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Form FR-284 STATEMENT FOR THE PRESS For immediate release Board of Governors of the Federal Reserve System April 15, 1940 Condition of Weekly Reporting Member Banks in 101 Leading, Cities The condition statement of weekly reporting member banks in 101 leading cities shows the following principal changes for the week ended April 10: A decrease of $21,000,000 in commercial, industrial, and agricultural loans,increases of $78,000,000 in holdings of United States Treasury bills, $80,000,000 in holdings of "Other securities" and $174,000,000 in reserve balances with Federal Reserve banks, a decrease of $114,000,000 in balances with domestic banks, an increase of $290,000,000 in demand deposits-adjusted, and a decrease of $96,000,000 in deposits credited to domestic banks, Commercial, industrial, and agricultural loans decreased $23?000,000 in New York City and $2.1,000,000 at all reporting member banks. Loans to brokers and dealers in securities increased $8,000,000 in New York City and $5,000,000 at all reporting member banks. Holdings of United States Treasury bills increased $50,000,000 in the Chicago district, $14,000,000 in the St. Louis district, $12,000,000 in the Minneapolis district, and $78,000,000 at all reporting member banks. Holdings of United States Government bonds increased 626,000,000 in New York City and $11,000,000 at all reporting member banks. Holdings of "Other securities" increased $55,000,000 in. New York City, $11,000,000 in the Chicago district, and $80,000,000 at all reporting member banks. Demand deposits—adjusted increased $170,000,000 in the Chicago district, $17,000,000 in the Rich, ond district, $14,000,000 each in the Philadelphia and San Francisco districts, $13,000,000 in New York City, and $2.90,000,000 at all reporting member banks. Time deposits increased $5,000,000, Deposits credited to domestic banks decreased $81,000,000 in the Chicago district and $96,000,000 at all reporting member banks, and increased $18,000,000 in New York City. Deposits credited to foreign banks decreased $4,000,000 in New York City. A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended April 10, 1940, follows: (In millions of dollars) Increase or decrease since April 3, April 12, 1939 A S S E +1,775 +151 23,466 Loans and Investments - ;otal + 511 - 18 8,631 Loans - total + 541 - 21 Commercial, industrial, and agricultural loans 4,393 4- 2 + 36 339 Open market paper + 5 55 630 Loans to brokers and dealers in securities 65 2 474 Other loans for purchasing or carrying securities — 6 36 1,179 Real estate loans 19 — 2 49 Loans to banks + 6 37 1,567 • Other loans Treasury bills Treasury notes U. 3. bonds Obligations guaranteed by Other- securities S. Gov't Reserve with Federal Reserve banks Cash in vault Balances~ with domestic banks A B I L I 5mand deposits-adjusted Time deposits U, S. Government deposits Later—bank deposits» Domestic banks Foreign- banks Borrowings 78 1 11 1 80 + 341 + 198 +17 4 + 21 -114 +2,745 + 39 + 573 + - 5 5 +3,077 + 148 — 54 q6 4 +1,751 + 102 587 1,822 6,529 2,379 3,518 10,611 473 3,185 245 186 + 666 IBS 19,465 5,360 575 8,328 722 1 - - Form FR-284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System April 11, 1940 For immediate release ASSETS AIID LIABILITIES OF "JEEKLI REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (In millions of dollars) New York City Increase or April decrease