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Part C - Economic Structure and Performance
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Chapter Cj - Financial Markets and Institutions
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Table Group Cj108-141 - Monetary Policy
Contributor
David C. Wheelock
Table Cj131-134 - Depository institution reserve requirements:1913-1992
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Cj131
Cj132
Cj133
Cj134
Central reserve city banks
Reserve city banks
Country banks
Time deposits
Row
Year
Effective date-Central reserve city or reserve city banks
Effective date-Country banks
Percent
Percent
Percent
Percent
1
1913
Dec 23
18.00
15.0
12.00
5.00
2
1917
Jun 21
13.00
10.0
7.00
3.00
3
1936
Aug 16
19.50
15.0
10.50
4.50
4
1937
Mar 01
22.75
17.5
12.25
5.25
5
1937
May 01
26.00
20.0
14.00
6.00
6
1938
Apr 16
22.75
17.5
12.00
5.00
7
1941
Nov 01
26.00
20.0
14.00
6.00
8
1942
Aug 20
24.00
20.0
14.00
6.00
9
1942
Sep 14
22.00
20.0
14.00
6.00
10
1942
Oct 03
20.00
20.0
14.00
6.00
11
1948
Feb 27
22.00
20.0
14.00
6.00
12
1948
Jun 11
24.00
20.0
14.00
6.00
13
1949
Sep 16
Sep 24
26.00
22.0
16.00
7.50
14
1949
May 01
May 05
24.00
21.0
15.00
7.00
15
1949
Jun 30
Jul 01
24.00
20.0
14.00
6.00
16
1949
Aug 01
24.00
20.0
13.00
6.00
17
1949
Aug 11
Aug 16
23.50
19.5
12.00
5.00
18
1949
Aug 18
23.00
19.0
12.00
5.00
19
1949
Aug 25
22.50
18.5
12.00
5.00
20
1949
Sep 01
22.00
18.0
12.00
5.00
21
1951
Jan 11
Jan 16
23.00
19.0
13.00
6.00
22
1951
Jan 25
Feb 01
24.00
20.0
14.00
6.00
23
1953
Jul 01
Jul 09
22.00
19.0
13.00
6.00
24
1954
Jun 16
Jun 24
21.00
19.0
13.00
5.00
25
1954
Jul 29
Aug 01
20.00
18.0
12.00
5.00
26
1958
Feb 27
Mar 01
19.50
17.5
11.50
5.00
27
1958
Mar 20
Apr 01
19.00
17.0
11.00
5.00
28
1958
Apr 17
18.50
17.0
11.00
5.00
29
1958
Apr 24
18.00
16.5
11.00
5.00
30
1960
Sep 01
17.50
16.5
11.00
5.00
31
1960
Nov 24
17.50
16.5
12.00
5.00
32
1960
Dec 01
16.50
16.5
12.00
5.00
33
1962
Oct 25
Nov 01
----
16.5
12.00
4.00
34
1966
Jul 14
Jul 21
----
16.5
12.00
5.00
35
1966
Sep 08
Sep 11
----
16.5
12.00
6.00
36
1968
Jan 11
Jan 18
----
17.0
12.50
6.00
37
1969
Apr 17
----
17.5
13.00
6.00
38
1970
Oct 01
----
17.5
13.00
5.00
39
1972
Nov 09
----
----
17.50
5.00
40
1973
Jul 19
----
----
18.00
5.00
41
1974
Dec 12
----
----
17.50
6.00
42
1975
Feb 13
----
----
16.50
6.00
43
1976
Dec 30
----
----
16.25
6.00
44
1980
Nov 13
----
----
12.00
3.00
45
1990
Dec 26
----
----
12.00
0.00
46
1992
Apr 02
----
----
10.00
0.00
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