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STATELHITT FOB. THE PRESS For immediate r e l e a s e B-S04 F e d e r a l Reserve Board December 3» 193^* COimiTIOF OF W332CLY REPORTING LISIGFR BANES IN LEADING CITIES The F e d e r a l R e s e r v e 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 i n 91 l e a d i n g c i t i e s on November 2.8 shows i n c r e a s e s f o r t h e week of $76,000,000 i n t o t a l l o a n s and i n v e s t m e n t s and 364,000,000 in n e t demand d e p o s i t s , and d e c r e a s e s of $30,000,000 i n time d e p o s i t s , $ 1 2 , 0 0 0 , 0 0 0 i n Government d e p o s i t s and $90,000,000 i n reserve b a l a n c e s w i t h F e d e r a l Reserve banks# Loans on s e c u r i t i e s to b r o k e r s and d e a l e r s i n Hew York i n c r e a s e d $ 6 , 0 0 0 , 0 0 0 ; l o a n s on s e c u r i t i e s to b r o k e r s and dealers o u t s i d e New York d i s t r i c t i n c r e a s e d $4,000,000; and l o a n s on s e c u r i t i e s to o t h e r s i n c r e a s e d $11,000,000 i n the New York d i s t r i c t and $ 9 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member b a n k s . H o l d i n g s of a c c e p t a n c e s ana commercial p a p e r d e c l i n e d $2,000,000 i n the New York d i s t r i c t and $ 1 4 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member banlcs; r e a l e s t a t e l o a n s showed l i t t l e change f o r t h e weei:; and " o t h e r loans 1 1 i n c r e a s e d $16,000,000 i n t h e C l e v e l a n d d i s t r i c t , $ 6 , 0 0 0 , 0 0 0 i n the New York d i s t r i c t and $ 1 1 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g b a n k s , and d e c l i n e d $ 7 , 0 0 0 , 0 0 0 each im t h e Boston and A t l a n t a d i s t r i c t s . Holdings of U n i t e d S t a t e s Government d i r e c t o b l i g a t i o n s i n c r e a s e d $ 2 9 , 0 0 0 , 0 0 0 i n the New York d i s t r i c t , $ 8 , 0 0 0 , 0 0 0 i n the San F r a n c i s c o d i s t r i c t , $ 5 , 0 0 0 , 0 0 0 i n t h e C l e v e l a n d d i s t r i c t and $ 4 1 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member b a n k s ; h o l d i n g s of o b l i g a t i o n s f u l l y g u a r a n t e e d by t h e U n i t e d S t a t e s Government i n c r e a s e d $ 7 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t and $ 6 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g b a n k s ; and h o l d i n g s 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 $ 2 3 , 0 0 0 , 0 0 0 i n the New York d i s t r i c t and $ 1 5 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g banks * L i c e n s e d member b a n k s f o r m e r l y i n c l u d e d i n the c o n d i t i o n s t a t e m e n t of member b a n k s i n 101 l e a d i n g c i t i e s , b u t n o t now i n c l u d e d i n the weekly s t a t e m e n t , had t o t a l l o a n s and i n v e s t m e n t s of $ 1 , 1 8 8 , 0 0 0 , 0 0 0 and n e t demand, time and Government d e p o s i t s of $ 1 , 3 1 4 , 0 0 0 , 0 0 0 on November 28, compared w i t h $ 1 , 1 9 0 , 0 0 0 , 0 0 0 and $ 1 , 2 8 2 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , on November 2 1 . A summary of t h e 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 t h e r e p o r t i n g member b a n k s , i n 91 l e a d i n g c i t i e s , t h a t a r e now i n d u e d i n the s t a t e m e n t , t o g e t h e r w i t h changes f o r t h e week and the y e a r ended November 28, 193^» 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 ) Nov. 28.1934 Loans and investments - t o t a l 17,764 - Increase or decrease since Nov. 2 1 . 