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H.l*,2

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate Release)
June 16* 191*8
CONDITION OF WEEKLY REPORTING IJEi.lBER BANKS IN LEADING CITIES

The condition statement of weekly reporting member banks in leading c i t i e s
shows the following principal changes f o r the week ended June 9» Increases of
$14*9,000,000 in holdings of United States Government s e c u r i t i e s of which
$382,000,000 was in Treasury b i l l s , and $350,000,000 in demand deposits adjusted.
Commercial, i n d u s t r i a l , and agricultural loans increased $17#000,000 in the
San Francisco D i s t r i c t , $12,000,000 in New York City, $10,000,000 in the Cleveland
D i s t r i c t , and $39*000,000 at a l l reporting member banks. Loans t o brokers and
dealers f o r purchasing or carrying United States Government s e c u r i t i e s decreased
$139*000,000, and loans t o brokers and dealers for purchasing or carrying other
s e c u r i t i e s increased $120,000,000, both largely in New York City,
Holdings of Treasury b i l l s increased in most of the d i s t r i c t s , the principal
increases being $278,000,000 in New York City and $1*1|, 000,000 i n the San Francisco
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 decreased $52,000,000
i n New York City and increased in a l l the other d i s t r i c t s ; the net increase at a l l
reporting member banks was $36,000,000, Holdings of Treasury notes increased
$1*1,000,000 in the Chicago D i s t r i c t and $65,000,000 at a l l reporting member banks.
Holdings of United States Government bonds decreased $3^,000,000.
Demand deposits adjusted increased in a l l d i s t r i c t s , the principal increases
being $166,000,000 i n New York City, $65,000,000 in the San Francisco D i s t r i c t ,
$39,000,000 in the Boston D i s t r i c t , and $35,000,000 in the Philadelphia D i s t r i c t .
United States Government deposits increased # 9 , 0 0 0 , 0 0 0 . Demand deposits credited
to domestic banks increased $35,000,000 in the Chicago D i s t r i c t , $3^,000,000 in
the San Francisco D i s t r i c t and $168,000,000 at a l l reporting member banks.
A summary of the assets and l i a b i l i t i e s of reporting member banks follows*
Increase or
decrease since
June 2, June 11,
l9hB
19^7
W
(In millions of dollars)
June
9,

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 agricultural loans
Loans to brokers and
dealers
for purchasing or carrying:
U, S, Government obligations
Other s e c u r i t i e s
Other loans for purchasing or carrying;
U. S, Government obligations
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 notes
U. S. bonds
Other s e c u r i t i e s
Reserve with Federal Reserve Banks
Cash i n vault
Balances with domestic banks
L I A B I L I T IBS
Demand deposits adjusted
Time deposits except Govt.
U, S. Government deposits
Interbank demand deposits: Domestic banks
Foreign banks
Borrowings
Debits t o demand deposit accounts, except interbank
and U, S, Govt, accounts, during week



63,1*26

+ i*90

+

23,561
11,152

+

1*3

+3,1*81*

+

39

+2,369

505
531*

278
502

139
+ 120

-

255

1

+
+

21*7
17
81*1

+

93

3,771

+
+

9
16

3,620

+

17
16

202

1*56

+

27

+ 619

25,981
1,195

+ 382
+
36
+
65
31*
2
•

12,610

-

26

+ 981

805

+

1*1

+

21

+

6

5

+

1*1*

+

217

+

1*1*6

1,378

+ 350
+
13
+
1*9

8,71*0

+ 168

-

2,368
1,915

2,Loo

2,331

1*6,996
lit, 01*0

1,319
112

19,336

~

9
22

+1,51*9
+
223
262
-1*, 6 6 0
+
122

+ 863
-

200
36

.»«

Total
All
Boston New
districts
York
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 & agr*1 loans

63,426
23,564
14,152

Loans to brokers and dealers for
purchasing or carrying:
ii e S. Government obligations
505
Other s e c u r i t i e s
534
Other loans f o r purchasing or carrying 5
-U. S. Government obligations
278
Other s e c u r i t i e s
502
JSeal .estate loans
3,771
Loans to banks
202
9thet-Loans
3,620
Tregis-uryibi l i s
2,368
t r e a s u r y c e r t i f i c a t e s of indebtedness
4,915
treasury nates
2,1*00
. tL 3 . bsndi
25,984
Qthec. s e c u r i t i e s
4,195
Raaerve iKith Federal Reserve Banks
12,610
Cash i n vault
805
Balances with domestic banks
2,334
Other assets - net
1,290
L I A B I L I T I E S
Demand- deposits adjusted
46,996
lime deposits except Govt.
i4,84o
_U. ^Government deposits
1,378
Interbank demand deposits^Domestic banks 8,740
Foreign banks
1,319
Borrowings
112
Other l i a b i l i t i e s
1,158
--CABITAL a c c o u h t s

Debits t o demand deposit accounts, except
interbank and U»S. Govt, accounts



2,814
1,085

21,407 2,523 4,335 2,537
820
7,998
853 1,472
5,402
889
382
494

720

8

14
14
16
122
4
187
123
226
127
1,134
119
520
59
99
83

19,336

794

12
15

55
321
179
949
1,244

7
8
78
1
249
85

53
23

1,214

169

84
1,061
1,265
271
4,794
474
175
45
122
102
60
532
629

17,135
2,371
4o4
2,836
1,199
60
667
2,398

22
3
58

320

l
15

9,057

270

5.922

457
418
217

2,347
491
64

2,023

444
57
333
13
4
26
304
726

8,351
t

y ,

F e d e r a l R e s e r v e D i s t r jLet
Phila- Cleve- Rich- Atlanta
Minne- Kansas
San
Chicago St,
delphia land mond
Louis apolis City Dallas Francisco

T*

251
1

228
85
21*8
116
2,071
343
774
84
145
72
2,992
1,329
112
435
4

6
24
26
189
5
188
72
211
72
1,238
124
491
66
166
56
2,051

42
472

593
69
360
6
5
16
216

968

662

24

2,298

8,652

814

2,656

2,027

1,139 2,319 2,18k
413
804 1,001
21*8
510
683

501

1,806

886
509

6

22
31

4

3

17
13
147
1
193
44
154
86
712
145
386
31

6
5
56

123

95

147

23
36
74
6
168

34
258
129

876
187
445
42
194
49
1,758
546
50
458
9

27
70
321
5
374
332
666
392

3,986
620
1,758
100

10
11

110

io4
54
467
81

275
116
815

206

199

368

117

106

96

29

17

491
31
307
29

1,323
473
54
547

802
250
27
288

38k
57
773

6,030

2,460
255

24
183

1,455
25
4
61
- 684

623

2,552

12

2

l
18
172
543

2

1

12
99

3
16
189

368

699

•

•

4,762

2,008
3
13

2

20

11,191

20

43
83

166
24
181
94
771
113
1*85
34
301

47
1,871
393
43
531
4
15
194
567

22

34

2,006
676

195
1,209

501
3,796
728
1.786
326
307

220

6,910
5,106
186
454
72
8
203
691

2,1*83