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Form FR-284 STATELIEST FOR THE PRESS For immediate r e l e a s e Board of Governors of t h e Federal Reserve System December 9 , 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 leading crfcies shows t h e following p r i n c i p a l changes f o r the week ended December 4? I n creases of $31,000,000 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 , $57,000,000 i n holdings of United S t a t e s Government d i r e c t and guaranteed o b l i g a t i o n s , and $60,000,000 i n holdings of "Other s e c u r i t i e s " , and decreases of $171,000,000 i n r e s e r v e balances with Federal Reserve Banks, $58,000,000 i n demand d e p o s i t s - a d j u s t e d , and $84,000,000 i n United S t a t e s Government d e p o s i t s . 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 i n c r e a s e d $17,000,000 i n New York City and $31,000,000 a t a l l r e p o r t i n g member banks. Loans t o brokers and d e a l e r s i n s e c u r i t i e s decreased $15,000,000. Holdings of United S t a t e s Government d i r e c t and guaranteed o b l i g a t i o n s inr* creased $24,000,000 i n Ilew York C i t y , $19,000,000 i n the Chicago d i s t r i c t , and in57,000,000 at 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 creased $34,000,000 i n New York C i t y , $15,000,000 i n the Chicago d i s t r i c t , and $60,000,000 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 $30,000,000 i n New York City, $28,000,000 i n t h e P n i l a d e l p h i a d i s t r i c t , $12,000,000 i n t h e Chicago d i s t r i c t , and $58,000,000 a t a l l r e p o r t i n g member banks. Time d e p o s i t s decreased $10,000,000. United S t a t e s uovernnent d e p o s i t s decreased $24,000,000 i n t h e San Francisco d i s t r i c t , $20,000,3)0 i n t n e Chicago d i s t r i c t , and $84,000,000 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 to domestic banks decreased $55,000,000 i n New York City and $6,000,000 a t a l l r e p o r t i n g member banks. 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 the week and the year ended December 4,1940, follows» — ( i n m i l l i o n s of d o l l a r s ) Increase or decrease Dec. since 4, Nov. 27, i Dec . 6 , 1940 1940 | 1939 ASSETS Loans and Investments - t o t a l 25,053 +151 +1,891 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 loans f o r purchasing or carrying s e c u r i t i e s Real estate loans Loans to banks Other loans Treasury b i l l s Treasury notes U. S. bonds Obligations guaranteed by U. 8. Gov't Other s e c u r i t i e s ueserve with Federal Reserve Banks Cash i n v a u l t Balances with domestic banks L I AB I L 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 deposits I Domestic banks Foreign banks Borrowings 9,162 4,942 303 452 459 1,229 43 1,734 + + 4+ + + 34 31 4 15 1 1 4 10 + + + + + 786 1,871 6,927 2,723 3,584 + + + + + 2 10 29 16 60 60 278 +1 ,078 + 308 + 207 11,967 529 3,259 -171 - 11 - 88 +2 ,219 + 25 + 229 22,131 5,365 447 - 58 - 10 - 84 +3 ,307 + 128 — 87 8,837 673 1 — 6 + 2 ~ 516 564 10 198 44 42 10 152 ~ — — + - I E S + 900 62 - w* • Porn F. R. 284 STATEMENT FOR THE PRESS „ Board, of Governors of t h e Federal. Reserve System Decenber 5, 1940 . , - m e d i a t e release ilSSETS BD LIABILITIES OF WEEKLY REPORTING MEI.IBER BANKS IN CENTRAL RESERVE CITIES (in m i l