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Form F. R. 284 , STATEMENT FOR THE PRESS For immediate r e l e a s e Board of Governors of the Federal Reserve System May 26, 1941 Condition of Weekly Reporting Member Banks i n Leading C i t i e s The condition statement of weekly reporting member banks i n 101 leading c i t i e s shows the following p r i n c i p a l changes f o r the week ended May 21i An increase of $35,000,000 i n commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans, a decrease of $118,000,000 i n holdings of obligations guaranteed by the United S t a t e s Government, and increases of $308,000,000 in reserve balances with Federal Reserve Banks and $419,000,000 i n demand d e p o s i t s - a d j u s t e d . Commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans increased $22,000,000 i n New York City and $35,000,000 a t a l l reporting member banks. Loans t o brokers and dealers i n s e c u r i t i e s increased $10,000,000. Holdings of obligations guaranteed by the United States Government decreased $87,000,000 i n New York City, $26,000,000 i n the Chicago d i s t r i c t , and $118,000,000 at ail reporting member banks. Holdings of "Other s e c u r i t i e s " increased $53?000,000 i n New York City and $61,000,000 at a l l reporting member banks. Den and deposits-adjusted increased $276,000,000 i n New York City, $56,000,000 i n t h e Chicago d i s t r i c t , $37,000,000 i n the Cleveland d i s t r i c t , $25,000,000 i n the New York d i s t r i c t outside New York City, $22,000,000 i n the Philadelphia d i s t r i c t , and $419,000,000 a t a l l reporting member banks. Deposits c r e d i t e d t o domestic banks decreased $13,000,000. A summary of t h e p r i n c i p a l a s s e t s and l i a b i l i t i e s of r e p o r t i n g member banks, together with changes f o r the week and the year ended May 21, 1941,follows» (In millions of dollars) Increase or decrease since May 22, May 14, 1940 ASSETS Loans and Investments - t o t a l 27,798 10,046 Loans - t o t a l ' Commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans 5,639 360 ' Open market paper 455 Loans to brokers and dealers i n s e c u r i t i e s Other loans f o r purchasing or carrying s e c u r i t i e s 447 1,237 Real e s t a t e loans 40 Loans to banks 1,868 Other loans Treasury b i l l s Treasury notes (J. S. bonds Obligations guaranteed by U. S. Gov't Other s e c u r i t i e s Reserve with Federal Reserve Banks Gash i n v a u l t Balances with domestic banks + 56 +4,254 + + + + + +1,484 +1,248 + 33 89 27 + 44 4 + 279 93 35 1 10 4 —-* + 43 975 2,217 7,780 3,019 3,761 + 14 - 3 + 9 -118 + 61 + 302 + 298 +1,267 11,433 535 3,530 +308 - 19 + 46 + 237 + 50 + 26l 24,265 5,426 421 +419 - 9 + 2 +4,064 + 114 - 156 9,169 658 1 - 13 - 3 + 683 - 34 + 630 + 273 L I A B I L I T I E S Demand deposits—adjusted Urne deposits . S. Government deposits Interbank depositst Domestic banks Foreign banks orrowings Form F. R. 28/r-a STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System May 22, 1941 For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (In millions of d o l l a r s ) New York City Increase or decrease since May May 22, 21 May 14, 1940 1941 Chicago Increase or decrease since May May 22, 21 May 14, 1940 1941 1941 ASSETS 20 + 390 795 + 15 + 205 580 25 30 + 7 + 1 1 + + 11,635 + 19 +2,470 2,615 3,321 + 70 + 452 2,149 89 332 + 22 + 14 + 478 — 18 — 71 163 113 32 443 + 3 - 1 + - + 34 + Treasury b i l l s Treasury notes U. S. bonds Obligations guaranteed by U. S, Gov't Other s e c u r i t i e s 486 1,454 3,206 14 + 3 - 6 + 1,733 V-35 - 87 + 53 + Reserve xvith F. R. Bank Cash i n v a u l t Balances with domestic banks Other a s s e t s - net 6,001 85 105 328 +256 — Loans and Investments - t o t a l Loans - t o t a l Commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans Open market paper Loans t o brokers and d e a l e r s Other loans f o r purchasing or carrying s e c u r i t i e s Real e s t a t e loans Loans to banks Other loans - 2 3 7 5 72 54 21 + 228 492 + 659 314 125 465 + 174 129 414 + 16 + + 498 4 18 34 1,146 42 283 44 11,181 724 19 +276 - 3 + 1 +1,849 + 67 25 2,207 500 95 3,833 + 18 + 108 40 1,035 8 282 1,519 + — - — 4 - 1 85 838 + 169 6 3 + 10 4 8 + 39 + 27 + 1 + 1 — — + — + 53 34 + 124 25 + 1 - + 48 + + 7 + + + 27 5 1 3 + 49 + 1 5 + 314 4 + 11 - 2 2 - 6 L I A B I L I T I E S Demand d e p o s i t s - a d j u s t e d Time deposits U, S. Gov't deposits Interbank deposits: Domestic bonks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 596 S 2 + 16 17 17 268 ** — 18 — —— + + + j. 83 1 1 14 Form F. E. 234-b ASSETS AND LIABILITIES OF REPORTING MEMBER BANKS IN 101 LEADTUG CITIES ON MAY 21, 1941 ^ (in millions of d o l l a r s ) F e d e r a l R e s e r v e D i s t r i c t Total Minne- Kansas Dallas Cleve- Rich- Atlanta Chicago S t . San New P h i l a All Boston mond City Louis apolis delphia land Francisco districts York ASSETS Loans and Investments - t o t a l Loans - t o t a l Commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans Open market paper Loans t o brokers and dealers i n s e c u r i t i e s Other loans f o r purchasing or carrying s e c u r i t i e s Real e s t a t e loans Loans t o banks Other loans Treasury b i l l s Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other s e c u r i t i e s Reserve with F. R. Banks Cash i n v a u l t Balances with domestic banks Other a s s e t s - net L I A B I L I T I E S Demand deposits—adjusted Time deposits U. S.Gov't deposits Interbank d e p o s i t s : Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 27,798 10,046 1,342 722 12,581 3,714 1,294 524 2,117 849 717 309 704 5,639 360 455 380 81 12 2,292 103 336 276 40 25 392 12 16 148 12 3 193 447 1,237 40 1,868 16 81 4 148 210 194 32 547 29 50 20 182 1 226 13 48 85 119 159 975 2,217 7,780 3,019 3,761 34 38 346 70 132 85 272 1 51 225 62 69 5 45 106 61 116 11,433 535 3,530 1,273 611 1,535 6,205 108 7 153 687 153 268 68 495 597 24 208 82 805 52 402 90 304 25 287 42 1,222 1,745 261 747 13 39 630 150 189 486 1,497 3,467 1,832 238 24,265 1,425 12,040 1,091 5,426 230 40 421 13 9,169 658 1 767 3,862 393 22 1 30 246 3,926 597 — 104 —— • 25 388 469 6 — 289 1,644 524 1 15 219 208 . 29 368 — — 19 391 38 102 371 3,957 1,243 868 391 421 756 207 353 599 313 2,442 1,050 6 4 803 46 35 222 19 4 101 3 1 209 23 4 211 2 3 412 15 10 11 36 67 133 13 60 6 14 10 12 23 40 384 1 188 2 — — ' — 82 32 — , — 75 62 23 34 34 114 43 315 220 1,242 320 617 73 68 37 185 71 116 1 19 117 36 41 178 16 274 51 1,529 82 628 76 211 14 191 22 113 7 136 16 46 102 99 133 208 18 325 20 510 192 37 3,314 1,006 126 554 192 16 331 112 2 595 145 10 562 136 29 1,337 1,106 67 370 2 1,373 9 441 179 1 46 5 ——- 291 1 370 19 4 91 316 — 15 97 61 154 13 317 31 1 52 801 187 351 518 26 335 280 —— 23 421 7 96 7 61 4 108 386
@FedFRASER