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Forn FR-284 STATKIEIJT FOR THE PRESS For immediate r e l e a s e Board of Governors of t h e Federal Reserve System August 26, 1940 Condition of Weekly Reporting Member Banks i n 101 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 the folio-wing p r i n c i p a l changes f o r the week ended August 21: Increases of $68,000,000 i n holdings of "Other s e c u r i t i e s " , 694,000,000 i n r e s e r v e balances with Federal Reserve Banks, and $167,000,000 i n demand-deposits-adjusted. 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 decreased $12,000,000 i n Hew York City and $6,000,000 a t a l l r e p o r t i n g member b a n k s . Holdings of United S t a t e s Treasury b i l l s i n c r e a s e d $14,000,000 i n Hex? York City and $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 decreased $20,000,000 at a l l r e p o r t i n g member banks. Holdings of "Other s e c u r i t i e s " i n c r e a s e d $66,000,000 i n Hew York City and $68,000,000 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 i n c r e a s e d $112,000,000 i n New York City, $21,000,000 i n t h e Chicago d i s t r i c t , $13,000,000 i n the Cleveland d i s t r i c t , $10,000,000 i n the Boston d i s t r i c t , and $167,000,000 a t a l l r e p o r t i n g member banks. Time d e p o s i t s i n c r e a s e d $10,000,000. Deposits c r e d i t e d t o domestic banks decreased $8,000,000 i n t h e Cleveland d i s t r i c t , $6,000,000 i n New York City, and $28,000,000 a t a l l r e p o r t i n g number bonks. Deposits c r e d i t e d t o f o r e i g n banks decreased $12,000,000 i n Hew York City. 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, t o g e t h e r with changes f o r the week and t h e year ended August 21, 1940, f o l l o w s : (In m i l l i o n s of d o l l a r s ' Aug. 21, 1940 ASSETS Loans and Investments - t o t a l 24,180 Increase or decrease sinc e Aug. 23, Aug. 14, 1940 1939 +59 +1,840 3 6 l 1 4 2 + + + 1 + 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 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 purchasing or carrying s e c u r i t i e s Real e s t a t e l o a n s Loons t o banks Other loans 8,509 4,455 295 377 473 1,215 39 1,655 + + + + + Treasury b i l l s Treasury n o t e s U. S, bonds Obligations guaranteed by U. S. Gov't Other s e c u r i t i e s 73 5 2,116 6,560 2,583 3,677 + 2 + 2 -20 + 4 +68 11,348 490 3,173 +94 -15 + 5 +2 ,232 + 47 + 335 20,956 5,346 528 +167 + 10 +3 ,121 + 96 11 8,369 672 1 - 28 - 13 + 1 Reserve with Federal Reserve Banks Cash i n v a u l t Balances with domestic banks - — - + — + - + + + 3.31 517 17 2.62 45 42 14 110 241 22 659 309 322 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 Inter-bank deposits: Domestic banks Foreign banks Borrowings — — +1,190 + 3 — 5 Form F,R. 284 STATEMENT FOR THE PRESS Board of Governors' of t h e F e d e r a l Reserve System August 22, 1940 For inr-iediate r e l e a s e ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES ( i n n i l l i o n s of d o l l a r s ) New York City I n c r e a s e or decrease since Aug. Aug. 14, Aug• 23» 21 1940. 1939 1940 Chicago I n c r e a s e or decrease since Aug. 14, Aug. 23, 1939 1940 Aug. 21 1940 ASSETS Loans and I n v e s t m e n t s - t o t a l 9,600 + 80 +1,260 Loans - t o t a l 2,751 - - 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 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 3 1,691 - 12 8 3 + 1 273 + 3 166 124 29 385 2,307 -10 +171 75 6o4 - 4 + 63 + 195 — 34 428 - 2 - 1 + 76 + 3 - 17 17 60 18 - 2.16 + 2 + 1 + 2 + + 14 + 1 + 3 - + 6 13 21 22 - 8 + 4 A 55 - 1 + + + 135 2.43 483 310 159 731 - 7 - 1 + 94 - 85 + 75 + + 232 242 144 359 + 2 - 5 + 29 +1,105 + 20 + 4 54 1,177 42 255 43 + 29 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 343 1,062 2,643 1,428 + 66 Reserve vri.tli 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 6,422 80 80 322 + 28 9,732 710 35 +112 + 5 +1,781 + 65 13 1,942 507 94 + 19 +214 + 10 + 31 3,629 617 - 6 - 12 + + 524 26 1,004 - 3 +194 286 1,495 + + 61 13 15 255 + 1 1,373 + + 1 5 1 1 - 1 1 +232 + 3 + 33 - 4 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. Gov't d e p o s i t s Inter-bank deposits* Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 5 1 n - + - 6 2 10 Form F e R. 284—b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITiES ON AUGUST 21, 1940 (In n i l i i o " ? of d o l l a r s ) 13 1* 3. C Di R e s e r v e a r a 1 Total Minre-iKansas UUr P h i l a - J l e v e - | R i c h - Atlanta|Chic ego All Dallas boston New a t o l l s ! Citv Louis lar.d j pond d e l p h i a York districts ASSETS Loans ?md Investments — 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 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 loons -for purchasing o r carrying 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 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 guaranteed by U, S. Gov't Other s e c u r i t i e s Reserve with F. R. Bank Gash i n v a u l t Balances with domestic banks Other a s s e t s - n e t L I A B I L I T I E S Demand deposits--anjusted Time d e p o s i t s U. S. Gov't d e p o s i t s Inter-bank 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 San Francisco 24,180 8,509 1,187 615 10,476 3,105 1,208 478 1,903 711 719 277 632 311 3,480 963 704327 388 184 688 307 529 269 2,266 962 4,455 295 377 303 64 1,812 85 12 .278 232 35 22 281 7 14 124 11 3 150 3 4 585 39 26 182 10 3 91 3 1 179 22 3 177 2 2 339 14 9 473 1,215 39 1,655 19 80 1 136 217 203 29 481 32 50 1 106 24 17 o 1 206 14 44 1 80 11 33 1 109 69 123 7 11 121 13 55 2 62 9 30 1 63 14 23 1 50 44 385 1 170 735 9 43 338 54 128 357 1,447 1,581 33 328 93 276 1 167 609 131 284 1 173 133 69 2 38 108 67 106 311 303 1,047 312 544 10 39 148 72 108 28 110 24 42 12 67 91 76 135 30 39 85 48 58 2 65 698 193 346 689 48 334 95 203 21 233 37 149 14 203 50 1,482 74 582 77 239 12 175 22 104 7 145 16 202 16 321 23 137 11 283 30 445 24 307 262 .1,417 747 42 548 203 33 437 192 42 2,840 970 138 503 '191 15 307 117 2 560 146 19 489 136 32 l,l4l 1,065 87 343 166 1 417 240 1 324 19 4 88 281 387 2,116 6,560 2,583 3,677 1,121 11,348 490 3,173 648 144 174 71 6,578 99 214 403 472 20 202 80 20,956 5 , 3 46 528 1,322 10,378 1,014 12 60 46 8,369 672 1 702 3,783 372 18 1 19 245 1,166 235 1,082 262 66 — 3,722 618 428 5 465 1 298 - — 272 1 1,322 8 292 13 214 16 381 33 98 9 95 19 398 1,618 — ~ 6 94 — —» 71 — —* 7 60 — — 3 105
@FedFRASER