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Form F. R. 284- STATEMENT FOE THE PRESS For i n n e d i a t e r e l e a s e Board of Governors of the Federal Reserve System August 4 , 1941 Condition of Weekly Reporting lienber Banks i n Leading C i t i e s The condition statement of weekly reporting menber 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 J u l y 30s Increases of $36,000,000 i n 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 , $62,000,000 i n "Other s e c u r i t i e s " , and $163>000,000 i n demand d e p o s i t s - a d j u s t e d . 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 increased $18,000,000 i n Hew York City and $36,000,000 at a l l reporting member banks. Loans t o brokers and dealers i n s e c u r i t i e s increased. $10,000,000 i n the Cleveland d i s t r i c t and $17,000,000 a t a l l reporting nenber banks. Holdings o f United S t a t e s Government d i r e c t and guaranteed o b l i g a t i o n s dec l i n e d $5>000,000 a t a l l reporting nenber banks. Holdings of "Other s e c u r i t i e s " increased $53,000,000 i n Hew York City and $62,000,000 at a l l reporting nenber banks. Den and d e p o s i t s - a d j u s t e d increased $89,000,000 i n the Philadelphia d i s t r i c t , $27,000,000 i n the Chicago d i s t r i c t , and $163,000,000 at a l l reporting nenber banks. Deposits c r e d i t e d to domestic banks declined $37,000,000. A sunnary 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 reporting nenber banks, together with changes f o r the week and the year ended July 30, 19-41, f o l l o w s : (in millions of dollars) July 30 1941 Increase or decrease since July 31, J u l y 23, 1940 1941 ASSETS Loans and Investnents - t o t a l 28,771 +125 +4,793 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 brokers and dealers 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 loans Loans t o banks Other loans 10,572 6,047 388 478 439 1,253 43 1,924 + 68 + 36 + 17 - 2 + 1 + 6 + 10 +2,055 +1,606 + 97 + 59 35 + 43 + 3 + 282 1,074 2,253 7,952 3,309 3,611 - 7 + 2 - 7 + 7 + 62 + 283 + 154 +1,385 + 891 + 25 10,835 561 3,481 - 20 + 13 - 15 + + 24,544 5,420 494 +I63 + 6 +3,560 + 100 32 9,078 659 1 - 37 + 5 Treasury b i l l s Treasury notes U.S. bonds Obligations guaranteed by U. S. Gov't Other s e c u r i t i e s Reserve with Federal Reserve Banks Cash i n v a u l t Balances with domestic banks — 614 83 341 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 Tine 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 —— - •"* + - 839 17 1 Forn P. R. 28/r-a STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System July 3 1 , 194-1 For immediate r e l e a s e CONDITION OF '7EEKLX REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (In n i l l i o n s of d o l l a r s ) July 30, 1941 New York City Increase or decrease since July 23, July 31, 1940 1941 July 30, 1941 Chicago Increase or decrease since July 23, July 3 1 , 1941 1940 ASSETS Loans and I n v e s t n e n t s - t o t a l 11,983 + 87 + Loans - t o t a l + 28 + 18 + 1 + 6 3,505 Commercial, i n d u s t r i a l , and 2,318 a g r i c u l t u r a l loans Open market paper 89 Loans t o brokers and d e a l e r s 339 Other loans f o r purchasing 162 or carrying s e c u r i t i e s 112 Real e s t a t e loans Loans t o banks 32 Other loans k55~ 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 2,733 - S 4* 432 + 717 873 + 3 4- 268 + 620 3 37 647 28 34 + + - 4 2 3 + 5 11 l 72 53 21 - 1 90 202 382 598 + + - - - - - - + + 1Mb 3,216 1, 8I16 1,391 - 1 + 53 Reserve with F. R. Bank 5,589 Cash i n v a u l t 95 Balances with domestic banks 82+ Other a s s e t s — net 336 - 71 + h - 2 + 21 4- 214 8 9 4- 7 3 4* 1 4- 4-1 382 123 824 - 14+ 1 + 2 4+ 62 36 92 557 38 161 370 + - 44* 27 19 960 16 5 23 1,128 41 267 42 +1, 3iV7 70 19 2,303 495 100 + 16 - 1 1J4.3 23 1,015 8 - 17 1 15 18 272. + 1 4* 1 2 1 + U + 1 + 2 591 2,k9h + + + + + + + - + + - - • 2 2 + 13 16 — —— + 6 1 4- 14 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 Tine d e p o s i t s U. S. Gov't 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 11,100 757 16 + 12 + 12 - 1 3,827 597 + 20 + 6 + + - —— 4- 320 — 12 + 6 4. 4- "i __ 282 1,508 - 6 li + 92 1 4* 4- 2 18 Fom F. R. 284-b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BiilJKS IB 101 LEADING CITIES OK (in millions of dollars) D i s t r i F e d e r a l Re s e r v e St. RichCleveHer; PhilaAll Atlanta Chicago Louie Boston mond delphia land York districts ASSETS Loans and Investments - t o t a l 12,955 c t San Minnea- Kansas Dallas Francisco City polis 315 733 377 4,121 1,338 848 403 458 233 789 379 620 328 2,489 1,098 410 20 24 148 14 3 191 5 7 878 46 40 232 20 4 118 3 1 222 28 3 219 3 3 445 23 9 20 184 1 213 13 49 1 87 10 37 3 124 61 138 6 39 386 90 10 33 1 82 14 23 175 12 60 1 74 66 196 2 84 218 99 67 8 47 114 72 115 383 216 1,257 365 562 1 34 219 80 111 3 22 122 38 40 47 112 111 134 6 31 34 121 47 59 1,334 557 2,227 872 785 297 41 29 30 51 10,572 1,412 762 6,047 388 478 419 82 11 439 1,253 43 1,924 16 81 4 149 208 196 32 559 1,074 2,253 7,952 3,309 3,611 23 39 388 74 126 615 1,474 3,460 1,972 1,524 — 25 389 93 270 2 181 730 181 261 Reserve with F. R.Banks Cash i n v a u l t Balances with domestic banks Other a s s e t s - net L I AB I L I T I ES 10,835 561 3,481 1,180 533 151 205 68 5,756 120 242 402 553 25 237 78 778 54 388 91 280 27 277 42 178 17 256 51 1,534 84 616 74 240 14 201 21 118 8 123 15 203 19 320 20 146 13 304 30 516 29 312 288 Demand deposits—adjusted Time deposits U. 8 . Gov't deposits Interbank deposits; Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 24,544 5,420 494 1,448 230 14 11,264 1,241 260 1,123 17 44 1,808 745 42 658 209 33 533 191 49 3,478 998 137 590 190 22 361 618 141 14 575 133 37 1,370 1,089 83 9,078 659 1 763 3,869 382 21 1 24 249 468 6 529 1 367 349 2 1,364 9 419 177 1 466 271 1 364 19 20 393 41 103 13 98 24 419 6 97 7 63 3 109 5 91 314 395 CO Treasury b i l l s Treasury notes U, S. bonds Obligations guaranteed by U. S. Gov*t Other s e c u r i t i e s 3,910 CN Loons - 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 brokers and dealers 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 loans Loans t o banks Other loans 28,771 JULY 30, 194-1 103 344 3,922 599 — 109 — — 289 1,634 17 218 — 15 111 2 50 822 177 342
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