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STATEMENT FOR THE PRESS Form F. R. 28l| For immediate r e l e a s e Board of Governors of t h e F e d e r a l Reserve System S e p t . 18, 19^5 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 September 12: Decreases of $ 1 8 ^ , 0 0 0 , 0 0 0 i n l o a n s , $359,000,000 i n h o l d i n g s of U n i t e d S t a t e s Government o b l i g a t i o n s , and $8ii.0,000,000 i n U n i t e d S t a t e s Government d e p o s i t s , and i n c r e a s e s of $ 1 8 6 , 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 $175*000,000 i n d e p o s i t s c r e d i t e d t o domestic 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 $^0,000,000# 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 o r 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 d e c l i n e d $ 9 0 , 0 0 0 , 0 0 0 and o t h e r loans f o r t h e same purpose d e c l i n e d $ 7 0 , 0 0 0 , 0 0 0 , b o t h l a r g e l y i n New York C i t y , Holdings of T r e a s u r y b i l l s d e c l i n e d $ 1 9 9 , 0 0 0 , 0 0 0 i n New York C i t y and $222,000,000 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 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 d e c l i n e d $75#000,000 i n New York C i t y , $ 3 5 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t , $ 2 7 , 0 0 0 , 0 0 0 i n t h e Boston D i s t r i c t , and $155,000,000 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 $ 1 9 , 0 0 0 , 0 0 0 each i n t h e Chicago and San F r a n c i s c o D i s t r i c t s and $1^.6,000,000 a t a l l r e p o r t i n g member b a n k s . Holdings of United S t a t e s Government bonds i n c r e a s e d $6^,000,000# Demand d e p o s i t s a d j u s t e d d e c l i n e d $ 9 1 , 0 0 0 , 0 0 0 i n New York C i t y and i n c r e a s e d i n n e a r l y a l l of t h e o t h e r d i s t r i c t s , t h e p r i n c i p a l i n c r e a s e b e i n g $81,000,000 i n the Chicago D i s t r i c t . Time d e p o s i t s i n c r e a s e d i n a l l d i s t r i c t s and t h e t o t a l i n c r e a s e was $55,000,000# U n i t e d 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 # 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 banks i n c r e a s 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 i n c r e a s e s b e i n g $ ^ 2 , 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 fpli.0,000,000 i n New York C i t y ; t h e t o t a l i n c r e a s e a t a l l r e p o r t i n g member banks was $175,000,000# A summary of t h e a s s e t s and l i a b i l i t i e s of r e p o r t i n g momber banks f o l l o w s : Sept. 12, 1945 A S S E T S Loans and I n v e s t m e n t s - t o t a l Loans ~ t o t a l Commercial, i n d u s t r i a l , and a g r i c u l t u r a l l o a n s Loans t o b r o k e r s and d e a l e r s f o r purchasing or c a r r y i n g : U. S.Government o b l i g a t i o n s Other s e c u r i t i e s Other l o a n s f o r p u r c h a s i n g or c a r r y i n g : U. S* Government o b l i g a t i o n s Other s e c u r i t i e s Real e s t a t e l o a n s Loans t o banks Other l o a n s Treasury b i l l s T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s Treasury notes U. S. bondiS O b l i g a t i o n s g u a r a n t e e d b y U. S* Government Other s e c u r i t i e s Reserve w i t h F e d e r a l Reserve Banks Cash i n v a u l t Balances w i t h d o m e s t i c banks L I A B I L I T I E S Demand d e p o s i t s a d j u s t e d Time d e p o s i t s U. S. Government d e p o s i t s I n t e r b a n k d e p o s i t s : Domestic banks F o r e i g n banks Borrowings D e b i t s t o demand d e p o s i t a c c o u n t s , e x c e p t i n t e r b a n k and U. S. Govt, a c c o u n t s , d u r i n g week I n c r e a s e or decrease since S e p t . 5# Sept, 13, 1944 1945 (In millions of dollars) +6,801 61,842 - 540 +1,717 12,683 - 184 + 79 6,095 + 4o 1,328 802 - 90 16 1,437 - 1,058 93 1,474 70 l - 41 - 5 1,229 - 222 396 10,317 9,327 24,909 11 3,336 10,117 583 2,226 38,671 9,061* 10,192 9,967 1,087 399 12,62$ 1 - 155 - 46 + 64 + + + - - 3 56 I4.3 + 43 + 186 + 55 , - 84o + 175 + 7 + 37 + 550 + 188 + 634 + 57 3 + 42 + 175 -1,415 - 615 +1,942 +5,334 - 586 + 374 + 854 + 9 + 57 +2,776 +1,898 + 681 +1,138 + + 22b 308 Form F, R, 28l*a STATEMENT FOR THE PRESS Board of Governors of t h e F e d e r a l Reserve System S e p t . 