Observations
Feb 1933: 62.18 | Millions of Dollars | Monthly
Updated: Aug 17, 2012 3:05 PM CDT
Next Release Date: Not Available
Observations
Feb 1933: | 62.18 | |
Jan 1933: | 133.06 | |
Dec 1932: | 70.91 | |
Nov 1932: | 43.32 | |
Oct 1932: | 20.09 | |
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NOTES
Source: National Bureau of Economic Research
Release: NBER Macrohistory Database
Units: Millions of Dollars, Not Seasonally Adjusted
Frequency: Monthly
Notes:
Data Cover Banks Closed On Account Of Financial Difficulties By Order Of Supervisory Authorities Or By Direction Of Bank. Figures Include Banks Subsequently Reopened. Voluntary Liquidations Are Excluded. Deposits Include All Funds Owed Depositors But Do Not Include Amounts Borrowed From Other Banks. In The Autumn Of 1931, The National Credit Corporation Was Formed Under The Sponsorship Of Banks, To Make Loans To Banks In Difficulty. In February 1932, The Reconstruction Finance Corporation Was Formed, Leading To A Reduction In The Rate Of Suspensions (See 1932 Report). Coverage Ends In February 1933, Due To Banking Legislation Enacted In March (Emergency Banking Act) Which Render Later Data Incomparable. Source: Federal Reserve Board, Annual Report, 1932, Pp. 152-154, And 1933, P. 223.
This NBER data series m09039 appears on the NBER website in Chapter 9 at http://www.nber.org/databases/macrohistory/contents/chapter09.html.
NBER Indicator: m09039
Suggested Citation:
National Bureau of Economic Research, Deposits of Suspended Banks, All Banks--Members and Non-Members of the Federal Reserve System for United States [M09039USM144NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M09039USM144NNBR, March 13, 2025.
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