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·w. P. G. HARDING, IOVI. .OR
ALBERT STRAUSS. VICI IOYIUOR
ADOLPH C. IIILLER
CHARLES B. HAIILIN
HENRY A. IIOEHLENPAH
CARTIR GLAII
Slt:a&TAaY OP 'l.fll TRIASURY
.. -~liliAN
.,
FEDERAL RESERVE BOARD
• JOHN SKELTON WILLIANS
CoiiPTROLLII OP THI CUiliiNCY
ADDRIIS. REPLY TO
.
FEDERAL RESERVE BOARD
WASHINGTON
W. T. CHAPMAN. SECRit'ARY
R. G. EMERSON. ASSISTANT SECRITAIY
W. II.IIILAY.FIICAL ACIENT
X-1776
SubJect:
De~r
54
Foreign ~d International Banking
Institutions: Report of Condition
as of close of '&usiness December 31,1919 ..
Sir:-
Under authority of. the agreement entered into by your corporatiOn with the Federal Reserve Eoard, you are hereby respectful~
re~ested to furnish tbe DOard with a report of condition, as of close
of business December 31,1919, giving in detail all assets and liabilities
of 70ur corporation Dnd the data. tt.sked for in the accompanying men.orand1JUI.,
0
•r Please arrange to file the report of your Head Office as soon
after January s~cond a.s possible. Separate reports of branches and
a.ffiliat•a banks should be sent as soon as they are received by you. It
will be appreciated .if, after .the reports have been received from all of
your branches and affiliated banks, you will have prepared a consolidated
statement for your corporation tb be sent to the Board.
While the Board has ruled that no specific reserve has to be
carried by foreign branches or affiliated institutions of .American ban~ting
corporations against de:posi ts abroad, 1 t, nevertheless, wishes to be
advised as to the average reserve carrhd by all such branches and
affiliated institutions or corporations, which are operatin6 under agree~ent with the Federal Reserve Board.
You are, therefore, requested to ·
have each of yoU!' branches; ~encies, offices and subsidiary banks furnish
you, for transLJ.ission to the :Board, a teport of the ayetat?e reserve
carried during the month of DecerJber 1919, against de:posi t lialrili ties
in the form shown in the acco~anying memorandum.
0
Kindly acknowledge receipt.
Enclosure.
Very truly yours,
'·
Secretary..
(·"·
L. ..
··•.,;
X-1776
a
55.
REPORT OF CONDJ.T!ON '}:'0 FEDERAL R!SERVE BO.Mm
The following information is desired in connec&ion with tbe report of
condition to be made as at close of' business December
A•
J
31,
1919~
HE.AD OFF! CE
l.
Detailed balance sheet showing all ~sets arid liabilities~ including
cvntingent,liabilities.
2.
.Amount of loans and discounts, divided: Secured - Unsec\.1red
(a} Demand
(b) Time
(c) Overdrafts and other advances
Total
Ibmis and Discounts (including Overdrafts) to any one ir.ldividual,
firtn o:t cOX'pWf;l.tion in excess o£ 10 per cent of subscr·ibed
capital and sutplas' stat ins atndU1lt secured and amount
unsecwed. ..
3. Detailed list of investments (in.ciooins
stbtik ct alf'ilia~61i i_nstitu~io;.1e).
showing~
(a)
(b)
(c)
(d)
(e)
(f)
Iasuing Government or cor~oration
Interest rate
·
Maturity
Par value
Book value
Approximate market value -
4.
OwnerShip of stock of affiliated institutions:
(a) Per cent owned by yourselves
(b) Per cent owned by foreign governments
(c) Per cent owned by individuals end corporations
5.
List of banks, branches, ete. ·having balances due to your cor:poratiop.,
with amount for each bank separately:
(a) Government bank
.
(b) Local banks (exclude subsid.iary .banks, if any)
11 .
11
(e) Other banks (
11
·
"
'')
(d) ·:Branches, ae>encies, otfices and &!filiated instHutions.
6.
List of banks, branches, etc, having balances due from your corporation,
with amount for each bank separately:
(a) :Banks and bankers
(b) .Branches, agencie~s, offices and sffiUated illStl. tutions.,
i
7• Bills pa.yab le :
• ·•
(a.) Payable to-:
Amount
Interest ra.te
Maturity
(b)
(c)
(d)
(e)
Colla.~eral ~ give list
X-1776
f
a
8.
Rediscounts:
(a). Amount
(b) Maturity
•
(c) Rate
(d) With whom
(e) Secured or unsecured- if secured, 5ive detailed information
regaz·ding security.
9.
Reserve Statement:
Deposits in the United
States~
(a) Net de~and deposits (after deducting uncollected demand items
payable within United States - exchanges)
{b) Time deposits.
