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STATEMENT FOB THE PRESS B-SO4 For immediate r e l e a s e Federal Reserve Board January 15, 1934. CONDITION OF WEEKLY REPORTING- MEMBER BANKS IN 9 0 LEADING- CITIES The F e d e r a l Reserve B o a r d ' s c o n d i t i o n statement of weekly r e p o r t i n g member banks i n 90 l e a d i n g c i t i e s on January 10 shows d e c r e a s e s f o r the week of $197,000,000 i n loans and investments and $ l 4 l , 0 0 0 , 0 0 0 i n Government d e p o s i t s , and an i n c r e a s e of $60,000,000 i n r e s e r v e b a l a n c e s with Federal Reserve banks* Loans on s e c u r i t i e s d e c l i n e d $120,000,000 a t r e p o r t i n g member b a n k s , i n the New York d i s t r i c t and $123,0^0,000 a t a l l r e p o r t i n g member b a n k s , "All o t h e r l o a n s " d e c l i n e d $27,000,000 in the New York d i s t r i c t and $53,^00,000 a t a l l r e p o r t ing bank's. Holdings of United S t a t e s Government s e c u r i t i e s i n c r e a s e d $$2,000,000 i n the Chicago d i s t r i c t , and d e c l i n e d $19,000,000 i n the New York d i s t r i c t and $13,000,000 i n the P h i l a d e l p h i a d i s t r i c t , a l l r e p o r t i n g banks showing a n e t i n crease of $5,000,000 f o r the week. Holdings of other s e c u r i t i e s d e c l i n e d $26,000,000 i n the Boston d i s t r i c t , $9,000,000 i n the New York d i s t r i c t and $26,000,000* a t a l l r e p o r t i n g banks, and i n c r e a s e d $11,000,000 in the Chicago d i s trict. Borrowings of weekly member banks from Federal Reserve banks aggregated $21,000,000 on January 10, or $4,000,000 l e s s than the week b e f o r e . Licensed member banks f o r m e r l y included i n the c o n d i t i o n s t a t e m e n t of member banks i n 101 l e a d i n g c i t i e s , b u t not now included in the weekly s t a t e m e n t , had t o t a l l o a n s and investments of $963,030,000 and net demand, time and Government d e p o s i t s of $992,000,000 on January 10, compared with $957»000,000 arid $995»000,000, r e s p e c t i v e l y , on January 3 . 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 r e p o r t i n g member banks, i n 9v l e a d i n g c i t i e s , t h a t a r e now i n c l u d e d in the s t a t e m e n t , t o g e t h e r with changes f o r tiie wee!? and the year ended January 10, 1934, 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 ) I n c r e a s e or d e c r e a s e since J a n . 10,193-4 J a n . 3,1934 J a n . 11,1933 Loans and i:. vestae:: 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 o t h e r Investments - t o t a l U. S* Government s e c u r i t i e s 0tlior s e c u r i t i e s Reserves with Cash i n v a u l t R. Banks 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 Duo from "banks Due to banks Borrowings from F e Re Banks 16,368 -197 289 8,209 _-l76 525 3,497 4,712 -123 —* 22b - 53 - 299 s.Ul - 21 + 236 5,210 2,969 + 5 + 242 - 26 1,383 24s + 60 + 1 + - — 10,951 4,343 571 1,210 2,804 21 1 - s -l4l 6 — 52 60 281 312 313 - 46 - 24 - 5oS - - 12 4 493 For immediate r e l e a s e y suuzd J a n u a r y 11, 1934 CONDITION OF WEEKLY REPORTING 131353 ZAXIS IF CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) Jvn. 10 Jan. 3 NSW YORK Loans end i n v e s t m e n t s - t o t a l L o a n s ~ 5 ^ t o t a l g ^ J L M Slather"163 ^6U4 Investments - t o t a l , -i*2b£_ U. S. Government s e c u r i t i e s Other s e c u r i t i e s Reserves v.ith F. R. Bank Cash i n v a u l t JM2 1.744 1,670 1,550 i,g22 . J , 293 3,653 2,170 2>1SJ 2,560 1,106 1,093 „7q y 4i c 0 ,- n 5,2b0 ^ 272 Due from "banks Due to banks 7,055 1,09s 8 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 J a n . 11 1933 Zi 1,1/4 821 42 ^ J,yl9 700 335 ^ l,l4? 40 5,880 894 112 85 1,178 1,616 J?o 367 H __J_ Borrowings f r o m F . R. Bank Loans on s e c u r i t i e s to b r o k e r s and d e a l e r s : For own account For account of o u t - o f - t o w n banks For account of o t h e r s Total On demand On time r 17? J y 2 5 -ZM S3 7 38I Wl 265 577 9nR 260 176 JLIZI * 1,220 1,084 579 584 639 297 286 298' 358 281 * Bio 445 259 371 *259 249 196 307 43 346 46 304 19 I'0?6 337 28 1,078 337 36 318 13 184 280 194 27S 262 305 CHICAGO 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 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 Reserves w i t h F . R. Brnk Cash in 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 Due from banks Due to banks J?S4. ),,,J Borrowings f r o m F. R. Bank *Revised. (B-804a) For immediate r e l e a s e PRINCIPAL ASSET'S AH) LIABILITIES OF WEEKLY HEFOflTIHG MEMBER BAMS IN LEADING CITIES, BY DISTRICTS, OH JANUARY 10, 1934 ( I n m i l l i o n s of d o l l a r s ) 3-804b Federal Total 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 Investments U. S e Govt, s e c u r i t i e s Other s e c u r i t i e s Reserves w i t h F s R, Bank Cash i n v a u l t Het 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 . banks Boston Hew York Philadelphia i Reserve CIeve—| Richland mond ; District A t l a n t a Chicago St. Louis Minn- j Kansas e a p o l i s I City Dallas 16.183 1.144 7.464 i.oi4 1.0QQ J3L 333 1,53} 478 J25_ _511 J3Sl 1.704 1,209 66s 3,795 503 444 168 189 747 22C 172 _2Q1 202 SE 3,457 4,712 261 407 1,847 1,94s 240 263 220 224 109 133 56 342 405 90 138 125 47 60 145 60 142 673 3,179 476 3,669 511 655 168 144 836 250 153 308 J2L 816 5,210 305 2,339 1,330 240 271 455 200 120 533 303 150 100 96 57 200 108 i4o 53 504 312 1,923 243 l4o 39 927 S3 12 95 19 34 11 25 343 65 33 5 12 75 56 107 16 10,951 4,343 777 607 53S 428 195 130 149 129 18 2,969 571 1,210 2,804 21 171 3 65 ill 173 56 5,663 l,H3 291 lis 1,229 15 303 32 85 153 33 59 124 59 48 7 53 72 6 63 54 1,286 452 36 240 349 9 312 9 215 588 159 10 195 126 l 374 165 267 122 7 19 883 52 67 67 129 185 121 99 131 146 111 78
@FedFRASER