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Form FR-284

STATELiEHT 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
December 23, 1940

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 l e a d i n g
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 t h e week ended December 18; I n c r e a s e s of $29,000,000 i n l o a n s 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 and
$234*000,000 i n h o l d i n g s of United S t a t e s Treasury n o t e s , d e c r e a s e s of $297,000,000
i n r e s e r v e b a l a n c e s with F e d e r a l Reserve Banks and $124,000,000 i n demand d e p o s i t s a d j u s t e d , and i n c r e a s e s of $67,000,000 i n United S t a t e s Government d e p o s i t s and
$159,000,000 i n d e p o s i t s c r e d i t e d to domestic 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 i n c r e a s e d $9,000,000. 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 i n c r e a s e d $20,000,000 i n Hew York C i t y and
$29,000,000 a t a l l r e p o r t i n g member banks.
Holdings of United S t a t e s Treasury n o t e s i n c r e a s e d $163,000,000 i n Hew York
C i t y , $15,000,000 i n t h e Richmond d i s t r i c t , and $234,000,000 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 $33,000,000 i n Hew York
City and $35,000,000 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 decreased $72,000,000 i n t h e Chicago d i s t r i c t ,
$42,000,000 i n Hew York C i t y , $18,000,000 i n t h e Richmond d i s t r i c t , and $124,000,Off
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 $27,000,000 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 . Time d e p o s i t s i n c r e a s e d $21,000,000.
Deposits c r e d i t e d t o domestic banks i n c r e a s e d $128,000,000 i n Hew York City.
$14,000,000 i n t h e Chicago d i s t r i c t , and $159,000,000 a t a l l r e p o r t i n g member banks.
Deposits c r e d i t e d t o f o r e i g n banks decreased $6,000,000.
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
t o g e t h e r with changes f o r t h e week and t h e year ended December 18, 1940, f o l l o w s :
(in millions of dollars)
I n c r e a s e or d e c r e a s e
since
Dee.
Dec. 20,
Dec. 11,
18,
1940
1940
1939
ASSET S
Loans and Investments - t o t a l
+2,067
+308
2.5,532
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 l o a n s
Open market paper
Loans to 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 o r 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 loans

9,341
5,001
303
558
467
1,228
40
1,744

+ 42
+ 9
- 1
+ 29
+ 9
- 2
- 2

Treasury b i l l s
Treasury notes
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

759
2,093
6,956
2,734
3,649

Reserve with F e d e r a l Reserve Banks
Cash i n v a u l t
Balances with 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
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




+
+
—
—
+
—
+

409
595
19
294
43
39
26
157

- 25
+234
+ 17
+ 5
+ 35

+
+
+
+

106
17
957
330
282

11,673
577
3,426

-297
- 1
+155

+2,096
+
36
+ 345

22,279
5,405
476

-124
+ 21
+ 67

+3,356
+ 150
- 108

8,972
668
1

+159
— 6
- 1

+
-

—

—

994
78
-

>

Form F. R. 284
STATEMENT FOR THE PRESS
Board of Governors
of t h e Federal Reserve System
December 19, 1940

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 )

Chicago
I n c r e a s e or
decrease since
*jec» 11,
Dec. 20,
1940
1939

New York City
Increase or
Dec.
decrease since
18
Dec. 11, Dec. 20,
1940
1940
1939

Dec.
18
1940

10,262

+226

+1,106

2,388

+

2

+

325

3,099

+ 30

-

105

687

+

7

+

86

1,903
90
400

+ 1
+ 20

+

206
24
266

482
19
40

+

1

+
+

92
1
20

55
20

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
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
114
26
394

+ 9
- 2

-

—

—

2

+

7
1
31
16

+

—

+

—

- -

+

5

— —

-

+

—

11
6
— *—

71

+

1

198
293
629

316
146
760

+
-

8
5
2

18

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

300
1,130
2,827

-r 22
+163
+ 14

+
+

1,566
1,340

+ s
+ 33

+

342
145

101
378

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

6,599
104
86
323

-112
+ 3
- 1
- 17

+1 ,358
+
7
+
1
35

1,119
47
317
40

- 72
+ 1
+ 31
— 6

10,3U
720
29

- 42
+ 8
4* 1

+1,936
+
69
21

2,002

67
1
11

+
+
+

131
9
12

+128

1,011

10
1

+

8

114

18
2.65

1
1

+

20

+

+
+

— ~

-

—

+

—

259
57
78
74
33
93
—* —

+
-

58
A

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 s t d e p o s i t s
Inter—bcuik d e p o s i t s l
Domestic banks
Foreign banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS




3,877
610

—

6

+ 476
O 69

312
1,512

- +10

+
17
+ 2 9

512
95

Form F. R. 284-bASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES Oil DECEMBER 18, 19/0
(In m i l l i o n s of d o l l a r s )
Total
F e d e r a 1
R e s e r v e \
Di s t r i c t
All
Mew
P
h
i
l
a
CleveR
i
c
h
S
t
.
Minne- Kansas
San
Boston
A t l a n t a Chicago
Dallas
districts
York
d e l p h i a land mond
Louis a p o l i s C i t y
Francisco
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
agricultural 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
or carrying s e c u r i t i e s
Real e s t a t e l o a n s
Loans t o banks
Other loans
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
Reserve w i t h 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

25,532

1,239

11,155

1,217

1,972

747

713

3,631

751

427

723

586

2,371

9,341

652

3 , 465

479

751

298

374

1,077

375

218

341

310

1,001

5,001
303
558

321
65
26

2.029
96
406

234
34
24

311
8
17

137
11
4

197
4
9

657
36
45

2.19
10
4

114
3
2

20 3
21
4

211
1
5

368
14
12

467
1,228
40
1,744

221
193
26
494

33
50
1
103

23
181
1
210

14
48
1
83

11
34
2
117

65
131
1
142

13
58
3
68

10
31

13
24

759
2,093
6,956
2,734
3,649
11,673
577
3,426
1,185

17
80
4
139
27
41
345
57
117
629
150
238
74

303
1,178
3,060
1,649
1,500
6,766
129
244
421

29
343
90
276

17
150
637
137
280

3
150
175
53
68

2
43
112
63
119

318
283
1,091
276
586

504
27
234
78

743
58
378
91

231
27
253
37

143
17
196
49

1,456
90
642
72

16
37
144
64
115
257
14
191
22

22,279
5,405
476

1,410
230
14

11,037
1,087
55

1,065
259
41

1,568
738
44

576
200
36

449
190
40

2,969
999
136

8,972
668
1
766
3,826

384
21
1
23
247

3,967
oil

458
5

487
1

349

330
2

1,343
9

—

—

7
12

21
117
29
42
118
7
128
16

72
28
53
96
79
126
206
18
295
21

39
38
99
42
58
146
13
284
31

4o
386
1
ISO
6
70
737
195
362
474
27
343
273

535
191
12

334
116
2

554
145
13

519
135
30

1,263
1,115
53

395

174
1

440

280
1

365
17

•—

—

—•

—

—

80
—

56

L I A B I L I T I E S
Demand deposits—adjusted
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



—

—

320
1,63s

—

—

16
216

20
384

—

—

—

—

34
100

—

—

12
95

—

—

24
411

—•

—

—

—

6
96

—

—

8
61

—

—

—

—

4
107

—*

5
90

—•

294
381