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STATEMENT FOR THE PRESS
For immediate r e l e a s e
Board of Governors
of the Federal Reserve System
September 9, 1935*
CONDITIO! OF WEEKLY REPORTING- MEMBER BANKS IN LEADING CITIES
The condition statement of weekly r e p o r t i n g member banks i n 91 leading c i t i e s
on September 4, issued by the Board of Governors of the Federal Reserve System, shows
increases f o r the week of $81,000,000 i n t o t a l loans and investments and decreases
of $116,000,000 in reserve balances with Federal Reserve banks, $31*000,000 in n e t
demand deposits and $7,000,000 in time deposits*
Boans on s e c u r i t i e s to brokers and d e a l e r s i n New York increased $43,000,000
a t r e p o r t i n g member banks in t h e New York d i s t r i c t and $45*000,000 a t a l l r e p o r t i n g
member banks; loans to brokers and d e a l e r s outside New York increased $10,000,000;
and loans on s e c u r i t i e s to o t h e r s increased $3,000,000, Holdings of acceptances
and commercial paper bought and r e a l e s t a t e loans showed l i t t l e change f o r the week,
while "other loans" declined $19,000,000 i n the New York d i s t r i c t , $ 9 , 0 0 0 , 0 0 0 in the
Chicago d i s t r i c t and $12,000,000 a t a l l r e p o r t i n g member banks, and increased
$6,000,000 in the San Francisco d i s t r i c t *
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 declined $10,000,000
i n the New York d i s t r i c t and $11,000,000 in the San Francisco d i s t r i c t , and i n creased $7,000,000 each i n the Chicago and S t . Louis d i s t r i c t s , a l l r e p o r t i n g member banks showing a n e t i n c r e a s e of $5,000,000 f o r the week. Holdings of o b l i g a tions f u l l y guaranteed by the United S t a t e s Government increased $11,000,000 in the
New York d i s t r i c t , $8,000,000 i n the P h i l a d e l p h i a d i s t r i c t and $42,000,000 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 increased $10,000,000 i n the
New York d i s t r i c t , and declined $14,000,000 in the San Francisco d i s t r i c t and
$9,000,000 a t a l l r e p o r t i n g member banks.
Licensed member banks formerly included in 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 $1,258,000,000 and net demand and time d e p o s i t s of
$1,391,000,000 on September 4 , compared with $1,267,000,000. aiid $1,417,000,000, r e s p e c t i v e l y , on August 28,
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, in 91 leading c i t i e s , t h a t are now included in the statement, together with
changes f o r the week and thb year ended September 4, follows:
( I n m i l l i o n s of d o l l a r s )
Sept. 4, 1935
Loans and investments - t o t a l
Increase or decrease since
m28,1935 Sept. 5.1934
18.6l4
+81
+859
Loans on s e c u r i t i e s - t o t a l
To brokers and dealers:
In New York
Outside New York
To others
3,957
+58
•*253
823
162
1,972
+45
+10
:+3
+66
-14
-305
Acceptances and commercial paper bought
Loans on r e a l estate
Other loans
296
946
3.189
-1
-2
-12
-147,
-42
-59
U. S. Government direct obligations
Obligations f u l l y guaranteed by U.S.Govt,
Other s e c u r i t i e s
7.315
969
2,942
+5
+42)
-9)
+795
Reserve with F. R, banks
Cash in vault
4,013
297
-116
—8
Net demand deposits*
Time deposits
Government deposits
Due from banks
Due to banks
15,919
"•SS
-31#
-7
-32
+11
+109
+1
Borrowings from F. R. banks
1
•Figures subsequent to August 23. 1935, include Government d e p o s i t s ,
Digitized for #August
FRASER
28 f i g u r e s r e v i s e d ,
+565
+1,089
+61
+2,971
-120
—603
-*04
+904
• -5
.
(B-804)
For immediate release
Board of Governors
of the Federal Reserve System
September 5, 1935#
CONDITIO!! OF WEEKLY REPORTING^ MEMBER BAMS IN CENTRAL RESERVE CITIES
( l a millions of dollars)
Sept, 4
-1225—
Aug* 28
J22L.
