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STATEMENT FOB THE PRESS For immediate r e l e a s e B-804 F e d e r a l Reserve i gBoard 3U< 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 August 22 shows d e c l i n e s of $7,000,000 i n t o t a l loans and i n v e s t m e n t s , $9,000,000 i n n e t demand d e p o s i t s and $19,000,000 i n Government d e p o s i t s , and i n c r e a s e s of $2,000,000 i n time d e p o s i t s and $18,000,000 i n r e s e r v e b a l a n c e s with F e d e r a l Reserve b a n k s . Loans on s e c u r i t i e s d e c l i n e d $15,000,000 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 , $ 6 , 0 0 0 , 0 0 0 i n t h e Chicago d i s t r i c t and $23,000,000 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 i n c r e a s e d $5,000,000 i n the Chicago 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 b a n k s . Holdings of United 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 $ 5 , 0 0 0 , 0 0 0 each i n the New York and San F r a n c i s c o d i s t r i c t s and $9,000,000 a t a l l r e p o r t i n g member banks. Holdings 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 $5,000,000 i n the Boston d i s t r i c t and $13,000,000 a t a l l r e p o r t i n g b a n k s . Licensed member banks f o r m e r l y i n c l u d e d i n the 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 the 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 , 1 8 2 , 0 0 0 , 0 0 0 and n e t demand, time and Government d e p o s i t s of $ 1 , 2 6 7 , 0 0 0 , 0 0 0 on August 22, compared with $ 1 , 1 7 9 , 0 0 0 , 0 0 0 and $1,273,000,000, r e s p e c t i v e l y , on August 15. 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 the 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 i n c l u d e d i n the s t a t e m e n t , t o g e t h e r with changes f o r the week and the y e a r ended August 22, 193'"% 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 ) Aug. 22.1934 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 Reserves 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 from banks Due to banks Borrowings from F . R. banks I n c r e a s e or d e c r e a s e s i n c e Aug. 15,1934 Aug. 23, 1933 17,7?-5 =_L +1.120 7,814 -11 -691 3,271 4,R43 -23 +12 -466 -225 9,9H 4- 4 +1,811 6,651 3,260 - 9 +13 +1,496 +315 - 3,064 234 +18 + 3 +1,286 +47 12,818 ^,513 1,236 - 9 + 8 -19 +2,440 - 3 +361 1,550 3,7^1 -33 -80 +427 +1,293 5 -24 F e d e r a l Reserve Board August 23, 1934. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) Aug. 22 1934 Aug. 15 1934 Aug. 23 1933 NEW YORK Loans and i n v e s t m e n t s - t o t a l 7,105 7,132 , 6.685 Loans - t o t a l 3,019 3,034 3,3^6 1,503 1,516 1,520 1,514 1,757 1,589 4,086 4,098 3,339 2,883 1,203 2,886 1,212 2,287 1,052 Reserves w i t h F. R. bank Cash i n v a u l t 1,451 37 1,419 40 862 36 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 6,217 664 675 6,205 669 684 5,199 755 393 Due from banks Due to banks 64 1,554 _65 1,601 64 1,091 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 Borrowings f r o m F . R. bank Loans on s e c u r i t i e s t o b r o k e r s and d e a l e r s : For own account 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 demand On time — 810 668 152 1 821 496 314 504 317 726 119 8 853 580 273 1,470 1,468 1,252 58I 583 700 263 31s 270 313 351 349 839 885 552 587 302 584 301 328 224 507 35 511 35 289 26 l , 4l4 1,425 359 42 976 352 62 169 426 222 255 657 152 j CHICAGO Loans and i n v e s t m e n t s - t o t a l Loans - to 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 Reserves 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 t o banks Borrowings from F . R. bank % 162 420 • — (B-804a) For immediate r e l e a s e PRINCIPAL ASSETS AMD LIABILITIES OF WEEKLY BEP0RT1BG- MEMBER BALTICS Iii LnADIxTG CITIES, BY DIS^niCTS, ON iJJC-USx 2c., 1^3^ ( 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 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 . G o v ' t , s e c u r i t i e s All other E e s e r v e s w i t h P . H. Bank Cash i n v a u l t 21 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 Sue f r o m banks Due t o b a n k s Borrowings from ? . E . banks Phila- Mew Boston | i York delphia Hesei •ve Federal Cleve- Rich- land mond )istrict Liinn- St. Atlanta Chicago Kansas ! Dallas City Loiii s San Francisco 17,725 1,1$ 2 5,020 1,062 1,195 347 331 1,854 512 362 5bl U15 1,874 7, 8 l 4 673 3,521 492 408 161 loo 735 210 165 215 184 884 3,271 4,543 250 423 1,721 1,800 223 269 193 215 57 104 56 110 316 419 76 134 39 126 59 156 57 127 224 660 519 4,499 570 737 186 165 1,119 102 197 346 231 990 6,651 3,260 344 175 3,064 1,435 293 277 581 20b 128 58 109 56 772 347 193 13s 109 59 232 114 175 56 622 368 3,064 234 22b 49 1,508 43 126 12 151 18 52 11 29 6 548 44 77 8 50 4 90 11 74 8 133 15 12,SIS 4,513 1,236 871 342 104 6,623 1,096 710 66s 223 135 8 175 129 29 1,650 493 61 340 I06 33 240 124 8 436 166 23 279 123 63 657 951 % 656 466 48 1,550 3,741 ll4 190 130 1,617 128 220 94 183 79 89 81 227 514 103 14Q 73 112 206 26s 137 125 178 195 Q v ~l l v *. Q ...J 79 81 5 5 * * 4 » » > * 4 » 1 '
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