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Form F , R. 28]+
For immediate r e l e a s e

STATEMENT FOR THE PRESS
1

Board of Governors
F e d e r a l Reserve System

August 2b, I9k2

Condition of Weekly Reporting Member Banks i n Leading C i t i e s
The c o n d i t i o n statement of weekly r e p o r t i n g member banks i n 101 leading
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 l p ; Increases
of $81+5,000,000 i n h o l d i n g s of 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 , $74-2,000,000
i n United S t a t e s Government d e p o s i t s , and $192,000,000 i n demand d e p o s i t s - a d j u s t e d ,
and decreases of $106,000,000 i n d e p o s i t s c r e d i t e d t o domestic banks and $97,000,000
i n balances w i t h domestic banks.
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 d e c l i n e d $35#000,000 a t a l l
r e p o r t i n g member banks« Loans to brokers and u e a l e r s i n s e c u r i t i e s i n c r e a s e d
$1:3,000,000 i n New York City and $14.7,000,000 a t a l l r e p o r t i n g member banks.
Holdings of Treasury c e r t i f i c a t e s of indebtedness 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 $$16,000,000 i n New York C i t y , $183,000,000 i n the
Chicago D i s t r i c t , and $58,<300,000 each i n t h e Cleveland and San Francisco D i s t r i c t s . '
Holdings of Treasury b i l l s i n c r e a s e d $22,000,000 i n t h e Chicago D i s t r i c t , $11,000,000
i n t h e P h i l a d e l p h i a D i s t r i c t , and $1+2,000,000 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 $1+9,000,000,
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 $118,000,000 i n New York C i t y , $52,000,000
in the Cleveland D i s t r i c t , $1+0,000,000 i n the San Francisco D i s t r i c t , and
$192,000,000 a t a l l r e p o r t i n g member banks. United S t a t e s Government d e p o s i t s i n c r e a s e d i n a l l d i s t r i c t s , the p r i n c i p a l i n c r e a s e s being $373,000,000 i n New York
C i t y , $153,000,000 i n t h e Chicago D i s t r i c t , and $60,000,000 i n the San Francisco
District,
Deposits c r e d i t e d to domestic banks declined $54,000,000 i n New York C i t y ,
$32,000,000 i n t h e Chicago D i s t r i c t , $20,000,000 i n t h e S t . Louis D i s t r i c t , and
$106,000,000 a t a l l r e p o r t i n g member banks.
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 to demand d e p o s i t a c c o u n t s , f o l l o w s ;
( I n m i l l i o n s of d o l l a r s )

I n c r e a s e or decrease
since
Aug. 20,
Aug. 12
191+1
191+2

Aug.
19,
191+2

+5,492
54

Loans and Investments•— t o t a l

34,517

+914

Loans—total
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 e e s .
Real e s t a t e loans
Loans t o banks
Other loans

10,634
6,390
322
581+
389

-

Treasury b i l l s
Treasury c e r t i f i c a t e s 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, Government
Other s e c u r i t i e s

2,107
2,251
. 2,795
11,221
2,051

+ 1+2

9,61+2

- 25
** 15
- 97

-1,054

5,121+

+192
+ 12
+71+2

+2,263
- 311

8,1+96
673

-106
- 16
- 23

Reserve with Federal Reserve Banks
Cash i n v a u l t
Balances with domestic banks
L I A B I L I T I E S
De&and 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
Foreign banks
Borrowings
Debits t o demand d e p o s i t accounts
and U, S. Gov't
week

Digitized for except
FRASER i n t e r b a n k
http://fraser.stlouisfed.org/
a
ccounts, during
Federal Reserve Bank of St. Louis

1,229

38

1,682

3,^58

1+80

2,678
26,718
2,631

1

9,916

8

- 35
- 7
+ 47
"

+

13
l
1

+81+5
- 26

+ 1+9
+
+

6
6

+
+
-

210
82
il+o
1+8

-

23
3

-

248

+i,ol+3
+2,251

+ 519

+3,282
-1,263
- 286
-

56

+2,079
+

b2

Form F» R. 284a
•

; •

STATEMENT FOR THE PRESS:
Board, of Governors
of the Federal Reserve System
August 20, 1942

For immediate release

CONDITION OF WEEKLY REPORTING- MEMBER. BANKS IN CENTRAL .RESERVE CITIES
!
(In millions of dollars)
New York City
Increase or
decrease since
Aug.
Aug.'12, Aug. 20,
19,
1942
I9kl
1942

Aug.
19
1942

13,619

+306

+1,492 •

3.409

3,808

+35

+

263

2,591
56
461

-

+

206
28

702

+ U3

+ ll+4

149

-

m

35
U12

+ 1
- 1

Treasury b i l l s
Treasury c e r t , of indebt. •
Treasury notes
U. S. bonus
Obligations guaranteed by
U. S. Government
Other securities

