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Fqr immediate release STATEMENT FOR THE PRESS Board of Governors of the Federal, Reserve Systers August 16, 1937 Condition of Weekly Reporting Member Banks in 101 Leading Cities The condition atatement of weekly reporting member banks in 101 leading cities shows the following principal changes for the week ended August 11: An increase of $•49,000,000 in commercial, industrial and agricultural loans, and decreases of 431,000,000 in loans to brokers and dealers in securities, $27,000,000 in loans to banks, and $33,000,000 in holdings of United States Government diretit obligations; <: increases of $37,000,000 in dansmd deposits-adjusted and $35,000,000 in lovernment deposits; and an increase of $33,000,000 in reserve balances with Federal Reserve banks. Commercial, industrial, and agricultural loans increased somewhat in all but one Federal Reserve district, the principal increases being $18,000,000 at reporting , v. member banks in New York City, $8,000,000 in the Boston district and 06,000,000 in the San Francisco district, and the total increase being $49,QP0,000. Loans to brokers and dealers in securities and loans to banks declined #32,000,000 and 025,000,000, respectively, at reporting member banks in New York City. Holdings of United States Government direct obligations declined $57,000,000 x in New York City and *33,000,000 at all reporting member banks, and increased (.13,000,000 in the Chicago district and $11,000,000 in the Cleveland district. Holdings of obligations fully guaranteed by the United States Government declined Ol4,000,000 in New York City. Holdings of "Other securities" showed little change for the week. Demand deposits-adjusted increased '118,000,000 in the San Francisco district, #17,000,000 in the Kansas City district, $1-4,000,000 in the Chicago district and $37,000,000 at all reporting member banks. Time deposits declined $13,000,000 in New York City and $15,000,000 at all reporting member banks. Government deposits increased #19,000,000 in New York City, $12,000,000 in the Chicago district and $35,000,000 at all reporting member banks. Deposits credited to domestic banks declined #39,000,000 in New York City and $44,000,000 at all reporting member banks. Deposits credited to foreign banks declined $12,000,000 in New York City. Borrowings of weekly reporting member banks amounted to £42,000,000 on August t 11, a decline of $1,000,000 for the week. A summary of the principal assets And liabilities of the reporting member banks, together with changes for the week and the year ended August 11, 1937, followsi (in millions of dollars) Increase or decrease since Aug. 11, Aug. 4, Aug. 12, 1937 1936 1937 ASSETS Loans and investments - total +7 —47 22,331 Loans - total +9 +1,565 9,917 Commercial,industrial, and agricultural loans: * On securities 586 +2 * Otherwise secured and unsecured +47 3,962 * Open market paper 4*8 470 Loans to brokers and dealers in securities -31 +237 1,356 * Other loans for purchasing or carrying securities 701 -1 Real estate loans +3 1,165 +19 Loans to banks +73 -27 137 * — Other loans: On securities 714 * Otherwise secured and unsecured +8 826 U, S. Government direct obligations 8,209 -1,171 ~l4*# -Obligations fully guaranteed by U.S. Gov't -101 1,176 Other securities "286 3,029 -9 Reserve with Federal Reserve banks +267 +33 5,122 Cash in vault +16 -80 303 Balances with domestic banks -728 1,680 -11 L I A B I L I T I E S Demand deposits-adjusted 14,914 +162 +37 Time deposits +208 -15 5,229 U. S. Government deposits 498 +35 -323 Inter-bank deposits: Domestic banks —44 4,979 -979 Foreign banks 589 -12 +175 Borrowings 42 -1 +39 *Comparable figures not available. http://fraser.stlouisfed.org/ **August 4 figures revised (Chicago district) (B-8D4) Federal Reserve Bank