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STATEMENT FOR THE PRESS
Form F. R. 28k
For immediate y e l e a s e

Board of Governors
of the Federal Reserve System
January 9 , I9k5

Condition of Weekly Reporting Member Banks in Leading C i t i e s
The c o n d i t i o n statement of weekly reporting member banks i n 101 leading c i t i e s
shows the 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 January 3*, A decrease of
$356,000,000 i n l o a n s ; i n c r e a s e s of $520,000,000 in holdings of United S t a t e s
Government o b l i g a t i o n s of which $1*36,000,000 was ip Treasury b i l l s , $ 1 5 1 , 0 0 0 , 0 0 0 .
i n balances with domestic banks, and $k08,000,000 in d e p o s i t s c r e d i t e d t o domestic
banks; and a decrease of $375*000,000 in demand d e p o s i t s adjusted.
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 declined $27,000,000 in New Yor%
C i t y , . $2k,000,000 i n the Chicago D i s t r i c t , $23,000,000 i n the Cleveland D i s t r i c t ,
and $103,000,000 a t a l l reporting member banks. Loans t o brokers and dealers f o r
purchasing or carrying 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 $186,000,000
and other loans f o r the same purpose declined $110,000,000, both l a r g e l y in New
York C i t y .
Holdings o f Treasury b i l l s increased $k23,000,000 i n New York C i t y and
$1*36,000,000 at a l l reporting member banks. Holdings of Treasury c e r t i f i c a t e s
of indebtedness d e c l i n e d $1*1,000,000 in the Chicago D i s t r i c t , $36,000,000 in the
San Francisco D i s t r i c t , and $9,000,000 at a l l reporting member banks, and increased
$62,000,000 in New York City. Holdings of United S t a t e s Government bonds declined
$71,000,000 i n New York C i t y and increased i n most of t h e other d i s t r i c t s ; the n e t
increase was $41,000,000#
Demand d e p o s i t s adjusted d e c l i n e d $175*000,000 in New York C i t y , $131*,000,000
i n the Chicago D i s t r i c t , and $375,000,000 at a l l reporting member banks. Time
d e p o s i t s increased i n n e a r l y a l l d i s t r i c t s and the t o t a l increase was $83,000,000,
Deposits c r e d i t e d t o domestic banks increased in n e a r l y a l l d i s t r i c t s , the
p r i n c i p a l increase being $21*3,000,000 i n New York C i t y .
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 reporting member banks follows $
Jan.
3,
1945
ASSETS

Increase or
decrease s i n c e
Jan. 5*
Dec. 27,
I9hh
l9ilU

( 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

59,887

+

150

+10,360

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 d e a l e r s 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
Other loans f o r purchasing or carryingi
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 banks
Other loans

12,630
6,1*15

-

356
103

+

1,21*5
721*

-

186
18

+
+

502

+

1,1*16

-

110

+
+

1,079
51
53
k7

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
Obligations guaranteed by U. S, Government
Other s e c u r i t i e s
Reserve with Federal Reserve Banks
Cash i n v a u l t
Balances with domestic banks

35k
1.05k
107
1,315
2,86k
10,090
9,301
21,1*53
615
2,93k
9,238
597
2,1*1*6

L I A B I L I T I E S
Demand d e p o s i t s adjusted
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

3k.667
7,696
43,915
9,875
890
97

Debits t o demand d e p o s i t accounts, except interbank
accounts, during week

17,076

Digitized forand
FRASER
U,S. Govt,


-

+
-

•
-

+
-

+
+
+
-

+

1
k
1*8
20

136
9
51
kl
1
Ik
90
60
151

— 375
+83
+
79
+ 1*08
1
- ck

+

-

+
+
-

+
+
+

+

+
+
+

1,927
80

161

60

315

1,1*20
k,58k
3,735
1,13k
lk3
522
k5
217

+ 035
+ 1,1*81
+ 6,967
+ *979
+ 7 0
+
Ii8

form i» R* 28l*a

STATEMENT FOR THE PRESS
Board of Governors
of the Federal Reserve System
January li, 19^5

For immediate release

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES
(In millions of dollars)
Hew York C i t y
I n c r e a s e or
decrease since
Jan* 3, Dec, 2 7 , J a n . 5 , J a n . 3,
19145
I9hh
I9l4.ll
19U5

Chicago
I n c r e a s e or
decrease 5 s i n c e
Bee.- 27, Jan • 5 »
I9I4.I1
-

A 8 8 B T 8
Loans and I n v e s t m e n t s - t o t a l
Loans - t o t a l

21,929
5,313

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
2,137
Loans t o b r o k e r s 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 :
U.S. Govt, o b l i g a t i o n s
991
Other s e c u r i t i e s
%h
Other l o a n s f o r p u r c h a s i n g or
carrying:
U.S. Gevt. o b l i g a t i o n s
707
Other s e c u r i t i e s
139
Real e s t a t e l o a n s
73
Loans t o banks
92
Other l o a n s
330
Treasury b i l l s
T r e a s u r y 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
i
Reserve w i t h F$ R. 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
Other a s s e t s - n e t

+3,768

5,150

- 83

+

885

- 2 08

+1,200.

