Transcript

TABLE D-42.—Federal Reserve Bank credit and member bank reserves, 1929—59

[Averages of daily figures, millions of dollars]

Period

1929

1930 ...1931.19321933 .1934 . ... ..

19351936193719381939

19401941194219431944 . _

194519461947 .-19481949

1950 -- ---19511952 - - -19531954

19551956195719581959

1958* JanuaryFebruaryMarchAprilMavJune _-

JulyAugustSeptemberOctober _ __NovemberDecember

1959* JanuaryFebruaryMarchAprilMayJune

JulyAugustSeptemberOctoberNovemberDecember

Reserve Bank credit outstanding

Total

1,459

1,0871,2742,0772,4292,502

2,4752,4812,5542,6002,628

2,4872,2933,4088,182

15, 358

22, 21124, 02922, 98922, 28320, 161

19, 06224, 07024, 80126, 26225,602

25, 47225, 70225, 37325, 98228, 089

25, 22924, 56824, 55924, 68224, 93925, 851

26, 31026, 55426, 54826, 78927, 21128, 412

27, 56427, 05927, 05527, 32327, 66927, 937

28, 44128, 50928, 68728, 56328, 74129, 435

U.S.Govern-ment se-curities

208

564669

1,4612,0522,432

2,4312,4312,5042,5652,584

2,4172,1873,1917,724

14, 772

21,36323,25022, 33021, 51119,560

18, 41022, 75623, 06624, 66124, 646

23, 89123, 70923, 34524, 65426, 194

23, 60823, 37823, 48623, 64923, 93924, 749

25, 21825, 41025, 05125, 29625, 65026, 312

25, 77625, 53225, 44625, 66125, 92025, 963

26, 42226, 58826, 67426, 51726, 73227, 036

Memberbank

borrow-ings

943

27132351823429

76

1494

355

24135

366215156140115

106289780768147

607831837294801

451242138130119142

109252476425486557

556508601676767921

9561,008

903905878906

Allother,mainly

float

308

25228298

14341

3744362640

67101212434451

482564503632486

5461,025

955833809

9741,1621,1911,0321,095

1,170948935903881960

983892

1,0211,0681,0751,543

1,2321,0191,007

986982

1,053

1,062914

1,1101,1411,1311,493

Member bank reserves

Total

2,358

2,3792,3232,1142,3433,676

5,0015,9896,8307,935

10, 352

13, 24913, 40412, 64812, 62613, 222

15, 05515, 96916, 46118, 00117, 774

16,40019, 29320, 35619, 99619, 276

18, 84318, 96519, 02118, 647

2318,611

19, 29619,00018, 73018, 39418, 22318,600

18,60918, 58018, 42518, 47618, 54018, 899

18, 89318, 57718, 42918, 66418,58018, 451

18, 67118, 61318, 59318, 61018, 621

2318,951

Re-quired

2,315

2,3242,2341,858

11,815i 2, 112

2,5323,4775,6105,4135,960

6,9238,0809,980

11,11612, 176

13, 93414, 99315,60817, 16416, 952

15,61718, 53619, 64219, 31918,501

18, 25718,40318,50718, 056

3 18, 164

18, 72318, 43418, 09717,77217, 55717, 974

17, 95317, 94617, 85417, 95518, 03418, 383

18, 39618, 11717, 96818, 24718, 13218, 043

18, 27118, 14118, 18318, 16418, 176

318,456

Excess

43

5589

256i 528

i 1, 564

2,4692,5121,2202,5224,392

6,3265,3242,6681,5101,046

1,121976853837822

783757714677775

586562514591

3447

573566633622666626

656634571521506516

497460461417448408

400472410446445

3495

Memberbankfree

reserves(excess re-serves less

borrow-ings)

-900

-216-234-262

2941,535

2,4622,5061,2062,5134,388

6,3235,3192,6631,486

911

755761697697707

677468

-66-91628

-21-269-320

2983 -354

122324495493547484

546383959620

-41

-59-47

-140-258-318-513

-557-535-493-459-433

3 _4U

i Data from March 1933 through April 1934 are for licensed banks only.2 Includes vault cash allowed, which averaged $323 million in December.8 Preliminary.NOTE.—Detail will not necessarily add to totals because of rounding.

Source: Board of Governors of the Federal Reserve System.

