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Form F. R. 28 It 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 27, 19^2 C o n d i t i o n of Weekly Reporting Member Banks i n Leading C i t i e s The c o n d i t i o n s t a t e m e n t 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 22$ A d e c r e a s e of $71;,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 loaris, an i n c r e a s e of $^20,000,000 i n demand d e p o s i t s - a d j u s t e d , and d e c r e a s e s of $39^,000,000 i n Government d e p o s i t s and $238,000,000 i n d e p o s i t s c r e d i t e d t o 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 loans d e c l i n e d $$6,000,000 i n New York C i t y , $11,000,000 i n the Chicago D i s t r i c t , $8,000,000 i n t h e S t . Louis Dist r i c t , and $7^,000,000 a t a l l r e p o r t i n g member b a n k s . Holdings of United S t a t e s T r e a s u r y b i l l s d e c l i n e d $1*5,000,000 i n t h e Chicago D i s t r i c t and $10,000,000 a t a l l r e p o r t i n g member b a n k s . Holdings of o t h e r United S t a t e s Government o b l i g a t i o n s and of n Other s e c u r i t i e s " showed l i t t l e n e t change f o r the week. 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 in n e a r l y a l l d i s t r i c t s . The p r i n c i p a l i n c r e a s e s were $206,000,000 i n New York C i t y , $123,000,000 i n t h e Chicago D i s t r i c t , $58,000,000 i n t h e Cleveland D i s t r i c t , a n d $30,000,000 i n t h e P h i l a d e l p h i a D i s t r i c t ; t h e t o t a l i n c r e a s e was $1*20,000,000, United S t a t e s Government d e p o s i t s d e c l i n e d $21+9>000,000 i n New York C i t y , $1+1,000,000 i n t h e Chicago D i s t r i c t , $23,000,000 in t h e San F r a n c i s c o D i s t r i c t , $22,000,000 i n t h e Cleveland D i s t r i c t , and $39^,000,000 a t a l l r e p o r t i n g number b a n k s . Deposits c r e d i t e d t o domestic banks d e c l i n e d i n a l l d i s t r i c t s . The p r i n c i p a l d e c r e a s e s were $80,000,000 i n New York C i t y , $72,000,000 i n t h e Chicago D i s t r i c t , and $17»000,000 i n t h e P h i l a d e l p h i a D i s t r i c t ; a l l r e p o r t i n g member banks showed a d e c r e a s e of $238,000,000. 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, and of d e b i t s t o demand d e p o s i t a c c o u n t s , f o l l o w s $ ( I n m i l l i o n s of d o l l a r s ) I n c r e a s e or d e c r e a s e April since 22, A p r i l 15, A p r i l 23, > 1942 A S S E T S 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 p u r c h a s i n g or c a r r y i n g s e e s . Real e s t a t e l o a n s Loans t o banks 1 Other loans Treasury b i l l s T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s Treasury notes 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. Government Other s e c u r i t i e s Reserve with F e d e r a l Reserve Banks Cash i n v a u l t Balances w i t h domestic banks 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 j Domestic banks Foreign banks Borrowings Debits t o demand d e p o s i t a c c o u n t s except i n t e r b a n k and U. Si G o v ' t c cFRASER o u n t s , d u r i n g c u r r e n t week Digitizedafor 19U2 31,393 11,21*2 6,874 1*15 2+33 . Uoo -109 30 + 5 1,2'bb 1,846 1,103 609 2,361 9,695 • 2,667 - 90 - 7h - b - 5 8 W +3,817 +l,bll +1,365 + 60 , 28 b5 b. + 13 7 53 - 10 + + + 225 609 170 - + 3 - 3 + lb - 15 3,716 - 9,896 519 + 12 + 17 8 + +1,951* - b3b 88 3,211; -109 -1,339 3 - 186 25,115 *1*20 - 3 "39 b +1,383 - 328 +1,385 -238 - 5,115 1,797 8,733 61*3 6 9,083 + 11 + 1 , * 290 10 5 Form F. K. 284-a STATEfcJSNi! FOR THE PRESS Board of Governors of t h e F e d e r a l Reserve System ^ p r i l 23,,1942 For immediate r e l e a s e CONDITION OF ".2EKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (In m i l l i o n s of d o l l a r s ) Apr, 22, 1942 * a S S E I S Loans and I n v e s t m e n t s - 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 looms Open market paper Loans t o brokers and dealers Other loans f o r purchasing or carrying s e c u r i t i e s Real e s t a t e loans Loans to banks Other loans 12,707 - 42 +1,251 - 4o + 638 898 2,719 78 320 -f 36 1 l 4* 631 16 3 708 13 . 