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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) June 22, 1949 CONDITION OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES The condition statement of weekly reporting member banks in leading c i t i e s shows the following p r i n c i p a l changes f o r the week ended June Increases of $520,000,000 in holdings of United States Government s e c u r i t i e s , $35b,00u,uuu in reserve balances with Federal Reserve Banks, $549,000,000 in demand deposits adjusted, and $370,000,000 in demand deposits credited to 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 increased $13,000,000 in the San Francisco D i s t r i c t and decreased by smaller amounts in the other d i s t r i c t s ; net decrease a t a l l reporting member banks was $39,000,000. Loans to brokers an dealers f o r purchasing or carrying s e c u r i t i e s other than United States Governmen s e c u r i t i e s increased $28,000,000 in Chicago, $25,000,000 in New Yor I y, in the Chicago D i s t r i c t , and a t o t a l of $351,000,000 at a l l reporting member banks. Holdings of United States Government bonds increased $64,000,000 in New York City, $31,000,000 in the San Francisco D i s t r i c t , and $25,000,000 in the Boston D i s t r i c t , and a t o t a l of $153,000,000 at a l l reporting member banks. Holdings of other s e c u r i t i e s " increased $29,000,000. . a Demand deposits adjusted increased in a l l d i s t r i c t s ; the p r i n c i p a l inc ea were $362,000,000 in New York City, $45,000,000 in the San Francisco D i s t r i c t , $44,000,000 in the Kansas City D i s t r i c t , and $39,000,000 in the Dallas D i s t r i c t , but they decreased $63,000,000 in the New York D i s t r i c t outside of New York City. United States Government deposits increased $195,000,000. The increase in demand deposits credited t o domestic banks was l a r g e l y i n New York City. A summary of the assets and l i a b i l i t i e s of reporting member banks follows: June 15, 1949 Increase or decrease since June l6, June 8, 1948 1949 •3 ^ "1 "1 a «v»i n ASSETS Loans and investments - t o t a l Loans - net Loans - gross# 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 dealers f o r purchasing or carrying: U. S. Government obligations 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 to 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 notes U. S. bonds Other s e c u r i t i e s Reserve with Federal Reserve Banks Cash in v a u l t Balances with domestic banks L I A B I L I T I E S Demand deposits a d j u s t e d Time deposits except Govt. U. S. Government deposits Interbank demand d e p o s i t s j Domestic banks Foreign banks Borrowings Debits to demand deposit accounts, except interbank and U. S. Govt, accounts, during week #See footnote on following page. Digitized for*June FRASER8 f i g u r e s revised (San Francisco D i s t r i c t ) 62,603 23,23k 23,533 13,385 627 652 4B2 381 248 954 + 687 + 138 + 136 - 39* + 46 + 52 1 + 145 + 183 8 - 2 28 + 73 64 304 + 227 520 351 11 5 153 29 + 383 392 + 292 13,649 761 2,296 + 356 - 24 + 195 + 265 14 171 U6,8iiU 15,310 + 549 + 4 + 195 + 370 - 415 + 448 209 420 a,105 206 3,929 + + + 34,867 2,516 5,396 962 25,993 L,502 + + + + + + 872 8,767 1,311 106 20 , 985 l + - 4o* 11 13 - 16 + 555 -1,451 + 121 - - - 210 381 19 21 Total All districts ASSETS Loans and investments - t o t a l Loans - net# Commercial, industrial, & agr'l loans Loans t o brokers and dealers for purchasing or carrying: U . S . Government obligations Other securities Other loans for purchasing or carrying: U . S . Government obligations Other securities Real estate loans Loans to banks Other loans U. S. Government securities-total Treasury b i l l s Treasury c e r t i f i c a t e s of indebtedness Treasury notes U. S. bonds Other securities Reserve with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net LIABILITIES Demand deposits adjusted Time deposits except Govt. U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS Debits to demand deposit accounts, except interbank and 0 . S. Govt, accounts #See forfootnote on previous page. Digitized FRASER Boston | » £ k F e d e r a 1 R e s es r v e D i s t r i c t Cleve-I Rich- Atlanta 0 h i o a <H k L K S b land 1 mond Z T v"» win T i n z-\V i n 2,473 800 357 832 2,812 20,794 967 7,872 612 5,106 2,528 585 495 1 23 19 17 1 7 209 420 4,105 206 3,929 34,867 2,516 5,396 962 25,993 4,502 13,649 761 2,296 1,117 67 3 11 7 181 15 91 408 134 177 3 3 277 962 197 1,681 11,620 1,368 107 78 1,211 123 302 1,552 30 158 39 1,262 8,699 1,108 300 164 1,302 510 5,386 553 155 43 58 116 116 112 52 432 75 32 21 279 46,844 15,310 872 8,767 1,311 106 1,101 6,115 2,408 16,910 2,039 448 478 2,486 36 281 32 357 284 2,969 10 30 1,112 22 6 23 26 636 50 311 322 2,466 62,603 23,234 13,385 627 652 20,985 5 8 778 9,306 465 671 4,303 r\" 1 2,277 800 496 San Francisco OVKS X 8,665 2,048 1,155 2,355 2,235 10,958 823 1,024 4,900 393 696 2,014 509 203 1,618 865 477 7 11 63 1 5 2 13 19 193 2 216 1,536 80 194 41 1,221 137 519 63 171 49 14 26 67 6 195 1,273 55 276 36 906 204 458 39 189 51 21 57 338 14 405 5,495 469 771 233 4,022 674 1,877 97 335 81 10 11 164 6 5 65 3,033 2,005 600 1,381 67 47 366 430 6 5 10 5 21 41 225 466 1,760 546 28 455 11 6,063 2,589 166 1,375 51 28 mmrnm 252 2,520 62 257 97 2,104 349 824 81 163 62 1,172 737 — 26 188 662 — 207 1,045 48 199 48 750 138 413 28 116 26 — —— 118 665 48 142 19 456 97 232 13 91 14 4 « >11 6 6 14 38 11 87 130 1 — 167 193 1,321 1,090 48 137 283 307 71 39 720 806 121 211 513 531 31 33 298 279 26 52 12 29 2,149 6,626 5,219 114 461 76 5 178 739 647 2,448 64 719 2 16 178 835 1,860 1,930 383 441 253 30 15 34 508 728 284 5 1 2 —— 1 4 15 13 15 202 199 100 2,892 567 372 1,375 486 22 550 2 4 15 733 — 740 5,253 173 990 151 3,939 805 1,833 120 310 197
@FedFRASER