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Form FR-284 STATEMENT FOR THE PRESS Board of Governors of t h e Federal Reserve System For immediate r e l e a s e September 18, 1939 Condition of Weekly Reporting Member Banks I n 101 Leading C i t i e s The condition 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 t h e week ended September 131 A decrease of $72,000,000 i n l o a n s t o brokers and d e a l e r s i n s e c u r i t i e s , and i n c r e a s e s of $8-4,000,000 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 , $318,000,000 i n r e serve balances with F e d e r a l Reserve banks, $137,000,000 i n b a l a n c e s with domestic banks, $248,000,000 i n demand d e p o s i t s - a d j u s t e d , and $240,000,000 i n d e p o s i t s c r e d i t e d to 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 $42,000,000 i n New York C i t y , $10,000,000 i n t h e Chicago d i s t r i c t and $84,000,000 at a l l r e p o r t i n g member banks. 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 decreased $69,000,000 i n New York City and $72,000,000 a t a l l r e p o r t i n g member banks. Loans t o banks decreased $8,000,000 i n New York City and $12,000,000 at a l l r e p o r t i n g member banks. Holdings of Treasury b i l l s i n c r e a s e d $37,000,000 i n New York City and $7,000,000 at a l l r e p o r t i n g member banks, and decreased $21,000,000 i n the Chicago d i s t r i c t . Holdings of United S t a t e s Government bonds decreased $14,000,000 i n the Cleveland d i s t r i c t , $13,000,000 i n the S t . Louis d i s t r i c t , and $29,000,000 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 " i n c r e a s e d $5,000,000 i n New York City and $10,000,000 a t a l l r e p o r t i n g member banks* Demand deposits—adjusted i n c r e a s e d $60,000,000 i n the Chicago d i s t r i c t , $44,000,000 i n New York City, $34,000,000 i n the San Francisco d i s t r i c t , $21,000,000 i n t h e Boston d i s t r i c t , $20,000,000 i n t h e P h i l a d e l p h i a d i s t r i c t , and $248,000,000 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 i n c r e a s e d $129,000,000 i n New York C i t y , $28,000,000 i n t h e Chicago d i s t r i c t , and $240,000,000 at 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 $11,000,000 i n New York City and $8,000,000 at a l l r e p o r t i n g member banks. Borrowings of weekly r e p o r t i n g member banks amounted t o $1,000,000 on September 13. 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, together with changes f o r the week and t h e year ended September 13,1939, follows* ( i n m i l l i o n s of d o l l a r s ) 1 Increase or decrease since Sept. S e p t , 6, S e p t . 14, 13, 1938 "1939 1939 Loans and Investments — t o t a l +1,425 22,389 + 10 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 loans Loans t o banks Other loans . 8,315 4,159 318 568 513 1,178 34 1,545 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 475 2,153 5,861 2,222 3,363 7) 1) 29) 4- 3 + 10 Reserve with Federal Reserve banks Cash i n v a u l t Balances with domestic banks 9,686 489 2,950 +318 + 26 +137 +2,815 + 64 + 451 +2/18 2 2 +2,845 5 + 141 +240 + 8 +1,448 + 301 + 1 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. Government d e p o s i t s Inter-bank d e p o s i t s $ Domestic banks Foreign banks Borrowings 18,285 5,233 538 7,586 720 1 + 84 + 4 72 1 + 4 — 12 + 1 + + — 20 + 254 17 - 155 — 66 + 16 80 + 28 + 695 + + 552 198 Form FRr-284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System September 14, 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 ) New York City I n c r e a s e or Sop*be decrease since S e p t . 6 , Sept. 14, 13, 1939 1939 1938 Sept. 13, 1939 Chicago Increase or decrease since S e p t . 6, S e p t . 14, 1939 1938 ASSETS Loans and I n v e s t m e n t s - t o t a l 8,361 + 20 + 588 2,136 Loans - t o t a l 2,858 - 3-4 - 167 555 - 1,615 115 430 + 42 + 150 21 155 371 19 33 + 18 1 66 56 67 14 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 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 l o a n s 178 118 25 377 - — 69 + 2 — — — - .8 - 1 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 226 812 2,153 + 37) ~ 4) + 11) 1,098 1,214 + 5 + 5 Reserve with F. R. banks Cash i n v a u l t Balances with domestic banks Other a s s e t s — net 5,699 79 72 375 +152 + 2 — - 322 3 51 193 244 664 + 29 7 + 25 - 4 + 3 - 1 + - 3 1 3 — - 16 2 96 1,011 41 223 50 + 82 + 2 + 4 — — + 2 4* 218 + + 27 5 ) 4-2,,102 - — - 22) - 1) 155 325 + 279 2 + 304 129 + *— + mmmmm - 24 1 — + 115 7 + 13 — 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. GovH d e p o s i t s Inter—bank d e p o s i t s * Domestic banks Foreign banks 8,195 647 48 + 44 + 1 - 1 +1*721 — 37 50 1,760 497 63 + 36 + 1 3,308 649 +129 + 11 748 279 848 13 + 29 - 1 Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS j 264 1,475 r - - - 3 4 — 48 5 — + + 175 29 )3 + 156 5 — 3 15 + • 14 266 - 1 + Form FR-284-b ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES ON SEPTEMBER 13, 1939 ( i n m i l l i o n s of d o l l a r s ) Reserve District Federal Total Kansas MinneS t . RichCleveNew P h i l a All Dallas A t l a n t a Chicago Boston City a p o l i s Louis mond d e l p h i a land York districts ASSETS Loans and Investments - t o t a l San Francisco 22,389 1,184 9,217 1,154 1,903 683 582 3,223 676 397 653 513 2,204 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 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 l o a n s f o r p u r c h a s i n g 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 8,315 595 3,218 417 686 249 287 871 319 178 281 261 953 4,159 318 568 277 65 25 1,729 123 434 192 26 18 260 7 23 108 12 3 153 3 5 504 34 37 189 5 5 92 4 1 169 19 3 172 2 3 314 18 11 513 1,178 34 1,545 22 81 1 124 237 205 25 465 31 55 1 94 25 172 3 196 15 38 11 31 1 83 77 105 7 10 10 26 14 21 50 383 114 14 51 3 52 Treasury b i l l s Treasury notes U. S. bonds 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 Other s e c u r i t i e s 475 2,153 63 340 53 133 230 871 2,335 1,185 1,378 39 324 94 280 14 221 586 110 286 189 126 53 66 9 35 98 61 92 196 429 952 290 485 2 50 141 65 99 34 114 27 44 Reserve t?ith 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 9,686 445 144 147 80 5,840 99 184 453 376 19 200 101 460 45 313 104 184 23 192 39 133 13 205 48 1,252 74 521 83 197 12 182 24 18,288 5,233 538 1,147 242 16 8,789 1,025 66 899 282 53 1,256 735 42 476 200 28 385 188 40 2,559 932 110 7,586 720 311 19 3,394 651 366 13 404 1 289 1 263 1 1 683 3,714 1 19 245 270 1,598 14 223 17 370 30 97 11 93 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. Gov't d e p o s i t s Inter—bank d e p o s i t s t Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 5,861 2,222 3,363 489 2,950 1,249 - - — 73 ' *" 1 — — — — —— 54 49 177 6 83 95 54 134 16 45 82 53 56 2 94 668 177 310 96 7 119 17 193 16 335 23 142 12 265 30 368 25 287 247 466 190 21 297 119 3 526 144 23 46 5 136 30 1,023 1,040 106 1,116 14 314 151 1 423 241 314 19 18 404 6 94 7 58 3 101 5 85 283 346 64 —
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