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STATEMENT FOR THE PRESS For immediate r e l e a s e B-804 F e d e r a l Reserve Board A p r i l 1, 1935. CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The F e d e r a l Reserve B o a r d ' s 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 in 91 l e a d i n g c i t i e s on March 27 shows d e c r e a s e s f o r the week of $35«000,000 in t o t a l loans and i n v e s t m e n t s , $5,000,000 i n n e t demand d e p o s i t s and $22,000,000 in 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 Reserve banks, and an i n c r e a s e of $12,000,000 i n time d e p o s i t s . Loans on s e c u r i t i e s to b r o k e r s and d e a l e r s i n New York d e c l i n e d $18,000,000 a t r e p o r t i n g member banks i n the New York d i s t r i c t and $15,000,000 a t a l l r e p o r t i n g member banks; loans to b r o k e r s and d e a l e r s o u t s i d e New York C i t y i n c r e a s e d $9,000,000 i n the Chicago d i s t r i c t and $14,000,000 a t a l l r e p o r t i n g h a n k s ; and loans on s e c u r i t i e s to o t h e r s d e c l i n e d $14,000,000 in the New York d i s t r i c t and $21,000,000 a t a l l r e p o r t i n g b a n k s . Holdings of a c c e p t a n c e s and commercial paper bought i n c r e a s e d $9,000,000 i n the New York d i s t r i c t and $7,000,000 a t a l l r e p o r t ing member banks; r e a l e s t a t e loans i n c r e a s e d $3,000,000; and "other l o a n s " d e c l i n e d $24,000,000 i n the New York d i s t r i c t and $19,000,000 a t a l l r e p o r t i n g banks. Holdings of United S t a t e s Government d i r e c t o b l i g a t i o n s d e c l i n e d $46,000,000 i n the Chicago d i s t r i c t , $14,000,000 in the San F r a n c i s c o d i s t r i c t and $6,000,000 each i n the P h i l a d e l p h i a and Cleveland d i s t r i c t s , and i n c r e a s e d $33«000,000 i n the New York d i s t r i c t , a l l r e p o r t i n g member banks showing a n e t r e d u c t i o n of $43,000,000; h o l d i n g s of o b l i g a t i o n s f u l l y guaranteed by the United S t a t e s Government i n c r e a s e d $7,000,000; and h o l d i n g s of o t h e r s e c u r i t i e s i n c r e a s e d $31,000,000 a t r e p o r t i n g member banks i n the New York d i s t r i c t and $32,000,000 a t a l l r e p o r t i n g banks. Licensed member banks f o r m e r l y included i n the c o n d i t i o n s t a t e m e n t of member banks i n 101 l e a d i n g c i t i e s , b u t not now i n c l u d e d in the weekly s t a t e m e n t , had t o t a l loans and investments o,f $1,248,000,000 and n e t demand, time and Government d e p o s i t s of $1,434,000,000 on March 27, compared with $1,236,000,000 and $1,428,000,000, r e s p e c t i v e l y , on March 20. A summary of the 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 the r e p o r t i n g member banks, i n 91 l e a d i n g c i t i e s , t h a t a r e now included i n t h e s t a t e m e n t , t o g e t h e r with clhanges f o r the week and the y e a r ended March 27, 1935» 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 ) Mar. 27.1935 I n c r e a s e or d e c r e a s e s i n c e Mar. 20,1935 Mar. 28, 18,463 =35. +991 Loans on s e c u r i t i e s - t o t a l To b r o k e r s and d e a l e r s : In New York O u t s i d e New York To o t h e r s 3,028 -22 -486 740 188 2,100 -15 +14 -21 -6l +29 -454 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans 429 967 3,185 +7) +3) -19) -66 U. S. Government d i r e c t o b l i g a t i o n s O b l i g a t i o n s f u l l y g u a r a n t t e d by U.S.Govt Other s e c u r i t i e s 7,281 681 2,892 -43 +7) +32) Reserve with F . R. banks Cash i n v a u l t 3,17^ 282 -22 +3 +602 +40 14,150 4,466 1,016 -5 +12 +2,356 +47 -397 1,7^9 4,282 -29 -65 -1 Loans and investments - t o t a l Net demand d e p o s i t s Time d e p o s i t s Government d e p o s i t s Due from banks to banks Digitized Due for FRASER http://fraser.stlouisfed.org/ Borrowings fromFederal Reserve Bank of St. Louis F* R. banks 1 — +1,054 +489 +230 +835 -8 federal Reserve Board March 28, 1935. