Full text of Banking and Monetary Statistics, 1914-1941 : Part I
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Washington, D.C.,
BANKING AND
MONETARY STATISTICS
1914 -1941
First printing, November 1943
Second printing (Part I only), August 1976
Copies of this reprint may be obtained from Publications Services, Division of Administrative Services, Board of Governors
of the Federal Reserve System, Washington, D.C. 20551. The
price is $5.00 per copy. Remittances should be made payable
to the order of the Board of Governors of the Federal Reserve
System in a form collectible at par in U.S. currency. (Stamps
and coupons not accepted.)
PREFACE
This volume is published by the Board of
Governors for the purpose of making available
in one place and on a uniform basis statistics
of banking, monetary, and other financial developments. Most of these statistics were collected by governmental authorities as an incident of their supervisory responsibilities over
financial institutions or are records.of governmental operations; others, particularly those relating to security markets, were gathered chiefly
by private agencies. The statistics.in most cases
cover the period since 1914, when the Federal
Reserve System was established.
The Federal Reserve Banks and the Board of
Governors currently collect, • analyze, interpret,
and publish statistics on Reserve Bank credit,
member bank credit, changes in the banking
structure, and a variety of other matters bearing
on banking and credit conditions in this country
and abroad. The System also publishes considerable data compiled by other organizations,
including the Treasury, the Comptroller of the
Currency, the Federal Deposit Insurance Corporation, State banking authorities, and other
public and private agencies.
It has been the practice of the Board to make
the more important of these series available to
the public through the monthly Federal Reserve
Bulletin and in regular releases. Retrospective
data have been published in special articles in
the Federal Reserve Bulletin, and, prior to 1938,
in the Board's annual reports. Since 1938, however, most of the statistical material has been
omitted from the annual reports. The present
volume is designed to replace previous Board
publication of banking and monetary statistics
in annual reports and to provide a single comprehensive volume of comparable banking and
financial statistics over a period of years. Most
of the financial series for which current data are
published in the Federal Reserve Bulletin are included in this volume, and some series which are
no longer shown in the Bulletin but which- are of
historical interest are also given.
The statistics in this book relate largely to the
condition and operation of the Federal ^Reserve
Banks and member banks. There are also included data on the condition and operation of
all banks, including State banks not members of
the Federal Reserve System, and statistics of
bank debits, bank earnings, bank suspensions,
branch, group, and chain * banking, currency,
money rates, security markets, Treasury finance,
production and movement of gold, and international financial developments.
While most of the statistics in this volume
cover the period since 1914, a few significant
series are given for a longer period. Such series
cover the condition of national banks beginning
with 1863; currency in circulation beginning with
1860; deposits at all banks and currency outside
banks beginning with 1892; bank suspensions beginning with 1892; branch banking beginning
with 1900; and certain statistics on money rates
and security markets' beginning with 1890 and
1900. All series end with December 1941. It is
contemplated that supplementary publications
will be isssued periodically, as needed, in order
to bring the tables up to date, to present new
series, or to revise data previously published.
For most of the series, data for subsequent periods are available in the Federal Reserve Bulletin.
For the convenience of the reader the book
has been divided into two parts: Part I contains statistics for the country as a whole, which
are presented in fifteen sections, and Part II
contains detailed member bank statistics for
each Federal Reserve district. The tables in
each section are preceded by an introductory
text, which gives some indication of the purpose
of the data, the sources of the figures, the history
and methods of their compilation, and other
facts which will guide the reader -in the use of
the figures. Much of the information which is
customarily included in footnotes to tables has
been incorporated in the text; footnotes have
been used primarily to call attention to the incomparability of specific items over the period
covered by the tables.
Preparation of the present volume was begun
in 1939, but the work has been delayed by the
war activities of the staff. The work has been
done largely in the Division of Research and Statistics and the Division of Bank Operations, with
a p.art done in the Division of Security Loans.
The Correspondence and Publications Section of
the Secretary's Office handled the printing of the
volume. Acknowledgment is gratefully made to
other agencies whose figures have been used, including the Treasury Department, the Comptroller of the Currency, the Federal Deposit
Insurance Corporation, the National Bureau of
Economic Research, Standard and Poor's Corporation, and Moody's Investors Service.
THE BOARD OF GOVERNORS OF THE
FEDERAL RESERVE SYSTEM
Washington, D. C.
September 1943.
KEY TO THIS VOLUME OF FIGURES
It was stated in a recent technical report to the President that statistics
are both a by-product and an instrument of administration. The figures in
this volume are for the most part a by-product of bank supervision and credit
administration, especially during the thirty years since the establishment of
the Federal Reserve System. Banking figures for the past and the present
are a treasure trove for the student of financial history and, together with
their estimated projections into the future, they are the rock on which credit
policy must rest.
These serried ranks of organized statistics on banking and finance, even
though they may inspire awe, should also inspire confidence. They are an
augury that credit policy can be based in the future, as in the past, on fact
rather than on fancy.
/
September 1943
CONTENTS
PART I
SECTION 1. GENERAL STATISTICS OF ALL BANKS IN THE UNITED STATES
Page
5
Text
ALL BANKS BY CLASSES, 1914-1941
Table
Table
Table
Table
1.
2.
3.
4.
Table 5.
Table 6.
Table 7.
Table 8.
All banks—number and deposits, by class of bank, 1914-1941
All banks—number, loans, investments, and deposits, 1914-1941
All commercial banks—number, loans, investments, and deposits, 1914-1941
National banks—number, loans, investments, bankers' balances, and deposits,
1863-1941
'.
State member banks—number, loans, investments, bankers' balances, and deposits,
1915-1941
Nonmember commercial banks—number, loans, investments, and deposits, 1914-1941.
Mutual savings banks—number, loans, investments, and deposits, 1914-1941
All banks—number and deposits, by class of bank and by States, selected years,
1914-1941
16
18
19
20
22
22
23
24
OTHER STATISTICS ON MONEY SUPPLY AND BANKING STRUCTURE
Table 9. Deposits and currency—adjusted deposits of all banks and currency outside banks,
1892-1941
Table 10. Principal assets and liabilities of banks by population of place in which located,
June and December: member banks, 1929-1941; insured banks, 1934-1941
Table 11. Deposits of member banks in larger and smaller places, monthly, 1936-1941
Table 12. Number of commercial banks, by population of place in which located and by amount
of deposits, by class of bank, June 30, 1941
Table 13. Number and deposits, of commercial banks, by amount of deposits and by class of
bank, by States, June 30, 1941
Table 14. Changes in the number of incorporated commercial banks, by class of bank and by
character of change, 1921-1941
.
Table 15. Banks on par list and not on par list—number, by Federal Reserve districts and by
class of bank, 1916-1941
Table 16. Banks on par list and not on par list—number and deposits, by class of bank and by
Federal Reserve districts and by States, December 31, 1939
Table 17. Banks on par list and not on par list—number, by class of bank and by States,
December 3l, 1941
34
36
42
43
44
52
54
56
58
SECTION 2. ASSETS AND LIABILITIES OF ALL MEMBER BANKS
Text
Table
Table
Table
Table
Table
18,
19.
20.
21.
22.
All member banks—principal assets and liabilities on call dates, 1914-1941
All member banks—classification of loans on call dates, 1928-1941
All member banks—classification of investments on call dates, 1928-1941
All member banks—classification of deposits on call dates, 1928-1941
All member banks—classification of loans and investments, by class of bank, on
June 30 call dates, 1919-1928
..
Table 23. Central reserve city member banks in New York City—principal assets and liabilities
on call dates, 1919-19411
61
72
76
77
78
79
80
CONTENTS
Page
Table 24. Central reserve city member banks in New York City—classification of loans on call
dates, 1928-1941
83
Table 25. Central reserve city member banks in New York City—classification of investments
on call dates, 1928-1941
'.
84
Table 26. Central reserve city member banks in New York City—classification of deposits on
call dates, 1928-1941
85
Table 27. Central reserve city member banks in Chicago—principal assets and liabilities on
call dates, 1919-1941
86
Table 28. Central reserve city member banks in Chicago—classification of loans on call dates,
1928-1941
89
Table 29. Central reserve city member banks in Chicago—classification of investments on call
dates, 1928-1941
90
Table 30. Central reserve city member banks in Chicago—classification of deposits on call
dates, 1928-1941
91
Table 31. Reserve city member banks—principal assets and liabilities on call dates, 1919-1941, 92
Table 32.. Reserve city member banks—classification of loans on call dates, 1928-1941
95
Table 33. Reserve city member banks—classification of investments on call dates, 1928-1941. . 96
Table 34. Reserve city member banks—classification of deposits on call dates, 1928-1941
97
Table 35. Country member banks—principal assets and liabilities on call dates, 1919-1941
98
Table 36. Country member banks—classification of loans on call dates. 1928-1941
101
Table 37. Country member banks—classification of investments on call dates, 1928-1941
102
Table 38. Country member banks—classification of deposits on call dates, 1928-1941
103
SECTION 3. ASSETS AND LIABILITIES OF INSURED BANKS
Text
Table 39. All insured commercial banks—principal assets and'liabilities, June and December,
1934-1941
"
Table 40. All insured commercial banks—classification of loans and inyestments, June and
December, 1934-1941
Table 41. All insured commercial banks—classification of investments by maturities and by
class of bank, December 31, 1941
!
Table 42. All insured commercial banks—classification of deposits, June and December, 19341941
Table 43. Insured nonmember commercial banks—principal assets and liabilities, June and
December, 1934-1941
Table 44. Insured nonmember commercial banks—classification of loans and investments, June
and December, 1934-1941
Table 45. Insured nonmember commercial banks—classification of deposits, June and December, 1934-1941
:
Table 46. Insured mutual savings banks—principal assets and liabilities, June and December,
1934-1941
Table 47. All insured commercial banks—principal assets and liabilities, by States, December
31, 1941,
107
108
109
110
110
Ill
112
113
113
114
SECTION 4. ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS
IN LEADING CITIES
Text
127
Table 48. Weekly reporting member banks in 101 leading cities—principal assets and liabilities,
weekly and monthly, 1919-1941
132
CONTENTS
-Page
Table 49. Weekly reporting member banks in New York City—principal assets and liabilities,
weekly arid monthly, 1919-1941
164
Table 50. Weekly reporting member banks outside New York City—principal assets and
liabilities, weekly and monthly, 1919-1941
196
SECTION 5. BANK DEBITS AND DEPOSIT TURNOVER
Text
Table 51. Bank debits to deposit accounts, except interbank accounts, monthly, 1919-1941....
Table 52. Bank debits to deposit accounts, except interbank accounts, by Federal Reserve
districts, yearly, 1919-1941
Table 53. Bank debits to deposit accounts, except interbank accounts, by Federal Reserve
districts and by reporting centers, yearly, 1919-1941
Table 54. Bank debits to demand deposit accounts, except interbank and United States Government accounts, at weekly reporting member banks, weekly, 1935-1941
Table 55. Bank debits and deposit turnover, excluding interbank deposits and collection items,
at all commercial banks, yearly, 1919-1941
230
234
236
238
248
254
SECTION 6. BANK EARNINGS
Text
Table 56.
Table 57.
Table 58.
Table 59.
National bank earnings and earnings ratios, 1869-1941
Member bank earnings, expenses, and dividends, 1919-1941
Member bank earnings ratios, 1919-1941
Member bank earnings, expenses, and dividends, by class of bank, 1939, 1940, and
1941
:
Table 60. Member bank earnings ratios, by class of bank, 1939, 1940, and 1941
Table 61..Member bank earnings, expenses, and dividends, by class of bank and by Federal
Reserve districts, 1941.
Table 62. Member bank earnings ratios, by class of bank and by Federal Reserve districts, 1941.
Table 63. Member bank earnings ratios, by total deposits of banks and by ratio of time to total
deposits, 1941
:
Table 64. Insured commercial bank earnings, expenses, and dividends, 1934-1941
Table 65. Insured commercial bank earnings, expenses, and dividends, by total deposits of
banks, 1941
257
260
262
264
266
268
269
272
275
277
278
SECTION 7. BANK SUSPENSIONS
Text
Table 66.
Table 67.
Table 68.
Table 69.
Table 70.
;
Commercial bank suspensions—number and deposits, by class of bank, 1892-1941. ..
Commercial bank suspensions—number and deposits, by States, 1921-1941
National bank suspensions—number and deposits, by States, 1921-1941
State member bank suspensions—number and deposits, by States, 1921-1941
Nonmember bank suspensions (other than private and mutual savings banks)—
number and deposits, by States, 1921-1941
Table 71. Private (unincorporated) bank suspensions—number and deposits, by States, 1921-1941
Table 72. Mutual savings bank suspensions—number and deposits, by States, 1921-1941
281
283
284
286
288
290
292
292
CONTENTS
SECTION 8. BRANCH, GROUP, AND CHAIN BANKING
Text
:
Table 73. Commercial banks operating branches and their branches, selected years, 1900-1941—
number, and loans and investments or deposits, by class of bank
Table 74. Commercial banks operating branches and their branches, by States, selected years,
1900-1941—number, by class of bank
Table 75. Commercial banks operating branches and their branches, by States, December 31,
1939—number and deposits, by class of bank and by geographic extent of branch
banking
'...'..'
. .. /
Table 76. Commercial banks operating branches and their branches, December 31, 1939—
selected classifications of number and deposits
Table 77. Commercial banks operating branches and their branches, by States, December 31,
1941—number and deposits, by class of bank and by geographic extent of branch
banking
Table 78. Branches of member banks classified by amount and character of assets and liabilities,
June 30, 1940
,
Table 79. Mutual savings and private banks operating branches and their branches, by States,
December 31, 1935, 1939, and 1941—number and deposits
Table 80. Group and chain banking, by States, December 31, 1929—number and loans and
investments, by class of bank
:
Table 81. Group and chain banking, by States, December 31, 1931—number and loans and
investments, by class of bank
Table 82. Group and chain banking, by States, December 31, 1939—number and deposits, by
class of bank
Table 83. Group and chain banking, December 31, 1939—selected classifications of number and
deposits
Table 84. Group and chain banking, by States, December 31, 1941—number and deposits, by
class of bank
Page
294
297
298
303
306
307
310
311
312
313
316
319
320
SECTION 9. FEDERAL RESERVE BANKS
Text
Table 85. Assets and liabilities of Federal Reserve Banks, December 31, 1914-1941
Table 86. Assets and liabilities of each Federal Reserve Bank, December 31, 1920, 1929, 1933,
and 1941
'
Table 87. Principal assets and liabilities of each Federal Reserve Bank, December 31,1914-1941.
Table 88. Bills discounted, by class of paper—holdings by Federal Reserve Banks, June and
December, 1917-1937," and by each Federal Reserve Bank, December, 1920,
1929, and 1933
Table 89. Bills bought, by class of paper and by method of purchase—holdings by Federal
Reserve Banks, June and December, 1921-1937, and by each Federal Reserve
Bank, December, 1921 and 1929
Table 90. Maturity distribution of bills held by Federal Reserve Banks, June and December,
1914-1941
Table 91. Holdings of United States Government securities, direct and guaranteed, by Federal
Reserve Banks, 1914-1941
Table 92. Industrial advances and commitments, June and December, 1934-1941
324
330
333
337
340
341
342
343
345
CONTENTS
Page
Table 93. Deposits, note circulation, reserves, and reserve percentages of Federal Reserve Banks,
monthly, November 1914-December 1941
Table 94. Federal Reserve notes—statement of amounts issued and collateral, December 31,
1914-1941. . .
r
Table 95. Federal Reserve notes—statement of amounts issued and collateral, by each Federal
Reserve Bank, December 31, 1920, 1929, 1933, and 1941
Table 96. Volume of operations in principal departments of Federal Reserve Banks, 1920-1941.
Table 97. Volume of operations in principal departments of each Federal Reserve Bank, 1921
and 1941.. . ;
Table 98. Current earnings, net earnings, and disposition of net earnings of Federal Reserve
Banks, 1914-1941
..
Table 99. Detailed statement of earnings and expenses of each Federal Reserve Bank, 1941....
346
350
352
354
355
356
357
SECTION 10. MEMBER BANK RESERVES, RESERVE BANK CREDIT,
AND RELATED ITEMS
Text
.
Table 100. Member bank reserves, reserve bank credit, and related items, annual averages of
daily figures, 1914-1941
Table 101. Member bank reserves, reserve bank credit, and related items, monthly averages of
daily figures, August 1917-December 1941
,
Table 102. Member bank reserves, reserve bank credit, and Delated items, end of month figures,
1914-1941
Table 103. Member bank reserves, reserve bank credit, and related items, Wednesday figures,
1922-1941
360
368
369
373
378
Table 104. Member bank reserves, reserve bank credit, and related items, call dates, 1914-1941.
Table 105. Member bank reserve balances, required reserves, excess reserves, and borrowings,
by class of bank, monthly, 1929-1941
Table 106. Member bank borrowings at Federal Reserve Banks, by selected groups of banks,
monthly, 1919-1934
Table 107. Member bank reserve requirements, June 21, 1917-December 31, 1941
Table 108. Changes in central reserve and reserve city designations, 1914-1941
395
396
399
400
401
SECTION 11. CURRENCY
Text
,...
Table 109. Currency in circulation—by kind, 1860-1941
Table 110. Currency in circulation—by kind, monthly, 1914-1941
..'....
Table 111. Currency in circulation—before and after adjustment for seasonal variation, monthly,
1919-1941
Table 112. Currency in circulation—paper money by denominations and coin, monthly, October
1930-December 1941
,
Table 113. Shipments and receipts of United States paper currency to and from Europe, 19231941
;.
Table 114. Treasury currency outstanding, by kind, monthly; 1919-1941
404
408
409
414
415
417
419
CONTENTS
SECTION 12. MONEY RATES AND SECURITY MARKETS
Text
,
Page
422
FEDERAL RESERVE BANK BATES
Table 115. Federal Reserve Bank discount rates on eligible paper, monthly, November 1914December 1941
Table 116. Federal Reserve Bank discount rates on advances under Section 10 (b) of the Federal
Reserve Act, February 27, 1932-December 31, 1941
Table 117. Federal Reserve Bank buying rates on prime bankers' acceptances, 1919-1941
Table 118. Federal Reserve Bank rates on industrial advances and commitments, July 10, 1934December 31, 1941
Table 119. Maximum rates on time deposits at member banks, November 1, 1933-December
31, 1941
439
443
443
446
447
MONEY RATES AND RELATED STATISTICS
Table
Table
Table
Table
Table
Table
120.
121.
122.
123.
124.
125.
Short-term open-market rates in New York City, monthly, 1890-1941,
Short-term open-market rates in New York City, weekly, 1919-1941
Yields on short-term United States Government securities, monthly, 1920-1941. . . .
Yields on short-term United States Government securities, weekly, 1934-1941
Rates charged on customers' loans by banks in principal cities, monthly, 1919-1929.
Rates charged on commercial loans by banks in principal cities, monthly, January
1928-February 1939; quarterly, 1939-1941
Table 126. Commercial paper outstanding, monthly, July 1918-December 1924
Table 127. Commercial paper and bankers' acceptances outstanding, monthly, December 1924December 1941
448
452
460
461
463
464
465
465
SECURITY MARKETS
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
128.
129.
130.
131.
132.
133.
134.
135.
136.
137.
138.
Table 139.
Table 140.
Table 141.
Table 142.
Table 143.
Table 144.
Table 145.
Bond yields, by type of security, monthly, 1919-1941
Bond yields, by type of security, weekly, 1934-1941
Bond prices, by type of security, monthly, 1919-1941
Basic yields of corporate bonds, by term to maturity, 1900-1942
Yields of high-grade railroad bonds, monthly, 1900-1936
Stock prices, monthly, 1900-1941
Common stock prices, weekly, 1934r-1941
Trading in stocks on New York Stock Exchange, monthly, 1900-1941
Trading in stocks on New York Stock Exchange, weekly, 1934-1941
New security issues, by major groups of issuers, monthly, 1919-1941
New corporate security issues, by proposed uses of proceeds and by major groups of
issuers, monthly, 1934-1941
BROKERS' LOANS
Brokers' loans by groups of lenders, quarterly, September 1918-December 1932;
call dates, 1933-J938
Street loans made by daily reporting banks in New York City, weekly, October
1917-January 1926
Loans to brokers and dealers, secured by stocks and bonds, made by weekly reporting
member banks in New York City, weekly, 1926-1935
Brokers' borrowings on collateral in New York City as reported by members of
the New York Stock Exchange, monthly, September 1918-November 1922 and
1926-1941
Principal debit and credit balances of member firms of the New York Stock Exchange
carrying margin accounts, monthly, November 1931-December 1941
Detailed debit and credit balances and related items of member firms of the New
York Stock Exchange carrying margin accounts, June and December, 1935-1941..
Margin requirements, October 1, 1934-December 31, 1941
468
472
475
477
478
479
482
485
486
487
491
494
495
497
500
501
503
504
CONTENTS
SECTION 13. UNITED STATES GOVERNMENT—TREASURY FINANCE AND
GOVERNMENT CORPORATIONS AND CREDIT AGENCIES
Text
Table 146. United States Government debt—volume and kind of direct securities, June and
December, 1916-1932; monthly,. 1933-1941
Table 147. United States Government debt—maturities of marketable public direct securities,
June, 1916-1935; June and December, 1936-1941
Table 148. United States Government debt—volume of fully guaranteed securities, by issuing
agencies, monthly, October 1933-December 1941
Table 149. United States Government debt—ownership of direct and guaranteed securities,
June, 1916-1935; June and December, 1936-1941
Table 150. Summary of Treasury receipts, expenditures, and related items, fiscal years, 19161941; monthly, 1934-1941
Table 151. General Fund of the Treasury, June, 1916-1917; June and December, 1918-1933;
monthly, 1934-1941
Table 152. United States Government corporations and credit agencies—principal assets and
liabilities, June and December, 1935-1937; monthly, June 1938-December 1941. .
Table 153. United States Government corporations and credit agencies—principal1 assets and
liabilities, by corporations and agencies, December 31, 1940 and 1941
Table 154. Postal Savings System—assets and depositors' balances, June and December, 19111941
Table 155. Postal Savings System—depositors' balances, monthly, 1927-1941
Page
506
509
511
511
512
513
515
517
518
519
519
SECTION 14. GOLD
Text
Table
Table
Table
Table
Table
156.
157.
158.
159.
160.
522
536
538
539
542
Analysis of changes in gold stock of United States, monthly, 1914-1941
Gold inflow to the United States and contributing factors, 1914-1940
.-...,
Net gold imports to the United States, by countries, 1915-1941
.,,
Gold production, by countries and areas, 1910-1941
Gold reserves of central banks and governments, by countries, December, 1913-1927;
monthly, June 1928-December 1941
544
SECTION 15. INTERNATIONAL FINANCIAL STATISTICS
Text
INTERNATIONAL CAPITAL TRANSACTIONS AND POSITION OF THE UNITED STATES
Table 161. Short-term foreign liabilities and assets reported by banks in the United States,,, by
countries, monthly, May 1929-June 1931; weekly, July 1931-December 1941
Liabilities
Assets
Table 162. Net capital movement to United States, weekly, cumulative from January 2, 1935
to December 31, 1941
Total capital movement, by types
Total capital movement, by countries
,
Increase in foreign banking funds in U. S., by countries
Decrease in U. S. banking funds abroad, by countries
.
Foreign securities: return of U. S. funds, by countries
Domestic securities: inflow of foreign funds, by countries
Inflow in brokerage balances, by countries
,
Table 163. International capital position of the United States, 1937-1940
558
574
585
596
602
608
614
620
626
632
637
CONTENTS
FOREIGN BANKING CONDITIONS
Page
Table 164. Bank of England—principal assets and liabilities, yearly, 1914-1927; monthly,
1928-1941
Table 165. Bank of France—principal assets and liabilities, yearly, 1915-1927; monthly, 19281941
Table 166. Bank of Canada—principal assets and liabilities, monthly, 1935-1941
Table 167. Reichsbank—principal assets and liabilities, monthly, 1924-1941
Table 168. Commercial banks in United Kingdom—principal assets and liabilities, monthly,
1930-1941
Table 169. Commercial banks in France—principal assets and liabilities, monthly, 1930-1941. .
Table 170. Commercial banks in Canada—principal assets and liabilities, monthly, 1930-1941..
Table 171. Commercial banks in Germany—principal assets and liabilities, June and November,
1930-1933; monthly, 1934-1941
Table 172. Money rates in selected foreign countries, monthly, 1924-1941
638
641
644
645
648
650
652
655
656
FOREIGN EXCHANGE RATES
Table 173. Foreign exchange rates, by countries, monthly
Argentina
Australia
Austria
Belgium.
Brazil
British India
Bulgaria
Canada
Chile
,
China
Colombia
Czechoslovakia
Denmark
Egypt
."
Finland
France
Germany
Greece
Hong Kong
Hungary
Italy
Japan
Mexico
Netherlands. . .
New Zealand
Norway
Poland
Portugal
Rumania. . . .\
Russia
South Africa
Spain
Straits Settlements
Sweden
Switzerland
Turkey
United Kingdom
Uruguay
,
Yugoslavia
,
662
662
663
663
664
664
665
665
666
667
668
668
669
669
670
670
671
671
672
672
673
673
674
674
675
675
676
676
677
677
678
678
679
679
680
680
681
681
682
SECTION 1
GENERAL STATISTICS OF ALL BANKS IN THE UNITED STATES
Page
5
Text
ALL BANKS BY CLASSES, 1914-1941
Table
Table
Table
Table
1.
2.
3.
4.
Table 5.
Table 6.
Table 7.
Table 8.
All banks—number and deposits, by class of bank, 1914-1941
All banks—number, loans, investments, and deposits, 1914-1941. . ..
All commercial banks—number, loans, investments, and deposits, 1914-1941
National banks—number, loans, investments, bankers' balances, and deposits,
1863-1941
,
:
State member banks—number, loans, investments, bankers' balances, and deposits,
1915-1941
'
Nonmember commercial banks—number, loans, investments, and deposits, 1914-1941.
Mutual savings banks—number, loans, investments, and deposits, 1914-1941
All banks—number and deposits, by class of bank and by States, selected years,
1914-1941
16
18
19
20
22
22
23
24
OTHER STATISTICS ON MONEY SUPPLY AND BANKING STRUCTURE
Table 9. Deposits and currency—adjusted deposits of all banks and currency outside banks,
1892-1941
Table 10. Principal assets and liabilities of banks by population of place in which located, June
and December: member banks, 1929-1941; insured banks, 1934-1941
Table 11. Deposits of member banks in larger and smaller places, monthly, 1936-1941
Table 12. Number of commercial banks, by population of place in which located and by amount
of deposits, by class of bank, June 30, 1941
Table 13. Number and deposits of commercial banks, by amount of deposits and by class of
bank, by States, June 30, 1941
Table 14. Changes in the number of incorporated commercial banks, by class of bank and by
character of change, 1921-1941
Table 15, Banks on par list and not on par list—number, by Federal Reserve districts and by
class of bank, 1916-1941
Table 16. Banks on par list and not on par list—number and deposits, by class of bank and by
Federal Reserve districts and by States, December 31, 1939
Table 17. Banks on par list and not on par list—number, by class of bank and by States,
December 31, 1941
,
34
36
42
43
44
52
54
56
58
SECTION 1
GENERAL STATISTICS OF ALL BANKS IN THE UNITED STATES
In the course of the history of the United
States banking functions have been performed
by a variety of institutions whose character and
relative importance have changed considerably
from time to time. This section brings together
some of the available general statistics for the
principal types of banking institutions. These
data provide useful and representative series
regarding the development of banking in the
United States, particularly since the establishment of the Federal Reserve System in 1914.
For some classes of institutions accurate statistics that are comprehensive and strictly comparable over extended periods of time are not available, but the data given in this section, assembled
from a variety of sources with some estimates
and adjustments, present a broad picture of
banking developments during the past three
decades.1
This section comprises Tables 1-17. Table 1
shows changes in the banking structure as indicated by figures of number and total deposits
of the different classes of banks for the country
as a whole for each year since 1914 and Table
8 gives similar information for selected years by
States, Additional statistics for all banks and
for the various classes of banks are given in
Tables 2-7, including data for national banks beginning with 1863. Tables 9-17 give other
general information about the banking structure
and money supply of the country.
More detailed statistics for particular classes
of banks are available in other sections of this
book. The statistics for member banks given in
Sections 2 and 4 of Part I and in Part II are
the most detailed banking statistics available
over a period of time and provide the basis for
analysis of various aspects of banking developments since 1914. Member banks, although including for most of the period from 30 to 45 per
cent of all commercial banks, held in the 1920's
over 70 per cent and in recent years about 85 per
cent of total deposits of all commercial banks.
Section 2 includes detailed statistics on call
dates for all member banks beginning with 1914,
and Section 4 includes weekly and monthly
statistics- for weekly reporting member banks in
101 leading cities beginning with 1919. Part II
includes detailed statistics on call dates for all
member banks by Federal Reserve districts be1
For a brief discussion of historical developments in banking and
the nature of the banking structure see Banking Studies, a publication of the Board of Governors, especially the following papers:
*' Historical Introduction,'' "Federal Banking Legislation,'' and
"Banking Structure of the United States."
ginning with 1914. Since the establishment of
Federal insurance of deposits, detailed statistics
have become available on call dates for a larger
proportion of the banks of the country. A summary of these statistics beginning with 1934 is
presented in Section 3.
Statistics of all banks prior to 1914. Banking in the United States has been in part
under the jurisdiction of State governments, in
part under the Federal Government, and to some
extent outside the jurisdiction of both governments. The collection of banking statistics for
all classes of banks has never been completely
centralized in one agency. There are, therefore,
no completely satisfactory over-all figures by
classes of banks from the earliest days.
Prior to the National Banking Act of 1863,
when the growth in banking took place under
State laws, the only official collection of figures
for the entire country was made by the Treasury
Department under authority of a resolution of
the House of Representatives passed in 1832.
From 1833 until 1863, with the exception of some
years, the Secretary of the Treasury included
in his reports to Congress information regarding
the number of State banks. These reports were
discontinued in 1863, at the time the national
banking system was organized, and from 1863
to 1873 statistics of national banks only were
published—in the annual reports of the Comptroller of the Currency.
Since 1873 the Comptroller's annual reports
have included statistics of other banks, in compliance with an Act of Congress which required
the Comptroller of the Currency to collect and
report to Congress information on banks, banking companies, and savings banks, organized
under the laws of the States and Territories.
Information thus compiled depended largely
on reports made by such banks to the legislatures or officers of the different States and Territories; it provided neither a complete nor a consistent coverage of banks organized under State
laws and included even less information on
private, i.e., unincorporated, banks. The inadequacy of the historical data for all banks was
brought out by a special investigation made by
the National Monetary Commission in 1909 for
the purpose of securing an accurate count of the
number of banks on the basis of official and unofficial sources.2
Statistics on the number of banks at five-year
intervals for the period 1835-1920, shown in the
* See Publications of the National Monetary Commission, Vol. 7,
Appendix A, pp. 243-60.
6
BANKING AND MONETARY STATISTICS
table on this page, indicate in a general way the
extent to which banking development depended
on organizations outside the supervision of the
Federal Government.
Prior to the Civil War incorporated banks in
the United States were State banks, except the
first and secand Bank of the United States, both
of which had Federal charters. For about twenty
years after the inception of national banking in
1863, incorporation of banks under Federal law
to a large extent supplanted incorporation under
State laws. In the 1880's, however, the number
of State banks grew much more rapidly than the
number of national banks and by the early 1890's
the number of State banks outstripped the number of national banks. From 1900 to 1920
State banks increased from about 5,000 to more
than 20,000, while national banks increased
from about 3,700 to 8,000. There is no information concerning the number of unincorporated
or private banks prior to 1877; at that time these
banks accounted for about half of the total
number of banks. The number of such banks
declined after 1905—from approximately 5,300
in that year to about 1,700 in 1920."
8
For further discussion of the inclusion of unincorporated banks
in the statistics of all banks, see pp. 8-9.
NUMBER OF COMMERCIAL BANKS IN THE
UNITED STATES, 1835-1920*
UnincorState
National
State
porated
Year National banks 0
Year
banksb
banks « (private)
banksb
banks"
1835
704
1880
2 573
2,076
650
1S40
901
1885
2,689
1,015
3,456
1845
707
1890
3,484
2,250
4 305
1850
824
1895
3,924
3,715
4,369
1855
1900
1,307
3 731
5 007
5 187
1860
1,562
1905
5,664
5,291
9,01S
1865
1,294
349
1910
14,348
7,138
3,669
1870
1,612
325
7,597
1915
2,737
17,653
1875
2,076
586
8,024
1920
1,736
20,520
* The data were compiled by the Federal Reserve System Committee on Branch, Group, and Chain Banking and incorporated
in an unpublished study, Changes in the Number and Size of
Banks in the United States, 18S4-19SI, pp.'91-93. Figures are as of
June 30 or nearest available date. Annual figures for the period
1835-1940 ore published in Banking Studies, a publication of the
Board of Governors, p. 418.
b
Figures are from the annual reports of the Comptroller of the
Currency.
c
Excludes mutual savings banks and banks in possessions. Figures are from the annual reports of the Comptroller of the Currency, but the figures for 1915 and 1920 have been revised to exclude branches (see the discussion under "number of banks" on
p. 10). For most of the earlier years the figures in the table are
lower than the true figures, because of the incompleteness of reports by State authorities to the Comptroller of the Currency.
There are, moreover, differences among the States in the types of
institutions under State supervision, and therefore in the bases of
the reports; many States had no department or official responsible
for banking statistics until recent years.
d
The figures for most years are only approximations. No
figures are available prior to 1877. Those for 1905 and prior
years are token from the Publications of the National Monetary
Commission, Vol. 7, p. 250. Figures for the years 1910 and 1915
are taken from the Rand McNally Bankers' Directory. The figure
for 1920 was collected by the Federal Reserve System Committee
on Branch, Group, and Chain Banking.
ALL BANKS BY CLASSES, 1914-1941
Since 1923 the Federal Reserve System has assembled from official sources selected data for all
banks, both members of the Federal Reserve
System and nonmembers, in order to bring out
general trends in the banking structure of the
country and in the relationship of member
banks to the banking structure. These data
were carried back to 1914. The figures for
national banks are taken from abstracts or summaries of condition reports of these banks compiled by the Comptroller of the Currency, and
the figures for State banks are derived from
abstracts or summaries compiled by State banking departments.
Tables 1-8 present the Board's compilation of
statistics for the period 1914-1941 for all banks
in the United States, grouped to show broad
changes in the different types of banks classified
according to function and supervisory jurisdiction. Table 1 includes statistics of the number
and deposits of all banks and of each of the principal classes of banks for June call dates 19141922, and for June and December call dates
1923-1941. Similar data for each State for the
mid-year call date in 1914,1919,1924,1929,1934,
and 1941 appear in Table 8. Table 2 presents
additional statistics for the period 1914-1941 for
all banks and Table 3 gives similar data for all
commercial banks. In these tables the following
items are covered: number of banks? loans, investments classified into United States Government obligations and other securities, and deposits classified into interbank and all other
deposits. Tables 4-7 present series covering the
same items for each of the following classes of
banks: national banks, State member banks,
nonmember commercial banks, and mutual savings banks. The tables for national and State
member banks include data for bankers' balances, which are not available on a satisfactory
basis for the other classes of banks; the table
for mutual savings banks shows no breakdown
of deposits, since practically all their deposits
are savings deposits.
Classification of banks. In assembling general statistics of banks it is necessary to distinguish banks from other financial institutions
and to select the more significant classifications
of banks. For general statistical purposes it may
be said that a bank is a financial institution
which accepts money from the general public for
deposit in a common fund, subject to withdrawal
or to transfer by check on demand or on short
notice, and makes loans to the general public.
ALL BANKS
This definition comprehends national banks
(which are chartered by the Federal Government), banks organized under State laws (including commercial banks, trust companies, mutual and stock savings banks, industrial banks,
and cash depositories), and unincorporated banks
(private banks and bankers). It excludes building and savings and loan associations, personal
loan and other small-loan companies, credit
unions, mortgage companies, sales finance com•panics, insurance companies, and credit agencies
owned in whole or in part by the Federal
Government.
Banks may be grouped in a variety of classifications. The classifications selected for Tables
1-8 are (1) those which indicate supervisory
jurisdiction and (2) those which indicate function, that is, which distinguish broadly between
the types of deposit business handled.4
Classification by supervisory jurisdiction depends in part on the incorporation of the bank
under Federal or State law, in part on membership in the Federal Reserve System, and in part
on Federal insurance of deposits. Under our dual
banking system a bank may be organized as a
national bank under Federal law or as a State
bank under State law. A State bank may be
converted into or replaced by a national bank,
and vice versa. The classes of banks shown are:
(1) National banks. National banks are
incorporated under Federal law and operate
under the supervision of Federal authorities
only. All national banks in the continental
United States are required by law to be members of the Federal Reserve System and of
the Federal Deposit Insurance Corporation.
(2) State member banks. Banks organized
under State laws may be admitted to membership in the Federal Reserve System upon complying with certain prescribed conditions. All
State member banks of the Federal Reserve
System are required to be members of the
Federal Deposit Insurance Corporation. State
member banks are subject to both Federal and
State supervision.
(3) Insured nonmember banks. State banks
which are not members of the Federal Reserve
System may be admitted to Federal deposit
insurance upon - meeting certain prescribed
conditions. These banks also are subject to
both Federal and State supervision.
(4) Noninsured banks. These banks do not
come under Federal supervision. They include banks chartered under State laws and
subject to State supervision and unincorpo*For a more detailed discussion of the different classifications of
banks, see Banking Studies, a publication of the Board of Governors, pp. 88-95.
rated banks. A further discussion of unincorporated banks appears on pages 8-9.
At the end of 1941 national banks, i.e., banks
subject to Federal supervision only, comprised
about one-third of the number and held about
50 per cent of the deposits of all banks. The
great majority of banks operate at least in part
under Federal supervision: at the end of 1941
about 90 per cent of all banks, holding nearly 90
per cent of total bank deposits, participated in
Federal deposit insurance; and about 45 per cent
of all banks, holding over 75 per cent of total
bank deposits, were members of the Federal Reserve System.
The broad classification of banks by function,
which is based on the type of deposit business,
divides banks into commercial and mutual savings banks. Commercial banks are those banks
the business of which includes the holding of
checking accounts and other deposits subject to
withdrawal on demand, and the making of shortterm self-liquidating loans to commerce, agriculture, and industry. Commercial banks include both Federal-chartered and State-chartered
institutions,5 and the group, therefore, cuts across
the classification of banks by jurisdiction.
Mutual savings banks carry only savings and
other time deposits (with some unimportant
exceptions) and they invest their funds mostly
in mortgage loans and securities. All of them
are State-chartered institutions and they exist
in only a few States, mostly in the Northeastern
section of the country. A considerable number of
mutual savings banks have their deposits insured by the Federal Deposit Insurance Corporation, including three which are members of
the Federal Reserve System. The distinction
between mutual savings banks and commercial
banks is not strictly functional, since the great
majority of commercial banks also carry varying proportions of savings and time deposits. At
the end of 1941 there were 548 mutual savings
banks with deposits of about 10 billion dollars
and 14,277 commercial banks with deposits (excluding interbank deposits) of about 60 billion,
of which about 16 billion were savings and other
time deposits.
Sources and coverage of all-bank data, 19141941, The figures for all banks are aggregates of
figures for national banks as compiled by the
Comptroller of the Currency from call reports of
condition.and of figures for State banks as compiled by State banking departments, except for
B
Organizations coming under the general heading of State banks
which are counted as commercial banks are: State commercial
banks, trust companies, stock savings banks, industrial banks,
and cash depositories. ' For a brief description of these, see
Banking Studies, a publication of the Board of Governors, pp.
94-95.
BANKING AND MONETARY STATISTICS
some adjustments made in figures published in
original sources in order to present substantially
comparable data and to eliminate obvious errors
and inconsistencies.
Figures for all commercial banks are totals of
data for national banks and for State banks
other than mutual savings banks. Such figures
for State banks for the period beginning with
1923 were taken from abstracts or summaries
of condition reports compiled by the State banking departments; for the period 1914-1922 the
figures were taken largely from annual reports of
State banking departments but partly from annual reports of the Comptroller of the Currency,
Figures in available reports of the State banking
departments for the period 1914-1922 were compared with those published in the Comptroller's
reports, and in some instances adjustments were
made in the State figures in order to make ,them
consistent and comparable with national and
State member bank data.
The statistics for various classes of banks
shown in Tables 1-8 were derived as follows:
For national banks, State member banks, and
insured nonmember banks, figures were compiled
by the respective supervisory agencies from
condition reports submitted by such banks to
the Comptroller of the Currency, the Federal
Reserve Banks, and the Federal Deposit Insurance Corporation, respectively. The introductory texts to Sections 2 and 3, which show detailed data covering member banks and all insured banks, respectively, may be referred to for
an explanation of the summary data for these
banks shown in Tables 1-8. The figures for mutual savings banks were taken for the most part
from State abstracts and reports of State
banking departments, and to some extent from
annual reports of the Comptroller of the Currency. The figures for nonmember commercial
banks were derived by subtracting the figures
for State member banks from those for all
State banks other than mutual savings banks;
and tho§e for noninsured comlnercial and noninsured mutual savings banks were derived by
subtracting from the total of the given class
of banks the figures for insured banks in the
same class (except as explained on page 10).
The items for all banks heretofore published
by the Board have included the number of banks
and the amounts of loans, investments, and deposits other than interbank deposits. Borrowings were also (included in earlier years, but in
recent years they have been negligible in amount
and have not been published. Four additional
series are now presented: total deposits, interbank deposits, and a breakdown of investments
into United States Government obligations and
other securities. The State bank figures included in the new series were compiled in part
from State abstracts and annual reports, and in
part from the annual reports of the Comptroller
of the Currency. In some instances the State
abstracts or reports did not show sufficient information for the purpose; on the pther hand,
the figures in the Comptroller's annual reports,
particularly the breakdown between United
States Government obligations and other securities, could not be used in some cases without
adjustment to take account of obvious inconsistencies in classification of securities or the
inclusion of a substantial amount of "unclassified" securities in "other" securities. It has
been necessary, therefore, to make estimates for
banks in some States on some dates. The figures
on State bank holdings of United States Government obligations for the period 1914-1933 are
based on estimates made by Henry R. Bowser
and Harold T. Pearson of the Federal Reserve
Bank of Boston, described in the Harvard Review of Economic Statistics for August 1936,
pages 126T33.
The tables in this section do not include a
separate classification for unincorporated (private) banks.6 Such banks, moreover, are included in this section only to the extent that
they were under State supervision or reported to
State banking departments—the source of the
Board's data for these banks. An exception is
the inclusion of three large private banks in the
period 1928-1933, as explained on page 9. Section 21 (a) of the Banking Act of 1933 in effect
required all unincorporated banks beginning with
June 16, 1934, to submit condition reports either
to State banking departments or to the Comptroller of the Currency. Under this provision of
law a number of such banks, including the large
^ ones in New York and Pennsylvania, began to
report to the banking departments of the States
in which they are located or to the Comptroller
pf the Currency. This provision was amended
by the Banking Act of 1935 so as to require,
in effect, that all unincorporated banks submit
periodic reports of condition to the State banking departments.
There is only limited information to indicate
the proportion of all unincorporated banks omitted from the Board's statistics. There were
probably about 3,000 unincorporated banks in
1914; the number appears to have declined
sharply during the next two years and again from
1920 to 1921, and was only about 1,000 in 1924;
6
Unincorporated banks have never been eligible for Federal Reserve membership. They have also been ineligible for Federal
deposit insurance since the passage of the Banking Act of 1935;
one unincorporated bank admitted to deposit insurance before that
time was still insured on December 31, 1941.
ALL BANKS
by 1934, when all private banks were required by
law to make reports to Federal or State authorities, there appear to have been less than 250 such
banks reporting, and by 1941 about 50.7 The
figures for the early years covered by Tables 1-3,
6, and 8 may exclude more than two-thirds of all
unincorporated banks.8 Most of those excluded,
however, were very small; and, as described in a
later paragraph, the figures beginning with 1928
have been revised to include the assets and liabilities of three large unincorporated banks.
Revisions of earlier statistics of all banks.
From time to time revisions have been made in
the Board's all-bank statistics to take account
of revisions in member bank data or of substantial errors or inconsistencies discovered in
the State abstracts. An example of the former
is the revision made in 1928 of back figures of
member bank loans and investments by (1) deducting from the reported figures of loans the
amount of acceptances of other banks and foreign bills of exchange sold with endorsement, and
(2) deducting from in vestments "the amount of
securities borrowed. These revisions in member bank statistics are described in the introductory text to Section 2, pages 67-68. An example of the second type is the revision made in
1928 of back figures for State banks by transferring to loans a large amount of real estate
mortgages of Michigan State banks which were
previously reported as investments. Further revisions which have been made in preparing data
for this publication are listed below.
Unincorporated banks. For the period 1928-19*33 the
figures have been revised to include the assets and
liabilities of three large unincorporated banks (in
New York and Pennsylvania) which did not begin
to report to State banking departments until June
1934, but for which figures back to 1928 have been
made available to the Board.
Morris Plan banks. For the period beginning with
June 1934 the figures have been revised to include
all so-called industrial or Morris Plan banks in the
States of New York, North Carolina, and Connecticut.
7
Reports indicate that in four States there are about 100 very
small private banks that dp not report to State banking departments in spite of the provisions of the Banking Act of 1935.
8
During the period 1914-1932 the Board's figures included a
much smaller number of all unincorporated banks than is included
in compilations covering the same period made by the Comptroller of the Currency, since the Comptroller's compilations include some banks which submitted reports to the Comptroller upon
his specific requests in addition to those reporting to State banking departments. For example, in 1916, when there appear to have
been 1,968 unincorporated banks in all (in December), the Comptroller's annual report shows a total of 1,014 (in June) with deposits aggregating 148 million dollars and the Board's compilation included 595. The Comptroller's figure includes 419 banks
with deposits of 57 million dollars not under State supervision;
these banks were located in the States of Illinois, Iowa, Michigan,
and Texas. In December 1932 the total number of unincorporated
banks appears to have been about 428; the Comptroller's annual
report shows a total of 227 in June with deposits aggregating 41
million dollars and the Board's compilation covered 176 such
banks. The Comptroller's figure includes 51 banks in Georgia,
Michigan, Texas, and Iowa, with deposits of 7 million, which
were not under State supervision.
9
These banks were first included in the Board's compilations in June 1937 in the case of New York and
North Carolina and in December 1938 in the case of
Connecticut. In preparing data for this publication it
was decided to include all such banks back to 1934,
the year in which Federal deposit insurance began.
Foreign branches. For the period 1920-1938 the
figures from State abstracts have been revised to exclude the assets and liabilities of foreign branches of
State member banks in New York (as reported to the
Federal Reserve Bank). Beginning with 1939 the
reports by these banks to the State banking department have excluded the assets and liabilities of
foreign branches, conforming to the practice which
has apparently been followed always by national
banks and which beginning with 1920 has been followed by State member banks in reports to the Federal Reserve Bank?
Commercial and mutual savings banks. For the
period 1914-1938 the figures for commercial banks,
i.e., all banks other than mutual savings banks, have
been revised to include a la'rge bank in California *
which through 1939 had been regarded as a mutual savings bank. This revision affects the breakdown by
commercial and mutual savings banks but not the
statistics covering all banks.
Some other revisions were made in statistics heretofore published covering mutual savings banks and commercial banks which do not affect the figures for all
banks. For example, in the case of New Hampshire,
it was found that the figures for mutual savings banks
as heretofore published sometimes excluded guaranty
savings banks and, on the other hand, sometimes included the assets and liabilites of savings departments
of trust companies. In the present compilation the
guaranty savings banks have been included with
mutual savings banks throughout the period, while the
assets and liabilities of the savings departments of
trust companies have been included with commercial banks throughout the period. Similarly, in New
Jersey two mutffal savings "associations" heretofore
have been at times included and at other times excluded from the statistics covering mutual savings
banks; on the other hand, the mutual savings bank
figures for 1919 and 1920 included one large stock savings bank. In the present compilation the mutual
savings "associations" have been included with, and
the stock savings bank excluded from, the mutual
savings bank figures.
Other deposits. For the period 1914-1941 the statistics of "other deposits," i.e., deposits other than
interbank deposits, as reported in some State bank
abstracts have been revised by deducting estimated
amounts of interbank deposits not reported separately
from other deposits. This adjustment was made
incident to the compilation of statistics of interbank
deposits of all banks, not heretofore published by the
Board.
For the period June 1914 to June 1935 the statistics
of "other deposits" of all banks have also been revised to include deposits reported by national banks
as "due to Federal "Reserve Bank, deferred credits"
(now known as "due to Federal Reserve Bank, transit
account"), to conform to the practice followed in
member bank reports beginning with December
9
The reports submitted by these banks to the Federal Reserve
Bank of New York in June 1919 agree substantially with the corresponding reports submitted by them to the State banking department and presumably include the assets and liabilities of foreign
branches. It is not practicable, however, to make any adjustment
before 1920 because separate reports .of assets and liabilities of
foreign branches were not submitted to the Federal Reserve Bank
before that time.
10
BANKING AND MONETARY STATISTICS
1935,10 As explained in the introductory text to Section 2, page 69, footnote 22, these deposits are not
interbank deposits, although for years they were so
regarded.
For the period December 1928-June 1933 the statistics of "other deposits" of all banks have been revised by deducting interbank time deposits reported
by national banks. In the original compilations only
demand deposits due to banks had been deducted from
total deposits in deriving "other deposits" of national
banks. No revision was necessary in the State
bank figures because interbank deposits as shown in
State abstracts apparently included both demand and
time interbank -deposits, and the entire amount had
always been deducted in deriving "other deposits" of
State banks,
Differing call dates. The dates for which State
bank figures are available sometimes differ from
national and State member bank call dates; in
such cases the State figures for the nearest available
call date are used ordinarily. However, in a few
instances in which State call dates differed from member bank call dates, the State abstract totals covering
all State banks obviously were inconsistent with figures
reported by State member banks" to Federal Reserve
Banks; in such instances estimated figures for all State
banks have been substituted for those heretofore used.
The estimated figures are the sum of (1) figures reported for the current call date by State member
banks in the given State and (2) figures for nonmember banks as of the last preceding date on which State
and member bank calls coincided. The nonmember
bank figures brought forward in such instances were
derived by subtracting from the State abstract totals
the figures reported by State member banks as of the
same call date.
Federal Deposit Insurance Corporation reports. For
the period beginning with June 1934, when figures covering insured banks first became available, a number of
adjustments have been made in the State abstract
figures in order to make them comparable with corresponding statistics published by the Federal Deposit
Insurance Corporation covering insured State banks.
These adjustments were made in the following circumstances :
First, if, according to available records, all commercial banks in a given State were insured as of the
given call date, then obviously the figures covering
State commercial banks published by the Federal Deposit Insurance Corporation and the State banking
department should have been identical. Where that
was not the case, the total published by the Federal
10
No corresponding adjustment was made for amounts due to
Federal Reserve Bank by State banks because (1) such deposits
were rarely segregated in State bank abstracts, (2) interbank deposits, which in most cases presumably included amounts due to
Federal Reserve Bank, were not shown separately in some State
abstracts and had, to be approximated, (3) amounts due to Federal Reserve Bank as reported by State member banks, which
might have been used as a basis of adjustment of the figures
reported by all State banks for the period June 1919-June 1935,
have not been segregated in State member bank reports beginning
with December 1935, and (4) the largest total amount due to Federal Reserve Bank reported by State member banks on any date
was 17 million dollars, an amount which is considerably smaller
than some of the other adjustments made in the State bank deposit figures to put them on a basis substantially comparable
with those reported by member banks.
Deposit Insurance Corporation has been substituted
for t!he figure shown in the State abstract.
Second, in some instances the totals for loans, investments, interbank deposits, or other deposits as
shown in the State abstract covering all State commercial banks were smaller than the corresponding
totals covering insured State commercial banks alone
as published by the Federal Deposit Insurance Corporation. In other instances the residual figures for
noninsured commercial banks, derived by subtracting
the Federal Deposit Insurance Corporation figure?
covering insured State commercial banks from the
State abstract total, obviously were too small or too
large. In all such cases where the two sets of statistics were obviously not comparable, the differences
were due generally to differences in the form of underlying reports or to the fact that for technical reasons some insured banks were excluded from either
the State abstract or the statistics of insured banks.
Adjustments were made in such instances, usually by
tabulating available figures for the noninsured banks.
With the above described adjustments to remedy
limitations of the underlying data, there is reason to
believe that the reported or adjusted figures for all
States are substantially correct. However, when complete and authentic lists of insured banks and noninsured banks become available for the period since
January 1, 1934, when Federal deposit insurance began, some changes doubtless will have to be made in
the figures covering noninsured banks in individual
States, particularly for the year 1934. For that year
it is difficult to determine definitely which banks
were operating with restrictions on deposit withdrawals and' which were in cohservatorship or in some
stage'of liquidation. Because of such • difficulties, the
Federal Deposit Insurance Corporation statistics covering insured banks for June 1934 exclude (1) 21
banks which failed to report because of having been
placed in liquidation or receivership or of having
merged with other banks about the time the call for
condition reports was announced and (2) 22 other
banks. which failed to report for other reasons or
which reported too late to be included in the tabulation. Some of the banks thus excluded from the
Federal Deposit Insurance Corporation tabulation
probably were included in the State abstracts.
Corrections of underlying abstracts. Corrections
have been made for errors or inconsistencies discovered
either in underlying abstracts or in tabulations made
therefrom. For example, some assets had been erroneously reported as loans instead of as securities, and
vice versa; and some special items of assets or liabilities had not been classified and consequently had
been excluded from loans, investments, or deposits, as
the case might be. More recent figures have also been
substituted in cases where the original compilations
were based m part on data for a previous call date.
Number of banks. For the period 1914-1922 statistics of number of banks, originally taken directly from
the annual reports of the Comptroller of the Currency,
have been revised to exclude branches. These revisions were made necessary principally because some
State abstracts and reports, and presumably corresponding statements furnished to the Comptroller, did
not indicate clearly whether the reported number of
banks included or excluded branches. Similar revisions have been made to some extent since 1922.
ALL BANKS
11
OTHER STATISTICS ON MONEY SUPPLY AND BANKING STRUCTURE
Additional information bearing on the money represent a double counting of deposits, that is,
supply and banking structure of the -country is at the bank in which the check is deposited and
available in Tables 9-17. The tables are not at the bank on which the check is drawn. Deuniform with respect to the group of ban&s in- posits of the United States Government, which
cluded or the period covered. Nevertheless they are not included in demand deposits adjusted,
make possible a better understanding of the com- are shown separately and are included in the
position of and changes in the banking structure totals of deposits and currency. Deposit figures
over a period of time. Table 9 presents estimates are for all banks in the United States and are
of deposits and currency for the entire banking partly estimated, as indicated in the following
system since 1892. Various classifications of paragraphs and in the description of Tables 1-8
banking data by size of place in which the bank given in preceding pages.
The following paragraphs include a detailed
is located and by size of bank are given in Tables
10-13. Table 14 shows the nature of the changes description of the individual items comprising
which have taken place in the number of in- adjusted deposits and currency outside banks
corporated commercial banks during each year shown in Table 9.
of the period 1921-1941. Tables 15-17 give
Demand deposits adjusted and time deposits at
statistics relating to the Federal Reserve par
commercial banks. Demand deposits adjusted include
list. Each of these tables is discussed in the
all demand deposits at commercial banks in the continental United States except interbank and United
following paragraphs.
States Government deposits, less cash items in procDeposits and currency. Table 9 shows deess of collection. Time deposits at commercial
posits at all banks in the continental United
banks include all time deposits at such banks except
States and currency outside banks for se lected
interbank deposits, postal savings redeposited in
banks, and United States Government time deposits.
call dates beginning with 1892. These f.gures
These series were derived from the following sources
provide an indication of the total volume )f the
over the years indicated: From 1892 through 1913,
means of payment outstanding in the country
figures are based on unpublished estimates of demand
over that period. The supply of money, n the
and time deposits, exclusive of interbank deposits, at
all domestic banks, made by the Board's staff from
sense of a means of payment, is generally d ifined
a variety of sources, including compilations of the
to include currency and demand depos: ts of
National Monetary Commission and the Comptroller
banks. Time deposits are also sometimes inof the Currency. Beginning with 1914, data are totals
cluded in measures of money supply, although in
of reported figures for member banks and partly
estimated figures for nonmember banks. The estigeneral they probably represent savings ar d not
mates for nonmember banks were obtained by applyfunds intended to be used for current expendiing to figures for total deposits excluding interbank
tures. The principal reasons for their inc usion
deposits at these banks a series of ratios of demand
in measures of money supply are the following:
to total deposits at nonmember banks derived from
(1) estimates based on the Comptroller's figures and
(1) the distinction between time and demai d deState bank abstracts for 1914 through 1926, and (2)
posits has been a varying one— during the !.920's
figures reported by the Comptroller of the Currency
time deposits at banks could be and were more
on June call dates for 1927 through 1938, and on both
freely used for current payments than at other
June and December call dates beginning 1939. Prior
to 1928 these nonmember figures include small
times, while in recent years demand deposits have
amounts estimated as total deposits at non-reporting
included for various reasons an increasing anount
banks, based on figures for reporting private banks;
of savings; (2) time deposits and demand dethese estimates for non-reporting banks are not inposits both represent similar bank liabilities and
cluded in other tables in this section. Figures for
have similar roles in the 11
process of bank credit
cash items in process of collection, which were used
in computing demand deposits adjusted, prior to 1914
expansion or contraction.
were obtained from the annual reports of the CompThe figures in Table 9 have been adjusled to
troller of the Currency; beginning with 1914 totals of
show as nearly as possible the deposits an< [ curreported figures for member banks and estimated
rency owned by the public. Currency hdd as
amounts for nonmember banks were used. The nonmember bank estimates were based on the behavior
vault .cash in banks has been deducted fro; n the
of float at nonmember commercial banks derived from
total amount of currency outside the Treasury
reports of the Comptroller through 1933 and of the
and Federal Reserve Banks. Deposit fgures
Federal Deposit Insurance Corporation thereafter.
have been adjusted to exclude interbank deposits,
United States Government deposits. These figures
were obtained from the annual reports of the Compwhich do not represent money available to the
troller of the Currency, 1892-1916; from the annual
public, and items in process of collection comreports of the Secretary of the Treasury on June call
monly called "float"), inclusion of which
dates, 1917-1925; from the Treasury Daily Statement
1
1
These points are discussed more fully in the pa per on
"Money System of the United States" in Banking Stidies, a
publication of the Board of Governors, p. 302.
showing totals of deposits in "Special Depositaries
Account of Sales of Government Securities" and in
"National and Other Bank Depositaries," on December
BANKING AND MONETARY STATISTICS
12
call dates, 1917-1939, and on June call dates, 1926- position of the various items of assets and lia1940; and from the annual reports of the Comptroller bilities see the introductory text to Section 2,
beginning with December 1940. Balances not in banks
in the continental United States are excluded through- pages 63-70, for member banks, and Section 3,
out. Relatively small amounts of "United States page 107, for insured banks.
Treasurer's time deposits, open account," are included
Table 11 shows monthly figures of gross demand
beginning with December 1938.
and time deposits held by central reserve city
Time deposits at mutual savings banks. These
figures are from the annual reports of the Comp- member banks in New York City and in Chicago,
troller of the Currency prior to 1914, and thereafter and by other member banks classified by larger
from data compiled by the Board in the manner de- centers (population of 15,000 and over) and by
scribed • on pages 8 and 9 of this section. Figures smaller centers (population under 15,000).
include relatively small amounts of demand deposits.
They have been adjusted throughout to reclassify as Classification of deposit data by large and small
a nonmember commercial bank one bank in San centers was initiated in 1923 in order to facilitate
Francisco which was classified as a mutual savings analysis of banking trends in localities which
bank in the Board's figures through 1939.
were typically smaller than those represented
Time deposits in the Postal Savings System. These
data are Post Office Department' figures for de- by "country" banks. The latter classification,
positors' balances. They include both amounts re- which was established for reserve purposes, indeposited in banks and amounts not so redeposited. cludes banks in some relatively large centers.
Amounts redeposited in banks outside the continental
The data in Table 11 are averages of daily
United States are excluded.
Currency outside banks. These figures represent figures for each month during the period 1936total currency in circulation outside the Treasury and 1941 and were compiled from reports to the
Federal Reserve Banks less vault cash held by com- various Federal Reserve Banks submitted by
mercial banks. Figures for currency in circulation member banks for the computation of- reserve
are as shown in Tables 109 and 110 of Section 11 and
as described in the text accompanying that section, requirements. The classification of cities by
page 404. Figures for vault cash are from the population is based on the 1930 census, except
annual reports of the Comptroller of the Currency for 1941 and the second series of data for 1940,
on June call dates through 1938, and on June and for which the 1940 census is used.
December call dates beginning with 1939. On other
Similar data for each Federal Reserve disdates they are totals of reported figures for member
banks and estimates for nonmember banks. These trict are published monthly in the Federal
nonmember estimates are based on the behavior of Reserve
Bulletin, and monthly data by
vault cash at nonmember commercial banks derived States for banks in places of under 15,000 for the
from annual reports of the Comptroller through 1933
and of the Federal Deposit Insurance Corporation current year are available in mimeographed
form.. Figures for grass demand deposits are not
thereafter.
Distribution of banks by population of
place in which located and by size. A few large
banks in big. cities account for a substantial part
of the assets and liabilities of all banks, but
changes in assets, and liabilities of banks in
smaller places are significant in themselves. These
changes are frequently lost in over-all banking
statistics which are dominated by the large city
banks, On June 30, 1941, nearly two-thirds of
all deposits of the 14,300 commercial banks in
the country were held by 154 banks, most of
which were located in big cities and each of whicn
had deposits of more than 50 million dollars.
Table 10 gives the principal assets and liabilities of all member banks in New York City,
Chicago, and in other cities in three broad population classes—500,000 and over, 100,000 to 500,000, and under 100,000—for June and December for the period 1929-1941; similar
data are shown for the period 1934-1941 for insured nonmember commercial and for all insured
commercial banks. All classifications of cities
by population are based on the 1940 census. Figures exclude banks in the possessions. For a description of the sources of the data and the com-
available prior to 1936. However, monthly
average figures of time deposits and net demand
deposits are available beginning with 1929;
such figures for one date in each month
from April 1923 to December 1928 are available
for banks in four population groups: less than
5,000; 5,000-15,000; 15,000-100,000; 100,000 and
over.12 Figures for gross demand deposits,
which have been shown since 1935, are generally
not comparable with the figures for net demand
deposits previously reported; for a discussion of
this point see the Federal Reserve Bulletin for
September 1936, page 700.
Table 12 gives, by class of bank (national,
State member, insured nonmember, and noninsured), a detailed cross classification of the
number of banks by population of place in which
located in 9 groups and by amounts of deposits
in 9 groups on June 30, 1941. Table 13 gives,
for the same classes of banks, a cross classification of both number and deposits of banks by
States and by the various deposit groupings used
12
For figures for 1929-1935 see Annual Report of the Federal
Reserve Board for 1933, p. 168; for 1934, p. 154; for 1935, p. 163.
For figures for April 1923-December 1928 see Annual Report for
1927, p. 108, and for 1928, p. 116.
ALL BANKS
in Table 12. The data for these tables were
furnished by the Federal Deposit Insurance
Corporation; certain adjustments were made in
the original figures for noninsured banks, as explained in footnote 1 to Table 12.
Changes in the number of incorporated commercial banks. Table 14 presents a statistical
analysis of the changes in the number of incorporated commercial banks13 during the
period 1921-1941. This period is of particular
interest because the number of banks in the
country reached a peak about 1920 from which
there has been a steady decline to about half the
original number. Figures for the period 19211931 were compiled by a special committee of
the Federal Reserve System appointed in 1930
to assemble and digest information on a number
of subjects relating to the banking structure.
The data for national banks were collected from
the office of the Comptroller of the Currency, and
for State banks from the various State banking
departments. Since 1931 the Board has received
regular periodic reports of all changes in the
number of banks.
Current statistics for these series are published
quarterly in the Federal Reserve Bulletin and
yearly in the annual report of the Board of
Governors of the Federal Reserve System, Beginning with -1938, the statistics which have appeared in the Bulletin and the annual reports
have shown changes for all banks, by classes,
that is, for unincorporated and mutual savings
banks in addition to the classes of banks which
comprise incorporated commercial banks.
The statistical analysis in Table 14 of changes
in number of banks is shown by classes of banks:
all incorporated commercial banks, national
banks, State member banks, and nonmember incorporated commercial banks. The following
paragraphs describe in detail the various classifications of increases and decreases used in
Table 14 and explain other details concerning
the figures.
A primary organization represents the chartering of
a newly organized bank. A primary organization can
usually be distinguished without difficulty from a consolidation, merger, absorption, succession or conversion
of a going bank, in spite of the fact that any of these
transactions may require the issuance of a new charter,
but it is frequently difficult to distinguish from a reopening. The extent to which the stockholding interests, assets, and deposits of a suspended bank continued intact was the important factor in determining
whether to classify the bank as a primary organization or a reopening. For the years 1933-1936, however,
the figures of primary organizations include all new
banks organized to succeed unlicensed national and
State banks, because it was not practicable to deter18
Incorporated commercial banks exclude mutual savings banks as
well as all "private" banks.
13
mine from available information the extent to which
the stockholding interests, assets, and deposits of the
unlicensed bank continued intact in the new bank. If
a suspended national bank reopened as a State bank,
or vice versa, it was considered a primary organization
and not a reopening. A new bank chartered to succeed an operating bank was not counted as a primary
organization.
A conversion constitutes the issuance to an active
bank of a national charter to supersede a State charter
under which it has previously been operating, or of a
State charter to supersede a national charter. In other
words, a charter in one system is given up and a
charter in another system is procured. A conversion
from a private bank constitutes the issuance of a
national or State charter to an existing private bank
(the incorporation of a previously unincorporated
bank). A conversion to a private bank constitutes
the surrender by an incorporated national or State
bank of its charter and continuance of its business as
an unincorporated enterprise.
Only simple conversions looking towards permanent
operation under the newly issued charter and involving no other change in status were included in this
category. Some conversions are effected merely as a
necessary legal step in a consolidation, merger, or absorption, the new charter being surrendered shortly
after the conversion. In such cases it was considered
that a consolidation or absorption had occurred, rather
than a conversion, except that if the temporary bank's
existence ran over the end of the calendar year it was
considered as a conversion in the year in which it
occurred and as a consolidation, merger, or absorption
in the year following. This was necessary in order to
make the status of changes agree, in so far as practicable, with the number of banks shown in year-end
abstracts of condition reports.
A reopening of a suspended bank (other than an
unlicensed bank) constitutes the resumption of operations by a bank which had previously suspended.
The reopening may be accompanied by a change of
name and the issuance of a new charter and still be
classed as a reopening rather than as a primary organization. For the years 1933-1936, however, all new
banks organized to succeed unlicensed national and
State banks have been classed as primary organizations rather than as reopenings, because it was not
practicable to determine from available information
the extent to which the stockholding interests, assets,
and deposits of the unlicensed bank continued intact
in the new bank. A reopening of two or more suspended banks under a single charter was classed as a
single reopening. In cases where a national bank reopened as a State bank, or vice versa, the transaction
was counted as a primary organization and not as a
reopening.
A reopening of an unlicensed bank constitutes the
resumption of operations by a bank which had not
been granted a license to reopen following the banking
holiday (in March 1933) by June 30, 1933. Unlicensed
banks which were granted licenses to reopen between
March 15 and June 30, 1933, have not been included
in the tabulations (either as suspensions or reopenings). All banks not granted licenses to reopen by
June 30, 1933, have been included among suspensions,
and any such banks which subsequently were granted
licenses to reopen have been considered as reopenings
of unlicensed banks.
A suspension constitutes the closing of a bank to
the public, either temporarily or permanently, by
supervisory authorities or by the bank's board of
directors on account of financial difficulties, whether
14
BANKING AND MONETARY STATISTICS
on a so-called moratorium basis or otherwise, B unless
the closing was under a special holiday declared by
civil authorities. If a bank closed under a special
holiday declared by civil authorities and remained
closed only during such holiday or part thereof, it
has not been counted as a suspension. Banks which,
without actually closing, obtained agreements from
depositors to waive a portion of their deposits or to
defer the withdrawal of a portion of their deposits
have not been classed as suspensions. Banks which
were reopened or taken over by other institutions after
suspension have been included as suspensions. The
figures for 1933 include all banks not granted licenses
following the banking holiday in March 1933 which
were subsequently placed in liquidation or receivership
(including unlicensed banks absorbed or succeeded by
other banks), and all other unlicensed banks which had
not been granted licenses to reopen by June 30, 1933.
A consolidation or absorption represents the corporate union of two or more going banks into one bank
which continues under a single charter, whether new or
old. The term is used not in a legal or technical
sense but in an economic sense, the essential factor
being that the business of two or more going banks
becomes concentrated under one charter and one
management. Banks absorbed by other banks and
converted into branches have been counted as consolidations or absorptions. This classification also
includes cases in which a given bank was absorbed
by two or more banks which distributed its business
among themselves, and cases in which the assets and
liabilities of a weak bank were transferred to another
bank in order to avoid suspension. The figures shown
for this classification represent the number of banks
that went out of existence or were converted into
branches by reason of consolidations or absorptions;
in other words, the continuing or absorbing banks are
not counted.
A voluntary liquidation constitutes the voluntary
discontinuance of operations and the surrender of its
charter by an active bank. Voluntary liquidations
legally incidental to conversions or consolidations
or absorptions have not been counted separately
as liquidations but have been included among conversions or among consolidations or absorptions. If a
bank transferred its assets, or the greater portion of
them, to another bank under an agreement whereby
the latter assumed the liabilities of the former, the
change was classified as a consolidation or absorption,
rather than as a liquidation.
An admission to Federal Reserve membership embraces those cases where a nonmember State bank
joins the Federal Reserve System (retaining its State
charter); and a withdrawal from Federal Reserve
membership is, of course, the reverse. In a few cases,
State banks were organized with the intention of becoming Federal Reserve members before opening for
business. Such banks, however, have been shown as
primary organizations of nonmember banks, and also
have been included in admissions to membership
(under increases in State member banks and under
decreases in nonmember banks).
Unclassified changes include all cases in which, because of lack of essential data or because of special
circumstances involved in the change, it was impossible
to classify the change under any of the other headings
shown in the tables. In order that the increases and decreases might be reconciled with the actual net increase
or decrease during the period in the number of banks,
minor differences not accounted for were shown as
"unclassified." The number of "unclassified" changes
was larger in 1933 than in any other year as a result of the numerous and, in some cases, involved
changes in the status of banks, and also because of the
temporary disruption of the reporting services following the banking holiday. The number of "unclassified"
changes is very small, however, in relation to the number of other types of changes and in relation to the
net reduction of nearly 15,000 banks during the 21year period 1921-1941. All unclassified changes occurred with respect to State banks and none with respect to national banks.
Differences between the number of nonmember incorporated commercial banks shown in Table 14 and
the number of nonmember commercial banks shown
in Tables 1 and 6 are due principally to the exclusion from Table 14 of the following classes of
, financial institutions: (a) private (unincorporated)
banks, (b) a few banks which had been absorbed by
other banks or otherwise placed in liquidation but
were still included in State banking department abstracts of condition reports, and (c) a few banks still
operating under restrictions imposed at the time of
the 1933 banking holiday. Such banks are included
in State abstracts of condition reports and, consequently, are included in the all-bank figures compiled therefrom. To some extent, the differences
are also due to the fact that one or more State banking departments did not make a call for condition
reports as of the end of the year, making it necessary
to include an abstract as of a prior call date in compiling Tables 1 and 6.
While the available information as to bank changes
does not permit an exact reconcilement with the State
banking abstracts during most of the period covered
by the tables, it is evident that unincorporated banks
account for nearly all of the differences. Table 1
shows 19,103 nonmember commercial banks at the end
of 1923 (the year in which the Board began to collect
statistics of condition of all banks}, and 7,661 at the
end of 1941, while Table 14 shows 18,622 nonmember
incorporated commercial banks at the end of 1923 and
7,609 at the end of 1941. The differences between these
two sets of figures were 481 in 1923 and 52 in 1941,
and the number of private banks included in Tables 1
and 6 was approximately 450 in 1923 and 52 in 1941.
Some minor differences also exist between the figures
shown in Table 14 and figures of bank changes for
recent years published in the Federal Reserve Bulletin.
Such differences are due to revisions made in the
figures in this table in order to include more complete information than was available at the time the
Bulletin figures were published.
Statistics relating to the Federal Reserve par
list. The Federal Reserve Act provided for a
system of check collection through the Federal
Reserve Banks. The purpose of this provision
was to eliminate the undue expense and delay
which up to that time had accompanied check
collections in nearly all parts of the country.
Pursuant to the authority contained in the law,
the Federal Reserve interdistrict collection
system was inaugurated on July 15,1916. Under
this system, the Federal Reserve Banks receive
and forward for payment checks drawn on member banks, all of which are required to remit at
par, and on those nonmember banks which have
agreed to remit at par.14
"For a comprehensive discussion of par collections, see the
article on. "The Par Collection System of the Federal Reserve
Banks," in the Federal Reserve Bulletin for February 1940, p. 89.
15
ALL BANKS
Tables 15-17 present statistics of banks on
the par list and not on the par list. Table 15
summarizes for the country as a whole and by
Federal Reserve districts the number of banks on
par list and not on par list at the end of each
year beginning with 1916; Table 17 gives similar
information by States as of December 31, 1941.
Table 16 presents a special analysis as of December 31, 1939, of statistics of par and non-par
banks by Federal Reserve districts and States,
showing the number and deposits of par and nonpar banks, by class of bank, and for nonmember
banks a breakdown into those with sufficient and
those with insufficient capital stock for Federal
Reserve membership.
The statistics of banks on the par list and not
on the par list include all banks on which checks
are drawn (except a few mutual savings banks
on which some checks are drawn) and exclude
banks on which no checks are drawn. Banks
"on par list" comprise all member banks and
those nonmember banks which have agreed to
remit at par. Banks "not on par list" comprise
nonmember banks that have not agreed to pay
without deduction such checks drawn upon them
as may be forwarded for payment through the
Federal Reserve Banks. Checks on such banks
are not collectible through the Federal Reserve
Banks.
The following paragraphs give further details
regarding Tables 15-17.
In Table 15 nonmember banks not on the par list
exclude unincorporated banks for the years 1918-1933.
In 1934, 55 such banks were added to the figures, and
all unincorporated banks on which checks are drawn
are included thereafter.
Figures for total number of nonmember banks on
the basis of Tables 15 and 17 differ somewhat from the
number of nonmember banks shown in other tables of
this section, such as Tables 1, 6, and 14. The differences are due to the following facts: (1) The tables of
par and non-par banks exclude and the other tables
include banks on which no checks are drawn, principally industrial banks and trust companies without
deposits; (2) the tables of par and non-par banks
include and the other tables exclude some banks on
which checks are drawn but which do not report to
State banking departments. The banks which dp not
report to State banking departments are principally
small unincorporated banks in four States and cooperative banks in Arkansas. Furthermore, Tables 15
and 17, like Table 14, exclude some banks which are
included in Tables 1 and 6, that is, some banks
which were in liquidation or which operated under
restriction following the banking holiday of 1933 but
which nevertheless were included in the State banking
department abstracts (from which all-bank figures
were compiled).
Statistics in Table 16 were originally compiled as a
part of a study of banks eligible and ineligible for
Federal Reserve membership; consequently this table
excludes some nonmember banks (mostly small private
banks and cash depositories) that usually are counted
in statistics of par and non-par banks, and includes
some banks on which no checks are drawn that usually
are not counted in such statistics (because they are
neither "par" nor "non-par" banks). However, euch
differences are not of sufficient importance to affect
the usefulness of these data as an indication of the
location and relative size of par and non-par banks.
A reconcilement of the number of nonmember banks
on the par list and not on the .par list as shown in
Table 16 and in Table 15 for December 31, 1939,
is given below:
Par
. 5,398
Non-par
2,585
Banks on which checks are drawn but
which are not included in Table 16:
Unincorporated (private) banks
110
Cash depositories (in South Carolina)
__-__
Cooperative banks (in Arkansas)
1
Miscellaneous
____
_^
13
66
44
21
3
~l24
134
Number of nonmember banks in Table 16_
Deduct: Banks on which no checks are
drawn but which are included in Table 16:
Industrial banks
_
Trust companies and other financial institutions
-
65
62
127
Net difference
Number of nonmember banks in Table 15__
—3
+134
, 5,395
2,719
Other statistics on banking structure. Other
aspects of the banking organization of the country are covered in subsequent sections of this
book, especially branch, group, and chain banking in Section 8, pages 294-322, and bank suspensions in Section 7, pages 281-92. In addition to
the statistics given in this book, a detailed analysis of the banking organization of the United
States, by States, as of the end of 1935, classifying banks by a variety of items, such as amount
of loans and investments and ratio of total capital accounts to total deposits, was published in
the Federal Reserve Bulletin for August 1937,
pages 781-813.
BANKING AND MONETARY STATISTICS
16
NO. 1-ALL BANKS-NUMBER AND DEPOSITS,
NUMBER
Commercial banks
Member banks
All
banks
Call date
Mutual savings banka
Nomnember banks
Total
Total
Total
National
State
Total
Insured
2
. Noninsured 3
26,150
26,511
25,510
25,875
"~7\6lif
*7,518
7.598
17
417,992
18,260
26,850
27,463
28,091
28,489
29,715
26,217
26,831
27,457
27,859
29,087
7,606
7,653
8,213
8,822
9,399
7,572
7,600
7,700
7,780
8,025
34
53
513
1,042
1,374
18,611
19,178
19,244
19,037
18,688
29,788
29,458
9,745
9,892
8,150
8,244
1,595
1,648
20,043
19,566
631
628
29,827
28,505
29,201
28,877
9,856
9,774
8,236
8,178
1,620
1,595
19,345
19,103
626
628
28,986
28,806
28,372
28,185
9,650
9,587
8,080
8,043
,570
,544
18,722
18,598
624
621
1825— June 30
Dec. 31
28,479
28,257
27,858
27,638
9.538
9,489
8,066
8,048
,472
,441
18,320
18,149
621
619
1W6— June 30
Dee. 31
27,854
27,367
27,235
26,751
9.375
9,260
7,972
7.906
,403
,354
17,860
17,491
619
616
1827 June 30
Dec. 31
26,765
26,416
26,148
25,800
9,099
9,034
7,790
7,759
,309
1,275
17,050
16,766
616 1
616
25,944
25,579
25,330
24,868
8.929
8,837
7.685
7,629
,244
,208
16,401
16,131
614
611
25,113
24,633
24,504
24,026
8,707
8,522
7,530
7,403
,177
,119
15,797
15.504
609
607
23,855
22,773
23,251
22,172
8,315
8,052
7,247
7,033
,068
,019
14,936
14,120
604
601
1831— June 30
Dec. 31
21,807
19,970
21,309
19,375
7,782
7,246
6,800
6,368
982
878
13,527
12,129
598
595
1932— June 30
Dec 31
19,041
18,394
18,448
17,802
6,980
6,816
6,145
6,011
835
805
11,469
10,886
Noninaured '
•633
632
634
630
628
30.418
30,086
Insured 2
1914—June 30
1815— June 23
.
.
.
.
1816— June 30
1817— June 20
1918— June 28
1919— June 30
1820— June 30
1921 June 30
1822— June 30
_
1023— June 30
Dec. 31
1824— June 30
Dec. 31
.
6
'1828— June 30
Dec, 31
- -
1828— June 28
Dec. 31
1930— June 30
Dec, 31
- „
.
640
636
—-
592 '
592
__
1933— June 30
Dec 30
14,523
15,015
13,949
14,440
5,606
6,011
4,897
5.154
709
857
8,343
8,429
1834— June 30
Dee. 31
15,929
16,096
15,353
15.519
6,375
6,442
5,417
5,462
958
980
8,978
9,077
7,664
7,705
1,414
1,372
576
577
66
63
510
509
1935—June 29
Dec. 31
16,047
15,893
15,478
15,325
6,410
6,387
5,425
5,386
985
1,001
9,068
8,938
7,767
7,737
1.301
1,201
569
568
63
66
506
512
1986—June 30
Dec. 31
15,808
15,684
15,243
15,120
6,400
6,376
5,368
5,325
1,032
1,051
8,843
8,744
7.661
7,593
1,182
1,151
565
564
56
56
509
508
1837— June 30
Dec. 31
15,539
15,405
14.976*
14,843
6,367
6,341
5,293
5,260
1,064
1,081
8,619
8,502
7,526
7,452
1,093
1,050
563
562
56
56
507
506
1938— June 30
Dec. 31
15,299
15,207
14,737
14,652
6,338
6,338
5,242
5,224
1,096
1,114
8,399
8,314
7,385
7,319
1,014
995
562
555
56
48
506
507
15,083
16.035
14,531
14,484
6,330
6,362
5,203
5,187
1,127
1,175
8,201
8,122
7,237
7,172
964
950
552
551
49
51
503
500
14,955
14,895
14,404
14,344
6,298
6,486
5,164
5,144
1,234
1,342
8,006
7,858
7,081
6,952
925
906
551
551
51
53
500
498
14,855
14,825
14,305
14,277
66,556
•6,619
5,130
5,117
•1,426
•1,502
7,752
7,661
6,869
6,810
8S3
851
6550
6548
*53
652
497
496
1939—June 30
Dec. 30
. .
1940—June 29
Dec. 31
1941— June 30
Dec. 31
_
574
575
1
Figures exclude those unincorporated or "private" banks not reporting to State banking authorities, except as noted in footnote 5 of this
table. Banks in United States possessions are excluded except one national bank in Alaska, which was a member of the Federal Reserve System
from the time it opened for business in April 1915 until it was placed in voluntary liquidation in April 1921 and which in June 1919 had total
deposits of $351,000.
2
Federal deposit insurance began January 1, 1934. The number of insured banks, as explained in footnote 2 of Table 39, page 108, includes
some banks which did not submit condition reports and for which, therefore, deposit figures are not included. The difference between the deposit
figures for insured nonmember commercial banks as shown in this table and in Table 43 is due to the fact that Table 43 includes the deposits of
insured banks in United States possessions.
3
The figures for noninsured banks are residuals derived by subtracting the figure for insured banks from the total. As explained in the
introductory text, pp. 8 and 10, they are subject to some change when a tabulation is made of figures for individual noninsured banks.
17
ALL BANKS
1
BY CLASS OF BANK, 1914-W1
TOTAL DEPOSITS
[In millions of dollars]
Commercial banks
All
banks
Call date
Mutual savings banks
Member banks
Nonmember banks
Total
Total
National
State
Total
Insured
2
Noninsured 3
Total
Insured 2
Noninsured 3
21,256
21,894
17,390
17,993
*8,560
8,817
4
8,894
77
8,830
9,099
3,866
3,901
26.219
30,258
32,373
37,473
41,282
22,079
25,885
28,011
32,739
36,114
11,133
13,397
18,981
22,833
25,401
10,872
12,768
14,042
15,935
17,159
261
629
4,939
6,897
8,242
10,946
12,488
9,030
9,906
10,713
4.140
4,373
4,362
4,734
5,168
1921— June 30
1922— June 30
38,505
40,814
32,987
35,105
23,350
25,547
15,142
16,323
8,208
9,224
9,637
9,558
5,618
5,709
1923— June 30
Dec. 31
43.942
45,893
37,725
39,515
27,088
28,507
• 16,899
17,826
10,189
10,681
10,637
11,008
6,217
6,378
47,291
50,888
40.656
44,068
29,566
32,384
18,349
19,996
11,217
12,387
11,090
11,684
6,635
6,820
1925— June 30
Dec. 31
51,641
54,111
44,552
46,892
32,457
34,250
19,912
21,077
12,546
13,173
12,095
12,642
7,089
7.219
1926— June 30
Dec 31
53,736 ! 46,253
54,581 ; 46,898
33,762
34,528
20,644
20,859
13,118
13,669
12,491
12.370
7,483
7,683
1927— June 30
Dec. 31
55,797 i 47,781
57,622
49,357
35,393
36,657
21,778
22.856
13,615
13,801
12,388
12,700
8,016
8,265
1928—June 306
Dec 31
57,791
61,480
49,215
52,710
36,050
39,067
22,645
24,335
13,405
14,732
13,165
13,643
8,576
8,770
57,941
59,832
49,036
50,994
35,866
37,981
21,586
22,738
14,279
15,243
13,170
13,013
8,905
8,838
59,828
58,092
50,711
48,668
38,069
37,029
23,235
22,836
14,834
14,193
12,642
11,639
9,117
9,424
56,902
49,500
46,974
39,497
36,123
30,711
22,164
19,210
13,959
11,501
10,851
8,786
9,928
10,012
45,411
45,886
35,484
35,957
27,836
28,690
.17,428
18,486
10,407
10,204
7,648
7,267
9,927
9.929
41,532
42,125
31,911
32,637
26,564
27,167
16,741
17,555
9,823
9,612
5,347
5,470
9,621
0,488
1934— June 30
Dec. 31
46,435
49,708
36,744
39,970
31,012
33,848
19,896
21,637
11,116
12,211
5,732
6,122
4,821
5,165
911
957
9,691
9,738
1,040
1,045
8,951
8.663
1935— June 29
Dec. 31 _•
51,149
55,239
41,319
45,368
34,938
38,454
22,477
24,802
12,461
13.652
6,381
6,914
5,380
.5,691
1,001
1,223
9,830
9,871
1,058
978
8,772
8,603
57,884
60,619
47*913
50,563
40,706
42,885
26,153
27,556
14,553
15.329
7,207
7,678
5,938
6,392
1,269
1,286
9,971
10,056
988
998
8,083
0.058
1937— June 30
Dec. 31
59,222
58,494
49,097
48,324
41,490
40,839
26,716
26,487
14.774
14,352
7,607
7,485
6,334
6,379
1,273
1,106
10,125
10,170
1,002
1,004
0,123
9.166
1938— June 30
Dec. 31 „ • _ .
58,792
61,319
48,583
51,041
41,308
43,363
26,763
27,996
14.546
15,367
7,275
7,6?8
6,146
6,409
1,129
1,269
10,209
10,278
1,008
1,012
9,201
9,266
1939— June 30
Dec. 30
64,222
68,225
53,789
57,702
45,873
49,340
29,416
31,559
16.458
17,781
7,916
8,362
6,446
6,729
1,470
1,633
10,433
10,523
1,243
1,409
9.187.
9,114
70,770
75,963
60,139
65,305
51,729
56,430
33,014
35,787
18,715
20,642
8,410
8,875-
6,689
7,032
1,721
1,843
10,631
10,658
1.428
1,818
0,203
.8,840
78,120
81,780
67,472
71,248
"58,512
6
61,717
37,273
39,458
921,238
«22,259
. 8,969
9,539
7,104
7,702
1,865
1,837
•10,648
«10,532
«1,803
«1,789
. 8,845
8,743
1914 — june 30
1915— June 23
1916— June 30
1917— J-une 20
1918 — June 29
1919— June 30
1920— June 30
1924— June 30
Dec. 31
-
-
- ..
1929— June 29
Dec. 31
.- .
1930— June 30
Dec. 31
______
1931— June 30
Dec. 31 .-1932— June 30
Dec. 31
____
1933— June 30
Dec. 30
,
1936— June 30 Dec. 31 _.
1940— June 29
Dec 31
1941— June 30
Dec. 31 .
_
:
_
._ .
...
4
For June 1914 (before the Federal Reserve Banks commenced operation), the figures for "member" banks represent ail national banks in
the continental United States, while those for' 'nonmember" banks represent all State banking institutions (Excluding unincorporated or "private1'
banks not reporting to State banking authorities) in the continental United States.
6
Beginning with June 1928 the figures previously published have been revised to include certain large private banks which did not report to
State banking authorities until 1934; see introductory text, p. 9.
"~
"
"
* .. .
. .
. . . . . . . .
.
nth total
These
BANKING AND MONETARY STATISTICS
18
NO. t-ALL BANKS-NUMBER, LOANS, INVESTMENTS, AND DEPOSITS, 1S14-W11
(Amounts in millions of dollars]
Loans and investments
Number
of
banks
Call date
Deposits
Investments
Total
Loans
Total
United States
Government
obligations2
Total
Interbank
Other
Other
securities3
26,150
26,511
20,788
21,466
15.263
15,658
5,525
5,808
829
812
4,696
4,996
21,256
21,894
2,698
2,761
18,558
19,133
26,850
27,463
28,091
28,489
29,715
24,587
28,291
31,814
36,571
41,572
17.980
20,522
22,374
24,690
30.732
6,607
7,769
9,440
11,881
10,840
763
1,642
3,507
5,813
4,583
5,844
0,127
5,933
6,068
6,257
26,219
30,258
32,373
37,473
41,282
3,463
3.917
3,576
3,902
3,67*4
22,756
26,341
28,797
33,571
37,008
1931—June 30
1922— June 30 .. --~
30,419
30,086
39,895
39,837
28,927
27,627
10,968
12,210
4,331
4.989
6,637
7,221
38,505
40,814
2,858
3,302
35.647
37,512
1923—June 30.
Dec. 31
29,827
29,605
43.613
43,960
30,272
30,736
13,341
13,224
5,828
7,513
43,942
45,893
3.366
3,650
40.576
42,237
1924— June 30
Dec 31
28,996
28,806
45,067
46,983
31,409
32,285
13,658
14,698
5,592
3,066
47,291
50,888
3,996
4,718
43,295
46,170
1925— June 30
Dec 31
28,479
28,257
48,709
50,621
33,729
35,632
14.980
14.989
5,760
9,220
51.641
54.111
4,203
4,404
47,438
49.707
27,854
27,367
51,474
52,049
36,035
36,735
15,439
15,314
5,512
9,927
53,736
54,581
4,139
4,222
49,597
£0,359
26,765
26,416
53,645
55,558
37,208
38,422
16,437
17,136
5,403
11,034
55.797
57.622
4,292
4,745
51.505
52,877
25,944
25,579
57,683
58,649
39,507
40,770
18,176
17.879
5,880
12,296
57,791
61.480
4,304
4,658
53,487
56.822
1929— J uric 29
Dec 31
25,113
24,633
58,899
58,848
41,581
41,861
17,318
16,987
5.499
11,819
57,941
59,832
3,978
4,686
53,963
55,146
1930—June 30
Dec 31
23.855
22,773
58,556
56,602
40,497
38,052
18,059
18,550
5,497
12,562
59,828
58,092
5,125
5,155
54,703
52,937
1931—June 30
Dec 31
21,907
19,970
55,267
50,046
35,285
31,395
19,982
18,651
6,662
13,320
56,902
49,509
5.133
3,584
51,769
45,925
1632— June 30
Dec 31
19,041
18,394
46,310
45,169
27,888
26,109
18,422
19,060
6,895
11,527
45,411
45,886
3,318
4,134
42,093
41,752
1933— June 30
Dec 30
14,523
15,015
40,305
40,606
22,243
22,054
18,062
18.552
8,199
9,863
41,532
42,125
3,443
3,537
38,089
38,588
1934— June 30
Dec 31
15,929
16,096
42,552
43,422
21,306
20,439
21,246
22,983
11,278
9,968
46,435
49,708
4,560
5,109
41,875
44,599
1935—June 29
Dec 31 •
16,047
15,893
44,347
45,697
20,213
20,302
24,134
25,395
14,258
9,876
51,149
55,239
5,657
6,583
45,492
48,656
1936— June 30
Dec. 31.
15,808
15,684
48,412
49,445
20,636
21,359
27,776
28,086
17,323
17,587
10,453
10,499 !
57,884
60,619
6,886
7.296
50,998
53,323
1937—June 30
Dec. 31
15,539
15,405
49,565
48,427
22,410
22,065
27,155
26,362
16,954
16,610
10,201
9,752
59,222
58,494
6,332
6,308
52,890
52,186
1938— June 30
Dec. 31
15,299
15,207
47,212
48,831
20,982
21,261
26,230
27,570
16,727
17,953
9,503
9,617
58,792
61,319
6,831
7,484
51,961
53,835
15,083
15,035
49,616
50,885
21,320
22,169
28,296
28,716
18,743
19,402
9,553
9,314
64,222
68,225
8,232
9,883
55,990
58,342
1940— June 29 .
Dec 31
14,955
14,895
51,336
54,170
22,340
23,751
28,996
30,419
19,666
20,983
9,330
9,436
70,770
75,963
10.188
10,941
60,582
65,022
1941— June 30
Dec. 31
14,855
14,825
57,946
61,101
25,311
26,616
32,635
34,485
23,521
25,488
9,114
8,997
78,120
81.780
10,948
10.9S9
67,172
70,791
1014— June 30
1915— June 23
_
1015— June 30
1917— June 20
1818— June 29
19Hh- June 30
1920— June 30.
. .
_.
192$—June 30
Dec 31
,
1927 —-June 30
Dec 31
1928— June 308
Dec. 31
-..,
1939—June 30
Dec, 30.... — -
—-
1
See
1
footnote 1, Table 1, p. 16.
Prior to 1936 December figures are not available, The figures for some of the earlier years are rough approximations; see introductory text,
p. 8.
« See footnote 5, Table 1, p. 17.
19
ALL BANKS
N0.3-ALL COMMERCIAL BANKS-NUMBER, LOANS, INVESTMENTS, AND DEPOSITS, 1114-1141'
[Amounts in millions of dollars]
Loans and investments
Deposits
1
Number
of
banks
Call date
Investments
Total
Total
Loans
Total
25,510
25,875
1914^June 30 .
1915—June 23
16,854
17,473
13,171
13,519
3,683
3,954-
United States
Government
obligations 2
Interbank
Other
Other
securities2
818
802
2.865
3,152
17,390
17,993
2,698
2,761
14,692
15.232
1916— June 30
1917— June 20.
1918— June 29.
1919— June 30
1920— June 30
_
26,217
26,831
27,457
27,859
29,087
20,411
23,863
27,380
31,760
36,294
15,768
18,185
20,073
22,363
28, 103
4,643
5,678
7,307
9,397
8,191
752
1,545
3,211
5,147
3,748
3,891
4,133
4,096
4,250
4,443
22,079
25,885
28.011
32,739
36,114
3,463
3,917
3,676
3,902
3,674
18,616
21,968
24,435
28,837
32,440
1921— June 30.
1922— June 30-.
..
29,788
29,458
34,219
33,893
26,073
24.652
8,146
9,241
3,386
3,981
4,760
5,260
32,987
35,105
2.858
3,302
30,126
31,803
1923— June 30.. ..
Dec 31
29,201
28,877
37,108
37,296
26,923
27,216
10,185
10,080
4,705
5,480
37.725
39,515
3,366
3,656
34,359
35,859
1924— June 30
Dec. 31
28,372
28,185
38,131
39,836
27,644
28,356
10,487
11,480
4.432
6,055
40.'656
44,068
3,996
4,718
36,660
39.350
1925— June 30
Dec 31
27,858
27,638
41,233
43,011
29,560
31,284
11,673
11,727
4,632
7.041
44.552
46,892
4,203
4,404
40.349
42,489
1926— June 30. .
Dec 31
27,235
26,751
43,542
43,927
31,449
31,962
12,093
11.965
4,551
7,542
46,253
46.898
4 , 139
4,222
42,114
42,676
1927—JuneSO
Dec. 31
26,149
25,800
45,123
46,780
32,178
33,196
12,945
13,584
4,591
8,354
47,781
49,357
4,292
4,745
43.489
44,612
1928— June 30 3. .
Dec 31
25,330
24,968
48,522
49,339
34,035
35,123
14,487
14,216
5,162
9,325
49,215
52,710
4,304
4,658
44.911
48,052
1929—June 29
Dec. 31
24,504
24,026
49,424
49,467
35,738
35.966
13,686
13,501
4,941
8,745
49,036
50,994
3,978
4.686
45,058
46,308
1930—June 30
Dec 31
23,251
22,172
48,892
46,700
34,539
32,034
14,353
14,666
4,977
9,376
50,711
48,668
5,125
5,155
45,586
43.513
1931—June 30
Dec. 31
21,309
19,375
44,853
39,653
29,166
25,226
15,687
14,427
6,014
9,673
46,974
39,497
5,133
3,584
41.841
35.91?
1932— June 30
Dec. 29
18,449
17,802
36,091
35,083
21,806
20,081
14,285
15,002
6,217
8,068
35,484
35,957
3,318
4.134
32,166
31,823
1933— June 30
Dec 31
13,949
14,440
30,357
30,789
16,349
16,246
14,008
14,543
7,476
6,532
31,911
32,637
3,443
3,537
28,468
29,100
1934— June 30.
Dec. 29
15,353
15,519
32,742
33,735
15,700
14,988
17,042
18,747
10,307
6,735
36,744
39,970
4,560
5.109
32,184
34,861
1935— June 30 .
Dec. 31
15,478
15,325
34,588
35,982
14,909
15,119
19,679
20,863
12,716
6,963
41,310
45,368
5,657
6,583
35,662
38,785
1936— June 30..
Dec. 31. _
15,243
15,120
38,540
39,472
15,559
16,358
22,981
23,114
15,270
15,334
7,711
7,780
47,913
50,563
6,886
7,296
41,027
43,267
14,976
14,843
39,472
38,333
17,432
17,100
22,040
21,233t
14,563
14,156
7,477
7,077
49,097
48,324
6,332
6,308
42,765
42,016
1938— June 30. .
Dec. 31
14,737
14,652
37,109
38,669
16,053
16,364
21,056
22,305
14,042
15,071
7,014
7,234
48,583
51,041
6,831
7,484
41,752
43,557
1939— June 30
Dec. 31...
14,531
14,484
39,367
40,667
16,423
17,243
22,944
23,424
15,700
16,300
7,244
7,124
53,789
57,702
8,232
9,883
45,657
47,819
1940— June 30
Dec. 31
14,404
14,344
41,148
43,922
17,414
18,792
23,734
25,130
16,553
17.759
7,181
7,371
60,139
65,305
10.188
10,941
49,951
54,364
1941— June 29..
Dec. 31. ..
14,305
14,277
47,625
50,722
20,353
21,711
27,272
29,011
20,095
21,788
7,177
7,223
67,472
71,248
10,948
10,989
56,524
60,259
1937— June 30
Dec. 31...
1
2
...„
See footnote 1, Table 1, p. 16.
Prior to 1936 December figures are not available. The figures for some of the earlier years are rough approximations; see introductory text,
3 See footnote 5, Table 1, p 17.
20
BANKING AND MONETARY STATISTICS
NO. 4-NATIONAL BANKS-NUMBER, LOANS, INVESTMENTS, BANKERS1 BALANCES, AND DEPOSITS, 1861-1141 *
[Amounts in millions of dollars]
Loans and investments
Number
of
banks
Call date
Deposits
Investments ~
Total
Loans
Total
United
States Gov- Other
ernment securities
obligation!
Balances
with
domestic
banks'
Total
Interbank
Other
66
473
1,294
11
163
756
5
71
362
6
93
394
6
93
394
[:
<«
3
33
103
9
147
614
1
27
158
6
8
'119
*45fi
1,634
1,636
1,640
1,619
1,612
1,018
1,110
1,163
1,153
1,172
550
588
656
686.
719
468
522
507
466
453
450
501
487
445
429
18
21
20
21
23
111
102
123
108
121
695
685
745
716
706
122
112
141
129
148
572
573
604
587
557
1871—June 10 _ _ _ _ ... . . _ . _
1872— June 10
_.
1873—June 13—-. _ _ _ _ _ _ _ _ _ _
1874—June 26
1876—June 3 0
_._„__
______
1,723
1,853
1,968
1,983
2,076
1,245
1,321
1,370
1,377
1,416
789
872
926
926
973
456
450
445
451
443
433
428
422
424
411
23
22
23
27
32
144
144
155
156
150
791
805
836
828
897
176
173
179
193
195
615
633
658
635
703
1876—June 30
1877— June 22
1878— June 2
1879—June 14„ _
1880—June 11.... _ „ _ _ _ _
2,091
2,078
2,056
2,048
2,076
1,361
1.333
1,295
1,551
1,446
934
902
835
836
995
427
431
460
715
451
395
395
424
677
407
32
36
37
38
45
146
138
133
153
186
842
818
814
1,090
1,085
183
170
161
188
239
659
340
663
902
84fi
2,115
2,239
2,417
2,625
2,689
1,629
1,680
1,750
1,719
1,690
1,145
1,209
1,286
1,270
1,258
484
471
465
449
432
426
404
396
376
355
58
67
69
73
77
251
210
212
176
227
1,364
1,365
1,337
1,233
1,420
316
279
279
238
293
1,050
1,086
1,058
995
1,127
2,809
3,014
3,120
3,239
3,484
1,806
1,889
1,984
2,102
2,244
1,399
1,560
1,628
1,779
1,934
407
329
356
323
311
324
241
260
216
194
83
88
96
107
116
228
261
283
328
325
1,459
1,650
1,716
1,920
1,979
295
340
358
427
424
1,164
1,311
1,358
1,492
1,555
3,652
3,759
3,807
3,770
3,715
2,273
2,475
2,377
2,380
2,464
1,964
2,128
2,020
1,944
2,017
309
347
357
435
447
187
196
207
244
253
122
151
150
191
194
318
423
299
397
394
1,974
2,327
1,939
2,228
2,279
408
556
365
534
527
1,566
1,771
1,574
1,695
1,752
3,689
3,610
3,582
3,583
3,732
2,435
2,462
2,719
3,159
3,419
1,972
1,978
2,164
'2,508
2,644
464
484
555
652
775
274
279
304
346
418
190
205
251
305
357
349
446
524
687
691
2,141
2,386
2,799
3,539
3,622
454
597
720
932
1,063
1,687
1,789
2,079
2,606
2,550
4,165
4,535
4,939
5,331
5,668
3,867
4,191
4,468
4,718
5,134
2,981
3,247
3,442
3,622
3,930
886
945
1,025
1,096
1,205
451
460
487
519
528
435
485
539
577
677
788
819
802
880
1,007
4,250
4,468
4,562
4,836
5,407
1,207
1,243
1,212
1,412
1,547
3,043
3,22fi
3,350
3,424
3,860
1006— June 18.
1907— May 20... _ _ _ _ _ _ . _ . . .
__
1908—July 15.
.
1000—June 23,
„.„
1910— June 30._ „ „ . . _ . ...... . . . . . _ _ _ _ . _
6,053
6,429
6.824
H.926
7,145
5,478
6,026
6,160
6,674
7,032
4,237
4,664
4 ,640
5,061
5,456
1,241
1,362
1,520
1,613
1,576
563
588
680
709
713
679
774
840
904
863
1,046
1,130
1,104
1,243
1,202
5,703
M90
6,331
7,009
7,257
1,555
1,685
1,823
2,035
1,900
4,148
4,505
4,508
4,975
5,357
1911—June 7
1012—June 14..
1013—June 4.,
1914— June 30
1015—June 23. ...
7,277
7,372
7,473
7,518
7 598
7,360
7,797
8,009
8,313
8,688
5,634
5,974
6,162
6,443
6,663
1,726
1,823
1,846
1,870
2,025
718
745
752
764
749
1,008
1,078
1,094
1,106
1,276
1,377
1,424
1,396
1,391
1,275
7,676
8,064
8,144
8,560
8,817
2,147
2,178
2,121
2,186
2,208
5,528
5,886
6,023
6,374
6,609
7,572
7,600
7,700
7,780
8,025
10,086
11,897
13,913
15,713
17,547
7,767
8,936
10,078
10,904
13,499
2,319
2,961
3,836
4,809
4,048
703
1,043
2,025
2,941
2,137
1,616
1,918
1,810
1,868
1,912
1,536
1,636
1,461
1,579
1,392
10,872
12,768
14,042
15,935
17,159
2,713
3,026
2,796
2,974
2,825
8,159
9,742
11,246
12,962
14,335
8,150
8,244
15,895
15,705
11,976
11,191
3,919
4,514
1,917
2,240
2,002
2,274
1,015
1,241
15,142
16,323
2,132 '
2,482
13,010
13,84!
1863— Oct. 5 ,
1864—July 4
1865—July 3.
1866—July 2.
1867—July 1
1868—July 6
1869—June 12
1870—June 9
1881—June 30
1882—July 1 _ _
1883—June 22
1884— June 20,
1885—July 1
.
.
_„
_______
_
..
1896—July 14,
1897—July 23
1898-JulyU1899—June 30
1000— June 29^
1901—July IS
1902—July 16.
1903— June 9 _
1904—June 9
1905— May 20
! 91ft— June 30,
1917—June 20
1918—June 29
1919—June 30. .
1920— June 30
„
.
_.___._
188&—June 3..
1887— Aug. 1__
_______
1888—June 30.
1889— July 12.... _ _ _ _ _ _ _
1800- July 18
1891—July 9__
1892—July 12
1893—July 12.
1894—July 18. .
1895— July IK
„
.
_
_ '
_________
_._,_._
..______
____.___..
.-_„__
.
..„
....____
. .
._.__.
. .
1021—June 30
1922— June 30
For footnotes see opposite page.
l
ALL BANKS
21
N0.4-NATIONAL BANKS-NUMBER, LOANS, INVESTMENTS, BANKERS' BALANCES, AND DEPOSITS, 1S63-19411—Continued
[Amounts in millions of dollars]
Loans and investments
Investments,2
Number
of
banks
Call date
Deposits
Total
Loans
Total
United
States Gov- Other
ernment securities
obligations
Balances
with
domestic
banks 3
Total
Interbank
Other
8,236
8,179
16,805
16,807
11,778
11,808
5,027
4,999
2,655
2,525
2,372
2,474
1,204
1,348
16,899
17,826
2,384
2,568
14,514
15,258
8,080
8,043
17,057
17,840
11,955
12,214
5,103
5,626
2,446
2,555
2,657
3,071
1,444
1,779
18,349
19,996
2,794
3,269
15,555
16,728
1925— June30
Dec. 31
8,066
8,048
18,293
19,153
12,592
13,419
5,700
5,734
2,512
2,487
3,188
3,247
1,498
1,617
19,912
21,077
2,854
2,973
17,057
18,104
1926— June 30
Dec. 31
7,972
7,906
19,159
19,267
13,322
13,482
5,837
5,785
2,466
2,279
3,371
3,506
1,480
1,546
20,644
20,859
2,865
2,800
17,780
18,060
7,790
7,759
20,237
21,535
13,849
14,641
6,388
6,894
2,593
2,745
3,795
4,149
1,469
1,650
21,778
22,856
2,819
3,155
18,958
19,701
1928—June 30
Dec. 31
7,685
7,629
22,063
22,407
14,921
15,285
7,141
7,122
2,889
3,006
4,253
4,115
1,436
1,582
22,645
24,335
2,701
2,954
19,944
21,381
1929—June 29
Dec. 31
7,530
7,403
21,457
21,584
14,805
15,136
6,651
6,448
2,801
2,609
3,850
3,839
1,332
1,565
21,586
22,738
2,220
2,535
19,367
20,203
1930—June 30
Dec. 31
7,247
7,033
21,749
21,426
14,874
14,347
6,875
7,079
2,748
2,649
4,127
4,430
1,744
1,777
23,235
22,836
2,850
2,874
20,385
19,961
6,800
,6,368
20,825
19,094
13,162
11,905
7,662
7,189
3,251
3,171
4,411
4,018
1,811
1,176
22,164
19,210
2,862
1,948
19,302
17,262
6,145
6,011
17,448
17,399
10,265
9,828
7,183
7,571
3,347
3,755
3,836
3,815
1,234
1,850
17,428
18,486
1,814
2,408
15,614
16,077
4,897
5,154
15,460
15,941
8,102
8,086
7,358
7,855
4,026
4,462
3,332
3,393
1,564
1,537
16,741
17,555
2,000
2,139
14,741
15,416
5,417
5,462
17,011
17,910
7,681
7,475
9,331
10,435
5,847
6,948
3,484
3,487
2,144
2,440
19,896
21,637
2,767
3,084
17,128
18,553
5,425
5,386
18,051
18,951
7,353
7,494
10,698
11,457
7,164
7,801
3,534
3,656
2,630
' 2,918
22,477
24,802
3,410
3,916
19,067
20,886
. _ _ _ .... .
5,368
5,325
20,208
21,013
7,748
8,257
12,459
12,756
8,435
8,673
4,024
4,083
3,051
3,126
26,153
27,556
4,167
4,449
21,986
23,107
_._._,_.
5,293
5,260
20,893
20,534
8,796
8,796
12,097
11,738
8,206
8,059
3,891
3,679
2,481
2,584
26,716
26,487
3,790
3,831
22,926
22,655
1938—June 30
Dec. 31
5,242
5,224
19,934
20,903
8,316
8,469
11,618
12,434
7,973
8,691
3,645
3,743
3,139
3,235
26,763
27,996
4,210
4,499
22,553
23,497
1939— June 30
Dec. 30
5,203
5,187
21,081
21,810
8,553
9,022
12,528
12,789
8,754
9,058
3,775
3,731
3,613
4,215
29,416
31,559
4,881
5,898
24,534
25,661
5,164
5,144
22,038
23,648
9,156
10,004
12,882
13,644
9,094
9,735
3,787
3,908
4,453
. 4,727
33,014
35,787
6,083
6,574
26,931
29,214
5,130
5,117
25,818
27,571
10,897
11,725
14', 922
15,845
11,111
12,039
3,811
3,806
4,823
4,731
37,273
39,458
6,589
6,786
30,684
32,672
1923—June 30
Dec. 31
1
1924— June 30
Dec. 31
- .
1927—June 30
Dec. 31
_._
1931—June 30Dec. 31
'
1932—June 30
Dec. 31
.
1933—June 30
Dec. 30
... .__ .
- ...
1934—June 30
Dec. 31
1935—June 29
Dec. 31.
1936—June 30
Dec. 31 _
1937—June 30
Dec. 31
1940— June 29
Dec; 31.
1941—June 30
Dec. 31
._
...
...
1
Excludes national banks in possessions beginning with 1914, the year in whinh the Federal Reserve System was inaugurated, except as indicated later in this note. On June 30, 1914, there were seven such banks with total loans and investments of $3,639,000 and total deposits of
$3,692,000. National banks in possessions are not required to be, but may become, members of the Federal Reserve System; there was one such
member national bank (in Alaska) from April 1915 to April 1921, when it was placed in voluntary liquidation, and it is included in this table.
2
Prior to 1903, includes borrowed securities.
s Except balances with Federal Reserve Banks.
< Apparently small amounts of "other securities" were included in miscellaneous assets.
6
Includes liability on State bank circulation outstanding.
BANKING AND MONETARY STATISTICS
22
NO.S-STATE MEMBER BANKS-NUMBER, LOANS, INVESTMENTS, BANKERS' BALANCES, AND DEPOSITS, 1)15-1941
[Amounts in millions of dollars]
Loans and investments
Number
of
banks
Call date
1915— June 23
1916—June 30
1917—June 20
1Q18—-June 29
1919— June 30
1920—June 30
1021—June 30
1022— June 30
1023 —June 30
Dec. 31
1024— June 30
Dec. 31
1925—June 30
Deo. 81
192&—June 30
Dec. 31.
1927 — June 30
Dec. 31
1028— June 30
Dec. 31.
1520—June 29
Dec. 31
1030—June 30
Deo. 31
1931— June 30
Deo. 31
1032—'June 30
Deo, 31
1033—June 30
Dec. 30
1034— June 30
Dec. 31
198ft— June 29
Dec. 31
.
Total
U. S. Govt. Other
obligations securities
17
34
53
513
1,042
1,374
1,595
,648
,620
,595
,570
,544
,472
,441
76
230
556
4,594
6,528
8,012
8,226
8,477
9,703
9,680
10,109
10,906
11,226
11,731
57
197
434
3,156
4,510
6,035
6,143
5,975
6,973
7,034
7,249
7,719
8,063
8,577
,403
,354
,309
,275
,244
,208
,177
,119
,068
,019
982
878
835
805
709
857
958
980
985
1,001
12,025
12,374
12,520
12,712
12,999
13,277
14,254
14.350
13,906
13,434
13,098
11,482
10,552
10,071
9,326
9,278
10,163
10,240
10,733
11,034
8,738
9,170
9,089
9,245
9,382
9,870
10,853
11,014
10,340
9,524
8,654
7,356
6,322
5,376
4,756
4,747
4,842
4,553
4,575
4,681
12,051
11,986
11,845
11,217
10,786
11,168
11,522
12,130
12,413
13,478
14,840
15,950
4,793
5,103
5,488
5,162
4,621
4,738
4,588
4,940
4,813
5,316
5,832
6,295
7,258
6,884
6,357
6,056
6,165
6.429
6,934
7,190
7,600
8,162
9,008
9,654
-..
-
-
.-
Interbank
Other
19
32
100
999
1,156
1,303
1,438
1,538
,550
,569
,730
,868
,894
,913
7
28
59
445
546
432
338
406
392
477
497
561
519
539
77
261
629
4,939
6,897
8,242
8,208
9,224
10,189
10,681
11,217
12,387
12,546
13,173
8
26
71
482
677
636
556
642
799
908
1,026
1,236
1,124
1,196
2,007
2,095
2,227
2,233
2,281
2,102
2,048
2,082
2,254
2,435
2,352
,978
,950
,910
,709
,739
,755
,740
,893
,886
500
520
499
560
461
542
553
603
616
679
706
487
497
566
444
444
616
709
766
858
13,118
13,669
13,615
13,801
13,405
14,732
14,279
15,243
14,834
14,193
13,959
11,501
10,407
10,204
9,823
9,612
11,116
12,211
12,461
13,652
1,071
1,203
1,251
,387
,167
,355
,467
,775
,819
,890
,922
,372
,305
,532
,292
1,218
1,588
1,773
1,982
2,379
12,047
12,466
12,364
12,414
12,239
13,377
12,812
13,467
13.015
12,303
12,036
10,129
9,103
8,671.
8,531
8,394
9,529
10,438
10,479
11,273
5,237
,872
,483
,312
,370
,532
5,023
5,271
5,627
6,088
6,967
7,500
3,286
3,204 i
3,430 i
3,466
3,617
3,407
3,401
3,336
3,567
3,910
,444
,126
,231
,695
,570
,531
5,321
5,687
6,158
6,353
_.
Total
.203
,233
,336
,306
,354
,254
,313
,476
2,092
2,148
2,281
2,784
2,861
2,792
3,566
3,947
4,266
4,468
19
32
123
1,438
2,018
1,977
2,083
2,503
2,730
2,646
2,860
3,187
3,163
3,154
_
191ft— June SO
Deo 31
1037—June 30
Dec, 31
1938—June 30.
Dec. 81
1039—June 30
Deo. 30.
1940—June 29
Deo. 31
1941— June 30
Dec 31
Loans
Total
,032
,051
,064
,081
,096
,114
,127
,175
,234
,342
,426
1,502
__
Deposits
Balances
with
domestic
banks
Investments
,021
,012
,874
,744
,795
,897
,911
,920
,973
2,074
2,041
2,155
893
941
746
830
945
,005
,061
,291
,299
,458
,469
,515
14,553
15,329
14,774
14,352
14,546
15,367
16,458
17,781
18,715
20,642
21,238
22,259
2,441
2,544
2,261
2,197
2,353
2,653
2,965
3,512
3,608
3,849
3,847
3,739
12,112
12,786
12,514
12,155
12,193
12,714
13,493
14,269
15,108
16,793
17,392
18,520
23
439
862
674
644
965
,180
,078
,129
,319
,269
,241
,279
,no
68
235
559
4,457
6,220
7,606
7,652
8,582
9,389
9,774
io;i90
11,152
11,422
11,976
NO. t-NONMEMBER COMMERCIAL BANKS-NUMBER, LOANS, INVESTMENTS, AND DEPOSITS, U14-1S41
[Amounts in millions of dollars]
Loans and investments
Call date
Number
of
banks
Investments
Total
Loans
Total
1014— June 30*
1915— June 23
191ft— June 30
1917— June 20
1918—June 29
1010— June 30
1920—June 30
1021— June 30
1022— June 30
17,092
18.200
18.611
19,178
19,244
19.037
19,688
20,043
19,566
8,541
8,709
10,096
11,410
8,873
0.519
10,735
10,098
9,711
6,728
6,799
7,804
8,815
6,840
6,949
8,570
7,954
7,487
1,813
1,910
2.292
2,595
2,033
2,570
2,165
2,144
2,224
1923—Juae 30
Dec.31.
1924—June 30
Dec. 31
1025— June 30
Dec.31
1026— June 80
Dec.31
10,345
10,103
18.722
18,698
18,320
18.140
17,860
17,401
10,601
10,809
10,964
11,090
11,715
12,127
12,359
12.285
8.173
8,374
8,440
8,423
8.905
9.288
9,389
9,310
2,428
2,435.
2,524
2,667
2,810
2,839
2,970
2,975
For footnotes see opposite page.
Deposits
United States
Government
obligations >
Total
Interbank
Other
Other
securities '
54
52
48
480
747
1,344
937
825
777
1,759
1,858
2,244
2,115
1,286
1,226
1,228
1,319
1,447
8,830
9,099
10,946
12,488
9,030
9,906
10,713
9,637
0,558
512
545
725
821
298
251
213
170
178
8,318
8,554
10,221
11,667
8,732
0,655
10,500
9,467
9,380
870
1,558
857
1,667
10,637
11,008
11,090
11,684
12,095
12,642
12,491
12,370
182
180
176
214
225
235
204
210
10,455
10.828
10,914
11,470
11,870
12,407
12,287
12,151
851
1,950
806
2,164
ALL BANKS
23
NO. (-NONMEMBER COMMERCIAL BANKS-NUMBER, LOANS, INVESTMENTS, AKD DEPOSITS, 1914-1941-Continued
[Amounts in millions of dollars]
Loans and investments
Investments
Number
of
banks
Call date
Loans
Total
Total
United States
Other
Government
obligations1 securities l
' Total
1927 —June 30
Dec 31
1928— June 30*
Dec 31
1929—June 29
Dec 31
1030—June 30
Dec 31
17,050
16,766
16,401
16,131
15,797
15,504
14,936
14,120
12,367
12,533
13,461
13.655
13,714
13,533
13,236
11,841
9,240
9,310
9,732
9,968
10,080
9,816
9,325
8,164
3,127
3,223
3,729
3,687
3,634
3,717
3,911
3,677
1931— June 30
Dec 31
1932— June 30
Dec 31
1933—June 30
Dec 30
1934— June 30
Dec 31
1935 — June 29
Dec 31
1936— June 30
Dec. 31
1937— June 80
Dec. 31
1938— June 30
Dec. 31
1939— June 30
Dec. 30
1940— June 29
Dec. 31
13,527
12,129
11,469
10,986
8,343
8,429
8,978
9,077
9,068
8,938
8.843
8.744
8,619
8,502
8,399
8.314
8.201
8,122
8,006
7,858
10,931
9,078
8,090
7,614
5,571
5,570
5,567
5,585
5,803
5,997
6,281
6,472
6,733
6,581
6,388
6,598
6,764
6,726
6,697
6,796
7,350
5,965
5,219
4,877
3,491
3,413
3,177
2,960
2,981
2,944
3,017
2,998
3,147
3,142
3,115
3,156
3,282
3,281
3,445
3,471
3,581
3,113
2,871
2,737
2,080
2,157
2,390
2,625
2,822
3,053
3,264
3,474
3,586
3,439
3,273
3,442
3,482
3,445
3,252
3,325
1941 —June 80
Dec. 31
7,752
7.661
6,973
7,208
3,627
3,693
3,346
3,515
1
Deposits
794
2,333
937
2,792
Interbank
Other
12,388
12.700
13, 165
13,643
13,170
13,013
12,642
11,639
221
203
437
350
291
- 37a
456
390
12,167
12,497
12,728
13,293
12,879
12,637
12,186
11,249
348
264
199
194
151
180
205
252
264
288
278
303
281
280
268
331
386
473
498
518
10,503
8,522
7,449
7,073
5,196
5,290
5,527
5,870
6,117
6,626
6,929
7,375
7,326
7,205
7,007
7,347
7,530
7,889
7,912
8,357
512
464
8,457
9,075
786
2,848
916
2,995
671
2,910
589
2,282
589
1,491
895
1,495
1,287
1,535
,598
,789
,874
,784
,699
1,848
1,923
1,971
1,831
1,936
1,666
1,685
1,712
1,655
1,574
1,594
1,559
1,474
1,421
1,389
10,851
8,786
7,648
7,267
6,347
5,470
5,732
6,122
6,381
6,914
7,207
7,678
7,607
7,485
7,275
7,678
7,916
8,362
8,410
8,875
2,018
2,251
1,328
1,264
8,969
9,539
Prior to 1936 December figures are not available. The figures for some of the earlier years are rough approximations; see introductory text,
p. 8. 8
For June 1914 (before the Federal Reserve Banks commenced operation), the figures relate to all State banking institutions (excluding
unincorporated or "private" banks not reporting to State banking authorities) in the continental United States.
> See footnote 5, Table 1, p. 17.
NO. 7-MUTUAL SAVINGS BANKS-NUMBER, LOANS, INVESTMENTS, AND DEPOSITS, 1914-1941'
[Amounts in millions of dollars]
Loans and investments
Loans and investments
Call date
Number
of
banks Total
Total
deposits
Investments
Loans
Total
Call date
U.S.Govt. Other
obliga- securities2
tions2
1914— June 30...
1915—June 23
1816—June 30—
1917—June 20...
1918—June 29.,.
1919—June 30,..
1920—June 30...
1921—June 30—
1922— June 30,._
640
636
683
632
634
630
628
631
628
3,934
3,993
4,176
4,428
4,434
4,811
5,278
5,676
5,944
2,092
2,139
2,212
2,337
2,301
2,327
2,629
2,854
2,975
1,842
1,854
1,964
2,091
2,133
2,484
2,649
2,822
2,969
11
11
11
96
295
666
835
945
1,008
,831
,843
,953
,995
,838
,818
,814
,877
,961
1923—June 30—
Dec. 31...
1924—June 30...
Dec. 31
1925—June 30—
Dec. 31...
1936—June 30—
Dec. 31
1927—June 30...
Dec. 31...
1928— June 30. ..
Dec. 31...
1929—June 29...
Dec. 31...
626
628
624
621
621
619
619
616
616
616
OH
611
609
607
6.505
6,664
6,936
7,147
7,476
7,610
7,932
8,122
8,522
8,778
9.161
9,310
9,475
9,381
3,349
3,520
3,765
3,929
4,169
4,348
4,586
4,773
5,030
5,226
5,472
5,647
5,843
5,895
3,156
3,144
3,171
3,218
3,307
3,262
3,346
3,349
3,492
3,552
3,689
3,663
3,632
3,486
1,122
2,034
1,160
2,011
1,128
2,179
961
2,385
812
2,680
719
2,970
557
3,075
Number
of
banks Total
Investments
Loans
Total
3,866
3,901
4,140
4,373
4,362
4,734
5,168
5,518
5,709
1930—June 30—
Dec. 31—
1931—June 30—
Dec. 31,..
1932—June 30—
Dec. 31...
1933—June 30-..
Dec, 30—
1934—June 30—
Dec. 31—
6,217 1935—June 29—
6,378
Dec. 31—
6,635 1936—June 30—
Dec. 31—
6,820
7,089 1937—June 30...
Dec. 31—
7,219
7,483 1938—June 30—
7,683
Dec. 31...
8,016 1939— June 30—
Dec. 30
8,265
8,576 1940—June 29—
8,770
Dec. 31...
8,905 1941— June 30—
8,838
Dec. 31...
604
601
598
595
592
592
574
575
576
577
569
568
565
564
563
562
562
555
552
551
551
551
550
548
9,664
9,902
10,414
10,393
10,219
10,086
9,948
9,817
9,810
9,687
9,759
9,715
9,872
9,973
10,093
10,094
10,103
10,162
10,249
10,218
10,188
10,248
10,321
10,379
5,958
6,018
6,119
6,169
6,082
6,028
5,894
5,808
5,606
5,451
5,304
5,183
5,077
5,001
4,978
4,965
4,929
4,897
4,897
4,926
4,926
4,959
4,958
4,905
3,706
3,884
4,295
4,224
4,137
4,058
4,054
4,009
4.204
4,236
4,455
4,532
4,795
4,972
5,115
5,129
5,174
5,265
5,352
5,292
5,262
5,289
5,363
5,474
Total
depoaits
U.S.Govt. Other
obliga- securitions*
ties2
519
3,187
648
3,647
678
3,459
723
3,331
971
3,233
1,542
2,913
2,052
2,253
2,391
2,454
2,685
2,883
3,043
3,102
3,113
3,224
3,426
3,700
2,743
2,719
2,724
2,675
2,489
2,382
2,309
2,190
2,149
2,065
1,937
1,774
9,117
9,424
9,928
10,012
9,927
9,929
9,621
9,488
9,691
9,738
9.830
9,871
9.971
10,056
10,125
10,170
10.209
10,278
10,433
10,523
10,631
10,658
10,648
10,532
1 The figures in this table include three mutual savings banks which became members of the Federal Reserve System during 1941. These
three banks had total deposits of $7,736,000 in June 1941 and $8,009,000 in December 1941.
2 Prior to 1936 December figures are not available. The figures for some of the earlier years are rough approximations; see introductory text
p. 8.
24
BANKING AND MONETARY STATISTICS
NO. 8-ALL BANKS-NUMBER AND DEPOSITS, BY CUSS
NUMBER
[June call dates]
Commercial banks
All
banks
State and year
Member banks
Total
United 4States
1914
__________
1919
.____
1924
___________
1929 ..
____
1934
1941 ...
....
Mutual savings banks
Total
National
Nonmember banks
Insured 2
Total
State
Noninsured 3
7,518
7,780
8,080
7,530
5,417
5,130
1,042
1,570
1,177
958
H,426
17,992
19,037
18,722
15,797
8,978
7,752
7,564
6,869
1,414
883
90
94
105
106
70
65
12
24
14
18
17
277
228
233
230
129
135
117
127
13
18
19
14
8
5
4
4
3
4
2.
47
59
40
29
5
5
3
5
57
78
88
73
51
50
15
38
22
7
9
422
369
359
325
172
157
150
148
262
279
265
211
130
96
4
38
14
15
17
473
421
372
230
138
114
111
83
124
131
144
124
85
93
124
127
141
121
80
78
4
3
3
5
15
206
240
198
154
75
51
58
44
17
7
209
214
222
237
217
202
126
134
144
162
144
130
76
73
66
69
60
59
76
67
62
64
54
52
6
4
5
6
7
50
61
78
93
84
71
43
41
47
48
49
45
41
39
45
46
47
43
25
23
22
21
20
19
25
19
18
17
16
15
4
4
4
4
4
16
16
23
25
27
24
24
23
1919
1994
1929
1984
1941
37
44
46
41
21
22
37
44
46
41
21
22
13
15
15
12
11
15
13
14
14
12
9
9
2
6
24
29
31
29
10
7
10
7
Florida
1914
1919
1924
1929
1934
1941
262
253
299
257
155
173
262
253
299
257
155
173
54
61
67
60
54
57
54
53
54
55
50
52
8
13
5
4
5
208
192
232
197
101
116
91
107
510
497
27
31
330
371
342
278
160
144
66
653
22
9
262
283
303
225
145
113
Noninsured1
2
57
93
126
95 |
58 i
59
Insured*
12
-8
13
22
23
17'
12
7
Total
26,150
28,489
28,996
25,113
15,929
14,855
25,510
527,859
28,372
24,504
15,353
14,305
7,518
68,822
9,650
8,707
6,375
66,556
367
334
362
350
217
217
367
334
362
350
217
217
90
106
129
120
88
82
60
81
63
46
17
12
60
81
63
46
17
12
479
462
485
420
230
216
479
462
485
420
230
216
_„.
..
735
704
675
455
283
227
735
704
675
455
. 283
227
Colorado
1914
1919. __.
1924
1929.. _ _ _ _ _ _ _ _ . . _ _ _ _
1934 .
1941
330
371
342
278
160
144
Connecticut
1914
1919. ..
1924
3929
1934 .
1941
Alabama
1914__
_________
1919.
____
1924
_________
1929 ....
....
1934.. _ _ . . ._....
1941
Arizona
1914.
1919
1924
1929
1934.
1941
___._.....„...
....
________...
.__.
_______________
.. . . . . . _ _
Arkansas
1914
.. .
1919
1924 ...
1929
1934
1941
California
1914. _ _ . _
1919
1924. _ _ _ _ _ _ _ _ . .
1929
1934...
1941 ...
Delaware
1914
1919
1924
1929
1934
1941
District of
Columbia
1914
__,_
____
--
6
For footnotes see end of table, pp. 32-33.
6
1
1
640
630
624
609
576
"550
34
30
50
41 ;
83
80
78
75
73
72
73
72
3
1
2
2
2
2
2
2
2
2
•
10
9
ALL BANKS
25
OF BANK AND BY STATES, SELECTED YEARS, 1914-1941
DEPOSITS^
[In millions of dollars. June call dates]
Interbank and other deposits
of commercial banks
Total deposits
Commercial banks
State and year
United 4States
1914
1919
1924
1929
1934
1941
All
banks
21,256
537,473
47,291
57,941
46,435
78, 120
Member banks
Total
Total
National
8,560
8,560
17,390
32,739 522,833 M5.935
40,656 29,566 18,349
49,036 35,866 21,586
36,744 631,012 19,896
67,472 58,512 37,273
5
State
Mutua savings banks
All commercial
banks
Nonmember banks
Non- 3 InterNon- 3
2
2
Other
Total Insured insured Total Insured insured bank
8,830
6,897 9,906
11,217 11,090
14,279 13,170
11,116 5,732
S
21,238 8,969
Alabama
1914
1919
1924
1929
1934
1941
96
178
226
266
183
402
96
178
226
266
183
402
42
126
170
195
159
346
42
93
119
170
135
285
33
50
25
24
61
54
52
56
71
24
56
Arizona
1914
1919
1924
1929
1934
1941
35
67
67
94
50
103
35
67
67
94
50
103
13
27
34
49
38
84
13
22
23
32
21
72
5
10
18
18
12
22
40
33
45
12
19
Arkansas
1914
1919
1924
1929
1934
1941
67
154
191
218
107
227
67
154
191
218
107
227
23
74
117
137
77
165
23
45
68
80
66
132
29
49
57
11
32
44
80
74
81
30
62
961
1,676
2,737
3,554
3,050
4,843
961
1,676
2,737
3,554
3,050
4,843
356
694
1,861
2,532
2,601
4,322
356
687
755
2,040
2,047
3,405
7
1,106
492
554
918
605
982
876
1,022
449
521
147
269
306
302
236
370
147
269
306
302
236
370
103
200
249
255
219
344
103
177
233
238
199
307
23
16
18
20
38
44
69
57
47
17
26
452
687
897
1,228
1.116
1,541
139
299
416
601
452
781
81
187
221
300
281
492
81
162
195
258
227
388'
24
25
41
54
104
58
112
195
301
172
289
37
78
99
141
132
274
25
61
78
116
103
230
9
41
47
63
62
170
9
15
17
19
14
20
26
30
44
48
150
16
20
31
53
41
59
81
161
201
264
236
451
81
161
201
264
236
451
40
90
108
139
193
421
40
87
104
139
138
272
54
149
41
71
93
125
43
30
82
157
299
339
211
544
82
157
299
339
211
544
47
96
168
208
172
439
47
86
144
191
165
420
9
24
17
6
19
35
61
131
131
40
105
California
1914
1919
1924
1929 ...
1934
1941
Colorado
1914
1919
1924
1929
1934
1941
Connecticut
1914
1919
1924
1929.
1934
1941
Delaware
1914
1919
1924
1929
1934
1941
..
District of
Columbia
1914
1919
1924
1929
1934
1941
Florida
1914
1919
1924
1929
1934
. .-
1941
3
4
4,821
7, 104
7
3,866
4,734
6,635
8,905
911 6 9,691
1,865 10, 648
6
1,040
1,803
2,698 14,692
63,902 628,837
3,996 36,660
3,978 45,058
8,651 4,560 32,183
8,845 10,948 56,524
Member banks
Interbank
Other
2,186
6,374
53,651 '19,182
3,820 25,745
3,687 32,179
4,355 26,657
10,436 648,076
6
9
9
10
14
50
91
170
217
256
169
352
3
S
9
9
14
50
40
118
160
186
145
296
2
4
3
2
1
2
32
63
64
92
49
101
1
2
1
1
1
2
11
24
33
48
37
82
1
1
5
13
14
16
8
30
61
142
177
202
99
197
3
11
13
15
8
30
19
63
104
123
69
135
24
38
90
157
172
203
179
331
871
1,518
2,565
3,351
2,870
4,512
80
138
160
186
172
321
276
555
1,701
2,347
2,429
4,001
1
2
19
23
26
19
29
54
128
247
280
282
206
316
18
21
25
19
29
54
85
179
225
237
189
290
663
760
8
8
9
10
22
45
131
291
407
592
431
736
7
7
7
8
14
32
74
179
213
292
267
460
29
45
2
2
4
3
2
4
23
59
73
113
101
226
1
1
4
2
1
3
8
40
43
62
61
167
43
30
6
9
9
13
16
45
74
153
192
251
220
406
5
8
8
11
16
45
34
82
100
128
177
376
37
102
8
13
25
27
25
91
74
145
274
311
187
453
7
12
22
23
24
89
40
84
146
184
147
350
22
54
7
19
29
61
425
483
16
25
143
179
2
2
6
28
110
313
388
481
627
663
760
12
17
21
25
29
45
40
59
3
3
BANKING AND MONETARY STATISTICS
NO. &-ALL BANKS-NUMBER AND DEPOSITS, BY CLASS
NUMIER
[June call dates]
Commercial banks
All
banks
State and year
Nonmember banks
Member banks
Total
Georgia
1914
1919
1924
1929
1934
1941
Mutual savings banks
Total
National
Total
State
Insured'
Insured3
Noniniurod*
5
5
5
5
5
•4
4
•3
1
1
5
9
48
44
38
33
33
32
6
6
27
26
2
3
19
17
17
14
13
12
2
12
10
Noninsureds
772
720
612
420
322
286
772
720
612
420
322
286
115
114
172
123
80
69
115
95
94
80
54
51
19
78
43
26
18
657
606
440
297
242
217
179
200
63
• 17
189
208
'177
137
64
50
189
208
177
137
64
50
55
104
103
60
34
28
55
70
70
43
25
19
34
33
17
9
9
134
104
74
77
30
22
27
21
3
1
1,211
1,376
1,906
1,801
878
834
1,211
1,376
1,906
1,801
878
834
463
541
584
555
347
428
463
471
502
487
281
33d
70
82
68
66
89
748
835
1,322
1,246
531
406
512
391
19
15
1919
1924
1929
1934
1941
924
1,034
1,108
986
520
506
919
1,029
1,103
981
515
502
255
276
269
240
126
«194
255
253
248
224
120
124
23
21
16
6
«70
664
753
834
741
389
309
340
282
49
27
Iowa
1914
1919
1924
1929
1934
1941
1,455
1,676
1,616
1,286
622
644
1,455
1,676
1,610
1,286
622
644
341
435
448
311
144
150
341
356
347
265
121
103
79
101
46
23
47
1,114
1,241
1,168
975
478
494
376
434
102
60
1,144
1,304
1,293
1,077
752
660
1,144
1,304
1,293
1,077
752
660
212
247
267
253
209
207
212
241
260
247
190
181
0
7
6
13
26
932
1,057
1,026
824
543
453
217
244
326
209
611
575
612
572
444
405
611
575
612
572
444
405
143
139
147
145
107
113
143
129
138
138
98
95
16
9
7
9
18
468
430
465
427
337
202
280
259
57
33
248
254
251
226
147
146
248
254
251
226
147
146
31
48
48
42
31
37
31
32
33
33
28
29
16
15
9
3
217
206
203
184
116
109
114
108
2
1
162
159
150
134
102
99
114
115
112
101
69
67
69
64
63
55
45
41
60
62
59
53
39
36
2
4
2
6
5
45
51
49
46
24
26
242
251
250
235
192
187
223
234
233
221
179
175
101
103
93
87
69
74
101
96
85
82
62
63
7
8
5
7
11
122
131
140
134
110
101
Total
-.
-
Idaho
1914
1919
1924
1929
1934
1941
Illinois
1914
1919
1924
1929
1934
1941
.
Indiana
1914
- --
Kansas
1914
1919
1924
1929
1934
1941
Kentucky
1914
1919
1924
1929
1934
1941
Louisiana
1914
1919
1924
1929
1934
1941
,.
Maine
1914
19191924
1929
1934
1941
Maryland
1914
1919
1924
1929
1934
1941
For footnotes see end of table, pp. 32-33.
19
17
108
98
ALL BANKS
27
OF BANK AND BY STATES, SELECTED YEARS, 1914-1941-Continued
DEPOSITS i
[In millions of dollars. June call dates]
Total deposits
Interbank and other deposits
of commercial banks
Commercial banks
State and year
All
banks
Member banks
Total
Total
National
State
Mutual savings banks
All commercial
Nonmember banks
banks
Non. Non- Inter2
Total Insured iniured* Total Insured5 insured' bank
Other
Georgia
1914
1919
1924
1929
1934
1941
132
312
321
342
300
604
132
312
321
342
300
604
55
182
223
256
252
492
55
140
136
218
215
399
42
88
38
36
93
77
130
98
86
49
112
Idaho
1914
1919
1924
1929
1934
1041
38
95
74
88
55
113
38
95
74
88
55
118
22
63
56
57
42
98
22
51
46
40
23
91
15
9
17
19
7
16
29
18
31
13
15
Illinoi.
1614
1919
1924
1929
1934
1941
1,448
2 t 517
3,417
4,030
2,637
5,639
1,448
2,517
3,417
4,030
2,637
5,639
698
1,852
2,374
2,727
2,413
5,224
698
1,200
1,438
1,309
1,927
4,234
653
936
1.419
486
960
750
665
1,043
1,303
223
415
366
639
781
875
517
1,098
353
624
763
850
499
1,077
170
307
360
437
291
•758
170
278
311
373
259
593
28
49
64
32
»165
183
317
403
413
208
323
Iowa ;
1914
1919
1924
1929
1634
1941
496
934
913
860
406
771
496
934
913
860
406
771
177
416
416
389
229
415
177
334
307
307
178
288
82
109
82
51
127
319
518
497
471
177
356
K,an>a>
1914
1919
1924
1929
1934
1941
180
434
392
443,
323
463
180
434
392
443
323
463
79
176175
233
201
303
79
169
172
228
189
276
7
3
5
13
27
101
258
217
210
122
160
1919
1924
1929
1934
1941
157
323
405
467
328
543
157
323
405
467
328
543
SO
176
242
276
209
373
80
157
201
219
162
296
10
40
57
48
77
• 77
147
163
191
119
170
Louisiana
1914
1919
1924
1929
1934
1941
140
307
381
432
276
603
140
307
381
432
276
603
44
225
257
28,7
223
4g7
44
99
88
102
199
424
126
169
184
24
63
96
82
124
145
53
116
Maine
1914
1919
1924
1929
1934
1941... .
199
257
332
400
290
362
102
160
225
287
171
231
52
90
134
131
130
171
52
73
105
125
102
132
17
28
5
28
39
50
70
91
156
41
60
317
538
651
825
664
1,073
219
422
504
631
468
.844
123
261
274
321
347
622
126
227
219
234
262
441
33
55
88
84
181
93
161
230
310
121
222
Indiana
1914
1919
1924
1929
1934
1941...
^
Kentucky
1914
Maryland
1914
1919
1924
1929
1934..
1941
44
107
8
12
217
402
196
312
149
323
65
108
107
164
111
145
Other
5
5
12
31
28
28
44
119
121
280
292
314
257
484
7
28
27
27
42
117
49
154
197
229
210
375
6
3
2
4
2
3
2
3
36
91
73
86
54
110
2
3
2
3
2
3
20
62
54
55
40
65
6
13
310
443
472
396
418
1,083
1,138
2,073
2,944
3,634
2,218
4,557
254
413
461
385
417
1,081
444
1,439
1,914
2,343
1,997
4,143
28
42
43
38
40
86
325
582
719
811
459
991
23
35
37
35
36
82
147
271
323
401
2J55
"676
28
33
46
93
58
46
37
69
451
840
855
814
370
702
41
91
53
43
35
67
137
325
364
346
194
348
57
52
13
34
26
26
35
46
167
399
366
417
288
417
10
25
20
22
33
44
69
151
155
211
168
259
11
7
14
22
28
24
30
85
143
301
378
443
298
458
13
21
27
23
26
84
67
155
215
253
181
289
20
43
41
44
42
133
120
265
340
389
234
471
11
41
39
42
41
129
33
185
218
245
182
358
3
3
3
2
3
3
2
5
10
50
87
131
129
126
162
35
35
40
39
54
124
92
225
235
282
293
4QD
13
11
13
15
18
25
18
«20
12
•14
6
6
52
116
36
41
Member banks
Interbank
2
19
67
97
107
113
119
131
10
77
98
116
147
194
196
229
38
15
1
2
81
116
6
10
99
157
222
283
166
221
195
227
40
39
45
44
57
132
180
382
459
583
411
712
BANKING AND MONETARY STATISTICS
28
NO. S-ALL BANKS-NUMBER AND DEPOSITS, BY CLASS
NUMBER
[June call dates]
Commercial banks
State and year
All
banks
Mutual savings banks
Member banks
Total
Total
National
Nonmember banks
Total
State
Insured 2
Noninsured 3
Massachusetts
1914..... .......
1919. - .
1924
.._._.__.
1929
.._„._
1934
1941
.._..____
440
458
448
452
409
387
244
262
252
256
216
196
173
185
182
180
170
153
173
158
157
155
138
124
27
25
25
32
29
71
77
70
76
46
43
42
37
4
6
Michigan
1914_______. ._._._...
1919_______. ._...____
1924 .
.........
1929...
1934..
1941. _ _ _ _ _ _ . . . . _ . _ . . .
567
633
718
742
435
442
567
633
718
742
435
442
99
235
287
283
154
221
99
108
121
133
86
78
127
166
150
68
143
468
398
431
459
281
221
230
200
1,108
1,453
1,422
1,072
691
677
1,100
1,446
1,415
1,067
690
676
273
329
363
284
229
207
273
305
334
272
211
186
24
29
12
18
21
827
1,117
1,052
783
461
469
424
437
37
32
Mississippi
1914
1919-.
1924.
1929
__.__..„....
1934..
1941.. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
316
303
335
312
216
207
316
303
335
312
216
207
37
35
43
38
28
26
37
33
35
35
25
24
2
8
3
3
2
279
268
292
274
188
181
178
174
10
7
Missouri
1914. _ _ . _ . . . _ _ _ _ _ . . . .
1919
1924_______. _ _ _ _ _ _ _ _ _
1929
.
1934
1941
_._...
1,467
1,546
1,612
1,325
702
619
1,467
1,546
1,612
1,325
702
619
130
153
192
192
140
152
130
133
134
134
90
84
20
58
58
50
68
1,337
1,393
1,420
1,133
562
467
488
426
74
41
Montana
1914.
..
..
1919
1924
.____.
1929
1934.. _ _ _ . _ . . _ _ _ . _ _
1941
.
287
418
248
' 198
125
111
287
418
248
198
125
111
61
153
128
91
68
67
61
134
93
69
48
42
19
35
22
20
25
226
265
120
107
57
44
53
44
4
Nebraska
1914.
.... .
1919.. _ _ _ . . . _ _ _ . _ _ _ . _
1924
1929
1934
1941.
965
1,146
1,100
846
435
418
965
1,146
1,100
846
435
418
228
198
188
161
146
147
228
189
175
158
137
133
9
13
3
9
14
737
948
912
685
289
271
228
214
61
57
Nevada
1914.................
1919
„
1924.
1929
1934
.
1941
31
33
34
35
10
11
31
33
34
35
10
11
10
10
11
10
6
8
10
10
11
10
6
6
3
3
1
2
21
23
23
25
4
3
New Hampshire
1914
1919...
. ....
1924
1929
1934
1941 ...
126
125
123
123
113
107
69
69
70
71
65
64
56
55
55
57
53
53
56
55
55
56
52
52
1
13
14
15
14
12
11
New Jersey
1914
1919
1924
1929
1934
1941. „ _ _ _ _ _ _ _ „ _ _ _ _ _
366
386
479
567
423
383
340s
360
452
540
398
359
202
236
302
364
287
287
202
203
246
299
234
225
33
56
65
53
62
138
124
150
176
111
72
. Nonineured 3
51
21
Minnesota
1914.
1919... ...... ........
1924_______. .__..__..
1929.
1934
__.._...._._.
1941..
_...___.__
Insured 2
Total
For footnotes see end of table, pp. 32-33.
•
1
4
3
8
8
._ .. 100
63
11
9
196
196
196
196
193
191
8
7
7
5
1
1
193
191
1
57
56
53
52
48
43
26
26
27
27
25
24
48
43
21
13
4
11
ALL BANKS
29
OF BANK AND BY STATES, SELECTED YEARS, 1914-1941-Continued
DEPOSITS^
[In millions of dollars. June call dates]
Total deposits
Interbank and other deposit*
of commercial banks
Commercial banks
State and year
Massachusetts
1914
1919
1924
1929
1934
1941
All
banks
Total
Total
National
State
1,681
2,436
3,179
4,012
3,675
4,543
786
1,346
1,669
1,969
1,623
2,379
452
1,094
1,447
1,663
1,490
2,168
452
697
1,005
1,132
1,233
1,737
397
442
531
258
431
334
252
222
306
133
211
524
997
1.442
2; 035
827
2,085
524
997
1,442
2,035
827
2,085
164
768
1,145
1,564
644
1,846
164
280
391
557
448
1,195
488
753
1,007
196
650
360
229
297
471
183
239
457
870
949
970
736
1,124
431
833
894
898
676
1,056
270
506
560
584
551
841
270
472
530
578
544
818
34
30
6
7
23
161
327
334
314
125
215
66
156
179
221
124
224
66
156
179
221
124
224
18
39
62
77
47
93
18
37
55
74
47
76
1
8
2
17
48
117
117
144
77
131
627
1,139
1,198
1,260
1,028
1,779
627
1,139
1.198
1,260
1,028
1,779
278
670
824
938
879
1,524
278
495
456
503
487
806
174
368
435
391
719
349
469
374
322
149
255
90
181
119
165
97
157
90
181
119
165
97
157
42
100
88
131
84
135
42
85
61
89
58
87
14
27
43
26
48
48
81
31
34
13
22
210
500
454
438
274
357
210
500
454
438
274
357
117
235
203
215
216
287
117
230
198
214
212
281
5
5
1
4
7
93
265
251
223
58
70
17
34
34
46
17
47
17
34
34
46
17
47
7
14
14
19
13
45
7
14
14
19
13
43
2
10
20
20
27
3
2
135
172
223
283
252
296
32
51
70
88
69
100
25
38
50
63
56
84
25
38
50
62
55
83
1
1
1
7
13
20
25
13
16
614
1,041
1,641
2,327
1,726
2,363
497
886
1,435
2,058
1,414
2,045
229
581
1,009
1,471
1,062
1,673
229
408
626
858
612
980
173
383
612
450
693
268
305
426
587
352
371
Michigan
1914
1919
1924
1929
1934
1941
Minnesota
1914
1919
1924
1929
1934
1941
Mississippi
1914
1919
1924 .
1929
1934
1941
Missouri
1914
1919.
1924
1929
1934
1941
Montana
1914 „
1919
1924
1929
1934
1941
Nonmember banks
Non- 3
Total [nsiired2 insured
Member banks
.
Nebraska
1914
1919
1924
1929
1934
1941
Nevada
1914. ,
1919
1924
1929
1934
1941. ._
New Hampshire
1914.
1919.
1924
1929
1934
1941
New Jersey
1914. . . .
1919
1924
1929
1934
1941
Mutual savings banks
Member banks
Total
Interbank
All commercial
banks
NonInterInsured2 insured* bank
Other
895
1,090
1,510
2,043
2,051
2,164
Other
147
178
118
204
74
128
139
249
655
1,204
1,519
1,814
1,415
1,956
111
120
144
146
194
391
342 .
975
1,303
1,517
1,296
1,778
32
43
51
59
54
150
492
953
1,392
1,976
772
1,935
22
41
49
57
51
148
142
726
1,096
1,506
594
1,698
58
123
89
83
103
178
373
7rt>
806
814
573
878
55
117
86
81
102
176
215
389
473
502
448
665
3
3
2
7
7
9
4
14
64
149
172
213
120
210
1
3
4
5
3
11
17
35
59
72
45
82
10
6
155
228
197
171
243
509
472
911
1,001
1.090
785
1,270
136
201
185
164
242
505
142
469
639
775
637
1,019
6
10
5
95
140
132
142
150
155
209
423
3
5
7
5
11
39
92
83
124
79
124
38
71
2,051
2,164
35
60
8
11
26
37
55
72
60
68
60
68
13
22
5
11
84
171
114
158
92
146
48
61
29
70
53
49
55
67
182
430
401
389
219
290
27
61
45
44.
65
66
91
175
158
172
161
221
1
2
1
2
1
2
1
2
1
16
32
33
45
16
45
1
6
12
13
IS
13
44
'183
"196
3
3
3
3
4
5
28
48
67
84
65
96
3
3
3
3
4
5
21
35
47
60
52
79
120
186
28
21
24
40
28
45
469
866
1,411
2,019
1,386
1,999
19
17
19
24
21
40
210
564
990
1,447
1,041
1,633
10
9
3
2
7
9
323
369
6
7
103
121
153
195
183
196
29
2
117
155
206
269
312
319
192
133
BANKING AND MONETARY STATISTICS
30
NO. 8-ALL BANKS-NUMBER AND DEPOSITS, BY CLASS
NUMBER
[June call dates]
Mutual sayings banks
Commercial banks
All
banks
State and year
Nonmember banks
Member banks
Total
National
Total
New Mexico
1914
1919
1924
1929
1934
1941
Noninfiured >
84
113
76
58
43
41
„
..-.
North Carolina
1914
1919
1924
1929
1934
1941
North Dakota
1914
1919
1924 -.
1929
1934
1941
.
. .
84
113
76
58
43
41
37
51
35
30
27
27
37
44
33
28
24
22
7
2
2
3
5
47
62
41
28
16
14
957
1,021
1,120
1,143
935
864
817
880
972
993
797
730
481
562
621
673
574
572
481
480
523
562
459
425
82
98
111
115
147
336
318
351
320
223
158
186
142
27
16
476
523
554
428
243
228
476
523
554
428
243
228
73
88
95
81
52
54
73
82
83
73
42
44
6
12
8
10
10
403
435
459
347
191
174
183
166
769
882
687
433
210
160
769
882
687
433
210
160
146
177
169
126
5
4
1
I!
146
172
165
125
71
45
623
705
518
307
139
115
128
105
379
428
450
397
316
372
379
369
359
323
248
242
915
925
808
649
416
390
915
925
808
649
416
390
343
351
428
309
220
218
343
343
421
307
219
207
258
265
277
235
105
73
258
265
277
235
104
72
84
98
135
119
59
32
,322
,477
,650
,590
,112
,085
1,311
1,468
1,641
1,582
1,105
1,078
50
48
45
33
35
35
375
421
411
223
126
151
Noninsurea s
140
141
148
150
138
134
2
4
136
130
3
3
3
3
3
3
3
3
11
10
1,101
1,147
1,104
1,026
685
692
Insured2
Total
8
8
1,104
1,150
1,107
1,029
688
695
New York
1914
1919
1924
1929
1934
1941
15
13
1
1
8
.
Ohio
1914
1919
1924
1929
1934
1941
Oklahoma
1914
1919
1924 1929
1934
1941 Oregon
1914
1919
1924
1929
1934
1941
Insured 2
Total
State
.-
Pennsylvania
1914
1919
1924
1929 .
1934
1941
Rhode Island
1914
1919
1924
1929
1934
1941
South Carolina
1914
1919
1924 . 1929
1934
1941
.
„„
„__„
722
719
654
629
369
320
345
301
24
19
2
1
11
572
574
380
340
196
172
176'
163
20
9
84
87
97
93
53
26
11
38
26
6
6
174
167
142
116
45
40
42
37
3
3
1
1
1
1
837
874
941
962
769
776
837
834
864
861
697
687
40
77
101
72
89
474
594
700
620
336
302
48
28
11
9
9
8
7
7
2
6
35
33
31
24
26
26
19
20
20
14
14
14
19
17
17
10
12
12
3
3
4
2
2
16
13
11
10
12
12
2
2
10
10
15
15
14
9
9
9
375
421
411
223
126
151
51
93
100
61
22
27
51
79
81
53
18
22
14
19
8
4
5
324
328
311
162
104
124
63
87
41
37
For footnotes see end of table, pp. 32-33.
59
91
74
68
130
8
288
274
5
1
9
9
ALL BANKS
31
OF BANK AND BY STATES, SELECTED YEARS, 1914-194t-Continiud
DEPOSITS i
[In millions of dollars. June call dates]
Total deposits
Interbank and other deposits
of commercial banks
Commercial banks
State and year
Mutual savings banks
AH
banks
Nonmember banks
Member banks
Total
Total
National
State
Total
NonInsured2 insured*
All commercial
banks
Member banks
Non- InterInsured* insured* bank
Other
2
2
1
1
1
3
22
40
31
43
29
66
2
2
1
1
1
3
IS
2(!
23
32
25
54
1,063
1,457
1,587
1,665
1,902
5,012
3,162
6,717
8,112
10,499
9,032
16,796
795
1,431
1,554
1,633
1,798
4,662
1,298
5,914
7,110
9,017
8,234
15,419
4
8
8
19
22
26
35
145
98
228
321
340
209
448
6
16
19
22
32
133
35
105
159
180
123
254
1
2
4
11
3
3
2
4
83
197
137
121
58
80
3
9
3
3
2
4
33
76
67
71
43
50
93
125
116
123
87
245
812
1,660
2,083
2,467
1,408
2,700
84
120
110
117
84
243
336
1,019
1,650
1,883
1.174
2,356
3
1
10
31
29
39
37
80
115
318
328
431
273
427
8
23
28
38
36
79
76
211
270
348
236
370
4
4
3
3
13
17
17
16
15
24
110
213
244
263
183
365
10
16
16
15
15
24
64
150
18f
213
160
337
75
72
217
277
338
445
511
621
5
563
506
58
285
280
347
291
424
810
1,533
2,690
3,697
4,538
3,269
4,823
264
265
333
267
407
789
825
1,843
2,490
3,140
2,714
4,081
66
65
82
101
140
169
170
180
170
180
4
4
4
6
11
13
146
193
268
330
270
352
2
4
4
5
11
12
29
162
247
302
199
280
4
10
9
8
9
12
66
174
202
170
80
179
3
8
7
7
6
12
22
81
105
100
37
127
Total
Interbank
Other
New Mexico
1014
1919
1924
1929
1934
1941
17
28
23
33
25
57
17
27
23
32
25
55
1
1
3
7
14
9
11
5
12
4,225
8.174
9,698
12,164
10,934
21,808
2,093
7,345
8.665
10.649
10.032
20,071
2,093
4,185
4,552
4,521
3,973
8,468
3,160
4,112
6,028
6,059
11,603
2,132
829
1,033
1,615
902
1,737
106
247
342
366
244
593
106
247
342
366
244
593
41
121
177
201
155
387
41
95
127
137
59
139
26
50
65
96
248
65
126
165
165
89
206
87
208
140
124
60
85
36
85
70
74
45
54
36
82
69
74
45
54
970
1,750
2,271
2,695
1.606
3,071
905
1,685
2,199
2,591
1,495
2.946
420
1,139
1,660
2,000
1,258
2,600
420
751
687
699
688
1,328
125
348
367
470
310
508
125
348
357
470
310
508
84
234
298
386
272
449
84
226
297
385
272
443
122
230
261
279
198
392
122
230
261
279
198
389
63
166
202
228
175
361
2,035
3.248
4,382
6,274
4,193
6,254
. ..
24
42
32
44
31
70
87
208
140
124
60
85
... .
24
42
32
44
31
70
5,997
10,353
12,972
16,627
16,073
27,457
- -
1,818
2,971
4,044
4,829
3.683
5.633
233
297
412
504
461
545
70
184
211
177
89
191
2
5
12
New York
idi4
1919
1924
1929
1934
1941
564
636
338
1,102
1,772
2,179
3,274
4,463
5,140
5,649
494
742
4,646
4,907
North Carolina
1914
1919
1924
1929
....
1934.
1941
85
198
North Dakota8
1914
1919
1924
1929
1934....
1941
4
1
51
123
70
50
15
31
14
29
Ohio
1914
1919
1924
1929
1934
1941
- ,
.
388
974
1,301
570.
1,271
485
546
539
691
237
346
232
340
5
6
65
65
72
104
111
125
111
125
Oklahoma
1914
1919
1924
1929
1934
1941
Oregon
1914
1919
19241929
1934
1941
..__,».
„ ..
6
41
114
59
84
38
59
63
138
153
204
173
356
28
49
25
2
5
59
64
59
51
23
29
1,089
2,109
2,823
3,408
3,121
4,870
1,089
1,741
2,204
2,481
2,133
3.401
368
619
927
988
1,469
729
862
1,221
1,421
662
763
151
196
272
335
281
364
32
166
250
307
210
292
32
42
54
41
78
132
123
197
265
132
160
119
30
22
28
72
72
70
184
211
177
89
191
25
89
113
106
42
139
25
79
98
98
36
128
9
15
8
6
12
45
95
98
71
46
51
9
1
1
35
57
19
25
Pennsylvania
1914
1919
1924
1929
1934
1941
Rhode Island
1914
1919
1924
1929
1934
1941
South Carolina
1914
1919
1924
1929
1934
1941
... .
486
691
6
7
37
43
10
9
32
BANKING AND MONETARY STATISTICS
NO. &-ALL BANKS-NUMBER AND DEPOSITS, BY CUSS
NUMBER
[June call dates]
Mutual savinga banks
Commercial banks
State and year
All
banks
Nonmember banks
Member banks
Total
Total
National
Total
State
Insured3
Noninsured >
South Dakota
1914
1919
1924
1929. _.
1934
1941
636
655
553
396
212
162
636
655
553
396
• 212
162
105
138
130
102
87
60
105
126
116
93
64
38
12
14
9
23
22
531
517
423
294
125
102
125
101
489
519
569
490
329
297
489
519
569
490
329
297
113
109
121
104
75
78
113
103
108
99
71
71
6
13
5
4
7
376
410
448
386
254
219
239
210
1,386
1,450
1,522
1,333
957
836
518
647
749
707
511
527
518
543
573
623
456
445
104
176
84
55
82
868
803
773
626
446
309
312
255
134
54
Utah
1914
1919
1924..
1929
1934
1941
113
125
116
105
60
60
113
125
116
105
60
60
23
49
50
43
32
34
23
26
20
20
14
13
23
30
23
18
21
90
76
66
62
28
26
28
26
Vermont
1914
1919
1924
1929
1934
1941
106
106
105
104
94
81
85
86
86
85
75
73
49
48
46
46
42
40
49
48
46
46
42
40
Virginia
1914
1919
1924
1929
1934
1941
398
448
523
481
328
314
398
448
523
481
328
314
133
164
194
177
155
180
133
153
182
164
132
130
Washington
1914.
1919
1924
1929
1934
1941
353
369
379
344
202
138
353
368
377
339
199
135
77
112
159
148
94
57
West Virginia
1914
1919
1924
1929
1934
1941
315
336
350
310
181
181
314
335
350
310
181
181
Wisconsin
1914
1919
1924
1929.
1934
1941
787
945
993
964
639
569
Wyoming
1914
1919
1924
1929
1934
1941
104
148
116
87
63
58
Notinjured *
15
9
1,386
1,450
1,522
1,333
957
836
Insured*
1
Tennessee
1914,
1919
1924
1929
1 3 . . . ..
94...
1941
Total
Texas
1914
1919.. „
1924
1929
1934
1941
36
38
39
*°
33
33
31
32
2
11
12
13
23
50
265
284
329
304
173
134
163
132
29
47
42
27
14
276
256
218
191
105
78
119
123
142
132
96
98
119
119
125
116
78
77
4
17
16
18
21
195
212
208
178
85
83
782
938
987
958
636
565
131
180
185
174
119
•144
131
147
155
157
105
99
33
30
17
14
«45
651
758
802
784
517
423
500
412
104
148
116
87
63
58
32
42
40
28
34
35
32
42
37
25
26
26
3
3
8
9
72
106
76
59
29
23
19
8
1
2
5
3
3
3
3
10
2
77
83
112
106
67
43
21
20
19
19
19
8
29
23
91
73
14
5
1
1
72
75
13
8
17
11
5
7
6
6
3
"4
3
•3
1
1 Where no deposit figure is shown, the amount reported or computed was either none or less than (500,000. The sum of the deposit figures
by class of bank and by States is not necessarily the same as the given State and United States totals, because the figures were first computed
in thousands of dollars and then rounded to the nearest million dollars.
2
Federal deposit insurance began January 1, 1934. See footnote 2, Table 1, p. 16.
' These figures are derived residuals and are subject to^some revision; see introductory text, pp. 8 and 10.
4
6 See footnote 4, Table 1, p. 17.
The United States total includes one national bank in Alaska, which was a member of the Federal Reserve System from the time it opened
for business in April 1915 until it was placed in voluntary liquidation in April 1921, and which in'June 1919 had total deposits of (351,000.
ALL BANKS
33
OF BANK AND BY STATES, SELECTED YEARS, 1514-1141-Continued
DEPOSITS i
[In millions of dollars. June call dates]
Interbank and other deposits
of commercial banks
Total deposits
Commercial banks
State and year
All
banks
Member banks
Total
Total
National State
Mutual savings banks
All commercial
Nonmember banks
banks
NonNon- 3 Inter2
Total Insured insured* Total Insured* infiurcd bank
Other
South Dakota
1914
1919
1924
1929
1934
1941
95
268
178
154
70
107
95
268
178
154
70
107
36
111
73
77
51
78
36
95
66
71
42
63
16
7
6
9
15
59
157
105
77
19
29
Tennessee
1914
1919
1924
1929
1934
1941
147
305
369
437
320
679
147
305
369
437
320
679
79
200
232
261
248
563
79
147
164
231
240
512
52
69
30
8
51
68
105
137
176
72
116
Texas
1914
1919
1924 .
.
1929
1934
1941
309
708
874
1,134
975
1,838
309
708
874
1,134
975
1,838
225
548
691
933
861
1,686
225
500
622
880
826
1,609
48
69
54
35
77
84
160
183
201
114
152
Utah
1914
1919. .1924
_.„.
1929
1934
1941
63
114
123
147
103
178
63
114
123
147
103
178
24
82
85
92
82
147
24
47
44
52
47
83
35
41
40
36
64
39
32
38
55
20
31
Vermont
1914
1919
1924
1929
1934 .
1941
114
147
192
243
169
177
61
87
113
144
94
119
21
33
45
62
42
60
21
33
45
62
42
60
Virginia
1914
1919
1924
1929
1934
1941
172
384
445
487
422
763
172
384
445
487
422
763
111
271
320
351
331
607
111
253
285
287
266
459
IS
35
64
65
148
61
113
125
136
91
156
Washington
1914.
1919
1924
1929
1934
1941
198
365
398
486
351
695
198
355
369
432
302
620
99
254
290
353
270
573
99
200
253
296
219
547
53
37
56
51
26
99
101
79
79
33
47
West Virginia
1914
1919
1924
1929
1934.
1941
144
244
344
341
225
351
142
242
344
341
225
351
66
118
181
193
176
269
66
110
152
158
120
190
9
29
35
56
79
76
124
163
148
49
82
370
646
810
965
626
1,093
368
643
805
956
622
1,088
165
360
432
497
400
6767
165
211
337
434
345
613
83
94
63
55
6153
203
283
373
459
222
326
23
72
68
63
44
73
23
72
68
63
44
73
15
46
47
36
34
58
15
46
46
36
31
53
1
1
3
5
8
26
21
27
10
15
Wisconsin
1914
1919
1924
1929
1934
1941
„_
Wyoming
1914
1919
1924
1929 .
1934
1941
40
54
68
82
52
59
Member banks
Interbank
Other
68
113
79
130
1
88
243
171
149
67
103
4
22
6
4
3
4
32
90
67
72
48
74
4
3
14
36
30
27
43
145
133
269
339
410
277
534
10
36
29
27
42
144
69
164
203
235
206
419
35
22
39
93
92
100
133
319
271
.614
782
1,033
842
1,519
35
85
86
96
131
316
191
462
605
837
730
1,370
6
14
11
15
10
23
57
100
112
133
92
155
5
13
10
14
10
23
19
69
75
78
72
125
1
2
1
1
1
1
60
85
112
143
92
118
]
2
1
1
1
]
20
31
44
61
41
59
16
41
33
28
39
99
156
343
407
459
383
664
15
39
36
27
38
96
96
232
283
324
293
511
16
32
27
36
36
64
182
324
343
396
266
556
14
29
25
34
33
63
85
225
265
318
237
510
2
2
19
28
7
26
7
5
3
4
6
8
11
9
9
21
136
233
333
333
217
330
4
6
8
7
8
20
62
113
173
186
168*
249
2
3
5
9
4
6
5
25
44
44
44
45
95
344
598
762
911
577
993
21
42
41
42
44
94
145
317
390
455
356
^73
1
5
4
2
3
6
22
67
64
61
41
67
1
5
3
2
3
6
14
41
44
34
31
52
20
31
53
60
79
99
75
58
52
59
87
155
22
36
45
76
218
319
10
15
75
58
4
1
11
11
10
29
54
49
75
49
75
4
6
4
7
4
«5
6
The figures for member (commercial) banks and those for mutual savings (non-commercial) banks both include one mutual savings bank in
Indiana with total deposits of $3,218,000 and two in Wisconsin with total deposits of $4,518,000, which became members of the Federal Reserve
System in April 1941. The total for "all banks," however, includes such banks only once; and they are not included in the total for "commercial
banks."
7
The difference (9 million) between total deposits as shown in this table and in Table 43 represents deposits of the, four insured ban Ice in
United States possessions, deposits for which are included in Table 43.
s Figures exclude Bank of North Dakota, owned and operated by the State, with deposits of $33,000,000 on December 31, 1941.
BANKING AND MONETARY STATISTICS
34
NO.t-DEPOSITS AND CURRENCY-ADJUSTED DEPOSITS OF ALL BANKS AND
CURRENCY OUTSIDE BANKS, 189MM1
[In millions of dollars]
Total
deposits
adjusted
and
currency
outaide
banks
Total
demand
deposits
adjusted
and
currency
outside
banks
Total
deposits
adjusted
Demand
deposits
adjusted i
United
States
Government
deposits3
5,838
5,868
5,787
6.032
3,895
3,847
3,779
3,931
4,823
4,787
4,815
5.061
2,880
2,766
2,807
2,960
14
14
14
13
1,929
2,007
1,994
2,088
470
456
456
491
1,459
1,651
1,638
1,597
1,015
1,081
972
971
6,048
6,205
7,032
8,036
8,865
3,813
3,884
4,582
5,343
5,751
5,074
5,192
5,882
6,855
7,534
2.839
2,871
3,432
4,162
4,420
15
16
53
76
99
2,220
2,305
2,397
2,617
3,015
632
568
672
656
881
1,688
1,737
1,825
1.961
2,134
974
1.013
1,150
1,181
1,331
1801 —June 30
1802—June 30
1903 —June 30
1904—June 30
1905—June 30
10,013
10,839
11,452
11,973
13,237
6,599
7,150
7,505
7,818
8,698
8.618
9,408
9,909
10,411
11,608
5.204
5,719
5,962
6,256
7,069
99
124
147
110
75
3.315
3,665
3,800
4,045
4,464
1.055
1,186
1,288
1,443
1.727
2,260
2,380
2,512
2,602
2,737
1,385
1,431
1,543
1,562
1.628
1906—June 30
1907—June 30
1908— June 30
1909—June 30
1910—June 30
14,121
15,102
14,718
15.794
16,977
9,263
9,572
9,095
9,459
9,979
12,362
13,402
13,007
14,103
16,252
7,504
7,872
7,384
7,768
8,254
89
180
130
70
54
4,769
5,350
5,493
6,265
6,944
1,860
2,295
2,427
3,170
3,636
2,909
3,065
3.066
3,095
3,308
1,759
1,700
1,711
1,691
1,725
1811— June 30
1912-^June 30
1913— June 30
1914— June 30
1915— June 23
17,762
18,865
19,403
20,031
20,682
10,377
10,918
10,998
11,615
11,403
16,053
17,103
17,645
18,498
19,107
8,668
9,156
9.140
10,082
9,828
48
58
49
66
48
7,337
7,889
8,356
8,350
9,231
3.928
4.313
4,606
4.441
6,264
3,408
3,556
3,716
3,866
3,901
1
20
34
43
66
1.709
1,762
1.858
1.633
1,575
1916— June 30
1917_june 20
1918—June 29
1918— June 30
1920—June 30
24,201
28, 154
31,423
35,605
39,859
13,849
15,777
18,141
21,217
23,721
22,325
25,878
28,125
32,012
35,754
11,973
13,501
14,843
17,624
19,616
39
834
1,665
965
304
10,313
11,543
11,717
13,423
15,834
6,088
7,038
7,207
8,522
10,509
4.140
4.373
4,362
4.734
5,168
85
132
148
167
157
1,876
2,276
3,298
3,593
4,105
37,791
38,998
20,790
21,391
34.114
35.652
17,113
18,045
418
170
16.583
17,437
10,917
11.592
5.518
5.708
148
136
3,677
3,346
1923—June 30
Dec. 31
42,746
43,503
22,697
22,870
39,007
39.777
18,958
19, 144
327
254
19,722
20,379
13,374
13,871
ft,217
6,378
131
130
3,739
3,726
1924—June 30
Dec. 31
44,510
47.082
23,062
24,594
40,860
43,386
19,412
20.898
189
256
21,259
22.232
14,492
15.280
6,635
6,820
132
132
3,650
3.696
1925—June 30
Dec. 31
48.323
50,299
24,949
26,059
44,750
46,528
21,376
22.288
180
318
23,194
23,822
15,974
16,570
7,089
7,219
131
133
3.573
3,771
182ft— June 30
Dec. 31
50,570
51,123
25,601
25,548
46,969
47,296
22,000
21,721
228
247
24;741
25,328
17.125
17.508
7.483
7,683
133
137
3.601
3,827
1927—June 30
Dec. 31
52,229
54,082
25,539
26,430
48,673
50,382
21.983
22,730
225
280
26,465
27.372
18,306
18,962
8,016
8.265
143
145
3,556
3,700
1928—June 30
Dec. 31
54,678
55,638
25,881
26,674
51,056
52,045
22,269
23.081
271
283
28.526
28,681
19,802
19,761
8,576
8.770
148
150
3,622
3.593
55,171
64,713
26,179
26,366
51,532
51,156
22,540
22,809
381
158
28.611
28,189
19,557
19,192
8,905
8,838
149
159
3,639
3,657
54,389
53,653
25,075
24,572
51,020
49,948
21,706
20,967
322
305
28,992
28,676
19,705
19,012
9.117
9,424
170
240
3.369
3,605
1M1—June 30 . ._.,
Dec. 31
52,883
48.325
23,483
21,882
49,232
43,855
19,832
17,412
439
464
28,961
26.979
18,691
15,366
9,928
10.012
342
601
3,651
4,470
1832—June 30
Dec 31
45,415
45,362
20,241
20,397
40,799
40,693
15,625
15,728
418
508
24,756
24,457
14,049
13,631
9,927
9.929
780
897
4.616
4.669
1933—June 30
Dec. 30
41,680
42.548
19,172
19,817
36,919
37,766
14,411
15,035
852
1,016
21,656
21,715
10,849
11,019
9,621
9,488
1,186
1,208
4.761
4.782
Call date
1892—June 30
1893—June 30
1894— June 30
1895—June 30
1896— June 30
1897—June 30.
1898—June 30
1890—June 30
1900—June 30
1921—June 3 0
1922—June 30
„„
.
.
1929—June 29
Dec. 31
1930—June 30
Dec. 31
.
...
.
_- .
-- .
For footnotes see opposite page.
Time deposits
Total
Commercial
banks*
Mutual
savings
banks
Foetal
Savings
System*
Currency
outside
banks
ALL BANKS
35
NO. 9-DEPOSITS AND CURRENCY-ADJUSTED DEPOSITS OF ALL BANKS AND
CURRENCY OUTSIDE BANKS, 1812-1941-Contmued
[In millions of dollars]
Total
deposits
adjusted
and (
currency
outside
banks
Total
demand
deposits
adjusted
and
currency
outside
banks
Total
deposits
adjusted
Demand
deposits
adjusted*
United
States
Government
deposits'
45,961
47,985
21,353
23,114
41,302
43.330
16.694
18,459
1,733
1,715
22,875
23, 156
49,881
52,182
25,216
27,032
45,098
47,265
20,433
22,115
811
909
1936— June 30
Dec. 31
65,052
57,351
29,002
30,999
49,830
51,835
23,780
25,483
1937—June 30
Dec. 31
57,258
56,639
30,687
29,597
51,769
51,001
1938—June 30
Dec. 31
56,565
58,955
29.730
31,761
1939—June 30
Dec. 30 .
60,943
64,099
1940—June 29
Dec. 31
1941— June 30
Dec 31
Call date
1934— June 30
Dec. 31
1935—June 29
Dec. 31 -
1
1
_
Time deposits
Commercial
banks'
Currency
outside
banks
Mutual
savings
banks
Postal
Savings
System*
11,988
12,213
9,691
9,738
1,196
1,205
4,659
4,655
23,854
24.241
12,820
13,170
9,830
9,871
1,204
1.200
4,783
4,917
1,142
991
24,908
25,361
13,706
14,046
9,971
10,056
1,231
1,259
5,222
5,516
25,198
23,959
666
824
25,905
26,218
14,513
14,779
10,125
10,170
1,267
1,269
5,489
5,638
51.148
53,180
24,313
25,986
599
889
26,236
26,305
14,776
14,776
10,209
10,278
1,251
1.251
5,417
5,775
33,360
36,194
54,938
57,698
27,355
29,793
792
846
26.791
27,059
15,097
15,258
10,433
10.523
1,261
1,278
6.005
6.401
66,952
70.761
38,661
42,270
60,253
63,436
31,962
34,945
828
753
27,463
27,738
15,540
15,777
10,631
10,658
1,292
1,303
6,699
7,325
74,153
78,231
45,521
48,607
65,949
68,616
37,317
38,992
753
1.895
27,879
27.729
*15,928
'15,884
*10,648
U0.632
1,303
1,313
8,204
9.616
Total
Includes demand deposits, other than interbank and United States Government, less cash items in process of collection.
Beginning with December 1938, includes United States Treasurer's time deposits, open account.
* Excludes interbank time deposits and postal savings re deposited in banks.
* Includes both amounts redeposited in banks and amounts not so re deposited; excludes amounts at banks in possessions.
6
The commercial bank figures exclude and the mutual savings bank figures include three mutual savings banks which became members of
the Federal Reserve System in 1941.
36
BANKING AND MONETARY STATISTICS
NO. 11-PRINCIPAL ASSETS AND LIABILITIES OF BANKS BY POPULATION OF PLAGE IN WHICH LOCATED,
JUNE AND DECEMBER: MEMBER BANKS, 1929-1941; INSURED BANKS, 1534-1941
[Call date figures. In millions of dollars]
Loans and investments
Loans
Other cities with
population of —
Total
New
York
City
35,711
35,934
35,656
34,860
8,270
8,871
8,898
8,679
1,997
1,969
2,035
2,027
8,297
8,359
8,409
8,541
33,923
30,575
28,001
27,469
24,786
25,220
27,175
28,150
28,785
29,985
8,373
7,513
6,762
7,372
7,169
7,032
7,703
7,803
8,345
8,465
1,846
1,586
,294
,062
,303
,279
,513
,651
,678
,975
8,546
7,602
7,052
6,862
5,986
6,199
6,598
6,864
7,028
7,359
5,699
5,254
4,888
4,679
4,244
4,328
4,667
4,844
4,763
5,087
9,458
8,620
8,004
7,496
6,083
6,382
6,694
6,987
6,971
7,098
32,259
33,000
32,739
31,752
30,721
_ _ - _ 32,070
32,603
33,941
34,451
37,126
9,605
9,333
9,060
8,367
8,066
8,391
8,745
9,414
9,896
10,982
2,075
2,247
2,120
2,067
1,968
2,143
2,227
2,288
2,390
2,583 \
7,728
7,905
7,846
7,683
7,565
7,815
7,905
8,174
8,121
8,621
5,352
5,679
5,610
5,485
5,252
5,547
5,563
5,846
5,806
6,227
7,499
7,836
8,103
8,151
7,870
8,175
8,163
8,217
8,238
8,713
40,659
43,521
12,579
1.2,991
2,938
3,004
1934=-June
December
1935— June
December
4,513
4,633
4,766
4,849
187
199
178
201
32
37
43
48
1936—June
December
1937—June
December
1938—June
December
1939—June
December
1940— June
December
5,052
5,269
5,479
5,470
5,278
5,399
5,424
5,348
5,379
5,429
215
225
205
203
199
230
203
199
192
206
52
59
67
67
57
58
67
64
64
71
649
671
672
644
632
646
660
665
679
692
Year and month
1929—June
- December
1930—June
December
1931 —June
December
1932— June
December
1933— June
December
1934— June
December
1935— June
December
-
> .
-
1936—june
December
1937— june
December
1 938 —June
December
1939 — June
December
1940— June
December
, _
,
1941—June1
December1
_
,
_
,.
_ _
Chicago 500,000
and
over
100,000
Total
Under
to
500,000 100,000
All member banks
6,211 10,936 25,658
6,062 10,673 26,150
5,867 10,446 25,214
5,733
9,879 23,870
New
York
City
Other cities with
population of —
Chicago 500,000 100,000
Under
and
to
over
500,000 100,000
6,418
6.752
6,660
6,207
1,584
,585
,596
,440
6,098
6,370
6,078
6,047
4,446
4,458
4,145
3,945
7,113
6,984
6,734
6,231
21,816
19,261
16,587
15,204
12,858
12,833
12,523
12,028
11,928
12,175
5,540
4,792
3,705
3,559
3,439
3,468
3,415
3,174
3,336
3,452
,243
,074
884
638
683
611
579
553
509
505
5.525
4,966
4,393
4,035
3,207
3,228
3,112
2,989
2,913
2,951
3,677
3,296
2,961
2,716
2,241
2,218
2,173
2,160
2,055
2,173
5,831
5,133
4.644
4,257
3,288
3,308
3,245
3,152
3,115
3,094
12,542
13,360
14,285
13,958
12,938
13,208
13,141
13,982
13,969
15,321
3,549
3,876
4,299
3,696
3,196
3,287
3,015
3,329
3,050
3,422
567
678
726
694
582
598
612
648
690
794
3,076
3,226
3,386
3,467
3,266
3,254
3,261
3,400
3,454
3,728
2,176
2,361
2,469
2,568
2,361
2,450
2,491
2,696
2,691
3,009
3,174
3,220
3,404
3,532
3,533
3,619
3.762
3,889
4.084
4,368
3,822
9,272
6,650
9,220 16,729
961
4,121
1,075
10,030
7,403 10,093 18,021
Insured nonmember commercial banks
102
14
673
643
2,978
2,667
114
14
617
626
3,155
2,585
16
628
639
3,278
2,587
89
3,394
16
628
578
2,543
107
4,158
4,408
3,191
3,557
4,596
4,860
325
290
281
286
403
372
367
317
1.823
1,796
1,834
1,816
605
640
686
700
663
691
700
715
705
729
3,531
3,674
3,849
3,855
3,727
3,774
3,795
3,705
3,740
3,731
2,587
2,603
2,756
2,789
2,785
2,813
2,896
2,901
3,042
3,073
110
118
112
109
109
121
103
105
101
104
17
20
24
24
22
21
25
26
28
30
285
294
302
290
281
291
304
312
326
328
317
321
350
359
344
351
351
365
379
397
1,857
1.850
1,969
2.006
2,029
2,029
2,112
2,092
2,208
2,214
34
36
321
325
431
458
2,290
2,316
593
566
525
521
3,437
3,279
3,194
3,237
2,575
2,532
2,422
2,491
5,069
4,948
4,949
4,910
1941—June
December..
«.
5,534
5,774
196
203
81
84
649
658
1934—June
December „
1935— June
December
„„
31,688
- _ 32,784
33,550
34,834
7,890
8,002
8,523
8, -667
1,545
1,688
1,721
2,023
7,271
7,481
7,656
7,987
3,183
107
3,830
3,241 1
3,978
107
All insured commercial banks
3,517
9,672 15,190
5,310
3,288
5,470 10,142 14,613
3,425
5,402 10,249 14,515
3,560
5,665 10,492 14,718
37,311
38,268
38,218
37,221
35,999
37,470
38,028
39,289
39,830
42,555
9,819
9,558
9,265
8,570
8,265
8,621
8,948
9,613
10,088
11,188
2,127
2,306
2,187
2,134
2,024
2,201
2,294
2,353
2,454
2,654
8,377
8,576
8,518
8,327
8,197
8,462
8,565
8,839
8,800
9.313
5,958
6,320
6,296
6,185
5,915
6,238
6,263
6,562
6,511
6,956
11,031
11,509
11,952
12,006
11,597
11,948
11,958
11,922
11,978
12,444
15,129
15,963
17,041
16,747
15,722
16,021
16,037
16,863
17,011
18,394
3,658
3,994
4,411
3,805
3,305
3,408
3,118
3,434
3,151
3,527
585
698
750
718
604
619
637
674
719
824
3,361
3,519
3,688
3,758
3,547
3,545
3,565
3,712
3,780
4,056
2,493
2,682
2,818
2,927
2,705
2,801
2,842
3,062
3,069
3,406
5,031
5,070
5,373
5,538
5,562
5,648
5,874
5,981
6,292
6,582
46,193
1941—June 1
December^
... 49,295
For footnote see end of table, p. 41.
12,775
13,194
3,018
3,088
9,920
10,688
7,429
8,253
13,050
14,071
19,913
21,261
3,930
4,227
995
1,110
4,479
4,733
3,622
4,015
6,887
7,176
1936—June
December _
1937—June
"Dp.dembei"
1938 —June
December ,
1939—June
December
1940—June
December
778
851
ALL BANKS
37
NO. 10-PRlNCtPAL ASSETS AND LIABILITIES OF BANKS BY POPULATION OF PLACE IN WHICH LOCATED,
JUNE AND DECEMBER: MEMBER BANKS, 1929-1941; INSURED BANKS, 1934-1941-Continued
[Call date figures. In millions of dollars]
Investments
Total
New
York
City
1929—June
December
1930 —June
December
10,052
9,784
10,442
10,989
1,852
2,120
2,238
2,472
413
383
439
587
1931 —June
December
1932 —June
December
1933 —June
December
1934— June
December
1 935 T- June
December
- - 12,106
11,314
11,414
12,265
11,928
.
12,386
'
- - - - 14,652
16,122
16,857
. _ _ _ _ _ 17,810
2,834
2,721
3,057
3,813
3,731
3,564
4,288
4,630
5,009
5,013
....
19,717
19,640
18,454
17,794
17,783
18,863
19,462
19,979
20,482
21,805
.. . .
Year and month
United States Government obligations
Other cities with
population of—
Chicago 500,000 100,000
Under
and
to
over
500,000 100,000
Total
AH member banks
3,823
4,155
3,688
3,863
3,713
4,061
3,648
4,125
New
York
City
2,199
1,989
2,330
2,495 .
1,765
1,604
1,722
1,788
603
512
410
424
620
668
934
1,098
1,169
1,471
3,021
2,636
2,659
2,827
2,779
2,971
3,, 487
3,875
4,115
4,408
2,021
1,958
1,927
1,963
2,004
2,110
2,494
2,684
2,708
2,914
3,627
3,487
3,361
3,238
2,795
3,074
3,449
3,835
3,856
4,004
6,056
5,456
4,761
4,671
4,870
5,104
5,730
6,086
6,846
7,560
1,507
1,569
1,394
1,373
1,386
1,545
1,615
1,641
1,699
1,789
4,652
4,679
4,459
4,216
4,299
4,562
4,644
4,774
4,667
4,893
3,177
3,319
3,141
2,916
2,891
3,096
3,072
3,150
3,116
3,218
4,325
4,616
4,698
4,618
4,338
4.556
4,401
4,327
4,153
4,345
23,930
25,500
8,757
8,870
1,977
1,929
5,113
5,622
___
1,846
2,048
2,179
2,306
85
85
89
94
18
23
27
32
^
2,466
2,666
2,723
2,681
2,494
2,586
2,529
2,447'
2,337
2,356
105
107
94
94
90
109
100
94
91
102
35
39
43
43
35
37
42
38
36
41
363
377
370
354
351
355
35b
352
353
364
288
319
337
341
319
340
348
350
326
332
1,674
1,823
1,881
1,849
1,698
1,744
1,682
1,613
1,532
1,517
1,100
1,204
1,275
1,297
1,181
1,283
1,260
1,238
1,178
1,240
50
57
48
51
51
65
57
54
54
61
1941—June
December
2,350
2,533
89
96
47
49
328
334
348
393
1,539
1,661
1,293
1,509
1934—June
December
1935 —June
_.
December
16,498
18,171
19,036
20,116
4,373
4,715
5,099
5,107
. 952
,122
,196
,503
22,183
22,306
21,177
20,475
20,277
21,449
21,991
22,426
22,819
24,161
6,161
5,564
4,854
4,764
4,960
5,213
5,830
6,179
6,937
7,661
26,280
28,033
8,845
8,967
1936— June
December
1937 —June
December
1938—June
.
December
1939 —June
December
1940— June
._
December
1941— June 1
December1
-
- - -
. .
.
1934— June
December
1935— June _ . _
December
_
1936—June
December
1937—June .
December
1938—June
December
1939—-June
December
1940—June
December
1936—June
December
1937—June
December
1938_june
December
1939-^June
__
December
1940—June
December
1941—June 1 „ 1
December
_._
_
:
,.
.__
__ _
__ .
_
..
.. _
_
For footnote see end of table, p. 41.
Other cities with
population of—
Chicago 500,000 100,000
Under
and
to
over
500,000 100,000
1,013
1,116
1,153
1,246
176
131
174
254
1,078
924
1.076
1,047
739
646
667
655
1,149
1,047
991
923
5,343
5,319
5,628
6,540
6,887
7,254
9,413
10,895
11,430
12,268
1,664
1,775
2,015
2,611
2,560
2,372
3,220
3,538
3,822
3,839
353
295
238
232
391
396
688
849
892
1,199
1,506
1,297
1,379
1,625
1,725
1,922
2,352
2,763
2,940
3,276
834
863
886
953
1,105
1,235
1,584
1,788
1,831
1,985
986
1,088
1,110
1,118
1,106
1,330
1,568
1,956
1,945
1,970
13,672
13,545
12,689
12,372
12,343
13,223
13,777
14,328
14,722
15,823
4,776
4,224
3,646
3,612
3,756
3,875
4,502
4,801
5,504
6,067
1,164
1,268
1,069
1,087
1,053
1,193
1,244
1,271
1,320
1,380
3,404
3,444
3,315
3,141
3,200
3,456
3,468
3,619
3,434
3,621
2,187 ' 2,142
2,302
2,307
2,197
2,461
2,055
2,476
2,038
2,296
2,218
2,481
2,181
2,382
2,259
2,378
2,203
2,261
2,314
2,441
7,294
1,563
18,078
7,303
1,518
19,539
commercial .banks
593
29
10
30
13
818
922
37
16
18
1,007
40
3,912
4,450
2,565
2,962
2,743
3,305
147
150
177
183
90
104
119
124
317
520
574
641
19
21
24
24
18
20
' 24
22
19
24
202
210
212
209
202
214
210
210
208
226
141
157
172
182
165
187
190
196
179
195
688
759
819
831
746
797
779
756
718
734
56
62
28
32
205
214
218
269
786
932
3,834
4,202
4,461
4,750
All insured commercial_banks
4,604 10,006
3,249
2,735
5,195 11,712
2,938
3,569
5,300 12,352
2,980
3,859
5,582 13,275
3,174
3,879
698
862
908
1,217
2,499
2,913
3,116
3,459
1,674
1,893
1,950
2,109
1,885
2,476
2,519
2,610
,542
,608
,436
,416
,421
,582
,656
,679
,735
1,831-
5,015
5,056
4,829
4,569
4,650
4,917
5,000
5,127
5,020
5,257
3,465
3,638
3,478
3,258
3,211
3,437
3,421
3,500
3,442
3,550
5,999
6,440
6,579
6,468
6,035
6,300
6,083
5,940
5,685
5,862
14,772
14,749
13,964
13,669
13,524
14,506
15,037
15,566
15,900
17,063
4,826
4,281
3,694
3,663
3,806
3,941
4,559
4,855
5,558
6,128
1,182
1,289
,093
,111
,071
,213
,268
,293
,339
,404
3,606
3,654
3,527
3,350
3,403 .
3,669
3,678
3,829
3,642
3,848
2,328
2,459
2,369
2,237
2,203
2,405
2,370
2,455
2,382
2,508
2,830
3,066
3,280
3,307
3,042
3,278
3,161
3,135
2,978
3,175
2,023
1,978
5,441
5,955
3,807
4,239
6,163
6,895
19,371
21,047
7,350
7,365
,591
,550
4,117
4,664
2,783
3,231
3,530
4,236
3,459
4,624
3,845
5,233
Insured nonmember
241
1.155
. 348
254
1,360
327
272
1,444
346
342
261
1,577
BANKING AND MONETARY STATISTICS
38
NO. 10-PRINCIPAL ASSETS AND LIABILITIES OF BANKS BY POPULATION OF PUCE IN WHICH LOCATED,
JUNE AND DECEMBER: MEMBER BANKS, 1029-1141; INSURED BANKS, 1«4-1S4l-Continued
[Call date figures. In millions of dollars]
Other securities
Reserves with Federal Reserve Banks
Other cities with
population of—
Total
New
York
City
5,898
5,921
6,380
6,864
839
1,004
1,085
1,226
237
252
265
332
1,121
1,065
1,254
1,447
1,026
958
1,055
1,133
6,763
5,996
5,786
5,726
5,041
5,132
5,239
5,227
5,427
5,541
1,170
946
1,042
1,202
1,171
1,192
1,068
1,091
1,188
1,174
250
217
172
191
229
272
246
250
277
272
1.515
1,339
1,280
1,202
1,054
1,049
1,135
1,112
1,175
1,133
1,188
1,095
1,041
1,010
898
875
910
896
877
928
2,641
2,399
2,251
2,120
,688
,744
,881
,879
,911
2,035
6,045
6,095
5,765
5,422
5,440
5,640
5,685
5,651
5,761
5,982
1,280
1,233
1,115
1,059
1,114
1,229
1,228
1,285
1,343
1,493
344
300
325
286
333
352
371
369
379
409
1,248
1,235
1,144
1,075
1,098
1,106
1,177
1,156
1,233
1,272
989
1,017
944
861
853
878
892
891
913
904
2,183
2,310
2,237
2,142
2,041
2,075
2,019
,949
,893
,904
5,852
5,961
1,463
1,567
413
411
1,202
1,171
893
883
1934 —June
December
1935—June
December
,254
,231
,257
,299
56
55
52
54
1930— June
December
1937—June
December
1938— June
December
1939_june
December
1940—June
December
,366
,462
,448
,384
,312
,303
,268
,209
,159
,116
347
162
165
160
154
153
159
154
147
138
986
1,064
1,061
1,018
952
947
903
856
814
783
1941— June
December..-
Other cities with
population of—
,881
,928
Year and month
1929— June
_
December
_
December
.
1931— June
December
1932— June
December
1933—-June
December
1934—June
December
1935— june
December
-,
...
Total
All member banks
2,674
2,359
2,374
2,642
2,721
2,408
2,725 •2,475
790
832
820
905
2,396 i
853
1,975 j
668
1,998
775
2,511
1,135
2,235
848
2,678
906
3,819
1,420
4,082
1,580
4,933
1,939
5,573
2,545
5,607
6,572
6,897
7,005
8,004
8,694
10,011
11,604
13,751
13,992
2,112
2,665
2,757
2,745
3,525
4,112
4,984
5,929
7,091
7,080
Chicago 500,000 100,000
and
to
over
500,000
177
181
187
219
Under
100,000
511
499
536
526
363
343
360
341
518
518
504
483
174
548
165
444
421
150
287 "
449
235
480
349
549
446
840
428
840
690
918
529
1,088
358
292
284
280
295
381
473
545
627
640
463
406
367
360
377
492
640
688
760
772
-
„
._
_
.
-__\
_
1941— June 1
December1
For footnote see end of table, p. 41.
766
584
623
630
965
920
938
1,047
1,244
1,116
1,200
1,415
1,446
1,513
1,559
1,546
1,857
2,137
2,719
2,866
702
870
971
997
935
,045
,110
,225
,348
,484
826
1,038
1,100
1,119
1,019
1,072
1,121
1,266
1,349
1,446
2,963
2,694
,494
,691
1,508
1,799
8
10
11
14
5,873
1,121
12,959
5,124
1,088
12,396
Insured nonmember commercial banks
201
838
151
177
839
150
871
170
153
937
158
137
55
50
45
43
40
44
43
39
36
40
16
18
19
19
17
17
18
16
17
17
161
167
158
144
149
142
145
143
145
138
33
34
18
17
123
120
6,493
6,458
6,684
6,841
_ -.
1941— June l
December1
Under
100,000
,057
,025
1930— June
December
1937—June
December
193g— June
December
1939—-June
December
1940—June
December
1934— June
December
1935— June
!'
jJecember
F"
1936—June
.
December
1937—June
December
1938— June
December
1939_june
_
December
1940— June
December
Chicago 500,000 100,000
and
to
over
500,000
New
York
City
,124
,146
,240
,228
254
259
288
285
1,335
1,289
1,345
1,291
7,411
7,557
7,213
6,806
6,752
6,943
6,954
6,859
6,919
7,098
,335
,283
,160
,102
,154
,272
,271
,325
,379
,533
360
319
344
305
350
369
388
386
396
427
1,409
1,402
1,302
1,219
1,247
1,248
1,322
1,298
1,378
1,410
,137
,179
,109
,020
,008
,032
,050
,045
,060
,042
3,170
3,374
3,299
3,160
2,993
3,022
2,922
2,806
2,707
2,687
6,909
6,986
,495
,601
432
428
1,325
1,291
,023
,007
2,634
2,658
753
130
730
124
All insured commercial banks
1,420
2,718
,061
3,819
4,082
1,580
2,718
,046
4,933
1,939
2,781
,030
2,545
5,573
2,971
,065
446
42S
690
529
840
840
918
1.088
473
545
627
640
640
688
760
772
5,607
6,572
6,897
7,005
8,004
8,694
10,011
11,604
13,751
13,992
2,112
2,665
2,757
2,745
3,525
4,112
4,984
5,929
7,091
7,080
766
584
623
630
965
920
938
1,047
1,244
1,116
1;200
1,415
1,446
1,513
1,559
1,546
1.857
2,137
2,719
2,866
702
870
971
997
935
1,045
1,110
1,225
1,348
1,484
826
1,038
1,100
1,119
1,019
1,072
1,121
1,266
1,349
1.446
12,959
12,396
5,873
5,124
1,121
1,088
2,963
2,694
1,494
1,691
1,508
1,799
ALL BANKS
39
NO. 10-PRINCIPAL ASSETS AND LIABILITIES OF BANKS BY POPULATION OF PLACE IN WHICH LOCATED,
JUNE AND DECEMBER: MEMBER BANKS, 1929-1941; INSURED BANKS, 1934-1941-Continued
[Call date figures. In millions of dollars]
Cash in vault
Year and month
Total
New
York
City
- - -
433
558
484
593
59
71
61
98
519
523
478
423
405
471
473
609
537
665
1929—June
December
1930— June
December
57
55
54
48
47
48
65
88
52
66
713
697
629
589
712
746
712
841
789
991
Balances with domestic banks*
Other cities with
population of—
Chicago 500,000 100,000
Total
Under
and
to
over
500,000 100,000
All member banks
84
201
16
1,885
72
2,168
265
19
110
94
234
2,360
15
78
97
264
16
110
2,456
104
New
York
City
Other cities with
population of —
Chicago 500,000 100,000
Under
and
to
over
500,000 100,000
159
181
159
148
146
148
162
212
399
501
540
570
472
531
699
679
709
807
801
847
23
17
43
18
35
46
43
44
40
43
86
91
79
73
69
100
103
145
156
185
109
105
93
89
82
87
81
105
91
119
244
254
209
194
171
190
181
227
197
251
2,517
1,662
1,731
2,416
2,008
2,031
2,760
3,149
3,396
3,776
141
107
97
117
102
94
99
105
136
115
185
127
141
296
205
203
175
223
265
230
589
381
455
66b
506
449
651
719
705
795
736
451
519
714
598
616
886
1,012
1,084
1,213
866
596
518
622
597
669
950
,1,090
1,205
1,423
67
63
62
58
67
70'
63
92
91
105
43
39
36
33
40
43
34
52
48
53 '
214
206
129
125
218
239
233
251
241
282
125
124
133
120
128
130
127
152
139
186
264
264
269
253
260
264
255
295
269
365
3,944
4,066
3,207
3,414
4,084
4,240
4,674
5,506
5,751
6,185
118
137
108
124
124
116
119
137
131
135
223
219
185
214
251
279
287
338
307
389
869
860
669
686
878,
899
977
,121
1,176
,240
1,234
1,205
906
1,007
1,328
1,323
1,531
1,747
1,881
1,955
1,600
1,645
1,339
1,384
1,503
1,622
1,760
2,163
2,256
2,467
999
1,087
141
97
52
53
355
142
176
6,293 .
276
323
426
372
210
6,246
151
300
Insured nonmember commercial banks
,226
,164
2,014
1,814
2,588
2,745
150
184
168
205
10
7
14
17
2
2
2
3
14
16
14
16
19
21
18
21
105
138
119
148
901
,044
,126
,273
29
33
34
40
9
11
12
14
75
63
65
74
117
130
158
145
671
807
857
1,000
202
219
214
199
197
204
205
225
194
243
16
20
16
8
9
9
9
17
9
10
3
3
3
3
3
3
3
3
3
3
16
17
17
15
16
18
15
18
16
20
20
22
24
23
23
24
22
24
21
28
146
153
154
150
146
151
156
164
144
182
,322
,521
,288
.329
,308
,423
1,466
1,811
1,787
2,017
38
51
41
68
53
57
68
60
72
89
17
19
21
23
31
35
31
42
46
46
72
87
74
84
82
88
90
110
120
128
164
164
155
160
178
172
200
243
250
265
1,031
1,200
997
993
964
1,071
1,078
1,355
1,299
1,489
1941—June
December
242
271
23
11
4
4
17
18
40
38
110
113
260
261
1,516
1,829
1934—June
December
1935—June
623
792
705
869
74
95
67
84
45
47
43
46
118
161
170
201
2,004
27
171
78
2,326
34
204
85
All insured commercial banks
128
286
3,661
100
138
365
4,193
126
4,522
170
317
, 109
5,049
140
155
399
183
234
277
244
725
782
771
868
1,003
1,142
1,242
1,357
1,621
1,897
2,062
2,424
915
917
844
789
909
950
917
1,066
983
1,234
83
83
78
66
75
79
72
109
101
115
46
42
39
36
43
46
37
55
51
56
230
223
146
HO
233
256
248
269
258
302
145
146 .
157
143
151
154
148
175
160
214
410
422
423
403
407
414
412
458
414
547
5,265
5,587
4,495
4,744 •
5,391
5,663
6,141
7,317
7,538
8,202
156
188
149
192
177
173
187
198
203
224
240
238
206
238
281
314
318
380
353
434
941
947
743
770
960
987
,067
,231
,296
,368
1,397
1,368
1,061
1,167
1,506
1,495
1,731
1,991
2,131
2,220
2,531
2,846
2,335
2,377
2,467
2,694
2,838
3,518
3,555
3,956
1,242
1,358
164
108
56
57
293
319
203
245
526
629
8,297
8,572
220
236
363
411
,336
,276
2,274
2,075
4,104
4,574
1931— June
December
1982—June
December
1933— June
December
1934—June
December
1935—June
December
1936 —June
December
1937—June
D ecember
1938—June
December
1939—June
December
1940—June
December
'
.
1941—June 1
December l
1934—June
December
1935— June
December
_„
1936—June
December
1937— june
Deflfimber ,
1938—June
December
1939— June
December
1940—June
December
, ., ..
,
_
. ..
December
1936—June
December
1937_june
December
1938—June
December
1939— June
December
1940—June
December
1941—June1
December1
'
„.
_
,.
For footnotes see end of table, p. 41.
40
BANKING AND MONETARY STATISTICS
NO. 10-PRINCIPAL ASSETS AND LIABILITIES OF BANKS BY POPULATION OF PLACE IN WHICH LOCATED
JUNE AND DECEMBER: MEMBER BANKS, 1929-1941; INSURED BANKS, 1934-1941-Continued
[Call date figures. In millions of dollars]
Total deposits
Year and month
Total
New
York
City
Demand deposits (excluding interbank)
Other cities with
population of —
Chicago 500,000
and
over
100,000
to
500,000
Under
100,000
Total
New
York
City
Other cities with
population of —
Chicago 500,000
and
over
100,000
to
500,000
Under
100,000
All member banks
1929— June
35,866
December.. , . _ _ _ _ . , _ _ _
37,981
38,069
1930—June
December
.__..
. - - - - - 37,029
8,480
10,266
10,440
9,690
2,101
2,104
2,173
2,226
8,410
8,793
8,863
9,064
6,371
6,363
6,378
6,273
10,503
10,454
10,215
9,776
19,011
20,686
19,924
19,063
5,823
7,228
7,102
6,545
1,187
1,203
1,152
1,205
4,024
4,255
3,972
4,021
3,365
3,320
3,268
3,155
4,612
4,679
4,430
4,136
1931— June.. _ . , „
December
1932—June
December
1933— June
December 1934— June
December
1935— June
December
_ _ _ . 36,123
30,711
27,836
28,690
26,564
. 27,167
31,012
_ 33,848
34,938
_ . . 38,454
9,289
7,825
6,970
7,736
7,786
7,316
8,518
9,554
9,675
10,959
1,990
1,694
1,373
1,528
1,667
1,747
2,029
2,256
2,545
2,726
9,083
7,581
7,052
7,238
6,409
6,648
7,546
8,078
8,330
9,103
6,334
5,419
5,050
5,096
4,678
4,896
5,577
6,081
6,227
6,882
9,427
8,191
7,391
7,093
6,024
6,560
7,343
7,880
8,162
8,784
18,091
16,165
14,157
14,288
14,381
14,774
16,976
19,224
19,492
21,900
6,197
5,656
4,904
5,004
5,583
5,241
6,036
6,951
6,818
7,577
1,057
958
777
918
1,032
1,106
1,236
1,386
1,518
1,726
3,853
3,453
3,062
3,128
3,018
3,188
3,635
4,065
4,128
4,693
3,097
2,734
2,497
2,438
2,259
2,417
2,836
3,193
3,250
3,685
3,888
3,364
2,918
2,800
2,489
2,822
3,233
3,629
3,780
4,221
. . .
40,706
42,885
41,490
40,839
41,308
43,363
45,873
49,340
51,729
56,430
11,442
11,884
11,482
10,819
11 , 255
11,773
13,412
14,604
16,102
17,849
3,053
3,056
2,891
2,881
3,108
3,282
3,364
3,631
3,853
4,061
9,667
10,133
9,686
9,616
9,732
10,129
10,536
11,267
11,695
12,698
7,227
7,799
7,456
7,451
7,433
7,896
8,159
8,802
8,924
9,763
9,317
10,014
9,975
10,071
9,780
10,283
10,402
11,036
11,155
12,059
23,468
25,063
24,230
23,428
23,335
24,842
26,464
28,231
30,111
33,829
7,984
8,277
8,070
7,516
7,607
7,926
9,166
9,588
,10,809
12,308
1,898
1,920
1,806
1,788
1,846
2,038
1,994
2,118
2,254
2,404
5,013
5,463
5,203
5,053
4,985
5,318
5,535
5,981
6,300
7,079
3,947
4,301
4,157
4,099
4,080
4,411
4,581
4,901
5,058
5,642
4,625
5,101
4,993
4,971
4,727
5,149
-.
58,512
_ _ _ _ _ _ _ 61,717
18,039
18,053
4,329
4,461
13,269
13,981
10,161
11,111
12,712
14,111
35,725
38,846
12,616
12,992
2,666
2,802
7,545
8,282
5,984
6,661
6,914
8,108
4,821
5,165
5,380
5,691
186
193
189
217
39
48
55
62
655
610
631
642
683
691
733
693
3,258
3,623
3,772
4,077
2,037
2,307
2,374
2,649
111
116
110
133
16
19
20
23
183
168
164
190
2m
268
277
284
1,459
1,727
1,781
2,019
5,938
6,392
6,334
6,379
6,146
6,409
6,446
6,729
6,689
7,031
229
258
232
249
230
264
253
247
244
278
70
79
87
91
86
92
97
105
108
115
660
706
682
674
656
685
696
723
742
773
743
785
817
838
820
843
868
927
918
962
4,237
4,564
4,516
4,527
4,353
4,525
4,532
4,727
4,677
4,903
2,817
3,152
3,010
2,959
2,784
3,007
3,004
3,252
3,161
3,504
140
164
137
127
124
135
149
138
137
168
26
30
32
32
28
31
32
37
36
42
198
229
205
207
196
214
215
235
235
2G3
328
357
366
346
338
347
353
400
389
421
2,125
2,372
2,271
2,247
2,097
2,280
2,255
2,441
2,363
2,610
7,104
7,702
268
273
118
120
709
726
1,004
1,074
5,005
5,507
3,595
4,215
172
189
46
52
227
250
446
502
2,703
3,222
35,833 i 8,704
9,747
...... 39,013
9,864
40,318
44,145
11,176
2,068
2,304
2,600
2,788
8,201
8,688
8,961
9,746
6,260
6,772
6,960
7,575
10,600
11,503
11,934
12,861
19,013
21,531
21,866
24,550
6,147
7,067
6,928
7,709
1,252
1,405
1,538
1,749
3,818 I
4,233
4,292
4,882
3,105 ~69lf
3,470
S,35fi
5,560
3,548
6,240
3,969
46,644
49,277
47,824
47,217
47,454
49,772
52,319
56,069
58,418
.._, 63,461
11,671
12,142
11,714
11,068
11,486
12,037
13,664
14,851
16,346
18,127
3,123
3,135
2,978
2,972
3,194
3,374
3,461
3,737
3,960
4,176
10,327
10,839
10,368
10,290
10,388
10,814
11,232
11,990
12,437
13,471
7,969
8,584
8,273
8,289
8,253
8,739
9,027
9,729
9,842
10,725
13,554
14,578
14,490
14,598
14,133
14,807
14,935
15,762
15,832
16,962
26,285
28,215
27,240
26,387
26,119
27,849
29,468
31,483
33,272
37,333
8,124
8,441
8,206
7,644
7,821
8,061
9,315
9,726
10,946
12,476
1,924
1,950
1,838
1,820
1,874
2,069
2,025
2,155
2,290
2,445
5,211
5,692
5,408
5,260
5,181
5,533
5,750
6,216
6,535
7,342
4,275
4,658
4,523
4,445
4,418
4,758
4,934
5,301
5,447
6,063
6,751
7,473
7,265
7,218
6,824
7,429
7,444
8,085
8,054
9,007
65,616
_ _ _ _ . 69,419
18,308
18,327
4,448
4,582
13,978
14,707
11,165
12,185
17,717
19,619
39,320
43,061
12,788
13,182
2,713
2,854
7,772
8,532
6,430
7,163
9,617
11,330
__
-
-
_
_
1936— June., - ...-. . _ „
December
1937—June _
December
1938—June .
.
December
1939—June..
December
1940—June.,
.
December
1941— June 1
.
December ' _ _
..
_
•5, iso
5,643
5,691
6,397
Insured nonmember commercial banks
1934— June
December
1935—June
December
1936—June.. „.-._.
December
1937— June
December
1938— June
December...
1939™June
December.
1940— June
December ..
-
-
__.
_
..
-.-.
.
„ _
_.,
-
1941— June
December
.
All insured commercial banks
1934—June
December
1935— June
December^_93g — June
December
1937—-June..
December
1938— June
December
1 939— June
December
1940— June
December
...
_
.. _
__
1941 — June 1 .
December 1 ..,.,.
For footnote see opposite page.
41
ALL BANKS
NO. JO-PRINCIPAL ASSETS AND LIABILITIES OF BANKS BY POPULATION OF PLACE IN WHICH LOCATED,
JUNE AND DECEMBER: MEMBER BANKS, 1929-1941; INSURED BANKS, 1934-1941-Continued
[Call date figures. In millions of dollars]
Time deposits (excluding interbank)
Year and month
Total
New
York
City
Interbank deposits
Other cities with
population of—
Chicago 500,000 100,000
and
to
500,000
over
Under
100,000
All member banks
3,687
5,567
5,399
4,310
5,450
4,669
5,295
4,765
1929—June
December
1930—June
December
13,168
12,984
13.476
13,201
1,178
1,201
1,368
1,111
559
534
588
585
3,558
3,614
3,735
3,905
2,306
2,236
2,335
2,306
1931— June
13,247
11,227
10,560
10,462
8,891
9,036
9,681
9,767
10,053
10,259
1,167
825
810
945
797
755
746
670
621
630
527
417
343
315
373
369
398
422
520
474
3,984
3,350
3,179
3,142
2,573
2,645
2,859
2,894
2,952
3,062
2,378
2,062
1,968
1,981
1,809
1,760
1,846
1,857
1,901
1,930
5,190
4,573
4,259
4,079
3,339
3,507
3,832
3,924
4,059
4,163
1936—June
December.
l«37—June
December
1938— June
December
1939— June
December
1940—June
December
10,629
__ 10,830
11,210
_ 11,382
11,411
11,369
11,564
11,699
11,928
12,178
633
715
810
771
752
716
729
776
800
860
514
531
541
558
567
575
611
624
642
652
3,206
3,128
3,194
3,260
3,315
3,297
3,312
3,336
3,361
3,429
1,966
2,006
2,058
2,084
2,080
2,069
2,107
2,113
2,155
2,174
4,310
4,449
4,607
4,709
4,697
4,711
4,805
4,850
4,970
5,064
1941— June1. . 1
December .
12,350
_ 12,347
849
851
644
622
1934—June
December
1935—June
Dece mber
2,704
2,764
2,918
2,943
61
58
62
64
24
29
35
39
1936—June
December
1937— June
December
193g_june
December
1939—June
December
1940—June
December
3,022
3.133
3,228
3,320
3,274
3,300
3,345
3,365
3,423
3,411
68
73
75
104
90
111
87
91
84
88
43
49
55
59
58
61
65
69
71
73
444
460
463
454
448
457
468
474
493
496
3,400
3,358
78
67
72
69
469
462
12,385
12,531
12,971
13,201
421
807
728 ' 451
555
684
694
513
13,651
13,963
14,438
14,702
14,685
14,669
14,909
15,063
15,351
15,589
701
788
885
875
842
828
815
866
884
948
557
580
596
617
625
636
675
692
713
725
1932— June
1933—June
December
1934—June
1935— June
Dfinpmbfii"
1941^-June
December
1934— June
December
1935—June
December
1936-^june
December
1937— june
December
1938—June
December
1939—June
December
1940—June . 1
December .
_
_ __
.
„
..
Total
New
York
City
Other cities with
population of—
Chicago 500.000 100,000
and
to
over
500,000
1,479
1,836
1,969
2,033
355
367
433
436
828
924
1,157
1,138
4,785
3,320
3,119
3,940
3,292
3,357
4,355
4,857
5,393
6,295
1,925
1,345
1,257
1,787
1,407
1,320
1,736
1,932
2,236
2,752
406
319
252
295
262
272
395
448
507
526
1,246
779
811
968
818
815
1,052
1,119
1,250
1,350
6,608
6,993
6,051
6,028
6,563
7,153
7,846
9,410
9,690
10,423
2,824
2,892
2,603
2,532
2,806
3,131
3,517
4,241
4,493
4,680
641
604
543
535
695
669
760
890
957
1,006
4,574
3,495
1,019
2,180
5,182 10,436
2,157
3,491
1,037
5,225 10,525
4,210
Insured nonmember commercial banks
14
1,764
80
453
403
1,850
93
427
19
400
17
420
1,950
451
89
395
2,010
435
20
99
Under
100,000
700
807
776
812
324
376
335
345
859
623
585
677
610
719
895
1,031
1,076
1,267
349
254
214
214
196
232
278
327
324
400
1,448
1,542
1,289
1,302
1,432
1,514
1,689
1,950
2,035
2, ISO
1,314
1,491
1,241
1,269
1,273
1,417
1,472
1,788
1,711
1,947
382
464
374
391
356
422
408
542
494
599
2,229
2,208
1,997
2,292
616
778
18
15
16
17
12
13
14
13
35
46
41
48
22
21
20
18
16
17
17
19
22
23
19
16
14
13
12
13
13
13
14
14
13
15
14
17
15
17
15
20
18
21
46
55
48
51
44
53
51
60
50
59
13
14
21
25
58
72
3,312
3,321
3,403
3,497
2,244
110
18
2,213
17
129
All insured commercial banks
2,249
4,435
5,596
1,750
4,950
1,951
5,775
2,257
2,252
6,009
2,321
5,481
6,394
2,772
b,172
2,325
395
448
508
526
1,070
1,134
1,266
1,367
907
1,044
1,090
1,280
313
373
365
449
3,650
3,589
3,657
3,714
3,762
3,754
3,780
3,810
3,854
3,924
2,367
2,420
2,495
2,558
2,546
2,548
2,607
2,619
2,665
2,694
641
605
543
535
696
669
760
890
957
1,006
,467
,558
,303
,316
,445
1,527
1,702
1,963
2,048
2,205
1,327
1,506
1,255
1,286
1,288
1,434
1,487
1,808
1,730
1,968
428
518
422
442
400
475
459
602
544
658
401
414
437
474
467
479
500
506
510
520
2,065
2,138
2,197
2,228
2,212
2,192
2,226
2,226
2,264
2,234
100
107
96
100
88
101
97
113
104
116
537
548
6,375
6,587
6,804
6,938
6,909
6,903
7,032
7,076
7,234
7,298
6,708
7,100
6,146
6,128
6,651
7,254
7,943
9,523
9,795
10,539
2,845
2,913
2,623
2,549
2,822
3,148
3,535
4,260
4,516
4,703
,
927
716
15,750
4,592
2,717
7,426 10,545
3,964
2,018
1941— June1
674
2,242
1,019
690
3,953
2,705
918
December1
_. 15,705
2,317
4,227
7,438 10,654
2,222
1,037
850
1
Includes three small mutual sayings banks which during 1941 became members of the Federal Reserve System. Such banks are not "commercial" banks. They are customarily excluded from figures for insured commercial banks; e.g., see Tables 39-45 and 47 of Section 3 of this book.
1
Prior to December 31,1935, excludes balances with private banks to the extent that they were then reported in "other assets." Since October
25, 1933, includes time balances with domestic banks, which on that date amounted to 69 million dollars and which prior to that time were
reported in "other assets."
BANKING AND MONETARY STATISTICS
42
NO. 11-DEPOSITS OF MEMBER BANKS IN LARGER AND SMALLER PLAGES, MONTHLY, 1936-1941
[Monthly averages of daily figures. In millions of dollars]
Gross demand deposits
Year and month
Total
New York
City and
Chicago1
Time deposits
Other places with population of—
Total
15,000 and over
Under 15,000
New York
City and
Chicago^
Other places with population of—
15,000 and over
27,312
11,938
13,185
2,189
10,412
1,029
12,163
13,271
27,636
2,202
10,400
1,007
12,081
27,459
13,167
2,212
10,474
1,015
12,039
27,620
13,351
1,049
2,231
10,545
12,356
28,136
13,539
1,100
2,242
10,675
28,714
13,769
12,677
1,094
2,268
10,694
12,794
29,714
14,525
1,049
2,394
10,743
12,578
29,396
14,390
1,077
10,815
2,429
12,790
29,844
14,576
1,083
2,478
10,840
12,916
30,457
15,008
2,533
10,910
1,116
30,843
15,214
13,063
1,082
2,566
10,894
15.455
13,240
10,882
1,132
31,273
2,577
13,053
15,430
31,068
2,586
10,975
1,124
15,187
12,929
30,698
11,089
1,168
2,581
-.
12,779
30,285
14,935
11,169
1,224
2,571
29,922
14,887
12,469
11,163
1,186
2,566
14,664
12,289
2,547
11,224
1,204
29,501
12,310
29,452
14,601
2,541
11,299
1,246
12,138
J u ly
29,366
14,660
11,369
1,279
2,568
14,565
11,866
29,028
11,403
1,252
2,597
August
12,032
14,536
29,180
2,612
11,538
1,261
September
11,952
14,616
29,179
1,276
2,611
October
11,569
14,462
11,677
28,717
2,578
11,555
1,295
November
11,763
28,720
14,415
2,542
11,441
1,216
December
11,879
14,411
28,811
2,522
11,503
1,202
1938— January
14,304
11,818
1,222
28,626
2,504
11,548
February
14,167
11,833
28,465
2,465
11,555
1,218
March
14,167
11,866
28,466
2,434
11,520
1,208
April
14,323
12,113
28,856
2,421
11,502
1,184
May
12,521
14,387
29,311
2,403
11,521
1,196
June '
July
14,526
12,506
29,457
2,424
11,469
1,187
12,424
14,528
29,398
2,447
11,491
'1,188
August
12,910
14,743
30,149
2,495
11,496
1,206
September
13,332
15,156
31,037
2,548
11,445 :
1,166
October
13,384
15,421
31,403
2,598
11,430
1,153
November
13,712
15,541
11,402 :
1,152
31,856
2,603
December
13,650
2,621
11,494 j
1,162
31,977
15,707
1939 — January .
13,623
15,589
11,525
1,166
31,820
2,609
February
15,572
32,033
2,604
13,857
11,586
1,170
March
15,774
14,260
11,622
1,182
32,645
2,611
April
.-..
15,904
14,548
1,182
33,047
2,594
11,666
May
16,134
14,755
1,182
33,495
2,607
11,668
June
16,403
15,103
1,202
34,135
2,629
11,690
July
16,553
2,658
15,458
34,668
11,724
1,220
August
2,737
16,101
16,981
1,224
35,820
11,706
September
36,732
17,520
2,792
16,420
11,735
1,239
October
16,598
37,243
17,818
2,827
11,754
1,249
November
- 16,705
37,466
17,925
11,750
1,239
2,836
December
16,792
17,943
1,234
37,585
2,850
11,835
1 940 '—-January
17,949
17,039
1,227
37,856
2,868
11,869
February
18,023
2,871
17,270
38,164
11.970
1,269
March
17,532
18,158
2,871
11.987
1,263
38,560
April
18,447
2,866
17,867
1,247
39,181
11,999
May
18,558
18,224
12,016
1,263
39,648
2,865
June
18,637
18,445
2,873
1,279
39,955
12,045
July
18,678
18,271
2,909
12,086
1,300
39,857
August
18,434
19,085
2,987
12,123
1,317
40,506
September
18,777
19,653
1,311
41,497
3,066
12,145
October
20,123
3,133
19,101
42,356
12,193
1,311
November
19,453
20,276
12,204
1,314
42,885
3,156
December
16,792
1,234
18,129
2,664
11,835
37,585
1940* —January
17,039
1,227
18,138
2,678
11.869
37,856
February
18,216
17,270
11,970
1,269
38,164
2,678
March
17,532
1,263
18,351
2,678
11,987
38,560
April
....
1,247
18,638
17,867
11,999
39,181
2,675
18,224
1,263
18,745
2,678
12,016
39,648
June
18,445
July
18,819
12,045
1,279
39,955
2,691
18,271
1,300
18,858
2,728
12,086
39,857
August
19,265
2,807
18,434
12,123
1,317
40,506
September
18.777
1,311
41,497
19,840
2,880
12,145
October
20,313
2,943
19,101
12,193
1,311
42,356
November
19,453
12.204
1,314
20,470
2,962
42,885
December
19,742
12,331
1,330
20,725
43,459
2,991
1941
January
- 20,963
3,026
12,378
1,349
43,827
19,838
21,134
20,195
1,341
44,364
3,034
12,396
March
21,584
3,072
20,083
12,453
1,335
44,739
April
20,371
1,313
21,898
3,115
12,466
45,385
May
22,101
3,152
20,399
12,448
45,652
1,303
1,328
46,157
22,461
3,240
20,456
12,474
July
22,825
3,322
20,283
12,513
46,430
1,339
August
23,415
3,465
20,419
12,545
1,336
47,299
September
....
23,866
20,371
1,339
47,811
3.573
12,593
October
20,007
24,035
3,674
12,633
1,343
47,715
November
24,405
20,260
3.746 ,
12,493
1,311
48,411
December
i Central reserve city member banks only.
' The first series for the year 1940 is based on the 1930 census of population and the second on the 1940 census.
1936— January
February
March
April
Mav
June
July
August
Be pte rub e r
October
November
December
1937-— January
February
March
April
Mav
7,186
7,190
7,250
7,280
7,355
7,368
7,434
7,457
7,467
7,492
7,498
7,437
7,508
7,564
7,580
7,601
7,637
7,662
7,683
7,727
7,824
7,832
7,801
7,780
7,842
7,864
7,878
7,862
7,872
7,880
7,834
7,851
7,838
7,827
7,819
7,803
7,861
7,884
7,931
7,945
7,997
7,988
7,983
7,992
7,968
7,976
7,981
7,996
8,062
8,086
8,137
8,152
8,173
8,170
8,175
8,187
8,199
8,220
8,260
8,276
8,162
8,187
8,238
8,254
8,275
8,272
8,277
8,286
8,294
8,314
8,352
8,368
8,453
8,462
8,483
8,534
8,552
8,545
8,535
8,550
8,571
8,597
8,624
8,541
Under 15,000
1
!
i
!
2,197
2,204
2,210
2,216
2,220
2,232
2,260
2,281
2,290
2,302
2,314
2,313
2,342
2,356
2,365
2,376
2,383
2,391
2,407
2,424
2,453
2,462
2,456
2,444
2,459
2,461
2,459
2,450
2,445
2,445
2,447
2,452
2,452
2,452
3,458
2,447
2,471
2,474
2,484
2,495
2,487
2,498
2,506
2,512
2,515
2,520
2,525
2,515
2,539
2,556
2,565
2,573
2,579
2,583
2,591
2,599
2,606
2,614
2.622
2.614
2,439
2.455
2,463
2,470
2,477
2,480
2,489
2,500
2,511
2,520
2,530
2,523
2,548
2,567
2,572
2,584
2,601
2,600
2,611
2,624
2,638
2,650
2,606
2,641
ALL BANKS
43
NO. 12-NUMBER OF COMMERCIAL BANKS, BY POPULATION OF PLACE IN WHICH LOCATED
AND BY AMOUNT OF DEPOSITS, BY CLASS OF BANK, JUNE 30,1941'
Banks with deposits of —
Class of bank and population group
Total
number $100,000 $100,000 $250,000 $500,000 $1,000,000 $2.000,000 $5,000,000 $10,000,000 More than None,
to
to
to
to
to
to
or leas
$50,000,000 or not
$250,000 $500,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 $50,000,000
available
14,304
758
1,655
2,400
3,036
1,799
1,472
1,232
560
1,392
456
169
137
91
24
2
7
5
4
17
2,214
378
806
692
273
33
6
9
5
12
3,183
161
554
1,042
1,054
242
67
23
8
32
3,160
41
138
485
1,254
730
322
93
26
71
2,340
5
17
81
384
624
674
335
64
156
1,675
1
2
8
45
157
363
606
219
274
571
465
1
5
28
131
161
245
2
4
26
60
373
National banks
Less than 250 population
250 to 500 _ - 500 to 1,000
1,000 to 2, 500
2 500 to 5,000
5,000 to 10,000 10 000 to 25,000
25,000 to 50,000 .
50 000 and over
5,130
48
237
574
1,127
862
753
696
293
540
15
3
4
6
2
266
16
91
108
46
4
1
799
16
90
252
347
74
15
3
1,209
10
46
162.
500
333
124
27
4
3
1,197
2
5
41
205
349
383
174
19
19
942
344
269
1
5
27
99
212
382
126
80
2
18
84
105
135
State member banks3
Less than 250 population
250 to 500
500 to 1 000
1,000 to 2,500
2 500 to 5 000
5 000 to 10,000
10 000 to 25 000
25,000 to 50,000
50 000 and over
1,423
18
81
164
293
192
164
148
87
276
*
1
2
1
74
5
25
28
13
3
226
7
40
80
77
19
3
330
4
12
45
155
78
30
4
1
1
260
1
2
9
44
75
74
41
6
8
234
1
4
16
53
72
34
54
Insured nonmember commercial
banks
Less than 250 population
250 to 500
500 to 1 000
1 000 to 2 500
2 500 to 5 000
5,000 to 10,000
10 000 to 25 000
25 000 to 50 000
50 000 and over
6,869
535
1,152
1,499
1,516
701
521
360
154
431
250
93
85
55
12
2,014
125
398
659
603
142
44
16
8
19
1,523
26
75
257
570
306
160
59
17
53
847
2
9
31
130
191
211
117
38
118
882
157
185
163
100
44
34
28
26
145
187
72
46
29
10
2
6
3
2
17
144
13
26
51
27
7
5
4
98
1
5
21
29
13
8
3
4
14
36
All commercial banks
Less than 250 population
230 to 500
500 to 1,000
1,000 to 2,500
.
2,500 to 5,000
5 000 to 10,000
10,000 to 25,000
25 000 to 50,000
50,000 and over
Noninaured commercial banks
Less than 250 population
250 to 500
500 to 1 000
1 000 to 2 500
2 500 to 5 000
5 000 to 10 000
10 000 to 25 000
25 000 to 50 000
50 000 and over
1
_
2
1
2
2
1,595
288
584
495
190
23
4
6
2
3
279
69
.106
61
24
3
1
3
3
9.
11
154
1
153
87
1
2
16
39
213
86
2
115
119
57
4
1
3
26
28
57
1
5
18
95
57
4
465
1
1
2
10
37
91
138
57
128
101
65
6
3
1
1
7
18
27
47
1
3
4
3
54
6
3
34
11
12
4
4
5
7
4
2
12
3
1
6
77
2
1
1
1
4
1
4
13
50
1
1
5
9
6
3
1
11
86
2
1
1
1
4
1
4
13
59
1
1
11
4
This table and Table 13 are based on figures compiled by the Federal Deposit Insurance Corporation, However, the Corporation's figures
covering noninsured banks have been adjusted (1) to exclude 120 banks in the United States—principally private banks not reporting to State
banking authorities and 34 banks in United States possessions—and (2) to include 109 banks—principally trust companies without deposits—
which are customarily included in the Board's figures.
2
Excludes the three small mutual savings banks which are members of the Federal Reserve System—one in Indiana and two in Wisconsin.
BANKING AND MONETARY STATISTICS
44
NO. 13-NUMBER AND DEPOSITS OF COMMERCIAL BANKS, BY AMOUNT
NUMBER
Banks with deposits of—
State and class of bank
United States
AH commercial banks.
National
State member1 .
Insured nonmember....
Noninsured
Alabama
AH commercial banks-
National
State member
Insured nonmember....
Noninsured
Arizona
AH commercial banks.
National
State member
Insured nonmember
Noninsured
Arkansas
AH commercial banks.
National
State member
Insured nonmember
Noninsured
California
All commercial banks.
National
State member
Insured nonmember.
Noninsured
Colorado
AH commercial banks.
National
State member
Insured nonmember.. ._
Noninsured
Connecticut
All commercial banks.
National
State member
Insured nonmember
Noninsured ,
,.
Delaware
All commercial banks.
National
State member
Insured nonmember
Noninsured
District of Columbia
All commercial banks.
National
State member
Insured nonmember
Noninsured
Florida
AH commercial banks.
National
State member
Insured nonmember. ,..
Noninsured
Georgia
AH commercial banks.
National
State member
Insured nonmember.,..
Noninsured
Idaho
All commercial banks.
National
State member
Insured nonmember
Noninsured
Total
number
$100,000 $100,000
or less
to
$250,000
$500,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 More than None,
$50,000,000 or not
to
to
to
to
to
available
$1,000,000 $2,000,000 $5,000,000 $10,000,000 $50,000,000
14,304
5,130
1,423
6,869
882
456
15
4
250
187
2,214
266
74
1,595
279
3,183
799
226
2,014
144
3,160
1,209
330
1,523
98
2,340
1,197
260
847
36
1,675
942
234
465
34
571
344
115
101
11
465
269
119
65
12
154
87
57
6
4
217
65
17
127
8
10
1
1
6
2
49
4
1
40
4
60
10
6
44
49
14
4
29
2
22
14
1
7
17
13
3
1
5
5
4
3
1
1
,1
2
1
4
1
1
1
3
1
3
2
1
44
16
4
24
26
11
4
11
6
5
4
4
51
25
2
24
43
22
3
16
1
41
21
2
18
12
5
2
2
3
16
6
4
5
1
12
7
3
2
2
1
1
7
6
1
1
1
10
4
16
9
2
4
1
3
1
1
7
1
7
4
1
2
1
1
1
6
5
3
1
1
3
3
1
13
5
2
5
1
1
1
18
60
2
51
8
15
3
55
3
42
1
227
96
17
83
31
1
5
1
23
9
1
3
1
12
2
144
78
15
44
7
8
33
15
2
15
1
34
21
3
9
1
26
19
6
1
13
9
5
3
21
6
2
11
2
130
52
7
41
30
2
4
13
6
19
9
2
2
2
1
6
12
6
1
2
3
44
17
3
18
6
43
15
4
23
1
1
3
8
3
13
7
4
1
5
6
3
216
50
9
148
9
1
2
1
1
5
4
1
86
2
4
3
77
2
2
9
1
3
5
1
9
4
1
4
2
2
3
1
5
1
2
1
4
40
7
1
30
2
31
12
1
17
1
30
17
1
12
7
4
2
1
6
6
22
9
6
7
173
52
5
107
9
3
17
1
33
2
1
1
15
1
31
286
51
18
200
17
32
66
57
8
56
• 13
4
38
1
28
7
2
18
1
19
12
2
5
5
2
2
1
3
1
2
20
2
83
14
5
61
3
50
19
9
21
1
2
10
1
1
8
10
2
3
5
16
8
4
4
2
1
7
4
1
1
1
1
1
92
9
5
76
2
204
53
13
135
3
203
83
27
90
3
128
66
16
46
102
66
13
20
3
43
29
5
9
39
27
7
5
24
1
23
4
3
2
Illinois
834
AH commercial banks.
339
National
89
State member
.
391
Insured nonmember. ...
15
Noninsured
_,_.._
For footnotes see end of table, p. 50.
$250,000
to
$500,000
2
13
10
3
1
4
3
2
2
2
7
5
2
3
1
1
1
ALL BANKS
45
Of DEPOSITS AND BY CLASS OF BANK, BY STATES, JUNE 30,194V
TOTAL DEPOSITS
[In thousands of dollars]
Banks with deposits of—
State and class of bank
Total
deposits
United States
All commercial banks.
National
State member 2
Insured nonmember
Noninsured
67,474,999
37,273,221
21,230,552
7,104,060
1,867,166
Alabama
All commercial banksNational
State member
Insured nonmember
Noninsured
403,000
285,121
60,895
53,927
2,147
Arizona
All commercial banks,
National
State member
Insured nonmember
Noninsured
103,034
72,155
12,121
18,758
Arkansas
All commercial banks.
National
State member
Insured nonmember
Noninsured
227,181
132,448
32,486
61,358
889
1,W*
10,520
449
18,670
3,091
948
151
9,639
432
15,273
306
California
All commercial banksNational
State member
Insured nonmember
Noninsured
4,843,593
3,404,509
917,823
483,046
38,215
94
1,030
200
8,844
3,475
94
622
208
4,702
667
Colorado
All commercial banks.
National
State member
Insured nonmember
Noninsured -
370,431
306,579
37,775
. 24,521
1,556
601
378
223
3,874
1,239
395
1,914
326
Connecticut
All commercial banks.
National
State member. . _
Insured nonmember
Noninsured
780,259
387,708
104,294
179,051
109,206
86
Delaware
All commercial banksNational , State member
_ _
Insured nonmember
Noninsured- .
229,557
20,283
149,891
59,164
219
District of Columbia
All commercial banks.
National
State member
Insured nonmember
Noninsured
450,704
271,836
149,203
29,665
Florida
All commercial banks.
National
State member
Insured nonmember
Noninsured.
544,361
420,492
18,709
101,981
3,179
Georgia
All commercial banks.
National
_.
State member
Insured nonmember
Noninsured
Idaho
All commercial banks.
National
State member
Insured nonmember
Noninsiired, ,
Illinois
All commercial banks.
National
_
State member
Insured nonmember
Noninsured
_,,
$100,000 $100,000 $250,000 ?500,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 More than None,
to
to
to
to
or less
to
$50,000,000 or not
to
to
$250,000 $500,000 $1,000,000 $2,000,000 $5,000,000 $10.000,000 $50,000,000
available
1
32,193 392,006 1,167,783 2,259,227 3,298,656 5,140,872 3,962,919 9,605,349 41,615,994
886,734 1,691,305 2,924,280 2,405,060 5,558,521 23,451,472
304,280
1,159 50,410
86,224
238,878
372,114
817,835 2,459,571 16,500,970
740,131
299 14.530
726,266 1,064,817 1,187,786 1,376,686
18,956 282,792
660,657 1,264,054
522,046
79,367
323,203 1,141,506
68,798
47,451
99,775
51,013
11,779 44,274
21,864
3,671
2,307
15,886
33,974
10,625
3,176
18,916
1,257
30,291
19,808
1,363
9,120
53,532
42,655
8,207
2,670
33,135
33,135
136,266
90,702
45,564
362
982
982
2,293
1,233
15,522
3,009
5,185
1,060
12,513
5,185
78,690
66,931
11,759
31,469
11,262
3,045
17,162
36,550
15,269
5,807
15,474
16,199
13,337
28,908
28,908
83,766
60,132
23,634
37,892
19,107
1,882
16,903
58,961
30,902
5,613
21,116
1,330
126,383
66,618
6,720
53,045
74,110
31,627
11,759
12,785
17,939
335,215
125,441
89,858
101,845
18,071
4,201,064
3,127,139
801,991
271,934
13,258
5,967
899
4,999
393
22,818
14,440
1,712
6,052
614
38,182
27,762
8,592
1,828
33,835
24,485
11,594
5,892
5,702
176,459
155,984
20,475
70,810
70,810
779
4,818
2,189-
28,143
12,994
372
407
354
2,275
141,654
61,641
10,291
54,297
15,425
72,164
25,707
293,136
173,749
35,559
71,916
11,912
230,662
106,428
57,938
86
8,817
5,000
506
1,137
2,174
79
535
2,962
1,170
10,037
5,243
6,551
1,879
72,413
110,646
1,792
4,794
4,672
34,953
37,460 '
110,646
665
67
79
482
37
8,663
758
199
6,853
853
362
79
316
219
13,811
1,338
2,862
9,350
37,164
9,293
26,334
11,991
4,292
10,051
83,700
83,700
66,296
208,556
118,471
90,085
204,193
145,075
59,118
56,200
35,220
14,170
6,810
138,951
138,951
172,423
172,423
277,760
277,760
2,619
5,621
2,720
29,715
5,570
2,619
2,901
24,145
28,378
4,815
640
21,593
1,330
45,374 ' 87,841
49,905
18,040
2,061
1,838
23,841
35,875
1,655
171
3,112
23S
11,911
899
95
76
2,755
118
11,012
603,485
398,975
92,726
107,392
4,392
1,649
11,890
1,410
239
198
10,212
1,480
29,085
5,252
1,958
20, 947
928
40,198
9,528
3,098
26.841
731
39,774
9,095
2,959
26,706
1,014
57,903
35,628
6,498
15,777
38,795
16,986
16,310
5,499
106,431
44,726
61,705
112,701
90,790
7,405
11,861
2,645
167
1,897
242
189
1,466
3,498
711
983
1,804
11,546
6,073
2,718
2,755
3,572
1,695
24,339
14,387
3,515
3,792
2,645
5,391
5,391
62,291
62,291
5,639,788
4,234,433
990,036
401,837
13,479
925
17,629
1,670
974
14,703
282
75,889
20,646
5,266
48,978
999
148,248
63,543
19,942
62,478
2,285
177,768
93,563
22,762
61,443
328,654
212,423
43,601
62,952
9,678
302,743
205,897
36,834
60,012
658,358
447,546
120,231
90,581
167
690
235
1,877
3,929,574
3,189,145
740,429
BANKING AND MONETARY STATISTICS
NO. 13-NUMBER AND DEPOSITS OF COMMERCIAL BANKS, BY AMOUNT
NUMBER
Banks with deposits of —
State and class of bank
Total
number
$100,000 $100,000 $250,000 $500,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 More than None,
to
to
to
to
to
to
or less
$50,000,000 or not
$250,000 $500,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 $50,000,000
available
Indiana
All commercial banksNational
State member *
Insured nonmember
Noninsured
602
124
•69
282
27
Iowa
All commercial banks
National
State member .
Insured nonmember
Noninsured
_ „
644
103
47
434
60
5
Kansas
All commercial banksNational ...
State member
Insured nonmember
Noninsured
660
181
26
244
209
66
Kentucky
All commercial banks.
National
State member
i
Insured nonmember
Noninsured
405
95
18
259
33
16
Louisiana
All commercial banks.
National
State member
_ _
Insured nonmember
Noninsured
146
29
8
108
1
Maine
All commercial banks.
National
State member
Insured nonmember
NoTiipsurfid „ . . ^
67
36
5
17
9
Maryland
All commercial banks.
National
State member
Insured nonmember
Noninsured
Massachusetts
All commercial banks.
National
State member
Insured nonmember
Noninaured
5
66
4
8
42
12
145
21
13
106
5
112
26
19
63
4
81
32
13
34
2
60
18
12
29
1
16
12
1
3
16
10
3
3
66
1
2
49
14
213
16
7
168
22
194
33
14
134
13
106
34
11
57
4
40
8
8
21
3
14
7
3
4
6
4
2
227
32
1
97
97
175
53
10
72
40
96
41
7
31
17
59
26
5
21
.7
27
20
2
5
4
3
1
5
5
106
3
1
90
12
94
17
2
71
4
90
26
3
58
3
54
28
4
21
1
28
14
4
9
1
5
3
2
6
2
2
2
2
2
2
13
1
27
26
1
14
6
3
5
8
5
2
1
3
3
12
40
9
2
29
3
1
2
36
4
1
31
22
13
3
4
2
8
4
22
10
2
10
10
8
1
1
2
3
1
4
18
48
8
8
1
4
2
10
4
17
10
1
2
4
2
6
1
18
30
5
1
24
49
19
1
29
34
18
175
63
11
98
3
1
196
124
29
37
6
1
1
3
27
, . .,
442
78
143
200
21
2
1
5
21
1
Minnesota
All commercial banks.
National
State member .,
Insured nonmember
Noninsurad
676
186
21
437
32
10
Mississippi
All commercial banks.
National
State member
Insured nonmember
Noninsured
207
24
2
174
7
Missouri
AH commercial banks.
National ._
•
State member
Insured nonmember
Noninsured
Michigan
All commercial banks.
National
State member
Insured nonmember
NoninRlirad
,.
Montana
All commercial banks.
1
16
7
6
1
23
19
40
32
3
8
1
4
4
5
3
2
3
1
6
1
3
2
1
1
----
....
5
2
2
1
62
35
7
18
2
29
17
7
5
26
9
12
3
2
5
4
1
6
3
3
13
1
8
24
77
4
123
15
50
54
4
77
18
28
28
3
57
20
22
13
2
19
8
5
5
1
14
6
6
2id
40
8
168
3
183
63
6
112
2
73
42
2
26
3
29
23
3
2
1
10
8
1
1
4
4
5
5
143
3
1
123
16
11
39
50
53
4
28
7
IS
9
6
3
10
1
39
1
46
3
46
3
21
9
3
618
84
68
426
40
43
1
183
11
1
42
2
1
2
1
I
2
1
1
25
State membtsr
44
Insured nonmember
Noninsured.
For footnotes see end of table, p.<50.
1
17
2
1
1
32
10
1
2
154
20
138
12
8
114
.4.
107
17
15
74
1
65
14
14
37
40
13
16
11
15
3
4
8
31
10
4
17
35
11
10
14
10
5
1
4
12
8
4
•
3
3
2
3
3
2
2
18
11
7
12
6
3
3
2
1
1
4
3
1
6
3
3
6
1
5
ALL BANKS
47
OF DEPOSITS AND BY CLASS OF BANK, BY STATES, JUNE 30,1941M)ontinued
TOTAL DEPOSITS
[In thousands of dollars]
Banks with deposits of—
State and class of bank.
Indiana
All commercial banks.
National
State member '
Insured nonmember
Iowa
All commercial banksNational
Insured nonmember
Kansas
All commercial banks.
National
Insured nonmember
Kentucky
All commercial banksNational
State member
Insured nonmember
Louisiana
All commercial banks.
National
State member
Insured nonmember
Maine
All commercial banksNational
Insured nonmember
Maryland
All commercial banksNational
State member
. Insured nonmember
Noninsured
Massachusetts
All commercial banks.
National
State member
Insured nonmember
Michigan
All commercial banksNational
State member
Noninsurcd
Minnesota
All commercial banks.
National
State member
Noninsured
Mississippi
All commercial banks.
National
Insured nonmember
Noninsurpd
Missouri
All commercial banks
National
State member
Noninsured
Montana
All commercial banks
National
State member
Insured nonmember
Noninsured
Total
deposits
S100.000 $250,000
100,000 |
to
to
or less
1250,000 $500,000
1,077,345
592,846
161,685
311,638
11,176
321
771,393
288,242
126,613
323,408
33,130
406
462,910
276,298
26,850
107,592
52,200
170
151
76
330
4,476
1,424
3,052
13,028
766
1,651
7,673
1,938
52,678
8,289
4,531
38,398
1,460
81,968
20,481
13,562
45,443
2,482
116,603
45,352
18,517
50,364
2,370
179,867
53,995
34,951
88,146
2,775
107,128
78,665
6,300
22,163
372,294
230,840
82,173
59,281
12,638
235
363
9,382
2,658
79,345
6,233
2,840
62,515
7,757
135,951
25,104
9,992
91,954
8,901
144,244
47,740
14,348
77,347
4,809
116,800
25,471
24,702
57,952
8,675,
98,174
55,695
18,297
24,182
183,835
127,764
56,071
38,696
5,894
171
17,473
15,158
62,353
19,701
3,705
25,427
13,520
66,576
28,786
4,800
21,385
11,605
82,188
36,830
7,525
28,968
8,865
75,622
57,695
5,012
12,915
. 28,280
22,643
5,637
104,749
104,749
17,557
610
212
15,000
1,735
35,177
6,831
711
25,947
1,688
64,554
19,247
2,331
41,082
1,894
73,347
36,276
5,639
30,233
1,199
76,888
38,266
12,788
22,368
3,466
32,391
19,402
12,989
113,758
42,796
42,400
28,562
132,434
132.434
10,038
25,081
3,206
756
21,119
53,845
11,119
2,686
40,040
43,260
16,933
12,661
12,666
18,978
6,222
158,398
94,336
46,406
17,656
292,412
292,412
62,663
36,159
10,741
10,586
5,176
63,583
35,413
69,239
34,194
5,423
29,612
68,847
55,478
7,295
6,074
547,300
295,862
77,070
163,818
10,550
1,194
603,441
424,451
62,509
116,113
368
145
3,284
223
145
2,061
626
568
$500,000 $1,000,000 $2,000,000 $5,000,000 510,000,000 More than None,
to
to
to
$50,000,000 or not
to
$1,000,000 $2,000,000 $5,000,000 1510,000,000 P50,000,000
available
.
9,670
368
198
1,607
822
7,404
3,412
24,166
13,221
198
231,348
132,077
39,419
40,746
19,106
785
2,603
1,389
9,158
1,787
3,576
35,260
13,795
684
20,781
51,370
26,525
203
3,373
11,859
2,038
321
9,500
162
162
2,961
2,586
17,326
14,182
828
2,316
56,786
46,968
85,813
11,344
35,398
36,095
2,976
844,071
441,106
181,142
144,738
77,085
84
3,379,370
1,737,164
431,181
139,850
71,175
90
90
2,084,423
1,195,446
650,462
178,426
60,089
353
5,569
189
64
""997"
4,268
304
42,394
3,247
9,171
28,447
1,529
1,056,312
817,938
23,056
204,288
11,030
787
448
339
25,488
589
243
22,305
2,351
80.367
16,240
3,163
59,983
981
323,977
76,349
16,530
127,642
3,456
820
6,773
749
71
1,779.307
805,642
718,601
249,177
5,887
3,343
96
157,201
87,293
47,587
22,321
143
61
84
81
18,399
9,771
71,728
43,050
28,678
142,863
15,762
50,100
77,001
1
460,983
293,314
117,116
50,553
195,105
109,523
24,537
53,808
7,237
204,264
125,418
45,735
33,111
536,630
180,724
251,536
40,797
63,563
1,366,056
1,257,511
108,545
108,136
26,627
35,965
41,206
4,338
171,913
61,900
66,940
38,631
4,442
135,082
58,626
41,569
29,590
5,297
361,393
112,627
107,627
1,273,870
921,075
352,795
139,326
46,259
4,273
77,587
1,207
97,702
57,431
2,239
34,229
3,803
80,266
65,751
7,555
4.611
2,349
67,821
57,113
5,583
5,125
101,869
101,869
18,541
37,831
3,343
38,418
9,844
55,514
30,396
39,078
21,837
32,277
2,211
28,574
25,118
17,241
37,003
10,929
16,073
6,773
457
16,910
1,174
31,424
1,256
345
26,592
3,231
49,033
4,819
3,168
39,715
1,331
74,690
10,838
11,283
51,930
639
91,513
19.088
22,189
50,235
125,383
37,611
59,157
28,614
131,808
82,697
49,111
329,134
137,947
41,557
49.630
3,906
528
915
1,463
11,126
3,559
1,358
6,209
24,563
7,698
7,414
9,451
13,610
7,481
1,012
5,117
41,589
28,537
13,052
14,347
5,707
8,640
48,918
33,722
15,196
375
2,461
686
24,845
12,756
154,458
154,458
9,818
--
41,139
472,686
472,686
1,043,081
511,290
531,791
"
BANKING AND MONETARY STATISTICS
48
NO. 13-NUMBER AND DEPOSITS OF COMMERCIAL BANKS, BY AMOUNT
NU
Banks with deposits of—
Total
number
State and class of bank
Nebraska
AH commercial banks.
National - . State member
Insured nonmember.,
Noninsured
$100,000 $100,000
or less
to
$250,000
418
133
45
2
214
57
18
25
n
$250,000
to
$500,000
$500,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 More than None,
to
to
to
to
to
$50,000,000 or not
$1,000,000 $2,000,000 $5,000,000 $10,000,000 $50,000,000
available
1
1
1
108
38
9
56
5
58
34
2
21
1
24
17
1
5
1
12
12.
2
163
22
2
114
25
2
1
1
5
3
1
1
1
20
16
14
11
1
1
1
10
9
44
35
1
7
1
108
72
16
20
108
71
17
20
40
21
13
6
2
2
1
1
46
16
19
10
1
33
6
22
1
3
1
5
2
2
1
Nevada
All commercial banks,
National
State member
Insured nonmember, _ - _
Noninsured
11
6
2
3
New Hampshire
All commercial banks.
National
State member
Insured nonmember
Noninsured
64
52
1
3
8
1
5
3
1
2
New Jersey
All commercial banksNational
Rtate member
Insured nonmember.,
Noninsured
359
225
62
63
9
1
1
13
9
1
1
2
2
3
1
1
1
10
5
2
2
1
9
3
1
5
13
8
1
4
3
2
80
55
8
16
1
164
107
21
35
1
172
112
24
35
1
148
83
30
32
3
67
35
22
10
49
3
44
16
4
24
29
16
1
12
8
3
1
3
1
10
10
7
7
C
6
1
1
New Mexico
All commercial banks.
National
State member
Insured nonmember
New York
All commercial banks.
Nations!
State member
Insured nonmember
Noninsured
North Carolina
All commercial banks.
State member
Insured nonmember. _ „ _
North Dakota ^
All commercial banks.
Insured nonmember
.
Ohio
All commercial banks.
Nations I
State member
Insured nonmember
Oklahoma
All commercial banks.
State member
Insured non member., _ . .
Oregon
All commercial banks.
National
Insured nonmember
Pennsylvania
All commercial banksNational
State member
Insured nonmember .
41
22
5
13
1
730
425
147
142
16
3
3
16
11
1
2
2
228 |
44
10
166
8
6
35
69?
242
130
301
19
390
207
11
163
9
'
4
1
3
20
1
16
3
72
26
6
37
3
1,078
687
89
274
28
9
9
1
3
5
4
1
1
34
14
13
7
6
3
2
1
1
34
1
45
1
49
4
2
41
2
56
8
54
12
18
7
46
2
39
3
11
49
7
6
29
7
150
25
22
95
8
177
59
32
85
1
141
68
21
52
106
48
27
31
34
18
9
7
21
11
8
2
10
5
5
112
33
4
70
5
119
64
4
50
1
68
50
1
17
37
27
1
9
22
20
1
1
7
7
2
2
3
3
17
3
2
12
19
9
2
8
11
6
2
3
1
1
1
2
2
132
93
6
31
2
226
159
9
50
8
286
186
19
77
4
12
1
5
1
4
i
4
15
2
4
2
14
160
45 """"...
9
105
10
For footnotes see end of table, p. 50.
2
1
1
32
18
1
12
:
5
3
1
1
80
49
16
14
1
1
1
249
150
24
75
3
2
1
1
43
23
7
12
1
15
9
6
10
1
2
7
ALL BANKS
49
OF DEPOSITS AND BY CLASS OF BANK, BY STATES, JUNE 30,1941'-Continued
TOTAL DEPOSITS
[In thousands of dollars]
Banks with deposits of—
State and class of bank
Total
deposits
$100,000 1100,000
or leas
to
1250,000
$250,000
$500,000
Nebraska
All commercial banks.
National
State member
Insured nonmember.
Noninsured
357,032
280,529
6,626
60,636
9,241
Nevada
All Commercial banks.
National
State member
Insured nonmember
Noninsured
16,653
42,951
1,783
1,919
New Hampshire
All commercial banks.
National
State rn ember
Insured nonmember
Noninsured
100,925
82,681
1,424
9,450
7,370
83
827
600
83
227
New Jersey
All commercial banks.
National
State member
Insured nonmember
Noninsured
2,044,608
979,756
693,326
369,452
2,074
45
133
5,514
3,681
45
132
871
962
New Mexico
All commercial banksNational
State member
Insured nonmember
Noninsured
69,551
54,779
2,630
11,808
334
440
138
158
144
3,286
162
27,444
4,160
418
19,262
3,604
$500,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 More than None,
to
to
to
to
$50,000,000 or not
to
$1,000,000 $2,000,000 $5,000,000 $10,000,000 $50,000,000
available
37,789
13,692
3,441
19,118
1,538
38,825
23,137
1,509
13,356
823
32,817
22,507
1,258
7,482
1,570
32,171
32,171
754
1,282
568
714
6,467
4,233
1,069
1,165
2,673
2,673
14,466
11,401
20,348
16,058
1,424
1,692
1,174
39,792
26,048
34,301
26,760
967
5,639
935
161,664
107,102
24,785
29,777
341,394
223,353
55,086
62,955
376,313
143,286
88,208
44,819
713,139
292,879
251,891
167,369
3,808
1,998
706
770
334
6,429
2,059
747
3,623
18,063
11,826
1,019
5,218
10,035
7,982
17,836
17,836
13,940
12,940
192
3,251
2,235
181
415
420
30,350
20,858
3,065
6,140
287
120,134
79,427
14,541
25,622
544
248,948
159,950
37,091
50,500
1,407
472,928
269,384
87,407
103,156
12,981
452,857
228,308
157,971
66,578
592,795
138,803
248,049
198,473
7,470
453
6,502
17,766
1,320
306
147
6,385
117
16,193
253
35,102
3,360
1,629
28,585
1,528
64,046
22,810
6,523
34,713
87,334
52,454
3,774
31,106
54,673
21,702
8,275
19,271
5,425
84,541
53,842
878
9,322
1,416
19,320
4,798
13,174
4,781
13,624
13,624
21,665
21,665
7,558
7,558
29,089
1,610
631
247
7,600
306
13,465
1,057
7,393
Ohio
All commercial banks.
National . _ _
State member
Insured nonmember
Noninsured
2,944,603
1,328,091
1,271,410
339,927
5,175
351
96
9,086
1,550
1,150
5,248
1,138
56,377
9,542
8,545
35,006
3,184
136,014
43,650
22,980
58,786
598
200,383
94,922
31,698
73,763
315,021
147,599
80,810
86,612
245,832
131,903
64,995
48,934
457,516
241,060
184,878
31,578
1,534,123
657,769
876,354
Oklahoma
All commercial banks.
National
State member
Insured nonmember
"Nrminsnrfid
507,862
442,711
6,292
57,476
1,383
1,644
94
19,411
5,891
867
11,911
742
41,613
22,500
1,679
17,005
429
46,940
35,071
503
11,366
52,999
39,077
1,125
12,797
65,290
60,113
2,118
3,059
46,378
46,378
39,321
39,221
194,366
194,366
Oregon
All commercial banksNational
State member
Insured nonmember
Noninsured
r_.
389,109
355,853
4,694
24,727
3,835
3,291
450
6,437
1,133
747
4,557
13,734
6,726
1,515
5,493
15,053
8,798
2,432
3,823
14,069
8,213
5,992
11,652
11,652
318,881
318,881
2,209
3,647
5,992
Pennsylvania
All commercial banks.
National
State member
Insured nonmember...Noninsurpd
5,621,414
3,401,166
1,469,146
690,652
60,450
50,036
35,199
2,467
11,723
647
168,197
116,898
6,845
37,997
6,457
405,077
264,474
25,717
110,194
4,692
768,719
465,236
77,423
226,060
554,478
337,806
116,831
' 90,390
9,451
773,161
375,427
146,119
211,792
38,823
2,895,732
1,802,223
1,093,509
New York
All commercial banks. 21,819,098
National
. . 8,468,033
11,602,761
State member
635,508
Insured nonmember
1,112,796
Noninsured
North Carolina
All commercial banks
National
State member
Insured nonmember
Noninsured
North Dakota 3
All commercial banks.
