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I.EIJT FOR THE PPJSS

iters F. r.. 284
For imnedlate r e l e a s e

Board, of Governors
of t h e Federal Reserve System
February 24, 194-1

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 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 February 19 $ I n c r e a s e s of
$44,000,000 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 , $164,000,000 i n r e serve balances with Federal Reserve Banks, $176,000,000 i n demand deposits—adjusted,
and $109,000,000 i n d e p o s i t s c r e d i t e d t o domestic banks.
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 i n c r e a s e d $22,000,000 i n Hew
York City and $44,000,000 a t a l l r e p o r t i n g member banks. Loans to brokers and
d e a l e r s i n s e c u r i t i e s decreased $6,000,000.
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 i n creased $22,000,000 i n t h e Chicago d i s t r i c t and $33,000,000 a t 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 c r e a s e d $22,000,000 i n t h e Chicago d i s t r i c t ,
$21,000,000 i n N e w York City, and $54,000,000 a t a l l r e p o r t i n g member bonks.
Denand deposits—adjusted i n c r e a s e d §89)000 ^000 i n How York City, $ ^ ? 0 0 0 ? 0 0 0
i n t h e Chicago d i s t r i c t . $25,000,000 i n the Hew York d i s t r i c t o u t s i d e Hew York City,
$23,000,000 i n t h e Cleveland d i s t r i c t , and 6176,000.,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 i n c r e a s e d $14,000,000.
Deposits c r e d i t e d t o domestic banks i n c r e a s e d $29,000,000 i n Hew Yc-ri-c C i t y ,
$25,000,000 i n t h e Chicago d i s t r i c t , $12,000,000 i n t h e Kansas City d i s t r i c t , and
$109,000,000 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 February 19, 1941, follows t
( i n m i l l i o n s of d o l l a r s )
I n c r e a s e or decrease
since
Feb. 12, Feb. 21,
1940
1941

Feb.
19,
1941
ASSETS
26,381

+133

+3,170

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 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 loans

9,423
5,217
320
418
458
1,230
36
1,744

+ 46
+ 44
+ 3
— 6
- 1
— 1
+ 2
+ 5

+
+

+
+

892
901
13
199
24
45
19
201

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

737
2,572
7,111
2,760
3,778

+ 17
+ 4
+ 17
- 5
+ 54

+
+
+
+
+

114
82.9
647
335
353

11,804
518
3,388

+164
4
+ 37

+1,498
+
56
+ 260

23,157
5,466
354

+176
+ 14
— —

+3,901
+ 189
- 219

9,151
624

+109
- 1
- 1

+1,060
~ 121
1

Loans and Investments — t o t a l

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 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 d e p o s i t s t
Domestic banks
Foreign banks
Borrowings



—

—

Form F. R. 284
STATEMENT FOR THE PRESS
Board of Governors
of t h e Federal Reserve System
February 20, 1941

For immediate r e l e a s e

ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER 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
decrease since
Feb.
Feb. 12, Feb,, 21,
19
1940
1941
1941

.

Feb.
19
1941

Chicago .
I n c r e a s e or
decrease 1since
Feb. 12, Feb. 21,
1940
1941

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
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 l o a n s
Loans t o banks
Other loans

+ 38

+

328

703

— —

+

134

357
24
190

497
21
34

-

+
+

109
2
-h —

7
2
27
19

55
20
1
75

10,719

+ 29

+1,907

3,063

+ 17

+

140

2,002
90
282

+ 22
- 1
- 5

+

167
111
23
388

+ 1
- 1
+ 1
— —

-

+
-

+

2,621

2

—

—

+

1

— —

—

+

+
-

1

. +

—

+

+

9
6
1
25

1

Treasury b i l l s
Treasury n o t e s
IL S, bonds
O b l i g a t i o n s guaranteed by
U. S.Gov't
Other s e c u r i t i e s

143
1,496
2,966

— 4
+ 4
— 6

—

36
+ 774
+ 509

452
160
775

+ 15
- 3
+ 7

—

1,590
1,461

- 3
+ 21

+

318
202

125
406

+ 1
+ 13

—
+

28
66

Reserve m t h F. R. Bank
Cash i n v a u l t
Balances with domestic banks
Other a s s e t s - n e t

6,535
82
93
336

+140
- 2
+ 2
- 35

447
4
10
26

1,032
41
263
42

- 1
— —
+ 5

+

+

+

135
12
23
5

10,780
766
14

+ 89
+ 12

+1,959
+ 115
30

2,059
510
96

+
+
+

303
8
13

+ 360
— 113

1,049
7

- —
34
+
17

13
265

+

+

+
+
—

+

—

121
3
38

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
Inter-bank d e p o s i t s :
Domestic banks
Foreign banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS




3,830
569
—

299
1,507

— —

+ 29
— —
—

+ 4
— —

+

+

17
~

—

+ 25
— —
— —
—

—

+ 153
1
— —

+

2
19

Form F» R. 284-b

ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BATIKS III 101 LEADIUG CITIES 01? FEBRUARY 19- 1941
(in millions of d o l l a r s )
D i s t r i c t
Fee e r a 1 Res e r v e
Total
San
Minnea- Kansas D a l l a s
l;evr P h i l a - Cleve- Rich- Atlanta Chicago
All
Boston
Francisco
Cityp
o
l
i
s
Louis
mond
delphia land
York
districts

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
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 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 to banks
Other l o a n s
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
Reserve with F. R. Banks
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 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 deposits
Inter—bank deposits*
Domestic banks
Foreign banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS



26,381
9,423

1,247
653

11,628
3,438

1,233
481

1,998
789

769
295

703
375

3,879
1,110

789
383

452
213

720
351

590
321

2,373
1,014

5,217
320
418

331
67
12

2,131
101
290

238
34
24

352
9
14

138
10
3

198
4
7

602
42
41

224
13
5

111
3
1

213
22
3

221
1
5

378
14
13

458
1,230
36
1,744
737
2,572
7,111
2,760
3,778
11,804
518
3,388
1,241

17
81
4
141
31
50
328
57
128

213
191
23
489
143
1,553
3,208
1,670
1,616

32
50

14
48

11
35
2
118

163
188
54
69

43
386
1
179
12
80
732
189
346

662
145
198
68

6,746
103
237
475

524
23
211
SO

799
51
372
90

258
25
237
40

3
55
98
58
114
166
15
232
50

12
59
2
68
13
46
169
65
113

10
31

31
353
89
279

68
132
2
143
452
299
1,112
296
610

6
12

—

20
182
1
211
11
170
619
136
273

1,444
79
599
75

23,157
5)466
354

1,393
233
11

11,599 1,096
260
1,130
10
31

1,608
754
24

600
206
22

470
190
29

9,151
624

395
20

3,924
570

468
5

520
1

366

746
3,834

20
248

305
1,630

15
217

16
387

36
99

—

103

™

82

—

—

80
29
26
110
32
42

72
13
58
95
76
127

12
23
1
58
30
41
99
38
61

257
12
208
22

109
8
109
16

209
18
334
20

151
13
309
31

479
26
342
274

3,109
1,008
124

551
192
12

326
115
2

594
144
9

545
136
23

1,266
1,098
57

368
2

1,395

432

181
1

444

296
1

362
16

11
96

18
4l4

5
96

8
61

3
107

4
89

305
390

8