The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Form FTt-284 For immediate r e l e a s e STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System September 30, 1940 Condition of Weekly Reporting Member Banks i n 101 Leading C i t i e s The condition statement of weekly reporting member banks i n 101 leading c i t i e s shows the following p r i n c i p a l changes f o r the week ended September 251 Decreases of $54,000,000 i n holdings of United States Treasury b i l l s and $35,000,000 i n holdings of United S t a t e s Treasury notes, increases of $126,000,000 in reserve balances with Federal Reserve Banks and $96,000,000 i n demand deposits-adjusted, anr a decrease of $146,000,000 in deposits credited t o 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 loans decreased $8,000,000 in the Chicago d i s t r i c t and $3,000,000 at a l l reporting member banks. Loans to brokers and dealers i n s e c u r i t i e s increased $6,000,000 i n New York City and $11,000,000 at a l l reporting member banks. Holdings of United S t a t e s Treasury b i l l s decreased $45,000,000 i n New York City and $54,000,000 at a l l reporting member banks. Holdings of Treasury notes decreased $31,000,000 i n New York City and $35,000,000 a t a l l reporting member banks. Holdings of United S t a t e s Government bonds decreased $9,000,000 i n New York City and $13,000,000 a t a l l reporting member banks. Holdings of obligations guaranteed by the United S t a t e s Government decreased $18,000,000 i n t h e Chicago d i s t r i c t and $7,000,000 a t a l l reporting member banks. Holdings of "Other s e c u r i t i e s " decreased $6,000,000 at a l l reporting member banks. Demand deposits^adjusted increased $39,000,000 i n t h e Chicago d i s t r i c t , $30,000,000 i n New York City, $8,000,000 i n t h e S t . Louis d i s t r i c t , $7,000,000 i n the Philadelphia d i s t r i c t , and $96,000,000 at a l l reporting member banks. Deposits credited to domestic banks decreased $71,000,000 i n New York City, $18,000,000 i n t h e Chicago d i s t r i c t , $16,000,000 in the Philadelphia d i s t r i c t , $12,000,000 i n t h e Kansas City d i s t r i c t , and $146,000,000 at a l l reporting member banks. Deposits credited t o foreign banks increased $9,000,000 at a l l reporting member banks. A summary of the p r i n c i p a l assets and l i a b i l i t i e s of reporting member banks together with changes f o r the week and the year ended September 25, 1940, follows: (In millions of d o l l a r s ) Increase or decrease since Sept. Sept. 18, Sept. 27, 25, 1939 1940 19-40 ASSETS +1,747 -118 24,166 Loans and Investments - t o t a l + 339 8,689 - 3 Loans - t o t a l + 346 4,575 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 - 3 21 - 1 295 Open market paper - 118 + 11 415 Loans to brokers and d e a l e r s i n s e c u r i t i e s 48 462 Other loans f o r purchasing or carrying s e c u r i t i e s + 43 4" 1 1,223 Real e s t a t e loans — — - 10 35 Loans to banks + 137 - 1 1,684 Other loans + 200 - 54 619 Treasury b i l l s 81 2,056 - 35 Treasury notes + 647 6,528 - 13 U. S. bonds + 344 - 7 2,576 Obligations guaranteed by U. S. Gov't + 298 — 6 3,698 Other s e c u r i t i e s +1,822 +126 11,616 Reserve with Federal Reserve Banks +v 22 + 6 508 Cash i n vault + 230 — 48 3,248 Balances with domestic banks L I A B I L I T IBS +2,747 + 96 21,080 Demand deposits—adjusted + 121 5,352 - 3 Time deposits 11 - 1 529 U. S. Government deposits Inter-bank d e p o s i t s : + 874 -146 8,541 Domestic banks 61 + 9 692 Foreign banks — — 1 Borrowings — —• — — Form F. R. 284 