The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Form FR-284 STATEMENT FOR THE PRESS For immediate release Board of Governors of the Federal Reserve System August 14, 1939 Condition of Weekly Reporting Member Banks In 101 Leading Cities The condition statement of weekly reporting member banks in 101 leading cities shows the following principal changes for the week ended August 9i An increase of $30,000,000 in commercial, industrial and agricultural loans, and a decrease of $24,000,000 in loans to brokers and dealers in securities; an increase of $107,000,000 in reserve balances with Federal Reserve banks; and an increase of $89,000,000 in demand deposits-adjusted. Commercial, industrial and agricultural loons increased $26,000,000 in Hew York City, $6,000,000 in the Boston district, $4,000,000 each in the Cleveland and Chicago districts and $30,000,000 at all reporting member banks, and declined $4,000,000 each in the St. Louis and Dallas districts. Loans to brokers and dealers in securities declined $17,000,000 in New York City and $24,000,000 at all reporting member banks. Holdings of United States Treasury bills increased $12,000,000 in New York City and $7,000,000 at all reporting member banks. Holdings of Treasury notes increased $17,000,000 in New York City and $23,000,000 at all reporting member banks. Holdings of United States Government bonds declined $13,000,000 in New York City and $15,000,000 at all reporting member banks. Holdings of obligations guaranteed by the United States Government increased $6,000,000 in New York City and $18,000,000 at all reporting member banks. Holdings of "Other securities" increased $7,000,000. Demand deposits-adjusted increased $76,000,000 in New York City, $10,000,000 in the Kansas City district and $89,000,000 at all reporting member banks, and declined $11,000,000 in the Cleveland district. Time deposits increased $8,000,000. Deposits credited to domestic banks increased $23,000,000 in the Chicago district and $39,000,000 at all reporting member banks. Borrowings of weekly reporting member banks amounted to $10,000,000 on August 9. A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended August 9, 1939, followsi (In millions of dollars) 1 Increase or decrease since Aug. Aug. 2, Aug. 10, 9, 1938 1939 1939 ASSETS Loans and Investments - total +1,663 22,274 + 30 Loans - total Commercial, industrial, and agricultural loans Open market paper Loans to brokers and dealers in securities Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 8,156 3,917 310 631 522 1,170 74 1,532 - 10 + 30 - 3 — 24 — 4 + 2 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities 480 2,155 5,895 2,259 3,329 + 7) + 23) - 15) + 18 + 7 + Reserve with Federal Reserve banks Cash in vault Balances with domestic banks 8,791 446 2,777 +107 + 22 - 16 >2,241 + 53 + 412 17,551 5,251 548 + 89 + 8 1 +2,542 + 58 + 118 7,051 629 10 + 39 + 6 + 1 +1,162 + 315 + 10 L I A B I L I T I E S Demand deposits-adjusted Time deposits U. S. Government deposits Inter-bank deposits 1 Domestic banks Foreign banks Borrowings — - + — + - + - - 11 - 43 28 26 9 52 11 32 19 861 609 236 Form FE—284 STATEMEHT FOR THE PRESS Board of Governors of the Federal Reserve Syster August 10, 1939 For immediate release ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS 113 CENTRAL