The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATEMENT FOR THE PRESS Form FR—284 For immediate r e l e a s e Board of Governors of the Federal Reserve Systen November 13, 1939 Condition of Weekly Reporting Member Banks I n 101 Leading C i t i e s The c o n d i t i o n statement of weekly r e p o r t i n g member banks i n 101 leading c i t i e s shows t h e following p r i n c i p a l changes f o r t h e week ended November 8$ I n c r e a s e s of $20 ? 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 l o a n s , $35,000,000 i n h o l d i n g s of Treasury b i l l s and $53,000,000 i n holdings of Other s e c u r i t i e s " ; d e c r e a s e s of 633,000,000 i n r e s e r v e balances with Federal Reserve banks and $22,000,000 i n b a l a n c e s with domestic banks; and an i n c r e a s e of $10A,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 i n c r e a s e d $15,000,000 i n the Chicago d i s t r i c t and $20,000,000 at a l l r e p o r t i n g member banks. Holdings of Jnrted S t a t e s Treasury b i l l s i n c r e a s e d $53,000,000 i n New York City and_$35,000,000 at a l l r e p o r t i n g member banks and declined $21,000,000 i n the Chicago d i s t r i c t . Holdings of Treasury n o t e s i n c r e a s e d $9,000,000 i n New York City and $10,000,000 a t a l l r e p o r t i n g member banks. Holdings of "Other s e c u r i t i e s i n c r e a s e d $47,000,000 m New York City and $53,000,000 a t a l l r e p o r t i n g member banks. Demand deposits—adjusted i n c r e a s e d $53,000,000 i n New York C i t y , $31,000,000 i n t h e P h i l a d e l p h i a d i s t r i c t and $10-4,000,000 a t a l l r e p o r t i n g member Deposits c r e d i t e d t o domestic banks decreased $24,000,000 i n New York City and inc r e a s e d $6,000,000 i n t h e Dallas d i s t r i c t and $5,000,000 each i n t h e St.Louis and Minneapolis d i s t r i c t s , a l l r e p o r t i n g member banks showing a net decrease of $2,000,000. Deposits c r e d i t e d t o f o r e i g n banks declined $6,000,000. Borrowings of weekly r e p o r t i n g member banks amounted t o $1,000,000 on November 8. , 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 t h e year ended November 8, 1939, follows i (In m i l l i o n s of d o l l a r s ) Increase or decrease since Nov. 9 , Nov. 1, 1938 1939 ASSETS Loans and Investments - t o t a l 22,835 +107 +1,471 + 194 + 433 26 - 123 70 + 19 80 + 41 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 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 l o a n s Loans t o banks Other loans 8,521 4,330 316 594 500 1,184 37 1,560 + 20 - 1 - 9 - 12 + + 1 1 Treasury b i l l s Treasury notes U. S. bonds O b l i g a t i o n s guaranteed by U. S. Gov't Other s e c u r i t i e s 702 2,169 5,849 3,344 + + + + 35) 10) 9) 18 53 Reserve with F e d e r a l Reserve banks Cash i n v a u l t Balances with domestic banks 9,852 500 3,089 - 33 + 42 - 22 +2,868 + 41 + 658 18,660 5,250 535 +104 + 1 - 2 +2,949 + 113 7,952 721 1 - 2 — 6 + 1 +1,770 + 266 2 2,250 —— + 579 + + 571 127 L I A B I L I T I E S Demand deposits—adjusted Time d e p o s i t s U. S. Government d e p o s i t s Inter-bank deposits: Domestic banks Foreign banks Borrowings Form FR-284 STATEMENT FOR THE PRESS Board of Governors of t h e Federal Reserve System November 9 , 1939 For immediate r e l e a s e ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER 3AUKS IN CENTRAL RESERVE