The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATEMENT FOR THE PRESS B~SO4 F e d e r a l Reserve Board October J l , 1$32 For immediate r e l e a s e CONDITION OF WEEKLY REPORTIJJG MEMBER BA2HCS IT 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 26 shows an i n c r e a s e f o r t h e week of $113,000,000 i n i n v e s t m e n t s , m o s t l y U n i t e d S t a t e s Government s e c u r i t i e s , a d e c r e a s e of $116)000,000 i n l o a n s , and i n c r e a s e s of §5S,OvO,OuO i n net- demand d e p o s i t s , $33,000,000 i n t i n e d e p o s i t s , $ 1 0 4 ; 0 0 0 , 0 0 0 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 . a n d $ 9 , 0 0 0 , 0 0 0 i n b o r r o w i n g s from F e d e r a l r e s e r v e ballies. Loans on York d i s t r i c t , member b a n k s . $21,000,000 a t s e c u r i t i e s d e c l i n e d $ 8 3 , 0 0 0 , 0 0 0 a t r e p o r t i n g member b a n k s i n t h e New $ 6 , 0 0 0 , 0 0 0 i n t h e Chicago d i s t r i c t and $ 9 5 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g "All o t h e r " l o a n s d e c l i n e d $9,000,000 i n t h e Hew York d i s t r i c t and a l l reporting banks. 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 $ 8 0 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t , $ 1 3 , 0 0 0 , 0 0 0 i n t h e Boston d i s t r i c t , $ 6 , 0 0 0 , 0 0 0 each i n t h e Cleveland and Chicago d i s t r i c t s and S103,000,000 i n a l l d i s t r i c t s . H o l d i n g s 01 o t h e r s e c u r i t i e s i n c r e a s e d $7«000,000 i n t h e I-evr York d i s t r i c t and $ 1 0 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g member 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 a g g r e g a t e d $103,000,000 on October 26, t h e p r i n c i p a l change f o r t h e week b e i n g an i n c r e a s e of $ 1 0 , 0 0 0 , 0 0 0 a t t h e F e d e r a l Reserve Bank of San F r a n c i s c o . A summary of t h e 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 b a n k s , t o g e t h e r w i t h changes d u r i n g the week and the y e a r e n d i n g October 26, 1932, follows: ( i n m i l l i o n s of d o l l a r s ) O c t . 26, 1932 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 . 19,1932 O c t . 28, 1931 Loans and i n v e s t m e n t s - t o t a l 19,118 - 3 -2,103 Loans - t o t a l 10,516 -116 -3,005 4,352 6,l64 - 95 - 21 -1,545 -1,460 8,602 +113 + 3,304 5,29s +103 + 10 +1,165 - 263 1,975 +io4 + - 261 61 11,470 5,725 - 979 560 + 88 + 33 - 38 1,555 3,164 :£ + 574 + 636 103 + 9 - 350 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 R e s e r v e s w i t h F . R. Banks Cash i n v a u l t Met 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 Due to b a n k s Borrowings f r o m F . R. Banks 203 - 902 633 + 399 Federal Reserves Board October 27, 1932 For immediate r e l e a s e CONDITION OF WEEKLY REPORTING- MEMBER BANKS IN CENTRAL RESERVE CITIES ( i n millions of dollf irs) Oct. 26 1932 Oct, 19 1932 Oct. 28 1931 NSW YORK 6,989 7,326 3/17,5 4,552 1,569 1,815 1,653 2,305 jusas 3,514 2,774 2,548 1,050 2,469 1,722 1,045 1,052 Reserves with F. R. Bank Cash in vault 1,055 37 959 36 821 59 Net demand deposits Time deposits Government deposits 5/476 5,406 5,544 913 929 2U7 887 265 Due from "banks 81 1,360 81 1,389 6,982 Loans and investments - 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 Due to banks 1,222 2,247 49 69 956 47 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 a c c o u n t For a c c o u n t of o u t - o f - t o w n banks For a c c o u n t of o t h e r s 332 15 5 352 199 153 4ll 433 281 152 869 1,232 1,235 1,685 737 745 1,150 420 317 425 320 487 495 490 535 289 206 283 207 314 R e s e r v e s w i t h F . R. Bank Cash i n v a u l t 270 16 261 17 173 15 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 886 317 32 879 1,116 34 459 5 Due from banks Due to banks 213 299 216 302 103 235 To t a l On demand On time 16 6 594 97 17S 606 263 CHICAGO Loans and investments- 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 3 —— 663 221 6 (B-SOUa) For immediate r e l e a s e PRINCIPAL RESOURCES AND LIABILITIES OF WEEKLY REPORTING MEMBER BARKS IN EACH FEDERAL RESERVE DISTRICT ON OCTOBER 26, 1932 B-S04b ( i n m i l l i o n s of d o l l a r s ) j To t a l Boston New York Philadelphia Federal Cleveland Reserve Richmond AtlantajChicago St. Louis District Minn- Kansas Dallas e a p o l i s City San F r a n c i sco Loans a n d i n v e s t m e n t s - t o t a l 19,118 1,253 7,977 1,123 1,936 589 505 2,25s 522 309 515 392 1,739 Loans - t o t a l 10,516 752 3,983 60S 1,110 314 325 l,46s 294 184 253 242 978 4,352 6,l64 282 470 1,824 2,164 300 308 503 607 lis 196 107 218 659 809 111 183 53 131 78 175 72 170 245 733 8,602 501 3,989 515 826 275 ISO 228 125 262 150 761 5,29s 313 188 2,703 1,286 237 27S . 494 332 157 461 329 114 li4 63 62 143 119 92 58 425 3,304 t 790 1,975 93 1,102 4s 71 34 13 29 8 326 37 35 19 5 43 13 26 OO 11 109 25 7 l4 11,470 5,725 5,900 633 273 47 846 813 41 285 232 21 215 194 30 1,270 898 279 203 154 143 337 182 560 765 422 24 9 3 8 221 127 24 565 897 41 1,555 3,164 l60 166 133 205 98 75 79 305 101 230 91 96 389 io4 54 51 153 159 92 87 166 1,418 103 1 11 7 12 4 9 2 1 l 2 On s e c u r i t i e s All other "Investments - t o t a l U. S . G o v ' t , s e c u r i t i e s Other s e c u r i t i e s R e s e r v e w i t h 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 f r o m "banks Due to b a n k s B o r r o w i n g s from F . R. Bank 203 16 I,34I 267 127 lis 45 6 336 ISO 53
@FedFRASER