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H.l**2
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate Release)
May 19, I9U8
CONDITION OF YJEEKLY REPORTING MEMBER BANKS IK LEADING 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 leading c i t i e s
shows t h e following p r i n c i p a l changes f o r t h e week ended May 12* An increase of
$201,000,000 i n loans, decreases of $152,000,000 i n holdings of Treasury b i l l s
and $156,000,000 i n demand deposits a d j u s t e d , and an increase of $2)0,000,000 i n
United S t a t e s Government d e p o s i t s .
^
Commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans increased $38,000,000 i n New
York C i t y and $50,000,000 a t a l l r e p o r t i n g member banks. 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 United S t a t e s Government and other s e c u r i t i e s
increased $71,000,000, l a r g e l y i n New York C i t y . Real e s t a t e loans and "other
loans" increased $23,000,000 and $20,000,000, r e s p e c t i v e l y .
Holdings of Treasury b i l l s decreased $116,000,000 i n New York C i t y and
$51,000,000 i n t h e C i t y of Chicago, and increased $35,000,000 i n the San Francisco
D i s t r i c t and $33,000,000 i n the Chicago D i s t r i c t outside t h e 6 i t y of Chicago. Holdings of Treasury c e r t i f i c a t e s of indebtedness increased $39*000*000.
Demand deposits a d j u s t e d decreased i n s i x d i s t r i c t s and increased i n s i x d i s t r i c t s ;; the p r i n c i p a l changes were decreases of $17l*,000,000 i n New York C i t y and
$60,000,000 i n t h e Philadelphia D i s t r i c t , and increases of $1*7,000,000 in t h e Kansas
C i t y D i s t r i c t and $36,000,000 i n the Dallas D i s t r i c t ; the decrease a t a l l reporting
member•banks was $156,000,000. United S t a t e s Government deposits increased i n a l l
d i s t r i c t s . Demand d e p o s i t s c r e d i t e d t o domestic banks increased $28,000,000 i n the
San Francisco 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.
Borrowings increased $5b,000,000 i n New York C i t y and $1*3,000,000 a t a l l r e p o r t i n g member banks.
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 follows*
ASSETS
Loans and investments - 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 brokers and d e a l e r s u
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 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 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 w i t h Federal Reserve Banks
Cash i n v a u l t
Balances w i t h domestic banks
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
Time d e p o s i t s except Govt.
U. S, Government d e p o s i t s
Interbank demand deposits* Domestic banks
Foreign banks
Borrowings
Debits t o demand deposit accounts, except interbank
and U. S. Govt, accounts, during week
Increase or
decrease since
May 11*,
May 5,
19U8
W
(In m i l l i o n s of d o l l a r s )
+ 1*2
+ 37
63,171*
+201
+3,533
23,1*1*7
+2,295
+
50
11*,255
+ 58
+ 13
1*80
1*17
279
1*71*
3,717
232
3,593
2,296
3,809
2,1*36
26,958
1,228
12,555
828
2,286
1*6,373
11*, 778
1,671*
8,699
1,318
181
19.975
+ 23
+ 35
+ 20
-152
+ 39
-
-
zl
18
+ 1*1*
+ 85
+ 1*0
-156
+ lU
+230
+ 33
+ 27
+ 1*3
-
61*
21
- 253
9
+ 81*9
+ 72
+
661*
+1,717
-1,1*66
- 360
-3,589
+ 202
+ 98I
+
-
50
117
613
1*21*
155
501
77
16
MEMBER BANKS IN LEADING CITIES, MAY
ASSETS AND LIABILITIES OF WEEKLY REPORTING
~
¥
e d e r a l
R e s e r v e
D
is
Total
P h i l a - Cleve- Rich- A t l a n t a j Chicago
New
All
delphia land mond
d i s t r i c t s Boston York
( I n m i l l i o n s oi
1
'
AS S E T S
2,293 8,653
l+,3l+8 2,531
2,553
2,799 21,135
Loans and investments - t o t a l
63,1?U
832 2,690
819
871+ 1,1+1+1+
Loans — t o t a l .