RESERVE CITIES (in millions of dollars) New York City Increase or Aug. decrease since 9, Aug# 2, Aug. 10, 1939 1938 ' 1939 Aug. 9, 1939 Chicago Increase or decrease since Aug, 10, Aug, 2, 1938 1939 A S S E T S Loans and Investments-total 8,332 + 23 + 805 2,112 Loans - total 2,807 + - 108 538 4 Commercial,industrial, and agricultural loans 1,464 Open market paper 114 Loans to brokers and dealers 484 Other loans for purchasing or carrying securities 186 Real estate loans 116 Loans to banks 64 Other loans 379 Treasury bills Treasury notes U.S. bonds Obligations guaranteed by U. S. Gov't Other securities Reserve v/ith F. R. banks Cash in vault Balances with domestic banks Other assets - net 206 835 2,176 1 + 26 62 73 377 + 274 - 2 + 18 355 + 4 + 18 - 1 14 2 - 3 18 - 17 15 3 3 - 3 + 68 14 — 2 — + - 5 2 15 57 50 — 5 + 12) + 17) - 13) 1,133 1,175 5,005 + 1 + 52 - 1 6 2 2 + 437 205 242 651 + + 1) 2) 1) + 224 i+ 347 129 149 327 + 1 2 + + 21 11 +1,704 + 12 + A - 109 922 + 29 + 5 + + + 47 4 +1,562 + 15 52 1,682 2 1 + + + 155 32 810. + 22 1 1 - 1 + + 126 4 38 221 48 - 10 17 4 L I A B I L I T I E S Demand deposits-adjusted Time deposits U. S. Gov't deposits Inter-bank deposits I Domestic banks Foreign banks Borrowings "Other liabilities 'CAPITAL ACCOUNTS 7,791 653 52 + 76 + 7 2,983 550 4 5 + + 562 276 9 2 + + 52 1 337 1,483 + 496 63 13 266 + + + 1 6 3 18 Form FR—284-b ASSETS Aim LIABILITIES OF WEEKLY REPORTING MEMBER 3AUKS IN 101 LEADING CITIES ON AUGUST. 9 ; 1939 VJ-il IWJL-L-ULViiO VJL UWXJ.UJ. P > Federal Reserve Di strict Total Llinrr- Kansas Dallas St. RichClevePhilaNew All Atlanta Chicago Boston apolis City Louis mond land delphia York districts 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 in securities Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans San Francisco 22,274 1,169 9,162 1,154 1,904 677 580 3,194 690 376 661 510 2,197 8,156 589 3,163 419 673 246 285 853 314 157 271 251 935 3,917 310 631 276 62 24 1,573 122 489 189 26 21 248 7 21 105 11 4 154 3 6 483 34 39 185 5 6 78 4 1 161 19 4 164 2 4 301 15 12 522 1,170 74 1,532 22 81 1 123 245 203 64 467 31 54 1 97 26 171 3 197 15 38 1 72 12 31 1 78 79 104 7 7 47 384 60 10 25 1 51 14 21 114 14 51 2 51 46 176 39 319 99 278 14 220 598 111 288 177 138 51 65 8 32 101 65 89 210 430 935 283 483 3 49 155 67 102 34 114 28 43 5 78 112 61 134 30 50 79 45 55 4 99 659 176 324 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U.S.Gov't Other securities 480 2,155 5,895 2,259 3,329 62 333 55 130 206 885 2,352 1,218 1,338 Reserve with F. R. bank Cash in vault Balances with domestic banks Other assets - net 8,791 446 2,777 1,237 415 140 155 79 5,152 80 178 454 370 17 188 101 444 42 275 103 169 21 170 38 139 13 186 47 1,167 67 499 80 184 11 161 23 91 7 127 16 188 15 301 23 125 11 246 30 347 22 291 243 Demand deposits-adjusted Time deposits U.S. Gov't deposits Inter-bank depositsi Domestic banks Foreign banks 17,551 5,251 548 1,118 249 16 8,347 1,029 71 885 285 53 1,216 737 42 465 200 29 383 185 40 2,459 930 111 457 190 22 288 119 3 509 143 23 448 136 32 976 1,048 106 7,051 629 288 24 3,069 552 357 14 386 2 256 ' 254 1 1,075 13 300 142 1 409 217 298 22 Borrowings Other liabilities CAPITAL ACCOUNTS 10 764 3,721 20 10 342 13 223 14 371 29 96 10 92 17 402 6 6 3 101 4 85 L I A B I L I T I E S 243 1,606 94 58 300 350
@FedFRASER