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Form F. R. 284 For immediate r e l e a s e STATEMENT FOR THE PRESS Board of Governors of t h e Federal Reserve System June 1 ) , 1944 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 t h e week ended June 7t I n c r e a s e s of $222,000,000 i n r e s e r v e b a l a n c e s with Federal Reserve Banks, $671»000,000 in demand d e p o s i t s a d j u s t e d and $501,000,000 i n d e p o s i t s c r e d i t e d t o domestic banks, and a decrease of $786,000,000 i n United S t a t e s Government d e p o s i t s , 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 $24,000,000 and 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 s e c u r i t i e s i n c r e a s e d $74,000,000, Holdings of T r e a s u r y b i l l s d e c l i n e d $$6,000,000 i n New York C i t y , $73*000,000 i n the New York D i s t r i c t o u t s i d e of New York C i t y and $14,000,000 a t a l l r e p o r t i n g member b a n k s , and i n c r e a s e d $104,000,000 i n t h e Chicago D i s t r i c t . 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 $59,000,000 i n Naw York C i t y , $19,000,000 i n t h e Chicago D i s t r i c t , and $52,000,000 a t a l l r e p o r t i n g member banks, and i n c r e a s e d $50,000,000 in t h e Cleveland 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 $102,000,000 i n New York C i t y and $6^,000,000 a t a l l r e p o r t i n g member b a n k s , and d e c l i n e d $25,000,000 in t h e San F r a n c i s c o D i s t r i c t , 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 $5$9»000,000 i n New York City,$112,000,000 i n t h e S t , Louis D i s t r i c t , $74,000,000 i n t h e Chicago D i s t r i c t , $68,000,000 i n the Cleveland D i s t r i c t , and $671,000,000 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 , Deposits c r e d i t e d t o domestic banks i n c r e a s e d i n a l l d i s t r i c t s except t h e S t . Louis D i s t r i c t where t h e y d e c l i n e d $64,000,000,. 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 , follows 1 June 7, 1944 ASSETS 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 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 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 l l o a n s 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 notes U, S, bonds O b l i g a t i o n s guaranteed b y U, Government Other s e c u r i t i e s Reserve w i t h Federal Reserve Banks Cash in v a u l t Balances w i t h 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 I n c r e a s e or decrease s i n c e June 9 , May 51, ( I n m i l l i o n s of d o l l a r s ) 50,052 10,155 5,870 + + 74 + 21 565 + 74) 5) 272 - 696 7) 7) 2 2 1 14 - 52 + 3* + 69* 8 - 28 +222 + 13 - 99 505 1,071 53 1,325 2,285 8,85b 7,097 18,203 608 2,850 9,282 539 2,059 - 36,879 6,750 4,196 8,447 882 210 +671 + 45 -786 +501 - Hi + 22 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 , during week 11,582 •May 51 f i g u r e s r e v i s e d ( S t , Louis D i s t r i c t ) 1913 1944 +3.22U + 565 + 255 + 278 + 110 79 + 20 + 3 -5,061 +1,924 +2,918 +2,389 -1,28k - 227 + 588 + 1 - 276 +4,818 +1,148 -2,867 - 429 + 119 + 189 Form F. R. 28ij.a STATEMENT FOR THE PRESS Board of Governors of t h e F e d e r a l Reserve System June 8 , I9U1 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 I n c r e a s e or decrease since June June 9, May 31, 7, 19 bk 19U3 Chicago I n c r e a s e or d e c r e a s e since June May 3I, June 9, 7, I9hk 19^3 19W 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 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. Govt, 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 p u r c h a s i n g 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 Real e s t a t e loans Loans t o banks Other loans 18,00it + 32 + 125 1,599 3,979 + 86 + 261 950 2.279 + 29 + 82 715 568 1*32 + Ik + 3 + 171 6 .hi 26 110 122 82 36 350 - 1) 5) - - - 13 - 1 — + + 20 16 11 39 - 39 - 1 +102 -1 ,363 + 718 + 822 + U95 185 822 591 1,651 180 997 - 13 - 7 - 762 76 31 369 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 3,503 +119 33b 5 5 892 89 - 2 - 32 26 309 - 13,905 318 + + + + 2 ihs - 2 + 166 + 8 + 89 + 3h .