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STATEMENT FOR THE PRESS B-804 For immediate release Federal Reserve Board July 15, 1935 CONDITION OF WEEKLY REPORTING MEMBER BANES IN LEADING CITIES The Federal Reserve Board's condition statement of weekly reporting member "banks in 91 leading c i t i e s on July 10 shows decreases f o r the week of $94,000,000 in total loans and investments and $35*000,000 in Government deposits, aad increases of $66,000,000 in net demand deposits, $11,000,000 in time deposits and $160,000,000 in reserve "balances with Federal Reserve "banks. Loans on securities to brokers and dealers in New York declined $60,000,000 at reporting member "banks in the New York d i s t r i c t and $61,000,000 at a l l reporting member "banks; loans to "brokers and dealers outside New York declined $6,0OCs0'J0 in the New York d i s t r i c t and $8,000,000 at a l l reporting member banks; and loan.:, on securities to others declined $11,000,000, Holdings of acceptances and commercial paper bought in open market declined $6,000,000; real estate loans showed l i t t l e change for the wotik; and "Other loans" declined $9,000,000 in the New York d i s t r i c t and at a l l reporting member banks. Holdings of United States Government direct obligations declined $61,000,000 in the New York d i s t r i c t , $10,000,000 in the San Francisco d i s t r i c t and $60,000.000 at a l l reporting member banks, and increased $11,000,000 in the Chicago d i s t r i c t and $5,000,000 in the St. Louis d i s t r i c t . Holdings of obligations f u l l y guaranteed by the United States Government increased $5,000,000. Holdings of other securities increased $47,000,000 in the New York d i s t r i c t and $55,000,000 at a l l reporting member banks. Licensed member banks formerly included in the condition statement of member banks in 101 leading c i t i e s , but not now included in the weekly statement, had total loans and investments of $1,280,000,000 and net demand, time and Government deposits of $1,480,000,000 on July 10, compared with $1,284,000,000 and $1,479,000,000, respectively, on July 3. A summary of the principal a s s e t s and l i a b i l i t i e s of the reporting member banks, in 91 leading c i t i e s , that are now included in the statomont, together with changes for the week and the yoar ended July 10, 1935, follows; (In millions of dollars) July 10.1935 Loans and investments - total 18.414 Increase or decrease since July 3,1935 ?uly l j , 193% .r 94 Loons on securities - total To brokers and dealers: In New York Outside New York To others 3,019. mm 860 168 1,991 ~ Acceptances and commercial paper bought Loans on real estate Other loans 301 958 3,176 U. S. Government direct obligations Obligations f u l l y guaranteed by U.S.Govt, Other securities 7,219 851 2,890 Reserve with F. R, banks Cash in vault 3,842 306 Not demand deposits Time deposits Government deposits Duo from banks Due to banks Borrowings from F.R, banks 15,580 4,396 337 1,873 4,531 1 - — * * + + m + 80 61 8 11 534 - 6) 1) 9) 60 5) 55) 663 120 11 403 18 + 543 0£ 7id0 160 11 + + 927 60 66 11 35 + 2,939 116 1,016 13 33 + 207 661 4 Federal Reserve Board July 11, 1935* For immediate release CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (In millions of dollars) July 10 1979 July 3 1935 July 11 _12iL_ Loans and investments - t o t a l 7,612 7,715 7,288 Loans on s e c u r i t i e s - t o t a l To brokers and dealers: In New York Outside New York To others 1,628 1.700 1,752 823 6o 745 886 66 748 833 Acceptances and commercial paper bought Loans on r e a l estate Other loans 144 124 1,191 149) 125) 1,199) 1,499 U. S. Government direct obligations Obligations f u l l y guaranteed by U s S.Govt. Other s e c u r i t i e s 3,187 319 1,019 3,245 320) 980) 2,934 1,103 Reserve with F, R. bank Cash in vault 1,906 45 1,689 48 1,295 39 Net demand deposits Time deposits Government deposits 7,622 569 182 7,503 569 201 6,144 697 733 Due from banks Due to banks 109 1,951 112 1,970 88 1,656 NEW YORK Borrowings from F. R, bank slit — CHICAGO Loans and investments - t o t a l 1,639 1.624 1.444 279 Loans on s e c u r i t i e s - t o t a l To brokers and dealers: In New York Outside New York To others 196 200 1 28 167 1 iS Acceptances and commercial paper bought Loans on real estate Other loans 18 16 244 246) U . S . Government direct obligations Obligations f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 830 81 254 811 80) 252) 575 306 Reserve with F. R. bank Cash in vault 603 37 648 37 492 37 Net demand deposits Time deposits Government deposits $ 11 216 284 1,380 10 11 Due from banks Due to banks 209 520 215 521 165 421 Borrowings from F. R, bank —- %- W W For immediate release PRINCIPAL ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES, BY DISTRICTS, ON JULY 10, 1935 B-804b (In millions of dollars) Total Boston Federal Phila- Cleve- Rich- New delphia York land mond Reserve Atlanta Chicago St. Louis District Minn- Kansas eapolis City Dallas San Francisco Loans and investments - total 18,414 1,153 8,469 1.083 1,218 349 330 2,042 531 345 588 405 1,901 Loans on securities — total To "brokers and dealersi In New York Outside New York To others 3.019 190 1.808 179 162 49 42 230 55 33 47 42 182 860 168 1.991 7 28 155 838 b2 908 13 11 155 5 157 1 48 3 39 1 30 199 ~4 51 2 31 43 2 4o 17 165 Acceptances and commercial paper bought Loans on real estate Other loans 301 958 3.176 37 89 274 146 241 1,329 24 70 180 2 73 151 ll 3 12 114 316 8 37 95 6 6 101 20 13 112 2 25 107 18 345 322 U . S . Govt, direct obligations Obligations f u l l y guaranteed by U.S.Govt. Other securities 7,219 851 2,890 369 16 178 3.386 355 1,204 279 i 57 89 19 51 1,042 92 303 203 4i 92 138 17 W 45 120 150 2$ 615 26 189 42 598 102 334 Reserve with F. R. banks Cash in vault 3.842 306 235 91 1,978 58 143 15 163 22 64 12 44 7 654 47 105 10 88 5 115 12 76 9 177 18 15.580 4,396 337 1,022 310 22 8,107 974 192 819 281 20 775 468 14 250 217 134 10 1,988 333 802 955 30 115 231 195 2,020 152 259 123 200 102 113 93 104 309 637 296 123 3 104 123 550 157 7 1.873 4,531 421 169 7 113 191 230 29s 134 136 203 219 — —• —- — —— — — —•— —— Net demand deposits Time deposits Government deposits Due from banks Due to banks Borrowings from F. R. banks 1 —— 1 75 n 28 % 1 2
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