The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
H,»4*2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) April 1, 1947 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The c o n d i t i o n s t a t e m e n t of weekly r e p o r t i n g member banks i n 101 l e a d i n g c i t i e s shows t h e f o l l o w i n g p r i n c i p a l changes f o r the week ended March 26* Decreases of $563,000,000 i n h o l d i n g s of United S t a t e s Government o b l i g a t i o n s , $204,000,000 i n b a l a n c e s w i t h domestic banks, $179*000,000 i n demand d e p o s i t s a d j u s t e d , and $655,000,000 i n d e p o s i t s c r e d i t e d t o domestic banks. Commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans d e c l i n e d $15,000,000 i n New York C i t y and $7,000,000 a t a l l r e p o r t i n g member banks. Loans t o b r o k e r s and d e a l e r s f o r p u r c h a s i n g or c a r r y i n g United S t a t e s Government and o t h e r s e c u r i t i e s i n c r e a s e d $71,000,000. , Holdings of T r e a s u r y b i l l s d e c l i n e d $ 3 ^ , 0 0 0 , 0 0 0 i n Mew York C i t y and_ $153,000,000 a t a l l r e p o r t i n g member banks. Holdings of T r e a s u r y c e r t i f i c a t e s of indebtedness d e c l i n e d $65,000,000 i n t h e Chicago D i s t r i c t and $129,000,000 a t a l l r e p o r t i n g member banks. Holdings of United S t a t e s Government bonds i n c r e a s e d $57,000,000 i n New York C i t y and $25,000,000 a t a l l r e p o r t i n g member banks, and d e c l i n e d $30,000,000 i n t h e Chicago D i s t r i c t . Demand d e p o s i t s a d j u s t e d d e c l i n e d $83,000,000 i n t h e C i t y of Chicago, $51,000,000 i n t h e Richmond D i s t r i c t , $44,000,000 i n t h e San F r a n c i s c o D i s t r i c t , and $179,000,000 a t a l l r e p o r t i n g member b a n k s , and i n c r e a s e d $55*000,000 i n t h e \ Chicago D i s t r i c t o u t s i d e of t h e C i t y of Chicago and $1+6,000,000 i n New York C i t y . United S t a t e s Government d e p o s i t s i n c r e a s e d $66,000,000. Deposits c r e d i t e d t o domestic banks d e c l i n e d i n a l l d i s t r i c t s . Borrowings i n c r e a s e d $28,000,000 i n New York C i t y , $18,000,000 i n t h e Cleveland D i s t r i c t , and $67,000,000 a t a l l r e p o r t i n g member banks. A summary of t h e a s s e t s and l i a b i l i t i e s of r e p o r t i n g member banks follows» • ASSETS Loans and investments - t o t a l Loans - t o t a l Commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans Loans t o b r o k e r s and d e a l e r s f o r purchasing or c a r r y i n g 1 U. S, Government o b l i g a t i o n s Other s e c u r i t i e s Other loans f o r purchasing ov c a r r y i n g ; U. S. Government o b l i g a t i o n s Other s e c u r i t i e s Real e s t a t e loans Loans t o banks Other loans Treasury b i l l s Treasury c e r t i f i c a t e s of indebtedness Treasury n o t e s U . S . b o n d s ( i n c l u d i n g guaranteed o b l i g a t i o n s ) Other s e c u r i t i e s Reserve w i t h F e d e r a l Reserve Banks Cash i n v a u l t Balances w i t h domestic banks L I A B I L I T I E S Demand d e p o s i t s a d j u s t e d Time d e p o s i t s U. S. Government