The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATEMENT FOR THE PRESS For immediate release Board of Governors of ti# Federal Reserve System May 24, 1937 Condition of Weekly Reporting Member Banks in 101 Leading Cities The condition statement of weekly reporting member banks in 101 leading cities, which is being issued in revised form beginning with this week, shows the following principal changes for the week ended May 19« Decreases of $31,000,000 in loans and $9,000,000 in holdings of United States Government obligations; an increase of $14,000,000 in "Other securities"? an increase of $4-9,000,900 in demand depositsadjusted; decreases of $25,000,000 in Government deposits, $67,000,000 in deposits credited to domestic banks and $13,000,000 in deposits credited to foreign banks; and an increase of $8,000,000 in borrowings. Commercial, industrial, and agricultural loans increased $9,000,000 in the New York district and ..$6,000,000 at all reporting member banks. Holdings of open market paper decreased $7*000,000. Loans to brokers and dealers in securities declined $8,000,000 in the New York district and $11,000,000 at all reporting member banks. Other loans for purchasing or carrying securities declined $9,000,000 in the New York district and $24,000,000 at all reporting ja£mitfy?g|^anks. "Other loans" declined $7,000,000 in the San Francisco district and ,000 at all reporting member banks. Holdings of United States Government -direct obligations declined $9,000,000, holdings of obligations fully guaranteed by the United States Government declined •22,000,000, and holdings of "Other securities" increased $19,000,000 in the New York district and $14,000,000 at all reporting member banks. Demand deposits-adjusted increased $58,000,000 in the New York district, $16,000,000 in the Philadelphia district, $13,000,000 in the Chicago district and §49,000,000 at all reporting member banks, and declined $17,000,000 in the Boston district and #12,000,000 in the St. Louis district. Government deposits declined $12,000,000 in-the New York district and $25,000,000 at all reporting member banks. Deposits credited to other domestic banks declined in all but one district, the aggregate decrease being $67,000,000. Deposits credited to foreign banks declined $14,000,000 in the New York district. Borrowings of weekly reporting member banks aggregated $24,000,000 on May 19, an increase of $7,000,000 being reported by New York banks. A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended May 19, 1937, followsi May 19, 1937 Loans and investments - total Loans — total Commercial,industrial, and agricultural loansi On securities Otherwise secured and unsecured Open market paper** Loans to brokers and dealers in securities*** Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans* On securities Otherwise secured and unsecured U. S. Government direct obligations Obligations fully guaranteed by U.S. Gov't. Other securities Reserve with Federal Reserve banks Cash in vault Balances with domestic banks LIABILITIES Demand deposits-adjusted. Time'deposits V. S. Government deposits Inter-bank deposits 1 Domestic banks Foreign banks Borrowings For footnotes see following sheet,. Increase or decrease since — May 12, May 20, 1937 1936 22,177 9,500 583) 3,606) 496 1,323 722 1,162 118 716) 774) 8,31-4 1,162 3,201 5,349 329 1,781 15,425 5,205 182 5,115 527 24 -28 -31 +378 +1,147 +6 * -7 -11 -24 +1 -3 +7 -9 -2 +14 -10 -20 —2 +49 +4 -25 -67 -13 +8 + 1A6 * +15 +56 * -554 -123 -92 +726 —4o -538 +1,035 +162 -572 -360 +146 ±2i (B~8o4$> STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System May 20, 1937 For immediate release \ ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (in millions of dollars) Chicago New York City 19 3 6 1 9 37 19 3 6 19 3 7 May 19 Mayl2 