of St. Louis STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System August 12, 1937 For immediate release ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (in millions of dollars) Chicago New York OiLty 19 3 6 19 3 7 19 3 6 19 3 7 Aug. 11 Aug. 4 Aug. 12 Aug. 11 Aug. 4 Aug. 12 ASSETS Loans and investments - total 8,323 8,428 8,621 2,033 2,016 2,078 Loans - total 3,996 4,031 3,160 722 715 566 * * 33 445 30 53 32 444 29 52 * * 75 14 2 75 14 2 * 24 46 25 42 * * Commercial,industrial,and agricultural loans I On securities Otherwise secured & unsecured Open market paper Loans to brokers and dealers Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loansi On securities Otherwise secured & unsecured 238 239 1,520 1,503 160 . 162 1,143 1,175 *• 943 37 271 135 99 272 134 124 * 229 198 228 197 * U. S. Gov't obligations Obligations fully guaranteed by U. S. Gov't Other securities 2,921 2,978 3,853 920 907 1,120 432 974 446 973 488 1,120 99 292 100 294 91 301 Reserve with F, R. bank Cash in vault Balances with domestic banks Other assets - net 2,342 52 66 449 2,311 49 67 445 2,355 54 75 459 • 563 27 136 62 561 27 137 62 567 32 197 70 133 33 * 15 5 L I A B I L I T I E S Demand deposits - adjusted Time deposits U. S. Gov't deposits Inter-bank depositst Domestic banks Foreign banks 5,968 719 258 5,978 732 239 6,229 571 191 1,514 453 55 1,508 454 42 1,497 444 101 1,858 543 1,897 555 2,425 376 534 7 532 7 651 6 Borrowings Other liabilities Capital account 28 375 1,483 29 388 1,482 mm mmm 345 1,427 Ml 17 241 2 17 241 *** **# 22 223 ^Comparable figures not available. (B-S04a) ASSETS AND LIABILITIES OF VSFKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON AUGUST 11, 1937 B-804b (Inffi-.H-uus of cL.llr.rs) Federal Reserve Districts Total San St. Minne- Kansas Dallas RichCleveNew PhilaAll Atlanta Chicago Louis apolis Boston Francisco City York delphia land mond districts ASSETS 22,331 1,324 Loans and investments - total 713 9,917 Loans - total Commercial, industrial, and agricultural loanst 39 586 On securities 284 3,962 Otherwise secured & unsecured -470 95 Open market paper 4l Loans to brokers and dealers in securities 1,356 Other loans for purchasing or 701 37 carrying securities 85 1,165 Real estate loans 5 137 Loans to banks Other loanst 67 714 On securities 60 826 Otherwise secured & unsecured 445 8,209 U. S. Gov't obligations 23 Obligations folly guaranteed by U.S.Gov't 1,176 143 3,029 Other securities 246 5,122 Reserve with F. R. bank 32 303 Cash in vault 80 1,680 Balances with domestic banks 81 1,265 Other assets - net L I A B I L I T I E S 964 1-4,914 Demand deposits — adjusted 279 5,229 Time deposits 498 35 U. S. Gov't deposits Inter-bank depositsi 209 4,979 Domestic banks 11 589 Foreign banks 1 42 Borrowings 28 842 Other liabilities 236 3,608 Capital account 730 291 503 229 2,121 1,026 19* 163 26 4 13 130 4 3 38 326 35 21 15 20 1 15 21 1 57 368 2 9 50 167 12 44 83 6 72 17 14 29 264 48 127 176 13 189 23 9 33 194 30 50 108 11 142 26 70 109 675 125 295 328 20 194 207 400 184 8 274 121 2 501 144 8 390 122 18 921 1,003 37 233 112 1 244 16 9,201 1,185 474 4,442 1,909 714 639 241 545 263 3,107 1,045 672 307 395 172 252 1,635 178 1,157 44 169 25 28 43 247 19 22 l4 92 11 4 11 121 4 7 50 585 54 61 54 131 11 6 9 79 8 2 352 243 99 38 60 3 38 178 3 19 29 3 16 27 6 92 82 6 13 46 8 9 6 262 264 3,139 477 1,143 2,463 68 138 521 49 58 330 100 281 239 16 116 87 121 43 86 5 61 269 333 37 160 106 30 39 297 34 67 129 18 105 42 25 •46 173 32 77 106 12 102 39 46 69 1,442 188 432 776 59 302 93 12 26 218 46 101 135 11 80 23 6,497 1,120 265 819 281 18 1,101 729 15 431 199 11 342 180 12 2,274 867 69 1,926 545 35 387 1,616 272 5 1 19 228 334 1 3 17 345 179 172 2 2 6 88 737 8 — — 22 91 —• •— 20 362 — — — — 8 88 — — — — 7 56 385 176 ~ — — ~ — — — — 3 90 4 80 — — 321 328
@FedFRASER