23,1+1+7 1,088 7,815
c
513 1,828
878
389
501
5,1+23
727
o m m e r c i a l , i n d u s t r i a l & agr* 1 loans
111,255
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 :
23
11+
1+22
1+
12
U.S. Government obligations
1+80
32
16
7
5
17
308
7
Other s e c u r i t i e s
1+17
Other loans f o r purchasing or c a r r y i n g ;
22
27
51+ . 21+
11+
7
56
U.S. Government obligations
279
68
36
1
1
+
25
202
8
16
Other s e c u r i t i e s
1+7U
318
76
181+
21+5
121
307
75
Real e s t a t e loans
3,717
23
6
1+
11
166
3
Loans t o banks
232
172
371
188
223
251
188
931
Other loans
3,593
21+
31+8
51+
110
131+
1,100
101
Treasury b i l l s
2,296
1+66
219
182
181
132
889
150
Treasury c e r t i f i c a t e s of indebtedness •
3,809
387
137
172
76
61+
620
127
Treasury notes
2,1+36
It,
118
1,276
895
2,085
1,110
9,1+18
1,217
U.S..bonds
26,958
6
1+1+
186
121+
332
263
116
1,293
Other s e c u r i t i e s
l+,228
1,727
1+80
1+53
780
I+60
501 1+,831
Reserve with Federal Reserve Banks
12,555
105
1+1+
68
81+
1+5
177
Cash i n v a u l t
828
59
358
165
19k
155
98
130
Balances with domestic banks
2,286
96
86
1+8
67
1+62
88
59
Other a s s e t s - net
1,177
L I AB I L I TIES
1,750 5,9lt5
3,009 2,022
1,995
Demand •deposits adjusted
1+6,573 2,292 16,786
51+8 2,1+56
1,326
1+50
595
1+92 2 , 2 9 6
Time d e p o s i t s except Govt.
lt+,778
82
323
51
ll+O
502
73
76
U. S, Government deposits
1,671+
1,1+21
1+67
361
1+31
352
2,81+7
276
Interbank demand deposits{Domestic banks
8,699
10
27
12
1+
5
1,167
21
Foreign banks
1,318
2
15
15
123
3
8
Borrowings
181
21
63
23
28
613
39
59
Other l i f c b i l i t i e s
1,09I
183
679
215
1+70
302
2,1+01
319
CAPITAL ACCOUNTS
5,906
H.I+.2(a)
Debits t o demand d e p o s i t accounts, except
interbank and U.S.Govt, accounts
19*975
782
8,803
813
t
«
1,029
•
669
620
*
2,608
t
12.19^6
t r i q'.t
. . | San
S t . •jMinne-lKansas
Louis j a p o l i s j City D a l l a s l F r a n c i s c o
2,0l+0 1,129 2,333
906
526
1+12
21+9
2
803
515
1+
2
3
17
11+
H+7
1
.195
50
122
85
730
11+7
381+
30
111+
7
5
55
10
12
121
————
———
9h
28
78
1+8
1+83
80
207
11+
89
16
26
1,320
1+71+
58
550
1
3
17
171
a
1,021
2,001
705
6
19
l+o
82
——— —
H+2
I69
112
265
121
20
161+
93
771+
833
199
1+93
31
289
27
115
I+92
31+
316
1+6
3
10
22
31+
1,986
18
669
215
961
506
1+,019
729
l,7l+7
137
282
193
795 1,762
386
251
67
33
261+
751
l
2
— —— —
it
ll+
12
188
98
1,891+
392
1+8
527
1+
15
195
8
187
685
666
599
2,509
31+5
532
11,173
It, 71+3
2,187
.
——— —
5,112
221
1+52
61+
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