The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BCMD CF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) October 6, I9U8 CONDITION OF YjEEKLY REPORTING IMIBBR BANKS IN LEADING CITIES The condition statement of weekly reporting member banks in leading c i t i e s shows the following principal changes f o r the week ended September 291 A decrease of $1,562,000,000 in holdings of United States Government s e c u r i t i e s and an increase of $1,138,000,000 in reserve balances with Federal Reserve Banks, 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 in New York City and a t a l l reporting member banks, and d©creased $12,000,000 i n the San Francisco D i s t r i c t , Loans to b rokers and dealers f o r purchasing or carrying United States Government and other s e c u r i t i e s increased $11*2,000,000, largely in New York City. Holdings of Treasury b i l l s decreased $1*1*7,000,000 in New York City, $106,000,000 in the San Francisco D i s t r i c t , $93,000,000 in the Chicago D i s t r i c t , and $838,000,000 at a l l reporting member banks. Holdings of Treasury c e r t i f i c a t e s of indebtedness decreased #166,000,000 in New York City, $86,000,000 in the San Francisco D i s t r i c t , and $292,000,000 a t a l l reporting member banks. Holdings of Treasury notes decreased $150,000,000* Holdings of United States Government bonds decreased $21,000,000 in the Cleveland D i s t r i c t and $82,000,000 a t a l l reporting member banks. Demand deposits adjusted decreased $81,000,000 in New York City, $33,000,000 in the Philadelphia D i s t r i c t , and $178,000,000 at a l l r e p o r t i n g member banks, and increased #39,000,000 in the Chicago D i s t r i c t . United States Government deposits increased $288,000,000. Demand deposits credited t o domestic banks decreased $11*7,000,000 in New York City and $297,000,000 at a l l reporting member banks. Borrowings increased $92,000,000 in New York City, $25,000,000 in Chicago, and $116,000,000 at a l l reporting member banks. A summary of the assets and l i a b i l i t i e s of reporting member banks follows: H»l*,2 ASSETS Loans and investments - t o t a l Loans - net Loans - gross# 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 Loans t o brokers and dealers f o r purchasing or carrying* U. S. Government obligations Other Securities 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 to 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 Other s e c u r i t i e s Reserve with Federal Reserve Banks Cash in vault Balances with domestic bajjks 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 t Domestic banks Foreign banks Borrowings Debits t o demand deposit accounts, except interbank and U. S. Govt, accounts during' week #See footnote on following page. Increase or decrease since Sept. Sent. 22, Oct. 1, = 29, I9hl 19^8 w (In millions of dollars) 1/ + 256 +2,81*3 21,899 +2,965 258 25,H*5 + +2,056 38 15,239 592 1*51 225 1*92 3,961 315 3,870 32,559 1,11*2 3,71*5 2,14*2 25,230 1,1*1*7 ll*,625 833 2,122 l*6,66o 11*, 905 1,787 6,599 1,396 285 21,978 + + 67 75 - 75 116 1* 6 1* 69 3 -1,362 838 292 15d — 82 9 +1,138 + 20 137 - - 272 + 13 + 705 + 69 + 585 -5,81*1 + 623 - 280 - 190 -5,99b + 107 +2,21*2 + 90 - 21*8 178 11 288 297 20 116 - 396 + 388 + 11*1* -1,129 16 + 1*6 - + + + + - + - + H.4.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, SEPTEMBER 2g, I9I18 Total Fed e r a ]L Re s e r v e Di s t r ] c t All New PhilaCleveRichSt. Minne- Kansas San districts Boston York delphia land mond AtlantaJ Chicago Louis apolis City Dallas Francisco -ASSETS (In mi: lions of dollars) Loans and investments - total 61,905 2,782 20,294 2,566 4,291 2,511 2,236 8,536 1,993 1,193 2,333 2,245 10,925 Loans - net# 1,111 1,481 24,899 8,550 819 2,847 932 873 883 1,044 963 * 439 4,957 Commercial,industrial & agr'l loans 5,886 410 15,239 731 2,166 508 1,951 915 716 544 581 257 574 Loans to brokers and dealers for purchasing or carryings IL S.. Government obligations 1 2 18 14 518 1 592 35 3 Other securities 11 2 8 6 6 451 11 317 17 6 56 7 4 Other loans for purchasing or carrying: U. S. Government obligations 225 13 20 42 6 15 19 19 29 17 35 3 7 Other securities 22 213 12 17 U92 23 6 67 13 42 35 9 33 Real estate loans 131 88 61 269 3,961 125 65 383 2,063 154 199 334 89 Loans to banks 282 11 1 1 315 4 7 4 5 Other loans 216 202 203 186 217 1,013 110 180 3,870 273 156 715 399 ZI. Government securities - total 888 1,530 10,321 1,352 2,464 1,507 1,225 5,083 32,559 5,191 673 1,244 1,081 Treasury b i l l s 1,1^2 32 64 119 129 24 80 15 29 93 439 73 45 Treasury certificates of indebtedness 3,745 211 213 711 115 184 114 243 109 264 491 183 907 Treasury notes 2,14*2 125 107 118 115 115 154 83 98 425 549 494 59 U, S., bonds 8,622 1,066 1,978 1,208 1,101 25,230 852 3,969 657 789 455 754 3,779 Other securities 282 606 206 141 142 120 192 81 1,423 131 4,447 346 777 Reserve with Federal Reserve Banks 881 14,625 581 5,688 480 2,038 540 254 542 2,074 554 439 554 Cash in vault 61 176 104 833 30 14 32 69 89 45 44 134 35 Balances with domestic banks 2,122 121 160 103 100 164 104 241 143 98 319 273 296 Other assets - net 62 26 26 1,145 20 67 51 48 469 83 47 47 199 LIABILITIES Demand deposits adjusted 46,660 2,333 16,622 2,046 3,009 2,019 1,736 6,091 1,329 845 1,796 1,900 6,934 Time deposits except Govt, 2,416 14,905 487 250 458 1,359 381 590 407 533 2,454 473 5,097 U. S„ Government deposits 82 62 125 148 1,787 508 48 76 96 337 69 37 199 Interbank demand deposits$Domestic banks 8,599 272 2,738 526 448 430 1,390 391 338 529 334 450 753 Foreign banks 1,396 12 1,221 2 2 28 l 23 84 5 5 4 9 Borrowings 2 12 8 285 215 1 6 29 3 9 Other l i a b i l i t i e s 26 12 18 18 624 i,o44 50 36 29 14 64 15 138 CAPITAL ACCOUNTS 217 320 2,4o4 183 726 174 191 303 687 5,954 459 193 97 Debits to demand deposit accounts,except interbank and U.S.Govt, accounts 620 9,662 21,978 864 1,303 461 658 2,866 2,566 648 764 771 795 mmmm mmmm mm mm f mm mm
@FedFRASER