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^Congressman T a l l e c a l l e d at 1:05 and asked me to have you furnish him the following information a s early today a s p o s s i b l e : What in he in i s the portion of deposits in banks invested government s e c u r i t i e s — i f any d i f f e r e n c e , a l s o wants portion of bank a s s e t s invested government bonds. What i s the amount of government s e c u r i t i e s held by: (wants the breakdown) Individual s BOARD OF GOVERNORS • F THE F E D E R A L R E S E R V E SYSTEM Office Correspondence To Chairman Eccles prom Richard A. Misgrave _ M . i v , Tall©. Attachment Date Subject- APril ia, ^ I am attaching the information requested "by Congressman Banking Data a s of December 31B 19^5 ( i n Million d o l l a r s ) TT* S* Goverrgaent Securities a s a Percentage of Loans and Investiaents Banks All Coggaercial Banks ( 1 ) Loans and Investments lU0 # 2 12U.0 (2) IT* S* Security Holdings 101.3 90*6 ( 2 ) a s % of ( 1 ) 73*l£ U* S» government Securities a s a Percentage of Bank Deposits (3) Total Deposits 165*6 150*2 105*9 105*9 Time Deposits 1*5*6 30.2 Interbank ll;*l li**l 61*2$ 60*3$ Demand Deposits ( 2 ) a s % of (3) Distribution of Ownership of U* S* S e c u r i t y ^ Held By Commercial Banks 90*0 Bitual Savings Banks 10.7 Insurance Companies 2^*1 Corporations 66*7 Individuals 23*0 Other 3 / 10*14. Total* privately held 2J&*9 Government Agencies 27*0 Federal Beserve Banks 2k»3 Total, i n t e r e s t bearing s e c u r i t i e s 2/6*2 l / Includes holdings by State and local governments* savings and loan a s s o c i * Ttions* foreign holdings* brokers and dealers*
@FedFRASER