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SHAfBMETe FOB TH3 KISSS For immediate r e l e a s e s t . 6062 Federal Reserve Board, J a n u a r y 21, 1929. COSDI'TICH OF VJEEKLT REPORTING SffilSER BANKS IN 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 101 l e a d i n g c i t i e s on January l 5 shows d e c r e a s e s f o r the week of $58,000,000 i n l o a n s and i n v e s t m e n t s , of $57,000,000 i n borrowings from F e d e r a l r e s e r v e "banks, and of $21,000,000 i n Government d e p o s i t s . Net demand d e p o s i t s and time d e p o s i t s showed r e l a t i v e l y l i t t l e change f o r t h e week. Total l o a n s d e c l i n e d $211,000,000 a t r e p o r t i n g "banks i n the New York d i s t r i c t , $1^,000,000 i n the Chicago d i s t r i c t and $10,000,000 i n t h e P h i l a d e l p h i a d i s t r i c t , and i n c r e a s e d $8,000,000 i n t h e Boston d i s t r i c t . An i n c r e a s e of $d4,000,000 i n U. S. Government s e c u r i t y h o l d i n g s was r e p o r t e d "by member "banks in t h e New York d i s t r i c t and of $9,000,000 i n t h e Boston d i s t r i c t , while h o l d i n g s of other "bonds, s t o c k s and s e c u r i t i e s i n c r e a s e d $41,000,000 i n the New York d i s t r i c t and $2,000,000 i n t h e San F r a n c i s c o d i s t r i c t . Net demand d e p o s i t s , which a t a l l r e p o r t i n g "banks were $3,000,000 above the January 9 t o t a l , i n c r e a s e d $13,000,000 a t r e p o r t i n g "banks i n the Boston c L . s t r i c t , $12,000,000 i n the San F r a n c i s c o d i s t r i c t and $7,000,000 i n the Cleveland d i s t r i c t , and d e c l i n e d $13,000,000 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 vl9.000.000 i n the New York d i s t r i c t and $6,000,000 i n the Cleveland d i s t r i c t , and i n c r e a s e d $15,000,000 i n t h e S t . Louis 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 d e c l i n e , of $5,000,000. The p r i n c i p a l changes i n "borrowings from F e d e r a l r e s e r v e "banks f o r the week were r e d u c t i o n s of $63,000,000 a t the Federal Reserve Bank of New York, of $9,000,000 a t Cleveland and of $6,000,000 a t San F r a n c i s c o , and an i n c r e a s e of i?21,000,000 a t Chicago. 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 weekly r e p o r t i n g member banks, t o g e t h e r w i t h changes d u r i n g t h e week and the y e a r ending January 16, 1929, follows: ( i n m i l l i o n s of d o l l a r s ) Jan. l6 1929 I n c r e a s e or decrease since Jan, • 9,1929 J a n . 18,1928 Loans and i n v e s t m e n t s - t o t a l 22,234 - 58 + 787 Loans - t o t a l 16,158 - 208 + 786 38* 246* + + 109* On s e c u r i t i e s A l l other 7,302* 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. Banks Cash i n 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 t o banks Borrowings from F. R. Banks C. + 8,856* - 6,076 + 150 3,120 2,956 + + lo4 46 1,771 242 + 6 - 13,611 6,891* 90 1,237 3,015* 598 + - + - - + + - 21 155 154 13 + 4- 47 303 * 1 27 29 3 5* 677* - 57 • S u b j e c t to c o r r e c t i o n , 313 331* l 64o * 307 F e d e r a l Reserve Board, J a n u a r y 1 / , 19^9* For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BilKS IN CENTRAL RESERVE CITIES ( i n m i l l i o n s of d o l l a r s ) NEW YORK Jan. l6 1929 Jan. 9 1929 J a n . 18 1928 Loans and i n v e s t m e n t s - t o t a l 7,1%6 7,262 6,947 Loans - t o t a l 5,26l 5,451 5,081 2,806 2,455 2,857 2,594 2,591 2,490 1,885 1,811 1,867 1,145 74O 1,089 722 1,060 807 756 54 756 59 783 53 5,391 1,182 24 5,407 1,202 30 5,577 1,097 27 122 *962 119 1,213 ill 1,316 l4l 202 51 1,073 1,859 2,452 5,384 4,818 566 1,163 1,794 2,356 5,313 4,748 565 1,260 1,535 993 3,788 Loans and i n v e s t m e n t s - t o t a l 2,059 2,073 1,995 Loans - t o t a l 1,609 1,618 1,495 *825 *784 838 780 794 450 455 500 199 251 197 25s :.'228 272 185 17 185 19 194 19 1,244 S85 3 1,265 688 3 1,333 636 4 158 324 l44 341 143 377 75 57 26 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 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 t o banks Borrowings f r o m F . R. Bank Loans For For For on s e c u r i t i e s t o b r o k e r s and d e a l e r s : own account account of o u t - o f - t o w n "banks account of o t h e r s Total On demand On time 2,916 872 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 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 Borrowings f r o m F . R. Bank G• 100 ( S t . 6062a) •Subject to correction. S t . 6062b For immediate r e l e a s e PRINCIPAL RESOURCES AID LIABILITIES OF 1SZKLY R3PORTI33 M3I-BER SIZES H E1CH FIDHELH, BESHRYE DISTRICT OH JMUARY l 6 , I 9 2 9 . ( i n m i l l i o n s of d o l l a r s ) Federal Total Boston j?rew York Phila. Reserve^ Cleve. Rich. District r " T A11 an t a j Ch i c ag 0 S t . L o u i s j Minn. Kans.Cy. D a l l a s 1 Saa F r a n . Loans and i n v e s t m e n t s - t o t a l 22,234 1,499 8,380 1,240 2,181 683 637 3,320 739.... 392 687 502 1,976 Loans - t o t a l l6,15S 1,130 6,145 890 1>79 523 500 2,567 533 26l 448 364 1,316 494 396 625* 854* 199 324 142 359 1,125 1,442 24o 152* 296* 136* 293 79 182 753 206 131 239 138 659 On s e c u r i t i e s All o t h # 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 R e s e r v e w i t h F. R. Bank Cash i n v a u l t B e t 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 f r o m banks Dae t o banks Borrowings f r o m F. R. Bank 457 673 3,252* 2,893* b,07b 369 2,235 349 702 159 137 3,120 2,956 164 205 1,244 991 n4 235 337 365 71 88 69 68 391 83 74 57 117 96 123 390 269 1,771 242 101 820 67 82 15 131 42 12 42 10 268 4o 48 7 26 6 59 11 36 8 117 29 13,611 6,891* 950 5,986 1,717 75% 369 241 2 335 1,375 417 221 5 5 2 l4i l 514 179 l 323 139 8 825 995 231 459 59 I4S 48 86 l4i 218 77 114 155 116 22 10 17 17 45 90 1,237 3,015* 5SS 1 18 476 2 27 5 1,043 948 9 160 106 222 62 294 120* 1,035* 63 172 28 184 39 53 • S u b j e c t to c o r r e c t i o n . C. 4oo* 7,302* 5,856* 230 88 54 126 103 * 20 36 361 1,277 256* 122 228* 4i 916* 21 22 212
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