The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Form F . R. 281+ STATEMENT FOR THE PRESS For i m m e d i a t e r e l e a s e Boa'rd 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 6 , 19^-2 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 ended J u l y 1 : I n c r e a s e s of $ 3 0 1 , 0 0 0 , 0 0 0 i n h o l d i n g s of T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s and $ 7 9 0 , 0 0 0 , 0 0 0 i n U n i t e d S t a t e s Government d e p o s i t s , and d e c r e a s e s of $ 2 9 9 # 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 and $144.6,000,000 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 d e c l i n e d $ 1 1 , 0 0 0 , 0 0 0 i n New York C i t y and $ $ 6 , 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 . 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 i n c r e a s e d $ 7 0 , 0 0 0 , 0 0 0 i n New York C i t y and $ 7 1 , 0 0 0 , 0 0 0 atf 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 T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s i n c r e a s 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 i n c r e a s e s b e i n g $ $ 2 ^ , 0 0 0 , 0 0 0 i n New York C i t y and $145>000,000 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 $ 6 3 * 0 0 0 , 0 0 0 • H o l d i n g s of " O t h e r s e c u r i t i e s " d e c l i n e d $54*000,000 i n New York C i t y , $ 2 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 , and $ 9 3 , 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 $ 2 2 9 , 0 0 0 , 0 0 0 i n Now York C i t y , $ 7 ^ , 0 0 0 , 0 0 0 i n t h e Now York D i s t r i c t o u t s i d e of New York C i t y , $ 6 7 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t , and $1*14.6,000,000 a t a l l r e p o r t i n g member b a n k s . U n i t e d S t a t e s Government deposits increased in 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 $Ll6,000,000 i n New York C i t y and $ 1 6 7 , 0 0 0 , 0 0 0 i n t h e Chicago D i s t r i c t , 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 banks d e c l i n e d $23>000,000 i n t h e Chicago 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 . 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 , and of d e b i t s t o demand d e p o s i t a c c o u n t s , f o l l o w s t ( I n m i l l i o n s of d o l l a r s ) July 1, w 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 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 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 e s • Real e s t a t e l o a n s Loans t o banks Other l o a n s Treasury b i l l s Treasury c e r t i f i c a t e s of indebtedness 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 b} U, S . Government 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 Balances with 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 Interbank deposits; D o m e s t i c banks F o r e i g n banks Borrowings D e b i t s t o demand d e p o s i t a c c o u n t s e x c e p t i n t e r b a n k and U, &, G o v ' t a c c o u n t s , d u r i n g c u r r e n t week 32,332 10,740 0,469 341 519 393 1,236 36 1,746 i M 7 i,47i 2,399 10,383 2,032 I n c r e a s e or decrease since July 2, June 2 4 , 1941 1942 +795 + 22 » 36 - 9 + 71 - 3 - 2 + 4 - 3 +4,057 + 287 + 572 30 10 60 - 8 4 173 + 63 +801 + 6 + 367 +1,471 + 14 - 13 +2,454 + 653 3,4io - 98 -1,006 169 9,351 475 3,248 -299 -1,512 - 42 - 91 - 1,459 -446 + 15 +790 +1,553 - 324 + 972 9,048 - 49 + + 25,502 5,095 673 15 11,174 + 8 + 12 - 95 263 224 7 14 Form F. R. 2 8 4 - 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 2 , 19^2 For immediate r e l e a s e CONDITION 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 ) ' . ,A S S E T ! New York C i t y I n c r e a s e or decrease since July 1, June 2 4 , July 2, 1942 w w July 1, 1942 12 ,861. +326 +999 3,141 3,733 + 60 +238 904 2,576 53 1+05 - 11 *312 704 - - 33 16 —— + Chicago I n c r e a s e or decrease since June 2 4 , J u l y 2 , 1942 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 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 loans 