Full text of H.4.2 Weekly Consolidated Condition Report of Large Commercial Banks in the United States : December 8, 1948

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

BOARD CF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate R e l e a s e )
December 8, 1948
CONDITION QF 7<BBKLY REPORTING MBiviBER 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 leading 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 the week ended December Is Decreases
of §>120,000,000 i n loans and $2X6,000,000 i n borrowings, and an i n c r e a s e of
$243,000,000 i n demand d e p o s i t s c r e d i t e d t o domestic banks.
C o m m e r c i a l , 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 $22,000,000 i n New
York C i t y , and £18,000,000 a t a l l r e p o r t i n g member banks and i n c r e a s e d $11;,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 . Loans 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 decreased $156,000,000, l a r g e l y i n New York C i t y .
Holdings of Treasury b i l l s i n c r e a s e d $73*000,000 i n t h e Chicago D i s t r i c t ,
$39,000,000 i n New York C i t y , $28,000,000 i n t h e Richmond D i s t r i c t , and
$16,000,000 a t a l l r e p o r t i n g member banks and decreased $69,000,000 i n t h e Kansas
C i t y D i s t r i c t . Other h o l d i n g s of s e c u r i t i e s showed l i t t l e change,
Demand d e p o s i t s a d j u s t e d i n c r e a s e d i n s i x d i s t r i c t s and decreased i n t h e other
s i x , and t h e n e t i n c r e a s e a t a l l r e p o r t i n g member banks was $40,000,000# t h e p r i n c i p a l changes were i n c r e a s e s of $66,000,000 i n New York C i t y , $55,000,000 i n San
Francisco D i s t r i c t and $41,000,000 i n t h e Richmond D i s t r i c t and a d e c r e a s e of
$125,000,000 i n t h e Kansas C i t y D i s t r i c t , Time d e p o s i t s decreased $17,000,000
i n the San F r a n c i s c o D i s t r i c t and $53,000,000 a t a l l r e p o r t i n g member banks. United
S t a t e s Government d e p o s i t s decreased $110,000,000. 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 yl6L,000,000 i n New York C i t y and $61,000,000 i n t h e
Chicago D i s t r i c t .
Borrowings decreased i n most of t h e d i s t r i c t ; t h e p r i n c i p a l decrease was
$241,000,000 i n New York C i t 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 follows $
H f 4«2

Dec,
1,

1948

ASSETS
Loans and investments - 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 loans
Loans t o brokers 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 loans 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 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 n o t e s 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 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
Interbank demand d e p o s i t s : Domestic banks
Foreign banks
Borrowings
Debits t o demand d e p o s i t a c c o u n t s , 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
#See f o o t n o t e on f o l l o w i n g page.




I n c r e a s e or
decrease since
Nov. 24, Dec. 3,

1948

1947

( I n m i l l i o n s of d o l l a r s )

