Full text of H.4.2 Weekly Consolidated Condition Report of Large Commercial Banks in the United States : March 17, 1948

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H,lt.,2

BOARD OF GOVERNORS OF THE. FEDERAL RESERVE SYSTEM
( F o r Immediate R e l e a s e )
March 17, 19^8
11
CONDITION OF T/BEKLY REPORTING MEMBER BANKS IN LEADING CITIES

II . *. ' •! U

I I »'

I"U'»«".'•

— Ill I

"

The c o n d i t i o n s t a t e m e n t of w e e k l y 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 March 10; I n c r e a s e s of
$ 2 1 5 , 0 0 0 , 0 0 0 i n l o a n s and $ 2 9 9 , 0 0 0 , 0 0 0 i n h o l d i n g s of T r e a s u r y b i l l s , a d e c r e a s e of
$ 2 2 1 , 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 an i n c r e a s e of
$ 2 8 5 , 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 $17*000,000 i n New York
C i t y , $ 1 3 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t , and $ 5 ^ , 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 . 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 n i t e d S t a t e s
Government s e c u r i t i e s d e c r e a s e d $1|.0,000,000. 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 o r c a r r y i n g o t h e r s e c u r i t i e s i n c r e a s e d $lliU»000,000 i n New York C i t y ,
$ 3 3 , 0 0 0 , 0 0 0 i n t h e C i t y of Chicago, and $ 1 6 9 , 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 b i l l s i n c r e a s e d i n 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 $ 1 7 0 , 0 0 0 , 0 0 0 i n New York C i t y and $ 6 8 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t , Holdi n g s 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 i n c r e a s e d $ 7 ^ , 0 0 0 , 0 0 0 i n t h e San
F r a n c i s c o D i s t r i c t and $ 5 6 , 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 United
S t a t e s Government bonds d e c r e a s e d $ 1 7 , 0 0 0 , 0 0 0 i n t h e Boston D i s t r i c t and $ 2 7 , 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 " o t h e r s e c u r i t i e s i n c r e a s e d $ 7 1 , 0 0 0 , 0 0 0 .
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 $ 2 7 2 , 0 0 0 , 0 0 0 i n New York C i t y , $ 5 6 , 0 0 0 , 0 0 0
i n t h e San F r a n c i s c o D i s t r i c t , and $ 2 8 5 , 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 , and
d e c r e a s e d $ 6 3 , 0 0 0 , 0 0 0 i n t h e C l e v e l a n d D i s t r i c t , United S t a t e s Government d e p o s i t s
increased $138,000,000.
. _T v ,
Borrowings i n c r e a s e d $ 6 1 , 0 0 0 , 0 0 0 i n t h e C i t y of Chicago, $ 2 ^ , 0 0 0 , 0 0 0 i n New York
C i t y , and $ 6 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 t

A S S E T S
Loans and i n v e s t m e n t s - t o t a l
Loans - t o t a l
Commercial,industrial,and a g r i c u l t u r a l loans
Loans t o b r o k e r s a n d 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 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

I n c r e a s e or
d
e
crease since
March
March 3» March I'd,
10,
19U8
19U8
w
( I n m i l l i o n s of d o l l a r s )
+ 253
6b,128

+63b
+3,9l0
+215
23,65*4
Ik,59k+ 5k +2,475
lt36
521

- ItO
+169

+

+ 7
+
+ 32
- 17
+299
+ 56
+ 20
- 27
+ 71

-

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

281
1*86
3,583
265
3,185
2,317
it, 028
2,579
27,239
1,281

Reserve w i t h F e d e r a l Reserve Banks
Cash i n v a u l t
B a l a n c e s w i t h d o m e s t i c banks

12,736
782
2,316

-221
+ 61
+ 15

+1,302
+
11
- 1U6

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 j Domestic banks
F o r e i g n banks
Borrowings

17,581
11,757
1,221
9,0li0
1,353
288

+285
5
+138
+ lit
- 8
+ 68

+2,3U7
+ U83
-1,219
- 621
5
+ 137

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

18,503

h
lk

13

+ 9k
+
+
+

293
10
910
118
633

+1,175
-1,1*09
- 957
-3,05k
+ 258

L I A B I L I T I E S




MARCH 10,
ASSETS AND LIABILITIES OF TfEBKLY REPORTING MEMBER BANKS IN LEADING CITIES,
ft H h r a 1 R e s e r v e
Di s t r i c
Minne Kansas
P h i l a - CleveAtlanta|Chicago
Francisco
City
mond
delphia
York
districts
( I n m i l l i o n s of d o l l a r s )
11,118
2 , 0 8 6 1 , 1 4 7 2 , 3 6 0 2,192
8,841
21,802 2,525 4 , 3 2 8 2 , 5 7 4
61*, 128
Loans and i n v e s t m e n t s 4,632
814 1,018
420
2,717
955
817
1,478
896
7,962
23,65b
Loans - t o t a l
2,000
716
257
535
1,866
587
401
907
519
5,530
Commercial,industrial, & agr*1 loans
14,594
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 *
4
1
16
18
2
3
383
U.S. Government o b l i g a t i o n s
436
9
a
2
3
61
5
10
5
14
397
7
524
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 o r c a r r y i n g i
23
17
11
10
16
28
25
23
57
52
5
281
14
U . S . Government o b l i g a t i o n s
35
11
39
14
5
72
22
35
15
8
214
16
486
Other s e c u r i t i e s
1,908
78
117
146
53
314
72
178
239
72
287
119
3,583
1
Real e s t a t e loans
1
—
2
2
5
4
24
32
183
11
265
Loans t o banks
161
653
137
184
93
169
355
208
183
246
916
180
3,485
Other l o a n s
193
102
9
23
488
57
23
56
72
1,185
45
94
2,347
1^070
Treasury b i l l s
162
266
107
54
448
215
167
214
io4
1,065
156
it,028
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
88
539
159
87
55
447
145
163
97
75
591
133
2,579
Treasury notes
801
3
,
9
71
823
518
4,102
734
929
2 , 0 7 8 1,314
1,229
9,595 1,145
27,239
U. S . bonds
713
114
196
146
77
639
184
123
323
258
1,404
104
4,281
Other s e c u r i t i e s
1,715
481
220
503
1,709
394
500
455
778
466
5,011
504
12,736
R e s e r v e w i t h F e d e r a l Reserve Banks
123
12
29
33
29
97
43
80
65
171
44
56
782
293
268
Cash i n v a u l t
303
83
119
363
196
168
152
115
ill
145
2,316
Balances with domestic banks
187
16
44
33
2
5
92
53
72
55
421
59
85
1,142
Other a s s e t s - n e t
H.4.2(a)

1

«b we mm

L I A B I L I T IBS
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 : D o m e s t i c banks
Foreigp. banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS
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



47,581 2,350
497
14,757
1,221
54
277
9,040
22
1,353
: 12
288
54
999
316
5,865
18,503

734

17,7H
2,295
375
2,923
1,202
103
544
2,397

2,081
396
48
339
12
5
27
301

7,696

696

2,994 2,060
600
1,326
66
93
383
470
5
5
18
15
21
41
212
463
987

663

l
24
181

6,093
2, 463
217
1,441
30
122
65
671

1,321
474
4o
629
2
1
16
170

792
252
25
296
3
2
11
97

1,807
388
55
771
l
6
14
186

597

2,582

539

343

677

1,759
550
37
516

8

383

41

540

4

14
191
598

6,768
5,133

170

455
59
3
168

680

2,391