BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) June 22, 1949

CONDITION OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES The condition statement of weekly reporting member banks in leading c i t i e s

shows the following pr incipal changes fo r the week ended June Increases of $520,000,000 in holdings of United States Government secu r i t i e s , $35b,00u,uuu in reserve balances with Federal Reserve Banks, $549,000,000 in demand deposits ad-justed, and $370,000,000 in demand deposits credited to domestic banks. ^

Commercial, i ndus t r i a l , and agr icul tura l loans increased $13,000,000 in the San Francisco D i s t r i c t and decreased by smaller amounts in the other d i s t r i c t s ; net decrease a t a l l reporting member banks was $39,000,000. Loans to brokers an dealers fo r purchasing or carrying secur i t i es other than United States Governmen secur i t ies increased $28,000,000 in Chicago, $25,000,000 in New Yor I y,

in the Chicago D i s t r i c t , and a t o t a l of $351,000,000 at a l l reporting member banks. Holdings of United States Government bonds increased $64,000,000 in New York City, $31,000,000 in the San Francisco D i s t r i c t , and $25,000,000 in the Boston D i s t r i c t , and a t o t a l of $153,000,000 at a l l reporting member banks. Holdings of other secur i t i es" increased $29,000,000. . a

Demand deposits adjusted increased in a l l d i s t r i c t s ; the pr incipal inc ea were $362,000,000 in New York City, $45,000,000 in the San Francisco D i s t r i c t , $44,000,000 in the Kansas City D i s t r i c t , and $39,000,000 in the Dallas D i s t r i c t , but they decreased $63,000,000 in the New York D i s t r i c t outside of New York City. United States Government deposits increased $195,000,000. The increase in demand deposits credited to domestic banks was largely in New York City.

A summary of the assets and l i a b i l i t i e s of reporting member banks follows:

June 15,

1949

Increase or decrease since June

15, 1949 June 8,

1949 June l6 ,

1948 •3 ^ "1 "1 a «v»i n 1

A S S E T S Loans and investments - t o t a l Loans - net

Loans - gross# Commercial, i ndus t r i a l , and agr icu l tura l loans Loans to brokers and dealers

for purchasing or carrying: U. S. Government obligations Other secur i t i e s

Other loans f o r purchasing or carrying: U. S. Government obligations Other secur i t i e s

Real es ta te loans Loans to banks Other loans

U. S. Government secur 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 secur i t i e s Reserve with Federal Reserve Banks Cash in vaul t 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 deposi t s j Domestic banks

Foreign banks Borrowings Debits to demand deposit accounts, except interbank

and U. S. Govt, accounts, during week #See footnote on following page. *June 8 f igures revised (San Francisco Dis t r i c t )

62,603 23,23k 23,533 13,385

627 652

209 420

a,105 206

3,929 34,867

2,516 5,396

962 25,993 L,502

13,649 761

2,296

U6,8iiU 15,310

872 8,767 1,311

106

20 , 985

+ 687 + 138 + 136 - 39*

+ 46 + 52

8 l 2

28 4o*

+ + +

+ 520 + 351 + 11 + 5 + 153 + 29

+ 356 - 24 + 195

+ 549 + 4 + 195 + 370 + 11 - 13

4B2 381 248 954

+ 145 + 183

- 73 64

+ 304 - 16 + 227 - 383 + 392 + 555 -1,451 + 121 + 292

+ 265 14

- 171

- 415 + 448 - 210 - 381 - 19

21

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.3 (For Immediate Release) June 16, 1949

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES

(In millions of dollars) New York City Chicago

June 15,

19^9

Increase or decrease since June

15, 194 9

Increase or decrease since June

15, 19^9 June 8,

1949 June %6,

1948

June 15,

194 9 June 8, 19k9

June 16, 1948

18,539 + 492 281 5,398 + 81 + 72 7 ,149 + 110 - 113 1,663 4- 31 - 147 7,243 + 110 - 102 1,684 + 32 - 138

4,776 5 - 396 1,258 + 2 - 156

581 + 47 + 154 11 + 2 15 492 + 25 + 139 58 + 28 + 28

61 + 8 + 16 • 16 2 165 - 3 - 25 48 —— - 13 206 - 4 + 58 74 + 4 177 + 31 - 12 9 - 7 + 9 785 + 11 - 36 210 + 7 + 7

10,289 + 361 189 3,288 + 62 + 175 1,095 + 290 + 219 376 + 55 + 188 1,425 + 3 + 362 446 3 + 101

127 + 4 - 424 185 + 1 - 98

934 + 7 + 625 289 mm mm + 205 5,146 + 129 - 939 1,280 49 - 158 1,562 - 72 - 32 712 - 46 - 63 1,101 + 21 + 21 447 - 12 + 44

