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STATEMENT FOE THE PRESS
For immediate r e l e a s e

B-SOU
F e d e r a l Reserve Board
Feb r u a r y 11, 19 35 •

CONDITION OF %^EELY REPORTING tmiBFR BABES 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 F e b r u a r y 6 shows d e c r e a s e s f o r t h e week of
$3^,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 $ 2 0 , 0 0 0 , 0 0 0 i n n e t demand d e p o s i t s ,
and i n c r e a s e s of $ 1 2 , 0 0 0 , 0 0 0 i n time d e p o s i t s and $ 5 ^ , 0 0 0 , 0 0 0 i n r e s e r v e b a l a n c e s
with 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 to b r o k e r s and d e a l e r s i n New York C i t y d e c l i n e d
$ 2 1 , 0 0 0 , 0 0 0 a t r e p o r t i n g member banks i n t h e New York d i s t r i c t and $23>000,000 a t
a l l r e p o r t i n g member b a n k s ; 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 d e a l e r s o u t s i d e Hew
York C i t y d e c l i n e d $ 3 , 0 0 0 , 0 0 0 ; and l o a n s on s e c u r i t i e s to o t h e r s d e c l i n e d
$ 6 , 0 0 0 , 0 0 0 . H o l d i n g s of a c c e p t a n c e s and commercial p a p e r d e c l i n e d $ 9 , 0 0 0 , 0 0 0 i n
the New York d i s t r i c t and $ 1 0 , 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 ; 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 the week; and o t h e r l o a n s i n c r e a s e d $ 1 2 , 0 0 0 , 0 0 0 i n
the Boston 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 e
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 d e c l i n e d $ 1 7 , 0 0 0 , 0 0 0
i n the New York d i s t r i c t , $ 5 , 0 0 0 , 0 0 0 i n t h e Boston d i s t r i c t and $ 1 0 f 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 , and i n c r e a s e d $ 1 3 , 0 0 0 , 0 0 0 i n t h e Chicago d i s t r i c t and
$ 4 , 0 0 0 , 0 0 0 i n the Kansas C i t y d i s t r i c t ; 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 the U n i t e d S t a t e s Government i n c r e a s e d $ 1 2 , 0 0 0 , 0 0 0 i n t h e 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 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 d e c l i n e d
$ 8 , 0 0 0 , 0 0 0 i n the 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 .
L i c e n s e d member banks f o r m e r l y i n c l u d e d i n t h e c o n d i t i o n s t a t e m e n t , o f member
banks 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 , 2 2 5 , 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 3 6 , 0 0 0 , 0 0 0 , compared w i t h $ 1 , 2 1 7 , 0 0 0 , 0 0 0 and $ 1 , 3 9 2 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , on J a n u a r y 3 0 .
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 c l u d 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 t h e y e a r ended F e b r u a r y 6, 1935> 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 )
F e b . 6 . 1915

I n c r e a s e or decrease since
J a n . 30>1935 F e b . 7 , 19 3^

18,208

z]6

+1,126

Loans on s e c u r i t i e s - t o t a l
To b r o k e r s and d e a l e r s :
I n Hew York
O u t s i d e New York
To o t h e r s

2,992

=22

-595

679
163
2,150

-23
-3
-6

-124
+16
-487

A c c e p t a n c e s and commercial p a p e r b o u g h t
Loans on r e a l e s t a t e
Other l o a n s

429
969
3,136

-10)
-2)
+9)

-179

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

7,227
6l6
2,839

-10
+15)
-6)

+1,380

Reserve w i t h F . R. b a n k s
Cash i n v a u l t

3,493
275

+54
-3

+1,588
+48

-20*
+12
-3

+2,873
+74
+236

Loans and i n v e s t m e n t s - t o t a l

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
Dae from banks
Due to banks

13.99s
4,446
1,224
1,801
4,363

+16
+118

+520

+448
+1,235
- 12

Borrowings f r o m F . R. banks



* J a n u a r y 30 f i g u r e s r e v i s e d .
( S t . Louis d i s t r i c t )

F e d e r a l R e s e r v e Board
F e b r u a r y 7-« 1935

F o r immediate r e l e a s e

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES
( I n m i l l i o n s of d o l l a r s )
Feb. 6
1935

J a n . 30
1935.

