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STATEMENTTORTHE PRESS
Ptor immediate release
Board of Governors
of the Federal Reserve System
March 8, 1937
Condition of Weekly Reporting Member Banks in 101 Leading Cities
The condition statement of weekly reporting member banks in 101 leading c i t i e s
on March 3 shows increases for the week of #43,000,000 in t o t a l loans and i n v e s t ments and 056,000,000 i n time deposits, and decreases of $137,000,000 i n demand
deposits-adjusted, 0158,000,000 in deposits credited to domestic banks,
$151,000,000 i n balances with domestic banks and $120,000,000 in reserve balances
with Federal Reserve banks.
Loans to brokers and dealers in New York City increased '37,000,000, loans tor
brokers and dealers outside New York declined $4,000,000, and loans on securities
to others (except banks) increased $5,000,000.. Holdings of acceptances and commercial paper bought increased $10,000,000, loans to banks increased ('7,000,000,
and "Other loans" increased $ 2 1 , 0 0 0 , 0 0 0 in the New York d i s t r i c t , $9,000,000 in the
Chicago d i s t r i c t and $42,000,000 at a l l reporting member banks.
Holdings of United States Government direct obligations declined $14,000,000
in the Cleveland d i s t r i c t , $12,000,000 in the Chicago d i s t r i c t and $27,000,000 at
a l l reporting member banks, and increased $9,000,000 in the Boston d i s t r i c t . Holdings of obligations f u l l y guaranteed by the United States Government declined
#1,000,000. Holdings of "Other securities' 1 increased $17,000,000 in the New York
d i s t r i c t and $4,000,000 at a l l reporting member banks.
Demand deposits-adjusted declined $56,000,000 i n the New York d i s t r i c t ,
$38,000,000 in the Chicago d i s t r i c t , $35,000,000 in the San Francisco d i s t r i c t and
$137,000,000 at a l l reporting member banks, and increased $15,000,000 in the Cleveland d i s t r i c t . Time deposits increased $43,000,000 in the New York d i s t r i c t ,
$9,000,000 i n the San Francisco d i s t r i c t and $56,000,000 at a l l reporting member
banks. Government deposits declined $2,000,000, Deposits credited to domestic
banks declined i n a l l d i s t r i c t s , the principal reductions being $$0,000,000 in the
Hew York d i s t r i c t and $15,000,000 in the Chicago d i s t r i c t . Deposits credited to
foreign banks increased $6,000,000.
A summary of the principal assets and . l i a b i l i t i e s of the reporting member banks,
together with changes for the week and the year ended March 3, 1937, followst
(in millions of do]Liars)
Increase or clecrease since
Feb. 24,
Mar. 3,
Mar. 4,
1936
1937
1937
ASSETS
Loans and investments - t o t a l
+43
22,718
+1,512
Loans to brokers and dealerss
In New York City
Outside New York City
Loans on securities to others
(except banks)
1,024
239
+7
-4
+21
+44
2,017
+5
—43
Acceptances«& commercial paper bought
Loans on real estate
Loans to banks
Other loans
415
1,149
86
4,191
+10
+7
+42
+74
+1
+22
+836
U, S. Gov't diSr&qt obligations
Obligations f u l l y guaranteed by U.S.Gov't
Other securities
9,067
1,208
3,322
-27
-1'
+4
+433
+l4o
Reserve with F.R. banks
Cash in vault
Balances with domestic banks
5,171
374
2,055
-120
-24
-151
+448
+l4
—346
15,501
5,167
340
-137
+56
-2
+1,535
+256
-171
5,815
422
2
-158
+6
+2
-58
+32
-1
LIABILITIES
Demand deposits-adjusted
Tine d e p o s i t s
U. S. Government deposits
Inter-bank depositsi
Domestic banks
