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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