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STATEMEFT FOR THE PRESS B-6l6 F e d e r a l Heserve Board December 28, 1931• For immediate r e l e a s e COFDITIOr OF WEEKLY REPORTIFG MEMBER 3A"ICS IF LEADIFG CITIES The Federal Reserve Board'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 23 shows d e c r e a s e s f o r the week of $229,000,000 i n l o a n s and i n v e s t m e n t s , $ l 4 l , 0 0 0 , 0 0 0 i n r e s e r v e s w i t h Federal r e serve banks, $ 3 9 7 , 0 0 0 , 0 0 0 i n n e t demand d e p o s i t s , $ 5 7 , 0 0 0 , 0 0 0 i n time d e p o s i t s and $ 2 0 3 , 0 0 0 , 0 0 0 i n Government d e p o s i t s , and an i n c r e a s e of $ 1 7 5 , 0 0 0 , 0 0 0 i n borrowings from Federal r e s e r v e banks. . . tiie Loans on s e c u r i t i e s decreased $ 2 4 , 0 0 0 , 0 0 0 a t r e p o r t i n g banks in/Chicago d i s t r i c t , and i n c r e a s e d $ 2 0 , 3 0 0 , 0 0 0 i n the Few York d i s t r i c t and * 1 5 , 0 0 0 , 0 0 0 i n the Boston d i s t r i c t , a l l r e p o r t i n g banks showing a net decrease of $ 8 , 0 0 0 , 0 0 0 . "All other" loans d e c l i n e d 6 5 6 , 0 0 0 , 0 0 0 i n the Few York d i s t r i c t , $ 2 0 , 0 0 0 , 0 0 0 i n the Boston d i s t r i c t and *>85.000,000 at a l l r e p o r t i n g banks. Holdings of U. S. Government s e c u r i t i e s d e c l i n e d * 6 1 , 0 0 0 , 0 0 0 i n the Few York d i s t r i c t , $ l 4 , 0 0 0 , 0 0 0 i n the P h i l a d e l p h i a d i s t r i c t , $ 1 3 , 0 0 0 , 0 0 0 i n the San Franc i s c o d i s t r i c t , $ 1 2 , 0 0 0 , 0 0 0 i n the Cleveland d i s t r i c t , ^ 1 1 , 0 0 0 , 0 0 0 each i n the A t l a n t a and D a l l a s d i s t r i c t s and c 1 2 8 , 0 0 0 , 0 0 0 at 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 d e c l i n e d $ 1 0 , 0 0 0 , 0 0 0 i n the Boston d i s t r i c t and $ 8 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member banks. Borrowings of weekly r e p o r t i n g member banks from Federal r e s e r v e banks aggr egated $567,000,000 on December 23, the p r i n c i p a l changes f o r the week b e i n g i n c r e a s e s of * 1 0 2 , 0 0 0 , 0 0 0 a t the Federal Reserve Bank of Few Y o r k , $ l 6 , 0 0 0 , 0 0 0 each at Cleveland and Chicago, * 1 5 , 0 0 0 , 0 0 0 at Boston, * 1 4 , 0 3 0 , 0 0 0 a t P h i l a d e l p h i a , a n d $ 1 0 , 0 0 0 , 0 0 0 at Richmond. 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 endir?g December 23, 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. 23,1931 Increase or decrease s i n c e Dec. 1 6 . 1 9 3 1 Dec. 24.1930 Loans and investments - t o t a l 20,734 - 229 Loans - t o t a l 13,119 - 93 5,733 7.336 - - 85 7.615 - 136 + 830 4,208 3,407 - 128 g + - 1,052 222 1,526 292 + l4l 33 - 246 26 11.771 5.947 345 - 397 57 203* 939 2,385 - 73 155 567 + 175 On s e c u r i t i e s A l l 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. Banks Cash in v a u l t F 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. Basks • - 2,251 - 3,081 2,046 1,035 s - — - + 1,832 1.179 143 468 818 317 •December l 6 f i g u r e s r e v i s e d (Chicago d i s t r i c t ) mtmrrw F e d e r a l Reserve Board December 24, 1931. For immediate r e l e a s e CONDITION OF TEEKLY REPORTING MEMBER BANKS IF CENTRAL RESERVE CITIES ( i n m i l l i o n s of d o l l a r s ) Dec. 23 1931 Dec. l 6 1931 Dec. 24 J J L . Loans and i n v e s t m e n t s - t o t a l 7,175 7,258 8,045 Loans - t o t a l 4,420 4,451 5,7^9 2,231 2.189 2,208 2,243 3,366 2,383 2.755 2,807 2,295 1,778 977 1,836 971 1,234 l,06l 705 68 798 52 782 104 5,162 789 166 5,376 810 264 5,832 1,209 35 57 864 71 923 94 1,090 NEW YORK On s e c u r i t i e s A l l other Divestments - 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 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 98 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 o u t - o f - t o w n banks For account of o t h e r s Total 70 - 553 51 7 611 555 98 9 662 1,262 294 363 1,920 451 160 500 162 1,408 512 Loans and i n v e s t m e n t s - t o t a l 1,597 1,625 1,999 Loans - t o t a l 1,0S4 1,112 1,43s 637 447 66} 451 835 603 513 513 561 301 212 300 213 258 304 146 21 17s 21 186 17 1,019 420 16 1,084 427 26 1,275 601 25 13° 24s 125 283 150 354 21 S On demand On time CHICAGO On s e c u r i t i e s A l l 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 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 - (B-6l6a) For immediate r e l e a s e ® 6l6b FBIFCIPAL RESOURCES AMD LIABILITIES OF WEEKLY REPORTIFG .Ifit-QER BAMKS" IF EACH FEDERAL RESERVE DISTRICT OH DECEMBER 23, 193 1 ( I n m i l l i o n s of d o l l a r s ) Total Boston Few York Philadelphia Reserve Federal Cleveland Richmond 1 St. A t l a n t a Chicagoj Louis District Kansas MinnDallas e a p o l i s City San Francisco Loans and i n v e s t m e n t s - t o t a l 20.734 1,337 8,305 1,220 2,046 623 548 2,813 607 360 591 430 1,854 Loans - t o t a l 13.119 894 5,144 726 1,295 378 365 1,984 388 228 326 280 1,111 On s e c u r i t i e s . A l l other 5,733 7,386 353 541 2,554 2,590 371 355 578 717 144 234 n4 251 951 1,033 147 241 60 168 90 236 81 199 290 821 Investments - t o t a l 7.615 443 3,161 494 751 245 183 829 219 132 265 150 743 4,208 3,^07 210 233 1,932 . 1,229 205 289 4o6 345 120 125 93 90 471 358 92 127 54 78 135 130 89 6l 4oi 342 1,526 292 84 . 26 755 85 72 17 112 37 31 9 212 45 43 8 22 6 44 14 29 8 87 21 11,771 5,9^7 345 749 447 6 5,650 1,260 176 654 274 25 879 877 24 297 229 15 250 206 11 1,502 1,040 25 335 • 208 5 190 156 1 382 186 3 248 134 19 635 930 35 939 2.385 58 105 92 921 62 138 66 178 48 76 51 75 201 354 42 81 S 97 147 7* 113 170 567 30 149 79 102 27 25 64 13 - 16 6 56 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 F 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 %
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