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STATEMENT FOR THE PRESS B-804 F e d e r a l Reserve Board October 17, 1932. For immediate r e l e a s e 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 October 12 shows i n c r e a s e s f o r t h e week of $99,000,000 i n t o t a l l o a n s and i n v e s t m e n t s , $101,000,000 i n n e t demand d e p o s i t s and $16,000,000 i n time d e p o s i t s , and d e c r e a s e s of $43,000,000 i n Government d e p o s i t s and $29,000,000 i n r e s e r v e b a l a n c e s w i t h F e d e r a l r e s e r v e b a n k s . 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 remained unchanged. Loans on s e c u r i t i e s d e c l i n e d $16,000,000 a t r e p o r t i n g member banks i n the New York d i s t r i c t and $14,000,000 a t a l l r e p o r t i n g member b a n k s , and i n c r e a s e d $6,000,000 i n the Boston d i s t r i c t . "All o t h e r " l o a n s i n c r e a s e d $39,000,000 i n t h e New York d i s t r i c t and $11,000,000. a t a l l r e p o r t i n g member banks, and d e c l i n 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 , $7,000,000 i n t h e Chicago d i s t r i c t and $6,000,000 i n the Boston d i s t r i c t . 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 $71,000,000 i n the New York d i s t r i c t and $61,000,000 a t a l l r e p o r t i n g member banks, and d e c l i n e d $7,000,000 i n the Chicago d i s t r i c t . 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 $30,000,000 i n t h e 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 $41,000,000 a t a l l r e p o r t i n g b a n k s . 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 w i t h changes d u r i n g the week and the year ending October 12, 1932, follows: ( I n m i l l i o n s of d o l l a r s ) Oct. 12, 1932 Increase or decrease since O c t . 5. 1932 O c t . 1 4 , 1 9 : 1 Loans and i n v e s t m e n t s - t o t a l 18,981 + Loans — t o t a l 10,634 - 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 F . R, Banks 4,467 99 -2,520 3 -3,o46 14 -1,534 -1,512 11 6,167 + 8,347 •f 102 5,064 3,283 + 1,799 207 11,309 5,660 550 1,570 3,189 107 526 61 + 864 - 338 10 29 + 119 71 101 -1,278 + 4i + + + + 16 - 43 + 31 — 9 + 876 208 + 415 + 402 - 307 Federal Reserve Board October 13, 1932 For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BANKS III CENTRAL RESERVE CITIES (In millions of d o l l a r s ) Oct. 12 1932 Oct. 5 193-2- Oct. l 4 Loans and investments - t o t a l 6,906 6,779 7,53# Loans - t o t a l 1.450 3,425 4,670 1,6^4 1,669 2,403 1.4^6 3,354 2,868 2,422 1,034 2,350 1,004 1,731 1,037 913 39 9^6 33 751 °5 Net demand deposits Time deposits Government deposits 5,365 867 246 5,277 *43 2b7 5,484 1,034 8( Due from "banks Dae to banks 83 1,371 83 1,354 ^8 1,025 — — MEV YORK On s e c u r i t i e s All other 1,796 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 with F. R. Bank Cash in vault Borrowings from F. R. Bank Loans on s e c u r i t i e s to brokers and dealers: For own account For account of out-of-town banks For account of others Total On demand On time 410 17 6_ 433 285 148 1.756 2,267 121 402 18 b 426 281 145 699 85 144 928 644 284 1,214 1,217 1.691 751 756 1,147 435 316 437 319 664 483 46! 461 544 259 204 264 197 319 Reserves with F. R. Bank Cash in vault 256 18 223 165 17 18 Net demand deposits Time deposits Government deposits 857 323 30 852 1,102 475 9 Due from banks Due to banks 237 297 300 215 129 239 4 4 4 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 Other s e c u r i t i e s Borrowings from F, R. Bank 324 31 225 (B-S04a) For immediate r e l e a s e PRINCIPAL RESOURCES AZD LIABILITIES OF WEEKLY REPORTING MEMBER BASKS IH EACH FEDERAL RESERVE DISTRICT OIT OCTOBER 12, 1932 (in millions of d o l l a r s ) Total Boston Me t/ York Philadelphia B-SOUb Reserve Federal 1 St. CIeve-| Richland j mond jAtlanta J Chicago | Louis District | Minn- [Kansas Dallas e a p o l i s | City San Francisco Loans and investments-total IS,981 1,244 7,899 1,115 1,931 584 500 2,235 523 312 518 388 1.732 Loans - t o t a l 10,634 764 4,057 6l4 1,116 316 322 1,485 296 184 254 240 986 4,46y 6,167 287 477 1,911 2,146 306 30s 505 611 119 197 105 217 676 809 111 185 54 130 78 176 72 168 243 743 8,347 480 3,842 501 815 268 178 750 227 128 264 148 746 5,064 3,283 2,573 226 1,269 275 483 332 151 117 & 426 324 108 119 66 188 62 144 120 91 57 4io 336 1,799 S3 15 959 .59 69 32 13 27 314 36 33 7 20 12 109 25 4l 14 27 7 85 15 11,309 745 4l4 25 5,799 1,288 630 272 273 231 21 217 194 31 1,243 27s 203 15s 9 143 3 341 181 7 128 25 893 35 54 163 153 94 83 176 On s e c u r i t i e s All o ther Investments - t o t a l U. S. 5ov't 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 deposits Time deposits Government deposits Due from tanks Due to banks Borrowings from F. R. Bank 207 5,660 550 1,570 3,159 107 292 151 165 —— 8 265 45 850 810 41, i4o 1,430 l4i 210 232 90 95 97 80 S3 330 392 95 io4 14 7 17 5 8 5 1 903 43 5 2 219 556 4s