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STATEMENT FOR THE PRESS ™ . a. . s t . 6310 xnmediate release Federal Reserve Board September 9, 192$. CONDITION OF WEEKLY REPORTING MEMBER BANKS H LEADING- CITIES The Federal Reserve Board's condition statement of weekly reporting zeniber tanks in 101 leading c i t i e s on September 4 shows increases for the week of $186,000,000 in loans and investments, $199,000,000 in net demand deposits, $42,000,000 in time deposits and $76,000,000 in "borrowings from Federal reserve banks, and a decrease of $26,000,000 in Government deposits. Loans on s e c u r i t i e s increased $117,000,000 at a l l reporting banks, $122,000,000 xn the New York d i s t r i c t , $9,000,000 in the Boston d i s t r i c t and $7,000,000 in the Cleveland d i s t r i c t , and declined&1,000,000 in the Chicago d i s t r i c t and $6,000,000 in the Dallas d i s t r i c t . "All other" loans increased $4$,000,000 in the New York d i s t r i c t , $11,000,000 in the Boston d i s t r i c t , $9,000,000 each in the Chicago and Dallas d i s t r i c t s , $p, 000,000 in the Cleveland d i s t r i c t and $84,000,000 a t a l l r e porting "banks. Holdings of U. S. Government securities declined $8,000,000 and of other securit i e s $7,000,000. Net demand deposits, which a t a l l reporting banks were $199,000,000 above the August 28 t o t a l , increased in nearly a l l d i s t r i c t s , the principal increases by dist r i c t s being: New York $130,000,000, Boston $2$,000,,000, Chicago $16,000,000, Philadelphia and San Francisco $8,000,000 each and Atlanta $6,000,000. Time deposits increased $15,000,000 in the New York d i s t r i c t , $9,000,000 in the Chicago d i s t r i c t , $8,000,000 in the Boston d i s t r i c t and $42,000,000 at a l l reporting banks. The principal changes in borrowings from Federal reserve banks for the week comprise increases of $64,000,000 a t the Federal Reserve Bank of New York, $13,000,000 at San Francisco, $9,000,000 at Kansas City and $6,000,(500 each at St. Louis and Cleveland, and decreases of $2$,000,000 at Chicago and $6,000,000 at Boston. A summary of the principal assets and l i a b i l i t i e s of weekly reporting member banks, together with changes during the week and the year ending September 4, 1929, follows: (in millions of dollars) Increase or decrease since Sept. 4.1929 Aug. 28.1929 Sept. 5. 1A28 Loans and investments - t o t a l 22,591 + 186 + 758 Loans - total 17,150 + 200 +1,244 7,632 9,518 4- 117* + 84* + + 772 472 5,44i - - 486 2,699 - 1,675 24O + + On securities 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 in vault Net demand deposits Time deposits Government deposits Dae from banks Dae to banks Borrowings from F. R. Banks C 2,741 13,184 6,808 11 1,115 2,722 761 15 8 7 12 2 - + 16 7 + + T + + 83 + 182 + 26 + 222 266 76 •August 28 figures revised. 165 20 83 6 186 64 Federal Reserve Board September 5> 19^9 For immediate r e l e a s e CCETDITTOS OF WEEKLY REPORTING LQKBSE BAMS 111 CSTTRAl RESERVE CITIES (In millions of dollars) Sept. 4 Aug. 28 Sept. 5 192s 1929 192? HEW YORK Loans and investments - t o t a l 7,546 7,383 7,03s5.353 3+686 2,944 2,90s 2,819 2,867 e 2,690 1,693 1.697 1,772 943 946 751 1,025 717 52 *702 686 5,230 1,206 3 85 885 5,106 1,189 9 84 820 217 153 1,103 1,784 3.467 6,354 6,005 349 992 1,756 3.468 6,217 5,872 345 4,289 3,482 807 Loans and investments - t o t a l 2,037 2,046 2,032 Loans - t o t a l 1,643 1,650 1,567 910 733 925 725 845 722 394 396 464 162 232 162 234 210 255 171 16. 175 15 181 675 1 1,251 670 3 1.245 678 8 162 # 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 Reserve with F. R. Bank Cash in vault Net demand deposits Time deposits Government deposits Dae from "banks Dae to hanks Borrowings from F. R. Bank Loans on s e c u r i t i e s to brokers and dealers: For own account For account of out-of-town "banks For account of others Total On demand On time 750 5,266 2,576 747 51 53 5,110 1,172 16 86 935 260 907 1,522 1,861 CHICAGO 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 in vault Net demand deposits Time deposits Government deposits 1,25s Dae from "banks Dae to "banks 316 Borrowings from F. R. Bank 1 •Revised. C 17 29a 23 ( S t . 6310a) 160 341 42 For immediate release St. 6310b PRINCIPAL RESOURCES AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN BACH FEDERAL RESERVE DISTRICT ON SEPTEMBER 4, 1929 (In millions of dollars) Total Boston New York Phila. Federal Cleve. Rich. Reserve jAtlanta Chicago St. Louis District Minn- Kansas Dallas eapolis City San Fran. Loans and investments-total 22,591 1,512 8,788 1,237 2,185 672 643 3,34l 694 Woo 704 478 1,937 Loans - t o t a l 17,150 1,174 6,799 931 1,556 514 517 2,669 531 278 468 357 1,355 7,632 9,518 489 685 3,374 3,426 481 450 829 727 198 316 150 367 1,239 1,430 238 293 89 189 133 335 262 J5 418 936 5Ml 338 1,989 306 629 157 126 671 163 122 236 121 582 l 94 212 302 327 84 67 365 53 110 68 54 ill 124 128 30 Uo 1% 38 . 10 245 43 7 1 1,056 945 1 345 244 363 1 1,886 1,270 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 in vault Net i^ciand deposits Time deposits Government deposits Dae from tanks Due to "banks Borrowings from F. R. Bank Digitized forCFRASER 2,6?9 2,7%1 * 171 167 l $ 11 11 337 245 61 34 8 108 19 225 232 132 504 184 279 143 l 772 963 1,675 24o 95 18 781 67 13,184 6,808 11 902 464 1 5,822 l,74l 3 1,115 2,722 52 115 12g 942 158 90 207 49 93 74 96 231 443 50 102 55 83 117 211 58 83 152 188 761 52 255 54 54 30 52 6l 53 25 34 34 58 704 265 1 60 317 234 39 11 2
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