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Form F . R. 26k

STATEMENT FOR TEE PRESS

F o r immediate r e l e a s e

Board o f 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 7 , 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 b a n k s 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 2 :
Increases
of # 7 0 , 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 , $ 7 5 * 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 v22l|.,000,000 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 d e c r e a s e s of # 9 7 , 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 and
#72,000,000 in "Other s e c u r i t i e s " #
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 ^ 3 3 , 0 0 0 , 0 0 0 i n
Hew York C i t y , $ 1 6 , 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 , 0 9 , 0 0 0 , 0 0 0 i n t h e San F r a n c i s c o
d i s t r i c t and $ 7 0 , 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 i n c r e a s e d v 3 3 , 0 0 0 , 0 0 0 i n New York C i t y and vlj.1,000,000 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 T r e a s u r y b i l l s i n c r e a s e d § 3 1 , 0 0 0 , 0 0 0 i n New York C i t y , and
d e c l i n e d $ 5 6 , 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 v l 8 , 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 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 $ 2 3 , 0 0 0 , 0 0 0 i n
New York C i t y , and d e c l i n e d § 2 9 , 0 0 0 , 0 0 0 i n t h e Richmond d i s t r i c t 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 " d e c l i n e d § 5 8 , 0 0 0 , 0 0 0
i n Hew York C i t y and s?72,000,000 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 $ 7 0 , 0 0 0 , 0 0 0 i n t h e How York d i s t r i c t
o u t s i d e Hew York C i t y , $ 3 6 , 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 $ 9 7 , 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 banks i n c r e a s e d s u b s t a n t i a l l y i n n e a r l y
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 5 6 3 , 0 0 0 , 0 0 0 i n Hew York C i t y ,
0 3 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 , v21>000,000 i n t h e St# L o u i s d i s t r i c t and
320,000,000 in the Philadelphia d i s t r i c t .
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 2 , 194%, 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 )

Increase or decrease
July.

AS S E i r i r

2,
J9Ul___

since
June 25,
J u l y 3,

I9l+l__

19I+O

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

2°, 325

+ i|6

+

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
5,895
377
528
1+58
1,214+

+129
+ 70
+ 5
+ l+i

+1,991
+1,1+57
+ 76
+ 1U8
13
+ 1+5

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 TJ# 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
Balances w i t h domestic banks
L I

1,911

1,080
2,2ij6
7,929
3,058
3,579

6

- 2
+ 2
+ 7

+

278

- 18
+ 10
- 11

+ 323
+ 183
+1,51+7
+ 633
+ 62

10,063
570
3,516

+

-

23,91+9
5,1+19
1+67

- 97
+ 9

+ 8
- 72
75
- 26
+ 77

+
+

773

92
239

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




ho

+

l+,739

9,272
666

+

5

+221+
- 5

+3*1+39
+ 88
1+9
+ 695
19

Form F. B. 28-4-a
STATEMENT FOR THE PRESS
Board of Governors
of t h e F e d e r a l Reserve System
J u l y 3? 194-1

For imr.ediate 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 )

New York C i t y
Increase or
decrease s i n c e
July
July 3j
June 25,
2
1940
1941
194-1

July
2
1941

Chicago
Increase or
decrease since
July 3j
June 251
1940
1941

ASSETS
Loans and I n v e s t m e n t s - t o t a l 11,865

+

53

+2,592

3,500

+

67

+

2,261+
91
302

+

33
3
33

4-

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 n a r k e t paper
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

168
111
32
U52

-

+
4*

-

+
4*

1+
3
2
1

-

t
+

-

+

732

81+8

+ 23

+21+7

552
5
120

6l6
25
1+0

+ 15
+ l
+ 7

+185
+ 8
+ 16

2
11
1
75

55
21

—•

+

- -

—

91

2I+1
W+
703

361
125
813

- 56
- 2
+ 1

+ 58

Ul7
55

139
382

-

1

- -

+ 5
+ 58
- 21+
- 1
+ 30
. - 3

+

1,707
1,3141+

-

Reserve vritli F. R. Bank
Cash i n v a u l t
Balances vzitii domestic banks
Other a s s e t s - n e t

