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STATEMENT FOR THE PRESS B-231 Federal Reserve Board February 2, 1931. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BMKS IN LEADING CITIES The Federal Reserve Board's condition statement of weekly r e p o r t i n g member banks in l e a d i n g c i t i e s on January 28 shows r e l a t i v e l y l i t t l e change in aggregate loans and investments f o r the week, a decline of $86,000,000 in loans b e ing l a r g e l y o f f s e t by an increase of $79,000,000 in investments. Net demand deposits decreased $9,000,000 and Government deposits $8,000,000, while time deposits increased $9,000,000. Borrowings from Federal reserve banks declined $17,000,000. Loans on s e c u r i t i e s declined $35,000,000 a t r e p o r t i n g member banks in the New York d i s t r i c t and $46,000,000 a t a l l r e p o r t i n g banks. "All o t h e r " loans declined $14,000,000 in P h i l a d e l p h i a d i s t r i c t , $9,000,000 in the Cleveland d i s t r i c t , $6,000,000 i n the Chicago d i s t r i c t and $40,000,000 a t a l l r e p o r t i n g banks, and increased $7,000,000 in the New York d i s t r i c t . Holdings of U. S. Government s e c u r i t i e s increased $21,000,000 in the New York d i s t r i c t , $13,000,000 in the P h i l a d e l p h i a d i s t r i c t , $7,000,000 each in the Cleveland and Chicago d i s t r i c t s , and $46,000,000 a t a l l r e p o r t i n g banks. Holdings of other s e c u r i t i e s increased $l4,000,000 in the Nent York d i s t r i c t , $6,000,000 each in the Cleveland and San Francisco d i s t r i c t s and $33,000,000 at a l l r e p o r t i n g banks. Borrowings of weekly r e p o r t i n g banks from Federal reserve banks aggregated $53,000,000 on January 28, the p r i n c i p a l decreases f o r the week being $8,000,000 a t San Francisco and $6,000,000 a t Cleveland. 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 January 28, 1931, 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 ) Jan, 28.1931 Increase ot decrease since Jan. 21. 1931 Jan. 29.1930 Loans and investments - t o t a l 22.596 - 7 + 391 Loans - t o t a l 15,753 - 86 - 923 7,379 8,374 - 46 - k) - 6,843 + 79 +1,314 3,231 3,612 + 46 + 33 + + 1,842 228 - 4 2 + 151 13,680 7,099 93 + - 9 9 8 + + + 731 186 57 3,622 1,692 + 11 + 3 + + 664 893 53 - 17 - i4o 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. Banks Cash in v a u l t 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 Borrowings from F. R. Banks - 302 621 509 805 4 F e d e r a l Reserve Board J a n u a r y 29, 1931• For immediate r e l e a s e CONDITIO! OF WEEKLY REPORTING MEMBER BMKS IN CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) J a n . 23 1931 J a n . 21 1931 J a n . 29 1930 HEW YORK 7,880 7,567 5,534 5,563 5,641 3,024 3,061 2,502 2,866 2,775 2,317 1,927 1,284 1,06s 1,263 1,054 1,093 834 865 51 859 53 729 51 S 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 5.265 1,200 1,201 5,823 16 17 5,225 1,275 7 Dae from banks Dae t o "banks 103 1,254 82 1,271 885 J..S86 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 2,510 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 i n v a u l t 75 20 Borrowings f r o m F. R. Bank Loans on s e c u r i t i e s t o b r o k e r s and d e a l e r s : For own a c c o u n t For a c c o u n t of o u t - o f - t o w n "banks For a c c o u n t of o t h e r s 1,089 1,101 330 317 326 823 875 1,648 1,734 1,757 3,345 1,303 431 1,312 445 2,910 435 Loans and i n v e s t m e n t s - t o t a l 2,010 1,997 1,821 Loans - t o t a l 1,425 1,423 1,455 835 539 834 856 539 599 586 574 366 288 293 277 297 154 181 14 184 176 16 1,261 613 1,265 611 1,206 11 12 3 155 354 160 346 io4 299 Total On demand On time 328 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 R e s e r v e w i t h 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 Dae from "banks Dae t o "banks 13 212 510 Borrowings f r o m F. R. Bank (B-231a) B-23l"b For immediate r e l e a s e PRINCIPAL BBSOURCBS MD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT ON JANUARY 28, 1931 ( I n thousands of d o l l a r s ) Total Boston Federal ClevePhilaNew York land delphia Reserve Rich- A t l a n t a Chicago mond St. Louis District Kansas MinnCity eapolis Dallas San Francisco Loans a n d i n v e s t m e n t s - t o t a l 22.596 1.477 9.098 1.3o4 2.205 622 h6? 1.330 634 354. 64i 435 1.934 Loans - t o t a l 15,753 1.096 6.357 868 1.439 443 423 2.432 462 225 392 317 1.299 7,379 8,374 431 459 696 171 272 191 271 78 147 403 743 1.195 1.237 92 409 136 287 108 665 3.419 2,938 6.843 381 2.741 4^6 766 179 _133L 3.231 3,ol2 143 l,4io 150 286 367 399 72 107 60 925 85 l4 139 27 6,437 770 352 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 R e s e r v e w i t h 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 Du.e f r o m "banks Dae t o h a n k s B o r r o w i n g s f r o m F. R. Bank 1,842 228 238 $ 1,331 63 13 ,b80 7.099 93 875 523 9 1,748 19 1.692 3.622 110 182 126 142 1,333 253 53 284 225 896 24Q 118 _635_ 898 _1I2_ 39 133 64 65 106 79 436 462 143 67 51 317 318 37 14 37 10 259 34 43 7 26 54 13 34 7 107 20 1.096 988 331 243 300 236 149 458 193 1 274 150 5 730 l,0l4 6 220 9 359 10 1,848 1.283 15 176 101 84 101 127 214 80 159 210 106 98 257 504 11 7 368 lis .12- 5 202 76 113 11 276
@FedFRASER