May 20 May 19 May 12 May 20 ASSETS Loans and investments - total 8,318 8,322 8,561 Loans - total 3,787 3,805 3,247 Commercial) industrial, and agricultural loans« On securities Otherwise secured & unsecured Open market paper** Loans to brokers and dealers Other loans for purchasing or carrying securities -Real estate loans Loans to banks Other loans: On securities Otherwise secured & unsecured i,Sij 1 ' 6 0 7 157 159 1,127 1,133 647 650 423 •990 33) 390) 28 42 81 l4 3 81 14 3 * * 277 129 76 284 130 80 * 133 29 242) 412 * 166) 1,995 1,994 1,859 501 29 42 •45 * 15 6 58 U. S. Gov't obligations Obligations fully guaranteed by U. S. Gov't Other securities 3,022 3,027 3,655 956 953.. 979 434 543 434 1,075 1,056 1,116 95 297 95 296 92 287 Reserve • with F. R. bank Cash in vault Balances with domestic banks Other assets - net 2,496 2,480 2,294 51 51 55 68 ' 71 72 488 481 482 609 29 157 63 599 31 158 64 664 35 205 73 1,505 1,485 449 449 79 81 1,438 L I A B I L I T I E S Demand deposits - adjusted Time deposits U. S. Gov't deposits Inter-bank deposits i Domestic banks Foreign banks 6,392 6,338 6,162 70 4 578 704 198 4l 53 Borrowings Other liabilities Capital account 15 8 389 379 393 1,475 1,476 1,468 1,916 1,936 2,323 489 502 351 558 6 568 6 — — 20 236 A6 2 101 567 4 — 21 236 32 232 "^Comparable figures will not be available until the new report form has been in use for a year. ^•Beginning May 12, 1937, includes own acceptances held by reporting banks. ->OBfBeginning May 12, 1937, includes a small amount of loans to brokers and dealers other than on securities. (B—8o4a) . ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON MAY 19, 1937 B-RC;,b (In millions of dollars) Federal Reserve Districts San St. Hinne- I t o n w j p ^ ^ , New fphila- !Ol3ve-l RichFrancisco Boston York Sdelpliiajland j none Atlanta Chicago Louis apolis -kj i districts ASSETS 22,177 1,295 9,207 Loans and investments - total 694 4,223 9,500 Loans - total Commercial, industrial, and agricultural loans I 27 245 583 On securities 246 1,489 3,606 Otherwise secured & unsecured 119 175 496 Open market paper 44 1,137 1,323 Loans to brokers and dealers Other loans for purchasing or 37 357 722 carrying securities 83 239 1,162 Real estate loans 5 76 118 Loans to banks Other loansi 74 274 716 On securities 59 231 774 Otherwise secured & unsecured 428 3,255 8,314 U. S. Gov't obligations 22 473 1,162 Obligations fully guaranteed by U.S.Govt. 151 1,256 3,201 Other securities 244 2,619 5,349 Reserve with P. R. bank 59 67 329 Cash in vault 90 155 1,781 Balances with domestic banks 88 559 1,342 Other assets — net L I A B I L I T I E S 15,425 995 6,956 Demand deposits - adjusted Time deposits 45 1 182 U. S. Gov't deposits Inter-bank depositst 221 1,982 5,115 Domestic banks 490 9 527 Foreign banks 17 2 24 Borrowings 403 34 909 Other liabilities 236 1,610 3,591 Capital account http://fraser.stlouisfed.org/ V Bank of St. Louis Federal Reserve .- # ,187 454 1,886 699 626 242 556 273 3,051 971 663 291 381 164 690 252 481 214 2,154 1,023 44 156 27 25 40 225 20 18 15 91 13 4 34 114 4 7 50 527 53 50 45 126 11 6 10 71 8 2 19 133 21 4 10 116 2 3 44 38 61 2 38 181 4 22 28 2 18 27 4 96 80 7 13 45 9 9 6 2 15 19 1 19 21 1 60 372 5 46 55 347 92 294 291 16 135 90 118 55 856 58 273 334 39 172 108 27 40 268 44 72 136 18 128 4l 23 42 174 32 77 105 11 100 39 46 62 1,474 172 434 821 61 311 96 11 25 219 49 104 136 11 78 24 9 47 161 12 44 75 6 70 16 16 24 255 46 137 161 12 199 23 11 31 187 28 52 106 10 157 29 61 103 892 284 7 1,110 720 7 430 200 4 335 179 5 2,251 855 84 396 182 2 253 121 2 487 146 3 392 120 7 1,016 280 4 337 1 196 196 1 761 7 235 111 1 356 176 264 14 n • i - — — - — ' — — — 3 90 1 7 80 25 227 21 343 — 4 23 92 — 7 88 26 356 10 87 5 55 312 43 23 690 134 307 321 19 186 229 928 15 345 327
@FedFRASER