The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATEMENT FOR TEE PRESS s t . 6179 F e d e r a l Reserve Board, May 6, 1923. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BASKS 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 in 101 l e a d i n g c i t i e s on May 1 shows i n c r e a s e s f o r t h e week of $2571000,000 i n net demand d e p o s i t s and of $67,000,000 i n l o a n s and i n v e s t m e n t s . Time d e p o s i t s declined $15,000,000 daring t h e week and C-overnment d e p o s i t s $5,000,000, while "borrowings from F e d e r a l r e s e r v e banks i n c r e a s e d $5,000»000. Loans on s e c u r i t i e s i n c r e a s e d $67,000,000 a t a l l r e p o r t i n g ."banks and $72,000,000 i n the' Hew York d i s t r i c t , and d e c l i n e d $17,000,000 in the P h i l a d e l p h i a district. "All o t h e r " l o a n s i n c r e a s e d $9,000,000 i n the San F r a n c i s c o d i s t r i c t and $7,000,000 i n t h e Kansas City d i s t r i c t , and d e c l i n e d $5,000,000 i n the Minneap o l i s d i s t r i c t and $3,000,000 a t a l l r e p o r t i n g "banks. Holdings of U. S. Government s e c u r i t i e s show a d e c l i n e of $5,000,000 f o r the week, while h o l d i n g s 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 $1^,000,000 in the New York d i s t r i c t and $10,000,000 a t a l l r e p o r t i n g "banks. Net demand d e p o s i t s , which a t a l l r e p o r t i n g "banks wore $257,000,000 above the A p r i l 24 t o t a l , i n c r e a s e d i n most of the d i s t r i c t s , the p r i n c i p a l i n c r e a s e s by d i s t r i c t s being: New York $194,000,000, Boston $22,000,000, Chicago $19,000,000, San Francisco $10,000,000, Cleveland $9,000,000 and P h i l a d e l p h i a $8,000,000. Times d e p o s i t s d e c l i n e d $8,000,000 i n the New York d i s t r i c t and $15,000,000 a t a l l repor, ing banks. The p r i n c i p a l changes i n borrowings from Federal r e s e r v e banks f o r the week comprise d e c l i n e s of $18,000,000 a t the Federal Reserve Bank of New York and $13,000,000 a t P h i l a d e l p h i a , and i n c r e a s e s of $l4,000,000 a t Cleveland, $9,000,000 a t Boston and $8,000,000 a t A t l a n t 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 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 May 1, 1929» follows: ( i n m i l l i o n s of d o l l a r s ) May 1. 1929 I n c r e a s e or d e c r e a s e » s i n c e Apr. 24.1929 May 2. 1928 Loans and i n v e s t m e n t s - t o t a l 22,326 + 67 + 164 Loans - t o t a l 16,451 + 63 + 454 + 67* 3* + + 294 161 291 On s e c u r i t i e s A l l 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 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 Dae from banks Dae to banks Borrowings from F. R. Banks 7,386 9,065 - 5,875 + 4 - 2,997 2,87 8 + 5 10 - 1,702 223 - 44 12 - 13,234 6,760 143 + + — - 257 15 5 1,157 2,715 + 31 173 703 + 5 4- _ 24 267 107 17 + 676 75 34 - 73 545 + 118 — *April 24 f i g u r e s r e v i s e d . C. For immediate r e l e a s e Federal Reserve Board. ^ 7 2, lA2g COIIDITIOIT OF WEEKLY REPORTING- HE232E B.GKS CI CENTRAL HP SERVE CITIES ( i n m i l l i o n s of d o l l a r s ) May 2 1Q28 I.'ay 1 1929 Apr. 24 1929 Loans and investments - t o t a l 7.332 7,253 7,319 Loans - t o t a l 5^LJ6 5,410 5,470 2,777 2,699 2,707 2,702 L.356 1,844 1,849 1,074 782 1.0J9 765 1,064 785 745 52 704 54 1,149 60 5,334 5,l6o 1,153 62 5,695 1,165 32 Dae from banks Dae to banks 108 916 93 795 124 1,107 Borrowings from F. R. Bank 157 177 ISO 979 1,676 2,876 924 1,652 2,916 5,492 1,329 •1,586 1,366 4,282 5,077 415 3,270 1,011 0 ITE'V 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 Reserve v:ith F. R. Bank Cash i n 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 Loans on s e c u r i t i e s t o 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 T o tal On demand On time 5x531_ 5, i 4 i 391 X 2,851 2,619 7 ll CHICAGO Loans and investments - t o t a l 2,030 2,027 2,051 Loans - t o t a l 1,600 1,593 1,526 897 703 S90 704 826 700 429 434 525 187 242 187 247 237 288 170 15 171 15 187 18 1,210 646 15 1,210 647 16 1,280 701 8 178 325 157 310 186 380 26 20 34 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 Reserve with F. R. Bank 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 Dae from banks Dae t o banks Borrowings from F. R. Bank ( S t . 6179a) C. For immediate r e l e a s e S t . Gljgb PRINCIPAL RESOURCES MD LIABILITIES OF I7EEKLY REPORTING MEMBER BAMS IN EACH FEDERAL RESERVE DISTRICT CM MAY \ , 1929 ( I n m i l l i o n s of d o l l a r s ' ) Federal . Reserve St. Chicago Louis District Kansas Dallas Minn. City Total Boston New York Phila. CIeve. Loans and i n v e s t m e n t s - t o t a l 22,326 i,4s6 8,595 i,24o 2,195 oil 645 3.299 696 370 686 482 1,955 Loans - t o t a l 16,451 1,102 6,4ig 920 1,526 519 510 2,581 519 247 450 348 1.312 7,386 9,065 470 632 3,211 3,206 502 4lS 707 820 191 328 147 363 1,204 1,376 234 286 82 164 123 327 100 248 415 897 5,875 384 2,177 320 669 158 136 719 176 123 237 134 64l 2,997 2,878 I 189 195 1,179 998 104 216 321 34s It 65 70 343 376 69 107 68 55 111 125 £ 379 264 1,702 223 94 16 811 65 76 13 132 28 4o 10 39 9 247 36 44 6 26 5 51 10 35 7 107 18 13,23% 6,760 143 913 456 6 5,949 1,69s 62 706 274 7 1,032 960 11 349 242 4 1,825 1,240 17 377 231 2 207 130 1 486 179 2 297 l4i 10 1,157 2,715 60 116 154 968 71 155 106 200 75 98 248 454 58 112 44 74 105 184 57 so 131 177 703 58 : 326 228 7 193 57 71 31 52 79 29 18 33 16 66 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. 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 ~ . N e t 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 t o "banks Borrowings from F. R. Bank C. Rich. Atlanta San Fran. 76s 9 ll
@FedFRASER