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Form FR-234 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 3 , 1939. 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 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 March 291 Decreases of $30,000,000 i n l o a n s 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 and $148,000,000 i n h o l d i n g s of T r e a s u r y b i l l s , and an i n c r e a s e of $136,000,000 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 b a n k s . 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 $16,000,000 i n t h e Chicago d i s t r i c t and $9,000,000 a t a l l r e p o r t i n g member banks. 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 decreased $33>000,000 i n New York City and $30,000,000 a t a l l r e p o r t i n g member banks. " ... Holdings of T r e a s u r y b i l l s decreased $121,000,000 i n t h e Chicago d i s t r i c t , $20,000,000 i n New York C i t y , and $148,000,000 at a l l r e p o r t i n g member banks. Holdings of Treasury n o t e s decreased $2,000,000# Holdings of U. S. Government bonds decreased $12,000,000 i n t h e Richmond d i s t r i c t and i n c r e a s e d $8,000,000 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 decreased $16,000,000 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 "Other s e c u r i t i e s " i n c r e a s e d $7,000,000. Demand deposits—adjusted d e c r e a s e d $180,000,000 i n t h e Chicago d i s t r i c t , and i n c r e a s e d $177,000,000 i n New York C i t y and $15,000,000 a t a l l r e p o r t i n g member banks. D e p o s i t s c r e d i t e d t o domestic banks decreased $73,000,000 i n New York City and $35,000,000 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 $59,000,000 i n t h e Chicago d i s t r i c t . Borrowings of weekly r e p o r t i n g member banks amounted t o $3,000,000 on March 29. 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 March 29, 1939, f o l l o w s : < V J-iuj_a.j-j.wiiu vi v.vj-o.ua I n c r e a s e or d e c r e a s e Mar, since Mar. 22, Mar, 30, 29, 1939 1939 1938 ASSETS Loans and Investments - t o t a l + 769 21,579 -163 Loans - t o t a l 8,191 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 3,814 Open market paper 305 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 764 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 531 Real e s t a t e l o a n s 1,136 Loans t o banks 94 Other l o a n s 1,547 + + Treasury b i l l s Treasury notes U. 8 , 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 286 1,997 5,813 2,026 3,266 —148) - 2) + 8) - 10 + 7 + 318 + + 870 161 Reserve w i t h F e d e r a l Reserve banks Cash i n v a u l t Balances with domestic banks 7,515 424 2,579 +136 + 8 + 7 +1 ,760 + 94 + 681 15,991 5,217 629 + 15 + 5 - 1 — 6,466 613 3 - 35 + 1 + 2 +1 ,386 + 258 — 8 - 18 + 9 - 5 - 30 + 1 — — + - 4 3 *"* + 580 485 113 84 74 14 2 24 > 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 » Domestic banks Foreign banks Borrowings +1,723 4 67 Form FE-284-a STATEMENT FOR THE PRESS Board of Governors of t h e Federal Reserve System March 30, 1939 For immediate r e l e a s e ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BAMS IN CENTRAL RESERVE CITIES ( i n m i l l i o n s of d o l l a r s ) New York City Increase or Mar. decrease since 29, Mar. 22, Mar. 30, 1939 1939 1938 Mar* 29, 1939 Loans and Investments — t o t a l 7,895 - 47 + 319 1,974 Loans — t o t a l 2,864 - 32 — 294 1,360 118 611 — 6 - 1 - 33 + + - Chicago I n c r e a s e or decrease since Mar. 22, Mar. 30, 1939 1938 ASSETS 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 to brokers and d e a l e r s Other l o a n s f o r purchasing 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 notes 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. bank Cash i n v a u l t Balances with domestic banks Other a s s e t s — n e t 190 108 77 400 68 *743 *1,980 — — + + 2 6 - 20) - 5) + 5) 2 <4 - 117 + 91 541 + 12 - 73 289 32 69 363 15 32 + + 8 1 2 - 53 10 2 15 11 11 27 70 13 + 2 — w 48 —— —— + 1 1 + 1 — 8 + 103 123 212 664 - 117) + 2) 620 31 109 325 + 15 1 + + 18 43 +1,432 + 36 1 - 39 + 1 + + + 165 2 70 3 - 174 1 + + - 155 5 33 + + 192 2 - 11 1 16 38 - 1,054 1,186 + •f 4,390 55 128 392 +108 + 2 + 36 + 6 + - 52 84 708 24 154 50 7,135 629 111 +177 + 9 - 2 +1,035 19 - 177 1,265 471 83 2,651 540 - 73 - 4 + + 695 228 806 10 + - + 47 4 17 258 + + + + ) 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 Inter—bank d e p o s i t s J Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 3X4 1,480 2 ^Revised April 1, 1939. 52 — 2 1 + Form FR-28/r-b ASSETS AM) LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON MARCH 29, 1939 (In m i l l i o n s of d o l l a r s ) District Reserve federal Total San Minne- Kansas St. New P h i l a - Cleve- RichAll D a l l a s Francisco Atlanta Chicago Louis a p o l i s City d e l p h i a land mond d i s t r i c t s Boston York AS SETS Loans and Investments — t o t a l 21,579 1,135 8,745 1,129 1,849 671 605 3,050 716 372 653 504 2,150 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 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 8,191 572 3,215 408 652 236 307 875 308 155 257 245 961 3,814 305 764 252 63 30 1,461 125 617 184 22 22 234 9 20 101 9 4 171 3 6 514 29 37 182 3 5 78 3 2 154 19 5 161 1 3 322 19 13 531 1,136 94 1,547 24 80 3 120 246 195 78 493 32 52 1 95 26 169 1 193 17 34 13 27 1 86 81 99 4 111 11 50 5 52 7 7 10 23 14 20 58 46 46 50 380 1 176 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. GovH Other s e c u r i t i e s 286 1,997 5,813 2,026 3,266 9 71 305 49 129 68 803 2,198 1,116 1,345 — 41 324 94 262 11 203 597 106 280 156 167 49 63 8 32 113 60 85 123 345 999 236 472 24 59 162 63 100 6 36 117 17 4l 5 84 116 56 135 29 50 79. 48 53 3 117 636 132 301 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 7,515 424 2,579 1,272 343 140 141 80 4,506 72 221 485 273 18 170 107 394 42 294 105 145 20 164 35 113 13 165 48 931 56 390 84 131 11 151 23 76 7 99 18 164 12 267 22 112 11 2.32 29 327 22 285 236 15,991 5,217 629 1,019 250 16 7,696 1,013 129 793 283 53 1,147 748 42 436 200 28 366 185 41 2,005 897 131 441 189 20 261 119 2 490 144 23 432 137 34 905 1,052 110 6,466 613 261 27 2,727 542 318 11 362 1 247 252 1 1,055 11 282 126 1 359 197 280 19 3 766 3,684 ... -i 21 244 — — — — — — 71 —— — L I A B I L I T I E S Demand deposits-tad Justed Time d e p o s i t s U. S . Gov't d e p o s i t s Inter—bank d e p o s i t s i Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS — 320 1,602 — 17 222 17 367 29 95 7 92 21 391 2 6 92 7 56 3 99 5 83 313 341
@FedFRASER