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Form F . R. 28Z+

STATEMENT FOR THE PRESS

For immediate r e l e a s e

Board of G o v e r n o r s
of t h e F e d e r a l R e s e r v e System
J u l y lb, 19Ul

C o n d i t i o n of Weekly R e p o r t i n g Member Banks i n L e a d i n g 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 w e e k l y 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 c h a n g e s f o r t h e week e n d e d J u l y 9 ;
Increases
of $ 3 7 * 0 0 0 , 0 0 0 i n c o m m 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 l o a n s , $ 1 7 ^ , 0 0 0 , 0 0 0 i n
h o l d i n g s of o b l i g a t i o n s g u a r a n t e e d by t h e U n i t e d S t a t e s Government, and d e c r e a s e s
of $ 1 9 8 , 0 0 0 , 0 0 0 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 R e s e r v e Banks, $ 8 8 , 0 0 0 , 0 0 0 i n d e p o s i t s c r e d i t e d t o d o m e s t i c b a n k s , and $ 2 9 , 0 0 0 , 0 0 0 i n demand d e p o s i t s - a d j u s t e d #
C o m m 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 l o a n s i n c r e a s e d $ 1 ^ , 0 0 0 , 0 0 0 i n
New York C i t y , $ 8 , 0 0 0 , 0 0 0 i n t h e C h i c a g o d i s t r i c t , and $ 3 7 # 0 0 0 , 0 0 0 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 d e c r e a s e d $ 1 3 , 0 0 0 , 0 0 0 i n
New York C i t y and $ 2 5 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member b a n k s •
H o l d i n g s of o b l i g a t i o n s g u a r a n t e e d by t h e U n i t e d S t a t e s Government i n creased s u b s t a n t i a l l y in n e a r l y a l l d i s t r i c t s , the p r i n c i p a l i n c r e a s e s being
$ 9 6 , 0 0 0 , 0 0 0 i n New York C i t y , $ 1 ^ , 0 0 0 , 0 0 0 i n t h e C l e v e l a n d d i s t r i c t and $ 1 2 , 0 0 0 , 0 0 0
i n t h e Chicago d i s t r i c t •
H o l d i n g s of T r e a s u r y b i l l s i n c r e a s e d $ 7 , 0 0 0 , 0 0 0 i n t h e
C h i c a g o d i s t r i c t , and d e c l i n e d $ 5 , 0 0 0 , 0 0 0 i n t h e C l e v e l a n d d i s t r i c t and $ 9 # 0 0 0 , 0 0 0
a t a l l r e p o r t i n g member b a n k s • H o l d i n g s of U n i t e d S t a t e s Government b o n d s i n c r e a s e d
$ 8 , 0 0 0 , 0 0 0 i n t h e A t l a n t a d i s t r i c t , $ 7 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t o u t s i d e of
New York C i t y and $ 1 1 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member banks# H o l d i n g s of " O t h e r
s e c u r i t i e s * 1 d e c l i n e d vi*.,000,000 i n New York C i t y , $ 6 , 0 0 0 , 0 0 0 i n t h e B o s t o n d i s t r i c t
and $ 2 2 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member banks#
Demand d e p o s i t s - a d j u s t e d d e c l i n e d $ 6 3 , 0 0 0 , 0 0 0 i n New York C i t y ,
$ 1 8 , 0 0 0 , 0 0 0 i n t h e . New York d i s t r i c t o u t s i d e of New York C i t y , i n c r e a s e d $ 2 0 , 0 0 0 , 0 0 0
i n t h e C h i c a g o d i s t r i c t and ^ 1 5 , 0 0 0 , 0 0 0 i n t h e Boston d i s t r i c t , and showed a n e t
d e c r e a s e of $ 2 9 , 0 0 0 , 0 0 0 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 domestic
b a n k s d e c l i n e d $ 3 9 # 0 0 0 , 0 0 0 i n New York C i t y , $ 2 2 , 0 0 0 , 0 0 0 i n t h e C h i c a g o d i s t r i c t ,
$ 2 0 , 0 0 0 , 0 0 0 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 and $ 8 8 , 0 0 0 , 0 0 0 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
b a n k s , t o g e t h e r w i t h c h a n g e s f o r t h e week and t h e y e a r ended J u l y 9 , I 9 I 4 J L , 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 )

2

July

9#

191+1

Increase or decrease
since
July 2,
J u l y 10,
1941
1940

A S S E T S
Loans - t o t a l
C o m m 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 l o a n s
Open m a r k e t p a p e r
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
O t h e r 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 b a n k s
Other loans

10,453
5,935
374
503

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
R e s e r v e w i t h F e d e r a l R e s e r v e Banks
Cash i n v a u l t
B a l a n c e s w i t h d o m e s t i c banks

446

1,253
4i
1 , 9 0 1
1 , 0 7 1
2,248
7,94c
3,212
3,557

156
•M —

+
+
-

+
-

+
+
-

1 0 , 6 6 5
597
3,412

+

23,920
5,425
489

+

—

37*
3*
25
7*
4*
l
13*

+4,798
+1,992
+1,488
+
77
+ 126
25
+
53
+
5
&
CO

28,481

4-

Loans and I n v e s t m e n t s - t o t a l

9
•:2
11
174
2 2

+
298
+
178
+1,557
+ 796
23

1 9 8
2 7
io4

+
+

995
85
204

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
Ue S. Government d e p o s i t s
Interbank d e p o s i t s :
Domestic b a n k s
F o r e i g n banks
Borrowings

http://fraser.stlouisfed.org/
*July 2
Federal Reserve Bank of St. Louis

f i g u r e s r e v i s e d , Chicago d i s t r i c t .

