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Form F. R. 281+ STATEMENT FOR THE PRESS For immediate r e l e a s e Board of Governors of t h e F e d e r a l R e s e r v e System September 29, 19^+1 C o n d i t i o n of Weekly R e p o r t i n g Member Banks i n Leading C i t i e s The c o n d i t i o n s t a t e m e n t of w e e k l y r e p o r t i n g member banks i n 101 l e a d i n g c i t i e s shows t h e f o l l o w i n g p r i n c i p a l changes f o r t h e weak ended September 2l+: An i n c r e a s e of | 2 7 , 0 0 0 , 0 0 0 i n c o m m e r c i a l , 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 , and d e c r e a s e s of $1+9,000,000 i n r e s e r v e b a l a n c e s w i t h F e d e r a l R e s e r v e Banks, $>8]+,000,000 iti b a l a n c e s w i t h d o m e s t i c b a n k s , and $.155#000,000 i n d e p o s i t s c r e d i t e d t o d o m e s t i c b a n k s . 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 # 1 $ , 0 0 0 , 0 0 0 i n Mew York C i t y and $ 2 7 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member b a n k s . Holdings of U n i t e d S t a t e s Government d i r e c t and g u a r a n t e e d o b l i g a t i o n s d e c l i n e d ,11+7,000,000 i n t h e Chicago d i s t r i c t and $ 1 1 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member banks and i n c r e a s e d # $ 6 , 0 0 0 , 0 0 0 i n New York C i t y . Demand d e p o s i t s - a d j u s t e d i n c r e a s e d 3 3 5 , 0 0 0 , 0 0 0 i n New York C i t y , $ 2 1 , 0 0 0 , 0 0 0 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 , | l l + , 0 0 0 , 0 0 0 i n t h e Richmond d i s t r i c t and $ 1 5 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member b a n k s and d e c l i n e d $ 1 6 , 0 0 0 , 0 0 0 i n t h e San F r a n c i s c o d i s t r i c t and -$12,000,000 i n t h e C l e v e l a n d d i s t r i c t . D e p o s i t s c r e d i t e d t o d o m e s t i c b a n k s d e c l i n e d $ 5 5 , 0 0 0 , 0 0 0 i n New York C i t y , ' ^ 8 , 0 0 0 , 0 0 0 i n t h e Chicago d i s t r i c t and $155*000,000 a t a l l r e p o r t i n g member b a n k s . 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 b a n k s , t o g e t h e r w i t h c h a n g e s f o r t h e week and t h e y e a r ended September 2l+, 1 9 ^ 1 , f o l l o w s : ( I n m i l l i o n s of d o l l a r s ) I n c r e a s e or decrease Sent. since Sept. I?, S e c t . 25, 2k 191+1 191+0 I9I4 ASS S T S Loans and I n v e s t m e n t s - t o t a l 29,120 + 22 +!+, 95l+ 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 l o a n s Open market p a p e r 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 c a r r y i n g s e c u r . Real e s t a t e loans Loans t o b a n k s Other l o a n s 10,95U 6,389 393 1+81 437 1,258 + 37 + 27 +2,265 +1,811+ + 98 + 66 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 b y U. S. G o v ' t Other s e c u r i t i e s R e s e r v e w i t h F e d e r a l R e s e r v e Banks Cash i n v a u l t B a l a n c e s w i t h d o m e s t i c banks ho 1,956 814 2,291+ 7,962 3,327 3,769 10,830 559 3,592 - 1 - 2 +12 —— + 1 - 30 + 7 + 5 + 7 b - -1+9 + 8 - 8U - 25 + + + 35 5 272 + 195 + 238 +1,1+31+ + 751 + 71 - + + 786 51 31+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 Interbank deposits: Domestic b a n k s Foreign banks borrowings 2l+, 390 5,1+31 + 15 + 1 + 12 +5,310 + 79 9,552 -155 + 13 +1,011 66 627 626 l — — + 98 —«•» ForaF.R. 284-0STATEMENT FOR THE PRESS Board of Governors of t h e F e d e r a l Reserve System September 25, 1941 For immediate r e l e a s e CONDITION- 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 ) .... Nev; York C i t y I n c r e a s e or decrease since Sept. S e p t . 1 7 , | S e p t . 25, 21+ 194-1 ! 1940 19U1 Chicago Inc-roaj3@ or decrease since Sept. S e p t . 