View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

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