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STATEMENT FOR THE PRESS b~804 For immediate r e l e a s e Federal Reserve Board September 18, 1933* CONDITION OF WEEKLY REPORTING MEMBER BAHCS IN 90 LEADING CITIES The Federal Reserve Board'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 90 l e a d i n g c i t i e s on September 13 shows i n c r e a s e s f o r the week of $178,000,000 i n n e t demand d e p o s i t s , $86,000,000 i n r e s e r v e b a l a n c e s i n Federal Reserve banks and $ 5 8 , 0 0 0 , 0 0 0 i n l o a n s , a n d d e c r e a s e s of $39»000,000 i n h o l d i n g s of United S t a t e s Government s e c u r i t i e s •and $11,000,000 i n time d e p o s i t s . Loans on s e c u r i t i e s i n c r e a s e d $21,000,000 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 $25,000,000, at a l l r e p o r t i n g member banks. "All other" l o a n s i n c r e a s e d $ 1 4 , 0 0 0 , 0 0 0 i n the New York d i s t r i c t , $ 8 , 0 0 0 , 0 0 0 i n the Chicago d i s t r i c t , $6,000,000 i n the Boston 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. Holdings of Unit'ed S t a t e s Government s e c u r i t i e s d e c l i n e d $ 1 0 , 0 0 0 , 0 0 0 i n the St. Louis d i s t r i c t , $ 7 , 0 0 0 , 0 0 0 i n the New York d i s t r i c t , $ 6 , 0 0 0 , 0 0 0 each i n the Boston and San Francisco d i s t r i c t s and $39,000,000 a t a l l r e p o r t i n g member banks. Holdings of other s e c u r i t i e s show a small r e d u c t i o n f o r the week. Borrowings of weekly r e p o r t i n g member banks from Federal Reserve banks aggregated $ 2 2 , 0 0 0 , 0 0 0 on September 13, the p r i n c i p a l change for the week b e i n g a decrease of $ 6 , 0 0 0 , 0 0 0 a t the Federal Reserve Bank of San F r a n c i s c o . Licensed member banks formerly i n c l u d e d 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 , but not now included i n the weekly statement, had t o t a l l o a n s and i n v e s t m e n t s of $ 8 7 1 , 0 0 0 , 0 0 0 and net demand, time, and Government d e p o s i t s of $ 9 1 2 , 0 0 0 , 0 0 0 on September 13, compared with $884,000,000 and $877»000,000, r e s p e c t i v e l y , on September 6 . 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, i n 90 l e a d i n g c i t i e s , that are i n c l u d e d i n the statement, together with changes f o r the week and the year ended September 13, 1933> f o l l o w s : * (In m i l l i o n s of d o l l a r s ) Sept. 13,1933 Loans and investments - t o t a l + 18 + 85 + 58 - 707 3,773 4,823 + 25 - 234 7,98'4 - 4o + 792 5,044 2,940 - 39 + + 761 1,876 195 + 86 + 4 •f + 167 10,558 +17S - 11 + 45 16,580 Loans - t o t a l On s e c u r i t i e s A l l 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 Dae from banks Due to banks Borrowings from F. R. Banks I n c r e a s e or decrease s i n c e S e p t . 6,1933 S e p t . 14,1932 4,484 + 33 - l 2,589 22 + 67 + 68 - 5 31 5 71 732 S65 1,227 473 — - 127 23s 88 Federal Reserve Board September l 4 , 1933 For immediate r e l e a s e CONDITION' OF WEEKLY REPORTING MEMBER BASICS IN CENTEAL RESERVE CITIES ( I n m i l l i o n s of d o l l a r s ) S e p t . 13 Sept. 6 S e n t . 14 1933 1933 1932 Loans and i n v e s t m e n t s - t o t a l 6,744 6,711 6,599 Loans - t o t a l 3.444 3,405 3,493 1,820 1,686 1,624 1,795 1,610 1,'iOO 3,206 3,106 NEW YORK On s e c u r i t i e s A l l 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 1,807 2:257 2,108 i,o4s 1,049 998 903 3s 847 957 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 5,296 761 388 5,200 380 816 64 Dae from banks Due to "banks 1,181 67 66 1,130 69 1,300 2,252 Reserves with F. R. Bank Cash i n v a u l t Borrowings from F. R, Bank 38 757 5,295 — w. — Loans on s e c u r i t i e s to "brokers and d e a l e r s : For ovm account For account of o u t - o f - t o w n banks For account of o t h e r s Total 43 790 92 761 96 408 9 20 5 890 6o4 866 433 58O 313 1,207 1,201 1,194 686 678 774 8 On demand On time 28b 286 120 CHICAGO Loans and investments - t o t a l Loans - t o t a l 335 351 $ 453 «S21 523 420 300 221 301 222 226 194 % 313 197 17 1,010 349 61 970 816 328 Dae from "banks Dae to "banks 261 272 246 Borrowings from F. R. Bank — On s e c u r i t i e s A l l 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 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 27 353 61 263 321 6 242 275 4 (B-804b) For immediate r e l e a s e PRINCIPAL ASSETS AST LIABILITIES OJ WEEKLY REPORTING MEMBER 3A%S II? 90 CITIES, BY DISTRICTS, Oil SEPTEMBER 13, 1933 B-804b ( i n m i l l i o n s of d o l l a r s ) District Reserve Total Loans and i n v e s t m e n t s - t o t a l Boston I Hew iYork 16.580 Loans - t o t a l On s e c u r i t i e s .,,11 other Investments — t o t a l T JV S . Govt, 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 E. R. Bank Cash i n v a u l t ITe b demand d e p o s i t s Time d e p o s i t s Goveraaent d a p e s i t s Doe from banks Dae to banks Borrowings from F . R», Bank 1.216 I Phila01 e v e - I Rich-' j_\tlanta! Chicago ' mond i 1 d e t o h i a land 7.644 l.Oll 22L__MB MinnSt. Louis j e a p o l i s Kansas Ci ty 1.115 .115 126 1.518 J±Z2 JgL 509 466 174 176 >0< 230 183 213 88 156 3,773 2,050 l,93S 254 261 231 235 60 ll4 59 4,823 250 443 117 396 471 142 50 133 .7,9# -523- iJOi 51b 64q 161 150 651 242 144 296 5,044 2,940 32S 195 2,4i4 270 444 93 52 384 267 140 102 85 205 113 48 59 188 108 1,876 195 63 57 1,292 246 104 19 946 27 10 6 35s 36 53 6 28 12 70 17 20 49 79 5 12 5,684 184 1,182 468 280 loO 31 74 24 191 125 418 145 133 354 44o 61 537 312 89 511 4,.4B4 710 393 1,227 2,539 100 147 91,233 64 55 311 329 60 79 I R # 22 1,177 10 1 : 130 49 8 68 3 122 h 5 164 15 116 69 157
@FedFRASER