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Form FR-284 For immediate release STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System November 15, 1937 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 November 10; An increase of $19,000,000 in commercial, industrial and agricultural loans, and decreases of $24,000,000 in loans to brokers dnd dealers in securities, $23,000,000 in loans to banks, and $16,000,000 in "Other securities"; increases of $47,000,000 in demand deposits-adjusted and $24,000,000 in time deposits, and a decrease of $31,000,000 in Government deposits; and decreases of $60,000,000 in deposits credited to domestic banks and $28,000,000 in deposits credited to foreign banks. Commercial, industrial and agricultural loans increased $7,000,000 in Mew York City, $5,000,000 in the Chicago district and $19,000,000 at all reporting member banks* Loans to brokers and dealers in securities and loans to banks declined $23,000,000 and $22,000,000, respectively, in New York City. Holdings of United States Government direct obligations increased $22,000,000 in New York City and $12,000,000 in the Richmond district, and declined $10,000,000 in the Boston district, all reporting member banks showing a net increase of ^ $4,000,000 for the week* Holdings of obligations fully guaranteed by the United States Government declined $10,000,000 in New York City* Holdings of "Other securities" declined $8,000,000 in New York City and $16,000,000 at all reporting member banks. Demand deposits—adjusted increased $38,000,000 in New York City, $13,000,000 in the Philadelphia district and $12,000,000 in the San Francisco district, and. declined $20,000,000 in the Cleveland district and $13,000,000 in the Boston district, all reporting member banks showing a net increase of $47,000,000 for the week. Time deposits increased $23,000,000 in New York City. Government deposits declined $17,000,000 in New York City and $31,000,000 at all reporting member banks. Deposits credited to domestic banks declined $59,000,000 in New York City and $60,000,000 at all reporting member banks. Deposits credited to foreign banks declined $28,000,000 in New York City. , Borrowings of weekly reporting member banks declined -^11,000,000 during the week to $2,000,000. , A summary of the principal assets and liabilities of the reporting member bank: together with changes for the week and the year ended November 10, 1937, follows i un mij-iaons oi quj-uU D ) Increase or decrease since Nov. Nov. 10, Nov. 3, 10, 1936 1937 1937 A S S E T S —880 —46 21,608 Loans and Investments — total +836 -25 9,600 Loans — total Commercial,industrial, and agricultural loans I * -2 588 On securities * +21 4,192 Otherwise secured and unsecured * +4 481 Open market paper -277 —24 877 Loans to brokers and dealers in securities * -1 659 Other loans for purchasing or carrying securities +25 1,169 Real, estate loans -23 73 Loans to banks +2** 733 Other loans» On securities -2** 828 Otherwise secured and unsecured +4 7,972 U. S. Government direct obligations -9 1,128 Obligations fully guaranteed by U. S. Gov't -16 2,908 Other securities -16 5,309 Reserve with Federal Reserve banks +13 331 Cash in vault +11 1,755 Balances with domestic banks L__I_A_ B I L I T I E S +47 14,657 Demand deposit s--aajusted +24 5,302 Time deposits -31 416 U. S. Government deposits —6o 4,980 Inter-bank deposits; Domestic banks -28 448 Foreign banks -11 2 Borrowings ^Comparable figures not available. http://fraser.stlouisfed.org/ •**"*November 3 figures revised (Chicago district) Federal Reserve Bank of St. Louis +3 * * -1,295 -130 -291 -153 -72 -685 -722 +2.80 -180 -1,254 -8 +2 Form FR-284~a STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System November 12, 1937 For immediate release ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (In millions of dollars) Chicago New York City 1 9 3 6 19 3 7 19 3 6 19 3 7 Nov. 10 Nov* 3 Nov. 10 Nov. 10 Nov. 3 Nov. 10. A S S E T S , c Loans and Investments - Total 7,888 7,91) 8,642 1,949 1,936 2,048 Loans - Total 3,628 3,657 3,420 681 677 587 235 1,653 188 709 237 1,644 182 732 * 34 428 31 38 34 424 30 39 * 237 134 37 238 134 59 * 76 14 2 * 130 39 76 14 2 239 196 236 195 * * 22 36 22 36 * * U. S. Gov't obligations Obligations fully guaranteed by U. S. Gov't Other securities 2,929 2,907 3,742 912 904 1,102 382 949 392 957 462 1,018 100 256 100 255 93 266 Reserve with F. R. baik Cash in vault Balances with domestic banks Other assets - net 2,499 62 68 482 2,539 62 68 462 2,610 55 78 456 576 28 ' 146 61 589 29 146 61 652 35 198 69 Commercial,industrial, and agricultural loans I 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 loansi On securities Otherwise secured & unsecured * * 973 * * 35 14 6 L I A B I L I T I E S Demand deposits - adjusted Time deposits U. S. Gov't deposits Inter-bank depositsj Domestic banks Foreign banks 5,850 759 228 5,812 736 245 6,396 567 111 1,474 453 45 1,475 452 47 1,587 436 72 1,895 409 1,954 437 2,545 418 517 6 517 6 641 4 Borrowings Other liabilities Capital account 377 1,481 6 374 1,480 363 l,44l 19 246 18 246 23 239 "^Comparable figures not available. Form FRr*284—b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON NOVEMBER 10, 1937 (in millions of dollars) Total All Boston districts 21,608 Loans and Investments - total 9,600 Loans - total Commercial,industrial, and agricultural loans* 588 On securities 4,192 Otherwise secured & unsecured 481 Open market paper 877 Loans to brokers and dealers in securities Other loans for purchasing or 659 carrying securities 1,169 Real estate loans 73 Loans to banks Other loans* 733 On securities 828 Otherwise secured and unsecured 7,972 IT. S. Gdv't obligations 1,128 Obligations fully guaranteed by U.S.Gov't 2,908 Other securities 5,309 Reserve •with F. R» bank 331 Cash in vault 1,755 Balances with domestic banks 1,292 Other assets — net L I A B I L I T I E S 14,657 Demand deposits — adjusted 5,302 Time deposits 4l6 U.S. Gov't deposits Inter-bank deposits* 4,980 Domestic banks' 448 Foreign banks 2 Borrowings 867 Other liabilities 3,623 Capital accounts 1,255 689 New York Federal Reserve District St. MinnePhilar- Cleve1 Atlanta Chicago Louis apolis delphia land mond | San Kansas Dallas Francisco City 8,754 1,142 4,074 465 1,857 716 646 252 553 286 3,001 1,016 659 322 401 191 698 289 516 252 2,126 1,048 35 289 89 32 251 1,779 199 718 45 173 22 19 44 254 17 22 15 99 14 3 12 136 4 7 52 575 54 46 52 l46 10 5 11 90 7 1 18 164 24 4 13 146 4 3 40 341 37 17 35 84 6 314 242 38 37 60 2 40 176 3 19 29 2 15 27 3 90 86 6 13 46 8 9 6 14 21 1 16 21 1 57 371 3 64 55 415 23 128 265 37 105 82 271 262 3,139 427 1,114 2,662 80 147 554 49 58 314 94 269 234 19 126 87 119 41 818 61 262 325 39 169 105 30 41 284 46 64 129 20 131 41 25 57 155 34 78 104 11 100 39 47 60 1,405 188 392 780 64 296 92 12 30 193 47 97 139 11 96 23 13 54 153 13 44 79 6 73 16 15 28 244 49 116 167 12 179 23 10 38 185 28 51 110 11 143 29 78 104 667 118 293 315 21 190 201 976 272 18 6,418 1,170 235 801 287 8 421 1,056 198 745 6 9. 327 185 11 2,200 870 61 405 183 4 269 122 2 483 147 10 391 126 16 910 997 36 206 9 1 25 237 1,959 410 259 3 222 186 1 1 7 89 704 7 237 118 1 344 — — 186 1 241 15 — — — — — 318 1 —* 390 1,615 23 227 17 349 — — — — 28 92 — 23 368 10 89 — 7 56 — — 3 92 8 81 —" 326 328
@FedFRASER