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STATEMENT FOB THE PRESS For immediate release B-804 Federal Reserve Board July 8, 1935. CONDITION OF WEEKLY REPORTING MEMBER BANKS 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 3 shows decreases f o r the week of $160,000,000 in t o t a l loans and investments, $42,000,000 in time deposits, $302,000,000 in Government deposits and $193,000,000 reserve balances with Federal Reserve banks, and an increase of $91*000,000 in net demand deposits. Loans on s e c u r i t i e s to brokers and dealers in New York increased $39*000,000 a t reporting member banks in the New York d i s t r i c t and $38,000,000 a t a l l reporting member banks; loans to brokers and dealers outside New York increased $10,000,000; and loans on s e c u r i t i e s to others declined $10,000,000, Holdings of acceptances and commercial paper bought i n open market declined $10,000,000; r e a l e s t a t e loans declined $4,000,000; and other loans declined $10,000,000 i n the Atlanta d i s t r i c t s , $8,000,000 each in the New York and Chicago d i s t r i c t s and $25»000,000 a t a l l r e p o r t ing member banks. Holdings of United States Government d i r e c t obligations increased $§5,000,000 in the Chicago d i s t r i c t and decljntid . in a l l other d i s t r i c t s , the net decrease a t a l l reporting member banks being $128,000,000, Holdings of obligations f u l l y guaranteed by the United States Government declined $6,000,000 in the Chicago d i s t r i c t and increased $5,000,000 a t a l l reporting member banks. Holdings of other s e c u r i t i e s declined $18,000,000 in the New York d i s t r i c t , $16,000,000 in the San Francisco d i s t r i c t and $36,000,000 a t 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 t o t a l loans and investments of $1,284,000,000 and net demand, time and Government deposits of $1,479*000,000 on July 3* compared with $1,298,000,000 and $1,493,000,000, respectively, on June 26, A summary of the p r i n c i p a l assets 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 , t h a t are now included in the statement, together with changes f o r the week and the year ended July 3, 1935» follows: (In millions of h i l a r s ) July 3. 1935 Increase or decrease since Juno 26.1935 July 3. 1934 18.508 * -160 +747 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 3,099 _±28 -457 921 176 2,002 +38 —6l -9 -387 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans 307 957 3,185 -10) -4) *-25) -33 U. S. Government d i r e c t obligations Obligations f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 7*279 846 2,835 -128 +607 Reserve with F. R. banks Cash in vault 3,682 295 -193 -7 +899 +61 15»51^ 4,385 372 % -302 1,886 4,564 •+44 +166 +250 +780 1 +1 -9 Loans and investments - t o t a l Net demand deposits Time deposits Government deposits Due from banks Due to banks Borrowings from F.R, banks +10 -10 +5) -36) +2,963 -110 -982 •June 26 f i g u r e s revised, (New York d i s t r i c t ) Federal Reserve Board July 5» 1935* v- For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES (In millions of d o l l a r s ) July 3 June 26 1935 July 3 1934 Loans and investments - t o t a l 7.712 *7.77*5' jTm 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 New York To others 1,700 1,655 ,ji74a„ 886 66 74s 844 60 751 841 55 S53 Acceptances and commercial paper "bought Loans on r e a l e s t a t e Other loans 1U9 125 1,199 *i,2or) in 1,527 V. S. Government d i r e c t obligations Obligations f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 3,245 320 980 ' ' S . 994) 2,928 1,099 Reserve with F . R. bank Cash i n vault 1,689 48 S 1,234 38 Net demand deposits Time deposits Government deposits 7,503 569 201 7,578 550 361 6,115 691 733 Dae from banks Due to banks 112 1,970 10? 1,914 96 1,603 1,624 1,589 1,442 200 196 282 NEW YORK Borrowings from F . R. bank l,g — 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 brokers and d e a l e r s : In New York Outside New York To others !] Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans 246 1 26 169 20) 16) 244) U. S. Government d i r e c t obligations Obligations f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 811 80 252 777x 80) 256) 572 307 Reserve with F . R. bank Cash.in vault 648 37 703 36 448 40 XSl l 1,672 4j0 22 215 521 227 503 Net demand deposits Time deposits Government deposits Due from banks Due to banks 1 168 ll 216 281 x *lii 47 168 398 Borrowings from F . R. bank l 1 •Revised. (B-804a) For immediate release PRINCIPAL ASSETS AH) LIABILITIES OF WEEKLY EEEQRTIHG- MEMBER BANKS HT LEADING- CITIES, BY DISTRICTS, ON JULY 3, 1935 B-804b (In m i l l i o n s of d o l l a r s ) Total Boston Hew York Federal P h i l a - Clever- Richdelphia land mond Reserve Atlanta Chicago St. Louis District Minn- Kansas eapolis City Dallas San Francis# 15,508 1,151 8*468 1.085 1.219 343 331 2.035 527 345 589 405 1,905 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 ITew York Outside Hew York To others 3.099 191 1,877 182 164 49 43 234 57 , 32 47 4l 182 921 176 2,002 8 28 155 898 68 911 13 11 158 "" 6 158 1 48 4o 1 33 200 5 52 1 31 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans 307 957 3,185 38 88 272 151 241 1,338 24 71 179 2 72 151 J76 3 12 113 28 31 318 8 37 95 6 V. S. Govt, d i r e c t obligations Obligations f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s 7 3,447 357 1,157 281 $ 616 25 189 120 24 56 89 20 51 1,031 92 301 198 4l 91 137 2,835 368 16 178 45 Reserve with F . R. Banks Cash i n v s a l t 3,682 295 243 89 1,790 61 % 163 19 66 11 44 6 % 105 9 15,51% 1,032 310 %,385 25 372 8,014 972 212 83O 277 22 780 462 16 251 4 216 135 11 2,020 563 15 204 2,043 159 271 122 205 At 89 103 306 639 Loans and investments - t o t a l ITet demand deposits Time deposits Government deposits Dae f r o # banks Due to banks Borrowings from F . R. banks '&ll 1,886 4,564 l 117 229 mmmm 1 __ 139 1 4 1 4o lb 166 20 13 112 2 25 106 18 345 323 151 120 S 608 98 331 7 i in 10 72 9 175 17 4l6 169 8 277 122 3 542 156 8 331 123 15 805 957 33 107 191 117 123 224 295 133 132 210 217 mmmrn 6 102 mm mm- mmmm mmmm • I Mill
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