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Fom F. R. 284 STATEMENT FOR THE PRESS For lnnedic.te r e l e a s e Board of Governors of t h e F e d e r a l Reserve System September 8, 1941 Condition of Weekly Reporting 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 weekly 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 week ended September 3» I n c r e a s e s of $39,000,000 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 , and $159,000,000 i n l o a n s 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 , d e c r e a s e s of $60,000,000 i n h o l d i n g s of United S t a t e s T r e a s u r y b i l l s , $99,000,000 i n r e s e r v e balances w i t h F e d e r a l Reserve Banks, and $104,000,000 i n demand d e p o s i t s - a d j u s t e d , and an i n c r e a s e of $140,000,000 i n d e p o s i t s c r e d i t e d t o domestic 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 $18,000,000 i n tiew York City? and $39^000^000 a t a l l r e p o r t i n g nenber 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 i n c r e a s e d $137,000 000 i n Hew York City and $159,000,000 a t a l l r e p o r t i n g nenber banks. Holdings of T r e a s u r y b i l l s d e c l i n e d $42,000,000 i n Mew York Cit;.. $17,000,000 i n t h e Chicago d i s t r i c t , and $60,000,000 a t a l l r e p o r t i n g nenber banks« Holdings ©'f "Other s e c u r i t i e s " d e c l i n e d $>4,000,000. Demand d e p o s i t s - a d j u s t e d d e c l i n e d $38,000,000 i n t h e Chicago d i s t r i c t , v35p000p000 i n t n e Cleveland d i s t r i c t P and $ 1 0 4 9 0 0 0 0 0 0 at a l l r e p o r t i n p nenber banks. Deposits c r e d i t e d t o domestic banks i n c r e a s e d i n a l l d i s t r i c t s . A summery 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 banlcs, t o g e t h e r with changes f o r t h e week and the year ended September 3, 1941, f o l l o w s : Sept. 3, 1941 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 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 l o a n s Loans t o banlcs 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 Reserve x/ith F e d e r a l Reserve Banlcs Cash i n v a u l t Balances w i t h domestic banks I n c r e a s e or d e c r e a s e since Aug. 27, Sept. 4, 1941 1940 29,238 10,903 6,222 397 607 436 1,256 45 1,940 +131 +206 + 39 - 3 +159 - 1 + 2 + 2 + 8 +5,050 +2,337 +1,742 + 103 + 217 27 + 37 3 + 268 1,019 2,233 7,949 3,316 3,768 - 60 + 4 + 15 + 10,534 543 3,502 - 99 - 16 + 40 — £84 + 52 24,349 5,426 610 -104 - 5 + 26 +3,448 + 68 + 79 9,355 626 1 +140 - 3 + + - 34 314 + 188 +1,376 + 732 + 103 + 331 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 V. S. Government d e p o s i t s Interbank deposits 1 Domestic banks F o r e i g n banks Borrowings — 850 44 1 Forn F. R. 284-a STATELiEUT FOR THE PRESS Board of Governors of t h e F e d e r a l Reserve 'System September 4 , 194-1 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 ) Sept. 3 1941 New York City Increase or decree use s i n c e Aug . 2 7 , Sept . 4 , 1940 1941 Sept. 3 1941 Chicago Increase or decrease since Aug. 2 7 , S e p t . 4 , 1940 1941 ASSETS Loans and I n v e s t m e n t s - t o t a l Loans - t o t a l C o m m e r c i a l , i n d u s t r i a l , and agricultural 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 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 2,701 - 10 + 398 930 897 + 17 + 280 + + + 702 2 181 660 31 43 + + + + 227 9 16 — 53 22 + 3 14 3 65 42 1 + 11 + + + 225 395 532 345 115 820 3 10 + + 481 108 158 366 12,270 +113 +2,671 3,695 +158 + 2 , 3 9 3 + 18 79' — 2 462 +137 159 110 35 457 — + + + 1 1 1 4 - — Reserve w i t h F. R. Bank Cash i n v a u l t Balances w i t h domestic banks Other a s s e t s - n e t 5,257 se g/ 323 45 2 — 9 + 8 - 1 , ,144 + 4 + 3 1 1,131 41 10,97.orv 762 107 + 13 2 + 18 +1,306 + 32 + 72 3,814 566 + 23 2 + 275 1,520 + 11 + 4 — - — + 12 + 6 4 + 30 — 16 - 1 + + 44 43 92 - + + 15 10 — 58 2 20 3 - —— 88 1,354 1,544 — —— — 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 g u a r a n t e e d by U.S. G o v ' t Other s e c u r i t i e s 548 1,442 3,187 5 ——' . 1 9 - + 12 + 1 + 2 + 1 + 2,252 492 95 + + 160 51 1,059 7 + 11 25 14 276 279 43 - — 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 . G o v ' t d e p o s i t s Interbank depositst 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 - 1 — + 299 15 1 + + 48 1 + + 1 20 - 4 — + + 1 Form F , R. 284>-*b ASSETS AMD LIABILITIES OF REPORTING MEMBER BANKS IN 1 0 1 LEADI1IG CITIES, SEPTEMBER 3 , 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 C o n n 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 loans Open m a r k e t 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 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 b a n k s Other loans 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 . 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 . R . Banks Cash i n v a u l t Balances w i t h domestic banks Other a s s e t s - n e t Federal P h i l a - Clevedelphia land Boston 11 Total All districts 1,443 781 13,256 4,106 1,343 426 88 15 Reserve Richmond A t l a n t a Chicago District San Minnea- Kansas D a l l a s St. Francisco City Louis p o l i s 4,106 859 479 813 630 2,513 321 7 35 378 1,373 413 248 405 334 1,113 413 21 13 153 13 4 191 6 6 898 51 51 239 131 3 1 242 30 3 226 453 25 10 13 49 1 88 11 38 60 140 —— 11 33 124 173 12 60 1 76 6 15 109 19 185 1 212 92 86 572 1,4-84 3,431 1,931 1,682 1 28 382 97 268 9 I83 732 182 268 2 78 254 100 68 10 45 117 70 115 347 219 1,247 359 561 1 35 220 79 111 8 21 122 40 40 7 46 111 111 133 32 35 122 47 60 8 66 814 175 337 501 150 204 69 5,438 112 248 400 589 24 220 77 754 54 402 92 300 27 263 43 191 16 263 52 1,507 81 629 76 233 14 205 22 110 7 116 15 215 18 314 20 160 13 302 31 536 27 336 299 24,349 5,426 610 1,442 230 13 11,785 1,129 137 1,246 257 19 1,756 747 48 661 211 36 535 191 51 3,391 996 133 588 191 24 345 112 2 620 142 18 583 134 40 1,397 1,086 89 9,355 626 388 21 3,913 567 490 6 573 1 405 365 2 1,428 8 426 197 1 488 282 1 400 19 1 765 3,889 1 22 250 284 1,647 16 219 21 394 42 101 15 98 20 423 6 98 7 63 3 109 5 91 324 396 823 567 2,238 864 2,548 94 466 302 43 30 205 195 35 563 31 52 1,940 16 80 4 152 1,019 2,283 7,949 3,316 3,768 22 43 397 75 125 10,534 543 3,502 1,204 29,238 10,903 6,222 397 607 436 1,256 45 — 2 21 4 L I A B I L I T I 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 . G o v ' t d e p o s i t s Interbank deposits: Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS —— 2 4 14 23 1 64 38 386 — 201
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