National
_
State member
Insured nonmember
Noninsured
- ,
1,418
1,706
754
192
255
1,338
212
2,653
188
242
97
145
6,772
3,903
235
2,399
235
3,179
3,179
923
2,142
3,744
8,380
8,380
123,253
123,253
53,067
53,067
35,477
35 477
32,330
25,395
6,835
513,106
182,695
272,389
58,022
2,053
961,729 19,528,709
289,206 7,418,665
409,208 10,893,297
241,560
141,537
21,755 1 075,210
99,071
37,157
327,848
227, 848
61,914
50
BANKING AND MONETARY STATISTICS
NO. 13-NUMBER AND DEPOSITS OF COMMERCIAL BANKS. BY AMOUNT
NUMBER
Banks with deposits of—
State and class of bank
Total
number
Rhode Island
All commercial banks.
$100,000 $100,000 $250,000 $500,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 More than None,
$50,000,000 or not
to
to
or less
to
to
to
to
$250,000 $500,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 $50,00°0,000
available
South Carolina
All commercial banks.
National
State member
Insured nonmember
Noninsured
151
22
5
87
37
31
U
9
22
27
7
South Dakota
All commercial banks.
National
State member
.
Insured nonmember
Noninsured
...
162
38
22
101
1
3
60
5
3
55
Tennessee
All commercial banks.
National
.
State member
Insured nonmeniber
Noninsured
297
71
7
210
9
16
81
3
14
2
73
5
Texas
All commercial banks.
National
State member
Insured nonmember
Noninsured
836
445
82
255
54
47
6
3
24
14
Utah
All commercial banks.
National
State member
Insured nonmember
Noninsured „
60
13
21
26
Vermont
All commercial banks.
National
73
40
Insured nonmember
Noninsured
32
1
Virginia
All commercial banks.
National
State member
Insured nonmember
N onins u r e d
314
130
50
132
2
3
Washington
All commercial banks.
National
_ .
State member
Insured nonmember
Noninsured
135
43
H
73
5
5
West Virginia
All commercial banks.
National
State member
Insured nonmember
Noninsured
181
77
21
75
8
1
565
99
43
412
11
58
26
9
23
Wisconsin
All commercial banks.
National
State member2
Insured nonmember
Wyoming
All commercial banks.
National
Insured nonmember
1
See footnote 1, Table 12, p. 43.
2
2
1
1
7
1
6
5
2
4
1
1
.
26
12
2
2
10
National
State member
Insured nonmember
Noninsured
1
2
4
3
1
2
1
1
4
1
1
3
2
2
3
29
3
1
23
2
28
4
1
18
5
14
4
2
8
9
6
59
14
10
35
22
7
9
5
1
10
4
3
3
4
4
3
3
1
1
70
10
1
59
59
15
2
41
1
41
23
1|
Ib
1
15
8
1
6
3
3
8
5
2
1
4
4
181
63
15
83
20
189
87
25
69
8
193
109
24
52
8
11
1
81 !
10 i
19
1
56
47
2
7
23
19
2
1
1
27
26
1
7
7
4
19
1
7
11
12
4
7
1
3
1
4
15
4
3
8
2
I
1
6
4
1
1
3
3
10
6
17
10
19
10
21
10
2
1
4
7
9
11
1
U
69
25
10
33
1
84
29
14
41
70
33
14
23
42
26
7
9
12
8
1
3
8
6
1
1
2
1
1
23
39
5
3
30
1
28
11
3
14
18
10
2
5
1
7
6
6
3
2
6
6
2
2
11
3
2
5
1
38
12
5
21
48
18
6
22
2
44
22
4
17
1
23
13
5
66
2
3
2
62
2
147
4
6
134
3
154
24
8
119
3
11
1
27
13
71
1
8
1
1
6
10
1
1
8
22
12
7
3
2
1
4
1
1
1
2
2
20
4
19
2 See footnote 2, Table 12, p. 43,
2
1
1
•
1
58
27
10
20
1
14
7
4
3
8
7
1
6
5
3
3
4
1
2
5
3
2
See. footnote 8, Table 8, p. 33.
1
1
1
8
4
a
2
1
9
6
2
1
9
1
2
2
2
1
1
ALL BANKS
51
OF DEPOSITS AND BY CUSS OF BANK, BY STATES, JUNE 30, IMlMJontinued
TOTAL DEPOSITS
[In thousands of dollars]
Banks with deposits of—
Total
deposits
State and class of bank
Rhode Island
All commercial banks.
National
$100,000 (100,000 $250,000 $500,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 More than None,
to
to
to
$50,000,000 or not
to
to
to
to
or less
1250,000 .$500,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 $50,000,000
available
29
29
South Carolina
All commercial banks.
National
State member
Insured nonmember
Noninsured .
190,874
127,529
11,645
43,014
8,686
1,603
5,782
563
1,040
4,787
995
South Dakota
All commercial banks.
National
State member
Insured nonmember
Noninsured
107,152
62,937
15,389
28,182
644
263
10,386
933
263
9,453
Tennessee
All commercial banks.
National
State member
_.
Insured nonmember _ _ . .
Noninsured
678,955
511,854
50,979
113,074
3,048
1,254
13,518
637
1,130
124
12,215
666
Texas
All commercial banks.
National
State member
Insured nonmember
Nopingured *».»..» a _,
1,837,832
1,608,726
77,137
129,710
22,259
3,359
464
220
1,722
953
Utah
All commercial banks.
National
Stp±$ member * T ,
Insured nonmember
Noninsured
Insured nonmember
NnninH^red^
Tr
„
r
,
T
Vermont
All commercial banks.
National
State member
Insured nonmember
Noninsured..Virginia
All commercial banksNational
98,574
16,353
31,282
5,178
50,939
28,076
20,881
7,195
76,631
76,631
205,384
76,460
128,924
19,879
2,944
877
12,452
3,606
19,978
4,575
3,080
12,323
28,090
21,263
20,579
5,351
3,609
11,619
14,821
4,712
6,490
2,975
644
14,791
5,629
5,290
3,372
12,409
12,409
22,450
22,450
11,453
11,453
25,522
3,825
331
21,366
42,060
11,292
1,494
28,381
893
57,651
32,485
1,932
21,869
1,365
45,364
23,576
3,692
18,096
17,970
17,970
187,315
133,768
43,530
10,017
288,301
288,301
30,985
11,174
2,740
13,898
3,173
68,653
32,453
8,988
24, 162
3,050
134,674
76,993
17,223
34,657
5,801
150,041
109,199
14,482
25,272
1,088
179,202
150,823
4,890
23,489
161,210
128,613
17,893
6,510
8,194
557,245
546,544
10,701
552,463
552,463
178,026
83,096
64,174
30,756
804
13,287
736
5,304
7,247
16,996
5,202
10,169
1,625
9,947
7,749
804
5,659
1,518
1,186
2,955
6,635
3,312
7,749.
123,584
75,640
33,131
14,813
119,325
60,074
579
579
4,150
2,316
11,730
6,415
26,909
13,294
61,624
30,129
14,333
7,341
1,834
5,315
13,615
31,495
6,992
4,485
339
384
3,762
25,273
9,327
3,719
11,917
310
61 , 097
21,795
9,928
29,374
96,790
45,601
18,345
32,844
129,684
76,096
22,973
30,615
79,037
52,788
7,195
19,054
199,615
159,741
12,591
27,283
166,228
93,664
72,564
4,015
760
3,255
14,997
2,203
1,271
11,247
276
19,637
7,696
2,057
9,884
25,920
14,030
2,502
7,633
1,755
22,840
18,828
49,642
21,440
19,383
157,512
157,512
324,885
324,885
2,120
694
353
923
150
14,259
4,576
1,853
7,830
35,867
14,222
4,884
15,624
1,137
60,092
30,258
5,678
22,264
1,892
69,426
42,763
110,821
17,517
5,963
85,346
1,995
154,417
40,772
17,441
96,204
15,226
8,433
4,668
2,125
59,251
.
182
Insured nonmember
Noniiwure-d
Washington
All commercial banks.
National
State member
Insured nonmember. _ _.
Noninsured-..
619,846
546,594
'25,973
36,368
10,911
398
West Virginia
All commercial banksNational
State member,
Insured nonmember
Noninsured
351,037
189,778
79,215
75,922
6,122
90
Wisconsin
All commercial banks.
National
fitftte member ^ _, ...^
Insured nonmember
Noninaured.
1,088,463
613,422
148,697
319,471
6,873
262
12,295
450
2Q5
57
11,562
283
53,261
1,687
2,596
47,575
1,403
Wyoming
All commercial banks.
National
State member
.
Insured nonmember
Noninsured
73,176
52,845
5,225
15,106
82
1,331
201
229
901
4,112
453
328
3,331
38,839
33,661
10,835
1,235
493
8,360
747
762,391
459,351
147,699
155,001
340
Stp.t,a member
1,043
1,043
18,422
2,403
6,770
9,249
1,828
1,828
364,119
131,777
160,206
6,770
65,366
StM^ member. ,_.
152
30
337
61
90
82
4,529
2,298
4,012
8,819
55,748
37,679
12,598
5,471
113,435
59,586
53,849
173,480
78,717
32,619
59,009
3,135
96,105
52,924
23,611
19,570
151,733
140,982
10,751
12,534
7,094
18,379
15,152
21,512
21,512
5,440
3,227
23,810
2,853
336,089
280,373
55,716
BANKING AND MONETARY STATISTICS
NO. 14-CHANGES IN THE NUMBER OF INCORPORATED COMMERCIAL
Total
19211941
Character of change
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
All incorporated commercial banks
Increases in number of banks B __ _ _ _ _ _ _
Primary organizations (new banks).,,.
Conversions from private banks
Reopenings of suspended banks
Reopenings (licensing ) of unlicensed banks 3_
Unclassified
038
472
60
93
13
12
8
7
3
6
14
4
3
3
23,479
14,525
7,412
1,391
20
131
826
461
305
48
12
783
343
394
35
1
10
1,007
623
329
51
1
3
1,197
738
373
80
2
4
1,010
579
363
59
2
7
1,468
924
462
75
4
3
1,367
636
567
57
2
5
1,089
479
534
71
2
3
1,334
628
636
57
1
2
3,135
1,292
769
68
1
5
29,018
Decreases in number of banks 2 . .
Suspensions
Consolidations and absorptions
Voluntary liquidations _ _ _ _ „ _ _ _ _ _ _ _ _
Conversions to private banks
Unclassified
8,498
4,817
315
1,914
1,234
218
28,830
38,396
37,724
27,223
26,280
25,468
34,703
23,695
21,877
135
81
5
21
1
17
336
120
45
60
3
8
142
108
7
16
1
10
129
86
9
24
2
8
90
70
5
12
1
2
103
72
6
21
73
33
2
34
3
4
445
161
259
7
3
15
Number at end of year
585
409
46
118
5S3
458
49
68
535
383
27
108
509
403
22
81
525
345
14
160
455
296
18
127
324
252
15
53
316
235
9
69
317
153
6
155
National banks
Increases in number of banks 2 .
Primary organizations (new banks)
Conversions from State member banks.,.
Conversions from nonmember banks
Conversions from private banks
Reopenings of suspended banks
Reopenings (licensing) of unlicensed banks 3 .
Unclassified
2,492
1,458
205
472
19
177
161
187
110
16
49
3
9
224
74
21
101
3
25
184
96
30
45
2
11
Decreases in number of banks 2
Suspensions
Consolidations and absorptions ... ...
Voluntary liquidations
Conversions to State member banks .
Conversions to nonmember banks
_. __
Conversions to private banks .
^Unclassified
5,499
2,733
2,238
209
34
284
1
146
52
74
12
3
5
169
49
107
8
261
122
96
28
3
12
231
118
81
14
1
17
385
123
129
12
2
39
375
91
160
9
1
14
220
57
136
7
5
225
90
96
20
6
13
20
338
64
225
3
6
30
8,165
8,220
8,179
8,043
8,048
67,905
7,759
7,629
7,403
67,031
36
31
1
2
30
27
35
27
6
2
34
18
3
2
124
17
53
134
27
47
1
2
47
Number at end of year
State member banks
Increases in number of banks 2
Admissions of nonmember banks
Conversions from national banks
Reopenings of suspended banks
Reopenings (licensing) of unlicensed banks3.
U nclassified . .„
.
... _ .
1,789
l,65i
34
41
45
16
208
201
3
1
102
95
2
78
66
6
3
3
5
3
Decreases in number of banks 2 ...,__
Suspensions
_ _ . . _ _
Consolidations and absorptions
Voluntary liquidations. - .
Conversions to national banks
Withdrawals from membership
Unclassified
1,771
598
472
51
205
433
12
75
19
16
77
13
20
9
21
14
133
32
25
6
30
29
1,639
1,595
_
Number at end of year
16
18
6
1,614
47
42
3
2
44
39
1
2
44
38
2
4
3
2
2
1
1,544
147
28
34
1
45
39
131
35
24
5
7
59
1
115
31
46
3
9
26
97
16
31
4
5
39
2
1,441
98
38
21
6
5
26
2
1,354
1,375
1,308
6
48
1,119
1,019
Nonmember incorporated commercial banks
2
430
283
17
39
19
71
7,398
3,359
284
433
296
1,696
1,028
202
535
362
5
18
57
83
10
7
5
7
1
6
12
4
3
2
. 19,390
11,194
4,702
1,131
Voluntary liquidations ,
472
Conversions to national banks . _ Admissions to Federal Reserve membership. 1,653
Conversions to private banks
.19
Unclassified
119
897
390
215
36
49
201
6
773
281
267
18
101
95
1
10
849
501
208
25
45
66
1
3
947
578
256
46
21
42
2
2
833
433
248
44
60
39
2
7
1,193
766
309
58
16
38
4
2
982
514
361
45
24
31
2
5
875
406
367
60
12
27
2
1
1,010
547
358
54
21
27
1
2
1,685
1,104
463
80
34
18
1
5
19,339
18,961
18,633
18437
17,734
17,031
16,434
15,866
16,173
13,837
Increases in number of banks
Primary organizations (new banks)
_ _.
Conversions from national banks
Withdrawals from Fed. Res. membership..
Conversions from private banks .1
Reopenings of suspended banks
*
Reopenings .(licensing) of unlicensed banks3.
Unclassified
Decreases in number of banks 2
Suspensions
_
„ _ „
Number at end of year
.-
.
„
495
335
5
14
43
91
510
362
13
29
47
54
462
302
12
26
26
89
480
237
19
59
13
146
395
210
14
26
16
117
307
182
20
39
14
48
317
163
30
48
9
64
339
120
15
47
6
149
1 Incorporated commercial banks exclude, in addition to mutual savings banks, all private banks. For an explanation of the differences
between the number of nonmember commercial banks shown in this table and in Tables 1 and 6, see introductory text, p. 14.
2
For an explanation of the items under this heading, particularly with reference to the handling of licensed and unlicensed banks in 1933,
see introductory text, pp. 13 and 14.
8
Comprises banks granted licenses after June 30, 1933; bariks granted licenses Between March 16, 1933 (the last day of the banking holiday)
and June 30, 1933, are not included in the table as either suspensions or reopenings. There were 374 national banks and 71 State member banks
licensed between March 15 and June 30, and 835 nonmember banks licensed between April 12 and June 30; the number of nonmember banks
licensed between March 15 and April 12 is not available.
53
ALL BANKS
BANKS, BY GLASS OF BANK AND BY CHARACTER OF CHANGE, 1921-1941'
Character of change
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
,1941
All incorporated commercial banks
2
Increases in number of banks
_
Primary organizations (new banks)
Conversions from private banks
Reopenings of suspended banks
Reopenings (licensing) of unlicensed banks 3 Unclassified
383
105
2
275
392
93
7
279
1
13
3,111
2,213
798
99
_
Number at end of year
1,270
511
7
116
636
4,354
3,891
322
89
1
1,963
1,416
433
101
4
9
19,149
Decreases in number of banks 2
Suspensions
__.
Consolidations and absorptions
Voluntary liquidations
_
Conversions to private banks
Unclassified
. .
1,128
323
11
150
547
«97
17,578
14,352
82
62
5
6
41
39
206
101
9
40
47
9
83
62
4
13
3
379
44
231
104
288
34
160
91
275
43
176
56
300
58
186
56
220
52
100
68
15,343
15,161
14,968
14,750
52
46
30
37
32
3
2
54
53
1
197
41
119
37
169
22
96
49
117
8
59
40
2
10
14,571
14,420
14,288
14,225
7
1
5
1
16
3
9
4
19
3
8
8
13
7
4
2
62
1
41
4
2
14
40
4
22
6
2
6
1
1
9
16
3
National banks
2
Increases in number of banks
Primary organizations (new banks)
. ..
Conversions from State member banks
Conversions from nonmember banks
Conversions from private banks
Reopenings of suspended banks
Reopenings (licensing) of unlicensed banks 3 _
Unclassified
48
15
1
7
61
10
4
3
351
209
4
19
25
44
Decreases in number of banks 2
Suspensions
.
. _ _Consolidations and absorptions
Voluntary liquidations
Conversions to State member banks
Conversions to nonmember banks. .,_. _ _ _
Conversions to private banks
Unclassified
„. .
711
409
275
8
418
276
123
10
1,208
1,101
84
5
105
1
82
18
104
4
76
12
. 19
8
1
18
4
6,368
Number at end of year
28
17
3
6
1
4
115
413
330
10
22
1
5
45
17
6
4
5
1
1
37
7
7
12
92
4
65
7
2
14
43
1
26
4
12
78
1
51
8
1
17
12
53
4
30
7
2
10
6,011
5,154
5,462
5,386
5,325
5,260
5,224
5,187
63
61
2
50
49
88
86
2
190
188
2
169
«167
2
17
1
6
23
13
5
5
27
3
8
3
9
'
4
11
1
8
3
1
2
4
5
1,114
1,175
1
1
5,144
5,117
State member banks
2
258
237
150
125
40
38
21
2
23
1
1
27
19
33
12
1
3
3
11
1
4
16
8
3
10
6
4
7
33
2
15
3
7
6
857
980
1,001
1,051
1,081
Increases in number of banks
Admissions of nonmember banks
Conversions from national banks
Reopenings of suspended banks
Reopenings (licensing) of unlicensed banks 3.
Unclassified
29
23
31
23
6
8
Decreases in number of banks 2
Suspensions
Consolidations and absorptions
Voluntary liquidations
Conversions to national banks _ _ _ _ _ _ _ _ _ _ _ _ _ _
Withdrawals from membership. _ _ _ _ _ _ _ _ _ _ _ _
Unclassified
170
107
40
1
1
20
1
104
55
31
1
4
13
306
174
12
Number at end of year
878
805
73
72
1
1
1,342
"1,499
Nonmember incorporated commercial banks
2
Increases in number of banks
Primary organizations (new banks)
_
Conversions from national banks
Withdrawals from Fed. Res. membership..
Conversions from private banks
Reopenings (licensing) of unlicensed banks 3_
Unclassified
Decreases in number of banks2....Suspensions
Consolidations and absorptions .
Voluntary liquidations
Conversions to national banks _ _ _ ...
Admissions to Federal Reserve membership.
200
84
12
3
8
39
45
9
98
56
17
7
3
12
3
1,493
1,085
279
90
3
23
3
9
3,334
2,616
226
84
19
237
414
43
141
83
22
125
237
30
72
78
6
38
280
42
114
47
5
72
277
52
106
46
12
61
333
50
68
64
1
49
10,762
8,341
8,801
8,774
8,592
8,409
8,233
1
13
2,300
1,697
483
90
7
23
11,903
52
51
29
14
3
3
2
58
46
6
5
1
233
34
81
27
4
86
307
21
44
44
8
188
251
4
36
32
2
167
2
56
38
12
5
874
181
4
6
6
109
568
351
83
8
13
7
227
Unclassified
Number at end of year
94
55
14
6
5
5
813
114
18
16
11
146
411
497
376
90
19
20
2
244
10
8,058
7,803
7,609
57
27
10
4
1
16
9
3
* Includes 44 nonmember Morris Plan and industrial banks (15 in New York and 29 in North Carolina) some or all of which were in operation
in prior years but which could not be included in the figures for earlier years because of lack of essential data.
5
For 1926 excludes 1 bank (in Texas) and for 1930 excludes 2 banks (1 in Mississippi and 1 in Missouri) which suspended at the end of the
year but which submitted condition reports to the Comptroller and are therefore included in the number of national banks shown for these
respective dates in Tables 1 and 4 of this'section.
a
Excludes 3 small mutual savings banks, the first of such banks to become members of the Federal Reserve System.
BANKING AND MONETARY STATISTICS
54
NO. 15-BANKS ON PAR LIST AND NOT ON PAR LIST-NUMBER,
[End of year figures]
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
15,679
7,577
37
8,065
2
( )
17,228
7,657
250
9,321
(')
18,997
7,762
930
10,305
10,247
5,565
7,885
1,181
6,499
3,996
8,745
8,125
1,481
9,139
1,755
7,881
8,165
1,614
8,102
2,263
7,681
8,220
1,639
7,822
2,288
6,499
8,179
1,595
6,725
2,896
5,032
8,043
1,544
5,445
3,647
640
397
1
242
(2)
389
14
2
( 8)
C)
669
392
31
246
677
396
36
245
692
398
39
255
693
396
40
257
688
390
39
259
652
388
36
228
653
383
36
234
935
„ _ 620
2
313
„_
C2)
624
44
(s)
1,062
622
101
339
1,075
631
122
322
1,113
650
134
329
1,129
662
133
334
1,146
667
136
343
1,195
692
143
360
923
631
(2)
631
8
2
( )
990
632
29
329
8102
1,093
640
38
415
1,137
652
46
439
1,177
653
51
473
1,202
658
58
486
(2)
750
13
(2)
2
( )
1,542
748
66
728
3
411
1,928
746
97
1,085
916
528
37
351
31,156
Federal Reserve district and class of bank
All districts
Total on par list
National banks. . _ _
State member banks
Nonmember banks
Nonmember banks not on par list
Boston District
Total on par list..,. . .
National banks
State member banks .
Nonmember banks
..
(2)
New York District
Total on par list ,
N ational banks... . . . . _
State member banks
Nonmember bamks
Nonmember banks not on par list
Philadelphia District
Total on par list. „.,__„
National banks
State member banks
Nonmember banks
(2)
„
_
.
Cleveland District
Total on par list ,
National banks.,.,. ..... ..
State member banks
Nonmember banks
Nonmember banks not on par list
Richmond District
Total on par list
National banks......... .
State member ba,nks
Nonmember banks.. Nonmember banks not on par list
,
292
(2)
_
1,249
752
1
496
(2)
(2)
(2)
Atlanta District
Total on par list
National banks. . _
State member banks
Nonmember banks..
Nonmember banks not on par list.....
823
379
4
440
(2)
(2)
Chicago District
Total on par list
National banks..
State member banks
Nonmember banks..
Nonmember banks not on par list
2,260
983
8
1,269
(2)
St. Louis District
Total on par list
National banks.
State member banks
Nonmember banks
- ...
Nonmember banks not on par list....
1,349
467
1
881
<2)
(2)
1,864
763
(2)
1,100
C2)
(2)
2
Kansas City District
Total on par list . .. .
National banks
State member banks .
.
Nonmember banks
Nonmember banks not on par list
2,355
940
3
1,412
m
Dallas District
Total on par list
National banks
State member banks......
Nonmember banks.. _... .
Nonmember banks not on par list
857
609
10
238
(2)
(2)
1,619
523
(2)
1,096
C2)
(!)
(2)
Minneapolis District
Total on par list
National banks
State member banks
Nonmember banks
Nonmember banks not on par list....
San Francisco District
Total on par list
National banks.
State member banks
Nonmember banks
Nonmember banks not on par list - .
(2)
(2)
1927
1928
4,132 23,170
8,048 17,905
1,441 1,354
4,643 13,911
3,970 3,913
2,281
7,759
1,275
3,247
3,910
1,480
7,629
1,208
2,643
3,911
666
382
38
246
662
377
39
246
661
376
37
248
659
373
35
251
1,236
711
144
381
1,271
734
146
391
1,324
750
163
411
1,348
771
166
411
1.348
775
163
410
1,236
656
66
514
1,257
666
72
519
1,266
671
82
513
1,278
684
85
509
1,278
687
90
501
1,271
687
91
493
1,952
762
111
1,079
1,968 1,965 1,948
764
759
768
118
115
116
1,085 1,085 1,071
1
1
. 5
1,946
752
119
1,075
10
1,936
747
116
1,073
10
1,927
745
111
1,071
B
1,862 1,823
712
726
104
109
1,027 1,007
10 1
9
1,070
539
46
485
995
1,875
553
56
1,266
334
1,615
559
66
990
577
1,592
562
68
962
568
1,492
561
66
865
637
1,360
555
62
743
715
1,318
548
56
712
687
1,266
527
56
686
625
1,221
512
52
657
587
1,174
499
48
627
572
635
372
54
209
31,345
781
362
64
355
1,219
868
376
84
408
1,233
916
902
393
385
143
127
390 ! 380
1,156 ! 1,129
905
385
140
380
1,127
893
382
128
383
1,105
808
861
378
379
97
116 I
366 j 333
1,102 1,057
776
380
84
312
1,016
768
377
76
315
959
3,726
1,046
288
2,392
•31,805
5,270
1,048
326
3,896
293
5,685
1,061
358
4,266
5,677
1,065
377
4,235
5,686
1,061
379
4,246
5,532
1,058
369
4,105
114
5,335
1,055
353
3,927
218
5,206
1,051
347
3,808
260
5,040
1,015
320
3,705
228
4,985
982
308
3,695
190
4,822
964
288
3,570
213
1,560
470
44
1,046
31,600
2,847
470
68
2,309
355
3 085
480
91
2,514
188
3,074
480
105
2,489
167
3,075
487
121
2,467
159
2,997 2,849
492
497
127 • 132
2,373 2,225
332
233
2,739
498
130
2,111
401
2,605
489
120
1,996
428
2,485
483
111
1,891
452
2,344
482
105
1,757
490
2,036
797
70
1,169
31,743
2,799
834
86
1,879
1,025
3 890
883
116
2,891
3,652
882
135
2,635
154
3,596
870
130
2,596
188
3,025
831
109
2,085
445
2,383
785
100
1,498
853
2,014
744
85
1,185
1.062
1,687
692
72
923
1,093
1,496
674
61
761
1,137
1,391
663
56
672
1,123
3,194
967
27
2,200
3
979
4,384
991
47
3,346
4,477 4,183
1 023 1,048
44
63
3,391 3,091
185
4,149
1 099
43
3,007
165
3,980
1,086
36
2,858
196
3,813
1,033
33
2,747
204
3,694
994
33
2,667
205
3,529
965
27
2,537
212
3,337
941
27
2,369
256
3,166
9*1
21
2,234
282
974
630
97
247
'947
1,976
642
114
1,220
2,114
655
185
1,274
2,002
649
202
1,151
23
1,900
656
199
1,045
52
1,807
659
190
958
95
1,690
645
183
862
153
1,620
725
127
768
182
1,537
1715
111
711
197
1,466
701
98
667
204
1,406
688
92
626
208
1 693
558
. 86
1,049
3
159
1,665
586
137
942
109
1 857
632
198
1 027
1 809
618
219
972
1 766
613
207
946
26
1,730
607
195
928
44
1,617
584
182
851
57
1,543
575
165
803
61
1,504
568
153
783
65
1,366
526
132
708
58
1,308
498
129
681
55
(8)
805
513
6
286
,
1926
518
14
(2)
C)
372
20
(2)
2
( )
(2)
1,042
71
(2)
(2)
466
13
(2)
(>)
764
16
( )
948
9
(2)
2
( )
619
11
(2)
C2)
534
17
1
Excludes one national bank which suspended at the end o H926 but which was included in the December 31, 1926, Abstract o ^Condition
Reports of National Banks.
3
Not available.
8
Figure is approximate.
ALL BANKS
55
BY FEDERAL RESERVE DISTRICTS AND BY CLASS OF BANK, 1916*1941
[End of year figures]
1931
1932
1937
1929
1930
All districts
Total on par list
National' banks
State member banks
Nonmember banks
Nonmember banks nofon par list
20,567
7,403
1,119
12,045
3,754
19,006
«7,031
1,019
10,956
3,437
Boston District
Total on par list.
National banks
State member banks
Nonmember banks
Nonmember banks not on par list
675
367
37
271
656
362
34
260
607
343
30
234
588
338
29
221
564
318
37
209
545
322
49
174
540
319
46
175
531
317
43
171
526
315
42
169
524
314
42
168
520
311
42
167
515
308
42
165
509
304
43
162
New York District
Total on par list
National banks
State member banks
Nonmember banks
Nonmember banks not on par list
1,335
769
162
404
1,309
759
155
395
1,181
699
142
340
1,160
684
143
333
1,058
605
153
300
1,105
627
164
314
1,094
626
167
301
1,077
619
170
288
1,051
603
173
275
1,046
599
173
274
1,025
596
172
257
1,008
587
. 178
243
992
580
217
195
Philadelphia District.
Total on par list
National banks
State member banks
Nonmember banks
Nonmember banks not on par list
1,240
678
86
476
1,204
669
84
451
1,073
642
- 73
358
996
628
65
303
887
548
58
281
924
595
61
268
923
593
63
267
919
593
65
261
918
590
65
263
913
589
66
258
900
586
66
248
887
582
69
- 236
883
579
80
224
Cleveland District
Total on par list
National banks
State member banks
Nonmember banks
Nonmember banks not on par list
1,786
696
99
991
9
1,693
665
92
936
9
1,447
585
70
792
6
1,394
562
68
764
5
1,240
468
76
696
3
1,265
528
99
638
1
1,264
523
99
642
2
1,264
522
105
637
2
1,246
513
109
624
2
1,241
510
114
617
2
1,229
504
135
590
2
1,216
500
158
558
2
1,211
499
174
538
2
Richmond District
Total on par list
National banks
State member banks
Nonmember banks
Nonmember banks not on par list
1,091
469
45
577
546
993
431
39
523
441
848
371
32
445
381
817
359
33
425
366
725
316
57
352
338
736
339
61
336
310
731
339
65
327
319
728
338
66
324
321
725
338
67
320
310
721
337
69
315
298
716
333
77
306
295
720
336
95
289
289
722
337
110
275
289
682
366
62
254
926
576
341
49
186
862
499
305
44
150
792
457
285
38
134
705
418
255
54
109
637
431
277
55
99
663
421
273
55
93
666
424
274
56
94
672
418
269
55
94
683
409
268
52
89
• 689
401
264
51
86
698
398
202
54
82
695
399
263
54
82
704
4,671
936
250
3,485
229
4,281
861
220
3,200
238
3,489
728
175
2,586
248
2,992
641
151
2 200
251
2,571
451
134
1 986
187
2,422 2,392
521
519
163
181
1 740 1,690
211
226
2,363
523
218
1,622
228
2,337
530
239
1,568
220
2,291
534
253
1,504
218
2,262
539
265
1,458
217
2,248
536
320
1,392
221
2,237
635
364
1,338
220
Total on par list. .
National banks
State member banks
Nonmember banks _
Nonmember banks not on par list
2,241
468
103
1,670
477
1,915
*415
96
1,404
417
1,705
379
86
1,240
405
1 541
353
76
1,112
409
1 364
295
67
1 002
377
1 317
320
71
926
376
1,278
320
70
888
387
1,203
318
70
815
414
1,154
317
75
762
436
1,118
314
77
727
437
1,087
314
78
695
442
1,076
318
97
661
443
1,058
319
118
621
443
Minneapolis District
Total on par list
National banks
State member banks
Nonmember banks
Nonmember banks not on par list
1,265
633
50
582
1,101
1,139
601
41
497
1,007
965
539
40
386
881
867
504
41
322
818
751
442
60
249
704
738
455
69
214
697
699
433
68
198
709
665
414
67
184
724
640
403
66
171
722
614
390
71
153
710
600
386
81
133
703
580
372
88
120
706
567
364
88
115
716
Total on par list
National banks
State member banks
Nonmember banks
Nonmember banks not on par list
2,989
872
21
2 096
197
2,788
850
21
1 917
191
2,457
801
23
1,633
216
2,207
762
23
1 422
224
1,964
669
39
1 256
199
1,842
686
48
1 108
168
1,788
676
50
1 062
178
1,753
669
57
1 027
174
1,718
670
63
985
177
1,698
664
70
964
178
1,682
660
76
946
176
1,658
653
86
919
176
Dallas District
Total on par list
National banks
State member banks
.
.
Nonmember banks
Nonmember banks not on par list
1 351
662
84
605
207
1 256
607
77
572
211
1 085
550
67
468
223
1 005
524
60
421
220
902
483
54
369
211
890
495
60
335
183
865
491
59
315
174
855
493
57
305
164
835
489
58
288
161
827
485
59
283
161
814
481
63
270
158
814
482
86
246
154
814
480
93
241
152
San Francisco District
Total on par list. .
National banks
State member banks
Nonmember banks
_
Nonmember banks not on par list
1,241
487
120
634
62
1,196
470
111
615
61
1,071
426
96
549
55
906
371
78
457
48
721
304
68
349
39
691
299
80
312
34
658
272
78
308
33
613
245
77
291
33
557
223
69
265
32
541
220
68
253
29
521
213
69
239
28
512
208
69
235
29
505
207
70
228
29
Federal Reserve district and class of bank
Atlanta District
Total on par list
National banks
State member banks
Nonmember banks
Nonmember banks not on par list _ _ _ _ . .
Chicago District
Total on par list
National banks
State member banks,.
Nonmember banks
Nonmember banks not on par list
1933
1934
1935
1936
1938
1939
1940
1941
16,427 14,930 13,165 12,906 12,653 12,395 12,125 11,943 11,757 11,632 11,543
6,368 6,011 5,154 5,462 5,386 5,325 5,260 5*224 5,187 5,144 5 117
857
878
980 1,002 1,051 1,081 1,114 1,175 1,342 1,502
805
9,181 8,114 7,154 6,464 6,266 6,019 5,784 5,605 5,395 5,146 4 924
3,207 3,046 2,695 2,643 2,694 2,732 2,743 2,722 2,719 2,715 2,731
St. Louis District
Kansas City District
1,646]
650 j
91
905
176
* Excludes two national banks which suspended at the end of 1930 but which were included in the December 31, 1930, Abstract of Condition
Reports of National Banks.
NOTE.—For an explanation of the differences between the number of nonmember banks shown in this table and in Tables 1, 6, and H see
the introductory text, p. 15.
56
BANKING AND MONETARY STATISTICS
NO. 16-BANKS ON PAR LIST AND NOT ON PAR LIST-NUMBER AND DEPOSITS, BY CLASS OF
NUMBER
Member banks
Nonmember banks
Not on par list
On par list
Total
number
D! incorporated
Total
commercial
banks
National
5z8
.__
„__ 1,032
_ . .= „ _
894
._ 1,217
1,001
- 1,047
2,446
- 1,513
1,299
_._ 1,860
951
557-
8oi>
768
652
639
410
315
804
392
467
736
544
282
bil
596
586
504
333
264
539
314
386
660
481
213
_.. 14,345
Federal Reserve district,
geographic division,
and State .
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total
Total
With sufficient With insufficient
capital stock for capital stock for
Federal Reserve Federal Reserve
membership
membership
Insured Nonin- Insured Noninsured
sured
State
With sufficient Wiih insufficient
capital stock for capital stock for
Federal Reserve Federal Reserve
membership
membership
Total
Insured Nonin- Insured Noninsured
sured
|
42 i 175
172
264
242
66
578
135
77
591
732
51
265 1,642
78 1,121
832
81
76 1,124
63
407
275
69
175
264
242
576
341
95
1,425
700
133
948
252
247
107
214
218
455
220
49
1,024
412
74
334
155
163
34
10
7
19
12
3
55
22
4
68
10
19
15
32
14
98
100
38
311
233
47
344
56
60
19
8
3
4
9
5
35
33
8
202
22
5
2
250
637
217
421
699
176
155
28
'1
157
417
126
222
339
73
98
12
2,585
a
1
79
187
65
165
325
56
38
15
9
18
12
26
32
35
9
1
1,445
67
931
142
188
110
2
74
2
13
1
5
15
14
3
12
10
6,362
5,187
1,175
7,983
5,398
3,425
272
1,348
353
New England
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
364
43
53
42
154
14
58
322
38
52
42
125
12
53
42
5
1
196
26
11
34
42
12
71
120
15
2
31
33
2
37
n
29
2
5
196
26
11
34
42
12
71
3S
7
5
_
560
69
64
76
196
26
129
7
21
2
3
1
1
6
8
Middle Atlantic
New York.;
New Jersey '
Pennsylvania
2,178
_.
741
364
1,073
1,«16
563
277
775
1,356
437
226
693
259
126
51
82
563
178
87
298
563
178
87
298
484
156
64
264
19
4
5
10
53
15
15
23
1
3
3
1
Eaet North Central
Ohio
Indiana
Illinois -_„ .,
Michigan
Wisconsin
„ ,. L
3,053
688
492
847
452
574
1,243
344
148
404
213
134
883
244
125
327
82
105
360
100
23
77
131
29
1,810
344
344
443
239
440
1,622
344
341
416
239
282
1,286
292
269
349
183
193
57
6
14
10
19
8
264
46
55
52
33
78
15
3
5
4
3
3
27
3
13
158
94
2
61
1
We»t North Central
Minnesota
Iowa
Missouri
North Dakota
_
South Dakota
Nebraska
Kansas
3,386
680
646
631
167
165
423
674
959
209
143
142
50
64
148
203
793
191
108
86
50
41
135
182
166
18
35
56
1,431
60
393
383
3
8
114
470
612
22
204
184
82
2
13
7
4
68
130
232
5
26
25
1
1
6
168
996
411
110
106
114
93
161
1
470
179
55
56
60
49
71
410
200
32
38
45
44
44
1
88
23
11
11
9
7
53
505
31
150
167
2
3
33
119
2S
3
12
1
23
13
21
3,427
471
503
489
117
101
275
471
1,536
South Atlantic
44
Delaware
177
Maryland
22
District of Columbia314
Virginia
„
181
West Virginia
228
North Carolina
106
285
169 j
Florida
566
19
73
H
162
96
51
25
70
56
460
15
63
9
130
77
42
.20
52
52
106
4
10
5
32
19
9
5
18
4
960
25
104
8
152
85
177
81
215
113
424
25
104
8
109
79 i
51
6 !
16 i
26
265
20
75
4
74
62
12
2
8
8
15
139
3
26
4
34
9
31
2
8
12
15
2
1
536
339
13
164
20
43 I
6
126
75
199
87
27
5
84
41
119
63
5
16
1
42
20
62
23
East South Central.,, . 1,134 j
412
Kentucky
300
Tennessee.
217
Alabama
205
Mississippi
297
112
77
82
26
256
95
71
66
24
41
17
6
16
2
8S7
300
223
135
179
349
288
52
5
4
197
161
31
2
3
16
15
116
93
19
3
1
20
19
1
48S i
12
171
130 I
175
292
3
97
96
96
1
1
1,592
216
145
393
838
813
56
36
220
501
734
49
29
211
445
79
779
160
109
173
337
453
49
5
161
238
229
30
4
45
150
33
1
169
17
1
104
47
33
1
326
111 |
104
12
99
203
64
81
2
56
13
488
296
68
28
35
91
27
7
33
7
211
43
18
26
78
22
5
13
6
85
25
10
9
13
5
2
20
1
192
43
23
23
54
14
(
2(
169
23
23
21
53
14
110
22
15
14
26
6
3
20
4
6
48
1
6
7
19
7
2
6
5
23
20
19
19
5
2
1
United States
„
West South Central.,.
Arkansas
Louisiana
Oklahoma
Texas
^fountain
Montana
Idaho . .
Wyoming
Colorado
New Mexico
Arizona
Utah
Nevada
„. ..
.-
in
51
58
145
41
12
59
11
428
Pacific
138
Washington
Oregon
73
217
California
NOTE.—For an explanation of the
ductory text, p. 15.
7
9
56
2(
4
2
1
2
5
3
4
19
2
1
6
4
2
2~
19
2
3
1
191
172
17
209
37
122
219
2
60
33
53
45
78
15
27
39
7
34
36
19
15
70 """IB
100
102 , 102
115
differences between the number of nonmember banks
2
4
2
4
10
22
12
1
1
7
3
?
9
34
9
11
166
5
67
26
68
19
4
6
1
8
98
41
22
10
25
12
3
9
4
1
2
1
1
38
5
15
47
13
2
11
14
16
2!
1
1
1
1
16
2
15
shown in this table and in Table 15 see the intro-
ALL BANKS
57
BANK AND BY FEDERAL RESERVE DISTRICTS AND BY STATES, DECEMBER 31,1939
TOTAL DEPOSITS
[In thousands of dollars]
Nonmember banks
Member hanks
On par list
Federal Reserve district,
geographic division,
and State
Total
deposits of
incorporated commercial
banks
Total
National
State
With sufficient
capital stock for
Federal Reserve
membership
Total
Total
Insured
Boston
New York.
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
-_- 3,268,478
18,717,326
3,795,900
4,555,277
.-.- 2,626,308
2,159,669
--. 8,387,783
2,301,673
1,447,024
2,221,174
_ 1,783,097
5,490,632
2,741,035
17,685,267
3,231,374
3,866,135
,950,810
,740,284
,952,438
,724,838
,125,181
,853,719
1,576,744
4,892,327
2,102,959
7,466,827
2,228,532
2,291,513
1,329,341
1,507,886
5,330,778
1,195,740
1,040,770
1,583,213
1,506,758
3,974,633
New England
, _ - - 3,428,015 2,803,788 2,165,712
205,144
153,358
119,890
Maine
75,415
74,032
90, 746
New Hampshire.
57,800
57,800
111,670
Vermont
2,053,154 1,866,042 1,488,179
Massachusetts
252,605
106,968
323,893
Rhode Island
398,568
318,843
643,408
Connecticut
East North Central
Ohio
Indiana
Illinois
Michigan
Wisconsin
Total
Nonin- Insured Noninsured
aured
256,010 213,320 34,997 23,116
956,874 24,655 49,616
914
547,781 3,055 12,387 1,303
524,789 52,578 110,942
359
313,805 82,642 85,567 3,334
70,881
106 37,724 2,384
970,388 84,076 273,182 13,263
296,810 12,301 87,454 4,050
53,167
272 41,966 7,383
154,327 24,045 122,231 35,080
97,609 12,416 37,711 4,74?
508,733 33,035 48,229 1,541
With sufficient
capital stock for
Federal
Reserve
membership
With insufficient capital
stock for Federal Reserve
membership
Insured Nonin- Insured Noninsured
sured
474
190,150
308,290
94,436
176,220
219,055
31,772
53,870
6,767
303
81,517
225,703
52,492
115,556
134,666
18,038
41,496
3,630
3,591
5,965
7,330
3,718
1,120
2,583
3,028
171
102,828
73,414
31,725
52,756
79,026
7,849
7,936
3,065
2,214
3,208
2,889
4,190
4,243
3,302
1,410
72
56,754,341 49,310,152 31,558,950 17,781,202 7,414,189 6,333,155 4,751,174 542,501 942,006 97,474 1,081,034 673,401 27,335 358,770 21,528
United States
Middle Atlantic
New York
New Jersey
Pennsylvania
638,076 527,443 527,443
10,218,440 1,032,059 1,032,050
1,002,842 564,526 504,526
1,574,622 689,142 688,668
621,469 •675,498 485,348
232,398 419,385 111,095
1,621,660 1,435,345 1,340,909
529,098 576,835 400,615
84,411 321,843 102,788
270,506 367,455 335,683
69,986 206,353 152,483
917,694 598,305 591,538
Not on par list
With insufficient capital
stock for Federal Reserve
membership
._.
638,076
33,468
1,383
377,863
145,637
79,725
624,227
51,786
15,331
53,870
187,112
71,288
244,840
624,227
51,786
15,331
53,870
187,112
71,288
244,840
345,520
30,302
6,970
51,049
107,205
6,556
143,438
216,635 38,956 23,116
13,988 5,452 2,044
6,032 1,635
694
2,821
59,304 16,818 3,785
57,431
7,301
79,880 12,230 9,292
23,982,870
17,094,600
1,815,714
5,07,2,556
22,262,109 10,660,067 11,602,042 1,720,761 1,720,761 1,574,042 72,148 72,657 1,914
16,436,244 6,748,497 9,687,747 658,356 658,356 617,200 19,580 20,728
848
1,448,447
575,804 367,267 367,267 339,710 2,562 24,929
872,643
66
4,377,418 3,038,927 1,338,491 695,138 695,138 617,132 50,006 27,000 1,000
10,785,945
2,487,474
937,345
4, 781", 676
1,621,732
957,718
9,143,653 6,577,982 2,565,671 1,642,292 1,563,549 1,220,398 81,704 257,846 3,601
2,147,530 1,138,257 1,009,273 339,944 339,944 263,372 1,690 74,882
517,272
615,323
98,051 322,022 321,113 255,709 9,224 55,300
88'0
875,498 397,266 386,580 344,698 10,654 30,879
4,384,410 3,508,912
349
475,764 268,887 268,887 183,555 48,351 35,129 1,852
877,081
1,352,845
643,545
107,085 314,173 247,025 173,064 11,785 61,656
536,460
520
78,743 44,861
627 33,000
255
909
6,200
4,332
154
67,148 37,752
627 28,668
101
909
10,686
181,138 10,708 95,815 11,433
85,453 1,120 50,437 2,865
23,490 6,703 14,488 2,788
302 8,052 1,271
28,021
8,489 1,388
14,448
8,163
12,269
17,457 2,583 6,039 ~3J31
147
West North Central... 4,169,759 3,143,034 2,357,557
744,933
759,016
Minnesota
955,749
352,608
252,220
673,233
Iowa..
1,617,521 1,366,703
736,619
Missouri
50,886
50,886
76,600
North Dakota
99,393
73,709
61,507
South Dakota
334,964
266,001
271,508
Nebraska
245,391
268,604
412,299
Xansas
785,477 1,026,725
14,083 196,733
100,388 320,625
630,084 250,818
25,714
12,202
25,684
5,507
63,456
23,213 143,695
727,631
56,868
273,156
213,172
1,389
5,252
34,246
143,548
370,597 32,641 272,104 52,289
20,700
29,463 6,705
127,121 16,143 125,709 10,183
150,598 1,370 57,968 3,236
1,302
87
2,310
2,404
538
20,089 1,233 11,091 1,833
49,779 19,895 44,167 29,707
299,094
139,865
47,469
37,646
24,325
20,432
29,210
147
South Atlantic
3,810,652 2,891,762 2,020,124
19,145
205,246 - 155,951
Delaware
531,713
387,285
732,120
Maryland
210,659
361,541
328,891
District of Columbia.
386,091
635,018
498,836
Virginia
227,174
163,176
296,833
"West Virginia
114,252
506,547
314,885
North Carolina
159,052
96,441
86,057
South Carolina
502,537
409,208
338,459
Georgia
411,758
328,663
315,000
Florida
871,638
136,806
144,428
118,232
112,745
63,998
200,633
10,384
70,749
13,663
918,890
49,295
200,407
32,650
136,182
69,659
191,662
62,611
93,329
83,095
605,323
49,295
200,407
32,650
113,75?
67,371
63,942
24,892
22,744
30,263
406,770 82,643 111,283 4,628
47,769
1,223
303
106,174 73,431 20,739
63
24,741
7 909
89,497
205 24,057
55,359 1,774 7,460 2,778
28,331 7,232 28,021
358
2,282
22,475
135
14,320
8,424
18,104
11,168
991
313,567 168,076 7,532 134,028 3,941
East South Central.... 1,611,343 1,181,577 1,012,345
334,748 .266,208
491,696
Kentucky
439,252
577,495
478,855
Tennessee
282,218
235,344
331,671
Alabama
71,541
210,481
85,756
Mississippi
169,232
68,540
39,603
46,874
14,215
429,766
156,948
98,640
49,453
124,725
314,597
155,284
47,633
7,439
4,241
145,827
110,923
30,466
1,696
2,742
9,113 56,330 3,337
9,007 33,420 1,934
106 15,668 1,393
5,743
1,499
215,169
1,664
51,007
42,014
120,484
148,368 5,066 57,852 3,883
817
303
544
540
36,731
889 12,847
15
33,497 2,034 6,468
77,596 2,143 37,720 3,025
West South Central. _- 2,821,603 2,453,246 2,315,341
143,343
116,217
200,758
Arkansas
382,191
441/548
551,163
Louisiana
412,024
407,112
461,299
Oklahoma
._
Texas
_ _ 1,611,383 1,456,331 1,409,821
137,905
27,126
59,357
4,912
46,510
371,357
57,415
109,615
49,275
155,052
213,624
21,06]
15,113
47,258
130,192
132,431 12,834 62,062 6,297
14,800
6,203
58
14,140
973
18,262
418 27,086 ~1~492
85,229 12,416 27,800 4,747
157,733
36,354
94,502
2,017
24,860
118,132 3,412 34,245 1,944
534
384 9,938
25,498
372 18,781
75,349
1,436
581
16,704 "2^656 4,090 ~Ml6
Mountain
Montana
Idaho
Wyoming
Colorado
New Mexico
Arizona
- ..
Utah
Nevada
1,027,065
149,913
100,788
70,032
344,493
66,136
91,127
163,566
41,010
699,451
85,392
50,812
50,451
283,941
52,320
63,955
74,804
37,776
189,817
43,891
35,479
5,062
32,768
2,281
9,789
59,776
771
137,797
20,630
14,497
14,519
27,784
11,535
17,383
28,986
2,463
127,836
11,121
14,497
14,209
27,642
11,535
17,383
28,98f
2,463
Pacific
Washington
Oregon
California
5,114,089 4,571,715 3,750,371
438,001
- 494,900
463,695
278,187
282,575
313,647
4,305,542 3,825,445 3,034,183
821,344
25,694
4,388
791,262
542,374
31,205
31,072
480,097
535,607
25,356
30,154
480,097
889,268
129,283
86,291
55,513
316,709
54,601
73,744
134,580
38,547
88,636
10,751
9,239
12,553
15,643
4,182
9,113
24,692
2,463
22,423
2,288
127, 7?0
37,719
70,585
52,832
5,469 32,970
761
370
3,720 1,538
1,656
1,253 9,985 ""761
496 6,857
8,270
4,294
9,961
9,509
466,953 29,315 37,798 1,541
15,771
256 9,249
80
22,947
7,207
428,235 ~2M59 21,342 T461
6,767
5,849
918
15,270
1,725
44,124
20,398
48,624
37,935
9,196
9,190
310
142
..... . 7,153
563
83,596
11,516 "2~2ll
"3^591
2,083 18,151 1,727
1,848 13,049
765
313
310
142
3,630
3,036
594
3,065
72
2,813
252 """72
BANKING AND MONETARY STATISTICS
58
NO. 17-BANKS ON PAR LIST AND NOT ON PAR LIST-NUMBER, BY CLASS OF BANK
AND BY STATES, DECEMBER 31,1941
On par list
Geographic division and State
Member banks
Total
Nonmember
banks
Nonnot on
member par list
banks
National
11,513
Middle Atlantic
New York
New Jersey
Pennsylvania
East North Central
Ohio - Indiana
Illinois
Michigan
Wisconsin
West North Central
Minnesota
Iowa _„ _ „
Missouri
North Dakota
South Dakota
Nebraska
Kansas
_
1,502
315
35
52
40
124
12
52
29
2
8
177
26
12
32
41
9
57
2,131
713
352
1,066
New En eland
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
5,117
537
66
65
72
194
23
117
United States
State
1,331
422
224
685
318
158
67
93
482
133
61
288
2,845
691
497
798
454
405
880
242
124
338
78
98
503
137
77
96
146
47
1,462
312
296
364
230
260
197
2,328
255
544
504
49
66
254
656
768
186
103
84
45
37
133
180
214
21
51
76
1,346
48
390
344
4
6
107
447
1,013
420
114
107
112
96
164
45
5
1
23
14
29
4,924
2,731
3
32
161
On par list
Geographic division and State
Total
Member banks
National
Slate
Nonmember
banks
Nonnot on
member par Hat
banks
South Atlantic
Delaware
Maryland
District of Columbia. -.
Virginia
West Virginia _-__ _
North Carolina,,"!!
South Carolina
Georgia
Florida
951
41
463
14
63
9
130
77
4422
51
53
140
4
11
8
54
24
11
5
18
5
348
23
100
5
91
74
17
4
19
15
C39
174
22
275
175
72
31
88
73
East South Central
Kentucky
Tennessee
Alabama
Mississippi . -
630
388
124
86
32
255
95
70
66
24
43
18
7
16
2
33?
275
47
4
6
490
10
173
132
175
West South Central
Arkansas
Louisiana
Oklahoma
Texas
1,279
103
41
378
757
730
50
29
207
444
114
9
8
11
86
435
44
4
160
227
340
127
105
12
96
467
90
50
57
144
42
12
60
12
210
41
19
26
78
22
5
13
6
88
25
9
9
15
5
2
21
2
169
24
22
22
51
15
5
26
4
23
22
375
108
68
199
165
43
26
96
37
14
6
17
173
51
36
86
29
26
3
Mountain
Montana
,_
Idaho
Wyoming-. _
Colorado
New Mexico
Arizona
,
Utah
Nevada
_ Pacific_ _
Washington
Oregon
California
.,.
,.
_
39
6
125
119
261
89
1
NOTE.—For an explanation of the differences between the number of nonmember banks shown i i this table and in Tables 1, 6, and 14 see the
introductory text, p. 15.
SECTION 2
ASSETS AND LIABILITIES OF ALL MEMBER BANKS
Text
Table
Table
Table
Table
Table
:
18.
19.
20.
21.
22.
Table 23.
Table 24.
Table 25.
Table 26.
Table 27.
Table 28.
Table 29.
Table 30.
Table 31.
Table 32.
Table 33.
Table 34.
Table 35.
Table 36.
Table 37.
Table 38.
Page
61
All member banks—principal assets and liabilities on call dates, 1914-1941
72
All member banks—classification of loans on call dates, 1928-1941
76
All member banks—classification of investments on call dates, 1928-1941
. . 77
All member banks—classification of deposits on call dates, 1928-1941
78
All member banks—classification of loans and investments, by class of bank, on June 30
call dates, 1919-1928
:
......
79
Central reserve city member banks in New York City—principal assets and liabilities
on call dates, 1919-1941
,
80
Central reserve city member banks in New York City—classification of loans on call
dates, 1928-1941
83
Central reserve city member banks in New York City—classification of investments
on call dates, 1928-1941
84
Central reserve city member banks in New York City—classification of deposits on
call dates, 1928-1941
85
Central reserve city member banks in Chicago—principal assets and liabilities on
call dates, 1919-1941
86
Central reserve city member banks in Chicago—classification of loans on call dates,
1928-1941
89
Central reserve city member banks in Chicago—classification of investments on call
dates, 1928-1941
90
Central reserve city member banks in Chicago—classification of deposits on call
dates, 1928-1941
91
Reserve city member banks—principal assets and liabilities on call dates, 1919-1941.
92
Reserve city member banks—classification of loans on call dates, 1928-1941
95
Reserve city member banks—classification of investments on call dates, 1928-1941. .
96
Reserve city member banks—classification of deposits on call dates, 1928-1941
97
Country member banks—principal assets and liabilities on call dates, 1919-1941....
98
Country member banks—classification of loans on call dates, 1928-1941
101
Country member banks—classification of investments on call dates, 1928-1941
102
Country member banks—classification of deposits on call dates, 1928-1941
103
SECTION 2
ASSETS AND LIABILITIES OF ALL MEMBER BANKS
Current information about changes in the position of member banks is, in the nature of things,
essential for the work of the Federal Reserve
System. This information is needed both for
the purpose of supervising the banks and for the
purpose of following developments in the general
banking and credit situation. Statistics of loans
and investments made by member banks show
the volume and kinds of credit being supplied
by banks to different types of borrowers. Together with information as to reserves and borrowings, these data indicate the liquidity of the
banks' assets and also, under normal conditions,
the extent to which the credit extended is in
response to demands of customers or represents
employment of funds at the initiative of the
banks themselves. The amount and types of
deposits held by banks, on the other hand, indicate the volume and character of demands that
may be made on them by the public and the
amount of funds available to the public in the
form of checking accounts and in the form of
savings and other time deposits.
The most comprehensive member bank statistics available are obtained from reports of condition supplied by banks upon call by the supervisory authorities. The tables in this section
summarize the principal assets and liabilites of
all member banks on call dates for the period
1914-1941 and also of member banks grouped
according to their classification for reserve purposes. More detailed statistics for loans, investments, and deposits are shown beginning
with October 3, 1928. For all member banks
and for each group of banks, there are four
tables covering (1) principal assets and liabilities, (2) classification of loans, (3) classification
of investments, and (4) classification of deposits.
Tables 18-21 include data for all member banks
as a group; Table 22 gives a limited amount of
data on types of loans and investments prior to
1928 for all member banks and for each class
of banks. Tables 23-26 relate to central reserve city member banks in New York City,
Tables 27-30 to central reserve city member
banks in Chicago, Tables 31-34 to reserve city
member banks, and Tables 35-38 to country
banks. In Tables 174-317 of Part II, similar
data are shown for member banks in each Federal Reserve district. Section 10 of Part I and
Table 318 of Part II contain additional data
regarding member bank reserves and borrowings
at Federal Reserve Banks.
Compilation of call report data. The statistics of condition of member banks 1 are tabulated from so-called "call reports," i.e., condition reports submitted to the Comptroller of
the Currency by national banks and to Federal Reserve Banks by State member banks of
the Federal Reserve System in response to calls
made pursuant to provisions of law, usually three
or four times a year. Prior to June 21, 1917,
when the Federal Reserve Act was extensively
amended, State member banks were required to
submit their reports to the Comptroller of the
Currency, the same as national banks. The number and dates of calls made upon national and
State member banks have been identical except
during the period June 1917 to December 1922,
when the National Bank Act required national
banks to submit a minimum of five call reports
each year while the Federal Reserve Act required a minimum of only three call reports each
year from State member banks. All member
banks are now required to submit not less than
three call reports each year. The tables in
this section show statistics only for dates on
which both national and State member banks
submitted call reports.
Detailed instructions for the preparation of
call reports are furnished each bank by the supervisory authority under which it operates. Each
national bank sends a copy of its call report
to its Federal Reserve Bank, in addition to the
official copy sent to the Comptroller of the Currency. State member banks send two copies
of their reports to their respective Federal Reserve Banks, and the Reserve Banks in turn send
one copy of each report to the Board of Governors. The Comptroller of the Currency tabulates the reports of national banks, and the
Board of Governors tabulates the reports of
State member banks and later combines such
tabulations with those covering national banks.
The national bank statistics are published in detail by the Comptroller in the Abstract of Reports of Condition of National Banks and in
summary form in the annual reports of the
Comptroller of the Currency. Corresponding
statistics covering all member banks, both national and State, are published in detail by the
Bbard of Governors in the Member Bank Call
1
Member banks comprise all national banks in the continental
United States, which are required by law to be members of the
Federal Reserve System, and such State banks and trust companies
as have applied for and been admitted to membership.
61
62
BANKING AND MONETARY STATISTICS
Report and in summary form in the Federal
Reserve Bulletin.
Major changes in form of call reports.
Changes in the form of call report prescribed
for national banks and for State member banks
have been made from time to time, but the two
report forms have been substantially identical
since October 3, 1928. Important changes were
made in both forms in October 1928 and December 1938. When important and feasible to do so,
statistics in the following tables, compiled from
earlier call reports, have been adjusted or revised
to place them on a comparable basis with those
derived from the revised form of report. Details
regarding these adjustments and regarding minor
revisions in the call reports are discussed later.
Before October 3, 1928, national banks reported classifications of loans and of investments regularly as of June call dates, while
State member banks did not report such data
as of June call dates until 1925. More detailed
data, in' other words, are available for national
banks prior to 1925 than for. State member
banks. On the basis of the available data a
condensed classification of loans of all member
banks has been prepared for the period 19191928, and of investments for the period 19251928; these figures appear in Table 22. The
national bank figures for the period 1914-1928
in the detail in which reported appear in the
Comptroller's iannual reports for those years.
The member bank call report forms were
extensively revised as of October 3, 1928, to
provide for a uniform classification of loans,
investments, and deposits on every call date
by both national and State member banks. These
classifications continued substantially unchanged
until December 31, 1938, when a new classification of loans was adopted, based more2 on purpose of loan than on type of collateral, and the
classification of investments was modified to
provide information on maturities of bonds. Beginning with October 1939, a detailed classification of loans, investments, and deposits, has not
been required as of spring and autumn call
dates.3
Factors affecting comparability of data. Certain factors affect the comparability of statistics
relating to member banks. Among the more important of these factors are changes in membership in the Federal Reserve System, changes in
the grouping of banks according to their classification for reserve purposes, and the consolidation of branch reports with head office reports in
3
This classification was first adopted in weekly reports of member banks in leading cities in May 1937. See Section 4, p. 128.
8
A simplified form of call report was provided for the use of
banks as of December 31, 1942, and it is expected that for a time
at least detailed breakdowns of investments will be obtained only
on mid-year call*.
the case of banks operating branches. These
factors are discussed in the following paragraphs.
Changes in membership. From time to time
additional banks become members of the Federal
Reserve System, either through conversion of
nonmember State banks into national banks or
by direct admission to membership. Absorptions of nonmember banks by member banks
also increase member bank assets. Conversely,
when member banks give up Federal Reserve
membership through direct withdrawal, through
conversion of national banks into nonmember
State banks, or as a result of the absorption of
member banks by nonmember banks, member
bank assets decline. The comparability of a
time series of member bank statistics is affected
by such accessions to and cessations of membership. During the period immediately following
the passage of the June 21, 1917 amendment to
the Federal Reserve Act, there were many accessions of State banks and trust companies to Federal Reserve membership. Most of the large
State banks and trust companies became members at that time. Partly as a result of further
accessions to membership, but principally because of the more rapid growth in size of member banks than of nonmember banks, member
bank assets have gradually become a larger and
larger proportion of the total assets of all commercial banks. In June 1917 member banks held
approximately 52 per cent of the total loans and
investments of all commercial banks; in 1920,
70 per cent; in 1929, 73 per cent; in 1933, 83
per cent; and in 1941, 85 per cent.
Grouping of banks by classification for reserve
purposes. Changes in the grouping of member
banks for reserve purposes affect the comparability of some of the statistics in this section.
Under the National Bank Act, national banks
were permitted to carry a portion of their reserves
with national banks in certain designated cities,
and the banks in these reserve cities in turn were
required to hold somewhat larger reserves than
other banks. Differentials in reserve requirements for these classes of banks were also required by the Federal Reserve Act, and the
Federal Reserve Board was given authority,
previously possessed by the Comptroller of the
Currency, to classify cities for reserve purposes.
There are three classes of banks: (1) central
reserve city banks, (2) reserve city banks, and
(3) other banks, generally referred to as "country" banks. The basic statutory requirements on
demand deposits are highest at central 4reserve
city banks and lowest at country banks. New
* For changes in reserve requirements by classes of banks from
June 21, 1917 to December 31, 1941, see Table 107, p. 400. Changes
in reserve requirements since December 31, 1941, are shown in current issues of the Federal Reserve Bulletin.
ALL MEMBER BANKS
York and Chicago are central reserve cities, but,
as pointed out below, some of the banks in these
cities are not classified as central reserve city
banks.
Under the provisions of Section 19 of the Federal Reserve Act, banks in outlying sections of
central reserve cities may be designated by the
Board of Governors either as reserve city banks
or as country banks, and banks in outlying sections of reserve cities may be designated as
country banks. Under this provision of law,
on December 31, 1941, six of the seven member
banks located in the Boroughs of Brooklyn and
Bronx of New York City were classified as
reserve city banks, and all (twelve) members in
the Boroughs of Queens and Richmond were
classified as country banks. (One member bank
in the Borough of Brooklyn of New York City,
with a branch in the Borough of Manhattan,
remained a central reserve city bank.) Likewise,
there were 33 member banks in Chicago classified
as reserve city banks, the remainder being central
reserve city banks. (No bank in Chicago has
been classified as a country bank.) There were
48 member banks in 17 other "reserve cities"
classified as country banks at the end of 1941.
The banks thus reclassified are usually relatively
small and typically neighborhood banks.
From time to time changes have been made
in the list of central reserve and reserve cities.
When the Federal Reserve System was established, St. Louis, Missouri, was a central reserve
city and continued in that status through
June 30, 1922, after which it became a reserve city. In the tables here presented, banks
in St. Louis have been treated as reserve city
banks throughout the entire period. On the
other hand, banks in other cities, that is, banks
in central reserve cities designated as reserve
city banks, and banks in central reserve and
reserve cities designated as country banks, have
been classified according to their reserve status
on the given call dates. Changes in the list of
reserve cities during the period 1914-1941 are
shown in Table 108, page 401.
Tables 23-38, covering central reserve city
banks, reserve city banks, and country banks,
show no data prior to June 30, 1919, because (1)
figures for State member banks in New York
City and Chicago, respectively, were not published before that date, and (2) figures for State
member banks in St. Louis, Missouri, now a
reserve city but formerly a central reserve city,
were available only in combination with those
for New York and Chicago. In the absence of
data covering central reserve city banks and
reserve city banks prior to, June 1919, figures for
63
country banks have not been shown for that
period.
Branch reports. The manner in which data
are reported by banks which operate branches
also affects the comparability of statistics in
this section. Call reports submitted by a
member bank operating branches reflect the consolidated condition of the bank and all its
domestic branches. The reports are always
tabulated according to the location and reserve
classification of the parent bank, even if the
branches are located in communities distant
from the parent bank. Consequently, in a State
like California, where many country banks have
been absorbed by and have become branches
of city banks, member bank statistics for a
given city—or a group of cities—reflect to a
constantly increasing degree the condition not
only of banks located in that city but also of
branches located in other communities. In some
recent years a separate condensed report was
obtained once a year covering each branch, but
these reports were not used for general statistical
purposes. An analysis of branch reports submitted as of June 30, 1940, appears in Table 78,
page 310.
A few member banks operate one or more foreign branches. In such cases a separate report
must be submitted covering each foreign branch.
The assets and liabilities of foreign branches are
not, however, consolidated with the assets and
liabilities of the parent bank, as is done in the
case of domestic branches; instead, only the net
amount due from or due to each foreign branch
is reflected in the parent bank's report among
"other assets" and "other liabilities/' respectively,
Classification of loans. Such statistics as are
available prior to 1928 on the classification of
loans are shown in Table 22. Beginning with
October 3,1928, detailed figures on types of loans
are available, which make possible some analysis
of the amount and nature of demands for credit.
This detailed classification of loans is shown for
each class of bank in the second table of each
set, that is, Table 19 for all member banks, Table
24 for central reserve city member banks in New
York City, and so on in Tables 28, 32, and 36,
and in corresponding tables for each Federal
Reserve district in Part II. Loans are classified
in a general way as Joans made principally to
regular customers and loans placed in the open
market. The latter include acceptances and
commercial paper bought and loans to brokers
and dealers in securities in New York City (socalled "street loans").6 Open-market loans cover
6
For statistics on loans to brolcers and dealers in securities prior
to 1028 see Section 12, Tables 140 and 141, pp. 495-500.
64
BANKING AND MONETARY STATISTICS
funds placed where they can be withdrawn readily at call or on maturity, if needed by the lending bank, while loans to customers involve closer
relationships between lenders and borrowers that
may at times make them less readily collectible
or saleable. The latter, moreover, represent
loans made in response to the demands of customers, while the former are acquired at the
initiative of the reporting banks. Data on customers' loans are classified as to type of collateral—loans on securities, loans on real estate,
and loans otherwise secured and unsecured. This
classification continued substantially unchanged
through September 28, 1938.9
In the call report for December 31, 1938, a
new classification of loans was adopted, based
more on purpose of loan than on type of collateral. This classification according to purpose
was first adopted in the weekly reports of
member banks in leading cities in May 1937.
It provides information as to commercial loans,
agricultural loans, and loans for the purpose
of purchasing or carrying securities made to
others than brokers and dealers. The table
below compares figures on the two bases of classification as of December 31, 1938. The figures,
COMPARISON OF LOAN CLASSIFICATIONS,
DECEMBER 31, 1938
[In millions of dollars)
Old basis New basis
13,210
Loans—total
13,210
Security loans :
970
Brokers' loans
...........................
Loans for purchasing or carrying
securities ........ .
....................
I a 2,550
Other loans on securities
...............
1
2,720
Real estate loans
..........................
Open -market paper
Loans to banks
Commercial, industrial,
All other loans
........................
.........................
and agricultural
970
I
\
780
b
2,720
440
120
440
120
a 6,410
/ 5,450
\ 2,730
a Estimated for this date on comparable basis with earlier figures.
b Included in "commercial, industrial, and agricultural loans" and
"all other loans."
some of which are estimated, indicate that as a
result of the change 1/770 million dollars previously reported as "loans on securities" (other
than to brokers and dealers) was transferred on
December 31, 1938, to "commercial, industrial,
and agricultural loans" and to "all other loans";
the remainder, 780 million, was reported in the
new category, "loans for the purpose of purchasing or carrying securities." The figures of "other
loans," being residuals of loans not separately
classified, are not comparable since December
1938 with earlier figures. Before then "other
loans" consisted principally of commercial, industrial, agricultural, and consumer loans not
secured by stocks and bonds; beginning with
*As noted in the tables, reporting banks' acceptances were segregated from "other loans" beginning with December 31, 1931-
December 1938 the figures of "other loans" are
made up 7principally of consumer loans to individuals.
Classification of investments. For the entire
period covered by the tables summarizing principal assets and liabilities, investments are classified into United States Government securities
and other securities. Additional data -on types
of investments are available for 1925-1928 in
Table 22. Beginning with October 3, 1928, a
detailed classification of investments is shown
by class of bank in the third table of each set,
that is, in Table 20 for all member banks, in
Table 25 for central reserve city banks in New
York City, and so on in Tables 29, 33, and 37.
Corresponding tables, by Federal Reserve districts, appear in Part II. The more detailed
figures permit further analysis of the liquidity
and marketability of bank assets and indicate
the extent to which banks provide a market for
different types of securities.
United States Government securities are
divided into bills and certificates, notes, and
bonds. Other securities are shown by broad
classes of issues: obligations of States and political subdivisions, other domestic issues (showing
bonds, notes, and debentures, classified by different types of issuers, and corporate stocks),
and foreign securities. Beginning with March
5, 1934, another class of United States Government securities was added, "obligations fully
guaranteed by the United States," which were
first issued in the latter part of 1933. At the
same time the classification of "other securities"
was revised principally to segregate obligations
of Government corporations and credit agencies
which were not fully guaranteed (i.e., guaranteed
as to interest only or without guarantee) by the
United States Government. Beginning with December 31, 1938, member banks began to report
their holdings of bonds further broken down into
those maturing within 5 years and those maturing
after 5 years. In the case of Government securities, a more detailed maturity distribution has
also been reported.8 Some of the items originally
reported have been consolidated in the tables
showing classification of investments in order to
present the more significant figures on a substantially comparable basis for the entire period;
7
Consumer loans to individuals, subdivided into four categories,
were required to be reported separately in call reports as of
December 31, 1942. Beginning with December 1939 certain classes
of consumer instalment loans were required to be reported in supplomen*ary schedules, and these data have been published in the
Federal Reserve Bulletin.
8
This maturity breakdown of Government securities (maturities
within 5 years, 5 to 10 years, 10 to 20 years, and after 20 years) is
not shown in the tables in this section, but for all member and
insured nonmember commercial banks such figures as of December
31, 1941, are shown in Table 41, p, 110.
ALL MEMBER BANKS
the figures originally published may be found
in the Member Bank Call Report.
Classification of deposits. Deposit figures
back to 1914 are available on a substantially
comparable basis for five principal classes of deposits: interbank, United States Government,
postal savings, other demand, and other time deposits. In the more detailed breakdown beginning with October 3, 1928, various types of demand and time deposits are shown: interbank
(classified into those of domestic and foreign
banks), United States Government, States and
political subdivisions, certified and officers'
checks, etc., and individuals, partnerships, corporations, etc. Time deposits of individuals,
partnerships, corporations, etc., are further classified as to evidence of deposits, e.g., certificates of
deposit, savings, and, beginning with June 30,
1933, Christmas savings and similar accounts.
Separate totals for demand and for time deposits can be obtained prior to October 3, 1928,
from the available figures dividing deposits into
five classes, because during that period the first
three classes of deposits were demand deposits:
(1) up to and including June 30, 1928, all interbank deposits were reported or regarded as demand deposits, (2) before November 1938 all
United States Government deposits were demand
deposits, and (3) postal savings deposits from
June 21, 1917, to August 23, 1935, though required by a specific provision of law to be treated
as time deposits for reserve purposes? by their
terms were demand deposits until the enactment
on June 16, 1933, of the Banking Act of 1933.
Following the passage of that Act, which prohibited the payment of interest on demand deposits, the Postal Savings System amended the
conditions under which postal savings funds
were deposited in banks in order to meet the
definition of time deposits.
Demand deposits adjusted. This item, which
appears as a memorandum item in the tables
on principal assets and liabilities, comprises the
excess of gross demand deposits, other than interbank and United States Government deposits,
over cash items in process of collection (so-called
"float"). It is a statistical measure of the aggre- •
gate net balances in the checking accounts of
individuals, partnerships, corporations, States,
and local government bodies, after allowing for
checks outstanding against these accounts. Since
it is intended to represent in a general way the
cash resources of the community placed on deposit with banks and readily available for use,
9
Before April 24, 1917, they were treated as demand deposits for
reserve purposes; from April 24, 1917, to June 21, 1917, they were
regarded as public moneys of the United States and, for that reason, were exempt from reserve requirements.
65
interbank deposits and United States Government deposits are excluded.
The deduction of "cash items in process of
collection" from gross demand deposits eliminates, in so far as practicable, the double counting
of deposits, i.e., at the bank on which the checks
are drawn and at the bank in which they have
been deposited. This double counting arises from
the fact that banks give depositors immediate
credit for checks deposited by them, i.e., in advance of actual collection of thfe checks, with the
result that, until the checks reach the drawee
banks and are charged to drawees' deposit accounts, both the drawers and the drawees have
the same funds—according to the banks' reports.
On December 31, 1941, member banks reported nearly 3.4 billion dollars of cash items
in process of collection; in other words, the gross
figures overstated the public's deposits by that
amount. An adjustment for this "float" is important because the amount fluctuates considerably.
For example, reported "float" on December 31,
1941, was 1 billion dollars higher than on June
30, 1941; if no adjustment were made, there
would be an indicated increase from June 30 to
December 31, 1941, of 2 billion dollars in demand deposits of the general public, whereas the
actual increase, as measured by adjusted demand
deposits, was approximately 1 billion dollars.
Net demand deposits. Another memorandum
item on deposits which appears in the tables on
principal assets and liabilities is net demand deposits, which comprises the amounts of deposits
subject to reserve requirements according to the
definition of the term "net demand deposits" in
effect on the respective call dates.10 Inasmuch
as the definition of the term has been changed
from time to time, due principally to changes
in law and regulations, this series is not fully
comparable—the figures beginning with November 1, 1935, in particular, are not comparable
with those for prior call dates.
In general terms, net demand deposits of a
member bank until April 24, 1917, were made
up of (1) the gross amount of all demand deposits except those due to other banks, and (2)
the net excess (if any) of demand deposits due
10
Member banks make reports of deposits at regular intervals
for the purpose of computing the reserves required by law, as
described in the text of Section 10, p. 366. The definition of
demand deposits for these reports which was in effect on call
dates is used for the computation of "net demand deposits," with
one relatively unimportant exception. For the period November 1,
1918, to June 30, 1928, inclusive, the figures as originally compiled
were revised in October 1928 to include letters of credit and
travelers' checks sold for cash because, beginning with the call for
October 3, 1928, such liabilities were required to be reported as
deposits. This provision increased net demand deposits as of June
30, 1928, by 43 million dollars. It was not practicable to carry the
revision beyond November 1, 1918. The comparative composition
of "net demand deposits'' and ' 'demand deposits adj usted'' is
shown in a table on p. 991 of the Federal Reserve Bulletin for
October 1941.
66
BANKING AND MONETARY STATISTICS
to other banks over demand balances due from
other domestic banks and cash items in process
of collection.11 From April 24, 1917, tp
August 23, 1935, the definition was substantially the same except that United States Government deposits were exempt by law from all
reserve requirements and were, therefore, excluded from net demand deposits.12
The Banking Act of 1935 brought about a
fundamental change in the definition of net demand deposits: it prescribed that reserves be
carried against United States Government deposits, and permitted allowable deductions to be
offset against total demand deposits instead of
against demand deposits due to banks. Net demand deposits thus were defined as the excess of
all demand deposits, including deposits due to
other banks and the United States Government,
over demand balances due from other domestic
banks (except Federal Reserve Banks, foreign
banks or branches thereof, foreign branches of
domestic banks, and private banks) and cash
items in process of collection.13 The law has
never permitted banks to make deductions from
time deposits in computing required reserves. In
April 1943 an amendment to the law exempted
United States Government war loan deposit accounts from reserve requirements; this exemption is to expire six months after cessation of.
hostilities.
Because of the method of computation, net
demand deposits bear a different relation to
total deposits at banks in the different reserve
classifications—central reserve city banks, reserve city banks, and country banks. Moreover,
the changes in method of computing reserve requirements prescribed by the Banking Act of
1935 affected the three classes of banks in different degrees. Before the passage of that Act
net demand, deposits of central reserve city
banks, which generally hold large balances due
to banks and small balances due from banks,
comprised the gross amount of their individual,
1
1
The Banking Act of 1935 specifically authorized cash items in
process of collection to be deducted from gross demand deposits;
before that time such items were regarded, by administrative rulings, as being for reserve purposes the same as balances due from
banks.
13
The same provision of law (Act of April 24, 1917) was interpreted as exempting postal savings deposits from reserve requirements, but the amendment of June 21, 1917 to the Federal Reserve
Act made postal savings deposits subject tp the same reserve requirements as time deposits, though by their terms they .continued
to13be demand deposits,
The amount of net demand deposits subject to reserve shown
in the tables of this section qan not be computed from the asset and
liability items shown in the tables, even for recent dates, because
(1) a part of the interbank deposits shown beginning with October
3, 1928, are time deposits, and a part of the United States Government deposits shown beginning with December 31, 1938, are time
deposits; (2) a part of the asset item ' 'balances with domestic
banks" consists of time balances or balances with private banks
and, for that reason, may not be deducted from gross demand deposits; and (3) some banks have gross demand deposits smaller
than their allowable deductions, and their excess deductions may
not, of course, be offset against deposit liabilities of other banks.
corporate, State, and municipal deposits and
most of their deposits due to banks. On the
other hand, net demand deposits of country
banks, which generally hold large balances due
from banks and small amounts due to banks,
represented very closely the gross amount of
their individual, corporate, State, and municipal
deposits, inasmuch as they generally had no net
excess of due to over due from banks to be
added. Reserve city banks occupied a mixed
position in that as a class they had fairly large
balances both due to and due from other banks,
and some banks had an excess of balances due
from banks and others an excess of balances due
to banks.
When the new method of computing reserve
requirements went into effect in August 1935,
banks in New York City showed an increase in
net demand deposits because they held fairly
large Government deposits which were no longer
exempt from reserve requirements. Banks in
Chicago and in reserve cities were not much
affected because their Government deposits were
not large and the amounts they could deduct
from total demand deposits were roughly about
the same as they had been deducting from deposits due to banks. On the other hand, country banks, whose balances due from banks generally are very much larger than balances due
to banks, showed relatively large decreases in
net demand deposits; in fact, under the new
method of computation, some country banks at
times have no net demand deposits because their
gross demand deposits are smaller than their
aggregate balances due from banks and cash
items in process o.f collection.
Prior to the passage of the Banking Act of
1935, questions arose from time to time as to
whether for reserve purposes certain kinds of
demand deposits constituted "due to banks,"
against which could be offset balances due from
banks. The need for rulings on such questions
disappeared after August 23, 1935, because allowable deductions are now made from total demand deposits, not from demand deposits due
to banks. The principal changes in the definition of "due to banks/' up to the time of the passage of the Banking Act of 1935, and the date of
either the first or last call report affected thereby,
were as follows:
(1) Amounts due to -Federal Reserve Banks (adeferred credits" or "transit account") were treated as
deposits "due to banks" for reserve purposes through
June 20, 1917, and again beginning with May 4, 1920;
they were excluded entirely from reserve computations
from call reports between those dates, though included
in statistics of deposits. For definition of this item
see footnote 22, page 69.
(2) Certified and officers' cheeks were treated as de-
ALL MEMBER BANKS
mand deposits "due to banks" beginning with March
4, 1919; before that time they were regarded as other
demand deposits.
(3) Member bank dividend checks outstanding were
treated as demand deposits "due to banks" beginning
with December 31, 1927; before that time all dividends declared and unpaid, including dividend checks
outstanding, were regarded as other demand deposits.
(4) Letters of credit and travelers' checks sold for
cash were treated as demand deposits "due to banks"
beginning with October 3, 1928; before that time they
were not regarded as deposit liabilities.
(5) Interbank deposits payable within 30 days but
not subject to immediate withdrawal were excluded
from demand deposits "due to banks" and treated as
other demand deposits beginning with December 31,
1932.
Changes in the composition of "due from
banks" also affected the computation of net demand deposits. The principal changes were as
follows:
(1) Checks and other cash items with Federal Reserve Banks in process of collection were not required to be segregated from collected reserve balances through June 20, J.917; after that time such
items were segregated in national bank call reports
and were treated as "due from banks," and beginning
with May 10, 1918, a corresponding change was made
in the case of State member banks.
(2) Exchanges for clearing house and other checks
on local banks were treated as an offset to demand
deposits other than deposits "due to banks" through
June 20, 1917; after that time they were regarded as
balances "due from banks" for reserve purposes and
were offset against demand deposits "due to banks."
(3) Balances due from foreign banks were not required to be segregated from balances due from domestic banks through December 31, 1919; after that
time they were segregated and were no longer treated
as "due from banks" for reserve purposes.
(4) In June 1925 it was ruled that balances due
from foreign branches of American banks were not
"due from banks" for reserve purposes unless payable
in dollars, also that balances due from own foreign
branches were not "due from banks" for such purposes. Provision for segregating balances due from
foreign branches of other American banks was first
made in the call report for October 3, 1928; meantime
such balances, together with balances due from own
foreign branches, were required to be included in
"other assets."14
(5) In January 1929, when a revised form for uniform computation of reserve requirements was approved by the Board, it was stated, in effect, that
balances with other banks which were not subject to
immediate withdrawal were not "due from banks" for
reserve purposes. Provision for segregating such balances was first made in the member bank call report
for October 25, 1933; meantime, they were required
to be included in "other assets."
Other items and changes in reporting.
Items appearing in the tables are further described in the following paragraphs. The general
nature of the item is indicated and.changes in
"Since the passage of the Banking Act of 1935, no balances with
foreign branches have been treated as "due from banks" for reserve purposes.
67
the form of the call report affecting the item are
noted together with revisions and adjustments
which have been made in the figures.
Number of banks. The number of banks appears in
the tables-showing principal assets and liabilities. The
figure represents the number of member banks which
were in active operation and submitted condition reports
as of the respective call dates. In other words, it excludes
inactive banks whose existence may not have been formally terminated incident to voluntary liquidation,
merger, suspension, etc., and which consequently may
be included in other published series of banks in existence. In a few instances, if a condition report was
not received in time or a bank suspended or went into
voluntary liquidation soon after a call was announced,
the bank was included and a condition report for a
prior call date was substituted.
Loans and investments. Both loans and investments
are reported at net book value, i.e., less charge-pffs and
valuation allowances. Before the general revision of
the call report in December 1938, however, valuation
allowances and charge-offs not allocated to specific loans
and securities sometimes were not deducted from assets
but were included in reserves for contingencies.
During the period September 12, 1916, through December 31, 1921, member banks were required to report "net"
loans and discounts, i.e., less paper rediscounted. Accordingly, in order to present a comparable series, the
figures reported for that period have been adjusted to
a "gross" basis.
During the period May 1, 1917, through December 31,
1926, the liability of national banks on acceptances of
other banks and foreign bills of exchange sold with their
endorsement was included in the statistics of rediscounts
(borrowings) of national banks as compiled from condition reports; from March 23, 1927, through September
28, 1938, such acceptances and bills were excluded from
rediscounts and shown separately among liabilities; and
beginning with December 31, 1938, they have been, excluded from the balance sheet and reported merely as
contingent liabilities, As an offset to this liability, such
acceptances and bills were also included in gross holdings of loans of national banks during the period May
1, 1917, through June 30, 1928, and shown as a separate
asset item from October 3, 1928, through September 28,
1938. The same practice was followed in tabulating statistics of borrowings and loans of State member banks
from condition reports except during the period December 31, 1917, through December 31, 1921, when such acceptances and bills were excluded from both borrowings
and loans; therefore, the statistics of borrowings and
loans of all member banks (national and State combined) as published during the latter period reflected
this difference in practice. In the tables here presented
neither loans nor borrowings include acceptances of
other banks and foreign bills of exchange except on
May 1 and June 20, 1917. For May 1, 1917, an unknown but probably small amount of such bills reported
by both national and State member banks is included;
for June 20, 1917, when national banks reported approximately 53 million dollars of such bills, an unknown
but probably small amount of such bills reported by
State member banks is also included.
Overdrafts are included in the figures of loans throughout the period. Customers* liabilities on drafts paid
under letters of credit are included in loans beginning
with November 1, 1918, in the tables here presented.15
16
This adjustment can not be carried back further because, on the
three preceding call dates, customers' liabilities on both used and
unused letters of credit were combined with customers' liabilities
on acceptances in available statistics covering State member banks.
68
BANKING AND MONETARY STATISTICS
However, the amounts reported by all member banks
on that date, $44,361,000, and on the next three call
dates, probably include some customers' liabilities on
unused letters of credit.
Beginning with October 3, 1928, the loan figures include some real estate mortgage loans which before that
time were reported as investments. The amount transferred at that time from the securities category to
the loan category is not known, but apparently it did
not seriously affect the comparability of the series:
member bank real,estate loans on October 3, 1928, were
. 3,089 million dollars, compared with 3,068 million dollars on June 30, 1928.
Figures originally published for investments included,
through April 12, 1926, in the case of national banks, and
through June 2Q, 1917, in the case of State member
banks, securities borrowed (now shown separately among
bank assets). In the tables here presented, however, the
figures for investments have been adjusted to exclude
borrowed securities.
Beginning with December 31, 1938, the loan and investment figures exclude some assets indirectly representing
bank premises or other real estate, which are now reported separately and are included in "other real estate."
The amount thus excluded from loans (mostly real
estate loans) was approximately 50 million dollars and
from investments approximately 95 million dollars as
of December 31, 1938.
Reserves with Federal Reserve Banks. Before September 12, 1917, in the case of national banks, and before May 10, 1918, in the case of State banks, member
banks were not required to distinguish in their call
reports between collected reserve balances with Federal
Reserve Banks and cash items with Federal Reserve
Banks in process of collection. Since then there has
been a general requirement that reserve balances reported by member banks should consist of collected
funds as shown by the member banks' books. Some
member banks, however, particularly the smaller ones,
do not make a distinction on their books between cash
items in process of collection and collected funds. Consequently, to some extent the amount of reserves with
Federal Reserve Banks as reported by member banks
may exceed the amounts shown on the books of the
Federal Reserve Banks. There are other differences in
reporting, however, which tend to make the amounts
reported by the member banks smaller than shown by
the Federal Reserve Banks. Many member banks reduce their reserve balances, as shown by their books, as
soon as they draw drafts on the Federal Reserve Banks
or authorize charges to their reserve accounts in payment of cheeks received from the Reserve Banks for
collection and remittance—although the Reserve Banks
do not make such charges until receipt of the drafts or
authorizations, A similar result arises from the fact
that the Federal Reserve Banks credit the reserve
accounts of member banks with the proceeds of notes
and other non-cash items upon collection thereof,
while the member banks' are not in position to make
corresponding entries on their books until advice of
collection has been received. This lack of synchronization of entries on the books of the Federal Reserve
Banks and of the member banks accounts for the difference between aggregate reserve balances as tabulated
from member bank. call reports and as shown by the
books of the Federal Reserve Banks. For example, as
of September 24, 1941, member banks reported 13,246
million dollars of reserve balances, compared with
13,273 million shown by the books of the Federal Reserve Banks.
When the Federal Reserve Act was amended on June
21, 1917, reserve requirements were reduced and at the
same time member banks were required thereafter to
carry all of their legal reserves with Federal Reserve
Banks. Consequently, beginning with the call reports
for September 11? 1917, for national banks and December 31, 1917, for State member banks, the item "reserves
with Federal Reserve Banks" measures the total amount
of legal reserve balances $o the credit of member banks.
For prior call dates, however, legal reserves are also included in part in the items "cash in vault" and "balances
with domestic banks."16
Cash in vault. This item comprises all United States
coin and currency held in the reporting banks' vaults,
including to some extent currency and coin in transit
to or from Federal Reserve Banks, but excluding the
reporting banks' own national bank notes. Until arrangements were made in 1935 to retire all national bank
note circulation, national banks were required to deduct
their own notes on hand from their gross liabilities on
note circulation; it is estimated that the amount deducted as of December 31, 1934, was approximately 24
million dollars.17
Balances with domestic and foreign banks*B Prior
to May 1920 the call report form did not distinguish
between balances with domestic banks and balances with
foreign banks, but beginning with May 1920 member
banks have been required to make this segregation.
The distinction was made following a ruling (published
in the Federal Reserve Bulletin for October 1919) to
the effect that balances with foreign banks are not
deductible in determining the amount of "net demand
deposits" against which reserves must be carried.
Balances with foreign banks were not tabulated
separately, however, until the March 1927 call; before
that time they are included in "other assets."
As indicated elsewhere, a . member bank operating
foreign branches is required to report the aggregate net
amount due from its foreign branches in the schedule
of "other assets" and the aggregate net amount due to
its foreign branches in "other liabilities." Such balances
are so tabulated in the accompanying tables. A balance
due from a foreign branch of another member bank is
regarded as a balance with a foreign bank, while a
balance due from an American branch of a foreign
bank is regarded as a balance with a domestic bank.
Beginning with October 25, 1933, the statistics of balances with domestic banks include all time balances, and
beginning with December 31, 1935, they include all balances with private banks. Before those dates such balances were supposed to be reported in the schedule of
"other assets," but to.some extent they were reported as
balances with domestic banks.
Cash items in process of collection. Cash items in
process of collection are a measure of so-called "float"
carried by banks, i. e., of the amounts which banks
have credited to depositors' accounts but which have
not yet been collected from 19 banks on which the
the
deposited checks are drawn.
This item may be
viewed as cash or as a deduction from deposits. It is
in the latter sense that the item is used in computing
net demand deposits and demand deposits adjusted,
described in preceding paragraphs. Many of the smaller
banks do not make a distinction on their books between
16
See' "The History of Reserve Requirements for Banks in the
United States" in the Federal Reserve Bulletin for November 1938.
17
This is the difference between the amount of national bank notes
issued by the Comptroller of the Currency, as shown in his monthly
statement of capital stock of national banks, and the net liability
on18national bank notes outstanding as reported in call reports.
See p. 70, for discussion of reciprocal interbank deposits.
10
Checks for which deposit credit has been given are, of course,
charged back to depositors' accounts if collection is not effected.
Moreover, banks generally do not permit depositors to draw on deposits for which credit has been given in advance of actual collection
of the checks.
ALL MEMBER BANKS
checks in process of collection and collected balances
due either from Federal Reserve Banks or from other
banks; consequently, the reported amounts understate
the cash items in process of collection. The amount
of understatement probably is not large and the
fluctuations may be unimportant.
The item comprises checks in process of collection,
drawn on any banking institution and payable immediately upon presentation in the United States, including checks with Federal Reserve Banks in process
of collection and checks on hand which on the following business day will be presented for payment through
the clearing house or otherwise or will be forwarded
for collection; Government checks and warrants drawn
on the Treasurer of the United States which are in
process of collection; and such other items in process of
collection, payable immediately upon presentation in
the United States, as are customarily cleared or collected
by banks as cash items.
Through June 20, 1917, "exchanges for clearing house"
and "other checks on local banks" were the only cash
items in process of collection required to be segregated
by banks. Thereafter, items with Federal Reserve
Banks in process of collection were segregated from collected reserve balances.20 Beginning with December 31,
1935, banks were requested to report as a single item
the total amount of cash items in process of collection, as defined in the preceding paragraph, Before
that time balances "due from banks" as shown in call
reports included cash items in process of collection
with correspondents (other than Federal Reserve Banks),
Beginning with December 31, 1935, banks were required to report separately cash items not in process
of collection (16 million dollars on December 31, 1935,,
when first segregated), which had formerly been included in their reporting of "outside checks and other
cash items." In the tables in this section, however,
the entire amount of "outside checks and other cash
items" has been included in cash items in process of
collection.
Bank premises, furniture, and fixtures. This item
represents the net book value, i. e., less charge-offs and
depreciation allowances, of premises actually owned by
the bank and occupied as a banking house (by the
bank and its branches, if any) and of furniture and
fixtures owned. Bank premises owned indirectly, as,
for example, through a subsidiary or an affiliate of
the bank, are included in the present compilation in
"other real estate" beginning December 31, 1938, and in
loans and investments before that date.
Other real estate. This item represents the net book
value of (1) real estate other than banking house
actually owned by the bank, (2) improved and unimproved real estate purchased for use but not occupied
as a banking house, and (3) beginning with December
31, 1938, the amounts of "investments and other assets
indirectly representing bank premises or other real
estate." In December 1938, when these assets were
first segregated, they amounted to 145 million dollars,
of which 95 million was investments and 50 million other
assets (mostly loans).
Customers' liability on acceptances. This item represents the aggregate liabilities to the reporting banks
of their customers on drafts and bills of exchange
which have been accepted by the reporting banks, or
by other banks for their accounts, and which are outstanding, i.e., not held by the reporting banks; if the
acceptances are held by the reporting banks they are
required to be reported as loans.
Securities borrowed. These securities were included
30
In the case of State member banks this segregation was not required until May 10, 1918.
69
in the figures of securities owned, as originally published, through April 12, 1926, in the case of national
banks, and through June 20, 1917, in the case of State
member banks.
Other assets. This residual item consists principally
of such items as income accrued but not collected,
expenses prepaid, cash items not in process of collection,
and suspense debits. "Other assets" also include the
funds (34 million dollars on December 31, 1934) maintained by national banks with the United States
Treasurer for the redemption of national^bank notes;
national banks extinguished their liabilities for such
notes in 1935 by depositing lawful money with the
United States Treasurer for their retirement. As
already indicated, during part of the period covered
by the table "other assets" include some assets which
currently are segregated, e.g., balances with foreign
banks.
Deposits—general. Some items of deposits for which
figures are no longer reported separately or for which
back figures are not particularly significant are not
shown in the tables; some other items which were required to be reported separately by national banks
. only21 have necessarily been omitted from the tables.
Among the items that fall into these categories are,
prior to October 3, 1928, savings deposits and State,
county, and municipal deposits, which State member
banks were not required to segregate regularly until
that date; amounts due to Federal Reserve Bank
("deferred credits" or "transit account") ; 22 certified
checks, cashiers' checks, letters of credit and travelers'
checks sold for cash, and checks in payment of dividends on the banks' stock—all of which are now
reported by member banks as a single item; demand
certificates of deposit and deposits subject to check,
which banks are no longer required to segregate from
other demand deposits of individuals, partnerships, and
corporations; deposits the payment of which had been
deferred, which were segregated from other time
deposits for a few call dates following the banking
holiday of 1933; and deposits accumulated for payment of personal loans, which are currently segregated
from other time deposits in bank condition reports but
which, for statistical purposes, are combined with other
"open account" time deposits.
Some liabilities which are now included in deposits
were not so regarded formerly, and vice versa. Beginning with October 3, 1928, member banks were required to report letters of credit and travelers' checks
sold jor cash as demand deposits; before then they
were not regarded as deposit liabilities. In the tables
here presented letters of credit and travelers' checks
sold for cash have been treated as deposit liabilities
back to November 1, 1918; before then the figures
reported for this item apparently include a substantial
amount of unused letters of credit not sold for cash
but issued against collateral pledged by the banks*
customers. Before December 31, 1927, all dividends
declared but unpaid were regarded as demand deposits,
but beginning with that call date only dividends credited
21
Until October 3, 1928, State member banks were required only
occasionally to classify deposits in their call reports.
23
Amounts due to Federal Reserve Bank ("deferred credits" or
"transit account") when last reported separately, on November 1,
1935, aggregated 49 million dollars. These amounts do not represent balances carried by Federal Reserve Banks with member banks,
but merely amounts due by member banks to Federal Reserve
Banks for drafts drawn upon the Reserve Banks or in connection
with authorizations which the member banks have given to the Reserve Banks to charge their reserve accounts in payment for checks
received from the Reserve Banks for collection and remittance. As
soon as such drafts or authorizations reach the Reserve Banks, the
member banks' reserve accounts are reduced; meantime the outstanding drafts and authorizations are member bank deposit liabilities.
70
BANKING AND .MONETARY STATISTICS
to stockholders' deposit accounts or represented by
dividend checks outstanding have been regarded as
deposit liabilities; it was neither practicable nor important to revise the back figures to the current basis.
From time to time the Board has had occasion to rule
on whether or not specific liabilities were deposit liabilities; for example, liabilities resulting from the receipt
of trust funds, foreign currency deposits, funds accumulated for the purpose of retiring personal loans, and
funds representing advance payments on subscriptions
to Government securities. These rulings have been
brought to the attention of all member banks by publication in the Federal Reserve Bulletin, but the amounts
involved in most cases have been relatively small and
no attempt has been made to revise back statistics of
deposits.
Certified and officers' checks, etc. This item under
demand deposits represents chiefly the liability of the
bank (1) on checks which have been certified but have
not been presented for payment and (2) on checks
drawn on the bank by its officers which have not been
presented for payment; it now also includes (3) outstanding letters of credit and travelers' checks sold for
cash by the reporting bank or its agent and (4)
amounts due to Federal Reserve Bank (transit account)
as represented by outstanding drafts on or other
authorizations to charge the reporting bank's reserve
account with the Federal Reserve Bank.
Interbank deposits. There have been a number of
changes in the reporting of interbank deposits. Through
April 28, 1921, national banks were required to report
the net amounts due to banks and bankers; i.e., in any
case where a reporting bank had reciprocal accounts
with another bank ilt was to report the net due from or
the net due to, as the case might be. Thereafter, the
report forms did not call for net amounts, and in March
1922 national banks were advised that they were no
longer required to report net balances. Call report
forms provided by the Board for State member banks
beginning with December 1917 (before that time such
banks reported to the Comptroller of the Currency)
merely called for the amount of balances due to banks;
no general instructions were issued on this point until
December 1938. Beginning with December 31, 1938, all
member banks were advised that reciprocal interbank
balances should be shown gross.23
No distinction was made between interbank demand
and interbank time deposits until October 3, 1928;
before that date all interbank deposits were reported
as "due to banks/ 3 i.e., as demand deposits.
Balances due by member banks to their own foreign
branches were treated as demand deposits "due to
banks in foreign countries" (though not as deposits
subject to reserve requirements) as published in the
Member Bank Call Report from December 31, 1928,
to June 30, 1934, inclusive, but in the tables here presented they are regarded as miscellaneous liabilities in
accordance with current practice.
Ag indicated in the discussion of "net demand
deposits," certified and officers' checks, dividend checks,
and letters of credit and travelers' checks sold for
cash were regarded during various periods as deposits
"due to banks" for reserve purposes; they are, however,
excluded from interbank deposits in the tables presented herewith. Likewise, in these tables amounts
due to Federal Reserve Bank are included in statistics
of demand deposits other than interbank, although for
23
Beginning with June 30, 1942, all member banks were instructed that reciprocal balances should be reported net; the
effect of this requirement was to reduce reported balances due from
banks and reported balances due to banks each by 600 million dollars. No statistics are available to show the effect of previous
changes in manner of reporting reciprocal balances.
many years such amounts were treated as interbank
deposits.
From time to time questions have been presented
as to whether or not certain kinds of financial institutions were "banks" within the meaning of Section 19,
which relates to reserve requirements, or within the
meaning of some other provision of law. In 1928, for
example, the Board ruled that deposits of Morris Plan
banks and mutual savings banks should be classified
as demand deposits due to banks, but that deposits of
building and loan associations should not be so classified.
In 1935 it was ruled that the term "banks" as used
in Section 19 did not-include private banks. These
and other such rulings had some effect on the amounts
reported as due to and due from banks, but no attempt
was made to obtain any statistics on the effect of these
rulings on reported figures and there is no reason to
think that the comparability of the series was affected
materially. ,
Borrowings. This item represents the total amount
borrowed by the reporting banks on their own promissory notes, on certificates of deposit, on notes and bills
rediscounted, and on any other instruments given
for the purpose of borrowing money, and includes
Federal funds purchased24 and loans and securities sold
under repurchase agreement. Since December 31, 1938,
all of these types of borrowing have been reported
under one item—"bills payable, rediscounts, and other
liabilities for borrowed money." Prior to that date
five separate items were reported: bills payable with
Federal Reserv.e Banks and with others, notes and
bills rediscounted with Federal Reserve Banks and with
others, and agreements to repurchase securities sold.
These separate items are not published in the tables
in this book, but they are available in the published
data for each call report. (Monthly figures of borrowings of member banks at Federal Reserve Banks by
classes of banks are shown in Tables 105 and 106, pages
396-400, and by Federal Reserve districts in Table 318,
page 928.
During the period September 12, 1916, to December
31, 1921, inclusive, notes and bills rediscounted were
deducted from gross loans and discounts and the
amount rediscounted was published as a memorandum
item below liabilities. In the present compilation,
loans have been shown gross and borrowings include
rediscounts throughout the period.
During the period May 1, 1917, to December 31,
1926, in the case of national banks, the amount of rediscounts originally published included "acceptances of
other banks and foreign bills of exchange sold with
endorsement." In the ease of State member banks this
was true for May 1 and June 20, 1917, and during
the period March 10, 1922, to December 31, 1926. In
1927 it was decided that such sales of acceptances were
not rediscounts (borrowings); and in the statistics here
presented they have been excluded from borrowings
beginning with June 20, 25
1917—on an estimated basis for
some of the earlier dates.
Acceptances outstanding. This item represents the
amount of outstanding drafts and bills of exchange
accepted by the reporting banks, or by other banks
acting as agents for the reporting banks, less own
acceptances acquired by the reporting banks through
24
The term "Federal funds" refers to credit balances with Federal Reserve Banks, which may be purchased by member banks
fiom one another, or from nonmember institutions maintaining
clearing accounts with Federal Reserve Banks, usually on a dayto-day basis for the purpose of replenishing reserves.
35
Acceptances and foreign bills sold with endorsement were first
reported separately on May 1, 1917, but it was not feasible to
make the adjustment before June 20, 1917, when the adjustment
was 53 million dollars, the amount reported by national banks.
ALL MEMBER BANKS
discount or purchase. The figures for December 31,
1917, May 10, 1918, and June 29, 1918, also include
State member banks' liabilities under letters of credit,
as it is not practicable from available information to
distinguish between such liabilities and acceptance
liabilities.
Other liabilities. The principal components of this
residual item on December 31, 1941, were due to own
foreign branches $148,921,000, expenses accrued and
unpaid $98,807,000, income collected but not earned
$76,373,000, dividends declared but not yet payable
$37,902,000, securities borrowed $4,102,000, and suspense credits and miscellaneous liabilities $60,237,000.
Through March 4, 1935, however, the item was made up
principally of the national banks' liabilities on note circulation, arrangements for the retirement of which were
made in 1935.-'' The composition of the item has changed
from time to time, partly as a result of rulings as to
whether certain transactions resulted in deposits or in
other liabilities, as already mentioned, but particularly
as a result of changes in the composition of "capital
accounts," described later.
Capital accounts. The captial accounts shown in the
tables on assets and liabilities are common stock, preferred stock (beginning with June 30, 1933), surplus, undivided profits, and reserves for contingencies, etc.
(beginning with October 3, 1928).
The sum of the figures of common and preferred
stock represents for national banks either (1) the par
value of common and preferred stock, or (2) the
book value of the entire capital account (total assets less total liabilities other than capital), whichever
was the smaller in the case of each bank taken individually. For State member banks the figures beginning with December 31, 1938, represent either (1)
the par value of common and preferred stock and the
face amount of capital notes and debentures, or (2)
the book value of the entire capital account less reserves for contingencies (total assets less liabilities and
reserves for contingencies), whichever was the smaller.
Before December 31, 1938, the figures for State member
banks with capital notes and debentures outstanding
represent either (1) the par value of common stock
and the face amount of capital notes and debentures,
or (2) the book value of the entire capital account less
reserves for contingencies and for retirement of capital
notes and debentures, whichever was the smaller; and
for State member banks with no capital notes and
debentures outstanding, either (1) the retirable value
of preferred stock plus the par value of common stock,
or (2) the book value of the entire capital account less
reserves for contingencies and for retirement of preferred stock, whichever was the smaller.27
The figures in the column headed "preferred stock"
are the aggregate par values of such stock plus the
face amounts of capital notes and debentures issued
by State member banks (national banks do not issue
them). Preferred stock was not issued by member
banks before the banking holiday of 1933. On
December 31, 1934, the total retirable value of preferred stock plus the face amount of capital notes
and debentures was 688 million dollars, and on
December 31, 1941, 374 million, compared with a total of
33
The liability of national banks for their notes in circulation was
generally between 600 and 700 million dollars during the 1920's; it
was increased somewhat in 1932-1934, but was extinguished in the
summer of 1935, when bonds bearing the circulation privilege were
retired and issuing banks deposited funds with the Treasury for redemption of outstanding notes. See introductory text to Section
II, p. 406, and Table 110, p. 409.
27
Capital notes and debentures (a form of preferred capital)
have no "par" and "retirable" values like preferred stock.
7.1
par or face value of 674 and 277 million, respectively,
shown in the "preferred stock" column of Table 18.
The figures of common stock through December 31,
1932, are aggregate par values. Beginning with June 30,
1933, they represent the difference between (1) the aggregate amounts of common and preferred stock and
capital notes and debentures, determined in the manner
described above, and (2) the par value of preferred
stock and the face amount of capital notes and debentures. On December 31, 1934, the total par value
of common stock was 1,994 million dollars and on December 31, 1941, 2,088 million, compared with the book
value figures 1,990 million and 2,085 million, respectively, shown in the "common stock" column,
"Surplus" and "undivided profits" are the net amounts
formally transferred to these accounts up to the respective call dates, but no amount 'reported as "book" surplus
or undivided profits was included as such if, under the
formula described in the second paragraph of this subsection, the capital stock was impaired.
The figures of undivided profits are not fully comparable for the period as a whole for two principal
reasons: (1) Amounts reserved for interest, taxes, and
other expenses accrued are included in undivided profits
before September 28, 1925, and in "other liabilities"
thereafter. The amounts set aside for such expenses were
reported as 133 million on September 28, 1925, 115
million on December 29, 1920, and 18 million on September 12, 1916; the figures are not available for all
member banks as a whole from April 28, 1921, to June
30, 1925. (2) Before October 3, 1928, the figures of
undivided profits include reserves for dividends, contingencies, etc., which on that date were reported as 120
million dollars. In the tables here presented such reserves are included in the column "reserves for contingencies, etc." Of less importance is the fact that undivided profits before December 31, 1938, included some
reserves for dividends payable in common stock—$5,544,000 on that date.
No figures are shown before October 3, 1928, for
reserves for contingencies, etc., because as already stated
such reserves were formerly. included in undivided
profits. The December 31, 1941 figure for this item is
made up as follows:
Reserves for contingencies
,
$312,467,000
Retirement account (preferred stock and capital notes
and debentures) a
25,835,000
Reserves for dividends payable in common stock*
0,603,000
Reserves for other undeclared dividends and for accrued
interest on capital notes and debentures
9,793,000
a
These accounts were not established until preferred stock was
issued following the banking holiday in 1933.
Before December 31, 1938, the figures of reserves
for contingencies, etc., include some "valuation
allowances" or "unallocated charge-offs" now required
to be offset against appropriate asset items; and before
December 31, 1932, the figures include dividends declared but not yet payable and some reserves for
interest, taxes, and other expenses accrued and unpaid,
which since have been included in "other liabilities,"
and some reserves for depreciation on banking house,
furniture and fixtures, which since then have been deducted from assets. Beginning with December 31, 1938,
the^ figures also include reserves for dividends payable
in common stock, which were included in undivided
profits before December 31, 1938, and reserves for other
undeclared dividends and for accrued interest on
capital notes and debentures, which were included in
undivided profits before October 17, 1934, and in
"other liabilities" from that date to September 28,
1938.
72
BANKING AND MONETARY STATISTICS
NO. 1S-ALL MEMBER BANKS-PRINCIPAL ASSETS
[Amounts in millions of dollars]
Loans and investments
Investments
Call date
Total
Loan?
Total
U.S.
Government
obligations
Total
Cusassets
Cash Bank
RetomBalBal- items premserves
in
isegj Other ers' SecuCash
ances ances
'with
Numlia- rities Other
with
in
ber
with proc- furni- real
Federal
of
ture estate bility bor- assets
ess
Reserve vault domes- foron rowed
and
eign 1 of
banks
tic
Other .Banks
acaecuTotal
banks i banks collec- fixtion
lirtbili-j
cept
ritiea
tures
ties
ances
1914— Dec. 31
8,498
6,419
2,079
760
1,319
266
739
1,163
332
273
43
62
69 11,444
7,582
1915— Mar 4
May 1
June 23
Sept. 2 .
Nov. 10
Dec. 31
8,570
8,707
8,764
9,048
9,693
9,861
6,563
6,705
6,720
6,965
7,483
7,622
2,007
2,002
2,044
2,083
2,210
2,239
747
750
749
747
745
742
,260
,252
,295
,336
,465
,497
295
295
317
324
376
414
788
794
862
920
935
895
1,353
1,322
1,282
1,443
1,637
1,563
238
411
252
336
410
541
274
271
280
283
286
288
44
50
44
45
45
46
16
38
41
45
42
42
40
37
37
49
44
43
57
50
55
11,657
11,936
11,887
12,512
13,506
13,741
7,607
7,614
7,615
7,630
7,640
7,631
10,252
1916— May 1
June 80 . .. 10,315
10,732
Sept. 12
Nov. 17 . 11,259
Dec. 27
11,275
7,898
7,964
8,263
8,712
8,714
2,354
2,351
2,469
2,547
2,561
710
703
703
697
690
,644
,648
,766
,850
,871
438
490
554
674
733
859
834
870
886
913
1,767
1,564
1,748
2,057
1,873
704
531
474
612
494
292
293
300
302
304
48
48
49
49
49
62
70
83
107
106
32
32
31
31
32
50
49
58
58
71
14,506
14,227
14,900
16,035
15,850
7,605
7,606
7,618
7,614
7,614
1917— Mar. 5
May 1
June 20
Dee. 31
11,701 9,096
11,985 fl.208
12,453 9,370
16,896 12,316
2,605
2,777
3,083
4,580
687
748
1,065
1,759
1,918
2,029
2,018
2,820
778
802
862
1,497
934
877
791
628
2,056
1,897
1,695
2,129
513
720
557
1,211
304
311
316
376
49
48
48
60
101
114
149
8352
32
34
52
133
67
67
60
266
16,53$
16,854
16,987
23,546
7,614
7,629
7,653
7,907
1918— May 10.
June 29
Nov. 1 .
Deo. 31
18,673
18,507
20,981
20,593
12,667
13,233
14,550
14,224
6,006
5,274
6,431
6,368
3,203
2,465
3,591
3,472
2,803
2,809
2,840
2,896
1,536
1,565
1,520
1,655
575
482
571
675
1,870
1,906
2,036
2,194
895
752
1,195
1,649
400
404
424
429
63
66
69
67
^394
§371
488
460
110
132
244
197
149
182
156
233
24,665
24,365
27,084
28,152
8,132
8,213
8,596
8,692
1919— Mar. 4
June 30
Nov. 17
Dec. 31
21,484
22,242
24,187
24,778
13,877
15,414
17,423
18,149
7,607
6,827
6,765
6,630
4,652
3,803
3,494
3,324
2,955
3,024
3,271
3,306
1,633
1,724
1,825
1,904
564
559
603
691
2,137
2,125
2,575
2,519
1,122
1,667
2,026
2,236
432
448
475
483
6S
69
71
69
432
440
539
625
178
240
174
188
191
221
169
208
28,240
i 29,735
32,044
33,701
8,725
8.822
8,995
9,066
1920— May 4
June 30
Nov. 15
Dec. 29,
25,418
25,559
25,769
... 25,531
19,198
19,533
19,852
19,555
6,220
6,026
5,917
5,976
2,958
2,811
2,655
2,619
3,262 1,866
3,215 '1,839
3,262 1,827
8,357 1,763
621
622
611
678
1,874
1,824
1,774
1,577
1,550
1,970
2,067
1,600
510
522
557
566
71
69
72
74
655
652
619
567
129
135
136
145
428
425
484
485
1921—Apr. 28
June 30
Dec. 31
24,390 18,487
24,121 18,119
23,482 17,394
5,903
6,002
6,088
2,496
2,561
2>581
3,407
3,441
3,507
1,654
1,625
1,758
564
530
478
1,325
1,354
1,450
1,140
1,635
1,361
593
609
643
83
SI
87
472
413
344
135
103
109
3S6 30,743
380 30,849
313 30,025
9,698
9,745
9,779
1922— Mar. 10
June 30
Dec, 29
23,278 17,080
24,182 17,165
2:5,579 17,930
6,198
7,017
7,649
2,701
3,205
3,754
3,497
3,812
3,896
1,723
1,835
1,939
469
465
562
1,614
1,647
1,806
1,306
1,954
2,159
657
680
712
100
109
123
295
299
373
90
68
59
323 20,855
356 31,593
420 33,732
9,816
9,892
9,859
1923— Apr. 3
June 30
Sept. 14
Dec. 31
26,141
26,507
26,319
26,487
18,419
18,750
18,719
18,842
7,722
7,757
7,600
7,645
3,849
3,835
3,685
3,603
3,873
3,922
3,915
4,042
1,909
1,871
1,869
1,900
518
429
523
561
1,774
1,596
1,640
1,824
1,694
1,634
1,648
2,516
731
752
768
787
134
145
145
148
378
334
296
392
59
56
57
59
361
341
325
355
9,850
9,855
9,843
9,774
1924— Mar. 31
June 30
Oct. 10
Dec. 31
26,663 19,045
27,167 19,204
28,311 19,713
28,746 19,933
7,618
7,963
8,599
8,813
3,534
3,575
3,866
3,874
4,084
4,387
4,733*
4,939
1,893
1,965
2,121
2,228
494
504
528
597
1,644
1,940
2,430
2,339
2,239
2,457
1,805
2,794
814
837
843
861
156
156
150
161
387
286
331
462
57
56
52
54
342! 134,690
351 35,717
416 36,997
4»7 ,1»,73S '
9,681
9,650
9,635
9,587
1925— Apr. 6
June 30
Sept. 28
Dec. 31
29,046
29,518
30,176
30,884
20,178
20,655
21,285
21,996
8,869
8,863
8,890
8,888
3,894
3,780
3,761
3,728
4,975
5,082
5,129
5,160
2,092
2,191
2,147
2,238
523
524
525
575
2,091
2,017
2,031
2,155
1,908
2,695
2,019
3,180
879
905 1
919
927
167
167
172
171
477
375
384
,498
41
39
43
50
512 • 37,735
514 38,946
473 j 38,888
41,146
468 ;
9,531
9,538
9,539
9,489
192ft— Apr. 12
June 30
Dec. 31
30,819 21,785
31,184 22,060
31,642 22,652
9,034
9,123
8,990
3,805
3,745
3,389
5,229
5,378
5,601
2,136
2,236
2,210
540
534
523
1,934
1,980
2,066
2,315
2,633
3,069
956
969
998
174
173
174
486
431
513
45
45
44
449 39,854
453 140,638
537 41,775
9,412
9,375
9,260
1927— Mar. 23
June30__:___
Oct. 10 .
Dec. 31
31,949
32,756
33,186
34,247
22,327 9,622
22,938 9,818
23,227 •9,959
23,886 10,361
3,835
3,796
3,856
3,978
5,787
6,022
6,103
6,383
2,321
2,280
2,320
2,514
538
538
539
523
1,896
1,968
2,077
2,210
197
203
209
201
1,998
2,832
2,463
2,493
1,012
1,037
1,060
1,067
178
176
181
177
500
502
576
700
42
34
29
35
281
274
251
289
40,913 9,144
42,600 1 9,099
42,891 9,087
44,456 9,034
1928— Feb. 28
June 30
Oct. 3
Dec. 31
33,688
35,061
34,929
35,684
23,099
24,303
24,325
25,155
10,589
10,758
10,604
10,529
4,216
4,225
4,386
4,312
6,374
6,534
6,218
6,217
2,367
2,342
2,348
2,409
526
449
519
564
1,941
1,897
2,026
2,124
213
205
170
190
2,134
2,345
2,655
4,665
1/078
1,099
1,106
1,107
181
184
178
178
695
710
727
930
29
38
37
36
276
325
355
370
43,127
44,635
45,050
48,258
8,983
8,929
8,896
8,837
1929— Mar, 27
June 29
Oct. 4
Dec. 31
35,393
35,711
35,914
35,934
24,945 10,448
25,658 10,052
26,165 9,749
26,150 9,784
4,454
4,155
4,022
3,863
5,994
5,898
5,727
5,921
2,339
2,359
2,322
2,374
517
433
497
558
1,741
1,885
2,005
2,168
178
157
135
140
3,470
2,339
3,158
3,896
1,118
1,170
1,175
1,190
836
185
180 -802
989
1S3
184 1,252
49
36
33
36
372
381
343
376
46,198
45,454
46,754
48,108
8,755
8,707
8,616
8,522
For footnotes, see end of table, pp. 74-75.
33,123
33,618
33,018
32,985 ,
33,699
33,660
33,590
j 35,029
9,291
9,399
9,567
9,606
ALL MEMBER BANKS
73
AND LIABILITIES ON CALL DATES, 1914-1941
[Amounts in millions of dollars]
Deposits
Call date
Total
Capital accounts
U.S.
Inter- Gov- Postal
bank ' ern- 8 sav-4
ment ings
Other
demand
Other
time
Borrowings
Accept- Other
ances liaout- bilistand- ties
ing
Memoranda
Re-
Total
Com- Premon ferred
stock stock5
Surplus
Undivided
profits6
Defor
mand
Net
condede;
tin- posits mand
genaddecies, justed 7 posits7
etc.6
19U— Dec 31
8,305
1,877.
71
36
5,125
1,198
133
913
2,093
1,075
735
283
4,793
6,235
1915— Mar 4
May 1
June 23
Sept. 2
Nov 10
Dec. 31
8,666
8,967
8,894
9,437
10.389
10,636
2,252
2,234
2,216
2,486
2,734
2,761
58
46
48
44
40
35
39
40
41
44
48
49
5,092
5,367
5,278
5,491
6,152
6,334
1,225
1,280
1,310
1,373
1,415
1,457
96
91
98
106
104
99
13
27
33
797
780
770
827
840
848
2,098
2,097
2,124
2,129
2,146
2,126
1,076
1,075
1,078
1,087
1,088
1,087
732
727
730
738
739
742
290
295
316
303
320
297
4,853
4,956
5,025
5,155
5,742
5,793
6,622
6,735
6,811
7,145
7,879
7,971
1916— May I
June 30
Sept. 12
Nov 17
Dec. 27
11,404
11,133
11,737
12,893
12,661
3,022
2,738
2,958
3,397
3,303
34
39
34
34
35
56
60
69
77
81
6,661
6,581
6,892
7,522
7,340
1,630
1,715
1,784
1,862
1,902
64
69
95
80
95
62
74
81
103
108
827
808
803
746
754
2,148
2,143
2,184
2,213
2,231
1,087
1,085
1,091
1,095
1,096
741
747
754
762
767
321
310
339
357
368
5,957
6,050
6,417
6,911
6,847
8,336
8,226
8,804
9,567
9,502
1917— Mar. 5
May 1
June 20
Dec 31
13,396
13,651
13,397
18,668
3,734
3,438
3,096
3,640
34
35
141
649
86 7,503
88 7,915
93 7,856
99 11,220
2,039
2,175
2,211
3,057
75
95
327
783
109
119
158
»353
739
731
797
937
2,218
2,258
2,307
2,807
1,100
1,111
1,123
1,311
778
791
799
1,085
339
355
384
411
6,991
7,195
7,299
10,010
10,044
9.869
9,690
12,487
1918— May 10
June 29
Nov 1
Dec. 31
19,242
18,981
20,864
21,457
3,349 1,459
3,278 1,521
3,435 1,708
472
3,794
98
100
97
103
11,087
10,786
12,070
13,357
3,249
3,295
3,554
3,732
,043
,022
,912
.876
"409
964
976
»386
522 1,165
481 1,118
3,005
3,002
3,222
3,220
1,367
1,381
1,442
1,459
,143
,158
,223
,255
496
464
557
506
10,192
10,034
10,875
11,709
12,451
12,217
13,322
14,563
1919— Mar. 4
June 30
Nov. 17i
Dec 31
21,511
22,833
25,183
26,139
3,797
3,651
4,079
4,091
884
902
386
649
100
94
88
87
12,737
13,937
15,668
16,094
3,992
4,249
4,962
5,217
,962
,927
2,257
2,347
451
466
566
641
1,035
1,159
1,052
1,032
3,280
3,350
3,587
3,542
1,466
1,490
1,566
1,594
,269
,293
1,344
1,376
545
567
678
573
11,616
12,269
13,642
13,859
14,160
14,725
16,261
16,581
1920— May 4
June 30
Nov. 15
Dec. 29
24,871
25,401
25,106
24,220
3,524
3,461
3,202
3,062
190
260
220
316
83
83
73
42
15,409
15,769
15,54114,653
5,664
5,828
6,071
6,146
2,755
2,701
3,080
3,036
674
990
674
989
648
997
594 1,016
3,833
3,853
4.086
4.120
1,696
1,717
1,787
1,799
1,447
1,480
1,519
1,527
691
656
780
"94
13,859
13,799
13,474
13,053
16,426
16.422
15,925
15,345
1921— Apr 28
June 30
Dec. 31
22,830
23,350
23,247
2,665
2,688
2,835
273
390
306
40 13,549
49 13,905
44 13,656
6,303
6,318
6,406
2,313
2,022
1,364
504
432
369
941
913
952
4,156
4,133
4,093
1,850
1,859
1,868
1,552
1,558
1,557
753
716
668
12,409
12,271
12,296
14,389
14,321
14,449
23,660
1S22— Mar. 10
June 30 ^ ._ 25,547
27,288
Dec. 29
3,142
3,124
3,453
330
156
462
43 13,526
46 15,091
58 15,728
6.620
7,129
7,587
758
592
727
317
321
400
935
920
954
4,185
4,214
4,364
1,886
1,912
1,941
1,561
1,584
1,626
738
718
797
12,220
13,137
13,569
14,498
15.539
16,203
1923— Apr. 3
June 30
Sept. 14
Dec. 31
27,200
27,088
26,942
28,507
3,474
3,184
3,166
3,476
404
296
144
237
58
61
62
65
15,179
15,229
15,165
16,144
8,085.
8,317
8,404
8,586
815
944
983
808
421
365
318
426
907
902
911
910
4,356
4,367
4.436
4,378
1,980
1,998
2,004
2,003
1,631
1,632
1,627
1,641
745
737
805
733
13,485
13,595
13,518
13,628
16,086
16,065
15,919
16,377
1924— Mar. 31
June 30
Get 10
Dec. 31
28,270
29,566
30,795
32,384
3,447
3,820
4,453
4,504
292
179
302
242
76
94
100
98
15,642
16,363
16,442
17,832
8,814
9,110
9,498
9,707
614
443
325
408
413
305
357
498
924
918
925
917
4,468
4,486
4,594
4,532
2,022
2,030
2,035
2,037
1,650
1,670
1,683
1,707
796
787
877
787
13,403
13,906
14,637
15,038
16.112
16", 838
17,804
18,468
1925— Apr. 6
June 30
Sept. 28
Dec. 31
31,249
32,457
32,075
34,250
4,041
3,978
3,828.
4,169
412
177
278
304
99
96
96
96
16,669
17,922
17,502
19,124
10,028
10,286
10,372
10,557
486
565
717
740
518
408
425
540
814
825
984
938
4,669
4,690
4,688
4,678
2,078
2,086
2,093
2,105
1,732
1,751
1,760
1,833
859
853
835
740
14,761
15,227
15,483
15,943
17,708
18,277
18,258
19,260
1926— Apr. 12
June 80
Dec. 31
32,893
33,762
34,528
3,802
3,935
4,003
379
228
234
99 17,758 10,855
96 18,426 11,077
100 18,852 11,340
635
617
792
525
468
551
974
959
959
4,826
4,832
4,944
2,162
2,169
2,203
1,881
1,900
1,955
783
763
786
15,442
15,794
15,783
18,392
18,805
18.922
1927— Mar. 23
June 30
Oct. 10
Dec. 31
33,750
35,393
35,476
36,657
3,834
4,071
4,148
4,542
407
218
435
267
106
107
111
107
17,691
18,895
18,433
19,083
11,711
12,103
12,348
12,658
560
559
546
696
983
535
965
536
972
602
744 1,018
5.086
5,147
5,295
5,341
2,248
2,274
2,305
2,338
1,992
2,030
2,049
:::::: 2,124
846
843
941
879
16,063
:::::: 15,694
15,971
16,590
18,542
19,250
19,170
20, 104
1928— Feb 28
June 30
Oct. 3
Dec. 31
35,367
36,050
36,146
39,067
4,131
3,867
4,077
4,308
86
257
159
262
110
108
117
117
18,227
18,487
18,635
21,167
12,813
13,331
13,159
13,212
602
,228
,249
,296
1,023
1,008
1,053
1,024
5,404
5,625
5,842
5,899
2,346
2,415
2,454
2,474
2,144
2,286
2.382
2,441
16,093
914
6,142
924
886 "126" 5,980
152 16,503
833
19,236
19,191
18,995
19,944
1929— Mar. 27
June 29
Oct. 4
Dec 31
36,774
35,866
36,644
37,981
3,622
3,687
3,808
4,310
411
348
315
143
116
115
120
122
19,527
18,663
19,426
20,543
13,099
13,053
12,974
12,862
,255
891 1,103
,302
842 1,098
,299 1,025 1,111
,015 1,306 1,097
6,174
6,345
6,675
6,709
2,563
2,647
2,740
2,757
2,548
2,650
2,811
2,865
918
883
981
910
18,833
18,977
18,952
19.797
731
745
759
972
144
164
144
177
16,057
16,324
16,268
16,647
BANKING AND MONETARY STATISTICS
74
NO. 18-ALL MEMBER BANKS-PRINCIPAL ASSETS
[Amounts in millions of dollars]
Loans and investments
Investments
Call date
Total
Loans
Total
U.S.
Government
obligations
Reserves Cash
in
with
Federal vault
Other Reserve
secu- Banks
rities
Balances
with
domestic
banks1
Cash Bank
Bal- items premin
ances
ises, Other
with proc- furni- real
foress
ture estate
and
of
eign
banks1 collec- fix• tion tures
Cus*tomers* Seculia- rities Other
bility bor- assets
on rowed
acceptances
i Total
assets
Total
labilities
Number
of
banks
1930— Mar. 27
June 30
Sept. 24
Dec. 31
35,056
35,656
35,472
34,860
25,119 9,937
25,214 10,442
24,738 10,734
23,870 10,989
4,085
4,061
4,095
4,125
5,852
6,380
6,639
6,864
2,353
2,408
2,415
2,475
497
484
470
593
1,902
2,360
2,463
2,456
154
129
116
134
2,401 , 1,202
3,600 1,218
1,897 1,231
2,926 1,240
189 1,111
191
929
198
913
191 1,118
26
26
24
21
357
348
361
382
45,248
47,349
45,560
46,395
8,406
8,315
8,246
8,052
1931— Mar. 25
June 30
Sept. 29—..Dec 31
34,729
33,923
33,073
30,575
22,840
21,816
20,874
19,261
11,889
12,106
12,199
11,314
5,002
5,343
5,564
5,319
6,886
6,763
6,635
5,996
2,364
2,396
2,339
1,975
461
519
554
523
2,791
2,517
1,935
1,662
145
169
116
91
1,543
2,488
1,542
2,095
200 1,036
207
888
210
662
212
719
25
20
17
13
483
475
381
338
45,018
44,837
42,049
39,378
7.928
7.782
7,599
7,246
1932—June 30
Sept. 30
Dec. 31
28,001 16,587 11,414
28,045 15,924 12,121
27,469 15,204 12,265
5,628
6,366
6.540
5,786
5,755
5,726
1,998
2,235
2,511
478
407
423
1,731
2,049
2,416
101
90
91
,337 1,166
,237 1,168
,122 I, ISO
233
253
269
459
440
412
12
11
13
340 35,856
356 36,291
368 36,245
6,980
6,904
6,816
1933— June 30
Oct. 25
Dee. 30
24,786 12,858 11,928
24,953 13,059 11,894
25,220 12,833 12,386
6,887
6,801
7,254
5,041
5,093
5,132
2,235
2,651
2,678
405
447
471
2,008
1,917
2,031
108
133
159
,485
,060
,132
982
987
981
227
268
275
424
393
459
7
6
11
371 33,039
353 33,168
413 33,830
5,606
5,818
6,011
1,240
1,234
1,220
1,175
1934— Mar. 5
June 30
Oct. 17
Dec, 31
__ 26,548
27,175
„ 27,559
28,150
12,706
12,523
12,293
12,028
13,842 8,848
14,652 9,413
15,267 9,895
16,122 10,895
4,995
5,239
5,372
5,227
3,148
3,819
3,976
4,082
486
473
550
609
2,376
2,760
2,930
3,149
111
141
185
185
983
,159
,057
998
,407
996
,903 1,001
290
286
304
314
396
253
258
242
6
3
2
2
397
419
447
440
35,901
i 37,383
38,615
40,075
6,206
6,375
6,433
6,442
1935^Mar. 4
June 29
Nov. 1
Dec. 31
28,271
28,785
29,301
29,985
11,953
11,928
11,841
12,175
16,318
16,857
17,460
17,810
11,021
11,430
11,844
12,268
5,298
5,427
5,615
5,541
4,518
4,933
5,662
5,573
534
537
541
665
3,386
3,396
3,760
3,776
135
71
55
51
,476 1,004
,183
999
,756
997
992
2,255
324
339
362
367
218
158
161
179
2
1
1
1
398
317
266
268
40,266
40,719
42,862
44,111
6,422
6,410
6,400
6,387
1936= Mar. 4
June 30
Dec. 31
30,288 12,099 18,189 12,444
32,259 12,542 19,717 13,672
_ 33,000 13,360 19,640 13,545
5,745
6,045
6,095
5,784
5,607
6,572
624
713
697
3,970
3,944
4,066
56
52
55
1,718
2,147
2,533
999
995
982
371
379
367
168
157
179
1
1
1
253 44,233
270 46,524
255 48,708
6,377
6,400
6,376
1937— Mar. 31
June 30
Dec. 31
32,525 13,699 18,826 12,718
32,739 14,285 18,454 12,689
31,752 13,958 17,794 12,372
6,108
5,765
5,422
6,613
6,897
7,005
662
629
589
3,445
3,207
3,414
53
52
70
1,974
2,201
2,259
982
980
971
369
354
343
202
187
155
1
1
231 47,055
207 47,452
186 46,744
6,367
6,357
6,341
1938— Mar. 7
June 30
Sept. 28
Dec. 31
31,521
30,721
31,627
32,070
13,546
12,938
12,937
13,208
17,975
17,783
18.689
18,863
12,452
12,343
13,011
13,223
5,523
5,440
5,678
5,640
7,249
8,004
8,193
8,694
604
712
775
746
3,561
4,084
3,937
4,240
82
116
73
51
1,407
1,899
1.460
1,759
972
967
968
945
342
337
336
470
134
109
113
121
1
1
1
4
255
195
209
231
46,126
47,144
47,692
49,330
6,335
6,338
6,341
6,338
1939— Mar. 29
June 30
Oct. 2
Dec, 30.
32,095
32,603
33,075
33,941
13,047
13,141
13,470
13,962
19,048
19,462
19,605
19,979
113,351
13,777
J13.810
14,328
5,697 9,112
5,685 10,011
5,794 11,617
5,651 11,604
777
712
774
841
4,403
4,674
5,304
5,506
46
43
40
24
1,481
2,183
1,921
1,807
942
934
932
924
461
452
443
418
107
102
81
108
1
4~
1
219
194
211
187
49,645
51,908
54,401
55,361
6,331
6,330
6,339
6,362
1940™Mar. 26
June 29
Dec. 31
34,163 13,939 20,224 14,420
34,451 13,969 20,482 14,722
37,126 15,321 21,805 ,15,823
5,803 12,279
5,761 13,751
5,982 13,992
862
789
991
5, '634
5,751
6,185
23
16
11
1,562
1,523
2,784
922
917
914
404
371
339
9S
79
83
2
4
12
284 56,233
195 57,846
219 62.658
6,377
6,398
6,486
837
999
1,061
1,087
6,340
6,293
6,562
6,246
7
10
7
11
1,796
2,429
2,147
3,383
919
913
915
911
331
319
305
278
81
79
65
72
11
4
9
4
252
193
236
212
6,528
6,556
6,596
6,619
38,983
1941— Apr. 4
June 30.... .. 40,659
41,943
Sept. 24.,
43,521
Dec. 31
15,878
16,729
17,546
18,021
23,104
23,930
24,397
25,500
16,988
18,078
18,338
19,539
6,116
5,852
6,059
5,961
13,531
12,959
13,246
12,396
63,088
64,857
66,497
68,121
1
"Balances with foreign banks" are included in "balances with domestic banks" prior to May 4, 1920, and in "other assets" from May 4,
1920,2 to December 3*, 1926.
Before October 3, 1928, all interbank deposits were reported as "due to banks" and were assumed to be demand deposits. A segregation of
demand and time deposits beginning with October 1928 is given in Table 21,
3
Includes United States Treasurer's time deposits, open account. Such accounts were first opened in November 1938; before that time all
United States Government deposits were demand deposits.
ALL MEMBER BANKS
75
AND LIABILITIES ON CALL DATES, 1914-1941-Continued
[Amounts in millions of dollars]
Deposits
Call date
Total
Capital accounts
U.S.
Inter- Gov- Postal Other
debank 2 ern- 3 sav-4
ment ings mand
Other
time
Borrowings
Accept- Other
ances liabilioutstand- ties
ing
X
Total
Com- Premon ferred
stock stock6
Surplus
Memoranda
Undivided
profits a
Rey
serves Defor
mand
Net
condedetin- posits mand
adgendecies, justed 7 posits7
etc.6
1930— Mar 27
June 30
Sept. 24
Dec. 31
35,784
38,069
36,245
37,029
3,929
,669
,693
,765
325
281
257
267
128
134
144
189
18,290
19,643
17,684
18,796
13,112,
13,342
13,466
13,012
413 1,151 1,141
472
961 1,122
947 1,187
354
513 1,154 1,106
6,760
6,726
6,827
6,593
2,745
2,722
2,729
2,665
2,882
956
2,871
950
2,903 1,009
2-, 822 - 894
177
183
186
211
15,889,
16,043
15,787
15,869
18,489'
19,170
18,657
18,969
1931— Mar. 25
June 30
Sept. 29
Dec 31
35,901
36,123
33,396
30,711
,041
,785
,084
3,320
502
395
526
412
242
279
360
463
17,031
17,696
16,208
15,753
13,084
12,968
12,218
10,764
305 1,079 1,135
232
913 1,138
694 1,109
491
746 1,000
921
6,598.
6,430
6,359
5,999
2,657
2,621
2,581
2,499
2,805
2,741
2,695
2,524
910
804
811
605
225
264
271
370
15,488
15,208
14,666
13,658
18,481
18,357
17,445
16,067
1932— June 30
Sept. 30
Dec 31
27,836
28,417
28,690
3,119
3,557
3,940
387
738
475
610 13,770.
695 13,595
708 13,813
9,950
9,831
9,753
878
739
592
991
490
454 1,110
437 1,117
5,661
5,571
5,409
2,440
2,432
2,410
2,366
2,262
2,148
511
516
439
344 12,433
361 12,358
413 12,691
14,482
14,626
15,193
1933— June 30.
Oct. 25
Dec 30
„_ 26,564
26,584
27,167
3,292
3,200
3,357
806
918
967
788 13,574
781 13,444
778 13,807
8,102
8,241
8,258
205
209
155
442
990
425 1,043
492 1,054
4,837
4,908
4,962
2,150
2,189
2,147
71
86
268
,847
,817
,750
373
413
355
396 12,089
404 12,384
441 12,674
14,156
14,389
14,821
29,280
31,012
32,285
33,848
3,947
4,355
4,742
4,857
1,790
1,658
1,143
1,636
755
585
472
452
14,225
15,318
16,719
17,589
8.,563
9,096
9,210
9,315
101
40
30
19
424 1,089
947
278
901
278
891
263
5,006
5,105
5,120
5,054
2,105
2,023
2,009
1,990
399
630
643
674
,724
,691
,677
,662
376
387
428
391
401
375
364
338
13,066
14,261
15,312
15,686
15,582
17,067
18,408
18,851
1935— Mar. 4, . .. 34,054
June 29
34,938
Nov. 1. . „_ 37,178
Dec. 31
38,454
5,417 1,270
5,393
779
650
6,056
844
6,295
399
307
227
218
17,474 9,493 .
18,713 9,747
20,265 9,981
21,056 10,041
1936— Mar. 4
June 30
Dec. 31
600
6,699
6,608 1,037
882
6,993
1934— Mar. 5
June 30
Oct. 17
Dec. 31
38,473
40,706
42,885
25
16
27
14
235
175
175
198
845
476
310
300
5,107
5,114
5,172
5,145
,972
,960
,926
,925
708
723
727
709
,655
,647
,681
,711
419
436
493
458
354
347
345
343
15,999
17,530
18,509
18,801
19,508
21,045
21,436
22,169
167 20,880 10.128
152 22,432 10,477
104 24,181 10,726
24
20
17
184
178
201
370
385
329
5,182
5,235
5,275
,924
,934
,956
698
633
498
,721
,807
,936
493
520
560
346 19,161
341 20,284
325 21,647
22,499
23,986
25,450
97 23,326 10,908
100 23,601 11,110
95 22,647 11,288
24
17
15
226
212
174
367
394
346
5,325
5,339
5,371
,995
,999
2,010
460
445
420
,953
,971
2,010
581
587
60^
337 21,352
336 21,401
328 20,387
24,669
24,845
23,741
1937— Mar. 31.
June 30
Dec. 31
,. 41,114
41,490
40,839
6,369
6,051
6,028
415
628
781
1938— Mar. 7 .
June 30
Sept. 28
Deo. 31
40,247
41,308
41,770
43,363
6,128
6,563
6,684
7,153
752
543
707
792
90
83
70
59
21,919
22,792
23,056
24,052
11,357
11,328
11,253
11,307
33
12
14
6
145
120
121
139
349
336
376
398
5,352
5,368
5,410
5,424
2,025
2,030
2,035
2,017
403
399
391
386
2,020
2,035
2,047
2,083
612
616
646
636
293
287
292
-303
20,513
20,893
21,596
22,293
23,790
23,890
25,038
25,983
1939— Mar. 29June 30
Oct. 2
Dec. 30-
43,666
45,873
48,430
49,340
7,578
7,846
9,143
9,410
787
708
692
761
56
45
34
33
23,845
25,770
27,039
27,489
11,401
11,504
11,522
11,647
7
5
5
3
121
120
99
124
383
414
337
372
5,467
5,496
5,530
5,522
2.020
2,023
2,028
2,030
374
367
358
333
2,097
2,112
2,121
2,166
671
678
701
675
305
317
323
317
22,364
23,587
25,118
25,681
26,302
27,441
29,652
30,326
1940— Mar. 26
June 29
Dec. 31
50,178 9,599
51,729 9,690
56,430 10,423
750
744
651
28 28,022 11,779
26 29,400 11,869
22 33,213 12,122
2
3
3
109
94
97
383
412
430
5,562
5,608
5,698
2,035
2,038
2,053
313
320
307
2,180
2,207
2,280
715
711
721
319 26,461
332 27,877
340 30,429
31,160
32,514
35,26?
1941— Apr. 4
June 30
Sept. 24
Dec. 31
56,824
58,512
60,105
61,717
3
3
10
4
93
94
78
86
414
449
450
426
5,754
5,800
5,852
5,886
2,058
2,064
2,071
2,085
299
295
282
277
2,294
2,319
2,340
2,394
758
768
802
775
345
354
357
355
31,576
32,678
33,822
33,754
36,381
37,411
38,957
39,708
559
10,645
10,436
655
10,944
813
10,525 1,743
18
18
17
16
33,372
35,107
35,969
37,136
12,229
12,295
12,361
12,296
4
Prior to June 30, 1921, figures represent postal savings deposits at national banks only; such deposits at State member banks on that date
amounted to approximately 13 million dollars. Under specific provisions of law, postal savings deposits were subject to the reserve requirements
applicable to time deposits from June 21, 1917, to August 23, 1935, but they were in fact demand deposits until the passage of the Banking Act of
1933,8 when the terms under which such deposits were made were amended so as to conform to the definition of time deposits.
Includes capital notes and debentures issued by State member banks (national banks do not issue them). Preferred stock was not issued
by member banks before the banking holiday of 1933.
6
The composition of undivided profits and reserves has been changed from time to time; see introductory text, p. 71.
7
For definitions of "demand deposits adjusted" and "net demand deposits" see introductory text, p. 65.
8
Includes customers' liability to State member banks under letters of credit.
8
Includes letters of credit issued by State member banks.
BANKING AND MONETARY STATISTICS
76
NO. 19-ALL MEMBER BANKS-CLASSIFICATION OF LOANS ON CALL DATES, 1928-1941
[In millions of dollars]
Acceptances
payable
in U. S.
Total
loans
Call date
Total i
Eea estate loans
Loans on securities, except to banks
Open market paper
Bills
Commerpaycial
able
Own Accept- abroad paper
accept- ances
bought
l
ances of •other
banks
To brokers
and
dealers
Total
In
New
York
City
To
others
On
farm
land
Total
Outside
New
York
City
On
other
real
estate
Loan*
to
banks
Other1
loans
24,325
25,155
638
602
80
109
101
103
457
390
8,545
9,903
1,899
2,556
850
975
5,796
6,373
3,088
3,122
421
412
2,668
2,711
548
538
11,507
10,991
1929— Mar 27
24,945
25,658
June 29
Oct. 4 .... .. 26,165
26,150
Dec. 31
614
447
390
582
146
108
93
212
93
90
70
80
376
249
228
291
9,419
9,759
9,994
10,148
1,879
2,025
1,885
1,660
1, 014
921
939
803
6,526
6,813
7,170
7,685
3,123
3,164
3,152
3,191
403
404
392
388
2,720
2,760
2,760
2,803
548
670
640
714
11,240
11,618
11,988
11,515
1930— Mar. 27
June 30
Sept. 24
Dec. 31
25,119
25,214
24,738
23,870
753
748
790
736
175
170
205
315
79
71
62
55
499
507
523
366
10,074
10,425
10,336
9,439
2,344
2,365
2,472
1,498
706
819
774
675
7,024
7,242
7,090
7,280
3,170 :
3,155
3,164
3,234
394
386
387
387
2,776
2,769
2,776
2,847
527
535
466
631
10,595
10,349
9,982
9,831
1931 Mar 25
June 30
Sept. 29
Dec. 31
22,840
21,816
20,874
19,261
823
885
635
443
116
361
389
268
146
101
11370
41
361
384
296
140
9,054
8,334
7,770
6,865
1,630
1,217
928
575
575
515
521
391
6,848
6,602
6,321
5,899
3,219 !
3,218
3,149 •
3,038
386
388
376
359
2,834
2,830
2,773
2,678
446
457
599
790 i
9,298
8,922
8,722
8,126
1932— June 30. ..... 16,587
15,924
Sept. 30
15,204
Dec. 31
658
714
723
189
158
225
313
407
375
34
34
30
122
115
93
5,570
5,500
5,205
278
414
357
283
258
241
5,009
4,828
4,608
2,894 j
2,885
2,862
363
368
356
2,531
2,517
2,505
573 i
457 |
444
6,892
6,368
5,970
1933—June 30
Oct. 25
Dec. 30
12,858
13,059
12,833
594
748
604
192
257
213
291
303
223
25
24
37
87
164
132
4,704
4,557
4,611
788
748
840
165
178
166
3,752
3,631
3,606
2,372
2,364
2,359
308
311
318
2,064
2,052
2,041
330
297
287
4,857
5,092
4,972
1934— Mar. 5
June 30
Oct. 17
Dec. 31
12,706
12,523
12,293
12,028
782
694
788
752
250
210
229
232
350
264
276
256
26
20
30
31
157
200
253
232
4,499
4,598
4,126
4,140
855
1,082
802
843
164
208
167
187
3,480
3,309
3,158
3,110
2,382
2,357
2,297
2,273
298
280
266
262
2,084
2,077
2,030
2,012
225
153
149
155
4,817
4,721
4,932
4,708
1935— Mar. 4
June 29
Nov. I
Dee. 31
11,953
11,928
11,841
12,175
732
600
600
651
207
135
159
169
235
201
154
181
34
17
27
29
255
247
260
272
4,091
4,098
3,905
4,136
875
975
841
1,047
184
192
179
196
3,031
2,931
2,885
2,893
2,250
2,277
2,279
2,2S4
263
259
252
251
1,987
2,019
2,027
2,033
133
119
94 i
98
4,748
4,834
4,963
5,006
1936— Mar. 4
June 30
Dec. 31
12,099
12,542
13,360
625
557
634
156
117
131
164
144
161
25
18
18
280
278
324
4,132
4,209
4,195
1,089
1,079
1,144
211
266
266
2,832
2,863
2,785
2,301
2,340
2,405
253
256
258
2,048
2,084
2,146
82
81
85
4,960
5,355
6,041
1937— Mar. 31
June 30
Dee. 31
13,699
14,285
13,958
707
636
642
128
113
130
170
131
126
22
15
23
386
377
364
4,233
4,365
3,703
1,159
1,278
738
258
258
212
2,816
2,829
2,752
2,440
2,505
2,547
260
265
265
2,181
2,241
2,283
99 j 6,220
115
6,663
70 | 6,996
1938— Mar. 7
June 30
Sept. 28
13,546
12,938
12,937
607
492
484
119
112
112
102
73
87
19
13
13
368
293
271
3,543
3,316
3,302
675
523
531
203
178
181
2,665
2,614
2,590
2,556
2,613
2,661
269
273
275
2,2S7
2,340
2,386
96
120 1
126
1928— Oct. 3
Dec 31
5
6,745
6,397
6,364
t
Total
loans
Call date
Commercial
loans
Acceptances
payable in
U.S.
Agricultural
loans
Total
Real estate loans
Loans for
purchasing
or carrying
securities
Open market paper
ComBills
merTo
payTo
broable
cial
Own Accept- abroad paper
kers others
iccept- ances
bought and
ances c f other
dealers
banks
On
farm
land
Total
On
residential
property
Other
Loans
to
banks
Other
loans
._ 13,208
1938— Dec. 31
4,737
712
442
95
88
10
249
973
775
2,716
278
1,720
717
125
2,728
13,047
13,141
13,470
13,962
4,760
4,783
771
788
427
420
92
100
71
67
9
9
254
245
838
731
733
736
2,749
2,828
279
284
1,726
1,776
743
768
99
58
2,671
2,796
1939— Mar. 29
June 30,. _ „_
Oct. 22
Dec. 30
._
5,386
730
455
92
63
I
291
790
700
2,957
289
1.884
784
56
2,888
1940— Mar. 26-—.... 13,939
June 29 . . 13,969
15,321
Dec. 31
5,538
6,204
736
865
450
456
89
74
46
56
5
4
309
321
447
642
668
652
3,069
3,228
296
299
1,978
2,118
795
810
42
43
3,020
3,230
1941— Apr. 4 2
June 30 2
Sept. 24
Dec. 31
7,270
738
537
79
52
6
399
575
635
3,365 | 305
2,254
807
44
3,565
8,064
972
607
78
45
7
478
594
598
3,494
2,396
803
39
3,653
15,878
.._ 16,729
17,546
18,021
295
3
1
1
Reporting banks' "own acceptances'* are included in "other loans"'prior to December 1931.
Beginning with October 1939 a detailed classification of loans has not been required as of spring and autumn call dates.
ALL MEMBER BANKS
77
NO. 20-ALL MEMBER BANKS-CLASSIFICATION OF INVESTMENTS ON CALL DATES, 1928-1941
[In millions of dollars]
Other domestic securities
U. S. Government obligations
Direct
Guaranteed
Total
investments
Call date
Total
Bills'
Notes
Bonds
ObligaBonds, notes, and
tions
of
debentures
States
and
polit- Total Government
ical
agencies
subOther
not
UtildiviRailguar- roads3 ities3
sions
anteed
byU.S.2
Corporate
stocks
Foreign
securities
F. R.
Bank
Other
Total
securities
maturing in
5 years
or less
1928— Oct. 3
Dec 31
10,604
10,529
4,386
4,312
529
554
779
729
3,078
3,028
1,342
1,369
4,180
4,164
879
896
1,002
985
1,751
1,701
145
146
404
436
696
684
1929— Mar 27
June 29
Oct 4
Dec. 31
10,448
10,052
9,749
9,784
'4,454
4,155
4,022
3,863
528
446
365
249
805
704
665
520
3,122
3,005
2,992
3,094
1,318
1,295
1,286
1,393
4,024
3,967
3,829
3,899
863
832
787
786
958
932
903
906
1,609
1,576
1,469
1,478
154
158
167
171
439
469
504
559
653
635
612
629
1930— Mar 27
June 30
Sept 24
Dec. 31
9,937
10,442
10,734
10,989
4,085
4,061
4,095
4,125
273
259
334
369
524
463
418
485
3,288
3,340
3,343
3,271
1,332
1,403
1,561
1,692
3,911
4,289
4,377
4,457
781
914
939
983
980
1,048
1,075
1,101
1,448
1,593
1,620
1,619
173
170
170
167
528
565
573
587
610
689
701
715
1931 Mar 25
June 30
Sept 29
Dec. 31
11,889
12,106
12,199
11,314
5,002
5,343
5,564
5,319
899
901
914
679
332
403
371
441
3,771
4,039
4,279
4,199
1,768
1,701
1,748
1,563
4,414
4,420
4,224
3,893
1,004
1,016
987
941
1,103
1,116
1,028
942
1,566
1,535
1,483
1,340
167
165
164
158
574
587
562
511
705
642
662
540
1932— June 30
Sept. 30
Dec 31
11,414
12,121
12,265
5,628
6,366
6,540
962
881
795
503
1,337
1,649
4,B3
4,148
4,096
1,635
1,674
1,751
3,676
3,625
3,525
902
887
864
892
883
853
1,234
1,201
1,188
153
152
150
495
502
470
475
456
450
1933—June 30
Oct 25
Dec. 30
11,928
11,894
12,386
6,887
6,801
7,254
1,113
720
927
2,049
1,960
1,916
1,744
3,725
4,122 ..„.„ 1,791
1,789
4,411
2,942
2,962
3,030
734
732
719
712
718
705
945
939
1,010
137
139
140
415
435
456
355
339
313
1934— Mar. 5
June 30
Oct. 17
Dec. 31
13,842
14,652
15,267
16,122
8,667
9,137
9,186
9,906
1,571
1,427
1,361
1,030
2,724
2,871
3,371
4,217
4,373
4,838
4,454
4,659
181
276
709
989
1,844
1,851
1,972
1,965
2,868
3,111
3,146
3,018
189
471
482
364
735
736
785
793
709
712
713
715
653
643
623
629
143
146
147
147
438
404
396
371
283
277
253
244
1935— Mar. 4
June 29
Nov. 1
Dee. 31
16,318 9,821
16,857 9,871
17,460 10,080
17,810 10,501
964
1,099
1,131
1,192
4,226
4,314
5,281
5,403
4,631
4,458
3,668
3,905
1,200
1,558
1,764
1,768
2,017
2,118
2,224
2,178
3,042
3,063
3,132
3,120
405
303
285
273
810
825
824
822
717
765
838
•856
585
640
680
660
147
146
130
130
378
383
375
379
239
246
259
244
1936— Mar 4
June 30
Dec. 31
18,189 10,564
19,717 11,721
19,640 11,639
1,327
1,266
1,053
5,444
5,161
4,527
3,794
5,295
6,060
1,880
1,950
1,906
2,270
2,280
2,226
3,215
3,515
3,632
308
345
296
869
948
992
840
926
1,002
694
750
801
131
131
131
373
415
411
260
250
236
1937
18,825 10,856
18,453 10,870
17,794 10,574
921
821
662
4,030
4,361
4,277
5,906
5,689
5,635
1,861
1,819
1,797
2,350
2,150
2,047
3,509
3,387
3,194
299
289
280
993
957
886
914
871
794
761
736
705
132
132
133
410
401
397
249
228
181
797
316
313
286
4,297
3,653
3,707
3,389
5,531
6,246
6,693
7,208
1,827
2,128
2,298
2,340
2,209
2,143
2,317
2,448
3,136
3,119
3,177
3,008
275
288
277
331
866
833
826
787
775
763
773
766
676
699
763
666
133
134
134
134
412
403
404
324
178
178
184
184 ^7,497
2,660
2,831
2,920
3,144
652
183 *6,973
317
370
135
712
2,555 2,960
773
662
312
135
747
380
191 "7,574
705
2,554 2,940
2,764
2,692 "2^771" "In" ""73l" ""605" """621" "~"l36~ ""362" ""l88"
Mar 31
June 30
Dec 31
1938— Mar. 7
June 30
Sept 28
Dec. 31
17,975
17,783
18,689
18,863
10,625
10,215
10,713
10,882
-
303 2,604 7,783
19,048 10,690
1939— Mar. 29
441 2,720 7,786
June 30 . . 19,462 10,946
19,605 10,891
Oct. 23
19,979 11,184 ""563" ~2~223~ ~M98~
Dec. 30
1940— Mar. 26"
June 29
Dec. 31
3,107
20,224 11,314
20,482 11,600 ""797" "2~543" ~M6i" 3,121
652 2,594 9,091 3,486
21,805 12,337
1941— Apr 4«
June 30
Sept. 246
Dec. 31
23,104
23,930
24,397
25,500
1
13,501
14,238 1,127 2,631 10,481
14,095
15,707 """97l" TOO?" 11,727
3,487
3,839
4,243
3,832
"§;6i<r
2,905
2,888 "^698" ""414" ""693" ""514" ""652" ""137" ""289" "~"i74~ 'M53"
687
166 9,690
. 277
702
499
139
.500
3,013 2,804
3,206
2,984
3,161
3,090
2,718
528
686
454
644
140
268
149 10,444
2,733
557
699
421
665
142
250
138 10,861
Includes certificates of indebtedness up to and including October 17, 1934; no Treasury certificates outstanding from December 1934 until
early 1942. Treasury bills were first issued in December 1929.
2 Included in "other" bonds, notes, and debentures prior to March 5, 1934. Securities guaranteed as to interest only, first issued in July 1933
and replaced in 1934-1935 by fully guaranteed obligations, have been classified as not guaranteed.
s Comprises bonds only, October 1928 to December 1933, inclusive, and bonds, notes, and debentures thereafter.
4
Not reported separately; estimated holdings were between 100 and 150 million dollars and are included in "other" bonds, notes, and debentures. No such securities (guaranteed as to both principal and interest) were issued until late in 1933.
* This is the amount reported as "maturing in 1639-1943." A classification of securities by maturity was not required before December 1938.
6
Beginning with October 1939 a detailed classification of securities has not been required as of spring and autumn call dates.
BANKING AND MONETARY STATISTICS ,
78
NO. 21-AU MEMBER BANKS-CLASSIFICATION OF DEPOSITS ON CALL DATES, 1923-1941
[In millions of dollars]
Demand
Interbank
Call date
Total
Domestic
Foreign
U.S.
Government
Time
IndiStates Certi- vidfied
and
uals,
and
politpartneroffiical
Total
cers' ships,
subdivi- checks, corpoetc. rations,
sions
etc.
Interbank
Do- Formestic eign
1928— Oct 3
Dec. 31
22,736
25,613
3,462
3,649
480
535
159
262
1,243
1,300
1,134 16,258 13,410
2,264 17,604 13,453
1929— Mar. 27
June 29
Oct. 4
Dec. 31
23,445
22,541
23,326
24,747
3,070
3,092
3,153
3,517
438
438
431
544
411
348
315
143
1,385
1,512
1,224
1,335
1,819
849
1,489
1,681
16,323
16,303
16,713
17,526
13,329
13,325
13,318
13,233
80
111
95
1930— Mar 27
June 30
Sept. 24
Dec. 31
22,265
24,257
22,300
23,483
3,204
3,832
3,817
3,873
446
502
542
547
325
281
257
267
1,446
1,568
1,276
1,362
1,211
1,581
846
1,294
15,633
16,494
15,562
16,139
13,519
13,812
13,945
13,546
1931— Mar. 25
June 30
Sept. 29
Dec. 31
22,238
22,607
20,620
19,395
4,236
4,004
3,222
2,832
468
512
663
398
502
395
526
412
1,479
1,556
1,350
1,303
693
1,074
682
797
14,860
15,066
14,177
13,652
1932— June 30
Sept. 30
Dec. 31..-
17,200
17,815
18,140
2,870
3,269
3,609
172
213
243
387
738
475
1933— June 30
Oct. 25..—
Dec 30
17,583
17,470
18,042
3,057
2,990
3,139
146
117
129
1934— Mar. £ . .
June 30
Oct. 17.
Dec 31
19,864
21,201
22,464
23,940
3,676
4,070
4,466
4,569
173
155
136
147
1935— Mar. 4 .
June 29
Nov. 1 .
Dec. 31
24,008
24,744
26,832
28,040
1936— Mar 4
June 30. .._
Dec. 31
KJ4
1524
113
U.S. States
Govand
ern- politment ical
and
subpostal divisav- sions
ings 1
117
117
Individuals, partnerships,
corporations, etc.
Total
405 12,754
418
Savings
maa
Certificates Open savacings
of
de- counts and
similar
posit
X
acenuntsi
9,703
9,810
1,882 1,169
1,805 1,089
1,832 1,110
997
1,745
1,743 1,136
934
1,741
78
112
154
116
429
477
115
120 - 491
122
595
12,670 9,728
12,576 9,834
12,483 I 9,604
12,267 9,592
103
112
101
107
176
224
234
238
128
134
144
189
536
571
572
509
12,577
12,772
12,894
12,503
9,626
9,678
9,632
9,591
1,811
1,862
1,960
1,885
13,663
13,515
12,776
11,316
135
114
86
63
201
155
112
26
242
279
360
463
530
508
440
388
12,554
12,460
11,779
10,376
9,446
9,316
8,768
8,134
1,928 1,180
1,906 1,237
1,787 1,223
771
1,472
1,314
1,034
1,119
568 11,890 10,636
514 12,047 10,602
422 12,273 10,550
70
70
87
7
5
1
610
695
708
337
342
342
9,613
9,490
9,411
7,491
7,258
7.259
1,350
1,381
1,352
772
851
799
806
918
967
1,087
1,106
1,320
657 11,830
465 11,873
378 12,109
8,981
9,114
9,125
89
87
83
1
6
7
788
781
778
300
270
301
7,803
7,971
7,957
6,161
6,297
6,456
1,038
989
900
545
611
583
59
74
18
1,790
1,658
1,143
1,636
1,425
1,598
1,680
1,799
549
372
590
838
12,252
13,349
14,449
14,951
9,416
9,811
9,821
9,908
92
122
135
134
7
8
4
7
755
585
472
452
305
333
294
294
8,258 1 6,781
8,763 7,183
8,918 7,352
9,020 7,599
880
931
934
882
561
590
550
520
36
59
80
19
5,095
4,978
5,558
5,696
169 1,270
273
779
361
650
444
844
1,861
2,091
2,251
2,139
741
417
686
882
14,872
16,206
17,327
18,035
10,045
10,194
10,345
10,414
145
136
132
151
8
5
6
5
399
307
227
218
290
285
310
361
9,203
9,462
9,671
9,680
7,746
7,986
8,142
8,294
884
869
821
816
533
543
623
548
40
65
85
22
28,022
29;919
31,896
6,148
5,986
6,402
394
600
465 1,037
'432 ; 882
2,173
2,320
2,329
779 17,927 10,452
789 19,322 10,787
881 20,970 10,989
152
151
153
5
6
6
167
152
104
344 9,784
378 10,099
296 10,429
8,309
8,566
8,991
834
843
785
596
613
647
45
77
25
1937— Mar. 31
June 30
Dec. 31
29,950
30,143
29,317
5,752
5,298
5,436
458
615
453
415
628
781
2,564
2,577
2,132
677 20,085 11,164
752 20,272 11,347
767 19,747 11,522
153
123
129
6
14
11
97
100
95
269 10,639
292 10,818
482 10,806
9,105
9,245
9,461
758
758
740
712
724
576
63
92
29
1938— Mar. 7 .
June 30
Sept. 28
Dec. 31
28,652
29,752
30,308
31,853
5,615
6,096
6,088
6,510
366
321
457
501
752
543
707
790
2,237
2,314
2,080
2,386
566
662
538
547
19,116
19,816
20,439
21,119
11,594
11,556
11,462
11,510
137
135
130
132
11
10
10
10
90
83
70
61
512
454
464
462
10,845
10,874
10,789
10,846
9,477
739
744
9,458
724
9,399
9,557 ' 702
573
578
544
566 „
56
93
121
21
1939— Mar. 29,.-.
June 30
Oct. 23.
Dec. 30.
32,051
34,154
36,703
37,488
6,816
7,097
8,243
8,507
615
593
746
749
775
694
675
743
2,467
2,5,32
2,390
2,321
533
790
666
563
20,845
22,448
23,983
24,604
11,615
11,719
11,727
11,852
133
142
142
144
13
14
12
10
68
59
51
51
461
441
418
432
10,940
11,063
11,104
11,215
9,593
9,662
704
709
577
594
65
98
9,883
677
631
24
1940— Mar. 26"
June 29
Dee. 31
38,197
39,659
44,110
8,717
8,852
9,581
732
696
700
725
711
616
2,499
2,529
2,724
558 24,965 11,980
475 26,397 12,070
913 29,576 12,319
145
134
135
5
8
6
52
59
5fi
411 11,368
410 11,459 9,985
435 11,687 10,266
671
655
690
738
113
28
523
628
681
619
621
781
671 1»709
2,957
2,940
3,090
3,066
139
138
140
133
7
7
7
7
54
55
50
50
392
397
382
418
649
762
133
611
723
30
8
1941— Apr. 4
June 30 3
Sept, 24 _ .
Dec. 31
1
44,393 9,873
46,016 9,610
47,546 10, 176
49,231 9,714
662
738
730
1,009
29,752
31,429
32,149
33,061
12,431
12,495
12,558
12,487
11,837
11,898 10,354
11,980
11,878 10,513
1,140
1,233
1,303
1,027
United States Treasurer's time deposits, open account, were first established in November 1938.
, 1 "Christmas savings and similar accounts" are included in "open accounts" before June 1933.
*
A condensed form of report was adopted for spring and autumn calls beginning with October 1939. For this reason, no breakdown of time
deposits of individuals, partnerships, and corporations is available; and the breakdown of interbank deposits, both demand and time, into those
of domestic and foreign banks, respectively, has been estimated.
ALL MEMBER BANKS
79
NO. 22-ALL MEMBER BANKS-CLASSIFICATION OF LOANS AND INVESTMENTS,
BY CUSS OF BANK, ON JUNE I CALL DATES, 1919-1S281
I
[In millions of dollars]
Loans1
Class of bank and year
All member banks:
1919
1920
Total
loans
and
investments
On securities
Total
Total
Street
Other
Investments 2
Other domestic securities
All
Obligaother
U.S. tions of
Govern- States
Real (largeBonds,
Corporate
and
ment
notes,
stocks
estate ly com- Total
merobliga- political Total and decial)
tions subdibenvisions
tures F.R. Other
Bank
577 9,433
953 13,651
6,827
6,026
3,803
2,811
1,135
1,432
1,749
1,980
12,584
11,233
12,051
11,874
6,002
7,017
7,757
7,963
2,561
3,205
3,835
3,575
2,338
2,650
2,926
3,068
11,599 8,863
12,090 9,123
11,856 9,818
12,167 10,758
3,780
3,745
3,796
4,225
•1,029
1,149
1,277
1,367
3,553
3,733
4,172
4,440
3,163
3,283
3.695
3,891
115
123
129
142
275
327
348
407
501
408
572
726
2,012
2,053
2,195
2,458
1,066
'1,066
1,080
1,314
233
250
287
277
614
671
743
744
512
548
626
609
28
32
34
40
74
91
83
95
99
66
85
123
3,984
4,107
3,991
3,930
2,855
2,932
3,191
3,535
1,331
1,326
1,408
1,599
343
406
461
504
1,041
1,061
1,180
1,249
868
870
974
1,011
39
41
43
47
134
150
163
191
140
139
142
183
5,209
5,365
5,176
5,128
3,996
4,138
4,432
4,765
1,385
1,353
1,308
1,312
453
493
530
586
1,897
1,999
2,249
2,446
1,782
1,863
2,095
2,271
48
50
52
54
67
86
102
121
261
293
346
421
22,242
25,559
15,414
19,533
5,404
4,930
1,105
745
4,299
4,185
1921
1922
1923
1924
24,121
24,182
26,507
27,167
18,119
17,165
18,750
19,204
4,400
4,500
4,950
5,350
620
1,160
1,220
1,330
3,780
3,340
3,730
4,020
1925
1926
1927
1928
29,518
31,184
32,756
35,061
20,655
22,060
22,938
24,303
6,718
7,321
8,156
9,068
1,920
1,840
2,100
2,040
4,798
5,481
6,056
7,028
Central reserve city banks:
7,394
1925
1926
7,806
1927
8,462
1928
9,347
5,382
5,753
6,267
6,889
2,857
2,985
3,398
3,610
118
151
180
170
2,407
2,618
2,688
3,109
Reserve city banks:
1925 .
1926....
1927 _
1928
10,298
10,920
11,482
12,192
7,443
7,987
8,291
8,657
2,275
2,557
2,824
3,213
1,184
1,323
1,476
1,515
11,827
12,457
_ _ . _ 12,813
13,522
7,831
8,320
8,380
8,757
1,586
1,779
1,934
2,245
1,036
1,175
1,270
1,384
Country banks:
1925
1926
1927
1928
,
Foreign
securities
1
The classification of loans sbown in tbis table is not available by class of bank prior to 1925, Some of the loan data shown here have been
estimated; figures are partly estimated for street loans 1925-1928 and for all classifications prior to 1925. For other figures on street loans see Section
12, Tables 140 and 141, pp. 495-500.
2
The classification of investments shown in this table is not available prior to 1925.
BANKING AND MONETARY STATISTICS
80
NO. 23-CENTRAL RESERVE CITY MEMBER BANKS IN NEW YORK CITY[Amounts in millions of dollars]
Loans and investments
Investments
Call date
Total
1919— june 30
Nov. 17
Dec. 31
Total
U.S.
Government
obligations
Loans
BalReserves Cash ances
with
in
with
Federal vault domesOther Reserve
tic
banks'
secu- Bank
rities
Total
Cash Bank
assets
CustomBal- items premin
ises, Other era' Secuances
Numwith proc- furni- real
ber
lia- rities Other
ess
forture estate bility bor- asset*)
of
eign 1 of
on rowed
and
banks
acTotal
banks collec- fixtion tures
cept^
liabiliances
ties
5,408
5,772
5,772
4,084
4,330
4,508
1,324
1,442
1,264
683
757
606
641
685
658
659
635
653
104
110
123
290
329
351
949
1,038
1,161
66
68
69
7
7
6
211
264
314
90
67
85
110
62
100
7,894
8,351
8,634
64
64
64
5,488
1920=- May 4
June 30 .... 5,581
5,492
Nov. 15
Dec. 29 „ _ _ _ 5,487
4,329
4,477
4,485
4,454
1,159
1,103s
1,006
1,033
572
542
468
474
587
561
538
560
615
620
606
572
104
108
106
112
118
131
85
92
661
990
1,026
769
70
72
78
77
5
4
5
5
308
330
343
321
32
32
33
29
264
249
293
294
7,665
8,116
8,066
7,757
64
63
63
63
1921— Apr. 28..
June 30
Dec. 31
4,968
4,853
4,753
3,974
3,787
3,619
994
1,065
1,134
424
515
570
570
550
565
522
509
613
96
89
71
78
109
72
526
891
552
81
82
79
4
3
4
289
249
198
30
13
11
247
235
269
6,840
7,032
6,522
62
61
58
1922— Mar. 10
June 30
Dec. 29
4,560
5,057
5,223
3,432
3,514
3,663
1,127
1,543
1,560
616
906
1,006
511
637
553
574
617
625
70
65
69
65
73
78
644
1,092
1,164
81
84
88
3
3
3
180
176
215
9
6
3
179
196
230
6,364
7,367
7,698
58
59
58
5,123
1923— Apr. 3
June 30 .... 5,095
4,876
Sept. 14
Dec. 31
5,051
3,644
3,629
3,501
3,639
1,480
1,466
1,375
1,413
977
953
872
895
502
513
504
518
587
570
550
577
62
51
57
81
64
66
56
82
739
709
718
1,326
89
89
90
92
3
3
4
4
218
205
180
241
2
2
2
2
181
175
162
182
7,071
6,967
6,696
7,618
58
61
62
63
1924— Mar. 31
June 30
„_
Oct. 10
Dec. 31 ......
5,112
5,545
5,867
5,973
3,710
3,926
4,069
4,202
1,402
1,619
1,798
1,771
852
919
1,037
973
550
700
761
798
609
619
689
739
56
57
63
73
66
77
65
74
1,311
1,423
861
1,574
93
92
93
90
4
3
3
3
233
172
213
295
2
2
1
1
177
183
221
287
7,662
8,173
8,077
9,107
64
64
66
66
1925— Apr. 6
June 30...,..Sept. 28
Dec. 31
5,736
5,896
5,908
6,315
4,061
4,191
4,281
4,732
1,675
1,705
1,628
1,584
903
911
864
871
773
795
764
713
631
694
649
713
62
58
56
65
71
103
81
96
968
1,562
1,034
1,797
92
97
97
102
3
3
3
3
313
262
266
346
1
1
2
5
284
.277
256
262
8,162
8,952
8,352
9,704
65
63
62
63
5,975
1926— Apr. 12
June 30 ..„.. 6,232
Dec. 31
6,519
4,333
4,516
4,895
1,643
1,716
1,624
864
902
809
779
814
315
623
709
681
62
61
57
81
87
121
1,200
1,459
1,713
110
119
in
3
2
2
338
307
347
235
239
287
8,626
9,209
9,847
56
58
60
1927— Mar. 23.. „ _ _
June 30
Oct. 10
Dee. 31
6,384
6,798
6,731
7,460
4,600
4,963
5,021
5,620
1,784
1,835
1,709
1,840
926
907
887
948
858
928
823
892
764
751
735
857
56
64
60
58
85
108
92
131
105
121
123
122
1,053
1,649
1,327
1,228
122
123
128
132
2
3
3
3
348
365
•403
480
137 9,058
125 10,109
89 9,691
108 10,578
62
62
60
59
1928— Feb. 28
June 30
Oct. 3.
Dec. 31
6,936
7,438
7,197
7,951
4,992
5,428
5,254
6,018
1,943
2,010
1,942
1,933
1,082
1,102
1,130
1,094
861
908
813
839
756
765
722
809
53
49
53
65
87
97
82
120
120
134
105
126
1,135
1,247
1,443
3,141
137
138
143
145
4
5
5
5
489
515
527
680
112
153
178
197 I
9,831
10,542
10,452
13,218
58
53
57
57
1929— Mar. 27 .
June 29
Oct. 4........
Dec. 31
7,726
8,160
8,150
8,774
5,754
6,341
6,344
6,683
1,972
1,819
1,807
2,091
1,135
1,006
989
1,112
838
813
817
979
766
784
735
827
60
57
58
68
127
157
196
179
111
78
65
75
2,386
1,189
1,998
2,406
153
183
179
186
8
3
8
8
605
591
691
866
190
196
171
194
12,132
11,396
12,249
13,583
59
59
57
56
1930— Mar. 27
June 30
Sept. 24. ......
Dec. 31 ...
8,238
8,798
8,557
8,582
6,192
6,596
6,359
6,147
2,046
2,203
2,198
2,435
1,150
1,147
1,091
1,239
897
1,056
1,107
1,197
793
814
858
899
63
58
49
95
112
156
106
145
71
75
61
71
1,555
2,503
1,105
1,794
196
205
213
215
9
10
11
12
759
635
613
791
Itl
162
157
186
11,968
13,416
11,730
12,790
55
52
52
48
1931— Mar. 25
June 30 ._..„
Sept. 29—...
Dec. 31
8,473
8,287
8,253
7,460
5,811
5,486
5,220
4,763
2,662 1,466
2,801 1 1,656
3,032 1,830
2,697 1,768
1,196
1,145
1,202
928
831
847
883
665
47
54
68
54
133
136
102
105
69
89
71
52
893
1,594
866
1,168
218
232
232
233
12
14
12
13
779
656
489
540
259
257
154
125
11,714
12,165
11,131
10,415
48
48
42
39
1932— June 30 ...... 6,715
7,112
Sept. 30
Dee. 3 1 _ _ _ . . . 7,327
3,682
3,604
3,538
3,033
3,508
3,789
2,008
2,429
2,603
1,025
1,079
1,186
772
971
1,132
52
42
47
96
98
115
63
57
59
722
687
491
243
252
250
16
17
18
358
364
342
132
142
168
9,169
9,741
9,951
36
36
37
1933— June 30. _.... 7,133
Oct. 25
6,971
6,995
Dec. 30
3,424
3,470
3,453
3,709
3,501
3,542
2,551
2,320
2,362
1,158
1,181
1,179
846
968
903
46
42
47
101
90
93
72
93
115
874
553
476
247
246
236
18
36
38
351
323 ......
3S1
159 | 9,847
182 9,503
209 9,496
36
36
36
1934— Mar. 5
June 30. ......
Oct. 17
Dec. 31
3,419
3,401
3,243
3,159
3,932
4,265
4,300
4,602
2,873
3,210
3,191
3,524
1,059
1,056
1,109
1,078
1,170
,417
,443
,576
67
64
64
86
91
97
84
103
79
107
133
122
631
415
666
1,069
233
250
248
250
40
25
27
27
313
200
207
187
173
186
206
191
] 10, 153
10,427
1 !10,620
11,372
36
37
37
38
7,783 3,155 4,628
1935— Mar. 4
June 29....- 8,303 3,319 4,983
Nov. 1
8,167 3,199 4,968
Dec. 31....... 8,418 3,434 4,984
For footnotes see end of table, p. 82.
3,497
3,809
3,745
3,825
1,131
1,174
1,223
1,159
,856
,935
2,590
2,541
58
51
54
65
86
133
109
111
78
43
33
33
810
447
873
1,133
249
246
244
241
28
30
32
31
168 ......
121
123
135
147
105
73
61
11,262
11,414
12,299
12,770
38
38
38
38
7,351
7,666
7,543
7,761
1
1
1
ALL MEMBER BANKS
81
PRINCIPAL ASSETS AND LIABILITIES ON CALL DATES, 1919-1941
[Amounts in millions of dollars]
Capital accounts
Deposits
Accept- Other
ances
liaoutbilistand- ties
ing
Borrowings
Memoranda
DeReUndi- serves roand
Net
vided fordedeprof- conposits mand
tinits d
de- 7
adgen- justed ' posits
cies,
etc.6
Total
U.S.
Inter- Gov- Postal Other
bank2 ern- 3 sav- 4
dement ings inand
6,360
6,484
6,723
1,372
1,389
1,380
410
161
232
22
23
24
4,364
4,595
4,803
191
316
284
426
668
670
233
282
325
173
172
177
701
745.
739
228
238
249
316
330
333
158
178
157
3,416
3,557
3,642
4,576
4,707
4,789
1920— May 4
5,721
67222
June 30 .
5,822
Nov. 15
Dec. 29 . ... 5,607
1,207
1,320
1,114
1,074
92
110
72
134
26
26
20
13
4 ( 129
4,496
4,337
4,107
266
270
277
279
688
619
893
800
319
344
361
342
140
128
129
142
798
803
861
866
266
266
290
290
347
360
372
371
185
176
199
204
3,468
3,507
3,312
3,339
4,628
4.790
4,423
4, -369
1921— Apr. 28
June 30
Dec. 31
5,033
5,551
5,248
939
1,019
1,036
110
178
92
12
19
17
3,686
4,094
3,824
287
240
278
502
258
131
312
264
215
131
101
109
862
859
820
300
300
302
373
373
357
189
186
162
3,160
3,203
3,272
4.056
4.169
4,281
1922— Mar. 10
June 30
Dec. 29
5,198
6,199
6,374
1,061
1,085
1,120
89
38
198
17
18
17
3,721
4,549
4,522
309
510
517
21
31
98
195
191
237
104
96
119
846
850
870
306
310
314
359
365
390
181
175
165
3,077
3,457
3,358
4,108
4,554
4,479
1923— Apr. 3
June 30
Sept. 14
Dec. 31
5,714
5,662
5,401
6,305
1,106
1,125
1,017
1,227
139
64
25
51
17
17
17
17
3,876
3,884
3,768
4,438
575
574
574
572
170
121
138
89
244
228
195
262
73
83
78
83
870
873
885
878
325
328
329
330
379
374
373
374
166
171
182
174
3,137
3,173
3,049
3,112
4,222
4,291
4,085
4,374
1924— Mar. 31
June 30
Oct. 10
Dec. 31
6,372
6,980
6,817
7,745
1,282
1,482
1,504
1,547
59
27
44
29
20
25
25
24
4,406
4,835
4,501
5,393
605
611
744
751
53
18
25
44
249
182
224
314
96
94
99
89
892
899
911
916
333
334
335
336
376
377
377
379
183
189
198
200
3,095
3,413
3,640
3,819
4,388
4,890
5.133
6,391
1925— Apr. 6
June 30
Sept. 28 .
Dec. 31
6,685
7,552
6,819
8,068
1,308
1,449
1,232
1,472
56
17
47
59
23
22
20
20
4,533
5,317
4,797
5,755
765
746
724
763
126
79
167
175
336
284
292
379
60
66
110
91
955
970
964
991
358
358
361
370
391
393
396
431
206
219
206
190
3,565
3,755
3,763
3,958
4,847
5,211
4,951
5.501
7,020
7,692
. 8,141
1,306
1,459
1,455
56
33
50
19
19
17
4,871
5,378
5,725
768
803
894
110
52
151
364
331
373
103 1,029
99. 1,035
99 1,082
390
392
406
452
458
473
187
186
204
3,672
3,918
4,011
4,985
5,368
5,466
1927— Mar. 23
June 30
Oct. 10
Dec. 31
7,330 1,302
8,409 1,602
7,847 1 1,480
8,473 1,790
97
20
133
61
19
18
17
16
4,997
5,784
5.199
5,541
916
986
1,017
1,065
122
42
136
248
371
386
416
509
114
116
108
118
1,121
1,155
1,184
1,230
434
444
452
464
487
496
505
542
200
215
227
225
3,944
4,134
3,872
4,314
5.215
5,711
5,345
6,061
1928— Feb. 28
June 30
Oct. 3 ..
Dec. 31
7.840
8,173
7,932
10,389
1,508
1,575
1,436
1,740
13
58
28
52
15
14
20
19
5,218
5,355
5,332
7,386
1,087
1,172
1,115
1,193
94
340
342
459
511
536
543
684
129
131
143
133
1,257
1,361
1,492
1,553
474
512
544
560
550
612
689
729
232
237
230
225
29
39
4,082
4,107
3,889
4,245
5,562
5,680
5,257
6,085
1929— Mar. 27
June 29
Oct. 4
Dec. 31
9,333
8,379
9,042
10,173
1,341
1,477
1,445
1,835
136
78
71
20
18
18
18
18
6,610
5,690
6,293
7,155
1,227
1,115
1,216
1,145
269
393
249
246
639
615
710
896
165
168
183
162
1,725
1,842
2,065
2,105
610
668
738
744
818
862
990
1,018
254
269
292
300
44
44
45
43
4,225
4,500
4,295
4.750
5,564
6,836
5,587
6,418
1930— Mar. 27 ... 8,809
June 30
10,347
Sept. 24
8,626
Deo. 31
9,602
1,510
1,968
1,760
2,031
91
79
56
37
19
18
17
38
5,932
6.970
5,505
6,457
1,256
1,313
1,287
1,038
70
126
69
136
783
653
637
814
198
194
244
193
2,109
2,096
2,154
2,045
734
714
722
689
1,024
1,007
1,039
985
298
327
340
314
53
47
53
57
4,377
4,467
4,400
4,663
5,632
'6,146
5,873
6.405
1931— Mar. 25
June 30
Sept. 29
Dec. 31 . „
8,598
9,205
8,377
7,781
1,905
1,923
1,788
1,344
142
116
129
167
49
50
60
64
5,425
6,030
5,411
5,464
1,077
1,086
990
743
32
17
36
68
812
676
514
561
225
264
213
141
2,047
2,004
1,991
1,863
687
684
681
649
981
966
959
873
308
271
272
185
70
84
78
156
4,532
4,436
4,544
4,295
6,162
6,143
6,178
5.562
1932— June 30 .
Sept. 30
Dec. 31
6,932
7,496
7.698
1,256
1,540
1,786
118
306
173
68
76
80
4,763
4,767
4,810
725
807
849
16
1
26
382
372
359
137
154
156
,704
,718
,711
636
636
634
807
781
777
141
145
121
120
157
179
4,041
,081
,319
5,227
5,550
6,020
1933—June 30
Oct. 25
Dec. 30
7,756
7,379
7,284
1,406
1,322
1,320
332
379
422
110
106
107
5,233
4,883
4,801
676
690
634
12
35
6
364
348
408
134
153
168
,582
,589
,630
632
632 ~"~76~
632
674
664
651
97
103
81
179
189
190
,359
,330
,325
5,678
5,589
5.571
1934— Mar. 5
June30_
Oct. 17
Dec. 31
8,023
8,483
8,734
9,512
1,563
1,736
1,810
1,932
843
802
559
792
105
69
65
56
4,899
5,215
5,668
6,138
613
661
631
595
8
1
342
220
224
205
196
93
81
89
,592
,632
,573
,565
580
542
542
540
128
179
126
126
651
675
675
671
90
99
103
102
142
137
127
126
4,268
4,800
5,001
5,069
5,753
6.462
6,756
6,933
1935— Mar. 4
June 29
Nov. 1
Dec. 31
9,435
9,629
10,435
10,908
2,202
2,235
2,535
2,752
572
369
219
224
44
27
3
3
6,018
6,426
6,985
7,326
599
573
693
603
2
3
14
5
182
133
132
148
77
89
148
136
,567
,561
,570
,573
540
540
540
540
126
126
126
126
671
671
671
673
103
110
115
121
127
113
117
113
5,209
5,979
6,112
6,193
7,346
8,113
8,753
9,055
CaH date
1919—June 30
Nov. 17
Dec. 31
1926— Apr. 12
June 30
Dec. 31
Other
time
Total
Common
stock
Preferred5
stock
Surplus
BANKING AND MONETARY STATISTICS
82
NO. 23-CENTRAL RESERVE CITY MEMBER BANKS IN NEW YORK CITY-PRINCIPAL
ASSETS AND LIABILITIES ON CALL DATES, 1919-1941-Continued
[Amounts in millions of dollars]
Loans and investments
Investments
Call date
Total
Total
U.S.
Government
obligations
Loans
Reserves
Cash
with
in
Federal
Reserve vault
Other Bank
securities
Balances
with
domes*
tic
banks1
Balances
with
foreign
banks1
Cash
items
in
proc. ess
of
collection
Total
Bank
Customassets
premises, Other ers' Seculia- rities Other
furni- rea
ture estate bility bor- assets
on rowed
and
Total
acfixliabilicepttures
ties
ances
Number
of
banks
1936— Mar. 4 ...
June 30
Dec. 31..
8,802
0,556
9,281
3,447
3,528
3,855
5,355
6,028
5,426
4,107
4,763
4,209
,248' 2,493
,265 2,106
,217 2,658
57
65
61
108
114
133
39
34
36
829
982
1,087
240
237
232
32
32
31
125
122
137
66 12,790
76 13,324
78 13,734
38
37
37
1937— Mar. 31
June 30
Dec. 31.,
9,101
9,008
8,313
3,961
4,276
3,673
5,140
4,730
4,640
3,829
3,630
3,595
,311
,100
,045
2,719
2,749
2,738
56
60
56
123
105
120
32
32
48
853
996
989
230
230
226
31
32
34
142
136
111
67 13,355
60 13,405
48 12,683
37
37
37
8,317
1938— Mar. 7
8,013
June 30
Sept. 28.. „ 8,355
Dec. 31
8,335
3,532
3,172
3,146.
3,262
4,785
4,840
5,209
5,072
3,611
3,740
3,987
3,857
,174,
,101
,222
,215
2,941
3,517
3,743
4,104
59
65
70
68
95
119
91
109
62
90
56
34
605
842
579
580
225
223
222
213
33
32
32
51
97
84
86
90
1
1
1
4
51
62
61
70
12,485
13,046
13,297
13,657
37
36
36
36
1939— Mar. 29
June 30
Oct. 2 „
Dec. 30
8,408
8 ,088
'9,044
9,339 '
3,086
2,988
3,116
3,296
5,322
5,700
5,928
6,043
4,025
4,484
4,558
4,772
,296
,216
,369
,272
4,582
4,975
5,929
5,915
63
61
85
89
156
112
109
125
29
26
23
14
604
1,029
806
560
212
210
208
207
51
51
51
40
78
75
57
75
3
60
56
62
49
14,243
15,282
16,376
16,413
36
36
36
36
1940— Mar. 26
June 29
Dec. 31
9,594
9,829
10,910
3,211
3,014
3,384
6,383
6,815
7,527
4,972
5,486
6,044
,412
,328
,483
6,386
7,072
7,057
84
88
102
163
119
122
13
11
6
568
453
1,137
206
204
200
40
37
34
69
54
57
2
4
12
49 17,174
48 17,918
51 19,688
36
36
36
11,696
1941— Apr. 4...
12,493
June 30
Sept. 24.. ._ 12,930
Dec..31
12,896
3,502
3,778
3,939
4,072
8,194
8,715
8,991
8,823
6,625 1,568
7,268 1,447
7,331 •1,660
7,265 1,559
6,715
5,857
5,534
5,105
85
136
96
93
154
131
114
141
4
5
5
6
588
900
731
1,290
203
202
201
200
34
34
33
31
54
50
40
44
11
4
9
4
81
49
55
51
j 19,625
19,863
19,748
19,862
36
36
36
36
Call date
Total
Memoranda
Capital accounts
Deposits
U.S.
Inter- Gov- Postal Other
debank 2 ern- 3 savment ings* mand
Other
time
Borrowings
Accept- Other
ances liabiliOUtr
E land- ties
ing
Total
Common
stock
Preferred5
stock
Surplus
ReDeNet
Undi- serves mand
devided for
deprof- con- posits mand
6
ad- 7 de- 7
tinits
gcn- justed posits
cies,
etc. e
10,858
11,387
11,824
2,894
2,823
2,891
140
215
225
7,227
7,738
8,016
596
611
692
12
13
12
137
138
154
206
196
158
1,579
1,590
1,585
538
537
538
126
79
11
676
741
798
122
130
146
117
102
92
6,398
6,756
6,929
9,323
9,677
9,909
1937— Mar. 31. „ _ 11,400
11,421
June 30
10,759
Dec. 31
2,594
2,602
2,531
129
306
382
7,905
7,729
7,101
772
784
745
4
3
159
154
125
201
229
194
1,591
1,598
1,606
554
553
553
11
11
10
796
797
800
134
143
156
97
93
86
7,051
6,733
6,111
9,648
9,525
8,898
10,570
11,192
11,410
11,706
2,508
2,805
2,908
3,130
360
123
181
139
6,941
7,540
7,605
7,748
761
725
717
688
12
2
105
92
92
104
201
174
204
254
1,596
1,587
1,589
1,593
553
552
552
538
10
10
10
10
801
801
803
808
156
160
158
170
76
64
65
67
6,336
6,698
7,026
7,168
9,104
9,500
10,020
10,325
1939— Mar. 29
June 30
Oct. 2...
Dec. 30.
12,337
13,341
. 14,531
14,507
3,285
3,516
4,243
4,238
135
84
72
74
8,209
9,041
9,482
9,459
708
699
735
736
1
90
90
71
86
224
265
187
228
1,592
1,586
1,587
1,592
538
538
538
539
10
10
10
10
808
809
809
815
171
170
169
173
65
59
62
56
7,605
8,012
8,676
8,899
10,863
11,495
12,878
13,081
1940— Mar. 26
June 29..
Dec. 31
15,278
16,007
17,744
4,802
4,4914,678
68
67
48
:::::: 10,688
12,199
10,131
777
761
819
75
64
67
219
249
262
1,601
1,599
1,615
539
539
539
10
9
9
815
815
827
180
181
191
59 9,562
55 10,235
49 11,062
13,767
14,671
15,662
1941 — Apr. 4
June 30
Sept. 24
Dec. 31
17,705
17,929
17,816
17,932
4,598
4,572
4,604
4,207
29
32
135
866
12,233
12,520
12,237
12,051
844
805
840
807
62
59
48
53
236
251
239
229
1,623
1,625
1,635
1,648
539
539
539
539
9
9
9
9
827
828
828
841
197
198
207
213
51
51
52
47
11,645
11,619
11,506
10,761
16,116
16,087
16,128
15,689
1936— Mar, 4
June 30
Dec. 31
1938— Mar. 7
June 30
Sept. 28
Dec. 31
_
10
1 "Balances with foreign banks" are included in "balances with domestic banks" prior to May 4, 1920,and in "other assets" from May 4,
1920,2 to December 31, 1926,
Before October 3, 1928, all interbank deposits were reported as "due to banks" and were assumed to be demand deposits.
«Includes United States Treasurer's time deposits, open account. Such accounts were first opened in November 1938; before that time all
United States Government deposits were demand deposits.
• Prior to June 30, 1921, figures represent postal savings deposits at national banks only. Under specific provisions of law, postal savings
deposits were subject to the reserve requirements applicable to time deposits from June 21, 1917, to August 23, 1935, but they were in fact demand
deposits until the passage of the Banking Act of 1933, when the terms under which such deposits were made were amended so as to conform to
the definition of time deposits.
• Includes capital notes and debentures issued by State member banks (national banks do not issue them). Preferred stock was not issued
by member banks before the banking holiday of 1933.
• The composition of undivided profits and reserves has been changed from time to time; see introductory text, p. 71.
7
For definitions of "demand deposits adjusted" arid "net demand deposits" see introductory text, p. 65.
ALL MEMBER BANKS
83
NO. 24-CENTRAL RESERVE CITY MEMBER BANKS IN NEW YORK CITY-CLASSIFICATION OF LOANS ON CALL DATES, 1928-1941
[In millions of dollars]
Open market paper
Call date
To brokers
and
dealers
Acceptances
payable
in U. S.
ComBills
merpaycial
able
Own Accept- abroad paper
accept. ances
bought
1
ancea of other
banks
Total
loans
Total i
Real estate loans
Loans on securities, except to banks
Total
In
New
York
City
To
others
287
288
2,253
2,100
148
173
175
169
251
314
302
322
2,361
2,480
2,726
2,595
150
157
157
147
199
196
169
283
2,252
2,129
2,090
2,054
149
160
152
153
154
150
250
374
1,896
1.782
1,881
1.735
159
154
159
Outside
New
York
City
Other
loans1
130
132
Total
Loans
to
banks
260
203
216
1,216
1,094
1,066
157
149
147
162
143
146
937
1,075
1,084
On
other
real
estate
On
farm
land
1928— Oct. 3
Dec. 31
5,254
6,018
168
151
50
61
55
61
63
29
2,416
3,347
880
1,639
45
50
1,491
1,658
130
132
1929— Mar. 27 June 29
Oct. 4 .
Dec 31
5,754
6,341
6,344
6,683
148
136
100
194
59
58
59
128
52
58
33
46
37
21
8
21
2,846
3,236
3,040
3,401
1,102
1,359
1,096
1,202
52
63
46
55
1,692
1,814
,898
2 ,145
149
175
176
169
1930— Mar. 27
June 30
Sept. 24
Dec 31
6,192
6,596
6,359
6,147
179
208
198
245
89
144
148
188
40
29
28
22
49
35
22
34
3,412
3,906
3,745
3,418
1,477
1,883
1,714
1,281
60
68
86
104
1,876
1,954
1,945
2 ,033
151
157
157
148
1931— Mar. 25
June 30
Sept, 29
Dec 31
5,811
5,486
5,220
4,763
284
433
282
231 I
77
199
296
201
107
51
44
33
17
35
94
48
29
3,327
2,960
2,655
2,270
1,367
1,063
839
542
121
127
116
87
1,839
1,770
1,699
1,641
150
160
153
153
1932— June 30
Sept. 30
Dec. 31
3,682
3,604
3,538
445 |
462
512
138
90
148
262
341
330
21
18
15
23
14
19
1,602
1,691
1,584
258
391
337
65
63
61
1,279
1,237
1,186
160
154
160
1933— June 30
Oct. 25
Dec 30
3,424
3,470
3,453
364
447
336
120
179
130
224
233
170
10
8
17
10
27
19
1,803
1,656
1,740
720
624
706
38
47
45
1,044
985
989
157
149
148
1934— Mar. 5
June 30
Oct. 17
Dec. 31
3,419
3,401
3,243
3,159
469
392
411
396
171
144
159
164
276
225
232
210
8
10
12
16
14
13
8
6
1,673
1,820
1,508
1,536
687
883
631
662
47
55
50
54
938
882
826
820
156
156
150
139
155
155
150
139
112
68
66
63
1,009
965
1,108
1,024
1935— Mar 4
June 29 ...
Nov. 1
Dec 31
3,155
3,319
3,199
3,434
372
277
252
286
145
82
101
107
203
183
135
158
19
7
12
16
4
5
4
5
1,539
1,772
1,661
1,870
678
930
828
1,018
56
58
59
60
805
783
775
793
139
138
136
140
139
138
136
140
52
48
35
42
1,054
1,085
1,114
1,096
1936— Mar. 4
June 30
Dec. 31
3,447
3,528
3,855
258
199
217
99
65
65
141
123
136
13
8
10
4
3
5
1,899
1,917
1,926
1,043
1,028
1,095
64
76
78
792
813
753
148
146
144
148
146
144
29
28
42
1,112
1,238
1,527
1937— Mar 31
June 30
Dec. 31
.3,961
4,276
3,673
198
170
199
69
65
74
119
98
112
6
1
6
4
5
6
1,969
2,118
1,493
1,105
1,219
703
74
76
58
790
824
733
142
149
141
142
149
141
51
62
29
1,600
1,776
1,811
1638— Mar, 7 ..
June 30
Sept. 28
3,532
3,172
3,146
168
141
153
65
62
65
90
65
79
5
4
3
8
10
7
1,423
1,274
1,266
647
509
512
49
47
52
727
717
702
139
132
132
140
132
131
60
85
95
1,741
1,541
1.499
Loans
to
banks
Other
loam)
1
Call date
Total
loans
Commercial
loans
Agricultural
loans
Acceptances
payable in
U. S.
Total
Bills
CommerTo
payTo
cial
broable
kers others
Own Accept- abroad paper
accept- ances
sought and
dealers
ances of other
banks
1
1
Heal estate loans
Loans for
purchasing
or carrying
securities
Open market paper
2
1
Total
On
farm
land
On
residential
property
Other
1938— Dec, 31
3,262
1.456
5
138
52
76
1
9
787
220
12 1
59
61
99
436
1939— Mar 29
June 30
Oct. 2 2
Dec. 30
3,086
. 2,988
3,116
3,296
1,451
1,474
5
5
126
128
57
64
62
57
1
1
6
6
668
555
209
215
124
130
1
57
61
67
68
77
41
427
440
1,768
7
120
58
54
8
611
188
133
1
59
73
44
425
1,801
2,025
6
6
104
100
59
46
40
49
5
5
320
465
188
190
137
130
65
63
71
66
32
25
426
443
2,405
3
97
41
45
11
422
186
12 g
65
64
33
503
2,716
8
16
412
169
ii3
62
60
32
522
1940— Mar. 26 a __,,_ . 3,211
June 29
. 3,014
. 3,384
Dec. 31
2
1941— Apr. 4
June 30 2
Sept. 24
Dec. 31
1
3
. 3,502
3,778
. 3,939
4,072
91
36
39
Reporting banks' "own acceptances" are included in "other loans" prior to December 1931.
iquired
spring
Beginning with October 1939 a detailed classification of loans has not been required as of spri: and autumn call dates.
BANKING AND MONETARY STATISTICS
NO, 25-CENTRAL RESERVE CITY MEMBER BANKS IN NEW YORK CITYCLASSIFICATION OF INVESTMENTS ON CALL DATES, 1928-1941
[In millions of dollars]
U. S. Government obligations
Other domestic securities
Direct
Guaranteed
Total
investments
Call date
Total
Bills'
Notes
Bonds
Obligations
of
States
and
polit- Total
ical
subdivisions
Bonds, notes, and
debentures
Government
agencies
not
Railguar- roads*
anteed
byU.S.2
Utilities'
Corporate
stocks
Other
F.E.
Foreign
securities
Other
Total
securities
maturing iu
5 years
or less
Bank
1928— Oct. 3
Dec. 31
1,942
1,933
1,130
1,094
77
78
247
228
806
787
137
151
589
613
134
147
61
68
265
254
37
37,
91
107
86
76
1929— Mar. 27
June 29
Oct. 4
Dec*. 31
1,972
1,819
1,807
2,091
1,135
1,006
989
1,112
78
58
31
58
281
214
226
166
775
734
732
889
161
128
149
222
606
608
597
668
151
152
140
142
62
66
62
65
«224
219
188
214
43
45
52
54
127
126
155
192
71
75
72
89
1930=-Mar. 27
June 30
Sept. 24
Dec. 31
2,046
2,203
2,198
2,435
1,150
1,147
1,091
1,239
49
111
75
148
153
77
140
228
947
959
876
863
185
192
271
310
643
764
733
738
142
188
185
210
71
88
89
96
219
272
250
225
56
52
53
51
155
164
156
156
69
100
103
148
1931— Mar, 25
June 30
Sept. 29
Dec. 31
2,662
2,801
3,032
2,697
1,466
1,656
1,830
1,768
296
354
461
290
126
178
153
159
1,043
1,124
1,217
1,319
356
281
325
216
693
725
693
606
221
229
222
208
88
101
79
75
184
198
205
172
51
51
51
48
149
146
136
102
147
139
184
106
1932— June 30
Sept. 30.
Dec. 31_.
3,033
3,508
3,789
2,008
2,429
2,603
615
543
511
185
725
971
1,208
1,161
1,121
325
369
436
600
610
639
206
204
198
89
98
103
167
177
212
46
46
46
91
85
80
1933— June 30
Oct. 25.
Dec. 30
3,709
3,501
. 3,542
2,551
2,320
2,362
638
391
358
987
971
921
926
958
1,083
478
508
488
586
585
608
168
155
153
95
87
92
173
169
191
46
46
46
104
118
126
94
88
83
1934— Mar. 5
June 30
Oct. 17
Dec. 31.
_ 3,932
4,265
4,300
4,602
2,768
3,053
2,954
3,246
734
954
875
758
1,022
1,084
1,281
1,664
1,012
1,015
799
824
105
157
237
278
487
425
491
446
509
567
541
561
33
103
79
78
140
133
155
155
86
82
75 i
83
82
S3
70
85
47
48
47
47
121
117
115
113
62
63
77
71
1935— Mar, 4
June 29
Nov. 1
Dee. 31.
4,628
4,983
4 ,968
4,984
3,200
3,462
3,340
3,425
574
898
841
865
1,741
1,623
1,787
1,810
885
941
712
749
298
348
405
401
484
497
550
507
577
608
609
596
101
91
91
81
157
156
137
134
88
99
118
117
69
94
101
99
47
47
40
40
115
121
123
125
70
69
65
56
1936— Mar. 4
June 30.
Dee. 31
5,355
6,028
5,426
3,602
4,196
3,739
846
1,096
718
1,923
1,760
1,559
832
1,34)
1,402
505
567
470
544
472
426
628
725
718
94
105
73
151
174
193
120
136
142
103
122
118
40
40
40
120
148
152
76
68
72
1937— Mar. 31
June 30
Dec. 31
5,140 1 3,356
4,730 3,176
4,640 3,206
638
543
495
1,385
1,426
1,526
1,334
1,207
1,175
473
454
388
514
344
342
719
688
656
74
62
78
197
190
165
129
123
113
124
121
120
41
41
41
154
151
140
78
67
47
1938— Mar. 7
June 30
Sept. 28
Dee. 31
4,785
4,840
5,209
5,072
3,180
3,031
3,153
2,963
505
222
251
158
1,529
1,358
1,342
1,142
1,145
1,451
1,560
1,663
432
709
834
894
485
394
495
517
641
654
671
647
84
103
96
121
157
145
142
129
110
108
114
119
111
123
143
107
41
41
41
41
137
134
135
131
48
53
57
51
1939— Mar, 2 9 _ , _ _ _ _
June 30
Oct. 2 D
Dee. 30
5,322
5,700
5,928
6,043
2,939
3,360
3,401
3,497
68
168
831
908
2,040
2,284
134
144
128
121
112
119
115
121
41
41
129
125
56 &2,528
65 *2,731
797
2,385
582
480
662
579
658
671
315
1,086
1,123
1,156
1,275
635
129
122
98
127
41
119
58
3,148
1940— Mar. 26 8
June 29... .
Dec. 31
6,383
6,815
7,527
3,686
4,162
4,429
726
634
695
643
739
110
166
114
132
73
71
191
225
41 i
41
114
104
52
49
3,604
4,210
1941— Apr. 4 < L _ _ _ _
June 30.......
Sept. 24«
Deo. 31. ...__
8,194
8,715
8,991
8,823
5,005
5,517
5,411
5,585
771
651
819
729
7SO
204
is 6
63
213
41
103
36
5,093
8i)l
217
163
58
222
41
100
29
4,884
-_
(4)
421
207
1,092
1,245
2,650
2,977
1,286
1,324
1,615
577
1,526
3,415
311
1,623
3,652
1,620
1,751
1,920
1,679
101
99 . . .
...
111
,
6
„
2,779
1 Includes certificates of indebtedness up to and including October 17, 1934; no Treasury certificates outstanding from December 1934 until
early 1942. Treasury bills were first issued in December 1929.
2
Included in "other" bonds, notes, and debentures prior to March 5, 1934. Securities guaranteed as to interest only, first issued in July 1933
and replaced in 1934-1935 by fully guaranteed obligations, have been classified as not guaranteed.
8
Comprises bonds only, October 1928 to December 1933, inclusive, and bonds, notes, and debentures thereafter.
4
Not reported separately; included in "other" bonds, notes, and debentures. No such securities (guaranteed as to both principal and interest)
were issued until late in 1933.
s
This is the amount reported as "maturing in 1939-1943." A classification of securities by maturity was not required before December 1938.
0
Beginning with October 1939 a detailed classification of securities has not been required as of spring and autumn call dates.
ALL MEMBER BANKS
85
NO. Z6-CENTRAL RESERVE CITY MEMBER BANKS IN NEW YORK CITYCLASSIFICATION OF DEPOSITS ON CALL DATES, 1928-1941
[In millions of dollars]
Demand
Interbank
Call date
Total
Domestic
Foreign
U.S.
Government
Time
IndiInterbank
vidStates Certiand
uals,
fied
partand
politneroffiical
Total
cers' ships,
Do- Forsubdivi- checks, corpomestic eign
etc.
sions
rations,
etc.
U.S.
Gov- States
and
ernment politand
ical
postal subsav- 1 diviings sions
Individuals, partnerships,
corporations, etc.
Total
.Savings
ChristCertifimas
cates Open savacings
of
de- counts and
2
similar
posit
accounts*
20
19
11
10
1,104
1,183
560
588
66
77
478
518
61
93
133
18
18
18
18
6
7
20
33
1,221
1,109
1,195
1,112
636
639
633
617
75
69
80
77
510
401
483
417
42
50
40
37
144
184
169
182
19
18
17
38
25
16
17
13
1,231
1,296
1,270
1,026
636
642
643
452
101
107
79
96
494
548
548
477
1,304
1,275
1,135
830
33
24
6
2
144
115
79
21
49
50
60
64
26
33
19
11
1,051
1,053
971
732
409
399
342
320
124
117
109
86
518
537
520
325
4,287
4,350
4,540
801
890
937
3
4
6
5
4
1
68
76
80
10
20
7
715
,786
843
309
308
315
97
137
146
310
341
382
461
299
167
4,676
4,513
4,494
808
802
748
22
1
1
1
5
6
110
106
107
10
14
671
680620
281
282
278
133
121
97
250
272
244
7
4
109
167
201
229
368
154
360
540
4,422
4,894
5,107
5,371
724
738
701
659
1
1
1
7
7
3
7
105
69
65
56
13
12
8
4
600
649
623
591
284
294
290
292
83
106
112
94
231
246
216
204
2
3
5
1
572
369
219
224
190
354
468
323
500
149
413
524
5,329
5,924
6,104
6,479
651
603
700
610
7
4
4
4
44
27
3
3
4
6
13
12
595
567
680
591
298
301
304
310
88
75
66
55
207
186
304
225
2
4
5
1
363
428
393
140
215
225
260
357
285
496
489
457
6,471
6,891
7,274
600
617
697
4
5
4
11
10
13
586
601
679
315
330
349
48
45
30
221
222
299
2
4
1
2,171
2,014
2,108
419
575
416
129
306
382
314
368
189
354
427
404
7,237
6,934
6,507
777
797
753
5
12
7
14
17
49
758
767
696
357
356
406
27
36
31
371
371
259
3
5
1
9,801
10,459
10,688
11,012
2,173
2,514
2,498
2,C87
327
283
405
437
360
123
181
139
185
273
196
280
327
367
280
195
6,429
6,900
7,128
7,273
769
733
723
694
8
g
6
6
67
32
64
36
694
694
653
652
408
407
402
388
30
32
29
28
253
249
214
235
3
5
7
1
1939— Mar. 29
June 30.
Oct. 23 .
Dec. 30
11,621
12,633
13,791
13,764
2,731
2,992
3,573
3,542
546
516
664
689
135
84
72
74
260
288
321
251
272
472
349
178
7,677
8,281
8,812
9,030
716
708
741
743
7
8
6
53
46
52
43
655
653
683
693
389
376
26
25
236
246
4
6
386
23
283
1
1940— Mar. 263
June 29
Dec. 31
14,495
15,241
16,920
3,629
3,840
4,032
667
646
641
68
67
48
219
258
370
260 9,652
147 10,283
471 11,357
783
766
824
35
29
51
742
732
768
388
403
20
11
317
353
7
1
1941— Apr. 43
June 30
Sept. 243
Dec. 31
16,856
17,118
16,971
17,119
4,021
3,948
4,040
3,595
572
618
558
607
29
32
135
866
302
319
300
319
302
306
342
450
848
811
845
813
38
27
29
29
806
778
810
778
399
10
363
7
408
9
360
1
1928— Oct. 3
Dec 31
6,731
9,121
950
1,213
421
470
28
52
71
133
783
1,765
4,478
5,488
1,201
1,268
1929— Mar 27
June 29
Oct. 4
Dec. 31
8,043
7,166
7,669
8,837
922
1,019
940
1,198
375
379
365
464
136
78
71
20
90
144
75
128
1,488
511
1,163
1,180
5,032
5,035
5,054
5,847
1,290
1,213
1,374
1,336
18
47
40
1930— Mar 27
June 30
Sept 24
Dec. 31
7,347
8,783
7,113
8,306
959
1,311
1,106
1,349
364
423
445
463
91
79
56
37
61
123
68
110
945
1,245
596
865
4,927
5,602
4,841
5,482
1,462
1,564
1,513
1,296
1931— Mar. 25
June 30
Sept 29
Dec. 31
7,295
7,930
7,242
6,951
1,340
1,352
1,135
988
388
432
568
333
142
116
129
167
107
152
137
180
435
780
458
480
4,882
5,098
4,816
4,803
1932— June 30
Sept. 30
Dec 31
6,130
6,607
6,762
1,103
1,346
1,562
146
187
216
118
306
173
117
67
93
359
350
177
1933— June 30
Oct. 25
Dec. 30
6,948
6,577
6,536
1,254
1,215
1,200
128
100
112
332
379
422
96
71
141
1934— Mar. 5
June 30
Oct. 17
Dec. 31
7,299
7,744
8,033
8,854
1,403
1,592
1,689
1,797
154
135
116
126
843
802
559
792
1935— Mar. 4
June 29
Nov 1
Dec. 31
8,785
9,030
9,735
10,298
2,047
1,983
2,203
2,338
147
248
327
410
1936— Mar. 4
June 30
Dec 31
10,257
10,770
11,128
2,527
2,390
2,493
1937— Mar. 31 „
June 30
Dec. 31
10,623
10,623
10,006
1938— Mar. 7
June 30
Sept. 28
Dec. 31
1
1
11,629
11,895
11,595
11,282
66
57
45
1
1
6
1
5
4
4
5
5
5
5
::::::
United States Treasurer's time deposits, open account, were first established in November 1938."Christmas savings and similar accounts" are included in "open accounts" before June 1933.
» A condensed form of report was adopted for spring and autumn calls beginning with October 1939. For this reason, no breakdown of time
deposits of individuals, partnerships, and corporations is available; and the breakdown of interbank deposits, both demand and time, into those
of domestic and foreign banks, respectively, has been estimated.
BANKING AND MONETARY STATISTICS
NO. 27-CENTRAL RESERVE CITY MEMBER BANKS IN CHICAGO[Amounts in millions of dollars]
1
Loans and investments
Investments
Call date
Total
Total
U.S.
Government
obligations
Loans
Reserves Cash
with
in
Federal vault
Other Reserve
secu- Bank
rities
Balances
with
domestie
banks i
Total
Cusassets
tomers' SecuNumlia- rities Other
ber
bility bor- assets
of
on rowed
banks
acTotal
ceptliabiliances
ties
Caah Bank
Bal- items premances
ises, Other
in
with proc- furni- real
foress
ture estate
eign
and
of
banks1 collec- fixtion tures
1819— June 30
1,183
Nov. 17 . . 1,250
Dee, 31
1,300
912
1,024
1,086
271
225
214
156
103
90
115
122
124
113
124
132
38
37
40
160
176 .__...
168
97
112
127
11
11
11
50
47
59
1
3
5
5
1,654
1,762
1,844
20
21
21
.1,396
1,393
1,342
1,329
1,207
1,228
1,197
1,177
189
164
146
152
74
56
34
31
115
108
111
121
130
127
122
117
37
34
34
36
115
131
120
109
98
118
112
94
12 _ - _ - - _
12
12
13
73
'65
60
52
5
3
6
3
21
25
24
23
1,888
1,908
1,833
1,777
22
23
24
24
1921— Apr 28
June 30
Dec. 31
1,271
1,253
_. 1,199
1,132
1,112
1,014
139 I
141
185
33
35
42
106
106
143
118
118
121
28
27
26
99
92
97
70
86
89
15
15
17
46
40
33
4
3
20
19
12
1,671
1,654 !
1,596 i
24
25
28
1922— Mar. 10
June 30
Dec. 29
1,225
_._ 1,234
1,323
1,031
989
1,028
194
245
295
45
100
139
149
144
156
127
142
144
24
23
28
111
108
118
76
109
129
14
15
15
2
2
2
27
38
32
18
19
31
1,622
1,691
1,823
27
24
25
1,337
, 1,323
1,312
1,314
1,057
1,058
1,057
1,050
281
265
254
264.
121
114
122
125
160
150
132
139
129
134
137
133
25
22
24
26
118
117
115
123
99
103
94
135
15
22
23
20
2
2
2
27
20
26
31
1
1
1
26
22
14
20
1,780
1,766
1,747
1,803
23
24
25
24
1,293
1,369
1,540
1,499
1,023
1,064
1,207
1,157
271
305
334
342
142
167
-183
180
129
137
150
162
120
152
156
163
22
22
22
26
101
160
144
130
97
137
88
136
28
30
18
27
32
27
30
33
3
13 1,709
14 1,912
26 1 2,025
24 2,037
25
26
25
24
1,453
1,497
.... 1,543
1,560
1,126
1,191
1,243
1,252
327
306
299
308
175
154
151
154
153
152
148
154
152
152
162
150
21
20
18
17
134
164
136
117
93
144
97
159
27
31
33
26
37
21
18
21
42
23
23
25
20
1926— Apr. 12
June 30
Dec. 31
1,510
1,574
1,581
1,200
1,237
1,286
310
337
295
145
164
110
165
173
185
149
160
154
16
16
15
109
135
117
111
127
157
26
28
28
25
22
23
1927— Mar. 23
June 30. ...
Oet. 10— _ —
Dec. 31
1,607
1,664
1,716
1,810
1,246
1,304
1,373
1,394
362
360
343
416
172
173 !
163
181
189
187
180
235
156
144
171
179
15
14
13
14
103
117
103
110
25
25
24
2P
101
127
118
150
29
30
32
32
2S
19
26
30
8 ' 2,0i>7
8 2,148
7 I 2,211
16 • 2,368
22
22
22
22
1928— Feb. 28.
June 30.. „.
Oct. 3____ -.___
Dec. 31
1,792
1,909
1,910
1,910
1,356
1,461
1,505
1,519
436
448
405
391
208
211
191
174
229
237
214
217
168
155
170
169
12
12
11
14
109
129
121
128
31
21
15
14
108
132
118
191
34
34
35
35
30
30
28
41
10 !
18 i 2,444
10 2,418
14
2,516
2,294
20
21
22
18
1929— Mar. 27 .
June 29
__
Oct. 4
Dec. 31......
1,793
1,767
1,823
1,757
1,456
1,433
1,510
1,448
337
334
312
309
164
159
153
116
172
176
160
193
164
164
174
169
11
10
10
13
68
136
134
133
15
34
29
22
155
130
116
158
38
37
39
39
1
46
15
40
1
68
84 """
11 2,316
8 i 2,328
8 ; 2,401
8 2,384
16
18
18
17
1930— Mar. 27 .
June 30. ...
Sept. 24 .
Dec. 31
1,717 i 1,406
1,849 1,483
1.934 1,524
1,344
1,861
310
366
409
518
146
160
157
240
164
205
252
277
172
177
175
210
9
10
9
11
123
151
166
194
39
6
7
7
89
109
86
110
39
41
42
41
1
1
76
61
79
67
8 2,273 1
9 2,413
10 3 2,507
12
2,515 ,
16
16
16
1,853
1,754
1,644
1,517
1,261
1,190
1,129
1,038
592
563
514
480
329
346
308
288
263
217
206
101
166
169
182
160
9
17
13
13
161
175
166
122
6
5
4
3
58
78
59
87
41
29
25
25
65
55
40
45
12
11
15
27
2,372
2,204
2,152
2,008
i
W
1931— Mar. 25... _ —
June 30., _ _ .
Sept. 29
Dec. 31
1932— June 30.
. 1,277
Sept. 3 0 _ _ _ _ _ _ 1,192
1,045
Dee. 31
876
746
631
401
445
414
234
256
228
166
189
186
148
214
284
42
15
18
140
201
294
6
2
2
56
46
50
27
27
27
5
5
35
17 _ _ _ _ _ _
19
10
11
1,745
1,730
1,746
11
11
11
1933— June 30.
Oct. 25.
Dee. 30
1,287
1,196
1,259
677
701
604
610
495
655
384
284
386
226
211
269
232
415
345
34
37
45
203
185
200
2
3
4
61
50
64
28
28
28
1
5
3
25
20
18
25
8
10
1,899
1,947
1376 ;
26
26
28
1934— Mar. 5
June 30.__...
Oct. 17. ...
Dee. 31
1,440
1,445
1,542
1,581
587
556
560
532
852
889
982
1,049
639
661
764
820
213
228
218
229
308
436
455
415
42
40
35
40
157
162
167
207
4
4
6
9
52
57
76
90
27
26
26
26
2
2
4
4
21
9
7
11
15
26
44
44
2,069
2,206
2,363
2,426
25
15
17
18
537 1,167
1,704
1935— Mar. 4
485 1,107
1,592
June 29
Nov. 1
1,792
456 1,336
476 1,392
Dee. 31
1,868
For footnotes see end of table, p. 88.
955
853
1,069
1,149
212
254
267
243
359
676
581
511
34
37
33
39
183
249
188
209
10
3
1
2
70
73
83
135
25
25
25
25
4
4
10
8
12
4
5
7
44 2,445
38 i 2,701
38 2,756
40 2.S43
17
18
13
14
1020— May 4 '
June 30
Nov. 15
Dec. 29
1923— Apr. 3
June 30.
Sept. 14
Dec. 31
1924— Mar. 31
June 3Q_.__
Oct. 10
Dec. 31
1925— Apr. 6
June 30
Sept. 28
Dee. 31
3
1
1
1
4
4
|
1
1
2 j
1
::::::
"""
1,961
2,071
41 i ! 2,048
33 [ 2,085
m
41 i 1,989
2,093
40 2,117
3i ;
!
21
21
22
14
13
12
12
87
ALL MEMBER BANKS
PRINCIPAL ASSETS AND LIABILITIES ON CALL DATES, 1919-1941
[Amounts in millions of dollars]
Call date
Total
Memoranda
Capital accounts
Deposits
U.S.
Inter- Gov- Postal Other
debank2 ern- 3 sav-4
ment ings mand
Other
time
Borrowings
Accept- Other
ances liaout- bilistand- ties
ing
Total
Com- Premon ferred
stock stock5
Surplus
ReDeNet
Undi- serves mand
devided for
deprof- con- posits maud
its e tinad- 7 de- 7
gen- justed posits
cies,
etc.6
1919—June 30
Nov. 17
Dec 31
1,322
1,395
1,439
375
362
374
44
24
38
3
3
3
710
814
819
188
192
205
90
112
147
50
47
60
19
15
10
174
190
188
74
83
83
75
78
79
25
30
26
614
'704
692
862
911
934
1920— May 4
June 30
Nov 15
Dec. 29
1,349
1,378
1,335
1,27,9
344
322
301
302
2
5
11
11
3
3
2
1
794
829
808
745
206
218
214
220
256
255
209
217
73
66
60
52
14
14
15
14
194
196
213
215
84
85
92
92
81
81
83
85
29
30
38
38
696
711
696
652
946
939
902
863
1921— Apr. 28
June 30
Dec. 31
1,252
1,248
1,277
288
268
278
12
14
25
1
2
1
724
734
742
227
230
232
141
134
51
45
39
35
12
9
11
220
222
220
92
93
91
86
86
85
42
44
44
654
647
653
856
848
859
1922— Mar. 10 „
June 30
Dec. 29 -.
1,358
1,402
1,512
366
325
336
29
10
26
1
1
2
718
816
871
243
251
277
3
14
18
27
39
33
18
18
31
217
217
229
88
88
88
83
83
83
46
47
58
643
707
742
915
953
1,003
1923—Apr 3
June 30
Sept 14
Dec. 31
1,442
1,471
1,434
1,491
356
330
337
331
16 .
15
5
10
2
2
2
2
794
847
820
868
274
277
270
280
50
16
30
28
29
20
27
32
33
31
26
25
225
227
230
228
87
92
93
92
83
80
80
80
55
55
57
56
695
744
726
, 733
949
979
964
976
1924— Mar. 31
June 30
Oct. 10
Dec. 31
1,401
1,634
1,729
1,739
350
429
473
400
14
9
10
18
3
3
3
3
766
903
937
979
268
290
305
339
15
1
33
28
33
36
29
17
29
34
230
231
235
228
93
93
88
89
80
80
85
88
58
59
62
50
668
766
849
843
929
1,066
1,186
1,133
1925— Apr. 6
June 30
Sept 28
Dec. 31
1,651
1,773
1,739
1,786
390
393
359
377
27
12
10
15
3
3
3
2
883
996
999
1,008
349
369
369
385
16
11
13
24
40
21
20
22
22
32
50
34
233
233
226
219
91
91
92
91
89
89
89
90
52
53
44
38
790
852
902
848
1,051
1,108
1,143
1,151
1926— Apr 12
June 30
Dec 31
1,692
1,773
1,811
382
382
371
12
7
9
2
2
2
906
984
1,016
390
398
412
IS
36
8
26
23
25
28
33
42
225
228
231
96
96
96
- 98
98
99
31
33
37
795
857
859
1,095
1,120
1,158
1927— Mar. 23
June 30
Oct. 10
Dec. 31
1,750
1,839
1,899
2,009
377
344
372
352
20
11
22
10
2
2
2
2
947
,042
,053
.128
405
440
450
518
21
11
5
16
25
20
27
32
33
34
30
43
239
244
249
268
97
97
100
110
100
100
100
113
41
46
49'
45
845
915
935
978
1,141
1,180
1,227
1,261
1928— Feb. 28
June 30
Oct. 3
Dec. 31
1,946
2,027
2,014
2,068
371
332
380
359
3
4
8
6
2
2
2
2
,043
,090
,083
,166
528
600
542
535
11
64
46
70
31
31
30
43
36
42
33
35
270
279
294
300
111
111
115
115
113
113
118
118
46
55
40
41
22
26
934
958
964
975
1,215
1,204
1,222
1,210
1929— Mar. 27
June 29
Oct. 4
Dec. 31
1,815
1,866
1,927
1,879
345
352
364
363
33
21
16
8
1
2
2
2
,026
,079
,114
,115
409
413
431
390
93
57
48
41
47
40
69
86
48
50
41
62
314
314
316
316
143
146
149
149
116
122
121
121
30
23
25
22
25
23
21
24
872
949
998
957
1,170
1,157
1,217
1,187
1930— Mar. 27 „
June 30
Sept. 24
Dec. 31
1,830
1,977
2,036
2,047
405
430
426
432
7
9
5
25
3
3
4
5
,025
,078
,076
,120
391
458
525
464
2
23
2
78
63
80
69
42
54
.43
77
321
318
326
320
149
150
151
150
121
122
124
124
26
25
29
26
24
21
22
21
935
969
990
1,010
1,199
1,233
1,231
1,242
1931— Mar. 25..,
June 30
Sept. 29
Dec. 31_
1,933
1,893
1,783
1,624
468
402
357
318
30
25
12
16
7
12
12
17
958
998
987
913
470
456
415
360
6
1
67
56
41
46
44
50
42
63
322
295
284
270
150 _
139
130
130
125
114
114
114
26
23
21
16
21
18
19
10
900
919
928
826
1,163
1,148
1,106
1,034
1932—June 30 ...
1,356
Sept. 30.,_._ 1,424
Dec. 31
1,509
252
301
295
21
32
18
42
30
11
747
779
888
293
281
296
53
40
36
17
20
31
32
21
269
216
195
130
130
120
114
64
55
10
14
13
15
8
7
692
733
838
801
838
926
1933—June 30
Oct. 25. .
Dec. 30 .
1,645
1,690
1,720
262
268
272
46
50
41
6
5
5
973
1,018
1,049
359
347
354
26
20
19
24
28
33
204
208
203
123
123
75 "~50~
56
56
43
11
15
13
15
15
22
912
968
984
991
1,069
1,083
1934— Mar. 5
June 30
Oct. 17.
Dec. 31
1,790
1,937
2,098
2,154
338
395
436
447
70
47
31
46
4
1
1
1
1,014
,133
,272
,278
364
361
358
381
22
11
' 8
11
28
30
28
35
229
228
230
226
74
70
71
71
75
76
76
76
38
37
37
38
12
15
15
11
31
29
31
30
962
1,077
1,196
1,189
1,158
1,321
1,477
1,448
1935— Mar. 4
June 29
Nov. 1
Dec. 31
2,174
2,427
2,495
2,574
508
507
532
526
41
20
62
98
,250
,431
,499
1,536
374
469
403 —
413
12
5
6
7
29
42
27
33
230
228
228
229
71
71
70
70
76
76
76
66
37
38
38
45
14
12
15
13
31
30
29
35
1,179
1,357
1,416
1,401
1,520
1,634
1,822
1,827
::::::
,
_
BANKING AND MONETARY STATISTICS
88
NO. 27-CENTRAL RESERVE CITY MEMBER BANKS IN CHICAGO-PRINCIPAL
ASSETS AND LIABILITIES ON CALL DATES, 1919-1941-Continued
[Amounts in millions of dollars]
Loans and investments
Investments
Call date
Total
Loans
Total
U.S.
Government
obligations
Reserves
with
Federal
Other Reserve
secuBank
rities
Cash Bank
CusBalBaltomitems premin
ances ances
ises, Other ers' Secuwith with proc- furni- real
lia- rities Other
ture estate bility bor- aasete
ess
domes- forand
of
tic 1 eign 1
on rowed
banks banks collec- fixaction tures
ceptances
Cash
in
vault
Total
assets
Total
labilities
Number
of
banks
1836— Mar. 4
June 30
Dec. 31.
1,946
1,951
2,100
476
533
633
1,470
1,419
1,467
1,220
1,106
1,201
250
312
266
480
749
558
35
38
32
195
195
188
2
2
2
96
147
159
25
25
23
8
8
7
5
4
4
36 , 2,827
45 3,162
36 3,108
15
15
14
1937— Mar 31
June 30
Dec 31
1,868
1,969
1,901
649
675
635
1,220
1,295
1,266
947
1,001
1,010
273
294
255
482
596
596
21
27
27
93
156
179
1
2
2
1H
130
146
22
22
22
7
7
6
9
3
3
26
25
24
2,643
2,938
2,906
12
13
13
X938— Mar 7
June 30
Sept. 28
Dec. 31.
1,997
1,806
1,889
1,969
614
525
522
539
1,382
1,281
1,367
1,430
1,108
981
1,047
1,114
275
300
319
316
566
936
856
884
22
31
32
35
135
208
198
235
2
2
2
2
84
106
99
120
22
21
21
21
6
6
8
3
3
3
2
19 | 2,855
16 3,135
18 3,123
15 3,289
13
13
13
13
1939— Mar. 29
June 30
Oct 2
Dec. 30
1,965
2,052
2,050
2,105
545
544
563
569
1,420
1,507
1,487
1,536
1.100
1,175
1,172
1,203
319
332
315
333
705
897
1,080
993
22
26
37
42 '
178
235
237
283
2
2
2
1
100
118
107
128
21
21
21
20
6
6
6
5
2
2
2
3
17 3,018
15 3,374
17 ! 3,558
15 3,595
13
13
13
14
1940— Mar. 26 ... ,. 2,222
2,205
June 29
Dec. 31 .„ . 2,377
564
603
696
1,658
1,602
1,681
1,319
1,258
1,307
339
344
375
909
1,187
1,051
25
39
42
195
242
319
I
109
100
165
20
20
20
5
5
4
4
3
3
16
15
13
3,507
3,815
3,995
13
13
13
1941— Apr. 4.... . 2,649
2,707
June 30
Sept. 24
, 2,573
Dec. 31
p 2,760
780
846
918
954
1,869
1,861
1,655
1,806
1,466
1,483
1,304
1,430
403
377
351
376
815
1,062
1,278
1,021
20
41
39
43
283
262
271
298
137
150
142
204
20
19
19
19
4
3
3
2
2
3
2
2
17
16
15
14
3,945
4,264
4,341
4,363
13
14
13
13
Deposits
Gall date
U.S.
Gov- Postal Other
saverndement 3 ings 4 mand
Other
time
Total
Interbank 2
jg3g— Mar 4
June 30
Dec 31
2,571
2,879
2,839
597
641
604
81
102
72
1,486
1,693
1,713
1937— Mar. 31
June 30
Dec 31
2,379
2,675
2,636
601
542
534
96
41
65
1,242
1,639
1,584
440
452
454
1938— Mar 7
June 30
Sept. 28
Dec 31
2,594
2,869
2,850
3.019
694
646
667
92
86
62
83
.:::::
1,456
1,629
1,683
1,808
1939— Mar 29
June 30
Oct 2
Dec 30
2,741
3,090
3,274
3,330
844
759
867
888
83
60
63
83
"in:
1940— Mar 26
June 29
Dec 31
3,235 1,004
956
3,541
'1,004
3,710
1941 — Apr 4
June 30
Sept. 24
Dec. 31 •„
3,658
3,970
4,044
4,057
Borrowings
407
444
449
1,158
1,018
1,089
1,035
Memoranda
Capital accounts
Accept- Other
ances liabilioutjtand- ties
ing
Total
Com- Premon ferred
stock stock5
Surplus
DeReUndi- serves mand
vided for
deprof- con* posits
adtinito«
gen- justed7
cies,
etc.6
Net
demand
depoaits7
5
4
4
25
42
22
226
236
244
71
71
80
66
66
46
45
45
61
14
22
26
29
33
30
1,390
1,546
1,554
1,884
2,101
2,050
9
4
4
15
15
11
238
245
255
90
90
90
36
36
36
61
65
66
19
20
28
32
34
34
1,128
1,509
1,438
1,737
1,941
1,863
462
459
459
461
4
3
3
3
13
13
14
10
245
249
256
257
100
101
101
101
26
26
26
26
66
67
67
72
19
22
27
29
33
33
35
29
1,372
,523
,585
,688
1,919
2,104
2,108
2,217
1,349
1,784
1,854
1,867
464
488
490
492
2
3
3
4
14
11
11
11
261
270
270
250
101
101
101
101
26
26
26
1
72
72
74
87
32
39
38
30
30
33
32
32
,250
,665
,747
,739
2,012
2,263
2,452
2,441
84
83
94
1,653
1.998
2,107
494
504
504
4
3
3
15
11
12
253
260
270
101
101
100
1
1
2
87
87
104
31
36
29 I
33
34
35
1,544
1,898
1,941
2,448
2,695
2,721
113
100
95
127
1,892
2,356
2,370
2,419
496
498
491
476
2
3
2
2
15
12
15
16
270
279
279
288
100
100
100
100
2
2
2
2
104
104
109
121
28
36
31
29
37
37
37
37
1,755
2,205
2,228
2,215
2,743
3,061
3,146
3,084
1
"Balances with foreign banks" are included in "balances with domestic banks" prior to May 4, 1920, and in "other assets*' from May 4,
1920, to December 31, 1926.
2 Before October 3, 1928, all interbank deposits were reported as "due to banks" and were assumed to be demand deposits.
* Includes United States Treasurer's time deposits, open account. Such accounts were first opened in November 1938; before that time all
United States Government deposits were demand deposits.
* Prior to June 30, 1921, figures represent postal savings deposits at national banks only. Under specific provisions of law, postal savings
deposits were subject to the reserve requirements applicable to time deposits from June 21,1917, to August 23,1935, but they were in fact demand
deposits until the passage of the Banking Act of 1933, when the terms under which such deposits were made were amended BO as to conform to
the definition of time deposits.
* Includes capital notes and debentures issued by State member banks (national banks do not issue them). Preferred stock was not issued
by member banks before the banking holiday of 1933.
8
The composition of undivided profits and reserves has been changed from time to time; see introductory text, p. 71.
7
For definitions of "demand deposits adjusted" and "net demand deposits" see introductory text, p, 65.
ALL MEMBER BANKS
89
NO. 28-CENTRAL RESERVE CITY MEMBER BANKS IN CHICAGO-CLASSIFICATION OF LOANS ON CALL DATES, 1928-1941
[In millions of dollars]
Loans on securities, except to banks
Open market paper
To brokers
and
dealers
Acceptances
payable
in U. S.
Total
loans
Call date
1
Total
ComBills
merpaycial
able
paper
Own Accept- abroad
bought
accept- ances
ances1 of other
banks
Real estate loans
To
others
Total
Total
Outside
New
York
City
In
New
York
City
On
other
real
estate
On
farm
land
Loans
to
banks
Other 1
loans
1928— Oct. 3 .
Dec. 31
,505
,519
24
16
1
1
3
1
21
14
914
982
119
75
252
309
543
598
44
42
3
3
41
39
35
40
487
440
1929— Mar. 27
June 29
Oct. 4
Dec. 31
,456
,433
,510
,448
23
10
9
19
8
1
1
9
5
3
.4
5
10
6
4
5
806
774
820
784
18
48
59
11
311
242
257
240
477
484
504
533
22
24
21
21
2
2
2
2
19
22
19
19
62
67
68
88
544
559
592
535
,406
,483
,524
,344
47
77
63
50
3
2
7
18
11
19
13
14
33
56
42
18
808
816
920
718
140
99
233
45
194
229
239
201
"474
487
448
472
20
19
18
20
2
2
2
2
18
18
16
18
58
50
41
55
472
521
482
501
1931— Mar 25
June 30
Sept. 29
Dec. 31
,261
,190
,129
,038
60
66
50
33
11
14
3
2
2
25
42
23
10
21
21'
24
9
721
619
605
533
111
51
27
3
159
133
157
124
452
435
421
407
18
19
25
23
2
2
2
1
16
17
24
22
41
70
65
87
422
417
384
361
1932—June 30
Sept. 30
Dec. 31
876
746
631
36
62
60
15
29
23
5
16
22
5
6
5.
11
12
9
455
378
300
1
1
1
93
85
67
361
292
231
26
26
20
1
1
1
25
25
18
77
53
42
282
227
210
677
701
604
69
77
71
24
27
32
27
25
15
7
7
8
12
19
16
312
312
259
13
16
18
48
51
33
251
245
208
30
32
30
3
2
1
26
30
28
30
26
22
237
254
222
587
556
560
532
69
54
69
77
27
21
18
16
18
13
20
29
7
1
7
5
17
18
25
27
254
249
224
225
15
19
24
26
36
41
23
29
203
188
178
170
28
21
20
18
1
1
1
1
27
20
19
17
16
13
11
11
221
219
238
202
1935— Mar. 4.
June 29
Nov. 1
. Dec. 31
537
485
456
476
51
31
28
29
12
12
11
14
14
4
3
1
3
1
1
1
21
14
13
12
228
197
180
178
28
30
33
25
28
171
163
154
149
17
15
15
15
1
1
1
1
16
14
14
14
8
7
6
6
232
236
227
249
1936— Mar, 4
June 30
Dec. 31
476
533
633
26
24
21
12
10
8
2
3
3
1
2
1
10
10
10
180
204
191
32
59
50
148
145
140
13
J4
13
1
1
1
13
14
13
5
5
6
251
284
402
1937— Mar. 31
June 30
Dec 31
649
675
635
18
26
26
2
6
6
2
3
1
1
1
2
12
16
16
207
196
171
52
50
41
155
145
129
14
13
12
1
13
13
11
4
2
1
407
437
426
1938— Mar 7
June 30
Sept 28
614
525
522
27
15
18
6
3
3
1
2
1
19
11
152
138
143
39
29
31
113
109
111
11
10
10
1930— Mar. 27
June 30
Sept, 24
Dec. 31
1933 —June 30
Oct. 25
Dec. 30
1934— Mar. 5
June 30
Oct. 17.
Dec. 31
...
. .
...
rs
Open market paper
Call date
Commercial
loans
Agricultural
loans
Total
Bills
CommerTo
payTo
broable
cial
kers others
Own Accept- abroad paper
bought and
accept- ances
dealers
ances c f other
banks
423
361
351
Real estate loans
I+oans for,
purchasing
or carrying
securities
Acceptances
payable in
U.S.
Total
loans
11
10
10
Total
On
farm
land
On
residential
property
Other
Loans
to
banks
Other
loans
Dec 31
539
319
17
16
2
13
43
70
12
7
5
1939 — Mar 29
June 30
Oct. 2 2
Dec 30
545
544
563
569
340
329
22
19
14
15
1
2
1
13
11
32
39
70
71
12
12
7
7
5
6
57
59
365
6
17
2 .
2
13
41
66
13
8
5
60
1940— Mar. 262
June 29
Dec 31
564
603
696
417
476
8
5
16
17
2
2
1
I
13
14
23
42
61
54
16
19
8
10
8
8
62
84
1941 — Apr 4 a
June 30 2
Sept. 24
Dec 31
780
846
918
954
609
5
21
2
2
17
36
55
20
11
8
711
6
21
3
2
16
48
52
22
13
8
1938
1
2
'
Reporting banks' "own acceptances" are included in "other loans" prior to December 1931.
Beginning with October 1939 a detailed classification of loans has not been required as of spring and autumn call dates.
1
62
101
1
95
BANKING AND MONETARY STATISTICS
90
NO. 29-CENTRAL RESERVE CITY MEMBER BANKS IN CHICAGO-CLASSIFICATION OF INVESTMENTS ON CALL DATES, 192MM1
[In millions of dollars]
Other domestic securities
U. S. Government obligations
Total
investments
Call date
Total
Obligations
Bonds, notes, and
of
debentures
Direct
States
Guarand
anteed polit- Total Government
ical
agencies
subdiviRail- Util- Other
not
Bills" Notes Bonds
guar- roads8 ities'
sions
anteed
byU.S.2
Corporate
stocks
Foreign
securities
F,R.
Bank
Other
Total
securities
maturing in
5 years
or less
1928— Oct 3
Dec 31
405
391
191
174
19
7
47
41
125
125
90
94
106
107
16
21
22
19
54
49
7
7
8
11
18
16
1929— Mar 27
June 29
Oct 4
Dec 31
337
334
313
309
164
159
153
116
8
5
3
3
50
35
34
19
106
119
116
94
72
93
86
96
92
75
63
81
10
11
10
13
16
12
10
16
53
37
30
37
8
S
8
8
5
7
5
7
8
7
11
15
1930— Mar 27
June 30
Sept 24
Dec 31
310
366
409
518
146
160
157
240
10
5
53
78
17
26
24
39
119
129
81
123
81
101
133
139
67
86
97
115
11
11
12
14
14
19
20
23
28
43
50
64
8
8
8
8
5
5
6
6
17
19
22
23
1931— Mar 25
June 30
Sept 29
Dec 31
592
563
514
480
329
346
308
288
193
177
178
152
27
32
38
39
108
137
92
98
127
91
93
85
105
112
100
96
13
15
11
11
25
32
21
18
52
50
56
54
81
8
8
7
6
8
5
5
30
15
13
11
1932— June 30
Sept. 30
Dec 31
401
445
414
234
256
228
106
136
127
57
49
12
72
71
89
63
61
75
95
118
102
12
10
7
17
27
25
53
50
55
7
7
7
5
23
8
9
10
9
1933— June 30
Oct. 25.. .....
Dec. 30
610
495
655
384
284
386
206
143
242
82
10
15
97
130
129
87
80
90
127
121
166
18
16
16
33
28
27
59
58
104
6
6
6
11
13
14
11
11
12
852
889
982
1,049
564
585
687
743
300
123
209
164
121
194
2Q6
299
142
268
271
279
75
76
77
78
99
114
122
129
102
96
89
90
1
2
2
1
18
14
14
15
27
26
25
23
37
35
31
33
6
6
6
6
14
13
12
12
12
19
6
10
1,167
„.. 1,107
1,336
1,392
877
766
973
1,061
278
63
165
213
288
373
586
604
312
330
222
243
78
87
96
88
116
151
165
141
83
88
86
88
1
1
1
1
15
15
15
15
22
25
27
24
26
29
29
27
6
6
6
6
13
12
8
15
13
16
16 ..„-...
14
1,470
1936— Mar 4
June 30... . . 1,419
1,467
Dec. 31
1,131
1,014
1,107
323
29
198
586
584
375
222
401
533
89
92
94
147
172
143
91
123
112
I
16
16
18
19
22
24
35
30
27
32
28
5
5
5
16
15
11
12
17
11
1937— Mar. 31
June 30
Dec. 31
1,220
1,295
1,266
853
907
.916
37
30
32
303
366
366
513
511
518
94
94
94
160
173
135
105
115
114
17
24
28
26
24
20
22
25
25
24
26
24
6
6
6
11
11
11
7
6
1938— Mar. 7
June 30
Sept. 28
Dec. 31.
1,382
1,281
1,367
1,430
1,008
859
921
1,005
153
12
1
59
371
313
310
291
484
535
611
655
100
122
126
109
136
140
144
141
130
148
161
161
26
20
23
27
20
23
24
23
26
37
43
45
25
34
38
36
6
6
6
6
27
28
28
24
8
11
14
15
6629
1939— Mar. 29.,.. „
June 30
Oct. 2 H
Dec. 30
1,420
1,507
1,487
1,536
992
1,040
1,017
1,031
121
185
212
234
660
621
26
27
22
20
44
48
36
39
6
6
23
23
14
16
5609
*729
176
701
149
154
147
162
157
163
153
108
135
155
172
156 1
25
25
43
34
6
23
15
685
1940— Mar. 26"
June 29
Dec. 31
„.
1,658
1,602
1,681
1,180
1,125
1.J94
710
752
139
134
112
175
177
188
155
17c
32
41
27
33
37
33
32
41
6
6
22
22
12
12
730
781
1941— Apr. 4 6
June 30
Sept 24 «
Dec. 31
.. 1,869
1,861
1,655
1,806
1,342
1,346
1,145
1,311
125
138
159
119
226
190
175
182
178
46
33
34
39
6
20
10
922
185
51 .
33
30
46
7
17
8
759
1934— Mar. 5 .
June 30
Oct. 17.
Dec 31
1935— Mar. 4
June 29
Nov. 1
Dec. 31_
1
254
297
161
145
417
125 ""§03"
256
153
903
(')
Includes certificates of indebtedness up to and including October 17, 1934; no Treasury certificates outstanding from December 1934 xmtil
early2 1942. Treasury bills were first issued in December 1929.
Included in "other" bonds, notes, and debentures prior to March 5, 1934. Securities guaranteed as to interest only, first issued in July 1933
and 8
replaced in 1934-1935 by fully guaranteed obligations, have been classified as not guaranteed.
Comprises bonds only, October 1928 to December 1933, inclusive, and bonds, notes, and debentures thereafter.
4
Not reported separately; included in' 'other'' bonds, notes, and debentures. No such securities (guaranteed as to both principal and interest)
were6issued until late in 1933.
This is the amount reported as "maturing in 1939-1943." A classification of securities by maturity was not required before December 1938.
9
Beginning with October 1939 a detailed classification of securities has not been required as of spring and autumn call dates.
ALL MEMBER BANKS
91
NO. 30-CENTRAL RESERVE CITY MEMBER BANKS IN CHICAGO-CLASSIFICATION OF DEPOSITS ON CALL DATES, 1928-1941
[In millions of dollars]
Demand
Interbank
Call date
Total
Domestic
Foreign
U.S.
Government
Time
IndiU.S.
Interbank
Gov- States
vidStates Certiernuals,
and
fied
and
partment politand
politand
Total
nerical
offiical
Do- For- postal subcers' ships,
submestic eign sav-1 dividivi- checks, corpoings
sions
etc. rations,
sions
etc.
Individuals, partnerships,
corporations, etc.
Total
Savings
ChristCertifimas
cates Open savacof
ings
de- counts and
2
posit
similar
accounts2
2
2
37
31
504
504
274
276
63
74
168
154
6
10
7
1
2
2
2
34
43
72
58
375
370
358
332
188
199
184
156
74
47
56
54
114
124
118
122
22
16
16
18
19
22
33
23
3
3
4
5
50
90
121.
73
341
368
404
391
165
167
171
184
54
62
82
73
122
139
151
134
533
498
455
389
27
16
18
10
29
14
10
1
7
12
12
17
63
37
21
11
407
419
395
349
197
205
198
185
56
66
52
41
155
149
145
123
664
729
813
350
325
319
13
13
12
2
1
42
30
11
9
4
2
284
278
295
133
136
148
49
40
42
101
102
105
16
13
15
870
920
911
365
353
359
6
5
5
1
1
1
358
347
353
271
275
288
34
41
36
52
31
27
1
1
2
133
174
166
182
16
15
20
23
865
944
1,086
1,073
368
363
358
382
1
364
361
357
381
296
301
318 330
33
21
18
17
32
36
19
32
3
3
3
2
41
20
62
98
184
198
204
208
19
24
22
27
1,047
1,208
,274
,301
374
469
403
413
374
469
403
413
331
348
351
362
20
45
19
19
20
73
30
30
3
3
3
3
4
5
5
81
102
72
217
221
191
26
27
27
,243
,444
,495
407
444
449
407
444
449
356
368
380
18
43
37
30
30
30
3
3
3
596
536
528
5
6
5
96
41
65
203
208
207
38
22
23
,001
,409
,354
440
452
454
8
440
452
445
376
391
391
31
27
21
30
30
31
3
3
3
2,132
2,410
2,391
2,558
576
688
636
658
7
6
10
9
92
86
62
83
170
221
204
181
17
23
24
29
,270
,386
,455
,597
462
459
459
461
16
16
21
9
445
443
439
452
390
394
390
405
20
15
15
15
34
33
33
32
1
1
1939— Mar. 29
June 30
Oct. 2 a
Dec 30
2,277
2,602
2,781
2,835
834
746
853
879
10
12
14
9
83
60
60
80
141
197
195
167
26
22
27
24
,182
,565
,632
,676
464
488
493
495
12
17
21
10
452
471
469
483
406
415
15
24
30
31
1
1
3
3
428
24
30 _ _ _ _ _ _
1940— Mar. 26 3
June 29
Dec. 31
2,737
3,033
3,201
997
949
997
7
7
8
80
79
90
133
199
174
18
17
27
,503
,782
,905
498
508
509
5
5
5
11
15
8
482
489
496
429
436
29
29
30
31
1
1941— Apr. 43......
June 30
Sept. 243
Dec. 31
3,158
3,468
3,554
3,581
1,151
1,010
1,081
1,027
7
8
8
8
108
95
95
127
181
213
228
233
26
33
29
34
1,685
2,109
2,112
2,152
500
502
491
476
5
5
10
17
22
486
480
469
476
429
26
24
1
425
26
25
1928— Oct 3
Dec. 31
,447
,509
349
328
8
9
8
6
90
53
32
39
961.
1,074
567
558
1929— Mar. 27
June 29
Oct. 4
Dec. 31
,383
,423
,462
,460
310
314
312
310
14
9
20
26
33
21
16
.8
27
73
39
42
966
34
21
985
27 1,048
32. 1,041
432
444
464
419
23
22
19
1930— Mar. 27
June 30
Sept. 24
Dee. 31
,397
,479
,459
,537
338
370
356
365
27
22
22
26
7
9
5
25
27
54
45
69
23
29
31
24
975
994
1,000
1,027
434
499
577
510
1931— Mar. 25
June 30
Sept. 29
Dec. 31
,400
,396
,328
,235
388
345
284
274
24
28
45
32
30
25
12
16
36
108
75
41
15
19
16
16
907
870
897
856
1932— June 30
Sept. 30
Dec 31
,007
,099
,189
235
285
279
3
3
4
21
32
18
70
38
62
14
12
13
1933 — June 30
Oct. 25
Dec 30
,280
,337
,362
259
266
270
2
2
2
46
50
41
87
86
122
1934— Mar 5
June 30
Oct. 17
Dec 31
,422
,574
,739
,772
336
391
434
445
2
2
2
2
70
47
31
46
1935— Mar 4
June 29
Nov 1
Dec 31
1,799
1,958
2,092
2,160
505
504
527
522
3
3
4
4
193g — Mar 4
June 30
Dec 31
2,164
2,435
2,389
594
635
599
1937— Mar 31
June 30
Dec. 31
1,939
2,223
2,182
1938— Mar 7
June 30
Sept. 28
Dec. 31
1
8
8
24
21
21
1
1
4
1
1
1
United States Treasurer's time deposits, open account, were first established in November 1938.
"Christmas savings and similar accounts" are included in "open accounts" before June 1933.
A condensed form of report was adopted for spring and autumn calls beginning with October 1939. For this reason, no breakdown of time
deposits of individuals, partnerships, and corporations is available; and the breakdown of interbank deposits, both demand and time, into those
of domestic and foreign banks, respectively, has been estimated.
BANKING AND MONETARY STATISTICS
92
NO. 31-RESERVE CITY MEMBER BANKS-PRINCIPAL
[Amounts in millions of dollars!
Loans and investments
Investments
Call date
Total
Total
U.S.
Government
obligations
Loans
.Reserves Cash
with
in
Federal vault
Other Reserve
secu- Banks
rities
Balances
with
domestic
banks
i
Cash Bank
CusTotal
tomBal- items premassets
ances
iseSj Other ers' Secuin
Numwith proc- furni- real
lia- rities Other
ber
foress
ture estate bility bor- assets
of
and
of
on rowed
eign
banks
acbanks collec- fixTotal
i
tion tuires
ceptliabiliances
ties
1919— June 30
Nov 17
Dec. 31
7,058
7,815
8,187
4,979
5,820
6,122
2,079
1,995
2,065
1,180
1,001
1,025
900
994
1,039
502
560
594
160
174
209
799
999
954
500
713
769
156
166
171
27
30
30
163
207
225
• 108
72
65
46 9,519
40 10,778
44 11,248
535
544
554
1920— May 4
June 30
Nov 15
Dec. 29
8,492
8,438
8,524
8,419
6,565
6,614
6,746
6,653
1,927
1,824
1,778
1,766
877
791
745
716
1,050
1,033
1,033
1,050
595
569
569
555
182
186
181
203
752
736
734
636
640
700
751
604
180
183
195
198
31
30
30
31
251
234
199
175
* 57
64
61
78
79
85
94
94
11,259
11,227
11,339
10,994
568
575
583
586
1921 —Apr. 28 . _.. 8,035
7,929
June 30
7,676
Dec. 31
6,296
6,169
5,906
1,740
1,760
1,770
683
667
697
1,057
1,093
1,073
530
517
546
167
156
137
523
542
600
433
520
563
205
214
235
38
34
36
125
113
100
67
58
60
71 10,196
75 10,158
80 10,035
585
587
585
1922-=Mar, 10
June 30
Deo 29
7,672
7,936
8,623
5,837
5,824
6,224
1,834
2,112
2,400
757
945
1,193
1,077
1,167
1,207
545
585
621
135
137
172
696
719
738
464
600
690
242
252
264
45
48
52
80
78
112
46
32
31
7.6 10,002
85 10,472
103 11,405
584
591
574
1923— Apr 3
June 30
Sept. H.
Dec. 31
8,968
9,109
9,062
8,959
6,536
6,657
6,686
6,634
2,432
2,452
2,376
2,326
1,257
1,248
1,187
1,093
1,175
1,204
1,189
1,232
646
620
628
615
150
130
161
164
696
652
666
714
665
636
666
830
274
279
289
297
56
61
57
55
121
100
84
106
28
28
31
31
95
86
92
97
11,698
11,701
11,735
11,869
569
569
565
560
1924— Mar. 31
June 30
Oct. 10
Deo. 31
9,093
9,104
9,645
9,908
6,777
6,702
6,959
7,106
2,316
2,402
2,686
2,802
1,096
1,112
1,278
1,339
1,220
1,291
1,408
1,463
616
635
702
726
146
150
161
179
674
862
1,157
968
650
706
679
858
308
325
331
339
59
53
54
53
107
77
79
120
28
31
28
27
91
87
106
122
11.772
12,030 1
' 12,942 i
13,300
554
552
555
549
1925— Apr 6
June 30
Sept. 28_,«,___
Dec 31
10,230
10,298
10,591
10,728
7,358
7,443
7,713
7,842
2,872
2,855
2,877
2,886
1,388
1.331
1,342
1,319
1,484
1,525
1,535
1,567
721
740
720
746
156
156
156
176
842
810
803
886
658
776
699
963
346
355
359
362
112
54
50
83
51 , 89
113
51
19
18
19
22
126
135
113
109
13,265
13,421
13,599
14,156
551
553
550
549
1926— Apr. 12
June 30
Dec. 31
10,913
10,920
11,021
7,956
7,987
8,165
2,957
2,932
2,855
1,408
1,326
1,183
1,549
1,606
1,673
747
745
749
164
156
156
812
850
846
785
826
934
372
376
384
51
50
52
111
95
129
24
25
25
113 14,092
117 14,159
143 14,439
544
544
540
1927— Mar. 23
June 30
Oct. 10
Dee. 31
11,355
11,482
11,704
11,904
8,195
8,291
8,390
8,462
3,160
3,191
3,314
3,442
1,417
1,408
1,482
1,547
1,743
1,783
1,832
1,895
776
751
766
815
161
162
162
158
785
807
844
899
64
54 i
59 |
49
660
825
784
864
386
397
403
405
56
55
58
58
118
109
135
172
22
17
15
22
74
77
92
04
14,458
14,737
15,022
15,439
523
522
528
533
1928— Feb. 28
June 30
Get. 3
Dee. 31
11,865
12,192
12,211
12,156
8,356
8,657
8,681
8,702
3,509
3,535
3,536
3,454
1,632
1,599
1,703
1,662
1,877
1,936
1,827
1,791
801
784
793
779
157
146
153
167
804
806
835
899
57
46
46
47
707
739
858
1,035
403
415
412
415
59 '160
60
156
58 i 164
213
60
15
22
22
21
89
85
99 !
90
15,115
15,451
15,653
15,882
532
530
523
517
1929— Mar. 27
June 29
Oct. 4
Dec. 31
_ 12,132
12,065
12,161
12,029
8X733
8,789
9,085
9,084
3,400
3,276
3,075
2,944
1,732
1,607
1,519
1,368
1,668
1,670
1,557
1,576
764
772
766
751
149
124
146
156
766
801
829
947
49
42
37
38
736
773
804
1,041
403
422
427
435
63
62
61
63
170
162
219
285
21
23
20
24
101
105
98
104
15,359
15,351
15,567
15,874
495
488
469
458
1930— Mar. 27
June 30
Sept. 24
Dec. 31
11,858
11,852
12,038
11,897
8,752
8,533
8,500
8,379
3,105
3,319
3,537
3,517
1,516
1,525
1,628
1,486
1,590
1,794
1,909
2,031
772
787
772
771
138
136
128
169
849
1,133
1,220
1,142
41
45
45
53
584
738
543
764
433
436
438
449
66
68
72
67
260
221
210
246
14
14
13
10
106
100
116
104
15,122
15,532
15,596
15,672
440
430
421
402
1931— Mar. 25
June 30
Sept. 29
Dec. 31
12,113
11,814
11,372
10,598
8,028
7,627
7,325
6,852
4,085
4,186
4,047
3,746
1,984
2,062
1,993
1,844
2,101
2,125
2,054
1,902
785
803
720
652
132
151
163
154
1,403
1,188
881
751
67
70
37
33
447
594
459
619
448
448
441
426
74
79
79
80
182
171
127
126
14
11
9
5
126 15,792
124 5,454
124 14,411
109 13,553
397
383
366
352
1932— June 30
Sept. 30
Dec. 31
9,768
9,788
9,489
6,015
5.806
5,542
3,753
3,981
3,948
1,953
2,209
2,234
1,800
1,772
1,714
619
609
646
131
119
126
871
1,078
1,240
29
29
28
392
365
417
420 i
418
412
86
96
108
62
56
47
4
4
5
115 13,499
123 12,684
117 12,636
329
327
322
1933— June 30. .__„ 8,492
8,756
Oct. 25
8,898
Dec. 30
4, '482
4,605
4,553
4,011
4,151
4,344
2,483
2,605
2,823
1,528
1,546
1,522
705
739
857
122
135
153
1,002
958
969
31
35
38
401
338
420
338
338
338
91
103
105
45
47
58
2
1
4
117 11,346
97 11,547
116 11,955
285
294
299
.. 9,376
9,609
9,826
0,028
4,466
4,394
,385
,312
4,911
5,214
5,441
5,715
3,390
3,535
3,733
4,088
1,521
1,679
1,708
1,628
985
1,197
1,229
1,268
147
154
193
207
1,176
1,397
1,422
1,543
26
28
43
49
341
411
476
537
337
334
333
331
113
119
127
131
53
41
42
41
3
1
119
119
115
116
12,675
13,409
13,805
14,252
308
328
328
328
,270 5,766
0,036
1935— Mar, 4
,165 5,986
June 29
_ 0,151
,268 6,253
Nov. 1
0,'521
0,780 4,347 6,432
Dec. 31
For footnotes see end of table, p. 94.
