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Form FR-284 ST/TEMENT FOR THE PRESS 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 January 13, 1941 Condition of Weekly R e p o r t i n g Member Banks i n 101 Leading C i t i e 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 t h e week ended J a n u a r y 8 : A d e c r e a s e of $87,000,000 i n l o a n s 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 , and i n c r e a s e s of $74,000,000 i n h o l d i n g s of United S t a t e s Treasury b i l l s , $178,000,000 i n r e s e r v e b a l a n c e s w i t h F e d e r a l Reserve Banks, $182,000,000 i n denand d e p o s i t s — a d j u s t e d , and $49,000,000 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 $ 1 3 , 0 0 0 , 0 0 0 . 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 d e c r e a s e d $69,000,000 i n New York C i t y , $11,000,000 i n t h e Boston d i s t r i c t , and $07,000,000 a t a l l r e p o r t i n g member b a n k s . Holdings of United S t a t e s Treasury b i l l s i n c r e a s e d $106,000,000 i n t h e Chicago d i s t r i c t and $74,000,000 a t a l l r e p o r t i n g member b a n k s , and d e c r e a s e d $38,000,000 i n Hew York C i t y . Holdings of United S t a t e s Treasury n o t e s i n c r e a s e d $45,000,000 i n New York City and $35,000,000 a t a l l r e p o r t i n g member banks. Holdings of United S t a t e s Government bonds i n c r e a s e d $47,000,000 i n New York C i t y and $45,000,000 a t a l l r e p o r t i n g member b a n k s . 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 $76,000,000 i n New York C i t y , $37,000,000 i n t h e Richmond d i s t r i c t , $28,000,000 i n t h e Boston d i s t r i c t , and $182,000,000 a t a l l r e p o r t i n g member b a n k s . Time d e p o s i t s decreased $ 1 3 , 0 0 0 , 0 0 0 . D e p o s i t s c r e d i t e d t o domestic banks i n c r e a s e d $22,000,000 i n New York C i t y , $12,000,000 i n t h e Boston d i s t r i c t , $10,000,000 i n t h e Chicago d i s t r i c t , and $49,000,000 a t a l l r e p o r t i n g member banks• D e p o s i t s c r e d i t e d t o f o r e i g n banks decreased $28,000,000 i n New York City and 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 w i t h changes f o r t h e week and t h e yaar ended J a n u a r y 8 , 1941, f o l l o w s I ( 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 d ecrease Jan. since 8, Dec. 3 1 , J a n . 10, 1940 1941 1940 A S S E T S + 81 25,608 +2,477 Loans and I n v e s t m e n t s - t o t a l + 652 - 92 9,298 Loans — t o t a l + 668 + 13 5,031 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 — + 4 9 Open market paper 305 — 172 - 87 497 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 — — 6 42 4-59 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 + 41 — 2 1,22.8 Real e s t a t e l o a n s + 1 13 33 Loans to banks 4- 179 1,740 - 15 Other l o a n s - Treasury b i l l s Treasury n o t e s U 0 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 685 2,164 7,024 2,756 3,681 + + + + + 74 35 45 13 6 + + + + 4- 36 397 663 356 373 11,975 551 3,388 +178 + 16 - 74 +2,052 + 42 + 352 22,481 5,419 471 +182 - 13 - 3 +3,658 9,114 664 1 + 49 ~ 28 + 1 +1 ,128 — 67 + 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. Government d e p o s i t s Intcr-bank deposits l Domestic banks F o r e i g n banks Borrowings + - 145 112 L I> Form F . R. 284 STATEMENT FOR THE PRESS Board of Governors of t h e F e d e r a l Reserve Syster J a n u a r y 9« 1941 For immediate r e l e a s e ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BAMS III CENTRAL RESERVE CITIES ( i n m i l l i o n s of d o l l a r s ) Nevz York City I n c r e a s e or d ecreas e s i n c e Jan, 8, Dec. 3 1 ? J an,. 