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BOARD CF GOVERNORS CP THE FEDERAL RESERVE SYSTEM (For Immediate Release) June 2, I9U8 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES H.l*»2 The condition statement of weekly reporting member banks in leading c i t i e s shows the following principal changes for the week ended May 26ft An increase of $276,000,000 in loans, a decrease of $575*000,000 in holdings of Treasury b i l l s , increases of $1*33,000,000 in reserve balances with Federal Reserve Banks, and $1*16,000,000 in demand deposits adjusted and a decrease of $333*000,000 in demand deposits credited to domestic banks* Commercial, i n d u s t r i a l , and agricultural loans decreased $15,000,000 in the Chicago D i s t r i c t and $2,000,000 at a l l reporting member banks, and increased $13,000,000 i n New York City. Loans to brokers and dealers for purchasing or carrying United States Government s e c u r i t i e s increased $239*000,000 in New York City and $259*000,000 a t a l l reporting member banks. Holdings of Treasury b i l l s decreased in nearly a l l d i s t r i c t s , the principal decreases being $l*3U»000,000 i n New York City, $66,000,000 i n the Chicago D i s t r i c t and $36,000,000 in the Cleveland District* "Other securities" decreased $30,000,000 i n New York City and $35*000,000 a t a l l reporting member banks. Demand deposits adjusted increased $11*1,000,000 i n New York City,$97,000,000 i n the Chicago D i s t r i c t , $63*000,000 in the Philadelphia D i s t r i c t , $36,000,000 i n the Cleveland D i s t r i c t , $32,000,000 in the Richmond D i s t r i c t , and $1*16,000,000 at a l l reporting member banks. United States Government deposits decreased $157,000,000. Demand deposts credited t o domestic banks decreased $129,000,000 in New York City, $1*3*000,000 in the Chicago D i s t r i c t , and $21*,000,000 each in the Philadelphia and Kansas City d i s t r i c t s * Borrowings increased $50,000,000 in New York City, $33*000,000 i n the Chicago D i s t r i c t , and $77*000,000 a t a l l reporting member banks* A summary of the a s s e t s and l i a b i l i t i e s of weekly reporting member banks followst 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 carrying1 U. S*Government obligations Other s e c u r i t i e s Other loans for purchasing or carrying 1 U. S»Government obligations Other s e c u r i t i e s Re#l 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 in vault Balances with domestic banks L I A B I L I T I E S Demand deposits adjusted Time deposits except Govt, U« S, Government deposits Interbank demand deposits t Domestic banks Foreign banks Borrowings tpi a# a* gn 0* cp ## ## ## Increase or decrease since May 26, May 19, May 28, 191*8* 191*7 w ( I n millions of dollars) 63,129 - 327 - 110 + 276 +3,617 23*632 2 +2,1*11* 11**206 681 393 + 259 + 5 281 1*63 3,71*0 21*7 3,601 1,996 3,879 2,397 27,026 M99 12,1*67 806 2,11*6 + 1 1 + 8 + 13 7 - 575 3 5 + 15 - 35 + 1*33 + 29 - 139 - 21*6 + 1 + 81*3 + 56 + 61*1* +1,169 -1,256 - 305 -3,530 + 195 +1,073 + 18 73 1*6,856 H*,762 1,372 8,190 1,311* 230 + + + + + + + 1*16 1 157 333 26 77 ## Debits t o demand deposit accounts, except interbank and U. S. Govt, accounts, during week 20,858 • ^ V •San Francisco D i s t r i c t figures are as of May 19* due to holiday* 92 3 51*2 38f* 171 51*6 27 62 lUu2(a) ASSETS Loans and investments - t o t a l Loans - t o t a l Commercial, industrial & agr*1 loans Loans t o brokers and dealers for purchasing or carrying; U. S. Government obligations Other securities Other loans for purchasing or carrying: U. S. Government obligations Other securities Real estate 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 securities Reserve with Federal Reserve Banks Cash i n vault Balances with domestic banks Other assets - net LIABILITIBS Demand deposits adjusted Time deposits except Govt* U. S. Government deposits Interbank demand deposits:Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS Debits t o demand deposit accounts, except interbank and U.S.Govt, accounts iotal ' All New d i s t r i c t s Boston York f e d e r a l R e s e r v e D i s t1 r i "c t m i la- I Cleve-IRichdelphia) land jmond A t l a » t a | 0 h i o a s o | L ^ s 2,795 1,095 727 661 11 21,239 8,033 5,1*19 618 2,506 861t lt96 It,319 1,1*56 883 393 8 283 16 12 13 281 lit lit 121 10 56 205 312 206 931* 925 968 621* 9,1*33 1,256 7 8 76 53 23 21*7 3,601 1,996 3,879 2,397 27,026 It, 199 12,167 806 2,11*6 190 $ 127 1,216 116 1*86 58 96 1,203 86 1*6,856 2,3Q8 lt9l Ht,762 1,372 8,190 1,3H* 230 61 1,786 175 111* 1*82 17,076 2,305 1*02 2,703 1,155 8 252 826 387 509 1,815 21* 21* 188 5 270 65 177 73 1,271* 123 1*96 769 "8 i.oglt 1*1* 86 97 59 155 69 2,01*0 3,021* 1.325 112 1*16 5 ltit6 5,905 20,858 826 9,338 697 122 821 8,630 2,672 99 181 152 2,090 31*1 85 635 2,398 6 2,286 188 58 319 255 23 1 2,533 221* 57 311 12 7 27 302 1,122 *£$an Francisco (In millions of dollars) 63,129 23,632 lit,206 U83 3,71*0 21*7 Dallas 6 1*80 65 151 58 2,01*5 591* 69 331 6 59 1*71 10 17 215 l,l0lt 675 25 35 76 5 170 18 222 899 519 1,131 1*16 21*9 2,31*8 808 5Ht 2,180 1,010 693 31* 35 2 It 3 It 6 27 17 13 11*8 2 191* 10 11 123 — W Ht6 119 260 121 838 202 20 !t2 83 33 123 87 71*1 ll*6 6 5 56 3 9l* 15 81* 51 1*85 80 166 2o 166 91 780 113 22 31* 1,990 7 671 182 957 515 4,018 729 1,738 100 335 381 30 102 26 200 13 81* 17 lt89 32 255 28 1*71 31* 289 1*7 1,739 126 297 191 ,326 1*71* 1*9 510 2 18 17 172 805 250 26 21*7 3 3 12 99 1,773 385 55 722 1 12 15 189 1,880 383 1*2 502 3 16 195 6,778 5,105 20lt itltl 68 9 198 683 561* 21*5 ;o h o l i d a y . 757 661 2,708 69 320 37 2 31*1 1*65 132 360 902 186 1*32 1*3 171 4,155 637 1*8 92 1,71*8 51*6 1*3 1*21* 9 6,053 2,1*58 252 1*328 23 183 27 33 65 679 661 2,622 1* ,029 r mm mm • «-«• - 11,133 It, 732 1,995 3 10 t »
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