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STATEMENT FOB THE PRESS St. 6837 Federal Reserve Board December 22, 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 leading c i t i e s on December 17 shows s u b s t a n t i a l d e c l i n e s f o r the week p a r t l y as a r e s u l t of the c l o s i n g of one hank i n New York City which showed loans and investments of about $190,000,000 on i t s l a s t r e p o r t . As compared with a week ago the statement shows a decline of $158,000,000 in loans and i n vestments, $143,000,000 in n e t demand deposits and $175,000,000 i n time deposits and i n c r e a s e s of $248,000,000 i n government d e p o s i t s and $54,000,000 i n "borrowings from Federal r e s e r v e "banks. Loans on s e c u r i t i e s declined $64,000,000 a t "banks in the New York d i s t r i c t and $28,000,000 a t a l l r e p o r t i n g "banks and increased $11,000,000 i n the Cleveland d i s t r i c t and'$12,000,000 i n the Chicago d i s t r i c t . "All o t h e r " loans dec l i n e d $128,000,000 i n the New York d i s t r i c t ' , $14,000,000 i n the P h i l a d e l p h i a d i s t r i c t , $11,000,000 i n the Boston d i s t r i c t and $139,000,000 a t a l l r e p o r t i n g "banks. Holdings of U. S. s e c u r i t i e s declined $32,000,000 i n the New York d i s t r i c t and increased $39,000,000 i n the Chicago d i s t r i c t , $18,000,000 in the P h i l a d e l p h i a d i s t r i c t , $13,000,000 in the Boston d i s t r i c t , $11,000,000 in the Cleveland d i s t r i c t .and $70,000,000 a t a l l r e p o r t i n g "banks. Holdings of other s e c u r i t i e s dec l i n e d $53,000,000 i n the New York d i s t r i c t and $60,000,000 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 the Federal reserve "banks aggregated $160,000,000 on December 17, an i n c r e a s e of $54,000,000 f o r the week, $42,000,000 of which was i n the San Francisco d i s t r i c t and 99,000,000 i n the Cleveland 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 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, together with changes during the week and the year ending December 17, 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 Dec. 17.1930* Dec. 10.1930 Loans and investments - total 23,084 - Loans - total 16,258 — On securities All other Investments - total U. S. Government securities Other securities Reserve with F. R. Banks Cash in vault Net demand deposits Time deposits Government deposits Due from "banks Due to "banks Borrowings from F. R. Banks 7,741 8,517 - 158 _JL6S 23 139 6,827 4^ 11 3,2i4 3,612 1,854 293 4- 13,771 • 7,180 248 1,481 3,434 160 70 60 Dec. 18. 1929 4- -1,098 157 - + + 4- + 143 175 248 11 95 + 54 + 941 +1 ,240 + 4- 142 44+ + 471 768 80 3 95 478 135 315 + 612 - 308 •Exclusive of f i g u r e s f o r one "bank i n New York City, closed December 11. Last r e p o r t of "bank showed loans and investments of about ;'?190,000,000. Federal Reserve Board December 18, 1930. For immediate r e l e a s e CONDITIO!! OF iTEEKLY REPORTING MEMBER BAMS Ii! CENTRAL RESERVE CITIES ( i n m i l l i o n s of d o l l a r s ) Dec. 17* 1930 Dec. 10 1930 Dec. 18 192Q Loans and investments - t o t a l 8,003 8,280 7,929 Loans - t o t a l 5,706 5,896 5,927 3,248 2,457 3,310 3,022 2,905 2,297 2,384 1,236 l,06l 1,271 1 ,n4 2,002 • 1,112 890 841 90 S4i 79 797 80 1,216 5.855 5,947 1,360 5,715 1,210 1,211 99 78 1,104 911 25 19 88 1,184 395 430 2,008 1,475 534 1,269 400 430 2,099 1,551 547 832 750 1,804 3,386 2,943 443 Loans and investments - t o t a l • 2,061 2,018 1,907 Loans - t o t a l 1,487 1,475 1,538 874 513 861 Si4 885 653 , 57*+ 543 369 273 301 239 304 l6l 208 194 15 192 - 179 1,306 617 1,328 616 1,239 534 9 142 358 • 155 126 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 in v a u l t Net demand deposits Time deposits Government deposits 43 Dae from "banks Dae t o "banks 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 o t h e r s Total On demand On time 2,586 25 95 CHICAGO 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 Net demand deposits Time deposits Government deposits Dae from "banks Dae to banks Borrowings from F. R. Bank 31 l4 335 IS 313 24 l *Exclusive of f i g u r e s f o r one "bank i n New York City, closed December 11. Last r e p o r t of "bank showed loans and investments of about $190,000,000. ( S t . 6837a) For immediate r e l e a s e S t . 6837a. PRINCIPAL RESOURCES ATD LIABILITIES OF ITBEKLY REPORTING M3MBER BAMS IE EACH FEDERAL RESERVE DISTRICT OK DECEMBER 17, 1930 ( i n m i l l i o n s of d o l l a r s ) Ii 1 Federal Reserve | RichP h i l a CleveSt. flew York*( A t l a n t a Chicago| delphia | mond Louis l a n d i Disti ' i c t Minn- j Kansas e a p o l i s j. City Total Boston Loans and i n v e s t m e n t s - t o t a l 23,084 1,495 9,234 1,314 2,247 648 605 3,415 64o 371 Loans - t o t a l 16,2R3 1,100 6,545 878 1,503 464 452 2,51s __ 477 7,741 2,517 450 3,644 2,901 452 426 735 768 175 289 137 315 1,231 1,288 6,827 394 2,689 436 744 184 153 3,a4 3,612 165 229 1,356 1,334 145 291 353 391 110 74 1,854 100 904 On s e c u r i t i e s A l l 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. B.' Bank Cash i n v a u l t Bet demand d e p o s i t s Time deposits Government d e p o s i t s Dae from "banks Du.e to "banks Borrowings from F. R. "bank 293 13,771 7,180 24s 651 Dallas j San jPrancisci 653 449 2,011 24O 412 327 1,340 198 279 78 162 111 302 95 233 436 904 897 163 131 241 122 671 73 81 431 466 32 131 68 64 100 142 71 51 347 324 110 26 16 105 80 17 136 33 4o 17 38 10 275 38 46 9 28 5 10 57 35 7 870 523 23 6,438 1,763 50 756 36l 20 1,066 1,005 26 339 243 299 230 24 1,9H 1,300 39 374 229 l 221 151 1 468 195 3 i4s 14 1,032 167 84 83 16s 213 108 115 206 5 1 .44 16 1,4si 84 3,434 131 1,283 87 230 106 298 73 104 74 98 235 496 89 118 loO 3 38 2 25 16 15 7 3 •Exclusive of f i g u r e s for one "bank i n Hew York City, closed December 11. Last r e p o r t of bank showed loans and investments of about $190,000,000. 276 752 30 264
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