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BOARD cf governors of the f e d e r a l reserve system
(For Immediate Release)
December 1, 19^8
CONDITION CF WEEKLY REPORTING MEMBER BANKS IK LEADING CITIES
The condition statement of weekly reporting member banks i n leading c i t i e s
shows the 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 November 24« Decreases
of $421,000,000 i n holdings of Treasury b i l l s , $206,000,000 in United States
Government d e p o s i t s , and §>776,000,000 i n demand deposits credited t o domestic
banks, and increases of ^394,000,000 in demand d e p o s i t s adjusted and $286,000,000
i n borrowings.
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 decreased $18,000,000 i n New
York C i t y and $23,000,000 a t a l l reporting member banks. Loans t o brokers and
dealers f o r purchasing or carrying United S t a t e s Government and other s e c u r i t i e s
increased $277,000,000, l a r g e l y i n New York C i t y ,
Holdings of Treasury b i l l s decreased $156,000,000 i n New York C i t y , $98,000,000
i n the Chicago D i s t r i c t , $1*6,000,000 i n the San Francisoo D i s t r i c t , $31,000,000
i n the Cleveland D i s t r i c t , and $421,000,000 a t a l l reporting member banks. Holdings
of Treasury c e r t i f i c a t e s of indebtedness decreased $58,000,000*
Demand deposits adjusted increased $2!#,000,000 i n New York C i t y . $91,000,000
i n the Chicago D i s t r i c t , and $394,000,000 a t a l l reporting member banks. United
S t a t e s Government d e p o s i t s decreased i n a l l d i s t r i c t s . Demand deposits credited
t o domestic banks decreased $202,000,000 i n New York City, $li*l*,000,000 i n the
Chicago D i s t r i c t , $56,000,000 i n the San Francisco D i s t r i c t , $5^,000,000 i n the
Cleveland D i s t r i c t , $51,000,000 i n the Philadelphia D i s t r i c t , and by l e s s e r amounts
i n other d i s t r i c t s .
Borrowings increased $181,000,000 in New York C i t y and $286,000,000 at a l l
reporting member banks.
A summary of the a s s e t s and l i a b i l i t i e s of reporting member banks f o l l o w s i
2»4«2
A S S B IS
Loans and investments - t o t a l
Loans - net
Loans - gross^
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 brokers and dealers
f o r purchasing or carrying:
U. S. Government obligations
Other s e c u r i t i e s
Other loans f o r purchasing or carrying:
U. S. Government obligations
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
U. S. Government s e c u r i t i e s - t o t a l
Treasury b i l l s
Treasury c e r t i f i c a t e s of indebtedness
Treasury notes
U. S. bonds
Other s e c u r i t i e s
Reserve with Federal Reserve Banks
Cash i n v a u l t
Balances with domestic banks
L I A B I L I T IBS
Demand deposits adjusted •
Time deposits except Govt.
U. S. Government d e p o s i t s
Interbank demand deposits* Domestic banks
Foreign banks
Borrowings
Debits t o demand d e p o s i t accounts, except interbank
and U# S, Govt, accounts, during week
#See footnote on f o l l o w i n g page.
Increase or
decrease since
Nov. 17, kov. <£6,
I9k8
W
( I n m i l l i o n s of d o l l a r s )
62,1*62
-185
-2,580
25,212
+268
+2,113
25,463
15,545
+270
- 23
+2,237
+1,199
621*
155
+232
+ 1*5
-
198
506
4,o45
198
3,892
33,073
2,090
4.457
1,692
21,83k
1,177
- 4
+ 30
+ 10
- 30
14, 688
817
2,107
47,301
14,849
1.458
8,762
1,421
425
22,1*90
+ 10
-452
-421
- 58
• 14
+ 13
- 1
+131
-
8
-243
+394
- 25
—206
-776
+ 5
+286
+ 166
17
- 235
+
18
+ 653
37
+ 1*90
-4,651
+1,069
+ 664
- 305
-6,079
42
+2,230
+
17
- 219
- 681
+ 391
+ 329
- 764
+ 43
-
22
ASSETS AND LIABILITIES OF WEEKLY
Total
New
All
Boston York
district
ASSETS
Loans and investments - t o t a l
Loans - netjf
Commercial,industrial & agr* 1 loans
Loans t o brokers and d e a l e r s f o r
purchasing or carrying*
U. S. Government obligations
Other s e c u r i t i e s
Other loans f o r purchasing or carrying*
U, S . Government obligations
Other s e c u r i t i e s
keal e s t a t e loans
Loans to banks
Other loans
U-. S, Government s e c u r i t i e s - t o t a l
Treasury b i l l s
Treasury c e r t i f i c a t e s of indebtedness
Treasury notes
U. S. bonds
Other s e c u r i t i e s
Reserve with Federal Reserve Banks
Cash i n v a u l t
Balances with domestic banks
Other a s s e t s - net
L I A B I L I T I E S
Demand deposits adjusted
Time deposits except Govt.
