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Form PR-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 4 , 1939. 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 the following p r i n c i p a l changes f o r the week ended November 29: A decrease of $7,000,000 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 , and i n creases of $40,000,000 i n loans t o brokers and dealers i n s e c u r i t i e s and $54,000,000 i n demand d e p o s i t s - a d j u s t e d . 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 declined $6,000,000 i n New York City and $7,000,000 at a l l r e p o r t i n g member banks. Loans t o brokers and dealers i n s e c u r i t i e s increased $25,000,000 i n New York City and $40,000,000 a t a l l r e p o r t ing member banks. Holdings of United S t a t e s Treasury b i l l s declined $31,000,000 i n t h e Chicago d i s t r i c t and $20,000,000 at a l l r e p o r t i n g member banks, and increased $10,000,000 i n New York City. Holdings of United S t a t e s Government bonds increased $14,000,000 i n New York City and $13,000,000 at a l l r e p o r t i n g member banks. Holdings of o b l i gations guaranteed by the United S t a t e s Government increased $7,000,000. Holdings of "Other s e c u r i t i e s " increased $18,000,000 i n New York City and $34,000,000 at 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 increased $16,000,000 each i n the Atlanta and Chicago d i s t r i c t s , $14,000,000 i n the Philadelphia d i s t r i c t and $54,000,000 at a l l r e p o r t i n g member banks. Time d e p o s i t s declined $14,000,000 i n New York City and $20,000,000 at 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 domestic banks increased $15,000,000 i n New York City, and declined $14,000,000 i n the Boston d i s t r i c t , $11,000,000 i n t h e Kansas City d i s t r i c t and $36,000,000 at 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 i n c r e a s e d $20,000,000. Borrowings of weekly r e p o r t i n g member banks amounted t o $1,000,000 on November 29. A summary of the 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 the week and the year ended November 29, 1939, follows I (In m i l l i o n s of d o l l a r s ) Increase or decrease Nov. since Nov, Nov . 30, 29 . . 22, 1939 1939 1938 ASSETS Loans and Investments - t o t a l + 67 +1 ,834 23,159 Loans — t o t a l + 339 8,656 + 39 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 + 515 4,381 7 Open market paper — 26 312 3 — Loans t o brokers and d e a l e r s i n s e c u r i t i e s + 40 660 52 — Other loans f o r purchasing or carrying s e c u r i t i e s + 2 499 73 — Real e s t a t e loans + 1,189 20 — — Loans t o banks 81 36 Other loans + 7 + 1,579 36 Treasury b i l l s 711 20) Treasury notes — 6) + 607 2,160 U, S. bonds 5,84-2 13) Obligations guaranteed by U. S. Gov't + 7* + 726 2,408 Other s e c u r i t i e s + 162 + 34* 3,382 mrnm Reserve with Federal 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 deposits—adjusted Time deposits 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 9,792 504 3,072 18,972 5,232 535 7,894 731 1 + 2 + 21 7 +2.455 + 61 + 612 + 54 +2,959 + 108 + 1 36 20 +1,682 20 + 1 — + + 223 *Nov. 22 f i g u r e s r e v i s e d (St. Louis d i s t r i c t ) Form FR—284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System November 30, 1939 For immediate r e l e a s e ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IK CENTRAL RESERVE CITIES (in millions of d o l l a r s ) New York City Increase or decrease since Nov, Nov. 22, Nov,, 30, 29, 1938 1939 1939 Chicago Increase or decrease sinqe Nov, 22, Nov . 