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System September 26, 1940 For immediate r e l e a s e ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (In millions of d o l l a r s ) Chicago Increase or decrease since Sept. 18, Sept. 27, 1940 1939 New York City Increase or Sept. decrease since Sept. Sept. 18 Sept. 27 25 25 1940 1940 1940 1939 ASSET S — 34 + 144 612 - 8 + 54 101 43 105 425 22 25 - 9 + 45 + 4 4 14 59 18 2 10 — — Loans and Investments - t o t a l 9,596 - 95 +1)119 2,217 Loans - t o t a l 2,828 - - 43 1,753 74 301 + 3 — — 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 to brokers and dealers 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 to banks Other loans 163 123 27 387 5 + 6 - 1 1 9 3 + - - 4+ + 6 — 4* 1 — — «— — — 63 — 4-*• + 8 A ~ 13 + 146 - 87 + 32 Treasury b i l l s Treasury notes U. S. bonds Obligations guaranteed by U.S.Gov't Other s e c u r i t i e s 274 1,014 2,645 — 45 + 19 - 31 + 227 - 9 + 459 264 162 702 - 1,381 1,454 + 5 - 10 + 261 4* 196 124 353 -19 - 3 - Reserve with F. R. Banks Cash i n vault Balances with domestic banks Other a s s e t s — net 6,474 84 82 320 + 57 + 2 1,297 42 + 46 1 + 83 4 + 4 + 9 41 261 42 - 12 — — + 202 + 1 + 29 6 9,685 721 35 + 30 +1 ,515 74 13 1,977 506 94 + 14 — ~ — — + 195 + 8 + 31 3,687 - 71 + 6 + 333 — 36 1,002 - 17 + 1 + 150 5 301 1,491 - + + —» - — 6 + 4 — 2 — — + 33 32 L I A B I L I T I E S Demand deposits—adjusted Time'deposits U» S. Gov't deposits Inter—bank d e p o s i t s ; Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 636 — — + - 1 1 35 17 8 14 258 — — + 2 — - 1 8 Form F. R. 284-b ASSETS AND LIABILITIES OF WFFKT.Y REPORTING MEMBER BANKS III 101 LEADING CITIES ON SEPTEMBER 25, 1940 Total All Boston New York districts ASSETS Loans and Investments — 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 paper Loans t o brokers and dealers 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 Treasury b i l l s Treasury notes U. S. bonds Obligations guaranteed by U. S. Gov't Other s e c u r i t i e s Reserve with F. R. Bank Cash i n v a u l t Balances with domestic banks Other a s s e t s - net L I AB I L I T I E S Demand deposits—adjusted Tine d e p o s i t s U. S. Gov't deposits Interbank deposits: Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS F e d e r a l Phila- Cleve- Richmond delphia land R e s e r v e Atlanta Chicago 308 66 12 1,884 77 305 226 37 22 291 8 15 128 18 213 202 27 485 278 1,073 2,871 1,455 1,610 31 50 1 107 14 46 34 324 95 275 24 179 1 210 1 157 617 134 281 665 146 184 72 6,638 477 21 216 79 21,080 1,331 235 5,352 529 13 10,366 1,093 60 462 1,223 35 1,684 619 2,056 6,528 2,576 3,698 1 137 12 38 332 54 126 11,616 508 3,248 1,174 8,541 692 1 736 3,781 80 386 18 1 21 246 104 225 412 11 4 82 2,283 975 101 3 1 182 23 3 181 2 2 348 15 12 7 11 9 31 74 239 13 169 22 27 112 26 43 102 7 130 16 65 15 68 85 76 134 198 18 331 23 14 23 1 52 32 39 84 48 58 330 588 42 30 182 9 4 68 125 12 57 2 64 12 39 150 72 109 10 3,193 4,575 295 415 313 536 275 156 642 1,202 691 712 709 285 10,480 405 197 3,404 981 1,918 728 474 24,166 1,184 622 8,689 D i s t r i c t Sa S t . Minne- Kansas Dallas ? j Francisco Louis apolis City 316 2 5 33 1 109 128 264 311 1,011 294 543 1,626 76 592 74 69 3 40 107 67 109 714 48 343 94 220 24 252 38 141 14 209 50 1,009 1,448 261 743 47 43 547 203 33 435 190 42 2,914 972 507 190 15 306 117 2 342 6 158 134 63 138 3,782 485 1 324 637 443 5 284 1 1,318 9 308 1,613 16 214 17 380 36 100 9 95 19 402 95 42 386 1 171 2 72 701 192 341 30 459 25 311 264 561 146 19 492 135 32 1,164 1,067 85 166 1 425 248 1 338 8 60 4 106 4 89 288 381 137 12 286 19
@FedFRASER