17, S e p t . 25, 24 1940 1941 1941 A S S E T S Loans and I n v e s t m e n t s - t o t a l 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 p a p e r 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 p u r c h a s i n g or c a r r y i n g 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 b a n k s Other l o a n s 12,208* + 56* +2,612* 3,6l6* + l6* + 2,1+50 74 342 +15 - 2 + 6 + - 16 + 4* + 6 6 159 107 3L * 1+53 1 1* 1 788* 697 " + 4 l - 34 + 364 914 + 7 + 302 675 - 32 40 + 3 -+ 3 + + + 250 10 15 + 6 4 2,581 -- 53 22 —— ** — 92 + -- + 29 - 33 + 32 47 105 + 36 - 17 l 15 3 Treasury b i l l s Treasury notes U. S. bonds Obligations guaranteed by U. S . G o v ' t Other s e c u r i t i e s 468 i,L53 3,21+9 + 8 + 3 + 12 +194 + 439 + 604 232 115 807 1,870 1,552 +13 + 4 + 489 + 9 8 160 353 Reserve w i t h F. R. Bank Cash i n v a u l t B a l a n c e s w i t h domestic banks Other a s s e t s - n e t 5,267 8i+ . 87 305 - 48 -1,207 + 13 5 15 1,280 1+1 276 39 + 35 - 3 +12 +1,131 + 3 8 + 86 2,246 495 95 + + - 55 + 12* + - 1,081 8 - 6 1 + - -- l — - 5 — - 3 - - 3 + 3 3 + -- + 269 11 1 - 26 + 79 + 4" 2 18 + —— 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. G o v ' t d e p o s i t s Interbank deposits: Domestic banks F o r e i g n banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 10,816 759 121 3,904 563 * mm mm 270* 1,518 mm mm --* 217 73* —- mm w + —— 31* 27 • R e v i s e d . September 29, 1941- 16 276 + + 1 1 Form F. R. 28l*.-b ASSETS .UNITIES Total All Boston districts S S E T S Loans and I n v e s t m e n t s - t o t a l 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 p a p e r Loans t o b r o k e r s & d e a l e r s i n s e c u r , Other l o a n s f o r p u r c h a s i n g or c a r r y i n g 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 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 R e s e r v e w i t h F. R. Banks Cash i n v a u l t B a l a n c e s w i t h d o m e s t i c banks Other a s s e t s - n e t OF "I'JKLY REPORTING MEMBER BANKS I N 1 0 1 LEADING C I T I E S , SEPTEMBER 2 l i , 19W- ( I n m i l l i o n s of d o l l a r s ) D i s t r i c t Res e r v e F e d e r a l S t . ~~|Minne- Kansas Ball? R i c h - A t l a n t a Chicago P h i l a - CleveCity 'Louis japolis mond d e l p h i a land New York 29,120 1,433 13,192 1,34s 2,242 835 740 3,958 894 481 821 635 10,954 in 4,038 571 870 330 386 1,394 4i|2 254 425 341 6,389 393 481 425 87 15 2,613 90 346 306 43 27 418 23 14 159 14 4 197 6 6 915 52 47 262 134 2 1 260 22 4 232 2 3 437 1,258 4o 1,956 814 2,294 7,962 3,327 3,769 16 79 4 151 205 193 31 560 32 52 13 50 11 38 2 126 60 142 12 6 15 11 33 in 19 185 1 210 96 89 15 4i 405 72 123 488 1,496 3,481 1,998 1,691 1 29 384 96 267 6 181 733 183 269 7 44 117 70 116 232 217 1,206 360 549 7 8 10,830 559 3,592 1,198 543 152 204 69 5,463 109 268 407 601 26 231 77 776 55 406 88 313 29 277 1,683 82 631 71 227 44 196 17 275 52 24,390 5,431 627 1,457 229 13 11,669 1,127 152 1,268 257 19 1,778 746 51 684 211 36 543 193 51 3,393 1,002 130 9,552 626 406 22 4,004 565 497 5 577 l 417 376 2 i,445 9 1 787 3,885 1 23 250 278 1,644 —— 90 1 79 251 106 68 - - 178 60 1 81 5 28 4 14 24 1 65 San Francisdo 2,541 1,126 468 24 10 38 387 199 12 72 814 178 339 110 100 134 32 34 119 48 61 107 8 121 16 217 20 34o 20 160 15 518 31 30 330 301 585 191 25 352 in 2 647 142 19 597 133 39 1,417 1,089 90 m 195 1 496 — 292 l 403 20 —— - - " 4 110 5 92 335 392 36 221 79 ill 16 191 22 21 121 37 41 44 544 L I A B I L I T I E S Bemand 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. G o v ' t d e p o s i t s Interbank deposits: Domestic b a n k s Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS •m — mm mm 20 217 —— 21 393 —— 47 103 —— 16 99 22 424 7 98 9 63
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