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Form F, R, 28l* For immediate release STATEMENT FOR THE PRESS Board of Governors of t h e Federal Reserve System February 23, I9UU 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 s t a t e m e n t 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 the week ended February 23$ Decreases of $202,000,000 in t o t a l l o a n s , $1*36,000,000 i n holdings of T r e a s u r y b i l l s , $199,000,000 i n b a l a n c e s with domestic banks, $610,000,000 i n United S t a t e s Government d e p o s i t s , and $563,000,000 i n d e p o s i t s c r e d i t e d t o domestic banks, and an i n c r e a s e of $393,000,000 in demand d e p o s i t s * a d j u s t e d . 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 d e c l i n e d $3!*,000,000. 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 United S t a t e s Government o b l i g a t i o n s declinedjflbli^DOO,000, l a r g e l y i n New York C i t y ; o t h e r loans f o r t h e same purpose dec l i n e d $19,000,000 i n t h e San Francisco D i s t r i c t , $16,000,000 i n New York City, $11,000,000 in t h e A t l a n t a D i s t r i c t , and $65,000,000 a t a l l r e p o r t i n g member banks. Holdings of Treasury b i l l s d e c l i n e d $158,000,000 i n New York C i t y , $127,000,000 i n the Chicago D i s t r i c t , and $136,000,000 a t a l l r e p o r t i n g member banks. Holdings of Treasury c e r t i f i c a t e s of indebtedness i n c r e a s e d $37,000,000, Holdings of United S t a t e s Government bonds i n c r e a s e d $22,000,000 i n t h e Cleveland D i s t r i c t , $19,000,000 i n t h e San F r a n c i s c o D i s t r i c t , and $33,000,000 a t a l l r e p o r t ing member banks, and d e c l i n e d $22,000,000 in New York C i t y . 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 i n n e a r l y a l l d i s t r i c t s and t h e t o t a l i n c r e a s e was $393,000,000, United S t a t e s Government d e p o s i t s d e c l i n e d in a l l d i s t r i c t s and t h e t o t a l d e c r e a s e was $610,000,000. Deposits c r e d i t e d t o domestic banks d e c l i n e d i n a l l d i s t r i c t s , t h e p r i n c i p a l d e c r e a s e s being $168,000,000 i n New York C i t y and $112,000,000 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 $563,000,000. A summary of the p r i n c i p a l 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, and of d e b i t s t o demand d e p o s i t a c c o u n t s , f o l l o w s : I n c r e a s e or decrease since Feb. 16, Fob. 'dh, Feb. L 1 A m 'n'm m ' 23, I9UU I9hh '1 1 4 nn ct -"/•YU 191*3 r\1Pnl r1 n rfi A Loans and Investments - t o t a l 53,267 - 587 +11,911 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 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 Qtbar loans f o r pur chasing 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 loans Loans t o b exiles Other loans 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„ E, b vp-Is O b l i g a t o r s guaranteed b y U, S. Government Other s e c u r i t i e s 11,670 - 202 + 2,027 Reserve with Federal Reserve Banks Cash in v a u l t Balances with domestic 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 U. S. Government d e p o s i t s I n t e r b a n k d e p o s i t s ; Domestic banks Foreign banks Borrowings to demand Debits http://fraser.stlouisfed.org/ and Bank U. S, Federal Reserve of St.Govt, Louis 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 a c c o u n t s , d u r i n g week 6,1*12 1,109 603 838 318 1,092 70 1,228 3,639 9,073 5,673 18,563 1,752 2,31*2 8,320 560 2,122 - - 65) 37) + - 22 2 - 1*36 + 37 - 10 + 33 8 1 - 13 + 31 - 199 12,519 - 3,333 - 51 - 11*131 370 + 1,105 + + 320 + - 1*1*) + 2) 31,902 6,327 3U + 393 17 - 173 1*61* + 1,603 + 5,269 - 161 1*30 - 1,125 + 21 - 1*70 + 773 9 lit 9,126 + + 10 + 6 81* 1 + 1*,070 610 563 310 1,009 98 10 Form F. R» 284a STATEMENT FOR THE PRESS Board of Governors of t h e Federal Reserve System February 24, I9l4.il For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) New York City Increase or Feb. decrease since Feb > • 16, Feb . 