Data on the US Federal Reserve Banking System, April 8 1940

Abstract

Reused pages to mount newspaper clippings on data on assets and liabilities on banks in 101 leading US cities, bank deposits made by foreign groups and a report on bills and condition of the US Federal Reserve banks.

Metadata

Item Type:	Press release
Date:	8 April 1940
Title of document:	Data on the US Federal Reserve Banking System
Authors or Creators:	Board of governors of the US Federal Reserve System (US Federal Reserve Banking System)
Places:	The Americas > North America > United of States of America
Reference:	FO 115/ 3421 - Philippines General
URI:	http://archive.atlantic-archive.org/id/eprint/867

Document text

Forc
STATSLlEiTT FOR THE PRESS
Board of Gov
of the Federal Rec
April 8, 1
For immediate release
Gasmen "f ffeekly R^" Maabar Banks in 101 LettdtoK pitl0B
'    '     The condition statenent of weekly reporting "^^"^JV^fV^
cities shows the following principal changes for the week ^ffJ^J'^T^
crease of $3l,O0C,O0O in cooncrcial, industrial and agncultural loans   a dec- east
of $79,000,000 in holdings of "Other securities", increases of *^>°?0'0^
serve balances with Federal Reserve banks and $125,000,000 in deposits J^edited to
doi
cm
trict, and 531,000,000 at ajl reporting member banks. Loans to brokers and dealers
in securities increased $14,000,000 ill New York City and $16,000,000 at all report-
ing nenber banks.
Holdings of United States Treasury bills decreased $16,000,000 in the
Chicago district and $7,000,000 at all reporting nenber banks.   Holdings of
Treasury notes increased $36,000,000 in Hew York City and $19,000,000 at all re-
porting nenber banks, and decreased $14,000,000 in the Richnond district. Holdings
of "Other securities" decreased $33,000,000 in New York City and $79,000,000 at all
reporting nenber banks.
Deuand deposits-adjusted decreased $75,000,000 in the I!ew York district
outside lie* York City, $28,000,000 in the Chicago district, $16,000,000 in the
Kansas City district and $101,000,000 at all reporting nenber banks, and increased
$34,000,000 in the Philadelphia district and $17,000,000 in New York City. Tine
deposits increased $9,000,000 in New York City and $17,0^0,000 at all reporting
member bonks*
Deposits credited to domestic banks increased $55,000,000 in Ken York City,
$17,000,000 in the Boston district, $9,000,000 in the Richmond district, and
$125,000,000 at all reporting member banks.   Deposits credited to foreign banks
decreased $8,000,000 in New York City.
A summary of the principtal assets and liabilities of reporting nenber bank;
together with changes for the week and the year ended April 3, 1940, follows!
		April 3, 1940	Increase or decrease since	
			.March 27, 1940	Anril 5, 1939
A S S E	T S			
Loans and Investments - total
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
Treasury bills
Treasury notes
U.S. bonds
Obligations guaranteeed by U.S. Gov't
Other securities
Reserve with Federal Reserve banks
Cash in vault
Balances with domestic banks
LIABILITIES
Demand deposits-adjusted
Time deposits
U. S. Government deposits
Inter-bank deposits I
Domestic banks
Foreign banks
Borrowings
23,315
8,649
4,414
337
625
476
1,185
51
1,561
509
1,821
6,518
2,380
3,438
10,437
452
3,299
19,175
5,355
580
8,424
726
1
14*
46*
31
2
16
2
7*
2
4
7
19
6
1
79
66
27
46
-101
+ 17
+ 2
+125
- 9
+1,631
+ 435
+ 576
+ 30
- 102
- ^3
+ 42
- 28
+ 30
+ 196
- 174
681
345
148
+2,769
+ 40
+ 684
+3,103
+ 140
- 49
+1,809
+ 101
2
*Mar. 27 figures revised.
(Hew York district)
-17-
Name of Registrant,
Location, Date of Regis-
tration, and Destination
of Contributions___
Funds
Received
Funds Spent
for Relief
in Countries
Named
Funds Spent
for Adminis-
tration, Pub-
licity, Af-
fairs, Cam-
paigns . etc.
Unexpended Bal-
ance as of Febru-
ary 29, Including
Cost of Goods Pur-
chased and Still
on Hand
Estimated Value
of Contributions
in Kind Gent to
Countries
Named
Estimated Value
of Contribu-
tions in
Kind Now on
Hand
Greater New Bedford British
War Relief Corps, New Bed-
ford, Massachusetts. Decem-
ber 19, 1939.   Great Britain.     $   1,039.S3   $      673.31     $      ^5«05        $      321.47 None None
Margaret-Greble Greenough
(Mrs. Carroll Greenough),
Washington, D. C. Novem-
ber 21, 1939. France.
925.00
145.00
None
760.00
None
None
Hadassah, Inc., New York,
New York* November 15, 1939*
Palestine.
Hebrew Christian Alliance
of America, Chicago, Illinois.
January 3, 1940.   England, Ger-
many and Poland.
709,7^9.51     276,925*25 13,721.48
52.sc
50.00
2.S6
4l9,102.7S
None
$13,129.40
None
$2,068.SI
None
Holy Cross Relief Fund
Association of New Britain,
Connecticut, New Britain,
Connecticut.   September 27,
1939.   Poland. 1,099.94 None None 1,099.94 None None
Holy Rosary Polish R. Catholic - -
Church, Passaic, New Jersey. "
September 15, 1939.   Poland. 1,077.00 1,049.00 None 2S.00 None None
?
'  Fttrm FR-283
STATEI.EIIT FOR THE PRESS
Released for publication Board of Governors
Friday morning, March 22; of the Federal Reserve System
not earlier. March 21, 19-40
C0KDITI01J OF THE FEDERAL RESERVE BAUXS
During the week ended March 20 member bank reserve balances decreased
0183,000,000.   Reductions in member bank reserves arose from increases of
0181,000,000 in Treasury deposits with Federal Reserve banks, 021,000,000 in money
in circulation, $46,000,000 in nonmember deposits and other Federal Reserve accounts
and gl2,000,000 in Treasury cash, and a decrease of $4,000,000 in Reserve bank
credit, offset in part by increases of $78,000,000 in gold stock and 04,000,000
in Treasury currency.   Excess reserves of member banks on March 20 were estimated
to be approximately $5,590,000,000, a decrease of $190,000,000 for the week.
Holdings of United States Government bonds, direct and guaranteed, declined
$2,000,000 during the week.
Changes in member bank reserve balances and related items during the week
and the year ended March 20, 1940, were as follows:
Increase or decrease
since
Mar. 20,    Mar. 13,       Mar. 22,
1940 1940 1939
(In millions of dollars)
Bills discounted	2	- 1		1
Bills bought				1
U.S. Gov't securities,direct and guaranteed	2,475	- 2		89
Industrial advances (not including 9 million				
commitments - March 20)	10			4
Other Reserve bank credit	32	- 2	+	41
Total Reserve bank credit	2,520	- 4		53
Gold stock	18,360	+ 78	+3	,285
Treasury currency	2,989	+ 4	+	155
Member bank reserve balances	12,256	-183	+3	,267
Money in circulation	7,484	+ 21	+	726
Treasury cash	2,374	+ 12		369
Treasury deposits with F. R. banks	707	.+181		515
Honmember deposits and other F. R. accounts	1,047	+ 46	+	278
L

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