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STATEMENT FOR THE PRESS B o a r d o t 0 o T „ r a o r s Form F, R. 284 of t h e Federal Reserve System For immediate r e l e a s e August 1 , 1944 Condition of Weekly Reporting Member Banks i n Leading C i t i e s The c o n d i t i o n statement of weekly r e p o r t i n g member banks i n 101 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 J u l y 26: Decreases of $ 2 7 2 , 0 0 0 , 0 0 0 i n l o a n s , $ 4 8 4 , 0 0 0 , 0 0 0 i n U n i t e d S t a t e s Government d e p o s i t s , and $ 2 0 9 , 0 0 0 , 0 0 0 i n d e p o s i t s c r e d i t e d t o domestic banks, and ap i n c r e a s e of $558,000*000 i n demand d e p o s i t s a d j u s t e d . Loans t o brokers 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 United S t a t e s Government o b l i g a t i o n s d e c l i n e d $159 *000>000 and -other l o a n s f o r the same purposed e c l i n e d $ 8 l , 0 0 0 , 0 0 0 , b o t h l a r g e l y i n New York C i t y , Holdings of Treasury b i l l s d e c l i n e d $59>000,000 i n New York C i t y , $ 4 8 , 0 0 0 , 0 0 0 i n the Boston D i s t r i c t , and $ 8 6 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member banks, and i n c r e a s e d $21+,000,000 i n the Cleveland D i s t r i c t . Holdings of Treasury 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 $55»000,000 i n New York City and $ 1 6 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member banks, and d e c l i n e d $ 2 8 , 0 0 0 , 0 0 0 i n the San F r a n c i s c o D i s t r i c t and $ 2 0 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t , Holdings of United S t a t e s Government.bonds i n c r e a s e d $45*000,000 i n the San Francisco D i s t r i c t and $105,000',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 $ 2 4 8 , 0 0 0 , 0 0 0 i n New York C i t y , $97#000,000 i n t h e Chicago D i s t r i c t , $ 7 2 , 0 0 0 , 0 0 0 i n the Cleveland D i s t r i c t , $ 4 5 , 0 0 0 , 0 0 0 i n t h e Richmond D i s t r i c t , and $ 5 5 8 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member banks. U n i t e d S t a t e s Government d e p o s i t s d e c l i n e d i n a l l d i s t r i c t s * D e p o s i t s c r e d i t e d to domestic banks d e c l i n e d i n most d i s t r i c t s , the p r i n c i p a l d e c r e a s e s b e i n g $95 *000,000 i n New York City and $49*000,000 i n t h e Chicago D i s t r i c t ; t h e t o t a l d e c r e a s e a t a l l r e p o r t i n g member banks was $ 2 0 9 , 0 0 0 , 0 0 0 . 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 : July 26, 1944 A S S E T S ( I n m i l l i o n s of d o l l a r s ) • Loans and Investments - t o t a l Loans - t o t a l 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 dealecrs 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 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 l o a n s Loans t o banks Other l o a n s + + 2,248 460 880 609 -159) - 27) + 497 1,518 546 1,070 84 1,552 - 81 + 1,285 + 6,088 11,109 7,505 19,404 625 2,878 8,761 556 2,280 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 U. S. Government d e p o s i t s Interbank d e p o s i t s : Domestic banks Foreign banks Borrowings +10,585 -259 -272 + 20 .57,065 11,727 5,821 Treasury b i l l s Treasury 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 n o t e s U. S, bonds Obligations guaranteed by U. S. Government Other s e c u r i t i e s Reserve w i t h Federal Reserve Banks Cash i n v a u l t Balances w i t h domestic banks D e b i t s t o demand d e p o s i t s a c c o u n t s , e x c e p t http://fraser.stlouisfed.org/ Federal Reserve nriri Bank IT. ofS St. . Louis Govt. accounts . during week I n c r e a s e or decrease s i n c e J u l y 2d, July 19, 19l»4 1945 55,505 6,870 14,054 8,655 894 79 interbank 12,596 + 20 - 2 - 20 - 86 + 16 - 2 + 87 57 56 + 657 4,080 + 2,651 +105 + 5 - 5 + 75 - 5 - 7 + 5,416 1,102 55 47 17 42 +558 +, 52 -484 + - 45 -209 + 8 - 69 - + + ir + + + 557 1,075 9,217 60 112 47 Form F. R. 28i|.a STATEMENT FOR THE PRESS Board of Governors of t h e Federal Reserve System July 27, 19kh For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BAMS IK CENTRAL RESERVE CITIES (In m i l l i o n s of d o l l a r s ) New York City Increase or