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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
( F o r Immediate R e l e a s e )
H.l*.2

May 28, I9U6
CONDITION OF TfflBEKLY REPORTING MEMBER BANKS IN LEADING CITIES

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 May 2 2 ; An i n c r e a s e of
$ 3 7 9 , 0 0 0 , 0 0 0 i n demand d e p o s i t s a d j u s t e d , and d e c r e a s e s of $ 2 5 5 , 0 0 0 , 0 0 0 i n U n i t e d
S t a t e s Government d e p o s i t s and $29!*,000,000 i n d e p o s i t s c r e d i t e d t o d o m e s t i c b a n k 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 l o a n s i n c r e a s e d $ 1 6 , 0 0 0 , 0 0 0 i n t h e
Chicago D i s t r i c t and d e c l i n e d $ 1 5 , 0 0 0 , 0 0 0 i n New York C i t y ; a t a l l r e p o r t i n g member
banks t h e r e was a n e t i n c r e a s e of $ 6 , 0 0 0 , 0 0 0 . 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 n i t e d 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 $1*8,000,000 and
o t h e r l o a n s f o r t h e same p u r p o s e d e c l i n e d $ 3 1 , 0 0 0 , 0 0 0 ^ t h e s e d e c r e a s e s were l a r g e l y
i n New York C i t y ,
Holdings o f T r e a s u r y b i l l s i n c r e a s e d $@1,000,000 i n New York C i t y and
$14.2,000,000 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 $21*,000,000 i n t h e Richmond
D i s t r i c t . Holdings of 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 i n c r e a s e d $ 8 6 , 0 0 0 , 0 0 0 i n
New York C i t y , $ 3 6 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t , and $8l*,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 $ 5 9 , 0 0 0 , 0 0 0 i n New York C i t y ,
$33*000,000 i n t h e Chicago D i s t r i c t , and a t o t a l of $7!*,000,000. Holdings of United
S t a t e s Government bonds i n c r e a s e d $ 2 ^ , 0 0 0 , 0 0 0 i n New York C i t y , $ 1 6 , 0 0 0 , 0 0 0 i n t h e
San F r a n c i s c o D i s t r i c t , and $1*2,000,000 a t a l l r e p o r t i n g member b a n k s .
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 $261*, 000,000 i n New York C i t y , $ 5 2 , 0 0 0 , 0 0 0
i n t h e C l e v e l a n d D i s t r i c t , and $379*000,000 a t a l l r e p o r t i n g member b a n k s . Both
United S t a t e s Government d e p o s i t s and 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
in a l l d i s t r i c t s .
Borrowings of r e p o r t i n g member banks i n c r e a s e d $1*5,000,000.
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 r e p o r t i n g member banks f o l l o w s $

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
C o m m e r c i a l , 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
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 l o a n s f o r p u r c h a s i n g o r 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 l o a n s
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. 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
May
decrease since
22,
May 15,
May 23,
191*6
191*6
19l*5
( I n m i l l i o n s of d o l l a r s )
+
+6,678
6k,160
89
+3,266
lb,812
3
+
+1,677
6
7,467
1,291*
718

-

1,671
1*57
1,221
91
1,893
1,262
10,1*1*5
6,782
27,1*69
7
3,383

-

+

+
+
+
+
+
-

+

-

38,727
9,91k
11,716
9,275
1,252
122

+
+

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

15,276




31
15
7
26
19
1*2
81*

+ 1,090
+
95
+ 175
9
+ 50l*
+
1*1*
- 329
- 575
+1*,260
- 332
+ 31*1*

Ih

1*2
2

2,118

57h

-

—

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 d o m e s t i c 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
F o r e i g n banks
Borrowings