204

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1960

TABLE C-42.—Federal Reserve Bank credit and member bank reserves, 7929-60

[Averages of daily figures, millions of dollars]

Period

1929: December _

1930: December1931: December .1932: December _ _1933: December1934: December

1935: December1936: December _1937: December _ ._1938: December.1939: December

1940: December1941: December.1942: December1943* December1944: December

1945: December1946: December _ _1947: December.- _1948- December1949: December.

1950: December.1951: December1952* December1953: December. _1954- December

1955: December1956* December1957: December. _1958: December _ _1959* December

1960: December. .

1959: JanuaryFebruaryMarch...AprilMayJune.. _.

July _AugustSeptemberOctoberNovemberDecember

1960: January _FebruaryMarchAprilMay.. _June

July..AugustSeptemberOctoberNovemberDecember

Reserve Bank credit outstanding

Total

1,643

1,2731,9502,1922,6692,472

2,4942,4982,6282,6182,612

2,3052,4046,035

11,91419, 612

24, 74424, 74622, 85823, 97819, 012

21,60625, 44627, 29927, 10726, 317

26, 85327, 15626, 18628, 41229, 435

29,065

27,56427, 05927,05527, 32327, 66927, 937

28, 44128,50928,68728, 56328, 74129, 435

28, 23627, 27627,04827, 22727, 39327, 751

28, 17828,20928, 09128,50229.33329,065

U. S.Govern-ment se-curities

446

644777

1,8542,4322,430

2,4302,4342,5652,5642,510

2,1882,2195,549

11, 16618, 693

23, 70823, 76721,90523,00218, 287

20,34523, 40924,40025, 63924, 917

24,60224, 76523, 98226, 31227,036

27,248

25, 77625, 53225,44625, 66125, 92025,963

26,42226,58826, 67426, 51726, 73227, 036

25, 93425, 32225, 31025, 48825, 81826, 124

26, 61926, 98326, 65327, 05627, 87127,248

Memberbank

borrow-ings

801

3377632819510

67

1673

354

90265

334157224134118

142657

1,593441246

839688710557906

94

557508601676767921

9571,007

903905878906

905816635602502425

38829322514914294

Allother,

mainlyfloat

396

292410

5714232

5857474799

114180483659654

702821729842607

1,1191,3801,3061,0271,154

1,4121,7031,4941,5431,493

1,723

1,2311,0191,008

986982

1,053

1,062914

1,1101,1411,1311,493

1,3971,1381,1031,1371,0731,202

1,171933

1,2131,2971,3201,723

Member bank reserves

Total

2,395

2,4152,0692,4352,6164,037

5,7166,6656,8798,745

11,473

14,04912, 81213, 15212, 74914,168

16, 02716, 51717,26119,99016,291

17,39120, 31021,18019,92019, 279

19,24019, 53519, 42018,899

2 18, 932

19,283

18, 89318, 57718,42918, 66418,58018, 451

18, 67118,61318, 59318, 61018,62118, 932

18, 87818, 21318, 02718, 10418,23918,294

18, 51818,50118, 57018, 73319,00419, 283

Re-quired

2,347

2,3422,0091,909

U,850i 2, 289

2,7334,6195,8085,5196,462

7,4039,422

10, 77611, 70112, 884

14, 53615, 61716, 27519, 19315, 488

16,36419,48420, 45719,22718, 576

18,64618,88318, 84318,38318,450

18, 515

18, 39618, 11717, 96818,24718, 13218, 043

18, 27118, 14118, 18318,16418, 17618,450

18,33417,75817, 61117, 69617, 77017, 828

18, 01017, 96117, 93118, 09518. 24818, 515

Excess

48

7360

5261766

i 1, 748

2,9832,0461,0713,2265,011

6,6463,3902,3761,0481,284

1,491900986797803

1,027826723693703

594652577516482

768

497460461417448408

400472410446445482

544455416408469466

508540639638756768

Memberbankfree

reserves(excess re-serves lessborrow-

ings)

-753

-264-703

245671

1,738

2,9772,0391,0553,2195,008

6,6433,3852,372

9581,019

1,157743762663685

885169

-870252457

-245-36

-133-41

-424

674

-60-48

-140-259-319-513

-557-535-493-459-433-424

-361-361-219-194-33

41

120247414489614674

i Data from March 1933 through April 1934 are for licensed banks only.* Beginning December 1959, total reserves held include vault cash allowed.

NOTE.—Data for Alaska and Hawaii included for all periods.Detail will not necessarily add to totals because of rounding.

Source: Board of Governors of the Federal Reserve System.

