The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) March 3, 19^8 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN IMPING CITIES The c o n d i t i o n statement of weekly 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 the week ended February 25; An increase of $157,000,000 i n l o a n s , decreases of $553,000,000 i n holdings of United S t a t e s Government s e c u r i t i e s and $275,000,000 i n demand d e p o s i t s c r e d i t e d t o domestic banks, and an i n c r e a s e of $150,000,000 i n demand d e p o s i t s a d j u s t e d . 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 decreased $13,000,000 i n the Chicago D i s t r i c t , $11,000,000 each i n the New York and San F r a n c i s c o d i s t r i c t s , and $28,000,000 a t a l l r e p o r t i n g member banks. Loans f a r purchasing o r c a r r y i n g United S t a t e s Government and o t h e r s e c u r i t i e s increased $155,000,000, l a r g e l y i n New York C i t y . Holdings of United S t a t e s Government bonds decreased $106,000,000 i n New York C i t y , $28,000,000 i n t h e Chicago D i s t r i c t , and $11*9,000,000 a t a l l r e p o r t i n g member banks. Holdings of Treasury c e r t i f i c a t e s of indebtedness decreased $50,000,000 i n the San F r a n c i s c o D i s t r i c t and $92,000,000 a t a l l r e p o r t i n g member banks. Holdings of Treasury b i l l s and notes decreased $5U,000,000 and $58,000,000, r e s p e c t i v e l y . Demand d e p o s i t s a d j u s t e d decreased $13k,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 and i n c r e a s e d i n most of the pther d i s t r i c t s ; the p r i n c i p a l i n c r e a s e s were $103,000,000 i n New York C i t y , $86,000,000 i n t h e Chicago D i s t r i c t , $36,000,000 i n t h e Richmond D i s t r i c t , and $35,000,000 i n the P h i l a d e l p h i a D i s t r i c t . Time d e p o s i t s increased $23,000,000 i n t h e San Francisco D i s t r i c t , $16,000,000 i n the P h i l a d e l p h i a D i s t r i c t , and $h§>,000,000 a t a l l r e p o r t i n g member banks. Demand d e p o s i t s c r e d i t e d t o domestic banks decreased i n a l l d i s t r i c t s . Borrowings decreased $22,000,000 i n t h e P h i l a d e l p h i a D i s t r i c t and $33,000,000 a t a l l r e p o r t i n g member banks. 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 f o l l o w s i H,l*,2 ASSETS Loans and investments - t o t a l Loans - t o t a l Commercial, i n d u s t r i a l , and agricultural 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 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 notes U. S. bonds Other s e c u r i t i e s Reserve with Federal Reserve Banks Cash in vault Balances with domestic banks L I A B I L I T I E S Demand deposits adjusted Time d e p o s i t s except Govt. U. S. Government deposits Interbank demand d e p o s i t s ; Domestic banks Foreign banks Borrowings Increasei or Feb. decrease isince Feb. 26, Feb. 18, 25, I9k7 19U8 1918 (In m i l l i o n s of d o l l a r s ) -220 71*8 61*, 057 +3,,851 +157 23,610 +2,,771 - 28* lit, 591 + 532 Uoe +133 + 32 " - 2,156 3,115 2,599 28,111 i*,l66 12,296 815 2,287 - % - 92 - 58 *11*9 - 2U +11*2 + 1*2* - li 322 17 + 93U + 83 659 +1,,732 -2, ,267 - 860 -1,,9it3 235 836 75 + 3k 47,559 1U,728 1,002 . 