d e p o s i t s I n t e r b a n k d e p o s i t s : Domestic banks Foreign banks Borrowings March 26, 19U7 55,171 16,921 11,070 351 392 512 120 1,670 151 2,355 738 U, I4.8U 2,564 26,909 .3,555 9,897 620 2,003 38,826 10,591 2,0U0 8,555 1,292 232 Debits t o demand d e p o s i t a c c o u n t s , except i n t e r b a n k and U, S, Govt, a c c o u n t s , during week l6,4o6 I n c r e a s e or decrease s i n c e March 27, March 19, 19U6 w 376 + 116 — 7 -10,804 + 1,231 + 3,606 + + 39 35 - 1,715 365 2 - 1,436 - + 3 + 12 + 34 + 2 - 453 - 129 t 6 25 71 - 111 + - - 5 - 6 - 131 + + + 518 83 546 47 - 7,460 - 4,485 + + + 20U 179 2 66 655 14 67 88 26 51 68 + 1,710 + 887 -12,543 326 + - 36 382 ASSETS AND LIABILITIES OF-VJBBKLY' BEPORTIHG-MEMBER BANKS H 3XU LEADING -CITIES, MARCH 26, *)kl Total F e d e r a 1 R e s e r. v e D i s t r i c t New All GlevePhilaRichBoston Atlanta Chicago St* Minne- Kansas Dallas districts York delphia land mond Louis apolis CityASSETS (In millions of dollars) Loans and investments - total 2,772 20,^09 2,232 4,615 1,860 1,919 7,919 1,835 1,131 2,100 1,838 55,171 Loans - total 16,921 6,248 901 3.6o 716 587 2,299 694 1,301 490 570 753 Commercial,industrial, & agr* 1 loans 2% 11,070 720 214 4,426 381 425 342 1,5' l 425 506 592 Loans to brokers and dealers for purchasing or carrying: ——— U. 3. Government obligations 2 — 262 L 16 20 1 1 4o 351 Other securities 11 2 18 6 23 253 392 7 33 5 3 5 Other loans for purchasing or carrying: Ue S. Government obligations 20 112 26 10 • 512 18 52 24 36 58 13 89 Other securities 16 6 188 420 C8 8 14 23 14 13 7 35 Real estate loans 82 225 1,670 264 107 191 50 65 45 93 43 57 Loans t o banks ——— ——— 2 2 1 1 151 133 4 7 Other loans 82 208 180 I48 113 683 113 105 255 2,355 137 94 Treasury b i l l s 12 2 • 18 27 32 27 130 31 325 14 738 37 Treasury certificates of indebtedness 186 166 251 1,277 233 578 4,484 155 305 334 94 43 Treasury notes 118 320 115 2.5&L 65 76 175 927 147 74 94 99 U.S,bonds(including guaranteed obligations ) 26,909 %2 761 1,463 10,394 1,075 2,463 1,023 643 874 792 4,005 Other securities 216 160 60 1,238 310 167 83 134 87 587 3,555 97 Reserve with Federal Reserve Banks 321 IT 52 417 363 1,416 389 197 3,879 743 434 9,897 339 Cash in vault 12 620 141 42 24 27 83 25 89 33 35 59 Balances with domestic banks 101 116 181 223 80 2,003 113 327 153 255 98 79 Other assets - net 22 21 68 14 46 70 1,578 73 34 34 343 73 LIABILITIES Demand deposits adjusted 2,215 15,604 1,791 3,081 1,332 1,389 5,224 1,147 38,826 694 1,471 1,491 Time deposits 322 380 323 237 • 10,591 297 i,4o4 478 2,013 389 459 2,080 U# S* Government deposits 111 81 287 . 688 2,0li0 72 189 48 87 57 74 53 Interbank deposits: Domestic banks 280 2, 697 1,510 472 532 791 329 443 8,555 337 453 333 Foreign banks 2 21 6 8 1,150 1,292 30 3 7 4 9 Borrowings — —— 18 21 123 232 24 14 13 3 5 3 Other l i a b i l i t i e s 12 11 100 10 2,21*9 17 42 27 15 446 55 39 CAPITAL ACCOUNTS 162 262 150 146 300 2,167 630 134 154 5,281 493 93 H.4.2(a) ——— ——— — Debits to demand deposit accounts, except interbank and U*S* Govt, accounts 16,406 736 6,980 6V; 1, 0^6 496 504 2,812 475 328 582 485 'San"'* . Francisco 6,541 2,002 1,200 8 26 54 28 448 1 237 83 862 354 2,824 416 947 50 277 580 3,387 2,209 293 378 52 8 1,475 593 1,318
@FedFRASER