I76

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1961

T A B L E B-46.—Federal Reserve Bank credit and member bank reserves, 1'920-67

[Averages of daily figures, millions of dollars]

Year and month

1929: December

1930: December1931: December1932: December1933: December1934: December

1935: December1936: December1937: December1938: December1939: December

1940: December1941: December1942: December1943: December1944: December

1945: December1946: December1947: December1948: December1949: December

1950: December1951: December1952: December1953: December1954: December

1955: December1956: December1957: December1958: December1959: December

1960: December1961: December

I960* JanuaryFebruaryMarchAprilMayJune

JulyAugustSeptemberOctoberNovemberDecember

1961* JanuaryFebruaryMarchApril. .-MayJune

JulyAugust.SeptemberOctober ___NovemberDecember

Reserve Bank credit outstanding

Total

1,643

1,2731,9502,1922,6692,472

2,4942,4982,6282,6182,612

2,3052,4046,035

11,91419, 612

24, 74424, 74622, 85823,97819, 012

21, 60625,44627,29927,10726, 317

26,85327,15626,18628, 41229,435

29,06031,217

28, 23427,21027, 04727,18127, 37827, 737

28,17628,20628, 08828, 49029,24129, 060

28,48428,14528.03027,92528,00728,304

28,49828, 66129,08029,50430,14231,217

U.S.Govern-ment se-curities

446

644777

1,8542,4322,430

2,4302,4342,5652,5642,510

2,1882,2195,549

11,16618, 693

23, 70823, 76721, 90523,00218, 287

20, 34523, 40924,40025, 63924, 917

24,60224,76523,98226, 31227, 036

27.24829,098

25, 93425, 32225, 31025, 48825, 81826,124

26, 61926, 98326, 65327,05627,87127, 248

26.94226 82926,83126,67626. 74726, 935

27 02427,41527, 56328. 04428, 61629, 098

Memberbank

borrow-ings

801

3377632819510

67

1673

354

90265

334157224134118

142657

1,593441246

839688710557906

87149

905816635602502425

38829322514914287

4913770569663

51673765

105149

Allother,

mainlyfloat

396

292410

5714232

5857474799

114180483659654

702821729842607

1,1191,3801,3061,0271,154

1,4121,7031,4941,5431,493

1,7251,970

1,3951,0721,1021,0911,0581,188

1,169930

1,2101,2851,2281,725

1,4931,1791,1291,1931,1641,306

1,4231,1791,4801,3961,4201,970

Member bank reserves

Total

2,395

2,4152,0692,4352,5884,037

5,7166,6656,8798,745

11, 473

14,04912,81213,15212, 74914,168

16,02716, 51717, 26119, 99016, 291

17, 39120,31021,18019, 92019, 279

19,24019. 53519,42018, 899

218,932

19,2833 20,118

18, 87818,21318,02718,10418,23918,294

18, 51818, 50118, 57018, 73319, 00419,283

19 31518.96418,80918,88418,85619,042

19,06319,22319, 37219, 66019, 832

3 20,118

Re-quired

2,347

2,3422,0101,909

i 1,8222,290

2,7334,6195,8085,5206,462

7,4039,422

10, 77611, 70112, 884

14, 53615, 61716,27519,19315,488

16, 36419,48420,45719, 22718, 576

18,64618, 88318,84318, 38318, 450

18, 527319, 545

18,34817, 76217, 61117,69617, 77017, 832

18,01017,96117, 93118,10418, 24818, 527

18,57018, 31018,26318, 26618, 30718, 430

18,48218,61918, 78319,15319,218

319,545

Excess

48

7360

5261766

1,748

2,9832,0461,0713,2265,011

6,6463,3902,3761,0481,284

1,491900986797803

1,027826723693703

594652577516482

7563 572

530451416408469462

508540639629756756

745654546618549612

581604589507614

3572

Memberbank freereserves(excess

reservesless bor-rowings)

-753

-264-703

245671

1,738

2,9772,0391,0553,2195,008

6,6433,3852,372

9581,019

1,157743762663685

885169

-870252457

-245- 3 6

-133- 4 1

-424

6693 423

-375-365-219-194- 3 3

37

120247414480614669

696517476562453549

530537552442509

3 423

1 Data from March 1933 through April 1934 are for licensed banks only.2 Beginning December 1959, total reserves held include vault cash allowed.3 Preliminary.

NOTE.—Data for member banks in Alaska and Hawaii included beginning 1954 and 1959, respectively.

Source: Board of Governors of the Federal Reserve System.

