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Form F. R, 284
For immediate r e l e a s e

STATEMENT FOR THE PRESS

Board of Governor#
of t h e F e d e r a l Reserve System
May 1 , 1944

C o n d i t i o n of Weekly R e p o r t i n g 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 l i p r i l 26* Decreases of
$82,000,000 i n commercial, i n d u s t r i a l , and a g r i c u l t u r a l l o a n s , $283,000,000 i n
h o l d i n g s of T r e a s u r y b i l l s , $ 1 0 7 * 0 0 0 , 0 0 0 i n r e s e r v e b a l a n c e s w i t h F e d e r a l Reserve
Banks, $576,000,000 i n United S t a t e s Government d e p o s i t s , and $345*000,000 i n dep o s i t s c r e d i t e d to domestic b a n k s , and an i n c r e a s e of $276,000,000 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 d e c l i n e d i n n e a r l y a l l d i s t r i c t s , t h e p r i n c i p a l d e c r e a s e b e i n g $44,000,000 i n New York City# 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 United S t a t e s Government o b l i g a t i o n s i n c r e a s e d
$71,000,000 and o t h e r l o a n s f o r t h e same purpose d e c l i n e d $ 7 7 , 0 0 0 , 0 0 0 ,
Holdings of T r e a s u r y b i l l s d e c l i n e d $202,000,000 i n New York C i t y ,
$54,000,000 i n t h e Chicago D i s t r i c t , $27,000,000 i n t h e P h i l a d e l p h i a D i s t r i c t , and
$283,000,000 a t a l l r e p o r t i n g member b a n k s . Holdings of T r e a s u r y n o t e s d e c l i n e d
$49,000,000 i n 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 $21,000,000 i n t h e P h i l a d e l p h i a 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 $53>000,000,
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 $94,000,000 i n New York C i t y , $88,000,000
i n t h e Chicago D i s t r i c t , $46,000,000 i n t h e Boston D i s t r i c t , and $276,000,000 a t
a l l r e p o r t i n g member b a n k s . 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 tricts.
D e p o s i t s c r e d i t e d t o domestic banks d e c l i n e d i n a l l d i s t r i c t s , t h e p r i n c i p a l
d e c r e a s e s b e i n g $103,000,000 i n New York C i t y and $60,000,000 i n t h e Chicago
D i s t r i c t ; t h e t o t a l d e c r e a s e a t a l l r e p o r t i n g member banks was $345,000,000,
A summary of the p r i n c i p a l a s s e t s and l i a b i l i t i e s of r e p o r t i n g member banks,
and of d e b i t s t o demand d e p o s i t a c c o u n t s , follows$

A S S E T S
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
p u r c h a s i n g or c a r r y i n g i
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 l o a n 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
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 n o t e s
U» S, bonds
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 ,

I n c r e a s e or
decrease since
Apr,
Apr. 28,
Apr, 19,
26,
1943
1944
1944
( I n m i l l i o n s of d o l l a r s )
- 389
+5,292
51,064
- 274
10,363
95
. + 219
82
6,069
676
619
355
287
1,078
82
1,197
2,981
8,960
7,159
18,087
647
2,867

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

8,692
559
1,987

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

34,524
6,537
7,785
7,903
882
109

Digitized Debits
for FRASERt o demand
and U, S, Govt,


deposit accounts, except interbank
a c c o u n t s , d u r i n g Week

12,191

+
-

+
+
-

71)
8)*
77)
10)
1
16
6

283
34
14
+
53
+
2
18

+
+
-

-

+
+

+

138

-

83
1
I90

-

107
9
83
276
21
576
345
9
6

+4,426
+1,041
- 290
-1,245
+ 149
+
25

-

-

357

-1,859
+2,428
+2,971
+3,730
-1,345
- 359
+
84
+
3
- 631

-

+

-

Form

Bi 28k&
STATEMENT FOR THE PRESS
Board of Governors
of the Federal Reserve System
A p r i l 27, I9W1

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 C i t y
I n c r e a s e or
Apr.
decrease s i n c e
Apr.
26,
Apr.: 2Q, 26,
Apr. 19,
1913
w
W
w

Chicago
I n c r e a s e or
d e c r e a s e since
Apr. 19, Apr. 28,
I9hh
1943

ASSETS

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 to 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 1
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 loans 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
Otl^er loans

- 21*5

+

U98

k,70k

It, 0 1 9

-

33

-

361

2,358

-

kk

+

1*95
k76

+
-

76
lk

158
1101
851
63
27k

»
-

Treasury b i l l s
Treasury 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 guaranteed b y
U, S, Government
Other s e c u r i t i e s

1,070
3,373
2,681
6,261

Reserve w i t h F. R. Banks
Cash in v a u l t
Balances w i t h domestic banks
Other a s s e t s •» n e t

