The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATEMENT FOR THE PRESS S t . 66s7 Federal Reserve Board August 18, 1930. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The Federal Reserve Board's condition statement of weekly r e p o r t i n g member banks i n l e a d i n g c i t i e s on August 13 shows decreases f o r the week of $71,000,000 i n loans ,and investments, $19,000,000 i n Government deposits and $13,000,000 i n "borrowings from Federal r e s e r v e banks, and i n c r e a s e s of $4l,000,000 in net demand deposits and $37,000,000 i n time d e p o s i t s . Loans on s e c u r i t i e s , which a t a l l r e p o r t i n g banks were $58,000,000 below the previous week's t o t a l , declined $54,000,000 i n the Hew York d i s t r i c t , $9,000,000 in the Cleveland d i s t r i c t and $6,000,000 i n the Chicago d i s t r i c t , and increased $21,000,000 in the San Francisco d i s t r i c t . "All o t h e r " loans i n c r e a s e d $20,000,000 i n the New York d i s t r i c t , $11,000,000 i n the P h i l a d e l p h i a d i s t r i c t and $9,000,000 a t a l l r e p o r t i n g banks, and declined $11,000,000 i n the Chicago d i s t r i c t and $8,000,000 i n the San Francisco d i s t r i c t . Holdings of II. S. Government d i s t r i c t and $17,000,000 a t a l l declined $24,000,000 i n the New Chicago d i s t r i c t , a l l r e p o r t i n g s e c u r i t i e s declined $14,000,000 i n the New York r e p o r t i n g banks. Holdings of o t h e r s e c u r i t i e s York d i s t r i c t and i n c r e a s e d $11,000,000 in the banks showing a n e t reduction of $5,000,000. The p r i n c i p a l change i n borrowings from Federal r e s e r v e banks f o r the week was a d e c l i n e of $12,000,000 a t the Federal Reserve Bank of New York. 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 during t h e week and the year ending August 13, 1930, f o l l o w s : (In m i l l i o n s of d o l l a r s ) . Increase or decrease since Aug. 13.1930 Aug. 6 . 1 9 % Aug. 14.1929 Loans and investments - t o t a l 23,092 - Loans - t o t a l 16,S57 - 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 Net demand deposits Time deposits Government d e p o s i t s Due from banks Due to banks Borrowings from F. R. Banks 71 + - 642 86 8,376 8,481 53 9 + + 803 889 6.235 - 22 + 728 17 5 + + 126 601 2,860 3.375 1,789 214 + + 37 9 + 115 31 13,705 7,394 46 + + 4i 37 19 + + + 514 673 2 1.564 3,362 •f 46 20 + + 484 728 13 — 688 38 — Federal Reserve Board August l 4 , 1930 for immediate r e l e a s e •CCSJDITI05J OF WEEKLY REP0HTD7G 'KM92R 3MKS III CM URAL RESERVE CITIES (In millions of d o l l a r s ) Aug. 13 1930 Aug. 6 1930 Aug. l 4 1929 Loans and investments - t o t a l 8,0o8 8,136 7,381 Loans - t o t a l 6,002 6,036 5,653 3,535 2,417 3,632 2,4O4 2,322 2,830 2,oS6 2,099 1,728 1,065 1,002 1,079 1,020 962 766 2TEW YORK 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 in v a u l t 45 754 45 Net demand deposits Time deposits Government deposits 5.595 l,44o 15 5,595 1,4-20 22 5.172 1,142 11 Dae from "banks Dae to "banks i,oo4 1,034 96 89 836 15 191 7 94 Borrowings from F. R. Bank Loans on s e c u r i t i e s to "brokers and d e a l e r s : For own account For account of out-of-town "banks For account of others Total On demand On time - 1,646 705 804 ? 56 965 1,810 3.173 5,952 3,155 2,513 642 801 3.2l4 2,578 635 Loans and investments - t o t a l 2,023 2,026 1,938 Loans - t o t a l 1,565 1,575 1,564 ^56 878 686 451 374 195 257 163 211 194 13 176 15 1,235 651 • 2 1,236 652 3 1,235 572 3 155 371 154 371 133 310 2 2 43 5,597 355 CHICAGO On s e c u r i t i e s All other Investments - t o t a l 920 645 458 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 in v a u l t Net demand deposits Time deposits Government deposits Dae from "banks Dae to "banks Borrowings from F. R. Bank ' ( S t . 6687a) For immediate r e l e a s e arUOIPAl RESOURCES MD LIABILITIES OF I M L I REPORTING MEMBER B I B IH BACK BUBAL RESERVE m s m i C I ON AUGUST 1 3 , 1 9 3 0 ( I n m i l l i o n s of d o l l a r s ) Total Loans and i n v e s t m e n t s - t o t a l 23,092 Loans - t o t a l l6,S57 On s e c u r i t i e s All other Investments - t o t a l TJ. S. Govt, s e c u r i t i e s Other s e c u r i t i e s Beserve with F. R. Bank Cash i n v a u l t 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 Dae from banks Dae to "banks Borrowings from P. R. Bank Boston S t . 6627% Federal Hew York P h i l a - Cleveland Richdelphia mond 1,511 9.33Q 1,138 Reserve A t l a n t a Chicago St. Louis District Minn- Kansas e a p o l i s City Dallas San Francisco 1,276 2,275 64g 584 3,391 673 355 651 437 1,961 6,896 937 1,499 467 449 2,617 519 234 430 329 1,342 8,376 8,481 503 634 4,021 2,275 500 438 737 76l 177 290 151 29s 1,282 1,335 242 277 73 155 133 297 99 230 452 890 6,235 373 2,434 338 777 183 135 773 154 121 220 108 619 2,860 3,375 151 222 1,187 1,247 79 260 371 405 81 102 61 74 30 125 % 91 129 62 47 1,78 329 289 100 15 852 58 83 12 i4I 29 4i 11 38 9 44 6 24 5 57 11 32 7 io4 18 878 6,181 2,004 17 754 S 1,147 1,016 4 352 253 3 313 242 4 1,933 1,319 2 378 238 l 221 131 506 189 1 274 151 3 769 1,001 4 101 223 137 345 83 108 76 96 259 528 65 128 81 83 222 252 90 90 227 288 21 13,705 518 4 1,564. 3,362 38 66 130 . 156 1,092 12 33 8 m 2 34 2
@FedFRASER