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 May 12, 1941 Condition of Weekly Reporting Member Banks in Leading Cities The condition statement of weekly reporting me: ber banks in 101 leading cities shows the following principal changes for the week ended May It Increases of $3^,000,000 in commercial, industrial, and agricultural loans and 862,000,000 in holdings of United States Treasury bills, decreases of $65,000,000 in holdings of "Other securities", $84,000,000 in reserve balances with Federal Reserve Banks, and $96,000,000 in demand deposits—adjusted, and an increase of $118,000,000 in deposits credited to domestic banks. Commercial, industrial, and agricultural loans increased $14,000,000 in New York City, $9,000,000 in the Chicago district, and $36,000,000 at all reporting member banks. Loans to brokers and dealers in securities decreased $13^000,000 in New- York City, $8,000,000 in the Chicago district, and $21,000-000 at all reporting member banks. Holdings of United States Treasure bills increased $22,000,000 in How York City, $43,000,000 in the Chicago district,and $62,000,000 at all reporting member banks. Holdings of "Other securities" decreased $46,000,000 in Hew York City and $65,000,000 at all reporting member banks. Demand deposits-adjusted decreased $103->000,000 in New York City, $17,000,000 in the Chicago district, $26,000,000 in the San Francisco district, and $96,000,000 at all reporting member banks, and increased $71,000,000 in the Minneapolis district. Deposits credited to domestic banks increased $57,000,000 in the Chicago district and $118,000,000 at all reporting member banks. Deposits credited to foreign banks increased $18,000,000• A summary of the principal assets and liabilities of reporting member banks, together with changes for the v; .el: and the year ended May 7, 1941, follows: Increase or decrease S3Lnce May 8, April 30, 1940 1941 May 7 1941 A S S E T S 27,601 + 51 +4,025 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 9,892 5,568 356 + 22 + 36 + 2 - ZL - 3 - 1 +13 +1,238 +1,164 + 25 - 174 31 + 41 15 + 228 Treasury bills Treasury notes U, S. bonds Obligations guaranteed by U. S. Gov't Other securities 931 2,208 7,771 3,111 3,688 + + + — - + 285 + 308 +1,285 + 677 + 232 Loans and Investments - total Reserve with Federal Reserve Banks Cash in vault Balances with domestic banks AM 442 1,234 36 1,812 - A 62 18 18 4 65 11,124 532 3,437 - 84 + 16 + 51 + + + 273 53 252 23,616 5,440 418 - 96 - 12 + 8 +3,375 + 122 - 160 9,161 661 2 +118 + 18 + + L I A B I L I T I E S Demand deposits-adjusted Time deposits U. S. Government deposits Interbank deposits« Domestic banks Foreign banks Borrowings - l\. 677 53 2 Form F. R, 23/-ra STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System May 8, 1941 For immediate release CONDITION OF WEEKLY REPORTING I.IS.IBER BANKS IN CENTRAL RESERVE CITIES (in millions of dollars) Nev York City Increase or May decrease since April 30, May 8, 7, 1941 1941 1940 May 7, 1941 Chicago Increase; or decrease since April 30, [ay 8, 1940 1941 A S S E T S Loans and Investments - total Loans - total 11,530 + 13 +2,356 2,577 3,244 + 6 286 767 2,123 95 317 + 14 - 3 - 13 447 16 160 560 25 31 160 114 29 406 + 1 - 3 + 10 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U, 8. Gov't Other securities 459 1,434 3,211 + 22 + 20 + 8 + 1,807 1,375 + 3 — 46 + Reserve rath F. R. Bank Cash in vault Balances with domestic banks Other assets — net 5,800 86 86 329 4* — 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 - 88 2 2 4 6 15 36 - + + + + + — + 360 4 + 189 4 + 8 + 1^7 7 1 - + — - 54 21 —•*-* - + 35 10 4 - + — — — — + 30 + 43 3 + 2 + 33 38 128 1 2 + 76 222 490 711 300 122 838 511 136 142 408 435 9 4 24 1,122 41 285 45 14 + 3 + 18 + 1 + + + 11 1 + — — — — «+ 1 47 + 48 6 29 2 — L I A B I L I T I E S Demand deposits-adjusted Time deposits U. S. Gov't deposits Interbank deposits! Domestic bonks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 10,843 731 19 -103 - 10 + 1 +1,784 + 73 25 2,124 500 1Q0 3,831 597 + 12 + 18 + 1,052 124 58 — — — 292 1,518 — + 3 + 8 - + 53 + 1 + 306 5 16 4" no - 1 — 3 15 17 269 — + — • 1 + 15 Fora F. rl. 28/p-b ASSETS AND LIABILITIES OF REPORTING MEI.1BER BANKS IN 101 LEADING CITIES ON MAY 7, 1941 (in millions of dollars) . e r v e D i s t rict F e d e r a l R e Total Minnea- Kansas Dallas ; San Phila- Cleve- Rich- Atlanta Chicago St. New All Boston |Francis< City polis Louis mond delphia land York districts A S S E T S Loans and Investments - total 12,465 1,288 2,111 718 711 3,915 855 419 752 600 2,436 3,633 512 841 310 373 1,210 389 206 350 315 1,047 366 79 13 2,263 108 322 271 37 24 387 11 16 149 11 196 5 6 779 46 36 224 18 5 100 3 1 209 22 4 214 2 3 410 14 11 442 1,234 36 1,812 16 81 4 147 207 195 29 509 29 49 14 48 11 60 6 13 10 32 12 24 85 11 36 1 118 67 132 102 19 181 1 226 150 71 83 73 60 40 383 x 188 931 2,208 7,771 3,111 3,688 40 37 345 71 132 459 1,475 3,476 1,901 1,521 28 385 88 275 8 153 688 153 268 1 51 225 62 69 5 47 108 62 116 301 227 1,233 334 610 58 37 185 71 115 1 19 115 36 42 24 47 101 99 131 32 34 114 43 62 2 53 796 191 347 Reserve with F. R. Banks Cash in vault Balances with domestic banks Other assets - net L I A B I L I T I E S 11,124 532 3,437 1,239 631 149 195 67 5,997 109 224 472 593 24 208 82 772 52 361 90 308 25 289 39 169 15 259 50 1,496 80 624 77 200 14 185 22 100 7 148 16 213 IS 313 20 153 13 30 5 31 492 26 326 273 Demand deposits-adjusted Time deposits U. 8. Gov't deposits Interbank deposits I Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 23,616 5,440 418 1,441 230 13 11,655 1,211 263 1,099 13 39 1,679 747 34 627 208 29 487 192 37 3,206 1,005 131 546 194 15 324 112 2 588 145 11 549 138 28 1,303 1,107 66 9,161 661 2 773 3,862 391 24 1 24 249 468 6 516 1 372 375 2 1,396 9 1 23 421 418 182 1 460 292 1 357 18 4 90 317 385 27,601 1,331 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 9,892 706 5,568 356 444 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U.S. G o v H Other securities 3,934 599 — — 299 1,642 15 219 — 19 390 3 — 41 102 — — 14 97 — — 6 97 8 61 — - 3 109
@FedFRASER