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STATEMENT FOE THE PRESS

Form F. R. 284
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
F e b r u a r y l b , 1942

C o n d i t i o n of Weekly R e p o r t i n g Member Banks i n Leading C i t i o s
The c o n d i t i o n s t a t e m e n t 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 the week ended F e b r u a r y 11: I n c r e a s e s of
$77,000,000 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 $274,000,000 i n
demand d e p o s i t s - a d j u s t e d , and a d e c r e a s e of ^150,000,000 i n d e p o s i t s c r e d i t e d t o
domestic b a n k 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 $55,000,000 i n New
York C i t y and $77,000,000 a t a l l r e p o r t i n g member banks. 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 $25,000,000.
Demand d e p o s i t s - a d j u s t e d i n c r e a s e d i n n e a r l y a l l d i s t r i c t s , t h e p r i n c i p a l i n c r e a s e b e i n g $168,000,000 i n New York C i t y .
D e p o s i t s c r e d i t e d to domestic banks d e c l i n e d $111,000,000 i n New York C i t y and
$150,000,000 a t a l l r e p o r t i n g member b a n k s .
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 w i t h changes f o r t h e week and t h e year ended F e b r u a r y 11, 1942} f o l l o w s :
( I n m i l l i o n s of d o l l a r s )
Feb.

11
19U2

Increase or decrease
s:m c e
Feb. 12
Feb. k>

1912

19U

ASS E T S
Loans and Investments - t o t a l

30,152

+ 97'

+4,204

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 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 l o a n s f o r p u r c h a s i n g . or c a r r y i n g s e c u r .
Real e s t a t e l o a n s
Loans t o banks
Other l o a n s

11,522
6,862
1*21
u50
4o4
1,250
52
1,905

+
+
+
+
-

81
77
3
25
6
2
3
11

+1,945
+1,689
+ 104
+
26
55
+
19
2
+ 164

1.274
2,553
9,110
2,716
5,697

+ 10
- 12
- 2
+ 6
+ 14

+ 554
- 235
+2,016
49
27

10,268
548
3,250

+ 42
+ 16
- 32

-1,372
+
26
- 101

24,731
5,197
1,486

+274
- 17
+ 4

+1,750
- 255
+1,132

9,016
650
1

-150
+ 4

+

Treasury b i l l s
Treasury n o t e s
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 e d e r a l Reserve Banks
Cash i n v a u l t
Balances w i t h domestic banks
L I A B I L I T IS,
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
Interbank deposits*
Domestic banks
f o r e i g n banks
Borrowings




26
5

Form F . R. 284-a
STATEMENT FOR THE PRESS
Board of Governors
of the F e d e r a l Reserve System
February 13, 1942

For immediate r e l e a s e

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES
( i n m i l l i o n s of d o l l a r s )

Feb.
11
19U2
^

New York City
I n c r e a s e or
decrease since
Feb. 12
Feb. 4
1942 . 1941*

A S S E T S

Chicago
I n c r e a s e or
decrease since
Feb. 12
Feb* 4
1941*
1942

Feb.
11
•

Loans and I n v e s t m e n t s - 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 b r o k e r s and d e a l e r s
Other loans f o r p u r c h a s i n g
or 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 l o a n s

2,911

- 6

4" 328

783

935

+ 1

+

232

720
13
H- .30

730
15
37

+ 6
- 1
- 3

+

231
6
4

18
9
8
65

49
24
80

- l

+

273
48
605

430
139
925

- 4
- 2

+

118
18

106
376

12,203

+ 66

+1 ,513

3,829

+ 74

+

2,700
78
317

+ 55
- 3
+ 27

+

148
103
30
453

+
-

l
1
3
2

+
+
+

+

6
4
+

Treasury b i l l s
Treasury n o t e s
Ue 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

420
1,444
3,577

- 13
- 8
- 3

1,475
1,458

+
+

Reserve w i t h F # d 9 Bank
Cash i n v a u l t
Balances w i t h domestic banks
Other a s s e t s - n e t

5,007
83
82
329

+ 8
- 5
- 11

- 1 ,388
l
' 9
42.

1,030
41
271

io,474
724
765

+168
- 9
+ 14

217
30
751

2,271
466
186

3,397
566

-111
+ 3

404
3

1,063
9

-11

+

239
1,539

-

. 56
32

17
282

- 1

-h
+

8
8

+

5
7
24
157
18
12

- 1

3- 5

+

k l

13
l

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* &, Gov 1 1 d e p o s i t s
Interbank d e p o s i t s :
Domestic banks
F o r e i g n banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS




+

7

"•Corrected February 16, 1942

229
44
90

- 3
- 5

t
17

Form F. R. 28^-b

ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES, FEBRUARY 11, 1942
( I n m i l l i o n s of d o l l a r s )
Total
All
Boston
districts

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
R e s e r v e w i t h F . R. Banks
Cash i n v a u l t
Balances with domestic banks
Other a s s e t s - n e t

Di s t r i c t
k e s e, r v e
3j ' e d e r a l
MinneSt.
P h i l a - Cleve- R i c h A t l a n t a Chicago Louis a p o l i s
mond
d e l p h i a land

' 414

860
462

684
360

2,659
1,135

169
19
3

233
8
6

968
41
43

286
23
4

150
2

300
30
3

255
2
4

489
21
9

11
52

8
34
1
124

6
16

9
33

13
22

35
388

167

10
59
l
75

96

87

61:

193

34 "
51
161
62
110'

463
236
1,423
292
573

16
44
256
57
112

33
15
144
30
41

18
42
138
79
121

33
41
147
39
o4

92
67
867
158
340

300
29
237
45

206
18
253
48

1,454
88
614
74

267
15
222
21

116
8
85
14

261
17
305
20

192
15
501
32

582
32
303
315

1,881
710
53

731
200
46

564
188
62

3,534
954
231

647
184
23

374
107
3

669
135
30

636
130
35

1,495
1,098
149

541
1

401

424
2

1,454
9

508

201
1

514
- -

325
l

386
20

1,417
' 555

2,382
878

910
338

6,862
1*21
450

U3l
108
14

2,860
92
322

295
42
26

426
33
15

14
77

33
49

17
184

——

——

144

192
191
30
556

110

203

84

1,271
2,333
9,110
2,716
3,697

53
40
457
54
128

473
1,512
3,905
1,570
1,601

20
26
446
103
267

30
184
846
170
274

9
75
320
102
b6

10,268
548
3,250
1,221

497
135
176
71

5,195
109
232
424

457
26
184
68

741
56
338
89

2it,731
5,197
1,486

1,522
217
17

11,409
1,085
808

1,269
189
29

9,016
630
1
751
3,927

346
23
l
22
251

3,486
567

430
6

. *

<•»

| San
(Franciscc

534
271

' 13,304
4,243

1,250
32
1,903

D s

943
458

1,520
788

hoh

Kansas
City

4,407
1,420

30,14.52
11,322

CM
00

E T S
Loans and I n v e s t m e n t s - 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 m a r k e t p a p e r
Loans t o b r o k e r s & d e a l e r s i n s e c u r .
Other l o a n s f o r p u r c h a s i n g
or 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

New
York

56
145
——

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 d e p o s i t s
U. S. G o v ' t d e p o s i t s
Interbank depositsDomestic b a n k s
F o r e i g n banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS




245
l,o64

12
217

24
396

mm w

mm mm

41
102

18
99

——

.23
432

——

6
100

7
64

- -

4
ill

• ——

5
92

——

344
399