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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