15, 19^5 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 City Chicago Increase or Increase or Sept. decrease since Sept. decrease since 12, Sept. 5, Sept. 13, 12, Sept. 5» Sept. 13, I9hh 19U5 19U5 I9hk 1945 19U5 ASSETS Loans and Investments-total Loans - t o t a l 21,1*90 -434 +1,794 5,449 - 28 +359 5,337 -164 + 976 1,160 - 6 +124 + 18 + 15 692 + 5 - 53 - 85 — 16 + 471 106 + 130 42 - 8 + 6 + 48 + 11 -43 + 213 151 53 - 10 + 89 Commercial, i n d u s t r i a l , and agricultural loans 2,294 Loans to brokers and dealers for purchasing or carrying: U. S. Govt# obligations 1,076 Other securities 605 Other loans for purchasing or carrying: U, S. Govt, obligations 624 Other securities 183 Real estate loans 67 Loans to banks 78 Other loans kio Treasury b i l l s Treasury cert* of indebt. Treasury notes U. S. bonds Obligations guaranteed by Ue S. Government Other securities Reserve with F, R. Banks Cash in vault Balances with domestic banks Other assets - net + rnmmmmm 49 10 38 70 - - - - - - 90 + 1 + 18 143 1,151 793 1,851 + 16 - 27 - 19 -145 + 77 - 39 + 1 + + 8,930 -199 - 75 - 5 + 5 - 488 -1,109 + 346 2 1,224 + 172 189 - - - + 4 351 - 3 + 70 + 268 940 35 184 48 + + 64 1 3 1 138 2,825 3,93b 3,671 89 23 323 www* + 8 + 3 + 4 +2,052 5 + 8 + 3 26 . - - - + 10 + + 862 273 3,464 + + + + + 255 191 127 26 119 1,168 + 11 +187 +122 - 30 + 24 + » 56 8 + 4 - 3 LIABILITIES Demand deposits adjusted Time deposits U. S, Government deposits Interbank deposits: Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 14,015 . - 91 1,134 + 6 4,050 -343 2,981 972 179 398 1,867 Debits to demand deposit accounts, except interbank and U.S,Govt* accounts, during week 5,64l + + + + - 40 9 28 4 2 + 214 705 892 20 --42 365 1,075 + 81 + 3 - 71 + 19 + 1 - - - - - +154 +116 - 13 +113 + 5 + 8 + 25 Form F. R. 284b ASSETS AND Total All d i s t r i c t s Boston 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 & a g r ' 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 : Ue S e 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*8* 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 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 e 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 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 tiU-Se 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 Other l i a b i l i t i e s CAPITAL ACCOUNTS D e b i t s 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 61,81:2 12,683 6,095 ^ » 1 -L74V F e d e ir a 1 R e s e r v e D i s t; r i c ib P h i l a - C l e v e - RichSt. Minne- Kansas San d e l p h i a land mond A t l a n t a Chicago Louis a p o l i s C i t y D a l l a s F r a n c i s c o New York 23,61*5 2 , 6 2 5 689 5,695 473 218 4l6 2,132 3,318 2,068 1,994 317 929 330 382 174 133 9,165 1,667 1 109 3 4 221 60 33 14 67 3 88 58 253 331 735 1 134 347 5,000 1,328 802 30 20 1,079 4 39 69 25 6 6 1,137 396 1,058 93 1,474 28 16 64 3 112 10l| 659 180 1,333 669 207 48 9 32 l 122 114 155 15 152 47 9 50 4 62 84 329 1,229 10,317 9,327 21,909 11 3,336 10,117 583 2,226 1,138 38,671 9,o6L 10,192 9,967 1,087 399 1,972 4,854 12,623 — 83 458 60 115 63 610 148 — 78 472 131 164 56 296 3,190 899 406 759 3,355 9,938 1,158 2,104 2 1,301 3,912 120 108 371 —— 178 432 31 79 49 291 985 — 253 62 763 76 199 79 346 39 151 75 8 48 7 24 2 5,956 500 778 366 51 146 «.*• 66 151 54 371 321 774 185 1,945 1,371 3,451 3 543 1,508 93 379 87 2 142 367 31 152 42 2,15k 15,373 1,858 3,113 1,300 1,294 4oo 217 1,199 401 1,760 335 212 366 692 500 844 4,360 566 532 304 3,048 363 449 , 21 10 7 3 975 3 2 2 213 6 5 39 18 17 36 407 95 34 126 121 280 2 , 0 2 0 249 4 69 519 929 334 1,968 456 244 22 117 23 1,222 2,268 1,892 232 368 442 226 127 284 1 2 5 4 24 28 21 4 26 8 38 1 62 51 24 24 90 23 289 55 74 413 283 625 1 54 385 25 248 32 101 223 1,353 1,082 2 24 1 52 23 90 199 184 535 440 464 771 49 188 11 109 17 135 463 25 —— 5,711 1,119 326 1,750 .259 W69 608 1,657 2 24 23 92 11 56 129 573 678 199 214 362 1,756 317 6,647 1,085 530 2 —— 298 23 - - 1,419 1,326 264 275 252 —— 252 597 4 —— 83 12 7 143 321 434 314 1 8 9 130 2,500 2 402 948 50 271 577 3,326 1,938 872 512 36 4 1,274 531 1,028
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