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Form FR-284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System March 13, 1939 For immediate release 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 principal changes for the week ended March 8: Increases of #124,000,000 in loans to brokers and dealers in securities, $111,000,000 in holdings of U. S. Government bonds, $121,000,000 in demand deposits—adjusted and $104,000,000 in deposits credited to domestic banks, and a decrease of $104,000,000 „ in holdings of Treasury notes. Holdings of Treasury bills increased $15,000,000 in the Chicago district, $18,000,000 in the St. Louis district and $26,000,000 at all reporting member banks? and decreased ^8,000,000 in New York City. Holdings of Treasury notes decreased $26,000,000 in Hew York City, $17,000,000 in the Cleveland district, $40,000,000 in the Chicago district, and $104,000,000 at all reporting member banks* Holdings of United States Government bonds increased $125,000,000 in New York City and $111,000,000 at all reporting member banks. Holdings of obligations guaranteed by the United States Government increased $11,000,000 at all reporting member banks. Demand deposits—adjusted increased $113,000,000 in New York City and $121,000,000 at all reporting member banks. Deposits credited to domestic banks increased $51,000,000 in New York City, $14,000,000 in the Cleveland district, $12,000,000 in the Chicago district, $10,000,000 in the Atlanta district, and $104,000,000 at all reporting member banks. Weekly reporting member banks reported no borrowings on March 8. A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended March 8, 1939, follows t (in millions of dollars) Mar. 8, 1939 A S S E T S Loans and Investments - total 21,788 Increase or decrease since Mar, 1, Mar. 9, 1938 1939 +194 + 526 +152. — + + + 682 569 118 42 82 20 25 40 Loans — total 8,338 Commercial, industrial, and agricultural loans 3*773 Open market paper 313 Loans to brokers and dealers in securities 923 Other loans for purchasing or carrying securities 532 Real estate loans 1,135 Loans to banks 111 Other loans 1,551 +124 + 9 - 1 + 19 + 1 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities 442 2,427 5,307 2,030 3,244 + 26) -104) +111) + 11 - 2 + 95 + + 878 235 Reserve with Federal Reserve banks Cash in vault Balances with domestic banks 7,409 420 2,532 + 4i + 31 - 26 +1,674 + 116 + 502 16,086 5,224 632 +121 + 22 - 2 +1,572 — 34 75 6,518 569 +104 + 3 - 2 +1,155 + 207 l4 — - — L I A B I L I T I E S Demand deposits-adjusted Tine deposits U. S. Government deposits Inter—bank depositst Domestic banks Foreign banks Borrowings — Form FR—284-a STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System March 9, 1939 For immediate release ASSETS AND LIABILITIES OF MEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (In millions of dollars) New York City Increase or Mar. decrease since 8, Mar. 1, Mar. 9, 1938 1939 1939 Mar. Loans and Investments - total 7,97-4 *219 + 109 2,096 Loans — total 3,038 +139 - 329 1,365 8, 1939 Chicago Increase or decrease since Mar. 1, Mar. 9, 1938 1939 A S S E T S 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 122 + 2 - 3 2 2 — 36 758 +111 192 + 6 108 94 399 + 22 17 35 25 + 20 + 4 - 348 15 32 + 3 - 66 125 324 - 56 + 4 680 + 2 +1,471 + 2 + 12 - 6 — Reserve with F. R, bank Cash in vault Balances with domestic banks Other assets - net 4,259 53 80 27 209 51 62 13 13 1 1 50 + 644 + 104 1,061 93 4 13 — 2 - 9 - 8) — 26) +125) 396 524 312 100 863 1,741 80 + 100 245 215 663 Treasury bills Treasury notes U. S« bonds Obligations guaranteed by U.S. Gov't Other securities 1,171 58 - 10 - + 15) - 22) — 125 9) + + 24 44 + 22 + 2 + 2 - 1 + + + 88 4 71 1 + + + 141 4 - 20 + 2 L I A B I L I T I E S Demand deposits-adjusted Time deposits U. S» Gov't deposits Interbank deposits t Domestic banks Foreign banks Borrowings Other liabilities 6,956 633 +113 +1,024 1,529 472 + 7 - 3 7 83 — — 227 2,780 + 51 + 1 + + 646 177 — — i4 116 500 291 1,486 - 8 1 + 58 1 1 1 — 699 9 + 13 + + 123 2 14 257 + + + 3 15 1 1 Form FR-284—b ASSETS Alto LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON MARCH 8, 1939 Total All districts A S S E T S 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 Boston federal New Phila- Cleve- Richmond York delphia land District St. Kansas MinneAtlanta Chicago City Louis apolis Dallas Reserve 8,823 1,135 4ll 3,390 1,829 644 675 232 597 304 3,159 846 719 309 391 153 654 257 504 246 2,167 975 1,463 129 767 181 99 9 4 170 3 6 178 3 76 3 1 153 21 228 9 21 486 25 162 1 3 329 21 19 24 80 2 119 248 196 95 492 32 52 1 99 26 169 1 190 16 34 13 27 1 84 78 99 3 12 49 7 7 15 20 116 55 59 10 23 1 47 45 51 379 1 175 442 2,427 5,307 2,030 3,244 5 88 294 43 134 100 67 299 90 198 133 48 64 8 37 112 52 84 251 421 924 250 467 21 151 4i 3 98 107 55 134 11 70 1,930 1,133 1,330 16 237 549 106 277 53 617 129 291 7,409 420 2,532 1,281 350 140 147 80 4,389 71 175 480 115 12 168 48 908 56 436 95 80 169 110 320 106 151 19 167 36 155 17 163 396 42 298 107 239 30 236 16,086 5,224 632 1,037 249 16 7,522 1,018 134 788 283 53 1,126 745 42 448 199 28 362 184 39 6,518 569 260 25 2,857 502 317 10 375 1 252 1 708 3,693 21 244 296 1,609 14 222 16 367 26 94 21,788 8,338 1,135 571 3,773 313 923 248 64 34 532 1,135 111 1,551 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities Reserve with F. R. bank Cash in vault Balances with domestic banks Other assets - net 9AO 268 266 — — 70 » « 28 36 6 6 72 152 64 101 Borrowings Other liabilities CAPITAL ACCOUNTS > 4 48 110 16 18 5 80 44 11 4 22 255 139 24 7 84 17 12 261 22 2,271 897 130 445 189 20v 264 119 2 496 144 23 430 137 34 1,060 256 1 939 10 296 129 1 354 204 1 279 17 6 92 18 389 6 92 8 56 3 98 ~~4 84 290 346 11 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 San Francisco 897 111
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