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (In m i l l i o n s of d o l l a r s ) NEW YORK Mar. 27 1935 Mar. 20 1935 Mar. 28 1934 Loans and investments - t o t a l 7,566 7,539 7,193 Loans on s e c u r i t i e s - t o t a l To brokers and d e a l e r s : In New York Outside New York To o t h e r s 1,447 1.466 1,663 6o4 54 789 609 54 803 688 47 928 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans 220 130 1,192 211) 130) 1,216) 1,629 U. S. Government d i r e c t ©bligations Obligations f u l l y guaranteed bf U.S.Govt, Other s e c u r i t i e s 3,23© 276 1,071 3,202 274) 1,040) 2,721 1,181 Reserve with F. R. bank Cash in v a u l t 1,644 5© 1,622 53 1,248 4@ ¥ e t demand d e p o s i t s Time d e p o s i t s Government d e p o s i t s 6,99% 616 52? 6,924 615 527 5,791 699 762 Due from banks Due to banks 6% 1,84$ 66 1,881 8| 1,478 1,599 1.650 1,377 Loans on s e c u r i t i e s - t o t a l To brokers and d e a l e r s : In New York Outside Hew York To o t h e r s 252 244 274 27 46 179 27 37 180 12 37 225 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans 48 17 234 48) 17) 230) 294 U. S. Government d i r e c t o b l i g a t i o n s Obligations f u l l y guaranteed by U.S.Govt, Other s e c u r i t i e s 750 78 220 817 78) 216) 521 288 Reserve with F . R. bank Cash i n v a u l t 331 35 356 35 % 1,384 386 4i 1,453 394 42 1,168 343 58 176 496 179 495 l6S 362 Borrowings from F. E. ba%k CHICAGO loans and investments - t o t a l Met demand d e p o s i t s Time d e p o s i t s Government d e p o s i t s Due from banks Due to banks Borrowings from F . R. bank (B-S04a) For immediate r e l e a s e PRINCIPAL ASSETS AID LIABILITIES OF 1EEKLY REPORTING- MEMBER BANKS IN LEADING CITIES, BY DISTRICTS, ON MARCH 27, 1935 B-804b ( I n m i l l i o n s of d o l l a r s ) New Phila- j? eue rax Cleve- Rich- land mond St. A t l a n t a Chicago To t a l Boston 18,463 1,175 8,441 1,085 1,172 371 357 Loans on s e c u r i t i e s - t o t a l To b r o k e r s and d e a l e r s : In New York Outside New York To o t h e r s 3,028 210 1,635 201 174 58 7U0 ISS 2,100 15 160 P 626 56 953 21 16 164 2 7 165 6 2 50 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans U29 967 3,185 48 90 297 222 248 1,336 25 72 168 2 73 135 U. S . Government d i r e c t o b l i g a t i o n s O b l i g a t i o n s f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 7,281 681 2,892 356 12 162 3,433 307 1,260 294 56 269 Reserve with F . R. banks Cash i n v a u l t 3,174 282 223 69 1,703 62 14,150 4,466 1,016 946 312 71 1.749 4,282 106 200 1 1 Loans and investments - t o t a l Net demand d e p o s i t s Time d e p o s i t s Government d e p o s i t s Due from banks Due to banks Borrowings from F . R. banks District Minn- Kansas San Dallas City Francisc Louis eapolis 1,991 560 364 578 425 1,944 53 292 66 34 54 48 203 5 45 29 48 215 4 4 58 1 2 31 6 3 45 5 l 42 20 11 172 9 16 80 2 12 126 60 32 307 11 36 107 5 6 101 21 13 107 3 24 111 21 345 310 578 23 187 128 21 59 101 14 49 943 222 25 93 151 11 56 245 21 117 171 29 39 659 69 337 1U1 14 168 21 48 12 28 7 82 8 58 5 103 12 73 9 157 17 7,429 1,037 557 746 72! 452 45 240 139 8 207 128 31 1,654 530 58 U01 166 22 270 127 5 4s4 166 22 318 123 52 734 971 83 l4o 1,909 168 248 1U3 196 81 98 84 86 276 611 98 185 93 121 225 282 150 142 185 204 —— — — York — — delphia — M % — — —
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