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STATEMENT FOR THE PRESS B-804 F e d e r a l Reserve Board March 5, 1934. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BAKES 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 91 l e a d i n g c i t i e s on February 28 shows i n c r e a s e s f o r the week of $275,000,000 in r e s e r v e b a l a n c e s with Federal Reserve banks, $152,000,000 i n n e t demand d e p o s i t s , $49,000,000 in Government d e p o s i t s and $69,000,000 in i n v e s t ments, and a d e c r e a s e of $163,000,000 i n l o a n s . Loans on s e c u r i t i e s d e c l i n e d $107,000,000 a t r e p o r t i n g member banks i n the New York d i s t r i c t and $110,000,000 a t a l l r e p o r t i n g member b a n k s , "AH o t h e r " loans d e c l i n e d $43,000,000 i n the New York d i s t r i c t and $53,000,000 a t a l l r e p o r t ing banks. Holdings of United S t a t e s Government s e c u r i t i e s i n c r e a s e d $30,000,000 i n the New York d i s t r i c t , $16,000,000 i n the Boston d i s t r i c t , $6,000,000 i n the San Francisco d i s t r i c t and $50,000,000 a t a l l r e p o r t i n g member banks, and d e c l i n e d $b,000,000 i n the Chicago d i s t r i c t . 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 $22,000,000 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 . Licensed member banks f o r m e r l y included i n the c o n d i t i o n s t a t e m e n t of member banks i n 101 l e a d i n g c i t i e s , b u t not now included i n the weekly s t a t e m e n t , had t o t a l loans and i n v e s t m e n t s of $1,055,000,000 and n e t demand, time and Government d e p o s i t s of $1,088,000,000 on February 28, compared with $1,061,000,000 and $1,084,000,000, r e s p e c t i v e l y , on February 21. 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 r e p o r t i n g member banks, in 91 l e a d i n g c i t i e s , t h a t are now i n c l u d e d i n the s t a t e m e n t , t o g e t h e r with changes f o r the week and t h e year ended February 28, 1934, f o l l o w s : ( I n m i l l i o n s of d o l l a r s ) Feb. 28, 1934 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 R e s e r v e s with F, R. Banks Cash im v a u l t iTet 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 I n c r e a s e or d e c r e a s e since Feb. 21,1934 Mar. 1, 1933 17,400 =2l£ +1,500 8,185, =161 -96 3,520 4,665 -110 - 53 -207 +111 9,215, tia +1,596 6,249 2,966 + 50 + 19 +1,618 - 22 2,271 224 +275 - 6 + 753 - 127 11,398 4,370 1,467 +152 - 2 +49 +1,402 + 55 +1,389 1,412 3,187 +43 +4o + 603 +1,117 12 +1 . -402 F e d e r a l Reserve Board March 1, 193I+4 \ COHDITIOF OF T3EKLY REPORTING MEMBER BjfflXS IH CENTRAL RESERVE CITIES ( i n m i l l i o n s of d o l l a r s ) For immediate r e l e a s e Feb. 28 Feb. 21 _i2Jl_ Mar. 1 1933 Loans and i n v e s t m e n t s - t o t a l 7,006 7,096 6,512 Loans - t o t a l 3,331 3,476 3.079 1,669 1,662 1,769 1,707 l,b4o 1,439 3,675 3,620 3,433 2,585 1,090 2,553 1,067 2,338 1,095 Reserves with F . R. Bank Cash i n v a u l t 1,091 39 850 42 683 92 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 5,491 682 761 5,368 68 6 717 4,983 776 34 Dae from banks Due to banks S3 1,334 76 1,320 62 898 FEW YORK On s e c u r i t i e s All o t h e r Investments - t o t a l TJ. S. Government s e c u r i t i e s Other s e c u r i t i e s Borrowings from F . R. Bank ~ 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 On demand On time — — 183 69 s 150 10 S5S 790 152 s 950 398 9 11 418 583 275 674 276 243 175 1,397 i,4o4 1,006 570 571 618 277 293 27s 293 346 27S 827 833 388 547 280 553 280 I89 199 % 306 4i 226 64 1,155 359 69 1,138 357 69 809 286 4 173 325 165 320 97 16s CHICAGO Loans and i n v e s t m e n t s - t o t a l Loans - t o t a l On s e c u r i t i e s All o t h e r 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 Dae from banks Due to banks Borrowings from F . R. Bank —— (B-804a) For immediate r e l e a s e B-804b PRINCIPAL ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, BY DISTRICTS, ON FEBRUARY 28, 1934 ( i n m i l l i o n s of d o l l a r s ) New Total Loans and i n v e s t m e n t s - 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. Govt, s e c u r i t i e s Other s e c u r i t i e s Reserves w i t h F . R» bank 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 Ecdvr;3,1. . . P h i la- I Cleve- j R i c b 1 j i !d e l v h i s ' land Il mor.d Boston York 17,400 1,219 7,936 8,185 658 3,849 3,520 4,665 251 407 9,215 1 = 047 Reserve St. ji Atlanta) |Chicago 1i 1 Louis ilearsolis 330 551 430 1,767 188 735 222 165 196 181 882 59 ill 63 125 335 4oo 88 134 44 121 61 135 60 129 217 665 712 135 i 1,010 302 165 355 241 885 303 243 517 195 137 48 120 46 685 325 203 99 110 55 248 107 190 51 566 319 1,134 49 93 12 120 16 34 10 28 6 36s 51 66 7 29 5 73 11 71 9 104 14 779 336 129 5,899 1,081 810 62s 302 74 567 437 76 204 133 14 161 130 36 1,369 480 86 332 162 38 188 127 7 395 166 31 281 121 62 595 895 104 102 161 135 1,390 116 184 90 160 64 80 61 71 229 403 S3 135 80 85 167 224 118 138 167 156 9 1 1 354 . 501 430 170 1,826 1,963 244 257 212 218 561 4,087 546 6,249 2,966 397 164 2,773 1,314 2,271 224 146 34 11,39S 4,370 1,467 1,412 3,187 J Francisco 524 355 J City San Dallas 1,7^5 1,192 12 __ D i s t r i c t i'innKansas V 4.> — X c c . — — l
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