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S7X Fbr immediate release ju. BBic&ii- r \ m * i w w w w Board of Governors of the Federal Reserve System June 1-4, 1937 Condition of Weekly Reporting Member Banks in 101 Leading Cities The condition statement of weekly reporting member banks in 101 leading cities shows the following changes for the week ended June 91 An increase of $76,000,000 in loans; a decrease of $29,000,000 in holdings of United States Government direct obligations and an increase of #10,000,000 in holdings of obligations fully guaranrteed by the United States Government; an increase of $232,000,000 in demand depositsadjusted, decreases of $39,000,000 in Government deposits and #100,000,000 in deposits credited to domestic banks, and an increase of $19,000,000 in deposits^ credited to foreign banks; and an increase of $89,000,000 in reserve balances with Federal Reserve banks. Commercial, industrial, andsgdcultural loans increased $22,000,000 in the New York district, $13,000,000 in the Boston district and $22,000,000 at all reporting member banks. Loans to brokers and dealers in securities increased $29,000,000 in the New York district and $36,000,000 at all reporting member banks. Real estate loans increased $5,000,000. Loans to banks increased $7,000,000 in the New York district, declined $5,000,000 in the Chicago district, and showed no net change at all reporting member banks. "Other loans" increased $10,000,000 in the San Francisco district and $16,000,000 at all reporting member banks. Holdings of United States Government direct obligations declined $26,000,000 in the Chicago district and $29,000,000 at all reporting member banks. Holdings of obligations fully guaranteed by the United States Government increased $14,000,000 in the New York district and $10,000,000 at all reporting member banks. Holdings of "Other securities" declined $1,000,000. Demand deposits-adjusted increased in nearly all districts, the principal increases being $129,000,000 in the New York district, $29,000,000 in the Chicago district and $28,000,000 in the St, Louis district, and the total increase being $232,000,000. Government deposits declined $20,000,000 in the New York district and $39,000,000 at ail reporting member banks, deposits credited to domestic banks decreased $38,000,000 in the New York district, $27,000,000 in the St. Louis district and $100,000,000 at all reporting member banks. Deposits credited to foreign banks increased $19,000,000 in the New York district. Borrowings of weekly reporting member banks aggregated $16,000,000 on June 9, an increase of $3,000,000 for the week. A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended June 9, 1937, follows t (in millions of dollars) Increase or decrease since — June 9, June 2, June 10, 1936 1937 ASSETS Loans and investments stments - total 22,21-4 +56 +51 Loans - total +1,070 9,647 +76 Commercial,industrial, and agricultural loans I * On securities 563 —8** * Otherwise secured and unsecured 3,719 +30** * Open market paper 481 -2 +44 Loans to brokers and dealers in securities 1,369 +36 * Other loans for purchasing or carrying securities 719 -1 Real estate loans 1,166 +5 +18 Loans to banks 123 — +16 * Other loans 1 On securities 718 +3 * Otherwise secured and unsecured 789 +13 U. S. Government direct obligations 8,258 -29 -717 Obligations fully guaranteed by U. S. Gov't 1,166 +10 -137 Other securities 3,l43 -1 -165 Reserve with Federal Reserve banks 5,367 +89 +623 Cash in vault 337 +8 -49 -608 Balances with domestic banks 1,751 -15 LIABILITIES Demand deposits-adjusted 15,506 +232 +829 Time deposits 5,233 +2 +200 U. S. Government deposits 103 —39 -639 Inter-bank deposits I Domestic banks 5,039 -100 -594 Foreign banks 579 +19 +119 Borrowings 16 +3 +16 http://fraser.stlouisfed.org/ ^Comparable figures not