62,330
25,092
25,3^
15,527

-132
-120
-119
- 18

-2,697
+1,863
+1,988
+1,090

507
167

-117
+ 12

+
+

198

U75
4,o44
218
3,908

33,075
2,106
4,458
1,688

21,823
4,163
lit, 574
812

2,185
47,341
14,796
1,348
9,005
1,415
149
20,62$

+
+
+
+
+
-

31
1
20
16
2
16
1
4

31
34

- 256
37
+ 644
12
+ 484
-4,485
+1,158

- 14

+1,167
-1,159
-5,651
75

-114

+2,161

- 5
+ 78

-

+ 4o
- 53

- 906
+ 360

- 11

-110
+243
- 6

-276

6
149

+ 526
- 697
+ 37
- 154

ASSETS AND LIABILITIES OF V3BBKLY REPORTING MEMBER BANKS IN LEADING CITIES, DECEMBER 1, lgl*8
F e d e r a l R e s e r v e D s t r i c~t"
Total
nne- Kansas Dallas San
New Phila- Cleve-IHich- Atlanta Chicago ~5t.
All
Boston York
Francisco
olis City
Louie
delphia land I mond
districts
(In millions of dollars)
ASSETS
11,011
183 2,321 2,318
8,582 2 , i k o
Loans and investments - total
62,330 2,766 20,327 2>5t*9 4 , 3 0 9 2,53l* 2,287
5,098
891 1,110
1*38
872
2,793 1,027
875
920 1,1*9**
8,1*69
25,092 1,105
Loans - net#
2,26k
582
773
253
633
1,91k
1*15
553
Commercial, industrial, & agr' 1 loans
917
5,951*
533
736
15,527
Loans to brokers and dealers for
purchasing or carrying:
2
3
17
l
1*67
10
U. S. Government obligations
.7
507
12
2
5
5
5
5U
ll*
15
8
336
Other securities
1*67
Other loans for purchasing or carrying:
16
16
6
6
11
25
16
17
12
33
U» S. Government obligations
3
37
198
1*2
12
30
13
5
63
21
23
37
8
203
18
Other securities
1*7 5
2,088
88
62
127
2
d
*
159
338
65
276
1*12
91
131*
l*,0l*t*
Real estate loans
2
5
2
1*
6
21
1*
168
218
3
Loans to banks
3
161
192
111;
73b
208
1
*
0
6
2
1
3
195
2
1
9
271*
201
991
3,908
Other loans
5,ll9
665 1,227 1,087
5,162
978
10,651 1,359 2,1*80 i,532 1,227
U.S. Government securities - total
33,075 1,558
ll*5
52
97
55
90
307
38
121*
85
133
8W*
2,106
136
Treasury b i l l s
1,002
2
3
0
2
6
9
1
3
2
152
581*
271
122
237
197
1,032
230
Treasury certificates of indebtedness
1*,1*58
258
67
87
1*13
33
73
152
69
81
57
308
1,688
Treasury notes
90
3,71*1*
738
1*1*5
771
663
3,858
81*9
8,1*67 1,032 1,958 1,193
21*, 823 1,102
U. S. bonds
121
206
16k
80
627
188
135
127
270
1,207
335
103
4,163
Other securities
2,011
21*6
550
1*68
531*
2,036
1*81
866
51*1
5,721*
51*5
Reserve with Federal Reserve Banks
572
11*, 571*
127
28
32
12
10I*
1*2
29
61*
87
176
1*7
61*
812
Cash in vault
2
78
263
293
116
90
185
151
152
333
10I*
122
Balances with domestic banks
2,185
98
216
28
16
26
50
101
1*8
51*
52
Other assets - net
1,260
73
87
509
LIABILITIES
6,983
851 1,71*9 1,972
6,173 1,1*10
Demand deposits adjusted
l+7,3Ul 2,376 16,81*7 2,105 3,055 2,065 1,755
1*06
5,069
2,1*61
1*68
253
379
532
1
*
1
*
0
576
2,372
1,357
Time deposits except Govt.
1*83
11*, 796
21
153
51
35
50
2
9
8
1*22
56
115
37
58
U.S. Government deposits
1,31*8
52
1*51
6
1
3
781*
6
1
*
2
300
1,1*13
1*92
1*1*6
380
2,880
Interbank demand deposits $Domestic banks
331
273
9,005
85
2
1
2
5
12
29
22
Foreign banks
13
1,231*
5
5
1,1*15
8
6
7
6
13
17
2
17
7
19
1*7
Borrowings
11*9
1
6
6
1
6
1
7
lit
19
18
1*1
69
29
621
25
Other l i a b i l i t i e s
56
1,091
728
1
9
2
1
9
5
221
98
1
8
6
175
6
9
6
1*61
306
CAPITAL ACCOUNTS
2,1*35
6i0l6
323

H.I*.2(a)

—— —

www

Debits to demand deposit accounts, except
interbank and U.S.Govt, accounts
#See footnote oft previous page.


"
*
*


•

1

20,623
*

,

771*
*r

8,798
4

730 1,179
•

i

666

660

2,931*

595

81*3

367
/

661*

2,1*13