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Form F. R. 284 STATEMENT FOR THE PRESS For immediate release Board of Governors of the Federal Reserve System June 16, 1941 Condition of Weekly Reporting Mesfber Banks in Leading Cities The condition statement of weekly reporting member banks in 101 leading cities shows the following principal changes for the week ended June 111 Increases of $58,000,000 in commercial, industrial, and agricultural loans, $80,000,000 in holdings of United States Treasury bills, £64,000,000 in reserve balances with Federal Reserve Banks, and $183,000,000 in demand deposits-adjusted-, and a decrease of $67,000,000 in deposits credited to domestic banks. Commercial, industrial, and agricultural loans increased $28,000,000 in New York City, $12,000,000 in the Chicago district, and $58,000,000 at all reporting member banks. Loans to brokers and dealers in securities decreased $18,000,000* Holdings of Treasury tolls increased $93,000,000 in the Chicago district and $80,000,000 at all reporting member banks. Holdings of United States Government bonds decreased $70,000,000 in New York City and $44,000,000 at all reporting menbei banks. Holdings of "Other securities" decreased $19,000,000 in the Chicago district and $32,000,000 at all reporting member banks. Demand deposits-adjusted increased $35,000,000 in the St. Louis district, $27,000,000 in the Chicago district, $24,000,000 in the Cleveland district, and $22,000,000 each in the Kansas City crnd Son Francisco districts. The total increase at all reporting member banks was $183,000,000* Deposits credited to domestic banks decreased $38,000,000 in the St. Louis district and $67,000,000 at all reporting member banks. Deposits credited to foreign banks increased $18,000,000. A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended June 11, 1941, follows: (In millions of dollars) Increase or decrease since June June 4, I June 12, 11 1941 1 1940 1941 ASSETS Loans and Investments - total 28,131 Loans - total 10,238 Commercial, industrial, and agriculturalloans 5,764 Open market paper 373 Loans to brokers and dealers in securities 478 Other loans for purchasing or carrying securities 447 Real estate loans 1,241 Loans to banks 40 Other loans 1,895 Treasury bills 1,030 Treasury notes 2,235 U. S. bonds 7,931 Obligations guaranteed by U. S. Gov't 3,037 Other securities 3,660 + + + + Reserve with Federal Reserve Banks Cash in vault Balances with domestic banks 11,046, 596 3,465 LIABILITIES Demand deposits-adjusted Time deposits U. S. Government deposits Interbank deposits: Domestic banks Foreign banks Borrowings - + + + + + + - + 70 55 58 7 18 3 1 1 3 * 80 4 44 7 32 +4,470 +1,769 +1,387 + 56 + 34 25 + 43 2 + 276 + 280 + 302 +1,400 + 637 + 64 + 31 46 + + 383 89 210 24,071 5,408 478 +183 8 1 +3,456 + 97 - 104 9,169 667 1 67 + 18 + 720 20 + 1 — - - - - + 82 Form F. R. 284-a STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System June 12, 19-41 For immediate release CONDITION CF MEEKLY REPORTING MEMBER BANKS IK CENTRAL RESERVE CITIES (In millions of dollars) Ner; York City Increase or June decrease since June 4, June 12, 11 1941 1941 1940 June 11 1941 Chicago Increase or decrease since June 4, June 12, 1941 1940 ASSETS