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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