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Form FR-284 STATEMENT FOR THE PRESS For immediate r e l e a s e Board of Governors of t h e F e d e r a l Reserve System A p r i l 22, 1940 Condition of Weekly Reporting Member Banks i n 101 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 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 A p r i l 171 I n c r e a s e s of $37,000,000 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 , $118,000,000 i n r e s e r v e b a l a n c e s with F e d e r a l Reserve banks, $190,000,000 i n demand deposits-adjusted, and $136,000,000 i n d e p o s i t s c r e d i t e d t o donestic banks. Connercial, 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 $21,000,000 i n New York City and $37,000,000 a t a l l r e p o r t i n g neriber banks. Loans t o brokers and d e a l e r s i n s e c u r i t i e s decreased $10,000,000 i n New York City, Holdings of United S t a t e s Treasury b i l l s i n c r e a s e d $19,000,000 i n t h e Chicago d i s t r i c t and $21,000,000 a t a l l r e p o r t i n g member banks, and decreased $10,000,000 i n New York City, Holdings of Treasury n o t e s i n c r e a s e d $19,000,000 in Hew York City. Holdings of United S t a t e s Government bonds i n c r e a s e d $36,000,000 i n Hew York City and $25,000,000 a t a l l r e p o r t i n g member banks. Holdings of o b l i g a t i o n s guaranteed by t h e United S t a t e s Government i n c r e a s e d $24,000,000 i n Hew York City, Holdings of "Other s e c u r i t i e s " i n c r e a s e d $10,000,000 a t a l l r e p o r t i n g member banks. Demand deposits—adjusted increased$313.,000,000 i n t h e Chicago d i s t r i c t , $39,000,000 i n Hew York C i t y , $24,000,000 i n the Hew York d i s t r i c t o u t s i d e New York C i t y , $16,000,000 i n t h e Sen Francisco d i s t r i c t , and $190,000,000 a t a l l r e p o r t i n g member banks. Time d e p o s i t s decreased $49,000,000 i n Hew York City and $48,000,000 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 domestic banks i n c r e a s e d $85,000,000 i n Hew York C i t y , $15,000,000 i n t h e Cleveland d i s t r i c t and $136,000,000 a t a l l r e p o r t i n g member banks, and decreased $21,000,000 i n t h e Chicago d i s t r i c t . Deposits c r e d i t e d t o f o r e i g n banks decreased $5,000,000 i n Hew York C i t y , 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 the week and t h e year ended April 17,1940, f o l l o w s t April 17, 1940 I n c r e a s e or decrease since A n r i l 10, A p r i l 19, ' 1940 1939 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 o r 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 loans 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 23,589 8,653 4,430 331 619 474 1,183 47 1,569 608 1,840 6,5542,406 3,528 +123 + 22 + 37 - 8 - 11 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 domestic banks 10,729 46 2 3,239 +118 - 11 + 54 +2,629 + 45 + 654 19,655 5,312 577 +190 — 48 +3,036 + 99 51 8,464 717 1 +136 - 5 +1,888 L I A B I L I T I E S Demand deposits—adjusted Time d e p o s i t s U, S. Government d e p o s i t s Inter—bank d e p o s i t s i Domestic banks Foreign banks Borrowings — + + + + + + + + +1,781 + + + — — — 4 2 2 21 18 25 27 10 + 2 - + + — + + + + + 529 572 26 71 63 38 24 51 251 175 653 376 147 47 1 Form FR-284 STATE,IEKT FOR THE PRESS Board of Governors of t h e F e d e r a l Reserve System A p r i l 18, 1940 For immediate r e l e a s e ASSETS Aim LIABILITIES OF WEEKLY REPORTING MEMBER BAilXS IK CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) April 