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STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System For immediate r e l e a s e October l4, 1935* CONDITION OF WEEKLY REPORTING MEMBER BA2TICS IH LEADI1TG- CITIES The condition s t a t a n e n t of weekly r e p o r t i n g member banks i n 91 leading c i t i e s on October 9» issued by the Board of Governors of the Federal Reserve System, shows a decrease f d r the wee].: of $37*000,000 i n t o t a l loans and investments and increases of $48,000,000 in net demand d e p o s i t s , $21,000,000 i n time d e p o s i t s and $89,000,000 in reserve balances with Federal Reserve banks. Loans on s e c u r i t i e s to brokers and d e a l e r s in Hew York declined $53,000,000, loans to brokers and d e a l e r s outside Hew York declined $7,000,000, and o t h e r loans on s e c u r i t i e s declined $2,000,000, Holdings of acceptances and commercial paper bought and r e a l e s t a t e loans showed no n e t change f o r the week, and "Other loans" increased $8,000,000 i n the Hew York d i s t r i c t and $9*000,000 a t a l l r e p o r t i n g member banks. Holdings of United S t a t e s Government d i r e c t o b l i g a t i o n s increased $15,000,000 in the Hew York d i s t r i c t and $9,000,000 a t a l l r e p o r t i n g member banks, and declined $6,000,000 i n the Boston d i s t r i c t ; holdings of o b l i g a t i o n s f u l l y guaranteed by the United S t a t e s Government increased $2,000,000; and holdings of other s e c u r i t i e s increased $5,000,000. Licensed member banks formerly included i n the condition statement of member banks in 101 leading c i t i e s , but not now included in the weekly statement, had t o t a l loans and investments of $1,275»000,000 not demand and time d e p o s i t s of $1,386,000,000 on October 9» compared with $1,304,000,000 and $1,398,000,000, r e s p e c t i v e l y , on October 2 . 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 banks, in 91 leading c i t i e s , t h a t a r e now included i n the statement, together with changes f o r the week and the year ended October 9» 1935» follows: ( i n m i l l i o n s of d o l l a r s ) Oct. 9, 1935 Loans and investments - t o t a l Loans on s e c u r i t i e s - t o t a l To brokers and d e a l e r s : In Hew York Outside New York To others Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans U, S. Government d i r e c t o b l i g a t i o n s Obligations f u l l y guaranteed by U.S.Govt. Other s e c u r i t i e s Reserve with F . R, banks Cash in v a u l t Net demand d e p o s i t s * Time deposits Government d e p o s i t s Due from banks Due to banks Increase or decrease since Oct. 2,1935 Oct, 10, 193% +1,219 1,9,. 043 2,924 -62 -131 793 152 1,979 312 -53 -7 +121 +1 960 -2 — 3,307 +9 7,597 933 +9 +2 2,960 +5 4,118 323 16,356 4,451 +89 +24 +48 +21 669 — 1,944 4,835 -25 +14 -253 -152 -25 -3 +939 +550 +4i +I,l4l +50 +3,152 l : l -42b +403 +971 Borrowings from F . R. banks •Figures subsequent to August 23.1935* include Government d e p o s i t s . (B-804) Board of Governors of the Federal Reserve System October 10, 1935 For immediate release C0HDITI0N OF WE3KLY H3P0ETXXT& MEMBER BA1HCS III CETTR&L RESERVE CITIES (In millions of dollars) Oct. 9 1915 Oct. 2 1935 Oct. 10 19-ft Loans and investments - t o t a l 7*793 7,822 7,092— Loans on securities - total To brokers and dealers: 1*567 1,621 1*40%— 768 57 742 821 58 7U2 544 ^9 809 Acceptances and commercial paper bought Loans on real estate Other loans 136 123 1*251 136 123 1,243 243 135 l,2o5 U . S . Government direct obligations Obligations fru.ly guaranteed by U.S.Govt. Other securities 3,280 367 1,069 3*268 3°° 1*065 2,812 220 1*015 Reserve wita F. R. bank Cash in vault 2,251 57 2,267 49 1,423 45 Net demand deposits* 8,291 6,322 Time d e p o s i t s Government d e p o s i t s 8*245 627 299 298 600 Due from banks Due to banks 2,145 39 2,156 60 1,630 1.773 1,777 1,536 188 188 235 * 1 ft NEW YORK In New Yorl Outside New York To others ' 606 662 Borrowings from F. R. bank CHICAGO Loans and investments - t o t a l Loans on securities - total To brokers and dealers: In New York » ~ " " Ior " 159 20 • lU 20 16 55 21 Acceptances and commercial paper bought Loans on real estate Other loans 236 239 247 U, S. Government direct obligations 947 Q 9U7 685 't ' 95 272 522 36 U90 35 438 36 1,767 1,740 1,465 360 U % U « UTU V V X i l t U V - l U U-J. WV M - O b l i g a t i o n s f u l l y g u a r a n t e e d by U.S.Govt. Other s e c u r i t i e s Reserve with F. R. ban*: Cash in vault Net demand deposits* Time d e p o s i t s Government- d e p o s i t s 4o4 Due from banks Due to banks 194 65 528 ^ 403 65 -T-J 32 220 526 156 424 Borrowings from F. R. bank • F i g u r e s subsequent to August 23, 1935* include Government d e p o s i t s . B-804a For immediate r e l e a s e PRINCIPAL ASS3TS AHD LIABILITIES OF WEEKLY 3EP0RTING- IE13SR 3AKCS IN L2ADKC- CITIES, BY DISTRICTS, ON OCTOBER 9, 1935 B-804b ( I n m i l l i o n s of d o l l a r s ) Total Boston 19,043 1,158 Loans and i n v e s t m e n t s - t o t a l New York 8,663 P h i l a - Clevedelphia land 1,097 1,255 lol Reserve Federal St. RichA t l a n t a Chicago Louis mond Diss t r i c t Minn- Kansas eapolis -pity Dallas San Francisco 357 349 2,190 554 373 615 436 1,996 -Si- 39 223 62 33 45 40 174 __ 4 58 1 32 1 2 42 1 39 10 164 2.924 122 1,739 . 175 793 152 1»979 4 25 153 774 59 906 13 11 151 5 156 1 50 3 36 1 30 192 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other l o a n s ' 312 960 3*30? 4i 86 279 139 239 1,391 23 68 171 3 72 l4l 6 17 77 3 13 108 28 30 309 9 37 ill 8 5 128 25 l4 124 21 120 358 348 U.S.Govt, d i r e c t o b l i g a t i o n s O b l i g a t i o n s f u l l y guaranteed by U.S.Govt. CLther s e c u r i t i e s 7*597 983 337 19 116 194 31 59 109 23 54 1,167 107 326 206 90 39 136 18 45 241 48 118 158 50 2,SoO 285 91 284 650 i a 3,508 398 1,249 634 125 332 Bea6tves with 3. H. banks Cash i a vault 4,118 323 % 2,324 71 181 l4 173 21 72 12 38 7 573 47 112 10 6l 5 101 12 10 62 190 18 874 472 555 78 170 16 273 124 8 522 155 12 336 121 23 856 965 37 228 133 19 446 24 252 137 7 2,058 277 36 787 307 8,713 1,035 325 121 221 160 2,205 171 l4l 208 112 125 105 117 285 634 119 210 94 105 252 333 154 156 230 Loans ok s e c u r i t i e s - t o t a l I n New York O u t s i d e Hew York To others deposits* Time 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 banlcs Borrowings f r o m F. H. bank . l6,35& 3* 669 1,944 4,835 1,011 284 $ — Government d e p o s i t s . 2 % 25 84 237
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