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Form FR-284

STATEMENT FOR THE PRESS

For immediate r e l e a s e

Board of Governors
of t h e F e d e r a l Reserve System
November 27, 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 f o l l o w i n g p r i n c i p a l changes f o r the week ended November 22$ I n c r e a s e s of $26,000,000 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 ,
$32,000,000 i n l o a n s t o b r o k e r s and d e a l e r s i n s e c u r i t i e s , $92,000,000 i n r e s e r v e
b a l a n c e s with F e d e r a l Reserve banks and $314,000,000 i n demand deposits—adjusted,
and a decrease of $189,000,000 i n d e p o s i t s c r e d i t e d t o domestic banks*
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 $28,000,000 i n New
York City and $26,000,000 a t a l l r e p o r t i n g member banks*
Holdings of United S t a t e s Treasury b i l l s i n c r e a s e d $1-4,000,000 i n New York
C i t y , $12,000,000 i n t h e Kansas City d i s t r i c t and $11,000,000 a t a l l r e p o r t i n g
member banks, and decreased $10,000,000 i n t h e Chicago d i s t r i c t . Holdings of
Treasury n o t e s decreased $13,000,000. Holdings of "Other s e c u r i t i e s " i n c r e a s e d
$9,000,000 i n New York City and $6,000,000 a t a l l r e p o r t i n g member banks.
Demand d e p o s i t s - a d j u s t e d i n c r e a s e d $202,000,000 i n New York C i t y ,
$26,000,000 i n t h e Chicago d i s t r i c t , $13,000,000 i n the P h i l a d e l p h i a d i s t r i c t ,
$12,000,000 i n t h e San Francisco d i s t r i c t , $11,000,000 i n t h e Cleveland d i s t r i c t ,
$10,000,000 i n the Richmond d i s t r i c t , and $314,000,000 a t a l l r e p o r t i n g member banks.
Deposits c r e d i t e d t o domestic banks decreased $42,000,000 i n the Chicago
d i s t r i c t , $ 3 6 , 0 0 0 , 0 0 0 i n New York City, $17,000,000 i n t h e Cleveland d i s t r i c t ,
$16,000,000 i n t h e Kansas City d i s t r i c t , $15,000,000 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 $189,000,000 a t a l l r e p o r t i n g member banks.
Borrowings o f weekly r e p o r t i n g member banks amounted t o $1,000,000 on
November 22.
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, t o g e t h e r with changes f o r the week and t h e year ended November 22, 1939,
follows1
( i n m i l l i o n s of d o l l a r s )
I n c r e a s e or decrease
since
Nov* !
Hov, 23,
Nov.
15,
22,
1938
1939
1939
ASSETS
+1,786
+ 78
23,092
Loans and Investments - t o t a l
+ 314
+ 68
8,617
Loans - t o t a l
+ 26
519
4,388
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
—
26
+ 3
315
Open market paper
—
85
+ 32
620
Loans t o b r o k e r s and d e a l e r s i n s e c u r i t i e s
74
497
Other loans f o r purchasing o r carrying s e c u r i t i e s
+
+ 2
21
1,189
Real e s t a t e l o a n s
—•
77
36
- 3
Loans t o banks
+
+ 8
36
1,572
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

731
2,166
5,829
2,405
3,344

+ 11)
- 13)
+ 3)
+ 3
+ 6

Reserve with F e d e r a l Reserve banks
Cash i n v a u l t
Balances with domestic banks

9,790
483
3,079

+ 92
+ 8
- 87

+2,527
+
44
+ 622

18,918
5,2.52
534

+314
- 4
+ 1

+3,002
+ 127
—
3

7,930
711
1

-189

+1,731
+ 207
2

+

597

+ 723
4- 152

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. Government d e p o s i t s
Inter—bank d e p o s i t s :
Domestic banks
Foreign banks
Borrowings



—

Form FR—• 2.84
STATEMENT FOR THE PRESS
Board of Governors
of t h e Federal. Reserve System
November 2-4, .1939

For innediate r e l e a s e

ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENT FULL RESERVE CITIES
(in m i l l i o n s of d o l l a r s )
New York City
Increase or
decrease since
Nov. 15, Nov. 23,
1938
1939