5,098 + 282 + 19 1,243 14 -» 54 112 - 10 - 5 35 «- 1 - 2

35 —— - 1 160 * 16 - 11 383 — 36 - 52 46 — 12 + 2

15,357 + 362 277 3,811 30 54 1,643 + 4 + 90 1,364 + 116

246 + 38 - 17 82 + 23 — 13

2,903 + 301 — 72 1,021 + 18 - 79 1,108 + 3 - 60 46 4- 2 + 25

22 + 12 — 22 28 4- 27 - 14 619 + 8 - 28 44 - 1 + 1

2,269 " " + 66 486 1 + 25

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 carryings

U. Ss Govt, obligations Other securities

Other loans for purchasing or carrying:

U. S. Govt, obligations Other securities

Real estate loans Loans to banks Other loans

U. S. Government securities-total Treasury b i l l s Treasury cert, of indebt. Treasury notes U. S. bonds callable or maturing:

With in 1 year 1 to 5 years After 5 years

Other securities Reserve with F. R. Banks Cash in vault Balances with domestic banks Other assets - net - 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 Other l i a b i l i t i e s

CAPITAL ACCOUNTS

Debits to demand deposit accounts, except interbank and U. S. Govt. accounts, during week 8,526 1,851

#Beginning June 30, 1948, individual loan items deduction of valuation reserves, instead of net figures have been adjusted to a gross basis.

are reported gross, i . e . , before as previously reported. Year-ago

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Total F e d e r a 1 R e s e s r v e D i s t r i c t All

d is tr icts Boston | » £ k Cleve-I Rich-land 1 mond

Z T v"» w i n T i n z-\V

Atlanta i n r\"

0 h i o a < H k L K S b 1 O V K S X

San Francisco

A S S E T S Loans and investments - total Loans - net#

Commercial, industrial, & agr' l 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

U. S. Government securit ies-total Treasury b i l l s Treasury cert i f icates of indebtedness Treasury notes U. S. bonds

Other securit ies Reserve with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net

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

Borrowings Other l i a b i l i t i e s

CAPITAL ACCOUNTS

Foreign banks

Debits to demand deposit accounts, except interbank and 0 . S. Govt, accounts

#See footnote on previous page.

62,603 23,234 13,385

627 652

209 420

4,105 206

3,929 34,867

2,516 5,396

962 25,993 4,502

13,649 761

2,296 1,117

46,844 15,310

872 8,767 1,311

106 1,101 6,115

20,985

2,812 20,794 967 7,872 612 5,106

5 8

11 15

134 3

197 1,681

78 302 39

1,262 164 553

58 112

75

2,408 478

32 284 30 6

50 322

2,528 4,303

585 495

67 181 408 177 962

11,620 1,211 1,552

158 8,699 1,302 5,386

155 116 432

16,910 2,486

281 2,969 1,112

23 636

2,466

2,473 800

2,277 800

8,665 2,048 865

1,155 393

2,355 823

2,235 1,024

10,958 4,900

778 9,306

465 832 357 496 1,618 477 203 509 696 2,014

1 19 1 11 1 — « >11 4 23 17 7 7 63 5 2 4 6 15

3 32 13 14 21 10 6 6 14 12 7 21 19 26 57 11 5 11 38 29

91 279 193 67 338 164 65 130 87 2,149 3 mmrnm 2 6 14 — —— 1 — —

277 252 216 195 405 207 118 167 193 740

1,368 2,520 1,536 1,273 5,495 1,045 665 1,321 1,090 5,253 107 62 80 55 469 48 48 137 48 173 123 257 194 276 771 199 142 307 283 990

30 97 41 36 233 48 19 71 39 151 1,108 2,104 1,221 906 4,022 750 456 806 720 3,939

300 349 137 204 674 138 97 211 121 805

510 824 519 458 1,877 413 232 531 513 1,833 43 81 63 39 97 28 13 31 33 120

116 163 171 189 335 116 91 279 298 310 52 62 49 51 81 26 14 26 52 197

2,039 3,033 2,005 1,760 6,063 1,375 835 1,860 1,930 6,626 448 1,381 600 546 2,589 486 253 383 441 5,219

36 67 47 28 166 22 15 34 30 114 357 430 366 455 1,375 550 284 728 508 461 10 5 6 11 51 2 2 1 5 76 22 10 5 — 28 2 1 4 —— 5 26 41 21 26 64 16 15 13 15 178

311 466 225 188 719 178 100 199 202 739

671 1,172 737 662 2,892 567 372 733 647 2,448

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