The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATEMENT FOR THE PRESS For immediate r e l e a s e B~804 F e d e r a l Reserve Board November 21, 1932. 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 l e a d i n g c i t i e s , on November l 6 shows d e c r e a s e s f o r t h e week of $79•-000,000 i n l o a n s and i n v e s t m e n t s , $13,000,000 i n time d e p o s i t s and $18,000,000 i n Government d e p o s i t s , and i n c r e a s e s of $79*000,000 i n n e t demand d e p o s i t s and $50,000,000 i n r e s e r v e b a l a n c e s with F e d e r a l r e s e r v e b a n k s . Loans on York d i s t r i c t , member b a n k s . $36,000,000 a t s e c u r i t i e s d e c l i n e d $15,000,000 a t r e p o r t i n g member banks i n t h e New $12,000,000 i n t h e Boston d i s t r i c t and $46,000,000 a t a l l r e p o r t i n g "All o t h e r " l o a n s d e c l i n e d $23,000,000 i n the New York d i s t r i c t and a l l reporting banks. Holdings of U n i t e d 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 $22,000,000 i n t h e New York d i s t r i c t , and d e c l i n e d $13,000,000 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 $18,030,000 f o r the week. Holdings of o t h e r s e c u r i t i e s declined $15,000,000. Borrowings of weekly r e p o r t i n g member banks from F e d e r a l r e s e r v e banks a g g r e gated $98,000,000 on November l 6 , the p r i n c i p a l changes f o r t h e week b e i n g a d e c l i n e of $4,000,000 a t the F e d e r a l Reserve Bank of San F r a n c i s c o and an i n c r e a s e of $3,000,000 a t A t l a n t a . A summary of t h e 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 w i t h changes d u r i n g the week and the y e a r ending November l 6 , 1932, follows: « ( I n m i l l i o n s of d o l l a r s ) Nov. 16, 1932 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 Borrowings from ? . R. Banks Increase or decrease since Nov. 9, 1932 Nov. 18, 1931 18,947 z79 -2,055 10,343 -82 -3,099 4,249 6,094 -46 -36 -1,640 -1,459 8,6O4 ±1 +1,044 5,309 3,295 +18 -15 +1,245 - 201 1,957 199 +50 -18 + - 349 39 11,584 5,694 466 +79 -13 -18 + 695 547 377 1,675 3,335 +57 +4l + + 655 792 98 - 1 - 287 F e d e r a l Reserve Board November 17, 1932 For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MSMB12 BAMS IN CENTRAL RESERVE CJTIXS ( I n m i l l i o n s of d o l l a r s ) Nov. 16 1932 Nov. 9 1932 , Nov. IS 1931 Loans and i n v e s t m e n t s - t o t a l 7,026... 7,044 7,262 Loans - t o t a l 3,331 3,420 4,525 1,555 1 , 3 2o 1,570 1,850 2,297 2,223 3,645. 3,624 2,737 2,576 1,069 2,555 1,069 1,702 1,035 Reserves with F . R. Bank Cash i n v a u l t 1,026 3b 969 4l 731 48 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 5,558 910 205 5,476 910 214 5,363 909 27 Due from banks Due to banks. 85 1,444 82 1,419 6l 887 - NEW YORK 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 16 Borrowings f r o # P . 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 a c c o u n t of o t h e r s Total On demand On time 326 12 6 341 13 6 623 140 12 344 139 155 360 203 157 775 560 215 1,131 l,l4l 1,671 6^9 664 1,169 369 290 372 292 691 47s 472 477 502 280 192 285 192 285 217 Reserves w i t h F. R. Bank Cash i n v a u l t 279 16 271 18 155 14 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 332 ! 839 323 28 1,114 436 3 Dae from banks Due to banks 230 318 223 308 117 256 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 . 0 c u r i t i e s Other s e c u r i t i e s Borrowings from F . R. Bank 3 —— 2 Z-D <2nil. For immediate r e l e a s e PRINCIPAL RESOURCES AND LIABILITIES OF %3Z:LY REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT ON NOVEMBER l o , I932 ( I n m i l l i o n s of d o l l a r s ) To t a l Few Boston | York Philadelphia (B-304b Federal Reserve Cleve- | R i c h St. l a n d j mond j A t l a n t a jChi cago j Louis District Minn- Kansas e a p o l i s City Dallas San Francisco Loans and i n v e s t m e n t s - t o t a l 15,947 1,21S 8,021 1,132 1,903 586 503 2,143 513 303 514 390 1,721 Loans - t o t a l 10,343 720 3,933 6o4 1,092 313 323 1,385 284 182 250 242 965 4,249 6,094 44s 272 1,808 2,175 29 s 306 491 601 117 196 107 216 605 780 106 178 53 129 78 172 72 170 242 723 g,6o4 498 4,038 52s 811 273 ISO 758 229 121 264 i4s 756 5=309 3,295 312 186 2,731 1,307 254 274 485 326 157 116 95 85 443 315 114 115 61 60 145 119 90 58 422 334 1,957 199 88 16 1,072 47 75 12 106 25 34 12 28 7 335 35 40 6 20 5 44 12 27 7 88 15 11,584 5,694 466 754 409 20 5,984 1,335 222 652 279 39 8 39 799 34 288 230 17 218 192 25 1,267 904 38 285 203 7 15s 142 2 343 181 7 225 128 20 571 892 35 1,675 3,335 189 16S 128 1,504 135 216 98 23s 91 101 71 80 335 413 108 108 70 58 168 169 101 95 181 I85 9 7 13 5 12 2 1 2 l 46 On s e c u r i t i e s All other Investments - t o t a l tl. S. G o v ' t 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 P . 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 b a n k s Due to banks Borrowings from F . R . Bank 98
@FedFRASER