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r Form F., R. 284 Board, of Governors of the Federal Reserve System April 20, 191*2 STATEMENT FOR THE PRESS For immediate release Condition of Weekly Reporting Member Banks in Leading Cities i The condition statement of weekly reporting member banks in 101 leading cities shows the following principal changes for the week ended April 15: Increases <?f $606,000,uOO in holdings of Treasury certificates of indebtedness and $454,000,000 in United States Government deposits, declines of $165,000,000 in reserve balances with Federal Reserve Banks and $74,000,000 in demand depositsadjusted, and an increase of $98,000,000 in deposits credited to domestic banks. Commercial, industrial and agricultural loans declined $?2,000,000 in New York City and $27,000,000 at all reporting member banks. Holdings of Treasury certificates of indebtedness, issued as of April 15, were $269,000,000 in New York City, $122,000,000 in the Chicago District, $43,000,000 in the Cleveland District, $1*0,000,000 in the Boston District, and $606,000,000 at all reporting member banks. Holdings of Treasury bills increased $37,000,000 in New.York City and $68,000,000 at all reporting member banks. Demand deposits-adjusted declined $353,000,000 in Mew York City and $74,000,000 at all reporting member banks, and increased $168,000,000 in the Chicago District. United States Government deposits increased $31+8,000,000 in New York City and $454,000,000 at all reporting member banks. Deposits credited to domestic banks increased $^>1,000>000 in New York City, $21,000,000 in the Philadelphia District, $20,000,000 in the San Francisco District, and $98,000,000 at all reporting member banks, and declined $45,000,000 in the Chicago District. / A summary of the principal assets and liabilities of reporting member banks, and of debits to demand deposit accounts, follows* (In millions of dollars) Increase or decrease' since April April B, April 16, 15, 191*1 1942 i A S S E T S Loans and Investments - total 31,502 +619 . +4,339 Loans - total . ,„ Commercial, industrial, and agricultural loans Open market pap»r Loans to brokers and doalers in securities Other loans for purchasing or carrying sees. Real estate loans , 11,332 6,9^3 1*19 433 It 08 1,214.1* 25 1,850 -1*9 - 27 - 3 -11 + 8 - 2 - 11* +1,1*61 +1,1*18' + 69 1*7 1*1 + 15 il* + 61 Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Obligations guaranteed by U. S.Government Other securities 1,113 606 2,361* 9,681 2,682 3,721* + 68 +606 - 1 + 11 - 11* - 2 + 235 + 606 + 185 +1,999 73 74 Roserve with Fedural Reserve Banks Cash in vault Balances with domestic banks 9,881* 502 3,323 -165 - 18 + 58 -1,794 + 1 - 225 21*, 725 5,118 2,191 - 71* + 1 +1*54 +1>148 - 332 +1,778 8,971 632 5 + 98 * 2 + 2 - Loans to banks Other loans *»"" L I A B I L I T I E S Demand deposits-adjusted Time deposits U. S. Government deposits Interbank deposits $ Domestic banks Foreign banks Borrowings Debits to demand deposit accounts except interbank and U. S. Gov't accounts, during current week ' 9,212 See reverse side. + 407 21 4 Beginning with this week the statement shows, as a memorandum item, the amount of debits to demand deposit accounts,. except interbank and United States Government accounts, as reported by member banks in 101 leading cities for. the week ending on the report date (Wednesday), The new.figures differ from the bank debits figures now published in a separate weekly statement which, as already announced, will be published monthly only beginning in'May, The older series represents debits to both demand and time deposit accounts of all depositors vxcept other.banks, and the. figures are currently reported by member and nonmember reporting banks in 27k centers; for li|l centers this series is available since 1919* Debits to demand deposit accounts, except interbank and United States Government accounts, as shown in the n<>w series for banks in New York City, amount to approximately 98 per cent of the total debits reported for New York City in the more complete series* For all weekly reporting banks in the 100 other leading cities , bank debits as.shown in the new series approximate $2 per cent of total debits reported for the l^O centexs (other than New York) included since I9I9 in the more -complete series,' As a result, there is a zAarked similarity in the weekly fluctuations of the two series, as to both direction and amount. Form Fi R. 2ol*-a STATEMENT FOR THE PRESS . Board of Governors of the Federal Reserve System April 16, 191*2 * For immediate release CONDI1! I ON OF WEEKLY REPORTING: MEMBER BASICS -IN CENTRAL RESERVE CITIES (In millions of dollars) Kew York" City Increase or decrease since Apr. Apr• 8| Apr. 16, 15, I9ul w W Chic ago increase 01 d ocroas^ since Apr. ""Apr, 8, Apr . 