Form Released for publication Friday morning, June 21,1940; not earlier. STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since June 19, June 12, June 21, 1940 1940 1939 ASSETS Gold certificates on hand and due from U. S. Treasury 17,536,475 +334,999 +4,070,757 Redenotion fund - F. R. notes 11,191 + 1 + 2,470 Other cash 371,023 + 3,325 ±_4,057 Total reserves 17,918,689 +338,325 +4,077,284 Bills discounted: Secured by U. S. Gov't obligations, direct and guaranteed 691 - 410 - 390 Other bills discounted 1,501 + 185 2,211 Total bills discounted 2,192 225 2,601 Bills bought in open market - - - — - 556 Industrial advances 9,011 - 74 - 3,366 U. S. Government securities, direct and guaranteed: Bonds 1,343,183 " 3,812 + 432,093 Notes 1,130,125 — - 45,984 Bills - 476,816 Total U. S. Government securities, direct and guaranteed 2,473,308 - 3,812 - 90,707 Total bills and securities Due from foreign banks F. R. notes of other banks Uncollected items Bank prenises Other assets TOTAL ASSETS LIABILITIES F. R. notes in actual circulation Deposits: Member bank - reserve account U. S. Treasurer - General account Foreign bank Other deposits Total deposits Deferred availability items Other liabilities including accrued dividends TOTAL LIABILITIES CAP IT A L ACCOUNTS - Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS •atio of total reserves to deposit and p» R. note liabilities combined fitments to make industrial advances 2,484,511 - 4,111 - 97,230 47 20,642 805,226 41,536 53,019 + 493 - 14,642 + 4 - 15,844 120 + 65 + 164,038 891 + 7,296 21,323,670 +304,225 +4,150,442 5,103,916 + 22,602 + 674,610 13,712,233 298,212 659,828 438,487 +202,122 + 32,788 +204,798 -120,593 +3,613,070 - 642,792 + 305,530 + 78,690 15,108,760 +319,115 +3,354,498 750,862 - 34,666 + 112,225 5,301 - 3,996 320 20,968,839 +303,055 +4,141,013 137,097 151,720 26,839 39,175 + 928* + 242* + 2,086 + 2,568 425 + 5,200 21,323,670 +304,225 +4,150,442 88.7$ + .2# + 3.2? 8,587 89 2,751 *June 12 figures revised. Form DEBITS BY BANKS IN EACH REPORTING CENTER In t.hfflis.inds of dollars)_ DISTRICT NO. - A-CLEVELAND Akron, Ohio Butler, Pa. Canton, Ohio Cincinnati, Ohio Cleveland, Ohio Columbus, Ohio Dayton, Ohio Erie, Pa, Franklin, Pa. Greensburg, Pa. Hamilton, Ohio Homestead, Pa. Lexington, Ky. Lima, Ohio Lorain, Ohio Middletown, Ohio Oil City, Pa. Pittsburgh, Pa. Springfield, Ohio Steubenville, Ohio Toledo, Ohio V/arren, Ohio Wheeling, W. Va. Youngstown, Ohio Zanesville, Ohio DISTRICT NO. 5 - RICHMOND Asheville, N. C. Baltimore, Md. Charleston, S. C. Charleston, W. Va. Charlotte, N. 0. Columbia,S. C. Cumberland, Md. Danville, Va. Durham, N. C. Greensboro, N. C. Greenville, S. C. Hagerstown, Md. Huntington, W. Va. Lynchburg,Va. Newport News,Va. Norfolk, Va. Portsmouth, Va. Raleigh, N. 0. Richmond, Va. Roanoke, Va. Spartanburg, S. C. Washington, D. C. 7iljnington, N. C. Winston-Salem, N. C. DISTRICT NO. 6 - ATLANTA Albany, Ga. Atlanta, Ga. Augusta,Ga. Birmingham, Ala. Brunswick, Ga, Chattanooga, Term, Columbus, Ga. Dothan, Ala. Week ended Jan. 311 3.940 15,027 2,121 7,768 71,705 133,3-93 38,399 1-4,106 6,438 740 1,766 2,402 593 11,429 3,190 1,053 3,003 2,140 167,508 3,790 2,524 29,339 2,336 6,739 10,548 1,595 2,538 88,517 4,150 10,630 13,757 6,443 1,622 1,916 7,055 4,181 4,223 1,773 3,570 3,137 2,488 11,223 839 