262

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1962

T A B L E C-47.—Federal Reserve Bank credit and member bank reserves, 192&-62

[Averages of daily figures, millions of dollars]

Year and month

Reserve Bank credit outstanding

Total

1,643

1,2731,9502,1922,6692,472

2,4942,4982,6282,6182,612

2,3052,4046,035

11,91419,612

24,74424,74622,85823,97819,012

21,60625,44627,29927,10726,317

26,85327,15626,18628,41229,435

29,06031,21733,218

28,48428,14528,03027,92528,00728,304

28,49828, 66129,08029,50430,14231,217

30,46829,83930,06330,63430, 99131,265

31,47531,60031,80732,05732,05333,218

U.S.Govern-ment se-curities

446

644777

1,8542,4322,430

2,4302,4342,5652,5642,510

2,1882,2195,549

11,16618,693

23,70823, 76721,90523,00218,287

20,34523,40924,40025, 63924,917

24, 60224, 76523,98226, 31227,036

27.24829,09830, 546

26,94226,82926,83126,67626.74726,935

27, 02427,41527, 56328.04428,61629,098

28, 51928,38428, 57029,14329,50329, 568

29, 58130,08829,92130,24130,19530,546

Memberbank

borrow-ings

801

3377632819510

67

1673

354

90265

334157224134118

142657

1,593441246

839688710557906

87149304

4913770569663

51673765

105149

7068916963

100

89127

8065

119304

Allother,

mainlyfloat

396

292410

5714232

5857474799

114180483659654

702821729842607

1,1191,3801,306L,0271,154

1,412L, 703L,4941,5431,493

1,7251,9702,368

1,4931,1791,1291,1931,164L,306

1,423,179

1,4801,3961,4201,970

1,8791,3871,4021,4221,4251,597

1,8051,3851,8061,7511,7392,368

Member bank reserves

Total

2,395

2,4152,0692,4352,5884,037

5,7166,6656,8798,745

11,473

14,04912,81213,15212,74914,168

16,02716,51717,26119,99016,291

17,39120,31021,18019,92019,279

19,24019, 53519,42018,899

a 18,932

19,28320,118

3 20,036

19, 31518, 96418,80918,88418,85619,042

19,06319,22319,36719,66019,84020,118

20,08919, 57119, 54719, 72319,81719,924

20,04619,92120,03420,20519,601

320,036

Re-quired

2,347

2,3422,0101,909

i 1,8222,290

2,7334,6195,8085,5206,462

7,4039,422

10,77611,70112,884

14,53615,61716,27519,19315,488

16,36419,48420,45719,22718, 576

18,64618, 88318,84318,38318,450

18,52719,550

319,468

18, 57018,31018,25318,27718,30718,430

18,48218,61918,78319,15319,21819,550

19,47319,06919,07719,21319,32019,453

19, 51419,35819, 57619,72119,012

319,468

Excess

48

7360

5261766

1,748

2,9832,0461,0713,2265,011

6,6463,3902,3761,0481,284

1,491900986797803

1,027826723693703

594652577516482

756568

3 568

745654556607549612

581604584507622568

616502470510497471

532563458484589

3568

Memberbank freereserves(excess

reservesless bor-rowings)

1929: December..

1930: December..1931: December..1932: December..1933: December..1934: December..

1935: December..1936: December. _1937: December..1938: December..1939: December..

1940: December. .1941: December..1942: December. _1943: December. .1944: December..

1945: December. _1946: December. .1947: December..1948: December. .1949: December..

1950: December..1951: December..1952: December. _1953: December. _1954: December. .

1955: December. .1956: December. .1957: December. _1958: December. .1959: December. .

1960: December._1961: December. _1962: December. . .

1961: JanuaryFebruary. __MarchApril.M a y . .June.

TillyAugustSeptember—OctoberNovember--December. _

1962: JanuaryFebruary. _-MarchAprilMayJune

JulyAugustSeptember—OctoberNovember. .December. .

-753

-264-703245671

1,738

2,9772,0391,0553,2195,008

6,6433,3852,372

9581,019

1,157743762663685

885169

- 8 7 0252457

- 2 4 5- 3 6

- 1 3 3- 4 1

- 4 2 4

4193 264

696517486551453549

530537547442517419

546434379441434371

443436378419470

3 264

1 Data from March 1933 through April 1934 are for licensed banks only.* Beginning December 1959, total reserves held include vault cash allowed.3 Preliminary.

