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Form P. R. 284 STATEMENT FOR THE PRESS For immediate r e l e a s e Board of Governors of t h e Federal Reserve System April 14, 19/1 Condition of Weekly Reporting Member Banks i n Leading C i t i e s The c o n d i t i o n statement 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 the 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 April 9$ I n c r e a s e s of $29,000,000 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 , $126,000,000-in holdings of United S t a t e s Treasury b i l l s , $113,000,000 i n r e s e r v e balances 'with Federal Reserve Banks, and $337,000,000 i n demand d e p o s i t s - a d j u s t e d , and a decrease of $175,000,000 i n d e p o s i t s c r e d i t e d to domestic banks. 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 $11,000,000 i n New York City and $29,000,000 a t a l l r e p o r t i n g member banks. Loans to brokers and d e a l e r s i n s e c u r i t i e s decreased $26,000,000 i n New York City and $7,000,000 a t a l l r e p o r t i n g member banks, and i n c r e a s e d $22,000,000 i n the Chicago d i s t r i c t . Holdings of United S t a t e s Treasury b i l l s i n c r e a s e d $68,000,000 i n Hew York City, $33,000,000 i n t h e Chicago d i s t r i c t , and $126,000,000 a t a l l r e p o r t i n g member banks. Holdings of United S t a t e s Government bonds i n c r e a s e d $24,000,000 and holdings of "Other s e c u r i t i e s " i n c r e a s e d $22,000,000. 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 $265,000,000 i n t h e Chicago d i s t r i c t , $15,000,000 each i n t h e Philadelpita and Cleveland d i s t r i c t s , and $337,000,000 a t a l l r e p o r t i n g member banks, and decreased $32,000,000 i n Hew York City. Time d e p o s i t s i n c r e a s e d $16,000,000. Deposits c r e d i t e d t o domestic banks decreased $101,000,000 i n t h e Chicago d i s t r i c t , $98,000,000 i n New York C i t y , and $175,000,000 a t a l l r e p o r t i n g member banks. Deposits c r e d i t e d t o f o r e i g n banks i n c r e a s e d $11,000,000. A summary of t h e 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, t o g e t h e r -with changes f o r t h e week and t h e year ended April 9 , 19-41, follows * ( i n m i l l i o n s of d o l l a r s ) Inc re ase or decrease simce April April 10, A p r i l 2 , 9, 1940 1941 1941 ASSETS 4- 186 +3,672 Loans and Investments - t o t a l 27,138 + 18 +1,215 9,846 Loans - t o t a l +1,101 429 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 5,494 —— + 8 Open markeb paper 347 7 Loans t o brokers and d e a l e r s i n s e c u r i t i e s 497 - 133 + 1 19 Other loans f o r purchasing or c a r r y i n g s e c u r i t i e s 455 — + 49 1,228 Real e s t a t e l e a n s 10 Loans to banks 13 39 8 4+ 219 1,786 Other loans + 281 868 4- 126 Treasury b i l l s — 2,181 2 + 359 Treasury notes +1,148 47,677 24 U, Sr bonds 2 + 372 Obligations guaranteed by U, S. Gov't 2,751 + 297 4Other s e c u r i t i e s 22 3,815 Reserve with F e d e r a l Reserve Banks Cash i n v a u l t Balances with domestic banks 11,428 5213,439 44- 113 30 149 + + + 817 48 254 337 16 6 +3,968 + 97 - 164 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 ! Domestic banks Foreign banks Borrowings 23,430 5,457 4l4 9,168 644 5 44— 175 11 + 5 — 4- + + 840 78 4 Form F. R. 2 8 / r a STATEMENT FOR THE PRESS Board of Governors of t h e F e d e r a l Reserve Systen A p r i l 10, 194-1 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 decrease since April April 2, April 10, 9, 1940 