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·FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE TO
X-3914
5,
THE FEDERAL RESERVE BOARD
Janua.ry
SUBJECT:
Fo:reign and Inte:rna.tional Banking Institutions;
Report of ConJ i tion a.s a.t the Close of Business,
December 31, 1923·
Dea.r. Sir:
Unda:r. authority of tha a.greemant entered into by your
corpo:ra.tion with the Federal Reserve Boa.rd. you a.re he.reby :re.::.
spectfully :requested to furnish the BoarJ with a. :re~ort of cond it ion, a.s a.t the cl os e of business De cembe:r. 31 , 1923 , giving in
deta.il all a.ssets and lia.bilities of your co:rpo:ra.tion and the
da.ta. a.sked for in the a.ccompanying memo:r.andum.
Kindly a.rrange to file the report of your HaaJ office
and domestic branches combined a.s se>cm as possible. Sepa.:r.a.te
N];Jorts of foreign branches and a.ffilia.ted l;lanks should be sent
a.s soon a.s they a.re received by you. It will be a.pp:r.ecia.ted if,
a.fter the repo:ets ha:ve been received from all of your foreign
branches and a.ffilia.ted banks, you will have prepared a. consolida.ted sta.tement of your corpora.tion to be sent to the Boa.:r.d.
While the Boa.rd has ruled tha.t no specific reserve· ha.s
to be ca:t-:ried by foreign branches or a.ffilia.ted institutions of
.Arr:.e:rica.n banking corpora.tions aga.inst deposits a.b:r.oa.J, it, :nevertheless, wishes to be advised a.s to the average reserve carried
by all suc}l branahes a.nd affiliated institutions or corpora.tions
which a.:t'e opet'a.ting under a.gteement \t/ith the Fede:ral Reserve
Board. You are, therefore 1 requested to have each of your foreign
branches, a.gencies, offices and subsidiary banks fu:mish you,
for t:ransmission to the Boa.rd, a. report of the avera.ge :reserve
ca.rried during the month of December, 1923, ag::dnst Jeposit
lia.bili ties in the form shown in the a.ccompaeying memorandum.
Kindly acknowledge receipt.
Very truly yours,
Governor..
(Enclosure)
192~.
·-·
X- 3914a.
HEPOHT OF CONDITION TO FEDEL\L
RESER"IJ'E BO.AJU) •
The following information is desirad in connection with the -report of
condition to be ma.de a» EJt close of business
1. Detailed balance sheet showing all ::>saets 2nd li.3bili ties, including
contingent liabilities. It is requested that the items fo:r. which detailed schedules are :requested below be shown as sep9:r:;te 9CCOU."lts on
the balance sheet.
2. Amount of loans
(a)
(b)
(c)
3·
;md discounts, divided: Secured -· Unsecu-red
Derrc:md
TiLe
Overd:cafts and othex- advances
Total
Detailed list of invest;.~ents (including atock of offiliated institutions) showing:
(a.) I.s"'ui:ng Gove:rnrr.ent o:r corporation
(b) Interest rate
(c) Ivb tu.ri ty
(d) Par va.lue
(e) Book value
(f) Approximate market value
4. Ownex-ship of stock of a.ffil iated institutions:
(a)
(b)
(c)
Per cent owned by yourselves
Per cent owned by foreign Governments
Per cent owned by individuals 9nd cox-po:rations
5~ List of banks, branches, etc. having bala.nces due to you.'t' corpo:rat ion
with amount fox(a)
(b)
(c)
(d)
6.
each bank sepa.rately:
Government bank
Domestic banks
Foreign banks
Fo:rei€:,'11 bx-:mches, agencies and affiliated institutions
List of banks, br3nches, etc. having balances due from your corpox-ation
with amount fo:r each bank sepax-ately:
(a) Dome::;tic banks
(b) Foreign banks
(c) Foreign bx-anches, agenci<;;;;; and affiliated institutions
•
X-3914a.
- 2 -
7. 3ills payable: (Primary oblig:1tion'-i of
Y'·3po rting corpo'·a.tion rep:resent-
int, mon:;y borrowed)
C,) Payable to:
(b) "'x.·ount
(d)
Interdst r~te
Ihtur,ity
(a)
Collataral - give list
(c)
::t.
Redisc~mti> (other
(a)
than
Amount
a.ccept;;,nc:~s solCl JJi t'h i::mo.or.s0m.:mt):
Co)
(c)
!1at\ll'ity
(d)
'7itil ,;norr,
(~·)
Secured or ,.m.oecured- i f s.;;cur:;o., giv;J d..;;tail:;d inforrru.tion r..::garu.in,_:, secu.ri ty.
Rat3
9- Total liability for acc-3pt:mc2s sold
·:1itn ona.or"'.:=;rr:::mt:
10- Deposits in the Unitc:ti St:1t.:s:
(a) Nat dem:mu. ueposi ts (aftar J.;;JO.uctin<:S uncoll:3ctad derrand items payabl::; ·Nithin United States - excb.a.rle;es)
$
Rec>crve B3quired. $·_- - - - - - - (b) Time DepO'; i_ ts ~·
Re sarve Required ~'-~--(c) Tot :::.1 Res..;rv, requireu. at,a.inst u~posit 1 iabih ty $___
Raserva hald:
(d)
(e)
(f)
(g)
Cash on hana. ~------Bank balances ; _____________
Total cas D. res erv..:: ~,dLi ~·-------Exca;;:;s or uefici t of cash :r""erv J held ovrJr r;zserve
raquirau ~-------
11. Accepta.nct:s:
(a) :.cceptances out6tanuin~:
1. I~tQrin 0 in 30 a.ays or lass
2. Matunn::. after 30 daJf:3
Total outstanu.ino accavtanceo
(b) Subscribau. capi tc;.l :mu. surplus
E.xcess ~ over Q_
______
$
,
"
~
,.
