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 ) December , 19U6 CONDITION OF WEEKLY REPORtlNO MgMBSR 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 t h e week ended December 2l±: Decreases of $728,000,000 i n h o l d i n g s of U n i t e d S t a t e s Government o b l i g a t i o n s , $h7^,000,000 i n demand d e p o s i t s a d j u s t e d , and $3&3#000,000 i n d e p o s i t s c r e d i t e d t o domestic bt nks• 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 l i n e d $ 1 7 , 0 0 0 , 0 0 0 . 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 i n c r e a s e d $113*000,000. Loans t o banks d e c l i n e d ,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 $325#000,000 i n New York C i t y , $ 5 ^ , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t , and $1^3,000,000 a t a l l r e p o r t i n g member b a n k s . Holdings of 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 i n c r e a s e d $ 1 9 , 0 0 0 , 0 0 0 i n t h e P h i l a d e l p h i a D i s t r i c t , and d e c l i n e d i n a l l o t h e r d i s t r i c t s ; t h e n e t d e c r e a s e was $128,000,000• Holdi n g s of T r e a s u r y n o t e s d e c l i n e d i n a l l d i s t r i c t s , t h e p r i n c i p a l d e c r e a s e s b e i n g $2^,000,000 i n New York C i t y and $10,000,000 i n t h e M i n n e a p o l i s D i s t r i c t . Holdings of Government bonds d e c l i n e d $73#000,000 i n New York City and $ 9 0 , 0 0 0 , 0 0 0 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 l i n e d i n a l l b u t two d i s t r i c t s , t h e p r i n c i p a l d e c r e a s e b e i n g $260,000,000 i n New York C i t y . U n i t e d S t a t e s Government d e p o s i t s i n c r e a s e d $71#000,000. Time d e p o s i t s i n c r e a s e d $ 1 9 , 0 0 0 , 0 0 0 . D e p o s i t s c r e d i t e d t o d o m e s t i c banks d e c l i n e d $233#000,000 i n New York C i t y , $58,000,000 in t h e Chicago D i s t r i c t , and $ 3 2 , 0 0 0 , 0 0 0 in t h e San F r a n c i s c o D i s t r i c t , 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 b a n k s - . f o l l o w s : A S S E T S Increase or d e crease since Dec, Dec. 2 6 , Dec. 1 8 , 2h 191+5 1 191+6 191+6 ( I n m i l l i o n s of d o l l a r s ) Loans and i n v e s t m e n t s - t o t a l 56,173 -692 -11,560 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 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 purchasing 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 o r 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 16,920 10,331+ + 26 - 17 + 1,091 + 3,075 866 579 +113 - 21+ - 1,051 286 700 1+27 1#553 183 - 1,795 5 + Z+OZ + 112 + 579 - 1,107 - 5,932 - 6,009 + 338 59 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(including guaranteed o b l i g a t i o n s ) Other s e c u r i t i e s 3.061+ 26,91+6 3,1+22 - 23 - 3 + 12 - 1+0 + 8 -1+1+3 -128 - 67 - 90 + 10 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 10,1+89 663 2,120 + 20 - 1+7 -106 + 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 F o r e i g n banks Borrowings 1+0,536 10,351+ 1,615 9,21+6 1,272 283 -1+71+ + 19 + 71 -363 - 17 - 16 + 2,980 + 1,027 -1^,530 - 1,1'51 + 110 — 168 2,278 567 5,251+ 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 , d u r i n g week 16,771 - 356 5 296 H.U.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 IEADING CITIES, DECEMBER 2k, 1916 districts 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 , & agr'1 loans Loans t o brokers and dealer* 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 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 STreasury b i l l s Treasury c e r t i f i c a t e s of indebtedness fSreasury notes U.S.bonds(including guaranteed o b l i g a t i o n s ) Other s e c u r i t i e s Reserve wj.th Fbderal Reserve Banks Cash i n v a u l t Balances w i t h domestic banks Other a s s e t s - n e t L I A B I L I T I E S -Bemand d e p o s i t s adjusted Time d e p o s i t s U. S, Government d e p o s i t s Interbank deposits* Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS Debits t o demand deposit accounts, except interbank and U.S.Govt, accounts 56,173 16,920 10,331+ Minne- Kansas Phila- |Cleve-IRich* A t l a n t a ! C h i c a g o ! Lou'a apolis City delphia York ( I n m i l l i o n s of d o l l a r s 1,174 2,121* 879 8,o47 2,793 20,829 2 , 2 9 6 4,601 552 332 731 2,198 657 1,269 6,543 911 188 356 127 1,477 660 385 4,050 583 10 13 25 23 9 61 1 97 30 325 201 851 165 63 32 49 l H4 50 230 122 635 74 79 37 398 1, 222 76 996 449 2,861 1+27 453 24 272 23 402 1,009 71 67 247 84 62 23 41 4 120 31 229 128 805 162 229 62 807 394 4,023 563 33 15 102 2 146 16 93 137 766 136 781 89 200 70 358 41 ill 73 380 31 138 36 1,470 101 379 74 351 25 100 21 16 5 4o 1 80 8 57 90 630 57 212 12 86 16 i,38l 379 70 394 148 ,372 453 50 486 9 3 22 133 5,528 2,009 233 1,574 28 8 58 633 .,149 371 53 612 6 28 13 144 758 232 40 333 2 30 12 93 1,5H 318 63 827 27 262 3,180 1,366 135 501 5 19 43 492 8 11 158 3 2 12 152 2-;i67 199 W 55 2 1,506 573 677 1,102 455 488 2,177 U75 289 5U4 485 1,26)4. 700 427 1,553 183 2,278 567 5,254 3,064 26,91+6 3,422 23 15 90 5 148 33 192 128 1,450 79 183 194 184 160 650 158 1,553 994 10,412 1,169 11 7 46 7 170 63 186 97 1,079 2-lU 206 31 390 220 2,399 292 10,489 663 2,120 1,390 497 65 109 74 4,H6 158 128 339 460 39 92 46 2,320 16,194 2,003 471 567 88 2,918 279 1,123 23 16 157 449 45 2,159 296 1,960 267 71 334 12 8,068 1 4 2 4 700 422 747 6,700 1,891 1,116 65 42 28 14 16,771 1,891 780 511 1 6 47 24 866 579 40,536 10,354 1,615 9,246 1,272 283 2*286 5,243 San Francisco 9 22 101 12 219 35 11 76 l 96 9' 196 10k 1,035 6 10 88 • I » 2 — 2 35 318 46 £ 583