26 14 9 ' ' 50 23 11+3 103 28 1M 387 267 1,1+58 3,824.3 Reserve w i t h F. R. Bank Cash in v a u l t Balances with domestic banks Other a s s e t s - n e t 4,565 78 81+ 299 r- 6 - ~ - - 5 3 + 1M5 1,462 4- 22 4- 267 • !. 4- 68 ! 4- 641 ! 285 75 134 951 I ! 110 402 - 4 11 - 62 3 5 - 1 ,4l6 5 13 25 - + — i 4- - - 348 7 1,213 29 290 39 +281 13 +130 11 T 2 +157 - 12 - 16 m T 4 — + -• 2 — + 3 52 3 4- l 4 + 2 + 75 - 2 +118 4- 2 - 3? - 9 - 4- 78 — 4- 6 2 - +131 - 6 + 26 - 2 } I i + 206 10,1+90 700 931 5 258 1,542 536 | 2,349 4i. , i 459 4* 914 268 1 - +105 • T>t 249 80 4" 9 3,231 576 Debits t o demand d e p o s i t a c c o u n t s , except i n t e r b a n k and U.S.Gov't accounts, d u r i n g c u r r e n t week 3,1*15 78 49 ' ' 9 2 8 4* 14 - -69 — 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 deposits U. S. Government d e p o s i t s Interbank d e p o s i t s j Domestic banks' Foreign banks 2,855 ' 3,32+0 Treasury b i l l s Treasury c e r t , of i n d e b t . Treasury notes U. S. bonds Obligations guaranteed by U. S. Government Other s e c u r i t i e s Borrowings Other l i a b i l i t i e s • CAPITAL ACCOUNTS Chicago I n c r e a s e or decrease since Apr. 22, Apr. 15,. Apr. %3, 191+2 1941 I9u2 New York CityI n c r e a s e or decrease since Apr. 15,4Apr. , 1942 1 w - + 5 2 4- • 1 •* 4* + • 4- 541 16 i ;1,035 1 9; - 32 - 60 — +261 - 43 +168 + 19 + 2 { i 5 . 24 31' mm mm ! ' 22 284 880 + 5 + 18 Form F. R. 28l*~b ASSETS AND LIABILITIES OF TiEEKLY REPORTIMF MEMBER BANKS IF 101 LEADING CITIES, APRIL. 22, 191+2 . (In -millions of d o l l a r s ) To t a l All districts A S S E T S Loans and Investments - t o t a l Loans - t o t a l Coram' l , i n d ' l,ajid agr* 1 loans Open market paper Loans t o brokers & dealers in sees. Other loans f o r purchasing or carrying s e c u r i t i e s Real e s t a t e loans Loans to banks Other loans Treasury b i l l s Treasury c e r t , of indebtedness Treasury notes U. S. bonds obligations guaranteed by U.S.Gov't Other s e c u r i t i e s Reserve with F. R. Banks Cash in 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 deposits U. S. Government deposits Interbank d e p o s i t s : Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS » Debits t o demand deposit accounts except interbank and U. S. Gov't accounts, during current week 31,393 11,21+2 6,874 H5 433 Boston New York Federal Reserve D i s t r i c t p h i l a - Cleve- Rich- A t l a n t a Chicago 1TE7 Louis mond delphia land 13,831 1,1*36 1*,21*0 551 809 301* 2,879 1*51 38 87 115 27 11 321* 2,1*83 881 1*31 .34 13 929 335 166 32 1*8 16 182 11 1,630 11* 190 1 30 1,81*6 " l u l 28 51*1 1*00 1,2 1+1* 1,103 609 2,361 9,&95 2,667 3,716 9,896 519 3,2 lli 1,158 •76 191 1*31 58 280 39 1*6 1,530 1*87 . 4,198 1,51*2 55 136 1,610 1*57 4,770 119 161 73 106 205 371* 25,11*5 1,51*6 11,1*13 983 3,316 577 5 261* 3,936 1*2 336 22 1 21* 252 9,083 526 5,115 1,797 8,733 61*3 6 805 217 1,060 —— - - 20 3 53 ' 105 202 82 11* 92 257 29 1*3 208 886 157 279 1* 12 71* 31*1 97 66 1+81+ 25 190 70 695 ' 291* 31 58 236 339 1*6 88 16 •21* 1*79 1,31*6 172 31* 416 • 6 1,966 698 52 520 2- 866 1+.1+62 396 1,382 951 37 223 7 5 8 31 . 1 121 U3 19 '1*9 29 Minneapolis 978 * 517 1*35 263 11*7 263 23 3 l 1* 9 33 12 22 36 387 S3 28 13 1*3 60 182 36 11* 1*2 16 61 30 67 913 151+ 303 586 31 300 11+6 59 162 76 91 354 121 221 51 1*3 11* 9 11* 150 1,1+83 263 59 Hi* 27 l+o 201 19 243 1*7 1,623 255 105 751* 587 3,&7 —— 50 1*31*: 2 199 38 395 I89 - - —— 73 613 73 9hl 336 l,Uo6 11 16 208 21 2,675 1,11+7 5 16 I89 60 110 701 351 250 10 306. 615 885 1*1+9 290 57 13 San Kansas D a l l a s Francisco City 9 78 15 661 181* 1*6 1*60' 337 105 22 187 1 31 3 3 1* 516 17 9 150 156 21*9 16 309 19 177 307 32 320 6#3 131+ 31+ :5U 638 130 1,525 1,086 320 1+12 80 122 38 61* 1*1+ l 116 21 218' 25 398 1+7 103 19 100 28 1*35 6 1,668 13 101 7 65 3 113 6 91+ 363 389 3,711* 1*36 690 317 288 1,1+37 285 176 29I+ 233 687