Loans and Investnents-total 11,769 Loans - total 3,406 Commercial, industrial, and agricultural loans 2,210 Open market paper 94 Loans to brokers and dealers 347 Other loans for purchasing or carrying securities 160 Real estate loans 114 Loans to banks 30 Other loans 451 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U.S. Gov't Other securities 589 1,453 3,223 1,722 1,376 Reserve v-lth F. R. Bank 5,752 Cash in vault 123 Balances rath domestic banks 100 Other aosets - net 328 + 80 + 810 + 6 4- 222 542 9 35 592 25 31 + 8 4- 179 47 + 3 54 21 - 63 +2,462 2,646 + 19 + 629 + 28 + 1 + — 12 + + + 1 1 1 4" 1 + - - + 1 8 5 73 + 14 3 70 + + + 191 482 664 14 9 + + — - — + 94 + 11 — 9 6 - — — ' *1 3 1 10 4 — + — — — • 87 446 1 4- 345 125 821 + 93 4- - 14 95 33 4- 106 44 3 53 139 406 + 10 - 15 44* 793 40 20 15 1,156 43 267 43 - 20 +1 ,530 + 51 24 2,237 492 100 ~ 178 32 1,032 8 + — + + — + 39 - - 56 - 3 5 51 46 3 11 5 4+ _ LIABILITIES Demand deposits-adjusted Tine deposits U. S. Gov't deposits Interbank deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 11,048 721 19 3,867 603 + 18 1 - + 4 17 + — »«. ••• "PII »• 293 1,521 - 2 1 - + 10 21 15 271 5 4- 325 12 4- 16 5 1 44- — — 4- - 63 1 — — — — — - — — 4- 1 17 Form F. R. 284-b ASSETS AMD LIABILITIES OF REPORTING MEMBER BANKS IN 101 LEADIHG CITIES 013 JUNE 11, 19-41 Total All Boston districts Mew York ASSETS Loans and Investments - total Loans - total Commercial, industrial, and agricultural loans Open market paper Loans to brokers and dealers in securities Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S.Gov't Other securities Reserve with F. R. Banks Cash in vault Balances with domestic banks Other assets - net L I A B I L I T I E S Demand deposits-adjusted Time deposits U, S. Gov't deposits Interbank depositsl Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 28,131 10,238 1,382 12,732 1,296 2,155 739 3,809 854 534 767 308 725 376 4,011 1,270 817 395 433 214 756 358 •601 314 2,456 1,067 398 13 15 148 11 3 192 6 6 821 47 40 223 19 4 105 3 1 212 24 4 211 2 3 422 18 9 19 13 48 67 134 161 13 60 1 75 7 14 85 11 35 3 123 9 169 719 154 250 780 55 382 91 1 57 246 86 69 269 28 288 42 7 46 115 65 116 177 17 261 52 346 219 1,242 329 605 1,567 85 615 77 1 37 197 70 117 258 15 194 22 19 123 35 40 112 8 137 16 1,410 11,842 1,142 1,737 261 230 1,088 745 14 16 44 45 643 208 31 510 192 47 3,402 996 134 555 192 19 33S 112 2 3 6 8 436 184 1 5,764 373 478 393 81 15 447 1,241 40 1,895 16 81 4 149 1,030 2,235 7,931 3,037 3,660 11,046 596 3»465 1,217 30 40 370 68 135 552 152 189 69 24,071 5,408 478 9,169 667 1 788 3,873 (in al.llioKS of dollars) i? e d e v a 1 R e s e r v e D i s t r i c t Phila.eve-jPdoh- Atlanta) Chicago St. Minne- Kan?5sj^lla, ban delphia ,and jmond Louis apolis City I Francisco 387 23 1 29 250 2,356 109 355 207 195 30. 557 592 1,500 3,493 1,818 1,520 5,934 150 241 428 283 40 23 32 51 — 105 — 25 393 82 262 514 26 206 82 I83 1 225 — 3,959 605 464 6 523 1 369 301 1,646 16 219 21 391 41 102 — 2 1,370 9 16 97 20 424 — 7 97 10 3 2 23 76 63 4o 385 1 192 8 39 104 107 140 211 19 313 20 33 34 119 42 59 153 14 316 31 1 50 810 181 347 519 27 323 287 599 144 13 559 136 35 I,:L04 452 2oo 1 2 — — 84 2 7 62 — 3 108 1,334 78 1 369 19 5 91 322 3?6
@FedFRASER