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Form FR-284 i'or immediate release STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System August 30, 1937 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 25* Increases of $26,000,000 in commercial, industrial and agricultural loans, $20,000,000 m demand deposits-adjusted, $55,000,000 in time deposits and $37,000,000 in Government deposits; and decreases of $113,000,000 in deposits credited to domestic banks and $18,000,000 in borrowings. Commercial, industrial and agricultural loans increased $13,000,000 at reporting member banks in New York City, $5,000,000 in the San Francisco district and $26,000,000 at nl 1 reporting member banks. Loans to brokers and dealers increased $-4,000,000 in New York City and $5,000,000 at all reporting member banks. Holdings of United States Government direct obligations showed relatively little change for the week. Holdings of obligations fully guaranteed by the United States Government declined $5,000,000 in New York City. Holdings of "Other securities" declined $9,000,000, Demand deposits-adjusted increased $51,000,000 in New York City and $20,000,000 in the Chicago district, and declined $15,000,000 in the Cleveland district and $12,000,000 in the Philadelphia district, all reporting member banks showing a net increase of $20,000,000 for the week. Time deposits increased $12,000,000 in New York City, $9,000,000 elsewhere in the New York district, $14,000,000 in the Cleveland district, '$10,000,000 in the Philadelphia district and $55,000,000 at all reporting member banks. Government deposits increased $33,000,000 in New York City and $37,000,000 at n.11. reporting member banks. Deposits credited to domestic banks declined $41,000,000 in New York City, #26,000,000 in the Chicago district, $14,000,000 in the Kansas City district, $13,000,000 in the San Francisco district and $113,000,000 at all reporting member banks. Borrowings of weekly reporting member banks amounted to $21,000,000 on August 25, a decrease of $15,000,000 being shown for member banks in New York City. A summary of the principal assets and liabilities of the reporting member banks, together with changes for the week and the year ended August 25, 1937, follows i (in millions of dollars) ^ — Increase or decrease since Aug. 25, Aug. 26, Aug. 18, 1936 1937 A S S E T S Loans and investments - total 22,315 Loans -total 9,958 Commercial, industrial, and agricultural loans I On securities 589 Otherwise secured and unsecured 4,017 Open market paper 467 Loans to brokers and dealers in securities 1,355 Other loans for purchasing or carrying securities 693 Real estate loans 1,164 Loans to banks 138 Other loans I On securities 724 Otherwise secured and unsecured 811 U. S. Government direct obligations 8,232 Obligations fully guaranteed by U.S. Govt. 1,134 Other securities 2,991 Reserve with Federal Reserve banks 5,191 Cash in vault 302 Balances with domestic banks 1,654 L I A B I L I T I E S Den and deposits-adjusted 14,950 Time deposits 5,282 U. S. Government deposits 569 Inter-bank depositsi Domestic banks 4,901 Foreign banks 573 Borrowings . 21 ^Comparable figures not available. +12 +25 +51 +1,533 +2 +24 -1 +5 ~4 —1. -1 +5 -4 , +1 -5 -9 —3 +10 -55 * * * +208 * +17 +72 * * *1,042 -99 -341 +215 -77 -622 +20 +55 +37 -113 —6 —18 +39 +254 -251 -825 +161 +18 »s Pbrm. Fft-284-a STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System August 26, 1937 For immediate release. ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (in millions of dollars) Chicago New York CiLty 1 9 3 6 1 9 3 7 1 9 3 6 19 3 7 Aug. 25 Aug. 18 Aug. 26 Aug. 25 Aug. 18 Aug. 26 ASSETS 8,340 8,330 8,585 2,010 2,007 2,074 •• 4,036 4,021 3,213 707 706 . 567 239 1,562 163 1,140 241 1,547 163 1,136 * 32 44o 30 53 * * * 971 32 442 30 52 267 134 102 269 135 103 * 75 14 2 * 132 33 75 14 2 234 195 230 197 * * 24 36 24 36 * * U. S. Gov't obligations Obligations fully guaranteed by U. S. Govt. Other securities 2,940 2,937 3,800 923 917 1,119 398 966 403 969 440 1,132 100 280 99 285 91 297 Reserve with F. R. bank Cash in vault Balances with domestic banks Other assets — net 2,408 50 65 454 2,388 49 65 451 2,412 51 71 454 583 26 124 63 582 26 139 62 556 32 197 70 Loans and investments - total Loans - total Commercial,industrial, and agricultural loans 1 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 loanse On securities Otherwise secured & unsecured * * 34 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 deposits 1 Domestic banks Foreign banks 6,049 732 317 5,998 720 284 6,348 569 191 1,526 448 55 1,520 448 55 1,516 444 101 1,829 524 1,870 530 2,321 374 512 7 528 7 615 5 Borrowings Other liabilities Capital account 9 378 1,479 24 374 1,483 2 341 1,427 —m 17 241 mm 17 241 "^Comparable figures not available. «*• 21 227 , Form Fit-28A-b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON AUGUST 25, 1937 (In millions of dollars) Federal Reserve Districts Total San Minnea- Kansas Dallas St. Phila- Cleve- Rich- Atlanta Chicago New All Boston (Francisco City polis Louis mond delphiaj land fork distrid A S S E 22,315 Loans and investments - total 9,958 Loans - total Commercial, industrial, and agricultural loans: On securities 589 Otherwise secured & unsecured 4,017 Open market paper _ JiY Loans to brokers and dealers in securities 1,352 Other loans for purchasing or 693 carrying securities 1,164 Real estate loans 138 Loans to banks Other loans: 724 On securities 811 Otherwise secured & unsecured 8,232 U. S. Gov't obligations Obligations fully guaranteed by U.S.Gov't 1,134 2,991 Other securities 5,191 Reserve with F. R. bank 302 Cash in vault 1,654 Balances with domestic banks 1,279 Other assets — net L I A B I L I T I E S 14,950 Demand deposits — adjusted 5,282 Tine deposits 569 U. S. Gov't deposits Inter-bank deposits I 4,901 Domestic banks 573 Foreign banks 21 Borrowings 838 Other liabilities 3,607 Capital account http://fraser.stlouisfed.org/ * Federal Reserve Bank of St. Louis 546 262 3,089 1,033 669 309 398 175 728 289 503 230 2,120 1,033 714 4,481 478 711 631 243 39 288 92 42 253 1,679 175 1,156 44 174 26 27 43 242 20 22 l4 93 12 4 10 122 4 7 50 581 54 62 55 132 12 6 9 82 7 1 19 162 27 4 13 132 3 3 40 330 35 21 38 85 5 347 242 102 , 38 60 2 38 178 3 19 29 2 16 27 6 92 83 5 12 45 9 9 6 14 20 1 15 21 1 55 368 2 67 58 442 22 142 235 33 78 81 267 260 3,156 443 1,134 2,526 67 135 526 49 58 326 99 278 229 16 118 87 121 44 872 60 273 333 38 161 106 30 40 293 29 66 134 18 110 43 25 45 173 34 77 110 11 100 4o 47 59 1,447 189 420 795 59 282 94 12 26 214 46 100 136 10 77 23 9 52 167 12 44 78 6 72 17 14 28 268 45 126 176 13 190 23 9 33 195 29 49 111 11 146 27 74 108 679 126 282 328 20 185 212 957 6,561 278 36 1,144 324 806 290 18 1,103 745 15 429 198 11 337 185 15 2,287 862 73 399 184 8 269 122 2 504 147 11 386 122 19 912 1,005 37 200 12 1 27 236 1,895 526 15 390 1,613 265 5 329 1 183 1 1 22 91 170 1 4 7 88 706 8 228 115 1 375 186 1 249 17 19 • 228- 16 345 — — — — — — 20 363 8 88 6 56 3 90 4 80 — 316 329
@FedFRASER