Foreign banks
Borrowings
—
—16
(B-804)
STATEMENT
FOR THE PRESS
Board of Governors
of the Federal Reserve System
March 47 1937
For immediate r e l e a s e
ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES
(in millions of d o l l a r s )
New York City
Chicago
1 9 3 7
19 3 6
1 9
! l 9 3 "6
Mar, 3 Feb. 24 Mar. 5 Mar. 3 ! Feb".~p4!lv,ar» 5
ASSETS
Loans and investments - t o t a l
8,691
8,633
8,296
2,117
2,119
1,950
Loans to brokers and d e a l e r s i
In New York City
Outside New York City
Loans on s e c u r i t i e s to o t h e r s
(except banks)
984
76
978
75
969
62
1
47
1
50
32
730
727
742
144
142
147
Acceptances & commercial paper bought l 4 l
Loans on real estate
128
Loans to banks
56
Other loans
1,496
137
128
50
1,476
155
135
29
1,158
15
14
5
387
17
14
5
378
14
15
5
257
U. S. Gov't obligations
Obligations f u l l y guaranteed by
U. S. Gov't
Other securities
3,466
3,466
3,451
1,132
1,147
1,139
452
1,162
451
1,145
479
1,116
96
276
95
270
90
251
Reserve with F. R. bank
Cash in vault
Balances with domestic banks
Other assets - net
2,474
49
80
491
2,648
54
82
485
2,390
49
75
471
530
29
154
66
554
31
182
67
484
35
198
77
6,453
688
135
6,515
645
134
5,950
537
131
1,552
455
36
1,586
455
36
1,399
4l4
80
2,294
385
2,385
379
2,466
360
595
5
615
4
594
4
353
1,477
369
1,475
370
1,467
20
233
25
232
31
222
L I A B I L I T I E S
Demand deposits - adjusted
Time deposits
U. S. Gov't deposits
Inter-bank deposits!
Domestic banks
Foreign banks
Borrowings
Other l i a b i l i t i e s
Capital account
ASSETS AIID LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES Oil MARCH 3, 1937
(in millions of dollars)
ASSETS
Loans and investments - t o t a l
Loans to brokers and dealers!
In New York City
Outside New York
Loans on s e c u r i t i e s to others
(except banks)
Acceptances and commercial paper bought
Loans on real estate
Loans to banks
Other loans
U. S. Gov't obligations
Obligations f u l l y guaranteed by U.S.Gov't
Other securities
toserves with F. R. bank
Cash i n vault
Balances with domestic banks
Other assets - net
Total
All
d i s t r i c t s Boston
B-804b
New
York
Federal
Phila- Cleve- Richdelphia land mond
Reserve
Atlanta Chicago
22,718
1,230
9,584
1,172
1,890
652
1,024
239
13
27
994
78
9
19
14
4
2,017
4 l5
1,149
86
4,191
9,067
1,208
3,322
l4l
71
85
5
324
398
21
145
857
163
239
56
1,654
3,690
497
1,356
136
31
63
2
186
345
87
294
215
13
179
3
240
894
54
278
70
10
26
5,171
374
2,055
1,367
271
113
128
96
2,593
64
182
574
254
16
146
90
15,501
5,167
340
1,038
279
5
5,815
422
2
860
3,578
239
7
583
3,151
St.
Louis
693
Districts
San
Minne- Kansas Dallas
Cityapolis
Franciscc
411
9
4
54
5
2
201
37
74
9
546
1,651
164
4ll
71
12
44
5
147
241
59
109
29
13
6
120
288
59
75
52
6
26
1
169
203
35
82
339
35
206
109
139
18
130
43
100
11
130
39
737
60
356
99
7,038
1,089
144
834 1,100
718
262
29
22
431
198
12
339
178
15
2,363
387
299
4
224
1
236
1
—
701
1
4
••• «
482
""
"
3
2,169
3
20
113
190
12
46
47
24
18
1
149
271
48
138
139
184
30
58
155
33
366
4
4o4
712
142
330
127
10
123
25
68
5
63
17
153
13
219
24
111
10
169
28
279
19
203
223
2,288
857
51
4l6
180
5
264
123
2
480
146
7
386
120
18
887
1,017
30
824
6
282
113
1
2
4
55
385
193
278
l4
5
78
341
326
43
2
23
LIABILITIES
Demand deposits - adjusted
Time deposits
U. S. Gov't deposits
Inter-bank depositsi
Domestic banks
Foreign banks
Borrowings
Other l i a b i l i t i e s
Capital account
—
35
235
—
365
1,611
23
227
379
1
17
342
26
90
—
7
87
26
351
•"«
9
86
—
——
2
90
•
Xz
@FedFRASER