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STATEMENT FOB THE PRESS B-SOU F e d e r a l Reserve Board A p r i l 2, 1934. For immediate r e l e a s e COI'IDITIO'T OF WEEKLY REPORT 13 ^G MEMBER BAEZS IN LEADIHG CITIES The F e d e r a l R e s e r v e 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 March 23 shows d e c r e a s e s f o r t h e week of $ 5 4 , 0 0 0 , 0 0 0 i n l o a n s and i n v e s t m e n t s and $89,000,000 i n Governent d e p o s i t s , a n d an i n c r e a s e of $ 7 1 , 0 0 0 , 0 0 0 i n n e t demand d e p o s i t s . Loans on s e c u r i t i e s d e c l i n e d $ 2 8 , 0 0 0 , 0 0 0 a t r e p o r t i n g member b a n k s i n t h e Hew York d i s t r i c t , $ 6 , 0 0 0 , 0 0 0 i n the Chicago d i s t r i c t and $39>000,000 a t a l l r e p o r t i n g member b a n k s . "All o t h e r " l o a n s d e c l i n e d $ 7 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t and $ 4 , 0 0 0 , 0 0 0 i n the Chicago d i s t r i c t , a n d i n c r e a s e d $ $ , 0 0 0 , 0 0 0 i n the C l e v e l a n d d i s t r i c t , $ 4 , 0 0 0 , 0 0 0 i n t h e A t l a n t a d i s t r i c t and $ 4 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g b a n k s . H o l d i n g s of U n i t e d S t a t e s Government s e c u r i t i e s d e c l i n e d $ 1 3 , 0 0 0 , 0 0 0 i n t h e Boston d i s t r i c t , $ 1 0 , 0 0 0 , 0 0 0 each i n the P h i l a d e l p h i a and S t . Bonis d i s t r i c t s , $ 8 , 0 0 0 , 0 0 0 i n the Kansas C i t y d i s t r i c t , $ 6 , 0 0 0 , 0 0 0 i n t h e San F r a n c i s c o d i s t r i c t and $ 4 5 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member b a n k s , and i n c r e a s e d $ 6 , 0 0 0 , 0 0 0 i n the C l e v e l a n d d i s t r i c t . 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 $ 1 7 , 0 0 0 , 0 0 0 i n the Hew York d i s t r i c t and $ 2 6 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g b a n k s . L i c e n s e d member b a n k s f o r m e r l y i n c l u d e d i n t h e 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 n o t now i n c l u d e d i n t h e weekly s t a t e m e n t , had t o t a l l o a n s and i n v e s t m e n t s of $ 1 , 0 3 9 , 0 0 0 , 0 0 0 and n e t demand, time and Government d e p o s i t s of $ 1 , 0 9 2 , 0 0 0 , 0 0 0 , on March 23, compared w i t h $ 1 , 0 4 7 , 0 0 0 , 0 0 0 and $ 1 , 0 9 5 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , on March 2 1 . A summary 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 the r e p o r t i n g member b a n k s , i n 9 1 l e a d i n g c i t i e s , t h a t a r e now i n c l u d e d 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 March 28, 1934, 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. 28, 1934 I n c r e a s e or d e c r e a s e s i n c e Mar. 21,1934 Mar. 29, 1933 Loans and i n v e s t m e n t s - t o t a l 17,472 Loans - t o t a l :,8,l6l -35 -171 3.51^ 4,647 -39 + 4 -130 9,3H -19* +1,642 3,084 6,227 -45* +26 +1,644 2,572 242 - 4 +14 +1,119 11,794 4,419 +71 - l +2,049 1,413 -89 +1,123 1,519 3,447 -44 -25 +616 +1,303 On s e c u r i t i e s All o t h e r Investments - t o t a l U. S. Government s e c u r i t i e s Other s e c u r i t i e s Reserves with F . R. banks Cash i n v a u l t ITet 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 b a n k s Due to b a n k s Borrowings from F . R. Banks 9 +1,471 - 4i - 2 -24 + 89 -274 *March 21 f i g u r e s r e v i s e d (Cleveland d i s t r i c t ) Federal Reserve Board March 29, 1934. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING >!EMBER HA'aS IN CENTRAL RESERVE CITIES (In m i l l i o n s of d o l l a r s ) Mar. 28 193U Mar. 21 1934 Mar. 2< 1933 -.7.191 7,199 6,457 3,292 3.324 3,118 1,663 1,629 1,687 1,637 1,555 Ju3Qi 3,875 3,339 2,720 1,181 2,717 1,15S 2,135 1,154 Heserves with F. R. Bank Cash in vault 1,242 40 1,218 37 739 50 Net demand deposits Time deposits Government deposits 5,791 699 7b2 5,737 4,827 737 170 Due from "feanks Due to banks 82 1,475 ' NEW YORK Loans and investments - t o t a l Loans - t o t a l On s e c u r i t i e s All o tlier Investments - t o t a l U. S. Government s e c u r i t i e s Other s e c u r i t i e s 690 797 85 1,512 Borrowings from F . R. Bank —— 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 ; For own a c c o u n t For a c c o u n t of o u t - o f - t o w n banks For a c c o u n t of o t h e r s To t a l On daman & On time 746 7,35 1,563 55 930 84 336 31 SS6 147 1 894 620 266 625 269 234 1,392 1,131 568 576 647 274 294 279 355 S09 3l6 484 521 288 531 246 149 2 4 371 137 CHICAGO Loans and i n v e s t m e n t s - t o t a l Loans - t o t a l On s e c u r i t i e s All other Investments - t o t a l U. S. Government s e c u r i t i e s Other s e c u r i t i e s R e s e r v e s with. P. R. Banks 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 f r o m F . R. Bank l,377._ % 297 285 ' 292 23s 175 59 % 1,168 343 58 1,173 358 69 S05 360 16 168 362 182 362 129 194 1 —— (B-804 a ) For immediate r e l e a s e B-204b PPJITCIPAL ASSETS AFD LIABILITIES OF WEEKLY REPORTING MEMBER' BANKS 117 ISADING CITIES, BY DISTRICTS, ON MARCH 28, I93U ( i n m i l l i o n s of d o l l a r s ) Total New Boston Loans and i n v e s t m e n t s - t o t a l Loans - t o t a l On s e c u r i t i e s All o t h e r Investments - t o t a l IT. S. Govt, s e c u r i t i e s Other s e c u r i t i e s R e s e r v e s 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 b a n k s Due t o b a n k s Borrowings from F . R. Banks York Federal Reserve Cleve- j Rich| |Atlanta!Chicago d e l p h i a * l a n d > mond ; | P h i la,- St. District Kansas J Minn- Louis j e a p o l i s Dallas .5i.iL San I ?Francisco 17,472 1,200 2,117 1,029 1,158 347 335 1,720 509 329 545 407 1,776 g,l6l 620 3,809 503 436 171 184 729 220 l6l 199 187 822 4,647 3.51^ 264 4i6 1,832 1,927 23s 265 211 85 135 42 119 137 219 125 330 399 64 113 59 62 225 58 123 663 9 J H -520. 4,308 526 722 176 151 991 289 168 346 220 894 6,227 3? 2,903 1,405 248 278 526 196 126 50 103 48 659 332 195 94 113 55 109 237 170 50 564 330 143 121 35 27 6 393 50 74 36 5 12 79 9 121 7 &3 199 134 163 131 33 1,390 466 75 333 197 399 33 7 166 28 23 80 44s 92 97 l66 225 3,os4 1,287 51 2,572 242 788 11,794 4,419 1,413 3^3 1,519 3,447 116 170 124 6,195 1,113 13 662 19 576 808 310 68 445 69 140 1,536 125 190 101 173 11 12 72 80 236 163 123 279 122 58 125 134 15 613 903 92 171 173
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