4,100
4,283
4,547
4,731
1,666
1,703
1,706
1,701
1,386
1,403
1,591
1,594
197
213
218
256
1,690
1,607
1,849
1,779
43
24
17
13
432
471
579
752
335
334
335
337
136
139
146
148
35
30
31
35
122
98
93
100
14,412
14,471
15,379
15,794
329
329
336
336
1934— Mar. 5 ..
June 30
Oct. i7.»..;_
Dec. 31
ALL MEMBER BANKS
93
ASSETS AND LIABILITIES ON CALL DATES, 1919-1941
[Amounts in millions of dollars]
Capital accounts
Deposits
Borrowings
Accept- Other
ances liaout- bilistand- ties
ing
Total
U.S.
Inter- Gov- Postal Other
bank2 ern- 3 savdement ings* mand
Other
time
igig— june 30
Nov. 17
Deo. 31
7,119
8,165
8,546
1,504
1,807
1,816
326
123
274
26
23
23
4,104
4,741
4,786
1,159
1,470
1,647
780
933
1,029
167
214
229
1920— May 4
June 30
Nov. 15
Dec. 29
8,217
8,281
8,319
7,980
1,543
1,440
1,432
1,348
58
101
101
129
22
22
20
12
4,773
4,857
4,816
4,514
1,821
1,862
1,951
1,977
1,232
1,133
1,181
1,181
1921— Apr. 28
June 30
Dec. 31
7,524
7,580
7,784
1.137
1,113
1,221
116
150
142
12
14
14
4,241
4,248
4,313
2.019
2,056
2,095
1922— Mar. 10
June 30
Dec. 29
8,060
8,615
9,348
1,383
1,382
1,590
160
83
175
f3
14
19
4,319
4,768
4,964
1923— Apr. 3
June 30
Sept. 14
Dec. 31
9,587
9,488
9,498
9,740
1,577
1,359
1,436
1,498
181
159
82
134
21
23
23
21
1924— Mar. 31
June 30
Oct. 10
Dec. 31
9,712
10,108
11,015
11,281
1,439
1,544
2,030
2,041
173
110
192
146
1925 — Apr. 6
June 30
Sept. 28
Dec. 31
11,252
11,363
11,412
11,958
1,853
1,698
1,750
1,815
1926— Apr. 12
June 30
Dec. 31
11,871
11,960
12,029
1927— Mar. 23
June 30
Oct. 10
Dec. 31
Call date
Total
Common
stock
383
314
300
1,071
1452
1,144
475
507
516
258
239
209
182
293
303
300
311
1,259
1,270
1,330
1,340
900
833
510
135
116
106
273 1,364
269 1,360
282 * 1,353
561
567
580
584 ----604
609
611
2,185
2,369
2,599
202
119
250
85
84
117
268
258
258
1,387
1,396
1,433
5,044
5,116
5,112
5,158
2,764
2,831
2,844
2,929
279
402
413
318
135
106
91
119
253
250
260
252
26
35
35
35
5,078
5,253
5,452
5,658
2,995
3,166
3,306
3,400
215
85
55
131
117
85
91
132
252
111
165
177
37
36
36
36
5,556
5,825
5,738
6,129
3,554
3,694
3,723
3,801
120
190
267
268
1,664
1,670
1,729
254
151
132
37
37
38
5,962
6,068
6,011
3,953
4,034
4,118
12,168
12,381
12,623
12,925
1,714
1,696
1,819
1,912
227
139
217
147
41
41
42
42
5,859
6,062
6,001
6,173
1928— Feb. 28
June 30
Oct. 3_
Dec. 31
12,549
12,674
12,752
13,044
1,796
1,563
1,812
1,772
50
150
87
153
42
42
43
43
1929— Mar. 27
June 29
Oct. 4.
Dec, 31
12,391
12,483
12,391
12,889
1,548
1,496
1,599
1,697
165
185
165
76
1930— Mar. 27
June 30
Sept. 24
Dec. 31
12,392
12,886
12,957
13,029
1,640
1,885
2,092
1,902
.. 13,219
12,999
11,837
10,889
Preferred
stock'
Surplus
436
457
468
Memoranda
ReDeUndi- serves mand
Net
vided for
dedeprof- conposits mand
ad- 7 de- 7
its8 tingen- justed posits
cies,
etc.8
159 ----188
160
3,604
4,029
4,017
4,503
5.072
5,131
497
507
518
. 521
201
196
231
236
4,133
4,156
4,065
3,910
5,118
5,104
5,028
4,821
528
529
535
231
223
207
3,806
3,728
3,749
4,569
4,479
4,558
620
630
639
535
541
554
232
224.
239
3,855
4,168
4,274
4,716
5,085
5,320
1,444
1,454
1,473
1,439
657
663
663
659
557
561
554
557
230
230
255
223
4,380
4,480
4,447
4,328
5,451
5,412
5,411
5,372
247
255
248
247
1,482
1,497
1,532
1,510
674
681
686
686
561
573
576
585
247
242
270
240
4,428
4,547
4,773
4,800
5,415
5,535
5,949
6,158
127
92
101
123
214
214
270
269
1,553
1,561
1,547
1,538
699
702
702
704
591
598
600
619
262
261
245
215
4,898
5,049
5,039
5,166
6,110
6,194
6,193
6,409
221
213
367
123
106
141
291
282
276
1,587
1,599
1,627
730
736
746
629
634
652
228
229
229
5,177
5,242
5,077
6,317
6,358
6,257
4,327
4,443
4,544
4,650
204
259
211
240
128
121
147
186
283
272
288
320
1,675
1,704
1,754
1,768
756
770
783
797
667
686
691
698
251
248
280
273
5,199
5,237
5,217
5,309
6,310
6.391
6,448
6,598
5,985
6,048
6,040
6,324
4,677
4,870
4,770
4,752
305
459
521
429
173
167
177
228
319
290
317
293
1,769
1,860
1,886
1,888
791
818
818
822
701
767
775
778
276
276
251
243
41
45
5,279
5,309
5,181
5,289
6,485
6,366
6,394
6,447
42
40
41
41
5,934
5,992
5,959
6,270
4,701
4,771
4,626
4,804
526
414
620
345
192
177
233
306
325
309
316
305
1,925
1,969
2,007
2.029
827
843
854
867
789
827
840
861
266
247
270
243
44
53
42
57
5,199
5,219
5,156
5,229
6,181
6,163
6,151
6,291
159
142
136
152
41
42
47
59
5,675
5,867
5,637
5,847
4,877
4,950
5,046
5,070
97
81
61
117
274
233
220
256
315
295
313
270
2,044
2,038
2,045
1,999
865
861
857
841
867
867
869
854
257
250
260
231
54
60
60
72
5,091
5,129
5,093
5,082
6,035
6,1411
6,120
6,042
2,243
2,039
1,595
1,354
254
187
254
169
82
lOff
143
202
5,487
5,579
5,083
4,959
5,153
5,094
4,761
4,206
78
30
183
387
190
175
133
131
289
265
292
260
2,016
1,985
1,967
1,886
842
834
817
809
852
838
818
779
241
219
219
173
80
94
113
125
5,039
4,985
4,624
4,339
6,034
6,032
5,458
5,121
10,099
10,303
10,375
1,345
1,462
1,587
188
304
211
268
329
338
4,391
4,354
4,422
3,907
3,854
3,818
253
187
128
68
60
53
278
342
360
1,801
1,791
1,720
786
785
783
736
729
661
158
158
135
121
119
141
3,999
3 ,989
4,005
4,626
4,579
4,609
1933—June 30. ... 9,404
9,545
Oct. 25
9,932
Dec. 30
1.389
1,368
1,503
312
375
393
388
377
366
4,165
4,263
4,457
3,150
3,163
3,214
20
32
21
49
53
62
339
352
345
1,533
1,565
1,595
682
690
686
41
56
101
565
559
536
123
137
123
122
122
143
3,764
3,924
4,037
4,332
4,490
4,722
1934— Mar. 5
June 30
Oct. 17
Dec. 31
10,655
11,404
11,810
12,297
1,749
1,907
2,130
2,118
696
635
427
620
345
259
196
186
4,529
5,004
5,422
5,673
3,337
3,599
3,634
3,699
15
3
3
4
57
45
44
44
348
323
306
293
1,600
1,63-3
1,642
1,614
677
655
651
651
127
215
217
213
521
492
493
497
132
134
147
138
144
138
134
114
4,188
4,593
4,947
5,136
4,930
5,377
5,884
6,043
1935— Mar. 4 _
June 29
Nov. 1
Dec. 31
12,447
12,704
13,598
14,023
2,325
2,286
2,572
2,585
505
299
273
385
167
118
84
79
5,628
6,127
6,686
6,912
3,822
3,874
3,983
4,062
7
3
3
1
39
35
35
39
279
85
77
74
1,640
1,643
1,666
1,657
642
643
618
618
226
223
,221
218
496
494
527
539
145
154
172
158
131
130
128
124
5,197
5,656
6,107
6,161
6,115
6,640
7,041
7.295
1931— Mar. 25 _
June 30
Sept. 29
Dec. 31
1932—June 30
Sept. 30
Dec. 31
::::::
BANKING AND MONETARY STATISTICS
94
NO. 31-RESERVE CITY MEMBER BANKS-PRINCIPAL ASSETS AND LIABILITIES ON CALL DATES, 1919-1941-Continued
[Amounts in millions of dollars]
Loans and investments
Investments
Call date
Total
Total
U.S.
Government
obligations
Loans
Reserves
with
Federal
Other Reservi
secu- Banks
rities
Cash
in
vault
Balances
with
domes*
tic
banks i
Cash Back
Bal- items premin
ises, Other
ances
with proc- furni- 1 real
foress
ture estate
eign
and
of
banks1 collec- fixtion tures
Total
Cusassets
tomers' SecuNumlia- rities Other
ber
bility bor- i assets
of
on rowed
banks
acTotal
ceptliabiliances
ties
1936— Mar. 4
June 30
Dec. 31
10,655
, 11,306
11,795
4,279
4,443
4,794
6,375
6,863
7,000
4,614
5,000
5,123
,761
,863
,877
1,794
1,763
2,108
264
289
285
1,910
1,907
1,816
13
13
14
607
763
971
345
343
338
149
150
142
35
28
35
89 15,860
85 16,648
86 17,591
336
338
336
1937 Mar 31
June 30
Dec. 31
11,611
11,629
11,414
4,886
4,994
5,203
6,725
6,635
6,211
4,919
4,902
4,599
,805
,733
1,612
2,108
2,215
2,310
264
212
200
1,545
1,392
1,470
16
16
17
764
805
841
340
340
338
145
135
127
48
45
33
77 16,917
74 16,863
67 16,822
338
337
340
11,250
11,150
.. 11,426
11,654
5,031
4,853
4,870
4,963
6,219
6,298
6,556
6,691
4,610
4,658
4,831
5,018
1,609
1,639
1,725
1,673
2,376
2,289
2,311
2,354
213
300
322
321
1,632
1,951
1,862
1,940
15
18
12
11
538
693
595
787
33§
337
338
329
127
126
126
216
32
21
23
27
75
69
80
81
16,595
16,954
17,095
17,720
340
343
344
344
1939— Mar. 29.
June 30
...
Oct. 2 . .
Dec. 30
11,624
11,756
11,880
12,272
4,936
5,004
5,127
5,329
6,688
6,751
6,752
6,944
5,005
4,991
4,999
5,194
1,683
1,760
1,754
1,749
2,459
2,735
3,053
3,118
342
318
323
348
2,106
2,210
2,485
2,485
12
12
11
7
584
755
745
828
328
324
324
321
216
213 ,
206
198
24
23
20
28
84
81
87
83
17,779
i!8,426
19,133
19,687
347
346
345
346
1940 Mar. 26
June 29
Dec. 31
12,153
12,160
13,013
5,305
5,365
5,931
6,848
6,795
7,081
5,069
4,947
5,204
1,779
1,848
1,877
3,336
3,759
4,027
364
334
396
2,632
2,679
2,741
6
3
3
671
700
1,110
319
320
322
188
181
165
24
21
20
76 19,770
72 20,230
76 21,873
345
344
348
1941^Apr. 4
June 30
Sept. 24
Dec. 31
13,494
14,013
.. 14,588
15,347
6,165
6,498
6,861
7,105
7,328
7,515
7,727
8,243
5,440
5,700
5,914
6,467
1,888
1,815
1,813
1,776
4,107
4,125
4,359
4,060
361
385
425
425
2,859
2,793
2,885
2,590
792
1
3 1,012
1
987
3- 1,439
321
320
321
325
160
154
147
134
21
23
21
24
78
§0
82
82
346
348
350
351
1938— Mar. 7
June 30
Sept. 28
Dee. 31
Deposits
Call date
Total
'22,195
1 [22,908
23,817
24,430
Capital accounts
U.S.
Inter-2 Gov- Postal Other
bank ern- 3 sav-4 dement ings mand
Other
time
Borrowings
Accept- Other
ances liaout- bilitand- ties Total
ing
Com- Pre- Surmon 'erred plus
stock stock5
Memoranda
ReUndi- serves
vided j for
prof- con-'
its6 tingeneies, j
etc. 6
Demand < Net
de- i deposits I mand
deadjusted "' poeita*
1936— Mar. 4
June 30
Dec. 31
14,062
14,848
15,765
2,756
2,717
2,997
285
514
407
72
65
35
6,845
7,305
8,096
4,104
4,248
4,229
2
2
39
33
40
85
87
89
,671
,680
,697
619
623
629
211
198
176
543
552
579
171
176
187
128
131
125
6,238 i 7,313
6,542
7,807
7,126
8,652
1937— Mar. 31
June 30
Dee. 31
15,045
14,995
14,958
2,716
2,481
2,530
132
212
256
34
35
34
7,923
7,937
7,711
4,239 f
4,330
4,427
6
2
1
54
52
43
89
91
85
,721
,723
,735
635
637
643
165
160
150
588
592
611
202
207
208
131
128
124
7,159
7,132
6,870
8,393
8,371
8,111
1938— Mar. 7
June 30
Sept. 28...,,.Dcc. 31
14,731
15,084
15,202
15,829
2,611
2,660
2,707
2,885
234
266
357
425
33
31
23
17
7,385
7,627
7,673
8,000
4,468
4,500
4,442
.502
8
35
23
25
30
84
94
103
84
,736
,753
,764
,777
644
650
652
653
148
148
144
144
615
626
632
644
216
217
221
220
113
113
115
117
6,848
6,934
7,078
7,214
7,987
7,847
8,226
8,527
1939— Mar. 29
June 30
Oct. 2
Dec. 30
15,856
16,499
17,197
17,741
2,985
3,104
3,495
3,686
426
422
417
443
16
12
7
6
7,910
8,408
8,762
9,004
,519
,553
,517
,602
2
26
26
24
32
99
89
91
85
,795
,812
,821
,828
655
656
657
658
141
139
135
137
653
225 '
233
658
238
661
671 I 238
122
126
130
125
7,326
7,654
8,017
8,176
8,570
8,904
9,397
9,756
1940— Mar. 26
June 29Deo. 31
17,810
18,231
19,844
3,696
3,676
4,076
439
436
343
4 9,071
4 9,475
3 10,691
28
26
24
99
100
101
,833
,873
,904
657
658
660
126
136
127
678
698
721
246
246
251
125
136
145
8,400
8,774
9,581
9,845
10,133
11,173
1941 Apr 4
June 30
Sept. 24
Dec 31
20,143
20,813
21,712
22,313
4,180
4,162
4,486
4,460
288
357
399
507
3
3
3
3
26
29
24
28
110
125
133
121
,917
,940
,948
1,967
662
665
, 668
678
124
123
113
111
726
738
747
764
258
263
266
260
148
152
154
154
10,137
i 10,480
11,060
11,117
11,659
12,117
12,974
13,406
10,929
11,490
12,048
12,557
,600 .
,641
,731
4t,742
4U800
41,777
4 ,786
* "Balances with foreign banks" are included in "balances with domestic banks" prior to May 4, 1920, and in "other assets" from May 4,
1920,2 to December 31, 1926.
Before October 3, 1928, all interbank deposits were reported as "due to banks" and were assumed to be demand deposits.
» Includes United States Treasurer's time deposits, open account. Such accounts were first opened in November 1938; before that time all
United States Government deposits were demand deposits.
* Prior to June 30, 1921, figures represent postal savings deposits at national banks only. Under specific provisions of law, postal savings
deposits were subject to the reserve requirements applicable to time deposits from June 21, 1917, to August 23, 1935, but they were in fact demand
deposits until the passage of the Banking Act of 1933, when the terms under which such deposits were made were amended so as to conform to
the definition of time deposits.
6
Includes capital notes and debentures issued by State member banks (national banks do not issue them). Preferred stock was not issued
by member banks before the banking holiday of 1933.
* The composition of undivided profits and reserves has been changed from time to time; see introductory text, p. 71.
7
For definitions of "demand deposits adjusted" and "net demand deposits" see introductory text, p. 65.
ALL MEMBER BANKS
95
NO. 32-RESERUE CITY MEMBER BANKS-CLASSIFICATION OF LOANS ON CALL DATES, 1928-1941
[In millions of dollars]
Open market paper
Total
loans
Call date
Loans on securities, except to banks
To brokers
and
dealers
Acceptances
payable
in U. S.
Total i
ComBills
merpaycial
able
Own Accept- abroad paper
accept- ances
bought
ances1 of other
banks
Real estate loans
Total
In
New
York
City
To
, others
Outside
New
York
City
Onfarm
land
Total
On
other
real
estate
Loans
to
banks
Other
loans1
1928— Oct. 3
Dec 31
8,681
8,702
210
185
5
16
27
33
178
136
3,109
3,293
522
.465
435
509
2,152
2,318
1,492
1,505
124
118
1,368
1,387
179
173
3,691
3,546
1929— Mar 27
June 29
Oct. 4
Dec. 31
8,733
8,789
9,085
9,084
199
121
105
169
35
16
6
43
27
22
27
24
136
83
71
102
3,358
3,294
3,462
3,440
405
302
354
239
538
511
510
425
2,415
2,480
2,598
2,775
1,487
1,479
1,470
1,538
112
113
110
110
1,376
1,366
1,360
1,428
196
241
225
258
3,492
3,654
3,823
3.679
1930— Mar 27
June 30
Sept 24
Dec. 31
8,752
8,533
8,500
8,379
289
281
359
314
55
17
47
104
24
19
17
15
209
245
295
194
3,405
3,348
3,355
3,105
469
253
409
123
360'
431
360
312
2,576
2,663
2,586
2,671
1,524
1,505
1,509
1,611
113
110
111
120
1,411
1,394
1,398
1,491
205
228
193
231
3,330
3,172
3,085
3.119
1931— Mar 25
June 30
Sept 29
Dec. 31
8,028
7,627
7,325
6,852
358
281
220
121
23
144
87
65
33
23
26
12
12
191
168
143
53
2,872
2,694
2,543
2,289
116
73
29 •
14
231
208
205
152
2,524
2,413
2,308
2,123
1,602
1,602
1,560
1,515
122
126
120
120
1,480
1,476
1,440
1,395
194
177
219
260
3,002
2,873
2,784
2.668
1932— June 30
Sept. 30
Dec. 31
6,015
5,806
5,542
123
140
118
33
36
52
33
41
22
7
9
8
50
53
36
1,955
1,941
1,882
6
14
11
105
92
96
1,844
1,835
1,774
1,380
1,380
1,379
124
125
121
1,257
1,255
1,258
177
152
136
2.380
2,194
2,027
1933— June 30
Oct. 25
Dee, 30
,482
,605
,553
126
171
154
46
49
48
36
43
36
6
7
9
38
72
61
1,447
1,448
1,484
45
84
94.
63
66
73
1,340
1,297
1,316
1,131
1,113
1,121
123
121
120
1,008
992
1,001
99
94
80
,678
,779
,714
1934— Mar. 5
June 30
Oct. 17
Dec. 31
,466
,394
,385
4,312
174
166
201
178
48
41
47
49
46
21
19
13
8
6
8
9
72
97
126
108
1,450
1,431
1,320
1,318
123
135
99
105
65
97
80
90
1,262
1,200
1,142
1,124
1,130
1,124
1,100
1,090
116
108
104
102
1,014
1,016
996
988
63
40
44
55
,650
,634
,720
,671
1935— Mar. 4
June 29
Nov. 1
Dec. 31
4,270
4,165
4,268
4,347
190
169
179
195
48
40
44
46
12
10
13
19
9
7
12
10
122
112
111
120
1,278
1,166
1,146
1,174
106
25
9
21
83
87
82
96
1,090
1,053
1,055
1,057
1,077
1,105
1,103
1,094
104
100
97
97
972
1,005
1,006
997
48
43
34
34
,677
.682
,806
1,851
1936— Mar. 4
June 30
Dee. 31
4,279
4,443
4,794
190
176
209
43
40
56
18
16
17
9
7
5
120
113
131
1,157
1,193
1,207
30
34
36
101
115
123
1,027
1,044
1,048
1,096
1,101
1,124
97
95
96
1,000
1,006
1,028
31
31
23
1,805
1,941
2.231
1937— Mar. 31
'June 30
Dec. 31. ...
4,886
4,994
5,203
256
216
201
55
39
47
37
25
10
10
7
12
154
145
132
1,191
1,190
1,189
38
44
26
114
114
97
1,039
1,032
1,066
1,135
1,164
1,176
94
95
95
,041
,069
,080
29
34
27
2,276
2.389
2.610
1938— Mar. 7
June 30
Sept. 28
5,031
4,853
4,870
197
163
156
45
45
42
8
7
6
11
7
9
134
104
99
1,139
1,094
1,089
18
8
12
100
'88
84
1,020
998
992
1,173
1,201
1,217
95
96
95
,077
,105
,121
25
26
22
2.498
2,369
2,387
Loans
to
banks
Other
loans
Loans for
purchasing
or carrying
securities
Open market paper
Total
loans
Call date
Acceptances
payable in
U.S.
Commercial
loans
Agricultural
loans
Total
Bills
ComTo
paymerbroable
cial
To
Own Accept- abroad paper
kers
others
bought and
accept- ances
dealers
ances rf other
banks
Real estate loans
Total
On
farm
land
On
residential
property
Other
4,963
1,914
207
149
38
10
8
93
119
242
1,230
96
781
353
20
1,081
1939— Mar. 29
June 30
Oct. 2 2
Dec 30
. . 4,936
5,004
5,127
5,329
1,889
1,884
228
234
145
138
33
33
8
8
7
5
98
92
115
115
228
221
1,249
1,284
93
96
793
811
363
377
17
12
1,06ft
1.116
2,101
221
155
30
8
6
111
119
222
1,335
94
862
379
9
1,168
1940— Mar. 26 2
June 29
Dec 31
5,305
5,365
5,931
2,134
2.436
176
263
156
153
28
26
5
4
3
3
120
120
87
115
210
207
1,372
1,436
92
91
905
965
375
381
6
IS
1,224
1,307
6,165
6,498
6,861
7,105
2,879
175
202
34
6
3
159
100
198
1,477
87
1,020
370
9
1,457
3,206
300
250
37
4
4
206
114
194
1,527
80
1,087
361
4
1,508
1938— Dec. 31
2
1941— Apr. 4 .
June 30 2
Sept 24
Dec. 31 .- -.
1
2
Reporting banks' "own acceptances" are included in "other loans" prior to December 1931.
Beginning with October 1939 a detailed classification of loans has not been required as of spring and autumn call dates.
BANKING AND MONETARY STATISTICS
NO. SI-RESERVE CITY MEMBER BANKS-CLASSIFICATION OF INVESTMENTS ON CALL DATES, 1928-1941
[In millions of dollars]
U. S. Government obligations
Direct
Total
investments
Call date
Total
Bills'
Notes
Other domestic securities
Obligations
of
States
and
Guaranteed polit- Total
ical
subdiviBonds
sions
Bonds, notes, and
debentures
Corporate
stocks
Foreign
securities
Government
agencies
not
Railguar- roads'
anteed
byU.S.2
Utilities'
Other
F.R.
Bank
Other
Total
securities
maturing in
5year«
or lees
1928— Oct 3
Dec 31
3,530
3,454
1,703
1,662
264
288
279
248
,160
,126
484
480
1,173
1,149
207
213
224
207
506
487
48
48
188
194
170
163
1029— Mar 27
June 29
Oct 4
Dec 31
3,400
3,276
3,075
2,944
1,732
1,607
1,519
1,368
252
224
192
91
260
234
204
165
,220
,148
,123
,112
450
451
431
448
1,066
1,074
995
993
197
180
161
159
199
187
177
174
437
455
403
396
49
50
51
52
183
202
203
212
152
144
131
135
1930— Mar. 27
June 30
Sept. 24
Dec 31
3,105
3,319
3,537
3,517
1,516
1,525
1,628
1,486
136
105
159
108
179
202
121
107
,201
,219
,347
,271
442
480
527
584
1,012
1,150
1,216
1,286
160
206
226
241
201
231
235
248
382
433
471
503
52
53
53
52
218
227
231
242
135
164
166
162
1931— Mar 25
June 30
Sept. 29
Dec. 31
4,085
4,186
4,047
3,746
1,984
2,062
1,993
1,844
346
326
241
187
81
88
58
110
,557
,647
,694
1,548
611
647
637
584
1,323
1,329
1,261
1,176
255
253
242
230
254
251
228
202
523
520
497
459
52
52
51
50
239
253
243
234
166
150
156
142
1932—June 30
Sept 30
Dec. 31
3,753
3,981
3,948
1,953
2,209
2,234
190
161
126
124
373
445
1,639
1,676
1,664
592
598
594
1,093
1,062
1,011
211
206
201
184
179
171
415
400
374
48
48
48
234
229
217
115
113
109
1933— June 30
Oct. 25
Dec. 30
4,011
4,150
4,344
2,483 !
2,605 !
2,823
205
157
277
681
649
644
1,597
1,800
1.902
598
610
590
841
852
858
177
181
174
149
150
143
308
308
309
43
44
44
164
169
188
88
85
74
1934— Mar 5
June 30
Oct. 17
Dec. 31
4,911
5,214
„ 5,441
5,715
3,390
3,516
3,553
3,809
445
281
220
95
1,094
1,148
1,426
1,692
1,850
2,088
1,906
2,022
19
180
279
594
632
638
649
855
975
1,010
918
77
198
218
148
192
190
198
194
152
162
170
168
215
224
221
214
45
45
46
46
174
156
157
148
72
71
59
61
5,766
1935— Mar. 4 .
5,986
June 29
Nov. 1 ... ... 6,253
6,432
Dec. 31
3,724
3,712
3,892
4,076
99
120
99
85
1,657
1,774
2,207
2,267
1,969
1,818
1,586
1,724
376
571
655
656
676
72D
721
723
933
916
908
901
160
109
92
89
202
209
207
212
168
180
194
196
205
220
223
217
46
46
41
41
152
153
151
146
57
66
77
76
1936— Mar. 4 _
June 30
Dec. 31
6,375
6,863
. 7,000
3,958
4,349
4,426
118
115
120
2,230
2,081
1,904
1,611
2,153
2,403
656
651
697
758
790
774
931
1,003
1,036
103
113
107
222
236
243
192
216
231
226
239
252
41
41
41
147
161
162
73
70
67
1937— Mar. 31
June 30
Dec. 31
6,725
._ 6,635
6,211
4,250
4,267
3,962
214
195
106
1,636
1,777
1,589
2,400
2,295
2,267
669
635
637
777
752
691
963
918
871
108
105
90
234
222
203
198
187
166
219
204
201
42
42
42
163
158
168
65
63
51
6,219
1988— Mar. 7
6,298
June 30
Sept. 28
,. 6,556
6,691
Dec. 31 ..
3,962
3,940
4,088
4,278
115
69
47
57
1,610
1,268
1,290
1,224
2,236
2,603
2,752
2,997
648
718
743
740
708
732
775
808
852
859
898
814
82
89
90
100
198
194
195
185
164
167
174
176
195
200
227
200
42
43
43
43
171
166
169
111
50
50
51
51 •2,370
1039— Mar. 29
June 30
Oct 2 s
Dec. 30
6,688
6,751
6,752
6,944
4,181
4,102
4,089
4,222
100
78
977 3,105
1,014 .3,010
823
895
897
890
810
816
111
116
185
183
168
168
191
195
43
43
112
111
50 B2,229
49 52,412
3,339
823
889
909
972
809
129
185
153
188
44
110
51
2,444
1940— Mar. 268
June 29
Dec. 31
6,848
6,795
7,081
4,107
3,978
4,155
87
103
839 3,052
77U 3,281
963
969
1,049
928
981
984
821
849
163
185
185
194
134
134
187
184
45
45
107
107
47
45
2,537
2,778
1041— Apr. 4s
June 30
Sept. 24»
Dec. 31
7,328
7,515
7,727
8,243
4,393
4,538
4,668
5,294
73
606
3,859
172
193
114
166
46
102
44
2,506
751
4,248
1,034
979
975
956
792
295
1,047
1,162
1,246
1,173
778
176
193
102
167
47
93
41
2,975
1
63
819
(<>
Includes certificates of indebtedness up to and including October 17, 1934; no Treasury certificates outstanding from December 1934 until
early 1942. Treasury bills were first issued in December 1929.
«
2
Included in "other" bonds, notes, and debentures prior to March 5, 1934. Securities guaranteed as to interest only, firet issued in July 1933
and replaced in 1934-1935 by fully guaranteed obligations, have been classified as not guaranteed.
* Comprises bonds only, October 1928 to December 1933, inclusive, and bonds, notes, and debentures thereafter.
* Not reported separately; included in "other" bonds, notes, and debentures. No such securities (guaranteed as to both principal and interest)
were6 issued until late in 1933.
This is the amount reported as "maturing in 1939-1943." A classification of securities by maturity was not required before December 1938.
fl
Beginning with October 1939 a detailed classification of securities has not been required as of spring and autumn call dates.
97
ALL MEMBER BANKS
NO. I4-RESERVE CITY MEMBER BANKS-CLASSIFICATION OF DEPOSITS ON CALL DATES, 1928-1941
[In millions of dollars]
Time
Demand
Interbank
Call date
Total
Domestic
Foreign
U.S.
Interbank
IndiGov- States
States Certi- vidand
ernfied
U.S. and
uals,
and
ment politpartGov- politand
ernical
Total
neroffiical
Do- For- postal subcers' ships,
ment subdivi- checks, corpomestic eign sav- 1 diviings sions
sions
etc. rations,
etc.
Individuals, partnerships,
corporations, etc.
Total
Savings
ChristCertifimas
cates Open savac- 5 ings
of
de- counts and
similar
posit
accounts3
43
43
234
261
4,536
4,492
3,699
3.707
465
466
372
319
9
10
14
42
40
41
41
257
289
258
371
4,445
4,482
4,367
4,433
3,689
3,783
3,653
3,724
419
399
388
411
337
300
326
299
32
38
35
42
13
18
32
32
41
42
47
59
314
320
287
295
4,563
4,630
4,759
4,774
3,745
3,773
3,771
3,907
439
478
573
546
378
378
415
321
28
26
23
4
82
100
143
202
302
313
284
260
4,850
4,781
4,478
3,946
3,869
3,787
3,533
3,283
595
602
561
429
386
393
384
234
268
329
338
224 3,683
208 '3,646
230 3,588
3,048
2,971
2,962
377
392
385
258
283
241
1928— Oct. 3
Dec, 31
7,908
8,212
,733
,681
49
54
87
153
436
430
179
290
5,425
5,605
4,843
4,832
1929— Mar. 27
June 29
Oct. 4
Dec. 31
7,610
7,631
7.680
8,000
,464
,409
,511
,604
47
45
44
50
165
185
166
76
505
524
405
423
173
174
165
300
5,256
5,294
5,389
5,547
4,781
4,852
4,712
4,888
32
35
30
7,429
1930~-Mar. 27
June 30,. ..^ 7,838
7,797
Sept. 24
7,827
Dec. 31
,543
,774
,954
,773
53
54
71
56
159
142
136
152
475
470
404
422
126
170
114
252
5,074
5,227
5,119
5,173
4,963
5,048
5,160
5,202
31
37
37
1931— Mar. 25
June 30. .
Sept. 29
Deo. 31
7,893
7,717
6,858
6,433
2,098
1,902
1,472
1,275
54
49
49
31
254
187
254
169
451
443
390
390
132
157
118
180
4,903
4,979
4,576
4,389
5,326
5,281
4,979
4,456
63
61
52
44
1932—June 30
Sept. 30
Dec. 31
5,876
6,073
6,158
1,276
1,394
1,503
22
22
22
188
304
211
393
316
349
112
83
141
3,886
3,955
3,932
4,223
4,230
4,217
47
47
62
1933—June 30
Oct. 25
Dec. 30
5,807
5,931
6,279
1,315
1,280
1,415
15
14
15
312
375
393
349
370
435
108
85
111
3,708
3,808
3,911
3,597
3,614
3,653
59
74
72
1
388
377
366
208
171
203
2,941
2,991
3,011
2,451
2,472
2,528
265
233
211
207
263
267
18
23
5
1934— Mar. 5.
June 30
Oct. 17
Dec. 31
6,893
7,440
7,862,
8,294
1,653
1,785
1,996
1,984
16
16
17
17
696
635
427
620
480
526
526
585
91
117
112
169
3,958
4,361
4,785
4,919
3,762
3,964
3,948
4,003
80
105
117
117
1
1
1
345
259
196
186
206
234
198
206
3,131
3,366
3,436
3,494
2,651
2,847
2,915
3,038
210
239
229
210
258
261
265
239
11
19
26
6
1935— Mar. 4
June 29
Nov. 1 .„
Dec. 31
8,330
8,592
9,414
9,747
2,179
2,145
2,428
2,422
18
21
27
28
505
299
273
385
643
674
685
707
132
140
146
204
4,854
5,314
5,855
6,001
4,118
4,112
4,184
4,276
128
119
115
134
1
1
1
167
118
84
79
211
203
218
266
3,611
3,670
3,766
3,796
3,123
3,221
3,302
3,355
219
201
200
198
257
227
236
237
12
21
28
7
9,750
1936— Mar. 4 .
June 30
10,399
Dec. 31. . . 11,362
2,594
2,551
2,826
26
30
33
285
513
407
733
733
843
151
152
230
5,961
6,419
7,023
4,312
4,449
4,403
135
135
137
1
1
1
72
65
35
251
288
203
3,853
3,960
4,026
3,339
3,432
3,588
214
202
169
286
300
260
14
25
8
1937— Mar. 31
June 30
Dec. 31
10,634
10,521
10,386
2,546
2,339
2,389
32
33
30
132
212
256
935
934
777
155
163
192
6,833 4,411
6,840 4,475
6,743 4,572
137
108
107
2
2
4
34
35
34
176
190
266
4,064
4,140
4,161
3,622.
3,676
3,747
172
172
180
250
262
224
20
29
10
1938— Mar. 7
June 30
Sept. 28
Dec. 31
10,112
10,437
10,625
11,197
2,461
2,514
2,557
2,719
31
30
39
53
234
266
356
424
809
812
711
796
121
146
120
170
6,455
6,668
6,843
7,034
4,619
4,647
4,577
4,632
116
113
107
108
3
2
4
4
33
31
23
17
269
262
233
269
4,198
4,238
4,209
4,233
3,766
3,768
3,737
3,810
187
200
195
184
225
237
237
232
20
32
41
8
1939— Mar. 29
June 30
Oct. 23
Dec. 30
11,201
11,806
12,546
13,005
2,813
2,920
3,307
3,516
58
63
67
50
420
415
410
435
889
917
801
813
123
160
158
190
6,899
7,331
7,803
8,002
4,656
4,693
4,650
4,736
108
115
116
117
6
6
4
3
22
19
14
14
244
233
198
240
4,276
4,320
4,319
4,362
3,827
3,860
186
180
240
248
22
33
3,944
162
247
9
1940— Mar. 26»
June 29
Dec. 31
13,083
13,464
14,987
3,535
3,526
3,919
46
41
49
431
422
327
942
956
995
150
147
228
7,978
8,372
9,468
4,728
4,767
4,857
112
105
106
3
3
2
12
18
19
214
219
226
4,386
4,422
4,506
3,963
4,073
152
150
269
273
37
10
1941— Apr. 48
June 30
Sept. 243
Dec. 31
15,271
15,884
16,807
17,403
4,023
4,000
4,324
4,302
47
53
53
54
273
341
383
491
1,206
1,139
1,221
1,144
171 9,552
209 10,142
190 10,637
286 11,127
4,872
4,929
4,906
4,910
110
108
108
103
2
2
2
2
19
19
19
20
202
211
186
243
4,540
4,590
4,591
4,542
4,103
150
293
44
4,148
136
248
11
1
3
United States Treasurer's time deposits, open account, were first established in November 1938,
"Christmas savings and similar accounts" are included in "open accounts" before June 1933.
* A condensed form of report was adopted for spring and autumn calls beginning with October 1939. For this reason, no breakdown of time
deposits of individuals, partnerships, and corporations is available; and the breakdown of interbank deposits, both demand and time, into those
of domestic and foreign banks, respectively, has been estimated.
BANKING AND MONETARY STATISTICS
NO. 35-COUNTftY MEMBER BANKS-PRINCIPAL ASSETS
[Amounts in millions of dollars]
Loans and investments
Investments
Call date
Total
Loans
Total
U.S.
Government
obligations
Reserves Cash
with
in
Federal vault
Other Reserve
secu- Banks
rities
Cash Bank
CusBalitems premBaltomises, Other ers' Secuin
ances ances
with with proc- furni- real
lia- rities Other
ess
domes- forture estate bility bor- assets
on rowed
and
tic 1 eign 1
of
banks banks collec- fixaction tures
ceptances
Total
assets
Total
liabilities
Number
of
banks
1919— June 30
Nov. 17
Dec. 31
8,593
9,350
9,519
5,440
6,248
6,432
3,153
3,102
3,087
1,784
1,632
1,602
1,368
1,470
1,485
449
506
525
257
281
319
876
1,071
1,046
121
163
178
216
230
232
34
34
33
16
21
27
43
35
37
61 10,668
63 11,754
59 11,975
8,203
8,366
8,427
1920— May 4
June 30
Nov. 15
Dec 29
10,043
10,148
10,411
10,296
7,097
7,214
7,424
7,271
2,945
2,934
2,987
3,024
1,435
1,422
1,407
1,398
1,510
1,512
1,580
1,626
526
522
530
519
298
294
291
326
889
826
835
740
152
162
178
133
247
255
272
278
35
35
37
38
24
24
17
18
35
36
36
35
64 12,313
66 12,367
73 12,680
73 12,457
8,637
8,738
8,897
8,933
1921— Apr. 28
June 30
Dec. 31
10,116
10,087
9,853
7,085
7,051
6,855
3,031
3,036
2,998
1,357
1,344
1,272
1,674
1,692
1,726
484
480
478
272
257
244
625
610
680
110
137
156
292
298
312
42
43
46
12
11
12
35
30
38
4 8 , 12.036
52 12,005
53 11.872
9,027
9,072
9,108
9,822
1922— Mar. 10
June 30 .. .. 9,956
10,411
Dec. 29
6,780
6,839
7,015
3,042
3,117
3,396
1,284
1,252
1.416
1,759
1,865
1,980
477
492
549
241
239
292
742
748
872
122
153
175
320
329
346
50
56
66
9
7
13
35
28
26
51 11,867
57 12,064
56 12,806
9,147
9,218
9,202
1923— Apr. 3 . . . 10,712
10,981
June 30
11,069
Sept. 14.
Dec. 31
11,163
7,182
7,407
7,474
7,520
3.530
3,574
3,595
3,643
1,494
1,520
1,505
1,490
2,036
2,054
2,090
2,153
546
546
554
574
281
225
282
310
896
761
803
905
192
187
170
226
353
362
366
377
73
78
82
89
12
10
5
14
27
24
23
25
58 13,151
58 13,233
58 13,412
58 13,739
9,200
9,202
9,191
9,127
11,165'
1924— Mar. 31
11,148
June 30
Oct. 10. .... 11,259
11,366
Dec. 31
7,535
7,512
7,478
7,467
3.630
3,637
3,781
3,898
1,444
1,378
1,368
1,382
2,185
2,259
2,413
2,517
548
559
574
599
271
274
282
321
803
842
1,064
1.168
180
191
178
226
386
390
401
405
94
100
102
106
15
9
9
15
24
23
23
26
61 13,546
66 13,602
62 13,953
63 14,294
9,038
9.008
8,989
8.948
1925— Apr. 6. . _ „ _ _
June 30*
Sept. 28
Dec. 31
11,626
11,827
12,134
12,281
7,632
7,831
8,048
8,171
3,994
3,996
4,086
4,110
1,428
1,385
1,404
1,385
2,566
2,612
2,682
2,725
588
604
617
629
284
291
294
317
1,044
941
1,012
1,056
188
213
189
261
414
422
430
438
110
114
118
117
14
9
11
18
21
18
21
21
59
63
63
64
14,348
14,502
14,888
15,201
8.892
8,899
8,902
8,857
1926— Apr. 12
June 30
Dec. 31..
12,421
12,457
-. 12,521
8,296
8,320
8,305
4,125
4.138
4,215
1,389
1,353
1,288
2,736
2,785
2.928
617
623
626
298
302
293
932
908
981
219
220
265
448
454
467
120
120
119
12
8
14
20
20
19
61 15,147 8,791
66 ' 15,178 ! 8,752
67 I 15,372 8,638
1927— Mar. 23
June 30
Oct. 10
Dec. 31
12,603
12,813
.„ 13,035
13,073
8.286
8.380
8,443
8,410
4,317
4.432
4,593
4,663
1,321
1,308
1,324
1,302
2,996
3,124
3,268
3,361
625
634
648
664
307
297
304
294
923
937
1,038
1,070
3
3
3
4
184
230
232
252
475
487
496
499
120
118
120
116
11
9
11
17
18
16
14
13
61
64
63
70
15,331
15,607
15,966
16.071
8,537
8,493
8,477
8,420
1928— Feb. 28.. ... 13,096
13,522
June 30
13,612
Oct. 3
13,667
Dec. 31
8,394
8,757
8,885
8,915
4,701
4,765
4,727
4,751
1,294
1,312
1,362
1.382
3,407
3.453
3,365
3,370
642
639
663
652
303
242
302
319
941
866
990
977
4
2
4
4
184
226
235
298
504
512
516
512
117
116
114
113
16
10
9
16
14
15
14
15
65
69
70
70
15,886
16,219
16.528
10,642
8,373
8,325
8,294
3, 245
1929— Mar. 27
June 29
Oct. 4
Dec, 31
13,741
13,719
13,780
13,375
9,001
9,096
9,226
8,936
4,740
4.623
4,554
4,439
1,424
1,384
1,361
1,268
3,316
3,240
3,193
3,172
644
639
647
627
297
241
284
321
780
792
847
908
4
4
5
5
194
247
241
291
520
527
531
529
114
115
113
112
14
10
11
17
13
13
12
12
70
71
66
71
16,391
16.378
16,537
16,267
8,185
8,142
8,072
7,991
1930— Mar. 27
June 30
Sept. 24
Dec. 31
13,243
13,157
12,944
12,519
8,768
8,602
8,354
8,001
4,475
4,554
4,589
4,519
1,273
1,229
1,219
1,159
3,202
3,326
3,370
3,359
617
629
610
595
286
280
284
317
817
921
971
975
4
3
3
3
173
250
163
258
533
536
538
536
113
112
114
111
16
12
11
14
11
12
11
11
72 15,885
76 15,988
77 15,727
79 15,418
7,895
7,817
7,757
7,588
1931
12,290
12,068
11,805
10,999
7,740
7,513
7,199
6,608
4,550
4,555
4,606
4,392
1,224
1,279
1,433
1,418
3,326
3,276
3.172
2,974
582
578
554
498
273
297
309
302
1,094
1,017
787
685
3
4
4
4
146
222
157
221
533
525
523
491
114
114
114
115
10
6
6
11
9
8
8
86
83
87
78
15,140
14,923
14,355
13,406
7,469
7,338
7,179
6,843
10,240
1932— June 30
9,954
Sept. 30
Dec. 31 . ... 9,607
6,014
5,767
5,493
4,226
4,187
4.114
1.432
1.471
1,474
2.794
2,715
2,640
458
441
448
253
230
232
624
671
767
3
3
3
167
140
164
476
472
461
126
135
142
4
4
4
7
7
8
83 12,442
80 12,136
76 11,913
6*604
6,530
6.446
7,873
_. 8,031
... 8,068
4,275
4,283
4,223
3,598
3,748
3,845
1,469
1,592
1,683
2,129
2,156
2.162
452
529
573
203
232
225
702*
685
769
3
2
2
149
118
172
369
375
380
117
125
130
4
4
3
5
4
4
69 9,946
65 10,171
78 10,403
5,259
5,462
5,648
8,381
8,456
8,649
8,780
4,234
4,172
4,105
4,025
4,148
4,283
4,545
4,756
1,946
2,007
2,208
2,463
2.202
2,276
2,337
2.293
685
769
848
822
230
215
258
275
952
1,104
1,257 .
1,296
2
2
3
5
135
174
189
207
386
388
390
395
135
140
147
152
3
3
2
3
4
2
2
2
90
88
83
88
11,003
11,342
11,827
12.026
5,837
5,995
6,051
6,058
4,757
4,780
4,903
5,002
2,468
2,484
2,484
2.563
2,289
2,296
2,419
2,439
916
920
900
927
246
236
237
305
1,428
1,407
1,613
1,676
4
2
3
3
163
192
221
235
395
393
393
389
156
166
176
180
2
3
2
3
2
1
1
1
86
76
62
67
12,147 6,038
12,133 .6,025
12,428 6,013
12,704 5,999
M»r 25
June 30
Sept. 29
Deo. 31
I633-June 30
Oct. 25
Dec. 30
1934
Mar 5
June 30
Oct. 17
Dec. 31
1936— Mar 4
8,749 3,991
8,739 3,959
June 29
3,919
Nov. 1
..... 8,821
3,918
8,919
Dec. 31
For footnotes aee end of table, p.
100.
99
ALL MEMBER BANKS
AND LIABILITIES ON CALL DATES, 1919-1941
[Amounts in millions of dollars]
Deposits
Call date
Total
. Capital accounts
'U.S.
Inter- Gov- Postal Other
debank 2 ern- 3 savment ings * mand
Other
time
Borrowings
Accept- Other
ances liaout- bilistand- ties
ing
Total
Common
stock
Preferred
stock5
Surplus
Memoranda
ReDeUndi- serves mand
Net
vided for v dedeprof- con- posits mand
tinad- 7 de- 7
its8
gen- justed posits
cies,
etc.«
1919—June 30
Nov. 17
Dec 31
8,032
9,138
9,431
399
520
522
123
78
105
44
38
37
4,756
5,517
5,685
2,710
2,985
3,082
631
544
501
17
22
27
584
550
545
1,404
1,500
1,471
712
737
745
466
479
496
226
283
230
4,635
5,354
5,507
4,788
5,573
5,727
1920— May 4
June 30 -.
Nov. 15
Dec. 29—
9,585
9,519
9,631
9,353
430
379
356
338
38
43
36
43
33
32
32
16
5,714
5,587
5,579
5,287
3,370
3,478
3,629
3,670
579
695
796
838
24
24
17
18
543
544
553
548
,583
,584
,682
,699
786
799
825
833
521
532
546
550
276
253
311
316
5,562
5,425
5,401
5,153
5,733
5,590
5,570
5,292
1921— Apr. 28
June 30 ,
Dec 31
9,020
8,972
8,938
301
288
299
35
48
47
15
14
12
,899
,830
,777
3,771
3,791
3,802
769
797
672
12
11
12
524
534
550
,711
,691
,700
854
858 _ _ _ _ _ _
865
566
571
580
291
263
255
4,789
4,693
4,621
4,906
4,824
4,751
1922— Mar. 10
June 30
Dec. 29
9,045
9,329
10,053
332
333
407
51
25
63
11
13
20
,767
,958
5,370
3,883
4,000
4,193
532
429
361
9
7
13
546
548
546
,735
,751
,833
872
885
900
583
594
599
280
272
335
4,646
4,805
5,195
4,760
4,947
5,400
1923— Apr. 3 .
June 30
Sept 14
Dec. 31
10,457
10,466
10,608
10,970
434
370
375
419
68
59
32
42
19
19
21
25
5,465
5,384
5,466
5,680
4,471
4,634
4,714
4,805
316
404
402
372
13
10
5
14
548
538
547
550
,818
,813
,848
,833
911
915
918
922
612
618
619
631
295
281
311
280
5,273
5,197
5,296
5,454
5,464
5,382
5,458
5,656
1924— Mar. 31
June 30
Oct 10
Dec. 31
10,785
10,844
1 1 , 234
11,619
376
366
447
516
45
33
56
50
28
31
37
36
5,392
5,372
5,551
5,801
4,944
5,043
5,142
5,216
330
338
245
234
15
9
9
15
551
551
549
547
1,865
1,860
1,917
1,878
923
922
926
926
633
640
645
655
309
297
346
297
5,212
5,181
5,374
5,575
5,380
5,347
5,537
5,786
1925— Apr. 6
June 30
Sept. 28
Dec. 31
11,661
11,770
12,104
12,438
491
438
488
506
77
37
56
53
37
36
37
37
5,697
5,784
5,968
6,232
5,360
5,475
5,556
5,610
225
285
270
273
15
9
11
16
519
513
551
544
,928
,925
,952
,930
930
934
938
940
660
670
675
693
338
320
339
297
5,508
5,570
5,779
5,971
5,699
5,763
5,971
6,198
1926— Apr. 12
June 30
Dec 31
12,311
12,337
12,548
449
423
448
58
37
42
41
38
43
6,018
5,997
6,100
5,745
5,842
5,914
285
316
266*
12
8
12
552
545
542
,986
,971
2,004
946
946
956
701
709
732
338
316
316
5,799
5,776
5,835
5,995
5,959
6,041
1927— Mar. 23
June 30
Oct. 10.
Dec. 31
12,502
12,764
13,107
13,249
441
429
477
487
64
48
64
50
44
45
50
47
5,889
6,007
6,180
6,240
6,064
6,235
6,336
6,424
213
247
194
193
11
9
10
17
553
542
547
537
2,051
2,044
2,107
2,075
961
962
970
968
737
748
753
111
353
333
384
336
5,705
5,777
5,948
5,989
5,876
5,968
6,150
6,184
1928— Feb. 28
June 30
Oct. 3-Dec. 31
13,031
13,175
13,449
13,566
457
398
448
438
20
45
36
50
50
50
52
54
5,982
5,994
6,181
6,291
6,523
6,688
6,732
6,732
192
364
339
339
15
10
9
16
539
546
560
563
2,108
2,124
2,170
2,158
969
974
977
978
780
793
800
816
359
357
365
323
28
42
5,798
5,768
5,946
5,993
5,973
5,941
6,123
6,202
1929— Mar. 27..
June 29
Oct. 4
Dec. 31
13,235
13,138
13,283
13,040
386
362
400
415
77
64
63
39
55
55
59
61
5,956
5,903
6,060
6,002
6,762
6,754
6,702
6,522
367
438
382
383
14
10
12
18
565
572
571
568
2,209
2,220
2,288
2,258
984
991
998
995
826
840
860
865
369
345
394
345
31
45
35
53
5,762
5,656
5,819
5,711
5,918
5,822
5,997
5,902
1930— Mar 27
June 30
Sept. 24
Dec. 31
12,753
12,859
12,626
12,351
373
386
416
399
67
51
60
53
65
71
'76
88
5,658
5,728
5,467
5,372
6,589
6,622
6,608
6,440
243
265
201
259
16
12
11
14
587
578
586
566
2,286
2,275
2,302
2,228
996
997
999
985
_=.--
870
874
872
859
375
348
381
323
44
55
51
62
5,485
5,478
5,303
5,114
5,623
5,651
5,432
5,280
1931— Mar 25
June 30
Sept. 29
Dec. 31
12,152
12,026
11,399
10,417
426
421
344
304
75
67
132
61
104
117
145
179
5,162
5,089
4,727
4,418
6,384
6,332
6,051
5,455
189
186
272
465
10
6
6
7
576
560
562
536
2,213
2,145
2,117
1,980
978
964
952
911
.....
846
823
805
759
335
291
300
231
54
67
61
79
5,016
4,868
4,569
4,197
5,123
5,035
4,703
4,351
1932—June 30
Sept. 30
Dec. 31
9,448
9,193
9,108
265
253
272
60
96
72
231
260
279
3,868
3,695
3,694
5,024
4,889
4,790
556
510
438
4
4
4
546
583
579
,887
,846
,783
889
881
873
709
688
656
201
199
169
87
77
85
3,701
3,556
3,530
3,828
3,659
3,641
1933— June 30
Oct. 25...
Dec. 30
7,759
7,970
8,230
236
243
264
116
114
111
285
293
300
3,203
3,280
3,500
3,919
4,040
4,056
174
142
128
4
4
4
493
509
508
,517
,546
,533
713
744
754
29
29
41
551
538
520
143
159
136
81
77
82
3,054
3,162
3,328
3,155
3,241
3,446
1934— Mar. 5
June 30_Oct. 17.
Dec. 31
8,811
9,189
9,644
9,886
297
318
365
360
181
174
125
178
301
256
210
210
3,783
3,966
4,356
4,499
4,250
4,474
4,587
4,639
86
36
18
14
3
3
2
3
518
501
487
473
,585
,612
,675
,650
774
755
745
730
69
160
224
256
515
• 486
471
456
143
139
163
140
84
71
72
68
3,648
3,792
4,168
4,292
3,741
3,907
4,291
4,427
1935— Mar. 4...
June 29
Nov. 1
Dec. 31
9,997
10.177
10,650
10,949
382
364
417
432
152
90
95
137
188
162
140
136
4,578
4,730
5,096
5,282
4,698
4,832
4,902
4,962
16
11
10
8
3
3
3
3
461
261
57
57
,670
,682
,708
,687
719
706
698
697
280
298
304
299
450
444
445
454
157
160
191
166
65
73
71
70
4,414
4,538
4,875
5,047
4,526
4,658
3,819
3,992
::::::
—
......
—
_____
—
100
BANKING AND MONETARY STATISTICS
NO. 35-COUNTRY MEMBER BANKS-PRINCIPAL ASSETS AND LIABILITIES ON CALL DATES, 1l1MI41-Contiiiued
[Amounts in millions of dollars]
Loans and Investments
Investments
Call date
Total
Loans
Total
U.S.
Government
Re-
Cash
in
with
Federal vault
Other Reserve
secu- Banks
rities
Cash
Bal- items
Balin
ances ances
with with process
domes- forof
tic
banksi
collection
tions
Total
Bank
Cusassets
premtomises, Other ers' SecuNumfurni- real
lia- rities Other
ber
ture estate bility bor- assets
of
and
on rowed
banks
fixacTotal
tures
ceptliabiliances
ties
1936—Mar. 4
June 30
Dec. 31
8.885
9,446
- 9,825
3,896
4,038
4,078
4,989
5,407
5,747
2,503
2,802
3,012
2.605
2,734
1,017
989
1,247
268
322
319
,757
,727
187
256
316
389
391
183
190
187
64 12.756
63 13,390
54 14.275
5,988
6,010
5,989
1937-Mat. 31
June 30
Dec. 31
9,945
10,134
10,124
4,204
4,340
4,446
5,741
5,794
5,677
3,023
3,155
3,167
2,719
2,639
2,510
1,304
1,337
1.361
321
330
,684
,554
.645
242
390
388
186
181
176
60 14,140
48 14,247
45 14.333
5,980
5,970
5,951
1938—Mar. 7
June 30......
Sept. 28
Dec. 31
9,958
9,752
9,958
10,113
4,369
4,383
4,399
4,444
5,589
5,364
5,558
5,669
3,124
2,964
3,146
3,233
2,465
2,400
2,412
2,435
1,366
1,263
1,282
1,353
310 ,700
316 ,806
,786
351
322 1,956
180
258
188
272
387
385
387
381
176
173
172
197
109
47
48
65
14,191
14,008
14,177
14,663
5,945
5,946
5,948
5,945
1939—Mar. 29
June 30
Oct. 2
Dee. 30
10,098
10,109
10,102
10,224
4,480
4,605
4,665
4,768
5,618
5,504
5,437
5,456
3,220
3,127
3,082
3,159
2,398
2,377
2,356
2,297
1,367
1,403
1,555
1,578
350 1,963
307 2,117
329 2,473
363 2,614
193
282
263
292
381
379
380
376
188
183
181
175
59
42
45
41
14,605
14,826
15,333
15,666
5,935
5,935
5.945
5,966
1940—Mar. 26_.
June 29..
Dee. 31..
10,194
10,257
10,826
4,860
4,987
5,309
5,334
5,270
5,517
3,060
3,030
3,269
2,273
2,240
2,248
1,648
1,733
1,857
2,645
328 2,711
452 3,002
213
270
372
377
373
372
171
148
137
143 15,783
60 15,884
78 17,101
5,983
6,005
6,089
1941—Apr. 4...
June 30,.
Sept. 24..
Dee. 31..
11,144
11,446
11,852
12,518
5,431
5,607
5,828
5,890
5,713
5,839
6,024
6,628
3,456
3,627
3,789
4,377
2,257 1,894
2,212 1,914
2,235 2,075
2,250 2,210
3,044
3,106
3,293
3,216
279
367
286
449
375
372
373
133
128
121
110
76 17,322
48 7,822
85 :8,591
L9,466
6,133
6,158
6,197
6,219
307
372
437
501
526
Deposits
Capital accounts
Bor-
Call date
Total
U.S.
Inter- Gov- Postal
bank 2 ern- 3 savment ings«
Other
demand
Other
time
294
289
265
459
469
498
186
192
202
5,136
5,440
6,039
3,978
4,401
4,839
5,456
5,544
5,662
1,774
1,774
1,775
716
719
724
248
239
225
508
517
534
218
210
6,013
6,027
5,968
4,890
5,008
4,868
6,137
5,997
6,096
6,496
5,667
5,644
5,634
5,656
.774
,778
,801
,798
728
727
729
725
217
216
211
207
538
541
544
559
221
217
240
217
5,957
5,738
5,908
6,224
4,781
4,439
4,685
4,914
142
143
141
161
6,377
6,537
6,941
7,158
5,710
5,764
5,780
5,817
,818
,828
,852
,851
727
728
732
733
197
193
187
186
563
573
578
593
243
236
256
234
99
99
105
6,183
6,255
6.677
6,866
4,857
4,779
4,925
5,048
596
568
665
158
157
165
7,168
7,239
8,216
5,908
5,964
6,067
,875
,876
,909
738
740
•754
176
174
169
600
607
628
258
249
250
103
106
111
6,954
6,969
7,845
5,100
5,015
5,705
708
684
766
822
130
167
184
243
8,318
8,741
9,314
13 10,109
6,148
6,192
6,255
6,228
1,943
1,956
1,990
1,982
758
760
765
768
164
162
158
155
637
649
656
669
275
272
298
273
no
3,039
8,374
9,028
9,661
5,863
6,146
6,709
7,529
451
427
501
93
207
178
5,322
5,696
6,355
5,021
5,174
5,355
1937—Mar, 31
June 30....
Dee. 31,...
12,290
12,400
12,486
458
426
434
57
69
78
6,255
6,296
6,251
1938—Mar. 7
June 30
Sept. 28
Dec. 31.__.
12,351
12,163
12,308
12,809
425
403
423
471
66
68
108
144
1939—Mar. 29
,. 12,733
12,943
June 30
13,427
Oct. 2
13,762
Dec. 30....
464
467
538
598
13,854
,. 13,950
15,132
15,319
15,799
16,532
17,415
1
DeReUndi- serves mand
Net
vided for
de^
deprof- con- posits mand
its8 tiuaddegen- justed 7 posits T
cies,
etc.*
697
704
709
10,983
11,591
.12,458
1941—Apr. 4
June 30
Sept. 24
.
Dec. 31...„..
Com- Pre- Surmon ferred plus
stock stock 5
1,706
1,729
1,750
1936—Mar. 4..
June 30_.
Dee. 31_.
1940—Mar. 26
June 29
Dec. 31
Accept- Other
ances liaout- bilistand- ties Total
ing
Memoranda
10
60
114
113
117
"Balances with foreign banks" are included in "balances with domestic banks" prior to May 4, 1920, and in "other assets" from May 4,
1920,s to December 31, 1926.
Before October 3, 1928, all interbank deposits were reported as "due to banks" and were assumed to be demand deposits.
3
Includes United States Treasurer's time deposits, open, account. Such accounts were first opened in November 1938; before that time all
United States Government deposits were demand deposits.
4
Prior to June 30, 1921, figures represent postal savings deposits at national banks only. Under specific provisions of law, postal savings
deposits were subject to the reserve requirements applicable to time deposits from June 21, 1917,, to August 23, 1935, but they were in fact demand
deposits until the passage of the Banking Act of 1933, when the terms under which such deposits were made were amended so as to conform to
the definition of time deposits.
* Includes capital notes and debentures issued by State member banks (national banks do not issue them). Preferred stock was not issued
by member banks before the banking holiday of 1933.
a
The composition of undivided profits and reserves has been changed from time to time; see introductory text, p. 71.
7
For definitions of "demand deposits adjusted" and "net demand deposits" see introductory text, p. 65.
101
ALL MEMBER BANKS
NO. 36-COUNTRY MEMBER BANKS-CLASSIFICATION OF LOANS ON CALL DATES, 1928-1141
[In millions of dollars]
Loans on securities, except to banks
Open market paper
Call date
Total
loans
Acceptances
payable
in U. S.
Total1
To brokers
and
dealers
Bills
Commercial
Own Accept- abroad paper
bought
accept- ances
ances1 of otbei
banks
&
Real estate loans
Total
To
others
Outside
New
York
City
In
New
York
City
Total
On
farm
land
On
other
real
estate
Loans
to
banks
Other
loans1
1928— Oct 3
Dec. 31
8,885
8,915
235
249
24
30
17
8
195
211
2,106
2,281
378
376
117
107
1,610
1,799
1,422
1,443
294
290
,129
,154
46
37
5,075
4,904
1929— Mar. 27
June 29
Oct. 4
Dec. 31
9,001
9,096
9,226
8,936
244
180
177
200
44
33
27
33
8
7
6
5
192
140
144
163
2,409
2,455
2,671
2,522
354
316
376
208
114
105
125
83
1,942
2 ,034
2 ,170
2 ,231
1,466
1,486
1,485
1,462
289
287
279
276
,176
,199
,206
,186
39
49
45
45
,843
,926
,847
,705
1930— Mar. 27
June 30
Sept. 24
Dec. 31
8,768
8,602
8,354
8,001
238
183
171
128
27
8
4
5
4
4
4
3
207
171
164
120
2,449
2,356
2,316
2,198
258
129
115
49
93
90
88
59
2 ,097
2 ,137
2 ,112
2 ,090
1,475
1,475
1,480
1,455
279
274
275
264
,196
,201
,205
,191
65
62
62
62
,541
,527
,326
,158
1931— Mar. 25
June 30
Sept. 29
Dec. 31
7,740
7,513
7,199
6,608
121
105
84
59
4
5
2
1
4
2
2
2
2
114
101
81
48
2,133
2,061
,968
,772
36
30
32
16
64
47
43
28
2 ,033
,984
,892
,728
1,449
1,437
1,411
1.346
261
260
254
237
,188
,177
,157
,109
58
60
64
69
3,978
3,849
3,673
3,362
1932— June 30
Sept. 30
Dec. 31
6,014
5,767
5,493
54
49
33
3
4
2
13
8
1
2
2
2
36
36
28
,559
,491
,440
13
9
8
20
17
15
,525
,464
,417
1,328
1,324
1,304
238
241
234
,090
,084
,070
59
49
50
3.015
2,854
2,667
1933— June 30
Oct 25
Dec. 30
4,275
4,283
4.223
35
53
44
3
3
3
4
2
3
1
2
3
27
46
34
,143
,141
,129
10
23
22
15
14
15
,117
,104
,092
1,055
1,070
1,061
182
189
196
873
881
865
38
35
38
2,005
1,984
1,952
1934— Mar 5
Oct. 17
Dec. 31
4,234
4,172
4,105
4,025
70
82
108
101
5
3
5
2
10
5
5
5
2
2
3
2
54
72
95
92
1,122
1,098
1,075
1,060
30
45
48
50
16
14
15
14
1,077
1,039
1,012
996
1,068
1,056
1,026
1,026
181
170
161
158
887
886
865
867
35
33
28
27
1,937
,903
,868
,810
1935— Mar, 4
June 29
Nov. 1
Dec. 31
3,991
3,959
3,919
3,918
118
123
140
143
2
2
3
2
6
3
3
3
2
2
2
2
109
116
132
135
1,045
963
918
914
64
18
3
7
16
13
13
13
966
932
902
894
1,018
1,020
1,026
1,035
157
158
154
153
860
862
871
882
25
21
19.
17
,785
,831
,815
,810
1936— Mar. 4
June 30
Dec. 31
3,896
4,038
4,078
151
158
187
2
2
3
3
2
4
1
1
2
145
152
178
895
894
872
14
16
13
15
17
16
865
861
843
1,043
1,078
1,123
155
160
161
888
918
962
17
17
14
,791
.891
.881
1937— Mar. 31
June 30
Dec. 31
4,204
4,340
4,446
235
223
216
2
2
2
12
4
3
5
5
3
216
211
208
867
861
849
16
15
9
17
18
16
833
828
824
1,150
1,179
1,219
165
169
169
985
1,010
1,050
15
16
13
1,937
2,062
2,148
1938— Mar. 7
June 30
Sept. 28
4,369
4,388
4,399
215
173
156
3
2
2
3
2
2
1
1
1
208
168
151
828
811
805
9
6
7
15
14
14
804
790
784
1,233
1,269
1,303
173
176
179
1,060
1,092
1,123
11
9
9
2,083
2,126
2,127
Loans
to
banks
Other
loans
June 30
Call date
Total
loans
0r
Acceptances
payable in
U. S.
Commercial
loans
Agricultural
loans
Total
Real estate loans
Loans for
n urchasing
carrying
securities
Open market paper
ComBills
merTo
paycial
broable
Own Accept- abroad paper
kers
bought and
accept- ances
dealers
ances )f other
banks
To
others
Total
On
farm
land
On
residential
property
Other
1938— Dec. 31
4,444
1,048
483
138
2
1
1
134
25
243
1,353
182
873
298
5
1,149
1939— Mar. 29
June 30
Oct. 2 2
Dec. 30
4,480
4,605
4,665
4,768
1,081
1,095
517
531
142
140
1
2
2
1
1
2
138
136
24
22
226
229
1,363
1,402
185
187
870
897
309
318
6
5
1,121
1,180
1,151
495
163
2
2
1
158
20
224
1,477
194
955
328
4
1,234
1940— Mar. 26 2
June 29
Dec. 31
4,860
4,987
5,309
1,187
1,267
546
590
174
187
1
1
1
3
1
1
171
182
17
21
208
201
1,544
1,644
203
208
1,000
1,081
340
355
3
3
1,307
1,397
1941— Apr. 4s
June 30 2
Sept. 24
Dec 31
5,431
5,607
5,828
5,890
1,377
555
216
2
2
1
212
17
195
1,739
217
1,158
364
3
1,504
1,431
659
245
2
2
1
240
20
183
1,823
215
1,234
373
2
1,528
1
2
Reporting banks' "own acceptances" are included in "other loans" prior to December 1931.
Beginning with October 1939 a detailed classification of loans has not been required as of spring and autumn call dates.
BANKING AND MONETARY STATISTICS
102
N0.37-COUNTRY MEMBER BANKS-CLASSIFICATION OF INVESTMENTS ON CALL DATES, 1928-1941
[In millions of dollars]
Other domestic securities
U. S. Government obligations
Direct
Total
investments
Call date
Total
Bills*
Notes
Obligations
Bonds, notes, and
debentures
of
States
Guar- and
anteed polit- Total Sovernical
ment
subagencies
Util- Other
Raildivinot
Bonds
guar- roads' ities'
sions
anteed
byU.S.»
Corporate
stocks
Foreign
securities
F.R.
Bank
Other
Total
securities
maturing in
5 years
or leas
1928— Oct 3
Dec. 31
4,727
4,751
1,362'
1,382
169
180
206
212
986
990
632
644
2,313
2,297
522
516
696
691
925
912
54
54
116
124
421
429
1929— Mar 27
June 29
Get 4
Dec. 31
4,740
4,623
4,554
4,439
1,424
1,384
•1,361
1,267
190
159
139
97
213
220
201
171
1,020
1,004
1,021
999
635
622
621
627
2,260
2,209
2,174
2,156
505
488
476
471
681
666
654
650
895
865
84S
831
55
55
56
56
124
134
140
148
422
408
399
389
1930— Mar. 27
June 30
Sept. 24
Dec 31
4,475
4,554
4,589
4,519
1,273
1,229
1,219
1,159
78
38
47
34
175
157
134
112
1,021
1,034
1,039
1,014
625
630
630
659
2,189
2,291
2,330
2,317
468
510
516
518 i
694
711
730
734
819
844
849
826
57
57
57
56
150
169
180
183
388
405
409
382
1931— Mar 25
June 30
Sept 29
Dec 31
4,550
4,555
4,606
4,392
1,224
1,279
1,433
1,418
64
44
35
50
97
105
122
132
1,063
1,130
1,276
1,235
673
680
694
678
2,292
2,255
2,171
2,016
514
520
512
492
735
732
701
648
807
768
725
654
56
55
55
52
180
180
177
170
362
339
309
281
1932—June 30
Sept. 30
Dec 31
4,226
4,187
4,114
1,432
1,471
1,474
51
41
31
136
190
221
,244
,240
,222
656
646
646
1,889
1,834
1,773
473
466
457
602
580
554
598
574
547
51
>50
50
166
164
165
250
234
221
1933—June 30
Oct 25
Dec. 30
3,598 1,469
3,748 1,592
3,845 •1,683
64
29
50
299
330
335
,106
,234
1,297
4
581
594
621
1,387
1,405
1,397
370
380
376
434
443
442
405
404
407
42
43
44
136
135
128
161 .._.....
155
144
1934— Mar. 5
June 30
Oct. 17
Dec 31
4,148
4,283
4,545
4,756
1,946
1,982
1,992
2,108
91
69
56
13
486
446
458
562
1,368
1,467
1,478
1,533
25
215
355
664
681
720
741
1,401
1,471
1,505
1,450
78
167
183
137
385
399
418
428
445
441
443
441
319
301
301
297
45
46
48
48
129
118
112
99
136
124
112
102
1935— Mar 4
June 29
Nov. 1
Dec 31
4,757
4,780
4,903
5,002
2,020
1,931
1,875
1,940
14
19
26
28
541
543
701
722
1,465
i;370
1,148
1,189
448
553
609
623
741
750
789
807
1,450
1,451
1,529
1,534
143
102
100
102
437
446
466
461
439
461
499
518
285
297
326
317
48
48
44
44
97
97
93
92
98
95
101
98
1936— Mar 4
June 30
Dec. 31
4,989
5,407
5,747
1,873
2,163
2,368
40
26
17
704
735
689
1,129
1,402
1,662
630
640
645
821
845
883
1,565
1,664
1,765
111
111
99
478
519
534
504
540
599
338
360
403
44
44
44
91
89
86
100
95
86
1937— Mar 31
June 30
Dec 31
5,741
5,794
5,677
2,397
2,520
2,490
31
52
29
707
792
786
1,659
1,676
1,675
626
635
678
899
880
879
1,721
1,667
1,554
100
98
84
536
522
498
565
536
491
394
386
359
44
44
44
82
81
78
98
92
76
1938— Mar '7
June 30
Sept 28
Dec. 31
5,589
5,364
5,558
5,669
2,477
2,385
2,550
2,636
24
13
15
11
787
715
766
732
1,665
1,657
1,770
1,893
647
579
596
597
880
878
903
982
1,513
1,458
1,446
1,386
82
76
67
82
490
471
465
450
475
450
441
427
345
342
354
324
45
45
45
45
77
75
73
58
72
64
64
67 H.720
1939— Mar. 29
June 30
Oct. 2 6
Dec. 30
5,618
5,504
5,437
._ 5,456
2,578
2,444
2,383
2,434
15
11
585
563
1,978
1,870
99
94
438
422
388
369
310
307
45
45
53
53
63 H,608
61 1 H.702
431
1,972
1,001
1,025
1,058
1,061
1,333
1,290
31
643
683
699
725
1,171
94
399
311
271
45
51
65
1,742
1940— Mar, 26*
June 29
Dec. 31
5,334
5,270
5,517
2,341
2,335
2,559
36
45
1,849
2,081
719
695
710
1,076
1,097
1,146
1,080
1,041
109
108
368
343
269
262
242
238
46
46
46
44
63
61
1,782
1,921
1941— Apr. 4 8
June 30
Sept. 24 «
Dec. 31
5,713
5,839
6,024
6,628
2,762
2,839
2,870
3,517
~"~60~
694
788
919
861
1,176
1,165
1,191
1,222
987
106
324
242
226
47
42
60
1,923
969
113
309
231
230
48
39
59
2,243
110
451
433
""374" ~MOT
481
2,926
( )
i Includes certificates of indebtedness up to and including October 17, 1934; no Treasury certificates outstanding from December 1934 until
early 1942. Treasury bills were^first issued in December 1929.
3
Included in '"other" bonds, notes, and debentures prior to March 5, 1934. Securities guaranteed as to interest only, first issued in July 1933
and 8
replaced in 1934-1935 by fully guaranteed obligations, have been classified as not guaranteed.
Comprises bonds only, October 1928 to December 1933, inclusive, and bonds, notes, and debentures thereafter.
' Not reported separately; included in "other" bonds, notes, and debentures. No such securities (guaranteed as to both principal and interest)
were5issued until late in 1933.
This is the amount reported as "maturing in 1939-1943." A classification of securities by maturity was not required tefore December 1938.
8
Beginning with October 1939 a detailed classification of securities has not been required as of spring and autumn call dates.
ALL MEMBER BANKS
103
N0.38-COUNTRY MEMBER BANKS-CLASSIFICATION OF DEPOSITS ON CALL DATES, 1928-1941
[In millions of dollars]
Demand
Interbank
Call date
Total
Domestic
Foreign
U.S.
Government
Time
IndividStates Certified
and
uals,
and
partpolitneroffiTotal
ical
cers' ships,
subdivi- checks, corporations,
sions
etc.
etc.
Interbank
Do- Formestic eign
14
9
U.S.
Gov- States
and
ernment politand
ical
postal subsav- 1 divisions
ings
Individuals, partnerships,
corporations, etc.
Total
Savings
ChristCertifimas
cates Open savacings
of
de: counts and
2
posit
similar
accounts'1
52
54
123
116
6,609
6,615
5,169
5,240
1,288
1,278
151
98
55
55
59
61
132
139
140
133
6^629
6,615
6,562
6,390
5,215
5,214
5,133
5,095
1,264
1,230
1,219
1,199
ISO
172
210
95
65
71
76
88
147
145
147
128
6,442
6,477
6,461
6,312
5,080
5,096
5,046
5,047
104
117
145
179 .
138
125
117
106
6,246
6,207
5,935
5,349
7
7
7
231
260
279
94
110
104
4,211
4,345
4,365
7
12
10
285
293
300
3,007
3,150
3,472
3,589
4,562
4,746
4,814
4,864
11
15
17
16
90
104
106
127
3,642
3,761
4,095
4,254
4,902
5,009
5,059
5,115
965
1,008
1,011
106
121
167
4,252
4,567
5,177
57
69
78
1,113
1,067
959
130
139
149
1928— Oct. 3
Dec 31
6,651
6,771
431
427
2
2
36
50
646
684
140
171
5,395
5,437
6,798
6,794
1929— Mar-. 27
June 29
Oct. 4
Dec 31
6,409
6,321
6,515
6,450
374
350
391
405
2
4
2
3
77
64
63
39,
763
771
705
742
124
143
132
169
5,069
4,989
5,222
5,091
6,827
6,817
6,768
6,590
7
7
6
1930— Mar 27
June 30
Sept 24
Dec 31
6,093
6,157
5,931
5,813
365
376
402
387
3
3
3
2
67
51
60
53
884
921
760
762
118
137
105
152
4,657
4,670
4,602
4,458
6,660
6,701
6,695
6,538
6
7
11
11
1931— Mar 25
June 30
Sept 29
Dec 31
5,650
5,564
5,192
4,776
410
405
332
295
2
3
r
2
75
67
132
61
884
853
748
692
110
118
91
122
4,168
4,119
3,888
3,604
6,501
6,461
6,207
5,641
12
12
11
7
1932— June 30
Sept. 30
Dec 31
4,187
4,036
4,031
257
244
264
1
2
1
60
96
72
734
613
615
82
69
90
3,052
3,013
2,988
5,262
5,157
5,076
1933— June 30
Oct. 25
Dec. 30
3,548
3,625
3,865
228
230
253
1
1
1
116
114
111
555
579
622
72
68
85
2,576
2,633
2,793
1934— Mar 5
June 30
Oct 17
Dec. 31
4,250
4,443
4,830
5,021
285
303
347
342
1
1
1
2
181
174
125
178
702
731
787
804
74
85
98
106
1935— Mar. 4
June 29.
Nov. 1
Dec. 31
5,095
5,168
5,591
5,835
364
347
399
415
1
1
2
1
152
90
95
137
845
865
895
901
1936— Mar. 4
June 30
Dec. 31
5,850
6,314
7,017
433
410
483
1
1
2
93
207
178
1937— Mar. 31
June 30
Dec. 31
6,754
6,776
_ 6,742
440
409
412
2
2
1
10
1
1:217
1,214
1,226
1,170
145
167
188
95
4,972
4,926
4,695
4,346
1,154
1,122
1,065
916
121
159
175
88
4,931
4,780
4,686
4,001
3,842
3,835
826
812
779
103
126
72
86
87
83
3,833
3,953
3,973
3,157
3,268
3,362
605
593
556
36
45
45
34
47
10
301
256
210
210
87
87
87
84
4,163
4,388
4,500
4,554
3,549
3,742
3,830
3,939
554
565
575
560
41
47
49
44
21
34
46
11
17
16
17
16
188
162
140
136
75
76
78
83
4,623
4,756
4,824
4,879
3,994
4,115
4,184
4,267
557
547
537
544
49
57
54
57
23
37
49
12
5,133
5,277
5,440
17
16
16
95
87
69
82
80
80
4,938
5,094
5,275
4,299
4,435
4,674
554
553
529
60
61
58
25
45
13
5,013
5,089
5,143
5,536
5,624
5,743
16
15
21
64
64
61
79
85
158
5,377 4,751
5,459 4,822
5,504 1 4,917
528
523
509
62
80
62
37
54
15
56
52
46
44
159
144
147
•147
5,508
5,499
5,488
5,509
4,912
4,888
4,869
4,955
501
497
485
475
62
60
61
66
33
56
72
12
4,971
5,011
477
480
71
69
38
58
1
•
1938— Mar. 7
June 30
Sept. 28
Dec. 31
6,607
6,446 i
6,604
7,086
403
380
398
446
1
2
2
2
66
68
108
143
1,073
1,008
969
1,128
101
126
114
154
4,963
4,863
5,013
5,215
5,744
5,717
5,703
5,723
20
22
23
23
1939— Mar. 29__
June 30
Oct 2 3
Dec. 30
6,953
7,113
7,584
7,884
438
439
509
571
2
2
2
2
137
136
133
154
1,176
1,130
1,073
1,090
114
135
131
172
5,087
5,272
5,736
5,896
5,780
5,830
5,843
5,878
25
26
27
26
::::::
46
40
35
35
153
145
148
140
5,557
5,619
5,632
5,677
5,125
467
70
15
1940— Mar. 263
June 29
Dec. 31
7,882
7,921
9,003
566
538
633
2
2
2
147
143
151
1,205
1,115
1,184
131
164
187
5,832
5,960
6,846
5,972
6,029
6,129
35
37
33
151
147
150
5,757
5,816
5,917
5,204
5,355
470
465
73
81
68
17
1941— Apr. 43
June 30 3
Sept 24
Dec. 31
9,109
9,545
10,215
11,127
677
652
732
790
3
2
2
2
114
151
168
225
1,269
1,269
1,341
1,370
163
190
169
239
6,886
7,282
7,805
8,500
6,210
6,254
6,317
6,288
29
29
29 -~ —
29
30
32
30
31 .
31
30
31
142
143
145
146
6,006
6,049
6,110
6.0S2
5.423
463
83
81
5,532
441
91
18
1
2
United States Treasurer's time deposits, open account, were first established in November 1938.
"Christmas savings and similar accounts" are included in "open accounts" before June 1933.
» A condensed form of report was adopted for spring and autumn calls beginning with October 1939. For this reason, no breakdown of time
deposits of individuals, partnerships, and corporations is available; and the breakdown of interbank deposits, both demand and time, into those
of domestic and foreign banks, respectively, haa been estimated.
SECTION 3
ASSETS AND LIABILITIES OF INSURED BANKS
Text
Table 39. All insured commercial banks—principal assets and liabilities, June and December,
1934-1941
Table 40. All insured commercial banks—classification of loans and investments, June and
December, 1934-1941
Table 41. All insured commercial banks—classification of investments by maturities and by
class of bank, December 31, 1941
Table 42. All insured commercial banks—classification of deposits, June and December, 19341941
Table 43. Insured nonmember commercial banks—principal assets and liabilities, June and
December, 1934-1941
Table 44. Insured nonmember commercial banks—classification of loans and investments, June
and December, 1934-1941
'., . .
Table 45. Insured nonmember commercial banks—classification of deposits; June and December, 1934-1941
Table 46. Insured mutual savings banks—principal assets and liabilities, June and December,
1934-1941
Table 47. All insured commercial banks—principal assets and liabilities, by States, December
31, 1941
Page
107
108
109
110
110
Ill
112
113
113
114
SECTION 3
ASSETS AND LIABILITIES OF INSURED BANKS
Statistics of assets and liabilities of insured
banks, based on tabulations of so-called "call
reports" at semiannual intervals, provide detailed information for the largest coverage of
banks now reporting on a comparable basis.
Detailed figures by States and by major classes
of insured banks have been published by the
Federal Deposit Insurance Corporation for end
of June and December dates beginning with June
1934 in a report entitled Assets and Liabilities of
Operating Insured Banks, which is the source
of the figures shown in this section.1
All member banks of the Federal Reserve System, both national and State, have their deposits insured by the Federal Deposit Insurance
Corporation up to a maximum of $5,000 for each
depositor; nonmember banks are admitted to insurance upon application to and approval by the
Corporation. Call reports are required by law
to be rendered by national banks to the Comptroller of the Currency and by State member
banks of the Federal Reserve System to their
respective Federal Reserve Banks at least three
times a year.2 Insured nonmember banks are
required to submit reports of condition at such
times as the Federal Deposit Insurance Corporation may request; since its inauguration the Corporation has called for two such reports each
year, as of the end of June and December.
The Federal Deposit Insurance Corporation
combines summary figures for national banks
and State member banks of the Federal Reserve
System with corresponding summary figures compiled by the Corporation from the reports of insured nonmember banks, thus arriving at the
aggregate statistics covering all insured banks.3
1
For the period 1934-1937, the figures are based in part on data
appearing in the 1938 Annual Report of the Federal Deposit Insurance Corporation, because a number of revisions were made
after publication of the original figures in the report Assets and
Liabilities of Operating Insured Banks.
2
All State banks and trust companies in the District of Columbia, whether insured or noninsured, are required to submit reports
of condition to the Comptroller of the Currency. In addition,
those that are members of the Federal Reserve System are re quired to submit condition reports to the Federal Reserve Bank
of Richmond.
The compilation is facilitated by the fact that
the forms of call reports prescribed for national
banks, State member banks, and insured nonmember banks are substantially the same.4 The
introductory text to Section 2 will be useful,
therefore, in understandipg the statistics in this
section.
Tables 39-42 in this section give data for all
insured commercial banks corresponding to those
given for all member banks in Tables 18-21 of
Section 2, while Tables 43-45 give similar data
for insured nonmember commercial banks and
Table 46 summarizes data for insured mutual
savings banks. Table 47 gives a slightly more
detailed statement of assets and liabilities of all
insured commercial banks, by States, for December 31, 1941.
Statistics for all insured banks include the
assets and liabilities of banks in .United States
possessions. On December 31, 1941, there were
four insured banks in possessions: two national
banks in Alaska, one national bank in the Virgin Islands, and one bank in Hawaii organized
under the laws of the territory. None of these
were members of the Federal Reserve System.
The assets and liabilities of these banks are included in figures given in this section, but are
excluded from the figures of insured commercial
banks given in Section 1, Tables 1, 8, and 10.
Their exclusion does not appreciably affect the
aggregates for all insured banks, since the four
banks in the possessions had total assets of only
10 million dollars, or a little over 1/100 of one
per cent of the aggregate of all insured banks.
Additional statistics relating to insured banks
are given in Section 1, Tables 1, 8,10, 12,13, and
16; Section 6, Tables 64 and 65; and Section 8,
Tables 75-77 and 82-84.
3
The summarization of the condition reports of national banks is
made by the Comptroller of the Currency and of those of State
member banks by the Board of Governors of the Federal Reserve
System.
* The Federal Deposit Insurance Corporation provides a special
form of report for insured nonmember mutual savings banks,
whereas the three mutual savings banks which have been members
of the Federal Reserve System since April 1941 submit reports
on the same form as other (commercial) member banks.
107
BANKING AND MONETARY STATISTICS
108
NO. 39-ALL INSURED COMMERCIAL BANKS-PRINCIPAL ASSETS AND LIABILITIES, JUNE AND DECEMBER, 1934-1941
[Amounts in millions of dollars]
Loans and investments
l
Investments
Date
Total
Loans
Total
Reserves
with
Cash
in
Federal
U.S.
Reserve vault
Govern- Other Banks
ment securiobligaties
tions
Balances
with
domestic
banks
Cus-
Total
BalCash Bank
tOffl- Se:
assets
ances items premers* curiNumOther iabil- ties Other!
with
in
ber
for- process furm- real ity bor- assets'
of
eign
of
ture estate on rowbanks3
i
and
banks collecac- ed
tion fixtures
ceptTotal
ances
labilities
31,688
1934— June 30
Dec. 31.... 32,785
15,190
14,614
16,498
18,172
10,005
11,713
6,493
6,459
3,819
4,082
623
793
3,661
4,193
146
190
1,094
1,944
1,213
1,212
427
465
254
243
5
4
505
536
43,435
46,448
13,939
14,147
33,552
1935— June 29
Dec. 31, — 34,835
14,515
14,719
19,036
20,116
12,352
13,275
6,684
6,841
4,933
5,573
705
870
4,523
5,049
76
55
2,304
1,219
1,210
1,196
508
551
159
180
2 378
1 313
47,265
50,927
14,177
14,124
1936— June 30..,, 37,315
Dec. 31.... 38,272
15.131
15,965
22,184
22,307
14,772
14,750
7,412
7,558
5,607
6,572
916
917
5,266
5,589
55
58
2,194
1,195
1,178
574
560
159
181
1 310
1 287
53,592
56,210
14,061
13,969
1937— June 30... . 38,222
Dec. 31.__. 37,227
17,044
16,750
21,179
20,477
13,985
13,669
7,214
6,807
6,897
7,005
844
790
4,496
4,745
55
72
2,249
2,319
1,173
1,161
537
520
191
157
1 240
1 217
54,905
54,212
13,883
13,793
36,004
1938= June 30
Dec. 31.... 37,475
15,726
16,024
20,279
21,451
13,525
14,507
6,753
6,944
8,004
8,694
910
950
5,392
5,664
119
54
1,946
1,814
1,153
1,123
509
646
111
122
2
5
219
253
54,369
56,800
13,723
13,657
1939— June 30..,. 38,033
Dec. 30..., 39,294
16,040
16,866
21,993 15,038
22,428 , 15,567
6,955
6,860
10,011
11,604
918
1,067
6,142
7,319
44
25
2,239
1,107
1,091
610
566
104 ....
110
217
209
59,426
63,147
13,567
13,534
1940— June 29.-.. 39,836
Dec. 31... . 42,561
17,014
18,397
22,821 15,901
24,163 ! 17,064
6,920
7,099
13,751
13,992
984
1,235
7,540
8,204
16
12
2,847
1,081
1,071
507
463
81
84
4
12
217
239
65,589
70,720
13,479
13,438
1941— June 30.__- 46,192
Dec.31.__. 49,294
19,913
21,262
26.279
28.032
19,371
21,047
6,908
6,985
12,959
12,396
1,243
1,359
8,299
8,574
10
11
2,489
3,453
1,067
1,061
429
370
79
73
4
4
214
233
72,984
76,827
13,422
13,426
2,595
1,861
1,573
Deposit*
Date
Total
Capital accounts
Inter- U.S. Postal Other
bank Govern- sav- demand
ment 1 ings
Other
time
Borrowings
Accept^ Other
ances liabilioutties
standing
Com-
Pre-
Total
mon ferred
stock* stock «
Surplus
Memorandum—
ReDeUndi- serves mand
vided
for deposits
profits' contin- adgencies, justed
etc. 6
1934— June 30... _ 35,833
Dec. 31.... 39,015
4,435
4,950
1,708
1,687
661
524
17,305
19.846
11,724
12,008
79
49
279
264
999
6,244
3,319
96.9
6,152
3,349
1,962
1,915
471
470
492
418
16,211
17,901
1935— June 29.. .. 40,320
Dec. 31.... 44,147
5,481
6,394
805
881
372
280
21,062
23,669
12,600
12,922
46
35
176
199
510
335
6,213
6.210
3,365
3.300
1,893
1,946
529
548
427
416
19,843
21,365
46,649
49,283
6,708
7,100
1,106
947
196
.140
25,182
27,271
13,458
13,826
39
32
180
203
425
363
6,299
6,329
3,213
3,081
2,042
2,185
628
666
415
1937— June 30.... 47,830
47,224
Dec. 31
6,146
6.128
651
801
132
126
26,591
25,588
14,309
14,580
35
30
215
176
428
378
6,396
6,404
3,054
3.030
2,225
2.268
708
711
409
395
24,342
23,269
193»— JuneSO.... 47,461
Dec. 31.. „ 49,779
6,651
7,254
560
840
110
84
25,561
27,014
14.579
14,587
27
18
123
140
366
428
6,392
6,435
1939— June 30.. _ _ 52,327
Dec. 30... . 56,076
7,943
9,523
753
808
65
51
28,733
30,695
14,834
14,998
16
14
122
126
446
406
6,515
1940—June 29.. _ _ 58,425
63,469
Dec. 31
9,795
10,539
789
701
41
35
32,520
36,670
15,281
15,525
14
11
96
98
65,617
1941— JuneSO
Dec, 31..., 69,421
10,546
10,654
702
1,797
28
25
38,658
41,302
15,682
15,643
11
10
94
87
1936— June 30
Dee, 31
22,988
397. 24,676
2,429
553
2,292
2,347
732
742
350
365
23,615
25,200
2,427
6,524 I 2.432
528
482
2,381
2,443
799
789
380
378
26,494
28,834
447
467
6,606
6,673
2,436
457
431
2,484
2,563
837 i
838
394
2,441
400
30,947
33,823
489
467
6,773
6,842
2,452
2,469
407
380
2,603
2,686
898
896
413
412
36,170
37,849
3,019
1
Beginning with December 31, 1938, the figures of loans and investments exclude and the figures of "other real estate" include loans and
investments indirectly representing bank premises or other real estate; the amounts of such loans and investments at all insured commercial banks
were2 54 and 102 million dollars, respectively, on December 31, 1938.
The number of banks in this table excludes insured commercial banks in United States possessions; there were two such banks in December
1934 and in June and December 1935, and four thereafter. The assets and liabilities of such banks are relatively small (total deposits $9,481,000
on December 31, 1941) and have not been excluded from this table. The number of banks in this table includes insured nonmember commercial
banks for which condition reports were not available and insured nonmember trust companies not engaged in deposit banking, the assets and
liabilities of which are not included in this table, as follows: 43 on June 30, 1934; 12 on December 31, 1934; 4 on June 29, 1935; 3 on December 31,
1935; 6 on June 30, 1936; 3 on December 31, 1936; 2 on June 30 and December 31, 1'937; 4 on June 30, 1938; 2 on December 31, 1938; 2 on June 30,
1939; 3 on December 30, 1939; 3 on June 29, 1940; 4 on December 31, 1940; and 3 on June 30 and December 31, 1941.
s Includes United States Treasurer's time deposits, open account. Such accounts (carried at member banks only, before 1942} were first
opened in November 1938.
« The figures of "preferred stock" are the aggregate par values of such stock plus the face amount of capital notes and debentures issued by
insured State banks (national banks do not issue them). The figures of "common stock" are the difference between (1) the aggregate book value
of common and preferred stock and capital notes and debentures and (2) the par value of preferred stock and the face amount of capital notes and
debentures.
. '
* Prior to December 31, 1938, the figures of "undivided profits" include and those of "reserves for contingencies, etc.," exclude reserves for
dividends payable in the form of common stock; the amount of such reserves at all insured commercial banks on December 31, 1938, was 8 million
dollars.
INSURED BANKS
109
NO. 40-ALL INSURED COMMERCIAL BANKS-CLASSIFICATION OF LOANS AND INVESTMENTS, JUNE AND DECEMBER, 1934-1941
(In millions of dollars]
Loans for
purchasing or
carrying
securities
Open market paper
Date
Total
loans
Commercial
loans1
Agricultural'
loans1
Acceptances
payable in
U.S.
Total
Real estate loans
CommerTotal
To
cial
Accept- abroad paper brokers To
bought and others^
Own
ances
dealers
accept- of other
banks
ances
Bills
ffi
On
farm
land
On
residential
property
Other
Loans
to
banks
Other
loans3
1934— June 30,__, 15.190
14,614
Dec. 31
721
782
217
235
265
257
21
32
219
257
1,329
1,068
3,714
3,492
3,462
3,, 336
556
499
2,£ 06
2,* 36
165
164
6,798
5,772
1935-June 29— . 14,515
14,719
Dec. 31
643
696
139
175
201
182
18
29
285
310
1,191
1,268
3,295
3,228
3,330
3,323
497
488
2,* 33
2,S 35
128
105
5,928
6,099-
1936—June 30
Dec. 31
15,131
15,965
(662)
(637)
600
691
119
133
144
161
18
19
319
378
1,371
1,447
3,193
3,103
3,366
3,447
489
488
2,£ 77
2,£ 59
87
90
6,514
7,187
1937— June 30
Deo 31
17,044
16,750
(726)
(788)
704
702
116
131
132
128
16
23
441
420
1,566
971
3,150
3,065
3,584
3,641
504
502
3,C 80
3,1 39
119
73
7,921
8,298
1038— June 30
" Dec. 31
15,726
16,024
5,154
(926)
1,065
543
479
113
96
76
89
14
10
340
283
726
1,002
2,917
2
851
3,722
3,859
513
519
3,5 09
923
2,417
124
128
7,694
33,487
1939— June SO.... 16,040
Dec. 30
16,866
5,228
5,835
1,193
1,094
461
497
102
93
67
63
9
9
284
331
755
817
828
794
3,990
4,137
531
534
2,468
2,597
991
1,006
60
57 .
3,524
3,635
17,014
1940—June 29
Dec. 31-. __ 18,397
6,003
6,671
1,183
1,281
499
508
91
75
47
56
5
4
356
372
464
663
742
727
4,283
4,470
544
544
2,720
2,883
1,020
1,044
43
44
3,797
4,033
1941— June 30.... 19,913
21,262
Dec. 31
7,746
8,544
1,167
1,450
597
671
80
78
53
45
6
7
458
541
592
614
703
662
4,632
4,775
551
535
3,039
3,208
1,041
1,031
45
40
4,431
4,506
Other domestic securities
U. S. Government obligations
Direct
Date
Total
investments
ObliBonds, notes, and debentures Corporate stocks
gations
Total
For- securiof
States
eign
ties
Governand
securi- maturment
Guar- politi- Total
ing in
ties
agen- Railcal
anteed
Federa
5 yrs.
cies not roads Utilities Other Reserve Other
subdivior less
guaranBank
sions
teed by
U.S.*
Total
Bills
Note3
Bonds
1984— June 30..-- 16,498
18,172
Dec. 31
9,708
10,503
1,451
1,032
3,047
4,402
5,210
5,069
298
1,210
2,280
2,411
3,879
3,752
569
434
915
981
903
909
810
793
146
147
535
489
334
296
1935— June 29
Dec. 31
19,036
20,116
10,470
11,168
1,105
1,195
4,476
5,603
4,889
4,370
1,882
2,107
2,580
2,658
3,809
3,890
351
323
1,026
1,017
975
1,090
809
843
146
130
502
486
296
293
1986— June 30
Dec. 31
22,184
22,307
12,515
12,535
1,270
1,055
5,428
4,756
5,817
6,724
2,257
2,214
2,778
2,756
4,336
4,523
398
344
1,174
1,233
1,177
1,287
946
1,022
131
131
511
506
298
279
1937— June SO,.-., 21,179
20,477
Deo. 31
11,850
11,573
827
669
4,637
4,568
6,386
6,336
2,115
2,096
2,684
2,587
4,257
4,003
332
318
1,203
1,121
1,137
1,035
959
911
132
133
493
484
273
218
1938—June 30
Dec. 31
20,279
21,451
11,160
11,939
319
290
6,915
3,926
3,648 . 8,001
2,365
2,568
2,680
3,011
3,866
3,718
321
367
1,057
993
982
974
888
848
134
134
485
400
208
215
;
1939— June 30
Dec. 30
21 , 993
22,428
11,948
12,153
446
571
2,925
2,388
8,577
9,194
3,090
3,414
3,141
3,285
3,594
3,357
413
408
943
911
886
760
831
771
135
136
385
371
220
219
58,257
8,717
1940— June 29. _ _ - 22,821
Dec. 31
24,163
12,531
13,344
805
662
2,699
2,756
9,027
<},926
3,370
3,719
3,483
3,608
3,233
3,296
448
528
862
850
647
625
784
814
137
139
355
340
204
195
9,343
10,395
26,279
1941— June 30
Dec. 31-... 28,032
15,291
16,945
1,135
988
2,758
3,159
11,398
12,798
4,080
4,102
3,551
3,652
3,179
3,167
552
584
824
827
572
531
763
782
140
142
327
301
177
166
11,114
11,614
'8,182
1
"Commercial loans" were not reported separately before December 1938 and "agricultural loans'' were not reported separately before June
1936; prior to those dates they are included in loans on securities "to others" or in "other loans." "Agricultural loans" were reported in a separate
schedule from June 1936 to June 1938; the figures of "agricultural loans" as shown in parentheses for this period are also included in the last column,
"other loans."
2
Before December 1938 the figures in this column represent total loans on securities, other than to brokers and dealers and to banks, regardless of purpose.
3
The loan classification was extensively revised in December 1938, and the figures in this column prior to December 1938, being merely residuals,4 are not comparable with subsequent figures.
Figures for June 30 and December 31, 1934, and for June 29, 1935, include Home Owners' Loan Corporation bonds guaranteed as to interest
only.
5
This is the amount reported as "maturing in 1939-1943." A classification of securities by maturity was not required before December 1938.
BANKING AND MONETARY STATISTICS
110
NO. 41-ALL INSURED COMMERCIAL BANKS-CLASSIFICATION OF INVESTMENTS BY MATURITIES,
AND BY CLASS OF BANK, DECEMBER 31, 1941
[In millions of dollars]
All
insured
commercial
banks
Item
Member banks
Central reserve
city banks
Total
New York' Chicago
Reserve
city
banks
Nonmember
banks
Country
banks
Direct obligations of the United States Government
Treasury bills
-..
- -- - _-- _ _ _ _ _ - _Treasury notes
Bonds maturing in 5 years or less
.
- --- Bonds maturing in 5 to 10 years
Bonds maturing in 10 to 20 years
- _
-.'. Bonds maturing after 20 years
16,945
988
3,159
1,524
3,820
6,107
1,347
15,705
971
3,007
1,424
3,503
5,634
1,166
5,585
311
1,623
776
1,285
1,436
155
1,311
255
153
61
119
541
182
5,2*4
295
751
359
1,278
2,234
377
3,516
110
481
228
822
1,423
452
1,231
17
152
99
317
473
181
Obligations guaranteed by the United States Government
Maturing in 5 years or less
- - - -Maturing after 5 years
4,102
2,762
1,340
3,833
2,602
1,230
1,679
1,202
477
118
115
3
1,173
744
429
861
541
320
371
160
111
_
581
424
161
557
410
147
317
162
55
51
36
15
176
142
34
113
70
43
27
13
14
___
3,652
4
213
2,074
1,361
3,088
3
190
1,825
1,071
739
182
8
577
143
66
79
37
956
1
55
514
386
1,232
2
61
655
504
563
1
23
249
290
1,921
39
621
1,262
471
10
234
227
118
1
60
57
504
14
169
321
829
14
157
658
383
9
64
310
guaranteed by the United States Government
Maturing in 5 years or less
Maturing after 5 years
Obligations of States and political subdivisions
In default
Without specific maturity
Maturing in 5 years or less
Maturing after 5 years
Other bonds, notes, and debentures _
In default
Maturing in 5 years or less
_
Maturing after 5 years
1
._ _ _ _ ,_ _____
_ _ _ _ _ _ _
3,305
48
685 i
1,572 !
Figures for member banks in New York City were revised after original publication.
NO. 42--ALL INSURED COMMERCIAL BANKS-CLASSIFICATION OF DEPOSITS, JUNE AND DECEMBER, 1934-1)41
[In millions of dollars]
Demand
Interbank
Time
Interbank
U.S.
Government
Do- For- and
mes- eign postal
tic
savings1
Individuals, partnerships, and corporations
Do- Formestic eign
U.S.
Government
IndiStates Certi- viduals,
fied partnerand
ships,
politi- and
cal officers' and
subdi- checks, corporations
visions etc.
1934— June 30._. 23,314
Dec. 31--. 26,333
4,144
4,652
156
148
1,708
1,687
2,024
2,266
400
863
14,881
16,717
12,520
12,684
126
143
8
8
661
524
384
335
11,341
11,674
9,164
9,709
1,460
1,364
637
575
80
26
1935— June 29-. - 27,198
Dee. Sl-.- 30,780
5,057
5,781
274
448
805
881
2,587
2,674
446
921
18,030
20,074
13,122
13,367
145
160
5
5
372
280
326
405
12,274
12,517
10,236
10,575
1,356
1,299
597
612
85
31
igSe— JuneSO.-- 32,826
Dec. 3 1 _ _ _ 35,147
6,069
6,493
469
436
1,106
947
2,885
2,916
832
935
21,464
23,419
13,823
14,136
163
164
6
6
196
140
429
347
13,029
13,479
10,933
11,491
1,335
1,254
661
702
100
32
1937— June 30... 33,240
Dec. 31__. 32,364
5,379
5,519
618
455
651
801
3,165
2,668
802
814
22,624
22,106
14,590
14,860
135
143
14
11
132
126
346
588
13,963
13,992
11,815
12,100
1,243
1,214
784
641
121
37
1938—June 30... 32,613
Dec. 31.. . 34,949
6,170
6,595
322
502
560
838
2,870
2,942
704
595
21,986
23,477
14,847
14,829
148
146
10
10
110
'86
550
575
14,029
14,013
12,055
12,196
1,211
1,159
640
630
123
28
1939— June 30. _. 37,243
Dec. 30... 40,839
7,177
8,601
595
753
739
790
3,122
2,886
838
613
24,772
27,197
15,084
15,237
157
160
14
10
80
69
535
527
14,298
14,471
12,355
12,622
1,168
1,129
646
688
130
32
1940—June 29--. 42,911
Dec. 31.-_ 47,716
8,937
9,677
699
703
756
666
3,099
3,298
521
971
28,899
32,401
15,515
15,753
151
154
8
6
74
69
502
523
14,780
15,002
12,755
13,062
1,128
1,104
749
800
148
36
1941— June 30. .. 49,706
Dec. 31 ... 53,561
9,700
9,823
682
673
666
1,763
3,535
3,677-
792
1,077
34,331
36,547
15,911
15,860
156
150
7
7
65
59
475
492
15,207
15,151
13,107
13,261
1,100
1,049
830
803
170
38
Date
1
Total
Total
States
and
political
subdivisions
United States Treasurer's time deposits, open account, were first established in November 1938.
Total
ChristCertifimas
cates Open saving
i™
Savings
of
acand
de- counts similar
posit
accounts
INSURED BANKS
111
NO. 4J-INSURED NONMEMBER COMMERCIAL BANKS-PRINCIPAL ASSETS AND LIABILITIES, JUNE AND DECEMBER, 1934-1941
[Amounts in millions of dollars]
1
Loans and investments
Investments
Date
Total
Loans
Total
U.S.
Govern- Other
ment securiobliga- ties
tions
Gash
in
vault
Bank
Cash premCusBaltomers' Securiises,
Balitems
ances
furni- Other liabilin
with ances
ties
Other
with process ture
real
bor- assets
ity
doand estate1
of
on
rowed
mestic foreign
fixacceptbanks banks collectures
tion
ances
Total
assets
Total
liabilities
Number
of
banks 2
1934— June 30
Dec. 31
4,513
4,635
2,667
2,586
1,846
2,049
592
818
1,254
1,231
150
901
184. 1,044
5
6
37
41
215
211
141
152
1
1
3
2
85
96
6,052
6,373
7,564
7,705
1935— June 29
Dec 31
4,767
4,850
2,587
2,544
2,180
2,307
923
1,007
1,257
1,300
168
205
1,126
1,274
5
4
36
49
211
205
168
184
1
1
1
1
62
43
6,547
6,816
7,767
7,737
1935 — June 30
5,056
Dec. 31 . . 5,272
2,589
2,605
2,467
2,667
1,101
1,204
1,367
1,463
203
220
1,323
1,522
4 •
2
47
62
197
194
197
195
2
2
1
39
32
7,068
7,503
7,661
7,593
1937— June 30
Dec 31
5,484
5,475
2,759
2,792
2,725
2,683
1,276
1,298
1,449
1,385
215
200
1,288
1,330
3
3
48
60
191
187
185
179
4
3
34
32
7,452
7,468
7,526
7,452
1938— June 30
Dec 31
5,284
5,404
2,788
2,817
2,496
2,588
1,182
1,285
1,313
1,304
198
205
1,309
1,424
3
3
46
55
184
178
175
176
2
2
25
23
7,226
7,470
7,385
7,319
1939— June 30
Dec 30
5,430
5,353
2,899
2,904
2,531
2,449
1,261
1,239
1,269
1,210
206
226
1,468
1,813
.1
1
56
54
173
167
158
147
2
2
24
23
7,518
7,786
7,237
7,172
1940—June 29
Dec. 31
5,385
5,435
3,046
3,077
2,339
2,358
1,180
1,241
1,160
1.117
195
244
1,789
2,019
1
50
63
]64
157
136
123
2
1
22
19
7,743
8,062
7,081
6,952
1941— June 30
Dec 31
5,539
5,780
3,187
3,244
2,352
2,536
1,295
1,510
1,058
1,026
243
272
2,007
2,329
60
71
154
149
110
92
1
1
21
21
8,136
8,715
6,869
6,810
Borrowings
Acceptances Other
out- liabilistand- ties
ing
Deposits
Date
1
Capital accounts
Memorandum —
ReDeUndi- serves mand
vided
for deposits
profits 6 contin- adgencies justed
etc. &
Total
ComPremon ferred
stock « stock *
52
78
1,139
1,097
6 67
6 85
272
253
83
79
117
80
1,950
2,216
1
34
37
1,100
1,065
6 82
6 66
246
235
93
90
79
74
2,312
2,564
19
15
2
2
40
35
1,063
1,054
645
628
236
248
108
106
74
72
2,703
3,028
2,990 3,199
2,942 3,292
18
15
3
3
34
32
1,057
1,033
610
6 00
254
258
120
109
74
67
2,942
2,882
27
25
2,769
2,962
3,251
3,280
15
11
2
2
31
31
1,025
1,011
589
413
166
257
264
116
106
63
62
2,723
2,908
45
48
20
18
2,963 3,329
3,207 3,351
11
10
2
2
33
34
1,019
1,003
405
402
160
149
270
276
121
115
63
61
2,907
3,152
U.S.
Gov- Postal Other Other
ern- savings demand time
ment
Total
Interbank
4,821
1934— June 30 -_
Dec. 31. _ _ _ _ _ _ 5,167
80
93
50
51
76
72
1,986
2,257
2,628
2,693
39
30
1
1935—June 29 .
Dec; 31
5,382
5,693
89
99
26
37
66
62
2,349
2,613
2,853
2,881
30
21
1936— June 30
Dec. 31
5,944
6,398
100
107
69
65
44
35
2,750 2,981
3,090 3,101
1937—June 30. .
Dec. 31
6,340
6,385
96
100
23
20
32
31
1938—June 30
Dec. 31
6,152
6,416
88
101
18
48
1939—June 30
Dec. 31
6,454
_. 6,736
97
113
Surplus
1940—June 29
Dec. 31
6,696 1
7,040
105
116
45
50
15
13
3,119 3,412
3,457 3,403
10
8
2
1
35
38
999
976
398
392
137
124
277
284
126
117
62
60
3,068
3,393
1941— June 30
Dec. 31
7,113
7,711
110
129
47
53
10
8
3,551 3,395
4,166 3,355
8
6
1
1
40
40
974
957
389
384
111
103
285
293
130
121
59
57
3,492
4,095
For footnotes see Table 39, p. 108-
112
BANKING AND MONETARY STATISTICS
NO. 44-INSURED NONMEMBER COMMERCIAL BANKS-CLASSIFICATION OF LOANS AND INVESTMENTS,
JUNE AND DECEMBER, 1934-1941
[In millions of dollars]
Open market paper
Date
Total
loans
Commercial
loans1
Acceptances
payable
in U.S.
Agricultural
loans1
Total
AcOwn
ceptaccept- ances
ances of other
banks
27
30
7
4
4
5
43
57
2
2
(267)
(288)
68
60
2
2
422
(333)
348
51
38
1
1
2,899
2,904
445
449
405
365
41
42
1940—June 29
Dec 31
3,046
3,077
464
468
448
416
49
52
1941—June 30
Dec- 31
3,187
3,244
476
480
429
478
CommerTo
cia
paper broker s To
and others2
bought
dealer 9
1
1
(241)
(211)
Bills
payable
abroad
1
1
42
44
Loans for
purchasing
or carrying
securities
60
64
1934—June 30
Dec. 31_
2,667
2,586
1935-June29
Dec. 31
2,587
2.544
1936— June 30
Dec, 31
2,589
2,605
1937—June 30
Dec. 31
2,759
2,792
1938— June 30
Dec 31
2,788
2,817
1939 — june 30
Dec 30
.......
Other
Other
loams*
1
40
38
405
383
1,105
1,062
267
237
S138
£ 25
12
8
1,078
1,065
38
38
25
25
364
336
1,053
1,039
239
236
8 14
803
9
7
1,094
1,093
41
54
26
36
330
318
1,026
1,042
233
229
793
S 13
6
5
1,159
1,146
1
2
64
56
30
21
321
313
1,079
1,094
240
237
839
857
4
4
1,257
1,300
2
1
47
36
24
28
303
76
1,109
1,143
240
241
869
696
206
4
3
1,297
757
1
2
39
40
25
27
92
93
1,162
1,181
247
246
693
713 !
223
222
2
1
728
747
2
1
47
51
17
21
74
75
1,215
1,242
248
244
742
764
225
233
1
1
778
803
59
63
18
20
68
64
1,270
1,284
248
241
787
814
235
229
1
1
866
853
Direct
Total
invest.ments
Tota
Total
Loans
to
banks
On
residentia
property
On
farm
land
19
25
1
U. S. Government obligations
Date
Real estate loans
Bills
Notes
Bonds
Other domestic securities
Obligations
of
States
and
Guaran- political
teed
subdivisions
Bonds, notes, and debentures
Total
Government
agencies, Railnot guar- reads
anteed
by U. S.<
Utilities
Other
Corporate
stocks
Total
For- securities
eign maturing
securiin
ties
5 yra.
or less
1934—June 30
Dee. 31
1,846
2,049
571
597
23
2
176
185
372
411
21
221
429
446
767
733
98
69
180
188
191
194
167
164
131
119
57
52
1935—June 29
Dec. 31
2,180
2,307
599
668
5
3
162
200
431
464
324
339
462
480
746
771
48
50
201
196
211
235
168
183
119
107
49
50
1936— June 30
Dec. 31
2,467
2,667
794
896
4
3
267
229
522
664
307
308
498
530
821
891
52
48
226
241
251
285
196
222
96
95
48
42
1937— June 30
Dec 31
2,725
2,683
980
999
6
7
276
291
697
701
296
299
534
540
870
808
42
37
246
236
267
241
223
207
92
87
45
37
1938—June 30
Dec, 31
2,496
2,588
945
1,057
3
4
272
259
670
793
237
228
536
564
747
709
33
36
224
207
219
207
189
182
82
77
30
31
6
1939— June 30__— .
Dec. 30
2.531
2,449
1,002
969
5
8
206
165
791
796
259
270
587
593
654
587
33
31
198
180
182
156
170
150
73
70
29
30
'683
698
1940—June 29
Dec. 31
2,339
2,358
931
1,007
8
10
156
162
766
835
249
234
595
596
535
493
34
29
169
149
133
125
133
126
65
64
30
29
690
705
1941— June 30
Dec. 31
2,352
2,536
1,054
1,239
8
17
127
152
918
1,070
241
271
568
563
462
434
25
27
139
128
118
110
120
117
60
51
28
28
671
754
For footnotes see Table 40, p. 109.
686
INSURED BANKS
113
NO. 45-INSURED NONMEMBER COMMERCIAL BANKS-CLASSIFICATION OF DEPOSITS, JUNE AND DECEMBER, 1914-1941
[In millions of dollars]
Demand
Interbank
Date
Total
1934— June 30...
Dec. 31...
1935—June 29...
Dec. 31...
1936— June 30...
Dec. 31...
1937—June 30
Dec. 31...
1938—June 30
Dec. 31...
1939—June 30...
Dec. 30.,.
1940—June 29
Dec. 31...
1941 — June 30
Dec. 3U_.
2,113
2,392
2,454
2,740
2,907
3,251
3,098
3,047
2,861
3,096
3,089
3,352
3,251
3,606
3,690
4,330
Domestie
U.S.
Government
Foreign
74
83
79
85
83
91
81
83
74
85
80
93
84
95
90
109
2
1
1
4
4
5
3
3
1
2
2
4
3
3
1
2
50
51
26
37
69
65
23
20
18
48
45
48
45
50
47
53
Time
Interbank
IndiStates Certi- viduals,
and
fied partnerpolitiand
ships, Total
cal officers' and
subdi- checks, corporavisions etc.
tions
Domestic
2,708
2,775
2,928
2,953
3,037
3,147
3,242
3,338
3,291
3,319
3,365
3,385
3,445
3.434
3,423
3,381
4
9
9
10
12
11
11
14
13
15
15
16
17
18
18
18
426
466
496
535
565
587
587
536
557
557
591
564
570
574
595
612
29
25
29
39
43
54
51
47
42
48
48
49
46
58
55
68
1,532
1,766
1,823
2,039
2,142
2,449
2,352
2,359
2,170
2,358
2,324
2,593
2,502
2,824
2,902
3,486
States
and
political
subdivisions
Postal
savings
Foreign
76
72
66
62
44
35
32
31
27
25
20
18
15
13
10
8
51
41
41
44
51
51
54
106
96
113
94
95
92
87
77
74
Individuals, partnerships, and corporations
Total
Savings
2,576
2,653
2,812
2,838
2,930
3,050
3,145
3,186
3,155
3,167
3,235
3,256
3,321
3,315
3,317
3,281
Christ
Certifimas
cates Open savings
of
acand
decounts similar
posit
accounts
1,996
2,110
2,250
2,281
2,368
2,500
2,570
2,639
2,597
2,639
2,693
2,739
2,769
2,796
2,761
2,756
514
482
487
483
492
489
486
473
467
457
458
453
457
449
452
438
46
55
55
64
48
54
60
65
62
64
52
57
59
62
68
79
20
6
20
9
23
7
29
8
30
7
31
7
34
8
37
8
NO. 46-INSURED MUTUAL SAVINGS BANKS-PRINCIPAL ASSETS AND LIABILITIES, JUNE AND DECEMBER, 1934-19411
[Amounts in millions of dollars]
Loans and investments
Loans
Date
Total
Total
1934—-June 30.__.
Dec. 31....
1935—June 29..,.
Dec. 31_...
1936—June 30___.
Dec. 31___.
1937—June 30_...
Dec. 31....
1938—June 30—.
Dec. 31—
1939—June 30....
Dec. 30..,.
1940—June 29,..,
Dec. 31
1941—June 30—,
Dec. 31....
1,022
1,031
1,033
952
956
967
949
972
1,197
1,329
1,317
1,655
1,655
1.693
576
554
539
488
476
469
470
472
465
461
576
605
598
637
641
642
Real
estate
Investments
U.S.
Other
Total
Government
obligations
120
160
182
179
210
237
252
251
254
280
377
422
420
548
569
629
446
476
494
463
480
498
499
496
484
511
621
724
719
1,018
1,015
1,050
559
545
531
481
468
459
453
451
447
443
552
572
568
601
604
609
Other
securities
325
316
312
284
270
262
247
246
230
232
244
303
299
470
446
421
Cash,
balances
with
other
banks,
and
cash
items in
process
of collection
Total
Bank
premises,
furniture
and
fixtures
Other
real
estate
Other
assets
Number
of
banks
Total
liabilities
72
60
69
68
70
70
70
72
87
71
95
133
167
202
201
151
1,181
1,174
1,195
1,108
1,122
1,132
1,139
1,141
1,137
1,137
1,393
1,566
1,585
1,984
1,979
1,958
68
63
56
56
56
56
56
56
48
49
51
51
53
53
52
Capital accounts
Date
Total
deposits
Miscellaneous
liabilities
Total
1834—June 30..
Dec. 31.,
1035—June 29..
Dec. 31..
1936—June 30..
Deo. 31..
1937—June 30..
,002
,004
Dec. 31..
1938—June 30..
,008
Deo. 31..
,012
1939—June 30..
,246
Dec. 30..
,409
1940—June 29..
,428
Dec. 31..
,818
1941—June 30..
,803
Dec. 31..
,789
1
The figures for 1941 include three mutual savings member banks.
before 1941.
Capital notes
and
debentures
Surplus and
guaranty
funds
Undivided
profits
Reserves
for
contingencies
19
130
106
5
81
125
12
133
80
IS
72
126
73
15
130
73
18
132
74
18
133
74
20
133
75
15
125
14
122
77
144
95
16
107
153
Ifi
101
22
151
127
161
128
166
164
130
No mutual savings banks were members of the Federal Reserve System
BANKING AND MONETARY STATISTICS
114
N0.47-ALL INSURED COMMERCIAL BANKS-PRINCIPAL ASSETS
AND LIABILITIES, BY STATES, DECEMBER 31,1941
[Amounts in thousands of dollars]
U.S.
and
possessions
Item
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District
Florof
Columbia ida
ASSETS
Loans and investments
.,
49,293,550 292,801
_- ~
77,694 153,570 4,175,298 231,497 495,746 188,404 303,143 348,145
77,743 2,162,950 126,206 311,374
557,171 37,039 60,417
18,308
1,282
79,211 46,814
16,652
4,306 16,489
5,026
3,631
Loans
,
21,261,521 158,456
Commercial and industrial loans
8 544 001 53 232
1,449,941 19,346
Agricultural loans
541,112
3,053
Commercial paper bought in open market .....
Bills, acceptances, etc., payable in foreign countries
6 991
1 095
45 045
77
77 990
Reporting banks' own acceptances
398
614 333
1,059
Loans to brokers and dealers in securities
661,789
1,715
Other loans for purchasing or carrying securities
5,212
535 300
Heal estate loan;?: On farm land
3,208,379 13,856
On residential properties
1,031,228
On other properties
8,513
39 793
Loans to banks
All other loans
4 493 849 50 686
214
11,770
Overdrafts _.
__„______
12,284
65
2
23,085
81
United States Government direct obligations 16,944,963
Treasury bills
988 333
3,158,664
Treasury notes
,„
,....
12 797 965
Bonds
60,700
11,637
6,857
42 206
13,947
499
2,238
11,210
30,708 1,273,773
80.928
700
72,173
6,035
23,973 1,120,672
Obligations guaranteed by United States
Government
.
.
,..__
Reconstruction Finance Corporation. _ _ _ _ _ _ _
Home Owners' Loan Corporation., _ _ _ _ _ _ . . . , _
Federal Farm Mortgage Corporation^^.,
.
Other Government corporations and agencies...
4,102 150
1,402,351
1,533,562
559,803
606,534
12,001
2,728
4,576
2,063
2,634
6,901
1,356
3,005
965
1,575
11,538
2,639
5,358
553
2,988
Obligations of States and political subdivisions
3 651 627
50 440
4,614
Obligations of Government corporations and
agencies, not guaranteed by United States..
Federal Land Banks
„ _
Federal Intermediate Credit banks
Other Government corporations and agencies _ _
584,247
185 737
200 077
198,433
848
603
Obligations of other domestic corporations..
Railroads
Public utilities.., ....___..„
...
Industrials
„ .
All other.. _.,
.______.....
....
2,140,126
826 627
531,049
619 451
162.999
8,447
3,171
995
2,418
1,863
164,606
Foreign bonds, notes, and debentures
Corporate stocks
_ _
Federal Reserve Banks.....
Other domestic banks
Other domestic corporations
Foreign corporations
„____._„
-. -
„
444 311
142,094
105 770
27 116
167 959
1 372
1
14
66
9
669
781
669
10,952
1,119
1,128
3,599
7,098
3,423
2,580
1 684
14,381
10,973
42,115
86,910
801,766
213,649
162
345,515
1,807
663
2,916
2,272
10,381
3,760
114
17,903
38
325
11,945
1,365
60,276
12,440
59
46,748
28
74,206 144,623 153,646
23,918 41,141 70, 682
1,148
5,091
10
3,424
769
3,188
3,585
3,919
3,468
11,156
5,911
40
17,622
15
833
2,380
55
39,727
17,001
42,677
30
400
2,339
2,318
3,119
15,823
11,651
188
38,823
24
58,660 184,932
3,035 23,597
10,857 38,736
44,768 122,599
63,477 110,812 102,668
999
1,324
7,906
17,192 13,412 23,565
37,289 96,401 77,779
200,305
29,156
114,816
33,105
23,228
15,833
6,658
3,418
2,060
3,697
28,987
7,865
11,365
1,961
7,766
17,067 25,540
5,264 1 5,203
6,058 15,100
1,964
553
3,273
5,192
36,558
10,900
16,755
5,458
3,445
29,304
407,249
16,881
38,658
12,820
3,107
43,674
2,026
369
1,326
331
751
422
30,351
12,165
11,177
7,009
1,638
882
171
78
8,161
2,539
4,543
2,301
146
4,645
1,514
2,231
900
93
5,622
1,471
512
380
2,712
938
75,620 10,215
5,067
31,405
21,355" 2,275
2,082
16,318
6,542
791
19,591
8,955
5,850
3,204
1,582
16,873
8,586
3,386
4,099
801
298
85
236
9,661
1,611
976
36
34
565
173
578
15,389
9,351
2 563
356
3,076
43
245
Cash, balances with otber banks, and cash
items in process of collection . __ „
25,792,669 230,562
12 395 664 52,392
Reserves with Federal Reserve Banks
Cash in vault
1 358 735 14 525
Demand balances with banks in the United
States (except private banks and American
8,426,797 143,875
branches of foreign banks)
- „
146,847
3,007
Other balances with banks in the United States1
11 463
3,453,163 16,762
Cash items in process of collection ...
.
49,436
10,045
12,683
815
38
41
53
147
12
14
1
328
843
574
357
397
26
38
117
610
1,260
804
730
74
3,180
5,379
1,373
3,015
§89
2
40,253 158,313 1,412,533 217,290 295,909
711,377 66,695 74,007
10,293 29,400
8,174 24,576
71,742
7 325
4,428
20,366 113,227
1,029
849
103
7,332
4,214
373,007 116,148 165,086
941
4,236
8,927
8
52
1 688
245,792 22,029 31,247
659 ;
4,132
757
1 I
1,289
2,083 i
2
771
5,563
9,330
3,254
2,817
3,384 • 1,106
1,115
2,079
524
613
615
217
1,955
1,112
1,275
261
40
541
1
905
170
23
176
1
93,085 223,740 247,302
19,680 119,879 56,550
4,354 14,355 19,363
54,703
1,138
12,210
66,912 145,950
4,589
193
43
49
22,358 20,801
115
INSURED BANKS
N0.47-ALL INSURED COMMERCIAL BANKS-PRINCIPAL ASSETS
AND LIABILITIES, BY STATES, DECEMBER 31,1941-Confinued
[Amounts in thousands of dollars]
Diatrict
of
FlorColumbia ida
U.S.
and
possessions
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
1,430,559
970,344
90,419
22,841
98,375
140,314
Item
14 014
7,723
761
784
491
2 671
2 222
1,450
243
63
82
364
3,533
2,395
591
240
75
176
134,098
70,611
14,495
4,889
5,864
10,629
3,785
3,197
368
65
17
138
22,830
18,508
854
16
1,534
1,720
4,649
2,370
506
128
485
482
20,006
14,257
1,266
25
215
2,110
198
678
2,133
1,272
1,132
1-.W1
608
172
328
43
65
1,154
1,835
ASSETS (continued)
Bank premises, furniture and fixtures, and
other real estate
Bank premises
Furniture and
fixtures
_
Farmland (including improvements)
Residential properties
Other real properties
Investments and other assets indirectly representing bank premises or other real estate
108,266
1,584
20
309,976
73,089
117,200
11,469
108,218
Miscellaneous assets
Customers' liability on acceptances
Income accrued but not collected
Prepaid expenses
Other assets
2 998
881
603
99
1 415
378
477
256
16
106
143
5
329
56'
27,610
20,010
4,690
10,094
461
4,765
448
20
664
68
647
58
288
4
521
80
549
13,076
7,842
2,289
225
363
1,085
4
874
117
840
76,826,754 540 375 120,547 315,893 5,741,939 453,704 815,546 285,746 548,043 610,358
Total assets
LIABILITIES
Demand deposits (exclusive of interbank deposits)
,__-____-_
43,064,655 304,229
Individuals, partnerships, and corporations
36,547,288 242,118
United States Government 1 .. ..
1,762,509 13,935
States and political subdivisions
_. _ _ . _ „ . 3,677,444 45,179
Certified and officers' checks, cash letters of
credit and travelers' checks, etc
1,077,414
2 997
Time deposits (exclusive of interbank deposits)
Individuals, partnerships, and corporations:
Savings deposits
Certificates of deposit
Christmas savings and similar accounts- - .
Open accounts
Postal savings l
.
States and political subdivisions
79, 764 196, 640 2,484,056 260,727 506,434 197,893 325,087 375,962
61,545 160,421 2,078,088 234,335 452,369 184,584 315,928 294,800
5,712
939
2,068 13,201
122,137
2,222
3,089
293
56 62,077
4,943
210,845 19,152 35,778
15,418 30,819
2 508
2,311
72,986
5,018
12,575
7,427
7,035
5,884
15 702,142 113 839
30 417
48 785 2,415,518
91,491 192,283
41,323 125,176
94,191
13,261,402 101,443
1,049,128
9 662
38,007
86
802,667
671
58,741
1,075
902
492,197.
29,015
1 208
11
38,002 2,090,382
9,478
51,691
5,887
73
63,333
325
600
7,055
307
197,170
85,869 181,597
4,084
2,835
847
209
4,533
861
81
671
387
1,800
37,113 115,416
1,470
1,197
519
65
7,659
713
112
111
2,124
82,367
1,818
104
2,466
446
6,990
68,983
68 699
284
2,192
2 016
42,992
42,992
61,842
61,794
48
45,291
45,032
259
89,809
89,530
279
58
125
36,559,
36,559
4,063
4,063
Interbank deposits
Banks in the United States
Banks in foreign countries
10,653,776
9,973,303
680,473
Total deposits
DemandTime
69,420,573 487 051 112 373 388,417 5,248,396 414,060 735,276 243,279 495,554 559,963
53,560,860 371,090 81,915 239 c88 2,808,087 319,499 542,901 201,536 369,818 464,615
15,859,713 115 961 30 458 49,029 2,440,309 94,561 192,375 41,743 125,736 95,347
Miscellaneous liabilities
Bills payable, rediscounts, and other liabilities
for borrowed money
Acceptances outstanding
Dividends declared but not yet payable
Income collected but not earned.. _ _ _ _ _ . _ . _ _ _
Expenses accrued and unpaid
Other liabilities., - __ - - - - - _ _ _ . __
Total liabilities
563,784
2 307
10,107
87,021
40,567
94,062
108,835
223,192
47
885
243
552
480
100
69,984,357
176
348,822
330,948
17,874
4
649
255
26
515
177
199
113
26
40,299
5,822
1,237
14,960
10,237
8,043
1,545
3,293
1,397
2,294
1,848
352
934
10
68
391
799
40
172
306
218
338
323
4
298
571
926
495
14
4
268
656
580
328
68
228
878
19
1,879
146
489,358 113,307 288,932 5,288,695 415,605 738,569 244,676 497,848 561,810
CAPITAL ACCOUNTS
Capital accounts..
Capital _.
Surplus ..
Undivided profits.-.Reserves for contingencies
Other capital accounts
.
Number of banks
For footnote see end of table, p. 123.
_
6,842,397
2,848,686
2,686,250
895,882
350,162
61,417
51,017
26,428
14 550
7,134
2,233
672
7,240
3,497
2 859
764
111
9
26,961
12,816
8,186
4,602
911
446
453,244
195,398
154,597
61,592
32,597
9,060
38,099
14,689
12,334
7,841
2,875
360
76,977
36,251
26,375
10,093
3,198
1,060
41,070
11,536
21,521
6,899
1,106
8
50,195
19,224
19,451
9,394
1,977
149
48,548
22,390
18,645
4,731
2,639
143
13,430
211
12
208
193
137
100
41
22
165
BANKING AND MONETARY STATISTICS
116
N0.47-ALL INSURED COMMERCIAL BANKS-PRINCIPAL ASSETS
AND LIABILITIES, BY STATES, DECEMBER 31,1941-Continued
[Amounts in thousands of dollars]
Item
Georgia
ASSETS
Loana and investments
.
152,564
304,273
Loans
.
„„_
.
119,183
Commercial and industrial loans
24,612
Agricultural loans
.-. 664
Commercial paper bought in open marketSills acceptances etc payable inforeign countries
Acceptances of other banks payable in the United
States
2,222
Loans to brokers and dealers in securities
Other loans for purchasing or carrying securities __ 9,605
7,193
Real estate loans* On farm land
26,033
. On residential properties
On other properties
„_ __ 9,815
816
Loans to banks
--103,902
All other loans
228
Overdrafts
United States Government direct obligations.. 70,559
14,923
Treasury bills
._ ..,
_ ..._.
8,012
Treasury notes
.-.
Bonds
47,617
Obligations guaranteed by United States Gov28,073
ernment
--_
9,556
Reconstruction Finance Corporation
Homo Owners' Loan Corporation
8,366
4,602
Federal Farm Mortgage Corporation
Other Government corporations and agencies..™ 5,549
Obligations of States and political subdivisions. 32,846
Obligations of Government corporations and
agencies* not guaranteed by United States „ 3,961
500
Federal Land banks
_ _ _ _ _ _ _ _ _.„_
Federal Intermediate Credit banks.. ._ .... .... 1,161
2,300
Other Government corporations and agencies
Obligations of other domestic corporations. _ _ _ _ 9,524
4,220
Railroads
__.
1 528
Public utilities
2,196
Industrials _ _ .
All other
1 580
Foreign bonds, notes, and debentures
Corporate stocks _
._
Federal Reserve Banks
Affiliates of reporting banks
Other domestic banks
Other domestic corporations
Foreign corporations
-
Cash, balances with other banks, and cash
items in process of collection
Reserves with Federal Reserve Banks.. _
Cash in vault
Demand balances with banks in the United States
(except private banks and American branches of
foreign banks)
Other balances with banks in the United States..
Balances with banks in foreign countries
Cash items in process of collection
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
86,686 3,953,187
795,788 565,480 329,063 426,666 410,363 172,607 587,417
44,437 1,484,839
8,407
842,183
15,950
82,131
1,154
51 , 755
1 652
359,056 358,461 200,733 253,773 197,838
86,908 66,572 38,137 73,508 89,976
33,175 118,713 90,599 16,298 10,123
1,011
6,323 16,772
23,909 12,903
1
2
596
42
94
13
493
1,235
7,850
2,664
2,710
48,580
66,709
24,565
128,396
26,878
182
722
6
972
679
599
S3, 119 311,599
25,837 63,855
1,982 I 5,967
7,542
6,665
615
206,260
2,311
413
3,825
22,861
95,467
20,156
20
72,277
44
39
685
2,095
46,814
42,691
10,707
46
57.07S
118
1,702
10,013
10,947
2,890
238
38,862
117
37,163 1,644,039
263,614
206,124
1,579
25,584 1 174 301
261,238
2,893
50,269
208,076
92,345
372
12,158
79,815
62,524 100,865 107,377
3,640
7,098
1,199
7,566 32,026
8,228
47,198 89,659 74,152
47,623 269,574
2,220
5,901
5,337 73,921
40,066 189,752
6,556
73
a, 514
24,245
31,230
Iff, 320
355
73,456
96
1,436
2,185
6,616
14,870
10,343
1,233
57,913
258
252
1,393
1,802
14,558
7,851
132
21,142
5
993
9,274
9,959
41,319
11,714
2
60,869
105
7,932
775
4,576
2,261
320
226,192
112,137
42,927
18,077
53,051
63,331
15,573
16,366
13,478
16,804
31,844
6,906
11,532
7,320
6,086
27,674
10,218
6,179
4,960
6,317
23,103
4,181
12,389
4,836
1,096
28,898
8,738
13,145
1,692
5,323
14,611
2,055
8,447
2,010
2,099
56,626
7,007
40,051
4,288
5,280
5,740
314,798
56,315
60,838
33,180
23,913
68,086
3,783
13,715
269
199
63,767
21,546
19,188
22,033
7,394
5,206
374
1,714
5,565
3,875
521
1,169
3,295
1,055
828
412
5,638
3,205
1,822
611
1,036
31
533
364
625
138
5,875
4,130
1,430
315
180,817
59,100
46,806
63,990
10,921
43,179
13,573
13,822
10,535
4,249
14,544
4,780
3,553
4,449
1,762
1,536
492
18,645
5,058
6,113
6,060
1,405
3,826
1,054
712
889
1,171
19,425
5,569
0,194
3,276
1,386
35,928
10,477
7,502
6,341
1,548
70
857
424
289
76
68
441
500
103
380
20
233
70
12,843
3,654
920
309
650
573
3,063
1,381
3,102
1 171
28
161
1,741
1
218
213
26,893
9,322
403
10
17,157
3,831
1 , 662
1,886
963
903
812
807
5
3,730
925
807
122
876
3,463
550
85
129
1,643
56
3,719
1,173
1
59
2,083
1,110
409
82
481
5
22
261
20
689
1,826
11
284,365
75,396
16,247
45,020 3 332,120
12,812 1,214,979
3,460
90,710
466,876 323,373 186,745 269,245 388,720
121,956 60,686 47,767 69,125 86,738
8,192 15,680 16,558
37,710 19,758
67,039 296,033
20,900 121,672
7,33S 22,203
141,458
2,190
11
49,063
21,726
3,276
752,525
5,469
286
268,131
262,797 222,600 122,417 159,306 147,507
754
669
1,048
271
12,135
10
47
144
37,153
7,653 24,086
32,134 19,058
33,169 120,290
51
1,566
60
34
30,177
5,511
3,746
INSURED BANKS
117
NO. 47-ALL INSURED COMMERCIAL BANKS-PRINCIPAL ASSETS
AND LIABILITIES, BY STATES, DECEMBER 31,1941-Continued
[Amounts in thousands of dollars]
Item
Georgia
Idaho
Illinois
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
23,059
16,763
1,900
959
1,338
1,579
11,677
7,014
1,426
610
41
211
7,811
6,536
672
226
69
84
11,378
7,588
1,109
263
684
1,608
18,169
12,066
938
644
300
781
4,894
2,277
270
162
688
765
13,831
10,956
782
300
948
629
Indiana
ASSETS (continued)
Bank premises, furniture and fixtures, and
16,954
other real estate
12,366
Bank premises
. .
-_
Furniture and fixtures... . _ _ _ _ ._. _ = _ _ _ . _ ... 1,192
712
Farm land (including improvements)
___.,.__
1,315
Residential properties
...,- _ - - .
1
1,352
Other real properties
Investments and other assets indirectly represent17
ing bank premises or other real estate
Miscellaneous assets
Customers' liability on acceptances
Income accrued but not collected
Prepaid expenses
Other assets
1,824
134
667
152
871
1,798
1,370
405
16
3
48,924
39,680
3,043
905
1,596
1,516
4
2,184
520
2,375
224
126
3,440
732
216
321
18,814
1,780
10,136
341
6,557
2,154
776
457
511
10
255
219
23
215
4,954
920
1,004
106
2,924
518
1,104
128
922
1,004
8
600
59
337
4,856
198
1,753
111
2,794
2
19
300
151
34
333
755,707 133,825 6,353,045 1,287,877 900,306 524,075 708,293 722,206 245,048 902,136
Total assets
LIABILITIES
Demand deposits (exclusive of interbank de405,429
posits)
321,684
Individuals, partnerships, and corporations...
31,837
United States Government1
States and political subdivisions
43,585
Certified and officers' checks, cash letters of credit
8,323
and travelers' checks, etc.
Time deposits (exclusive of interbank deposits) 131,323
Individuals, partnerships, and corporations:
Savings deposits
Certificates of deposit
Christmas savings and similar accounts.Open accounts _ _
Postal savings1
States and political subdivisions
109,313
16,843
420
2,228
1,872
647
87,007 3,642,581
66,480 3,132,414
141,691
819
313,344
18,581
1,127
55,132
726,523 493,170 356,348 393,141 402,083
576,488 394,955 250,434 340,159 318,749
3,337 12,789 11,888 14,098
22,585
114,704 86,712 89,082 36,232 64,545
12,746
8,166
4,043
4,862
4,691
97,890 492,735
81,660 396,492
938 47,064
12,482 44,548
2,810
4,631
32,133 1,110,879
346,029 239,646
70,009 134,143 117,887 106,933 213,239
970,790
82,224
1,523
30,820
929
24,593
274,950 154,403
66,044 81,283
177
992
3,477
1,691
273
2,280
33
72
40,800
26,449
142
1,491
1,002
125
28,241
3,637
1
11
243
3,466 1,125,172
3,466 1,116,903
8 269
100,115
100,060
55
91,556
91,556
96,816
32,712
337
2,825
440
1,013
97,863 103,355 198,678
1,451
4,141
13,643
232
747
284
366
831
6,766
1,061
547
2,495
930
2,823
1,846
47,688 107,105 143,387
47,688 107,105 142,157
1,230
9,064 124,374
9,042 124,183
22
191
Interbank deposits
'Banks in the United States
Banks in foreign countries
143, 600
143,586
14
Total 'deposits
Demand
Time
680 352 122,606 5,878,632 1,172,667 824,372 474,045 634,389 663,357 213,887 830,348
815,826 584,615 403,454 499,692 545,145 106,929 613,481
545,692 90,323 4,767,511
356,841 239,757 70,591 134,697 118,212 106,958 216,867
134,660 32,283 1,111,121
7,614
Bills payable, rediscounts, and other liabilities for
110
borrowed money
134
Acceptances outstanding
886
Dividends declared but not yet payable
Income collected but not earned. ___
.. . 3,642
Expenses accrued and unpaid
1,031
Other liabilities
1,811
Miscellaneous liabilities
412
47
105
209
51
25,665
2,165
1,502
4,461
12,375
5,162
3,380
1,120
1,204
2,408
3,991
782
2,912
2
19
1
132
706
243
19
153
197
8
371
889
827
116
1,346
462
676
753
754
192
123
188
279
198
635
542
538
999
505
1,120
1,331
422
155
448
365
83
687,966 123,018 5,904,297 1,176,047 825,492 475,249 636,797 667,348 214,669 833,260
Total liabilities
CAPITAL ACCOUNTS
Capital accounts
Capital
Surplus
Undivided profits
Reserves for contingencies
Other capital accounts. _. _ - _ _ _
Number of banks
For footnote see end of table, p. 123.
-.
67, 741
32,519
21,351
9,182
4,126
/ifi3
10,807
5,105
3,443
1,331
708
220
448, 748
176,950
167,481
54,353
48,009
1,955
111,830
54,756
32,052
16,570
5,954
2.4P8
74,814
34,851
23,460
11,533
4,022
P48
48,826
24,510
15,402
7,603
951
3fiO
71,496
33,648
27,177
7,550
2,324
797
54,858
24,078
18,890
7,685
2,281
1,924
30,379
15,347
8,838
4,588
1,087
519
68,876
31,263
22,548
10,107
4,122
836
272
49
816
473
589
455
372
145
57
172
118
BANKING AND MONETARY STATISTICS
N0.47-ALL INSURED COMMERCIAL BANKS-PRINCIPAL ASSETS
AND LIABILITIES, BY STATES, DECEMBER 31, Wt-Continued
[Amounts in thousands of dollars]
Massachusetts
Item
Michigan
Nevada
New
Hampshire
826, 679 164,793 1,292,103 123,134 279,116
37 102
81 304 1 €38 344
451 784
139,011
83,487
7,337
18 058
2 907
2 076
42 446
13 360
914
5,726
fiid £na
137 999
5 527
21,253
272
4 337
14 881
4 889
224,902
52 523
54
1 242
665
8,452
2 463
56
9 294
2
Minnesota
Mississippi
Missouri
Montana
Nebraska
New
Jersey
ASSETS
Loans and investments _ .
_ .
1,694,833 1 436,580,
Loans
925 469
Commercial and industrial loans
440 781
Agrieulturalloans
1,810
Commercial paper bought in open market ..
96,281
Bills, acceptances, etc., payable in foreign
countries
_.,. _____
661
Acceptances of other banks payable in the
United States... _,„.-.
._
791
Reporting banks' own acceptances
14,056
Loans to brokers and dealers in securities
25,630
Other loans for purchasing or carrying
securities , .
.__._
.
15,377
Real estate loans: On farm land
1,197
On residential properties
95,341
On other properties
45,932
Loans to banks...
580
All other loans.186 934
Overdrafts
98
543 021
151,916
20,778
8,743
84 018
15 929
15,336
402
651 797
258 322
85,388
25,657
61 248 172 494
8 393 37,965
30,917 84,587
4,889
3,102
60
151
4
121
3,752
1,470
574
11,866
16,772
147,816
39,878
81
141 ISO
148
7,708
20,407
46,068
7,973
117
138,004
198
2,151
7,489
8,196
4 357
544 S14
36,836
45 731
461,747
493,325
15,006
104 738
373,581
233,159
10,156
22,504
200,499
17 990
72 563
34,339
13,766
8,460
175,408
39,793
67,985
51,469
46,627
13,633
15,356
9,292
3 457
15,998
16,161
Obligations of States and political subdivisions
48 049
Obligations of Government corporations
and agencies* not guaranteed by United
States
. .
Federal Land bamks _ _ _ _ _ _ . _
Federal Intermediate Credit banks.. „Other Government corporations and agencies
5
5
5,670
g
7
442
489
68
14,700
21,241
73,749
33,802
149
132,792
166
1,466
865
4,575
1,164
8,936
35
2,526
7,396
4,435
2,883
92
28,971
88
360,754
26,220
65 706
268,828
40,857
6,786
4 661
29,410
61,020
285
9,877
50, 858
11 761
19 789
489
11,272
2 072 1
17,717
108 923
29,646
29,623
21,785
7,647
2,394
2,338
1,689
14,993
3,806
4,957
4,655
3 096
1,019
1,201
4 627
1,290
1,707
8,346
524
27,869
1,226
1,575
60
837
20 653
118 227
61,041
57 232
85 379
8 173
19,386
3,504
3 700
124 314
14 927
3 684
7,691
3,552
45 294
3,688
23,662
17,944
5,483
1,739
1,395
2,349
130
54
19 918
9 232
2,453
8,233
1 035
3,804
2,863
• 700
241
20
211
186
20
25
16 722
2 908
2,554
11,265
Obligations of other domestic corporations
Railroads.. ,_
_
Public utilities
Industrials...
..... .
All other
64 931
26,914
23 499
11,548
2 970
53 089
22,325
11 580
15,700
3 484
24,174
12,205
2 954
5,619
3,396
1 247
39 Oil
17,125
7 558
8,759
5 569
3 130
1,331
620
620
559
6,206
2,188
1,092
2,549
377
591
383
719
190
555
8,134
3,257
2,899
1,573
Foreign bonds, notes, and debentures .....
6,252
4,477
2,205
91
1,608
692
537
5
1,572
5,132
18,328
6 263
1 601
4 070
6 355
39
3,739
3 223
'337
25
154
2,206
1,978
65
14
149
628
24,713
2 850
20 486
369
1.008
352
776
67
825
344
2
167
312
29,464
4 ,469
1 053
2,090
12,791
61
898,954
413,531
153 273
755,852
300,860
55 955
379,790 125,416
122,482 11,728
17 611 11 277
793,067
287,764
27 123
74,685 144.751
23,259 50,696
4,520
5,640
18,852
4,972
1,693
34,261
12,622
3,709
222,460
60,149
201 146
300 145
187,673
97 959
363 795
39,767
68,265
7,901
14,130
303,892
1,585
289
129,130
2,786
302
95,804
3,423
178
48,423
759
2,294
250
111,841
2,225
69
4,845
7
2,395
20,143
1,891
21
4
3,775
6,828
14
58,049
United States Government direct obligations
__
..
Treasury bills. _.
„
_ __
Treasury notes
Bonds _
„ ...
Obligations guaranteed by United States
Government
Reconstruction Finance Corporation
Home Owners' Loan Corporation. . _ _ _ . .
Federal Farm Mortgage Corporation .
Other Government corporations and
agencies.
„
_„__
_. .
Corporate stocks
„
Federal Reserve Banks
Affiliates of reporting banks
Other domestic banks
Other domestic corporations
Foreign corporations
Cash, balances with other banktg, and
ca*n items in process of collection
Reserves with Federal Reserve Banks
.
Cash in vault
Demand balances with banks in the United
States (except private banks and American branches of foreign banks)
Other balances with "banks in the United
States _ „ „
Balances with banks in foreign countries
Cash items in process of collection.. „
75
29 186
323
186
2 202
15,602
713
76.
274
82
7
264
1
3,693
764
205
66
319
33
749
16
1
10
264
313
6,196
2 256
3 932
54
1,484
1,498
231
§8
128
144
67
793
405
177 688
t'>
571
11
75
484
4M
437
132
831
144
44
66
13
815
575
120
467
110 839
47,317
32 751
26,724
4 047
651, sn
119
INSURED BANKS
N0.47-ALL INSURED COMMERCIAL BANKS-PRINCIPAL ASSETS
AND LIABILITIES, BY STATES, DECEMBER 31,1941-Conlinued
[Amounts in thousands of dollars]
Minnesota
Nevada
New
Hampshire
843
681
143
7
2
7
2,455
1,813
281
7
93
110
1
3
151
1,067
249
78
176
20
53
4
6
68
Mississippi
Missouri
Montana
Nebraska
5,790
3,871
622
602
216
454
22,566
13,941
2,382
299
193
4,408
2,943
2,620
180
100
15
15
6,337
5,579
520
199
22
16
Massachusetts
Michigan
52,100
39,049
3,195
45
2,519
4,846
25,381
20,176
2,253
140
371
918
17,223
10,177
1,137
466
98
58
2,446
1,523
5,287
25
1,343
13
18,600
8,431
3,904
- 264
6,001
Item
5,531
3
3,478
814
1,236
4,604
117
2,175
11
2,301
626
4,735
641
1,994
117
1,983
606
347
631
27
409
New
Jersey
ASSETS (continued)
Bank premises, furniture and fixtures, and
other real estate
Bank premises
-Furniture and fixtures
Farm land (including improvements)
Residential properties
Other real properties
Investments and other assets indirectly
representing bank premises or other real
estate
IMiscellaneous assets
Customers' liability on acceptances
Income accrued but not collected
Prepaid expenses
Other assets
98
19
509
259
2,664,487 2,223,344 1,228,296 296,625 2,112,471 201,368 431,271
Total assets
88,201
51,845
4,458
529
13,097
14,323
'
3,949
8.448
572
5,379
596
1.901
57,046 118,098 2,386.385
LIABILITIES
Demand deposits (exclusive of interbank
1,601,549 1,156,041
deposits)
Individual's, partnerships, and corporations- 1,434,015
961,883
25,294
United States Government1. _
23,041
States and political subdivisions
106,726
146,193
Certified and officers' checks, cash letters of
credit and travelers' checks, etc.
22,671
37,767
Time deposits (exclusive of interbank
deposits)
378,435
Individuals, partnerships, and corporations:
363,497
Savings deposits . 6,157
Certificates of deposit
1,821
Christmas savings and similar accounts. .
5,798
Open accounts
379
Postal savings l
773
States and political subdivisions
.
Interbank deposits
Banks in the United States. _ . _ _
Banks in foreign countries
Total deposits
Demand
Time
370,901
349,652
21,249
__
..,
Bills payable, rediscounts, and other liabilities for borrowed money
Acceptances outstanding
Dividends declared but not yet payable
Income collected but not earned.
Expenses accrued and unpaid
Other liabilities
Total liabilities
33,059
26,306
212
5,910
3,153
631
2,446
13,271
1,537
15,163
2,506
24,314
740
9,559
2,960
4,365
3,704
3,186
332 963
74,547
314,640
41,319
60,515
17,989
31,247
926.551
725,623
16,204
957
3,781
2,784
7,206
230,282
86,639
257
6,626
2,097
7,062
54,630
18,444
116
315
1..036
6
248,204
56,532
451
5,735
2,529
1,189
31,781
7,156
17
852
402
1,111
33,025
26,031
117
917
365
60
17,061
705
13
69
101
40
29,513
667
194
248
418
207
890,880
5,113
4,478
13,421
2,000
10,659
144,023
142,739
1,284
193,923
192,634
1,289
19,711
19,711
550,120
549,694
426
14,694
14,694
74,406
74,406
1,156
1,156
5,789
5,789
43,410
43,183
227
9,297
2
916
5,015
2,427
937
9,612
117
127
4,171
2,565
2,632
668
25
177
111
297
58
6,972
665
886
2,116
1,700
1,605
382
1,444
52,204 101,331 2,152,315
34,110 69,726 1,224,537
927,778
18,094 31,605
1,030
22
168
185
7
114
294
360
87
310
20
589
2,375,189 2,065,916 1,119,949 269,104 1,959,916 184,660 389,824
.
27,028
756,555
2,350 875 2,056,619 1,110,337 268,436 1,952,944 184,278 388,380
773,948 193,639 1,637,556 142,797 327,799
1,972,239 1,297,896
315,388 41,481 60,581
758,723
336,389 74,797
378,636
Miscellaneous liabilities
64,295 1,182,354
936,607
52,883
1,207
44,709
7,759
174,010
583,451 174,178 1,088,184 128,265 253,459
478,092 138,006
940,734 106,529 213,821
3,818
1,841
283
1,840
22,776
90,248 32,794
109,511 18,947 32,667
125
109
796
92
30
105
63
9.526
572
477
5,417
1,784
1,276
53,234 101,641 2,161.841
CAPITAL ACCOUNTS
Capital accounts
Capital
Surplus
Undivided profits
Reserves for contingencies
Other capital accounts
...
Number of banks
For footnote see end of table, p. 123.
....
289,298
105,851
116,441
43,868
22,208
930
157,428
79,622
46,036
19,306
10,038
2,426
108,317
49,600
36,198
16,804
5,086
659
27,521
14,951
10,103
1,124
366
977
152,555
78,753
40,050
29,143
3,543
1,066
16,708
8,377
4,864
2,787
613
67
41,447
21,057
12,435
4,820
2,904
231
3,812
1,185
1,244
1,326
57
16,457
6,886
5,679
3,129
610
153
224,544
121,253
61,932
25,526
10,090
5,743
190
421
643
201
576
112
361
11
56
349
BANKING AND MONETARY STATISTICS
120
NO. 47-ALL INSURED COMMERCIAL BANKS-PRINCIPAL ASSETS
AND LIABILITIES, BY STATES, DECEMBER 31,1941-Continued
[Amounts in thousands of dollars]
New
Mexico
Item
North
North
Carolina Dakota
New
York
Ohio
Oklahoma
Oregon
Penn- i Rhode South
sylvania
Island Caroliua
ASSETS
Loans a nd investments .
--
... 49,442 15,237,863 437, 100
Loans
*
_,_._
.
. 27,743
7 957
Commercial and industrial loans
Agricultural loans
_
- -. _
8,075
Commercial paper bought in the open market.
453
Bills, acceptances, etc., payable in foreign
countries
Acceptances of other banks payable in the
United States
5
Reporting banks' own acceptances
Loans to brokers and dealers in securities.,, ..
Other loans for purchasing or carrying securities
448
Real estate loans : On farm land
_ _ _ _ , ...
498
On residential properties- _ _ 4,432
1,187
On other properties
Loans to banks 4,676
All other loans
.
..„
_
12
Overdrafts
United States Government direct obligations
. -„ „
Treasury bills
Treasury notes
Bonds
13,441
2 526
3,826
7 089
Obligations guaranteed by United States
Government - -_ Reconstruction Finance Corporation
Home Owners' Loan Corporation
Federal Farm Mortgage Corporation
Other Government corporations and agencies.
3,444
955
952
876
661
Obligations of States and political subdivisions
5,101,807 229 , 203
2 999,051 85,134
31,743
5,718
43,074
8,223
89,224 2,224,427 353 076 312,347 4,359 368 235,388 123 688
65,074 1,058,459 194,314 133,497 1,662,505 114,264
324,012 82 660 52 385
6 787
614 214 39 870
32,679 44, 783 20,392
43,985
19,941
128
21,496
2,313
609
5,394
68,195 12,624
3
38
38,937
36,223
428,813
242,520
14,246
256,092
131,640
32,057
845,017
2,356
78
2,726
8,809
10,784
15,324
13,552
143
78,691
21
122
985
2,812
1,090
3
8,652
29
40
2,313
13,634
23,474
40,940
257,457
61 , 692
528
280,071
123
61
206
1,656
4,230
8,219
a, 294
21
43,668
119
74 414
27 H3
6,032
431
36
64
502
516
1,911
9,681
4,516
25
41,038
182
59
4,957
33,045
81,181
27,078
315,134
106,765
784
391,011
77
1 528
961
290
2,501
224
24,1E4
9,327
150
22,472
5
470
•1,482
1,740
7,111
3,670
12
26,328
25
6,320,985 103,399
2,408
325,701
1,721,324 11,917
4,273,960 89,074
13,630
1,047
12 583
657,927
18,223
147,316
492,388
59,561 123,631 1,541,277
21,111
3,422
6,106
160,851
5,729 10,019
50,410 107,506 1,359,315
90,128
999
9,963
79,166
23,401
650
4,621
18,130
1,858,955
768,596
634,732
223,236
232,391
41,284
6,151
16,294
14,843
3,996
4,095
846
1,319
1,590
340
181,650
62,519
74,017
20,542
24,572
18,300
3,139
8,431
3,483
3,247
25,036
5,108
4,120
8,919
6,879
259,914
73,894
124,741
24,143
37,136
§,244
3,606
2,831
168
1,639
4,133
1,043
1,512
906
672
3,767
922, 870
49,456
4,287
187,373
75,552
32,340
249,588
6 156
17,13S
States
... „.
Federal Land banks
Federal Intermediate Credit banks
Other Government corporations and agencies
741
571
155
15
232,009
59,397
99,317
73,295
7,876
1,091
1,841
4,944
345
155
1,476
1,006
190
24,658
16,544
4,657
3,457
470
979
74
880
25
26,725
9,511
2,682
14,532
2,204
168
1,231
805
1,538
229
1,085
224
Obligations of other domestic corporations
Railroads
.... _ , . . . _ „ .
. ... _ _ . _ . _ ...
Public utilities
.
Industrials
All other
...
101
35
28
30
8
593,742
225,580
102,024
198,285
67,853
3,415
1,601
181
906
727
1,433
570
301
455
107
92,270
33,955
21,822
31,931
4,562
2,323
889
432
964
38
5,93S
2,091
934
407
2,506
499,945
207,365
143,619
135,073
13,888
9,444
4,879
3,420
1,023
122
1,926
873
578
155
320
Obligations i»f Government corporations
Foreign bonds, mites, and debentures _ _ _ _ , _ „
Federal Reserve Banks
Affiliates of reporting banks
Other domestic banks
Other domestic corporations
Foreign corporations
_„,__ .
Cash, balances with other banks, and cash
49
41,526
27
139
10,681
264
228
36,925
1 039
15
156
118
165,968
48,021
43,084
4,871
69,141
851
2,440
784
57
3
1,596
221
158
10
11,409
6,606
267
112
4,414
10
1,286
1,241
608
608
82,489
17; 610
27,111
6,563
31,056
149
3,909
850
805
1,075
1,136
43
528
296
40
5
187
38
37,209
7,949
Reserves with Federal Reserve Banks
Cash in vault
.. .
_ _ _ _ _ _ _ _ _ 2,404
Demand balances with banks in the United
States (except private banks and American
25,152
branches of foreign banks)
Other balances with banks in the United
669
States
_ _ _ _ _ ...
Balances with banks in foreign countries
Cash items in process of collection _ _ ___ _ _ _ _ . 1,125
7,483,804 314,083
5,430,021 58,182
171,876 21,902
53
32,139 1,173,108 246,628 146,750 3,056,505 108,065 106,362
479,097 71,227 58,091 1,008,779 52,048 15,775
7,369
9,950
132,223 11,027
8,639
2,243
9,135
85,839
487,054 199,274
20,779
6,806
209
12
1,527
5,883
6,887
1,382,083
27,919
45
446,810 145,660
51,226
674,152
28,349
74,008
2,931
3,845
10
24,939
10,255
156
230,940
271
109
16,261
6,277
9,916
94
151,352
17,675
352
INSURED BANKS
121
NO. 47-ALL INSURED COMMERCIAL BANKS-PRINCIPAL ASSETS
AND LIABILITIES, BY STATES, DECEMBER 31,1941-Continued
[Amounts in thousands of dollars)
New
Mexico
Item
Bank premises, furniture and fixtures, and
other real estate
Bank premises ,.._
____.
Furniture and fixtures
Farm land (including improvements)
Residential properties
Other real properties
Investments and other assets indirectly representing bank premises or other real estate
339,708
264,380
5,588
1,053
19,101
29,138
North
Carolin
North
Dakota
10,202
7,649
1,003
136
441
946
2,455
2,024
179
172
32
44
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode South
Island Carolina
74,331
55,912
4,456
839
4,648
5,194
9,170
8,103
925
22
6
42
7,306
6,074
1,042
86
67
32
226,292
121,201
12,953
1,745
37,059
39,911
11,818
8,196
239
6
115
635
1
20,448
27
4
3,282
72
5
13,423
135,663
44,140
46,869
5,001
39,653
4,203
1,566
1,313
93
1,231
330
10,429
822
4,067
298
5,242
949
105
392
36
416
1,304
112
833
26
333
29,117
4,761
9,660
1,519
13,177
1,707
885
579
188
55
2,708
1,999
457
104
52
93
2,627
75
50
5
Miscellaneous assets _.. -. . _ „.
Customers' liability on acceptances
Income accrued but not collected „
Prepaid expenses
Other assets,
Total assets
1,001
860
121
15
4
New
York
20
248
82
836
51
71
35
679
87,817 23,197,037 765,588 124,148 3,482,295 609,823 467,607 6,671,282 356,978 232,994
..
LIABILITIES
Demand deposits (exclusive of interbank
deposits )
._,___
61,347 14,530,156 391,700
Individuals, partnerships, and corporations,.. 44,319 12,469,455 312,141
United States Government 1
930,652
8,227
662
States and political subdivisions ...
15,341
640,901 63,394
Certified and officers' checks, cash letters of
credit and travelers' checks, etc...
7,938
1,025
489,148
76,762
69,218
264
5,939
,813,756
,601,373
23,030
146,799
77,643
85,357
11,523
66,379
73,302
18,341
6,931
40,893
,258,870
,907,030
97,558
209,436
05,919
82,660
1,302
17,893
63,231
27,015
3,071
30,678
1,341
42,554
14,384
7,137
44,846
4,064
2,467
2,056,245 132,058
31,601
,075,021
76,033
34,777
,753,728
02,535
36,007
1,555,782
26,819
3,645
398,208
6,602
65,189
00,863
15,550
202
8,474
4,574
2,395
17,650
13,249
16
272
54
360
940,337
60,895
2,082
35,607
1,030
35,070
48,623
18,621
8
4,928
739
3,114
20,963
6,749
3
1,327
399
5,336
,432,850
99,693
6,413
148,183
3,868
62,721
98,410
1,984
1,379
5,124
5,124
4,306,492
3,690,454
616 038
76,260
76,260
4,585
4,585
265,464
264,376
1,088
91,242
91,242
27,272
26,787
485
778,810
772,449
6,361
9,871
9,559
312
14,721
14,721
81,582
66 450
15,132
0,892,893
8,811 870
2,080,923
00,018
64 072
35,946
12,948
81 287
31,661
,154,241
,070,615
,083,626
44,918
65 974
78,944
35,351
00,094
35,257
,791,408
994,709
,796,699
18,325
15,790
02,535
14,049
77,858
36,191
75
302,684
6,282
419
19,391
1,635
1,792
32,495
2,942
845
50
6
g
11
5,866
53,585
• 18,289
17,964
30,013
176,967
15
1,566
216
2,029
1,229
1,227
60
18
138
167
36
215
825
869
3,411
5,670
8,401
113
126
713
729
111
1,230
6,272
3,500
5,553
12,436
3,504
937
193
568
951
293
70
71
244
402
58
81, €57
1,195,577
06,300
13,367
,173,632
46,553 .37,143
823,903
21,267
14,894
6,160
2,985
2,164
193
677
141
2,001,460
726,084
953,123
253,791
60,376
8,086
59,288
23,528
22,976
7,181
4,573
1,030
10,781
6,029
3,161
1,211
227
153
308,663
165,483
92,769
33,301
13,274
3,836
63,270
28,715
19,387
12,033
3,016
119
30,464
10,572
12,025
4,484
3,156
227
847,379
285,025
413,059
93,545
51,599
4,151
35,711
13,201
16,331
2,527
3,610
42
18,100
8,840
5,960
2,312
702
286
41
708
220
150
673
381
69
1,048
16
114
Time deposits (exclusive of interbank deposits),,
_,
15,111
Individuals, partnerships, and corporations:
Savings deposits.
.
12,030
Certificates of deposit
2,724
11
Christmas savings and similar accounts
,
Open accounts
150
Postal savings l
181
States and political subdivisions
15
Interbank deposits,
„
Banks in the United States
Banks in foreign countries
Total deposits .
Demand
Time,
_,
Miscellaneous liabilities
Bills payable, rediscounts, and other liabilities
for borrowed money ..
Acceptances outstanding
Dividends declared but not yet payable.-,,,.
Income collected but not earned
Expenses accrued and unpaid.
,„
Other liabilities
,
..
Total liabilities,
105
324
412
776
18
32,075
2,818
146
342
554 1
68
208
648
CAPITAL ACCOUNTS
Capital accounts ._
Capital.
.
Surplus. .,
. ....
Undivided profits.
Reserves for contingencies
Other capital accounts.
.,_.
Number of banks
For footnote see end of table, p. 123.
.
..
BANKING AND MONETARY STATISTICS
122
N0.47-ALL INSURED COMMERCIAL BANKS-PRINCIPAL ASSETS
AND LIABILITIES, BY STATES, DECEMBER II, Mi-Continued
[Amounts in thousands of dollars]
Item .
South
Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West
Wyom- PossesVirginia Wisconsin
ing
sions
ASSETS
Loans and investments
93,966 500,987 1,210,844 135,511 113,865 585,720 480 925 244 271
Loans
.
,
Commercial and industrial loans
Agricultural loans
.
-Commercial paper bought in open market
Bills, acceptances, etc., payable in foreign
countries
Acceptances of other banks payable in the
United States
Reporting banks* own acceptances
Loans to brokers and dealers in securities.
Other loans for purchasing or carrying
securities
-Real estate loftps* On farm land
On residential properties
On other properties
Loans to banks..
All other loans .„
.„
Overdrafts
63,390 306,718
7,128 111,308
35,487 46,009
685
2,888
681,261
294,832
144,076
3,425
78,540
20,977
11,898
1,184
69,600 356,450 269,004 140,467
12,268 90,132 118,716 31 357
3,297 12,822 29,061 2,757
1,060
8,015
4,573
3,043
830 275
e* •£•
5,789
351 230
119 909
24 498
10,019
«A 47n
3 AM
1,063
4 A9ft
f-> QAQ
559
111
21
3,071
433
191
8,762
873
2,014
5,120
1,591
4
10,434
54
7,523
12,493
19,453
9,741
151
93,868
192
19,746
10,168
27,272
18,397
297
152,312
1,239
United States Government direct obligations
..
».
„
14,550
Treasury bills
_ _ „ ,.
- _
38
Treasury notes -- „„„_ „
3,125
Bonds
11 387
88,161
5,158
22,249
60,754
Obligations guaranteed by United
States Government
- '
__ _.
Reconstruction Finance Corporation
Home Owners' Loan Corporation
Federal Farm Mortgage Corporation
Other Government corporations and
agencies
4,090
1,237
1,321
1,085
60
1,817
30
202
831
205
1
472
13,915
144
1,658
5,953
7,764 16,815
26,470 60,259
5,466 19,151
3
132
11,607 141,243
7
51
3,789
4,997
29 838
11,868
8
64 921
170
5,444
5,458
35 965
11,266
33
44,895
27
7 790
26 027
75*341
23 257
260
63 572
84
299,896
39,314
52,331
208,251
31 223
69
7 576
23 578
19,056 130,932 147 325
2,402 14,291
2,148 15,081 21 396
16 908 113 449 111 638
52,709
3,063
7,777
41 869
27,034
7,729
10,555
986
63,220
14,496
31,177
6,705
12 565
1,933
6 366
2,616
4,562
1,370
1,842
955
39,303
9,001
19,626
7,024
21 919
4,797
6 746
5,041
19,338
4,146
7,056
2,139
58 526
12,047
30 354
7,234
2 473
447
7 764
10,842
1 650
395
3 652
5 335
5 997
8 891
AKO
Obligations of States and political subdivisions
__ .
_ _
10 361
58 050
138,611
9 945
5,025
29 891
29 386
16 369
64 631
4 531
395
321
6 690
914
2,419
6,527
2,476
1,897
694
464
95
138
118
5 612
1,886
1,071
5 184
1,901
2,201
1,429
1,182
3 036
1 577
46
91
55
74
3,357
2,154
135
20
2,655
1 082
247
1 413
36
899
486
127
243
43
9 282
2 853
1,649
3 674
1 106
13,458
2,626
3,279
5,459
2,094
1 955
628
872
364
91
11,369
3 430
5,989
1 610
340
18,860
6 223
3,914
6 008
2 715
5 165
2 306
1 539
1 184
136
11,080
4 017
2,238
3 578
1 247
2,498
829
1,130
Obligations of Government corporations and agencies, not guaranteed by
United States -. , „
___ _
Federal Land banks „
„ _ __
Federal Intermediate Credit banks
Other Government corporations and
agencies
. „
Obligations of other domestic corporations
__•
Railroads
Public utilities
_Industrials
All other
1
585
982
2,634
18 062
8,158
Foreign bonds, notes, and debentures....
64
526
404
13
Corporate stocks
Federal Reserve Banks.
.
Affiliates of reporting banks-.„.,..
Other domestic banks
___
_____
Other domestic corporations
Foreign corporations _ - _
_
217
216
4 526
1,303
1,788
110
1,325
7,467
4,057
633
72
2,704
1
576
370
28
990,908
290,756
41,401
1
Cash, balances witH otber banks, and
cash items in process of collection. _., 43,703 370,486
Reserves with Federal Reserve Banks
11,120 91,833
Cash in vault ...
2 937 19 580
Demand balances with banks in the
United States (except private banks and
American branches of foreign banks}.,. 27,466 223,029
Other balances with banks in the United
States
62
5 981
2
Balances with banks in foreign countries
Cash items in process of collection
2,117 30,061
17
5
629
1 ftOfl
*>oq
OQ
1 Tvd
/till
7ee
i AA
3
4
10
4
90
264 558 11 582
1 901 1 464
2 352
18 503
244 154
7 7RR
78
23
25
24
6
703
165
269
046
223
472
719
1 9AA
11 A
8
797
i<ii
655
176
227
205
47
669
900
195
66
j
1QA
500
7,116
91
1 812 2 370
1,095
915
85
615
3
69
1,310
69
30
2 475
1,664
125
47
639
176
160
g
g
1
88,889
28,467
3,015
27,185 332,163 274,063 153,636
6,611 108,563 94,211 36,005
3 023 23 761 17 855 14 116
405,096
108,143
26 362
44,498
8,739
2 598
4,568
567,269
42,324
15,375 .62,485 120,803
86,697
226,204
31,679
3,260
3 513
274
87,695
1,006
5 025
16
32,313
6 864
2 632
17
41 738
321
178
13,277
1 619 3 843
229
1,673
765
214
1,218
106
1,187
66
4 '
15
129
2,032
5 630
90
35 474
9 954
1 161
1111
~25
172
INSURED BANKS
123
N0.47-ALL INSURED COMMERCIAL BANKS-PRINCIPAL ASSETS
AND LIABILITIES, BY STATES, DECEMBER 31,1941-Continued
[Amounts in thousands of dollars]
South
Dakota
Item
Tennessee
Texas
Utah
Vermont
Virginia
WashWest
Wyom- Possesington Vir ginia Wisconsin
ing
sions
2,564
1,925
381
143
22
40
18,730
13,620
1,506
485
379
2,226
46,718
33,529
4,463
897
617
3,247
3,718
2,004
354
65
12
39
4,942
2,243
287
1,332
458
520
22,441
14,900
2,286
714
782
1.688
9,311
6,709
2,110
130
32
309
ASSETS (continued)
Bank premises, furniture and fixtures,
and other real estate
Bank premises .
Furniture and fixtures
Farm land (including improvements). ._
Residential properties
_- ..
Other real properties
1Investments and other assets indirectly
representing bank premises or other
real estate
. , _-
12,899
7,346
1,057
250
1,250
2,190
22,392
15,850
2,551
1,008
553
959
1,228
1,039
167
13
8
1
78
60
13
3
2
53
514
3,965
1,244
102
2,071
21
806
1,471
418
2,322
366
630
52
1,274
3,428
1,318
600
101
1,409
275
362
3,507
11
1,202
112
2,182
73
38
164
12
186
1,547
272
932
37
306
943
9
15
251
2,575
7
820
103
1,645
45
5
23
31
3
4
140.650 892,525 2,251,898 227,593 146,354 942,899 765,846 411,749 1,261,270
Miscellaneous assets. -_ ,_ _ _ _ „ _
Customers' liability on acceptances
Income accrued but not collected
Prepaid expenses
Other assets
95,868
10,473
298
120
Total assets
185
77
681
LIABILITIES
Demand deposits (exclusive of interbank deposits)
Individuals, partnerships, and corporations
United States Government 1 _
States and political subdivisions _ _ _
Certified and officers' checks, cash letters
of credit, and travelers' checks, etc.
87,395 415,643 1,446,926 111,112
40,986 414,952 451,177 213,151
579,401
54,792
3,900
63,267 327,959 1,174,313
574 23,251
54,123
162,373
22,446 58,472
85,030
814
23,745
35,418 346,506 384,852 173,385
7,682
4,677
5,844
852
3,457 47,928 53,992 25,799
500,563
5,114
58,044
43,600
451
10,005
2,907
244
683
5,961
56,117
1,523
8,123
15,680
736
66
229,192
65,939
81,546 304,062 181,226 122,073
467,872
22,889
5,479
167,551
27,745
351
10,074
1,412
22,059
61,888
3,603
12
238
92
106
79,054 260,354 171,856 110,108
9,102
668 11,349 •7,516
1,083
30
357
124
1,152
864
576 17,469
1,284
1,758
613
176
59
358
948 12,049
408,547
53,258
801
1,327
604
3,335
18,519
2,823
35
612
152
748
5,221
58
23
376,479
375,178
1,301
29,561
29,557
4
98,262
98,128
134
8,513
8,513
102
101
1
126,548 817,308 2,052,597 206,612 123,482 844,160 705,764 360,517 1,145,535
676,047
93,529 626,679 1,822,303 140,396 41,851 537,403 523,527 237,472
469,488
230,294 66,216 81,631 306,757 182,237 123,045
33,019 190,529
86,194
63,080
23,114
9,481
3,990
5,491
359
23
1,108
Time deposits (exclusive of interbank
32,902 185,761
deposits). . __
Individuals, partnerships, and corporations:
17,840 139,972
Savings deposits
12,367 36,019
Certificates of deposit
11
198
Christmas savings and similar accounts
712
3,323
Open accountsl
118
946
Postal savings
5,303
1,854
States and political subdivisions
6,251 215,804
6,251 215,804
I nterbank deposits
Banks in the United States
Banks in foreign countries
Total deposits
Demand.
Time
.
Miscellaneous liabilities
Bills payable, rediscounts, and other
liabilities for borrowed money
Acceptances outstanding
Dividends declared but not yet payable..
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
422
3,834
7,206
366
344
1,765
1,156
203
118
1,318
1,164
1,003
3,189
414
612
1,259
12,836
950 125,146
950 125,069
77
455
5,950
96
. 159
135
65
200
7
833
2,939
1,571
400
7,656
73,361
71,865
1,496
25,293
25,293
1,079
4,909
274
318
1,915
1,447
955
2,900
55
122
85
59
185
16
14
3
4
8
8
126,970 821,042 2,059,803 207,224 123,937 850,119 710,673 361,596 1,148,435
Total liabilities
11
223
1,096
1,158
412
86,553
9,504
57
121
194
50
84
186
267
75
126
293
528
132
CAPITAL ACCOUNTS
Capital accounts
Capital-.
Surplus
Undivided profits
Reserves for contingencies
Other capital accounts
- 13,680
7,208
3,622
2,267
385
198
__
71,483
36,025
21,440
11,089
2,140
789
192,095
89,853
62,786
30,298
6,639
2,519
20,369
9,491
6,550
3,077
1,026
225
23,417
12,870
3,912
3,214
1,485
936
92,789
44,025
30,719
11,900
5,248
897
55,173
25,433
14,394
9,608
5,187
551
50,153
23,821
17,827.
6,266
1,845
394
112,835
62,385
26,226
14,486
7,779
1,959
9,315
3,847
3,381
1,597
412
78
961)
47{>
296
117
60
21
Number of banks
l_
161
288
785
60
72.
314
131
175
553
58
4
1
=.
_
United States Treasurer's time deposits, open account, are combined with postal savings (time) deposits.
SECTION 4
ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS
IN LEADING CITIES
Text
Page
127
Table 48. Weekly reporting member banks in 101 leading cities—principal assets and liabilities,
weekly and monthly, 1919-1941
*
132
Table 49. Weekly reporting member banks in New York City—principal assets and liabilities,
weekly and monthly, 1919-1941
164
Table 50. Weekly reporting member banks outside New York City—principal assets and liabilities, weekly and monthly, 1919-1941
196
SECTION 4
ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS
IN LEADING CITIES
weekly figures, together with monthly averages
of such figures, are also published each month in
the Federal Reserve Bulletin.
Reporting banks and cities. The number of
weekly reporting member banks has not remained constant. It rose from approximately
600 in late 1917 to 760 in. January 1919 and to
a maximum of 830 in January 1921, owing in
part to the fact that during that period many
large State banks and trust companies became
members of the Federal Reserve System. In
order to maintain substantial comparability
within the series, no net additions were made
to the list of reporting banks after January 1921.
When a bank withdrew from membership, suspended, or ceased to report, its place in the list
was usually filled by another bank of approximately the same size in the same city or district. Numerous mergers of reporting banks,
while not materially affecting the relative size
of the sample for the country as a whole, gradually reduced the number of reporting banks to
422 just before the banking holiday in March
1933 and to 374 immediately afterwards. Reopenings and reorganizations brought the number to 403 by September 1934, but mergers have
since reduced it to 385, the number in December
1941.
The reporting member banks were at first distributed among 96 leading cities, of which 57
were central reserve or reserve cities.2 By 1919
the number of cities represented had increased
to the present number of 101. Some substitutions
of cities were made later; -these, changes are
shown in the list of cities given at the end of
this text.
Following the banking holiday in March 1933,
eleven cities in which the more important reporting banks had not been licensed to resume banking operations were temporarily eliminated from
the current series. Pending clarification of the
status of these banks, the Board published an
interim series, covering the remaining cities (90
in 1933 and 91 in 1934 and 1935). The interim
series appears in the Annual Report of the Federal Reserve Board for 1933, pages 188-977
and for 1934, pages 158-63, and in the Federal
Reserve Bulletin for 1935. Further details on
the interim series appear in the Federal Reserve
Bulletin for November 1935, pages 715-16.
The Board of Governors, in cooperation with
the Federal Reserve Banks, has collected weekly
condition reports from selected member banks
in leading cities since November 1917.*, The
purpose of the reports is to provide information
on money market and credit developments more
promptly than is possible on the basis of call
report data from all member banks. The reporting banks hold about 70 per cent of the loans
arid investments of all member banks and are
located for the most part in large cities, where
banks are quickly affected by short-time money
market factors. In this respect, as well as in
the much greater frequency of their collection,
the series for weekly reporting member banks
differs from the series for all member banks presented in Section 2.
Although the weekly reporting member banks
include banks in some 40 cities that are not
classified as reserve cities, changes in banking
conditions as reflected by the weekly series are
similar to those shown by the series for central
reserve and reserve city banks presented in Section 2. In December 1941 the ratio of loans and
investments of weekly reporting member banks
to loans and investments of central reserve and
reserve city banks was 97 per cent. The weekly
series is not typical of conditions among the
smaller country banks for which changes take
place more slowly and may be quite different.
In this section are presented the figures for
weekly reporting member banks during the
period 1919-1941, It is not feasible to carry
the series back to November 1917, and some
items reported in the earlier years and discontinued have not been shown. The omission of
figures for some items on some dates signifies
that the data were not reported or could not
be placed on a basis substantially comparable
with current reports. Aggregates for all weekly
reporting member banks are given in Table 48,
and for those in New York City and in the 100
other leading cities in Tables 49 and 50,
respectively.
The weekly condition figures of reporting member banks in leading cities are published currently first in a mimeographed statement, which
is now released on Thursday covering banks in
New York City and Chicago and on Monday
covering all weekly reporting member banks. The
1
The inauguration of these reports is described in the Federal
Reserve Bulletin for December 1917, p. 921, and January 1918, p. 61.
127
3
For a list of all reserve cities see Table 108, p. 401,
128
BANKING AND MONETARY STATISTICS
All of the closed reporting member banks in
the eleven cities had been reopened, reorganized,
or placed in receivership by the end of 1934.
The series for 101 cities was not resumed, however, until November 1935. While the interim
series was being published, reports were also
being obtained from reporting banks in the
eleven cities temporarily excluded, and such figures were added when the 101 cities series was
resumed. For the banks in the eleven cities
that resumed operations immediately after the
banking holiday, figures were added back to
March 1933; for those that resumed operations
afterwards, under their old charters or through
succession by other banks, figures were added
beginning with the dates on which operations
were resumed.
Changes in content of weekly report. At first
the reports submitted by reporting member
banks were brief and included only the more
important items from the banks' condition
statements; they did not represent a balanced
statement. Changes in the composition of the
report have been made from time to time, most
of which have taken the form of greater detail
to secure more significant data or reclassification
in the interest of clarity.3
In September 1934 the weekly report form
was considerably revised to provide more detailed classifications of loans, investments, and
deposits and to give additional items needed to
make a balanced statement. The most important changes made since 1934 were the new
loan classifications adopted in May 1937 and
the addition in 1939 of a breakdown of United
States Government securities into Treasury
bills, notes, and bonds.
The weekly reports are essentially condensed
call reports, and all items therein are defined by
reference to corresponding items, or combinations of items, in the more detailed quarterly call
report required of all member banks. The textual introduction and the more detailed tables
in Section 2 will, therefore, be useful in understanding the statistics contained in this section.
Figures from weekly reports of some member
banks, particularly those in California, sometimes differ from call date condition reports because of the fact that the figures reported weekly
by the principal branch-operating banks exelude the assets and liabilities of some or all of
their out of town branches, whereas the call re3
The early report form (as revised by the end of 1919) included
several items on bank credit related to Government financing which
have not been included in the tables: holdings of United States
Government securities, by various types (published until early 1926);
breakdown of both loans on securities and borrowings from Federal
Reserve Banks into those secured by United States Government
securities and all other (published until 1929).
port covers the assets and* liabilities of the reporting bank arid all of its branches.
Classification of loans. In December 1919 the
reporting banks were requested to segregate
loans on stocks and bonds from other loans.
This form of reporting loans was continued until
1929. Beginning with January 16,1929, a further
breakdown of loans on securities was reportedloans on securities made to brokers and dealers
located (a) in New York City and (b) outside
New York City, and loans on securities made to
others. (On January 16 and 23, only loans to
brokers and dealers in New York City were segregated.) Total loans to brokers and dealers in
securities, for own account and for the account
of others, had been reported by weekly reporting
member banks in New York City beginning in
1926, and similar data had been reported by another group of New York City banks beginning with 1917. These figures appear in Tables
140 and 141, pages 495-500.
In September 1934, when the weekly reports
were considerably expanded, a more detailed
classification of "all other" loans was obtained,
showing real estate loans, other loans to customers, loans to banks, and open-market paper.
The item "other loans to customers" provided
for the first time a weekly figure composed
largely of loans for commercial, industrial, and
agricultural purposes.
In May 1937 the form of report was further
revised to provide a new classification of loans,
designed to give more information on the purposes for which loan funds were being used,
without regard to whether or not the loans were
secured by stocks and bonds. The principal new
loan classifications were "commercial, industrial,
and agricultural loans" and "loans other than to
brokers and dealers for the purpose of purchasing and carrying securities." "Loans to brokers
and dealers" thereafter included all such loans for
the purpose of purchasing and carrying securities, both secured and unsecured^ but without the
former breakdown "in New York City" and
"outside New York City." "Open-market paper"
included banks' own acceptances previously included in "all other loans/' as well as other
banks 7 acceptances and commercial paper purchased in the open market. "Real estate loans"
and "loans to banks" were the same as reported
earlier.
For the first report date, May 12, 1937, the
reporting banks submitted data on both the old
and the new bases; thereafter until February 1939 they broke down the new classifications
in such a way as to permit reconstruction of the
old classification on a substantially comparable
REPORTING MEMBER BANKS
129
4
basis. The only item in the old classification "other securities." Beginning with February
which was continued in the new classification 1939 holdings of Government direct obligations
but which was considerably affected is "open- have been reported by types of securities—-bills,
market paper." The reporting banks' holdings notes, and bonds.
The figures of loans and investments for the
of their own acceptances (121 million dollars on
May 12, 1937) had previously been included in period 1919-1928 were revised in 1929 so as to
"other loans to customers" rather than in "open- transfer from investments to loans certain types
market paper." Further details concerning the of real estate loans. As noted in connection with
new loan series in comparison with the old series changes in this classification of loans, beginning
appear in the Federal Reserve Bulletin for May with February 8, 1939, "other securities" exclude
1937, page 440, and for June 1937, page 530.
loans and investments indirectly representing
From May 19 through the remainder of 1937 bank premises and other real estate, which since
both the old and the new series are given in the that date are included in "other assets." The
tables with a footnote indicating the columns amount then transferred from investments to
representing the new and old classes. It should "other assets" was reported as 53 million dollars;
be noted that the item "other loans" beginning to that extent the figures of "other securities"
in May 1937, being merely a residual of loans beginning with February 8, 1939, are not entirely
not otherwise classified, is not comparable with comparable with those for earlier dates.
Deposits and other items. Prior to September
the residual item formerly reported; it now comprehends mostly instalment and single-payment 1934 the weekly reports had included net demand
loans to individuals and other customers' loans deposits, time deposits, United States Governnot secured by real estate and made neither for ment deposits and, beginning with 1927, interbusiness or agricultural purposes nor for pur- bank deposits. The adoption of the balance
chasing or carrying securities. Before May 1937 sheet form of report in 1934 supplied additional
the unclassified loans, "other loans to customers," data on deposits similar to, but in less detail
were largely unsecured loans (i.e., not on secu- than, the call report. The more important addirities) for industrial, commercial, and agricul- tions were the items for computing "demand deposits adjusted" and details for interbank
tural purposes.
Beginning with February 8, 1939, the report- deposits.
The composite statement available beginning
ing banks were asked to include in "other assets"
any loans and securities that indirectly represent with September 1934 substituted "demand debank premises or other real estate. On the first posits adjusted" for "net demand deposits," and
report date these loans (mostly real estate loans) the tables published in the Bulletin contained
and securities amounted to 47 and 53 million somewhat more detailed information. Demand
dollars, respectively. For this reason the figures deposits adjusted are a much more satisfactory
of "real estate loans" and "other securities" measure of the volume of demand deposits standbeginning with February 1939 are not entirely ing to the credit of the community in general
than net demand deposits, which are merely a
comparable with prior figures.
Claesification of investments. The statistics of measure of demand deposits subject to reserve
investments are substantially comparable for the requirements. Demand deposits adjusted are
entire period. Investments have been classified all demand deposits other than those of other
into "United States Government obligations" banks and the United States Government, less
and "other securities" throughout the reporting cash items reported in the process of collection
period, and changes in classification have merely (so-called "float"). The components of this item
provided additional information on the holdings appear in the table. The manner of computing
of United States Government obligations. In the net demand deposits is described in Section 2,
page 65.
earliest years holdings of various types of United
No figures were reported for interbank balStates Government securities were reported; ances and deposits prior to April 1920 and from
publication of this detail was discontinued in April 1920 to January 1927, as shown in the
the early part of 1926 arid the details are not column headings of the tables, data were obtained
included in these tables. In October 1933 the only -from the weekly reporting banks in the
first obligations of Government corporations twelve Federal Reserve Bank cities. The series
and credit agencies fully guaranteed by the
* Holdings
guaranteed
States
United States were issued, and beginning in Sep- interest only, of securitiessmall amount by the United 1933 and as to
of which a
was issued in
early
tember 1934 securities fully guaranteed by the 1934 (see footnote 1, p. 507), were included in "other securities"
except for the month of September 1934, when they were included
United States were reported separately from with fully guaranteed obligations.
130
BANKING AND MONETARY STATISTICS
as here presented, however, embodies considerable revision of the statistics originally published.
Early in 1927 the asset item "balances with
domestic banks" and the liability item "interbank deposits" were added to reports from all
reporting banks, and beginning with September
1934 interbank deposits were segregated into deposits credited to domestic banks and branches
and to foreign banks and branches, respectively.
Prior to 1936 banks were expected, in reporting balances with domestic banks, to exclude
time balances with domestic banks and all
balances with foreign and private banks, but
some such balances probably were included. The
amount of time balances with domestic banks
and time and demand balances with private
banks thus excluded was reported as approximately 38 million dollars on December 31, 1935.
Beginning with 1936 the figures have included
both time and demand balances due from all
banks in the United States and from United
States branches of foreign banks (but not balances due from foreign branches of United States
banks).
Before September 1934, the figures of "borrowings at Federal Reserve Banks" and "reserves
with Federal Reserve Banks" were supplied by
the Federal Reserve Banks from their books.
With the adoption of a balance sheet form of
report, borrowings and reserve balances have
been reported by the member banks themselves;
borrowings thus reported include those from
other lenders as well as from the Reserve Banks.
Revisions of back figures. So far as possible,
the back figures have been revised to make a
consistent and complete series for the period as
a whole. From time to time revisions have been
made in data originally published in order to
correct inaccuracies discovered after publication,
to improve the form in which the data were
presented, or to put back figures on a basis
comparable with current series. The extent of
such changes may be determined, if desired, by
reference to the original figures published each
month in the Federal Reserve Bulletin; the exact
nature of the changes will be difficult to discover, however, because some items have been revised more than once since their original publication.
Since 1923 member banks have reported their
loans grosSj that is, including all paper rediscounted with Federal Reserve and other banks;
before that time they reported net figures. In
these tables the net figures have been adjusted
to an approximate gross basis by adding the
amount of loans rediscounted by the weekly
reporting member banks with their Federal Reserve Banks (as shown by the books of the Federal Reserve Banks).
The most important other revisions were made
in 1929. In that year the series for loans and
investments were revised back to the beginning
of 1919, principally (1) to eliminate from loans
the amount of acceptances and foreign bills of
exchange sold with endorsement, and (2) to make
adjustments for incorrect reporting by some
banks of certain types of real estate loans as investments instead of as loans. The first change
was made upon decision that the liability of
reporting banks on such acceptances and bills did
not properly constitute rediscounts (borrowings)
and that, consequently, such acceptances and bills
should have been excluded from gross loans and
discounts.5 Further details concerning these and
other revisions made in 1929 appear in the Federal Resefve Bulletin for January 1929, page 6.
Weekly reporting member bank cities, 19191941. The following tabulation lists the cities
in which weekly reporting member banks are
located, by Federal Reserve districts. The tabulation includes not only the cities now making
up the list of 101 reporting cities but the changes
which have taken-place in this list since 1919.
5
See in this connection the introductory text to Section 2, p. 67.
131
REPORTING MEMBER BANKS
District No. 1:
Boston, Mass.
Hartford, Conn.
New Haven, Conn.
Providence, R. I.
Springfield, Mass.
Worcester, Mass."'
District No. 2:
Albany, N. Y.
Bridgeport, Conn.
"Brooklyn, N, Y.b
Buffalo, N. Y.
Jersey City, N. J.
Newark, N. J,
New York, N. Y.b
Rochester, N. Y.
Syracuse, N. Y.
District No. 3:
Camden, N. J.
Philadelphia, Pa.
Scranton, Pa.
Wilmington, Del.
District No. 4:
Akron, Ohio c
Canton, Ohio
Cincinnati, Ohio
Cleveland, Ohio
Columbus, Ohio
Dayton, Ohio
Erie, Pa.
Lexington, Ky.d
Pittsburgh, Pa.
Toledo, Ohio
*Youngstown, Ohio'
District No. 5:
Baltimore, Md.
Charleston, S. C,
Charleston, W. Va.
Charlotte, N. C.
Columbia, S. C.
Huntington, W. Va.
Lynchburg, Va.
Norfolk, Va.
*Raleigh, N. C.e
Roanoke, Va.
Richmond, Va.
Washington, D. C.
"Wilmington, N. C.f
Winston-Salem, N. C.e
District No. 6:
Atlanta, Ga.
Birmingham, Ala.
Chattanooga, Tenn.
Jacksonville, Fla.
*Knoxville, Tenn.h
Mobile, Ala.'1
Nashville, Tenn.
New Orleans, La.
Savannah, Ga.
District No. 7:
Cedar Rapids, Iowa
Chicago, 111.
Des Moines, Iowa
Detroit, Mich. J
*Dubuque, Iowa
Flint, Mich."
Fort Wayne, Ind.k
Grand Rapids, Mich.
Indianapolis, Ind.
Joliet, 111.
Milwaukee, Wis.
Peoria, 111.
Sioux City, Iowa
District No. 8:
Evansville, Ind.
Little Rock, Ark.
Louisville, Ky.
Memphis, Tenn.
St. Louis, Mo.
* No longer included in list of 101 cities.
a
Worcester was added to the 90-cities interim series in January
1934 to compensate for the withdrawal from membership of a
reporting bank in Providence. When the 101-cities series was
restored in November 1935, Worcester was kept in this series.
b
The Borough of Brooklyn was counted separately in the original
list of 96; cities, but it is now treated .as a part of New York City.
There is "now only one reporting member bank in Brooklyn and :
because it has a branch in the Borough of Manhattan, it is a
central reserve city bank, the same as banks located in the
Borough of Manhattan. Other reporting member banks in New
York City are all located in Manhattan.
c
Akron was substituted for Youngstown in May 1932 because of
bank suspensions in Youngstown.
d
Added in March 1918 to the original list of 96 cities.
* Raleigh was dropped from the list in December 1931 following
the suspension of the remaining reporting member bank.
f Wilmington was dropped from the list in November 1929 because the remaining reporting member bank was absorbed by a
nonmember bank.
s Winston-Salem was added to the list in April 1930 in order to
compensate for withdrawals from membership, absorptions of reporting member banks by nonmember banks, and suspensions of
District No. 9:
Duluth, Minn. d
Fargo, N. Dak.
Great Falls, Mont.d
Helena, Mont.d
La Crosse, Wis.d
Minneapolis, Minn.
St. Paul, Minn.
Sioux Falls, S. Dak"
District No. 10:
Denver, Colo.
Kansas City, Kans.
Kansas City, Mo.
Lincoln, Nebr.
Muskogee, Okla.
Oklahoma City, Okla.
Omaha, Nebr.
Pueblo, Colo.
St. Joseph, Mo.
Topeka, Kans.
Tulsa, Okla.
Wichita, Kans.
District No. 11:
Austin, Tex.1
Dallas, Tex.
El Paso, Tex.
Fort Worth, Tex.
Galveston, Tex.
Houston, Tex.
San Antonio, Tex.
Shreveport, La.
Waco, Tex.
District No. 12:
Los Angeles, Calif.
*0akland, Calif.m
*0gden, Utah"
Portland, Ore.
Salt Lake City, Utah
San Francisco, Calif.
Seattle, Wash.
Spokane, Wash.
Tacoma, Wash.
reporting member banks, during preceding months, in the cities of
Baltimore, Columbia, Wilmington, and Raleigh.
11
Mobile was substituted for Knoxville in December 1931 because
of a bank suspension.
i Dubuque was dropped from the list in July 1932 because of a
bank suspension, and an additional reporting bank in Peoria was
added.
k
Flint and Fort Wayne were added in April 1930 to compensate
for a bank in Chicago which had withdrawn from membership.
1
Austin was added to the list in November 1931 to compensate
for a bank suspension in San Antonio.
m
Oakland was dropped from the list in March 1933 because the
reporting member bank in that city was absorbed by a nonmember
bank.
n
Ogden was dropped from the list in March 1930 to compensate for the absorption of a large nonmember bank by a weekly
reporting member bank in Oakland.
NOTE.—The following cities were excluded from the interim
series which was published May 1933-November 1935 (following the banking holiday) but were restored to the 101-cities
series when it was reestablished in November 1935 and carried
back to March 1933: Cleveland, Ohio; Akron, Ohio; Baltimore,
Maryland; Columbia, South Carolina; New Orleans, Louisiana;
Detroit, Michigan; Flint, Michigan; Fort Wayne, Indiana; Joliet,
Illinois; Little Rock, Arkansas.
132
BANKING AND MONETARY STATISTICS
NO. 48-WEEKLY REPORTING MEMBER BANKS IN IS! LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1941
[Friday figures through April 1921; Wednesday figures thereafter.
Loans
Date or month
Jan. 3
Jan. 10
Jan. 17
Jan 24
Jan. 31
1919
Total
loans
and
investments
Total
On
securities
In millions of dollars]
Investments
All
other
Total
InterBalances
with
bank BorrowReU.S.
serves Cash domestic Net
U.S. deposits ings
Govern- Other
with
in
banks demand Time Governat
(12
ment secu- Federal vault
(12
deposits deposits ment Reserve Federal
direct rities Reserve
deposits Bank Reserve
Reserve
obligaBaaks
Bank
cities Banks
tions
cities
only)
only)
14,214
14,155
-_.- 14,326
14,212
14,234
10,016
9,959
9,937
9,859
9,854
4,198
4,196
4,389
4,353
4,380
2,388
2,387 '
2,580
2,545
2,573
1,810
1,809
1,809
1,808
1,807
1,296
1,296
1,299
1,276
1,307
429
412
387
368
354
10,152
10,074
10,087
10,003
9,959
1,580
1,583
1,633
1,616
1,640
432
499
659
489
694
1,438
1,327
1,214
1,359
1,191
14,094
_ _ . . 14,399
14,197
14,538
9,796
S.838
9,677
9,751
4,298
4,561
4,521
4,787
2.4S1
2,755
2,716
2,983
1,807
1,806
1,805
1,804
1,225
1,255
1,225
1,253
353
361
337
338
9,794
9,519
9,952
9,995
1,644
1,652
1,662
1,674
582
645
553
680
1,307
,416
,402
,474
,,..
Feb.
Feb.
Feb
Feb.
7
14
21
28
Mar.
Mar
Mar,
Mar.
7
14
21
28
_ — 14,479
14,843
— 14,655
..— 14,536
9,718
9,832
9,873
9,879
4,762
5,011
4,782
4,657
2,959
3,208
2,980
2,854
1,803
1,803
1,803
1,803
1,262
1,298
1,236
1,245
346
349
348
350
10,043
10,318
10,066
10,061
,675
,697
,703
,712
546
670
690
609
,481
,466
.425
,423
Apr
Apr.
Apr
Apr.
4
11
18
25
14,409
.... 14,717
14,678
_ — 14,632
9,824
9,863
9,864
9,831
4,585
4,854
4,813
4,801
2,782
3,051
3,011
2,998
1,803
1,803
1,803
1,803
1,268
1,252
1,276
1,288
350
356
350
353
10,104
10,054
10,193
10,217
,720
,726
,742
,746
453
724
653
526
,417
,504
,441
,410
May 2
May 9
May 16
Mav23
May 29
.. — . 14,973
14,944
__.. 14,980
14,882
... _ 14,903
9,880
9,911
9,981
10,145
10,216
5,093
5,033
4,999
4,737
4,687
3,292
3,232
3,198
2,936
2,886
1,801
1,801
1,801
1,801
1,801
1,273
1,300
1,318
1,298
1,286
347
361
361
359
345
10,330
10,494
10,579
10,378
10,450
,748
,770
,747
,744
,758
728
551
435
628
541
,488
,499
,560
,453
,486
6
_____-„_ 13...——
20...— —
27. .
15,247
15,266
14,837
14,725
10,552
10,688
10,675
10,710
4,694
4,578
4,163
4,015
2,893
2,777
2,362
2,214
1,801
1,801
1,801
1,801
1,304
1,258
1,269
1,323
369
374
359
352
10,382
10,594
10,328
10,293
,755
,758
,764
,785
1,181
946
823
783
,335
,384
,363
.351
July3
July 11
_ _
July 18— — —
July 25
__-
14,885
14,907
14,891
14,770
10,797
10,849
10,824
10,755
4,088
4,059
4,067
4,015
2,281
2,242
2,242
2,182
1,808
1,816
1,825
1,833
1,269
1,335
1,301
1,318
343
384
365
356
10,519
10,654
10,723
10,550
,786
,791
,795
,818
601
516
413
405
,449
,509
,419
,441
—
~ 15,184
. _... 15,156
15,318
- 15,353
— — 15,306
10,931
10,881
10,991
11,040
11,024
4,253
4,275
4,327
4,313
4,282
2,411
2,426
2,468
2,445
2,406
1,842
1,850
1,859
1,867
1,876
1,354
1,353
1,361
1,287
1,326
339
351
347
351
346
10,784
10,752
10,886
10,802
10,810
,890
,911
,925
,929
,951
517
551
625
573
524
,430
,427
,327
,377
,411
_ — 15,581
15,508
15,692
-.-- 15,727
11,117
11,266
11,434
11,551
4,464
4,242
4,258
4,176
2,582
2 351
2,358
2,268
1,882
1,891
1,899
1,908
1,342
1,383
1,249
1,333
365
369
358
350
10,909
11,228
10,980
10,846
1,950
1,956
2,006
2,022
686
505
771
692
,445
,350
,261
,476
Oct.
Oct.
Oct
Oct.
Oct.
3_ — _. - 15,867
10
— 15,994
17
----- 15,973
24..
_— 16,054
31
— 16,165
11,727
11,865
11.879
11,953
12,082
4,139
4,129
4,094
4,101
4,084
2,223
2,204
2,161
2,159
2,133
1,916
1,925
1,934
1,942
1,951
1,363
1,370
1,396
1,382
1,403
354
371
368
375
359
11,026
11,070
11,161
11.187
11,292
2,031
2,052
2,066
2,202
2,222
604
612
483
439
355
,594
,649
,704
,655
,698
Nov.
Nov.
Nov.
Nov.
7
—
14
....
21.___
—28... — ......
16,232
16,140
16,193
16,206
12,207
12,138
12,198
12,229
4,025
4,002
3,995
3,977
2,067
2,036
2,025
2,005
1,958
1,967
,970
,972
1,462
1,417
1,409
1,415
383
382
386
385
11,291
11,362
11.350
11,345
2,237
2,252
2,316
2,316
331
286
232
183 „„._ —
,778
,734
,734
,813
Dec.
Dec.
Dec
Dec.
5
—
12
....
19
26- _ — ...
16,229
16,293
16.457
16,570
12,208
12,345
12,467
12,629
7,546
7,644
7,759
7,890
4,021
3,948
3,990
3,941
2,044
1,968
2,007
1,954
,977
,980
.983
,986
1,406
1,402
1,317
1,347
396
394
404
430
11,211
11,411
11,202
11,181
2,299
2,312
2,321
2,330
415
296
648
580
,725
,761
,638
,833
14,228
14,307
14,628
14,609
14,936
15,019
14,863
15,264
September _«,..,, 15,627
October
... 16,011
November. ...... 16,193
December
_ - _ 16,387
9,925
9,765
9,825
9,846
10,026
10,656
10,806
10*973
11,342
11,901
12,193
12,412
7,710
,303
,542
,803
,763
,910
,363
4,057
4,290
4,285
4,110
4,000
3,975
2,495
2,736
3,000
2,960
3,109
2,562
2,237
2,431
2,390
2,176
2,033
1,993
,809
,805
,803
,803
,801
,801
,820
,859
,895
,934
,967
,981
1,295
1,240
1,260
1,271
1,295
1,288
1,306
1,336
1,327
1,383
1,426
1,368
390
347
348
352
355
363
362
347
361
365
384
406
10,055
9,915
10,122
10,142
10,446
10,400
10,611
10,807
10,991
11,147
11,337
11,251
1,612
1,658
1,697
1,734
1,753
1,765
1,797
1.921
1,984
2,114
2,280
2,316
,306
555
,400
615
,449
629
,443
589
,497
577
,361
933
,454
484
,395
558
,383
664
,660
499
258 ..._..... 1,765
1,739
485
June
June
June
June
Aug.
Aug.
Aug.
Aug.
Aug.
1
8
15
22
29
Sept
Sept.
Sept.
Sept.
5
12 „
19
26 -
Monthly averages:
January
February
..
March
April
Mav
June
- .-July
4,662
4,701
4,708
4,739
4.703
REPORTING MEMBER BANKS
133
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Friday figures through April 1921; Wednesday figures thereafter.
In millions of dollars]
Investments
Loans
Total
On
securities
All
other
InterBalances
bank
with
Reserves Cash domestic Net
U.S.
U.S. deposits
Govern- Other
in
banks demand Time Governwith
(12
ment secu- Federal vault
deposits deposits ment Reserve
02
Total direct rities Reserve
deposits Bank
Reserve
Bank
obligacities
Banks
tions
cities
only)
only)
16,606
16,745
16,719
16,693
16,644
12,600
12,707
12,786
12,818
12,803
4,803
4,755
4,747
4,723
4,655
7,797
7,952
8,038
8,095
8,149
4,006
4,038
3,934
3,874
3,841
2,026
2,060
1,958
1,901
1,870
,980
,978
,976
,973
,971
,442
,407
,474
,425
,406
431
411
377
373
358
11,600
11,541
11,731
11,545
11,486
2,359
2,435
2,491
2,503
2,497
629
634
423
344
309
1,871
1,729
1,757
1-.824
1,834
Feb. 6
Feb. 13
Feb. 20
Feb. 27
16,626
16,654
16,615
16,711
12,822
12,891
12,862
12,977
4,601
4,514
4,444
4,456
8,221
8,377
8,417
8,521
3,804
3,763
3,753
3,734
1,836
1,797
1,789
1,772
,968
,966
,964
,962
,417
,398
,399
,409
347
383
370
370
11,488
11,562
11,428
11,468
2,520
2,526
2,540
2,549
205
157
59
42
1,895
1,983
2,057
2,143
Mar
Mar.
Mar
Mar.
5
12
19
26
16,781
16,950
16,822
16,860
13,084
13,272
13,281
13,333
4,466
4,454
4,441
4,457
8,619
8,817
8,840
8,876
3,697
3,678
3,541
3,527
1,737
1,721
1,585
1,573
,960
,958
,956
,954
,404
,437
,390
,414
374
369
369
360
11,559
11,722
11,640
11,501
2,582
2,590
2,599
2,610
39
39
104
54
2,094
2,106
1,899
2,114
Apr.
Apr.
Apr.
Apr
Apr.
2
9
16
23
30
.._. 16,952
16,918
17,089
16,980
16,975
13,372
13,332
13,370
13,318
13,328
4,420
4,338
4,417
4,356
4,368
8,952
8,994
8,954
8,962
8,960
3,580
3,586
3,719
3,662
3,647
1,631
1,638
1,773
1,719
1,706
,950
,947
,945
,943
,941
,437
,398
,437
,414
,415
3PO
374
370
368
355
692
694
708
645
657
11,606
11,564
11,689
11,430
11,469
2,612
2,624
2,634
2,647
2,644
121
125
190
171
150
2,228
2,232
2,169
2,056
2,081
2,048
2,009
2,053
2,101
2,136
May
May
May
May
7
14
21
28
16,968
17,026
16,984
16,991
13,330
13,394
13,323
13,364
4,337
4,301
4,288
4,285
8,993
9,093
9,035
9,079
3,638
3,632
3,662
3,627
1,699
1,700
1,737
1,709
,939
,932
,925
,918
,374
,423
,411
,399
374
371
368
363
694
708
692
673
11,396
11,569
11,511
11,566
2,663
2,680
2,668
2,671
145
59
115
76,
2,152
2,104
2,092
2,039
2,092
2,128
2,059
2,060
June 4
June 11
June 18
June 25
16,971
16,971
16,966
- -- 16,977
13,356
13,386
13,458
13,503
4,263
4,243
4,247
4,241
9,094
9,142
9,211
9,262
3,615
3,586
3,508
3,474
1,705
1,683
1,613
1,586
,910
,902
,895
,888
,419
,428
,368
,394
385
374
366
358
694
689
713
650
11,541
11,603
11,519
11,352
2,693
2,696
2,709
2,717
53
52
268
263
2,120
2,052
2,126
2,027
2,092
2,054
1,833
1,646
July 2
July 9
July 16
July 23
July 30
16,931
16,907
16,938
16,924
16,905
13,529
13,528
13,490
13,489
13,497
4,250
4,200
4,155
4,149
4,149
9,279
9,329
9,335
9,340
9,348
3,402
3,378
3,449
3,435
3,408
1,523
1,499
1,569
1,555
1,528
,879
,879
,880
,880
,880
,446
,403
,422
,388
,369
358
394
368
361
355
689
689
714
666
649
11,493
11,468
11,559
11,432
11,406
2,725
2,724
2,723
2,740
2,731
108
44
122
142
115
2,146
2,181
2,140
2,078
2,009
2,056
2,051
1,990
1,953
1,973
Aug 6
Aug. 13
Aug 20
Aug. 27
16,854
16,873
16,927
16,975
13,481
13,508
13,513
13,569
4,092
4,070
4,074
4,111
9,389
9,438
9,440
9,457
3,373
3,365
3,414
3,407
1,493
1,485
1,534
1,526
,879
,880
,880
,880
,375
,392
,363
,372
360
355
352
358
646
661
639
637
11,319
11,387
11,252
11,257
2,747
2,752
2,749
2,770
74
67
145
124
2,051
2,020
2,000
1,950
2,022
2,050
2,086
2,128
Sept 3
Sept 10
Sept 17
Sept 24
16,973
16,969
17,102
17,185
13,580
13,644
13,710
13,831
4,110
4,115
4,104
4,114
9,469
9,529
9,606
9,717
3,393
3,324
3,392
3,354
1,513
1,444
1,511
1,473
,881
,881
,881
,881
,395
,389
,390
,362
350
375
370
358
652
670
705
676
11,247
11,365
11,386
11,166
2,793
2,796
2,806
2,812
62
30
331
315
2,033
2,073
2,072
1,991
2,202
2.142
1,972
2.151
Oct.
Oct.
Oct
Oct.
Oct.
17,189
17,234
17,329
17,148
17,062
13,896
13,942
13,994
13,857
13,792
4,157
4,136
4,194
4,128
4,162
9,739
9,806
9,800
9,729
9,630
3,294
3,292
3,335
3.291
3 270
1,414
1,412
1.455
1,410
1,390
1,880
1,880
1,880
1,881
1,881
1,344
1,385
1,422
1,333
1,365
351
376
381
377
367
686
661
732
663
629
11,235
11,217
11,478
11,246
11,177
2,819
2,821
2,833
2,840
2.830
275
247
188
152
81
2,046
2,058
2,165
2,004
1,910
2,165
2,250
2,249
2,204
2,244
Date or month
Jan. 2
Jan. 9
Jan. 16
Jan 23
Jan. 30
1920
Total
loans
and
investments
1
8
15
22
29
Borrowings
at
Federal
Reserve
Banks
Nov
Nov.
Nov
Nov
5
12
19
26
16,980
16,877
16,839
16,777
13,716
13,617
13,505
13,475
4,107
4,066
4,046
4,068
9,609
9,551
9,459
9,407
3,264
3,260
3,334
3,302
1,383
1,378
1,450
1,416
1,881
1,881
1,883
1,885
1.335
1,370
1,344
1,287
.387
384
378
388
655
653
641
619
11,099
11,127
10,997
10,897
2,842
2,835
2,811
2,836
45
30
173
88
1,953
1,915
1,883
1,890
2,278
2,228
2,119
2,174
Dec.
Dec
Dec
Dec.
Dec
3
10
17
24
31
16,675
16,627
16 848
16,737
16,795
13,408
13,375
13,470
13,403
13,484
4,059
4,069
4,113
4,123
4,193
9,349
9,306
9,357
9,280
9,291
3,267
3,251
3,379
3,334
3,311
1,380
1,363
1,488
1,441
1,416
1,887
1,889
1,891
1,893
1,895
1,332
1,330
1,297
1,334
1,358
376
376
381
356
355
593
569
603
578
599
10,842
10,871
10,819
10,659
10,947
2,847
2,834
2,815
2,814"
2,877
18
17
400
344
262
1,806
1,823
1,906
1,851
1,974
2,210
2,144
2,032
2,174
2,098
16,682
16,652
16,853
16,983
16,992
16,971
16,921
16,907
17,057
17,192
16,868
16.737
12,743
12,888
13,242
13,344
13,352
13,426
13,507
13,518
13,691
13,896
13,578
13,428
4,737
4,504
4,454
4,390
4,303
4,249
4,181
4,087
4,111
4,155
4,072
4,111
8,006
8,384
8.788
8,954
9,050
9,177
9,326
9,431
9,580
9,741
9,507
9,317
3,939
3,764
3,611
3,639
3,640
3,546
3,414
3,390
3,366
3,296
3,290
3,308
1,963
1,798
1,654
1 693
1,711
1,647
1,535
1,510
1,485
1,416
1,407
1,418
1,976
1,965
1,957
1,945
1,928
1,899
1,880
1,880
1,881
1,880
1,883
1,891
1,431
1,406
1,411
1,420
1.402
1,402
1,405
1,375
1,384
1,370
1,334
1,330
390
368
368
366
369
371
367
356
363
371
384
369
679
693
685
681
649
678
674
645
590
11,581
11,487
11,605
11,551
11,511
11,504
11,471
11,304
11,291
11,271
11,030
10,828
2,457
2,534
2,595
2,632
2,671
2,704
2,729
2,755
2,802
2,829
2,831
2,838
468
116
59
151
99
159
106
103
185
189
84
208
2,153
2,097
2,081
2,111
2,005
2,043
2,037
1,910
1,884
1,803
2.019
2,053
2,069
2,085
1,981
2,005
2,072
2.117
2,222
2,200
2,132
Monthly averages:
January
February
March
April
May
June
July
August
September
October
November
December _ _ „ .,
134
BANKING AND MONETARY STATISTICS
NO. 4I--WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1M1_CoJttinued
[Friday figures through April 1921; Wednesday figures thereafter. In millions of dollars]
Investments
Loans
Total
loans
.and
investments
All
other
InterBalances
bank Borrowwith
ReU.S. deposits ings
serves Cash domestic Net
U.S.
in
banks demand Time GovernGovern- Other with
at
(12
deposits deposits ment Reserve Federal
ment secu- Federal vault
T> (12
deposits Bank Reserve
Reserve
Total direct rities Reserve
Bank
cities Banks
Banks
obligations
only)
cities
only)
4,103
4,026
4,032
3,983
9,237
9,149
9,092
9,046
3,266
3,267
3,317
3,270
1,337
1,319
1,378
1,339
1,928
1,948
1,939
1,931
1,357
1,317
1,334
1,311
389
360
345
337
587
567
541
504
10,943
10,933
10,759
10,648
2,934
2,958
2,943
2,944
119
78
210
146
2,058
2,005
1,949
1,878
2,050
1,894
1,934
1,908
Total
On
securities
16,606
16,442
-- 16,441
16,299
13,340
13,175
13,124
13,029
Date or month
1921
Jan
Jan
Jan
Jan
7
j4
21
28
Feb
Feb
peb
Feb
4
11
ig
25
— ..— 16,269
16,155
16,134
-„---- 16.144
13,027
12,941
12,863
12,882
3,992
3,960
3,940
3,953
9,035
8,980
8,924
8,929
3,242
3,215
3,270
3,262
1,320
1,302
1,336
1,328
1,922
1,912
1,934
1,933
1,320
1,309
1,294
1,297
333
314
324
327
528
493
504
508
10,658
10,636
10,558
10,500
2,949
2,943
2,932
2,934
102
61
142
122
1,858
1,844
1,847
1,844
1,900
1,873
1,847
1,891
Mar
Ma'r
Mar
Mar.
4
11
18
25
--- 16,097
16,020
16,121
16,028
-
12,883
12,796
12,746
12,715
3,963
3,925
3,902
3,895
8,P20
8,871
8,843
8,820
3,214
3,224
3,375
3,313
1,293
1,285
1,422
1,367
1,921
1,939
1,953
1,946
1,279
1,302
1,252
1,260
328
330
321
315
521
499
508
466
10,523
10,540
10,381
10,191
2,945
2,935
2,951
2,957
91
41
348
329
1,878
1,816
1,800
1,682
1,832
1,854
1,719
1,764
Apr
Apr
Apr,
Apr
Apr
]
8
15
22
29
15,947
15,822
15,801
15,674
15,648
12,678
12,584
12,484
12,408
12,375
3,910
3,862
3,821
3,819
3,832
8,768
8,722
8,662
8,589
8,544
3,270
3,238
3,318
3,266
3,273
1,317
1,306
1,377
1,325
1,315
1,952
1,932
1,940
1,941
1,958
1,263
1,252
1,270
1,240
1,245
300
317
308
313
330
501
493
526
482
480
10,276
10,209
10,268
10,132
-10; 143
2,950
2,948
2,949
2,963
2,963
326
304
329
254
251
1,765
1,749
1,743
1,685
1,658
1,685
1,631
1,581
1,583
1,523
May
May
May
May
4
11
18
25
15,627
15,534
---- 15,492
15,390
12,382
12,325
12,226
12,157
3,856
3,839
3,841
3,835
8,526
8.486
8,386
8,322
3,245
3,209
3,266
3,233
1,288
1,282
1,320
1,287
1,958
1.927
1,946
1,946
1,261
1,258
1,254
1,252
327
340
326
326
500
489
542
515
10,219
10,257
10,161
10,158
2,966
2,972
3,070
3,078
210
168
248
139
1,730
1,727
1,685
1,657
1,533
1,506
1,314
1,329
June 15
June 29
15,343
15,234
15,474
15,393
15,376
12,126
12,018
12,019
12,004
12,014
3,861
3,802
3,803
3,774
3,783
8,266
8,215
8,216
8,230
8,230
3,217
3,216
3,455
3,389
3,362
1,259
1,237
1,489
1,429
1,398
1,958
1,979
1,967
1,960
1,964
1,258
1,281
1,443
1,255
1,241
318
337
318
319
327
530
511
555
517
501
10,281
10,218
10,389
9,994
10,051
2,961
2,956
2,968
2,9*4
2,958
74
26
411
462
387
1,694
1,679
1,771
1,619
1,632
1,385
1,358
1,168
1,208
1,215
July 6
jujy 13
July 20
July 27
15,239
15,094
------ 14,995
— — 14,934
11,949
11,866
11,807
11,790
3,760
3,732
3,747
3,721
8,189
8,134
8,060
8,069
3,290
3,229
3,188
3,144
1,339
1,293
1,251
1,215
1,950
1,935
1,938
1,929
1,251
1,247
1,227
1,238
341
337
319
316
494
477
467
461
10,035
10,091
10,034
10,007
2,946
2,928
2,930
2,930
325
278
124
95
1,719
1,681
1,680
1,656
1,250
1,154
1,151
1,113
-«•--- 15,084
14,992
-— - 14,887
14,287
14,804
11,802
11,723
11,670
11,627
11, 622
3,702
3,678
3,667
'3,664
3,640
8,100
8,044
8,003
7,963
7,982
3,292
3,270
3,217
3,200
3,182
1,379
1,358
1,307
1,283
1,269
1,913
1,912
1,909
1,918
1,913
1,219
1,200
1,216
1,210
1,218
305
310
299
301
290
459
458
460
441
457
9,920
9,900
9,943
9,899
9,973
2,922
2,924
2,925
2,930
2,950
390
381
242
197
167
1,667
1,668
1,651
1,613
1,659
1,079
997
979
967
956
14,772
14,846
14,988
15,002
11,614
11,695
11,676
11,705
3,634
3,673
3,680
3,681
7,980
8,022
7,996
8,024
3,158
3,151
3,312
3,297
1,246
1,250
1,427
1,388
1,911
1,901
1,885
1,910
1,236
1,229
1,189
1,242
308
310
301
305
477
493
487
474
9,987
10,136
9,838
9,871
2,939
2,942
2,941
2,950
140
130
549
547
1,662
1,683
1,607
1,643
980
908
861
875
1,372
1,362
1,286
1,278
1,950
1,948
1,978
1,939
1,216
1,244
1,255
1,269
301
310
305
301
493
513
522
489
9,931
10,067
10,253
10,197
2,981
2,967
2,986
2,991
532
481
140
81
1,726
1,735
1,756
1,679
880
900
829
807
Aug
Aug
Aug.
Aug
Aug
3
10
17
24
31
Sept 7
Sept 14
--
Sept 21
Sept 28
Oct
Oct
Oct
Oct
5
12
19
26
15,072
.- -- 15,046
14,876
14,774
11,750
11,737
11,612
11,557
3,718
3,726
3,712
3,714
8,032 1
8, O i l
7,901
7,843
3,322
3,309
3,264
3,217
Nov
Nov
Nov
Nov
Nov
2
9
16
23
30
14,894
14,855
14,831
14,797
14,810
11,535
11,524
11,491
11,447
11,472
3,724
3,716
3,707
3,712
3,744
7,811
7,808
7,784
7,735
7,728
3,359
3,331
3,339
3,350
3,338
1,423
1,389
1,383
1,399
1,403
1,936
1,9*2
1,957
1,951
1,934
1,248
1,239
1,269
1,268
1,268
290
309
303
307
296
520
491
527
492
488
10,185
10,180
10,241
10,196
10,275
3,013
3,008
3,028
3,034
3,023
258
264
214
163
128
1,777
1,736
1,752
1,662
1,731
767
752
702
709
683
Dec
Dec
Dec
Dec.
7
14
21
28
— 14,804
--- -- 14,831
14,908
14,825
11,452
11,443
11,428
11,359
3,713
3,772
3,789
3,786
7,739
7,670
7,639
7.673
3,352
3,388
3,479
3,465
1,414
1,429
1,509
1,494
1,938
1,960
1,970
1,971
1,242
1,246
1,308
1,267
315
329
341
340
474
508
493
493
10,213
10,344
10,253
10,179
3,015
3,005
2,992
3,023
115
115
292
257
1,705
1,718
1,699
1,704
683
664
743
698
13,167
12,928
12,785
12,506
12,272
12,036
11,853
11,689
11,672
11,664
11,494
11,420
4,036
3,961
3,921
3,849
3,842
3,805
3,740
3,670
3,667
3,717
3,721
3,765
9,131
8,967
8,864
8,657
8,430
8,232
8.113
8,018
8,005
7,947
7,773
7,655
3,280
3,247
3,281
3,273
3,238
3,328
3,213
3,232
3,229
3,278
3,343
3,421
1,343
1,322
1,342
1,328
1,294
1,362
1,274
1,319
1,328
1,324
1,399
1,462
1,937
1,925
1,940
1,945
1,944
1,966
1,938
1,913
1,902
1,954
1,944
1,960
1,330
1,305
1,273
1,254
1,256
1,296
1,241
1,212
1,224
1,246
1,258
1,266
358
325
324
314
330
324
328
301
306
304
301
331
550
509
498
496
512
523
475
455
483
504
504
492
10,821
10,588
10,409
10,206
10,199
10,187
10,042
9,927
9,958
10,112
10,215
10,247
2,945
2,939
2,947
2,955
3,022
2,957
2,934
2,930
2,943
2,981
3,021
3,009
138
107 1
202
293
191
272
206
276
342
308
205
195
1,973
1,848
1,794
1,720
1,700
1,679
1,684
1,652
1,649
1,724
1,732
1,707
1,947
1,878
1,792
1,601
1,421
1,267
1,167
996
906
854
723
697
Monthly averages:
January
February
March
. April
May
June
,
July
A Uff U9t
September
October
December
16,447
16,176
16,066
15,778
15,511
15,364
15,065
14,921
14,902
14,942
14,837
14,842
t
REPORTING MEMBER BANKS
135
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Loans
Investments
Total
On
securities
All
other
Total
U.S.
Govern
ment
direct
obligations
14,816
14,726
14,656
14,579
11,349
11,249
11,158
11,062
3,791
3,736
3,685
3,633
7,558
7,513
7,473
7,428
3,467
3,477
3,498
3,517
1,494
1,504
1,526
1,528
1,973
1,973
1,972
1,989
1,314
1,325
1,267
1,250
327
316
288
278
537
499
498
476
10,421
10,432
10,337
10,276
3,036
3,044
3,043
3,046
257
239
186
118
1,853
1,834
1,809
1,776
647
531
468
409
Feb. 1
Feb 8
Feb. 15
Feb. 21
14,753
14,685
14,729
14,587
11,020
11,015
11,072
10,993
3,671
3,681
3,676
3,636
7.349
7,335
7,397
7,357
3,733
3,670
3,656
3,59.3
1,762
1,700
1,687
1,629
1,971
1,969
1,969
1.966
1,285
1,308
1,333
1,269
266
27S
270
270
516
456
544
490
10,303
10,241
10,326
10,250
3,004
3,029
3,087
3,116
350
450
423
301
1,927
1,812
1,919
1,820
400
395
378
321
Mar. 1
Mar. 8
Mar. 15
Mar. 22
Mar. 29
14,590
14,572
14,682
14,650
14,589
11,060
11,038
11,051
11,035
10,984
3,665
3,638
3,653
3,6373,610
7,394
7,400
7,398
7,398
7,374
3,531
3,533
3,631
3,615
3,605
1,584
1,596
1,686
1,657
1,635
1,947
1,938
1,945
1,958
1,970
1,314
1,304
1,423
1,257
1,293
263
277
266
271
276
502
508
509
477
466
10,354
10,339
10,603
10,343
10,314
3,109
3,130
3,139
3,158
3,156
280
278
241
224
199
1,924
1,931
1,970
1,835
1,802
318
255
226
252
268
Apr 5
Apr. 12
Apr 19
Apr. 26
14,621
14,624
14,749
14,756
11,020
11,003
10,992
10,992
3,637
3,597
3,683
3,712
7,383
7,406
7,309
7,280
3,601
3,622
3,757
3,764
1,624
1,643
1,744
1,752
1,977
1,978
2,013
2,011
1,314
1,312
1,344
1,325
273
284
280
278
496
511
483
507
10,461
10,570
10,634
10,681
3,146
3,163
3,198
3,209
158
143
243
208
1,916
1.891
1,899
1,886
267
223
210
159
May 3
May 10
May 17
May 24
May 31
14,840
14,907
14,979
15,040
15,074
11,014
11,023
11,063
11,070
11,053
3,744
3,751
3,848
3,869
3,914
7,270
7,272
7,214
7,201
7,140
3,825
3,884
3,916
3,970
4,020
1,787
1,819
1,822
1,858
1,860
2,038
2,064
2,094
2,112
2,161
1,353
1,390
1,394
1,403
1,364
277
281
271
281
280
506
500
501
495
493
10,773
10,834
10,973
10,958
11,054
3,223
3,268
3,238
3,268
3,257
189
180
145
132
132
1,944
1,954
1,943
1,913
1,983
180
150
151
166
157
June 7
June 14
June 21
June 28
JulyS
July 12
July 19
July 26
- 15.167
15,258
15,309
15,233
11,036
11,093
11,034
10,932
3,923
3,943
3,909
3,859
7,113
7,150
7,124
7,074
4,131
4,165
4,275
4,301
1,986
2,022
2,105
2,126
2,145
2,143
2,170
2,176
1,398
1,393
1,386
1,440
282
284
277
278
519
539
517
501
11,021
11,203
11,197
11,129
3,331
3,307
3,354
3,405
288
250
178
124
1,994
1,991
1,948
1,911
117
116
123
165
15,285
15,256
15,242
15,234
10,992
10,992
10,961
10,892
3,946
3,916
3,890
3,829
7,047
7,076
7,071
7,064
4,292
4,264
4,282
4,342
2,115
2,106
2,133
2,151
2,177
2,158
2.149
2.191
1,401
1,438
1,432
1,386
296
298
284
275
544
579
536
503
11,093
11,204
11,106
11,048
3,496
3,508
3,512
3,540
121
110
100
99
2,034
2,047
1,976
1,951
206
142
158
98
2
9
16
23
30
15,401
15,378
15,387
15,361
•15,339
10,959
10,948
10,964
10,921
10,916
3,871
3,862
3,880
. 3,846
3.849
7,089
7,087
7,083
7,075
7,067
4,442
4,429
4,423
4,440
4,422
2,282
2,270
2,241
2,271
2,280
2,160
2,159
2,183
2,168
2,143
1,404
1,352
1,360
1,357
1,378
270
276
263
269
274
521
521
524
508
510
11,139
10,985
11,018
10,945
10,947
3,532
3,594
3,613
3,613
3.624
197
199
177
179
178
1,998
1,958
1,932
1,892
1,895
117
105
Sept. 6
Sept. 13
Sept 20
Sept. 27
15,378
15,421
15,485
15,499
10 976
11,051
11,095
11,144
3,845
3,900
3,930
,3,959
7,131
7,152
7,165
7,184
4,402
4,370
4,389
4,355
2,274
2;264
2.288
2,244
2,128
2,106
2,101
2,111
1,369
1,363
1,339
1,358
283
291
283
281
543
557
523
513
10,998
11,149
11,066
11,090
3,628
3,589
3,600
3,598
178
158
148
146
1,949
1,981
1,941
1,908
137
121
164
159
Oct.
Oct.
Oct.
Oct.
4
11
18
25
15,555
15,608
15,930
15,835
11,212
11,279
11,466
11,410
3,991
3,984
4.154
4.112
7,221
7,295
7,312
7,298
4,343
4,328
4,464
4,425
2,240
2,214
2.358
2,326
2,103
2,114
2,106
2,099
1,397
1,440
1,465
1,346
282
300
296
289
548
568
598
553
11,173
11,262
11,311
11,167
3,610
3,605
3,629
3,653
126
100,
303
260
2,032
2,029
2,056
1,«34
182,
278
274 '
227
Nov. 1
Nov. 8
Nov. 15
Nov. 22
Nov. 29
15,859
15,834
15,819
15,764
15,806
11,439
11,429
11,397
11,354
11.383
4,155
4,102
4,098
4,069
4,094
7,284
7,328
7,299
7,285
7,289
4,420
4,405
4.422
4,410
4,424
2,311
2,308
2,314
2,308
2,319
2,109
2,097
2,108
2,102
2,105
1,400
1,370
1,392
1,376
1,356
278
316
294
294
286
545
559
591
551
527
11,193
11,138
11,132
11,044
11,099
3,667
3,673
3,677
3,684
3,673
222
201
190
172
171
1,950
1,939
1,975
1,857
1,923
341
396
403
360
382
Dec. 6 Dec. 13
Dec. 20
Dec. 27
.
15,831
15,835
16,161
16,197
11,413
11,424
11,448
11,495
4,121
4,089
4,110
4,173
7,291
7,335
7,338
7,322
4,418
4,410
4,714
4,702
2,313
2,296
2,587
2,574
2,105
2,114
2,127
2,128
1,392
1,360
1,385
1,394
309
320
345
358
531
532
537
552
11,015
11,117
11,191
11,260
3,720
3,716
3,712
3,733
163
151
511
471
1,878
1,856
1,951
1,991
450
397
351
370
14,694
14,688
14,617
14,688
14,968
15,242
15,254
15,373
15,446
15,732
15,816
16.006
11,204
11,025
11,034
11,002
11,045
11,024
10,959
10,942
11,066
11,342
11,400
11,445
3,711
3,666
3,641
3,657
3,825
3,909
3,895
3,862
3,908
4,060
4,103
4,123
7,493
7,359
7,393
7,345
7,219
7,115
7,064
7,080
7,158
7,282
7,297
7,322
3,490
3,663
3,583
3,686
3,923
4,218
4,295
4,431
4,379
4,390
4,416
4,561
1,513
1,695
1,632
1.691
1,829
2,060
2,126
2,269
2,268
2,284
2,312
2,442
1,977
1,969
1,951
1,995
2,094
2,158
2,169
2,163
2,111
2,106
2,104
2,119
1,289
1,299
1,318
1,324
1,381
1,405
1,414
1,370
1,357
1,412
1,379
1,383
302
271
271
279
278
280
288
271
285
292
294
333
503
502
492
499
499
519
541
517
534
567
555
538 '
10,367
10,280
10,391
10,587
10,919
11,138
11,113
11,007
11,076
11,228
11,121
11,146
3,042
3,059
3,138
3,179
3,251
3,349
3,514
3,595
3,604
3,624
3,675
3,720
213
381
244
188
156
210
108
186
158
197
191
324
1,818
1,870
1,892
1,8Q8
1,947
1,961
2,003
1,035
1,945
2,015
1,929
1,917
514
374
264
215
161
130
151
115
145
240
376
392
Date or month
Jan 4
Jan. 11
Jan 18
Jan 25
Aug.
Aug.
Aug.
Aug.
Aug.
1922
Monthly averages:
January.*
February
March
April
May
June
July
August ,
September
October
November.
December „,
Total
loans
and.
investments
Balances
Interwith
Rebank Borrowserves Cash domestic Net
U.S. deposits ings
Other
in
with
banks demand Time Governat
(12
secu- Federal vault
deposits deposits ment Reserve Federal
(12
rities Reserve
Reserve
deposits Bank Reserve
Bank
Banks
cities Banks
cities
only)
only)
no
117
127
136
BANKING AND MONETARY STATISTICS
NO, 48-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, UU-WI-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Date or month
Total
loans
and
investments
Total
On
securities
All
other
InterBalances
with
Rebank
serves Cash domestic Net
U.S.
U.S. deposits
Govern- Other with
banks demand Time Govern
(12
in
(12
deposits deposits ment Reserve
ment secu- Federal vault
Reserve
Total direct rities Reserve
deposits Bank
Bank
obligacities
Banka
cities
tions
only)
only)
Borrowings
at
Federal
Reserve
Banks
Jan.
Jan
Jan.
Jan,
Jan
1923
16,293
3
16,124
10
17
..._ 16,321
24 ....._...... 16,192
16,234
31
11,684
11,563
11,579
11,470
11,504
4,324
4,200
4,218
4,119
4,108
7,360
7,363
7,361
7,351
7,396
4,608
4,562
4,742
4,722
4,730
2,528
2,520
2,691
2,668
2,660
2,080
2,042
2,052
2,054
2,070
1,455
1,470
1,431
1,440
1,441
326
317
290
288
275
606
592
579
530
520
11,532
11,601
11,605
11,524
11,542
3,771
3,738
2,758
3,738
3,752
351
186
299
181
150
2,148
2,198
2,183
2,064
2,061
390
289
296
359'
379
Feb.
Feb
Feb
Feb.
7
14
21
28
16,184
16,242
, .. 16,206
.._— 16,272
11,505
11,576
11,599
11,707
4,055
4,109
4,122
4, ISO
7,450
7,466
7,476
7,517
4,678
4,666
4,608
4,564
2,642
2,631
2,583
2.534
2,037
2,035
2,025
2,030
1,427
1,481
1,422
1,405
284
287
289
277
499
546
503
529
11,490
11,617
11,451
11,530
3,745
3,750
3,795
3,798
134
114
99
100
2,052
2,057
2,009
2,162
357
446
417
386
Mar.
Mar
Mar.
Mar
7 - .... _ — 16,279
16,317
14
21
„... 16,436
16.438
28
11,707
11,796
11,823
11,857
4,100
4,091
4,133
4,141
7,607
7,705
7,690
7,717
4,572
4,522
4,613
4,580
2,546
2,519
2,613
2,579
2,026
2,002
2,000
2,001
1,400
1 440
•1,385
1,392
285
289
276
283
507
514
494
481
11,390
11,469
11,189
11,087
3,879
3,914
3,946
3,971
100
109
326
337
2,122
2,060
1,974
1,949
372
406
416
475
Apr
Apr.
Apr
Apr.
4
11 .
18
25
16,508
...... 16,439
16,414
.... 16,409
11,958
11,903
11,899
11,917
4,212
4,148
4,164
4,168
7,746
7,755
7,735
7,748
4,551
4,536
4,515
4,492
2,559
2,541
2,522
2,505
1,991
1,995
1,993
1.987
1,404
1,384
1,435
1,365
283
289
279
281
518
516
527
484
11,217
11,256
11,223
11,161
3,982
3,974
3,990
4,012
337
336
300
266
2,068
2,007
1,974
1,904
469
396
412
402
May
May
May
May
May
2
9
16
23
29,
16,505
16,428
16,575
16,496
16,428
12,072
12,008
12,024
11,978
11,926
4,310
4,222
4,209
4,180
4,180
7,762
7,786
7,815
7,798
7,746
4,433
4,420
4,552
4,518
4,502
2,454
2,459
2,584
2,557
2,524
,979
,961
.967
,962
,978
1,409
1,399
1,423
1,429
1,383
276
288
273
283
282
520
489
525
491
500
11,289
11,198
11,224
11,220
11,177
4,020
3,993
3,990
4,011
4,028
251
240
416
2S2
192
1,990
1,925
1,897
1,870
1,862
486
449
445
436
459
16,404
16,409
„ „ _ _ 16,418
..-_ - 16,480
11,895
11,910
11,877
11,937
4,181
4,157
4,120
4,169
7,715
7,753
7,758
7,768
4,508
4,499
4,541
4,542
2,544
2,541
2,575
2,559
,965
,958
,965
,S83
1,403
1,417
1,354
1,387
293
290
279
282
502
512
491
473
11,175
11,323
11,097
11,107
4,023
4,015
4,020
4,024
147
147
256
256
1,878
1,880
1,829
1,822
471
441
462
491
...____
......
___.
.........
June 6
June 20
June 27
July
July
July
July
3
.....
11
--I8..__... — —
25
- -
16,564
16,435
16,341
16,277
12,044
11,945
11,853
11,805
4,249
4,172
4,096
4,085
7,796
7,773
7,757
7,720
4,519
4,490
4,488
4,472
2,535
2,517
2,489
2,465
1,984
1,973
1,998
2,007
1,438
1,421
1,396
1,353
285
307
285
283
541
504
497
461
11,257
11,235
11,167
11,082
4,036
3,993
4,006
3,990
227
180
157
146
1,959
1,943
1,870
1,808
644
565
527
472
Aug
Aug
Aug
Aug.
8
......
15
- -22
__=„-.
29., ...... ...
16,281
16,208
16,202
16, HO
16,176
11,829
11,784
11,790
11,765
11,795
4,054
3,994
3,987
3,955
3.S82
7,775
7,790
7,803
7,810
7,812
4,452
4,424
4,412
4,376
4,382
2,459
2,445
2,437
2,415
2,419
1,993
1,976
1,975
1,901
1,963
1,393
1,380
1,357
1,338
1,363
272
295
279
281
283
490
454
501
466
452
11,083
10,988
11.011
10,893
10,883
3,996
3,996
3,996
,005
,030
147
147
132
132
122
1,927
1,861
1,874 1
1,813
1,807
516
540
511
489
521
---_.«,„.-.-_...--
16,216
16,280
16,381
16,344
11,860
11,928
11,976
11,958
4,003
4,005
4,055
4,048
7,856
7,923
7,921
7,910
4,357
4,351
4,405
4,386
2,400
2,388
2,434
2,411
1,957
1,963
1,971
1,975
1,365
1,377
1,337
1.363
287
293
286
284
503
504
513
495
10.965
11,084
11,022
10, §93
110
,033
,029 1 98
236
,036
23B
4,044
1,899
1,894
1,904
1,835
557
557
491
573
----....
......
. _ -.
.--_..
16,421
16,388
16,382
16,336
16,377
12,066
12,035
12,037
11,993
12,013
4, 111
4,037
4,038
4,019
4,054
7,955
7,998
7,999
7,975
7,959
4,355
4,353
4,345
4,346
4,363
2,398
2,402
2,389
2,381
2,362
1,957
1,951
1,956
1,965
2,001
1,393
1,369
1,407
1,348
1,385
287
305
290
290
283
518
522
566
533
542
11,047
11,062
11,188
11,079
11,160
4,041
4,035
4,049
4,058
4,057
236
209
131
107
98
1.975
1,847
1,926
1,841
1,933
598
590
582
561
593
16,314
16,312
_ _ _ _ _ _ 16,266
16,256
11,987
11,993
11,960
11,962
4,040
4,040
4,071
4,071
7,947
7,953
7,888
7.8S1
4.327
4,320
4,306
4,294
2,352
2,341
2,306
2,301
1,976
1,978
2,000
1,992
1,355
1,402
1,387
1,382
305
300
290
297
533
551
532
503
11,132.
11,278
11,160
11,109
4,059
4,054
4,047
4,073
97
73
55
49
1,927
1,967 |
1,870
1,850
539
504
467
508
16,267
16,268
. „ _ . . _ 16,366
16,371
11,981
11,970
12.006
11,982
4,099
4,104
4,167
4,198
7,882
7,865
7,839
7,784
4,285
4,299
4,360
4,388
2,299
2,314
2,359
2,375
1,986
1,984
2,002
2,013
1,381
1,421
1,352
1,376
305
321
336
355
512
11,113
522 i 11,254
11,105
524
11,036
514
4,069
4,084
4.083
4,097
42
34
198
188
1,947
1,981
1,904
1,929
474
489
470
575
11,560
11,597
11,796
11,912
12,002
1 1 , 905
11,912
11,792
11,930
12,029
1 1 , 975
11,985
4,194
4,119
4,116
4,173
4,220
4,157
4,150
3,994
4,028
4,052
4,056
4,142
7,366
7,477
7,680
7,746
7,781
7.748
7,761
7,798
7,903
7,977
7 920
7,843
4 673
4,629
4,572
4,523
4,485
4,522
4,492
4,409
4,375
4,352
4,312
4,333
2,613
2,597
2,564
2,532
2,5J6
2,555
2,502
2,435
2,408
2,386
2,325
2,337
2,059
2,032
2,007
,991
,969
,968
,991
,974
,966
,966
,987
,996
1,447
1,434
1,404
1,397
1,408
1,400
1.402
1,368
1,360
1,381
1,382
1,382
299
284
283
283
280
286
290
282
287
291
298
329
566
519
499
511
505
494
501
473
504
534
530
518
3,751
11,561
11,522
3,772
3,928
11,284
3,990
11,214
11,222
4,008
11,176
4,020
4,006
11,198
4,005
10,968
10,991 i 4,035
11,107
4,048
4,058
11.170
4,083
11,127
233
112*
218
310
276
201
177
136
170
156
08
114
2,131
2,070
2,026
1,988
1,909
1,852
1,895
1 , 858
1,883
1 , 904
1,904
1,935
343
402
417
420
455
466
552
516
545
585
505
502
Sept 5
Sept. 12
Sept 19
Sept. 26
Oct.
Get
Oct.
Oct.
Oct.
3
10
17
24 .
31
Nov.
Nov
Nov.
Nov.
7
14
21
28
Dee
Dec
Dee
Dec;
5
12
19
26
..
- ---
Monthly averages:
January
February
March ..
._-.
April
May
June _ » . ~ July
August
September „„<,„„
October.. _.....November
December.,
,
16,233
16,226
16,368
16,443
16,487
16,428
16,404
16,201
16,305
16,381
16,287
16,318
REPORTING MEMBER BANKS
137
NO. 43-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Confinued
[Wednesday figures. In millions of dollars]
Investments
Loans
Date or month
Jan 2
Jan. 9
Jan 16
Jan 23
Jan. 30
Total
loans
and
investments
All
other
Total
4,381
4,261
4,215
4,213
4,189
7,742
7,730
7,727
7,714
7,769
4,382
4,330
4,321
4,325
4,307
2,342
2,327
2,340
2,331
2,317
2,040
2,003
1,980
1,994
1,990
1,452
1,427
1,431
1,432
1,422
322
311
280
277
273
583
507
531
501
473
11,441
11,288
11,311
11,213
11,242
4,128
4,130
4,136
4,161
4,121
163
154
139
139
139
2,159
2,034
2,052
2,015
1,082
533
349
284
294
273
Total
On
securities
16,505
16,321
16,263
16,252
16,266
1924
Balances
Interwith
Rebank BorrowNet
serves Cash domestic
U.S.
U.S. deposits ings
with
Govern- Other
in
banks demand Time Governat
(12
deposits deposits ment Reserve Federal
ment
secu- Federal vault
(12
direct rities Reserve
Reserve
deposits Bank Reserve
Bank
Banks
obligacities Banks
tions
cities
only)
only)
12,123
11,991
11,942
11,926
11,959
6
13
20
27
-- - 16,329
.__ — 16,332
- - 16,293
16,324
12,012
12,019
12,013
11,972
4,193
4,167
4,188
4,145
7,819
7,852
7,825
7,827
4,312
4,309
4,319
4,322
2,335
2,318
2,315
2,304
1,976
1,991
2,005
2,017
1,404
1,413
1,395
1,416
273
298
281
280
494
518
497
476
11,278
11,407
11,238
11,170
4,144
4,156
4,200
4,208
139
125
125
124
2,068
2,017
1,987
1,970
255
317
270
297
Mar 5
Mar. 12
Mar 19
Mar. 26
16,306
16,396
16,552
16,519
12,038
12,105
12,225
12,182
4,145
4,170
4,231
4,178
7,893
7,935
7,994
8.004
4,268
4,290
4,327
4,337
2,253
2,283
2,317
2,317
2,015
2,008
2,010
2,019
1,407
1,442
1,480
1,412
279
279
274
281
493
501
527
478
11,178
11,352
11,422
11,175
4,217
4,214
4,217
4,258
125
125
245
237
2,061
2,013
2,129
1,985
262
258
206
253
Apr 2
Apr. 9
Apr 16
Apr. 23
Apr 30
16,574
16,515
16,561
16,560
16,613
12,227
12,185
12,195
12,191
12,262
4,222
4,168
4,196
4,206
4,298
8,005
8,017
7,999
7,985
7,965
4,347
4,330
4,366
4,369
4,351
2,307
2,288
2,286
2,280
2,225
2,040
2,042
2,080
2,089
2,125
1,433
1,436
1,439
1,435
1,452
269
282
273
283
269
494
479
521
513
517
11,250
11,167
11,344
11,293
11,443
4,253
4,264
4,274
4,288
4,311
238
237
224
204
207
2,045
1,996
1,983
1,939
2,092
300
306
242
238
204
May 7
May 14
May 21
May 28
16,630
16,677
16,575
16,588
...---
12,226
12,210
12,139
12,114
4,261
4,219
4,220
4,186
7,965
7,991
7,919
7,928
4,404
4,467
4,436
4,474
2,269
2,281
2,267
2,266
2,135
2,186
2,169
2,208
1,456
1,446
1,450
1,444
285
284
278
287
521
545
524
504
11,383
11,500
11,407
11,407
4,325
4,328
4,340
4,347
204
183
118
89
2,025
2,027
1,967
1,931
208
178
174
181
June 4
June 11
June 18
June 25
- 16,649
12,119
12,257
12,294
12,327
4,226
4,291
4,346
4,378
7,893
7,966
7,948
7,949
4,530
4,530
4,569
4,637
2,273
2,286
2,324
2,342
2,257
2,244
2,245
2,295
1,486
1,536
1,593
1,542
287
287
275
279
524
622
671
669
11,574
11,790
11,888
11,842
4,350
4,372
4,403
4,438
89
80
129
129
2,077
2,178
2,324
2,291
160
140
116
106
_._„--- 17,062
17,057
17,123
17,159
17,253
12,341
12,389
12,410
12,406
12,454
4,439
4,431
4,489
4,494
4,543
7,902
7,957
7,621
7,912
7,911
4,721
4,668
4,713
4,752
4,799
2,408
2,365
2,389
2,432
2,433
2,314
2,304
2.324
2,321
2,366
1,518
1,535
1,583
1,566
1,588
292
299
274
274
285
646
663
725
703
716
11,999
12,026
12,167
12,140
12,238
4,443
4,462
4,507
4,515
4,517
129
114
101
100
96
2,392
2,415
2,482
2,448
2,464
133
84
84
70
72
6
13
20
27
-- - 17,326
17,434
17,514
17,510
12,537
12,592
12,638
12,611
4,521
4,584
4,624
4,600
8,016
8,008
8,014
8,011
4,789
4,842
4,875
4,899
2,426
2,462
2,474
2,492
2,363
2,380
2,401
2,406
1,592
1,615
1,593
1,582
276
278
271
275
744
769
700
713
12,296
12,431
12,425
12,431
4,548
4,579
4,576
4,582
96
96
96
96
2,586
2,636
2,615
2,492
Sept. 3
Sept 10
Sept, 17
Sept. 24
17,562
17,609
17,859
17,997
12,622
12,662
12,758
12,856
4,687
4,629
4,672
4,713
7,936
8,034
8,086
8,142
4,940
4,947
5,100
5,141
2,533
2,530
2,655
2,684
2,407
2,417
2,445
2,457
1,601
1,623
1,747
1,609
281
293
279
283
724
730
788
735
12,484
12,605
12,795
12,636
4,590
4,602
4,647
4,689
86
75
233
233
2,562
2,611
2,747
2,658
108
74
77
75
Oct. 1
Oct 8
Oct. 15
Oct. 22
Oct 29
18,181
18,136
18,207
18,288
18,274
12,968
12,912
12,961
13,011
12,922
4,781
4,703
4,697
4,784
4,665
8,188
8,210
8,263
8,227
8,256
5,213
5,223
5,246
5,277
5,352
2,690
2,702
2,697
2,722
2,750
2,522
2,522
2,550
2,555
2,603
1,617
1,669
1,656
1,637
1,643
273
291
292
2S1
293
746
727
794
749
709
12,876
12,811
13,050
13,019
12,928
4,701
4,722
4,758
4,769
4,808
233
232
210
200
199
2,738
2,687
2,737
2,640
2,591
92
104
104
67
65
Nov.
Nov.
Nov.
Nov.
5
12
19
26
18,288
18,367
18,369
18,405
12,917
13,011
12,955
12,992
4,701
4,749
4,724
4,785
8,216
8,263
8,231
8,207
5,371
5,356
5,414
5,413
2,736
2,709
2,761
2,771
2,636
2,647
2,654
2,642
1,595
1,642
1,693
1,622'
311
314
294
305
719
793
716
704
12,952
13,201
13,096
13,070
4,832
4,850
4,891
4,886
200
168
140
140
2,697
2,636
2,590
2,528
77
72
82
66
Dec
Dec,
Dec.
Dec
Dec.
3
10
17
24
31
18,432
18,472
18,472
18,481
18.468
13,027
13,074
13,084
13,109
13.143
4,838
4,900
4,915
4,954
4,980
8,189
8,174
8,169
8,155
8,164
5,405
5,398
5,388
5,372
5,325
2,773
2,765
2,751
2,737
2,683
2,632
2,633
2,637
2,635
2,642
1,721
1,666
1,691
1,697
1,677
310
321
338
333
324
705
681
699
657
662
13,217
13,218
13,174
13,050
13,259
4,855
4,855
4,845
4,843
4,878
132
85
180
169
166
2,645
2,535
2,487
2,398
2,635
103
110
133
224
154
16,321
16,319
16,443
16,565
16,618
16,816
17,131
17,446
17,757
18,217
18,357
18.465
11,988
12,004
12,138
12,212
12,172
12,249
12,400
12,594
12,725
12,955
12,969
13,087
4,252
,173
,181
,218
,221
,310
,479
,582
4,675
4,726
4,740
4,917
7,736 4,333
7,831 4,315
,306
7,956
,352
7,994
7,951 * ,445
,567
7,939
7,921
,731
8,012 4,851
8,049 5,032
8,229 5,262
8,229 5,389
8,170 5,378
2,331
2,318
2,292
2,277
2,271
2,306
2,405
2,464
2,600
2,712
2,744
2,742
2,002
1,997
2,013
2,075
2,175
2,260
2,326
2,388
2,432
2,550
2,645
2,636
1,433
1,407
1,435
1,439
1,449
1,539
1,558
1,595
1,645
1,644
1,638
1,691
292
283
278
275
283
282
285
275
284
288
306
325
522
496
498
505
512
622
691"
732
745
745
733
681
11,299
11,273
11,282
11,299
11,424
11,773
12,114
12,396
12,630
12,937
13,080
13,184
4,135
4,177
4,227
4,278
4,335
4,391
4,489
4,571
4,632
4,752
4,865
4,855
147
128
183
222
149
107
108
96
157
215
162
147
2,048
2,011
2,048
2,011
1,989
2,218
2,440
2,557
2,645
2.679
2,613
2,540
347
285
245
258
185
131
89
61
83
86
75
145
Feb
Feb
Feb.
Feb
-
July 2
16,786
16,863
16,964
July 9
Julv 16
July 23
July 30
Aug.
Aug
Aug.
Aug
Monthly averages:
January
February
March
April
May
June _.
July
August
September
October
November
December
.
62
64
61
59
138
BANKING AND MONETARY STATISTICS
MO. 48-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, tSI 9-1 Mi-Continued
[Wednesday figures. In millions of dollars]
Loans
Investments
Total
On
securities
All
other
Balances
Interwith
Rebank BorrowU.S.
serves Cash domestic Net
U.S. deposits ings
banks demand Time Govern
Govern- Other with
in
(12
at
ment secu- Federal vault
deposits deposits ment Reserve Federal
(12.
Reserve
deposit; Bank Reserve
Total direct rities Reserve
obligaBank
Banks
cities 1 Banks
cities
tions
only)
only)
— . 18,532
--- 18,552
18,509
.. ... 18,415
13,191
13,209
13,175
13,140
5,019
4,996
5,012
5,006
8,172
8,213
8,163
8,134
5,341
5,343
5,334
5,274
2,730
2,747
2,747
2,693
2,611
2,597
2,587
2,581
1,699
1,717
1,599
1,637
327
306
286
279
694
718
667
628
13,285
13,360
13,148
13,019
4,878
4,882
4,898
4,905
160
136
135
136
Total
loans
and
investments
Date or month
Jan.
Jan
Jan
Jan
1925
7
14
21
28
Feb
Feb
Feb
Feb
4
11
18
25
...
— 18,449
18,429
.... 18,458
18,419
13,209
13,212
13,268
13,241
5,051
5,054
5,051
5,070
8,159
8,158
8,217
8,170
5,239
5,217
5,191
5,179
2,648
2,627
2,611
2,610
2,591
2.5&0
2,580
2,569
1,652
1,648
1,644
1,679
278
295
281
295
633
646
641
649
13,045
13,098
13,000
12,937
4,929
4,954
4,965
4,980
134
113
121
113
Mar
Mar
Mar
Mar
4
11
18
25
18,462
- -.- 18,507
_ - _ _ _ . _ _ 18,618
18,507
13,350
13,356
13,322
13,252
5,120
5,101
5,149
5,118
8,230
8,254
8,173
8,133
5,112
5,151
5,296
5,255
2,565
2,592
2,731
2,677
2,547
2,559
2,565
2,578
1,624
1,663
1,635
1,585
282
289
277
281
672
637
632
584
12,928
13,062
12,882
12,593
4,974
4,983
5,002
5,063
Apr
Apr
Apr
Apr
Apr
1
8
15
22
29
. . . . 18,595
18,515
-. -- — 18,507
18,536
18,619
13,327
13,263
13,258
13,264
13,370
5,096
5,042
5,027
5,125
5,199
8,232
8,222
8,231
8,140
8,171
5,267
5,252
5,249
5,272
5,249
2,659
2,641
2,633
2,649
2,608
2,608
2,611
2,616
2,622
2,641
1,602
1,606
1,596
1,629
1,605
268
289
277
282
283
631
598
658
613
598
-.
