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STATEMENT FOR TEE PRESS 3-8 OU Federal Reserve -joard January l4, 1935* For immediate release CONDITIO# OF 7REKLY REPORTING MEMBER BAKKS IN ISADIliG CITIES The Federal Reserve Loard's condition statement of weekly reporting member bahlcs in 91 leading cities on January 9 shows decreases for the week of $63,000,000 in total loans and investments and $20,000,000 in net demand deposits and $8,000,000 in Government deposits, and increases of C145,000,000 in reserve balances with Federal Reserve banks and 59,000,000 in time deposits. Loans on securities to brokers and dealers in Mew York City declined $27»000,000 at reporting member banks in the Hew York district and $26,000,000 at all reporting member banks; loans on securities to brokers and dealers outside Hew York City declined $5,000,000 in the Boston district and $8,000,OX) at all reporting banks; and loans on securities to others declined $7,000,000 in the Atlanta district, $6,000,000 in the Hew York district and $22,000,000 at all reporting banks. Holdings of acceptances and commercial paper increased $4,000,000 in the New fork district and at all reporting member banks; real estate loans declined $2,.Q00,000; ^and "other loans" declined $14,000,000 in the Hew York district and at all report' ing banks. Holdings of United States Government direct obligations declined $18,000,000 in the Chicago district and $11,000,000 in the St. Louis district, and increased $14,000,000 in the Few York district and $6,000,000 in the San Francisco district, all reporting banks showing no change for the week; holdings of obligations fully guaranteed by the United States Government increased $7,000,000 in the Philadelphia district and $5,000,0000 at all reporting member banks, and declined $8,000,000 in the Hew York district; and holdings of other securities increased $12,000,000 in the Hew York district and declined a like amount in the other districts. Licensed member banks formerly included in the condition statement of member banks in 101 leading cities, but not now included in the weekly statement, had total loans and investments of $1,231,000,000 and net demand, time and Government deposits of $1,399,000,000, compared with $1,255,000,000 and $1,380,000,000, respectively, on January 2. A summary of the principal assets and liabilities of the reporting member banks, in 91 leading cities, that are now included in the statement, together with changes for the week and the year ended January 9, 1935» follows; (in millions of dollars) Jan. 9,1935 Increase or decrease since Jan. 2,1935 Jan. 10, 18,158 - 63' +1,770 7,025 - 56* -472 715 l6l 2,149 - 26 — s - 22* + b2 + 18 -552 Acceptances and commercial paper bought Loans on real estate Other loans 44o 975 3,13S + 4) - 2) - l4)* -159 U. S. Government direct obligations Obligations fully guaranteed by U.S.Govt ,x""Other securities 7.192 538 . 2,800 + 5) -- ) 3,208 284 +145 - 8 +1,225 + 36 13,665 4,397 1,336 -20 + 9 - 8 +2,714 + 54 +765 1,706 4,129 -64 - 4 +496 +1,325 Loans and investments - total Loans en securities - total To brokers and dealers: In Hew York Outside Hew York y To others Reserve with F. R. banks Cash in vault Met demand deposits Time deposits Government deposits Due from banks Due to banks Borrowings from F. R. banks — — +1,982 — — *Jan. 2 figures revised. (San Francisco district) +419 -21 Federal Reserve Board. January 10, 1935. For immediate release G01TDITI02I OF WEEKLY REPORTING MEMBER BAMS 1ST CENTRA.L RESERVE CITIES (in millions of dollars) Jan. 9 1975 . Jan. 2 Jan. 1( 1935 1934 Loans and investments - total 7,332 7,346 6.536 Loans on securities - total To "brokers and dealers: In New York Outside New York To others 1,415 1*453 1.624 564 54 797 598 54 801 561 Acceptances and commercial paper "bought Loans on real estate Other loans 231 130 1,183 227) 130) 1,194) U. S. Government direct obligations Obligations fully guaranteed by U.S.Govt. Other securities 3,127 3,103 ' 273) Reserve with F. R. bank Cash in vault 1,527 45 1,501 50 879 Net demand deposits Time deposits Government deposits 6,560 605, 6,57% 5,260 697 731 735 272 Due from banks Due to banks 71 1,735 83 1,796 71 1,174 1,55% 1,576 1,273 Loans on securities - total To brokers and dealers: In New York Outside New Y 0 rk To others 231 231 282 27 24 26 17 180 25 180 236 Acceptances and commercial paper bought Loans on real estate 0 ther loans 61 19 211 61) 19) 214) U.S.Government direct obligations Obligations fully guaranteed by U.S.Govt. Other securities 734 7S 220 750 78) 223) 435 Reserve with F. R. bank Cash in vault 452 33 413 40 307 %3 1,469 383 46 1,454 1,096 17EW YORK 269 977 966) 605 44 1,019 1,644 2,170 1,098 4i Borrowings from F. R. bank CHICAGO Loans and investments - total Net demand deposits Time deposits Government deposits Due from banks Due to banks 179 449 % 198 447 297 259 337 28 184 280 Borrowings from F. R. "bank (BlSOUa) For immediate release PHI1TCIFAL ASSETS AITD LIABILITIES OF 77EEKLY REPORTING MEMBER 3A3SS IH LEADIFG CITIES, BY DISTRICTS, Oil JANUARY 9, 1935 B—< (In millions of dollars) ITew Loans and investments - total Loans on securities - total To brokers and dealers: In Mew York Outside ITew York To others Acceptances and commercial paper bought Loans on real estate Other loans Federal Phila- Cleve- Hi ch- 1.137 8.230 1.072 1,196 366 351 1,956 542 3bl 583 431 3*025 215 1,623 205 179 58 51 278 68 35 55 49 19 30 600 2 6 4 50 61 1 1 33 6 7 170 29 27 222 4 1 44 10 5 delphia mond land 57 2,lU9 166 966 21 16 168 44o 46 92 233 249 1,32s 20 71 174 2 11 75 130 17 80 12 123 3,315 293 290 46 597 24 135 106 8 10 1,189 266 189 57 $ 975 3.138 256 2 67 98 5 12 76 9 191 263 126 7 470 162 26 297 35 1,732 520 67 385 55 243 136 10 160 251 112 I83 86 102 74 81 257 552 93 173 95 205 118 273 — — — — — — — 13,o65 4,397 1.336 924 317 92 7,016 1.025 768 718 308 693 436 77 1,706 115 156 4,129 204 1,846 126 — 164 32 20 171 17 99 9 12 179 333 495 48 49 20 10 181 18 4o 29 7 147 21 209 114 55 142 I4 1,933 104 94 1,586 59 — 37 109 ll Francisco 3 23 117 6 47 249 71 — 71 34 293 ui 253 15 115 3,208 284 — — 2 I City 199 Reserve with F. 2. banks Cash in vault 58S 4 Louis : eapolis 922 96 2b2 2,800 San Dallas 12,158 York 367 8 153 Borrowings from F. 3. banks Atlanta Chicago District Minn- Kansas Boston 7.192 Due from banks Due to banks St. Total U. S. Government direct obligations Obligations fully guaranteed by U.S.Govt, Other securities Fet demand deposits Time deposits Government deposits Bestjrve 345 310 675 4i 733 125 952 64 103 l4s 139 205 207
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