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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