View original document

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
H.4.2

(For Immediate R e l e a s e )
September 21, 1949
CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES
The c o n d i t i o n s t a t e m e n t 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 t h e week ended September 1 4 : I n c r e a s e s
of $319,000,000 i n l o a n s , #216,000,000 i n h o l d i n g s of U n i t e d S t a t e s Government
s e c u r i t i e s , $520,000,000 i n demand d e p o s i t s a d j u s t e d , $237,000,000 i n U n i t e d S t a t e s
Government d e p o s i t s , and $203,000,000 i n demand d e p o s i t s c r e d i t e d t o domestic b a n k 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 l o a n s i n c r e a s e d i n a l l d i s t r i c t s and
a t o t a l of $161).,000,000 a t a l l r e p o r t i n g member b a n k s ; t h e p r i n c i p a l i n c r e a s e s were
# 8 , 0 0 0 , 0 0 0 i n New York C i t y , #27,000,000 i n t h e San F r a n c i s c o D i s t r i c t , $17,000,000
i n t h e Boston D i s t r i c t , and $14,000,000 each i n Chicago and i n t h e A t l a n t a D i s t r i c t .
Real e s t a t e l o a n s i n c r e a s e d $ 1 6 , 0 0 0 , 0 0 0 .
Holdings of T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s i n c r e a s e d $63,000,000 i n
New York C i t y , $ 3 1 , 0 0 0 , 0 0 0 i n t h e San F r a n c i s c o D i s t r i c t , and a t o t a l of
$157,000,000 a t a l l r e p o r t i n g member b a n k s . Holdings of U n i t e d S t a t e s Government
bonds i n c r e a s e d $ 2 9 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t , and $18,000,000 i n t h e Clevel a n d D i s t r i c t , and d e c r e a s e d $22,000,000 i n New York C i t y ; t h e n e t i n c r e a s e a t a l l
r e p o r t i n g member banks was $ 5 1 , 0 0 0 , 0 0 0 . Holdings of " o t h e r s e c u r i t i e s " i n c r e a s e d
$53,000,000 i n New York C i t y and a t o t a l of $70,000,000 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 a d j u s t e d i n c r e a s e d $321,000,000 i n New York C i t y , $35,000,000
i n t h e Boston D i s t r i c t , $31,000,000 i n t h e D a l l a s D i s t r i c t , and by s m a l l e r amounts
i n n e a r l y a l l of t h e o t h e r d i s t r i c t s . U n i t e d S t a t e s Government d e p o s i t s i n c r e a s e d
i n a l l d i s t r i c t s , and demand d e p o s i t s c r e d i t e d t o d o m e s t i c banks i n c r e a s e d i n nearly 1
all districts.
Borrowings i n c r e a s e d $91,000,000 i n New York C i t y , $36,000,000 i n Chicago, and
a t o t a l of $113,000,000 a t a l l r e p o r t i n g member b a n k s .
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 f o l l o w s :
Sept.
1h,
1949

A S S E T S
Loans and i n v e s t m e n t s - t o t a l
Loans - n e t
Loans - g r o s 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 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 purchasing 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 o r 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 l o a n s
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
T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s
Treasury notes
U. S . bonds
Other s e c u r i t i e s
Reserve w i t h F e d e r a l Reserve Banks
Cash i n v a u l t
B a l a n c e s w i t h d o m e s t i c 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 e x c e p t Govt.
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 : Domestic banks
F o r e i g n banks
Borrowings
D e b i t s t o demand d e p o s i t a c c o u n t s , except i n t e r b a n k
Digitized forand
FRASER
U. S. Govt, a c c o u n t s , d u r i n g week


I n c r e a s e or
decrease since

S e p t . 15,
S e p t . 7,
1948
1949
( I n m:L l l i o n s of d o l l a r s )
+2,576
+ 605
66,294
- 837
+ 319
23,662
+
318
- 777
23,967
-2,012
+
164
13,171
2
25

+
+

452
258

215
1*88
it, 202
248
4,140

3
+ 46
+ 16
+ 101
+ 21

+
+
+

19
4
251
7
290

37,59k
3,229
6,633
1,129
26,603
5,038

+ 216
+ 12
+ 157
4
+ 51
+ 70

4-2,850
+ 741
+2,459
-1,541
+1,191
+ 563

12,096
817
2,347

+ 273
+ 46
+ 117

-1,613
+
14
- 193

16,930
15,272
2,311
9,171
1,335
188

+
+
+
+

+
+
+

857
646

20, 445

-

520
8
237
203
30
113

5l6
377
992
334
85
101

11.4.2(a)

