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S~AT3MEKT FOR THE PRESS
s t . 6151
F e d e r a l Heserve Board,
A p r i l S, 1929.
For immediate r e l e a s e
C C O m t B OF VJBEICLY REPORTING MEISSR BANKS IU EEADIHG CITIES
The Federal Reserve B o a r d ' s c o n d i t i o n statement of wdikly r e p o r t i n g member
t a n k s i n 101 l e a d i n g c i t i e s on A p r i l 3 shows an i n c r e a s e i b r the week of
$26,000,000 i n l o a n s and d e c r e a s e s of ,10,000,000 i n i n v e s t m e n t s , of (16,000,000
in Government d e p o s i t s and of ,;>13,000,000 i n borrowings /rom F e d e r a l r e s e r v e
"banks. Hot demand and time d e p o s i t s showed r e l a t i v e l y l i t t l e change f o r the week.
Loans on s e c u r i t i e s d e c l i n e d v73,000,000 a t a l l Reporting b a n k s , decreases
of $46,000,000 "being r e p o r t e d "by member "banks i n the Hew York d i s t r i c t , of
$11,000,000 i n the San F r a n c i s c o d i s t r i c t and of (5,000,000 each i n the Cleveland,
A t l a n t a , and S t . Louis d i s t r i c t s , and an i n c r e a s e of $7,000,000 i n the P h i l a d e l phia d i s t r i c t .
"All o t h e r " l o a n s i n c r e a s e d $79»000,000 i n the Hew York d i s t r i c t ,
S,000,000
each i n the Boston and Richmond d i s t r i c t s , (6,000,000 each i n the
S t . Louis and A t l a n t a d i s t r i c t s , and $100,000,000 a t a l l r e p o r t i n g "banks.
Holdings of U. S, Government s e c u r i t i e s d e c l i n e d $12,000,000 while 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 $19,000,000 i n the Chicago d i s t r i c t and i n c r e a s e d
i?l4,000,000 i n t h e Hew York d i s t r i c t and $7,000,000 i n the San F r a n c i s c o 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 Ml,000,000.
-Net demand d e p o s i t s i n c r e a s e d $$4,000,000 a t r e p o r t i n g "banks i n t h e Hew York
d i s t r i c t and ^7,000,000 i n t h e Boston d i s t r i c t , and d e c l i n e d $25,000,000 i n the
Son F r a n c i s c o d i s t r i c t , $15,000,000 i n t h e Chicago d i s t r i c t , $11,000,000 i n the
A t l a n t a d i s t r i c t , ('9,000,000 i n t h e Kansas City d i s t r i c t , $7,000,000 i n the Cleveland d i s t r i c t and 56,000,000 i n t h e Minneapolis 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 r e d u c t i o n of $7,000,000. Time d e p o s i t s i n c r e a s e d $16,000,000 i n the
Hew York d i s t r i c t and . 1 2 , 0 0 0 , 0 0 0 i n the San F r a n c i s c o d i s t r i c t and d e c l i n e d
£16,000,000 i n the Chicago d i s t r i c t and $6,000,000 i n the Cleveland 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 $3,000,000.
The p r i n c i p a l changes i n "borrowings from F e d e r a l r e s e r v e "banks f o r the week
comprise a d e c l i n e of $66,000,000 a t the Federal Reserve Bank of Hew York, and i n c r e a s e s of $13,000,000 a t Chicago, $9,000,000 each a t A t l a n t a , Kansas City and
San Francisco and n7,000,000 a t S t . Louis.
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 weekly r e p o r t i n g member
"banks, t o g e t h e r with changes daring the week and the year ending April 3, 1929,
follows:
(In m i l l i o n s of d o l l a r s )
I n c r e a s e or decrease s i n c e
Apr. 3,1929
Mar.27,1929 -tor* 4,192s
Loans and i n v e s t m e n t s - t o t a l
22,559
+
l6
+
Loans - t o t a l
16,533
+
26
4- 752
On s e c u r i t i e s
A l l 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
Reserve with F. R. Banks
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
Dae from "banks
Dae t o banks
Borrowings from F. R. Banks
C
587
7,519
9,065
- 73
+ 100
+
+
566
187
5,976
-
10
-
165
3,074
2,901
+
12
1
1,688
240
-
18
3
13,157
6,830
289
7*
+
3
- 16
1,181
2,838
: s
766
-
13
*Mar. 27 f i g u r e s r e v i s e d .