NOTE.—Data for member banks in Alaska and Hawaii included beginning 1954 and 1959, respectively.

Source: Board of Governors of the Federal Reserve System.

228

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1963

TABLE G-47.—Federal Reserve Bank credit and member bank reserves^ 1929^63

[Averages of daily figures, millions of dollars]

Year and month

Reserve Bank credit outstanding

TotalU.S.

Govern-ment se-curities

Memberbank

borrow-

Allother,

mainlyfloat

Member bank reserves

Total Re-quired Excess

Memberbank freereserves(excess

reservesless bor-rowings)

1929: December

1930: December1931: December1932: December1933: December1934: December

1935: December1936: December1937: December1938: December1939: December

1940: December1941: December1942: December1943: December1944: December

1945: December1946: December1947: December1948: December1949: December

1950: December1951: December1952: December1953: December1954: December. . . .

1955: December1956: December1957: December1958: December1959: December

1960: December1961: December1962: December1963: December « - -

1962: JanuaryFebruary.—March..ApApril-M a y -day-June-

JulyAugustSeptember-OctoberNovember—December..

: JanuaryFebruary.. .MarchAprilMayJune

JulyAugustSeptember-OctoberNovember-December K.

1,643

1,2731,9502,1922,6692,472

2,4942,4982,6282,6182,612

2,3052,4046,035

11,91419,612

24,74424,74622,85823,97819,012

21,60625,44627,29927,10726,317

26,85327,15626,18628,41229,435

29,06031,21733,21836,610

30,46829,83930,06330,63430,99131,265

31,47531,60031,80732,05732,05333,218

32,66332,28732,47732,69232,97233,454

34,26234,08034,44034,62835,35336,610

446

644777

1,8542,4322,430

2,4302,4342,6652,5642,510

2,1882,2195,54911,16618,693

23,70823,76721,90523,00218,287

20,34523,40924,40025,63924,917

24,60224,76523,98226,31227,036

27,24829,09830,54633,729

28,51928,38428, 57029,14329,50329,568

29,58130,08829,92130,24130,19530,546

30,19830,54130,61330,89731,13831,540

32,15832,23332,34132,64833,12633,729

801

3377632819510

67

167

54

90265

334157224134118

142657

1,593441246

839688710557906

87149304327

7068916963

100

1278065

119304

172155121209236

322330321313376327

396

29241057

14232

57474799

114180483659654

702821729842607

1,7251,9702,3682,554

1,8791,3871,4021,4221,4251,597

1,8051,3851,8061,7511,7392,368

2,3661,5741,7091,6741,6251,678

1,7821,5171,7781,6671,8512,554

2,395

2,4152,0692,4352,5884,037

5,7166,6656,8798,745

11,473

14,04912,81213,15212,74914,168

16,02716, 51717,26119,99016,291

1,1191,3801,3061,0271,154

1,4121,7031,4941,5431,493

17,39120,31021,18019,92019,279

19,24019, 53519,42018,899

»18,932

19,28320,11820,04020,699

20,08919,57119,55019,72319,82319,924

20,04319,92420,03420,20519,60420,040

20,03519,58119,51619,57419,67619,735

20,01719,72119,94520r00420,11920,699

2,347

2,3422,0101,909

i 1,8222,290

2,7334,6195,8085,5206,462

7,4039,42210,77611,70112,884

14,53615,61716,27519,19315,488

16,36419,48420,45719,22718,576

18,64618,88318,84318,38318,450

18,51419,55019,46820,194

19,46419,06919,07719,21319,32019,433

19,51419,35819,57919,72119,01219,468

19,55219,10919,09019,14019,21919,358

19,53719,25419,53219,59619,70420,194

48

7360

5261766

1,748

2,9832,0461,0713,2265,011

6,6463,3902,3761,0481,284

1,491900986797

1,027826723693703

594652577516482

568572505

625502473510503491

529566455484592572

483472426434457377

480467413408415505

-753

-264-703245671

1,738

2,9772,0391,0553,2195,008

6,6433,3852,372

9581,019

1,157743762

885169

-870252457

-245- 3 6

-133- 4 1

-424

419268178

555434382441440391

440439375419473268

300271313248141

158137929539

178

* Data from March 1933 through April 1934 are for licensed banks only.s Beginning December 1959, total reserves held include vault cash allowed.» Preliminary.

NOTE.—Data for member banks in Alaska and Hawaii included beginning 1954 and 1959, respectively.

Source: Board of Governors of the Federal Reserve System.

264

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1964


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