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Form FR-284

For immediate release

STATEMENT FOR THE PRESS
Board of Governors
of the Federal Reserve System
September 13, 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 September 81 An inr*
crease of $50,000,000 in commercial, industrial and agricultural loans and a decrease of #29,000,000 in loans to brokers and dealers in securities; a decrease of
$113,000,000 in demand deposits-adjusted, and increases of $21,000,000 in time deposits, $17,000,000 in Government deposits and $33,000,000 in deposits credited to
domestic banks.
Commercial, industrial and agricultural loans increased $3-4,000,000 in New
York City and $50,000,000 at all reporting member banks. Loans to brokers and
dealers declined $25,000,000 in Hew York City and #29,000,000 at all reporting
member banks. Other loans for purchasing or carrying securities declined
^$16,000,000 in New York City and $9,000,000 at all reporting member banks, and increased $6,000,000 in the Chicago district.
Holdings of United States Government direct obligations declined $3,000,000
and holdings of obligations fully guaranteed by the United States Government increased $2,000,000. Holdings of "Other securities" declined $7,000,000 in the
Chicago district and $17,000,000 at all reporting member banks*
Demand deposits-adjusted declined $61,000,000 in New York City, $33,000,000
in the Cleveland district, $21,000,000 in the Chicago district and $113,000,000 at
all reporting member banks. Time deposits increased $16,000,000 in New York City,
$5,000,000 in the Chicago district and $21,000,000 at all reporting member banks.
Government deposits increased $12,000,000 in New York City and $17,000,000 at all
reporting member banks. Deposits credited to domestic banks declined $36,000,000
in New York City and increased in the other districts, the principal increases
being $15,000,000 in the Richmond district and $11,000,000 in the Dallas district,
and all reporting member banks showing a net increase of $33,000,000.
Borrowings of weekly reporting member banks amounted to $23,000,000 on September 8, an increase of $12,000,000 in New York City being partly offset by reductions
of $4,000,000 elsewhere.
A summary of the principal assets and liabilities of the reporting member
banks, together with changes for the week and the year ended September 8,1937,folio?
(in millions of dollars)
Increase or decrease
since
Sent. 8,
Sept. 9,
Sept. 1,
1937
1936
1937
ASSETS
-118
-4
Loans and investments - total
22,315
+1,414
Loans - total
+l4
10,041
Commercial,industrial, and agricultural loansl
*
On securities
595
*
+50
Otherwise secured and unsecured
4,093
*
464
Open market paper
-2
+122
Loans to brokers and dealers in securities
-29
1,363
*
Other loans for purchasing or carrying securities
694
-9
-1
+17
Real estate loans
1,163
+6
l4l
+53
Loans to banks
*
-1
Other loansi On securities
716
*
—
—
Otherwise secured and unsecured
812
1,060
U. S» Government direct obligations
8,190
-3
+2
-105
Obligations fully guaranteed by U. S. Govt.
1,132
Other securities
-367
-17
2,952
-24
Reserve with Federal Reserve banks
+53
5,162
+26
-87
Cash in vault
307
—6 56
Balances with domestic banks
-19
1,619
L I A B I L I T I E S
Demand deposits-adjusted
-107
14,811
-113
Time deposits
+21
5,289
+253
U. S. Government deposits
608
+17
-213
Interbank deposits i Domestic banks
4,916
-985
+33
Foreign banks
-2
+177
583
Digitized Borrowings
for FRASER
+8
+1
23
http://fraser.stlouisfed.org/
•^Comparable figures not available.
Federal Reserve Bank of St. Louis
—

—

Form FR-284-a
STATEMENT TOR THE PRESS
Board of Governors
of the Federal Reserve System
September 9, 1937

For immediate release

ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES
(in millions of dollars)
Chicago
New York Cti-ty
19 3 6
1
9
3 7
9
3
1
6
19 3 7
Sept. 8 Sept. 1 Sept. 9 Sept. 8 Sept. 1 Sept. 9
ASSETS

,

Loans and investments - total

8,370

8,377

8,758

Loans - total

4,083

4,085

3', 351

244
1,608
164
1,146

*
242*
1,576
*
164
1,171 1,052

Commercial, industrial and
agricultural loans*
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

