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STATEMENT FOE THE PRESS For immediate r e l e a s e F e d e r a l Reserve B o a r f May 21, 133b. CONDITION OF WEEKLY REPORTING- MEMBER BANKS 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 s t a t e m e n t 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 May l 6 shows i n c r e a s e s f o r the week of $69,000,000 ln n ^ ^ n d A ^ f 1 ^ d e p 0 S i t S ' $ ' ' 0 0 0 » 0 0 0 i n time d e p o s i t s , $13,000,000 i n investments, ln reserve JS'SSS* b a l a n c e s w i t h F e d e r a l Reserve banks,, and a decrease of $53,000,000 i n l o a n s . v i k°Ems on s e c u r i t i e s d e c l i n e d $52,000,000 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 , $6,000,000 i n the Chicago d i s t r i c t and $49,000,000 a t a l l r e p o r t i n g member banks, and i n c r e a s e d $9,000,000 i n the Boston d i s t r i c t . "All o t h e r " loans show a n e t d e c l i n e of $4,000 f 000 f o r the week. „ f o l d i n g s 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 $12,000,000 i n the <ew ork d i s t r i c t , $7,000,000 i n the San F r a n c i s c o d i s t r i c t and $6,000,000 i n the Cleveland, d i s t r i c t , and d e c l i n e d $11,000,000 i n the Boston d i s t r i c t , a l l r e p o r t i n g member banks showing a n e t i n c r e a s e of $5,000,000. 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 $9,000,000 i n t h e New York d i s t r i c t and $8,000,000 a t a l l r e p o r t i n g banks. , l i c e n s e d 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 f 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 investments of $1,019,000,000 and n e t demand, time and Government d e p o s i t s of $1,144,000,000 on May 16, compared with $1,004,000,000 and ?1,1^1,000,000, r e s p e c t i v e l y , on May 9 . a , 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 ~s, i n 9 l e a d i n g c i t i e s , t h a t a r e now included 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 the y e a r ended May 16, 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 ) Mar 16. 1914 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 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 I n c r e a s e or d e c r e a s e since May 9. 1914 May 17. 1911 11*28& -48/- 8.068 hSl*' 3.505 4,563 - V 9.220 6,254 -49 +942 -219 -134 -til +1.295 2,966 + 8 + 5 +1.320 - 25 2,732 235- +39 - 9 +7/ ^69+ 7 -30 +1,175 +36 •3 12,27V 4,477 999 1,593^ 3,682 +1,596 +206 +78:1 7 +271 +920 - 1 •- 8 0 •h F e d e r a l Reserve Board May 17, 1934 F o r immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES ( I n m i l l i o n s tif d o l l a r s ) May 16. 1914 May 9 1934 May 17 1933 - NEW YORK Loans and i n v e s t m e n t s - t o t a l 7,022 7,055 6,847 Loans - t o t a l 3.232 3,284 3,352 1,663 1,569 1,718 1,566 1,735 1,617 3,790 3,771 3,495 2,73S 1,052 2,727 1,0)44 2,372 1,117 1,264 37 1.257 39 8 5,969 675 561 5 = 955 c 70 575 5,558 692 105 78 1,594 78 1,593 81 1,300 771 163 777 162 S 594 17 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 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 t o banks 36 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 a c c o u n t For a c c d u n t of o u t - o f - t o w n banks For a c c o u n t of o t h e r s Total On demand On time 6lS 6,-1 271 677 270 472 146 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 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 w i t h 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 1A12_ 1.146 5 -»5 598 281 312 239 309 335 302 S'<7 84I R09 547 290 551 230 312 197 405 4o 337 41 184 42 1,294 365 28 1,280 365 30 860 350 8 I87 401 172 391 221 254 . 637 Borrowings f r o m F . R. Bank (B-g04a) For immediate r e l e a s e B-g04b PRINCIPAL ASSETS AM) LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, BY DISTRICTS, ON MAY l 6 , 1934 ( i n m i l l i o n s of d o l l a r s ) To t a l 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 t a n k s Due to "banks Borrowings f r o : ' 7 . R. "banks Boston Federal P h i l a - Cleve- Hew York delphia Richmond land Reserve A t l a n t a Chicago St. Louis District MinnKansas eapolis City San Dallas Francisco 17,288 1,145 7,938 1,028 1,174 340 329 1,799 493 333 545 387 1,777 s,o6s 670 3,747 502 423 170 17s 751 204 156 201 187 874 3,505 4,563 264 406 1,887 1,860 234 26S 204 224 59 111 62 lib 337 414 72 132 4o lib 62 139 61 126 223 651 9,220 475 4,191 526 746 170 151 1,048 289 177 344 200 903 6,254 2,966 306 169 2,913 1,278 284 242 552 194 118 99 52 712 336 H 122 234 110 149 51 572 331 2,732 235 230 1,313 48 142 12 117 18 51 26 6 442 85 8 solo 74 8 i4c 14 12,27^' 4,477 999 s4o 672 323 50 617 455 42 221 135 7 16s 342 91 6,387 1,096 592 1,523 490 Ll 340 164 24 197 l2 i 415 168 19 27X 121 4l i,59f' 3,682 134 203 137 1,657 145 218 100 87 91 83 79 250 488 94 145 77 93 188 229 133119 5 48 —— 52 10 49 55 lo 4 177 1 —— 133 20 —- — — —— M — w— — 2*1 we w 623 927 66 171 183
@FedFRASER