9,184
662
2

+

2 9
6
2

+3,096
+
104
+
29

88
4
1

+
+

734
9
?

Form F. R. 28l;-a
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
J u l y 10, I9I4I

For immediate r e l e a s e

CONDITION OF TEE.rLY REP0'"TING FETBEP. BANKS IN CENTRAL RESL^VE 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
I n c r e a s e or
July
decrease since
J u l y 2,
J u l y 10,
9,
19Ul
1940
1941

July
9,
1 9l a

Chicago
I n c r e a s e or
decrease since
July 2,
J u l y 10,
19lA
1940

A S S 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 market paper
Loans t o brokers 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

+ 65

+2,551

5,492

-

+

728

2 , 2 7 8
89
3 6 9

+ 14
2
- 13

+

11,930

165
112
29
450

8

+
-

+

+ 17

+451

851

+

3

+ 2 5 2

564
2
ic4

627
2 5
35

+

.8*

-

5

+197
+ 7
+ 11

1
1 0

54
21

-

1

+

1*

+ 4o

2,685

3
1
3
2

+

73

89

+•

6
3

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« G o v f t
Other s e c u r i t i e s

607
i,Wi
5,2li4

- •3
- 15
- 1

+
+
+

196
421
701

5 6 8
125
815

+

7

86
- 34
+ 98

1,603
i,54o

+ 96
4

+ 516
11

147
381

+
-

8
1

+ 13
+ 36

Reserve w i t h F. R. Bank
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
net

5,^65
126
89
3 1 0

-157
2
2
+
2

-1,254
+
43
+
9
15

1,114
4 4
2 7 0
4 o

- 7
+ 3
- 14
+ 1

- 52
+ 1
+ 21
- 3

1 0 , 9 2 5
743
20

- 63
+ 15

+1,149
+
62
9

2 , 2 4 0
497
1 0 0

+ 18
2

+518
- 11
+ 2 5

3,838
599

- 39
4

+

158

-

17

1 , 0 1 9
8

- 17

+ 65
+
1

284
1,511

+

+

11
22

" 1 4
2 7 5

L I A B I L I T

IE

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 e S. Gov T t 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
0 the r 1 i n b i 1 i t i e s
CAPITAL ACCOUNTS

S

•July 2 figures revised.




+

5
2

+

1

+ l
+ 19

ASSETS AMD LIABILITIES OF WEEKLY REPORTING I EI1 ELF P'FKS II' 101 LEADING CITIES ON JULY 9* l ? 4 l
( i n m i l l i o n s of tiollc r s )
Total,
All
d i s t r i c t s Boston
A S S 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 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 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 l o a n s
Treasury b i l l s
Treasury notes
S #"«- bond«s
O b l i g a t i o n s g ua ra nteed by U . S . G o v ' 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
B a l a n c e s w i t h d o m e s t i c banks
Other a s s e t s - n e t
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 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



New
York

Philadelphia

Federal
Cleva- Richmond
land

Reserve

District
St.
M i n n - "Kansas
San
A t l a n t a Chicago
Louis e a p o l i s C i t y D a l l a s Francis

28,1+81

1,386

12,900

1,313

2,192

765

730

4,061

838

448

772

608

2,468

io,453

749

3,895

550

852

312

378

1,316

403

2 2 7

367

319

i,o&5

5,935
374
503

U 0 3
83
13

2,426
103
374

295 *
39
26

4 0 1
14
1 5

146
13

193
6
6

858

232
20

1 1 5
3
2

2 1 5
26
4

212
3
2

• 439
2 0
1 0

13
50

13
6 0
1
73

6
i4

39
3 8 5

87

11
33
1
77

i4
2 3

87

11
37
2
123

6 1
i4i

1 0 8

19
182
1
220

65

192

3

41+
44

4

"

16
81
7
1I46

212
196
29
555

1 , 0 7 1
2,248
7,940
3,212
3,557

19
39
377

128

627
1,48-5
3,507
1,911
1,475

25
390
88
260

2
182
730
173
253

2
79
204
1 0 1
67

8
47
1 1 5
68
114

369
218
1 , 2 3 8
343
577

l
34
2 1 0
78
112

3
19
123
37
39

7
4o
111
1 1 4
133

. 32
32
120
46
59

1
48
315
179
340

1 0 , 6 6 5
597
3,412
1,158

557
152
202
67

5 , 6 2 1
152
233
384

502
25
207
78

759
53
375
87

289
28
285
38

18-4
17
245
51

1,524
86
6 0 9
71

251
15
190
21

1 0 9
8
128
15

2 0 7
19
314
2 0

1 5 5
14
3 0 9
3 0

507
28
315
2 9 6

23,920
5,425
489

1,4-33
2 5 0
l4

1 1 , 6 7 3
1 , 1 1 0
46

i,i4i
2 6 1
16

1,739
744

644

505
192
46

3,389
1,000
136

567
193
21

343
112
2

598
143
13

558
135
37

1,330
1,096
82

9,184
662
2
755
3,876

391
23
1

3,932
6 0 1
l
2 9 0
1,637

468
5

380

370
2

1 , 3 6 9
9

431

1 8 1
1

466

2 9 0
1

379
19

446
1,253

hi

1,901

Ih

2h

2 48

31
51

——

16
218

44

527
1
— ~

19
3 9 2

2 0 9
32

——
——

38
102

mm mm

168

——

i4
98

——
mm mm

2 0
428

6
97

** mm

——

7
62

——
——

3
1 0 9

——

4
91

314
394