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STATEMENT FOR THE PRESS B-40S F e d e r a l Reserve Board J u l y 13. 1931. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The Federal 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 l e a d i n g c i t i e s on J u l y 8 shows a decrease f o r the week of $55,000,000 i n l o a n s , o f f s e t "by an i n c r e a s e of $56,000,000 i n i n v e s t m e n t s , a l s o d e c r e a s e s of $84,000,000 i n net demand d e p o s i t s and $38,000,000 i n Government d e p o s i t s and an i n c r e a s e of $18,000,000 i n borrowings f r o m Federal r e s e r v e "banks. Time d e p o s i t s show l i t t l e change f o r t h e week. Loans on s e c u r i t i e s d e c l i n e d $$8,000,000 a t r e p o r t i n g hanks i n the New York d i s t r i c t , $8,000,000 in the Boston d i s t r i c t and $78,000,000 a t a l l r e p o r t i n g "banks. "All o t h e r " l o a n s i n c r e a s e d $15,000,000 i n t h e Boston d i s t r i c t , $8,000,000 each i n t h e New York and Chicago d i s t r i c t s , and $23,000,000 a t a l l r e p o r t i n g banks. Holdings of U. S. Government s e c u r i t i e s i n c r e a s e d $14,000,000 in t h e San^ Francisco d i s t r i c t , and d e c l i n e d $6,000,000 each i n t h e Boston and P h i l a d e l p h i a d i s t r i c t s , a l l r e p o r t i n g "banks showing a net r e d u c t i o n of $5,000,000. Holdings of other s e c u r i t i e s i n c r e a s e d $62,000,000 i n the Chicago d i s t r i c t , $12,000,000 i n the Richmond d i s t r i c t and $61,000,000 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 r e s e r v e banks a g g r e gated $40,000,000 on J u l y 8, the p r i n c i p a l change f o r t h e week b e i n g an i n c r e a s e of $19,000,000 a t the Federal Reserve Bank of San F r a n c i s c o . 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 with changes d u r i n g t h e week and t h e y e a r ending J u l y 8, 1931, follows: ( I n m i l l i o n s of d o l l a r s ) J u l y J . 1931 I n c r e a s e or d e c r e a s e s i n c e J u l y 1.1931 J u l y 9. 1930 22,487 + Loans - t o t a l 14,636 - 55 -2,233 6,66s 7,96s - 78 + 23 -1,691 - 541 7,851 + 56 +1,733 4,124 3,727 - 5 + 61 +1,263 + 470 1,854 232 + 46 - 1 + + 13,604 7,176 271 - 84 + 4 - 33 + 17 + 150 124 1,702 3,719 - 17 - 61 + + 218 327 4o + 18 - 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 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 Dae from banks Due to banks Borrowings from F. R. Banks 1 500 Loans and investments - t o t a l - 64 2 27 For immediate r e l e a s e F e d e r a l Reserve Board J u l y 9, 1931 CCHDITIOH OF WEEKLY REPORTING- MEMBER BAMS I!>T CENTRAL RESERVE CITIES " ( I n m i l l i o n s of d o l l a r s ) NEW YORK July g 1931 July 1 1931 July 9 1930 Loans and i n v e s t m e n t s - t o t a l 7.789 7.C44 Loans - t o t a l <5,146 5,191 im 3lL 2,803 2,343 2,862 2,329 3,498 2,418 -2,643 2,653 2,063 1,603 l,o4o 1,607 1,046 1,088 975 849 44 825 44 766 48 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 5,786 1,182 95 5,863 1,189 108 5,480 1,435 49 Due from "banks Due to banks 96 1,321 l,4o6 135 110 1,103 - - 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 Reserve with F . R. Bank Cash i n v a u l t Borrowings from 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 1,090 194 171 1,129 181 169 1,563 760 880 1,455 1,479 3,203 1,072 383 1,098 381 2,579 624 CHICAGO Loans and investments - t o t a l 1,907 1,829 2.004 Loans - t o t a l 1,276 1,256 1,579 727 549 718 538 948 630 631 573 425 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 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 from F . R, B a nk 335 296 339 234 180 246 186 20 175 21 198 16 1,256 535 22 1,170 539 25 1,301 639 7 178 359 !97 354 374 l 1 1 (B-4o8a) B-^OSb For immediate r e l e a s e PRINCIPAL RESOURCES MD LIABILITIES OF WEEKLY REPORTING MEMBER BAMS IN EACH FEDERAL RESERVE DISTRICT ON JULY 8, 1931 Total T.rxr»no orirl n n t T A ofr.TrtP.rt "hG-mt.nt.A.l Loans - t o t a l On s e c u r i t i e s All other 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 Reserve w i t h 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 Dae from "banks Dae t o "banks Borrowings f r o m F. R. Bank ( I n m i l l i o n s of d o l l a r s ) Reserve Federal St. ClevePhilaRichmond A t l a n t a Chicago New York d e l p h i a Louis land Boston District Minn- Kansas e a p o l i s City Dallas San Francisco 1.456 8.999 1.353 2.228 637 563 3.218 636 372 636 434 1,955 14.636 qq4 5.929 812 1.375 410 382 2.221 409 ... .23*f 365 298 1.207 6,66s 7,96s 376 618 3,162 2,767 421 391 639 736 156 254 114 268 1,057 1,164 167 242 61 173 100 265 93 205 322 885 7.851 1*62 3.070 541 853 227 181 997 227 138 271 136 748 4,124 3,727 19s 264 1,767 1,303 219 322 472 381 101 126 91 90 542 455 81 146 67 71 119 152 77 59 390 358 1,854 232 98 15 907 58 92 13 146 29 4i 14 38 9 267 44 44 7 26 6 53 12 33 6 109 19 863 517 17 6,368 1,711 101 775 403 25 1,087 1,018 328 270 16 304 232 18 1,353 1,234 31 365 238 5 216 151 1 44s 204 3 270 145 11 727 1,053 18 1,702 3,719 124 160 170 l,4i4 156 266 145 365 u l 85 106 321 516 79 122 76 88 164 217 94 101 195 24s 4o 1 8 2 5 PP . U&7 13,604 7,176 271 ' 25 2 - 1 - - 1 - 20
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