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Form FR-284 STATEMENT FOR THE PRESS Board of Governors of t h e F e d e r a l Reserve System January 2, 19-40 For immediate r e l e a s e 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 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 December 27• Dec r e a s e s of $137,000,000 i n l o a n s 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 , $345,000,000 i n Treasury n o t e s and $203,000,000 i n demand d e p o s i t s - a d j u s t e d , and i n c r e a s e s of $389,000,000 i n h o l d i n g s of United S t a t e s Government bonds and $112,000,000 i n r e s e r v e s with F e d e r a l Reserve 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 d e c l i n e d $8,000,000 i n Hew York City and $6,000,000 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 d e c l i n e d $115,000,000 i n Hew York City and $137,000,000 a t a l l r e p o r t i n g member banks. Loans t o banks d e c l i n e d $22,000,000 i n Hew York C i t y , Holdings of Treasury b i l l s d e c l i n e d $133,000,000 i n lie*:; Yor:c City and $58,000,000 a t fil 1 r e p o r t i n g member banks, and i n c r e a s e d $78,000,000 i n t h e Chicago d i s t r i c t . Holdings of United S t a t e s Treasury notes d e c l i n e d i n a l l d i s t r i c t s , t h e p r i n c i p a l d e c r e a s e s b e i n g $121,000,000 i n Hew York C i t y , $6-4,00u,000 i n yhe Chicago d i s t r i c t , $62,000,000 i n t h e Richmond d i s t r i c t , and $20,000,000 each i n t h e Cleveland and San F r a n c i s c o d i s t r i c t s # Holdings of United S t a t e s Government^bonds i n creased i n 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 s being $93,000,000 i n Hew York C i t y , $83,000,000 i n t h e Chicago d i s t r i c t , and $70,000,000 i n t n e Richmond d i s t r i c t , Holdings of "Other s e c u r i t i e s " - decreased $17,006,000 i n Hew icrlc C i t y and $27,000,000 a t a l l r e p o r t i n g member banks. Demand deposits—adjusted d e c l i n e d $57,000,000 i n Hew York C i t y , $62,000,000 i n t h e Hew York d i s t r i c t o u t s i d e Hew York C i t y , $4-5,000,000 i n t h e Chicago d i s t r i c t and $203,000,000 a t a l l r e p o r t i n g member banks, and i n c r e a s e d $22,000,000 i n t h e P h i l a d e l p h i a d i s t r i c t . Time d e p o s i t s i n c r e a s e d $19,000,000. Deposits c r e d i t e d t o domestic banks showed l i t t l e change f o r t h e week. Dep o s i t s c r e d i t e d t o f o r e i g n banks d e c l i n e d $10,000,000. Weekly r e p o r t i n g member banks r e p o r t e d no borrowings on Decemoer 27. 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 t h e week and t h e year ended Deceiuoer 27, 1939, follows' ( 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 Dec. 20, ASSETS Loans and I n v e s t m e n t s - t o t a l 23,260 Loans - t o t a l 8,758 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 4,4-00 Open market paper _ 322 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 715 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 506 Real e s t a t e l o a n s 1,189 Loans t o banks 43 Other l o a n s 1*583 -205 —174 — 6 +1,611 + 328 + 557 — -137 - 4 f2i 6 + + 133 54 20 72 16 + 482 + + 682 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 595 1>765 6,388 2,4l4 3>340 - 58) -345) +389) + 10 - 27 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 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 : Domestic banks Foreign banks Borrowings 9,689 544 3,06l +112 + 3 +2,632 + 55 + 651 18,720 5,274 582 -203 + 19 +2,734 + 114 55 7,977 736 - 20 - 2 - 1 - 10 —• 1 119 +1,916 + 217 1 Form FR—284 STATEMENT FOR THE PRESS Board of Governors of t h e F e d e r a l R e s e r v e System December 2 8 , 1939 For immediate r e l e a s e ASSETS AND LIABILITIES 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 ) New York C i t y Increase or decrease since Dec. 2 7 , Dec. 20, Dec . 