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Form PR-284

STATEMENT FOR THE PRESS

For immediate release

Board of Governors
of the Federal Reserve Syste:
September 23, 1940

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 18: Decreases of $37,000,000 in holdings of United States Treasury bills and $35,000,000
in holdings' of United States Government bonds, increases of $39,000,000 in holdings
of HOther securities" and $117,000,000 in deposits credited to domestic banks, and
a decrease of $95,000,000 in demand deposits-adjusted.
Commercial, industrial and agricultural loans increased $8,000,000 in New
York City and $7,000,000 at all reporting member banks. Loans to brokers and
dealers in securities increased $12,000,000.
Holdings of United States Treasury bills decreased $27,000,000 in the
Chicago district, $11,000,000 in New York City, and $37,000,000 at all reporting^
member banks. Holdings of United States Government bonds decreased $18,000,000 in
the Chicago district, $1-4,000,000 in New York City, and $35,000,000 at all reportin
member banks. Holdings of "Other securities" increased $30,000,000 in New York Cxt;
and $39,000,000 at all reporting member banks.
Demand deposits—adjusted decreased $26,000,000 in New York City, $16,000,000
each in the Cleveland and Chicago districts, $15,000,000 in the Boston district,
and $95,000,000 at all reporting member banks. Time deposits decreased $5,000,000.
Deposits credited to domestic, banks increased $51,000,000 in New York City,
$13-000,000 j.n the Philadelphia district, $12,000,000 each in the Boston and Kansas
C"J'..y districts, and $11/',000,000 at all reporting member banks. Deposits credited
to foreign banks increased $12,000,000 in New York City and at all reporting member
bankse
A summary of the principal assets and liabilities of reporting member banks,
together wich changes for the week and the year ended September 18, 19-40, follows t
(in millions of dollars)
^
Increase or decrease
since
Sept.
Sept. 11, Sept . 20,
18,
1940
1940
1 1939
A S S E T S
10
+1,945
24,284
Loans and Investments - total
Lo .ns - 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
L'-ms to banks
Other loans
Trt-a-vjiry bills
Tro-ivory notes
Uo
bonds
Obligations guaranteed by U. S. Gov't
Otr.or securities
Reserve with Federal Reserve Banks
Cauh in vault
Balances with domestic banks
L I A B I L I T I E S
Demand deposits-adjusted
Tine deposits
U» £•„ Government deposits
Inter—bank deposits I
• D-vmeSuic banks
Foreign banks
Borrowings




+ 27
+ 7

+
+

0,692
4,578
296
404
462
1,222
45
1,685
673
2,091
6,541
2,583
3,704

-

35
4
+ 39

+
+
+

11,490
502
3,296

-

+ 19
15
+ 70

+1 ,767
+
32
+ 275

95
5
+ 3

+2,809
+ 130
10

+117
+ 12
+ 1

—

20,984
5,355
530
8,687
683
1

•

—

+ 12
+ 2
+ 2
5
+ 9
37
-

-

-

-

-

—

373
377
19
128
48
42
10
139
236
40
681
353
342

—
—

+
+
+
+
-

—

+

995
59
—

—

F o m F, R. 284
STATEMENT FOR THE PRESS
Board of Governors
of the Federal Reserve Systen
September 19, 1940

For immediate release

ASSETS AND LIABILITIES OF 7JEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES
(in millions of dollars)

Chicago
Increase; or
decrease since
Sent. 11, Sept. 20
1940
1939

New York City
Increase or
Sept.
decrease since
Sept,. 11, Sept.20
18,
1940
1940
1939

Sept.
18,
1940

Loans and Investments- total

9,691

+ 13

+1,298

2,251

Loans - total

2,833

+

7

23

620

-

3

1,750
74
295

8
2
+ 10

110
41
110

434
22
24

-

7

+
+

1

—

59
18

—

-

—

—

+

7
3

14
7
11
14

—

+
+
+

—

Wtt

A S S E T S

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
Treasury bills
Treasury notes
U.S. bonds
Obligations guaranteed by
U. S. Gov't
Other securities
Reserve with F, R, Banks
Cash in vault
Balances with domestic banks
Other assets - net

