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Form F. R. 2S4 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System June 30, 1941 For Immediate r e l e a s e CondiLion of Weekly Reporting Member Banks i n Leading C i t i e s The condition statement of weekly r e p o r t i n g member banks i n 101 leading c i t i e s shows t h e following p r i n c i p a l changes f o r the week ended June 25; I n c r e a s e s of $33,000,0 0 i n 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 and $17-4,000,000 i n demand d e p o s i t s - a d j u s t e d , and decreases of $188,000,000 i n d e p o s i t s c r e d i t e d t o domestic banks and $95,000,000 i n r e s e r v e balances with Federal Reserve Banks# Commercial, 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 $9,000,000 i n the Chicago d i s t r i c t and $4,000,000 each i n How York City and i n t h e P h i l a d e l p h i a and Cleveland d i s t r i c t s , the t o t a l i n c r e a s e a t a l l r e p o r t i n g member banks being $33,000,000. 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 increased $16,000,000, h o l d i n g s of Treasury b i l l s i n c r e a s e d $50,000,000 i n the Chicago d i s t r i c t and $42,000,000 a t a l l r e p o r t i n g member banks. Holdings of United S t a t e s Government bonds d e c l i n e d $18,000,000 i n t h e Richmond d i s t r i c t and $21,000,000 a t a l l r e p o r t i n g member banks. Holdings of "Other s e c u r i t i e s " inc re ase d $47,000,000 a t New York City and $45,000,000 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 i n c r e a s e d $107,000,000 i n New York C i t y , $48,000,000 i n t h e Chicago d i s t r i c t , and $174,000,000 a t a l l r e p o r t i n g member banks. Deposits c r e d i t e d t o domestic banks declined $75,000,000 i n New York C i t y , $26,000,000 i n t h e Chicago d i s t r i c t , $14,000,000 i n t h e Kansas City d i s t r i c t , $11,000,000 each i n t h e Boston and S t . Louis d i s t r i c t s , and $188,000,000 a t a l l r e p o r t i n g member banks. A summary of the 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 banks, together xvith changes f o r the week and the year ended June 25, 1941, 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 ) ! I June 25 1 1941 ASSETS Loans and Investments - t o t a l 28,279 Loans — t o t a l 10,324 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 5,825 Open market paper 372 Loans to 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 4S7 Other l o a n s f o r purchasing or carrying s e c u r i t i e:s s 452 Real e s t a t e loans 1,246 Loans t o banks 38 Other l o a n s 1,904 Treasury b i l l s 1,098 Treasury n o t e s 2,236 U. S. bonds . 7,940 Obligations guaranteed by U. S. Gov't 3,030 Other s e c u r i t i e s 3,651 Reserve with Federal Reserve 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. Governrieiit d e p o s i t s Interbank d e p o s i t s ; Domestic banks Foreign banks Borrowings I n c r e a s e or decrease since June 1 8 , June 26 1941 1940 124 + 62 + 33 2 + 16 8 + — - + + + — + 10,788 596 3,439 + 24,046 5,410 482 4+ 9,048 671 + + — +4,698 +1,889 +1,426 + 63 + 92 15 + 44 4 7 42 4 21 8 45 + 327 + 182 +1,561 + 624+ 115 95 15 61 + + -— + 279 831 90 167 174 3 1 +3,365 + 98 98 188 5 + 623 7 Form F. R. 2SA-a STATEMENT FOR THE PRESS Board of Governors of t h e Federal Reserve System June 26, 1941 For immediate r e l e a s e CONDITIO:! OF 7JEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES ( i n millionc of d o l l a r s ) June 25 1941 New York City Increase or decrease since June 18, June 26, 1940 1941 Chicago I n c r e a s e or June decrease s i n c e June 18, June 26, 25 1941 1940 1941 A S S S T. .S 2,703 + 63 + 494 680 825 + 10 + 226 543 5 73 601 24 33 + + + 175 5 9 5 8 2 74 55 21 + 91 + Loans and I n v e s t m e n t s - t o t a l 11,812 + 51 +2,535 Loans - t o t a l + 13 + + + + 4 l 9 + + 5 + 3,433 Commercial, i n d u s t r i a l , and 2,231 agricultural loans 94 Open market paper Loans t o brokers and d e a l e r s 349 Other loans f o r purchasing 164 or carrying s e c u r i t i e s 114 Real e s t a t e loans 30 Loans to banks 451 Other loans — — + — 7 1 1 1 —— 4. + + 8 3 + 42 — - 3 3 + 579 1,460 3,222 + - 8 6 7 + 165 + 446 + 701 417 127 812 + 50 + 2 + 3 + I63 33 + 98 1,716 1,402 + 47 + + 427 116 140 382 + - + Reserve vd-th F. ?,. Bank 5,617 Cash i n v a u l t 132 Balances with d o n e s t i c banks 96 Other a s s e t s - n e t 309 - 23 + 7 + 9 - 1 ; ,112 + 47 + 14 — 13 1,080 42 267 38 — 44 —— — +1,365 + 52 25 2,230 493 100 + 36 + + 1,018 8 - 21 Treasury b i l l s Treasury notes ti, 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 1 3 — - - 6 34 96 1 1 4 — - 4 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. 3, Gov't d e p o s i t s Int^rbanl:. d e p o s i t s : Dor.ectic bonks Foreign bonks Borrowings Other 15 a b i l i t i e s CAPITAL ACCOUNTS 10,986 +107 723 + 2 — 19 3,814 609 - 75 + 7 — — 102 + 10 1,513 - 7 75 16 — + + — 1 19 — — —— 307 15 4- 16 - + — * • •* 16 273 — —— —— 66 1 4- 4* 19 . orn f . R. 284—b ASSETS ABD LIABILITIES OF REPORTING MEMBER BANKS IM 101 LEADI1IG CITIES Oil JUNE 25, 194-1 Total All d i s t r i c t s Boston ASSETS Loans and Investments - 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 market paper Loans t o brokers 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 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 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 Reserve vrlth F. R. Banks Gash i n v a u l t Balances with domestic banks Other a s s e t s — net 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. Gov't 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 New York F e d e r a l R e s c r v e D i s 1: r i c 1 Minne- K St, P h i l a - Cleve- r.ich j Atlanta Chicago a polis Louis delphia land mond j 606 2,460 403 362 315 1,072 831 46 41 229 20 5 108 3 2 214 25 4 211 3 2 424 19 10 68 135 13 60 6 14 11 32 12 23 — — — — 76 87 39 385 . 1 194 1 50 815 176 346 12,778 1,304 2,173 763 717 4,070 832 10,324 741 3,837 545 854 310 379 1,286 5,825 372 487 398 79 13 2,378 109 356 290 38 27 401 13 17 146 12 4 195 5 6 452 1,246 38 1,904 1,098 2,236 7,940 3,030 3 >651 10,738 596 3,439 1,219 16 81 4 150 18 39 374 69 134 211 198 30 555 32 52 13 48 106 20 182 1 220 597 1,503 3,488 1,810 1,543 25 391 82 261 9 169 735 157 249 2 58 236 88 69 11 36 2 124 6 44 109 63 116 558 150 200 67 5,797 157' 2.43 447 506 25 207 82 765 53 374 87 276 28 285 41 177 17 256 51 165 418 220 1,236 331 579 1,518 84 606 69 24,046 5,410 482 1,423 230 14 11,822 1,089 44 1,134 261 16 1,726 746 44 649 208 32 508 192 47 9,048 671 1 795 3,868 381 22 1 26 248 3,906 611 468 6 364 20 219 22 38 102 — 64 233 15 185 21 3 19 123 35 39 104 8 135 15 76 6 40 no 105 139 204 19 315 20 38 34 117 43 59 146 13 315 31 3,405 995 135 557 192 20 336 112 2 597 143 13 555 137 36 1,329 1,105 79 356 2 1,354 9 413 180 1 455 —— 286 1 363 18 16 97 23. 426 7 97 8 62 3 .109 5 91 317 386 35 206 71 117 — 310 1,640 Snn Francisco 762 1,375 —- a i a s 439 220 28,279 87 £?rb 504 27 318 288
@FedFRASER