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STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System For immediate r e l e a s e February 8, 1937 Condition of Weekly Reporting Member Banks in 101 Leading P i t i e s The condition statement of weekly r e p o r t i n g member "banks in 101 leading c i t i e s on February 3 shows decreases f o r the week of $48,000,000 i n t o t a l loans and i n v e s t ments and $37,000,000 i n demand d e p o s i t s - a d j u s t e d , an increase of $2$,000,000 in time d e p o s i t s , and decreases of $50,000,000 in Government d e p o s i t s , $4l,000,000 in deposits c r e d i t e d to dogiestic banks and $25,000,000 in reserve balances with Federal Reserve banks. Loans to brokers and d e a l e r s in New York City declined $23,000,000, loans to brokers and d e a l e r s outside Hew York increased $9,000,000, and loans on s e c u r i t i e s to o t h e r s (except banks) increased $9,000,000 in the New York d i s t r i c t and $10,000,000 a t a l l r e p o r t i n g member banks» Holdings of acceptances and commercial paper bought increased $1,000,000, r e a l e s t a t e loans declined $1,000,000, and "Other l o a n s " increased $2,000,000. 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 $29,000,000 i n the Hew York d i s t r i c t , $ 9 , 0 0 0 , 0 0 0 in the Cleveland d i s t r i c t , $8,000,000 each in the Richmond and A t l a n t a d i s t r i c t s and $63,000,000 a t a l l r e p o r t i n g member banks. Holdings of o b l i g a t i o n s f u l l y guaranteed by the United S t a t e s Government increased $2,000,000, Holdings of "Other s e c u r i t i e s " increased $11,000,000 in the Hew York d i s t r i c t and $15,000,000 a t a l l r e p o r t i n g member banks. Demand d e p o s i t s - a d j u s t e d increased $19,000,000 i n the Boston d i s t r i c t , a n d declined $26,000,000 in the Chicago d i s t r i c t and $37,000,000 a t a l l r e p o r t i n g member b a n k s . Time d e p o s i t s i n c r e a s e d $ 1 6 , 0 0 0 , 0 0 0 in. the Hew York d i s t r i c t , $7i000,000 i n the Cleveland d i s t r i c t and $25,000,000 a t a l l r e p o r t i n g member banks. Government d e p o s i t s declined i n a l l d i s t r i c t s , the aggregate reduction being $50,000,000. Deposits c r e d i t e d to domestic banks declined $35,000,000 in the New York d i s t r i c t , $14,000,000 in the San Francisco d i s t r i c t , $10,000,000 in the Boston d i s t r i c t and $4l,000,000 a t a l l r e p o r t i n g member banks. 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, together with changes f o r the week and the year ended February 3» 1937, follows: ( i n m i l l i o n s of d o l l a r s ) Increase or decrease since Feb. 3 , J a n . 27, Feb. 5, ASSETS 1937 1937 1936 Loans and investments - t o t a l 22,579 -48 +1,560 Loans to brokers and d e a l e r s : In Hew York City Outside Hew York City Loans on s e c u r i t i e s to o t h e r s (except banks) 964 240 -23 +9 +66 2,034 +io -30 392 1,151 60 +1 -1 +38 +11 +76 Acceptances & commercial paper bought Loans on r e a l e s t a t e Loans to banks Other loans 4,100 +2 +811 U. S. Gov'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 by U.S.Gov't Other s e c u r i t i e s 9,i'49 1,214 3,275 -63 +454 +35 Reserve with F . R. banks Cash in v a u l t Balances with domestic banks 5,330 375 2,249 -25 -15 +504 +35 ~9l 15,493 5,077 476 -37 +25 +1,498 -50 -122 -4i +3 t5 +336 +2 +15 ~6 -10 +109 LIABILITIES Demand deposits—adjusted Time d e p o s i t s U. S. Government deposits Inter—ba:ok d e p o s i t s : Domestic banks Foreign banks Borrowings 5,928 417 +185 +8 ' T3 (B-SO4) STATEMENT FOR THE PRESS Board of Governors of t h e F e d e r a l Reserve System F e b r u a r y 4, 1937 For immediate r e l e a s e ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BAKES IN CENTRAL RESERVE CITIES ( I n b i l l i o n s of d o l l a r s ) Chicago New York C i t y 19 3 7 19 3 7 193b 1936 F e b . 