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Form FR-284

STATEMENT FOR 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 5, 19-40

Condition of Weekly Reporting Member Banks i n 101 Leading C i t i e s
The condition 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 following p r i n c i p a l changes f o r the week ended J u l y J i t Decreases
of $21,000,000 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 , $69,000,000 i n dep o s i t s c r e d i t e d t o domestic banks, and $77,000,000 i n r e s e r v e b a l a n c e s with Federal
Reserve 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 l o a n s declined $15,000,000 i n Hew
York City, $5,000,000 i n t h e Chicago d i s t r i c t , $4,000,000 i n t h e Boston d i s t r i c t
and $21,000,000 a t a l l r e p o r t i n g member banks, and i n c r e a s e d $5,000,000 i n the
Philadelphia d i s t r i c t .
Holdings of United S t a t e s Treasury b i l l s and Treasury n o t e s showed l i t t l e
change f o r the week. Holdings of United S t a t e s Government bonds decreased
$17,000,000 i n t h e Boston d i s t r i c t , and increased $10,000,000 i n New York City and
$2,000,000 a t 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
$17,000,000 i n Hew York City and $24,000,000 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 declined $23,000,000 i n New York C i t y , and
increased $31,000,000 i n t h e Boston d i s t r i c t and $12,000,000 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 . For 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 showed no
change f o r t h e week.
Deposits c r e d i t e d t o domestic banks declined i n nost d i s t r i c t s , t h e t o t a l
decrease being $69,000,000 and t h e p r i n c i p a l decreases by d i s t r i c t s beingl Chicago
$17,000,000, Kansas City $11,000,000, S t . Louis $9,000,000, A t l a n t a $8,000,000.
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,
together with changes f o r t h e week and t h e year ended J u l y 31, 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 )
I n c r e a s e or decrease
since
July
Aug. 2,
J
u
l
y
24,
31,
1940
1940
1939
ASSETS
Loans and Investments - t o t a l
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 to brokers 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 c
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
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 c u l t
Balances m i l l 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
lT» S. Government d e p o s i t s
Inter-bank d e p o s i t s :
Domestic banks
Foreign banks
Borrowings




23,978
8,517
4,441
291
419
474
1,210
40
1,642
791
2,099
5,567
2,418
3,586
11-/49
478
3,140
20,984
5,320
526
8,239
676
2

+ 31
+ 3
-

21

+

+
+

1

+

8

-

2

+
+
+

4
4
9

-

3

+
+

6
2

- 1
+ 24
77
20
41

-

—

-

—-

6
4

+
—

69

—
--

+

+1,734

-

1

4*
+

351
554
22
2?6
52
12
34
99
312
33
657
177
264

+2,765
+
54
+ 347
+3,522
+
77
23
+1,227
+
53
7

Forn F . R. 284
STATEMENT FOR THE PRESS
Board of Governors
of t h e F e d e r a l Reserve Systen
August 1 , 19AD

For immediate r e l e a s e

ASSETS A1ID LIABILITIES OF WEEKLY REP0RTI1IG MEMBER BANKS IN CENTRAL RESERVE CITIES
( i n m i l l i o n s of d o l l a r s )

lie3X7 York C i t y
I n c r e a s e or
decrease s i n c e
July
31, J u l y 24, Aug • 2,
1940
1940
1939

July
31,
1940

Chicago
I n c r e a s e or
decrease since
J u l y 24, Aug . 2,
1940
1939

ASSETS
Loans and Investments - t o t a l

9,439

+ 31

Loans - t o t a l

2,788

+

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
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 l o a n s

1,698
86
302
167
123
31
381

2

4-

15
1
14

—

2

•—
—

-

+
+

Treasury b i l l s
Treasury notes
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

389
1,052
2,618

4-

1,2.89
1,353

4-

Reserve vrith 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

6,549
79
79
359

-

2
4

+1,180

2,301

18

605

260
31
199

433
20
25

19
7
33
3

60
18

195
234
429

320
159
732

162
178

134
351

,596
17
6
19

1,144
41
253
45

21
3.
+ 5
+ 2

+2,038
441
20

1,983
507
94

+

697
75

923
7

63
12

16
2 54

-

4"
—
-

-

+
—
—

+

i
10

4-

1
17

4-

86
1
4
+ 37

—
—

444-

+
4-1
44-

3

4-

190

2

4-

65

. —

4-

1
3

+

82
1
11

•

—

—*

•

—

4-

10
4

. —

—

1

1

4-

+

4*

49
—»

.

-

-

4-

4

4-

4-

1
3

4-

-

-

444—

114
81
82
16
26
251
6
22
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. Gov't d e p o s i t s
Inter-bank deposits:
Domestic banks
Foreign banks

3,684
620

Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS

283
1,493




9,753
687
35

23
2

-

4-

-

—

-

4-

-

1
3
2
4

4-

+

-

4-

4

4-

•

-

4*

•

—

17

—

•

+

303
12
4* 31
4-

135
5

-

4-

1

-

4
12

Form F. R. 284—b

ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS III 101 LEADING CITIES OH JULY 31, 1940
( i n m i l l i o n s of d o l l a r s )
Total
Federal Reserve D i s t r i c t
New P h i l a - Cleve- RichSt.
All
Minne- 1 Kansas
Atlanta Chicago
d i s t r i c t s Boston York
d e l p h i a land mond
Louis a p o l i s 1 City Dallas

ASSETS
Loans and Investments - t o t a l
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 purchasing
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 to banks
Other l o a n s
Treasury b i l l s
Treasury n o t e s
U. 8. bonds
O b l i g a t i o n s guaranteed by U.S.Govt,
Other s e c u r i t i e s
Reserve with F. R. bank
Cash 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 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



San
Francisco

23,973
8,517

1,168
606

10,361
3,136

1,197
467

1,889
704

697
275

626
309

3,471
972

696
324

4oi
191

688
308

522
265

2,262
960

4,441
291
419

293
64
13

1,814
89
307

2.25
31
23

267
6
19

122
11
3

153
3
4

599
38
30

181
9
4

96
3
1

182
21
3

173
2
2

336
14
10

474
1,210
40
1,642

18
80
1
137

218
201
31
476

31
50
1
106

25
177
1
209

14
44
l
80

11
32
l
105

69
122

7
11

114

13
55
1
61

73

9
30
1
62

14
23
1
50

45
385
1
169

791
2,099
6,567
2,418
3,586

8
39
338
48
129

402
1,111
2,850
1,357
1,505

29
115
23
43

16
68
93
68
135

30
42
86
41
58

1
66
706
187
342

11,449
478
3,140
1,195

661
143
175
71

20,984
5,320
526
8,239
676
2
717
3,776

—

—

33
328
90
279

1
165
607
125
287

6,697
97
221
426

49 3
19
208
80

688
44
337
96

196
20
249
36

144
12
212
51

1,471
74
540
77

230
11
180
22

95
7
129
17

195
16
306
2.4

140
11
282
30

439
24
301
265

1,322
235
12

10,379
1,060
60

1,039
262
47

1,411
745
42

539
203
33

433
192
42

2,892
970
137

495
190
15

313
116
2

551
145
19

486
136
31

1,124
1,066
86

364
18

3,777
621

416
5

459
1

292

272
2

1,208
8

339
—

—

149
1

406

— —

~

—

239
1

318
19

21
245:

289
1,616

14
214

16
380

3497

10
94

20
397

6
94

8
60

3
105

4
88

292
386

—

—

167
135
53
67

2
38
109
63
105

320
302
1,055
294
528

11
39
145
69
108

— —

—

—

—