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STATEMENT FOE THE PRESS Board, of Governors of the F e d e r a l Reserve System October 28, 1935 f o r immediate r e l e a s e CONDITIO# OF WEEKLY REPORTING MEMBER BANKS IN HEADING- CITIES The 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 $1 l e a d i n g c i t i e s on October 23, i s s u e d by the Board of Governors of the F e d e r a l Reserve System, shows i n c r e a s e s f o r the week of $14,000,000 i n t o t a l loans and i n v e s t m e n t s , $55,000,000 in n e t demand d e p o s i t s (Which i t e m i n c l u d e s Government d e p o s i t s ) , '$40,000,000 i n timtt d e p o s i t s and $23,000,000 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 Reserve banks and a decrease of $83,000,000 i n Government d e p o s i t s . Loans on s e c u r i t i e s t o b r o k e r s and d e a l e r s i n New York and o u t s i d e New York i n c r e a s e d $10,000,000 and $5,000*000, r e s p e c t i v e l y , while o t h e r loans on s e c u r i t i e s d e c l i n e d $ 7 , 0 0 0 , 0 0 0 . Holdings of acceptances and commercial p a p e r bought and loans on r e a l e s t a t e showed no m a t e r i a l changes f o r the week. "Other l o a n s " decreased $67,000,000 i n the New York d i s t r i c t and $50,000,000 a t a l l r e p o r t i n g member banks, and i n c r e a s e d $5,000,000 each i n the Chicago, D a l l a s and San F r a n c i s c o d i s t r i c t s . 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 i n c r e a s e d $37,000,000 i n the Chicago d i s t r i c t , $13,000,000 i n the San F r a n c i s c o d i s t r i c t and $8,000,000 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 $15,000,000 i n the Boston d i s t r i c t and $25,000,000 i n the New York 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 g u a r a n t e e d by" the United S t a t e s Government i n c r e a s e d $ 8 , 0 0 0 , 0 0 0 . 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 $37,000,000 i n t h e New York 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 banks. Licensed member banks f o r m e r l y included i n the c o n d i t i o n statement of member banks i n 101 l e a d i n g c i t i e s , b u t not now included i n t h e weekly s t a t e m e n t , had t o t a l loans and investments of $1,305,000,000 and n e t demand and time d e p o s i t s of $1,420,000,000 on October 23, compared w i t h $1,297>000,000 and $1,412,000,000, r e s p e c t i v e l y , on October 16. 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, | n 91 l e a d i n g c i t i e s , t h a t a r e now included i n the s t a t e m e n t , t o g e t h e r with changes f o r the week and t h e year ended October 23, 1935* 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 ) O c t . 2 1 . 1915 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 b r o k e r s and d e a l e r s : In New York Outside New York To o t h e r s 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 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, 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 I n c r e a s e or d e c r e a s e s i n c e O c t . 16,1935 O c t . 24.1934 18,981 +14 +1,131 2.918 +8 • -156 797 +io +5 -7 +89 151 1,970 -245 -149 3,261 -3 -3 -50 7,533 1,012 2,983 +8 +8 +46 4,368 +83 +879 +549 +84 +1,372 +46 498 +55 +4o -83 -66 -120 316 958 313 16,431 4,500 1,956 4,839 — +6 -26 -50 +3,029 +22 -355 +398 +934 -l •Demand d e p o s i t s s u b j e c t to r e s e r v e . Method of computation changed August 24, 1935. . .. (B-804) Board of Governors of the Federal Reserve System October 24, I935 iPbr immediate r e l e a s e OOTID IT I01T OP WEEKLY REPORTING MEMBER BASICS IN CENTRAL RESERVE CITIES ( i n p i l l i o n s of d o l l a r s ) Oct, 23 Oct. l 6 1915 Oct. 241954 „ J i t 7.704 7,114 1.55,4, 1,435,, HEff TOBK 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 Hew York To others 1,562 773 59 761 Acceptances and commercial paper bought Loans on real e s t a t e Other loans l4l 123 1,187 i4o 123 1,252 242 !34 1,276 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 3,181 1,083 381 3,209 377 1,049 2,798 235 994 Reserve with F. R. bank Cash i n vault 2,4I6 55 2,331 53 1,388 40 Net demadd d e p o s i t s * Time deposits Government d e p o s i t s 8,210 5,198 628 245 6,421 82 2,151 62 1,632 1,765 ,. 1,543 655 195 82 Due from banks Due to banks 2,106 587 49 799 73JS Borrowings from F. R, bank CHICAGO 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 New York Outside New York To others 1,799 183 , *85 25 158 1 24 160 24 24 187 , 315 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans $ 234 19 16 236 52 21 244 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 972 96 270 944 96 269 698 77 216 Reserve with F. R. bank Cash i n vault 578 36 559 35 1,838 411 62 1,797 405 63 472 36 1,484 194 530 198 545 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 37$ 30 157 435 Borrowings from F. R. bank •Demand d e p o s i t s subject to r e s e r v e . Method of computation changed August 24, 1935 « B-804a For immediate r e l e a s e PRINCIPAL ASSETS AMD LIABILITIES OF WEEKLY REPORT DIG MEMBER BANKS IH LEADING CITIES, BY DISTRICTS, ON OCTOBER 23, 1935 B-804b f Tn mi Tin rtnts n"f* Total Loans and investments to t a l Phi l a - I CIevedelnhia Boston Chicago mond 1.101 18,981 351 2,216 Louis Minn- Kansas eapolis 182 1.732 177 164 52 797 151 1,970 5 24 153 778 6l 893 13 13 151 5 159 1 51 2 37 27 191 4 57 1 31 u! 316 958 3«26l 42 87 280 144 240 1,325 22 68 172 3 68 l%7 6 17 77 3 12 109 27 30 305 9 38 112 9 5 130 ll U . S . Govt, d i r e c t o b l i g a t i o n s 7,533 Obligations f u l l y guaranteed by U.S.Govt. 1,012 Other s e c u r i t i e s 2,983 372 20 164 3«4I4 4n 1,268 281 93 288 649 34 193 122 35 58 108 26 54 1,202 110 324 201 42 90 l4o 4,368 313 253 93 2,474 67 186 14 175 21 74 12 37 7 621 46 16,431 4,500 498 ,016 307 12 8,665 1,063 217 874 283 27 787 476 32 257 227 1,956 4,839 124 225 154 2,167 168 284 155 213 106 130 107 119 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 New 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 Reserves 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 Due from banks Due to banks Borrowings from F . R. bank 6 Dallas brancisco 1 4o 9 165 1 21 127 25 358 352 164 45 240 4s 116 640 126 339 120 10 61 5 105 12 66 9 196 17 2,126 563 71 453 170 10 279 124 8 526 155 10 353 121 19 868 966 70 285 636 126 216 97 108 261 335 153 172 220 234 125
@FedFRASER