(c) Reserve held.
cash on hand
bank balahdes ...·_._....___ _ _ __
Total
Per cent of reserve •
10~
Acceptances - limitations ~
(a) Total outs tanJ.ing acce ptG.nces,
(b) Capital and surplus
$
$
Acceptances· secured
$
Acceptances unsecured
$
.Amount required to be secv.re~ under
agreement with Federal Reserve .Board
$
(Give list of security held as required above
giving· description anci app,roximate amo·c.u1 t)
(c) List of drawers of drafts accepted. with. tcta.J.
as~egate liability in excess of 10 per cent
of capital and surplus.
.Address
Business
S~cux:it~
Gvaranty
(*)
(d) Reserve against outstanding acceptances:
Required - 15 per cent
1. Cash (**)
2. Bank balances ._ (Head Office city) (**)
3· Bankers acceptances (***)
4. Securities approved by Ii'ederal Reserve
iloard (List in de t.ai.l)
Total
(*') If security, state what the .security consists of, glVJ.ng quantity and
approximate value; i f a bank guaranty, give name and ltlcation of bank.
(**) These amounts. of course, must not include those appearing in 9-(c) as
part of your reserve against deposits.
(***) Give list of acceptances - acceptor and amount.
56
-3-
'
11.
X-1776
a
General limitations:
57
(a) Total deposits and accepLw.~ces outstanding
(b) Capital and surplu~
..
Per cent deposits and acceptan.ces outstanding
to capital and s u r p l u s - · - - - - - - - - - Limit fixed by Federal Reserve Board against age::,re5ate
deposits and acceptances outstanding.___ _ _ __
12. List of officers and dix-ectors.
13 .. List o:f stockholders, showing number of shares owned. by
each~
14. List of branches, sub-branches, agencies, offices and aff:U.iated
institutions - date of opening of each and the location.
15. Date of last examination or audit - by whom made ..
D..
:Branches, Agencies and Subsidiary Banks and__ Corporations ...
1.. :Balance sheet to be furnished by each, showing in detail all assets and
liabilities, including contingent liabilities, as at close of
business December 3lj 1919.
2. Amount of loans and discounts, showing: Secured - Unsecured
(a) D2e:.1and
(b) Time
(c) Overdrafts and other ad.v84"1.ces.
Loans and Discm.mts (including Overdrafte) to any one individual,
firm or corporation in excess of 10 per ceut of subscribed
capital and surplus, stating amount secured am amount
unsecured ..
3.
Detailed list of investments, showing:
(a) Issuing Government or corporation
(b) Interest rate
(c) Nl.aturi ty
(d) Par value
(e) :Book value
(f) Approximate market value
4. Amount of balances due from:
(Name of bank and.~ovn~-t~ach)
( a) Government bank
(b) Local banks
(c) Other banks- (exclude head office and affiliated banlts)
(d) Head office
.(e) Other branches, agencies and affiliated institutions
5.
Amount of balances due to: (Name of bank and amount for each)
(a) :Banks and banke;;-(~~l;o_e Headoffi~e)
(b) Head office
(c) Other branches, agencie~ and affiliated banka
-46.
• •.
X-177 6 a
58
Bills payab le :
(a) Payable to
(b) .Amount
~) Interest rates
(d) Maturity
(e) Co Hater al (Give detailed list)
7 .. Rediscounts:
(a) .Amount
(b) !Vf.aturi ty
(c) With whom
(d) Rate
(e) Secured or 1msecured.- if secured 1 give detailed data
S~
Deposits;
Dollar
Eq,uivalent
(a) Government deposits (if secured, give
list of collateral)
1. Deman1
2. Time
Other deposits
3- Demand
4. Time _ _ - - - Total
(b) Deposits- how payable:
l. Local currency
2. Doliar
}. Sterling
4. Otherwise________
9-
Special Reserve Statement- average for the month of December,
I
1919.
(a:} Net de::posits ~
1. Payable in local currency
in dollars
2.
"
in sterling
3.
"
Otherwise
4.
"
Total
(b) Reserve:
1. Amount, if any, and composition required by local laws~
2 , Amount he 1d:
Per cent to
Amount
net deposits
{a) Gold ani Silver .. :.$
(~) Local c'l.trrency •...•
(c) Other cash•........
(d) Balance in local
Govt. bank.. ~.
(e) Other reserve funds _ _ _ _ _ _ _ _ __
Total
10. Date of last examination or audit - by whom made~
NOTE: 1. Where a schedule does not refer to your corporation, please indicate
this by inse:-:-ting the word "None".
2, Renorts for foreign branches, ~encies etc, should be in terms of United.
States money, stating the rate of exchange at which they were eonverter3.
@FedFRASER