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Form FR-284 STATEMENT FOR THE PRESS For i i m e d i a t e r e l e a s e Board of Governors of t h e F e d e r a l Reserve Syt item October 7 , 1940 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 l e a d i n g 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 t h e week ended October 2 : Increases of $55,000,000 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 , $72,000,000 i n d e mand d e p o s i t s — a d j u s t e d , and $193,000,000 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 l o a n s i n c r e a s e d $14,000,000 i n Hew York C i t y , $9,000,000 i n t h e Chicago d i s t r i c t , $8,000,000 i n t h e Cleveland d i s t r i c t , and $55,000,000 a t a l l r e p o r t i n g member banks. Loans t o 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 $23,000,000 i n New York C i t y and $31,000,000 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 Government d i r e c t and g u a r a n t e e d o b l i g a t i o n s i n c r e a s e d $58,000,000 i n New York C i t y , $18,000,000 i n t h e Richmond d i s t r i c t , and $83,000,000 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 " dec r e a s e d $9,000,000 i n New York City and $16,000,000 a t a l l r e p o r t i n g menber banks. s i d e New York C i t y , $26,000,000 i n t h e Boston d i s t r i c t , $15,000,000 i n t h e San F r a n c i s c o d i s t r i c t , $ 1 2 , 0 0 0 , 0 0 0 i n t h e Cleveland d i s t r i c t and $72,000,000 a t a l l r e p o r t i n g member banks, and d e c r e a s e d $17,000,000 i n t h e Chicago d i s t r i c t . Deposits c r e d i t e d t o domestic banks i n c r e a s e d $103,000,000 i n New York C i t y , $18,000,000 each i n t h e P h i l a d e l p h i a and Cleveland d i s t r i c t s and $193,000,000 a t 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 decreased $13,000,000 i n New York C i t y , 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 t h e week and t h e year ended October 2 , 1940, f o l l o w s J ( 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 Oct. S e p t . 25, Oct. 4, 2, 1940 1940 1939 ASSETS Loans and Investments - t o t a l +163 +1,831 24,329 Loans — t o t a l ' + 96 + 4io 8,785 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 + 55 + 379 4,630 Open market paper + 2 21 297 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 446 + 31 92 Other l o a n s f o r purchasing o r c a r r y i n g s e c u r i t i e s 460 - 2 4-5 Real e s t a t e l o a n s + 4l 1,220 - 3 Loans to banks + 6 + 5 41 Other l o a n s + 7 1,691 + 143 Treasury b i l l s 628 + 9 + 136 Treasury n o t e s + 56 18 2,112 U. S. bonds + 659 + 12 6,540 + 6 O b l i g a t i o n s g u a r a n t e e d by U. S. Gov't 2,582 + 342 Other s e c u r i t i e s - 16 + 302 3,682 Reserve with F e d e r a l Reserve Banks Cash i n v a u l t Balances w i t h domestic banks 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. Government d e p o s i t s Inter-bank deposits: Domestic banks Foreign banks Borrowings 11,646 4S5 3,307 + 30 - 23 + 59 +1,820 + 14 + 273 21,152 5,359 530 + 72 + 7 + 1 +2,846 + 123 10 8,734 678 1 +193 - 14 + 900 — 84 — — — — Forn F. R. 284 STATEMENT FDR THE PRESS Board of Governors of t h e Federal Reserve Systen October 3, 1940 For immediate r e l e a s e ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANES IN CENTRAL 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 s;ince Oct. S e p t . ;251 Oct . 4 2 1940 1940 1939 Oct. 2 1940 Chicago Increase or d e c e a s e sincc Sept. 25 Oct . A 1940 1939 ASSETS Loans and Investments - t o t a l 9,687 + 91 +1,162 2,2.20 Loans ~ t o t a l 2,870 + 42 - 5 1,767 79 324 + 14 + 5 + 23 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 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 to banks Other loans 161 120 33 386 — - + — 2 3 6 1 + — — - + + + 3 149 623 + 11 68 112 38 88 432 22 27 + 12 3 7 11 59 18 — + + 292 1,054 2,621 — 1,405 1,445 — Reserve with F. R. Banks Cash i n v a u l t Balances with domestic banks Other a s s e t s - n e t 6,466 81 82 332 + 12 — 9,688 725 36 + + + +1),478 + 71 — 13 1,971 506 94 ~ 3,790 623 +103 13 + — 401 52 1,001 7 - 291 1,495 + 10 4 + + 43 19 14 261 + + 18 + 40 24 + 24 — 9 8 3 - + — «— w 14 + 129 72 44 250 177 713 - 14 + 15 + 11 + + 277 203 104 353 - 20 + 815 3 8 41 + + 7 4 + 28 268 447 - + — + - 16 1,281 42 267' + 6 + 2 44 — A 2 + + — 53 — —» — — + 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 2 + + — —• — —• 65 7 — — — + + + — 53 33 188 2 26 4 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 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 - 3 4 1 6 — — + + — — + 1 1 + mm 195 8 31 139 7 mm 3 - 5 Form F. R. 284-b ASSETS MD LIABILITIES OF WEEKLY REPORTING MMBER BANKS IN 101 LEADI1IG CITIES OH OCTOBER 2, 1940 Total All Boston districts 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 a g r i c u l t u r a l loans Open market paper 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 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 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 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 . 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 II en York F e d e r a l Philar- Cleve- Richd e l p h i a land mond R e s e r v e Di s t r i c t S t . Minne- Kansas [Dallas Atlanta Chicago Louis a p o l i s City 24,329 8,785 1,195 10,575 1,201 1,923 726 646 3,4)6 714 410 691 625 3,239 475 738 284 321 993 335 201 4,630 297 446 311 65 12 1,901 82 328 226 36 23 299 8 18 129 11 3 160 2 5 597 42 31 186 9 4 460 1,220 41 1,691 628 2,112 6,540 2,582 3,682 18 80 1 138 17 39 336 53 125 211 199 33 485 294 1,114 2,846 1,480 1,602 31 50 1 108 14 46 10 33 1 110 68 125 33 326 94 273 24 179 1 209 1 155 618 136 275 12 57 2 65 10 39 150 72 108 11,646 485 3,307 1,196 684 144 193 72 6,655 99 238 422 487 20 228 80 21,152 5,359 530 1,357 235 13 10,407 1,095 61 8,734 678 1 716 3,793 398 18 1 20 246 3,887 624 461 5 503 1 — 297 1,618 14 215 16 382 — — 81 — — 314 543 278 2,299 982 103 3 1 184 22 3 184 2 2 350 15 16 7 11 9 31 14 23 1 52 33 40 85 48 59 161 147 65 69 3 41 105 66 110 724 47 358 95 213 21 252 38 136 13 211 49 1,606 74 608 78 235 11 171 22 26 112 28 43 108 6 127 17 1,013 1,460 261 742 47 43 547 204 33 428 190 42 2,897 974 138 502 190 15 311 117 2 330 289 1 1,331 8 346 — — — 168 2 36 100 10 95 19 405 5 95 7 61 — — 65 18 64 86 76 133 198 16 319 23 144 11 287 30 42 386 1 172 2 72 708 192 343 456 23 315 270 552 146 19 499 135 32 1,179 1,070 85 421 256 1 344 18 3 4 88 285 38 2 — — 130 2.50 328 1,021 272 542 — — San Francisco 76 — — — 106
@FedFRASER