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Foi-m F . R. 281+ STATEMENT FOE;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 17, l?i+2 Condition of Weekly Reporting Meijibor 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 the week ended August 12: I n c r e a s e s of $56,000,000 i n h o l d i n g s of Treasury b i l l s , $50,000,000 i n h o l d i n g s of United S t a t e s Government bonds* $62,000,000 i n b a l a n c e s w i t h domestic b a n k s , and $388,000,000 i n demand d e p o s i t s - a d j u s t e d , and a d e c r e a s e of $21+8,000,000 i n United S t a t e s Government d e p o s i t 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 loans i n c r e a s e d $11,000,000 i n the Cleveland D i s t r i c t and $17,000,000 a t a l l r e p o r t i n g member b a n k s . Holdings of Treasury b i l l s i n c r e a s e d $1*.$ ,000,000 i n New York City and $56,000,000 a t a l l r e p o r t i n g member b a n k s . ' Holdings of Treasury n o t e s d e c l i n e d $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 United S t a t e s Government bonds i n c r e a s e d i n most of t h e d i s t r i c t s and 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 $50,000,000• Holdings of Other s e c u r i t i e s ' ' i n c r e a s e d $21).,000,000 i n New York City and $53,000,000 a t a l l r e p o r t i n g member b a n k s . 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 i n a l l d i s t r i c t s , t h e p r i n c i p a l i n c r e a s e s being $85,000,000 i n New York C i t y , $81,000,000 i n t h e Chicago D i s t r i c t , and $14.6,000,000 i n t h e San F r a n c i s c o D i s t r i c t . United S t a t e s Government d e p o s i t s dec l i n e d $133,000,000 i n New York C i t y , $53,000,000 i n t h e Chicago D i s t r i c t , a n d $21*8,000,000 a t a l l r e p o r t i n g member b a n k s . D e p o s i t s c r e d i t e d t o domestic banks i n c r e a s e d $27,000,000 i n t h e Chicago d i s t r i c t , $23,000,000 i n t h e San F r a n c i s c o D i s t r i c t , and $1+6,000,000 a t a l l r e p o r t ing member b a n k s , and d e c l i n e d $38,000,000 i n New York C i t y , A summary of t h e p r i n c i p a l a s s e t s and l i a b i l i t i e s of r e p o r t i n g member banks and of d e b i t s t o demand d e p o s i t a c c o u n t s , f o l l o w s : Aug. 12, 191+2 I S Loans and Investments - t o t a l I n c r e a s e or d e c r e a s e since Aug. 1 3 , Aug. 5 , W W + 9l+ +l+,729 Loans - t o t a l Commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans Open market paper Loans t o b r o k e r s and d e a l e r s i n s e c u r i t i e s Other loans f o r p u r c h a s i n g or c a r r y i n g s a c s . Real e s t a t e loans Loans t o banks Other l o a n s / 33,603 10,61+2 6,1+25 329 537 1+02 1,230 37 1,682 - 7 + 17 + 2 - ll+ r + + - Treasury b i l l s Treasury c e r t i f i c a t e s of i n d e b t e d n e s s Treasury n o t e s U. S . bonds O b l i g a t i o n s g u a r a n t e e d by U. S. Government Other s e c u r i t i e s 2,065 1,1+06 2,821 11,172 2,01+5 3,452 + 56 - 8 - 30 + 50 + 33 +1,006 +1,1+06 + 565 +3,21+0 -1,267 - 200 9,667 1+95 2,775 + 5k - 26,526 5,112 1,889 +388 + 12 -21+8 +2,281 - 322 +1,345 + 1+6 - 3 + 2 + + Reserve w i t h F e d e r a l Reserve Banks Cash i n v a u l t Balances w i t h domestic banks L I A B I L I T I E S Demand d e p o s i t s - a d j u s t e d Time d e p o s i t s U, S . Government d e p o s i t s Interbank d e p o s i t s : Domestic bonks Foreign banks Borrowings Debits t o demand d e p o s i t accounts except i n t e r b a n k and U, S f G o v ' t Digitized for a FRASER c c o u n t s , d u r i n g week 8,602 68 9 21+ 9,004 - k - 2 6 - - + 20 + 62 - 21 279 70 80 38 2l+ 5 2i+3 927 6l 1+1 20 Form P . R. 2%.-a STATEMENT FOR THE PRESS ": For immedi&te r e l e a s e " ' " " * Board of Governors of t h e F e d e r a l Reserve System August 1 3 , l$+2 " ' CONDITION OFTOJEKLYREPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) Aug, 12 I9b2 . A S S E T S Chicago New York City I n c r e a s e or Increase or decrease since Aug. decrease since Aug. 5 , Aug. 13 12, Aug 1 3 , Aug. 5 , 191+1 1942 . 