l i o n s of d o l l a r s ) New York City Increase or Dec. decrease since 4 Nov. 27, Dec. 6 , 1940 1940 1939 Dec. 4 1940 Cli: I n c r e a s e or decrease since Nov. 27, Dec. 6, 1940 1939 ASS E T S Loans - t o t a l C o m m e r c i a l , 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 l o a n s Loans t o banks Other loans 9,905 + 62 + 902 2,372 2,986 + k - 17 671 + 6 4" 101 1,885 87 320 + + 182 25 187 473 19 33 + + 1 1 3 + - + 5 9 5 h 13 56 20 + + 1 1 + 11 6 70 + 1 + 17 252 ll+o 629 322 139 762 4" 4- 22 2 + 272 95 93 332 70 101 377 1,.192 44 276 46 163 117 26 388 17 + 5 - 19 - —— - - - + + 1 - + + «• Treasury b i l l s Treasury n o t e s U. 8. bonds Obligations guaranteed by U. S. Gov't Other s e c u r i t i e s 319 973 2,796 - 35 + 13 + 22 + 1,554 1,277 + 21+ + 3I4. + Reserve with F. R. Bank Cash i n v a u l t Balances with domestic banks p t h e r a s s e t s — net 6,713 90 82 338 -101 - 2 - hi 1;,261 5 + 2 33 10,195 705 29 - 30 - b - 6 +1,779 + 47 21 2,046 509 83 3,771 617 -+ 55 1 + 356 52 1,003 7 305 1,506 + 11 +. 1 + k 2k 16 — + + + 37 - 338 — — •mm - 4* + — 3 10 - + — + 72 39 444- 4- 41 1 2 1 31 1 34 3 4- — + — 11 4- 226 7 20 2 1 + 4- 4- 1 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 Interbank deposits $ Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS + 266 + 129 2 __ 4- 21 Form F. E . 284-b. ASSETS AIJD LI ABILITIES'"OF'WEEKDr'RHPiSlTIlIG'lSEMEER- B AMS 111 101 LEADIHQ CITIES OB ( i n 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 D i s t All Hew P h i l a - Cleve- R i c h - Atlanta Chicago S t . Boston districts York d e l p h i a land mond Louis 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 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 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 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. GovH 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 B a l a n c e s 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 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 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 25,053 9,162 1,231 643 10,788 4,942 303 452 DECEMBER 4 , 1940 r i c 1J Minne- Kansas D a l l a s San a p o l i s City Franciscc 3,349 1,210 474 1,947 743 734 299 706 369 3,589 1,059 736 372 430 217 738 336 582 306 2,362 995 320 66 17 2,009 93 325 231 34 21 302 8 17 138 11 3 192 3 8 646 38 38 215 10 4 114 3 1 201 21 4 207 2 4 367 14 10 459 1,229 43 1,734 786 1,871 6,927 2,723 3,584 17 80 4 139 29 38 346 57 118 212 196 26 488 33 50 1 104 23 182 1 210 11 33 2 120 65 130 1 l4i 13 58 4 68 7 12 10 31 1 68 319 1,019 3,024 1,640 1,437 3 36 114 64 120 325 271 1,088 267 579 40 385 1 178 6 62 743 195 361 11,967 529 3,259 1,211 640 146 194 77 22,131 5,365 447 8,837 67 3 1 742 3,823 27 344 90 275 17 138 635 137 277 15 48 1 83 4 134 176 53 68 6,914 112 227 415 495 25 222 80 782 50 361 94 229 24 267 39 143 15 190 49 1,556 81 600 80 276 13 187 22 115 7 124 1? 201 17 290 23 145 13 282 31 471 2.6 315 284 1,372 231 12 10,904 1,071 53 l,04l 260 40 1,559 739 38 578 200 30 449 190 36 3,018 993 118 541 191 14 335 116 2 562 145 15 516 134 29 1,256 1,095 60 384 20 3,866 618 453 5 494 1 350 1,336 8 — 170 1 437 — 320 2 387 — - 278 2 362 16 1 22 246 312 1,632 15 218 19 384 35 100 10 96 21 412 5 96 8 61 4 90 288 381 — —• 14 35 139 65 111 80 1 20 121 29 42 32 56 97 80 137 13 24 1 55 36 35 100 46 59 — — 3 257
@FedFRASER