164
124
36
390

-

+

1
-

—

-

+
-

—

63

-

11
1
14

+
+
+

58
256
487

270
158
704

1,376
1,464

+ 2
+ 30

+
4-

269
251

143
356

6,417
82

+ 26
3
+ 2
5

781
8
44

1,251
42
273
42

+1,564
+
79
14

1,963
506
94

399
36

1,019
7

82

321

-

+
+

6

4-

—

-

—

—

319
1,045
2,654

—

- 50

+

176
67
59
4
5
7
4
—

we

5

4-

12

- 27

+

140
90
40

+
—

-

—

18

-

+

13
32

—

-

2

4-

32
1
16
4

+
+
+
-

168

- 18

+
+

195
8
31

+
+
-

2

32
4

L I A B I L I T I E S
Demand deposits-adjusted
Time deposits
U. S. Gov't deposits
Inter-bank deposits t
Domestic banks
Foreign banks
Borrowings
Other liabilities
CAPITAL ACCOUNTS




9,655
721
35
3,758

630

—

"

302

—•

+ 51
+ 12
-

w

1,492

26
9

-

4—

«—•

+

6

-

1

w*

+
+

mm

33
19

—«

—

—

4-

+ 11

4-

—

—

—

mm

—

—

14

+
-

256

163
6
««*

1
1

-

1
10

Form F. R. 284~b

ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS III 101 LEADING CITIES ON SEPTEMBER 18, 1940
(In millions of dollars)
F e d e r a l
R e s e r v e
D i s t r i c t
Total
St. Minne- Kansas Dallas
Hew Philar- Cleve— Rich- Atlanta Chicago
All
Boston
Louis apolis Citymond
land
York

A S S E T S
Loans and Investments - total

24,284

1,133

10,575

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

8,692

625

3,194

4,578
296
404

312
66
11

1,875
77
301

462
1,222
45
1,685

214
203
36
488

Treasury bills
Treasury notes
U. S. bonds
Obligations guaranteed by U.S. Gov't
Other securities

673
2,091
6,541
2,583
3,704

18
80
1
137
8
41
331
53
125

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

11,490
502
3,296
1,182

Demand deposits-adjusted
Time deposits
U. S. Gov't deposits
Inter—bank deposits*
Domestic banks
Foreign banks
Borrowings
Other liabilities
CAPITAL ACCOUNTS




San
Francisco

1,918

718

643

3,435

708

401

689

533

2,279

474

731

281

316

987

330

196

313

272

973

226

295

155

596
42

182
10

I83

3

5

3

2
2

34-9
15

14

100
3
1

179

8

126
11
14
46

10

12

29
1
66

u
23
1
51

40
386
1
171

:

38

21

2

28

4

68

128

56
2
63

167
133
68
69

3
41
108
67
108

270
303
1,018
312
545

11
38
149
72
108

714
49
341
93

216
23
240
38

146
14
208
50

1,559
76
604
75

236
12
176
22

,002
261
47

1,447
743
43

546
203
33

434
191
42

2,875
972
138

3,854
631

459
4

484
1

321

288
2

309
1,615

15
214

17
380

9
95

50
1
107

179
1
210

331
1,102
2,881
1,449
1,618

34
325
94
275

1
161
613
130
282

669
145
189
70

6,576
102
224
417

485
21
216
78

20,984
5,355
530

1,328
235
13

10,332
1,093
60

8,687
683
1
733
3,781

394
18
1
21
246

—

—•

81
mmm

—

—

34
98

33
1
110

125
—

**

—

—

73

22

11

32
39
84
48
58

2
70
702
191
341

101
7
140
16

15
67
86
75
133
198
17
345
23

134
12
297
30

456
24
316
270

499
190
15

307
117
2

560
146
20

493
135
32

1,161
1,069
85

1,336
8

349

170
1

437

253
1

342
17

19
401

6
95

7
61

3
106

4
88

289
382

—

—

—

—

28
111
24
42