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Form F. R. 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 August 1 1 , 1941 C o n d i t i o n of Weekly R e p o r t i n g 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 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 August 6t An i n of $40,000,000 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 , a d e of $173,000,000 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, and a d e of $327,000,000 i n demand d e p o s i t s - a d j u s t e d . 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 $19,000,000 i n New York C i t y and $40,000,000 a t a l l r e p o r t i n g member b a n k s . 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 d e c l i n e d $16,000,000# Holdings of U n i t e d S t a t e s Government d i r e c t and g u a r a n t e e d o b l i g a t i o n s d e c l i n e d $44,000,000 i n t h e Chicago d i s t r i c t and $35,000,000 a t a l l r e p o r t i n g member banks. Demand d e p o s i t s - a d j u s t e d d e c l i n e d i n n e a r l y a l l d i s t r i c t s , t h e p r i n c i p a l d e c r e a s e s b e i n g $194,000,000 i n New York C i t y , $50,000,000 i n t h e Chicago d i s t r i c t , and $41,000,000 i n t h e Cleveland d i s t r i c t ; t h e t o t a l d e c r e a s e a t a l l r e p o r t i n g member banks was $ 3 2 7 , 0 0 0 , 0 0 0 . D e p o s i t s c r e d i t e d t o domestic banks d e c l i n e d $49,000,000 i n Hew York City and showed i n c r e a s e s i n a l l o t h e r d i s t r i c t s ; t h e t o t a l i n c r e a s e a t a l l r e p o r t i n g member banks was $ 1 3 , 0 0 0 , 0 0 0 . 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 b a n k s , t o g e t h e r w i t h changes f o r t h e week and t h e year ended August 6 , 1941, f o l l o w s : cities crease crease crease ( I n m i l l i o n s of d o l l a r s ) Increase or decrease since Aug. 7 , July 30, 1940 A S S E T S Loans and I n v e s t m e n t s - t o t a l . 28,761 - 10 +4,660 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 l o a n s Open m a r k e t p a p e r 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 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 10,597 6,087 397 462 439 1,254 39 1,919 + 25 + 40 + 9 - 16 +2,105 +1,641 + 106 + 78 33 + 43 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 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 —• + - 1 4 5 + 1 — + 270 - 32 - 4 —— + 337 + 142 +1,333 + 736 + 7 10,662 537 3,410 -173 - 24 - 71 + + 24,217 5,431 526 -327 + 11 + 32 +3,505 + 96 1 9,091 649 1 + 13 - 10 + 758 — 36 —— 1,075 2,253 7,920 3,305 3,611 — 550 49 297 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 deposits: Domestic banks F o r e i g n banks Borrowings ™ Form P.P.; 28/r-a STATEMENT FOR THE PRESS Board of Governors of t h e F e d e r a l Reserve- System August 7 , 19-41 For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BAIIKS III 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 decrease s i n c e Aug. Aug. 7 , 6 J u l y 30, 1940 1941 1941 Chicago Increase or decrease since Aug, 7 , J u l y 30, 1940 1941 Aug. 6 1941 A S S E T 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 agricultural loans Open market p a p e r Loans t o b r o k e r s and d e a l e r s Other l o a n s 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 loans Loans t o banks Other l o a n s 2,6S6 - 47 + 18 +2,474 + 7 + 746 873 2,337 + 19 8 3 - 1 332 " 7 + + + 629 4 57 649 + 2 33 - 1 4 1 11 54 21 + - 88 - 12,001 3,512 161 112 31 4-51 - 1 265 + + 217 8 *r 8 6 + 3 2 + 35 - 40 4- - + 22 39 90 + + 15 13 21 + + + 284 377 558 3-42 121 823 1 1 + + 476 33 159 368 -1,020 1,143 41 264 44 + 15 8 3 1 3 2 11 338 14 1 Treasury b i l l s Treasury notes T J. S, bonds O b l i g a t i o n s g u a r a n t e e d by Ue S . G o v ' t Other s e c u r i t i e s 625 1,432 3,195 + 34- 2 1,845 1,392 + Reserve v/ith F. R. Bank Cash i n v a u l t B a l a n c e s m t h d o m e s t i c banks Other a s s e t s — n e t 5,360 88 82 332 -229 - 7 — 4 + + + 10,906 763 39 —194 + 6 + 23 +1,272 + 63 + 4 2,276 494 100 - 27 - 1 3,778 587 - 49 - 10 + 1,010 — 5 272 1,518 - 10 + 10 - + l 70 2 - 366 + + - 28 + 2 + 1 8 L I A B I L I T I E S Den-ond d e p o s i t s - a d j u s t e d Tine d e p o s i t s U. S. Gov't d e p o s i t s Interbank deposits* Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 154 42 8 23 8 16 274 o 6 + + 15 1 + + 4 19 torn F. R. 28A-b ASSETS AND LIABILITIES OF WEEKLY REPORTING LEI.23ER BASKS IN 101 LEAD1MG CITIES OH AUGUST 6 , 1941 ( I n nilLHons of d o l l a r s ) District Reserve Federal Total San S t . Minne- Kansas D a l l a s Cleve— RichP h i l a New All A t l a n t a Chicago Boston F r ancisco a p o l i s City I Louis l a n d nond d e l p h i a York districts A S S E T S Loans and I n v e s t m e n t s - t o t a l 28,761 1,421 Loans - t o t a l 10,597 769 6,087 397 462 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 securities 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 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 . G o v ' t Other s e c u r i t i e s R e s e r v e w i t h F . R. Banks Cash i n v a u l t B a l a n c e s w i t h domestic banks Other a s s e t s - net 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. G o v l t d e p o s i t s Interbank deposits* Domestic banks F o r e i g n banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS ,334 2,218 791 734 4,079 849 464 793 622 2,478 3,918 561 861 316 377 1,341 405 239 384 328 1,098 418 87 13 2,488 102 337 300 42 27 411 20 14 148 14 3 190 5 7 882 48 39 233 21 4 123 3 1 227 28 4 2.19 2 4 448 25 9 439 1,254 39 1,919 16 80 4 151 207 196 31 557 31 51 20 184 1 211 13 50 11 38 2 124 61 138 12 60 6 15 10 33 38 386 —— —— 173 75 91 82 14 23 1 65 1,075 2,253 7,920 3,305 3,611 10,662 537 3,410 1,181 25 39 389 74 125 651 1,474 3,436 1,974 1,525 2 84 223 98 68 1 34 220 79 110 4 22 121 38 4o 400 575 24 216 77 291 26 275 43 1,546 80 599 76 243 14 198 21 113 7 117 14 6 45 113 111 134 213 18 316 20 32 34 121 47 60 5,525 112 239 9 47 115 71 115 181 16 255 52 343 217 1,256 361 561 533 150 197 68 2 182 729 181 263 768 51 387 90 158 13 298 31 49 814 175 342 516 26 313 289 24,217 5,431 526 1,445 231 14 1,130 67 ,231 260 17 1,767 747 48 665 209 33 531 191 49 3,428 998 137 587 191 22 349 111 2 615 l4l 15 579 134 38 1,348 1,088 84 9,091 649 1 754 3,882 386 21 1 22 249 477 6 537 1 374 354 2 1,366 9 422 182 1 477 275 1 367 20 — — 3,874 588 —— 110 26 383 96 268 —— 88 — — 279 1,644 16 219 21 393 41 104 13 98 •«'"« 21 421 6 97 — —— 7 63 3 109 192 — — 4 91 321 394
@FedFRASER