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STATEMEUT FOR THE PRESS j o r immediate r e l e a s e Board of Governors of t h e F e d e r a l P.e s e r v e System February 23, 1937. C o n d i t i o n of Weekly R e p o r t i n g Member Banks i n 101 L e a d i n g C i t i e s The 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 b a n k s i n 101 l e a d i n g c i t i e s on F e b r u a r y 1J shows i n c r e a s e s f o r t h e week of $ 3 4 , 0 0 0 , 0 0 0 i n t o t a l l o a n s and i n v e s t m e n t s , $ 5 2 , 0 0 0 , 0 0 0 i n demand d e p o s i t s - a d j u s t e d , $ 3 5 , 0 0 0 , 0 0 0 i n d e p o s i t s c r e d i t e d t o d o m e s t i c b a n k s a n d $ $ 0 , 0 0 0 , 0 0 0 i n b a l a n c e s w i t h d o m e s t i c b a n k s , and a d e c r e a s e of $ 5 1 , 0 0 0 , 0 0 0 i n U n i t e d S t a t e s Government d e p o s i t s . Loans to b r o k e r s and d e a l e r s i n Hew York C i t y showed no change f o r t h e week, l o a n s t o b r o k e r s and d e a l e r s o u t s i d e Hew York d e c r e a s e d $ 4 , 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 ( e x c e p t b a n k s ) d e c l i n e d $ 7 , 0 0 0 , 0 0 0 i n t h e Hew 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 . 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 b o u g h t i n c r e a s e d $ 1 , 0 0 0 , 0 0 0 , r e a l e s t a t e l o a n s showed no change, and l o a n s to b a n k s i n c r e a s e d $ 3 , 0 0 0 , 0 0 0 i n t h e Hew York d i s t r i c t . "Other l o a n s " i n c r e a s e d $ 6 , 0 0 0 , 0 0 0 i n the Chicago d i s t r i c t and $ 1 3 , 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 . H o l d i n g s of U n i t e d S t a t e s Government o b l i g a t i o n s d e c l i n e d $ 1 0 , 0 3 0 , 0 0 0 i n t h e C l e v e l a n d d i s t r i c t , $ £ , 0 0 0 , 0 0 0 i n t h e Chicago d i s t r i c t and $1.4,000,000 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 $ 7 , 0 0 0 , 0 0 0 i n t h e B o s t o n d i s t r i c t . Holdings 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 t h e U n i t e d S t a t e s Government d e c r e a s e d $ 6 , 0 0 0 , 0 0 0 . H o l d i n g s of "Other s e c u r i t i e s " i n c r e a s e d $ ^ 4 , 0 0 0 , 0 0 0 i n the Hew York d i s t r i c t and $ 5 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 . Demand d e p o s i t s — a d j u s t e d i n c r e a s e d $ 6 2 , 0 0 0 , 0 0 0 i n t h e Hew York d i s t r i c t and $ 5 2 , 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 d e c r e a s e d $ 3 3 , 0 0 0 , 0 0 0 i n the Chicago d i s t r i c t . Time d e p o s i t s d e c l i n e d $ 2 , 0 0 0 , 0 0 0 . Government d e p o s i t s d e c l i n e d i n n e a r l y a l l d i s t r i c t s , t h e t o t a l d e c l i n e b e i n g $ 5 1 , 0 0 0 , 0 0 0 . D e p o s i t s c r e d i t e d to d o m e s t i c banks i n c r e a s e d $ 2 7 , 0 0 0 , 0 0 0 i n t h e Hew York d i s t r i c t , $ 1 $ , 0 0 0 , 0 0 0 i n t h e Chicago d i s t r i c t , $ 1 5 , 0 0 0 , 0 0 0 i n t h e San F r a n c i s c o d i s t r i c t , $ 1 3 , 0 0 0 , 0 0 0 i n the C l e v e l a n d d i s t r i c t and $ 8 5 , 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 * 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 , t o g e t h e r w i t h changes f o r t h e week and the y e a r ended F e b r u a r y 17, 1937, follows: ( i n m i l l i o n s of d o l l a r s ) Increase or decrease since F e b . 17, Feb. 10, I F e b . 19, 1937 1937 1 1936 ASSETS Loans and i n v e s t m e n t s - t o t a l 22,539 +34 +l,4gg Loans to b r o k e r s and d e a l e r s : I n Hew York C i t y O u t s i d e Hew York C i t y Loans on s e c u r i t i e s t o o t h e r s (except banks) 97% 227 — -4 465 +49 A c c e p t a n c e s & commercial p a p e r b o u g h t Loans on r e a l e s t a t e Loans t o b a n k s Other l o a n s 2,012 400 1,149 76 4,130 -10 +1 — -+4 +13 -45 +49 +3 +7 +849 U. S . G o v ' t d i r e c t o b l i g a t i o n s Obligations f u l l y guaranteed bj•U.S.Gov't Other s e c u r i t i e s 9,107 1,210 3,304 ~l4 -6 +50 +381 +13 +118 He s e r v e w i t h F . B. b a n k s Cash i n v a u l t Balances with domestic banks 5,333 379 2,321 -IS -is 490 +561 +20 -13 15,6O4 5,093 383 452 -2 -51 +1,492 +204 ' Ti4l 6,03s 4i4 3 +85 +7 "+3 +379 +17 '.