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STATEMENT FOR THE PRESS Jor immediate r e l e a s e B~804 Federal Reserve Board June 12, 1933 CONDITIO*! OF WEEKLY BEPCRTIMG- MEMBER BANKS III 90 LEADING CITIES The Federal Reserve Board's condition statement of weekly reporting member "banks i n 90 leading c i t i e s on June J shows increases f o r the week of $59,000,000 in loans and investments, §65,000,000 in net demand deposits and $12,000,000 in reserve "balances with Federal reserve "banks, and decreases of $7,000,000 in time deposits, $37,000,000 in Government deposits and $16,000,000 i n "borrowings from Federal reserve "banks. Loans on s e c u r i t i e s increased $42,000,000 at reporting member banks in the New York d i s t r i c t and $29,000,000 a t a l l reporting banks. "All other" loans declined $12,000,000 in the New York d i s t r i c t and $3,000,000 a t a l l reporting "banks, and i n creased $7,000,000 i n the Boston d i s t r i c t and $5,000,000 in the Chicago d i s t r i c t . Holdings of United States Government s e c u r i t i e s increased $38,000,000 in the St. Louis d i s t r i c t , $15,000,000 in the New York d i s t r i c t and $65,000,000 at a l l r e porting member banks. Holdings of other s e c u r i t i e s declined $17,000,000 in the St* Louis d i s t r i c t , $10,000,000 in the New York d i s t r i c t and $32,000,000 a t a l l r e porting banks. Borrowings of weekly reporting member banks from Federal reserve banks aggregated $60,000,000 on June 7» the p r i n c i p a l change of the week being a decrease of $6,000,000 a t the Federal Reserve Bank of Atlanta. 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 $726,000,000 and net demand, time and Government deposits of $678,000,000 on June 7, compared with $721,000,000 and $677,000,000, respectively, on May 31. A summary of the p r i n c i p a l a s s e t s and l i a b i l i t i e s of the reporting member banks, in 90 leading c i t i e s , that are included i n the statement, together with changes f o r the week and the year ended June J , 1933, follows: (In millions of d o l l a r s ) June 7, 1933 Loans and investments - t o t a l Loans - t o t a l On s e c u r i t i e s All other Investments - t o t a l U. S. Government s e c u r i t i e s Other s e c u r i t i e s Reserves 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 Increase or decrease since May 31,1933 June s , ; 16,485 + 59 - 8,511 + 26 - 1 .35? 3,742 4,769 + 29 - 3 7,974 + 33 5,013 + 65 - 32 + 1,636 194 + 12 - 11 H- 114 + 14 10,983 + 65 + 730 2,961 4,275 181 105 484 - 869 +1,,2lj8 +1,,194 54 - 7 - 37 + 1,451 2,969 +118 +157 + 60 - 16 — 285 79 338 418 90 Federal Reserve Board. June g, 1933, Tor, 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 ) June 7 1933 May 31 1933 June 8 1932 Loans and investments - t o t a l 6,970 6,933 6,430 Loans - t o t a l 3,459 3.427, 3.703 1,777 1,682 1,733 1,694 1,737 1,966 3,511 3,506 2,727 1,068 2,443 2,429 1.077 1,789 933 856 868 38 44 741 4l Net demand deposits Time deposits Government deposits 5,758 5,749 87 688 105 4,967 759 4o Due from "banks Due to banks 85 1.398 77 1,356 66 1,082 NEW YORK On s e c u r i t i e s All other Investments - t o t a l U.S. Government s e c u r i t i e s Other s e c u r i t i e s Reserves with F, R, Bank Cash in vault 687 Borrowings from F. R. Bank — Loans on s e c u r i t i e s to brokers and dealers: For own account For account of out-of-town banks For account of others Total On demand On time 675 17 7 699 539 - - 611 17 7 635 481 335 31 7 373 271 154 102 1.197 1,180 1,346 64o 636 896 334 306 334 302 513 383 557 544 450 350 337 207 265 I85 Reserves with F. R. Bank Cash in vault 200 187 36 221 16 Net demand deposits Time deposits Government deposits 903 356 879 7 360 8 905 384 Due from banks Due to banks 219 274 222 255 Borrowings from F . R. Bank — -- CHICAGO Loans and investments - t o t a l Loans - t o t a l On s e c u r i t i e s All other Investments - t o t a l U. S. Government s e c u r i t i e s Other s e c u r i t i e s 160 207 32 8 144 273 4 (B-804a) For immediate r e l e a s e PRINCIPAL RESOURCES AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS BT 90 LEADING CITIES, BY DISTRICTS Oil JUHE 7, 1933 B-804b (In millions of d o l l a r s ) District Total Loans and investments-total lb,485 4,002 Loans - t o t a l 2,002 On s e c u r i t i e s All other 2,000 Investments - t o t a l U.S. Gov't, s e c u r i t i e s Other s e c u r i t i e s ' Reserves with P. R. Bank Cash in v a u l t Het demand deposits Time deposits Government deposits Dae from hanks Due to hanks Borrowings from F. R. Bank Philadelphia Boston 10,933 4,275 181 Cleveland Richmond Atlanta Chicago St. Louis Minneapolis
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