2 8 , 1938 1939 1939 Dec. 27, 1939 Chicago I n c r e a s e or decrease since Dec. 2 0 , Dec. 28, 1938 1939 A S S E T S 2,113 + 50 + 127 43 577 - 24 + 48 312 18 130 3 85 19 42 - 5 + 1 - 18 + + + 46 3 2 20 7 59 35 66 14 —— *- —— + Loans and I n v e s t m e n t s - t o t a l 8,840 -316 +1,039 Loans - t o t a l 3,059 -145 + 1,689 114 551 - + —— — -115 — 179 112 35 1 379 - 1 - 22 + 1 — Commercial, i n d u s t r i a l , and agricultural 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 o r 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 8 - — — 51 - 2 + 546 136 177 705 + 79) - 26) + 23) + 7 - 17 + 371 79 177 341 + - 5,507 891 81 358 4-266 — 4 — +1,596 + 19 + 8 102 8,321 6 55• 49> - 57. 4- A - 1 +1,551 + 54 73. 3,399 ' 67C, - 2 9 + + 879 215 6 3 — 57 11 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. G o v ' t Other s e c u r i t i e s 365: 716 2,291 -133) -121) + 93) 1,231 1 , 1 7 8; R e s e r v e w i t h F. R. banks Cash i n v a u l t Balances w i t h d o m e s t i c banks Other a s s e t s - n e t - 8 4- 2 2 3 — 2 4 + + 64 15 1,089 48 265 45 -123 + 1 + 229 7 46 4 1,808 506 83 4- + 6 + + 1 — - 63 + 3 + + —— — 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 Inter-bank depositsl Domestic b a n k s Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS — 301 1,480 — + - 890 9 157 35 1 + 7 1 + 228 1 - 1 + 2 — 2 11 —— - 17 247 Form FR—284—b A S S E T S Loans and I n v e s t m e n t s - t o t a l ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IK 101 LEADING CITIES ON DECB.iRER 27, 1939 ( I n m i l l i o n s of d o l l a r s ) District Reserve Federal Total San Kansas | D a ] l a s S t . P h i l a - Cleve- R i c h - A t l a n t a Chicago New aii Boston F r a ncisco C i t y | a p o l i s Louis mond d e l p h i a land York districts 732 • 636 3,210 724 406 694 559 2,292 682 265 322 914 345 192 299 289 980 199 24 24 257 8 21 117 16 q 176 4 5 530 34 47 207 9 5 102 3 1 185 18 3 194 2 3 330 21 18 32 56 1 95 25 173 3 195 15 40 76 112 10 10 27 14 23 48 385 115 13 51 2 58 7 74 11 32 1 93 69 56 53 178 365 761 2,504 1,319 1,343 33 334 99 276 10 181 642 120 284 3 143 199 56 66 2 29 113 70 100 138 322 1,031 308 497 2 43 158 72 104 30 118 23 43 26 66 112 58 133 25 44 94 49 58 7 66 734 185 320 430 148 161 82 5,630 111 216 434 430 22 236 102 530 54 339 100 187 25 185 38 128 16 201 46 1,379 88 569 76 195 14 190 23 101 119 17 193 18 307 22 137 13 261 29 349 27 277 237 18,720 5,274 582 1,165 234 14 8,939 1,029 69 974 278 54 1,324 734 47 490 197 33 404 187 45 2,633 951 134 477 190 305 119 2 528 144 24 460 137 34 1,021 1,074 108 7,977 736 318 23 3,485 671 411 5 446 1 314 1 286 1 1,186 10 361 156 1 . 432 759 3,712 23 246 308 1,603 20 221 16 374 34 98 10 94 22 386 8 60 3 103 1,919 23,260 1,202 9,713 Loans - t o t a l Commercial, i n d u s t r i a l , and agricultural loans Open market 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 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 l o a n s 8,758 618 3,421 431 4,400 322 715 298 63 27 1,805 120 558 506 1,189 43 1,583 20 81 1 128 235 199 35 469 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 . G o v ' t Other s e c u r i t i e s 595 1,765 6,388 2,414 3,340 17 47 349 55 116 Reserve w i t h F. R. bank Cash i n v a u l t B a l a n c e s w i t h domestic banks Other a s s e t s - n e t 9,689 544 3,061 1,206 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 Inter-bank deposits: 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 —— 18 6 94 8 — 1 306 22 4 87 305 346 276
@FedFRASER