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STATEMENT FOR THE PRESS
For immediate r e l e a s e

B-80U
F e d e r a l R e s e r v e Board
J a n u a r y 28, 1935*

CONDITION OF WEEKLY REPORTIHG MEMBER BAMS IN LEADING CITIES
The F e d e r a l R e s e r v e B o a r d ' s c o n d i t i o n s t a t e m e n t of weekly r e p o r t i n g member
"banks i n 91 l e a d i n g c i t i e s on J a n u a r y 23 shows i n c r e a s e s f o r the week of $54,000,000
i n n e t demand d e p o s i t s , $ 3 2 , 0 0 0 , 0 0 0 i n time d e p o s i t s and $ 1 2 7 , 0 0 0 , 0 0 0 i n r e s e r v e
b a l a n c e s w i t h F e d e r a l R e s e r v e b a n k s , and d e c r e a s e s of $ 3 9 , 0 0 0 , 0 0 0 i n Government d e p o s i t s and $ 7 , 0 0 0 , 0 0 0 i n t o t a l l o a n s and i n v e s t m e n t s .

!
j
t
'

•
1

Loans 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 i n Hew York C i t y d e c l i n e d
$ 2 9 , 0 0 0 , 0 0 0 a t member banks i n the New York d i s t r i c t and $ 3 0 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member b a n k s ; l o a n s 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 o u t s i d e New York C i t y
d e c l i n e d $ 3 , 0 0 0 , 0 0 0 i n the Chicago d i s t r i c t and $ 4 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g b a n k s ;
and l o a n s on s e c u r i t i e s t o o t h e r s i n c r e a s e d $ 1 3 , 0 0 0 , 0 0 0 i n the Mew York d i s t r i c t and
$ 9 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g b a n k s . H o l d i n g s of a c c e p t a n c e s and commercial p a p e r
i n c r e a s e d $ 1 4 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t and $ 1 3 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g
member b a n k s , w h i l e r e a l e s t a t e l o a n s and " o t h e r l o a n s " showed l i t t l e change f o r
the week.
Holdings of U n i t e d S t a t e s Government d i r e c t o b l i g a t i o n s d e c l i n e d $ 3 7 , 0 0 0 , 0 0 0
a t r e p o r t i n g member banks i n t h e New York d i s t r i c t and $ 7 , 0 0 0 , 0 0 0 i n the D a l l a s d i s t r i c t , and i n c r e a s e d $ 1 8 , 0 0 0 , 0 0 0 i n t h e Chicago d i s t r i c t and o l 3 , 0 0 0 , 0 0 u in. t n e
Boston d i s t r i c t , a l l r e p o r t i n g member banks showing p r a c t i c a l l y no change f o r the
week; h o l d i n g s of 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 the U n i t e d S t a t e s Government i n c r e a s e d somewhat i n a number of d i s t r i c t s , t h e n e t i n c r e a s e a t a l l r e p o r t i n g banks
b e i n g $ 1 3 , 0 0 0 , 0 0 0 ; and h o l d i n g s of o t h e r s e c u r i t i e s d e c l i n e d ^ 5 , 0 0 0 , 0 0 0 .
L i c e n s e d member b a n k s f o r m e r l y i n c l u d e d 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 n o t now i n c l u d e d i n the weekly s t a t e m e n t , had t o t a l
l o a n s and i n v e s t m e n t s of $ 1 , 2 2 0 , 0 0 0 , 0 0 0 and n e t demand, time and Government d e p o s i t s
of $ 1 , 3 8 9 , 0 0 0 , 0 0 0 , compared w i t h $ 1 , 2 1 9 , 0 0 0 , 0 0 0 and $ 1 , 4 0 0 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y ,
on J a n u a r y l 6 .
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 t h e r e p o r t i n g member
b a n k s , i n 91 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 i n the s t a t e m e n t , t o g e t h e r w i t h
changes f o r the week and the y e a r ended J a n u a r y 23, 1935« 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 )
J a n . 23.1935

Increase or decrease since
J a n . 16.1935 J a n . 24. 1934

18,257

- 7

+I,s6l

Loans on s e c u r i t i e s - t o t a l
To "brokers ,and d e a l e r s :
In Hew York
O u t s i d e Mew York
To o t h e r s

3,045

-25

-453

723
164
2,15s

+ 9

+
39
+ 24
-516

Acceptances and commercial p a p e r "bought
Loans on r e a l e s t a t e
Other l o a n s

449
973
3,124

+13)
- 3)
- 1)

U. S . Government d i r e c 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

7,235
612
2,819

+ 1*
+13*)

Reserve w i t h F . E . banks
Cash i n v a u l t

3,401
267

+127
+ 2

+1,354
+ 35

13,916
4,429
1,293

+54
+32
-39

+2,775
+57
+923

1,770
4,259

-29
-11

+462
+1,258

1

- 8

-19

Loans and i n v e s t m e n t s - t o t a l

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 b a n k s
Borrowings from F . B. b a n k s



- 5.)