9,978

1*8
3

-

+

-

67
16
136

-

379
19
255
29I*

-1,789
+1,507
+6,329
+
79
+ 235
- 513

—

+

152
Ill*

1*5

238
31
5

ASSETS AND LIABILITIES OF REPORTING MEMBER BAMS IN 101 LEADING CITIES, MA.Y 22, I9I+6
R e s e r v e
Di s
F e d e r a l
Total
New
P h i l a - Cleve- Rich- A t l a n t a Chicago " S t l
All
Boston
Louis
York
delp&ia land mond
districts
( I n m i l l i o n s of d o l l a r s )
A S S E T S
2,097
5,169
2,156 2,211+ 9,312
2,607
21+,269
3,228
61+,160
Loans and investments - t o t a l
586
I+96 l,8l+l
1+03
6,270
lb,812
829
575 1,128
Loans - t o t a l
181
235 1,025
309
1+63
275
Commercial, i n d u s t r i a l , & a g r ' 1 loans
3,065
7,1+67
1+99
Loans t o brokers 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 :
1
119
10
3
51+
U. S. Government o b l i g a t i o n s
1,023
3
1,291+
1+5
10
21
57
32
9
7
500
Other s e c u r i t i e s
718
33
Other loans f o r p u r c h a s i n g or c a r r y i n g :
222
203
115
57
63
608
52
U. S. Government o b l i g a t i o n s
I,671
38
16
10
7.1
11+
10
236
Other s e c u r i t i e s
9
17
1+57
28
78
I89
1+1
56
1,221
175
158
Real e s t a t e loans
75
1
3
2
3
71+
9.
5
Loans t o banks
91
i
l
l
82
162
•
177
151+
606
9h
132
Other loans
1,893
1+2
201
1+6
29
1+3
1,262
Treasury b i l l s
507
77
55
21+0
2,131+
1+21
1+72
861
T r e a s u r y c e r t i f i c a t e s of indebtedness
3,071
1+08
295
10,14-1+5
221
259
191
956
562
Treasury notes
289
2,356
6,782
339
1,028
3,608
833
2,281+
819
U. S. bonds
10,937 1,179
27,169 i , 5 H
—
2
1
O b l i g a t i o n s guaranteed b y U. S. Government
l
7
137
81+
158
571
291
Other s e c u r i t i e s
1,127
192
86
3,383
361+ 1,392
336
31+1
1+17
Reserve w i t h Federal Reserve Banks
71+9
1+62
3,880
9,978
22
29
91
122
Cash i n v a u l t
39
75
571+
33
59
109
11+7
387
116
81+
133
Balances w i t h domestic banks
2,118
193
107
23
83
37
76
Other a s s e t s - n e t
50
79
1,1+1+6
71
358
L I A B I L I T I E S
1,130
Demand d e p o s i t s a d j u s t e d
15,1+65 1,775 3,01+2 1,355 1,363 5,335
38,727 2,170
1
+
1
+
2
361
1,927
21+1 1,312
367
Time d e p o s i t s
l,89l+
1+50
9,9114366
383
81+5
l+,686
339 1,690
U. S. Government d e p o s i t s
525
652
II,716
562
1+91 1,602
371+
1+98
I n t e r b a n k d e p o s i t s t Domestic banks
3,013
350
297
9,275
6
27
8
11
1+
1,111
Foreign banks
9
1,252
25
11
20
2
28
17
122
Borrowings
5
33
3
11+
16
1+1+
56
21+
1+17
2,11+2
97
Other l i a b i l i t i e s
35
608
137
11+2
129
260
2,126
1+89
CAPITAL ACCOUNTS
5,128
295
H.l+.2(a)

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, accounts



—* mm

15,276

705

7,305

601 .

t r i c t
Minne- Kansas D a l l a s San
Francisco
a p o l i s City1,316
235
108

1+27

1+33

2,099

1+06

7,321
1,31+2

32
32

l
1+

2

6

1
7

31
1+
31

1+2
9
1+6

115
29
1+0

661

61
200
11
88
17

162
I+31
22
261+
22

69
397
21+
225
31+

125
32
301+
1
155
123
1,1+33
903
3,072
3
1+1+5
1,009
1+7
265
596

• 723
221
268
319
2

1,1+69
306
372
803

3,1+73
2,090
1,233
I+29
1+7
l
1,1+09
556

- »

—

56
6
188
11+7
679

78
77
1+93
31+1+
872

86
56
1+29
215
61+7

——

m we

838

2,371+ 2,097
681
1+26
i+03
21+3

10
89

1
10
152

1,1+27
303
352
537
2
1
10
il+5

266

1+31

I+51

- -

—