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 Release) January 7, 19U§ CONDITION OF TiEEKLY REPORTING MEMBER BANKS IN LEADING CITIES Y ' '• I • ' "• ' " ' "F Thq c o n d i t i o n statement of weekly reporting member banks i n leading c i t i e s afypws 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 December 31$ Decreases pf $393,000,000 i n loans and $528,000,000 i n holdings of United S t a t e s Government t e n d s , and i n c r e a s e s of $1*36,000,000 i n reserve balances w i t h Federal Reserve Banks and $158,000,000 i n demand d e p o s i t s c r e d i t e d t o domestic banks. 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 $77,000,000 i n New York C i t y , .$16,000,000 i n the S t . Louis D i s t r i c t , and $71,000,000 a t a l l reporting member banks. Loans t o brokers and d e a l e r s f o r purchasing or carrying United S t a t e s Government s e c u r i t i e s decreased $115,000,000. Loans t o brokers and d e a l e r s f o r purchasing or carrying other s e c u r i t i e s decreased $11*2,000,000. Holdings of Treasury b i l l s increased $265,000#000 i n New York C i t y and $231,000,000 a t a l l r e p o r t i n g member banks. Holdings of Treasury c e r t i f i c a t e s of indebtedness and Treasury notes increased $75,000,000 and $ 8 3 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y . Holdings of United S t a t e s Government bonds decreased i n n e a r l y a l l d i s t r i c t s , the p r i n c i p a l decreases being $35^,000,000 i n New York C i t y , $1*1,000,000 i n the Boston D i s t r i c t , and $ 3 1 , 0 0 0 , 0 0 0 i n the San Francisco D i s t r i c t . Demand d e p o s i t s adjusted decreased $122,000,000 in New York C i t y , $50,000,000 i n the San Francisco D i s t r i c t , and $192,000,000 a t a l l r e p o r t i n g member banks, and increased $1*8,000,000 i n the Cleveland D i s t r i c t , Time d e p o s i t s increased $108,000,000. United S t a t e s Government d e p o s i t s increased $21*9,000,000. Demand d e p o s i t s c r e d i t e d t o domestic banks increased i n n e a r l y a l l d i s t r i c t s , the p r i n c i p a l i n c r e a s e s b e i n g $ 2 0 2 , 0 0 0 , 0 0 0 i n New York City and $56,000,000 i n the Dallas D i s t r i c t . Borrowings decreased $138,000,000 i n New York C i t y , $21*,000,000 i n the Cleveland D i s t r i c t , $18,000,000 i n t h e S t . Louis D i s t r i c t , and $261,000,000 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 j H Increase or decrease s i n c e Dec. 31, Dec. 'dlf., I9h6 I9h7 A S S E T S 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 , 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 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 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 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 with Federal 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 adjusted 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 accounts, except interbank and U . S . Goyt, accounts, during week Digitized for *Deo, FRASER 21* f i g u r e s r e v i s e d (Cleveland D i s t r i c t ) Dec. 31, I9hl ( I n m i l l i o n s of d o l l a r s ) + 362 61*, 816 - 189 +3,912 - 393 23,329 +3,312 - 71* 11,658 - 115 - 11*2 + 376 5lU 3,1*60 106 3,131 1,530 3,338 2,851 29,505 l*,26o + + + + + + + 28 21* lh 87 12* 231 75 83 528 1*3 - 377 + 11 + 970 + 3k + 61*9 + 568 -2,961 - . 561* - 869 + 276 13,138 826 2,69b + 1*36 + 11 + 307 +1,505 + 1*5 + 239 18,685 lit, 569 872 10,251 1,353 37 + + + - +2,103 + 539 -1,130 + 360 • 27 + 30 292 U92 192 108 21*9 158 . 1* 261 712 25 2 2 , 6 9 2 (Revised f i g u r e pre vious week 2 3 ,6 88) •-4.2(a) ASSETS AND LIABILITIES OF T1EEKLY REPORTING MEMBER BANKS IN LEADING CITIES, DECEMBER 51, I9U7 Total F e d e r a 1 Res e r v e D i s t r i c t New P h i l a - C leve— RichAll St. Minne- Kansas d i s t r i c t s Boston York d e l p h i a land mond Atlanta Chicago Louis a p o l i s C i t y Dallas ASSETS 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 , & a g r f 1 loans Loans t o brokers and d e a l e r s 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 c a r r y i n g : U« S e 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 Treasury b i l l s Creasury c e r t i f i c a t e s of indebtedness Treasury n o t e s T J. S + bonds Other s e c u r i t i e s Reserve w i t h Federal Reserve Banks Cash i n v a u l t Balances w i t h domestic banks Other a s s e t s - net L I A B I L I T I E S Demand d e p o s i t s adjusted Time d e p o s i t s except Govt# U« S. Government d e p o s i t s Interbank demand depositsjDomestic banks Foreign banks Borrowings 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 22,692 61*, 816 23,329 14,658 2, Bit 8 2 2 , 1 6 9 2,582 1,082 7 , 7 8 1 864 512 731 5,679 ( I n m i l l i o n s of d o l l a r s ) 4,292 2+547 2 , 3 6 5 8,845 2,728 803 1*149 847 882 1,872 388 524 26 18 • 1 6 w * 376 514 3,It 60 106 3,lt3l 1,530 3,338 2,85b 29,505 It,260 13,138 826 2,69k 1,031 68 17 6 64 16 11 225 14 226 111* 275 78 1 1 it 91 218 178 231 892 52 981 31 59 178 652 113 104 116 182 623 87 1,331 10,726 1,189 2,207 270 89 l , 4 o 6 319 521+ lt,8it6 510 874 63 I89 41 84 121 Ikl 169 159 62 70 378 56 30 22 171 2 183 10 147 111 1,356 12o 520 65 190 53 31 37 68 4 175 17 175 lit 5 994 187 478 45 199 51 18,685 1^,569 872 10,251 1,353 37 911 5,82.7 2,it 18 17,810 2 , 1 3 6 491 2 , 2 1 5 399 30it 38 35 310 3,308 394 21 1,198 13 30 3 481 29 55 301 313 2 , 3 9 5 2 , 0 5 1 1,774 551 596 26 51 ii38 578 8 8 — — 1 20 26 210 175 292 1+92 12 10 210 341 868 10,664 3 22 833 3,100 1,325 59 U92 6 — • •» 32 467 1,239 669 980 608 1,184 418 254 38 40 1 5 39 74 310 355 198 454 510 1,351 604 1,757 101 1*44 75 23 18 Iit3 l 181 14 80 102 826 142 hhe 30 14 0 24 90 10 4o 65 581 70 232 13 11*4 14 6,291 2,137 155 1,589 26 1,372 i+72 27 727 4 869 252 17 34o 2 8 644 2, lii4 «» — tm •» 2,383 804 530 2,252 1,025 711 San Francis 11,205 4,548 1,967 3 4 7 1 28 12 5 54 15 11 111 133 51 233 188 907 200 550 29 3lt0 26 29 4o 77 1 160 6 156 110 846 109 517 33 323 43 42 41 1,833 1 635 101 1,006 615 4,191 7it4 1,882 133 324 179 1,840 386 31 875 1 1,853 378 31 702 5 mm •» - mm — m> * mm • — — 15 169 10 97 12 183 14 185 7,171 5,067 98 498 61 3 160 665 577 352 700 708 2,413 — — «•» 57 667 3,025 «• «•
@FedFRASER