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SCATMMRO FOE THE PRESS B—SGM- For immediate r e l e a s e F e d e r a l Reserve Board A p r i l 15, 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 i n 91 l e a d i n g c i t i e s on A p r i l 10 shows i n c r e a s e s f o r the week of $137,000,000. i n n e t demand d e p o s i t s , $26,000,000 i n t o t a l l o a n s and i n v e s t m e n t s , and $109,000,000 i n 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. 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 i n c r e a s e d $12,000,000 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 a t a l l r e p o r t i n g banks; l o a n s 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 City d e c l i n e d $5,000,000; and l o a n s 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 $5,000,000 i n the New York d i s t r i c t and $12,000,000 a t a l l r e p o r t i n g member b a n k s . Holdings of a c c e p t a n c e s and commercial paper bought d e c l i n e d $9,000,000 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 $11,000,000 a t a l l r e p o r t i n g banks; r e a l e s t a t e loans showed no n e t change f o r the week; and "other l o a n s " i n c r e a s e d $6,000,000 i n the Chicago d i s t r i c t and d e c l i n e d $6,000,000 i n the o t h e r d i s t r i c t s . 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 i n c r e a s e d $28,000,005 a t r e p o r t i n g member banks i n t h e Chiqg>go d i s t r i c t , $17,000,000 in the New York d i s t r i c t and $13,000,000 i n the Kansas C i t y d i s t r i c t , and d e c l i n e d $19,000,000 in the San F r a n c i s c o d i s t r i c t anA $7,000,000 i n the A t l a n t a d i s t r i c t , a l l r e p o r t i n g banks showing a n e t i n c r e a s e of $43,000,000 f o r the week; 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 $5*000,000 in 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 banks; 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 d e c l i n e d $33,000,000 i n t h e 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 imtnber banks, and i n c r e a s e d $10,000,000 i n t h e Chicago d i s t r i c t . Licensed member banks f o r m e r l y included i n the c o n d i t i o n statement of member banks i n 101 l e a d i n g c i t i e s , b u t not now included i n the weekly s t a t e m e n t , had t o t a l loans and investments of $1,25O,000,000, and n e t demand, time and Government d e p o s i t s of $1,427,000,000 on A p r i l 10, compared with $1,247,000,000 and $1,422,000,000, r e s p e c t i v e l y , on A p r i l 3 . 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 t h e 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 w i t h changes f o r the week and t h e y e a r ended A p r i l 10, 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 ) Apr. 10. 1935 Loans and investments - t o t a l I n c r e a s e or d e c r e a s e s i n c e Apr. 3, 1935 Apr. 11. 1934 18,5% +26 +924 2,969 _r5. -643 732 165 2,072 +12 -5 -12 -192 -9 -442 Acceptanccs and commercial paper bought Loans on r e a l e s t a t e Other loans 425 966 3,233 -11) U. S. Government d i r e c t obligations Obligations f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 7,323 716 2,903 +43 +l4) -15) Reserve with F, R. banks Cash in vault 3,156 289 +109 +19 +56g +43 14,224 4,474 1,016 +137 -2 +2,088 +50 -289 1,693 4,234 -39 -51 Loans on s e c u r i t i e s - t o t a l To brokers and dealers: In New York Outside New York To others Net demand deposits Time deposits Government deposits Due from banks Due to banks Borrowings from F . R, banks --) - ) —- -74 +1,089 +552 +105 +6l 8 -7 f e d e r a l Heserve Board A p r i l 11, 1935. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING- MEMBER BAMS IN CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) Apr. 10 1935 ,, Apr. 3 1935 Loans and i n v e s t m e n t s - t o t a l 7*635 . 7,661 ,7.405 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 1,408 1.412 .1,756 578 576 55 781 794 4s 914 Acceptances and commercial p a p e r bought L<jans on r e a l e s t a t e Other loans 218 130 1,235 227) 130) 1,235) 1,675 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 e e d "by U . S . Govt. Other s e c u r i t i e s 3,310 275 1,059 3,290 279) 1,088) 2,804 1,170 1,576 52 1,530 49 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 1,142 39 6,965 629 527 6,964 624 527 Dtit.e from banks Due to banks 5,989 696 713 64 1,829 65 1,836 82 1,581 1,564 1,521 1,359 231 238 295 27 27 177 27 31 ISO 17 53 225 Acceptances and commercial p a p e r bought Loans on r e a l e s t a t e Other loans 44 17 240 47) 17) 234) 299 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 e e d by U.S.Govt. Other s e c u r i t i e s 723 7& 231 68471) 223) 479 A p r . 11 1914 NEW YORK Reserve with F . R, bank Cash i n v a u l t 7$ Borrowings from P . R, bank CHICAGO Loans and i n v e s t m e n t s - t o t a l 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 Reserve w i t h F . R. bank Cash i n v a u l t 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. bank I 2S& 391 35 1,403 337 4l 336 35 390 4l 1,308 386 42 1,213 344 45 171 478 174 490 192 376 (B-SOUa) For immediate r e l e a s e PRINCIPAL ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS H LEADING CITIES, BY DISTRICTS, OH APRIL 10, 1935 ( I n m i l l i o n s of d o l l a r s ) Hew Total Phila- Federal Cleve- Rich- Boston York delphia land Reserve A t l a n t a Chicago mond District Minn- Kansas St. Louis eapolis San Dallas Francisco City IS,535 1,124 8,521 1,079 1,175 369 354 1,957 561 363 589 435 1,948 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 Hew York O u t s i d e Hew York To o t h e r s 2,969 209 1,608 197 172 57 51 272 64 J* 54 49 202 732 165 2,072 22 29 158 21 i4 162 2 6 l64 6 2 49 5 6 43 29 30 213 425 966 5,233 25 71 165 2 73 135 2 12 127 56 32 313 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 e e d by U . S . G o v t , Other s e c u r i t i e s 7,323 716 2,903 365 3,511 12 311 I 6 5 1,243 296 56 269 581 25 187 J 79 128 21 59 57 10 36 108 14 169 Acceptances and commercial p a p e r bought Loans on r e a l e s t a t e Other loans 613 56 939 220 49 248 89 295 1,380 95 17 50 905 220 276 94 R e s e i y e w i t h F . R. banks Cash- i n v a u l t 3,156 289 228 1,634 65 78 143 14 162 20 53 12 29 6 442 45 73 8 14,224 4,474 1,016 968 7,^13 312 1,048 71 557 744 724 451 45 245 139 8 209 129 31 1,666 534 58 403 166 22 174 252 139 191 81 100 81 87 271 591 97 177 Loans and i n v e s t m e n t s - t o t a l Het 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 T3r\"»f**rinir4*irt»n from f •nnm F TP. R. "O "k ov\Vo Borrowings banks 1,693 4,234 9k 135 206 1,891 I 1 2 31 45 5 2 42 6 6 102 22 13 106 3 25 111 21 345 312 150 10 55 253 23 118 168 65I 8 71 346 101 11 70 9 163 17 493 163 21 319 122 53 772 968 83 199 278 139 137 195 206 26s 128 5 88 118
@FedFRASER