..
2,701
2,649
2,551
2,435
115
123
65
129
2,526
2,541
2,525
2,392
183
194
205
289
113
113
318
318
2,495
2,428
2,374
2,235
255
269
196
219
12,760
12,639
12,726
12,769
12,818
318
5,081
301
5,083
5,080 1 246
207
5,092
209
5,091
2,509
2,300
2,319
2,211
2,214
236
215
235
248
211
i
May 6
May 13
May 20
May 27
..
18,575
18,524
18,497
_ _ _ 18,510
13,335
13,320
13,254
13,268
5,188
5,138
5,150
5,192
8,147
8,181
8,105
8,076
5,240
5,205
5,243
5,242
2,572
2,578
2,612
2,586
2,668
2,626
2,632
2,656
1,643
1,613
1,588
1,605
279
286
276
285
626
647
635
617
12,799
12,821
12,699
12,650
5,129
5,165
5,189
5,200
192
185
133
140
2,311
2,233
2,183
2,129
233
160
153
218
June 3
June 10
June 17
Juae 24
...._. 18,608
18,639
_- .. - 18,672
18,645
13,356
13,369
13,384
13,391
5,262
5,256
5,313
5,327
8,094
8,113
8,070
8,064
5,252 1 2,608
5,270 2,623
5,288 2,627
5,254 2,587
2,644
2,648
2,661'
2,668
1,608
1,616
1,664
1,601
278
286
275
278
658
633
655
601
12,796
12,823
12,870
12,730
5,182
5,191
5,217
5,217
138
125
114
117
2,208
2,250
2,264
2,218
215
229
251
255
July 1
July 8
July 15
July 22 _
July 29
18,833
— ... . 18,717
18,709
_ _ _ _ _ _ _ 18,687
18,663
13,568
13,474
13,481
13,434
13,411
5,466
5,386
5,351
5,323
5,325
8,102
8,088
8,130
8,111
8,086
5,265
5,243
5,229
5,253
5,252
2,582
2,575
2,589
2,591
2,587
2,682
2,668
2,640
2,662
2,665
1,659
1,613
1,644
1,615
1,603
278
290
277
275
273
660
632
669
631
570
13,060
12,866
12,993
12,839
12,824
5,201
5,193
5,193
5,193
5,203
113
89
76
76
72
2,375
2,290
2,263
2,159
2,124
307
248
261
243
260
AUK
Aug
Aug
Aug
18,730
,
18,792
.. - — 18,790
18,786
13,508
13,571
13,573
13,576
5,358
5,379
5,384
5,389
8,150
8,192
8,189
8,187
5,222
5,221
5,217
5,210
2,580
2,576
2,567
2,560
2,642
2,644
2,651
2,650
1,662
1,632
1,633
1,635
271
281
267
271
577
591
563
544
12,840
12,909
12,817
12,761
5,206
5,211
5,223
5,232
71
52
52
52
2,218
2,209
2,129
2,109
337
340
357
370
18,857
18,836
18,999
18,984
19,212
13,677
13,642
13,799
13,833
14,033
5,425
5,357
5,424
5,437
5,595
8,253
8,286
8,375
8,396
8,438
5,180
5,194
5,201
5,151
5,179
2,548
2,546
2,559
2,536
2,532
2,631
2,648
2,642
2,614
2,647
1,632
1,648
1,625
1,645
1,646
267
288
277
283
284
.569
571
637
593
620
12,854
12,819
12,971
12,766
13,052
5,227
5,231
5,213
5,217
5,262
51
34
192
192
191
2,175
2,150
2,307
2,176
2,330
373
442
303
455
444
19,193
19,249
19,256
. . . 19,257
14,017
14,059
14,069
14,085
5,553
5,501
5,579
5,596
8,464
8,557
8,490
8,489
5,175
5,190
5,188
5,171
2,534
2,534
2,537
2,530
2,641
2,656
2,651
2,641
1,659
1,649
1,640
1,662
292
301
289
285
599
689
640
610
12,978
13,183
13,092
13,087
5,278
5,278
5,320
5,326
1S6
173
87
86
2,286
2,308
2,218
2,181
455
468
422
403
__
19,392
19,369
19,315
__ ..... 19,250
14,210
14,200
14,187
14,126
5,683
5,682
5,713
5,708
g;527
8,519
8,474
8,419
5,182
5,169
5,128
5,124
2,540
2,528
2,502
2,508
2,642
2,641
2,626
2,616
1,670
1,656
1,691
1,653
298
290
289
299
682
666
635
609
13,225
13,254
13,232
13,030
5,378
5,374
5,351
5,390
86
78
50
45
2,373
2,305 !
2,215
2,133
452
378
388
428
.. — 19,276
19,340
._-- 19,447
19,449
19,553
14,170
14,210
14,221
14,264
14,375
5,709
5,742
5,806
5,902
6,056
8,461
8,468
8,415
8,361
8,320
5,106
5,130
5,226
5,186
5,178
2,517
2,525
2,654
2,593
2,550
2,589
2,605
2,572
2,593
2.627
1,665
1,680
1,687
1,660
1,731
294
313
327
361
388
649
605
646
598
624
13,105
13,159
13,266
13,068
13,266
5,379
5,374
5,316
5,339
5,379
45
39
258
257
226
2,277
2,241
2,249
2,156
2,311
451
483
420
547
555
13,179
13,232
13,320
13,297
13,294
13,375
13,474
13,557
13,797
14,057
14,181
14,248
5,008
5,056
5,122
5,098
5,167
5,289
5,370
5,377
5,447
5,558
5,696
5,843
8,170
8,176
8,198
8,199
8,127
8,085
8,103
8,180
8,349
8,500
8,485
* 8,405
5,323
5,206
5,204
5,258
5,233
5,266
5,248
5,217
5,181
5,181
5,151
5,165
2,729
2,624
2,641
2,638
2,587
2,611
2,585
2,571
2,544
2,534
2,520
2,568
2,594
2,583
2,562
2,620
2,646
2,655
2,663
2,647
2,636
2,647
2,631
2,597
1,663
1,656
1,627
1,608
1,612
1,622
1,627
1,640
1,639
1,652
1,667
1,685
300
287
282
280
281
279
279
272
280
292
294
327
677
642
631
620
630
637
632
569
598
635
648
624
13,203
13,020
12,866
12,742
12,742
12,805
12,922
12,831
12,892
13,085
13,185
13,173
4,891
4.S57
5,006
5,086
5,171
5,202
5,197
5,218
5,230
5,301
5,373
5.357
142
120 '
216
256
164
123
85
57
132
136
65
165
2,584
2,496
2,383
2,311
2,215
2,258
2,242
2,166
2,228
2,248
2,257
2,247
108
218
234
229
191
238
264
351
403
437
411
491
5
12"
19
26
Sept 2
Sept. 9
Sept 16
Sept. 23.
Sept 30
-- .---
_...__...
________
. --.--
Oct 7
Oct. 14
Oct 21
Oct. 28
Nov
Nov
Nov
Nov.
4
11
18
25
Dec.
Dec
Dec,
Dec.
Dec
2
9
16_.
23
30
—
Monthly averages:
January
February
March
April
Ay
June
July
._ ....
August
September
October
November
December ._ „„.
18,502
18,439
18,523
18,554
18,527
18,641
18,722
18,775
18,978
19,239
19,331
19.413
s
REPORTING MEMBER BANKS
139
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
loans
and
investments
Balances
InterRewith
bank
serves Cash domestic Net
U.S.
U.S. deposits
jrovern- Other with
in
banks demand Time Govern- (12
ment secu- Federal vault
deposits deposits ment Reserve
(12
direct rities Reserve
Reserve
deposits Bank
obligaBanks
Bank
cities
tions
cities
only)
only)
Borrowings
at
Federal
Reserve
Banks
All
other
Total
5,992
5,860
5,844
5,798
8,333
8,339
8,328
8,305
5,152
5,143
5,153
5,185
2,541
2,545
2,560
2,569
2,611
2,598
2,593
2,615
1,684
1,691
1,668
1,646
322
303
289
282
651
611
604
556
13,310
13,252
13,179
13,039
5,392
5,394
5,406
5,416
214
195
201
200
2,412
2,314
2,338
2,247
411
319
272
270
14,142
14,175
14,135
14,109
5,816
5,798
5,736
5,720
8,326
8,377
8,399
8,390
5,179
5,191
5,166
5,193
2,582
2,581
2,573
2,553
2,597
2,609
2,593
2,640
1,632
1,661
1,681
1,633
274
298
277
291
574
554
589
564
13,040
13,077
13,021
12,939
5,436
5,438
5,453
5,469
201
204
201
201
2,295
2,250
2,255
2,225
314
358
368
363
14,201
14,111
14,144
14,149
14,258
6,730
5,604
5,622
5,610
5,691
8,471
8,506
8,521
8,539
8,567
5,198
5,200
5,393
5,266
5,181
2,552
2,529
2,730
2,612
2,503
2,646
2,671
2,663
2,654
2,678
1,648
1,641
1,659
1,644
1,652
278
281
271
277
272
614
558
590
546
563
13,014
12,900
13,021
12,747
12,905
6,478
5,487
5,498
5,518
5,504
201
198
378
295
296,
2,365
2,240
2,286
2,152
2,294
404
324
293
419
420
7
14
21
28
19,392 14,181
19,402 14,119
19,350 -14,091
19,425 14,168
5,637
5,542
5.548
5,576
8,544
8,577
8,543
8,592
5,210
5,283
5,259
5,257
2,550
2,585
2,573
2,563
2,660
2,698
2,686
2,694
1,619
1,708
1,595
1,635
285
285
275
276
583
620
588
601
12,766
12,903
12,819
12,834
5,546
5,536
5,579
5,586
294
294
241
241
2,243
2,276
2,194
2,180
373
388.
248
306
5
12
19
26
19,500
19,535
19,495
19,478
14,231
14,189
14,122
14,098
5,614
5,588
5,575
5,590
8,616
8,601
8,547
8,508
5,269
5,345
5,374
5,380
2,570
2,594
2,605
2,620
2,699
2,751
2,769
2,760
1,656
1,628
1,668
1,635
277
282
274
280
619
596
578
579
12,888
13,029
12,974
12,923
5,593
5,590
5,578
5,602
232
220
103
186
2,276
2,185
2,163
2,159
344
273
289
257
June 2
June 9
June 16
June 23
June 30
19,584
19,531
19,640
19,503
19,723
14,198
14,139
14,289
14,179
14,368
5,683
5,596
5,641
5,688
5,849
8,505
8,542
8,648
8,491
8,519
5,386
5,392
5,351
5,325
5,355
2,618
2,609
2,572
2,538
2,546
2,768
2,783
2,779
2,786
2,809
1,658
1,658
1,685
1,663
1,659
282
284
271
275
277
627
574
648
579
614
13,080
12,987
13,136
12,908
13,258
5,634
5,617
5,635
5,639
5,682
189
185
185
188
164
2,289
2,170
2,189
2,121
2,331
305
232
177
256
288
July 7
July 14
July 28
19,611
19,564
19,545
19,525
14,294
14,245
14,217
14,210
5,780
5,739
5,730
5,722
8,514
8,506
8,487
8,487
5,317
5,319
5,328
5,316
2,525
2,524
2,546
2,540
2,792
2,794
2,782
2,776
1,667
1,666
1,633
1,630
298
293
276
276
599
618
585
557
13,019
13,058
12,927
12,852
5,688
5,718
5,722
5,724
154
142
143
143
2,283
2,231
2,191
2,122
389
297
280
295
Aug
Aug.
Aug
Aug.
4
11
18
25
19,614
19,614
19,575
19,574
14,309
14,344
14,297
14,301
5,795
5,787
5,731
5,770
8,514
8,557
8,566
8,531
5,305
5,270
5,278
5,273
2,538
2,543
2,527
2,516
2,768
2,727
2,751
2,757
1,644
1,650
1,640
1,627
270
281
269
274
580
546
537
525
12,904
12,970
12,884
12,842
5,740
5,752
5,738
5,734
143
123
111
84
2,241
2,186
2,132
2,079
326
337
330
349
Sept 1
Sept. 8
Sept. 15
Sept 22
Sept 29
19,662
19,687
,— 19,855
19,761
19,910
14,412
14,429
14,545
14,486
14,620
5,842
5,823
5,870
5,814
5,884
8,570
8,606
8,675
8,671
8,736
5,251
5,258
5,310
5,275
5,290
2,498
2,499
2,573
2,542
2,533
2,753
2,759
2,736
2,733
2,757
1,652
1,634
1,764
1,655
1,665
268
289
283
278
285
577
567
618
557
562
12,973
12,966
13,275
12,900
13,006
5,744
5,747
5,717
5,696
5,709
84
84
258
259
262
2,219
2,200
2,270
2,112
2,139
412
405
370
456
495
Oct.
Oct
Get
Oct.
6
13
20
27
- 19,896
19,811
19,735
J— 19,694
14,638
14,573
14,533
14,478
5,847
5,776
5,691
5,652
8,791
8,797
8,842
8,826
5,258
5,238
5,202
5,216
2,520
2,510
2,504
2,494
2,738
2,727
2,698
2,722
1,618
1,636
1,623
1,630
283
310
284
285
580
6?4
589
560
13,042
13,132
12,981
12,903
5,704
5,718
5,705
5,721
263
237
160
136
2,249
2,233
2,179
2,095
424
503
396
438
3
10
17
24
19,760
19,656
19,632
19,643
14,536
14,474
14,453
14,484
5.702
5,623
5,582
5,623
8,834
8,850
8,871
8,861
5,225
5,182
5,179
5,159
2,491 2,733
2,463 2,719
2,445 2,734
2,434 2,725
1,616
1,636
1,653
1,619
301
291
281
297
629
602
605
547
13,009
12,924
12,947
12,872
5,747
5,752
5,754
5,756
135
115
81
74
2,287
2,154
2,148
2,057
484
381
390
432
Dec. 1
Dec 8
Dec. 15
Dec. 22
Dec. 29
19,698
19,660
19,727
19,744
... 19,884
14,534
14,495
14,334
14,595
14,730
5,677
5,648
5,726
5,831
5.971
8,857
8,847
8,808
8,763
8,759
5,164
5,165
5,193
5,149
5,154
2,431
2,426
2,414
2,363
2,337
2,733
2.739
2,778
2,786
2,817
1,672
1,654
1,753
1,651
1,669
287
310
322
361
321
593
528
602
572
562
13,032
12,912
13,205
12,932
13,079
5,774
5,762
5,764
5,761
5,779
74
74
163
163
163
2,162
2,108
2,301
2,120
2,199
446
410
365
504
511
14,200
14,140
14,172
14, 140
14,160
14,235
14,241
14,313
14,498
14,555
14,487
14,578
5,874
5,767
5,652
5,576
5,592
5,693
5.743
5,771
5,847
5,741
5,633
5.77J
8,326
8,373
8,521
8,564
8,568
8,541
8,498
8,542
8,652
8,814
8,854
8,807
5,158
5,182
5,248
5,252
5,342
5,362
5,320
5,281
5,277
5,228
5,186
5,165
2,554
2,572
2,585
2,568
2,597
2,577
2,534
2,531
2,529
2,507
2,458
2,394
2,604
2,610'
2,662
2,684
2,745
2,785
2,786
2,751
2,748
2,721
2,728
2,771
1,672
1,652
1,649
1,639
1,647
1,664
1,649
1,640
1,674
1.627
1.631
1,680
299
285
276
280
278
278
286
273
281
290
293
320
606
570
573
595
593
609
590
547
576
591
596
571
'13,195
13,019
12,917
12,830
12,953
13,074
12,964
12,900
13,024
13,015
12,938
13,032
5,402
5,449
5,497
5,562
5,591
5,641
5,713
5,741
5.722
5,712
5,752
5.768
203
202
274
268
208
182
146
115
189
199
101
128
2,327
2,257
2,267
2,221
2,195
2,220
2,208
2,159
2,190
2,189
2,162
2,178
318
351
372
329
290
252
315
335
428
440
422
447
Total
On
securities
19,477
19,342
19,326
19,288
14,325
14,199
14,173
14,103
Feb 3
Feb. 10
Feb 17
Feb. 24
19,321
19,366
19,301
19,302
Mar
Mar,
Mar
Mar.
Mar
3
10
17
24
31
19,399
19,311
19,537
19,416
19,438
Apr
Apr
Apr
Apr
May
May
May
May
Date or month
Jan.
Jan
Jan.
Jan
6
13
20
27
1926
July 21
Nov
Nov.
Nov
Nov.
Monthly averages:
January _ _
February
March
April
May
June
July
August September
October....
NovfiTnb*T
December
19.358
19,323
19,420
19,392
19,502
19,596
19,561
19,594
19,775
19,784
19,673
19,742
140
BANKING AND MONETARY STATISTICS
NO. 48—WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
On
securities
All
other
ReBorrowserves Cash Balances •Net
U.S.
U.S. Interings
Govern- Other with
in
with demand Time Govern bank
at
ment secu- Federa vault domestic deposits deposits ment deposits Federal
Total direct rities Reserve
banks
deposits
Reserve
obligaBanks
Banks
tions
19,865
19,754
----- 19,586
19,541
14,750
14,588
14,442
14,374
6,086
5,933
5,841
5,801
8,664
8,655
8,601
8,573
5,114
5,166
5,145
5,167
2,309
2,330
2,350
2,366
2,806
2,837
2,795
2,801
1,744
1,677
1,666
1,600
306
295
270
267
'635
*593
'575
1537
13,210
13,175
13,015
12,867
5,845
5,864
5,848
5,858
156
120
120
120
12,217
'2,170
12,090
'2,037
446
303
248
197
19,592
._— _ 19,528
---- 19,538
...-- 19,576
14,411
14,333
14,309
14,334
5,849
5,758
5,751
5,764
8,562
8,576
8,558
8,570
5,181
5,194
5,228
5,242
2,362
2,370
2,383
2,380
2,819
2,824
2,845
2,862
1,646
1,630
1,695
1,583
257
270
253
281
1,197
1,125
1,188
1,170
12,958
12,844
12,924
12,804
5,860
5,875
5,882
5,936
120
102
102
104
3,181
3,130
3,185
3,103
222
223
242
243
19,779
19,775
20,171
20,116
20,105
14,489
14,477
14,584
14,567
14,565
5,858
5,817
5,888
5,860
5,910
8,631
8,660
8,697
8,707
8,655
5,290
5,298
5,587
5,548
5.540
2,396
2,394
2,658
2,588
2,555
2,894
2,904
2,929
2,961
2,985
1,636
1,629
1,676
1,706
1,680
255
268
252
260
263
1,244
1,182
1,250
1,132
1,123
12,965
12,923
13,224
13,062
12,996
5,995
6,008
5,977
5,978
5,987
103
92
344
313
303
3,225
3,182
3,232
3.072
3,047
279
266
190
309
296
20,114
----- 20,036
_ _ - - 20,015
20,106
14,607
14,556
14,526
14,564
5,932
5,891
5;918
5,978
8,675
8,665
8,608
8,587
5,506
5,479
5,489
5,542
2,566
2,547
2,554
2,595
2,941
2,933
2,935
2,947
1,624
1,670
1,646
1,673
262
269
259
263
1,179
1,201
1,157
1,137
13,034
13,048
13,021
13,030
5,992
6,011
6,015
6,067
282
260
176
166
3,157
3,076
3,036
3,011
252
280
263
286
4
11
18
25
._._ -- 20,245
----- 20,234
20,316
20,298
14,695
14,659
14,669
14,639
6,044
5,981
6,039
6,003
8,651
8,678
8,630
8,636
5,550
5,575
5,647
5,660
2,610
2,639
2,659
2,640
2,939
2,936
2.988
3,020
1,718
1,669
1,695
1,681
260
265
257
259
1,204
1,174
1,168
1,092
13,147
13,185
13,203
13,180
6,081
6,102
6,143
6,128
156
129
95
91
3,150
3,041
3,020
2,904
356
288
305
260
June 1
June 8
June 15
June 22
June 29
20,432
---- 20,365
,.•> -- 20,642
20,503
20.589
14,838
14,792
14,853
14,829
14,931
6,204
6,179
6,230
6,210
6,279
8,634
8,612
8,623
8,619
8,653
5,594
5,573
5,789
5,674
5,658
2,533
2,538
2.713
2,599
2,570
3,061
3,035
3,076
3,076
3,088
1,720
1,730
1,810
1,712
1,746
259
268
254
257
269
1,204
1,124
1,216
1,103
1,086
13,407
13,336
13,715
13,243
13,369
6,134
6,174
6,151
6,166
6,191
74
44
209
200
162
3,080
2,951
3,139
2,900
2,980
329
241
198
269
306
July 6
July 13
July 20
July 27
_,.. 20,584
-- = -- 20,370
.--- 20,332
20,331
14,925
14,742
14,734
14,726
6,291
6,152
6,148
6,175
8,634
8,590
8,585
8,551
5,659
5,628
5,598
5,605
2,561
2,552
2,551
2,549
3,098
3,076
3,047
3,056
1,686
1,704
1,699
1,671
276
271
254
258
1,186
1,192
1,118
1,072
13,387
13,346
13,264
13,225
6,181
6,168
6,169
6,191
132
107
95
96
3,230
3,136
3,040
2,937
342
265
246
233
Aue- 3
Aug. 10
Aug 17
Aug. 24
Aug 31
— — 20,346
_.— 20,384
20,347
20,271
20,436
14,794
14.835
14,831
14,763
14,903
6,213
6,202
6,206
6,157
6,229
8,582
8,633
8,625
8,606
8,674
5,552
5,549
5,516
5,508
5,532
2,516
2,510
2,494
2,492
2,500
3,035
3,038
3,023
3,016
3,033
1,740
1,708
1,662
1,708
1,691
252
257
248
253
252
1,133
1,133
1,141
1,087
1,119
13,278
13,332
13,270
13,153
13,346
6,210
6,231
6,229
6,231,
6,241
88
53
40
40
40
3,106
3,089
3,101
3,040
3,116
285
261
238
257
240
Sept. 7
Sept 14
Sept 21
Sept. 28
20.426
---- 20,614
20,761
20,812
14,902
15,071
15,121
15,169
6,208
6,315
6,300
6,367
8,694
8,757
8,821
8,801
5,524
5,542
5,640
5,643
2,485
2,495
2,596
2,607
3,039
3,047
3,043
3,036
1,699
1,699
1,699
1,717
268
270
259
259
1,155
1,244
1,183
1,165
13,326
13.554
13,233
13,245
6,248
6,264
6,268
6,299
8
8
352
352
3,199
3,191
3,119
3.109
295
224
270
278
Date or month
1927
Jan 12
Jan 19
Jan 26
Feb
Feb.
Feb
Feb
2
9
16
23
Mar. 2
Mar 9
Mar. 16
Mar 23
Mar. 30
Apr. 13
Apr 20
Apr. 27
May
May
May
May
___-----..-- —
....
------
Total
loans
and
investments
Oct.
Oct
Oct
Oct
5
12
19
26
20,952
20,912
20,936
20,871
15,302
15,251
15,262
15,218
6,457
6,375
6,381
6,401
8,845
8,877
8,881
8,817
5,650
5,661
5,674
5,654
2,610
2,617
2,627
2,614
3,040
3,044
3,047
3,040
1,707
1,699
1,748
1,724
262
267
263
266
1,287
1.278
1,229
1,191
13,407
13,401
13,444
13,396
6,335
6,354
6,347
6,343
336
337
252
194
3,361
3.221
3,252
3,150
320
286
271
254
Nov.
Nov.
Nov.
Nov.
Nov.
2
9
16
23
30
20,886
20,963
21,204
21,208
21,298
15,233
15,288
15,324
15,309
15,386
6,418
6,422
6,528
6,507
6,585
8,815 5,652
8,865 5,675
8,796 5,880
8,802 ,5,899
8,801 5,912
2,590
2,585
2,779
2,797
2,800
3,062
3,091
3,101
3,102
3,112
1,727
1,750
1,819
1,753
1,755
257
286
262
279
276
1,255
1,223
1,343
1,258
1,263
13,473
13,548
13,779
13,743
13,970
6,334
6,391
6.410
6.454
6,458
179
120
315
HI
11
3,369
3,328
3,472
3,352
3,520
232
310
233
274
331
Dec.
Dee,
Dec
Dec
7.
14
21
28
_ _ _ . 21,250
_ _ _ _ _ 21,267
21,387
21,409
15,350
15,353
15,408
15,476
6,580
6,621
6,705
6,798
8,770
8,731
8,703
8,677
5,900
5,914
5,979
5,934
2,803
2,811
2,866
2,802
3,097
3,103
3,114
3,132
1,763
l',780
1,774
1,808
288
313
338
316
1,199
1,231
1,195
1,210
13,919
14,000
13,809
13,757
6.401
6,399
6,432
6,444
6
7
192
192
3,406
3,320
3,267
3,304
304
353
432
463
14,538
14,347
14,536
14,564
14,666
14,849
14,781
14,825
15,066
15,258
15,308
15,396
5,915
5,780
5,867
5,930
6,017
6,220
6,191
6,201
6,298
6,403
6,492
6,676
8,623
8,566
8,670
8,634
8,649
8,628
8,590
8,624
8,768
8,855
8,816
8,720
5,148
5,212
5,453
5,504
5,608
5,658
5,623
5^531
5,587
5,660
5,804
5,932
2,339
2,374
2,518
2,565
2,637
2,581
2,553
2,502
2,546
2,617
2,710
2,820
2,809
2,838
2,935
2,939
2,971
3,067
3,069
3,029
3,041
3,043
3,094
3,111
1,672
1,639
1,665
1,653
1,691
1,744
1,690
1,702
1,703
1,719
1,761
1.781
284
265
260
263
260
261
265
252
264
265
272
314
'585
1,170
1,186
1,168
1,160
1,147
1,142
1,123
1,187
1.246
1,288
1,209
13,067
12,883
13,034
13,033
13.179
13,414
13,306
13,276
13,340
13,412
13,703
13,872
5,854
5,888
5,989
6,021
6,113
6,163
6,177
6,228
6,269
6,345
6,409
6,419
129
107
231
221
118
138
108
52
180
280
147
99
12,129
3,150
3,152
3,070
3,029
3,010
3,086
3,090
3,155
3,246
3,408
3,324
299
233
268
270
302
268
272
256
267
283
276
388
Monthly averages:
January
,__
February
March
______
April
May
June
July
Augu@t
September
October
November
December
,
1
19,686
19,558
19,989
20,068
20,273
20,506
20,404
20,357
20,653
20,918
21,112
21,328
Total for 32 Federal Reserve Bank cities; not available for other cities prior to February 1927.
REPORTING MEMBER BANKS
141
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
.[Wednesday figures. In millions of dollars]
Investments
Loans
Total
loans
and
investments
Date or month
Total
Onsecurities
All
other
ReBorrowserves Cash Balances Net
U.S.
U.S. Interings
with demand Time aovern- .bank
Govern- Other with ' in
at
ment secu- Federal vault domestic deposits deposits ment deposits Federal
hanks
Total direct rities Reserve
deposits
Reserve
Banks
obligaBanks
tions
jan
jan
Jan
Jan
1928
4
11
18
25 -,
21,629
21,548
- 21,447
- 21,348
15,674
15,487
15,372
15,232
7,022
6,806
6,742
6,673
8,652
8,682
8,630
8,559
5,955
6,061
6,075
6,116
2,824
2,923
2,965
3,021
3,131
3,138
3,110
3,095
,846
,826
,798
,728
294
282
255
248
,383
,248
,237
,180
14,176
14,077
13,924
13,749
6,538
6,554
6,560
6,587
164
124
89
81
3,684
3,499
3,399
3,354
392
313
291
261
Feb
Feb
Feb
Feb
Feb
1
-- -- 21,419
21,333
8 - .-21,292
15
21,200
21
21,328
29
15,316
15,247
15,208
15,125
15,221
6,769
6,634
6,566
6,510
6,554
8,547
8,614
8,642
8,615
8,667
6,103
6,086
6,084
6,075
6,107
3,018
3,010
2,998
2,985
2,945
3,085
3,075
3,087
3,091
3,161
,777
,773
,755
,737
,749
238
251
254
245
242
,217
,148
,244
,132
,166
13,855
13,655
13,692
13,470
13,693
6,594
6,626
6,621
6,606
6,617
77
43
35
35
34
3,527
3,351
3,396
3,225
3,373
299
339
360
336
355
Mar
Mar
Mar
Mar
7
14
21
28
21,309
21,494
----- 21,555
21,651
15,231
15,407
15,350
15,491
6,510
6,614
6,545
6,675
8,721
8,793
8,805
8,815
6,078
6,088
6,205
6,160
2,935
2,924
3,030
2,986
3,143
3,164
3,175
3,175
,737
,730
,701
,738
248
248
242
242
,141
,192
,169
,141
13,618
13,773
13,431
13,492
6,638
6,663
6,712
6,743
10
10
281
281
3,400
3,364
3,202
3,201
360
352
353
383
Apr
Apr.
Apr
Apr.
4
11
18
25
31,972
21,930
21,958
21,918
15,831
15,808
15,808
15,771
6,953
6,875
6,920
6,949
8,878
8,933
8,838
8,822
6,141
6,122
6,149
6,147
2,972
2,980
3,001
2,999
3,170
3,142
3,148
3,148
,773
,801
,760
,797
244
249
239
242
,248
,183
,180
,123
13,825
13,871
13,855
13,707
6,731
6,748
6,766
6,803
273
235
169
117
3,400
3,215
3,170
3,045
468
470
469
545
May
May
May
May
May
2
9
16
23
29
22,162
22,122
22,171
.-- - 22,124
22,160
15,997
15,947
15,990
15,911
15,954
7,092
7,048
7,106
7,035
7,097
8,904
8,899
8,885
8,877
8,857
6,166
6,174
6,181
6,213
6,206
3,021
3,022
3,014
3,029
2,994
3,145
3,152
3,167
3,184
3,212
,809
,797
,754
,752
,742
240
248
235
245
246
,230
,153
,188
,098
,092
13,910
13,808
13,840
13,644
13,598
6,835
6,887
6,898
6,911
6,930
109
72
50
38
37
3,260
3,115
3,089
2,939
2,917
585
608
629
659
737
June 20
June 27
22,085
22,115
22,049
22,005
15,910
15,933
15,834
15,806
7,052
6,997
6,911
6,888
8,859
8,936
8,922
8,918
6,175
6,182
6,215
1,199
3,010
3,011
3,045
3,014
3,164
3,171
3,170
3,185
,756
,758
,714
,732
247
254
243
249
,109
,148
,130
,078
13,625
13,681
13,290
13,204
6,917
6,928
6,916
6,930
211
203
2,953
2,929
2,870
2,835
773
834
774
803
July 3
July 11
July 18
July 25
22,314
22,032
21,890
21,790
16,143
15,892
15,796
15,737
7,151
7,003
6,854
6,815
8,992
8,889
8,943
8,922
6,170
6,140
6,094
6,054
3,007
3,005
2,980
2,952
3,164
3,135
3,114
3,102
,780
,741
,687
,683
250
261
243
240
,220
,139
,098
,057
13,534
13,297
13,146
13,007
6,904
6,886
6,830
6,824
163
122
93
72
3,145
2,948
2,838
2,811
960
870
787
799
22,030
21,846
21 765
- - 21,686
21,716
15,917
15,863
15 797
15,756
15,791
6,954
6,860
6 781
6,745
6,740
8,963
9,003
9 016
9.011
9,051
6,113
5,983
5,968
5,930
5,925
3,036
2,935
2,919
2,904
2.903
3,077
3 047
3.049
3,026
3,022
,731
650
,665
,661
,654
234
243
236
245
246
,110
023
,058
' ,037
,002
13,145
12 838
12,910
12,785
12,829
6,840
6 824
6,831
6,823
6,839
245
194
185
148
118
2,945
2 813
2,798
2,723
2,727
854
827
765
798
787
21,833
21,787
21,980
21,884
-- -
15,906
15,879
15,941
15,868
6,860
6,814
6,874
6.81U
9,046
9,065
9,066
9,058
5,927
5,908
6,039
6,016
2,921
2,922
3,056
3,027
3,007
2.986
2,984
2,989
,659
,722
,730
,685
247
253
245
248
,109
,152
,174
,133
13,019
13.151
13,045
12,981
6,828
6.817
6,831
6,849
94
67
207
165
2,908
2,913
3,008
2,963
825
825
861
778
21,926
21,838
21,972
21,924
22,028
16,011
15,967
15,989
15,972
16,077
6,865
6,807
6,856
6,882
6,958
9,147
9,160
9,133
9,089
9,119
5,914
5,871
5,983
5,953
5,951
2,987
2,975
3,076
3,055
3,027
2,927
2,896
2,907
2,898
2,924
,708
,682
,717
,689
,738
"248
267
248
252
249
,196
,138
,231
,129
,154
13,182
13,158
13,252
13,165
13,325
6,824
6,833
6 848
6,845
6.865
99
65
190
142
135
3,174
3,031
3,150
2,936
3,075
801
770
720
688
703
7
14
21
28
21,991
21,875
21,973
22,094
16,096
15,990
16,097
16,200
7,031
6,947
7,104
7,246
9,065
9,043
8,993
8,954
5,895
5,885
5,876
5,894
3,009
2,993
2,972
2,977
2,886
2,892
2,904
2,917
,699
,715
,717
,725
269
265
253
268
,193
,266
,192
,149
13,305
13,367
13,396
13,408
6,846
6,852
6,849
6,846
92
73
73
54
3,082
3,119
3,000
2,960
736
641
585
762
Dec 5
Dee 12
Dec. 19
Dec. 26
22,190
22,068
-- 22,233
22,264
16,291
16,188
16,248
16,284
7,282
7,150
7,129
7,230
9,009
9,038
9,119
9,054
5,899
5,880
5,985
5,980
2,978
2,961
3,059
3,051
2,921
2,919
2,926
2,929
,722
,783
,709
,776
269
289
313
326
,191
,163
,207
,160
13,511
13,498
13,322
13,266
6,831
6,827
6,845
6,864
18
4
249
198
3,089
2,996
2,969
2,991
785
793
700
918
15,441
15,223
15,370
15,805
15,960
15 871
15,892
15,825
15,898
16,003
16,096
16,253
6, 8lT
6,606
6,586
6,924
7,075
6 962
6.955
6,816
6,840
6,874
7,082
7,198
8,631
8,617
8,784
8,880
8,884
8,909
8,937
9,009
9,059
9,130
9,014
9.055
6.052
6,091
6 f 133
6, HO
6,188
6,193
6,114
5,984
5,973
5,9345,888
5,936
2,933
2,991
2,969
2,988
3,016
3.020
2,986
2,940
2,981
3,024
2,988
3,013
3,119
3,100
3,164
3,152
3,172
3,173
3,129
3,044
2,991
2,910
2,900
2,924
,799
.758
,726
,783
,771
.740
,723
,672
,699
,707
,714
1,748
270
246
245
244
243
248
248
241
248
253
264
299
,262
,182
,161
,184
,152
.116
,129
,046
,142
,170
,200
,180
13,982
13,673
13,579
13,814
13,760
13,450
13,246
12,902
13,049
13,216
13,369
13,399
6,560
6,613
6,689
6,762
6,892
6,923
6,861
6,831
6,831
6,843
6,848
6,842
115
45
146
198
61
103
113
178
133
126
73
117
3,484
3,374
3,292
3,207
3,064
2,897
2,936
2,801
2,948
3,073
3,040
3,011
314
338
362
488
644
796
854
805
822
736
681
799
Aug 1
Aug. 8
Aug. 15
Aug 22
\ug. 29
Sept 5
Sept. 12 Sept 19
Sept 26
Oct
Oct.
Oct
Oct
Oct
Nov.
Nov
Nov.
Nov.
_
3
10
17
24
31
Monthly averages:
February
March
April
May
June
July
„
October
.
November
December
21,493
21,315
21,502
21,944
22,148
22,063
22,006
21,809
21,871
21,938
21,983
22,189
1
142
BANKING AND MONETARY STATISTICS
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 111 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Loans
Total
loana
and
investments
Date or month
Investments
BorRerowings
Balserves
Net
U.S.
U.S.
with Cash ances de- Time Gov- Inter- at
Fedin
Govwith mand de- ern- bank Federn- Other eral vault doTo brokers
eral
de- posits ment deand dealers To
de- posits ReAll Total ment secu- Remestic posits
direct rities serve
others other
banks
posits
serve
obligaBanks
OutBanks
In
tions
side
N.Y. N.Y.
City City
On securities
Total
Total
1929
2 _....
. 22,735
22,300
9
16
--- 22,263
22,131
23
30 .
... 22,174
16,803
16,329
16,186
16,060
16,121
7,818
7,440
7,461 1,726
7,364 1,650
7,446 1,724
8,985 5,931 3,007
8,889 5,971 3,050
5,735 8,725 6,077 3,120
5,714 8,696 6,071 3,116
803 4,919 8,675 6,053 3,101
2,925
2,921
2,957
2,954
2,952
1,859
1,765
1,771
1,730
1,759
292
271
242
244
244
1,381
1,190
1,221
1,170
1,122
13,983
13,608
13,611
13,366
13,395
6,912
6,896
6,885
6,885
6,893
167
111
90
83
84
3,418
3,099
3,026
2,962
2,864
930
655
598
554
580
22,295
22,240
22,180
„ 22,338
16,254
16,230
16,189
16,366
7,558
7,515
7,444
7,573
1,771
1,705
1,574
1,589
816
828
837
862
4,971
4,982
5,033
5,122
8,696
8,715
8,745
8,793
6,041
6,010
5,991
5,972
3,103
3,084
3,067
3,042
2,938
2,926
2,925
2,930
1,751
1,740
1,700
1,746
237
261
253
246
1,154
1,190
1,144
1,135
13,415
13,505
13,259
13,387
6,891
6,879
6,867
6,879
50
43
43
36
3,006
2,927
2,878
2,859
619
669
637
712
Mar
Mar.
Mar
Mar.
22,383
6
22,382
13
22,581
20
27 „....„.. 22,543
16,425
16,430
16,552
16,557
7,573
7,511
7,642
7,592
1,582
1,492
1,594
1,525
871
888
902
865
5,120
5,131
5,146
5,202
8,852
8,918
8,910
8,965
5,958
5,953
6,028
5,986
3,058
3,036
3,113
3,086
2,901
2,917
2,915
2,900
1,716
1,726
1,715
1,706
238
245
235
243
1,167
1,147
1,179
1,150
13,308
13,398
13,281
13,164
6,871
6,855
6,805
6,827
6
6
305
305
2,970
2,845
2,831
2,796
756
V16
711
779
Apr
Apr.
Apr
Apr.
22,561 16,583
3
10
_ -_„ 22,393 16,455
22,340 16,431
17
24 _ _ _ _
.. 22,259 16,388
7,516
7,380
7,353
7,319
1,428
1,315
1,291
1,349
859
836
831
827
5,229
5,229
5,231
5,143
9,068
9,076
9,078
9,068
5,978
5,938
5,909
5,871
3,075
3,024
3,020
3,002
2,902
2,914
2,890
2,868
1,688
1,672
1,671
1,658
240
238
227
235
1,179
1,151
1,138
1,076
13,157
13,052
13,118
12,977
6,830
6,789
6,779
6,775
289
258
165
148
2,840
2,726
2,725
2,542
766
706
729
698
22,313
22,094
22,156
.„_ 22,005
22,000
16,438
16,257
16,301
16,187
16,202
7,371
7,241
7,221
7,144
7,112
1,385
1,280
1,285
1,179
1,073
815
810
796
798
808
5,171
5,151
5,140
5,167
5,231
9,067
9,016
9,079
9,043
9,090
5,875
5,836
5,855
5,818
5,798
2,997
2,979
2,972
2,951
2,896
2,878
2,858
2,883
2,867
2,902
1,702
1,682
1,682
1,647
1,647
223
237
227
235
242
1,157
1,038
1,099
1,014
1,012
13,234
12,986
13,139
12,810
12,791
6,760
6,771
6,795
6,789
6,765
143
108
105
99
99
2,717
2,582
2,594
2,443
2,389
703
684
626
614
680
22,115
22,104
_.. 22,298
22,407
16,337
16,364
16,543
16,678
7,197
7,209
7,382
7,539
1,122
1,135
1,260
1,389
808
796
811
808
5,267
5,278
5,311
5,342
9,140
9,155
9,161
9,139
5,779
5,740
5,755
5,729
2,916
2,906
2,935
2,895
2,862
2,835
2,820
2,834
1,679
1,682
1,657
1,708
238
236
227
232
1,055
1,086
1,099
1,085
12,939
13,108
12,940
13,018
6,761
6,709
6,724
6,763
58
46
260
260
2,551
2,493
2,533
2,554
663
628
674
715
22,485 16,925 7,761
July 3
July 10...-.'. ....._ 22,434 16,906 7,704
22,409 16,892 7,644
July 17
22,459 16,970 7,683
July 24
22,606 17,058 7,787
July 31 '
1,611
1,573
1,541
1,601
1,622
795
808
784
773
785
5,355
5,323
5,319
5,309
5,380
9,164
9,202
9,248
9,287
9,270
5,560
5,528
5,518
5,490
5,549
2,759
2,740
2,742
2,723
2,747
2,800
2,789
2,775
2,766
2,802
1.724
1,677
1,699
1,710
1,707
243
275
256
243
236
1,181
1,090
1,121
1,096
1,083
13,293
13,170
13,219
13,146
13,395
6,679
6,654
6,648
6,674
6,712
193
154
152
88
85
2,880
] 2,683
2,674
2,669
2,776
826
850
790
771
767
49
44
44
37
2,687
2,634
2,556
2,540
770
726
687
685
Jan.
Jan
Jan.
Jan
Jan.
Feb 6
Feb. 13
Feb 20
Feb. 27
May 1
May 8
May 15
May 22
May 29
June 5
June 12
June 19
June 26
.
,
8
1
7
14
21
28
22,581
22,450
22,423
22,405
17,044
16,943
16,938
16,950
7,715
7,573
7,510
7,515
1 537
1,407
1,344
1,373
812
801
795
778
5,366
5,365
5,371
5,364
9,329
9,370
9,428
9,434
5,537
5,507
5,485
5,456
2,732
2,734
2,723
2,707
2,805
2,774
2,762
2,748
1,675
1,674
1,650
1,663
241
245
236
238
1,050
1,080
1,039
1,022
13,240
13,191
13,065
12,985
6,702
6.721
6,720
6,766
Sept. 4
Sept 11
Sept. 18
Sept. 25
22,591
22,570
22,742
22,682
17,150
17,142
17,254
17,244
7,632
7,578
7,686
7,720
1,475
1,416
1,482
1,429
786
784
797
834
5,371
5,378
5,407
5,457
9,518
9,564
9,567
9,524
5,441
5,429
5,489
5,438
2,699
2,694
2,719
2,680
2,741
2,735
2,770
2,757
1,675
1,707
1,721
1,708
240
246
236
236
1,115
1,116
1,156
1,112
13,184
13,283
13,179
13,072
6,808
6,799
6,805
6,829
11 2,722
2,712
227 2,747
227 2,690
761
702
673
688
22,829
22,673
22,794
22.895
24,431
17,428
17,269
17,397
17,500
18,934
7,828
7,687
7,875
7,920
9,179
1,455
1,335
1,526
1,480
2,306
863
813
801
810
913
5,510
5,539
5,548
5,630
5,960
9,600°
9,582
9,522
9,580
9,755
5,401
5,403
5,397
> 395
5,496
2,660
2,656
2,652
2,654
2,682
2,741
2,747
2,745
2.740
2,814
1,739
1,686
1,747
1,725 i
1,990
230
248
230
238
269
1,217
1,126
1,269
1 144
1,257
13,295
13,040
13,406
13,314
15,110
6,825
6,803
6,815
6,883
6,868
227
209
159
131
127
2,888
2,741
2,967
2,685
3,290
672
612
605
554
729
Nov. 6 _ _ . _ . -_„.._-- 24,073
Nov. 13= ... . .. 23,716
23,512
Nov. 20
23,353
Nov 27
18,489
18,115
17,861
17,698
8,746 1,776
8,369 1,345
7,991 1,025
7,889
985
841
836
767
715
6,129
6,188
6,199
6,189
9,743
9,746
9,871
9,809
5,584
5,601
5,650
5,655
2,750
2,748
2,784
2,808
2,834
2,854
2,867
2,847
1,904
1,952
1,875
1,744
276
277
259
265
1,256
1,287
1,211
1,090
14,765
14,570
14,227
13,890
6,835
6,756
6,722
6,760
83
77
58
50
3,214
3,071
2,943
2,802
730
688
597
603
23,142
, 1 22,922
22,942
22,890
23,163
17,538
17,375
17,356
17,305
17,649
7,889
7,818
7,898
7,931
8,304
707
681
684
700
739
6,213
6,121
6,128
6,140
6,149
9,649
9,557
9,458
9,374
9,344
5,604
5,547
5,587
5,585
5,514
2,755
2,719
2,743
2,710
2,593
2,849
2,828
2,844
2,876
2,921
1,766
1,767
1,774
1,703
1,726
261
280
296
291
262
1,150
1,120
1,166
1,122
1,316
13,714
13,776
13,676
13,589
14,118
6,722
6.698
i 6,702
6,723
6,787
33
27
113
92
82
2,900
2,762
2.822
2,797
3.150
580
493
468
502
405
Aug
Aug.
Aug
Aug
Oct. 2...
Oct 9
Get. 16.
Oct 23
Oct. 30
Dec.
Dec.
Dec
Dec.
Dec.
.
4„
11
18
24
31 . ...
S69
1,016
1,086
1,091
1,416
Monthly averages:
663
January
107 3,074
259 1,217 13,593 6,894
8,794 6,021 3,079 2,942 1,777
22,320 16,300 7,506
659
249 1,156 13,391 6,879
22,263 16,260 7,522 1,659
February43 2,918
836 5,027 8,737 6,004 3,074 2,930 1,734
740
22,472 16,491 7,580 1,549
March
155 2,861
240 1,161 13,288 6,839
5,150 8,911 5,981 3,073 2,908 1,715
881
725
235 1,136 13,076 6,793
22,388 16,464 7,392 1,346
April
215 2,709
838 5,208 9,073 5,924 3,030 2,893 1,672
661
111 2,545
233 1,064 12,992 6,776
22,113 16,277 7,218 1,240
May
806 5,172 9,059 5,836 2,959 2,878 1,672
670
233 1,081 13,001 6,739
June.
..
156 2,532
805 5,300 9,149 5,751 2,913 2,838 1,681
22,231 16,480 7,332 1,227
801
251 1,114 13,245 6,673
134 2,738.
22,479 16,950 7,716 1,590
July
789 5,337 9,234 5,529 2,742 2,787 1,703
717
240 1,048 13,120 6,728
August
44 2,004
796 5,367 9,390 5,496 2,724 2,772 1,665
22,465 16,969 7,578 1,415
706
September
116 2,718
239 ,125 13,180 6,810
800 5,403 9,543 5,449 2,698 2,751 1,703
22,646 17,197 7,654 1,451
634
171 2,914
243 1,202 13,633 6,839
23,124 17,706 8,098 1,621 840 5,637 9,608 5,418 2,661 2,757 1,777
October
655
269 1,211 14,363 6,768
67 3,008
790 6,176 9,792 5,623 2,772 2,850 1,869
23,663 18,041 8,249 1,283
November
490
69 2,886
278 1,175 13,774 6,727
702 6,150 9.476 5,567 2,704 2,864 1,747
December..,.,,- .. 23,012 17,444 7,968 ,116
1
Loans to brokers and dealers outside New York City not available separately for January 16and 23; included in loans on securities "toothers."
REPORTING MEMBER BANKS
143
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
loans
and
investments
Date pr month
Jan. 8
Jan. 15
Jan. 22
Jan. 29
1930
BorRerowserves
Net
BalU.S.
ings
with Cash ances
deU.S.
Time Gov- Inter- at
in
Govwith mand deFedern- bank Federn- Other eral vault doTo brokers
de- posits ment deeral
To
and dealers
mestic posits
AH Total ment secu- Rede- posits Reothers other
direct rities serve
banks
posits
serve
Banks
OutobligaBanks
In
tions
side
N.Y. N.Y.
City City
On securities
Total
Total
-- 22,600 17,041
-- 22,412 16,858
22,256 16,707
— - 22,205 16,676
7,906
7,854
7,733
7,681
1,183
1,229
1,199
1,202
679
652
636
632
6,044
5,973
5,898
5,847
9,134
9,005
8,974
8,995
5,559
5,554
5,549
5,529
2,692
2,724
2,737
2,722
2,867
2,830
2,812
2,807
1,727
1,725
1,730
1,691
257
238
230
232
1,130
1,131
1,078
1,028
13,418
13,392
13,135
12,949
6,807
6,853
6,915
6,913
46
39
36
36
2,937
2,910
2,736
2,729
344
230
220
193
18
9
4
5
2*899
2,848
2,734
2,790
173
185
186
152
Feb 5
Feb. 12
Feb 19
Feb. 26
22,132
22,106
22,090
22,003
16,630
16,593
16,519
16,428
7,692
7,682
7,669
7,641
1,322
1,361
1,406
1,409
607
587
592
583
5,763
5,734
5,671
5,649
8,938
8,911
8,850
8,787
5,503
5,513
5,571
5,575
2,725
2,744
2,808
2,801
2,778
2,769
2,763
2,774
1,702
1,688
1,695
1,731
222
225
232
221
1,110
1,131
1,104
1,082
13,010
12,978
12,966
12,943
6,863
6,856
6,851
6,874
Mar.
Mar.
Mar.
Mar.
5
12
19
26
22,101
22,232
22,514
22,563
16,547
16,704
16,847
16,885
7,737
7,883
8,054
8,183
1,502
1,711
1,931
2,077
578
568
571
593
5,657
5,604
5,552
5,513
8,810
8,821
8,793
8,702
5,554
5,528
5,667
5,678
2,766
2,753
2,861
2,844
2,788
2,775
2,806
2,834
,683
,733
,653
,719
218
222
212
212
1,098
1,113
1,219
1,204
12,940
13,152
13,076
13,205
6,887
6,948
6,975
7,085
2,910
2,827
280 2,933
238 2.922
128
96
51
47
Apr.
Apr
Apr.
Apr
Apr.
2
9
16
23
30
22,633
22,560
22,592
22,746
22,753
16,913
16,829
16,845
16,955
16,964
8,244
8,163
8,238
8,326
8,381
2,163
2,144
2,217
2,250
2,339
606
605
620
638
631
5,475
5,414
5,401
5,438
5,411
8,669
8,666
8,607
8,629
8,583
5,719
5,731
5,747
5,791
5,789
2,848
2,838
2,849
2,873
2,852
2,872
2,893
2,898
2,917
2,937
,738
,714
,746
,727
,774
207
216
207
221
214
1,232
1,130
1,194
1,155
1,188
13,329
13,208
13,383
13,455
13,581
7,087
7,102
7,068
7,034
7,055
217
173
141
108
96
3,061
2,954
2,961
2,797
2,930
82
75
65
58
74
22,645
22,616
22,661
22,726
16,852
16,806
16,806
16,837
8,259
8,246
8,322
8,421
2,222
2,212
2,275
2,340
652
657
663
676
5,385
5,377
5,384
5,405
8,593
8,560
8,484
8,416
5,792
5,811
5,855
5,889
2,837
2,831
2,842
2,811
2,955
2,980
3,013
3,078
,727
,755
,757
,742
218
225
213
235
1,181
1,237
1.187
1,137
13,327
13,467
13,389
13,388
7,079
7,100
7,132
7,159
51
51
51
51
2,924
2,935
2,825
2,798
79
47
43
67
22,957
22,882
23,118
23,140
17,038
16,966
17,128
17,059
8,598
8,557
8,608
8,479
2,461
2,430
2,367
2,173
679
681
720
706
5,458
5,446
5,521
5,600
8,441
8,409
8,520
8,580
5,919
5,917
5,989
6,081
2,799
2,776
2,849
2,877
3,120
3,140
3,140
3,204
,775
,783
,788
,779
221
223
215
216
1,250
1,243
1,375
1,358
13,633
13,686
13,638
13,566
7,161
7,182
7,228
7,273
28
20
213
212
3,064
2,975
3,117
3,098
67
48
44
54
23,080
22,987
23,106
23,096
..--. 23,236
16,960
16,869
16,906
16,852
16,945
8,435
8,359
8,397
8,372
8,391
2,127
2,073
2,141
2,153
2,189
708
703
690
669
666
5,600
5,583
5,566
5,550
5,536
8,525
8,509
8,508
8,480
8,554
6,120
6,118
6,200
6,243
6,291
2,851
2,861
2,915
2,930
2,932
3,269
3,257
3,285
3,313
3,359
1,792
1,790
1,840
1,824
U818
230
230
212
211
215
1,583
1,484
1,604
1,653
1,565
13,740
13,587
13,784
13,692
13,798
7,315
7,326
7.399
7,400
7,352
193
147
134
120
109
3,401
3,392
3,394
3,467
3,365
84
67
45
32
35
23,163
23,092
23,136
23,122
16,906
16,857
16,795
16,793
8,409
8,349
8,289
8,350
2,227
2,157
2,105
2,140
637
646
648
640
5,545
5,546
5,536
5,570
8,497
8,507
8,507
8,443
6,257
6,235
6,340
6,329
2,877
2,860
2,922
2.909
3,380
3,375
3,418
3,420
1,752
1,789
1,807
1,814
205
214
203
211
1,518
1,564
1,478
1,502
13,664
13,705
13,627
13,606
7,357
7,394
7,408
7,439
65
46
46
46
3,382
3,362
3,291
3,302
51
38
44
40
23,168 16,830
.- 23,165 16,812
. .- 23,250 16,881
23,297 16,912
8,357
8,324
8,396
8,454
2,175
2,179
2,285
2,309
650
632
633
674
5,532
5,513
5,478
5,471
8,473
8,488
8,484
8,458
6,338
6,353
6,369
6,385
2,910
2,915
2,932
2,933
3,428
3,438
3,437
3,452
1,786
1,817
1,836
1,816
207
216
204
208
1,579
1,569
1,680
1,635
13,629
13,700
13,618
13,542
7,471
7,478
7,448
7,489
16 3,494
3,438
182 3,590
182 3,497
79
37
28
33
23,467
23,297
23,404
23,383
23,495
17,013
16,813
16,864
16,716
16,764
8,476
8,260
8,250
8,135
8,065
2,264
2,121
1,995
1,890
1,801
667
650
722
692
668
5,545
5,489
5,533
5,553
5,596
8,538
8,552
8,613
8,581
8,699
6,454
6,485
6,541
6,667
6,731
2,946
2,970
2,996
3,060
3,050
3,508
3,515
3,544
3,607
3,681
1,787
1,802
1,827
1,827
1,879
201
212
209
212
216
1,657
1,645
1,696
1,509
1,568
13,812
13,557
13,767
13,710
13,830
7,534
7,541
7,535
7,560
7,577
181
147
142
122
113
3,664
3,604
3,639
3,389
3,427
44
39
76
58
6,2
71
48
34
34
3,606
3,593
3,499
3,413
78
61
62
84
May?
May 14
May 21
May 28
-
June 4
June 1 1
June 18.
June 25
July 2
July 9
July 16
July 23
July 30 -
Aug.
Aug.
Aug.
Aug
6
13
20
27
Sept. 3
Sept. 10
Sept. 17
Sept 24
Oct.
Oct.
Oct.
Oct.
Oct
1
8-_
15
22
29
Nov.
Nov.
Nov.
Nov.
5
12
19
26.
23,511
23,435
23,494
23,381
16,806
16,668
16,690
16,527
8,085
7,904
7,838
7,761
1,772
1,570
1,522
1,464
660
640
622
606
5,653
5,694
5,694
5,691
8,721
8,763
8,852
8,766
6,704
6,767
6,804
6,854
3,042
3,063
3,105
3,093
3,662
3,704
3,699
3,761
1,791
1,881
1,830
1,814
223
229
222
237
1,627
1,672
1,658
1,531
13,829
14,049
13,974
13,882
7 t 547
7,552
7,486
7,487
Dec.
Dec,
Dec.
Dec.
Dec.
3
10
17^
24
31
23,316
23,242
23,084
_. 22,985
22,956
16,516
16,426
16,258
16,200
16,263
7,769
7,769
7,747
7,779
7,814
1,464
1,478
1,388
1,375
1,396
618
616
633
621
614
5,687
5,675
5,726
5,783
5,804
8,747
8,656
8,511
8,421
8,449
6,800
6,816
6,827
6,785
6,693
3,095
3,144
3,214
3,156
2,992
3,706
3,672
3,612
3,629
3,701
1,816
1,849
1,854
1,772
1,878
230
269
293
318
287
1,526
1,492
1,481
1,407
1,617
13,908
13,914
13,771
13,603
13,999
7,372
7,355
7,180
7,126
7,070
3,455
3,339
248 3,434
202 3,203
204 3,539
99
106
160
250
89
16,821
16,542
16,746
16,901
16,825
17,048
16,906
16,838
16,859
16,834
16,673
16,332
7,794
7,671
7,964
8,270
8,312
8,560
8,391
8,349
8,383
8,237
7,897
7,776
1,203
1.375
1,805
2,222
2,262
2,358
2,137
2,157
2,237
2,014
1,582
1,420
650
592
577
620
662
696'
687
642
647
680
632
621
5,941
5,704
5,582
5,428
5,388
5,506
5.567
5,550
5,499
5,543
5,683
5,735
9,027
8,871
8,781
8,631
8,513
8,487
8,515
8,488
8,476
8,597
8,776
8,557
5,548
5, -541
5,607
5,756
5,837
5,977
6,194
6,291
6,361
6,575
6,782
6,784
2,719
2,770
2,806
2,852
2,830
2,825
,2,898
12,892
12,923
3,004
3,076
3,120
2,829
2,771
2,801
2,903
3,006
3,151
3,297
3,398
3,439
3,571
3,707
3,664
1,718
1,704
1,697
1,740
1,745
1,781
1,813
1,791
1,813
1,824
1,829
1,834
239
225
216
213
223
219
220
208
209
210
228
280
1,092
1,107
1,159
1,180
1,185
1,306
1,577
1,516
1,616
1,615
1,622
1,505
13,224
12,974
13,093
13,391
13,393
13,631
13,720
13,651
13.622
13,735
13,934
13,839
6,872
6,861
6,974
7,069
7,118
7,211
7,358
7,399
7,471
7,549
7,518
7,221
39
9
129
147
51
118
141
51
95
141
46
131
2,828
2,818
2,898
2,940
2,870
3,063
3,404
3,334
3,505
3,545
3,528
3,394
247
174
81
71
59
53
53
43
44
56
71
141
Monthly averages:
January
February .
March. April
May
June
July ..
August
September
October
November
December
22,368
22,083
22,352
22,657
22,662
23,024
23,101
23,128
23,220
23,409
23,455
23,117
144
BANKING AND MONETARY STATISTICS
NO, 48-WEEKIY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Loans
Investments
BorRerowBalNet
serves
U.S.
ing
U.S.
with Cash ances de- Time Gov- Inter- at
GovFedin
with mand de- ern- bank Federn- Other eral vault doTo brokers
de- posits ment deeral
All Total ment secu- Reand dealers
To
mestic posits
de- posits HeTotal
direct rities serve
others other
banks
posits
serve
obligaOutBanks
Banks
In
tions
side
N. Y. N.Y.
City City
On securities
Date or month
Total
loans
and
investments
1931
Jan. 7... ..__ —
Jan. 14
Jan. 21
——_
Jan. 28
22,776
22,666
22,603
22,596
16,064
15,922
15,839
15,753
7,653
7,522
7,425
7,379
1,359
1.310
1,273
1,269
586
559
543
533
5,708
5,653
5,609
5,577
8,411
8,400
8,414
8,374
6,712
6,743
6,764
6,843
3,089
3,146
3,185
3,231
3,623
3,598
3,579
3,612
1,827
1,870
1,846
1,842
282
255
230
228
1,596
1,710
1,681
1,692
13,821
13,862
13,689
13,680
7,043
7,059
7,090
7,099
J4S
115
101
93
3,597
3,698
3,619
3,622
126
80
70
53
93
80
80
80
Total
Feb.
Feb.
Feb.
Feb.
4
11
18
25
22,682
. — _ 22,659
22,650
. . .. 22,647
15,668
15,605
15,494
15,464
7,303
7,319
7,325
7,313
1,271
1,308
1,348
1,373
525
520
519
517
5,507
5,491
5,458
5,423
8,365
8,286
8,169
8,151
7,014
7,054
7,156
7,183
3,356
3,355
3,414
3,414
3,658
3,699
3,742
3,769
1,785
1,786
1,796
1,801
217
234
213
224
1,736
1,778
1,782
1,848
13,649
13,672
13,570
13,614
7,160
7,175
7,243
7,275
3,779
3,826
3,807
3,777
65
68
52
42
Mar.
Mar.
Mar.
Mar.
4
11
18
25
...... 22,621
22,577
. .. 23,111
23,046
15,441
15,377
15,518
15,470
7,256
7,237
7,365
7,349
1,368
1,370
1,503
1,526
528
523
516
506
5,360
5,344
5,346
5,317
8,185
8,140
8,153
8,121
7,180
7,200
7,593
7,576
3,444
3,435
3,860
3,814
3,736
3,765
3,733
3,762
1,773
1,847
1,846
1,779
211
215
205
205
1,855
1,808
1,956
1,866
13,514
13,725
13,782
13,690
29 3,835
7,289
7,247
3,755
7,249 "522" 3,994
7,278
408 3,912
47
33
27
35
Apr.
Apr.
Apr.
Apr.
Apr
!__.•
8
15
22
29
_ — __.. r 22,933
22,845
23,051
_ — 22,937
29,896
15,382
15,212
15,258
15,139
14,993
7,256
7,146
7,194
7,138
7,052
1,498
1,414
1,452
1,475
1,359
504
503
542
514
514
5,254
5,229
5,200
5,149
5,179
8.126
8,066
8,064
8,001
7,941
7,551
7,633
7,793
7,848
7,903
3,777
3,848
3,977
3,968
3,996
3,774
3,785
3,816
3,880
3,907
1,810
1,797
1,768
1,790
1,832
203
211
208
214
222
1,769
1,776
1,804
1,686
1,603
13,749
13,678
13,811
13,752
13,664
7,296
7,273
7,304
7,358
7,410
345
303
395
275
218
3,989
3,907
3,898
3,680
3,594
29
20
19
21
38
May
May
May
May
6
13
20
27
22,768
22,778
22,708
22,598
14,922
14,925
14,905
14,813
7,036
7,046
6,981
6,928
1,358
1,377
1,309
1,240
509
500
505
497
5,169
5,169
5,167
5,191
7,886
7,879
7,924
7,885
7,846
7,853
7,803
7,785
3,970
3,975
3,947
3,937
3,876
3,878
3,856
3,848
1,820
1,835
1,834
1,847
229
226
223
226
1,649
1,839
1,724
1,732
13 60S
13,777
13,757
13,625
7,422
7,398
7,409 '
7,399
144
121
64
38
3,712
3,848
3,670
3,632
36
22
28
29
22,536
22,452
22,425
_..„.. 22,343
14,730
14,641
14,582
14,540
6,867
6,791
6,720
6,703
1,212
1,150
1,082
1,079
489
488
486
476
5,166
5,153
5,152
5,148
7,863
7,850
7,862
7,837
7,806
7,811
7,843
7,803
3,989
4,019
4.091
4,094
3,817
3,792
3,752
3,709
1,790
1,821
1,816
1,879
215
238
232
232
1,718
1,793
1,555
1,523
13,605
13,552
13,255
13,286
7,347
7,325
7,191
7,169
9
9
310
309
3,705
3,698
3,392
3,339
46
59
57
63
July 1
July 8 .
July 15
July 22
July 29
22,486
22,487
22,415
22,284
22,296
14,691
14,636
14,635
14,527
14,486
6,745
6,665
6,633
6,570
6,544
1,139
1,111
1,093
1,076
1,048
479
493
488
475
474
5,127
5,061
5,052
5,019
5,022
7,946
7,971
8,002
7,957
7,942
7,795
7,851
7,780
7,757
7,810
4,129
4,124
4,119
4,101
4,133
3,666
3,727
3,661
3,656
3,677
1,808
1,854
1,854
1,855
1,844
233
232
217
218
220
1,719 13,688 7,172
1,702 13,604 7,176
1,698 3,634 7,142
1,606 3,481 7,121
1.557 13,473 7,144
309
271
237
209
190
3,780
, 3,71!)
3,603
1,43S
: 3,363
22
40
43
60
55
Aug. 5
Aug. 12.
Aug. 19
Aug. 26
22,264
22,075
22,001
22,030
14,506
14,342
14,338
14,335
6,512 1,012
995
6,479
6,453 1,002
6,477 1,011
475
470
470
469
5,025
5,014
4,981
4,997
7,994
7,863
7,885
7,858
7,758
7,733
7,663
7,695
4,117
4.069
4,031
4,078
3,641
3,664
3,632
3,617
1,758
1,821
1,814
1,787
220 ,546 3,414
233 1,477 13,355
236 1,426 3,196
247 ,322 13,195
130
75
45
42
3,456
1,343
1,219
| 1,052
58
56
90
94
Sept. 2
Sept. 9
Sept. 16
Sept. 23
Sept. 30U
22,063
22,016
22,132
22,072
. ..__ 22,107
14,398
14,333
14,263
14,228
14,191
6,500 1,036
6,442
995
6,414
955
901
6,361
6,346
885
468"
466
452
463
463
4,996
4,981
5,007
4,997
4,998
,898
,891
,849
,867
,845
7,665
7,683
7,869
7,844
7,916
4,046
4,038
4,265
4,197
4,223
3,619
3,645
3,604
3,647
3,693
227
1,807
242
1,739
1,858 [ 225
259
1,736
255
1,816
,374
,341
,358
,247
,282
3,244
3,195
3,134
2,885
3,227
21,689
.... 21,501
21,289
21,221
13,858
13,680
13,541
13,521
8,081 '
6,001
5,906
5,897
739
650
573
564
439
420
412
399
4,903
4,931
4,921
4,934
,777
,679
,635
,624
7,831
7,821
7,748
7,700
4,194
4,200
4,159
4,133
3,637
3,621
3,589
3,567
1,727
1,680
1,748
1,714
271
278
265
264
,131
,155
,039
981
2,739
2,587
2,521
2,449
6,624
309 2,881
6,536 ' 282 I 2,787
6,418
187 2,624
6,358
161 2,528
274
414
451
453
June 3
June 10
June 17
June 24..
Got. 7
Oct. 14
Oct. 21
Oct. 28
7,099
7,105
7, OSS
7,017
7,003
6,950
i 6, §95 [
6,837
6,775
42 1,192
«J,144
420 J,078 i
404 2,907
376 3,071
107
113
113
146
154
Nov.
Nov.
Nov.
Nov.
4.. _ _ _ _ _ _
11.
18
25
21,147
21,033
21,002
20,908
13,510
13,421
13,442
13,405
5,867
5,848
5,889
5,831
550
536
621
589
398
391
397
391
4,919
4,921
4,871
4,851
,643
,573
,553
,574
7,637
7,612
7,560
7,503
4,108
4,099
4,064
4,017
3,529
3,513
3,496
3,486
1,605
1,583
1,608
1,614
264
254
238
245
,043
,057
,020
952 !
2,343
2,287
2,279
2,206
6,297
6,256 1
6,241 i
6,211
2,654
2,626
2,543
2,452
428
406
385
397
Dec.
Dec.
Dec.
Dee.
Dec.
20,856
2...
20,664
9
20,963
16
23... — . . _ _ _ 20,734
30.
.... 20,532
13,350
13,237
13,212
13,119
13,104
5,807
5,760
5,740
5,733
5,777
559
565
533
495
483
386 4,862
354 4,841
382 ,825
379 ,859
375 ,919
,543
,477
,472
,386
,327
7,506
7,427
7,751
7,615
7,428
4,033
3,997
4,336
4,208
4,060
3,473
3,430
3,415
3,407
3,368
1,567
1,591
1,667
1,526
1,833
236
248
259
292
271
988
928
,012
939
993
2,199
2,105
2,168
1,771
1,877
6,142
57 2.513
: 6,073 !
5 2,387
553 2,540
6,004
5,947 ! 352 3,385
5,898 j 352 2,472
424
428
392
567
685
Monthly averages:
22,660
Januarv
22,659
February
March
..... 22,839
22,942
April
22,713
May
22,439
June
July...........— 22,393
22,093
A ugust
22,078
September
21,425
October
November,, „ _„«. _ 21,023
20,749
December
15,894
15,557
15,452
15,197
14,891
14,623
14,595
14,380
14,283
13,650
13,445
13,204
7,495
7,315
7,302
7,157
6,998
6,770
6,631
6,480
6,413
5,971
5,859
5,763
1,303
1,325
1,442
1,440
1,321
1,131
1,093
1,005
955
631
574
527
8,399 6,766 3,163 3,603 1,846
8,242 ,102 3,385 3,717 1,792
8,150 ,387 3,638 3,749 1,811
8,040 ,745 3,913 3,832 1,799
,893 ,822 3,957 3,865 1,836
,853 ,816 4,048 3,768 1,827
,964 ,798 4,121 3,677 1,843
,900 ,713 4,074 3,639 ,795
,870 ,795 4,154 3,641 1,791
,679 ,775 4,171 3,604 1,717
,586 ,578 4,072 3,506 ,603
,441 ,545 4,127 3,418 1,637
249
222
209
212
226
229
224
234
242
270
250
261
,670
,786
SB71
,728
,736
,647
,656
,443
,320
,077
,018
972
3,763
3,626
3,678
3,731
3,692
3,425
3,576
3,290
3,137
2,574
2,279
2,024
114 3,634
7,073
7,213 i 83 3,797
240 3,874
7,266
1 7,328
307 3,814
: 7,407
92 3,716
7,258
159 3,534
7,151 ' 243 3,582
7,070
73 1,268
248 3,078
6,892
6,484
235 2,705
6,251
95 2,569
6,013
264 2,459
82
57
35
26
28
56
44
75
127
398
404
499
555
520
518
515
503
485
482
471'
462
418
394
375
,637
,470
,342
,202
,174
,154
,056
,004
,996
,922
,891
,861
(
129
89
S9
71
REPORTING MEMBER BANKS
145
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
BorRerowserves
BalNet
U.S.
ings
with Cash ances deTime Gov- Inter- at
U.S.
in
with mand de- ern- bank FedFedGovde- posits ment deern- Other eral vault doTo brokers
eral
mestic posits
All Total ment secu- ReTo
and dealers
de- posits Rebanks
othera other
direct rities serve
posits
serve
Ban-ks
obligaOutBanks
tions
side
In
N.Y. N.Y,
City City
On securities
Date!or month
1932
Total
loans
and
investments
Total
Total
6
13
20
27
20,379
20,287
20,052
19,992
13,077
13,031
12,635
12,855
5,687
5,660
5,632
5,596
450
439
412
396
362
358
346
340
4,875
4,863
4,874
4,860
7,390
7,371
7,303
7,259
7,302
7,256
7,117
7,137
4,057
3,996
3,880
3,841
3,245
3,260
3,237
3,296
1,543
1,516
1,501
1,482
256
249
240
234
987"
927
891
861
11,781
11,643
11,476
11,453
5,854
5,843
5,818
5,771
296
265
253
238
2,572
2,427
2,382
2,311
483
469
457
467
Feb. 3
Feb 10
Feb 17
Feb 24
19,979
19,785
19,731
_ „ _ _ 19,606
12,830
12,716
12,691
12,609
5,574
5,504
5,474
5,438
388
375
390
384
341
333
327
329
4,845
4,796
4,757
4,725
7,256
7,212
7,217
7,171
7,149
7,069
7,040
6,997
3,925
3,853
3,840
3,806
3,224
3,216
3,200
3,191
1,460
1,442
1,431
1,416
220
235
218
228
918
898
887
874
11,166
11,090
11,067
11,001
5,751
5,724
5.700
5,685
453
390
349
295
2,357
2,305
2,301
2,262
492
472
493
478
Jan
Jan.
Jan
Jan.
Mar.
Mar
Mar
Mar
Mar
2
9
16
23
30
19,523
19,305
19,588
19,403
19,354
12,588
12,436
12,388
12,254
12,211
5,440
5,426
5,413
5,337
5,328
391
446
456
423
428
323
321
322
319
318
4,726
4,659
4,635
4,595'
4,582
7,148
7,010
6,975
6,917
6,883
6,935
6,869
7,200
7,149
7,143
3,742
3,704
4,016
3,951
3,920
3,193
3,165
3,184
3,198
3,223
1,431
1,448
1,452
1,446
1,459
206
211
202
210
215
912
872
972
917
949
11,003
10,970
10,992
10,843
10,941
5,700
5,714
5,687
5,675
5,680
225
153
547
485
452
2.386
2,340
2,444
2,376
2,400
474
397
328
334
305
Apr
Apr.
Apr
Apr.
6
13
20
27
19,173
19,058
19,119
19,033
12,060
11,970
11,969
11,882
5,222
5,148
5,131
5,099
414
389
404
394
311
300
300
305
4,497
4,459
4,427
4,400
6,838
6,822
6,838
6,783
7,113
7,088
7,150
7,151
3,882
3,858
3,874
3,884
3,231
3,230
3,276
3,267
1,475
1,546
1,512
1,657
201
206
199
207
1,010
1,069
1,084
1,163
10,875
10,976
11,053
11,144
5,656
5,629
5,655
5,685
381
329
212
177
2,561
2,575
2,613
2,682
313
314
255
225
May
May
May
May
4 ..
11
18
25
19,277
19,140
19,037
18,994
11,842
11,717
11,661
11,588
5,063
4,977
4,950
4,910
405
342
323
305
304
296
285
286
4,354
4,339
4,342
4,319
6,779
6,740
6,711
6,678
7,435
7, 423
7,376
7,406
4,163
4,144
4,093
4,084
3,272
3,279
3,283
3,322
1,668
1,682
1,718
1,753
201
208
207
208
1,250
1,235
1,233
1,210
11,082
11,146
11,134
11,158
5,705
5,709
5,674
5,673
485
369
320
271
2,832
2,787
2,756
2,734
205
175
180
178
June 22
June 29 .
_ -- 19,016
18,712
19,087
18,819
-- .- 18,754
11,631
11,397
11,515
11,297
11,263
4,907
4,798
4,828
14,778
4,745
322
287
318
277
261
283
276
287
273
283
4,302
4,235
4,223
4,228
4,201
6,724
6,599
6,687
6,519
6,518
7,385
7,315
7,572
7,522
7,491
4,032
4,077
4,338
4,298
4,254
3,353
3,238
3,234
3,224
3,237
1,658
1,639
1,637
1,611
1,584
202
205
205
213
240
1,202
1,203
1,246
1,225
1,167
11,102
10,991
11,119
10,926
10,925
5,664
5,624
5,601
5,568
5,542
243
114
457
394
340
2,740
2,727
2,747
3,660
2,581
197
207
198
189
167
July 6
July 13 .
July 20
July 27
18,532
18,478
18,333
. .- 18,334
11,116
11,149
11,028
10,992
4,632
4,626
4,618
4,587
247
260
250
249
272
"267
262
260
4,113
4,099
4,106
4,078
6,484
6,523
6,410
6,405
7,416
7,329
7,305
7,342
4,210
4,123
4,107
4.136
3,206
3,206
3,198
3,206
1,510
1,558
1,578
1,627
228
227
224
214
1,175
1,190
1,166
1,147
10,799
10,879
10,735
10,758
5,542
5,525
5,537
5,588
201
128
88
65
2,636
2,632
2,601
2.556
197
207
229
214
Aug
Aug
Aug.
Aug.
Aug.
18,696
- .- 18,622
18,580
18,499
18,539
10,996
10,958
10,909
10,828
10,796
4,632
4,612
4,586
4,551
4,512
251
266
264
274
263
270
258
260
256
256
4,111
4,088
4,062
4,021
3,993
6,364
6,346
6,323
6,277
6,284
7,700
7,664
7,671
7,671
7,743
4,488
4,482
4,499
4,491
4,535
3,212
3,182
3,172
3,180
3,208
1,558
1,618
1,633
1,698
1,710
202
208
201
206
204
1,217
1,240
1,278
1,266
1,288
10,751
10,795
10,819
10,862
10,982
5,612
5,63.8
5,633
5,635
5,632
361
304
252
223
182
2,685
2,713
2.744
2,717
2,758
188
163
162
150
158
Sept. 7
Sept. 14.
Sept. 21Sept. 28
- -- 18,564
18,556
18,930
18,907
10,812
10,766
10,729
10,706
4,519
4,547
4,511
4,521
293
354
329
346
256
"260
257
254
3,970
3,933
3,925
3,921
6,293
6,219
6,218
6,185
7,752
7,790
8,201
8,201
4,535
4,559
4,981
4,960
3,217
3,231
3,220
3,241
1,703
1,810
1,767
1,831
206
217
198
206
1,347
1,462
1,431
1,448
11,011
11,232
11,100
11,229
5,622
5,610
5,627
5,640
147
147
608
608
2,875
2,997
2,962
2,991
153
148
113
101
Get
Oct
Oct.
Oct
5
12
19
26
18,882
18,981
19,121
- -- 19,118
10,637
10,634
10,632
10,516
4,481
4,467
4,447
4,352
348
357
356
277
250
255
259
252
3,883
3,855
3,832
3,823
6,156
6,167
6,185
6,164
8,245
8,347
8,489
8,602
5,003
5,064
5,195
5,298
3,242
3,283
3,294
3,304
1,828
1,799
1,871
1,975
197
207
203
203
1,539
1,570
1,589
1,555
11,208
11,309
11,382
11,470
5,644
5,660
5,692
5,725
593
550
598
560
3,198
3,189
3,212
3,164
107
107
94
103
Nov 2
Nov. 9 - .
Nov. 16
Nov 23
Nov. 30
19,026
19,026
... 18,947
18,933
19,002
10,441
10,425
10,343
10,375
10,413
4,311
4,295
4,249
4,257
4,288
287
239
286 . 235
271
230
277
230
282
232
3,785
3,774
3,748
3,750
3,774
6,130
6,130
6,094
6,118
6,125
8,585
8,601
8,604
8,558
8,589
5,284
5,291
5,303
5,252
5,266
3,301
3,310
3,301
3,306
3,323
1,929
1,907
1,957
1,966
1,985
189
217
199
211
209
1,589
1,618
1,675
1,623
1,639
11,461
11,505
11,584
11,559
11,745
5,709
5,707
5,694
5,682
5,668
534
484
466
441
423
3,241
3,294
3,335
3,267
3,290
105
99
98
95
97
Dec. 7.
Dec 14
Deo. 21
Dec. 28
... 18,841
18,839
18,874
. .. 18,804
10,364
10,331
10,368
10,297
4,307
4,322
4,331
4,315
321
340
335
340
229
231
242
239
3,757
3,751
3,754
3,736
6,057
6,009
6,037
5,982
8,477
8,508
8,506
8,507
5,226
5,209
5,236
5,207
3,251,
3,299
3,270
3,300
1,955
1,992
2,014
2,049
212
229
242
233
1,646
1,714
1,691
1,710
11,552
11,714
11,727
11,758
5,644
5,653
5,6,41
5,656
368
348
426
399
3,308
3,330
3,309
3,304
89
79
64
67
12,975
12,711
12,375
11,970
11,702
11,420
11,071
10,897
10,753
10.605
10,400
10,340
5,644
5,497
5,388
5,150
4,975
4,811
4,616
4,578
4,524
4,437
4,280
4,319
424
384
429
400
344
293
252
264
330
335
281
334
352
332
320
304
293
280
265
260
257
254
233
235
4,868
4,781
4,639
4,446
4,338
4,238
4,099
4,054
3,937
3,848
3,766
3,750
7,331
7,214
6,987
6,820
6,727
6,609
6,455
6,319
6; 229
6,168
6,120
6,021
7,203
7,064
7,059
7,126
7,410
7,457
7,348
7,690
7,986
8,421
8,587
8,500
3,943
3,856
3,866
3,875
4,121
4,200
4,144
4,499
4,759
5,140
5,279
5,220
3,260 ,510
3,208 ,437
3,193 ;447
3,251 ,548
3,289 ,705
3,257 ,626
3,204 ,568
3,191 ,643
3,227 ,778
3,281 1,868
3,308 1,949
3,280 2,002
245
225
209
203
206
213
223
204
207
203
205
229
917
894
925
,081
,232
,209
,170
,258
,422
,563
,629
,690
11,588
11,081
10,950
11,012
11,130
11,013
10,793
10,842
11,143
11,342
11,571
11,688
5,821
5,715
5,691
5,656
5,690
5,599
5,548
5,630
5,625
5,680
5,692
5,648
263
372
372
275
361
310
121
265
378
575
470
385
2,433
2,306
2,389
2,608
2,777
2,691
2,606
2,723
2,956
3,191
3,285
3.313
469
484
368
277
185
191
212
164
128
103
99
75
June 1
June 8
3
10
17
24
31
Monthly averages:
March
April
May
June
July
A ugw*>t t
September
October
December
20,178
19,775
19,434
19,096
19,112
18,877
18,419
18,587
18,739
19,026
18,987
18,840
146
BANKING AND MONETARY STATISTICS
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1141-Continued
[Wednesday figures. In millions of dollars]
Loans
Investments
On securities
Total
loana
and
investments
Date or month
1933
4 .
11
18
25
To brokers
and dealers
Total
Total
To
All
others other
OutIn
side
N.Y. N.Y.
City City
ReNet
serves
Balwith Cash ances
deU.S.
in
with mand
FedGovern- Other eral vault dodemestic posits
Total ment secu- Rehanks
direct rities serve
obligaBanks
tions
BorrowU.S.
ings
Time Gov- Inter- at
ern- bank Feddeposits ment deeral
* de- posits Reposits
serve
Banks
18,713
18,673
18,655
,„, 18,619
10.214
10,136
10,115
10,040
4,271
4,237
4,213
4,173
346
331
320
310
237
232
237
216
3,688
3,674
3,656
3,647
5,943
5,899
5,902
5,867
8,499
8,537
8,540
8,579
5,205
5,262
5,291
5,283
3,294
3,275
3,249
3,296
2,050
2,137
2,093
2,081
221
216
208
211
1,754 11,823
1,819 11,940
1,830 11,907
1,833 11,936
5,706
5,701
5,702
5,656
332
286
266
243
3,470
3,562
3,558
3,524
61
58
59
76
18,725
18,573
38,571
. ... 18,257
10,166
10,028
10,083
1 9,865
4,259
4,204
4,206
4,199
384
353
354
355
227
218
223
215
3,648
3,633
3,629
3,629
5,907
5,824
5,877
5,666
8,559
8,545
8,488
8,392
5,253
5,248
5,206
5,115
3,306
3,297
3,282
3,277
1,994
1,977
1,794
1,814
193
213
249
283
1,832
1,734
1,563
1,287
11,899
11,699
11,552
11,286
5,648
5,626
5,608
5,499
300
245
190
148
3,558
3,440
3,218
2,778
81
70
100
130
17,823
16,314
16,606
16,617
16,611
9,627
8,692
8,770
8,777
8,714
4,234
3,895
3,897
3,861
3,779
340
337
311
318
292
237
223
206
217
205
3,657
3,335
3,380
3,326
3,282
5,393
4,797
4,873
4,916
4,935
8,196
7,622
7,836
7,840
7,897
4,908
4,547
4,703
4,704
4,726
3,288
3,075
3,133
3,136
3,171
1,599 ' 389
574
1,325
498
1,481
1,384
308
1,507
278
866 10,605 5,288
607 9,465 4,564
771 9,696 4,636
940 9,846 4,643
963 10,015 4,652
00
43
295
297
296
2,199
1,752
1,833
2,159
2,199
488
1,088
865
383
292
_ _ _ . , _ „ . 16,559
16,525
16,512
16,786
8,638
8,634
8,599
8,810
3,748
3,721
3,718
3,808
301
298
314
392
202
200
201
199
3,245
3,223
3,203
3,217
4,890
4,913
4,881
5,002
7,921
7,891
7,913
7,976
4,749
4,747
4,797
4,856
3,172
3,144
3,116
3,120
1,481
1,608
1,661
1,641
243
241
227
246
1,074
1,161
1,213
1,278
10,095
10,249
10,390
10,742
4,659
4,656
4,666
4,684
298
298
195
144
2,410
2,484
2,560
2,687
186
180
170
148
May 3 ._........ 17,033
May 10
17,066
17,095
May 17»
May 24
17,101
17,184
May 31
8,872
8,872
8,883
8,821
8,952
3,869
3,886
3,889
3,812
3,876
443
493
547
494
564
208
189
184
185
181
3,218
3,204
3,158
3,133
3,131
5,003
4,986
4,994
5,009
5,076
8,161
8,194
8,212
8,280
8,232
5,096
5,097
5,130
5,172
5,146
3,065
3,097
3,082
3,108
3,086
1,523
1,591
1,610
1,699
1,679
228
226
212
213
221
1,283
1,337
1,405
1,401
1,441
10,691
10,843
11,021
11,060
11,257
4,673
4,668
4,626
4,653
4,654
275
237
224
227
224
2,732
2,804
2,862
2,857
2,914
170
118
119
109
102
June 7
June 14..
June 21
June 2 8
17,248
.... 17,296
17,621
_ _ _ _ _ _ 17,495
8.S80
9,032
8,985
8,945
3,906
3,963
3,943
3,931
627
712
715
703
183
182
159
162
3,096
3,069
3,069
3,066
5,074
5,069
5,042
5,014
8,268
8,264
8,636
8,550
5,214
5,199
5,542
5,493
3,054
3,065
3,094
3,057
! 1,695
1,771
1,689
1,766
208
213
203
212
1,554
1,641
1,450
1,381
11,324
11,574
11,196
11,130
4,647
4,633
4,717
4,801
186
162
662
662
3,075
3,188
2,927
2,864
85
72
58
32
July 5
July 12..
July 19
July 26
17,524
17,571
17,613
_ 17,535
9,027
9,149
9,159
9,080
3,995
4,067
4,057
3,995
801
893
904
832
164
171
172
172
3,030
3,003
2,981
2,991
5,032
5,082
5,102
5,085
8,497
8,422
8,454
8,455
5,445
5,368
5,377
5,364
3,052
3,054
3,077
3,091
1,678
1,713
1,728
1,763
221
217
205
207
1,409
1,355
1,273
1,187
11,053
11 , 125
11,083
11,035
4,894
4,923
3,948
4,942
635
610
610
588
2,968
2,888
2,807
2,680
31
21
22
28
Aug. 2
Aug. 9 . „
Aug. 16
Aug. 23..
Aug. 30
17,431
_ .. 17,400
17,612
17,505
17,520
9,064
9,053
9,101
9,019
9,053
3,978
3,970
4,001
3,936
3,965
815
819
835
792
821
168
163
169
164
166
2,995
2,988
2,997
2,980
2,978
5,086
5,083
5,100
5,083
5,088
8,367
8,347
8,511
8,486
8,467
5,296
5,289
5,459
5,426
5,408
3,071
3,058
3,052
3,060
3,059
1,755
1,795
1,819
1,877
1,889
195
205
199
205
219
1,196
1,206
1,208
1,214
1,225
10,903
10,913
10,810
10,819
10,882
4,948
4,955
4,966
4,948
4,941
587
587
940
917
907
2,677
2,699
2,587
2,554
2,566
31
28
38
29
31
Sept. 6
Sept. 13
Sept 20_
Sept. 27 ,
17,481
17,486
17,512
.... 17,448
9,059
9,113
9,085
9,066
3,946
3,967
3,901
3,887
808
832
768
752
164
167
168
171
2,974
2,968
2,965
2,904
5,113
5,146
5,184
5,179
8,422
8,373
8,427
8,382
5,364
5,316
5,360
5,328
3,058
3,057
3,067
3,054
1,888
1,987
1,986
2,036
211
214
207
224
1,243
1,324
1,293
1,271
10,830
11,032
10,995
10,974
4,928
4,918
4,933
4,930
906
906
906
904
2,630
2,697
2,707
2,642
27
22
20
22
17,476
17,467
17,516
17,392
9,097
9,106
9,180
9,074
3,854
3,844
3,880
3,788
737
730
763
680
170
171
173
176
2,947
2,943
2,944
2,932
5,243
5,262
5,300
5,286
8,379
8,361
8,336
8,318
5,295
5,266
5,252
5,230
3,084
3,095
3,084
3,088
1,940
1.989
2,056
2,100
219
238
228
226
1.289
1,291
1,341
1,316
10,917
10,992
11,176
11,159
4.918
4,909
4,911
4,912
904
904
817
758
a ,758
2,718
2,857
2.7SO
20
23
20
22
17,695
17,665
17,618
17,562
17,611
9,126
9,126
9,083
9,035
9,089
3,808
3,794
3,756
3,745
3,766
694
684
660
645
662
178
175
166
168
168
2,936
2,935
2.930
2,932
2,936
5,318
5,332
5,327
5,290
5,323
8,569
8,539
8,535
8,527
8,522
5,461
5,444
5,432
5,411
5,415
3,108
3,095
3,103
3,116
3,107
2,002
1,982
2,037
2,077
1,981
218
246
234
245
249
1,341
1,257
1,312
1,279
1,244
11,124
11,004
11,114
11,158
11,236
4,911 1,054 2,832
4,937 1,043 2,797
4,917 1,000 2,874
953 2,814
4,893
852 2,778
4,855
24
21
22
23
28
Dec. 6.
.. 17,550
Dec. 13 .... „ 17,474
17,680
Dee. 20
17,650
Deo. 27
9,018
8,994
8,987
8,934
3,755
3,797
3,801
3,831
670
707
693
750
165
165
166
161
2,920
2,925
2,936
2,920
5,264
5,197
5,186
5,103
8,531
8,480
8,693
8,716
5,448
5,458
5,629
5,602
3,083
3,022
3,064
3,114
1,944
2,026
2,011
2,035
256 ,228 11,143 4,814
270 1,292 11,277 4,804
289 1,263 11,189 4,801
283 1,290 11,383 4,790
18,665 10,126 4,224
18,532 10,036 4,217
16,794 8,916 3,934
16,596 8,670 3,749
17,096 8,880 3,866
17,415 8,986 3,936
17,560 9,103 4,028
17,494 9,058 3,970
17,482 9,081 3,925
17,462 9,114 3,841
17,630 9,092 3,774
17,589 8,984 3.796
327
362
320
326
508
689
857
816
790
728
669
707
231
221
218
201
189
172
170
166
168
172
171
164
3,666
3,634
3,396
3,222
3,169
3,075
3,001
2,988
2;967
2,941
2,934
2,925
5,902
5,819
4,982
4,921
5,014
5,050
5,075
5,088
5,156
5,273
5,318
5,188
8,539
8,496
7,878
7,926
8,216
8 ,'429
8,457
8,436
8,401
8,348
8,538
8,605
5,260
5,206
4,717
4,788
5,128
5,362
5,388
5,376
5,342
5,261
5,433
5,534
3,279
3,290
3,161
3,238
3,088
3,067
3,069
3,060
3,059
3,087
3,105
3,071
2,090
1,895
1,460
i,598
1,620
1,730
1,721
1,827
1,974
2,021
2,016
2,004
214
234
409
239
220
209
212
205
214
228
238
274
Jan.
Jan.
Jan.
Jan.
Feb. 1
Feb. 8
Feb. 15
Feb. 22
Mar.
Mar
Mar.
Mar.
Mar
1
8
15
22
29
Apr.
Apr.
Apr.
Apr.
5....
12
19...
26
Oct.
Oct.
Oct.
Oct.
4
11
18
25.,..,
Nov. 1. „
Nov. 8 .
Nov. 15
Nov. 22
Nov . 29
Monthly averages:
January
Februarv
March
April
....
May
June
July...
August
..
September
October
November
. _
December
1
1,809
1,604
830
,181
,373
,507
1,306
,210
,283
1,310
1,287
1,269
11,902
11,609
9,927
10,369
10,975
11,306
11,074
10,865
10,958
11,061
11,128
11,248
5,691
5,595
4,756
4,66§
4,655
4,700
4,927
4,952
4,928
4,912
4,902
4,«02
818
765
930
865
2,810
2,812
2,797
2,838
27
27
25
24
282
221
204
234
237
418
611
788
904
846
980
845
3,528
3,249
2,028
2,535
2,834
3,013
2,836
2,616
2,669
2,781 i
2,819
2,814
64
95
623
171
124
62
25
31
23
21
24
26
REPORTING MEMBER BANKS
147
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES-PRINCIPAL ASSETS AND
LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
BorRerowNet
Balserves
ings
U.S.
with Cash ances
Time Gov- Inter- at
U.S.
dein
with mand
Federn- bank FeddeGovern- Other eral vault doTo brokers
de- posits ment deeral
All Total ment secu- ReTo
and dealers
mestic posits
de- posits Reothers other
direct rities serve
posi.ts
banks
serve
OutBanks
obligaBanks
In
side
tions
N. Y. N.Y.
City City
On securities
Total
loans
and
investments
Date or month
Total
Total
1934 i
Jan, 3
Jan, 10--.
Jan. 17
Jan. 24. .
Jan. 31
17,581
17,385
17,445
17,395
18,158 '
3,824
3,700
3,687
3,697
3,805
791
692
701
721
832
152
146
142
143
149
2,881
2,862
2,844
2,833
2,824
5,091
5,039
5,058
5,039
5,065
8,666
8,646
8,700
8,659
9,288
5,542
5,557
5,575
5,599
6,184
3,124
3,089
3,125
3,060
3,104
2,055
2,108
2,103
2,169
1,985
269
271
252
252
236
,353
,303
,366
,411
,411
11,483
11,481
11,634
11,668
11,648
Feb. 7
Feb. 14
Feb. 21
Feb. 28
18,123 1 8,818 3,785
18,146 8,800 3,729
18,582 1 8,861 3,827
18,482 8,697 3,715
839
796
892
794
150
148
155
155
2,796
2,785
2,780
2,766
5,033
5,071
5,034
4,982
9,305
9,346
9,721
9,785
6,251
6,285
6,648
6,691
3,054
3,061
3,073
3,094
2,026
2,131
2,124
2,392
248
258
251
245
1,427
1,522
1,476
1,529
11,660
11,882
11,793
11,949
,841
,813
,846
,843
Mar. 7
Mar. 14
Mar. 21
Mar. 28
18,501
18,586
18,599
18,537
8,678
8,790
8,706
8.669
3,688
3,785
3,745
3,704
785
873
843
833
154
167
180
162
2,749
2,745
2,722
2,709
4,990
5,005
4,961
4,965
9,823
9,796
9,893
9,868
6,718
6,666
6,706
6,652
3,105
3,130
3,187
3,216
2,596
2,706
2,709
2,701
253
259
248
265
,561
,671
,690
,664
12,060
12,308
12,285
12,361
Apr. 4
Apr. 11
Apr. 18
Apr. 25
J8,545
18,636
18,551
18,502
8,746
8,819
8,706
8,615
3,762
3,803
3,766
[3,696
900
956
948
2,698
2,669
2,644
2,615
4,984
5,016
4,940
4,919
9,799
9,817
9,845
9,887
6,572
6,617
6,619
6,678
3,227
3,200
3,226
3,209
2,693
2,779
2,877
2,974
261
267
262
265
,725
,743
,742
,738
9,868
9,748
9,775
9,803
9,825
6,657
6,650
6,657
6,665
6,654
8,915
8,739
8,745
8,736
8,870
747
4,808
600
4,804
487
4,814
393
4,840
4,836 1,035
2,977
2,949
3,055
3,146
3,113
26
22
21
20
13
1,048
1,051
1,508
1,557
3,287
3,363
3,305
3,339
12
10
11
12
,852
,859
,889
,890
1,593
1,593
1,592
1,494
3,489
3,623
3,647
3,602
10
10
9
9
12,494
12,745
12,803
12,907
,877
,894
,917
,954
1,436
1,380
1,309
1,244
3,736
3,777
3,805
3,759
8
7
6
7
902
164
178
174
179
May 2
May 9..
May 16.
May 23
May 30..
18,496 8,628 3,752
___ .. 18,358 1 8,610 |3,730
18,333 8,558 3,679
18,297 8,494 3,643
18,338 j 8,513 !3,650
923
898
892
853
863
178
176
172
166
165
2,651
2,656
2,615
2,624
2,622
4,876
4,880
4,879
4,851
4,863
3,211
3,098
3,118
3,138
3,171
2,778
2,888
2,906
2,992
3,003
252
266
256
262
268
,701
,729
,765
,744
,710
12,856
12,836
12,910
12,958
13,068
,931
,950
,959
,947
,941
1,116
1,090
1,057
1,046
1,011
3,761
3,845
3,855
3,824
3,769
6
6
5
6
8
June 6__June 13
June 20__ .
June 27-.
18,450 8.579 3,729
18,421 S 8,569 3,729
_ _ _ _ 18,775 8,540 3,743
18,863 8,498 3,701
935
957
979
959
179
176
189
186
2,615
2,596
2,575
2,556
4,850 9,871 6,690. 3,181
4,840 9,852 6,655 3,197
4,797 10,235 7,043 3,192
4,797 10,365 7,139 3,226
2,979
3,065
2,989
3,061
264
271
257
270
,763
,807
,755
,755
13,123
13,307
13,012
13,149
,930 1,011
,944
963
,992 1,440
,009 1,447
3,907
3,946
3,793
3,800
5
5
6
5
July 4.-.,
July 11
July 18
July 25._
„_ . 18,918
18,910
18,940
... . 18,915
8,523
8,491
8,447
8,421
3,728 1,007
3,724 1,004
3,692
986
962
3,661
191
185
181
176
2,530
2,535
2,525
2,523
4,795
4,767
4,755
4,760
10,395
10,419
10,493
10,494
7,168
7,173
7,200
7,186
3,227
3,246
3,293
3,308
2,927
3,063
3,122
3,185
255
270
257
258
,811
,860
,865
,823
13,201
13,310
13,367
13,436
,005
,029
,028
,019
1,444
1,443
1,443
1,384
3,959
4,047
4,061
4,026
10
5
5
5
Aug. 1
Aug. 8
Aug. 15
Aug. 22.
Aug. 29
18,958
18,886
18,947
_ . 18,943
18,920
8,355
8,307
8,306
8,292
8,276
3,524
3,469
3,459
3,435
3,410
833
780
771
762
743
170
168
172
171
177
2,521
2,521
2,516
2,502
2,490
4,831
4,838
4,847
4,857
4,866
10,603
10,579
10,641
10,651
10,644
7,201
7,174
7,189
7,183
7,158
3,402
3,405
3,452
3,468
3,486
3,088
3,193
3,186
3,210
3,280
243
256
253
255
265
1,737
1,703
1,750
1,708
1,718
13,429
13,413
13,527
13,513
13,630
,004
,009
,026
,033
,030
1,385
1,385
1,342
1,323
1,287
3,947
3,941
3,998
3,921
3,901
5
5
5
5
5
747
830
834
927
886
958
990
778
147
152
166
174
171
182
183
171
2,849
2,782
2,731
2,656
2,634
2,586
2,528
2,510
5,058 8,792 5,692 3,100
5,030 9,539 6,469 3,070
4,980 9,845 6,686 3,159
4,965 9,837 6,622 3,215
4,870 9,804 6,657 3,147
4,821 10,080 6,881 3,199
4,769 10,450 7,182 3,268
4,848 10,624 7,181 3,443
2,084
2,168
2,678
2,830
2,913
3,024
3,074
3,192
652 3,048
256 1,369 11,583 ,820
251 1,489 11,821 ,836 1,291 3,324
256 ,647 12,254 ,872 1,568 3,591
264 ,737 12,737 ,911 1,342 3,769
261 ,730 12,925 ,945 1,064 3,811
'266 ,770 13,148 4,969 1,215 3,861
260 ,840 13,329 5,020 1,429 4,023
254 ,723 13,503 5,020 1,344 3,942
20
11
9
7
6
5
6
5
Monthly averages:
January
February
March .
April
May.
June-.
July .
August
1
8,801
8,794
8,711
8,722
8,561
8,547
8,470
8,307
:
3,743
3,764
3,731
3,757
3,691
3,726
3,701 1
3,459 '
1
Report form changed on September 5,
17,593
18,333
18,556
18,559
18,365
18,627
18,920
18,931
1934; see next two pages for remainder of 1934.
BANKING AND MONETARY STATISTICS
148
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES[Wednesday figures. In millions of dollars]
Loans
Date or month
1934
Sept. 5
Sept. 12
Sept. 19
Sept. 26
Total
loans
and
investments
Total
To
brokers To
and
others
on
dealers
in
secusecurities
rities
Investments
U. S. Government
obligations
Other
Open
loans
marReal
to
To
ket
estate custom- banks paper
ers
Total
Total
Direct
Guaranteed
Reserves Cash
with
in
Other Federal vault
secu- Reserve
rities Banks
B'lances
with
domestic
banks
18,970
18,978
.. . 18,961
18,998
8,366
8,329
8,271
8,265
958
920
867
857
2,369
2,349
2,340
2,332
1,153
1,152
1,148
1,149
3,303
3,308
3,328
3,337
123
137
114
117
460
463
474
473
10,604
7,649
7,693
10,649
10,690 1 7,757
7,762
10,733
7,054
7,094
7,159
7,163
'595
'599
>598
"599
'2,955
»2,956
'2,933
'2,971
3,068
3,091
3,039
3,134
258
278
276
287
1,651
1,677
1,673
1,667
19,026
19,039
19,075
19,070
19,071
8,269
8,290
8,324
8,310
8,281
840
845
878
882
869
2,320
2,323
2,315
2,306
2,294
1,148
,148
,149
,147
,149
3,357
3,381
3,381
3,370
3,375
123
112
119
123
120
481
481
482
482
474
10,757
10,749
10,751
10,760
10,790
7,637
7,658
7,664
7,688
7,770
7,169
7,192
7,182
7,183
7,185
468
466
482
505
585
3,120
3,091
3,087
3,072
3,020
3,036
3,120
3,114
3,136
3,151
277
298
285
291
288
1,674
1,709
1 , 752
1,720
1,735
Nov. 7
Nov. 14,..
....
Nov. 21
Nov. 2 8 _ _ . , _ . _ _ _ . . _
19,068
18,986
18,914
18,988
8,213
8,188
8,160
8,171
835
827
828
837
2,285
2,291
2,281
2,287
,147
,145
,142
1,140
3,341
3,327
3,307
3,317
125
120
119
122
480
478
483
468
10,855 j 7,831
10,798 | 7,852
7,822
10,754
10,817 7,870
7,228
7,256
7,222
7,265
803
596
600
605
3,024
2,946
2,932
2,947
3,135
3,210
3,331
3,270
310 1,731
312 1 1,796
297 | 1,781
307 1,738
Dec. 5
Dec. 12.
Dec. 19
Dec. 26....
19,100
19,127
19,608
19,544
8,240
8,205
8,215
8,123
903
912
937
906
2,300
2,293
2,284
2,280
1,141
1,139
1,139
1,137
3,301
3,268
3,267
3,239
134
133
129
112
461
460
459
449
10,860 ' 7,907
10,922 7,964
8,383
11,393
11,421 j 8,399
7,294
7,348
7,762
7,776
613
616
621
623
2,953
2,958
3,010
3,022
3,19S
3,219
3,109
3,111
302
327
336
356
Monthly averages:
September
October
November
December
18,977
19,056
18,989
19,345
8,308
8,295
8,183
8,196
900
863
832
915
2,348
2,311
2,286
2,289
1,151
1,148
1,143
1,139
3,319
3,373
3,323
3,269
123
120
122
127
467
480
477
457
10,669 ; 7,716
10,761 7,683
10,8% ;! 7,844
8,163
11,149
7,118
7,182
7,243
7,545
598
501
601
618
2,953
3.07S
2,962
2,98ti
3, 08? i
3,111
3,23B
3,159
275
288 1,718
306 ' 1,782
330 1,888
Oct.
Oct.
Oct.
Oct.
Oct.
3
10,...
17
24,
31
1
Securities guaranteed by U. S. Government as to interest only are included with fully guaranteed obligations.
1,817
1,890
1,898
1,865
i,m>7
REPORTING MEMBER BANKS
149
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Demand deposits
Total
assets
IndividCertiuals,
fied
Demand corpodeposits rations, and
U.S
adjusted
etc.,
officers' GovernTotal
States checks, ment
liabilities
etc.
and
political
subdivisions
Time deposits
Interbank
Interbank
Cash
items
in
process
of
collection
Other
assets
1934
Sept. 5,
Sept. 12
Sept. 19
Sept. 26
1,007
1,033
987
910
,628
,641
,643
,672
26,582
26,698
26,579
26,668
10,856
10,925
10,862
11,043
11,438
11,590
11,465
11,619
425
368
384
334
3,968
1,168
1,171 , 3,969
1,172
3,971
3,932
1,173
130
128
131
131
4,889
4,889
4,876
4,875
121
122
117
119
7
5
4
4
11
14
12
10
908
926
937
960
3,517
3,516
3,510
3,511
Oct.
Oct.
Oct.
Oct.
Oct.
1,000
961
1,178
950
1,118
,690
,704
,680
,673
,701
26,703
26,831
27,084
26,840
27,064
10,940
11,068
11,181
11,262
11,301
11,580
11,681
11,912
11,828
12,028
360
348
447
384
391
1,176
1,177
1,003
915
913
4,026
4,059
4,155
4,102
4,113
125
123
130
122
132
4,868
4,866
4,859
4,877
4,875
120
122
122
121
120
4
3
4
4
4
2
2
2
3
927
938
934
963
962
3,515
3,514
3,516
3,522
3,523
1,151
1,221
990
1,114
,705
,696
,682
,686
27,100
27,221
26,995
27,103
11,261
11,288
11,392
11,499
12,019
12,118
12,020
12,190
393
391
362
423
914
874
837
802
4,171
4,232
4,197
4,121
119
119
128
137
4,863
4,848
4,823
4,800
120
122
122
119
4
4
4
3
5
2
4
6
964
986
974
990
3,528
3,525
3,524
3,512
1,061
1,152
1,143
1,030
,683
,689
,663
,670
27,161
27,404
27,757
27,576
11,482
11,546
11,437
11,419
12,043
12,260
12,089
12,068
500
438
491
381
825
824
1,437
1,437
4,254
4,326
4,254
4,194
135
132
132
137
4,747
4,748
4,769
4,781
120
121
123
121
3
3
4
6
5
11
3
2
1,007
1,020
936
937
3,522
3,521
3,519
3,512
984
1,041
1,119
1,097
,646
,690
,693
,676
26,632
26,904
27,105
27,475
10,922
11,150
11,360
11,471
11,528
11,806
12,087
12,115
378
386
391
453
1,171
1,037
857
1,131
3,960
4,091
4,181
4,257
130
126
126
134
4,882
4,869
4,833
4,761
120
121
121
121
5
4
12
2
4
5
932
944
979
975
3,514
3,518
3,522
3,519
Date or month
3
10
17
24
31
„
Nov.
Nov.
Nov.
Nov.
7
14 , 21
28 „ .
Dec.
Dec.
Dec.
Dec.
5.
12,
19
26
..
Monthly averages;
September
October
November
December
Domestic
Total
except
interForeign bank
Do- Foreign
mestic
4
4
Borrow- Other Capital
ings
acliabilities
counts
BANKING AND MONETARY STATISTICS
150
NO. 48-WEEKLY REPORTING MEMBER BANKS IN Ml LEADING CITIES[Wednesday figures. In millions of dollars]
Loans
Date or month
1935
Jan, 2 .„
Jan, 9
Jan. 16- Jan. 23
Jan. 30...
Total
loans
and
invest^
ments
Total
To
brokers To
others
and
on
dealers
in
secusecu- rities
rities
Investments
Other
Open
marloans
ket
To
to
Real
estate custom* banks paper
ere
IL S, Government
obligations
Total
Total
Direct
Guaranteed
Reserves Caah
in
with
Other Federal vault
secu- Reserve'
rities Banks j
Balances
with
domestic
banks
19,482
19,425
19,520
19,514
19,504
8,115
8,045
8,069
8,052
8,023
933
898
944
910
891
2,259
2,235
2,232
2,245
2,241
1,136
1,134
1,135
1,132
1,129
3,214
3,202
3,193
3,183
3,194
123
127
123
126
122
450
449
442
456
446
11,367
11,380
11,451
11,462
11,481
8,412
8,423
8,469
8,481
8,474
7,771
7,776
7,809
7,808
7,810
641
647
630
673
664
2,955
2,957
2,982
2,981
3,007
3,218
3,388
3,458
3,588
3,623
321
311
289
293
303
1,973
1,911
2,009
1,973
1,986
Feb.
Feb.
Feb.
Feb.
6 .„13-20.,
27
• . . 19,470
19,517
19,486
19,581
7,988
8,032
8,015
8,061
864
895
874
912
2,236
2,229
2,222
2,193
1,127
1,128
1,127
1,123
3,207
3,224
3,238
3,270
120
123
113
118
434
433
441
445
11,482
11,485
11,471
11,520
8,481
8,475
8,505
8,522
7,802
7,777
7,795
7,791
679
698
710
731
3,001
3,010
2,966
2,998
3,671
3,632
3,676
3,643
299
319
310
314
2,002
2,061
2,069
2,074
Mar.
Mar.
Mar.
Mar.
6
13..
20
27
19,727
19,797
19,770
19,748
8,192
8,168
8,115
8,083
1,033
1,031
954
956
2,215
2,208
2,216
2,200
1,120
1.120
1,120
1,122
3,284
3,283
3,290
3,271
106
103
110
102
434
423
425
432
11,535
11,629
11,655
11,665
8,533
8,602
8,633
8,610
7,783
7,853
7,887
7.858
750
749
746
752
3,002 3,569
3,027 ! 3,603
3,022 3,394
3.055 3,359
301
310
304
309
2.038
2,081
1,985
1,957
Apr.
Apr.
Apr.
Apr.
3
10
17
24..
19,793
19,822
19,928
19,883
8,084 1
917
8,065
923
8,088 ;
965
8,096 1,024
2.185
2,172
2,166
2,149
1,122
1,121
1,119
1,118
3,300
3,298
3,305
3,290
120
120
116
104
440
431
417
411
11,709
11,757
11,840
11,787
8,630
8,691
8,751
8,696
7,858
7,902
7,963
7,912
772
789
788
784
3.079 , 3.228
3,066 3,329
3,089 3,534
3,091 3,757
296
314
307
309
1,929
1,902
1,996
2,044
May 1
May8
May 15
May 22
May 29. _ „ .
19,959 8.155
19,808 8,035
19,741 ! 8,055
19,775 I 8,059
19,787 8,111
1,073
996
981
1,015
1,040
2.146
2,124
2,132
2,128
2,116
1,119
1,118
1,118
1,116
1,157
3,300
3,290
3,295
3,271
3,261
114
105
127
134
162
403
402
402
395
375
11,804
11,773
11,686
11,716
11,676
8,684
8,677
8,627
8,645
8,569
7,902
7,895
7,848
7,844
7,778
782
782
779
801
791
3,120
3,096
3,059
3,071
3,107
3,741
3,767
3,838
3.874
3,879
287
299
299
307
314
2,095
1,996
2,079
2,046
1,999
June 5
June 12
June 19
June 26
19,758
19,834
19,952
20,002
7,992
8,063
8,018
8,037
979
1,019
1,011
1,055
2,117
2,126
2,115
2,111
1,155
1,152
1.149
1,149
3,250
3,308
3,286
3,278
122
105
113
112
369
353
344
332
11.766
11,771
11,934
11,965
8,784
8,777
8,916
8,934
7,867
7,853
7,949
7,970
917
924
967
964
2,982
2,994
3,018
3,031
3,938
4,114
4,043
4,072
307
322
316
328
1,971
2,047
2,003
2,052
July 3.
July 10
July 17
July 24.
July 31-
19,828
19,730
20,089
20,054
19,845
8,037
7,942
7,993
7,931
7,811
1,104
1,035
1,053
1.022
995
2,104
2,094
2,086
2,079
2,081
1.147
1,147
1,139
1,139
1,136
3,277
3,265
3,305
3,278
3,190
83
85
98
97
103
322
316
312
318
306
11,791
11,788
12,096
12,123
12,034
8,796
8,738
9,040
9,086
8,964
7,824
7,762
8,044
8,073
7,947
972
976
996
1,013
1,017
2,995
3,050
3,056
3,037
3,070
3,875
4,051
3,917
3,918
4,084
321
334
318
323
322
2,095
2,079
2,071
2,018
2,019
Aug. 7
Aug. 14
Aug. 21Aug. 28
19,799.
19,792
19,868
19,839
7,839
7,841
7,890
7,817
1,013
1,018
1,012
938
2,076
2,071
2,077
2,071
1,135
1,138
1,136
1,135
3,202
3,220
3,281
3,288
100
83
74
75
313
311
310
310
11,960
11,951
11,978
12,022
8,883
8,869
8,868
8,912
7,864
7,849
7,847
7,877
,019
,020
,021
.035
3,077
3,082
3,110
3,110
4,095
4,239
4,295
4,354
322
332
322
333
2,045
2,105
2,123
2,143
Sept. 4
Sept, 11
Sept. 18.Sept. 25
19,908
19,974
20,410
20,456
7,861
7.935
7,937
7,985
994
1,043
1,003
987
2,066
2,061
2,061
2,073
1,132
1,136
1,139
1,140
3,279
3,307
3,321
3,352
82
74
94
109
308
314
319
324
12,047
12,039
12,473
12,471
8,947
8,940
9,349
9,320
7,864
7,840
8,249
8,227
,083
,100
,100
,093
3.100
3,099
3,124
3,151
4,223
4,373
4,147
4,264
323
347
333
339
2,168
2,239
2,240
2,202
Oct. 2 ,.
Oct. 9
Oct. 16
Oct. 23
Oct. 30
20,420
20,354
20,300
20,322
20,378
8,030
7,975
7,975
7,931
7,902
1,015
953
941
955
931
2,080
2,080
2,079
2,077
2,075
1,144
1,147
1,148
1,145
1,146
3,380
3,381
3,395
3,343
3,340
87
90
83
84
81
324
324
329
327
329
12,390
12,379
12,325
12,391
12,476
9,277
9,267
9,237
9,258
9,310
8,183
8,171
8,118
8,130
8,177
,094
,096
1,119
1,128
1,133
3,113
3,112
3.088
3.133
3,166
4,200
4,304
4,479
4,563
4,632
325
352
332
340
350
2,256
2,247
2,308
2,234
2,219
Nov. 6
Nov. 13
Nov. 20.
Nov. 27
20,426
20,490
20,490
20,632
7,968
7,997
8,002
8,152
952
974
974
1,023
2,081 1,142
2,078 '1,140
2,082 1,141
2,085 1,140
3,380
3,388
3,379
3,401
87
84
86
150
326
333
340
353
12,458
12,493
12,488
12,480
9,374
9,436
9,468
9,438
8,236
8,295
8,333
8.301
1,138
,141
,135
,137
3,084
3,057
3,020
3,042
4,641
4,708
4,754
4,759
349
363
346
358
2,263
2.368
2,350
2,323
Dec.
Dec.
Dee.
Dec.
Dec.
20,518
20,'521
20,970
20,939
20,895
8,156
8,161
8,188
8,164
8,249
1,052
1,084
1,086
1,089
1,163
2,094
2,102
2,118
2,111
2,111
1,141
1,140
1,138
1,140
1,136
3,415
3,404
3,410
3,392
3,401
98
74
79
76
76
356
357.
357
356
362
12,362
12,360
12,782
12,775
12,646
9,355
9,352
9,772
9,747
9,594
8,221
8,216
8,643
8,616
8,468
,134
,136
,129
1,131
1,126
3,007
3,008
3,010
3,028
3,052
4,894
5,024
4,492
4,466
4,597
361
379
387
386
369
2,370
2,342
2,293
2,246
2,308
19,489
19,514
19,761
19,856
19,814
19,887
19,909
19,825
20.187
20,355
20,510
20,769
8,061
8,024
8,140
8,083
8,083
8,028
7,943
7,847
7,929
7,963
8,030
8,184
915
886
994
957
1,021
1,016
1,042
995
1,007
959
981
1,095
2,242
2,220
2,210
2,168
2,129
2,117
2,089
2,074
2,065
2,078
2,081
2,107
1,133
1,126
1,121
1,120
1,126
1,151
1,142
1,136
1,137
1,146
1,141
1,139
3,197
3,235
3,282
3,298
3,283
3,280
3,263
3,248
3,315
3,368
3,387
3,404
125
119
105
116
129
114
93
83
89
85
102
81
449 11,428
438 '11,490
428 11,621
424 11,773
395 11,731
350 11,859
314 11,966
311 11,978
316 12,258
327 12,392
338 12,480
358 12,585
8,452
8,496
8,594
8,692
8,640
8,853
8,924
8,383
9,139
9,270
9,429
9,564
7,795
7,791
7,845
7,909
7,853
7,910
7,930
7,859
8,045
8,156
8,291
8,433
657
705
749
783
787
943
994
1,024
1,094
1,114
1,138
1.131
2,976
2,994
3,027
3,081
3,091
3,006
3,042
3,095
3,119
3,122
3,051
3,021
3,455
3,655
3,481
3,462
3,820
4,041
3,969
4,245
4,251
4.435
4.715
4,694
304
310
306
307
301
318
323
327
336
339
354
376
1.970
2,052
2,015
1,968
2,043
2,018
2,056
2,104
2.212
2,253
2,326
2,312
4
11....
18
24.
31
Monthly averages:
January.
February
March
April
May
June
July
August
September.,
October,. .
November
December
151
REPORTING MEMBER BANKS
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Total
assets
IndividCertiuals,
fied
Demand corpoU.S.
deposits rations, and
etc.,
officers Governadjusted
States checks. ment
Total
and
etc.
liabilities
political
subdivisions
Interbank
Interbank
Cash
items
in
process
of
collection
Other
assets
1,623
1,005
1,193
1,057
1.045
1,659
1,654
' 1,652
1,613
1.608
28,276
27,694
28,121
28.038
28,069
11.414
11,453
11.551
11,607
11.683
12.368
12,023
12,257
12,228
12,244
669
435
487
436
484
1,437
1.429
1,424
1,384
1,310
4,348
4,343
4,492
4,482
4.467
133
128
126
146
172
4,810
4,820
4,823
4,850
4,860
119
122
120
124
123
6
6
f
7
7
1
1
9
4
9
906
905
900
898
915
3,479
3,482
3,477
3,479
3,478
894
1,351
1.189
1.169
1,560
1,546
1,531
1,548
27,896
28.426
28.261
28.329
11,569
11,646
11.654
11.793
12.077
12,485
12,363
12,496
386
512
480
466
1,308
1,216
1,166
1,098
4,587
4,648
4,704
4,701
175
177
173
165
4,873
4,874
4,874
4,878
126
129
129
127
7
7
7
7
7
11
5
11
870
884
877
897
3,480
3,483
3,483
3,483
Mar. 6 Mar. 13
Mar. 20. . .
Mar. 27
1.379
1,093
1,095
1,101
1,570
1,548
1,507
1,510
28,584
28,432
28,055
27,984
11.738
11,935
11,746
11,779
12,401
12,626
12,396
12,420
716
402
445
460
1,094
1,093
1,094
1,094
4,787
4,771
4,581
4,517
158
157
158
164
4,875
4,862
4,883
4,898
130
133
137
134
7
6
6
6
8
5
26
2
917
895
851
811
3,491
3,482
3,478
3,478
Apr. 3
Apr 10
Apr. 17
Apr. 24
1,163
1,077
1,230
1,239
1,519
1,489
1,453
1,445
27,928
27,933
28.448
28,677
11.688
11,830
11,989
12,158
12,308
12,445
12,740
12,759
543
462
479
638
1,095
1,095
1,093
1,092
4,519
4,469
4,655
4,684
165
181
194
193
4,910
4,909
4,930
4,940
134
132
132
127
6
7
7
7
16
2
1
750
742
725
740
3,482
3,491
3,491
3,496
May 1
May8
May 15
May 22. .
May 29
1,849
1,028
1,291
1,076
1.108
1,460
1,437
1.454
1,483
1,494
29.391
28,335
28,702
28,561
28.581
12.231
12.244
12,334
12,501
12,556
13,203
12,835
13,083
13,127
13,202
877
437
542
450
462
1,020
943
875
839
777
4.754
4,588
4,655
4,597
4,543
188
191
192
210
283
4,991
4,977
4,983
4,966
4,935
130
129
133
130
129
8
8
8
8
7
2
17
8
4
722
722
707
714
730
3,498
3,503
3,507
3,512
3,509
June 5
June 12.,- „
June 19
June 26-
1,071
1,203
1,198
1,055
1,467
1,400
1,372
1,387
28,512
28,920
28.884
28.896
12,530
12.872
12,875
12,977
13,167
13,602
13,539
13,603
434
473
534
429
785
782
725
724
4,630
4,626
4,617
4,632
282
269
266
258
4,876
4,852
4,889
4,880
121
119
119
121
4
4
4
5
20
711
691
688
729
3,500
3,501
3.503
3.495
JulyS...
July 10.
July 17.
July 24
July 31.
1,289
1,109
1,160
1,000
1,205
1,369
1.370
1,356
1,368
1,372
28,777
28.673
28,911
28,681
28,847
12,921
13.038
13,138
13,132
12,962
13,668
13,700
13,836
13,707
13,707
542
447
462
425
460
400
363
551
550
552
4.804
4,771
4,677
4,621
4,734
249
253
255
258
269
4.842
4,852
4,839
4,851
4,856
123
119
117
119
118
5
5
5
5
5
2
1
31
22
17
666
679
655
641
642
3.476
3,483
3,483
3,482
3.487
Aug.
Aug.
Aug.
Aug.
7 .„ .
14,
21
28-
977
1,175
1,037
1,013
1,355
1,378
1,382
1,394
28,593
29,021
29,027
29,076
12,949
13,094
13,218
13.263
13,525
13,806
13,843
13,850
401
463
412
426
555
560
561
557
4,715
4,778
4,813
4,807
255
266
270
272
4,873
4,880
4,852
4,839
121
123
122
125
5
6
6
6
12
2
l"
643
651
657
701
3,488
3,486
3,491
3,492
Sept. 4
Sept. 11
Sept. 18. ..
Sept. 25
1,053
1,164
1,255
1,204
1,401
1,386
1,376
1,391
29,076
29,483
29,761
29,856
13,168
13,290
13,237
13,438
13,825
14,030
14,023
14,092
396
424
469
550
523
527
730
730
4,926
5,049
5,066
4,947
266
260
262
294
4,833
4,841
4,866
4,870
121
119
118
119
6
6
5
4
4
1
12
25
681
732
721
738
3,495
3,494
3.489
3,487
Oct. 2
Oct. 9
Oct. 16.
Oct. 23
Oct. 30
1,204
1,124
1,447
1,170
1,145
1,386
1,397
1,359
1,360
1,367
29,791
29,778
30,225
29,989
30,091
13,246
13,220
13,268
13.463
13,598
13,983
13,848
14,255
14,190
14,342
467
496
460
443
401
722
722
629
545
547
5.077
5,099
5,233
5,112
5,107
307
346
367
368
368
4,890
4,913
4,921
4,963
4,899
121
119
119
118
117
4
4
5
5
5
1
1
3
2
731
737
740
741
801
3,488
3,493
3,493
3.502
3,504
Nov. 6 *
Nov. 13.
Nov. 20
Nov. 27
1,315
1,420
1,286
1,350
1,361
1,375
1,381
1,433
30,355
30,724
30,607
30.855
13,558
13,720
13,819
14,018
14.380
14,701
14,629
14.842
493
439
476
526
546
526
502
504
5,246
5,355
5,313
5,217
368
363
377
434
4,895
4,892
4,872
4,872
116
119
117
119
4
4
3
3
2
1
793
808
803
825
3,514
3,515
3,514
3,513
Dec. 4 .
Dec. 11.
Dec. 18
Dec. 24
Dec. 31
1,223
1,295
1,439
1,317
1,872
1,421
1,422
1,386
1,390
1,395
30,787
30,983
30,967
30,744
31,436
13,911
14,092
13,843
13,785
13.887
14,612
14,911
14,720
14,609
15,032
522
476
562
493
727
482
452
705
705
701
5,389
5.338
5.219
5,171
5,222
440
438
436
436
440
4,843
4,856
4,868
4,883
4,911
116
120
117
118
128
3
3
2
2
3
1
1
1
5
1
852
866
818
804
765
3,527
3,522
3,519
3,518
3,506
1,185
1,151
1,167
1,177
1,270
1,132
1,153
1,051
1,169
1,218
1,343
1,429
1,637
1.546
1,534
1,477
1,466
1,407
1,367
1,377
1,389
1,374
1,387
1,403
28,040
28,228
28,264
28,247
28.714
28.803
28,777
28,929
29,544
29,974
30,635
30,983
11,542
11.666
11,800
11,916
12,373
12,814
13,038
13,131
13,283
13,359
13,779
13,904
12,224
12,355
12,461
12,563
13.090
13,478
13,724
13,756
13,992
14,124
14,638
14.776
502
460
505
530
553
467
467
425
460
453
484
556
1,397
1,197
1,094
1,094
891
754
483
558
628
633
519
609
4,426
4,661
4,664
4,582
4,628
4,627
4,721
4,778
4,997
5,125
5,282
5,268
141
172
159
184
213
269
257
266
270
351
385
438
4,833
4,875
4,879
4,922
4,970
4.874
4,848
4,861
4,853
4,917
4,883
4,872
122
128
134
131
130
120
119
123
119
119
118
120
6
7
6
7
8
4
5
6
5
5
4
3
5
9
10
5
6
6
14
4
10
1
1
2
905
882
869
739
719
705
657
663
718
750
807
821
3,479
3,482
3,483
3,490
3,506
3,499
3,482
3,489
3,492
3,496
3,514
3,518
Date or month
1935
Jan. 2 .
Jan. 9
Jan. 16
Jan. 23
Jan. 30 „ .
Feb.
Feb.
Feb.
Feb.
6
13.
20.
27.
.
. .
Monthly averages:
February
March
April,
May
June
July
August
September
October .
November
December
Domestic
Total
except
interForeigr i bank
Do: Foreigii
rnestic
Borrow- Other Capital
ings liabili- acties counts
2
1
152
BANKING AND MONETARY STATISTICS
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 111 LEADING CITIE*[Wednesday figures. In millions of dollars]
Loans
Total
loans
and
investments
Date or month
Total
Investments
To
brokers To
and
others
on
dealers
in
secusecu- rities
rities
Other
Open
To marloans
Real
banka ket
to
paper
estate customers
U, S. Government
obligations
Reserves Cash
in
with
Other Federa vault
secu- Reserve
rities Banks
Total
Total
Direct
Guaranteed
Balances
with
domestic
banks
\
1936
Jan. 8
Jan. 15...
Jan. 22
Jan. 29 . . ..
20,834
20,913
20,969
20,995
8,124
8,125
8,073
7,999
1,112 2,079
1,119 2,074
1,101 •2,066
1,064 2,064
1,137
1,145
1,143
1,142
3,352
3,350
3,329
3,304
78
71
67
65
366
366
367
360
12,710
12,788
12,896
12,996
9,651
9,725
9,813
9,827
8,516
8,576
8,651
8,655
1,135
1,149
1,162
1,172
3,059
3,063
3,083
3,169
4,707
4,778
4,764
4,843
370
346
347
353
2,284
2,366
2,328
2,366
_ . _ . „ _ 21,023
21,082
21,100
21,006
7,977
7,995
7,991
7,959
1,062
1,083
1,087
1,069
2,064
2,054
2,057
2,048
1,140
1,138
1,146
1,146
3,288
3; 296
3,281
3,281
70
70
69
66
353
354
351
349
13,046
13,087
13,109
13,047
9,880
9,914
9,923
9,891
8.701
8,717
8,726
8,690
1,179
1,197
1,197
1,201
3,166
3,173
3,186
3,156
4,825
4,741
4,772
4,788
339
357
359
371
2,332
2,306
2,334
2,368
21,206
21,341
21,637
21,611
8,166
8,283
8,250
8,204
1,198
1,271
1,179
1,123
2,060
2,068
2,090
2,087
1,148
1,146
1,146
1,150
3,355
3,382
3,406
3,424
64
67
83
77
341
349
346
343
13,040 9,858
13,058 9,835
13,387 10,122
13,407 10,124
8,634
8,591
8,865
8,859
1,224
1,244
1,257
1,265
3,182
3,223
3,265
3,283
4,723
4,626
4,089
4,008
360
372
362
366
2,401
2,418
2,287
2,230
Apr. 1. _.
Apr. 8
Apr. 15,
Apr. 22
Apr. 29,.
21,621
21,731
21,796
21,783
21,795
8,392
8,369
8,370
8,332
8,343
1,210
1,197
1,242
1,223
1,241
2,103
2,098
2,062
2,059
2,063
1,144
1,143
1,140
1,140
1,141
3,495
3,508
3,508
3,497
3,485
88
70
66
62
67
352
353
352
351
346
13,229
13,362
13,426
13,451
13,452
9,908
10,058
10,072
10,082
10,083
8,643
8,791
8,796
8,805
8,802
1,265
1,267
1,276
1,277
1,281
3,321
3,304
3,354
3,369
3,369
3,866
4,052
4,216
4,348
4,416
356
375
365
372
382
2,198
2,234
2,316
2,310
2,252
May 6,
May 13
May 20..
May 27
21,897
21,820
21,799
21,814
8,412
8,358
8,353
1,299
1,232
1,177
1,177
1,154
2,083
2,080
2,079
2,070
1,146
1,146
1,147
1,146
3,509
3,519
3,556
3,542
101
100
62
65
341
336
332
322
13,485
13,462
13,446
13,515
10,125
10,161
10,153
10,210
8,847
8,872
8,368
8,920
1,278
1,289
1,285
1,290
3,360
3,301
3,293
3,305
4,458
4,537
4,623
4,690
370
383
369
389
2,242
2,250
2,319
2,319
June 3
June 10
June 17
June 24
22,148
22,163
22,659
22,520
8,626
8,577
8,538
8,396
1,392
1,325
1,295
1,233
2,094
2,096
2,100
2,094
1,147
1,148
1,150
1,149
3,586
3,583
3,568
3,531
92
107
106
65
315
318
319
324
13,522
13,586
14,121
14,124
10,214
i 10,278
10,751
10,776
8,909
8,975
9,449
9,474
1,305
1,303
1,302
1,302
3,308
3,308
3,370
3,348
4,594
4,744
3,937
4,282
369
386
389
403
2,363
2,359
2.201
2,235
22,619
22,462
22,514
22,446
22,378
8,460
8,357
8,412
8,348
8,294
1,226
1,160
1,175
1,165
1,127
2,093
2,082
2,083
2,054
2,046
1,145
1,147
1,145
1,145
1,144
3,619
3,697
3,641
3,609
3,600
62
58
58
56
58
315
313
310
319
319
14,159
14,105
14,102
14,098
14,084
10,799
10,770
10,764
10,748
10,728
9,510
9,493
9,488
9,471
9,456
1,289
1,277
1,276
1,277
1,272
3,360
3,335
3,338
3,350
3,356
4,487
4,672
4,717
4,816
4,859
388
398
380
380
385
2,470
2,487
2,557
2,508
2,443
22,345
22,324
22,256
22,264
8.316
8,352
8,369
8,425
1,129
1,119
1,108
1,147
2,020
2,019
2,024
2,027
1,147
1,146
1,146
1,147
3,640
3,683
3,705
3,721
59
64
63
66
321
321
323
317
14,029
13,972
13,887
13,839
10,713
10,657
10,564
10,507
9,442
9,380
9,332
M74
1,271
1,277
1,232
1,233
3,316
3,315
3,323
3,332
4,786
4,855
4,884
4,976
368
383
373
379
2,443
2,408
2,288
2,276
. --- 22,263
22,433
..... 22,614
22,610
22,682
....
8,454
8,627
8,659
8,648
8,753
1,163
1,241
1,203
1,175
1,194
2,014
2,039
2,038
2,038
2,048
1,145
1,146
1,143
1,144
1,139
3,749
3,798
3,862
3,879
3,949
65
88
97
95
112
318
315
316
317
311
13,809
13,806
13,955
13,962
13,929
10,499
10,487
10,623
10,629
10,592
9,263
9,250
9,376
9,377
9,336
1,236
1,237
1,247
1,252
1,256
3,310
3,319
3,332
3,333
3,337
5,082
5,109
4.869
4,891
5,023
371
394
379
S91
378
2,272
2,275
2,342
2,302
2,363
22,607
22,568
22,571
22.517
8,703
8,695
8,751
8,721
1,174
1,147
1,178
1,153
2,041
2,019
2,014
2,026
1,142
1,142
1,143
1,143
3,975
4,018
4,044
4,033
56
54
56
53
315
315
316
313
13,904
13,873
13,820
13,798
10,609
10,581
10,540
10,531
9,359
9,323
9,286
9,274
1,250
1,258
1,254
1,257
3,295
3,292
3,280
3,265
5,117
5,248
5,350
5,390
390
410
393
405
2,346
2,433
2,389
2,371
Feb. 5 ....
Feb. 12
Feb. 19
Feb 26
Mar.
Mar.
Mar.
Mar.
4
11
18.. _ _ _ _ _ _ _ _ _ _
25
July 1
JulyS .
July 15
July 22
July 29
Aug.
Aug
Aug.
Aug
5
12
19
26
Sept. 2
Sept 9
Sept. 16
Sept 23
Sept. 30
Oct
Get
Oct.
Oet
...
....
7
14
21
28
Nov.
Nov.
Nov
Nov
4
10
18
25
.- 22,446
22,488
22,442
22,401
8,725
8,764
8,752
8,779
1,168
1,154
1,124
1,180
2,024
2,025
2,029
2,019
1,143
1,144
1,150
1,154
4,019
4,045
4,062
4,041
54
70
58
64
317
326
329
321
13,721
13,724
13,690
13,622
10,503
10,525
10,495
10,425
9,250
9,267
9,234
9,178
1,253
1,258
1,261
1,247
3,218
3,199
3,195
3,197
5,324
5,462
5,471
5,431
402
403
404
407
2,435
2,440
2,505
2,475
Dec.
Dec
Dec
Dec.
Dec.
2
9
16
23
30
22,459
22,594
22,875
- 22,941
22,931
8,812
8,912
9,069
9,170
9,189
1,181
1,250
1,251
1,272
1,289
2,024
"2,022
2,048
2,040
2,035
1,152
1,154
1,153
1,155
1,156
4,068
4,100
4,219
4,279
4,292
63
56
57
78
66
324
330
341
346
351
13,647
13,682
13,806
13,771
13,742
10,419
10,438
10,549
10,530
10,479
9,173
9,192
9,310
9,290
9,241
1,246
1,246
1,239
1,240
1,238
3,228
3,244
3,257
3,241
3,263
5,371
5,317
5,307
5,161
5,163
401
436
429
437
433
2,512
2,457
2,498
2,386
2,345
8,080
7,981
8,226
8,361
8,355
8,535
8,374
8,365
8,628
8,718
8,755
9,030
1,099
1,075
1,193
1,223
1,185
1,312
1,171
1,125
1,195
1,163
1,156
1,248
2,071
2,056
2,076
2,077
2,078
2,096
2,072
2,023
2,035
2,025
2,024
2,034
1,142
1,143
1,147
1,141
1,146
1,149
1,145
1,147
1,143
1,142
1,148
1,154
3,334
3,286
3,392
3,499
3,531
3,567
3,613
3,687
3,848
4,018
4,042
4,192
70
69
73
70
82
92
58
63
92
55
62
64
364
352
345
351
333
319
315
320
315
315
323
338
12,848
13,072
13,223
13,384
13,477
13,838
14,110
13,932
13,892
13,848
13,689
13,730
9,754
9,902
9,985
0,040
0,163
0,505
0,762
0,611
0,566
0,565
0,487
0,483
8,599
8,708
8,737
8,767
8,877
9,202
9,484
9,357
9,320
9,310
9,232
9,241
1,155 3,094
1,194 3,170
1,248 3,238
1,273 3,344
1,286 | 3,314
1,303 3,333
1,278 3,348
1,254 3,321
1,246 3,326
1,255 3,283
1,255 3,202
1,242 3,247
4,773 1
4,782
4,361
4,180
4,577
4,389
4,710
4,875
4,995
5,276
5,422
5,264
354
356
365
370
378
387
386
376
383
399
404
427
2,336
2,335
2,334
2,262
2,283
2,290
2,493
2,354
2,311
2,385
2,463
2,439
Monthly averages:
January
February
.„.„
March
April
May
June
„.„__-_
July.
—
August
September
._
October
November
December
20,928
21,033
21,449
21,745
21,832
22,373
22,484
22,297
22,520
22,566
22,444
22,760
REPORTING MEMBER BANKS
153
PRINCIPAL ASSFTS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Con.inued
[Wednesday figures.
In millions of dollars]
Demand deposits
IndividInterbank
Certiuals,
Demand corpofied
Total
U.S.
and
except
deposits rations,
adjusted
interetc.. officers ' GovernStates checks
Do- Foreigr i bank
ment
Total
and
mestic
etc.
liabilities
political
subdivisions
Cash
items
in
process
of
collection
Other
assets
1,271
1,536
1,331
1,203
Date or month
1,316
1,337
1,331
1,336
30,782
31,276
31,070
31,096
13,673
13,770
13,836
14,017
14,391
14,712
14,635
14,749
553
594
532
471
702
695
611
604
5,409
5,518
5,526
5,486
424
432
427
424
4,889
4,898
4,892
4,888
135
135
134
135
1636
Jan. 8
Jan. 15
Jan. 22
Jan. 29
Time deposits
Total
assets
Interbank
Do- Foreigii
mestic
Borrow - Other Capital
ings liabiliaccounts
ties
i
\
773
783
799
829
Feb.
Feb.
Feb.
Feb.
5 ... ._...
12
19... _ _ _ _ _ _ .
26
1,156
1,398
1,260
1,295
1,327
1,337
1,333
1,351
31,002
31,221
31,158
31,179
13,991
14,061
14,112
14,090
14,712
14,924
14,853
14,903
435
535
519
482
598
547
524
510
5,516
5,480
5,524
5,527
406
398
393
391
4,892
4,889
4,889
4,900
135
135
135
135
4
4
4
3
799
803
808
820
3,503
3,504
3,507
3,504
Mar.
Mar.
Mar.
Mar.
4
11
18
25
1,437
1,545
1,369
1,300
1,342
1,348
1,318
1,329
31,469
31,650
31,062
30,844
13,966
14,043
13,771
13,747
14,783
14,925
14,613
14,539
620
663
527
508
511
510
785
777
5,739
5,702
5,375
5,252
387
380
373
366
4,911
4,931
4,922
4,921
134
133
134
133
3
5
4
3
3
13
21
17
866
877
795
815
3,512
3,511
3,513
3,513
Apr
Apr.
Apr.
Apr.
Apr.
1
8
15
22,
29
1,744
1,263
1,850
1,346
1,428
1,353
1,335
1,344
1,345
1,393
31,138
30,990
31,887
31,504
31,666
13,578
13,890
13,996
14,187
14,258
14,623
14,667
15,154
15,059
15,158
699
486
692
474
528
774
760
755
751
752
5,297
5,292
5,487
5,379
5,299
370
359
351
350
348
4,909
4,956
4,958
4,985
5,047
133
135
133
133
132
4
3
3
5
5
22
6
6
2
789
803
821
833
865
3,518
3,523
3,527
3,533
3,532
May 6
May 13 . ._ .
May 20
May 27 ._ __
1,283
1,341
1,241
1,210
1,383
1,379
1,363
1,379
31,633
31,710
31,714
31,801
14,260
14,272
14,390
14,562
15,064
15,221
15,216
15,379
479
392
415
393
754
752
754
747
5,361
5,360
5,344
5,317
374
377
377
374
5,076
5,056
5,043
5,028
130
132
131
132
5
5
4
4
850
871
892
884
3,540
3,544
3,538
3,543
June 3
June 10
June 17
June 24 _
1,479
1,255
1,535
1,272
1,389
1,395
1,358
1,344
32,342
32,302
32,079
32,056
14,580
14,677
14,431
14,563
15,482
15,467
15,422
15,427
577
465
544
408
746
742
852
846
5,453
5,500
5,217
5,315
404
456
476
452
5,035
5,033
5,021
5,059
131
133
131
132
4
4
4
5
959
956
861
875
3,551
3,546
3,539
3,537
,
2,222
1,294
1,611
1,268
1,365
1,348
1,302
1,312
1,324
1,329
33,534
32,615
33,091
32,742
32,759
14,679
14,630
14,746
14,857
14,850
16,048
15,483
15,862
15,704
15,702
853
441
495
421
513
839
836
823
823
823
5,878
5,941
6,019
5,876
5,805
430
432
427
428
417
5,011
4,999
4,999
5,014
5,015
132
133
135
134
133
5
4
4
4
5
847
857
838
851
861
3,491
3,489
3,489
3,487
3,485
5
12... _ _ _ _ _ _ _ _ _
19 26
1,186
1,352
1,218
1,494
1,300
1,308
1,296
1,301
32,428
32,630
32,315
32,690
14,681
14,752
14,794
14,911
15,477
15,705
15,633
15,818
390
399
379
587
822
821
820
820
5,870
5,827
5,621
5,598
412
408
406
408
5,015
5,021
5,014
5,028
131
13r
129
128
5
6
5
4
3
4
3
825
824
813
803
3,481
3,485
3,491
3,493
1,322
1,380
1,614
1,285
1,620
1,307
1,311
1,282
1,300
1,341
32,617
32,902
33,100
32,779
33,407
14,867
14,918
14 910
14,999
15,116
15,740
15,747
16,015
15,896
16,211
449
551
509
388
525
820
821
849
849
847
5,731
5,773
5,801
5,706
5,792
403
<")2
*u8
423
480
5,032
5,036
5,031
5,018
5,063
129
128
130
129
127
4
4
4
5
4
4
22
31
17
805
920
820
842
848
3.500
3,498
3,502
3,500
3.510
2
836
§29
847
849
3,515
3,513
3,518
3,520
865
868
893
894
3,530
3,537
3,544
3,545
879
963
904
900
901
3,565
3,559
3,558
3,553
3,550
796
807
838
822
874
913
851
816
847
840
880
909
3,503
3,505
3,512
3,527
3,541
3,543
3,483
3,488
3,503
3,517
3,539
3,555
_ .
._
.
-_ .. .
July J ,._ _ _ _ _ _ _
JulyS
July 15
July 22 _
July 29
Aug.
Aug.
Aug.
Aug.
Sept. 2
Sept. 9
Sept. 16
Sept. 23..
Sept. 30 _
___ . _.
Oct. 7
Oct. 14
Oct. 21 _
Oct. 28
_, '_ _
1,338
1,743
1,465
1,400
1,305
1,299
1,284
1,303
33,103
33,701
33,452
33,386
14,989
15,052
15,228
15,340
15,877
16,362
16,245
16,286
450
433
448
454
849
848
772
704
5,903
6,032
5,954
5,909
466
480
462
462
5,073
5,068
5,072
5,065
129
130
130
132
4
4
4
5
Nov.
Nov.
Nov.
Nov.
4
10
18 _
25
_.
1,613
1,713
1,670
1,656
1,302
1,299
1,313
1,356
33,522
33,805
33,805
33,726
15,206
15,379
15,399
15,464
16,342
16,388
16,513
16,520
477
704
556
600
626
596
521
449
6,057
6,104
6,167
6,098
448
451
444
450
5,042
5,022
5,029
5,034
130
130
130
130
5
5
5
4
Dec.
Dec.
Dec.
Dec.
Dec.
2
9
16. 23
30
1,674
1,477
2,014
1,805
1,963
1,372
1,371
1,352
1,376
1,378
33,789
33,652
34,475
34,106
34,213
15,464
15,488
15,625
15,574
15,571
16,544
16,406
17,006
16,771
16,843
594
559
633
608
691
449
450
700
702
702
6,153
6,087
6,059
5,945
5,879
443
443
445
419
423
5,037
5,050
5,031
5,043
5,067
128
131
131
132
130
7
4
5
4
4
1,335
1,277
1,413
1,526
1,269
1,385
1,552
1,313
1,444
1,487
1,663
1,787
1,330
1,337
1,334
1,354
1,376
1,371
1,323
1,301
1,308
1,298
1,318
1,370
31,056
31,140
31,256
31,437
31,715
32,195
32,948
32,516
32,961
33,411
33,714
4,047
13,824
14,064
13,882
13,982
4,371
4,563
4,752
4,785
4,962
5.152
5,362
5,544
14,622
14,848
14,715
14,932
15,220
15,449
15,760
15,658
15,922
16,193
16,441
16,714
537
493
579
576
420
499
545
439
484
446
584
617
654
545
646
758
752
797
829
821
837
793
548
601
5,485
5,512
5,517
5,351
5,346
5,371
5,904
5,729
5,761
5,950
6,106
6,025
427
397
376
356
375
447
427
409
423
467
448
435
4,892
4,893
4,923
4,971
5,051
5,037
5,007
5,019
5,036
5,070
5,032
5,045
135
135
133
133
131
132
133
130
129
130
130
130
3
3
4
4
5
4
4
5
4
4
5
5
_ -
Monthly averages:
January
February
March,
_
April
May
June
July
August
September*.
October
November
December
::::_:.
______
3
2
--____
29
23
2
2
13
7
3
2
15
1
1
11
3,501
3,500
3,506
3,505
154
BANKING AND MONETARY STATISTICS
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 111 LEADING CITIES(Wednesday figures. In millions of dollars]
Investments
Loans^
Total
loans
.and
investment*
Date or
month
Memoranda1
To
For CombrokOther
loans
Open pur- merers
To
mar* chas- cial,
and others
To
to
ing indus- Other Total
Real cus- banks ket
Total dealers on
paper
secu- estate tomtrial loans
or
in
carry- and
secu- rities
ers
agriing
rities
secu- culrities2 tural
ReBalserves
with Cash ance*
in
Fedwith
Other eral vault dosecu- Remestic
Direct Guar- rities serve
bank*
anteed
Banks
U. S. Government
obligations
Total
1937
Jan. ft
Jan, 13
Jan, 20
Jan. 27
22,853
22.797
22,657
22,627
6,085
9,039
8.923
8.943
1,255
1,228
1.210
1,218
2,003
2.000
2.001
2,025
1,155
1,152
1.153
1,152
4,244
4,228
4,118
4,097
60
57
57
60
368
374
384
391
13,768
13,758
13,734
13.684
10,543
10,515
10,491
10,424
9,303
9,275
9,262
9,212
1,24,0
1,240
1,229
1,212
3,225
3,243
3,243
3,260
5,184
5,303
5.325
5,355
411
413
389
390
2,313
2,354
2,308
2,255
Feb. 3 .
Feb. 10
Feb. 17
Feb. 24,
22,579
22,655
22,589
22,675
8,941
8,964
8,968
9,054
1,204
1,205
1,201
1,260
2.035
2,023
2,013
2,012
1,151
1,149
1,149
1,149
4,099
4,116
4,129
4.149
60
72
76
79
392
399
400
405
13,638
13,591
13,621
13,621
10,363
10,337
10,317
10,303
9,149
9,121
9.107
9,094
1,214
1,216
1,210
1,209
3.275
3,254
3,304
3,318
5,330
5.351
5.333
5,291
375
397
379
398
2,249
2,231
2.321
2,206
Mar.
Mar.
Mar.
Mar.
Mar.
3
10
17
24
31
22,718
22.801
22,698
22,560
22,273
9,121
9,260
9,337
9,347
9,366
1,263
1,352
1,338
1,331
1.305
2,017
2,015
2,030
2,036
2,051
1,149
1,152
1,153
1,151
1,157
4.191
4.253
4.318
4,323
4,362
86
81
90
92
81
415
407
408
414
410
13,597
13,541
13,361
13,213
12,907
10,275
10,227
10,041
9,901
9,595
9,067
9,024
8,828
8,696
8,396
1,208
1,203
1,213
1,205
1.199
3,322
3,314
3.320
3.312
3,312
5.171
5,242
5,327
5.112
5,173
374
366
350
362
346
2.055
2,017
2,075
1,963'
1,879
Apr.
Apr.
Apr.
Apr.
7 .
14
21
28
22,356
22,293
22,268
22,202
9,373
9,394
9,402
9,428
1,278
1,261
1,269
1,297
2.049
2.048
2,047
2,040
1,156
1,153
1,156
1,156
4,407
4,463
4,462
4,458
78
74
76
84
405
395
392
393
12,983
12,899
12,866
12,774
9,709
9,640
9,617
9,545
8,520
8,457
8,439
8,370
1,189
1,183
1,178
1,175
3.274
3.259
3.249
3,229
5,176
5.381
5,378
5,425
338
353
340
354
1,924
2,018
1,962
1,964
May
May
May
May
5
12,.
1926.
22,240
. 22,205
22,177
22,182
9,533
9,531
9,500
9,, 629
1,341
1.316
1.323
1.324
2,054
2,068
2,002
1,989
1,157
1,161
1,162
1,161
4,472
4,482
4,398
4,455
128
122
118
110
381
382
497
490
722 4,205
715 4,251
12,707 9,499
12,674 9,487
,473 12,677 9,476
,478 12,653 9,467
8,334
8,323
8,314
8,308
1,165
1,164
1,162
1,159
3,208
3,187
3,201
3,186
5,307
5,359
5,349
5,385
337
349
329
338
1.797
1,783
1,781
1,796
22,158
22,214
22,573
22,414
22,290
9,571
9,647
9,741
9,766
9,760
1,333
1,369
1,370
1,444
1,447
1.995
2,000
2,010
2,011
2,016
1,161
1,166
1,166
1,171
1,169
4,476
4,508
4,553
4,533
4,563
123
123
167
142
98
483
481
475
465
467
720
719
716
716
714
4,270
4,282
4,326
4,308
4,331
,481
,507
,521
,520
,534
12,587
12,567
12,832
12,648
12,530
9,443
9,424
9,721
9,534
9,453
8,287
B.258
8,556
|8,374
8,301
1,156
1,166
1,165
1,160
1,152
3,144
3,143
3.111
3,114
3,077
5.278
5,367
5,280
5,335
5,400
329
337
299
308
303
1,766
1,751
1,774
1,734
1,783
22,217
July 7
July 14....... 22,163
22,213
July 21
July28— ,— 22,283
9,734
9,714
9,740
9,784
1,425
1,356
1,357
1,363
1.999
2,003
2,001
2,003
1,168
1,161
1,162
1,163
4,567
4,625
4,632
4,641
111
106
129
150
464
463
459
464
713
707
703
701
4,331
4,407
4,426
4,425
,522
,514
,504
,518
12,483
12,449
12,473
12,499
9,438
9,408
9,435
9,471
8,297
8,254
8,240
8,283
1,141
1,154
1,195
1,188
3,045
3,041
3,038
3,028
5,278 ' 314 1,743
5,352
325 1,801
300 ! 1,785
i 5,302
311 1,753
5,231
Aug. 4
_..
Aug. 11
Aug. 18_.._.
Aug. 25,.
22,378
22,331
22,303
22,315
9,908
9.917
9,933
9,958
1,387
1,356
1,350
1,355
2,000
2,001
2,003
2,006
1.162
1,165
1,165
1,164
4,733
4,788
4,808
4,828
164
137
139
138
462
470
468
467
702
701
697
693
4,499
4,548
4,580
4,606
,532
,540
,534
,535
12,470
12,414
12,370
12,357
9,432
9,385
9,370
9,366
8,242
8,209
8,231
8,232
1,190
1,176
1,139
1,134
3,038
3,029
3,000
2,991
5,089
5,122
5,194
5,191
287
303
292
302
1,691
1,680
1,709
1,654
Sept. 1
Sept. 8
Sept, 15......
Sept. 22
Sept. 29
22,319
22,315
22,232
22,046
22,026
10,027
10,041
10,049
10,010
10,004
1,392
1.363
1.326
1,276
1,227
2,015
2,005
2,003
1,995
2,015
1,164
1,163
1,164
1,165
1,165
4,855
4,905
4,978
5,002
5,025
135
141
109
102
97
466
464
469
470
475
703
694
682
674
682
4,638
4,688
4,758
4,772
4,807
,529
,528
,541
,547
,551
12,292
12,274
12,183
12,036
12,022
9,323
9,322
9,250
9,066
9r034
8,193
8,190
8,122
7,930
7,903
1,130
1,132
1,128
1,136
1,131
2,969
2,952
2,933
2,970
2 ggg
5,186
5,162
5,291
5,440
5,488
281
307
299
314
323
1,638
1,619
1,775
1,746
1.737
9,972 1,178 2,006 1,167 5,052
9,994 1,161 2,008 1.167 5,086
,989 1,167 5,063
9,913 1,119
9,682
956 ,979 1,169 5,016
92
94
93
81
477
478
482
481
678
673
663
660
4,828
4,868
4,837
4,780
,552
,553
,552
,555
12,003
12,005
11,977
12,012
9,042
9,050
9,028
9,066
7,911
7,917
7,896
7,933
1,131
1,133
1,132
1,133
2,961
2,955
2,949
2,946
5,424
5,339
5,368
5,404
307
347
318
334
1,764
1,828
1,787
1,742
9,625
9,600
9,532
9,479
96
73
65
64
477
481
485
479
660
659
658
651
4,761
4,780
4,738
4,683
,561
,561
,552
,553
12,029
12,008
11,998
11,953
9,105
9,100
9,099
9,086
7,968
7,972
7,974
7,966
1,137
1,128
1,125
1,120
2,924
2,908
2,899
2,867
5,325
5,309
5,365
5,394
318
331
314
317
1,744
1,755
1,867
1,850
June 2
June 9
June 16
June 23
June 30.,-,,
21,975
Get, 6.21,999
Oct. 13
21,890
Oct 20
Oct. 27 ...... 21,694
Nov.
Nov.
Nov.
Nov.
21,654
3 .
21,608
10
21,530
17
24. . . 21,432
901
877
865
881
,981
,980
,978
,965
1,169
1,169
1,169
1,168
5,001
5,020
4,970
4,922
304 1,869
21,381 9,441
Dec. 1
876 ,967 1,167 4,888
650 4,637 ,568 11,940 9,081 7,963 1,118 2,859 5,374
475
68
340 1,803
21,489 9,509
Dec. 8
946 ,965 1,168 4,877
654 4,628 ,560 11,980 9,115 8,013 1,102 2,865 5,291
476
77
337 1,869
21,668 9,500
Dec. 15
654 4,645 ,558 12,168 9,286 8,172 1,114 2,882 3,365
913 1,961 1,170 4,896
84
476
367 1,825
Dec. 22....... 21,480 9,418
887 1,952 1,166 4,870
649 4,6l7 ,556 12,062 9,177 8,067 1,110 2,885 5,335
472
71
21,402 9,387
355 1,886
Dec. 29
894 1,951 1,165 4,850
635 4,601 ,565 12,015 9,134 8,018 1,116 2,881 5,427
461
66
Monthly
averages:
January
401 2,307
22,734 8,998. 1,228 2,007 1,153 4,172
13,736 10,493 9,263 1,230 3,243 3,292
59
379
387 2,252
22,600 8,982 1,217 2,021 l',150 4,123
February . .
13,618 10,330 9,118 1,212 3,288 5,326
72
399
March
359 1,998
22,610 9,286 1,318 2,030 1,152 4,289
13,3241 10,008 8,802 1 1,206 3,316 5,205
86 I 411
346 1,967
April
_. 22,280 9,399
12,881 9,628 8,447 1,181 3,253 5,340
,276 2,046 1,155 4,448
396
78
338 1,790
May..__... 22,201 9,523 ,326 2,028 1,160 4,452
12,678 9,483 8,320 1,163 3,195 5,350
438
120
315 1,761
22,330 9,697 ,393 2,006 1,167 4,526
June.,.-717 4,303 1,512 12,633 9,515 8,355 1,160 3,118 5,332
474
131
312 1,771
22,219 9,743 ,375 2,001 1,164 4,616
July .
706 4,397 1,514 12,476 9,438 8,268 1,170 3,038 5,291
463
124
22,332 9,929 ,362 2,002 1,164 4,789
August
296 1,683
698 4,558 1,535 12,403 9,389 8,229 1,160 3,014 5,149
467
145
September. 22,187 10,026 1,317 2,007 1,164 4,952
305 1,703
687 4,733 1,539 12,161 9,199 8,068 1,131 2.9S2 5,313
469
117
326 1,781
21,889 9,890 1,103 1,996 1,168 5,054
October
669 4,828 1,553 11,999 9,046 7,914 1,132 2,953 3,384
90
479
320 1,804
November . 21,556 9,559
881 1,976 1,169 4,978
657 4,740 1,557 11,997 9,097 7,970 1,127 2,900 5,348
481
74
341 1,850
December- 21,484 9,451
472
903 1,959 1,167 4,877
648 4,626 1,562 12,033 9,159 8,046 1,113 2,874 5,358
73
1
The loan classification was revised in May (see explanation in accompanying text), and beginning with May 19 the figures in the third,
fourth, sixth, and eighth columns, particularly the eighth column, are not strictly comparable with those previously published. For some time
figures were reported on a basis which permitted an approximately comparable continuation of the old series, in addition to providing the new
Beriee. Thus, columns three to. eight give approximately the old series of loans, while columns three, five, seven, and eight together with the
three memorandum columns give the new series.
* Except to brokers and dealers in securities.
REPORTING MEMBER BANKS
155
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Total
assets
Cash
items
in
process
of
collection
Other
assets
1,549
1,652
1,497
1,494
1,335
1,339
1,355
1,368
33,645
33,858
33,531
33,489
15,425
15,562
15,547
15,530
16,423
16,659
16,563
16,510
551
555
481
514
702
655
560
526
5,998
5,989
5,927
5,896
412
410
418
411
5,052
5,053
5,050
5,052
132
132
132
133
4
3
3
3
Feb. 3 -_
Feb. 10
Feb. 17-.,
Feb. 24
1,422
1,438
1,690
1,740
1,349
1,360
1,365
1,367
33,304
33,332
33,677
33,677
15,493
15,552
15,604
15,638
16,397
16,452
16,704
16,731
518
538
590
647
476
434
383
342
5,853
5,820
5,905
5,839
414
403
410
412
5.077
5,095
5,093
5,111
135
133
133
134
3
4
4
4
Mar.
Mar.
Mar.
Mar.
Mar.
3
10
17 .
24
31,.
1,540
1,600
1.659
1,547
1.666
1,367
1,390
1,333
1,338
1,351
33,225
33,416
33,442,
32,882
32,688
15,501
15,649
15,541
15,336
15,120
16,509
16,615
16,600
16,310
16,261
532
634
600
573
525
340
379
419
355
353
5,679
5,608
5,656
5,453
5,332
418
415
429
432
447
5,167
5,147
5,128
5,129
5,144
136
135
131
133
130
Apr.
Apr.
Apr.
Apr.
7.-14.
21—
28
1,406
1,611
1,487
1,509
1,352
1,333
1,323
1,345
32,552
32,989
32,758
32,799
15,160
15,249
15,333
15,388
16,084
16,417
16,362
16,439
482
443
458
458
353
351
272
272
5,435
5,526
5,414
5,321
432
476
484
501
5,144
5,133
5.146
5,158
May
May
May
May
5
12
19
26
1,347
1,568
1,448
1.439
1,334
1,331
1,342
1,344
32.362
32,595
32,426
32,484
15,349
15,376
15,425
15,528
16,273
16,496
16,424
16,523
423
448
449
444
233
207
182
181
5,116
5,075
5,010
4,927
515
533
520
543
June 2
June 9
June 16
June 23
June 30-
1,563
1,301
1.727
1.385
1.871
1,340
1,338
1,306
1,338
1,302
32,434
32,308
32,959
32,514
32.949
15,274
15,506
15,242
15,289
15,187
16,374
16,353
16,473
16,240
16,462
463
454
496
434
596
142
103
547
549
547
5,039
4,939
4,942
4,802
4,913
1,568
1,560
1,449
1,411
1,282
1,287
1,276
1,265
32,402
32,488
32,325
32,254
14,855
15,031
15,018
15,033
15,880
16,131
16,008
15,986
543
460
459
458
477
451
429
430
1,307
1,352
1,311
1,318
1,262
1,265
1,270
1,279
32,014
32,053
32,079
32,059
14,877
14,914
14,930
14,950
15,754
15,884
15,873
15,840
430
382
368
428
1,587
1,340
1,923
1,494
1.495
1,302
1,292
1,272
1,278
1,285
32,313
32,035
32.792
32,318
32,354
14,924
14,811
14,827
14,788
14.864
15.964
15,701
16,092
15,825
15,921
Date or month
Jan.
Jan.
Jan.
Jan.
6
13
20
27
1937
July7..,
July 14 .
July 21
July 28
Aug. 4...
Aug. 11
Aug. 18Aug. 25 .
Sept. I _ _
Sept. 8
Sept. 15
Sept. 22_
Sept. 29.
.
.
.
. .
.. .
. .
IndividCertiuals,
fied
Demand corpoU.S.
deposits rations, and
officers' Governadjusted etc.,
States checks, ment
Total
etc.
and
liabilities
political
subdivisions
Interbank
Interbank
Do- Foreign
mestic
Total
except
interbank
Do- Foreign
mestic
Borrow Other Capital
ings liabili- aeties counta
1
807
842
827
873
3,563
3,560
3,563
3.569
3
867
885
884
885
3,564
3,568
3,568
3,572
4
4
4
5
6
2
1
1
4
6
860
903
898
908
903
3.578
3,575
3,57«
3,580
3,581
124
121
117
116
6
6
6
6
2
5
1
3
910
930
915
944
3,580
3,581
3,583
3,581
5,149
5,201
5,205
5,222
108
107
105
105
6
7
10
38
16
24
4
909
912
909
929
3,592
3,593
3,591
3,596
549
567
580
599
602
5,231
5,233
5,233
5,233
5,235
100
100
99
105
103
11
12
12
13
14
13
16
58
38
905
928
915
904
879
3.607
3,603
3.604
3,597
3,598
5,037
5,003
4,977
4,921
622
612
607
582
5,249
5,250
5,251
5,268
103
102
100
99
15
16
17
19
9
7
18
32
869
860
862
862
3.598
3,596
3,597
3,597
463
498
532
569
4,926
4,883
4,918
4,794
582
571
562
556
5,244
5,229
5,227
5,282
97
96
96
107,
19
18
17
17
43
42
39
21
853
842
838
838
3,603
3,608
3,609
3,607
547
450
658
457
438
591
608
606
630
644
4,773
4,806
4,993
4,931
4,887
571
570
552
553
549
5,268
5,289
5,280
5.288
5,290
no
no
14
13
17
23
23
15
23
6
4
845
852
864
879
876
3.615
3,613
3,608
3,612
3,611
114
112
113
22
21
20
20
3
4
7
6
862
849
866
872
3,615
3,615
3,617
3,620
114
114
111
7
5
Oct.
Oct.
Oct.
Oct.
6
13
20
27.
1,373
1,849
1,571
1,479
1,287
1.304
1,314
1,311
32.130
32,666
32,248
31,964
14,628
14,801
14,789
14,804
15,595
16,221
15,857
15,827
406
429
503
456
645
595
508
471
5,063
5,030
4,975
4,836
523
520
497
472
5,282
5,270
5.285
5,274
Nov.
Nov.
Nov.
Nov.
3
10
17.24
1,607
1,499
1,580
1,360
1,309
1,292
1.308
1,310
31,957
31,794
31,964
31,663
14,610
14,657
14,612
14.665
15,728
15,644
15,737
15,615
489
512
455
410
447
416
416
418
4,929
4,868
5,010
4,906
457
428
414
402
5.278
5,302
5,296
5,273
112
112
no
19
20
19
18
13
2
4
3
865
867
877
884
3,621
3,623
3,624
3,624
Dec.
Dec.
Dec.
Dec.
Dec.
1
8
15-.
22
29
1,588
1,267
1,960
1,558
1.550
1.313
1,307
1,296
1,288
1,267
31,829
31,497
32,495
31,853
31,887
14,612
14,707
14,675
14,423
14,431
15,707
15.543
15,998
15,511
15,535
493
431
637
470
446
416
417
684
689
691
4,951
4,885
4,963
4,933
4,981
397
388
401
435
433
5,234
5,183
5.192
5,201
5,205
109
111
111
109
109
21
20
14
9
9
6
13
17
7
9
864
872
848
859
843
3,631
3,634
3,630
3,630
3,626
1,548
1,573
1,602
1,503
1,450
1,569
1,497
1,322
1,568
1,568
1,511
1,585
1,349
1,360
1.356
1,338
1,338
1,325
1,277
1,269
1,286
1,304
1,305
1.294
33,631
33,498
33,130
32,774
32,467
32,632
32,367
32,051
32,362
32,252
31,844
31.912
15,516
15,572
15,429
15,283
15,420
15,300
14,984
14,918
14,843
14,756
14,636
14,570
16,539
16,571
16.459
16,325
16,429
16,380
16,001
15,838
15,900
15,875
15,681
15,659
525
573
573
460
441
489
480
402
510
448
467
495
611
409
369
312
201
378
447
515
616
555
424
579
5.953
5,854
5,546
5,424
^5,032
4,927
4,984
4,880
4,878
4,976
4,928
4,943
413
410
428
473
528
579
606
568
559
503
425
411
5,052
5,094
5,142
5,145
5,194
5,233
5,254
5,245
5,283
5,278
5,287
5,203
132
134
133
120
106
101
101
99
112
112
111
3
4
5
6
8
12
17
18
18
21
19
15
3
1
3
3
20
25
17
36
11
837
880
894
925
915
906
863
843
863
862
873
857
3,563
3.568
3.578
3,581
3.593
3.602
3,597
3,607
3,612
3,617
3,623
3,630
Monthly averages:
January
February
March. _
April
May..
June
July
August
- „
September
October
November
December
no
in
no
6
10
BANKING AND MONETARY STATISTICS
166
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 101 LEADING CITIES[Wednesday figures. In millions of dollars]
Loans
Total
loans
and
investments
Date or month
1938
Total
Investments
Fnr
Compurchasing
mercial, Open or carrying
securities
To
indus- market
Real banks Other
To
trial
estate
and paper brokTo
ers
agriand others
culdealtural
ers
Reserves
Balwith Cash ances
Fedin
with
Other eral vault dosecu- Remestic
Direct Guar- rities aerve
banks
anteed
Banks
U. S. Government
obligations
Total
Total
21,249
21,333
21,285
_ 21,275
9,226
9,195
9,089
9,038
,517
,501
,438
,395
465
460
459
459
840
842
812
806
628
625
621
617
1,163
1,164
1,162
1,162
69
66
67
67
1,544
1,537
1,530
1,532
12,023
12,138
12,196
12,237
9,181
9,228
9,273
9,315
8,058
8,097
8,143
8,176
1,125
1,131
1,130
1,139
,842
,910
,923
,922
5,473
5,600
5,647
5,735
322
330
302
305
1,918
1,957
2,023
2,046
2
9
16
23
21,234
21,226
21,231
21,167
8,981
8,925
8,944
8,896
,394
,402
,392
,378
455
450
441
436
762
714
747
731
617
615
616
614
1,161
1,161
1,158
1,160
65
63
73
67
1,527
1,520
1,517
1,510
12,253
12,301
12,287
12,271
9,306
9,348
9,310
9,297
8,165
8,202
8,160
8,147
1,141
1,146
1,150
1,150
,947
,953
,977
,974
5.674
5,617
5,622
5,673
277
304
280
313
2,010
1.972
2,038
2,041
Mar.
Mar
Mar
Mar
Mar
2....
9
16
23
30
21,231
21,262
21,144
20,912
20,810
8,933
9,020
8,889
8,805
8,771
4,357
4,342
4,335
4,306
4,299
431
431
428
422"
418
769
881
759
721
680
616
614
6f5
608
605
1,158
1,155
1,155
1,148
1,150
82
86
76
87
96
1,520
1,511
1,521
1,513
1,523
12,298
12,242
12,255
12,107
12,039
9,296
9,233
9,253
9,042
8,934
8,137
8,081
8,089
7,876
7,778
1,159
1,152
1,164
1,166
1,156
3,002
3,009
3,002
3,065
3,105
5,627
5,735
5,733
5,773
5,755
279
304
282
316
330
2,039
2,030
2,045
1,945
1,898
Apr
Apr.
Apr
Apr.
6
13
20
27,
20,831
20,794
20,809
. . . . 20,844
8,677
8,567
8,585
8,587
4,275
4,246
4,208
4,187
413
406
399
393
637
573
624
652
596
591
590
591
1,147
1,146
1,148
1,149
100
103
110
104
1,509
1,502
1,506
1,511
12,154
12,227
12,224
12,257
9,065
9,131
9,156
9,186
7,897
7,960
7,977
7,987
1,168
1,171
1,179
1,199
3,089
3,096
3,068
3.071
5,687
5,813
5.980
6,060
325
842
330
372
1,929
2,051
2,188
2,256
May
May
May
May
4 ... - --11
18
25
20,842
20,810
20,679
20,597
8,517
8,451
8,408
8,345
4,126
4,110
4,074
4,031
390
385
376
367
646
595
590
578
593
589
587
587
1,150
1,152
1,157
1,156
107
120
120
113
1,505
1,500
1,504
1,513
12,325
12,359
12,271
12,252
9,323
9,3§1
9,343
9,367
8,001
8,017
7,976
7,922
1,322
1,344
1,364
1,385
3,002
2,998
2,928
2,945
5,943
6,001
6,107
6,230
301
391
379
403
2,266
2,277
2,315
2,328
20,536
20,944
20,866
20,572
20,561
8,334
8,625
8,361
8,279
8,321
3,992
3,962
3,958
3,916
3,936
365
361
354
348
340
603
873
663
640
652
583
582
581
580
583
1,156
1 , 159
1,157
1,159
1,160
114
167
121
113
113
1,521
1,521
1.527
1,523
1,537
12,202
12,319
12,505
12,293
12,240
9,255
9,325
9,483
9,263
9,258
7,844
7,891
8,032
7,782
7,770
1,411
1,434
1,451
1,481
1,488
2,947
2,994
3,022
3,030
2,982
6,252
6,355
6,405
6,448
6,574
390
404
385
397
417
2,373
2,388
2,446
2,409
2,415
20,476
20,468
. 20,618
20,556
8,252
8,231
8,208
8,161
3,880
3,885
3,878
3,869
335
335
332
334
661
638
623
595
577
578
578
577
1,157
1,159
1,159
1,162
120
118
128
116
1,522
1,518
1,510
1,508
12,224
12,237
12,410
12,395
9,226
9,235
9,318
9,299
7,727
7,730
7,696
7,659
1,499
1,505
1,622
1,640
2,998
3,002
3,092
3,096
0,577
403
6,737
415
6,709 ! 389
6,675
405
2,428
2,462
2,428
2,423
Aug 3
Aug 10
Aug. 17. ... -.
Aug 24
Aug 31
20,560
20,611
20.632
20,713
20,861
8,165
8,199
8,223
8,217
8,270
3,865
3,889
3,900
3,890
3,886
336
336
337
335
339
602
622
632
636
690
574
574
578
580
579
1,161
1,159
1,160
1,158
1,160
111
106
115
114
109
1,516
1,513
1,501
1,504
1,507
12,395
12,412
12,409
12,496
12,591
9,301
9,819
9,302
9,377
9,444
7,655
7,669
7,674
7,724
7,789
1,646
1,650
1,628
1,653
1,655
3,094
3,093
3,107
3,119
3,147
6,570
6,550
6,568
6,039
6,685
378
393
382
396
386
2,399
2,365
2,437
2,419
2,457
Sept 7
Sept. 14.
Sopt 21
Bept 28
20,842
20,964
21,265
21,240
8,241
8,335
8,254
8,241
3,888
3,905
3,889
3,891
333
335
340
344
670
723
658
649
578
579
578
576
1,159
1,162
1,160
1,161
108
114
116
118
1,505
1,517
1,513
1,502
12,601
12,629
13,011
12,999
9,447
9,464
9,803
9,786
7,792
7,794
8,131
8,111
1,655
1,670
1,672
1,675
3,154
3,165
3,208
3,213
6,756
6,871
6,528
6,694
401
425
410
426
2,467
2,499
2,353
2,335
Oct
Oct.
Oct.
Oct.
21,189
5
12 « . . . ..... 21,295
21,314
19
.
21,493
26
8,240
8,272
8,270
8,346
3,889
3,917
3,900
3,907
351
345
345
345
631
653
665
728
578 1,161
580 1,161
576 ,164
572 1,165
120
107
106
103
1,510
1,509
1,514
1,526
12,949
13,023
13,044
13,147
9,734
9,731
9,758
9,841
8,055
8,053
8,074
8,154
1,679
1,678
1,684
1,687
3,215
3,292
3,286
3,306
6,797
6,870
7,152
7,200
410
429
424
438
2,379
2,411
2,501
2,495
Nov
Nov.
Nov
Nov
Nov
2
9
16
23
30
21,408
21,364
21,335
21,306
21,325
8,327
8,327
8,323
8,303
8,317
3,892
3,897
3,894
3,869
3,866
347
342
347
341
338
728
717
715
705
712
571 1,164
570 1,165
571 ,165
571 1,168
572 ,169
110
117
108
113
117
1,515
1,519
1,523
1,536
1,543
13,081
13,037
13,012
13,003
13,008
9,818
9,820
9,818
9,811
9,783
8,132
8,141
8,140
8,129
8,106
1,686
1,679
1,678
1,682
1,682
3,263
3,217
3,194
3,192
3,220
7,116
!8,984
7,148
7,263
|7,337
419 2,466
459 ! 2,431
431 2,522
439 2,457
443 2,460
Dec
Dec
Dee
Dec
7
14
21
28
21,450
21,504
21,742
21,649
8,460
8,496
8,473
8,430
3,881
3,872
3,857
3,843
336
336
330
328
838
858
854
848
571
568
566
560
1,165
1,167
1,169
1,169
121
134
120
115
1,548
1,561
1,577
1,567
12,990
13,008
13,269
13,219
9,772
9,776
10,051
9,998
8,087
8,080
8,333
8,266
1,685
1,696
1,718
1,732
3,218
3,232
3,218
3,221
7,395
7,445
8,980
7,057
458
490
493
489
2,487
2,522
2,389
2,410
21,285
21,214
21,072
20,819
20,732
20,696
20,530
20,675
21,078
21,323
21,347
21,586
9,137
8,936
8,884
8,604
8,430
8,384
8,213
8,215
8,268
8,282
8,319
8,465
4,462
4,391
4,328
4,229
4,085
3,953
3,878
3,886
3,893
3,904
3,884
3,863
461
446
426
403
380
354
334
337
338
346
343
332
825
738
762
622
602
686
629
636
675
669
715
850
623
616
611
592
589
582
577
577
578
576
571
•566
1,163
1,160
1,153
1,147
1,154
,158
,159
,160
,161
,163
,166
,168
67
67
86
104
115
125
121
111
114
109
113
123
1,536
1,518
1,518
1,507
1,505
1,526
1,515
1,508
1,509
1,515
1,527
1,563
12,148
12,278
12,188
12,215
12,302
12,312
12,317
12,460
12,810
13,041
13,028
13,121
9,249 8,118 1,131 2,899 5,614
9,315 8,168 1,147 2,963 5,646
9,151 7,992 1,159 3,037 5,724
9,134 7,955 1,179 3,081 5,885
9,334 7,980 1,354 2,968 6,070
9,317 | 7,864 1,453 2,995 6,407
9,271) 7,703 1,567 3,047 6,675
9,348 7,702 1,646 3,112 6,602
9,625 7,957 1,668 3,185 6,712
9,766 8,084 1,682 3,275 7,005
9,811 8,130 1,681 3,217 7,170
9,899 8,191 1,708 3,222 7,219
315
294
302
342
334
398
403
3S7
416
425
438
483
1,986
2,016
1,992
2,107
2,296
2,406
2,435
2,416
2,413
2,446
2,467
2,452
Jan
Jan
Jan
Jan.
5
12
If)
26
Feb.
Feb
Feb
Feb
June 1
June 8
June 15
June 22
June 29
July 6 .- July 13
July 20,.
July 27
.
Monthly- averages:
January
February
March .
April
May
June
July . .
-~
August
,1
September
October
|
November
December
:
REPORTING MEMBER BANKS
157
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
IndividCash
Interbank
IndividInterbank
uals,
Certiuals,
corpoitems
Demand corpoBorrations,
in
fied
Other
deposits rations
rowand
etc., Postal
U.S.
process assets
adjusted
ings
officers' Governetc.,
States savings
of
Foreign
D> Foreign and
DoStates checks, ment
Total
collection
mestic
mestie
etc.
and
political
liabilities
subpolitical
divisubsions
divisions
Total
assets
Date or month
Jan.
Jan.
Jan.
Jan.
5_
12
19
26
1938
1,358
1,423
... .... 1,400
1,155
1,255
1,275
1,268
1,283
31,575
31,918
31,925
31,799
14,219
14,463
14,487
14,583
15,158
15,424
15,398
15,378
419
462
489
360
679
675
654
653
5,114
5,155
5,218
5,207
432
424
413
416
5,205
5,185
5,180
5,194
20
18
19
19
110
109
115
H5
CapOther ital
liabili- acties counts
801
826
807
821
3,620
3,626
3,624
3,626
787
806
786
790
3,621
3,623
3,622
3,626
805
818
826
824
827
3,630
3,628
3,626
3,623
3,620
787
793
788
794
3.624
3.624
3,627
3,030
793
785
768
766
3,637
3,642
3,648
3,651
1
1
738
762
765
756
758
3,650
3.653
3,644
3.648
3.648
7
11
5
732
729
727
736
3.641
3,645
3,647
3,646
1
712
700
697
717
705
3,649
3,855
3,656
3,660
3,664
9
8
8
9
8
6
1
Feb. 2
Feb. 9
Feb. 16
Feb. 23
1,223
1,023
1,333
1,246
1,276
1,319
1,325
1,320
31,694
31,461
31,829
31,760
14,464
14,511
14,485
14,576
15,277
15,217
15,441
15,459
410
317
377
363
639
639
638
638
5,201
5,129
5,213
5,146
408
381
375
366
5,207
5,205
5,229
5,229
18
18
19
20
115
115
112
114
9
9
8
9
2
2
9
Mar.
Mar.
Mar.
Mar.
Mar.
1,314
1,238
1,423
1,311
1,218
1,330
1,333
1,272
1,269
1,285
31,820
31,902
31,899
31,526
31,296
14,381
14,514
14,335
14,301
14,268
15,286
15,316
15,313
15,122
15,099
409
436
445
' 490
387
673
707
725
697
696
5,270
5,246
5,271
5,069
4,963
358
353
339
345
347
5,240
5,239
5,204
5,212
5,203
20
19
19
19
18
114
117
117
116
117
10
9
9
9
8
5
14
5
1,171
1,349
1,365
1,213
1,297
1,288
1,266
1,274
31,240
31,637
31,938
32,019
14,274
14,425
14,451
14,598
15,073
15,426
15,353
15,421
372
348
463
390
630
627
605
585
5,075
5,145
5,431
5,518
328
329
321
328
5,203
5,200
5,202
5,211
19
18
19
19
117
114
113
114
8
10
9
9
4
3
7
4
11
18
25
1,276
1,268
1,202
1,156
1,310
1,293
1,306
1,319
31,998
32,040
31,988
32,033
14,450
14,598
14.569
14,697
15,279
15,464
15,399
15,447
447
402
372
406
568
546
545
538
5,612
5,567
5,622
5,585
319
307
306
304
5,209
5,189
5,191
5,*94
17
18
18
18
108
111
110
111
9
9
9
10
June 1..
June 8June 15
June 22_
June 29
.1. . 1,554
1,415
1,862
. _ „ 1,200
1,353
1,323
1,350
1,342
1,345
1,280
32,428
32,856
33,306
32,371
32,600
14,589
15,034
15,065
14,936
15,036
15,585
15,829
16,210
15,778
15,963
558
620
717
358
426
533
520
506
483
465
5,723
5,798
5,819
5,676
5,664
306
303
300
306
311
5,200
5,213
5,211
5,224
5,221
16
17
16
18
18
109
108
108
114
116
9
9
9
9
9
July
July
July
July
_„
._ 1,317
1,509
1,296
1,167
1,263
1,261
1,271
1,282
32,464
32,852
32,711
32,508
14,801
14,994
15,127
15,160
15,702
15,982
15,961
15,956
416
521
462
371
463
455
449
441
5,847
5,878
5,825
5,734
309
304
299
295
5,215
5,196
5,195
5,187
14
13
13
13
116
114
114
116
9
8
8
8
1,132
1,115
1.184
1,071
1,339
1,275
1,271
1,268
1,262
1.282
32,314
32,305
32,471
32,500
33,010
14,951
15,009
15,020
15,214
15,388
15,733
15,760
15,867
15,926
16,297
350
364
337
35?
430
436
430
425
421
411
5,812
5,777
5,840
5,763
5,847
301
305
311
316
327
5,181
5,180
5,202
5,204
5,197
12
13
13
13
13
115
112
113
112
111
8
9
9
9
8
Sept. 7
Sept. 14
Sept. 21
Sept. 28
1,260
1,470
1,277
1,226
1,273
1,272
1,223
1,232
32,999
33,501
33,056
?3,153
15,267
15,443
15,288
15,508
16,145
16,467
16,177
16,312
382
446
388
422
407
397
581
581
5,994
6,026
5,742
5,690
356
410
436
441
5,204
5,225
5,203
5,167
13
13
13
13
111
112
110
109
8
9
9
7
1
715
738
735
750
3,664
3,658
3,661
3.661
Oct.
Oct.
Oct.
Oct
1,367
1,654
1,419
1,445
1,237
1,244
1,240
1,242
33,379
33,903
34,050
34,313
15,396
15,604
15,755
15,995.
16,269
16,711
16,697
16,986
494
547
477
454
578
570
559
546
5,896
5,931
6,133
6,086
461
461
480
485
5,162
5,151
5,151
5,144
13
12
13
12
110
110
110
110
7
8- _...._
7
3
7
728
740
757
814
3,661
3,662
3,663
3,666
Nov. 2
Nov. 9
Nov. 16
Nov. 23
Nov. 30
1,346
1,449
1.5C9
1,376
1,622
1,243
1,235
1,256
1,274
1,306
33.998
33,922
34,291
34,115
34,493
15,766
15,711
15,720
15,916
16,013
16,710
16,749
16,883
16,861
17,075
402
411
436
431
560
540
535
534
537
534
6,107
6,070
6,240
6,085
6,098
466
446
477
496
500
5,144
5,126
5,126
5,114
5,112
11
11
11
11
12
112
112
113
114
114
9
9
9
8
8
2
3
3
3
1
822
772
783
778
795
3,673
3,678
3.«76
3,677
3,684
Dec. 7
Dec. 14
Dec. 21
Dec. 28
1,382
1,590
1,627
1,744
1,297
1,301
1,272
1,279
34,469
34,852
34,503
34,628
16,114
16,221
16,025
15,586
16,926
17,327
17,077
17,166
570
484
575
564
533
532
639
637
6,187
6,241
5,939
5,949
483
494
498
510
5,115
5,119
5,129
5,148
12
11
12
12
111
112
112
112
1
9
9 ......
9
1
9
839
843
828
834
3,683
3,680
3.683
3,686
1,334
1,206
1,301
1,275
1,226
1,477
1,322
1,168
1,308
1,270
1,310
1,298
1,281
1,307
1,328
1,269
1,272
1,250
1,241
1,263
1,287
31,804
31,686
31.689
31,709
32,015
32,712
32.634
32,520
33,177
33,911
34,163
34,613
14,438
14,509
14,360
14,437
14,579
14,932
15,021
15,116
15,377
15,688
15,825
16,087
15,339
15,348
15,227
15,318
15,397
15,873
15,900
15,917
16,275
16,666
16,856
17,124
433
367
433
393
407
536
443
368
409
493
448
548
665
638
700
612
549
501
452
425
491
563
536
585
5,174
5,172
5,164
5,292
5,596
5,736
5,821
5,808
5,863
6,012
6,120
6,079
421
383
348
328
309
305
302
312
411
472
477
496
5,191
5,218
5,220
5,204
5,196
5,214
5,198
5,193
5,200
5,152
5,124
5,128
19
19
19
19
18
17
13
13
13
12
11
12
112
114
116
115
110
111
115
112
111
110
113
112
8
9
9
9
9
9
8
8
8
7
9
9
814
792
820
791
778
756
731
706
735
760
790
836
3.624
3,623
3.626
3,626
3,645
3,649
3,645
3,657
3,661
3,663
3,677
3.683
2
9
16
23
30
Apr. 6 ..
Apr. 13
Apr. 20
Apr. 27
May
May
May
May
6.
13
20
27.
Aug. 3
Aug. 10
Aug. 17
Aug. 24
Aug 31
- -
-
5.
12
19
26
Monthly averages:
January
_ „-__
February
March
April
May
. ...
June
July
August
September
October
N o vember . .
December
,_-
i,m
1,478
1.586
11
3
1
24
5
4
3
7
2
1
5
6
1
~"l"
2
1
BANKING AND MONETARY STATISTICS
158
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 111 LEADING CITIES[Wednesday figures. In millions of dollars]
Loans
Date or
month
Investments
For
Compurchasing
merTotal
or carrying
cial, Open
loans
securities
To
Real
indus- marand
To
ket
invest- Total trial
estate' banks Other
and paper brokments
To
ers
agriand others
culdealtural
ers
U. S. Government obligations
Total
Direct
Total
Total
Bills
Notes Bonds
Reserves
with Cash
Fed- in
Other cral vault
secu- ReGuar- ritiesl serve
anteed
Banks
2
1939
Jan. 4
Jan 11
Jan 18
Jan 25
21,526
21,477
21,439
21,428
8,412
8,367
8,200
8,281
3,826
3,818
3.789
3,765
324
323
325
327
884
864
826
835
559
546
543
540
1,166
1,169
1,170
1,173
99
107
95
101
1,554
1,540
1,542
1,540
13,114
13,110
13 149
13,147
8.189
8,206
8 182
8,186
1,732
1,715
1,732
1,733
3,193
3,189
3,235
3,228
7,237
7,371
7,545
7,596
452
456
424
427
Feb. 1
Feb. 8
Feb. 15
Feb 21
1,442
1,450
1,608
1,606
8,233
8,168
8,205
8,180
3,767
3,745
3,761
3,766
324
324
321
321
792
786
813
790
535
534
533
529
1,174
1,137
1,134
1,135
99
106
104
99
1,542
1,536
1,539
1,540
13,209 9,962 8,173
13,282 9,982 8,174
13,403 10,157 8,182
13,426 10,177 8,184
1,789
453 2,543 5,178 1,808
460 2,543 5,179 1,975
453 2,536 5,195 1,993
3,247
3,300
3,246
3,249
7,521
7.452
7,171
7.289
394
423
410
412
Mar.
Mar
Mar.
Mar
Mar
1
8
15
22
29
1,594
1,788
1,822
1,742
1,579
8,186
8,338
8,281
8,209
8,191
3,773
3,773
3,794
3,805
3,814
313
313
310
310
305
799
923
875
794
764
523,
532
531
530
531
1,136
1,135
1,136
1,136
1,140
92
111
83
90
94
1,550
1,551
1,552
1,544
1,543
13,408
13,450
13,541
13,533
13,388
10,162
10,206
10,303
10,274
10,122
8,143
8,176
8,280
8,238
8,096
416
442
473
434
286
2,531
2,427
2,052
1,999
1,997
5,196
5,307
5,755
5,805
5,813
2,019
2,030
2,023
i 2,036
2,026
3,246 7,368
3,244 ! 7,409
3,238 7,464
3,259 1 7,379
3,266 7,515
389
420
402
416
424
Apr
Apr
Apr
Apr.
5
12
19
26
21, ©34
21 691
21,808
21.775
8,164
8,120
8,124
8,100
3,838
3,852
3,858
3,844
307
303
305
304
727
685
690
685
539
539
537
535
1,143
1,143
1,145
1,147
79
68
71
57
1,531
1,530
1,518
1,528
13,470
13,571
13,684
13,675
10,180
10,251
10,303
10,300
8,145
8,213
8,273
8,270
313
342
357
357
1,995
2,008
2,015
2,025
5,837
5,863
5,901
5,888
2,035
2,038
2,030
2,030
3,290
3,320
3,381
3,375
7,668
7,866
8,100
8,257
412
434
417
434
21,785
May 3
May 10 „ . 21,719
May 17...... 21,609
21,673
May 24
21,680
May 31
8,071
8,085
8,046
8,125
8,126
3,841
3,852
3,845
3,837
3,822
302
295
301
309
308
648
663
639
717
721
539
537
539
541
539
1,148
1,149
1,150
1,154
1,156
60
60
53
56
59
1,533
1,529
1,519
1,511
1,521
13,714
13,634
13,563
13,548
13,554
10,367
10,344
10,335
10,310
10,292
8,341
8,334
8,304
8,264
8,237
422
430
412
394
333
2,019
2,031
2,030
2,032
2,053
5,900
5,873
5,862
5,838
5,851
,026
,010
,031
,046
,055
3,347
3,290
3,228
3,238
3,262
8,190
8,337
8,352
8,476
8,449
410
429
419
430
427
June 7
June 14
June 21
June 28
21,795
21,878
21,923
21,951
8,116
8,097
8,072
8,089
3,833
3,831
3,823
3,833
309
307
298
303
699
674
661
648
540
540
542
543
1,155
1,160
1,159
1,161
52
54
52
51
1,528
1,531
1,537
1,550
13,679
13,781
13,851
13,862
10,410
10,498
10,531
10,571
8,318
8,390
8,404
8,423
395
423
440
431
2,080
2,112
2,121
2,112
5,843
5,855
5,843
5,880
,092
,108
,127
,148
3,269 8,417
3,283 8,470
3,320 i 8,475
3,291 8.479J
456
448
431
455
July 5
July 12
July 19
July 26
22,000
22,023
22,025
22,135
8,142
8,131
8,116
8,194
3,872
3,887
3,893
3,899
314
313
311
312
650
644
615
681
542
530
528
528
1,159
1,163
1,164
1,165
56
58
71
71
1,549
1,536
1,534
1,538
13,858
13,892
13,909
13,941
10,635
10,646
10,664
10,682
8,485
8,493
8,505
8,514
469
454
458
465
2,125
2,134
2,132
2,137
5,891
5,905
5,915
5,912
,150
,153
,159
,168
3,223
3,246
3,245
3,259
8,473
8,649
8,706
8,750
441
464
439
448
Aug 2
Aug. 9
Aug 16
Aug 23
Aug. 30
22,244
22,274
22,337
22,340
22,442
8,166
8,156
8,186
8,178
8,209
3,887
3,917
3,912
3,938
3,996
313
310
313
312
317
655
631
676
639
. 608
526
522
519
518
519
1,168
1,170
1,172
1,173
1,174
74
74
60
53
49
1,543
1,532
1,534
1,545
1,546
14,078
14,118
14,151
14,162
14,233
10,756
10,789
10,811
10,807
10,851
8,515
8,530
8,544
8,533
8,565
473
480
495
494
502
2,132
2,155
2,159
2,138
2,160
5,910
5,895
5,890
5,901
5,903
2,241
2,259
2,267
2,274
2,286
3,322
3,329
3,340
3,355
3,382
8,684
8,791
8,917
9,116
9,247
424
446
426
443
465
Sept. 6.. — . 22,389 8,305 4,075
Sept. 13 ... 22,389 8,315 4,159
Sept 20
22,339 8,319 4,201
22,419 8,350 4,229
Sept 27
314
318
315
316
640
568
532
533
512
513
510
510
1,174
1,178
1,180
1,180
46
34
35
35
1,544
1,545
1,546
1,547
14,084
14,074
14,020
14,069
10,731
10,711
10,658
10,669
8,512
8,489
8,428
8,437
468
475
437
419
2,154
2,153
2,131
2,137
5,890
5,861
5,860
5,881
2,219
2,222
2,230
2,232
3,353
3,363
3,362
3,400
9,368
9,686
9,723
9,794
463
489
470
486
9,921
9,921
9,914
9,919
22,498
22,568
22,563
22,657
8,375
8,408
8,423
8,479
4,251
4,288
4,286
4,292
318
318
316
318
538
530
548
593
505
504
501
510
1,179
1,182
1,181
1,180
36
37
36
32
1,548
1,549
1,555
1,554
14,123
14,160
14,140
14,178
10,743
10,799
10,798
10,854
8,503
8,559
8,574
8,628
492
553
571
629
2,130
2,128
2,126
2,145
5,881
5,878
5,877
5,854
2,240
2,240
2,224
2,226
3,380 9,826
3,361 9,879
3,342 10,028
3,324 10,094
471
489
4SO
487
22,728
22,835
23,014
23,092
23,159
8,521
8,521
8,549
8,617
,8,658
4,310
4,330
4,362
4,388
4,381
317
316
312
315
312
603
594
588
620
660
512
500
497
497
499
1,184
1,184
1,187
1,189
1,189
36
37
39
36
36
1,559
1,560
1,564
1,572
1,579
14,207
14,314
14,465
14,475
14,503
10,916
10,970
11,127
11,127
11,121
8,684
8,720
8,725
8,726
8,713
667
702
720
731
711
2,159
2,169
2,179
2,166
2,160
5,858
5,849
5,826
5,829
5,842
2,232
2,250
2,402
2,401
2,408
3,291
3,344
3.338
3,348
3,382
9,885
9,852
9,698
9,790
9,792
458
500
475
483
504
23,162
Dec 6
23,523
Dec 13
23,465
Dec. 20
Dec. 27...... 23,260
Monthly
averages:
January . . .
21,468
February., 21,527
March
21,705
April ... 21,727
21,693
May
21.887
June
July
22,046
22,327
August
September- 22,384
22,571
October
November. 22,966
December . 23,353
8,646
8,871
8,932
8,758
4,378
4,416
4,406
4,400
313
319
322
322
650
818
852
715
603
504
510
506
1,187
1,189
1,189
1,189
33
43
66
43
1,582
1,582
1,587
1,583
14,516
14,652
14,533
14,502
11,139
11,276
11,166
11.162
8,724
8,863
8,762
8,748
726
713
653
595
2,149
2,134
2,110
1,765
5,849
6,016
5,999
6,388
2,415
2,413
2,404
2,414
3,377
3,376
3,367
3,340
9,748
9,506
9,577
9,689
504
539
541
544
8,338
8,197
8,241
8,127
8,091
8,094
8,146
8,179
8,322
8,421
8,573
8,802
3,800
3,760
3,792
3,848
3,839
3,830
3,888
3,930
4,166
4,279
4,354
4,400
325
323
310
305
303
304
312
313
316
317
314
319
852
795
831
697
678
671
648
642
568
552
613
759
547
533
529
537
539
541
532
521
511
505
501
506
1,170
1,145
1,137
1,144
1,151
1,159
1,163
1,171
1,178
1,181
1,187
1,189
100
102
94
69
58
52
64
62
38
35
37
46
1,544
1,539
1,548
1,527
1,523
1,537
1,539
1,540
1,545
1,552
1,567
1,583
13,130
13,330
13,464
13,600
13,602
13,793
13,900
14,148
.14,062
14,150
14,393
14,551
9,919
10,069
10,213
10,258
10,329
10,502
10,657
10,802
10,693
10,798
11,052
11,186
8,191
8,178
8,186
8,225
8,296
8,383
8,499
8,537
8,467
8,566
8,714
8,774
410
342
398
422
461
488
450
561
706
672
2,201
2,011
2,033
2,106
2,132
2,149
2,144
2,132
2,167
2,039
5,575
5,872
5,865
5,855
5,906
5,900
5,873
5,873
5,841
6,063
1,728
1,891
2,027
2,033
2,033
2,119
2,158
2,265
2,226
2,232
2,338
2,412
3,211 7,437
3,261 7,358
3,251 7,427
3,342 7,973
3,273 8,361
3,291 8,460
3,243 I 8,345
|3,346 8,951
3,369 9,643
3,332 9,957
3,341 9,803
3,365 9,630
440
410
410
424
423
447
448
440
477
482
484
532
Oct.
Oct.
Oct
Get
4
11
18
25
Nov.
Nov.
Nov.
Nov
Nov.
1
8 ...
15
22
29 ._„.
1
For minor revisions in reporting of "real estate loans" and "other securities" effective February S, ] :9, see introductory text, p. 129.
* Not reported separately prior to February 8, 1939.
REPORTING MEMBER BANKS
159
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Date or
month
1939
Jan. 4..
Jan. 11
Jan. 18
Jan. 25
Balances
with
do-,
mestic
banks
Cash
items
in
proc- Other
ess assets
of
collection
2,559
2,522
2,584
2,580
1,622
1,403
1,407
1,286
Total
assets
Demand
deposits
adjusted
Total
liabilities
Interbank
States Certiand fied U.S.
polit- and Govoffi- ernical
sub- cers' ment Do- Fordivi-2 checks
mestic eign
etc.
sions
565
5, 172
237
561 4,925
232
536 4,937
230
547 4,947
11
14
14
14
111
115
112
116
4,965
4,981
4,976
4,981
4,978
225
231
212
221
229
17
17
17
18
18
114
115
117
120
115
n
613
607
659
626
4,977
4,971
4,971
4,975
228
231
232
250
18
18
18
18
6,510
6,483
6,572
6,529
6,556
635
631
621
626
622
4,979
4,981
4,985
4,989
4,987
259
258
252
248
238
544
544
546
546
6,570
6,631
6,600
6,625
610
592
587
588
4,985
4,991
5,001
5,007
488
385
389
363
546
541
541
536
6,800
6,797
6,786
6,667
611
604
604
615
1,492
1,438
1,399
1,404
1,447
532
369
461
435
394
537
536
532
527
528
6,884
6,924
7,055
7,051
7,040
6,245
6,138
6,245
6,236
511
511
531
535
~— -ttr 993
15,463 1,435
15,723 1,365
15,625 1,383
515
438
510
380
631
630
629
628
6,248
6,156
6,173
6,122
15,643
15,605
15,927
15,513
15,502
1,358
1,296
1,299
1,346
1,335
542
629
752
477
402
629
627
626
622
621
6,300
6,403
6,540
6,381
6,351
556
558
560
600
600
16,072
16,388
16,619
16,742
15,619
16,069
16,159
16,152
1,338
1,328
1,366
1,456
427
425
421
440
621
621
620
616
6,499
6,460
6,460
6,473
35,618
35,581
35,708
35,896
36,033
16,660
16,719
16,681
16,955
16,965
15,963
16,189
16,301
16,379
16,464
1,593
1,380
1.355
1,434
1,498
434
419
402
475
478
608
597
581
567
551
1,309
1,312
1,286
1,241
35,949
36,304
36,150
36,190
17,057
17,212
17,238
17,220
16,390
16,770
16,652
16,720
1,496
1,479
1,488
1,417
*73
424
386
391
1,500
1,388
1,327
1,246
1,225
1,225
1,241
1,229
36,398
36,539
36,505
36,553
17,109
17,368
17,387
17,601
16,790
17,061
17,050
17,132
1,331
1,310
1,275
1,352
2
2,793 1.470
9
2,777 1,155
16 . .. 2,842 1,490
23
2,838 1.285
30.. . 2,789 1,224
1,236
1,237
1,232
1,237
1,241
36,851
36,680
37,244
37,259
37,408
17,462
17,551
17,641
17,835
18,096
16,908
16,899
17,271
17,281
17,479
15,888
16,050
16,124
16,152
Feb. 1. . „ 2,593 1,460 1,241
Feb. 8
2,515 1,260 1,281
Feb. 15
2,522 1,647 1,272
Feb. 21
2,542 1,294 1,256
34,651
34,381
34,630
34,399
16,048
16,076
15,951
16,094
Mar.
Mar.
Mar,
Mar.
Mar.
1... .
8
15 ...
22
29
2,558
2,532
2,659
2,572
2,579
1,578
1,444
1,835
1,360
1,248
1,276
1,281
1,279
1.264
1,272
34,763
34,874
35,461
34,733
34,617
15,965
16,086
16,143
15,976
15,991
Apr.
Apr.
Apr.
Apr,
5
12
19
26
2,615
2,612
2,585
2,571
1,312
1,434
1,327
1,306
1,270
1,279
1,266
1,295
34,911
35,316
35,503
35,638
May 3
May 10
May 17
May 24
May 31
2,575
2,567
2,671
2,707
2,702
1,330
1,269
1,377
1,333
1,475
1,328
1,260
1,280
1,277
1,300
June 7
June 14
June 21
June 28
2,670
2,735
2,747
2,756
1,302
1,461
1,288
1,308
July 5
July 12
July 19 „.
July 26
2,759
2,790
2,767
2,745
Interbank
U.S.
Government
and
Do- Forpostal mestic eign
sav- 3
ings
112
111
110
111
630
632
630
630
34,621
34,455
34,640
34,550
States
and
political
subdivi-2
sions
11
12
12
12
521
433
453
446
1,225
1,226
1,241
1,233
Aug.
Aug.
Aug.
Aug.
Aug.
Individuals,
partnerships,
corporations,
etc. 2
Individuals,
partnerships,
corporations,
etc.2
16, 989
17, 020
17, 078
16, 992
5, 150
5, 165
5, 162
5, 167
Borrowings
771
748
736
733
8
9
10
;o
11
11
11
CapOther ital
liabili- acties counts
1
3,673
3,676
3,673
3,678
713
713
707
711
3,681
3,682
3,681
3,684
715
708
736
755
766
3,687
3,693
3.685
3,686
3,684
10
2
10
2
13
12
13
1
1
3
116
117
116
117
12
13
11
13
3
1
752
761
774
802
3,688
3,694
3,696
3,700
18
18
18
18
18
117
117
118
118
119
12
11
12
13
13
1
2
2
1
3
781
784
781
786
767
3,708
3,711
3,708
3,713
3,719
237
227
230
223
15
15
15
16
121
13
13
12
12
1
122
120
122
768
777
790
808
3,726
3,719
3,723
3.715
5,009
5,001
5,000
5,014
214
217
217
218
15
15
15
17
122
127
128
129
13
11
12
12
1
6
12
13
743
749
761
767
3,715
3,715
3,715
3.718
611
618
644
659
673
5,019
5,028
5,019
5,021
5,017
218
217
220
223
224
18
18
18
18
18
128
127
128
128
127
12
11
11
10
10
9
10
7
6
4
765
764
757
772
723
3.71S
3,721
3,722
3,724
3.724
Sept. 6
Sept. 13"
Sept. 20
Sept. 27
2,813
2,950
3,021
3,018
1,437
1,669
1,408
1,383
1,242
1,249
1,225
1,220
37,712
38,432
38,186
38,320
18,040
18,288
18,175
18,333
17,599
18,102
17,926
17,988
1,366
1,359
1,266
1,334
512
496
391
394
528
526
528
528
7,219
7,459
7,566
7,545
702
710
732
743
5,016
5,018
5,013
5,018
215
210
207
207
16
17
17
18
127
127
126
122
10
10
10
10
1
1
1
1
675
683
691
700
3,726
3,714
3,712
3,712
Oct.
Oct.
Oct.
Oct.
4
11
18..
25
3.034
3,037
3,087
3,090
1,340
1,514
1,554
1,508
1,233
1,248
1,250
1,249
38,402
38,735
38,962
39,085
18,306
18,451
18,567
18,721
17,926
18,296
18,433
18,453
1,328
1,312
1,248
1,320
392
357
440
456
528
526
525
526
7,711
7,687
7,760
7,729
753
782
788
812
5,028
5,032
5,043
5,057
203
205
190
190
17
17
18
16
123
124
123
123
9
9
9
8
1
1
1
669
669
664
'672
3,714
3,719
3,720
3,722
Nov.
Nov.
Nov.
Nov.
Nov.
1
8
15
22
29
3,111
3,089
3,166
3,079
3,072
1,687
1,420
1,754
1 450
1,499
1,258
1,269
1,297
1,329
1,294
39,127
38,965
39,404
39,223
39,320
18,556
18,660
18,604
18,918
18,972
18,273
18,184
18,520
18,479
18.503
1,460
1,481
1,431
1,467
1,484
510
415
407
422
484
525
523
521
522
523
7,832
7,829
7,997
7,808
7,772
718
712
703
702
722
5,063
5,067
5,070
5,067
5,043
181
178
182
180
184
17
17
16
17
17
122
123
122
122
122
9 ......
9
1
8
1
9
1
9
689
693
695
720
749
3,728
3,733
3,731
3,707
3,707
Dec. 6
3,030
Dec. 13_...... 3,081
Dec. 20
3,081
Dec. 27
3,061
Monthly
averages:
January
2,561
February,. 2,543
March
2,580
April
2,596
May...
2,644
2 727
July
2,765
August
2,808
September. 2,951
October.... 3,062
November . 3,103
December.. 3,063
1,262
1,880
1,624
1,747
1,291
1,314
1,285
1.206
38,997
39,843
39,573
39,507
18.824
18,981
18,923
18,720
18,317
18,869
18,766
18,740
1,381
1,341
1,302
1,240
388
651
479
487
522
568
572
570
7,815
7,825
7,855
7,856
726
735
737
727
5,040
5,042
5,036
5,053
192
205
214
216
17
16
17
17
122
121
123
121
9
10
9
9
1
1
1
751
746
749
759
3,716
3,713
3,713
3,712
1,430
1,415
1,493
1.345
1,357
1,340
1,365
1,325
1.474
1,479
1,562
1,628
1,231
1,262
1,274
1,277
1,289
1,287
1,230
1.237
1,234
1,245
1,290
1,274
34,567
34,515
34,889
35,342
35,767
36,148
36,499
37,088
38,163
38,796
39,208
39,480
16,054
17,1 20
16,£ 97
16,042
16,032 5,638 1,327
16,455 6,000 1,372
16,796 6,259 1,452
17,182 16,633 1,470
17,366 7,008 1,317
17,717 17,168 1,436
18,209 7,904 1,331
18,511 8,277 1,302
18,742 8,392 1,465
18,862 8,673 1,316
463
461
560
428
441
419
406
438
448
411
448
501
631
631
625
620
581
545
541
532
528
526
523
558
6,216
6,175
6,395
6,473
6,530
6,607
6,763
6,991
7,447
7,722
7,847
7,838
522
552
575
626
627
594
608
641
722
784
711
731
5,] 61
5,170
4,976 i 224
235
4,974
251
4,984
229
4,996
216
5,006
220
5,021
210
5,016
197
5,040
181
5,062
207
5,043
12
13
17
18
18
15
16
18
17
17
17
17
111
113
116
116
118
121
127
127
126
123
122
122
9
11 ""I"
1
12
1
12
2
12
12 ......
12
7
11
1
10
1
9
1
9
1
9
747
711
736
772
780
786
755
756
687
668
709
751
3,675
3,682
3,687
3,695
3,712
3,721
3,716
3,722
3.716
3,719
3.721
3,713
3
U. S. Treasurer's time deposits, open account, are combined with postal savings (time) deposits. Such open accounts were first
established in November 1938 but were not segregated from other Government deposits until February or March 1939.
160
BANKING AND MONETARY STATISTICS
NO. 48-WEEKLY REPORTING MEMBER BANKS IN 111 LEADING CITIES[Wednesday figures. In millions of dollars]
Loans
Investments
For
Compurchasing
merTotal
loans
cial, Open or carrying
securities
Real
and
indus- marTo
invest- Total trial
ket
To
estate banks Other
and paper brokments
ers
agriTo
and others
culdealtural
ers
Date or
month
1940
3
10
17
24
31
U. S. Government obligations
Total
Direct
Total
Total
Bills
Notes Bonds
Reserves
with Cash
Fedin
Other eral vault
secu- ReGuar- rities serve
anteed
Banks
23,087
23,131
23,212
23,183
23,174
8,674
8,646
8,579
8,536
8,499
4,353
4,363
4,330
4,316
|4,295
315
314
323
325
321
700
669
644
630
614
504
501
500
489
485
,188
,187
,180
,182
,183
50
51
45
43
54
,564
,561
,557
.551
,547
14,413
14,485
14,633
14,647
14,675
11,115
11,177
11,324
11,308
11,291
8,703
8,777
8,913
8,896
8,877
595
649
711
687
648
1,755
1,767
1,761
1,757
1,747
6,353
6,361
6,441
6,452
6,482
2,412
2,400
2,411
2,412
2,414
3,298 9,831
3,308 9,923
3,309 10,070
3,339 10,245
3,384 10,258
504
509
474
477
458
Feb. 7
Feb. 14
Feb. 21
Feb 28
23,199
23,202
23,211
23,268
8,507
8,516
8,531
8,528
J4.314
4.313
J4.316
4,324
321
327
333
332
608
611
617
609
483
483
482
478
1,183
1,183
1,185
1,185
54
54
55
52
,544
,545
,543
,548
14,692
14,686
14,680
14,740
11,321
11,275
11,255
11,272
8,910
8,855
8,830
8,851
659
638
623
647
1,755
1,752
1,743
1,735
6,496
6,465
6,464
6,469
2,411
2,420
2,425
2,421
3,371
3,411
3,425
3,468
10.181
10,214
10,306
10,390
466
485
462
480
Mar.
Mar.
Mar.
Mar
6
., ..
13 ...
20 .
27
23,355
23,437
23,398
23 , 329
8,591
8,616
8,606
8,603
4,355
4,367
4,379
4,383
335
333
338
335
638
659
628
609
477
476
473
478
1,184
1,183
1,185
1,192
56
48
50
49
,546
,550
,553
,557
14,764
14,821
14,792
14,726
11,300
11,330
11,310
11,209
8,900
8,943
8,941
8,830
672 1,725 6,503 2,400 3,464
673 1,780 6,490 2,387 3,491
645 ,796 6.500 2,369 3,482
516 ,802 6,512 2,379 3,517
10,411
10,477!
10,318
10,371
457
476
461
479
Apr
Apr.
Apr.
Apr.
3
10
17_,_=._
24
23,315
23,466
23,589
23,584
8,649
8,631
8,653
8,650
4,414
4,393
4,430
4,419
337
339
331
332
625
630
619
623
476
474
474
473
1,185
1,179
1,183
1,182
51
49
47
43
,561
,567
,569
,578
14,666
14,835
14,936
14,934
11,228
11,317
11,408
11,402
8,848
8,938
9,002
8,975
509
587
608
596
,821
,822
,840
,871
6,518
6,529
6,554
6,508
2,380
2,379
2,406
2,427
3,438
3,518
3,528
3,532
10,437
10,611
10,729
10,869
452
473
462
471
May
May
May
May
May
1 ____
8
15 _ _ _ _ _
22
29 _ _ _ _ _
23,542
23,576
23,592
23,544
23,524
8,661
8.654
8,643
8,562
8,475
4,409
4,404
4,414
4,391
4,367
326
331
328
327
322
626
618
602
544
478
474
473
473
474
481
1,187
1,193
1,191
1,193
1,189
52
51
43
44
46
,587
,584
,592
,589
,592
14,881
14,922
14,949
14,982
15,049
11,387
11,466
11,475
11,494
11,480
8,960
9,032
9,088
9,105
9,081
593
646
650
673
627
,871
,900
,909
,919
,926
6,496
6,486
6,529
6,513
6,528
2,427
2,434
2,387
2,389
2,399
3,494
3,456
3,474
3,488
3,569
10,859
10,851
11,050
11,196
11,203
447
479
472
485
488
June 5
June 12
June 19
June 26
23,527
23,661
23,596
23,581
8,435
8,469
8,444
8,435
4,368
4,377
4,387
4,399
318
317
309
309
437
444
413
395
475
472
470
467
1,195
1,198
1,199
1,202
38
42
48
38
,604
,619
,618
,625
15,092
15,192
15,152
15,146
11,564
11,614
11,626
11,610
9,163
9,214
y,226
9,204
698 ,928 6,537
750 ,933 6,531
785 2,058 6,383
771 2,054 6,379
2,401
2,400
2,400
2,406
3,528
3,578
3,526
3,536
11,308
11,429
11,595
11,669
483
507
499
506
July 3
July 10
July 17
July 24
July 31
23,586
23,683
23,743
23,947
23,978
8,462
3,461
8,517
8,514
8,517
4,438
4,447
4,464
4,462
4,441
301
297
298
290
291
380
377
408
411
419
471
471
474
476
474
1,199
1,200
1,205
1,206
1,210
40
36
35
36
40
,633
,633
,633
,633
,642
15,124
15,222
15,226
15,433
15,461
11,607
11,642
11,644
11,871
11,875
9,202
9,226
9,229
9,452
9,457
757
773
769
794
791
2,063
2,070
2,083
2,093
2,099
6,382
6,383
6,377
6,565
6,567
2,405
2,416
2,415
2,419
2,418
3,517
3,580
3,582
3,562
3,586
11,636
11,660
11,729
11,526
11,449
478
512
491
498
478
Aug.
Aug
Aug.
Aug
7
14
21
28
24,101
24,121
24,180
24,157
8,492
8,506
8,509
8,509
4,446
4,461
4,455
4,463
291
294
295
299
384
376
377
363
472
469
473
467
1,211
1,213
1,215
1,215
39
39
39
40
,649
,654
,655
,662
15,609
15,615
15,671
15,648
12,005
12,006
11.994
11,969
9,436
9,427
9,411
9,387
738
733
735
712
2,111
2,114
2,116
2,113
6,587
6,580
6,560
6,562
2,569
2,579
2,583
2,582
3,604
3,609
3,677
3,679
11,212
11,254
11,348
11,449
488
505
490
508
Sept. 4
Sept. 11
Sept. 18
Sept 25
24,188
_ _ . 24,294
24,284
24,166
8,566
8,665
8,692
8,689
4,480
4,571
4,578
4,575
294
296
296
295
390
392
404
415
463
460
462
462
1.219
1,220
1,222
1,223
48
50
45
35
,672
,676
,685
,684
15,622
15,629
15,592
15,477
11,957
11,964
11,888
11,779
9,373
9,377
9,305
9,203
705
710
673
619
2,095
2,091
2,091
2,056
6,573
6,576
6,541
6,528
2,584
2,587
2,583
2,576
3,665
3,665
3,704
3,698
11,418
11,471
11,490
11,616
491
517
502
508
24,329
24,327
24,402
24,489
24,602
8,785
8,800
8,877
8,890
8,909
4,630
4,672
4,722
4.746
4,773
297
299
301
301
304
446
409
437
420
410
460
462
458
454
455
1,220
1,221
1,220
1,223
1,222
41
39
39
38
36
,691
,698
,700
,708
,709
15,544
15,527
15,525
15,599
15,693
11,862
11,858
11,888
11,934
12,001
9,280
9,272
9,283
9,317
9,374
628
662
689
702
736
2,112
1,814
1,811
1,816
1,834
6,540
6,796
6,783
6,799
6,804
2,582
2,586
2,605
2,617
2,627
3,682
3,669
3,637
3,665
3,692
11,646
11,770
11,845
11,991
12,030
485
511
489
515
526
6
24,729 9,008 4,827
13 ... 24,871 9,086 4,895
20 ... 24,944 9,110 F.908
24,902 9,128
27
,911
304
300
299
299
450
452
455
467
452
456
454
460
1,222
1,228
1,226
1,228
36
35
39
39
,717
,720
,729
,724
15,721
15.785
15,834
15,774
12,108
12,180
12,229
12,250
9,410
9,476
9,529
9,543
751
763
774
784
1,827
1,855
1,855
1,861
6,832
6,858
6,900
6,898
2,698
2,704
2,700
2,707
3,613
3,605
3.60&
3,524
11,832
11,878
11,973
12,138
520
545
517
540
Jan.
Jan
Jan.
Jan
Jan.
Oct.
Oct.
Oct.
Oct.
Oct.
Nov.
Nov.
Nov.
Nov.
2
9 . _._
16
23
30
25,053
25,224
25,532
25,604
25,527
9,162
9,299
9,341
9,354
9,390
|4,942
4,992
5,001
5,011
5,018
303
304
303
303
301
452
529
558
545
584
459
458
467
466
465
1,229
1,230
1,228
1,230
1,230
43
42
40
40
37
,734
,744
,744
,759
,755
15,89115,925
16,191
16,250
16,137
12,307
12,311
12,542
12,568
12,462
,584
,582
,808
,828
.719
786
784
759
732
611
1,871
1,859
2,094
2,138
2,130
6,927
6,939
6,955
6,958
6,978
2,723
2,729
2,734
2,740
2,743
3,584
3,614
3,649
3,682
3,675
11,967
11,971
11,673
11,715
11,797
529
577
577
562
535
23,157
23,220
23,380
23,489
May
23 , 555
June
23,591
23,787
July
August
24,140
September. 24,233
October
24,429
November. 24,862
December .25,388
8,587
8,520
8.604
8.646
8,599
8,446
8,494
8,504
8,653
|8,852
9,083
9,309
4,331
4,317
4,371
4,414
4,397
4,383
4,45*
4,456
4,551
4,709
4,885
4,993
320
328
335
335
327
313
295
295
295
300
301
303
651
611
634
624
574
422
399
375
400
424
456
534
496
481
476
474
475
471
473
470
462
458
456
463
1,184
1,184
1.186
1,182
1,191
1,199
1,204
1,214
1,221
1,221
1,226
1,229
49
54
51
48
47
42
37
39
45
39
37
40
,556
,545
,551
,569
,588
,616
,635
,655
,679
,701
,722
,747
14,570
14,700
14,776
14,843
14,956
15,145
15 293
is! 636
15,580
15,577
15,779
16,079
11,243
11,281
11,288
11,339
11,460
11,603
11,728
11,994
11,897
11,908
12,192
12,438
8,833
8,862
8,904
8,941
9,053
9,201
9,313
9,415
9,315
9,305
9,490
9,704
658
642
627
575
638
751
777
730
677
683
768
734
1,757
1,746
1,776
1,839
1,905
1,993
2,081
2,113
2,083
1,878
1,850
2,019
6,418
6,474
6,501
6,527
6,510
6,457
6,455
6,572
6,555
6,744
6,872
6,951
2,410
2,419
2,384
2,398
2,407
2,402
2,415
2,579
2,582
2,603
2,702
2,734
3,327
3,419
3,488
3,504
3,496
3,542
3,565
3,642
3,683
3,669
3,587
3,641
10,065
10,273
10,394
10,661
11,032
11,500
11,600
11,316
11.499
11,856
11,955
11,824
484
473
468
465
474
499
491
498
504
505
531
556
Dec. 4
Dec. 11.
Dec. 18
Dec. 24
Dec 31
Monthly
averages:
January
February..
March
April
REPORTING MEMBER BANKS
161
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
1
Demand deposits
Cash
Total
Indiassets
Bal- items
in
ances
De- viduals
maud partwith proc- Other
deposits nerassets
doships,
admestic rf8
Total justed corpobanks collecrations,
tion
liabilietc.
ties
Date or
month
1940
Jan. 3
Jan 10
Jan. 17
Jan. 24
Jan. 31
Time deposits
Interbank
States Certiand
fied U.S.
polit- and Govical
offi- ernsub- cers' ment Do- Fordivi- checks
mestic eign
sions etc.
Individuals,
partnerships,
corporations,
etc.
U.S. Interbank
States Governand
polit- ment
ical and
sub- postal Do- Fordivi- sav- mestic eign
sions ings
i
3,140
3,036
3,116
3,074
3,067
1,631
1,359
1,522
1,291
1,479
1,193
1,211
1,207
1,224
1,247
39,386
39,169
39,601
39,494
39,683
18,566
18,823
18,979
19,163
19,199
18,474
18,520
18,825
18,790
18,843
1,227
1,223
1,209
1,244
1,332
496
439
467
420
503
574
571
560
564
561
8,066
7,862
7,998
7,942
7,906
732
723
743
735
729
5,072
5,069
5,050
5,046
5,047
199
200
204
203
205
17
17
17
17
17
124
124
125
124
123
8
8
8
8
9
„ 3,075
3,107
3,128
3,104
1,201
1,581
1,537
1,363
1,298
1,249
1,242
1,261
39,420
39,838
39,886
39,866
19,108
19,062
19,256
19,414
18,596
18,918
18,902
18,929
1,317
1,295
1,300
1,432
396
430
591
416
563
561
561
559
7,995
8,064
7,967
7,960
732
751
736
723
5,054
5,059
5,071
5,085
198
196
201
201
16
17
17
16
124
124
124
125
9
9
9
9
Mar. 6
Mar. 13
Mar. 20
Man 27
3,111
3,181
3,191
3,253
1,346
1,412
1,359
1,535
1,260
1,294
1,271
1,271
39,940
40,277
39,998
40,238
19,341
19,507
19,251
19,276
18,895
19,158
18,829
18,898
1,344
1,345
1,362
1,435
448
416
419
478
560
560
559
560
8,094
8,142
8,158
8,180
719
722
743
727
5,099
5,142
5,146
5,147
201
198
185
188
15
16
19
21
125
126
126
119
9
8
8
8
Apr.
Apr.
Apr.
Apr,
3
10.
17
24
3,299
3,185
3,239
3,194
1,374
1,385
1,490
1.385
1,215
1,179
1,180
1,180
40,092
40,299
40,689
40,683
19,175
19,462
19,655
19,764
18,743
18,968
19,288
19,234
1,351
1,430
1,400
1,433
455
449
457
482
562
560
559
562
8,306
8,212
8,348
8,316
718
714
710
727
5,165
5,168
5,128
5,127
188
189
182
185
20
21
20
19
118
116
116
116
May 1
May 8
May 15
May 22
May 29
3,177
3,185
3,284
3,269
3,285
1,675
1.205
1,736
1,496
1,443
1,224
1,243
1,251
1,280
1,305
40,924
40,539
41,385
41,270
41,248
19,696
19,741
19,928
20,201
20,287
19,253
19,073
19,620
19,659
19,696
1,594
1,489
1,513
1,528
1,578
524
384
531
510
456
560
560
562
559
560
8,344
8,369
8,499
8,371
8,316
713
707
702
685
700
5,121
5,120
5,118
5,117
5,120
183
196
196
193
191
19
20
19
20
22
June 5 .
June 12
June 19—
June 26
3,243
3,255
3,279
3,272
1,273
1,571
1,377
1,404
1,326
1,319
1,160
1,168
41,160
41,742
41,506
41,600
20,306
20,615
20,495
20,681
19,647
20,263
20,023
20,202
1,541
1,531
1,438
1,467
391
392
411
416
563
561
561
559
8,372
8,334
8,424
8,313
693
680
680
671
5,127
5,123
5,125
5,132
189
186
178
179
3,277 1.556
July 3 .
3,208 1,311
July 10
July 17. ... 3,262 1,421
July 24
3,181 1,305
3,140 1,400
July 31
1,147
1,155
1,161
1,151
1.195
41,680
41,529
41,807
41,608
41,640
20,510
20,824
20,932
20,984
20,984
20,167
20,302
20,532
20,401
20,499
1,434
1,452
1,425
1,465
1,497
465
381
396
423
388
515
439
407
509
505
8,467
8,339
8,418
8,196
8,129
678
664
666
669
669
5,146
5,139
5,138
5,139
5,144
Feb.
Feb.
Feb.
Feb.
7 ..
14_
21
28
Borrowings
CapOther ital
liabili- acties counts
683
698
689
689
690
3,714
3,715
3,706
3,711
3,717
700
694
686
692
3,719
3,719
3,720
3,719
1
1
1
706
724
721
758
3,725
3,719
3,722
3.718
8
8
7
7
1
1
1
1
725
730
739
733
3,732
3,733
3,734
3,741
116
115
115
115
115
7
7
7
7
7
1
741
747
752
753
739
3,748
3,752
3,750
3.752
3,747
23
23
24
22
116
115
110
112
7
7
7
7
1
735
743
742
746
3,755
3,784
3,783
3,773
183
180
176
174
175
23
23
23
22
22
110
111
110
112
110
7
7
7
7
7
1
710
715
736
717
717
3,774
3,777
3.772
3,773
3,776
1
1
1
1
1
1
1
1
1
1
1
2
7_
14.
21
28
3,113
3,168
3,173
3,201
1,208
1,380
1,284
1,197
1,158
1,167
1,166
1,169
41,280
41,595
41,641
41,681
20,712
20,789
20,956
21,053
20,101
20,369
20,381
20,424
1,476
1,427
1,478
1,482
343
373
381
344
505
506
506
506
8,221
8,280
8,252
8,282
678
683
672
675
5,150
5,154
5,161
5,156
183
180
183
183
24
24
24
23
112
112
110
110
7
7
7
7
I
1
697
699
702
701
3,782
3,781
3,783
3,787
Sept. 4 _ _ _ _ _ _ _
Sept. 11
Sept. 18
Sept. 25
3,171
3,226
3,296
3,248
1,347
1,418
1,434
1,403
1,180
1,201
1,182
1,174
41,795
42,127
42,188
42,115
20,901
'21,079
120,984
,21,080
20,415
20,738
20,617
20,610
1,440
1,410
1,413
1,421
393
349
388
452
509
505
508
507
8,395
8,459
8,576
8,429
663
665
677
686
5,174
5,174
5,175
5,178
182
184
178
172
24
24
24
24
110
111
111
112
.7
6 -„-_.6
1
6
693
719
733
736
3,790
3,783
3,781
3,781
Oct.
Oct.
Oct.
Oct.
Oct.
3,307
3,244
3,405
3,317
3,270
1,477
1,348
1,792
1,452
1,490
1,196
1,206
1,222
1,206
1,230
42,440
42,406
43,155
42,970
43,148
21,152
21,238
21,317
21,643
21,858
20,741
20,754
21,277
21,162
21,266
1,463
1,430
1,396
1,510
1,651
425
402
436
423
431
508
507
508
507
506
8,623
8,608
8,845
8,656
8,596
672
685
674
681
662
5,187
5,178
5,181
5,182
5,171
170
173
170
172
175
24
24
24
23
25
111
111
111
111
111
6
6
6
6
6
1
3
1
1
1
716
729
730
738
744
3,793
3.796
3,796
3.798
3,803
6
. 3,339
3,372
13
3,332
20
27.__... 3,347
1,757
1,990
1,737
1,543
1,242
1,258
1,274
1,249
43,419
43,914
43,777
43,719
21,592
21,818
21,961
22,189
21,189
21,662
21,654
21,771
1,651
1,589
1,571
1,495
509
557
473
466
510
504
505
509
8,818
8,850
8,836
8,731
661
661
650
665
5,188
5,190
5,189
5,180
193
192
191
192
24
23
24
25
112
113
111
112
1
6
1
6
6 ......
6
741
743
745
744
3,816
3,823
3,822
3,822
3,259 1,451 1,211 43,470 22,131 21,667
Dec. 4-_
3,271 1,780 1,221 44,044 22,403 22,203
Dec. 11
3,426 2,008 1,185 44,401 22,279 22,146
Dec. 18__
Dec. 25
„ 3,387 1,768 1,187 44,223 22,382 22,150
D e c . 3 1 _ _ _ _ _ _ _ 3,462 2,316 1,211 44,848 22,299 22.324
Monthly
averages:
3,087 1,456 1,217 39,466 18,946 18,690
January
February „ _ 3,104 1,421 1,262 39,753 19.210 18,836
3,184 1,413 1,274 40,113 19,344 18,945
March
April
._ 3,229 1,408 1,189 40,441 19,515 19,058
3,240 1,511 1,261 41,073 19,971 19,460
May
June
«, 3,262 1,406 1,244 41,502 20,524 20,034
3 214 1,399 1,162 41,653 20,847 20,380
July
August.—.. 3,163 1,267 1,165 41,549 20,878 20,319
September _ 3,235 1,401 1,184 42,056 21,011 20,595
October
3,309 ,512 ,212 42,823 21,442 21,040
November _ 3,347 ,757 ,255 43,707 21,890 21,569
December.. 3,361 ,865 ,203 44,197 22,299 22,098
1
U. S. Treasurer's time deposits, open account, are
1,450
1,471
1,489
1,522
1,595
465
509
652
478
696
423
386
453
452
451
8,725
8,700
8,859
8,807
8,952
667
668
662
657
686
5,167
5,169
5,182
5,193
5,234
198
214
221
224
196
24
24
25
25
25
112
113
113
112
113
6
6
6
6
6
742
757
766
770
748
3,823
3.822
3.826
3,827
3.822
17
17
18
20
21
23
22
24
24
24
24
25
124
124
124
117
115
113
111
111
111
111
112
113
690
693
727
732
746
742
719
700
720
731
743
756
3,713
3,719
3,721
3,735
3,750
3,773
3,774
3,783
3,784
3,797
3,821
3,824
Aug.
Aug.
Aug.
Aug.
Nov.
Nov.
Nov.
Nov.
2.. .
9
18— _„.
23
30__
202
1,247
732 5,057
566 7,955
465
1,336
736 5,067
561 7,997
199
458
1,371
193
728 5,133
560 8,144
440
1,403
717 5,147
561 8,295
461
186
192
1,540
481
701 5,119
560 8,380
1,494
402
183
681 5,127
561 8,361
1,455
411
178
669 5,141
475 8,310
182
1,466
677 5,155
506 8,258
360
1,421
673 5,175
507 8,465
396
179
172
,490
507 8,666
675 5,180
423
192
1,576
6.59 5,187
507 8,809
501
,505
668 5,189
560
433 8,809
210
combined with postal savings (time) deposits.
.
8
9
8
8
7
7
7
7
6
6
6
6
1
1
2
1
._
1
1
BANKING AND MONETARY STATISTICS
162
NO. 4S-WEEKLY REPORTING MEMBER BANKS IN 111 LEADING CITIES[Wednesday figures. In millions of dollars]
Loans
Total
loans
and
investments
Date or
month
Total
Commercial,
industrial
and.
agricultural
Open
market
paper
Investments
For
purchasing
or carrying
securities
To
Real
estate banks Other Total
To
brokTo
ers
and others
dealers
U. S. Government obligations
Direct
Total
Total
Bills Notes Bonds
Reserves
with Cash
in
FedOther eral vault
secu- ReGuar- rities serve
anteed
Banks
1941
Jan. 8
..... 25,614
25,669
Jan. 15
25,684
Jan. 22
25,676
Jan. 29
9,303
9,280
9,287
9,308
5,033
5,040
5,055
5,076
305
310
312
314
500
462
465
458
459
462
458
459
1,228
1,230
1,227
1,229
38
36
35
35
1,740
1,740
1,735
1,737
16,311
16,389
16,397
16,368
12,629
12,715
12,720
12,694
9,873
9,965
9,977
9,950
685
725
726
685
2,164
2,186
2,188
2,214
7,024
7,054
7,063
7,051
2,756
2,750
2,743
2,744
3,682
3,674
3,677
3,674
12,010
12,142
12,171
12,111
552
519
524
527
26,184
26,248
26,381
26,450
9,337
9,377
9.423
9,495
5,124
5,173
5,220,
5,227
313
317
320
319
440
424
418
478
461
459
458
455
1,230
1,231
1,230
1,232
35
34
36
36
1,734
1.739
1,741
1,748
16,847
16,871
16,958
16,955
13,124
13,147
13,180
13,100
10,378
10,382
10,420
10,334
732
720
737
727
2,563
2,5S8
2,572
2,555
7,083
7,094
7,111
7,052
2,746
2,765
2,760
2,766
3,723
3,724
3,778
3,855
11,611
11,640
11,804
12,003
510
522
518
530
Mar.
Mar.
Mar.
Mar.
5 .. ... 26,668
26,744
12
19 . ...26,843
26,918
26
9,592
9,689
9,714
9,798
5,287
5,374
5,414
5,420
323
332
340
343
502
498
471
542
455
458
455
453
1,229
1,229
1,226
1,226
39
39
37
37
1,757
1,759
1,771
1,777
17,076
17,055
17,129
17,120
13,232
13,285
13,343
13,334
10,458
10,519
10,588
10,583
840
909
970
864
2,554
2,545
2,347
2,360
7,064
7,065
7,271
7,359
2,774
2,766
2,755
2,751
3,844
3,770
3,786
3.786
11,910
11,976
11,533
11,438
509
527
505
517
Apr.
Apr.
Apr,
Apr.
Apr.
26,952
2
9 . ... 27,138
27,163
16
23.. .. 27,546
27,550
30
9,828
9,846
9,871
9,831
9,870
5,465
5,494
5,530
5,509
5,532
347
347
350
355
354
504
497
485
461
465
454
455
449
445
445
1,228
1,228
1,229
1,231
1,235
52
39
39
37
40
1,778
1,786
1,789
1,793
1,799
17.124
17,292
17,292
17,715
17,680
13,331
13,477
13,494
13,911
13,927
10,578
10,726
10,739
10,810
10,812
742
868
878
878
869
2,183
2,181
2,179
2,191
2,190
7,653
7,677
7,682
7,741
7,753
2,753
2,751
2,755
3,101
3,115
3,793
3,815
3,798
3,804
3,753
11,315
11,428
11,668
11,235
11,208
491
521
501
522
516
27,601 9,892 5,568
May?
May 14...... 27,742 9,953 5,604
27,798 10,046 5,639
May 21
May 28... .. 27,915 10,226 5,673
356
359
360
367
444
445
455
571
442
443
447
451
1,234
1,237
1,237
1,239
36
40
40
42
1,812
1,825
1,868
1,883
17,709
17,789
17,752
17,689
14,021
14,089
13,991
13,996
10,910
10,952
10,972
10,974
931
961
975
929
2,208
2,220
2,217
2,212
,771
,771
,780
,833
3,111
3,137
3,019
3,022
3,688
3,700
3,761
3,693
11,124
11,125
11,433
11,493
532
554
535
563
Feb. 5
Feb. 12 .
Feb. 19. _ _ _ _ _
Feb. 26
June 4
June 11
June 18
June 25
28,061
28,131
28,155
28,279
10,183
10,238
10,262
10,324
5,706
5,764
5,792
5,825
366
373
370
372
496
478
471
487
444
447
444
452
1,240
1,241
1,246
1,246
39
40
42
38
1,892
1,895
1,897
1,904
17,878
17,893
17,893
17,955
14,186
14,233
14,287
14,304
1
1
1
1
950 2,231
,156
,196 1,030 2,235
,249 1,056 2,232
,274 1,098 2,236
,975
,931
,961
,940
3,030
3,037
3,038
3,030
3,692
3,660
3,606
3,651
10,982
11,046
10,883
10,788
565
596
581
596
July 2
July 9
July 16
July 23
July 30
28,325
28,481
28,577
28,646
28,771
10,453
10,453
10,523
10,504
10,572
5,897
5,933
5,988
6.011
6,047
371
374
382
388
388
529
505
505
461
478
453
446
447
441
439
1,244
1,248
1,249
1,252
1,253
40
41
39
37
43
1,919
1,906
1,913
1,914
1,924
17,872
18,028
18,054
18,142
18,199
1
1
1
1
1
,293
,471
,506
,593
,588
1
1
1
1
1
,255
,259
,285
,291
,279
1,080
1,071
1,087
1,081
1,074
2,246
2,248
2,247
2,251
2,253
,929
,940
,951
,959
,952
3,038
3,212
3,221
3,302
3,309
3,579
3,557
3,548
3,549
3,611
10,863
10,665
10,899
10,855
10,835
570
597
546
548
561
28,761
6
13...... 28,874
29,025
20
29,107
27
10,597
10,663
10,688
10,697
6,087
6,146
6,180
6,183
397
399
404
400
462
457
444
448,
439
440
437
437
1,254
1,254
1,252
1,254
39
42
41
43
1,919
1,925
1,930
1,932
18,164
18,211
18,337
18,410
1
1
1
1
,553
,559
,593
,608
1
1
1
1
,248
,247
,279
,292
1,075
1,059
1,064
1,079
2,253
2,256
2,276
2,279
7,920
7,932
7,939
7,934
3,305
3,312
3,314
3,316
3,611
3,652
3,744
3,802
10,662
10,594
10,696
10,633
537
556
636
559
Sept. 3
Sept. 10
Sept. 17
Sept. 24. .
29,238
29,230
29 ,.098
29,120
_.
10,903
10,975
10,917
10,954
6,222
6,310
6,362
6,389
397
397
394
393
607
588
469
481
436
437
437
437
1,256
1,258
1,260
1,258
45
43
40
40
1,940
1,942
1,955
1,956
18,335
18,255
18,181
18,166
1
1
1
1
,567
,496
,408
,397
1
1
1
1
,251 1,019 2,283 7,949 3,316
,183
936 2,284 7,963 3,313
844 2,287 7,957 3,320
,088
814 2,294 7,962 3,327
,070
3,768
3,759
3,773
3,769
10,534
10,725
10,879
10,830
543
573
551
559
Oct. 1
Oct. 8
Oct. lfi.....__
Oct. 22
Oct. 29
29,125
29,132
29,385
29,618
29,582
1
1
1
1
1
,024
,076
,244
,212
,203
6,447
6,501
6,568
6,556
6,554
397
403
419
423
419
494
493
551
535
531
428
427
439
433
431
1,257
1,256
1,258
1,262
1,265
39
40
43
37
37
1,962
1,956
1,966
1,966
1,966
18,101
18,056
18,141
18,406
18,379
1
1
1
1
1
,301
,307
,378
,653
,648
1
1
1
1
1
,982
,985
,043
,310
,318
785 2,280
815 2,250
842 2,257
817 2,222
797 2,244
7,917
7,920
7,944
8,271
8,277
3,319
3,322
3,335
3,343
3,330
3,800
3,749
3,763
3,753
3,731
10,792
10,804
10,816
10,358
10,215
537
558
550
562
568
29,523
Nov. 5
29,611
Nov 12
Nov. 19 .. .. 29,656
29,693
Nov. 26
1
1
1
1
,238
,317
,285
,266
6,572
6,633
6,632
6,602
418
428
426
427
550
554
527
536
436
430
428
428
1,256
1,261
1,260
1,259
42
41
36
39
1,964
1,970
1,976
1,975
18,285
18,294
18,371
18,427
1
1
1
1
,606
,632
,696
,735
1
1
1
1
,683
,703
,769
,814
815 2,563
832 2,564
898 2,554
950 2,526
8,305
8,307
8,317
8,338
,923
,929
,927
,921
3,679
3,662
3,675
3,692
10,058
10,140
10,361
10,534
550
588
543
574
3
10
17
24
31
29,691
29,891
30,306
30,293
30,085
1
1
1
1
1
,259
,357
,429
,442
,370
6,593
6,675
6,769
6,784
6,722
428
425
433
434
423
548
550
544
532
535
427
430
425
422
422
1,256
1,262
1,258
1,261
1,259
38
43
45
43
35
1,969
1,972
1,955
1,966
1,974
18,432
18,534
18,877
18,851
18,715
1 ,782
1 ,883
15,219
15,173
15,049
1 ,860
1 ,932
12,266
12,213
12,085
990 2,528
971 2,566
976 2,540
959 2,531
883 2,535
8,342 ,922 3,650 10,575
8,395 ,951 3,651 10,603
8,750 ,953 3,658 9,972
8,723 2,960 3,678 9,880
8,667 2,964 3,666 9,825
554
595
600
564
555
Monthly
averages:
January —
February „
March. «._„.
April
May
„
June
July .
August
September.
October
November.
December-
25,661
26,316
26,793
27,270
27,764
28,157
28,560
28,942
29,171
29,368
29,621
30,053
9,295
9,408
9,698
9,849
10,029
10,252
10,501
10,661
10,937
11,152
11,277
11,371
5,051
5,186
5,374
5,506
5,621
5,772
5,975
6,149
6,321
6,525
6,610
6,709
310
317
335
351
360
370
381
400
395
412
425
429
471
440
503
482
479
483
496
453
536
521
542
542
460
458
455
450
446
447
445
438
437
432
431
425
1,229
1,231
1,227
1,230
1,237
1,243
1,249
1,253
1,258
1,260
1,259
1,259
36
35
38
41
39
40
40
41
42
39
39
41
1,738
1,741
1,766
1,789
1,847
1,897
1,915
1,927
1,948
1,963
1,971
1,966
16,366
16,908
17,095
17,421
17,735
17,905
18,059
18,281
18,234
18,216
18,344
18,682
12,689
13,138
13,299
13,628
14,024
14,253
14,490
14,578
14,467
14,457
14,667
15,021
9,941
705 2,188 ,048 2,748 3,677 12,109
10-, 379
729 2,565 ,085 2,759 3,770 11,765
10,538
896 2,452 ,190 2,761 3,796 11,714
10,733
847 2,185 ,701 2,895 3,793 11,371
10,952
949 2,214 ,789 3,072 3,711 11,294
1 ,219 1,033 2,234 ,952 3,034 3,652 10,925
1 ,274 1,079 2,249 7,946 3,216 3,569 10,823
1 ,266 1,069 2,266 7,931 3,312 3,703 10,646
903 2,287 7,958 3,319 3,767 10,742
1 ,148
1 ,127
811 2,251 8,065 3,330 3,759 10,597
874 2,552 8,316 2,925 3,677 10,273
1 ,742
956 2,540 8,575 2,950 3,661 10,171
12,071
530
520
515
510
546
585
564
547
556'
555
564
574
Aug
Aug.
Aug
Aug.
Dec
Dec.
Dec.
Dec.
Dec
163
REPORTING MEMBER BANKS
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Total
Cash
Indiassets
Bal- items
viduals States Certiin
ances
fied
part- and
Dewith proc- Other
mand
ner- polit- and
do-, ess assets
offideposits ships, ical
mestic of
corpo- sub- cers'
adTotal
banks collecliabili- justed rations, divi- checks,
tion
sions etc.
etc.
ties
Date or
month
1941
3,370
Jan. 8
3,475
Jan. 15
3,420
Jan. 22
Jan. 29 . . 3.352
U.S.
Government
IndividInterbank
uals,
partnerships,
Do- For- corporamestic eign
tions,
etc.
States
and
political
subdivisions
Interbank
U.S.
Government
and
Do- Forpostal mestic eign
savings i
Bor- Other
row- liabili- acings ties counts
^
1,189
1,212
1,209
1,232
44,167
44,754
44,570
44,430
22,494
22,703
22,898
22,932
21,930
22,466
22,415
22,401
1,521
1,498
1,550
1,579
475
476
495
484
448
349
261
214
9,006
9,121
9,069
8,959
658
652
634
644
5,224
5,276
5,237
5,240
194
191
189
185
24
24
24
23
119
116
117
117
6
6
6
6
1
2
2
1
736
754
745
754
3,825
3,823
3,826
3.823
Feb. 5 . ... 3,314 1,425 1,236
3,351 1,563 1,264
Feb. 12
3,388 1,562 1,241
Feb 19
3,473 1,755 1,255
Feb 26
44,280
44,588
44,894
45,466
22,798
22,981
23,157
23,431
22,158
22,456
22,617
22,812
1,605
1,648
1,619
1,820
460
440
483
554
330
331
331
332
8,924
8,925
9,033
9,137
640
620
619
621
5,251
5,254
5,270
5,273
200
197
194
179
24
24
25
26
116
117
118
116
5
5
5
5
1
1
734
737
746
755
3,832
3,833
3,834
3,836
Mar.
Mar.
Mar.
Mar.
5 . .. 3,427 1,576 1,248
3,472 1,718 1,195
12
19
3,490 1,682 1,166
3,480 1,616 1,172
26
45,338
45,632
45,219
45, 141
23,362
23,487
23,186
23,259
22,811
23,155
22,690
22,647
1,692
1,585
1,624
1,725
435
465
554
503
333
328
330
322
9,208
9,236
9,161
9,115
639
644
644
631
5,295
5,285
5,275
5,271
174
175
172
171
25
26
26
26
114
115
117
116
5
5
5
5
1
1
1
1
764
780
793
777
3,842
3,832
3,827
3,831
Apr
Apr,
Apr.
Apr.
Apr.
2
3,588
9
3,439
16 . ... 3,548
23
3,400
3,386/
30
1,699
1,437
1,831
1,617
1,878
1,174
1,197
1,202
1,202
1,226
45,219
45,160
45,913
45,522
45,764
23,093
23,430
23,577
23,762
23,712
22,518
22,716
23,245
23,085
23,173
1,747
1,709
1,688
1,797
1,903
527
442
475
497
514
396
390
389
388
386
9,228
9,054
9,265
8,910
8,929
628
639
648
648
638
5,269
5,286
5,280
5,274
5,269
171
171
168
168
181
25
24
26
25
26
115
114
113
113
114
5
5
5
5
5
5
1
1
6
751
761
763
761
765
3,839
3,844
3,847
3,850
3,855
May
May
May
May
7
14
21
28
3,437
3,484
3,530
3,532
1,430
1,791
1,736
1,685
1,239
1,274
1,273
1,186
45,363
45,970
46,305
46,374
23,616
23,846
24,265
24*311
22,804
23,378
23,632
23,612
1,845
1,847
1,849
1,870
397
412
520
514
394
395
397
390
9,047
9,067
9,053
9,107
656
654
651
656
5,255
5,247
5,242
5,240
183
186
182
183
26
26
26
26
114
115
116
113
5
7
7
7
2
1
1
3
773
774
767
789
3,862
3,861
3,862
3,864
June 4
June 11
June 18
June 25
3,511
3,465
3,500
3,439
1,784
1,877
1,828
1,705
1,212
1,217
1,206
1,219
46,115
46,332
46,153
46,026
23,888
24,071
23,872
24,046
23,337
23,675
23,517
23,507
1,752
1,757
1,706
1,749
583
516
477
495
455
454
457
458
9,122
9,055
9,123
8,934
642
660
659
664
5,233
5,225
5,235
5,239
181
181
170
169
26
26
26
26
114
114
113
114
7
7
7
1
1
1
1
785
788
789
795
3,877
3,873
3,873
3,868
174
165
161
158
158
26
26
24
26
26
114
113
114
113
113
7
7
7
7
7
I
2
1
1
1
757
755
772
768
763
3,872
3,876
3,871
3,877
3,869
July 2
July 9
July 16
July 23
July 30
1,432
1,737
1,562
1,532
3,516
3,412
3,583
3,496
3,481
1,938
1,699
2,009
1,667
1,758
1,149
1,158
1,169
1,159
1,180
46,361
46,012
46,783
46,371
46,586
23,949
23,920
24,260
24,381
24,544
23,667
23,562
24,157
24,004
24,029
1,604
1,569
1,560
1,593
1,750
616
488
552
451
523
463
465
467
470
470
9,158
9,071
9,195
9,002
8,965
659
655
647
647
652
5,243
5,258
5,255
5,254
5,260
6
13
20
27
3,410
3,539
3,495
3,462
1,519
1,889
1,731
1,707
1,181
1,174
1,175
1,187
46,070
46,626
46,658
46,655
24,217
24,245
24,455
24,453
23,546
23,927
23,897
23,787
1,735
1,736
1,825
1,894
455
471
464
479
502
520
533
565
8,981
9,109
9,106
9,103
642
641
624
622
5,273
5,276
5,276
5,271
157
157
158
159
25
25
20
20
112
112
112
no
7
7
7
7
1
4
1
1
754
757
752
752
3,882
3,884
3,883
3,883
Sept. 3
Sept. 10
Sept. 17
Sept. 24
3,502
3,530
3,676
3,592
1,721
1,782
1,928
1,799
1,204
1,223
1,194
1,198
46,742
47,063
47,326
47,098
24,349
24,503
24,375
24,390
23,719
23,948
24,040
23,853
1,876
1,843
1,785
1,811
475
494
478
525
591
590
596
608
9,240
9,336
9,592
9,440
619
623
606
619
5,268
5,273
5,273
5,270
156
156
155
159
21
21
21
21
115
113
115
112
7
7
7
7
1
1
1
1
765
772
776
787
3,889
3,886
3,881
3,885
7
1
1
1
2
2
772
782
793
789
796
3,888
3,892
3,897
3,902
3,896
Aug.
Aug.
Aug.
Aug.
..
Oct.
Oct.
Oct.
Oct.
Oct.
1
8
15
22
29
_. 3,596
3,523
3,645
3,504
3,449
2,179
1,748
2,523
2,016
1,812
1,209
1,205
1,191
1,192
1,247
47,438
46,970
48,110
47,250
46,873
24,277
24,400
24,640
24,382
24,258
23,894
23,788
24,772
23,989
23,662
1,906
1,857
1,823
1,840
1,889
656
503
568
569
519
580
442
276
598
653
9,557
9,496
9,782
9,347
9,245
617
626
625
638
633
5,267
5,285
5,278
5,283
5,285
160
157
156
154
153
21
21
21
21
21
112
113
111
111
112
Nov.
Nov.
Nov.
Nov.
5
12
19
26
3,276
3.361
3,342
3,335
1,979
2,343
2,293
1,883
1,210
1,215
1 220
1,188
46,596
47,258
47,415
47,207
23,876
24,151
24,192
24,452
23,394
24,134
24,052
23,979
1,904
1,853
1 708
1,822
557
507
725
534
658
658
726
777
9,145
9,167
9,263
9,139
635
636
636
653
5,298
5,292
5,295
5,275
152
156
154
151
21
21
20
22
110
110
111
111
7
7
7
3
3
5
4
798
799
801
815
3,914
3,915
3,912
3,918
Dec.
Dec.
Dec.
Dec.
Dec.
3.
10
17
24
31
3,344
3,288
3,389
3,288
3,255
1,830
1,854
2,284
2,087
2,791
1,214
1,212
1,162
1,168
1,153
47,208
47,443
47,713
47,280
47,664
24,324
24,682
24,060
23,994
23,650
23,814
24,241
24,059
23,878
23,993
1,780
1,726
1,690
1,658
1,721
826 9,294
560
774 9,173
569
595 1,345 9,120
545 1,403 8,928
727 1,475 8,934
648
652
652
664
650
5,232
5,209
5,177
5,149
5,172
155
192
194
195
173
23
23
23
23
23
111
7
6
7
7
6
3
2
2
2
1
828
841
814
804
770
3,927
3,924
3,926
3,916
3,913
Monthly
averages;
January
3,404
February __ 3,381
March..... 3,468
3,472
April
3,495
May
June
3,479
3,498
July
August
3,476
September. 3,575
3,543
October
November, 3,328
December- 3,313
1,566
1,576
1,648
1,692
1,660
1,798
1,814
1,711
1,808
2,056
2,125
2,169
1,210
1,249
1,195
1,200
1,244
213
1,163
1,180
1,205
1,209
1,208
1,182
44,480
44,807
45,333
45,515
46,003
46,157
46,422
46,502
47,057
47,328
47,119
47,462
22,757
23,092
23,324
23,515
24,010
23,969
24,211
24,343
24,404
24,391
24,168
24,142
22,303
22,511
22,826
22,947
23,356
23,509
23,884
23,789
23,890
24,021
23,890
23,997
1,537
1,673
1,657
1,769.
1,853
1,741
1,615
1,798
1,829
1,863
1,822
1,715
318
482
331
484
328
489
390
491
394
461
456
518
467
526
530
467
596
493
563
510
705
581
599 1,165
9,039
9,005
9,180
9,077
9,069
9,059
9,078
9,075
9,402
9,485
9,178
9,090
647
625
640
640
654
656
652
632
617
628
640
653
5,244
5,262
5,282
5,275
5,246
5,233
5,254
5,274
5,271
5,280
5,290
5,188
190
193
173
172
183
175
163
158
156
156
153
182
24
24
26
25
26
26
26
22
21
21
21
23
6
5
5
5
6
7
7
7
7
2
..
747
743
778
760
776
789
763
754
775
786
803
811
3,824
3,834
3,833
3,847
3,862
3,873
3,873
3,883
3,885
3,895
3,915
3,921
1
.
United States Treasurer's time deposits, open account, are combined with postal savings (time) deposits.
in
109
108
106
117
117
115
114
115
114
113
111
114
112
no
109
7
7
7
7
7
3
2
1
1
2
1
1
4
2
164
BANKING AND MONETARY STATISTICS
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1141
[Friday figures through April 1921; Wednesday figures thereafter. In millions of dollars]
Investments
Loans
Total
loans
and
invest
ments
Date TO month
1919
Total
On
securities
All
other
Reserves Cash
U.S.
in
Govern- Other with
ment secu- Federal vault
Total direct rities Reserve
Bank
obligations
Borrow,
InterBalances Net
U.S.
ings
at
with demand Time Govern- bank
iomestic deposits deposits ment deposits Federal
Reserve
deposits
hanks
Bank
5,327
5,277
5,352
5,259
5,282
3,902
3,855
3,845
3,779
3,807
1,425
1,422
1,507
1,480
1.475
907
910
987
969
962
518
513
520
511
513
635
626
635
613
627
121
120
111
108
103
4,339
4,311
4,323
4,272
4,234
195
196
206
•196
203
229
232
358
225
344
602
541
472
550
462
Feb. 7
Feb. 14
Feb. 21
Feb. 28
5,244
5,346
5,191
5,377
3,810
3,779
3,671
3,714
1,434
1,567
1,520
1,664
925
1,047
1,016
1,141
509
520
504
523
584
596
579
597
104
107
104
101
4,120
4,146
4,185
4,224
200
201
200
198
288
307
248
300
556
651
624
646
Mar
Mar.
Mar
Mar.
7
14
21
28
5,306
5,425
5,349
5,285
3,671
3,671
3,715
3,709
1,635
1,753
1,634
1,576
1,120
1,225
,114
,062
516
528
520
513
604
630
610
591
103
104
105
106
4,222
4,339
4,314
4,294
200
204
206
211
233
287
284
247
663
646
539
540
Apr.
Apr.
Apr.
Apr.
4
11
18...