717
835
l,5kk
4,54^

- '8
+316
- 35
- l

1,086
1,285

-

Reserve with F. R. Bank
Cash in vault
Balances with domestic banks
Other assets—net

4,280
72
. 34
299

+ 93

- 3
+ 6

Chicago
Increase or
decrease since
Aug.12, Aug. 20,
I9hl
.. # 2

A S S E T S

Loans and Investments-total
Loans--total
Commercial, i n d u s t r i a l , and
agricultural loans
Open market paper
Loans to brokers and dealers
Other loans for purchasing
or carrying securities
Real estate loans
Loans to banks
Other loans

104

4

-

2
2

--

3

+726

+127
6 •

+ 13

5

26

+ 48
- 15
- 9

11
5
3
4l

51
24

•

+ 108
+ 835
+ 99
+1 ,161

4l4
153
1,156

763

-

-

+
-

897
-

17

-

77

1

+ 1

2
3

- 12
v

+ 84'

4

+325
+ 42
+336

98

+ 1

- 61

211

361

1

- 13

- 1 ,059

- 26
- 1

-143
+ 4

-

+136

325

-

13

1,018
44

—

-

10,625
662
1,5314.

+118
+ 3
+373

-

3,024

- 54

-

200

41

-

3

16

354

2,555

-

6 '

-

1

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
• Foreign banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS
Debits to demand d e p o s i t
a c c o u n t s , except i n t e r b a n k ana
U.S.Gov't a c c o u n t s , d u r i n g
week




603

--

308

1,548

3.819

- 16
- 23

+ 1

-

102

+1,463

462

+134

341

1,033

12

+

35

+

43

;

+

30

287

1 7

961

:

- 30

-

1

+281

- 31

+246

+ 4
+ 3
+ 13

Form P . R. 284b

ASSETS AND LIABILITIES OF WEEKLY HEfGRTI'NG MEMBER BANK'S' IN 101 LEADING CITIES, AUGUST i y , 1 ^ 2
( I n m i l l i o n s of d o l l a r s )
Total
All
d i s t r i c t s Boston

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
Comm'l, i n d ' l , and a g r ' l l o a n s
Open market paper
Loans t o b r o k e r s and d e a l e r s i n sees
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 loans
Loans t o banks
Other loans
Treasury b i l l s
Treasury c e r t , 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 guaranteed by U . S . G o v ' t
Other s e c u r i t i e s
Reserve w i t h F . R. Banks
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
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
I n t e r b a n k d e p o s i t s : Domestic banks
Foreign 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 . G o v ' t
a c c o u n t s , d u r i n g week




34,517
10,6%
6,390
322
5%
389
1,229
38

New
York

F
d e r a 1
Re s e r v e
D i s t r i c t
P h i l a - Cleve- RichMinne- Kansas
St.
A t l a n t a Chicago Louis a p o l i s
d e l p h i a land mond
City |Dallas

1,819 14,781 1,565
772 4,182
513
279
442
2,735
30
93
59
28
14
467
13
74
1

1,682

135

2,107
2 ,251
2,795

ill
125
66

31
48

187

192
35
507

—

2,713 1,051
843
299
428
142
23
15
16
4

: • 944
340
189
6
4

5,259
1,341

11
52
1
74

8
29
1
103

57
146

10
62

153

15
183
- -

97

178
78
178
234
974
130
276

68

11,221
2,051
3,458

558
52
135

1,61(4
4,762
1,148
i,4io

96
55
54
533
64
250

9,642
480

456
63
132
66

4,482
99
137
356

432
27
109
66

722
59
390
86

287
30
200

L ,623 11,535 1,392
222 1,023
165
70 1,598
45
323 3,102
359
22
6
• 605

2,181
703
54
517
2

84o

2,678

1,188

26,718
5,124
2,631

8,496
673
\

759

876

901
3,961

21
254

313
1,674

9,916

562

4,144

13
219

58
50

69

445
62

49
205

45
372

"

1,076
379
221
919
15
34
32
3

58
79
77
235
46
109

1,759
259
576

242
19
203
46
691,
195
67

379
3

555
477

590 1,013
219
379
116
226
2
30
1
4

786
310
224
2
3

2,920
1,057
46 9
13
8

16

5

8
35

13
21

31
371

68

79

76

47

165

70

61

. 76

68

117
129
130

110
63
298

35

20
39

' 64
122

70
43
199
38
58

l ,472
92
46o
75

260
15
151
21

132

296

227

4,053

744

426
1,442
13

51
435

417
107
24

292

960

121

185

—

39
24

188

8

86
14

209

1

63

99

210

18
341
19
776

138

45

610
—-

22
401

100

100

to

7
101

6
66

114

717

328

27 9

1,591

296

171

359

55

19

24

San
Franci;

4

1,060

133
294

17

634
33

32

358

289

270

713
131

1,753

339
1

409
20

68

5
94

269

1,085
138

412
398
752