The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Form F, R, 284 STATEMENT FOR THE PRESS For immediate release Board of Governors of the Federal Reserve System March 31, 1941 Condition of Weekly Reporting Member 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 March 261 Increases of $71,000,000 in loans to brokers and dealers in securities and $88,000,000 in holdings of United States Government bonds, decreases of $106,000,000 in holdings of United States Treasury bills and $95,000,000 in reserve balances with Federal Reserve Banks, and an increase of $73,000,000 in demand deposits—adjusted. Commercial, industrial, and agricultural loans increased $6,000,000. Loans to brokers and dealers in securities increased $55,000,000 in Hew York City, $13,000,000 in the Chicago district, and $71,000,000 at all reporting member banks. Holdings of United States Treasury bills decreased $97,000,000 in the Chicago district, $14,000,000 in the St, Louis district, and $106,000,000 at all reporting member banks. Holdings of Treasury notes increased $21,000,000 in the Chicago district and $13,000,000 at all reporting member banks, and decreased $18,000,000 in Hew York City. Holdings of United States Government bonds increased $59,000,000 in 13ew York City, $14,000,000 in the Chicago district, and $88,000,000 at all reporting member banks. Demand deposits-^adjusted increased $121,000,000 in Hew York City, $24,000,000 in the Philadelphia district, and $73,000,000 at all reporting member banks, and decreased $109,000,000 in the Chicago district. Deposits credited to domestic banks decreased $34,000,000 in Hew York City, $14,000,000 in the Dallas district, $13,000,000 in the Boston district, $11,000,000 each in the Philadelphia and Cleveland districts, and $47,000,000 at all reporting member banks, and increased $65,000,000 in the Chicago district. Deposits credited to foreign banks decreased $13,000,000. A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended March 26, 1941, follows 1 (In millions of dollars) Increase or decrease since Mar. Mar. 19, Mar, 27, 26, 1940 1941 1941 A S S E T S +3,589 26,918 + 75 Loans and Investments - total +1,195 +1,037 + 8 67 25 + 34 12 + 220 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 9,798 5,420 343 542 453 1,226 37 1,777 + 84 + 6 + 3 + 71 — 2 Treasury bills Treasury nbtes U.S. bonds Obligations guaranteed by U. S. Gov't Other securities 864 2,360 7,359 2,751 3,786 -106 +13 + 88 - 4 11,438 517 3,480 - 95 + 12 - 10 +1,067 + 38 + 227 23,259 5,444 346 + 73 - 5 - 8 +3,983 + 106 - 232 9,231 636 1 - 47 - 13 + - Reserve with Federal Reserve Banks Cash in vault Balances with domestic banks — - 6 + — — + + + + + 348 558 847 372 269 L I A B I L I T I E S Demand deposits-adjusted Time deposits U, S. Government deposits Interbank deposits 1 Domestic banks Foreign banks Borrowings 932 99 ®»rm F, R, 284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System March 27- 1941 For immediate release CONDITION OF WEEKLY REPORTING MEMBER. BANKS IN CENTRAL RESERVE CITIES (in millions of dollars) I New York City Increase or Mar. decrease since Mar, Mar, 19. Mar,, 27, 26, 26, 1941 1940 1941 1941 Chicago Increase or decrease since Mar. 19, Mar. 27, 1940 1941 A S S E T S Loans and Investment3—total Loans - total 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 114 11,022 +1,965 2,656 50 - 486 4. 3,250 + 46 + 297 754 + 23 4* 194 2,064 97 391 6 4 4- 55 + 385 15 76 537 23 45 4- 9 + 1 4- 151 45 4* 16 54 20 1 + 1 7 15 24 165 112 28 393 — - + + 1 - - + 13 75 + 1 278 1,411 3,050 + 8 18 59 + + + 104 580 550 417 160 789 97 4" 23 4- 4 1,570 1,463 + 7 4- 12 + + 319 115 126 410 3 Reserve with F. R.Banlc Cash in vault Balances with domestic banks Other assets — net 6,446 84 157 325 86 4- 3 4- 33 — 2 + + + 312 5 19 20 897 4- 121 1 1 +1 ,964 44 + 31 + — 10 6 4- 26 — — Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities — + 28 4- 170 — — 69 4- 14 67 — 4- 8 3 34 4- 1 4- 50 — — — — 4- 1,875 503 88 -122 4 — 8 4- 372 42 43 1,123 7 4- 255 41 53 6 L I A B I L I T I E S Demand deposits—adjusted Time .deposits U. S. Gov't deposits Interbank deposits* Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 11,001 745 13 3,885 581 "HI 303 1,506 -• — 34 13 - — 363 91 —. — 11 4- 1 + + 16 16 16 265 — 55 4- — • mmrnm - 4- 1 92 4- 2 16 Form F. R. 28/rb ASSETS MID LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON MARCH 26, 1941 (in millions of dollars) — A S S E T S Loans and Investments — total Total All Boston districts D 1st r i c t R e s e r v e F e d e r a 1 San St. jlliiute— jKansas New IPhila- Cleve- RichAtlanta Chicago Louis !apolis I City Dallas Francisco York |delphia land mond 26,918 1,293 11,930 1,244 2,050 771 704 3,957 841 430 735 591 2,372 Loans - total Commercial, industrial, and agricultural loans Open market paper Loans to brokers and dealers in security .es Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 9,798 683 3,627 492 824 307 378 1,178 389 218 353 319 1,030 5,420 343 542 348 72 16 2,196 109 397 252 35 25 371 11 16 146 11 5 198 5 8 73o 45 50 227 14 4 116 3 1 213 22 4 219 2 3 396 14 13 •453 1,226 37 1,777 17 81 4 145 212 191 28 494 29 50 14 48 6 12 10 32 12 24 83 12 35 1 119 67 131 101 20 180 1 225 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by TJ. S. Gov't Other securities 864 2,360 7,359 2,751 3,786 42 43 337 - 55 133 278 1,469 3,286 1,658 1,612 28 363 86 275 11 159 649 134 273 115 225 54 70 4 56 96 54 116 418 281 1,160 300 620 11,438 517 3,480 1,172 670 148 199 68 6,619 105 308 413 562 24 205 81 743 50 375 89 259 28 247 38 171 16 250 49 23,259 5,444 346 1,442 234 11 11,739 1,108 30 1,142 259 10 1,611 750 24 606 206 23 9,231 636 398 20 3,976 582 466 5 513 1 1 777 3,831 1 24 248 18 216 21 387 Reserve m t h F, R. Banks Cash in vault Balances with domestic banks Other assets — net " 80 72 59 42 382 1 182 59 41 171 66 115 2 21 115 32 42 20 52 97 83 130 29 37 104 40 62 1 58 756 189 338 1,295 68 607 75 180 14 204 22 111 7 126 16 211 18 315 20 145 13 302 31 472 26 342 270 483 190 29 2,975 1,006 116 543 193 12 327 114 2 591 145 9 546 138 23 1,254 1,101 57 368 376 2 1,4-60 8 411 179 444 281 1 359 17 40 100 13 97 21 416 6 96 7 61 3 107 4 89 310 384 — — . 147 12 60 2 70 — — — L I A B I L I T I E S Demand deposits-adjusted Time deposits U. S. Gov't deposits Interbank deposits: Domestic banks Foreign banks Borrowings Othar liabilities CAPITAL ACCOUNTS — — 310 1,630