1 0 , 1%40 1940 1941 ASSET Chicago I n c r e a s e or decrease since Dec. 31, J" all| 10 y 19^0 1940 Jan. 8, 1941 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 market p a p e r Loans t o b r o k e r s and d e a l e r 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 i t i e s Real e s t a t e l o a n s Loans t o banks Other l o a n s 2,489 +105 + 244 32 687 — 4 + 121 225 16 169 481 20 37 + + - 1 1 5 + + + 99 2 1 7 1 20 18 53 20 - 1 3 + + 10,314 + 16 +1,605 3,060 - 61 + 1,915 95 350 + 11 + 2 - 69 + - 169 113 24 391 - 2 — M - ~ — - — — — —• — -*• — — 76 — 12 6 - + —* + 25 + + 109 20 53 + 62 43 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. GovH Other s e c u r i t i e s 165 1,214 2,899 — 38 + 45 + 47 + + 123 510 592 400 146 762 +106 1,5853 1,388 + 14 + 9 + + 373 221 115 379 + + Reserve vd.th F. R . 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 6,796 90 81 320 + 47 - 1 + 1 - 10 +1,061 + 9 + 2 — 38 986 44 314 40 - 70 - 1 - 15 - 1 + 59 5 10,486 731 29 + 76 - 6 +2,079 + 77 — 21 1,977 510 95 + 13 - 1 + + + 187 15 12 3,942 605 4- 22 - 28 + 1,005 7 + - + 120 1 — — — — 2 1 + 54 — 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. GovH d e p o s i t s Inter-bank deposits i Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS — -H 306 1,502 —» — WW — - 10 - 1 533 64 — • + + - — 18 17 — — 8 1 - — 13 266 - 1 — <— - + - 19 Form F. R. 284r-b ASSETS ADD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS III 101 LEADING CITIES ON JANUARY 8 , 1941 ( i n n i l l l o n s of d o l l a r s ) F e d e r a l R e s e r v e D i s t r i c t Total San Minne- Kansas D a l l a s All P h i l a - Cleve—IRich- A t l a n t a Chicago S t . Francisco Louis a p o l i s City districts d e l p h i a l a n d 1 nond b H X5 ASSETS Loans and I n v e s t m e n t s — t o t a l Loans — t o t a l C o n n 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 n a r k e t paper 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 Other l o a n s f o r purchasing or carrying securities Real e s t a t e loans Loans t o banks Other loans 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. Qov*t Other s e c u r i t i e s R e s e r v e with F. R. Bank Cash i n v a u l t B a l a n c e s with d o n e s t i c 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 Tine d e p o s i t s U. S . G o v ' t d e p o s i t s Inter—bank 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 25,608 9,298 1,216 636 11,205 3,427 1,208 472 1,976 759 742 296 698 370 3,731 1,082 760 375 425 217 713 347 583 316 2,351 1,001 5,031 305 497 319 61 16 2,044 103 357 229 33 24 322 9 16 137 10 3 197 4 8 659 36 43 218 10 4 113 3 3 209 21 4 216 1 5 368 14 14 459 1,228 38 1,740 17 80 4 139 217 192 24 490 32 50 1 103 22 181 1 208 14 48 11 33 2 115 63 133 1 147 13 58 3 69 6 12 10 32 71 13 23 1 57 41 386 1 177 685 2,164 7,024 2,756 3,681 25 40 339 57 119 168 1,266 3,132 1,668 1,544 150 174 54 68 7 40 102 63 116 400 280 1,098 285 586 14 37 155 64 115 18 118 30 42 14 49 96 76 131 33 38 97 40 59 7 70 734 193 346 11,975 551 3 , 3 88 1,189 677 149 197 70 22,481 5,419 471 9,114 664 1 736 3,825 — — 84 — — — 80 — 28 342 90 276 17 148 637 136 279 6,991 113 238 427 544 25 229 78 780 53 363 89 261 28 252 39 153 16 207 48 1,361 85 646 73 254 14 198 21 117 8 129 15 207 19 299 21 149 13 283 30 481 28 347 278 1,371 231 13 11,241 1,098 55 1,079 260 40 1,56} 745 43 597 202 36 442 189 41 2,977 1,003 134 533 193 12 331 116 2 556 144 13 520 135 30 1,271 1,103 52 404 22 1 20 247 4,036 606 469 5 505 1 353 1 343 2 1,343 8 409 176 1 436 — — 279 1 361 17 312 1,626 15 216 16 388 34 99 9 96 18 413 5 95 7 61 4 89 293 388 —* — — — «— — — 3 107
@FedFRASER