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 Federal Reserve System December 11, 1939 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 t h e following p r i n c i p a l changes f o r the week ended December 6 : A decrease of $148,000,000 i n demand d e p o s i t s - a d j u s t e d , an i n c r e a s e of $43,000,000 i n d e p o s i t s c r e d i t e d t o domestic banks, and a decrease of $44,000,000 i n r e s e r v e balances 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 loans d e c l i n e d $3)000,000, and loans t o brokers and d e a l e r s i n s e c u r i t i e s declined $10,000,000, Holdings of United S t a t e s Treasury b i l l s i n c r e a s e d $15,000,000, Holdings of Treasury notes d e c l i n e d $11,000,000. Holdings of United S t a t e s Government bonds incre a s e d $22,000,000 i n Hew York City and $7,000,000 a t a l l r e p o r t i n g member banks. Holdings of o b l i g a t i o n s guaranteed by t h e United S t a t e s Government i n creased $7,000,000. Holdings of "Other s e c u r i t i e s " d e c l i n e d $5,000,000, Demand d e p o s i t s - a d j u s t e d declined i n a l l d i s t r i c t s , t h e p r i n c i p a l decreases being $43,000,000 i n New York City, $17,000,000 i n the Boston d i s t r i c t , $15,000,000 each i n t h e Cleveland and A t l a n t a d i s t r i c t s , and §14,000,000 each i n t h e P h i l a d e l p h i a and San Francisco d i s t r i c t s . The aggregate decrease was $148,000,000. Time d e p o s i t s i n c r e a s e d $5,000,000. Deposits c r e d i t e d t o domestic banks declined $30,000,000 i n How York City, and i n c r e a s e d $10,000,000 i n t h e Boston d i s t r i c t , $9,000,000 each i n t h e P h i l a d e l p h i a , Chicago and S t . Louis d i s t r i c t s , and $8,000,000 each i n t h e Richmond, Kansas City and San Francisco d i s t r i c t s , t h e aggregate net i n c r e a s e being $43,000,000. Deposits c r e d i t e d t o f o r e i g n banks i n c r e a s e d $4,000,000. Borrowings of weekly r e p o r t i n g member banks amounted t o $1,000,000 on December 6. 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 t h e week and t h e year ended December 6 , 1939, followst ( i n 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 Dec. Dec. 7 , Nov. 29, 6, 1938 1939 1939 v -Lll Ll_L_L_L_LWHO V-L U.V-LJ.UJ. D / ASSETS. Loans and Investments - t o t a l 23,162 8,646 4,378 313 650 503 1,187 33 1,582 3 +1,712 - 10 - 3 + 1 - 10 + 4 - 2 - 3 + 3 + 186 + 497 23 - 188 — 68 + 22 88 + 34 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 726 2,149 5,849 2,415 3,377 + 15) - 11) + 7) + 7 - 5 Reserve with F e d e r a l Reserve banks Cash i n v a u l t Balances with domestic banks 9,748 504 3,030 — 44 — 42 +2,353 + 46 + 543 18,8245,237 53 4 —148 + 5 - 1 +2,710 + 110 + 1 7,937 735 1 + 43 + 4 +1,639 + 243 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 l o a n s 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 l o a n s + + 637 + 730 + 159 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 d e p o s i t s : Domestic banks Foreign banks Borrowings Form FR-284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System December 7 , 1939 For immediate r e l e a s e ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (In m i l l i o n s of d o l l a r s ) Ne3w York City Increase or Doe. decrease since 6, Nov. 29, Dec. 7 , 1933 1939 1939 Dec. 6, 1939 Chicago Increase or decrease since Nov. 29, Dec.7, 1%8 1939 ASSETS Loans and Investments — t o t a l 9,00? + 5 +1 ,157 2,034 Loans - t o t a l 3,003 -19 - 77 1,703 112 507 - 1 Commercial, i n d u s t r i a l , and agricultural loans Open market paper Loans t o brokers and d e a l e r 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 172 112 22 375 — -12 + - 3 2 h — 4 570 - 1 + 279 23 180 389 19 28 + 29 6 76 67 14 — - 708 50 234 669 + hl3 113 173 338 +1,387 + 19 + 9 90 1,161 43 242 49 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 571 833 2,167 + 6 ) - 7 ) +22 ) 1,222 1,207 + 8 - 5 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 5A52 85 80 371 -62 - 2 8,1,16 658 50 -1x3 + 5 + 1 +1 ,552 + 53 65 1,820 502 63 3,ll5 669 -30 + 7 + 756 + 2h3 874 9 + u + 128 45 + + — 48 1 6 + 1 2 1 + 1 2) 7) 2) + 14 + + 55 14 4+ + 237 7 29 3 — — 53 + + — U2 3 4 1 1 - + + - + + 10 1 1 - - *-• 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 Intern-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 — + 6 1 + + 7 1 4- 193 — 1 — __ .301 1,1'-82 h9 m— + 5 - 185 34 1 8 16 245 1 — 1 13 Porn FR—284^-b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES Oil DECEMBER 6 , 1939 Total All Boston districts 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 brokers and d e a l e r s i n s e c u r i t i e s Other l o a n s 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 loans Loans t o banks Other l o a n s Hew York federal P h i l a - Cleve- Richdelphia land mond Res<srve Atlanta Chicago St. Louis District San Minne- Kansas Dallas Francisco City apolis 912 713 626 3,099 705 405 689 547 2,254 428 684 265 319 900 340 192 297 279 972 1,816 117 512 195 24 22 255 7 21 118 15 3 176 3 5 529 34 33 204 8 5 102 3 1 I83 186 2 2 32.4 20 16 21 81 1 127 229 199 22 466 31 56 1 99 26 174 3 198 16 39 76 111 386 68 10 26 1 56 14 22 117 13 51 3 56 8 10 74 11 32 1 91 19 57 571 895 2,344 1,314 1,375 38 316 102 276 11 211 602 120 284 4 190 129 56 69 3 37 97 71 99 54 419 923 309 4-94 6 53 131 72 103 437 22 219 102 523 47 332 103 I83 162 83 5,596 106 201 507 38 125 14 200 46 1,427 77 555 82 18,824 1,164 234 5,237 14 53-4 9,082 1,031 68 953 278 52 1,315 732 42 485 197 28 395 189 41 320 21 1 21 247 3,505 671 411 6 434 1 317 1 308 1,605 17 223 20 373 34 97 23,162 1,192 9,860 8,646 609 3,361 A,378 313 650 290 62 27 503 1,187 33 1,582 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 726 2,149 5,849 2,415 3,377 Reserve with F. R. bank Cash i n v a u l t Balances with domestic banks Other a s s e t s - net 9,748 504 3,030 1,291 336 50 121 440 145 — 23 202 18 3 48 53 1 177 32 113 25 43 28 78 96 58 132 24 54 78 53 59 6 85 684 185 322 210 12 193 23 102 7 117 17 193 16 304 22 136 12 266 30 376 23 279 2,614 947 111 481 189 17 306 118 3 530 143 23 458 137 30 1.041 1.042 105 281 1 1,154 10 354 153 1 422 274 312 9 95 19 385 6 96 8 59 ™ — 238 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 7,937 735 1 751 3,716 23 3 103 5 87 301 346
@FedFRASER