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STATEMENT FOR THE PRESS S t . 6766 f e d e r a l Reserve Board October 27, 1930. 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 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 22 shows d e c r e a s e s f o r the week of $21,000,000 i n l o a n s and i n v e s t m e n t s , $57,000,000 i n n e t demand d e p o s i t s , $20,000,000 i n Government d e p o s i t s and $18,000,000 i n borrowings from F e d e r a l r e s e r v e "banks and an i n c r e a s e of $25,000,000 i n time 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 $83,000,000 O.i r e p o r t i n g "banks i n the New York d i s t r i c t , $12,000,000 i n t h e Boston d i s t r i c t , $8,000,000 i n t h e Chicago d i s t r i c t , $6,000,000 i n t h e Kansas City d i s t r i c t and $116,000,000 a t a l l r e p o r t i n g "banks. "All o t h e r " l o a n s d e c l i n e d $42,000,000 i n t h e New York d i s t r i c t , $13,000,000 i n the Chicago d i s t r i c t and $33,000,000 a t a l l r e p o r t i n g "banks and i n c r e a s e d $12,000,000 i n the Boston d i s t r i c t . Holdings of U. S. Government s e c u r i t i e s i n c r e a s e d $51,000,000 i n t h e New York d i s t r i c t , $15,000,000 i n the Chicago d i s t r i c t and $64,000,000 a t a l l r e p o r t i n g "banks. Holdings of other s e c u r i t i e s i n c r e a s e d $4o,000,000 i n the New York d i s t r i c t , $9,000,000 i n the San Francisco d i s t r i c t and $63,000,000 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 F e d e r a l r e s e r v e "banks aggregated $58,000,000 on October 22, the p r i n c i p a l change f o r the week b e i n g a r e d u c t i o n of $25,000,000 a t t h e F e d e r a l Reserve Bank of New York. 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 the year ending October 22, 1930, follows: ( i n m i l l i o n s of d o l l a r s ) Oct. 22.1930 I n c r e a s e or decrease s i n c e Oct. 15.1910 Oct. 23. 1929 + 488 Loans and investments - t o t a l 23,383 - Loans - t o t a l 16,716 - 8,142 8,573 - 33 -1,007 6,667 + 126 +1,272 3,060 + + 64 63 + 4o6 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. 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 Die from banks Dae t o banks Borrowings from F. R. Banks 3,607 21 l4g 116 1,827 - 784 + 222 + 867 + - 102 26 212 + 3 13,710 7,560 57 25 + 396 + 187 + 365 + 704 122 - 1,509 3,389 - 58 20 250 18 + - 677 9 496 F e d e r a l Reserve Board October 23, 1930. For immediate r e l e a s e CONDITIOH OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) Oct. 22 1930 Oct. 15 1930 Oct. 23 1929 Loans and i n v e s t m e n t s - t o t a l 8,273 8,318 7,619 Loans - t o t a l 6,046 6,175 5,899 3,550 2,496 3,64o 2,535 3,005 2,894 2,227 2,143 1,721 1,130 1,097 1,080 1,063 947 773 826 46 794 45 739 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 5,750 1,530 31 1,489 36 5,665 5,298 1,257 37 Dae from banks Dae to banks 90 1,099 106 1,160 123 877 29 4i 1,702 514 536 2,752 2,149 1,077 1,733 3,823 6,634 603 6,194 439 HEW 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 w i t h 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 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 account of o t h e r s Total 1,590 511 512 2,613 On demand On time 2,020 593 54 CHICAGO Loans and investments - t o t a l 2,026 2,032 1,984 Loans - t o t a l l,54o 1,560 1,628 616 923 932 62s 929 700 486 472 355 194 179 293 160 196 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 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 291 187 13 187 15 1,302 4 158 333 1 1,291 5 589 9 188 369 126 292 652 — 4 ( S t . 6766a) For immediate r e l e a s e S t . 6766b PRINCIPAL RESOURCES AND LIABILITIES OF WEEKLY REPORTDTG MEMBER BALTICS IH EACH FEDERAL RESERVE DISTRICT OS OCTOBER 22, 1930 ( i n m i l l i o n s of d o l l a r s ) Total Boston Hew York P h i l a delphia Federal Cleveland R i c h mond Reserve A t l a n t a Chicago| St. Louis District Minn- Kansas Dallas e a p o l i s City San Franci sco Lo"XxG and i n v e s t m e n t s - t o t a l 23,383 1,516 9,518 1,293 2,284 660 599 3,380 657 374 659 459 1,984 Loans - t o t a l 16,716 1,133 6,893 882 1,496 ^67 450 2,570 492 244 410 34i 1,339 8,14.2 8,573 474 659 3,954 2,939 447 434 727 769 174 293 143 307 1,273 1,297 219 273 166 78 111 299 $ 448 6,667 383 2,625 4ll 788 193 149 810 165 129 249 118 644 3,060 3,607 153 1,257 1,368 130 282 386 402 84 110 71 77 356 454 37 128 71 58 106 144 ll 338 306 1,827 212 101 15 886 59 85 13 144 28 12 4o 39 9 267 32 42 6 27 13,710 7,560 122 894 532 6,315 745 350 9 1,021 15 310 239 13 1,889 1,325 7 355 1,509 3,389 87 lto 1,175 82 215 118 338 113 106 79 244 473 120 78 58 1 11 2 13 6 9 2 7 On s e c u r i t i e s All other 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 "frith 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 Due from "banks Due to "banks Borrowings from F . R. Bank 230 11 2,095 35 156 1,113 349 257 11 84 236 l 891 106 5 10 57 33 7 232 490 195 2 280 153 12 71 81 188 219 io4 117 218 291 1 2 2 2 l4i 17 133 1,016 7
@FedFRASER