1941 1941 April 9, 1941 Chicago I n c r e a s e or decrease since April 2, April l o , 1940 1941 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 a g r i c u l t u r a l loans Open market paper Loans t o b r o k e r s and d e a l e r 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 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 2,636 + 66 + 422 269 777 + 21 + 210 4l4 16 145 548 24 55 - 1 + 1 + 22 + + + 157 5 26 5 7 12 30 55 20 1 — 11,132 + 79 +2,048 3,225 - 27 + 2,084 96 344 + 11 — 1 — 26 + - — 165 — 112: + 1 30' - 12 394 — + Treasury b i l l 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 by U. S. Gov't Other s e c u r i t i e s 318; + 68 1 1,359 + 1 9 3,173 + 5 + + Reserve with F. R. Bank Cash i n v a u l t Balances with domestic banks Other a s s e t s - n e t - + — — + 75 7 1 1 + 16 54 +154 + 1 - 50 — 18 2 27 5 + 33 + 3 + + 1,580 + 4 1,477 • + 10 + + 346 157 126 406 + + 6,315 84 120i 332 + 61 6 38 17 936 26 262 43 — 25 8424 114 364 136 827 + + + —- + 143 486 647 -157 + 5 - 37 - 2 9 6 + - + - 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. Gov't d e p o s i t s Interbank depositsi Domestic bunks F o r e i g n banks 10,994 . - 32 1 758 + 14 18 - 1 Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 11 ij 11 11 — 284- - 1 1,510 3,836 - 98 583 + 6 + 286 1 19 +1,927 + 45 —• 26 1,937 • +277 502 - 10 103 — + 1,071 7 98 + 106 r*s + 14 241 77 + — + + 11 15 17 266 + —- 2 form F. R. 284-b ASSETS AND LIABILITIES OF ?JEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES OH APRIL 9 - 1941 ( i n m i l l i o n s of d o l l a r s ) F e d e r a l R e s e r v e D i s t r i c t Total San Minne— Kansns St. Hew P h i l a - Cleve- Rich- Atlanta Chicago All Dallas Boston Francisco Louis a p o l i s j City d e l p h i a l a n d mond 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 , and a g r i c u l t u r a l loans" Open market paper Loans t o b r o k e r s and d e a l e r s i n s e c u r i t i e s Other l o a n s f o r purchasing or c a r r y i n g 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 Treasury n o t e s U.S. bonds O b l i g a t i o n s guaranteed by U. S. Gov*t Other s e c u r i t i e s Reserve with F. R. Banks Cash i n v a u l t Balances with 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. Gov't d e p o s i t s I n t e r b a n k deposits* Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 27,138 9,846 1,310 691 12,063 3,608 1,270 499 2,072 835 733 305 706 376 3,957 1,209 851 391 447 221 743 353 594 321 2,392 1,037 5,494 347 497 357 74 13 2,220 109 350 258 35 25 380 11 15 146 11 3 198 5 7 756 46 59 227 15 4 118 3 2 213 23 4 219 2 3 402 13 12 455 1,228 39 1,786 18 81 4 144 212 192 30 495 30 50 20 180 1 228 14 48 11 36 68 132 12 60 1 72 6 12 10 31 80 72 12 2A 1 60 42 382 1 185 868 2,181 7,677 2,751 3,815 42 40 345 55 137 318 1,400 3,441 1,670 1,626 — 28 389 81 2.73 8 153 668 135 273 66 237 55 70 o 51 104 53 116 58 37 184 65 116 12 20 116 32 46 27 48 103 81 131 31 33 110 37 62 1 50 769 187 348 11,428 521 3,439 1,197 645 149 190 67 6,492 107 262 433 602 24 199 81 772 51 375 90 271 27 281 40 168 17 262 50 1,318 195 14 190 22 108 7 112 15 216 18 315 21 149 14 306 31 492 27 352 272 23,430 5,457 414 1,434 232 12 11,758 1,121 37 1,203 1,648 749 259 13 33 6o4 208 28 480 191 37 3,014 549 192 14 328 114 2 591 146 10 546 136 28 1,275 1,103 66 9,168 644 5 761 3,844 389 22 1 23 248 3,928 584 4 290 1,635 463 6 520 1 373 383 2 1,409 9 414 177 1 455 — 289 1 368 18 — — 15 217 20 389 13 97 22 417 6 97 4 90 320 385 — 101 148 83 39 100 365 255 1,211 300 617 66 595 75 1,006 134 — 6 61 — 3 108