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 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 Treasury b i l l s T r e a s u r y c e r t , of i n d e b t . Treasury notes U. S, bonds Obligations guaranteed by U» S. Government Other s e c u r i t i e s 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 d o m e s t i c banks Other a s s e t s - n e t +-::70 + 23 29 - 1 1 + 6 - 24 - 9 la? + • 50 24 1 -'33 hlh + 2$ -196 369 +616 +187 +85$ 181 i a 102 34 ; 2 6l6 1,646 4,ioo +32 h - 11 - 5 1,101 1,249 - 4,276 75 *81 287 2 + + 56 2 ——• 2 5 3 —— - 7 - 11 +103 -: 1 + 8 +181 <*• • * 81 163 1,080 •+ 3 -1,346 - 53 968 - 15 1 - 11 + 2 - 54 - 95 -106 + 86 - 9 - 12 + -r- - -606 4 +473 91 353 13 - + 93 * - ,10 261 - iU - 21 37 -229 -597 - 62 +770 2,399 463 204 *-596 1,067 -+ 14 12 - 48 —w hi + 38 +267 3 - 29 -153 + 2' - 23 - 2 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 Interbank d e p o s i t s ; Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 10,391 666 790 + *3,281 603 % + 14 297 1,541 6 +4l6 8 4 + 14 - 12 + - + 32 2 D e b i t s t o demand d e p o s i t a c c o u n t s , e x c e p t i n t e r b a n k and U« S, G o v t a c c o u n t s , d u r i n g c u r r e n t week . , 4,719 t f i e v i s s d J u l y 6 , 1942 '8 — 17 288 1,071 - 33 + • Z +128 - 24 + 2 -• - 3 + 1 +177 - 36 +104 + 31 + 4 —- + 3 + 14 - A Form F . R. 28i|.-b ASSETS AND LIABILITIES OF WEEKLY REPORTING MMBER ( I n mi H i onK of Total F e d All P h i l a - CleveNew d i s t r i c t s Boston York d e l p h i a l a n d 1 J Z mono. A S S E T S Loans and I n v e s t m e n t s - t o t a l 32,382 Loans - t o t a l Comm11, i n d ' l * and a g r *1 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 & d e a l e r s i n s e e s . Other loans f o r purchasing 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 1 0 ,?Uo Treasury b i l l s T r e a s u r y c e r t , of i n d e b t e d n e s s Treasury notes U. S« bonus 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 lM7 1,1+71 2,899 R e s e r v e w i t h F w R. Banks 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 6,1469 3hi 1,71+6 785 h50 13,957 1+.120 2,727 16 11 182 52 9,351 li-75 3,2^8 1,125 U21 71 165. 1+ ,1+79 102 1+72 21+ 191+ 66 211 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 I n t e r b a n k d e p o s i t s : Domestic b a n k s F o r e i g n banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 25,502 1,565 217 5,095 1 ,1+5 9 32 9,01+8 353 21 673 l 15 29 839 252 3,950 11,292 1,027 D e b i t s t o demand d e p o s i t a c c o u n t s e x c e p t i n t e r b a n k and U . S . G o v ' t a c c o u n t s , d u r i n g c u r r e n t week 11,174 832 3,369 605 1J+ 1,31+0 163 20 1+39 7 —— 1 —— 191 103 250 358 613 —— 1,373 380 56 ll+6 32 1+9 1,165 15 22 8 30 . 190 2,032 3,1+10 8 35 1,370 935 35 33 181+ 10,383 5 16 361+ 205 7 1+ 393 11+7 16 3 11+ 71+ l 135 90 10 60 308 393 62 516 50 138 1,037 1+80 15 8 850 1+28 20 13 526 285 32 25 37 33 50 1+91 63 333 236 3 3 997 61+ 1+33 61+8 1,71+1 4,1+77 377 223 31 3 l+,850 1+09 105 2,71+3 886 13 31+ 512 731+ 958 98 1,236 36 l,7l+6 921+ 18 1+ 539 227 121+ 2 1 2,598 . 519 69 1,1+50 Bjd\iKS IB 101 LEADING CITIES , JULY 1 , 19^2 pilars) * r a 1 R e s e r v e P i s t~r i c t I San Minne-|Kuns as St. ( A t l a n t a jChicago )oli City Dallas T?rar_cisco Lou: . •* ' 58 113 21+0 921+ 136 277 658 56 31+1 33 2 ,01+0 696 .36 51+1 , 2 —— 229 —— - - ~ 3h ~ 79 109 165 72 79 77 5l+ 170 27 1+8 li7 71+ 1+71 1+5 70 1+7 25 63 275 21+ 158 1+7 1+1+ 1+5 76 65 295 1,637 21+3 567 53 39 9.1+ 172 33 113 20 33 121+ l ,389 90 250 112 l'+ 196 21 8 126 665 393 30 91+ 380 203 52 67 1 09 29l+ 28 232 220 13 21+5 hi 267 hi 55 6 hi 70 3,791+ 9l+9 28 639 191 1+1 389 li-2l+ 1,1+62 ll+ 793 201 - - 271 2 —— 302 1,667 ll+ 218 21 1+00 1+5 17 103 100. 5,200 1+88 799 322 279 21+ • H:- 135 33 1+87 105 7 220 1 - - l+l+l 101 1,756 291 • 239 205 32 530 33 332 299 716 135 663 131 1,602 l ,090 26 598 ~ 15 291 1+1+ 339 1 89 1+27 20 - - 65 " 1+ 113 180 311 8 7 .117 981 128 271 16 362 19 - - - - - - 65 169 36 60 5 91+ 235 363 396 700
@FedFRASER