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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate Release)
June 8, 1949
H.4.2
CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES
. The condition statement of weekly reporting member banks in leading cities
Bhms the following principal changes for the week ended June 1, 19U9i uecieas
of Sl52.000.000 in commercial, industrial, and agricultural loans, $110,000,UUV
in holdings of United States Government securities, and $296,000,000 in United
States Government deposits, and an increase of $340,000,000 in demand deposits
credited to domestic banks•
>
Commercial, industrial, and agricultural loans decreased in nearly all districts; the principal decreases were $1*3,000,000 in New York City, ^23,000,000 in
the Chicago District, $21,000,000 in the San Francisco District, and $16,000,uuu
in the St. Louis District. Loans to brokers and dealers for purchasing or carrying United States Government and other securities increased $184,000,000, large y
in New York City.
, ,
Increases in holdings of Treasury certificates of indebtedness and decrease
in holdings of United States Government bonds occurred in all districts, partially
reflecting the exchange of maturing bonds for a new certificate issue. Holdings o
Treasury bills decreased $$1,000,000 in the Chicago District, $41,000,000 in New
York City, and a total of $98,000,000 at all reporting member banks. Holdings ol
"other securities" increased $53,000,000.
Demand deposits adjusted decreased $80,000,000 in New York City, $39,000/00
in the Chicago District outside of Chicago, and $30,000,000 in the St. Louis ^
District, and increased $$1,000,000 in Chicago, $39,000,000 in the New York District outside of New York City, and $35,000,000 in the San Francisco District;
©
net decrease at all reporting member banks was $19,000,000.
A summary of the assets and liabilitj.es of reporting member banks follows:
June
1#
1949
A S S E T S
Loans and investments - total
Loans - net
Loans - gross#
Commercial, industrial, and agricultural loans
Loans to 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
62,336
Increase or
decrease since
Jum 2,
May 25,
1918
j-m
\
+ 55
600
23,811
24,111
13,476
+ 112
+ 114
- 152
+
+
290
424.
731
1,058
+ 166
+
18
+
+
414
206
199
h29
4,092
333
3,904
+
+
l
8
9
49
33
+
+
+
80
66
324
114
243
620
-1,183
+ 119
+ 345
-1,364
- 283
+ 293
U. S. Government securities - total
Treasury bills
Treasury certificates of indebtedness
Treasury notes
U. S. bonds
Other securities
34,035
2,105
5,225
971
25,734
4,490
110
98
+ 229
—
2
—
239
+ 53
Reserve with Federal Reserve Banks
Cash in vault
Balances with domestic banks
L I A B I L I T I E S
Denand deposits adjusted
Tine deposits except Govt.
U. S. Government deposits
Interbank demand depositsj Domestic banks
Foreign banks
Borrowings
13,243
749
2,099
+
54
-
39
50
+
-
607
15
170
19
19
—
296
+ 340
+ 28
+ 56
+
+
+
282
470
438
314
20
152
Debits to demand deposit accounts, except interbank
and U. S. Govt, accounts, during week
#See footnote on following page.
Digitized for*May
FRASER25 figures revised (San Francisco District)
46,364
15,297
891
8,258
1,330
286
—
+
+
18,120 (Revised figure
previous week 19^419)
All
districts
Boston
New
York
62,336
23,811
13,476
2,826
1,013
623
20,666
8,339
5,123
1,058
620
15
7
985
494
199
429
4,092
333
3,904
11
16
130
34
196
58
191
404
229
964
U . S . Government securities-total
Treasury bills
Treasury certificates of indebtedness
Treasury notes
U. S. bonds
Other securities
34,035
2,105
5,225
971
25,734
4,490
1,658
85
300
42
1,231
155
11,048
876
Reserve with Federal Reserve Banks
Cash in vault
Balances with domestic banks
Other assets - net
L I A B I L I T I E S
Demand deposits adjusted
Time deposits except Govt.
U. S. Government deposits
Interbank demand deposits: Domestic banks
Foreign banks
Borrowings
Other liabilities
CAPITAL ACCOUNTS
13,243
749
2,099
1,201
515
54
95
80
5,121
157
129
A S S E T S
Loans and investments - total
Loans - net#
Commercial, industrial, & agr'l loans
Loans to 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
Debits to demand deposit accounts, except
interbank and U* S. Govt, accounts
#See
footnote on previous page.
46,364
15,297
891
8,258
1,330
286
1,084
6,118
18,120
Phila- Cleve- Rich- Atlanta Chicago
mond
delphia land
[In millions of dollars
St.
Louis
San
Minne- Kansas | D a l l a s
Franciscc
apolis City {
803
500
8,653
2,501
1,625
2,039
885
492
1,164
398
203
2,365
823
512
2,229
1,036
709
10,852
4,883
2,003
6
7
40
36
1
5
2
4
6
4
15
32
21
279
14
243
13
20
193
2
217
14
26
68
5
194
21
57
337
19
397
10
11
164
7
205
6
5
64
7
117
6
12
129
1
164
13
37
87
1,319 2,527
87
77
256
118
1,441
97
27
149
2,087
1,097
8,582
345
301
1,279
1,518
69
182
40
1,227
136
1,267
61
263
36
907
196
5,436
4,016
716
1,017
48
179
50
740
137
795
80
142
69
495
61
153
47
471
37
162
54
1,871
97
327
97
392
28
111
26
2,368 16,618 2,012 2,995
451 1,386
2,480
476
71
320
33
29
420
337
2,693
291
11
5
1,130
32
15
190
4
4
40
25
634
49
467
312
2,474
321
1,986
600
42
337
5
6
19
224
1,753
546
27
435
10
5
25
189
6,097
2,586
163
49
42
65
715
1,358
486
21
530
2
5
17
177
1,028
626
604
2,535
500
729
2,500 4,313
880
841
479
2,463
809
366
2,266
1
21
12
17
3
7
91
13
275
493
41
96
55
466
643
7,939
<•
•
*
402
776
242
1,328
194
12
26
2,146
2
738
668 1,329 1,073
39
148
61
270
304
137
70
41
27
723
807
443
120
213
98
5,175
152
999
150
3,874
794
498
32
268
52
1,858
123
277
212
227
12
85
16
507
27
254
27
——
840' 1,834 1,904
441
384
253
28
31
15i
485
278
711
Ai
1
2!
—
1
8
15
15
13
201
100
198
6,599
5,208
111
413
78
6
167
740
560
2,060
300
596
@FedFRASER