The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate R e l e a s e ) A p r i l 13, 19b9 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 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 t h e week ended A p r i l 6: A d e c r e a s e of $277,000,000 i n commercial, i n d u s t r i a l , and a g r i c u l t u r a l l o a n s , and i n c r e a s e s of $6b7,000,000 i n h o l d i n g s of U n i t e d S t a t e s Government s e c u r i t i e s and $5b6,000,000 i n demand d e p o s i t s c r e d i t e d t o domestic b a n k s . Commercial, i n d u s t r i a l , and a g r i c u l t u r a l l o a n s d e c r e a s e d i n a l l d i s t r i c t s j t h e p r i n c i p a l d e c r e a s e s were $116,000,000 i n New York C i t y , $5b,000,000 i n t h e Chicago D i s t r i c t , $27,000,000 i n t h e San F r a n c i s c o D i s t r i c t , $22,000,000 i n t h e V Boston D i s t r i c t , and $15,000,000 each i n t h e Cleveland and S t . Louis d i s t r i c t s . 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 U n i t e d S t a t e s Government s e c u r i t i e s d e c r e a s e d $1*11?,000,000, l a r g e l y i n New York C i t y . The i n c r e a s e s of $32b,000,000 i n h o l d i n g s of T r e a s u r y b i l l s , $ l 5 b , 0 0 0 , 0 0 0 i n T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s , and $56,000,000 i n T r e a s u r y n o t e s were l a r g e l y i n New York and Chicago. Holdings of U n i t e d S t a t e s Government bonds i n c r e a s e d $33,000,000 i n New York C i t y , $23,000,000 i n t h e Chicago D i s t r i c t , $17,000,000 i n t h e Boston D i s t r i c t , $16,000,000 i n t h e Cleveland D i s t r i c t , and a t o t a l of $113,000,000 a t a l l r e p o r t i n g member b a n k s . Demand d e p o s i t s a d j u s t e d d e c r e a s e d i n most of t h e d i s t r i c t s ; t h e p r i n c i p a l changes were d e c r e a s e s of $110,000,000 i n New York C i t y , $9b,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 $62,000,000 i n t h e Chicago D i s t r i c t o u t s i d e of Chicago, and an i n c r e a s e of $261,000,000 i n Chicago; t h e n e t d e c r e a s e a t a l l r e p o r t i n g member banks was $ 8 9 , 0 0 0 , 0 0 0 . Demand d e p o s i t s c r e d i t e d t o domestic banks i n creased s u b s t a n t i a l l y in nearly a l l d i s t r i c t s . Borrowings d e c r e a s e d $ l 5 b , 0 0 0 , 0 0 0 i n New York C i t y , $b5,000,000 i n Chicago, and a t o t a l of $174,000,000 a t a l l r e p o r t i n g member b a n k s , 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 f o l l o w s : H.1w2 Apr. 19h9 I n c r e a s e or decrease since Apr. 7, Mar. 30, 19b8 19b9 m i l l i o n s oJ d o l l a r s ) - 130 -1,829 - 799 + 901 +1,039 796 - 277 + 197 A S S E T S Loans and i n v e s t m e n t s - t o t a l Loans - n e t Loans - g r o s s # Commercial, i n d u s t r i a l , and a g r i c u l t u r a l l o a n s 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 : 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 l o a n s f o r p u r c h a s i n g or 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 l o a n s Loans t o banks Other l o a n s (In 61,Obi 2b, 235 2b,536 lb,627 U. S . Government s e c u r i t i e s - t o t a l Treasury b i l l s T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s Treasury notes U. S . bonds Other s e c u r i t i e s 32,397 1,387 U,778 983 25,2b 9 b,b09 + 6b 7 + 32b + 15b + 56 + 113 + 22 —2,8l8 - b.66 + 9b7 -l,b20 -1,879 + 88 lb,lb3 7b2 2,125 + 255 +1,769 11 9b bit,820 15,118 2,116 8,b63 1,389 173 — 89 -1,158 + 359 + 663 - Ib9 + 26 26 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 except Govt. U. S . Government d e p o s i t s I n t e r b a n k demand d e p o s i t s : Domestic banks F o r e i g n banks Borrowings D e b i t s t o demand d e p o s i t a c c o u n t s , e x c e p t i n t e r b a n k and U. S f Govt, a c c o u n t s , d u r i n g week Digitized#See for FRASER f o o t n o t e on f o l l o w i n g p a g e . 