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STATEMENT FOR THE PRESS Form F. R, 28l| For immediate r e l e a s e Board of Governors of the Federal Reserve System June 12, I9I4.5 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 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 t h e week ended June 61 I n c r e a s e s of $ 2 5 0 , 0 0 0 , 0 0 0 i n l o a n s , $^5^,000,000 i n ' h o l d i n g s o f United S t a t e s Government o b l i g a t i o n s , $ 3 0 5 , 0 0 0 , 0 0 0 i n demand d e p o s i t s adjusted, and $373>000,000 i n d e p o s i t s c r e d i t e d t o domestic banks. 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 i n c r e a s e d $ 5 3 , 0 0 0 , 0 0 0 . 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 $ 8 1 , 0 0 0 , 0 0 0 i n New York C i t y and $ 6 6 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member banks; other loans f o r the same purpose i n c r e a s e d i n 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 $ 2 1 2 , 0 0 0 , 0 0 0 . . , „ As t h e r e s u l t of the i s s u e of a. new s e r i e s of Treasury n o t e s i n exchange f o r t u r l a g c e r t i f i c a t e s of indebtedness and guaranteed o b l i g a t i o n s c a l l e d f o r redemption, there were l a r g e s h i f t s i n t h e s e holdings i n a l l d i s t r i c t s . Holdings of Treasury b i l l s i n c r e a s e d $12%,000,000 i n New York C i t y , $ 7 5 , 0 0 0 , 0 0 0 i n the Chicago D i s t r i c t , and $ 1 7 3 , 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 $UU,000,000 i n the S t . Louis 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 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 i n c r e a s e was $ 1 9 ^ , 0 0 0 , 0 0 0 . _ / 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 most d i s t r i c t s , t h e p r i n c i p a l i n c r e a s e being $ 1 3 8 , 0 0 0 , 0 0 0 i n New York C i t y . United S t a t e s Government d e p o s i t s d e c l i n e d $117,000,000 i n New York C i t y and $ 7 1 , 0 0 0 , 0 0 0 at a l l r e p o r t i n g member banks, and i n c r e a s e d i n most of the other 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 t o domestic banks i n c r e a s e d $ 1 0 9 , 0 0 0 , 0 0 0 i n New York C i t y , $7l|.,000,000 i n t h e Chicago D i s t r i c t , $1+9,000,000 i n the P h i l a d e l p h i a D i s t r i c t , and $373,000,000 a t a l l r e p o r t i n g member banks. 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 f o l l o w s $ Juno 6, 191*5 A S S E T S Loans and Investments - t o t a l Loans total 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 t 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 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 loans 58,251 Increase or decrease s i n c e June 7 , May 30, 191*1* 191*5 + 713 11,886 + 250 5,818 + + 8,222 + 1,731 52 53 66 713 29 + + + 212 + 390 + 26 5l*o 87 1,1*39 869 812 lAU 102 - 1,1*12 + 5 15 30U 27 + 16 1*9 87 + 173 -1,259 +1,665 + I9h - 319 9 3,072 + 10,100 - 18 20 580 2,172 7 - 917 t 585 222 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 U0,683 + 305 8,U5U + 31 7k 5,171 9 , 6 7 6 + 373 i»oli3 + 11 + 3,80k + l,70U 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 interbank and U. S. Govt, a c c o u n t s , during week 16,166 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 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 1,368 9»l*0li 9,031 23,170 23 82U + 27 + 570 + 1,931* + 5,267 + 1,118 + + 1*1 113 +1,275 + 1,229 * 161 + 6ih Form F , R. 28Ua STATEMENT FOR THE PRESS Board of Governors of t h e F e d e r a l Reserve System J u n e 7 , I9I4.5 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 June 6, 1915 A S S York C i t y I n c r e a s e or decrease since May $ 0 , June 7, 19U5 I9kh June 6, 1915 Chicago I n c r e a s e or decrease since May 5 0 , June 7 , I9UI4 1915 E - total 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 L o a n s 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 : I). S . G o v 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 p u r c h a s i n g or carrying:_ U. S . G o v 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 a t e loans Loans t o b a n k s Other loans 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 . b o n d s Obligations guaranteed by U. S . G o v e r n m e n t Other s e c u r i t i e s R e s e r v e w i t h F . R. B a n k s 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 20,312 5,050 2,208 „ 1,203 677 CO Loans and I n v e s t m e n t s +2 , 8 0 8 5,036 + 12 + 137 ha +1 , 0 7 1 1,019 + 15 + 69 10 - 71 663 + 6 - 52 635 2i;5 102 + 6 + 61 17 177 50 17 U5 7 57 + 81 + 2k 287 + + 172 65 96 + 8 + • '81 357 - 250 + 1 1,037 - 3,889 93 - 297 - 13 + 129 - U83 + 512 55 8,U80 20 - k + 2,851 3,1^3 + + , 398 liOli 530 - + + 2 j k3 3 + 5k • 201 + 93k 692 • 0U8 1,824* 179 — 3 + lho 3k 6 + 386 4 6 95k k6 - 200 - - + - 11 - + 10 - 12 37 + - — + 2 4- 92 •f 17 10 - 1 - + + 5 28 18 2 5 - 10 + k7 + - 105 U6 23 2 25 + 4" 2 + 75 4" 16 112 101 193 - 31 23 + 62 + 13 9 3 18 - - - 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 0 G o v e r n m e n t d e p o s i t s Interbank deposits: Donestic 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 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 15,14*3 + 188 1,017 1,916 1 - 117 3,019 936 579 361 1,835 + 109 7,k6j + + + 9 37 13 12 +1,5h3 + 199 + 280 3,615 673 + + 20 8 h5l - 40 + + + 1,121). + 364 llil 1)83 68 102 17 1 38 359 1,356 + ho + 1 1 + 198 f 126 + 59 + + 86 3 1 27 F o r m F . h# 28lib ASSETS AND L I A B I L I T I E S OF WEEKLY REPORTING MEMBER BANKS IN 1 0 1 LEADING C I T I E S , JUNE 6 , l ^ h 5 r l c t v i s ~I IT s e r v e F e d o j Total -r San S t . R i c h C l e v o P h i l a Minne- Kansas D a l l a s New All A t l a n t a Chicago Boston F r ancisco City apolis Louis l a n d mond delphia York districts ASSETS 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 , & agr*1 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 . G o v e r n m e n 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 c a r r y i n g : Ue S . G o v e r n m e n 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 a t e loans Loans t o banks Other loans 5,928 22,892 2,1+88 66l 390 5,386 2,353 436 35 16 869 22 1,205 683 38 812 16 16 64 9 313 8 81 ii.18 1 129 51 447 425 29k 123 272 58,254 11,886 5,818 1,439 390 1,044 102 1,412 1,368 109 23,470 3,072 73 R e s e r v e 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 - net 10,Loo 580 2,172 1,366 U90 59 108 65 1,150 4 0,683 9,hoh 9,031 23 1,271 mm 201 10 33 19U 139 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 notes U, S e b o n d s O b l i g a t i o n s g u a r a n t e e d b y U.S. Government Other s e c u r i t i e s 3,159 3,499 9,139 l l,llk ( 395 1,086 - — 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 Ue S . G o v e r n m e n t 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 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 i n t e r b a n k and U.S. Govt, a c c o u n t s 1,758 1,895 1,848 8,618 1,855 1,126 2,063 1,733 6,050 868 29U 325 1,512 431 193 108 336 205 275 486 1 l 14 24 379 123 56 21 5 5 111 15 153 m 9 132 47 5 59 72 65 1 851 701 ,022 1 176 243 464 831 75 898 221 - io4 52 2 5 2 4 4 120 33 10 22 8 23 38 38 32 24 23 290 45 58 63 106 14 177 194 92 356 408 726 63 9 35 7 24 69 133 65 3 91 37 317 42 2 885 5 59 700 1 3,342 3 135 526 685 l 125 312 1,536 327 36 359 28 101 21 408 87 104 23 82 1*8 199 80 1% 131 74 37 2,281 375 16,943 1,594 1,272 368 301 2,09b 339 390 82U 25 3,lio 939 580 9 12 207 U09 2 117 9,676 1,043 3,283 1,128 U19 563 1,326 312 5,171 1,989 207 213 kl 13 1,853 32 369 4,768 277 1,937 216 163 16,166 802 7,915 702 966 16 2 39 — 262 309 10ii 344 20 — 1,691 1,227 326 30 8,454 61 144 11 32U 312 275 6,012 7 22 4 15 125 120 39 49 563 1,017 305 220 610 2 38 12 126 442 350 2,203 493 112 1,008 179 126 L I A B I L I T I E S 1 500 1,662 796 1,607 4 - - 377 247 198 1,174 560 1,027 2,253 7 47 138 l 49 3 387 193 132 23 366 910 24 254 31 47 264 538 1,270 3,218 1,820 566 501 - 65 - 10 81 16 278 23 705 184 128 293 2 24 8 82 1,367 254 171 870 290 475 - - 9 8 140 245 209 549 4 — — 436 34 33 8 123 1,186 516 395 1,133
@FedFRASER