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STATEMENT FOR THE PRESS St. 64y8 Federal Reserve Board, February 10, 1930 For immediate r e l e a s e CONDITION OF WEEKLY REPORTING 14EM3ER BANKS IN IEADING CITIES The Federal Reserve Board's c o ndition statement of weekly r e p o r t i n g member banks in leading c i t i e s on February 5 shows decreases f o r the week of $78,000,000 in loans and investments, $53,000,000 in time d e p o s i t s , $18,000,000 in Government d e p o s i t s and $20,000,000 i n borrowings from Federal reserve banks, and an i n c r e a s e of $58,000,000 i n net demand d e p o s i t s . Loans on s e c u r i t i e s i n c r e a s e d $10,000,000 a t $56,000,000 in the New York d i s t r i c t . , and declined d i s t r i c t and $6,000,000 in the Cleveland d i s t r i c t . $61,000,000 a t a l l r e p o r t i n g banks, $4-1,000,000 in $10,000,000 in the .Chicago d i s t r i c t and $6,000,000 increased $7,000,000 in the P h i l a d e l p h i a d i s t r i c t . a l l r e p o r t i n g banks and $27,000,000 in the Boston "All other" loans declined the New York d i s t r i c t , in the Boston d i s t r i c t , and Holdings of U. S. Government s e c u r i t i e s show l i t t l e change f o r the weelc, while holdings of other s e c u r i t i e s declined $22,000,000 i n the New York d i s t r i c t , $10,000,000 in the Chicago d i s t r i c t and $30,000,000 a t a l l r e p o r t i n g banks. The p r i n c i p a l change in borrowings from Federal r e s e r v e banks f o r the week was a decline of $15,000,000 a t the Federal Reserve Bank of New York. A summary of the p r i n c i p a l a s s e t s and l i a b i l i t i e s of weekly r e p o r t i n g member banks, together with changes during the week and the year ending February 5, 1930, f o l l o w s ; (In m i l l i o n s of d o l l a r s ) Fob. 5,1930 Increase or decrease since J a n . 29,1930 Feb. 6,1929 Loans and investments - t o t a l 22.127 - 78* - 168 Loans - t o t a l 16,625 - 51* + 371 7,691 8,934 + 10* - 6l + 133 + 238 5, 502 - 27 - 539 2,724 2,777 + 2 - 30 - 379 - 161 1,701 222 + 10 — 10 - 50 — 15 13,007 6,860 18 + 58 - 53 — 18 - 408 - 31 - 32 1,109 2,898 + 81 +169 - 45 - 108 173 - 20 - 446 On s e c u r i t i e s AH other Investments - t o t a l II. S. Government s e c u r i t i e s Other s e c u r i t i e s Reserve with F. R. Banks Cash i n v a u l t Net demand d e p o s i t s Time d e p o s i t s Government d e p o s i t s Due from banks Due to banks Borrowings from F. R. banks W. *Jan. 29 f i g u r e s r e v i s e d . F e d e r a l Reserve Board February 6, 1930. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING ME?£3ER BAITKS IN CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) Feb. 5 1930 J a n . 2$ 1930 Feb. 6 1929 HEW YORK Loans and investments - t o t a l 7,551 7,567* 7,227 Loans - t o t a l 5,648 5,64i* 5,321 2,921 2,727 2,866* 2,775 2,857 2,464 1.903 1,927 1,905 1,096 806 1,093 834 l,i4o 765 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 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 729 51 7 54 5,300 l,24l 4 5,225 1,275 7 5,357 1,201 14 77 950 75 885 102 970 11 20 li4 928 927 1,547 823 875 1,64s 1,116 1,931 2,621 3,402 3,029 373 3,345 2,910 435 5,669 5,081 588 Leans and i n v e s t m e n t s - t o t a l 1,926 1,949 2,066 Loans - t o t a l 1,532 1,544 1,613 9a 612 923 622 889 724 394 405 453 156 239 157 24s 199 254 170 17 176 IS 182 16 1,208 601 2 1,225 605 3 1,243 675 1 143 303 119 299 150 328 3 2 77 Due from "banks Due t o "banks Borrowings from F. R. Bank l o a n s 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 On demand On time 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 w i t h F. R. Bank Cash in 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 •Revised. C. (St. 64yga) For immediate r e l e a s e S t . 64ygt) PRINCIPAL RESOURCES MD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS III EACH FEDERAL RESERVE DISTRICT Oil FEBRUARY 5, 1930 ( i n m i l l i o n s of d o l l a r s ) Total Boston Hew York P h i l a delphia Federal Cleve- {Richmond land Reserve A t l a n t a Chicago St. Louis District Minn- |Kansas [Dallas e a p o l i s 1 City | San Francisco Loans and i n v e s t m e n t s - t o t a l 22,127 1,495 8,790 1,207 2,130 650 621 3,151 666 362 655 460 1,939 Loans - t o t a l 16,625 1,168 6,586 924 1,523 495 497 2,502 516 248 441 357 1,368 7,691 8,934 503 666 3,378 3,207 492 432 728 795 192 303 I58 339 1,237 1,265 230 285 8b 162 133 308 107 250 446 922 5.502 327 2.204 284 607 154 125 64q 150 ll4 214 103 571 2,724 2,777 164 163 1,192 1,013 81 203 289 318 70 85 61 64 287 361 37 113 64 50 94 121 8 323 248 1,701 222 99 15 809 61 78 13 129 26 42 11 4o 9 245 37 44 6 23 5 52 10 32 9 108 19 13,007 6,860 18 901 47s 1 5,871 1,799 4 704 295 1 1,002 942 2 351 239 1 332 242 2 1,775 1,177 2 370 229 208 133 U71 174 284 142 2 739 1,010 4 1,109 2,898 54 135 li4 1,013 5s 172 90 209 51 102 73 119 210 423 59 137 51 77 116 205 61 100 171 206 173 5 17 11 33 9 15 45 4 14 7 11 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 with F. R. Bank Cash i n v a u l t ITet 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 -