Feb. 7
1934

Loans and i n v e s t m e n t s - t o t a l

7,363

7,422

6,964

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
O u t s i d e New York:
To o t h e r s

1,413

NEW YORK

»

536
57
820

1,721
559
55
823

696
45

988

A c c e p t a n c e s and c o m m e r c i a l p a p e r b o u g h t
Leans on r e a l e s t a t e
0 ther loans

224
131
1,172

232)
131)
1,180)

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

3,129
283
1,011

3,150
272)
1,020)

Reserve w i t h F . R. b a n k
Cash i n v a u l t

i,so4

1,720
49

748
38

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

6,851
619
680

6,842

5,331
710

680

501

Due from b a n k s
Due to b a n k s

72
1,903

73
1,868

1,312

Loans and i n v e s t m e n t s - t o t a l

1,651

1,617

1,328

Leans on s e c u r i t i e s - t o t a l
To b r o k e r s and d e a l e r s :
I n New York
O u t s i d e New York
To c j t h e r s

.,,233-

235

... 2 7 1

26
27
180

31

50

616

1,691
2,485

1,059

75

Borrowings from F . R. b a n k
CHICAGO

A c c e p t a n c e s and commercial .paper b o u g h t
Loans on r e a l e s t a t e
Other loans

52
19

26
17s

55)
19)

16
34

227
300

213

217)

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

233
81
215

795
81)
215)

471

Reserve w i t h F . R. b a n k
Cash i n v a u l t

4o4
36

428
36

346
4i

1,514
386
44

1,499
384
44

1,131
328

179
486

187
467

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 b a n k s

280

65
186

313

Borrowings f r o m F . R. b a n k




(B-804a)

For immediate r e l e a s e
1935

PRINCIPAL ASSETS AND LIABILITIES OP WEEKLY REPORTING MEMBER BANKS IN LEADING- CIiL&S, BY DISxaICT^, ON j-jiBRUARY

B-804b

( I n m i l l i o n s of d o l l a r s )

Total

Loans and i n v e s t m e n t s - t o t a l

18,20S

Loans on s e c u r i t i e s - t o t a l
To b r o k e r s and d e a l e r s :
I n New York
O u t s i d e Few York
To o t h e r s

,2,992

A c c e p t a n c e s and commercial p a p e r b o u g h t
Loans on r e a l e s t a t e
Other loans
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.Govt,
Other s e c u r i t i e s
R e s e r v e w i t h 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 f r o m b a n k s
Due to b a n k s
Borrowings f r o m F . R. banks




Federal
Cleve
P h i la—
Boston
l.lUl

1.079

Rich

2,005

570

423

1,935

34

52

49

205
20

44

4
l
44

17!

12
17
79

2
12
123

63
33
289

9
37
108

6
6
100

18
14
111

3
23
n4

20
342
313

102
11
49

194

89
259

95

155
5
55

242

n

1,222

134
12
60

1,000

51
269

600
22
188

116

175
is
41

674
46
335

251
69

1.375
65

l4g
13

151
19

55
II

28

6

474
45

54
s

63
4

105
11

79
9

170
15

933
317
83

7,303
1,032
713

728
69

699
447
48

246
137
9

190
129
33

1,761
524
63

384
165
24

256
128
6

469
l64
23

306
124
58

723
962
95

115
215

158

167
252

124
194

33
104

78
83

276
596

111

95
118

227
287

159
150

208
208

I
50

46
91
278

226
249
1,317

22
71
172

2
74
132

3,305
309

291

1 S
2,839

355
10
150

3,^93
275

1,224
4,363

361

536

6
2
44

6

6

1,801

City

1
1
32

2

166

7

Francisco

Louis e a p o l i s

4
4

22
15

166

429
969
3,136

San
Dallas

28
30
218

16

566
CQ
938

679
• 163
2,150

A t l a n t a Chicago

1,192

District
Minn- Kansas

St.

mond

delphia
8,24l

iteslerve

&

1,970

3

26

186