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STATEMENT FOR THE PRESS Form F* R, 284 For immediate r e l e a s e Board of Governors of the Federal Reserve System July 2 5 f , 1 9 4 4 Condition of Weekly Reporting Memb;er 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 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 July 191 A d e c r e a s e ] of $352,000,000 i n l o a n s j i n c r e a s e s of $50^,000,000 i n h o l d i n g s of United S t a t e s Government o b l i g a t i o n s and $464,000,000 i n demand d e p o s i t s a d j u s t e d ; and decreases of $283,000,000 i n United S t a t e s Government d e p o s i t s and $4o6,000,000 i n d e p o s i t s c r e d i t e d t o domestic banks, Loans t o brokers and d e a l e r s 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 $200,000,000 i n New York City and $223,000,000 at a l l r e p o r t i n g member banks. Other loans f o r the same purpose d e c l i n e d $46,000,000 i n New York C i t y , $ 2 9 , 0 0 0 , 0 0 0 i n the A t l a n t a D i s t r i c t , $ 2 5 , 0 0 0 , 0 0 0 i n the Chicago D i s t r i c t , and $ 1 7 6 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member banks. Holdings of Treasury b i l l s i n c r e a s e d $231).,000,000. 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 £60,000,000 i n New York C i t y , $ 4 l , 0 0 0 , 0 0 0 i n the Chicago D i s t r i c t , and $ 5 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member banks, and increased i n most of the other d i s t r i c t s . Holdings of Treasury n o t e s i n c r e a s e d $42,000,000 i n the San F r a n c i s c o D i s t r i c t , $24,000,000 i n t h e Atlanta D i s t r i c t , $20,000,000 i n the Chicago D i s t r i c t , and $84,000,000 a t a l l r e p o r t i n g member banks. Holdings of United S t a t e s Government bonds i n c r e a s e d 841,000,000 i n the San F r a n c i s c o D i s t r i c t and $1^&,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 $181,000,000 i n ^Jew York C i t y , $72,000,000 i n the San Francisco D i s t r i c t , and $464,000,000 a t a l l r e p o r t i n g member banks. United 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 except the Richmond D i s t r i c t , D e p o s i t s 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 , A summary of the 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, follows; Increase or decrease s i n c e july-arJuly'12 1944 A S S E T S Loans and I n v e s t m e n t s *» 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 l o a n s 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 ^r 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 ^ 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 xtions Other s e c u r i t i e s Real e s t a t e l o a n s L 'ans t o banks Other l o a n s 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 F o r e i g n banks Borrowings 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 i n t e r b a n k d u r i n g week Govt, a c c o u n t s , T.. i ,. TO n • 6,068 1,019 636 - 223*) *• 17*) 1,399 - 176 ) 11,999 326 1,072 127 1,352 Treasury b i l l s T r e a s u r y 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, St bonds O b l i g a t i o n s g u a r a n t e e d by U, S. Government Other s e c u r i t i e s Reserve w i t h F e d e r a l Reserve Banks Cash i n v m I t Balances w i t h d o m e s t i c banks 5,907 11,093 7,505 19,299 620 + 6 2 + 53 + 7 + 284 5 + 84 + 146 2 82 2,831 - 8,686 - 33 * 25 - 138 561 2,287 32,9^5 6,838 14,518 8,862 886 , +10,692 * 2,550 + 450 + 93 - 332 + 28 57,304 148 13,940 + 464 + 35 - 283 r 4o6 +• 8 + 84 1943 ) 707 + 1.331 87 + ,79 - 855 + 70 + 4,108 + 2,642 + 3,399 - 1,077 75 54 33 20 44l + 1,105 + 9,133 + 65 + 113 + 114 Form F. R. 28^a STATEMENT FOR THE PRESS Board of Governors of t h e Federal Reserve System J u l y 2 0 , 191+1+ 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 C i t y I n c r e a s e or decrease