View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

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