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BOARD OP GOVERNORS OF THE FEDERAL RESERVE SYSTEM

H,l+.2

( F o r Immediate Release)
June 10, I9I+7
CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

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 June in Decreases of
$636,000,000 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 $720,000,000
i n United S t a t e s Government d e p o s i t s , and an i n c r e a s e of $2)7,000,000 i n demand
deposits 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 decreased 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 decrease a t a l l r e p o r t i n g member banks was $1+1+,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 secur i t i e s i n c r e a s e d $50,000,000* Loans t o brokers and d e a l e r s f o r purchasing or c a r r y ing other s e c u r i t i e s increased i n nearly a l l d i s t r i c t s , the p r i n c i p a l increases
being $83,000,000 i n t h e Chicago D i s t r i c t and $71,000,000 i n New York C i t y ; the i n c r e a s e a t a l l r e p o r t i n g member banks was $175,000,000.
Holdings of Treasury c e r t i f i c a t e s of indebtedness decreased $178,000,000 i n
New York C i t y , $87,000,000 i n t h e Chicago D i s t r i c t , and $328,000,000 a t a l l r e p o r t i n g member banks, r e f l e c t i n g t h e p a r t i a l redemption of a maturing s e r i e s . Holdings
of Treasury b i l l s decreased $11+6,000,000 i n t h e Chicago D i s t r i c t , $55,000,000 i n
t h e San F r a n c i s c o D i s t r i c t , $50,000,000 i n New York C i t y , and $532,000,000 a t a l l
r e p o r t i n g member b a n k s .
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 $118,000,000 i n t h e Boston D i s t r i c t ,
$105,000,000 i n New York C i t y , $1+2,000,000 i n the Cleveland D i s t r i c t , and
$237,000,000 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 dec r e a s e d i n a l l d i s t r i c t s . Demand d e p o s i t s c r e d i t e d t o domestic banks i n c r e a s e d
$161*, 000,000.
Borrowings i n c r e a s e d $1+2,000,000 i n New York C i t y and $77,000,000 a t a l l r e p o r t i n g member b a n k 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 *
I n c r e a s e or
decrease s i n c e
June 5,
May 28,
191*6
I9h7

ASSETS
Loans and investments - t o t a l
Loans - t o t a l
C o m m e r c i a l , 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
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 loans 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 loans
Loans t o 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 n o t e s
U. S, bonds
Other s e c u r i t i e s

June
u,
w
( I n m i l l i o n s of d o l l a r s )
-8,725
3k,606 - 318
•2,1+96
17,238 + 21*6
t3,l6l
10,630
bh
765
536

50

+

+ 175

1+71+
1+08 1,71+2
232 +
2,1+51 +

2
3

-

511+
208

51
19
332
328
9
15
72

-1,155
1+0
+ 503
+ 152
+ 597
- 812
-5,972
-l+,3hh
- 251
+ 158

--

393
3,855
2,369
23,226
3,525

-

Reserve w i t h F e d e r a l Reserve Banks
Cash i n v a u l t
Balances w i t h domestic banks

10,134
619
2,033

+

170
37
1

- 61
+
39
-•> .85

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 e x c e p t Govt.
U, S. Government d e p o s i t s
I n t e r b a n k demand d e p o s i t s t Domestic banks
Foreign banks
Borrowings

1+0,139
10,739
386
8,501
1,279
229

+ 237

+ 668
+ 675
-9,736
- 851
+
1+9
+
56

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. Gevt, a c c o u n t s , d u r i n g week



15,832

•

+
+
+

-

—
-

720

+ 16h
+
k
+

77

H.iu2( a )

ASSETS AND LIABILITIES OP WEEKLY REPORTING MEMBER
Total
All
Boston New P h i l a districts
York de Iphia

ASSETS
Loans and investments - t o t a l
Loans - t o t a l
C o m m e r c i a l , i n d u s t r i a l , & a g r ' l loans
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 loans 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 loans
Loans t o banks
Other loans
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 notes
U. S. bonds
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 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

5k,606 2,783
17,238.
902
10,630
550

20,191
6,1*92
1,188

30
H*

62*1
313

765
536

'

1*71*
1*08
1,71*2
232
2,1*51
393
3,855
2,369
27,226
3,525
10,13k
619
2,033
1,1*52

BANKS IN 101 LEADING CITIES, JUNE k., l9hT
F e d e r a l
R e s e r v e
Di s t r i
San
Minne- Kansas D a l l a s
Cleve- Rich- A t l a n t a Chicago S t .
F
r
ancisco
a
p
o
l
i
s
C
i
t
y
Louis
land mond

( I n m i l l i o n s of d o l l a r s )
8,072
2,H*7 1*,562 1,813 1,889
2,381
1*90
571
697 1,337
1*12
721
250
1,557
330
———

19

18
21*

12
108
85
17
175
7
190
235
53
9b
6
26
17
173
220
188
701*
155
22
79
39
9
116
228
902
199
11*0
866
86
1*7
1,1*1*6 10,639 1,075 2 , 5 2 6
321
203
1,213
99
1*11*
772
502
3,973
86
11*1*
33
59
80
10k
109
179
381*
1*9
79
73
19
H*

——

6
22
15
86
2
109
15
167
62
995
89
31*1
1*0
116
73

1
5
1*7
21*
1*6
1*
ill*
16
231
109
801
161
360
32
H*1
36

61*
110

1,009
682
380
2
6

22
1U
112
• — ——
2
11*1*
272
16
56 639
78
121
329
1,083
776
136
585
1,505
323
21*
9l*
106
391
23
87
50
63
265

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 except Govt.
U. S. Government d e p o s i t s
I n t e r b a n k demand 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

1*0,139 2,362 15,898 1,811 3,207 1,385 1,1*01*
2,01*2
1*81
298 1,1*31
39l* 1*63
10,739
11*
8
123
19
31*
386
38
1*13
2,811*
327
266
1*51*
305
8,501
1*
20
10
7
1,11*3
5
1,279
1*
12
11*9
229
5
k
5
101
17
1*1
23
1*5
2,21*5
1*1*5
152
136
26b
2,187
1*98
301
5,326

5,720
2,116
53
1,523
29
15
52
6t|l

1,190
386
11*
513
7
15
11*
U4.6

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, a c c o u n t s

15,832

1*05 " 395

2,62k

1*1*5




770

7,31*1

537

993

1,092 2,051
31*1
565
192
368

1,830
735
1*91

6,362
2,045
1,191

3

1*

6

9
26

11
6
1*6

16
9
68

33
35
61
l
108
36
211
110
61*8
90

1*9
29
1*86
1
251*
63
782
293
2,777
1*02

399
27
229
36

921
1*6
259
573

12
11
163

1,532
333
15
1*68
3
2
12
156

3,Uoo
2,227
38
386
1*9
1
1,1*72
588

512

387

1,127

— ——

——

- - -

——

83
5
35
69
581
61

100
37
268
137
879
165
1*29
23
236
23

195
11
83
16
739

2k0
9
296
2
5
12
91*
296

1,1*91
328
21
736
—— —