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Form FR—234 Board of Governors of the Federal Reserve System February 13, 1939 STATEMENT FOR THE PRESS For immediate release Condition of Weekly Reporting Member Banks in 101 Leading Cities The condition statement of weekly reporting member banks in 101 leading cities shows for the week ended February 8 an increase of $29,000,000 ip demand depositsadjusted, an increase of $110,000,000 at New York City banks / p % % y offset by decreases of $31,000,000 in the Chicago district, $18,000,000 In the Boston district, and $11,000,000 in the Cleveland district. Deposits credited to domestic banks decreased $80,000,000 in Hew York City, $12,000,000 in the Cleveland district, and $88,000,000 at all reporting member banks. Holdings of United St rtes Government direct obligations increased $9,000,000 in the Scm Francisco district, and decreased 812,000,000 in New York City and $2,000,000 at all reporting member banks. Holdings of obligations fully guaranteed by the United States increased $20,000,000 in New York City and $18,000,000 at all reporting member banks. An increase of $55,000,000 is shown for "Other securities" at all reporting member banks and of ^74,000,000 at reporting member banks in New York City. In addition $53,000,000 heretofore included in "Other securities", as well as $47,000,000 heretofore included in loans, are now included in "Other assets". Such loans and securities indirectly represent bank premises and other real estate and are now shown as a separate item in member bank call reports, although included in other assets in the weekly statement. The changes in loans shown below resulted in part from the transfer of certain loons heretofore classified as commercial, industrial and agricultural to "All other" loans* A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended February 8, 1939, follows: u n minions oi dollarsj Increase or decrease since Feb. Feb, 9, Feb. 1, 8, 1938 1939 1939 A S S E T S + 17 Loans and Investments - total + 233 21,459 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 8,179 3,745 324 786 53& 1,146 106 1,536 - 54* - 22 — 6 + 1 - 28 + 7 — 6 — 746 - 657 - 126 + 72 ~ 79 15 + 43 + 16 U. S. Government direct obligations Obligations fully guaranteed by U.S. Gov't Other securities 8,171 1,807 3,302 - 2 + 18 + 55* 31 + 661 + . 349 Reserve with Federal Reserve banks Cash in vault Balances with domestic banks 7,453 423 2,515 - 68 + 29 - 78 +1,836 + 119 + 543 16,077 5,185 632 + 29 + 2 + 1 +1,566 38 7 6,271 572 1 - 88 +1,027 + 182 1 L I A B I L I T I E S Demand deposits-adjusted Time deposits U. S. Government deposits Inter—bank deposits: Domestic banks Foreign banks Borrowings — + 4 1 *See text above Form FR—2o4~a STATEMENT FDR THE PRESS Board of Governors of the Federal Reserve System February 9, 1939 For immediate release ASSETS AND LIABILITIES OF TREEKLY REPORTING MEMBER BA1IKS IK CENTRAL RESERVE CITIES (In millions of dollars) New York City Increase or Feb, decrease since 8, Feb. 1, Feb. 9, 1938 1939 1939 Feb. 8, 1939 Chicago Increase or decrease since Feb. 1, Feb. 9, 1938 1939 A S S E T S + 16 + 191 528 + — 90 358 347 + 4 — 73 13 2 24 19 50 21 Loans and Investments — total 7,658 + 71 - 160 2,127 Loans — total 2,890 - 11 - 354 1,351 125 636 — 5 — — 8* + 8 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 187 108 86 • - 6 + — + 397 46 64 16 34 4 — + 1 — 2 + 67 13 + 2 51 - 3 - 6 1 1 U, S» Gov't obligations Obligations fully guaranteed by U. S. Gov't Other securities 2,636 - 12 - 515 1,161 923 1,209 + 20 + 522 + 74 + 187 113 325 + 3 + 3 + 12 70 Reserve with F. R. bank Cash in vault Balances with domestic banks Other assets - net 4,320 54 76 419 - 75 686 31 193 50 - 16 + 79 7 +1,644 + 4 + + + 2 3 + 1 1 8* 57 + 12 - 17 - 1 199 + + 33 11 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 account 6,887 617 +110 +1,050 2,626 502 - 80 - 5 294 — 16 116 1,485 — — + 2 1,576 471 83 — - 31 227 + + 553 146 681 50 13 254 — - 1 9 - 17 + l4l + 1 — - 2 + 2 + 21 + 120 + 4 14 *Decrease in Real estate loans and increase in Other Assets due to reclassification of certain items. Form FR-284-b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANES IN 101 LEADING CITIES ON FEBRUARY 8, 1939 J (in millions of dollars) Cist rict Res e r v e F e d e r a Total San Minne- Kansas St. Richi;ew Phila- CleveAll 5alias Chicago Atlanta Francisco Boston York City Louis apolis delphia land mond districts A S S E T S Loans and Investments - total 8,498 1,127 1,851 651 590 3,196 700 392 654 498 2,179 3,250 4o6 638 233 305 850 310 155 259 242 966 246 65 29 1,447 133 64l 177 22 19 227 9 22 98 10 3 172 4 6 482 31 38 178 4 6 76 4 1 156 18 5 158 1 3 328 23 13 536 1,1-46 106 1,536 25 80 2 118 251 206 87 485 32 53 2 101 26 169 2 183 17 35 78 98 4 119 12 48 7 55 7 7 48 379 60 12 23 1 44 15 20 70 13 28 1 81 45 175 U. S. Gov't obligations Obligations fully guaranteed by U, S.Gov't Other securities 8,171 1,807 3,302 388 33 137 2,895 979 1,374 365 88 268 834 102 277 312 43 63 155 4? 83 1,648 231 467 228 60 102 182 15 4o 215 47 133 161 39 56 788 123 302 Reserve with F. R. bank Cash in vault Balances with domestic banks Other assets - net 7,4 53 423 ~ 2,515 1,290 347 i4o 151 82 .4,498 71 I83 510 274 17 169 104 358 40 277 106 154 19 168 35 110 12 159 45 895 61 408 82 162 11 142 23 69 7 87 17 166 12 256 22 110 11 245 30 310 22 270 234 16,077 5,185 632 1,036 250 15 7,501 1,008 134 788 283 54 1,117 738 42 434 198 28 352 183 42 2,295 892 129 442 188 20 261 119 2 494 144 22 428 134 . 34 6,271 572 255 24 2,701 504 320 10 350 1 245 1 241 1 913 10 292 124 1 349 211 270 20 1 717 3,685 20 243 302 1,610 15 221 17 367 27 94 6 91 1 16 386 5 91 8 57 3 98 4 83 294 344 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 21,459 1,123 8,179 565 3,745 324 786 L I A B I L I T I E S Demand deposits-ad justed Time deposits U. S. Gov't deposits Inter-bank depositsl Domestic banks Foreign banks Borrowings Other liabilities Capital account 929 1,048 110
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