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STATEMENT FOR THE PRESS s t . 6727 Federal Reserve Board, September 22, 1930. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BANKS IN 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 tanks i n l e a d i n g c i t i e s on September 17 shows i n c r e a s e s f o r the week of •$55,000,000 i n loans ar.d investments and $182,000,000 i n Government d e p o s i t s , of which none were r e p o r t e d on September 10, and decreases of $82,000,000 i n net demand d e p o s i t s , $30,000,000 i n time d e p o s i t s and $9,000,000 i n "borrowings from Federal r e s e r v e banks. Loans on s e c u r i t i e s , which a t a l l r e p o r t i n g "banks were $72,000,000 above the previous week's t o t a l , i n c r e a s e d $28,000,000 i n the Chicago d i s t r i c t , $21,000,000 each i n t h e New York and San Francisco d i s t r i c t s and $6,000,000 i n the Boston d i s t r i c t . "All o t h e r " loans i n c r e a s e d $14,000,000 i n the New York d i s t r i c t and declined $12,000,000 i n t h e Boston d i s t r i c t , a l l r e p o r t i n g "banks showing a net reduction, of $3,000,000. Holdings of U. S. Government s e c u r i t i e s i n c r e a s e d $15,000,000 i n , t h e Cleveland d i s t r i c t , $11,000,000 i n the A t l a n t a d i s t r i c t , $10,000,000 i n the Richmond d i s t r i c t , $9,000,000 i n the Dallas d i s t r i c t and $17,000,000 a t a l l r e p o r t i n g "banks, and declined $22,000,000 i n the Chicago d i s t r i c t and $11,000,000 i n . t h e New York d i s t r i c t . Holdings of o t h e r s e c u r i t i e s declined $7,000,000 i n the New York d i s t r i c t and i n c r e a s e d $5,000,000 i n the Cleveland d i s t r i c t , a l l r e p o r t i n g "banks showi n g a nominal 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 amounted to $28,000,000 on September 17, a net r e d u c t i o n of $9,000,000 f o r the week. 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 hanks, t o g e t h e r with changes during t h e week and the year ending September 17, 1930, 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 ) Sept. 17,1930 I n c r e a s e or decrease since Sent, 10.19% S e p t . 18.1929 Loans and investments - t o t a l 23,250 + 85 + 508 Loans - t o t a l 16,881 + 69 - 8,4o4 8,477 + - + 71S -1,090 6,369 + 16 + 880 2,932 3,437 + 17 1 + + 667 1,836 204 + 19 - 12 + - 82* - 30 + 182 + 439 + 643 45 + 111 + 152 + 524 843 - - 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 Due from "banks Due to "banks Borrowings from F, R, Banks 13,61s 7,448 182 1,680 3,590 28 72* 3* 9 273 115 32 645 *Sept, 10 f i g u r e s r e v i s e d . Federal Reserve Board September I S , 1930. ~For immediate r e l e a s e COraiTKB OP FTOLI HEPOBTIUC- MEMBIE EAJES IN CENTRAL RESERVE CITIES (In m i l l i o n s of d o l l a r s ) Sept. 17 1930 Sept. 10 J£10_ Sept. 18 192% Loans and investments - t o t a l 8,053 8,0% 7,542 Loans - t o t a l 5,970 5-933 5,814 3,541 2,429 3,523 2,409 2,894 2,920 2,088 2,109 1,729 1,069 1,018 1,083 1,026 950 779 800 46 750 50 SEW 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 with F. R. Bank Cash i n v a u l t 809 43 Met demand d e p o s i t s Time deposi t s Government d e p o s i t s 5,526 1,403 46 Dae from hanks Dae t o banks 101 1,109 Borrowings from F. R. Bank Loans on s e c u r i t i e s to brokers and d e a l e r s : For own account For account of out-of-town banks For account of o t h e r s Total On demand On time 1% 85 1,017 115 885 142 - - 1,649 83d 746 l,6i4 3,222 2,631 591 5,193 1,223 65 2,542 602 1.046 1,897 3|626 6T%9 6,210 359 110 759 3,143 CHICAGO Loans and investments - t o t a l 2,028 2,031 1,912 Loans - t o t a l 1,584 1,559 1,554 966 618 940 619 853 701 444 471 358 165 280 193 27s 160 198 191 12 184 13 168 15 1,265 669 6 1,285 669 1,225 548 16 187 366 165 *363 130 324 1 1 37 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 Reserve with F. R. Bank Cash i n v a u l t $Fet demand d e p o s i t s Time deposits Government d e p o s i t s Dae from banks Dae to banks Borrowings from F. R. Bank *Revl&ed (iU:_^7~?7a) For immediate r e l e a s e PRINCIPAL RESOURCES AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT ON SEPTEMBER 17, 1930 S t . 6727b ( I n m i l l i o n s of d o l l a r s ) Total Boston Federal PhilaNew York d e l p h i a Cleveland Reserve RichA t l a n t a Chicago mond St. Louis Dist i r i o t Minn- Kansas Dallas e a p o l i s City San Francisco Loans and i n v e s t m e n t s - t o t a l 23,250 1,511 9,322 1,292 2.309 659 6o4 3.399 662 371 662 452 1.927 Loans - t o t a l 16, SSI 1,139 6,262 94l 1.507 467 452 2.630 511 247 424 , 337 1.365 2,4o4 8,477 502 631 3,987 2,276 429 451 745 762 179 227 149 302 1,334 1,296 235 276 167 130 294 101 236 467 292 6,369 372 2,465 358 202 193 152 769 152 125 232 115 623 2,932 3,437 l4g 223 1,192 1,267 22 269 395 407 27 105 76 76 331 432 34 124 % 101 137 % 334 222 1,836 204 99 15 277 55 87 12 144 27 4l 11 39 9 275 31 44 6 26 5 56 10 35 7 111 17 13,612 7,442 122 271 % 6,131 1,969 52 38 13 1,145 1,037 22 342 256 17 311 241 20 1.917 1,336 10 371 239 2 232 133 1 427 210 3 225 14B 12 757 1,007 10 1,620 3,590 22 132 162 1,192 87 233 146 321 22 114 25 106 303 536 62 122 72 29 212 245 116 ll4 245 320 28 2 3 1 2 4 7 1 5 a 1 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 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 hanks Due t o hanks Borrowings from F. R. Bank - -
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