The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
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 — — — — —