17, 1940 New York City I n c r e a s e or April decrease since A p r i l 10, A p r i l 1 9 , 17, 1940 1940 1939 Chicago I n c r e a s e or decrease since A p r i l 10, A p r i l 19, 1940 1939 ASSETS Loans and I n v e s t m e n t s - t o t a l 9,165 + 81 +1 ,100 ,244 +30 +287 Loans - t o t a l 2,967 + 11 + 175 575 + 8 + 45 1,691 110 479 + 21 - 2 - 10 + 309 7 — 72 400 18 30 + 9 - 1 + 1 + 41 + 3 + 2 36 9 17 11 64 14 — — — — + 4 l 49 - 1 + 2 +20 Commercial., i n d u s t r i a l , and agricultural loans Open market paper Loans t o b r o k e r s and d e a l e r s Other loans f o r p u r c h a s i n g or -carrying 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 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 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 159 119 42 367 - 1 — — + w — - + 3 — — — — +224 - 52 + 45 142 354 + 2 + 16 + 9 ,509 27 4* 9 — 32 996 29 240 46 +42 + 1 + 5 - 2 +142 + 3 + 29 - 3 + 39 — 49 + 1 +1,738 + 40 — 67 ,746 503 84 +95 +210 + 30* + 1 + 85 - 5 + + 890 62 945 8 -20 + 1 61 11. 17 252 165 892 . 2,562 - 10 + 19 + 36 — 5 + 153 4- 475 300 160 713 1,258 1,321 + 24 + 1 -H 215 ~r 87 6,246 81 83 349 - 8 +1 + + 3 1 + 9,106 664 45 3,680 655 — — ' L I A B I L I T I E S Demand deposits—adjusted Time d e p o s i t s U. S. Gov't d e p o s i t s Inter-bank deposits: Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS — — 279 1,495' — + — — —• —• ~ 6 — —' — + — +226 - 4 + - 2 7 Form FR-284-b ASSETS Aim LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON APRIL 17, 1940 Total All Boston districts Loans and Investments — t o t a l 23,589 8,653 Loans — t o t a l Commercial, i n d u s t r i a l , and 4,430 agricultural loans 331 Open market paper 619 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 474 or c a r r y i n g s e c u r i t i e s 1,183 Real e s t a t e l o a n s 47 Loans t o banks 1,569 Other loans 608 Treasury b i l l s 1,840 Treasury n o t e s 6,554 TJ. S. bonds 2,406 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 3,528 10,729 Reserve w i t h F. R. bank 462 Cash i n v a u l t 3,239 Balances with domestic banks 1,180 Other a s s e t s - n e t L I A B I L I T I E S 19,655 Demand d e p o s i t s - a d j u s t e d 5,312 Time d e p o s i t s 577 U. S. Gov't d e p o s i t s Inter-bank deposits t 8,464 Domestic banks 717 Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 1 739 3,734 Mew York Federal Reserve D i s t r i c t St. P h i l a - Cleve- Rich- Atlanta Chicago Lords d e l p h i a land mond Minneapolis San Kansas Dallas Francisco City 44l 1,934 708 684 271 634 307 3,369 936 741 329 427 194 692 306 525 265 2,225 959 1,805 117 484 212 28 25 277 9 21 124 11 3 160 4 5 562 39 35 189 11 4 102 4 1 181 23 4 176 2 3 337 15 12 31 50 1 94 26 173 2 200 15 41 10 29 13 22 43 383 31 314 101 275 510 20 216 84 300 290 1,047 276 520 1,318 61 550 79 70 14 31 115 22 51 91 59 21 64 97 286 610 44 332 97. 137 153 54 69 185 21 265 35 13 53 1 58 51 32 152 70 107 181 11 191 22 7 10 175 928 2,785 1,336 1,467 6,432 99 226 427 11 31 1 95 1 35 116 69 106 140 13 238 50 75 114 131 14 38 340 49 127 516 141 177 76 211 196 42 456 138 192 15 320 24 49 19 41 91 50 59 133 10 306 29 169 2 57 697 187 323 421 21 331 242 1,218 237 14 9,740 1,042 69 1,000 266 54 1,349 747 47 499 201 34 413 191 44 2,609 964 135 476 191 17 118 538 146 24 478 137 30 1,054 1,072 107 346 21 3,776 657 437 5 478 1 322 - - 318 2 1,245 9 360 159 1 428 266 1 329 20 15 215 16 379 37 97 13 94 22 393 6 96 7 58 3 104 4 87 311 347 1,194 626 10,002 3,311 305 68 22 19 81 — — 1 20 247 — 11 156 647 12.6 77 — 285 1,617 — 111 6 87 15 281 2 66
@FedFRASER