3,806
91
27
28k

212
920

66)
8)
*»«"
+ 23

- k7

+

399

953

-

5

+

Ilk

57

733

-

7

&
r-f

Loans - t o t a l

18,536

+

Loans and Investments - t o t a l

+

536
ill

k2

+

3

l
3)

+

9

+

26

3)
)

+

1/

-

ik

*

-

u

36

32

31
37
23

-

-

mm mm
*

52

+

k9
50

262
T 650
+ 82k •
859
+ 816
597
+ 865
i,6k7

+
-

k
15

-

817
181

32
35k

+

3

+

l

+
+
-

189
7
k
15

812
ui
193
k5

+1,1; 63
+ 95
- 713

- 202

+

12
3

mm

-

1

» 52
+ 3
+ I
* 6
mmm

+
+
+

198
56
198
315

•
-

5k
32

-

7

-

*
+

7
2

+
-

37
l
12
1

3,170
536
758

+ 63
+ k
- 62

+
+
+

379
73
55

952
15

- 51
+ 2

+

173
3

38
326

+
+

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 1
Domestic banks
Foreign banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS

12,809
789
3,173

+ 9k
3
- 239

2,562
798
67
321
1,715

- 103
+
5
1
+
8
2

Debits t o demand d e p o s i t accounts,
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
5,051



+
+
+

163
I5d
9
15
137

--

• •

1,01*6

1
1

+
+

10
25

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
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 to 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
TJ„ S . bonds
O b l i g a t i o n s guaranteed by U. S.-Government
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
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
Other l i a b i l i t i e s
CAPITAL ACCOUNTS
•Debits to 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, accounts



ASSETS AND ,LABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 1 0 1 LEADING CITIES, APRIL 2 6 , I9I+I+
P e d e r a 1 ] e s e 1• v e D i s t ]r i c t
total
San
Minne- Kansas D a l l a s
New
P h i l a - Cleve- Rich- A t l a n t a Chicago S t .
All
Boston
Francisco
Louis a p o l i s C i t y
d e l p h i a land mond
York
districts
—rrr":
n
A
1,376
5,01+7
1,729
i,5U2
965
1,550 7,790
2,787 20,528 2 , 2 1 9 1+, 155 1 , 5 ? 6
51,06k
511
351
955
372
176
301 1,595
265
1+1+1
851
611
l+,37l+
10,563
231+
1+78
202
215
99
180
120
989
250
2,522
595
587
6,069
676
619

10
17

1+98
1+83

5
52

77
15

3
1+

355
287
1,078
82
1,197

6
20
62
6
103

175
153
161+
63
356

5
9
58
1
103

21+
15
161+
8
157

22
11
1+9

2,981
8,960
7,159
18,087
61+7
2,867
8,692
559
1,987
1,21+6

186
560
559
956
17
98
1+21+
59
105
68

1,175
5,629
2,957
6,965
231
999
5,1+97
123
109
551

31+, 521+
6,557
7,785
7,905
882
109
1,1+1+6
4,562
12,191

2,028 lit, 078
1,21+5
290
5,590
556
2,625
271
801
17
8
75
327
27
1,851
261+
692

5,579

221
159
666
287
21+1+
1+95
900 1 , 6 5 6
1+7
52
176
259
685
577
28
70
191
69
81+
59
1,657
178
568
29I+
6
5
16
230

2,831
917
519
1+1+1+
2
1
52
1+57

506

821*

56
85

2U8
231
692
19
56
261
59
116
60

1+1

52

1+6

9l+

51
263
220

18
20l+
129

526

10l+

99
259
198

22
108
269
20
106
21

27
2
62

155
101

66

1+81+
7h
265 1,155
279 1 , 0 6 9
1+76 2 , 7 5 5
25
95
110
559
286 1,337
26
97

1+2

5,363
1,261
1,165
1,31+9
17

76
113

1,057
266
177
1+11+
5
2
11
110

533

312

256
312
1

21
18
297

6
6k

1+00

2kh

11
17
20

1+5

l1+1+

,070

7
7
59

15

18

6

36

80

36
11

1
5

1
2

1+5
58

1

506

8
5
19
1

582
12

286
51+U
51+

1+1+

121+

158
11

563
22
21+5
21

68

15

1,11+6
187
190
720

1+12

1+0
1+7
277
23
191+
31
1,067
175
159
589
2

355
798
692
1,81+5
75
327
760
1+1

2k2

1+1+0
2,711+
1,1+07
678
589
21+

593
158
155
21+3
6
7
75

3
6
128

—

1+8
501

9l+0
255
192
1+55
1
19
8
112

6
105

882
1+36

1,897

331+

211+

595

320

987

WW

——

—