1,161

-

8

+

186

-

27

+

h9

7li9

- 21

-

12

- 163
* lit

+
+

39U
120

91
39

- 1
.* 1

+

+
+

+
+

5L5
22
18

132
' 5h

+ 11
+ 5
--- 3

+

106

+

13
2
1

- U9

+
+
+

19
I)!:
297
192

+

205

76
7
2
5U
5

25

Lj.2

2
69

- 71

166
+ 299
+1,733
+1,378

253
1,055
795
1,810

162

~ 1
- ih

+

3,256
95
36
279

- 79
- 13
+ 6
- 3

+
+
+

73
7
12
5

12,1488
907
6,001

-175
+ lk
+ 75
+

9U8
3,U30
3,396
7,711

966

+ 1*23
+ 62
+ lit

+
+

I4.6

-

20

-

li
8

51
6

f

+
+

+

19

31
355

—+ 6

+

hh

391

+

203
39

+ 25
- 1
+ 11
+ 2

25
6
31
2

33
+ 1U2
+3,lli7

3,029
633
1,393

-100
+ 7
+ 22

+
+
+

1,170
16

+ 27

Ikl

71

hi

I4I

+

+

LIABILITIES
Demand d e p o s i t 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 deposits 3
Domestic banks
F o r e i g n banks
Borrowings
Other l i a b i l i t i e s

CA PITAL ACCOUNTS

3,131
. 803
70
357
1,788

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 i n t e r b a n k and U.S.Govt*
a c c o u n t s , d u r i n g week
7,812



2li3
- l
- 52
- Xh
+ 26

+
+

3U8
66
51

36

98

1,577

+

-

1
1

87
120
729
11+2
2

- -

*- ••

39
350

-

+
+

--

11

28

Form F. R, 28l*b

ASSETS AND LIABILITIES
Total
All
New
d i s t r i c t s Boston York

ASSETS

Loans and Investments - total
Loans - t o t a l
Commercial, industrial, & agr*1 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
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
Obligations guaranteed by U.S»Governmant
Other securities
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
U. S. Government deposits
Interbank 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



59,887
12,630
6,1*15

e d e r a I
R e s e r v e
Di s t r i c t
Phila- Cleve- RichSt.
Minne- Kansas
San
delphia land mond Atlanta Chicago Louis apolis City Dallas Francis co
(In millions of dollars}
3,151* 21*, 005 2,1*68 1,720 1,973 1,503
8,982
1,895 1,200 1,972 1,681
6,076
1*28
5,678
69U
331*
1,673
363
1*67
230
959
358 1*10 1,056
1*17 2,597
229
211*
11*3
266
120
398
225
271
999
536

1,215
721*

1*1*
18

1,1*16
351*
1,03k
107
1,315
2,861*
10,090
9,301
21,1*53

19
16
61*
3

113

202
655
1*02

1,132

2,931*

12
57

9,238
597
2,1*1*6
1,21*8

1*1*3
63
131*
58

615

31*, 667
7,696

13,915
9,875
890

97
1,671*
1*,602
17,076

%

8

71*3
11*9
7
162
15
9
11*8
160
36
92
5 - 101*
125
391
222
1,016
171*
3ol*
813
3,760
625
293
3,75L
8,565 1,051* 1,81*2
62
190
1*3
1,01*2
236
153

1*
31*

993
552

1*01

3,1*88
128
129
321*

31
102

50

13,806 1,671 2,905
1,1*36
189 1,055
900
6,391
551*
839
306
3,253
565
377
18
805
3
9
- 1
85
26
18
370
37
231*
1*52
: 269 • 1,928
339

787

8,265

-

653

95
1*5

3
5

3
1*

60
9
1*8
1
59
118
308
319
817
19
58

1*1*
8
21*
1
65
51*
265
375

220

28
9
66
3
87
72
297
322
562
20
113

30
5
23

330
38

322

6

7 62
77
211*
72

1,983

•

1
6

23

1,096

I89

50

6ol*

19

123

29
151*
35

1,132 1,085
279
327
261*
519
1*1*8
535
2
5
»

60
133

2
119
399
1,757
1,375
3,170
75
533
1,1*26
101*
1*1*2
72

82
118

12
115

5,166
1,526
2^075
1,651
2o
3
50
535

1*30

1*38

2,1*88

—

— -

*»

992
273
317
618
1
7
9
122
1*16

58
95
31*3
357

52
30
293

—•

132

171
11
103
13

387
23
297
22

337
21*
257
31

853
1*8

1,161* 1,11*5
226 210
321
309
81*9 51*6
- 2
- —
1
6
7
112
133

2,989

629

167
332
282
2
—

«•»

1*1
21
22

72

1*38
11

21

10
37

1*

21*
23

51
92
323
261
530
20
1*5

206

126

23

—

1*5
1*1*
199

318
21

1
1*

—

7
79
261*

652

35

562

490

98
376
1,066
1 ,.012
2,087
109
370

299

500

1,669

l,09l*
1*1*5
23

— '•

1,050
506

1,187