25
5,226
5,414
5,356
5,330
3,678
3,691
3,663
3,649
1,547
1,723
1,693
1,681
,040
,197
,173
,163
507
527
521
518
618
603
626
621
104
106
105
107
4,358
4,277
4,337
4,351
212
211
216
217
186
387
318
271
480
552
514
470
. . 5,468
5,447
„-._ 5,459
5,441
__ 5,442
3,659
3,674
3,707
3,865
3.889
1,809
1,772
1,752
1,576
1,553
1,277
1,242
1,220
1,047
1.023
532
530
531
529
529
609
623
637
647
626
103
108
106
111
104
4,406
4,455
4,477
4.547
4,590
222
224
214
227
224
350
223
162
142
99
533
598
662
576
572
June 6
June 13 „
June 20
June 27
5,668
5,689
5,477
5,454
4,108
4,180
4,181
4,220
1,560
1,509
1.296
1.234
1,007
954
763
703
553
555
533
531
632
596
616
651
no
112
111
107
4,543
4,587
4.459
4.465
220
218
219
222
431
388
378
390
520
503
466
455
July 3
July 11
July 18
July 25.,
5,552
5,610
5,515
5,422
4,232
4,278
4,217
4,173
1,321
1,332
1,298
1.249
780
785
761
722
541
547
537
527
591
630
624
612
106
118
113
110
4.495
4.510
4,557
4,448
233
234
240
257
275
242
157
135
573
645
584
577
5,573
5,523
5,596
5,599
5,532
4,196
4,169
4,178
4,203
4,158
1,377
1,354
1,418
1,396
1,374
834
816
873
850
835
543
538
545
546
539
663
647
648
578
622
103
108
107
4,564
4,500
4,531
4,467
4,488
260
271
268
262
271
239
232
305
247
223
560
560
528
530
558
5,662
5,636
5,855
5,841
4,204
4,256
4,335
4,374
1,458
1,380
1,520
1,467
906
830
948
896
552
550
572
571
630
663
563
617
112
111
no
in
4,545
4,728
4,683
4,581
271
275
318
325
275
197
434
417 „ _ „ . _ _ _
581
520
397
525
5,928
6,010
5,961
5,896
5,956
4,479
4,558
4,545
4 489
4,551
1,449
1,451
1,416
1,407
.„-,-- 1,405
870
863
833
831
822
580
588
583
576
582
649
654
653
652
669
107
113
109
114
105
4,684
4,678
4,680
4,701
4,765
330
339
344
347
344
391
380
293
265
211
600
656
669
640
687
5,892
5,788
5,690
5,686
4,543
4,454
4,374
4,393
1,349
1,333
1,317
1,293
773
768
762
738-
576
565
555
555
721
660
652
683
116
113
117
116
4,705
4,699
4,673
4,685
349
352
345
336
195
156
116
85
769
680
654
716
5,615
5,657
5,719
5,765
4,351
4,424
4,485
4,565
2,457
2,495
2,547
2,608
1,264
1,232
1,234
1,200
717
681
676
637
547
552
558
563
655
638
593
614
120
119
122
130
4,578
4,659
4,625
4,590
305
310
314
308
163
108
271
239
657
678
514
676
5,299
5,290
5,341
5,331
5,451
5,572
5,525
5,565
5,749
5,950
5,764
5,689
3,837
3,743
3,692
3,670
3,759
4,173
4,225
4,181
4,292
4,525
4,441
4,457
2,527
1,462
1,546
1,650
1,661
1,692
1,400
1,300
1,384
1,456
1.426
1,323
1.232
947
1,032
1,130
1,143
1,162
857
762
842
895
844
760
677
515
514
519
518
530
543
538
542
561
582
563
555
627
589
609
617
628
624
614
632
618
656
679
625
112
104
104
106
107
110
112 _ _ _ _ _ _ _ _
107
111
110
116
123
4,296
4,169
4,292
4.331
4,495
4,513
4,502
4,510
4,634
4,702
4,691
4,613
199
200
205
214
222
220
241
266
297
341
345
309
278
286
262
291
195
397
202
249
331
308
138
195
525
619
597
504
583
486
595
547
506
651
705
639
Jan. 3
Jan. 10
Jan. 17
Jan. 24
Jan. 31
_
May 2
May 9
May 16
May 23
May 29
_
Aug. 1
Aug. 8
Aug. 15
Aug. 22
Aug. 29
Sept. 5 ..
Sept. 12
Sept. 19
Sept. 26
„.
-,
Oct. 3
Oct. 10
Get 17
Oct 24
Get. 31
Nov.
Nov.
Nov.
Nov
7
14
21
28
Dee.
Dec.
Dec
Dec
5 •
12
19
26
__
_
Monthly averages:
January
February
March
__
April
.. .
May
June
July
August
September
_„_
October
November
„
December.! _..„
-
-
1,895
1,929
1,938
1,957
1
1,930
no
106
REPORTING MEMBER BANKS
165
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Friday figures through April 1921; Wednesday figures thereafter.
In millions of dollars]
In vestmem s
Loans
Total
On
securities
All
other
ReBorrowInterU.S.
ings
serves Cash Balances Net
U.S.
in
at
with demand Time jiovern- bank
Govern- Other with
ment secu- Federal vault domestic deposits deposits inent deposits Federal
deposits
Reserve
banks
Total direct rities leserve
Bank
Bank
obligations
5,849
5 846
5,833
5.769
6,739
4,579
4 564
4,607
4,588
4,578
2,018
1 979
1,971
1.948
1,904
2,562
2 585
2,636
2,640
2,674
1,270
1 282
1,226
1,181
1,160
699
712
657
619
601
570
570
569
562
559
669
609
661
629
634
124
126
114
113
108
4,765
4,670
4,766
4,661
4,665
312
305
319
319
302
324
320
207
167
150
699
653
680
699
705
Feb. 6
Feb. 13
Feb.TZO.™
Feb. 27
5,669
5,651
5,554
5,581
4,503
4,506
4,420
4,458
1,840
1 766
1,719
1 730
2,663
2 739
2,701
2 727
1,165
1 145
1.134
1 124
613
595
594
581
552
550
540
543
640
626
608
628
110
115
111
112
4,663
4 647
4,554
4,567
305
298
296
295
97
71
28
19
698
743
756
784
Mar.
Mar.
Mar.
Mar.
5
12
19
26
5,576
5,628
5,585
5,606
4,482
4,532
4,524
4,546
1,731
1 726
1,709
1 724
2,751
2 806
2,815
2 822
1,095
1 096
1,061
1 060
552
549
518
515
542
548
543
545
606
635
602
635
112
112
109
108
4,606
4 670
4,670
4,644
294
296
302
303
19
19
46
22
761
761
640
733
Apr.
Apr.
Apr.
Apr.
Apr
2—.
9
16,—:
23
30
5,656
5,627
5,724
5.623
5 653
4,544
4 520
4,524
4,483
4 521
1,715
1 695
1,725
1 684
1 705
2
2
2
2
2
829
825
799
799
816
1 112
1 107
1,200
1 140
1 132
562
559
643
592
582
551
548
558
547
550
642
626
647
647
650
104
109
105
107
101
145
143
158
138
145
4,769
4 719
4,792
4 680
4 727
300
301
299
301
301
81
71
126
106
90
1,081
1,081
1,067
1,006
1 053
619
630
635
651
663
May
May
May
May
7
14
21
28
5 626
5 661
5,635
5 662
4 493
4 524
4,485
4 522
1
1
1
1
667
666
668
670
2
2
2
2
826
858
817
852
1 133
1 137
1 150
1 140
586
586
602
589
547
551
548
551
612
649
627
657
110
107
109
107
127
132
135
128
4
4
4
4
652
745
754
837
302
301
301
300
90
36
59
34
1,046
1 001
1,024
656
682
607
610
June 4
June 11
June 18
June 25
5 652
5,650
5 693
5,694
4 522
4,536
4 574
4,582
1 662
1 651
1 645
1 650
2
2
2
2
859
886
928
933
1 130
1 114
1 119
1 111
580
564
565
557
550
550
554
554
649
662
618
643
112
109
107
107
122
114
126
113
4 772
4 770
4 761
4,705
300
299
306
304
22
22
126
126
1 020
659
661
550
612
July 2
July 9
July 16
July 23
July 30
5 683
5,664
5 684
5,684
5,653
4 592
4,591
4 558
4,567
4,558
1 653
1 618
1 589
1 586
1 576
2 938
2 973
2 969
2*981
2 982
1 092
1*072
1 126
1 117
1 095
538
521
573
564
545
553
551
553
553
550
674
633
647
611
606
102
116
107
105
103
132
131
135
120
119
4 770
4 719
4 726
4,654
4 665
302
301
300
302
302
51
20
78
81
66
1 064
1,060
1 030
991
960
689
705
686
684
684
Aug.
Aug.
Aug.
Aug.
5,608
5,618
5,621
5,674
4,540
4,553
4,540
4,595
1 536
1 516
1 527
1 557
3
3
3
3
003
036
013
038
1 068
1 065
1 081
1 079
523
519
534
527
546
547
547
552
615
625
601
617
105
102
98
101
110
114
109
114
4 603
4 579
4,528
4 521
300
308
306
322
42
38
68
56
963
935
944
920
722
781
767
814
Sept 3
Sept. 10 .
Sept. 17
Sept. 24
5 658
5,628
5 738
5,749
4 582
4,622
4 646
4 677
1 549
1 553
1 547
1 567
3 033
3 069
3 099
3 111
1 076
1 007
1 092
1 072
525
459
533
512
551
548
559
560
619
619
626
614
101
108
105
102
123
122
141
129
4
4
4
4
491
524
629
528
331
331
340
334
27
13
200
189
944
938
975
942
866
827
672
749
Oct.
Oct.
Oct.
Oct.
Oct.
5.753
5,796
5,830
5,738
5 681
4,724
4,759
4,779
4 709
4 667
1 611
1 603
1 649
1 585
1 617
3 113*
3 156
3 130
3 124
3 050
1 029
1 037
1 051
1 029
1 013
468
472
483
470
460
561
565
568
559
553
582
629
641
568
604
96
107
108
106
103
122
113
126
112
102
4
4
4
4
4
525
527
648
513
506
329
324
335
336
318
169
152
87
70
29
1,062
977
978
942
902
751
846
848
856
882
5,611
5,575
5,542
5,529
4,608
4,577
4,510
4,523
1 558
1 523
1 486
1 521
3 049
3 054
3 025
3 002
1 004
458
455
493
468
546
542
539
537
580
613
589
562
110
111
110
116
108
105
109
112
4 436
4 427
4,393
4 400
318
315
312
310
16
8
73
37
895
889
884
907
890
882
806
803
4,515
4 525
4 544
4,529
4,581
1 534
1 535
1 561
1 570
1 635
2
2
2
2
2
981
989
983
959
945
980
961
i-_
5,496
5.485
5 B08
5,558
5,615
1 064
1 028
1 034
446
428
518
488
488
534
533
546
540
546
592
586
581
595
605
110
112
109
109
101
101
100
110
113
120
4
4
4
4
4
353
383
405
352
505
305
292
280
283
298
7
7
198
168
127
870
851
909
891
998
865
823
753
811
766
Monthly averages:
January.. _
February. _
March . _.
April....,
..
May
June
July
August, . L
September
October
November
December
5,807
5,614
5,599
5,657
5,646
5 672
5,674
5,630
5,693
5 759
5,564
5,552
4,583
4,472
4,521
4,519
4 506
4 554
4,573
4,557
4 632
4 728
4,555
4.539
1,964
1 764
1 722
1,705
1 668
1 652
1 605
1 534
J 554
1 613
1 522
1,567
2,619
2 708
2 798
2,814
2 838
2 901
2 969
3 023
3 078
3 115
3 033
2,972
1,224
1 142
1 078
1,138
1 140
1 118
1 100
1 073
1 061
1 032
1 010
1,014
658
596
533
588
591
566
548
526
507
470
469
474
566
546
545
551
550
552
552
548
554
561
541
540
640
625
619
642
636
643
634
614
619
605
586
592
117
112
110
105
109
109
107
101
104
104
112
108
4,706
4,608
4 647
146 * 4,737
4 747
131
4 752
119
127
4 707
112
4 558
129
4 543
115 * 4 544
4 414
109
109
4,400
311
298
299
300
301
302
301
309
334
328
314
292
234
54
26
95
55
74
59
51
107
101
33
101
Total
loans
and
investments
Date or month
Jan, 2
Jan. 9
Jan. 16
Jan. 23
Jan. 30
1920
6
13
20
27.
1_
8
15
22
29
Nov.
Nov.
Nov.
Nov.
5
12
19
26
Dec.
Dec.
Dec.
Dec.
Dec.
3 . .
10
17
24
31
,
998
1,032
1 006
994
981
1 025
986
1,058
1 016
1 003
1,021
941
950
972
894
904
687
745
724
640
638
621
690
771
778
837
845
803
166
BANKING AND MONETARY STATISTICS
NO. 4i-~WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, UlMMI-Continued
[Friday figures through April 1921; Wednesday figures thereafter. In millions of dollars]
Loans
Total
loans
and
investments
Date or month
Investments
All
other
ReBorrowserves Gash Balances Net
U.S.
U.S..
Interings
Govern- Other with
with demand Time Govern- bank
in
at
ment secu- Federal vault domestic deposits deposits ment deposits Federal
Total direct rities Reserve
deposits
hanks
Reserve
obligaBank
Bank
tions
Total
On
securities
5,523
5,434
5,449
5,377
4,521
4,451
4,445
4.392
1.574
1.515
1,516
1,479
2,947 1,002
983
2,936
2,929 1,004
984
2,914
464
457
475
460
539
526
529
524
588
572
582
570
112
103
95
95
117
106
94
95
4,453
4,406
4,307
4,210
309
313
292
278
56
38
105
71
1,012
978
946
882
788
719
794
826
Feb. 4
Feb. 11
Feb. 18
Feb. 25
5,387
5,314
5,286
5,289
4,422
4.359
4.315
4,318
1,483
1,463
1,446
1,461
2,939
2,896
2.870
2.856
965
955
970
971
446
442
450
453
519
513
521
517
569
554
558
558
93
89
91
91
99
98
101
102
4,213
4,165
4.167
4.139
276
279
266
269
51
31
63
53
865
842
864
865
861
833
791
800
Mar. 4
Mar, 11
Mar. 181
Mar, 25
5.283
6,223
5,260
5,176
4,341
4,269
4,220
4.183
1,470
1,433
1,407
1.392
2,871
2.836
2,813
2,791
041
954
1,040
994
434
428
506
468
507
526
534
526
548
575
539
540
93
94
92
92
98
91
100
90
4,158
4,134
4.103
4.064
278
276
298
297
39
17
174
165
844
828
848
795
758
789
651
605
Apr.
Apr.
Apr.
Apr.
Apr.
5,156
5,119
5,105
.041
,020
4,170
4,148
4,103
4,060
4.029
1,411
1,407
1,382
1,375
1,381
2,759
2,741
2,722
2,685
2,648
986
971
1,002
981
991
456
449
470
451
445
530
522
531
529
545
563
534
559
541
547
87
93
93
93
100
101
92
104
89
95
4,179
4,086
4,118
5,056
4,062
290
298
290
297
300
165
157
163
119
119
863
832
846
810
787
533
560
552
542
508
,024
.966
.919
.891
4,045
4,009
3,963
3,940
,408
,387
,388
.391
2,637
2,622
2,576
2,549
979
957
956
951
437
437
434
426
542
520
521
526
552
547
530
554
98
99
95
98
89
95
147
150
4,134
4,102
4,028
4,087
293
293
386
377
99
76
108
59
827
828
806
802
514
547
394
405
June 22
June 29
,893
,807
,928
,902
,910
3,940
3.853
3.840
3.834
3.844
,423
,360
,364
,340
,349
2,517
2,493
2,475
2,495
2.495
953
954
1,089
1,068
1,065
417
412
555
542
540
536
542
534
526
526
561
581
681
568
565
93
101
94
95
95
133
139
142
139
136
4.217
4.162
4,248
4,089
4,160
282
280
285
262
270
32
11
260
251
208
813
806
865
774
809
423
393
294
287
283
July 6
July 13
July 20
July 27
,827
,758
,706
,678
3,807
3,776
3,752
3,760
,340
.315
,327
,308
2,468
2,461
2,424
2,452
1,020
981
954
918
498
467
437
407
522
514
517
511
549
547
538
546
101
101
92
93
97
86
86
88
4,075
4,056
4.048
4,034
264
257
255
252
173
148
67
51
841
797
813
799
327
312
313
285
Aug. 3
Aug. 10
Aug. 17
Aug. 24
Aug. 31
,764
,708
,669
,652
,655
3,796
3,742
3,722
3,704
3,717
.328
.305
.285
,286
,277
2,468
2,437
2.438
2,418
2.440
968
966
946
948
938
463
460
441
436
434*
504
505
505
512
504
518
509
508
521
535
91
93
87
89
83
81
82
83
77
85
3,962
3,925
3,945
3,948
4,008
248
251
250
260
267
174
170
103
83
71
797
793
778
760
824
299
273
256
247
242
Sept. 7
Sept. 14
Sept. 21... ;
Sept. 28
,623
.665
,698
,720
3,690
3,736
3,728
3.748
,258
,309
,336
,323
2,432
2,427
2,393
2,424
933
929
970
972
425
424
475
476
508
505
495
496
544
519
514
568
88
90
87
89
82
86
91
96
3,994
4,044
3,974
4,018
269
273
277
278
59
59
238
239
773
781
764
810
257
206
130
150
Oct.
Oct.
Oct
Oct.
,785
,774
,690
,640
3.797
3.781
3,709
3,678
,365
,372
,365
,372
2,432
2,409
2,344
2,306
987
993
981
962
470
475
445
452
517
519
536
510
528
554
558
575
87
92
87
85
85
96
100
93
4,028
4,073
4,184
4.172
280
282
286
290
231
208
62
35
837
853
867
830
181
216
155
156
,676
,682
.695
,701
,749
3,662
3,671
3.674
3,656
3,698
.372
.375
,375
,368
,412
2,290 1,014
2,296 1,011
,022
2,299
,045
2,288
2.286 • ,051
507
497
507
531
541
507
513
515
514
511
562
543
549
558
572
82
94
87
91
82
101
81
100
94
87
4,172
4,149
4,187
4,177
4,248
291
293
310
309
306
102
102
80
60
47
893
863
871
823
888
119
158
103
lol
125
,730
,744
.774
,746
3,676
3,671
3,663
3,630
,384
,430
,432
,424
2,292
2,241
2,231
2,206
,054
,072
,111
,116
546
553
591
596
508
519
520
521
540
539
603
582
92
94
102
97
83
89
97
99
4,174
4,237
4,249
4.217
289
286
284
302
42
42
106
93
827
824
816
815
148
133
158
131
,446
,319
,235
,088
.950
,888
,742
,689
,676
,722
,701
,749
4,452
4,354
4,253
4,102
3,989
3,862
3,774
3,736
3,725
3,741
3,672
3,660
,521
,463
,425
,391
,393
,367
,323
,296
,306
,369
,380
1,418
2,931
2,890
2,828
2,711
2,596
2,495
2,451
2,440
2,419
2,373
2,292
2,243
993
965
982
986
961
1,026
968
953
951
981
1,029
1,088
464
448
459
454
434
493
452
447
450
461
517
571
530
518
523
532
527
533
516
506
501
520
512
517
578
560
550
549
546
591
545
518
536
554
557
566
101
91
93
93
98
96
97
88
89
88
87
96
103
100
95
96
120
139
89
81
89
93
93
92
4,344
4,171
4,115
4,100
4,088
4,175
4,053
3,957
4,008
4,114
4,187
4,219
298
273
287
295
337
276
257
255
274
285
302
290
68
50
99
145
86
152
110
120
149
134
78
71
954
859
829
828
816
813
812
790
782
847
868
821
781
821
701
539
465
336
309
263
186
177
127
143
1921
Jan.
Jan.
Jan.
Jan.
7
14
21
28
_
....
1
8
15
22
29
May4
May 11
May 18
May 25
. ..
.
..
June 1- .
June 8 .
5
11
19
26
Nov. 2
Nov. 9
Nov. 16
Nov. 23
Nov. 30
Dec.
Dec.
Dec.
Dec.
7
14
21
28
__
. ......
„
, ...
Monthly averages:
January
February
March
April
May
June
July
August
September
October
November
December
REPORTING MEMBER BANKS
167
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Date or month
Total
loans
and
investments
Total
On
securities
All
other
Total
Borrow,
ReInterU.S.
ings
serves Cash Balances Net
U.S.
at
in
with demand Time Govern- bank
govern- Other with
ment secu- Federal vault domestic deposits deposits ment deposits Federal
deposits
Reserve
banks
direct rities Reserve
Bank
Bank
obligations
1922
Jan. 4... .
Jan. 11..
Jan. 18
Jan. 25
4,802
4,779
4.763
4.704
3,674
3.630
3,598
3,622
,443
,400
,370
,305
2,231
2,230
2,229
2,217
1,128
1,149
1,165
1,182
602
626
641
645
526
523
524
537
613
605
553
553
90
01
80
78
101
88
81
80
4.350
4,329
4.252
4.212
301
306
299
302
93
87
69
62
908
895
870
870
125
97
84
62
Feb. 1
Feb. 8
Feb. 15
Feb. 21
4,799
4,760
4,765
4,648
3,560
3,537
3,551
3,481
,355
,330
,340
,309
2,205
2,208
2,210
2,172
1,239
1,222
1,214
1,167
704
696
688
657
535
526
525
510
562
585
587
551
74
79
76
77
85
69
91
76
4.247
4,169
4,201
4,139
304
306
321
330
151
154
153
98
952
854
916
848
59
96
84
43
Mar.
Mar.
Mar.
Mar.
Mar.
4.643
4,627
4,706
4,743
4,719
3,529
3,503
3,561
3,569
3,541
,338
,310
,349
,360
,354
2,191
2,194
2,213
2,209
2,187
1,114
1,123
1,145
1,175
1,177
623
640
653
670
675
491
483
491
504
503
571
578
654
535
582
74
78
74
76
77
89
73
80
76
81
4.191
4,172
4,311
4,183
4,224
312
330
337
345
348
92
92
96
83
76
940
902
950
883
880
33
14
12
20
23
Apr. 5
Apr. 12
Apr. 19
Apr. 26
4,768
4,736
4,806
4,821
3,580
3,536
3,550
3,562
,390
,337
,423
,432
2,191
2,199
2,127
2,130
1,188
1,200
1,256
1,259
675
683
718
725
513
517
538
534
577
595
599
595
78
78
76
77
76
79
77
77
4.289
4.308
4,371
4,383
346
353
376
379
61
55
88
74
917
915
935
926
42
23
21
8
May3.
May 10.
May 17
May 24.
May 31
4,858
4,886
4,945
4,971
5,000
3,553
3.563
3,599
3,603
3,591
,452
,469
,554
,559
.586
2,100
2,094
2,045
2,044
2,004
1.305
1,323
1,347
1,369
1,409
742
758
760
786
801
564
565
587
582
608
600
629
633
645
614
76
77
74
76
75
76
71
74
69
73
4,415
4,438
4,525
4,538
4,600
383
426
401
401
394
67
64
50
45
45
944
953
969
955
1.020
29
9
June 7 _
June 14
June 21
June 28
5,041
5,116
5,171
5,073
3,586
3,627
3,653
3,535
.587
,600
,635
,552
1,999
2,027
2,018
1,983
1,455
1,488
1,518
1,538
839
880
908
923
615
608
610
615
637
621
614
700
78
78
75
76
70
73
81
78
4,554
4,674
4,701
4,624
442
401
420
465
91
78
57
39
978
988
969
941
8
9
7
53
July
July
July
July
5,124
5,090
5.072
5.018
3,589
3,555
3,524
3,446
,620
,582
,548
,486
1.969
1,973
1,976
1,959
1,535
1,535
1,548
1,572
924
922
944
954
611
613
604
619
616
657
647
623
80
83
74
75
75
87
79
70
4,503
4,540
4,470
4,414
547
556
561
580
39
35
31
31
1,010
1,007
969
963
77
47
72
10
Aug. 2
Aug. 9
Aug. 16
Aug. 23
Aug. 30
5,101
5,061
5,067
5,011
4,987
3.529
3.495
3.507
3,448
3,441
,537
,514
,512
.472
,476
1,992
1,981
1,995
1,976
1,965
1,572
1.566
1,560
1,563
1,545
982
983
957
972
980
590
583
603
591
565
635
582
570
593
603
73
74
70
72
72
72
69
69
67
72
4.491
4,350
4,337
4,308
4,316
571
606
618
605
607
84
71
64
64
64
985
929
924
906
908
16
13
20
28
21
Sept. 6...
Sept. 13
Sept. 20
Sept. 27
4,992
4,992
5.024
5,003
3,464
3,490
3,533
3,528
1,482
1,518
1,557
1,553
1,982
1.972
1,976
1,975
1,528
1,502
1,491
1,475
969
959
955
926
559
543
535
550
589
578
545
581
75
76
74
74
70
71
70
74
4,305
4,353
4,347
4,357
601
559
558
552
64
58
46
47
923
943
926
897
28
20
26
24
Oct. 4
Oct. 11.
Oct. 18
Oct. 25
5.028
4.999
5.154
5.078
3,545
3,531
3,646
3,588
1,558
1,524
1,637
1,618
1,987
2,007
2,009
1,970
1,483
1,468
1,508
1.489
931
916
957
942
552
553
551
547
593
655
667
577
73
81
75
74
79
79
81
82
4,386
4,385
4,474
4,361
557
542
542
545
40
32
112
104
979
971
1*014
933
34
122
75
57
Nov. 1. .
Nov. 8
Nov. 15
Nov. 22.. .
Nov. 29
5,107
5,062
5,035
4.988
5,011
3,616
3,593
3,557
3,527
3,549
1,655
1,605
1,589
1,562
1,596
1,961
1,988
1,967
1,965
1,953
1,490
1,469
1,478
1,461
1,463
941
939
940
932
941
550
530
539
528
522
613
575
595
605
570
71
80
74
75
76
88
82
85
88
84
4,370
4.310
4,299
4,289
4,347
558
557
554
558
543
85
82
74
66
66
945
922
941
893
959
126
143
147
113
81
Dec. 6
Dec. 13
Dec. 20..
Dec. 27.
4,991
4,989
5,166
5,190
3,544
3,548
3,583
3,613
,583
,552
,587
,630
1,961
1,996
1,996
1.983
1,446
1,442
1,583
1,577
932
920
1,056
1.055
515
521
527
522
594
564
588
591
77
82
90
98
78
75
76
82
4,256
4,279
4,361
4,403
549
547
528
530
63
63
261
236
874
876
920
910
158
125
86
82
Monthly averages:
January
February
March
April
May
June
.
JulyAugust
September..
October
November
December...
4.762
4,743
4,688
4,783
4,932
5,100
5.076
5,045
5.003
5,065
5,041
5,084
3,606
3,532
3,541
3,557
3,582
3,600
3,528
3,484
3,504
3,577
3,568
3,572
,379
,334
,342
,395
,524
,593
,559
,502
,528
,584
,601
,588
2,227
2,199
2,199
2,162
2,057
2,007
,969
.982
,976
,993
,967
,984
1,156
1,211
1,147
1,226
1,351
1.500
1,547
1,561
1.499
1,487
1,472
1,512
628
686
652
700
769
888
936
975
952
937
938
991
528
524
494
525
581
612
611
586
547
551
534
521
581
571
584
591
624
643
636
596
573
623
592
584
85
76
76
77
76
76
78
72
75
76
75
87
87
80
80
78
73
75
78
70
71
80
85
78
4,286
4,189
4,216
4.338
4,503
4,638
4,482
4.360
4,341
4,401
4,323
4,325
302
315
334
364
401
432
561
602
567
547
554
539
78
139
88
70
54
67
34
70
54
72
75
156
886
893
911
923
968
969
987
930
922
974
932
895
92
71
21
23
15
19
52
20
24
72
122
113
1
8
15..
22
29
5—
12...
19
26...
.
23
6
BANKING AND MONETARY STATISTICS
168
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Loans
Investments
All
other
BorrowReU.S. Interings
U.S.
serves Cash Balances Net
demand Time Govern bank
at
with
in
with
Govern- Other
ment secu- Federal vault domestic deposits deposits ment deposits Federal
deposits
Reserve
banks
Total direct rities Reserve
Bank
obligaBank
tions
1,781
1,634
1,634
1,574
1,588
2,002
2,016
2,004
1.988
2,014
1,568
1,560
1,618
1,608
1,604
1,036
1,036
1,097
1,091
1,073
532
524
521
518
530
617
651
592
610
608
76
78
72
70
67
88
82
79
76
75
4,534
4,508
4,475
4,462
4.439
532
525
516
493
494
175
94
122
71
57
3,572
3,611
3,632
3,700
1,538
1,570
1,611
1,642
2,034
2.041
2,020
2,058
1,579
1,562
I t 527
It 496
1,069
1,054
1,029
992
510
508
498
504
606
633
595
598
69
69
73
66
73
80
78
77
4,447
4,466
4,435
4,470
483
480
505
509
5,164
5,145
5,194
5,188
3,648
3,676
3,706
3,706
1,540
1,519
1,569
1,561
2,108
2,157
2,137
2,145
1,516
1,470
1.488
1,482
1,011
986
1,009
1,003
504
484
479
479
568
603
570
589
67
67
66
68
72
76
74
79
4,319
4,334
4,237
4,186
5,257
5,184
5,130
5,116
3,783
3,714
3,680
3,684
1,621
1,543
1,546
1,559
2,162
2,172
2,134
2,125
1,474
1,470
1,449
1,432
996
990
974
959
478
480
475
473
571
578
605
565
69
70
65
66
78
76
78
75
5,184
5,116
5,140
5,137
5,109
3,777
3,707
3,692
3,692
3,665
1,642
1,572
1,549
1,551
1,548
2,135
2,135
2,143
2,141
2,117
1,407
1,410
1,448
1,445
1,444
930
944
978
976
973
476
466
470
468
471
593
578
606
589
560
65
70
64
66
67
June 6
June 13-_ = _--...
June 20
June 27
5,091
5,094
5,061
5,108
3,639
3,645
3,612
3,648
1,546
1,541
1,497
1,538
2,093
2,104
2,115
2,111
1,452
1,449
1,449
1,460
981
980
979
978
471
469
470
482
586
589
584
588
July 3 _ _ _ .. _ _ _ _ _ _ „ _ _
July 11
July 18..
July 25
. „
5,188
5,131
5,062
5,009
3,727
3,672
3,606
3,559
1,606
1,550
1.487
1,463
2,121
2,122
2,119
2,096
1,462
1,459
1,456
1.450
980
977
958
954
482
482
498
496
Aug. 1..... _.„_,„
Aug. 8
Aug. 15..
......
Aug. 22
Aug. 29............
5,003
4,929
4,936
4,895
4,927
3,571
3.504
3,515
3,495
3,543
1,448
1,374
1,367
1,339
1,385
2,123
2,130
2,148
2,156
2,158
1,432
1.425
1,421
1,400
1,384
943
933
931
917
908
Sept. 5
Sept. 12........
Sept. 19
Sept. 26. -.._..._...
4,951
4,953
5,000
4,985
3,568
3,577
3,610
3.600
1,394
1,380
1,414
1,420
2,174
2,197
2,196
2,180
1,383
1,376
1,390
1,385
Oct. 3
Oct. 10....
Oct. 17. .
Oct 24
Oct. 31
5,044
4,986
4,908
4,986
5,028
3,672
3,606
3,611
3,586
3,604
1,472
1,383
1,386
1,386
1,405
2,201
2,223
2,225
2,200
2,199
Total
loans
and
investments
..
Feb.
Feb.
Feb.
Feb.
7.
14
21
28
Mar.
Mar.
Mar.
Mar.
7
14.
.
21
28........
Apr,
Apr.
Apr.
Apr.
4
11
18
25..
May 2
May 9
May 16
May 23
May 29
.
.„ „
..
.
«. ,
.....
On
securities
3,782
3,650
3,638
3,562
3,602
5,151
5,173
5,159
5,196
1923
Jan. 3
Jan. 10
Jan. 17
Jan. 24
Jan. 31_,
Total
5,350
5,209
5,256
5,170
5,206
Date or month
1,009
1,047
1,013
941
966 !
128
123
140
167
198
52
44
39
39
937
928
921
1,059
168
234
178
161
571
594
625
626
39
39
141
141
985
970
945
930
149
152
110
166
4,258
4,230
4,220
4,182
634
627
636
647
141
141
126
112
980
944
935
909
151
127
116
07
79
73
80
77
80
4,250
4,154
4,202
4,217
4,186
657
650
637
643
650
106
101
152
99
61
939
901
906
872
864
149
142
04
101
107
68
67
64
66
72
75
71
74
4,184
4,240
4,193
4,227
643
634
632
631
49
49
76
76
863
865
852
853
136
118
79
62
610
f99
579
543
70
73
65
65
91
79
70
72
4,281
4,277
4,207
4,154
630
632
629
613
66
50 [
43
40
944
955
893
865
188
157
123
102
489
492
491
482
479
602
574
548
542
555
62
74
64
65
65
77
65
84
65
69
4,155
4,064
4,076
4,023
4,037
618
605
603
607
618
40
40
35
35
31
967
880
876
841
833
144
164
138
112
118
899
895
905
905
485
481
485
480
558
564
548
573
66
68
66
65
72
69
72
70
4,070
4,099
4,164
4,104
618
618
621
821
27
24 j
54
54
890
852
881
855
150
141
76
133
1,371
1,380
1,387
1,400
1,424
902
905
906
914
916
469
475
481
485
509
579
580
581
552
600
66
73
65
66
66
74
68
76
75
79
4,192
4,160
4,228
4.1SS
4,259
610
607
618
620
612
47 ;
54
28
23
21
936
843
897
863
955
137
138
104
98
130
Nov.
Nov.
Nov.
Nov.
7...
14
21
28
4,968
4,994
4,946
4,950
3,562
3,586
3,560
3,565
1,382
1,401
1,421
1.425
2,181
2,184
2,138
2,141
1,405
1,409
1,387
1,385
919
922
894
895
486
487
493
490
556
576
583
582
74
69
68
73
84
81
73
74
4,211
4,287
4,265
4,263
606
601
594
601
21
16
12
11 ;
918
935
898
8SO
104
88
50
56
Dec.
Deo.
Dec.
Dee.
5
12
19_............
26.. _„ ......
4,958
4,968
5,021
5,026
3,579
3,572
3,610
3,617
1,432
1,439
1,497
1,526
2,147
2,133
2,113
2,091
1,380
1,396
1,411
1,409
894
910
913
916
485
486
498
404
565
598
552
585
71
75
71
84
71
75
77
76
4,220
4,267
4,237
4,213
605
614
607
609
9
7
54
50
930
949
933
918
55
74
54
123
Monthly averages:
January
February
_„_..,
March
April
May
June.._,_ ,,„ „,.
July , ..
„__
August
September
October
November. . „ _ _ ,
December, _ . „ _ . _ »
5,238
5,170
5,173
5,172
5,137
5,088
5,098
4,938
4,972
5,008
4,965
4,994
3,647
3,628
3,684
3,715
3,707
3,636
3,641
3.526
3,589
3,616
3,568
3,595-
1,642
1,590
1,547
1,567
1,573
1,531
1,526
1,383
1,402
1,406
1,407
1,473
2,005
2,038
2,137
2,148
2,134
2,105
2,115
2,143
2,187
2,210
2,161
2,121
1,592
1,541
1,489
1,456
1,431
1,452
1,457
1,412
1,384
1,393
1,396
1,399
1,067
1,036
1,002
980
960
980
967
926
901
909
907
908
525
505
487
476
470
473
489
486
483
484
489
491
616
608
582
580
585
587
583
564
561
578
574
575
73
69
67
67
66
66
68
66
66
67
71
75
80
77
75
76
78
73
78
72
512
494
604
636 [
647
635
626
610
619
613
600
609
104
43
90
130
104
62
50
38 !
40 :
35
15 '
30
995
961
958
042
896
858
914
151
183
144
123
119
106
143
135
125
121
76
77
4,484
4,455
4,269
4,223 |
4,202
4,211
4,230
4,071
71 i 4,109
74
4,205
78 :: 4,257
4,234
75
m
sea
§99
908
933
REPORTING MEMBER BANKS
169
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Contini/
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
loans
and
investments
Total
On
securities
5,157
5,081
5,042
5,040
5,066
3,733
3,660
3,636
3,628
3,664
1,663
1,574
1,530
1,530
1,520
2,069
2,086
2,106
2,098
2,144
1,424
1,421
1,406
1,412
1,402
911
914
912
901
893
513
507
494
511
508
639
592
618
620
601
72
72
64
64
64
99
- 80
81
76
74
4,407
4,334
4,332
4,288
4,337
619
612
617
619
583
44
42
38
38
38
1,069
991
1,010
992
982
150
70
65
80
59
5,115
5,099
5,094
5,051
3,698
3,688
3,685
3,643
1,532
1,502
1,513
1,469
2,166
2,186
2,172
2,175
1,417
1,411
1,409
1.408
917
902
893
889
500
509
517
519
578
574
581
616
64
68
69
67
72
83
73
69
4,362
4,324
4,330
4,300
586
590
610
605
38
34
34
34
1,005
962
965
954
65
123
65
71
5,061
5,110
5,197
5,183.
3,690
3,726
3,818
3,784
1,463
' 1,484
1,550
1,506
2,227
2,243
2,268
2,278
1,370
1,384
1,379
1,399
845
868
858
873
525
516
521
526
584
620
662
603
65
64
63
63
70
71
81
68
4,298
4,371
4,492
4,329
608
608
616
643
34
34
61
59
991
974
1,081
964
36
53
7
50
5,215
5,159
5,175
5,191
. 5,232
3,799
3,737
3,729
3,744
3,806
1,540
1,474
1,482
1,495
1,570
2,259
2,263
2,247
2,249
2,236
1,416
1,423
1,446
1,447
1,426
878
538
543
879
886 , 560
886
561
839
587
615
626
611
617
636
61
65
63
64
61
77
70
81
74
76
4,365
4,302
4,369
4,405
4,514
641
643
650
659
659
59
59
55
50
50
983
972
971
948
1,093
66
94
41
20
4
7
14
21
28
5,220
5,263
5,244
5,262
3,741
3,730
3,733
3,727
1,525
1,504
1,525
1,501
2,216
2,226
2,209
2,226
1,479
1,533
1,511
1,536
879
890
889
897
600
643
622
639
617
612
622
635
65
64
63
69
70
76
84
79
4,417
4,482
4,471
4,500
654
654
655
658
50
45
29
22
June 4
June 11
June 18
June 25
5,351
5,464
5,506
5,605
3,743
3,881
3,907
3,974
1,546
1,636
1,695
1,727
2,198
2,245
2,213
2,247
1,608
1,582
1,599
1,631
903
896
913
925
705
686
685
706
637
692
742
689
66
66
62
64
77
84
79
83
4,632
4,771
4,865
4,853
643
644
664
680
22
20
24
24
1,030
1,087
1,174
1,132
4
5
8
8
July 2
July 9
July 16
July 23
July 30
5,622
5,609
5,640
5,667
5,718
3,977
3,979
3,999
4,015
4,045
1,770
1,732
1,786
1,803
1,832
2,207
2,247
2,213
2,212
2,213
1,645
1,630
1,641
1,652
1,673
939
923
930
956
953
705
707
711
696
720
646
676
720
713
710
71
69
64
63
73
77
81
95
93
93
4,855
4,891
4,953
4,970
5,016
662
667
693
702
700
24
20
17
17
17
1,180
1,182
1,237
1,209
1,216
38
7
12
5
6
Aug.
Aug.
Aug.
Aug.
5,766
5,786
5,836
5,802
4,105
4,096
4,121
4,075
1,791
1,837
1,866
1,826
2,314
2,259
2,255
2,249
1.661
1,690
1,715
1,727
940
963
970
977
722
728
745
750
712
736
687
708
64
64
62
61
94
91
85
83
5,057
5,074
5,058
5,055
712
726
721
712
17
17
17
17
1,267
1,293
1,185
1,162
7
7
7
9
Sept. 3
Sept. 10
Sept. 17
Sept. 24
5,822
5,788
5,890
6,003
4,076
4,041
4,116
4,209
1,892
1,813
1,862
1,902
2,184
2,228
2,255
2,307
1,745
1,747
1,773
1,794
1,006
1,006
1,031
1,054
740
741
743
740
715
703
830
693
64
67
64
65
88
83
101
89
5,072
5,062
5,228
5,136
709
709
747
775
14
11
38
38
1,183
1,203
1,324
1,241
53
13
14
10
Oct.
Oct.
Oct.
Oct.
Oct.
6,126
6,021
6,013
6,079
6,017
1,960
4,286
4,176 j 1,857
1,832
4,161
4,211 , 1,915
4,096
1,786
2,325
2,319
2,329
2,297
2,311
1,840
1,845
1,852
1,867
1,921
1,052
1,060
1,058
1,076
1,090
788
785
794
791
830
730
759
726
723
728
62
70
70
67
68
101
83
96
95
87
5,298
5,190
5,226
5,295
5,178
776
775
786
787
813
38
38
39
38
38
1,325
1,242
1,258
1,243
1,183
26
50
44
8
12
Date or month
Jan. 2
Jan. 9
Jan 16
Jan. 23
Jan. 30
1924
Feb. 6.
Feb. 13
Feb. 20
Feb. 27
Mar.
Mar.
Mar.
Mar.
5
12
19
26
.._.
__
Apr. 2
Apr. 9
Apr. 16
Apr. 23
Apr. 30
May
May
May
May
6
13
20. . .. _.„
27
1
8
15
22
29
_
All '
other
Total
ReBorrowU.S.
' serves Cash Balances Net
U.S.
Interings
Govern- Other with
with demand Time Govern- bank
in
at
ment secu- Federal vault domestic deposits deposits ment deposits Federal
direct rities Reserve
banks
deposits
Reserve
obligaBank
Bank
tions
977
982
958
942'
31
20
18
18
Nov.
Nov.
Nov.
Nov.
5
12
19
26
_.
6,033
6,107
6,122
6,126
1,835
4,108
4,210
1,899
4,187
1,891
4,198 1 1,920
2,273
2,311
2,297
2,278
1,925
1,897
1,935
1,928
1,085
1,056
1,091
1,096
840
842
844
832
671
711
722
707
74
72
69
76
90
94
87
92
5,167
5,351
5,307
5,314
803
805
845
847
38
32
27
27
1,272
1,215
1,204
1,175
21
7
28
5
Dec.
Dec.
Dec.
Dec.
Dec.
3
10
17
24
31
„
6,132
6,129
6,077
6,119
6,107
4,211
4,234
4,241
4,287
4,292
1,943
1,986
2,003
2,044
2,041
2,268
2,248
2,237
2,242
2,250
1,921
1,894
1,837
1,832
1,816
1,097
1,079
1,017
1,027
999
824
816
820
805
816
780
721
754
769
749
71
74
83
86
78
84
87
93
78
92
5,391
5,368
5,355
5,345
5,401
825
811
813
804
817
25
16
29
26
26
1,246
1,179
1,174
1,123
1,305
32
13
12
89
31
Monthly averages:
January
February
March
April
May
-_
June
.July
August
September ,
October
November
December
5,077
5,090
5,138
5,194
5,247
5,481
5,651
5,798
5,876
6,051
6,097
6,113
3,664
3,678
3,755
3,763
3,733
3,876
4,003
4,099
4,111
4,186
4,176
4,253 I
1,563
1,504
1,501
,512
,514
,651
,785
,830
,867
,870
,886
2,004
2,101
2,175
2,254
2,251
2,219
2,226
2,218
2,269
2,244
2,316
2,290
2.249
1,413
1,411
1,383
1,431
1,515
1,605
1,648
1,699
1,765
1,865
1,921
1.860
906
900
861
874
889
909
940
963
1,024
1,067
1,082
1,044
507
511
522
558
626
696
708
736
741
798
840
816
614
587
617
621
621
690
693
711
736
733
703
755
67
67
64
63
66
64
68
63
65
67
72
78
82
74
72
76
77
81
88
88
90
93
91
87
,340
,329
,372
,391
,468
,780
4,937
5,061
5,125
5,237
5,285
5.372
610
598
619
651
655
658
685
718
735
787
825
814
40
35
47
54
36
22
19
17
25
38
31
25
1,009
972
1,002
994
965
1,106
1,205
! ,227
1,238
1,250
1,217
1,206
85
81
36
45
22
6
13
8
22
28
15
35
170
BANKING AND MONETARY STATISTICS
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1!1MMl-Continued
[Wednesday figures. In millions of dollars]
In vestment s
Loans
Total
loans
and
investments
ReBorrowserves Cash Balances Net
InterU.S.
u. b.
ings
with
demand Time Grovern- bank
with
in
Govern- Other
at
ment secu- Federal vault domestic deposits deposits ment deposits Federal
banks
direct rities Reserve
deposits
Reserve
Bank
obligaBank
tions
Total
On
securities
All
other
6,176
6,122
6,089
5,975
4,355
4,289
4,273
4,229
2,063
2,009
2,011
2,011
2,292
2,281
2,262
2,218
,821
,833
,816
,746
1,024
1,044
1,041
987
797
789
775.
759
737
767
671
702
77
. 70
65
64
93
96
94
97
5,437'
5,397
5,268
5,186
801
800
805
794
25
20
20
20
1.322
1,260
,131
20
55
8
45
5,994
5,918
5,959
5,946
4,268
4,205
4,257
4.237
2,041
2,016
2.009
2,042
2,222
2,189
2,248
2,195
,731
,713
,702
,708
978
962
956
965
753
752
746
743
713
720
708
749
66
72
64
70
96
99
101
111
5,186
5,154
5,104
5,092
785
791
792
794
20
16
16
16
,182
,213
,215
,097
95
108
112
182
Mar 4
Mar. 11
Mar. 18
Mar. 25
5,961
5,945
5,921
5,870
4,285
4,232
4,216
4,171
2,060
2,005
2,034
2.019
2,224
2,227
2,182
2,153
,677
,713
,705
,699
940
960
952
937
737
753
753
762
703
737*
691
672
64
66
62
64
106
108
113
109
5,104
5,126
5,025
4.916
766
781
792
807
16
16
54
54
,147
,132
,126
.038
133
149
62
90
Apr. 1
Apr. 8.
Apr. 15
Apr 22
Apr. 29
5,961
5,882
5,910
5,977
6,067
4,257
4,167
4,189
4,229
4,333
2,014
1,946
1,954
2,024
2,089
2,243
2,222
2,235
2,206
2.244
,704
,714
,720
,748
,734
928
927
930
958
933
776
787
790
789
802
678
697
• 667
713
702
60
65
62
63
64
115
103
115
103
102
5,055
4.946
4,980
5,107
5,204
812
813
816
825
821
54
52
43
36
36
,271
,085
,116
,060
,091
54
80
81
74
47
May 6
May 13
May 20
May 27
6,029
5,958
5,897
5,908
4,281
4,243
4,182
4,201
2,065
2,003
1.996
2,016
2,216
2,240
2.186
2,184
,748
,715
,715
,707
905
911
931
924
842
804
784
783
698
692
679
698
62
63
62
66
102
103
111
107
5,119
5,081
4,998
4,987
826
840
846
846
33
32
24
24
,111
,054
,025
,004
92
41
23
71
June 3
June 10
June 17
June 24
5,980
5,953
5,937
5,950
4,232
4,197
4,191
4,218
2,038
2,018
2,058
2,093
2,193
2.180
2,133
2,124
,748
,756
,746
,732
960
972
953
933
789
784
793
799
690
688
711
666
62
64
61
62
104
106
113
111
5,070
5,029
5,053
5,022
823
817
822
819
24
22
15
15
,082
,078
,085
,094
69
93
82
73
6,099
5,975
5,922
5,900
5,874
4,855
4,234
4,194
4,159
4,132
2,215
2,104
2,051
2,025
2,022
2,140
2,130
2,143
2,134
2,110
,745
,741
,728
,741
,742
934
933
942
942
943
811
808
786
798
799
703
699
700
684
673
63
66
61
62
62
123
112
136
124
111
5,216
5,099
5,090
4,999
5,028
797
787
786
781
777
15
11
9
9
9
,177
,109
,074
,006
,006
97
79
72
73
58
5,935
5,931
5,928
5,924
4,213
4,205
4,202
4,199
2,056
2,047
2,057
2,051
2,157
2,158
2,144
2,148
,722
,726
,726
,725
935
937
937
934
787
789
789
791
707
680
690
698
62
64
60
61
100
101
97
91
5,026
5,011
4,980
4,964
775
783
796
795
9
6
6
6
1.057
1,038
1,000
992 i
128
121
113
135
5,957
5,921
5,957
5,957
6,101
4,257
4,209
4,279
4,295
4,433
2,079
2,019
2,045
2,067
2,192
2,178
2,190
2,234
2,228
2,241
,700
,712
,679
,662
,668
927
924
896
889
887
774
788
783
773
781
692
703
683
715
719
60
65
62
63
64
97
92
103
99
112
5,004
4,950
5,038
4,944
5,111
788
787
789
784
795
6
4
45
45
45
1,024
1,112
1,026
1,137
132
195
58
177
166
„ ..
6,030
6,076
6,074
6,066
4,361
4.392
4,402
4,391
2,113
2,084
2,127
2,130
2,248
2,308
2,275
2,261
,669
,684
,672
,674
890
888
889
891
779
796
783
783
704
687
683
721
66
67
65
62
102
117
107
101
5,017
5,120
5,125
5,167
786
791
792
772
44
42
22
22
1,078
,077
,086
,048
162
155
64
85
4
11
18 _ _ _ _ _
25
„_...
6,163
6,116
6,094
6,081
4,483
4,436
4,437
4,422
2,182
2,139
2,178
2.197
2,301
2,297
2.259
2,226
,679
,681
,657
,658 i
899
893
890
892
781
787
767
766
708
711
714
703
70
67
65
74
121
107
no
102
5,252
5,234
5,209
5,131
766
775
776
796
22
19
13
11
.158
,105
,039
,019
120
76
80
116
6.084
6.095
_ . _ _ - 6,112
„ _ _ „ 6,170
6,286
4,444
4,447
4,440
4,533
4,661
2,195
2,190
2,220
2,331
2,485
2,249
2,257
2,221
2,202
2,176
,641
,649
,672
,638
,625
902
910
952
913
897
739
739
720
724
728
718
725
704
721
784
65
71
79
93
82
107
99
110
96
106
5.166
5,166
5,189
5,189
5,310
788
785
781
797
810
11
10
63
63
£6
,110
,083
.084
,024
,127
111
137
70
149
218
4,286
4,241
4,226
4,236
4,226
4,209
4,215
4,204
4,295
4,387
4,445
4,505
2,023
2.027
2,030
2,005
2,020
2,052
2,083
2,053
2,080
2,114
2,174
2,284
2,263
2,214
2,196
2,230
2,206
2,158
2,131
2,152
2,214
2,273
2,271
2,221
.804
,714
,698
,724
,721
,746
,739
,725
,684
,675
.669
,645
1.024
965
947
935
918
954
939
936
905
889
894
915
780
748
751
789
804
791
800
789
780
785
775
730
719
723
701
691
692
689
692
694
702
699
709
730
69
68
64
63
63
62
63
62
63
65
69
78
95
102
109
107
106
109
121
97
101
107
5,322
5,134
5,043
5,058
5,046
5,044
. 5,086
4,695
5,009
5,107
5,207
5,204
800
791
786
817
839
820
786
787
789
785
778
792
22
17
35
.44
28
19
10
7
29
32
16
41
,225
,177
.111
,124
,049
,085
,075
,022
,057
,073
,080
,086
32
124
109
67
57
79
76
124
146
124
98
137
Date or month
1925
Jan. 7 .
Jan 14
Jan. 21
Jan. 28
Feb. 4L,
Feb 11
Feb. 18
Feb 25
.. — _ _ . -
.July 1
JulyS
July 15,
July 22
July 29,
....„
..
Aug. 5
Aug. 12
Aug. 19
Aug. 26
Sept 2
Sept, 9
Sept. 16
Sept, 23
Sept. 30
Oct
Oct.
Oct.
Oct.
Nov.
Nov,
Nov.
Nov.
7
14.
21
28.
Dec. 2
Dec. 9
Dec. 16
Dec. 23 .
Dec. 30
_
„
Monthly averages:
January
February _ „ - _ _ _
March
„.„_.
April
May
_____
July
August
September
October
November
December
......
„__»_
„._
6.090
5,954
5,924
5,959
5,948
5,955
5,954
5,929
5,979
6,062
6,113
6,150
Total
no
104
490
986
171
REPORTING MEMBER BANKS
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Loans
Date or month
Total
loans
and
investments
1926
Total
Investments
On
All
ecurities other
BorrowHeinga
U.S. Interserves Cash Balances Net
U.S.
at
with demand Time Govern- bank
in
Govern- Other with
ment secu- Federal vault [omestic deposits deposits ment deposits Federal
Reserve
deposits
hanks
Total direct rities Reserve
Bank
Bank
obligations
6,258
6,140
6,105
6,088
4,613
4,500
4,465
4,422
2,412
2,298
2.280
2,247
2,201
2,202
2,185
2,175
1,645
1,641
1,640
1,666
910
914
918
921
735
727
722
745
710
731
707
691
75
71
67
66
109
103
99
95
5,308
5,198
5,158
5.120
808
809
802
809
54
50
50
50
1,153
1.109
1,137
1.104
109
104
51
37
._
6,125
6,101
6,056
6,099
4,450
4,412
4,378
4,379
2,271
2.233
2.157
2,142
2,179
2,180
2,221
2,237
1,675
1,689
1,678
1,720
935
938
939
935
740
750
739
785
681
709
722
698
65
79
64
67
101
93
100
93
5,118
5,106
5,034
5,045
809
802
800
802
50
50
50
50
1,110
1.083
1,078
1.063
95
129
145
142
Mar. 3
Mar. 10..
Mar. 17
Mar. 24.. ,
Mar. 31
6,133
6,064
6,095
6,074
6,140
4,404
4,339
4,373
4,424
4,499
2,114
2,012
2,067
2.091
2,151
2,289
2,327
2,306
2,333
2,348
1,730
1,725
1,722
1,650
1,641
941
917
921
866
851
788
808
801
784
790
692
699
717
722
743
65
66
62
63
62
109
89
98
86
103
5,124
5,026
5,123
5,030
5,150
796
804
812
818
835
50
50
67
52
52
1,165
1,089
1,102
1,058
1,167
119
104
58
98
88
Apr,
Apr.
Apr.
Apr.
6,076
6,023
6,015
6.090
4,418
4,317
4,304
4,384
2,106
1,988
1,981
2,039
2,313
2,329
2,323
2,345
1,658
1,707
1,711
1,706
870
894
895
895
788
813
816
811
683
763
668
712
66
65
62
64
105
110
107
112
4,999
5,001
5,011
5,039
836
814
828
834
52
52
43
43
1,079
1,109
1,079
1,078
107
144
16
95
MayS
May 12
May 19.
May26
6,158
6,087
6,089
6,083
4,443
4,353
4,349
4,335
2,065
1,999
2,032
2,039
2,378
2.354
2,318
2,296
1,715
1,734
1,740
1,747
905
920
916
924
809
814
824
824
691
682
689
702
65
65
63
66
101
100
104
99
5.046
5,060
5,043
5,072
836
825
819
819
41
39
34
33
1,109
1,052
1,056
1,070
128
66
79
55
June 2
June 9
June 16
June 23..
June 30
6,174
6,105
6,194
6,078
6,260
4,412
4,327
4,431
4,356
4,521
2,144
2,043
2,059
2,108
2,254
2,267
2,283
2,372
2,248
2,268
1,762
1,778
1,764
1,722
1,738
945
938
936
911
913
817
841
828
811
825
730
699
730
702
709
63
66
eo
63
64
116
98
106
108
110
5,161
5,088
5.120
5,036
5,262
827
817
823
835
847
33
33
33
33
29
1,142
1,045
1,036
1,042
1.193
107
60
22
33
50
6,187
6,105
6,089
6,065
4,452
4,369
4,359
4.349
2,172
2,106
2,127
2,097
2,281
2,263
2,232
2,251
1,735
1,736
1,730
1,716
910
904
921
913
825
832
808
803
731
696
682
690
69
67
63
63
104
112
103
100
5,072
5,018
5,001
4,959
845
851
853
855
27
25
25
25
1.097
1.083
1,070
1,017
184
104
82
99
Aug. 4.
Aug. 11
Aug. 18.
Aug. 25
6,141
6,076
6,039
6,072
4,420
4,377
4,344
4,380
2,159
2,118
2,083
2,106
2,261
2,259
2,261
2,274
1,721
1,699
1,695
1,691
911
912
907
905
810
787
788
786
681
697
684
655
62
63
62
62
101
91
87
88
4,997
4,937
4,911
4,936
859
877
863
862
25
22
20
15
1,107
1,046
1,015
993
115
138
100
92
Sept. 1.
Sept. 8
Sept. 15
Sept. 22
Sept. 29.
6,128
6,107
6.117
6,053
6,168
4,452
4,425
4,462
4,415
4,521
2,147
2,103
2,108
2,061
2.122
2,305
2,322
2.354
2,354
2,399
1,676
1,682
1,655
1,638
1,647
896
898
894
890
884
780
784
760
748
762
706
685
770
699
699
61
65
64
63
65
94
98
109
103
109
5,012
4,980
5,106
4,951
5,077
866
850
834
824
824
15
15
63
63
63
1,122
1,053
1,096
1,009
1.029
122
145
104
137
134
Oct. 6__ . .
Oct. 13.
Oct. 20
Oct. 27
6,120
6,058
6,022
6,005
4,493
4,450
4,416
4,394
2,059
2,031
1,943
1,936
2,434
2,419
2,473
2.458
1,627 1
1,608
1,606
1,611
876
865
869
868
751
742
737
743
647
668
665
669
66
71
63
€5
107
123
112
101
5,006
4,988
4,979
4,942
833
831
827
843
63
59
43
37
1,087
1.093
1,070
1,018
91
140
45
61
Nov. 3
Nov. 10
Nov. 17,____, .
Nov. 24. „
6,089
5,998
6,013
6,069
4,466
4,397
4,398
4,448
1,969
1,905
1,865
1,912
2 ,497
2,492
2,533
2,537
1,623
1,600
1,614
1,621
878
859
861
872
745
741
753
750
653
676
691
672
66
63
60
70
112
103
99
97
4,981
4,980
4,962
4,963
860
872
877
881
37
31
22
20
1,147
1,042
1.033
987
94
52
45
94
Dec. 1
Dec. 8
Dec. 15.. ,
Dec. 22
Dec. 29
6,143
6,121
6,103
6,175
6,311
4,504
4,469
4,473
4,548
4,665
1,961
1,928
1,970
2,066
2,169
2,543
2,542
2,503
2,482
2,496
1,639
1,652
1,630
1,627
1,646
881
885
859
857
860
759
767
771
770
786
725
714
768
703
716
61
68
72
85
71
105
90
99
93
96
5,085
4,974
5,148
5,060
5,203
900
908
905
900
897
20
20
45
45
45
1,066
1,023
1.1S8
1,032
1,082
96
118
50
117
118
Monthly averages:
January .
February
March
April
May.. ,
June
July
August
September
October
November.
December
6,148
6,095
6,101
6,051
6,104
6,162
6,111
6,082
6,115
6.051
6,042
6,171
4,500
4,405
4,408
4,356
4,370
4,409
4,382
4,380
4,455
4,438
4,427
4,532
2,309
2,201
2,087
2,028
2,034
2,122
2,126
2,117
2,108
1,992
1,913
2,019
2,191
2,204
2.321
2,327
2,336
2,288
2,257
2,264
2,347
2,446
2,515
2,513
1,648
1,690
1,693
1,695
1,734
1,753
1,729 |
1,702
1,660
1,613
1,615
1,639
916
937
899
889
916
929
912
909
893
870
868
868
732
754
794
807
818
824
817
793
767
743
747
770
710
702
715
706
691
714
700
679
712
662
673
725
70
69
64
64
65
63
66
62
64
66
65
71
101
97
97
108
101
108
105
92
102
111
103
97
6,196
5,076
5,091
5,013
5,055
5,134
5,012
4,945
5,025
4,979
4,959
5,094
807
803
813
828
825
830
851
865
840
834
872
902
51
50
54
47
37
32
26
20
44
50
27
35
1,126
1,084
1,116
1.086
1,072
1,098
1,067
1,040
1,062
1,067
1,052
1,078
75
128
94
90
82
55
117
111
128
84
71
100
Jan. 6__
Jan. 13
Jan. 20
Jan. 27
Feb. 3
Feb. 10.
Feb. 17,.
Feb. 24
7
_- ...
14,.. .
21
28..
July 7..
July 14
July 21...
July 28
.
BANKING AND MONETARY STATISTICS
172
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1t1l-1M1-1MiMti
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
On
securities
All
other
ReBorrowU.S.
serves Cash Balances Net
U.S.
Interiaga
Govern- Other with
in
with demand Time aovern- bank
at
ment
secu- Federal vault domestic deposits deposits ment deposits Federal
Total direct rities Reserve
banks
deposits
Reserve
Bank
obligaBank
tions
6,359
6,256
6,117
6,090
4,714
4,586
4,472
4,434
2,307
2,189
2,102
2,073
2,407
2,397
2,370
2,361
1,644
1,671
1,645
1,656
854
843
844
852
790
828
801
804
776
723
712
659
67
64
59
59
2,. . ... ...
9
16.
-. „.
23. ...........
6,143
6,048
6,031
6,045
4,481
4,391
4,377
4,379
2,113
2,015
2,026
2,036
2,368
2,376
2,352
2,344
1,662
1,657
1,653
1,665
854
855
856
862
807
802
798
804
667
686
716
659
57
60
56
61
Mar.
Mar.
Mar.
Mar.
Mar.
2... .......„_
9
16 .... ....
23
30
... ....
6,170
6,136
6,309
6,300
6,287
4,493
4,458
4,509
4,542
4,540
2,096
2,061
2,095
2,087
2,146
2,396
2,397
2,413
2,454
2,394
1,677
1,677
1,800
1,758
1,747
864
872
988
917
904
813
805
812
841
843
672
681
690
751
755
Apr
Apr.
Apr.
Apr
6
13
20
27
. _ „ ...
6,346
6,272
6,302
6,334
4,597
4,526
4,543
4,556
2,189
2,114
2,147
2,176
2,408 . 1,750
2,413 1,746
2,396 1,759
2,381 1,777
914
914
915
946
836
831
844
831
..
6,433
6,406
6,435
6,420
4,646
4,599
4,607
4,594
2,244
2,176
2,203
2,178
2,402
2,423
2.404
2,415
1,787
1,807
1,827
1,826
957
979
972
964
June !_„
...
June 8
June 15
_
June 22
June 29 . ....
6,578
6,528
6,638
6.546
6.593
4,789
4,695
4,718
4,737
4,797
2,356
2,274
2,305
2,323
2,371
2,433
2,421
2,413
2,415
2,426
1,789
1,832
1,920
1,809
1,795
July 6
July 13.
July 20 ...
July 27.
6,628
6,451
6,409
6,434
4,821
4,649
4,646
4,667
2,382
2,439
2,249
2,400
2,228 . 2,418
2,267
2,400
Aug. 3Aug 10
Aug. 17....... . .
Aug. 24
Aug. 3k......
6,489
6,460
6,425
6,383
6,506
4,733
4,714
4,695
4,664
4,783
2,314
2,280
2,260
2,228
2,295
Sept. 7
Sept. 14 ....
Sept. 21
Sept, 28
...
6,505
6,572
6,604
6,618
4,801
4,873
4,899
4,927
Oct 5
Oct. 12. .. . , .
Oct. 19..
, ....
Oct. 26........ ....
6,708
6,625
6.622
6,613
Nov
Nov
Nov
,Nov
Nov
Date or month
Total
loans
and
investments
1927
Jan, 5 .
Jan, 12,
.._.„._
Jan. 19
Jan, 26.
._„„__
Feb.
Feb
Feb.
Feb.
May 4
May 11
May 18
May 25
Dec.
Dec
Dec.
Pee.
..
2. .......
9.
16............
23....... ....
30 _ .
7.
14
21...
28
Monthly averages:
Januarv
February ... .
March
April
May
..
June. - .
July.,
August
September..
October
November.....,,.,
December.., , ..
n
99
94
5,275
5,191
5,067
4,976
922
923
912
914
43
34
34
34
1,053
1,004
942
911
130
89
56
28
97
89
100
88
5,032
4,930
4.920
4,858
926
927
935
931
34
29
29
29
970
917
978
976
45
70
71
54
56
58
54
56
59
101
90
116
98
96
5,019
4.982
5,129
5,102
5.109
915
920
940
928
943
29
26
100
90
87
997
992
1,023
954
976
74
82
20
106
84
643
725
675
708
57
58
55
59
96
110
110
no
5,060
5,036
5,062
5,107
936
960
954
950
81
75
51
48
986
923
948
961
72
107
58
77
830
828
855
862
741
708
730
702
58
59
56
58
111
102
104
90
5,172
5,154
5,197
5,193
951
950
968
957
45
37
28
26
998
934
945
911
126
104
78
53
921
961
1,018
917
898
869
871
901
892
897
758
761
815
745
800
56
59
55
56
59
106
93
98
01
86
5,415
5,292
5,535
5,288
.5,419
971
1,040
1,010
1,018
1.011
21
13
29
27
18
1,021
910
1.082
924
967
84
52
25
50
47
1,807
1,803
1,763
1,767
896
896
892
887
911
907
871
880
716
736
741
721
61
59
55
57
110
90
85
84
5,348
5,255
5.230
5.225
1,006
975
988
1,000
15
12
11
11
1,041
982
960
901
85
77
38
37
2,419
2,434
2,435
2,436
2,488
1.756
1,746
1,731
1,719
1,723
883
883
887
890
890
874
863
844
829
833
753
752
682
726
708
56
57
54
55
55
87
83
91
79
86
5,261
5,246
5,175
5.122
5,263
1,013
1,018
1,013
1,007
1,002
10
6
4
4
4
§68
956
969
029
995
79
82
68
87
55
2,270
2,330
2,306
2,348
2,531
2,543
2,593
2,578
1,704
1,699
1.704
1,691
879
879
895
896
825
820
810
795
727
714
716
748
59
60
57
57
84
87
109
101
5,209
5,325
5,177
5,185
1.003
1,002
999
1,011
1
1
127
127
975
983
982
072
132
59
74
96
5,035
4,947
4,944
4,937
2,448
2,352
2,338
2,342
2,587
2,596
2,607
2,595
1,673
1,678
1,678
1,676
882
884
887
892
791
794
790
784
715
694
751
752
60
60
57
60
115
118
107
103
5,269
5,203
5,286
5.261
1,008
1,019
1,011
1.020
124
124
92
71
1,059
965
1,021
979
124
71
47
56
6,649
6,706
6,809
6,793
6,916
4,967
5,009
5,061
5,023
5.131
2,386
2,409
2,491
2,463
2,574
2,581
2,601
2,570
2,560
2,558
1,682
1,696
1,747
1,770
1,785
892
900
943
970
971
790
796
804
800
814
737
780
792
777
755
58
65
58
67
60
112
103
106
97
102
5,286
5,336
5,462
5,452
5,614
1,035
1,050
1,057
1,069
1,065
65
44
75
26
3
1,109
1,053
1,106
1,037
1.218
28
107
65
68
97
6,857
6,836
6,939
6,994
5,063
5.042
5,141
5,209
2,518
2,538
2,642
2,724
2,546
2,504
2.499
2,485
1.793
1,794
1,798
1,784
982
992
994
974
811
802
803
810
756
757
111
786
63
74
85
71
97
97
106
no
5,563
5,596
5,578
5,544
1,027
1,022
1,042
1.046
1
1
57
57
1,053
1,055
1.046
1.030
no
203
6,205
6,067
6,240
6,313
6,423
6,576
6,481
6,453
6,575
6,642
6,775
6,906
4,552
4,407
4,508
4,556
4,612
4,747
4,696
4,718
4,875
4,966
5.039
5,114
2,168
2,047
2,097
2,156
2,201
2,326
2,281
2,275
2,313
2,370
2,465
2,605
2,384
2,360
2,411
2,399
2,411
2,422
2,414
2.442
2,562
2,596
2,574
2,509
1,654
1,659
1,732
,758
,812
,829
,785
,735
1,700
1,676
1,736
1,792
848
857
909
922
968
943
893
88?
887
886
935
986
806
S03
823
835
844
886
892
848
813
790
801
807
717
682
710
688
720
776
728
724
726
728
768
769
62
59
56
57
58
57
58
55
58
59
62
73
100
93
100
107
102
95
92
85
95
111
104
103
5,127
4,935
5,068
5,066
5,179
5,390
5,265
5,213
5,224
5.255
5,430
5,570
918
929
929
950
956
1,010
992
,010
,004
,015
,055
,034
36
30
66
64
34
22
12
6
64
103
43
29
978
960
988
954
947
981
971
964
978
1,006
1,105
1,046
76
60
73
78
90
51
59
74
90
75
73
127
109
"
-
85
79
REPORTING MEMBER BANKS
173
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
loans
and ;
investments
Date or month
Jan. 4
Jan 11
Jan. 18.
Jan 25
1928
!
On
Total • securities
All
other
ReBorrowings
serves Cash Balances Net
U.S.
U.S. InterGovern- Other
with
at
in
with demand Time Govern bank
ment secu- Federal vault domestic deposits deposits ment deposits Federal
Reserve
deposits
banks
Total direct rities Reserve
Bank
obligaBank
tions
7,199
7,048
6,947
6,967
Feb. 1
Feb. 8 .
Feb. 15
Feb. 21
Feb. 29
_„__,
__
5,403
5,175
5,081
5,061
2,915
2,685
2,609
2,632
2,489 ,1,795
2,489 1,874
2,472 1,867
2,429 1,906
979
1,048
1,060
1,104
816
826 ;
807
802
823
797
783
723
66
60
53
52
134
106
111
99
5,822
5,636
5,577
5,497
1,103
1,095
1,097
1,102
49
37
27
24
1,238
1,148
1.080
1,081
6,988 '•
6,869
6,838
6,756
6,905
5,092
4,985
4,959
4,895
4,984
2,691
2,537
2,498
2,428
2,481
2,401
2,448
2,461
2,467
2,503
1,896
1.884
1,878
1,860
1,921
1,098
1,097
1,087
1,085
1,079
798
787
791
776
842
778
768
751
728
746
48
52
53
56
51
111
97
107
108
102
5,607
5,436
5,422
5,328
5,563
1,097
1,110
1,095
1,083
1,081
23
13
11
11
11
1,202
1,039
U077
1,008
1,162
123
117
51
84
L
75
94
123
65
42
Mar.
Mar.
Mar.
Mar.
7
14. . .
21
28
6,836
6,954
6,880
7,001
4,921
5,032
4,981
5,121
2,402
2,475
2,395
2,524
2,519
2,557
2,585
2,597
1,915
1,922
1,900
1,880
"l,086
1,088
1,085
1,067
829
835
814
813
747
730
717
757
52
52
50
50
99
100
121
120
5,482
5,577
5,359
5,451
1,062
1,060
1,084
1,114
8
3
85
85
1.098
1,128
1,054
1.074
80
67
44
108
Apr.
Apr.
Apr.
Apr.
4
11
18
25 .
7,235
7,108
7,120
7,145
5,374
5,262
5,270
5,305
2,733
2,607
2,643
2,716
2,641
2,655
2,626
2,589
1,860
1,846
1,850
1,840
1,060
1,056
1,059
1,048
800
789
791
792
767
801
758
781
51
52
49
51
124
119
131
117
5,636
'5,609
5,626
5,559
1,116
1,109
1,117
1,138
81
70
50
35
1,151
1,044
1,025
992
102
155
91
172
7,319
7,277
7,301
7,249
7,265
5,470
5,402
5,425
5,363
5,380
2,851
2,782
2,812
2 ,,726
2,763
2,619
2,619
2,612
2,637
2,617
1,849
1,876
1,876
1,886
1,885
1,064
1,082
1,080
1,077
1,075
785
794
797
809
811
797
779
756
759
743
49
52
49
52
54
124
114
112
112
111
5,695
5,575
5,573
5,494
5,495
1,165
1,185
1,196
1,210
1,210
32
21
15
10
10
1,107
1,013
1,024
076
981
180
229
233
230
237
7,215
7,189
7,154
7,105
5,329
5,289
5,209
5,166
2,707
2,638
2,571
2,537
2,622
2,651
2,637
2,630
1,886
1,900
1,945
1,939
1,077
1,088
1 , 131
1,116
808
812
814
823
761
748
736
752
52
53
51
54
101
104
111
100
5,489
5,458
5,300
5,271
1,200
1,199
1,217
1,225
61
58
940
930
929
931
263
297
269
256
July3
July 11
July 18.__
July 26
7,411
7,194
7,050
7,025
5,494
5,271
5,161
5,154
2,788
2,666
2,533
2,516
2,706
2,605
2,627
2,638
1.917
1,923
1,889
1,870
,115
,120
,099
,086
801
804
791
784
752
745
713
709
57
56
53
52
122
97
93
94
5,513
5,256
5,181
5,143
1,185
1,191
1,162
1,158
47
35
27
21
1,087
932
880
927
316
342
213
223
Aug. 1
Aug. 8 .
Aug. 15
Aug. 22
Aug. 29
7,136
6,992
6,887
6,883
6,914
5,284
5,226
5,129
5,134
5,157
2,646
2,548
2,471
2,470
2,454
2,638
2,679
2,658
2,663
2,703
1,852
1,766
1,758
1,749
1,758
,081
,001
995
996
,002
771
765
764
753
756
759
689
695
692
691
50
52
51
52
52
103
86
85
86
78
5,252
5,022
5,013
4,986
5,033
1,159
1,156
1,172
1,158
1.162
50
35
32
25
20
1,019
880
884
852
872
255
244
188
229
198
Sept. 5. .
Sept. 12
Sept. 19
Sept. 26 .
7,038
6,991
7,063
6,995
5,266
5,203
5,247
5,169
2,576
2,520
2,577
2,502
2,690
2,684
2,669
2,668
1,772
1,788
1,816
1,825
,025
,042
,071
,072
747
746
745
754
686
729
743
705
53
54
52
53
86
103
112
107
5,110
5,129
5,078
5,050
1,172
1,165
1,180
1,185
16
11
56
45
935
935
932
935
260
270
305
229
7,039
6,966
7,010
6,999
7,050
5,259
5,198
5,186
5,185
5,220
2,572
2,501
2,551
2,567
2,606
2,686
2,697
2,635
2,618
2,614
1,780
1,768
1,824
1,814
1,830
,069
,069
.115
,107
,101
711
698
710
707
730
719
697
723
701
759
52
62
51
53
53
98
88
108
103
103
5,123
5,105
5,122
5,138
5,273
1,184
1,193
1.219
1,219
1,217
27
17
58
43
41
982
913
1,043
954
1,069
256
236
201
157
160
May 2
May 9
May 16.
May 23
May 29
June 6
June 13
June 20_
June 27 ,
__
.
., . _
'
_.
Oct.
Oct.
Oct.
Oct.
Oct.
3
10_
17
24.
31
Nov.
Nov.
Nov.
Nov.
7
14
21
28
7,059
6,946
7,050
7,167
5,256
5,144
5,267
5,354
2,674
2,571
2,716
2,813
2,582
2,573
2,550
2,541
1,802
1,802
1,784
1,814
,099
,084
.075
,083
703
718
709
731
712
707
722
745
61
56
53
64
98
111
115
106
5,210
5,198
5,294
5,355
1,206
1,215
1,205
1,205
28
22
22
17
987
986
975
977
203
108
92
224
Dec.
Dec.
Dec.
Dec.
5.. .
12
19
26
7,226
7,057
7,108
7,216
5,410
5,252
5,296
5,399
2,852
2,685
2,671
2,780
2,558
2,566
2,625
2,619
1,815
1,805
1,812
1,817
,087
,085
1,096
1,097
729
720
716
720
726
779
742
761
56
63
74
76
103
101
124
111
5,395
5,294
5,247
5,283
1,197
1,192
1,196
1,207'
6
1
68
53
976
957
946
945
244
220
139
281
7,040
6,871
6,918
7,152
7,282
7,166
7,170
6,962
7,022
7,013
7,056
7,152
5,180
4,983
5,014
5,303
5,408
5,248
5,270
5,186
5,221
5,209
5,255
5,339
2,710
2,527
2,449
2,675
2,787
2,613
2,626
2,518
2,544
2,559
2,694
2,747
2,470
2,456
2,565
2,628
2,621
2,635
2,644
2,668
2,678
2,650
2,562
2,592
1.860
1,888
1,904
1,849
1,874
1,918
1,900
1,777
1,801
1,803
1,800
1,812
1,048
1,089
1,081
1,056
1,075
1,103
1,105
1,015
1,053
1,092
1,085
1,091
813
799
823
793
799
814
795
762
748
711
715
721
781
754
738
777
767
749
730
705
716
720
721
752
58
52
51
51
51
53
55
52
53
54
58
67
112
105
110
123
115
104
102
88
102
100
108
110
5,633
5,471
5,467
5,607
5,566
5,379
5,273
5,061
5,092
5,152
5,264
5 305
1,099
1,093
1,080
1,120
1,193
1,210
,174
,161
,175
,206
,208
,198
34
14
44
59
18
30
32
32
32
37
22
32
1,137
1.098
1,089
1,053
1,020
933
957
901
934
992
981
956
94
78
75
145
222
271
274
223
266
202
157
221
__
Monthly averages:
January
February
March
April
May
June
July
August.,
September
October
November
December
174
BANKING AND MONETARY STATISTICS
NO. 4i-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, U1M941-Con!inued
[Wednesday figures. In millions of dollars]
Loans
Total
loans
and
investments
Date or month
i
Investments
BorRerowBal- ! Net
U.S.
serves j
ings
U S.
with Cash ances | de- Time Gov- Inter- at
FedGovern- bank Fedwith i' -fjflnfj dein
ern- Other eral vault doAll
To brokers
de- posits ment doeral
To other Total ment secu- Reand dealers
mestic posits
de- poaiu Redirect rities serve
others
banks
posit.
serve
I
obUgaBank
OutBank
In
side
( tions
N.Y, N.Y.
i
City City
On securities
Total
Total
1929
Jan. 2
Jan. 9
,
Jan. 16 . . ..,
Jan 23
Jan. 30 . .,
7,670
7,255
7,161
7,075
7,148 j
5,838
5,404
5,251
5,162
5,234
3,259
2,579
2,889
2,515
2,837 1^054" ""36" l"753" 2,414
2,742
989
21 1,732 2,420
2,795 1,046
45 1,704 2,439
1,832
1,851
1,910
1,913
1,915
1,100 j
1.123
1,145
1,146
1,139
731
728
705
767
775
844
756
756
727
767
65
59
54
54
56 !
144
119
111
103
97
5,682
5,407
5,391
5,280
5,334
1,230
1,202
1,182
1,178
1,200
45
30 jl!oi7
24
23
970
23
889
309
202
141
81
128
Feb. 6
Feb 13
Feb. 20
Feb 27
7,227
7,187
7,109
7,239
5,321
5.304
5,229
5,309
2,857 1,078
2,817 1,060
988
2,743
2,863 1,060
38
38
35
31
1,741
1,719
1,720
1,772
2,464
2,487
2,486
2,506
1,905
1,883
1,880
1.870
1,140
1,128
1.127
1.116
765
755
753
754
751
740
722
761
54
61
61
56
102
95
05
93
5,357
5,294
5,212
5,349
1,201
1,182
1,173
1,177
14
12
12
10
970
943
948
935
114
174
103
134
7,270
7,209
7,340
. ,— _ 7,366
5,416
5,348
5,449
5,484
2,859 1,083
970
2,749
2,833 1,057
2,852 1,037
34
34
34
34
1,742
1,745
1,742
1.781
2,557
2.599
2,616
2,632
1,854 1,110
1,860 1,089
1,892 1,122
1,881 SI. 109
745
772
770
772
726
731
744
744
53
56
53
55
97
86
124
133
5,285
5,261
5,290
5,251
1,167
1.166
1,160
1,187
2
2
129
129
951
380
398
927
196
130
126
204
7,405
7,276
7,252
7,253
5,521
5,421
5,398
5,410
2,819
2,708
2,682
2,707
983
875
840
883
38
40
37
41
1,798
1,793
1,805
1,783
2,702
2,713
2,716
2,702
1,884 11,106
1,854 1,085
1,854 '1,089
1,844 1,079
778
769
766
765
729
716
709
704
55
54
50
54
123
118
98
93
5,326
5,202
5.205
5.160
1,187
1,162
1.147
1.153
122
.09
60
62
924
873
903
705
135
158
170
177
May 1
May8
May 15
May 22
May 29
7,332
7,165
7,194
7,120
7,100
5,476
5,314
5,337
5,294
5,299
2.777
2,647
2.641
2,614
2,585
941
824
824
792
734
38
40
36
35
39
1,798
1,783
1.781
1,787
1,812
2,699
2,667
2,696
2,680
2,714
1,856 1,074
1,852 !l,075
1,857 ! 1,062
1,825 S il,038
1.801 j 1,018
782
777
795
788
783
745
724
726
701
703
52
55
54
55
62 i
108
79
100
92
92
5,334 ,149
,157
5,146
5.167 ,181
5,070 1,169
.154
5.124
60
46
44
42
42
806
S24
772
760
157
189
166
111
103
June 5
June 12
June 19
June 26
7,236
7,200
7,277
7,410
5,409
5,390
5,465
6,610
2,678
2,663
2,749
2,908
797
777
839
994
40
44
44
44
1,811
1,842
1,866
1,870
2,731
2,727
2,716
2,702
1,827
1,810
1,812
1,800
1,049
1,056
1,063
1,054
778
754
749
747
728
721
720
749
57
S
54
08
100
117
123
5,208
5.207
5,145
5.238
,152
.122
,146
,162
24
19
72
72
813
754
800
818
123
136
170
228
July 3
July 10
July 17
July 24
July 31
7,525
7,461
7,417
7,502
„_.„ 7,575
5,843
5,781
5,729
5,815
5,850
3,117
3,040
2,970
3,017
3,082
1,213
1.154
1.089
1,149
1,181
42
47
47
44
44
1,862
1,839
1,834
1,824
1,877
2,726
2,742
2,758
2,797
2,768
1,682
1,679
1,687
1,687
1.726
939
940
949
946
973
742
739
738
741
753
753
740
727
737
743
S
S
52
134
107
103
102
97
5,341
5,254
5,192
5,203
5.357
,071
1,066
1,090
1.105
1.150
989
48
38
894
869
38
22
900
22 1,023
341
341
325
305
282
7,512
7,381
..-.. 7,354
7,383
5,775
5,653
5,637
5,686
2,961 1,045
2,822
924
2,775
883
2,819
956
43
41
42
36
1.873
1,737
1.857 2^830 1,728 i
1,850 2,862 1,717
1,827 2,867 1,697
958
962
955
946
779
766
762
751
703
703
700
702
53
56
52
51
96
87
83
84
5,217 1.141
5,172 ! 1,142
5,120 1 1,140
5,106 1,189
12
11
11
9
843
836
810
820
295
191
144
153
7,546
7,467
7,542
7,474
5,853
6,770
5,814
5,777
2,944 1,061
2,846
976
2,894 ; 1,004
2,883
981
42
41
42
43
1,841
1,829
1,848
1,859
2,908
2,924
2,920
2,894
750
752
779
769
717
734
750
741
52
54
50
52
85
92
115
118
5,230
5,204
5,193
5,130
1.206
1.209
1,223
1,240
3
65
65
885
891
885
887
217
159
142
147
. „ 7,563
7,464
7,526
7,619
9,010
5,876
5,756
5,817
5,899
7,191
2,947
2,836
2,964
3,005
4,205
1,025
930
1,052
1,033
2,021
46
43
42
44
48
1,876
1,863
1,870
1,928
, 2,136
2,929
2,921
2,853
2,894
2,986
1,687
1,708
1,709
1,721
1,819 .
766
775
769
773
829
764
727
757
739
982
52
56
51
54
76
126
111
134
123
120
5,279
5.106
5,270
5,298
6,851
1,256
1,255
1,265
' 1,257
1,257
65
965
60
883
46 ,001
37
877
36 1.389
63
46
49
41
170
-_ 8,658
8,338
. . 8,215
8,187
6,733
6,403
6,215
6,169
3,751 1,472
3,427 1,104
807
3,105
785
3,077
48
53
45
45
2,231
2,270
2,253
2,247
2,982
2,977
3.110
3,092
1,925
1,934
1,999
2,018
1,064
1,077
1,129
1,163
861
908
857 . 963
870 , 903
781 ,
855
83
77
70
71
124
145
115
94
6,588
6,369
6,183
5,970
1,236
1,242
1,237
1,275
1,273
1,133
1,089
1,034
135
40
33
33
48
43
51
51
50
2,281
2,217
2.190
2,200
2,231
2,974
2,944
2,905
2,861
2,859
1,989
1,943
2,002
1,986
1,127
1,105
1,112
1,089
1,073
862
838
890
897
911
785
808
797
736
779
65
72
80
76
61
104
88
95
84
118
5,783
5,773
5,715
5,662
6,028
1,246
1,212
1,210
1,195
1,235
10 1,012
8
910
911
25
19
904
17 1,163
34
66
88
107
106
770
743
736
713
720
730
740 '
702
738
791
889
777
58
58
54
53
56
54
56
53
52
58
76
71
115 5,419 1,199
96 5,303 1 1,184
110 5,272 1.170
108 5,223 L.162
94 5,168 1,162
110 5,200 1,145
109 5,269 ', L.0%
88 5,154 1,155
102 , 5,189 j 1,220
123 5,561 1,258
120 6,278 1,248
98 5,792 S 1,219
29 1,012
12
949
916
65
91
874
47
817
47
796
33
11
827
33
887
49 1,023
19 1,132
16
980 i
190
131
166
162
145
165
319
196
166
74
60
80
Mar. 6
Mar. 13...
Mar 20
Mar. 27
Apr.
Apr
Apr.
Apr
Au«
Aug
Aug.
Aug.
3
10
17 .
24
7
14
21
28
Sept. 4
Sept 11
Sept. 18 ..
Sept. 25
Oct. 2
Oct. 9
Oct. 16
Oct. 23. .
Oct. 30
Nov. 6
Nov. 13
Nov. 20
Nov. 27
Doc. 4 .
Dec. 11
Dec. 18__J. _ . „ . _ _ _ , _
Dec. 24
Dec. 31
8,035
7,909
7,929
7,892
8,240
744
6,047 3,073
5,967 3,023
763
781
5,927 ' 3,022
794
5,906 ! 3,045
6,257- 1 3,398 1,117
Monthly averages:
January....
February, _ _
,.
March
„
April
May
_•_„
June „„
__'
July
August
September. _ _ _ _ _ _
October
November
December....,.,,.'
7,262
7,190
7,296
7,297
7,182
7,281
7,496
7,407
7,507
7,837
8,349
8,001
5,378
5,306
5,424
5,437
5,344
5,468
5,804
5,688
5,803
6,108
6,380
6,021
2,904
2,820
2,823
2,729
2,653
,' 2,749
3,045
2,845
2,892
3,191
3,340
3,112
,'036
895
823
852
1,153
952
1,006
1,212
1,042
840
"Is"
34
39
38
43
45
41
42
45
48
49
I'm'
1,753
1,795
1,792
1,854
1,847
1,852
1,844
1,934
2.250
2,223
1,693
, 1,697
1,729
1,697
1,983 :
943
945
950
927
;
921
932
940 ,
947
990
2,473 1,884 1.131
2,486 i 1,885 1,128
2,601 ! 1,872 1,107
2,708 1,859 1,090
2,691 1,838 1 1,053
2,719 1,812 1.055
i 2,758 1,692 1 950
t 2,843 1,720 t 955
941
! 2,911 , 1,704
946
J 2,916 j 1,729
! 3,040 1 1,969 1,108
> 2,909 • 1,981 1,101
753
757
765
769
i 785
! 757
743 .
> 764 i
763
783
861
! 879
;
24
22
16
14
[
REPORTING MEMBER BANKS
175
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 191M941-Continued
[Wednesday figures. In millions of dollars]
Loans
Investments
On securities
Total
loans
and
investments
Date or month
Jan, 8
Jan, 15
Jan. 22
Jan. 29
1930
Feb. 5
Feb. 12
Feb. 19
Feb. 26 „_
Total
Total
To brokers
and dealers
OutIn
side
N.Y. N.Y.
City City
All
To other
others
BorRerowserves
ings
BalU.S.
Net
with Cash ances
U.S.
Time Gov- Inter- at
deFedern- bank Fedin
Govdewith mand
ern- Other eral vault do-.
eral
dede- posits ment
de- posits Remestic posits
Total ment secu- Reserve
direct rities serve
posits
banks
Bank
obligaBank
tions
7,813
7,675
7.699
7,567
5,838
5,705
5,638
5,641
3,049
2,970
2,895
2,866
832
803
767
773
54
50
47
50
2,163
2,117
2,081
2.043
2,789
2,735
2,742
2,775
1,976
1,971
1,961
1,927
1,083
1,110
1,114
1,093
892
860
847
834
744
764
746
729
59
51
51
51
83
84
78
75
5,479
5,454
5.311
5,225
1,267
1,275
1,294
1,275
9
8
7
7
986
987
866
885
76
15
44
20
7,551
7,525
7,484
„ 7,412
5,648
5,611
5,578
5,499
2,921
2,912
2.913
2,890
882
877
913
906
46
47
49
47
1,993
1,988
1,951
1,937
2,727
2,700
2,665
2,609
1,903
1.914
1,905
1.914
1,096
1.110
1,114
1,108
806
803
792
805
747
742
743
782
49
49
50
49
77
76
78
74
5,300
5,218
5.199
5,226
1,241
1,223
1,225
1,230
4
2
1
1
950
911
844
904
11
37
37
1
Mar.
Mar.
Mar.
Mar.
5
12 „
19
26. .
7,499
7,595
7,747
7,756
5,582
5,700
5,787
5,810
957
2,953
3,065 .096
3,160 ,213
3,280 1,367
49
50
53
57
1,947
1,919
1,894
1,856
2,629
2,635
2,627
2,530
1,917
1,895
1,960
1,946
1.102
1,097
1,146
1,120
815
798
814
826
723
755
713
751
48
48
46
47
77
82
112
107
5,186
5,276
5,278
5,320
1,246
1,295
1,304
1,351
043
897
982
2
1
99
85
Apr.
Apr.
Apr.
Apr.
Apr.
2
9_
16.. „
23
30.—
7,850
7,724
7,738
7.885
7,947
5,894
5,780
5,785
5,912
5,969
3,393
3,284
3,316
3,409
3,511
,488
1,410
1,444
1,518
1.642
59
60
58
49
53
1,846
1,814
1,814.
1,842
1,816
2,501
2,496
2,468
2,503
2,458
1,956
1,944
1,953
1,973
1,977
1,118
1,102
1,114
1.120
1,112
838
842
840
853
866
758
752
758
745
782
46
47
45
47
47
122
105
102
125
147
5.426
5,300
5,366
5,485
5,625
1,368
1,368
1,344
1,334
1,344
77 1,039
975
61
975
50
891
38
33 1,030
16
31
16
10
12
7.840
7,832
7,831
7,903
5,870
5,865
5,848
5,928
3,409
3.407
3.456
3,565
1,560
1,564
1,598
1,714
51
54
57
63
1,798
1,789
1,801
1,788
2,461
2,458
2,391
2,363
1,971
1,967
1,984
1,975
1,099
1,091
1,097
1,078
872
876
886
897
741
760
765
780
47
49
46
57
141
112
106
96
5,384
5,444
5,417
5,508
1.370
1,372
1,370
1,388
18
18
18
18
949
942
908
927
28
June 4
June 11
June 18
June 25
8,134
7,795
8,131
8,229
6,122
5,986
6,130
6,158
3,753
3,630
3,726
3,696
1,845
1,732
1,781
1.698
66
67
69
66
1,842
1,831
1,876
1.932
2,369
2,356
2,404
2,462
2,012 1,066
1>989 1,049
2,001 1,074
2,072 1,113
946
939
927
958
784
793
784
789
46
49
47
48
101
109
118
113
5,641
5,574
5,602
5,661
1,377
1,399
1,457
1,459
10 1,027
952
7
71 1,010
71 1,047
22
July 2
July 9 .
July 16
July 23
July 30
8,123
7,979
8,014
8,070
8,202
6.058
5,916
5,944
5,952
6,050
3,652
3,498
3,518
3,537
3,586
1,646
1,494
1,525
1.552
1.603
64
69
71
67
66
1,942
1,935
1,922
1,918
1,917
2.406
2,418
2,426
2,415
2,464
2,065
2,063
2,070
2,119
2,152
969
1,095
975
1,088
974
1,096
1,110 1,008
1,122 1,029
796
766
812
825
826
56
48
45
45
47
142
110
96
90
93
5,659
5,480
5,556
5.610
5,708
1,438
1,435
1,451
1,444
1,437
64
49
45
40
36
Aug. 6
Aug. 13
Aug. 20
Aug 27
8,136
8,068
8,076
8,108
6,036
6,002
5,968
6,010
3,632
3,585
[3,527
3,608
1,665
1,592
1,540
1,601
53
54
67
65
1,914
1,939
1,920
1,942
2,404
2,417
2,441
2,402
2,099
2,066
2.108
2,098
1,079
1,065
1,090
1.077
1,020
1,002
1,018
1 021
754
787
782
808
45
45
44
46
96
94
87
83
5,595
5.595
5,558
5.631
1.420
1,440
1.436
1,444
22 1.034
15 1,004
976
15
880
15
15
Sept. 3, .
Sepfc, 10
Sept. 17 ..
Sept. 24
8,161
8,041
8,058
8,092
6,057
5,933
5,970
6,033
3,652
13,523
3,541
3,619
1,656
1,550
1,574
1,640
65
64
75
80
1,931
1,909
1,892
1,899
2,405
2,409
2,429
2,414
2,104
2,109
2,088
2,059
1,075
1.083
1,069
1.048
1,029
1.026
1,018
1,011
766
800
809
820
44
46
43
44
92
85
101
96
5,613
5,554
5,526
5,574
5 1,091
1,435
1,017
1,443
1,403 ""46" 1,109
46 1,083
1,415
36
8,325
8,236
8,318
8,273
_ 8,414
6,244
6,127
6,175
6,046
6,116
3,796
3,660
3,640
3,550
3,500
1,745
1,655
1,580
1,470
1,385
88
85
122
120
125
1,963
1,920
1,938
1,960
1,990
2,448
2,466
2,535
2,496
2,616
2,081
2,110
2.143
2,227
2,299
1,038
1,049
1,080
1,130
1,126
1,043
1,061
1,063
1,097
1,172
802
794
794
826
874
44
46
45
46
48
122
108
106
90
90
5,778
5,622
5,665
5,750
5,937
1,454
1,479
1,489
1,530
1,521
46
37
36
31
29
1,224
1,147
1,160
1,099
1,138
8,457
8,363
8,452
8,413
6,139
6,022
6,068
5,989
3,535
3,377
!3,352
3,342
1,384
1,214
1,180
1,177
128
121
112
111
2,023
2,042
2,060
2,054
2,604
2,644
2,716
2.648
2,318
2,341
2,384
2,423
1(154
1,151
1,200
1,204
1,164
1,191
1,184
1,219
796
867
831
830
52
50
51
64
92
97
91
79
5,821
5,924
6,017
5,996
1,495
1,487
1,441
1,440
18
12
9
9
1,230
1,183
1,174
1,215
24
Deo. 3
Dec. 10
Dec. 17 .
Dec, 24
Dec. 31
8,352
8,280
8,003
8,045
8,152
5,975
5,896
5,706
5,749
5,859
3,341
3,310
3,248
13,366
3,438
1,183
1,155
1,072
1,153
1,219
113
114
111
109
102
2,045
2,041
2,065
2,104
2,117
2,634
2,586
2,457
2,383
2,421
2,377
2,384
2,297
2,295
2,293
1,217
1,271
1,236
1,234
1,182
1,160
1,114
1,061
1,061
1,111
806
841
841
782
861
56
79
90
104
85
92
78
99
94
132
5,933
5,947
5,855
5,832
6,070
1,185
1,377
1,104
1,360
1,216 "~43~ 1,211
35 1,090
1,209
35 1,317
1,201
6
19
25
70
9
Monthly averages:
January.
February
March .
April.__
May......
June.
July.
August
September „
October
November
December
7,664
7,493
7,469
7,829
7,852
8,117
8,078
8,097
8,088
8,313
8,421
8,166
5,705
5,584
5,720
5,868
5,878
6,099
5,984
6,004
5,998
6,141
6,055
5,837
2,945
2,909
3,115
3,383
3,459
3,701
3,558
3,588
3,584
3,629
3,401
3,341
794
894
1,159
1,501
1,609
1,764
1,564
1,599
1,605
1,567
1,239
1,157
50
48
52
56
56
67
67
60
71
108
118
2,101
1,967
1,904
1,826
1.794
1,870
1,927
1,929
1,908
1,954
2,044
2,074-
2,760
2,675
2,605
2,485
2,418
2,398
2,426
2,416
2,415
2,512
2,653
2,496
1,959
1,909
1,929
1,961
1,974
2,019
2,094
2,093
2,090
2,172
2,367
2,329
1,100
1.107
1,116
1,113
1,091
1,076.
1,102
1,078
1,069
1,084
1,177
1,228
858
802
813
848
883
943991
1,015
1,021
1,088
1,189
1,101
746
753
736
759
761
788
805
783
799
818
831
826
53
49
47
46
50
47
48
45
44
46
54
83
80
77
94
120
114
110
106
90
93
103
90
99
5,367
5,236
5,265
5,441
5,438
5,619
5,603
5,595
5,567
5,750
5,940
5.928
1,278
1,230
1,299
1,352
1.375
1,423
1,441
1,435
1,424
1,495
1,466
1,273
931
902
952
982
931
1,009
.100
999
,076
1.154
1.201
1,181'
39
21
1
17
11
5
"~4~
9
6
6
26
May 7
May 14 . .
May 21
May 28
Oct.
Oct.
Oct.
Oct.
Oct.
Nov.
Nov.
Nov.
Nov.
1
8_
15
22
29... _ _
._
5
12
19 .
26_.____
no
8
2
46
52
18
39
47
17
24
36
12
22
m
15
1.131
1.103
1,061
1,132
1.072
2
"29
BANKING AND MONETARY STATISTICS
176
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1519-U41-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
BorRerowNet
Balserves
U.S.
ings
with Cash ances de- Time Gov- Inter- at
U.S.
in
ern- bank Feddewith mand
FedGovern- Other eral vault doeral
All
de- posits ment deTo brokers
mestic posits
and dealers
de- posits ReTo other Total ment secu- Redirect rities serve
posits
banks
serve
others
Total
Bank
obligaBank
OutIn
tions
side
N.Y. N.Y.
City City
7,968
7,890
7,880
7,886
5,658
5,577
5,563
5,534
3,233 1,099
3,124 1,025
993
3,061
3,024
983
107
107
108
106
2,027
1,992
1,960
1,935
2,425
2,454
2,502
2,510
2,310
2,312
2,317
2,352
1,225
1,243
1,263
1,284
1,085
1,070
1,054
1,068
821
883
859
865
79
62
53
51
92
88
82
103
5,911
5,921
5,820
5,865
1,180
1,172
1,201
1,200
25
20
17
16
,288
,305
,271
,254
Feb. 4
Feb. 11
Feb. 18
Feb. 25
7,965
7,962
7,953
7,980
5,517
5,513
5,456
5,469
994
3,014
3,050 1,038
3,114 1,112
3,137 1.150
105
111
117
117
1,915
1,903
1,885
1,870
2,503
2,463
2,342
2,332
2,448
2,449
2,497
2,511
1,349
1,348
1,365
1,351
1,099
1,101
1,132
1.160
789
798
804
816
49
54
43
46
85
79
101
106
5,851
5,833
5,785
5,838
1,209
1,225
1,274
1,275
16
14
14
14
,296
,328
,308
,276
Mar
Mar
Mar
Mar.
4
11
18
25
7,954
7,829
8,083
8,036
5,481
5,354
5,529
5,521
3,160
3,082
3,219
,3,244
1,197
1,119
1,253
1,295
119
117
120
119
1,844
1,846
1,846
1,830
2,321
2,272
2,310
2,277
2,473
2,475
2,554
2,515
1,357 1,116
1,348 1,127
1,457 1,097
1,404- 1,111
784
866
853
793
43
44
42
42
97
99
127
116
5,781
5,885
5,945
5,869
1,232
1,196
1,199
1,213
5
168
131
,315
,253
,382
,311
Apr. 1
Apr 8
Apr 15
Apr 22
Apr. 29
7,974
7,858
7,897
7,880
7,834
5,451
5,302
5,338
5,311
5,207
3,183
3,066
3,083
3,063
3,003
1,270
1,159
1,207
1,230
1,149
121
118
117
120
119
1,792
1,789
1,759
1,713
1,735
2,268
2,236
2,255
2,248
2,204
2,523
2,556
2,559
2,569
2,627
1,398
1,423
1,412
1,393
1,445
1,125
1,133
1,147
1,176
1,182
822
780
773
793
833
41
43
42
42
49
125
95
117
108
95
5,849
5,697
5,749
5,775
5,764
1,235
1,217
1,219
1,214
1,251
112
98
112
73
55
,427
,254
,262
,144
,160
May
May
May
May
7,806
7,952
7,925
7,815
5,212
5,302
5,266
5,152
3,045
3,119
3,025
2,969
1,175
1,242
1,148
1,072
118
118
122
119
1,752
1,759
1,755
1,778
2,167
2,183
2.241
2,183
2,594
2,650
2,659
2,663
1,414
1,445
1,474
1,505
U180
1,205
1,185
1,158
817
829
815
867
56
48
45
48
90
94
8S
78
5,736
5,880
5,869
5,818
1,255
1.269
1,248
1,251
35
30
16
9
,208
,314
,227
,178
June 3
June 10
June 17.
June 24
7,804
7,756
7,594
7,621
5,107
5,060
5,006
5,028
2,920 1,053
2,876 1,023
959
2,797
952
2,791
116
112
111
113
1,751
1,741
1,727
1,726
2,187
2J84
2,209
2,237
2,697
2,696
2,588
2,593
1,525
1,553
1,491
1,521
1.172
1,143
1,097
1,072
792
805
847
917
44
45
42
43
100
122
107
107
5,775
5,729
5,495
5,611
1,215
1.217
1,175
1,192
2
2
108
108
,189
,203
,079
,107
July 1
July 8 ,
July 15.., — — July 22
July 29
7,844
7,789
7,805
7,712
7,752
5,191
5,146
5,155
5,093
5,060
2,862 1,004
963
2,803
930
2,758
2,712
908
876
2,685
125
127
125
125
126
1,733
1,713
1,703
1,679
1,683
2,329
2,343
2,397
2,381
2,375
825
2,653 1,607 1,046
2,643 1,603 1,040 , 849
883
2,650 1,607 1,043
886
2,619 ,587 1,032
871
2,692 ,639 1,053
44
44
43
42
42
135
96
103
102
80
5,863
5,786
5,871
5.791
5.829
1,18§
1,182
1,163
1,150
1,152
108
95
83
73
66
,406
,321
,258
,201
,180
Aug. 5
Aug. 12
Aug 19
Aug. 26
7,763
7,566
7,563
7,641
5,100
4,94a
4,982
5,009
2,648
2,633
2,622
2,655
834
810
822
833
126
126
128
127
1,688
1,697
1,672
1,695
2,452
2,316
2,360
2,354
2,663
2,617
2,581
2,632
1,027
1,031
1,018
1,017
779
844
836
811
54
55
48
64
80
77
72
75
5,758
5,676
5,605
5,657
1,123
1,131
1,113
1,108
45
27
16
15
,212
,130
,102
,029
2
Sept. 2
Sept. 9
Sept 16
Sept. 23
Sept, 30... .........
7,692
7,666
7,663
7,775
7,924
5,072
5,017
4,974
5,036
5,059
2,683
2,643
2,641
2,641
2,677
855
823
798
807
837
128
126
115
114
111
1,700
1,694
1,728
1,720
1,729
2,389
2,374
2,333
2,395
2,382
2,620 ,588 1,032
2,649 ,592 1,057
2,689 ,663 1,026
2,739 1,673 1,066
2,865 1,745 1,120
811
766
889
785
880
53
55
50
61
62
86
65
89
82
95
5,708
5,638
5,666
5,650
6.003
,107
,089
,101
,091
,073
15
128
121
115
,107
,050
,046
,027
,204
8
2
3
2
Oct. 7
Oct. 14_ . .
Oct. 21
Oct. 28.. . ..
7,648
7,538
7,351
7,326
4,801
4,670
4,540
4,552
2,469
2,403
2,300
2,305
703
608
517
508
95
91
86
86
1,671
1,704
1,697
1,711
2,332
2,267
2,240
2,247
2,847
2,868
2,811
2,774
,756
,781
,739
,722
1,091
1,087
1,072
1,052
791
751
839
821
61
65
61
59
81
88
76
69
5,601 ,047
5,484 ,034
5,529- 957
929
5.544
94
87
57
49
,055
,025
978
956
58
121
70
47
Nov.
Nov.
Nov.
Nov.
7,310
7,240
7,262
7,220
4,547
4,474
4,525
4,535
2,287
2,270
2,297
2,255
496
468
533
501
87
85
90
90
1,704
1,717
1,674
1,664
2,260
2,204
2,228
2,280
2,763
2,766
2,737
2,685
1,724
1,732
1,702
1,660
1,039
1,034
1,035
1,025
724
723
731
748
61
53
48
55
74
68
61
59
5,413
5,353
5,363
5,360
905
902
909
907
1?
27
21
§83
967
887
879
17
16
16
16
7,181
Dec. 9...— — 7,064
7,258
Dee 16
7,175
Dec. 23..-.,- — -7,147
Dec. 30
4,488
4,425
4,451
4,420
4,492
2,239
2,210
2,208
2,231
2,295'
479
466
467
468
458
83
86
88
85
86
1,672
1,658
1,653
1,678
1,751
2,249
2,215
2,243
2,189
2,197
2,693
2,639
2,807
2,755
2,655
1,676 1,017
982
1,657
971
1,836
977
1,778
943
1,712
710
722
798
705
941
47
51
52
68
58
66
52
71
57
71
5,335
5,290
5,376
5,162
5,217
878
831
810
789
779
IS
1
264
166
166
8SO
819
923
864
900
14
12
Monthly averages:
January. , _ _ „ _ _ . _
February
__,_
March
April
May... — --June
--July
August
September
October „.„..
No vember. ......
DeCQinber
5,583
5,489
5,471
5,322
5,233
5,050
5,129
5,010
5,032
4,641
4,520
4,455
3,111
3,079
3,176
3,080
3,039
2,846
2,764
2,640
2,657
2,369
2,277
2,237
1,025
1,073
1,216
1,203
1,159
997
936
825
824
584
499
468
107
113
119
119
119
113
126
127
119
89
88
87
1,979
1,893
1,841
1,758
1,761
1,736
,702
,688
,714
,696
,690
1,682
2,472
2,410
2,295
2,242
2,194
2,204
2,365
2,370
2,375
2,272
2,243
2,218
2,323 1,254 ,069
2,476 1,353 ,123
2,504 1,391 ,113
2,567 ,414 ,153
2,642 ,460 ,182
2,644 ,523 .121
2,651 ,608 ,043
2,623 ,600 ,023
2,712 ,652 ,060
2,825 ,750 1,075
2,738 ,705 1,033
978
2,710 ,732
857
802
824
800
832
840
863
817
826
801
732
775
61
48
43
43
49
43
43
55
56
62
54
55
91
93
110
108
87
109
103
76
S3
78
66
63
Date or month
Jan. 7..
Jan. 14
Jan 21
Jan 28
1931
Total
loans
.and
investments
6
13
20
27
4.......™--.-.
11 . .....
..
18..- — -~~
25
Dec. 2 _ „ „
7,906
7,965
7,975
7,889
7,875
7,694
7,780
7,633
7,744
7,466
7,258
7,165
On securities
,636
,586
,563
,615
5,879 ,188
5,827 ,246
5,870 1,210
5,767 ,227
5,826 ,256
5,652 ,200
5,828 ,167
5,674 ,119
5,733 ,092
992
5,540
5,372
906
818
5,276
17
4
10
1III"
8
98
289
5
19 ,280
2
14 ,302
76 ,315
90 ,249
22 ,232
55 ,145
85 ,273 . _ _ _ - .
26 ,118
3
76 ,087
74
72 1,003
29
929
16
877
83
123
177
REPORTING MEMBER BANKS
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 191S-1941-Continued
[Wednesday figures. In millions of dollars]
Loans
Investments
Total
BorrowReings
Net
U.S.
Balserves
with Cash ances de- Time Gov- Inter- at
U.S.
in
with mand de- ern- bank FedGovFederal
ern- Other eral vault do-,
To brokers
All
de- posits ment demestic posits
and dealers
To other Total ment secu- Rede- posits Reposits
banks
others
Total
serve
direct rities serve
Bank
OutBank
obligaIn
side
tions
N.Y. N,Y
City City
7,039
6,988
6,838
6,819
4,472
4,465
4,416
4,385
2,223
2,216
2,205
2,194
420
403
370
364
85
85
83
81
1,718
1,728
1,752
1,749
2,249
2,249
2,211
2,171
2,567 ,722
2,523 1,676
2,422 ,578
2,454 1,547
845
847
844
907
705
685
682
682
52
51
48
47
68
61
58
58
5,148
5,066
5,003
5,050
775
789
779
756
139
124
118
111
942
867
862
844
60
45
15
15
6,794
6,638
6,603
6,544
4,359
4,292
4,289
4,250
2,178
2,124
2,112
2,092
351
322
341
340
81
79
77
76
1,746
1,723
1,694
1,676
2,181
2,168
2,177
2,158
2,435 1,593
2,346 1,520
2,314 1,496
2,294 ,477
842
826
818
817
654
646
633
623
43
50
41
44
105
99
103
100
4,809
4,744
4,735
4,693
758
757
743
742
249
219
201
175
836
819
815
804
35
15
20
20
Mar. 2
Mar. 9
Mar 16
Mar 23
Mar, 30
6,540
6,421
6,617
6,486
6,541
4,269
4,174
4,148
4,048
4,074
2,109
2,097
2,066
2,009
2,043
353
388
357
325
364
76
76
74
74
74
1,680
1,633
1,635
1,610
1,605
2,160
2,077
2,082
2,039
2,031
2,271 1,445
2,247 1,437
2,469 1,643
2,438 ,601
2,467 ,610
826
810
826
837
857
639
643
648
659
689
40
41
38
40
43
96
77
85
' 73
70
4,727
4,701
4,739
4,666
4,814
744
756
751
753
758
140
95
253
214
193
876
836
909
885
902
15
Apr. 6
Apr 13
Apr. 20
Apr 27
6,455
6,420
6,568
6,525
3,992
3,944
4,008
3,958
1,979
1,933
1,950
1,925
358
334
363
356
72
67
72
71
1,549
1,532
1,515
1,498
2,013
2,011
2,058
2,033
2,463 1,596
2,476 1,589
2,560 ,643
2,567 ,652
867
887
917
915
700
754
707
832
40
40
39
40
64
68
62
69
4,790
4,866
4,946
5,040
760
755
771
779
152
995
129 1,014
82 1,040
'67 1,099
May
May
May
May
4
11
18
25
6,727
6,673
6,604
6,583
3,963
3,890
3,879
3,825
1,908
1,845
1,840
1,810
370
313
298
282
70
70
69
68
1,468
1,462
1,473
1,460
2,055
2,045
2,039
2,015
2,764 1,820
2,783 1,826
2,725 ,759
2,758 ,781
944
957
966
977
820
821
850
899
39
40
43
42
72
67
68
62
5,071
5,094
5,092
5,133
773
776
766
766
185
139
120
101
1,153
1,133
1,098
1,108
June 1
June 8
June 15
June 22
June 29
6,635
6,430
6,645
6,462
6,534
3,875
3,703
3,824
3,645
3,653
1,815
1,737
1,759
1,720
1,696
301
268
298.
259
251
68
67
66
65
65
1,446
1,402
1,395
1,396
1,380
2,060
1,966
2,065
1,925
1,957
2,760
2,727
2,821
2,817
2,881
,777
,789
,878
,881
,921
983
938
943
936
960
781
741
742
762
696
40
41
40
40
45
75
66
76
71
77
5,065
4,967
5,013
4,898
4,934
767
759
758
755
756
90
40
166
143
123
1,100
1,082
1,093
1,054
1,021
July 6
July 13
July 20
July 27
6,420
6,391
6,285
&.317
3,564
3,606
3,499
3.492
1,647
1,650
1,648
1,630
239
253
244
244
66
64
63
62
1,342
1,333
1,341
1,324
1,917
1,956
1,851
1,862
2,856
2,785
2,786
2,825
,901
,831
,839
,870
955
954
947
955
688
728
750
778
42
40
38
40
77
76
74
74
4,885
4,916
4,857
4,898
762
764
774
800
71.
43
29
20
1,051
1,081
1,066
1,060
Aug 3
Aug. 10
Aug 17
Aug. 24
Aug. 31
6,555
5,515
6,501
6,473
6,543
3,501
3,493
3,482
3,454
3,451
1,669
1,672
1,662
1,651
1,632
246
259
258
269257
61
61
62
61
61
1,362
1,352
1,342
1,321
1,314
1,832
1,821
1,820
1,803
1,819
3,055
3,022
3,019
3,019
3,092
2,087
2,065
2,073
2,067
2,116
968
957
946
952
976
720
782
789
862
866
37
39
37
38
38
90
88
81
67
74
4,920
4,953
4,957
5,025
5,124
802
820
827
830
828
162.
136
112
98
80
1,114
1,149
1,157
1,156
1,207
Sept 7
Sept 14
Sept. 21
Sept. 28
6,575
6,599
6,796
6,801
3,478
3,493
3,468
3,479
1,646
1,686
1,662
1,683
286
347
321
338
62
61
62
62
1,298
1,278
1,279
1,283
1,832
1,807
1,806
1,796
3,097
3,106
3,328
3,322
988
2,109
2,108
998
2,344 984
2,321 1,001
836
957
924
961
39
43
36
38
71
69
70
73
5,142
5,295
5,218
5,296
820
816
824
829
64
64
273
27a
1,233
1,300
1,256
1,270
Oct 5
Oct. 12
Oct. 19
Oct 26
6,779
6,906
6,989
6,982
3,425
3,450
3,475
3,384
1,669
1,654
1,653
1,569
340
349
348
270
62
61
63
62
1,267
1,244
1,242
1,237
1,756
1,796
1,822
1,815
3,354
3,456
3,514
3,598
2,350
2,422
2,469
2,548
94&
,004
913
,034
,045
959
,050 1,055
38
39
3&
37
83
83
81
81
5,277
5,365
5,406
5,476
843
867
887
913
267
246
265
247
1,354
1,371
1,389
1,3.90
Nov
Nov
Nov
Nov
Nov
6,998
7,044
7,026
7,057
7,169
3,404
3,420
3,381
3,443
3,498
1,576
1,570
1,555
1,567
1,598
280
279
264
270
275
63
62
62
62
62
1,233
1,229
1,229
1,235
1,261
1,828
1,850
1,826
1,876
1,900
3,594
3,624
3,645
3,614
3,671
2,534
2,555
2,576
2,538
2,578
,060
,069
,069
,076
,093
1,006
969
1,026
1,039
1,047
34
41
36
4,2
42
87
82
85
78
90
5,466
5,476
5,558
5,595
5,768
901
910
910
904
893
236
214
205
193
186
1,403
1.419
1,444
1,439
1,480
Dec 7. .
Dec 14 t
Dec, 21
Dec. 28
7,060
7,052
7,055
7,020
3,473
3,432
3,486
3,450
1,625
1,619
1,620
1,612
315
317
313
319
61
60
66
60
1,249
1,242
1,241
1.233
1,848
1,813
1,866
1,838
3,587
3,620
3,569
3,570
995
2,546 ,041
2,523 ,097 1,055
2,502 ,067 1,066
2,481 1,089 1,103
39
44
52.
44-
86
85
87
81
5,606
5,692
5,674
5,728
895
898
885
883
160
153
176
163
1,444
1,467
1,450
Iv457
Monthly averages:
January _
..
February ,
March
April
May
June- _-,
July
August
September . . .
October
N ovember
December , . .
6,921
6,645
ft. 521
6,492
6,647
6,541
6,353
6,517
6.692
6,914
7,059
7,047
4,429
4,298
4,143
3,976
3,889
3,740
3,540
3,476
3,479
3,433
3,429
3,460
2,209
2,127
2,065
,947
,851
,745
,644
,637
,669
,636
1,573
1,619
389
339
357
353
316
275
245
258
323
327
274
316
688
861
83 1,737 2,220 2,492 ,631
78 1,710 2,171 2,347 1,521
639>
826
656,
75 ,633 2,078 2,378 1,547
831
70 ,524 2,029 2,516 1,620
748
896
848
69 ,466 2,038 2,758 1,797
961
744
952
66 ,404 1,995 2,801 1,849
736
953
64 ,335 1,896 2,813 1,860
960
61 ,338 1,819 3,041 2,081
804
919
993
62 ,284 1,810 3,213 2,220
968
62 ,247 1,797 3,481 2,447 1,034
62 ,237 1,856 3,630 2,556 1,074 1,017
62 ,241 1,841 3,587 2,513 1,074 1,055
49
44
40
40
41
41
40
38
39
37
39
45
61
102
80
66
67
74
75
80
71
82
84
85
5,067
4,745
4,729
4,910
5,098
4,976
4,889
4,996
5,238
5,381
5,573
5,675
775
750
752
766
770
759
775
821
822
878
904
890
123
879
$18 ,
211
882
179
108 1,037
136 1,123
112 ,070
,065
,157
169 ,265
256 ,369
207 1,437
163 1.454
Date or month
Jan. 6
Jan. 13
Jan. 20
Jan. 27
1932
Feb. 3
Feb. 10
Feb. 17
Feb. 24
.
2
9
16
23 „
30
Total
loans
and
investments
On securities
iS
34
23
3
BANKING AND MONETARY STATISTICS
178
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, UIMMI-Continued
[Wednesday figures. In millions of dollars]
1
Loans
Total
loans
and
investments
Date or month
Jan. 4
Jan. 11
Jan, 18
Jan. 25
1933
. . 7,037
7,055
. . 7,088
.
7,132
i
Investments
BorrowReU.S.
Net
Balserves
ings
with Cash ances
Time Gov- 1 Inter- at
deU.S.
ern- bank Fedwith mand dein
FedGovern- Other eral vault doAll
eral
de; posits ment deTo brokers
mestic posits
To other Total ment secu- Reand dealers
de- posits Rebanks
others
Total
posits
direct rities serve
serve
Bank
obligaOutBank
In
tions
side
N.Y. N.y.
City City
On securities
Total
3,433 1,584
3,402 ,580
3,408 ,559
3,398 ,562
320
306
292
302
59
61
61
60
1,205
1,213
1,206
1,200
1,849
1,822
1,849
1,836
3,604
3,653
3,678
3,734
2,502
2,560
2,609
2,631
1,102
1,093
1,069
1,103
1,052
1,147
1,099
1,028
42
40
37
36
98
85
79
78
5,733
5,880
5,845
5,871
894
894
914
871
133
112
102
93
1,542
1,816
1,609
1,616
7,222
7,073
7,078
6,809
3,521
3,405
3,472
3,274
,643
,606
,614
,621
377
344
348
347
61
61
62
63
1,205
1,201
1,204
1,211
1,878
1,799
1,858
1,653
3,701
3,668
3,606
3,535
2,600
2,572
2,522
2,452
1,101
1,096
1,084
1,083
967
924
775
782
34
38
42
48
78
75
73
72
5,862
5,717
5,545
5,380
859
849
847
803
114
92
71
54
1,655
1,537
1,418
1,176
1
.... . 6,512
6,412
8
f
6,523
15.
6,484
22
6,457
29 ... .
3,079
3,121
3,157
3,151
3,118
,640
,668
,674
,626
,555
335
332
304
306
275
63
63
62
61
61
1,242
1,273
1,308
1,259
1,219
1,439
1,453
1,483
1,525
1,563
3,433
3,291
3,366
3.333
3,339
2,338
2,186
2,253
2,210
2,185
1,095
1,105
1,113
1,123
1,154
683
618
669
609
739
92
131
85
56
50
62
53
55
54
55
4.983
4,481
4,518
4,640
4,827
776
749
740
739
737
34
11
170
170
170
898
690
756
859
930
183
632
483
147
84
6,439
6,455
6,439
6,627
3,063
3,092
3,073
3,225
,548
,535
,538
,611
287
287
303
381
60
61
60
58
1,201
1,187
1,175
1,172
1,515
1,557
1,535
1,614
3,376
3,363
3,366
3,402
2,215
2,208
2,236
2,269
1,161
1,155
1,130
1,133
734
830
882
874
46
46
40
41
62
57
58
59
4,906
5,032
5,136
5,372
748
740
749
748
170
170
117
87
1,050
1,101
1,138
1,212
18
27
23
6,753
6,790
6,847
6,786
... 6,933
3,291
3,305
3,352
3,287
3,427
1,676
1,711
1,735
1,663
1,733
433
483
535
481
553
58
58
59
58
58
1,185
1,170
1,141
1,124
1,122
1,615
1,594
1,617
1,624
1,694
3,462
3,485
3,495
3,499
3,506
2,353
2,357
2,378
2,384
2,429
1,109
1,128
1,117
1,115
1,077
734
797
823
913
868
38
38
36
37
44
90
81
81
75
77
5.318
5,425
5,558
5,601
5,749
731
723
692
685
688
124
112
105
105
105
1,186
1,251
1,300
1,300
1.356
June 7
June 14., .
June 21
June 28.. . .
6,970
6,903
7,039
6,913
3,459
3,517
3,455
3,400
1,777
1,840
1,813
1,791
616
694
681
660
59
60
38
39
1,102
1,086
1,094
1,092
1,682
1,677
1,642
1,609
3,511
3,476
3.584
3,513
2,443
2,388
2,484
2,438
1,068
1,078
1,100
1,075
856
907
794
788
38
40
37
39
85
77
79
76
5,758
5,869
5,522
5,428
687
687
752
749
87
76
290
290
1,398
1,474
1,278 ......
1,248
July 5
July 12
July 19
July 26.
6,937
6,932
6,858
6,731
3,454
3,503
3,458
3,369
1,847
1,894
1,862
1,790
745
803
787
718
39
43
46
43
1,063
1,048
1,029
1,029
1,607
1,609
1,596
1,579
3,483
3,429
3,400
3,362
2,409
2,354
2,332
2,293
1,074
1,075
1,068
1,069
703
742
740
782
42
40
37
38
85
73
71
66
5,374
5,420
5,318 i
5,263
785
782
795
783
278
265
265
254
1,265
; 1,228
1,162 ......
1,099
6,732
6,722
„ _ _ 6,743
. . . 6,685
6,726
3,374
3,365
3,403
3,346
3,385
1,778
1,775
1,800
1,757
1,794
699
702
723
686
718
43 1,036 1,596 3,358 2,300 1,058
40 1,033 1,590 3,357 2,307 1,050
41 1,036 1,603 3,340 2,299 1,041
40 ,031 1,589 3,339 2,287 1,052
41 ,035 1,591 3,341 2,293 1,048
749
761
783
862
860
36
37
36
36
41
72
@8
67
64
64
5,221
5,244
5,128
5,199
5,257
776
772
776
755
755
254
254
403
393
3S3
1,116
1,142 I
1,079
1,091 ......
1,125
Sept. 6.
Sept, 13
Sept. 20_
Sept. 27
6,711
6,744
6,742
6,698
3,405
3,444
3,374
3,344
1,795
1,820
1,743
1,731
718
747
672
652
43
43
43
45
,034
,030
,028
,034
1,610
1,624
1,631
1,613
3,306
3,300
3,368
3,354
2,257
2,252
2,314
2,297
1,049
1,048
1,054
1,057
847
903
879
881
38
38
37
39
66
67
67
69
5,200
5,296
5,278
5,244
757 ! 388 1,130
761
388 1,181 j
761
388 1,179
388 1,122
763
Oct. 4....
Get, 11.
Got. 18.. _.
Oct. 26.
6,728
6,733
6,782
6,670
3,365
3,389
3,461
3.377
1,699
1,683
1,712
1,636
632
617
643
574
45
47
48
46
,022
,019
,021
,016
1,666
1,706
1,749
1,741
3,363
3,344
3,321
3,293
2,271
2,236
2,226
2,194
1,092
1,108
1,095
1,099
814
824
878
919
39
45
38
37
75
72
75
81
5,195
5,208
5,331
5,311
766
762
757
757
388
3SS
351
326
! 1,155
! 1,135
1,219
1,191
Nov.!
Nov. 8
Nov. 15
Nov. 22 .
Nov. 29
6,822
6,778
6,764
6,719
6,804
3,425
3,428
3,393
3,346
3,441
1,666
1,657
1,624
1,618
1,651
594
580
552
542
565
47
46
43
42
43
,025
,031
,029
,034
,043
1,759
1,771
1,769
1,728
1,790
3,397
3,350
3,361
3,373
3,363
2,274
2,231
2,231
2,230
2,225
1,123
1,119
1,130
1,143
1,138
859
796
829
835
768
36
44
39
39
49
84
77
79
74
72
5,283 j 761
775
5,169
774
5,180
772
6,214
751
5,274
453
446
428
406
364
1,226
1,179
1,179
1,144
1,148
Deo.
Dec.
Deo,
Dee.
6..
13.............
20
27
6,733
6,650
6,780
6,756
3,367
3,344
3,361
3,386
1,630
1,663
1,666
1,722
562
586
577
628
43
43
44
43
,025
,034
,045
,051
1,737
1,681
1,695
1,664
3,366
3,306
3,369
3,370
2,249
2,251
2,269
2,253
1,117
1,055
1,100
1,117
731
798
797
789
40
43
53
46
71
78
78
75
5,185
5,210
5,141
5.257
732
721
707
693
349
327
414
386
1,117
1,111
1,092
1,125
Monthly averages:
January
February.. ._.,„..
Mareh..
„_„_
ApriL „ . _ _ _ „
May
Jun®
July
August „... „ „_
September
October
November
December.. „ .....
7,077
•7,046
6,477
6,490
6,821
6,979
6,885
6,722
6,724
6,728
6,775
6,717
3,410
3,418
3,125
3,113
3,332
3,458
3,446
3,375
3,392
3,398
'3,406
3,364
1,571
1,621
1,633
1,558
1,704
1,805
1,848
1,781
1,772
1,683
1,643
1,670
305
354
311
314
497
663
763
706
697
617
567
588
60 ,206
62 ,205
62 ,260
60 ,184
58 ,149
49 ,093
43 ,042
41 ,034
44 ,031
46 ,020
44 ,032
43 1,039
1,839
1,797
1,492
1,555
1,628
1,653
1,598
1,594
1,620
1,715
1,763
1,694
3,667
3,628
3,352
3,377
3,489
3,521
3,419
3,347
3,332
3,330
3,369
3,353
2,575
2,537
2,234
2,232
2,380
2,441
2,347
2,297
2,280
2,232
2,238
2,256
1,092 1,082
862
1,091
664
1,118
830
1,145
827
1,109
836
1,080
742
1,072
803
1,050
1,052
878
859
1,098
817
1,131
1,097
779
39
41
83
1-3
39
39
39
37
38
40
41
46
SS
74
56
59
§1
79
74
67
67
76
77
76
5,832
5,626
4,690
5,112
5.530
5,644
5,344
5,210
5,255
5,261
5,224
5,198
893
839
748
746
704
719
786
767
760
761
767
713
110
83
111
136
110
186
265
338
3§8
363
419
369
1,598
1,446
829
1,125
1,279
1,349
1,188
1,111
1,153
1,175
1,175
1,111
Feb. 1
Feb. 8^
Feb. 15
Feb. 22
Mar.
Mar.
Mar.
Mar.
Mar.
Apr. 5
Apr. 12
Apr. 19
Apr. 26
May3
May 10
May 17
May 24
May 31
Aug. 2
Aug. 9
Aug. 16
Aug. 23.
Aug. 30
loir
17
REPORTING MEMBER BANKS
179
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
loans
and
investments
Date or month
Jan.
Jan.
Jan.
Jan.
Jan.
3
10
17
24
31
19341
., 6,707
6,536
6,579
6,569
6,986
Total
BorrowReNet
U.S.
Balings
serves
On securities
de- Time Gov- Inter- at
with Cash ances
U.S.
with maud de- ern- bank Fedin
GovFedde- posits ment de- eral
ern- Other eral vault doAll
To brokers
mestic posits
de- posits ReTo other Total ment secu- Reand dealers
posits
banks
direct rities serve
Total
serve
others
Bank
Bank
obligaOut^
tions
side
In
N.Y. N.Y.
City City
3,414'
3,268
3,279
3,312
3,466
1,744
1,624
1.620
1,646
1,748
665
561
564
587
688
44
44
44
43
43
1,035
1,019
1,012
1,016
1.017
1,670
1,644'
1,659
1,666
1,718
3,293
3,268
3,300
3,257
3,520
2,187
2,170
2,185
2,201
2,421
1,106
1,098
1,115
1,056
1,099
821
879
846
902
749
42
41
37
38
37
83
71
74
74
76
5,319
5,260
5,335
5,384
5,342
700
697
696
708
707
335
272
224
184
487
,178
,174
,221
,276
,260
Feb. 7
Feb. 14...
Feb. 21
Feb. 28
6,964
6,922
7,096
7,006
3,420
3,411
3,476
3,331
1,729
1.677
1,769
1,669
696
651
744
651
45
45
46
47
988
981
979
971
1,691
1,734
1,707
1,662
3,544
3,511
3,620
3,675
2,485
2,448
2,553
2,585
1,059 748
1,063 810
1,067 850
1,090 1,091
38
41
42
39
75
75
76
83
5,331
5,361
5,368
5,491
710
704
686
682
501
501
717
761
,312
,322
,320
,334
Mar.
Mar.
Mar.
Mar.
7,069
7,213
7,199
7,193
3,310
3,406
3,324
3,292
1,649
1.733
1,687
1,663
641
727
698
688
48
48
48
47
960
958
941
928
1,661
1,673
1,637
1,629
3,759
3,807
3,875
3,901
2,668
2.704
2,717
2.720
1,091
1,103
1,158
1,181
,181
,170
,218
,242
38
41
37
40
82
86
85
82
5,580
5,709
5,737
5,791
679
675
690
699
797
797
797
762
,414
,495
,512
,478
Apr. 4
Apr. 11...
Apr. 18
Apr. 25
7,296
7,405
7,238
7,138
3,375 ,720
3,431 1,756
3,324 ,723
3,268 ,674
751
794
779
740
47
48
48
46
922
914
896
888
1,655
1,675
1,601
1,594
3,921
3,974
3,914
3,870
2,717
2,804
2,742
2,716
1,204
1,170
1,172
1,154
,206
,142
,236
,351
38
39
37
38
90
82
84
73
5,919
5,989
5,971
6.042
699
696
690
689
739
713
679
649
,555
,581
,578
,554
May 2
May 9
May 16
May 23 ..
May 30
7,142
7,055
7,022
7,001
7,034
3,290
3,284
3,232
3,192
3,204
,729
,718
,663
,644
.646
756
731
725
689
698
46
46
46
46
45
927
941
892
909
903
1,561
1,566
1,569
1,548
1,558
3,852
3,771
3,790
3,809
3,830
2,699
2,727
2,738
2,752
2,760
1,153
1,044
1,052
1,057
1,070
,194
,257
,264
,335
,356
37
39
37
38
40
83 5,975
78 5,985
78 5,969
76 6,028
70 6,097
668
670
675
674
676
588
575
561
551
539
,522
,593
,594
,600
,577
June 6
June 13
June 20.
June 27
7,141
7,144
7,211
7,265
3,277
3,280
3,262
3,236
,727
,728
,741
.711
771
787
815
793
54
53
55
54
902
888
871
864
1,550
1,552
1,521
1,525
3,864
3,864
3,949
4,029
2,791
2,802
2,873
2,926
1,073
1,062
1,076
1,103
1,304
1,354
1,327
1,376
39
40
37
41
87 6,150
85 6,225
87 6,049
82 6,161
679
682
696
692
539
611
733
733
,642
,663
,582
,581
7,303
7,288
7,273
7,227
3,276
3,251
3,201
3,184
,749
,752
,718
,690
841
833
804
783
55
55
57
55
853
864
857
852
1,527
1,499
1.483
1,494
4,027
4,037
4,072
4,043
2,928
2,934
2,938
2,918
1,099
1,103
1,134
1,125
1,234
1,295
1,331
1,366
38
39
37
38
96
88
86
82
6,115
6,144
6,178
6.209
691
697
682
678
733
733
733
704
,603
,656'
,654
,645
7,191
7,108
7,132
7,105
7,098
3,100 ,571
3,041 ,520
3,034 ,520
3,019 1,503
3,016 1,485
667
613
615
602
581
53
53
53
55
60
851
854
852
846
844
1,529
1,521
1,514
1,516
1,531
4,091
4,067
4,098
4,086
4,082
2,903
2,878
2,886
2,883
2,866
1,188
1,189
1,212
1,203
1,216
1,367
1,415
1,419
1,451
1,493
38
38
40
37
38
65
60
65
64
62
6,215
6,162
6,205
6,217
6,280
677
675
669
664
659
704
704
684
675
659
,612
,590
,601
,554
,556
6,675
6,997
7,168
7,269
7,050
7,190
7,273
7,098
3,348
3,410
3,333
3,349
3,240
3,264
3,228
3,016
,676
,711
,683
,718
,680
,727
,727
,485
613
685
688
766
720
792
815
581
43 1,020 1,672 3,327 2,233 1,094
46 980 1,699 3,587 2,517 1,070
48 947 1,650 3,835 2,702 1,133
47 905 1,631 3,920 2,745 1,175
46 914 1,560 3,810 2,735 1,075
54 881 1,537 3,926 2,848 1,078
56 856 1,501 4,045 2,930 1,115
60 844 1,531 4,082 2,866 1,216
839
875
,203
,234
,281
,340
,306
,429
39
40
39
38
38
39
38
38
76
77
84
82
77
85
88
63
5,328
5,388
5,704
5,980
6,011
6,146
6,161
6,216
702
695
686
694
673
688
687
669
300
620
788
695
563
629
726
685
,222
,322
,475
,567
,577
,617
,640 -----,583
7
14
21
28
July 4..
July 11
July 18
July 25
Aug. 1
Aug. 8
Aug. 15
Aug. 22 ._
Aug. 29
.
. .
Monthly averages:
January _
February
March
April
May
June
July
August
1
Report form changed on September 5, 1934; see next two pages for remainder of 1934.
BANKING AND MONETARY STATISTICS
180
NO. 4S-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITY[Wednesday figures. In millions of dollars]
Investments
Loans
Total
loans
and
investments
Date or month
Total
To
brokers To
and others
on
dealers
secuin
secu- rities
rities
Other
Open
Real
loans
To marbanks ket
estate
to
paper
customers
U. S. Government
obligations
Total
Total
Direct
Guaranteed
Reserves Cash
with
in
Other Federal vault
secu- Resero
rities Bank
Balances
with
domcstic
banks
1934
Sept. 5. _ _ „ „ _ _ _ „ _
Sept. 12
Sept. 19
Sept . 26 .
7,186
7,150
7,065
7,077
3,117
3,098
3,027
3,022
675
652
605
603
809
806
792
790
137
138
137
137
,190
,185
,186
,191
65
71
59
60
241
241
248
241
4,069
4,057
4,038
4,055
3,079
3,070
3,078
3,065
2,827
2.816
2,826
2,813
'252
'254
1252
'252
1990
»987
'960
>990
1,332
1,331
1,348
1,448
38
40
37
40
59
60
59
67
Oct.
Oct.
Oct.
Oct.
Oct.
7,077
7,092
7,118
7,114
7,123
3,025
3,045
3,079
3,087
3,071
590
593
626
636
614
789
788
786
778
780
136
135
134
134
134
,208
,228
,223
,227
,237
61
58
67
70
64
241
243
243
242
242
4,052
4,047
4,039
4,027
4,052
3,015
3,032
3,029
3,033
3,058
2,794
2,812
2,800
2,798
2,804
221
220
229
235
254
1,037
1,016
1,010
994
994
1,398
1,423
1,381
1,388
1,425
39
45
38
40
44
64
60
64
62
59
3...
10.,™.,,.,
17.
24
31.
....
Nov.
Nov.
Nov.
Nov.
7 ..
14
21 ._
28
7,123
7,024
6,990
7,064
3,029
3,012
3,002
3,014
576
568
572
676
781
786
780
789
133
133
133
133
,223
,218
,213
,219
70
69
69
69
246
238
235
228
4,094
4,012
3,988
4,050
3,095
3,08S
3,077
3,113
2,830
2,825
2,813
2,841
265
264
264
272
999
923
911
937
1,339
1,402
1,529
1,463
52
48
45
52
64
63
61
58
Dec.
Dec.
Dec.
Dec.
5
12
19. .;. ,
26
7,186
7,213
7,388
7,335
3,082
3,058
3,075
3,005
639
633
658
626
798
799
790
790
134
133
133
132
,205
,188
,197
,174
83
79
69
61
223
226
228
222
4,104
4,155
4,313
4,330
3,164
3,213
3,330
3,353
2,891
2,941
3,060
8,086
273
272
270
267
940
942
983
977
1,335
1,372
1,359
1,415
47
49
54
59
70
74
75
73
7,120
7,105
7,050
7,281
3,065
3,062
3,014
3,055
634
612
573
639
799
784
784
794
137
135
133
133
1,188
1,225
1,218
1,191
64
64
69
73
243
242
237
225
4,055
4,043
4,036
4,226
3,073
3,033
3,093
3,266
2,820
2,801
2,827
2,995
253
232
266
271
982
1,010
943
960
1,365
1,403
1,433 i
1,375
39
41
49
52
58
62
62
73
Monthly averages:
September
October.
November
December.
1
Securities guaranteed by U. S. Government as to interest only are included with fully guaranteed obligations.
REPORTING MEMBER BANKS
181
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-ConUnuejf
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Oct.
Oct
Oct.
Oct.
Oct.
Nov.
Nov.
Nov.
Nov.
7
14
21
28
Dec.
Dec.
Dec.
Dec.
5
12
19
26
Interbank
518
508
488
431
764
762
772
791
9,897
9,831
9,769
9,844
4,653
4,606
4,534
4,673
4,888
4,874
4,780
4,895
283
240
242
209
598
597
599
599
1,571
1,577
1,575
1,556
112
109
114
114
654
654
655
656
1
1
1
1
6
4
3
3
1
4
1
315
326
337
350
1,468
1,405
1,482
1,481
467
469
588
474
602
806
814
804
802
809
9,852
9,903
9,993
9,880
10,062
4,620
4,642
4,684
4,745
4,775
4,868
4,905
4,971
4,973
5,127
219
206
301
246
250
600
600
516
,473
473
1,600
1,630
1,651
1,632
1,653
109
107
113
104
113
660
659
649
649
644
1
1
1
1
3
2
3
3
3
1
1
1
329
332
326
335
332.
1,462
1,461
1,462
1,463
1,466
..
598
594
479
589
814
799
782
774
9,990
9,930
9,888
10,000
4,732
4,677
4,744
4,786
5,088
5,028
5,002
5,105
242
243
221
270
473
454
437
420
1,636
1,643
1,679
1,650
101
102
110
120
639
634
625
622
1
1
1
1
3
3
3
2
1
1
2
3
339
354
339
345
1,467
1,497
1,467
1,462
.. ...
572
604
596
510
763
762
748
752
9,993
10,074
10,220
10,144
4,731
4,747
4,674
4,726
4,979
5,069
4,944
5,001
324
282
326
235
425
425
735
735
1,713
1,762
1,727
1,679
116
112
114
118
600
596
592
595
1
1
1
1
2
2
3
6
3
9
1
361
350
309
307
1,469
1,486
1,468
1,487
486
520
565
571
772
807
792
756
9,840
9,938
9,931
10,108
4,617
4,693
4,735
4,719
4,859
4,969
5,056
4,998
244
245
244
292
598
532
446
580
1,570
1,633
1,652
1,720
112
109
108
115
655
652
630
596
1
1
1
1
4
3
3
3
1
1
2
3
332
330
344
332
1,484
1,463
1,485
1.488
_
_
Interbank
Other
assets
1934
3
10
17
24
31
IndividCertiuals,
fied
Demand corpoU.S.
and
deposits rations,
adjusted
officers' Governetc.,
States checks, ment
Total
etc.
and
liabilities
political
subdivisions
Cash
items
in
process
of
collection
Date or montb
Sept. 5
Sept. 12
Sept. 19
Sept. 26
Total
assets
__
.
. _ „„
_
..
Monthly averages:
September October
November ..
December
Domestic
Total
except
interForeign bank
Do- Foreign
mestic
Borrow- Other Capital
acings liabilicounts
ties
BANKING AND MONETARY STATISTICS
182
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITY[Wednesday figures. In millions of dollars]
Loans
Total
loans
and
investments
Date or month
1935
Jan. 2
Jan. 9
Jan. 16_
Jan. 23
Jan. 30.^^.
Total
To
brokers To
and others
on
dealers
in
secusecu- rities
rities
Investments
Other
Open
mar»
To
loans
Real
banks ket
to
estate
custompaper
ers
U. S. Government
obligations
Total
Total
Direct
Guaranteed
Reserves Cash
with
in
Other Federal vault
secu- Reserve
rities Bank
Balancai
with
domestic
banks
7,346
7,332
7,487
7,465
7,422
3,004
2,959
3,004
3,011
2,980
652
618
658
634
614
773
768
779
792
792
130
130
131
131
131
1,160
1,147
1,147
1.148
1,147
62
65
62
66
64
227
231
227
240
232
4,342
4,373
4,483
4,454
4,442
3,376
3,396
3,477
3,451
3,422
3,103
3,127
3,209
3.179
3,150
273
569
268
272
272
966
977
1,006
1,003
1,020
1,501
1,527
1,505
1,646
1,720
50
45
40
42
49
83
71
73
74
73
.„
7,363
7,392
7,307
7,401
2,940
2,988
2,961
2,992
593
623
000
038
790
785
785
764
131
131
131
131
1,141
1,163
1,102
1,170
01
64
50
01
224
222
227
228
4,423 3,412
4,404 3,394
4,346 ' 3,365
4,409 : 3,393
3,129
3,117
3,090
3,108
283
277
275
285
1,011
1,010
981
1,016
1,804
1,765
1,826
1,773
50
57
53
54
72
77
72
67
.
7,547
7,602
7,539
7,566
3,094
3,080
3,023
2,989
731
732
663
658
779
773
780
769
131
130
130
130
1,181
1,183
1,185
1,164
51
50
54
48
221
212
211
220
4,453
4,522
4,516
4,577
3,412
3,474
3,476
3,506
3,128
3,198
3,202
3,230
284
276
274
276
1,041
,048
,040
,071
1,701
1,704
1,622
1,644
49
51
53
50
66
65
66
64
7,661
7,635
7,741
7,736
3,004
2,991
3,091
3,153
031
032
740
847
702
757
754
742
130
130
130
128
1,187
1,188
1,185
1,178
07
66
64
52
227
218
212
206
4,657
4,044
4,650
4,583
3,569
3,585
3,591
3,524
3,290
3,310
3,319
3,263
279
275
272
261
,088
,059
,059
,059
1,530
1,576
1,631
1,734
49
62
50
44
65
04
68
69
7,830
7,030
7,605
7,650
7,690
3,201
3,110
3,138
3,168
3,193
890
826
820
805
886
745
737
739
737
731
129
128
128
128
127
1,172
1,166
1,173
1,162
1,158
02
51
72
79
108
203
202
200
197
183
4,629
4,520
4,407
4,488
4,497
3,552
3,481
3,455
3,469
3,472
3,290
3,221
3,198
3,199
3,225
"262
260
257
270
247
,077
,039
,012
,019
1,025
1,699
1,679
1,749
1,764
1,806
41
42
45
45
49
70
73
71
72
71
June 5.
June 12
. .
June 19
June 26, .
„.
7,031
7,074
7,730
7,775
3,077
3,128
3,104
3,141
833
864
858
904
729
737
733
733
128
127
127
126
1,143
1,180
1,166
1,103
06
51
60
02
178
169
160
153
4,554
4,546
4,626
4,634
3,584
3,573
3,643
3.640
3,285
3,274
3,314
3,324
299
299
329
316
970
973
983
994
1,840
1,955
1,889
1,885
43
45
43
40
71
72
71
103
July 3
July l5
July 17
July 24
July 31
7,718
7,612
7,805
7,785
7,548
3,173
3,087
3,130
3,094
2,996
952
883
900
880
850
732
730
732
729
723
125
124
123
123
122
1,173
1,163
1,182
1,165
1,106
42
43
55
56
02
149
144
138
141
133
4,545
4,525
4,675
4,691
4,552
3,565
3,506
3,650
3,666
3,516
3,245
3,187
3,327
3,330
3,174
320
319
323
336
342
980
1,019
1,025
1,025
1,036
1,689
1,906
1,756
1,853
2,122
48
45
42
42
44
112
109
96
96
95
7,504
7,519
7,558
7,543
3,011
3,020
3,056
2,988
860
873
871
807
723
721
723
712
122
122
122
122
1,114
1,132
1,175
1,184
61
44
36
34
131
128
129
129
4,493
4,499
4,502
4,555
3,458
3,464
3,444
3,495
3,103
3,106
3,089
3,136
355
358
355
359
1,035
1,035
1,058
1,060
2,132
2,223
2,276
2,333
42
45
42
44
90
94
97
95
Sept. 4..
Sept. 11
Sept. 18
Sept. 26 . - . ...
7,580
7,056
7,852
7,882
3,014
3,075
3,077
3,101
852
903
872
856
710
704
706
714
122
123
123
123
1,163
1,182
1,191
1,203
41
34
54
70
120
129
131
135
4,566
4,581
4,775
4,781
3,496
3,520
3,608
3,678
3,125
3,148
3,326
3,312
371
372
372
366
1,070
1,061
1,077
1,103
2,250
2,294
2,118
2,223
45
49
47
50
94
93
96
91
Oct. 2
Oct. 9..
Oct. 16
Oct. 23
Oct. 30
7,822
7,793
7,704
7,658
7,694
3,123
3,077
3,069
3,013
3,010
879
825
818
832
828
728
727
721
715
713
123
123
123
123
123
1,213
1,217
1,223
1,158
1,158
44
49
44
44
41
136
136
140
141
147
4,099
4,716
4,635
4,645
4,684
3,634
3,647
3,586
3,562
3,571
3,268
3,280
3,209
3,181
3,189
306
367
377
381
382
1,065
1,069
1,049
1,083
1,113
2,267
2,251
2,331
2,416
2,442
49
57
53
55
58
89
85
82
82
76
6
13
20
27
7,734
7,812
7,817
7,949
3,056
3,083
3,091
3,212
839
855
856
887
723
723
731
732
123
123
123
123
1,182
1,187
1,177
1,187
44
45
48
114
145
150
156
169
4,678
4,729
4,726
4,737
3,640
3,698
3,719
3,705
3,258
3,317
3,346
3,332
382
381
373
373
1,038
1,031
1,007
1,032
2,388
2.415
2,460
2,435
60
58
55
61
83
82
79
81
Dec, 4.
Dec. 11
Dec. 18
Dec. 24
Dec. 31
7,856
7,883
7,993
7,955
7,917
3,189
3,199
3,207
3,190
3,261
919
950
945
954
1,014
734
744
757
746
743
124
124
124
128
127
,180
,172
,167
,150
,161
62
39
45
42
42
170
170
169
170
174
4,667
4,684
4,786
4,765
4,656
3,650
3,666
3,791
3,760
3,626
3,276
3,289
3,415
3,378
3,243
374 1,017 2,565
377 1,018 2,610
995 2,265
376
382 ! 1,005 j 2,264
383 1,030 2,446
57
59
61
63
57
87
80
88
79
77
Monthly averages:
January
February
March ._ „„„.
April
May
June ,
July
August
September
October
November
December
7,410
7,366
7,564
7,693
7,682
7,703
7,694
7,531
7,743
7,734
7,828
7, §21
2,991
2,970
3,047
3,060
3,162
3,113
3,096
3,019
3,067
3,058
3,110
3,209
636
014
696
714
859
865
893
853
870
837
859
956
780
781
775
754
737
733
729
720
709
721
727
745
130
131
131
130
128
127
123
122
123
123
123
125
,150
,159
,178
,184
,166
,163
,158
,152
,185
,194
,183
1,106
64
60
51
02
75
4,419
231
4,396
225
4,517
216
4,633
216
4,520
197
4,590
165
141 4,598
129 ' 4,512
4,676
130
4,676
140
4,718
155
4,712
171
3,425
3,391
3,467
3,567
3,486
3,610
3,581
3,465
3,598
3,600
3,691
3,699
3,154
3,111
3,189
3,295
3,227
3,299
3,253
3,108
3,228
3,225
3,313
3,320
271
280
278
272
259
311
328
357
370
375
378
379
45
53
51
49
45
44
44
43
48
54
59
60'
75
72
65
67
71
79
102
94
94
83
81
82
.„
„_
„
Feb. 6
Feb. 13
Feb. 20
Feb. 27
Mar.
Mar.
Mar.
Mar.
6
13
20
27
.....
Apr. 3
Apr. 10.,
Apr. 17
Apr.24..—
May 1
May 8... .May 15
May 22=
May 29
Aug. 7..
Aug. 14
Aug. 21
Aug. 28
Nov.
Nov.
Nov.
Nov.
-
.......
. . ..
. ,.
00
52
43
50
43
63
46
994
1,005
1,050
1,066
1,034
980
1,017
1,047
1,078
1,076
1,027
1,013
,579
,792
,668
,618
,739
,892
,865
2,241
2,221
2,341
2,424
2,430
183
REPORTING MEMBER BANKS
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Total
assets
Interbank
Cash
items
in
process
of
collection
Other
assets
1935
Jan. 2
Jan. 9
Jan. 16
Jan. 23 .
Jan. 30
952
522
633
590
585
763
749
748
715
699
10,695
10,246
10,486
10,532
10,548
4,727
4,731
4,770
4,846
4,882
5,206
4,957
5,074
5,138
5,135
473
296
329
298
332
735
731
731
713
680
1,796
1,786
1,871
1,868
1,869
113
110
108
128
152
598
598
602
611
608
Feb. 6
Feb. 13..
Feb. 20
Feb. 27.-
437
732
671
622
657
638
624
629
10,383
10,661
10,553
10,546
4,856
4,833
4,819
4,936
5,059
5,193
5,153
5.240
234
372
337
318
680
623
574
525
1,903
1,948
1,985
1,958
155
156
151
144
611
610
613
610
7
7
7
7
Mar.
Mar,
Mar.
Mar.
6
13
20
27.
853
547
583
598
648
626
604
611
10,864
10,595
10,467
10,533
,4,959
5,033
4,960
5,063
5,250
5,306
5,243
5,348
562
254
300
313
526
527
527
527
2,018
2,006
1,881
1,846
137
136
137
143
601
605
608
609
7
6
6
6
Apr.
Apr.
Apr
Apr.
3...
10
17
24.,
637
581
637
717
620
594
569
562
10,562
10,502
10,696
10,862
5,041
5,039
5,039
5,125
5,296
5,300
5,349
5,385
382
320
327
457
527
527
527
526
1,836
1,829
1,960
1,949
144
160
170
171
617
622
618
620
May 1
May 8 .
May 15
May 22..
May 29
1,199
532
691
543
576
569
557
569
601
605
11,408
10,513
10,730
10,681
10,797
5,188
5,120
5,142
5,276
5,330
5,722
5,369
5.461
5,528
5,603
665
283
372
291
303
495
457
429
410
383
1,994
1,867
1,923
1,896
1,883
164
168
169
187
260
623
620
621
620
608
7
7
7
7
6
June 5
June 12
June 19
June 26...
533
623
641
535
587
524
509
512
10,705
10,893
10,883
10,856
5,340
5,482
5,485
5,528
5,597
5,780
5,754
5,792
276
325
372
271
389
388
362
361
1,896
1,888
1,893
1,914
258
246
241
234
561
556
555
547
3
3
3
3
JulyS
July 10..
July 17
July 24.,
July 31
671
575
599
509
665
511
516
505
509
510
10,749
10,763
10,803
10,794
10,984
5,411
5,544
5,538
5,631
5,507
5,726
5,830
5,833
5,873
5,874
356
289
304
267
298
201
182
245
244
244
1,970
1,951
1,913
1,893
2,040
225
226
228
231
243
566
566
561
568
571
3
3
3
3
3
Aug. 7...
Aug. 14
Aug. 21
Aug 28
488
588
529
525
500
510
511
512
10,756
10,979
11,013
11,052
5,500
5,592
5,634
5,653
5,732
5,867
5,895
5,896
256
313
268
282
246
249
250
247
1,993
2,007
2,036
2,055
228
238
244
245
599
601
602
599
3
4
4
4
Sept. 4
Sept. 11
Sept. 18
Sept, 25
471
571
665
659
501
494
495
505
10,941
11,157
11,273
11,410
5,603
5,638
5,583
5,760
5,835
5,925
5,939
6,010
239
284
309
409
230
231
297
297
2,089
2,179
2,175
2,085
238
233
236
265
591
588
586
592
4
4
3
3
Oct.
Oct.
Oct
Oct.
Oct.
2
9
16
23
30
571
591
712
584
571
483 11,281
499 1 11,276
471 j 11,353
468 11,263
469 11,310
5,642
5,571
5,547
5,657
5,726
5,923
5,815
5,966
5,950
6,049
290
347
293
291
248
298
299
245
195
196
2,156
2,145
2,151
2,106
2,110
281
319
339
337
335
603
624
624
651
591
Nov.
Nov
Nov.
Nov.
6—
13
20
27
713
673
660
706
470
478
483
519
11,448
11,518
11,554
11,751
5,661
5,726
5,777
5,898
6,058
6,128
6,138
6,258
316
271
299
346
196
189
176
176
2,173
2,214
2,229
2,197
338
332
345
401
Dec.
Dec.
Dec.
Dec.
Dec.
4 ..
11..
18.
24
31..
622
662
779
654
1,055
503
493
476
472
471
11,690
11,787
11,662
11,487
12,023
5,812
5,920
5,767
5,769
5,822
6,113
6,293
6,177
6,108
6,394
321
289
369
315
483
167
152
196
197
198
2,286'
2,365
2,173
2,125
2,200
657
616
645
643
708
583
604
533
591
606
688
754
735
637
622
586
580
533
510
508
498
478
488
483
10,501
10,536
10,615
10,656
10,825
10,834
10,819
10,950
11,195
11,296
11,568
11,730
4,791
4,861
4,999
5,061
5,211
5,459
5,526
5,594
5,646
5,629
5,766
5,818
5,102
5,161
5,287
5,333
5,537
5,730
5,827
5,847
5,927
5,941
6,146
6,217
346
315
357
371
383
311
304
280
310
294
308
355
718
601
527
527
435
375
223
248
264
247
184
182
1,838
1,948
1,938
1,893
1,913
1,898
1,953
2,023
2,132
2,133
2,203
2,210
Date or month
Monthly averages:
January
February _
March
April
May
June
July..
August
September
October ._
November
December. _
IndividInterbank
uals,
CertiTotal
fied
Demand corpoexcept
deposits rations, and
U.S.
interadjusted
etc., officers GovernTotal .
Do- Foreign bank
States checks, ment
liabilities
etc.
and
mestic
political
subdivision!
Do- Foreign
mestic
Borrow- Other Capital
acings liabilities counts
1
1
2
1
301
298
301
302
301
1,465
1,462
1,463
1,464
1,462
4
275
292
273
282
1,458
1,459
1,459
1,457
299
295
289
287
1,460
1,459
1,455
1,453
276
275
274
282
1,461
1,462
1,464
1,465
271
271
267
266
282
1,467
1,469
1,470
1,472
1,469
15
266
251
246
263
1,459
1,456.
1,45*
1.45&
25
17
14
251
264
238
243
242
1,451
1,452
1,453
1,455
1,455
239
249
263
274
1,451
1,451
1,451
1,450
262
263
269
275
1,453
1.450
1,449
1,449
3
3
4
4
4
279
275
281
278
325
1,448
1,449
1,450
1,451
1,452
585
591
585
583
3
4
3
3
321
330
320
330
1,458
1,459
1,459
1,457
407
401
399
401
408
575
572
563
568
566
3
3
2
2
3
356
354
325
313
313
1,462
1,458
1,458
1,458
1,458
122
152
138
162
189
'245
231
239
243
322
354
403
604
611
606
619
618
555
566
600
589
619
586
569
300
281
292
277
271
257
248
256
267
287
325
332
1,463
1,458
1,457
1,463
1,469
1,456
1.453
1,451
1,450
1,450
1,458
1,459
1
1
1
1
1
1
6
6
6
7
7
6
7
7
7
6
7
6
7
7
3
3
4
4
3
4
3
3
20
16
2
11
4
9
10
25
1
1
6
4
3
4
11
2
9
1S4
BANKING AND MONETARY STATISTICS
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITY
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
loans
.and
investments
Date or month
1936
Jan. 8 .
Jan. 15
Jan. 22... ...
Jan. 29
Total
To
brokers To
others
and
on
dealers
secuin
secu- rities
rities
Real
estate
Open
Other
marTo
loans
banks ket
to
paper
customers
U. S, Government
obligations
Total
Guaranteed
Reserves Caah
with
in
Other Federal vault
secu- Reserve
rities Bank i
Balances
Tfith
domes tie
banks
Total
Direct
3,315
3,311
3,368 i
3,391 |
387
395
401
413
1.031
1,034
1,039
1,109
2,431
2,490
2,509
2,561
56
5S
52
53
77
78
75
75
3,422 !
..
7,900
7,906
7,940
8,000
3,167
3,166
3,132
3,087
967
971
954
924
735
730
728
729
127
128
128
127
1,121
1,127
1,118
1,111
42
36
31
28
175
174
173
168
4,733
4,740
4,808
4,913
3,702
3,706
3,769
3,804
.
8,028
8,072
8,094
8,048
3,075
3,098
3,104
3,091
920
943
944
930
731
731
738
736
127
127
134
134
1,102
1,101
1,095
1,100
33
33
33
31
162
163
160
160
4,953
4,974
4,990
4,957
3,842
3,864
3,874
3,875
3,438 i
3,431
420
434
436
444
1,111
1,110
1,116
1,082
2,487
2,418
2,498
2,533
50
52
50
54
81
80
80
77
Mar. 4
Mar. 11
Mar. 18
Mar. 25
8,296
8,457
8,410
8,400
3,250
3,288
3,250
3,197
1,031
1,089
1,010
962
742
744
758
755
135
135
135
136
1,158
1,128
1,138
1,141
29
33
49
45
155
159
160
158
5,046
5,169
5,160
5,203
3,930 3,451
4,033 3,522 i
4,003 : 3,466
4,025 j 3,476
479
511
537
549
1,116
1,136
1,157
1,178
2,390
2,225
U989
1,949
49
52
4£
51
75
79
78
78
Apr. 1
Apr. 8.,..
Apr. 15
Apr. 22_. ... .
Apr, 29
8,533
8,514
8,556
8,561
8,571
3,296
3,292
3,292
3,277
3,282
1,019
1,011
1,047
1,036
1,056
758
763
737
740
739
134
134
131
131
130
1,165
1,184
1,183
1,179
1,164
52
35
31
28
34
168
165
163
163
159
5,237
5,222
5,264
5,284
5,289
4,035 ' 3,485
4,048 3,499
4,065 3,506
4,072 1 3,523
4,093 j 3,545
550
549
559
549
548
1,202
1,174
1,199
1,212
1,196
1,892
1,910
1,972
2,009
2,056
48
51
50
51
55
86
77
83
76
74
May 6
8,635
May 13_...._. ..... 8,550
May 20
8,561
May 27
8,595
3,333
3,268
3,247
3,199
1,048*
993
990
968
754
750
750
748
133
133
133
133
1,177
1,179
1,204
1,185
68
97
29
31
153
146
141
134
5,302
5,282
5,314
5,396
4,123 3,581
4,166 I 3,618
4,198 3,655
4,280 ; 3,734
542
548
543
546
1,179
1,116
1,116
1,116
2,119
2,212
2,294
2,313
50
53
51
55
81
71
71
73
June 3
June 10
June 17=
June 24
8,959
8,917
9,075
8,998
3,472
3,427
3,392
3,294
1,176
1,115
1,084
1,030
756
761
767
765
133
133
133
133
1,222
1,212
i,206
1,196
57
74
72
31
128
132
130
139
5,487
5,490
5,683
5,704
4,366 1 3,809
4.377 3,814
4,518 i 3,954
4,566 ! 4,007
557
563
564
559
1,121
1,113
1,165
1,138
2,163
2,335
1,791
1,906
51
5^J
52
55
76
74
78
76
July 1
July 8 .
July 15
July 22
July 29
9,063
3,906
8,884
8,754
8,694
3,324
3,270
3,279
3,198
3,161
1,004
960
978
970
938
765
760
753
727
722
133
133
132
133
133
I,2c9
1,256
1,257
1,215
1,215-
27
27
26
25
27
136
134
133
128
126
5,739
5,636
5,605
5,556
5,533
4,582
4,497
4,464
4,410
4,385
! 4,036
t 3,976
' 3,945
1 3,894
| 3,880
546
521
519
516
505
1,157
1.139
1,141
1,146
1,148
2,004
2,076
2,m
2,289
2,350
5*
54
50
51
53
82
78
81
78
78
_ . .
8,627
8,621
8,596
8,585
3,153
3,160
3,165
3,213
945
943
936
971
698
692
696
702
133
133
132
132
1,226
1,238
1,253
1,262
29
33
32
33
122
121
116
113
5,474
5,461
5,431
5,372
4,354
4,341
4,302
4,240
3,863
3,853
3,856
3,800
491
488
446
440
1,120
1,120
1,129
1,132
2,369
2,355
2,290
2,412
50
5$
50
51
74
75
71
71
.
8,615
8,758
8,803
8,786
8,803
3,220
3,351
3,355
3,348
3,423
§84
1.052
1,013
997
.1,008
691
709
709
710
715
132
132
133
133
130
1,268
1,291
1,321
1,326
1,372
33
56
65
64
82
112
111
114
118
116
5,395
5,407
5,448
5,438
5,380
4,273 3,826
4,282 3,832
4,317
3,863
4,306 3,843
4,251 1 3,784
447
450
454
463
467 ;
1,122
1,125
1,131
1,132
1,129
2,457
2,388
2,265
2,303
2,354
50
53
51
53
52
69
70
74
71
76
8,716
8,687
8,692
8,653
3,3643,363
3,407
3,384
993
971
1,001
972
709
705
702
705
131
131
131
131
1,386
1,412
1,424
1.426
25
23
24
23
120
121
125
127
5,352
5,324
5,285
5,269
4,254 3,794
4,230 3,768
4,201 i 3,742
4,202 3,738
460
462
459
464
1,098
1,094
1,084
1,067
2,411
2,429
2,495
2,509
53
58
53
56
72
73
76
77
8,608
8,642
8,611
8,625
3,389
3,420
3,415
3,455
981
973
951
1,006
707
712
713
707
131
130
130
131
1,415
1,430
1,458
1,444
24
39
26
32
131
136
137
135
5,219
5,222
5,196
5,170^
3,722
4,186
4,204 3,742
4,185 | 3,722
4,153 j 3,699
464
462
463
454
1,033 2,496
1,018 2,610
1,011 ' 2,592
1,017 2,602
59
55
56
60
76
78
79
81
8,680
8,745
8,777
8,800
8,749
3,456
3,515
3,609
3,666
3,656
1,002
1,059
1,056
1,067
1,080
706
701
726
719
708
130
130
130
130
129
1,451
1,464
1,529
1,559
1,556
32
25
27
49
38
135
136
141
142
145
5,224
5,230
5,168
5,134
5,093
4,175 i 3,722
4.176
3,722
4,108 3,661
4,099 3,647
4,030 3.579 !
453 1,049
454 : 1,054
447 : 1,060
452 1,035
451 1,063
2,547
2,486
2,582
2,465
2,467
SG
61
61
66
66
84
79
87
88
90
7,937
8,061
8,391
8,547
8,585
8,987
8,860
8,607
8,753
8,687
8,622
8,750
3.138
3,4)92
3,246
3,288
3,261
3,396
3,246
3,173
3,339
3,379
3,420
3,581
954
934
1,023
1,034
1,000
1,101
970
949
1,011
984
978
1,053
730
734
750
747
750
762
745
697
707
705
710
712
128
130
135
132
133
133
133
132
132
131
130
130
1,119
1,100
1,141
1,175
1,186
1.209
1,241
1,245
1,315
1,412
1,437
1,512
34
33
39
36
48
59
26
32
60
24
30
34
173
161
158
164
144
132
131
118
114
123
135
140
4,799
4,969
5,145
5,259
5,324
5,591
5,614
5,434
5,414
5,308
5,202
5,169
3,745 3,346 !
3,864 3,430
3,998 3,479
4,062 1 3,511 (
4,192 3,647
4,457 3,896
4,468 3,946
4,309 3,843 ,
4,286 3,830
4,222 3,761
4,182 3,721
4,117
3,666
399
434
519
551
545
561
522
466
456
461
461
451
1,054
2,498
1,105 2,484
1,147 1 2,138
1.197 1,968
1,132 2,234
1,134
2,049
1,146 • 2,178
1,125 2,357
1,128 2,354
1,086 2,461
1,020 2,575
1,052 2,509
53
51,
51
51
52
S3
52
51
52
55
58
63
76
79
77
79
74
76
80
73
72
74
78
86
Feb. 5_.
Feb. 12
Feb. 19.
Feb. 26
Aug. 5
Aug. 12.
Aug. 19.
Aug. 26
.
„
Sept, 2
Sept. 9
Sept. 16
Sept. 23
Sept. 30
Oct. 7
Oct, 14,,_
Oct. 21.
Oct. 28
Nov. 4
Nov 10
Nov. 18
Nov. 25
Dec.
Dec
Dec.
Dec.
Dec.
2
9
16
23.
30
_ .
. .
_
Monthly averages:
January
February
„
March
, .
April
May
June
July
August
September
.. _
October .
November
December
; 3,430
l
REPORTING MEMBER BANKS
185
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1911-1941-fomtinued
[Wednesday figures. In millions of dollars]
Demand deposits
Time deposits
Total
assets
Cash
items
in
process
of
collection
Other
assets
1936
Jan. 8 _ . _
Jan. 16
Jan. 22
. .
Jan. 29
635
794
655
598
463
478
473
473
11,562
11,799
11,704
11,760
5,704
5,719
5,785
5,907
5,980
6,115
6,099
6,211
359
398
341
294
197
197
162
162
2,314
2,370
2,383
2,368
395
403
397
3G7
544
543
541
535
3
3
3
Feb. 5
Feb. 12,
Feb. 19
Feb. 26,
545
722
629
612
469
472
471
475
11,660
11,816
11.822
11,799
5,935
5,957
6,028
6,020
6,209
6,340
6,312
6,318
271
339
345
314
161
144
137
131
2,340
2,320
2,345
2,339
376
370
364
361
537
532
637
542
3
3
3
3
753
848
688
660
471
468
457
463
12,034
12,129
11,671
11,601
5,950
5,953
5,831
5,869
6,265
6,315
6,158
6,177
438
486
361
352
131
131
198
197
2,466
2,451
2,270
2,187
357
349
343
337
537
543
541
546
3
4
3
3
978
567
1,036
623
741
485
467
472
471
435
12,022
11,586
12,169
11,791
11.992
5,927
5,944
5,921
5,894
6,052 ,
6,416
6,225
6,437
6,316
6,437
489
286
520
301
356
198
198
198
196
196
2,233
2,240
2,376
2,317
2,293
339
329
319
318
318
546
533
532
545
576
3
3
3
4
4
__
608
573
550
528
505
502
482
485
11,998
11,961
12,009
12,049
6,126
6,103
6,162
6,309
6,421
6,440
6,456
6,596
313
236
256
241
196
196
198
194
2,291
2,318
2,323
2,278
343
347
347
344
602
583
578
561
4
4
4
4
—_
_ __-_
...
716
570
744
571
504
510
495
476
12,469
12,458
12,235
12,082
6,385
6,387
6,221
6,251
6,717
6,671
6,587
6,565
384
286
378
257
195
194
196
192
2,326
2,408
2,242
2,263
374
425
444
419
549
550
542
547
4
4
4
4
July 1_
.
JulyS
July 15. .
July 22
_....
July 29
_
1,244
546
759
524
652
481
460
456
465
470
12,928
12,120
12,403
12,161
12,297
6,215
6,170
6,194
6,255
6,269
6,844
6,443
6,641
6,525
6,569
615
273
312
254
352
192
193
191
191
191
2,535
2,464
2,521
2,437
2,429
394
397
390
393
379
550
549
551
561
570
4
4
4
4
4
474
544
507
803
451
459
451
454
12,045
12,108
11,965
12,376
6,195
6,229
6,240
6,348
6,444
6,537
6,520
6,714
225
236
227
437
191
191
191
191
2,460
2,425
2,314
2,321
377
372
369
370
573
571
562
569
4
4
4
4
Sept. 2
Sept. 9
Sept. 16
Sept. 23
Sept. 30 _
591
647
708
536
784
459
465
453
466
499
12,241
12,381
12,354
12,215
12,568
6,341
6,334
6,307
6,371
6,320
6,640
6,611
6,687
6,675
6,758
292
370
328
232
346
191
190
193
193
193
2,403
2,387
2,405
2,365
2,431
368
366
372
385
444
577
571
567
561
598
4
4
4
4
4
Oct.
Oct.
Oct.
Oct.
7
14
21
28
597
718
623
637
475
457
452
463
12,324
12.422
12,391
12,395
6,266
6,217
6,334
6.385
6,577
6,678
6,685
6,730
286
257
272
292
193
193
164
137
2,445
2,463
2,446
2,423
429
439
421
418
605
613
611
609
4
4
4
4
Nov.
Nov.
Nov.
Nov.
4__
10
18
25
706
886
795
793
465
456
462
489
12,410
12.727
12,595
12,650
6,289
6,396
6,360
6.405
6,696
6,766
6,774
6,788
299
516
381
.410
117
111
97
82
2.496
2,545
2,534
2,541
405
414
404
411
591
567
580
592
4
4
4
4
Dec.
Dec.
Dec
Dec.
Dec.
2
9.
16
23
30.
811
724
972
867
1,016
496
487
480
503
496
12,674
12,582
12,956
12,792
12,884
6,417
6,387
6,445
6,452
6,448
6,835
6,750
6,990
6,909
6,981
393
361
427
410
483
83
83
203
203
203
2,536
2.501
2,498
2.428
2.380
404
405
407
383
386
613
605
614
614
621
4
4
4
4
4
670
627
737
789
565
650
745
582
653
644
795
878
472
472
465
478
494
496
466
454
468
462
468
492
11,706
11,774
11,859
11,612
12,004
12,311
12,381
12,124
12,352
12,383
12,596
12.778
5,779
5,985
5,901
5,968
6,175
6.311
6,221
6,253
6,335
6*301
6,363
6.430
6,101
6,295
6,229
6,366
6,478
6,635
6,804
6,554
6,674
6,667
6,756
6.893
348
317
409
390
261
326
361
281
313
277
402
415
180
143
164
197
196
194
192
191
192'
172
102
155
2,359
2,336
2,343
2,292
2,303
2,310
2,477
2,380
2,399
2,444
2,529
2.468
398
368
347
325
345
416
391
372
387
427
408
397
540
537
542
547
581
547
556
569
575
610
583
613
Date or month
____
Mar.
Mar.
Mar.
Mar.
4
11
18
25
Apr.
Apr,
Apr.
Apr.
Apr.
1
8
15
22
29
May
May
May
May
6.
13 .
20
27
June 3..
June 10
June 17. _
June 24
Aug.
Aug.
Aug.
Aug.
_„..
5
12
IS26
Montbly averages:
January.- -_
February
March
April
May. ,
_
June
July.
Avgus*
September
October
November
December
IndividInterbank
uals,
Certified
Demand corpoTotal
deposits rations, and
U.S.
except
adjusted
etc., officers GoverninterTotal
Do- Foreign bank
States checks, ment
etc.
and
liabilities
mestic
political
subdivisions
Interbank
Do- Foreign
mestic
::::::
3
3
3
3
Borrow - Other Capital
ings liabiliacties counts
310
309
313
326
1,460
1,461
1,463
1,464
301
305
315
327
1,462
1,463
1,464
1,464
370
377
318
326
1,467
1,461
1,461
1,462
314
301
318
326
345
1,464
1,465
1,466
1,468
1,467
356
364
379
363
1,472
1,473
1,468
1,468
447
443
365
367
1,473
1,472
1,467
1,468
363
368
364
367
375
1,431
1,429
1,429
1,429
1,428
344
345
348
341
1,427
1,427
1,428
1,427
331
434
344
359
366
1,432
1,427
1,425
1,425
1,428
354
345
355
350
1,431
1,430
1,433
1,432
2
2
362
363
377
376
1.440
1,441
1,442
1,444
~~~2<r
22
356
421
364
364
353
1.450
1,452
1,452
1,451
1,451
314
312
348
321
366
407
367
345
367
351
369
372
1,462
1,463
1.463
1,466
1,470
1,470
1.429
1,427
1,427
1,431
1,442
1.451
2
12
18
14
20
6
10
2
2
3
21
29
16
1
11
5
2
1
14
1
10
186
BANKING AND MONETARY STATISTICS
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITY[Wednesday figures. In millions of dollars]
Loans1
Investments
1
ReMemoranda
To
U. S. Government
serves
BalFor CombrokOther
with Caeh ances
obligations
Open pur- merloans
To
ers
Fedin
with
To mar- chas- cial,
and others Real
to
Other eral vault doing indus- Other Total
Total dealers on estate cus- banks ket
secu- Remestio
secupaper or
tomtrial loans
Total Direct Guar- rities serve
banks
carry- and
ers
secu- rities
anteed
Bank
ing agririties
secu- culrities" tural
Date or
month
Total
loam
and
Investments
J»n
Jan
Jan
Jan
1937
6
13
20
27
8,679
8,634
8,568
8,542
3,576
3,544
3,497
3,509
1,042
1,021
1,018
1,016
696
704
705
731
130
130
129
129
1,529
1,512
1,475
1,462
28
26
27
30
151
151
143
141
5,103
5,090
5,071
5,033
4,047
4,027
4,006
3,948
3,597
3,573
3,555
3,494
450
454
451
454
1,056
1,063
1,065
1,085
2,469
2,544
)2,590
2,656
58
58
54
54
82
81
79
82
Feb
Feb
Feb
Feb
3
10
17
24
8,513
8,488
8,538
8,633
3,497
998
3,509 1,007
3,506 1,009
3,571 1,053
741
732
725
727
129
129
128
128
1,463
1,461
1,461
1,476
30
44
47
50
136
136
136
137
5,016
4,979
5,032
5,062
3,919
3,898
3,899
3,917
3,464
3,444
3,447
3,466
455
454
452
451
1,097
1,081
1,133
1,145
2,658
2,697
2,677
2,648
50
57
50
54
81
77
81
82
Mar
Mar
Mar
Mar
Mar
3
10
17
24
31
8,691
8,752
8,691
8,597
8,524
3,611
3,717
3,756
3,738
3,719
1,060
1,147
1,136
1,120
1,092
730
725
735
736
739
128
128
128
128
127
1,496
1,532
1,568
1,561
1,584
56
50
60
61
51
141
135
129
132
126
5,080
5,035
4,935
4,859
4,805
3,918
3,868
3,760
3,683
3,627
3,466
3,421
3,309
3,226
3,171
452
447
451
457
456
1,162
1,167
1,175
1,176
1,178
2,474
2,500
2,545
2,440
2,569
49 1
SO
49
49
49
80
78
82
79
85
Apr
Apr
Apr
Apr
7
14
21
28
8,449
8,386
8,350
8,353
3,715 1,081
3,718 1,076
3,721 1,084
3,744 1.102
740
736
731
728
127
127
129
129
1,598
1,622
1,621
1,621
49
45
46
51
120
112
110
113
4,734
4,668
4,629
4,609
3,596
3,548
3,515
3,511
3,148
3,106
3,076
3,072
448
442
439
439
1,138
1,120
1,114
1,098
2,485
2,622
2,579
2,562
50
54
50
58
75
77
74
71
May
May
May
May
5
12
19
26.
8,379
8,322
8,318
8,320
3,814
3,805
3,787
3,808
1,147
1,119
1,127
1,124
732
734
751
746
129
130
129
129
1,623
1,641
1,547
1,582
79
80
76
69
104
101
157
158
277 1,631
276 1,639
4,565
4,517
408 4,531
413 4,512
3,476
3,461
3,456
3,443
3,034
3,027
3,022
3,014
442
434
434
429
1,089
1,056
1,075
1,069
2,430
2,480
2,496
2,561
55
55
51
54
71
72
68
71
June 2 .......
June 9
June 16.
,..>
June 23
June 30..,.-,.
8,392
8,474
8,606
8,513
8,470
3,856
3,921
4,011
4,032
4,026
1,140
1,168
1,169
1,217
1,227
753
753
758
761
766
129
131
131
134
133
1,600
1,626
1,664
1,656
1,673
74
81
126
100
61
160
162
163
164
166
280
278
278
278
279
1,660
1,683
1,717
1,712
1,724
413
418
427
427
436
4,536
4,553
4,595
4,481
4,444
3,488
3,503
3,581
3,461
3,447
3,060
3,062
3,141
3,023
3,010
428
441
440
438
437
1,048
1,050
1,014
1,020
997
2,440
2,498
2,478
2,509
2,603
64
51
48
49
54
70
62
69
64
67
July 7._ „ _ - _ „ „
July 14
July 21. _ . _ - . July 28 ....
8,417
8,325
8,359
8,399
4,000
3,959
3,964
3,978
1,207
1,147
1,142
1.141
756
759
751
752
134
134
135
134
1,666
1,691
1,686
1,681
73
66
91
110
164
162
159
160
279
274
270
272
1,721
1,758
1,753
1,736
422
418
414
425
4,417
4,366
4,395
4,421
3,435
3,395
3,424
3,455
3,006
2,968
2,966
3,004
429
427
458
451
982
971
971
966
2,462
2,514
2,508
2,458
52
55
48
51
68
68
67
68
Aug.
Aug.
Aug.
Aug.
4
11
18....,=
25
8,428
8,323
8,330
8,340
4,031
3,996
4,021
4,036
1,175
1,143
1,136
1,140
738
739
740
740
134
135
135
134
1,700
1,718
1,744
1,757
124
99
103
102
160
162
163
163
272
271
269
267
1,741
1,759
1,788
1,801
425
427
427
429
4,397
4,327
4,309
4,304
3,424
3,353
3,340
3,338
2,978
2,921
2,937
2,940
443
432
403
398
973
974
969
966
2,311
2,342
2,388
2,408
49
52
49
50
67
66
65
65
Sept. 1 ......
Sept. 8
Sept. 15..-.^
Sept. 22
Sept. 29..., = =
8,377
8,370
8,285
8,165
8,166
4,085
4,083
4,049
4,000
3,981
1,171
1,146
1,118
1,074
1,030
744
732
720
715
722
134
134
135
135
134
1,771
1,802
1,832
1,839
1,855
101
105
77
68
64
164
164
167
169
176
275
259
248
243
249
1,818
1,852
1,876
1,883
1,901
422
423
428
428
427
4,292
4,287
4,236
4,165
4,185
3,331
3,329
3,294
3,176
3,174
2,933
2,932
2,896
2,785
2,786
398
961
397
958
942
398
391
989
388 1,011
2,412
2,360
2,475
2,644
2,746
48
53
51
55
§9
65
68
67
64
66
8,132
„ 8,151
8,075
7,914
3,948
3,969
3,903
3,702
982
968
929
779
720
720
708
702
135
135
135
134
1,867
1,897
1,878
1,846
61
66
66
55
183
183
187
186
248
245
240
238
1,912
1,946
1,922
1,884
427
426
424
426
4,184
4,182
4,172
4,212
3,193
3,197
3,138
3,238
2,802
2,806
2,799
2,849
391
391
389
389
991
985
984
974
i 2,634
2,551
2,578
2,624
55
64
5S
62
64
67
69
68
7,913
3
10,. ... 7,888
7,867
17
24.. ... 7,833
3,657
3,628
3,578
3,559
732
709
701
718
711
711
711
705
134
134
133
132
1,839
1,849
1,815
1,787
59
37
28
27
182
188
190
190
238
237
236
233
1,881
1,888
1,860
1,831
431
435
430
428
4,256
4,280
4,289
4,274
3,299
3,311
3,342
3,354
2,907
2,929
2,958
2,976
392
382
384
378
957
949
947
920
2,539
2,4§9
2,551
2,569
62
62
54
59
68
68
72
69
Oct.
Oct.
Oct.
Oet
Nov.
Nov.
Nov.
Nov.
6
13 .
20
27
701
229 1,810
433 4,285 3,365 2,990
30
710
191
131 1,771
375
Dec. 1 -...„„ 7,819 3,534
920 2,543 1 52
76
702
232 1,801
38
770
191
131 1,758
427 4,337 3,413 3,049
364
924 2,451
Dec, 8 .. ... 7,927 3,590
56
66
232 1,809
732
194
701
48
130 1,765
425 4,411 3,470 3,111
7,981 3,570
Dec 15
359
941 2,530
GO
73
714
227 1,794
36
194
128 1,755
691
425 4,351 3,405 3,046
7,869 3,518
946 2,515 j 69
Dee. 22
359
71
192
683
217 1,787
435 4,344 3,397 3,031
34
719
129 1,756
Dec. 29 ...... 7,857 3,513
366
947 2,553
61
73
Monthly
averages:
5,074 4,007 3,555
146
130 1,495
709
28
452- 1,067 2,565
January.... 8,606 3,532 1,024
56
81
5,022 3,908 3,455
731
43
136
129 1,465
February.. 8,543 3,521 1,017
453 1,114 2,670
53
80
733
4,943 3,771 3,319 j 452 1,172 1 2,508
133
128 1,548
55
8,651 3,708 1,111
March.,...
49
81
114
734
48
4,660 3,542 3,100 442 1,118 i 2,562 i S3
128 1,616
8,385 3,725 1,085
April
74
741
130
129 1,598
76
8,335 3,804 1,129
435 1,072 2,492
4,531 3,459 3,024
May
54
70
163
132 1,644
758
424 4,522 3,496 3,059
279 1,699
88
8,491 3,969 1,184
437 1,026 2,506
53
June
66
754
274 1,742
85
161
134 1,682
420 4,400 ,427
8,375 3,975 1,159
,986 i 441
973 2,486
51 j 68
July
162
739
427 4,334 ,364 ,944
270 1,772
107
135 1,730
8,355 4,021 1,148
420
August.
970 2,362
50
66
727
83
168
134 1.820
426 4,233 3,261 ,866
255 1,866
395 1 972 2,527
September . 8,273 4,040 1,108
53
66
62
185
713
425 4,187 ,204 ,814
243 1,916
915
8,068 3,881
135 1,871
October
390
933 2,597
60
67
710
38
715
187
133 1,822
431 4,270 ,327
236 1,865
,943
384
November _ 7,875 3,605
943 2,540
59
69
192
696
3,545
429 4,346 ,410 3,045
228 1,800
37
729
130 1,761
365
December.. 7,891
936 2,518
60
72
1
The loan classification was revised in May (see explanation in accompanying text), and beginning with. May 19 the figures in the third,
fourth, sixth and eighth columns, particularly the eighth column, are not strictly comparable with those previously published. For gome time
figures \vere reported on a basis which permitted an approximately comparable continuation of the old series, in addition to providing the new
series. Thus, columns three to eight give approximately the old series of loans, while columns three, five, seven and eight together with the three
memorandum columns give the new series.
2
Except to brokers and dealers in securities.
REPORTING MEMBER BANKS
187
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Total
assets
Interbank
Individuals,
Certified
Demand corpoTotal
deposits rations,
U.S.
and
except
adjusted
officers' Governetc.,
interDo- Foreign bank
States checks, ment
Total
etc.
liabilities
mestic
and
political
subdivisions
Cash
items
in
process
of
collection
Date or month
Other
assets
710
769
654
725
489
489
497
498
12,487
12,575
12,442
12,557
6,367
6,392
6,431
6,427
6,726
6,795
6,790
6,821
351
366
295
331
204
193
169
159
2,432
2,431
2,393
2,428
375
375
384
378
602
597
600
606
4
3
3
3
1937
Interbank
•Dc^ Foreign
meatic
329
349
334
362
1,464
1,466
1,467
1,469
3
3
3
3
362
367
371
369
1,473
1,475
1,475
1,475
3
3
3
4
4
353
377
371
372
372
1,477
1,471
1,469
1,471
1,472
4
383
401
390
405
1,473
1,472
1,472
1,470
29
8
15
387
393
389
409
1.475
1,476
1,475
1,474
9
14
53
31
399
413
405
404
400
1,478
1,477
1,477
1,475
1,478
4
15
25
402
401
401
396
1,475
1,474
1.475
1,474
16
14
13
13
29
28
24
0
388
375
374'
378
1,482
1,483
1,483
1.479
714
730
722
727
734
11
,10
13
20
19
8
20
5
376
381
388
403
401
1,483
1,480
1,474
1,474
1,473
486
482
459
436
725
720
734
734
19
18
17
17
384
377
384
375
1,478
1.478
1,478
1,479
,954
,895
,959
,952
421
393
380
367
736
759
751
742
16
16
15
15
374
377
383
388
1.480
1,481
1,480
1,480
228
228
364
364
364
,985
,936
2,021
1,972
2,005
362
353
366
398
397
722
662
662
665
660
18
17
12
7
6
373
374
366
367
360
1,483
1,483
1,483
1,484
1,484
181
138
131
105
50
179
233
275
346
303
232
310
2,421
2,392
2,233
2,149
1,926
,911
,940
,863
,896
,941
,940
,984
378
375
392
436
490
540
563
524
516
466
390
375
601
631
680
671
697
723
746
726
726
728
747
674
3
3
3
4
6
11
14
14
14
18
15
12
343
367
369
395
394
404
400
379
390
380
381
368
1,467
1,474
1,472
1,472
1,475
1,477
1,475
1,482
1,477
1,478
1,481
1,483
Jan.
Jan.
Jan
Jan.
6
13
20
27
Feb.
Feb
Feb
Feb
3
10
17
24
680
704
827
857
494
492
490
485
12,476
12,515
12,663
12,759
6,419
6,453
6,439
6,515
6,751
6,786
6,854
6,910
348
371
412
462
146
136
135
134
2,393
2,381
2,408
2,385
381
368
373
376
619
628
632
645
Mar
Mar
Mar
Mar
Mar
3
10
17
24
31
694
838
794
744
800
491
508
470
477
482
12,479
12,726
12,631
12,386
12,509
6,453
6,571
6,503
6,407
6,525
6,804
6,950
6,887
6,749
6,998
343
459
410
402
327
135
134
136
124
124
2,294
2,280
2,289
2,195
2,107
382
378
395
397
410
688
674
671
672
695
Apr.
Apr
Apr.
Apr
7
14
21
28
630
675
611
680
493
469
467
478
12,182
12,283
12,131
12,202
6,342
6,300
6,311
6,324
6,675
6,706
6,656
6,720
297
269
266
284
124
124
86
86
2,158
2,197
2,138
2,101
395
439
448
461
673
671
671
671
May 5
May 12
May 19
May 26
568
661
630
629
477
481
488
483
11,980
12,071
12,051
12,118
6,333
6,338
6,392
6,465
6,646
6,716
6,740
6,819
255
283
282
275
66
53
41
41
,983
,936
,916
,867
477
496
483
504
658
704
704
721
4
6
6
8
June 2
June 9
June 16'
June 23
June 30
699
567
762
602
949
-480
481
469
471
467
12,145
12,133
12,432
12,208
12,610
6,359
6,501
6,263
6,252
6,243
6,771
6,777
6,707
6,596
6,792
287
291
318
258
400
23
4
289
289
289
,933
,896
,905
,863
.957
509
527
541
559
564
727
724
726
722
718
9
10
11
11
12
July 7
July 14
July 21
July 28
739
642
616
635
460
460
456
446
12,198
12,064
12,054
12,057
6,011
6,061
6,071
6,073
6,385
6,423
6,398
6,412
365
280
289
296
248
235
224
224
,985
,927
,929
,918
579
570
566
538
742
741
743
759
13
13
14
15
Aug.
Aug
Aug
Aug.
4
11
18
25
541
529
516
578
445
449
451
454
11,841
11,761
11,799
11,895
5,978
5,968
5,998
6,049
6,255
6,279
6,306
6,351
264
218
208
276
239
258
284
317
,897
,858
,870
,829
539
529
517
511
732
719
720
732
Sept. 1
Sept 8
Sept 15
Sept 22
Sept. 29
764
558
955
663
671
467
463
453
459
454
12,133
11,872
12,286
12,050
12,162
6,060'
5,999
5,928
5,965
6,085
6,451
6,275
6,420
6,361
6,479
373
282
463
267
277
334
346
346
352
352
,858
,822
,944
,935
,920
525
526
511
511
507
Oct.
Oct.
Oct.
Oct.
572
750
694
683
457
460
463
458
11,914
12,043
11,937
11,809
5,908
5,948
5,947
5,941
6,229
6,429
6,312
6*324
251
269
329
300
353
325
279
257
,989
,944
,942
,887
786
712
701
582
462
482
485
483
11,830
11,711
11,730
U.595
5,812
5,850
5,833
5,841
6,266
6,245
6,232
6,169
332
317
302
254
245
228
228
228
_
725
563
1,034
733
691
483
477
470
468
467
11,698
11,540
12,148
11,725
11,702
5,802
5,917
5,826
5,732
5,731
6,235
6,223
6,408
6,151
6.142
292
257
452
314
280
Monthly averages:
January .
February.
March
April
May
June
July
August
September
October
November
December
714
767
774
649
622
716
658
541
722
675
695
749
493
490
485
477
482
474
455
450
459
459
478
473
12,515
12,603
12,546
12,200
12,055
12,306
12,093
11,824
12,100
11,926
11,716
11,763
6,404
6,457
6,492
6,319
6,382
6,324
6,054
5,998
6,007
5,936
5,834
5,802
6.783
£825
6,878
6,689
6,730
6,729
6,404
6,298
6,397
&, 324
6,228
6,232
336
398
388
279
274
311
307
241
332
287
301
319
Nov.
Nov.
Nov.
Nov.
—
6
13
20
27
3
10
17
24
Dec. 1
Deo, 8
Dec. 15
Dec. 22
Dec 29
_
Borrow, Other Capital
ings liabiliacties counts
7
4
4
4
1
3
6
7
14
3
4
2
13
21
11
22
f
6
BANKING AND MONETARY STATISTICS
188
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITY[Wednesday figures. In million of dollars]
Loans
Date or month
Total
loans
and
investments
Investments
i
Total
For
Compurchasing
mercial, Open or carrying
securities
indus- marReal To
To
ket
trial
estate hanks Other
and paper brokers
agriTo
and others
culdealtural
ers
Re- i
Balserves
with Cash ances
Fedin
with
Other eral
vault dosecu- Remustie
Direst Guar- rities serve
banks
Bank
anteed!
U. S. Government
obligations
Total
Total
1938
Jan. 5
Jan. 12.....
Jan. 19
Jan. 26.. .- _ _ _ _ _ _
7,776
7,852
7,852
7,857
3,417
3,413
3,344
3,317
1,746
1,740
1,706
1,686
191
186
181
176
674
682
654
651
214
213
212
212
128
129
128
128
38
37
38
38
426
426
425
426
4,359
4,439
4,508
4,540
3,427
3,452
3,513
3,546
3,052
3,069
3,121
3,150
932
987
995
994
2,586
2,660
2,718
2,769
56
56
51
52
73
71
73
67
Feb. 2
Feb . 9
Feb. 16
Feb. 23
7,823
7,818
7,837
7,826
3,285
3,244
3,267
3,242
1,703
1,709
1,706
1,698
175
171
165
163
611
572
588
578
211
211
213
212
127
127
126
126
36
36
46
40
422
4J8
423
425
4,538
4,574
4,570
4,584
3,521
3,552
3,528
3,538
3,123 1 398 ,017
3,151 j 401 ,022
3,123 405 ; ,042
411 ,046
3,127
2,764
2,676
2,695
2,741
49
52
49 l
54
65
65
67
65
7,833
7,867
7,724
7,584
7,576
3,281
3,367
3,243
3,187
3,158
1,690
1,687
1,672
1,657
1,649
160
158
155
152
150
608
700
603
575
542
215
214
215
208
205
126
125
125
118
119
54
59
48
£5
66
4,552
428
424 ! 4,500
4,481
425
422 ! 4,397
427
4,418
3,491
3,433
3,430
3,280
3,263
3,071
3,016
3,003
2,851
2,829
420
417
427
429
434
,061
,067
,051
,117
,155
2,712
2,788
2,824
2 938
2^958
43
51
47
49
55
69
68
70
3,103
3,032
3,090
3,087
1,643
1,638
1,626
1,607
151
146
146
144
503
440
496
516
201
199
201
204
118
118
118
118
70
75
83
79
417
416
420
419
4,502
4,567
4,591
4,618
3,360
3,422
3,4€8
3,503
2,925
2,987
3,030
3,039
435 ,142
435 ,145
438 1 ,123
464 ,115
2,817
2,891
3,007
3,070
51
53
50
53
66
66
67
70
2,926
2,957
3,019 ,
3,136
50
51
50
51
65
67
71
76
Mar. 2
Mar. 9.
Mar. 16
Mar 23
Mar. 30
_„_.
——
375
383
392
396
m
76
Apr.
Apr.
Apr.
Apr.
6
13
20.
27
_ ..
7,605
7,599
7,681
7,705
May
May
May
May
4
1! .
18
25...
__....
„....
7,702
7,694
7,562
7,500
3,056
3,018
2,998
2,957
1,575
1,576
1,562
1,546
144
143
137
134
515
468
462
447
207
206
204
204
118
118
118
118
80
92
92
84
417
415
423
424
4,646
4,676
4,564
4,543
3,601
3,636
3,590
3,561
3,060
3,076
3,025
2,972
541
560
565
589
June 1...
__ .,_„
June 8
June 15
June 22.
June 29. „ _ - - - - - - _._
7,482
7,947
7,793
7,584
7,552
2,964
3,244
3,009
2,974
3,000
1,527
1,511
1,514
1,501
1,504
134
133
131
130
129
472
714
522
515
520
203
200
197
197
201
118
118
118
119
118
85
139
93
84
86
425
429
434
428
442
4,518
4,703
4,784
4,610
4,552
3,538
3,684
3,757
3,574
3,563
2,926
3,041
3,105
2,911
2,885
612
980 3,214
643 1,019 3,091
652 1,027
3,174
663 1,036 3,219
678
989 3,339
57
52
49
50
58
81
80
73
71
71
July 6
July 13.....
,
July 20
July 27..=... _ _ _ _ _ _
7,494
7,449
7,537
7,490
2,968
2,932
2,910
2,879
1,463
1,464
1,451
1,450
130
132
131
131
537
496
486
469
195
193
194
193
118
119
117
118
92
93
101
88
433
435
430
430
4,526
4,517
4,627
4,611
3,528
3,524
3,568
3,557
2,844
2,837
2,815
2,787
684
998 3,277
687
993 3,412
753 1,059 3,444
770 1,054 3,386
53
52
49
52
72
77
76
70
Aug.
Aug.
Aug.
Aug.
Aug.
3
10... '
17
24...
.__,_
31 _
.. ..
7,488
7,527
7,542
7,613
7,751
2,877
2,915
2,942
2,951
3,007
1,443
1,460
1,470
1,480
1,479
132
132
133
132
136
474
499
508
507
561
192
191
196
198
197
118
118
118
118
118
83
79
89
87
84
435
436
428
429
432
4,611
4,612
4,600
4,662
4,744
3,559
3,566
3,554
3,617
3,664
2,778
2,780
2,781
2,820
2,869
781
786
773
797
795
1,052
1,046
1,046
1,045
1,080
3,313 !
3,301
3,339
3,375
3,425
48 i
50
50
51
52
69
69
70
69
70
Sept. 7...... _ _ _ _ _ _
Sept. 14
Sept. 21
Sept. 28
_. _.
7,710
7,773
7,865
7,839
2,973
3,025
2,945
2,934
1,466
1,465
1,447
1,445
135
136
139
142
544
585
525
517
196
196
195
195
118
119
119
119
84
91
91
94
430
433
429
422
4,737
4,748
4,920
4,905
3,654
3,663
3,808
3,788
2,862
2,86§
3,005
2,989
792
794
&03
809
1,083
1,085
1,112
1,107
3,463
3,597
3,405
3,556
55
63
57
62
69
74
76
72
Oct.
Oct.
Oct.
Oct.
5__
12
19
26
7,756
7,799
7,795
7,885
2,916
2,925
2,932
2,968
1,446
1,454
1,445
1,444
146
142
141
141
497
513
532
571
197
198
196
197
119
119
119
119
96
86
88
84
415
413
411
412
4,840 1 3,716
4,874 ! 3,691
3,688
4,863
3,724
4,917
2,91©
2,891
2,887
2,918
806
800
801
806
1.124
1,183
1,175
1,193
3,590
3,651
3,871
3,904
59
61
61
63
71
79
78
77
Nov
Nov
Nov
Nov
Nov
2
6
16_...
23. .. ._
30 .
7,7-97
7,765
7,736
7,681
7,709
2,968
2,960
2,955
2,940
2,962
1,433
1,425
1,420
1,408
1,424
141
139
139
136
135
578
574
576
568
571
199
199
202
204
202
119
118
118
119
119
86
92
86
89
95
412
413
414
416
416
3,698
4,829
4,805 !: 3,716
4,781 3,717
3,684
4,741
3,662
4,747
2,902
2,923
2,919
2,880
2,853
796
793
798
804
809
1,131
1,089
1,064
1,057
1,085
3,821
3,735
3,890
4,025
4,079
61
71
61
67
64
78
75
77
74
70
Dec. 7
Dee. 14..-..
Dec. 21
Dee. 28
7,846
7,876
7,855
7,801
3,080
3,088
3,040
3,016
1,424
1,408
1,384
1,377
135
135
132
132
687
695
690
681
201
199
199
199
118
119
119
119
98
111
98
94
417
421
418
414
4,766
4,788
4,815
4,785
3,672
3,687
3,726
3,686
2,863
2,861
2,881
2,826
809
826
845
860
1,094
1,101
1,089
1,099
4,065
4,101
3,815
3,911
66
77
78
70
71
77
75
73
Monthly averages:
January .
February _ _ _ _
March
April,..
May
„
June
July
August.
„
September _ _ _ _
October
November
December
7,834
7,826
7,717
7,647
7,614
7,671
7,492
7,584
7,797
7,800
7,737
7,845
3,373
3,260
3,247
3,078
3,007
3,038
2,922
2,938
2,969
2,935
2,957
3,056
1,719
1,704
1,670
1,628
1,565
1,511
1,457
1,466
1,455
1,447
1,422
1,399
184
169
155
147
139
131
131
133
138
142
138
133
665
587
606
489
473
549
497
510
543
528
573
688
213
212
212
201
205
200
194
195
195
197
201
199
128
126
123
118
118
118
118
118
119
119
119
119
38
40
56
77
87
97
93
84
90
89
90
100
426
422
425
418
420
432
432
432
429
413
414
418
4,461
4,566
4,470
4,569
4,607
4,633
4,570
4,646
4,828
4,874
4,780
4,789
3,484 3,098
3,535 3,131
3,380 2.954
3,438 2,995
3,597 3,033
3.623 2,973
3,544 2,821
3,592 2,806
3,731 i 2,931
3,705 2,902
3,695 2,895
3,693 2,858
386
977 2,683
404 1,031 2,719
426 ,090 2,844
443 ,131 2.946
564 ,010 3,010
650 ,010 3,208
723 ,026 3,380
786 ,054 •3,351
800 ,097 3,505
803 ,169 3,754
800 ,085 3,910
835 ,096 3,973
54
51
50
51
50
53
52
50
59
61
65
73
71
65
70
68
70
75
74
69
73
76
75
74
_._-__
„ _
_____
.. .
,045
,040
974
982
REPORTINO MEMBER BANKS
189
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1341-Continue;!
[Wednesday figures. In millions of dollars]
;
Total
assets
Date or month
Jan.
Jan.
Jan.
Jan.
5
12
19
26
Time deposits
Individ
Interbank
Interbank
IndividCash
uals,
corpoCertiDemand uals,
items
fied
Borrations
deposits corpoOther
in
etc., Postal
and
adjusted rations,
rowprocess assets
U.S.
etc., officers' Governings
States savings
of
Do- Foreign
States checks, ment Do- " Foreign and
Total
collecand
mestic
etc.
liabilities
political
raestic
tion
subpolitical
divisubsions
divisions
1938
Feb. 2
Feb. 9
Feb. 16
Feb. 23
Demand deposits
570
668
666
499 ,
•
463
475
470
474
11,524
11,782
11,830
11,718
5,664
5,785
5,822
5,869
5,991
6,140
6,159
6,151
243
313
329
217
365
364
352
351
2,034
2,083
2,131
2,126
398
386
378
381
652
641
641
651
542
420
549
513
472
476
481
477
11,715
11,507
11,678
11,676
5.852
5,837
5,847
5,901
6,139
6,072
6,168
6,194
255
185
228
220
343
343
343
343
2,125
2,0732,088
2,094
373
349
343
325
651
648
672
669
6
7
7
7
247
292
273
354
233
344
343
344
307
288
2,137
2,134
2,161
2,043
1,956
321
316
301
306
305
670
670
645
646
648
7
6
6
6
6
6
7
7
7
7
7
9
CapOther ital
liabili- acties counts
347
361
351
353
1,481
1,482
1,483
1,482
337
344
335
338
1,486
1,486
1,485
1.486
344
349
363
361
361
1,488
1,485
1,483
1,479
1,476
Mar.
Mar.
Mar.
Mar.
Mar.
2. _
9
16.
23
30
571 >
602
661
662
571
476
476.
473
475
476
11,709
1U85Z
11,799
11,777
11,712
5,«22
5,932
5,834
5,966;
6,100
6,146
6,242
6,222
6,274
6,438
Apr.
Apr.
Apr.
Apr.
6
13
20
27.
499
596
649
529
480
480
473
469
11,518
11,685
11,927
11,896
6,013
6,008
6,024
6,070
6,288
6,401
6,379
6,376
224
203
294
223
225
222
200
179
2,018
2,086
2,294
2,349
291
290
284
289
649
656
656
656
7
7
7
7
335
338
331
335
1,481
1,482
1,482
1,482
May4
May 11
May 18
May 25
600
563
518
530
481
488
494
500
11,824
11,820
11,714
11,793
5,947
6,037
5,975
6,062
6,259
6,347
6,267
6,334
288
253
226
258
165
148
146
140
2,359
2,353
2,362
2,343
280
270
266
267
643
633
633
634
7
7
7
8
336
321
319
318
1,487
1,488
1,438
1,488
June 1
June 8
June 15,
June 22
June 291
779
733
1,036
532
661
6,101 ' 6,524
6,590
6,316
6,754
6,260
6,506
6,187
6,670
6,277
356
459
213
268
135
128
119
110
109
2,392
2,482
2,481
2,394
2,402
269
266
264
270
275
641
657
656
659
655
7
7
7
7
7
300
309
303
303
301
1,489
1,487
1,485
1,484
1,485
501 12,114
504 12,407
486 12,611
490 - 11,946
491 12', 172
(
542
:
5
14
3
1
22
July 6
July 13
July 20
July 27
573
730
590
516
482
478
487
492
11,951
12,198
12,183
12,006
6,115
6,206
6,343
6,278
6,440
6,584
6,636
6,577
248
352
297
217
110
109
110
104
2,435
2,456
2,455
2,424
272
268
264
259
655
649
644
645
7
6
6
6
303
294
291
297
1,476
1,480
1,480
1,477
Aug. 3.
Aug. 10
Aug. 17...
Aug. 24
Aug. 31
443
480
473
465
635
494
486
483
478
488
11,855
11,913
11,957
12,051
12,421
6,188
6,229
6,224
6,342
6,446
6,439
6,489
6,505
6,590
6,810
192
220
192
217
271
105104
104
104
100
2,436
2.421
2,453
2,424
2,500
264
268
273
276
286
637
638
660
659
657
6
6
6
6
6
295
285
282
202
305
1,481
1,482
1,482
1,483
1,486
Sept. 7
Sept. 14
Sept. 21
Sept. 28
587
636
548
549
483
471
453
450
12,367
12,614
12,404
12,528
6,381
6,474
6,394
6 ,,562
6,732
6,835
6,710
6,848
236
275
232
263
100
98
158
158
2,535
2,560
2,450
2,429
314
364
387
392
659
684
665
639
6
6
6
5
302
312
315
315
1.483
1,480
1,481
1,479
Oct.
Oct.
Oct.
Oct.
5
12
19_ .
26
630.
797
638
681
453
455
450
447
12,559
12,842
12,893
13,057
6,466
6,597
6,657
6,732
6,776
7,015
6,979
7,118
320
379
316
295
157
148
136
122
2,492
2,478
2,613
2,613
409
406
427
434
626
622
619
618
5
5
5
5
...
..
293
306
312
367
1,481
1,483
1.483
1,482
Nov.
Nov.
Nov.
Nov.
Nov.
2
9. .
16.
23^
30
574
644
694
582
807
442
437
455
457
467
12,773
12,727
12,913
12,886
13,196
6,601
6,607
6,621
6,747
6,767
6,939
6,991
7,040
7,068
7,201
236
260
275
261
373
118
114
114
114
115
2,577
2,538
2,625
2,583
2,625
413
393
423
436
440
619
598
601
599
604
5
5
5
5
5
2
3
3
.....
375
338
341
333
342
1,489
1,487
1.486
1,487
1,490
Dec. 7 .
Dec. 14
Dec. 21.
Dec. 28
680
717
790
852
461
457
449
460
13,189
13,305
13,062
13,167
6,864
6,884
6,750
6,770
7,164
7,312
7,146
7,260
380
289
394
362
115
115
121
120
2,659
2,703
2,510
2.520
421
437
440
450
605
601
599
601
5
5
5
5
' 350
356
357
358
1,490
1,487
1.490
1,491
Monthly averages:
January
February _ _
March. .
April
May
June
July
August
September
October,. __
November
"December
601
506
614
568
553
748
602
499
580
687
660760
471
477
475
476
491
495
485
486
464
451
452
456
11,714
11,644
11,770
11,756
11,788
12,250
12,085
12,039
12,478
12,83*
12,899
13,181
5,785
5,859
5,931
6,029
6,005
6,228
6,236
6,286
6,453
6,613
6,669
6,817
6,110
6,143,
6,264
6,361
6,302
6,609
6,559
6,567
6,781
6,972
7,048
7,221
276
222
280
236
256
368
279
218
251
328
281
356
358
343
325
206
150
120
108
103
128
141
115
118
2,094
2,095
2,0«6
2,187
2,354
2,430
2,443
2,447
2,494
2,549
2,589
2,598
386
347
310
288
271
269
266
273
364
419
421
437
646
660
656
654
636
654
648
650
662
621
604
601
6
7
7
7
7
7
6
6
6
5
5
5
353
339
356
335
323
303
298
292
311
320
346
355
1,482
1,486
1,482
1.482
1,488
1,486
1,478
1.483
1,481
1,482
1,483
1.490
3
.....
3
2
4
4
.....
2
BANKING AND MONETARY STATISTICS
190
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITY[Wednesday figures. In millions of dollars]
Loans
Date or
month
CommerTotal
loans
.cial,
indusand
invest- Total trial
and
ments
agricultural
ID vestments
For
purchasing
Open or carrying
securities
marReal To
To
estate1 banks Other
ket
paper brokers
To
and others
dealers
U. S. Government obligations
Total
Direct
Total
Total
Bills Notes Bonds
2
Reserves
with Cash
Fed- in
Other eral vault
secu-l ReGuar- rities ! serve
Bank
anteed
2
i
1939
Jan. 4
Jan. II.......
Jan. 18^
Jan. 25 „
7,707
7,669
7,615
7,589
3,023
3,008
2,952
2,946
1,377
1,381
1,371
1,354
128
129
127
127
717
704
675
681
201
190
189
190
118
117
116
116
78
86
73
79
404
401
401
399
4,684
4,661
4,663
4,643
Feb. 1
Feb.8...—
Fab. 15 .....
Feb 21
7,587
7,658
7,725
7,733
2,901
2,890
2,917
2,895
1,356
1,351
1,358
1,361
125
125
125
124
642
636
660
640
187
187
187
188
116
108
108
108
78
86
83
79
397
397
396
395
4,686 i 3,551 2,648
4,768 3,559 2,636
4,808 3,649 2,621
4,838 3,673 2,629
124
133
126
Mar. 1
Mar. 8 ......
Mar 15
Mar. 22—..
Mar. 29 .
7,755
7,974
7,957
7,942
7,895
2,899
3,038
2,963
2,896
2,864
1,363
1,365
1,366
1,366
1,360
122
122
117
119
118
647
758
715
644
611
186
192
192
190
190
108
108
108
108
112
74
94
67
75
77
399
399
398
394
396
4,856
4,936
4,994
5,046
5,031
3,676 2,613
3,765 2,704
3,832 '2,795
3,864 i 2,812
3,845 2,791
Apr
Apr
Apr.
Apr.
5
12
19......
26..,—
7,919
7,997
8,065
8,059
2,828
2,783
2,792
2,777
1,372
1,386
1,382
1,376
119
114
117
117
579
541
551
547
195
196
195
195
111
110
110
111
65
55
59
44
387
381
378
387
5,091
5,214
5,273
5,282
3,880
3,993
4,039
4,053
May 3_ —
May 10......
May 17..
May 24 .
May 31......
8,040
7,956
7,857
7,940
8B000
2,735
2,750
2,720
2,795
2,798
1,375
1,378
1,369
1,372
1,364
118
115
120
123
125
502
517
495
565
568
197
196
199
199
200
111
111
111
111
111
47
46
40
42
45
385
387
386
383
385
5,305
5,206
5,137
5,145
5,202
June 7
June 14_ ....
June 21
June 28......
8,052
8,090
8.135
8,133
2,781
2,760
2,748
2,743
1,369
1,374
1,372
1,384
124
123
120
119
553
524
• 517
496
200
201
201
201
112
113
113
113
38
41
39
40
385
384
386
390
July
July
July
July
5 ......
12..—
19.-—.
26—
8,136
8,140
8,092
8,182
2,771
2,758
2,732
2,797
1,405
1,409
1,405
1,414
126
120
118
118
495
496
472
523
200
190
187
188
114
115
115
115
45
49
60
60
Aug. 2 _
Aug. 9
Aug. 16..
Aug. 23
Aug. 30, — „
8,309
8,332
8,386
8,340
8,379
2,806
2,807
2,846
2,826
2,856
1,438
1,464
1,471
1,496
1,545
117
114
117
117
120
501
484
525
489
467
186
186
184
183
183
116
116
118
118
118
Sept, 6 .
Sept 13
Sept. 20 —
Sept. 27— —
8,341
8.361
8,393
8,477
2,892
2,858
2,856
2,871
1,573
1,615
1,640
1,652
115
115
115
117
499
430
405
406
176
178
178
177
Oct. 4 „..„
Get, 11
Oct. 18
Oct. 25
8,525
8,508
8,507
8,614
2,875
2,881
2,891
2,936
1,655
1,665
1,662
1,663
117
116
113
115
412
411
430
467
Nov. 1
Nov 8
Nov. 15
Nov. 22
Nov. 29..—
8,679
8,771
8,858
8,930
8,998
2,955
2,939
2,943
3,003
3,022
1,672
1,674
1,682
1,710
1,704
117
115
110
114
112
Dec. 8......
Deo. 13
Dec. 20,....
Deo. 27
Monthly
averages:
January...
February..
March,....
April . .
May«_-— .
June,
July
August
September.
October....
November.
December ,
9,003
9,228
9,156
8,840
3,003
3,165
3,204
3,059
1,703
1,711
1,697
1,689
7,645
7,676
7,904
8,010
7,958
8,103
8,138
8,349
8,393
8,538
8,847
9,057
2,982
2,901
2,932
2,795
2,759
2,758
2,765
2,828
2,869
2,895
2,972
3,108
1,371
1,357
1,364
1,379
1,372
1,375
1,408
1,483
1,620
1,661
1,688
1,700
3,604
3,578
3,538
3,533
2,748
2,742
2,685
2,670
1,080
1,083
1,125
1,110
4,037
4,119
4,308
4,368
62
61
54
54
965
938
914
903 1,135
,547
923 1,209
,550 1,028 1,159
,589 1,044 1,165
4,395
4,320
4,1611
4,274
50
54
53
53
108
100
91
8S
68
889
863
766
749
743
,616
,741
,938
,975
,980
4,315
4,256
4,301
4,282
4,390
49
53
50
53
55
2,835
2,943
2,996
3,009
95
138
170
181
743
754
739
727
1,997 1,045 1,211 4,503
2,051 ,0§0 1,221 4,533
2,087 ,043 1,234 4,737
2,101 ,044 1,229 4,831
54
57
54
59
4,087
4,048
4,041
4,043
4,072
3,047
3,025
3,009
3,013
3,028
187
186
168
165
147
723
720
722
727
744
2,137
2,119
2,119
2,121
2,137
,040
,023
,032
,030
,044
1,218
1,158
1,096
1,102
1,130
4,745
4,888
4,881
4,982
4,976
54
55
55
57
60
5,271
5,330
5,387
5,390
4,133
4,187
4,214
4,259
3,100
3,133
[3,149
3,172
159
167
173
172
787
816
819
§11
2,154
2,150
2,157
2,189
,033
,054
,065
,087
1,138
1,143
1,173
1,131
4.S42
4,870
4,886
4,864
80
63
58
68
386
379
375
379
5,365
5,382
5,360
5,385
4,290
4,277
4,254
4,267
3,196
3,184
3,154
3,161
167
144
125
147
823
826
818
817
2,206
2,214
2,211
2,197
,094
,093
,100
,106
1,075
1,105
1,106
1,118
4,881
4,985
5,044
5,072
69
67
62
63
64
64
50
42
39
384
379
381
381
384
5,503
5,525
5,540
5,514
5,523
4,328
4,350
4,361
4,328
4,302
3,201
3,217
3,225
3,187
3,155
194
206
220
208
194
818
835
834
819
825
2,189
2,176
2,171
2,160
2,136
,127
,133
,136
,141
,147
1,175
1,175
1,179
1,186
1,221
4,953
5,005
5,145
5,317
5,499
62
62
60
60
71
118
118
117
117
33
25
25
25
378
377
376
377
5,449
5,503
5,537
5,606
4,240
4,289
4,324
4,348
3,147
3,191
3,217
3,228
189
226
261
255
816
812
789
787
2,142
2,153
2,167
2,186
,093
,098
,107
,120
1,209
1,214
1,213
1,258
5,547
5,699
5,636
5,640
77
79
76
80
173
171
170
179
117
117
114
114
26
27
25
23
375
374
377
375
5,650
5,627
5,616
5,678
4,408
4,410
4,425
4,504
3,280
3,285
3,305
3,385
320
342
358
411
786
776
776
814
2,174
2,167
2,171
2,160
,128
,125
,120
,119
1,242
1,217
1,191
1,174
5,651"
5,667
5,725
5,761
78
86
77
78
472
467
463
494
519
180
170
168
168
169
114
114
115
115
114
24
26
29
26
26
376
373
376
376
378
5,724
5,832
5,915
5,927
5,976
4,579
4,640
4,730
4,733
4,764
3,458
3,508
3,517
3,527
3,550
462
515
541
555
565
835
844
846
841
840
2,161
2,149
2,130
2,131
2,145
1,121 1,145 5,560
1,132 ,192 5,486
1,213 ,185 5,449
1,206 ,194 5,509
1,214 ,212 5,514
74
85
76
83
87
112
115
114
114
507
638
666
551
172
175
179
179
112
113
113
112
22
34
57
35
375
379
378
379
6,000
6,063
5,952.5,781 .
4,793
4,854
4,757
4,603
3,571
3,625
3,533
3,372
571
564
498
365
833
837
837
716
2,167
2,224
2,198
2,291
1,222
1,229
1.224
1,231
,207
,209
,195
,178
5,452
5,244
5,241
5,507
85
94
97
89
128
125
120
117
120
121
120
117
116
115
114
114
694
644
675
555
529
523
497
493
435
430
483
590
192
187
190
195
198
201
191
184
177
173
171
176
117
110
109
110
111
113
115
117
117
116
114
113
79
82
77
56
44
39
54
52
27
25
26
37
401
396
397
383
385
386
380
382
377
375
376
378
4,663
4,775
4,972
5,215
5,199
5,345
5,373
5,521
5,524
5,643
5,875
5,949
3,563
3,608
3,796
3,991
4,058
4,199
4,272
4,334
4,301
4,437
4,689
4,752
2,711
2,634
2,743
2,946
3,024
3,139
3,174
3,197
3,196
3,314
3,5123,525
91
146
170
168
146
205
233
358
528
499
802
741
727
808
821
826
801
788
841
806
1,850
2,059
2,127
2,163
2,207
2,166
2,162
2,168
2,143
2,220
852
974
,053
,045
,034
,060
,098
,137
,105
,123
,177
,227
,100
,167
,176
,224
,141
,146
,101
,187
,223
,206
,186
,197
4,208
4,288
4,309
4,651
4,895
4,866
4395
5,184
5,631
5,701
5,504
5,361
58
52
52
56
56
67
65
63
78
80
81
91
856
836
853
863
1,063
1,061
1,037
1,052
1,054
1,180
1,171
1,162
1,182
1,186
1
For minor revisions in reporting of "real estate loans" and "other securities" effective February 8, 3 19, see introductory text, p. 129.
* Not reported separately prior to February 8, 1939.
REPORTING MEMBER BANKS
191
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Demand deposits
Date or
month
Total
Cash
Indiassets
Bal- items
De- viduals States
in
ances
and
mand partwith proc- Other
deposits ner- politess assets
doships,
ical
admestic of
Total justed corpo- subbanks collecrations divi-2
liabilition
etc. 2 sions
ties
Time deposits
Interbank
Certified
and
officers'
checks,
etc.
U.S.
Government
Do- Formestic eign
Individuals,
partnerships,
corporations,
etc.2
1939
Jan 4
Jan. 11.
Jan. 18
Jan 25
73
72
74
74
710
624
632
593
420
409
421
412
13,009
12,954
13,104
13,090
6,617
6,714
6,793
6,797
7,C 18
7,C 68
7,1 46
7,106
309
270
279
284
117
116
117
116
2,670
2,618
2,668
2,689
454
452
473
475
Feb 1
Feb. 8
Feb 15
Feb. 21
73
76
73
74
704
612
786
554
411
419
406
393
13; 220
13,139
13,204
13,081
6,777
6,887
6,809
6,903
7,142
314,
6,901
313
6,933
296
6,936
339
284
349
225
116
116
116
115
2,706
2,626
2,615
2,609
502
497
476
487
571
579
580
States
and
political
subdivi-2
sions
Borrowings
4
f >09
f >13
f >13
e 17
e 17
Interbank
U.S.
Government
and
Do- Forpostal mestic eign
sav-3
ings
CapOther ital
liabili- ac.ties counts
5
5
5 .....
351
332
323
318
1,477
1,480
1,480
1,480
46
45
45
5
5
5
5
310
294
289
298
1,483
1,485
1,484
1,485
-—
Mar.
Mar.
Mar.
Mar.
Mar.
1 _
8
15
22
29
78
80
90
92
128
768
769
999
633
560
402
396
390
386
392
13,367
13,531
13,787
13,388
13,420
6,843
6,956
6,938
6,958
7,135
6,979
7,030
7,129
7,027
7,211
270
226
234
237
240
362
469
574
327
244
116
116
116
113
111
2,729
2,780
2,832
2,724
2,651
494
495
497
537
533
582
587
588
587
589
44
46
27
33
40
5
5
7
7
7
299
291
301
314
314
1,487
1,486
1,482
1,482
1,480
Apr.
Apr.
Apr.
Apr.
5
12.
19
26.
101
79
74
73
562
616
579
586
389
389
381
382
13,528
13,671
13,890
13,990
7,132
7,221
7,368
7,428
7,193
7,328
7,420
7,452
238
240
269
282
263
269
258
280
112
111
112
106
2,751
2,754
2,790
2,844
542
536
587
554
588
583
.581
579
41
42
43
45
6 .....
7
6
6
314
318
340
358
1,480
1,483
1,484
1,484
May 3
May 10
May 17
May 24
May 31
74
74
77
78
82
580
556
584
621
688
385
385
394
389
397
13,878
13,914
13,848
14,067
14,203
7,378
7,460
7,350
7,533
7,614
7,319
7,488
7,442
7,556
7,668
372
262
251
292
344
267
266
241
306
290
102
96
86
76
66
2,800
2,786
2,827
2,824
2,830
563
557
550
551
546
578
578
577
580
579
42
44
44
44
38
6
6
6
7
7
341
341
338
345
345
1,488
1,490
1,486
1,486
1,490
June 7
June 14.
June 21
June 28
77
77
74
77
592
627
534
555
400
396
376
379
14,043
14,123
14,063
14,076
7,590
7,624
7,640
7,578
7,574
7,684
7,644
7,643
292
307
299
268
316
260
231
222
61
60
60
60
2,803
2,836
2,850
2,891
538
521
514
514
575
579
583
584
41
41
40
41
7
7
7
7
344
340
345
363
1,492
1,488
1,490
1,483
July 5
July 12
July 19
July 26. .
76
77
76
78
679
541
541
517
370
376
380
372
14,211
14,186
14,195
14,284
7,524
7,656
7,655
7,804
7,706
7,759
7,764
7,864
203
224
214
258
294
214
218
199
62
61
59
56
2,940
2,940
2,941
2,892
534
526
533
539
587
587
586
596
41
43
46
47
7
6
7
7
360
348
348
346
1,477
1,478
1,479
1,480
Aug.
Aug.
Aug.
Aug.
Aug.
73
73
76
76
72
690
485
665
577
517
378
377
374
376
378
14,465
14,334
14,706
14,746
14,916
7,715
7,791
7,875
7,951
8,195
7,701
7,760
7,958
7,974
8,174
343
306
291
274
308
361
210
291
280
230
55
52
50
48
48
2,987
2,983
3,074
3,105
3,112
538
544
569
585
607
597
603
594
594
596
49
50
50
51
51
7
6
6
6
6
346
337
341
347
303
1,481
1,483
1,482
1,482
1,481
Sept. 6
Sept. 13
Sept. 20.. _
Sept. 27., .
72
72
74
73
675
740
573
588
372
375
365
361
15,084
15,326
15,117
15,219
8,151
8,195
8,091
8,170
8,228
8,347
8,227
8,271
257
269
214
257
341
319
223
230
49
48
49
48
3,179
3,308
3,359
3,354
633
643
660
666
597
604
599
603
49
43
43
44
267
264
264
266
1,479
1,475
1,473
1,474
Oct. 4
Oct. 11.
Oct. 18
Oct. 25
74
71
75
72
507
600
656
692
373
374
372
375
15,208
15,306
15,412
15,592
8,210
8,214
8,256
8,356
8,225
8,377
8,446
8,526
272
239
210
237
220
198
256
285
49 3,389
49 ,372
49 ,377
48 ,386
670
693
702
724
609
611
616
625
45
46
37
37
1
1
1
5
5
5
5
248
240
238
242
1,476
1,475
1,475
1,476
Nov. 1 .
Nov. 8
Nov. 15
Nov. 22..
Nov. 29.
72
71
80
79
80
798
618
685
584
659
372
377
368
413
367
15,555
15,408
15,516
15,598
15,705
8,212
8,265
8,256
8,458
8,459
8,365
8,299
8,393
8,466
8,507
330
328
317
334
329
315
256
231
242
282
49
49
48
48
49
,439
,415
,465
,429
,444
646
643
640
639
656
628
629
630
629
616
38
37
40
38
37
1
1
1
1
1
5
5
5
5
6
259
266
267
288
301
1,480
1,480
1,479
1,479
1,477
Dec. 6
Dec. 13.. .
Dec. 20.
Dec. 27
Monthly
averages:
January____
February. _.
March
April
80
90
85
81
480
901
698
757
371
373
358
358
15,471
15,930
15,635
15,632
8,416
8,447
8,378
8,321
8,444
8,654
8,577
8,545
258
251
212
240
194
443
287
293
50
49
50
49
,414
,411
,400
,398
663
673
673
664
620
624
617
620
38
"38
34
35
1
1
1
1
6
6
6
6
301
299
295
301
1,482
1,481
1,483
1,480
73
74
94
82
77
76
77
74
72
73
76
84
640
664
746
586
606
577
569
587
644
614
669
709
415
407
393
385
390
387
375
376
369
374
379
365
13,039
13,161
13,498
13,770
13,982
14,076
14,219
4,633
5,187
5,380
5,556
5,667
6,730
6,844
6,966
7,287
7,467
7,608
7,660
7,905
8,152
8,259
8,330
8,390
7,08 5
7,2C 9
242
7,075
7,348
257
7,495
304
292
7,636
7,773
225
7,913
304
8,268
249
8,394
240
8,406
328
8,555
240
285
299
395
268
274
257
231
274
278
240
265
304
116
116
114
110
85
60
59
51
49
49
49
50
,661
,639
,743
,785
,814
,845
,928
,052
,300
,381
,438
,406
464
490
511
555
553
522
533
569
651
697
645
668
613
62 1
587
583
578
580
589
597
601
615
626
620
38
43
42
41
44
50
45
41
38
36
331
298
304
332
342
348
351
335
265
242
276
299
1,479
1,484
1,483
1,4&
1,488
1,488
1,479
1,482
1,475
1,475
1,479
1,482
2_.._
9
16
23 „
30
May
J une
July .
August
September.
October
November .
December..
_____
5
6
6
6
-----
-.-.-
.....
1
1
1
5
5
6
6
7
7
7
6
6
5
5
6
-----
.....
:::::
—
"...
3
U. S. Treasurer's time deposits, open account, are combined with postal sayings (time) deposits. Such open accounts were first established
in November 1938 but were not segregated from other Government deposits until February or March 1939.
BANKING AND MONETARY STATISTICS
192
NO. 49-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITY[Wednesday figures. In millions of dollars]
Investments
Loans
Date or
month
Total
loans
and
investments
For
Compurchasing
meror carrying
cial, Open
securities
Real To
indus- marTo
estate hanks Other
Total trial ket
and paper brokTo
ers
agriand others
culdealtural
ers
Total
U. S. Government obligations
Direct
Total
Total
Bills Notes Bonds
Reserves
with Cash
Fedin
Other eral vault
secu- EeGuar- rities aerve
anteed
Bank
1940
Jan, 3
Jan 10
Jan, 17 ....
Jan. 24__._...
Jan. 31 .....
8,703
8,709
8,789
8,762
8,798
3,025
3,028
2,977
2,946
2,926
1,672
1,693
1,672
1,666
1,653
111
111
109
109
108
538
519
498
487
475
176
176
177
166
162
112
112
111
112
112
42
44
38
35
46
374
373
372
371
370
5,678
5,681
5,812
5,816
5,872
,518
,514
,641
,636
,658
3,285
3,299
3,415
3,408
3,418
300
288
280
260
240
706
704
705
717
717
2,279
2,307
2,430
2,431
2,461
1,233
1,215
1,226
1,228
1,240
1,160
1,167
1,171
1,180
1,214
5,735
5,735
5,820
5,972
6,004
80
81
77
76
75
Feb. 7
Feb. 1 4 _ _ _ . . .
Feb. 21
Feb 28
8,790
8,785
8,812
8,853
2,921
2,918
2,923
2,909
1,654
1,650
1,645
1,651
109
111
114
113
467
465
472
457
161
161
160
160
112
112
113
112
48
49
50
46
370
370
369
370
5,869
5,867
5,889
5,944
4,653
4,622
4,630
4,639
3,394
3,349
3,358
3,369
192
177
179
201
723
722
722
719
2fe479
2,450
2,457
2,449
1,259
1,273
1,272
1,270
1,216
1,245
1,259
1,305
5,989
5,963
6,088
6,181
76
81
78
81
Mar. 6— —
Mar. 13
Mar. 20— Mar. 27 .- ..
8,894
9,013
9,036
9,057
2,953 ,664
2,980 ,675
2,970 1,684
2,953 ,679
117
116
115
112
482
504
485
467
159
159
159
164
112
113
113
119
50
43
45
43
369
370
369
369
5,941
6,033
6,066
6,104
4,636
4,712
4,756
4,756
3,373
3,465
3,520
3,505
190
180
185
174
710
785
830
831
2,473
2,500
2,505
2,500
1,263
1,247
1,236
1,251
1,305
1,321
1,310
1,348
6,198
6,156
6,124
6,134
75
79
75
79
Apr.
Apr.
Apr.
Apr.
3 ....
10
17-._...
24
9,025
9,084
9,165
9,159
2,976
2,956
2,967
2,961
,693
,670
,691
,689
112
112
110
109
481
489
479
480
162
160
159
159
118
119
119
119
44
42
42
37
366
364
367
368
6,049
6,128
6,198
6,198
4,784
4,808
4,877
4,882
3,543
3,574
3,619
3,604
176
175
165
163
867
873
892
921
2,500
2,526
2,562
2,520
1,241
1,234
1,258
1,278
1,265
1,320
1,321
1,316
6,201
6,254
6,246
6,335
76
78
81
77
May 1
May 8
May 15......
May 22 =
May 29......
9,121
9,174
9,180
9,165
9,219
2,958
2,958
2,936
2,869
2,802
,679
,676
,680
,671
,658
108
111
108
107
105
476
477
458
403
350
160
160
159
160
159
120
120
120
120
121
46
44
37
37
39
369
370
374
371
370
6,163
6,216
6,244
6,296
6,417
4,879
4,977
4,988
5,035
5,095
3,601
3,681
3,729
3,767
3,820
185
237
244
258
287
917
944
956
962
969
2,499
2,500
2,529
2,547
2,564
1,278
1,296
1,259
1,268
1,275
1,284
1,239
1,256
1,261
1,322
6,336
6,235
6,388
6,499
6,460
74
77
77
81
87
June 5
June 12......
June 19_ —
June 26 . ..
9,228
9,307
9,241
9,277
2,760
2,777
2,764
2,753
,656
,668
,672
,688
104
103
99
99
312
312
294
276
159
159
160
159
121
122
122
122
32
35
41
32
376
378
376
377
6,468
6,530
6,477
6,524
5,173
5,207
5,207
5,238
3,894
3,928
3,928
3,949
969 2,560
365
971 2,559
398
409 1,000 2,519
414 1,014 2,521
1,279
1,279
1,279
1,289
1,295
1,323
1,270
1,286
6,470
6,545
6,745
6,729
81
83
80
85
July
JuJy
July
July
July
3.—
]0—-_
17— ....
24— ..
31 . ...
9,273
9,379
9,400
9,458
9,489
2,768
2,764
2,786
2,786
2,788
,712
,714
,711
,713
,698
96
91
91
87
86
262
265
287
288
302
166
166
169
169
167
122
122
122
123
123
33
29
28
29
31
377
377
378
377
381
6,505
6,615
6,614
6,672
6,701
5,216
5,264
5,261
5,336
5,348
3,926
3,977
3,975
4,048
4,059
369 1,015 2,542 1,290 1,289 6,721
411 1,023 2,543 1,287 1,351 6,719
403 ,034 2,538 1,286 1,353 6,663
389 ,051 2,608 1,288 1,336 6,635
389 ,052 2,618 1,289 1,353 6,549
83
83
82
80
79
AUK. 7. ......
Aug. 14
Aug. 21 —
Aug. 28
0,527
9,520
9,600
9,568
2,766
2,754
2,751
2,737
,708
,703
,691
,691
84
82
83
82
275
270
273
259
165
164
166
162
123
124
124
124
30
28
29
31
381
383
385
388
6,761
6,766
6,849
6,831
5,402
5,404
5,421
5,402
4,033
4,030
4,048
4,030
341
329
343
324
,055
,061
,062
,062
2,637
2,640
2,643
2,644
1,369
1,374
1,373
1.372
1,359
1,362
1,428
1,429
6,380
6,394
6,422
6.470
80
85
80
85
Sept. 4 .....
Sept. 11
Sept. 18.,.—
Sept. 25
9,599
9,678
9,691
9,596
2,765
2,826
2,833
2,828
,691
,742
,750
,753
77
76
74
74
281
285
295
301
162
163
164
163
124
124
124
123
38
43
36
27
392
393
390
387
6,834
6,852
6,858
6,768
5,398
5,418
5.394
5,314
4,025
4,044
4,018
3,933
323
330
319
274
,047
,046
,045
,014
2,655
2,668
2,654
2,645
1,373
1,374
1,376
1,381
1,436
1,434
1,464
1,454
6,401
6,391
6,417
6,474
84
85
82
84
Oct. 2........ 9,687 2,870
9,600 2,846
Oct. 9
0,608 2,880
9,651 2,887
9,678 2,889
,767
,781
,800
,818
,827
79
78
78
79
79
324
288
307
297
2SO
161
163
158
156
157
120
120
119
119
117
33
30
30
30
28
386
386
388
388
391
6,817
6,754
6,728
6,764
6,789
5,372
5,327
5,346
5,372
5,366
3,967
3,917
3,913
3,930
3,915
292 1,054 2,621 1,405 1,445 6,466
322
945 2,650 1,410 1,427 6,565
946 2,634 1,433 1,382 6,551
333
949 2,646 1,442 1,392 6,678
335
314
963 2,638 1,451 1,423 6,747
81
84
80
83
90
0,758
9,799
1 9,853
9,843
2,942
2,958
2,959
2,982
,843
,866
,865
,868
79
77
80
82
326
320
324
339
157
158
158
163
117
117
117
117
29
29
25
25
391
391
390
388
6,816
6,841
6,894
6,861
5,475
5,517
5,581
5,618
3,957
3,990
4,060
4,083
329
344
355
354
1,518
1,527
1,521
1,530
1,341
1,324
1,313
1,243
6,627 ' 90
91
6,626
90
6,710
92
6,814
Dec 4
9,905
Dec. 11
10,030
Dec. 1 8 _ _ — _ 10,262
Dec. 24
10,323
Dec. 31.... „ 10,298
2,986
3,069
3,099
3,093
3,121
1,885
1,903
1,903
1,906
1,907
8T
89
90
91
93
320
380
400
387
419
163
163
172
172
171
117
116
114
114
113
26
26
26
26
24
388
392
394
397
394
6,919
6,967
7,163
7,230
7,177
5,642
5,660
5,823
5,850
5,798
4,088
4,102
4,257
4,283
4, -224
973 2,796 1,554
319
967 2,813 1,558
322
300 1,131 2,826 1,566
281 1,168 2,834 1,567
203 1,170 2,851 1,574
1,277
1,307
1,340
1,380
1,379
6,713
6,711
6,599
6,645
6,749
90
101
104
96
91
Monthly
averages:
January
February..
March.....
April
May-—
June
July
August
September _
October
November.
December .
2,980
2,918
2,964
2,965
2,905
2,763
2,778
2,752
2,813
2,874
2,960
3.074
1,671
1,650
1,676
1,686
,673
,671
,710
,698
,734
,798
,860
1,901
110
112
115
111
108
101
90
83
75
79
80
90
503
465
485
482
433
298
281
269
290
301
327
381
171
161
160
160
160
159
167
164
163
159
159
168
112
112
114
119
120
122
122
124
124
119
117
115
41
48
45
41
40
35
30
30
36
30
27
26
372
370
369
366
371
377
378
384
391
388
390
393
5,772
5,892
6,036
6,143
6,267
6,500
6,622
6,802
6,828
6,770
6,853
7,091
4,593
4,636
4,715
4,838
4,995
5.207
5,285
5,407
5,381
5,356
5,548
5,755
3,365
3,368
3,466
3,585
3,720
3,925
3,997
4,035
4,005
3,928
4,024
4,191
274
187
182
170
242
396
392
334
312
319
345
285
1,228
1,268
1,249
1,253
1,275
1,282
1,288
1,372
1,376
1,428
1,524
1,564
1,179
1,256
1,321
1,305
1,272
1,293
1,337
1,395
1,447
1,414
1,305
1,336
5,853
6,055
6,153
6,259
6,384
6,622
6,657
6,417
6,421
6,601
6,694
6,683
78
79
77
78
79
82
81
82
84
84
91
96
Oct. 16—
Oct. 23.......
Oct. 30..
.
Nov. 6....
Nov. 13 .
Nov. 20
Nov. 27
8,752
8,810
9,000
9,108
9,172
9,263
9,400
9,554
9,641
9,644
9,813
10,165
957
959
958
960
710
722
789
888
950
989
1,035
1,060
1,038
971
959
1,082
2,671
2,687
2,747
2,774
2,381
2,459
2,495
2,527
2,528
2,540
2,570
2,641
2,655
2,638
2,720
2.824
REPORTING MEMBER BANKS
193
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 19t9-l941-Continued
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Date or
month
Cash
Total
Indiassets
Bal- items
in
De- viduals,
ances
mand partwith proc- Other
ess assets
deposits nerdoships,
admestic of
justed corpoTotal
banka collecliabilition
rations,
ties
etc.
1940
3
10
17
24
31
Jan.
Jan.
Jan.
Jan
Jan.
Interbank
States Certified U.S.
and
polit- and Governoffiical
sub- cers' ment Do- Fordivi- checks,
mestic eign
sions etc.
Individuals
partnerships,
corporations,
etc.
States
and
political
subdivisions
82
79
81
79
82
354
358
359
361
375
15,610
15,547
15,795
15,793
16,023
8,301
8,407
8,483
8,657
8,727
8,485
8,539
8,678
8,754
8,858
203
191
179
193
237
269
262
295
253
321
51
50
45
45
45
3,500
3,408
3,500
3,463
3,485
667
664
678
674
668
625
618
617
614
611
34
36
40
36
36
77
83
83
80
Feb. 7
Feb. 14
Feb. 21
Feb. 28
656
585
669
543
689
506
666
750
552
415
366
362
363
15,853
15,944
16,173
16,110
8,719
8,659
8,821
8,986
8,763
8,827
8,938
9,020
223
222
201
272
239
276
432
246
44
44
44
44
3,497
3,478
3,469
3,450
673
691
677
666
U.S. Interbank
Government
and
postal PO-. Forsav- mestic eign
ings1
1
1
Borrowings
CapOther ital
liabili- acties counts
1
1
5
5 — —
5
5
5
285
288
271
268
266
1,485
1,485
1,486
1,487
1,490
610 . 30
31
609
36
615
36
617
1
1
1
1
5
5
5
5
277
269
265
265
1,491
1,491
1,4:0
1,4-8
:::::.
—
Mar.
Mar
Mar.
Mar
6
13
20
27
80
82
85
138
584
576
565
752
364
370
351
345
16,195
16,276
16,236
16,505
8,977
8,992
8,908
9,037
9,061
9,111
9,027
9,248
215
205
194
226
285
252
252
315
44
44
44
44
3,502
3,525
3,567
3,521
660
661
682
668
619
670
672
672
31
31
28
29
1
1
1
1
5
4
4
4
280
283
276
287
1,492
1,489
1,489
1,490
Apr.
Apr.
Apr.
Apr
3
10
17
24
131
82
83
388
349
349
342
16,380
16,460
16,526
16,597
9,054
9,067
9,106
9,121
9,126
9,106
9,205
9,178
216
288
238
242
271
286
265
304
46
44
45
44
3,576
3,595
3,680
3,711
660
656
651
668
683
686
637
639
27
27
27
27
1
4
4
4
4
276
273
279
282
1,494
1,495
1,495
1,498
81
559
613
602
603
May 1
May 8
May 15
May 22
May 29
81
82
87
87
96
804
468
772
660
609
351
353
349
362
376
16,767
16,389
16,853
16,854
16,847
9,082
9,059
9,147
9,332
9,393
9,239
9,078
9,312
9,415
9,486
327
234
266
251
260
320
215
341
326
256
44
44
43
44
44
3,724
3,707
3,786
3,725
3,696
655
651
648
632
643
633
631
632
632
642
27
27
25
25
25
4
4
4
4
4
292
295
294
298
293
1,502
1,503
1,502
1,502
1,498
June 5
June 12
June 19
June 26
86
80
81
82
470
684
518
595
390
343
326
322
16,725
17,042
16,991
17,090
9,415
9,518
9,541
9,621
9,462
9,776
9,621
9,753
218
204
215
216
205
222
223
247
44
43
43
44
3,682
3,689
3,787
3,739
638
631
629
621
647
644
646
649
25
26
22
22
4
4
4
4
296
303
300
301
1,504
1,500
1,501
1,494
July 3
July 10
July 17
July 24
July 31
82
80
87
83
79
653
503
531
531
580
323
325
324
322
359
17,135
17,089
17,087
17,109
17,135
9,563
9,776
9,710
9,776
9,753
9,695
9,756
9,776
9,779
9,844
253
314
272
280
283
268
209
193
248
206
40
29
26
35
35
3,782
3,700
3,735
3,685
3,684
626
612
616
619
616
657
655
656
658
659
26
26
26
27
28
4
4
4
4
4
297
295
294
285
283
1,487
1,489
1,489
1,489
1,493
Aug.
Aug.
Aug.
Aug.
7
14
21
28
79
79
80
78
450
523
508
450
331
321
322
319
16,847
16,922
17,012
16,970
9,634
9,620
9,732
9,727
9,641
9,683
9,723
9,705
264
255
296
295
179
205
221
177
35
35
35
35
3,624
3,630
3,622
3,640
625
630
620
622
663
667
670
671
37
38
40
43
4
4
4
4
280
281
286
283
1,495
1,494
1,495
1,495
Sept. 4
Sept. 11
Sept. 18
Sept. 25
81
80
82
82
511
527
537
575
324 17,000
326 17,087
321 17,130
320 17,131
9,672
9,681
9,655
9,685
9,704
9,799
9,728
9,729
263
225
254
252
216
184
210
279
35
35
35
35
3,654
3,707
3,758
3,687
613
614
626
632
686
685
681
681
44
45
40
40
4
4
4
4
286
296
302
301
1,495
1,493
1,492
1,491
Get
Oct.
Oct.
Oct
Oct.
82
82
85
80
80
579
512
677
547
608
332
336
345
324
327
17,227 9,688
17,179 9,737
17,346 9,695
17,363 9,889
17,530 10,031
9,759
9,743
9,908
9,894
9,997
283
271
218
301
391
225
235
246
241
251
36
35
35
35
35
3,790
3,753
3,813
3,756
3,740
619
632
623
623
60S
685
679
680
676
666
40
40
39
44
44
4
4
4
4
4
291
290
283
291
296
1,495
1,497
1,497
1,498
1,498
759
837
702
604
334 17,651 9,853
337 17,775 9,951
336 17,775 10,058
379 7,814 10,225
9,908
0,073
0,165
0,239
374
342
322
312
330
373
273
278
36
35
35
35
3,868
3,815
3,861
3,826
606
607
596
612
676
676
676
667
45
45
42
42
4
4
4
4
297
296
297
294.
1,507
1,509
1,504
1,505
0,227
0,491
0,483
0,553
0,691
272
311
328
369
351
252
312
435
278
423
29 3,771
28 3,749
29 ,877
28 ,807
29 ,920
613
612
606
601
629
663
670
678
680
693
42
42
42
43
44
4
4
4
4
4
305
312
312
318
316
1,506
1,502
1,512
1,514
1,503
670
677
668
659
646
630
618
624
621
621
605
612
617
613
658
661
634
647
657
668
683
677
674
677
276
269
281
277
294
300
291
282'
296
290
296
312
1,487
1,490
1,490
U496
1,502
1,500
K489
1,495
1,493
1.497
1,506
1,507
2
9
16
23
30
,
Nov.
Nov.
Nov.
Nov.
6
13
20
27
83
85
84
82
Dec.
Dec
Dec.
Dec.
Dec.
4
11
18
25
31
82
556
758
87
932
86
721
88
80 1,055
Monthly
averages:
628
January
80
619
February . _ 81
619
March
96
594
95
April
662
May
87
567
83
June ,
560
82
July
483
79
August
538
81
September.
585
October
82
726
83
November _
804
85
December,,
1
U. S. Treasurer's time
338
340
323
322
330
7,684
8,033
8,306
8,195
8,603
10,195
10,356
10,314
10,479
10,410
5,753 8,515 8,663
200
6,020 8,796 8,887
230
210
6,303 8,979 9,112
9,087 9,154
246
6,491
6,742. 9,203 9,306
267
6,962 9,524 9,653
213
7,111
280
9,716 9,770
6,938 9,678 9,688
278
7,087 9,673 9,740
249
293
7,329 9,808 S,860
7,754 10,022 0,096
338
8,164 10,351 1 10,489
326
deposits, open.account, are combined
362
376
358
357
358
345
331
323
322
333
347
331
47 ,471
280
44 ,473
298
44 ,529
276
282
45 ,640
44 ,727
292
224
43 ,724
33 ,717
225
35 ,629
195
222
35 ,702
35 ,770
240
35 ,843
314
29 ,825
340
with postal savings
36
33
30
27
26
24
27
40
42
42
43
43
(time) deposits.
1
1
1
5
5
4
4
4
4
4
4
4
4
4
4
——
"-
.__._
-—
----—»
„_..
194
BANKING AND MONETARY STATISTICS
NO. 4S-WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITY[Wednesday figures. In millions of dollars]
Loans
For
Compurchasing
Total
merloans
cial, Open or carrying
securities
and
indus- marTo
Real
inveatr Total trial
To
ket
estate banks Other Total
mente
and paper brokers
agriTo
and others
culdealtural
ers
Date or
month
1941
Jan. 8
Jan. 15
Jan, 22
Jan. 29
Investments
TJ. S. Government obligations
I
Direct
Total
Total
Bills Notes Bonds
Reserves !
with Cash
Fedin
Other eral vault
secu- ReGuar- rities serve
anteed
Bank
10,314
... 10,328
10,362
10,394
3,060
3,038
3,042
3,054
1,918
1,919
1,925
1,943
95
94
92
91
350
323
328
321
169
170
169
168
113
113
113
113
24
23
23
24
391
396
392
394
7,254
7,290
7,320
7,340
5,866
5,907
5,930
5,949
4,278
4,325
4,354
4,372
165
172
170
175
1,215
1,232
1,245
1,263
2,898
2,921
2,939,
2,934
1,588
1,582
1,576
1,577
1,388
1,383
1,390
1,391
6,796
6,831
6,855
6,734
90
83
86
87
Feb. 5
Feb. 12
Feb. 19
Feb. 26
10,664
10,690
10,719
10,776
3,042
3,046
3,063
3,100
1,963
1,980
2,002
1,989
90
91
90
89
297
287
282
332
167
166
167
166
112
112
111
111
23
22
23
23
390
388
388
390
7,622
7,644
7,656
7,676
6,183
6,204
6,195
6,151
4,600
4,611
4,605
4,562
149
147
143
158
1,487
1,492
1,496
1,516
2,964
2,972
2,966
2,888
1,583
1,593
1,590
1,589
1,439
1,440
1,461
1,525
6,395
6,395
6,535
6,729
84
84
82
87
Mar. 5,.,....
Mar. 12Mar. 19
Mar. 26 .
10,843
10,892
10,908
11,022
3,159
3,223
3,204
3,250
2,022
2,076
2,070
2,064
91
96
101
97
348
354
336
391
165
166
165
166
111
111
111
112
29
29
28
28
393
392
393
393
7,684
7,669
7,704
7,772
6,168
6,219
6,253
6,309
4,571
4,636
4,690
4,739
147
211
270
278
1,523
1,522
1,429
1,411
2,901
2,903
2,991
3,050
1,597
1,583
1,563
1,570
1,516
1,450
1,451
1,483
6,756
6,755
6,532
6,4'tG
82
85
81
84
Apr. 2 _ _ _ - - _ .
Apr.O.....—
Apr. 16......
Apr. 23...—
Apr. 30
11,053
11,132
11,155
11,456
11,617
3,252
3,225
3,226
3,202
3,238
2,073
2,084
2,095
2,088
2,109
97
96
93
94
98
370
344
337
323
330
165 , I11
112
165
164
111
112
162
113
160
42
30
30
28
32
394
394
396
395
396
7,801
7,907
7,929
8,254
8,279
6,334
6,430
6,471
6,799
6,858
4,758
4,850
4,885
5,006
5,054
250
318
345
409
437
1,340
1,359
1,366
1,390
1,414
3,168
3,173
3,174
3,207
3,203
1,576
1,580
1,586
1,793
1,804
1,467
1,477
1,458
1,455
1,421
6,472
6,315
6,354
5,981
5,888
70
84
81
83
84
May
May
May
May
7..
14
21
28
11,530
11,616
11,635
11,759
3,244
3,251
3,321
3,442
2,123
2,127
2.149
2,166
96
91
89
92
317
318
332
427
160
160
163
163
114
114
113
114
29
32
32
32
406
409
443
448
8,286
8,365
8,314
8,317
6,911
6,983
6,879
6,942
5,104
5,163
5,146
5,205
459
500
486
503
1,434
1,451
1,454
1,455
3,211
3,212
3,206
3,247
1,807
1,820
1,733
1,737
1,375
1,382
1,435
1,375
5,800
5,745
6,001
6,042
86
89
85
97
June
June
June
June
4
11
18
25
11,832
11,769
11,761
11,812
3,387
3,406
3,420
3,433
2,182
2,210
2,227
2,231
93
94
93
94
359
347
340
349
169
160
169
164
113
114
114
114
31
30
33
30
450
451
454
451
8,445
8,363
8,341
8,379
7,060
6,987
6,986
6,977
5,324
5,265
5,270
5,261
575
589
587
579
1,456
1,453
1,454
1,460
3,293
3,223
3,229
3,222
1,736
1,722
1,716
1,716
1,385
1,376
1,355
1,402
5,658
5,752
5,640
5,617
112
123
125
132
July 2
July 9
July 16
July 23
July 30.
11,865
11,930
11,954
11,896
11,983
3,500
3,492
3,507
3,477
3,505
2,264
2,278
2,295
2,300
2,318
91
89
91
88
89
382
369
363
333
339
168
165
165
162
162
111
112
112
112
112
32
29
31
30
32
452
450
450
452
453
8,365
8,438
8,447
8,419
8,478
7,021
7,098
7,112
7,081
7,087
5,314
5,295
5,310
5,234
5,241
610
607
630
587
591
1,459
1,444
1,438
1,433
1,434
3,245
3,244
3,242
3,214
3,216
1,707
1,803
1,802
1,847
1,846
1,344
1,340
1,335
1,338
1,391
5,622
5,465
5,593
5,660
5,5B9
128
126
94
91
95
Aug. 6
Aug. 13 .
Aug. 20
Aug. 27
12,001
12,041
12,127
12,157
3,512
3,545
3,540
3,537
2,337
2,372
2,385
2,375
88
88
84
81
332
328
317
325
161
161
160
160
112
111
109
109
31
33
32
34
451
452
453
453
8,489
8,496
8,587
8,620
7,097
7,074
7,091
7,066
5,252
5,215
5,237
5,209
625
582
609
590
1,432
1,433
1,445
1,443
3,195
3,200
3,183
3,176
1,845
1,859
1,854
1,857
1,392
1,422
1,496
1,554
5,360
5,263
5,339
5,302
88
90
85
90
Sept. 3,
Sept 10
Sept. 17
Sept. 24
12,270
12,259
12,152
12,208
3,695
3,709
3,600
3,616
2,393
2,428
2,435
2,450
79
77
76
74
462
445
336
342
159
159
159
159
110
109
108
107
35
33
32
31
457
458
454
453
8,575
8,550
8,552
8,592
7,031
7,009
7,004
7,040
5,177
5,157
5,147
5,170
548
503
460
468
1,442
1,443
1,450
1,463
3,187
3,211
3,237
3,249
1,854
1,852
1,857
1,870
1,544
1,541
1,548
1,552
5,257
5,300
5,315
5,267
SS
91
84
84
Oct. 1 . . . 12,237
12,188
Oct 8
Oct. 15. -.. 12,309
12,326
Oct 22
12,268
Oct. 29
3,654
13,686
3,783
3,755
3,750
2,482
2,515
2,547
2,544
2,627
72
72
83
84
82
354
356
400
378
390
151
150
154
153
152
107
107
106
106
107
30
30
34
29
29
468
456
459
461
463
8,583
8,502
8,526
8,571
8,518
7,002
6,968
6,985
7,045
7,005
5,140
5,099
5,104
5,155
5,125
479
474
449
423
384
1,437
1,402
1,412
1,408
1,431
3,224
3,223
3,243
3,324
3,310
1,862
1,869
1,881
1,890
1,880
1,581
1,534
!l,541
1,526
1,513
5,161
5,157
5,138
4,985
4,755
80
82
81
81
84
12,195 |3,770 2,536
2,565
12,225
12,184 ,780 2,562
,768
12,151 1,801 2,646
12,132 ,772 2,642
12,220 ,799 2,666
12,314 ,816 2,601
12,275 ,819 2,605
12,159 ,772 2,573
82
84
84
86
401
403
381
384
152
151
153
153
107
107 I
107
104
34
33
31
31
458
458
462
465
8,425
8,424
8,404
8,383
6,967
6,980
6,953
6,918
5,367
5,373
5,347
5,321
401
419
425
410
1,619
1,621
1,598
1,572
3,347
3,333
3,324
3,339
1,600
1,607
1,606
1,597
1,458
1,444
1,451
1,465
4,623
4,644
4,833
5,006
85
87
87
88
87
85
391
388
379
373
364
153
152
150
148
150
104
103
104
104
104
32
37
39
39
31
463
466
455
463
465
8,360
8,421
8,498
8,456
8,387
6,920
6,981
7,055
7,001
6,924
5,315
5,356 !
5,435
5,370
5,296
404
408
371
335
309
1,571
1,570
1,568
1,557
1,554
3,340
3,378
3,496
3,478
3,433
1,605
1,625
1,620
1,631
1,628
1,440
1,440
1,443
1,455
1,463
5,021
4,981
4,816
4,788
4,843
79
91
99
89
81
93
90
96
96
92
94
90
85
77
79
84
87
331
300
357
341
349
349
357
326
396
376
392
379
169
166
165
163
161
161
164
161
159
162
153
161
113
112
111
112
114
114
112
110
108
107
106
104
24
23
29
32
31
30
31
33
33
30
32
36
393
389
393
395
426
451
451
452
456
459
461
462
7,301
7,649
7,707
8,034
8,321
8,382
8,430
8,548
8,567
8,540
8,409
8,424
5,913
6,183
6,237
6,578
6,929
7,003
7,080
7,082
7,021
7,001
6,955
6,976
4,332
4,594
4,659
4,910
5,155
5,280
5,279
5,228
5,163
5,125
5,352
5,354
170
149
227
351
487
582
605
602
495
442
414
365
15239
1,498
1,471
1,374
1S449
1,456
1,442
1,438
1,447
1,418
1,602
1,564
2,923
2,947
2,961
3,185
3,219
3,242
3,232
3,188
3,221
3,265
3,336
3,425
1,581
1,589
1,578
1,668
1,774
1,723
1,801
1,854
1,858
1,876
1,603
1,622
1,388
1,466
1,470
1,456
1,392
1,379
1,350
1,466
1,546
1,539
1,454
1,448
6,809
0,514
6,622
6,202
5,867
5,667
5,586
5,316
5,285
5,039
4,776
4,890
87
84
83
82
§9
123
107
88
86
82
85
88
Nov. 5
Nov. 12
Nov..l9
Nov 26
Dec. 3
D*c, 10
Dec 17
Dec 24
Deo. 31
Monthly
averages:
10,350
January
February.. 10,712
10,916
March
11,263
April
11,635
May
11,794
June
11,926
July
12,082
August
September. 12,222
October.— 12,266
November. 12,189
December. 12,220
,049
;3,063
3,209
3,229
3,;ii4
5,412
3,496
3,634
3,655
3,726
3,780
3,796
1,926
1,983
2,058
2,090
2,141
2,213
2,291
2,367
2,426
2,623
2,662
2,577
as
81
84
REPORTING MEMBER BANKS
195
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Date or
month
Balances
with
domestic
banks
Total
Cash
Indiassets
items
in
De- viduals,
mand partproc- Other
deposits neress assets
adships,
of
Total justed corpocollecliabilirations,
tion
ties
etc.