2k, 23, 1943 w Feb. 23, 1944 19,627 - 311 +3,659 5,020 - 93 +1,004 Loans - t o t a l 4,867 - 101 +1,365 1,014 - 11 • Commercial, i n d u s t r i a l , and agricultural loans 2,474 - 5 + 760 - 5 359 46o - 32) 5) + 335 524 - 16) 39) + 14 + 500 3 12 43 , CD to 1 Chicago Increase or decrease Feb s 16, Feb. 2k, 1944 1943 A S S Li T S v * ' Loans and Investments-total 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 i U. S* Gov*t o b l i g a t i o n s Other s e c u r i t i e s Other loans f o r purchasing or 4- carrying*. U« S t Gov't 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 at e loans Loans to banks Other loans 130 89 51 230 - Treasury b i l l s Treasury cert, of indebt. Treasury notes U. Sf bonds Obligations guaranteed by U. S#Government Other securities 1,106 3,267 1,933 6,597 - 929 - Reserve with F, R. Banks 3,063. Oash in vault Balances with domestic banks Other assets - net 923 92 28 313 - - 49 10 7 4 60 219 62 324 528 9 4 9 773 42 176 43 108 33 +3, 386 2,904 •525 1,245 432 98 12 3 130 1,017 13 22 62 7 2 2 + + + +1,742 - 4+ + —) . 1) - l 447 993 533 1,642 - + 59 41 23 W 614 +1,305 140 153 9 4) 49 32 ) -- + 1 90 6 6 7 - — + + 52 + 61 1 4 • + + f 12 15 378 148 347 • 1 22 - 43 4o 3 41 - l + 34 + + - 115 - - 211 * + 136 1 15 4 L I A B I L I T I E S Debits to demand deposit accounts, except interbank and U.S.Gov't accounts, during week 4,490 237 1 296 + - 168 13 19 4 - - + + - + + + - l 60 + + l 2,610 740 23 311 1,705 + CO CAPITAL ACCOUNTS 11,737 767 5,230 0- Demand deposits-adjusted Time deposits U* Se Government deposits Interbank deposits Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s 30 62 900 143 l -- — «*• 33 322 1,106 + 1 • 12 24 L Q O TP m 0 Total All districts B °sHyo" 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 , & agr*1 loans Loans t o brokers and dealers for purchasing or carrying* 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 loans f o r purchasing or carrying: 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 heal e s t a t e loans Loans t o banks Other loans 53.267 11,670 6,112 2,925 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. £L bonds Obligations guaranteed by U.S.Government Other s e c u r i t i e s F e d e r a l 1t e s e r v e D i s t r i c t Phila- Cleve- RichS t . Minne-1 Kansas Atlantaj Chicago delphia land mond Louis a p o l i s j City 2,515 4,252 654 407 21,429 5,236 2,639 469 262 1,&09 603 51 17 864 468 838 318 1,092 70 1,228 6 22 64 7 100 543 154 169 51 348 5,689 9,073 5,678 18,563 1,752 2,842 245 598 322 973 46 87 1,207 5,558 2,156 7,524 975 1,015 171 557 180 910 Reserve with Federal Rsserve Bank Cash in v a u l t Balances w i t h domestic banks Other a s s e t s - n e t 8,320 560 2,122 1,544 392 57 112 78 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 II. 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 51,902 6,327 12,519 8,355 820 51 1,548 4,515 Debits t o demand d e p o s i t accounts accounts 11,131 interbank and U.S.Govt, 1,570 8,151 1,624 899 410 1,685 287 151 552 207 1,478 1,022 17 51 101 15 5 4 5 5 6 8 58 45 14 166 8 142 29 1 57 54 6 27 1 69 177 290 632 4-51 1,652 88 240 142 248 198 708 44 56 85 263 215 494 52 111 5,515 124 117 566 556 50 77 62 645 70 221 87 262 57 145 60 1,838 282 889 247 17 4 26 261 12,971 1,209 5,570 2,674 741 28 516 1,840 1,526 170 584 508 7 1 15 229 2,599 896 821 475 2 543 4,806 444 - - 107 % Dallas San Francisco 1,785 1,586 5,155 4io 245 1,056 205 117 545 226 540 228 995 518 52 58 l 5 2 2 l 5 5 4 29 15 81 46 157 l 101 22 8 64 1 64 15 5 19 15 8 40 21 17 20 23 19 299 45 54 750 1.580 918 2,719 I98 508 92 265 175 550 42 110 70 204 107 571 28 51 158 555 251 542 50 126 89 277 168 418 46 48 272 27 140 59 1.272 99 585 84 274 20 107 22 157 11 77 15 566 22 298 21 275 22 222 52 740 41 223 478 960 254 276 454 4 867 224 505 519 1 15 7 111 1,094 178 291 796 997 166 250 415 2 2,562 1,556 - 1,020 407 25 11 109 4,904 1,222 1.864 1,447 16 2 41 495 549 155 250 278 6 52 428 1,055 257 401 555 1 l 65 112 6 74 6 127 6 101 819 428 746 3?1 329 1,81*1 311 197 398 315 880 n. h9 mmrn mrnmm mm mm- U7 94 412 798 557 1,942 116 515 mm*
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