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STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System September 16, 1940 Form FR-284 For immediate release Condition of Weekly Reporting Member Banks in 101 Leading Cities The condition statement of weekly reporting member banks in 101 leading cities shows the folloxving principal changes for the week ended September 11: Increases of $91,000,000 in commercial, industrial and agricultural loans, $53,000,000 in reserve balances xrlth Federal Reserve Banks, §178,000,000 in demand deposits-adjusted, and §65,000,000 in deposits credited to domestic banks* Commercial, industrial, and agricultural loans increased §51,000,000 in Hew York City, §11,000,000 in the Cleveland district, §9,000,000 in the Chicago district, and §91,000,000 at all reporting member banks. Holdings of all classes of securities showed relatively little change for the week; Treasury bills increased §7,000,000 in New York City and §5,000,000 at all reporting member banks, United States Government bonds increased §13,000,000 in New York City and §3,000,000 at all reporting member banks. Demand deposits-adjusted increased §4-3,000,000 in the Chicago district, §26,000,000 in the San Francisco district, §23,000,000 each in the Hew York district outside New York City and in the Cleveland district, §16,000,000 in the Kansas City district, and §178,000,000 at all reporting member banks* Deposits credited to domestic banks increased §53,000,000 in New York City, §10,000,000 in the San Francisco district, and §65,000,000 at all reporting member banks. A summary of the principal assets and liabilities of reporting member banks, together with changes for the week and the year ended September 11, .1940, follows» (In millions of dollars) Increase or decrease since Septe 4, Sept. 13, 1940 1939 Sept. 11, 1940 A S S E T S Loans and Investments - total 24,294 +106 +1,905 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 8,665 4,571 296 392 460 1,220 50 1,676 + 99 + 91 + + Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities 710 2,091 6,576 2,587 3,665 Reserve with Federal Reserve Banks Cash in vault Balances with domestic banks + + - 2 2 3 - + + + + 1 + 4 + - 5 4 + 3* + + + + + + — 2 3* — - 350 412 22 176 53 42 16 131 235 62 715 365 302 11,471 517 3,226 + 53 + 26 + 55 +1 ,785 + 28 + 276 21,079 5,360 527 + +178 2 +2 ,791 - 4 L I A B I L I T I E S Demand deposits-adjusted Time deposits U. S. Government deposits Inter-bank deposits: Domestic banks Foreign banks Borrowings 8,570 671 — — + — + 65 + + l - — - — 127 11 984 49 1 *Scpt, 4 figures revised (Her; York district) Form F. R. 284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System September 12, 1940 For immediate release ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (In millions of dollars) New York City Increase or Sept, decrease since Sept. Sept . 4, Sept . 13 H , 11, 1940 1939 1940 1940 Chicago Increase or decrease since Sept. 4, Sept . 13 1940 1939 A S S E T S Loans and Investments — total 9,678 + 79 +1,317 2,301 - 2 + 165 Loans - total 2,826 + 61 - 32 623 + 6 + 68 1,742 76 285 + + 127 39 145 441 22 25 + 8 + + 70 3 8 + + + 15 6 18 16 59 18 7 1 + 13* + + + 104 234 515 297 158 722 + + + 276 220 143 358 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 163 124 43 393 + 51 1 4 + 1 — • + - 5 1 + + - - — — — - w 2 — — — — — 4* ~ 58 " — mm — 6 + 6,391 85 80 326 — 10 1 1 + 2 + 692 •f 6 + 8 — 49 1,219 43 2,57 46 + 30 9,681 730 35 4- 9 +1,486 + 83 13 1,981 506 94 + 28 - 1 3,707 618 + 53 + 1 399 31 1,008 + 1* 2 — + — + 104 86 58 + — Reserve with F. R. Banks Cash in vao.lt Balances with domestic banks Other assets - net 1,374 1,434 — 7 <4 330 1,046 2,668 — — 2 — - *•* 2 — «— — + — Treasury bills Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other securities - 8 4 + + + •— 12 33 208 2 34 4 L I A B I L I T I E S Demand deposits-adjusted Time deposits U. 8. Gov't deposits Inter-bank depobitsi Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS — 296 1,493 - - — — + 10 — 2 — + 7 — — — 32 18 13 257 — 3 1 + + + •f 160 6 — — — — — — 1 — + 221 9 31 *Sept. 4 figures revised. 1 9 Form F. R. 284-b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS III 101 LEADING CITIES ON SEPTEMBER 11, 1940 (in millions of dollars) D i s t r i c t R e s e r v e F e d e r a l San St. Minne—|Kansas Phila- Cleve- Rich- Atlanta Chicago New All Dallas Boston Francisco Louis apolisj City mond delphia land York districts A S S E T S 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 24,294 1,181 8,665 623 10,560 1,202 3,183 474 1,866 78 290 227 37 21 293 126 13 3 460 1,220 50 1,676 18 80 213 203 43 490 31 50 1 107 24 179 1 208 14 45 343 1,104 2,895 1,447 1,588 — 34 326 94 274 1 162 619 131 280 482 21 205 79 730 49 339 96 213 25 710 2,091 6,576 2,587 3,665 137 8 41 331 53 125 668 —™ 154 2 5 602 42 29 I83 99 3 1 IS3 10 33 1 109 68 124 12 55 2 7 12 9 30 640 310 67 11 *e 399 194 715 280 4,571 296 392 — 707 329 689 314 3,483 989 1,919 726 8 11,471 517 3,226 1,201 147 187 72 6,552 106 220 425 21,079 5,360 527 1,343 234 12 10,363 1,101 60 1,002 261 46 1,463 745 42 8,570 671 382 17 3,802 619 446 5 483 1 719 3,783 21 246 303 1,615 14 215 18 381 11 — — — 10 4 — 124 63 107 297 303 1,036 312 546 11 39 148 72 108 40 149 14 209 50 1,533 78 581 80 546 203 33 443 191 42 2,891 970 138 313 280 1,329 81 — — 166 133 67 69 236 4 39 108 68 - - 72 311 22 3 — — 64 14 67 532 273 2,267 969 180 2 2 348 14 10 40 14 23 1 51 1 170 2 70 698 194 334 386 27 110 25 43 76 133 30 39 84 48 58 237 13 178 22 105 7 146 16 207 18 322 23 136 12 288 31 459 27 315 267 506 190 15 310 117 2 560 146 19 491 135 32 1,161 1,067 86 346 175 1 425 248 1 341 17 7 61 3 106 4 281 382 — — 88 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 ACCOUNTS — — 34 100 2 10 94 8 18 401 — — 6 94 88
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