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STATEMENT FOR THE PRESS For immediate r e l e a s e B-609 F e d e r a l Reserve Board December 21, 1931 CONDITIO1* OF WEEKLY UTORTPTr MSMWt BATS P T T^ADPTC- 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 in l e a d i n g c i t i e s on December l 6 shows i n c r e a s e s f o r the week of $299,000,000 i n l o a n s and i n v e s t m e n t s , $539,000,000 i n Government d e p o s i t s , $63,000,000 i n n e t demand d e p o s i t s and $76,000,000 in r e s e r v e s r i t h F e d e r a l r e serve b a n c s , and d e c r e a s e s of $69,000,000 in time d e p o s i t s and $36,000,000 i n borrowings from F e d e r a l r e s e r v e 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 banks i n the Chicago d i s t r i c t and $19,000,000 a t a l l r e p o r t i n g 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 $25,000,000 in the New York d i s t r i c t , and d e c l i n e d $6,000,000 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 , f o l l o w i n g the December 15 i s s u e s by the T r e a s u r y , i n c r e a s e d $183,000,000 a t banks i n the New York d i s t r i c t and $339,000,000 a t a l l r e p o r t i n g member b a n k s . Holdings of o t h e r s e c u r i t i e s d e c l i n e d $9,000,000 i n the New York d i s t r i c t and $15,000,000 a t a l l r e p o r t i n g banks. Borrowings of weekly r e p o r t i n g member banks from F e d e r a l r e s e r v e banks a g g r e g a t e d $392,000,000 on December l 6 , the p r i n c i p a l changes f o r the week b e i n g d e c r e a s e s of $2b,000,000 i n the San F r a n c i s c o d i s t r i c t , $21,000,000 i n the Few York d i s t r i c t and $9,000,000 i n the Chicago d i s t r i c t , and i n c r e a s e s of $9,000,000 i n the P h i l a d e l p h i a d i s t r i c t , $7,000,000 i n the Cleveland d i s t r i c t and $6,000,000 i n the Boston d i s t r i c t . A summary of the p r i n c i p a l a s s e t s end l i a b i l i t i e s of weekly r e s o r t i n g member bancs, t o g e t h e r w i t h changes d u r i n g the week and the year ending December 9, 1931, 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 ) Dec. 16,. 1911 I n c r e a s e or d e c r e a s e s i n c e Dec. 9,1931 Dec. 17,1930 Loans and i n v e s t m e n t s - t o t a l 20,963 + Loans - t o t a l 13,212 - 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 5,741 7,471 — 299 - 2,121 25 - 3,046 19 6 - 2,006 1,040 7,751 + 32U + 4,336 3,415 + 339 15 + 1,122 1,557 259 + + 76 11 12,163 6,004 544 + + 63 69 539 1,012 2,540 + + gU 153 392 - 36 924 197 — 187 34 1,603 1,176 + 296 - + 469 894 232 F e d e r a l Heserve Board December 1J, 1931 For immediate r e l e a s e CONDITION OF WEEKLY REPORTINGBAr'KS IF CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) Dec. l 6 1931 Dec. 9 1931 Dec. 17 1930 Loans and i n v e s t m e n t s - t o t a l 7.25S 7,064 8,003 Loans - t o t a l 4,451 4,425 5,706 2.20S 2,243 2,210 2,215 3,248 2,457 2,807 2,639 2,297 1,836 971 1,657 982 1,236 1,061 79% 52 722 51 841 90 5,376 810 264 5,290 831 1 5,855 1,216 43 71 923 52 819 99 1,211 12 25 555 93 9 662 552 117 21 69O 1*184 395 430 2,008 500 162 515 175 1,475 534 1,625 1,632 2,061 1,112 1,132 1,437 661 451 675 457 874 613 513 500 574 300 213 286 214 273 301 173 21 164 . 15 194 15 NEW 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 i n v a u l t $fet demand d e p o s i t s Tine d e p o s i t s Government d e p o s i t s Due from baiL.cs Due to banks Borrowings from F . R. Bank - Loans on s e c u r i t i e s to b r o k e r s ana 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 t irae 1 CHICAGO 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 A l l other Investments - t o t a l TJ. 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 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 Due from banks Due to banks Borrowings from F . R. Bank . 1,084 427 26 1,082 431 1,306 617 31 125 283 116 238 142 358 8 9 1 (B-609a) B-609TD For Immediate r e l e a s e PRINCIPAL-.! S3S0URCES AHD LIABILITIES OF WSSKLY REPORT DIG MEMBER BA21KS III EACH FEDERAL RESERVE DISTRICT OIT DECEMBER l 6 , 1931 ( I n m i l l i o n s of d o l l a r s ) Total Federal ! CIeve- | PhilaBoston jFew York d e l p h i a land | District San | Minn- K a n s a s | St. j A t l a n t a | Chi c ago j Louis | e a p o l i s C i t y j D a l l a s F r a n c i s c o Reserve Richmond Loans and i n v e s t m e n t s - t o t a . 1 20,963 1,355 8,397 1,240 2,057 624 561 2,843 615 350 598 446 1,877 Loans - t o t a l 13.212 399 5.180 732 1.297 380 366 2.011 391 224 331 285 1.116 5,74l 7,471 338 561 2,534 2,646 375 357 584 713 l44 236 115 251 975 1,036 156 235 59 165 92 239 79 206 290 826 7.751 456 3.217 508 76O 244 195 832 224 126 267 161 761 4,336 3,415 213 243 1,993 1,224 219 289 4lS 342 121 123 104 91 472 360 94 130 54 72 134 133 100 61 4i4 347 Reserve w i t h F . R. Bank Cash i n v a u l t 1,667 • 259 S3 24 849 67 77 16 111 35 36 15 31 7 246 44 42 7 23 5 50 13 31 6 88 18 Ifet 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 12,lbS 6,004 544 764 464 10 5,866 1,287 279 687 273 302 232 24 255 207 17 1,567 1,056 37 342 208 8 192 145 2 393 187 4o 595 880 37 251 135 30 654 930 56 1,012 2,540 62 110 109 955 66 155 73 186 58 85 51 72 207 390 41 83 54 104 152 66 79 121 174 392 19 47 65 86 17 31 48 11 - 17 8 47 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. Govt, s e c u r i t i e s Other s e c u r i t i e s Due from banks Due to banks Borrowings f r o m F. R. Bank 69 4
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