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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
( F o r Immediate R e l e a s e )
J a n u a r y 21, I9J4.8

H.4.2

CONDITION OF MEEKLY REfpRTING MEMBER 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 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 J a n u a r y lU< I n c r e a s e s of
$ 3 2 5 , 0 0 0 , 0 0 0 i n r e s e r v e b a l a n c e s w i t h F e d e r a l Reserve Banks and $ 3 4 3 , 0 0 0 , 0 0 0 i n
demand d e p o s i t s a d j u s t e d .
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 i n c r e a s e d i n n e a r l y a l l d i s t r i c t s and t h e t o t a l i n c r e a s e a t a l l r e p o r t i n g member b a n k s was $ 5 2 , 0 0 0 , 0 0 0 . Loans
f o r p u r c h a s i n g o r c a r r y i n g U n i t e d S t a t e s Government and o t h e r s e c u r i t i e s d e c r e a s e d
$ 9 2 , 0 0 0 , 0 0 0 . Real e s t a t e l o a n s and " o t h e r l o a n s " i n c r e a s e d $ 2 1 , 0 0 0 , 0 0 0 and
$30,000,000, r e s p e c t i v e l y .
Holdings of T r e a s u r y b i l l s d e c r e a s e d $ 2 3 5 , 0 0 0 , 0 0 0 i n New York C i t y and i n c r e a s e d
i n n e a r l y a l l o t h e r d i s t r i c t s ; t h e r e was a n e t i n c r e a s e of $29*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 d e c r e a s e d
$ 5 8 , 0 0 0 , 0 0 0 i n t h e C i t y of Chicago and $ $ 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 .
Holdings of T r e a s u r y n o t e s and of United S t a t e s Government bonds d e c r e a s e d
$ 1 8 , 0 0 0 , 0 0 0 and $ 6 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y .
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 n e a r l y a l l d i s t r i c t s , t h e p r i n c i p a l i n c r e a s e s b e i n g $ 9 7 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t , $ 5 5 , 0 0 0 , 0 0 0 i n New York C i t y ,
$ 5 4 , 0 0 0 , 0 0 0 i n t h e Boston D i s t r i c t , &nd $lt 1 , 0 0 0 , 0 0 0 i n t h e D a l l a s D i s t r i c t , United
S t a t e s Government d e p o s i t s d e c r e a s e d $1*8,000,000.
Borrowings d e c r e a s e d $ 2 4 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t , $ 2 3 , 0 0 0 , 0 0 0 i n Few
York C i t y , and $ 3 8 , 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 .
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 :
Jan.
14,
W
A S S E T S

I n c r e a s e or
decrease since
J a n . 7,
J a n . 15,
1948
1947

( 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

65,088

-

54

+ 646

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
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 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 l o a n s
Loans t o banks
Other l o a n s

23,243
11,689

+
+

14
52*

+4,025
+3,252

181
426

-

64
16

-

337
505
3,U93
11*7
3,465

-

16
4
21
3
30*

-

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

2,060
3,327
2,808
29,392
1,258

-

29
60
18
6
13

+ 927
-2,973
- 599
-1,039
+ 305

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

13,051
842
2,551

-

+325
3
15

+1,166
+
86
19

48,963
14,553
597
10,292
1,351
90

+343
8
- 48
+
7
+ 5
- 38

+2,133
+ 497
-1,073

-

+

+
+
+
+
-

-

546
-

+
+
+

-

344
8
964
36
671

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 e x c e p t Govt,
U. S, Government d e p o s i t s
I n t e r b a n k demand d e p o s i t s t Domestic banks
F o r e i g n banks
Borrowings

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
20,665
• J a n , 7 f i g u r e s r e v i s e d (New York D i s t r i c t )