3 | J a n . 27 F e b . 5 F e b . 3 J a n . ?7 Feb, 5 ASSETS Loans and i n v e s t m e n t s - t o t a l 8,542 8,028 2,112 2,087 1,986 924 74 942 74 8 60 60 1 47 1 4i 29 741 731 731 142 13s 147 Acceptances & commercial p a p e r b o u g h t 136 Loans on r e a l e s t a t e 129 Loans t o banks 30 Other l o a n s 1.463 l4i 129 30 1,462 162 127 33 1,102 17 i4 5 369 ll 5 363 i? 5 25s 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 3.464 3,494 3,422 1,150 1,139 1,179 455 1,097 454 1,085 420 1,111 95 272 94 275 90 247 Reserve w i t h F . R. bank Cash i n v a u l t B a l a n c e s w i t h d o m e s t i c banks Other a s s e t s — n e t 2,65s 50 si 494 2,656 82 498 2,487 50 81 469 543 33 172 65 185 75 505 36 167 77 619 146 159 5,935 537 161 1,561 4^4 41 1,564 454 49 91 3S4 2,428 381 2,340 379 615 4 362 1,469 301 1,462 19 231 Loans to b r o k e r s and d e a l e r s : I n New York C i t y O u t s i d e New 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) 54 % 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 banks Borrowings Other l i a b i l i t i e s C a p i t a l account 362 568 4 23 239 ~34 225 ASSETS Aim LIABILITIES OF WEEKLY REPORTING LfEMBER BAHKS IN 101 LEADI1TG CITIES Oil FEBRUARY 3 , 1937 Total All Boston Districts 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 3few 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 tanks) A c c e p t a n c e s a n d commercial p a p e r bought Loans on r e a l e s t a t e Loans t o b a n k s Other loans U. S. Gov'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 Reserves with F . B. bank Cash i n v a u l t Balances with domestic banks Other a s s e t s - net B-S04b ( i n m i l l i o n s of d o l l a r s ) ITew York Federal P h i l a - Cleve- Richd e l p h i a l a n d mond Reserve A t l a n t a I Chicago 1 22,579 1,205 9,405 1,189 964 240 14 25 933 76 9 20 16 ""*4 5 4 54 2,034 392 1,151 So 4,100 9,149 1,214 3,275 145 06 Sb 4 309 336 22 151 S70 155 240 ,31 l,blS 3,698 496 1,288 137 32 63 2 188 348 88 302 215 O ISO 3 232 935 55 274 70 10 2b 119 291 54 76 53 0 26 1 169 201 36 84 5,330 375 2,249 1,349 296 113 130 90 2,771 65 154 573 251 16 154 88 319 34 224 107 136 IS 150 4i 15,493 5,077 476 1,037 279 7 6,985 1,019 165 824 260 4b 1,107 715 48 5.9SS 417 242 6 2,463 386 316 4 376 1 —— — 21 227 15 340 1,918 St. Louis District San Minne- (Kansas D a l l a s a p o l i s 1 City Francisco 4io 706 497 2,183 5 3 1 4 3 3 22 200 39 74 "9 526 1,56s 164 405 70 12 44 6 142 237 59 111 30 13 5 43 2 23 155 27 365 112 190 12 45 i4o 200 30 56 396 719 149 344 91 11 i4o 35 737 53 398 97 133 12 144 24 63 5 80 16 i4$ 11 236 24 108 9 17s 28 276 18 231 223 429 196 19 333 177 26 2,29s G'51 69 4i6 ISO 8 267 123 2 489 i46 13 384 121 31 924 1,010 42 230 235 842 6 300 121 1 387 201 l 275 12 6 86 25 347 10 85 5 55 2 89 650 584 3,143 .. • " ' bSo eweew 46 22 19 1 i4g 276 49 139 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 banks Foreign banks Borrowings Other l i a b i l i t i e s C a p i t a l account ~+ aoj 3,554 — - 31 235 374 1,606 — 29 92 — - — 5 75 344 324
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