1942 1942 19U ' * Loans and I n v e s t m e n t s - t o t a l Loans--total C o m m e r c i a l , 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 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 i Loans t o banks Other loans 13,313 + h7 + 1;,272 3,282 + 9 +567 3,773 - 20 + 228 903 - 1 + 2b 223 30 90 707 17 26 10 7 1 39 51 2h -- 18 + 1 - 3 + 3 -- 11 143 519 4" 1 44 +1,145 413 189 158 1,160 + * - 9 1 2 1 + 51 +189 + bo +338 -2,595 58 • .. + 3 , - 16 148 ' mm mm - 2 + 55 - 12 - 8 151 10U 3b Ul3 - 6 + 1 - 2 -- Treasury b i l l s Trea-sury c e r t , of i n d e b t . 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. Government Other s e c u r i t i e s 725 519 1,577 b,3b5 + 45 + 19 - 33 + 8 + 1,089 1,285 + 4 + 2h - 110 137 97 362 — + 1 - 62 - 13 Reserve w i t h F . R. Bank Cash i n v a u l t Balances w i t h domestic banks Other a s s e t s - - n e t 4,187 75 28 299 -125 + 2 + 5 - 20 -1,076 15 +22 + 1 -23 + 1 - 92 + 5 25 1,0*44 45 203 bl 10,507 659 1,161 + 85 - 1 -133 281 104 +1 ,107 2,561 462 207 +35 -bl +292 - 31 +107 3,078 " 619 23 307 1,548 - 38 - 3 + 3 - 4 1,068 12 +20 + 1 + 4 + - • - - • - 3 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 : Domestic banks F6reign banks Borrowings Other l i a b i l i t i e s . CAPITAL ACCOUNTS D e b i t s t o demand d e p o s i t a c c o u n t s , e x c e p t i n t e r b a n k and U.S.Gov't a c c o u n t s , d u r i n g week . ^ ,U73 - *» + + + + 33 23 35 29 —— 13 287 mm w —- —— + 1 + 2, + 13' Form F» d 9 231|b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING" CITIES , AUGUST 12, I9ti2' (In m i l l i o n s of d o l l a r s ) Di s t r i c t R - e s e• r v e Fe d e r a l ' Total || • * San Minne- Kansas |; St. CleveRichP h i l a New 11 A t l a n t a Chicago Louis a p o l i s City {Dallas • F r a n c i s c o t i Boston land mond d e l p h i a York districts J * * * ASSETS Loans and Investments - t o t a l , 2,838 382 229 29 3 515 226 2 3 1,061 '1+71 13 8 5 16 9 35 ii+ 21 31 375 80 77 "1+9 165 62 22+ 25 187 20 39 72 58 99 206 61+ 122 115 65 1+1 : 71 130 1+3 l,0iii+ 196 132 57 237 59 275 16 151 20 130 9 93 11+ 302 18 231+ 18 282 32 651 1+ ,061+ 958 275 1,1+71+ 15 729 185 57 1+55 1+21 106 16 208 1 77k 157 51 606 715 130 50 527 1 1,713 1,081+ 78 i+iii 21 5 9i+ 1+08 397 231 655 1,782 li+,1+52 1,518 2,655 1,026 901 5,060 l,05l+ 578 983 Loans - t o t a l 10,614.2 Coram11, i n d ' l , stnd a g r ' l loans 6,1*25 Open market paper 529 Loans t o b r o k e r s and d e a l e r s i n s e e s . 557 Other l o a n s f o r purchasing or carrying s e c u r i t i e s 1+02 Real e s t a t e loans 1,250 Loans t o banks 37 Other loans . 1,682 776 m 95 12 I+„151 2,739 512 279 30 28 81+6 1+51 25 16 299 11+2 16 3 542 190 7 1+ l ,352 928 55 52 . 385 . 225 16 3 221 117 2 1 15 7h 1 153 196 192 3k 505 31 1+7 15 183 11 52 57 ll+6 10 62 97 178 7k 10 29 1 101 151+ 69 Treasury b i l l s Treasury c e r t , of indebtedness Treasury n o t e s U. S . bonds O b l i g a t i o n s guaranteed by U.S. Gov r t Other s e c u r i t i e s 2,065 1 ,1+06 2,821 11,172 2#0l+5 5*^52 112 766 54o 1.677 h.757 1,151 78 120 231+ 971 130 276 52 33 69 1+1+3 62 68 55 i+a 1,1+10 85 • 27 52 526 63 253 22 9 1+5 108 555 294 292 1,759 25U 576 72 81+ 61 297 36 119 Reserve w i t h F . R. Banks 9,667 Cash i n v a u l t 1+95 Balances w i t h domestic banks 2,775 Other a s s e t s - n e t 1,165 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 ... 26,526 Time d e p o s i t s 5*112 U. S . Government d e p o s i t s 1,889 I n t e r b a n k d e p o s i t s $ Domestic banks 8,602 Foreign banks 689 Borrowings 21+ Other l i a b i l i t i e s . 899 CAPITAL ACCOUNTS 3,961+ 1+60 65 4,585 105 ll+O 557 i+63 26 • 128 67 712 59 300 85 300 31 217 ' •1+8 252 ' l ,525 21 95 209 1+95 1+9 75 1,625 I I ,1+22 1,021+ 222 1,209 37 329 5,155 620 21 1 23 21 312 1,671+ 251+ 1,396 166 33 368 7 2,129 701 39 517 2 851 205 1+0 370 687 19l+ 1+6 579 5 Debits t o demand d e p o s i t accounts except i n t e r b a n k and U.S.Gov't a c c o u n t s , d u r i n g week 9,004 86 65 557 51 135 138 65 510 , 61 1+21+ 3,761 ~ 7b : 756 33,603 • 3kk 19 15 219 22 1+01 • 52 . 101+ 23 100 26 l+l+o 7 101 6 66 1+ 111+ 14+1 650 290 263 1,1+57 - 256 " 165 325 • 3k 278 33k