16, 15, 19142 I9I1I 1942 A S S E T S Loans and Investments-total Loans - total • 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 • 12,799 +225 +i,59li 3,380 - 33 + 2,755 77 321 - 32 - 3 -11 * 151+ 103 23 1*1*7 + 9 - - - - - — — - " + 69 651 911 - h + 660 .16 719 13 28 - 3 2 2 - 1 6 10 8 7 51 50 23 + + + + + 33 269 100 660 337 73 133 955 - 137 15 110 1*00 -1,727 6 27 33 1,135 29 2Q1* 1*1 378 269 1,1*66 3,33b * 37 +269 - 1 -10 1,1*1*9 1,1*73 - 21 -11 Reserve with F.R. Bank Cash in vault balances with domestic banks Other assets - net It,627 75 39 299 -11*3 - 3 -16 - 9 • - + - V — 133 1.65 12 16 - 1 1* 3 — — 1 Treasury bills Treasury cert, of indebt. Treasury notes U. S, bonds Obligations guaranteed by U. S. Government Other securities 4- 295 2,921* 73 - - 2 — 16 73 - + • + — + - 7 • - + h - •f 2 1 9 + - + + - 11* 73 3 122 16 10 98 2 I? . 1 ' L I A B I L I T I E S Demand deposits-adjusted Time deposits U. S. Government deposits Interbank deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS - 10.2QU 700 1,130 -353 - 3 +31*3 - 2,21*1* 1*59 300 « 3,511 567 * 51 * 1 256 1,51:1 + - Debits to demand deposit accounts, except interbank and U.S. Gov't accounts, during current woe3c 3*670 657 1*6 +1 ,162 — 6 l - - - + 636 26 1,095 9 27 31 22 281* 875 125 -+ 9 51 + * + — - " + - 2 + + 210 h3 200 18 2 6 18 Form F. R. 284-b- ASSETS AMD LIABILITI^ OF, WEEKLY.KiiPURIIKG Mr.a/iBER BANKS IN 101 LEADING CITIES, APRIL 15, 1 % % (In nn1 Lj ons of d' liars) Total All . New Boston districts York A S S E T S Loans and Investments - total . . . ' ;.F e d o i' a 1 K e s 6':. rv e D 1 s t r i c t San E H m i - Kansas Dallas St. : Cleve- (Eich"1 Phila- I Atlanta Ghicago Franc-is c( •City apolis Louis delphiaj land |mend - 51,562 1,624 13,874 1,433 2,483 ' 941 865 4,528 982 517 883 701 2,671 Loans - total Comm* l,ind*l,and agrT1 loans• Open market paper Loans to brokers & dealers in sees. Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 11,332 6,914.8 419 it 33 814 4,284 453 2,913 116 87 12 - 325 555 305 39 ; 27 833 436 34 13 340 I69 . 20 3 . 400 . 1,398 1 962 227 8 39 • 32 5 440 271 23 4 265 147 3 1 451 293 30 3 354 252 3 4 1,148 315 17 9 408 1,214; 25 1,850 14 76 l 142 196 191 23 544 32 48 16 182 12 53 10 59 6 16 9 33 12 22 36 337 - — - - Treasury bills . , Treasury cert, of indebtedness Treasury notes u. Se bonds Obligations guaranteed by U.S.Gov't Other securities 1,115 606 2,364 9,681 . 2,682 3,7214 53 40 42 485 55 135 460 118 175 71 Reserve with F. R. Banks Cash in vault Balances with domestic banks Other assets - net 9,98b 502 3,323 1,172 104 202 83 8 31 1 . "120 ' 422 . 2.33 1,536 4,184 1,547 1,613 12 15 25 475 92 259 4 12 77 340 102 60 "42 17 49 187 60 110 4,317 101 • 225 374 485 24 196 70 26 43 2 DC 834 160 279 667 57 343 37 292 28 239 46 207 18 • 256 47 — — 57 146 — - 162 379 122 222 1,483 306 613 1,560 72 601 74 73 -- — — " " 61 184 34 13 42 156 33 64 191 15 311 32 49 27 66 921 154 306 602 31 333 316 643 130 52 326 l 1,539 1,081 139 414 21 83 92 28 13 51 12 13 9 4014 • • 43. 261 . 150 150 62 27 .79 122 113 39 101 248 254 15 14 • 9 212 106 - 326 22 19 14 L I A B I L I T I E S Demand deposits-adjusted Time deposits U. S. Government deposits Interbank deposits# Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS Debits to demand deposit accounts except interbank and U. S. Gov't accounts, during current week 2it,725 5,118 2,191 8,971 632 5 804 3,937 9,212 1,542 11,194 217 1,059 47 1,237 345 3,599 20 5^ l 4 263 24 252 1,666 572 3,956 1,910 1,316 180 698 42 74 531 433 6. i l . — — - — 13 218 403 . 744 ' 577 ' 3,564 941 199 . 189 . 61 52 377 402 ••447 : - 1,473 2 11 — — -- — — 25 398 46 105 18 99 670 291 266 656 184 52 484 - - 356 • 106 21 192 1 — - - 29 435 7 101 6 65 1,425 282 172 . 684 134 37 520 — — - - 5 93 364 395 279 - 250 646 4 112
@FedFRASER