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STATEMENT FOB THE PRESS. St. 6495 Federal Reserve Board, February 24, 1930 For immediate r e l e a s e CONDITION OF WEEKLY REPORTING- MEiffiER SAMS IN LEADING- CITES The Federal Reserve Board's condition statement of weekly r e p o r t i n g member banks in leading c i t i e s on February 19 shows a decrease f o r the week of $ 74,000,000 in loans, an increase of $58,000,000 in investments, and decreases of $12,000,000 and $5,000,000, r e s p e c t i v e l y , in net demand and time deposits. Loans on s e c u r i t i e s declined $1],000,000 a t a l l r e p o r t i n g banks, $21,000,000 in the New York d i s t r i c t and $7,000,000 in the Richmond d i s t r i c t , and increased $27,000,000 in the Chicago d i s t r i c t . "All other" loans declined $42,000,000 in the Hew York d i s t r i c t , $11,000,000 in the Boston d i s t r i c t and $61,000,000 a t a l l r e p o r t i n g banks. Holdings of U. S. Government s e c u r i t i e s increased $52,000,000 in the New York d i s t r i c t , $9,000,000 i n the Chicago d i s t r i c t and $64,000,000 a t a l l r e p o r t i n g banks, while holdings of other s e c u r i t i e s declined $10,000,000 in the New York d i s t r i c t , $6,000,000 i n the Chicago d i s t r i c t and $6,000,000 a t a l l r e p o r t i n g banks. The p r i n c i p a l changes i n borrowings from Federal reserve banks f o r the week, which showed a net increase of $1,000,000 f o r a l l r e p o r t i n g banks, comprised an increase of $11,000,000 a t the Federal Reserve Bank of New York and decreases of $8,000,000 a t Chicago and $7,000,000 a t Kansas City. 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 memoer banks, together with changes during the week and the year ending February 19; I93O, f o l l o w s : (In m i l l i o n s of d o l l a r s ) Increase or decrease since Feb. 19, 1930*Feb.11-12.1930 Feb.20.1929 Loans and investments - t o t a l 22,090 - 16 - 90 Loans - t o t a l 16,519 ~ 7^ +330 On s e c u r i t i e s All other 7,669 8,850 :ll +225 +105 Investments - t o t a l 5,571 + 58 -420 2,808 + 64 - 6 -259 -162 1,695 232 + 7 + 7 - 21 12,966 - 12 -293 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 deposits Due from banks Due to banks Borrowings from F. R. banks W. 2,763 6,851 4 i,io4 2,73% 186 - 5 5 - 5 - 16 - 39 -ll4 - 27 - 4o -144 + -451 l *Feb. 11-12 f i g u r e s r e v i s e d . For immediate r e l e a s e „ . Federal Reserve Board February 20", 1930. CONDITIO! OF UBEKLY R3PCETETG 15M9ER BALTICS IH CUliRAL R:3SHRr~ err IES ( i n m i l l i o n s of d o l l a r s ) Feb. 19 1930 Feb. 11? 1930 Feb, 2< 1929 NEW YORK Loans and investments - t o t a l 7 >34 7,525 7,109 Loans - t o t a l 5,578 5,611 5,229 2,913 •2,665 2,9H 2,700 2,743 2,4s6 1,905 1,914 1,880 l,li4 792 1,110 803 1,127 753 743 50 742 49 722 61 5,199 1,225 l 5,218 1,223 2 5,212 1,173 12 To 844 76 911 95 94s 37 37 103 962 987 1,545 3,494 924 989 1,536 3,450 3,137 357 3,o6s 382 1,023 1,786 2,668 5,^77 4,91s 559 Loans and investments - t o t a l 1,930 1,913 2,099 Loans - t o t a l 1,536. 1,521 1,646 924 612 910 611 912 735 395 392 453 162 233 154 239 195 25s. 165 15 169 16 177 17 1,214 596 1,196 602 1 1,245 6s6 1 159 314 166 315 162 315 l 2 io4 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 Reserve with F. 3. Bank Cash i n v a u l t 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 Dae to banks Borrowings from P. R. Bank Loans on s e c u r i t i e s t o brokers and d e a l e r s : For own account For account of out-of-town banks For account of o t h e r s Total On demand On time 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 Reserve with F. R. Bank Cash i n v a u l t ETet 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. 2. Bank ( S t . 6495a) For immediate r e l e a s e St. 6495b PHIiTCIP.il RESOURCES ABD LIABILITIES OF 7JEEICLY BSPOBTIHGr iAEMBER BASKS III EACH PEDE5RAL RESERVE DISTRICT GET FEBRUARY 19, • 1930 (In m i l l i o n s of d o l l a r s ) y Total Federal P h i l a - Cleveland Boston jllew York delphia Richmond Reserve ! A t l a n t a Chicago St. Louis District Minn- Kansas e a p o l i s City Dallas San Francisco Loans and investments - t o t a l 22,090 1,496 8,758 1,202 2,126 642 618 3,lb0 666 364 656 459 1,944 Loans - t o t a l 16,519 1,170 6,496 914 1,515 486 494 2,511 517 248 443 353 1,371 7,669 8,850 504 666 3,359 3,137 483 431 723 792 185 301 159 335 1,247 1,264 232 284 85 163 136 307 106 247 449 922 5,571 326 2,262 288 6l0 156 123 649 149 116 213 106 2,803 2,763 164 162 l , 2S2 1,000 81 207 293 317 71 85 61 63 294 355 36 113 64 52 93 120 § 575" 325 24s l,b95 232 98 15 805 63 14 131 28 11 4o 4o 239 35 44 6 25 5 53 10 34 15 110 19 12,966 6,851 4 901 4j8 5,735 1,790 1 699 297 1,002 946 345 239 330 241 1,797 1,174 l 370 229 211 134 479 174 290 144 757 1,006 1 1,104 2,734 42 115 lib So4 58 170 93 203 t 68 109 225 431 58 129 49 73 117 200 67 98 163 208 186 6 58 12 31 12 28 6 1 8 10 5 On s e c u r i t i e s 111 o t h e r 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 Reserve with F. R. Bank Cash i n v a u l t ITet 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 ? . R. Bank C . 9 9
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