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H.U.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) March 23, 19u9 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The condition-statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended Larch 16: Increases of $315,000,000 in loans to brokers and dealers for purchasing or carrying United States Government securities, Oul0,000,000 in reserve balances vrith Federal Reserve Banks, $244,000,000 in United States Government deposits, and 5)235,000,000 in borrowings. Commercial, industrial, and agricultural loans decreased ^36,000,000 in new York City and increased by smaller amounts in most of the other districts; there was a net decrease of $11,000,000 at all reporting member banks. Holdings of Treasury bills decreased $115,000,000 in New York City and $31,000,000 in Chicago, and increased $30,000,000 in the San Francisco District; the net decrease at all reporting member banks was $70,000,000. Holdings of Treasury certificates of indebtedness decreased $68,000,000; the principal changes were a decrease of 090,000,000 in New York City, and an increase of #25,000,000 in the Chicago District outside of Chicago. Holdings of United States Government bonds increased $49,000,000. Holdings of "other securities" increased $70,000,000 in New York City, Demand deposits adjusted increased $110,000,000; the principal changes were decreases of $91,000,000 in New York City and $61,000,000 in Chicago, and^increases of $75,000,000 in the San Francisco District, $lt2,000,000 in the Kansas City District, and $34,000,000 in the Dallas District. Demand deposits credited to domestic banks increased $157,000,000. Borrowings increased $280,000,000 in New York City and $67,000,000 in Chicago, A summary of the assets and liabilities of reporting member banks follows: Mar. 16, 1949 Increase or decrease since Mar. 9, 19h9 (In millions of A S S E T S H- 313 62,359 Loans and investments - total + 338 21,889 Loans - net + 340 Loans - gross/4 25,183 11 Commercial, industrial, and agriculatural loans 15,095 Loans to brokers and dealers for purchasing or carrying: + 315 812 U. S. Government obligations + 26 Other securities 452 Other loans for purchasing or carrying: U. S. Government obligations 189 3 + 1 Other securities 438 2 4,084 Real estate loans + 287 Loans to banks 9 + 3,826 Other loans 5 9u 33,112 U. S. Government securities - total 70 2,013 Treasury bills 68 24,992 Treasury certificates of indebtedness — 1,021 5 Treasury notes + 49 25,086 U. S. bonds + 69 4,358 Other securities + 410 lb,606 Reserve with Federal Reserve Banks 746 39 Cash in vault + 166 2,237 Balances with domestic banks L I A B I L I T I E S + 110 46,182 Demand deposits adjusted — 16 15,115 Time deposits except Govt, + 244 1,97a U. S. Government deposits + 157 8,802 Interbank demand deposits: Domestic banks + 2 1,420 Foreign banks + 285 497 Borrowings Debits to demand deposit accounts, except interbank 22,859 and U. S. Govt, accounts, during week Digitized for #See FRASERfootnote on following page. J Mar. 17, 1 19U8 dollars) -1,397 +1,497 +1,635 + 430 + + 163 41 87 42 + 173 + 97 + 260 -2,949 366 +1,054 -1,551 -2,086 + 55 +1,931 11 - 205 + + + + 829 385 803 436 53 186 H.4.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES,' MftRCHlfii 1949 TtitsT All A S S E T S 62,359 Loans and investments - total 24,339 Loans — net// 15,095 Commercial, industrial, & agr'l loans Loans to brokers and dealers for purchasing or carrying: 812 U. S, Government obligations 452 Other securities Other loans for purchasing or carrying: 189 U, S. Government obligations 438 Other securities 4,084 Real estate loans 287 Loans to banks 3,826 Other loans 33,112 U» S, Government securities-total 2,013 Treasury bills 4,992 Treasury certificates of indebtedness 1,021 Treasury notes 25,086 U. S. bonds 4,358 Other securities 14,606 Reserve with Federal Reserve Banks 746 Cash in vault 2,237 Balances with domestic banks 1,131 Other assets - net L I A B I L I T I E S 46,182 Demand deposits adjusted 15,115 Time deposits except Govt 1,974 U, S, Government deposits 8,802 Interbank demand deposits: Domestic banks Foreign banks 1,420 497 Borrowings 1.044 Other liabilities 6.045 CAPITAL ACCOUNTS Debits to demand deposit accounts, except 22,859 and U. S. Govt, accounts Digitizedinterbank for FRASER http://fraser.stlouisfed.org/ #See footnote on previous page. Federal Reserve Bank of St. Louis Boston New York 2,787 20,380 1,062 8,625 5,869 689 D i s t r i c t F e d e r a l R e s e r v e San Phila- Cleve- Rich- Atlanta Chicago St. Minne- Kansas Dallas Francisco Citv apolis Louis delphia land mond (In millions of dollars) ,153 2,386 2,269 10,916 2,092 4,305 2,533 2,342 8,560 2,556 881 1,087 4,999 447 979 846 2,646 939 1,526 852 2,149 757 570 256 589 541 1,798 410 935 532 1 19 11 10 744 340 11 16 47 185 418 180 951 10,424 750 1,153 184 8,337 1,331 2 7 92 21 275 1,327 88 150 34 1,055 290 54 5,713 149 77 444 133 13 197 1,604 84 259 55 1,206 121 580 100 126 9 1 6 10 11 559 41 94 52 2,986 2,054 1,815 531 578 1,404 56 102 168 528 378 462 13 5 5 — 5 17 24 20 37 186 460 222 5,953 2,555 387 1,372 40 80 61 698 1,364 479 71 609 748 3,112 2,806 321 366 629 2,451 846 10,342 871 1,222 6 44 23 22 58 337 10 383 5,260 389 726 223 3,922 654 2,080 96 333 77 281 30 3 53 «**• 16 13 27 31 20 21 67 196 276 2 5 33 187 213 228 2,514 1,551 1,310 78 103 109 186 303 290 38 115 45 891 2.000 1,217 186 130 345 506 866 555 61 41 83 213 165 141 51 50 64 2,073 433 91 354 11 7 26 307 2,346 16,363 2,388 481 587 83 7 16 1,173 748 161 1 210 983 38 200 52 693 130 456 27 123 25 _ 2 3 5 15 6 7 12 43 5 88 128 64 1 5 4 188 163 113 623 1,299 1,062 34 138 38 271 290 127 42 71 U 715 800 444 120 206 83 544 565 235 32 29 12 308 276 82 48 25 21 4 13 13 29 2,124 12 718 5,155 164 1,037 148 3,806 762 1,947 121 276 197 7 15 176 822 1,857 1,970 419 382 255 57 76 40 537 748 270 1 4 3 1 9 1 15 12 14 198 196 98 6,579 5,210 256 457 84 1 138 732 611 361 710 2,549 2 788
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