CITIES ( i n m i l l i o n s of d o l l a r s ) New York City Increase or decrease since Nov, 8, 'Nov. 1) Nov. 9, 1938 1939 1939 Nov. a, 1939 Chicago I n c r e a s e or decrease since Nov. 9> Nov. 1, 1938 1939 ASSETS — 6 + 150 570 + + 249 24 107 395 18 25 + 12 29 4 66 40 67 14 Loans and Investments - t o t a l 8,771 + 92 +1,006 2,080 Loans - t o t a l 2,939 - 16 - 21 1,674 115 467 + - Commercial, i n d u s t r i a l and agricultural 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 t o banks Other loans 170 114 26 373 2 2 5 - 10 + — — — — + - 2 3 — 51 - 9 2 50 + 54 2 — 6 — - 1 + 3 + 1 585 102 250 667 - 21) — ) — ) + 67 339 103 158 333 + + + + 27 6 - 74 + 11 - 1 + 5 +1,751 + 14 4 — 60 1,133 42 242 48 + 6 + 2 - 5 + 294 + 6 + 35 3 8,265 + 53 +1,658 + 68 — 65 1,811 500 63 - 7 + 238 + 34 + 1 3,416 648 - 24 — 3 + + 878 250 874 12 + 3 + 192 + 5 266 1,480 + 7 — - 3 72 7 16 269 + 1 + Treasury b i l l s Treasury n o t e s U. S. bonds Obligations guaranteed by U, S.Gov't Other s e c u r i t i e s 515 844 2,149 + 53) + 9) - 12) + 1,132 1,192 + 11 + 47 + + 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 5,486 35 71 377 2 4 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 Tine d e p o s i t s U. S. Gov't d e p o s i t s Inter-bank 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 666 -49 — — 1 13 ASSETS A11D LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IH 101 LEADING CITIES ON NOVEMBER 8 , 1939 (in m i l l i o n s of d o l l a r s ) Reserve Total Federal District New RichS t . Minne- Kansas Dallas All CleveP h i l a San Boston Atlanta Chicago City districts York d e l p h i a land mond Francisco Louis a p o l i s 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 agricultural loans Open market paper Loans t o brokers and d e a l e r s 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 O b l i g a t i o n s guaranteed by U. S. Gov't Other s e c u r i t i e s Reserve with F»R. bank Cash i n v a u l t Balances with domestic banks Other a s s e t s — n e t 22,335 1,192 9,625 1,157 1,888 691 6l6 3,142 597 409 669 537 2,212 8,521 605 3,295 425 677 261 310 896 336 194 287 274 961 4,330 316 594 289 63 24 1,787 121 471 198 25 21 253 6 20 117 14 3 167 5 5 534 33 28 203 8 4 105 3 1 176 16 3 3.83 2 2 318 20 12 500 1,184 37 1,560 21 81 1 126 - 227 201 26 462 31 55 1 94 26 173 3 196 15 39 77 109 10 26 1 55 14 22 115 13 52 3 53 . 8 9 73 10 32 1 90 48 385 1 177 702 2,169 5,849 2,250 3,344 20 515 55 903 337 2,331 44 1,220 131 1,361 38 324 95 275 10 212 592 118 279 4 184 126 49 67 9 37 97 67 96 106 433 928 292 487 3 54 138 67 99 448 20 220 100 520 46 352 103 196 23 216 38 125 14 206 46 1,417 75 538 82 231 13 189 23 9,852 500 3,089 1,269 484 144 168 82 5,622 106 201 492 —— —- — 68 Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 51 32 114 26 43 13 84 101 52 132 22 53 80 50 58 101 7 120 16 186 16 331 22 140 12 270 33 382 24 278 232 — 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 d e p o s i t s U, S. Gov't d e p o s i t s Inter—bank deposits* Domestic banks Foreign banks —— — 84 681 170 316 - 18,660 5,250 535 1,201 236 14 8,905 1,042 68 956 282 52 1,312 730 42 489 201 28 391 190 40 2,598 943 13.0 485 191 19 309 119 3 527 145 23 462 136 30 1,025 1,035 106 7,952 721 329 24 3,507 649 411 8 433 1 314 1 280 2 1,161 13 356 1 155 1 424 273 — 309 21 1 693 3,733 1 19 246 — — —— 3 .102 4 87 287 345 272 1,603 14 222 17 374 34 97 —— 10 94 20 409 — 6 95 7 59
@FedFRASER