+ 18 w 33 209 ) 10) - ) - ) — — -- 80 6U8 3,255 2,613 6,1*32 - + 29 36 23 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 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 - 96 23 + 25 -- + - 57 30 + + - 2 235 35 • » — + 31 10 - 31 + 50 385 5 189 - 27 + 78 11 37 * + 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 deposits 1 Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 8 1,636 -330 2,655 795 96 +107 - 15 + 60 - 32 - 2 293 1,733 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 , d u r i n g week ii,786 +319 +1,835 115 -1 ,596 3,1U7 118 196 1,038 Ik 10 122 38 332 + - + + + 81 552 392 1,091 ho 3 - 76 + + + 4- 391 + 82 - 222 66 + + 1 1 + + 35 l 9 26 forra a'« k. 23l*b ASSETS MD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES, JUNE 7, 19^ Total All districts A S S E T S Loans and Investments-total Loans - total 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. 8. Government obligations Other securities Real estate loans Loans to "banks Other loans Treasury b i l l s Treasury certificates of indebtedness Treasury notes U. S. bonds Obligations guaranteed by U.S.Government Other securities Reserve with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net LIABILITIES Demand deposits adjusted Time deposits U. S. Government deposits Interbank deposits 1 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 50,032 10,155 5,870 New Boston York 1,539 366 1*1* 32 1* 8 16 570 1*1*1 1 32 60 13 272 5 20 62 3 115 122 11*5 160 37 1*12 3 8 37 1* 101 11* 13 165 6 132 211* 718 518 303 1,071 53 1,325 2,285 8,831* 7,097 18,203 608 2,850 9,282 539 2,059 1,316 36,879 6,750 1*,196 8,1*1*7 882 210 1,1*58 1*,1*06 11,582 D i s t r i e ; t St. San Minne- Kansas Dallas A t l a n t a Chicago Louis a p o l i s C i t y Francisco (In millions of dollars) 2,675 19,71*1 2,205 l*,lli7 1,566 1,515 7,701* 285 1*381 1*27 256 781* 613 1,323 111* 21*1 167 961* 381 381* 2,1*36 696 565 R e s e r v e F e d e r a l P h i l a - C l e v e - Richd e l p h i a l a n d mond 510 353 967 , 15 95 i*a* 58 101* 71 697 3,526 2,891* 7,129 199 973 3,733 122 106 359 155 283 226 898 a 172 1*17 29 71* 60 15,225 1,826 1,288 179 298 191* 278 1,755 328 310 2,721 16 7 797 lot* 10 3 16 26 300 232 267 1,87-1 2,167 561 5,196 1*73 1,630 1*1* 239 71*2 70 202 90 1 1* 20 10 1*8 1 58 75 21*1 231* 686 17 57 29!* 36 11*0 63 5 17 6 27 36 1*1 13U - - 63 130 &. 270 271 395 1,1*59 1,059 2,766 1*89 26 112 317 25 153 36 92 552 1,1*25 87 1*10 87 3,01*7 1,162 1,105 5,740 278 1,307 9k0 252 626 11*0 296 99 1*86 1*36 1,1*70 3lt6 16 2 1* 5 - — 1 3 1*6 11 81 36 112 508 115 1*39 756 331 318 1,806 198 11* 7 63 2 78 50 259 225 511 19 109 232 20 9k 22 825 21*0 131 509 1 79 11 111 333 957 1,706 1,376 172 301 329 191 233 95 1,901 918 1*66 11 11 1 3 17 5 5 7 7 39 12 17 19 21* 296 ~1*1* 53 9h 307 1*6 93 82 320 21 19 198 I5it 281* 27h 20U 12 3k 133 1* i* 789 695 1,786 71* 319 21 312 21 790 1*0 21 31 377 ii5 172 10 553 381* 1*11 32 198 238 657 1,192 l , l i b 11*3 19U 181 83 Hi* 9h 260 71*9 132 2,819 1,1*50 386 87 16 6 10 253 — — — 1*60 1*00 2 26 76 129 108 7 910 1*38 202 390 309 907 7 7
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