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STATEMENT FOR THE PRESS B~804 BoaM ^ immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BAMS IN LEADING- CITIJ® The Federal Reserve Board's condition statement of weekly r e p o r t i n g member "banks in leading c i t i e s on August 24 shows decreases f o r the week of $81,000,000 in loans and investments, $29,000,000 i n Government d e p o s i t s and $12,000,000 i n "borrowings from Federal r e s e r v e "banks, and i n c r e a s e s of $43,000,000 i n net demand deposits and $65,000,000 i n reserve balances with Federal r e s e r v e banks. Loans on s e c u r i t i e s declined $18,000,000 a t r e p o r t i n g member banks in the Chicago d i s t r i c t , $14,000,000 i n the New York d i s t r i c t and $35,000,000 a t a l l r e p o r t i n g banks. "All o t h e r " loans declined $19,000,000 i n the New York d i s t r i c t , $12,000,000 i n the Chicago d i s t r i c t and $46,000,000 a t a l l r e p o r t i n g "banks. Holdings of United S t a t e s Government s e c u r i t i e s increased $7,000,000 i n the Boston d i s t r i c t , and decreased $5,000,000 each i n the ?Tew York and Richmond d i s t r i c t s and $3,000,000 a t a l l r e p o r t i n g member banks. Holdings of other s e c u r i t i e s increased $9,0X1,000 i n the Chicago d i s t r i c t , $6,000,000 i n the %w York d i s t r i c t and $8,000,000 a t a l l r e p o r t i n g t a n k s . Borrowings of weekly r e p o r t i n g member "banks from Federal reserve "banks aggregated $150,000,000 on August 24, the p r i n c i p a l change f o r the week being a decrease of $6,000,000 a t the Federal Reserve Bank of San F r a n c i s c o . A summary of the p r i n c i p a l a s s e t s aad l i a b i l i t i e s of weekly r e p o r t i n g member banks, together with changes during the week and the year ending August 24, 1932, follows: (In m i l l i o n s of d o l l a r s ) Aug. 24. 1932 Increase or decrease since Aug. 17. 1932 Auff. 26,19}1 Loans and investments - t o t a l 18,499 - 81 z—— -—^'52.1 Loans - t o t a l 10,828 - , ^81 -—^*507 35 46 46 ~ ^'^29 - 1,578 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 e s Reserves with F . R. Banks Cash in vault Set demand d e p o s i t s Time deposits Government deposits Due from banks Due to banks Borrowings from F. B* Banks 4,548 6,280 - 24 7#&71 + + 1,698 206 + 65 65 + + 5 + 10,862 5,635 223 - 88 88 4,491 3,180 + 4l3 ' ^43 22 -~ 29 ^ " - f'?!? 1,382 56 335 + * + + 1,266 2,717 -- - 12 27 27 " - 150 - 112 2 + 5 6 Federal Reserve Board Aureust 25, 1932 For immediate r e l e a s e CONDITION OF "THICKLY REPORTING- MSMBSRBAJKS IN CEFTRAL R5S5RV5 CITIES ( I n m i l l i o n s of d o l l a r s ) Aug. 24 1932 Aug. 17 1932 Aug. 25 1931 Loans and investments - t o t a l 6,473 6,501 7,641 Loans - t o t a l 3,454, 3,482 5,009 1,651 1,803 1,662 1,820 2,354 i.oiq 3,019 2,632 2,067 952 2,073 946 1,615 1,017 862 38 789 37 811 64 5,025 830 98 4,957 827 112 1,108 15 H 81 1,157 1,029 HEW 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 Reserves 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 Due from "banks Due to banks 1,156 Borrowings from F . R. Bank On demand On time 330 18 7 . 5,657 75 8 - - Loans on s e c u r i t i e s t o "brokers and d e a l e r s : For era. account For account of oivt-of-tovm "banks For account of o t h e r s Total 2,655 35.5. 257 98 320 17 7 344 960 223 166 1,349 247 97 953 1,237 1,254 1,792 846 870 1,239 481 365 498 372 724 515 391 384 553 211 ISO 213 171 318 235 396 CHICAGO 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 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 196 14 Reserves u i t h F . R. Bank Cash in v a u l t 190 17 186 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 792 334 9 803 334 10 1,195 527 3 Due from "banks Due to "banks 195 184 146 23s 243 288 5 5 1 Borrowings from F . R. Bank 16 (B-804a) For immediate r e l e a s e f PRINCIPAL RESOURCES AH) LIABILITIES OF WEEKLY REPOBTIFG MEMBER BAFICS IN EACH FEDERAL RESERVE DISTRICT OF AUGUST 24, 1932 ( j n m i l l i o n s of d o l l a r s ) 1 Total 1 Boston Few York | Philadelphia B-604b Federal Reserve St. Cleve- J R i c h | At lan t a j Chi cago | l a n d | mond Louis District | Minn- [Kansas j e a p o l i s | City Dallas 1 San jFrancisco Xqans and i n v e s t m e n t s - t o t a l 18,4^9 1,215 7,472 1,092 1.913 572 493 2,280 521 317 521 374 1.725 Loans - t o t a l 10,523 759 4,071 624 1,145 323 322 1,601 300 188 262 235 998 4,54s 6,230 283 471 1,90S 2,163 310 314 626 519 119 204 106 216 732 869 114 136 55 133 77 I85 73 162 247 751 7.671 456 3.401 463 768 24q 171 679 221 ipq ?6l 139 . 727 4,491 ' 3 , ISO 270 186 2,216 1,135 199 269 434 334 127 122 OO 83 375 304 96 127 § l4l 120 83 56 397 330 1,698 206 94 15 912 49 70 12 104 24 23 7 242 34 6 19 5 26 8 58 16 10,362 5,635 223 714 427 623 270 13 820 17 223 7 213 195 13 1,182 913 16 201 13 5,452 1,258 106 350 179 4 220 12b 9 830 16 1,266 2,717 136 115 1,212 95 85 210 69 81 64 71 275 322 71 90 127 176 146 74 69 131 153 150 2 26 0 16 9 17 8 2 4 2 55 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 Due from banks Due to "banks Borrowings from F . R. Bank S27 £ 276 36 275 3 162 13s l l S 563
@FedFRASER