since April 10, April 12, April 3, 10, 1940 1939 1940 1940 Chicago Increase or decrease since April 3, April 12, 1939 1940 A S S E T S 2,214 + 61 Loans and Investments - total 9,084 + 59 +1,087 Loans - total 2,956 - 20 + 173 567 + 1,670 112 489 - 23 4* 284 2 52 391 19 29 4* 2 + i - i 36 9 13 17 64 14 Commercial, industrial, and agricultural loans Open market paper Loans to brokers and dealers Other loans for purchasing or"carrying securities Real estate loans Loans to banks Other loans 160 119 42 364 •—1 —• + 8 + - 2 1 2 2 — — 4— — + 241 2 — M 36 + 33 <4 + 4" 1 5 1 - 4" — — — —' 50 — ~ — + -* 2 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities 175 873 2,526 - 1 + 6 + 26 4- 37 4* 119 4* 475 280 160 713 + 49 - 4 + 170 53 + 50 1,234 1,320 - 7 + 55 4- 184 4- 99 142 352 + + 6 8 4- 17 + 21 Reserve with F. R.banks Cash in vault Balances with domestic banks Other assets - net 6,254 78 82 349 + 53 + 2 Ifj - 39 +1,721 4- 21 + 3 40 954 28 235 48 + 4-1 + 1 - 5 + 1 + + 9,067 713 44 + 13 + 3 - 2 +1,846 88 + — 67 1,651 503 84 +169 + 1 - 1 4- 176 + 31 4- 1 3,595 660 + 18 - 4 + + 96 5 7 - 71 4- 220 4 273 1,495 + — — —' — 154 2 24 2 L I A B I L I T I E S Demand deposits-adjusted Time deposits U.S. Gov't deposits Inter-bank deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 3 1 + 841 117 45 12 | 17 252 — + — 1 4- 1 6 Form FB-284-b ASSETS AMD LIABILITIES OF T/EEKLT REPORTING MEMBER BATIKS III 101 LEAD BIG CITIES Oil APRIL 10, 19-40 (In millions of dollars) Federal Reserve District Total San Rich- Atlanta Chicago St. jMinne- Kansas Dallas New ClevePhilaAll Boston CityLouis 1apolis Francisco districts York delphia land mond A S S E T S Loans and Investments - total 23,466 Loans - total 8,631 Commercial, industrial, and agricultural loans 4,393 Open market paper 339 Loans to brokers and dealers in securities 630 Other loans for purchasing or carrying securities 474 Real estate loans 1,179 Loans to banks 49 Other loans 1,567 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. GovH Other securities Reserve with F. R. bank Cash in vault Balances with domestic banks Other assets — net L I A B I L I T I S S Demand deposits—adjusted Time deposits U» S. G o v H deposits Inter-bank deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACOCTTiJTS 1,186 624 9,913 1,155 435 3,300 1,935 707 682 269 636 308 3,344 928 736 331 426 194 689 304 530 270 2,234 961 302 69 22 1,784 119 494 207 28 25 277 9 21 119 15 3 161 4 5 554 39 34 191 11 4 102 4 l 180 23 4 178 2 4 338 16 13 19 80 1 131 212 196 42 453 31 49 1 94 25 172 2 201 15 41 11 31 1 95 75 114 7 10 10 29 43 382 112 13 53 1 58 587 1,822 6,529 2,379 3,518 15 38 334 49 126 185 909 2,741 1,312 1,466 31 314 100 275 12 157 648 126 285 137 153 54 69 1 35 118 69 105 281 289 1,052 275 519 10,611 473 3,185 1,179 501 143 186 73 6,438 97 216 419 504 20 215 85 588 45 321 98 190 22 261 38 143 14 230 50 19,465 5,360 575 1,215 237 14 9,677 1,002 26 5 1,091 68 51 1,335 746 47 508 201 34 8,328 722 1 730 3,733 338 21 1 21 247 3,690 661 426 5 463 1 279 1,617 15 215 16 379 — 70 58 13 22 1 50 44 32 153 69 107 13 32 116 22 49 18 64 99 66 138 18 41 92 50 59 57 709 187 320 1,262 62 536 80 177 13 197 22 94 7 99 16 192 16 302 24 132 12 292 29 390 22 330 240 416 190 45 2,498 962 134 482 191 17 294 118 3 527 146 ?M 473 137 31 1,038 1,076 107 316 1 315 1 1,266 9 355 161 1 419 — 262 1 317 21 37 96 12 94 22 393 4 87 310 347 — — 76 — — — 5 95 — — 6 59 — — — w 3 104 — — 169 — —
@FedFRASER