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STATEMENT FOR THE PRESS B-717 F e d e r a l Reserve Board March 21, 1932/ For immediate r e l e a s e CONDITIO!? OF WEEKLY REPORTING MEMBER BAHKS IN LEADING- CITIES The F e d e r a l Reserve B o a r d ' s c o n d i t i o n statement of weekly r e p o r t i n g member banks i n l e a d i n g c i t i e s on March l b shows i n c r e a s e s f o r the week of $331,000,000 i n i n v e s t m e n t s , of which $312,000,000 was i n Government s e c u r i t i e s , of $394,000,000 i n Government d e p o s i t s and of $22*000,000 i n net demand d e p o s i t s , and d e c r e a s e s of $48,000,000 i n l o a n s , $27,000,000 i n time d e p o s i t s and $69,000,000 i n borrowings from F e d e r a l r e s e r v e b a n k s . Loans on s e c u r i t i e s d e c l i n e d $38,000,000 a t r e p o r t i n g member banks in the New York d i s t r i c t and $13,000,000 a t a l l r e p o r t i n g banks, and i n c r e a s e d $20,000,000 i n the Chicago d i s t r i c t , "All o t h e r " loans d e c l i n e d $11,000,000 i n the Boston d i s t r i c t , $10,000,000 each in the Cleveland and Minneapolis d i s t r i c t s , $9,000,000 i n the Chicago d i s t r i c t and $35•000,000 a t a l l r e p o r t i n g b a n k s . Holdings of United S t a t e s Government s e c u r i t i e s , f o l l o w i n g the March 15 i s s u e s by the Treasury, i n c r e a s e d in a l l d i s t r i c t s , the t o t a l i n c r e a s e b e i n g $312,000,000. Holdings of o t h e r s e c u r i t i e s i n c r e a s e d $15,000,000 i n the New York d i s t r i c t and $19,000,000 a t a l l r e p o r t i n g b a n k s . Borrowings of weekly r e p o r t i n g member banks from F e d e r a l r e s e r v e banks a g g r e gated $328,000,000 on March 16, d e c r e a s e s being shown i n n e a r l y a l l d i s t r i c t s . The p r i n c i p a l d e c r e a s e s by d i s t r i c t s were: Cleveland 514,000,000, San Francisco $13,000,000, P h i l a d e l p h i a $12,000,000, Chicago $9,000,000, A t l a n t a $8,000,000 and New York $7,000,000. 'k 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 weekly r e p o r t i n g member banks, t o g e t h e r with changes d u r i n g the week and t h e year ending March l 6 , 1932, follows: ( I n m i l l i o n s of d o l l a r s ) Mar. 16, 1932 I n c r e a s e or d e c r e a s e during Mar. 9,1932 Mar. 18, 1931 Loans and investments - t o t a l 19,588 + Loans - t o t a l 12,388 - 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 i n v a u l t Net demand d e p o s i t s Time d e p o s i t s Government d e p o s i t s Due from banks Due to banks Borrowings from F. R. Banks 5,413 6,975 283 48 13 35 3,523 - - 3,130 1,952 1,178 7,200 + 331 4,016 3,184 -4- 312 19 1,452 202 + 4 9 10,992 5,687 547 + + 22 27 394 972 2,444 + •f 100 104 984 1,550 69 301 328 + - - 4- - + 393 156 549 394 3 2,790 1,562 25 F e d e r a l Reserve Board March 17, 1932. For immediate r e l e a s e CONDITION OP WEEKLY REPORTING MS! BEE 13AN.;S IF CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) 'far. l6 1932 Mar, 9 1932 Mar. IE 1931 HEW YORK Loans and investments - t o t a l 6,617 6,421 8,083 Loans - t o t a l 4,i4s 4,174 5,529 2,066 2,082 2,097 2,077 3,219 2,310 2,469 2,247 2,554 1,643 226 1,437 810 1,457 1,097 64s 35 643 4l 853 42 4,739 751 253 4,701 756 95 5,945 1,199 168 85 909 77 S36 127 1,382 On s e c u r i t i e s A l l other Investments - t o t a l U, S t G-overnnient 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 Net demand d e p o s i t s Time d e p o s i t s Government, d e p o s i t s Dae from banks Due to banks Borrowings from F . R. Ban!' - Loans on s e c u r i t i e s to b r o k e r s and d e a l e r s : For own account For account of o u t - o f - t o w n banks For account of o t h e r s Total - 464 84 4 431 125 5 561 456 105 552 445 107 1,373 294 246 1,913 1,502 4n 1.450 1,440 1,993 1,014 990 1,352 597 417 571 419 805 547 466 450 64i 254 212 239 211 344 297 Reserves with F, R. Bank Cash i n v a u l t 136 14 155 15 180 12 Net demand d e p o s i t s Time d e p o s i t s Government d e p o s i t s 947 354 25 959 3S5 l 1,215 620 4o Due from banks Due to banks 106 256 95 242 171 405 2 2 On demand On time 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 se z u r i t e s * Other s e c u r i t i e s Borrowings from F . R. Bank (B-717a) For immediate r e l e a s e PRINCIPAL RESOURCES AED LIABILITIES OF WEEKLY REPORTIFG MEMBER BASICS III EACH FEDERAL RESERVE DISTRICT ON MARCH l 6 , 1932 B-717% (In m i l l i o n s of d o l l a r s ) Total Few York Boston Philadelphia Federal RichClevemond land Reserve ^Atlanta Chicago District Minn- Kansas D a l l a s e a p o l i s City St. Louis San Francisco Loans and investments 4 t o t a l 19,588 1,272 7,704 1,158 1,974 60S 529 2,624 583 345 570 421 1,800 Loans - t o t a l 12,388 842 4,829 701 1,228 365 345 1,855 372 208 302 267 1,074 5,4-13 6,975 330 512 2,357 2,472 354 347 556 672 147 218 107 238 885 970 152 220 61 147 87 215 79 188 298 776 7.200 430 2,875 457 746 243 184 769 211 137 268 154 726 4,016 3,184 224 206 1,790 1,085 I85 272 399 347 122 121 99 85 418 351 91 120 61 76 139 129 95 59 393 333 1,452 202 S3 15 698 50 70 12 107 26 37 13 30 7 200 32 4l 6 23 5 47 12 29 7 87 17 10,992 5,687 547 699 420 1+6 5,199 1,207 265 633 264 45 837 *34 291 223 24 237 199 31 1.4o6 988 32 319 208 7 178 149 6 362 185 6 246 128 22 585 883 .29 972 2,444 86 120 116 963 63 143 69 184 54 80 55 80 173 359 4l 90 42 62 94 134 73 80 106 149 328 6 40 27 81 13 14 24 4 1 17 3 98 On s e c u r i t i e s A l l other Investments - t o t a l U. S. Govt, s e c u r i t i e s Other s e c u r i t i e s Reserve with F . R. Bank Cash i n v a u l t 17et demand d e p o s i t s Time d e p o s i t s Government d e p o s i t s Due from hanks Due to banks Borrowings from F . R. Bank
@FedFRASER