Nov.
22,
1939

Nov.
22,
1939

Chicago
I n c r e a s e or
decrease since
Nov. 23,
Nov. 15,
1938
1939

ASSETS
Loans and Investments - t o t a l

8,930

+

72

+1,,2h9

2,077

Loans - t o t a l

3,003

+

6o

+

63

' 578

+

2

1,710
lll+
h9h

4*

2 8

+

302
22
7k

1+01
19
26

+

2

4-

+
—

36

66
ill

--

+

mm mm

-«

- •

52

—

—

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 to 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

168
115
26
376

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

555
8Ul
2,131

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

5,509
83
79
1+13

1,206
1,19U

+

h
31

3

-

+
+

+
-

+

-

—

+

-

1+

-

- -

-

-

63 .
l+o

! • • )

5)
l)
7
9
6o
7
1
h5

+

+
+

+

61+7

79
2hh
666

1+02
137

173
337

i,,l+8l+
16
5

**

a

l,lll+
la
21l6
1+8

+

,711
68
66

1,820
501
63

+

8/47

+

203

875
8

b5
8

15
2 Uk

+

10

-

+

61

59
--

10)
5)

1
3

+

1+8

+

56
10

)

3

- •

•f

+

-

—-

+

175

1
1

-

+

11
l
3
26

+

444-

2ll+
6
35
3

Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS




8 , 1 : 5 8

667
1+8

+ 2 0 2

-

a

288
1,1+79

-

-

36
1

+

21

3,b30
6

3

—

y

4-

28

+
44-

•*

23
2
1
25

4-

ro

Demand d e p o s i t s - a d j u s t e d
Time deposits
U, S. Gov't d e p o s i t s
Inter—bank d e p o s i t s t
Domestic banks
Foreign banks

F

L I A B I L I T I E S
3k
I
193
1
2
12

ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON NOVEMBER 22, 1939
( i n m i l l i o n s of d o l l a r s )
Total
Federal
Reserve
District
New
All
Cleve- RichSt.
Minne- Kansas
P
h
i
l
a
San
Atlanta Chicago
Boston
Dallas
districts
York
City
delphia land mond
Louis a p o l i s
Francisco
ASSETS
Loans and Investments - t o t a l

701

407

691

315

3,147
907

338

193

117
14
2

174
4
5

54O
35
30

204
8
4

15
39

76
110

73

11
32
1
88

116

13
52
3
54

39
323
102
275

11
214
599
121
279

3
184
129
55
66

5
39
97
72
96

82
427
928
311
492

3
55
135
74
96

33
113
25
43

5,639
102
203
547

433
19
214
102

518
44
351
102

188
22
215
41

124
13
201
46

1,387
73
544
81

220
11
186
23

1,187
236
14

9,109
1,039
67

953
279
52

1,321
733
41

491
201
28

394
191
40

2,611
945
111

7,930
711

324
24

3,520
646

406
6

433
1

311
1

278
1

1
720
3,707

1
20
246

16
222

17
372

34
97

9
95

697
260

624

427

1,903
679

1,823
119
498

196
24
21

2,53
6
20

21
81
1
126

225
202
26
465

31
56
1
98

26
174
3
197

731
2,166
5,829
2,405
3,344

22
57
335
50
122

555
897
2,310
1,303
1,363

9,790
483
3,079
1,329

469
143
167
82

18,918
5,252
534

23,092
8,617

1,191.
605

9,786

1,166

3,358

4,388
315
620

291
63
22

497
1,189
36
1,572

Treasury b i l l s
Treasury n o t e s
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

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

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
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS



• ••

1

——

292

541
276

2,238
967

104
3
1

179
17
3

185
2
2

322
20
12

7
9

10
26
1
56

14
22

48
386

69

—•

—

51

179

27
83
99
57
133

23
54
78
52
58

—

84
683
I83
321

103
7
114
17

189
16
319
22

135
11
.279
33

385
22
286
233

479'
190
19

310
119
3

539
145
23

471
138
30

1,053
1,036
106

1,153
9

351

148
1

425

269

312
22

20
383

6
96

8
59

3
102

4
87

289
346

— —

— —

294
1,602