<;· _ _ _ _ __
.
('•
)
Acceptances secured
$
Acceptances unsecured
:f
.Arr;ount required to be securau under
agreement aith Federal Hes<:lrve Boaru $
(Give list of security held as required
above; t.iving description and approxima.t3 amount)
-}-
{c)
.Addr.ess
(d)
(e)
List of dl"awers of dr9.fts a.ccepted, with total
a.ggt>eg9.te liability in excess of 10 pe:r.o cent
of subsc:r.ibed capital a.nd surplus showing:
Business
.Aggreg~te
Liability
.Amount of a.ccepta.nces outstanding dra.wn for the purpose
of fu.'t"Xlishing dolla.r exchange.
·
Reserve ag.:dnst outstanding a.ccept!:!nces:
1-Bequi:r.ed: 15% a.ga.inst all a.cceptances outstanding
which ma.tu.l"e in 30 days OJ:' less:$_ _ _ __
3% a.ga.inst all a-cceptances outst~nding
which ma.tux-e in more than 30 da¥s:$_ _ __
Total rese:rve x-equired s.ga.inst
s.cceptance lia.bili ty $
2-Held: Ca.sh and lhnk balances (**) ."~~~.P....----Bankel"S 3-ccephnces
$_ _ _ _ __
Securities approved by
Fede:r.al Reserve ~oard (List
in deta.il)
~----Total reserve held ~-----------------
12. General limita-tions:
Per. cent deposits and a.cceptances outstanding to subscribed
ca.pi tel and sul"J?l us
13·
List of officers and di:r.ectors.
14. List of stockholders, showing nwnber of sha.res owned by ea.ch·
15. List of branches, sub-bx-anches, a.gencies, offices and a.ffilia.ted
institutions - da.te of opening of ea.ch and the loca.tion.
16. Date of la.st examina.tion or audit - by whom made.
(*) If security, sta.te wha.t the secut'i ty consists of, giving qua.nti ty and
a.pp.roxima.te value; if a. bank gua.ranty, give na.rne a.nd loca.tion of bank·
(**) Excess amount a.s shown in 10-(g) not requi:red fo:r reserve s.ga.inst
deposit liability.
•
X-3914a.
-4-
1. Balance .:;~1eet to be furnished by 8ach, showing in detail all as;:;ets
and liabilitL:;s, iDC.Lc<iinc; contin 6ent liaoiliti-as-. It is requastaa. tru.t the items for ilnich i.lctai.Leo. scnad.ulas are requested
below be sho'JVn as separate accounts or. the balance she.:;t.
2. 1\rr:ount of loans ond o.bcounts,
(a) Demand
(b) Time
siwvvin~:>:
Secured - Unsecured
(c) Overdrafts a.nil other a.u.vancss
3.
investrr:~nts, sl...owing:
(a) Issuing Governm8nt or corporation
(b) Interest rate
(c) Maturity
Detailed list of
(d) P:1r value
(e) Book value
(f) ApproxirJate mark<Jt value
4. List of oanks caving balonces due to your branch with amount for
each bank separately:
(a) Government banlc
(b) Banks and bs.nl:ers
(c) Head Office
(d.) Other branches, agencies and affiliated institutions
5·
List of banks having balances due from your bronch with arnount for
each bank separately:
(a) Banks ctnd b.;.nl:8rs
(b) Head. Office
(c) Other branc:o~s, age.c;cias .?.nd affiliated institutions
(Prir:~ary oolie;ations of re~~ortinc: corporation
reprasenting borroJVed money)
(a) Payable to
(b) Amount
(c) Intarest rate
{d) Maturity
(e) Collataral (Give detailed list)
6. Bills payable:
7·
Rediscounts:
(a) Amount
(b) Maturity
(c) With whom
(d) Rate
(e) Sacurad or unsecured ~ if securad, give detailed data
'
.
' .
X-3914a
8. Deposits.
Dollar
Eq~.:.iva
lant
l1st of collataral)
~ ~
~.
Darrl.,.qnd
Tir11e
Ot::,ar J.aposits
) . Dt.m:.:.md
4. Tn:a
'Total
(b) D::;pooi t::, - ";,or; payaola
1. Local Curr3ncy
.::.. Dollar
3. Stc:rl int;
4. Otha n7i .:>0 ---···-----
Tota.l
9· Special Raserv2 Stat2Lant - avar.:lo._:a for month of
depc;~.ts:
1. P~Lyable in local currency
2 . P.:1yabl a in u.oll8.r3
3. Paycibl2 in starl inc
4. P::.clable Ot~1a r:n"' a-------
Total
(b) Reserve:
1. A;;;ou..'1t, i:· any, and composition requirad by
local l
~1·.rvs •
2. J.r;·.ount h,?ld:
l.rr:ount
Per cent to
nat deposits .
(a) Gold ~nd Siiver ... -~
:~
(b) Local currency .... .
(c) Othar cash ........ .
(d) Jal~nce in local .. .
Govt. bank ....... .
(e) Othc:r reserve funds --------------Total
.
• •..
-610.
X-3914a.
Da.te of la.at examina.tion or a:ud it - by whor.:1 mEJ.de.
NOTE:
1.
Where 9 schedule does not :refer to you1" co:rpora.tion,
please ind ica.te this by inse:rting the word "None"·
2.
Reports for foreign b:r:mches, a.gencies, etc., should
be in te:rms of United Sta.tes dol19rs, sta.ting the :rEJte
of exchange at which they were converted.
@FedFRASER