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STATEMENT FOR THE PRESS S t . 68U9 Federal Reserve Board J anuary 5, 1931. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES The Federal Reserve Board's c o n d i t ion statement of weekly r e p o r t i n g member banks i n l e a d i n g c i t i e s on December 31 shows an i n c r e a s e f o r the week of $396,000,000 i n n e t demand d e p o s i t s , and decreases of $56,000,000 i n time dep o s i t s , $ l 6 l ,000,000 i n "borrowings from Federal reserve "banks and $29,000,000 i n loans and investments. Loans on s e c u r i t i e s , which a t a l l r e p o r t i n g "banks were $35,000,000 above the previous week's t o t a l , i n c r e a s e d $72,000,000 i n the Hew York d i s t r i c t , i?l4,000,000 i n t h e Boston 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 , and d e c l i n e d $14,000,000 i n the Cleveland d i s t r i c t . "All other 11 loans i n c r e a s e d $33,000,000 in t h e Hew York d i s t r i c t , $22,000,000 i n the Chicago d i s t r i c t and $28,000,000 a t a l l r e p o r t i n g "banks, and declined $15,000,000 i n the P h i l a d e l p h i a d i s t r i c t and $8,000,000 each i n the Richmond and A t l a n t a d i s tricts. Holdings of U. S. Government s e c u r i t i e s declined $54,000,000 in the Hew York d i s t r i c t , $29,000,000 i n the P h i l a d e l p h i a d i s t r i c t , $26,000,000 i n the Chicago d i s t r i c t , $23,000,000 in the San Francisco d i s t r i c t , $13,000,000 in the Cleveland d i s t r i c t , $11,000,000 in the A t l a n t a d i s t r i c t and $164,000,000 a t a l l r e p o r t i n g "banks. Holdings of other s e c u r i t i e s i n c r e a s e d $52,000,000 i n the New York d i s t r i c t , $10,000,000 i n t h e Chicago d i s t r i c t , $9,000,000 i n the Cleveland d i s t r i c t and $72,000,000 a t a l l r e p o r t i n g banks. Borrowings of weekly r e p o r t i n g member banks from Federal reserve banks aggregated $89,000,000 on December 31. the p r i n c i p a l decreases f o r the week being $72,000,000 a t t h e Federal Reserve Bank of Mew York, $38,000,000 a t San Francisco, $12,000,000 a t Richmond, $10,000,000 a t Cleveland and $6,000,000 each a t Boston and Chicago. 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 weekly r e p o r t i n g member banks, together with changes during the week and the year ending December 31. 1930, 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 ) Dec. 31. 1930 Increase or decrease s i n c e Dec. 24, 1930 Dec. 31.1929 Loans and investments - t o t a l 22,956 - 29 - Loans - t o t a l 16,263 + 63 -1,386 7,8l4 8,449 + + 35 28 - 6,69} - 92 +1,179 3,701 + 164 72 + 399 + 780 1,878 287 + 106 + 152 + 25 396 - 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. Banks Cash i n vault 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 Dae from banks Dae to banks Borrowings from F. R. Banks Digitized for C. FRASER 2,992 13,999 7,070 204 1,617 3,539 89 - + 31 207 490 295 119 + 2 + 283 + 122 + + 210 336 + 301 + 389 - l6l - — 56 316 Federal Reserve Board. Jazrairy 2, 1931* For immediate release C01TDITI01I OF WEEKLY REPORTING MHffiER BANKS 111 GET URAL RES3E7B CITIES (In m i l l i o n s of d o l l a r s ) Dec. 31 1930 Dec. 24 1930 Dec. 31 1929 8.152, S,O45 8,240 _5_j49 6.257 3.438 2,421 3,366 2,383 3.398 2.859 2,293 2,295 1.983 1,182 1,234 1,073 911 S6l 782 io4 21 et demand deposits Time deposits Government deposits 6,070 1,201 35 1,209 Due from banks Due to banks 132 1,317 1,090 94 118 1.163 9 70 106 1,321 235 370 1,262 294 1,167 709 1,548 3,424 YOEIC Loans and investments - total Loans - t o t a l On securities All other Investments - total U. S. Government securities Other securities Reserve with F. R. Bank Cash in vault 1,111 85 Borrowings from F. R. Bank Loans on securities to "brokers and dealers: For own account For account of out-of-town "banks For account of others Total On demand On time ..^126 1,446 480 1,061 5,832 35 363 JU920 1,408 512 7 g 6,028 1,235 17 2,981 443 CHICAGO Loans and investments - total 1,978 1,999 1,896 Loans - t o t a l l,4i4 _31,43S 1,533 789 625 835 603 652 564 _ _ 561 363 Qn securities All other Investments - total U. S. Government securities Other securities Reserve: with F. R. Bank Cash in vault IIet demand deposits Time deposits Government deposits Dae from "banks Dae to banks Borrowings from I . R. Bank 881 314 304 25s 125 238 "ii 186 17 175 18 1,273 602 25 1,275 601 25 1,224 526 207 36 s 354 150 135 314 250 1 8 37 (St. 6849•>) S t . 6g4ga For immediate r e l e a s e FRBTCIPAL RESOURCES MD LIABILITIES 0? WEEKLY REPORTING M3:iBER BASKS III EACH FEDERAL RESERVE DISTRICT 03 DECEMBER 31, 1930. ( I n m i l l i o n s of d o l l a r s ) To t a l Boston Federal ClevePhilaNew York delphia land Reserve Richmond Atlanta Chicago St. Louis District Kansas MinnCity eaoolis Dallas San Francisco Loans and investments—total 22,956 1,492 9,365 1,291 2,216 629 577 3,312 650 364 662 444 1,954 Loans — t o t a l 16,263 1,115 6,687 883 1,475 450 436 2,444 483 233 409 329 1,320 On s e c u r i t i e s A l l other 7,314 8M9 454 661 3,828 2,359 476 407 706 769 171 280 130 307 1,150 1,294 206 277 79 154 103 301 95 234 90s Investments — t o t a l 6,693 377 2,679 4os 741 179 i4o 868 167 131 115 634 2,992 3,70l l4g 228 1,298 1,381 li4 335 4o6 70 109 53 83 389 479 34 133 § 253 147 % 313 322 1,878 287 107 16 9a 99 85 19 134 32 39 15 4o 12 287 39 45 8 24 5 57 11 32 7 107 25 13,999 7,070 204 767 1,070 935 303 229 393 21 332 241 l4 269 Ij4l 4i 1,372 509 19 751 1,037 25 1,617 3,539 111 150 204 1,389 214 126 289 73 102 33 101 300 89 2 17 5 19 8 U. S. Govt, s e c u r i t i e s Other s e c u r i t i e s Reserve with P. 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 Dae to banks Borrowings from F. R. hank 896 6,663 294 3 3 * 20 12 • 1,265 32 207 106 476 412 226 148 1 190 2 147 12 73 83 87 147 204 112 97 219 263 7 1 11 1 514 116 8 1 -
@FedFRASER