1 9 3 4 Nov. 29, 1933 ±Z6 • +1,092 Loans on s e c u r i t i e s - t o t a l To brokers and d e a l e r s : In New York Outside Hew York To o t h e r s 3,017 m -552 660 155 2,202 + 6 + 4 + 9 +32 - g -576 Acceptances and commercial paper Loans on r e a l e s t a t e Other l o a n s U52 979 3,257 -14) - 2) +11) -311 U.S.Government d i r e c t o b l i g a t i o n s O b l i g a t i o n s f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 6,715 555 2,729 +4l + 6) +15) +1,601 Reserve w i t h F. R. banks Cash i n v a u l t 3,10s 281 -90 +10 +1,244 +50 -1-64^70 -32 +2,876 - IS - 68 -37 , -7&/ +450 +1,277 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 banlcs Due to banlcs Borrowings from F . R. banlcs 13,SET 4,39s 749 1,585 3,921' 3 + 1 +354 - 22 Federal Reserve Board November J>0, 19)4 For immediate r e l e a s e CONDITION OF WEEKLY HEPORU NG MEMBER BANKS IK CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) Nov. 28 193% Nov. 21 _l_23l_ Nov. 29 1933 Loans and investments - t o t a l 7,064 6.990 6,804 Loans on s e c u r i t i e s - t o t a l To brokers and d e a l e r s : In New York Outside New York To o thers 1,390 1.377 525 51 521 228 3.33 235) 133) 1,257) U. S. Government d i r e c t o b l i g a t i o n s O b l i g a t i o n s f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 2,841 272 2,813 264) 911) Reserve w i t h F. R, bank Cash i n v a u l t 1,463 52 1,529 768 45 49 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 6,497 6,471 5,274 437 364 Due from banks Due to banks 58 1,650 61 1,678 F 1,148 1.535 1.538 1.165 __2]0 233 334 26 21 26 22 16 46 272 NEW YORK Acceptances and commercial paper Loans on r e a l e s t a t e 0 ther l o a n s 814 1,263 937 625 420 51 805 629 565 43 1,043 1,790 2,225 1,13s 751 Borrowings from F. R. bank CHICAGO Loans and investments - t o t a l Loans on s e c u r i t i e s - t o t a l To brokers and d e a l e r s : In New York Outside New York To o t h e r s Acceptances and commercial paper Loans on r e a l e s t a t e Other l o a n s 183 66 185 67) 20 20) 224) 332 697 693 78) 288 219 U . S . Government d i r e c t o b l i g a t i o n s O b l i g a t i o n s f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 225 223) 211 Reserves w i t h F. R. bank Cash i n v a u l t 4s6 37 490 3S5 1,513 1,512 36s 28 i,o4o l6l I85 263 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 78 363 28 158 435 35 44l 4o 341 33 Borrowings from F. R. bank (B-804a) For immediate r e l e a s e BY DISTRICTS, OH NOVEMBER 2 8 , 193% PRINCIPAL ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BAEKS III LEADING CITIES, B-804b ( i n m i l l i o n s of d o l l a r s ) Boston Yon: Atlanta delnma land mono. ivansas Minn Rich- Phi l a - Total District Reserve Federal hicago I— -d" K\ 1,913 17,764 • 1,145 7,964 1,042 1,191 353 L o a n s on s e c u r i t i e s - t o t a l To " b r o k e r s a n d d e a l e r s : I n New Y o r k O u t s i d e Hew Y o r k To o t h e r s 3 ,10 1 7- 1 221 1,590 205 179 59 61 279 68 j i 660 155 2,202 20 547 2 2 171 5 3 53 i 167 54 989 6 1 52 29 34 19 16 170 A c c e p t a n c e s and commercial p a p e r L o a n s on r e a l e s t a t e 0 tiier l o a n s 452 979 3,257 47 93 259 20 2 72 175 76 3 11 142 10 16 82 U . S . Government d i r e c t o b l i g a t i o n s O b l i g a t i o n s f u l l y g u a r a n t e e d by U . S . G o v t . Other s e c u r i t i e s 6,715 555 2,789 360 58I 6 1,153 20 191 96 10 157 278 32 260 122 g 3,029 291 58 50 Reserve w i t h F . R. banks Cash i n v a u l t 3,108 281 210 126 15 166 20 52 12 1 i3,6e? 907 323 51 6,938 1,050 439 709 300 39 722 450 28 239 134 5 192 131 17 44 111 119 1,711 145 234 113 173 93 64 77 234 531 Loans and i n v e s t m e n t s - t o t a l N 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 f r o m b a n k s Due t o b a n k s B o r r o w i n g s f r o m F . R. b a n k s 4,39s. 749 1,585 3,92V 68 196 230 250 1,421 l , 5 S 6 106 116 Francisco Louis eaoolis 579 430 1,902 54 49 217 6 4 l 44 19 8 227 6l 33 3 45 77 35 293 11 6 22 23 868 M " 7 37 7 14 3 25 190 21 no 110 116 119 $ 190 21 1U8 243 i4 172 628 37 95 3 57 18 44 342 89 12 78 9 % 316 116 92 n is 265 12% 7 4 % 8? 13 42 46 163 93^ ill7 198 265 58 190 207 8 165 122 736 932
@FedFRASER