U.S. Government d e p o s i t s
Interbank demand deposits{Domestic banks
Foreign banks
Borrow! ngs
Other l i a b i l i t i e s
CAPITAL ACCOUNTS
Debits t o demand d e p o s i t accounts,except
interbank and U.S.Govt, accounts
#5ee footnote on previous page.
D i s t r i e 5 t
Res e r v e
F e d e r a 1
San
St.
Minne- Kansas
Cleve- RichPhilaAtlanta Chicago Louis a p o l i s C i t y Dallas Francisco
land mond
delphia
62,a62
25,212
15,515
2,793
1,107
731
2o,ao3
8,596
5,978
2,572
926
535
14,323
1,187
62k
567
329
1
16
6
a55
8
11
198
506
a,oa5
198
3,892
33,073
2,090
a,a5?
1,692
2a,83a
a, 1 7 7
ia,688
817
2,107
1,212
12
17
131
9
199
1,580
15U
23a
90
1,102
106
565
59
99
83
3k
3
7
91
5
275
1,373
132
132
77
1,032
273
555
a5
99
52
a?,301
ia,ea9
i,a58
8,762
l.aai
a25
1,082
5,988
2,385
a83
63
269
23
a
50
322
16,765
2,38a
2,712
1,236
289
612
2,a2i
2,105
aas
78
326
12
22
26
306
22,a90
887
9,117
862
>
238
ai3
150
986
10,598
806
1,007
321
8,a6a
1,209
5,697
187
116
a9o
kik
' I
d
922
2,512
871
Ul6
12
2,293
872
557
8,518
2,807
1,912
2,132
1,029
636
1,180
a35
252
2,ao3
889
580
2,321
1,110
773
6
38
as
1
5
2
a
5
12
98
6,928
1,961
ao7 ' 5,086
17U
ao
617
1*59
88
a
6
1
16
165
720
196
a3a
928
3,061 2,02^ 1,758
533
581
1,359
62
ao
120
1,399
a?3
as
632
3
16
18
175
ea?
253
26
300
668
k
2 Hi
1,509
57
21a
199
153
59
1,95k 1,19U
129
338
551
869
63
8k
liU
lltl
50
70
16
ko
U60
390
5
16
20
219
ass
11
10
28
185
6,19a
2,a6i
282
1,352
30
30
71
693
1,250
1,122
702
3,oa5
»r
t
1*26
5
*
- - -
111
667
56
129
36
aa6
78
2aa
13
86
16
3
———
,
17
30
1,87a
381
51
791
1
15
2a
193
9k
11
12
15?
a
209
967
82
152
72
661
136
a66
30
111
25
21
276
11
219
2,198
150
16
a2
83
3
12
192
1,090
55
230
68
737
121
56a
35
273
1*9
25
63
338
1
ao6
5,087
23a
588
aoi
3,86a
62a
2,067
10a
330
16
22
203
2,250
6
12
128
a
159
1,308
166
272
91
779
206
59k
30
276
27
6
6
62
18
36
65
6
192
1,232
ao
273
69
850
189
a98
aa
166
52
3k
11,012
5,080
V .
783
2,088
a
730
5,161
158
1,000
255
3,751
768
2,018
123
269
20l|
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