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| ; I j | STATEMENT FDR THE PRESS Form FR-2S4 For immediate release Board of Governors of the Federal Reserve System May 22, 1939 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 May 17I Decreases of $24,000,000 in loans to brokers and dealers in securities and $62,000,000 in hold— ings of "Other securities", increases of $104,000,000 in amounts due from banks and $90,000,000 in deposits credited to domestic banks, and a decrease of $38,000,000 in demand deposits-adjusted. Commercial, industrial and agricultural loans decreased $7,000,000 at all reporting member banks. Loans to brokers and dealers in securities decreased $22,000,000 in New York City. Holdings of Treasury bills decreased $18,000,000 in New York City and at all reporting member banks. Holdings of United States Government bonds decreased $11,000,000 at all reporting member banks* Holdings of obligations guaranteed by the United States Government increased $9,000,000 in New York City and $21,000,000 at all reporting member banks. Holdings of "Other securities" decreased $62,000,000 in New York City and at all reporting member banks* Demand deposits-adjusted decreased $110,000,000 in New York City and $38,000,000 at all reporting member banks, and increased $29,000,000 in the Chicago district and $23,000,000 in the San Francisco district. Deposits credited to domestic banks increased $4-1,000,000 in New York City and $90,000,000 at all reporting member banks. Deposits credited to foreign banks decreased $7,000,000 in New York City. Borrowings of weekly reporting member banks amounted to $2,000,000 on May 17. A summary of the principal assets and liabilities of reporting member banks, together m.th changes for the week and the year ended May 17, 1939, follows t (In millions of dollar^) Increase or decrease since May Hay 18, May 10, 17, 1938 1939 1939 ASSETS Loans and Investments - total 21,609 -110 + 930 Loans — total 8,046 Commercial., industrial, and agricultural loans 3>845 Open market paper 301 Loans to brokers and dealers in securities 639 Other loans for purchasing or carrying securities 539 Real estate loans 1,150 Loans to banks 53 Other loans 1,519 - 39 - 7 + 6 - 24 + 2 + 1 - 7 - 10 + + 362 229 75 49 48 7 67 15 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities - 18) 412 2,030 . - 1) 5,862 - 11) + 21 2,031 - 62 3,228 + 325 + + 667 300 Reserve with Federal Reserve banks Cash in vault Balances with domestic banks 8,352 419 2,671 + 15 - 10 +104 +2,245 + 40 + 356 16,681 5,247 589 - 38 - 2 - 16 +2,112 + 38 + 44 6,690 633 2 + 90 - 9 + + + LIABILITIESDemand deposits-adjusted Time deposits U. S. Gov*t deposits Inter-bank deposits* Domestic banks Foreign banks Borrowings — — 953 318 2 Form FR-284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System May 13, 1939 For immediate release ASSETS AHD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (in millions of dollars) May 17, 1939 New York City Increase or decrease since May 10, May 18, 1938 1939 May 17, 1939 Chicago Increase or decrease since May 10, May 18, 1938 1939 ASSETS 99 + 295 1,986 - 4 + 2,720 30 - 278 535 - 4 - 1,369 120 495 9 + 5 22 - 193 — 17 + 33 356 15 35 - 3 + — 5 7 52 37 68 13 Loans and Investments - total 7,857 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 199 111 40 386 - - — 3 — - 6 1 - — — Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities 168 722 2,119 Reserve with F. R. banks Cash in vault Balances with domestic banks Other assets - net 4,881 55 77 394 + 3 + 9 7,350 621 86 -110 1 - 10 +1 ,375 12 60 2,827 556 + 41 7 + + 1,032 1,096 18) 2) - + - + 7 —• ~ + + 11 + 9 6 8 + + 3 1 — — 1 - — - 8 48 16 139 210 625 ~ - 1) 2) 2) 4" 102 467 122 134 343 + 5 + + ) 9 62 — — 151 +1 ,862 + 5 6 + 100 — — — 874 4- l6 28 - 1 239 . + 18 — 49 17 43 + 62 2 33 2 - + — L I A B I L I T I E S Demand deposits-adjusted Time deposits U, S. Gov't deposits Inter—bank depositst Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS - — 465 283 1,580 484 69 + 20 — — 4 752 12 + 12 16 263 + + 162 + 21 48 — — 338 1,486 — — 3 4 + - 19 2 85 6 4* + — 1 4" 3 19 Form FR-284-b ASSETS AND LIABILITIES OF1EEKLY REPORTING IMIBER BANKS IK 101 LEADING CITIES Oil MAY 17, 1939 Total Hew All Boston York districts ASSETS Loans and Investments - total Reserve District Federal San Phila- Cleve- Rich- Atlanta Chicago St. Minne- Kansas Dallas Francisco Louis apolis City delphia land mond 679 605 3,076 716 360 657 510 2,169 659 243 308 863 312 155 259 252 946 190 22 21 241 7 19 106 182 3 501 153 18 4 309 6 77 3 1 166 30 39 189 3 5 32 53 1 92 26 169 2 195 15 36 79 101 3 3.10 13 49 3 50 7 7 48 383 60 10 24 1 49 15 20 72 12 30 1 74 46 178 168 3 780 62 345 2,329 46 1,089 134 1,252 4l 305 96 258 8 217 617 97 282 1 171 144 55 65 8 34 108 60 87 144 392 923 263 491 43 48 149 65 99 36 111 15 43 6 84 111 57 140 30 43 81 46 58 1 122 639 142 319 8,352 419 2,671 1,280 385 4,998 71 139 172 142 81 484 331 17 184 102 405 41 290 105 161 19 164 35 111 12 175 48 1,099 58 477 83 148 11 141 23 84 7 109 18 163 13 284 22 115 10 245 30 352 21 288 249 16,681 5,247 589 1,074 7,890 249 1,002 16 105 807 1,181 747 282 42 53 448 202 28 367 188 40 2,337 913 116 431 191 20 272 118 2 497 144 23 443 136 34 934 1,075 110 6,690 633 273 2,905 558 27 354 13 364 1 258 1 255 1 995 13 298 122 1 372 208 286 18 2 781 3,708 1 20 344 245 1,609 12 224 17 369 25 96 7 93 20 399 7 92 6 57 3 100 5 84 315 340 1,111 1,880 21,609 1,158 8,688 Loans — total 8,046 Commercial, Industrial, and agricultural loans 3,8-45 Open market paper 301 Loans to brokers and dealers in securities 639 Other loans for purchasing or carrying securities 539 Real estate loans 53 Loans to banks 1,519 Other loans 568 3,070 411 258 1,473 61 127 24 500 259 198 40 473 Treasury bills Treasury notes U„ S. bonds Obligations guaranteed by U.S. Gov't Other securities 412 2,030 5,862 2,031 3,228 Reserve with F. R. bank Cash in vault Balances with domestic banks Other assets — net 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 Borrowings Other liabilities CAPITAL ACCOUNTS 23 80 2 120 10 4 1 4 16 12
@FedFRASER