The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Form FR-284 For immediate release STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve Systen October 28, 1940 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 October 23$ Increases of $24,000,000 in commercial, industrial, and agricultural loans, $146,000,000 in reserve balances with Federal Reserve Banks, and $326,000,000 in demand deposits-adjusted, and a decrease of $189,000,000 in deposits credited to domestic banks. Commercial, industrial, and agricultural loans increased $18,000,000 in New York City and $24,000,000 at all reporting member banks. Loans to brokers and dealers in securities decreased $10,000,000 in New York City and $17,000,000 at all reporting member banks. Holdings of United States Government direct and guaranteed obligations increased $26,000,000 in New York City and $46,000,000 at all reporting member banks. Holdings of "Other securities" increased $1.0,000,000 in New York City and $28,000,000 at all reporting member banks. Demand deposits-adjusted increased $194,000,000 in New York City, $53,000,000 in the Chicago district, $23,000,000 in the Philadelphia district, $19,000,000 in the Cleveland district, $18,000,000 in the Boston district,and $326,000,000 at all reporting member banks. Deposits credited to domestic banks decreased $57,000,000 in New York City, $41,000,000 in the Chicago district, $16,000,000 in the San Francisco district, and $189,000,000 at all reporting member banks. Deposits credited to foreign banks increased $7,000,000, A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended October 23, 1940, follows: (in millions of dollars) Increase or decrease Oct, since Oct, 16, Oct. 25, 23, 1940 1940 1939 ASSETS Loans and Investments - total + 87 24,489 +1,832 Loans - total 8,890 + 411 + 13 + 454 Commercial, industrial, and agricultural loans + 244,746 - 17 Open market paper 301 Loans to brokers and dealers in securities 420 - 17 173 56 Other loans for purchasing or carrying securities 454 - 4 + Real estate loans 1,223 + 3 43 6 + Loans to banks - 1 38 + 154 Other loans + 8 1,708 + Treasury bills + 13 702 73 Treasury notes 1,816 + 5 329 + 16 U. S. bonds + 945 6,799 + 391 + 12 Obligations guaranteed by U. S. Gov't 2,617 4- 341 + 28 Other securities 3,665 +146 Reserve with Federal Reserve Banks +1,897 11,991 + 26 + 28 Cash in vault 515 - 88 + 227 Balances with domestic banks 3,317 LIABILITIES +326 +2,922 Demand deposits-adjusted 21,643 + 2 + 104 Tine deposits 5,355 - 1 U. S, Government deposits 529 9 Inter—bank deposits: + 915 -139 Domestic banks 8,767 — + 7 687 Foreign banks 133 1 Borrowings — — - - - — — Form F. R. 284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System October 24, 1940 For immediate release ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (in millions of dollars) New York City Increase or Oct. decrease since 23 Oct. 16, Oct. 25, 1940 1940 1939 Oct. 23 1940 Loans and Investments - total 9,6.51 + 43 +1,037 2,275 Loans - total 2,887 + 7 - 49 1,818 79 297 + 18 + 1 - 10 - - Chicago Increase or decrease since Oct, 16, Oct, 25, 1940 1939 ASSETS Commercial, industrial, and agricultural loans Open market paper Loans to brokers and dealers Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans Treasury bills Treasury notes U, S. bonds Obligations guaranteed by U. S. Gov't Other securities Reserve with F. R. Banks Cash in vault Balances with domestic banks Other assets - net 156 119 30 388 2 — — — — ~ — + 24 + 185 650 + 7 + 92 + 155 36 — 170 460 22 28 + 7 + + 81 3 23 5 7 13 58 19 — + + + — ~ 63 — ^ -7 — ~ + — + 335 949 2,646 + 2 + 3 + 12 76 + 135 + 486 247 135 775 + 13 1,442 1,392 6,678 83 80 324 + 9 + 10 + 323 + 218 + 917 + 5 + 8 51 104 364 + 1,311 42 281 43 + 17 + 1 - 13 +1,533 + 58 13 2,060 508 94 + 47 + 1 + 369 102. 1,007 7 - 21 + 1 +127 + 3 - 5 - 21 - - - ~ - — — 8 5 — — —• — - - - — — 4 <"• — 11 + 118 115 + 106 — - + 50 34 + I83 + 1 + 35 4 — LIABILITIES Demand deposits-adjusted Time deposits U. S, Gov't deposits Inter-bank deposits8 Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 9,889 720 35 +194 + 1 3,756 6.27 - 57 291 1,498 + 8 + i — — — — - — + + 49 22 15 261 — — ~ + 234 + 9 + 31 + — 140 9 — + 1 — 5 Forn F. R. 264-b ASSETS Aim LIABILITIES OF WEEKLY REPORTING MEMBER BP®IS IE 101 LEADI1IG 3ITIES ON OCTOBER 23, 1940 (in trillions of dollars) F e d e r a l Res erv e D i s t r i c t Total San Phila- Cleve- Rich- Atlanta Chicago St. Minn— Kansas Dallas All Boston Hew Francisco City apolis Louis York delphia land mond districts ASSETS Loans and Investments - total Loans - total Commercial,industrial, and agricultural loans 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 Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U* S. Gov't. Other securities Reserve with F. R. Bank Cash in vault Balances with domestic banks Other assets — net LIABILITIES Demand deposits—adjusted Time deposits U. S. Gov't deposits Inter—bank deposits-* Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 24,489 1,206 627 8,890 210 712. 320 554 284 2,306 977 10,533 1,206 478 3,253 1,942 737 739 289 668 339 3,471 1,032 730 344 422 4,746 301 420 310 68 12 1,946 83 302 227 37 23 298 8 17 133 11 3 172 2 6 629 42 34 195 10 4 108 3 1 188 22 3 189 2 2 351 13 13 454 1,223 38 1,708 702 1,816 6,799 2,617 3,665 18 80 1 138 21 38 343 54 123 206 198 30 488 32 50 1 108 24 181 1 208 9 14 47 67 127 7 12 133 249 257 1,100 272 561 12 57 1 65 10 33 159 72 112 13 23 1 54 37 33 95 46 59 11,991 515 3,317 1,206 719 147 184 72 1,662 77 603 76 255 13 177 22 9 31 1 66 28 56 93 81 134 202 18 323 23 139 12 296 31 42 384 1 173 2 67 719 192 349 470 25 342 273 565 147 19 502 134 32 1,212 1,065 85 438 270 1 353 18 4 89 303 380 21,643 1,398 233 5,355 529 13 8,767 687 1 738 3,798 395 22 1 19 247 340 990 2,878 1,520 1,552 6,844 105 228 431 — we 29 335 93 271 493 22 231 80 10,592 1,033 261 1,090 60 47 639 134 279 81 4 H3 205 59 69 734 50 357 93 219 24 255 39 10 33 1 115 2 36 112 66 113 146 15 205 48 1,494 557 743 204 42 34 434 191 42 3,014 978 138 524 192 15 318 164 1 1AA — — — — 3,851 629 458 4 496 1 346 1 307 2 1,323 8 366 298 1,621 14 215 17 383 36 98 11 95 21 5 95 407 79 20 121 28 43 108 7 116 18 117 2 7 62 — — 3 106
@FedFRASER