+1 LIABILITIES Demand depo s i t s - a d j u s t e d Time d e p o s i t s U. S , Government d e p o s i t s Inter-bank deposits: Domestic b a n k s Foreign banks Borrowings (B-S04) STATELEHT FOE THE PRESS Board of Governors of t h e F e d e r a l R e s e r v e System F e b r u a r y I S , 1937 For immediate r e l e a s e ASSETS AHD LIABILITIES OF WEEKLY REPORTING ME1SER 3AIKS HI CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) Chicago Hew York Oi-V 19 3b 19 3 7 1 9 3 ^ 1 9 3 7 F e b . 17 \ F e b . 10 F e b . 19 F e b , 17 Feb .10 (Feb. 19 ASSETS Loans and i n v e s t m e n t s - t o t a l Loans to b r o k e r s and d e a l e r s : I n Hew York C i t y O u t s i d e Hew York C i t y Loans on s e c u r i t i e s to o t h e r s (except banks) A c c e p t a n c e s & commercial p a p e r bought Loans on r e a l e s t a t e Loans to b a n k s Other l o a n s 8,538 S,4SS 936 73 8,094 2,102 882 62 l 725 732 738 13b 128 / 7 136 160 134 33 2,099 1 1,935 4o 4i 27 i4i 142 146 l4 5 375 l4 5 15 15 5 l,46l i,46i 1,095 U. S . G o v ' 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 3,447 3t444 3,43s 452 454 1,081 436 1,116 95 273 272 255 Reserve w i t h F . R. b a n k Cash i n v a u l t Balances with domestic banks Other a s s e t s ~ n e t 2,677 50 51 490 2,697 57 77 2,498 50 537 547 504 492 471 6,439 6,453 628 6,02s 537 137 454 2,3^5 367 617 5 5 315 26 231 25 231 1,133 so l,i4i 32 170 370 25s 1,1^2 1,175 95 S9 33 174 67 36 165 73 1,540 1,564 1,431 36 3b 82 605 579 LIABILITIES Demand d e p o s i t s - a d j u s t e d Time d e p o s i t s U. S . G o v ' t d e p o s i t s Inter-bank deposits: Domestic b a n k s Foreign banks Borrowings Other l i a b i l i t i e s Capital account 632 135 136 2,408 2,381 37b 371 1,475 1,^75 1,464 454 4l4 4 33 225 ASSETS AED LIABILITIES OFTOEELYREPtiRTIHG MEMBER BAHKS II? 101 LEADING CITIES 01T FEBRUARY 17, 1937 To ta'l All districts ASSETS Loans a n d i n v e s t m e n t s - t o t a l Loans t o "brokers and d e a l e r s : I n ITew York C i t y O u t s i d e ITew York C i t y Loans on s e c u r i t i e s to o t h e r s ( e x c e p t banks) A c c e p t a n c e s a n d commercial p a p e r b o u g h t Loans on r e a l e s t a t e Loans to b a n k s Other loans U. S . G o v ' 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.Gov' 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 Balances with domestic banks Other a s s e t s - net 3-804b ( i n m i l l i o n s of d o l l a r s ) District Reserve Federal San iMinne- Kansas St. frrow j P h i l a - Cleve- R i c h - A t l a n t a ; C h i c a g o D a l l a s 2as ton o r k Francisco City Louis japoliE i d e l p h i a l a n d mond 9,434 1,183 1,397 22,529 1,223 974 227 13 24 945 75 2,012 4oo 143 854 157 238 4s 1,149 76 4,130 9,107 1,210 67 85 4 316 401 3,304 21 I49 5,333 379 302 113 1,61s 3,676 497 659 581 3,129 693 4os 706 485 2,191 3 21 43 155 29 367 4 4o4 725 145 338 7 u 19 i4 4 9 47 5 2 4 137 32 2l4 9 179 3 234 91? 69 10 26 51 6 199 39 74 8 534 1,655 164 4o6 71 30 13 6 46 24 63 2 191 347 85 54 1,326 298 275 2,783 249 316 36 16 145 89 108 120 296 58 76 26 1 169 201 36 82 12 44 5 i44 240 59 113 132 17 13S 43 92 11 i4s 39 727 64 395 129 11 100 142 24 112 187 12 46 62 5 1^ 17 18 1 i4g 275 49 2 23 —— . 139 189 30 139 56 i4s 108 10 186 28 12 3 285 19 232 229 2,321 1,365 124 92 65 252 572 15,604 5,093 383 1,050 27s 7,07s 1,033 826 260 1,094 718 425 19 s i4 339 173 19 2,274 854 55 422 180 6 265 123 2 493 388 121 23 i,oo4 34 6,038 245 7 2,474 309 385 1 234 2U1 297 115 39s 200 1 294 i4 5 55 2 90 5 79 34I 325 231 254 24 LIABILITIES Demand d e p o s i t s - a d j u s t e d Time d e p o s i t s U. S . G o v ' t d e p o s i t s Inter-bank deposits: Domestic b a n k s F o r e i g n banJ.cs Borrowings Other l i a b i l i t i e s Capital account 4i4 3 884 3,568 6 33 235 i4s 35 378 4 1,609 21 227 3 333 32 3% 1 l 846 6 29 88 7 86 32 34s — 9 85 1 i46 9 944
@FedFRASER