The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
H.IJ.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) A p r i l 8, 19U7 CONDITION Ql* 'WEEKLY REPORTING ME?MBSR BANftS IN LEADING CITIES The c o n d i t i o n s t a t e m e n t df weekly l e ^ O r t i n ^ 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 t h e week ended A p r i l 2* An i n c r e a s e of $101,000,000 i n commercial, i n d u s t r i a l ^ &hd 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 s of $U52,000,000 i n h o l d i n g s of T r e a s u r y c e r t i f i c a t e s of indebtedness and $620;000,000 i n demand d e p o s i t s a d j u s t e d , and an i n c r e a s e of $121,000,000 i n b o r r o w i n g 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 loans i n c r e a s e d $76,000,000 i n New York C i t y and $30,000,000 i n t h e Boston D i s t r i c t . 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 $50,000,000. tt0ther loans" i n c r e a s e d $1*0,000,000, 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 i n a l l d i s t r i c t s , r e f l e c t i n g t h e p a r t i a l redemption of a maturing s e r i e s . Holdings of Treasury b i l l s d e c l i n e d $7^,000,000 i n t h e Chicago D i s t r i c t , $25,000,000 i n New York C i t y , and $97,000>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 notes d e c l i n e d $71,000,000. Holdings of United S t a t e s Government bonds i n c r e a s e d $95,000,000 i n New York C i t y , $31*, 000,000 i n t h e Boston D i s t r i c t , and $76,000,000 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 $20,000,000 i n t h e San F r a n c i s c o D i s t r i c t . 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 $659*000,000 i n t h e C i t y of Chicago and $620,000,000 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 $111,000,000 i n t h e Boston D i s t r i c t . Time d e p o s i t s i n c r e a s e d $ii3,000,000. United S t a t e s Government d e p o s i t s d e c l i n e d i n a l l d i s t r i c t s and t h e t o t a l decrease was $261*, 000,000. Demand d e p o s i t s c r e d i t e d t o domestic banks i n c r e a s e d $ll*8,000,000 i n the Chicago Dist r i c t , $10l*,000,000 i n New York C i t y , and $283,000,000 a t a l l r e p o r t i n g member banks Borrowings i n c r e a s e d $162,000,000 i n the C i t y of Chicago and $121,000,000 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 $lit,000,000 and $16,000#000 i n t h e S t . Louis and Minneapolis d i s t r i c t s , r e s p e c t i v e l y . 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 . 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 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 loans f o r p u r c h a s i n g or c a r r y i n g i 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 i n d e b t e d n e s s Treasury n o t e s U.S.bonds Other s e c u r i t i e s Reserve with 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 demand deposits** Domestic banks Foreign banks Borrowings I n c r e a s e or decrease s i n c e April April 3, March '4 b, 2, 1916 19U7 W ( I n m i l l i o n s of d o l l a r s ) -10,1*01 325 5U,8li6 + 229 + 1,878 17,150 + + 3,665 101 11,171 388 1*05 516 i|21 1,690 16k 2,395 6U1 1,032 2,193 26,985 3,515 9,732 589 2,094 38,206 10,677 1,776 8,815 1,29k 353 + + 37 13 - 1,187 371 + 1* 1 20 - 1,1*01 + 1* + 533 1*0 + 560 97 1*52 71 76 - 398 + + + + - + 13 + 78 - 7,313 - U, 561* - 112 10 + 108 + + 165 31 91 75 53 22 + 620 1*3 + 1,653 + 897 - - - + + + 2 6k 283 22 121 Debits t o demand d e p o s i t accounts, except i n t e r b a n k and U, S. Govt, a c c o u n t s , d u r i n g week 20,085 • I n t e r b a n k time d e p o s i t s , $1*1* m i l l i o n on A p r i l 2, http://fraser.stlouisfed.org/ a r e included i n time d e p o s i t s . Federal Reserve Bank of St. Louis -12,280 + 811* 1*7 - 275 H.L.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 1 0 1 LEADING CITIES, APRIL 2 , 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 - t o t a l Commercial,industrial, & agr* 1 loans Loans t o brokers and dealers f o r purchasing or carrying* 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 loans Loans t o banks Other l o a n s 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 T o.t a l All district 54,846 17,150 11,171 1 T* ti f 1 F e di e- r' aj l -i R e s e r v~ e r D i zs zt St. New P h i l a - Cleve- Ttich- A t l a n t a Chicago Boston Louis d e l p h i a land mond York ( I n m i l l i o n s of d o l l a r s ) 7,782 1,813 2 , 8 4 6 20,363 2,222 4 , 5 9 2 1,827 1,886 2,325 715 492 584 689 1,308 6,395 954 422 1,590 258 726 622 338 419 4,505 ' ' 1 7 45 28 1 6 52 23 45 4 114 5 237 111 790 159 67 67 265 263 56 511 306 4,005 579 24 14 107 1 140 2 87 118 757 134 350 38 112 70 365 30 162 34 1,176 87 283 73 1,341 392 71 331 " 5 10 97 150 1,368 46o 47 443 7 4,539 2,082 244 1,656 29 167 53 631 17 11 291 270 1 18 21 22 113 191 192 149 684 320 1,060 887 10,475 1,226 11 7 51 2 180 30 155 58 1,074 216 85 16 226 2,395 64l 4,032 2,493 26,985 3,545 22 15 102 5 160 38 168 91 1,497 98 212 34 305 171 2,461 313 25 13 83 1 10? 5 151 74 1,014 91 9,732 589 2,094 1,379 479 59 112 75 3 #878 136 199 343 415 32 91 49 755 81 169 69 L I A BI LI T I E S 38,206 Demand d e p o s i t s a d j u s t e d 10,677 Time d e p o s i t s 1 U. S . Government d e p o s i t s »7?6 I n t e r b a n k demand d e p o s i t s * * Domestic banks 8,815 F o r e i g n banks 1,294 Borrowings i 353 Other l i a b i l i t i e s 2,215 CAPITAL ACCOUNTS 5,304 2,326 496 98 272 23 9 37 310 15,584 2,o4l 599 2,800 1,152 125 441 2,177 1,811 303 74 319 10 4 27 261 3,070 1,409 166 461 4 23 41 492 Reserve w i t h F e d e r a l Reserve Banks Cash i n v a u l t B a l a n c e s w i t h domestic banks Other a s s e t s - n e t 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 388 U.05 516 421 1,690 16k 5 • 18 134 19^7 r% i3 c% t 4. San Minne-jI Kansas D a l l a s Francisco a p o l i s jI C i t y 1,128 360 213 2,087 570 381 1,820 750 506 6,480 2,008 1,191 2 3 5 11 28 12 6 45 17 8 66 53 26 451 1 247 69 826 358 2,804 415 — - — 82 2 35 75 594 62 95 45 288 142 874 168 35 35 57 l 111 35 209 102 640 84 325 22 123 22 200 11 83 -14 434 22 255 21 397 24 224 34 958 47 281 575 1,135 381 63 553 8 4 15 146 712 243 41 329 2 5 10 94 1,445 328 68 802 1,484 323 49 473 4 3,391 2,219 256 376 50 1 1,455 593 — 5 10 161 11 155 20,085 824 9,719 779 1,147 535 517 3,396 499 325 604 4& •Interbank time d e p o s i t s , $44 m i l l i o n on April 2 , are included i n time d e p o s i t s . 1,280
@FedFRASER