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H»4.2

BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYSTEM
( F o r Immediate R e l e a s e )
September 3, 1946
CONDITION OF WEEKLY 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 w e e k l y 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 August 28* D e c r e a s e s of
$108,000,000 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 , $106,000,000 i n
United S t a t e s Government d e p o s i t s , and $ 9 9 , 0 0 0 , 0 0 0 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 , and an i n c r e a s e of $ 1 $ ) , 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 .
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 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 6 , 0 0 0 , 0 0 0 i n New York C i t y , $ 1 5 , 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 4 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t ; 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 $ 8 0 , 0 0 0 , 0 0 0 .
H o l d i n g s of T r e a s u r y b i l l s d e c l i n e d $ 9 8 , 0 0 0 , 0 0 0 i n New York C i t y , $ 3 8 , 0 0 0 , 0 0 0
i n t h e Chicago D i s t r i c t , and $ 1 0 4 , 0 0 0 , 0 0 0 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 and of T r e a s u r y n o t e s d e c l i n e d $35#000,000,
and $ 1 6 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , w i t h d e c r e a s e s o c c u r r i n g i n most of t h e d i s t r i c t s
p a r t i a l l y o f f s e t b y i n c r e a s e s i n New York C i t y . Holdings of U n i t e d S t a t e s Government bonds i n c r e a s e d $ 4 6 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t and $1*7,000,000 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 $ 8 3 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t ,
$25,000*:000 i n t h e Kansas C i t y D i s t r i c t , $ 2 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 $ 3 3 5 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member b a n k s . Time d e p o s i t s were unchanged.
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 $ 3 1 , 0 0 0 , 0 0 0 each i n New York C i t y and
t h e Chicago D i s t r i c t , $ 2 4 , 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 $ 9 9 , 0 0 0 , 0 0 0 a t
a l l r e p o r t i n g member b a n k s .
Borrowings d e c l i n e d $ 1 9 , 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 Chicago
D i s t r i c t , and $1*7,000,000 a t a l l r e p o r t i n g member b a n k s ,
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
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
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 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 . b o n d s ( I n c l u d i n g g u a r a n t e e d o b l i g a t i o n s )
Other s e c u r i t i e s

I n c r e a s e or
decrease since
Aug.
Aug. 21,
28,
Aug. • 2 9 ,
1946
1916
19k 5
( I n m i l l i o n s of d o l l a r s ) '
-2,563
59,983
hi
•f
+2,237
15,078
57
+
+2,514
80
8,496
807
56k
1,252
444
1,367
172
1,976
758
8,762
1,85k
27,089
3,14*2

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

10,087
617
2,107

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

39,303
10,220
6,616
9,21*2
1,313
183

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
13*753



+

2k
22

-

636
256

-

17
23
H
2
6
10k
35
16
1*7
h

+
+
+
+

347
50
309
95
508

—

+
-

+
-

-

+

+
•

+
-

75
36
27

+

133

-

106
99
17
47

-

+
-

- 705
-1,434
-4,594
+1,825
+ 108
+
+
-

77
31
122

+1,163
+1,256
-5,167
- 413
+ 236
- 202

•

ASSETS AND LIABILITIES OF
Total
All
Boston Mew
York
districts
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 , & a g r ' l loans
Loans t o brokers 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 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 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 indebtedness
Treasury notes
U . S . b o n d s ( i n c l u d i n g guaranteed o b l i g a t i o n s )
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
Gash 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
F o r e i g n banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS
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, a c c o u n t s



59*983
15,078
8,1*96

R e s e r v e
D i i3 t r i c t
Fed e r a 1
San
Minne- Kansas D a l l a s
P h i l a - Cleve- Rich- A t l a n t a Chicago s t ,
Francisco
Louis a p o l i s C i t y
d e l p h i a land mond
( I n m i l l i o n s of d o l l a r s )
7,055
2,981 22,283 2,1*32 1 , 8 9 5 2,062 2,073 8,701 1 , 9 1 6 1,21*0 2 , 3 3 8 2 , 0 0 7
1,530
1*85
273
£95
615
508
1,950
1*23
617 1,167
867
5,9^8
11*2
1*27
2
9
6
835
1
,
2
0
6
318
259
318
199
3,116
539
5U1

807
561*

29

636
375

1,252
I4i4.l1.
1,567
172
1,976
758
8,762
l*,85l*
27,089
3,1*1*2
10,087
617
2,107
1,525

35
15
82
9
il*o

1*30
213165
ll*8
565
172
2,71*9

39>303
10,220
6,616
9,21*2
1,313
183
2,21*5
5,197
13,753

16

35
335
1,600
189
1,159 10,631
1,183
96
1*71* 3,899
136
59
115
103
388
71

11
31

3
7

l
3

2
5

1
8

18
29

85
21
36
3
93
35
392
165
811*
159
371
33
11*5
37

11*7
71
211*

25
5
35

32
9
53

197
132
1,51*6
707
3,795
571
1,1*37
98
387
88

52
16
89
2
128

89
30
1*5
1
91*
51
365
182
61*1*
70
396
26
217
36

95
30
339
1
183
118
1,335
656
2,977
1*39
992
51
269
639

3,089 1,1*07 1,1*01*
380
1*53
1,331*
231
191
535
1*50
512
390
1*
7
9
12
5
16
1*2
98
11*1*
131
1*90

5,1*31*
1,982
933
1,61*3
29
10
57
623

1,1*73
312
193
539
1*

2,007

«-<*»•»

25
1
ia
296

1,815
269
1,978
2,517
293
2,913
3U3
11
1,160
2
139
25
1*51*
262
2,11*1

633

6,082

286

70
1*5

185
31
16
9
1*7
197
3
169
167
27
69
229
705
222
381
1,098 2,338
277
197
1*18
765
80
31*
86
190
76
50

2,208 15,519
1*67
3&*

1
10

33
28

550

2
7
1*6
9
65
5
90
30
365
132
1,027
85
356
1*1
131*
76

• • < •

89O

1*22

396

—

—— —

62
12
99
150
61*7
59
205
11
92
18

88
62
1*88
272
865
166
1*1*6
21*
268
23

1,128
368
211
515
5
9
15
11*1

721*
227
150
360
3

1,535
315
219
865

11
91

10
155

13
11*8

3,567
2,135
779
1*26
56
5
1,1*63
575

375

329

1*85

392

1,192

15
151*
198
79l*
11*0
328
21*
101
23

— .