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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) May 11, 1949 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 May 4: An increase of $259,000,000 in holdings of United States Government bonds, decreases of $186,000,000 in commercial, industrial, and agricultural loans and $353,000,000 in demand deposits adjusted, and increases of $517,000,000 in demand deposits credited to domestic banks and $322,000,000 in borrowings. Commercial, industrial, and agricultural loans decreased in nearly all districts-* the principal decreases were $72,000,000 in New York City and $35,000,000 in the Kansas City District. Loans to brokers and dealers for purchasing or carrying United States Government securities increased $168,000,000 in New York City. Holdings of Treasury bills decreased $69,000,000 in New York City, and increased$44,000,000 in the Kansas City District and $38,000,000 in the Minneapolis District; the net increase at all reporting member banks was $9,000,000. Holdings of Treasury certificates of indebtedness increased $38,000,000. Holdings of United States Government bonds increased in all districts; the principal increases were $86,000,000 in New York City, $51,000,000 in the San Francisco District, and $34,000,000 in the Cleveland District. Demand deposits adjusted decreased $209,000,000 in New York City, $63,000,000 in the Chicago District, and by smaller amounts in most of the other districts. United States Government deposits decreased $125,000,000. Demand deposits credited to domestic banks increased in all districts; the principal increases were $99,000,000 each in New York City and in the Kansas City District. Borrowings increased $314,000,000 in New York City and $52,000,000 in the Chicago District. A summary of the assets and liabilities of reporting member banks follows* May u, 1949 Increase or decrease since May 5, April 27, 1948 1949 millions of dollars) + 320 -1,497 + 761 3 + 897 3 — 186 - 323 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 (In 61,635 21,007 24,308 13,976 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 33,263 1,836 4,750 960 25,717 4,365 + + 6 + 259 + 11 38 -2,377 - 612 + 980 -1,481 -1,264 + 119 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 deposits except Govt. U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings 13,988 728 2,062 + + 69 69 53 +1,477 15 — 184 45,822 15,215 1,154 + + + 353 26 125 517 17 322 Debits to demand deposit accounts, except interbank and U. S. Govt, accounts, during week #See footnote on following page. 916 550 198 421 4,077 309 3,861 8,298 1,351 575 22,402 + 168 - 30 + + 494 146 + + - + 79 54 370 1 3 1 46 2 + 312 + 9 + 112 + 231 + - 707 451 290 + + 60 437 - 368 ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, MKY 4, 1949 F e d e r ei 1 R e s e r v e I) i s t r i c t Total All San St. Minne- Kansas Dallas New Phila- Cleve- Rich- Atlanta jchicago Boston districts, 3ark 'delphia land mond : Louis apolis City Francisco (In millions of dollars) A S S E T S 10,865 2,211 2,023 1,168 2,332 8,472 2,792 20,259 2,514 4,274 2,458 2,267 61,635 Loans and investments - total 816 824 4,912 922 1,045 831 2,507 432 8,305 1,037 909 1,467 24,007 Loans - net# 2,065 718 867 1,670 223 387 514 524 509 513 641 . 13,976 5,345 Commercial, industrial, & agr'l loans Loans to brokers and dealers for purchasing or carrying: — 8 1 — 5 876 1 — — — 11 14 916 U, S. Government obligations 6 6 2 14 7 17 37 11 19 5 422 4 Other securities 550 Other loans for/purchasing or carrying: 6 11 10 22 15 15 7 U. S. Government obligations 11 30 13 198 54 4 28 12 26 12 38 58 21 20 177 7 5 Other securities 17 421 87 2,136 128 68 276 163 192 64 336 92 132 Real estate loans 403 4,077 2 20 10 186 21 1 Loans to banks 13 9 38 4 5 309 161 208 117 191 714 220 391 193 274 Other loans 244 3,861 195 953 5,182 1,047 646 1,297 965 1,302 1,611 10,719 2,465 5,274 1,494 1,261 33,263 U« S„—Government securities-total 36 174 146 27 301 52 52 64 787 73 65 1,836 59 Treasury bills 128 978 166 274 712 249 258 224 1,230 113 174 4,750 244 T r e e m a ^ certificates of indebtedness 149 73 40 237 14 27 107 37 49 960 43 143 41 Treasury notes 3,881 722 804 2,061 723 1,225 902 452 4,024 1,103 1,261 8,559 25,717 U#J3*~T>onds 211 771 691 136 90 119 190 133 303 1,235 342 4,365 144 : Other ^securities 1,891 511 565 828 408 195 522 482 1,995 5,522 525 13,988 544 Reserve with Federal Reserve Banks 105 28 26 12 32 61 78 97 157 40 728 39 53 Cash- in vault 268 268 260 113 88 176 90 146 106 314 140 2,062 93 Balances with domestic banks 206 50 25 89 15 24 65 51 51 78 1,151 54 443 Other assets - net H.4..2(a) L I A B I L I T I E S Demand deposits adjusted Time deposits except Gov't U. S. Government deposits Interbank demand deposits^ Domestic banks foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 45,822 15,215 1,154 8,298 1,351 575 1,045 6,104 2,356 478 43 275 31 7 48 322 16,413 2,410 353 2,642 1,158 423 620 2,468 2,038 456 48 329 10 5 25 310 2,960 1,391 95 419 5 13 38 464 1,990 597 50 341 5 13 19 223 1,751 539 32 464 9 8 24 188 5,937 2,578 249 1,310 53 66 66 708 1,327 483 33 552 2 4 16 177 811 255 20 277 2 1 15 99 1,785 384 45 781 1 5 12 197 1,891 443 33 483 4 2 15 201 6,563 5,201 153 425 71 28 147 747 Debits to demand deposit accounts, except interbank and U. S. Govt* accounts Digitized FRASER #Seeforfootnote on previous page* 22,402 857 10,476 777 1,132 699 687 3,020 572 367 704 648 2,463
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