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STATEMENT FOR THE PRESS For immediate release B-SO4 Federal Reserve Board June 24, 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 cities on Juno 19 shows increases for the week of $120,000,000 in total loans and investments, rind $36,000,000 in time deposits, and decreases of $21,000,000 in net demand deposits, $53,000,000 in Government deposits and $63,000,000 in reserve balances with Federal Reserve banks. Loans on securities to urokers and dealers in New York decreased $4,000,000 at reporting member banks in New York and $5,000,000 at all reporting member banks; loans to brokers and dealers outside New York decreased $3,000,000 at all reporting member banks, and loans on securities to others decreased $5,000,000 in the New York district and $12,000,000 at all reporting member banks. Holdings of acceptances and commercial paper bought in open market declined $9,000,000 at all reporting member banks; real estate loans showed little change for the week; and "other loans" decreased $11,000,000 at all reporting member banks. Holdings of United States Government direct obligations increased $58,000,000 in the Chicago district, $39,000,000 in the New York district and declined $8,000,000 in the St. Louis district, all reporting member banks showing an increase of $94,000,000. Holdings of obligations fully guaranteed by the United States Government increased $28,000,000 in the New York district and $41,000,000 at all reporting member banks and holdings of other securities increased $11,000,000 in the New York district, $8,000,000 in the Chicago district and $25,000,000 at all reporting member banks. 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 $1,296,000,000 and net demand, time and Government deposits of $1,490,000,000 op June 19, compared with $1,298,000,000 and $1,516,000,000, respectively, on June 12. A summary of the principal assets and liabilities of the reporting member batiks, in 91 leading cities, that are now included in the statement, together with changes for the week and the year ended June 19, 1935» follows: (in millions of dollars) June iq,iqy> Loans and investments - total Increase or decrease since June 12.1915 June 20. 1934 lg.620 +120 ±352 Loans on securities - total To brokers and dealers: In New York Outside New York To others 3.020 -20 ±55JL 838 167 2,015 -5 ~3 -12 -117 *~l6 -4lS Acceptances and commercial paper bought Loans on real estate Other loans 328 960 3,219 -9) — ) -11) U . S . Government direct obligations Obligations fully guaranteed by U.S.Govt. Other securities 7,388 846 2,859 +94 +4l) +25) Reserve with F. R. banks Cash in vault 3,853 290 *63 -3 +1,029 +5^ 15,311 4,434 675 -21 +36 r53 +2,93& -58 -679 1,799 4,384 -27 -4 +225 +761 — " -6 Net demand deposits Time deposits Government deposits Due from banks Due to banks Borrowings from F. R, banks — +23 +806 +679 Federal Reserve Board June 20, 1935* For immediate release CONDITION OF WEEKLY REPORTING MEMBER BANKS UT CENTRAL RESERVE CITIES (In millions of dollars) June 19 1935 June 12 1935 June 20 .1934 , HEW YORK Loans and investments - total 7.730 7.674 7.211 Loans on securities - total To brokers and dealers: In New York Outside New York To others 1,609 1.620 1,74.1 .... 793 806 751 756 160 60 815 55 871 Acceptances and commercial paper bought Loans on real estate Other loans 127 1,208 169) 127) 1,212) U. S. Government direct obligations Obligations fully guaranteed by U.S.Govt. Other securities 3,31% 329 983 3,274 299) 973) 2,873 Reserve with F. R. bank Cash in vault 1,839 l,9£5 1,327 Net demand deposits Time deposits Government deposits 7,556 6,049 559 7,547 559 Due from banks Due to banks 71 1,893 1,888 . 43 362 Borrowings from F. R. bank — - 1,521 1,076 37 696 3 88 72 — — 733 87 1,582 — CHICAGO Loans and investments - total Loans on securities - total To brokers and dealers: In New York Outside New York To others 1.584 1,547 1,4%, 2Q1 206 ,289, 2 3° 2 33 171 .18 50 221 22) 16) 250) 296 169 21 Acceptances and commercial paper bought Loans on real estate Other loans 16 248 U, S. Government direct obligations Obligations fully guaranteed by U.S.Govt. Other securities 761 80 257 Reserve with F. R, bank Cash in vault 709 35 Net demand deposits Time deposits Government deposits Due from banks Due to banks Borrowings from F. R. bank 1 695 35 1,674 471 300 418 4i 1,312 22 25 206 509 567 % 185 514 388 — — (B-804a) For immediate release PRINCIPAL ASSETS AHD LIABILITIES OF WEEKLY REPORTING MEMBER B A M S IN LEADING CITIES, BY DISTRICTS, ON JUNE 19, 1935 B-S04b (In millions of dollars) To tal New Phila- Reserve Federal Cleve- Rich- St. Di strict Minn- Kansas York delphia Louis mond land San Dallas Atlanta Chicago Boston eapolis Francisco City 18.620 1.171 8.590 1.088 1,225 353 346 2,003 540 345 594 424 1.941 Loans on securities - total To brokers and dealers: In New York Outside New York To others 3.020 193 1,791 185 165 50 44 236 56 34 47 42 177 838 167 2,015 7 29 157 813 62 916 15 12 158 2 1 3 43 Acceptances and commercial paper bought Loans on real estate Other loans 328 960 3,219 39 89 274 162 243 1,348 25 71 176 U.S.Govt, direct obligations Obligations fully guaranteed by U.S.Govt. Other securities 7.388 846 2,859 332 15 179 3,513 He serve with P. B. banks Cash in vault 3,853 Loans and investments - total Net demand deposits Time deposits Government deposits Due from banks Due to banks Borrowings from P. B. banks 2 — 1 4i 12 1% 101 13 110 2 25 109 19 345 325 138 16 165 39 42 636 45 240 39 123 104 9 71 5 109 12 67 420 168 14 277 122 2 532 157 14 326 123 96 182 115 120 298 1 49 3 4i 32 202 4 52 3 73 150 7 16 77 3 12 126 31 31 319 9 37 104 6i4 31 189 123 24 56 93 20 48 988 91 307 206 1,165 290 68 273 226 85 1,967 55 156 14 161 57 12 29 7 7j>2 8,034 965 382 826 275 42 203 lr957 675 998 310 47 457 30 6 20 31 1,799 4,384 112 218 159 1,961 159 258 125 197 100 103 79 84 291 — — — — 290 15,311 4,434 — — 368 — 6 159 20 769 # — 620 622 - - «•— 39 89 32 6 5 22 231 9 29 96 343 154 17 730 963 58 130 133 199 211 — • —- -
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