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STAESMESfT FOR EES PRESS s t . 6172 f2£_i^ie^3.te_release Federal Reserve Board, A p r i l 29, 1929. Juf 31 v101! OF WB15ELY REPORTING- ; 3 ' 3 E H BASICS IS LEXDIZG- CITIES .'Hie 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 re - .sorting member banks i n 101 l e a d i n g c i t i e s on A p r i l 24 shows d e c l i n e s f o r t h e week of v o l , 0 0 0 , 0 .0 i n l o a n s and i n v e s t m e n t s , , 1 ^ 1 , 0 0 0 , 0 0 0 i n n e t de.aand d e p o s i t s , ;4,00":,000 ill time d e p o s i t s , ^ 1 7 , 0 0 0 , 0 0 0 i n Government d e p o s i t s a n d " $ 3 1 , 0 0 0 , 0 0 0 i n borrowings from Federal r e s e r v e banks. Loans on s e c u r i t i e s i n c r e a s e d < 3 3 , 0 0 0 , 0 0 0 a t r e p o r t i n g b a n k s i n t h e ".Tew York d i s t r i c t . m d e c l i n e d ^ 2 $ , 0 0 0 , 0 0 0 i n t h e Chicago d i s t r i c t , $ 5 , 0 0 0 , 0 0 0 each i n t h e Richmond and Kansas C i t y d i s t r i c t s and .-15,000,000 a t a l l r e s o r t i n g "banks, " i l l o t h e r " l o s n s i n c r e a s e d # , 0 0 0 , 0 0 0 i n t h e Chicago d i s t r i c t and d e c l i n e d ( 1 5 , 0 0 0 , 0 0 0 i n t h e Jew York d i s t r i c t , $ 1 0 , 0 0 0 , 0 0 0 i n t h e D a l l a s d i s t r i c t , and M26,000,000 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. S. Government s e c u r i t i e s d e c l i n e d $ 7 , 0 0 0 , 0 0 0 i n t h e Zew York d i s t r i c t and ' - 1 8 , 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 , w h i l e 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 y b , 0 0 0 , 0 0 0 i n t h e Hew York d i s t r i c t and *522,000,000 a t a l l r e p o r t i n g "banks. Hot demand d e p o s i t s , which a t a l l r e p o r t i n g b a n k s were $ l 4 l , 0 0 0 , 0 0 0 below A p r i l 17 t o t a l , d e c r e a s e d $ 4 9 , 0 0 0 , 0 0 0 i n the j e w York d i s t r i c t , $ 3 2 , 0 0 0 , 0 0 0 i n Cnicago d i s t r i c t , 1^12,000,000 each i n t n e P h i l a d e l p h i a and San F r a n c i s c o d i s t r i c t s , and - 1 0 , 0 0 0 , 0 0 0 i n t h e Boston d i s t r i c t . Time d e p o s i t s i n c r e a s e d $>5,000,000 each i n t h e "Tew York and Chicago d i s t r i c t s and d e c r e a s e d 6 9 , 0 0 0 , 0 0 0 t h e P h i l a d e l p h i a d i s t r i c t , $ 5 , 0 0 0 , 0 0 0 i n t h e Boston d i s t r i c t and $ 4 , 0 0 0 , 0 0 0 a t r e p o r t i n g ban.:s. the the in all Tne p r i n c i p a l changes i n b o r r o w i n g s f r o m F e d e r a l r e s e r v e b a n k s f o r t h e week c o m p r i s e s d e c r e a s e s of -S15_.000.000 a t t h e F e d e r a l R e s e r v e Bank of C l e v e l a n d , $ 2 , 0 0 0 , 0 0 0 a t S t . L o u i s , $ 6 , 0 0 0 , 0 0 0 a t Chicago, and $ 4 , 0 0 0 , 0 0 0 a t Richmond. A sum nor y of t h e p r i n c i p a l a s s e t s a n d l i a b i l i t i e s of weekly r e p o r t i n g member b a n k s , t o g e t h e r w i t h c h a n g e s d u r i n g t h e week and t h e y e a r e n d i n g A o r i l 24, 1929. v follows: " ( i n m i l l i o n s of d o l l a r s ) Apr. 24. 1929 I n c r e a s e or d e c r e a s e s i n c e Apr. 1 7 . 1 9 2 9 Apr. 25. 192S Loans and i n v e s t m e n t s - t o t a l 22,259 - 81 + 341 Loans - t o t a l 16,388 - 43 + 7,335 3,052 - IS* - 26 • + 386 + 230 On s e c u r i t i e s All other Investments - t o t a l T J. 