5,622
128
91
308

+
5
-• 1+
- 5
- 1

1,099
1+5
49
15

1,121
1+1
281+ "
39

+ 33
- l
+ 17
+ 1

10,988
728
20

+

+1,1+25
445
20

2,222

+

3,877
603

+

95
27

1,036
8

+

-

+

9
58

4-

4-

+

4-

+

6
3

+ la

"

610
1,1+59
3,21+5

31
1
23

+1+12

- 35

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 guaranteed, by
U. S. Gov't
Other s e c u r i t i e s

-

.

2,668

- 3k
+ 96

L I A B I L I T I E S
Denand d e p o s i t s - a d j u s t e d
Tine d e p o s i t s
U. S.Gov't d e p o s i t s
Interbank deposits 1
Domestic banks
Foreign banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS




+
+

•»

2
5
l
63
6

4-

-

I+99

100

mm mm

289
1,509

"

13
1+

4-

8
22

il+
27I+

8
6

+315
- 10
+ 17

+ 18
--

+ 73

•w mm

mm wm

——

+

2
l

—*

+ 1
+ 18

Form F* R. 28Uwb
ASSETS Am LIABILITIES OF REPORTING MEMBER BANFS IN 101 LEADING CITIES ON JULY 2 , I9I4I
'
( In m i l l i o n s of d o l l a r s )
District
Federal
Reserve
Total,
P h i l a - Clove- RichNew
All
S t . J 1* i n n - | Kansas
San
1
Dallas Francis
d i s t r i c t s Boston
mond iA t l a n t a phicr.go Louis j e a p o l i s j C i t y
York d e l p h i a jland
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 m a r k e t 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 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
Ue 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 . 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# Se G o v ' t d e p o s i t s
Interbank 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



1,305 2,186

28,525

1,384

12,828

io,i+53

745

3,902

5146

855

5,895
377

4oo
81
i4

2,411
106
387

290

1+02

16

215

32
51

528

1+58
1,21+4
l+o
l,9H
1,080
2,2l|6
7,929
3,038

39
377
68

3,579

134

1,009
1,481

10,863

553
66

81
4
149
21

195
32

605

2,463

315

3.82

1,313

4o4

225

366

318

1,082

147

197
5
7

847
49
49

231
20

111
3
2

215
25
4

211
3

433

67

13
60
1

6
14

11
32
1

13

4

20

i4
49

182

1
220

mmmm

159

5,803

507

774

380

229
77

49
3 P3
67

1,136

1,742

11,754
1,095

487

9,272
666

395
22

3,974
605

25
248

769

253

1,418
230
14

757
3,872

1+44

261

3,501

23,949

l

833

7
178
734

1,501

ll+9
201

1

——

13
17

4,o4o

88
2
64
207

556
634

570
3,516
1,149

5,419

38
28

718

750

152
2I+1

Ij6

——

295
1,635

107
—

25

391
82
24

261
16

488
6

745

44

535

1

mm mm

17
218

136

125

165

7

362

75
1

331
579

35
208
72
113

93
69

45
107
61
116

218
1,237

292

188

1,527
81
633

261

72

191
22

25

292

4o

641+

14
252
50

13

——

43
59

34i

105
7
132
15

207
17

153
12
317
30

493
27
331
290

593
13

553
137
37

1,328
1,102
80

1+66

295

1

372
19

4
90

309
394

375

367

1,391
9

434

180

38
101

13
98

19

1428

7
97

mm

814

339

mm mm

mmmm

120

570
192
20

— •»

39
385

110
110
134

3
19
123
35
39

3,369
1,001
136

2

i4

23

195
1

503
192
47

mmmm

78
9
4o

21
9

5

64
33.

89

209
32

mm mm

20
• 392

11

36
1

4

112
2

1

mmmm

7

62

314
20

il+3

32

•»—»
mmmm

3

109

50

175

* * mm