The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OP GOVERNORS OF THE FEDERAL RESERVE SYSTEM H,l+.2 ( F o r Immediate Release) June 10, I9I+7 CONDITION OF WEEKLY REPORTING 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 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 the week ended June in Decreases of $636,000,000 i n h o l d i n g s of United S t a t e s Government o b l i g a t i o n s and $720,000,000 i n United S t a t e s Government d e p o s i t s , and an i n c r e a s e of $2)7,000,000 i n demand deposits adjusted. 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 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 decrease a t a l l r e p o r t i n g member banks was $1+1+,000,000. 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 United S t a t e s Government secur i t i e s i n c r e a s e d $50,000,000* Loans t o brokers and d e a l e r s f o r purchasing or c a r r y ing other s e c u r i t i e s increased i n nearly a l l d i s t r i c t s , the p r i n c i p a l increases being $83,000,000 i n t h e Chicago D i s t r i c t and $71,000,000 i n New York C i t y ; the 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 $175,000,000. Holdings of Treasury c e r t i f i c a t e s of indebtedness decreased $178,000,000 i n New York C i t y , $87,000,000 i n t h e Chicago D i s t r i c t , and $328,000,000 a t a l l r e p o r t i n g member banks, r e f l e c t i n g t h e p a r t i a l redemption of a maturing s e r i e s . Holdings of Treasury b i l l s decreased $11+6,000,000 i n t h e Chicago D i s t r i c t , $55,000,000 i n t h e San F r a n c i s c o D i s t r i c t , $50,000,000 i n New York C i t y , and $532,000,000 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 i n c r e a s e d $118,000,000 i n t h e Boston D i s t r i c t , $105,000,000 i n New York C i t y , $1+2,000,000 i n the Cleveland D i s t r i c t , and $237,000,000 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 dec r e a s e d i n a l l d i s t r i c t s . 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 $161*, 000,000. Borrowings i n c r e a s e d $1+2,000,000 i n New York C i t y and $77,000,000 a t a l l r e p o r t i n g member b a n k s . A summary of the 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 * I n c r e a s e or decrease s i n c e June 5, May 28, 191*6 I9h7 ASSETS Loans and investments - t o t a l Loans - t o t a l 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 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 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 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 June u, w ( I n m i l l i o n s of d o l l a r s ) -8,725 3k,606 - 318 •2,1+96 17,238 + 21*6 t3,l6l 10,630 bh 765 536 50 + + 175 1+71+ 1+08 1,71+2 232 + 2,1+51 + 2 3 - 511+ 208 51 19 332 328 9 15 72 -1,155 1+0 + 503 + 152 + 597 - 812 -5,972 -l+,3hh - 251 + 158 -- 393 3,855 2,369 23,226 3,525 - 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 10,134 619 2,033 + 170 37 1 - 61 + 39 -•> .85 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 Foreign banks Borrowings 1+0,139 10,739 386 8,501 1,279 229 + 237 + 668 + 675 -9,736 - 851 + 1+9 + 56 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. Gevt, a c c o u n t s , d u r i n g week 15,832 • + + + - — - 720 + 16h + k + 77 H.iu2( a ) ASSETS AND LIABILITIES OP WEEKLY REPORTING MEMBER Total All Boston New P h i l a districts York de Iphia ASSETS Loans and investments - t o t a l Loans - t o t a l C o m m e r c i a l , i n d u s t r i a l , & a g r ' l loans 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 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 Treasury b i l l s Treasury 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 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 Other a s s e t s - n e t L I A B I L I T I E S 5k,606 2,783 17,238. 902 10,630 550 20,191 6,1*92 1,188 30 H* 62*1 313 765 536 ' 1*71* 1*08 1,71*2 232 2,1*51 393 3,855 2,369 27,226 3,525 10,13k 619 2,033 1,1*52 BANKS IN 101 LEADING CITIES, JUNE k., l9hT F e d e r a l R e s e r v e Di s t r i San Minne- Kansas D a l l a s Cleve- Rich- A t l a n t a Chicago S t . F r ancisco a p o l i s C i t y Louis land mond ( I n m i l l i o n s of d o l l a r s ) 8,072 2,H*7 1*,562 1,813 1,889 2,381 1*90 571 697 1,337 1*12 721 250 1,557 330 ——— 19 18 21* 12 108 85 17 175 7 190 235 53 9b 6 26 17 173 220 188 701* 155 22 79 39 9 116 228 902 199 11*0 866 86 1*7 1,1*1*6 10,639 1,075 2 , 5 2 6 321 203 1,213 99 1*11* 772 502 3,973 86 11*1* 33 59 80 10k 109 179 381* 1*9 79 73 19 H* —— 6 22 15 86 2 109 15 167 62 995 89 31*1 1*0 116 73 1 5 1*7 21* 1*6 1* ill* 16 231 109 801 161 360 32 H*1 36 61* 110 1,009 682 380 2 6 22 1U 112 • — —— 2 11*1* 272 16 56 639 78 121 329 1,083 776 136 585 1,505 323 21* 9l* 106 391 23 87 50 63 265 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 I n t e r b a n k demand d e p o s i t s * Domestic banks F o r e i g n banks Borrowings » Other l i a b i l i t i e s CAPITAL ACCOUNTS 1*0,139 2,362 15,898 1,811 3,207 1,385 1,1*01* 2,01*2 1*81 298 1,1*31 39l* 1*63 10,739 11* 8 123 19 31* 386 38 1*13 2,811* 327 266 1*51* 305 8,501 1* 20 10 7 1,11*3 5 1,279 1* 12 11*9 229 5 k 5 101 17 1*1 23 1*5 2,21*5 1*1*5 152 136 26b 2,187 1*98 301 5,326 5,720 2,116 53 1,523 29 15 52 6t|l 1,190 386 11* 513 7 15 11* U4.6 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 15,832 1*05 " 395 2,62k 1*1*5 770 7,31*1 537 993 1,092 2,051 31*1 565 192 368 1,830 735 1*91 6,362 2,045 1,191 3 1* 6 9 26 11 6 1*6 16 9 68 33 35 61 l 108 36 211 110 61*8 90 1*9 29 1*86 1 251* 63 782 293 2,777 1*02 399 27 229 36 921 1*6 259 573 12 11 163 1,532 333 15 1*68 3 2 12 156 3,Uoo 2,227 38 386 1*9 1 1,1*72 588 512 387 1,127 — —— —— - - - —— 83 5 35 69 581 61 100 37 268 137 879 165 1*29 23 236 23 195 11 83 16 739 2k0 9 296 2 5 12 91* 296 1,1*91 328 21 736 —— —