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STATE!®!T FOE THE PRESS
T.
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Iora2Aiat^release
S t . 6427
F e d e r a l Reserve Board
December 23, 1929
CCEDITIGN OF WEEKLY REPORTING MEMBER BANKS IN LEADING- CITIES
The F e d e r a l n e s e r v e B o a r d ' s c o n d i t i o n 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 December 18 shows i n c r e a s e s f o r the week of
$11,000,000 i n l o a n s and i n v e s t m e n t s and 386,000,000 i n Government d e p o s i t s ,
and d e c r e a s e s of $100,000,000 i n n e t demand d e p o s i t s and $25,000,000 in borrowings
from F e d e r a l r e s e r v e "banks.
Loans on s e c u r i t i e s i n c r e a s e d $78,000,000 a t a l l r e p o r t i n g b a n k s ,
*34,000,000 i n t h e San F r a n c i s c o d i s t r i c t , $1^,000,000 i n t h e New York d i s t r i c t ,
$12,000,000 i n t h e D a l l a s d i s t r i c t , $9>000,000 i n the A t l a n t a d i s t r i c t and
$8,000,000 in t h e Kansas City d i s t r i c t , and d e c r e a s e d $7,000,000 i n the Boston
district.
"All o t h e r " l o a n s d e c l i n e d $106,000,000 a t a l l r e p o r t i n g "banks,
^48,000,000 i n the New York d i s t r i c t , $16,000,000 i n the Chicago d i s t r i c t ,
$11,000,000 i n the Boston d i s t r i c t , $8,000,000 each i n the P h i l a d e l p h i a and San
F r a n c i s c o d i s t r i c t s and $7,000,000 i n the A t l a n t a d i s t r i c t .
Holdings of U. S. Government s e c u r i t i e s i n c r e a s e d $8,000,000 i n t h e San
F r a n c i s c o d i s t r i c t , $0,000,000 each i n the New York and Chicago d i s t r i c t s and
^24,000,000 a t a l l 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 i n c r e a s e d
*16,000,000 a t a l l r e p o r t i n g banks and $55,000,000 i n the New York d i s t r i c t , and
d e c l i n e d $22,000,000 i n the Boston d i s t r i c t and $14,000,000 i n t h e San F r a n c i s c o
district.
The p r i n c i p a l changes i n borrowings from F e d e r a l r e s e r v e banks f o r t h e week
comprise an i n c r e a s e of $23,000,000 a t the F e d e r a l Reserve Bank of New York and
d e c r e a s e s of $12,000,000 a t Kansas C i t y , $8,000,000 a t San F r a n c i s c o , $7,000,000
each a t Chicago and D a l l a s , and $6,000,000 a t Cleveland.
A summary of t h e p r i n c i p a l a s s e t s arid 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 w i t h changes d u r i n g t h e week and the y e a r ending December
18, I929, 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 )
I n c r e a s e or d ecreas e s i n c e
Dec. 18.iq2q
Pea, l l . i q g q Dec. 1Q. 1Q28
Loans and i n v e s t m e n t s - t o t a l
22,933
+
11
+
Loans - t o t a l
17,347
-
28
+1,099
7,896
9 >51
+ 78
- 106
+ 7b7
+ 332
5,587
+
4o
-
398
2,743
2,844
+
+
24
16
-
316
82
1,774
296
+
+
27
16
+
-
65
17
13,676
6,702
113
+
+
100
4
86
+
-
354
143
136
1,166
2,822
+
+
46
60
-
4i
147
-
25
-
232
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
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 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. Banks
C.
468
700
F e d e r a l Reserve Board
December 1Q, 1929.
x?or immediate r e l e a s e
CCCTDITI01I OF H3EKLY SE?QRTIiIG '.EMBER BANKS H CENTRAL RESERVE CITIES
( i n m i l l i o n s of d o l l a r s )
HEW TOHIC
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
Reserve with F. R. Bank
Cash i n v a u l t
Hot 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 f r o m "banks
Due t o banks
Borrowings from 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 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 time
Dec. 18 1929
Dec. 11
,Jd2S_
Dec. 19
1923
7ii22_
7,909
7,108
5,927
5,967
5,296
3,022
2,905
3,023
2,944
2,671
2,625
2,002
1,943
1,812
1,112
890
1,105
838
1,096
716
797
20
783
72
742
74
5,715
1,210
25
5,773
1,212
3
5,247
1,196
6s
95
911
83
910
124
946
88
66
139
832
750
1,804
3,386
806
710
1,909
3,425
1,030
1,750
2,331
5,111
2,9^3
443
2,991
433
4,551
560
CHICAGO
Loans and i n v e s t m e n t s - t o t a l
2,035
2,032
2,081
Loans - t o t a l
1,633
1,638
1,633
954
679
9^9
639
88 7
746
402
394
44s
164
238
158
236
193
256
179
19
178
17
138
22
1,25s
625
9
'1,26s
627
2
1,258
690
8
139
313
127
297
157
332
24
19
75
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 w i t h F. R. Bank
Cash i n v a u l t
Hot 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
CFRASER
Digitized for
( S t . 6427a)
For immediate r e l e a s e
S t . 642Jb
PRINCIPAL EESOJECES A1TD LIABILITIES OF WEEKLY REPORTING- MEMBER BAtTKS IH EACH FEDERAL RESERVE DISTRICT Oil DECEMBER I S , 1929
( I n m i l l i o n s of d o l l a r s )
Total
Federal
CleveBoston jllew York P h i l a delphia
land
Reserve
Richmond
| St.
A t l a n t a Chicago
{Louis
Loans and i n v e s t m e n t s - t o t a l
22,933
1,500
9,190
1,232
2,178
666
633
3.302
687
Loans - t o t a l
17,347
1,188
6,887
947
1,567
508
509
2,650
539
7,896
9,451
507
682
3,479
3,408
502
445
74l
826
188
320
152
356
1,283
1,367
5,587
311
2,302
285
610
158
124
2,743
2,844
159
152
1,210
1,093
81
204
292
318
72
86
1,774
296
100
20
8b 2
97
79
19
128
37
13,676
6,702
113
927
468
4
6,299
1,761
27
717
263
10
1,166
2,822
71
-129
134
967
46s
11
125
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 w i t h F. R. Bank
Cash i n v a u l t
STet 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 F. R. Bank
C
District
Minn- Kansas
e a p o l i s City
Dallas
I San
jFrancisco
684
4qi
1•*» > 978
j 4 Q
271
46q
381
1,430
254
235
85
186
130
339
652
l4s
121
58
66
289
363
38
110
4i
l4
4o
9
256
43
1,009
929
12
350
233
5
324
228
9
62
172
92
183
50
101
27
64
24
*i
457
973
216
110
54s
66
55
95
121
67
42
315
233
44
7
27
6
56
12
34
8
106
22
1,854
1,206
12
392
220
1
235
129
492
176
1
302
138
12
775
947
20
81
111
202
425
62
127
132
216
64
103
163
202
26
70
16
25
9
58
M
13
x
@FedFRASER