States
and
political
subdivisions
Certified
and
officers'
checks,
etc.
U.S.
Government
IndividInterbank
uals, States
part- and
ner- politships, ical
Do- For- corpo- subdiviramestic eign
tions, sions
etc.
Interbank
U.S.
Government
and
Do- Forpostal mestic eign
sav-1
ings
CapBor- Other ital
row- liabili- acings
ties counts
1941
Jan. 8
Jan 15
Jan. 22
Jan 29
81
87
84
88
561
711
606
683
320
321
322
346
18,162
18,381
18,315
18,332
10,486
10,542
10,652
10,632
10,448
10,657
10,632
10,671
317
320
331
350
282
276
295
294
29
16
16
14
3,942
3,978
3,926
3,871
601
597
577
585
688
690
689
693
43
41
41
42
4
4
4
4
306
300
302
306
1,502
1,502
1,502
1,502
Feb. 5
Feb. 12
Feb. 19
Feb. 26
84
91
93
102
568
584
638
726
350
371
336
342
18,145
18,215
18,403
18,762
10,603
10,691
10,780
10,985
10,581
10,687
10,835
10,931
318
324
300
440
272
264
283
340
14
14
14
16
3,820
3,801
3,830
3,907
584
566
566
568
700
702
713
711
51
52
53
38
3
3
3
3
295
295
299
302
1,507
1,507
1,507
1,506
Mar 5
Mar. 12
Mar, 19
Mar. 26
99
101
124
157
669
664
728
660
344
343
327
325
18,793
18,840
18,700
18,694
11,007
11,038
10,880
11,001
11,095
11,111
10,968
11,042
330
308
300
316
251
283
340
303
14
14
14
13
3,947
3,963
3,919
3,885
584
589
591
578
719
720
715
714
32
33
31
31
3
3
3
3
308
310
314
303
1,510
1,506
1,505
1,506
Apr 2
Apr. 9
Apr 16
Apr. 23
Apr 30
157
120
116
97
88
667
528
688
628
820
334
332
332
324
333
18,762
18,511
18,726
18,569
18,730
11,026
10,994
10,941
11,026
10,946
11,100
10,995
11,092
11,056
11,079
289
276
272
311
386
304
251
265
287
301
19
18
18
17
18
3,934
3,836
3,947
3,772
3,819
574
580
590
589
576
713
727
721
716
716
31
31
25
25
25
3
3
3
3
3
285
284
283
282
292
1,510
1,510
1,510
1,511
1,515
May
May
May
May
7
14
21
28
86
89
105
116
517
666
696
667
329
329
328
324
18,348
18,534
18,850
19,005
10,843
10,905
11,181
11,291
10,821
11,016
11,281
11,314
333
342
370
367
206
213
226
277
19
18
19
19
3,831
3,815
3,833
3,897
594
591
591
596
705
701
698
698
26
26
26
26
3
5
5
5
292
290
282
291
1,518
1,517
1,519
1,515
June 4
June 11
June 18
June 25
109
100
87
96
693
756
677
659
334
328
309
309
18,738 11,030 11,065
18,828 11,048 11,180
18,599 10,879 11,020
18,625 10,986 11,080
306
300
262
295
352
324
274
270
20
19
19
19
3,871
3,867
3,889
3,814
581
598
597
604
695
696
702
704
26
25
19
19
5
5
5
5
295
293
292
302
1,522
1,521
1,520
1,513
July 2
July 9
July 16
July 23
July 30
91
89
88
86
84
787
648
765
596
726
308
310
315
315
336
18,801
18,568
18,809
18,644
18,813
10,988
10,925
11,008
11,088
11,100
11,166
11,052
11,234
11,211
11,251
250
236
226
244
277
359
285
313
229
298
20
20
19
17
16
3,877
3,838
3,881
3,807
3,827
598
594
583
586
592
708
721
724
724
735
20
22
22
21
22
5
5
5
5
5
289
284
291
288
282
1,509
1,511
1,511
1,512
1,508
Aug. 6
Aug. 13
Aug 20
Aug. 27
82
85
88
93
546
721
654
620
332
324
315
315
18,409
18,524
18,608
18,577
10,906
10,788
10,979
10,965
10,958
10,997
11,047
10,977
252
247
338
360
242
265
248
248
39
54
66
89
3,778
3,821
3,799
3,791
582
581
563
563
740
740
740
739
23
23
24
25
5
5
5
5
272
272
260
264
1,513
1,519
1,518
1,516
Sept 3
Sept. 10
Sept 17
Sept. 24
84
88
93
87
602
690
658
681
323
325
306
305
18,624
18,753
18,608
18,632
10,978
10,977
10,781
10,816
11,005
11,077
10,937
10,913
330
309
273
282
245
281
229
302
107
107
109
121
3,814
3,855
3,959
3,904
561
561
546
558
738
739
739
736
24
26
23
23
5
5
5
5
275
274
270
270
1,520
1,519
1,518
1.518
Oct. 1
Oct. 8
Oct 15
Oct 22
Oct. 29
90
87
91
93
92
933
684
940
769
683
314
315
306
308
364
18,815
18,513
18,865
18,562
18,246
10,672
10,701
10,706
10,564
10,357
10,865
10,784
11,071
10,735
10,452
342
317
289
277
305
398
284
286
321
283
129
120
124
283
331
3,976
3,882
3,975
3,812
3,747
558
565
567
582
573
736
747
738
735
738
24
24
25
25
25
5
5
5
5
5
262
263
263
264
267
1,520
1,522
1,522
1,523
1.520
Nov
Nov
Nov
Nov
91
90
93
89
827
816
984
647
316
316
312
317
18,137
18,179
18,487
18,294
10,162
10,248
10,320
10,511,
10,327
10,507
10,627
10,503
324
289
272
368
338
268
405
287
336
336
340
357
3,664
3,636
3,687
3,611
575
577
579
593
744
740
747
738
25
25
23
23
5
5
5
5
269
265
271
279
1,530
1,531
1,531
1.530
89
643
88
700
799
92
93
743
92 1,201
325
327
303
310
306
18,289
18,407
18,423
18,298
18,682
10,370
10,524
10,127
10,164
10,040
10,419
10,628
10,338
10,354
10,549
308
295
275
265
299
286
301
313
288
393
404
378
739
777
831
3,706
3,648
3,621
3,474
3,486
586
594
592
601
589
724
714
712
708
708
22
23
23
22
22
5
4
5
5
4
292
289
270
275
266
1,537
1,533
1,535
1,529
1,535
640
629
680
666
637
696
704
635
658
802
818
817
327
349
335
331
327
320
316
322
315
321
315
314
18,298
18,381
18,756
18,660
18,684
18.697
18,727
18,530
18,654
18,600
18,274
18,420
10,578
10,765
10,982
10,987
11,055
10,986
11,022
10,910
10,888
10,600
10,310
10,245
10,602
10,758
11,054
11,064
11,108
11,086
11,183
10,995
10,983
10,782
10,491
10,458
330
345
313
307
353
291
247
299
299
306
313
288
287
290
294
282
231
305
297
251
264
3,14
325
316
19
14
14
18
19
19
18
62
111
197
342
626
3,929
3,839
3,928
3,862
3,844
3,860
3,846
3,797
3,883
3,878
3,650
3,587
690
590
707
571
717
586
582 . 719
700
593
699
595
722
591
740
572
738
556
739
569
742
581
592
713
42
49
32
27
26
22
21
24
24
25
24
23
4
3
3
3
4
5
5
5
5
5
5
5
303
298
308
285
289
296
287
267
272
264
271
278
1,502
1,507
1,507
1,511
1,517
1,519
1,510
1,518
1,519
1,521
1,530
1,534
5
12
19
26
Dec 3
Dec. 10
Dec 17
Dec 24
Dec. 31
Monthly
averages:
January
February „
March
April
May .
June
July
August
SeptemberOctober....
NovemberDecember.
1
85
93
120
116
99
97
88
87
88
90
91
91
U. S. Treasurer's time deposits, open account, are combined with postal savings (time) deposits.
'
::::::
BANKING AND MONETARY STATISTICS
NO. Sd-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITY-.
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, llfMMI
[Friday figures through April 1921; Wednesday figures thereafter. In millions of dollars]
Investments
Loans
Date or month
Total
loans
and
investments
Total
On
securities
All
other
Total
Balances
Interwith
Rebank Borrowserves Cash domestic Net
U.S.
u.s deposits ings
in
banks demand Time Grov^rnGovern- Other with
at
(U
deposits deposits ment Reserve Federal
ment secu- Federal vault
("
Reserve
direct rities Reserve
deposits Bank Reserve
Bank
Banks
cities Banks
tiona
only)
cities
only)
1919
Jan. 3.--.
Jan. 10
Jan. 17... .
Jan. 24
Jan 31
8,887
8,878'
8,974
8,954
8,952
6,114
6,104
6,093
6,081
6,047
2,773
2,774
2,882
2,873
2,905
1,481
,477
,593
,576
,611
1,292
,297
,288
,297
,294
661
670
664
663
680
308
291
276
261
251
5,813
5,763
5,765
5,731
5,726
1,385
1,397
1,427
1,420
1,437
203
267
300
264
350
837
786
743
809
728
Feb. 7
Feb. 14
Feb. 21
Feb. 28
8,849
9,053
9,006
9,161
5,986
6,059
6,005
6,037
2,863
2,994
3,000
3,124
,566
,707
,699
,842
,297
,286
,301
,282
642
659
647
656
249
254
233
237
5,674
5.773
5,767
5,771
1,444
1,452
1,461
1,476
294
337
305
380
751
764
778
828
Mar.
Mar.
Mar.
Mar.
7
14
21
28
9,173
9,418
9,307
9,251
6,047
6,161
6,159
6,170
3,126
3,258
3,148
3,081
1,839
1,983
1,865
1,792
,287'
,275
,283
1,289
659
669
626
654
243
245
243
244
5,820
5,980
5,752
5.767
1,475
1,492
1,497
1,501
314
384
406
362
818
820
886
883
Apr.
Apr.
Apr.
Apr.
4
11
18 ._
25
9,183
9,302
9,322
9,302
6,146
6,172
6,202
6,182
3,037
3,130
3,120
3,120
1,742
1,854
1,838
1,835
1,296
1,276
1,282
1,285
650
649
650
667
245
250
245
246
5,747
5,777
5,856
5,866
1,508
1,515
1,526
1,529
267
337
334
255
m
May 2
May 9
May 16_ . _ _
May 23
May 29........
9,505
9,497
9,521
9,441
9,461
6,221
6,236
6,274
6,280
6,328
3,284
3,261
3,247
3,161
3,134
2,015
1,990
1,977
1,889
1,862
1,269
1,271
1,270
1,272
1,271
664
677
681
651
659
244
253
254
248
240
5,924
6,038
6,102
5,830
5,860
1,527
1,546
1,533
1,517
1,533
378
328
273
485
442
955
900
898
877
914
June 6
June 13_..,_
June 20
June 27.,
9,578
9,577
9,360
9,272
6,444
6,507
6,493
6,490
3,134
3,069
2,867
2,782
1,886
1,823
1,599
1,511
1,248
1,246
1,268
1,270
672
661
653
672
257
263
249
245
5,840
6,007
5,869
5,829
1,535
1,539
1,546
1,563
750
557
445
393
816
891
897
896
July 3-. — „..„_.
July 11.......
July 18
July 25.. — ..
9,333
9,298
9,376
9,348
6,565
6,571
6,607
6,582
2,768
2,727
2,769
2,766
1,501
1,458
1,481
1,460
1,267
1,269
1,288
1,306
678
706
676
706
237
266
252
246
6,024
6,144
6,167
6,102
1,553
1,557
1,554
1,561
327
274
256
270
876
863
834
863
Aug.
Aug.
AUK.
Aug.
Aug.
1. .„.._.
8. ....... _
15.
22........_
29..
9,611
9,633
9,722
9,754
9,775
6,735
6,712
6,813
6,837
6,866
2,876
2,922
2,909
2,917
2,909
1,577
1,609
1,596
1,595
1,572
1,299
1,312
1,313
1,322
1,337
691
706
o?12
709
704
235
243
240
240
240
6.220
6,251
6,355
6,335
6,322
1,630
1,640
1,657
1,667
1,680
278
320
320
326
301
Sept.
Sept.
Sept.
Sept.
5......
12..
19. _ . _ _ _ _ „ „ _ _
26.......
9,919
9,872
9,836
9,887
6,912
7,010
7,099
7,177
3,007
2,802
2,737
2,709
1,676
1,521
1,410
1,372
1,330
1,341
1,327
1,337
712
720
686
716
253
257
249
238
6,364
6,500
6,297
6,265
1,679
1,682
1,688
1,697
412
309
337
275
864
830
865
951
Dot. 3.
Oct. 10........... „
Oct. 17.,
Oct. 24...... ,
Oct. 31.. — ,
9,938
9,984
10,012
10,158
10,209
7,248
7,306
7,334
7,464
7,530
2,690
2,678
2,679
2,694
2,679
1,353
1,341
1,328
1,329
1,311
1,337
1,337
1,351
1,366
1,368
714
716
743
731
734
247
258
259
261
254
6,342
6,392
6.480
6,486
6,527
1,701
1,713
1,722
1,855
1,879
214
233
190
174
144
994
993
1,035
1,015
1,011
Nov.
Nov.
Nov.
Nov.
7_. _ _ _ _ _ _ _ _ _ _ _
14__.._____
21_— _ _ _ _
28
10,340
10,353
10,503
10,520
7,664
7,684
7,824
7,836
2,676
2,669
2,678
2,684
1,294
1,267
1,263
1,267
1,382
1,401
1,415
1,418
741
757
757
732
267
268
269
269
6,587
8,663
6,677
6,659
1,889
1,901
1,971
1,980
136
130
116
98
1,009
1,054
1,080
1,097
Dec.
Dec.
Dec.
Dee.
5
120._._____.
19. ..
26
10,613
10,636
10,738
10,805
7,856
7,921
7,982
8,064
5,089
5,149
5,211
5,282
2,757
2,715
2,756
2,741
1,328
1,287
1,331
1,317
1,429
1,428
1,425
1,424
751
764
724
734
276
275
281
300
6,633
6,752
S.577
0,591
1,993
2,002
2,008
2,022
252
188
37&
342
1,068
1,083
1.094
1.157
Monthly averages:
January.. ...
8,929
February. _ _ _ _ _ _ _ _ 9,017
March _ . „ „ _ _ _ _ _ _ 9,287
9,277
April
May
9,485
June... . — _ _ . _ _ _ „ _ 9,447
July-..-,—...— 9,338
August.......
9,699
9,878
September
October.... „ _ _ _ _ _ 10,060
November., _____.,_ 10,429
December. . . .
10,698
6,088
6,022
6,134
6,176
6,268
6,484
6,581
6,793
7,050
7,376
7,752
7,956
5,183
2,841
2,995
3,153
3,102
3,217
2,963
2,757
2,906
2,829
2,684
2,677
2,742
1,548
1,704
1,870
1,817
1,947
1,705
1,475
1,590
1,495
1,332
1,273
1,316
1,294
1,292
1,284
1,285
1,270
1,258
1,282
1,317
1,334
1,352
1,404
1,427
667
651
652
654
666
665
692
704
709
727
747
743
277
243
244
247
248
253
250
240
249
256
268
283
5,759
5,746
5,830
5,811
5,951
5,8§6
6,109
6,296
8,356
6,445
6,646
6,638
1,413
1,458
1,491
1,520
1,531
1,546
1,556
1,655
1,686
1,774
1,935
2,006
277
329
366
298
381
536
282
309
333
191
120
290
781
780
852
939
909
875
859
847
877
1,009
1,060
1,101
2,767
2,772
2,771
2,782
2,773
....
........
951
927
940
i
870
867
799
847
853
........
REPORTING MEMBER BANKS
197
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Friday figures'through April 1921; Wednesday figures thereafter. In millions of dollars]
Loans
Total
loans
and
investments
Date or month
1920
Total
On
securities
Investments
All
other
Balances
Interwith
Rebank
U.S.
serves Cash domestic Net
U.S. deposits
Govern- Other
in
with
banks demand Time Govern(11
secu- Federal vault
ment
deposits deposits ment Reserve
(ii
Total direct rities Reserve
Reserve
deposits Bank
obligaBank
Banks
cities
tions
cities
only)
only)
Borrowings
at
Federal
Reserve
Banks
Jan.
Jan.
Jan.
Jan.
Jan.
2
9
16
23
30
10,757
10,899
10,886
10,924
10,906
• 8,021
8,144
8,178
8,230
8,225
2,786
2,777
2,776
2,775
2,751
5,235
5,367
5,402
5,455
5,475
2,736
2,756
2,708
2,693
2,681
1,327
1,348
1,301
1,282
1,268
1,409
1,408
1,407
1,411
1,412
773
798
813
796
773
308
285
264
260
250
6,835
6,871
6,965
6,884
6,821
2,047
2,130
2.172
2,183
2,195
305
313
216
177
159
1,171
1,077
1,077
1,125
1,130
Feb.
Feb.
Feb.
Feb.
6
13
20
27..
10,957
11,003
11,061
11,130
8,319
8,385
8,442
8,520
2,761
2,748
2,725
2,726
5,557
5,637
5,717
5,794
2,639
2,617
2,619
2.610
1,222
1,201
1,195
1,191
1,416
1,416
1,424
1,419
777
772
792
781
237
268
259
258
6,825
6,915
6,875
6,901
2,215
2,228
2,244
2,255
108
86
31
23
1,197
1,240
1,301
1,358
Mar.
Mar.
Mar.
Mar.
5
12
19
26
11,204
11,322
11,236
11,254
8,603
8,740
8,756
8,787
2,735
2,728
2,732
2,733
5,868
6,012
6,025
6,055
2,602
2,582
2,480
2,467
1,184
1,172
1,068
1,059
1,418
1,410
1,412
1,408
798
802
788
779
261
257
260
252
6,953
7,052
6,970
6,857
2,288
2,294
2,297
2,307
20
20
59
33
1,333
1,345
1,259
1,382
Apr
Apr
Apr
Apr
Apr
2
9 .-•
16
23
30
11,296
. 11,290
11,365
11,357
11,322
8,828
8,812
8,846
8,835
8,807
2,705
2,692
2,692
2,672
2,663
6,123
6,119
6,154
6,163
6,145
2,468
2,479
2,519
2,522
2,515
1,069
1,079
1,131
1,126
1,124
1,399
1,400
1,388
1,396
1,391
795
772
790
767
766
256
265
266
261
255
547
551
550
507
512
6,837
6,846
6,897
6,750
6,742
2,312
2,323
2,334
2,346
2,343
40
54
64
65
60
1,147
1,151
1,102
1,050
1,028
1,429
1,379
1,418
1,450
1,473
May
May
May
May
7
14
21
28
11,342
11,366
11,349
11,328
8,837
8,870
8,837
8,842
2,671
2,635
2,619
2,615
6,167
6,235
6,218
6,227
2,505
2,496
2,512
2,487
1,113
1,115
1,135
1,120
1,392
1,381
1,376
1,366
762
774
784
742
263
264
259
255
567
576
557
545
6,743
6i824
6,758
6,730
2,361
2.379
2,367
2,371
55
23
56
41
1,106
1,103
1,068
1,045
1.435
1,446
1.453
1,451
June 4
11,319
June l l _ - _ _ ._ .__ 11,321
11,273
June 18
June 25
11,284
8,835
8,849
8,884
8,921
2,600
2,593
2,602
2,591
6,234
6,256
6,282
6,330
2,485
2,472
2,389
2,363
1,125
1,120
1,048
1,029
1,359
1,352
1,341
1,334
770
766
751
751
273
265
259
251
572
575
587
537
6,769
6,832
6,758
6,647
2,393
2,397
2,403
2,413
30
30
142
137
1,100
1,071
1,101
1,041
1,433
1,392
1,283
1,334
July 2
July 9
July 16
July 23
July 30
11,248
11,243
11,254
11,240
11.252
8,938
8,937
8,932
8,922
8,938
2,597
2,581
2,565
2,563
2,573
6,341
6,355
6,366
6,359
6,366
2,310
2,306
2,323
2,318
2,313
984
978
996
991
983
1,326
1,328
1,326
1,326
1,330
772
770
775
777
762
256
278
260
256
252
557
558
579
546
530
6,723
6,749
6,832
6,778
6,741
2,423
2,423
2,424
2,439
2,429
57
24
44
61
50
1,082
1,121
1,110
1,087
1,049
1,368
1,346
1,304
1,269
1,289
11,246
11,255
11,305
11,302
8,941
8,956
8,973
8,974
2,556
2,554
2,546
2,555
6,386
6,402
6,427
6,419
2,305
2,300
2,332
2,328
971
967
999
1,000
1,334
1,333
1,333
1,328
760
767762
755
255
252
255
257
536
547
530
523
6,715
6,809
6,724
6,736
2,446
2,445
2,443
2,449
32
29
77
67
1,088
1,085
1,056
1,030
1,299
1,269
1,320
1,314
11,315
11,340
11,364
11,436
8,998
9,022
9,064
9,154
2,561
2,562
2,557
2,547
6,437
6,460
6,507
6,606
2,318
2,318
2,300
2,282
988
985
978
961
1,330
1,333
1,322
1,321
776
771
764
747
249
268
265
257
529
548
564
547
6,756
6,841
6,757
6,637
2,461
2,465
2,465
2,478
35
17
131
126
1,089
1,137
1,097
1,049
1,336
1,316
1,300
1,402
11,437
11,438
. 11,499
11,410
11,382
9,172
9,183
9,215
9,148
9,125
2,546
2,533
2,545
2,543
2,545
6,625
6,650
6,670
6,605
6,580
2,265
2,255
2,284
2,262
2,257
946
940
972
940
930
1,319
1,315
1,312
1,322
1,328
762
756
782
765
761,
255
269
273
271
264
564
548
606
551
527
6,711
6,690
6,830
6,732
6,671
2,490
2,497
2,498
2,504
2,512
106
95
102
82
52
1,069
1,080
1,103
1,062
1,008
1,414
1,404
1,401
1,348
1,363
Aug.
Aug.
Aug.
Aug.
6
13_.
20
27..
_ .
Sept. 3
Sept. 10.,, _
Sept. 17
Sept. 24
Oct. 1
Oct. 8
Oct. 15
Oct. 22
Oct. 29
Nov.
Nov.
Nov.
Nov.
S__
12
19
26
11,369
11,302
.11,296
.... 11,248
9,109
9,040
8,994
8,952
2,548
2,542
2,560
2,548
6,560
6,497
6,434
6,404
2,260
2,262
2,302
2,296
925
923
957
948
1,335
1,339
1,345
1,348
755
757
754
725
277
273
268
272
547
548
532
507
6,663
6,700
6,605
6,498
2,524
2,520
2,499
2,526
29
22
100
51
1,058
1,026
999
983
1,388
1,347
1.313
1.371
Dec.
Dec.
Dec.
Dec.
Dec.
3
10
17
24
31
11,180
11,141
_ _ „ ,11,240
11,179
11,181
8,893
8,851
8,926
8,874
8,904
2,525
2,533
2,552
2,553
2,557
6,368
6,317
6,374
6,321
6,346
2,287
2,290
2,314
2,306
2,277
934
935
969
953
928
1,353
1,356
1,345
1,352
1,348
740
744
716
738
753
265
265
272
247
253
492
469
493
465
479
6,486
6,488
6,415
6,306
6,442
2,542
2,543
2,535
2,531
2,579
10
10
202
176
135
996
972
997
960
976
1,345
1.321
1,279
1,364
1,332
8,)60
8,416
8,722
8,826
8,847
8,872
8,933
8,961
9,059
9,168
9,024
8,889
2,773
•2,740
2,732
2,685
2,635
2,596
2,576
2,553
2,557
2., 543
2,550
2,544
5,387
5,676
5,990
6,141
6,212
6,276
6,357
6,408
6,503
6,626
6,474
6,345
2,715
2,621
2,533
2,501
2,500
2,427
2,314
2,316
2,304
2,265
2,280
2,295
,305
,202
,121
,106
,121
,081
987
984
978
946
938
944
1,409
1,419
1,412
1,395
1,379
1,347
1,327
1,332
1,327
1,319
1,342
1,352
790
780
792
778
766
759
771
761
765
765
748
738
273
256
258
260
260
262
261
255
259
267
272
261
6,875
6,879
6,958
6,814
6,764
6,752
6,765
6,746
6,748
6,727
6,616
6,427
2,145
2,235
2,297
2,332
2,369
2.402
2,428
2,446
2,467
2,500
2,517
2,546
234
62
33
57
44
84
47
51
77
87
51
107
,095
,081
,078
,090
,064
,093
,065
.016
980
1,116
1,274
1,330
1,430
1,446
1.361
1,315
1.301
1.338
1,386
1,355
1.328
Monthly averages:
January,, _
February
March
April
May
....
June
July
August
September
October
November
December
10,874
11,038
11,254
11,326
11,346
11,299
11,247
11,277
11,364
11,433
11,304
11,184
533
562
566
554
537
549
559
536
481
BANKING AND MONETARY STATISTICS
198
NO. 50-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 191Mt41-Continued
[Friday figures through April 1921; Wednesday figures thereafter. In millions of dollars]
Investments
Loans
Total
loans
and
investments
Date or month
Total
1921
On
securities
All
other
U.S.
Govern, Other
secument
Total direct rities
obligations
Reserves Cash
in
with
Federal vault
Reserve
Banks
InterBalances
with
bank Borrowlomestic Net
U.S. deposits ings
at
banks demand Time Govern(11
deposits deposits ment Reserve Federal
Ul
Reserve
deposits Bank Reserve
cities Banks
Bank
only)
cities
only)
. . „ 11,082
11,008
_ _ _ _ _ 10,992
10,922
8,819
8,724
8,679
8,636
2,530
2,511
2,515
2,504
6,290
6,213
6,164
6,132
2,263
2,284
2,313
2,286
874
862
904
879
1,390
1,422
1,409
1,407
768
746
752
741
277
257
250
242
470
461
447
409
6,491
6,527
6,452
6,438
2,625
2,646
2,651
2,666
62
40
105
75
1,046
1,029
1,003
996
1,262
,176
,140
,082
10,882
10,841
10,848
„ 10,855
8,605
8,581
8,548
8,565
2,509
2,497
2.494
2,492
6,096
6,084
6,054
6,073
2,277
2,260
2,300
2,291
874
861
887
875
1,403
1,399
1,413
1,416
752
755
736
738
240
226
233
237
429
395
403
406
6,445
6,471
6,391
6,360
2,672
2,664
2,666
2,665
51
30
79
69
993
1,002
983
979
,039
,040
,055
,091
4
11
18
25
10,815
10,797
10,861
10,851
8,542
8,527
8,526
8,532
2,493
2,492
2,495
2,503
6,049
6,035
6,030
6,029
2,273
2,270
2,335
2,319
859
857
916
900
1,414
1,413
1,419
1,420
732
727
713
720
235
236
229
223
423
408
408
376
6,365
6,406
6,278
6,127
2,667
2,660
2,654
2,660 i
53
23
174
163
1,034
983
952
887
,074
,065
,068
,159
Apr 1
Apr. 8
Apr 15
Apr. 22
Apr. 29
10,791
10,703
10,696
10,633
10,629
8,507
8,436
8,380
8,348
8,346
2,498
2,455
2,440
2,444
2,451
6,009
5,981
5,940
5,904
5,896
2,284
2,267
2,316
2,285
2,282
862
857
907
873
870
1,422
1,410
1,409
1,412
1,412
700
718
711
700
698
214
224
215
220
230
400
401
422
393
385
6,097
6,123
6,150
6,076
6,081
2,660 ;
2,650
2,659
2,666
2,663
161
147
166
134
132
902
917
897
875
871
,152
,071
,029
,040
,015
May
May
May
May
10,603
10,669
10,573
10,499
8,337
8,316
8,263
8,217
2,448
2,452
2,453
2,444
5,889
5,864
5,810
5,773
2,266
2,252
2,310
2,282
850
845
886
861
1,416
1,407
1,424
1,421
709
711
724
698
230
240
230
229
411
394
395
365
6,085
6,155
6,133
6,072
2,673
2,679
2,684
2,701
111
93
139
80
903
899
879
855
1,019
959
920
924
June 1_
June 8
June 15
June 22
June 29
10,450
10,427
10,546
10,490
10,467
8,186
8,165
8,179
8,169
8,170
2,438
2,442
2,439
2,434
2,434
5,748
5,723
5,741
5,736
5,735
2,263
2,262
2,367
2,321
2,297
841
825
933
887
858
1,422
1,437
1,433
1,434
1,439
696
700
762
687
677
225
236
224
224
233
392
372
413
378
365
6,065
6,056
6,141
5,905
5,892
2,679
2,676
2,683
2,682
2,688
43
14
150
211
179
881
873
906
845
823
962
965
875
921
932
July 6
July 13
July 20
July 27
10,412
10,337
10.289
10,256
8,142
8,089
8,055
8,030
2,421
2,416
2,420
2,413
5,721
5,673
5,635
5,617
2,270
2,247
2,234
2,226
841
826
814
808
1,428
1,421
1,420
1,418
703
700
690
692
240
235
227
222
397
391
381
373
5,960
6,035
5,986
5,974
2,682
2,671
2,675
2,678
152
130
58
44
878
834
887
857
923
842
838
828
Aug. 3
Aug. 10
Aug. 17
Aug. 24
Aug. 31
10,331
10,285
10,218
10,175
10,149
8,006
7,980
7,948
7,923
7,905
2,374
2,373
2,382
2,378
2,363
5,632
5,607
5,566
5,545
5,543
2,325
2,304
2,270
2,252
2,244
916
897
866
847
834
1,409
1,407
1,404
1,405
1,410
701
691
708
690
683
214
218
212
213
206
378
376
377
364
372
5,959
5,975
5,998
5,951
5,965
2,674
2,673
2,674
2,670
2,683
215
211
140
114
96
870
875
873
853
835
780
724
724
720
714
Sept. 7
Sept. 14 __
Sept. 21 . _
Sept. 28
10,149
10,181
10,290
10,283
7,924
7,959
7,948
7,957
2,376
2,364
2,345
2,358
5,548
5,595
5,603
5,599
2,225
2,222
2,342
2,325
822
826
953
912
1,403
1,396
1,390
1,414
692
710
675
673
219
220
214
216
395
407
396
378
5,993
6,092
5,864
5,853
2.670
2.669
2,663
2,672
81
72
311
309
889
902
843
833
723
702
730
725
Oct. 5
Oct. 11
Oct. 19,, „
Get 26
10,288
10,272
10,186
10,134
7,953
7,956
7,903
7,879
2,353
2,354
2,347
2,342
5,600
5,603
5,556
5,537
2,335
2,316
2.283
2,255
902
887
841
825
1.433
1,429
1,442
1,430
688
690
697
694
214
218
218
216
408
417
422
396
5,903
5,994
6,069
6,025
2,701
2,685
2,700
2,701
301
272
78
46
889
882
889
849
699
684
674
651
Nov.
Nov.
Nov.
Nov.
Nov.
2
9
16
23
30
10,219
10,174
10,135
10,095
10,060
7,873
7,853
7,818
7,791
7,774
2,353
2,340
2,333
2,344
2,331
5,521
5,512
5,485
5,447
5,443
2.345
2,321
2,318
2,305
2,286
916
892
876
868
863
1,429
1,429
1,442
1,437
1,423
686
696
720
710
696
209
215
217
216
214
419
410
427
398
401
6,013
6,031
6,054
6,018
6,026
2,721
2,715
2.717
2,725
2,717
156
162
134
103
81
884
873
§81
839
843
648
595
599
578
558
Dee.
Dec.
Dec.
Dec.
7
14
21
28.
10,073
10,087
10,133
10,078
7,776
7,771
7,765
7.729
2,329
2,342
2,357
2,362
5,447
5,429
5.408
5,367
2,298
2,316
2,368
2,349
868
876
918
899
1,430
1,440
1,450
1,450
702
707
705
685
223
235
239
243
391
419
396
394
6,039
6,107
6,004
5,962
2.726
2,719
2,708
2,722
73
73
185
164
878
894
883
889
535
531
585
567
11,001
10,857
10,831
10,690
10,561
10,476
10,323
10,232
10,226
10,220
10,136
10,093
8,715
8,575
8,532
8,404
8,283
8,174
8.079
7,952
7,947
7,923
7,822
7,760
2,515
2,498
2,496
2,458
2,449
2,437
2,418
2,374
2,361
2,349
2,340
2,348
6,200
6,077
6,036
5,946
5,834
5,736
5,662
5,579
5,586
5,574
5,481
5,413
2,287
2,282
2,299
2,287
2,278
2,302
2,244
2,279
2,279
2,297
2,315
2,333
880
874
883
874
861
869
822
872
878
864
883
890
1,407
1,408
1,416
1,413
1,417
1,433
1.422
1,407
1,401
1,434
1,432
1,442
752
745
723
705
711
704
696
694
688
692
701
700
257
234
231
221
232
228
231
213
217
216
214
235
447
409
403
400
392
384
386
374
394
411
411
400
6,477
6,417
6,294
6,105
6,111
6,012
5,989
5,970
5,950
5,998
6,028
6,028
2,647
2,667
2,660
2,660
2,684
2,682
2,677
2,875
2,669
2,697
2,719
2,718
71
57
103
148
106
120
96
155
193
174
127
124
1,019
989
965
892
884
866
872
862
867
877
864
880
1,165
1,056
1,091
1,062
955
931
BBS
732
720
677
596
554
Jan. 7
Jan 14
Jan. 21
Jan 28
Feb. 4
Feb. 11
Feb. 18
Feb. 25
Mar
Mar.
Mar
Mar.
4
11
18 _.25
Monthly averages:
January
February
March
April
May
June _ _,
July
August
September
October.
November
December. .
REPORTING MEMBER BANKS
199
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continiied
[Wednesday figures. In millions of dollars]
Investments
Loans
Date or month
Total
loans
and
investments
1922
4
11 - .
18
25
10,014
9,947
9,893
9,875
7,675
7,619
7,560
7,540
Feb. 1
Feb. 8
Feb. 15
Feb. 21
9,954
9,925
9,964
9,939
Mar.
Mar.
Mar,
Mar.
Mar.
1
8
15
22
29
Apr.
Apr,
Apr.
Apr,
5
12
19 . .
26
Jan.
Jan.
Jan.
Jan.
Balances
with
Reserves Cash domestic ' Net
U.S.
U.S.
Govern- Other with
in
banks demand Time Governdeposits deposits ment
ment secu- Federal vault
»(U
direct rities Reserve
deposits
Reserve
Bank
Banks
obligations
cities
only)
2,348
2,336
2,316
2,328
5,327
5,283
5,244
5,212
2,339
2,328
2,333
2,335
892
879
885
883
7,460
7,478
7,521
7,512
2,316
2,351
2,335
2,327
5,144
5,127
5,186
5,185
2,494
2,447
2,443
2,427
1,058
1,005
999
971
,435
,443
,443
,456
7,531
7,535
7,490
7,466
7,443
2,327
2,328
2,304
2,277
2,256
5,203
5,207
5,185
5,189
5,186
2,417
2,410
2,487
2,440
2.428
961
956
1,033
987
960
9,853
9,889
9,943
9.935
June 7
June 14
June 21
June 28
Total
9,948
9,945
9,976
9,906
9,870
7,440
7,467
7,442
7,430
2,247
2,260
2,260
2,279
5,193
5,207
5,182
5,151
2,413
2,422
2,501
2,505
9,982
7,462
10,020
7,460
10,033 1 7,464
10,068
7,467
7,462
10,074
May 3
May 10
May 17
May 24
May 31. ....
All
other
2,292
2,282
2,295
2,310
2,327
5,170
5,178
5,170
5,157
5,135
2,520
2,560
2,569
2.601
2,612
Total
On
ecurities
1,447 - 701
1,449
721
1,448
715
1,452
697
Interbank
deposits
(11
Reserve
Bank
cities
only)
Borrow,
ings
at
Federal
Reserve
Banks
237
226
209
200
436
411
417
396
6,071
6,104
6,084
6,063
2,736
2,738
2,744
2,744
164
152
118
107
945
939
939
906
522
434
384
347
723
723
746
718
192
200
194
192
431
387
453
414
6,056
6,071
6,125
6,111
2,700
2,723
2,766
2,786
199
297
270
204
975
958
1,003
972
341
299
295
278
,456
,454
,454
,453
,468
744
726
770
722
711
189
200
192
196
199
413
435
429
401
385
6,163
6,167
6,292
6,160
6,090
2,797
2,800
2,802
2,813
2,808
188
187
145
141
124
984
1,029
1,020
952
922
285
241
214
231
245
949
960
1,026
1,028
,464
,462
,475
,477
737
717
745
730
195
206
204
200
420
432
406
430
6,172
6,262
6,263
6,298
2,801
2,810
2,822
2,829
97
88
156
133
999
976
964
960
225
200
189
151
1,046
1,061
1,062
1,072
1,059
,474
,499
,507
,529
,553
754
761
761
759
750
201
204
197
205
204
430
427
427
426
420
6,358
6,397
6,448
6,420
6,454
2,840
2,841
2,837
2,867
2,863
122
117
95
87
87
1,000
1,001
974
958
963
152
141
143
143
151
: 10,127
10,142
10,138
10,160
7,450
7,466
7,381
7,397
2,336
2,343
2,275
2,307
5,114
5,123
5,106
5,090
2,676 1 1,146
2,677 1,142
2,757 1,197
2,763 1,202
,530
,535
,560
,561
761
772
772
740
205
206
202
202
449
466
436
423
6,466
6,530
6,496
6,505
2,889
2,905
2,934
2,940
197
173
121
85
1,016
1,003
979
970
109
106
116
112
10,160
10,166
10,171
10,216
7,403
7,437
7,437
7,447
3*325
2,334
2,342
2,342
5,078
5,103
5,095
5,104
2,757
2,729
2,734
2,770
1,191
1,184
1,188
1,197
,566
,545
,546
,572
784
781
785
763
216
216
209
200
469
492
457
433
6,590
6,665
6,636
6,634
2,949
2,952
2,951
2,961
83
75
69
68
1,024
1,040
1,007
988
129
05
86
88
10,301
10,317
10,320
10,349
10,352
7,431
7,454
7,457
7,473
7,475
2,334
2,348
2,369
2,374
2,373
5,097
5,106
5,088
5,099
5,102
2,870
2,863
2,863
2,877
2,877
1,300
1,288
1,283
1,299
1,300
,570
,576
,580
,578
,577
769
770
791
764
775
198
202
193
197
202
449
452
455
441
438
6,648
6,635
6,681
6,637
6,601
2,960
2,988
2,994
3,008
3,017
113
128
113
114
113
1,013
1,029
1,008
986
987
100
92
91
89
106
Sept. 6
Sept. 13
Sept. 20
Sept. 27
10,386
10,429
10,461
10,495
7,512
7,561
7,562
7,615
2,363
2,381
2,373
2,406
5,149
5,180
5,189
5,210
2,874
2,868
2,899
2,880
1,305
1,305
1,333
1,318
,569
,563
,565
,561
780
785
794
778
207
216
209
207
473
486
453
439
6,693
6,797
6,718
6,733
3,027
3,031
3,043
3,046
114
100
102
100
1,026
1,038
1,015
1,011
109
102
138
135
Oct.
Oct.
Oct.
Oct.
4
11
18 .
25
10,528
10,609
10,776
10,757
7,668
7,749
7,820
7,821
2,433
2,460
2,517
2,494
5,235
5,288
5,303
5,328
2,860
2,860
2,956
2,935
1,309
1,298
1,401
1,384
,551
,562
,556
,552
804
785
798
768
209
219
221
216
469
489
517
471
6,788
6,876
6,837
6,806
3,053
3,062
3,087
3,108
86
69
191
156
1,053
1,058
1,042
1,001
148
156
199
169
Nov.
Nov.
Nov.
Nov.
Nov.
1
8..
15
22
29..
10,752
10,772
10,784
10.776
10,795
7,822
7,836
7,841
7,827
7,834
2,500
2,496
2,508
2,507
2,498
5,323
5,340
5,332
5,320
5,336
2,930
2,936
2,943
2,949
2,961
1,371
1,368
1,374
1,376
1,378
,559
,568
,569
,573
,583
787
795
797
771
786
207
235
220
220
211
457
477
506
463
443
6,823
6,828
6,833
6,754
6,752
3,109
3,115
3,123
3,126
3,130
137
119
116
105
104
1,005
1,017
1,034
964
964
214
253
256
248
301
Dec.
Dec.
Deo,
Dec.
6
13
20
27
10,840
10,845
10,995
11,007
7,868
7,876
7,864
7,882
2,538
2,537
2,523
2,543
5,330
5,339
5,342
5,339
2,972
2,969
3,131
3,125
1,381
1,376
1,531
1,519
,591
,593
,600
,606
798
796
797
803
231
239
254
260
453
457
461
470
6,759
6,838
6,831
a, 858
3,170
3,169
3,185
3,203
100
88
250
235
1,004
980
1,031
1,081
293
272
265
288
9,932
9,945
9,929
9,905
10,036
10,142
10,178
10,328
10,443
10,667
10,776
10,922
7,598
7,493
7,493
7,445
7,463
7,424
7,431
7,458
7,563
7,764
7,832
7,873
2,332
2,332
2,299
2,262
2,301
2,315
2,336
2,359
2,381
2,476
2,502
2,535
5,267
5,160
5,194
5,183
5,162
5,108
5,095
5,098
5,182
5,288
5,330
5,338
2,334
2,453
2,436
2,460
2,572
2,718
2,748
2,870
2,880
2,903
2,944
3,049
885
1,008
979
991
1,060
1,172
1,190
1,294
1,316
1,348
1,373
1,452
,449
,444
,457
,469
,512
,546
,557
,576
1,564
1,555
1,570
1,598
709
727
734
732
757
762
778
774
784
789
787
798
218
195
195
201
202
204
210
198
210
216
219
246
416
422
412
421
426
444
463
447
463
487
470
460
6,081
6,091
6,174
6,249
6,416
6,499
6,631
6,646
6,735
6,827
6,798
6,821
2,740
2,744
2,804
2,815
2,850
2,917
2,953
2,994
3,037
3,077
3,121
3,182
135
242
157
118
102
144
74
116
104
125
116
168
932
977
981
975
979
992
1,016
1,005
1,023
1,041
997
1,022
422
303
243
191
146
111
99
96
121
168
254
279
July 5 .
July 12
July 19_
July 26
Aug.
Aug.
Aug.
Aug.
Aug.
2
9
16
23
30
__
Monthly averages:
January.
February
March
April
May
June
July
AugustSeptember
October
November.
December
BANKING AND MONETAKY STATISTICS
200
NO. tt-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, UH-1 Mi-Continucd
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
loans
t and
investments
Date or month
Total
On
securities
All
other
InterBalances
with
bank BorrowReU.S. deposits ings
serves Cash domestic Net
U.S.
banks demand Time Govern
Govern- Other with
in
(11
at
ment secu- Federal vault
(11 deposits deposits ment Reserve Federal
Total direct rities Reserve
Reserve
deposits Bank Reserve
Bank
Banks
obligacities Banks
tions
cities
only)
only)
1923
Jan. 3
Jan, 10
Jan. 17..
Jan. 24
Jan. 31
10,942
10,915
11,065
11,021
11,028
7,902
7,913
7,941
7,908
7,902
2,544
2,566
2,584
2,545
2,520
5,3£8
5,347
5,357
5,363
5,382
3,040
3,002
3,124
3,113
3, -126
1,492
1,484
1,593
1,577
1,586
1,548
1,518
1,530
1,536
1,540
838
819
838
829
833
250
239
219
219
208
518
510
500
454
445
6,999
7,093
7,129
7,062
7,103
3,239
3,213
3,242
3,244
3,258
176
92
176
110
93
1 , 139
1,151
1,170
1,123
1,095
262
166
156
192
182
Feb. 7
Feb. 14
Feb. 21..
Feb. 28
11,033
11,069
11,048
11,076
7,934
7,965
7,967
8,008
2,518
2,540
2,511
2,548
5,416
5,426
5,456
5,459
3,099
3,104
3,081
3,068
1,572
1,577
1,553
1,542
1,527
1,527
1,527
1,527
821
848
827
807
215
219
216
211
426
466
425
452
7,043
7,151
7,016
7,060
3,262
3,270
3,289
3,289
83
70
63
62
1,115
1,12!)
1,088
1,103
189
212
240
235
Mar.
Mar,
Mar.
Mar.
7
14
21
28
11,115
11,172
11,243
... . . 11,250
8,059
8,120
8,117
8,152
2,559
2,571
2,564
2,580
5,499
5,549
5,553
5,572
3,056
3,052
3,125
3,098
1,535
1,534
1,605
1,576
1,522
1,518
1,521
1,522
832
837
816
802
217
222
210
214
435
438
420
402
7,071
7,135
6,952
6,901
3,307
3,321
3,322
3,345
62
70
1S6
196
1,137
1,090
1,029
1,019
223
254
306
309
Apr.
Apr.
Apr.
Apr.
4.._
11
18..
25
_ _ 11,251
11,255
11,284
11,292
8,175
8,189
8,219
8,233
2,591
2,606
2,617
2,609
5,584
5,583
5,601
5,624
3,077
3,066
3,065
3,060
1,564
1,551
1,548
1,546
1,513
1,515
1,517
1,514
833
806
830
800
214
219
213
215
440
440
449
409
6,960
7,026
7,002
6,979
3,348
3,347
3,353
3,365
196
196
174
154
1,088
1,063
1,039
995
318
269
297
305
8,295*
8,301
8,332
8,286
8,261
2,668
2,650
2,660
2,629
2,632
5,627
5,652
5,672
5,657
5,629
3,027
3,010
3,104
3,074
3,058
1,524
1,515
1,607
1,580
1,551
1,503
1,495
1,497
1,493
1,507
816
821
817
840
822
211
218
209
218
215
441
416
445
414
420
7,039
7,044
7,023
7,003
6,991
3,363
3,343 I
3,354 i
3,368
3,378
145
139
284
183
130
1,051
1,024
091
998
908
337
307
351
334
352
11,313
11,315
_ _ . 11,357
11,372
8,257
8,265
8,266
8,289
2,635
2,616
2,622
2,632
5,622
5,649
5,643
5,658
3,057
3,050
3,092
3,083
1,562
1,561
1,596
1,582
1,494
1,489
1,495
1,501
817
828
810
799
225
224
215
216
430
437
420
399
6,990
7,083
6,905
6,880
3,380
3,381
3,388
3,393
98
98
180
180 1
1,015
1,015
977
969
336
323
383
399
11,375
11,304
11,278
11,268
8,318
8,273
8,247
8,246
2,643
2,622
2,609
2,622
5,6755,651
5,638
5,623
3,057
3,031
3,032
3,023
1,555
1,540
1,531
1,512
1,502
1,491
1,501
1,511
828
822
817
810
215
234
220
218
450
425
427
389
6,976
7,008
6,960
6,92S
3,406
3,360
3,377
3,377
161
129
114
106 '
1,015
988
977
943
456
408
403
370
11,278
_ „ _ „ 11,279
11,266
11,246
11,250
8,258
8,280
8,275
8,269
8,252
2,605
2,620
2,620
2,615
2,598
5,652
5,660
5,655
5,654
5,654
3,020
2,999
2,991
2,976
2,998
1,516
1.511
1,506
1,497
1,513
1,504
1,487
1,484
1,479
1,484
791
805
809
796
808
210
221
214
216
217
413
389
417
401
383
6,92S
6,905
6,935
6,870
6,847
3,379
3,391
3,393 j
3,398
3,412
107
108
98
98
91
061)
081
998
972
974
371
377
373
377
403
Sept. 5......
Sept. 12
Sept. 19-... _. ..
Sept, 26
11,265
11,326
11,381
11,359
8,292
8,351
8,366
8,358
2,610
2,625
2,641
2,627
5,682
5,726
5,725
5,731
2,973
2,976
3,016
3,001
1,501
1,493
1,529
1,506
1,472
1,482
1,486
1,495
806
813
789
790
220
225
220
219
431
435
441
425
6,895
6,986
6,857
6,790
3,415
3,410
3,416
3,423
S3
74
182
184
1,039
1,042
1,023
080
407
413
415
440
Oct. 3 . .
Oct. 10___... _ _ _ _ _ _ _
Oct. 17.. ..
Oct. 24
Oct. 3 1 _ _ _ _ _
11,377
11,401
11,384
11,354
11,349
8,393
8,429
8,426
8,407
8,410
2,640
2,654
2,652
2,633
2,650
5,754
5,775
5,774
5,775
5,760
2,984
2,973
2,958
2,947
2,939
1,496
1,497
1,483
1,467
1,446
1,487
1,476
1,475
1,480
1,493
813
790
826
796
785
220
232
225
224
218
444
454
490
458
463
6,855
6,90!
6,960
6,891
6,902
3,430
3,428
3,431
3,438
3,445
183
162
103 ;
84 I
77
1,039
1,004
1,029
978
978 ,;
462
452
478
463
463
Nov. 7.. ...........
Nov. 14
__.„._.
Nov. 21
Nov. 28
11,347
11,318
11,319
11,305
8,425
8,407
8,400
8,397
2,659
2,639
2,650
2,646
5,766
5,768
5,750
5,750
2,922
2,911
2,919
2,909
1,433
1,420
1,412
1,406
1,489
1,491
1,507
1,502
799
826
804
801
231
230
223
224
449
470
459
429
6,921
6,991
6,895
6,845
3,452
3,453
3,453
3,472
75
57
43
39
1,009
1,032
972
970
436
416
411
452
Dec.
Dec.
Dec.
Dec.
11,308
11,300
11,345
11,344
8,402
8,397
8,396
8,365
2,668
2,665
2,670
2,672
5,734
5,732
5,725
5,694
2,906
2,902
2,950
2,979
,405
,404
,445
,459
1,501
1,498
1,504
1,520
815
823
800
790
235
246
265
271
441
447
447
438
6,893
6,987
6,869
6,823
3,465
3,470
3,475
3,488
33
26
142
135
1,017
1,012
071
1,011
419
415
416
451
10,994
11,056
11,195
11,271
11,349
11,339
11,307
11,264
11,333
11,373
11,322
11,324
1,913
7,968
8,112
8,204
8,295
8,269
8,271
8,267
8,342
8,413
8,407
8,390
2,552
2,529
2,569
2,606
2,648
2,626
2,624
2,612
2,626
2,646
2,648
2,669
5,362
5,439
5,543
5,598
5,647
5,643
5,647
5,655
5,716
5,767
5,759
5,721
3,081
3,088
3,083
3,067
3,054
3,070
3,036
2,997
2,991
2,960
2,915
2,934
,547
,561
,562
,552
,555
,575
,535
,509
,508
,478
,418
,429
1,534
1,527
1,521
1,515
M99
1,495
1,501
1,488
1,484
1,482
1,497
1,506
831
826
822
817
823
814
819
802
799
802
807
807
227
215
216
215
214
220
222
216
221
224
227
254
486
442
424
435
427
421
423
401
433
460
. 452
443
7,077
7,0@8
7,015
6,992
7,020
6,965
6,968
6,897
6,8S2
6,902
6,913
6,893
3,239 ::
3,278 3,324 i
3,354
3,361
3,386
3,380
3,394
3,416
3,435
3,458
3,475
130 i
69
128
180
173
139
128
100
131
122
54
84
1,136
1,109
1,008
1,046
1,013
094
981
977
1,021 '
1,005
998
1,002
192
210
273
297
336
360
409
380
419
464
429
425
11,321
11,312
11,435
11,360
11,319
May 2
May 9....
May 16
May 23
May 29
June 6..,,
June 13
June 20
June 27
„„.
JulyS...... . .
July 11
July 18 .„.
July 25
Aug.
Aug.
Aug.
Aug.
Aug.
1
8__
15
22
29
5
12
19........ .
26
Monthly averages:
January „
February
March
April.......
May
June
'
July_.________l_._
August „=-_«. .
September
October
November
December .„ „.
REPORTING MEMBER BANKS
201
NO. 59-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Loans
Investments
Total
On
securities
All
other
U.S.
Govern- Other
ment secuTotal direct rities
obligations
11,348
11,240
11,221
..... _ 11,212
11,200
8,390
8,331
8,306
8,298
8,295
2,718
2,687
2,685
2,683
2,669
5,673
5,644
5,621
5,615
5,625
2,957 1,431
2,909 1,413
2,915 1 1,429
2.913 1,430
2,905 1,424
1,527
1,496
1,486
1,483
1,482
813
835
812
812
821
250
239
216
213
209
484
427
450
426
399
7,034
6,954
6,979
6,924
6,90^
3,509
3,518
3,519
3,542
3,538
119
112
101
101
101
1,090
1,043
1,042
1,023
1,000
383
279
219
214
215
Feb. 6...
Feb. 13 .
Feb. 20
Feb. 27
11,209
11,230
11,238
11,242
8,314
8,331
8,328
8,328
2,662
2,665
2,675
2,676
5,653
5,667
5,653
5,652
2,895
2,899
2,910
2,914 ,
1,418
1,416
1,422
1,416
1,476
1,482
1,488
1,498
826
839
814
800
209
230
212
214
422
435
424
407
6,916
7,083
6,909
6,870
3,558
3,666
3,590
3,603
101
91
91
90
,063
,055
,022
,016
190
195
205
226
Mar. 5..
Mar. 12
Mar. 19.
Mai*. 26
11,245
11,286
11,355
11,336
8,347
8,379
8,407
8,398
2,682
2,686
2,681
2,673
5,665
5,693
5,726
5,725
2,898
2,907
2,948
2,938
1,408
1,415
1,458
1,445
1,490
1,492
1,490
1,493
823
822
818
808
214
215
211
217
423
430
446
410
6,881
6,981
6,930
6,846
3,609
3,606
3,601
3,815
91
91
184
179
,070
,039
,048
,021
226
205
199
203
Apr.
Apr.
Apr.
Apr.
Apr.
2
9
16
23... _ „ . _ _ . . .
30
11,360
11,355
11,386
11,369
11,381
8,428
8,448
8,466
8,447
8,456
2,682
2,694
2,715
2,711
2,728
5,747
5,754
5,752
5,736
5,728
2,931
2,907
2,920
2,922
2,925
1,430
1,409
1,399
1,394
1,387
1,502
1,498
1,521
1,528
1,539
817
810
828
818
816
208
217
211
219
208
417
409
440
439
441
6,885
6,865
6-, 975
6,888
6,929
3,612
3,621
3,624
3,029
3,652
179
178
169
155
157
1,062
1,024
1,012
991
999
234
211
201
218
200
May
May
May
May
7
14.
21
28,
11,410
11,414
11,330
11,326
8,485
8,480
8,405
8,387
2,736
2,714
2,695
2,685
5,748
5,766
5,711
5,702
2,926 ' 1,390
2,934 1,391
2,925 1,377
2,938 1,369
1,535
1,543
1,548
1,569
840
835
828
809
220
220
214
217
451
469
440
425
6,966
7,017
6,936
6,908
3,671
3,674
3,685
3,688
154
138
89
67
1,048
1,045
1,009
989
177
159
156
163
June 4 _.
June 11.
June 18
June 25,
11,298
11,323
11,357
11,359
8,376
8,376
8,386
8,353
2,680
2,654
2.651
2,652
5,696
5,721
5,735
5,702
2,922
2,947
2,971
3,006
1,370
1,390
1,411
1,417
1,552
1,558
1,560
1,589
846
844
851
853
221
221
213
215
447
538
592
586
6,942
7,018
7,023
6,989
3,708
3,728
3,739
3,758
67
61
106
106
,047
,091
,150
,159
156
136
109
98
July 2
„_July 9...
July 16
July 23.. - ....
July 30
11,441
11,448
11,483
11,492
11,535
8,364
8,409
8,411
8,391
8,409
2,669
2,699
2,702
2,691
2,710
5,695
5,710
5,709
5,700
5,698
3,077
3,039
3,072
3,100
3,126
1,468
1,442
1,459
1,475
1,480
1,608
1,597
1,614
1,625
1,646
872
859
863
854
877
221
230
210
211
212
569
582
630
610
623
7,144
7,135
7,213
7,171
7,221
3,781
3,795
3,814
3,812
3,817
107
94
84
83
79
,212
,233
1,245
1,239
1,248
95
77
72
65
67
Aug. 6_.
Aug. 13
Aug. 20
Aug. 27
11,560
11,647
11,678
11,707
8,432
8.496
8,517
8,536
2,729
2,747
2,759
2,773
5,702
5,749
5,759
5,763
3,128
3,151
3,160
3,172
1,487
1,499
1,504
1,515
1,641
1,652
1,656
1,656
880
879
905
874
212
214
209
213
650
678
615
630
7,238
7,358
7,367
7,376
3,836
3,852
3,855
3,871
80
79
79
79
1,319
1,343
,330
,330
55
57
53
50
Sept. 3
Sept. 10
Sept. 17
Sept. 24
11,740
11,821
11,969
11,994
8,546
8,621
8,642
8,647
2,795
2,815
2,810
ii.Sll
5,751
5,805
5,831
5,836
3,194
3,200
3,327
3,347
1,527
1,524
1,624
1,630
1,667
1,676
1,703
1,717
886
919
917
916
216
227
215
217
636
647
687
646
7,412
7,543
7,567
7,500
3,881
3,892
3,900
3,914
72
64
195
195
,379
,408
,423
,417
55
61
63
65
Oct.
Oct.
Oct.
Oct.
Oct.
1
8___
15
22
29
12,055
12,114
12,194
12,209
12,257
8,683
8,736
8,800
8,799
8,825
2,820
2,845
2,866
2,870
2,880
5,862
5,891
5,934
5,930
5,946
3,373
3,378
3,395
3,409
3,432
1,638
1,641
1,639
1,646
1,659
1,735
1,737
1,756
1,764
1,772
887
910
931
914
915
211
221
222
224
225
645
644
698
654
622
7,578
7,621
7,824
7,724
7,751
3,925
3,947
3,972
3,981
3,995
195
194
172
163
161
,413
,445
,479
,397
,408
66
53
60
58
53
Nov. 5.
Nov. 12
Nov. 19
Nov. 26.
12,255
12,260
12,247
12,279
8,809
8,802
8,768
8,794
2,866
2,850
2,834
2,865
5,943
5.952
5,934
5,929
3,446
3,459
3,479
3,485
1,651
1,653
1,670
1,674
1,795
1,806
1,809
1,810
924
931
971
915
237
242
225
229
629
699
629
612
7,785
7,850
7,789
7,756
4,029
4,045
4,046
4,038
163
136
113
113
,425
,421
,386
,353
57
66
54
61
12,300 - 8,816
8,840
12, .344
8,843
12,395
8,822
12,362
12,361
8,852
2,895
2,914
2,912
2,910
2,938
5,921
5,926
5,931
5,912
5,913
3,484
3,504
3,551
3,540
3,509
1,676
1,686
1,734
1,709
1,684
1,808
1,818
1,817
1,831
1,825
941
946
937
928
928
239
247
256
248
246
621 . 7,826
7,850
594
7,819
606
7,704
579
7,858
570
4,030
4,044
4,033
4,039
4,061
107
69
152
143
140
,399
,356
,313
,275
,330
72
97
121
135
124
8,324
8,325
8,383
8,, 449
8,439
8,373
8,397
8.495
8,614
.8,769
8.793
8,835
2,688
2,669
2,681
2,706
2,708
2,659
2,694
2,752
2,808
2,856
2,854
2.914
5,636
5,656
5,702
5,743
5,732
5,713
5,702
5,743
5,806
5,913
5,939
5,921
2,920
2,904
2,923
2,921
2,931
2,962
3,083
3,153
3,267
3,397
3,467
3.518
1,425
1,418
1,431
1,404
1,382
1,397
1,465
1,501
1,576
1,645
1,662
1,698
1,495
1,486
1,491
1,517
1,549
1,565
1,618
1,652
1,691
1,753
1,805
1.820
819 ' 225
820
216
818
214
818
213
828
218
849
218
865
217
885
212
910
219
911
221
233
935
247
936
6,959
6,944
6,910
6,909
6,957
6,993
7,177
7,335
7,505
7,700
7,795
7.812
3,525
3,579
3,608
3,628
3,679
3,733
3,804
3,854
3,897
3,964
4,040
4,041
107
93
136
168
112
85
89
79
131
177
131
122
,039
,039
,046
,017
,024
,112
,235
,330
,407
,429
,396
,334
262
204
208
213
164
125
75
54
61
58
59
110
Date or month
Jan. 2
Jan. 9
Jan. 16
Jan. 23
Jan. 30
Dec.
Dec.
Dec.
Dec,
Dec.
1924
3
10
17.
24
31
,. „
Monthly averages:
January
February....
March
April.
..
May.
June
July
August .
September
October
November
December
Total
loans
and
investments
11,244
11,230
11,306
11,370
11,370
11,334
11,480
11,648
11,881
12,166
12,260
12,352
balances
with
ReU.S.
serves Caah domestic Net
in
with
banks demand Time GovernFederal vault
deposits deposits ment
Ul
deposits
Reserve
Reserve
Banks
Bank
cities
only)
440
422
426
429
435
541
603
644
655
652
642
594
Interbank
deposits
(11
Reserve
Bank
cities
only)
Borrowings
at
Federal
Reserve
Banks
BANKING AND MONETARY STATISTICS
202
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITES, WEEKLY AND MONTHLY, U19-1 Mi-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Date or month
Total
loana
and
investments
Total
On
securities
All
other
Balances
Interwith
bank
Reserves Cash domestic Net
U.S.
U.S. deposits
Govern- Other with
in
banks demand Time Govern- 11
ment secu- Federal vault J11 deposits deposits ment J
Reserve
Reserve
Total direct rities Reserve
deposits Bank
Banks
obligaBank
cities
tions
only)
cities
only)
Borrowings
at
Federal
Reserve
Banks
j
1925
12,356
12,430
12,420
12,440
8,836
8,919
8,902
8,912
2,956
2,987
3,001
2,995
5,880
5,932
5,901
5,916
3,520
3,510
3,518
3,528
1,707
1,703
1,706
1,706
1,813
1,808
1,812
1,822
962 i
950
928
934
250
236
221
215
601
622
573
531
7,847
7,964
7,880
7,833
4,077
4,082
4,093
4,111
135
115
115
115
1,379
1,389
1,301
1,304
96
08
57
84
Feb. 4
Feb. 11
Feb. 18
Feb. 25
12,454
------ 12,610
12,499
12,474
8,946
9,007
9,011
9,004
3,010
3,038
3,042
3,028
5,936
5,968
5,969
5,975
3,508
3,504
3,488
3,470
1,670
1,665
1,654
1,644
1,839
1,838
1,834
1,826
939
928
935
930
212
222
217
224
537
547
540
538
7,859
7,945
7,898
7,845
4,144
4,163
4,173
4,185
113
97
105
97
1,344
1,328
1,310
1,295
88
83
93
106
Mar.
Mar,
Mar.
Mar.
4
11
18
25
12,501
12,562
...... 12,697
12,637
9,066
9,124
9,106
9,080
3,060
3,096
3,115
3,100
6,006
6.028
5,991
5,981
3,435
3,438
3,591
3,557
1,625
1,632
1,779
1,741
1,810
1,806
1,812
1,816
921
926
945
914
217
223
214
216
566
529
519
475
7,824
7,936
7,857
7,677
4,209
4,202
4,211
4,255
97
97
264
264
1,3^.8
1,296
1,248
1,197
122
120
134
128
Apr.
Apr.
Apr.
Apr.
Apr.
1
8
15
22 .
29
12,633
— 12,633
12,598
...... 12,559
12,552
9,070
9,096
9,069
9,035
9,038
3,082
3,096
3,073
3,101
3,110
5,988
6,000
5,996
5,934
5,927
3,563
3,538
3,529
3,524
3,514
1,731
1,714
1,702
1,691
1,675
1,832
1,824
1,826
1,833
1,839
924
909
929
916
903
208
223
215
219
219
516
495
543
510
496
7,704
7,693
7,747
7,662
7,614
4,269
4,270
4,264
4,267
4,270
264
249
204
171
173
1,238
1,215
1,203
1,151
1,123
183
135
154
174
164
12,547
...... 12,587
12,601
__„.. 12,602
9,055
9,077
9,073
9,067
3,123
3,135
3,154
3,176
5,931
5,942
5,919
5,892
3,492
3,490
3,528
3,535
1,666
1,668
1,681
1,662
1,826
1,822
1,847
1,873
945
921
909
907
216
222
214
219
524
544
524
510
7,680
7,73@
7,701
7,663
4,304
4,325
4,343
4,354 j
158
152
114
116
1,200
1,179
1,158
1,125
142
119
130
147
12,629
12,686
12,735
12,695
9,125
9,171
9,193
9,173
3,224
3,238
3,256
3,234
5,901
5,933
5,937
5,940
3,504
3,514
3,542
3,522
1,849
1,851
1,675
1,654
1,856
,864
,868
,868
918
928
953
935
216
222
215
216
554
527
542
490
7,726
7,794
7,817
7,708
4,359
4,373
4,395
4,398
114
103
99
102
1,216
1,172
1,179
1,124
146
136
170
182
9,214
9,240
9,287
9,275
9,279
3,252
3,283
3,299
3,298
3,304
5,962
5,958
5,987
5,977
5,975
3,520
3,502
3,500
3,512
3,511
1,648
1,642
1,646
1,649
1,645
,872
,860
,854
1,864
1,866
956
915
943
931
929
215
224
210
213
211
537
520
533
507
459'
7,844
7,797
7,904
7,840
7,796
4,404
4,406
4,407
4,412 1
4,426
98 i
78
67
67
63
1,198
1,181 !
1,189
1,153
1,118
210
169
1@0
170
202
3,302
12,795 ; 9,295
9,366 i 3,332
12,860
3,327
9,372
12,863
3,338
9,378
12,863
5,993
6,033
6,045
6,040
3,500
3,495
3,491
3,485
1,645
1,639
1,630
1,626
1,855
1,855
1,861
1,859
955
951
943
937
209
217
206
209
477
490
466
453
7,814
7,898
7,83?
7,797
4,431 i
4,427
4,427
4,437
62 i
40
45
45
1,161
1,171
1,129
1,117
210
219
244
235
12,900
12,915
13,042
13,027
13,111
9,421
9,433
9,520
9,538
9,600
3.34B
3,337
3,379
3,370
3,403
6,075
6,096
6,141
6,168
6,197
3,479
3,482
3,522
3,489
3,511
,621
,622
,663
,648
,645
1,858
1,860
1,859
1,841
1,866
941
945
942
930
928
206
223
215
220
220
472
479
534
494
508
7,850
7.8GS
7,933
7,822
7,942
4,439
4,444 !
4,424
4,432
4,467
45
30
147
147
140
1,551
1,HJ4
1,195
1,150
1,193
242
246
245
278
278
13,162
Oct. 7
Oct. 14..... ...... 13,173
13,182
Oct. 21
Oct. 28
13,191
9,656
9,666
9,666
9,694
3,440
3,418
3,451
3,460
6,216
6,249
6,215
6,228
3,506
3,506
3,516
3,497
,644
,646
,648
,638
1,862
l.sao
1,867
1,858
954
962
957
941
.226
235
224
222
497
572
533
509
7,961
S.004
7,967
7,919
4,493
4,487
4,528 i
4,554
152
131
65
65
1,208
1,231
1 , 132
1,133
293
313
328
319
Nov. 4_ — .._ — ..
Nov. 11, „ .
Nov. 18
Nov. 25
13,229
13,252
13,222
13,169
9,727
9,764
9,751
9,704
3,501
3,543
3,635
3,511
6,226
6,222
6,215
6,193
3,503
3,488
3,471
3,466
,642
,635
,612
,615
1,861
1,853
1,859
1,850
962
945
977
949
228
223
224
225
561
559
525
507
7,972
8,019
8,023
7,899
4,613
4,599 i
4,575
4,593 1
65
59
3S
34
1,215
1,200 1,176
1,114
332
302
308
311
Dee
Dec.
Dee.
Dec.
Dee.
2
9 ._
_.
16
23
30...... ......
13,191
13,245
13,336
13,279
13,267
9,726
9,763
9,781
9,731
9,714
3,514
3,552
3,586
3,572
3,571
6,213
6,211
6,194
6.159
6,143
3,465
3,481
3,555
3,548
3,552
,615
,615
,703
,679
,653
1,850
1,867
1,852
1,869
1,899
948
955
884
939
947
229
242
248
267
256
542
506
536
502
518
7,939
7,993
8,077
7,880
7,956
4,591 i
4,588
4,535
4,542
4,569
34
29
194
194
169
1,167
1,138
1,165
1,132
1,184
340
346
350
398
337
Monthly averages:
January
February
March
.,_.__
April
May
June
______
Julv
August
Septcrnbor
October
November
December
12,412
12,484
12,599
12,595
12,579
12,686
12,768
12,845
12,999
13,177
13,218
13,263
8,892
8,992
9,094
9,061
9,068
9,165
9,259
9,353
9,502
9,671
9,736
9,743
2,985
3,029
3,093
3,092
3,147
3,238
3,287
3,325
3,367
3,444
3,522
3,569
5,907
5,962
6,001
5,969
5,921
5,928
5,972
6,028
6,135
6,227
6,214
6,184
3,519
3,493
3,505
3,533
3,511
3,521
3,509
3,493
3,497
3,506
3,482
3,520
,705
,658
,694
,703
,669
,657
,646
,635
,640
,644
,626
,653
1,814
1,834
1,811
1,831
1,842
1,864
1,863
1,858
1,857
1,862
1,856
1,867
944
933
926
916
920
934
935
947
937
953
958
955
231
219
213
217
218
217
216
210
217
227
225
248
582
7,881
540
7,886
522
7,S24
513 ! 7,684
524 ! 7,690
528
7,761
511 ! 7,836
472
7,836
497
7,883
528
7,978
538
7,978
520
7,969
4,091
4,166
4,219
4,268
4,332
4.3S2
4,411
4,431
4,441
4,515
4,595
4,565
120
103
1,359
1,319
1,272
1,187
1,166
1,173
1.167
1,144
1,171
1,175
1,177
1,161
76
93
126
162
134
158
188
227
258
313
313
364
Jan. 7
Jan. 14. — . — -_..Jan. 21
.... ,.
Jan. 28
May 6
May 13...
May 20
May 27..
June 3
June 10,,
... ..
June 17
June 24. ..„«,.._.._,„
12,734
July 1
JulyS....
...... 12,743 I
12,787
July 15
July 22...... _ _ _ _ _ _ 12,787
12,790 1
July 29
Aug.
Aug.
Aug.
Aug.
5.
.. .„
12
19., . ......
26
Sept. 2 ,
.. ..
Sept. 9
Sept. 16.. . ......
Sept. 23
Sept, 30
;
180 ;
212
135
104
74
50
103
103
49
124
REPORTING MEMBER BANKS
203
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1141-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Date or month
Total
loans
and
investments
Total
On
securities
All
other
Total
1926
Re.
serves Cash
U.S.
in
jovern- Other
with
ment secu- Federal vault
direct rities Reserve
Banks
obligations
Interbalances
with
bank Sorrowlomestic Net
U.S. deposits ings
banks demand Time Governat
(11
(11
deposits deposits ment Reserve Federal
deposits Bank Reserve
Reserve
Bank
cities Banks
cities
only)
only)
6
13
20
27
13,219
13,202
13,221
13,200
9,712
9,609
9,707
9,681
3,580
3,562
3,564
3,551
6,132
6,137
6,143
6.130
3,507
3,503
3,513
3,519
1,631
1,631
1,643
1,648
1,876
1,871
1,871
1,871
975
960
960
955
247
232
222
215
542
508
505
461
8,002
8,054
8,021
7.910
4,584
4, -585
4,604
4,607
131
145
151
150
1,259
1,205
1,201
1,143
301
215
221
233
Feb. 3
Feb. 10
Feb. 17
Feb. 24
13,196
13.265
13,245
13,204
9,692
9,763
9,757
9,730
3,545
3.565
3.679
3,578
6,147
6,198
6,178
6,153
3,504
3.502
3,488
3,473
1,647
1,643
1,634
1,618
1,857
1,859
1,854
1,856
952
951
959
936
210
220
213
224
473
461
489
471
7,023
7,071
7i987
7,894
4,627
4,637
4,653
4,667
151
154
151
151
1,185
1,167
1,177
1,162
210
220
223
221
Mar.
Mar.
Mar
Mar.
Mar
3
10 .
17
24
31
13,266
13,247
13,442
13,342
13,298
9,798
9,772
9,770
9,725
9,759
3,616
3,593
3,556
3,520
3,540
6,182
6,179
6,215
6,206
6,219
3,468
3,476
3,671,
3,617
3.539
1,611
1,612
1,809
1,746
1,652
1,858
1,864
1,862
1,870
1,887
955
942
942
921
909
213
215
209
214
210
505
460
402
460
460
7,889
7,874
7,898
7,717
7,755
4,682
4,682
4,686
4,699
4,669
151
148
310
243"
244
1,200
1,151
1,184
1,094
1,127
284
221
235
321
332
Apr.
Apr.
Apr.
Apr.
7
14
21
28
13,315
13,378
13,335
13,335
9,763
9,802
9.787
9,784
3,532
3,554
3,567
3,537
6,231
6,249
6,220
6.247
3,553
3,576
3,548
3,551
1,680
1,691
1,678
1,668
1,873
1,885
1,870
1,883
936
945
927
923
219
221
213
212
478
510
481
489
7,767
7,901
7,807
7,795
4,710
4,722
4,751
4,753
242
242
198
198
1,164
1,167
1,115
1,102
267
243
232
211
May
May
May
May
5
12
19
26
13,343
13,448
13,406
13.395
0,788
0,837
0,772
9,763
3,549
3.590
3.543
3,551
6,239
6,247
6.229
6,212
3.555
3,611
3,634
3,632
1,665
1,675
1,688
1,696
1,890
1,936
1.945
1,036
965
946
979
932
212
217
211
214
518
496
474
480
7.842
7,969
7,930
7,852
4,757
4,765
4,759
4,782
101
181
159
153
1,167
1.133
1,107
1,089
216
207
210
201
June 2
June 9
June 16
June 23
June 30
13.410
13,426
13,445
13,425
13,464
0,786
0,812
0,859
0,822
9,847
3,548
3,553
3,582
3,579
3,596
6,238
6,259
6,277
6,243
6.252
3,624
3,614
3,587
3,602
3,616
1,673
1,672
1,636.
1,627
1,632
1,951
1,943
1,951
1,975
1,984
928
958
955
061
050
219
210
211
212
213
511
476
542
471
504
7,918
7,900
8,015
7,871
7,996
4,807
4,800
4,812
4,804
4,835
156
152
152
155
135
1,147
1,125
1,123
1,079
1,138
108
172
155
220
230
July 7
July 14
July 21
July 28 .„_
13,424
13,450
13,456
13,461
9,842
0,876
9.858
9.861
3,609
3,633
3.603
3.625
6,233
6,243
6,255
6,236
3,582
3,583
3,599
3,600
1,614
1,621
1.625
1.626
1,968
1,962
1,974
1,973
936
070
951
941
228
226
213
213
495
506
482
457
7,947
8,039
7.927
7,893
4,843
4.867
4,870
4.869
127
117
118
118
1,186
1,148
1,121
1,105
204
103
198
196
Aug.
Aug.
Aug.
Aug.
4
11
18
25
13,473
13,538
13,537
13.502
9,889
9,967
9.054
9.921
3,636
3,660
3,648
3,664
6,253
6,298
6,305
6,257
3,584
3.571
3,583
3,581
1,626
1,631
1,620
1,611
1,958
1.939
1,963
1,971
963
954
956
972
208
218
207
211
479
455
450
437
7,907
8,033
7,073
7,006
4,881
4,875
4,875
4,873
118,
101
91
69
1,134
1,140
1,117
1,086
211
199
230
257
Sept. 1
Sept. 8
Sept. 15
Sept. 2 2 _ _ _ _
Sept. 29
13,534
13,580
13,738
13,708
13,742
9,960
10,004
10,083
10,071
10,009
3.694
3,720
3,763
3.754
3.762
6,265
6,284
6,321
6,317
6,337
3,574
3,576
3,655
3.637
3,643
1.602
1.601
1,670
1.652
1,648
1,973
1.975
1.976
1,985
1,995
946
949
094
957
066
207
224
210
215
221
483
469
509
454
453
7,961
7,986
8,169
7,949
7.929
4,879
4,897
4,882
4,872
4,885
69
69
195
196
190
1,097
1,147
1,174
1.103
1.110
201
260
266
319
361
Oct.
Oct.
Oct.
Oct.
13,776
13,753
13,713
13.689
10,145
10,123
10.117
10.084
.3,788
3,745
3,748
3.716
6,357
6,379
6,360
6,367
3,631
3,630
3,596
3,605
1,644
1,645
1,635
1.626
1,987
1,985
1,961
1,978
971
968
058
960
218
239
221
220
473
511
477
459
8.036
8,144
8,002
7,961
4,870
4,886
4,878
4,878
200
178
117
90
1,162
1,140
1,109
1,077
333
363
351
377
Jan
Jan.
Jan.
Jan.
6
13 .
20
27
Nov.
Nov.
Nov.
Nov.
3
10
17
24, „ _
13,671
13,658
13,620
13,574
10.070
10,076
10.055
10,035
3,733
3,719
3,717
3,711
6,337
6,358
6,338
6,324
3,601
3,581
3.565
3.538
1,613
1,604
1,584
1,563
1,988
1,978
1,981
1.976
963
961
962
947
235
228
222
227
517
409
506
450
8,028
7,993
7,985
7,909
4,887
4,881
4,878
4,875
98
84
59
54
1,140
1,112
1,115
1,070
390
329
346
338
Dec.
Dec.
Dec.
Dec.
Dec.
1
8
15
22
29
13,554
13,539
13,623
13,569
13,572
10,030
10,026
10,061
10.047
10,065
3,716
3,720
3,757
3,765
3,802
6,314
6,306
6,304
6.281
6,262
3,524
3.513
3,563
3,522
3,508
1,550
1,541
1,556
1.506
1,476
1,974
1,972
2,007
2,016
2,031
947
940
984
948
952
226
242
250
276
250
488
438
503
479.
466-
7,947
7,030
8,057
7,871
7,877
4,874
4.854
4,860
4.861
4,882
54
54
118
118
118
1,096
1,085
1,113
1,088
1,117
350
202
315
388
393
13,210
13,227
13,319
13.341
13,398
13,434
13.450
13,512
13,660
13,733
13,631
13,571
9,700
9,736
9.765
9,784
9,790
9,825
0,859
9,933
10,043
10.117
10.059
10.046
3,564
3,567
3.565
3,547
3,558
3,572
3,617
3,654
3,738
3.749
3,720
3.752
6,136
6,169
6,200
6,237
6,232
6,254
6,242
6,278
6,305
6,368
6,339
6,294
3.511
•3,492
3,554
3,557
3,608
3,609
3,591
3,580
3,617
3,615
3,571
3,526
1.638
1,636
1,686
1,679
1,681
1,648
1,621
1,622
1,636
1,638
1,591
1,526
1,872
1,856
1,868
1,878
1.927
1,961
1,060
1,958
1,081
1,978
1,981
2,000
962
049
034
933
956
951
949
961
962
964
958
954
220
217
212
216
214
215
220
211
217
224
228
249
505
473
476
487
492
501
485
455
474
480
493
474
7,090
7,944
7,827
7,818
7,898
7,940
7,952
7,955
7,999
8,036
7,979
7,938
4,505
4,646
4.684
4.734
4.766
4,812
4.862
4,876
4,883
4,878
4,880
4,866
152
152
219
220
171
150
120
95
146
149
74
92
1,201
1,173
1,151
1,135
1,123
1,122
1,141
1.119
1,128
1,122
1,110
1,100
242
223
278
238
' 208
197
198
224
299
356
351
348
_.. .
Monthly averages:
January
February
March
April
May
June
July
August
September
October
November
December
204
BANKING AND MONETARY STATISTICS
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
On
securities
All
other
Re*
BorrowTT Q
serves Cash Balances ;
U.S.
u . G.
Net
Interings
in
Govern- Other with
with i demand Time Govern bank
at
ment secu- Federal vault domestic I deposits deposits ment deposits Federal
banks
Total direct rities Reserve
deposits
Reserve
obligaBanks
Banks
tions
13,506
13,498
13,470
13,451
10,036
10,002
9,970
9,940
3,779
3,744
3,739
3,728
6,257
6,258
6,231
6,212
3,470
3,496
3,500
3,511
1,455
1,487
1,506
1,514
2,016
2,009
1,994
1,997
968
954
954
942
239
230
211
207
i -26
>49l
1476
'443
7,935
7,984
7,948
7,890
4,923
4,941
4,937
4,943
112
86
86
86
'1,164
il,166
» 1,148
U, 126
315
216
192
168
Feb. 2
Feb. 9
Feb. 16
Feb. 23.
13,449
13,480
13,507
13,531
9,929
9,942
9,932
9,955
3,736
3,743
3,725
3,729
6.194
6,200
6,207
6,226
3,519
3,537
3,575
3,577
1,507
1,516
,527
,518
2,012
2,022
2,048
2,058
979
944
979
924
200
209
197
220
1,100
1,036
1,088
1,082
7,926
7,915
8,004
7,046
4,934
4,948
4,948
5,006
86
73
73
75
2,211
2,213
2,207
2,127
178
153
172
189
Mar.
Mar.
Mar.
Mar.
Mar.
2... . ..
9-..--..- —
16
23.......
30
13,610
13,639
13,862
13,816
13,819
9,997
10,019
10,076
10,025
10,025
3,762
3,756
3,792
3.773
3,764
6,234
6,262
6,283
6,253
6,261
3,613
3,621
3,786
3,790
3,794
,532
,522
,670
,671
,651
2,081
2,099
2,117
2,119
2,143
963
949
986
954
925
199
210
198
204
204
1,143
1,092
1,134
1,033
1,026
7,946
5,079
7,941 1 5,088
8,095
5,038
7,960 I 5,051
7.S87
5,044
75
66
244
223
216
2,228
2,190
2,209
2,119
2,071
205
185
169
203
213
Apr. 6 .
Apr. 13. ,. ... ...
Apr. 20
Apr. 27..
......
13,767
13,764
13,714
13,773
10,011
10,030
9,983
10,008
3,743
3,777
3,772
3,802
6,267
6,253
6,212
6,206
3,757
3,734
3,730
3,765
,652
,632
,639
,649
2,105
2,101
2,091
2,116
980
945
972
965
204
211
203
205
1,083
1,091
1,047
1,027
7,975
8,012
7,959
7,924
5,056
5,051
5,061
5,118
200
185
125
118
2,171
2,153
2,088
2,050
180
173
205
209
May 4.....
May 11.
May 18
May 25
13,812
13,828
13,882
13,879
10,049
10,060
10,062
10,045
3,800
3,805
3,836
3,825
6,249
6,255
6,226
6,220
3,763
3,768
3,820
3,834
,653
,660
1,687
1,676
2,109
2,108
2,133
2,158
976
961
966
979
202
206
200
201
1,093
1,072
1,065
1,002
7,975
8,031
8,007
7,987
5,130
5,153
5,175
5,171
111
92
67
64
2,152
2,108
2,075
1,993
230
184
227
206
_„_ 13,854
13,837
14,005
13,957
..._ 13,997
10,049
10,096
10,135
10,091
10,134
3,848
3,905
3,925
3,888
3,908
6,201
6,191
6,210
6,204
6,226
3,805
3,741
3,870
3,866
3,863
1,612
1,577
1,695
1,682
1,672
2,193
2,164
2,174
2,184
2,191
962
969
995
967
946
202
209
200
201
210
1,098
1,030
1,118
1,012
1,000
7,903
8,044
8,179
7,955
7,951
5,163
5,134
5,141
5,148
5,180
52
2,059
2,041
31
2,057
180
174 j 1,976
144
2,013
245
188
173
219
259
13,956
_ , _ „ 13,918
13,922
13,897
10,104
10,093
10,087
10,059
3,909
3,903
3,920
3,908
6,194
6,190
6,167
6,151
3,853
3,825
3,835
3,838
1,665
1,656
1,659
1,662
2,188
2,169
2,176
2,175
970
968
957
950
215
212
199
202
1,075
1,102
1,033
988
8,039
8,091
8,034
8,000
5,175
5,193
5,181
5,190
118
95
85
85
2,189
2,154
2,079
2,036
257
188
209
196
3.
10
17
24.
31
_ - _ , _ „ 13,857
13,924
13,922
... .. 13,888
13,929
10,061
10,121
10,136
10,099
10,120
3,899
3,922
3,946
3,929
3,934
6,163
tf,200
6,190
6,169
6,187
3,795
3,802
3,786
3,790
3.809
1,634
1,627
1,607
1,602
1,609
2,162
2,176
2,179
2,187
2,200
986
956
980
982
983
196
201
193
198
197
1,046
1,050
1,051
1,008
1,033
8,018
8.086
8,096
8,031
8,083
5,197
5,213
5,216
5,224
5,239
78
47
36
36
36
2,138
2,133
2,132
2,112
2,120
206
179
168
171
186
Sept. 7
Sept, 14
Sept. 21
Sept. 28
13,921
„ 14,042
14,157
, .. 14,194
10,101
10,199
10,222
10,242
3,939
3,985
3,994
4,019
6,163
6,214
6,228
6,223
3,820
3,843
3,935
3,952
1,606
1,616
1,701
1,711
2,214
2,227
2,234
2,240
972
985
983
969
209
210
202
202
1,071
1,157
1,074
1,064
8,117
8,229
S.056
8,060
5,244
5,261
5,269
5,287
8
7
225
225
2,224
2,208
2,137
2,137
163
165
190
182
14,244
14,287
1.4,314
14,258
10,267
10,304
10,318
10,281
4,009
4,023
4,043
4,059
6,258
6,281
6,274
6,222
3,977
3,983
3,996
3,977
1,728
1,733
1,739
1,722
2,249
2,250
2,257
2,256
992
1,005
997
972
203
207
206
206
1,171
1,160
1,123
1,089
8,138
8,198
8,158
8,135
5,327
5,335
5,335
5,323
213
214
160
123
2,302
2,256
2,230
2.172
195
216
224
198
14,236
14,257
14,395
14,415
__ ... 14,382
10,266
10,278
10,262
10,286
10,255
,032
,014
,037
,044
4,012
6,234
6,264
6,226
6,241
6,243
3,970
3,979
4,133
4,129
4,127
1,698
1,684
1,836
,827
,829
2,273
2,294
2,297
2,302
2,298
990
970
1,027
977
1,000
200
221
204
212
216
1,142
1,120
1,237
1,160
1,161
8,188
8,212
8,317
8,291
8,357
5,300
5,342
5,353
5,385
5,392
113
76
241
85
8
2,260
2,274
2,366
2,315
2,302 i
204
204
168
206
233
4
5
135 I
135
2,354
2,264
2,221
2,274
220
274
292
260
Date or month
Total
loans
and
investments
1927
5«,.> , ..
12
19..
26
Jan.
Jan.
Jan.
Jan.
June 1__
June 8 June 15
June 22
June 29
July 6
July 13.
July 20
July 27...
Aug.
Aug.
Aug
Aug.
Aug
Oct.
Oct.
Oct.
Oct.
5
12.
19
26_
Nov.
Nov
Nov
Nov
Nov.
2.
9.
16
23
30
Dec.
Dec
Dec.
Dec.
7
14
21_.._ — _ _
28,
14,393
14,43)
14,448
14,418
10,286
10,310
10,266
10,267
,063
,083
,063
4.075
6,224
6,227
6,204
6,192
4,107
4,121
4,181
4,149
,821
,819
,871
,827
2,286
2,301
2,310
2,322
1,007
1,023
997
1,022
225
239
253
245
1,103
1,134
1,088
1,100
8,357
8,404
8,231
8,214
5,373
5,378
5,390
5,398
Monthly averages:
January., ,
February
March
April
May
_
June
July
August „
September
October
November
December
13,481
13,492
13,749
13,754
13,850
13,930
13,923
13,904
14,079
14,276
14,337
14,422
9,987
9,940
10,028
10,008
10,054
10,101
10,086
10,107
10,191
10,292
10,269
10,282
3,747
3,733
3,769
3,774
3,816
3,895
3,910
3,926
3,984
4,034
4,02a
4,071
6,240
6,206
6,259
6,234
6,238
6,206
6,176
6,182
6,207
6,259
6,242
6,212
3,494
3,552
3,721
3,746
3,796
3,829
3,838
3,796
3,887
3,984
4,068
4,140
,490
,517
,609
,643
,669
,648
,661
,616
,659
,730
1,775
1,835
2,004
2,035
2,112
2,103
2,127
2,181
2*177
2,181
2,229
2,253
2,293
2,305
954
957
955
965
970
968
961
978
977
991
993
1,012
222
206
203
206
202
204
207
197
206
206
211
240
'•'85
1,077
1,086
1,061
1,058
1,052
1,050
1,038
1,092
1,135
1,164
1,106
7,940
7,948
7,966
7,967
8,000
8,024
8,041
8,063
8,115
8,157
8,272
8,301
93
4,936
'1,1*4 i
2,190
77
4,959
2,164
5,060
165
2,116
157
5,071
5,157
84
2,082
116
5,153
2,029
5,185
2,115
96
2,126
47
5,218
2,177
116
5,266
5,330 ' 177 2,240
5,354
2,303
105
2,278
70
5,385
... .
i Total for eleven Federal Heserve Bank cities CNew York City excluded); not available for other cities prior to February 1927.
223
173
195
192
212
217
212
182
176
208
203
261
REPORTING MEMBER BANKS
205
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Loans
Iff treatment 3
Total
On
securities
All
other
U.S.
Govern- Other
ment secuTotal direct rities
obligations
14,430
14,500
14,499
14,381
10,270
10,313
10,292
10,171
4,108
4,120
4,133
4,041
6,163
6,192
6,159
6,130
4,159
4,187
4,208
4,210
1,844
1,875
1,905
1,917
2,315
2,312
2,303
2,293
1,023
1,029
1,015
1,005
228
222
202 '
196
1,250
1,142
1,127
1,081
8,354
8,441
8,346
8,252
5,435
5,458
5,463
5,485
115
87
63
56
2,446
2,351
2,318
2,274
269
196
239
177
14,431
14,464
14,454
14,445
14,422
10,224
10,262
10,248
10,229
10,237
4,078
4,096
4,068
4,082
4,073
6,146
6,166
6,181
6,148
6,164
4,207
4,202
4,206
4,215
4,185
1,920
1,914
1,911
1,900
1,866
2,287
2,288
2,295
2,315
2,319
999
1,005
1,004
1,009
1,004
190
199
202
190
191
1,106
1,051
1,137
1,025
1,064
8,248
8,218
8,270
8,142
8,130
5,497
5,516
5,526
5,523
5,536
54
30
24
24
24
2,325
2,312
2,319
2,217
2,211
224
245
238
281
313
_.. 14,473
..
14,540
14,674
14,651
10,309
10,375
10 369
10,370
4,107
4,139
4,149
4,152
6,202
6,236
6,220
6,218
4,163
4,165
4,305
4,280
1,849
1,837
1,944
1,919
2,314
2,329
2,361
2,362
990
1,000
984
980
196
196
192
192
1,042
1,092
1,049
1,020
8,136
8,197
8,072
8,040
5,577
5,603
5 628
5,628
7
7
197
196
2,302
2,235
2 147
2,127
280
285
309
275
14,738
14,822
14,838
14,773
10,457
10 546
10,539
10,466
4,220
4,268
4,277
4,233
6,237
6,278
6,262
6,233
4,281
4,276
4,299
4,307
1,912
1,924
1,942
1,951
2,369
2,353
2,357
2,356
1,006
1,000
1,003
1,016
193
197
190
191
1,125
1,064
1,049
1 ,006
8,189
8,262
8,229
8,148
5,614
5,639
5,648
5 665
192
165
118
82
2,249
2 171
2,145
2 053
305
315
378
373
14,843
•14,844
14,870
14,875
14,895
10,527
10 546
10,565
10,548
10,574
4,242
4,266
4,293
4,308
4,333
6,285
6,280
6,272
6,239
6,241
4,316
4,299
4,305
4,327
4,320
1,957
1,940
1,934
1,952
1,919
2,359
2,358
2,371
2,375
2,401
1,012
1,019
998
994
999
191
196
186
193
192
1,106
1,038
1,076
986
981
8,216
8 232
8,267
8,151
8,103
5,670
5 702
5,703
5,702
5,720
76
51
35
27
27
2,153
2 102
2,064
1,962
1,936
405
379
396
428
500
14,870
14,927
14,895
14,899
10 581
10,644
10 625
10,640
4,344
4,359
4 340
4,351
6,237
6,286
6,285
6,289
4,289
4,282
4,270
4,259
1 933
1,923
1 914
U897
2 356
2,359
2,356
2,362
995
1,011
979
980
194
201
192
195
1 008
1,044
1,019
978
8 136
8,223
7 990
7,933
5 717
5 729
5 699
5,705
150
144
2 013
1,999
1 941
1,904
510
538
505
547
14,903
14,838
14,840
14,766
10 649
10,621
10 636
10,583
4 363
4,337
4 320
4,299
6 287
6,284
6 315
6,284
4 254
4,217
4 204
4,183
1 891
1,885
1 881
1,865
2 362
2,331
2 323
2,318
1 028
996
974
974
192
205
190
188
1 098
1,042
1 005
963
8 022
8,041
7 965
7,863
5 719
5 695
5 669
5,666
116
87
67
51
2 058
2,016
1 958
1,885
644
528
574
575
Aug. 1
Aug. 8
Aug. 15
Aug. 22
Aug. 29
14,894
14,854
14,877
14,804
14,802
10
10
10
10
10
633 ; 4 308
4,313
637
4 309
668
4,275
623
4 285
634
6 324
6,324
6 359
6,348
' 6,349
4 261
4,217
4 209
4,181
4 168
1 955 2 305
1 934 2,283
1 924 2 286
1 908 2,273
1 902 2 266
972
962
969
969
963
184
191
184
193
193
1 007
938
973
951
924'
7 893
7 816
7 896
7,799
7 796
5
5
5
5
5
682
668
659
665
677
195
159
153
124
98
1 926
1,933
1 913
1,871
1 855
599
583
577
569
589
Sept. 5
Sept. 12
Sept. 19
Sept. 26..
14,796
14,796
14,917
14,889
10 640
10 676
10,694
10,699
4,284
4 295
4,297
4,309
6,356
6 381
6,397
6,390
4,155
4 120
4,223
4,190
1 896
1 880
1,984
1,955
2,260
2 241
2,239
2,235
974
994
988
980
194
199
193
194
1,023
1 048
1,061
1,027
7 910
8 022
7^967
7,931
5 656
5 652
5 651
5 664
79
56
151
121
1,972
1 977
2,075
2,029
565
555
556
549
Oct. 3
Oct. 10
Oct. 17
Oct. 24
Oct. 31
14,887
14,872
14,962
14,926
14,978
10 753
10 769
10 804
10,787
10 857
4,292
4 306
4 305
4,316
4,352
6,460
6,463
6 498
6,471
6,506
4 134
4 103
4 159
4,139
4,120
1 918 2,216
1 905 2 198
1 962 2 197
1,947 2,191
1 926 2,194
989
984
994
989
980
196
205
197
199
195
1,098
1,050
1 123
1,026
1,051
8 060
8 053
8 130
8,026
8 052
5 640
5 640
5 629
5,626
5 648
72
48
133
98
94
2,192
2,117
2 106
1,983
2,006
545
534
519
532
542
Nov. 7
Nov. 14
Nov. 21
Nov. 28
14,933
14,928
14,923
14,927
10 840
10,846
10,830
10 846
4 357
4,376
4,388
4,433
6 483
6,470
6,443
6,413
4 093
4,083
4,092
4 081
1 910
1,909
1 897
1 894
2 183
2,174
2,195
2,186
987
1,008
995
980
209
209
199
204
1 095
1,155
1,078
1,044
8 095
8,168
8,103
8 053
5 639
5,636
5 643
5 641
64
50
51
38
2,095
2,133
2,025
1,983
533
533
493
538
Dec. 5
Dec. 12
Dec. 19
Dec. 26
14,964
15,011
15,124
15,048
10 881
10,936
10 951
10 885
4 430
4,464
4,458
4 450
6 451
6,472
6,494
6 435
4 084
4,075
4,173
4 163
1 891
1 876
1 963
1 954
2 192
2,199
2,210
2 209
996
1,005
967
1 015
213
226
239
250
1 089
1,062
1,083
1 050
8 116
8,203
8 075
7 983
5
5
5
5
633
635
649
657
13
3
181
144
2 113
2,038
2,023
2 046
542
573
562
637
Monthly averages:
January
February
March
April
May ,
June
July
August.
September ^. _
October
November
December
14,452
14,443
14 584
14,793
14,865
14,897
14,837
14,846
14,849
14,925
14,928
15,037
10 261
10 240
10 356
10,502
10,552
10 623
10 622
10,639
10,677
10,794
10,840
10,913
4,100
4 079
4 137
4,249
4,288
4,349
4 330
4,298
4,296
4,314
4,388
4,450
6,161
6 161
6 219
6,252
6,263
6,274
6 293
6,341
6,381
6,480
6,452
6,463
4,191
4 203
4 229
4,291
4,313
4 275
4 214
4,207
4,172
4,131
4,087
4,124
1 885
1 902
1 887
1,932
1 941
1 917
1 881
1,925
1,929
1 932
1,902
1,921
2,306
2 301
2 341
2,359
2,373
2 358
2 334
2,283
2,244
2,199
2,185
2,202
1 018
1 004
988
1,006
1,004
991
993
967
984
987
993
996
212
194
194
193
192
196
194
189
195
199
205
232
1,150
1 077
1 051
1,061
1,037
1,012
1 027
958
1,040
1,070
1,092
1,070
8 349
8 202
8 111
8,207
8 194
8 071
7 973
7,840
7 957
8 064
8,105
8,094
5 460
5 519
5 609
5 642
5 699
5 713
5 687
5 670
5 656
5 636
5,640
5,644
80
31
102
139
43
74
80
146
101
89
51
85
2,347
2 276
2 203
2,154
2,044
1 964
1 979
1,900
2,014
2 081
2,059
2,055
220
260
287
343
422
525
580
583
556
534
524
578
Date or month
Jan. 4
Jan. 11
Jan. 18
Jan. 25
1928
Total
loans
and
investments
Feb. 1. .
Feb. 8
Feb. 15..
Feb. 21
Feb. 29
Mar. 7
Mar. 14
Mar. 21
Mar. 28.
Apr. 4
Apr. 11
Apr. 18
Apr 25
May
May
May
May
May
2
9
16
23...
29
June 6
June 13
June 20
June 27
JulyS
July 11
July 18
July 25
,.
Re*
Borrowserves Cash Balances Net
ings
U.S. Interin
vrith demand Time Govern- bank
with
at
Federal vault domestic deposits deposits ment deposits Federal
leserve
banks
Reserve
deposits
Banks
Banks
BANKING AND MONETARY STATISTICS
206
NO. 50-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITVPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, NIMMt-Continuid
[Wednesday figures. In millions of dollars]
Loans
Investments
BorRerowserves
BalNet
ings
U.S.
with Cash ances
U.S.
deTime Gov- Inter- at
GovFedin
with mand
deern- bank FedTo brokers
All
ern- Other eral vault dodeposits ment deeral
To other Total ment secu- Reand dealers
mestic posits
de- posits Reothers
direct rities serve
banks
posits
serve
OutBanks
obligaBanks
In
tions
side
N.Y. N.Y.
City City
On securities
Date cr month
Jan
Jan.
Jan.
Jan
Jan,
Total
loans
and
invest*
ments
Total
Total
1929
15,065
2
9.,._
- — 15,045
15,102
16
——
23
.__.._- 15,058
30
— - 15,026
10,966
10,925
10,935
10.898
10,887
4,559
4,551
4,624 "672~
4,622
661
4,651
678
---- 15,068
15,053
15,071
15,099
10,933
10,926
10,960
10,997
4,701
4.698
4,701
4,710
693
645
586
529
778
790
802
831
3,230
3,263
3,313
3,350
6,232
6,228
6,259
6,287
4,136
4,127
4,111
4,102
15,113 11,009 4,714
,- 15,175 11,082 4,762
- — 15,241 11,103 4,809
~ 15,177 11,073 4,740
499
522
537
488
837
854
868
831
3,378
3,386
3,404
3,421
6,295
6,319
6,294
6,333
Feb. 6
Feb 13
Febi 20
Feb. 27 ,...
Mar.
Mar
Mar
Mar
6
13
20
27
Apr,
Apr.
Apr.
Apr.
3
10
.--17
.__ — _
24 ....
6,407 4,099 1,907
6,374 4,120 1,927
3~952~ 6,311 4,167 1,975
0) 3,961 6,276 4.158 1,970
758 3,215 6,236 4,138 1,962
1,014
1,008
1,015
1,004
992
227
212
188
190
188
1,237
1,071
1,110
1,067
1,025
8,301
8,201
8,220
8,086
8,061
5,682
5,694
5,703
5,707
5,693
122
81
66
60
61
2,212
2,082
2,050
1,992
1.976
531
453
457
473
452
1,963
1,956
1,940
1,926
2,173 1,001
2,171 1,000
2,172
977
2,176
985
183
200
192
190
1,052
1,095
1,049
1,042
8,058
8,211
8,047
8,038
5,690
5,697
5,694
5,702
36
31
31
26
2,036
1,984
1,930
1,924
505
495
534
578
4,104
4,093
4,136
4,105
1,948
1,947
1,991
1,977
2,156
2,145
2,145
2,128
990
995
971
962
185
189
182
188
1,070
1,061
1,055
1,017
8,023
8,137
7,991
7,913
5,704
5,689
5,645
5,640
4
4
176
176
2,019
1.956
1,933
1,869
560
577
585
575
1,969
1,939
1,931
1,923
"To*
2,194
2,193
2,192
2,187
2,177
15,156
15,117
15,088
15,006
11,062
11,034
11,033
10,978
4,697
4,672
4,671
4,612
445
440
451
466
821
796
794
786
3,431
3,436
3,426
3,360
6,366
6.363
6,362
6,366
4,094
4,084
4,055
4,027
2,124
2,145
2,124
2,103
959
956
962
954
185 1,055
184 1,033
177 1,040
983
181
7,831
7,850
7,913
7,817
5,643
5,627
5,632
5,622
167
149
96
83
1,916
1,853
1,823
1.747
631
548
550
521
May 1
May 8
May 15
May 22
May 29
14.981
14,929
14,962
14,885
14,900
10,962
10,943
10,964
10,893
10,903
4,594
4,594
4,580
4,530
4,527
444
456
461
387
339
777
770
760
763
769
3,373
3,368
3,359
3,380
3,419
6,368
6,349
6,383
6,363
6,376
4,019 1,923 2,096
3,984 1,904 2,081
3,998 1,910 2,088
3,993 1,913 2,079
3,997 1,879 2,119
956
959
957
946
944
171 1,049
182
959
999
173
922
180
920
180
7,900
7,840
7,972
7,740
7,667
5,611
5,614
5,614
5,620
5,611
83
62
61
57
57
1,801
1,776
1,770
1,671
1,620
546
495
460
503
577
June 5
.-June 12 .
June 19
June 26
14,879
14,904
15,021
14.997
10,928
10,974
11,078
11,068
4,519
4,546
4,633
4,631
325
358
421
395
768
752
767
764
3,426
3,436
3,445
3,472
6,409
6,428
6,445
6,439
3,952
3,930
3,643
3,929
1,867
1,850
1,872
1,841
2,084
2,081
2,071
2,087
951
961
937
959
181
180
176
178
957
936
9S2
962
7,731
7,901
7,795
7,780
5,609
5,587
5,578
5,601
34
27
188
188
1,738
1,739
1.733
1,738
540
492
504
487
July 3
July 10
July 17
July 24
July 31
14,960
14,973
14,993
14,957
15,031
11,082
11.125
11,163
11,155
11,208
4,644
4,663
4.674
4,666
4,705
398
419
452
452
461
753
761
737
729
740
3,493
3,484
3,485
3,485
3,504
6,438
6,461
6,490
6,490
6,502
3,878
3,849
3.831
3,803
3,823
1,820
1,800
1,793
1,777
1,774
2,058
2,050
2,037
2,025
2,049
971
937
972
973
964
181 1,047
983
220
199 1,018
190
994
184
986
7,952
7,916
8,027
7,943
8,038
5,608
5,588
5,558
5,569
5,562
145
116
114
66
63
1,89?
1,789
1,805
1,769
1,753
485
509
465
466
485
..- -. 15,069
15,069
15.069
15,022
1 ,269
1 ,290
1 ,301
1 ,264
4,754
4,751
4,735
4,696
492
483
461
417
769
760
753
742
3 ,493
3,508
3,521
3,537
6,516
6,540
6,566
6,567
3,800
3,779
3,768
3,759
1,774
1,772
1,768
1,761
2,026
2,008
2,000
1,997
972
971
950
961
188
189
184
187
954
993
956
938
8,023
8,019
7,945
7,879
5,561
5,579
5,571
5,577
37
33
33
28
1,844
1,793
1,746
! 1,720
475
535
542
532
188 1,030
192 1,024
186 1,041
994
184
7,954
8,079
7,986
7,942
5,602
8 1,837
5,590
1,821 ;
5,582 "l62~ 1,862
162 1.803
5,589
178
192
179
184
193
1,091
1,015
1,135
1,021
1,137
8,016
7,934
8,136
8,016
8,259
5,569
i 5,548 !
[ 5,550 j
5,626
5,611
Aug
Aug.
Aug.
Aug.
7
14
21
28..
„.--
15,045
15,103
15,200
15,208
1
1
1
1
,297 4,688
,372 4,732
,439 4,790
,467 4,837
414
440
478
448
744
743
755
791
3,530
3,549
3,559
3,598
6,610
6,640
6,647
6,630
3,748
3,732
3,760
3,741
1,756 1,991
1,749 1,983
1,769 ,991
1,753 ,988
958
973
971
966
15,266
15,209
15,268
__..... 15,276
15,421
1
1
1
1
1
,552 4,881
,513 4,8.51
,580 4,911
,601 4,915
,743 4,974
430
405
474
447
285
817
770
759
766
865
3,634
3,676
3,678
3,702
3,824
6,671
6,661
6,669
6,686
6,769
3,714
3,695
3,688
3,674
3,677
1,739
1,724
1,712
1,707
1,692
,975
,972
,976
,967
,985
974
959
990
986
,008
Nov. 6
Nov 13
Nov. 20
Nov. 27
... — 15,415
15,378
,_- - 15,297
..... 15,166
1
1
1
1
,756
,712
,646
,529
4,995
4,942
4,886
4,812
304
241
218
200
793
783
722
670
3,898
3,918
3,946
3,942
6,761
6,769
6,761
6,717
3,659 1,686
3,667 1,671
3,651 1,655
3,637 1,645
,973
,997
,997
,992
996
989
972
962
193 1,132
200 [.142
189 1,096
194
996
8,177
8,201
8,044
7,920
Dec. 4
Deo. 11
Deo. 18
Dec. 24
Deo. 31
„ . 15,107
15,013
15,013
14,998
14,923
11,491
11,408
11,429
11,399
11,392
4,816
4,795
4,876
4,886
4,906
225
253
305
297
299
659
638
633
649
689
3,932
3,904
3,938
3,940
3,918
6,675
6,613
6,553
6,513
6.485
3,615
3,604
3,585
3,599
3,531
1,628" ,987
1,614 ,990
1,631 ,954
1,621 ,979
1,520 2,010
981
960
977
966
947
196
208
216
215
201
1,046
1,032
1,071
1,038
1,198
7,931
8,003
7,961
7.927
8,090
Sept 4
Sept, 11
Sept 18
Sept. 25
Oct. 2
Got. 9
Oet, 16
Get. 23
Get 30
.,--. .
162
149
114
94
91
544
543
531
541
1,923
1,853
1,966
1,803
.901
609
566
556
513
559
5,599
5,514
5,485
5,485
59 ,941
55 1,938
42 1,854
36 1,768
598
648
584
570
5,476
5,486
5,492
5,528
5,552
23
19
88
73
65
546
427
380
395
299
1,888
1,852
1,911
1,893
1,987
Monthly averages:
201 1,102 8,174 5,696
78 2,062
6,321 4,136 1,948 2,188 ,007
473
15,059 10,922 4,602
January
991
191 1,060 8,088 5,696
31 1,969
528
February
„ - _ . _ 15,073 10,954 4,703 "612' "sol" 3^289" 6,251 4,119 1,946 2,173
979
2,143
8,016 5,669
186 1,051
574
90 1,945
513
847 3,397 6,310 4,109 1,966
15,176 1 ,067 4,756
March
957
182 1,028 7,853 5,631
124 1,835
563
799 3,413 6,364 4,065 1,941 2,124
15,092 1 ,027 4.663
451
April
952
970 7,824 5,614
177
64 1,728 ' 516
417
768 3,380 6,368 3,998 1,906 2,093
14,931 1 ,933 4,565
May
952
971 7,802 5,594
179
109 1,736
375
505
762 3,446 6,430 3,938 1,858 2,081
14,950 1 ,012 4,582
June
...
963' 195 1,005 7,975 5,577
101 1,803
482
437
744 3,490 6,476 3,837 1,793 2.044
14,983 1 ,146 4,670
July
187
521
960 7,967 5,571
33 1,777
463
755 3,515 6,547 3,776 1,769 2,008' 963
August
- - 15,058 1 ,281 4,734
83 1,831
967
187 1,023 7,990 5,591
3,559 6,632 3,745 1,757 1,988
540
445
758
15,139 1 ,394 4.762
September
122 1,891
983
185 1,079 8,072 5,581
561
409
795 3,703 6,692 3,690 1,715 1,975
15,288 1 ,598 4,906
October
194 1,091 8,086 5,521
48 1,876
980
594
742 3,926 6,752 3,654 1,664 1,989
241
15.314 1 ,661 4,909
November
54 1,906
966
207 1,077 7,982 5,507
410
276
653 3,927 6,568 3,587 1,603 1,984
15,011 1 ,424 4,856
December
i Loans to brokers and dealers outside New York City not available separately for January 16 and 23; included in loans on securities "to others.'
REPORTING MEMBER BANKS
207
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Re-
On securities
Total
loans
and
investments
Date or month
1930
8
15
22
29 ..
Jan.
Jan.
Jan.
Jan.
To brokers
and dealers
Total
Total
To
others
AU
other Total
OutIn
side
N.Y. N.Y.
City City
3,584
3,583
3.587
3,602
with
U.S.
FedGovern- Other eral
ment secu- Redirect rities serve
Banks
obligations
BalNet
Cash ances
dein
with mand
vault do-,
demestic posits
banks
BorrowU.S.
ings
Time Gov- Interern- bank
deposits ment deeral
de- posits Reposits
serve
Banks
&
14,787
14,737
14,657
14,637
Feb. 5
Feb. 12
Feb. 19
Feb. 26
.
_
11,203
11,154
11,069
11,035
4,857
4,884
4,838
4,815
351
426
432
429
625
602
589
582
3,881
3,856
3,817
3,804
6,346
6,270
6,232
6,220
1,975
1,969
1,965
1.973
982
960
984
962
198 1,047
187 1,047
179 1,000
181
953
7,939
7,938
7,825
7,724
5,540
5,579
5,620
5,638
37
31
29
29
1,951
1,922
1,869
1,844
268
215
176
173
14,581
14.581
14,607
14,591
10,981
10,981
10,941
10,929
4,771
4,770
4,756
4,751
440
484
493
503
561
540
543
536
3,770
3,746
3,720
3,712
6,211 3,600 1,629 1,971
6,211 3,600 1,633 1,966
6,184 3,666 1,695 1,971
6,178 3,662 1,693 1,969
955
946
953
949
173
176
182
172
1,033
1,055
1,026
1,008
7,711
7,760
7,766
7,717
5,622
5,633
5,627
5,644
U 1,949
1,937
4 1,890
4 1,886
162
148
149
151
14,603
14,637
14,767
14,807
10,966
11,004
11,059
11,075
4,784
4,818
4,894
4,903
545
615
718
710
529
518
518
536
3,710
3,685
3,658
3,657
6,181
6,186
6,165
6,172
3,637
3,634
3,707
3,732
1,664
1,656
1,715
1,724
1,973
1,978
1,992
2,008
960
978
940
968
169
174
166
166
1,021
1.031
1,107
1,098
7,754
7,876
7,798
7,884
5,641
5,653
5,671
5,734
1.966
1,930
180 1,951
153 1,938
126
96
51
47
1,609
1,614
1,622
1.629
Mar.
Mar.
Mar.
Mar.
5
12
19
26
Apr.
Apr.
Apr.
Apr.
Apr.
2
9
16
23
30
14,783
14,836
14,854
14,861
14,806
11,019
11,049
11,060
11,044
10,995
4,851
4,878
4,921
4,918
4,870
675
734
773
732
697
547
545
562
589
578
3,629
3,600
3,587
3,596
3,595
6,168
6,171
6,139
6,126
6,125
3,763
3,787
3,794
3,817
3,811
1,730
1,737
1,735
1,754
1,740
2,034
2,051
2,059
2,064
2,072
980
963
988
982
992
161
169
162
174
167
1,110
1,026
1,092
1,029
1,041
7,902
7.908
8,017
7,970
7,956
5,719
5,734
5,723
5,700
5,710
140
111
91
70
63
2,021
1,979
1,986
1,905
1,900
67
45
49
49
62
May
May
May
May
7
14..
21
28.
14,804
14,784
14,830
14,823
10,083
10,941
10,958
10,909
4,850
4,839
4,866
4,856
662
648
677
625
601
603
606
613
3.587
3,588
3,583
3,618
6,132
6,102
6,092
6,053
3,822
3,843
3,871
3,914
1,738
1,739
1,745
1,732
2,083
2,104
2,127
2,182
986
995
991
962
171
176
168
177
1,040
1,125
1,081
1,042
7,944
8,023
7,972
7,880
5,709
5,728
5,762
5,771
34
34
34
34
1,974
1,993
1,917
1,871
51
47
43
52
June 4
June 11
June 18. .
June 25
14,823
14,907
14,986
14,911
10,916
10,979
10,999
10,901
4,845
4,927
4,882
4,783
616
698
586
475
613
614
651
640
3,616
3,615
3,645
3,668
6,072
6,053
6,117
6,118
3,907
3,928
3,988
4,010
1,733
1,727
1,775
1,764
992
2,174
990
2,201
2,213 1,004
990
2,246
174
175
168
169
1,149
1,134
1,257
1,245
7.993
8,112
8,037
7,905
5,784
5,783
5,771
5,814
19
13
142
142
2,036
2,023
2,108
2,051
45
48
44
54
July 2
July 9...
July 16
July 23
July 30 .
14,957
15,008
16,091
15,025
15,034
10,902
10,953
10,962
10,900
10,895
4,783
4,861
4,880
4,835
4,805
481
579
616
601
586
644
634
619
602
600
3,658
3,648
3,644
3,632
3,619
6,119
6,092
6,082
6,065
6,090
4,056
4,055
4,130
4,125
4,139
1,756
1,772
1,819
1,820
1,809
996
2,300
2,283 1,024
2,311 1 028
998
2,305
993
2,330
175
182
167
166
168
1,440
1,373
1,507
1,563
1,471
8,080
8,107
8,228
8,082
8,090
5,876
5,891
5,947
5,956
5,915
129
98
90
80
73
2,270
2,289
2,333
2,335
2,293
84
67
45
32
35
Aug. 6...
Aug. 13
Aug. 20
Aug. 27
15,027
15,024
15,060
15,015
10,869
10,855
10,828
10,783
4,776
4,764
4,762
4,743
562
565
565
539
584
592
581
575
3,631
3,607
3,616
3,628
6,093
6,091
6,066
6,040
4,158
4,169
4,232
4,232
1,798
1,795
1,832
1,833
2,359
998
2,374 1 002
2,400 1,025
2,399 1 006
160
168
159
165
1,422
1,471
1,391
1,419
8,070
8,110
8,069
7,975
5,938
5,953
5,972
5,995
43
30
30
30
2,347
2,358
2,316
2.322
36
38
44
40
Sept. 3..
Sept. 10..
Sept. 17
Sept. 24
15,007
15,124
15,192
15,205
10,772
10,880
10,911
10,879
4,705
4,801
4,855
4,835
519
629
711
669
585
568
558
594
3,601
3,604
3,586
3,572
6,067
6,078
6,055
6,044
4,234
4,244
4,282
4,326
1,835
1,832
1,863
1,885
2,399 1 020
2,412 1,017
2,419 1,027
996
2,441
163
170
161
165
1,488
1,484
1,579
I 539
8,016
8,145
8,093
7,968
11 2,403
6,035
2,421
6,035
6,045 "135" 2,481
135 2,411
6,074
43
37
28
33
15,142
15,061
15,087
15,110
15,081
10,769
10,686
10,689
10,670
10,648
4,679
4,600
4,611
4,585
4,565
519
466
415
420
416
579
565
600
572
543
3,582
3,569
3,595
3,593
3,606
6,090
6,086
6,078
6,085
6,084
4,373
4,375
4,398
4,440
4,433
1,908
1,921
1,917
1,930
1,924
2 464
2 454
2,481
2,509
2,509
985
1 008
1,033
1,001
1 005
156
167
165
166
169
1,536
1,537
1,590
1,419
1,478
8,034
7,934
8,102
7,960
7,893
6,080
6,062
6,046
6,030
6,056
2,439
2,457
2,478
2,290
2,290
44
37
47
58
62
. . ..
Oct.
Oct.
Oct.
Oct.
Oct.
1
8
15
22...
29..
Nov.
Nov.
Nov.
Nov.
5.
12. .
19
26...
15,054
15,071
15,042
14,969
10,668
10,646
10,622
10,538
4,550
4,527
4,486
4,419
388
356
342
287
532
519
510
495
3,630
3,652
3,634
3,637
6,117
6,119
6,136
6,119
995
4,386 1,889 2,498
4,425 ,912 2,513 1,013
999
4,421 ,905 2,516
983
4 431 ,889 2,542
171
179
171
172
1,535
1,575
1,567
1,452
8,008
8,125
7,957
7,885
6,053
6,065
6,045
6,048
53 2,376
36 2,410
25 ,325
25 ,198
54
61
62
84
Dec.
Dec.
Dec.
Dec.
Dec.
3.
10
17
24
31
14,964
14,961
15,082
14,940
14,804
10,541
10,530
10,552
10,450
10,404
4,428
4,459
4,499
4,413
4,376
281
323
316
222
177
505
502
522
512
512
3,642
3,634
3,661
3,679
3,687
6,113
6,071
6,054
6,037
6,028
4,424 ,878
4,432 ,873
4 529 ,978
4,490 ,922
4,400 1,810
2,546
2,558
2,552
2,568
2,590
1,011
1,008
1,013
990
1,018
174
190
203
2H
202
1,435
1,414
1,382
1,313
1,485
7,974
7,966
7,916
7,771
7,928
5,994
5,995
5,964
5,917
5,869
,270
,234
"205" ,222
167 ,113
169 ,222
93
87
135
181
81
14,705
14,590
14,703
14,828
14,810
14,907
15,023
15,031
15,132
15,096
15,034
14,950
11,115
10,958
11,026
11,033
10,948
10,949
10,922
10,834
10,860
10,692
10,618
10,495
4,849
4,762
4,850
4,888
4,853
4,859
4,833
4,761
4,799
4,608
4,496
4,435
409
481
646
721
653
594
573
558
632
447
343
263
600
544
525
564
606
629
620
582
576
572
514
511
3,840
3,737
3,678
3,602
3,594
3,636
3,640
3,621
3,591
3,589
3,639
3,661
6,267
6,196
6,176
6,146
6,095
6,090
6,090
6,072
6,061
6,085
6,123
6,061
3,589
3,632
3,677
3,795
3,862
3,958
4,101
4,198
4,272
4,403
4,416
4,455
,970
,969
,988
2,056
2,124
2,208
2 306
2,383
2,418
2,483
2,517
2,563
972
951
962
981
984
994
1,008
1,008
1,015
1,006
998
1,008
186
176
169
167
173
171
171
163
165
164
173
197
1,012
1,030
1,065
1,060
1,071
1,196
1 471
1,426
1,523
1,512
1,532
1,406
7,857
7,739
7,828
7,951
7,955
8,011
8,118
8,056
8,055
7,985
7,994
7,911
5,594
5,631
5,675
5,717
5,742
5,788
5,917
5,964
6,047
6,055
6,052
5,948
31 ,897
7 ,916
83 ,946
95 ,958
34 ,939
79 2,054
94 2,304
34 ,335
70 ,429
105 ,391
35 ,327
108 ,213
208
152
80
54
48
48
53
39
35
50
65
115
_
Monthly averages:
January
February
March
April
May
June
July
August .
September
October
November
December
. ._
1,619
1,662
1,690
1,739
1,739
1,750
1,795
1,815
1,854
1,920
1,899
1,892
135
109
106
91
84
208
BANKING AND MONETARY STATISTICS
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1141-Continued
[Wednesday figures. In millions of dollars]
Total
loans
and
investments
Date or month
Total
1931
14,808 10,406
Jan 7
Jan. 14 _ _ _ _ _ ...... 14,776 10,345
14,723 10,277
Jan 21
Jan. 28 _.
.... 14,710 10,219
|
Investments
Loans
BorRerowOn securities
Net
Balserves
U.S.
ings
with Cash ances
U.S.
Time Gov- Inter- at
dein
FedGovern- bank Fedwith mand deAll
ern- Other eral vault doTo brokers
de- posits ment de- eral
To other Total ment secu- Reand dealers
mestic posits
de- posits Reothers
direct rities serve
banks
Total
posits
serve
Banks
OutobligaBanka
In
side
tions
' N.Y. N.Y.
City City
4,420
4,398
4,364
4,355
260
285
280
286
479
452
435
427
3,681
3,661
3,649
3,642
5,986
5,946
5,912
5,864
4,402
4,431
4,446
J4.491
1,864
1,903
1,921
1,947
2,538 1,006
987
2,528
987
2,525
977
2,544
203
163
178
177
1,504
1,622
1,599
1.5S9
7,910
7,940
7,869
7,815
5,863
5,887
5,889
5,899
123
95
83
77
2,309
2,393
2,348
2,368
109
76
70
53
Feb. 4 „
_ _ _ _ _ 14,717 10,151 4,289
14,697 10,092 4,269
Feb. 11
Feb. 18 _ ........ 14,697 10,038 4,211
14,667 9,995 4,176
Feb. 25
277
272
236
223
420
409
402
400
3,592
3,588
3,573
3,553
5,862
5,823
5,827
5,819
4,566
'4,605
4,659
4,672
2,007
2,007
2,049
2,063
2,559
2,598
2,610
2,609
996
988
992
985
168
380
170
178
1,651
1 , 699
1,681
1,742
7,798
7,839
7,785
7,776
5,951
5,950
5,969
6,000
77
66
65
66
2,483
2,498
2,499
2,501
65
58
52
42
14,667 9,960 4,096
. 14,748 10,023 4,155
15,028 9,989 4,146
15,010 9,949 4,105
171
.251
250
231
409
406
396
387
3,516
3,498
3,500
3,487
5,864
5,868
5,843
5,844
4,707
4,725
5,039
5,061
2,087
2,087
2,403
2,410
2,620
2,638
2,636
2,651
989
981
993
986
168
171
163
163
1,758
1,709
1,829
1,750
7,733
7,840
7,837
7,821
6,057
6,051
6,050
6,065
24 2,520
2,502
354 2,6)2
277 2,601
47
33
27
35
9,931
9,910
9,920
9,828
9,786
4,073
4,080
4,111
4,075
4,049
228
255
245
245
210
383
385
425
394
395
3,462
3,440
3,441
3,436
3,444
5,358
5,830
5,809
5,753
5,737
5,028
5,077
5,234
5,279
5,276
2,379
2,425
2,565
2,575
2,551
988
2,649
2,652 1,017
995
2,669
997
2,704
999
2,725
162
168
166
172
173
1,644
1,681
1,687
!l,578
1,508
7,900
7,981
8,062
7,977
7,900
6,061
6,056
6,085
6,144
6,159
233
205
283
202
163
2,562
2,653
2,636
2,536
2,434
29
20
19
21
38
Mar. 4
Mar. 11
Mar. 18
Mar. 25
_.
Apr. 1
Apr 8
Apr. 15
Apr 22
Apr. 29
14,959
14,987.
. ..... 15, 1H
15,107
_ ..... 15,062
6
13
20
27
14,962
14,826
14,788
14,783
9,710
9,623
9,639
9,661
3,991
3,927
3,956
3,959
183
135
161
168
391
382
383
378
3,417
3,410
3,412
3,413
5,719
5,696
5,683
5,702
5,252
5,203
5,144
5,122
2,556
2,530
2,473
2,432
2,696 1,012
2,673 1,006
2,671 1,019
980
2,690
I! 73
178
178
178
1,559
1,745
1,636
1,654
7,872
7,897
7,888
7,807
6,167
109 2,504
6,129
91 2,534
6,161
48 2,443
6,148 - 29 2,454
36
22
28
29
June 3
June 10
June 17
June 24
14,732
__.-..._,. 14,696
14,831
14,722
9,623
9,581
9,576
9,512
3,947
3,915
3,923
3,912
159
127
123
127
373
376
375
363
3,415
3,412
3,425
3,422
5,676
5,666
5,653
5,600
5,109
5,115
5,255
5,210
2,464
2,466
2,600
2,573
998
2,645
2,649 1,016
969
2,655
962
2,637
171
193
190
189
1,618
1,671
1,448
1,416
7,830
7,823
7,760
7,675
6,132
6,108
6,016
5,977 !
7
7
202
201
2,516
2,495
2,313
2,232
46
59
57
63
14,642
14,698
14,610
14,572
14,544
9,500
9,490
9,480
9,434
9,426
3,883
3,862
3,875
3,858
3,859
135
148
163
168
172
354
366
363
350
348
3,394
3,348
3,349
3,340
3,339
5,617
5,628
5,605
5,576
5,567
5,142
5,208
5,130
5,138
5,118
2,522
2,521
2,512
2,514
2,494
983
2,620
2,687 1,005
971
2,618
969
2,824
973
2,624
189
188
174
176
178
1,584
1,606
1,595
1,504
1,477
7,825
7,818
7,763
7,690
7,644
5,983
5,994
5,979
5,971
5,992
201
176
154
136
124
2,374
2,398
2,344
2 937
2! 188
22
40
43
60
55
Aug 5
Aug. 12
Aug. 19.
Aug. 26
14,501
.......,„ 14,509
14,438
._ 14,389
9,406
9,393
9,356
9,326
3,864
3,846
3,831
3,822
178
185
180
178
349
344
342
342
3,337
3,317
3,309
3,302
5,542
5,547
5,525
5,504
5,095
5,116
5,082
5,063
2,481
2,483
2,468
2,463
2,614
2,633
2,614
2,600
166
979
977
178
978 ! 188
183
976
1,466
1,400
1,354
1,247
7,656
7,679
7,591
7,538
5,976
5,974
5,945
5,909
85
48
29
27
2,244
2,213
2,117
2,023
56
56
90
86
Sept. 2.,
Sept. 9
Sept. 16
Sept. 23
Sept 30
_. 14,371
14,350
.__._.„ 14,469
.... 14,297
14,183
9,326
9,316
9,289
9,192
9,132
3,817
3,799
3,773
3,720
3,669
181
172
157
94
48
340
340
337
349
352
3,296
3,287
3,279
3,277
3,269
5,509
5,517
5,516
5,472
5,463
5,045
5,034
5,180
5,105
5,051
2,458
2,446
2,602
2,524
2,478
996
2,587
973
2,588
969
2,578
2,581 : 951
936
2,573
1,288
1,276
1,269
1,165
1,187
7,536
7,557
7,468
7,235
7,224
5,896 ! 27
5,861 :
5,794 ! 292
5,746
2m
5,702
261
2,085
2,094
'. 2,032
1,880
1,867
99
111
113
143
152
14,041
13,963
13,938
13,895
9,057
9,010
9,001
8,969
3,612
3,598
3,606
3,592
36
42
56
56
344
329
326
313
3,232
3,227
3,224
3,223
5,445
5,412
5,395
5,377
4,984
4,953
4,937
4,926
2,438
2,419
2,420
2,411
2,546
2,534
2,517
2,515
936
929
909
893
210 1,050
213 1,067
963
204
912
205
7,138
7,103
6,992
6,905
5,577
5,502
5,461
5,429
215 : 1,826
105 ; 1,762
1 , 643
112 1,572
216
293
381
406
13,837
13,793
_ ...... 13,740
13,688
8,963
8,947
8,917
8,870
3,580
3,578
3,592
3,576
54
68
88
88
311
306
307
301
3,215
3,204
3,197
3,187
5,383
5,369
5,325
5,294
4,874
4,846
4,823
4,818
2,384
2,367
2,362
2,357
2,490
2,479
2,461
2,461 |
881
860
877
866
203
201
190
190
969
989
959
893
6,930
6,934
6,916
6,846
5,392 i
5,354
5,332
5,304
89
62
62
50
1,671
1 , 659
1 , 656
1,573
411
390
369
381
13,675
13,600
_ _ _ 13,705
13,559
_ _ _ . _ - 13,385
8,862
8,812
8,761
8,699
8,612
3,568
3,550
3,533
3,502
3, [482
80
99
67
27
25
298 3,190 5,294 4,813 2,357 2,456
268 3,183 5,262 4,788 2,340 2,448
294 ,172 5,228 4,944 2,500 2.444
294 ,181 5,197 4,860 2,430 2,430
289 ,168 5,130 4,773 2,348 2,425
857
869
869
82*
892.
189
197
207
224
213
922
876
941
882
922
6,864
6,815
6,792
6,609
6,660
5,264
39
5,242
4
5,194 \ 289
5,158 :
186
5,119
186
1,633
1,568
1,617
1,521
1,572
410
416
392
469
396
14,754 10,311 4,384
14,694 10,068 4,236
14,864 9,981 4,126
15,053 9,875 4,077
14,838 9,658 3,959
14,745 9,573 3,924
14,613 9,466 3,867
14,460 9,370 3,840
14,334 9,251 3,756
13,959 9.009 3,602
13,765 8,925 3,582
13,584 8,749 3,526
278
252
226
237
162
134
157
180
131
47
75
59
188
174
166
169
177
186
181
179
186
208
196
206
1,579
1,693
1,761
1,620
1,649
1,538
1,553
1,367
1,237
999
952
909
7,884
7,799
7,808
7,964
7,866
7,773
7,748
7,616
7,404
7,034
6,907
6,748
5,885
95
5,967 ! 69
164
6,056
217
6,101
70
6,151
6,058 i 104
5,984
158
5,951
47
172
5,800
5,492
163
5,345
66
5,195
141
: 2,354 I
2,495
2,559
! 2,565
2,484
2,389
3,309
2,150
1,991
1,702
1,640
1,582
77
55
35
26
28
56
44
72
124
324
388
416
May
May
May
May
July 1
July 8
July 15
July 22
July 29
...
......
Oct 7
Oct. 14 . _ _ _ _ _ _ _ _
Oct 21
Oct 28
Nov 4
Nov 11
Nov. 18
Nov. 25
Dec. 2, ,.
Dec 9
Dee 16
Dec 23
Dec 30
___„
Monthly averages:
January
February
March
April, „-,.,._..
May
....
=
June
„_«.„.._
July
August....
September „«, = „October
_,._
N o ve mb er
448
407
399
396
384
372
356
344
343
329
306
288
,658
,577
,501
,444
,413
,418
,354
,316
3,282
3,226
3,201
3,179
5,927
5,832
5,855
5,798
5,699
5,649
5,599
5,530
5,495
5,407
5,343
5,223
4,443
4,626
4,883
5,178
5,180
5,172
5,147
5,090
5,083
4,950
4,840
4,835
1,909
2,032
2,247
2,499
2,497
2,525
2,513
2,474
2,502
2,421
2,367
2,395
989
2,534
990
2,594
987
2,636
999
2,679
2,683 1,004
987
2,647
980
2,634
978
2,616
965
2,581
916
2,529
871
2,473
862
2,440
174
187
175
198
193
:
!
iao ;
REPORTING MEMBER BANKS
209
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Oontinued
[Wednesday figures.
Investments
Loans
Total
BorRerowserves
Net
BalU.S.
ings
with Cash ances
U.S.
de- Time Gov- Inter- at
FedGovwith mand dein
ern- bank Federn- Other eral vault doAll
To brokers
de- posits ment deeral
mestic posits
and dealers
To other Total ment secu- Rede- posits Redirect rities serve
banks
others
Total
posits
serve
Banks
obligaOutBanks
tions
In
side
N. Y. N.Y.
City City
- _ _- 13,340
13,299
13,214
13,173
8,605
8,566
8,519
8,490
3,464
3,444
3,427
3,402
30
36
42
32
277
273
263
259
3,157
3,135
3,122
3,111
5,141
5,122
5,092
5,088
4,735
4,733
4,695
4,683
2,335
2,320
2,302
|2,294
2,400
2,413
2,393
2,389
838
831
819
800
204
198
192
187
919
866
833
803
6,633
6,577
6,473
6,403
5,079
5,054
5,039
5,015
157
141
135
127
1,630
1,560
1,520
1,467
423
424
442
452
13,185
13,147
13,128
___ 13,062
8,471
8,424
8,402
8,359
3,396
3,380
3,362
3,346
37
53
49
44
260
254
250
253
3,099
3,073
3,063
3,049
5,075
5,044
5,040
5,013
4,714
4,723
4,726
4,703
2,332
2,333
2,344
2,329
2,382
2,390
2,382
2,374
806
796
798
793
177
185
177
184
813
799
784
774
6,357
6,346
6,332
6,308
4,993
4,967
4,957
4,943
204
171
148
120
1,521
1,486
1,486
1,458
457
457
473
458
Total
loans
and
investments
Date or month
1932
Jan. 6
Jan. 13
Jan. 20
Jan. 27.
Feb. 3
Feb. 10
Feb. 17
Feb. 24
In millions of dollars]
___
On securities
Mar. 2
Mar. 9
Mar. 16..__
Mar. 23
Mar. 30. _ _ _ _ _ _ _ _ _ _ _
12,983
12,884
12,971
12,917
12,813
8,319
8,262
8,240
8,206
8,137
3,331
3,329
3,347
3,328
3,285
38
58
99
98
64
247
245
248
245
244
3,046
3,026
3,000
2,985
2,977
4,988
4,933
4,893
4,878
4,852
4,664
4,622
4,731
4,711
4,676
2,297
2,267
2,373
2,350
2,310
2,367
2,355
2,358
2,361
2,366
792
805
804
787
770
166
170
164
170
172
816
795
887
844
879
6,276
6,269
6,253
6,177
6,127
4, -956
4,958
4,936
4,922
4,922
85
58
294
271
259
1,510
1,504
1,535
1,491
1,498
459
397
328
334
305
Apr.
Apr.
Apr.
Apr.
12,718
12,638
12,551
12,508
8,068
8,026
7,961
7,924
3,243
3,215
3,181
3,174
56
55
41
38
239
233
228
234
2,948
2,927
2,912
2,902
4,825
4,811
4,780
4,750
4,650
4,612
4,590
4,584
2,286
2,269
2,231
2,232
2,364
2,343
2,359
2,352
775
792
805
825
946
161
166 ,001
160 1,022
167 1,094
6,085
6J10
6,107
0,104
4,896
4,874
4,884
4,906
229
200
130
110
1,566
1,561
1,573
1,583
313
314
255
225
May 4
May 11 _ May 18
,
May 25 .
12,550
12,467
12,433
12,411
7,879
7,827
7,782
7,763
3,155
3,132
3,110
3,100
35
29
25
23
234
226
216
218
2,886
2,877
2,869
2,859
4,724
4,695
4,672
4,663
4,671
4,640
4,651
4,648
2,343
2,318
!2,334
2,303
2,328
2,322
2,317
2,345
848
861
868
854
162
168
164
166
1,178
1,168
1,165
1,148
6,011
6,052
6,042
6,025
4,932
4,933
4,908
4,907
300
230
200
170
1,679
1,654
1,658
1,626
205
175
180
178
June !„_
June 8
June 15
June 22
June 29
12,381
12,282
12,442
12,357
12,220
7,756
7,694
7,691
7,652
7,610
3,092
3,061
3,069
3,058
3,049
21
19
20
18
10
215
209
221
208
218
2,856
2,833
2,828
2,832
2,821
4,664
4,633
4,622
4,594
4,561
4,625
4,588
4,751
4,705
4,610
2,255
2,288
2,460
2,417
2,333
2,370
2,300
2,291
2,288
2,277
877
898
895
849
888
162
164
165
173
195
1,127
1,137
1,170
LLU
1,088
6,037
6,024
6,106
6,028
5,991
4,897
4,865
4,843
4,813
4,786
153 1,640
74 ,645
291 ,654
251 ,606
217 ,560
197
207
198
189
167
July 6__ _ „ _ _ — _ _ .
July 13
July 20
July 27
12,112
12,087
12,048
12,017
7,552
7,543
7,529
7,500
2,985
2,976
2,970
2,957
8
7
6
5
206
203
199
198
2,771
2,766
2,765
2,754
4,567
4,567
4,559
4,543
4,560
4,544
4,519
4,517
2,309
2,292
2,268
2,266
2,251
2,252
2,251
2,251
822
830
828
849
186
187
186
174
1,098
1,114
1,092
1,073
5,914
5,963
5,878
5,860
4,780
4,761
4,763
4,788
130
85
59
45
,585
,551
,535
,496
197
207
229
214
12,140
12,107
_ _ „ 12,079
12,026
11,996
7,495
7,465
7,427
7,374
7,345
2,962
2,939
2,923
2,899
2,880
5
7
6
5
6
209
197
198
195
195
2,749
2,736
2,720
2,700
2,679
4,533
4,526
4,504
4,475
4,465
4,645
4,642
4,652
4,652
4,651
2,401
2,417
2,426
2,424
2,419
2,244
2,225
2,226
2,228
2,232
838
836
844
836
844
165 1,127
169 1,152
164 ,197
168 ,199
166 ,214
5,831
5,842
5,862
5,837
5,858
4,810
4,818
4,806
4,805
4,804
199
168
140
125
102
,571
,564
,587
,561
,551
188
163
162
150
158
11,989
11,957
12,134
12,106
7,334
7,273
7,261
7,227
2,873
2,861
2,849
2,'838
7
7
8
8
194
199
195
192
2,672
2,655
2,646
2,638
4,461
4,412
4,412
4,389
,655
,684
,873
,879
2,426
2,451
2,637
2,639
2,229
2,233
2,236
2,240
867
853
843
870
167
174
162
168
,276
,393
,361
,375
5,869
5,937
5,882
5,933
,802
,794
,803
,811
83
83
335
335
,642
,697
,706
,721
153
148
113
101
Oct. 5 _ _ _ _ Oct. 12
Oct. 19
Oct. 26
12,103
12,075
12,132
12,136
7,212
7,184
7,157
7,132
2,812
2,813
2,794
.2,783
8
8
8
7
188
194
196
190
2,616
2,611
2,590
2,586
4,400 ,891
4,371 ,891
4,363 ,975
4,349 5,004
2,653
2,642
2,726
2,750
2,238
2,249
2,249
2,254
882
886
912
920
159
168
167
166
,456
,487
,508
,474
5,931
5,944
5,976
5,994
,801
,793
,805
,812
326
304
333
313
,844
,818
,823
,804
107
107
94
103
Nov.
Nov.
Nov.
Nov.
Nov.
12,028
11,982
11,921
11,876
11,833
7,037
7,005
6,962
6,932
6,915
2,735
2,725
2,694
2,690
2,690
7
7
7
7
7
176
173
168
168
170
2,552
2,545
2,519
2,515
2,513
,302
,280
,268
,242
,225
4,991
4,977
4,959
4,944
4,918
2,750
2,736
2,727
2,714
2,688
2,241
2,241
2,232
2,230
2,230
923
938
931
927
938
155
176
163
169
167
,502
,536
,590
,545
,549
5,995
6,029
6,026
5,964
5,977
4,808
4,797
4,784
4,778
4,775
298
270
261
248
237
,838
,875
,891
,828
,810
105
99
98
95
97
11,781
11,787
1U819
11.784
6,891
6,899
6,882
6,847
2,682
2,703
2,711
2,703
6
23
22
21
168
171
176
179
2,508
2,509
2,513
2,503
,209
,196
,171
,144
4,890
4,888
4,937
4,937
2,680
2,686
2,734
2,726
2,210
2,202
2,203
2,211
960
937
948
946
173 ,560
185 ,629
190 ,604
189 1,629
5,946
6,022
6,053
6,030
4,749
4,755
4,756
4,773
208
195
250
236
,864
,863
,859
,847
89
79
64
67
13,257
13,130
12,913
12,604
12,465
12,336
12,066
12,070
12,047
12,112
11,928
11,793
8,546
8,413
8,232
7,994
7,813
7,680
7,531
7,421
7,274
7,172
6,971
6,880
3,435
3,370
3,323
3,203
3,124
3,066
2,972
2,921
2,855
2,801
2,707
2,700
35
45
72
47
28
18
7
6
7
8
7
18
269
254
245
234
224
214
201
199
195
192
171
173
3,131
3,071
3,006
2,922
2,872
2,834
2,764
2,716
2,653
2,601
2,529
2,509
5,111
5,043
4,909
4,791
4,689
4,614
4,559
4,500
4,419
4,371
4,264
4,180
4,711
4,717
4.681
4,610
4,652
4,656
4,535
4,649
4,773
4,940
4,957
4,913
2,312
2,335
2,319
2,255
12,324
'2,351
2,284
2,418
2,539
2,693
2,723
2,707
2,399
2,382
2,362
2,355
2,328
2,305
2,251
2,231
2,234
2,247
2,234
2,206
822*
798
791
800
857
882
832
839
859
900
932
947
196
181
169
163
165
172
183
166
168
166
166
184
856
792
845
1,015
1,165
1,135
1,095
1,178
1,351
1,481
1,545
1,605
6,521
6,336
6,221
6,102
6,032
6,037
5,904
5,846
5,905
5,961
5,998
6,013
5,046
4,965
4,939
4,890
4,920
4,840
4,773
4,809
4,803
4,802
4,788
4,758
140
161
193
167
225
198
80
147
209
319
263
222
,544
,488
,507
1,571
1,654
1 621
1,541
1,566
1,691
1,822
1,848
1,859
435
461
365
277
185
191
212
164
128
103
99
75
6
13
20
27
Aug.
Aug.
Aug.
Aug.
Aug.
3
10
17
24
31.
Sept.
Sept.
Sept.
Sept.
7 __
14. _ _ _ _ _ _ _ _ _ _ _
21____
28.-
2
9
16
23
30
Dec. 7
Dec. 14
Dec. 21
Dec. 28
_
Monthly averages:
January,
February
March
_ _ . „_
April
May
June
July
A ugust
September
October
November
December
BANKING AND MONETARY STATISTICS
210
NO. 50-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, ISIMMI-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
loans
and
investments
Date or month
Jan. 4
Jan. 11
Jan. 18
Jan 25
1933
On securities
Total
Total
To brokers
and dealers
OutIn
side
N.Y. N.Y.
City City
BorRerowserves
BalNet
U.S.
ings
with Cash ances
de- Time Gov- Inter- at
U.S.
in
with mand deGovFedern- bank Federn- Other eral vault do-,
All
de- posits ment deeral
meatio posits
de- posits ReTo other Total ment secu- Redirect rities serve
banks
others
posits
serve
Banks
obligaBanka
tions
11,676
11,618
11,569
11,487
6,781
6,730
6,707
6.642
2,687
2,657
2,654
2,611
26
25
28
8
178
171
176
156
2,483
2,461
2,450
2,447
4,094
4,077
4,053
4,031
4,895
4,884
4,862
4,845
2,703
2,702
2,682
2,652
998
2,192
990
2,182
994
2.180
2,193 1,053
179
176
171
175
1,656
1,734
1,751
i,755
6,090
6,060
6,062
6,065
4,812
4,807
4,788
4,785
199
174
164
150
1,928
1,946
1,949
1,908
61
58
59
76
11,503
11,500
, 11,493
11,448
6,645
6,623
6,611
6,591
2,616
2,598
2,592
2,578
•7
9
6
8
166
157
161
152
2,443
2,432
2,425
2,418
4,029
4,025
4,019
4,013
4,858
4,877
4,882
4,857
2,653
2,676
2,684
2,663
2,205
2,201
2,198
2,194
1,027
1,053
1,019
1,032
159
175
207
235
1,754
1,659
1,490
1,215
6,037
5,982
6,007
5,906
4,789
4,777
4,761
4,696
186
153
119
94
1,903
1,903
1,800
1,602
81
70
100
130
Feb
Feb.
Feb.
Feb.
1
8
15. ...^
24
Mar.
Mar
Mar.
Mar.
Mar.
1
8
15
22
29
11.311
9,902
10,083
10,133
10,154
6,548
5,571
5,613
5,626
5,596
2,594
2,227
2,223
2,235
2,224
5
5
7
12
17
174
160
144
156
144
2,415
2,062
2,072
2,067
2,063
3,954
3,344
3,390
3,391
3,372
4,763
4,331
4,470
4,507
4,558
2,570
2,361
2,450
2,494
2,541
2,193
1,970
2,020
2,013
2,017
916
707
812
775
768
297
443
413
252
228
804
554
716
886
908
5,622
4,984
5,178
5,206
5,188
4,512
3,815
3,896
3,904
3,915
56
32
125
127
126
1,301
1,082
1,077
1,300
1,269
305
456
382
236
208
Apr.
Apr.
Apr.
Apr.
6
12 , .
19
26 .....
10,120
10,070
10,073
10,159
5,575
5,542
5^526
5,585
2,200
2,186
2,180
2,197
14
11
11
11
142
139
141
141
2,044
2,036
2,028
2,045
3,375
3,356
3,346
3,388
4,545
4,528
4,547
4,574
2,534
2,539
2,561
2,587
2,011
1,989
1,986
1,987
747
778
779
767
197
195
187
205
1,012
1,104
1,155
1,219
5,189
5,217
5,254
5,370
3,911
3,916
3,917
3.936
128
128
78
57
1,360
1,383
1,422
1,475
168
153
147
148
May 3
May 10
May 17
May 24
May 31
10,280
10,276
10,248
10,315
10.251
6,581
5,567
5,531
5,534
5,525
2,193
2,175
2,154
2,149
2,143
10
10
12
13
11
150
131
125
127
123
2,033
2,034
2,017
2,009
2,009
3,388
3,392
3,377
3,385
3,382
4,699
4,709
4,717
4,781
4,726
2,743
2,740
2,752
2,788
2,717
1,956
1,969
1,965
1,993
2,009
789
794
787
786
811
190
188
176
176
177
1,193
1,256
1,324
1,326
1,364
5,373
5,418
5,463
5,459
5,508
3,942
3,945
3,934
3,968
3,966
151
125
119
122
119
1,546
1,553
1,562
1,557
1,558
170
118
119
109
102
June 7
June 14
June 21
June 28
10,278
10,303
10,582
10,582
5,521
5,515
5,530
5,545
2,129
2,123
2,130
2,140
11
18
34
43
124
122
121
123
1,994
1,983
1,975
1,974
3,392
3,392
3,400
3,405
4,757
4,788
5,052
5,037
2,771
2,801
3,058
3,055
1,986
1,987
1,994
1,982
839
864
895
978
170
173
166
173
1,469
1,564
1,371
1,305
5,566
5,705
5,674
5.702
3,960
3,946
3,965
4,052
99
86
372
372
1,677
1,714
1,649
1,616 j
85
72
58
32
JulyS
July 12
July 19
July 26
10,587
10,639
. 10,755
10,804
5,573
5,646
5,701
5,711
2,148
2,173
2,195
2,205
56
90
117
114
125- ' 1,967
128 1,955
126 1,952
129 1,962
3,425
3,473
3,506
3,506
5,014
4,993
5,054
5,093
3,036
3,014
3,045
3,071
1,978
1,979
2,009
2,022
975
971
988
981
179
177
168
169
,324
,282
,202
,121
5,679
5,705
5,765
5,772
4,109
4,141
4,153
4,159
357
345
345
334
1,703
1,662
1,645
1,581
31
21
22
28
Aug. 2
Aug. 9
Aug. 16 „
Aug. 23
Aug. 30
10,699
10,678
10,869
10,820
, 10,794
5,690
5,688
5,698
5,673
5,668
2,200
2,195
2,201
2,179
2,171
116
117
112
106
103
125
123
128
124
125
1,959
1,955
1,961,
1,949
1,943
3,490
3,493
3,497
3,494
3,497
5,009
4,990
5,171
5,147
5,126
2,996
2,982
3,160
3,139
3,115
2,013 1,006
2,008 ,034
2,011 ,036
2,008 ,015
2,011 ,029
159 1,124
168 ,138
163 ,141
169 ,150
178 ,161
5,682
5,669
5,682
5.620
5,625
4,172
4,183
4,190
4,193
4,186
333
333
537
524
519
1,561
1,557
1,508
1,463
1,441
31
28
38
29
30
Sept, 6
Sept. 13
Sept. 20
Sept. 27...
10,770
10,742
10,770
10,750
5,654
5,669
5,711
5,722
2,151
2,147
2,158
2,156
90
85
96
100
121
124
125
126
1,940
1,938
1,937
1,930
3,503
3,522
3,553
3,566
5,116
5,07§
5,059
5,028
3,107
3,064
3,046
3,031
2,009
2,009
2,013
1,997
,177
,257
,226
,202
5,630
5,736
5,717
5,730
4,171
4,157
4,172
4,167
518
518
518
516
1,500
1,516
1,528
1,520
27
22
20
22
Oct.
Oct.
Oct.
Oct.
10,748
10,734
10,734
10,722
5,732
5,717
5,719
5,697
2,155
2,161
2,168
2,152
105
113
120
106
125
124
125
130
1,925
1,924
1,923
1,916
3,577
3,556
3,551
3,545
5,016
5,017
5,015
5,025
3,024
3,030
3,026
3,036
1,992 ,126
1,987 ,165
1,989 ,178
1,989 1,181 !
180 ,214
193 , ,219
190 ,266
189 ,235
5,722
5,784
5,845
5,848
4,152
4,147
4,154
4,155
516
516
466
432
1,603
i 1,583
! 1,638
1,599
20
23
20
22
,257
,180
,233
,205
,172
5,841
5,835
5,934
5,944
5,962
4,150
4,162
4,143
4,121
4,104
601
597
572
547
488
1,606
1,618
1,695
1,670
1,630
24
21
22
23
28
216 ,157
227 j ,214
236 ,185
237 ,215
5,958
6,067
6,048
6,126
4,082
4,083
4,094
4,097
469
438
516
479
1,693
1,701
1,705
1,713
27
27
25
24
172 1,932
175 ,724 6,070 4,798
138 1,803
193 ,530 5,983 4,756
93 1,202
326
774 5,237 4,008
98 1.410
196 ,122 5,257 3,920
3,951 j 127 1,555
181 ! ,292 5,445
170 ,428 ! 5,662 3,981 ! 232 1,664
173 ,232 5,730 4,141 | 346 1,648
450 1,505
168 ,143 5,655 4,185
516 1,516
176 ,216 ! 5,703 4,168
483 1,606
188 ,234 5,800 4,151
561 1,644
197 ,210 5,904 4,135
476 1,703
228 ,193 6,050 4,089
64
95
317
154
124
62
25
31
23
21
24
26
4
11
18
25
,041
,084
,107
,155
Nov.
Nov.
Nov.
Nov.
Nov.
1
8
15
22
29..
10,873
10,887
10,864
10,843
10,807
5,701
5,698
5.690
5,689
5,648
2,142
2,137
2,132
2,127
2,115
100
104
108
103
97
131
129
123
126
125
1,911
1,904
1,901
1,898
1,893
3,559
3,561
3,558
3,562
3,533
5,172
5,189
5,174
5,154
5,159
3,187
3,213
3,201
3,181
3,190
1,985
1,976
1,973
1,973
1,969
Deo.
Dec.
Deo.
Dec.
6...13
20
27
10,817
10,824
10,950
10,894
5,652
5,650
5,626
5,548
2,125
2,134
2,135
2.109
108
121
122
122
122
122
122
118
1,895
1,891
1,891
1,869
3,527
3,516
3,491
3,439
5,165
5,174
5,324
5,346
3,199
3,207
3,360
3,349
1,966 1,213
1,967 1,228
1,964 ,214
1,997 1,246
11,588
11,486
10,317
10,106
10,275
10,436
10,695
10,772
10,758
10,734
10,855
10,872
6,W6
6,618
5,791
5,557
5,548
5,528
5,657'
5,683
5,689
5,716
5.686
5,620
2,653
2,596
2,301
2,191
2,162
2,131
2.180
2,189
2,153
2,158
2,131
2,126
22
8
9
12
11
26
94
110
93
111
102
119
171
159
156
141
131
123
127
125
124
126
127
121
2,460
2,429
2,136
2,038
2,020
1,982
1,959
1,954
1,936
1,921
1,902
1,886
4,063
4,022
3,490
3,366
3,386
3,397
3,477
3,494
3,536
3,558
3,555
3,494
4,872
4,868
4,526
4,549
4,727
4,908
5,038
5,089
5,069
5,018
5,169
5,252
2,685
2,669
2,483
2,556
2,748
2,921
3,041
3,079
3,062
3,029
3,195
3,278
2,187
2,199
2,043
1,993
1,979
1,987
1,997
2,010
2,007
1,989
1,974
1,974
Monthly averages:
January.
February
March
April
May
June
July
A ugust
September
October..
November
December
1,143
1,186
1,208
1,242
1,213
,008
1,033
796
768
793
894
979
1,024
1,096
1,162
,199
,225
173
176
170
185
182
202
195
206
200 i
211
REPORTING MEMBER BANKS
NO. 50-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITYPRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-WI-Continued
[Wednesday figures. In millions of dollars]
Investments
Loans
Total
BorrowReings
U.S.
Bal- Net
serves
with Cash ances de- Time Gov- Inter- at
U.S.
in
Fedwith mand de- ern- bank FedGovde- posits ment de- eral
ern- Other eral vault doTo brokers
All
de- posits Remestic posits
and dealers
To other Total .ment secu- Reposits
banks
Total
serve
direct rities serve
others
Banks
obligaOutBanks
tions
In
aide
N.Y. N.Y.
City City
10,874
10,849
10,866
10,826
11.172
5,501
5,471
5,466
5,424
5,404
2,080
2,076
2,067
2,051
2,057
126
131
137
134
144
108
102
98
100
106
1,846
1,843
1,832
1,817
1,807
3,421
3,395
3,399
3,373
3,347
5,373
5,378
5,400
5,402
5,768
3,355
3,387
3,390
3,398
3,763
2,018 1,234
1,991 1,229
2,010 ,257
2,004 ,267
2,005 ,236
227
230
215
214
199
1,270
1,232
1,292
1,337
1,335
6,164
6,221
6,299
6,284
6,306
4,108
4,107
4,118
4,132
4,129
412
328
263
209
548
1,799
1,775
1,834
1,870
1,853
26
22
21
20
13
Feb. 7
Feb. 14
Feb. 21
Feb. 28
11,159
11,224
11,486
11,476
5,398
5,389
5,385
5,366
2,056
2,052
2,058
2,046
143
145
148
143
105
103
109
108
1,808
1,804
1,801
1,795
3,342
3,337
3,327
3,320
5,761
5,835
6,101
6,110
3,7$6
3,837
4,095
4,106
1,995
1,998
2,006
2,004
,278
,321
,274
,301
210
217
209
206
1,352
1,447
1,400
1,446
6,329
6,521
6,425
6,458
4.131
4.109
4,160
4,161
547
550
791
796
1,975
2,041
1,985
2,005
12
10
11
12
Mar.
Mar.
Mar.
Mar.
11,432
11,373
11,400
11.344
5,368
5,384
5,382
5,377
2,039
2,052
2,058
2,041
144
146
145
145
106
119
132
115
1,789
1,787
1,781
1,781
3,329
3,332
3,324
3,336
6,064
5,989
6,018
5,967
4,050
3,962
3,989
3,932
2,014
2,027
2,029
2,035
,415
,536
,491
,459
215
218
211
225
1,479
1,585
1,605
1,582
6,480
6,599
6,548
6,570
4,173
4,184
4,199
4,191
796
796
795
732
2,075
2,128
2,135
2,124
10
10
9
9
11,249
.. . 11,231
11,313
11,364
5,371
5,388
5,382
5,347
2,042
2,047
2,043
2,022
149
162
169
162
117
130
126
133
1,776
1,755
1,748
1,727
3,329
3;341
3,339
3,325
5,878
5,843
5,931
6,017
3,855
3,813
3,877
3,962
2,023
2,030
2,054
2,055
,487
,637
,641
,623
223
228
225
227
1,635
1,661
1,658
1,665
6,575
6,756
6,832
6,865
4,178
4,198
4,227
4,265
697
667
630
595
2,181
2,196
2,227
2,205
8
7
6
7
2
9
16
23
30
11,354
11,303
11,311
11,296
11,304
5,338
5,326
5,326
5,302
5,309
2,023
2,012
2,016
1,999
2,004
167
167
167
164
165
132
130
126
120
120
1,724
1,715
1,723
1,715
1,719
3,315
3,314
3,310
3,303
3,305
6,016
5,977
5,985
5,994
5,995
3,958
3,923
3,919
3,913
3,894
2,058
2,054
2,066
2,081
2,101
,584
,631
,642
,657
,647
215
227
219
224
228
1,618
1,651
1,687
1,668
1,640
6,881
6,851
6,941
6,930
6,971
4,263
4,280
4,284
4,273
4,265
528
515
496
495
472
2,239
2.252
2,261
2,224
2.192
6
6
5
6
8
June 6
June 13
June 20
June 27
11,309
11,277
11,564
11,598
5,302
5,289
5,278
5,262
2,002
2,001
2,002
1,990
164
170
164
166
125
123
134
132
1,713
1,708
1,704
1,692
3,300
3,288
3,276
3,272
6,007
5,988
6,286
6,336
3,899
3,853
4,170
4,213
2,108
2,135
2,116
2,123
,675
,711
,662
,685
225 1,676
231 1,722
220 ,668
229 ,673
6,973
7,082
6,963
6,988
4,251
4,262
4.296
4,317
472
452
707
7U
2,265
2,283
2,211
2,219
5
5
July 4
July 11
July 18
July 25
11,615
11,622
11,667
„. 11,688
5,247
5,240
5,246
5,237
,979
,972
,974
,971
166
171
182
179
136
130
124
121
1,677
1,671
1,668
1,671
3,268
3,268
3,272
3,266
6,368
6,382
6,421
6,451
4,240
4,239
4,262
4,268
2,128
2,143
2,159
2,183
,693
,768
,791
,819
217
231
220
220
,715
,772
,779
,741
7,086
7,166
7,189
7.227
4,314
4,332
4,346
4,341
711
710
710
680
2,356
2,391
2,407
2,381
10
6
6
5
Aug. 1
Aug. 8
Aug. 15
Aug. 22
Aug. 29
11,767
11,778
11,815
11,838
11,822
5,255
5,266
5,272
5,273
5,260
,953
,949
,939
,932
,925
166
167
156
160
162
117
115
119
116
117
1,670
1,667
1,664
1,656
1,646
3,302
3,317
3,333
3,341
3,335
6,512
6,512
6,543
6,565
6,562
4,298
4,296
4,303
4,300
4,292
2,214
2,216
2,240
2,265
2,270
,721
,778
,767
,759
,787
205
218
213
218
227
,672
,643
,685
,644
,656
7,214
7,251
7,322
7,296
7,350
4,327
4,334
4,357
4,369
4,371
681
681
658
648
628
2,335
2,351
2,397
2,367
2,345
5
5
5
5
5
Monthly averages:
January
February .
March
April
May
June
July
August
10,918
11,336
11,388
11,290
11,315
11,437
11,647
11,804
5,453
5,384
5,378
5,373
5,321
5,283
5,242
5,265
2,067
134
2,053
145
2,048
146
2,039
161
2,011 i 166
1,999
166
1,974
175
1,939
163
104
106
118
127
125
128
127
116
1,829
1,802
1,784
1,751
1,720
1,705
1,672
1,660
3,386
3,331
3,330
3,334
3,310
3,284
3,268
3,326
5,465
5,952
6,010
5,917
5,994
6,154
6,405
6,539
3,459
3,952
3,984
3,877
3,922
4,033
4,252
4,298
2,006 ,245
2,000 ,293
2,026 ,475
2,040 ,596
2,072 ,632
2,121 ,684
2,153 ,768
2,241 1,763
217
,293
211 ,412
217 ,563
226 ,655
223 ,653
227 ,685
222 1,752
216 1,660
6,255
6,433
6,550
6,757
6,914
7,002
7,168
7,287
4,118
4,141
4,186
4,217
4,272
4,281
4,333
4,351
352
671
780
647
501
586
703
659
1,826
2,002
2,116
2,202
2,234
2,244
2.383
2,359
20
11
9
7
6
5
6
6
Total
loans
and
investments
Date or month
Jan. 3
Jan 10
Jan. 17
Jan, 24
Jan. 31
19341
.. .
7
14
21
28
Apr. 4
Apr. 11
Apr. 18
Apr. 25 .
May
May
May
May
May
1
On securities
Report form changed on September 5, 1934; see next two pages for remainder of 1934.
a
6
BANKING AND MONETARY STATISTICS
212
NO. 50-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITY[Wednesday figures. In millions of dollars]
Loans
Date or month
Total
loana
and
investments
Total
To
brokers To
and
others
dealers
on
in
secusecu- rities
rities
Investments
U. S. Government
obligations
Other
Open
To marReal
loana
estate
to
banks ket
custompaper
era
Total
Total
Direct
Guaranteed
Reserves Cash
with
in
Other Federal vault
secu- Reserve
rities Banks
Balances
with
domestic
banks
1934
11,784
Sept 5
Sept. 12, . _ , -_ 11,828
Sept 19
11,896
11,921
Sept. 26
5,249
5,236
5,244
5,243
283
268
262
254
1,560
1,543
1,548
1,542
1,016
1,014
,011
,012
2,113
2,123
2,142
2,146
58
66
55
57
219
222
226
232
6,535
6,592
6,652
6,678
4,570
4,623
4,679
4,697
4,227
4,278
4,333
4,350
343
'345
•346
1347
il,965
'1,969
'1,973
'1,981
1,736
1,760
1,691
1,686
220
238
239
247
1,592
1,617
1,614
L610
Oct. 3 _ . . .. ,
Oct. 1 0 _ _ _ _ _ . .
Oct 17
.„
Oct. 2 4 _ _ _ . _ _ _ _ _ . _ _ .
Get 31 -
11,949
11,947
11,957
11,956
11,948
5,244
5,245
5,245
5,223
5,210
250
252
252
246
255
1,531
1,535
1,529
1,528
1,514
,012
,013
,015
,013
,015
2,149
2,153
2,158
2,143
2,138
62
54
52
53
56
240
238
239
240
232
6,705
6,702
6,712
6,733
6,738
4,622
4,626
4,635
4,655
4,712
4,375
4,380
4,382
4,385
4,381
247
246
253
270
331
2,083
2,076
2,077
2,078
2,026
1,637
1,697
1,733
1,748
1,726
238
253
247
251
244
1,610
1,649
1,688
1,658
1,676
Nov.
Nov.
Nov
Nov.
7
14___.,
21
28.
11,945
11,962
11,924
11,924
5,184
5,176
5,158
5,157
259
259
256
261
1,504
1,505
1,501
1,498 '
,014
,012
,009
,007
2,118
2,109
2,094
2,098 .
55
51
50
53
234
240
248
240
6,761
6,786
6,766
6,767
4,736
4,763
4,745
4,757
4,398
4,431
4,409
4,424
338
332
336
333
2,025
2,023
2,021
2,010
1,796
1,808
1,802
1,807
258
264
252
255
1,667
1,733
1,720
1,680
Dec
Dee.
Dec
Dec.
5
12
19
26 . _ _ . _ „
11,914
11,914
12,220
12,209
5,158
5,147
5,140
5,118
264
279
279
280
1,502
1,494
1,494
1,490
,007
,006
,006
,005
2,096
2,080
2,070
2,065
51
54
60
51
238
234
231
227
6,756
6,767
7,080
7,091
4,743
4,751
5,053
5,046
4,403
4,407
4,702
4,690
340
344
351
356
2,013
2,016
2,027
2,045
1,843
1,847
1,750
1,696
255
278
282
297
1,747
1,816
1,823
1,792
11,857
11,951
11,939
12,064
5,243
5,233
5,169
5,141
266
251
259
276
1,549
1,527
1,502
1,495
,014
,013
,010
,006
2,131
2,148
2,105
2,078
59
56
53
54
224
238
240
232
6,614
6,718
6,770
6,923
4,643
4,650
4,751
4,897
4,298
4,381
4,416
4,550
345
269
335
347
1,971
2,068
2,019
2,026
1,718
1,708
1,803
1,784
236
247
257
278
1,609
1,656
1,700
1,795
Monthly averages:
September
October^
_
November
December _._ .
1
]
Securities guaranteed by U. S. Government as to interest only are included with fully guaranteed obligations.
REPORTING MEMBER BANKS
213
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Total
assets
IndividInterbank
Certiuals,
fied
Total
Demand corpoU.S.
except
deposits rations, and
interofficers' Governetc.,
adjusted
Do- Foreign bank
States checks, ment
Total
and
mestic
etc.
liabilities
political
subdivisions
Interbank
Cash
items
in
process
of
collection
1934
Sept, 5
Sept. 12
..
Sept. 19
Sept. 26
..
„
..
Oct. 3
Oct. 10
Oct. 17
Oct. 24
Oct. 31
489
525
499
479
864
879
871
881
16,685
16,847
16,810
16,824
6,203
6,319
6,328
6,370
6,550
6,716
6,685
6,724
142
128
142
125
570
574
573
574
2,397
2,392
2,396
2,376
18
19
17
17
4,235
4,235
4,221
4,219
120
121
116
118
1
1
1
1
10
10
11
10
593
600
600
610
2,049
2,051
2,048
2,050
533
492
590
476
516
Date or month
Other
assets
884
890
876
871
892
16,851
16,928
17,091
16,960
17,002
6,320
6,426
6,497
6,517
6,526
6,712
6,776
6,941
6,855
6,901
141
142
146
138
141
576
577
487
442
440
2,426
2,429
2,504
2,470
2,460
16
16
17
18'
19
4,208
4,207
4,210
4,228
4,231 ,
119
121
121
120
120
1
1
1
1
1
1
2
1
2
598
606
608
628
630
2,053
2,053
2,054
2,059
2,057
Do- Foreign
mestic
Borrow, Other Capita]
acings liabilities counts
7
14
21
28
...
„
553
627
511
525
891
897
900
912
17,110
17,291
17,109
17,103
6,529
6,611
6,648
6,713
6,931
7,090
7,018
7,085
151
148
141
153
441 ' 2,535
420
2,589
400
2,518
382
2,471
18
17
18
17
4,224
4,214
4,198
4,178.
119
121
121
118
1
1
1
1
4
1
2
3
625
632
635
645
2,061
2,058
2,057
2,050
Dec. 5
Dec. 12
Dec. 19
Dec. 26
__
...
489
548
547
520
920
927
915
918
17,168
17,330
17,537
17,432
6,751
6,799
6,763
6,693
7,064
7,191
7,145
7,067
176
156
165
146
400
399
702
702
2,541
2,564
2,527
2,515
19
20
18
19
4,147
4,152
4,177
4,186
119
120
122
120
1
1
1
2
2
2
2
646
670
627
630
2,053
2,055
2,051
2,045
Monthly averages:
September,
October
November.,
December .
498
521
554
526
874
883
901
920
16,792
16,966
17,154
17,367
6,305
6,457
6,625
6,752
6,669
6,837
7,031
7,117
134
141
147
161
573
505
411
551
2,390
2,458
2,529
2,537
18
17
18
19
4,227
4,217
4,203
4,165
119
120
120
120
1
1
1
1
11
1
2
2
600
614
635
643
2,050
2,055
2,057
2,051
Nov.
Nov.
Nov.
Nov.
BANKING AND MONETARY STATISTICS
214
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITY—
[Wednesday figures. In millions of dollars]
Loans
Total
loans
.and
investments
Date or month
Total
To
brokers To
and
others
on
dealers
secuin
rities
securities
Investments
Other
Open
loans
marTo
Real
banks ket
estate
to
paper
customera
U. S. Government
obligations
Total
Total
Direct
Guaranteed
Other
securities
Reserves Caah
with
in
Federal vault
Eleaerve
Banks
Balances
with
domestic
banlca
1935
Jan. 2..
Jan. 9
Jan. 16 ,
Jan. 23
Jan. 30
12,136
. 12,093
12,033
12,049
„ 12,082
5,111
5,086
5,065
5,041
5,043
281
280
286
276
277
1,486
1,467
1;453
1,453
1,449
1,006
1,004
1,004
1,001
998
2,054
2,055
2,046
2,035
2,047
61
62
61
60
58
223
218
215
216
214
7,025
7,007
6,968
7,008
7,039
5,036
5,027
4,992
5,030
5,052
4,668
4,649
4,600
4,629
4,660
368
378
392
401
392
1,989
1,980
1,976
1,978
1,987
1,717
1,861 i
1,953
1,942
1,903
271
266
249
251
254
1,890
1,840
1,936
1,899
1,913
Feb. 6
Feb. 13
Feb. 20
Feb. 27,
. 12,107
12,125
12,179
12,180
5,048
5,044
5,054
5,069
271
272
274
274
1,446
1,444
1,437
1,429
996
997
996
992
2,066
2,061
2,076
2,100
59
59
57
57
210
211
214
217
7,059
7,081
7,125
7,111
5,069
5,081
5,140
5,129
4,673
4,660
4,705
4,683
396
421
435
446
1,990
2,000
1,985
1,982
1,867
1,867
1,850
1,870
249
262
257
260
10930
1 1184
1,997
2,007
12,180
. 12,195
12,231
..... 12,182
5,008
5,088
5,092
5,094
302
299
291
298
1,436
1,435
1,436
1,431
989
990
990
992
2,103
2,100
2,105
2,107
55
53
56
54
213
211
214
212
7,082
7,107
7,139
7,088
5,121
5,128
5,157
5,104
4,655
4,655
4,685
4,628
486 1,961 i 1,868
473 i 1,979 1,899 i
472 1,982 1,772
476 1,984 1,715
. 12,132
12,187
12,187
12,147
5,080
5,074
4,997
4,943
286
291
219
177
1,423
1,415
1,412
1,407
992
991
989
990
2,113
2,110
2,120
2,112
53
54
52
52
213
213
205
205
7,052
7,113
7,190
7,204
5,061
5,106
5,160
5,172
4,568
4,592
4,644
4,649
493
514
516
523
1,991
2,007
2,030
2,032
1,698
1,753 i
1,903
2,023
247
262
257
265
1,864
1,838
1,928
1,975
.. . 12,129
12,178
... ., 12,136
12,119
12,097
4,954
4,925
4,917
4,891
4,918
183
170
155
150
154
1,401
1,387
1,393
1,391
1,385
990
990
990
988
1,030
2,128
2,124
2,122
2,109
2,103
52
54
55
55
54
200
200
202
198
192
7,175
7,253
7,219
7,228
7,179
5,132
5,196
5,172
5,176
5,097
4,612
4,674
4,650
4,645
4,553
520
622
522
531
544
2,043
2,057
2,047
2,052
2,082
2,042
2,088
2,089
2,110
2,073
246
257
254
262
265
2,025
1,923
2,008
1,974
1,928
, 12.127
12,160
12,222
. 12,227
4,915
4,935
4,914
4,896
146
155
153
151
1,388
1,389
1,382
1,378
1,027
1,025
1,022
1,023
2,107
2,128
2,120
2,115
56
54
53
50
191
184
184
179
7,212
7,225
7,308
7,331
5,200
5,204
5,273
5,294
4,582
4,579
4,635
4,646
618
625
638
648
2,012
2,021
2,035
2,037 j
2,098
2,159
2,154
2.187
264
277
273
282
1,900
1,975
1,932
1,949
12,110
July 3.
12,118
July 10
July 17,
...... 12,284
12,269
July 24
July 31.. - ..... 12,297
4,864
4,855
4,863
4,837
4,815
152
152
153
142
145
1,372
1,364
1,354
1,350
1,358
1,022
1,023
1,016
1,016
1,014
2,104
2,102
2,123
2,113
2,084
41
42
43
41
41
173
172
174
175
173
7,246
7,263
7,421
7,432
7,482
5,231
5,232
5,390
5,420
5,448
4,579
4,575
4,717
4,743
4,773
652
657
673
677
675
2,015 2,186
2,031 | 2,145
2,031 2,161
2,012 2,065
2,034 1.962
273 1,983
289 i 1,970
276 1,975
281 1,922
278 1,924
7... . . ...... 12,295
12,273
14
12,310
21
12,296
28
4,828
4,821
4,834
4,829
153
145
141
131
1,353
1,350
1,354
1,359
1,013
1,016
1,014
1,013
2,088
2,088
2,106
2,104
39
39
38
41
182
183
181
181
7,467
7,452
7,476
7,467
5,425
5,405
5,424
5,417
4,761
4,743
4,758
4,741
664
662
666
676
2,042
2,047
2,052
2,050
1,963
2,016
2,019
2,021
280 <
287 i
280
289
1,955
2,011
2,026
2,048
Mar.
Mar.
Mar.
Mar.
6
13
20
27.
Apr.
Apr.
Apr.
Apr.
3
10
17
24
May
May
May
May
May
1
8
15
22
29
June 6.,,
June 12
June 19
June 26
Aug.
Aug.
Aug.
Aug.
.
252 1,972
259 2,016
251 I 1,919
259 1*893
Sept. 4 .
Sept. 11
Sept. 18..
Sept. 25
. . . 12,328
12,318
12,558
12,574
4,847 i
4,860
4,860
4,884
142
140
131
131
1,356
1,357
1,355
1,359
1,010
1,013
1,016
1,017
2,116
2,125
2,130
2,149
41
40
40
39
182
185
188
189
7,481
7,458
7,698
7,690
5,451
5,420
5,651
5,642
4,739
4,692
4,923
4,915
712
728
728
727
2,030
2,038
2,047
2,048
1,973
2,079
2,029
2,041
278
298
286
289
2,074
2,146
2,144
2,111
Oct.
Oct.
Oct.
Oct.
Oct.
...
12,598
12,561
12,696
12,664
12,684
4,907 i
4,898 1
4,906
4,918
4,892
136
128
123
123
103
1,352
1,353
1,358
1,362
1,362
1,021
1,024
1,025
1,022
1,023
2,167
2,164
2,172
2,185
2,182
43
41
39
40
40
188
188
189
186
182
7,691
7,663
7,690
7,746
7,792
5,643
5,620
5,651
5,696
5,739
4,915
4,891
4,909
4,949
4,988
728
729
742
747
751
2,048
2,043
2,039
2,050
2,053
1,933
2,053
2,148
2,147
2,190
276
295
279
285
292
2,167
2,162
2,226
2,152
2,143
2...» .
9
16
23.
30.....
Nov.
Nov.
Nov.
Nov.
6
13
20
27
12,692
12,678
12,673
12,683
4,912 |
4,914
4,911
4,940
113
119
118
136
1,358
1,355
1,351
1,353
1,019
1,017
1,018
1,017
2.198
2,201
2,202
2,214
43
39
38
36
181
183
184
184
7,780
7,764
7,762
7,743
5,734
5,738
5,749
5,733
4,978
4,978
4,987
4,969
756
760
762
704
2,046
2,026
2,013
2,010
2,253
2,293
2,294
2,324
289
305
291
297
2,180
2,286
2,271
2,242
Dec.
Dec.
Dec.
Dec.
Dec.
4
11
18
24
31..,,
12,662
12,638
12,977
12,984
12,978
4,967
4,962
4,981
4,974
4,988
133
134
141
135
149
1,360
1,358
1,361
1,365
1,368
1,017
1,016
1,014
1,012
1,009
2,235
2,232
2,243
2,242
2,240
36
35
34
34
34
186
187
188
186
188
7,695
7,676
7,996
8,010
7,990
5,705 4,945
5,686 1 4,927
5,981 5,228
5,987 5,238
5,968 5,225
760
759
753
749
743
1,990
1,990
2,015
2,023
2,022
2,329
2,414
2,227
2,202
2,151
304
320
826
323
312
2,283
2,262
2,205
2,167
2,231
12,079
12,148
12,197
12,163
12,132
12,184
12,215
12,294
12,444
12,621
12,682
12,848
5,070
5,054
5,093
5,023
4,921
4,915
4,847
4.828
4,862
4,905
4,920
4,975
279
272
298
243
162
151
149
142
137
122
122
139
1,462
1,439
1,435
1,414
1,392
1,384
1,360
1,354
1,356
1,357
1,354
1,362
1,003
995
990
990
998
1,024
,019
,014
,014
,023
,018
,014
2,047
2,076
2,104
2,114
2,117
2,117
2,105
2,096
2,130
2,174
2,204
2,238
61
59
54
54
54
54
41
40
39
42
39
35
218
213
212
208
198
185
173
182
186
187
183
187
7,009
7,094
7,104
7,140
7,211
7,269
7,368
7,466
7,582
7,716
7,762
7,873 i
5,027
5,105
5,127
5,125
5,154
5,243
5,343
5,418
5,541
5,670
5,738
5,865
386
425
471
511
528
632
666
667
724
739
760
752
1,982
1,989
1,977
2,015
2,057
2,026
2,025
2,048
2,041
2,046
2,024
2,008
1,876 1
1,863 ;
1,813
1,844
2,081
2,149
2,104
2,004
2,030
2,094
2,291
2,264
259
257
255
258
256
274
279
284
288
285
295
316
1,895
1,980
1,950
1,901
1,972
1,939
1,954
2,010
2,118
2,170
2,245
2,230
Monthly averages:
January
February
March
.....
April
May
June. ,.,
July
August
...
September
October
November
December
,
4,641
4,680
4,656
4,614
4,626
4,611
4,677
4,751
4,817
4,931
4,978
5,113
REPORTING MEMBER BANKS
215
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Date or month
Cash
items
in
process
of
collection
Total
assets
Other
assets
IndividCertiuals,
fied
Demand corpoU.S.
deposits rations, and
officers Governetc.,
adjusted
Total
States checks, ment
etc.
and
Liabilities
political
subdivisions
Interbank
Interbank
Domestic
Total
except
interForeign bank
Do- Foreign
mestic
Borrow Other Capital
ings liabiliacties
counts
1935
Jan, 2
Jan. 9
Jan, 16 .,
Jan. 23
Jan, 30
671
483
560
467
460
896
905
904
898
909
17,581
17,448
17,635
17,506
17,521
6,687
6,722
6,781
6,761
6,801
7,162
7,066
7,183
7,090
7,109
196
139
158
138
152
702
698
693
671
630
2,552
2,557
2,621
2,614
2,598
20
18
18
18
20
4,212
4,222
4,221
4,239
4,252
118
121
119
123
122
9
2
8
605
607
599
596
614
2,014
2,020
2,014
2,015
2,016
Feb. 6
Feb. 13
Feb. 20 .
Feb. 27
457
619
518
547
903
908
907
919
17,513
17,765
17,708
17,783
6,713
6,813
6,835
6,857
7,018
7,292
7,210
7,256
152
140
143
148
628
593
592
573
2,684
2,700
2.719
2,743
20
21
22
21
4,262
4,264
4,261
4,268
125
128
128
126
7
11
5
7
595
592
604
615
2,022
2,024
2,024
2,026
Mar.
Mar.
Mar.
Mar.
6
13.. . _
20
27....
526
546
512
503
922
922
903
899
17,720
17,837
17,588
17,451
6,779
6,922
6,786
6,716
7.151
7,320
7,153
7,072
154
148
145
147
568
566
567
567
2,769
2,765
2,700
2,671
21
21
21
21
4,274
4,257
4,275
4,289
129
132
136
133
5
5
6
2
618
600
562
524
2,031
2,023
2,023
2,025
Apr.
Apr
Apr.
Apr.
3
10
17
24
526
496
593
522
899
895
884
883
17,366
17,431
17,752
17,815
6,647
6,791
6,950
7,033
7,012
7,145
7,391
7.374
161
142
152
181
568
568
566
566
2,683
2,640
2,695
2,735
21
21
24
22
4,293
4,287
4,312
4,320
133
132
132
127
2
1
474
467
451
458
2,021
2,029
2,027
2,031
May 1
May8
May 15.^..
May 22 .
May 29
650
496
600
533
532
891
880
885
882
889
17,983
17,822
17,972
17,880
17,784
7,043
7,124
7,192
7,225
7,226
7,481
7,466
7,622
7,599
7,599
212
154
170
159
159
525
486
446
429
394
2,760
2,721
2,732
2,701
2,660
24
23
23
23
23
4,368
4,357
4,362
4,346
4,327
130
129
133
130
129
1
1
1
1
1
6
4
4
451
451
440
448
448
2,031
2,034
2,037
2,040
2,040
June 5
June 12
June 19
June 26
538
580
557
520
880
876
863
875
17,807
18,027
18,001
18,040
7,190
7,390
7,390
7,449
7,570
7,822
7,785
7.811
158
148
162
158
396
394
363
363
2,734
2,738
2,724
2,718
24
23
25
24
4,315
4,296
4,333
4,333
121
119
119
121
1
1
1
2
2
1
5
445
440
442
466
2,041
2,045
2,047
2,039
JulyS
July 10
July 17
July 24
July 31 .
618
534
561
491
540
858
854
851
859
862
18,028
17,910
18,108
17,887
17,863
7,510
7,494
7,600
7,501
7,455
7,942
7,870
8,003
7,834
7,833
186
158
158
158
162
199
181
306
306
308
2,834
2,820
2,764
2,728
2,694
24
27
27
27
26
4,276
4,286
4,278
4,283
4,285
123
119
117
119
118
2
2
2
2
2
2
1
6
5
3
415
415
417
398
400
2,025.
2,031
2,030
2,027
2,032
Aug. 7.
Aug. 14
Aug. 21
Aug. 28
489
587
508
488
855
868
871
882
17,837
18,042
18,014
18,024 ,
7,449
7,502
7,584
7,610
7,793
7,939
7,948
7,954
145
150
144
144
309
311
311
310
2,722
2,771
2,777
2,752
27
28
26
27
4,274
4,279
4,250
4,240
121
123
122
125
2
2
2
2
3
2
404
402
394
427
2,037
2,035
2,040
2,042
Sept. 4...
Sept. 11
Sept. 18
Sept. 25
582
593
590
545
900
892
881
886
18,135
18,326
18,488
18,446
7,565
7,652
7,654
7,678
7,990
8,105
8,084
8,082
157
140
160
141
'293
296
433
433
2,837
2,870
2,891
2,862
28
27
26
29
4,242
4,253
4,280
4,278
121
119
118
119
2
2
2
1
4
1
2
419
469
452
463
2,042
2,044
2,040
2,038
Oct.
Oct.
Oct.
Oct.
Oct.
633
533
735
586
574
903
898
888
892
898
18,510
18,502
18.872
18,726
18,781,
7,604
7,649
7,721
7,806
7,872
8,060
8,033
8,289
8,240
8,293
177
149
167
152
153
424
423
384
350
351
2,921
2,954
3,082
3,006
2,997
26
27
28
31
33
4,287
4,289
4,297
4,312
4,308
121
119
119
118
117
1
1
1
1
1
1
1
3
2
452
462
459
463
476
2,040
2,044
2,043
2,051
2,052
Nov". 6
Nov. 13
Nov. 20 .
Nov. 27
602
747
626
644
891
897
898
914
18,907
19,206
19,053
19,104
7,897
7,994
8,042
8,120
8,322
8,573
8,491
177
168
177
180
350
337
326
328
3,073
3,141
3,084
3,020
30
31
32
33
4,310
4,301
4,287
4,289
116
119
117
119
1
2
1
472
478
483
495
2,056
2,056
2,055
2,056
Dee.
Dec.
Dec.
Dec.
Dec.
601
633
660
663
817
918
929
910
918
924
19,097
19,196
19,305
19,257
19,413
8,099
8,172
8,076
8,016
8,065
8,499
8,618
8,543
8,501
8,638
201
187
193
178
244
315
300
509
508
503
3,103
3,073
3,046
3,046
3,022
33
37
37
35
32
4,268
4,284
4,305
4,315
4,345
116
120
117
118
128
1
1
1
5
1
496
512
493
491
452
2,065
2,064
2,061
2,060
2,048
528
535
522
534
562
549
549
518
578
612
655
675
902
909
912
891
886
874
857
869
891
896
899
920
17,539
17,692
17,649
17,591
17,889
17,969
17,958
17,979
18,349
18,678
19,067
19,253
6,751
6,805
6,801
6.855
7,162
7,355
7,512
7,537
7,637
7,730
8,013
8,086
7,122
7,194
7,174
7,230
7,553
7,748
7,897
7,909
8,065
8,183
8,492
8,559
156
145
148
159
170
156
163
145
150
159
176
201
679
596
567
567
456
379
260
310
364
386
335
427
2,588
2,713
2,726
2,689
2,715
2,729
2,768
2,755
2,865
2,992
3,079
3,058
19
20
21
22
24
24
26
27
27
29
31
35
4,229
4,264
4,273
4,303
4,352
4,319
4,282
4,261
4,264
4,298
4,297
4,303
121
127
133
131
130
120
119
123
119
119
118
120
4
8
4
1
3
2
3
2
1
1
1
2
605
601
577
462
448
448
409
407
451
463
482
489
2,016
2,024
2,026
2,027
2,037
2,043
2,029
2,038
2,042
2,046
2,056
2,059
2
9
16
23
30. . .
4
11....
18
24
31
_
Monthly averages:
January
February
March _
April. „
May
June
July
AugustSeptember
October
November
December
1
1
2
2
1
2
1
216
BANKING AND MONETARY STATISTICS
c,
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITY[Wednesday figures. In millions of dollars]
Loans
Total
loans
and
investments
Date or month
1936
Total
To
brokers To
others
and
dealer*
on
in
secusecurities
rities
Investments
Other
Open
Real loans
To marestate
banks ket
to
custompaper
ers
U. S. Government
obligations
Total
Total
Guaranteed
Direct
Reserves Cash
with
in
Other Federal vault
secu- Reserve
rities Banks
P
Balances
with
domestic
banks
i
12,934
-. . . 13,007
13,029
12,995
4,957
,959
,941
,912
145
148
147
140
1,344
1,344
1,338
1,335
1,010
1,017
1,015
1,015
2,231
2,223
2,211
2,193
36
35
36
37
191
192
194
192
7,977
8,048
8,088
8,083
5,949
6,019
6,044
6,023
5,201
5,265
5,283
5,264
748
754
761
759
2,028
2,029
2,044
2,060
2,276
2,288
2,255
2,282
314
293
295
300
2,207
2,288
2,253
2,291
. - . 12,995
13,010
- ... 13,006
12,958
,902
,897
4,887
4,868
142
140
143
139
1,333
1,323
1,319
1,312
1,013
1,011
1,012
1,012
2,186
2,195
2,186
2,181
37
37
36
35
191
191
191
189
8,093
8,113
8,119
8,090
6,038
6,050
6,049
6,016
5,279
5,287
5,288
5,259
759
763
761
757
2,055
2,063
2,070
2,074
2,338
2,323
2,274
2,255
289
305
309
317
2,251
2,226
2,254
2,291
12,910
12,884
13,227
13,211
4,916
4,995
5,000
5,007
167
182
169
161
1,318
1,324
1,332
1,332
1,013
1,011
1,011
1,014
2,197
2,254
2,268
2,283
35
34
34
32
186
190
186
185
7,994 5,928
7,889 5,802
8,227 ! 6,119
8,204 6,099
5,183
5,069
5,399
5,383
745
733
720
716
2,066
2,087
2,108
2,105
2,333
2,401
2,100
2,059
311
320
313
315
2,326
2,339
2,209
2,152
1
8
15
22
29
13,088
13,217
. - , . 13,240
13,222
13,224
5,096
5,077
5,078
5,055
5,061
191
186
195
187
185
1,345
1,335
1,325
1,319
1,324
1,010
1,009
1,009
1,009
1,011
2,330
2,324
2,325
2,318
2,321
36
35
35
34
33
184
188
189
188
187
7,992
8,140
8,162
8,167
8,163
5,873
6,010
6,007
6,010
5,S90
5,158
5,292
5,290
5,282
5,257
715
718
717
728
733
2,119
2,130
2,155
2,157
2,173
1,974
2,142
2,244
2,339
2,360
308
324
315
321
327
2,112
2,157
3,233
2,234
2,178
May 6
May 13
May 20
May 27
... 13,262
13,270
13,238
13,219
5,079
5,090
5,106
5,100
184
184
187
186
1,329
1,330
1,329
1,322
1,013
1,013
1,014
1,013
2,332
2,340
2,352
2,357
33
33
33
34
188
190
191
188
8,183 6,002
8,180 5,995,
8,132 I 5,955
8,119 5,930
5,266
5,254
5,213
5,186
736
741
742
744
2,181
2,385
2,177
2,189
2,339
2,325
2,329
2,377
320
330
318
334
2,161
2,179
2,248
2,246
June 3__
June 10
June 17
June 24
13,189
13,246
13,584
13,522
5,154
5,150
5,146
5,102
216
210
211
203
1,338
1,335
1,333
1,329
1,014
1,015
1,017
1,016
2,364
2,371
2,362
2,335
35
33
34
34
187
186
189
185
8,035
8,096
8,438
8,420
5,848
5,901
6,233
6,210
5,100
5,161
5,495
5,467
748
740
738
743
2,187
2,195
2,205
2,210
2,431
2,409
2,146
2,376
318
334
337
348
2,287
2,285
2,123
2,159
July 1
JulyS _ _ „ _ „ • _ . _ . _ .
July 15
July 22
July 29
13,556
13,556
13,630
13,692
13,684
5,136
5,087
5,133
5,150
5,133
222
200
197
195
189
1,328
1,322
1,330
1,327
1,324
1,012
1,014
1,013
1,012
1,011
2,360
2,341
2,384
2,394
2,385
35
31
32
31
31
179
179
177
191
193
8,420
8,469
8,497
8,542
8,551
6,217
6,273
6,300
6,338
6,343
5,474
5,517
5,543
5,577
5,576
743
756
757
761
767
2,203
2,196
2,197
2,204
2,208
2,483
2,596
2,544
2,527
2,509
334
344
330
329
332
2,388
2,409
2,476
2,430
2,365
Aug.
Aug.
Aug.
Aug.
13,718
13,703
13,660
13,679
5,163
5,192
5,204
6,212
184
176
172
176
1,322
1,327
1,328
1,325
1,014
1,013
1,014
1,015
2,414
2,445
2,452
2,459
30
31
31
33
199
200
207
204
8,555
8,511
8,456
8,467
6,359
6,316
6;262
6,267
5,579
5,527
5,47€
5,474
780
789
786
793
2,196
2,195
2,194
2,200
2,417
2,500
2,594
2,564
318
329
323
328
2,369
2,333 *
2,217
2,205
Sept. 2
Sept. 9
Sept. 16
Sept. 23
Sept. 30
13,648
13,675
13,811
13,824
13,879
5,234
5,276
5,304
5,300
5,330
179
189
190
178
186
1,323
1,330
1,329
1,328
1,333
1,013
1,014
1,010
1,011
1.009
2,481
2,507
2,541
2,553
2,577
32
32
32
31
30
206
204
202
199
195
8,414
8,399
8,507
8,524
8,549
6,226
6,205
6,306
6,323
6,341
5,437
5,418
5,513
5,534
5,552
789
787
793
789
789
2,188
2,194
2,201
2,201
2,208
2,625
2,721
2,604
2,588
2,669
321
341
328
338
326
2,203
2,205
2,268
2,231
2,287
Oct. 7
Oct. 14
Oct. 21
Oct. 28
13,891
13,881
13,879
-13,864
5,339
5,332
5,344
5,337
181
176
177
181
1,332
1,314
1,312
1,321
1,011
1,011
1,012
1,012
2,589
2,606
2,620
2,607
31
31
32
30
195
194
191
186
8,552
8,549
8,535
8,527
6,355
6,351
6,339
6,329
5,565
5,555
5,544
5; 536
790
796
795
793
2,197
2,198
2,196
2,198
2,706
2,819
2,855
2,881
337
352
340
349
2?, 274
2,360
2,313
2,294
Nov. 4
Nov. 10 .
Nov. '18
Nov. 25.
13,838
13,846
13,831
13,776
5,336
5,344
5,337
5,324
187
181
173
174
1,317
1,313
1,316
1,312
1,012
1,014
1,020
1,023
2,604
2,615
2,604
2,597
30
31
32
32
186
190
192
186
8,502
8,502
8,494
8,452
6,317
6,321
6,310
6,272
5,528
5,525
5,512
5,479
789
796
798
793
2,185
2,181
2,184
2,180
2,828
2,852
2,879
2,829
343
348
348
347
2,359
2,362
2,426
2,394
13,779
13,849
14,098
. .. 14,141
14,182
5,356
5,397
5,460
5,504
5,533
179
191
195
205
209
1,318
1,321
1,322
1,321
1,327
1,022
1,024
1,023
1,025
1,027
2,617
2,636
2,690
2,720
2,736
31
31
30
29
28
189
194
200
204
206
8,423
8,452
8,638
8,637
8,649
6,244
6,262
6,441
6,431
6,449
5,451
5,470
5,649
5,643
5,'662
793
792
792
788
787
2,179
2,190
2,197
2,206
2,200
2,824
2,831
2,725
2,696
2,696
345
375
368
368
367
2,428
2,378
2,411
2,298
2,255
4,942
4,889
4,980
5,073
5,094
5,139
5,128
5,192
5,289
5,339
5,335
5,449
145
141
170
189
185
211
201
176
184
179
178
195
1,341
1,322
1,326
1,330
1,328
1,334
1,327
1,326
1,328
1,320
1,314
1,322
1,014
1,013
1,012
1,009
1,013
1,016
1,012
1,015
1,011
1,011
1,018
1,024
2,215
2,186
2,251
2,324
2,345
2,358
2,372
2,442
2,533
2,606
2,605
2,680
36
36
34
34
34
33
32
31
32
31
32
30
191 . 8,049
8,103
191
8,078
187
8,125
187
8,153
189
8,247
187
8,496
184
8,498
202
8,478
201
8,540
192
188
8,487
8,561
198
6,009
6,038
5,987
5,978
5,971
6,048
6,294
6,302
6,280
6,343
6,305
6,366
5,253
5,278
5,258
5,256
5,230
5,306
5,538
5,514
5,490
5,549
59S11
5,575
756
760
729
722
741
742
756
788
790
794
794
'791
2,040
2,065
2,091
2,147
2,182
2,199
2,202
2,196
2,198
2,197
2,182
2,195
2,275
2,298
2,223
2,212
2,343
2,340
2,532
2,518
2,641
2,815
2,847
2,755
301
305
314
319
326
334
334
325
331
344
346
364
2,260
2,256
2,257
2,183
2,209
2,214
2,413
2,281
2,239
2,311
2,385
2,353
Jan. 8
Jan. 15
Jan 22
Jan. 29
Feb. 5
Feb. 12
Feb. 19 .
Feb 26
Mar. 4
Mar, 11
Mar, 18
Mar. 25
Apr.
Apr
Apr.
Apr.
Apr.
5
12
19
26.—..
Dec. 2
Dec 9
Dec. 16
Dec. 23
Dec 30
Monthly averages:
January
-.
February
March
April
----May
June . ,
July
August
September
October
November
12,991
12,992
13,058
13,198
13,247
13,386
13,624
13,690
13,767
13,879
13,822
14,010
REPORTING MEMBER BANKS
217
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Demand deposits
Total
assets
Individuals,
Certified
Demand corpoand
U.S.
deposits rations,
adjusted
etc.,
officers' GovernStates checks, ment
Total
and
etc.
liabilities
political
subdivisions
Time deposits
Cash
items
in
process
of
collection
Other
assets
636
742
676
605
853
859
858
863
19,220
19,477
19,366
19,336
7,969
8,051
8,051
8,110
8,411
8,597
8,536
8,538
194
196
191
177
505
502
449
442
3,095
3,148
3,143
3,118
29
29
30
27
4,345
4,355
4,351
4,353
135
135
134
135
611
676
631
683
858
865
862
876
19,342
19,405
19,33^6
19,380
8,056
8,104
8,084
8,070
8,503
8,584
8,541
8,585
164
196
174
168
437
403
387
379
3,176
3,160
3,179
3,188
30
28
29
30
4,355
4,357
4,352
4,358
135
135
135
135
Mar. 4
.Mar. 11 . .
Mar. 18
_. ... .
Mar. 25
684
697
681
640
871
880
861
866
19,435
19,521
19,391
19,243
8,016
8,090
7,940
7,878
8,518
8,610
8,455
8,362
182
177
166
156
380
379
587
580
3,273
3,251
3,105
3,065
30
31
30
29
4,374
4,388
4,381
4,375
134
133
134
133
Apr.
Apr.
Apr.
Apr.
Apr.
766
696
814
723
687
868
868
872
874
898
19,116
19,404
19,718
19,713
19,674
7,651
7,946
8,075
8,193
8,206
8,207
8,442
8,717
8,743
8,721
210
200
172
173
172
576
562
557
555
•556
3,064
3,052
3,111
3,062
3,006
31
30
32
32
30
4,363
4,423
4,426
4,440
4,471
133
135
133
133
132
May 6
May 13... .
May 20
May 27
675
768
691
682
878
877
881
894
19,635
19,749
19,705
19,752
8,134
8,169
8,228
8,253
8,643
8,781
8,760
8,783
166
156
159
152
558
556
556
553
3,070
3,042
3,021
3,039
31
30
30
30
4,474
4,473
4,465
4,467
130
132
131
132
June 3
June 10__.
June 17 _
June 24. .,
763
685
791
701
885
885
863
868
19,873
19,844
19,844
19,974
8,195
8,290
8,210
8,312
8,765
8,796
8,835
8,862
193
179
166
151
551
548
656
654
3,127
3,092
2,975
3,052
30
31
32
33
4,486
4,483
4,479
4,512
131
133
131
132
July I,... „
JulyS
July 15
July 22 .
July 29—
978
748
852
744
713
867
842
856
859
859
20,606
20,495
20,688
20,581
20,462
8,464
8,460
8,552
8,602
8,581
9,204
9,040
9,221
9,179
9,133
238
168
183
167
161
647
643
632
632
632
3,343
3,477
3,498
3,439
3,376
36
35
37
35
38
4,461
4,450
4,448
4,453
4,445
132
133
135
134
133
Aug.
Aug.
Aug.
Aug.
5
12...
19
26
712
808
711
691
849
849
845
847
20,383
20,522
20,350
20,314
8,486
8,523
8,554
8,563
9,033
9,168
9,113
9,104
165
163
152
150
631
630
629
629
3,410
3,402
3,307
3,277
35
36
37
38
4,442
4,450
4,452
4,459
131
131
129
128
Sept. 2
Sept. 9 ..
Sept. 16
Sept. 23
Sept. 30
731
733
906
749
836
848
846
829
834
842
20,376
20,521
20,746
20,564
20,839
8,526
8,584
8,603
8,628
8,796
9,100
9,136
9,328
9,221
9,453
157
181
181
156
179
629
631
656
656
654
3,328
3,386
3,396
3,341
3,361
35
36
36
38
36
4,455
4,465
4,464
4,457
4,465
129
128
130
129
127
741
1,025
842
763
830
842
832
840
20,779
21,279
21,061
20,991
8,723
8,835
8,894
8,955
9,300
9,684
9,560
9,556
164
176
176
162
656
655
608
567
3,458
3,569
3,508
3,486
37
41
41
44
4,468
4,455
4,461
4,456
129
130
130
132
907
827
875
863
837
843
851
867
21,112
21,078
21,210
21,076
8,917
8,983
9,039
9,059
'9, 646
9,622
9,739
9,732
178
188
175
190
509
485
424
367
3,561
3,559
3,633
3,557
43
37
40
39
4,451
4,455
4,449
4,442
130
130
130
130
1
1
863
753
1,042
938
947
876
884
872
873
882
21,115
21,070
21,516
21,314
21,329
9,047
9,101
9,180
9,122
9,123
9,709
9,656
10,016
9,862
9,862
201
198
206
198
208
366
367
497
499
499
3,617
3,586
3,561
3,517
3,499
39
38
38
36
37
4,424
4,445
4,417
4,429
4,446
128
131
131
132
130
3
665
650
676
737
704
735
807
731
791
843
868
909
858
865
869
876
-882
875
857
847
840
836
850
878
19,350
19,366
19,397
19,525
19,711
19,884
20,567
20,392
20,609
21,028
21,118
21,269
8,045
8,079
7,981
8,014
8,196
8,252
8,531
8,532
8,627
8,851
8,999
9,114
8,521
8,553
8,486
8,566
8,742
8,814
9,156
9,104
9,248
9,526
9.685
9,821
189
176
170
186
159
173
184
158
171
169
182
202
474
402
482
561
556
603
637
630
645
621
446
446
3,126
3,176
3,174
3,059
3,043
3,061
3,427
3,349
3,362
3,506
3,577
3,557
29
29
29
31
30
31
36
37
36
40
40
38
4,352
4,356
4,381
4,424
4,470
4,490
4,451
4,450
4,461
4,460
4,449
4,432
135
135
133
133
131
132
133
130
129
130
130
130
Date or month
Jan. 8
Jan. 15
Jan. 22
Jan. 29
1936
Feb. 5
Feb. 12__, ...
Feb. 19
Feb. 26
_. .
._
1
8
15
22 _
29
Oct.
Oct.
Oct.
Oct.
7
14...
21
28
Nov.
Nov.
Nov.
Nov.
4
11
18
25
Dec. 2
Dec. 9
Dec. 16,.
Dec. 23.. ..
Dec. 30
Monthly averages:
January . .
February
March
April,.
May
. .
June
July
August
September. . October
November
December
-,
Interbank
Interbank
Do- Foreign
mestic
Total
except
interbank
Do- Foreign
mestic
1
Borrow- Other Capital
ings liabiliacties
counts
1
2
3
2
463
474
486
503
2,041
2,039
2,043
2,041
1
1
1
3
2
2
3
498
498
493
493
2,041
2,041
2,043
2,040
1
1
3
1
3
3
496
500
477
489
2,045
2,050
2,052
2,051
2
475
502
503
507
520
2,054
2,058
2,061
2,065
2,065
494
507
513
521
2,068
2,071
2,070
2,075
512
508
496
508
2,078
2,074
2,072
2,069
484
489
474
484
486
2,060
2,060
2,060
2,058
2,057
3
2
1
481
479
465
462
2,054
2,058
2,063
2,066
1
1
2
1
474
486
476
483
482
2,068
2,071
2,077
2,081
2,082
1
2
482
484
492
499
2,084
2,083
2,085
2,088
503
505
516
518
2,090
2,096
2,102
2,101
523
542
540
536
548
2,105
2,107
2,106
2,102
2,09ft
482
495
490
501
508
506
484
471
480
489
511
537
2,041
2,042
2,049
2,061
2,071
2,073
2,059
2,061
2.076
2,086
2,097
2.104
1
1
1
6
2
1
1
1
2
1
i
i
2
1
1
'i
1
......
1
3
3
1
1
1
1
2
2
2
„
1
1
1
1
......
BANKING AND MONETARY STATISTICS
218
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITY
[Wednesday figures. In millions of dollars]
Loans1
Investments
R«Memoranda l
eervea
U. S. Government
To
BalFor Comobligation*
Other
with Cuh ances
brokloans
FedTo
Open pur- merers
in
with
To
mar- chas- cial,
Other eral rault doto
and others Real
secu- Reing indus- Other Total
dealers on estate cus- banks ket
meat io
or
Total Direct Guar- rities serve
secupaper
trial loana
tomin
banki
carry- and
anteed
ers
secu- rities
Banks
agriing
rities
secu- culrities* tural
Date or
month
Total
loans
and
investments
Jan
Jan
Jan
Jan
1937
6
13
20
27
14,174
14,163
14,089
14,085
5,509
5,495
5,426
5,434
213
207
192
202
1,307
1,296
1,296
1,294
2,715
2,716
2,643
2,635
32
31
30
30
217
223
241
250
8,665
8,668
8,663
8,651
6,496
6,488
6,485
6.476
5,706
5,702
5,707
5,718
790
786
778
758
2,169
2,180
2,178
2,175
2,715
2,759
2,735
2,699
353
355
335
330
2,231
2,273
2,229
2,173
Feb
Feb
Feb
Feb
3
10
17
24
14,066
14,067
14,051
14,042
5,444
5,455
5,462
5,483
206
198
192
207
1,294 1,022 2,636
1,291 1,020 2,655
1,288 1,021 2,668
1,285 ,021 2,673
30
28
29
29
256
263
264
268
8,622
8,612
8,589
8,559
6,444 5,685
6,439! 5,677
6,418 5,660
6,386 5.628
759
762
758
758
2,178
2,173
2,171
2,173
2,672
2,654
2,656
2,643
325
340
329
344
2,168
2,154
2,240
2,124
Mar
Mar
Mar
Mar
Mar
3
10
17
24
31
14,027
14,049
14,007
13,963
13,749
5,510
5,543
5,581
5,609
5,647
203
205
202
211
213
1,287
1,290
1,295
1,300
1,312
,021
,024
,025
,023
.030
2,695
2,721
2,750
2,762
2,778
30
31
30
31
30
274
272
279
282
284
8,517
8,506
8,426
8,354
8,102
6,357
6,359
6,281
6,218
5,968
5,601
5,603
5,519
5,470
5,225,
756
756
762
748
743
2,160
2,147
2,145
2,136
2,134
2,697
2,742
2,782
2,672
2,604
325
316
301
313
297
.975
,939
,993
,884
,794
Apr.
Apr
Apr
Apr
7___ — _.
14
21
28
13,907
13,907
13,918
13,849
5,658
5,676
5,681
5.684
197
185
185
195
1,309
1,312
1,316
1,312
,029
,026
,027
.027
2,809
2,841
2.841
2.837
29
29
30
33
285
283
282
280
8,249
8,231
8,237
8,165
6,113
6.092
6.102
6,034
5,372
5,351
5,363
5,298
741
741
739
736
2,136
2,139
2,135
2,131
2,691
2,759
2,799
2,863
288
299
290
296
,849
,941
,888
,893
May
May
May
May
5
12
19
26
13,861
13,883
13,859
13,862
5,719
5,726
5.713
5,721
194
197
196
200
1,322
1,334
1,251
1,243
,028
,031
,033
,032
2,849
2,841
2,851
2,873
49
42
42
41
277
281
340
332
456 2,592 1,065
439 2,612 1,065
8,142 6,023 5,300
8,157 6,026] M96
B,292
8,146
8,141 6^024 p.294
723
730
728
730
2,119
2,131
2,126
2,117
2,877
2,879
2,853
2,824
282
294
278
284
,726
,711
,713
,725
June 2
June 9»
June 16
June 23.
June 30
13,766
13,740
13,967
13,901
13,820
5.715
5,726
6,730
5,734
5,734
193
201
201
227
220
1,242
1,247
1,252
1,250
1,250
,032
,035
,035
,037
,036
2,876
2,882
2,889
2,877
2,890
49
42
41
42
37
323
319
312
301
301
440
441
438
438
435
2,610
2,599
2,609
2,596
2,607
1,068
1,089
1,094
1,093
1,098
8.051
8,014
8,237
8,167
8,086
5^921
6,140
6,073
6,006
5,227
5,196
5,415
5,351
5,291
728
725
725
722
715
2,096
2,093
2,097
2,094
2,080
2,838
2,869
2,802
2,826
2,797
265
286
251
259
249 ,
,696
,689
,705
,670
,716
July 7
July 14., .
July 21
July 28.. — ..
13,800
13,838
13,854
13,884
5,734
5,755
5,776
5,806
218
209
215
222
1,243
1,244
1,250
1,251
,034
,027
,027
,029
2,901
2.934
2,946
2,960
38
40
38
40
300
301
300
304
434
433
433
429
2,610
2,649
2,673
2,689
1,100
1,096
1,090
1,093
8,066
8,083
8,078
8,078
6,003
6,013
6,011
6,016
5,291
5,286
5,274
5,279
712
727
737
737
2,063
2,070
2,067
2,062
2,816
2,838
2,794
2.773
262 i
270
252
260
,675
,733
,718
,685
Aug. 4
Aug. 11.. . „
Aug. 18
Aug. 25.. ...
13,950
14,008
13,973
13,975
5,877
5.921
5,912
5.922
212
213
214
215
1,262
1,262
1,263
1,266
,028
,030
,030
,030
3,033
3,070
3,064
3,071
40
38
36
36
302
308
305
304
430
430
428
426
2,758
2,789
2,792
2,805
1,107
1,113
1,106
1,106
8,073
8,087
8,061
8,053
6,008
6,032
6.030
6,028
5,264
5,288
5,294
5,292
744
744
736
736
2,065
2,055
2,031
2,025
2,778
2,780
2,806
2,783
238
251
243
252
,624
,614
1,644
1,589
Sept. 1_,
Sept. 8 .
Sept, 15......
Sept. 22 - .
Sept. 29. — ..
13,942
13,945
13,947
13,881
13,860
5,942
5,958
6,000
6,010
6,023
221
217
208
202
197
1,271
1,273
1,283
1,280
1,293
,030
,029
,029
,030
,031
3,084
3,103
3,146
3,163
3,170
34
36
32
34
33
302
300
302
301
299
428
435
434
431
433
2,820
2,836
2,882
2,893
2,906
1,107
1,105
1,113
1,119
1,124
8,000
7,987
7,947
7,871
7,837
5,992
5,993
5,956
5,890
5.860
5,260
5,258
5,226
5,145
5,117
732
735
730
745
743
2,008
1,994
1,991
1,981
1,977
2,774
2,802
2,816
2,796
2,742
233
254
248
259
264
1,573
1.551
1.708
1,682
1,671
Oct. 6 .
Oct. 13
Oct. 20 .
Oct. 27—
13,843
13,848
13,815
13,780
6,024
6,025
6,010
5.980
196
193
190
177
1,286
1,288
1,281
1,277
.032
,032
,032
,035
3,185
3,189
3,185
3,170
31
28
27
26
294
295
295
295
430
428
423
422
2,916
2,922
2,915
2,896
1,125
1,121
1,128
1,129
7,819
7,823
7,805
7,800
5,849
5,853
5.840
5,828
5,109
5,111
5,097
5,034
740
742
743
744
1,970
1,970
1,965
1,972
2,790
2,788
2,790
2,780
252
283
260
272
1,700
1,761
1,718
1,674
Nov.
Nov.
Nov.
Nov.
3
10
17
24
13,741
13,720
13,663
13,599
5,968
5.972
5,954
5,920
169
168
164
163
1,270
1,269
1,267
1,260
,035
,035
,036
,036
3,162
3,171
3,155
3,135
37
36
37
37
295
293
295
289
422
422
422
418
2,880
2,892
2,878
2,852
1,130
1,126
1,122
1,125
7,773
7,748
7,709
7,679
5,806
5.789
5,757
5,732
5,061
5,043
5,016
4,990
745
746
741
742
1,967
1,959
1,952
1,947
2,786
2.810
2,814
2,825
256
269
260
258
1,676
1,687
1.795
1.781
Dee.
Deo.
Dee.
Dee.
Dec.
!._.___„
8........
15
22
29
13,562
13,562
13,687
13,611
13,545
5,907
5,919
5,930
5,900
5,874
166
176
181
173
175
1,266
1,263
1,260
1,261
1,268
,036
,037
,040
,038
,036
3,117
3,119
3,131
3,115
3,094
38
39
36
35
32
284
285
282
278
269
421
422
422
422
418
2,827
2,827
2,836
2.823
2,814
1,135
1,133
1,133
1,131
1.130
7,655
7,643
7,757
7,711
7.671
5,716
5,702
5.816
5,772
5,737
4,973
4,964
5,061
5,021
4,987
743
738
755
751
750
1,939
1,941
1,941
1,939
1,934
2,831
2,840
2,835
2,820
2,874
252
284
277
298
294
1,793
1,737
1,796
1,754
1.813
778
759
754
739
728
723
729
740
736
742
743
748
May
2,176
2,174
2,144
2,135
2,123
2,092
2,085
2,044
1,990
1,970
1,957
1,938
19 the
2,727
2,656
2,699
2,778
2,858
2,826
2,805
2,787
2,786
2,787
2,808
2,840
figures
Total
1,025
1,022
1,024
1,023
Monthly
averages:
204 1,298 1,023
14,128 5,466
200 1,290 1,021
February,. 14,057 5,461
207 1,297 ,024
March
13,959 5,578
191 1,312 ,027
13,895 5,674
April
197 1,287 ,031
13,866 5,719
May
209 1,248 ,035
13,839 5,728
June
13,844 5,768
216 1,247 ,030
July
214 1,263 .029
13,977 5,908
August
209 1,280 ,030
September- 13,914 5,986
188 1,283 ,033
October..,. 13,821 6,009
166 1,266 ,036
November . 13,681 5,954
174 1,263 ,037
December— 13,593 5,906
1
The loan classification was revised in May
:moranaum columns give me new series.
a
Except to brokers and dealers in securities.
31
233
2,677
29
263
2,658
31
278
2,741
2,832
30
282
44
2,853
308
2,882
438 2,604 ,088
43
311
302
2,934
432 2,655 ,094
39
38
3.059
428 2,786 ,108
305
34
3,132
432 2,867 ,113
301
28
294
3,183
426 2,912 ,128
36
294
3,156
421 2,875 1,126
3,116
420 2.826 1,133
36
280
(see explanation in accompanying text),
8,662 6,486 5.708
8,596 6,422 5,663
8,381 6,237 5,483
8,221 6,086 5,347
8,147 6,024 5,296
8,111 6,019 5,296
8,076 6,011 5,282
8,069 6,025 5,285
7,928 5,938 5,202
7,812 5,842 5,100
7,727 5,770 5,027
7.687 5,749 5,001
and beginning with
345 2,226
334 2,172
,917
310
293
,893
284
,720
262
,695
,703
281
,617
246
252
,637
,714
266
,735
261
,778
281
in the third*
REPORTING MEMBER BANKS
219
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Total
assets
IndividCertiuals,
fied
Demand corpodeposits rations, and
U.S.
adjusted
etc., officers' GovernStates checks, ment
Total
etc.
and
liabilities
political
subdivisions
Interbank
Interbank
Cash
items
in
process
of
collection
Other
assets
839
883
843
769
846
850
858
870
21,158
21,283
21,089
20,932
9,058
9,170
9,116
9,103
9,697
9,864
9,773
9,689
200
189
186
183
498
462
391
367
3,566
3,558
3,534
3,468
37
35
34
33
4,450
4,456
4,450
4,446
132
132
132
133
Feb. 3
Feb. 10
Feb. 17
Feb. 24
742
734
863
883
855
868
875
882
20,828
20,817
21,014
20,918
9,074
9,099
9,165
9,123
9.646
9,666
9,850
9,821
170
167
178
185
330
298
248
208
3,460
3,439
3,497
3,454
33
35
37
36
4,458
4,467
4,461
4,466
135
133
133
134
1
1
1
Mar. 3
Mar. 10
Mar. 17
Mar. 24
Mar. 31
846
762
865
803
866
876
882
863
861
869
20,746
20,690
20,811
20,496
20,179
9.048
9,078
9,038
8,929
8,595
9,705
9,665
9,713
9,561
9,263
189
175
190
171
198
205
245
283
231
229
3,385
3,328
3,367
3,258
3,225
36
37
34
35
37
4,479
4,473
4,457
4,457
4,449
136
135
131
133
130
Apr.
Apr.
Apr.
Apr.
7 _
14
21__ .
28
776
936
876
829
859
864
856
867
20,370
20,706
20,627
20,597
8,818
8,949
9,022
9,064
9,409
9,711
9,706
9,719
185
174
192
174
229
227
186
186
3,277
3,329
3,276
3,220
37
37
36
40
4,471
4,462
4,475
4,487
May5
May 12
May 19 .
May 26
779
907
818
810
857
850
854
861
20,382
20,524
20,375
20,366
9,016
9,038
9,033
9,063
9,627
9,780
9,684
9,704
168
165
167
169
167
154
141
140
3,133
3,139
3,094
3.060
38
37
37
39
June 2
June 9
June 16
June 23
June 30 .
864
734
965
783
922
860
857
837
867
835
20,289
20,175
20,527
20,306
20,339
8,915
9,005
8,979
9,037
8,944
9,603
9,576
9,766
9,644
9,670
176
163
178
176
196
119
99
258
260
258
3,106
3,043
3,037
2,939
2,956
July 7
July 14
July 21
July 28
829
918
833
776
822
827
820
819
20,204
20,424
20,271
20,197
8,844
8,970
8,947
8,960
9,495
9,708
9,610
9,574
178
180
170
162
229
216
205
206
Aug. 4
Aug. 11
Aug. 18
Aug. 25
766
823
795
740
817
816
819
825
20,173
20,292
20,280
20,164 ,
8,899
8,946
8,932
8,901
9,499
9,605
9,567
9,489
166
164
160
152
Sept. 1
Sept. 8
Sept. 15
Sept. 22
Sept. 29
823
782
968
831
824
835
829
819
819
831
20,180
20,163
20,506
20,268
20, 192
8,864
8,812
8,899
8,823
8,779
9,513
9,426
9,672
9,464
9,442
801
1,099
877
796
830
844
851
853
20,216
20,623
20,311
20,155
8,720
8,853
8,842
8,863
821
787
879
778
847
810
823
827
20,127
20,083
20,234
20,068
863
704
926
825
859
830
830
826
820
800
834
806
828
854
828
853
839
781
846
893
816
836
856
870
871
861
856
851
822
819
827
845
827
821
Date or month
Jan. 6
Jan 13
Jan 20
Jan. 27
1937
Oct. 6
Oct. 13
Oct. 20
Oct. 27
Nov.f3
Nov. 10
Nov. 17
Nov. 24
Dec. 1
Dec 8
Dec. 15
Dec. 22
Dec 29
_
Monthly averages:
January
February
March
April
May
June
,July
August
September
October
November
December
_
Domestic
Total,
except
interforeign bank
Do- Foreign
mestic
Borrow- Other Capital
ings liabiliacties
counts
1
478
493
493
511
2,099
2,094
2,096
2,097
3
505
518
513
516
2,091
2,093
2,093
2,097
1
1
1
1
2
2
1
1
4
6
507
526
527
536
531
2,101
2,104
2,107
2,109
2,109
124
121
117
116
2
2
2
2
2
5
1
3
527
529
525
539
2,107
2,109
2,111
2,111
4,491
4,497
4,501
4,501
108
107
105
105
2
1
1
2
9
8
9
4
522
519
520
520
2,117
2,117
2,116
2,122
40
40
39
40
38
4,504
4,509
4,507
4,511
4,517
100
100
99
105
103
2
2
1
2
2
4
2
5
7
506
515
510
500
479
2,129
2,126
2,127
2,122
2,120
3,052
3,076
3,048
3,003
43
42
41
44
4,507
4,509
4,508
4,509
103
102
100
99
2
3
3
4
5
7
3
7
467
459
461
466
2,123
2,122
2,122
2,123
224
240
248
252
3,029
3,025
3,048
2,965
43
42
45
45
4,512
4,510
4,507
4,550
97
96
96
107
3
4
4
4
14
14
15
12
465
467
464
460
2,121
2,125
2,126
2,128
174
168
195
190
161
257
262
260
278
292
2,915
2,984
3,049
2,996
2,967
46
44
41
42
42
4,554
4,559
4,558
4,561
4,556
110
110
114
114
111
3
3
4
3
4
7
3
3
6
4
469
471
476
476
475
2,132
2,133
2,134
2,138
2,138
9,366
9,792
9,545
9,503
155
160
174
156
292
270
229
214
3,074
3,086
3,033
2,949
37
38
38
36
4,557
4,550
4,551
4,540
114
112
113
110
3
3
3
3
3
3
4
6
478
472
482
497
2.137
2,137
2,139
2,141
8,798
8,807
8,779
8,824
9,462
9,399
9,505
9,446
157
195
153
156
202
188
188
190
2,975
2,973
3,051
2,954
36
35
34
35
4,542
4,543
4,545
4,531
111
112
112
110
3
4
4
3
7
2
4
3
491
490
494
496
2,141
2,142
2,144
2,144
20,131
19,957
20,347
20,128
20,185
8,810
8,790
8,849
8,691
8,700
9,472
9,320
9,590
9,360
9,393
201
174
185
156
166
188
189
320
325
327
2,966
2,949
2,942
2,961
2,976
35
35
35
37
36
4,512
4,521
4,530
4,536
4,545
109
111
111
109
109
3
3
2
2
3
6
6
3
4
5
491
498
482
492
483
2,148
2,151
2,147
2,146
2,142
21,116
20,895
20,584
20,574
20,412
20,326
20,274
20,227
20,262
20,326
20,128
20,149
9,112
9,115
8,937
8,964
9,038
8,976
8,930
8,920
8,836
8,820
8,802
8,768
9,756
9,746
9,581
9,636
9,699
9,651
9,597
9,540
9,503
9,551
9,453
9,427
189
175
185
181
167
178
173
161
178
161
166
176
430
271
238
207
151
199
214
240
270
252
192
269
3,532
3,462
3,313
3,275
3,106
3,016
3,044
3,017
2,982
3,035
2,988
2,959
35
35
36
37
38
39
43
44
43
37
35
36
4,451
4,463
4,462
4,474
4,497
4,510
4,508
4,519
4,557
4,550
4,540
4,529
132
134
133
120
106
101
101
99
112
112
111
110
1
2
2
2
1
3
4
4
3
4
3
1
1
3
3
494
513
525
530
521
502
463
464
473
482
492
489
2,096
2,094
2,106
2,109
2,118
2,125
2,122
2,125
2,135
2,139
2,142
2,147
5
4
6
14
5
4
5
4
BANKING AND MONETARY STATISTICS
220
NO. 50-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITY[Wednesday figures. In millions of dollars]
|
Investments
Loans
Total
Total
13,473
13,481
13,433
13,418
5,809
5,782
5,745
5,721
2,771
2,761
2,732
2,709
274
274
278
283
166
160
158
155
414
412
409
405
1,035
1,035
1,034
1,034
31
29
29
29
1,118
1 111
1,105
1, 106
7,664
7,699
7,688
7,697
5,754
5,776
5,760
5,769
5,004
5,028
5,022
5,026
750
748
738
743
1,910
1,923
1,928
1,928
2,887
2,940
2,929
2,966
266
274
251
253
1,845
1,886
1,950
1,979
13,411
13,408
13,394
. . 13,341
5,696
5,681
5,677
5,654
2,691
2,693
2,686
2,680
280
279
276
273
151
142
159
153
406
404
403
402
1,034
1,034
1,032
1,034
29
27
27
27
1,105
1,102
1,094
1,085
7,715
7,727
7,717
7,687
5,785
5,796
5,782
5,759
5,042
5,051
5,037
5,020
743
745
745
739
1,930
1,931
1,935
1,928
2,910
2,941
2,927 i
2,932
228
2o2
231
259
1,945
1,907
1,971
1,976
Date or month
Jan. 5
Jan 12
Jan. 19
Jan 26
ReBalserves
with Cash ances
with
Fedin
Other eral vault dosecu- Re- i
mestic
Direct Guar- rities serve :
banks
anteed
3anks
For
Compurchasing
meror carrying
cial, Open
securities
To
Real
indus- marestate banks Other
To
trial
ket
and paper brokagriers
To
and others
culdealtural
ers
Total
loans
and
investments
1938
Feb. 2
Feb. 9
Feb 16
Feb. 23
U. S. Government
obligations
Total
Mar.
Mar.
Mar.
Mar.
Mar
2
. .
9
16
23 . ._„• ...
30
13,398 5,652
13,395 5,653
13,420 5,646
13,328 1 5,618
13,234 5,613
2,667
2,655
2,663
2,649
2,650
271
273
273
270
268
161
181
156
146
138
401
400
400
400
400
1,032
1,030
1,030
1,030
1,031
28
27
28
32
30
1,092
1,087
1,096
1,091
1,096
7,746
7,742
7,774
7,710
7,621
5,805
5,800
5,823
5,762
5,671
5,066
5,065
5,086
5,025
4,949
739
735
737
737
722
1,941
1,942
1,951
1,948
1,950
,915
,947
,909
,835
,797
231
253
235
267
275
1,970
1,962
1,975
1,876
1,822
Apr.
Apr.
Apr.
Apr.
6
„ »
13 ....
20
27 ... . .._
13,226
13,195
13,128
13,139
5,574
5,535
5,495
5,500
2,632
2,608
2,582
2,580
262
260
253
249
134
133
128
136
395
392
389
387
1,029
1,028
1,030
1,031
30
28
27
25
1,092
1,086
1,086
1,092
7,652
7,660
7,633
7,639
5,705
5,709
5,688
5,683
4,972
4,973
4,947
4,948
733
736
741
735
1,947
1,951
1,945
1,956
,870
,922
,973
,990
274
289
280
319
1,S63
1 , 985
2,121
2,186
May
May
May
May
4
11
18
25
13,140
13,116
13,117
13,097
5,461
5,433
5,410
5,388
2,551
2,534
2,512
2,485
246
242
239
233
131
127
128
131
386
383
383
383
1,032
1,034
1,039
1,038
27
28
28
29
1,088
1,085
1,081
1,089
7,679
7,683
7,707
7,709
5,722
5,725
5,753
5,746
4,941
4,941
4,954
4,950
781
784
799
796
1,957
1,958
1 954
1,963
3,017
3,044
3,088
3,094
311
340
329
352
2,201
2,210
2,244
2,252
--- 13,054
., „ 12,997
13,073
12,988
13,009
5,370
5,381
5,352
5,305
5,321
2,465
2,451
2,444
2,415
2,432
231
228
223
218
211
131
159
141
125
132
380
382
384
383
382
1,038
1,041
1,039
1,040
1,042
29
28
28
29
27
1,096
1,092
1,093
1,095
1,095
7,684
7,616
7,721
7,683
7,688
5,717
5,641
5,726
5,689
5,695
4,918
4,850
4,927
4,871
4,885
799
791
799
818
810
1,967
1,975
1,995
1,994
1,993
3,038
3,264
3,231
3,229
3,235
333
352
336
347
359
2,292
2,308
2,373
2,338
2,344
June 1 ^ June 8
June 15
June 22
June 29
July 6
July 13 ..
July 20
July 27 ..
.
12,982
... 13,019
13,081
. ... 13,066
5,284
5,299
5,298
5,282
2,417
2,421
2,427
2,419
205
203
201
203
124
142
"137
126
382
385
384
384
1,039
1,040
1,042
1,044
28
25
27
28
1,089
1,083
1,080
1,078
7,698
7,720
7,783
7,784
5,698
5,711
5,750
5,742
4,883
4,893
4,881
4,872
815
818
869
870
2,000
2,009
2,033
2,042
3,300
3,325
3,265
3,289
350
363
340
353
2,356
2,385
2,352
2,353
Aug.
Aug.
Aug
Aug.
Aug,
3
10
17
24
31
...... 13,072
13,084
13,090
13,100
13,110
5,288
5,284
5,281
5,266
5,263
2,422
2,429
2,430
2,410
2,407
204
204
204
203
203
128
123
124
129
129
382
383
382
382
382
1,043
1,041
1,042
1,040
1,042
28
27
26
27
25
1,081
1,077
1,073
1,075
1,075
7,784
7,800
7,809
7,834
7,847
5,742
5,753
5,748
5,760
5,780
4,877
4,889
4,893
4,904
4,920
865
864
855
856
860
2,042
2,047
2,061
2,074
2,067
3,257
3,249
3,229
3,264
3,260
330
343
332
345
334
2,330
2,296
2,367
2,350
2,387
Sept 7
Sept. 14
Sept 21
Sept. 28
13,132
13,191
13,400
13,401
5,268
5,310
5,309
5,307
2,422
2,440
2,442
2,446
198
199
201
202
126
138
133
132
382
383
383
381
1,041
1,043
1,041
1,042
24
23
25
24
1,075
1,084
1,084
1,080
7,864
7,881
8,091
8,094
5,793
5,801
5,995
5,988
4,930
4,925
5,126
5,122
863
876
869
866
2,071
2,080
2,096
2,106
3,293
3,274
3,123
3,138
346
362
353
364
2,398
2,425
2,277
2,263
Oct.
Oct.
Oct
Oct
13,433
13,496
13,519
13,608
5,324
5,347
5,338
5,378
2,443
2,463
2,455
2,463
134
205
140
203
204 . 133
157
204
381
382
380
375
1,042
1,042
1,045
1,046
24
21
18
19
1,095
1,096
1,103
1,114
8,109
8,149
8,181
8,230
6,018
6,040
6,070
6,117
5,145
5,162
5,187
5,236
873
878
883
881
2,091
2,109
2,111
2,113
3,207
3,219
3,281
3,296
351
368
363
375
2,308
2,332
2,423
2,418
13,611
13,599
13,599
13,625
_ 13,616
5,359
5,367
5,368
5,363
5,355
2,459
2,472
2,474
2,461
2,442
206
203
208
205
203
150
143
139
137
141
372
371
369
367
370
1,045
1,047
1,047
1,049
1,050
24
25
22
24
22
1,103
1,106
1,109
1,120
1,127
8,252
8,232
8,231
8,262
8,261
6,120
6,104
6.101
6,127
6,126
5,230
5,218
5,221
5,249
5,253
890
886
880
878
873
2,132
2,128
2,130
2,135
2,135
3,295
3,249
3,258
3,238
3,258
358
388
370
372
379
2,388
2,356
2,445
2,383
2,390
13,604
13,628
13,887
13,848
5,380
5,408
5,433
5,414
2,457
2,464
2,473
2,466
201
201
198
196
151
163
164
167
370
369
367
361
1,047
1,048
1,050
1,050
23
23
22
21
1,131
1,140
1,159
1,153
8,224
8,220
8,454
8,434
6,100
6,089
6,325
6,312
5,224
6,219
5,452
5,440
876
870
873
872
2,124
2,131
2,129
2,122
3,330
3,344
3,165
3,146
392
413
415
419
2,416
2,445
2,314
2,337
13,451 5,764
13,388 5,676
13,355 •5,637
13,172 5,526
13,118 5,423
13,025 5,346
„ 13,038
5,291
13,091 5,277
13,281 5,299
13,514 5,347
13,610 5,362
13,741 5,409
2,743
2,687
2,658
2,601
2,520
2,442
2,421
2,420
2,438
2,457
2,462
2,464
277
277
271
256
241
223
203
204
200
204
205
199
160
151
156
133
129
137
132
126
132
141
142
162
410
404
399
391
384
382
383
382
383
379
370
367
1,035
1,034
1,030
1,029
1,036
1,040
1,041
1,042
1,042
1,044
1,047
1,049
29
27
30
27
28
28
28
27
24
20
23
23
1,110
1,096
1,093
1,089
1,085
1,094
1,083
1,076
1,080
1,102
1,113
1.145
7,687
7,712
7,718
7,646
7,695
7,679
7,747
7,814
7,982
8,167
8,248
8,332
5,765
5,780
5,771
5,696
5,737
5,694
5,726
5,756
5,894
6,061
6,116
6,206
5,020
5,037
5,038
4,960
4,947
4,891
4,882
4,896
5,026
5,182
5,235
5,333
745
743
733
736
790
803
844
860
868
879
881
873
1,922
1,932
1,947
1,950
1,958
1,985
2,021
2,058
2,088
2,106
2,132
2,126
2,931
2,927
2,880
2,939
3,060
3,199
3,295
3,251
3,207
3,251
3,260
3,246
261
243
252
291
334
345
351
337
357
364
373
410
1,915
1,951
1,922
2,039
2,226
2,331
2,361
2,347
2,340
2,370
2,392
2,378
5
12
19
26
Nov. 2
Nov. 9
Nov. 16
Nov 23
Nov. 30 '
Dec.
Dec,
Dec.
Dec.
7
14
21
28
.
Monthly averages:
January
,
February
March
April
.__
May
June
-<-July
August September
October
November
December
221
REPORTING MEMBER BANKS
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Demand deposits
Time deposits
IndividIndividuals,
Interbank
Cash
Interbank
uals,
Certicorpoitems
Demand corpofied
rations,
Other
Borin
etc., Postal
U.S.
deposits rations, and
rowprocess assets
adjusted etc., officers' GovernStates savings
of
ings
Do- Foreign
Do- Foreign and
States checks, ment
Total
collecand
mestic
etc.
liabilities
mestic
political
tion
political
subdivisubsions
divisions
Total
assets
Date or month
1938
CapOther ital
liabili- acties counts
788
755
734
656
792
800
798
809
20,051
20,136
20,095
20,081
8,555
8,678
8,665
8,714
9,167
9,284
9,239
9,227
176
149
160
143
314
311
302
302
3,080
3,072
3,087
3,081
34
38
35
35
4,553
4,544
4,539
4,543
20
18
19
19
110
109
115
115
3
2
2
3
1
Feb. 2
Feb 9
Feb 16
Feb 23
681
603
784
733
804
843
844
843
19,979
19,954
20,151
20,084
8,612
8,674
8,638
8,675
9,138
9,145
9,273
9,265
155
132
149
143
296
296
295
295
3,076
3,056
3,125
3,052
35
32
32
41
4,556
4,557
4,557
4,560
18
18
19
20
115
115
112
114
3
2
1
2
2
2
Mar.
Mar
Mar.
Mar
Mar.
2
9
16
23
30
743
636
,762
649
647
854
857
799
794
809
20,111
20,050
20,100
19,749
19,584
8,559
9,582
8,501
8,335
8,168
9,140
9,074
9,091
8,848
8,661
162
144
172
136
154
329
364
381
390
408
3,133
3,112
3,110
3,026
3,007
37
37
38
39
42
4,570
4,569
4,559
4,566
4,555
20
19
19
19
18
114
117
117
116
117
3
2
2
2
Apr.
Apr
Apr.
Apr
6
13
20
27 •
672
753
716
684
817
808
793
805
19,722
19,952
20,011
20,123
8,261
8,417
8,427
8,528
8,785
9,025
8,974
9,045
148
145
169
167
405
405
405
406
3,057
3,059
3,137
3,169
37
39
37
39
4,554
4,544
4,546
4,555
19
18
19
19
117
114
113
114
1
3
2
2
May
May
May
May
4
11
18
25
676
705
684
626
829
805
812
819
20,174
20,220
20,274
20,240
8,503
8,561
8,594
8,635
9,020
9,117
9,132
9,113
159
149
146
148
403
398
399
398
3,253
3,214
3,260
3,242
39
37
40
37
4,566
4,556
4,558
4,560
17
18
18
18
108
111
110
111
2
2
2
2
June 1
June 8
June 15
June 22
June 29
775
682
820
668
692
822
846
856
855
789
20,314
20,449
20,695
20,425
20,428
8,488
8,718
8,805
8,749
8,759
9,061
9,239
9,456
9,272
9,293
202
161
175
145
158
398
392
387
373
356
3,331
3,316
3,338
3,282
3,262
37
37
36
36
36
4,559
4,556
4,555
4,565
4,566
16
17
16
18
18
109
108
108
114
116
2
2
2
2
2
2
1
1
1
438
453
462
453
457
2,161
2,166
2,159
2,164
2,163
July 6 .
July 13
July 20
July 27
744
779
706
651
781
783
784
790
20,513
20,654
20,528
20,502
8,686
8,788
8,784
8,882
9,262
9,398
9,325
9,379
168
169
165
154
353
346
339
337
3,412
3,422
3,370
3,310
37
36
35
36
4,560
4,547
4,551
4,542
14
13
13
13
116
114
114
116
2
2
2
2
7
11
5
424
435
436
439
2,165
2,165
2,167
2,169
Aug.
Aug.
Aug.
Aug.
Aug.
689
635
711
606
704
781
785
785
784
794
20,459
20,392
20,514
20,449
20,589
8,763
8,780
8,796
8,872
8,942
9,294
9,271
9,362
9,336
9,487
158
144
145
142
159
331
326
321
317
311
3,376
3,356
3,387
3,339
3,347
37
37
38
40
41
4,544
4,542
4,542
4,545
4,540
12
13
13
13
13
115
112
113
112
111
2
3
3
3
2
1
417
415
415
425
400
2,168
2,173
2,174
2,177
2,178
Sept. 7
Sept. 14
Sept. 2 K _ _
Sept. 28
673
834
729
677
790
801
770
782
20,632
20.887
20,652
20,625
8,886
8,969
8,894
8,946
9,413
9,632
9,467
9,464
146
171
156
159
307
299
423
423
3,459
3,466
3,292
3,261
42
46
49
49
4,545
4,541
4,538
4,528
13
13
13
13
111
112
110
109
2
3
3
2
1
413
426
420
435
2,181
2,178
2,180
2,182
Oct. 5
Oct. 12
Oct. 19
Oct. 26
737
857
781
764
784
789
790
795
20,820
21,061
21,157
21,256
8,930
9,007
9,098
9,263
9,493
9,696
9,718
9,868
174
168
161
159
421
422
423
424
3,404
3,453
3,520
3,473
52
55
53
51
4,536
4,529
4,532
4,526
13
12
13
12
110
110
110
110
2
3
2
2
435
434
445
447
2,180
2,179
2,180
2,184
Nov. 2
Nov. 9
Nov. 16 ,
Nov. 23
Nov. 30
772
805
905
794
815
801
798
801
817
839
21,225
21,195
21,378
21,229
21,297
9,165
9,104
9,099
9,169
9,246
9,771
9,758
9,843
9,793
9,874
166
151
161
170
187
422
421
420
423
419
3,530
3,532
3,615
3,502
3,473
53
53
54
60
60
4,525
4,528
4,525
4,515
4,508
11
11
11
11
12
112
112
113
114
114
4
4
4
3
3
447
434
442
445
453
2,184
2,191
2,190
2,190
2.194
Dec. 7
Dec. 14
Dec. 21
Dec. 28
702
873
837
892
836
844
823
819
21,280
21,547
21,441
21,461
9,250
9,337
9,275
9,216
9,762
10,015
9,931
9,906
190
195
181
202
418
417
518
517
3,528
3,538
3,429
3,429
62
57
58
60
4,510
4,518
4,530
4,547
12
11
12
12
111
112
112
112
4
4
4
4
2
1
489
487
471
476
2,193
2,193
2,193
2,195
Monthly averages:
January
February
March
April
May
June
July
August
September
October
November
December
733
700
687
707
673
729
720
669
728
784
818
826
799
833
823
805
816
833
784
786
786
790
811
831
20,090
20,042
19,919
19,953
20,227
20,462
20,549
20,481
20,699
21,073
21,264
21,432
8,653
8,650
8,429
8,408
8,574
8,704
8.785
8,832
8,924
9,075
9,156
9,270
9,229
9,205
8,963
8,957
9,095
9,264
9,341
9,350
9,494
9,694
9,808
9,903
157
145
153
157
151
168
164
150
158
165
167"
192
307 3,080
295 3,077
375 3,078
406 •3,105
399 3,242
381 3,306
344 3,378
322 3,361
363 3,369
422 3,463
421 3,531
467 3,481
35
36
38
39
38
36
36
39
47
53
56
59
4,545
4,558
4,564
4,550
4,560
4,560
4,550
4,543
4,538
4,531
4,520
4,527
19
19
19
19
18
17
13
13
13
12
H
12
112
114
116
115
110
2
1
2
1
2
3
3
2
2
1
2
6
2
2
1
2
2
4 ......
4
461
453
464
456
455
453
433
414
424
440
444
481
2,142
2,137
2,144
2,144
2,157
2,163
2,167
2,174
2,180
2,181
2,189
2,193
Jan 5
Jan 12
Jan 19
Jan. 26
--
- .,
3
10
17
24
31
in
115
112
111
110
113
112
1
5
11
4
3
7
454
465
456
468
2,139
2,144
2,141
2,144
450
462
451
452
2,135
2,137
2,137
2,140
461
469
463
463
466
2,142
2,143
2,143
2,144
2,144
452
455
457
459
2,143
2,142
2,145
2,148
457 2,150
464 2,154
449 2,160
448 2,163
5
3
1
BANKING AND MONETARY STATISTICS
222
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITY[Wednesday figures. In millions of dollars]
Loans
Date or
month
1939
4
11
18
25
Investments •
For
Compurchasing
merTotal
cial, Open or carrying
loans
securities
Real To
indus- marand
To
estate1 banks Other
invest- Total trial ket
and paper brokments
ers
To
agriand others
culdealtural
ers
U. S. Government obligations
Total
Direct
Total
Total
Bills Notes Bonds
2
13,819
13,808
13,824
13,839
5,389
5,359
5,338
5,335
2,449
2,437
2,418
2,411
196
194
198
200
167
160
151
154
358
356
354
350
1,048
1,052
1,054
1,057
21
21
22
22
1,150
1,139
1,141
1,141
8,430
8,449
8,486
8,504
6,317
6,343
6,376
6,386
Fob 1
Fob. 8
Fob 15
Fob. 21
13,855
13,792
13,883
13,873
5,332
5,278
5,288
5,285
2,411
2,394
2,403
2,405
199
199
196
197
150
150
153
150
348
347
346
341
1,058
1,029
1,026
1,027
21
20
21
20
1,145
1,139
1,143
1,145
8,523
8,514
8,595
8,588
6,411
6,423
6,508
6,504
5,525
5,538
5,561
5,555
Mar.
Mar
Mar.
Mar.
Mar.
!„...._
8
15_ —
22......
2f»~—-
13,839
13,814
13,865
13,800
13,084
5,287
5,300
5,318
5,313
5,327
2,410
2,408
2,428
2.439
2,454
191
191
193
191
187
152
165
160
150
153
337
340
339
340
341
1,028
1,027
1,028
1,028
1,028
18
17
16
15
17
1,151
1,152
1,154
1,150
1,147
8,552
8,514
8,547
8,487
8,357
6,486
6,441
6,471
6,410
6,277
5,530
5,472
5,485
5.426
5,305
Apr. 5 _ _ . _ —
Apr. 12......
Apr. 19......
Apr. 26 .....
13,715
13,694
13,743
13,716
5,336
5,337
5,332
5,323
2,466
2,466
2,476
2,468
188
189
188
187
148
144
139
138
344
343
342
340
1,032
1,033
1,035
1,036
14
13
12
13
1,144
1,149
1,140
1,141
8,379
8,357
8,411
8,393
6,300
6,258
6,264
6,247
5,310
'5,270
15,277
'• 5,261
May 3. ......
May 10
May 17—
May 24
May 31 —
13,745
13,763
13,752
13,733
13,680
5,336
5,335
5,326
5,330
5,328
2,466
2,474
2,476
2,465
2,458
184
180
181
186
183
146
146
144
152
153
342
341
340
342
339
1,037
1,038
1,039
1,043
1,045
13
14
13
14
14
1,148
1,142
1,133
1,128
1,136
8,409
8,428
8,426
8,403
8,352
6,2iO
6,206
6,294
6,267
6,220
13,743
June 7
June 14 .... 13,788
June 21.. — . 13,788
June 28....... 13,818
5,335
5,337
5,324
5,346
2,464
2,457
2,451
2,449
185
184
178
184
146
150
144
152
340
339
341
342
1,043
1,047
1,046
1,048
14
13
13
11
1,143
1,147
1,151
1,160
8,408
8,451
8,464
8,472
July 5
July 12
July 19.,.,.._.
July 2G.__—
13,864
13,883
13,933
13,953
5,371
5,373
5,384
5,397
2,467
2,478
2,488
2,485
188
193
193
194
155
148
143
158
342
340
341
340
1,045
1,048
1,049
1,050 •
11
9
11
11
1,163
1,157
1,159
1,159
Aug. 2 _ . _ _ _ _ _
Aug. 9
AUK- 16—..
Aug. 23 .
Aug. 30
13,935
13,942
13,951
14,000
14,063
5,360
5,349
5,340
5,352
5,353
2,449
2,453
2,441
2,442
2,451
196
196
196
195
197
154
147
151
150
141
340
336
335
335
336
1,052
1,054
1,054
1,055
1,056
10
10
10
11
10
Sept. 6 _
Sept. 13.__ —
Sept. 20.,. — _
Sept. 27....—
14,048
14,028
13,946
13,042
5,413
5,457
5,463
5,479
2,502
2,544
2,561
2,577
199
203
200
199
141
138
127
127
336
335
332
333
1,056
1,060
1,063
1,063
Oct. 4..— — 13,973
Oct. 11.,..— 14,060
Oct. 18. ..... 14,056
Oct. 25....... 14,043
5,500
5,527
5,532
5,543
2,596
2,623
2.624
2,629
201
202
203
203
126
119
118
126
332
333
331
331
Nov. 1 _
Nov. 8
14,049
14,064
Nov. 16— 14,156
Nov. 22 ...14,162
14,161
Nov. 29
5,566
5,582
5,606
5,614
5,634
2.638
2,658
2,680
2,678
2,677
200
201
202
201
200
131
127
125
126
141
6 _ _ _ _ _ . _ 14,159
14,295
13
20 . ... 14,309
27..— . 14,420
5,643
5,706
5.728
5,699
2,675
2,705
2,709
2,711
201
204
208
208
143
180
186
164
2
5,441
5,464
5,497
5,516
Jan
Jan
Jan
Jan
Dec.
Dec.
Dee.
Dec.
876
879
879
870
2,113
2,106
2,110
2,118
3,200
3,252
3,237
3,228
390
395
370
373
329 1,578 3,631
327 1,605 3,629
327 1,622 3,606
886
885
947
949
2,112
2,091
2,087
2,084
3,126
3,132
3,010
3,015
344
369
357
359
308 1,642 3.580
342 1,564 3,566
382 ,286 3,817
346 ,250 3,830
218 ,254 3,833
956
969
986
984
972
2,066
2,073
2,076
2,077
2,080
3,053
3,150
3,163
3,097
3,125
340
367
352
363
369
218
204
187
176
,252
,254
,276
,298
3,840
3,812
3,814
3,787
990
988
987
986
2,079
2,099
2,147
2,146
3,165
3,333
3,363
3,426
358
377
363
375
5,294
5,309
5,295
5,251
5,209
235
244
244
229
186
,296
,311
,308
,305
,309
3,763
3,754
3,743
3,717
3,714
9S6
987
999
,016
,011
2,129
2,132
2,133
2,136
2,132
3,445
3,449
3,471
3,494
3,473
366
374
364
373
367
6,277
6,311
6,317
6,312
5,218
5,257
5,255
5,251
236
256
267
259
,293
,296
,302
,301
3,689
3,705
3,686
3.691
,059
,054
,062
,061
2,131
2,140
2,147
2,160
3,575
3,600
3,589
3,615
376
385
373
387
8,493
8,510
8,549
8,556
6,345
6,369
6,410
6,415
5,289
5,309
5,351
5,353
302
310
333
318
,302
,308
,314
,320
3,685
3.691
3,704
3,715
,056
,060
,059
,062
2,148
2,141
2,139
2,141
3,592
3,664
3,662
3.678
372
397
377
385
1,159
1,153
1,153
1,164
1,162
8,575
8,593
8,611
8,648
8,710
6,428
6,439
6,450
6,479
6,549
5,314
5,313
5,319
5,346
I 5,410
279
274
275
286
308
1,314
1,320
1,325
1,319
1,335
3,721 ,114 1 2,147
3,719 ,126 i 2, 154
3,716 I ,131 ! 2,161
3,741 ,133 2,169
3,767 ,139 2,161
3,731
3,786
3,772
3,799
3,748
362
384
366
383
394
13
9
10
10
1,166
1,168
1,170
1,170
8,635
8,571
8,483
8,463
6,491
6,422
6,334
6,321
5,365
5,298
5,211
5,209
279
249
176
164
1,338
1,341
1,342
1,350
3,748
3,708
3,693
3,695
,120
,124
,123
,112
2,144
2,149
2,149
2,142
3,821
3,987
1 4,087
4,154
386
410
394
406
1,062
1,065
1,067
1,066
10
10
11
9
1,173
1,175
1,178
1,179
8,473
8,533
8,524
8,500
6,335
6,389
6,373
6,350
5,223
5,274
5,269
5,243
172
211
213
218
1,344
1,352
1,350
1,331
3,707
3,711
3,706
3,694
,112
,115
,104
,107
2,138
2,144
2,151
2,150
4,175 ,' 393
4,212 ! 403
4,303
403
4,333 : 409
332
330
329
329
330
1,070
1,070
1,072
1,074
1,075
12
11
10
10
10
1,183
1,187
1,188
1,196
1,201
8,483
8,482
8,550
8,548
8,527
6,337
6,330
6,397
6,394
6,357
5,226
5,212
5,208
15,199
;S,163
205
187
179
176
146
1,324
1,325
1,333
1,325
1,320
3,697
3,700
3,696
3,698
3,697
,111
,118
,189
,195
,194
2,146
2,152
2,153
2,154
2,170
4,325 ' 384
4,366 i 415
4,249
399
400
4,281
! 4,278 417
331
329
331
327
1,075
1,076
1,076
1,077
11
9
9
8
1,207
1,203
1,209
1,204
8,516
8,589
8,581
8,721
6,346
6,422
6,409
6,559
5,153
5,238
5,229
5,376
155
149
155
230
1,316
1,297
1,273
1,049
3,682 ,193 2,170
3,792 ,184 2,167
3,801 1.180 2,172
4,097 1,183 2,162
Monthly
averages:
355 1,053
158
197
January. _. 13,823 5,356 2,429
151 346 1,035
198
February _ _ 13,851 5,296 2,403
156
339 1,028
190
2,428
March..... 13,801 5,309
142
342 1,034
188
13,717 5,332 2,469
April
341 1,040
183
149
5,332 2,467
May
13,735
340 1,046
148
183
13,784 5,336 2,455
June
192
151 341 1,048
July . ... 13,908 5,381 2,480
337 1,054
149
196
13,978 5,351 2,447
August
133 334 1,061
200
September. 13,991 5,453 2,546
332 1,065
122
202
14,033 5,526 2,618
October
330 ,073
130
200
November. 14,119 5,601 2,666
330 ,076
169
205
December . 14,296 5,694 2,700
1
For minor revisions in reporting of "real estate loans" and
2 Not reported separately prior to February 8, 1939.
Reserves
with Caah
*
Fed- in
Other er&l vault
secu- ReGuar- rities i serve
anteed
Banks
21 1,143 8.467 6,356
20 1,143 8,555 6,461
17 1,151 8,492 6,417
13 1,144 8,385 6,267
14 1,138 8,403 6,271
13 1,151 8,448 6,303
10 1,159 8,527 6,385
10 1,158 8,627 6,468
11 1,168 8,538 6,392
10 1,177 8,507 6,361
11 1,191 8,518 6,363
9 1.205 8,602 6,434
'other securities" effective
;
5,480
876 2,111
5,544
917 2,094
5,443 "§19" i~399" Sim" 974 : 2,075
5,279
196 1,270 3,813
988 i 2,118
5,272
228 1,306 3,738
999 2,132
5,244
254 1,298 3,692 ,059 2,145
5,325
315 1,311 3,699 ,060 2,142
5,340
283 1,323 3,734 1 ,128 2,159
5,271
217 1,343 3,711
,121 2,146
5,252
203 1,344 3,705 ,109 2,146
5,202
178 1,326 3,698 ,161 2,155
5.249
173 ! 1.233 3,843 ,185 2,168
February 8, 1939, see introductory text,
4,296
4,262
4,336
4,182
419
445
444
455
3,229
3,070
3,118
3,322
3,466
3,594
3,650
3,767
4,012 !
4,256 i
4,299
4,209
p. 129.
382
358
358
368
367
380
383
377
399
402
403
441
REPORTING MEMBER BANKS
223
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Demand deposits
Date or
month
Total
Caah
Indiassets
Bal- items
De- viduals, States, Certiin
ances
and fied
mand partr
with proc- Other
deposits ner- polit- and
ess assets
doadshipa, ical
offimestic of
Total j us ted corpo- sub- 'cers'
banks collecrations, divi-2 checks,
liabilition
etc.2 sions etc.
ties
Time deposits
Interbank
U.S.
Government
Do- Formestic eign
1939
4
11
18
25
2,486
2,450
2,510
2,506
912
779
775
693
805
817
820
821
21,612
21,501
21,536
21,460
9,271
9,336
9,331
9,355
9,£ 71
9,£ 52
9,£ 32
9,5 86
212
163
174
162
513
516
513
514
3,575
3,520
3,577
3,547
57
59
58
60
Feb. 1
Feb. 8
Feb 15
Feb. 21 . ...
2,520
2,439
2,449
2,468
756
648
861
740
830
862
866
863
21,431
21,242
21,426
21,318
9,271
9,189
9,142
9,191
9,8 51
8,562 1,121
8,790 1,052
8,689 1,087
176
154
161
155
515
514
513
513
3,542
3,530
3,558
3,513
Mar.
Mar.
Mar
Mar,
Mar.
1
8
15
22
29-.----
2,480
2,452
2,569
2,480
2,451
810
675
836
727
688
874
885
889
878
880
21,396
21,343
21,674
21,345
21,197
9,122
9,130
9,205
9,018
8,856
8,664
8,575
8,798
8,486
8,291
1,088
1,070
1,065
1,109
1,095
180
160
178
150
158
513
511
510
509
510
Apr.
Apr.
Apr.
Apr.
2,514
5
12- .... 2,533
2,511
19
26 ... 2,498
750
818
748
720
881
890
885
913
21,383
21,645
21,613
21,648
8,940
9,167
9,251
9,314
8,426
8,741
8,739
8,700
1,100
1,088
1,097
1,174
164
156
163
160
May 3
May 10.
May 17__..
May 24
May 31
2,501
2,493
2,594
2,629
2,620
750
713
793
712
787
943
875
886
888
903
21,740
21,667
21,860
21,829
21,830
9,282
9,259
9,331
9,422
9,351
8,644
8,701
8,859
8,823
8,796
1,221
1,118
1,104
1,142
1,154
June 7
June 14.
June 21
June 28
2,593
2,658
2,673
2,679
710
834
754
753
909
916
910
862
21,906
22,181
22,087
22,114
9,467
9,588
9,598
9,642
8,816
9,086
9,008
9,077
July 5
July 12
July 19
July 26
2,683
2,713
2,691
2,667
821
847
786
729
855
849
861
857
22,187
22.353
22,310
22,269
9,585
9,712
9,732
9,797
Aug.
Aug.
Aug.
Aug.
Aug.