+
-
102
269
8j)
668
+
+
ll
-
•562
+
298
F e d e r a l Reserve Board
A p r i l 4, 1929
For immediate r e l e a s e
COiTDITICST OF 7/SEXLY REPORTING
BANES IN CENTRAL R2SERVE CITIES
( I n m i l l i o n s of d o l l a r s )
NEW YORK
Loans and i n v e s t m e n t s - t o t a l
.Apr. 3
1Q29
Mar. 27
1929
Apr. 4
J-928
„ 7,1*05
7,366
7,235
5,484
5,374
2,819
2,702
2,852
2,632
2,733
2,64I
1,884
1,881
1,860
1,106
778
1,109
772
1,060
730
55
744
55
767
51
5,326
1,187
5,251
1,187
5,636
1,116
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
Reserve with F. R. Bank
Cash i n v a u l t
Uet 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
800
122
129
81
Dae from banks
Due to banks
123
924
133
927
124
1,151
Borrowings from P. R. Bank
135
204
162
1,021
1,652
. 2,889
1,071
1,680
2,89s
1,265
1,500
1.215
.5,562
5,649
3,979
Loans on s e c u r i t i e s t o "brokers and d e a l e r s :
For own account
For account of o u t - o f - t o w n banks
For account of o t h e r s
Total
On demand
On time
3,074
905
5,137
426
CHICAGO
Loans and i n v e s t m e n t s - t o t a l
2,06s
2,096
2,003
Loans - t o t a l
1,631
1,643
1,505
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
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
Dae from banks
Due to banks
Borrowings f r o m F. R. Bank
C.
Sl4
834
HI
91s
724
670
437
453
49s
201
201
252
216
166
16
170
181
16
1,172
638
31
1,197
237
15
655
33
282
1,252
682
21
162
322
152
328
171
397
99
86
4o
( S t . 6151a)
For immediate r e l e a s e
St. 6151b
PRINCIPAL RESOURCES AUD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT ON APRIL 3, 1929
( i n m i l l i o n s of d o l l a r s )
Federal
Phila.
Cleve.
Reserve
A t l a n t a Chicago S t . L o u i s
DiL s t r i c t
;ICans. jDallas
Minn.
City
Total
Boston
New York
Loans and i n v e s t m e n t s - t o t a l
22,559
1,520
8,656
1.259
2,217
688
648
3.343
724
380
682
495
1.947
Loans - t o t a l
16,583
1,132
6,445
932
1.530
530
513
2,6i4
531
254
448
358
1,297
7,519
9,065
4y4
'658
3.241
3,203
522
4ii
712
818
202
328
152
36s
1,228
1.386
239
292
80
174
142
305
113
245
413
884
5.976
388
2,212
326
687
158
136
729
193
126
234
137
650
3.074
2,901
192
196
1,208
1,004
104
223
330
357
73
85
66
69
357
372
70
56
112
122
g
387
263
1,688
24O
96
17
796
69
77
14
128
29
42
12
39
10
2^4
39
iS
1
24
6
56
11
35
8
106
19
13,157
6,830
289
889
474
13
5,907
1,736
126
712
279
l4
1,019
971
23
362
245
8
322
230
l4
1,781
1,225
35
383
233
3
220
132
2
495
17
302
145
20
764
981
28
1,181
2,838
52
117
171
984
67
154
98
206
51
102
81
116
238
463
57
124
46
86
ll4
201
61
88
145
196
766
45
ISO
66
72
28
4o
171
45
10
25
11
74
On s e c u r i t i e s
All other
Investments - t o t a l
U.S. Govt, s e c u r i t i e s
Other s e c u r i t i e s
Reserve with 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
Du.e from hanks
Due to banks
Borrowings from F. R. Bank
Rich.
4
C
.
2
San F r a n .
@FedFRASER