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STATEMENT FOR THE PRESS B-804 Federal Reserve Board July 22, 1935 f o r immediate release CONDITIO! OF WEEKLY REPORTING MEMBER 3/NKS III 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 17 shows increases f o r the week of $273*000,000 in holdings of United States Government s e c u r i t i e s , $75,000,000 in other loans and investments, $174,000,000 in Government deposits and $38,000,000 in net demand deposits, and decreases of $l45,000,000 in reserve balances with Federal Reserve banks and $16,000,000 in time deposits. Loans on s e c u r i t i e s to brokers and dealers in New York increased $21,000,000 at reporting member banks in the New Y0rk d i s t r i c t and at a l l reporting member banks; loans to brokers and dealers out side New York declined (XX), 000; and loans on securities to others declined $2,000,000. Holdings of acceptanccs and commercial paper bought in open market declined $6,000,000 in the New York d i s t r i c t and $4,000,000 at a l l reporting member banks; real estate loans declined $8,000,000; and "Other loans" increased $26,000,000 in the New York d i s t r i c t , $12,000,000 in the Boston d i s t r i c t and $48,000,000 at a l l reporting member banks. Holdings of United States Government direct obligations increased in a l l but one of the d i s t r i c t s , the net increase at a l l reporting member banks being $273,000,000. Holdings of obligations f u l l y guaranteed by the United States Government increased $7,000,000 in the Dallas d i s t r i c t and $18,000,000 at a l l reporting member banks. Holdings of other s e c u r i t i e s increased $6,000,000. Licensed member bonks formerly included in the condition statement of member banks in 101 loading c i t i e s , but not now included in the weekly statement, had total loans and investments of $1,291,000,000 and net demand, time and Government dep o s i t s of $1,510,000,000 on July 17, compared with $1,280,000,000 and $1,480,000,000 ? respectively, on July 10. A summary of the principal assets and l i a b i l i t i e s of the reporting member banks, in 91 loading c i t i e s , that are now included in the statement, together with changes for the week and the year ended July 17, 1935, follows: (In millions of dollars) July 17.1935 Increase or decrease since July 10.1935 July 18.1934 18.762 + 348 + 1,005 Loans on s e c u r i t i e s - t o t a l To brokers and dealers; In Bow York Outside New York To others 3,034 + 15 488 881 164 1,989 + 21 4 2 - Acceptances and commercial paper bought Loans on real e s t a t e Other loans 297 950 3,224 4) 8) 48) + 32 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 7,492 ' 869 2,896 + 805 + 656 Reserve with F. R. banks Cash in vault 3,697 292 + + 716 57 Loans and investments - t o t a l Net demand deposits Time deposits Government deposits Du.e from banks Due to banks Borrowings from F.R. banks 15,618 4,380 511 1,860 4,444 3 + + + - + «• 2 18) 6) 145 14 16 174 13 87 2 81 11 396 + 2,921 130 842 + + 175 56l 2 Federal Reserve Board July 18, 1935 For immediate release COitDITIOH OF WEEKLY REPORTING ME1.3ER 3AUKS 13 CENTRAL RESERVE CITIES (In millions of dollars) July 17 July 10 1935 July 18 1934 Loans and investments - t o t a l 7,805 7.612 7,273 Loans on s e c u r i t i e s - t o t a l To "brokers and dealers: In Hew York Outside Hew York To others 1,650 1.628 1.718 84l 59 750 823 804 57 857 138 144) 124) 1,191) # 3,187 319) 1,019) im m v YORK Acceptances and commercial paper bought Loans on real estate Other loons 123 1,219 TJ. S. Government diroct obligations Obligations f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 3,327 323 1,025 Reserve with F . R. bank Cash in vault 1,756 42 60 745 1,483 2,938 1,134 1,906 1,331 37 7,622 564 245 569 182 6,178 682 733 96 1,913 109 1,951 86 1,654 1,687 1,639 1.440 Loans on s e c u r i t i e s - t o t a l To brokers and dealers: In Hew York Outside Hew York To others 194 196 273 1 28 165 1 28 167 19 38 216 Acceptances and commercial paper bought Loans on real estate Other loons 18 15 251 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 868 81 260 830 81) 254) 300 Reserve with F . R. bank Cash in v a u l t 566 36 603 37 513 35 Hot demand deposits Time deposits Government deposits Dae from banks Due to banks ?, >5 Borrowings from F. R. bank CHICAGO Loans and investments - t o t a l Hot demand deposits Time d e p o s i t s Government deposits Dae from banks Duo to banks 18) 16) 244) 1, 289 578 1,386 $ 29 10 213 515 209 520 167 . 420 Borrowings from F. R, bank (B-804a) TPnr immediate release PRINCIPAL ASSETS AM) LIABILITIES OF WEEKLY BEPOBTBTG- MEMBER BAMS IK LEADING CITIES, BY DISTRICTS, o$r JULY 1 7 , 1 9 3 5 B-804t> (In millions of dollars) District Minn Louis leapolis Total 1,920 1,097 18,762 1,177 Loana on s e c u r i t i e s - total To "brokers and dealers: In New York Outside Hew York To others 3,034 189 1,833 U9 162 SSI 164 1,989 7 28 154 859 61 913 13 12 154 5 157 1 48 3 39 30 197 5 51 1 31 43 1 4l Acceptances and commercial paper "bought Loans on real e s t a t e Other loans 297 90 3,224 37 88 286 l4o 239 1,355 25 70 181 2 72 151 d 75 3 12 113 2g 30 321 8 37 95 6 6 103 20 13 110 2 24 107 U.S. Govt, direct obligations Obligations f u l l y guaranteed "by U.S.Govt. Other s e c u r i t i e s 7,492 869 2,896 382 17 178 3,531 360 1,209 292 75 275 628 27 188 1,085 92 309 215 4o 91 139 1 6 57 95 19 51 Reserve with F. R. "banks Cash i n vault 3,697 292 277 93 1,846 5% 160 13 169 20 60 11 ? 619 46 109 9 15,618 4,380 511 1,081 310 31 8,080 968 264 841 281 3% 784 467 25 2*5 139 6 213 134 15 1,981 563 39 428 169 14 1,860 4,444 io4 219 174 1,981 l4g 259 123 199 102 111 94 102 Loans and investments - t o t a l Uet demand deposits Time deposits Government deposits Due from "banks Due to "banks Borrowings from F. R. "banks 3 — 3 __ 3 % U 120 % 149 44 4i 102 11 70 8 284 120 3 543 156 11 332 123 19 I31 100 188 99 106 244 298 143 135 <*» *"* — — —
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