ASSETS AIID LIABILITIES OF WEEKLY REPORTING MEMBER BANKS III LEADING CITIES, SEPTEMBER 14, 1949
D j. s t r i c t
F e d e r 2t 1
R e s e r \r e
Total
New
P
h
i
l
a
CleveR
i
c
h
St.
Minne- Kansas
San
All
Boston
A t l a n t a Chicago
York
d
e
l
p
h
i
a
land
mond
Louis
a p o l i s City Dallas Francisco
districts
A S S E T S
(In m i l l i o n s of do]. l a r s )
Loans and i n v e s t m e n t s - t o t a l
66,294
2,993 21,630 2,672
4 , 6 3 1 2,676
2,197
1,300 2 , 5 1 8 2,400 11,535
2,393
9,349
8,128
23,662
Loans - n e t #
831
781
876
979
895
1,422
865 1,024
2,515
431
4,915
Commercial, i n d u s t r i a l , and a g r ' l l o a n s
806
13,171
598
477
4,975
375
1,598
227
463
459
693
545
1,955
Loans t o b r o k e r s and d e a l e r s f o r
purchasing or carrying:
mmmm
——
mmmm
—
—
LL. S_. Government o b l i g a t i o n s
857
13
790
1
14
1
35
3
6
6
16
Other s e c u r i t i e s
646
21
521
2
9
5
7
34
15
4
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
11
81
215
11
2
6
22
10
32
13
12
10
5
8
Other s e c u r i t i e s
488
17
20
242
22
32
11
11
54
29
37
5
Real e s t a t e loans
100
4,202
141
70
178
427
284
203
66
132
89
347
2,165
mmmm
mmmm
3
Loans t o banks
248
1
190
2
2
2
38
1
4
Other l o a n s
211
1,013
289
4,140
223
215
215
172
801
255
131
196
419
U. S . Government s e c u r i t i e s - t o t a l
Treasury b i l l s
T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s
Treasury notes
U. S . bonds
Other s e c u r i t i e s

37,594
3,229
6,633
1,129
26,603
5,038

1,826
122
350
43
1,311
188

11,922
879
2,055
268
8,720
1,580

1,459
159
129
31
1,140
318

2,846
182
330
95
2,239
363

1,699
161
235
43
1,260
146

1,404
107
367
39
891
208

6,115
752
984
231
4,148
719

1,162
86
250
45
781
159

767
106
146
21
494
102

1,425
189
340
66
830
228

1,253
126
330
46
751
123

5,716
360
1,117
201
4,038
904

Reserve w i t h F e d e r a l Reserve Banks
Cash i n v a u l t
Balances w i t h domestic banks
Other a s s e t s - n e t
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 e x c e p t Govt.
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 : Domestic banks
F o r e i g n banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS

12,096
817
2,347
1,233

463
53
102
81

4,834
176
127
472

442
43
101
58

734
83
149
73

433
69
183
52

385
43
189
54

1,749
106
338
103

361
31
125
27

208
13
100
18

468
32
318
28

451
37
337
54

1,568
131
278
213

46,930
15,272
2,311
9,471
1,335
188
1,106
6,174

2,413
480
95
296
30
6
47
325

16,605
2,435
964
2,852
1,132
114
657
2,480

2,021
444
92
391
11
14
30
313

3,125
1,369
175
483
6
4
38
470

2,045
596
79
441
4

1,747
543
57
484
10
4
26
193

6,188
2,575
401
1,603
47
40
69
722

1,421
485
47
584
3
1
20
180

845
251
41
379
3
3
16
101

1,878
385
59
827
1
1
13
200

1,963
453
43
592
8
16
204

6,679
5,256
258
539
80
1
152
760

672

2,811

567

440

757

654

2,423

—

22
226

D e b i t s t o demand d e p o s i t a c c o u n t s , except
i n t e r b a n k and U. S . Govt, a c c o u n t s
776
8,764
717
1,115
20,445
749
^ I n d i v i d u a l l o a n i t e m s a r e r e p o r t e d g r o s s , i . e . , b e f o r e deduction of v a l u a t i o n r e s e r v e s *




• e *