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STATEMENT FOR THE PRESS For immediate r e l e a s e B-804 Federal Reserve Board February 18, 1935* CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING- CITIES The Federal Reserve Board's condition statement of weekly reporting member banks in 91 leading c i t i e s on February 13 shows increases f o r the week of $102,000,000 in net demand d e p o s i t s and $37,000,000 in t o t a l loans and investments, and decreases of $43,000,000 i n reserve balances with Federal Reserve banks and $88,000,000 in Government d e p o s i t s . Loans on s e c u r i t i e s to brokers and dealers in New York City increased $30,000,000 a t reporting member banks in the New York d i s t r i c t and $28,000,000 at a l l reporting member banks; loans on s e c u r i t i e s to brokers and dealers outside New York City increased $2,000,000; and loans on s e c u r i t i e s to others declined $7,000,000 in the New York d i s t r i c t and $6,000,000 at a l l reporting banks. Holdings of acceptances and commercial paper bought and of real e s t a t e loans showed l i t t l e change for the week, while "Other loans" increased $27,000,000 at reporting member banks i n the New York d i s t r i c t , $5,000,000 in the Boston d i s t r i c t and $18,000,000 a t a l l reporting member banks, and declined $5,000,000 in the San Francisco d i s t r i c t . Holdings of United S t a t e s Government d i r e c t o b l i g a t i o n s declined $13,000,000 at reporting member banks in the New York d i s t r i c t , $9,000,000 i n the Boston d i s t r i c t , $8,000,000 in the Dallas d i s t r i c t and $29,000,000 at a l l reporting member banks, and increased $9,000,000 i n the San Francisco d i s t r i c t ; holdings of o b l i gations f u l l y guaranteed by the United S t a t e s Government increased $7,000,000 in the Dallas d i s t r i c t , $4,0 .0,000 each in the Philadelphia and San Francisco d i s t r i c t s and $17,000,000 at a l l reporting member banks; and holdings of other s e c u r i t i e s increased $7,000,000 in the Chicago d i s t r i c t , 85,000,000 in the Cleveland d i s t r i c t and $8,000,000 at a l l reporting banks. Licensed member banks formerly included in the condition statement of member banks in 101 leading c i t i e s , but not now included i n the weekly statement, had total loans and investments of $1 1 235*000*000 and net demand, time and Government deposits of $1,418,000,'000 on February 13, compared with $1,225,000,000 and $1,386,000,000, r e s p e c t i v e l y , on February 6. 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 the reporting member banks, in 91 leading c i t i e s , that are now included in the statement, together with changes for the week and the year ended February 13, 1935» f o l l o w s : (In m i l l i o n s of d o l l a r s ) Feb. 11. 1915 Increase or decrease since Feb. 6.1915 Feb. 14.1934 18.245 _±2I +1.153 Loans on s e c u r i t i e s - t o t a l To brokers and dealers: In New York Outside New York To others 3.016 +24 -515 707 165 2,144 +28 +2 -6 -53 +20 -482 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans 428 9&9 3,15^" -1) --) -204 U. S. Government d i r e c t o b l i g a t i o n s Obligations f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 7,198 633 2,847 -29 Reserve with F.R. banks Cash in vault 3,4^0 292 J 43 +17 +1,440 +57 l4,100 4,448 1,13b +102 +2,768 +io4 +145 1,S60 4,422 1 +59 +59 +1 Loans and investments - t o t a l Net demand d e p o s i t s Time deposits Government d e p o s i t s Due from banks Due to banks http://fraser.stlouisfed.org/ Borrowings from F . R . banks Federal Reserve Bank of St. Louis +Y6) +1,331 +541 +2 -88 +447 +1,218 -9 Federal Reserve B o a r d February l4, 1935 F o r immediate r e l e a s e CONDITION OF WEEKLY IMPORTING MEMBER BANKS III CENTRAL RESERVE CITIES (In m i l l i o n s of d o l l a r s ) Feb. 13 1935 Feb. 6 1935,,, Feb. 14 1934 ' NEW YORK Loans and investments - t o t a l 7,392 7,76} 6,222 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 others i» ^ 7 1,413 .1,677 564 59 814 536 57 820 651 45 981 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans 222 131 1,19S 224) 131) 1,172) 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 3,H7 277 1,010 3,129 283) 1,011) Reserve with F . R. bank Cash in v a u l t 1,765 57 i,so4 50 810 4i 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, sS4 618 623 6,251 619 6S 0 5,361 704 501 77 1,94s 72 1,903 75 1,322 i Due from banks Due to banks Borrowings from F . R. bank — 1,734 2,44s 1,063 —— CHICAGO Loans and investments - t o t a l 1,655 1,651 -1*351 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 others 231 233 276 26 24 181 26 27 ISO 16 32 228 Acceptances and commercial paper bought Loans on r e a l e s t a t e .Other loans 49 18 214 218) U. S. Government d i r e c t o b l i g a t i o n s Obligations f\VJly guaranteed by U.S.Govt. Other s e c u r i t i e s 841 81 221 £33 81) 215) Reserve with F . R, bank Cash in v a u l t 3CS 38 4o4 36 1,505 386 43 1,5-14 7 .8b "44 1,170 Due from banks Due to bunks 198 4gi 170 48b 175 327 Borrowings from F. R. bank — 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 n) 296 500 279 '" • (3~804a) For immediate r e l e a s e PRINCIPAL ASSETS AHD LIABILITIES OF WEEKLY REPORTING- MEMBER BAMS IK LEADI1TG- CITIES, BY DISTRICTS, Oil FEBRUARY 13, 1935 ( i n m i l l i o n s of d o l l a r s ) To t a l 3os ton Hew Phila- York delphia B-804b Federal RichCleveland mond Reserve Atlanta Chicago St. Louis eapolis 1S.24R 1.141 8.270 1.085 1.194 168 ^2 2,007 535 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 Mew York To others 3,016 213 1,638 202 175 57 51 272 66 707 165 2,144 16 33 164 596 61 981 21 15 166 2 6 167 6 1 50 4 3 44 28 26 218 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans 428 969 3,154 46 91 283 224 249 1,344 22 71 172 2 74 129 12 17 79 2 12 123 U. S . Government d i r e c t o b l i g a t i o n s Obligations f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 7,198 633 2,847 346 11 151 3,292 305 1,218 293 55 270 599 22 193 129 l4 60 Reserve with F. R. banks Cash i n v a u l t 3,450 292 254 70 1,823 70 139 15 150 21 14,100 4,44s 1,136 948 317 75 7,313 1,032 654 730 315 65 1,860 4,422 120 215 172 2,015 164 251 Loans and investments - t o t a l Met 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 Borrowings from F. R. banks 1 —— ' 111 — — District Minn- Kansas 36l City 5o9 San Dallas Francisco 420 1,943 14 . 51_ 49 206 4 4 58 2 32 6 3 44 4 1 44 20 10 176 61 33 287 10 37 109 6 6 100 1? l4 108 3 23 112 21 342 308 102 12 50 999 89 266 193 26 94 154 6 55 241 18 116 167 25 4i 683 50 333 57 12 28 6 473 48 100 8 64 5 106 11 85 9 171 17 698 448 46 246 137 8 198 130 31 1,760 525 6l 392 165 22 261 127 5 487 165 22 316 125 56 746 962 91 131 194 87 106 83 86 300 6o4 112 186 97 120 242 290 159 148 193 207 — — —— —— — l —— —— —— —
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