View original document

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