8,821* 1,368 258 +150 + 1*5 + 1*2 -275 + 15 » 33 +2 »U35 53k - 1 ,218 - 330 + 29 60 291* 1*79 3,565 253 - 5 * 5 + 15 + 1* + 11* Debits t o demand d e p o s i t accounts, except interbank and U. S. Govt, accounts, d u r i n g week 18,006 •Feb. 18 f i g u r e s r e v i s e d ( P h i l a d e l p h i a D i s t r i c t ) 257 * * '+ + + + + ASSETS AND LIABILITIES OF YJEEKLY REPORTING MEMBER BMKS IN LEADING CITIES, FEBRUARY 2& I9U8" Fed e r a . "ft e s e r v e ; D i s t r : c t Total New CleveAll PhilaRich- A t l a n t a Chicago •St. • Minnea- •Kansas Dallas San Boston polis City Francisco d e l p h i a land mond Louis districts York ( I n m i l l i o n s of d o l l a r s ) ASSETS 2,820 Loans and investments - t o t a l 2,086 1,161* 2,365 2,210 2,525 It, 292 2,556 2,3142 61,057 21.859 11,059 8,779 Loans - t o t a l 23,610 2,720 1,109 807 962 It, 627 7,968 873 l.ltltlt 83lt U29 815 1,022 Commercial, i n d u s t r i a l , & a g r ' 1 loans 1,860 518 520 263 751 Ht,591 718 890 392 5,553 59lt 1,997 535 Loans t o brokers and d e a l e r s f o r purchasing or c a r r y i n g s - U.S.Government ob 1 i g a t i o n s - — 2 2 21 lit 532 It 53 3 37 Other s e c u r i t i e s 1*02 12 2 8 6 291 6 8 15 37 5 3 9 Other loans f o r purchasing or c a r r y i n g : U.S.Government o b l i g a t i o n s 26 21* 16 11 lit 11 18 29b. 56 23 31 5 59 Other s e c u r i t i e s 22 16 206 8 12 lit 15 ItO 3lt 179 3lt 73 5 Real e s t a t e loans 28U 119 316 llt6 237 71 1,892 177 3,565 115 56 73 79 Loans t o banks 2 201 2 10 1 8 253 1 10 It 7 7 Other loans 202 180 172 160 2ltlt 185 921t 183 138 658 3,it9U 356 92 Treasury b i l l s 22 2,156 2 76 1,155 70 Itlt 20 88 lt03 18 h 57 35 Treasury c e r t i f i c a t e s of indebtedness 620 210 132 162 3,115 8lt 871 Ut5 2lt9 98 391 98 55 Treasury notes 120 601 101 162 70 Htlt 87 2,599 157 56 5lt8 it59 9it U. S. bonds 28,1*11 1,283 1,180 2,200 1,337 lt,20l* 816 It, 122 10,179 528 758 855 9k9 Other s e c u r i t i e s 122 100 261 1,166 602 llt6 1,336 323 183 Hit 76 196 707 Reserve with Federal Reserve Banks 12,296 506 1,685 It 52 211t lt92 1.7U0 ItOlt It, 577 lt95 !t7i 755 505 Cash i n v a u l t 60 12 815 105 67 Itlt 130 179 lt3 83 29 30 33 Balances w i t h domestic banks 112 2,287 162 lol* 132 166 111 176 86 38lt 27lt 285 295 Other a s s e t s - n e t 82 1,10k 26 16 56 50 31 Itlt 69 185 89 57 399 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 2,111 3,000 2,076 1,760 2,350 17,lt81 6,158 815 1,808 1,81*8 6,801 l,3lt8 1*7,559 Time d e p o s i t s except Govt. 2,271 lit, 728 2,it 58 252 5,126 551 386 lt97 It 73 389 399 1,327 599 U. S . Government d e p o s i t s 1,002 22 60 lt2 32 170 32 Htl lt5 295 lt7 79 37 Interbank demand d e p o s i t s $ Domestic banks 8,821* 272 612 2,889 1,1*13 lt36 325 352 U92 291 U27 5lt6 769 Foreign banks 1,368 22 12 2 6 1,213 6 1 27 It 63 3 9 Borrowings 12 258 1 11 23 13 17 7lt 85 3 9 3 7 Other l i a b i l i t i e s 26 20 12 2lt 96lt 161 52lt 38 15 13 63 13 55 CAPITAL ACCOUNTS 212 it 62 5,856 316 300 668 186 170 676 179 2,399 191 97 H,U.g"(a) Debits t o demand d e p o s i t accounts, except i n t e r b a n k and U.S.Govt, accounts 18,006 http://fraser.stlouisfed.org/ * * Federal Reserve Bank of St. Louis * * » < 699 < » 71it 7,599 A • 1,001 - 596 • 575 lt78 2,50it * 61*2 293 <* • 605 A 2,300 1
@FedFRASER