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 w i t h F. 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 f r o m b a n k s Due t o b a n k s Borrowings from F. R. Banks 5,371 3,002 2, SbS 1,658 235 - 617 276 - lb + - 22 - 280 + 13 8 - 139 7 3 12,977 6,775 l4g - l4l 4 - 17 1,076 - 52 - 183 - - + 153 2,5.42 69 s 31 730 28 + 31 — 47 503 • A p r i l 17 f i g u r e s r e v i s e d . C. Federal Reserve Board, For i a m e d i a t e r e l e a s e A p r i l 25, 1929 CCEtDITIGM OF '7BEICLT REPORTING- 1SMS3B. BMLIS IN CM2RAL RESERVE CITIES ( i n m i l l i o n s of d o l l a r s ) jET YORK 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 U. S. Government s e c u r i t i e s Other s e c u r i t i e s Apr. 24 1929 Apr. 17 1929 Apr. 25 1928 7,253 7,252 7,1^5 5.410 5,39S 5,305 2,707 2,702 2,652 2,716 2,716 1,844 1,854 i,s4o 1,079 2,589 i,o4s 765 'III 792 704 709 50 781 51 5,160 1,153 62 5,205 1,147 69 5,559 1,138 35 Dae f r o m oanlcs-" Dae t o b a n k s 93 795 98 903 992 B o r r o w i n g s f r o m F . R. Bank 177 179 172 1,200 R e s e r v e 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 Loans on s e c u r i t i e s t o "brokers and d e a l e r s : For orm 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 b a n k s For a c c o u n t of o t h e r s 54 117 924 877 1,652 2,916 1,662 5,492 5,425 l,6i4 1,331 4,i44 5,077 415 5,023 402 3,170 974 Loans and i n v e s t m e n t s - t o t a l 2,027 2,036 2,007 Loans - t o t a l l^5£3_ 1,600 1,492 704 90S 692 669 434 436 515 127 247 1S4 251 '228 288 171 15 170 15 1Q2 17 1,210 647 1,252 16 1,213 646 IS 157 310 176 316 158 20 25 46 Total ' On demand On t i m e 2,886 CHICAGO 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 vrith F . R. Bank Cash i n v a u l t Hot 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 Duo f r o m b a n k s Du.c t o banks B o r r o w i n g s f r o m F . R. Bank S90 (St. c. 6172a) S22 690 9 367 For immediate r e l e a s e St. 6172b PRINCIPAL RESOUBfc :S MD LI ABILITIES 01 WEEKI.-J REPORTING MEMBER BANKS III EA.CH FEDERAL RLSERVE DISTRICT CSJ APRIL 24, 1929 ( I n m i l l i o n s of d o l l a r s ) Federal Total 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 I n v e s t innts - t o t a l V, # ovg. s e c u r i t i e s Ovjor L0c.riti0& R e s e r v e w i t h j \ 2 , Bank Cash i n v a u l t l 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 Dae f r o m h a n k s .c t o h a n k s B o r r c .-in^s f r o m J . R. Bank n Boston Hew York Phila. Cleve. Rich. IAtlanta Reserve OT t. Chicaco Louis District j . jKansas • Minn •' Dallas 1 City San F r a n . 1,499 8,514 1,258 2,191 61>5 647 3,296 699 375 679 4o2 I,9_4O_ 16,388 l,ll4 6,347 937 1,521 518 513 2,572 521 250 444 350 Woo_ 7,335 9,052 469 645 3,139 3,208 519 4is 702 819 191 326 149 364 1,201 1,371 232 289 81 170 i4o 304 102 412 249 888 5,871 385 2,167 321 670 15s 134 724 178 124 235 135__ 64o 3,002 2,80S 189 196 1,184 984 104 322 348 73 85 54 70 3 SI 108 70 69 55 ill 124 £ 1,658 235 97 17 767 67 76 14 122 39 11 4o 24g 37 46 26 12,977 6,775 l4s 891 5,755 1,706 698 276 1,023 963 12 346 24l 4 330 228 7 i,so6 378 231 1,076 2,542 69G 46i 6 47 64 217 7 30 9 343 1,239 • IS 6 2 106 . 135 845 151 98 197 48 93 74 99 431 ill 4Q 211 70 57 27 44 81 28 62 378 262 6 55 34 11 8 107 19 210 485 ISO 2 296 142 10 758 975 14 107 55 124 131 l 55 t 20 134 30 167 16 66
@FedFRASER