30, 1938 1939 Nov, 29, 1939 ASSETS 2,038 -39 + 138 60 571 - 7 + 53 393 18 27 - 8 - 1 + 1 + 54 1 - 280 23 52 - 33 5 67 14 + 1 Loans and Investments-total 8,998 +68 +1, 289 Loans - t o t a l 3,022 +19 + 1,704 112 519 - 6 - 2 +25 + 169 114 + 1 - 1 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 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 26 378 - 69 —— —— + 2 — 38 52 + 697 48 241 667 — 3 — + •— 2 — + 1 + 14 + + 56 15 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 565 840 2,145 +10) - 1) +14) 1,214 1,212 + 8 +18 + 405 + 127 173 338 + 1 Reserve vjith F. R. banks Cash i n v a u l t Balances xvith domestic banks Other a s s e t s — net 5,514 87 80 367 + 5 + 4 + 1 -46 +1,435 + 23 + 10 100 1,151 44 243 49 +37 +3 - 3 + 1 + 235 + 9 + 30 — 4 8,459 653 49 + 1 -14 + 1 +1,692 + 49 — 66 1,826 501 63 + 6, + 204 + 34 + 1 3,445 662 +15 +18 + 820 + 217 867 - 8 15 245 + 1 -3D - 3) + 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 deposits U. S. Gov't deposits Inter-bank deposits t Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS mm 301 1,477 +13 - 2 — 1 41 13 —— 8 + 185 — 1 — — 2 13 Ftorm FR-284-b ASSETS AND LIABILITIES OF 7JEEKLT REPORTING MEMBER BANKS IN 101 LEADING CITIES ON NOVEMBER 29, 1939 Federal P h i l a - Cleve- Richdelphia land mond Total All Boston New York districts ASSETS Loans and Investments — t o t a l 23,159 Loans - t o t a l 8,656 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 4,381 Open market paper 312 Loans t o brokers and d e a l e r s i n s e c u r i t i e s 660 Other loans f o r purchasing or carrying s e c u r i t i e s 499 Real e s t a t e loans 1,189 Loans to banks 36 Other loans 1,579 2,245 968 183 185 2 2 322 20 15 10 14 22 386 631 3,106 704 409 692 428 320 900 341 195 296 1,816 195 24 22 253 7 21 117 15 3 176 4 5 531 34 32 205 8 5 106 3 1 226 201 31 56 1 99 26 15 39 11 76 111 11.6 13 52 3 55 8 174 3 197 1,164 611 3,377 292 61 21 117 523 26 468 73 3 185 131 55 68 3 39 97 72 100 51 423 928 310 494 3 53 134 72 101 32 113 25 44 — 540 144 23 468 137 30 1,055 1,037 107 345 148 1 414 269 304 23 4 101 4 87 297 345 9,792 504 3,072 1,294 433 l4l 174 83 5,645 107 208 501 434 22 224 103 520 49 349 103 180 23 209 40 128 14 203 46 1,426 79 549 82 215 12 190 23 18,972 5,232 535 1,181 235 14 9,109 1,026 67 967 1,330 279 731 42 52 486 200 28 410 190 41 2,627 945 111 7,894 731 1 749 3,707 310 24 1 20 247 3,535 664 402 309 1 276 1 1,145 10 308 1,600 18 223 18 373 35 97 —— — 9 95 — 24 54 78 53 58 — 20 384 177 311 118 2 Reserve with F. P.. bank Cash i n v a u l t Balances with domestic banks Other a s s e t s — net L I A B I L I T I E S Demand deposits—adjusted Tine deposits U» S. Gov't deposits Inter—bank depositsi Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS —— 52 488 190 18 39 319 102 276 11 214 601 122 282 — — 383 25 273 242 — —— 1 56 48 137 11 273 30 565 897 2,323 1,305 1,381 — 68 26 101 6 113 19 25 57 335 50 123 437 1 — - 17 3 26 82 98 57 133 190 15 307 22 711 2,160 5,842 2,408 3,382 6 9 32 1 91 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 544 277 704 262 9,848 81 1 127 Dist; r i c t San Minnea- Kansas Dallas St. Francisco City Louis a p o l i s 1,911 681 1,201 28 Reserve Atlanta Chicago 7 96 9 59 — 85 685 185 322
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