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Pom FR-284 STATMENT FOR THE PRESS , For immediate release Board of Governors of the Federal Reserve System June ^ 1940 Condition of Weekly Reporting Member Bonks in 101 Leading Cities The condition statement of weekly reporting member banks in 101 leading cities shows the following principal changes for the week ended Kay 29: Decreases of $27,000,000 in commercial, industrial and agricultural loans, $66,000,000 in loans to brokers and dealers in securities, and $46,000,000 in holdings of United States Treasury bills, increases of $81,000,000 in holdings of "Other securities" and $86,000,000 in demand deposits-adjusted, and a decrease of $55,000,000 in deposits credited to domestic banks. Commercial, industrial, and agricultural loans decreased $13,000,000 in New York City and $27,000,000 at all reporting member banks. Loans to brokers and dealers in securities decreased $53,000,000 in New York City. Holdings of United States Treasury bills decreased $40,000,000 in the Chicago district, $26,000,000 in the St. Louis district and $46,000,000 at all reporting member banks, and increased $29,000,000 in Mew York City. Holdings of Treasury notes increased $7,000,000, Holdings of United States Government bonds increased $17,000,000 in New York City and $15,000,000 at nl1 reporting member banks# Holdings of obligations guaranteed by the United States Government increased $10,000,000. Holdings of "Other securities" increased $61,000,000 in Hew York City, $9,000,000 in the St. Louis district, and $81,000,000 at all reporting member banks. Demand deposits-adjusted increased $61,000,000 in New York City, $46,000,000 in the Chicago district, $15,000,000 in the Atlanta district and $86,000,000 at all reporting member banks, and decreased $69,000,000 in the St. Louis district. Deposits credited to domestic banks decreased $29,000,000 in New York City, $15,000,000 each in the Philadelphia and Kansas City districts,$11,000,000 in the Chicago district and $55,000,000 at all reporting member banks, and increased $41,000,000 in the St, Louis district. Deposits credited to foreign banks increased $11,000,000 in New York City. A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended May 29, 1940, follows: May 29, 1940 ASSETS Loans and Investments - total v 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 Federal Reserve banks Cash in vault Balances with domestic banks LIABILITIES Demand deposits-adjusted Time deposits U. S. Government deposits Inter-bank deposits: Domestic banks \ Foreign bonks Borrowings 23,524 8,475 4,367 322. 478 481 1,189 46 1,592 627 1,926 6,528 2,399 3,569 11,203 488 3,285 20,287 5,312 581 8,431 707 1 Increase or decrease since May 22, May 31, 1940 1939 - 20 +1,844 - 87 - 27 - 5 + + + + + + - - 66 + 7 - 4 + 2 + 6 — 46 7 15 10 81 + 7 + 3 + 16 + 86 + 4 - 55 + 15 349 545 14 243 58 33 13 71 294 127 677 + 344 307 +2,754 + 61 + 583 +3,322 + 77 + 22 +1,756 + 72 2 > Forn FR-284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System I.!ay 31, 19-40 For immediate release ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (in millions of dollars) New York City Increase or decrease since May May 22, May 31, 29 1940 1940 1939 Hay 29 1940 +1,219 2,180 Chicago Increase or decrease since I.lay 22, May 31, 1940 1939 ASSETS Loans and Investments - total 9,219 4" 54 Loans - total 2,802 — Commercial, industrial, and agricultural loans Open market paper Loans to brokers and dealers Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 1,658 105 350 159 121 39 370 - — - 45 + 199 67 + 4 586 - 4 + 48 13 2 53 + 294 — 20 218 412 19 27 + 1 + 6l 4- 1 - 13 41 10 6 15 65 17 1 + 1 + 2 — 1 — — — + — - — — — 6 + 1 *— — — 46 — •** + 3 4 — - — — 40 — 2 + 96 - 53 + 82 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities 287 969 2,564 + + 29 7 + 17 4* 140 + 225 + 427 221 159 713 1,275 1,322 + 7 + 61 + 231 + 192 135 366 Reserve with F. R. banks Cash in vault Balances with domestic banks Other assets - net 6,460 87 96 376 39 6 + 9 + 14 +1,484 + 27 4- 14 — 21 1,149 39 308 47 + 30 + 2 + 26 + 265 + 10 + 36 3 9,393 667 44 + 10 + 61 +1,779 + 50 - 22 1,919 503 84 + 26 - 1 + 270 + 19 + 24 + 866 + 94 939 8 - 13 + 1 — + — - — 1 2 + 28 LIABILITIES Demand deposits-adjusted Time deposits U. S. Gov't deposits Inter-bank depositst Domestic banks Foreign banks Borr curings Other liabilities CAPITAL ACCOUNTS \ 3,696 647 mm* — 29 + 11 — ewe 293 1,498 MM — — —I<0 mm9 mm 5 4 - + 52 8 — — 16 254 — — — — ~ — + 209 6 — ~ 4* 2 — 11 Form FP.-2S.4-b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON MAY 29, 1940 (in millions of dollars) Federal Reserve District San Cleve- Rich- Atlanta|Chicago St. Minnea- Kansas Dallas New PhilaAll Boston Francisco Louis polis City 1 districts York delphia land mond ASSETS 23,524 Loans and Investments -total Loans - total 8,475 Commercial, industrial, and 4,367 agricultural loans 322 Open market paper 478 Loans to brokers and dealers in securities Other loans for purchasing 481 or carrying securities 1,189 Real estate loans 46 Loans to banks 1,592 Other loans Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. C-ov,t Other securities Reserve with F. R. bank Cash in vault Balances with domestic banks Other assets - net LIABILITIES Demand deposits-adjusted Time deposits U» 8. Gov't deposits Interbank deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 627 1,926 6,528 2,399 3,569 11,203 488 ; 3,285 1,305 20,287 5,312 581 8,431 707 1 739 3,747 691 328 399 189 729 306 3,295 946 1,191 10,074 1,176 618 3,145 447 1,894 697 627 703 271 2,229 302 522 266 954 299 70 16 1,771 111 355 209 30 24 271 7 20 122 11 3 156 3 5 573 39 32 185 10 4 95 4 1 178 22 4 176 2 3 332 13 11 18 81 1 133 211 197 39 461 32 50 1 101 31 169 1 204 15 42 11 32 1 98 75 118 7 11 10 29 59 13 22 1 49 45 385 109 13 53 2 61 168 14 38 343 48 130 544 142 168 72 290 1,005 2,808 1,350 1,476 6,624 103 231 538 143 163 53 67 187 22 247 39 2 35 113 65 106 149 13 239 51 221 289 1,036 267 536 1,487 73 636 82 40 32 144 68 117 199 12 161 22 29 114 22 45 100 7 121 17 17 68 87 69 148 191 15 290 24 27 40 84 47 58 139 11 299 30 5 59 701 195 315 436 25 314 249 396 191 17 297 116 5 530 145 24 481 136 31 1,077 1,080 107 418 157 2 403 260 1 325 20 — — 78 — — 31 323 91 284 500 20 234 83 11 157 612 124 287 647 45 345 98 1,230 10,103 1,041 262 235 1,040 71 14 53 1,380 746 47 515 202 34 432 192 44 2,005 967 134 421 5 458 1 306 1 303 1 1,241 9 351 19 1 21 246 — 3,788 648 ~ — 299 1,621 — — — 15 216 — — 17 38O — — — —• 37 97 — — 12 95 *•* 21 396 — ~ — — 7 94 - — — 73. — — — — 8 59 — — — — 3 106 — — 4 88 — 295 349
@FedFRASER