The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Form FR-284 For immediate release STATEMENT FOR THE PRESS Board, of Governors of the Federal Reserve System December 26, 1939 Condition of Weekly Reporting Member Banks in 101 Leading Cities The condition statement of weekly reporting member banks in 101 leading cities shows the following principal changes for the week ended December 201 An increase of $34,000,000 in loans to brokers and dealers in securities, and decreases of $10,000,000 in commercial, industrial.and agricultural loans, $60,000,000 in Treasury bills, $24,000,000 in Treasury notes, and $58,000,000 in demand depositsadjusted. Commercial, industrial, and agricultural loans declined $14,000,000 in New York City and $7,000,000 in the Cleveland district, and increased somewhat in some of the other districts# Loans to brokers and dealers in securities increased $28,000,000 in New York City and $34,000,000 at all reporting member banks. Loans to banks increased $23,000,000 in Hew York City. Holdings of United States Treasury bills declined $66,000,000 in New York City and $60,000,000 at all reporting member banks, and increased $13,000,000 in the Chicago district. Holdings of Treasury notes declined $26,000,000 in the Chicago district and $24,000,000 at all reporting member banks, and increased $15,000,000 in the Richmond district. Holdings of United States Government bonds declined $26,000,000 in New York City and $17,000,000 at all reporting member banks. Holdings of obligations guaranteed by the United States Government and of "Other securities" declined each by $9,000,000. Demand deposits-adjusted declined $69,000,000 in Hew York City and $12,000,000 in the Dallas district, and increased $28,000,000 in the New York district outside New York City and $28,000,000 in the Chicago district, all reporting member banks showing a net decrease of $58,000,000. Time deposits declined $11,000,000 in New York City and increased $11,000,000 in the San Francisco district, all reporting member banks showing a net increase of $4,000,000 for the week. Deposits credited to domestic banks declined $11,000,000 in New York City, and increased $15,000,000 in the Philadelphia district, $9,000,000 in the Kansas City district, $8,000,000 in the Cleveland district, and $32,000,000 at all reporting member banks. Borrowings of weekly reporting member banks amounted to $1,000,000 on December 20. A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended December 20, 1939, follows t Dec. 20, 1939 ASSETS Loans and Investments - total 23,465 Loans - total 8,932 4,406 Commercial, industrial, and agricultural loans Open market paper 322 Loans to brokers and dealers in securities 852 Other loans for purchasing or carrying securities 510 1,189 Real estate loans 66 Loans to banks 1,537 Other loans 653 Treasury bills 2,110 Treasury notes U. S. bonds 5,999 2,404 Obligations guaranteed by U. S. Gov't Other securities 3,367 Reserve with Federal Reserve banks 9,577 541 Cash in vault 3,081 Balances with domestic banks L I A B I L I T I E S 18,923 Demand deposits-adjusted 5,255 Time deposits 584 U. S. Government deposits Inter-bank deposits! 7,978 Domestic banks 746 Foreign banks 1 Borrowings Increase or decrease since Dec . 