2,720
2,704
2,766
2,762
2,717
780
670
825
708
707
858
860
858
861
863
22,386
22,346
22,538
22,513
22,492
Sept. 6
Sept. 13
Sept. 20
Sept. 27
2,741
2,878
2,947
2,945
762
929
835
795
Oct. 4 _
Oct. 11
Oct. 18
Oct. 25
2,960
2,966
3,012
3,018
Nov.
Nov.
Nov.
Nov.
Nov.
1
8
15
22 ...
29 _ ,.
Dec.
Dec.
Dec.
Dec,
2,950
6
2,991
13
20 -. 2,996
2,980
27
Jan
Jan
Jan.
Jan
2
9 „„..
16
23
30
Individuals,
partnerships,
corporations,
etc.2
States
and
political
subdivi-2
sions
Interbank
U.S.
Government
Do- Forand
postal mestic eign
savings 3
CapBor- Other ital
row- liabili- aoings ties counti
11
12
12
12
112
111
110
111
4
4
5
5
63
4, 555
64 4,354
191
187
60 4,358
60 4,367
185
11
14
14
14
111
115
112
116
6
6
6
5
3,571
3,623
3,708
3,657
3,700
62
63
63
63
67
4,383
4,394
4,388
4,394
4,389
181
185
185
188
189
17
17
17
18
18
114
115
117
120
115
5
6
6
5
6
2
509
510
508
510
3,7.48
3,706
3,670
3,629
71
71
72
72
4,389
4,388
4,390
4,396
187
189
189
205
18
18
18
18
116
. 117
116
117
6
6
5
7
167
153
161
169
188
506
501
495
491
485
3,710
3,697
3,745
3,705
3,726
72
74
71
75
76
4,401
4,403
4,408
4,409
4,408
217
214
208
204
200
18
18
18
18
18
117
117
118
118
119
1,204
1,219
1,189
1,149
157
117
155
169
483
484
486
486
3,767
3,795
3,750
3,734
72
71
73
74
,410
,412
,418
,423
196
186
190
182
15
15
15
16
9,084
9,302
9,286
9,268
1,128
1,086
1,061
1,094
194
171
171
164
484
480
482
480
3,860
3,857
3,845
3,775
77 ,422
78 ,414
71 4,414
76 4,418
173
174
171
171
9,747
9,760
9,766
9,884
9,901
9,207
9,139
9,313
9,307
9,305
1,149
1,132
1,108
1,130
1,139
171
159
170
155
164
482
484
482
479
480
3,897
3,941
3,981
3,946
3,928
73
74
75
74
66
4,422
4,425
4,425
4,427
4,421
870
874
860
859
22,628 9,889
23,106 10,093
23,069 10,084
23,101 10,163
9,371
9,755
9,699
9,717
1,109
1,090
1,052
1,077
171
177
168
164
479
478
479
480
4,040
4,151
4,207
4,191
69
67
72
77
833
914
898
816
860
874
878
874
23,194
23,429
23,550
23,493
10,096
10,237
10,311
10,365
9,701
9,919
9,987
9,927
1,056
1,073
1,038
1,083
172
159
184
171
479
477
476
478
4,322
4,315
4,383
4,343
3,039
889
802
3,018
3,086 1,069
3,000
866
840
2,992
886
892
929
916
927
23,572
23,557
23,888
23,625
23,615
10,344 9,908 1,130
10,395 9,885 1,153
10,348 10,127 1,114
10,460 10,013 1,133
10,513 9,996 1,155
195
159
176
180
202
476
474
473
474
474
782
979
926
990
920
941
927
920
23,526
23,913
23,938
23,875
10,408 9,873 1,123
10,534 10,215 1,090
10,545 10,189 1,090
10,399 10.195 1,000
194
208
192
194
472
519
522
521
4, 541
4, 552
4, 549
4, 550
420
416
413
415
2,196
2,190
2,103
2.198
403
419
418
413
2,198
2,197
2,197
2,199
416
417
435
441
452
2,200
2,207
2,203
2,204
2,204
3
1
438
443
434
444
2.208
2,211
2,212
2,216
6
5
6
6
6
1
2
2
1
3
440
443
443
441
422
2,220
2,221
2,222
2,227
2,220
121
122
120
122
6
6
5
5
1
424
437
445
445
2,234
2,231
2,233
2,232 ,
15
15
15
17
122
127
128
129
6
5
5
5
1
6
12
13
383
401
413
421
2,238
2,237
2,236
2,238
169
167
170
172
173
18
18
18
18
18
128
127
128
128
127
5
5
5
4
4
9
10
7
6
4
419
427
416
425
420
2,237
2,238
2,240
2,242
2.243
,419
,414
,414
,415
166
167
164
163
'16
17
17
18
127
127
126
122
5
4
4
4
1
1
1
1
408
419
427
434
2,247
2,239
2,239
2,238
83
89
86
88
,419
,421
,427
,432
158
159
153
153
17
17
18
16
123
123
122
122
4
4
4
3
1
1
1
421
429
426
430
2,238
2,244
2,245
2,246
4,393
4,414
4,532
4,379
4,328
72
69
63
63
66
,435
,438
,440
,438
,427
143
141
142
142
147
17
17
13
17
17
121
122
121
121
121
4 -.„.._
4
3
1
4
1
1
3
430
427
428
432
448
2,248
2,253
2,252
2,228
2.230
4,401
4,414
4,455
4,458
63 ,420
62 ,418
64 ,419
63 4.433
154
167
180
181
17
16
17
17
121
120
122
120
3
4
3
3
1
1
1
450
447
454
458
2,234
2.232
2,230
2,232
1
2
1
1
3
Monthly
averages:
4, 548
515 3,555
178
9,9 35
4 ...._ 416 2,196
12
111
58
816 21,528 9,324
790
2,488
January
162
9,788
62
4, 549
515 3,536
113
13
855 21,354 9,198
751
February __ 2,469
413 2,198
6
165
186
511 3,652
17
64 4,389
116
747
6
881 21,391 9,066 8,563 1,085
2.486
1- 432 2,294
March
160
510 3,688
192
1 440 2.212
18
71 4,391
892 21,572 9,168 8,652 1,115
2,514
116
759
6
April
167
74 4,406
496. 3,716
118
209
5
18
899 21,785 9,329 8,764 ,148
2,567
2
751
438 2,224
May
150
121
72 4,416
485 3,762
188
15
900 22,072 9,574 8,997 ,190
763
5
2,651
438, 2,233
June
482 3,835
175
172
127
796
16
75 4,417
855 22,280 9,706 9,235 ,092
5 "T 404 2,237
July _ ., 2,688
481 3,939
164
72 4', 424
170
18
861 22,455 9,812 9,255 ,132
2,734
127
738
5
7
August
421 2,240
170
71 4,415
479 4,147
165
17
865 22,976 10,057 9,636 ,082
126
830
September. 2,878
4
1 .422 2,241
171
477 4,341
156
17
87 4,425
122
4
1 426 2i244
865 871 23,416 10,252 9,883 ,062
2 ,.989
October
183 474 4,409
121
143
17
66 4,436
893
November _ 3,027
4
911 23,652 10,412 9,986 ,137
1 433 2,242
197
508 4,432
121
63 4,423
171
919
17
909 23,813 10,471 10,118 ,076
December.. 2,979
3
1 452 2,231
3
U. S. Treasurer's time deposits, open account, are combined with postal savings (time) deposits. Such open accounts were first established
November 1938 but were not segregated from other Government deposits until February or March 1939.
in N
224
BANKING AND MONETARY STATISTICS
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITY[Wednesday figures. In millions of dollars]
Loans
Total
loans
and
investments
Date or
month
1940
Jan 3
Jan. 10
Jan. 17
Jan. 24
Jan. 31
Investments
For
Compurchasing
meror carrying
cial, Open
securities
Real
indus- marTo
ket
To
estate banks Other
Total trial
and paper brokTo
ers
agriand others
culdealtural
ers
U. S. Government obligations
Total
Direct
Total
Total
Bills
Notes Bonds
Reserves
with Cash
Fedin
Other eral vault
secu- ReGuar- rities serve
anteed
Banks
2,681
2,670
2,658
2,650
2,642
204
203
214
216
213
162
150
146
143
139
328
325
323
323
323
1,076
1,075
1,069
1,070
1,071
8
7
7
8
8
1,190
1,188
1,185
1,180
1,177
8,735
8,804
8,821
8,831
8,803
6,597
6,663
6,683
6,672
6,633
5,418
5,478
5,498
5,488
5,459
295
361
431
427
408
1,049
1,063
1,056
1,040
1,030
4,074
4,054
'4,011
4,021
4,021
1,179
1,185
1,185
1,184
1,174
2,138
2,141
2,138
2,159
2,170
4,096
4,188
4,250
4,273
4,254
424
428
397
401
383
Feb. 7., ,.-. 14,409 5,586 2,660
14,417 5,598 2,663
Feb. 14
Feb. 21
14,399 5,608 2,671
14,415 5,619 2,673
Feb. 28..
212
216
219
219
141
146
145
152
322
322
322
318
1,071
1,071
1,072
1,073
6
5
5
6
1,174
1,175
1,174
1,178
8,823
8,819
8,791
8,796
6,668
6,653
6,625
6,633
5,516
5,506
5,472
5,482
467
461
444
446
1,032
1,030
1,021
1,016
4,017
4,015
4,007
4,020
1,152
1,147
1,153
1,151
2,155
2,166
2,166
2,163
4,192
4,251
4,218
4,209
390
404
384
399
2,159
2,170
2,172
2,169
3,213
4,321
4,194
4,237
382
397
386
400
14,384
14,422
14,423
14,421
-. 14,376
5,649
5,618
|5,602
5,590
5,573
Mar,
Mar.
Mar.
Mar.
6
13
20_._.._
27- ..
14,461
14,424
14,362
14,272
5,638
5,636
5,636
5,650
2,691
2,692
2,695
2,704
218
217
223
223
156
155
143
142
318
317
314
314
1,072
1,070
1,072
1,073
6
5
5
6
1,177
1,180
1,184
1,188
8,823
8,788
8,726
8,622
6,664
6,618
6,554
6,453
5,527
5,478
5,421
5,325
482 1,015 '4,030 il,137
493
995 3,990 1,140
460
966 3,995 1,133
342
971 4,012 1,128
Apr.
Apr.
Apr.
Apr.
3.
10
17
24
14,290
14,382
14,424
14,425
5,673
5,675
5,686
5,689
2,721
2,723
2,739
2,730
225
227
221
223
144
141
140
143
314
314
315
314
1,067
1,060
1,064
1,063
7
7
5
6
1,195
1,203
1,202
1,210
8,617
8,707
8,738
8,736
6,444
6,509
6,531
6,520
5,305
5,364
5,383
5,371
333
412
443
433
954
949
948
950
4,018
4,003
3,992
3,988
1,139
1,145
1,148
1,149
2,173
2,198
2,207
2,216
4,236
4,357
4,483
4,534
376
395
381
394
14,421
May 1
May 8.
.. 14,402
14,412
May 15
May 22 .... 14,379
14,305
May 29
5,703
5,696
5,707.
5,693
5,673
2,730
2,728
2,734
2,720
2,709
218
220
220
220
217
150
141
144
141
128
314
313
314
314
322
1,067
1,073
1,071
1,073
1,068
6
7
6
7
7
1,218
1,214
1,218
1,218
1,222
8,718
8,706
8,705
8,686
8,632
6,508
6,489
6,487
6,459
6,385
5,359
5,351
5,359
5,338
5,261
408
409
406
415
340
954
956
953
957
957
3,997
3,986
4,000
3,966
3,964
1,149
1,138
1,128
1,121
1,124
2,210
2,217
2,218
2,227
2,247
4,523
4,616
4,662
4,697
4,743
373
402
395
404
401
14,299
14,354
14,355
14,304
5,675
5,692
5,680
5,682
2,712*
2,709
2,715
2,711
214
214
210
210
125
132
119
119
316
313
310
308
1,074
1,076
1,077
1,080
6
7
7
6
1,228
1,241
1,242
1,248
8,624
8,662
8,675
8,622
6,391
6,407
6,419
6,372
5,269
5,286
5,298
5,255
333
959 3,977
352
962 3,972
376 1,058 3,864
357 1,040 3,858
1,122
1,121
1,121
1,117
2,233
2,255
2,256
2,250
4,838
4,884
4,850
4,940
402
424
.419
421
14,313
.... 14,304
14,343
. 14,489
14,489
5,094
5,697
5,731
5,728
5,729
2,726
2,733
2,753
2,749
2,743
205
206
207
203
205
118
112
121
123
117
305
305
305
307
307
1,077
1,078
1,083
1,083
1,087
7
7
7
7
9
1,256
1,256
1,255
1,256
1,261
8,619
8,607
8,612
8,761
8,760
6,391
6,378
6,383
6,535
6,527
5,276
5,249
5,254
5,404
5,398
388
362
366
405
402
1,048
1,047
1,049
1,042
1,047
3,840
3,840
3,839
3,957
3,949
1,115
1,129
1,129
1,131
1,129
2,228
2,229
2,229
2,226
2,233
4,915
4,941
5,066
4,891
4,900
395
429
409
418
399
Aug. 7
Aug. 1 4 . _ _ _ . _
Aug. 21
Aug 28
14,574
14,601
14,580
14,589
5,726
5,752
5,758
5,772
2,738
2,758
2,764
2,772
207
212
212
217
109
106
104
104
307
305
307
305
1,088
1,089
1,091
1,091
9
11
10
9
1,268
1,271
1,270
1,274
8,848
8,849
8,822
8,817
6,603
6,602
6,573
6,567
5,403
5,397
5,363
5,357
397
404
392
388
1,056
1,053
1,054
1,051
3,950
3,940
3,917
3,918
1,200
1,205
1,210
i 1,210
2,24,5
2,247
2,249
2,250
4,832
4,860
4,928
4,979
408
420
410
423
Sept. 4
Sept. 11
Sept. 18
Sept. 25 ...
14,589
14,616
14,593
14,570
5,801 2,789
5,839 2,829
5,859 2,828
5,861 2; 822
217
220
222
221
109
107
109
114
301
297
298
299
1,095
1,096
1,098
1,100
10
7
9
8
1,280
1,283
1,295
1,297
8,788
8,777
8,734
8,709
6,559
6,546
6,494
6,465
5,348
5,333
5,287
5,270
382
380
354
345
1,048
1,045
1,046
1,042
3,918
3,908
3,887
3,883
1,211
1,213
1,207
1,195
2,229
2.231
2,240
2,244
5,017
5,080
5,073
5,142
407
432
420
424
Oct.
Oct.
Oct.
Oct.
Oct.
14,642
14,727
14,794
14,838
14,924
5,915
5,954
5,997
6,003
6,020
2,863
2,891
2,922
2,928
2,946
218
221
223
222
225
122
121
130
123
120
299
299
300
298
298
1,100
1,101
1,101
1,104
1,105
8
9
9
8
8
1,305
1,312
1,312
1,320
1,318
8,727
8,773
8,797
8,835
8,904
6,490
6,531
6,542
6,562
6,635
5,313
5,355
5,370
5,387
5,459
336 1,058 3,919 1,177 2,237 5,180
869 4,146 1,176 2,242 5,205
340
865 4,149 1,172 2 255 5,294
356
867 4,153 ! 1,175 2,273 5,313
367
422
871 4,166 i 1,176 2,269 5,283
404
427
409
432
43ft
Nov.
Nov.
Nov.
Nov.
14,971
6.,,
13
_. 15,072
20 .. 15,091
15,059
27
6,066
6,128
6,151
6,146
2,984
3,029
3,043
3,043
225
223
219
217
124
132
131
128
295
298
296
297
1,105
1,111
1,109
1,111
7
6
14
14
1,326
1,329
1,339
1,336
8,905 6,633
8,944 6,663
8,940 1 6,648
6,632
8,913
5,453
5,486
5,469
5,455
422
419
419
430
870
896
897
901
4,161
4,171
4,153
4,124
1,180
1,177
1,179
1,177
2,272
2,281
2,292
2,281
5,205
5,252
5,263
5,324
430
454
427
448
Dee.
Dee.
Dec.
Dec.
Dec.
4
11
18
24
31_...._
15,148
15,188
15,270
15,281
15,229
6,176
6,230
6,242
6,261
6,269
3,057
3,089
3,098
3,105
3,111
216
215
213
212
208
132
149
158
158
165
296
295
295
294
294
1,112
1,114
1,114
1,116
1,117
17
16
14
14
13
1,346
1,352
1,350
1,362
1,361
8,972
8,958
9,028
9,020
8,960
5,496
5,480
5,551
5,545
5,495
467
462
459
451
408
898
892
963
970
960
4,131
4,126
4,129
4,124
4,127
1,169
1,171
1,168
1,173
1,169
2,307 5,254
2,307, 5,260
2,309 5,074
2,302 5,070
2,296 ; 5,048
439
476
473
466
444
June 5
June 12.. ...
June 19
June 26_._...
July 3
July 10
July 17
July 24
July 31
2._____._
9
16
23
30
Monthly
averages:
January __._
February..
March.....
April
May
June
July
August
September.,
October
November.
December .
6,665
6,651
6,719
6,718
6,664
:
i
14,405
14,410
14,380
14,381
14,383
14,328
14,387
14,586
14,592
14,785
15,049
15,223
5,607
5,602
5,640
5,681
5,694
5,683
5,716
5,752
5,840
5,978
6,123
6,235
2,660
2,667
2,695
2,728
2,724
2,712
2,741
2,758
2,817
2,911
3,025
3,092
210
216
220
224
219
212
205
212
220
221
221
213
148
146
149
142
141
124
118
106
110
123
129
153
325
320
316
314
315
312
306
306
299
299
297
295
1,072
1,072
1,072
1,063
1,071
1,077
1,082
1,090
1,097
1,102
1,109
1,114
8
6
6
7
7
7
7
9
9
9
10
14
1,184
1,175
1,182
1,203
1,217
1,239
1,257
1,271
1,288
1,313
1,332
1,354
8,798
8,808
8,740
8,700
8,689
8,645
8,671
8,834
8,752
8,807
8,926
8,988
6,650
6,645
6,573
0,501
6,465
6,396
6,443
6,587
6,516
6,552
6,644
6,683
5,468
5,494
5,438
5,356
5,333
5,276
5,316
5,380
5,310
5,377
5,466
5,513
384
455
445
405
396
355
385
396
365
3G4
423
449
1,047
1,024
987
951
955
1,004
1,046
1,053
1,045
907
891
937
4,037
4,015
4,006
4,000
3,982
3,917
3,885
3,931
1,900
4,106
4,152
4,127
1,182
1,151
1,135
1,145
1,132
1,120
1,127
1,207
1,206
1,175
1,178
1,170
2,148
2,163
2,167
2,199
2,224
2,249
2,228
i 2,247
I 2,236
2,255
2,282
2,305
4,212
1 4,218
4,241
4,402
4,648
4,878
4,943
4,899
5,078
5,255
5,261
5,141
408
394
391
387
395
417
410
416
420
421
440
460
REPORTING MEMBER BANKS
225
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
(Wednesday figures. In millions of dollars]
Time deposits
Demand deposits
Cash
Bal- items
ances
in
with proc- Other
doess assets
mestic .of
banks collection
Date or
month
1940
3
10
17
24
31
Total
assets
Interbank
IndiDemand viduals, States Certified U.S.
and
deposits partnerpolit- and Govadoffi- ernical
justed ships,
corpo- sub- cers' ment Do- ForTotal
mestic eign
liabilirations divi- checks
sions etc.
ties
etc.
Individuals,
partnerships,
corporations,
etc.
• Interbank
States U. S.
and Govpolit- ernical ment
Do- Forsub- and
divi- postal mestic eign
sions sav-1
ings
3,058
2,957
3,035
2,995
2,985
975
774
853
748
790
839
853
848
863
872
23,776
23,622
23,806
23,701
23,660
10,265 9,989 1,024
10,416 9,981 1,032
10,496 10,147 1,030
10,506 10,036 1,051
10,472 9,985 1,095
227
177
172
167
182
523
521
515
519
516
4,566
4,454
4,498
4,479
4,421
65
59
65
61
61
4,447
4,451
4,433
4,432
4,436
165
164
164
167
169
17
17
17
17
17
123
123
124
123
122
3
3
3
3
4
Feb. 7
Feb. 14 .
Feb. 21
Feb. 28
2,998
3,024
3,045
3,024
695
915
787
811
883
883
880
898
23,567
23,894
23,713
23,756
10,389 9,833 1,094
10,403 10,091 1,073
10,435 9,964 1,099
10,428 9,909 1,160
157
154
159
170
519
517
517
515
4,498
4,586
4,498
4,510
59
60
59
57
4,444
4,450
4,456
4,468
168
165
165
165
16
17
17
16
123
123
123
124
4
4
4
4
Mar. 6
Mar. 13
Mar. 20
Mar. 27
3,031
3,099
3,106
3,115
762
836
794
783
896
924
920
926
23,745
24,001
23,762
23,733
10,364 9,834 1,129
10,515 10,047 1,140
10,343 9,802 1,168
10,239 9,650 1,209
163
164
167
163
516
516
515
516
4,592
4,617
4,591
4,659
59
61
61
59
4,480
4,472
4,474
4,475
170
167
157
159
15
16
19
21
124
125
125
118
„_ 3,168
3,103
3,156
3,113
815
772
888
782
827
830
831
838
23,712
23,839
24,163
24,086
10,121 9,617 1,135
10,395 9,862 1,142
10,549 10,083 1,162
10,643 10,056 1,191
184
163
192
178
516
516
514
518
4,730
4,617
4,668
4,605
58
58
59
59
4,482
4,482
4,491
4,488
161
162
155
158
20
21
20
19
Jan
Jan.
Jan
Jan.
Jan.
Apr.
Apr.
Apr.
Apr.
3
10
17
24
Borrowings
CapOther ital
liabili- acties counts
398
410
418
421
424
2,229
2,230
2,220
2,224
2,227
1
1
1
423
425
421
427
2,228
2,228
2,230
2,231
4
4
4
4
1
1
1
426
441
445
471
2,233
2,230
2,233
2,228
117
116
116
116
4
4
3
3
1
1
1
1
449
457
460
451
2,238
2,238
2,239
2,243
1
449
452
458
455
446
2,246
2,249
2,248
2,250
2,249
439
440
442
445
2,251
2,284
2,282
2,279
413
420
442
432
434
2,287
2,288
2,283
2,284
2,283
1
1
May !„
May 8
May 15_
May 22
May 29__ ,
3,096
3,103
3,197
3,182
3,189
871
737
964
836
834
873
890
902
918
929
24,157
24,150
24,532
24,416
24,401
10,614
10,682
10,781
10,869
10,894
10,014
9,995
10,308
10,244
10,210
1,267
1,255
1,247
1,277
1,318
204
169
190
184
200
516
516
519
515
516
4,620
4,662
4,713
4,646
4,620
58
56
54
53
57
4,488
4,489
4,486
4,485
4,478
156
169
171
168
166
19
20
19
20
22
116
115
115
115
115
3
3
3
3
3
June 5
June 12..
June 19
June 26
3,157
3,175
3,198
3,190
803
887
859
809
936
976
834
846
24,435
24,700
24,515
24,510
10,891
11,097
10,954
11,060
10,185
10,487
10,402
10,449
1,323
1,327
1,223
1,251
186
170
188
169
519
518
518
515
4,690
4,645
4,637
4,574
55
49
51
-50
4,480
4,479
4,479
4,483
164
160
156
157
23
23
24
22
116
115
110
112
3
3
3
3
1
July 3
July 10... .
July 17
July 24
July 31
3,195
3,128
3,175
3,098
3,061
903
808
890
774
820
824
830
837
829
836
24,545
24,440
24,720
24,499
24,505
10,947
11,048
11,222
11,208
11,231
10,472
10,546
10,756
10,622
10,655
1,181
1,138
1,153
1,185
1,214
197
172
203
175
182
475
410
381
474
470
4,685
4,639
4,683
4,511
4,445
52
52
50
50
53
4,489
4,484
4,482
4,481
4,485
157
154
150
147
147
23
23
23
22
22
110
111
110
112
110
3
3
3
3
3
1
1
1
2
Aug.
Aug.
Aug.
Aug.
3,034
3,089
3,093
3,123
758
857
776
747
827
846
844
850
24,433
24,673
24,629
24,711
11,078
11,169
11,224
11,326
10,460
10,686
10,658
10,719
1,212
1,172
1,182
1,187
164
168
160
167
470
471
471
471
4,597
4,650
4,630
4,642
53
53
52
53
4,487
4,487
4,491
4,485
146
142
143
140
24
24
24
23
112
112
110
110
3
3
3
3
1
1
417
418
416
418
2,287
2,287
2,288
2,292
3,090
3,146
3,214
3,166
836
891
897
828
856
875
861
854
24,795
25,040
25,058
24,984
11,229
11,398
11,329
11,395
10,711
10,939
10,889
10,881
1,177
1,185
1,159
1,169
177
165
178
173
474
470
473
472
4,741
4,752
4,818
4,742
50
51
51
54
4,488
4,489
4,494
4,497
138
139
138
132
24
24
24
24
110
111
111
112
3
2
2
2
1
1
407
423
431
435
2,295
2,290
2,289
2,290
Oct.
Oct.
Oct.
Oct.
Oct.
2
3,225
898
3,162
9 _
836
3,320 1,115
16
23_..._ . 3,237
905
30. _ „ . 3,190
882
864
870
877
882
903
25,213 11 464 10,982 1,180
25,227 11 501 11,011 1,159
25,809 11,622 11,369 1,178
25,607 11,754 11,268 1,209
25,618 11 827 11,269 1,260
200
167
190
182
180
472
472
473
472
471
4,833
4,855
5,032
4,900
4,856
53
53
51
58
54
4,502
4,499
4,501
4,506
4,505
130
133
131
128
131
24
24
24
23
25
111
111
111
111
111
2
2
2
2
2
1
3
1
1
1
425
439
447
447
448
2,298
2,2992,299
2,300
2,305
Nov.
Nov.
Nov.
Nov.
6
13_
20
27
3,256
998
3,287 1,153
3,248 1,035
3,265
939
908
921
938
870
25,768
26,139
26,002
25,905
1,277
1 247
1 249
1 183
179
184
200
188
474
469
470
474
4,950
5,035
4,975
4,905
55
54
54
53
4,512
4,514
4,513
4,513
148
147
149
150
24
23
24
25
112
113
111
112
2
2
2
2
1
1
444
447
448
450
2,309
2,314
2,318
2,317
Dec.
Deo.
Dec.
Dec.
Dec.
4
11
18- .
25
31
3,177
3,184
3,340
3,299
3,382
873
881
862
865
881
25,786
26,011
26,095
26,028
26,245
1,178
1,160
1,161
1,153
1,244
213
197
217
200
273
394
358
424
424
422
4,954
4,951
4 982
5,000
5,032
54
56
56
56
57
4,504
4,499
4,504
4 513
4 541
156
172
179
181
152
24
24
25
25
25
112
113
113
112
113
2
2
2
2
2
1
2
1
437
445
454
452
432
2,317
2,320
2,314
2,313
2,319
166
62 4,440
185
519 4,484
166
59 4,454
160
517 4,524
163
60 4,475
164
516 4,615
159
58 4 486
179
516 4 655
166
516 4 653
55 4 485
189
159
51 4,480
178
518 4,637
151
442 4 593
51 4 484
186
142
53 4,487
165
471 4,629
137
52 4,492
174
472 4,763
130
472 4,896
54 4,503
183
54 4,513
149
187
472 4,966
167
56 4,512
220
404 4,984
with postal savings (time) deposits.
17
17
18
20
21
23
22
24
24
24
24
25
123
123
123
117
115
113
111
111
111
111
112
113
3 ______
4
1
4
4
1
1
3
1
3
1
3
1
3
2 .....
2
1
2
1
2
414
424
446
455
452
442
428
418
424
441
447
444
2,226
2,229
2,231
2,239
2,248
2,273
2,285
2,288
2,291
2,300
2,315
2,317
7.. .
14
21... .
28
Sept. 4
Sept. 11
Sept. 18...
Sept. 25
895
1,022
1,076
1,047
1,261
Monthly
averages:
January
February.,
March
April
May
June
July
August
September.
October
November _
December..
3,007
828
3,023
802
3,088
794
3,134
814
3,153
849
3,179
839
3,132
839
3,084
784
3,154
863
3,227
927
3,264 1,031
3,276 1,061
1
U. S. Treasurer's time
855
886
916
832
903
899
831
842
862
879
908
872
11 739
11,867
11,903
11 964
11,936
12,047
11,965
11,903
11,889
11,281
11,589
11 489
11 532
11,440
11 712
11 663
11,597
11 633
23,713 10,431 10,027 1,047
23,733 10,414 9,949 1,106
23,810 10,365 9,833 1,161
23,950 10,427 9,904 1,157
24,331 10,768 10,154 1,273
24,540 1 ,000 10,381 1,281
24,542 1 ,131 10,610 1,175
24,611 1 ,200 10,631 1,188
24,969 1 ,338 10,855 1,172
25,494 1 ,634 11,180 1,197
25,953 1 ,868 11,473 1,238
26,033
,948 11,609 1,179
deposits, open account, are combined
1
1
1
1
1
1
BANKING AND MONETARY STATISTICS
226
NO. SO-WEEKLY REPORTING MEMBER BANKS OUTSIDE NEW YORK CITY[Wednesday figures. In millions of dollars]
Loans
Date or
month
Investments
For
Compurchasing
merTotal
cial, Open or carrying
loans
seeurities
indus- marand
To
Real
ket
invest- Total trial
To
estate banks Other
and paper brokments
agriers
To
and others
culdealtural
ers
U. S. Government obligations
Direct
Total
[
Total
Total
Bills Notes Bonds
Reserves !i
with Cash
Fedin
Other eral vault
secu- ReGuar- 1 rities serve
an teed
Banks
1941
Jan. 8
Jan. 15 .....
Jan 22
Jan. 29 .....
15,300
13,341
15,322
15,282
6,243
6,242
6,245
6,254
3,115
3,121
3,130
3,133
210
216
220
223
150
139
137
137
290
292
289
291
1,115
1,117
1,114
1,116
14
13
12
11
1,349
1,344
1,343
1,343
9,057
9,099
9,077
9,028
6,763
6,808
6,790
6,745
5,595
5,640
5,623
5,578
520
553
556
510
949
954
943
951
4,126
4,133
4,124
4,117
1,168
; 1,168
I 1,167
1,167
2,294
2,291
2,2B7
2,283
5,214
5,291
3,316
5,377
462
436
438
440
Feb. 5 _ _ _ _ . . Feb. 12
Feb. 19. ....
Feb. 26
15,520
15,558
15,662
15,674
6,295
6,331
6,360
6,395
3,161
3,193
3,218
3,238
223
226
230
230
143
137
136
146
294
293
291
289
,118
,119
,119
,121
12
12
13
13
1,344
1,351
1,353
1,358
9,225
9,227
9,302
9,279
6,941
6,943
6,985
6,949
5,778
5,771
5,815
5,772
583
573
594
569
1,076
1,076
1,076
1,039
4,119
4,122
4,145
4,164
1,163
1,172
1,170
1,177
2,284
2,284
2,317
2,330
5,216
! 5,245
i 5,2<S9
5,274
426
438
436
443
Mar. 5 . . .15,825
15,852
Mar 12
Mar. 19...... 15,935
Mar. 26,...,. 15,896
6,433
6,466
6,510
8,548
3,265
3,299
3,344
3,356
232
236
239
246
154
144
135
151
290
292
290
288
,118
,118
,115
,114
10
10
9
9
1,364
1,367
1,378
1,384
9,392 7,064
9,386 7,066
9,425 ; 7,090
9,348 7,025
5,887
5,883
5,898
5,844
693 1,031 4,163 1,177 2,328
698 1,023 4,162 1,183 2,320
918 4,280 1,192 2,335
700
949 4,309 1,181 2,323
586
5,134
5,221
5,001
4,992
427
442
424
433
Apr. 2___.._...
Apr. 9
Apr. 16...--..
Apr. 23 .
Apr. 30.....,.,
15,899
16,006
16,008
16,090
16,033
6,576
6,621
6,645
6,629
6,632
3,392
3,410
3,435
3,421
3,423
250
251
257
261
256
134
153
148
138
135
289
290
285
283
285
1,117
1,116
1,118
1,119
1,122
10
9
9
9
8
1,384
1,392
1,393
1,398
1,403
9,323
9,385
9,363
9,461
9,401
6,997
7,047
7,023
7,112
7,069
5,820
5,876
5,854
5,804
5,758
492
550
533
469
432
843
822
813
801
776
4,485
4,504
4,508
4,534
4,550
1,177
1,171
1,169
1,308
1,311
2,326
2,338
2,340
2,349
2,332
4,843
5,113
5,314
5,254
5,320
412
437
420
439
432
May
May
May
May
16,071
16,126
16,163
16,156
6,648
6,702
6,725
6,784
3,445
3,477
3,490
3,507
261
268
271
275
127
127
123
144
282
283
284
288
1,120
1,123
1,124
1,125
7
8
8
10
1,406
1,416
1,425
1,435
9,423
9,424
9,438
9,372
7,110
7,106
7,112
7,054
5,806
5,789
5,826
5,769
472
461
489
426
774
769
763
757
4,560
4,559
4,574
4,586
1,304
1,317
1,286
1,285
2,313
2,318
2,326
2,318
5,324
5,380
5,432
5,451
446
465
450
466
June 4
June 11 = -.-,,
June 18
June 25.....
16,229
16,362
16,394
16,467
6,796
6,832
6,842
6,891
3,524
3,554
3,565
3,594
273
279
277
278
137
131
131
138
285
287
285
288
1,127
1,127
1,132
1,132
8
10
9
8
1,442
1,444
1,443
1,453
9,433
9,530
9,552
9,576
7,126
7,246
7,301
7,327
5,832
•5,931
5,979
6,013
375
441
469
519
775
782
778
776
4,682
4,708
4,732
4,718
1,294
1,315
1,322
1,314
2,307
2,284
2,251
2,249
5,324
5,294
5,243
5,171
453
473
456
464
July 2 _ . . _ . _ _ _
July 9.- July 16
July 23-.. ...
July 30
16,460
10,551
16,623
10,750
16,788
6,953
6,961
7,016
7,027
7,067
3,633
3,655
3,693
3,711
3,729
280
285
291
300
299
147
136
142
128
139
285
281
282
279
277
1,133
1,136
1,137
1,140
1,141
8
12
8
7
11
1,467
1,456
1,463
1,462
1,471
9,507
9,590
9,607
9,723
9,721
7,272
7,373
7,394
7,512
7,501
5,941
5,964
5,975
6,057
6,038
470
464
457
494
483
787
804
809
818
819
4,684
4,696
4,709
4,745
4,736
1,331
1,409
1,419
1,455
1,463
2,235
2,217
2,213
2,211
2,220
5,241
5,200
5,306
5,195
5,246
442
471
452
457
466
Aug. 6
Aug. 13
Aug. 20 . . .
Aug. 27
16,760
16,833
10,898
16,950
7,085
7,118
7,148
7,160
3,750
3,774
3,795
3,808
309
311
320
319
130
129
127
123
278
279
277
277
1,142
1,143
1,143
1,145
8
9
9
9
1,468
1,473
1,477
1,479
9,675 7,456 5,996
9,715 1 7,485 6,032
9,750 7,502 6,042
9,790 7,542 6,083
450
477
455
489
821
823
831
836
4,725
4,732
4,756
4,758
1,460
1,453
1,460
1,459
2,219
2,230
2,248
2,248
5,302
5,331
5,357
5,331
449
466
451
469
Sept. 3 .
Sept. 10......
Sept. 17
Sept. 24......
16,968
16,971
16,946
16,912
7,208
7,266
7,317
7,338
3,829
3,882
3,927
3,939
318
320
318
319
145
143
133
139
277
278
278
278
1,146
1,149
1,152
1,151
10
10
8
9
1,483
1,484
1,501
1,503
9,760
9,705
9,629
9,574
7,536
7,487
7,404
7,357
6,074
S,026
5,941
5,900
471
433
384
346
841
841
837
841
4,762
4,752
4,720
4,713
1,462
1,461
1,463
1,457
2,224
2,218
2,225
2,217
5,277
5,425
5,564
5,563
455
482
467
475
Oct. 1 .
Oct. 8
Oct. 15
Oct. 22... _„_
Oct. 29
16,888
16,944
17,076
17,292
17,314
7,370
7,390
7,461
7,457
7,453
3,965
3,986
4,021
4,012
4,027
325
331
336
339
337
140
137
151
157
141
277
277
285
280
279
1,150
1,149
1,152
1,156
1,158
9
10
9
8
8
1,504
1,500
1,507
1,505
1,503
7,299
9,518
9,554 7,339
7,393
9,615
9,835 i 7,608
7,643
9,861
5,842
5,886
5,939
6,155
6,193
306
341
393
394
413
843
848
843
812
811
4,693 1,457 2,219 5', 631
4,697 1,453 2,215 5,647
4,703 ,454 2,222 5,678
4,949 ,453 2,227 5,373
4,969 ,450 2,218 5,460
457
476
469
481
484
4,036
4,068
4,070
4,057 •
336
344
342
341
149
151
146
152
284
279
275
275
1,149
1,154
1,153
1,155
8
8
5
8
1,506 9,860
1,512 9,870
1,514 9,967
1,510 10,044
7,639
7,652
7,743
7,817
6,316
6,330
6,422
6,493
414
413
473
540
938
937
956
954
4,964
4,980
4,993
4,999
,323
,322
,321
,324
2,221
2,218
2,224"
2,227
5,435
5,496
5,528
5,528
465
500
462
490
1,506
1,506
1,500
1,503
1,509
10,072
10,113
10,379
10,395
10-, 328
7,862
7,902
8,164
8,172
8,125
6,545
6,576
6,831
6,843
8,789
586
563
605
624
574
957
996
972
974
981
5,002
5,017
5,254
5,245
5,234
,317
,326
,333
,329
,336
2,210
2,211
2,215
2,223
2,203
5,554
5,622
5,156
5,092
4,982
475
504
501
475
474
1,345 9,065 6,776
1,352 9,259
6,955
1,373 9,3.88 7,062
1,394 9,387 i 7,050
,421 9,414
7,095
,446 9,523 7,250
,464 9,629 7,410
,475 9,733 7,496
,492 9,667 7,446
,504 9,676 7,456
,510 9,935 7,712
,504 10,258 8,045
5,609
5,785
5,879
5,823
5,797
5,939
5,995
6,038
5,985
6,002
6,390
6,717
535
949 4,125
580 1,067 4,138
981 4,229
669
496
811 4,516
462
765 4,570
451
778 4,710
474
807 4,714
467
828 4,743
408
840 4,737
831 4,802
369
460
950 4,980
591
976 5,150
,167
,170
,183
,227
,298
,311
,415
,458
,461
,454
,322
,328
2,2S9
2,304
2,326
2,337
2,319
2,273
2,219
2,237
2,221
2,220
2,223
2,213
5,300
5,251
5,092
5,169
5,397
5,258
5,237
5,330
5,457
5,558
5,497
5,281
443
436
432
428
457
462
457
459
470
473
479
486
7
14.....
21
28......
17,328 7,468
Nov. 5
Nov. 12 ..... 17,386 7,516
17,472 7,505
Nov. 19
17,542 7,498
Nov 26
Dec. 3
Dec. 10 ......
Dec. 17
Dec. 24
Dec. 31......
17,559
17,671
17,992
18,018
17,926
7,487
7,558
7,613
7,623
7,598
4,051
4,109
4,168
4,179
4,149
341
338
345
347
338
157
162
165
159
171
274
278
275
274
272
1,152
1.15&
1,154
1,157
1,155
6
6
6
4
4
Monthly
averages:
January
February __
March
April
May
June
July
August
September.
October
November.
December.
15,311
15,604
15,877
16,007
16,129
16,363
16,634
16,860
16,949
17,102
17,432
17,833
6,246
6,345
6,489
6,620
6,715
6,840
7,005
7,127
7,282
7,426
7,497
7,575
3,125
3,203
3,316
3,416
3,480
3,559
3,684
3,782
3,895
4,002
4,058
4,132
217
227
239
255
268
276
291
315
318
333
341
342
140
140
146
141
130
134
139
127
140
145
150
163
291 1,116
292 1,119
290 ,116
287 ,118
285 ,123
286 ,129
281 ,137
277 ,143
278 ,150
280 ,153
278 ,153
274 ,155
12
12
9
9
8
10
9
8
9
9
7
5
REPORTING MEMBER BANKS
227
PRINCIPAL ASSETS AND LIABILITIES, WEEKLY AND MONTHLY, 1919-1941-Continued
[Wednesday figures. In millions of dollars]
Demand deposits
Balances
with
domestic
banks
Date or
month
Cash
Total
IndiDeassets
items
mand viduals,
in
deposits partproc- Other
adneress assets
justed ships,
of
Total
corpocollecliabilirations,
tion
etc.
ties
States Certified
and
polit- and
offiical
sub- cers'
divi- checks,
sions etc.
U.S.
Government
Time deposits
IndividInterbank
uals,
partnerships,
Do- For- corporamestic eign
tions,
etc.
States
and
political
subdivisions
Interbank
U.S.
Government
Do- Forand
postal mestic eign
sav- 1
ings
CapBor- Other ital
row- liabili- acings
ties counts
. 1941
Jan. 8
Jan. 15
Jan 22
Jan. 29 -
871
3,289
3,388 1,026
3,336
956
3,264
849
869
891
887
886
26,005 12,008 11,482 1,204
26,373 12,161 11,809 1,178
26,255 12,246 11,783 1,219
26,098 12,300 11,730 1,229
193
200
200
190
419
333
245
200
5,064
5,143
5,143
5,088
57
55
57
59
4,536
4,586
4,548
4,547
151
150
148
143
24
24
24
23
119
116
117
117
2
2
2
2
1
2
2
1
430
454
443
448
Feb. 5 ...
Feb. 12
Feb. 19- _
Feb. 26
3,230
857
979
3,260
3,295
924
3,371 1,029
886
893
905
913
26,135 12,195 11,577 1,287
26,373 12,290 11,769 1,324
26,491 12,377 11,782 1,319
26,704 12,446 11,881 1,380
188
176
200
214
316
317
317
316
5,104
5,124
5,203
5,230
56
54
53
53
4,551
4,552
4,557
4,562
149
145
141
141
24
24
25
26
116
117
118
116
2
2
2
2
1
1
439 '2,325
442 2,326
447 2,327
453 2,330
Mar. 5 .
Mar. 12
Mar. 19
Mar. 26
907
3,328
3,371 1,054
954
3,366
3,323
956
904
852
839
847
26,545
26,792
26,519
26,447
12,355
12,449
12,306
12,258
11,716
12,044
11,722
11,605
1,362
1,277
1,324
1,409
184
182
214
200
319
314
316
309
5,261
5,273
5,242
5,230
55
55
53
53
4,576
4,565
4,560
4,557
142
142
141
140
25
26
26
26
114
115
117
116
2
2
2
2
1
1
1
1
456
470
479
474
Apr.
Apr.
Apr.
Apr.
Apr.
2 _______
9
16
23 ._
30
3,431 1,032
909
3,319
3,432 1,143
3,303
989
3,298 1,058
840
865
870
878
893
26,457
26,649
27,187
26,953
27,034
12,067
12,436
12,636
12,736
12,766
11,418
11,721
12,153
12,029
12,094
1,458
1,433
1,416
1,486
1,517
223
191
210
210
213
377
372
371
371
368
5,294
5,218
5,318
5,138
5,110
54
59
58
59
62
4,556
4,559
4,559
4,558
4,553
140
140
143
143
156
25
24
26
25
26
115
114
113
113
114
2
2
2
2
2
5
1
1
6
466 -2,329
477 2,334
480 2,337
479 2,339
473 2,340
May
May
May
May
7
14
21
28.__.
913
3,351
3,395 1,125
3,425 1,040
3,416 1,018
910
945
945
862
27,015
27,436
27,455
27,369
12,773
12,941
13,084
13,020
11,983
12,362
12,351
12,298
1,512
1,505
1,479
1,503
191
199
294
237
375
377
378
371
5,216
5,252
5,220
5,210
62
63
60
60
4,550
4,546
4,544
4,542
157
160
156
157
26
26
26
26
114
115
116
113
2
2
2
2
2
1
1
3
481
484
485
498
2,344
2,344
2,343
2,349
June 4
June 11
June 18
June 25
3,402 1,091
3,365 ,121
3,413 ,151
3,343 ,046
878
889
897
910
27,377 12,858 12,272
27,504 13,023 12,495
27,554 12,993 12,497
27,401 13,060 12,427
1,446
1,457
1,444
1,454
231
192
203
225
435
435
438
439
5,251
5,188
5,234
5,120
61
62
62
60
4,538
4,529
4,533
4,535
155
156
151
150
26
26
26
26
114
114
113
114
2
2
2
2
1
1
1
1
490
495
497
493
2,355
2,352
2,353
2,355
July 2 _ _ _ _ _ _
July 9
July 16
July 23
July 30___._
3,425
3,323
3,495
3,410
3,397
,151
,051
,244
,071
,032
841
848
854
844
844
27,560 12,961 12,501
27,444 12,995 12,510
27,974 13,252 12,923
27,727 13,293 12,793
27,773 13,444 12,778
1,354
1,333
1,334
1,349
1,473
257
203
239
222
225
443
445
448
453
454
5,281
5,233
5,314
5,195
5,138
61
61
64
61
60
4,535
4,537
4,531
4,530
4,525
154
143
139
137
136
26
26
24
26
26
114
113
114
113
113
2
2
2
2
2
1
2
1
1
1
468
471
481
480
481
2,363
2,365
2,360
2,365
2,361
Aug.
Aug.
Aug.
Aug.
3,328
3,454
3,407
3,369
973
,168
,077
,087
849
850
860
872
27,661
28,102
28 050
28,078
13,311
13,457
13,476
13,488
12,588
12,930
12,850
12,810
1,483
1,489
1,487
1,534
213
206
216
231
463
466
467
476
5,203
5,288
5,307
5,312
60
60
61
59
4,533
4,536
4,536
4,532
134
134
134
134
25
25
20
20
110
112
112
112
2
2
2
2
1
4
1
1
482
485
492
488
2,364
2,365
2,365
2,367
Sept. 3
Sept. 10
Sept. 17
Sept. 24
3,418 ,119
3,442 ,092
3,583 ,270
3,505 1,118
881
898
888
893
28,118 13,371
28,310 13,526
28,718 13,594
28,466 13,574
12,714
12,871
13,103
12,940
1,546
1,534
1,512
1,529
230
213
249
223
484
483
487
487
5,426
5,481
5,633
5,536
58
62
60
61
4,530
4,534
4,534
4,534
132
130
132
136
21
21
21
21
115
113
115
112
2
2
2
2
1
1
1
1
490
498
506
517
2,369
2,367
2,363
2,367
Get 1
Oct. 8 _-.
Oct. 15
Oct. 22
Oct. 29
3,506
3,436
3,554
3,411
3,357
1,246
1,064
1,583
1,247
1,129
895
890
885
884
883
28,623
28,457
29,245
28,688
28,627
13,605
13,699
13,934
13,818
13,901
13,029
13,004
13,701
13,254
13,210
1,564
1,540
1,534
1,563
1,584
258
219
282
248
236
451
322
152
315
322
5,581
5,614
5,807
5,535
5,498
59
61
58
56
60
4,531
4,538
4,540
4,548
4,547
136
133
131
129
128
21
21
21
21
21
112
113
111
111
112
2
2
2
2
2
1
1
1
2
2
510
519
530
525
529
2,368
2,370
2,375
2,379
2,376
3,185
_ 3,271
3,249
3,246
1,152
1,527
1,309
1,236
894
899
908
871
28,459
29,079
28,928
28,913
13,714
13,903
13,872
13,941
13,067
13,627
13,425
13,476
1,580
1,564
1,436
1,454
219
239
320
247
322
32?
386
420
5,481
5,531
5,576
5,528
60
59
57
60
4,554
4,552
4,548
4,537
127
131
131
128
21
21
20
22
110
110
111
111
2
2
2
2
3
3
5
4
529
534
530
536
2,384
2,384
2,381
2,388
6
13
20
27
2,323
2,321
2,324
2,321
2,332
2,326
2,322
2,325
Nov.
Nov.
Nov.
Nov.
5
12
19_
26
Dec.
Dec.
Dec.
Dec.
Dec.
3
10
17
24
31
3,255
3,200
3,297
3,195
3,163
1,187
1,154
1,485
1,344
1,590
889
885
859
858
847
28,919
29,036
29,290
28,982
28,982
13,954
14,158
13,933
13,830
13,610
13,395
13,613
13,721
13,524
13,444
1,472
1,431
1,415
1,393
1,422
274
268
282
257
334
422
396
606
626
644
5,588
5,525
5,499
5,454
5,448
62
58
60
63
61
4,508
4,495
4,465
4,441
4,464
133
169
171
173
151
23
23
23
23
23
111
111
109
108
106
2
2
2
2
2
3
2
2
2
1
536
552
544
529
504
2,390
2,391
2,391
2,387
2,378
Monthly
averages:
January
February __
March
April
May ...
June _
July
August
September _
October...^
NovemberDecember.
3,319
3,288
3,348
3,356
3,396
3,382
3,410
3,389
3,487
3,453
3,237
3,222
926
947
968
1,026
1,023
1,102
1,110
1,076
1,150
1,254
1,307
1,352
883
900
860
869
917
893
847
858
890
888
893
868
26,182
26,426
126,577
26,855
27,319
27,460
27,695
27,972
28,403
28,728
28,845
29,042
12,179
12,327
12,342
12,528
12,955
12,983
13,189
13,433
13,516
13,791
13,858
13,897
11,701
11,753
11,772
11,883
12,248
12,423
12 701
12,794
12,907
13,239
13,399
13,539
1,207
1,328
1,344
1,462
1,500
1,450
1,368
1,499
1,530
1,557
1,509
1,427
195
194
195
209
230
213
229
216
229
249
256
283
299
317
314
372
375
437
449
468
485
313
363
539
5,110
5,166
5,252
5,215
5,225
5,199
5,232
5,278
5,519
5,607
5,528
5,503
57
54
54
58
61
61
61
60
61
59
59
61
4,554
4,555
4,565
4,556
4,546
4,534
4,532
4,534
4,533
4,541
4,548
4,475
148
144
141
145
157
153
142
134
132
131
129
159
24
24
26
25
26
26
26
22
21
21
21
23
117
117
115
114
115
114
113
111
114
112
110
109
2
2
2
2
2
2
2
2
2
2
2
2
2_
_
444
445
470
475
487
493
476
487
503
522
532
533
2,322
2,327
2,326
2,336
2,345
2,354
2,363
2,365
2,366
2,374
2,385
2,387
1
U. S. Treasurer's time deposits, open account, are combined with postal savings (time) deposits.
3
2
1
1
2
1
1
4
2
SECTION 5
BANK DEBITS AND DEPOSIT TURNOVER
Text.
Table 51. Bank debits to deposit accounts, except interbank accounts, monthly, 1919-1941. . . .
Table 52. Bank debits to deposit accounts, except interbank accounts, by Federal Reserve districts, yearly, 1919-1941
f
Table 53. Bank debits to deposit accounts, except interbank accounts, by Federal Reserve districts and by reporting centers, yearly, 1919-1941
Table 54. Bank debits to demand deposit accounts, except interbank and United States Government accounts, at weekly reporting member banks, weekly, 1935-1941
Table 55. Bank debits and deposit turnover, excluding interbank deposits and collection items,
at all commercial banks, yearly, 1919-1941
Page
230
234
236
238
248
254
SECTION 5
BANK DEBITS AND DEPOSIT TURNOVER
The charges made against deposit accounts
when banks honor depositors' checks and withdrawal slips are commonly termed "bank debits."
Statistics of debits provide a direct measurement of the extent to which depositors are using
the funds in their accounts in commercial banks;
and, in conjunction with deposit figures, they
are a means of determining the rate of turnover
of deposits in commercial banks. Both of these
measurements throw light upon current economic
developments. Bank deposits comprise the major
portion of the current means of payment, i.e.,
money in the hands of the public, and bank
debits give some indication of the extent to
which deposits are used. Turnover of deposits,
derived from debits and deposits, in a rough
way reflects economic and financial developments that tend to accelerate or retard the rate
of flow of money into economic channels.
This section includes statistics on bank debits
which have been compiled by the Federal Reserve System for the period 1919-1941, Tables
51-53 show bank debits at member and nonmember banks in reporting centers throughout
the country; Table 54 shows the recently inaugurated series of bank debits at weekly reporting member banks in leading cities; and
Table 55 presents annual estimates of bank
debits and deposit turnover at all commercial
banks in the United States.
Significance of bank debits. Changes in business activity are closely linked with changes in
the volume of money payments made by check,
of which bank debits provide the best available
single indicator. This is not to say that bank
debits and deposit turnover are by themselves
accurate and trustworthy indexes of business
activity. The debit figures cover payments
for the purchase of goods in the various
• channels of production and
distribution,
for wages and salaries, for dividends and interest;
but they also include payments for property and
other financial transactions that do not necessarily arise from current production and distribution. They include, in addition, many duplications arising from a series of payments for
identical goods at different stages of production
and consumption. Only in a very broad way,
therefore, do these data reflect changes in general
business conditions by showing, among other
things, changes in the attitude of the public
toward holding or spending money.
A record of bank dfebits furnishes bankers and
banking authorities an indication of the activity
of deposits and helps in the formulation of
banking and credit policies. In cities or regions
for which broader business indexes are not available, merchants and manufacturers frequently
use bank debits as a basis for business planning,
or, when the location of a new store or factory
is under consideration, as a yardstick to compare
the relative degree of business activity iin different communities. Debits must be used in this
way with considerable caution, however, as they
may sometimes be misleading owing to variations in payment habits and in degree of duplication in transactions as between different times
and places.
The turnover of bank deposits, computed by
dividing debits during a period by the average
amount of bank deposits against which the
debits are made, indicates the number of times
the average deposit dollar is used during the
period. Changes in the rate of turnover may
be indicative of the state of business activity,
but this relationship is a complex one. As
illustrated by the experience of the late 1930's,
the rate of turnover may decline while business
activity increases if an increase in the amount
of deposits is accompanied by a less than
proportionate increase in the volume of debits.
The rate of turnover, moreover, is an average
figure only and therefore does not necessarily
indicate how the turnover is changing for
different classes of depositors.
History of data. Prior to 1918 the only indicator of bank debits on a national basis was that
prepared by the Clearing-House Section of the
American Bankers Association. It was based
on the volume of checks cleared through a
number of clearing houses in various cities. Repeated efforts to broaden the sample of reporting centers and to secure more uniform reports regularly from identical clearing houses
met with no marked success. Clearing figures,
however, even if more complete, would not have
provided a satisfactory indicator of the volume
of money payments. Clearings exclude checking transactions that do not pass through a
clearing house and they tend to decline as a
result of bank mergers and consolidations^ which
have no effect upon the volume of bank debits.
On August 1,1918, the Federal Reserve Board
began the collection of statistics designed to furnish a more accurate and trustworthy index of
the volume of check transactions at the various
230
BANK DEBITS
clearing-house points throughout the United
States. With the cooperation of the ClearingHouse Section of the American Bankers Association, the Board requested the managers of all
clearing houses in the United States, which numbered less than 250, to obtain from each member
of the clearing house figures showing, for each
week, the total of debits to demand and1 time
deposit accounts at each reporting bank. By
the end of 1918 reports were being received
regularly from about 150 of these clearing-house
centers. Some of the centers reporting were not
submitting figures for a representative proportion
of their banks, and others later discontinued
reporting, in some cases only temporarily. Soon
after the establishment of the debits series, it
was decided to publish comparable totals of
debits to deposit accounts at as many identical
centers as could be included from the beginning
of 1919, The number of centers for which
satisfactory figures were available was found to
be 141, and totals have since been compiled regularly for 141 selected centers,2 in addition to
figures covering other centers currently reporting.
The total number of reporting centers was increased substantially in the early 1920's, and
some centers were added which had no clearing
house. By 1925 there were 259 reporting centers;
in 1930 there were 267; and from 1936 through
1941 the number was constant at 274.3 Most of
the centers added to the reporting list after 1922
were of relatively small importance compared
with those already reporting, and consequently
there is a reasonable degree of comparability in
the total debits at all reporting centers over the
period since 1922. For purposes of long-term
comparisons, however, the "141 centers" series is
generally used.
Until May 1942 these series of bank debits
were available in mimeographed releases on a
weekly and a monthly basis. Figures were collected for the week ending Wednesday, and the
monthly figures were derived from the weekly
figures; figures for a week beginning in one
month and ending in another were prorated to
the respective months on the basis of the number
of business days of the week falling in each
month. The collection of weekly statistics was
discontinued after the week ended May 6, 1942;
beginning with .May 1942 'monthly figures have
1
The procedure is described in the Federal Reserve Bulletin for
September 1918, p. 821.
2
Two changes in the selection of centers have been necessary,
but they have not affected materially the comparability of the
totals over the entire period. In 1920 Fargo, North Dakota, replaced Great Falls, Montana, and beginning with May 1928 Greenville, South Carolina, was substituted for Charleston, South Carolina. From time to time, a few banks in reporting centers which
formerly did not report debits have been added to the reporting
list, but in general the net effect of such additions has been slight.
3
About 60 centers were added in May 1942, when the weekly
reports were replaced by monthly reports.
231
been collected and released. The monthly
figures are believed to be more significant than
weekly figures for most purposes, since they
smooth out wide weekly variations. This is
particularly true of the figures for individual
cities, which for any one week may be seriously
affected by seasonal and unusual transactions.
Summary figures for this series are published
each month in the Federal Reserve Bulletin,
In September 1934 the Board began to collect
weekly statistics of debits to demand deposit accounts, except interbank and United States Government accounts, from weekly reporting member banks in 101 leading cities. This series was
not published until 1942, when the older weekly
series of bank debits was discontinued. It
appears in Table 54 and is discussed in subsequent paragraphs. Current figures, for this
series are published in the Federal Reserve
Bulletin along with other statistics for weekly
reporting member banks.
Bank debits—141 and 274 reporting centers
series. The statistics on bank debits collected
since 1918 have been used in preparing Tables
51-53 and 55. In Tables 51-53 figures represent
debits to deposit accounts except interbank accounts. More specifically they include debits at
reporting commercial banks, 4 member and nonmember, to deposit accounts of individuals, partnerships,5 corporations, the United States Government, and State and local governments.
The figures include debits to time or savings
accounts, payments from trust funds on deposit
in the banking department, and the payment of
certificates of deposit. The figures exclude payments of certified and officers5 checks, payments
in settlement of clearing-house balances, charges
to expense and miscellaneous accounts, corrections and similar charges, and debits to the
accounts of other banks, that is, to "interbank
deposits."6
Monthly figures for all reporting centers are
given in the first part of Table 51. In the second
part similar data are shown for the 141 leading
centers that have reported weekly throughout
the period. Separate figures for New York City
and the remaining centers are then given for
the use of those who wish to isolate the effects
4
5
Debits of a few mutual savings banks are included.
Debits to Federal Government accounts with the Federal Reserve Banks are not, of course, in the published debits figures.
It is estimated that in recent years the volume of such debits has
amounted to about 4 per cent of the amount of debits to
all deposit accounts other than interbank accounts at all reporting
centers.
6
At the time the System began to collect statistics on debits, itwas asked that debits to the account of other banks be reported,
but as separate totals. It was found, however, that debits to
deposit accounts other than interbank accounts were a more
satisfactory indicator of business activity than the data including
interbank debits and the reporting of interbank debits was subsequently discontinued. They are not included in tables in this
section.
232
BANKING AND MONETARY STATISTICS
of the central money market from the figures.
The last part of the table, "other reporting centers/7 accounts for the differences between all
reporting centers and 141 leading centers shown
in the first two parts of the table.
Table 52 contains annual data of bank debits
for the years 1919-1941 by Federal Reserve districts. District totals for all reporting centers
are first given, and then totals for cities included
in the 141 centers are shown for the benefit of
those who need data for a broad consistent series
rather than the more complete figures obtained
from all reporting centers.
Table 53 gives yearly figures, 1919-1941, for
each reporting center, grouped by Federal Reserve districts.
Bank debits—weekly reporting member bank
series. Table 54 shows the new weekly series for
the years 1935-1941 of bank debits to demand
deposit accounts, except interbank and United
States Government accounts, as reported by
member banks in 101 leading cities. This series
differs from the bank debits formerly collected
weekly from 274 centers, because the latter series
represents debits to both demand and time deposit accounts of all depositors except other
banks, and the reporting banks in the 274 centers include both member and nonmember banks.
Debits to demand deposit accounts, except interbank and United States Government accounts,
as shown in the new series for weekly reporting
member banks in New York City, amount to
approximately 98 per cent of the total debits
reported for New York City in the more complete series. For weekly reporting member
banks in the 100 other leading cities, bank
debits as shown in the new series approximate
92 per cent of total debits reported for the
140 centers (other than New York). The
weekly fluctuations of the two series have shown
a marked similarity as to both direction and
amount. Consequently the new series, with
minor adjustments, may be used to continue on
a weekly basis the older series of debits for New
York City and for 140 other cities. Moreover,
the debits figures for weekly reporting member
banks, together with the figures of demand deposits adjusted published in the weekly member
bank statement, can be used to compute measures of deposit turnover. It was not possible to
compute deposit turnover directly from the older
series of debits because deposit figures were not
available for the same set of reporting banks.
Deposit turnover. The rate of turnover of
bank deposits is obtained by dividing the volume of debits during a period by the average
amount of deposits over the same period. Comparable series of deposit figures are not available
for the same banks that have reported debits
since 1919. In order to compute measures of deposit turnover, therefore, it was necessary to
adjust available figures for deposits and debits
to make them as nearly comparable as possible.
Estimates were made of total debits to deposit
accounts (except interbank) at all commercial
banks in the country for each .year beginning
with 1919 and these were used with average deposit figures (exclusive of interbank deposits and
cash items in process of collection) for call report dates to compute annual rates of turnover.
These data are given in Table 55.
The Board's series for deposits in all commercial banks (Table 9, Section 1) shows demand
deposits adjusted, i. e., excluding interbank deposits and "float" (items in process of collection). It also shows time deposits of commercial banks. The reported series for bank debits
also excludes debits to interbank deposit accounts but it covers only 274 centers (less in
some years) and with minor exceptions excludes
debits at mutual savings banks. The bank debits
series was brought in line with the deposits series
by adding an estimate for debits at non-reporting
banks. This estimate is based upon relationships between deposits and debits as reported for
banks and cities in various size groups and deposits in non-reporting banks and cities of similar
sizes.
A detailed analysis was made for one year,
1930, to establish these relationships. All commercial banks in the United States were divided
into six groups, according to the population of
the center in which they were located.7 For the
individual banks in 266 centers for which debits
were then reported, debit and deposit figures for
1930 were collected and the rate of turnover was
computed for each bank. The rates of turnover
thus derived were then applied to deposit figures
for banks of corresponding size and located in
corresponding centers for which no debit reports
were available. The sum of actual and estimated debits of banks belonging to each of the
six groups gave an estimate of total debits for
the group. The ratio of total debits (reported
debits plus estimated debits) to reported debits
in each of the six groups was then computed for
the year 1930 and the resulting ratios were assumed to hold for these groups for other years.
Debits reported for each of these groups in
7
Group I, New York City; group II, Chicago; group III, five
other large cities (Boston, Philadelphia, Cleveland, Detroit, and
San Francisco); group IV, thirty-seven medium-size cities; group
V, one hundred and two small cities; group VI, the remaining
continental United States.
BANK DEBITS
earlier and subsequent years were then multiplied by the 1930 ratios, thus raising the reported figures to an amount estimated to be the
total for all commercial banks.8 Of total debits
thus computed for all commercial banks in the
United States, the estimated portion amounts to
about 30 per cent.
Figures of debits to demand accounts, also
shown in Table 55, were obtained by subtracting
estimated debits to time deposit accounts from
total debits. Debits to time deposit accounts
were assumed to be twice the volume of time
8
In view of the small sample of data for banks in group VI
(remaining banks in continental United States), a slightly different
method was followed for this group in adjusting the debits series
to include all commercial banks. The debits regularly reported by
banks in two population categories (cities of under 50,000 and
of 50,000-100,000 population) were placed on an index basis with 1930
as 100. An average of these two indexes was calculated for each
year and applied to the 1930 estimate of total debits for group VI
ia order to obtain an estimate of total debits for the group in
each year.
233
deposits in each of the years 1919-1930, one and
one-half times the volume in 1931, and equal to
the volume of time deposits for later years. For
recent years this assumption was based in part
on reported debits to time deposit accounts of
reporting member banks in 101 leading centers
for the period September 1934 to December 1938.9
For earlier years the assumption of a higher rate
of turnover was based in part upon scattered
studies and in part upon changes that have taken
place in practices and regulations with respect to
the drawing of checks on time deposits. In any
event unless the turnover of time deposits was at
any time considerably greater than that assumed, the effect upon the estimate of turnover
of demand deposits is very slight.
0
Debits to time deposit accounts at these banks have not been
reported since February J939.
BANKING AND MONETARY STATISTICS
234
NO. SI-BANK DEBITS TO DEPOSIT ACCOUNTS,
[Amounts in millions of dollars]
ALL REPORTING CENTERS
1919
1920
1921
1922
1923
35,332
28,484
32,534
33,059
37,406
39,604
41,483
38,356
38,983
44,947
42,982
47,079
46,011
36,318
44,060
42,254
39,840
40,968
40,510
36,850
37,997
41,675
40,296
43,689
38,985
30,483
34,797
33,306
33,336
34,488
32,341
30,895
32,456
35,220
34,266
38,965
35,899
31,397
37,919
37,357
38,979
40,284
37,042
35,079
36,810
41,893
37,227
41,627
44,410
38,090
44,825
41,837
42,688
43,264
39,008
35,889
36,465
41,684
41,006
45,246
44,171
39,722
43,254
42,080
42,593
42,737
42,709
41,070
41,444
46,242
44,431
52,174
53,081
44,057
50,515
47,460
49,441
51,684
50,090
45,916
48,159
56,279
51,371
57,790
57,526
47,688
59,693
55,073
51,089
53,933
54,386
49,947
50,023
55,965
50,598
60,666
Total .„_.„„_...... .. ....... 460,249
Number of centers
149
490,468
156
409,338
162
451,513
166
494,412
249
5.22,627
251
605,843
259
1924
Month
January
February _
March
April
May
June
July
August
September
October
November
December
„„.„..„„,____„_
_„
.
.„_.,_
=..... = „-_
„. -.„.,.
,.__..«,
„ -
1924
1925
1926
1927
1928
1929
58,195
51,105
61,916
59,054
57,386
60,209
57,023
56,847
60,042
62,789
60,474
69,288
66,572
57,746
74,287
70,550
75,244
76,395
62,560
61,875
66,656
76,616
75,048
86,672
86,826
74,185
87,393
78,682
80,347
73,623
81,714
81,187
81,666
100,042
86,116
70,750
646,587
262
714,328
263
850,521
268
§82,531
269
1925
1926
1927
1928
1929
41,498
37,398
40, 739
39,519
40,044
40,230
40,131
38,692
38,972
43,418
41,893
49,157
49,982
41,517
47,622
44,558
46,596
48,631
47,037
43,134
45,264
52,955
48,367
54,399
54,145
44,915
56,464
51,837
48,020
50,662
50,959
47,011
46, 955
52,535
47,384
57,070
p? ss^i
54,493
70,033
67,003
71,616
72,485
5S,9S1
58,504
63,176
72,894
71,349
82,386
32,814
70,778
83,524
74,750
76,535
69,667
77,631
77,344
77,617
95,527
82,090
66,753
491,691
570,062
607,957
673,861 | 806,405
935,030
141 CENTERS (Jncludint New Y«k City)
Month
January „ _
February _.....„„„. „ „ . , „ „ _ . „ « , .
March
April . „ . . _ „ . _ . . „ _ . , _ _ _ „ , _ „ - . „ „ .
May ...... _
June
July ... ........
August
September .„..._.„..
"
October
November,, .,..,.„„„..„..„
December
Total. _ . . . _ _ _ . , .
., .
1919
1920
1921
1922
34,929
28,163
32,171
32,686
37,027
39 211
41,056
37 944
38,532
44,474
42,536
46,565
45,367
35,788
43,431
41,644
39,256
40,347
39,868
36,275
37,378
41,028
39,696
42,948
38,029
29,729
33,903
32,235
32,512
33,607
31,515
30,097
31,625
34,324
33,441
38,021
34,944
30,586
36,932
36,388
37,976
39,236
36,056
34,136
35,769
40,745
36,160
40,437
455,294
483,026
399,038
439,365
1923
41,753
35,925
42,185
39,295
40,072
40,574
36,504
33,496
34,060
38,911
38,504
42,448 '
463,727
54,714
48,220 i
58,518
55,583
54,143
56,821
53,682
53,702 .
56,750
59,202 i
57,085
65,441
NEW YORK CITY
Month
1920
1921
1922
1923
1924
1925
1926
1927
1028
1929
January
18 119
February
14,492
March
16,699
April,, „ _ _ _ . „ „ _ _ . _ .
• 17,323
May
20,330
June „ . „ _ . _ „ „ . . „ „ , . . «,.„ . „
21,570
22,427
July
August. „_.. ...
„ „ _ „ _ . . . . _ . = .._ 20,276
September
20,446
October
24,226
November, _ „ . . . „ „ _ . _ _ .
23,351
December
24,860
23,636
18,053
22,285
21,320
19,581
19,806
19,063
17,371
17,600
20,137
20,171
22,408
20,033
15,130
17,353
16,349
17,171
17,755
16,340
15,186
16,102
17,610
17,492
20,575
19,065
16,544
20,397
20,717
21,654
22,063
19,713
18,287
19,215
22,322
19,027
20,851
22,087
19,019
22,541
20,479
20,704
21,041
18,321
16,189
16,799
19,152
19,983
22,081
22,114
19,886
21,546
20,654
21,405
21,926
21,469
20,916
20,734
22,506
23,047
27,327
27,682
22,924
26,382
23,945
26,179
26,930
25,458
23,265
24,370
28,916
27,009
30,313
30,538
24,813
33,005
29,300
26,571
28,196
27,659
26,233
25,618
28,755
25,790
32,577
31,258
27,439
34,492
32,007
31,270
33,008
30, 750
31,654
33,369
34,091
33,282
38,938
37,884
32,740
44,786
41,778
45,270
45,455
35,084
35, 103
38,726
45,189
45,499
52,727
54,719
46,289
55,425
47,979
50,043
43,263
49,215
49,034
50,342
63,325
53,604
39,850
244,119
241,431
207,096
239,855
238,396
263,530
313,373
339,055
391,558
500,211
603,088
Total................
1919
For footnotes see end of table, p. 236.
BANK DEBITS
235
EXCEPT INTERBANK ACCOUNTS, MONTHLY, 1919-1941
[Amounts in millions of dollars]
ALL REPORTING CENTERS
1930
January
February
March
April
May
June „
July
t
August
September
October
November
December ._
.. ___ _ _
______
,___ _
_
____
__ _
Total
Number of centers
1931
1932
64,291
55,751
69,275
66,535
65,822
65,948
56 208
49,023
51,773
57,941
45,125
55,767
49,578
40,626
49,995
49,455
46,781
48,329
42,337
36,547
39,367
41,691
31,430
39,158
36,086
29,370
32,092
32,188
27,446
29,234
27,297
27,005
27,782
27,291
22,532
28,941
702,959
267
Month
515,294
265
347,264
264
1933
1935
1936
1937
1938
1939
1940
1941
26,386
24,131
0)
24,275
27,232
31,745
33,217
27,222
26,395
28,254
25,964
28,395
2
1934
29,257
26,815
31,783
33,290
30,820
32,416
29,849
27,667
25,871
28,882
26,763
33,200
32,196
27,619
33,948
33,870
32,436
33,871
35,693
32,586
31,339
35,209
34,780
39,171
38,097
33,887
40,036
37,393
35,810
40,380
37,698
34,080
36,021
40,415
38,683
49,389
42,543
37,169
45,189
40,245
37,406
39,624
40,059
34,731
36,333
39,287
34,519
42,357
34,833
27,867
34,857
33,826
31,359
35,501
33,133
30,799
32,192
36,130,
32,224
43,209
35,180
29,973
37,322
32,822
34,656
36,883
33,245
33,314
36,594
35,830
34,667
43,447
37,786
32,196
37,769
37,779
37,257
35,005
35,959
32,844
33,812
39,695
39,088
46,673
41,129
35,779
44,554
42,233
43,661
45,937
44,804
42,853
43,866
50,869
45,076
56,582
303,2I6
262
356,613
270
402,718
272
461,889
274
469,462
274
405,930
274
423,933
274
445,863
274
537,343
274
141 CENTERS (including New York City)
1930
January __
February
March,....,
April
May
June
July
August
September
Octobcr____.,
November
December
._
______
___„______
_
_ _ _
______
___ _______
_,
Total
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
60,423
52,625
65,723
62,946
61,811
62,312
52,744
45,993
48,636
54,460
42,176
52,107
46,253
38,031
47,011
46,440
43,930
45,299
39,450
34,027
36,700
38,802
29,069
36,345
33,568
27,251
29,889
29,923
25,411
27, 103
25,239
25,215
25,931
25,298
20,750
26,787
24,466
22,437
0)
22,629
25,486
29,712
31,232
25,452
24,555
26,307
24,131
26,301
27,221
25,015
29,685
31,231
28,757
30,142
27,752
25,706
23,894
26,628
24,661
30,811
29,980
25,660
31,649
31 , 550
30,108
31,475
33,287
30,269
29,031
32,577
32,227
36,360
35,424
31,572
37,495
34,782
33,225
37,503
34,816
31,468
33,242
37,313
35,869
45,896
39,488
34,536
42,013
37,144
34,416
36,463
36,914
31,896
33,371
36,085
31,603
39,114
32,084
25,547
32,120
31,169
28,841
32,797
30,505
28,270
29,525
33,235
29,463
39,966
32,392
27,581
34,486
30,143
31,928
33,988
30,476
30,613
33,664
32,711
31,676
40,019
34,717
29,482
34,738
34,769
34,194
31,960
32,856
29,918
30,860
36,317
35,771
42,952
37,657
32,736
40,999
38,743
39,932
42,148
40,961
39,124
39,976
46,477
41,164
51,732
661,956
Month
481,357
322,365
282,708
331,503
374,173
428,605
433,043
373,522
389,677
408,534
491,649
2
NEW YORK CITY
January
February
March.. ._
April
May
June
July
August-September
October
November
December
1933
1934
1935
1936
1937
1938
1939
1940
1941
12,413
12,037
C1)
12,012
13,977
16,743
17,354
13,076
12,340
13,280
12,204
13,013
14,023
13,231
15,608
16,954
14,652
15,388
13,842
12,285
11,122
12,286
11,343
15,214
14,997
12,549
15,895
15,905
14,551
15,667
16,737
14,732
14,014
15,733
15,542
17,684
17,925
15,806
19,629
17,285
16,227
18,623
16,199
14,363
15,656
17,171
17,394
22,658
19,096
16,907
20,398
17,082
15,114
16,434
16,751
13,476
14,718
16,151
13,432
18,277
14,477
10,915
14,746
14,572
12,828
15,637
13,828
12,247
13,085
15,139
12,425
18,879
14,533
12,380
16,274
13,311
14,165
15,312
12,794
13,118
15,138
13,683
13,041
17,633
14,739
12,138
15,201
15,519
14,536
13,110
13,612
11,604
12,593
14,952
14,952
18,626
15,147
13,268
17,402
15,657
16,124
17,282
16,288
15,079
15,654
19,148
16,077
20,598
167,964 *148,449
165,948
184,006
208,936
197,836
168,778
171,382
171,582
197,724
1930
Month
._ . _
_
-
Total. .
_„
1931
1932
34,732
31,117
40,740
38,631
37,423
37,691
29,599
25,052
27,383
30, 781
22,490
29,000
24,556
20,948
27,589
26,821
25,072
25,893
21,007
17,501
20,073
20,677
14,464
19,233
17,676
14,381
16,160
15,558
12,913
14,202
12,728
13,458
14,163
12,943
9,815
13,967
384,639
263,834
BANKING AND MONETARY STATISTICS
236
NO. 51-BANK DEBITS TO DEPOSIT ACCOUNTS,
[Amounts in millions of dollars]
141 OTHER CENTERS (flxelrtin New YwkCity)
1928
1919
January
February
March
April
May
Juno
July
August
September
October
November
December
--- - , _ _
__„
Total
1920
1921
19*22
1923
1924
1925
1926
1927
16,810
13,671
15,472
15,363
16,697
17,641
18,629
17,668
18,086
20,248
19,185
21,705
21,731
17,735
21,146
20,324
19,675
20,541
20,805
18,904
19,778
20,891
19,525
20,540
17,996
14,599
16,550
15,886
15,341
15,852
15,175
14,911
15,523
16,714
15,949
17,446
15,879
14,042
16,535
15,671
16,322
17,173
16,343
15,849
16,554
18,423
17,133
19,586
19,666
16,906
19,644
18,816
19,368
19,533
18,183
17,307
17,261
19,759
18,521
20,367
19,384
17,512
19,193
18,865
18,639
18,304
18,662
17,776
18,238
20,912
18,846
21,830
22,300
18,593
21,240
20,613
20,417
21,701
21,579
19,869
20,894
24,039
21,358
24,086
23,607
20,102
23,459
22,537
21,449
22,466
23,300
20,778
21,337
23,780
21,594
24,493
23,456
20,781
24,026
23,576
22,873
23,813
22,932
22,048
23,381
25,111
23,803
26,503
211,175
Month
241,595
191,942
199,510
225,331
228,161
256,689
268,902
282,303
306, 194
331,942
1929
25,001 ' 28.095
21,753
24,489
26,847
28,099
25,225
26,771
26,4V2
26,346
26,404
27,030
23,897
28,416
23,401
28,310
24,450
27,275
32,202
27, 705
25,880
28,436
29,659
26,903
OTHER REPORTING CENTERS
Month
1919
1921
1922
1923
1924
1925
1926
1927
1928
1929
3,099
2,540
2,893
2,902
2,845
3,053
3,053 1
2,782
2,895
3,324
3,004
3,391
3,381
2,773
3,229
3,236
3,069
3,271
3,427
2,936
3,068
3,430
3,214
3,596
3,481
2,885
3,398
3,471
3,243
3,388
3,341
3,145
3,292
3,587
3,389
3,847
3,687
3,253
3,654
3,547
3,628
3,910
3,579
3,371
3,480
4,022
3,699
4,286
4,012
3,407
3,869
3,932
3,812
3,956
4,083
3,843
4,049
4,515
4,026
3,997
-
...
- ...
- _ „
..-
Total
Number of centers
38,630
121
40,467
122
44,116
127
47,501
128
403
321
363
373
379
393
427
412
451
473
446
514
644
530
629
610
584
621
642
575
619
647
600
741
956
754
894
871
824
881
826
798
831
896
825
944
955
811
987
969
1,003
1 048
986
943
1,041
1,148
1,067
1,190
2,657
2,165
2,640
2,542
2,616
2,690
2,504
2,393
2,405
2,773
2,502
2,798
2,673
2,324
2,515
2,561
2,549
2,507
2,578
2,378
2,472
2,824
2,538
3,017
4,955
8
January
February
March
April
May
June
July
August
September
October
November
December
1
2
1920
"7,442
15
10,300
21
12,148
24
30,685
108,
30,936
111
35,781
118
Not available on account of bank holiday.
Eleven months only.
NO. 52-BANK DEBITS TO DEPOSIT ACCOUNTS, EXCEPT INTERBANK
[Amounts in millions of dollars]
ALL REPORTING CENTERS
1919
Boston
New York
Philadelphia
Cleveland
Richmond
,
Atlanta
Chicago
St Louis
]VIi nneapolis
Kansas City
Dallas
San Francisco
_
__,__.
- .
„ -
._«,,.-
Total
Number of centers
1921
1922
1923
1924
1925
1926
1927
1928
1929
29,471
249,375
22,772
31,052
9,635
12,812
59,540
13,542
9,310
16,459
7,821
28,679
23,041
213,911
19,648
24,294
10,404
9,383
47,403
10,658
7,051
12,376
6,825
24,344
24,074
247,067
21,016
25,766
10,574
9,579
49,889
11,680
7 197
12,738
6,909
25,024
27,012
252,531
24,766
31,731
14,414
11 807
57,894
13,983
8 008
14^749
7 411
30, 106
27,842
278,633
25,286
31,201
14,269
12 436
58,502
14,054
9 031
13,743
6 894
30,736
31,372
330,368
28,051
34,637
15,820
14,543
66,695
15,786
10 022
15,869
8 356
34,324
33,474
357,243
29,207
36,166
16,429
15,138
70,518
16,358
9 381
16,549
8,788
37,336
36,041
410,875
30,251
38,817
16,392
15,422
73,518
16,365
9 721
16,680
9,033
41,213
36,813
521 541
33,529
40 688
16,286
15 152
82,727
17 401
10 383
17 774
10 629
47,598
40,175
628,002
36,669
43,635
16,863
15,713
92,765
17,544
11 295
19,619
11 491
48,760
460 249
149
.
1920
26,581
250,880
20,080
26,524
8,611
11,139
50,908
12,920
8 240
14,857
6,606
22,903
Federal Reserve district
490 468
156
409 338
162
451 513
166
494 412
249
522 627
605 843
259
646 587
262
714 328
263
850 521
268
982 531
269
251
141 CENTERS
Federal Reserve district
Boston
New York (excl. N. Y. C.)Philadelphia. _ _ „ _ „ _ _ „ _ _ _
Cleveland „
._. , - ,
Richmond
Atlanta
Chicago L
.
St. Louis
Minneapolis
Kansas City -.
._„_.
Dallas
San Francisco
-.
Total, 140 centers*
New York City*
Total, 141 centers
Number
of
centers*
ma
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
25,898
-6,761
19,496
23,559
8,611
11,139
50,669
12,920
8,240
14,814
6,165
22,903
28,137
7,944
22,092
27,677
9,635
12,812
59,066
13,542
8,902
16,322'
7,240
28,226
21,736
6,815
18,690
21,105
8,235
9,383
46,837
10,401
6,788
12,208
5,807
23,937
22,392
7,212
19,985
22,290
7,716
9,579
49,304
10,939
6,971
12,550
6,010
24,562
24,851
8,097
22,301
26,140
8,501
11 137
55,367
12,794
7,495
13,494
6,218
28,936
25,675
8,331
22, 773
25,775
8,298
11 721
55,995
12,812
8,240
12, 779
6,227
29,535
29,014
9,470
25,253
28,726
9,193
13,913
63,575
14,385
9,039
14,193
7,197
32,731
31,033
9,778
26,248
30,022
9,336
14,264
67,217
14,741
8,301
14,824
7,475
35,663
33,566
10,261
27,291
32,180
9,231
13,790
70, 195
14,750
8,699
15,088
7,782
39,470
34 228
11,373
30,463
33 317
9 085
13 707
79,062
15 495
9 297
16,082
8,415
45 670
37,472
12,972
33,440
36,025
9,379
14 267
88,910
15,651
10 139
17,818
9,196
46,673
140 211,175
1 244,119
141 455,294
241 595
191 942
199 510
225 331
228 161
256 689
268 902
282 303
306 194
331 942
241 431 ' 207 096
483,026 399,038
239 855
439,365
238 396
463,727
263 530
491,691
313 373
570,062
339 055
607,957
391 558
673,861
500 211
806,405
603 088
935 030
11
6
10
13
7
15
21
5
9
15
10
18
* Included in the national series covering 141 centers.
1
Figures for eleven months only (March figures not available on account of bank holiday).
BANK DEBITS
237
EXCEPT INTERBANK ACCOUNTS, MONTHLY, 1919-W1-Continued
[Amounts in millions of dollars]
140 OTHER CENTERS (excluding New Ywk City)
1934
1935
1936
1937
1938
1939
1940
12,053
10,400
0)
10,617
11,509
12,969
13,878
12,376
12,215
13,027
11,927
13,288
13,198
11,784
14,077
14,277
14,105
14,754
13,910
13,421
12,772
14,342
13,318
15,597
14,983
13,111
15,754
15,645
15,557
15,808
16,550
15,537
15,017
16,844
16,685
18,676
17,499
15,766
17,866
17,497
16,998
18,880
18,617
17,105
17,586
20,142
18,475
23,238
20,392
17,629
21,615
20,062
19,302
20,029
20,163
18,420
18, '653
19,934
18,171
20,837
17,607
14,632
17,374
16,597
16,013'
17,160
16,677
16,023
16,440
18,096
17,038
21,087
17,859
15,201
18,212
16,832
17,763
18,676
17,682
17,495
18,526
19,028
18,635
22,386
19,978
17,344
19,537
19,250
19,658
18,850
19,244
18,314
18,267
21,365
20,819
24,326
22,510
19,468
23,598
23,086
23,808
24,866
24,673
24,045
24,322
27,329
25,087
31,133
154,401 '134,259
165,555
190,167
219,669
235,207
204,744
218,295
236 i 952
293,925
1940
1941
1930
..
Total
1932
1933
21,697
17,083
19,422
19,619
18,858
19,406
18,443
16,526
16,627
18,125
14,605
17,112
15,892
12,870
13,729
H.365
12,498
12,901
12,511
11,757
11,768
12,355
10,935
12,820
277,317
January
February
March
April
May
June
July
August
September
October
November
December
1931
25,691
21,508
24,983
24,315
24,388
24,621
23,145
20,941
21,253
23,679
19,686
23,107
Month
217,523
1941
OTHER REPORTING CENTERS
1930
•January
February
March
April _... . .
May
June... _ . _ _ _ . _
July
August.....
September
October
Novem ber
December
.__.
_-_.._
Total
Number of centers
1931
3,868
3,126
3,552
3,589
3,511
3,636
3,464
3,030
3,137
3,481
2,949
3,660
3,325
2,595
2,984
3,015
2,851
3,030
2,887
2,520
2,667
2,889
2,361
2,813
1935
1936
1937
1938
1939
2,036
1,800
2,098
2,059
2,063
2,274
2,097
1,961
1,977
2,254
2,102
2,389
2,216
1,959
2,299
2,320
2,328
2,396
2,406
2,317
2,308
2,632
2,553
2,811
2,673
2,315
2,541
2,611
2,585
2,877
2,882
2,612
2,779
3,102
2,814
3,493
3,055
2,633
3,176
3,101
2,990
3,161
3,145
2,835
2,962
3,202
2,916
3,243
2,749
2,320
2,737
2,657
2,518
2,704
2,628
2,529
2,667
2,895
2,761
3,243
2,788
2,392
2,836
2,679
2,728
2,895
2,769
2,701
2,930
3,119
2,991
3,428
3,069
2,714
3,031
3,010
3,063
3,045
3,103
2,926
2,952
3,378
. 3,317
3,721
3,472
3,043
3,555
3,490
3,729
3,789
3,843
3,729
3,890
4,392
,3,912
4,850
220,508
121
24,899
123
1934
1,920
1,694
C1)
,646
,746
,033
,985
,770
,840
,947
,833
2,094
2,518
2,119
2,203
2,265
2,035
2,131
2,058
1,790
1,851
1,993
1,782
2,154
33,937
124
1933
1932
41,003
126
Month
25,110
129
28,545
131
33,284
133
36,419
133
32,408
133
34,256
133
37,329
133
45,694
133
ACCOUNTS, BY FEDERAL RESERVE DISTRICTS, YEARLY, 1919-1941
[Amounts in millions of dollars]
ALL REPORTING CENTERS
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco.
__ _ '
Total
Number of centers
1931
1932
19331
1934
1935
1936
1937
1938
1939
1940
1941
26,168
281,130
23,982
29,337
13,540
10,802
57,950
11,496
7,523
13,082
7,545
32,739
19,253
181,522
16,559
19,133
10,562
8,009
39,638
8,563
5,566
9,464
5,716
23,279
16,805
159,744
14,343
16,167
8,652
7,073
33,326
7,511
5,527
8,572
5,248
20,248
19,940
178,860
17,395
20,341
10,964
8,884
42,923
9,273
6,265
10,665
6,807
24,296
22,196
198,113
19,543
23,517
12,212
9,552
51,773
10,604
7,093
11,872
7,835
28,408
25,379
224,200
21,504
27,921
14,239
10,864
61,505
12,085
8,030
13,531
9,135
33,496
25,728
214,310
22,516
30,793
15,711
12,207
64,750
12,949
8,445
15,064
10,652
36,337
22,181
183,421
20,281
24,750
14,189
11,637
55,134
11,468
7,636
13,199
9,922
32,112
23,403
186,419
22,013
26,723
15,077
12,511
59,955
12,547
8,049
13,559
10,362
33.3J5
25,073
187,840
23,439
30,606
16,716
13,807
65,455
13,442
8,647
13,897
11,056
35,885
30,069
216,652
29,552
39,008
21,304
17,579
81,270
17,271
10,029
16,859
13,887
43,863
702,959
267
._
1930
32,564
405,818
29,544
37,518
15,592
13,f70
75,805
14,471
9,691
17,289
9,768
41,729
Federal Reserve district
515,294
265
347,264
264
303,216
262
356,613
270
402,718
272
461,889
274
469,462
274
405,930
274
423,933
274
445,863
274
537,343
274
1936
1937
1938
1939
,1940
1941
141 CENTERS
Federal Reserve
district
Number
of
centers*
1930
1931
1932
19331
1934
18 365
20 497
23 461
7,390
6,699
7,967
15,794
17,807' 19,442
16,475
19,028
22,571
6,340
6,988
8,005
8,004
8,536
9,586
41,252
49,644
58,810
8,491 • 9,667
10,974
5,751
6,471 • 7,258
9,771
10,911
12,475
5,550
6,356
7,484
23,063
26,872
31,636
23 696
8,747
20,217
24 925
8,817
10,840
61,717
11 697
7,687
13,908
8,786
34,170
20 366
7,978
18,150
19 862
7,952
10,270
52,525
10 305
6,900
12,156
8,174
30,106
21 478
8,191
19,724
21,452
8,455
11,007
57,101
11,311
7,253
12,497
8,612
31;214
23 068
8,849
20,961
24 840
,9,433
12,050
62,282
12 US
7,779
12,805
9,172
33,595
27 599
10,418
26,573
31 522
12,234
15,400
77,386
15 555
8,946
15,632
11 579
41,081
1935
Boston
N.Y.(excl.N.Y.C.)
Philadelphia
„.
Cleveland
Richmond.
Atlanta.,
Chicago
St. Louis
Minneapolis
Kansas City
Dallas . . _
San Francisco
11
6
10
13
7
15
21
5
9
15
10
18
30,221
10,715
26,690
31,256
8,895
11,923
72,434
13,031
8,662
15,770
7,796
39,924
24, 153
8,349
21,662
24,079
,7,661
9,919
55,257
10,464
6,710
11,930
6,084
31,255
17 727
6,613
14,811
15,427
5,994
7,350
38,043
7,832
5,038
8,644
4,666
22,256
15,556
5,660
12,970
13,011
4,852
6,445
32,129
6,987
5,079
7,875
4,339
19,356
Total,140 centers*
140
277,317
217,523
154,401
134,259
165,555
190,167
219,669
235,207
204,744
218,295
236, 952
293,925
1 384,639
141 661,956
263,334
481,357
167,964
322,365
148,449
282,708
165,948
331.503
184,006
374,173
208,936
428,605
197,836
433,043
168,778 ' 171,382
373,522 389,677
171,582
408,534
197,724
.491,649
New York City*..
Total, 141 centers-
BANKING AND MONETARY STATISTICS
238
NO. tt-BANK DEBITS TO DEPOSIT ACCOUNTS, EXCEPT INTERBANK ACCOUNTS, BY
[In millions of dollars]
F. R. DISTRICT NO. 1-BOSTON
City and State
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
Hartford*
Conn.
New Haven* _
.
Conn.
Waterbury*
Conn.
Bangor*
Maine
Portland
Maine
Boston*
... =
Mass,
Brockton
Mass.
Fall River*
Mass.
Holyoke*
- Mass.
Lowell* .
______
-Mass.
Lynn
.
.Mass.
New Bedford*
Mass.
Spri ngfield
_ _
- - Mass.
Worcester*
Mass.
Manchester
_
_ -N. H.
Providence* . _ „ — _ _ ... R.I.
Burlington
.Vt.
1,102
859
363
149
(a)
19,614
1,292
1,024
392
193
451
20,777
(3)
(2)
1,085
855
288
187
387
15,953
431
170
270
(2)
368
683
840
2
( )
1,732
(2)
470
219
300
(«)
437
883
982
2
( )
2,051
(2)
318
152
233
a
( )
308
686
751
232
1,606
2
( )
1,144
901
340
168
409
16,331
(J)
363
171
244
296
340
761
751
216
1,639
(S)
1,314
1,050
395
180
489
17,948
258
414
211
271
317
383
853
859
244
1,826
2
( )
1,448
1,087
403
169
486
18,769
251
359
182
231
321
366
896
857
213
1,804
a
C)
1,565
1,164
455
167
535
21,500
259
401
199
249
359
404
978
926
227
1,984
2
( >
1,682
1,206
469
181
561
23,450
279
355
196
247
387
360
1,004
929
210
1,958
2
( )
2,236
1,289
489
185
586
25,240
277
376
243
243
381
364
1,030
943
201
1,958
J
3,084
1,503
600
200
643
27,540
302
354
190
254
407
378
1,120
995
222
2,374
(•)
Total, all centers
Total, 11 centers*
26,581
25,898
29,471
28,137
23,041
21,736
24,074
22,392
27,012
24,851
27,842
25,675
31,372
29,014
33,474
31,033
36,041
33,566
2,568
1,403
549
188
609
25,268
283
371
217
239
399
322
1,086
927
208
2,176
(•)
36,813
34,228
_______
(2)
C)
40,175
37,472
F. R. DISTRICT NO. .-NEW YORK
City and State
1920
1921
1922
1923
1924
1925
1926
1927
1928
Stamford
Conn
(»)
Montelair
N. J.
0)
Newark .... . _ _ _ _ _ _ _ _
N. J,
C22 )
Northern N. J. Clearing House Assn.
211
Passaie*
N. J.
Albany* <
„ _ _ . _ . ... N. Y.
'1,047
Binghamton*
N. Y.
176
Buffalo*
_______
N. Y,
3,159
Elmirs
N. Y.
(2)
Jamestown. _ ..,__„„_„.,
N, Y.
(2)
New York*
— . N. Y. 244,119
(2)
Poughkeepsie
N. Y,
Rochester*
... „ _ N. Y.
1,437
731
Syracuse*
N. Y
Utica
_ _ _ _ _ _ _ ._ ' N. Y.
(a)
(»)
(»)
(')
(>)
284
<1,169
229
3,626
('.)
(»)
241,431
(2)
1,711
925
<«)
(8)
(»)
(>>
(*)
259
'1,246
197
2,929
(')
Cs)
207,096
(2)
1,491
693
(s)
(*)
(2)
(2)
(a>
301
'1,251
213
3,144
(3)
<»>
158
160
3,206
2,094
387
'1,239
242
3,625
205
215
238,396
(s>
1,790
814
(J)
159
186
3,456
2,368
397
*1,410
235
3,630
212
219
263,530
172
1,857
802
(2)
184
220
3,957
2,502
491
'1,544
263
4,208
222
252
313,373
188
2,076
888
(2)
189
263
4,414
2,865
510
'1,608
270
4,322
233
255
339,055
191
2,107
961
(2)
200
292
4,782
3,082
547
'1,758
279
4,437
240
258
391,558
202
2,194
1,046
(2)
217
322
5,392
3,298
579
'1,853
299
5,226
260
260
500,211
208
2,272
1,144
(')
240
346
6,044
4,535
562
'2,172
331
6,283
271
274
603,088
232
2,370
1,254
C1)
Total, all centers
Total, 7 centers*...... — — ,_ —
249,375
249,375
213,911
213,911
247,067
247,067
252,531
246,493
278,633
271,861
330,368
322,843
357,243
348,833
410,875
401,819
521,541
511,584
628,002
616,060
1923
1924
1925
1926
1927
1928
1929
440
636
755
378
180
278
473
162
270
335
86
46
18,841
462
905
587
200
252
505
728
820
432
189
304
527
175
287
366
95
55
21,109
499
882
589
215
274
581
790
871
457
197
322
526
175
299
351
96
48
21,937
568
915
565
230
279
670
787
905
467
207
275
472
180
293
351
97
100
22 840
564
923
587
250
283
807
780
968
482
206
316
463
185
297
396
97
193
25 678
569
931
610
253
298
213
318
433
104
206
28 253
611
922
570
272
317
25,286
22,773
28 051
25 253
29 207
26 248
30 251
27 291
33 529
30 463
36 669
33 440
1919
()
250,880
250,880
(»>
239,855
(2>
1,588
715
| 1929
F.R. DISTRICT NO. t-PHIUDELPHIA
City and State
1919
1920
1921
1922
Wilmington*
Del.
Camden
_ _ _ „ ... N. J.
Trenton*
N. J.
Allentown
= __„„_„,_
Pa.
Altoona*
...
.Pa.
Chester*
Pa.
Harrisburg
._„__.,_
_ Pa.
Hazleton .
_____
Pa.
Johnstown
._ _Pa.
Lancaster*
Pa.
Lebanon
Pa.
Norristown
_._.__
Pa.
Philadelphia*
Pa.
Reading
Pa,
Scranton*
Pa.
Wilkes-Barre*
_ _ _ _ _ _ _ _ _ _ _ _ _ .Fa.
Williamsport*
.....
... .Pa.
York*
Pa.
162
252
234
311
(2)
16,471
202
641
362
172
181
18,518
264
788
456
224
234
(2)
15,457
373
779
438
210
198
(2)
16,767
405
700
420
216
213
463
587
712
358
206
287
446
144
291
318
85
48
18,443
506
893
524
217
238
Total, all centers
Total, 10 centers*
20,080
19,496
22,772
22,092
19,648
18,690
21,016
19,985
24, 766
22 301
522
C2)
512
C2)
152
231
220
(2)
(2)
465
(2)
645
(2)
171
280
182
(2)
(!)
(2)
* Included in the national series covering 141 centers.
For other footnotes see end of table, pp. 246-47,
392
C2)
573
2
C)
158
224
337
(2)
248
261
(2)
391
(8)
615
(2)
162
231
377
C2)
249
270
(2)
1 099
813
1 038
497
211
325
467
BANK DEBITS
239
FEDERAL RESERVE DISTRICTS AND BY REPORTING CENTERS, YEARLY, 1919-1941
[In millions of dollars]
F. R. DISTRICT NO. 1-BOSTON
1930
City and State
Hartford*
New Haven*. _
Waterbury*
Bangor*..,,. ...
Portland
Boston*
Brockton
Fall River*
Holyoke*
Lowell*
Lynn
New Bedford*.
Springfield
Worcester*
Manchester
Providence* .._
Burlington
1931
1932
2, HO
1,159
1,598
19331
1,455
2,469
Conn.
1,355
.Conn.
439
Conn.
190
.Maine
565
Maine
.Mass. 22,074
258
Mass.
277
.Mass.
170
Mass.
223
- Mass .
350
Mass.
297
.Mass.
971
Mass.
845
Mass.
199
N. H.
1,882
-R. I.
. Vt, ( 2 )
351
157
475
17,346
226
234
142
197
300
236
842
707
172
848
255
116
361
12,603
170
164
110
145
218
163
645
540
132
1,514
1,185
(2)
.114
285
11,128
145
152
94
130
172
149
530
417
117
1,059
(2)
32,564
30,221
26,168
24,153
19,253
17,727
16,805
15,556
Total, all centers
Total, 11 centers*
(2)
624
234
1934
1935
1936
1937
1938
1,677
2,257
862
338
185
443
16,942
189
210
122
167
216
211
771
594
182
1,573
117
2,306
910
391
190
445
16,779
202
225
139
183
236
222
832
676
193
1,675
124
2,091
816
303
159
406
14,288
185
194
118
158
210
184
720
572
178
92
2,000
748
310
164
374
14,762
179
188
109
157
200
212
683
497
163
1,350
100
19,940
18,365
22,196
20,497
25,379
23,461
25,728
23,696
709
290
146
352
13,290
168
182
101
142
197
175
617
456
149
1,197
1940
1941
116
2,248
866
332
166
424
14,907
200
214
126
165
218
209
764
623
194
1,622
125
2,594
942
377
184
419
15,694
207
232
150
174
229
237
809
714
207
1;770
134
3,346
1,173
490
218
562
18,192
253
287
182
203
276
294
971
898
245
2,316
163
22,181
20,366
23,403
21,478
25,073
23,068
30,069
27,599
1,483
1939
F. R. DISTRICT NO. 2-NEW YORK
City and State
1930
1931
1932
19331
1934
1935
1936
1937
1938
1939
1940
1941
154
178
3,242
2,345
264
2,334
214
2,629
145
129
184,006
145
1,179
770
379
193
201
3,643
2,374
285
2,189
246
2,985
166
147
208,936
159
1,404
858
414
230
211
3,885
2,444
320
2,452
259
3,209
185
165
197,836
174
1,511
996
433
208
187
3,524
1,901
287
2,642
237
2,596
153
137
168,778
155
1,336
880
400
221
179
3,735
1,855
329
2,596
242
2,653
162
148
171,382
166
1,409
962
380
246
182
4,062
2,028
385
2,830
258
2,857
171
166
171,582
178
1,477
1,042
376
302
195
4,760
"2,150
523
3,013
298
3,562
229
210
197,724
210
1,773
1,249
454
198,113
191,396
224,200
216,903
214,310
206,583
183,421
176,756
186,419
179,573
187,840
180,431
216,652
208,142
204
Stamford
Conn.
288
Montclair
N. J.
Newark
N J.
5,938
Northern N, J. Cl. Ho. Asn.
3,376
493
Passaie*
.
N. J.
42,213
Albany**
N. Y.
285
Binghamton*
N. Y.
4,736
Buffalo*
.N. Y.
234
Elmira . . .
NY.
222
Jamestown
N Y
New York* ...
N. Y. 384,639
202
Poughkeepsie..
N. Y.
1,907
Rochester*
N. Y.
1,081
Syracuse*
N Y.
Utica
N. Y.
(2)
171
263
5,242
2,706
432
«1,685
233
3,532
204
185
263,834
176
1,577
890
(2)
189
2,454
150
130
167,964
143
1,228
686
(*)
160
2,066
126
101
148,449
118
1,035
637
342
138
168
3,235
1,906
215
42,024
189
2,419
132
116
165,948
140
1,141
711
378
405,818
395,354
281,130
272,183
181,522
174,577
159,744
154,109
178,860
172,647
Total, all centers
Total, 7 centers*
133
211
4,107
2,071
293
41,763
119
162
3,041
1,626
173
41,589
F. R. DISTRICT NO. J-PHIU DELPHI A
1930
City and State
Wilmington*. .
Camden
Trenton*
Allentown. ...
AHoona*
...
Chester*
.
Harrisburg _ ._
Hazleton
Johnstown
Lancaster* ,_
Lebanon
Norristown. _
Philadelphia*..
Heading
Scranton*
Wilkes-Barre*.
Williamsport*.
York*
Total, all centers
Total, 10 centers*
Del.
N. J.
N J
Pa.
Pa.
Pa.
Pa.
Pa.
Pa.
Pa,
Pa
Pa.
Pa.
Pa.
Pa.
Pa.
Pa.
Pa.
1931
1932
1933 1
1934
1935
1936
1937
1938
1939
1940
1941
885
760
908
435
192
294
407
179
279
397
91
180
22,255
523
790
468
211
290
684
609
924
358
146
229
339
158
214
317
73
152
17,840
417
700
410
171
241
501
460
703
266
112
158
282
122
139
203
53
103
11,907
323
605
328
114
180
454
364
584
207
82
119
258
101
87
146
47
84
10,645
225
457
256
73
154
575
408
736
233
97
116
309
126
110
180
56
92
13,030
267
520
272
89
179
700
413
812
242
102
131
351
135
128
216
62
101
14,741
304
531
267
103
204
896
500
807
272
122
151
403
166
172
267
74
118
15,974
357
554
295
127
249
1,143
536
844
308
139
163
466
150
223
312
85
129
16,345
402
553
297
132
289
1,124
495
813
269
115
142
464
145
165
274
74
112
14,553
407
507
263
116
243
1,237
567
909
296
122
160
457
133
174
298
80
117
15,814
465
523
268
124
269
1,434
632
992
321
134
188
496
123
201
312
87
125
16,630
493
544
289
142
296
1 738
388
152
251
580
142
247
368
108
157
21,461
671
594
332
182
382
29,544
26,690
23,982
21,662
16,559
14,811
14,343
12,970
17,395
15,794
19,543
17.807
21,504
19,442
22,5f6
20,217
20,281
18,150
22 013
19,724
23 439
20,961
29 562
26,573
786
1 113
BANKING AND MONETARY STATISTICS
240
NO. W-BANK DEBITS TO DEPOSIT ACCOUNTS, EXCEPT INTERBANK ACCOUNTS, BY
[In millions of dollars]
F. R. DISTRICT NO. 4-CLEVEUNO
City and State
Lexington*
Akron*
Canton
Cincinnati
Cleveland*
,
Columbus*
Dayton*
...
Hamilton
Lima,,,
.„„.
Lorain
Middle-town
Springfield*
.
Steubenville
Toledo*
..
Warren
Youngstown* , „ _
Zanesville
Butler
.....
Connollsville
Erie*
Franklin
.
Greensburg*8
Homestead
_
New Brighton
Oil City*
....
Pittsburgh*
Wheeling*
,
Ky.
Ohio
Ohio
Ohio
.....
„ Ohio
,
Ohio
_„.,, .....Ohio
«
Ohio
,.,„..- .....Ohio
,.
Ohio
Ohio
... _
Ohio
Ohio
....
Ohio
Ohio
„ _ _ _ _ , „ - . Ohio
Ohio
——_ _
Pa.
=„
Pa.
Pa
.„„.
. Pa.
Pa
. _ „ _ - - Pa.
~
Pa.
_.
..._.Pa.
„Pa.
W Va,
Total, all centers.. — — . - _ - — — ,-Total, 13 centers*
,
1919
1920
1921
314
1,084
(2)
2,965
7,836
1,397
604
(2)
337
1,258
(2)
3,375
9,180
1,565
629
C2)
(2)
2
(»)
215
680
(2)
3,189
6,422
1,425
655
(5)
( 22 )
1923
1922
289
868
525
3,961
7,774
1,803
833
261
683
(2)
3,476
6,588
1,564
675
(2)
(2)
2
(2)
142
8,955
418
6284
C2)
C2)
172
10,714
496
127
8,497
403
153
8,703
455
209
75
114
250
C2)
2,132
159
740
154
141
69
386
(2)
5257
47
137
158
10,097
553
26,524
23,559
31,052
27,677
24,294
21,105
25,766
22,290
31,731
26,140
(2)
(
(2)
( 194
(2)
188
170
C2 )
1,842
C2 )
(2)
(2)
(3)
1,394
1,642
1,390
(2)
(2)
2
723
(
<«))
(2)
337
( )
6185
(2)
2
(2)
(2)
564
802
(2)
(2)
(2)
410
C 22 )
C)
(S)
314
(2)
5219
( 2!)
(2)
C)
(>
222
(2)
(2)
603
2
(2)
(2)
( )
315
(2)
5226
(2)
(2)
'
1924
1925
1926
1927
1928
277
1,081
573
4,230
8,359
1,766
936
(2)
211
80
119
265
142
2,494
162
842
148
133
57
412
281
1,130
574
4,454
9,083
1,926
1,058
299
1,218
571
4,954
9,793
2,017
1,132
(2)
(2)
297
1,343
598
5,372
10,188
2,063
1,166
195
189
77
156
281
143
3,354
168
893
162
141
52
454
65
5
250
53
262
878
528
3,792
7,588
1,614
816
(2)
223
78
110
234
137
2,168
161
730
157
131
57
378
(2)
«266
52
C2)
158
10,140
543
5250
56
196
74
134
289
134
2,637
162
848
153
137
69
434
(2)
5249
57
179
11,315
550
31,201
25,775
34,637
28,726
(2)
(2)
172
11,342
568
182
75
138
287
136
2,857
169
854
156
142
60
435
(2)
5270
54
£2)
186
12,273
559
38,817
32,180
40,688
33,317
340
1,442
664
5,474
11,439
2,319
1,299
211
190
79
159
299
152
2,770
183
988
157
159
47
497
74
S
255
61
!
()
235
13,515
627
212
12,190
626
36,166
30,022
1929
(2)
(2)
;
43,635
36,025
F. R. DISTRICT NO. 5-RICHMOND
City and State
Washington— _ _ _ — .„ _~D. C.
Baltimore*
. ....
..._Md.
Cumberland
Md.
Hagerstown
Md.
Asheville
N. C.
Charlotte*
... _„..N. C.
Durham
.._
N. C.
Greensboro
N. C.
Raleigh*....—....™. — _ _ — _N. C.
Wilmington
N. C.
Winston-Salem „„ .... „ »N. C.
Charleston*8
S. C.
Columbia*
S. C.
Greenville*6
. ... .
S. C.
Spartanburg
S. C.
Danville
....
.. Va.
X/ynchburg
„_..
. Va.
Newport News
Va.
Norfolk*' 7
„. „._
Va.
Portsmouth
.. —
Va.
Richmond*
Va.
Koanoke
.. -.- - - =
Va.
Charleston
_•
W. Va.
Huntington
W Va.
Total all centers
Total, 7 centers* =. „„ = ..._,.-__.-..
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
(2)
if1!*
1,910
5,091
2,156
4,318
2,323
4,524
2,394
4,527
2,781
5,072
3,120
4,942
3,255
(2
(')
109
122
282
527
245
275
2,939
5,052
(2)
(2)
(2)
109
125
261
495
236
269
2,930
5,205
(2)
123
135
360
713
366
299
364
253
337
242
116
128
376
690
374
301
4,84-6
(2)
2
(2 )
( J
307
(2)
(!)
(2)
2
454
(2)
(2)
241
300
(2)
(2)
(2)
(2)
208
Ca)
(')
441
374
( 22)
C2)
C )
2
(2 )
( )
(2)
(2)
236
456
356
2
(2)
( 2)
( )
(2)
(3)
U.011
7
U.036
1,396
C2)
C2)
(2)
1,493
8,611
8,611
9,635
9,635
()
7
( )
(2)
(2)
2
( )
* Included in the national series covering 141 centers.
For other footnotes see end of table, pp. 246-47.
(=
301
249
C2)
2
C2 )
(z )
(2 )
( )
?722
7
( )
1,364
(2)
2
378
(2)
(2)
259
253
(*)
297
262
199
2
( )
(2)
(2)
(2)
?794
(7)
1,408
C22 )
382
354
296
287
143
121
247
91
7
891
(7)
1,577
< )
259
( )
250
291
457
318
10,404
8,235
10,574
14,414
7,716
8,501
387
309
252
268
172
120
232
85
'828
C7)
1,518
300
424
314
14,269 •
8,298
110
128
327
590
= 307
270
406
252
422
314
237
285
192
122
244
106
7
865
(7)
1,709
317
439
325
15,820
9,193
109
130
438
612
357
316
313
255
471
336
229
272
173
129
251
142
7
951
(7)
1,690
354
452
314
16,429
9,336
114
131
41Q
659
390
308
297
217
297
236
527
333
281
303
177
139
240
122
515
B
288
292
1
*285
174
126
243
121
7
7
CT)
C7)
898
1,711
352
472
301
16,392
9,231
5,217
859
300
215
516
311
299
272
178
118
245
132
7
805
7
38
1,720
1,773
16,286
9,085 j
16,863
9,379
352
477
273
390
521
282
BANK DEBITS
241
FEDERAL RESERVE DISTRICTS AND BY REPORTING CENTERS, YEARLY, 1919-1941-Continued
[In millions of dollars]
F. R. DISTRICT NO. 4-CLEVEUND
City and State
1930
298
Lexington*
ICy.
Akron*
Ohio
Canton
Ohio
Cincinnati
Ohio
Cleveland*
Ohio
Columbus*
.Ohio
Dayton*
Ohio
Hamilton
Ohio
Lima
Ohio
Lorain . . _ . _ _ _ . . Ohio
Middletown
_ Ohio
Springfield*.,.
....Ohio
Steubenville
Ohio
Toledo*
Ohio
Warren
Ohio
Youngstown*
Ohio
Zanesville
Ohio
Butler
Pa.
Connellsville
Pa.
Erie*
Pa
Franklin
Pa.
Greensburg* 6
_ - Pa .
Homestead
Pa.
New Brighton
_ . _ Pa.
Oil City*
Pa.
Pittsburgh*..
....Pa.
Wheeling*
W. Va.
139
812
122
154
(2)
467
61
6235
55
(2)
196
11,936
528
Total, all centers—..... - ..
Total, 13 centers*
37,518
31,256
1,170
538
4,546
9,882
2,205
1,066
171
152
70
131
271
123
2,190
1931
1932
235
942
393
3,956
7,822
187
584
214
2,883
4,888
1,788
1,141
864
131
124
58
102
209
99
19331
161
362
212
2,443
3,842
996
403
73
65
25
63
111
52
792
56
285
57
67
(2)
182
25
42
18
2
( )
440
523
92
97
36
68
138
61
893
54
314
68
74
(2)
246
32
63
27
2
C)
106
6,026
318
• 65
5,478
292
29,337
24,079
19,133
15,427
16,167
13,011
1,492
95
563
104
105
2
C)
376
45
100
46
(2)
147
9,101
1934
1935
208
538
303
2,928
4,738
238
611
359
3,393
1,451
489
92
92
32
74
144
71
1,024
5,614
1,850
589
106
111
40
91
168
82
1,129
1936
249
738
414
4,014
6,865
2,129
765
135
142
51
111
193
107
1,483
1937
302
840
481
4,283
7,571
2,257
912
154
174
66
132
230
136
1,675
1938
286
691
361
3,619
6,069
1,939
723
124
164
55
106
192
102
1,340
1939
282
802
425
3,844
6,779
2,065
763
130
16,4
61
131
201
116
1,443
1940
289
912
493
4,148
7,906
2,253
892
144
183
69
149
215
125
1,622
322
1,202
657
5,404
10,183
2,686
1,180
189
218
81
197
270
143
2,071
204
819
129
156
C2)
486
51
114
57
(2>
145
11,635 .
409
86
6,800
324
82
455
78
87
C2)
257
34
65
26
2
C)
106
7,604
342
104
552
90
107
(2)
321
42
81
33
2
( )
122
8,677
396
128
637
101
128
(2)
397
43
93
42
2
( )
138
9,456
417
98
471
90
100
(2)
300
35
80
34
2
( )
113
7,332
326
323
34
83
38
2
C )
119
7,676
350
20,341
16,475
23,517
19,028
27,921
22,571
30,793
24,925
24,750
19,862
26,723
21,452
30,606
24,840
39,008
31,522
1939
1940
1941
72
387
69
80
(2)
226
30
60
2 23
C)
119
566
98
2111
C)
141
646
109
122
2
1941
'C)
365
39
95
44
(2)
125
9,172
348
F. R. DISTRICT NO. 5-RICHMOND
City and State
Washington
D. C.
Baltimore*
_ Md.
Cumberland
- Md.
Hagerstown
Md.
Asheville .
_„ N. C.
Charlotte*
N. C.
Durham
_. _N. C.
Greensboro
. -N. C.
Raleigh*
N. C.
Wilmington
N. C.
Wins ton-Sale m
N. C.
Charleston. .... . „ _ _ S. C.
Columbia* .
S. C.
Greenville*
S. C.
Spartanburg
S. C.
Danville
Va.
Lynehburg
Va.
Newport News
Va,
Norfolk*._.._.._.__.___.Va.
Portsmouth
Va.
Richmond*
Va.
Roanoke
Va .
Charleston
W. Va.
Huntington
W. Va.
Total, all centers
Total, 7 centers*
1930
1931
1932
19331
1934
1935
1936
1937
1938
2,900
5,166
112
116
• 301
582
322
257
288
170
437
290
303
219
145
99
231
138
682
58
1,655
366
503
252
2,772
4,413
95
96
140
501
290
215
259
135
393
207
261
181
111
83
199
129
566
54
1,480
312
457
191
2,354
3,384
68
69
99
407
190
130
180
92
308
129
169
124
70
60
151
87
425
41
1,305
232
358
130
1,850
.2,454
59
55
90
404
254
65
170
71
298
108
139
128
C2)
67
139
68
371
35
1,186
197
337
107
2,069
3,137
74
74
109
541
338
132
288
97
138
209
161
C2)
92
161
80
505
39
1,499
230
501
139
2,459
3,428
87
86
116
613
323
161
317
109
394
162
296
180
(2)
97
164
89
540
43
1,614
239
542
153
2,929
4,049
102
97
138
655
351
201
390
121
459
190
318
240
102
111
183
109
554
47
1,799
327
564
203
3,165
4,417
112
107
161
728
400
226
474
137
505
226
351
248
118
130
188
113
616
50
1,983
356
673
227
2,967
3,926
89
98
140
637
390
207
471
125
465
191
295
207
105
118
170
98
550
49
1,866
290
543
192
3,174
4,182
97
102
146
738
382
235
513
130
"
485
213
325
229
123
118
170
119
589
52
1,879
318
561
197
3,470
4,800
103
113
166
847
413
256
554
143
518
248
376
252
140
120
184
155
670
61
1,934
351
626
216
4,299
6,217
120
143
214
1,159
508
321
691
225
611
344
479
340
206
156
215
181
919
84
2,429
421
76 1
261
15,592
8,895
13,540
7,661
10,562
5,994
8,652
4,852
10,964
6,340
12,212
6,988
14,239
8,005
15,711
8,817
14,189
7,952
15,077
8,455
16,716
9,433
21,304
12,234
351
242
BANKING AND MONETARY STATISTICS
NO. SI-BANK DEBITS TO DEPOSIT ACCOUNTS, EXCEPT INTERBANK ACCOUNTS, BY
[In millions of dollars]
F. R DISTRICT NO, i-ATLANTA
1919
City and State
Birmingham*
_ __ _ _ . . Ala.
Dothan
Ala.
Mobile*
Ala.
Montgomery*
Ala.
Jacksonville*. „„ , „._...
Fla.
Miami
„
Fla .
Pensaeola*
Fla.
Tampa*
. .
Fla.
Albany _ _
Ga.
Atlanta*
Ga.
Augusta* _«.„.- „ .
Ga.
Brunswick
Ga.
Columbus
„. .
Ga.
Klberton
.
Ga.
Macpn*
Ga
Newnan
_
Ga.
Savannah*
Ga.
Valdosta
_„ .
Ga.
New Orleans*
La.
Hattiesburg
_.
_.„ Miss,
Jackson. -_„„ ,„ .
Miss.
Meridian8
Miss.
Chattanooga*
Knoxville*
Nashville*
378
247
579
(2)
111
247
(2)
1,482
444
(2)
(2)
(2)
359
(2)
879
(2)
3,646
(2)
(2)
2
908
(J)
466
265
724
(2)
122
329
(»)
1 613
487
(2)
(2)
(2>
359
(a)
889
1921
727
(2)
311
180
533
(2)
77
282
(2)
1 254
291
(2)
(2)
(2)
210
(2)
..__
1922
943
(2)
313
204
563
(2)
75
300
1929
1,290
35
355
260
652
1,410
38
342
262
730
1,603
51
423
292
1,188
1,726
43
470
288
1,341
1,794
42
483
314
1,047
611
96
579
61
1 886
331
44 1
173
12
270
27
610
78
4,189
92
281
«211
92
587
422
1,090
1 806
43
482
333
903
398
93
468
50
2 020
331
42
180
13
272
27
534
60
4,109
90
319
•217
95
594
441
1,220
I 785
43
496
344
908
413
90
416
51
2 553
329
48
188
14
245
27
522
61
4,095
85
330
•185
91
632
435
1,326
15,422
13,790
15,152
13,707
15,713
14,267
(2)
(2)
87
377
55
1 604
370
36
155
12
254
24
540
58
3,553
86
440
' 53
1 669
330
33
145
13
257
23
499
57
3,882
(2)
(2)
(2)
(2)
107
921
66
1 961
320
45
167
11
287
27
603 i
81
4,146
(=)
251
»183
96
582
413 i
1,003
15,138 i
14,264
12,436
11,721
14,543
13,913
1924
1925
1926
1927
1928
1929
199
155
114
40 470
161
233
218
156
130
42 839
168
240
207
157
175
45 970
159
248
203
172
171
51 162
170
250
208
192
167
53 739
188
258
(i)
171
739
470
439
637
298
246
2,503
651
281
572
1
(2)
2
9,383
9,383
1928
11,807
11,137
(')
(2)
12,812
12,812
1927
9,579
9,579
214
(2)
(!)
(5)
77
423
308
1,171
1926
196
*157
100
450
378
886
(2)
(2)
94
631
373
1,338
1925
82
377
318
795
1 331
312
(2)
(2)
(!)
94
555
305
1,109
1924
161
»134
93
449
377
876
(2)
4,214
(2)
1923
107
904
63
1 905
348
37
179
12
291
29
560
72
4,314
2
C2 )
(
»187
102
515
383
978
538
(i)
3,001
11,139
11,139
Tenn.
Tenn.
Tenn.
Total, all centers.,
Total, 15 centers*
704
(2)
1920
490
(2)
3,262
(i)
( )
F. R. DISTRICT NO. 7-CHICAQO
1919
City and State
Aurora
Bloomington* _ ...
Champaign-Urbana. ,
Chicago*
Danville
Decatur*
Elgin..
Moline ..
Peoria*
Rockford* ...
Springfield
Fort Wayne*.....
.
Gary
Hammond
Indianapolis*
.
South Bend*
Terre Haute
Cedar Rapids*.. Clinton
Davenport*
„.,,„
Dee Moines*. .
Dubuque*
Mason City
Muscatine
Sioux City*
Waterloo*
Adrian
Battle Creek
_ .
Bay City*
Detroit*
..
Flint* ..
Grand Rapids*
Jackson
•
111.
111.
111.
111
111.
111.
111.
111.
111
111.
111.
Ind.
Ind.
Ind
Ind.
Ind
Ind
Iowa
Iowa
Iowa
Iowa
Iowa
Iowa
Iowa
Iowa
Iowa
Mich
Mich.
Mich
Mich
Mich
Mich
Mich
Lansing*.,
Saginaw
Green Bay
Manitowoc
Milwaukee*
Oshkosh.
Sheboygun
Mich.
Mich
Wis
Wia
Wis .
Wis
Wis
_ „„
Total, all centers
Total, 21 centers*
1920
1921
1922
2
J
2
2
( )
141
(2)
33 595
(2)
182
(2)
(2
553
255
239
294
( )
159
(s)
37 954
(J)
217
(2)
(I)
554
331
239
411
(3)
30 a832
( )
159
(!)
100
408
241
286
346
(2)
(2)
(2)
(2)
(2)
(2
1,632
183
2,020
244
1,631
284
(2)
(3)
387
(a)
371
992
120
C2)
436
1,145
188
752
172
825
218
(2>
536
(2)
(2)
514
(*)
346
842
151
( )
121
(2)
32 331
(2)
165
174
137
(2)
35 279
178
182
171
137
(2)
35 723
176
191
(2)
(2)
(2)
(2)
(2)
(2)
96
429
239
287
368
C22 )
( )
1,706
370
102y
473
288
326
471
198
202
1,880
471
299
333
(2)
406
976
174
122
75
898
217
40
100
487
293
383
485
207
195
1,811
487
271
410
117
554
339
458
522
266
223
1,884
595
279
500
128
571
381
447
510
313
248
2,207
608
287
1486
123
578
398
431
516
309
244
2,223
588
293
500
142
644
432
423
560
296
258
2,279
596
270
545
(2)
(»)
354
1,025
175
114
66
934
211
45
382
894
183
129
72
1,033
221
53
410
975
185
131
74
976
236
58
(2)
162
10,482
439
1,040
270
292
402
312
154
510
997
202
135
77
699
273
58
. 258
153
13,427
605
1,052
316
344
420
334
183
C1)
3,740
164
207
564
1,022
190
151
77
753
290
63
280
166
14.759
632
1,107
357
358
512
364
185
(*)
3\796
176
204
82,727
79,062
92,765
88,910
(*)
304
(2)
(2)
(2)
C)
(2)
(2)
(2)
150
6,301
400
901
(!)
185
254
180
7,883
484
1 152
235
278
318
130
5,746
255
978
180
212
250
121
6,385
301
730
202
218
296
128
7,918
387
801
260
249
416
282
137
136
8,226
367
803
229
245
353
276
142
159
9,971
380
1,026
258
273
403
295
152
(2)
(3)
(2)
2,849
3,533
2,766
2,886
(2)
(2)
(3)
(2)
(2)
(2)
2
3,283
132
3,142
132
3,398
146
198
3,620
157
206
432
986
195
128
85
867
244
58
(2)
157
10,225
524
995
272
307
385
309
166
(2)
3,700
155
209
57,894
55,367
58,502
55,995
66,695
63,575
70,518
67,217
73,518
70,195
2
(2)
(2)
(2)
C22))
(
(2)
50,908
50,669
407
826
153
(2)
(2)
(2)
(*)
(2)
(3
2
(2)
(2)
(2)
59,540
59,066
* Included in the national series covering 141 centers.
For other footnotes see end of table, pp. 246-47.
f )
121
1923
482
143
(2)
2
(2)
(2)
(2)
47,403
46,837
771
177
(2)
(2)
(2)
(2)
(2)
( )
49,889
49,304
(2)
(2)
(2)
(2)
C' )
BANK DEBITS
243
FEDERAL RESERVE DISTRICTS AND BY REPORTING CENTERS, YEARLY, 1919-1941-Continued
[In millions of dollars]
F. R. DISTRICT NO. I-ATLANTA
City and State
Birmingham*Dothan
Mobile*
. .
Montgomery*
Jacksonville* .
Miami
Pensacola*
Tampa*
Albany
Atlanta*
Augusta*
Brunswick
Columbus,
Elberton
Macon*
Newnan
Savannah*
Valdosta
New Orleans*
Hattiesburg .
Jackson 8
Meridian
Vieksburg*
Chattanooga*
ICnoxville*
Nashville* ...
.
Ala.
Ala
Ala.
Ala.
Fla.
Fla.
, Fla.
Fla.
_ _ . Ga,
Ga
-Ga,
-_,_Ga.
_ _ Ga.
Ga
_
Ga.
Ga
Ga.
Ga
La.
Miss .
Miss .
Miss.
Miss
Tenn ,
Tenn
Tenn.
Total, all centers
Total, 15 centers*
1930
1931
1,475
1932
1,158
33
443
286
834
364
80
354
50
1,917
1938
1939
1940
1941
1,060
1.224
1,604
446i
274
917
586
103
341
58
2,449
220
30
176
14
187
24
337
53
2,655
59
332
136
91
536
368
1,023
752
29
309
259
702
326
80
266
36
888
37
366
260
792
424
97
307
47
1,069
1,625
1,283
1,200
1,560
1,726
1,908
2,197
10,802
9,919
8,009
7,350
70
571
372
1937
817
26
281
235
613
247
68
252
33
1,087
146
1936
636
19
234
157
477
165
51
187
24
13,170
11,923
72
305
8
1935
739
18
272
153
513
180
52
226
31
55
234
78
54
455
307
826
3,531
1934
27
350
205
684
231
70
298
37
154
19
90
7
113
12
286
28
2,307
36
170
68
45
320
247
640
258
37
157
11
203
21
442
51
19331
207
27
129
Q
156
17
362
39
3,162
152
17
85
6
106
14
252
28
34
169
67
49
274
167
583
197
22
109
9
131
17
294
35
2,202
41
255
86
61
329
221
743
7,073
6,445
8,884
8,004
1,920
45
271
94
72
392
257
863
213
28
148
13
171
25
363
48
2,463
51
343
114
92
458
297
911
1,005
945
36
443
249
841
508
97
319
56
2,266
185
30
152
13
161
20
330
50
2,589
51
336
115
88
480
341
936
9,552
8,536
10,864
9,586
12,207
10,840
11,637
10,270
12,511
11,007
13,807
12,050
17,579
15,400
1936
1937
1938
1939
1940
1941
202
23
122
11
145
20
313
39
2,198
39
464
279
901
463
106
346
60
216
34
178
15
182
27
402
54
2,719
59
316
122
97
511
346
3d
37
529
299
1,046
705
122
399
65
2,789
242
36
221
15
205
25
365
55
2,724
85
359
154
94
557
399
1,056
55
761
364
1,331
808
155
486
90
3,490
337
43
309
18
316
35
465
70
3,429
128
420
203
111
7H
478
1,360
F.R. DISTRICT NO. 7-CHICAQO
City and State
Aurora
„_„ 111.
Bloomington*
111
Champaign-Urbamv.
111.
Chicago*
111.
Danville
111
Decatur* ...
111.
Elgin
111
Moline
111.
Peoria*
. Ill
Rockford*
111
Springfield ..
. . 111.
Fort Wayne*
Ind
Gary
Ind,
Hammond .
Ind.
Indianapolis*
Ind
South Bend*
Ind.
Terre Haute
Ind.
Cedar Rapids*
. Iowa
Clinton
Iowa
Davenport*
Iowa
Des Moines*
Iowa
Dubuque*
Iowa
Mason City .
Iowa
Muscatine
Iowa
Sioux City*
Iowa
Waterloo*
_ Iowa
Adrian
Mich .
Battle Creek
___.Mich.
Bay City*
Mieh.
Detroit*
.Mich.
Flint*
._
Mich.
Grand Rapids*
Mich.
Kalamazoo*
Lansing* __Saginaw
Green Bay
Manitowoc
Milwaukee*,.
Oshkosh ...
Sheboygan
. Mieh.
Mich.
Mich.
Wis.
Wis
. --Wis.
Wis.
Wis
Total, all centers
Total, 21 centers*
1930
1931
180
173
151
143
160
47,094
142
35,065
154
234
(2)
150
664
378
401
554
254
215
2,165
617
254
549
(2)
566
980
179
145
74
678
246
49
241
139
11,693
446
881
309
304
362
277
179
126
177
(2)
110
501
271
348
434
174
102
1,885
445
219
468
(2)
455
857
137
112
60
503
172
40
198
113
9,051
360
754
267
253
281
231
141
1932
83
97
C2)
23,823
96
121
(2)
^
59
372
133
250
283
78
19331
69
97
93
119
68
21 939
89
26,326
109
31,111
74
104
(2)
(2)
338
129
184
216
72
(2)
(2)
1 226
(2)
265
696
86
74
35
304
84
28
141
74
6,255
251
538
131
176
178
157
106
199
142
176
f2)
140
611
63
64
19
290
77
84
134
(2)
39
455
170
204
272
97
30
1 565
262
189
230
(2)
177
851
81
87
27
374
121
26
100
93
94
153
(2)
62
540
217
230
323
126
47
1,810
341
212
267
69
210
1,103
118
140
150
159
126
146
140
36,612
160
37,347
159
32,757
no
293
83
260
123
210
95
108
761
330
301
437
213
91
2,439
474
267
291
80
284
1,110
1,146
194
84
84
746
263
276
399
170
70
2,166
432
•251
112
202
88
92
660
266
278
365
159
79
135
144
171
34,966
390
228
275
64
244
116
224
92
102
668
286
291
377
194
95
2,402
442
270
298
68
257
1 081
1 125
2 188
145
156
180
173
188
36 936
210
45,092
123
240
102
114
753
336
322
404
226
111
2 630
541
305
320
76
278
1 173
149
315
121
138
924
475
362
510
278
140
3,325
661
355
398
91
325
1,317
107
113
39
471
185
39
166
119
10,616
323
598
178
239
261
251
161
78
3,276
111
173
116
120
43
435
200
46
184
141
11,928
364
673
204
270
310
271
181
85
3,402
120
191
106
115
41
421
193
39
144
123
8,899
283
555
154
226
239
225
165
75
2,906
104
162
110
121
43
449
210
42
144
130
10,439
299
637
169
259
271
257
177
79
123
124
45
484
234
51
156
145
12,556
353
713
191
301
305
295
191
88
68
97
216
429
107
149
172
160
117
60
2,457
79
107
100
99
32
417
159
31
137
102
8,733
265
508
151
193
213
205
135
68
2,760
95
134
108
180
112
208
146
149
52
597
284
66
213
182
16,556
423
852
249
372
377
364
232
111
4,082
136
288
33,326
32,129
42,923
41,252
51,773
49,644
61,505
58,810
64,750
61,717
55,134
52 525
59,955
57 101
65 455
62 282
81,270
77,386
(2)
75
54
3,807
151
330
79
116
100
122
86
(2)
(2)
(2)
(2)
3,532
147
182
2,932
126
146
2,215
1,988
75,805
72,434
57,950
55,257
39,638
38,043
90
108
1935
47
75
1 462
291
159
339
1934
6,621
3,108
3,301
BANKING AND MONETARY STATISTICS
244
NO. W-BANK DEBITS TO DEPOSIT ACCOUNTS, EXCEPT INTERBANK ACCOUNTS, BY
[In millioiis of dollars]
F. R. DISTRICT NO. t-ST. LOUIS
City and State
. 1919
El Dorado
Ark.
Fort Smith
Ark.
Helena
Ark.
9
Li tie Hock*
„ _ _ „ „ _ Ark.
Pine Bluff
Ark.
Texarkana
Ark.
(Sec also Texas)
East St. Louis & National
Stock Yards _ _
111.
Quincy
111.
Kvansville*
Ind.
Louisville*
Ky.
OirVensboro = _ _
Ky.
Greenville
Mis?.
St. Louis* . . _ _ _ - _ _ _
Mo.
Sedalia
Mo.
Springfield 1 „ , _ _ „ „ „ „ _
Mo.
Memphis* °
Tenn
Total, all centers
Total, 5 centers*... _
1921
(2)
(2)
(2)
(2
(2)
2
1923
(2)
(2)
(S)
f2)
507
(2)
( )
556
1924
89
154
67
805
1925
126
173
67
884
6
9
(2)
(2)
(2)
(3)
(2)
(2)
(2)
(S)
150
66
0732
2
(2)
534
435
(2)
(2)
1922
(2)
1920
(2)
(2)
(3)
237
2,399
284
115
258
472
115
341
493
129
354
536
148
472
2,216
1,565
543
134
387
1 645
1 906
1 997
2 262
(2)
(2)
(2)
(2)
(2)
2
(2)
(2)
(2)
(2)
(2)
(2
(2)
8,215
8,755
( )
6,868
(2)
(2)
(2)
(2)
101,634
12,920
12,920
10
76
47
8,033
1 203
i°l 736
10 658
10,401
<«)
1,753
6,975
C2)
154
101 422
11 680
10,939
13 983
12,794
10
13 542
13,542
142
(2)
173
1926
1927
1928
1929
143
165
58
979
144
(3)
113
170
54
•954
153
61
110
168
47
•395
148
61
100
169
69
628
154
69
584
152
493
599
157
581
2 312
67
768
169
462
2 524
80
57
9,841
58
200
10
2,196
B
70
50
8,006
51
139
10
69
56
8,944
55
171
10
1 823
65
55
9,090
58
193
i°l,821
8,951
56
185
10
1,952
833
156
582
2 458
73
52
9,548
56
202
10
1,912
14 054
12,812
15 786
14,385
16,358
14,741
16,365
14,750
17,401
15,495
17,544
15,651
1 650
2 358
(2)
F. R. DISTRICT NO. .-MINNEAPOLIS
City and State
Duluth* _ _ „ _
Minneapolis*
lied Wing.,
__..
St Paul*
South St Paul
Winona
_
Billings*. _ _ _ « , _ _ _ _ „ _ _ _ . „ _ _ _ . ,
Helena*
Dickinson
Fargo*11
.
Grand Forks*
Jamestown...
„
Mi not
Aberdeen*. _ _ „ _ . _ _ _ _ _ _ _ _ _
Sioux Falls
...
La Cro.sse,....- . „ _ _ _ „ „ „ . „
Superior* _
Total, all centers..... _ „ „
Total, 9 centers*
1922
1923
1924
1925
1926
1927
1928
1929
3 581
885
3 609
(2)
(2)
1 706
1 901
(*)
1
53
89
118
(*}
135
81
4
( )
921
3 885
26
2 072
87
62
97
113
18
148
95
26
52
67
190
139
97
1 270
4 408
28
1 974
322
57
86
114
18
139
84
25
61
73
161
119
92
1 277
5 069
31
2 037
439
61
91
114
21
173
101
29
73
84
202
127
93
954
4 684
33
1,987
489
63
95
108
19
188
108
30
78
81
229
139
98
1,112
4 837
33
2,074
414
83
100
109
18
188
99
31
84
81
225
134
99
1,094
5 296
31
2,148
419
92
117
116
21
229
103
35
99
90
238
151
104
1,094
6 010
32
2 261
433
97
120
124
20
242
97
36
102
86
272
164
105
7,197
6,971
8,008
7,495
9,031
8,240
10,022
9,039
9,381
8,301
9,721
8,699
10,383
9,297
11,295
10,139
1919
1920
1921
Minn.
Minn
Minn.
Minn
Minn
Minn.
Mont.
Mont
N I)
N. D.
N D.
N, D.
N D.
S. D.
S D.
Wis.
Wis.
1,083
4 242
1,290
4 650
(2)
2 232
92
109
98
.„
8,240
8,240
9,310
8,902
7,051
6,788
C2)
2 279
( Z\
(2\
(2)
(2)
113
131
(2)
52
90
128
C2)
132
68
68
122
132
(2)
iU25
89
(2)
(2)
911
177
93
(2)
(2)
(2)
(2)
(2)
(2)
(2)
86
(2)
(2)
74
211
97
340
(2)
66
173
(2)
F. R. DISTRICT NO. 1Q-KANSAS CITY
City and State
Colorado Springs*™..--,.
Colo.
Denver*
Colo.
Grand Junction,.,. _ _ _ _ _ . . .
Colo.
Pueblo*
_ _ _ _- _
Colo.
Atchison
Ivans.
Hutchimon „,„_ _ „ „ _ _ _ „ „
Kans.
Independence. _ ___ _ _ _ . _ ... Kans.
Kansas City*=._,_ =
Kans.
La wrenee ... .„.„_.„
Kans .
Parsons
Kans .
Pittsburg
Kans,
Topeka*. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
«,Kans.
Wichita*. _ _ _ _ _ _ _ , . _ _ _ _
Kans.
Joplin*
Mo.
Kansas City*.,_.,___ _ _ .,
Mo.
St. Joseph*.. _ _ _ _ _ _ _ _ „ _ _ _ _ . _ Mo.
Fremont
_
Neb.
Lincoln
Neb.
Omaha*___-__ — _ , _ - _ _ _
Neb.
Albuquerque* 13 „„
N. M.
Bartlesville*
Okla.
Enid
Okla.
Guthrie... _ _ _ _ _ _ _ _ _ _ _ ...
Okla.
McAlester
Okla.
Muskogee* ' *
Okla,
Oklahoma C i t y * _ _ _ _ _ _ _ . _ _ _ _ _ O k l a .
Okmulgee_ .„.,.,_ . . . .
..Okla,
Tulsa* 15
.
..
Okla.
Casper
Wyo.
Cheyenne _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ W y o .
Total, all centers
Total, 15 centers* _ _ _ _
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
156
1,746
174
2,443
134
1,723
139
T, 798
(2)
(2)
(2)
(2)
150
1,951
36
210
73
140
118
239
54
40
75
189
544
168
4,176
740
44
155
1,977
37
232
74
185
2,130
41
246
78
175
126
237
64
38
75
211
557
210
4,465
742
44
383
2,437 1
121
193
178
43
55
154
1,036
134
1,269
154
88
181
2,159
42
247
77
213
131
245
64
40
79
212
596
222
4,633
748
45
395
2,387
132
251
202
43
53
145
1,134
140
1,532
121
80
181
2,119
42
268
75
202
134
246
65
39
77
230
698
187
4,656
682
47
391
2,408
144
286
183
45
(=)
144
1,262
107
1,577
106
79
202
2,196
43
262
77
242
157
247
64
41
74
248
829
171
5,076
714
53 1
424
2,601
155
213
197
42
(2)
146
1,364
96
1,658
98
86
208
2,434
47
285
81
305
161
245
64
41
75
249
883
185
5,699
704
54
430
2,767
162
279
216
43
(s)
153
1 D 569
97
1,996
98
89
16,549
14,824
16,680
15,088
235
43
269
32
(2)
(2)
(2)
C2
(2
214
(s
180
C3
(2)
(2)
(2)
(2)
173
2
C2)
C)
(2)
C22))
(
(3)
190
(3)
(2)
270
583
163
4,949
994
(2)
(a)
3,155
83
139
256
721
186
4,706
1,001
(2)
3,021
99
190
2,137
86
115
(2)
(2)
(2)
(2)
( 22)
C)
i*225
814
(2)
1,129
C22 )
( )
(2)
(»
i*301
1,251
(J)
1,490
( 22)
C )
i*208
1,059
C2)
(!)
(3)
105
105
14,857
14,814
16,459
16,322
12,376
12,208
(2)
* Included in the national series covering 141 centers.
For other footnotes see end of table, pp. 246-47.
196
65
221
63
(2)
188
528
107
3,699
828
(2)
(2)
(2)
995
171
532
131
3,679
707
(2)
(.)
2,312
105
122
(2)
(2)
100
234
56
36
67
185
508
173
4,036.
730
40
(2)
123
2,456
114
138
152
40
51
i*298
939
101
1,182
i'203
128
2,207
118
151
146
38
(s)
151
913
93
1,009
168
109
12,738
12,550
14,749
13,494
13,743
12,779
(!)
i*309
973
(J)
1,186
(2)
15,869
14,193
17,774
16,082
19,619
17,818
245
BANK DEBITS
FEDERAL RESERVE DISTRICTS AND BY REPORTING CENTERS, YEARLY, 1919-1941-Continued
[In. millions of dollars}
F. R. DISTRICT NO. t-ST. LOUIS
City and State
83
El Dorado .
_Ark.
Fort Smith
Ark
149
Helena .
.
_Ark.
51
494
Little Rock*
Ark
109
Pine Bluff -. „
Ark.
54
Texarkana
Ark
(See also Texas)
East St. Louis & National
491
Stock Yards
111.
133
Quincy
111.
324
Evansville*
Ind.
2,184
I^ouisville*
_ Ky .
82
Owensboro., .!_
~_Ky.
1
51
Greenville -~
_Miss.
8,348
St. Louis*
Mo.
Sedalia
Mo.
51
Springfield 10
Mo.
186
Memphis*
Tenn. ioi,681
14,471
. . 13,031
Total, all centers
Total, 5 centers*
1931
1930
!
19331
1932
1934
1935
1936
1937
58
113
( >
329
83
37
42
86
15
222
57
24
33
77
15
187
2
( )
19
42
93
22
266
64
22
45
103
19
340
82
25
49
128
23
418
104
33
60
146
24
450
114
38
345
96
269
1,574
61
37
7,086
40
162
1,206
237
69
187
1,248
35
33
5,187
18
115
988
205
C2)
161
1,196
27
32
4,485
15
101
958
239
68
202
1,551
43
40
5,271
19
130
1,201
320
73
253
1,660
55
48
6,125
22
145
1,289
365
89
341
1,885
63
65
6,736
24
168
1,594
425
101
386
1,984
72
66
7,308
25
181
1,569
11,496
10,464
8,563
7,832
7,511
6,987
9,273
8,491
10,604
9,667
12,085
10,974
12,949
11,697
2
1938
1939
1940
1941
64
138
24
478
99
38
67
154
21
501
96
40
81
191
27
648
129
69
429
98
362
1,863
89
64
6,922
25
168
1,686
482
108
408
2,054
77
64
7,337
26
189
1.818
647
128
505
2,918
88
88
8,908
30
238
2,576
11,468
10,305
12,547
11,311
13,442
12,118
17,271
15,555
66
138
23
407
103
36
396
90 >
316
1,772
73
57
6,435
23
. 158
1,375
F. R. DISTRICT NO. ^-MINNEAPOLIS
1930
Duluth*
Minneapolis*Red Wing
St. Paul* ._
South St. Paul
Winona.,.—
Billings*. „
Helena*
Dickinson __
Fargo*-,
Grand Forks*
Jamestown _
Minot
Aberdeen* _ _
Sioux Falls
La Crosse
Superior*
Minn
Minn.
Minn.
.Minn.
Minn.
Minn.
Mont.
Mont
N. D.
N. D.
N. D.
N, D.
N D
S. D.
S D
Wis.
Wis.
Total, all centers
Total, 9 centers*
1931
1932
884
5,080
28
2,038
367
87
98
105
18
207
84
32
84
74
270
143
92
611
3,871
25
1,669
276
74
84
91
16
179
72
25
61
61
215
121
72
410
2,913
18
1,300
159
61
60
68
12
144
52
17
46
40
129
86
51
9,691
8,662
City and State
7,523
6,710
5,566
5,038
19331
1934
1935
1936
1937
1938
1939
1940
1941
419
3,196
15
1,123
130
53
55
64
10
120
37
16
37
31
118
69
34
412
3,441
19
1,461
142
70
73
97
11
147
43
16
41
39
138
77
38
425
3,737
22
1,768
208
74
95
130
13
177
49
19
45
47
155
86
43
506
4,170
26
1,993
275
80
110
124
14
201
54
20
46
51
206
105
49
609
4,389
25
2,053
266
77
118
131
13
217
60
19
50
59
198
110
51
513
3,896
23
1,883
273
76
116
120
12
207
59
18
43
56
194
97
50
545
4,097
22
1,954
298
76
129
138
17
220
60
19
46
58
210
108
52
595
4,384
23
2,072
335
74
141
143
17
258
64
22
52
66
229
116
56
682
4,936
28
2,466
423
83
168
155
22
311
75
25
68
77
299
135
76
5,527
5,079
6,265
5,751
7,093
6,471
8.030
7,258
8,445
7,687
7,636
6,900
8,049
7,253
8,647
7,779
10,029
8,946
1941
F. R. DISTRICT NO. ID-KANSAS CITY
1930
City and State
Colorado Springs*.,-., Colo.
Denver*.
Colo
Grand Junction
Colo
Pueblo*
Colo
Atchison
Kans,
Hutchinson.. -Kans.
Independence
Kans
Kansas City*
Kans
Lawrence
Kans
Parsons
_. _Kans.
Pittsburg
Kans.
Topeka*. .
Kans
Wichita*
Kans
Joplin*
Mo
Kansas City*
Mo.
St. Joseph*
Mo.
Fremont
Neb
Lincoln
Neb.
Omaha*
_
Neb.
Albuquerque* _
N. M.
Bartlesville*
Okla
Enid
Olda
Guthrie
Okla.
McAlester___
Okla.
Muskogee*..
Okla.
Oklahoma City*
Olda.
Okmulgee
Okla
Tulsa*
Okla.
Casper_ . _
Wyo.
Cheyenne
Wyo.
Total, all centers.
Total, 15 centers*
_
1931
1932
19331
1934
1935
1936
1937
1938
1939
1940
202
2,058
3§
252
73
234
129
240
58
169
1,687
32
218
49
166
75
185
50
128
1,231
22
150
33
119
49
133
38
(2)
(2)
52
204
543
91
3,856
414
38
349
2,004
127
209
134
24
38
148
384
72
2,830
272
26
254
1,329
92
207
86
15
156
1,699
30
170
40
149
26
134
39
(2)
41
180
495
100
3,388
319
29
302
1,568
126
265
113
19
190
2,098
47
230
45
171
34
183
46
(2)
49
211
606
123
4,184
331
31
345
1,861
181
370
150
23
126
1,473
67
1,780
85
79
94
1,043
40
1,086
68
75
76
720
27
872
53
60
71
667
24
760
41
51
85
997
32
1,229
58
83
182
1,946
39
195
43
156
30
158
42
(2)
47
202
555
113
3,703
347
33
330
1,841
148
298
120
20
(J)
96
1,136
35
1,555
68
93
100
1,341
34
1,899
75
106
170
1,820
42
202
36
137
33
182
41
(2)
45
212
530
109
3,536
301
29
323
1,660
172
330
133
20
(i)
91
1,200
31
1,641
72
101
167
1,906
45
178
37
145
32
211
43
63
246
743
130
4,986
563
46
406
2,506
151
314
204
37
134
1,475
24
167
36
137
51
121
36
(2)
37
169
417
87
3,119
312
27
275
1,448
105
252
107
16
(2)
80
852
29
1,033
49
70
172
1,890
45
189
35
135
33
201
43
(2)
112
1,134
16
142
31
106
36
104
32
(2)
32
131
328
74
2,659
253
19
211
1,145
70
225
84
14
17,289
15,770
13,082
11,930
9,464
8,644
8,572
7,875
10,665
9,771
11,872
10,911
13,531
12,475
15,064
13,908
13,199
12,156
(2)
(2)
(2)
(2)
(2)
(2)
43
221
530
119
3,685
327
32
342
1,729
190
353
132
18
46
225
564
114
3,891
335
34
344
1,773
211
322
134
18
96
1,232
31
1,563
73
100
94
1,193
32
1,621
79
103
180
2,358
46
209
42
166
38
254
48
(»)
55
248
811
143
1S
4,781
395
41
356
2,171
266
369
158
21
C3)
120
1,408
35
1,919
89
132
13,659
12,497
13,897
12,805
16,859
15 632
(2)
(2)
(2>
(3)
246
BANKING AND MONETARY STATISTICS
NO. 5S-BANK DEBITS TO DEPOSIT ACCOUNTS, EXCEPT INTERBANK ACCOUNTS, BY
[In millions of dollars]
F.R. DISTRICT NO. 11-DALUS
City and State
Tucson*
Ariz.
Shreveport*
La.
Roswefl
. ._N. M.
Abilene
Texas
Austin*....
. . _ _ _ _ Texas
Beaumont*
Texas
Corsicana
_„_.,_ Texas
Dallas*
Texas
El Paso* ._
_•__._. Texas
Fort Worth*
Texas
Galveston,..,. .
„.„.. .Texas
Houston*1 7
Texas
Port Arthur
.
__._.. Texas
San Antonio
Texas
Texarkana* (See also Ark .)-«,-- Texas
Tyler
Texas
Waco*
. . , «.
..
Texas
Wichita Falls
Texas
Total, all centers
Total, 10 centers*
__.. - -
1919
77
332
(2)
(')
200
216
(3)
1922
1921
1920
85
448
(»)
(2)
192
246
(s)
84
346
87
385
(2)
(2
(2)
(2
153
170
172
174
(2)
(2)
1,930
2,207
1,755
1,867
1,106
1,320
1,215
1,018
1,422
1,323
380
441
1,653
(2)
W
86
493
581
1,910
(*)
(2)
111
392
(2)
(2
(2)
80
373
899
1,344
(2)
(2
^85
1924
1923
1925
1926
93
423
30
(>)
205
195
93
102
428
32
(a)
218
199
102
(!)
2,076
2,179
249
214
101
109
483
38
131
238
259
86
2,527
2.542
366
399
862
533
1,033
1,070
1,480
1,509
(8)
(»)
(3)
(*)
114
109
474
39
397
909
543
1,984
106
(8)
103
(2)
113
382
1.018
543
"2,116
112
(2)
126
(i)
202
403
1927
1928
111
468
42
130
238
288
77
128
506
51
134
2,620
2,868
3,138
1,277
1,377
385
1,139
550
2,186
120
(2)
126
23ft
301
76
426
497
1,092
129
221
332
224
321
233
340
11,491
9,196
0)
228
(2)
190
(2)
(2)
(=)
228
(2)
221
370
6,606
6,165
7,821
7,240
6,825
5,807
6,909
6,010
7,411
6,218
6,894
6,227
8,356
7,197
8,788
7,475
9,033
7,782
10,629
8,415
1924
1925
1926
1927
1928
(2)
456
1,021
128
(»)
(2)
(2)
9«
Zoo
491
2,536
114
185
(*)
200
142
539
53
125
271
345
81
2,319
(2)
(3)
1929
148
(2)
F. R. DISTRICT NO. 12-SAN FRANCISCO
City and State
Phoenix
Ariz.
Bakersfield
....Calif.
Berkeley
. Calif.
Fresno*18
Calif.
Long Beach*
_
.Calif.
Los Angeles*
Calif.
Oakland* ..
Calif.
Pasadena*
Calif.
Sacramento*,,
„_„
...Calif.
San Bernardino
Calif.
San Diego*.
_..„ „_„„. Calif.
San Francisco*
Calif.
San Jose
Calif.
Santa Barbara
„„
.Calif.
Stockton*
Calif.
Boise*.,,
„
..
Idaho
Reno*
Nev.
Eugene
.„
Ore.
Portland*
Ore.
Salem
,„_«.
Ore.
Ogden*
....... Utah
' Salt Lake City*
Utah
Bellingham
„
.......Wash.
Everett
Wash.
Ritzvillo
......Wash.
Seattle*
Wash,
Spokane1*
Wash.
Tacoma*
- _ „ .Wash.
Walla Walla
Wash.
Yakima*.
...
Wash.
Total, all centers
Total, 18 centers*
1919
(*)
(2)
(2)
1920
1921
(2)
(2)
2
('
160
151
1922
(2)
(»
204
1923
235
130
205
"413
18632
i*576
i*608
i«613
3,766
5,243
1,213
5,385
6,212
1,088
8,419
1,451
176
752
192
697
(2)
273
9,118
(S)
2
267
153
126
(2)
284
291
423
710
i*424
14 622
2,846
553
9,768
(2)
(2)
245
137
132
(2)
265
147
125
(2)
271
(»)
299
150
125
130
1,788
1,652
1,867
(2)
1229
r948
( )
180
771
(2)
(2)
(2)
(')
210
846
(2J
(2)
2
(2)
(2)
<»)
2,377
685
589
2
1,650
555
441
260
702
0)
2
( )
(*)
1,807
532
446
346
766
99
(2)
^9
2,051
598
. 465
141
168
127
127
(2)
124
22,903
22,903
28,679
28,226
24,344
23,937
25,024
24,562
30,106
28,936
(2)
i*436
12,912
3,017
9,482
258
(8)
570
563
1*495
11,199
2,697
469
2,363
2,473
i*485
8,638
247
(2)
(2)
(2)
525
176
256
10,475
2,065
9,289
302
(2)
296
169
151
(2)
91 '
438
174
263
i*468
11,368
379
538
334
164
264
9,458
1,720
607
387
520
95
580
305
756
309
152
233
18400
286
799
(2)
426
(2)
287
141
219
8,921
1,481
975
272
715
(2)
408
2,167
(!)
256
126
209
1929
276
(2)
286
140
96
128
1,942
(S)
286
780
101
(2)
10
2,167
567'
572
417
438
98
669
11,497
311
171
317
151
104
89
1,999
(2)
320
865
110
156
11
2,425
591
445
394
108
771
12,598
323
169
325
163
111
93
2,195
(2)
249
865
119
156
11
2,551
127
160
670
548
(2)
162
30, 736
29,535
34,324
32,731
37,336
35,663
480
(2)
627
524
(3)
580
481
480
124
743
15,052
320
164
343
169
114
91
2,046
(')
226
862
117
153
12
2,616
668
539
(2)
160
41,213
39,470
674
487
605
129
753
18,384
359
173
352
187
123
93
2,202
(a)
234
928
121
165
13
2,958
686
559
(2)
173
47,598
45,670
75E
490
625
138
778
16,988
384
206
345
191
156
97
:!,371
(»)
245
Ji,012
126
168
11
3.297
737
608
(2)
187
48,760
46,673
* Included in the national series covering 141 centers.
1
Figures for eleven months only (March figures not available on account of bank holiday).
2 Not available.
a
Revised beginning 1941 to exclude all but Jersey City banks. For the year 1941 revised figures are about 9 per cent smaller than those
reported on the former basis.
4
Figures prior to September 1934 were not compiled in accordance with the approved formula, and arc not comparable with other figures.
For the four weeks ended in that month, revised figures are 54 per cent larger than those reported on former basis.
5
Figures prior to January? 1931 include substantial amounts which should not have been reported as bank debits.
6
Greenville was substituted for Charleston in national summary for 141 centers beginning with 1928. Charleston figure for 1928 is for eleven
months only, May figures not being available.
7
Prior to June 1929 debits for Portsmouth are included in those for Norfolk,
* Figures prior to October 23, 1930, include debits to the accounts of banks which should have been excluded. For the four-week period
immediately following, revised figures are 41 per cent smaller than those reported on former basis.
9
Figures for 1923-1928 (inclusive) include debits to the accounts of banks which should have been excluded. For the year 1929 revised
figures are 38 per cent smaller than those reported on the 1923-1928 basis.
247
BANK DEBITS
FEDERAL RESERVE DISTRICTS AND BY REPORTING CENTERS, YEARLY, 1919-1941-Continued
[In millions of dollars]
F. R. DISTRICT NO. 11-DALLAS
City and State
1930
Tucson* Ariz,
Shreveport*.
.,La.
Roswefi
.....N. M.
Abilene
Texas
Austin* ..
Texas
Beaumont*
Texas
Corsicana - _
Texas
Dallas*1**
...Texas
El Paso*
Texas
Fort Worth*
Texas
Galveston .
. "Texas
Houston*
Texas
Port Arthur
Texas
San Antonio
Texas
Texarkana* (SeeArk.)Texas
Tyler
.
Texas
•Waco* .. ..
Texas
Wichita Falls
Texas
Total, all centers
Total, 10 centers*.
...
....
1931
1932
125
344
34
69
221
236
50
2,001
290
838
284
1,799
90
772
71
99
279
23
52
191
168
33
1,585
185
632
247
1,360
54
537
44
19331
9,768
7,796
7,545
6,084
5,716
4,666
5,248
4,339
6,807
5,550
368
2,222
128
984
97
(2)
(2)
(2)
(3)
135
524
52
102
377
279
39
2,824
317
975
322
2,534
109
788
50
142
159
194
139
523
53
103
410
279
40
2,993
349
974
302
2,729
109
831
50
137
166
175
147
547
57
105
420
291
42
3,180
386
1,004
335
2,994
116
887
52
•142
171
200
180
661
60
163
452
371
51
4,076
523
1,274
370
3,756
135
1,107
76
162
210
260
9,135
7,484
10,652
8,786
9,922
8,174
10,362
8,612
11,056
9,172
13,887
11,579
1936
1937
1938
1939
1940
1941
491
222
228
375
431
9,802
508
224
243
386
454
10,037
538
233
341
422
467
10,849
658
262
409
523
620
13,099
7,835
6,356
116
98
433
1,084
143
571
44
109
359
308
44
"3,069
336
1,096
356
2,667
112
835
60
175
177
191
121
489
36
92
293
262
38
2,671
294
914
312
2,223
92
757
52
163
165
161
123
104
2,641
1941
102
358
30
76
320
240
33
2,162
248
810
260
1,922
74
723
43
128
151
155
159
162
243
302
66
73
261
23
54
173
141
28
1,505
156
552
201
1,325
49
456
37
1940
1936
192
280
50
96
1939
1935
90
350
27
64
261
195
31
1.955
215
698
241
1,606
63
596
41
104
139
131
131
451
1938
1934
1937
F. R. DISTRICT NO. IMAM FRANCISCO
City and State
Phoenix ^
Ariz
Bakersfield
Calif.
Berkeley .
.Calif.
Fresno* 1 »
Calif
Long Beach*
Calif.
Los Angeles*
Calif
Oakland* _
Calif.
Pasadena* .
Calif.
Sacramento*.. ... ..Calif,
San Bernardino
Calif.
San Diego*
Calif.
San Francisco*
Calif.
San Jose
Calif.
Santa Barbara ...
Calif.
Stockton*
Calif.
Boise*..
..Idaho
Reno*
Nev.
Eugene
Ore
Portland*
Ore.
Salem
Ore.
Ogden*
Utah
Salt Lake City*
Utah
Bellingham. ...... .Wash.
Everett., .
Wash.
Ritaville.
Wash.
Seattle*..
Wash.
Spokane* . ... Wash .
Tacoma*
Wash .
Walla Walla
Wash.
Yakima*.
„ Wash.
Total, all centersTotal, 18 centers*
1930
436
160
232
i*395
580
11,999
2,317
407
581
123
656
15,055
332
185
285
175
133
82
2,100
(2)
224
885
108
147
(*)
2,814
612
527
1931
356
128
201
272
473
9,288
2,247
354
558
104
558
11,179
290
155
205
159
119
65
1,711
(a)
167
711
78
107
(a)
2,242
485
385
1932
240
92
164
188
307
6,561
2,021
19331
204
87
139
162
244
5,590
328
243
(2)
1,880
2,316
538
389
67
161
24,296
23,063
28,408
26,872
33,496
31,636
36,337
34,170
(2)
116
457
45
53
s
C)
179
142
93
244
209
36
82
41,729
39,924
32,739
31,255
23,279
22,256
20,248
19,356
(2)
(2)
(2)
511
238
.253
1,653
1,142
(2)
436
192
223
322
407
10,216
1,338
1,177
1.515
364
145
188
274
354
142
169
658
62
68
(i)
1,782
198
291
52
317
6,899
161
80
126
104
55
35
116
515
53
62
308
121
213
227
279
6,487
1935
382
434
11,074
1,269
343
1,472
138
638
10,993
317
154
258
224
138
90
2,122
193
207
885
90
109
(2)
2,533
592
429
74
177
249
451
71
400
7,742
189
107
151
117
82
45
(2)
1934
1,535
218'
737
70
360
8,180
205
100
170
147
92
48
1,478
(2)
152
588
55
63
367
265
50
128
8,021
849
258
1,279
88
500
9,568
240
120
191
179
104
60
1,118
297
1,199
114
574
10,638
276
143
232
202
121
76
1,700
1,954
445
304
59
139
171
182
770
73
89
(i)
1,141
1,209
1,467
1,599
311
309
1,280
323
1,773
(2)
186
191
830
77
102
(»)
2,157
2,316
564
420
80
158
150
664
10,095
295
135
245
232
174
1C8
2,039
202
200
871
91
110
(>)
2.648
661
487
87
165
32,112
30,106
33,315
31,214
35,885
33,595
141
586
9,482
284
144
232
205
134
82
1,809
175
183
742
77
90
513
381
72
155
145
590
9,631
202
147
230
213
140
97
1,928
1,730
373
1,824
181
1,068
11,918
382
149
301
269
190
154
2,643
250
26 3,
1,04$
11513&
(i)
3,606;
736.
676
104
194
43 863
41 081
10
Figures prior to October 23, 1930, include cashiers' checks, which should have been excluded. For the four-week period immediately
following, revised figures are 14 per cent smaller than those reported on former basis.
11
The 1919 figure is for Great Falls, Montana, which was replaced by Fargo, North Dakota, in 1920.
12
Revised beginning 1941 to include 10 additional banks. For the year 1941 the addition of these banks increased the Kansas City figure by
about 3 per cent.
•
13
Albuquerque was transferred in 1922 Lorn the Dallas District to the Kansas City District.
1
* Figures prior to December 1923 include debits to the accounts of banks which should have been excluded.
I B Figure for 1923 includes debits to the accounts of banks which should have been excluded.
16
Revised beginning 1937 to include 5 additional banks. For the year 1937 the addition of these banks increased the Dallas figure by about
4 per1Tcent.
Revised beginning 1926 to include 8 additional banks. For the year 1926 the addition of these banks increased the Houston figure by
about 17 per cent.
18
Figures prior to June 1930 include substantial amounts which should not have been reported as bank debits.
248
BANKING AND MONETARY STATISTICS
NO. S4-BANK DEBITS TO DEMAND DEPOSIT ACCOUNTS, EXCEPT INTERBANK AND UNITED STATES
GOVERNMENT ACCOUNTS, AT WEEKLY REPORTING MEMBER BANKS, WEEKLY, 1SI5-1I41
[In millions of dollars)
All
weekly
reporting
member
banks
Week ended
1035- Jan. 2
....
Jan, 9
Jan. 16. . _ _ _
Jan. 23
Jan. 30 „ _ „
New Outside City
New
York
of
ChiCityi York
City
cago1 Boston
Federal Reserve districts
New Phila- CleveYork' delphia land
Richmond
Atlanta
Chicago1
St. Minuet Kansas Dalian
Louis apolis City
San
Franciaco
7,352
6,386
7,164
6,151
6,286
3,643
3,151
3,772
3,066
3,351
3,709
3,235
3,392
3,085
2,935
672
532
640
533
543
. 393
364
366
328
311
3,875
3,355
3,960
3,284
3,528
359
296
327
286
278
469
376
344
313
317
159
167
155
143
132
167
137
146
124
123
947
789
916
795
806
160
170
163
147
141
114
104
103
96
90
199
180
195
181
153
137
111
118
110
105
373
337
371
344
302
Feb.
Feb.
Feb.
Feb.
6 , .....
13 ..
20. ....
27
6,252
5,294
6,652
5,832
3,046
2,688
3,323
2,895
3,206
2,606
3,329
2,937
543
440
545
485
332
282
345
295
3,298
2.863
3,534
3,081
250
212
302
261
374
261
353
322
148
137
155
133
142
124
127
122
798
675
825
799
153
130
165
135
100
77
102
89
177
154
195
157
125
94
143
107
355
285
406
331
Mar.
Mar.
Mar.
Mar.
6
13 .....
20
27
7,655
6,339
7,298
6,282
4,016
3,321
3,765
3,122
3,639
3,018
3,533
3,160
642
538
641
640
389
335
372
312
4,251
3,497
3,961
3,294
339
256
343
266
377
301
359
319
171
141
168
138
140
137
151
133
943
798
940
944
170
145
176
155
114
101
100
90
202
181
204
167
119
115
132
115
440
332
392
349
Apr.
Apr.
Apr.
Apr.
3
10
17
24
....
7,735
6,184
7,033
6,146
3,985
3,229
3,494
3,012
3,750
2,955
3,539
3,134
840
502
652
539
396
302
379
293
4,218
3,414
3,695
3,244
326
265
300
252
385
300
358
324
187
156
167
147
133
122
145
127
1,135
756
951
842
165
145
167
149
103
97
116
102
189
171
207
184
121
103
128
120
377
353
420
362
8,289
7,106
6,181
6,350
6,125
4,539
3,827
2,933
3,075
2.931
3,750
3,279
3,248
3,275
3,194
678
591
522
552
574
474
366
344
336
314
4,758
4,042
3,185
3,260
3,119
319
286
266
286
272
430
374
341
346
359
170
149
158
156
149
133
121
127
133
115
1,001
867
816
857
881
163
148
153
167
194
150
118
105
110
109
183
177
190
195
169
112
105
105
125
103
396
353
391
379
341
June 5
June 12
June 19
June 26
6,294
6,139
7,671
6,285
3,068
3,001
4,137
3,128
3,226
3,138
3,534
3,157
544
638
629
530
302
310
344
329
3,255
3,171
4,349
3,340
257
252
342
293
376
351
383
346
154
158
178
150
127
117
130
128
796
895
922
832
218
155
183
144
111
105
117
100
197
176
215
174
110
98
119
106
391
351
389
343
July 3.
July 10
July 17
July 24
July 31
9,142
5,678
7,528
6,642
7,069
4,819
2,914
4,063
3,459
3,362
4,323
2,764
3,465
3,183
3,707
816
502
604
596
718
463
291
396
372
603
5,119
3,094
4,277
3,656
3,546
415
231
298
239
254
428
277
357
328
372
212
134
170
150
149
185
111
127
118
112
1,162
717
882
865
1,005
202
129
170
149
141
131
90
112
97
112
209
160
220
188
183
124
96
121
112
231
492
348
398
368
361
6,889
5,786
6,494
5,687
3,574
2,838
3,280
2,858
3,315
2,948
3,214
2,829
600
492
558
491
340
293
317
282
3,763
3,015
3,458
3,026
271
233
254
224
369
321
325
305
167
148
161
137
122
120
131
112
869
751
819
736
151
143
159
135
133
110
125
111
197
204
202
179
123
115
126
103
384
333
417
337
Sept. 4 _ _ _ ...
Sept. 11
Sept. 18 . ...
Sept. 25
5,931
5,890
7,416
6,266
2,788
2,766
3,765
3,015
3,143
3,124
3,651
3,251
747
577
641
541
293
295
345
315
2,958
2,963
3,976
3,225
242
231
329
274
319
336
374
368
139
153
174
153
119
130
141
135
976
828
929
808
135
148
180
155
118
130
153
134
170
199
229
192
97
109
149
119 ;
365
368
437
388
Oct. 2,
Oct. 9 _ _ _ _ ...
Oct. 16
Oct. 23.. ...
Oct. 30
8,304
6,190
6,645
7,252
6,417
4,300
2,988
3,217
3,684
3,116
4,004
3,202
3,428
3,568
3,301
676
524
540
570
584
427
339
367
400
345
4,566
3,196
3,435
3,879
3,298
366
280
268
325
261
511
330
356
378
342
192
161
177
178
164
152
134
136
153
147
979
770
826
866
883
190
173
183
192
176
151
135
129
129
116
206
189
205
213
177
125
120
138
147
121
439
363
425
392
387
Nov.
Nov.
Nov.
Nov.
6
13. ...
20, ....
27
7,366
6,337
7,630
7,653
3,642
3,202
3,681
3,857
3,724
3,135
3,949
3,796
635
542
658
646
480
363
463
431
3,834
3,389
3,923
4,063
275
254
303
322
424
318
404
414
192
162
195
174
148
131
163
136
949
809
982
995
218
159
208
177
137
102
138
121
191
J75
237
191
133
108
155
134
385
367
459
495
Dec.
Dec.
Dee.
Dec.
Dec.
4
11
18..
25
31
7,583
6,599
8,803
6,504
8,097
3,747
3,229
4,514
S
3,192
4,024
3,836
3,370
4,289
3,312
4,073
829
589
846
564
727
423
352
464
369
445
3,956
3,438
4,781
3,382
4,300
284
264
331
254
361
378
349
473
381
429
174
172
197
153
172
151
143
162
142
166
1,130
869
1,197
902
1,130
177
169
205
151
178
117
109
146
101
134
188
183
232
177
193
128
123
156
122
154
477
428
459
370
435
193g — Jan. 8
Jan. 15 . ...
Jan. 22
Jan. 29........
8,792
7,533
7,563
6,797
4,558
3,973
3,928
3,489
4,234
3,560
3,635
3,308
709
608
634
561
524
407
425
386
4,822
4,169
4,127
3,684
363
293
315
299
464
369
349
338
200
156
175
156
173
157
141
129
1,059
930
964
871
215
175
178
153
126
111
113
98
228
207
213
184
154
134
142
130
464
425
421
369
Fob 5
Fob. 12
Feb. 19
Feb 26
8,111
5,854
7,558
6,826
4,331
3,022
3,774
3,563
3,780
2,832
3,784
3,263
634
456
667
577
435
348
382
353
4,596
3,212
4,006
3,729
372
243
313
283
418
293
396
349
174
145
162
143
152
126
138
119
947
694
1,009
886
173
139
185
152
112
82
119
99
190
163
219
180
136
99
155
118
406
310
474
415
Mar.
Mar.
Mar.
Mar.
8,379
7,621
9,088
6,789
4,267
4,241
5,106
3,482
4,112
3,380
3,982
3,307
812
605
742
616
419
363
470
335
4,473
4,412
5,317
3,656
356
280
310
267
416
344
412 '
328
179
145
182
149
160
130
157
129
1,152
§57
1,081
931
185
152
192
161
120
107
125
105
208
188
235
194
140
124
157
128
571
419
450
406
May ]
May 8
May 15
May 22
May 29
Aug. 7
Aug. 14
Aug. 21
Aug. 28
1
....
«...
„._.
....
....
4
ll.._._.
18__.___
25......
Figures for New York City and Chicago are included in their respective district totals.
BANK DEBITS
249
NO. 54-BANK DEBITS TO DEMAND DEPOSIT ACCOUNTS, EXCEPT INTERBANK AND UNITED STATES
GOVERNMENT ACCOUNTS, AT WEEKLY REPORTING MEMBER BANKS, WEEKLY, 1935-1941-Continued
[In millions of dollars]
All
weekly
re
r
porting
member
banks
Week ended
Federal Reserve districts
New Outside City
New
of
York
ChiYork
City*
City
cago1
Boston
New
Phila- CleveYork1 delphia land
Richmond
Atlanta
Chicago1
St.
Minne- Kansas Dallas
Louis apolis
City
San
Francisco
Apr. 8
Apr. 15.
Apr, 22
Apr. 29
9,557
7,370
7,437
7,720
7,382
5,035
3,648
3,842
4,002
3,740
4,522
3,722
3,595
3,718
3,642
1,075
686
591
641
618
652
393
437
410
368
5,268
3,851
4,045
4,203
3,957
344
290
261
292
273
429
459
405
415
446
190
171
160
173
161
143
135
133
149
127
1,439
988
918
985
985
184
158
168
175
166
118
120
117
128
143
205
200
217
203
204
134
128
134
127
127
451
477
442
430
425
May 6
May 13.
May 20
May 27.
9,351
6,927
7,103
6,489
5,234
3,465
3,341
3,060
4,117
3,462
3,762
3,429
743
573
686
605
435
349
388
338
5,510
3,719
3,550
3,243
348
282
303
268
521
380
390
390
188
160
179
158
160
135
159
137
1,085
885
1,018
970
180
158
205
188"
141
120
120
105
212
194
220
183
138
117
148
123
433
428
423
386
June 3,_
June 10
June 17.
June 24
8,151
7,134
8,830
7,030
4,303
3,684
4,727
3,412
3,848
3,450
4,103
3,618
728
565
783
635
411
343
391
400
4,507
3,972
4,940
3,619
309
263
340
288
420
382
455
392
172
175
206
170
125150
150
137
1,068
881
1,148
974
255
165
195
171
124
117
135
123
224°
185
232
205
116
132
145
137
420
369
493
414
July 1 .
July 8__
July 15
July 22.
July 29
9,438
7,372
7,315
7,751
6,574
4,664
3,703
3,428
3,837
3,054
4,774
3,669
3,887
3,914
3,520
1,016
636
624
660
606
503
419
428
455
385
4,992
3,932
3,678
4,038
3,247
390
290
292
312
270
582
432
430
424
401
210
195
181
182
160
161
141
148
149
118
1,448
951
961
1,016
938
188
163
185
192
174
148
131
146
135
127
236
211
271
257
217
137
119
148
148
130
443
388
447
443
407
Aug. 5
Aug. 12.
Aug. 19
Aug. 26.
7,447
6,547
6,803
6,452
3,516
3,002
3,033
3,138
3,931
3,545
3,770
3,314
703
660
683
574
388
342
365
327
3,733
3,192
3,238
3,323
327
261
277
251
485
393
402
370
176
156
180
164
146
141
153
137
1,053
974
1,020
893
174
166
173
147
157
144
156
129
232
227
232
200
136
131
143
123
440
420
464
388
Sept. 2
Sept. 9
Sept. 16
Sept, 23
Sept. 30. . _ _ .
7,709
5,769
8,628
6,693
8,050
3,988
2,864
4,415
2,941
3,874
3,721
2,905
4,213
3,752
4,176
660
504
773
622
809
377
286
392
349
395
4,187
3,033
4,647
3,206
4,137
291
223
329
292
435
430
330
478
401
451
176
150
205
182
186
159
134
181
163
160
990
737
1,126
940
1,143
167
147
198
196
206
136
103
133
128
131
209
171
248
221
211
133
124
172
162
146
454
331
519
453
449
Oct. 7
Oct. 14
Oct. 21.
Oct. 28
8,356
6,303
8,205
7,946
4,055
2,804
3,790
4,014
4,301
3,499
4,415
3,932
854
588
733
665
434
337
491
472
4,304
2,983
4,050
4,209
372
267
345
324
486
376
472
464
225
181
211
184
186
155
193
143
1,180
893
1,108
1,008
211
190
239
206
150
122
144
128
212
215
248
217
148
141
191
156
448
443
513
435
Nov. 4
Nov. 10
Nov. 18
Nov. 25
7,561
7,013
9,750
8,897
3,564
3,581
4,846
4,521
3,997
3,432
4,904
4,376
735
627
839
746
513
392
553
504
3,782
3,759
5,096
4,741
282
271
412
431
442
343
528
518
184
183
236
198
167
139
203
164
1,080
920
1,288
1,126
204
176
241
206
126
116
157
131
203
180
295
232
150
130
185
168
428
404
556
478
8,671
8,267
10,587
11,126
8,660
4,419
4,166
5,536
5,791
4,205
4,252
4,101
5,051
5,335
4,455
791
747
980
932
824
463
442
527
589
462
4,649
4,420
5,820
6,142
4,441
366
313
422
442
362
460
442
556
663
530
192
218
234
238
188
168
175
195
223
178
1,192
1,088
1,443
1,401
1,271
196
204
230
236
196
132
135
157
163
152
223
215
268
277
230
149
153
186
189
151
481
462
549
563
499
9,080
8,215
8,918
8,091
4,276
4,050
4,493
4,069
4,804
4,165
4,425
4,022
839
796
798
687
498
444
516
442
4,524
4,287
4,744
4,295
360
322
356
333
579
471
482
440
247
199
194
199
238
175
175
167
1,254
1,146
1,189
1,070
226
195
215
186
137
130
128
115
273
221
259
218
218
144
161
159
526
481
499
467
9,455
7,494
7,655
7,905
5,122
3,865
3,605
4,144
4,333
3,629
4,050
3,761
769
662
675
669
539
401
455
418
5,379
4,079
3,823
4,401
357
294
319
283
457
401
448
393
205
172
192
165
183
155
179
158
1,161
962
1,049
1,007
168
162
200
179
134
llf*
116
110
228
193
230
203
170
134
163
147
474
431
482
441
Mar. 31 _ _ _ _ _ _
9,463
7,863
9,636
9,231
8,275
4,630
3,992
5,000
4,790
3,725
4,833
3,871
4,636
4,441
4,550
854
674
828
751
1,086
535
430
500
445
427
4,906
4,200
5,242
5,007
3,994
389
324
380
557
365
533
423
517
465
470
217
185
207
200
187
205
168
190
179
173
1,281
1,015
1,249
1,148
1,514
230
183
222
200
195
145
117
135
121
116
247
214
260
234
225
159
155
185
165
146
616
449
549
510
463
Apr. 7,.
Apr. 14
Apr. 21
Apr, 28. „
8,727
7,722
8,143
7,603
4,417
3,653
3,725
3,488
4,310
4,069
4,418
4,115
750
676
744
698
466
420
420
408
4,685
3,872
3,959
3,713
368
313
360
316
496
480
502
492
211
191
206
185
182
176
185
157'
1,113
1,058
1,165
1,100
198
194
224
188
132
125
153
143
234
245
269
228
165
158
162
165
477
490
538
508
May5
May 2 6 _ _ . _ _ _ _
8,536
7,407
7,640
7,279
4,160
3,471
3,345
3,180
4,376
3,936
4,295
4,099
756
756
686
654
477
400
449
388
4,409
3,813
3,584
3,410
316
219
332
457
498
451
485
465
210
187
209
187
183
167
188
161
1,195
1,042
1,099
1,065
206
177
227
205
157
125
139
119
237
220
253
217
166
145
176
152
482
461
499
453
June 2__
June 9
June 16
June 23. .
June 30
7.3QI
7,092
8.404
7,788
8,347
3,405
3,342
3,995
3,528
3,906
3,896
3,750
4,409
4,260
4,441
642
615
735
716
730
369
402
467
395
411
3,624
3,585
4,261
3,802
4,282
315
279
333
365
423
449
427
521
505
495
192
190
215
201
209
150
157
385
168
168
1,014
946
1,140
1,111
1,146
259
189
210
205
207
129
125
135
142
129
221
214
258
244
246
145
141
171
178
155
434
437
508
472
476
1936— Apr. 1..
.
Dec. 2
Dec. 9__
Dec. 16
Dec. 23. .
Dec. 30
1937—Jan. 6 _
Jan. 13
Jan. 20.. .
Jan. 27.
Feb. 3
Feb. 10....,
Feb. 17.
Feb. 24
Mar. 3
Mar. 10 .
Alar. 17
Mar. 24
May 12
May 19,
1
Figures for New York Citv and Chicago are included in their respective district totals.
250
BANKING AND MONETARY STATISTICS
NO. 54-BANK DEBITS TO DEMAND DEPOSIT ACCOUNTS, EXCEPT INTERBANK AND UNITED STATES
GOVERNMENT ACCOUNTS, AT WEEKLY REPORTING MEMBER BANKS, WEEKLY, 1935-1841-Continued
[In millions of dollars]
Week ended
All
weekly
reporting
member
banks
New Outaide City
of
York New
City* York Chi-1
eago Boston
City
Federal Reserve districts
New Phila- CleveYork* delphia land
Richmond
Atlanta
Chicago1
St. Minne- Kansas Dallas
Louis apolis City
San
Frauciaco
1937— July 7
July 14.......
July 21
July 28 .
8,162
7,666
7,726
7,326
4,176
3,477
3,450
3,465
3,986
4,189
4,276
3,861
678
704
712
665
407
420
431
378
4,420
3,716
3,695
3,684
344
336
292
286
472
477
477
449
202
196
189
175
179
168
167
143
1,017
1,061
1,102
1,035
188
197
223
183
131
143
143
131
245
304
301
265
145
164
190
157
412
484
516
440
Aug. 4 - „ _ _ _
Aug. 11
Aug. 18
Aug. 25...«,.^,
7,762
6,426
7,092
6,429
3,564
2,797
2,985
2,750
4,198
3,629
4,107
3,679
720
629
687
643
396
349
394
335
3,819
2,989
3,208
2,936
300
277
276
263
534
412
474
444
193
179
195
170
167
155
178
157
1,111
947
1,060
974
191
170
201
163
139
128
151
142
268
238
279
231
156
142
172
156
483
440
504
458
Sept. 1
Sept. B
Sept. 15...—
Sept. 22.......
Sept. 29 .....
7,406
5,593
8,238
8,053
7,090
3,438
2,454
3,904
3,702
3,175
3,968
3,139
4,334
4,351
3,915
705
551
769
754
671
356
282
380
389
373
3,650
2,617
4,149
3,948
3,428
288
225
292
298
269
501
363
499
510
460
193
155
223
216
191
168
145
188
189
174
1,058
816
1,185
1,142
1,025
171
141
198
218
191
163
131
168
155
138
227
189
271
259
228
162
133
180
191
158
469
396
505
538
455
Oct. 6... ....
Oct. 13
Oct. 20=.
Oct. 27. — —
8,236
6,001
8,908
7,843
3,768
2,569
4,204
3,733
4,468
3,432
4,704
4,110
766
578
765
699
449
314
475
412
4,039
2,759
4,480
3,956
357
234
338
311
536
355
532
470
228
191
236
207
198
165
208
169
1,139
892
1,184
1,084
219
186
244
206
152
141
155
135
250
232
286
240
171
138
207
162
*498
394
563
491
Nov. 3
Nov. 10
Nov. 17
Nov. 24
7,504
6,930
7,042
6,983
3,328
3,188
3,090
3,143
4,176
3,742
3,952
3,840
696
572
638
641
499
419
384
392
3,539
3,464
3,298
3,371
277
286
289
295
475
402
438
425
213
198
207
188
180
160
165
152
1,103
917
1,027
1,018
205
179
199
183
147
129
142
134
234
212
256
217
163
150
168
163
469
414
469
445
Dec. 1
Dee. 8 ..._
Dec 15
Dec 22
Dec. 29
6,686
7,169
8,534
8,988
7,516
2,990
3,397
4,375
4,377
3,506
3,696
3,772
4,159
4,611
4,010
637
634
724
798
666
373
384
415
443
397
3,199
3,606
4,619
4,645
3,750
286
289
338
386
308
408
413
470
543
533
184
196
214
.236
178
150
171
177
202
167
984
957
1,099
1,194
1,031
179
188
183
220
178
123
127
126
133
131
195
219
235
261
224
152
155
171
204
154
453
464
487
521
465
1938— Jan. 5 .
Jan. 1 2 _ _ __,_..
Jan. 19- — ...,
Jan. 26. — ....
8,674
6,556
7,190
6,485
4,042
3,098
3,451
2,994
4,632
3,458
3,739
3,491
826
586
635
564
450
353
380
343
4,292
3,289
3,661
3,191
396
262
302
295
520
374
390
379
220
181
181
175
224
158
151
164
1,217
880
959
879
213
170
194
176
137
117
118
106
268
211
254
198
229
149
150
169
508
412
450
410
2
9 ..
16..—
23
7,053
5,464
6,130
5,016
3,304
2,441
2,742
2,114
3,749
3,023
3,388
2,902
649
490
574
502
424
315
339
275
3,519
2,619
2,946
2,279
308
251
268
209
410
322
345
293
187
155
170
143
159
147
157
144
964
736
853
757
178
143
169
148
119
99
103
92
202
173
206
178
159
138
157
146
424
361
412
352
Mar. 2
...
Alar. 9
Mar. 16......
Mar. 23
Mar. 30......
7,454
6,328
7,389
6,588
6,188
3,452
3,077
3,669
3,101
2,764
4,002
3,251
3,720
3,487
3,424
734
548
644
600
753
396
320
369
360
358
3,716
3,262
3,919
3,288
2,965
335
281
287
286
266
418
318
378
356
326
196
161
191
165
156
164
163
165
154
156
1,075
807
948
894
1,052
183
148
173
166
157
126 !
109 i
110
109
94
215
181
230
201
174
142
156
172
163
131
488
422
447
446
353
Apr. 6
Apr. 13.... ..
Apr. 20
Apr. 27.. .
7,661
5,596
6,571
6,990
3,837
2,448
3,043
3,659
3,824
3,148
3,528
3,331
762
520
569
555
389
322
329
354
4,057
2,661
3,295
3,839
316
234
259
293
413
344
372
359
193
163
174
162
168
139
161
137
1,065
783
857
848
174
148
175
150
123
109
132 !
136 |
215
185
224
187
153
135
172 ;
135
395
373
421
390
May 4
7,433
6,194
6,487
5,933
3,691
2,977
2,887
2,718
3,742
3,217
3,600
3,215
632
507
579
555
387
325
356
325
3,903
3,289
3,084
2,905
329
249
311
245
406
335
397
353
185
155
182
158
165
139
163
141
952
771
892
828
177
145
182
173
163
114
119
117
205
174
224
182
146
125
163
143
415
373
414
363
5,927
June 1 ... 7,422
June 8
June 15,.
, . 7,573
June 22
i 6,683
6,670
June 29
2,617
3,845
3,954
3,098
3,181
3,310
3,577
3,619
3,585
3,489
5.41
702
679
614
609
295
358
370
336
369
2,798
4,047
4,154
3,322
3,490
391
350
322
297
307
335
370
350
394
330
157
171
184
181
162
147
140
149
156
140
810
985
962
907
884
223
172
165
174
155
109
119
111
117
109
174
191
219
218
192
142
139
152
162
137
346
380
435
419
395
July 6..
July 13..
July 20
July 27— _ _
7,020
6,589
7,063
5,959
3,366
3,158
3,355
2,797
3,654
3,431
3,708
3,162
637
565
620
530
385
351
399
320
3,609
3,369
3,551
2,981
357
270
278
248
389
353
362
342
185
176
173
149
159
142
165
132
915
840
911
796
167
158
195
154
113
122
116
109
203
226
265
209
138
138
162
137
400
444
436
382
Aug.
Aug.
Aug.
Aug.
Aug.
3...—
10
17
24.......
31.... .
6,500
5,370
6,298
5,636
5,892
2,928
2,381
2,850
2,630
2,694
3,572
2,998
3,448
3,006
3,198
625
491
576
485
614
357
303
335
277
285
3,131
2,541
3,052
2,805
2,866
280
236
271
231
248
359
299
339
299
392
177
159
177
153
154
191
145
158
119
138
913
731
850
742
867
169
144
171
139
134
126
110
134
135
132
222
202
231
205
173
145
130
150
141
128
430
379
430
390
375
Sept. 7
Sept. 14
Sept. 21... ...
Sept. 28
5,304
6,695
7,448
5,798
2,350
3,207
3,560
2,483
2,954
3,488
3,888
3,315
525
579
663
601
289
350
370
277
2,508
3,406
3,771
2,698
223
260
298
247
311
372
409
343
160
1S4
200
163
141
162
176
153
747
875
883
892
131
164
203
°167
121
141
137
116
166
216
243
220
129
159
182
140
378
406
476
3S2
Feb.
Feb.
Feb.
Feb.
May 1 1
May 18.......
May 25
1
Figures for New York City and Chicago are included in their respective district totals.
BANK DEBITS
251
NO. 54-BANK DEBITS TO DEMAND DEPOSIT ACCOUNTS, EXCEPT INTERBANK AND UNITED STATES
GOVERNMENT ACCOUNTS, AT WEEKLY REPORTING MEMBER BANKS, WEEKLY, 1935-1941-Continued
[In millions of dollars]
Week ended
1938— Oct. 5
Oct. 12
Oct. 19 ... _
Oct. 26
All
weekly
reporting
member
banks
New Outside CHy
New
York
ChiCity1 York
cago1 Boston
City
Federal Reserve districts
New Phila- CleveYork* delphia land
Richmond
Atlanta
Chi- 1
cago
St. Minne- Kansas Dallas
Louis apolis City
San
Franciaeo
7,649
5,943
7,895
6,953
3,613
2,926
3,613
3,130
4,036
3,017
4,282
3,823
731
525
710
805
417
295
464
392
3,885
3,099
3,859
3,328
309
224
338
294
461
314
447
376
217
178
226
187
187
140
190
159
1,044
792
1,053
1,115
192
168
218
186
132
119
127
121
223
178
259
205
153
117
199
156
429
319
515
434
Nov.
Nov.
Nov.
Nov.
Nov.
2 9 .__
16
23 ...
30
8,181
5,710
6,636
6,676
5,969
4,064
2,502
2,860
2,899
2,559
4,117
3,208
3,776
3,777
3,410
717
576
603
599
573
474
399
394
409
361
4,283
2,668
3,065
3,110
2,746
341
241
280
298
280
454
334
392
410
364
215
168
203
193
163
167
156
170
171
155
1,076
835
966
936
906
199
154
192
182
171
149
107
121
126
114
214
174
221
229
178
155
128
165
170
136
454
346
467
442
395
Dec.
Dec.
Dec.
Dec.
7
14
21
28 ...
7,716
7,341
10,186
6,971
3,749
3,585
5,099
3,328
3,967
3,756
5,087
3,643
662
631
1,088
600
459
390
478
369
3,965
3,782
5,373
3,549
328
303
435
301
392
394
651
421
205
190
228
172
175
170
204
174
991
970
1,481
938
232
186
220
162
119
121
133
106
221
220
246
209
155
154
191
160
474
461
546
410
9,154
7,130
7,214
6,495
4,453
3,347
3,333
3,000
4,701
3,783
3,881
3,495
933
705
655
578
472
363
414
377
4,717
3,562
3,552
3,183
404
306
307
283
492
387
395
379
210
186.
192
169
203
184
179
163
1,351
1,043
1,009
907
208
188
188
172
142
121
115
104
262
212
235
199
213
152
174
151
480
426
454
408
1939—Jan. 4
Jan. 11
Jan. 18
Jan. 25
Feb.
Feb.
Feb.
Feb.
6,968
6,802
6,166
5,622
3,283
3,305
2,789
2,586
3,685
3,497
3,377
3,036
591
561
528
462
389
386
354
307
3,503
3,518
3,040
2,768
318
282
262
245
406
389
376
331
186
176
163
14S
172
166
169
135
938
869
816
740
183
163
160
156
108
112
90
89
203
196
189
174
152
144
151
150
410
401
396
379
Mar.
Mar.
Mar.
Mar.
Mar.
1 ...
8
15
22
29 .
7,589
7,219
7,726
7,311
6,584
3,495
3,661
4,013
3,442
3,026
4,094
3,558
3,713
3,869
3,558
649
568
655
673
743
432
381
392
387
357
3,755
3,850
4,207
3,638
3,219 '
336
311
335
335
270
434
382
375
396
356
201
170
180
190
158
190
169
171
181
157
1,059
865
973
1,015
1,098
191
161
172
193158
117
116
113
117
97
218
180
207
207
182
163
154
152
172
136
493
480
449
480
396
Apr. 5
Apr. 12
Apr. 19
Apr. 26
7,740
6,042
6,978
6,321
3,553
2,676
3,221
2,807
4,187
3,366
3,757
3,514
935
550
594
584
421
356
350
386
3,808
2,870
3,434
2,995
356
277
292
285
428
355
398
364
200
166
192
163
177
154
183
141
1,279
859
935
918
175
161
193
170
112
109
129
129
200
188
228
193
152
143
177
140
432
404
467
437
May3 . May 10
May 17
May 24
May 31
8,208
6,372
7,084
6,507
6,136
4,057
2,864
3,266
3,023
2,686
4,151
3,508
3,818
3,484
3,450
717
590
619
614
576
424
340
376
338
309
4,301
3,178
3,468
3,194
2,862
345
283
304
288
388
454
353
395
381
347
187
160
181
165
149
199
154
175
156
150
1,114
885
990
924
882
181
156
191
179
274
161
125
130
115
106
222
192
232
206
100
157
136
167
150
127
463
410
475
411
352
June 7
June 14
June 21 .„
June 28
7,599
6,603
7,424
7,421
3,639
3,006
3,382
3,344
3,960
3,597
4,042
4,077
696
659
638
1,019
383
376
372
360
3,854
3,204
3,631
3,623
476
257
402
289
412
381
445
384
192
183
199
174
170
159
177
155
994
962
991
1,34ft
189
173
192
218
129
123
131
116
214
205
235
197
155
152
180
139
431
428
469
420
July 5
July 12 .
July 19
July 26
7,186
6,593
6,593
6,917
3,334
2,817
2,702
3,266
3,852
3,776
3,891
3,651
655
661
616
619
388
374
389
398
3,599
3,040
2,919
3,455
356
292
296
283
428
389
427
411
184
205
193
175
172
167
175
160
984
973
955
938
198
179
201
173
131
136
130
118
219
235
261
225
144
149
177
152
383
454
470
429
Aug. 2
Aug. 9
Aug, 16. .
Aug. 23 _
Aug. 30
7,639
5,835
7,105
6,045
5,800
3,595
2,482
3,323
2,580
2,503
4,044
3,353
3,782
3,465
3,297
740
549
613
658
606
399
347
378
314
328
3,813
2,676
3,513
2,712
2,677
396
276
360
256
277
430
353
425
374
347
199
175
185
176
164
174
157
179
155
140
1,113
825
932
953
901
185
160
175
163
146
134
127
136
122
122
209
200
221
210
182
149
138
152
160
131
438
401
449
450
385
Sept. 6
Sept. 13
Sept. 20
Sept. 27
6,350
8,090
7,898
6,808
2,826
4,175
3,552
2,974
3,524
3,915
4,346
3,834
819
703
705
626
292
405
432
375
3,001
4,387
3,798
3,175
253
304
330
307
362
433
486
428
169
194
222
193
166
179
197
172
1,091
1,019
1,082
981
152
188
218
207
145
150
153
133
199
232
254
219
138
152
193
163
382
447
533
455
Oct.
Oct.
Oct.
Oct.
4
11 „
18
25..;..
7,957
6,167
6,844
6,989
3,510
2,517
2,703
3,041
4,447
3,650
4,141
3,948
739
581
637
629
454
363
393
406
3,776
2,720
2,960
3,265
380
276
295
299
521
420
464
452
232
189
234
210
207
183
199
184
1,115
910
1,026
978
226
191
227
209
152
128
141
127
244
205
235
221
171
151
194
178
479
431
476
460
Nov.
Nov.
Nov.
Nov.
Nov.
1.
8
15
22 ...
29
8,335
6,430
6,974
7,284
6,703
4,055
2,686
2,936
2,959
2,929
4,280
3,744
4,038
4,325
3,774
713
607
648
694
588
466
474
408
457
454
4,302
2,873
3,151
3,199
3,114
347
259
321
333
280
497
409
477
503
410
220
195
205
224
188
180
200
183
197
177
1,120
928
1,015
1,071
946
216
184
206
238
199
152
134
133
132
145
213
214
222
241
194
169
163
173
190
161
453
397
480
499
435
Dec.
Dec.
Dec.
Dec.
1
1
8 ...
15
21 -
6 ...
13
20
27. .,
7,864
8,048
9,541
8,129
3,620
3,708
4,347
3,782
4,244
4,340
5,194
4,347
701
872
991
771
407
405
505
433
3,846
3,943
4,628
4,070
364
363
454
354
496
460
594
540
217
218
242
199
222
198
231
198
1,060
1,250
1,436
1,157
238
214
256
205
131
136
153
130
220
218
263
214
164
169
214
176
499
474
565
453
Figures for New York City and Chicago are included in their respective district totals.
252
BANKING AND MONETARY STATISTICS
NO. 54-BANK DEBITS TO DEMAND DEPOSIT ACCOUNTS, EXCEPT INTERBANK AND UNITED STATES
GOVERNMENT ACCOUNTS, AT WEEKLY REPORTING MEMBER BANKS, WEEKLY, 1935-1941-Continued
[In millions of dollars]
All
weekly
reporting
member
banks
Week ended
New Outside City
New
York
of
ChiCity1 York
City
cago1 Boston
Federal Reserve districts
New Phila- CleveYork' delphia land
Richmond
Atlanta
Chicago1
St. Minne- Kansas Dallas
Louis apolis City
San
Francisco
1940— Jan. 3
Jan. 10 „
Jan. 17
Jan. 24 _. ...
Jan. 31..__ __
9,214
7,201
7,891
6,801
7,084
4,053
3,202
3,575
2,874
3,109
5,161
3,999
4,316
3,927
3,975
965
708
745
699
681
510
412
442
392
400
4,337
3,418
3,806
3,093
3,345
451
365
350
361
341
559
418
472
434
442
251
205
201
191
198
241
202
209
174
181
1,436
1,059
1,131
1,049
1,100
227
194
227
182
194
147
128
135
121
119
285
203
233
206
182
247
164
181
164 ;
156
523
433
504
434
426
Feb. 7
Feb. 14.._..__
Feb 21
Feb. 28 . .
6,996
5, §41
7,198
6,244
3,116
2,543
3,022
2,626
3,880
3,398
4,176
3,618
635
553
723
635
392
327
382
347
3,335
2,731
3,245
2,832
345
284
321
283
438
376
484
390
189
174
206
179
189
181
193
173
994
876
1,115
1,004
181
159
209
175
123
101
123
108
196
182
233
192
154
149
189
151
455
401
498
410
Mar. 6 . ...
Mar. I 3 _ _ _ - _ .
Mar.20...._.
Mar. 27......
7,729
7,294
7,952
6,612
3,453
3,515
3,531
2,798
4,276
3,779
4,421
3,814
725
657
766
760
401
387
412
363
3,714
3,730
3,787
2,987
338
301
364
251
494
406
485
403
209
186
220
177
198
180
217
181
1,109
992
1,169
1,160
197
178
216
176
153
123
132
108
214
200
238
203
170
163
201
158
532
448
511
445
Apr. 3.. . _ . _ _ .
Apr. 10
Apr. 17 ......
Apr. 24
9,167
6,602
7,799
7,073
4,310
3,034
3,527
3,168
4,857
3,568
4,272
3,905
1,116
601
715
675
466
354
440
364
4,662
3,227
3,749
3,373
409
314
318
288
489
367
491
441
225
183
215
186
194
173
195
177
1,529
932
1,096
1,047
214
174
213
185
127
131
160
m
223
194
233
222
167
150
182
164
462
403
507
462
May
May
May
May
May
1
8
15
22
29
7,699
6,772
7,153
8,002
7,753
3,391
2,932
3,037
3,588
3,530
4,308
3,840
4,116
4,414
4,223
716
653
717
752
715
418
384
391
403
408
3,658
3,148
3,261
3,865
3,738
376
306
319
347
399
458
476
434
517
481
204
196
202
216
203
180
179
188
206
170
1,160
1,000
1,104
1,131
1,129
199
178
198
223
281
198
161
172
170
140
210
201
226
247
205
165
158
178
182
161
473
385
480
495
438
June 5
June 12
June 19
June 26
6,402
6, 141
7,941
6,678
2,612
2,451
3,515
2,812
3,790
3,690
4,426
3,866
668
638
719
637
362
341
409
380
2,823
2,674
3,869
3,074
317
288
349
301
425
427
509
445
189
192
222
193
169
175
192
173
985
978
1,116
1,012-
229
177
217
191
129
138
137
119
208
192
239
203
158
146
186
146
408
413
496
441
July3
July 10
July 17. _ _ _ _ . . .
July 24_. ......
July 31, ......
8,698
5,269
7,650
7,221
6,430
3,845
2,099
3,313
3,277
2,712
4,853
3,170
4,337
3,944
3,718
768
500
716
688
606
468
301
455
418
377
4,230
2,275
3,553
3,505
2,915
455
239
344
311
285
553
372
510
448
441
248
165
222
205
195
214
152
185
167
168
1,225
795
1,087
1,021
987
229
163
216
186
177
157
111
133
121
114
236
195
261
222
197
171
133
182
162
136
512
368
502
455
438
Aug. 7
Aug. 14
Aug. 21
Aug 28 ^
7,083
5,850
6.062
5,578
3,123
2,293
2,291
2,212
3,960
3,557
3,771
3,366
723
573
581
627
412
336
353
306
3,337
2,505
2,501
2,382
359
275
278
244
462
423
464
408
195
ISO
196
167
171
162
180
164
1,071
899
923
925
168
166
183
160
131
129
131
130
203
207
224
190
141
146
169
133
433
422
460
369
Sept. 4
Sept 11
Sept. 18......
Sept. 25......
5,770
6,580
7,524
7,051
2,398
2,733
3,059
3,039
3,372
3,847
4,465
4,012
570
607
713
632
325
381
443
369
2,573
2,971
3,313
3,245
265
290
333
300
395
561
530
502
179
191
230
201
154
169
202
188
882
941
1,1211,025
155
167
207
189
131
139
143
129
182
204
250
225
127
149
191
220
402
417
561
458
Oct. 2
Oct. 9.. . ..
Oct. 16
Oct. 23.
Oct. 30
8,509
6,732
7,775
7,603
7,741
3,846
2,901
3,217
2,998
3,502
4,663
3,831
4,558
4,605
4,239
746
618
913
801
704
470
393
425
538
432
4,129
3,110
3,444
3,247
3,726
389
317
322
332
329
586
436
491
509
480
243
212
232
243
216
206
181
194
212
190
1,188
964
1,344
1,205 "
1,189
228
190
219
245
229
151
126
133
140
137
224
199
235
243
213
168
154
180
194
173
527
450
556
497
427
Nov. 6
Nov. 13
Nov. 20
Nov. 27
7,971
7,292
8,871
7,121
3,732
3,236
3,692
2,905
4,239
4,056
5,179
4,216
675
658
864
626
516
446
534
463
3,929
3,443
3,977
3,179
330
324
424
342
501
466
575
479
216
222
275
214
206
182
233
202
1,083
1,073
1,362
1,076
219
206
271
212
138
111
156
124
213
206
275
202
172
163
216
169
448
450
573
459
Deo. 4
8,439
Dee. 11....... 7,926
Dec. 18....... 10^359
Dec. 24
8,823
Dec. 31
9,374
3,664
3,441
4,823
4,078
4,052
4,775
4,485
5,536
4,745
5,322
780
705
910
720
938
425
612
586
524
519
3,929
3,656
5,151
4,336
4,326
411
370
500
418
443
542
489
680
727
674
263
230
288
242
248
226
206
253
218
240
1,269
1,114
1,415
1,128
1,478
247
244
270
215
253
149
137
144
130
143
230
211
269
220
278
200
171
222
179
230
548
486
581
486
542
9,138 4,001
7,732 i 3,180
7,952 3,185
7,489 3,138
5,137
4,552
4,767
4,351
908
755
731
705
534
456
478
426
4,276
3,397
3,446
3,369
421
355
353
376
582
501
696
Sll
267
260
247
225
249
220
215
218
1,382
1,200
1,171
1,168
260
229
240
208
142
128
130
118
266
231
247
199
223
185
191
185
536
570
538
486
_.
1941— Jan. 8
„.._
Jan. 15
Jan. 22
Jan. 29.......
Feb. 5 ... .
Feb. 12
Feb. 19
Feb. 26... = ...
3,757
2,312
3,544
3,384
4,702
3,557
5,061
4,264
837
535
839
692
472
408
463
418
3,992
2,484
3,846
3,610
396
303
391
336
550
389
580
493
251
214
259
218
229
197
236
204
1,284
879
1,354
1,154
229
187
231
201
129
94
135
110
223
196
256
211
194
143
228
174
510
375
626
519
Mar. 5 .
Mar. 1 2 . . _ _ _ _
Mar. 19.
Mar. 26
1
8,459
5,869
8,605
7,648
8,902
7,728
9,786
8,479
3,762
3,398
4,405
3,642
5,140
4,330
5,381
4,837
813
695
963
911
474
443
535
489
4,087
3,719
4,701
3,896
440
346
429
395
593
484
633
536
'273
218
276
238
245
207
247
233
1,338'
1,120
1,468
1,412
250
208
269
223
151
120
140
125
242
204
274
228
187
175
220
189
622
484
594
515
Figures for New York City and'Chicago are included in their respective district totals.
BANK DEBITS
253
NO. 54-BANK DEBITS TO DEMAND DEPOSIT ACCOUNTS, EXCEPT INTERBANK AND UNITED STATES
GOVERNMENT ACCOUNTS, AT WEEKLY REPORTING MEMBER BANKS, WEEKLY, 1935-1941-Continued
[In millions of dollars]
cy
Federal Reserve districts
All
weekly
reporting
member
banks
New Outside
New
York
ChiCity' York
cago1 Boston
City
10,398
7,519
8,318
8,597
8,612
4,598
3,159
3,339
3,690
3,623
5,800
4,360
,979
,907
,989
1,338
743
806
794
758
571
468
500
483
464
4,891
3,392
3,589
3,947
3,900
542
359
378
471
505
607
500
661
550
573
270
226
250
.253
256
250
215
223
229
218.
1,869
1,152
1,302
1,242
1,312
244
219
246
247
233
143
125
139
170
197
250
223
265
242
230
195
175
211
205
189
566
465
554
558
535
8,401
7,799
8,707
8,765
3,617
3,072
3,445
3,835
,784
,727
5,262
4,930
780
752
800
809
475
458
497
473
3,859
3,342
3,857
4,091
410
384
428
413
570
541
633
585
257
254
267
251
235
240
251
230
1,257
1,234
1,302
1,318
236
234
265
309
153
152
146
138
236
246
270
244
189
189
232
200
524
525
559
513
9,711
8,090
9,963
8,635
4,440
3,374
4,233
3,441
5,271
4,716
5,730
5,194
837
799
1,022
806
513
449
493
517
4,705
3,626
4,558
3,750
660
396
454
452
569
538
691
633
247
254
302
270
219
239
270
239
1,345
1,249
1,589
1,354
362
254
289
249
156
146
163
146
255
234
297
258
182
201
234
207
498
504
623
560
11,006
7,211
9,114
8,760
8,255
4,834
3,054
3,760
3,530
3,313
6,172
4,157
5,354
5,230
4,942
1,020
647
881841
785
601
404
504
508
463
5,311
3,281
4,029
3,815
3,556
586
377
413
413
438
704
499
623
609
596
310
215
287
267
258
274
199
245
260
238
1,644
1,032
1,426
1,376
1,330
317
215
279
260
235
174
135
160
148
147
285
233
302
293
269
218
163
226
222
201
582
458
620
589
524
9,006
7,887
8,608
8,118
3,710
3,174
3,337
3,255
5,296
4,713
5,271
4,863
902
779
856
783
473
441
482
448
3,998
3,404
3,598
3,502
552
423
399
371
627
571
630
607'
258
241
279
254
246
226
260
239
1,411
1,218
1,365
1,279
233
225
251
227
166
152
172
166
271
259
311
260
201
195
230
193
570
532
631
572
Sept. 3
Sept. 10
Sept. 17
Sept. 24
7,891
7,576
10,090
8,668
3,225
2,899
4,248
3,391
4,666
4,677
5,842
5,277
848
797
962
846
409
431
532
502
3,452
3,141
4,537
3,654
360
358
458
414
568
538
712
654
246
258
306
273
218
227
265
257
1,312
1,226
1,524
1,342
210
242
295
294
173
178
196
165
243
259
323
287
177
189
245
223
523
529
697
603
Oct. 1
Oct. 8_.
Oct. 15
Oct. 22
Oct. 29.
10,127
8,690
9,081
11,216
9,656
4,296
3,631
3,812
4,707
4,252
5,831
5,059
5,269
6,509
5,404
988
784
824
1,100
824
557
503
509
681
530
4,615
3,914
4,062
5,040
4,539
465
412
402
580
444
706
573
626
730
657
302
273
294
351
284
278
251
260
321
259
1,555
1,237
1,335
1,673
1,371
320
303
- 296
334
293
193
173
175
209
157
278
265
303
315
263
230
212
226
288
241
628
574
593
694
618
Nov. 5 .
Nov. 12
Nov. 19
Nov. 26
10,419
7,795
10,904
8,690
4,316
3,174
4,325
3,582
6,103
4,621
6,579
5,108
1,100
781
1,033
755
860
475
636
519
4,610
3,416
4,751
3,815
414
356
494
442
661
514
798
629
286
259
346
274
265
223
306
264
1,656
1,207
1,665
1,238
313
232
343
269
182
149
202
151
277
239
343
263
243
206
299
232
652
519
721
594
Dec. 3
Dec. 10
Dec. 17
Dec, 24
Dec. 31.
10,438
9,395
12,381
11,025
10,859
4,292
3,963
5,366
4,275
4,433
6,146
5,432
7,015
6,750
6,426
1,064
898
1,208
1,074
1,095
617
530
701
699
595
4,610 . 480
4,230
459
617
5,734
592
4,631
4,775
536
717
621
845
914
830
317
318
357
328
310
276
265
328
323
311
1,669
1,384
1,819
1,684
1,694
307
295
357
291
301
194
180
205
185
177
291
263'
342
352
369
246
223
305
301
286
714
627
771
725
675
Week ended
1941— Apr. 2
Apr. 9
Apr. 16
Apr. 23
Apr. 30
May
May
May
May
7
14
21
28
June 4
June 11
June 18 .
June 25
July 2
July 9.
July 16
July 23
July 30
Aug. 6
Aug. 13
Aug. 20
Aug. 27
L
_.
i}
New Phila- CleveYork' delphia land
Richmond
Figures for New York City and Chicago are included in their respective district totals.
Atlanta
Chicago1
San
St. Minne- Kansas Dallas FranLouis apolis City
, cisco
BANKING AND MONETARY STATISTICS
254
NO. 55-BANK DEBITS AND DEPOSIT TURNOVER, EXCLUDING INTERBANK DEPOSITS AND
COLLECTION ITEMS, AT ALL COMMERCIAL BANKS, YEARLY, 1I1MM11
TOTAL DEMAND AND TIME DEPOSITS
[Debits and deposits in millions of dollars]
All commercial banks
Year
Debits
Demand Annual
and time turnover
deposits
rate
Weekly reporting member banks
New York City
Debits
Other commercial banks
100 other leading cities
Demand Annual
and time turnover
deposits
rate
Debits
Demand Annual
and time turnover
depoeita
rate
Debits
Demand Annual
and time turnover
depoeita
rat*
----__..__—.- —
663,000
721,000
27,060
30,350
24.5
23.8
240,000
238,000
4,230
4,250
56.7
56.0
196,000
225,000
6,910
8,350
28.4
26.9
227,000
258,000
15,920
17,750
14.3
14.5
....
-- —
.. — ..,—.- -----„_—_...
. _ „ - _ — -..
591,000
643,000
685,000
716,000
820,000
28,400
29,750
32,920
34,590
37,720
20.8
21.6
20.8
20.7
21.7
204,000
236,000
235,000
260,000
309,000
3,970
4,270
4,190
4,580
5,080
51.4
55.3
56.1
56.8
60.8
179,000
185,000
209,000
212,000
238,000
8,040
8,690
9,640
10,200
11,200
22.3
21.3
21.7
20.8
21.3
208,000
222,000
241,000
244,000
273,000
16,390
16,790
19,090
19,510
21,440
12.7
13.2
12.6
12.3
12.7
„>„-.. — .— 872,000
952,000
~ --. ... -- — 1,114,000
. --- .... 1,276,000
. ..-.-..-._.. 931,000
39,340
40,670
42,570
42,720
41,550
22.2
23.4
26.2
29.9
22.4
334,000
386,000
493,000
594,000
379,000
5,120
5,480
5,780
5,970
6,180
65.2
70.4
85.3
99.5
61.3
250,000
263,000
284,000
308,000
260,000
11,760
12,210
12,850
12,950
13,140
21.3
21.5
22.1
23.8
19.8
288,000
303,000
337,000
374,000
292,000
22,460
22.9SO
23,940
23.S00
22,230
12.8
13.2
14.1
15.7
13.1
1931
„..__.. — — ..
1932
. ...
1933 .... — __.., — — „
1934
.. „ _ _
1935 ... _ _ _ _ — . „ _ - _
685,000
471,000
437,000
491,000
547,000
37,830
31,720
28,500
30,640
34,610
18.1
14.8
15.3
16.0
15.8
260,000
165,000
158,000
161,000
180,000
5,780
5,200
5,320
5,800
6,360
45.0
31.7
29.7
27.8
28.3
206,000
148,000
138,000
158,000
180,000
12,590
10,890
10,260
11,080
12,220
16.4
13.6
13.5
14.3
14.7
219,000
158,000
141,000
172,000
187,000
19,460
15,630
12,920
13,760
16,030
11.3
10.1
10.9
12.5
11.7
1936
1937
1938
1939
1940
628,000
650,000
566,000
592,000
627,000
38,660
40,290
40,410
43,670
48,610
16.2
16.1
14.0
13.6
12.9
206,000
195,000
167,000
169,000
168,000
6,940
7,090
7,100
8,260
10,160
29.7
27.5
23.5
20.5
16.5
208,000
221,000
191,000
205,000
222,000
13,520
13,790
13,850
14,860
16,220
15.4
16.0
13.8
13.8
13.7
214,000
234,000
208,000
218,000
237,000
18,200
19,410
19, 460
20,550
22,230
11.8
12.1
10.7
10.6
10.7
756,000
54,110
14.0
194,000
11,500
16.9
275,000
18,010
15.3
287,000
24,600
11.7
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
...
... -•--.
„-
...
...... _ _ , _ — —
— - ..--... _ _ „.- _ _ - — —
. ... ----
...
1941
.. „..-_.*.
DEMAND DEPOSITS
[Debits and deposits in millions of dollars]
Weekly reporting member banks
All commercial banks
Year
Debits
Demand
deposits
1919
1920
646,000
700,000
18,480
19,800
35.0
35.4
1921
1922
1923
1924
1925
569,000
620,000
658,000
687,000
788,000
17,470
18,150
19,280
19,990
21,720
_ _ _ . — ._.— 838,000
„_ ..-....„..- — -.. 915,000
— .... 1,075,000
. .-- ---- 1,237,000
892,000
Annual
turnover
rate
New York City
Other commercial banks
100 other leading cities
Debita
Demand Annual
deposits turnover
rat*
. .«,
1931
1932
1933
1934
1935
_ _ - „ . - - ----...„..
. .„, ....
. -- ....
1033
1937
1938
1939
1940
.
„ _ _ _.
.„
1941
1
Annual
turnover
rate
Debits
Demand
deposits
Annual
turnover
rate
240,000
237.000
4,010
3,950
59.9
60.0
193,000
221,000
5,350
5,930
36.1
37.3
213.000
242,000
9,120
9,920
23.4
24.4
32.6
34.2
34.1
34.4
36.3
203,000
235,000
234,000
258,000
307,000
3,700
3,800
3,570
3,880
4,270
54.9
61.8
65.5
66.5
71.9
173,000
179,000
202,000
204,000
229,000
5,350
5,750
6,190
6,420
6,850
32,3
31.1
32.6
31.8
33.4
193,000
206,000
222,000
225,000
252,000
8,420
8,600
9,520
9,690
10,600
22.9
24.0
23.3
23.2
23.8
22,210
22,340
22,950
23,080
22,090
37.7
41.0
46.8
53.6
40.4
332,000
384,000
490,000
592,000
376,000
4.270
4,500
4,610
4,760
4,880
77.8
85.3
106.3
124.4
77.0
240,000
252,000
273,000
297,000
249,000
7,000
7,050
7,260
7,340
7,370
34.3
35.7
37.6
40.5
33.8
266,000
279,000
312,000
348,000
267,000
10.940
10,790
11,080
10,980
9,840
24.3
25.9
28.2
31.7
27.1
658,000
456,000
424,000
479,000
534.000
19,810
16,720
15,850
18,220
21,480
33.2
27.3
26.8
26.3
24.9
258,000
165,000
158,000
160,000
180,000
4,720
4,390
4,540
5,140
5,790
54.7
37.6
34.8
31.1
31.1
198,000
143,000
133,000
154,000*
177,000
6,930
5,990
5.950
6,860
7,920
28.6
23.9
22.4
22.4
22.3
202,000
148,000
133,000
165,000
177,000
8,160
6,340
5,360
6,220
7,770
24.8
23.3
24.8
26.5
22.8
614,000
635,000
551,000
577,000
611,000
24,810
25,710
25.520
28,550
33,040
24.7
24.7
21.6
20.2
18.5
205,000
194,000
166,000
168,000
167,000
6,360
6,430
6,460
7,630
9,470
32.2
30.2
25.7
22.0
17.6
204,000
218,000
188,000
201,000
218,000
9,100
9,280
9.290
10,270
11,570
22.4
23.5
20.2
19.6
18.8
205,000
223,000
197,000
208,000
226,000
9,350
10,000
9,770
10,650
12,000
21.9
22.3
20.2
19.5
18.8
740.000
1926
1927
1928
1929
1930
Demand
deposits
38,220
19.4
194,000
10,770
18.0
270,000
13.350
20.2
276,000
14,100
19.6
Debits
Figures in this table are in part estimated; for description of methods of estimating see pp. 232-33. Debits are yearly totals rounded to bill;one;
deposits are averages for call dates rounded to tens of millions.
SECTION 6
BANK EARNINGS
Page
257
Text
Table
Table
Table
Table
56.
57.
58.
59.
Table 60.
Table 61.
Table 62.
Table 63.
Table 64.
Table 65.
National bank earnings and earnings ratios, 1869-1941
Member bank earnings, expenses, and dividends, 1919-1941
Member bank earnings ratios, 1919-1941
Member bank earnings, expenses, and dividends, by class of bank, 1939, 1940, and
1941
Member bank earnings ratios, by class of bank, 1939, 1940, and 1941
Member bank earnings, expenses, and dividends, by class of bank and by Federal
Reserve districts, 1941
Member bank earnings ratios, by class of bank and by Federal Reserve districts, 1941.
Member bank earnings ratios, by total deposits of banks and by ratio of time to total
deposits, 1941
Insured commercial bank earnings, expenses, and dividends, 1934-1941
Insured commercial bank earnings, expenses, and dividends, by total deposits of
banks, 1941
260
262
264
266
268
269
272
275
277
278
SECTION 6
BANK EARNINGS
Reports of bank earnings and expenses are of
value both to bank supervisors in reviewing the
condition of individual banks and to bank
officers and stockholders. Statistics compiled
from these reports provide significant information for credit and fiscal authorities and for
others concerned with general banking and credit
developments. The earnings of banks have a
long-run bearing on the stability of the banking
system. They should be sufficient to pay
reasonable expenses and also to provide adequate
profits to insulate capital against the losses that
banks must anticipate and to maintain capital
funds for the protection of depositors. Earnings
and prospects for earnings also determine
whether an individual bank or the banking
system as a whole can obtain new capital from
the investment markets.
The statistics of earnings presented in this
section relate to three classes of banks: (1)
national banks; (2) all member banks, both
national and State; and (3) all insured commercial banks. Table 56 presents data for
national banks, Tables 57-63 for all member
banks, and Tables 64-65 for all insured commercial banks.
Earnings of national banks. The earliest
available bank earnings data are those of
national banks shown for the years 1869-1941 in
Table 56. These earnings figures were compiled
from reports submitted to the Comptroller of the
Currency following the passage in 1869 of a
statute requiring each national hanking association to report, "within ten days after declaring
any dividend, the amount of such dividend, and
the amount of 'net earnings in excess of such
dividend." The reports were required originally
to be submitted only following dividend declarations, but beginning with 1871 the Comptroller
of the Currency required them to be submitted
at least semiannually, whether or not dividends
were declared, and beginning with 1916 every
national bank has been required to submit
reports covering the semiannual periods ending
with June and December. At first, only the
dividend declared (rate and amount), net profits,
tax on profits, capital stock, undivided profits,
and a few related items were provided for on the
report form. Subsequently, gross earnings,
expenses (including taxes), premiums paid and
charged off, and losses were added to the report.
Beginning with 1917 a breakdown as to the
sources and disposition of earnings has been
required.
Additional statistics on national bank earnings for 1939, 1940, and 1941 are shown in
Tables 59 and 60, which relate to the earnings
of member banks.
Earnings of member banks. Most of the
statistics on bank earnings presented in this
section relate to member banks. This is the
largest group of banks for which detailed data
on earnings and expenses are available for a
long period of years.
Table 57 shows the details of earnings and
expenses of member banks year by year from
1919 to 1941, and Table 58 presents earnings
ratios based on aggregate dollar figures for the
same years. Changes in classification of items
over the period are indicated in footnotes to the
tables and in this text under the heading
"comparability of data." Details of earnings
and expenses by classes of banks—national and
State member—are given for recent years in
Table 59, while geographic differences in earnings of banks by three classifications—all
member banks, reserve city banks, and country
banks—are shown for 1941 in Table 61. Significant ratios, based on the dollar figures in Tables
59 and 61, are shown in Tables 60 and 62,
respectively. A different type of earnings
analysis is presented in Table 63: averages of
individual bank earnings ratios^ are shown for
banks classified by total deposits of banks (a
measure of size) and by the ratio of time
deposits to total deposits of the individual bank.
Earnings ratios are discussed in more detail in
a subsequent paragraph.
As already stated, the figures for national
member banks 1
are compiled from semiannual
earnings reports submitted to the Comptroller
of the Currency. Similar figures for State
member banks are compiled from reports submitted to the Reserve Banks and are 2available
beginning with the second half of 1918.
Earnings ratios of member banks. Two
distinctly different types of earnings ratios
appear in the tables, and the differences in their
1
In 1941 all member banks, and in 1942 national banks, submitted annual figures of earnings, in addition to figures covering
each of the semiannual periods. State member banks in 1942
submitted a report covering the semiannual period ended June 30
and an annual report covering the calendar year.
2
Such figures have been published in the Federal Reserve
Bulletin. Prior to June 1917, State member banks were required
by law to submit reports of dividends to the Comptroller of the
Currency, as were national banks. The reports are no longer
available, however, and apparently their contents were never
tabulated.
257
258
BANKING AND MONETARY STATISTICS
significance and methods of computation are
important. Tables 58, 60, and 62 present ratios
which reflect relationships between aggregate
dollar figures of various groups of banks. Table
63, on the other hand, presents what are ordinarily referred to as "operating ratios," that
is, arithmetic averages of ratios computed for
individual banks* The two types of ratios
sometimes show wide variations, owing to
differences in relative weights of banks of
different size: average operating ratios assign
an equal weight to each bank regardless of its
size or importance, whereas ratios computed
from aggregates reflect primarily the performance or position of those banks (usually a
very small number) whose figures are disproportionately large, For example, the 100 largest
member banks have total earnings which, combined, are approximately equal to the total earnings of the 6,500 other member banks. Whereas
averages of individual bank operating ratios
are useful primarily to those interested in studying the financial results of operations of
individual banks, the ratios computed from
aggregates show the results for the banking
system as a whole and are, therefore, the more
significant in analyzing general credit and
monetary problems.
Earnings of insured banks. Table 64 shows
earnings, expenses, and dividends of all insured
banks, annually, for the period 1934-1941, and
Table 65 shows similar data for 3941 with the
reporting banks classified by size as measured
by deposits.
The data on earnings and dividends of insured
banks are assembled by the Federal Deposit
Insurance Corporation from several sources: for
national banks and for insured nonmember banks
in the District of Columbia, from the Comptroller of the Currency; for State member banks,
from the Board of Governors of the Federal
Reserve System; and for insured nonmember
banks, from earnings reports submitted to the
Federal Deposit Insurance Corporation. Insured nonmember banks4 have been required to
submit annual reports of earnings, expenses,
dividends, etc., to the Federal Deposit Insurance
Corporation since the inception of Federal
deposit insurance at the beginning of 1934.
Comparability of data. Changes have been
made from time to time in the underlying report
forms for earnings and dividends. These
changes have a bearing on the comparability
* Averages of the operating ratios of individual member banks
of the Federal Reserve System have been computed annually beginning with the year 1937. In several Federal Reserve districts
similar computations had been made and published by the Reserve
Banks for a number of years prior to 1937.
* Other than those in the District of Columbia and .national
banks in United States possessions, all of which report to the
Comptroller of the Currency.
of the data over the periods covered or for
different classes of banks. Some of the more
important of these changes as well as certain
other factors which have a bearing on the use
of the data are explained below; other changes
are explained in footnotes to the tables.
Earnings and dividends reports. Reports of earnings and dividends from which the tables in this
section are compiled are made either on a cash or
an accrual basis, the same as reports of assets and
liabilities, depending on each bank's method of
bookkeeping. Except as indicated in this text and
in footnotes to the tables, the reporting bases of
the figures compiled in these tables are essentially
uniform for the three Federal bank supervisory
agencies.
In Tables 57-62, the annual figures of member
bank earnings, expenses, etc., except for the year
1941, are a combination of figures included in semiannual reports for the first half of the year by
member banks in existence on June 30 and for the
second half of the year by banks in existence on
December 31. For 1941 the national bank figures
are also totals of semiannual reports, but the State
member bank figures are annual totals reported by
banks which were members at the end of the year.
In Table 63, the figures of earnings, expenses, etc.,
used in calculating individual bank ratios, were
taken from the annual earnings and dividends reports for 1941 in the case of both national and State
member banks.
Insured nonmember banks, as already indicated,
submit annual earnings reports only, and these reports cover the full year or the part thereof during
which the reporting bank was in existence. As a
result of the annual reporting by insured nonmember banks, and only semiannual reporting by member banks prior to 1941, banks withdrawing from
membership in the Federal Reserve System during
the second half of the year but continuing insurance are represented in Table 64 for the first
half of the year (as member banks) as well as for
the full year (as insured nonmember banks). On
the other hand, insured nonmember banks joining
the Federal Reserve System during the second half
of the year are represented (prior to 1941) by earnings reports covering only the second half of the
year.
Banks included. Nonmember national banks are
included in all of the data for national banks in
Table 56, and those insured by the Federal Deposit Insurance Corporation are also included in
Tables 64 and 65. In addition, for the years 19191925 the figures of the four to six nonmember
national banks located in United States possessions
are included in the items of earnings, expenses, recoveries, losses, etc., of member banks (but not in
the balance sheet items) in Tables 57 and 58. This
inclusion is believed to affect the member bank figures by less than one-tenth of one per cent.
The figures for insured commercial banks in
Tables 64 and 65 exclude member and nonmember
insured mutual savings banks and a few other insured nonmember banks—either trust companies
not engaged in deposit banking or other banks for
which reports are not available. Thc^ figures
include insured national banks in United States
possessions which are not members of the Federal*
Reserve System.
BANK EARNINGS
Number of banks and employees. Figures for
number of banks and number of officers and
employees, shown in Tables 57-65, are as of the
end of each year. The number of banks is the
number that submitted both condition and earnings
reports at the end of the year except that, for 'the
years 1919-1926, 1930-1933, 1936, 1938, and 1939, it
includes one or more banks that did not submit
earnings reports.
Asset and liability items. The balance sheet figures
of assets, deposits, and capital accounts, used in
Tables 57-62, are averages of the amounts reported
(revised where necessary to put them on the current
basis, as explained in Section 2) for each call date in
the current year and the final call date in the preceding year, with the following exceptions: the 1933
figures are averages of only June 30, October 25, and
December 30; in each year, 1919-1922, two call dates
for national banks were not used (since there were
no corresponding calls for State member banks).
Balance sheet figures used in compiling Table 63
were obtained by averaging the amounts reported
for December 31, 1940, and April 4, June 30, and
September 24, 1941, except for a limited number
of banks for which all four reports were not available; such reports as were available were used in
those instances.
In Tables 57-63 real estate assets comprise
banking house . and equipment, other real estate
owned, and beginning with December 1938 items
indirectly representing bank premises or other real
estate. Cash assets comprise cash, balances with
other banks (including reserve balances), cash items
in process of collection, and prior to December 1935
a small amount of cash items not in process of
collection. Total capital accounts comprise capital
stock, capital notes and debentures, surplus,
undivided profits, reserves for contingencies, and
other capital reserves.
The deposit figures in Table 64 for the period
1935-1941 are averages of deposits reported at the
259
beginning, middle, and end of the year; for 1934
they are averages of deposits reported on June 30
and December 31. The deposit figures in Table 65
are the sum of (1) averages of deposits reported
by insured nonmember banks (except those in the
District of Columbia) at the beginning, middle,
and end of the year, and (2) December 31
figures for member banks, insured nonmember banks
in the District of Columbia, and national banks
in the United States possessions. Distributions of
average deposit figures by size of bank are available only for insured nonmember banks; hence,
year end figures were used in the case of the other
classes of banks. It should be noted also that the
1941 figures in Table 64 differ somewhat from those
in the total column of Table 65; this difference is
explained in footnotes to these tables.
Sources of additional data. Most of the
earnings figures in the tables were taken or
computed from material that has been published
in the Federal Reserve Bulletin and in the
annual reports of the Comptroller of the Currency and the Federal Deposit Insurance
Corporation. More detailed information, as, for
example, totals for individual States, Federal
Reserve districts, size groups, etc., can frequently be found in these original sources. Longterm analyses of bank earnings, including charts
and summary tables, were published in the
Federal Reserve Bulletin for February 1938,
pages 102-24, and for May 1940, pages 395-400.
Current statistics on member bank earnings
have been published semiannually in the Federal
Reserve Bulletin; operating ratios have been
published annually.
NO. SB-NATIONAL BANK EARNINGS AND EARNINGS RATIOS, 1SW-1S411
[Amounts in thousands of dollars]
Percentage ratios
Grose
earnings2 s
Period covered
Expenses
2
Net losses and
depreciation2
Net current
earnings2 3
Six months ended August 31, 1869
Net
profits
29,221
Cash
dividends
declared
21,768
Total capital
accounts*
9.9
7.6
1,612
9.2
9.3
9.8
8.8
8.4
7.5
7.5
7.5
7.2
7.1
1,723
1,853
1,968
1,983
2,076
6.4
5.3
4.9
5.1
7.2
7.0
6.7
5.9
5.7
5.8
2,091
2,078
2,056
2,048
2,076
641,592
660,393
706,984
738,877
725,028
8.4
8.1
7.6
7.1
6.0
6.0
6.2
5.8
5.6
5.6
2,115
2,239
2,417
2,625
2,689
55,811
42,559
561,788
54,558
58,076
65,048
59,581
57,936
44,330
46,687
49,649
48,459
49,069
594,188
625,959
662,264
675,576
686,898
43,638
34,867
30,606
31,552
45,186
47,376
43,921
36,941
34,943
36,411
678,900
656,267
629,055
615,369
624,455
53,623
53,332
54,007
52,363
43,625
38,378
40,792
40,679
41,255
40,656
__
1881. . _ _ _ _ .
1882... _
1883____.__
1884
1885...—.
1886
1887
1888
1889
1890
_.._
__
_'„_
,
_.
Number4of
banks
1,619
1871 . . .
1872
1873.
..
1874
1875
____'
no. 7
Dividends to
total capita]
accounts
57.9
548,691
Year ended August 31:
1870
1876
1877
__
1878
__
1879
1880 . .__.
Net profits to
total capital
accounts
129,148
135,324
144,614
45,301
49,755
51,266
83,847
85,569
93,348-
18,487
15,951
21,292
55,166
64,507
65,360
69,618
72,056
42,413
44,153
46,532
46,618
51,159
760,415
806,292
841,787
875,297
934,543
7.3
8.0
7.8
8,0
7.7
5.6
5.5
5.5
5.3
5.5
2,809
3.014
3,120
3,239
3,484
151,334
148,559
151,695
139,725
135,459
55,035
58,682
60,909
59,683
59,990
96,299
89,877
90,786
80,042
75,469
20,535
23,219
22,035
38,087
28,602
75,764
66,658
68,751
41,955
46,867
50,795
50,401
49,633
45,333
45,970
987,551
1,011,145
1,028,870
1,001,388
987,228
7.7
6.6
6.7
4.2
4.8
5.1
5.0
4.8
4.5
4.7
3,652
3,759
3,807
3,770
3,715
142,443
137,728
143,394
156,520
193,650
61,006
61,153
62,182
68,498
72,714
81,437
76,575
81,212
88,022
120,936
31,695
32,301
31,179
33,675
33,659
49,742
44,274
50,033
54,347
87,277
45,526
42,394
44,292
46,692
48,033
982,997
962,420
954,989
947,187
1,013,084
5.1
4.6
5.2
5.7
8.6
4.6
4.4
4.6
4.9
4.7
3,689
3,610
3,582
3,583
3,732
188,267
221,278
234,584
249,411
248,585
77,667
85,235
93,122
103,050
112.206
110,600
136,043
141,462
146,361
136,379
28,746
29,462
31,580
33,425
30,470
81,854
106,581
109,882
112,936
105,909
51,700
68,199
63,566
75,589
73,138
1,062,459
1,184,368
1,285,690
1,349,016
1,406,858
7.7
9.0
8.6
8.4
7 5
4.9
5.8
4.9
5.6
5,2
4,165
4,535
4,939
5,331
5,668
1906
279,312
120,448
158,864
31,337
127,527
89,265
1,491,293
8.6
6.0
6,053
Ten months ended June 30, 1907
314,701
131,544
183,157
30,922
152,235
99,728
1,604,104
HI. 4
*7.5
6,429
_
....
1891
1892
1893
1894
1895.-.-..-1896
1897
1898
1899
1900..
1901
1902.
1903
1904
1905
„ _.____--_.__—_._
_____
,
_ .
,
...
_.....„ ........
For footnotes see opposite page.
j
NO. 56-NATIONAL BANK EARNINGS AND EARNINGS RATIOS, 1869-19411-Continued
Amounts in thousands of dollars]
Percentage ratios
Gross
earnings2
Period covered
Expenses2
Net current
earnings2 3
Net losses and
depreciation2
Net
profits
Cash
dividends
declared
Total capital
accounts*
Net profits to
total capital
accounts
Dividends to
total capital
accounts
Number of
banks*
Year ended June 30:
1908....
_._._._
1909
1910
332,454
348,674
402,666
150,551
177,035
209,784
181,903
171,639
192,882
50,568
40,453
38,714
131,335
131,186
154,168
97,336
92,993
105,899
1,667,803
1,744,075
1,850,970
7.9
7.5
5.8
5.3
5.7
6,824
6.926
7,145
1911
1912
1913
1914
1915
428,973
450,043
499,252
515,624
527,985
232,062
258,730
284,516
301,424
322,450
196,911
191,313
214,736
214,200
205,535
39,926
42,256
53,756
64,930
78,440
156,985
149,057
160,980
149,270
127,095
114,685
120,301
119,906
120,947
113,639
1,933,134
1,984,398
2,045,668
2,049,714
2,105,363
8.1
5.9
6.1
5.9
5.9
5.4
7,277
7,372
7,473
7,525
7,605
590,642
667,406
813,997
931,826
370,902
410,753
510,185
610,780
219,740
256,653
303,812
321,046
62,196
62,332
91,480
80,680
'157,544
194,321
212,332
240,366
114,725
125,538
129,778
135,588
2,103,288
2,198,553
2,249,793
2,363,478
7.5
8.8
9.4
10.2
5.5
5.7
5.8
5.7
7,579
7,604
7,705
7.785
992,714
1,210,839
670,622
817,481
322,092
393,358
72,635
132,299
249,457
261,059
134,831
162,119
2,384,000
2,648,000
10.5
9.9
5.7
6.1
7,890
8,130
,121,158
,042,979
,064,822
,094,412
,160,255
774,657
717,349
758,138
776,435
346,501
325,630
306,684
317,977
337,586
165,607
114,688
112,124
104,017
93,178
180,894
210,942
194,560
213,960
244,408
152,772
160,601
151,569
155,026
163,289
2,794,000
2,845,000
2,891,000
2,905,000
2,970,000
6.5
7.4
6.7
7.4
8.2
5.5
5.6
5.2
5.3
5.5
8,169
8,225
8,184
8,049
8,054
,211,657
,227,018
,351,356
,406,544
,325,404
857,252
919,316
988,314
988,403
989,842
354,405
307,702
363,042
418,141
335,562
109,195
50,192
72,061
126,197
177,151
245,210
257,510
290,981
291,944
158,411
168,587
183,768
195,061
226,662
211,272
3,077,000
3,255,000
3,544,000
3,751,000
3,913,000
8.0
7.9
8.2
7.8
4.0
5.5
5.6
5.5
6.0
5.4
7,912
7,765
7.635
7,408
7,038
,153,145
,000,226
801,525
808,776
794,156
850,042
750,210
565,133
557,667
549,148
303,103
250,016
236,392
251,109
245,008
357,653
414,753
522,508
404,560
86,517
-54,550
-164,737
-286,116
-153,451
158,491
193,196
135,381
71,664
91,018
113,239
3,747,000
3,317,000
2,888,000
2,976,000
3,078,000
-1.5
-5.0
-9.9
-5.2
5.1
5.2
4.1
2.5
3.1
3.7
6,373
6,016
5,159
5,467
5,392
824,933
859,094
837,857
848,419
864,749
565,013
586,221
577,272
581,264
599,444 '
259,920
272,873
260,585
267,155
265,305
«53,906
44,852
61,936
15,579
23,840
313,826
228,021
198,649
251,576
241,465
120,016
121,763
122,725
131,178
133,349
3,137,000
3,200,000
3,275,000
3,373,000
3,456,000
10.0
7.1
6.1
7.5
7.0
3.8
3.8
3.7
3.9
3.9
5,331
5,266
5,230
5,193
5,150
925,663
641,648
284,015
14,720
269,295
132,621
3,656,000
7.4
3.6
5,123
___._._
;
._..
1916
1917
1918
1919
________
_______
Year ended December 31:
1919..
1920_.
1921
1922
1923
1924
1925
_______
1926..-.
1927_____
1928.______
1929
_.
1930
______
________
1931
1932
1933
1934
1935
________
1936..-__
__-_
1937
1938
..
1939
.
1940...
.
1941
1
.
__
.....
7.5
7.9
7.3
6.0
This table includes the earnings of nonmember national banks in the United States possessions. Gross earnings of such banks in 1941 were $2,714,000. Such nonmember national banks are excluded from the succeeding tables except that for 1919-1925 they are included in Tables 57 and 58 and that insured nonmember national banks in United States possessions are included in Tables 64 and 65.
2
Not available prior to 1888.
3
The figures of gross and net current earnings before 1927 include profits on securities sold; such profits during the second half of 1626, when first reported separately, were $17,338,000. The figures
of gross and net earnings up to and including the fiscal year ended June 1919 also include recoveries on charged-off assets; such recoveries in the fiscal year ended June 30, 1919, were $21,066,000. The
treatment of these items beginning with 1927 and 1919, respectively, is illustrated in Table 57.
* Number of banks and total capital accounts are as of the end of the period.
6
Annual basis.
s
Net recoveries.
w
2
N0.57-MEMBER BANK EARNINGS, EXPENSES, AND DIVIDENDS, 191MS41
[Amounts in thousands of dollars]
1919
Item
Earnings
Interest and discount on loans -,_
Interest and dividends on securities
Collection charges commissions, fees, etc
Foreign department
Trust department .
Service charges on deposit accounts
Rent received
=„
__.
_
Interest on balances with other banks Other current earnings
_
11,803,828
s
l, 601, 3-54
58,436
(3)
(3)
3
(3)
3
(3)
(3J
(3)
(>
11,719,887
1, 494, 184
36,910
(3)
(3)
(«)
(*)
(5)
(*)
(6)
(4)
(5)
(»)
(3)
(*)
(5)
1111,282
( )
4,743,963
1, 537, 789
34,931
2
11,652,359
1, 402, 261
35,517
2
(3)
3
(>
(6)
2
(3)
1924
n, 787, 951
2
1, 514, 979
38,387
(3)
(3)
(3)
(4)
14
J
233,685
1925
11,918,754
1927
1926
2,913,579
f 1,254,289
\ 458,401
40,259
41,127
32,352
31,731
45,114
52,971
3
(3)
(4 )
(5)
(4)
36,318
( )
^200, 156
138,112
12,927,752
21 71fl 4Q9
45,563
32,208
40,645
(3)
(*)
5
C)
484.212
1929
1928
2,194,924
1,374,130
498,420
44,662
22,913
65,956
(3)
(*)
33,178
154,765
2,398,993
1,562,769
472,868
61,299
26,209
77,589
1,613,811
1,683,720
(3)
0)
33,264
164,995
_
>
_,_
]
\
J
_„ _
__
\
il 71, 243
^14, 581
U88,793
581,4*8
224,066
(•>
1,227,310
291,347
1,219,271
307,289
1,145,969
313,979
1,232,999
335,820
(6)
1,289,889
355,168
1,367,732
1,441,745
(6)
(8)
(c)
422,546
468,837
468,101
508,540
548,014
594,553
643,299
160,990
120,861
42,151
24,746
25,954
1fl9 AQK
f A C QOK
inft 77R
m
190,244
186,396
37,684
98,959
186,798
204,317
209,060
223,132
234,787
248,248
261,947
283,872
U54.732
'576,518
^533,692
506, 395
1486,897
>506,162
'55*, 022
1586,007
497,866
589,213
715,273
TO, 385
'31,714
'41.875
'68,999
'57,314
'52,745
•61,812
'53,966
27,325
'31,714
7
7
68,999
'57,314
'52,745
1
I
157,836
26,010
10,830
106,707
14,289
149,849
26,502
11,475
89,974
12,898
136,714
25,204
19,956
75,106
16,448
131,568
40,945
61,616
28,007
\
\
U44,038
85,150
104,525
145,121
>
Recoveries, profits on securities, etc. _ „
Recoveries on loans
Recoveries on securities
..
_.
Profits on securities sold
All other
Losses and depreciation
,,
On loans
On securities.
._,
„_. .«,
On banking house and equipment
1923
1922
*1, 436, 149
> *1, 287, 649
37,209
Expenses
Salaries —officers
Salaries and wages—other
Directors' and committee members' fees.
Interest on time deposits
Interest on interbank deposits
Interest on demand deposits (excl. interbank)
Interest on borrowed moneyReal estate taxes
Other taxes ~
-.
Other (*UTfint expenses
Net current earnings
1921
1920
211,787
66,062
112,600
33,125
282,193
166,943
83,918
31,332
226,212
169,891
25,690
30,631
297,147
143,019
36,416
27,712
197,386
133,105
33,203
31,078
/
I
298,693
123,745
37,284
27,172
20,492
217,194
119,290
45,293
31,832
20,779
295,473
139,588
95,465
33,171
27,249
556,514
7
(6)
(6)
(6)
4 1,875
:
193.136
128,790
35,136
1,515,794
(8)
672,927 <
I
31,350
207,539
124,885
35,909
405,711
81,642
225,685
24,514
(6)
(6)
439,384
75,352
234,926
48,443
7HQ
444,636
68,131
246,493
64,265
m
A7R
351,489
399,445
293,374
349,186
337,964
361,521
419,698
431,483
447,099
503,868
Cash dividends declared
197,287
238,439
232,943
247,288
243,919
259,434
264,651
276,856
298,744
317,713
387,393
On common stock 9
197,287
238,439
232,943
247,288
243,010
250,434
264,651
276,856
298,744
317,713
387,393
15,817,000
6,839,000
522,000
6,416,000
19,257,000
6,154,000
599,000
6,283,000
18,389,000
5,992,000
684,000
5,123,000
17,392,000
6,738,000
778,000
5,631,000
18,532,000
7,675,000
8B9.000
6,075,000
19,347,000
8,128,000
9S4,000
6,956,000
20,809,000
8,S65,000
1,066,000
7,374,000
22,123,000
0,009,000
1,135,000
7,581,000
23,006,000
9,750,000
1,212,000
7,476,000
24,154,000
10,568,000
1,271,000
7,763,000
25,615,000
10,112,000
1,334,000
8,525,000
... ........ . .......... .. 30,494,000
33,469,000
31,151,000
31,301,000
33,943,000
36,234,000
39,091,000
40,853,000
42,527,000
45,109,000
46,954,000
4,525,000 j 5,859,000
23,425,000 25,147,000
3,887,000
3,396,000
6,615,000
23,412,000
4,126,000
6,983,000
24,936,000
4,214,000
8,257,000
27,405,000
4,380,000
9,230,000
29,904,000
4,492,000
10,287,000
32,483,000
4,651,000
11,055,000
33,858,000
4,820,000
12,138,000
35,161,000
5,163,000
13,083,000
36,659,000
5,622,000
13,332,000
37,295,000
6,360,000
9,774
9,587
9,489
9,260
9,034
8,837
8,522
Net profits
„_
„_
Asset and liability items' 0
Loans . „ „ . _ „ „ .
Securities
Real estate assets
Cash assets
Total assets..
..
Time deposits
Total deposits
.
Total capital accounts
„ _„
.
_-.,
„_
.
,.
__...
___
-.
„...
= _
„ ..
„
_
9,859 !
9,606
Number of banks (December 31 ) . . _ . . „ . „ „ „ . „ „ „ „ „ = „„ ,.„„..„.,
9,779
9,066
1
Includes profits on securities sold.
2
Includes interest on balances with other banks.
3
Included partly in "collection charges, commissions, fees, etc." and partly in "other current earnings."
* Included in "other current earnings."
6
Included in earnings on loans and securities.
8
Included partly in salaries and wages and partly in "other current expenses."
For other footnotes see opposite page.
NO. 57-MEMBER BANK EARNINGS, EXPENSES, AND DIVIDENDS, 1819-1941-Continued
(Amounts in thousands of dollars!
Item
1932
1934
1930
1931
Earnings
Interest and discount on loans
Interest and dividends on securities _
Collection charges, commissions, fees, etc
Foreign department
- Trust department
Service charges on deposit accounts
Rent received
Interest on balances with other banks.
Other fiiirrent earnings
2,157,922
1,349,364
472,351
50,328
25,011
80,280
1,841,424
1,072,927
480,296
38,389
25,727
75,041
(4)
(4)
35,799
144,789
28,682
120,362
16,759
112,844
7,705
71,961
2,425
83,245
Expenses
Salaries— officers
Salaries and wages — other
Directors' and committee members' fees. - ..
Interest on time deposits. .
Interest on interbank deposits
Interest on demand deposits (excl. interbank)
Interest on borrowed money
Real estate taxes
Other taxes.
_.
,
Other current expenses... _ _
1,604,335
1,335,379
1,143,384
859,300
849,389
356,557
306,021
(4)
| 451,776
(6)
450,865
• 72,847
225,280
22,001
1933
1 553 618 1,236,864
604,297
851,007
457,712
426,391
27,943
24,487
21,791
22,531
59,658
64,822
20,574
(3)
(4)
W
412,531
(6)
(6)
301,863
34,599
97,862
38,814
387,284
52,935
140,691
19,136
(6)
231,765
13,424
42,802
15,178
1 243,873
540,014
473,791
27,810
17,975
70,994
27,619
327,424
(6)
227,371
3,498
12,494
3,637
1937
1938
1939
1940
1941
1 206 649 1,270,908
498,419
513,399
467,217
487,101
28,825
31,397
12,282
12,165
88,297
77,703
35,634
39,415
78,456
1,681
1,207
19,471
84,888
1,321,265
552,563
480,810
32,451
11,829
96,302
45,023
83,274
1,274,354
543,705
448,136
30,441
10,076
89,631
50,553
83,976
1,295,856
560,460
444,145
31,999
11,784
91,009
54,441
82,998
1,323 049
595,411
431,233
33,292
11,347
92 320
59,262
81 318
1,416,866
665,152
445,281
37,799
9,275
93,116
64,869
82,070
18,050
17,836
19,020
18,866
19,304
872,114
/ 135,501
334,468 \ 216,213
6,269
(6)
175,164
196,490
2,695
2,175
7,137
9,298
902,415
142,818
229,327
6,925
174,449
890,036
146,491
233,415
7,234
894,755
150,144
921,021
155,466
244,834
7,690
ni47,470
987,917
163,264
262,639
1935
1936
832,515
963
1,737
4,641
1
U71, 046
C11)
237, 788
7,538
C11)
(4)
C11)
C11)
8,169
^isg.gso
11
C )
613
576
287
165
124
124
33,970
47,175
247,897
34,162
52,031
255,749
34,601
47,691
249,271
34,875
50,555
254,596
34,475
65,927
265,035
32,703
96,264
284,824
268,148
236,435
246,612
192,082
212,687
1,230
/
63,680
\
224,654
N*>t. (tin-rent earning*
553,587
506,045
410,234
377,564
394,484
374, 134
398, 794
418,850
384,318
401,101
402,028
428,949
td
[>
Recoveries, profits on securities, etc.
Recoveries on loans
Recoveries on securities
Profits on securities sold ...
All other
118,229
23,402
12,334
70,852
11,641
126,672
28,000
13,541
70,078
15,053
113,109
24,584
124,885
28,815
253,959
44,389
376,006
71,901
508,071
94,247
160,318
230,698
22,808
256,168
75,503
50,326
98,950
31,389
279,211
44,928
53,926
152,577
326,555
54,617
56,103
189,741
26,094
302,750
55,294
/
277,027
\
27,078
24 496
278,339
58,905
63,989
128,956
26,489
3
^
HH
[>
£
Losses and depreciation
On loans
_
On securities
On banking house and equipment
All other
365,314
194,725
109,028
36,601
24,960
380, 179
317,525
83,590
137,731
47,573
48,631
3
2
o
rri
Net profits
Cash dividends declared.
On preferred stock 8
On common stock*
Asset and liability items 10
Loans
Securities
Real estate assets
Cash assets
1
113,418
86,367
67,077
12
58,028
62 , 278
63 819
60,191
80,072
185,591
28,334
15,998
23,979
620,456
295,241
264,170
29,061
31,984
778,230
403,272
304,961
21,370
48,627
858,279
425,442
344,053
35,758
53,026
872,944
451,782
320,496
39,422
61,244
538,262
252,374
198,765
33,586
53,537
441,548
206,548
131,406
38,721
64,873
338,458
104,788
147,958
36,868
48 844
398 065
121,903
181 982
42,097
52 083
54 493
355 669
90,408
163 958
45,473
55 830
306,502
12,261
254,887
-355,830
224,501
211,878
465,317
336 560
265 464
347 477
349 109
389 763
366,953
334,966
245,674
150,244
210,480
>13150,244 /
\
207,026
13,679
210,618
12,745
245,074
198,663
27,243
171,420
198,285
14,460
334,966
186,810
25,444
161,366
201,001
17,937
366,953
172,659
15,124
157,535
183 064
183 825
193 347
t
27 780
108,137
179,566
37,983
159,141
12 728
197 752
197 873
25,018,000 21,732,000 16,744,000 12,917,000 12,477,000 11,985,000 12,544,000 13,825,000 13,317,000 13,366,000 14,298 000 16,699,000
10,377,000 11,700,000 11,779,000 12,070,000 14,454,000 16,913,000 18,839,000 18,678,000 18,221,000 19,391,000 20,623,000 23,747,000
1,407,000
1,426,000 1,407,000
1,240,000
1,286,000
1,340,000
1,337,000
1,363,000
1,330 000 1,384,000 1 303 000 1,229,000
8,274,000 7,362,000 6,143,000 6,307,000
8,195,000 10,838,000 12,715,000 13,249,000 14,197,000 17,674,000 21,484,000 23,062,000
Total assets
46,532,000 43,535,000 36,943,000 33,346,000 37,161,000
Time deposits
Total deposits
Total capital accounts
13,611,000 12,963,000" 10,776,000 9,073,000
9,616,000 10,181,000 10,661,000 11,256,000 11,529,000 11,685,000 12,055 000 12,458,000
37,094,000 34,722,000 28,955,000 26,772,000 30,719,000 35,694,000 40,130,000 41 582 000 41,505 000 46 135 000 51 919 000 58 717 000
5,660,000 4,902,000 5,050,000
6,723,000 6,396,000
5,118,000 5,209,000 5,327,000
5,385,000 5,488,000
5,597 000 5,798,000
Number of banks (December 31)
8,052
7,246
6,816
6,011
6,442
41,607,000 45,894,000 47,490,000 47,407,000 52,129,000 58,025,000 65,044,000
6»387
6,376
6,341
6,338
For footnotes 1HS see preceding .page.
7
Profits on securities sold are not included here but in "other current earnings." Such profits for the second half of 1926 amounted to $36,072,000.
8
Includes interest on capital notes and debentures.
9
Revised, beginning 1922, to exclude stock dividends declared by national banks; may include some stock dividends declared by State member banks, 1919-1933.
10
Average of call report figures; see introductory text, p. 259.
11
Beginning with 1938 "interest on time deposits" comprises all interest on deposits except interest (if any) on demand deposits,
i* Profits on securities sold for the first half of 1932 amounted to $15,063,000.
13
Not available separately. For national member banks total dividends on preferred stock were only $558,000 in 1933, compared with $10,102,000 in 1934.
6,362
6,486
6,619
MO. SB-MEMBER BANK EARNINGS RATIOS, tllMMI
[Computed from aggregate dollar amounts in preceding table; ratios in per cent]
1919
Item
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
89.7
10.3
100 0
88.8
11.2
100 0
88.2
11.8
100.0
84.9
15.1
100.0
86.9
13.1
100.0
84.8
15.2
100.0
84.2
15.8
100.0
84.4
15.6
100.0
/ 62-3
\ 22.8
14.9
100.0
62.6
22.7
14.7
100.0
65.2
19.7
15.1
100.0
20.1
34.2
19.3
73.6
19.3
31.7
19.2
70.2
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on securities
Other current earnings.. _ _ _ . .,
Total earnings
Salaries and wages
Interest on deposits
Other current expenses
Total expenses
|
„..____.___.
._..-
15.6
29 4
23.3
68 3
16.2
26 0
25.9
68 0
17.6
26 8
24.9
69.4
19.0
30 8
19.6
69.4
19.5
31.9
20.3
71 7
19.9
33 3
18.5
71 7
19.4
33.5
18.3
71.3
19.6
33.2
18.3
71.1
~.,- _ _ _ _ ,,_
13.4
3 0
10.4
14.8
4 6
10.2
12.9
12.0
11.1
11.3
11.8
2.8
9.0
12.2
3.2
9.0
9.6
.9
8.7
10.3
1.3
9.0
11.2
2.4
8.8
5.8
6.1
5.6
5.9
5.5
5.6
5.7
5.7
5.8
5.7
6.1
4 7
3 2
15
3
12
54
3 7
1 7
5.6
5.3
5.0
3 9
37
4.9
4.9
3.5
1.4
.3
1.1
5.0
3.5
1.5
,4
1.1
4.7
3.5
1.2
.1
1.1
4.9
36
1.3
.2
1.1
5.1
3.6
1.5
.3
1.2
.