13,495 39,125 5,901 2,222 52,300 2,696 3,435 945 49,412 4,675 20,485 512 7,142 2,729 540 DISTRICT NO. 6 - ATLANTA 1 Elberton, Ga. Hattiesburg, Miss. Jackson, Hiss, Jacksonville, Fla. Knoxville, Term. Llacon, Ga. Meridian, Miss. Hiami,Fla. Mobile, Ala. Montgomery, Ala. Nashville, Term. Newnan, Ga. New Orleans, La. Pensacola, Fla. Savannah, Ga. Tampa, Fla. Valdosta,Ga. Vicksburg, Miss. DISTRICT NO. 7 - CHICAGO Adrian, Mich. Aurora, 111. Battle Creek, Mich. Bay City, Mich. Bloomington, 111. Cedar Rapids, Iowa Champaign-Urbana, 111. Chicago, 111. Clinton, Iov/a Danville, 111. Davenport, Iov/a Decatur, 111. Des Moines, Iowa Detroit, Mich. Dubuque, Iowa Elgin, 111. Flint, Mich. Fort Wayne, Ind. Gary, Ind. Grand Rapids, Mich. Green Bay, Wis. Hammond, Ind. Indianapolis, Ind. Jackson, Mich* Kalamazoo, Mich. Lansing, Mich. Manitowoc ,Vfi.s. Mason City, Iowa Milwaukee, Wis. Moline, 111. Muscatine, Iov/a Oshkosh, VELs. Peoria, 111. Rockfordjlll. Saginaw, Mich. Sheboygan- V;is. Sioux City, Iov/a South Bend, Ind. Springfield, 111. Terre Haute, Ind. Waterloo, Iowa 7feek ended * Jan. 31, 1940 Cont'd) 159 1,073 6,012 19,612 7,692 3,348 2,241 16,227 9,244 6,252 169797 380 55,150 2,053 5,690 7,039 684 1,727 798 2,449 2,401 2,317 2,348 5,607 3,129 686,781 1,186 2,689 4,710 3,980 21,695 272,356 1,986 1,591 6,316 6,589 3,725 13,800 3,145 1,849 52,011 3,479 5,443 5,126 1,451 2,206 63,250 1,766 689 2,079 12,341 5,403 4,953 3,748 8,199 8,220 5,437 4,793 4,070 ¦ I Form Sft-285 STATEMENT FOR THE PRESS For immediate release BANK DEBITS Board of Governors of the Federal Reserve System February 5, 3.9-40 Debits to individual accounts, as reported by banks in leading cities for the week ended January 31, aggregated $8,161,000,000, or 4 percent above the total reported for the preceding week and 1 percent above the total for the corresponding week of last year. Aggregate debits for the 1-41 cities for which a separate total has been maintained since January 1919 amounted to 47,530,000,000, compared with $7,221,000,000 the preceding week and $7,436,000,000 the week ended February 1 of last year. SUMMARY BY FEDERAL RESERVE DISTRICTS if Federal Number W eek ended Reserve of centers Jan. 31, Jan, 24, Feb. 1, District included 1940 1940 1939 No, 1 - Boston 17 455,671 453,575 454,631 2 - New York 15 3,503,092 3,234,131 3,655,278 3 - Philadelphia 18 432,866 456,192 421,349 A - Cleveland 25 539,552 526,846 500,366 5 - Richmond 24 292,236 2S7,289 282,323 6 - Atlanta 26 247,820 239,236 241,126 7 - Chicago 41 1,246,611 1,191,114 1,074,523 8 - St. Louis 16 238,822 230,406 230,560 9 - Minneapolis 17 151,822 149,043 136,243 10 - Kansas City 28 229,782 250,523 244,538 11 - Dallas 18 193,650 202,720 192,537 12 - San Francisco 29 629,051 650,474 623,704 TOTAL Z7A 8,160,975 7,871,599 8,057,178 DEBITS BY BANKS IK EACH REPORTING CENTER (In thousands of dollars)___ "eek ended jJan. 31, 1940 DISTRICT NO. 1 - BOSTON Bangor, Maine Boston, Mass, Brockton, Mass. Burlington, Vt. Fall River, Mass, Hartford, Conn. Holyoke, Mass, Lov/ell, Mass. Lynn, Mass. Manchester, N, H. New Bedford, Mass, New Haven, Conn. Portland, Maine Providence, R. I. Springfield, Mass. Waterbury,Conn. Worcester, Mass. Week ended Jan. 31, 1940 DISTRICT NO. 2 - Albany, II. Y. NEW YORK Binghamton, N. Y. Buffalo, N. Y. Slmira, N. Y. fomestovm, N. Y. v;