-167
+1,990
+491

*January l 6 f i g u r e s r e v i s e d .
(Chicago d i s t r i c t )

1

f—4

CONDITIO# OF WEEKLY REPORTING MEMBER BA2TXS
( i n m i l l i o n s of d o l l a r s )

1

F e d e r a l Reserve Board
January 24, 1935*

For immediate r e l e a s e

CITIES

J a n . 23
1935

Jan. l6
1935

J a n . 24
1934

Loans and i n v e s t m e n t s - t o t a l

7,465

7,487

6,569

Loans on s e c u r i t i e s - t o t a l
To b r o k e r s and d e a l e r s :
In Hew York
Outside Mew York
To o t h e r s

1.454

1.465

1,646

579
55
820

603
55
207

587
43
1,016

Acceptances and commercial p a p e r bought
Loans on r e a l e s t a t e
Other loans

240
131
1,186

227)
131)
1,181)

U, S . Government d i r e c 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.Govt.
Other s e c u r i t i e s

3,179
272
1,003

3,209
268)
1,006)

Reserve with F. R. bank
Cash i n v a u l t

1,646
42

1,505
40 '

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

6,775
619
713

6,684
609
731

5,384
70s
184

Due frcun banks
Due to banks

74
1,867

73
1,870

7%
1,276

1,568

1,553

1,300

HEW YORK

1,666
2,201
1,056
902
38

Borrowings from F . R. bank
CHICAGO
Loans and investments - t o t a l
Loans on s e c u r i t i e s - t o t a l
To b r o k e r s and d e a l e r s :
In Hew York
Outside Hew York
To o t h e r s

230

234

278

26
26
178

26
29
179

17
29
232

Acceptances and commercial p a p e r bought
Loans on r e a l e s t a t e
Other l o a n s

57
19
212

61)
19)
212)

298

U. S. Government d i r e c 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.Govt.
Other s e c u r i t i e s

759
78
213

732
78)
217)

437

Reserve with ? . R. bank
Cash i n v a u l t

484
36

476
36

322
42

1,507
3Sb
45

1,489
382
46

1,112
338
27

172
465

179
459

194
307

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
Due from banks
Due to banks

287

Borrowings from F. E. "bank




(B-804a

For immediate r e l e a s e
PRINCIPAL ASSETS AH) LIABILITIES OF WEEKLY REPORTING MEMBER BANKS I1T LEAD III G CITIES, BY DISTRICTS, OH JANUARY 23, 1935
( i n m i l l i o n s of d o l l a r s )
Hew

Total

Boston

York

Federal
ClevePhiladelphia

Reserve
Rich-

St.

A t l a n t a Chicago

mond

land

Louis

District
Minn- Kansas
eapolis

City

San
Dallas

Francisco

18,257

1,154

8,337

1,075

1.191

369

346

1,966

538

356

566

424

1,935

Loans on s e c u r i t i e s - t o t a l
To "brokers and d e a l e r s :
In New York
Outside Hew York
To o t h e r s

3,045

216

1,653

206

177

57

51

276

67

33

53

49

207

723
164
2,158

20
32
164

607
57
989

22

2

4

167

168'

6
l
50

Hi

28
29
219

4
4
59

1
32

6
2
45

4
1
44

20
10
177

Acceptances and commercial p a p e r bought
Loans on r e a l e s t a t e
Other l o a n s

449
97?
3,124

46
91
259

243
250
1,331

21
71
173

2
74
130

13
17
79

2
12
121

68
34
287

10
37
109

I
101

16
14
ill

3
23
115

20
344
308

U. S. Government d i r e c 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 guaranteed by U.S.Govt.
Other s e c u r i t i e s

7,235
612
2,819

379
10
153

3,353
293
1,214

290
50
264

598
23
187

135
9
59

103
10
47

943
101
257

190
28
97

240
17
115

172
21
4i

680
45
331

Reserve w i t h F . 3 . banks
Cash i n v a u l t

3,401
267

246
69

1,715
57

147
13

149
19

50
11

28
6

%

io4
8

104
11

85
8

173
15

13,916
4,429
1,293

938
318
89

7,2l6
1,034
7 48

716
317
74

695
438
53

240
137
10

191
128
34

1,765
524
65

390
164
27

259
128
6

25

305
125
61

730
953
101

1,770
4,259

111
208

148
1,930

171
24s

124
188

88
103

85
83

245
563

102
181

96
117

233
281

155
142

212
215

.Loans ana jliiv go viLGXi uo — w wax

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 from F . R. banks




1

—*

—

—'—

——

152
54

w

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