21, Dec. 13, 1938 1939 + + + + 58 6l 10 3 34 6 + + + + 23 5 60) 24) 17) 9 9 71 2 — — +1,723 + 459 + 549 8 — 2 56 + 20 54 + 10 - - + 429 + + 686 149 +2,597 + 48 + 692 - 58 + 4 + A +2,898 + 114 55 + 32 4* 1 +1,927 + 239 — 1 — — — Form FR-284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System December 21, 1939 For immediate release ASSETS AI-ID LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (in millions of dollars) New York City • Increase or decrease since Dec. 20, Dec, 13, Dec . 21, 193& 1939 1939 Chicago Increase or decrease since Dec, 20, Dec, 13, Dec . 21, 1938 1939 1939 ASSETS Loans and Investments - total 9,156 - 72 +1,301 2,063 + 8 + 72 Loans - total 3,204 + 39 + 164 601 + 3 + 68 1,697 114 666 — l4 - 1 + 313 18 24 390 18 60 1 4* 3 +. + + 48 1 19 20 6 41 40 66 14 Commercial, industrial, and agricultural loans Open market paper Loans to brokers and dealers Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 179 113 57 378 — + 28 - + — 4 • — - + 23 - 1 — — — — 53 — — 1 + 652 57 203 682 + 14) 18) 2) - 5 — 14 + 379 •f 106 175 345 + - 3 + 3 - 5 - 15 +1,426 + 19 + 10 91 1,212 47 259 44 + 26 + 1 + 3 5 + 34 1 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities 498 837 2,198 - 66) 1,224 1,195 Reserve with F. R. banks Cash in vault Balances with domestic banks Other assets - net 5,241 97 85 358 — ) + - 26) 2 2 -* + — — 79 — 62 21 2 5 + 336 8 + 40 4 + *-* L I A B I L I T I E S Demand deposits-adjusted Time deposits U. S. Gov't deposits Inter-bank deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 8,378 651 50 + 69 11 1 +1,628 + 52 71 1,871 503 83 3,401 679 11 + + 891 234 897 8 — — — — * ,,, • 295 1,483 + u 2 - + 213 + 33 — — — + 222 2 - — 62 7 18 245 4* 1 + 1 — - — 1 13 Form FR—284—b ASSETS "AND LIABILITIES OF WEEKLY REPORTING MEMBER BAliKS HI 101 LEADING CITIES ON DECEIVER 20, 1939 (In millions of dollars) District Reserve Federal Total San St. Minne—iKansas New Phila- Cleve- Rich—J Atlanta Chicago All Dallas Boston Francisco apolis | City Louis delphia land mond j York districts ASSETS Loans and Investments - total Loans - total Commercial, industrial, and agricultural loans Open market paper Loans to brokers and dealers in securities Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities Reserve with F. R. bank Cash in vault Balances with domestic banks Other assets - net L I A B I L I T I E S Demand deposits—adjusted Time deposits U. S. Gov't deposits Inter—bank deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 2,287 299 559 289 727 631 3,137 720 405 694 266 321 937 345 194 8,932 620 3,566 1,921 685 434 4,406 322 852 297 64 29 1,813 119 672 200 25 25 257 8 23 118 16 3 176 3 5 533 34 65 206 9 5 102 3 1 184 18 4 193 2 4 327 21 16 510 1,189 66 1,587 21 81 1 127 236 200 57 469 32 56 1 95 26 172 3 196 15 40 11 32 1 93 76 112 8 10 48 386 70 10 26 l 56 14 22 117 13 52 2 58 54 178 653 2,110 5,999 2,404 3,367 9,577 541 3,081 1,285 14 49 341 55 118 • 498 897 2,386 1,313 1,362 . 37 320 99 275 31 114 23 43 104 7 116 17 27 80 97 58 133 190 17 311 23 26 50 88 49 57 6 86 709 184 326 444 147 159 83 6 54 l4l 71 103 207 13 186 23 132 12 269 29 354 24 290 242 18,923 5,255 584 462 137 33 1,040 1,067 108 7,978 278 311 23 746 1 749 3,713 — 74 — 3 205 129 56 68 5,377 120 218 507 429 24 229 101 11 201 621 120 283 522 52 342 100 192 24 189 38 60 2 386 34 948 105 306 70 500 99 127 . 1,499 86 15 569 203 76 46 1,171 233 15 9,078 1,024 70 1,332 731 279 47 54 492 197 33 398 187 45 2,678 948 13* 481 189 18 304 119 3 535 144 24 318 24 •1 22 3,484 680 4l6 315 1 287 1 1,192 9 360 154 1 426 6 437 1 302 19 222 15 374 36 96 10 94 22 384 6 95 8 60 3 103 246 1,606 976 — — A 87 302 346
@FedFRASER