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. STATEMEITT FOB THE PRESS B~SO4 For immediate r e l e a s e F e d e r a l Reserve Board February 19, 193^« COFDITIOF OF w m i , Y REFORT'IFG MEMBER EATTICS IF LEADING CITIES The F e d e r a l Reserve 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 9 ' l * l e a d i n g c i t i e s on February 14 shows i n c r e a s e s f o r t h e week of $207,000,000 i n n e t demand d e p o s i t s , $105,000,000 i n r e s e r v e b a l a n c e s w i t h Federal, Reserve banks and $10,000,000 i n l o a n s and i n v e s t m e n t s , and a d e c r e a s e of $28,000,000 i n time d e p o s i t s . Loans on s e c u r i t i e s d e c l i n e d $51,000,000 a t r e p o r t i n g member banks i n the Few York d i s t r i c t and $56,0JO,000 a t a l l r e p o r t i n g member b^nl::^ "All o t h e r l o a n s " i n c r e a s e d $44,000,000 i n the Few York d i s t r i c t , $7,000,000 in the Boston d i s t r i c t and $42,000,000 a t a l l r e p o r t i n g b a n k s . Holdings of U n i t e d S t a t e s Government s e c u r i t i e s i n c r e a s e d $34,000,000 i n t h e Chicago d i s t r i c t , $10,000,000 i n t h e San F r a n c i s c o d i s t r i c t , $6,000,000 in t h e Cleveland d i s t r i c t and $20,000,000 a t a l l r e p o r t i n g member banks, and d e c l i n e d $38,000,000 i n the Few York d i s t r i c t . Holdings 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 $4,000,000 a t a l l r e p o r t i n g b a n k s . Licensed member banks 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 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 $1,027,000,000 and n e t demand, tiire and Government d e p o s i t s of $ 1 , 0 5 2 , 0 0 0 , 0 0 0 on February l 4 , compared with $1,014,000,000 and $ 1 , 0 3 7 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , on February 7* 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 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 , 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 with changes f o r the week and the year ended February l 4 , 1934, 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 ) Feb. 14, 1934 Loans and i n v e s t m e n t s - t o t a l Loans - t o t a l On s e c u r i t i e s All other Investments - t o t a l TJ. 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 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 Dae to banks Borrowings from F . R. Banks I n c r e a s e or d e c r e a s e s i n c e Feb. 7.1934 Feb. 15.1933 17.092 + 10 + 8,286 - 14 - 3.531 4.755 - 56 + 42 8,806 + 24 5.867 2.939 + 20 + 4 + 933 43 2,010 235 +105 + 8 + + 326 15 11,332 4,344 991 +207 - 28 + 3 + + 419 238 824 1,413 3,204 + 60 + 76 + i g - - 10 2 - 415 163 252 89 0 • I n c r e a s e d from 90 to 91 on J a n u a r y 10 i n connection with t h e withdrawal a r e p o r t i n g member b a n k . 475 42 of Feel e r n l . B e s e r v e Board February 15, 1934 For immediate r e l e a s e COBDITIOK OF WZ7ZUJI R2PORTIHG MEMBER BA1HKS I:*! CENTRAL R3S3RV3 CITI:3S ( i n m i l l i o n s of d o l l a r s) Feb. 14 193% Feb . 7 1934 Feb. 15 .1933 Loans and i n v e s t m e n t s - t o t a l 6,922 6,964 7,078 Loans - t o t a l 3,411 3,420 3,472 1,577 1,73% 1,729 1,691 l,6l4 1,855 3,511 3,544 3,606 2,448 1,063 2,485 1,059 2,522 1,084 FEW Y02K On s e c u r i t i e s All o t h e r 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 w i t h F . R. Baric Cash i n v a u l t 810 4l 7 ll *748 • 38 Wet 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 5,3bl 704 501 5,331 710 501 5,545 847 71 Dae from banks Due to banks 75 1,322 75 1,312 . 73 1,418 Borrowings from F . R. Bank —— 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 : For own account For account of o u t - o f - t o w n banks For account o f o t h e r s Total On demand On time —— —— 853 741 146 5 896 410 10 7 427 ' 576 277 616 280 242 I85 696 149 8 c m C AGO Loans and i n v e s t m e n t s - t o t a l Loans - t o t a l On s e c u r i t i e s All o t h e r 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 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 •Revised. 1,351 1,328 . 572 577 638 276 296 277 300 343 295 779 751 4l4 500 279 471 280 215 199 353 %3 346 4i 289 32 1,170 327 62 1,131 328 •65 919 315 7 175 327 186 313 242 268 1,052 — (B.-804a) For immediate r e l e a s e B-804b PRINCIPAL ASSETS AH) LIABILITIES OF WEEKLY REPORTING MEMBER BATIKS IH LEADI1TG CITIES, BY DISTRICTS, OH FEBRUARY 14, 1934 ( i n m i l l i o n s of d o l l a r s ) ; Total Boston j Loans and i n v e s t m e n t s - t o t a l Loans - t o t a l On s e c u r i t i e s All other Investments - t o t a l TJw S. Govt, s e c u r i t i e s Other s e c u r i t i e s R e s e r v e s 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. banks 17,092 Few Phila- York delphia Fed- e r a ! Cleve- R i c h land mond Reserve \ ! | j A t l a n t a jChicago j Di s t r i c t S t . | Minn- iKansas ; j San ! | Dallas i Louis i e s p o i l s City j 1 Franciscc 1,194 7,844 1,031 1,126 349 343 1,686 504 325 540 420 1,730 8 , 2 8 6 665 3,930 505 432 i6q 186 738 225 166 199 193 878 3,531 4,755 251 4i4 l,gQ2 2,032 246 259 213 219 59 110 60 126 335 403 90 135 45 121 6l 138 58 135 215 6S3 8 , 8 0 S 529 3,914 526 694 180 157 94s 279 "•53 341 227 852 5,867 2,939 365 164 2,625 1,229 284 242 495 I99 131 49 112 45 624 324 ISO 99 103 56 232 109 176 51 540 312 2,010 235 128 35 857 52 91 12 123 17 34 11 27 6 391 53 72 8 31 5 75 12 68 9 113 15 11,332 4,344 991 783 337 84 5,781 1,102 534 635 301 4o 567 434 58 205 132 10 157 130 28 1,381 446 72 332 lol 26 128 3 4o4 163 21 287 % 612 879 75 113 16s 126 1,382 102 186 89 157 67 77 64 71 230 405 84 137 75 85 175 231 119 143 169 162 7 2 1 1,413 3,204 j 10 ! * — 1 8 8
@FedFRASER