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H,l*»2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Releq.ee) November 17# I9U8 CONDITION CF WEEKLY REPORTING MEliBER BANKS IN IEAD1NG CITIES The condition statement of weekly reporting member banks i n leading c i t i e s shows the following principal changes for the week ended November 10* Increases of $166,000,000 i n commercial, i n d u s t r i a l , and agricultural loans and $$21,000,000 i n demand deposits adjusted, and a decrease of $12^,000,000 i n United States 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 i n nearly a l l d i s t r i c t s ; the principal increases were $65,000,000 i n New York City and $1*6,000,000 in the San Francisco D i s t r i c t , Loans to brokers and dealers f o r purchasing or carrying United States Government and other s e c u r i t i e s increased $1*9,000,000 in New York City and $50,000,000 at a l l reporting member banks. Holdings of Treasury b i l l s increased $1*9,000,000 i n the Chicago D i s t r i c t , $1*7,000,000 in the San Francisco D i s t r i c t , and $76,000,000 at a l l reporting member banks, and decreased $67,000,000 i n New York City. Holdings of "other s e c u r i t i e s " decreased $39,000,000, Demand deposits adjusted increased $19!*,000,000 in New York City, $111,000,000 i n the Chicago D i s t r i c t , and $?21,000,000 at a l l reporting member banks, and decreased $51,000,000 in the Cleveland D i s t r i c t and $1*3,000,000 i n the Boston Dist r i c t , United States Government deposits decreased i n nearly a l l d i s t r i c t s . Demand deposits credited t o domestic banks decreased $76,000,000 i n New York City and increased i n most of the other d i s t r i c t s ; the net increase at a l l reporting member hanks was $27,000,000. A summary of the a s s e t s and l i a b i l i t i e s of reporting member banks follows* ASSETS Loans and investments - t o t a l Loans - net Loans - gross-;'1 Commercial, i n d u s t r i a l , and agricultural loans Loans t o brokers and dealers for purchasing or carrying* U, S, Government obligations Other s e c u r i t i e s Other loans for 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 U, S, Government s e c u r i t i e s - t o t a l 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 securities Reserve with Federal Reserve Banks Cash i n 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 - Debits t o demand deposit accounts, except interbank arid U.S. Govt, accounts, during week #See footnote on following page. Increase or decrease since Nov. Nov. 3, Nov. l 2 , 10, 191*8 19U8 W (In millions of dollars) + 11*9 62,378 -2,559 + 136 +1,983 21*, 863 •2,107 25,112 + 137 + 168 + 1,563 15,583 315 397 + - 200 1*78 1*,028 237 3,871* 33,319 2,1*5L 1*,1*20 1,658 21*, 787 M96 • 11*,581* 850 2,208 + 1*6,928 lb,903 1,1*73 9,252 1,1*05 205 20,59b « + - + + - - + - 92 1*2 - 129 — 66 7 10 7 58 13 51 76 3 15 7 38 - 51 37 lt2 +2,1*01* 22 - 275 + 321 - + - 10 121* 27 18 7 258 9 + 669 + + 55 1*82 -1*,515 +1,61*7 +-.657 6oi* -6,215 27 + + + - 31*7 371 287 750 31 221 H.U.2(a) ASSETS ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER HAMS IN LEADING CITIES, NOVEMBER l u , I9&8 R e s e otal MinneR i ch- Atlanta Chica C l e v e New P h i l a All Boston 6 ° l L o u i s apolis mond d e l p h i a land York districts ( I n m i l l i o n s of d o l l a r s ) Loans and i n v e s t m e n t s - t o t a l Loans - netjf Commercial, i n d u s t r i a l & a g r ' 1 l o a n 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. 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 loans Loans t o banks Other l o a n s U». S*. Government s e c u r i t i e s - t o t a l Treasury b i l l s Treasury c e r t i f i c a t e s of indebtedness Treasury n o t e s U , S . bonds Other s e c u r i t i e s 62,378 21,86) 15,583 t 315 397 200 1*78 1,028 237 3,87k 35,319 2,b5b b,b20 1,658 21*, 787 it, 196 lb,58% 850 R e s e r v e w i t h F e d e r a l R e s e r v e Banks Cash i n v a u l t 2,208 B a l a n c e s w i t h d o m e s t i c banks 1,209 Other a s s e t s - n e t L I A B I L I T I E S lt6,928 Demand d e p o s i t s a d j u s t e d lb,903 Time d e p o s i t s e x c e p t Govt. 1,473 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 9,252 1,105 F o r e i g n banks 205 Borrowings 1,069 Other l i a b i l i t i e s 5,99b 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 ^0,b9u # S e e f o o t n o t e on p r e v i o u s p a g e . 2,811 20,2b5 2,581 8,522 . 927 1,105 6,051 557 7b6 b,5l9 l,b77 92b 1 16 7 11 b 8 281 295 2,53b 875 bib 16 5b 5 15 33 22 21 206 16 9 205 275 bio 91 132 1 b 2 I89 5 215 218 272 201 978 1,590 10,710 1,585 2,500 1,552 72 lbo 175 1,008 167 205 229 151 231 937 61 lb 5 70 351 89 8,b5b l,obb 1,951 1,196 1,105 129 5b2 269 1,215 116 871 562 559 5,6b3 577 65 90 198 b5 59 168 158 10b 125 99 51 68 51 82 b93 b9 522 2,536 50b 2,856 1,221 lib 615 2,b27 5,018 2,053 588 b58 1,565 61 117 85 b27 b5l 5b9 6 12 5 2 28 5 21 26 39 219 b65 505 805 8,250 768 2,b06 b8b 61 282 22 2 16,601 2,107 1,166 773 2,313 879 2,792 1,918 1,108 .,008 617 8 15 28 1 5 25 6b 11 12 158 5 208 962 90 157 62 655 158 b6? 51 125 2b 561 18 36 65 5 193 l,2b3 59 283 72 8b9 191 b99 b6 183 53 1,759 535 bl 553 11 8,558 356 23 bo? 5,lb5 511 601 586 3,8b5 623 2,005 109 533 92 6,105 2,b58 287 I,b55 50 21 b55 252 6 12 16 b2 87 661 2,88b 680 1 —- — 160 189 110 671 1,289 1,08b 61 b5 lb9 252 277 131 69 87 3b 758 776 bb5 121 20b 80 261 57b 569 50 35 13 281 88 298 b8 28 15 b55 695 6 11 7 6 62 15 98 18 175 H,ob3 5,063 2,2bl 6 127 1,827 581 51 851 1 5 lb San Francisco 2,505 1,098 76b b 8b6 25b 2b 525 5 2 2 2,577 88b 578 2 1,56b b7b b7 675 3 27 185 70 1,186 Dallas 1,935 bio 39 6bo 5 18 52 2,082 b 723 5,210 197 1,008 252 3,753 770 1,997 129 268 20b 6,907 192 15 195 5,110 158 b72 87 23 16b 720 765 670 2,737 2
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