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Form FR-284 For immediate release STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System January 15, 1940 Condition of Weekly Reporting Member Banks in 101 Leading; Cities The condition statement of weekly reporting member banks in 101 leading cities shows the following principal changes for the week ended January 101 A decrease of $31,000,000 in loans to brokers and dealers in securities, increases of $10,000,000 in commercial, industrial and agricultural loans, $54,000,000 in holdings of United States Treasury bills, $92,000,000 in reserve balances with Federal Reserve banks, and $257,000,000 in demand deposits-adjusted, and a decrease of $204,000,000 in deposits credited to domestic banks. Commercial, industrial and agricultural loans increased 521,000,000 in New York City and $10,000,000 in the Chicago district, and declined $5,000,000 each in the Atlanta and Dallas districts and an aggregate of $11,000,000 in the other districts. Loans to brokers and dealers in securities declined $19,000,000 in New York City and $31,000,000 at all reporting member banks. Holdings of United States Treasury bills increased $69,000,000 in the Chicago district and $54,000,000 at all reporting member banks# Holdings of Treasury notes increased $12,000,000. Holdings of United States Government bonds increased $28,000,000 in Hew York City and $8,000,000 at all reporting member banks, and declined $10,000,000 in the Cleveland district. Holdings of obligations guaranteed by the United States Government declined $12,000,000. Holdings of "Other securities" increased $10,000,000. Demand deposits-adjusted increased $106,000,000 in New York City,$55,000,000 in the Chicago district, $27,000,000 in the Kansas City district, $20,000,000 in the San Francisco district, and $257,000,000 at all reporting member banks. Deposits credited to domestic banks declined in nearly all districts, the principal decreases being $92,000,000 in N6w York City, $23,000,000 in the Chicago district, and $20,000,000 in the Kansas City district. The total decrease was $204,000,000. Deposits credited to foreign banks declined $9,000,000. A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended January 10,1940, followst Jan. 10, 1940 ASSET S Loans and Investments - total 23,131 Loans - total 8,646 Commercial, industrial, and agricultural loans 4,363 Open market paper 314 Loans to brokers and dealers in securities 669 Other loans for purchasing or carrying securities 501 Real estate loans 1,187 Loans to banks 51 Other loans 1,561 Treasury bills 649 Treasury notes 1,767 U. S. bonds 6,361 Obligations guaranteed by U. S. Gov't 2,400 Other securities 3,308 Reserve with Federal Reserve banks 9,923 Cash in vault 509 Balances with domestic banks 3,036 L I A B I L I T I E S Demand deposits-adjusted 18,823 Time deposits 5,274 U. S. Government deposits 583 Inter-bank deposits: Domestic banks 7,986 Foreign banks 731 Borrowings Increase or decrease since Jan. 11, Jan. 3, 1940 1939 + 44 - 28 + 10 - 1 -31 - 3 - 1 + 1 - 3 + 54) + 12) + 8) +1,654 + 279 + 545 9 - 195 45 + 18 56 + 21 + 571 + 10 + 92 + 5 -104 - 12 + 685 + 119 +2,552 + 53 + 514 +257 ~ 2 - 3 +2,773 + 97 49 -204 - 9 +1,737 + 211 Form FR—284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System January 11, 1940 For immediate release ASSETS AI3D LIABILITIES .OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (in nillions of dollars) New York City Increase or decrease since Jan. Jan. 3, Jan . 11, 10, 1940 1940 1939 Jan. 10, 1940 Chicago Increase or decrease since Jan. 3, Jan. 11, 1940 1939 A S S E T S + 63 +189 566 + 2 + 40 + 10 + 42 185 382 18 36 14 5 65 14 Loans and Investments - total 8,709 + 6 +1,040 Loans - total 3,028 + 3 + 20 1,693 111 519 + 21 + 312 - 19 — 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 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities Reserve with F. R. banks Cash in vault Balances with domestic banks Other assets - net 176 112 44 373 238 — — — — + - 2 1 IS — A-2 2,245 — — — — - 7 - 1 ~ + — — — — — — 2o 51 557 291 166 709 + 69) — 10) 177 + 704 2,307 - 12) - 2) + 28) + 1,215 1,167 - 18 + 7 + + 5,735 81 79 358 - - 1 1 +1 ,616 + 1 + 20 + 7 — 3 + 4 51 8,407 654 50 +106 - 5 - 1 +1 ,693 + 41 66 3,409 669 - 92 - 3 + 791 4* 212 379 84 - 1 1 - — 2 + 67 ) 2 + 64 + 18 — 2 - 1 - 31 +160 + 8 + 36 - 3 1,790 495 S3 + 42 - 1 +181 + 25 805 - 12 336 932 4-4 255 45 L I A B I L I T I E S Demand deposits-adjusted Time deposits U, 8. Gov't deposits Inter-bank depositss Domestic banks Fbrelgn banks Borrowings Other liabilities CAPITAL ACCOUNTS — — 288 1,485 + 3 - + 0 — — — — 44 5 — 13 247 — — +193 — 2 — — — — — — - 7 Form FR—284-b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES 8® JANUARY 10, 1940 \ -LJlI 111 J 1 1 L U i i t J Total All Boston districts A S S E T S Loans and Investments - total New York 23,131 1,173 W J. VALV» District Reserve Federal San Kansas St. Mme*Cleve-!RichPhilaDallas Francisco Atlanta Chicago Louis apolis City delphia land 1 mond 1,166 1,905 716 634 3,342 716 405 683 547 2,274 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 8,6^6 604 3,387 427 670 261 319 904 338 m 297 283 965 4,363 314 669 290 1,807 117 197 23 24 252 8 21 114 16 3 176 4 5 527 33 43 202 8 5 ISO 3 1 182 17 4 188 2 3 328 19 12 501 1,187 51 1,561 20 2)1 11 31 1 91 75 112 12 52 2 57 8 30 10 27 14 22 48 385 126 199 44 463 25 172 2 190 15 40 1 32 56 1 94 57 $4 173 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities 649 1,767 6,361 2,400 3,308 10 44 347 55 118 294 746 2,517 1,294 1,327 ***** 33 337 100 269 11 188 633 120 283 163 170 58 64 2 30 114 70 99 291 311 1,038 307 491 16 67 104 61 138 15 44 94 54 57 7 66 734 188 314 Reserve with F. R. bank Cash in vault Balances with domestic banks Other assets - net 9,923 209 3,036 483 145 163 458 21 220 101 545 49 340 98 190 24 193 39 124 15 199 45 1,214 80 559 76 190 W 80 5,902 101 205 442 194 17 306 21 139 12 262 29 367 24 275 243 18,823 1,185 5,274 234 15 583 9,048 1,027 70 966 281 54 1,322 736 48 495 198 32 396 186 44 2,604 943 134 478 190 18 339 527 146 24 460 137 33 1,040 1.077 108 3,499 671 422 5 441 1 308 1 289 1,177 9 364 195 418 270 308 22 3 103 3 86 277 351 1,211 64 22 81 526 73 114 3 46 154 71 104 208 13 22 — 29 119 22 44 99 8 15 L I A B I L I T I E S Demand deposits—adjusted Time deposits U. S. Gov't deposits Inter—bank depositst Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 7,986 731 335 20 1 - *, iW 698 3,715 22 243 293 1,607 17 221 13 376 32 96 8 93 ——— 18 386 502 3 1 — . 5 94 • — — 7 59
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