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ST VIE;,SIT FOE THE PRESS s t . 6597 F e d e r a l Reserve Board May 2d, 1930. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The Federal 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 l e a d i n g c i t i e s on May 21 shows i n c r e a s e s f o r the week of $45,000,000 i n l o a n s and i n v e s t m e n t s and $32,000,000 i n time d e p o s i t s , and d e c r e a s e s of $85,000,000 i n n e t remand d e p o s i t s and $4,000,000 i n borrowings from Federal r e s e r v e banks. Loans on s e c u r i t i e s i n c r e a s e d $76,000,000 a t a l l r e p o r t i n g b a n k s , i n c r e a s e s of $55,000,000 i n t h e New York d i s t r i c t , $28,000,000 in t h e Chicago d i s t r i c t , 512,000,000 i n t h e Cleveland d i s t r i c t and $7,000,000 i n t h e San F r a n c i s c o d i s t r i c t ^ b e i n g p a r t l y o f f s e t by d e c r e a s e s of $8,000,000 i n t h e S t . Louis d i s t r i c t and $6,000,000 each i n the P h i l a d e l p h i a and Minneapolis d i s t r i c t s . " i l l other" l o a n s d e c l i n e d $69,000,000 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 $76,000,000 a t a l l r e p o r t i n g b a n k s , and i n c r e a s e d $8,000,000 i n the Boston d i s t r i c t . Holdings of TJ. S. Government 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 S t . Louis d i s t r i c t and d e c l i n e d $9,000,000 i n the Chicago d i s t r i c t , a l l r e p o r t i n g banks showing a n e t i n c r e a s e of $11,000,000. 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 $8,000,000 each in the New York and Cleveland d i s t r i c t s , $6,000,000 in the Chicago d i s t r i c t and $33,000,000 a t a l l r e p o r t i n g b a n k s . The p r i n c i p a l cnange i n borrowings from Federal r e s e r v e banks f o r the week was a r e d u c t i o n of $5,000,000 a t the F e d e r a l Reserve Bank of C l e v e l a n d . 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 memb e r banks, t o g e t h e r w i t n changes d u r i n g t h e wcOiC and the y e a r ending Vav 21 1930, 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 ) May 21. 1930 Loans and i n v e s t m e n t s - t o t a l 22,661 Loans - t o t a l 16,806 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 Reserve 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 t o banks Borrowings from F. R. Banks I n c r e a s e or d e c r e a s e s i n c e May l 4 . 1Q30 May 22. 1A2Q + 45 + 656 + 619 8,322 8,484 + 76 76 +1,178 - 559 5,855 + 44 + 37 2,842 3,013 + + 11 33 + 109 146 1,757 213 + 2 12 + 110 22 85 32 1 + + 572 343 49 13,382 7,132 50 1,187 2,825 43 + - — 50 110 + 173 4- 382 4 571 F e d e r a l R e s e r v e Boarc May 22, 1930. - For immediate r e l e a s e CONDITION OP 'TBEIZLY RETORTING EliBIE 3AHS III CEHTRAL R "S3BVE CITIES ( i n m i l l i o n s of d o l l a r s ) Hay 21 1930 Hay l 4 1930 May 22 1929 Loans and i n v e s t m e n t s - t o t a l .7,-31 7,832 7,120 Loans - t o t a l JIJ_3U3 5,865 5,294 3,456 2,391 3,407 2,458 2,6i4 2,680 1,984 1.967 1,825 1,097 ssG 1,091 876 1,038 788 760 49 701 55 1,370 is 5 Ml 5,444 1,372 IS 5,070 1,169 42 106 90s 112 942 92 772 - - 111 ITM YORK 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 I R e s e r v e w i t h F. 3 . Bank Cash i n v a u l t Net demand d e p o s i t s Tine d e p o s i t s Government d e p o s i t s Due f r o m "banks Due t o "banks Borrowings f r o m F . E. Bank Loans on s e c u r i t i e s t o "brokers and d e a l e r s : For own a c c o u n t For a c c o u n t of o u t - o f - t o v m "banks For a c c o u n t of o t h e r s Total On demand On time 1,655 1,069 1,290 l,6lS 1,069 1,320 827 1,651 3,042 J+ l O_15_ 4,007 5,520 3,391 624 3,37b 631 5,187 333 1,888 1,863 1,873 1,504 1,482 1,489 899 605 874 608 815 674 384 381 384 163 220 . 167 214 169 215 186 13 183 13 166 l4 1,269 544 2 1,251 54O 2 1,166 538 11 ill 319 336 122 295 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 0£her s e c u r i t i e s R e s e r v e w i t h F. R. Bank Cash i n v a u l t Hot 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 f r o m "banks Dae t o "banks ' Borrowings from F. R. Bank 33 ( s t , 6597a) For immediate r e l e a s e PRINCIPAL RESOURCES A3TD LIABILITIES OF tfSBKLY REPORTING- MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT ON MAY 21, 1930 ( i n m i l l i o n s of d o l l a r s ) Federal | Boston pew York P h i l a - | C l e v e l a n d ! ielnhia J i Total 1,502 9,139 1,207 2,184 642 6 01 3,267 678 358 659 456 1,967 1,153 6,802 904 1,529 480 470 2,592 4q6 240 44i 347 1,352 8,322 8,484 n 3,943 2,859 472 432 744 786 193 287 152 319 1,284 1,308 220 276 88 152 142 299 117 230 451 901 5,855 349 2,337 303 655 lo2 131 675 182 118 218 110 615 2,842 3,013 158 190 1,216 1,121 77 226 314 34l 75 88 62 68 311 364 6l 121 65 53 94 125 66 44 343 272 1,757 213 96 15 828 58 78 13 138 27 42 11 39 9 271 34 44 6 25 5 56 10 35 105 17 13,332 7,132 50 887 492 4 6,050 1,947 19 701 304 3 1,070 968 4 335 250 3 318 243 5 1,940 1,207 2 366 232 1 215 129 485 180 1 289 I4Q 3 726 1,032 5 1,187 2,825 51 115 i4q 972 66 163 ll4 252 63 95 70 98 196 445 55 113 50 71 120 181 75 88 177 232 5 2 4 4 4 9 5 5 4 1 Loans and i n v e s t m e n t s - t o t a l 22,ool Loans - t o t a l lb,30o 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. Govt, s e c u r i t i e s Other s e c u r i t i e s Reserve 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. Bank 1 District San | Minn- (Kansas j Dallas S t . A t l a n t a Chicago | F r a ncisco Louis ( e a o o l i s j City Reserve Richmond 43 1 - 7 -
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