*

2,018

2,014

2,025

723

717

579

33
450
31
52

33
449
30
54

*
*
*

75
14
2

*

*
*

36

259
134
105

275
134
101

132
56

80
14
2

22?
• 194

227
195

*
*

23
38

24
36

U. S. Gov't obligations
Obligations fully guaranteed by
U. S. Govt.
Other securities

2,932

2,933

3,832

925

923

1,063

450
398
961' 1,125

100
270

99
275

91
292

Reserve with F. R. bank
Cash in vault
Balances with domestic tanks
Other assets - net

2,360
53
68
463

2,412
' 48
65
467

2,388
53
70
465

570
24
122
63

571 .
25
125
63

654
35
i9o
70

397
958

15
5

L I A B I L I T I E S
Demand deposits - adjusted
Time deposits
U. S. Gov't deposits
Inter-bank depositsi
Domestic batiks
Sb reign banks

5,999
730
346

6,060
7l4
334

6,334
571
190

1,514
453
57

1,527
448
55

1,533
449
101

1,822
536

1,858
536

2,387
370

505

7

502
7

633
5

Borrowings
Other liabilities
Capital account

20
381
1,480

8
376
1,483

21
434
1,427

17
244

16
243

24
229




*C6mparable figures not available.

Form FR-284-b

ASSETS Aim LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON SEPTEMBER 8, 1937
(in millions of dollars)
'ederal Reserve District
Total
San
Minne- Kansas Dallas
Rich- Atlanta Chicago St.
ClevePhilaAll
Francisco
City
Boston I
| New delphia land mond
apolis
Louis
York
districts
2,124
726
507
ASSETS
403
543 3,094
663
9,250 1,176 1,907 629
1,293
22,315
1,043
289
235
176
Loans and investments - total
263 1,050
309
480
711 244
713 4,528
10,04-1
Loans - total
Commercial,industrial, and
agricultural loansI
On securities

Otherwise secured & unsecured
Open market paper
.
Loans to brokers and dealers in securities
Other loans for purchasing or
carrying securities
Real estate loans
Loans to banks
Other loansl
On securities

Otherwise secured & unsecured
U. S. Gov't obligations
Obligations fully guaranteed by U.S.Gov t
Other securities
Reserve with F. R. bank
Cash in vault
Balances with domestic banks
Other assets - net
L I A B I L I T I E S
Demand deposits — adjusted
Time deposits
U. S. Gov't deposits
Inter-bank deposits $
Domestic banks
Foreign banks
Borrowings
Other -liabilities
Capital account



I

595
A,093
464
1,363

39
290
91
43

258
1,728
175
1,160

43
177
25
27

43
243
18
23

15
94
12
4

10
123
4
8

51
591
55
60

55
132
12
6

9
82
7
2

19
162
27
4

13
136
3
3

40
335
35
23

694
1,163
l4l

38
84
5

338
242
105

38
60
3

39
178
3

19
29
2

16
26
6

98
83
5

13
46
8

9
6

14
20
1

15
21
1

57
368
2

716
812
8,190

2,952
5,162
307
1,619
1,292

65
58
422
22
136
248
33
87
80

262
250
3,155
442
1,125
2,482
70
135
536

49
58
321
99
276
229
16
117
87

120
44
870
60
266
330
38
149
107

30
39
291
29
65
145
18
ll4
42

25
45
171
34
75
112
11
101
41

46
61
1,447
188
409
782
59
271
95

11
26
209
46
99
136
10
76
24

9
52
170
13
44
79
6
75
17

14
28
269
44
124
178
13
171
23

9
34
193
30
49
116
11
144
28

14,811
5,289
608

946
277
37

6,524
1,139
356

801 1,076
745
289
15
18

427
199
11

333
187
16

2,264
867
75

396
184
8

272
122
2

487
147
13

382
126
20

903
1,007
37

205
12
1
26
237

1,888
538
20
394
l,6l4

263
5
1
20
228

331
1

197

175
1
1
7
88

703
8

225

121
1

192

246
17

1,132

4>,9l6
58323
852
3,613

—

—

17
346

23
91

—

—

20
364

—

—

—

—

8
88

—

—

6
56

370
<*-

—

—

—

—

—

—

—'

3
91

5
81

76
107
672
125
284
325
22
179
212

—

—

323
329