+

59

+
-

13
13

ASSETS AMD LIABILITIES OF l.EEKLY REPORTING MEMBER BANKS' IN LEADING CITIES,"JANUARY ll*, 191*8
e d e r a l
R e s e r v e
D i s t r i c t
Total
S
t
.
Minne- Kansas
R
i
c
h
New
P
h
i
l
a
ICleveAll
A t l a n t a Chicago
Boston
apolis City
Louis
mond
d
e
l
p
h
i
a
;
land
York
districts
' I n m i l l i o n s of d o l l a r s )
A S S E T S
Loans and i n v e s t m e n t s - t o t a l
65,088
2,881 22,026 2 , 5 6 b 1 , 3 1 5 2 , 5 8 3 2 , 3 7 6 8 , 9 2 1 2 , 1 8 6 1,207 2,1*36
812
1*21
981
2,705
862 1,1*1*8
803
847
1,085 7,696
Loans - t o t a l
23,21*5
251*
1,868
607
536
Commercial, i n d u s t r i a l , & agr* 1 l o a n s
ll*,689
5ll*
890
529
387
735 5,669
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 :
2
20
U. S . Government o b l i g a t i o n s
20
127
181
3
7
2
it
6
8
Other s e c u r i t i e s
5
15
1*26
39
8
301
19
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 :
12
12
21
U. S . Government o b l i g a t i o n s
28
36
29
6
61
15
57
337
12
22
Other s e c u r i t i e s
15
11
220
36
5
Ik
16
15
505
112
11*1*
311
Real e s t a t e loans
55
69
116
76
233
279
m
3,1*93
— —
—
l
2
Loans t o banks
l
l
126
3
5
11*7
k
136
181*
18i+
171
•Other l o a n s
93
217
356
232
181*
913
3,1*65
83
18
5h
33
389
Treasury b i l l s
30
2,060
51*
65
63 1,079
21*1
1*0
8
8
.
192
102
156
385
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
105
619
191
3,327
206
66
101
li-t-8
508
109
170
121
Treasury notes
78
2,808
573
817
576
895
98l*
1*,337
U» S . bonds
29,392
1,331* 10,61*3 1 , 2 0 0 2 , 2 0 6 1 , 3 6 5
71
11*5
199
120
187
268
321
Other s e c u r i t i e s
597
It,258
90 1,1*16
218
522
1*21
1,732
821
516
526
W5
Reserve w i t h F e d e r a l Reserve Banks
13,051
559 it,882
31
13
108
31
66
1*5
181*
81*2
1*5
Cash i n v a u l t
89
63
105
130
181*
337
382
217
181
110
126
11*8
B a l a n c e s w i t h d o m e s t i c banks
2,551
26
lit
23
62
78
52
50
Other a s s e t s - n e t
1,01*2
80
382
56
L I A B I L I T I E S
820 1,817
2 , 1 1 2 1,788
6 , 2 9 6 1,371
Demand d e p o s i t s a d j u s t e d
2,1*83 17,881* 2,161*
1*8,963
1*72
387
.253
600
2
,
4
3
7
2,201*
5hS
Time d e p o s i t s e x c e p t Govt.
389
1*95
il*, 553
ll*
31
21
13
1*2
2
6
1*0
U. S. Government d e p o s i t s
21*
97
187
597
362
917
1.633
kyi
739
I n t e r b a n k demand d e p o s i t s ; D o m e s t i c banks 10,292
569
507
3,231*
379
319
1
2
26
12
6
8
Foreign banks
6
h
20 1,200
1,351
— —
1*
2
8
1*
5
Borrowings
1*6
I
6
5
90
12
10
16
60
23
2 1*
Other l i a b i l i t i e s
27
1*71
51
33
902
183
661*
168
9
6
211
176
CAPITAL ACCOUNTS
300
311* 2 , 3 9 6
5,826

H.i*.2(a)

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 . G o v t , a c c o u n t s
20,665



•

799

8,690

73U i,ol*5

=

671

*

772

"

2,913

*

606

:

=

1*59

'

772

Dallas

San
Francisc-

2,291
1,033
722

11,299
1*,550
1*978

7

12

25
1*0
78
1
160

hk

35
39
1,81*6
3
635
180
1,031*
609
1**195
731
1,859
133
325
175

1,906
378
25
668
5
1
13
189

7,216
5,076
77
528
61
2
162
669

61*5

2,559

2

12

nk

119
81*0
113
510
32*
306