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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 Federal Reserve System October 30, 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 the week ended October 251 I n creases of $45,000,000 i n loans t o brokers and d e a l e r s i n s e c u r i t i e s , $58,000,000 i n holdings of Treasury b i l l s , and $154,000,000 i n demand deposits—adjusted. 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 $6,000,000. Loans to brokers and d e a l e r s i n s e c u r i t i e s i n c r e a s e d $37,000,000 i n New York City and $4*^000,000 a t a l l r e p o r t i n g member banks. Other loans f o r purchasing or carrying 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, Holdings of Treasury b i l l s i n c r e a s e d $53,000,000 i n New York City and $58,000,000 a t a l l r e p o r t i n g member banks. Holdings of Treasury notes i n c r e a s e d $38,000,000 i n New York City and $19,000,000 at a l l r e p o r t i n g member banks, and declined $12,000,000 i n the Richmond d i s t r i c t and $8,000,000 i n t h e Cleveland d i s t r i c t , Holdings of United S t a t e s Government bonds declined $11,000,000 i n Now York City, $10,000,000 i n the Chicago d i s t r i c t , and $23,000,000 at 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 " declined $17,000,000 i n New York City and $18,000,000 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 rease d $100,000,000 i n New York C i t y , $31,000,000 i n t h e Chicago d i s t r i c t and $154,000,000 a t a l l r e p o r t i n g member banks. Time d e p o s i t s i n c r e a s e d $9,000,000 i n New York City and $12,000,000 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 declined $13,000,000 each i n t h e Kansas City and San Francisco d i s t r i c t s and $31,000,000 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 f o r e i g n banks i n c r e a s e d $22,000,000 i n Hew York City and $23,000,000 a t a l l r e p o r t i n g member banks. A summary of the 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 October 25, 1939, follows1 (In 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 Oct. since Oct, 18, Oct, 26, 25, 1938 1939 1939 ASSETS Loans and Investments - t o t a l -f 94 +1,164 22,657 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 l o a n s 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 l o a n s 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 8,479 4,292 318 593 510 1,180 32 1,554 56 6 4. 2 + 45 + 9 1 4 1 + + + + 133 385 27 135 62 15 71 28 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 629 2,145 5,854 2,226 3,324 + 58) + 19) + 474 + + 539 18 10,094 487 3,090 + 66 + 7 + 3* +2,894 + 49 + 595 18,721 5,251 538 +154 + 12 + 1 +2,726 + 95 8 7,852 820 1 31 + 23 +1,656 + 328 2 Reserve with Federal Reserve banks Cash i n v a u l t Balances with domestic banks + 23) + 2 — 18 — 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, 8. Government d e p o s i t s Inter—bank d e p o s i t s t Domestic banks Foreign banks Borrowings - * 0 c t . 18 f i g u r e s r e v i s e d (New York d i s t r i c t ) Fern FR—28-4 STATEMENT FOR THE PRESS Board of Governors of t h e Federal Reserve System October 26, 1939 For immediate r e l e a s e ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) Chicago I n c r e a s e or decrease since Oct. 26, Oct. 18, 1938 1939 New York City I n c r e a s e or Oct. decrease since Oct. 25, Oct. 26 Oct. 18, 25, 1939 1938 1939 1939 ASSETS Loans - t o t a l +107 + 2,936 + 45 - Commercial, i n d u s t r i a l and 1,663 agricultural loans 115 Open market paper 467 Loans t o brokers and d e a l e r s Other loans f o r purchasing or 179 carrying s e c u r i t i e s 114 Real e s t a t e loans 23 Loans t o banks 375 Other loans 1 2 + 37 + — 9 2 2 + 53) + 38) 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 411 814 2,160 Reserve xvith F. R. banks Cash i n v a u l t Balances with domestic banks Other a s s e t s - net 5,761 78 72 375 + 36 — — — — - + 11) 1 17 + 729 558 219 26 104 379 19 28 18 5 61 37 66 14 4 467 4" 31 + + 4- 162 4 2,090 32 8,61A 38 1 10 — -* + 3 — «—• — — 4- 1 3 + 2 + 98 3 l + 26 7 + 52 129 250 669 1 + — 5) 1) + ~ ) 313 19 154 330 1,128 41 246 47 + 14 1 3 4- 3 4-1,857 4- 15 — 5 72 8,356 662 48 +100 4- 9* — 1 +1,624 + 44 — 74 1,826 499 63 + 22 4- 130 4- 34 + 1 3,387 729 + + + 774 290 867 16 4 4" 1 + 4- 197 8 3 125 6 15 266 1 + 2 12 1,119 1,174 + - —• — *—* 4- 7 1 + 44 * 199 6 17 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 Time d e p o s i t s U. S. Gov't d e p o s i t s Inter-bank deposits I Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 9* 4- 22 • •Ml. • 242 1,476 — 4 4- 1 + — — 2 — - figures revised. Form Frl—284—b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON OCTOBER 25, 1939 Total New All Boston York districts ASSETS Loans and Investments - t o t a l federal P h i l a - Cleve- Richdelphia land mond Reserve District San S t . Minn©*- Kansas Dallas Atlanta Chicago Francisco Louis a p o l i s : City- 22,657 1,193 9,467 1,150 1,884 686 610 3,155 697 405 660 534 2,216 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 l o a n s 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 l o a n s 8,-479 602 3,294 423 678 259 305 880 332 189 284 270 963 4,292 318 593 287 64 23 1,777 121 471 198 26 19 258 6 20 116 13 3 165 4 4 515 34 31 200 8 4 101 3 1 174 17 3 180 2 ' 2 321 20 12 510 1,180 32 1,554 21 81 1 125 237 201 23 464 31 55 1 93 25 172 2 195 15 39 76 109 9 26 1 54 14 22 49 383 115 13 52 3 52 8 9 73 12 31 1 88 50 178 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. G o v ' t Other s e c u r i t i e s 629 2,145 5,854 2,226 3,324 19 56 340 45 131 411 876 2,341 1,205 1,340 •i 38 324 92 273 12 211 587 115 281 4 181 127 48 67 8 38 96 66 97 133 437 930 287 488 8 54 139 65 99 23 50 82 52 57 —— 33 113 26 44 11 87 95 52 131 10,094 487 3,090 1,249 494 144 l6o 80 5,903 97 192 468 420 19 218 101 519 46 354 103 187 23 211 38 124 14 208 47 1,424 74 545 80 214 12 184 23 97 7 109 18 196 16 344 23 134 12 271 30 382 23 294 238 18,721 5,251 538 1,195 237 14 8,966 1,041 67 920 281 52 1,304 731 42 485 201 28 391 189 42 2,639 939 111 476 191 20 303 119 2 541 145 23 464 136 30 1,037 1,041 107 7,852 820 324 36 3,478 730 405 ' 13 439 1 301 1 276 1 1,147 17 342 145 1 425 2,61 309 20 1 672 3,722 1 19 245 247 1,598 14 223 16 373 32 97 10 94 20 405 6 95 7 59 3 102 4 86 294 345 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 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 . Gov't d e p o s i t s I n t e r - b a n k deposits* Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS — — —~ 67 —, 84 680 173 316
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