Sept. 5
191%
Loans and investments - total
7,530
7,5%?
7.186
Loans on s e c u r i t i e s - t o t a l
To brokers and dealers:
In New York
Outside Hew York
To others
1.584
1,53%
1.505
79%
58
732
56
727
621
5%
830
Acceptances and commercial paper bought
Loans on real estate
Other loans
126
122
1,182
129
122
1,202
241
137
1,234
U . S . Government direct obligations
Obligations f u l l y guaranteed by U.S.Govt,
Other s e c u r i t i e s
3.125
371
1,070
3,136
2,827
i
1,242
Reserve with F. R. bank
Cash in vault
2,250
45
Net demand deposits *
Time deposits
Government deposits
8,063
595
230
8,100
603
247
6,284
661
598
Due from banks
Due to banks
94
2,089
95
2,055
59
1,571
HEW YORK
7
Z
1.332
38
Borrowings from F. R, bank
——
CHICAGO
Loans and investments - t o t a l
1,766
1.761
1.^3%
, 190
238
21
26
191
Loans on s e c u r i t i e s - t o t a l
To brokers and dealers:
In Now York
Outside New York
To others
1
29
164
1
25
164
Acceptances and commercial paper bought
Loans on real e s t a t e
Other loans
21
15
235
21
15
247
U, S, Government direct obligations
Obligations f u l l y guaranteed by U.S.Govt.
Other s e c u r i t i e s
939
88
27%
«!
272)
58%
301
Reserve with F. R. bank
Cash in vault
473
35
483
35
51%
36
1,729
383
23
231
522
1.737
382
29
229
50s
1,%31
373
32
Not demand deposits *
Time deposits
Government deposits
Due from banks
Dae to banks
%%
21
2%6
m
Borrowings from F. R. bank
(B~80%a)
•Figures subsequent to August 23,
1935» include Government
deposits.
For immediate r e l e a s e
PRINCIPAL ASSETS AND LIABILITIES OF WEEKLY REPORTING- MEMBER BANKS IN LEADING CITIES, BY DISTRICTS, ON SEPTEMBER 4 , 1935
B-804b
( I n m i l l i o n s of d o l l a r s )
Total
Boston
New
York
Federal
P h i l a - Clevedelphia^ land
Reserve
Rich- A t l a n t a Chicago
mond
342
60S
427
1,898
229
59
33
46
42
171
38
1
31
197
4
55
2
31
1
4i
10
l61
6
2
24
22
343
339
238
46
119
160
ul
583
116
324
S
97
II
63
8
188
17
1,261
352
338
2.178
1,751
182
166
49
4l
5
28
155
798
60
893
15
13
154
296
946
3,189
38
87
278
129
237
1,319
22
U. S . Govt, d i r e c t o b l i g a t i o n s
O b l i g a t i o n s f u l l y guaranteed by U.S.Govt,
Other s e c u r i t i e s
7,315
969
2,942
360
18
269
166
3,3^2
4oo
1,257
Reserve with F . R» banks
Cash i n v a u l t
4,013
297
244
95
15,919
4,380
486
1,901
4,684
1.135
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 o t h e r s
2,957
188
823
162
1,972
Acceptances and commercial paper bought
Loans on r e a l e s t a t e
Other loans
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
I
I
157
1
48
6
72
144
16
76
2
12
103
29
30
308
10
37
101
276
648
36
189
112
3%
59
105
23
52
1,158
100
324
%
2,310
57
164
13
165
19
71
12
48
6
993
312
30
8,504
832
282
31
246
138
223
2,01
53
38
421
$
239
124
6
509
156
10
328
122
19
819
943
47
119
212
184
2,157
151
270
130
212
93
320
634
106
108
97
232
313
143
137
219
234
x%
23
6
6
4
1$
in
Borrowings from F . R. bank
District
Minn- Kansas {Dallas San
Francisco
e a p o l i s . City
•m
8,435 1,081
18,6l4
Loans and investments - t o t a l
St.
Louis
•Includes Government d e p o s i t s .
%
uS
123
90
a
81
10
5
193
42
24
14
121
112
@FedFRASER