since July J u l y 12, J u l y 2 1 , 19, 19U3 19UU 19^ July 19, 19UU Chicago I n c r e a s e or decrease since J u l y 12, J u l y 2 1 , 19^3 19U+ A S S E T 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 d e a l e r s f o r purchasing or carrying1 U. S„ Govt, 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. Govt, 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 l o a n s 21,111 + 19 +3,807 5,386 - 38 +1 ,001 5,081 .158 +1,516 1,081+ - 33 + 283 2,303 + 10 + 160 Ibl + + 101 777 505 -200 + 2 + 1+1+1+ 32 80U 133 81 121 357 T 1+6) - 3) + 61+ + 15 Treasury b i l l s Treasury c e r t , o f i n d e b t . Treasury n o t e s U. S. 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 1,358 3,979 2,735 6,823 +287 - 60 - 23 + 17 197 938 - 1 - 1+3 Reserve w i t h F. R, 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 3,116 88 26 286 - 18 - 7 11,91+9 806 5,91*1 +181 + 9 -133 2,921 802 123 351 1,73k -161+ + 5 + 91 + 3 - l + f + + 3 17 95 56 - 12) - 2) 60 - 20) 1) 100 100 1+2 23 - 77 - - 1 1 + 23 + 50 - 38 + 15 - 12 + + 275 + r ,337 + 909 + 968 14+1+ 1,186 611+ 1,696 630 18 31 331 13U 7 5 2 851 1+1 I83 608 99 ,753 3,063 560 1,393 1+0 2 - 25 5b lib 1,102 ll+ - • • + * - M-V 67 28 3 - Lib -20 + - + 15 3 10 1 + k6 399 158 253 - 39 7 4- 25 1 7 3 , + + + 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 f o r e i g n banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 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.Govt. 6,002 a c c o u n t s , during week + + + + + + 93 1+7 121 38 335 1,351 + - + + 5b — 4•* 6 k 73 81 4- 926 4+ 4* 4- 59 1 " 12 31 Form F . R. 284b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES, JULY 1 9 , I9JUI4. All d i s t r i c t s Boston F e d e r a 1 R e s e r v e D" i 8 t r i c t New P h i l a - Cleve- RichYork d e l p h i a land mond A t l a n t a Chicago S t . Minne- Kansas Louis a p o l i s C i t y D a l l a s A O O TP T O Loans and I n v e s t m e n t s - 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 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 . 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 57,304 11,999 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 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 3,907 11,093 7,505 19,299 620 2,881 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 F o r e i g n banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 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. Govt, accounts 6,068 1,019 636 1 . 3 99 326 1,072 127 1,352 8,686 561 8,287 1,287 32,945 6,838 14,518 8,862 886 148 1,511 4,417 13,940 3,162 673 415 23,000 29 17 792 508 33 13 20 63 834 156 158 122 420 2 114 319 667 357 1,033 15 98 421 58 117 60 5,455 2,465 1,424 4,297 3,051 7,539 223 8,827 112 1,712 314 164 61 13 10 4 8 8 110 36 164 85 8 51 2,428 4Uo 242 4,513 889 396 1,841 8 2 103 203 402 234 925 54 1,011 170 3,343 121 369 29 75 55 • 110 33b 1,947 304 965 13,152 278 16 4 4o 1,283 6,316 2,989 264 804 133 358 1,873 655 6,459 1,554 181 626 3Ul 7 2 15 13 328 1,018 1,694 409 219 1,114 193 103 1,892 344 l 5 74 34 2 5 2 2 42 158 26 48 133 31 7 64 1 14 4 6 1,592 mm ***» 214 1 1,565 364 252 San Francisco 5,556 998 468 38 3 2 23 296 102 23 38 29 17 20 a 8 11 52 31 127 80 46 56 119 329 257 737 16 55 70 81 708 1,975 1,096 2,868 76 512 69 328 230 62 338 312 533 24 110 239 529 21 108 390 132 365 297 589 37 128 120 346 210 461 20 a 384 952 791 2,007 79 345 298 27 194 36 1,375 98 989 78 264 20 122 21 157 11 376 23 #9 21 300 23 809 229 79 273 35 105 62 2,727 950 942 507 4 1,034 257 565 354 l 1,021 285 879 245 360 507 1 6 10 598 146 317 233 6 6 6 112 76 130 6 107 361 223 470 365 132 58 286 855 519 1,688 a 232 701 73 230 23 w 70 115 11 110 5,154 1,329 2,159 1,545 17 3 47 513 582 831 354 360 2,218 398 438 4 151 11 68 14 mm mm 1,110 199 356 800 230 30 1,053 185 346 1J49 2 43 2# 497 2,716 1,474 1,168 421 24 — 919 UU6 1,012
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