July decrease s i n c e ' July 26 July 19, July 25, 26 19hk 19W: 19V1 19U3 , Chicago Increase or decrease ; since July 19, July 28, 19iti+ I9b3 ASSETS Loans and Investments - t o t a l 20,905 Loans - t o t a l h,Q7k 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 2,323 Loans t o brokers and d e a l e r s f or purchasing or c a r r y i n g : U. S. Govt, o b l i g a t i o n s 668 Other s e c u r i t i e s b73 Other loans f o r purchasing or carrying: U. S. Govt, o b l i g a t i o n s 759 Other s e c u r i t i e s 11+8 Real e s t a t e loans 80 Loans t o banks 7b Other loans 3b9 - 206 5,359 +1 ,290 1,082 - 27 + 9bd 2 +270 + 96 + 51 + 102 - 207 + 20 + l&L 751 + b 109 32 + 307 7 62 28 - 5) + 725 hb - 13 23 + - Treasury b i l l s Treasury c e r t , of i n d e b t . Treasury notes U. S. bonds Obligations guaranteed by U, S. Gove rnment Other s e c u r i t i e s 1,299 It ,012 2,739 6,81+8 Reserve with F. R. Banks Cash i n v a u l t Balances with domestic banks Other a s s e t s - n e t 3,221 88 27 303 + 12,197 + 813 + 199 93b ^,65b • + + 45) 15) 1 hi + 8 51 75 59 33 181 + 1,3l9 + 931 1,166 h + 25 + 2 h + + UQ 105 1 17 - h37 928 1,701 - 655 8 30 329 32 8b9 h2 + b ?. 2) 1 * - + 7 20 + 186 + 5 1 2 - 2 1 3 2 - + 11 h6 + 625 101 +3 ,809 3,122 561 + 1+2 110 32 59 109 1,068 lis. + 2 - 61U + — 1) 99 + , 22 62 369 159 251 + w 1 + b2 + + + 3 15 3 LIABILITIES 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 U. S. Government d e p o s i t s Interbank d e p o s i t s ; Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 5.71+6 2,826 810 56 361+ 1,732 Debits 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, accounts , during week ^ - 2JU8 7 195 + 95 + 8 + - 67 13 2 + + + 1,3^6 - - 1,119 + 5h + "b + 32 + hi - - 3b 337 59 1 + + 2 + k2 93b 29 1 5 32 Total HI Boston districts Loans and Investments - t o t a l Loans - t o t a l Commercial, i n d u s t r i a l , & a g r ' l l o a n s Loans t o brokers 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 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 Real e s t a t e l o a n s Loans t o banks Other l o a n s 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« 8 . bonds O b l i g a t i o n s guaranteed by U.S.Government Other s e c u r i t i e s Reserve w i t h Federal 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 U- S-. Government d e p o s i t s Interbank d e p o s i t s : Domestic banks / Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS — T 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 interbank and U . S . G o v t , accounts 57,065 11,727 6,088 3,131 669 4l4 880 609 25 19 1,318 346 1,070 11 20 62 1,332 5 113 % 3,821 11,109 7,503 19MoU 623 2,878 8,761 556 2 ,280 1,312 33,503 6,870 14,03k 8,653 894 79 1,519 4,422 12,596 A 271 672 359 1,048 15 97 413 58 118 60 1,944 305 936 270 16 F e d e r a l R e s e r v e D i s t r i c t New P h i l a - Cleve- RichS t . Minne- Kansas Atlanta Chicago York d e l p h i a land mond Louis a p o l i s City 22*804 2,416 4,552 1,838 5,237 2,485 439 241 4oi 889 319 111 672 9 33 64 13 4 6 105 13 164 77 10 50 477 78 9 171 157 75 4ll 9 36 2 — 5,524 980 8,801 1,581 1,018 409 221 1 5 70 34 1 5 1 2 2 3 3 39 150 28 7 65 1 14 4 23 21 7 38 27 19 20 6 26 1 49 •133 mmmm 1,686 1,119 1,886 1 88 345 218 99 467 27 11 51 31 296 mm mm . 129 59 69 127 81 45 56 42 91 194 398 234 928 54 310 858 518 1,697 120 331 93 347 313 534 24 114 286 27 164 36 707 1,955 1,096 51 332 2I4.0 70 125 369 297 125 348 215 46o 377 924 771 2,050 79 343 810 4g 376 28 77 56 15,416 1,292 1,569 181 45 169 235 700 71 230 607 263 733 16 56 262 36 193 79 63 2,799 953 915 496 5 1,077 258 522 3^4 1,024 287 387 426 4 42 265 16 230 U k ! 75 115 10 111 633 5,796 506 190 341 330 4 1,572 360 249 1,736 311 164 2,892 812 66 371 1,870 2 San Franciscc 103 1,378 4,335 3,056 7,566 225 1,007 3,448 120 105 351 6,109 8 Dallas 340 7 3 1 mmtm 23 % 2,876 76 510 1,363 96 409 80 5,251 1,336 2,087 1,496 17 3 230 535 21 108 273 20 120 21 899 246 345 502 1 515 5 9 113 1,920 337 bh 151 391 11 68 157 11 84 14 610 146 307 233 6 mmm* 586 20 37 127 377 23 286 20 296 24 231 31 1,127 1,070 200 343 786 W W 4U 186 335 JJ47 263 501 2,717 i,48o 1 1,141 421 24 •» w 6 6 77 130 7 108 447 211 JUJU8 311 973 910
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