The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
S T A T 3 M T FOB, TEE PRESS Board of Governors of the Federal Reserve System October 7, 1935. For Immediate relea.se CONDITION OF WEEKLY REPORTING MUSSM BAHK5 IS LEADI1TG CITI3S The c o n d i t i o n statement of weekly reporting member banks i n $1 l e a d i n g c i t i e s on October 2, i s s u e d by the Board of Governors of the Federal Reserve System, shows decreases f o r the week of $46,000,000 in t o t a l loans and investments, $79>000,000 in net demand d e p o s i t s and $37>000,000 in r e s e r v e balances with Federal Reserve banks, and an increase of $20,000,000 i n time d e p o s i t s . Loans on s e c u r i t i e s to brokers and dealers i n Hew York increased $21,000,000, loans to brokers and d e a l e r s o u t s i d e ITew York increased $ 7 , 0 0 0 , 0 0 0 , and other loans on s e c u r i t i e s increased $16,000,000 i n the ITew York d i s t r i c t and $12,000,000 a t a l l reporting member banks. Holdings of acceptances and commercial paper bought showed no net change f o r the week, r e a l e s t a t e loans increased $ 6 , 0 0 0 , 0 0 0 i n the San Francisco d i s t r i c t and $5,000,000 a t a l l reporting member banks, and "other loans" d e c l i n e d $14,000,000 i n the Hew York d i s t r i c t and $ 1 , 0 0 0 , 0 0 0 a t a l l reporting 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 d e c l i n e d $40,000,000 in the ITew York d i s t r i c t , $13,000,000 i n tile Chicago d i s t r i c t and $45,000,000 at a l l reporting member banks, and increased $11,000,000 i n the Minneapolis 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 showed no not change f o r the week. Holdings of other s e c u r i t i e s d e c l i n e d $4-0,000,000 in the ITew York d i s t r i c t and $45,000,000 a t a l l reporting member banks. Licenced member banks formerly included i n the condition statement of member banks i n 101 leading c i t i e s , but not now included i n the weekly statement, had t o t a l loans and investments of $ 1 , 3 0 4 , 0 0 0 , 0 0 0 and n e t demand and time d e p o s i t s of $ 1 , 3 9 8 , 0 0 0 , 0 0 0 on October 2, compared with $1,294,000,000 and $ 1 , 4 2 1 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , on September 25, 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 reporting member banks, in 91 leading c i t i e s , that are now included i n the statement, together with changes f o r the week and the year ended October 2, 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 ) Oct. 2, 1935 Increase or decrease s i n c e S o o t 25,1935 Oct. 3, 1934 19.080 -46 +1,269 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 2.986 +4o • 846 159 1,981 +21 +7 +12 +177 +11 -249 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other loans 312 960 3.29s +5 -1 -152 -24 -I 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 7,588 -45 +952 2,955 J+5 Reserve with F . R. banks Cash i n vault 4,029 299 -37 -13 +1,138 16,308 -79 +20 •*8 +3,225 ~4i -425 +38 +125 +454 +991 Loans and investments - t o t a l Net demand d e p o s i t s * Time deposits Government d e p o s i t s Duo f r o n banks Due to banks Borrowings from F. R. banks 981 % 1,969 4,821 -61 +547 +8 443 •-*1 •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 Systen October 3, 1935 For immediate r e l e a s e CDivDITIOlI OF WEEKLY REPORTING- MEMBER BANKS III CENTRAL RESERVE CITIES (In m i l l i o n s of d o l l a r s ) NEW YORK Oct. 2 1925 , Sept. 25 1925 Oct. 3 1934 I Loans and investments - t o t a l 7,S2%. 7.862 7.077 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 Now York Outside New York To others 1.621 1.584 _1,4QI. 321 800 56 728 541 49 811 135 123 1,259 241 136 1*247 Acceptances and commercial paper bought Loans on real e s t a t e Other loans ?s 742 136 1,243 *366 1,103 2,794 221 1,037 Reserve with F. B. bank Cash i n vault 2,223 50 1,399 39 Net demand d e p o s i t s * Tine d e p o s i t s Government d e p o s i t s 293 8,313 595 297 29 2,156 91 2,085 64 1,600 1.777 1,794 1,532 189 233 1 27 l6l 24 21 188 21 16 236 55 21 250 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 Dae from banks Due to banks M e 1,065 3 6 1 £ 600 Borrowings fron 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 27 l60 Acceptances and commercial paper bought Loans on real e s t a t e Other loans 239 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 9^7 95 272 961 94 277 678 77 218 Reserve with F. R. bank Cash i n vault U90 35 499 35 432 35 1,740 403 65 1,759 403 65 1,457 359 32 220 526 213 528 152 423 Net demand d e p o s i t s * Time deposits Government d e p o s i t s Due f r o n banks Due to banks 20 16 Borrowings from F. R. bank — •Figures subsequent to Aug. 23, 1935 include Government d e p o s i t s . (B-804a) For immediate r e l e a s e PRINCIPAL ASSETS A1ID LIABILITIES OF WEEKLY HEP0HTI1TG- MEMBER BANKS EST LEADING CITIES, BY DISTRICTS, Oil OCTOBER 2, 1935 ( I n m i l l i o n s of d o l l a r s ) Federal i Phi l a - Cleve- (Eichjdelphia land |mond 1 Total Boston | B-804b Hew York District Reserve | 1 S t . ! Hi mi- jKansas San Dallas |Chicago j jAtlenta ^ Francisco Louis j e a p o l i s j City 19,080 1,168 8,690 1,098 1,260 357 347 2,195 551 373 617 433 1,991 Loans ©a 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 Uew York To o t h e r s a , 986 184 1,793 179 lo2 50 41 222 61 34 46 4o 174 846 159 1,981 4 27 153 827 60 906 ""4 57 2 32 1 39 10 164 Acceptances and commercial paper bought Loans on r e a l e s t a t e Other l o a n s 312 9^0. 3*298 4o 86 282 139 240 1,383 169 U.S.Govt, direct obligations 7*588 O b l i g a t i o n s f u l l y guaranteed by U.S.Govt. 981 Other s e c u r i t i e s 2,955 393 19 164 3,493 397 1,245 4,029 299 213 95 16,30s 4,430 669 1,969 4,821 Loans and investments - t o t a l Resettles-- with F . S . backs Cash i s f 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 P . 3 , bank — \l 1 6 156 1 49 3 38 1 28 193 4 J§ 6 17 78 3 12 105 29 30 314 10 37 110 8 5 126 $ 124 2 21 117 23 358 3% 284 91 283 651 3^ .195 116 31 59 110 21 55 1,167 108 325 202 4l 90 137 18 45 242 47 119 158 635 124 330 2,331 61 176 13 166 19 76 11 1 5%o 44 99 10 1 95 11 61 8 185 17 1,003 308 24 8,7^6 1,015 325 868 Z 784 474 37 250 138 7 224 133 18 2,031 554 78 432 169 16 261 124 7 516 156 12 332 121 25 S61 961 84 128 223 181 2,220 176 287 146 208 100 121 99 ill 310 635 117 203 104 105 250 330 i4s 146 210 232 — — ; 152 ]l — — — ^ I n c l u d e s Government d e p o s i t s , — •— —— • — —— —
@FedFRASER