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For immediate release B-804 Federal Reserve Board June 10, 1935. STATEMENT FOR THE PRESS CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The Federal Reserve Board's condition statement of weekly reporting member banks in 91 leading cities on June 5 shows decreases for the week of $57,000,000 in total loans and investments and $73*000,000 in time deposits, and increases of $38,000,000 in net demand depositsand $70,000,000 in reserve balances with Federal Reserve banks. Loans on securities to brokers and dealers in New York declined $50,000,000 at reporting member "banks in New York and $53,000,000 at all reporting member banks; loans to brokers and dealers outside New York declined $6,000,000 in the Chicago district and $8,000,000 at all reporting member banks; and loans on securities to others declined $1,000,000, Holdings of acceptances and commercial paper bought in open market declined $5,000,000 in the New York district and $7,000,000 at all reporting member banks; real estate loans showed little change for the week; and "other loans" declined $55,000,000 in the New York district and $49,000,000 at all reporting member banks. Holdings of United States Government direct obligations increased $58,000,000 in. the New York district, $^0,000,000 in the Chicago district, $10,000,000 in the Cleveland district, and $82,000,000 at all reporting member banks, and declined $12,000,000 in the San Francisco district. Following the flotation of fully guaranteed obligations of the Home Owners Loan Corporation in exchange for those guaranteed as to interest only, holdings of obligations fully guaranteed by the United States Government increased $99,000,000 at all reporting member banks and holdings of "other securities", which include obligations guaranteed by the United States Government as to interest only, declined $121,000,000. Licensed member banks formerly included in the condition statement of member banks in 101 leading cities, but not now Included in the weekly statement, had total loans and investments of $1,308,000,000 and net demand, time and Government deposits of $1,511,000,000 on June 6, compared with $1,279*000,000 and $1,514,000,000, respectively, on May 29. A summary of the principal assets and liabilities of the reporting member banks, in 91 leading cities, that are now included in the statement, together with changes for the week and the year ended June 5» 1935• (In millions of dollars) June 5.1935 Increase or decrease since May 29.1915 June 6. 1914 18.4l4 =51 Loans on securities - total To brokers and dealers: In New York Outside New York To others 2,992 -62 811 162 -53 2,019 -1 -100 -12 -U53 Acceptances and commercial paper bought Loans on real estate Other loans 352 961 3,190 :i) 49) -37 U. S, Government direct obligations Obligations fully guaranteed by U.S.Govt. Other securities 7,293 +82 Loans and investments - total Reserve with F. R, banks Cash in vault Net demand deposits Time deposits Government deposits Due from banks Due to banks Borrowings from F. R. banks 803 2,823 -8 +99) +1.017 +1,017 -121) +602 3,732 280 +70 —8 +924 +37 15.O4I 4,424 732 +38 -73 +7 +2,542 -15 -223 1.777 4,394 -15 +87 +197 +661 -1 -5 For immediate release Federal Reserve Board. June 6, 1935 CONDITIO# OF WEEKLY REPORTING MEMBER BARKS IN CENTRAL RESERVE CITIES (In millions of dollars) June 5 is# May 2$ i9y? June 6 19^ NEW YORK Loans and investments - total 7,631 7,690 7.141 Loans on securities - total To brokers and dealers: In New York Outside New York To others 1,583 1,639 1,727 775 58 750 828 58 753 Acceptances and commercial paper bought Loans on real est&tfe Othei* loans • 178 128 1,185 Uj §* Government direct obligations Obligatibtia, fully gtiarantbfed by tt*SiGovt» Other seduritled 3,285 299 970 ReserVe with F* fii bank Cash iti vault 1,840 43 Net dfeoatid deposit! Tlmie deposits ., , • Government depoiitii Sue from banks Due to banks 7 54 902 183) 127) 1,244) 1,550 2,791 3, 247) 1,025) 1*073 i,ao6 49 1,304 39 7,429 564 389 383 6,150 679 539 71 1*896 71 1*883 . 87 1,642 Borrowings from F. R, bank — CHICAGO i,5lU 1,49? 1,45,1 Loans on securities - total To brokers and dealers: In New York Outside New York To others 138 206 282 2 25 171 2 31 173 4l 222 Acceptances and commercial paper bought Loans on real estate Other loans 23 16 241 234) U. S. Government direct obligations Obligations fully guaranteed by U.S.Govt* Other securities 713 79 244 684 79) 250) 562 Reserve with F, R. Bank Cash in vault 651 34 645 35 413 4l 25 25 1,339 348 26 212 504 243 495 17s 403 Loans and investments - total Net demand deposits Time deposits Government deposits Due from banks Due to banks Hi 314 295 Borrowings from F. R. bank (B~804a) For immediate release B-S04b PRINCIPAL ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, 31 DISTRICTS, Oil JUNE 5. 1935 (In millions of dollars) Federal Cleve- EichPhilaTotal Loans and investments - total Boston 18.4l4 1.218 241 i 27 204 4 54 1 32 2 12 130 33 31 313 9 37 106 % 96 20 48 919 93 294 29 6 8.491 1.082 193 1,762 I87 15 13 159 7 157 1 48 7 16 78 811 162 2,019 156 786 60 916 Acceptances and commercial paper "bought Loans on real estate Other loans 352 961 3,190 4l 89 275 180 245 1.327 25 71 171 5 73 150 U.S.Government direct obligations Obligations fully guaranteed by U.S.Govt. Other securities 7,293 803 2.823 291 69 268 613 28 133 3,483 343 1,151 185 56 Reserve with F. R. banks Cash in vault 3,732 280 237 79 1,909 56 i4o 13 162 20 61 11 15,041 4,424 732 994 311 51 7,879 978 4il 786 291 45 768 454 32 245 i4o 7 1.777 4.39% ll4 214 154 1,963 168 259 127 95 105 Due from banks Due to banks Borrowings from F. R. banks 205 Louis eapolis 554 1.167 P.QQP Net demand deposits Time deposits Government deposits Atlanta Chicago aond delphia *-4.-1 Loans on securi vj.es- «.u To brokers and dealers: In Hew York Outside New York To others 1 District Minn- Reserve l 43 1 41 12 165 6 6 99 23 13 111 2 25 110 19 343 320 215 37 92 166 45 247 35 124 8 626 37 336 699 45 77 9 76 5 111 11 67 9 164 16 134 22 1,853 589 36 409 168 15 275 122 3 533 158 15 322 123 33 762 956 62 72 85 308 620 87 182 no 125 208 294 132 135 202 207