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STATEMENT FOE THE PRESS s t . 6770 Federal Reserve Board November 3, 1930* For immediate r e l e a s e CONDITION OF WEEKLY REPORTING- MEMBER BANKS IN LEADING CITIES The Federal Reserve Board's condition statement 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 October 29 shows i n c r e a s e s f o r the week of $112,000,000 i n loans and investments, $120,000,000 i n n e t demand d e p o s i t s , $17,000,000 i n time d e p o s i t s , and $4,000,000 i n "borrowings from Federal r e serve "banks, and a decrease of $9,000,000 i n Government d e p o s i t s . Loans on s e c u r i t i e s d e c l i n e d $53,000,000 a t r e p o r t i n g "banks i n the New York d i s t r i c t , $10,000,000 i n the S t . Louis d i s t r i c t , $9*000,000 i n the Cleveland d i s t r i c t , $7,000,000 i n t h e Kansas City d i s t r i c t and $85,000,000 a t a l l r e p o r t i n g "banks. "All o t h e r " loans i n c r e a s e d $119,000,000 i n the New York d i s t r i c t , $8,000,000 in the St* Louis d i s t r i c t , $7,000,000 i n the P h i l a d e l p h i a d i s t r i c t and $134,000,000 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 declined $7,000,000 i n the Cleveland 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, while h o l d i n g s of other s e c u r i t i e s i n c r e a s e d $76,000,000 i n the New York d i s t r i c t and $74,000,000 a t a l l r e p o r t i n g "banks. Borrowings of weekly r e p o r t i n g member "banks from Federal r e s e r v e "banks aggregated $62,000,000 on October 29, r e p r e s e n t i n g a n e t i n c r e a s e of $4,000,000 f o r the week. 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 during the week and the year ending October 29, 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 ) Oct. 29.1930 Increase or decrease since Oct. 22. 1A30 Oct. 30,1929 Loans and investments - t o t a l 23,495 + 112 Loans - t o t a l 16,764 + 48 -2,170 8,057 8,707 + 85 134 -1,122 -l,o4s 6,731 + 64 +1,235 3,050 3,681 + 10 74 + 368 + 867 1,879 216 + + 52 4 - 13,830 7,577 113 + + 120 17 9 -1,280 + 709 l4 + 311 + 137 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 - 1,568 3,427 + + 59 38 62 + 4 - - 936 111 53 667 Federal Reserve Board Odtober 30, 1930. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BANKS I F CENTRAL RESERVE CITIES ( i n m i l l i o n s of d o l l a r s ) \ Oct. 29 Oct. 22 Oct. 30. * 1930 1930 1929 NEW YORK Loans and investments - t o t a l 8,4l4 8,273 9,010 Loans - t o t a l 6,116 6,o46 7,191 3,500 2,6lb 3,550 2,496 4,205 2,986 2,299 2,227 1,819 1,126 1,172 1,130 1,097 990 829 874 48 826 46 982 76 Net demand d e p o s i t s Time deposits Government d e p o s i t s 5,937 1,521 29 5,750 1,530 31 6,851 1,257 36 Dae from hanks Dae to banks 90 1,13s 90 1,099 120 1,389 On s e c u r i t i e s All 0 tiler 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 i n v a u l t Borrowings from F. R. Bank 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 out-of-town banks For account of others Total 170 - - 1,905 607 1,590 511 512 2,613 2,020 593 2,069 1,005 2,464 5.538 5,063 475 Loans and investments — t o t a l 2,028 2,026 2,037 Loans - t o t a l 1,537 1,540 1,679 922 615 923 616 957 723 491 486 357 200 292 194 291 160 198 187 13 187 13 194 16 1,285 642 4 1,291 634 4 1,364 589 9 175 343 158 333 160 314 1 l l On demand On time 1,510 502 500 2,512 CHICAGO 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. 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 to banks Borrowings from F. R. Bank ( S t . 6770a) s t . 6770 For jgimediate r e l e a s e PRINCIPAL RESOURCES AMD LIABILITIES OF WEEKLY REPORTING MEMBER BAIIKS III EACH FEDERAL RESERVE DISTRICT OiT OCrOBER 29, 1930 ( I n m i l l i o n s of d o l l a r s ) Total j Boston PhilaHew York delphia District Reserve | Minn- Kansas St. RichDallas Cleveland mond jAtlanta Chicago Louis | eapoli s City Federal San Francisco Loans and investments - t o t a l 23.495 1.516 9.656 1.297 2.263 657 595 1.377 656 374 658 46o 1,987 Loans - t o t a l 16.764 1.111 6.959 888 1.486 467 446 2. 564 490 244 408 142 1,336 8,057 8,707 476 657 3,901 3,058 447 441 718 768 173 293 142 305 1,271 1,294 209 281 79 165 104 304 93 249 444 893 6.731 384 2.697 408 777 190 149 812 165 110 250 118 651 3,050 3,681 153 231 127 281 379 398 80 110 71 78 360 453 38 127 71 59 106 144 47 341 310 942 60 84 13 146 28 4o 11 36 9 266 35 *+3 6 29 5 56 10 34 7 105 18 6,498 2,082 32 738 361 8 1,089 1,022 l4 342 257 10 306 239 12 1,880 1,333 6 236 1 234 l4i 4s4 196 2 277 152 11 737 1,020 6 153 1,211 90 210 1^ 342 a 80 104 270 485 79 123 174 211 100 li4 213 303 16 3 11 6 8 4 5 2 3 1 On s e c u r i t i e s A l l other 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 with 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 Dae to "banks Borrowings from F. R. Bank 1,879 216 13,830 7,577 113 886 538 10 1,568 3 Ml 62 2 K -
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