available. Federal Reserve % %.TiynBank A Oof St. fSLouis cmr»05 a or! STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System June 10, 1937 For immediate release ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IH CENTRAL RESERVE CITIES (In millions of dollars) Chicago New York City 19 3 6 1 9 3 7 1 9 3 6 19 3 7 June 10 June 9 June 2 June 10 June 9 June 2 ASSETS 1,903 1,958 1,989 Loans and investments - total 8,474 8,392 8,917 Loans - total 3,921 3,856 3,427 652 657 227 1,456 162 1,168 227 1,433 160 1,140 * * * 33 395 29 42 32 395 29 43 278 131 81 280 129 74 * 82 14 8 * 133 74 81 14 3 248 170 246 167 * * 22 33 22 32 * * U. S. Gov't obligations Obligations fully guaranteed by U. S. Gov't Other securities 3,062 3,060 3,814 916 942 996 441 1,050 428 1,048 563 1,113 95 295 95 295 94 292 Reserve with F. E. bank Cash in vault Balances with domestic banks Other assets — net 2,498 51 62 481 2,440 64 70 480 2,335 52 74 510 653 29 153 64 596 26 166 64 696 38 207 74 1,519 1,498 451 450 71 74 1,472 489 101 551 7 55 4 7 592 • 5 20 238 20 238 29 230 Commercial, industrial, and agricultural loans* On securities Otherwise secured & unsecured Open market paper Loans to brokers and dealers Other loans for purchasing. or carrying securities Real estate loans Loans to banks Other loansi On securities Otherwise secured & unsecured 1,115 521 * * * 52 15 6 L I A B I L I T I E S Demand deposits - adjusted Time deposits U. S. Gov't deposits Inter-bank deposits* Domestic banks Foreign banks ^Borrowings Other liabilities Capital account 6,501 724 4 6,359 6,387 550 727 194 23 1,896 1,933 518 537 14 413 1,477 9 399 1,478 2,408 429 i 448 1,472 ^Comparable figures not available. (B-804a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS III 101 LEADING CITIES OH JUNE 9, 1937 E-804b (In millions of dollars) — — — Federal Reserve Districts Total San Minne- Kansas Dallas Phila- Cleve- Rich- Atlanta Chicago St. All Boston New delphia land mond Francisco City Louis apolis York districts ASSETS 22,214 1,299 9,374 1,165 1,884 Loans and investments - total 699 457 704 •4,362 9,647 Loans - total Commercial, industrialy* and agricultural loans* 40 43 240 38 563 On securities 228 156 262 1,564 3,719 Otherwise secured & unsecured 17 26 182 111 481 Open market paper 18 27 1,181 4l 1,369 Loans to brokers and dealers in securities Other loans for purchasing or 39 39 359 37 719 carrying securities 182 61 240 83 1,166 Real estate loans 4 81 3 6 123 Loans to banks Other loans* 122 46 281 63 718 On securities * 49 56 234 63 789 Otherwise secured & unsecured 857 332 3,301 423 8,258 U.S. Gov't obligations 60 94 481 1,166 23 Obligations fully guaranteed by U.S.Govt. 268 282 1,230 149 3,143 Other securities 332 250 253 2,616 5,367 Reserve with F. R. bank 40 18 68 54 337 Gash in vault 158 160 135 93 1,751 Balances with domestic banks 109 90 91 553 1,338 Other assets - net LIABILITIES 1,098 836 ,013 7,083 15,506 Demand deposits - adjusted 722 282 1,125 279 5,233 Time deposits 103 u". S. Gov't deposits Inter-bank deposits * 332 283 213 1,963 5,039 Domestic banks 1 4 10 539 579 foreign banks 15 1 16 Borrowings 1 22 25 •427 36 928 Other liabilities 3 46 228 1,613 237 3,603 Capital account 620 242 552 272 3,013 974 632 284 382 166 686 253 476 2l4 2,131 1,020 14 90 12 4 12 m 6 7 50 534 50 •50 43 121 11 6 10 74 8 2 17 136 20 4 15 116 3 3 4l 307 35 26 21 28 2 17 27 5 96 80 7 13 45 8 9 6 1 15 19 1 15 21 1 59 374 4 29 42 270 38 70 135 20 134 42 22 45 171 31 78 104 12 94 40 46 61 1,434 173 432 867 65 301 97 12 25 198 49 101 l4l 11 86 24 9 47 160 12 44 78 6 78 17 l4 27 251 47 135 164 13 187 23 9 31 183 28 51 110 ID 150 28 65 109 678 130 303 317 20 175 224 433 201 335 179 2 2,266 860 74 380 183 1 263 121 2 488 145 2 390 121 4 921 1,015 8 197 — 189 1 751 8 235 114 1 344 172 1 246 14 27 92 8 88 26 358 9 86 6 80 334 329 5 55 — 3 91
@FedFRASER