632 5ia 197 b30 b,081 222 3,833 21,895 - + — - - - bl5 13 ,+ + 229 86 8 3 2 86 18 + + 8b b7 bbl 17 23b b3 + 129 - - 3 68 + 5b6 + 1 - 17b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, APRIL 6 . 19Lc. districts A S S E T S Loans and i n v e s t m e n t s - t o t a l 61,041 Loans - n e t # 24,235 Commercial, i n d u s t r i a l , & a g r ' l l o a n s 14,627 Loans t o b r o k e r s and d e a l e r s f o r purchasing or carrying: U. S . Government o b l i g a t i o n s 632 Other s e c u r i t i e s 514 Other l o a n s f o r p u r c h a s i n g o r c a r r y i n g : 197 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 430 Real e s t a t e loans 4,081 Loans t o banks 222 Other l o a n s 3,833 Boston P h i l a - Cleved e l n h i a land In 19,937 2 , 5 1 4 4 , 3 0 0 8,315 910 1 , 4 6 4 5,655 525 897 RichA t l a n t a Chicago mond m i l l i o n s of d o l l a r s 2 , 4 6 8 2,275 8,309 845 835 2,557 405 530 1,721 St. Louis Mirme-1Kansas aoolisI Cit 2,036 951 564 1,129 437 251 1 2,314 867 560 San Francisco 2,206 1,065 741 12 9 594 400 1 18 7 16 6 8 13 28 1 4 11 16 133 2 198 49 183 411 184 950 2 7 92 8 267 29 21 275 1 235 13 20 194 1 214 15 29 68 5 191 29 58 336 16 386 10 12 161 1 208 7 5 64 12 128 13 39 87 115 162 189 32,397 1,387 4,778 983 25,249 4,409 14,143 742 2,125 1,126 1,619 81 254 45 1,239 132 596 55 96 77 10,298 388 1,309 165 8,436 1,324 5,541 158 118 442 1,306 65 144 34 1,063 298 533 40 103 53 2,492 94 260 113 2,025 344 865 81 135 61 1,490 57 173 43 1,217 133 538 63 154 49 1,251 57 266 37 891 189 490 41 198 51 5,084 375 584 225 3,900 668 1,892 98 291 79 950 23 174 48 705 135 454 27 117 23 607 19 131 14 443 85 240 12 74 16 ,239 98 274 72 795 208 546 28 269 25 1,019 20 243 40 716 44,820 15,118 2,116 8,463 1,389 173 1,023 6,075 2,332 479 90 276 31 10 51 321 16,078 2,393 607 2,754 1,188 106 610 2,460 2,029 440 87 335 11 6 26 309 2,925 1,387 183 437 5 6 37 462 1,989 588 100 350 6 2 15 222 1,749 535 59 491 10 1 23 187 5,462 2,554 454 1,352 51 28 65 703 1,329 480 74 580 2 1 15 176 798 256 43 258 2 1 14 99 D e b i t s t o demand d e p o s i t a c c o u n t s , e x c e p t i n t e r b a n k and U. S . Govt, a c c o u n t s 21,895 Digitized #Seefor fFRASER o o t n o t e on p r e v i o u s p a g e . 854 10,148 783 1,174 713 660 3,156 567 350 U. S , Government s e c u r i t i e s - t o t a l Treasury b i l l s T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s Treasury notes U. S . bonds 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 d o m e s t i c banks Other a s s e t s - n e t 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 e x c e p t G o v ' t U. S . Government d e p o s i t s I n t e r b a n k demand d e p o s i t s : Domestic F o r e i g n banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 10,787 4,974 2,125 4 14 6 384 80 725 1 6 11 196 122 534 33 272 AS 1,906 418 59 491 5 13 28 2,132 4 718 5,042 110 966 147 3,819 771 1,914 106 298 202 6,44-4 5,204 280 414 77 6 14 200 142 740 309 2,4$T
@FedFRASER