.
_, _-
Ratios to total capital accounts:
Net current earnings
Net charge-offs, etc.
Net profits
-- -
-___
Cash dividends declared...
_ „ _
Ratios to total assets:
Total earnings
Total expenses
Net current earnings
Net charge-offs, ete
Net profits
Ratios to loans:
5
12
5.8
7.1
1.7
.8
.9
Interest and discount on loans
(i)
(i)
(i)
Recoveries on loans
Losses on loans.. -„
(i)
.3
(i)
.3
(i)
.9
0)
C1)
C1)
Net return on loans
. - ____
„
.
. _ _ _ __ _
Ratios to securities:
Interest and dividends on securities
(1)
Net return on securities
(i)
(»)
0)
(i)
0)
(')
(i)
1.4
0)
=
Recoveries on securities
Profits on securities sold
Losses on securities
.
(i)
0)
9
-
Other ratios:
Interest on time deposits to time deposits
Time deposits to total deposits. . . ._._..
_ _ _ _ „ „ =„„,,
1 8
0)
(1)
___
.....
(i)
(1)
19.3
23.3
28.3
3.7
8.3
1.6
.5
1.1
3.4
7.7
3 6
1.4
.4
1.0
3.2
8.1
35
1.4
4
1.0
20.9
35.4
19.0
75.3
0)
C1)
0)
(i)
C1)
0)
5.5
5.7
6.1
(i)
.8
(i)
.7
0)
(1)
.1
.5
.1
.5
.1
.5
0)
C1)
C1)
C1)
0)
5.1
5.3
5.7
0)
0)
(1)
l
()
4.7
4.7
4.7
1
C)
(1)
.1
1.1
.4
.1
.9
.4
.2
.7
.9
C1)
0)
(l)
5.5
5.3
4.7
(i)
(1)
30.1
30.9
0)
31:7
32.7
0)
3.3
34.5
3.4
35.7
*3.3
35.7
10
(1)
(1)
(l)
C1)
(i)
(1)
(i)
0)
.4
(I)
280
.5
(»)
1
C)
(i)
.4
.6
.4
6
.4
Total capital accounts to loans, securities, and real estate assets,..,.,
14.7
14.9
16.5
16.9
16.2
15.8
15.1
14.9
15.2
15.6
17.2
Loans to total assets
Securities to total assets
Cash assets to total assets
51 9
22.4
21 0
57 5
18.4
18 8
59.0
19.2
16.4
55.6
21.5
18.0
54.6
22.6
17.9
53.4
22.4
19.2
53.2
22.7
18.9
54.2
22.1
18.6
54.1
22.9
17.6
53.5
23.4
17.2
54.6
21.5
18.2
For footnotes see opposite page.
....._.
..
B
S
o
NO, SI-MEMBER BANK EARNINGS RATIOS, 1$1Mi41-ContiBued
[Computed from aggregate dollar amounts in preceding table; ratios in per cent]
1930
Salaries and wages Interest on deposits
Other current expenses
Total expenses
Ratios to total capital accounts:
Net current earnings
Net charge-offs, etc.3
Net profits
_
Cash dividends declared 4
1933
1934
1935
1936
1937
1938
1939
1940
1941
58.3
26.1
15 6
100.0
54.8
29.5
15.7
100.0
48.8
34.5
16.7
100.0
43.4
38.1
18.5
100.0
41.3
38.7
20 0
100.0
40.4
38.3
21.3
100.0
41.8
36.4
21.8
100.0
42.7
35.2
22.1
100.0
43.3
34.3
22.4
100.0
45.0
32.6
22.4
100.0
47.0
31.4
21.6
100.0
22.4
31.5
18 6
72.5
22.9
28.0
22 7
73.6
24.8
23.3
21.4
69.5
26.3
19.6
22.4
68.3
27.7
17.3
24.0
69.0
27.7
14.5
26.4
68.6
28.2
13.7
26.4
68.3
29.8
13.4
-26.6
69.8
29.9
12.3
26.8
69.0
30.3
11.1
28.2
69.6
30.0
9.9
29.8
69.7
8 2
3.6
4.6
. .-
1932
20.9
34.7
18.7
74.3
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on securities-Other current earnings
Total earnings
1931
62.5
21.9
15 6
100.0
Item
79
7.7
.2
72
11.7
-4.5
7.7
15.0
-7.3
7.8
12.2
-4.4
7.3
3.2
4.1
7.7
+1.2
8.9
7.9
1.6
6.3
7.1
2.2
4.9
73
1.0
6.3
7.2
1.0
6.2
7.4
.7
6.7
3.8
3.7
3.8
3.8
3.6
2.8
1.9
.9
.2
.7 -
2.7
1.9
.8
.2
.6
2 5
1.7
8
.1
7
2.3
1.6
.7
.1
.6
2.2
1.5
.7
.1
.6
5.5
5.2
4.3
3.1
3.4
3.7
3.8
Ratios to total assets:
Total earnings
Total expenses
Net current earnings
Net charge-offs, etc. 3_
Net profits
4.6
3.4
12
.5
7
4 2
3.0
12
1.2
4 2
3.1
11
1.8
•— 7
3.7
2.6
1.1
2.2
-1.1
3.3
2.3
1.0
1.6
-.6
2.9
2.0
.9
.4
.5
2.8
1.9
.9
+ .1
1.0
Ratios to loans:
Interest and discount on loans
5.4
5.0
5.1
4.7
4.3
4.2
4.1
4.0
4.1
4.2
4.2
4.0
.1
8
.1
14
.1
24
.2
3.3
.4
3.6
.6
21
.8
1.6
.5
.8
.3
9
.4
g
.4
.6
.4
.5
4 7
37
28
1.6
1.1
2 7
33
37
35
38
40
3.8
4.6
4.1
3.9
3.5
3.3
2.8
2.6
2.6
2.5
23
2.1
1.9
.1
7
1.1
.1
6
2 3
-9
12
.3
5
.8
.3
8
10
3
10
9
.3
8
.8
.3
.5
.6
43
2 6
2 6
2 7
2 4
21
2
3.3
36 7
n.5
1.5
27 8
14
25 3
1.2
23 2
1.1
21.2
Recoveries on loans
Losses on loans
_
- -_
Net return on loans
Ratios to securities:
Interest and dividends on securities
Recoveries on securities
Profits on securities sold
Losses on securities
.-
Other ratios:
Interest on time deposits to time deposits
Time deposits to total deposits
I
e
/
I
26
.7
2.9
1.3
2.2
1.6
1.2
2 5
18
13
2 4
32
4 0
2
3.0
37 3
2
2.8
37 2
2
2.6
33.9
2
2.4
31 3
H.9
28 5
26 6
/
n.B
27 1
Total capital accounts to loans, securities, and real estate assets
18.3
18.3
18.9
18.7
17.9
16.9
15.9
15.7
16.4
16.1
15.5
13.9
FjOans to total assets
53 8
22.3
17 8
49 9
45 3
26 9 - • 31 9
16 9
16 6
38 7
36.2
18 9
33 6
38.9
22 1
28 8
40.6
26 0
27 3
41 0
27 7
29 1
39 3
27 8
28 1
38 4
29 9
25 6
37 2
33 9
24 6
35 5
37 0
25.7
36.5
35 5
Securities to total assets
Cash assets to total assets
1 Not available.
Time deposits include relatively small amounts of interbank time deposits, while interest on time deposits excludes interest on interbank time deposits.
A plus indicates net recoveries, etc,
* Includes interest on capital notes and debentures.
2
3
N0.5S-MEMBER BANK EARNINGS, EXPENSES, AND DIVIDENDS, BY CLASS OF BANK, 1ISI, 1141, AND 1141
[Amounts in thousands of dollars]
All member banks
State member banks
National member banks
Item
1939
1940
1941
1939
1940
1941
1939
1940
1941
Earnings
Interest and discount on loans
Interest and dividends on securities . .
Collection charges, commissions, fees, etc._.
Foreign department
Trust department
Service charges on deposit accounts.
Rent received .
Other current earnings
1,295,856
560,460
444,145
31,999
11,784
91,009
54,441
82,998
19,020
1,323,*49
595,411
431,233
33,292
11,347
92,320
59,262
81,318
18,866
1,4U,8«6
665,152
445,281
37,799
9,275
93,116
64,869
82,070
19,304
84«,»74
386,134
297,084
22,093
6,795
31,414
37,447
51,902
13,205
862,353
410,354
283,394'
23,059
7,055
32,678
40,708
51,730
13,375
922,*49
456,067
291,162
26,025
5,933
33,320
44,161
52,419
13,862
449,782
174,326
147,061
9,906
4,989
59,595
16,994
31,096
5,815
46*,696
185,057
147,839
10,233
4,292
59,642
18,554
29,588
5,491
493,917
209,085
154,119
11,774
3,342
59,796
20,708
29,651
5,442
Expenses
- Salaries— officers
Salaries and wages —other Directors' and committee members' fees__Interest on time deposits. - Interest on borrowed money
Heal estate taxes
Other taxes
Other current expenses
894,755
150,144
237,788
7,538
159,094
165
34,875
50,555
254,596
921,*21
155,466
244,834
7,690
147,470
124
34,475
65,927
265,035
•87,917
163,264
262,639
8,169
139,930
124
32,703
96,264
284,824
579,782
100,447
145,721
5,316
113,874
100
21,814
32,518
159,992
597,918
103,799
150,824
5,349
105,120
76
21,776
44,195
166,779
639,875
108,395
162,869
5,565
98,708
77
20,524
64,444
179,293
314,973
49,697
92,067
2,222
45,220
65
, 13,061
v
18,037
94,604
323,1*3
51,667
94,010
2,341
42,350
48
12,699
21,732
98,256
348,942
54,869
99,770
2,604
41,222
47
12,179
31,820
105,531
Net current earnings
4*1,1*1
412,128
428,949
2(6,292
254,435
283,*74
134,8*9
137,593
145,875
Recoveries, profits on securities, etc.
336,555
54,617
56,103
189,741
26,094
3*2,75*
55,294
63,819
159,141
24,496
278,339
58,905
63,989
128,956
26,489
21*,308
39,728
33,628
124,473
12,479
198,*3*
36,729
40,982
105,005
15,314
186,672
43,608
48, 154
79,951
14,959
116,247
14,889
22,475
65,268
13,615
1*4,72*
18,565
22,837
54,136
9,182
91,667
15,297
15,835
49,005
11,530
Losses And depreciation
On loans..
On securities
On banking house and equipment
All other
38*,179
108,137
179,566
37,983
54,493
355, MS
90,408
163,958
45,473
55,830
317,525
83,590
137,731
47,573
48,631
225,898
66,983
109,002
27,855
22,058
221,77*
58, 165
107,904
28,282
27,425
2*1,247
51,868
92,095
33,796
23,488
154,281
41,154
70,564
10,128
32,435
133,893
32,243
56,054
17,191
28,405
116,278
31,722
45,636
13,777
25,143
Net profits _
347,477
34$, 1*$
389,7(3
250,702
240,689
268,499
96,775
1*8,420
121,264
Cash dividends declared
On preferred stock 1
On common stock
2*7, IK
13,679
193,347
21*, 48*
12,728
197,752
21*, CIS
12,745
197,873
13*,846
8,905
121,941
132,996
8,117
124,879
132,296
7,811
124,485
76,18*
4,774
•71,406
77,484
4,611
72,873
78,322
4,934
73,388
13,366,000
19,391,000
1,384,000
17,674,000
14,298,000
20,623,000
1,303,000
21,484,000
16,699,000
23,747,000
1,229,000
23,062,000
8,647,000
12,526,000
818,000
11,121,000
9,305,000
13,020,000
783,000
13,592,000
10,895,000
14,789,000
748,000
14,782,000
4,719,000
6,866,000
567,000
6,553,000
4,992,000
7,603,000
520,000
7,892,000
5,804,000
8,959,000
480,000
8,280,000
Total assets
52,129,000
58,025,000
65,044,000
33,278,000
36,852,000
41,373,000
18,851,000
21,173,000
23,671,000
Time deposits
Total deposits
„_„_____
Total capital accounts
11,685,000
46,135,000
5,488,000
12,055,000
51,919,000
5,597,000
12,458,000
58,717,000
5,798,000
8,109,000
29,603,000
3,373,000
8,296,000
33,075,000
3,456,000
8,456,000
37,438,000
3,588,000
3,575,000
16,532,000
2,115,000
3,759,000
18,844,000
2,141,000
4,002,000
21,279,000
2,209,000
34,172
158,137
35,369
163,783
36,476
176,466
25,617
99,243
26,109
103,676
26,571
112,753
8,555
58,894
9,260
60,107
9,905
63,713
6,362
6,486
6.619
5,187
5,144
5,117
1,175
1,342
1,502
"Reftoveriefj on Inana
Recoveries on securities
Profits on securities sold
All other
Asset and liability items3
Loans
Securities. .
Real estate assets
Cash assets .
._
....
....
Number of officers (December 31)
N u mber of c in ployees ( Dece mber 3 1 ) Number of banks (December 31)
For footnote see opposite page.
._....„..
'
H0.5J-MEMBER BANK EARNINGS, EXPENSES, AND DIVIDENDS, BY CUSS OF BANK, 193), 1941, AND 1941-Continued
[Amounts in thousands of dollars]
Central reserve city member banks
Item
Country member banks
Reserve city member banks
Chicago
New York
1939
1940
1941
1939
1940
1941
68,616
21,706
30,433
2,052
350
8,804
861
4,002
408
475,068
213,848
159,723
11,472
2,657
29,475
20,486
30,699
6,708
486,294
226,525
155,000
12,824
2,584
31,473
22,045
29,903
5,940
522,518
255,132
156,494
14,849
2,410
32,185
24,215
30,335
6,898
505,059
249,570
160,981
12,665
458
16,213
26,297
34,097
4,778
514,739
269,960
147,139
13,151
357
16,735
28,726
33,803
4,868
549,118
297,141
147,893
15,033
337
17,706
31,688
34,015
5,305
41,908
5,921
13,173
75
4,946
45,978
6,139
13,797
102
4,918
976
3,240
12,306
978
3,612
13,203
1,067
5,395
14,560
331,435
47,760
96,329
1,669
59,951
23
12,055
20,651
92,997
340,646
49, 145
99,210
1,612
54,832
19
11,857
28,013
95,958
366,192
51,509
107,767
1,662
51,718
12
10,616
39,493
103,415
357,703
70,898
69,329
4,956
89,461
136
14,827
18,452
89,644
368,027
74,313
73,244
5,120
83,775
96
14,736
23,679
93,064
391,939
79,351
80,530
5,464
79,632
84
14,176
31,388
.101,314
92,806
20,718
20,572
22,638
143,633
145,648
156,326
147,356
146,712
157,179
68,330
12,778
17,112
35,037
3,403
17,273
4,032
758
11,110
1,373
24,490
5,210
4,429
12,560
2,291
20,383
3,974
3,239
11,397
1,773
119,451
13,952
23,283
73,154
9,062
107,929
15,506
25,735
57,880
8,808
96,504
20,307
22,913
43,177
10,107
107,065
18,802
20,051
60,405
7,807
96,154
20,112
18,857
47,455
9,730
93,122
21,846
20,725
39,345
11,206
80,438
18,440
44,259
10,865
6,874
63,005
16,795
32,653
7,207
6,350
10,254
3,001
5,153
761
1,339
13,134
2,834
6,661
" 828
2,811
14,057
2,791
8,539
786
1,941
136,839
42,342
61,496
13,723
19,278
118,511
31,266
52,896
15,367
18,982
112,961
30,133
45,887
18,435
18,506
136,152
36,184
64,780
16,026
19,162
143,586
37,868
60,142
18,413
27,163
127,502
33,871
50,652
21,145
21,834
1941
1939
1940
1941
Earnings
Interest and discount on loans
Interest and dividends on securities
Collection charges, commissions, fees, etc.,.
Foreign department,. ,
Trust department
Service charges on deposit accounts
Rent received
Other current earnings. _
253,682
80,701
93,763
5,802
8,493
36,513
6,779
14,297
7,334
359,53*
81,921
99,555
5,328
8,108
35,386
7,672
13,712
7,854
276,614
91,173
110,461
5,865
6,178
34,421
8,105
13,718
6,693
63,047
16,341
29,678
2,060
176
8,808
879
3,905
200
62,480
17,005
29,539
1,989
298
8,726
819
3,900
204
Expenses.. _
Salaries— officers
Salaries and wages—other
Directors' and committee members' fees...
Interest on time deposits
Interest on borrowed money
Real estate taxes
Other taxes
,
Other current expenses
164,288
25,719
58,905
837
3,943
6
7,017
8,212
58,649
170,440
26,087
59,207
883
3,917
9
6,904
10,623
62,810
183,808
26,265
60,545
941
3,662
28
6,844
19,988
65,535
41,329
5,767
13,225
76
5,739
Net current earnings
89,391
89,096
Recoveries, profits on securities, etc. . _ ...
Recoveries on loans
Recoveries on securities
Profits on securities sold
All other
82,766
17,831
12,011
45,072
7,852
74,177
14,466
14,798
41,246
3,667
Losses and depreciation
On loans
On securities.... ._.
On banking house and equipment
All other
96,934
26,610
48,137
7,473
14,714
1940
1939
^
75,226
83,835
98,131
27,737
31,928
28,964
126,245
135,066
139,869
118,269
99,280
122,799
74,810
938
73,902
69,974
895
69,079
69,002
886
68,116
9,478
985
8,493
12,582
22
12,560
10,735
64
10,671
70,935
4,737
66,198
73,299
5,349
67,950
73,704
5, 184
68,520
51,773
7,019
44,754
54,625
6,462
48, 163
57,177
6,611
50,566
3,150,000
5,613,000
258,000
6,037,000
3,226,000
6,692,000
242,000
7,521,000
3,735,000
8,450,000
235,000
7,223,000
552,000
1,476,000
27,000
1-294,000
608,000
1,619,000
25,000
1,458,000
839,000
1,774,000
23,000
1,529,000
5,072,000
6,765,000
535,000
6,070,000
5,482,000
6,917,000
504,000
7,387,000
6,512,000
7,579,000
474,000
8,378,000
4,592,000
5,537,000
564,000
4,273,000
4,981,000
5,394,000
532,000
5,118,000
5,613,000
5,944,000
498,000
5,932,000
Total assets
15,194,000
17,798,000
19,757,000
3,367,000
3,728,000
4,182,000
18,549,000
20,390,000
23,044,000
15,019,000
16,108,000
18,061,000
Time deposits. ...
Total deposits
Total capital accounts...
720,000
13,284,000
1,590,000
779,000
15,884,000
1,602,000
828,000
17,825,000
1,629,000
480,000
3,091,000
262,000
503,000
3,454,000
258,000
496,000
3,888,000
277,000
4,674,000
16,624,000
1,807,000
4,772,000
18,407,000
1,860,000
4,895,000
20,965,000
1,935,000
5,811,000
13,135,000
1,829,000
6,002,000
14,174,000
1,878,000
6,240,000
16,039,000
1,956,000
2,312
34,145
2,350
33,780
2,399
34,324
528
7,594
542
7,651
549
8,482
7,754
62,052
8,010
64,428
8,263
70,673
23,578
54,346
24,467
57,924
25,265
62,987
36
36
14
13
13
346
348
351
5,966
6,089
6,219
Net profits
__
Cash dividends declared..
On preferred stock1.
On common stock. .. .
Asset and liability items 2
Loans..
.
Securities
Real estate assets -, . .
Cash assets
Number of officers (December 31)
Number of employees (December 31)
.
..
Number of banks (December 31)
^
36
1
Includes interest on capital notes and debentures.
2
Average of call report figures; see introductory text, p. 259.
NO. M-MEMBER BANK EARNINGS RATIOS, BY CUSS OF BANK, ISIS, 1S49, AND 1141
[Computed from aggregate dollar amounts in preceding table; ratios in per cent]
Central reserve city member banks
!
All member banks
Item
Chicago
New York
1939
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on securities
Other current earnings
Total earnings _.,.,_
__„__„_______
;
1940
1941 1939
43.3
34.3
22.4
100.0
45.0 47.0 45.6
47.6 49.4 38.8
32.6 31.4
32.7
35.1 32.9 31.6
22.4 21.6 19.3
19.5 19.0
28.5
100.0 100.0
100.0
100.0 100.0 100.0
1940
1941 1939
1940
1941 1939
1940 1941
40.2 42.3
31.8
32.1 31.2
37.0
27.7 26.5 31.2
100.0
100.0 100.0
33.4
1.6
28.8
64.8
1939
26.3
31.6 32.9
47.8
38.4 40.0
25.9
30.0 27.1
100.0 100.0100.0
1940
1941 1939
27.2 31.6
45.0
47.3 44.4 33.6
21.4
25.5 24.0
100.0
100.0 100.0
8.1
.9
7.2
8.1
1.6
6.5
7.8
2.5
5.3
8.0
1.7
6.3
3.9
3.9
3.9
3.8
2.8
2,9
2.9
17
16
1.1
1.1
6
5
+.3 . + .2
9
7
26
1.8
8
.1
7
2,4
1.7
7
7
23
1.6
7
1
6
34
2.4
10
.2
.
4.2
4.1
3.9
5.4
5.4
.3
.6
.4
.8
.4
.8
.4
.6
2.7
3.7
3.8
3.8
5.0
5.0
5.1
1.8
1.7
2.4
2.2
2.1
2.9
2.7
2.5
.3
.8
,4
.2
.6
.5
.3
1.1
.9
.4
.8
.8
.3
.6
.6
.4
1.1
1.2
.3
.9
1.1
.3
.7
.9
2.5
2.1
2.9
2.6
2.3
3.2
2.8
2.6
1.2
15,5
1.0
1.0
14.6 12.8
1.3
2SJ
1.1
25.9
15.8 13.1
12.7
11.5 10.5
14.6
14.4 13.3
17.1
17.2 16.2
18.1 18.9
37.6 42.8
42.3 36.6
16.4
43.8
38.4
16.3 20.1
27.3
43.4 42.4 36.5
32.7
39.1 36.6
26.9 28.3
33.9 32.9
36.2 36.4
30.6
36.9
28.5
30.9 31.1
33.5 32.9
31.8 32.8
7.9
.5
7.4
7.7
.7
7.0
7.9
.4
7.5
6.4
1.8
4.6
6.4
1.3
5.1
6.6
1.1
5.5
5.6
.9
4.7
5.6
.4
5.2
5.7
+.3
6.0
3.8
3.8
3.6
3.9
3.8
3.7
3.6
3.6
3,5
4.7
4.4
4.2
3.6
2.5
1.7
.8
.1
.7
2.3
1.6
.7
.1
.6
2.2
1.5
.7
.1
.6
2.5
1.7
8
2.3
1.6
7
2.2
1.5
7
14
.9
5
.6
2.1
1.5
6
.1
5
15
1.0
5
.7
2.2
1.5
7
.2
5
17
1.1
6
.8
2.4
1.7
7
.2
5
5
5
5
18
1.2
6
+ .2
8
4.2
4.2
4.0
4.5
4.4
4.2
3.7
3.7
3.6
2.6
2.5
2.4
3.0
2.8
2.6
.4
.8
.4
.6
.4
.5
.5
.8
.4
.6
.4
.5
.3
.9
.4
.6
.3
.5
.6
.8
.4
.6
.3
.4
.7
.5
.9
.5
.5
.3
3.8
4.0
3.8
4.2
4,2
4.1
3.1
3.5
3.3
2.4
2.3
2.3
3.2
3.2
2.3
2.1
1.9
2.4
2,2
2.0
2.1
1.9
1.7
1.7
1.5
1.3
2.0
.3
1.0
.9
.3
.8
.8
.3
.5
.8
.3
1.0
.9
.3
.8
.8
.3
.5
.6
.3
1.0
1.0
.3
.7
.7
.2
.5
.5
.2
.8
.9
.2
.6
.7
.2
.4
.4
.1
.8
.3
2.7
2.4
2.1
2.8
2.5
2.2
2.4
2.2
1.9
1.8
1.6
1.5
2.5
1.2
1.1
1.4
23.2 21.2 ! 27.4
L3
1.2
25.1 22.6
1.3
21.6
1.1
1.0
19.9 18.8
.5
5.4
.5
4.9
.4
4.6
16.1
15.5 13.0
15.0 13.6
17.4
16.3 14.5
17.6
25 6
37 2
33.0
24 6 25.7 ' 26.0
35 5 36 5
37.6
37.0 35.5
33.4
25.2 26.3
35.3 35.7
36.9 35.7
25.0
36.4
34.8
23.6 24.5
35.9 37.8
37.3 35.0
20.7
36.9
39.7
Ration to loans:
Interest and discount on loans
Recoveries on loans
Looses on loans
Net return on loans..... ,„...,. . . . . . _ _ _ _ _ _ _ _ ^
Ratios to securities:
Interest and dividends on securities
. _.
Recoveries on securities, . . . . „ .
Profits on securities sold
Losses on securities
........
__ _„
j
Net return on securities, . . . . . . „ . , „ _ _ _ _ _ _ _ _ . ,
Other ratios:
Interest on time deposits to time deposits. „
Time deposits to total deposits „ . _ „ . _ _ _ _ _ _ , .
Total capital accounts to loans, securities,
and real instate assets
a
Loans to total asst ts
Cash assets to total assets
1.4
25.3
1
A plus indicates net reeovmi'.s, «tc.
• Includes interest on capital notes and debentures.
15,3
§2
5.3
.3
.8
7.4
.7
6.7
Ratios to total assets:
Total earnings
Total expenses
Net current earnings
Net charge-offs l
Net profits
54.1
26.9
19.0
100.0
7.8
.5
7.3
7.2
1.0
6.2
4.9
30.5 30.5
11.3 9.9
28.2 29.7
70.0 70.1
52.4
28.6
19.0
100.0
8.0
1.0
7.0
7.3
1.0
6.3
31.6 31.3
9.2
8.4
29.3 30.8
70.1 70.5
49.4
46.6 48.8
31.9 30.0
31.9
21.5 21.2
18.7
100.0 100.0100.0
1940 1941
7.9
8.0
8.2
+2.7 +4.4 +2.3
10.6
12.4 10.5
Ratios to total capital accounts:
Net current earnings_.,__.,_ = __., _ _ _ _ _ _ _ _ _
Net charge-offs * - _
Net profits
29,5 29.4 31.5
12,2 10.7
10.1
27.6 29.2 28.4
69.3 69.3
70.0
1939
30.3
12.6
26.8
69.7
30.6
9.3
26.7
66.6
29.9
12.3
26. 8
69.0
29.1
13.4
26.0
68.5
1940 1941
Country member banks
30.6 29.0
7.9
7.2
28.6 30.8
67.1 67.0
32.9 31.4
1.5
1.3
31.3 33.7
65.7 66.4
Salaries and wages
Interest on time deposits
Other current expenses. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _„.
Total expenses.-
Cash dividends declared2
30.3 30.0
11.1 9.9
28.2 29.8
6§.6 69.7
Reserve city member
banks
National member banks State member banks
.
.3.5
27.8
17.7
25.3
70.8
1.5
1.1
23.3 44.2
28.7 29.1
16.3 14.5
26.5 27.8
71.5 71.4
32
30
2.3
2.2
9
.9
.3
.2
8
6
7
1.4
1.3
42.3 38.9
^
B
^
o
>
%
u
g
o
3
NO. SI-MEMBER BANK EARNINGS, EXPENSES, AND DIVIDENDS, BY CLASS OF BANK AND BY FEDERAL RESERVE DISTRICTS, 1941
[Amounts in thousands of dollars]
All member banks, by Federal Reserve districts
Item
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis Kansas City
Dallas
San Francisco
Earnings
Interest and discount on loans
Interest and dividends on securities
Collection charges, commissions, fees, etc.__
Foreign department
Trust department
. -Service charges on deposit accounts^. .
Rent received ________
Other current earnings
85,214
40,822
22,668
1,015
765
7,443
4,399
5,610
2,492
393,406
147,899
145,946
7,596
6,282
38,822
15,505
22,427
7,929
108,438
45,660
40,297
1,092
351
10,224
2,869
7,171
774
136,487
57,265
44,518
2,036
219
7,665
5,230
8,299
1,255
65,173
35,669
17,346
1,895
32
3,030
3,366
3,398
437
61,816
33,212
14,858
3,269
162
2,348
3,234
4,312
421
183,699
76,934
66,666
6,481
533
11,547
9,849
9,926
1,763
51,168
27,441
14,231
2,293
33
1,508
2,095
2,397
1,170
38,570
19,358
10,266
3,455
32
1,139
1,770
1,821
729
57,647
32,813
12,946
1,503
6
1,599
4,031
4,189
560
53,716
33,067
10,350
1,618
8
799
3,109
4,395
370
193,533
115,012
45,189
5,546
852
6,992
9,412
8,125
1,404
Expenses
Salaries — officers . ..
Salaries and wages—other _ _ _ _
.
Directors' and committee members' fees__._
Interest on time deposits
Interest on borrowed money
Real estate taxes
Other taxes
Other current expenses
59,515
10,464
15,629
723
8,035
4
2,429
4,862
. 17,369
267,978
40,997
80,605
2,032
19,596
44
11,240
23,603
89,861
73,768
11,239
17,595
1,172
13,129
8
2,731
7,483
19,411
89,643
12,978
21,586
716
17,028
10
2,448
12,431
22,446
46,841
8,219
10,895
497
9,121
2
1,173
4,838
12,096
42,918
7,410
10,102
358
5,570
11
1,785
4,471
13,211
130,519
20,978
35,268
821
21,304
11
2,967
11,554
37,616
36,057
7,051
8,446
359
5,088
3
1,010
3,657
10,443
37,606
5,952
6,052
311
4,450
3
728
2,060
8,050
39,972
9,526
9,034
363
3,858
14
1,083
3,928
12,166
37,367
8,621
8,098
347
2,552
13
2,245
4,543
10,948
136,733
19.829
39,329
470
30,199
1
2,864
12,834
31,207
35,699
131,438
35,670
36,844
18,333
18,898
53,180
15,111
10,964
17,675
16,349
55, 799 '
13,870
2,942
2,708
6,697
1,523
96,099
17,551
22,452
50, 144
5,952
30,500
3,070
4,409
9,918
3,103
23,157
4,374
5,824
9,614
2,345
11,915
2,105
4,043
4,236
1,531
9,407
1,451
2,257
4,779
920
43,034
7,630
8,772
21,394
5,238
8,974
1,700
2,824
3,343
1,107
6,923
2,460
1,893
1,682
888
10,888
3,039
3,736
3,030
1,083
6,905
2,873
1,023
1,953
1,056
27,667
9,710
4,048
12,166
1,743
18,928
6,582
6,927
2,765
2,654
100,538
27,446
48,305
11,184
13,593
44,003
13,340
14,993
4,750
10,920
37,498
4,653
13,561
5,333
3,951
13,288
1,867
6,659
2,293
1,469
10,607
2,409
4,442
1,877
1,879
31,817
5,496
18,092
3,974
4,255
9,559
1,842
5,089
1,406
1,222
6,631
1,340
2,908
1,433
950
10,447
2,484
4,684
2,329
950
8,373
2,715
2,236
2,324
998
36,946
13,416
9,835
7,905
5,790
30,611
119,999
13,167
31,503
17,959
17,698
64,397
14,536
1.1,256
18,116
14,981
46,530
14,337
1,422
12,905
8,430
410
8,010
7,091
614
6,477
21,081
1,786
19,295
6,704
352
6,352
4,414
176
4,238
7,420
216
7,204
7,606
281
7,325
34,813
2,473
22,339
Net current earnings
_ ______
Recoveries, profits on securities, etc.
Recoveries on loans
Recoveries on securities.
Profits on securities sold
Allother
„_______
Losses and depreciation
_
._
On loans
On securities
On banking house and equipment
All other
„___,__
Net profits
Cash dividends declared^
On preferred stock l . _
On common stock
13,697
588
12,109
78,811
3,346
75,465
17,335
1,081
16,154
Asset and liability items 2
Loans
--_
Securities
Real estate assets
Cash assets
_
1,136,000
1,035,000
81,000
1,363,000
4,916,000
10,034,000
373,000
8,335,000
1,085,000
1,461,000
148,000
1,368,000
1,340,000
1,879,000
125,000
1,822,000
760,000
777,000
64,000
1,078,000
714,000
625,000
59,000
935,000
2,046,000
3,598,000
93,000
3,329,000
676,000
686,000
36,000
811,000
449,000
429,000
23,000
474,000
689,000
601,000
31,000
959,000
602,000
483,000
47,000
902,000
2,285,000
2,138,000
150,000
1,686,000
3,634,000
23,816,000
4,083,000
5,182,000
2,686,000
2,347,000
9,096,000
2,214,000
1,381,000
2,284,000
2,037,000
6,283,000
318,000
2,079,000
200,000
240,000
1,849,000
181,000
2,372,000
5,730,000
502,000
Total assets... _ _
-
.
__- -
________
Time deposits -._
___-..__.
Total deposits
Total capital accounts.
.-. _ .
Number of officers (December 3I)__
Number of employees (December 31}
Number .of banks (December 31 ) _ _
For footnotes see end of table, p. 271.
645,000
3,207,000
398,000
2,441,000
21,448,000
2,048,000
1,103,000
3,577,000
484,000
1,468,000
4,570,000
588,000
622,000
2,442,000
234,000
432,000
2,136,000
199,000
2,017,000
8,404,000
660,000
432,000
2,026,000
181,000
368,000
1,248,000
124,000
2,057
^0,745
6,074
48,759
2,794
12,134
3,087
14,058
2,112
8,089
1,811
7,835
4,510
24,198
2,030
6,695
1,862
4,757
2,997
7,062
2.611
6,191
4,531
25,943
347
797
659
673
447
317
899
437
452
741
573
277
w
>
z
W
§
HO. SI-MEMBER BANK EARNINGS, EXPENSES, AND DIVIDENDS, BY CLASS OF BANK AND BY FEDERAL RESERVE DISTRICTS, 1941-Continued
[Amounts in thousands of dollars]
Reserve city banks,3 by Federal Reserve districts
Item
Boston
New York
Philadelphia j Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis Kansas City
Dallas
San Francisco
Kar^ing*
Interest and discount on loans
Interest and dividends on securities
Collection charges, commissions, fees, etc...
Foreign department
Trust department
.Service charges on deposit accounts.
....
Rent received
Other current earnings. .......... ..... _
31,934
14,537
7,785
458
656
3,761
1,085
1,595
2,057
13,753
5,661
3,911
184
42
465
804
1,578
108
44,862
14,861
18,783
393
337
6,978
944
2,256
310
70.5M
27,260
27,553
1,277
185
6,124
2,537
4,739
825
27,124
11,683
9,642
730
30
1,835
1,343
1,715
146
31,282
15,937
7,100
1,581
67
1,609
1,329
2,492
167
50,679
21,487
18,259
2,294
176
1,009
4,412
2,341
701
25,604
12,548
7,759
1,231
33
1,215
731
1,173
914
13,304
6,249
3,799
1,224
31
915
412
614
60
28,345
14,792
7,104
371
6
1,362
1,662
2,682
366
24,404
14,120
5,111
520
5
655
1,057
2,765
171
163,727
95,997
39,688
4,586
842
6,257
7,899
6,385
1,073
Expenses
20,210
3,469
6,361
113
799
1
736
1,984
6,747
9,079
1,176
2,827
48
1,156
49,852
5,806
14,012
192
6,936
19,301
,. 3,100
5,403
161
2,601
20,637
2,877
5,246
134
1,844
899
2,600
7,036
199
863
3,231
19,982
3,297
5,590
111
1,270
4
520
2,180
7,010
115,350
15,577
34,633
291
25,519
569
2,039
5,428
18,086
2,965
5,244
100
1,512
1
493
1,903
5,868
17,394
2,870
4,310
80
1,203
1,394
8,094
13,418
37,933
5,022
11,769
188
6,444
' 4
740
2,587
11,179
9,442
1,411
2,942
39
757
691
210
2,971
28,926
3,939
9,430
205
1,677
1
868
3,602
9,204
1,112
2,616
5,203
2,395
10,815
26,120
W
>
2
3
S
.3
f-\
*
>
^
Salaries— officers
Salaries and wages— other _ . .....
Directors' and committee members' fees,.._
Interest on time deposits
.,
Interest on borrowed money
Real estate taxes
Other taxes
Other current expenses.., ,
11,724
3,674
15,936
20,648
7,823
9,645
12,746
7,518
3,862
8,363
7,010
«,377
°
Recoveries, profits on securities, etc.
Recoveries on loans.
Recoveries on securities. ... _.,_
Profits on securities sold
All other
3,380
718
303
2,211
148
3,142
439
343
2,052
308
10,594
1,904
1,575
4,939
2,176
13,867
2,049
3,999
6,467
1,352
7,009
676
3,191
2,683
459
3,623
66S
473
2,052
430
11,199
1,245
3,227
4,943
1,784
5,473
926
1,870
2,186
491
2,839
917
850
562
510
6,917
963
3,026
2,365
563
3,630
1,180
516
1,369
565
24,831
8,622
3,540
11,348
1,321
5
^
M
£
S
H
Losses and depreciation
On loans
..
On securities
On banking house and equipment
All other
5,825
3,246
1,299
855
425
5,541
1,907
2,494
354
786
17,397
5,216
5,573
1,107
5,501
15,380
2,317
7,910
2,818
2,335
7,108
429
5,103
961
615
4,572
1,337
1,240
950
1,045
7,030
804
4,022
1,189
1,015
5,488
891
3,341
579
677
1,960
287
1,139
366
168
6,300
846
3,799
1,156
499
3,912
1,029
1,209
1,177
497
32,448
11,824
8,758
6,923
4,943
&
Kj
a
3
£
Net profits
9,279
1,275
9,133
19,135
7,724
8,696
16,915
7,503
4,741
8,980
6,728
39,760
ij
Cash dividends declared
On preferred stock1
On common stock
6,816
36
6,810
1,073
153
920
9,528
109
9,419
9,101
836
8,265
4,029
169
3,860
3,811
408
3,403
4,706
820
3,886
3,927
116
3,811
1,676
32
1,644
3,325
120
3,205
3,536
152
3,384
22,146
2,233
19,913
H
H
CQ
538,000
367,000
29,000
745,000
136,000
175,000
23,000
128,000
465,000
707,000
54,000
819,000
793,000
1,264,000
72,000
1,263,000
302,000
472,000
32,000
574,000
407,000
327,000
32,000
495,000
565,000
1,045,000
28,000
1,038,000
398,000
436,000
19,000
509,000
200,000
181,000
10,000
232,000
416,000
398,000
18,000
650,000
330,000
280,000
29,000
516,000
1,964,000
1,924,000
129,000
1,408,000
1,692,000
460,000
2,063,000
3,404,000
1,384,000
1,270,000
2,685,000
1,366,000
626,000
1,486, OOP
1,157,000
5,447,000
81,000
1,497,000
176,000
148,000
421,000
43,000
222,000
1,858,000
188,000
733,000
3,009,000
376,000
233,000
1,278,000
102,000
180,000
1,165,000
97,000
682,000
2,497,000
178,000
175,000
1,265,000
96,000
84,000
568,000
51,000
157,000
1,370,000
112,000
133,000
1,063,000
90,000
2,067,000
4,975,000
426,000
,
i
443
4,212
174
1,910
430
5,983
683
8,151
453
3,736
457
3,942
755
7,879
459
3,827
200
2,033
537
3,912
434
2,803
3,238
22,285
_„..„.... .11
11
11
24
33
21
65
24
9
50
36
31
Net current earnings
Asset and liability items 2
Loans
Securities ., _ „ „ _ . . „ « .
Real estate assets
Cash assets
_ . _ .„.._„„„._ „„
Total assets......
„ «,
.._........
Time deposits
________________________
Total deposits
Total capital accounts... _ „ _ _
Number of officers (I5ecember 31) _ . _ _ _ , ,
Number of employees (December 31 )
Number of banks (December 31).
For footnotes see opposite page.
36 i
NO. 61-MEMBER BANK EARNINGS, EXPENSES, AND DIVIDENDS, BY CLASS OF BANK AND BY FEDERAL RESERVE DISTRICTS, 1$41-Continued
[Amounts in thousands of dollars]
Country banks, by Federal Reserve districts
Item
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis Kansas City
237
2,369
1,507
194
29,805
19,015
5,501
960
10
735
1,513
1,740
331
18,164
4,541
3,110
272
3,693
3
529
1,197
4,819
19,990
6,229
3,444
252
2,588
10
563
1,748
5,156
19,973
5,751
3,788
267
1,349
13
1,133
1,927
5,745
21,383
4,252
4,696
179
4,680
1
469
2,019
5,087,
7,593
7,102
9,312
9,339
8,422
3,501
774
954
1,157
616
4,084
1,543
1,043
1,120
378
3,971
2,076
710
665
528
3,275
1,693
507
584
491
2,836
1,088
508
818
422
4,071
951
1,748
827
545
4,671
1,053
1,769
1,067
782
4,147
1,638
885
1,173
451
4,361
1,686
1,027
1,147
501
4,498
1,592
1,077
982
847
38,049
23,986
7,704
1,165
2
1,195
2,023
1,683
291
31,534
17,275
7,758
1,688
95
739
1,905
1,820
254
64,404
33,74117,974
2,135
7
1,734
4,576
3,583
654
25,564
14,893
6,472
1,062
39,791
7,172
7,574
524
10,092
10
1,054
4,337
9,028
27,540
5,119
5,492
336
6,520
2
604
2,799
6,668
22,281
4,533
4,856
224
3,726
10
886
1,871
6,175
19,734
16,196
10,509
9,906
1,166
2,834
4,979
927
8,290
2,325
1,825
3,147
993
4,906
1,429
852
1,553
1,072
26,606
8,124
9,420
3,643
. 5,419
12,118
2,336
5,651
2,515
1,616
5,180
1,438
1,556
1,332
854
20,593
3,034
12,368
8,736
2,307
6,429
7,707
972
6,735
5,226
586
4,640
598,000
668,000
52,000
618,000
1,045,000
1,409,000
116,000
983,000
620,000
754,000
94,000
548,000
Total assets
1,942,000
3,593,000
Time deposits.. Total deposits
Total capital accounts
564,000
1,710,000
222,000
1,465,000
3,202,000
375,000
1,614
6,533
3,501
12,525
53,280
26,285
14,883
557
109
3,682
3,314
4,015
435
103,039
51,065
31,574
1,547
62
3,936
6,596
7,131
1,128
63,576
30,799
21,514
699
14
3,246
1,925
4,915
464
Expenses. _
..
Salaries—officers __
. .
Salaries and wages— other .
Directors' and committee members' fees
Interest on time deposits
Interest on borrowed money
Real estate taxes.
Other taxes
Other current expenses
39,305
6,995
9,268
610
7,236
3
1,693
2,878
10,622
75,091
13,556
17,233
1,043
14,778
16
3,705
3,405
21,355
43,842
7,300
8,165
967
11,452
7
1,863
3,881
10,207
Net current earnings _
13,975
27,948
Recoveries, profits on securities, etc.
10,490
2,224
2,405
4,486
1,375
24, €27
4,334
' 4,997
13,055
2,241
13,103
3,336
5,628
1,910
2,229
31,982
8,744
13,158
3,623
6,457
11,362
5,851
552
5,299
Recoveries on loans
Recoveries on securities
Profits on securities sold. .
Allother
..
.. ...
Losses and depreciation..
On loans
On securities. _. . . .
On banking house and equipment
Allother
Net profits
Cash dividends declared
On preferred stock l
On common stock
Asset and liability items2
Loans
Securities
Real estate assets
Cosh assets
. ..
Number of officers (December 31)
Number of employees (December 31)
._
29,302
18,021
5,842
1,132
293
1,364
1,224
256
25,266
13,109
6,467
2,231
1
224
1,358
1,207
669
46,608
9,817
9,702
531
9,942
7
1,160
3,572
11,877
17,971
4,086
3,202
259
3,576
2
517
1,754
4.575
9,253
17,796
5,784
783
1,784
2,727
490
11,452
2,411
2,306
5,054
1,681
6,035
1,072
3,202
927
834
10,730
1,901
5,531
1,999
1,299
10,235
9,002
18,518
7,023
6,515
9,136
8,253
6,760
4,391
241
4,150
3,280
206
3,074
5,640
902
4,738
2,777
236
2,541
3,738
144
2,594
4,095
96
3,999
4,070
129
3,941
2,666
240
2,426
548,000
615,000
52,000
560,000
457,000
305,000
32,000
504,000
308,000
298,000
27,000
440,000
642,000
779,000
42,000
763,000
279,000
250,000
17,000
302,000
249,000
248,000
14,000
241,000
273,000
203,000
13,000
308,000
272,000
203,000
17,000
386,000
322,000
214,000
21,000
278,000
2,021,000
1,778,000
1,302,000
1,077,000
2,230,000
848,000
755,000
798,000
880,000
836,000
881,000
1,720,000
296,000
736,000
1,561,000
212,000
389,000
1,164,000
132,000
252,000
972,000
102,000
839,000
2,019,000
205,000
257,000
761,000
85,000
• 284,000
680,000
73,000
161,000
709,000
87,000
106,000
787,000
92,000
305,000
755,000,
76,000
2,364
6,151
2,404
5,907
1,659
4,353
1,354
3,893
3,206
7,837
1,571
2,868
1,662
2,724
2,460
3,150
2,177
3,388
1,293
3,658
640
411
296
821
413
443
691
537
246
635
336
750
Number of banks (December 31).
.
1
Includes interest on capital notes and debentures.
2
Average of call report figures; see introductory text, p. 259.
3
Not including central reserve city banks, figures for which are shown in Table 59.
Saji Francisco
29,312
18,947
5,239
1,098
3
144
2,052
1,630
199
55,987
30,005
16,965
759
34
1,541
2,693
3,560
430
Earnings
Interest and discount on loans
Interest and dividends on securitiesCollection charges, commissions, fees, etc...
Foreign department
Trust department
Service charges on deposit accounts
Rent received
Other current earnings
Dallas
.
'
O
CO
NO. 62-MEMBER BANK EARNINGS RATIOS, BY CLASS OF BANK AND BY FEDERAL RESERVE DISTRICTS, 1941
[Computed from aggregate dollar amounts in preceding table; ratios in per cent]
All member banks, by Federal Reserve districts
Item
Bcston
Ratios to total earnings:
Interest and discount on loans__
Interest and dividends on securities
Other current earnings
Total earnings
Salaries and wages
Interest o n time deposits. _ _ _ _ _ _ _ _ _ _
Other current expenses
Total expenses . _ _ _ _ . , _ „ _ _ _ _ . _
_.
___
_______
1
.__ _
Richmond
Atlanta
Chicago
9
6
5
0
37
37
25
100
7
2
1
0
42
37
20
100
1
2
7
0
45
35
19
100
3
2
5
0
54
28
18
100
7
6
7
0
53
24
9
2
100
7
0
3
0
41
36
21
100
9
3
8
0
53
27
18
100
6
8
6
0
30
9
29
60
6
4
8
8
31
5
32
68
0
0
3
3
26
12
28
67
6
1
4
1
27
13
30
70
3
5
1
9
29
14
28
71
3
0
6
9
28
9
32
69
3
0
1
4
30
11
28
71
6
6
8
0
30
10
30
70
3
0
2
5
__
.___ ,
Ratios to loans:
Interest and discount on loans
___„..,.__.,
Recoveries on securities. _ _ _ _ . , _ _ . _
Profits on securities sold
Losses on securities . _ _ „ . - _ _
Net return on securities., „..„„„ . _.
81
+1 7
98
83
8 9
38
36
2 4
3 6
3 6
32
1 6
11
2 7
18
2 4
1 7
2 4
17
2 6
18
2 0
14
5
9
.6
3
7
.1
6
2
5
__ _. ,_ . _ . , _ „
_„„„
________
Other ratios:
Interest on time deposits to time deposits
Tinie deposits to total deposits
_____ _
. ___„
7
1
6
7
I
6
7
g
1
8
50
26
23
100
2
6
2
0
56
22
20
100
9
5
6
0
61 5
19 3
19 2
100 0
59 7
23 5
16 8
100 0
31
11
28
71
1
6
9
6
32
6
30
69
2
7
4
3
31
4
33
69
30
15
24
71
1
8
7
6
7
7
6
0
88
9 0
9 1
83
11 1
18
9 3
37
36
3 7
4 2
4 9
2 3
1 6
2 g
2 0
2 5
2 6
1 8
3 1
2 2
88
+
9
o
_j_
9
g
8
18
8
7
8
8
g
1
7
7
..
.__ .......
„ -
Q
1
7
4 3
4 7
4 7
38
4 1
4 3
4 8
55
5 0
3
3
2
3
4
3
3
3
5
g
4
5
4
1 2
3
3
2 8
33
4 3
4 7
4 5
39
4 0
4
C
4 8
5
15
2 8
2 4
2 2
2 4
19
2 1
2 4
2 2
2 i
2 i
.3
6
.7
2
5
5
3
7
10
3
5
7
5
5
9
4
3
7
2
Q
5
4
5
7
4
4
7
g
g
g
2
£
5
2
g
2 4
1 7
2 7
2 5
2 4
28
2 2
2 2
2 5
2 5
2 3
2 4
1 2
20 I
§
1 2
30 8
12
32 1
1 5
25 5
1 3
20 2
11
24 0
1 2
21 3
12
29 5
12
15 3
j i
11 4
to n
1 3
di d
4
6
•
2 •
17.7
13.4
18.0
17.6
14.6
14.2
11.5
Loans to total assets
Securities to total assets.,,.
Cash assets to total assets. . _ , . _ _ . . . . . . .
31 8
28 5
37 5
20 0
42 1
35 0
26 6
35 8
33 5
25 9
36 3
35 2
28 3
28 9
40 1
30 4
26 6
39 8
^2 5
39 0
36 8
San
Francisco
1
3
8 0
6
+ 7
*
Total capita! areotinfe to laanx, securities, and real estate assets., _ .
For footnotfs ^ee end of tublc, p. 274.
Dallas
2 2
_„-.
30
3
8
33
___ „
2
9
1
Kansas
City
4 2
3 6
„___
Net return on loans
Ratios to securities:
Interest and dividends on securities
9 5
7 7
3 2
,„
7 8
54
2 3
1 6
Cash dividends declared . . _
7 4
4 9
2 5
6 3
5 9
6 1
Minneapolis
St.
- Louis
6 5
13
5 2
s
Recoveries on loans
Losses on loans
Cleveland
47
26
25
100
Ratios to total capital accounts:
Net current earnings
Net charge-offs, etc *
Net profits
.
Ratios to total assets:
Total earnings
Total expenses . .
Net current earnings1
Net charge-offs, etc. ,.. _ _ _
Net profits
Philadelphia
New
York
1
^
K
4
Q
12.9
13. 8
15.1
16.0
11.0
°io 5
32 5
31 I
E4 3
*JQ 2
90 ft
^fi 4
26 3
42 0
23 7
44 3
34 0
26 8
31 0
3fj 6
§
9
NO. 62-MEMBER BANK EARNINGS RATIOS, BY CLASS OF BANK AND BY FEDERAL RESERVE DISTRICTS, 1941-Continued
[Computed from aggregate dollar amounts in preceding table; ratios in per cent]
Reserve city banks, 3 by Federal Reserve districts
Item
Boston
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on securities
Other current earnings
Total earnings
_____.._
New
York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St.
Louis
Minneapolis
Kansas
City
Dallas
San
Francisco
45.5
24.4
30.1
100.0
44.4
30.7
24.9
100.0
33.1
41.9
25.0
100.0
38.7
39.1
22.2
100.0
43.1
35.5
21.4
100.0
52.6
23.5
23.9
100.0
42.4
36.0
21.6
100.0
49.0
30.3
20.7
100.0
47.0
28.5
24.5
100.0
52.2
25.1
22.7
100.0
57.9
20.9
21.2
100.0
59.0
24.4
16.6
100.0
30.8
2.5
30.0
63.3
31.4
9.1
30.7
71.2
29.8
3.8
30.9
64.5
28.1
9.8
32.8
70.7
31.3
9.6
30.2
71.1
26.8
6.1
35.2
68.1
33.1
12.7
29.0
74.8
32.1
5.9
32.7
70.7
32*7
5.7
32.6
71.0
31.3
4.5
34.7
70.5
29.4
4.9
36.9
71.2
30.9
15.7
24.3
70.9
Net current earnings!
Net charge-offs, etc
Net profits
6.7.
1.4
5.3
8.5
5.6
3.0
8.5
3.6
4.9
5.5
.4
5.1
7.7
.1
7.6
9.9
1.0
9.0
7.2
+2.3
9.5
7.8
7.8
7.6
+1.7
9.3
7.5
+ .6
8.0
7.8
.3
7.5
11.1
1.8
9.3
Cash dividends declare d*_ .
3.9
2.5
5.1
2.4
4.0
3.9
2.6
4.1
3.3
3.0
3.9
5.2
1.9
1.2
.7
.1
.5
2.7
1.9
.8
.5
.3
2.2
1.4
.8
.3
.4
2.1
1.5
.6
2.0
1.4
.6
2.1
1.5
.6
1.9
1.3
.6
2.1
1.5
.6
3.0
2.1
.9
.1
.6
1.9
1.4
.5
+ .2
.6
1.9
1.3
.6
.6
2.4
1.6
.8
.1
.7
.6
.6
2.7
4.2
3.2
3.4
3.9
3.9
3.8
3.2
3.1
3.6
4.3
.1
.6
.3
1.4
.4
1.1
.3
.3
.2
.1
.2
.3
.2
.1
.2
.2
.5
.1
.2
.2
.4
.3
.4
.6
2.2
3.1
2.5
3.4
4.0
3.8
3.9
3.2
3.4
3.6
4.3
4.7
2.1
2.2
2.7
2.2
2.0
2.2
1.7
1.8
2.1
1.8
1.8
2.1
A
.2
1.2
1.4
.2
.7
.8
.3
.5
.6
.7
.6
1.1
.1
.6
.4
.3
.5
.4
.4
.5
.8
.5
.3
.6
.8
.6
1.0
.2
.5
.4
.2
.6
.5
2.5
2.2
2.8
2.4
2.2
2.6
2.1
1.9
2.2
2.2
2.1
2.4
1.0
5.4
.8
35.2
.8
11.9
.9
24.4
1.1
18.2
1.0
15.5
.9
27.3
.9
13.8
.9
14.8
.8
11.5
.9
12.5
1.2
41.5
Salaries and wages _ _ . . . _ _ _ _
Interest on time deposits
Other current expenses
.
Total expenses
....
_ .
.. .
-.- , -
Ratios to total capital accounts:
Ratios to total assets:
Total earnings
Total expenses
Net current earnings.- .. ..
Net charge-offs etc l
Net profits.
- .- .
_
Ratios to loans:
Interest and discount on loans
Recoveries on loans
Losses on loans -.- .
Net return on loans
Ratios to securities:
Interest and dividends on securities.- .
Recoveries on securities. .. - Profits on securities sold
.-_....__.
Losses on securities - .
._._.._.
Net return on securities .
Other ratios:
Interest on time deposits to time deposits
Time deposits to total deposits
.-
.
.5
Total capital accounts to loans, securities, and real estate assets. ...
18.8
12.9
15.3
17.7
12.7
12.7
10.9
11.3
13.0
13.5
14.1
10.6
Loans to total assets
Securities to total assets
Cash assets to total assets
31.8
21.7
44.0
29.2
37.6
27.5
22.5
34.3
39.7
23.3
37.1
37.1
21.8
34.1
41.5
32.0
25.7
39.0
21.0
38.9
38.7
29.1
31.9
37.3
31.9
28.9
37.1
28.0
26.8
43.7
28.5
24.2
44.6
36.1
35.3
25.8
For footnotes see end of table, p. 274.
.. _
,
NO. 62-MEMBER BANK EARNINGS RATIOS, BY CLASS OF BANK AND BY FEDERAL RESERVE DISTRICTS, 1941-Continued
[Computed from aggregate dollar amounts in preceding table; ratios in per cent]
Country banks, by Federal Reserve districts
Item
Boston
New
York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
•St.
Louis
Minneapolis
Kansas
City
Dallas
Ratios to total earnings:
49.3
27.9
22.8
100.0
_- _.
-
Ratios to loans:
Interest and discount on loans
Recoveries on loans
Losses on loans
Net return on loans
„.,
.
_ _ «, -
•-
-
63.8
18.5
17.7
100.0
29.9
14.3
28.7
72.9
24.3
18.0
26.6
68.9
26.4
18.0
26.7
71.1
27.9
17.1
27.4
72.4
29.8
11.8
29.1
70.7
30.3
15.4
. 26.6
72.3
28.5
14.0
27.8
70.3
30.3
14.6
27.0
71.9
33.0
8.8
26.4
68.2
32.5
4.6
3KO
68.1
30.0
15.7
26.0
71.7
W
>
*%
7.5
2.0
5.5
6.7
5.6
1.0
7.6
1.8
5.8
8.0
.2
7.8
9.1
.2
8.8
8.7
+ .4
9.0
8.9
.7
8.3
9.7
.8
8.9
10.7
.2
10.5
10.2
1.2
9.0
11.1
%
2.3
2.6
2.5
3.3
3.2
2.8
3.3
3.8
4.7
4.4
3.5
2.9
2.1
.8
.2
.6
3.1
2.2
1.0
.8
.2
3.1
2.2
.9
.2
.7
2.9
2.1
.8
2.9
2.1
.9
2.9
2.1
.8
.8
1.1
3.3
2.3
1.1
.1
.9
3.6
.8
3.3
2.4
.9
.1
.9
3.7
2.5
1.2
,8
3.0
2.1
.9
.1
.8
4.9
5.0
5.5
5.2
5.6
5.3
5.3
5.3
6.6
7.0
.4
.8
.2
1.3
.4
.4
.3
.3
.3
.3
.4
.3
.3
.3
.6
,4
.8
.6
.6
.6
4.2
4.5
3.8
5.5
5.2
5.5
5.3
5.3
5.5
6.8
7.0
2.2
2.8
2.8
2.5
2.6
2.3
2.6
2.6
2.9
2.6
2.0
H
.4
.9
,9
.4
.7
1.2
.3
.5
.9
.3
.5
.5
.6
.9
1.1
.3
.6
.7
.4
.5
.7
.4
.5
.7
.3
.3
.4
.2
.3
.5
•1
'.5
8
2.6
2.6
2.6
2.8
3.0
2.5
2.7
2.8
3.1
2.6
2.7
1.3
33.0
- _
64.6
17.9
17.5
100.0
2.4
. _ -_
61.5
19.9
18.6
100.0
.4
.7
.8
__,
51.9
25.6
22.5
100.0
.4
.6
.. - _
_______ _
58.3
25.3
16.4
100.0
2.2
_
Cash dividends declared2
52.4
27.9
19.7
100.0
4.4
Ratios to total capital accounts:
Net current- earnings
Net charge-ofls, etc. l . Net profits- -- , _ , _ _
54.8
24.6
20.6
100.0
2.6
_
63.0
20.3
16.7
100.0
!e
_-
53.6
30.3
16.1
100.0
2.7
2.0
.7
,__
Salaries and wages
Interest on time depositsOther Current expenses
Total expenses
48.5
33.8
17.7
100.0
6.3
1.2
5.1
.
49.6
30.6
19.8
100.0
30.5
13.6
29,7
73.8
Interest and discount on loans
Interest and dividends on securities...
Other current earnings
Total earnings
_ _ _ _ _ _ _ __
Ratios to total assets:
Total earnings
Total expenses
Net current earnings
Net charge-offs etc
Net profits
1.0
45.8
1.3
51.2
1.4
47.1
1.7
33.4
1.5
25.9
1.2
41.6
1.4
33.8
1.3
41.8
1.6
22.7
1.3
13.5
1.5
40.4
16.8
U.6
20.2
17.4
16.6
16.1
14.0
15.6
14.3
. 17.8
18.7
13.6
29.1
39.2
27.4
30.7
37.3
27.1
30.8
34.6
31.5
35.1
23.4
38.7
28.6
27.7
40.9
28.8
34.9
34.2
32". 9
29.5
35.6
33.0
32.8
31.9
34.2
25.4
38.6
30.9
23.1
43.9
38.5
25.6
33.3
Ratios to securities:
Interest and dividends on securities
Recoveries on securities _ „ - - _
Profits on securities gold.,, _ , = _ „ _ _ „
Losses on securities
„-„.,...,
Net return on securities _
Other ratios:
Interest on time deposits to time deposits
Time deposits to total deposits
„_.,_Total capital accounts to loans, securities, and real estate assets
Loans to total assets _„_»„__.,„ _ _ „ = _ „ „ _ . , - „ „
Securities to total assets
Cash assets to total assets _ „ _ - _ „ _ „_„„.„«, „ «, „
San
Francisco
.
___ _
30.8
34.4
31.8
svhieh are shown in Table 60.
1:1
!:
B
°
J>
%
d
g
i i
1
s
-° 3
:! 3
••' |
NO. 63-MEMBER BANK EARNINGS RATIOS, BY TOTAL DEPOSITS OF BANKS AND BY RATIO OF TIME TO TOTAL DEPOSITS, 1MI*
[Averages of individual bank ratios, expressed in percentages]
All
member
banks
Item
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on securities
Service charges on deposit accounts _ .
Other current earnings
Total earnings
Salaries and wages
Interest on time deposits. ._-.
Taxes other than on real estate
Other current expenses
Total expenses
Net current earnings
Net charge-offs, etc.
Net profits
Ratios to total capital accounts:
Net current earnings
-.Net charge-offs, etc
Netprofits
Cash dividends declared
Ratios to total assets:
..
Total earnings
Total expenses
-. ..--N e t current earnings
_ ____ ___
Net charge-offs, etc.
Net profits,
Ratios to loans:
Interest and discount on loans
Recoveries on loans
Losses on loans..
Net return on loans
'_
..
Ratios to securities:
Interest and dividends on securities .
Recoveries on securities
_
Profits on securities sold
Losses on securities.-.
Net return on securities
Other ratios:
Interest on time deposits to time deposits3
Time deposits to total deposits
Trust department earnings to total earnings3. __
Personal and retail instalment paper to loans 3
Total capital accounts to loans, securities, and real estate
assets
Total capital accounts to total deposits
Real estate assets to total capital accounts _ ___
Total capital accounts to total assets
Loans to total assets
Securities to total assets ._ ... - -_. Real estate assets to total assets
Cash assets to total assets
Number of banks (December 31)4
For footnotes see end of table, p. 276.
Member banks with ratios of time to
total deposits of—
Member banks with total deposits (in thousands of dollars) of—
Under
250
250500
5001,000
1,0002,000
2,0005,000
5,00010,000
10,00050,000
50,000and over
Under
25% 2
2550%
5075%
75%
and over
59.1
24.9
5.8
10.2
100.0
30.1
14.9
5.6
21.3
71.9
28.1
3.9
24.2
72.0
14.7
4.8
8.5
100.0
34.8
8.8
5.5
22.7
71.8
28.2
5.6
22.6
66.7
19.5
5.1
8.7
100.0
31.5
13.7
5.4
21.1
71.7
28.3
3.7
24.6
62.2
23.4
5.3
9.1
100.0
29.4
15.9
5.3
20.6
71.2
28.8
3.4
25.4
58.5
26.8
6.1
8.6
100.0
29.0
16.8
5.6
20.3
71.7
28.3
4.3
24.0
54.2
28.6
6.7
10.5
100.0
29.3
16.2
5.6
21.4
72.5
27.5
4.6
22.9
50.1
29.5
7.2
13.2
100.0
30.2
14.7
5.6
22.8
73.3
26.7
3.9
22.8
49.4
27.7
6.5
16.4
100.0
31.5
11.1
6.4
23.9
72.9
27.1
2.5
24.6
42.8
34.1
3.7
19.4
100.0
31.2
7.0
7.0
25.3
70.5
29.5
1.4
28.1
60. &
20.9
7.2
11.3
100.0
34.8
4.5
6.4
23.4
69.1
30.9
1.7
29.2
59.4
23.0
6.6
11.0
100.0
30.7
14.3
5.7
21.3
72.0
28.0
3.3
24.7
58.4
28.7
4.4
8.5
100.0
26.5
22.3
4.8
20.0
73.6
26.4
5.7
20.7
52.4
39.1
2.0
6.5
100. 0
22.8
29.7
5.6
17.5
75.6
24.4
10.3
14.1
8.7
1.2
7.5
3.0
7.3
1.5
5.8
3.0
8.9
1.1
7.8
3.3
9.3
1.1
8.2
3.3
8.8
1.3
7.5
2.9
8.5
1.5
7.0
2.8
8.1
1.4
6.7
2.5
8.5
1.0
7.5
2.8
7.5
.6
6.9
3.6
9.4
.6
8.8
4.1
9.1
7.9
3.1
7.9
1.7
6.2
2.3
6.4
2.4
4.0
2.0
ft
>
*2
g
3.6
2.6
1.0
.1
.9
4.8
3.4
1.4
.3
1.1
4.2
3.0
1.2
.2
1.0
3.8
2.7
1.1
.1
1.0
3.5
2.5
1.0
.2
.8
3.2
2.3
.9
.2
.7
3.0
2.2
.8
.1
.7
2.7
1.9
.8
.1
.7
2.0
1.4
.6
.1
.5
3.6
2.4
1.2
.1
1.1
3.6
2.6
1.0
.1
.9
3.6
2.6
1.0
.2
.8
3.5
2.6
.9
fcrj
>
&
1
.5
%
hH
6.0
.5
.5
6.0
7.8
.7
.9
7.6
6.9
.6
.6
6.9
6.4
.5
.5
6.4
6.0
.4
.5
5.9
5.5
.5
.5
5.5
5.0
.4
.5
4.9
4.5
.5
.5
4.5
3.4
.3
.5
3.2
6.6
.6
.6
6.6
6.0
.5
.5
6.0
5.7
.3
.5
5.5
5.5
.3
,6
5.2
Q
CQ
2.9
.4
.6
.8
3.1
3.4
.3
.3
.3
3.7
3.3
.4
.4
.6
3.5
3.1
.4
.5
.8
3.2
2.9
.4
.7
.9
3.1
2.8
.4
.6
.9
2.9
2.5
.4
.7
.9
2.7
2.3
.4
.7
.8
2.6
1.9
.2
.6
.5
2.2
2.9,
.3
.4
.4
3.2
2.9
.3
.6
.7
3.1
2*. 9
.5
.7
1.1
3.0
3.3
.6
.9
1.8
3.0
1.5
40.3
3.9
10.8
1.9
25.3
2.2
10.5
1.8
35.8
1.9
11.0
1,6
41.3
2.3
11.7
1.5
45.1
2.0
11.4
1.3
45.9
3.0
10.5
1.1
42.4
4.4
9.6
1.0
31.0
6.5
8.3
.8
17.9
9.4
6.1
1.4
12.1
6.2
10.9
1.5
38.1
4.0
11.0
1.5
61.0
2.6
10.5
1.5
80.1
2.0
10.1
19.4
15.1
20.9
12.8
36.1
28.5
2.5
32.7
31.4
26.7
13.3
20.5
45.2
19.1
2.6
33.0
22.9
18.3
16.1
15.1
41.8
23.4
2.3
32.3
19.5
15.2
18.4
13.0
38.2
27.1
2.3
32.3
18.5
14.2
21.3
12.3
35.0
30.0
2.5
32.3
17.4
13.3
24.4
11.5
32.7
32.0
2.7
32.4
16.3
12.3
27.7
10.8
30.5
33.6
3.0
32.5
14.9
10.3
28.9
9.2
29.7
30.9
2.7
36.3
13.5
9.2
24.3
8.3
25.3
34.5
2.1
37.6
22.4
15.9
16.2
13.2
34.3
23.7
1.9
39.9
18.6
14.1
21.7
12.1
36.4
26.9
2.5
34.0
17.9
15.2
23.7
13.0
37.4
32.8
2.9
26.7
19.3
17.6
21.8
14.7
34.5
39.5
3.2
22.7
6,577
333
1,036
1,579
1,461
1,189
453
389
137
1,784
.2,326
2,245
222
i.2
N0.6J-MEMBER BANK EARNINGS RATIOS, BY TOTAL DEPOSITS OF BANKS AND BY RATIO OF TIME TO TOTAL DEPOSITS, 194V-Continued
[Averages of individual bank ratios, expressed in percentages]
Member banks with ratios of tune to total deposits Member banks with ratios of time to total deposits Member banks with ratios of time to total deposits
of 25-50 per cent, and with total deposits (in
of 50 per cent and over and with total deposits
under 25 per cent, and with total 2deposits (in
thousands of dollars) of—
(in thousands of dollars) of—
thousands of dollars) of —
Item
5002,000
2,00010,000
10,000
and x>v«r
Under
500
5002,000
2,00010,000
10,000and over
Under
500
5002,000
2,00010,000
10,000
and over
61.2
20.7
8.0
10.1
100.0
34.5
4.3
6.2
22.7
67.7
32.3
1.4
30.9
55.7
22.8
8.8
12.7
100.0
34.3
5.6
6.6
24.4
70.9
29.1
2.1
27.0
46.8
29.4
5.3
18.5
100.0
32.6
5.5
7.4
26.0
71.5
28.5
.2
28.3
68.2
16.7
5.0
10.1
100.0
31.7
14.2
5.3
21.4
72.6
27.4
4.7
22.7
61.6
22.4
6.4
9.6
100.0
30.2
15.0
5.7
20.4
71.3
28.7
2.5
26.2
53.3
26.7
7.9
12.1
100.0
30.7
13.7
5.8
22.2
72.4
27.6
3,6
24.0
48.5
28.7
6.5
16.3
100.0
30.9
13.1
5.9
22.7
72.6
27.4
3.4
24.0
65.9
24.0
3.2
6.9
100.0
26.8
23.3
4.8
19.9
74.8
25.2
6.2
19.0
59.2
29.3
3.9
7.6
100.0
25.7
23.6
5.0
19.2
73.5
26.5
6.1
20.4
51.8
33.2
5.1
9.9
100.0
26.6
21.8
4.9
20.5
73.8
26.2
6.1
20.1
48. S
31.2
5.4
14.6
100. C
28.1
19.4
4.8
21.8
74.1
25.9
7.3
18.6
9.2
.7
8.5
4.2
10.3
.5
9.8
4.5
9.4
.9
8.5
3.6
7.8
.3
7.5
3.2
8.7
1.4
7.3
2.9
9.6
1.0
8.6
3.4
8.7
1.3
7.4
2.7
8.8
1.4
7.4
2.8
7.1
1.5
5.6
2.0
8.0
1.7
6.3
2.2
7.6
1.8
5.8
2.4
8.3
2.3
6.0
2.7
4.6
3.1
1.5
.2
1.3
3.7
2.5
1.2
.1
1.1
3.0
2.1
.9
.1
.8
2.1
1.5
.6
.6
4.3
3.1
1.2
.2
1.0
3.7
2.6
1.1
.1
1.0
3.2
2.3
.9
.1
.8
2.9
2.1
.8
.1
.7
4.0
3.0
1.0
.2
.8
3.6
2.6
1.0
.2
.8
3.3
2.4
.9
.2
.7
3.1
2.3
.8
.2
.6
7.9
.9
.8
8.0
6.9
.6
.5
7.0
5.7
.5
.4
5.8
3.8
.3
.3
3.8
6.9
.6
.6
6.9
6.3
.5
.4
6.4
5.3
.4
.4
5.3
4.7
.6
.7
4.6
6.2
.3
.5
6.0
5.8
.3
.5
5.6
5.3
.5
.7
5.1
4.9
.4
.7
4.6
3.4
3
.3
.2
3.8
3.0
.3
.4
.5
3.2
2.6
.3
A
.6
2.7
2.0
.4
.6
.7
2.3
3.2
.2
.4
.4
3.4
3.0
.3
.6
.7
3.2
2.7
.3
.6
.8
2.8
2.3
.4
.7
.8
2.6
3.3
.6
.6
1.1
3.4
3.1
.5
.7
1.2
3.1
2.7
.5
.7
1.1
2.8
2.5
.5
.8
1.0
2.8
1.7
10.6
1.7
10.9
1.5
11.3
2.7
12.2
1.2
15.7
4.0
11.6
.9
13.4
8.7
6.4
1.9
37.0
3.1
10.3
1.6
38.5
2.0
11.6
1.2
38.6
4.1
10.8
1.1
36.9
6.2
9.7
1.8
62.1
.5
11.7
1.5
63.1
2.0
11.1
1.3
62.5
2.8
9.1
1.1
58.2
4.7
7.1
29.2
22.5
12.2
17.8
40.!)
19.7
2.0
37.3
21.8
15.1
15.5
12. g
33.7
24.1)
1.9
40.4
18.3
11.7
19.9
10.3
30.4
25.4
2.0
42.0
14.7
9.2
22,2
8.3
20.8
29.3
1.8
41.7
22.8
18.5
17.3
15.2
43.6
21.2
2.6
32.5
18.6
13.8
19.4
12.0
36.9
26.0
2.2
34.7
16.9
' 12.4
25.8
10.9
32.3
30.3
2.8
34.4
14.3
10.6
31.2
9.4
30.2
33.5
3.0
32.9
21.4
19.3
17.8
15.9
44.0
27.8
2.8
25.4
17.9
15.3
22.4
13.0
38.0
32.8
2.8 •
26.3 1
16.8
14.1
27.1
12.1
32.5
37.2
3.2
26.8
14.5
11.8
40.0
10.4
31.1
37.2
4.0
27.4
Under
500
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on securities
Service charges on deposit accounts
Other current earnings
Total earnings
,.
Salaries and wages
Interest on time deposits . _ _
Taxes other than on real estate
Other current expenses, -.
Total expenses.
Net current earnings
Net charge-oSs, etc
Net profits
_ _ _
_ _
.. .
69.2
15.9
6.3
'
8.6
100.0
36.4
3.8
6.0
22.6
68.8
31.2
2.5
28.7
j
Ratios to total capital accounts:
Net current earnings
Net charge-offs, etc.
.
Net profits..
_
„ .
Cash dividends declared
Ratios to total assets:
Total earnings
_ .
Total exppnsp-,**
Net current earnings Net charge-offs, etc
_ ____,
Net profits
Ratios to loans:
Interest and discount on loans -Recoveries on loans
Losses on loans
... -Net return on loans..,
.______.„„,
_„_
.
Ratios to securities:
Interest and dividends on securities
Recoveries on securities
„ „_._
Profits on securities sold
Losses on securities
«,„„<,.,
Nfit return on securities
Other ratios:
Interest on time deposits to time deposits3
Time deposits to total deposits.- _
Trust department earnings to total earnings3 ._
..I
Personal and retail instalment paper to loans3
Total capital accounts to loans, securities, and real estate
assets
,„
.__.„...„.
.
Total capital accounts to total deposits
Real estate assets to total capital accounts
___., = _
Total capital accounts to total a^sefe
Loans to total assets . «, „ . . „ „ „ _ „ „ . . _ „ „ »
„
_ _ „ «.
See mi ties to total assets
Keal estate assets to total assets,, <,„ ..„ = ..,,
„...__ ,
Cash a^ets to total assets
;
:!
Xumbc'rof banks (Di'cpni her 3D _.__„....__......„___..-__..,.
547
\
083
'
291
203
^
453
- 1,034 s
638
!
201
309 !
1,323 1
713
02
1
The ratios shown in thus table are computed ©n a different basis from those ^ho\vn in Tables 58, CO, and £»2; see introductory text, pp. 257-258.
2
1
Banks with no time deposits (217 iis number) are included with banks having ratios of time deposits to total deposits of under 25 per cent.
s Banks with no time deposits, no trust department earnings, or no personal and retail instalment paper, as the case may be, were excluded in computing averages. The ratios of personal and
retail installment paper to loans are teased OH June 30 figures only.
4
The ratios for 42 member bauks iu operation at the end of 1941 were excluded from the compilations because of unavailability of data covering the complete year's operations, certain accounting
adjustments, lack of comparability, etc.
4
I
i
i
Q
§
S3
NO. 64-1NSURED COMMERCIAL BANK EARNINGS, EXPENSES, AND DIVIDENDS, 1934-1941
[Amounts in thousands of dollars]
1936
1937
1938
1939
1940
19411
1,486,135
643,217
547,727 .
90,003
205,188
1,566,732
663,195
573,991
105,056
224,490
1,633,574
709,962
572,019
110,995
240,598
1,534,380
705,037
531,854
115,226
232,263
1,605,500
726,922
521,681
121,525
235,372
1,729,901
847,832
509,175
139,698
233,196
1,069,420
1,043,160
402,038
410,953
302,603
77,043
287,736
262,228
79,258
290,721
1,073,770
177,431
249,611
10,369
237,222
97,769
301,368
1,115,265
187,024
265,141
11,239
235,350
107,619
308,892
1,102,439
191,984
269,952
11,721
229,629
103,376
295,777
1,106,177
196,426
274,934
12,178
215,237
106,985
300,417
1,631,074
768,770
499,650
129,380
233,274
s
1,131,244
202,357
282,837
12,439
200,790
122,858
309,963
„
449,029
442,975
492,962
518,309
481,941
499,323
499,830
528,549
Recoveries, profits on securities, etc
Recoveries on loans
.
Recoveries on securities
Profits on securities sold
•_
Allother
292,027
52,874
or,ft 310
^o.dia
32,814
432,452
81,812
316,156
34,484
585,141
110,595
175,092
267,922
31,532
308,854
89,860
57,919
117,239
43,836
329,222
56,405
61,579
172,857
38,381
381,172
65,581
66,495
214,959
34,137
349,135
65,887
73,274
177,774
32,200
324,453
70,947
73,589
145,189
34,728
1,081,025
552,857
391,547
136,621
668,012
318,732
239,193
110,087
553,913
250,266
154,758
148,889
446,549
141,537
176,457
128,555
510,894
150,100
221,903
138,891
491,812
136,137
215,170
140,505
447,854
H3; 699
193,054
141,101
398,380
103,868
161,073
133,439"
-339,969
207,415
524,190
380,614
300,269
401,111
454,622
187,769
17,796
169,973
307,537
33,321
174,216
223,417
34,531
188,886
225,645
24,195
201,450
222,109
19,435
202,674
232,284
18,448
213,836
236,750
17,313
219,437
253,396
17,563
235,833
37,424,000
(?)
(')
14,137
41,161,000
46,693,000
52,518
180,893
13,969
48,112,000
53,235
188,410
13,795
48,154,000
54,080
187,189
13,657
52,727,000
54,713
191,612
13,534
59,324,000
55,717
197,523
13,438
Item
1934
Earnings
Interest and discount on loans
Interest and dividends on securities
Collection and service charges, commissions, fees, etc.,
Other current earnings
-.
1,518,449
690,601
550,092
75,748
202,008
Expenses
Salaries—officers
.
Salaries and wages—other
Directors' and committee members' fees2.-.
Interest on time deposits
Taxes3
...
Other current expenses
Net current earnings
=
Losses and depreciation..
On Loans.
...
On securities
...
Allother 4
Net profits
1
/
_.
.
...
Cash dividends declared
On preferred stock *
On common stock
Total deposits6
Number of officers (December 31)
Number of employees (December 31}
Number of banks (December 31)...
]
}
j
.
1935
14,123
1,201,352
211,311
302,627
13.151
190,256
153,371
330,636
.,169,000
57,067
211,115
13,427
1
Differences between this table and the next table in the year 1941 figures of earnings, expenses, dividends, number of officers and employees, and number of banks are due to the fact that this table
includes 12 national banks, 1 State member bank, and 59 nonmember banks operating less than a full year or materially affected'by mergers; 2 national banks and 4 other member banks not engaged
in deposit banking; and 1 insured nonnational bank in Hawaii; and the earnings, expenses, and dividends of 17 national banks which reported for the first half of the year only and which are not counted
in the number of banks given in the next table. Both tables exclude 3 insured nonmember trust companies not engaged in deposit banking and all member and insured nonmember mutual savings banks,
and 2
both tables include 3 insured nonmember national banks in Alaska and Virgin Islands.
In the case of nonmember banks (except those in the District of Columbia and national banks in the possessions), the figures also include professional fees beginning with 1936.
3
Includes income taxes. In reports of the Federal Deposit Insurance Corporation, such taxes are treated as a deduction from net profits beginning with 1936.
4
Includes regular and extraordinary depreciation allowances on banking house, furniture and fixtures, and, in the case of nonmember banks (except those in the District of Columbia and national
banks in the possessions), also includes other expenses, except real estate taxes, of occupancy and maintenance of banking quarters beginning with 1936.
5
Includes interest on capital notes and debentures.
6
For comments concerning the composition of this item see introductory text, p. 259.
7
Not available.
w
to
-4
00
NO. 85-INSURED COMMERCIAL BANK EARNINGS, EXPENSES, AND DIVIDENDS, BY TOTAL DEPOSITS OF BANKS, 1941
[Amounts in thousands of dollars]
Insured commercial banks with total deposits of—
All insured
commercial
banks*
Item
100,000
and under
100,000250,000
250.000500,000
500,0001,000,000
1,000,0002,000,000
2,000,0005,000,000
5,000,00050,000,000
Over
50,000,000
Earnings
_ _ _ _ _
Interest and discount on loans
___________
Interest and dividends on securities
Collection and service charges, commissions, fees, etc..
Other current earnings......
.,.__.
______
1,723,784
845,941
508,115
139,323
230,405
1,291
861
108
193
129
18,009
12,402
2,283
2,727
597
51,741
34,169
8,364
7,208
2,000
97,498
62,726
18,807
11,435
4,530
133,786
81,553
30,757
14,204
7,272
188,714
107,371
47,732
18,341
15,270
416,694
209,156
107,905
39,541
60.092
816,,51
337,703
292,159
45,674
140,515
Expenses
Salaries—officers.,
Salaries and wages—other
Directors' and committee members' f e e s * _ _ - - _ —
Interest on time deposits
___________
Taxes"
_„„„
Other current expenses
_
1,196,579
210,323
301,292
13,101
189,784
152,888
329,191
923
385
102
22
75
110
229
12,101
4,755
1,061
285
1,918
1,306
2,776
35,094
12,023
3,544
890
7,068
3,673
7,896
67,100
19,420
8,243
1,556
15,531
7,416
14,934
93,023
22,502
15,335
1,956
21,704
10,508
21,018
133,248
26,811
26,384
2,457
30,986
15,217
31,393
3W.008
49,453
76,526
3,315
52,914
36,771
81,029
555,983
74,974
170,097
2,620
59,588
77,887
169,916
IVet current earnings..
527,205
368
5,968
16,647
30,398
40,763
55,466
116,686
260, H9
Recoveries, profits on securities, etc
Recoveries on loans--.,
Recoveries on securities.___.,.....--.._-_
Profits cm securities sold
„_
_
All other
— _ _ — — ___
323,632
70,828
73,535
144,682
34,577
134
99
3
9
23
2,010
1,049
264309
388
5,578
2,506
884
1,218
970
11,740
4,047
2,409
3,340
1,944
17,031
4,720
4,053
6,260
2,598
30,142
7,744
7,843
10,541
4,014
78,821
15,783
19,554
33,808
9,676
177,566
34,880
38,525
89,197
14,964
397,183
103,694
160,823
132,666
250
99
15
136
3,336
1,376
331
1,629
8,508
2,805
1,674
4,029
17,254
5,192
5,147
6,915
26,638
6,798
9,527
10,313
45,298
10,988
18,287
16,023
105,524
24,001
43,340
38,183
190,375
52,435
82,502
55,438
„
_
_...
Losses and depreciation
„___
On loans...
_ _ _ _ _ _ _ _ _ _— _„_——
On securities
_________.____ —______________„__
Allother*
____.__________„________
Net profits...
Cash dividends declared..
On preferred s t o c k » _ _ _ _ _
On common stock
_.
.........
___
_
Total deposits"
____________
Number of officers (December 31).......
Number of employees (December 31).....................
Number of banks (December 31).......
1
453,644
252
4,582
13,717
24,884
31,756
40,310
89,983
248,160
252,563
17,529
235,034
114
23
91
1,860
239
1,621
5,507
464
5,043
10,645
1,046
9,599
14,454
1,607
12,847
19,550
2,408
17,142
45,774
5,478
40,296
154,659
6,264
148,395
68,696,509
56,761
210,026
13,348
16,427
343
200
215
314,256
3,416
1,925
1,728
1,059,850
7,119
5,231
2,880
2,245,104
9,570
9,627
3,132
3,428,042
8,855
14,247
2,433
5,243,196
8,051
20,852
13,879,035
9,927
53,727
1,076
42,510,599
9,480
104,217
166
1,718
Differences between the figures of earnings, expenses, dividends, number of officers and employees, and number of banks in the total column of this table and the corresponding column of the
preceding table are due to the fact that this table excludes 12 national banks, 1 State member bank, and 59 nonmember banks operating less than a full year or materially affected by mergers; 2 national
banks and 4 other member banks not engaged in deposit banking; and 1 insured non national bank in Hawaii; also the preceding table includes the earnings, expenses, and dividends of 17 national banks
which reported for the first half of the year only and which are not counted in the number of banks given in that table. Both tables exclude 3 insured nonmember trust companies not engaged in deposit
banking and all member and insured nonmember mutual savings banks, and both tables include 3 insured nonmember national banks in Alaska and Virgin Islands.
3
In the case of nonmember banks (except those in the District of Columbia and national banks in the possessions), the figures also include professional fees.
3
Includes income taxes. In reports of the Federal Deposit Insurance Corporation, such taxes are treated as a deduction from net profits.
4
Includes regular and extraordinary depreciation allowances on banking house, furniture and fixtures, and, in the case of nonmember banks (except those in the District of Columbia and national
banks in the possessions}f also includes other expenses, except real estate taxes, of oeetapaney and maintenance of banking quarters.
* Includes interest on capital notes and debentures.
s
For comments concerning the composition of this item see introductory text, p. 259.
w
I
o
>
u
o
1
I
H
8
SECTION 7
BANK SUSPENSIONS
Page
281
Text
Table
Table
Table
Table
Table
66.
67.
68.
69.
70.
Commercial bank suspensions—number and deposits, by class of bank, 1892-1941. . .
Commercial bank suspensions—number and deposits, by States, 1921-1941
National bank suspensions—number and deposits, by States, 1921-1941
State member bank suspensions—number and deposits, by States, 1921-1941
Nonmember bank suspensions (other than private and mutual savings banks)—
number and deposits, by States, 1921-1941
Table 71.. Private (unincorporated) bank suspensions—number and deposits, by States,
1921-1941
Table 72. Mutual savings bank suspensions—number and deposits, by States, 1921-1941
283
284
286
288
290
292
292
SECTION 7
BANK SUSPENSIONS
Bank suspensions have been a prominent and 1941. The subsequent tables in this section give
disturbing aspect of our financial history. These the number and deposits of suspended banks for
suspensions have been due to a variety of causes, each of various classes of banks, by States, for
including broad economic developments as well the period 1921-1941: Table 68 shows suspenas certain characteristics of our banking system. sions of national banks; Table 69, State member
In turn, they have had an important bearing on banks; Table 70, nonmember banks; Table 71,
economic developments, on bank legislation and private (unincorporated) banks; and Table 72,
supervision, and on banking traditions and mutual savings banks. Information by States
brings out the regional aspects of bank suspenpractices.
It is estimated that since 1865 depositors have sions over the 21-year period.
History of data. The first detailed study of
sustained direct losses totaling some two billion
dollars through bank failures. These losses bank suspensions by the Federal Reserve System
alone have been of serious import, but they rep- was made in 1930-1932 by a special committee
resent only a part of the damage incident to and the findings were incorporated in an uninsolvencies. The liquidation of insolvent banks published -volume, Bank Suspensions in the
is at best a slow process; and although United States, 1892-1932. As a result of this
depositors in such banks may eventually recover study, it was concluded that comprehensive and
a substantial amount of their deposits, they are dependable statistics on bank suspensions in this
meanwhile deprived of the use of their money. country are available only for comparatively
Moreover, during periods of widespread suspen- recent years, that is, beginning with 1921. While
sions, many areas have been left wholly without data relative to national bank failures are availbanking facilities. Business concerns, farmers, able since the beginning of the national banking
and other entrepreneurs have been unable to system, the statistics for State banks prior to
secure bank loans, and communities have 1892 are too fragmentary to be representative.
suffered from the lack of a convenient means It has been possible, however, to piece together
of payment.
from various sources statistics on the number of
Bank suspensions assumed their greatest bank suspensions beginning with 1892. This
importance after 1920. Prior to that time, series is believed to be sufficiently reliable to
suspensions—although relatively serious in some show in general the periods of abnormal banking
panic years—were small in comparison with the mortality. Beginning with 1921 more detailed
ever increasing number of banks. Economic data are available by States on the number and
developments during and following the first deposits of suspended banks.
Number of suspended banks. The figures on
World War created difficult conditions for banks.
In 1921 suspensions increased sharply, while the number of bank suspensions for 1892-1920,
number of banks—which had reached a peak of shown in Table 66, have been taken from a
over 30,000—turned downward. For the next number of secondary sources, and are neither
eight years, suspensions continued to be nu- uniform nor wholly comparable with the figures
merous in the agricultural regions of the for later years. For example, the data for
country. The general economic depression of national banks during this period refer to "bank
the early 1930's subjected the financial machin- failures" rather than "bank suspensions/' and
ery of the whole country to extraordinary pres- thus embrace only those closed banks for which
sure. As a consequence, bank suspensions be- receivers were appointed.
The data for 1921-1941, shown in Tables 66came more widespread, culminating in the banking holiday of 1933 and the establishment of 72, have been compiled from original reports on
Federal insurance of deposits to protect bank bank suspensions. The term "bank suspension"
has been defined to comprise all banks closed
depositors from further losses.
The tables in this section give a statistical to the public, either temporarily or permanently,
perspective of bank suspensions since 1892. by supervisory authorities or by the banks*
Table 66 presents a general historical summary boards of directors on account of financial
for the period 1892-1941, and Table 67 shows difficulties, whether on a so-called moratorium
the number and deposits of all suspended com- basis or otherwise, unless the closing was under
mercial banks by States during the period 1921- a special banking holiday declared by civil
281
282
BANKING AND MONETARY STATISTICS
authorities. Banks which closed under a special
holiday declared by civil authorities and
remained closed only during such holiday or
part thereof have not been counted as suspensions. Banks which, without actually closing,
merged with other banks or obtained agreements
from depositors to waive or to defer the withdrawal of a portion of their deposits likewise
have not been counted as suspensions; but
banks which closed and were later reopened or
taken over by other institutions have been included as suspensions.1
The figures for 1933 are not wholly comparable with those for other years. It was difficult
in that year to determine the status of some
banks because of such factors as restrictions
imposed on deposit withdrawals, reorganization
of banks through deposit waivers during local
and State banking holidays, changes in status
of banks incident to the national banking
holiday, and the amount of time frequently required to decide whether banks should be
licensed or placed in liquidation or receivership.
The figures for 1933 comprise banks suspended
before the banking holiday, licensed banks
suspended or placed on a restricted basis following the banking holiday, unlicensed banks
placed in liquidation or receivership, and all
other unlicensed banks which were not granted
licenses to reopen by June 30, 1933. This date
was selected because by that time supervisory
authorities had completed their examination of
all or nearly all the banks not granted licenses
immediately following the banking holiday and
had authorized such of the banks to reopen as
could then qualify for licenses.
Deposits of suspended banks. Statistics on
deposits of suspended banks are not available
prior to 1921, Deposits for national and State
member banks are as of date of suspension, and
for nonmember banks as of date of suspension
or latest available call date prior thereto, with
the exception of unlicensed banks included for
1933. Deposits of unlicensed banks included
in suspensions for 1933 are (1) for national
banks, as of date of conservatorship; (2) for
State member banks, as of June 30, 1933, or the
nearest call date prior to liquidation or receivership; and (3) for nonmember banks, the latest
1
The statistics of national bank "failures' 1 published in the
annual reports of the Comptroller of the Currency embrace
9nly closed national banks for which receivers were appointed;
i.e., they exclude national banks that suspended operations
temporarily and were later reopened without the appointment of
a receiver, also national banks placed in conservatorship and
later reopened or absorbed by other banks without the appointment of receivers.
figures available at the time the banks were
reported as having been placed in liquidation
or receivership, or (for those which later reopened) as of the date license was granted to
reopen.
Losses to depositors. The figures of estimated losses borne by depositors in closed
banks, shown in Table 66, were prepared by the
Federal Deposit Insurance Corporation as a
part pf a study, "Losses on Assets of Commercial Banks, 1865-1940," published in its
Annual Report for 1940, pages 61-73. The
methods used in deriving the figures and the
estimates of losses for the periods 1865-1880,
1881-1900, and 1901-1920 are also shown in that
report.
The annual reports of the Comptroller of the
Currency contain considerable material relating
to losses sustained by depositors and stockholders of national banks. Among other data
there are included detailed individual statements of all national banks currently in charge
of receivers, and summary statements going
back to the beginning of the national banking
system.
Additional statistics of bank suspensions. Further information on bank suspensions is given in
the Federal Reserve Bulletin for September and
for December 1937. The September 1937 issue,
pages 866-910, contains a series of tables covering bank suspensions during the period 19211936.
The tables show suspensions per 100
active banks during selected periods, classifications of suspended banks by size of bank and
by population of place in which located, and
number and deposits of suspended banks by
months during the various years. The same
basic data were used for Tables 67-71 in this
section; hence, the two series are strictly
comparable. The fact that the Bulletin series
end with 1936 does not impair their usefulness,
since there have been relatively few suspensions
since that time. The December 1937 issue, pages
1204-24, contains a discussion of bank suspensions during 1921-1936 based largely on the
figures published in the September Bulletin. Current figures on bank suspensions, showing separately data on suspensions of insured and noninsured banks, are published each month in the
Federal Reserve Bulletin. Additional statistics
on the suspensions of insured and noninsured
banks since the inception of Federal deposit
insurance in 1934 are given in the annual reports
of the Federal Deposit Insurance Corporation.
N0.66-COMMERCIAL BANK SUSPENSIONS-NUMBER AND DEPOSITS, BY CLASS OF BANK, 1892-19411
Number
Number
Year
Total
National banks
34
28
11
10
5
66
64
19
9
4
13
22
20
141
139
63
32
35
1901,.
1902_.
65
54
52
125
17
50
35
53
25
Private (unincorporated) banks2
53
90
153
78
58
12
19
8
6
34
58
83
37
40
20
51
33
12
85
78
103
149
152
13
15
20
58
51
75
107
93
22
21
15
27
39
1916..
1917..
1918..
1919..
1920..
15
30
1896...
1897...
1898..
1899...
1900,.
State banks
1911.,
1912..
1913..
1914..
1915..
41
47
33
14
16
23
34
National banks
1906..
1907..
1908..
1909..
1910..
36
194
21
25
491
83
110
Total
52
49
47
62
167
29
35
12
15
10
1
24
Private (unincorporated) banks2
32
228
39
51
1892__.
1893,..
1894..
1895...
1904..
1905..
State banks
Year
13
136
w
Number
Member banks
Total
Deposits (in thousands of dollars)
Nonmember banks
National
State
Member banks
Private
Total
National
Estimated losses
borne3 by depositors (in thousands of dollars)
Nonmember banks
State
State
GO
d
GO
Private
1921.
1922.
1923.
1924.
1925.
505
366
646
775
618
52
49
90
122
118
19
13
32
38
390
281
501
578
433
44
23
23
37
39
172,188
91,182
149,601
210,151
167,555
20,777
20,197
34,244
64,890
55,574
17,363
7,113
12,559
13,645
9,883
125,159
61,964
101,025
123,888
94,547
1,908
1,773
7,728
7,551
6,0
000
38,000
62,000
79,000
61,000
1926..
1927..
1928.
1929..
1930.
976
669
498
659
1,350
123
91
57
64
161
35
31
16
17
27
766
514
406
547
1,104
52
33
19
31
58
260,378
199,329
142,386
230,643
837,096
43,998
45,547
36,483
41,614
170,446
23,466
17,942
10,247
16,459
202,399
183,517
131,503
92,710
164,858
448,989
9,397
4,337
2,946
7,712
15,262
83,000
61,000
44,000
77,000
237,000
1931..
1932..
1933..
1934.,
1935..
2,293
1,453
4,000
57
34
409
276
1,101
1
4
107
55
174
1,697
1,085
2,616
43
30
37
109
13
1,690,232
706,188
3,596,698
36,937
10,015
439,171
214,150
1,610,549
40
5,313
293,957
55,153
783,399
935,947
429,079
1,189,469
35,456
4,702
21,157
7,806
13,281
1,441
391,000
168,000
5000
4,0
10,000
4,000
1936..
1937..
1938..
1939..
1940..
44
59
54
42
22
4
1
4
1
11,306
19,723
10,532
34,998
5,943
507
7,379
36
1,341
256
10,728
10,543
9,731
9,016
5,687
554
12
4,000
5,000
5,000
18,000
14,000
3,726
3,144
GO
1941..
i
42
52
50
34
21
1,708
211
24,629
582
HH
O
2,000
1
2
This table excludes mutual savings banks, data for which are given in Table 72. Deposit figures for suspended banks are not available prior to 1921.
The figures for 1892 and 1900-1919 are for years ending June 30; for 1S93, for the 14 months ending August 31; for 1894-1899, for years ending August 31; and for 1920, for the 18 months ending December
31, 1920. For 1921-1941 the figures for private banks, as for all other classes of banks shown in this table, are for twelve-month periods ending December 31.
3
Figures are from the Annual Report of the Federal Deposit Insurance Corporation for 1940, p. 66, except the figure for 1941, which is an unpublished estimate of the Corporation. For the years 19351941, the figures include some losses in insured banks which were not classified as bank suspensions but which were merged with the financial aid of the Federal Deposit Insurance Corporation. For
the same period, the figures also include about 47 million dollars of losses borne by the Federal Deposit Insurance Corporation. Prior to 1921, figures on estimated losses borne by depositors are available
by periods as follows: 1SSM900, 93 million dollars; 1901-1920, 139 million dollars (Annual Report, p. 62).
to
00
00
NO. IT-COMMERCIAL BANK SUSPENSIONS-NUMBER AND DEPOSITS, BY STATES, tttMMI1
NUMBER
Geographic division
and State
United States-.,--- . .
*\ew England
X
H
2
*
«tKir
Vermont
Middle AtlanticNew York
New Jers6y
Pennsylvania
East North Central .
Ohio
Indiana
Illinois
9
5
4
26
3
6
9
g
Wisconsin
West North Central., Minnesota
Iowa
Missouri _ .
North Dakota
South Dakota
Nebraska
Kansas
South Atlantic
Delaware
Maryland
District of Columbia
Virginia
"West Virginia
<4 tl P
«»._„_..
Georgia. ,.,„.,, ,.,...,..
-----
"•
West South Central ...
Arkansas
i
11
27
63
85
23
22 i
7 '
12
7
7
7
Oklahoma
Texas
Montana
Idaho
Colorado
Arizona
Utah
Nevada
Pacific
g
i
9
6,5
7
13
3
3
2
5
!•€
_„
California
__„
31
12
5
3
For footnote see opposite page.
f
4
31
5
7
4
3
12
297
46
35
22
99
44
17
34
63
5
1
§
16
20
6
14
2
1
1927
1926
618
2
976
1
1928
669
1
I
1
2
8
6
8
6
9
2
[
11
82 i
3
6
39
34
65
31
8 I
4
8
5
5
3
1
17
5
6
6
18
26
12
4
1
1
4
3
2
2
83
6
5
53
19
138
77
IQ
9
18
14 '
§
2
13
5
2
498
3
1
2
4
3
€59
2
8
6
7
1
33
1
68
8
59
11
7
19
23
11
84
10
4
12
g
10
9
7
5
11
91
16
406
55
315
50
530
93
134
58
59
115
25
46
215
1930
1,350
11
25
29
6
15
24
18
6
24
30
9
11
306
65
252
46
51
32
38
7
52
26
105
1
302
31
70
46
37
27
25
36
104
34
23
37
13
152
12
160
1
1
19
3
10
230
55
38
137
6
60
10
8
42
283
25
610
115
457
26
1,337
197
87
125
21
24
415
22
10
14
18
17
30
3
24
5
34
1
22
6
109
43
31
7
27
35
17
7
31
39
152
30
13
4
7
17
2
6
4
1
5
34
65
35
1
7
5
4
26
31
33
8
84
7
70
7
84
16
84
17
44
14
!
3
23
3
2
3
15
10
3
1
17
12
3
2
12
6
3
3
1
12
2
5
5
4
28
35
19
2
7
2
4
1
1
2
22
4
12
6
3
5
22
9
1
2
§
2
1
5
2
3
21
10
12
1
3
1
5
1
j
12
7
1
4
25
11
96
38
18
30
152
39
28
18
12
43
38
32
200
134
174
57
94
13
295
79
5
3
12
3
2
7
14
32
35
96
8
24
2
21
24
5
9
2
54
22 i
14
18
7
14
16
87
1
25
3
9
1
8
1
1
1
1
5
9
7
12
1
31
38
56
5 !
3
2
1
1,144
122
35
17
150
27
7
24
86
62
11
10
3 !
12
2
8
2
445
61
29
34
59
10
22
34
25
11
1
34
14
2
I
5
37
57
63
34
28
26
33 1
59
84
73
118
21
16
3
59
7
4
6
2
149
62
38
49
1936
57
208
245
321
366
416
255
44
27
203
77
326
3
70
14
43
49
68
31
20
7
5
8
22
1935
68
209
87
67
147
80
14
23
51
69
109
1
4
4
9
6
31
18
3
4
5
14
24
10
21
37
30
8
4
3
14
717
101
20
10
93
27
4
2
12
45
4
20
39
56
16
96
238
113
48
208
122
66
73
109
38
263
3
4
16
41
2
50
25
123
45
7
33
9
53
2
2
87
103
59
55
46
43
223
4
2
11
25
43
12
4,000
7
30
g
3
19
86
44
32
63
21
19
100
12
14
8
1,453
9 1
83
33
6
18
20
1
5
396
107
70
219
83
43
75
113
21
16
75
6
10
3
2,293
1934
1933
1932
1931
2
2
37
3
1
3
1929
11
5
1
5
2
5
1
74
775
g
8
4
8
4
4
2
10$
15
12
11
13
11
24
20
58
138
18
24
16
37
3
29
11
105
4
East South Centra L.Kentucky,,.,.,.
Tennessee
,'
1
§
1
2
2
18
1
1925
1
1
1
Rhode Island
TVf ' , *
1924
64$
3
1
366
1
505
'
1923
1922
1921
44
1
1
1
1
21
I
7 •!
5
3
1
5
1
3
5
2
j
1
2
(1
j
i
i
1
14
1
3
2
1937
1940
1939
1938
59
54
42
1
22
8
4
1
2
1
7
2
1
5
3
1
1
8
4
1
7
1 1
2 i
3
2
1
3
2
2
1
2
2
2
1
1
4
27
1
30
1
4
11
1
2
1
3
3
11
6
6
2
6
7
12
2
4
1
i
6
i
i
i
3
3
9
6
3
7
1
2
6
4
1
1
9
7
6
3
6
1
1
3
5
1
1
1
1
1
1
4
1
1
1
1
.._....
1
1
s
o
1
2
........
2
2
„ r- .
2
5
o
*
1
1
i
W
i—(
1
1
1
1
1
1
8
2
4
121
1
2
2
1
1
1
4
1
3
2
1
1
2
1
7
1
i
1941
!
3
i
2
1
1
3
1
1
DEPOSITS
[In thousands of dollars]
Geographic division
and State
1921
1922
1923
1924
United States ..
173,188 91,183 149,601 210,151
New England
_ 15,481
1,884
1,684
Maine
459
New Hampshire ..
Vermont ._
.
Massachusetts
293
13,317
Rhode Island
1,132
Connecticut
2,164
1 684
Middle Atlantic
5,238
17,996
2,74«
2,021
New York
2
13,920
1,774
273
New Jersey
555
Pennsylvania
3 176
972
1,193
5 236
East North Central,.. 11,477
6,763 11,877
7,477
Ohio
513
553
4,355
Indiana
800
5,062
1 675
653
5,594
Illinois
1,218
3,585
3,877
Michigan
743
4 570
624
246
237
Wisconsin
1,519
1,770
West North Central. . 30,537 34,826 63,468 121,139
4,742
Minnesota
2,970
7,761 20,659
8,910 34,965
6,466
lowa..
1,637
6,616
2,536
9,974
Missouri
5,158
2,242 13,410
North Dakota.
5,362
9,498
South Dakota
697
2,545 11,938 36,487
3,030
Nebraska
7,745
4,876
5,656
2,989
4,680
Kansas
4,618 10,803
South Atlantic..,
19,585 14,044 11,127
9,547
Delaware
Maryland
665
766
District of Columbia
Virginia...
917
1,172
624
886
West Virginia.,. .
247
535
539
North Carolina
1,836
1,867
2,874
3,319
South Carolina
3,194
3,311
3,120
4,945
Georgia
721
8,995
3,292
2 814
Florida
_.
3,326
327
1,004
3,007
East South Central... 4,390
2,207
4,460
1,814
Kentucky
342
1,292
437
918
Tennessee
1 472
220
617
2 041
814
Alabama
127
927
Mississippi
1,252
171
1,667
574
West South Central.. 30,746 19,943 17,481 20,147
Arkansas
771
912
1,127
1,781
Louisiana
1,397
1,253
535
137
Oklahoma
8,624
7,953 11,694 11,058
20,625
Texas
4 107 10 474
5,869
Mountain.
21,841 14,044 35,573 39,586
Montana... _,
6,559
6,733 19,618 11,723
Idaho
7,377
1,018
2,607
1,986
Wyoming.. __
1,513 13,196
598
342
Colorado
964
1,386
4,689
1,806
New Mexico _ _
1,154
9,114
949
4,309
Arizona
_. _ _ 4,312
1,862
1,366
2,276
Utah
1,672
877
395
561
Nevada
82
Pacific... .
21,035
3 365
7,737
1,746
Washington __ . - 16,949
2,341
961
824
Oregon
4,739
2,457
495
470
Calif ornia.
554
2,027
427
1,629
1925
1926
1927
1928
1930
1931
167,555 260,378 199,329 142,386 230,643 837,096 1,690,232
783
1,513
117,038
1,461
33,953
783
2,254
1,002
1,381
1,655
4,708
95,408
1,273
80
240
17,590
18,374
9,640
18,754
1,400 26, 558 248,832
1,805
436,716
1,357 12,630 183,680
438
92,801
2,993
5,800
73,128
9,202
43
10 754
1,805
8,128 62 159
270 787
6,634 16,567 34,532 17,538 35,534 142,626
627,413
3,884
6,368
163
5,143
260,439
3,479 30,031
1,421
5,994
1,066 12,437
7,991 35 932
63 890
4,885 16,872 61,283
5,405 11,174
2,439
175,978
1,749
335 3,858
2,263
6 486
102 841
2,794
2,354
2,276
1,516
8,894
4,929
24,264
82,967 139,090 65,405 48,450 56,604 88,365
190,081
15,686 23,190 13,632
9,475
3,034
7,823
25,313
8,989 30,911
32,910 53,287 22,317 13,535
86,222
5,658
6,379 13,551
3,905
2,867 17,949
22 899
5,400
3,915
5,504
8,365
3,884
5,057
8,170
4,702
15,510 27,698
1,940
1,622 10 953
12 971
5,752
6,869
8,289
9,626 29,570 10,375
28,137
5,407
2,815
4,465
1,849 10 086
6,130
6 369
19,307 68,111 46,948 47,931 72,172 130,766
138,587
533
338
1,599
3,198
8,576
5,201
395
3,923
505
1 787
398
1,233
19,396
2,891
512
7,155
8,838
20,378
2,449
2,588
266
9,062
2,750
3,099
164
2,735
1,678
442
615
901
184
2,512
13,269
18,046
33,199
9,080
1,747
5,304
385
1,644
16,151
3,714
2,098
2,789
7,550
3,592
619
618
213
2,168
74
5,982
221
1,364
4,397
213
2,154
5,478
7,061
1,623
30,419
10,116
1,547
3,106
3,219
2,244
17,249
3,592
628
7,045
5,984
3,077
138
1,962
164
318
60
78
357
il,589
4,225
3,465
3,899
243
947
4,656
25,775
1,897
1,396
5,816
1,738
6,575 10,276
1,852
6,934 56,178
7,394
4,798
7,455
15,424
5,637
2,455
19,093 .48,824 40, 748
7,018
8,630 121,088
1,968
631 62,455
2,001 28 547
3 419
4,264
61
9,216
1,570
1,734 20,870
12,758
8,112 63,052
3,428
2,110 41,471
569
5,365
4,452
1,145
4,435
7,616
1,550 11,781
1,848
7,614
6,655
15
2,236
176
1,281
303
46
857
16,792
37,832
29,791
9,947
8,515
9,935
57,970
18,132
5 583
6,759
27,496
69,263
11,744
4,712
3,404
49 403
19,909
1,136
2,290
1,031
3,234
3,245
1,230
2,968
8,326
10,800
1,082
33,256
10,429
9,460
13,367
764
620
146
3,930
805
3,125
i Figures exclude mutual savings banks, data for which are given in Table 72, p. 292.
1929
420
1,176
94
3,508
16,378
9,852
2,074
4,452
164
9,554
752
172
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
706,188 3 596,698 36 937 10 015 11,306 19,723 10,533 34,998 5,943 * ttfi
464
63,385
195,739
1,050
93,981
7,071
23,433
20,400
59,631
2,491
464
9,122
42,885
1,050
667,364 30 345 5,194 1,120
80,632
4 019
734 36,794 3,094 1 505
304
15,316
161,384 7,059
1,982
987
649 1,120 1,708
367 26,088
117,869 22 114
14,369
329
706 2,107 1,201
357
50 937
328 111 1 172 4 545
237,514 1,670,350 3,870 1,723 4,024 1,603
577 1,075
4,297 1,330
722
8,293
261 1,875
493,027
332
829
191
37 216
18 2,149
149
110 261 2 037
168
349
610 2,800
102
126,878
29
158,274
22
48
36 358
59
787 801
qo7
386
164 1,143 1,079
714 1,355
18,769
120,987
156
974
134,001
318,486 1,731 1,303 2,559 6,750 3,673 1,371
82
112
73
285
11 869
23 921
348
444
75,710
115,882
155 3,858
156
89
225
882 1 547 1 855
806
13 903
117 113 1 311
632
137
283
421
1,066
9,897
46
52
534 1,532
5 183
4 402
641
158
6,884
194
243
96
31,160
275
72
256
9 386
226
220
16 111
170
476
354,264
2,109
62,639
734
67
592
873
792
5,520
3 497
879
922
14,129
28,976
3,947
3,977
23,040
10,493
4 806
5,797
1,944
23,133
925
5,432
8,240
8,526
49,998
1,364
11,620
878
2,844
83
5,862
9,816
17,531
51,966
23,764
8,032
20,170
585
152,652
43,281
36,529
34,061
44,584
27,142
7,123
8,307
74,535
18,653
29 342
11,591
14,949
238,668
28,947
164,799
15,753
19 169
33,993
5,658
3,102
467
313
169
236
136
285
68
68
36
36
11
844
11
559
285
40
40
293
934
2,251
114,309
29,230
13,193
71,886
67
183
183
182
410
435
128
154
153
2,118
2,904
2,582
322
2,284
157
1 406
248
712
1 879
54
54
i
42
275
205
179
892
513
3,638
2,713
410
410
871
733
790
192
413
179
811
117
481
119
119
147
265
732
79
278
101
49
53
36
8
8
12,787
7,067
901
63
1,172
W
I
o
159
669
925
NO. 68-NATIONAL BANK SUSPENSIONS-NUMBER AND DEPOSITS, BY STATES, 1921-1141
NUMBER
Geographic division
and State
1921
C»
New England
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Middle Atlantic
New York
New Jersey
Pe nns y 1 vani a
East North Central
Ohio
Indiana
Illinois
Michigan
WiseQngi n
West North Central
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
South Atlantic
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Oeorgia
Florida
East South Central
Kentucky
Tennessee
Alabama
Mississippi
West South Central
Arkansas
Louisiana
Oklahoma
Texas
^Mountain
Montana
Idaho
"Wyoming
Colorado
Nt*w Mexico
Arizona
Utah
Pacific
"Wash i ngto n
California
1924
1923
1922
1925
j»
1927
1926
Q1
118
1
1
1
64
2
1
1
3
1
2
1
1
1
1
7
3
2
2
1
g
1
4
3
2
1
9
2
2
4
6
9
2
3
2
1
2
2
1
4
1
1
3
46
8
4
1
52
15
16
7
12
1
4
9
14
8
3
4
1
11
2
2
4
4 I
3
3
.
j
1
28
4
1
1
14
5
2
18
1
74
14
31
2
11
12
3
5
44
12
2!
1
4
2
3
1
7
1
10
2
3
4
1
24
3
6
1
5
2
3
4
14
1
j
8
2
1
4
1
22
1
8
1
8
3
1
21
8
1
1
6
30
3
4
20
2
1
38
1
13
6
8
3
4
3
28
1
I
1
13
§
10
17
7
7
1
1
1
1
1
2 i
1
2
1
1
14
1
1
S
4
16
9
1
1
3
1
2
2
3
1
1
20
15
15
3
1
3
1
2
2
1
2
1
2
1
18
3
16
2
6
9
6
42
13
8
6
3
1
2
2
4
1
9
6
22
q
4
8
7
7
2
1
7
17
3
28
17
5
2
12
j
3
5
2 1
2
1
1
3
5
3
1
4
9
2
3
1
4
5
7
1
1
1
2
2
e
*
2
2
1
1
82
24
16
42
85
19
8
37
14
7
84
13
21
12
13
13
8
4
53
1
33
8
5
20
69
2
12
46
5
4
62
9
24
8
3
6
3
9
24
1
3
2
1
6
5
j
1
2
1
1933
lAft
1
1
1
1932
1931
1930
1929
1928
1
1
1
1
4
3
11
3
2
1
4
1
1
2
3
1
1
1
6
18
14
5
4
3
24
4
4
8
8
40
8
2
30
17
3
4
1
9
10
IS
3
6
1
7
1
j
6
1
........
..........
e
2
1
2
5
2
3
g
1
2
4
1
2
2
.3
8
2
20
10
3
6
1
21
2
5
10
4
3
4
16
3
3
7
3
34
13
1
6
14
3
2
1
3
1
1
2
18
6
4
§
2
27
5
14
1934
1935
1936
1937
1938
1 101
' 50
1939
1940
1941
1
17
5
14
14
1
282
84
53
145
301
58
44
107
54
38
170
27
67
13
10
7
25
21
96
1
24
4
17
21
10
6
9
4
48
20
14
11
3
63
8
8
IS
32
40
5
3
26
3
1
1
51
18
11
22
,
1
2
1
i
1
1
1
bd
1
I
2
O
1
1
1
1
1
1
1
1
]
a
o
1
1
1
1
I
2
1
1
i
i
1
j
1
1
-- --
- -.
------
I
1
DEPOSITS
[In thousands of dollars]
Geographic division
and State
United States . _ .
New England
Maine
New Hampshire
Vermont
Massachusetts.
Rhode Island
Connecticut .__
Middle Atlantic
New York . .
New Jersey
Pennsylvania
East North Central
Ohio...
Indiana
Illinois
Michigan
"Wisconsin
West North Central
M i n nesota
Iowa
•
Missouri
North Dakota
South Dakota
Nebraska
Kansas
South Atlantic..
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
East South Central .
Kentucky
Tennessee
Alabama
Mississippi __.
West South Central
Arkansas
Louisiana
Oklahoma . .
Texas
Mountain
Montana
Idaho
Wyoming
Colorado
New Mexico.
Arizona.. . __
'
Utah
Nevada..
Pacific
Washington „
Oregon.,
.
California
1921
1922
1923
20,777
20,197
34,244
293
1924
1925
64, 890 55,574
1 684
1926
1927
43,998
45,547
467
51
51
3,411
631
354
384
2 042
349
1,684
1 101
828
273
555
'soi
1 016 4 158
4,081
1,016
300
1 728
599
77
1 983 7 560
1 203
277
99
150
445 3 036
560
1 774
701
613
685
3,996
2 142
121
183
182
8,141
2,220
5,921
5,421
1,313
3,384
187
159
378
494
1 129
22 985
4 556
3,887
2 308
7 598
3 177
1 459
1,875
1 614
34
355
556
161
791
745
600
635
653
1,601
2,112
403
438
1,271
964
1,867
1,363
161
5 088
476
41
3,475
1 096
5,818
2,649
280
3 601
586
441
1 023
2 528
2 211
395
200
200
8 958 11 217
7 369
6 930 3 301 5 157
2 028
2 212
7 916
9 802 22 546 11 559
6 197 4 166
1 486
1 741 1 385 1 272
272
8 882
7 607
1,286
714
6 548
1 194
878
279
1,307
540
1,307
301
239
36,483 41,614 170,446
1 373
862
8 131
8 131
5 276
2,107
1 803
483
129
708
175
252
396
24 155 29 085 18 152
4 524
8 845 6 046
8,218
8 512 14 278
251
255
274
1 472 3 078
1 691
533
4 474
4 108
597
1 020 2 660
275
281
6 598 1 895 5,097
3 601
525
154
446
46*
1930
1,273
586
3 214
1 653
529
780
766
228
1929
862
293
1,110
643
1928
1 154
1 154
1 567
952
193
422
594
812
489
907
284
2,641
349
1,823
581
251
75
4 654
911
3 650
215
1 335
2 408
985
106
89
2,054
1 381
1,352
24
1 328
3 803
1,103
598
1 312
790
11 345
2 474
2,825
551
2 691
700
1 230
874
15,804
533
273
1,153
1,336
11,904
605
2 451
207
845
1,566
2,234
607
11,337
824
696
128
1 609 1,357
364
564
1 045
137
137
207
786
1,577
176
985
416
790
% 672
221
1 329 5 926
458
676
1 229 4 792
4 002 21 364
947
5,421
328
1 816
2 436 12 409
291
1 558
160
6 237 23 534
197
493
3,300 13,957
354
1 045
1 191
1 172
978
689
966
4,923
506
16,796 34,600
3 889
2 513
2,043
1 846
2,512
1931
2,697
151 111 44 904
22,461 12,016
26,728 10,680
101,922 22,208
105 401 65 406
1,678
26,027
10,814 11,366
46 534 46 796
2,634
15,963
2 932
6 066
27,713 39 922
4 524
2 302
6,061 18,314
4,324
5,486
243
1 499
1,027
2,886
408
5 651
3,304
1,605
43,724 18,067
792
839
3,016
7,713
13,659
13,091
1,308
1,513
3,424
25,930
8,621
2,127
1,994
13,188
25,577
3,026
82
1,099
752
402
94
5,380
924
754
4,456
1933
439,171 214,150 1,610,549
85,443
4,031
39,824
40,023
5,373
402
16,691
23,355
1,334
39,422
512
5 703
11,366
3,176
1,105
12,738
58,377
38,379
13,195
2,821
3,982
20,151
6,362
1,888
2,121
9 780
253
170
9 593
8,838
1932
233
22,318
4,027
425
1,255
15,862
4,573
1,419
9,870
339
411
9,967
3,239
986
1,494
9,412
4,186
1,616
3,155
455
8,925
85
680
4,219
3,941
15,124
716
7,408
1,090
354
5,556
18,359
3,955
3,731
10,673
398,158
122,261
65,772
210,125
778,221
50,882
55,931
73,666
569,309
28,433
85,889
8,671
23,559
31,780
5,902
1,934
7,336
6,707
107,530
199
19,674
28,519
10,894
16,060
9,035
17,994
2,168
2,987
45,597
13,791
24,381
3,827
3,598
24,885
1,6~84
6,843
7,348
9,010
18,279
1,447
1,620
9,085
4,712
311
386
718
66,548
19,561
6,909
40,078
1934
1935
1936
1937
40
5,313
507
7,379
1938
1939
36
€
4,545
3,311
1,982
4,545
261
261
1,341
464
1940
256 3,144
464
i,505
304
329
194
507
1,201
907
3,594
285
285
3,594
194
1941
256
907
507
313
592
313
256
182
410
1,474
1,474
36
40
40
36
733
732
NO. 69-STATE MEMBER BANK SUSPENSIONS-NUMBER AND DEPOSITS, BY STATES, 1921-1441
NUMBER
Geographic division
and State1
United States
New England
Maine
Massachusetts
Rhode Island
Connecticut _
Middle Atlantic
New York
New Jersey
1921
1922
10
32
38
1929
1928
1927
1926
1931
1930
1982
28
j
2
i
2
1
i
i
1
........
8
1
4
1
2
15
2
9
1
3
3
1
1
35
1
1
I
1
2
2
8
2
4
1
1
%
1
1
18
1
15 1
2
31
'17
27
3
1
174
6
1
3
1
1
14
3
5
6
75
12
5
6
50
2
26
1
6
18
2
16
i
I
7
4
7
1
i
2
3
1
4
4
I
1
17
11
2
1
2
2
2
9
1
3
1
1
5
1
9
4
2
3
1
1
e
3
1
2
3
2
1
7
7
5
7
1
3
2
1
4
2
2
5
1
1
3
4
2
1
1
1
5
1
1
I
8
6
1
1
1
1
i
1
4
1
2
8
i
6
9
1935
1936
1937
1938
1939
2
1940
4
1
1
2
1
18
8
4
2
45
15
2
5
23
5
1
3
1
11
1
2
I
1
1
4
2
1
3
i
t
2
5
1
2
4
1
1
5
1
1
1
1
1
1
1
1
3
15
6
5
1
1
9
4
3
4
2
2
1
1
I
3
1
2
3
1
::::::::
1
1
1
1
1
2
2
€
2
3
2
9
5
4
1 j
2
2
2
2
w
1
1
Q
1
i
I
2
2
1
2
4
1
2
6
3
1
1
11
11
1
4
1
3
4
3
$
1
i
22
i
a
2
1
3
1
1
1
16
6
3
1
6
6
4
]
1
18
9
7
2
rail
3
10
2
55
1
6 I
1
3
1
107
1
1
1
4
6
4
2
1934
1933
-
2
1
1
For footnote see opposite page.
13
1925
1
Pennsylvania
East North Central _
Ohio
Indiana
Illinois
Michigan
Wisconsin
West North Central .
Minnesota
Iowa
Missouri - South Dakota
Nebraska
Kansas., _ _ _ _ _ _ _ _ _ _ _
South Atlantic.. _ _ _ _ _
Maryland
"Virginia
West Virginia
North Carolina
South Carolina,,, „..
Georgia
Florida
East South Central __
Kentucky
Tennessee
Alabama
Mississippi
West South Central., _
Arkansas _ Louisiana
Oklahoma
. . __
Texas
_ _ _ _ _ _ __
Mountain
_ „____
Montana
Idaho...___.___
„_
Wyoming
New Mexico. „ _ _ _ _
Utah
Pacific „ _ _ „ _ „
Washington
.....
Oregon _ _ _ _ _ _ _ „ „ „ _ _ _
California. „__ . „ „ „ „ „ _
1924
1923
. .
-
i
_-_.__!
DEPOSITS
[In thousands of dollars]
Geographic division
and State1
1921
17,363
United States
New England . ,.Maine.
Massachusetts.
Rhode Island.
Connecticut
_
Middle Atlantic
New York
New Jersey
Pennsylvania
East North Central
Ohio
Indiana
. - -Illinois
Michigan
-..
Wisconsin
West North Central.. 3,145
Minnesota..
950
Iowa,
Missouri
468
South Dakota
Nebraska
_,_
731
Kansas
South Atlantic
495
Maryland... ... „
Virginia
West Virginia
North Carolina
South Carolina
Georgia. _
405
Florida
....
East South Central...
646
Kentucky..
Tennessee
Alabama.
646
MississippiWest South Central.. 2,039
Arkansas
Louisiana
Oklahoma
Texas
2,039
Mountain
1,39$
Montana..
352
Idaho
.....
880
Wyoming.
New Mexico
_
90
Utah
74
Pacific
.. _ _ _ _ _ 10,728
Washington. -.._ -_ 10,508
Oregon
220
California __
1
1924
1925
1926
1927
1928
7,115
12,559
13,645
9 $83
38 466
17,942
10,247
1930
16 459 202 399
lei, 279
161,000
279
3,136
3,136
1,198
419
455
743
419
2,563
190
989
662
662
23
155
6,509
576
3,285
242
2,406
298
219
155
993
219
5,829
5,605
37
187
19,028
648
16,122
2,258
298
1,360
1,116
110
299
694
1,250
1,116
78
494
94
2,m
2,219
1,735
1,230
434
71
1,634
1,363
187
84
6,926
5,031
585
749
561
78
954
520
101
1,649
333
4,485
2,595
1,588
623
3,388
1 428
216
1,744
1,273
1,034
239
3,408
2,519
2,968
199
2,519
1,700
903
797
2,171
1,201
970
10,496
532
321
9,643
798
330
163
305
1933
293,957
3,299
55,153
10,258
10,258
€9,728
44,351
12,812
12,565
157,761
90,603
10,823
16,984
39,951
1,309
455
783,399
37,781
2,728
31,375
2,491
1,187
50,286
5,834
31,514
12,938
448,569
357,162
10,899
5,054
74,615
839
34,482
118
2,606
31,646
112
839
59,473
36,451
17,625
389
2,381
1,461
839
469
3,632
2,347
2,048
579
1,341
31,704
496
30,051
1,157
241
94
23
61
620
445
175
4,141
2,696
85
1,360
3,200
6,142
432
379
5,331
22
494
2,314
940
131
1,243
11,972
708
521
10,743
135
1,638
18,955
7,363
6,497
5,561
1,515
3,673
534
745
359
15,722
14,209
501
113
356
135
3,178
52
15,093
2,348
1,090
12,745
1,236
1,036
762
173
2,477
648
147
206
1,461
11,665
11,640
1,829
147
166
206
25
718
852
114
505
7,150
797
512
26,318
166
1,285
126
531
4§3
208
507
626
142,544
18,851
123,133
115
445
1,713
1,085
357
1,271
187
187
State listed only in cases where suspensions occurred.
1929
1932
481
1923
1931
3,299
1922
in
295
233
476
192
295
476
275
275
718
S3
83
474
863
271
7,517
4,174
2,521
1,653
7,210
3,319
2,633
1,258
391
6,916
210
1934
1935
1936
1937
1938
1939
1,708
24,527
1,708
1941
211 24 629
1,708
1940
24,527
102
102
211
211
w
w
§
s
hi
I
co
NO. 70-NONMEMBER BANK SUSPENSIONS (OTHER THAN PRIVATE AND MUTUAL SAVINGS BANKS)-NUMBER AND DEPOSITS, BY STATES, 1911-1*41
NUMBER
Geographic division
and State
United States
Maine
New Hampshire
M assac h us 6 1 ts
Rhode Island
Conn6cticut
Middle Atlantic
\ew York
New Jersey
East North Central-.Ohio
Indiana
Illinois
Michigan
Wisconsin
West North Central^
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nfbraska
Kansas
South Atlantic
Delaware
Maryland
District of Columbia
Virginia
AVest Virginia
North Carolina
South Carolina
Georgia
Florida
East South CentraL.,.,
Kentucky
Tennessee
Alabama
Mississippi
West South Central..
Arkansa^
Louisiana
Oklahoma
Texas
IVIountain
Montana
Idaho
Wyoming
Colorado
New Mfxioo
Arizona
Utah
Nevada
Pacific
Washington
Oregon
California
1922
1921
390
281
2 *""•-•
I
1925
1924
1923
57S
501
2
1
........
766
1929
1928
514
1
1
466
1
2
1
1
7
._
1
4
13
3
1
•9
6
2
2
1
2
2
1
1
1
4
20
26
1
29
1
4
10
1
6
1
14
1
2
2
31
6
6
2
6
7
11 1
2
4
1
10
331
45
238
35
432
78
343
53
313
43
373
28
356
21
604
87
367
52
925
94
1
1
1
47
42
25
50
20
19
72
74
54
48
101
22
45
199
32
44
33
25
22
34
83
32
31
33
4
49
20
86
21
22
29
13
149
11
117
1
1
55
96
51
51
42
40
188
160
109
53
60
101
34
197
111
71
11
16
46
60
83
1
15
320
224
34
20
177
56
320
2
44
10
24
26
57
25
7
25
t)5
13
13
62
y
4
»
13
2
9
3
20
5
30
6
16
]
2
7
3
3
4
14
10
3
1
1
1
1
5
8
5
2
3
12
35
20
9
5
3
1
1
2
3
7
3
2
11
22
21
3
1
14
5
rj
3
7
6
2
1
5
IB
26
6 '
6
130
132
184
326
5
1
7
15
17
g
2
5
7
1
47
152
61
63
4
|
14
q
61
6
11
5
6
8
12
42
98
42
4
4
12
18
17
28
7
4
5
16
22
32
g
13
16
13
13
52
18
5
83
22
25
34
30
35
49
27
27
14
3
4
7
4
26
15
15
g
26
7
31
8
17
7
31
1
131
26
134
23
73
27
100
19
12
11
7
26
26
53
26
27
4g
25
9
11
28
25
28
37
11
159
118
108
42
64
11
213
65
61
6
40
7
9
7
22
37
41
8
4
3
14
12
23
18
73
4
16
2
18
1
B
12
14
48
68
31
72
12
12
3
33
4
3
4
1
SO
35
20
25
3
9
12
2
5
56
11
1
41
13
67
24
3
22
6
8
3
4
10
19
38
3
2
3
S
3
1
11
0
6
4
1
1
5
2
s
9
13
23
33
6
3
3
10
3
2
10
1
6
4
1
5
61
13
35
14
4
20
24
10
3
3
15
7
1
2
1
4
1
1
1
13
4
2
3
20
6
9
2
1
4
1
10
16
21
9
1
4
5
2
1
4
2
2
2 !
1
9
5
1
3
8
1
2
5
i
4
6
2
30
14
7
9
51
18
14
19
1941
4
3
2
1
5
81
196
62
41
2
5
35
7
93
49
3
7
38
10
6
3
1
73
102
4
23
66
21
1
19
26
1
10
59
40
34
1
19
13
11
11
9
23
20
51
50
2
20
25
3
14
IB
15
35
1
24
11
97
53
1
1
4
15
§
34
42
1
1940
1939
1938
2
5
6
2
10
25
3
30
1937
1936
11
2
8
1
14
885
113
254
41
53
5
4
95
18
12
65
1
344
21
96
15
5
31
17
40
18
3
4
5
25
2
2
21
451
71
130
18
55
2
1
g
118
20
18
80
i
221
19
11
11
24
29
59
13
11
13
4
1935
37
15
1
4
3
64
g
4
11
1
2,61$
44
7
5
4
1
4
69
6
j
5
4
1
2
23
20
85 f
37
15
33
57
1,085
34
2
1
7
71
9
3
0
!
3
1,«97
1,104
•" •
43
1
12
tt
547
1934
1933
1932
1931
34
5
1
4
31
13
2
1930
1
4
2
433
2
1
i
1
1927
1920
7
5
3
5
3
4
2
2
1
3
1
3
1
1
1
2
1
2
1
3
i
i
1
1
i
i
4
6
3
3
2
5
i
3
3
1
1
7
1
5
3
1
1
1
"•--'—
1
4
3
Kj
9
7
Si
2
2
>
H
1
2
6
1
3
1
1
1
4
1
1
1
2
1
I
1
o
1
1
2
6
4
1
1
1
8
5
5
1
1
1
1
i
8
2
2
2
1
1
1
........
O
cc
DEPOSITS
[In thousands of dollars]
Geographic division
and State
United States
New England
Maine
New Hampshire
Vermont
M assac h us etts
Rhode Island
Connecticut
Middle Atlantic
_
New York
New Jersey
Pennsylvania
East North Central. __
Ohio
Indiana
Illinois
Michigan
Wisconsin
West North Central..
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
South Atlantic
Dela ware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
East South Central. ._
Kentucky
Tennessee
Alabama
Mississi ppi- .--.„-.
West South Central..
Arkansas
Louisiana
Oklahoma
Texas
Mountain. _
Montana
Idaho
"Wyoming
Colorado
New Mexico
Arizona
Utah
Nevada
Pacific
Washington
Oregon
California. -
1921
125,159
15,481
1922
1923
1924
61,964 101,025 123,888
1,591
459
1925
1926
1927
94,547 183,517 131,503
783
1,461
783
1,381
1928
1929
92,710 164,858 448,989
18,616
793
4,708
13,317
2,164
15,337
12,618
24,527
4 742
4,435
2,068
5,008
313
4,972
2,989
18 603
5,236
3,527
826
1,218
246
237
32,523
2,970
1,040
5,158
1,797
1,985
4,955
4,618
9,995
5,236
6,367
222
1,018
3,585
672
672 "
5,125
553
653
3,278
4,600
4,600
5,483
163
894
2,310
235
1,880
50,066
6,841
15,876
6,087
2,443
10,849
5,155
2,815
11,361
1,442
51,410
6,368
6,827
5,804
10,374
9,502
2,417
10,118
8,687
641
87,627
15,527
24,434
9,540
7,190
26 016
1,699
3,221
6,582
392
1,091
12,355
651
1,212
8,219
2,273
6,491
2,854
304
342
751
296
1,862
1,705
3,194
389
3,007
1,416
547
617
81
171
6,367
418
535
3,941
1,473
18,845
8,390
281
1,241
4,689
2,846
1,398
3,645
505
1 , 787
120
1,233
8,857
2,891
512
1,937
3,517
8,199
518
1,141
266
1,455
1,556
3,099
164
82
6,420
961
4,739
720
208
247
1,867
2,466
1,467
327
3,766
918
1,887
387
574
7,699
392
36
5,323
1,948
10,393
2,804
601
3,691
520
1,295
1,366
116
1,206
824
194
188
2,024
1,000
470
554
976
726
57
193
515
515
9,208
2,007
474
4,625
2,102
87,931
16,496
20,391
11,019
5,287
23,040
5,849
5,849
64,870
1,071
43
1,071
25,207
2,455
10,287
8,947
899
2,619
41,458
9,108
8,744
5,208
3,709
4,169
5,629
4,891
37,134
43
13,344
3,006
5,278
3,334
213
1,870
2,837
4,016
962
27,236
6,916
1,547
3,084
41
2,244
10,859
2,665
628
4,991
2,575
851
1,897
1,465
699
5,626
3,126
13,157
7,018
1,968
3,419
61
1,570
10,594
3,428
569
581
6,016
1,545
15
129
142
318
60
78
124
764
726
33,778
7,001
7,863
3,354
2,813
893
8,396
3,458
25,970
665
689
535
1,836
3,311
8,449
3,118
3,562
437
1,472
168
1,485
18,711
771
1,397
5,733
10,810
14,664
4,534
3,113
598
777
905
3,934
803
8,195
6,038
1,799
358
624
539
1,007
3,582
3,239
1,004
1,653
342
220
1931
1932
1933
1934
935,947 429,079 1,189,469 35,456
73,415 48,996
72,506
2 254
51 230
600
1,698
6,742
52,687
8,808
4,901
1535
1936
1937
4,702 10,728 10,543
1,050
1938
1939
1940
1941
9,731
9,016 5,687
583
80
1,132-
2,709
6,089
180
315
5,594
1930
308
1,158
2,175
5,938
1,682
307
184
2,512
12,457
16,700
32,710
7,679
1,747
4,723
134
1,075
7,692
1,863
1,967
1,454
2,408
2,607
413
529
213
1,378
74
3,015
1,069
1,946
7,224
4,225
946
2,053
620
146
1,418
805
613
13,115
19,879 T80.564
7,180 21 223
2,038
5,800
6,899 57,303
38,763 106,073
2,532 23,762
7,046 32,631
14,436 39,231
1 715
617
4,132
8,734
47,339 59,204
6,425
2,541
3,852 1 1 , 795
2,513 16,741
2,693
3,885
1,622
9,670
28,881
9,409
1,343
5,163
43,078 94,528
243
947
4,656
1,189
5,730
4,660
2,564
1,001
26,744
7,671
631
2,001
3,433
1,606
6,549
1,746
4,245
558
5,078
296
420
760
94
5,304
4,573
44,812
3,745
3,787
27,651
46,989
9,867
15,352
6,343
15,427
31,034
23,469
3,477
2,314
1,774
6,614
2,066
' 46
775
3,245
512
3,508
6,511
739
2,074
3,698
5,337
75
164
5,098
17,874 40,188
308,731 34,409
3,300
25,345
2,892
33,588
149,798 28,217
360,539 133,192
143,203
6,406
41,838 23,778
112,460 61,127
44 830 25 044
18,198 15,837
123,781 85,288
20,293
9,567
43,226 49,989
9,124
16,256
6,671
823
10 085
3 708
22,486
5,995
6,082
4,764
87,713 43,733
22,759
7,564
20,500
16,700
8,138
5,541
6,511
31,571
9,511
3,343
4,409
14,308
25,684
6,233
4,712
3,171
11,568
14,646
711
273
1,031
2,135
2,566
7,758
172
9,877
5,465
1,125
3,287
4,681
3,497
540
511
4,162
25,737
2,122
2,483
9,996
3,960
3,190
1,357
1,489
11,527
714
4,221
4,021
2,571
33,505
315
4,039
878
1,754
83
5,508
8,953
11,975
29,433
17,288
2,648
9,497
7,935
157,402 30,235
32,334 7,059
20,583 22,114
104,485 1,062
435,667 3,611
82,879
40,643 1,500
79,554
349
140 876
48
91,715
714
191,422 1,659
15,132
73
86,024
53,687 1,311
3,995
2 468
23,712
275
9,404
187,361
873
386
96,527
14,762
8,010
467
17,612
33,168
9,148
169
2,907
236
4,741
37,469
68
4,862
68
4,753
7,129
10,725
61,190
11
8,412
34,823
11
8,290
9,665
13,001
3,126
1,125
293
3,702
2,355
623
1,594
183
40,551
6,350
3,651
30,550
649
1,050
1,120
367
3,367 3,091
649
1 120
367
1,461
3,953
1,875
2,078
987
1 561
706 2,107
577
1,216
18
29
59
1,355
1,108
2,052
882
155
1,547
46
134
226
421
170
1,510
4,100
736
610
135
2,800
22
1,143
3,462
112
348
806
632
1 321
243
164
3,156
82
264
1,855
421
534
2 109
137
191
1,079
986
386
718
444
89
137
96
220
67
136
285
435
128
154
844
153
2,118
1,406
559
285
712
183
w
156
GQ
o
25
67
42
275
179
1,430
1,108
322
892
513
278
101
3,638
2,713
925
410
410
2,284
157
248
835
733
49
53
790
192
«3
179
79
1,879
51
54
117
481
119
119
147
265
79
8
8
183
156
159
205
36
36
168
476
669
63
1,172
225
283
52
158
168
N0.71-PRIVATE (UNINCORPORATED) BANK SUSPENSIONS-NUMBER AND DEPOSITS, BY STATES, 1921-1141'
Geographic division
and State *
United States 3
New England
Connecticut
Middle Atlantic
New York
Pennsylvania
East North Central^..,.
Ohio
Indiana..
Michigan
West North Central.. .__
Iowa
Missouri
South Dakota
Kansas
South Atlantic3
Maryland
Virginia
Georgia
Florida
East South Central
Alabama
West South Central
Arkansas.
Texas
Mountain
Montana
"Wyoming
Deposits (in thousands of dollars)
Number
1921
1S22
44
2
2
12
2
2
8
4
4
1923
23
1
1
2
2
4
i
3
3
3
1824
23
1925
37
1
1
5
5
4
4
4
7
1
1 „...
2
14
7
7
11
2
1
5
2
2
1
'2
1
2
1
1926
39
1927
52
2
4
2
5
4
24
1
1
22
1C
14
2
3
17
17
1928
1929
33
19
2
2
2
3
3
3
3
5
2
2
1
2
2 .._..
12
12
6
4
5
3
3
4
8
1
2
1
4
8
1
2
5
1
1
3
20
11
8
5
19
4
20
1
1
11
8
5
4
4
10
4
1930
5
1
4
1
31
9
1931
58
3
7
3
4
26
2
9
15
17
17
1932
1933
80
37
2
2
12
3
9
29 ~~~22
10
3
5
9
14
10
24
10
24
9
1934
109
5
2
3
76
14
29
33
23
23
1
15
1
14
2
2
2
2
1921
1922
1
3
2
1
3
11
1
10
4
4
1
1
1924
1925
1926
1928
1927
1929
13 8,889 1,908 1,773 7,728 7,551 9,397 4,337 2,946
240
240
973 2,553
704
438 1,357
2
1 659 1,193
438 1,357
2
973
659
704
1,193
2,553
1
84
254
651
118
11 5,337
205
473 3,926
52
224
378
333
3
202
372
63
131
118
8
434
84
142
4,570
205
100 3,639
3,046 2,387
808
1 450
320
995 4.018
2,917
328
450
320
995 3,359 2,917
2,496 2,387
192
467
347
550
1
133
228
30
88
230
576
15
97
20
208
2
1923
30
97
1
1
4 ..... 1,855
281
522
4 .....
281
522
1,855
360
360
30
58
230
576
15
1930
1932
1931
7,713 15,262 21,157
500
4,475
500
4,475
5,450 1,063 7,146
644
5,450
999
64 6,502
1,069 4,693 3,718
316 1,208
617 1,164
415
452 3,213
2,097
867 4,829 6,884
867 4,829 6,884
277 1,521
2,158!
2.158
1,491
263
64
199
22
1934
7,80€ 13,281 1,441
3,598
209
2,072
1,317
2,294
1,846
i,5i§
119
955
563
110
7,893 1,259
2,104
722
2,788
537
3,001
3,693
72
3,693
72
326
408
202 2,909 1,581
137
202 2,772 1,581
333
333
128
128
49
NO. 72-MUTUAL SAVINGS BANK SUSPENSIONS-NUMBER AND DEPOSITS, BY STATES, 192M9411
State
1922
1928,.....,.,..
1930
1930.... .....„._
Maine
Mary land.. „ _ . „ _
Massachusetts
New Hampshire.
1
Depoeitfl
(in thousands of
dollars)
Number
x
1
1
1,861
194
4,867
11,400
No suspensions occurred in years and States not shown.
Year
State
Wisconsin..,.,
1931
1932... . . . Massachusetts. . .
...
1932 . _ . _ , . . „ Minnesota..
Deposits
thousands of
dollars)
Number
1
2
437
9,278
160
Year
State
1933
1933—
..
1933..... ___.._....
1938...
Maryland
Indiana. _ _ _ „ „ . _ „ _
Wisconsin... .....
Vermont
_.„__
Deposits
(in thousands of
dollars)
Number
1
2
1
>
X
D
49
i
22
.
* Private bank suspensions during the years 1935-1041, inclusive, were as follows: 1936, 1 bank in Indiana with deposits of $71,000; 1937, 1 bank in Indiana with deposits of $93,000; 1938, 1 bank in
Indiana with deposits of $197,000, and 1 bank in Pennsylvania with deposits of $357,000; 1939, 1 bank in Indiana with deposits of $12,000.
2
Geographic division and State listed only in eases where suspensions occurred.
8
Deposit figures for private bank 6 us pensions in Maryland are not available.
Year
W
hH
iz;
2
o
326
408
bd
Q
448
i
277 1,521 1,491
1933
187
1,657
433
2,480
CG
I
SECTION 8
BRANCH, GROUP, AND CHAIN BANKING
Text
Table 73, Commercial banks operating branches and their branches, selected years, 1900-1941—
number, and loans and investments or deposits, by class of bank
Table 74. Commercial banks operating branches and their branches, by States, selected years,
1900-1941—number, by class of bank
Table 75. Commercial banks operating branches and their branches, by States, December 31,
1939—number and deposits, by class of bank and by geographic extent of branch
banking
Table 76: Commercial banks operating branches and their branches, December 31, 1939—
selected classifications of number and deposits
Table 77. Commercial banks operating branches and their branches, by States, December 31,
1941—number and deposits, by class of bank and by geographic extent of branch
banking
Table 78. Branches of member banks classified by amount and character of assets and liabilities,
June 30, 1940
Table 79. Mutual savings and private banks operating branches and their branches, by States,
December 31, 1935, 1939, and 1941—number and deposits
Table 80. Group and chain banking, by States, December 31, 1929—number and loans and
investments, by class of bank
Table 81. Group and chain banking, by States, December 31, 1931—number and loans and
investments, by class of bank
Table 82. Group and chain banking, by States, December 31, 1939—number and deposits, by
class of bank
,
Table 83. Group and chain banking, December 31,' 1939—selected classifications of number and
deposits
Table 84. Group and chain banking, by States, December 31, 1941—number and deposits, by
class of bank
Page
294
297
298
303
306
307
310
311
312
313
316
319
320
SECTION 8
BRANCH, GROUP, AND CHAIN BANKING
During the past two decades considerable
attention has been given to three forms of banking organization known, respectively, as branch,
group, and chain banking and referred to
generally as "multiple office banking," These
are forms of organization through which the
same interests operate a banking business at
more than one office. Branch banking accounts
for more banking offices and deposits than either
of the other two types. Chain banking is of
little importance; it has not developed with, and
in many instances has been replaced by, branch
or group banking. Group banking, the corporate equivalent of chain banking, occupies an
intermediate position. It accounts for an appreciable number of all multiple banking offices
and for no small amount of their deposits, even
though many banks within group banking
systems have been converted into branches.1 In
differentiating between the three types of
multiple office banking, it should be noted, however, that branch banking on the one hand and
group and chain banking on the other are not
mutually exclusive. A number of banks which
are members of "groups" or "chains" operate
branches.
Multiple office banking has not developed
uniformly throughout the country, Branch
banking, for instance, has had its greatest
development in the Par West—particularly in
California—while group and chain banking are
more common in the Middle West. Because the
regional aspects of multiple office banking are
important, most of the data are shown by
geographic regions and by States. In the following text and accompanying statistics, branch
banking is considered separately from group
and chain banking.
Branch banking. Branch banking is a type
of multiple office banking under which a bank
as a single legal entity operates more than one
banking office. If a bank operates a single
branch office, irrespective of size, it is included
in the statistics for branch banking. Slightly
more than three-fourths of the banks in the
United States that operate branches have only
one or two branches each and in many cases the
parent bank and its branches are situated in
the same or nearby towns. Such banks and
their branches are sometimes referred to as
branch banking systems, but a bank operating
only one or two branches is not a system in the
same sense as certain of the larger branch organizations in the United States and the branch
banking systems of Canada and of some European countries.
The branch banking form of organization occupied a relatively important position in the
early years of banking in the United States.
This form of banking, however, dwindled in the
years following the war between the States and
had nearly disappeared by the end of the nineteenth century. In some instances opposition to
branch banking crystallized into restraining legislation or adverse interpretation of existing
banking laws. Since the beginning of the present
century, however, notably during the 1920's,
there has been considerable growth in the number of branches. Significant changes in banking
laws have made this growth possible.2 Despite
the recent growth of branch banking the present
banking structure of the United States is composed primarily of single-office banks.
Statistics on branches compiled by the
Board include all branches or additional
offices (except seasonal agencies) within the
meaning of Section 5155, U.S.R.S., which defines
the term "branch" as "any branch bank, branch
office, branch agency, additional office, or any
branch place of business . . . at which deposits
are received, or checks paid, or money lent."
Seasonal agencies operate only for limited periods and under special authority; therefore they
have not been included.3
In the accompanying statistics Tables 78-78
indicate the development of branch banking
since 1900 among commercial banks, while
Table 79 summarizes the status of branch
banking since 1935 among mutual savings and
private banks. More specifically, Table 73
shows chronologically the development of
branch banking since 1900 by class of bank,
while Table 74 shows somewhat similar information 'by States for eight selected years beginning
* For a more detailed discussion of multiple office banking, eee
the paper on "Branch, Chain, and Group Banking" in Banking
Studies, a publication of the Board of Governors.
3
See Banking Studies, pp. 114-21. For a compilation of
Federal and State laws relating to branch banking, see Federal
Reserve Bulletin, October 1939, p. 851.
3
In 1942 a special type of additional banking office came into
existence. Certain offices have been established to provide limitea
banking facilities at military reservations where, because of legal
restrictions or other conditions, it is impracticable to establish R
regular branch. While engaging in many of the functions of fl
commercial branch, these offices are established at the direction
of the Fiscal Service of the Treasury Department. A bank
operating such facilities is required to perform these services
under its designation as a Depositary and Financial Agent of
the Government. Such offices are shown separately ia current
branch statistics.
294
BRANCH, GROUP, AND CHAIN BANKING
with 1900. Two tables give details regarding
the status of branch banking development by
States in recent years: Table 75 gives figures for
the end of 1939 and Table 77 for the end of 1941.
Additional statistics for December 31, 1939, and
June 30, 1940, are shown in Table 76, which
classifies banks operating branches and their
branches in a variety of ways, and in Table 78,
which analyzes the assets and liabilities of
branches of member banks.
As previously indicated, most of the banks
which operate branches have only one or two
branches and these branches are usually located
in the same or nearby towns. The figures on
branches in the accompanying tables show
separately head-office city branches and
branches outside the head-office city.
More
detailed information on the geographic extent of
branch systems is available for the end of 1939
and 1941 in Tables 75 and 77. These tables
indicate, in addition to other information, the
number of banks operating branches in the
head-office city only, outside the head-office city
but not beyond the head-office county, outside
the head-office county but not beyond counties
contiguous to it, and in counties not contiguous
to that of the head office.
Wherever available, figures on loans and investments or deposits of banks operating
branches are shown in the statistics. These
figures include the combined deposits or loans
and investments of banks and their branches.
The only separate figures on deposits and other
banking items for branches, as distinct from
head offices, are those for branches of member
banks on June 30, 1940, shown in Table 78.
The statistical data for the tables on branch
banking have been secured from several sources,
The figures for the years prior to 1932 (shown
in Tables 73 and 74) were taken from unpublished material collected in 1931 by a special
committee of the Federal Reserve System appointed to study branch, group, and chain banking. Data for the years beginning with 1932
(shown in Tables 73-79) were compiled largely
from periodic reports received by the Board of
Governors. In some instances there are minor
differences between the figures shown in these
tables and those previously published in the Federal Reserve Bulletin. These are the result of
more recent or more complete information than
was available when the data were first published.
Current statistics on the status of branch
banking by States as of the end of each year
are published annually in the Federal Reserve
Bulletin and less detailed statistics are published
quarterly.
Group and chain banking. Group and chain
295
banking are types of multiple office banking
which differ from branch banking principally in
legal form and type of control. In branch banking the head office and its branches are one legal
entity, but in each group or chain there are
three or more independently incorporated banks
(some with branches) under some sort of common control.
Prior to the late 1920's no distinction was
made between group and chain banking. The
two terms are still often used interchangeably.
In some cases it is difficult to determine
definitely whether a bank is a group bank or
a chain bank. It was the perceptible increase
in the control or ownership of banks by corporations that j led to differentiation between
these two types of multiple office banking. Corporate as contrasted with personal control is
accepted as the chief point of difference.
The term "group banking" indicates the type
of multiple office banking structure in which
three or more independently incorporated banks
are controlled directly or indirectly by a corporation, business trust, association, or similar
organization. The term "holding company" is
often applied to the controlling organization. In
some cases the key bank in a group is the holding company for the other banks, either directly
or through trustees or a separate non-banking
corporation set up for the purpose.4 In other
cases a non-banking corporation or association is
the holding company and controls the key bank
as well as the smaller banks in the group. Stock
ownership is the usual but not necessarily the
only form of control. Included in some of the
group systems covered by the statistics are
banks that operate for all practical purposes as
parts of the group, although associated with it
only through minority stock' ownership or
through having common directors' with other
organizations in the group.
The term "chain banking" indicates a type of
multiple office banking structure in which the
operations or policies of at least three independently incorporated banks are controlled by one
or more individuals. This control may be accomplished through stock ownership, common
directors, or in any other manner permitted by
law. Generally speaking, chain systems are
built around a key bank that is considerably
larger than the other banks in the chain.
Statistics on group and chain banking are
shown in Tables 80-84. Figures in these tables
exclude mutual savings and private banks, some
* The aggregate deposits of all group banks, approximately 8.2
billion dollars on December 31, 1941, would be decreased by 2.2
billion if the deposits of the key banks, some of which are very
large and dominate their respective groups, were eliminated from
the aggregate.
206
BANKING AND MONETARY STATISTICS
of which have been reported from time to time
as members of groups and chains. Statistics on
group and chain banking prior to 1929 are fragmentary and unreliable, but they serve to indicate the general growth of the movement. As
early as 1922 the Federal Reserve Board made a
survey which showed that there were some 800
banks in groups and chains in the United States.
Later investigations showed 1,000 banks in
groups and chains in 1926 and over 1,400 in
1928. In 1930 the House Committee on Banking and Currency made an investigation of
branch, group, and chain banking; figures were
presented on the status of group and chain banking as of the end of 1929, which were the most
complete statistics on the movement up to that
time. These statistics form the basis for Table
80, which shows the number and loans and investments of banks in groups and chains, by
States, as of December 31, 1929.5
The next survey of the status of group and
chain banking was made in 1931, when a special
committee of the Federal Reserve System made
a detailed survey of group and chain banking in
which statistics for group banking as distinguished from chain banking were shown
separately for the first time. The figures compiled by this committee appear in Table 81,
which shows the number and loans and investments of group banks, of chain banks, and of
group and chain banks combined, by States, as
of December 31, 1931.
In recent years, the statistics of group banking have been more dependable than those of
chain banking, largely as a result of information
obtained in the administration of the provisions
of the Banking Act of 1933, which require any
corporation, business trust, association, or similar organization6 controlling a member bank
to obtain a voting permit from the Board of
Governors of the Federal Reserve System before
voting any stock of such member bank. Information so obtained does not cover a holding
company which controls nonmember banks
only, but the available information on such
holding companies has been included in the
figures. The Banking Act of 1933 also requires
member banks to report their affiliates, and, as a
result, some chains have been reported which
were not previously known to exist.
Tables 82 and 84, which are based on data
collected by the Board of Governors, show the
status of group and chain banking for two
recent dates—the end of 1939 and 1941.
Table 83 gives more detailed classifications of
group and chain banking as of December 31,
1939, than are available for other dates.
Additional information on group banking
appears in an article summarizing the status of
group banking as of December 31, 1936, in the
Federal Reserve Bulletin for February 1938.
Further discussion of both group and chain
banking is contained in the paper on "Branch,
Chain, and Group Banking" in Banking Studies,
a publication of the Board of Governors. Current statistics on group banking as of the end of
each year are published annually in the Federal
Reserve Bulletin.
6
The figures in Table 80 do not agree for some States with those
presented in the hearings referred to above because of later revisions. See Hearings before the Committee on Banking and Currency, House of Representatives, 7Ist Congress, 2nd Session, under
H. Res. 141, Volume 1, pp. 163-84 and 469-70.
0
Except corporations whose stock is owned by the Federal
Government and all organizations determined by the Board of
Governors of the Federal Reserve System not to be engaged,
directly or indirectly, in the business of holding the stock of or
managing or controlling banking organizations.
BRANCH, GROUP, AND CHAIN BANKING
297
NO. 7t-COMMERCiAL BANKS OPERATING BRANCHES AND THEIR BRANCHES, SELECTED YEARS, 1900-1*41NUMBER,AND LOANS AND INVESTMENTS OR DEPOSITS, BY CLASS OF BANK
Number of banks
operating branches
Number of branches
Loans and investments of
banks operating branches9
(in millions of dollars)
Total deposits of banks
operating branches'
(in millions of dollars)
State banks2
National banka
Year'
Total
National State3
Total
Total
In
Outside
head- head- Total
office
office
city
city
87
196
292
397
530
6
5
9
12
21
82
191
283
385
509
119
350
548
786
1,281
5
5
12
26
63
1
1
1
15
41
4
4
11
11
22
114 i
345
536
759
1,218
1921
1922
1923
1924
1925..
547
610
671
706
720
23
56
91
112
130
624
555
580
594
590
1,455
1,801
2,054
2,297
2,625
72
140
204
256
318
50
118
181
233
296
22
22
23
23
22
1926.
1927
1928
1929.
1930
...
744
740
775
764
751
148
163
171
167
166
596
587
604
597
685
2,703
2,914
3,138
3,363
3,522
421
723
934
996
1,042
384
433
595
650
703
1931
1932.
1933
1934...- ...
1935
723
681
584
724
817
164
157
146
176
181
559
624
438
548
636
3,467
3,195
2,784
3,005
3,155
1,110
1,220
1,121
1,243
1,329
1936
1937
1938
1939
1940
.,
854
904
918
934
954
188
194
194
195
200
666
710
724
739
754
3,270
3,411
3,444
3,491
3,525
1941
,.
968
205
763
3,558
1900
1905
1910
1915
1920.
. .-
1
In
Outside
head- headoffice
office
city
city
Total
National State 2
banks banks
Total
National State3
banke banks
134
270
420
732
90
211
266
339
486
119
637
1,272
2,187
6,897
5
6
44
98
689
114
631
1,228
2,089
6,208
1,383
1,661
1,850
2,041
2,207
854
1,038
1,146
1,281
1,429 .
529
623
704
760
778
8,354
9,110
10,922
12,480
14,763
1,581
2,330
2,841
3,606
4,447
6,773
6,780
8,081
8,874
10,316
37
290
339
345
339
2,282
2,191
2,204
2,358
2.480
1,495
1,527
1,547
1,627
1,688
787
664
657
731
792
16,511
17,591
20,068
21,420
22,491
5,243
6,294
7,840
8,016
9,169
11,268
11,297
12,228
13,404
13,322
714
831
677
691
686
396
389
444
552
643
2,357
,975
,663
,762
,826
1,589
1,237
1,003
980
962
768
738
660
782
864
20,680
17,279
15,528
8,529
7.336
6,963
12,151
9,940
8,665
18,744
8,602
10,142
23,772
11,371
12,401
1,398
1,485
1,499
1,518
1,539
679
690
687
681
676
719
795
812
837
863
,872
,926
,945
1,973
1,986
964
960
947
942
926
908
966
998
1,031
1,060
20,706
9,713
10,993
26,418
24,989
26,587
30,813
12,618
12,054
12,828
14,924
13,800
12,935
13,759
15,889
1,565
684
881
1,993
928
1,065
38,496
19,094
19,402
24
For years prior to 1924 the figures are not for any uniform month. For 1924 and for 1927-1931 they are as of June: for 1925-1926 and for 19321941, 2 as of December.
Mutual savings and private banks and their branches are excluded; figures relative to such banks and branches are shown in Table 79.
One bank, which until the end of 1938 was classified as a mutual savings bank in statistics published by the Board, has since been regularly
classified as a commercial bank. This bank is included in the figures in this table beginning with 1925, the year it established its first branch.
It had one head-office city branch in 1925, two in 1926-1928/and four in 1929-1938; its loans and investments ranged from 78 million dollars in 1926
to 95 million dollars in 1936; and its deposits from 89 million dollars in 1935 to 87 million dollars in 1938.
For the years prior to 1933 only those Morris Plan and other industrial banks operating branches which were reported in the State bank
abstracts are included in the statistics; for 1933 and subsequent years all Morris Plan and other industrial banks reported to operate branches are
included as follows: in 1933, 11 banks operating 28 branches in head-office city and 8 branches outside head-office city; in 1934, 11 banks operating
27 branches in head-office city and 8 branches outside head-office city; in 1935 and 1936, 13 banks operating 27 branches in head-office city and 11
branches outside head-office city; in 1937, 13 banks operating 29 branches in head-office city and 11 branches outside head-office city; in 1938, 12
banks operating 29 branches in head-office city and 10 branches outside head-office city; in 1939,13 banks operating 31 branches in head-office city
and 11 branches outside head-office city; in 1940, 14 banks operating 32 branches in head-office city and 13 branches outside head-office city; and
in 1941, 14 banks operating 29 branches in head-office city and 12 branches outside head-office city.
3
Deposit figures not available prior to 1935 and for 1940; loan and investment figures not available for 1934 and after 1936.
BANKING AND MONETARY STATISTICS
298
NO. 74-GOMMERCIAL BANKS OPERATING BRANCHES AND THEIR BRANCHES, BY STATES,
SELECTED YEARS, 1UM941-NUMBER, BY CLASS OF BANK
All banks operating branches
Geographic division and State
1930
1933
1937
1941
1900
720
751
584
904
968
119
83
25
1
78
16
1
9
39
10
3
88
20
2
8
41
11
6
87
21
2
6
41
11
6
15
9
1
45
16
1
92
32
1
160
51
1
50
7
101
24
1
7
58
11
5
16
12
45
14
87
21
98
56
14
28
170
82
14
74
20«
83
54
69
146
71
47
28
180
86
51
43
189
95
50
44
24
11
10
3
147
130
9
8
52
22
93
39
3
124
52
4
124
52
4
87
28
17
191
37
34
2*9
38
42
19
9
23
7
44
7
61
7
62
6
21
21
46
74
46
83
7
3
2
4
2
4
2
39
2
35
134
2
109
163
2
119
1
2
2
2
12
9
2
17
23
2
139
6
23
11
39
1
41
7
10
1
146
1900
1910
1920
1925
87
292
530
9
5
1
29
11
1
€3
20
1
3
14
3
36
6
Middle Atlantic . .
New York
New Jersey .
Pennsylvania
_
17
5
9
3
(2
46
8
8
Ea»t North Central
Ohio
Indiana
Illinois,
Michigan. . ,
Wisconsin
IS
6
5
2
United State*
New England. „
Maine..
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
._
... .. .
„....,
West North Central
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
1
1
1
1
2
South Atlantic .
Delaware
Maryland
District of Columbia
Virginia..... . . _ « , _ , » . . .
•West Virginia
North Carolina--..,..-.,,,. __ _
South Carolina
Georgia
.._„
Florida.
27
2
11
57
3
5
1
. 18
108
5
21
2
17
143
5
30
10
29
147
6
28
12
39
13
1
6
23
10
40
1
1
8
4
8
2
15
5
34
6
22
38
8
22
1
36
11
15
20
5
9
East South Central „ ..
j.
Kentucky
Tennessee.
, _ _ .. . .
Alabama
Mississippi-,.... . „ _ _ _ „ _ _
14
5
2
2
5
28
32
3
6
15
14
7
10
46
5
25
5
11
56
10
32
11
36
7
18
1
10
9
3
6
36
4
32
38
2
36
45
2
43
7
9
8
11
TCftn^Rs
Mountain
Montana
Idaho,.
Wyoming
Colorado
New Mexico
Arizona
Utah .
Nevada
1910
1920
1925
1930
1933
1937
1941
548 1,281 2,525 3,522 2,784 3,411 3,558
238
65
1
10
128
34
206
52
1
12
102
32
7
W5
57
12
114
38
12
242
59
2
9
118
38
16
2S6
229
21
36
557 1,012
732
433
21
103
103
177
825
638
105
82
856
638
120
98
862
647
120
95
103
39
336
106
3
60S
214
8
717
264
<j
373
164
32
503
175
65
538
169
67
55
9
218
9
375
9
435
9
147
30
160
113
169
133
2
8
6
a
6
60
6
52
189
6
145
231
6
157
2
2
1
1
1
2
2
29
3
187
16
59
4
20
315
14
92
20
47
405
12 i
114
25
60
289
12
81
27
69
14 !
22
2
345
12
76
30
67
1
24
42
2
" "
374
13
79
30
70
2
2
......
7
1
8
1
7
1
10
4
47
8
6
34
89
7
1
81
104
4
1
99
57
3
1
53
4
25
11
39
11
103
6
14
2
37
46
6
10
2
1
1
8
5
13
7
17
7
46
15
25
2
66
19
55
2
84
71
39
52
24
24
no !
131
24
25
2
61
14
20
3
24
62
13
21
3
25
22
5
2
6
9
56
5
4
17
30
76
1
31
20
24
116
13
59
19
25
142
31
69
17
25
95
24
46
1
24
145
29
51
21
44
145
29
52
20
44
31
6
25
41
14
27
42
14
28
15
3
12
86
6
30
99
3
96
11
1
3
108
54
6
48
68
15
53
70
15
55
8
21
23
15
26
23
30
45
84
92
2
West South Central.
Arkansas
Louisiana
.„
Oklahoma
Texas.
Pacific
Washington
Oregon
California
All branches
6
7
23
31
37
3
3
4
4
5
2
5
4
5
2
6
26
12
10
7
26
12
10
46
6
3
37
49
9
4
36
3
3
6
47
9
6 _„...
32
;
15
5
21
2
21
3
27
""if
9
63
12
6
45
190
10
1
179
641
6
1
634
859
5
1
853
837
23
27
787
23 j
24
2
986 1,004
86
64
68
65
850
857
BRANCH, GROUP, AND CHAIN BANKING
299
NO. 74-COMMERCIAL BANKS OPERATING BRANCHES AND THEIR BRANCHES, BY STATES,
SELECTED YEARS, 1900-1941-NUMBER, BY CLASS OF BANK-Continued
AH branches in head-office city
Geographic division and State
1900
25
United States
1910
271
All branches outside head-office city
1941
1900
1910
1920
773 1,725 2,391 1,680 1,650 1,612
1920
1925
1930
1933
1937
1925
94
277
508
1
19
1
45
2
91
2
143
6
113
3
116
4
117
4
14
9
1
26
15
1
47
30
1
69
49
1
1
16
2
40
3
83
6
123
14
95
13
2
91
17
4
91
17
5
4
10
5
11
Middle Atlantic
New York
New Jersey
Pen nsy Ivania
12
11
134
130
267
229
10
28
534
433
10
91
994
732
93
169
808
636
92
80
781
605
91
85
755
590
86
79
12
13
10
2
9
4
East North Central
Ohio
Indiana
Illinois
Michigan
Wisconsin
11
1
83
21
315
88
2
584
195
7
683
232
8
297
133
17
302
132
24
290
120
25
8
8
7
3
55
7
218
7
375
7
435
8
134
13
129
17
127
18
West North Central
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
1
1
2
8
6
8
6
8
6
8
6
1930
8
6
New England
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
4
South Atlantic
Delaware
Maryland
District of Columbia
Virginia. _
West Virginia
North Carolina
South Carolina
Georgia
Florida
1
800 1,131
4
15
125
55
2
9
27
21
11
19
23
18
11
8
11
12
10
8
17
2
13
2
75
33
29
13
107
57
34
16
20
18
21
18
1
22
19
1
34
32
1
76
31
15
201
43
31
248
49
42
2
2
2
1
13
17
31
96
42
115
52
181
223
52
145
157
14
22
24
42
2
2
2
2
15
35
3
2
6
18
4
4
112
1
40
20
26
148
2
56
25
27
115
2
40
27
23
110
2
37
30
21
117
3
39
30
21
29
3
88
6
11
11
1
3
3
5
8
5
12
12
7
19
7
3
13
7
3
10
10
3
11
1
1
8
5
60
28
31
37
21
16
40
20
17
3
43
21
19
3
22
5
2
6
9
41
12
28
1
1
West South Central
Arkansas
Louisiana
Oklahoma
Texas
Mountain
35
46
51
24
22
46
51
24
22
23
3
3
3
152
15
41
203
13
52
257
10
58
174
10
41
235
10
39
257
10
40
31
16
21
33
46
12
7
14
43
15
20
2
58
14
43
2
72
64
20
45
21
46
1
103
20
14
2
121
21
14
2
56
5
4
17
30
62
1
17
20
24
75
31
19
24
82
3
38
17
24
58
3
30
1
24
105
9
34
18
44
102
8
33
17
44
15
3
12
23
35
53
51
6 • 3
45
50
60
3
57
30
6
24
46
15
31
47
15
32
15
26
30
New IVTeiico
Arizona
Utah
Nevada
2
1
1
1
275
12
10
253
268
15
11
242
3
23
1
.
19
4
2
60
2
309
1
304
3
13
58
308
301
n
49
1
1
1
3
6
256
16
11 ......
229
15
5
21
2
21
3
27
44
8
4
32
130
8
1
121
332
5
1
326
555
2
1
552
42
81
89
22
Idaho
1,104 1,761 1,946
119
53
2
12
23
21
8
2
14
1941
93
49
1
12
7
19
5
2
14
1937
95
59
1
10
5
20
1
East South Central
Kentucky
Tennessee
Alabama
Mississippi
Faci6c
Washington
Oregon
California
1933
31
37
13
7
6
24
11
9
7
25
11
9
562
11
17
534
718
49
54
615*
748
70
57
621
BANKING AND MONETARY STATISTICS
300
NO. 74--COMMERCI AL BANKS OPERATING BRANCHES AND THEIR BRANCHES, BY STATES,
SELECTED YEARS, 19 W-1941-N UMBER, BY CLASS OF BANK-Continued
National banks operating branches
Geographic division and State
State banks operating branches
1900
1910
1920
1925
1930
1933
1937
1941
1900
1910
1920
1925
United State*
5
9
21
m
HI
lit
194
2*5
82
283
509
699
585
New England
Maine
_
New Hampshire
Vermont
„
Massachusetts,
Rhode Island
Connecticut.
1
1
1
14
20
i
1
62
20
69
25
13
17
2
SO
3
1
2
18
3
3
28
11
1
30
3
1
2
18
3
3
8
5
1
1
24
1
1
2
16
2
2
3
14
3
36
6
8
5
2
1
44
24
3
17
67
31
20
16
48
22
16
10
63
28
16
19
69
31
17
21
14
5
7
2
59
46
6
7
2
13
3
21
7
1
21
7
4
29
8
6
28
8
6
13
6
2
9
1
12
1
8
2
12
3
11
3
5
2
2
4
2
4
2
4
2
8
2
8
2
.,
„ .
.
Middle Atlantic
New York
New Jersey.
Pennsylvania
Ba*t North Central,.Ohio
Indiana
Illinois
.'„..
Michigan
„
Wiaconsi n.
Weat North Central. .
Minnesota. . ..
Iowa
.
S
...
East South Central.
Kentucky ._._...>
•Tennessee
Alabama
Mississippi
2
1
2
1
.
...
North Dakota
South Dakota
Nebraska
South Atlantic .
Delaware
Maryland ..-.». ..
District of Columbia
Virginia , _ _ „
...
West Virginia
North Carolina .
South Carolina
„
Georgia
Florida
3
i
1
438
710
763
81
24
64
15
37
7
7
41
9
7
23
8
1
58
17
1
0
23
8
3
57
18
1
4
23
8
90
51
12
27
126
58
11
57
139
52
34
53
98
49
31
18
117
58
35
24
120
64
33
23
52
22
91
39
3
11
1
49
4
103
45
3
66
21
13
162
29
28
181
30
36
23
7
42
7
52
6
50
5
13
19
34
71
35
80
35
126
155
109
119
12
S '
2
2
2
4
2
4
2
23
25
18
19
22
1
4
5
8
3
6
8
2
5
5
2
5
6
3
5
6
1
2
2
2
2
2
4
1
1
4
2
1
3
3
2
3
2
1
10
3
6
14
4
9
8
3
4
11
3
5
2
2
1
1
1
1
9
3
4
1
1
1
1
1
4
1
1
1
4
7
1
6
8
1
7
4
11
12
1
4
6
3
2
3
2
2
2
2
2
15
3
2
10
18
6
2
10
17
6
2
9
4
1
«,
_
1941
35
2
i
1937
1930' 1933
Weat South Central.
Arkansas
Louisiana
„_„
2
11
57
3
3
1
13
106
5
21
2
16
129
5
26
5
21
122
6
25
6
31
95
6
21
5
35
1
1
8
4
S
2
15
5
33
6
22
1
36
6
20
1
34
9
11
19
4
5
14
5
2
2
5
26
4
3
6
13
31
1
14
7
9
36
2
19
5
10
42
6
23
3
10
28
4
14
9
3
6
35
4
31
37
2
35
44
2
42
7
9
8
11
27
2
17
19
124
120
7
6 !
22
21
6
6
33
33
1
43
39
4
0
7
7
1
2
9
52
11
16
2
23
51
10
16
1
24
27
6
21
34
13
21
34
13
21
4
10
11
1
2
1
4
5
2
.1 ;
Texas
Mountain
Montana
Idaho ...
Wyoming
Colorado
New Mexico
Arizona „
Utah ... _...
, Nevada
Pacific
Washington „ _ _ _ _ _
Oregon
California
2
1
1
4
1
1
2
21
1
1
19
14
1
1
12
2
4
7
45
8
4
33
i
s
1
7
85
6
83
3
43
2
31
3
79
80
41
27
1 ......
10
2 •:
2 i
31
3
2
26
i
30
3
4
23
301
BRANCH, GROUP, AND CHAIN BANKING
NO. 74-COMMERCIAL BANKS OPERATING BRANCHES AND THEIR BRANCHES, BY STATES,
SELECTED YEARS, 19QO-1941-NUMBER, BY CLASS OF BAN ((-Continued
State bank branches in head-office city
National bank branches in head-office city
Geographic division and State
1900
United States
1910
1920
1925
1930
1933
1937
1941
1900
1910
41
24
270
1933
1937
1941
732 1,429 1,688 1,003
1920
1925
1930
296
703
177
690
684
960
928
New England
Maine
New Hampshire „ .
37
08
67
(7
1
67
1
1
19
1
45
2
54
2
75
6
46
3
49
3
50
3
Massachusetts. ..
Rhode Island
Connecticut
37
66
2
63
2
2
57
6
3
57
6
3
1
16
2
40
3
46
6
57
12
32
11
34
11
1
34
11
2
134
130
232
194
10
28
406
328
9
69.
706
522
60
124
573
460
65
48
546
429
68
49
532
426
62
44
207
103
16
84
4
192
90
i 17
81
4
1
1
Middle Atlantic.. •
New York
New Jersey
Pennsylvania
35
35
138
105
1
22
288
210
33
45
235
176
27
32
235
176
23
36
223
164
24
35
12
11
1
4
East North Central
Ohio
Indiana
Illinois
Michigan
Wisconsin
2
25
3
91
13
2
95
27
4
95
29
8
98
30
8
11
1
83
21
313
2
559
192
7
592
219
6
2
20
2
72
4
55
9
45
13.
46
14
7
3
55
7
216
7
355
5
363
4
202
106
13
79
4
_
Wept North Central
Minnesota
Iowa
,
Missouri
North Dakota
South Dakota
'_. _
Nebraska
Kansas
South Atlantic
Delaware
Maryland
District of Columbia
Virginia- West Virginia
North Carolina
South Carolina
Georgia
_
Florida
East South Central
Kentucky
Tennessee..
Alabama
Mississippi
West South Central
Arkansas
Louisiana
Oklahoma
Texas
Mountain
Montana..
Idaho
Wyoming
Colorado.*
New Mexico
Arizona
„
Utah ._.„
Nevada
Pacific
Washington ^
Oregon
California
1
88 :
1
1
3
8
6
8
6
8
6
8
6
8
6
1
1
2
2
2
2
2
2
2
38
51
41
39
44
15
1
6
9
11
8
12
9
5
17
9
5
17
9
7
17
9
3
2
6
33
1
18
4
3
74
1
34
11
15
97
2
48
13
18
74
2
35
10
14
71
2
32
13
12
73
3
32
13
12
3
4
5
3
4
15
1
9
i
i
2
2
7
1
2
5
1
7
2
6
2
8
1
3
9
3
6
15
7
8
38
12
26
36
11
15
37
18
16
3
40
19
18
3
14
14
26
5
20
22
16
5
11
10
1
3
2
1
3
2
1
1
1
23
20
21
35
46
51
1
2
2
23
20
21
35
46
51
1
2
2
2
3
3
82
1
76
1
81
75
1
„_.
1
..
1
1
„
2
45
,
159
2
45
157
1
1
1
1
1
1
180
9
10
161
186
14
11
161
180
15
11
154
19
4
2
13
60
2
264
1
145
1
95
3
58
263
144
92
.
BANKING AND MONETARY STATISTICS
302
NO. 74-COMMERCIAL BANKS OPERATING BRANCHES AND THEIR BRANCHES, BY STATES,
SELECTED YEARS, 1908-1941-NUMBER, BY CLASS OF BANK-Continued
1900
1910
4
United States. „ _ _ _ _ „ _ _ ,
New England
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
11
1925
1920
22
1930
1933
1937
1941
1900
1910
1920
1925
1930
1933
22
339
444
795
881
90
266
486
778
792
660
88
48
1
1
1
1
2
1
1
1
1
1
1
East North Central
Ohio . . .
Indiana
15
3
1
2
5
2
2
13
9
25
15
46
30
68
49
4
10
5
11
4
15
10 '
4
20
33
16
10
7
9
10
16
20
16
8
1
7
3
9
7
8
12
8
8
20
18
21
18
1
2
2
3
3
3
3
2
3
2
1
2
1
2
1
3
2
3
25
12
9
4
14
2
16
6
24
7
12
10
1941
1,065
10
6
19
5
104
50
1
10
17
19
7
110
52
1
7
22
19
9
8
8
14
2
10
2
50
21
20
9
74
41
24
9
22
19
1
34
32
1
62
29
15
185
37
31
224
42
42
2
1
1
17
21
96
25
115
52
164
203
145
157
14
5
17
24
22
!?
20
„ _ _ _ _ = „_
North Dakota
South Dakota
15
3
1
2
6
2
1
17
__„-_..._
. ._=
West North Central
Minnesota
Iowa
5
1
1
2
1
93
59
1937
52
________
Middle Atlantic
New York
New Jersey .
Pennsylvania
Michigan
Wisconsin
State bank branches outside head-office city
National bank branches outside head-office city
Geographic division and State
. _._»_»
.
._-.
17
20
35
41
2
3
Kansas
South Atlantic
Delaware . _
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia.
Florida
Oast South Central
Kentucky
Tennessee
Alabama
Mississippi
2
„_.____
._-
13
88
6
11
153
15
41
201
13
52
244
10
58
157
10
41
200
10
37
41
1
98
3
4
5
6
11
31
16
20
30
42
2
8
4
2
7
5
14
9
5
18
9
1
1
8
5
12
7
14
7
43
15
20
2
58
14
42
2
72
62
12
41
19
4
2
5
19
1
1
3
1
2
16
1
22
5
2
6
9
54
5
4
17
28
61
1
17
20
23
74
1
31
19
23
81 \
3
38
17 j
23
8
1
7
15
3
12
43
6
37
45
3
42
15
36
23
1
3
5
2
56
3
29
1
23
100
9
33
15
43
S3
8
31
1
43
52
3
49
29
6
23
38
14
24
39
14
25
30
28
29
IS
15
15
2
6
5
3
7
5
4
96
2
2
92
98
2
4
92
2
1
1
1
1
1
1
1
8
8
8
1
8
8
8
1
8
1
7
14
52
71
7
16
35
'7
19
8
9
20
7
9
3
15
5
21
2
21
3
27
""Is"
388
9
16
363
622
47
52
523
650
68
53
529
6
39
8
3
131
6
325
3
242
2
174
2
28
115
322
240
171
Mountain
Montana
Idaho - .
Wyoming
Colorado
New Mexico
Utah
Nevada
5
„_„„__-
1
4
9
2
1
6
313
7
2 ____..
1
4
312
43
lie"
5
2
2
«,„_,
Arkansas
Louisiana
Oklahoma
29
3
1
__..
West South Central
Pacific
Washington
Oregon
California
17
3
a
BRANCH, GROUP, AND CHAIN BANKING
303
N0.75-COMMERCIAL BANKS OPERATING BRANCHES AND THEIR BRANCHES, BY STATES, DECEMBER 31,1939NUMBER AND DEPOSITS, BY CLASS OF BANK AND BY GEOGRAPHIC EXTENT OF BRANCH BANKING
Banks operating branches
Number
Total deposits (in thousands of dollars)
Geographic division and State
National
.Total
State
member
Insured
nonmember
934
195
165
549
89
20
2
8
42
11
6
30
3
1
2
18
3
3
21
4
27
9
14
2
1
178
87
49
42
63
28
17
18
206
39
39
Noninsured
Total
National
State
member
Insured
nonmember
Noninsured
25 30,812,734 14,923,561 13,869,160 1,844,922
175,091
6
10
1
1
1
1 2,054,063
4
84,461
1
1,141
19,506
1,430,873
5
276,436
1
241,646
125,443
12,264
444
76
42
21
13
39
17
11
11
17,999,573
14,844,504
985,039
2,170,030
29
8
6
34
15
3
140
16
30
3
3,176,222
1,367,612
265,932
47
81
12
3
12
4
21
73
2
1
West North Central
M^i n neso ta
Iowa
Missouri
„
._
North Dakota .
South Dakota
Nebraska
Kansas .,
--,
149
2
117
8
2
134
7
110
7
South Atlantic
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina.
South Carolina
Georgia
Florida
143
6
25
11
40
1
43
6
10
1
21
East South Central
Kentucky
Tennessee
Alabama
Mississippi
United States
.
IVew England
_
Maine „
New Ha nip shire
Vermont
Massachusetts. .
Rhode Island
Connecticut
Middle Atlantic
New York
New Jersey
Pennsylvania
- „
.
,
--
East North Central
Ohio
Indiana _,
Michigan
Wisconsin
__ _ „
14
14
2
20
2
6
3
3
99
4
16
3
31
3
3
5
6
3
1
3
2
1
3
37
4
3
1
59
13
19
3
24
10
3
4
2
1
4
2
1
1
45
8
14
West South Central
Arkansas
Louisiana
Oklahoma
Texas
42
14
28
7
1
6
1
Mountain
Montana
Idaho
T^yoming
Colorado
- -.
New Mexico
Arizona
Utah
Nevada
n
6
4
4
5
2
2
2
2
Pacific
Washington
Oregon
California
47
9
4
34
17
6
2
9
484,052
29,710
121,569
26,878
145,637
18,414
17,160
43,605
3,503
30,423
6,711,593 10,746,083
5,260,165 9,335,555
355,780
450,609
1,095,648
959,919
541,897
248,784
178,650
114,463
1,620,112
506,027
115,364
1,257,813
817,934
66,108
280,030
43,651
84,460
18,267
1,141.945
400,733
725,586
273,135
306,736
67,035
91,794
60,125
17,829
438
451,197
288,081
108,229
337,118
288,081
3,317
34,105
17,465
14
10
4
2
1,322,999
15,609
697
2,346
1,096,977
66,336
141,034
31,572
17,465
"~m~m~
60,960
51,775
109,457
4,622
103,607
4,622
3,317
2,533
261,671
167,164
151,167
560,774
122,197
139,023
87,914
74,321
20,502
40,853
271,870
101,653
6,053
19,613
403,789
134,771
192,297
75,321
1,400
46,776
24,327
21,978
471
62,699
11,152
23,912
23
513,264
170,250
238,187
75,792
29,035
362,780
15,452
347,328
312,572
7,730
304,842
10,710
1
34
13
21
10,710
39,498
7,722
31,776
10
1
10
215,156
167,163
28,331
19,662
.4
1
1
68,139
36,359
28,331
3,449
4
2
3
5,070
66,927
41,071
33,949
58,657
38,198
33,949
21
2
2
17
1 4,246,721
354,899
249,086
1 3,642,736
3,134,988
342,062
246,319
2,546,607
8
1
7
1
1,793,758
158,554
471,897
274,919
285,566
1,024
235,419
71,695
294, 146
538
913,227
322,613
36,357
71,203
19,841
60,078
1,024
107,286
24,789
2,035
7,144
5,978
628
538
27,635
5,070
8,270
2,873
744,621
8,508
736,113
347,497
4,329
2,767
340,401
19,615
19,615
BANKING AND MONETARY STATISTICS
304
NO. 75-lOMMERCIAL BANKS OPERATING BRANCHES AND THEIR BRANCHES, BY STATES, DECEMBER II,1WNUMBER AND DEPOSITS, BY CLASS OF BANK AND BY GEOGRAPHIC EXTENT OF BRANCH BANKING-Continued
Number of branches
Total
Geographic division and State
Total
United States...... _-..... 3,491
In head-office city
NaState Insured Nonnontional . member member insured Total
banks banks
banka
banks
1,623
Outside head-office city
Insured NonState
Nanontional member member insured
banks banks banks banks
Total
Insured
NaNonState
tional member non- inaured
banks banks member [ banks
banks
927
44
681
771
165
6
1,868
837
231
762
38
New England,,...... .... ,_ =
Maine
„,..
New Hampshire
„.„
Vermont . _ , _ „ » , _
Massachusetts
„._
Khode Island
Connecticut..
239
57
2
12
116
38
14
81
4
1
2
62
8
4
84
26
51
22
23
5
1
118
4
67
1
31
15
3
5
36
19
18
5
1
10
16
1
2
10
7
92
17
5
57
6
3
25
6
10
1
1
14
3
1
2
5
2
1
53
26
38
19
1
121
53
2
12
24
21
9
Middle Atlantic .
New York .
New Jersey .
Pennsylvania
852
640
115
97
255
184
33
38
497
400
57
40
100
56
25
19
770
601
85
84
228
171
23
34
4«2
383
45
34
80
47
17
16
82
39
30
13
27
13
10
4
35
17
12
6
20
9
8
3
Eaet North Central
Ohio..
Indiana
_„
Illinois
Michigan. „
Wisconsin
521
112
35
8
195
112
15
209
22
41
5
292
121
25
96
29
8
166
88
15
29
4
2
1
169
64
229
48
39
16
6
29
24
180
18
39
4
162
126
55
14
62
6
41
105
4
1
128
18
45
14
61
21
2
1
34
108
10
1
4
20
103
3
1
West North Central . .
Minnesota,. .,
Iowa..........™..... _ _
Missouri .._..„
North Dakota........^.
South Dakota
Nebraaka.......... ..
Kansas....,,,,,,
219
6
169
28
6
181
10
8
6
20
10
8
6
211
149
South Atlantic, .
Delaware
Mary land.. ._..._
District of Columbia, ..
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
..
368
12
78
30
72
1
126
22
25
2
78
Ea«t South Central
Kentucky...
Tennessee
Alabama
Mississippi
Weat South Central
Arkansas.
Louisiana
Oklahoma
Texas
Mountain
Montana
„ „
Idaho
Wyoming.,,, „
Colorado
New Mexico
Arizona
Utah
Nevada
PacificWashington
Oregon
California..
._„„
.,„
20
32
2
1,518
1,002
213
10
26
7
51
1
109
6
3
72
2
43
6
7
7
15
16
8
1
5
139
28
49
20
42
.
9
17
14
55
18
17
19
1
13
2
10
1
68
15
53
27
1
26
1
1
56
13
17
13
21
8
10
999
82'
66
851
826
79
64
683
112
2
37
30
21
42
43
2
22
8
6
27
6
17
9
8
3
11
2
1
7
2
1
4
4
1
37
18
16
3
3
2
1
21
19
1
1
21
19
1
1
3
3
1
2
71
8
22
6
5
4
126
45
2
2
41
10
10
20
12
20
1
1
1
1
1
181
14
11
156
36
29
3
21
51
1
118
19
14
2
5
1
6
105
5
3
18
10
1
16
1
9
1
47
15
32
8
53
13
17
17
13
2
6 i
25 i
11
9
65
1
13
64
13
.......
45
5
14
9
83
1
1
I
259
15
11
233
256
10
41
32
2
9
7
6
41
127
1
6
6
149
99
8
32
17
42
2
6
26
12
10
""""I"
181
2
40
20
17
3
5
17
32
10
6
159
2
40
14
26
86
13
13
1
20
32
20
12
20
2
4
1
740
67
55
318
1
186
10
17
5
2
1
2
71
8
22
41
39
14
25
7
6 .......
5
4
20
9
645
65
S3
527
62
62
32
2
2
28
1
1
BRANCH, GROUP, AND CHAIN BANKING
305
NO. 75-COMMERCIAL BANKS OPERATING BRANCHES AND THEIR BRANCHES, BY STATES, DECEMBER II,1939NUMBER AND DEPOSITS, BY CLASS OF BANK AND BY GEOGRAPHIC EXTENT OF BRANCH BANKING'-Continued
Geographic division and
State
Banks with branches outside of
head-office county but not beyond
counties contiguous to it
Banks with branches outside of
head-office city but not beyond
head-office county
Banks with branches in
head-office city only
Banks with branches in counties not
contiguous to that of head-office
Number of
Number of
Number of
branches in —
tranches in —
branches in—
Total
Total
Number
Total
Total
lum- deposits (in
dum- deposits fin
Num- deposits (in
of
Num- deposits fin
ber thousands branches ber thousands Head- Head- ber thousands Head- Head- Contig- ber thousands Head- Head- Contig- Nonof dollars) office office uous
of dollars) office office uous contigof dollars) office office
of dollars)
city :oun(y counties uous
city :ounty ;ounties
city ;ounty
ounties
, . 281
1,981,539
426
,216,119
160
580
174
,450,524
166
108
228
,164,552
180
71
2S4
647
New England
Maine
.
New Hampshire.
Vermont
Massachusetts
Rhode Island
Connecticut
_
40
3
1,449,570
9,588
94
3
30
8
335,881
21,127
15
51
13
21
15
121,085
4
5
2
3
85
3
3
5
8
6
3
9,251
107,050
118,864
79,589
._,_.
7
20
8
3
2
1
2
2
1
1
39
25
2
3
2
2
5
1
1,317,765
11,935
110,282
147,527
53,746
1,141
10,255
6,058
24,552
51,775
5
1
32
3
2
18
9
2
3
2
1
1
1
121,085
4
5
2
3
Middle Atlantic...
New York . . .
New Jersey
Pennsylvania
130
64
35
31
6,461.267
4,132,682
510,933
1,817,652
655
523
56
76
31
10
12
9
631,828
144,115
412,210
75,503
27
3
24
48
14
24
10
16
13
1
2
870,589
567,707
26,007
276,875
85
75
2
8
11
10
1
19
15
1
3
1
35,889
3
3
1
1
35,889
3
3
1
East North Central
Ohio
Indiana
Illinois
Michigan
49
12
11
2,019,373
568,059
233,523
220
55
25
126
25
28
585,316
285,246
32,409
28
24
164
32
39
29
2
565,191
514,307
44
42
27
12
34
4
2
6,343
_____
2
2
19
7
886,697
331,093
122
18
20
53
216,744
50,917
4
23
70
6
21
32,161
18,723
2
15
7
23
2
6,343
2 ,
2
4
2
305,546
288,081
8
6
94
75,832
121
46
38,015
16
53
5
31,804
84
73,502
108
33
' 34,727
12
39
5
5
1,023
1,307
8
5
2,062
1,226
4
17,465
2
6
7
2
9
5
1
4
232
31,572
36
2
8
736,500
122,197
169,619
78
2
23
51
1
11
69,579
2,583
23,137
68
2
15
40
3
5
549,504
33,774
269,600
23
51
6
7
16
438,175
11
8
274,919
125,882
30
13
27
1
19
1
3
4
6
12
3
79,363
3
5
1
27,968
1,024
10,897
1,935 ..._..
2,035
52,353
19,711
6,053
18,119
20
1
14
1
3
9
4
1
2
17
2
4
22,336
2,168
169,273
8
20
2
4
8
<2
1
1
182,475
61,539
104,719
538
3
2
2
East South Centra
Kentucky
Tennessee
Alabama
Mississippi
8
5
3
289,957
159,098
130,859
27
20
7
42
6
16
4
16
10
2
1
29,289
7,307
10,208
7
10
2
1
4
36,286
1
7
11,774
7
2
1
1
23,800
5,550
6,936
West South Centra
Arkansas
Louisiana
Oklahoma
Texas
_
6
302,689
21
6
302,689
21
2
1
1
9,866
960
8,906
10
8
155,653
3
4
60,463
1
1
1
1
1,864
41,838 _ _ _ _ _
19,967
31,521
1
United States
"VV^iaconsin
West North Central
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
South Atlantic
Delaware
Maryland
District of
Golurnbia
Virginia
West Virginia
North Carolina..
South CarolinaGeorgia
Florida
1,117
4
1
.....
14
16
2
5
416,638
16,163
14
3
6
400,475
11
1
31
10
21
41,879
6,146
35,733
36
10
26
3
3
8,346
8,346
14,272
9
6
48,231
1,669
1
1
6,007
2
1
2
1
8
2
157,732
3,845
73,320
70,242
10,325
1
Montana
Idaho
Wyoming
Colorado
New Mexico
Arizona , _ _
Utah
Nevada
37
6
13
2
16
7
Mountain
Pacific
Washington. ~
Oregon
California
8
1
2,294
3,671
1,210
2,428
4
1
2
1
1
2
2
912
21,418
19,894
1
1
3
1
3
3
41
1
2
38
6
1
193,832
3,400
7
7
9
1
5
190,432
7
7
8
19
1
2
16
12
9
3
306,800
77
929
2,767
303,104 ~ ~ ~ 7 7
7
3
3
2
3
53
1
9,541
14 3,329,451
5 334,407
2
246,319
7 2,748,725
_____
------
7
12
2
10
2
7
1
11
11
46
64
4
9
6
7
35
1
6
1
29
15
7
1
1
1 ______
16
23
6
5
5
9
7
7
3
3
3
1
2
2
1
1
5
23
33
1
8
19
3
1
9
2
4
1
64
3
39
• 4
1
34
137
26
6
105
507
35
46
426
1
161
12
11
138
The classification of banks by geographic extent of branch systems contains no duplications, since each bank operating one or more branch offices is classified according to the widest area in which it operates them and a bank in a given classification may have one or more branch offices in a lesser area; e.g., a bank
oparating branch offices outside its head-office city but not beyond the limits of its head-office county may also have one or more branches within the head-offices
city. If a bank operates branch offices only within thel imits of the city in which it is located but in two counties, the bank is classed as operating branch offices
in "head-office city only." New York City, consisting of five counties, is the most important instance of this character. The number of branches in the headoffice county does not include the number in the head-office city.
BANKING AND MONETARY STATISTICS
306
NO. 76-COMMERCIAL BANKS OPERATING BRANCHES AND THEIR BRANCHES, DECEMBER 31,1111SELECTED CLASSIFICATIONS OF NUMBER AND DEPOSITS
Number of branches
Banks operating branches
Outside head-office city1
Classification
Totala
Number
.„„...„...._. .....-.,..--.
By class of bank:
National
State member
--
*
-. . ' -•_.,.__.
N o ni DS u re d
By amount of deposits of bank:
$250 000 and under
260 000-500 000
500 ooo-i ,ooo,oo~o~
1 000,000-2,000,00~0
2 000 000-5 000,000
5000,000-10,000,000
10 000 000-50 000 000
Over 50 000 000
-
-.
_.
-
..„_..
...„.._.
-.- ----
By number of branches per bank :
2
3
4
5
g
7
g
9
10
11
12
13
14
15
16-20
21-50
51-100
Over 100
By population of place in which located:3
Under 500
500-1 000
1 000-2 500
2 500-1 0 000
10 000-50 000
50'000-100 000
100 000-500 000
500 000 and over
By method of establishment of branch:
Oe HOVO
Unknown
Total
deposits (in
thousands of
dollars)
Total
In
head-office
city
In
head-office
county
In
contiguous
counties
In noncontiguous
counties
759
4«2
837
231
762
38 •
115
10S
513
23
165
81
203
13
«47
f-*'
557
42
46
2
23
98
163
145
95
42
102
91
10
40
37
41
41
49
100
144
Total
1,868
934
30,813,734
3,491
1.623
195
165
549
25
14,923,561
13,869,160
1,844,922
175,091
1,518
1,002
927
44
681
771
165
6
230
119
164
134
123
103
167
94
5,692
45,283
119,116
189,118
418,017
756,641
3,714,735
25,564,132
36
139
208
202
201
224
655
1,826
2
6
10
59
107
360
1,079
34
139
202
192
142
117
295
747
557
152
73
33
19
IB
10
g
4
§
g
4
6
3'
1
9
13
6
2
3,599,579
5,473,286
1,648,174
781,765
710,192
1,342,641
542,676
229,937
166,771
844,692
2,173,157
311,534
249,906
193,510
40,853
814,253
5,432,126
4,198,013
2,059,669
557
304
219
132
95
108
70
64
36
80
88
48
78
42
15
162
401
382
610
148
109
100
65
59
52
32
36
4
52
50
35
43
18
1
80
304
329
106
409
195
119
67
36
56
38
28
32
28
38
13
35
24
14
82
97
53
504
86
92
135
155
132
69
151
114
40,865
54,658
128,505
320,138
938,361
915,563
5,344,680
23,069,964
393
307
338
402
274
143
473
1,161
3
11
60
73
409
1,067
393
307 i
335
391
214
70
64
94
2,118
1,314
59
1,150
442
31
968
872
28
1
1
2
6
26
93
512
i
!
•
li'
i
i
* The distribution of branches outside head-office city—by head-office county, contiguous counties, and noncontiguous counties- is not
available for the last three classifications shown in this table.
2
Includes one trust company without deposits.
3 The number of banks and branches is distributed according to the population of the places m which the respective banks and brunches
are located. A segregation of deposits of banks and branches, however, is not available; consequently, the deposits of banks (including branches)
are distributed according to the population of the places in which the banks are located.
BRANCH, GROUP, AND CHAIN BANKING
307
NO. 77-COMMERCIAL BANKS OPERATING BRANCHES AND THEIR BRANCHES, BY STATES, DECEMBER 31,1941NUMBER AND DEPOSITS, BY CLASS OF BANK AND BY GEOGRAPHIC EXTENT OF BRANCH BANKING
Banks operating branches
Number
Total deposits (in thousands of dollars)
Geographic division and State
National
Total
State
member
Insured
nonmember
Noninsured
Total
National
State
member
Insured
nonmember
Noninsured
..,
968
205
174
563
26
38,495,604
19,094,153
17,074,691
2,107,713
219,047
30
3
1
2
18
3
3
21
4
25
10
11
4
1
347,134
168,396
24,306
15,209
52,207
4,255
38,459
146,661
14,128
642
4
9
1
1
1,597,052
32,226
815
3,135
1,276,164
88,219
196,493
144,013
33,883
14
2
1
2,466,957
119,632
1,457
18,344
1,675,505
321,251
330,768
579,231
39,395
- - - _
87
21
2
6
41
11
6
189
95
50
44
69
31
17
21
82
46
23
13
37
17
10
10
1 22,053,924
1 18,323,718
1,178,686
2,551,520
8,376,819
6,631,751
417,315
1,327,753
13,039,555
11,378,807
574,955
1,085,793
632,669
308,279
186,416
137,974
4,881
4,881
East North Central
Ohio
Indiana
Illinois
Michigan
Wisconsin . . .
209
28
8
6
33
16
3
144
14
33
4
4,148,914
1,766,421
329,215
2,152,625
658,372
148,499
1,687,456
1,053,210
88,481
272,481
54,839
92,235
36,352
38
42
46
83
11
3
10
4
22
75
3
1
1,569,106
484,172
1,023,736
322,018
464,674
81,091
44,943
80,464
35,753
599
West North Central
Minnesota
Iowa
Missouri North Dakota
South Dakota
Nebraska
Kansas
163
2
119
8
2
149
6
114
5
558,704
341,318
142,119
400,371
341,318
16
19
1
8,596
44,812
21,859
37,194
21,859
South Atlantic
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia
_.
Florida
116
7
25
11
39
22
25
3
6
5
4
96
4
16
1
29
3
3
5
6
46
6
10
2
3
2
3
3
1
3
39
3
3
1
1
East South Central
Kentucky
Tennessee
Alabama
Mississippi
62
13
21
3
25
11
3
5
2
1
4
2
1
1
47
8
15
West South Central
Arkansas
Louisiana
Oklahoma
Texas
42
14
28
8
1
7
1
Mountain
IVIoiitana
Idaho
"\Vyoming
Colorado
New Mexico
Arizona
Utah
Nevada
23
7
5
4
5
2
2
2
2
Pacific
Washington
Oregon
California
47
9
6
32
17
6
2
9
United States
New England
Maine
New Hampshire
- Vermont
M assach usetts
Rhode Island
Connecticut
_
Middle Atlantic
New York
New Jersey - Pennsylvania
.
..
- -.
17
23
2
_ .
4
2
5
1
60,381
71,510
153,633
4,700
137,594
4,525
8,421
7,618
175
2,383,475
192,481
604,414
380,169
381,494
1,241,944
767,431
146,348
193,969
134,444
102,906
367,162
46,133
91,236
5,580
78,497
6,938
319,209
240,145
200,091
326,378
105,218
391,337
1,984
30,611
92,505
359,383
153,695
7,405
28,664
136,476
5,308
2,474
1,458
5,596
674,210
203,029
360,958
107,919
2,304
65,516
33,036
31,860
620
77,826
19,321
21,983
24
817,552
255,386
414,801
108,539
38,826
33
13
20
460,835
24,346
436,489
395,158
11,676
383,482
13,468
52,209
12,670
39,539
12
11
279,042
253,561
6
1
88,613
84,172
5
2
3
6,964
84,019
56,276
43,170
1
8
1
7
21
2
4
15
1
1
1
1
5,326,201
506,809
364,944
4,454,448
'
13,468
73,606
52,613
43,170
922,034
4,002,413
10,617
490,844
359,816
3,151,753 ~~"m~ll7'
816
526
36,522
25,481 _ _ _ _ _
4,441
6,964
10,413
3,663
382,239
5,348
5,128
371,763
19,515
'"will's
BANKING AND MONETARY STATISTICS
308
NO. 77-COMMERCIAL BANKS OPERATING BRANCHES AND THEIR BRANCHES, BY STATES, DECEMBER 31,1M1NUMBER AND DEPOSITS, BY CUSS OF BANK AND BY GEOGRAPHIC EXTENT OF BRANCH BANKING-Continued
Number of branches
Total
United States
Outside head-office city
In head-office city
Total
Geographic division
and State
Insured
State non- NonNational member member insurec Total
banks banks banks banks
Insured
State non- NonNational member member insured Total
banks banks banks banks
Insured
State non- NonNationa member member insured
banks banks banks •bunks
3,558
1,565
1,015
932
46
1,612
684
782
135
1
1
1,946
881
233
797
35
New England . . .
.Maine
New Hampshire. ....
Vermont
Massachusetts - _
Rhode Island
Connecticut
242
59
2
9
118
38
16
82
4
1
2
62
8
5
86
28
50
22
24
5
1
117
4
67
1
31
14
3
5
36
19
19
5
1
7
18
1
2
10
8
91
17
S
57
6
3
25
6
9
1
1
4
1
15
3
1
2
6
2
2
55
28
38
19
1
125
55
2
9
27
21
11
Middle Atlantic
New York
New Jersey
Pennsylvania
862
647
120
95
25$
180
34
42
503
408
60
35
102
58
26
18
1
1
755
590
86
79
223
164
24
35
455
380
46
29
76
45
16
15
1
1
107
57
34
16
33
16
10
7
48
28
14
6
26
13
10
3
East North Central. _.
Ohio
Indiana.
Illinois--. . . .
Michigan
Wisconsin
538
169
67
122
37
8
206
110
15
201
22
44
9
290
120
25
98
30
8
176
85
15
11
5
2
5
248
49
42
24
7
30
25
190
17
42
4
169
133
63
14
75
6
23
112
8
1
127
18
46
14
74
2
2
2
5
42
115
17
1
4
21
110
3
1
West North Central...
Minnesota,
Iowa
Missouri,,.,,
North Dakota
South Dakota
Nebraska
Kansas.. .„
231
6
157
28
6
196
7
8
6
a
233
20
151
6
24
42
2
23
-22
1
20
2
South Atlantic......^.
Delaware...
Maryland
District of Columbia
Virginia _
We»t Virginia. .
North Carolina
South Carolina
Georgia. _„
Florida
374
13
79
30
70
85
81
3
42
12
8
201
10
27
1
47
4
10
17
15
131
24
25
2
7
20
16
10
1
5
112
3
3
1
2
East South Central
Kentucky
Tennessee
Alabama „
Mississippi. ...
145
29
52
20
44
59
19
20
19
12
2
9
1
74
8
23
We»t South Central. .
Arkansas
„
Louisiana.
Oklahoma
Texas
„
70
15
55
29
1
28
I
Mountain _ .,
_ _ „ ..
Montana,.,
Idaho
Wyoming
Colorado,,- ._.
.
New Mexico
Arizona «,„
Utah
Nevada
92
37
7
26
12
10
21
8
10
1,004
£6
68
850
830
83
64
683
Pacific........
Washington
Oregon
California
6
24
42
2
117
44
7
17
9
53
3
22
12
7
20
39
30
21
10
3
11
2
2
7
4
1
4
43
21
19
3
40
19
18
3
3
2
1
40
14
26
23
21
1
1
23
21
1
1
74
18
3
3
35
2
28
3
20
5
49
6
1
4
181
5
18
9
6
19
9
2
16
1
8
1
H
2
102
8
33 i1
17
44
43
1
125
47
2
4
41
1
7
fi
1
184
10
17
4
42 ........
108 1
3
3
1 i
2
1
1
74
8 .........
23
43
8
1
7 „..__.
39
14
25
1
1
1
1
1
256
16
11
229
89
ISO
15
11
154 i
63
1
62
13 _ _ _ _ _ _ _
13
18 ........
35
2 ........
7
25
11
9
1
1
1
71
37
7
5
4
126
1
47
15
32
6
7
23
22
20
41
31
1
151
257
10
40
16
i
7
9
196
197
2
1
1
13
13
1
20
7
9
74S
1Q
650
621
53
529
a?
68
7 i
5
4 „.„.,.,.„_
63
34
2
4
63
28
1
1
BRANCH, GROUP, AND CHAIN BANKING
309
NO. 77-COMMERCIAL BANKS OPERATING BRANCHES AND THEIR BRANCHES, BY STATES, DECEMBER 31,1941NUMBER AND DEPOSITS, BY CLASS OF BANK AND BY GEOGRAPHIC EXTENT OF BRANCH BANKING'-Continued
Banks with branches in
head-office city only
Geographic division
and State
Banks with branches outside
of head-office city but not
beyond head-office county
Number of branches in—
Total
Tola]
Total
Total
deposits
deposits
Num- deposits
Num- deposits
Num- (in thou- Number Num- (in thouNonof
Con- ber (in thou- Head- Head- Con- contigber (in thouber sands of branches ber sands of
sands of
tig- uous
sands of Head- Head- tiguHead- Headdollars) office office uous coundollars) office office
dollars)
dollars) office office ous
city county coun- ties
city county councity county
ties
ties
138
111
236
208
72
235
664
193,295
69,207
1,457
8,261
7,861
34,999
71,510
6
1
20
16
133,397
4
5
2
3
2
2
1
2
1
1
40
26
2
2
2
2
6
1
7
23
8
4
17
9
2
2
2
1
1
1
133,397
4
5
2
3
40
12
28
65
25
28
12
18
14
1
3
900,704
549,279
33,682
317,743
57
47
2
8
11
10
1
21
16
1
4
2
1
1
234,181
186,842
47,339
31
29
2
7
4
3
1
1
2
1
1
797,402
397,189
46.047
33
29
174
32
42
30
3
751,436
676,947
42
40
28
12
36
5
2
62,208
10
21
55
288,726
65,440
4
24
76
6
21
50,292
24,197
2
16
8
23
2
62,208
10
106
105,441
133
48
52,444
16
53
5
37,642
2
7
12
88
98,195
111
31
43,924
10
36
6
12
2,454
4,792
7
15
10
7
5,694
2,826
6
10
7
1
4
448
37,194
2
7
1
11
82
3
24
30
13
49
1
11
85,199
2,909
29,859
1
64
2
15
43
3
5
705,352
43,224
332,413
24
17
2
54
6
7
15
614,148
10
46
66
1
13,947
3
9
6
18
29,904
1
23
10
82,225
4
7
13
3
107,862
3
28,488
7,405
26,668
7
1
4
14
1
3
1
15,932
2,663
2,474
1,458
19
1
3
1
18
2
4
1
29,058
2,645
215,261
526
8
21
2
4
1
8
2
1
252,900
92,505
146,934
3
2
2
7
36
1
30
17
7
392,460
236,065
156,395
27
21
6
41
6
16
2
17
339,869
4,442
222,997
96,865
15,565
47
6
19
4
18
9
2
29,612
14,879
7
9
2
4
55,611
1
1
15
23
12
3
14,733
7
35,409
11,674
8,528
1
7
2
1
1
1
6
4
5
8
8
7
53,754
9,816
43,938 =--.._
36
10
26
3
3
12,844
12,844
3
3
2
1
1
13,972
1,686
12,286 „„__
3
3
1
2
2
1
1
17,310
10
7
63,858
11
8
197,874
5
24
36
6,298
3
4
76,548
1
9
22
1
1
1
1
2,398
52,603
26,060
40,265
9
2
4
1
6
4
3
137
26
6
105
510
38
46
426
182
628
88
3
32
9
463,257
24,233
19
55
13
30
3
1
1,522,444
14,060
114,312
81
3
1
4
9
6
4
10,083
145,200
138,795
144,946
8
8
3
128 20,020,138
64 17,303,401
584,013
33
31 2,132,724
627
502
54
71
41
16
15
10
898,901
284,196
513,652
101,053
46
11
11
2,537,868
692,285
283,168
215
51
25
131
24
31
17
7
1,167,880
394,535
121
18
West North Central...
Minnesota
Iowa
Missouri .
North Dakota
South Dakota
Nebraska
Kansas.
4
2
363,177
341,318
8
6
2
21,859
2
South Atlantic.
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
39
3
8
11
8
978,776
146,348
228,195
380, 169
161,503
6
1
2
East South Central,,.
8
5
3
Middle Atlantic
New York.
New Jersey
Pennsylvania
East North Central...
Ohio
Indiana
Illinois
Michigan
"Wisconsin
Kentucky
Tennessee
Alabama
Mississippi
West South Central. _
Arkansas .
Louisiana
Oklahoma
Texas
277 26,852,461
1,084
7
380,265
33
7
380,265
23
Mountain.
Montana
Idaho
"Wyoming
Colorado
New Mexico
Arizona
Utah
Nevada
Pacific
Washi ngton
Oregon
California.
30
10
20
8
15
15
5
2
3
7
2
8
2
502,769
26,350
14
3
6
476,419
11
5,767
2
1
2
1
2
1
1
53 5,563,830
181 2,925,781
457 3,153,532
1,677,008
26,192
New England
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Banks with branches in counties not
contiguous to that of head-office
Number of
branches in —
Number of
branches in—
37
3
United States
Banks with branches outside of headoffice county but not beyond counties
contiguous to it
2,448
4,393
1,797
2,905
4
1
2
1
2
2
2
2,118
27,023
28,419
1
1
3
2
3
3
19
1
4
14
392,399
930
5,128
386,341
44
1
4
39
6
1
216,236
4,418
7
9
9
1
5
211,818
7
9
8
74
74
14 4,214,797
5 475,111
2
359,816
7 3,379,870
10
6
3
1
•
3
.. """I"
161
13
11
137
39
4
1
34
The classification of banks by geographic extent of branch systems contains no duplications, since each bank operating one or more branch offices is
classified according to the widest area in which it operates them and a bank in a given classification may have one or more branch offices in a lesser area; e. g.t
a bank operating branch offices outside its head-office city but not beyond the limits of its head-office county may also have one or more branches within the
head-office city. If a bank operates branch offices only within the limits of the city in which it is located but in two counties, the bank is classed aa operating
branch offices in "head-office city only." New York City, consisting of five counties, is the most important instance of this character. The number of
branches in the head-office county does not include the number in the head-office city.
BANKING AND MONETARY STATISTICS
310
NO. 78-BRANCHES OF MEMBER BANKS CLASSIFIED BY AMOUNT AND CHARACTER OF
ASSETS AND LIABILITIES, JUNE 30,1940
CONSOLIDATED BALANCE SHEETS 1 OF ALL MEMBER
BANKS AND BEANCHES OF MEMBER BANKS
[Amounts in thousands of dollars]
CLASSIFICATION OF BANKS OPERATING BEANCHES
BY RATIO OF BRANCH DEPOSITS TO TOTAL DEPOSITS*
[Deposits in thousands of dollars]
Branches of member banks
All
member
banks "
Item
Aesets
Heal esta
.,.,,---,, —
Other loans and discounts
{including overdrafts)__.
United States Government
and other securities.,,..,.,..,
Cash assets 3 _ _..„_., ..... ...
Other assets.
Total
3,068,565
652,092
210,810
441,282
:0,900,20S ,407,778
855,584
552,194
In
Outside
id-o
id-offii
lead-office head-office
city
city
Deposits
©f
branchese
3,323
73,112
!0,482,237
69,789
11,829,674 ,154,864 ,713,317 ,441,547
22,882
23,942
46,824
1,565,665
09
97
90
34
12
100
275
533
533
879
143
4,084,731
4,248,541
7,383,610
2,764,811
2,987,860
2,764,585
2,884,994
1,033,386
2,573,998
Total...
307
2,523
24.234,138
7,946,455
,018,019 ,841,962 ,176,057
Deposits of individuals:
partnerships and corporations............ 26,396,6004,412,997 5,551,246
Deposits of U. S. Government, States and
91,405
political subdivisions 3,239,638 306,951
475,041 56,311
31,519
Certified cheeks, etc.,,..
9,548,119 241,760 167,792
Deposits of banks
... 12,069,7223,128,759
861,751
215,546
24,792
73,968
864,7191,264,040
Savings deposits. _.,„„„,, .0,098,565 ,851,652 ,763,587 1 ,088,065
Deposits of States and
18,284 117,986
410,049 136,270
political subdivisions
Other time deposits (ineluding postal sav1,561,108 140,837
57,989
82,848
ings)........
200,043
634,034
Banks operating one or more
out-of-town branches
Ratio of deposits of out of town
branches to total deposits
Number Number Deposits
of bank6
of out ©f ©f banks
of
town
and
banks
branches branches
Under 10%.......
10—25%——.
25-50%—..
50—75%—-.
75% and over.
Unclassified '„
49
25
38
H
5
14
74
74
283
147
488
17
2,098,242
981,677
1,585,192
590,620
1,556,150
281,508
81,659
158,321
573,875
337,514
1,218,170
Total,
145
1,083
7,093,289
2,369,539
51,729,1208,146,778 5,706,681 2,440,097
Total depositsDue to head office (or to
other branches)--„._....«..,
Other liabilities... ——.
Capital accountH
Number Number Deposits
of
of 1 of banks
banks branches
and
branches
Under 10%_
10—25 %...,-,-25—S0%.™._.
50-75%——
75% and over.
Unclassified <.,„
Liabilities
Demand deposits—total..,..
Total liabilities
Banks operating head-office city breaches,
out ©f town branches, or both
i7,846,3468,334,670 ,805,916 ,528,754
Total assets,,.
Time deposits—total
Ratio of deposits of all branches
to total deposits of bank
509,474
131,317
56,57,e
81,249
17,986
50,068
38,589
CLASSIFICATION OF BKANGHES BY AMOUNT OF
DEPOSITS AND BY AMOUNT OF LOANS
Number ©f branches
..... 52,238,5948,334,676 5,805,9162,528,754
....
5,607,752
Classification
Total liabilities and
57,846,346
capital accounts.
N u m b e r of b a n k s or
branches
......
6,398
«2,28fi
1,250
Number of branches with interbank
deposits per $100 of totaldeposite of—
By amount of total deposits of branch:
Under $1,000,000.—
1,000,000—2,000,000..-..
2,000,000—6,000,000—
5,000,000—10,000,000..-.
10,000,000 and over...._
Total......—,.
Total
Under $10$10
20
74
159
76
91
351
$4060
$60
and
over
Totals-. — . — — —
By amount of total deposits of branch:
Under $150,000———
150,000—250,000..-..--.
250.000—500,000- _._„-..
500,000—1,000,000—,--.
,440
1,083 100.0 100.0 100 0
12
18
37
205
479
210
269
1,000,000—5,000,000..,-. 1,266
1S2
5,000,000-10,000,000—
10,000,000 and2 over.,,.., 132
204
UnclassifiedL ___-... „
758
137
1097
161
508
45
H35
43
29
142
By amount of t o t a l
loans of branch:
Under $50,000.——50,000—150,000.- —
150,000—250,000
250,000-500,000. — —
34
69
118
53
77
8439
$2040
OutOutIn
side
In
side
head- Total head- headTotal head, office office
office office
I city city
city eity
1,035
CLASSIFICATION OF BRANCHES WITH INTERBANK
DEPOSITS, BY AMOUNT OF TOTAL DEPOSITS AND BY
RATIO OF INTERBANK DEPOSITS TO TOTAL DEPOSITS
Classification
32
Percentage
distribution *
16
179
350
259
416
29
150
215 i 135
127
132
186
500,000—1,000,000—
1,000,000—5,000,000—
5,000,000 and over.—
Unclassified 12
374
426
67
452
147
227
181 ; 245
1338 "29
391
61
1.2
1.6 '
.6
8.8 | 4.9 13!?
20.7 ': 16.4 25.9
54.6 59.3
7.8 : 10,7
5.7 I 7.6
48.8
4,3
3.3
16.9
12.5
20.1
8.6
14.3
20.3
12.6
17.7
13.2
12.4
22.5
18.1
20.6
14.0
17.3
22.2
24.0
3.2
3.6
2.8
2.9
1
Since the balance sheet of all member banks represents consolidated figures in which "due from" and "due to" branch accounts are eliminated
and 2
since investments and capital accounts are customarily not allocated to individual branches, the figures are not in all respects comparable.
3
Includes amounts reported by branches.
Includes, in the case of branches, amounts due from head office or from other branches.
* Excludes 238 branches from which balance sheets were not received (48 of which were located outside ©f head-office cities), because their
accounts are consolidated with those of the head office or another branch.
6
Deposits of both banks and branches are exclusive of interbank deposits; deposits of banks include amounts held at branches.
6
Exclusive of deposits of branches whose accounts are consolidated with those of the head office^
7
Represents banks and their branches for which no branch deposit
respective banks are consolidated with those of the head office. There
out of town branches; these 61 branches were operated by 23 banks whicl . . . . . . . _ . .
distribution of the number of branches by ratio of branch deposits to total bank deposits.
For other footnotes see opposite page.
BRANCH, GROUP, AND CHAIN BANKING
811
N0.78-BRANCHES OF MEMBER BANKS CLASSIFIED BY AMOUNT AND CHARACTER OF
ASSETS AND LIABILITIES, JUNE 30,1940-Continued
CLASSIFICATION OF BRANCHES OUTSIDE OF HEAD-OFFICE CITIES, BY
POPULATION OF PLACE IN WHICH LOCATED AND BY SELECTED RATIOS i'
Per cent 9 of branches located in places
with population of—
Number of branches located in places
with population of—
Classification
Total
Under
500
500—
2,500
2,500— 10,000— 50,000
10,000 50,000 and over
1,083
48
315
327
By ratio of savings deposits to total
deposits of branch :
Under 10%
10—25%
25—50%
_
50—75%
75% and over
,
Unclassified12...
24
110
376
411
108
54
2
3
18
15
2
9
7
53
107
100
22
26
6
28
142
124
19
8
By ratio of total loans to total deposits of branch:
Under 10%
10—25%
-25—50%
50—75% , -_
_
75—100%
100% and over
Unclassified12
67
156
378
258
93
70
61
1
5
16
9
4
4.
10
17
43
110
68
30
18
29
By ratio of real estate loans to total
loans of branch :
Under 10%
10—25%
25—50%
50—75% _ •_
-. .
75% and over
Unclassified12
125
169
243
297
117
132
9
7
13
8
2
10
49
60
88
56
14
48
Totals
Total
Under
500
500—
2,500
2,500— 10,000-, 50,000—
10,000 50,000 and over
180
212
100.0
100.0
100.0
100.0
100.0
100.0
7
14
64
67
19
9
2
12
45
105
46
2
2.3
10.7
36.6
39.9
10.5
5.0
7.5
45.0
37.5
5.0
2.4
18.4
37.0
34.6
7.6
1.9
8.8
44.5
38.9
5.9
4.1
8.2
37.4
39.2
11. 1
1.0
5.7
21.4
50,0
21.9
18
56
112
89
28
16
8
14
27
53
50
14
14
8
17
25
87
42
17
18
6
6.6
15.3
37.0
25.2
9.1
6.8
2.5
12.8
41.0
23.1
10.3
10.3
5.9
15.0
38.5
23.8
10.5
6.3
5.6
17.6
35.1
27.9
8.8
5.0
8.2
15.6
30.8
29.0
8.2
8.2
8.3
12.1
42.2
20.4
8.3
8.7
36
63
81
89
28
30
19
33
25
49
34
20
12
6
36
95
39
24
13.1
17.8
25.6
31.2
12.3
23.1
18.0
33.3
20.5
5.1
18.4
22.5
32.9
21.0
5.2
12.1
21.2
27.3
30.0
9.4
11.9
20.6
15.6
30.6
21.3
6.4
3.2
19.1
50.5
20.8
'
For footnotes 1-7 see preceding page.
8
Branches which reported no interbank deposits either because none were held or because accounts were consolidated with those of the head
9
office or another branch numbered 2,084.
Based on totals excluding unclassified branches.
0
o Sixty-eight of these branches were in New York City, and 10 of these 68 had deposits in excess of 50 million dollars. Three other head-office
city11
branches (1 in San Francisco and 2 in Los Angeles) had deposits of more than 50 million dollars.
Includes 3 branches with deposits in excess of 50 million dollars, 1 each in Los Angeles, Oakland, and Atlanta.
12
Represents branches all of whose accounts were consolidated with those of the head office or another branch, or the reports of which showed a
blank in this item.
13
Twenty-five of these branches were in New York City, and 10 of these 25 had loans in excess of 10 million dollars. Five other head-office
city14branches had loans of more than 10 million dollars—2 in Los Angeles and 1 each in San Francisco, Buffalo, and Philadelphia":
Includes 8 branches with loans in excess of 10 million dollars—2 each in Oakland and Sacramento, and 1 each in Los Angeles, Fresno, Atlanta,
and16
Augusta (Ga,).
High ratios (50% and over) of savings deposits to total deposits, Joans to deposits, and real estate loans to total loans were more prevalent
at California branches—which constitute over half of all out of town branches—than at branches elsewhere. Consequently the distributions
of all branches taken as a whole are substantially influenced by the California ratios.
N0.79-MUTUAL SAVINGS AND PRIVATE BANKS OPERATING BRANCHES AND THEIR BRANCHES,
BY STATES, DECEMBER 31,1935,1939, AND 1941-NUMBER AND DEPOSITS1
Number of branches
Banks operating branches
1935
Mutual Savings Banks
United States
Delaware Maine
Maryland
IVI assac h usetts
New Hampshire
New Jersey
New York
Pennsylvania
Rhode Island
Vermont
Washington..
Total deposits '
(in thousands of dollars)
Number
State
.
1939
78
1
1
2
2
25
1
3
37
4
1
1
80
1
1
2
2
25
1
3
39
4
1
1
1941
1935
1939
1941
81 4,456,750 4,019,711 4,853,289
35,794
33,132
1
38,451
1
30,839
23,301
35,494
28,124
28,324
2
26,749
26,573
31,273
2
19,745
397,882
416,350
405,526
24
1,721
1
1,987
2,298
140,307
132,307
129,438
3
40 3,259,484 3,603,103 3,559,506
4
487,997
550,219
561,271
1
67,626
68,975
64,066
1
10,366
18,789
18,925
1
73,808
In head-office city
Total
1935,
1939
124
1
1
2
16
33
1
4
47
13
2
4
132
1
1
2
16
33
1
4
50
13
2
9
Outside
head-office city
1935
1939
1941
1935
1939
1941
135
106
1
1
1
1
1
2
14
16
32
23
1
4 . 4
52
47
14
13
2
2
9
1
110
1
1
1
14
24
113
1
1
1
14
23
18
22
22
1
2
10
4
50
13
2
4
52
14
2
1
2
9
1
1
2
9
1
4
9
9
1941
1
Private Banks
1
1
1
46,223
6
6
137,677
5
6
5
5
United States
5
5
5
103,116
1
1
1
364
500
802
1
1
1
1
1
1
Indiana
2
2
2
1
1
1
2
2
43,734
99,030
133,722
New York
2
1
1
1
2
3
3
3
2
3
2,125
Pennsylvania.
3
3
2,586
3,153
2
1
There were no mutual savings or private banks operating in the States not shown. In California, however, there was one bank (with deposits
of $89,240,000 as of December 31, 1935, and with four head-office city branches) which until 1939 was classified as a mutual savings bank in figures
previously published by the Board; this bank in this series is included in Tables 73-78 giving data for commercial banks (see footnote 2, Table 73).
312
BANKING AND MONETARY STATISTICS
NO. 80-GROUP AND CHAIN BANKING, BY STATES, DECEMBER 31,IMSNUMBER AND LOANS AND INVESTMENTS, BY CLASS OF BANK
Banks in groups and chains
Geographic division
and State
Total
United States
Loans and investments
(in thousands of dollars)
Number
Number of
groups and
chains
National
Total
Nonmember
State
member
National
State
member
Nonmember
M
24.7
129,346
56,077
11.0
13.0
30.4
22,9
67,556
139,928
37,649
4,850
30,770
1.2
18.9
12.5
6.9
.8
40.6
42.2
6.2
3,782,351 1,985,799 2,247,424
597,277 1,762,637
2,529,214
108,869
133,586
424,309
375,918
354,936
828,828
449,128
169,300
181,854
97,974
7.8
11.2
13.4
3.7
19. •
20.2
20.2
15.8
848,124
53,S17
20,667
173,241
598,499
574,1*1
1,718
17,714
345,954
183,576
25,229
5.7
.6
3.1
5.3
15.9
5.9
26 5
3.3
10.2
31.7
54.4
23,2
104,186 216,412
1,894
111,803
21,392
898
98,3161 i 24, 380
11,834
9,287
1,828
16,754
20,962
1,405
11.6
26.5
6.8
2.5
22.1
15.6
9.6
9.7
26.5
65.6
10.8
12.7
47.0
32.6
13.6
16.8
3.5
6.7
11.3
.8
3,165
854
124
10
2
75
13
43
6
7
25
7
1,086,597
70,742
749,767
14,665
207,484
6
1
1
1
48
3
10
1
30
1
5
6
1
12
1
5
1,173
824,804
151,603
38,275
1,173
719,599
6,825
7,505
Middle Atlantie____
New York
New Jersey _ . _
Pennsylvania. _ .....
53
21
18
14
232
104
72
56
104
52
33
19
46
19
15
12
82
33
24
25
East North Central....
Ohio, .
...._
Indiana
Illinois
„_...
Michigan
Wisconsin .._.„._ i
42
3
5
14
13
299
6
26
93
118
56
78
2
9
21
25
21
28
3
1
5
19
193
We«t North Central. „
Minnesota
Iowa
Missouri
_
North Dakota
South Dakota
Nebraska
Kansas
107
36
14
8
5
5
14
25
724
276
85
32
91
60
77
103
296
123
32
10
38
30
29
34
9
2
1
2
419
151
52
20
53
27
48
68
1,012,515
544,228
84,756
151,982
52,515
44,572
66,785
67,677
691,917
430,531
62,466
29,441
40,681
33,457
50,031
45,310
South Atlantic
Delaware
Maryland
District of Columbia
"Virginia
West Virginia
North Carolina
South Carolina
Georgia
„.„«,„
Florida
15
1
82
3
32
6
44
3
344,205
1,152
291,274
1
6
7
6
25
47
3
10
19
East South Central.,,.
Kentucky
Tennessee
AliiuXimti
Mississippi
17
3
4
4
6
109
16
32
22
39
37
10
11
13
3
West South Central..,.
Arkansas
Louisiana . _.
Oklahoma
Texas
39
5
4
12
18
294
74
17
102
101
1ME on tit a in
Montana. ..=.-..,._.
Idaho
Wyoming
Colorado
New Mexico
Arizona
Utah
.._.
Nevada
21
2
3
3
3
2
1
5
2
Pacific
Washington _ „
Ore«on
California
28
12
7
9
.„ ,
Maine
New Hampshire .
Vermont
Massachusetts „.
Rhode Island. „
Connecticut
7
1,187
ii
67
74
35
3
1
j
2,881,817 1,281,4*2
28,441
83,976
45,224
83,605
685,902
1,205,097
316,480
1,098,555
185,355
210,584
16,769
3M«
1,152
'
[
I
1
Loans and
investments of
banks in
grcupeand
chains as a
percentage
of all commercial
banks
12.092,841 6,335,875 3,78(,262 1,97«,7«4
332
New England
Number of
banks in
groups and
chains aa a
percentage
of all commercial
banks
.3
.4
9,924
4,420
20,666
2.8
6.2
20.0
23.6
51.1
50.8
1,260
1,260
3
10
28
39,659
170,889
131,245
29,735
150,960
110,579
2
2
70
4
21
9
36
333,101
119,421
148,839
31,087
33,754
216,606
73,013
101,648
30,243
11,702
39,947
39,647
76,548
6,461
47,191
844
22,052
64
2.8
6.6
6.3
12.7
22.5
21.5
34.6
11.0
15.9
119
14
6
61
38
5
1
1
170
59
10
41
60
335,662
49,955
51,394
115,705
118,608
347,128
20,634
30,543
101,955
93,996
37,171
11,691
11,857
51,363
17,630
8,994
13,750
10,989
11 5
'?:8
'!:?
16.3
25.3
12.0
28.9
11.4
180
41
41
25
16
9
6
26 i
16
64
17
11
8
11
5
1
12
5
3
1
3
265,818
79,750
38,874
20,171
27,670
3,173
17,660
52,290
26,230
144,985
42,302
18,194
14,326
20,557
2,255
5,790
31,441
10,120
40,650
28,925
9,233
115
6
104
19
27
16
5
4
5
17
11 .
80,183
8,523
11,447
5,730
7,113
918
11,870
18,472
16,110
19.3
21.1
29.9
29.1
5.8
16.4
13.0
25.0
45.7
30.7
55.4
48.2
35.0
10.5
7.8
21.8
32,3
69.0
170
74
36
60
81
28
18
35
16.9
22.0
15.4
13.8
56.2
45.9
30.8
59.4
5
3
5
9
3
5
1
80
43
13
24
2,250,775 1,646,997
151,085
186,888
70,334
80,291
1,983,596 1,425,578
15,509
13,623 ;
2,377
1
246,407 357,371
14,037
21,716
3,231
6,726
229,089 ! 328,929
1
313
BRANCH, GROUP, AND CHAIN BANKING
NO. 81-GROUP AND CHAIN BANKING, BY STATES, DECEMBER 31,1931NUMBER AND LOANS AND INVESTMENTS, BY CLASS OF BANK
GROUP AND CHAIN BANKING COMBINED
Banks in groups and chains
Total
273
Loans and investments
(in thousands of dollars)
Number
Number of
groups and
chains
Geographic division
and State
National
State
member
Nonmember
Total
National
State
member
Nonmember
Number of
banks in
groups and
chains as a
percentage
of all commercial
banks
9,642,512 5,817,867 2,398,247 1,426,398
Loans and
investments of
banks in
groups and
chains as a
percentage
of all commercial
banks
805
98
983
9.8
24.6
New England „ _
IJtlaine
New Hampshire, ..
Vermont^,.
Massachusetts
Rhode Island
Connecticut
11
2
75
15
36
5
6
33
10
1,030,973
- 90,129
634,577
20,991
218,841
177,555
69,138
12.0
18.5
33.7
31.7
5
1
3
41
3
16
24
1
6
5
1
12
1
10
707,862
139,201
93,781
580,728
6,294
26,564
89,463
129,378
37,671
3,529
67,217
17.9
12.0
11.2
42.9
41.3
16.9
Middle Atlantic .
New York
New Jersey
Pennsylvania.. .
43
15
18
10
222
95
70
57
98
45
27
26
40
15
15
10
84
35
28
21
2,773,689
1,527,615
383,850
862,224
674,745 1,710,040
137,678 1,262,833
97,095
102,538
350,112
434,529
388,904
127,104
184,217
77,583
8.7
11.4
15.4
4.5
16.9
14.8
21.5
20.0
31
1
2
10
11
7
252
11
9
55
95
82
77
7
3
15
23
29
19
156
4
6
34
63
49
421,695
6,159
12,690
229,819
134,606
38,421
6.0
1.4
1.4
4.3
16.1
9.4
28.9
3.3
6.9
31,3
61.3
35.3
West North Central.. .
Minnesota
Iowa
Missouri
North Dakota...
South Dakota
Nebraska..
Kansas
84
30
10
6
3
2
9
24
629
256
61
27
83
S3
53
96
282
119
22
9
39
33
27
33
9
1
1
3
12.9
28.9
6.5
2.7
33.7
20.2
8.4
10.4
30.3
69.9
12.3
13.7
65.1
45.0
22.3
18.5
South Atlantic. ..
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina, . '
South Carolina^,,
Georgia
Florida
12
87
43
i
4
7
I
1
6
24
55
1
4
13
25
East South Central...
Kentucky
Tennessee _____'„
Alabama
. __
Mississippi
13
1
3
. 4
5
85
6
32
24
23
34
3
17
11
3
West South Central...
Arkansas
Louisiana
Oklahoma
Texas
36
3
4
13
16
221
9
19
94
99
101
6
9
52
34
Mountain
Montana
Idaho
Wyoming
Colorado
New Mexico
Arizona
Utah
Nevada
18
1
3
3
3
1
1
4
2
167
42
45
16
16
5
6
21
16
56
17
10
6
10
4
1
4
4
9
3
3
1
Pacific
Washington
Oregon
California
25
12
4
9
148
73
26
49
78
32
16
30
5
4
1
United States
East North Central
Ohio. ... . _
Indiana _ _ _ _ _ _
Illinois
Michigan
Wisconsin
.
1,886
6
9
4
2,138,269 1,465,173
55,147
61,306
26,440
39,130
447,116
848,251
715,909
913,720
275,862
220,561
251,401
171,316
63,205
16,880
900,477
496,198
67,359
136,144
48,317
40,202
54,867
57,390
640,988
404,528
49,520
25,695
39,769
32,290
48,817
40,369
93,696
1,087
772
89,658
1
338
136
38
]5
44
17
26
62
1,011
165,793
90,583
17,067
20,791
8,548
6,744
6,050
16,010
3
41
322,894
273,460
16,396
33,038
4.9
13.2
2
10
29
1,494
2,908
35,755
154,318
128,419
2,908
26,259
135,264
109,029
9,496
5,570
17,972
.5
.4
5.3
7.5
' 29.4
.6
1.2
31.7
57.2
71,5
1
1
50
2
15
13
20
229,107
45,672
105,679
57,429
20,327
170,506
24,524
84, 149
53,945
7,888
16,385
16,385
42,216
4,763
21,530 o'
3,484
12,439
6.2
1.2
8.0
9.4
10.1
21, ft
11.3
32.4
27.7
16.8
6
114
3
8
42
61
253,008
11,120
74,211
69,151
98,526
180,764
10,868
40,547
56,536
72,813
37,546
34,698
252
10,426
12.6J5
11,405
10.5
3.3
9.5
17.9
9.0
16 5
10.4
20.9
24.0
12.6
102
22
32
9
6
1
5
15
12
215,123
63,548
34,124
13,642
22,564
1,240
14,145
44,592
21,268
116,040
36,249
14,285
10,268
16,465
1,083
4,175
24,803
8,712
31,305
18,970
8,278
122
67,778
8,329
11,561
3,252
6,099
157
9,970
15,854
12,556
21.1
26.8
36.9
20.5
6.9
10.0
18.8
23.9
50.0
30.8
58.2
56.6
28.8
10.0
4.0
25.0
33.3
62.8
1,778,972 1,661,614
182,762
143,148
122,620
116,558
1,473,590 1,401,908
22,637
21,764
873
94,721
17,850
5,189
71,682
16.9
25.5
13.1
12.6
49 9
55.2
58.1
48.7
3
1
1
1
2
4
2
.
65
37
9
19
1,168
1,494
13,484
1,418
23,238
14,308
3,935
314
BANKING AND MONETARY STATISTICS
NO. 81-GROUP AND CHAIN BANKING, BY STATES, DECEMBER $1,1931NUMBER AND LOANS AND INVESTMENTS, BY CLASS OF BANK-Continued
GROUP BANKING
Banks in groups
Number
Geographic division
and State
Loans and investments
(in thousands of dollars)
Number
of groups
National
Total
State
member
Nonmember
Total
National
State
member
United States
97
978
469
75
434
New England „
_
Maine
New Hampshire- . - _ _
Vermont... „....»_ _ _
Massachusetts
Rhode Island _ _ „ _ _ .
Connecticut
10
2
71
15
34
5
6
31
10
1,033,744
90,129
632,117
20,991
4
1
3
37
3
16
22
1
6
5
1
10
1
10
699,633
139,201
93,781
578,268
6,294
26,564
Middle Atlantic
New York..
New Jersey
Pennsylvania ...
28
10
12
6
164
72
49
43
69
30
18
21
34
14
14
6
61
28
17
16
3,510,097
1,467,393
219,901
822,803
East North Central—.
Ohio
Indiana
.
Illinois
Michigan
Wisconsin
10
1
2
4
2
1
145
11
9
32
40
53
53
14
5
5
4
79
4
6
22
20
27
2,004,907
61,306
39,130
809,489
855,971
239,011
1,393,649
55.147
26,440
419,966
700,328
190,768
234,311
3
5
15
22
West North Central.,,
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
7
4
1
2
321
114
11
11
43
34
143
64
3
3
1
660,053
414,697
39,188
104,389
33,365
32,985
34,807
622
498,873
354,941
35.114
11,594
31,684
31,462
33,456
622
89,658
4
33
31
5
1
70
50
7
4
10
3
2
South Atlantic
_
Delaware
Maryland ... ..
..
District of Columbia
Virginia.......
__
West Virginia,.
..
North Carolina
South Carolina
Georgia..
Florida
7
55
36
2
17
383,657
1
2
4
1
6
18
30
1
4
11
20
I
1
2
6
9
East South Central...
Kentucky
Tennessee
.
Alabama
Mississippi
7
1
3
2
1
54
6
32
11
5
36
3
17
5
1
1
1
West South Central...
Arkansas
Louisiana
Oklahoma
Texas.......
7
69
34
2
11
19
39
3
10
11
4
171,786
69,138
::::::::::i::::::::::
89,463
31,902
5.1
32.3
11.4
18.5
33.4
31.7
129,378
3,529
67,217
16.2
12.0
11.2
42.4
41.3
16.9
547,888 1,694,950
90,787 1,261,799
46,950
90,826
410,151
342,325
267,359
114,807
82,125
70,327
6.4
8.6
10.8
3.4
15.3
14.2
12.3
19,1
377,947
6,159
12,690
218,651
109,084
31,363
3.5
1.4
1.4
2.5
6.8
6.1
37.1
3.3
6,9
29.8
57.5
30.6
8§,658
71,532
59,756
4,074
3,137
1,681
1,523
1,351
4.5
12.9
1.2
1.1
17.5
12.9
1.1
.1
22.3
58.5
7.2
10.5
45.0
37.4
14.2
.2
244,451
14,902
23,304
3.1
11.6
2,908
35,755
150,561
93,433
2,908
26,259
133,405
81,879
13,484
1,418
9,496
3,672
10,136
.4
5.3
5.6
16.0
1.2
31.7
55.8
52.0
37
2
15
6
4
207,495
45,672
105,679
53,220
2,924
160,745
24,524
84,149
50,259
1,813
16,385
16,385
30,365
4,763
21,530
2,961
1,111
3.9
1.2
8.0
4.3
2.2
19 «
11.3
32.4
25,7
2.4
4
41
189,927
115,558
37,340
17,029
S.3
11,1
2
6
9
26
43,850
46,661
79,416
16,077
39,773
59,708
23,238
4,535
6,888
5,606
5.5
3.6
3.5
12.3
16.2
10.2
28,170 1
18,970
8,278
23,234
5,247
10,335
1,678
9.8
19.1
30.3
2.6
15.7
54.0
50.8
3.5
2
170,872
46,559
16,880
14, 102
7
3
3
49
13
28
2
109,337
58,881
30,655
1,678
57,923
34,664
12,042
9
2
1
6
18,113
11,217
922
5,974
10.2
13.5
121
59
26
36
64
26
16
22
4
3.
1
53
30
9
14
1,748,572 1,639,928
133,109
166,880
116,558
122,620
1,459,072 1,390,261
30,536
19,663
873
88,108
14,108
5,189
68,811
13.8
20.6
13.1
9,2
49.0
50.4
58.1
48.2
1
IS
8
4
6
Pacific
Washington
Oregon
California
218,841
14
6
78
30
37
2
3
8,715,779 5,390,133 3,355,093 1,070,554
22
2
Mountain
Montana
Idaho
Wyoming
Colorado
New Mexico
Arizona
Utah
t
Nonmember
Loans and
Number of
investbanks
ments of
in groups banks in
as a
groups
percentage
asa
of all com- percentage
mercial of; a 11 combanks
mercial
banks
BRANCH, GROUP, AND CHAIN BANKING
315
NO. 81-GROUP AND CHAIN BANKING, BY STATES, DECEMBER 31,1931NUMBER AND LOANS AND INVESTMENTS, BY CLASS OF BANK-Continued
CHAIN BANKING
Banks in chains
Loans and investments
(in thousands of dollars)
Number
Geographic division
and State
Number
of chains
National
Total
State
member
Nonmember
Total
National
State
member
Nonmember
43,154
Loans and
Number of investbanks
ments of
in chains •banks in
as a
chains
as a
percentage
of all com- percentage
mercial * of all combanks
mercial
banks
90S
336
549
926,733
527,735
355,844
4.7
2.4
1
4
2
2
8,229
2,460
5,769
,6
.3
1
4
2
2
8,229
2,460
5,769
1.7
.5
Middle Atlantic
New York ..
New Jersey
Pennsylvania
15
5
6
4
58
23
21
14
29
15
9
5
6
1
1
4
23
7
11
5
363,592
60,222
163,949
39,421
126,857
46,891
55,588
24,378
15,090
1,034
6,269
7,787
121,645
12,297
102.092
7,256
2.3
2.8
4.6
1.1
1.6
.6
9.2
.9
Eaat North Central,—
Ohio
Indiana
Illinois
Michigan
Wisconsin »
21
107
25
5
77
133,362
72,524
17,090
43,748
2.6
1.8
6
9
6
23
55
29
10
8
7
1
4
12
43
22
38,762
57,749
36,851
27,150
15,581
29,793
444
16,646
11,168
25,522
7,058
1.8
9.3
3.3
1.4
3.9
4.7
West North Central...
Minnesota ..
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
77
26
9
4
3
2
9
24
408
142
. 50
16
40
19
46
95
140
55
18
5
6
2
22
32
6
1
1
240,424
81,501
28,171
31,755
14,952
7,217
20,060
56,768
142,115
49,587
14,406
14,101
8,085
828
15,361
39,747
4,038
1,087
772
I
262
86
31
11
34
14
24
62
1,011
94,271
30,827
12,993
17,654
6,867
5,221
4,699
16,010
8.4
16.0
5.3
1.6
16.3
7.2
7.3
10.3
8.1
11.5
5.2
3.2
20.2
8.2
8.2
18.3
South Atlantic
Delaware ..
Maryland
District of Columbia
Virginia.
West Virginia
North Carolina
South Carolina
Georgia
Florida.. .
5
32
7
1
24
40,237
29,009
1,494
9,734
1.8
1.6
.5
.6
United States .
176
New England
Maine .,
New Hampshire _Vermont
MftSS9-C h U RPt fa}
33
Rhode Island
Connecticut
3
1
1
1,494
1*168
1,494
2
3
6
25
2
5
4
20
3,757
34,986
1,859
27,150
1,898
7,836
1.9
13.4
1.4
19.5
East South Central...
Kentucky .
Tennessee
Alabama ..
Mississippi..
6
31
8
23
21,612
9,761
11,851
2.2
2.0
2
4,
13
18
6
2
7
16
4,209
17,403
3,686
6,075
523
11,328
5.1
7.9
2.0
14.4
West South Central...
Arkansas
Louisiana
Oklahoma _ '
Texas
29
3
2
12
12
152
9
8
75
60
77
6
6
42
23
73
3
2
33
35
83,081
11,120
30,361
22,490
19,110
65,206
10,868
24,470
16,763
13,105
17,669
252
5,891
5,727
5,799
7.2
3.3
4.0
14.3
5.4
5.4
10.4
8.5
7.8
2.4
Mountain
Montana
Idaho
Wyoming
Colorado
New Mexico
Arizona.
Utah .
Nevada
15
1
3
3
1
1
3
2
89
12
8
14
16
5
6
12
16
34
3
4
6
10
4
1
2
4
53
9
4
7
6
1
5
9
12
105,796
4,667
3,469
11,964
22,564
1,240
14,145
26,479
21,268
58,117
1,585
2,243
10,268
16,465
1,083
4,175
13,586
8,712
44,544
3,082
1,226
1,574
6,099
157
9,970
9,880
12,556
11.2
7.6
6.6
17.9
6.9
10.0
18.8
13.6
50.0
15.2
4.3
5.7
25.3
10.0
4.0
25.0
19.8
62.8
7
4
27
14
14
6
13
7
30,400
15,882
21,686
10,039
6,613
3,742
3.1
4.9
.9
4.8
3
13
8
5
14,518
11,647
2,871
3.3
,5
Pacific
Washington
Oregon
- .
2
2
2
1
1
1
1
206
206
3,135
122
3,013
2,101
2,101
316
BANKING AND MONETARY STATISTICS
NO. 82-GROUP AND CHAIN BANKING, BY STATES, DECEMBER 31, W§NUMBER AND DEPOSITS, BY CLASS OF BANK
GROUP AND CHAIN BANKING COMBINED
Banks in groups and chains
Geographic division
and State
NumNumber
ber
of
groups
Nonmember
and
Na- State
chains Total tional memIn- Noninber
sured sured
Number Deposits
of banks of banks
Number of branches of group and
in
in
chain banks
Deposits (in thousands of dollars)
groups groups
and
and
chains chains
Outsid e head-off ice city
Nonmember , aa a per- as a perIn
centage centage Total headIn
In
In
Total
National State
of all
of all
office headcon- nonconmember
In- Nonin- commer- commercity
office
tiguous tiguoui
sured sured cial banks cial banks
c aunty counties countiea
137
851
418
72
319
New England
Maine........
New Hampshire..
6
1
1
35
3
4
18
9
6
1
Massachusetts ....
Rhode Island
Connecticut.. . . .
..
3
1
25
3
13
1
8
1
4
1
996,915
129,264
Middle Atlantic ....
New York........
15
6
2
7
91
42
7
42
44
14
2
28
26
13
5
8
18
15
3 1,773,054
561,716
47,232
3 1,163,106
East North Central.
Ohio...
Indiana,,.... ._«,„„„
Illinois
«,„«,.
Michigan.. ......
Wisconsin.. ._».._.
10
1
67
17
38
13
5
3
23
1
1
1
5
3
3
21
26
2
6
17
2 i
1
-3
8
West North Central.
Minnesota
Iowa....
Missouri
North Dakota.-...
South Dakota... ..
Nebraska--... Kansas
53
20
7
8
2
2
5
9
366
167
31
29
48
21
29
41
160
78
11
5
20
10
19
17
United States
Pennsylvania. _ ...
South Atlantic
13 82
Delaware-., .....__
2
Maryland.... ......
Diet, of Columbia
Virginia. .„
„. . .
West Virginia.
9
North Carolina
.....
South Carolina,,...,
3 25
Georgia.,,
8 45
Florida.—
....
4
13
2
3
4
1
1
2
3
158
77
15
18
26
10
4
8
38
14.1 944
289
76
in
466
6.2
4.3
6.3
33.5
4.9
11.1
84
3
58
20
2
3
3
11 ".5
39 '.9
67 i
14
54
4
13
5
2
3
765,912 884,336 84,373 37,433
61,485 426,342 73,889
18,049
29,183
686,378 428,811 10,484 37,433
4.2
5.7
1.9
3.9
7.3
3.3
2.6
22.9
100
80
7
13
76
63
3
10
18
11
4
3
6
6
582,455
119,071
483,431
111,832
13,750 76,571 8,703
5,962 1,277
2.2
2.5
5.4
4.8
68
13
54
11
10
2
2
t
2,925
127,247
333,212
2,686
48,194
320,719
239
7,788 71,265
3,790 8,703
.4
4.6
4.5
.1
7.8
34.9
38
17
5
5
3
2
2
35 1,329,231 1,008,594 207,289 99,968 13,380
714,282 648,780
10
2,966 54,750 7,786
2
86,772
70,396
2,799 12,094 1,483
2
253,530
46,989 191,914 14,477
150
2
34,452
44,146
9,192
502
42,057
39,149
335 2,573
5
95,066
704 1,864
92,148
350
14
93,378
76,680
8,571 5,018 3,109
10.8
24.6
4.8
4.6
28.7
12.7
6.9
6.1
31.9
74.7
12.9
15.7
57.6
42.3
28.4
22.7
39
6
9
6
14
8
11
1
7
11
5.2
12.5
2 1,146,332
2
10,093
10,060
1
42
1
5.9
42 8,056,390 6,081,631 1,445,815 459,842 69,102
1
2
1
930,279
10,060
5,126
11,872
6
r
14
36,093 63,460
409
4,746
212,054
56,291
147,491
8,272
198,626
45,594
145,902
7 130
1 215,618
2
13
63
West South Central
18
42
Arkansas.... ....
...... ... ... ......
.......
Louisiana
""40^288
"37" "29"
Oklahoma.
175,330
Texas......
.„
7
26
13
197,277
East South Central
Kentucky
Tennessee..
Alabama
Mississippi
7
1
2
4
Mountain,,..,.
Montana.........
Idaho
Wyoming
Colorado..
New Mexico
Arizona. ...... _.
Utah——
Nevada. _. _ _ . .
10
Pacific
Washington.......
Oregon
California _
10
4
1
1
2
5
1
6
33
6
14
13
19
3
11
5
3
66
25
7
3
10
1
2
11
7
34
14
3
2
6
1
1
4
3
11
4
1
48
19
5
24
25
8
2
15
1
20
11
3
8
1
21
7
3
1
3
4
1
1
3
3
1
22
11
3
8
7,681
3,053
376,754
134,660
229,761
1
121,085
7,587
476,307
""26; 686
180,961
254,792
10
25
195,226 11,501 9,326
767 9,326
::::::
------
411,414
86,380
41,753
12,521
113,487
120
21,277
98,546
37,330
158^915
278,813
52,558
9,099
10,725
87,104|
120
16,819
67,936
34,452
3
2
....'.
5.0
1,589
1 142
— ....
1
2
2.9
1.5
4.7
2,731
3 1
2O
12.7
35.9
61.9
13.2
11.6
25.5
22 !
8
14 ;
21
8
13
2
7,419 10,662
260
3.9
8i 736 """260
89,585 43,016
28,940 4,882
28,331 4,323
1,796
7,419
j
::::::
4,458
12,579 18,031 ...
. 771 2,107
t, 910, 925 1,841,945
1,420 67,560 *
46,368
40,201
6,167
115,716 113,753
1,963 -..-,..
1,748,841 1,687,991 ""I'm 59,430
1
4.0
.7
20,686
35,071 11,230
25,031
7,419
12
1.1
1,022
10,697
10,697
4
20
9
13.5
22.5
13.7
5.2
6.9
2.4
16.7
18.6
63.6
19.9
13.6
6.8
10.5
K
2
7
1
1
7.6
— ---- — --;
_— "j
10,9
~~|
39
40.9
3
57.6
40.8
18
17.9
32.9
.2
23.3
3
60.2
8
1
91.0
10
37.2
9.2
36.3
40.5
580
68 i
10 J ......
41
529
61 !
_„„.....
3
15
18
7
11
2
3
4
4
3
10
1
1
8
79
7
4
68
423
2
29
392
1
BRANCH, GROUP, AND CHAIN BANKING
317
NO, 82-GROUP AND CHAIN BANKING, BY STATES, DECEMBER 31,1939NUMBER AND DEPOSITS, BY CLASS OF BANK-Continued
GROUP BANKING
Deposits
of
Number of branches of
banks
group banks
in
Deposits (in thousands of dollars)
groups groups
as a
asa
Outside head-office city
perperNonmember
In
centage centage Total headlo
In
In
of all
of all
Total
National State
office headcon- nonconmember
In- Nonin- commer- commercity
office tiguous tiguous
sured sured cial banks cial banks
county counties counties
Banks in groups
Number
of
groups
Geographic division
and State
Number
Na- State
Total tional member
Nonmember
In- Noninsured sured
Number
of banks
14 7,173,385 5,495,012 1,348,577 266,978 62,818
3.0
12.6
869
253
47
105
464
191,591 10,236 9,326
767 9,326
5.5
4.3
6.3
33.3
4.9
11.1
82
3
57
19
2
3
1
3
10.6
11,5
48.3
39.9
65
14
53
4
12
5
2
3
734,173 847,917 81,023 37,433
47,795 419,106 70,539
3.2
3,8
7.0
3.1
91
78
73
63
12
9
6
6
United States
41
437
248
44
121
New England
5
1
1
31
3
4
16
8
5
1
2 1,138,840
2
10,093
10,060
927,687
2
1
21
3
11
1
7
1
3
1
989,423
129,264
912,501
5,126
9
2
70
28
35
7
18
10
14
11
3 1,700,546
537,440
7
42
28
8
. 3
3 .1,163,106
3
3
1
1
New Hampshire..
Vermont
Massachusetts
Rhode Island
Connecticut
Middle Atlantic
New York
Pennsylvania
4
1
10,060
686,378 428,811 10,484 37,433
3.9
22.9
13
10
3
440,114
119,071
424,172
111,832
1,277 8,703
1,277
1.1
2.5
4.1
4.8
30
13
25
11
4
2
1
1
5,891
315,152
5,891
306,449
8,703
.2
2.6
.4
33.0
3
14
14
2
1
991,618
601,774
58,168
203,193
35,362
39,566
53,555
757,883 191,434 34,945 7,356
568,267
2,966 23,687 6,854
56,398
1,770
10,407 188,468 4,318
31,644
3,216
502
38,545
1,021
52,622
933
44
13.2
.8
.9
18.0
6.7
1.7
23.8
62,9
8.6
12.6
46.2
39.8
•16.0
26
6
6
6
420,714
338,983
3.2
11.0
2
1
33
17
28
13
1
15
1
14
149
90
5
6
30
11
7
86
48
4
1
18
9
6
4
2
50
30
2
18
4
Illinois
TvHchicEin
2
1
1
6,137
20,686
176,206
217,685
131,796
202,441
Weat North Central
Minnesota
6
4
Missouri
North Dakota
South Dakota
Nebraska
2
6
South Atlantic
6,416
3,053
1
1
East North CentralOhio
70,506
121,085
2
51
34
1
3
10
2
1
8
6
2
5,962
5,962
36,093 45,638
7
11
2
20
2
7
11
12
3
9
2
7
Diat. of Columbia
^Vest Virginia
4,746
2
4
1
18
27
9
19
1
1
8
8
East South Central.
Kentucky
Tennessee
3
1
2
20
6
14
14
3
11
3
3
3
3
203,782
56,291
147,491
191,496
45,594
145,902
West South Central
%
7
3
1
3
152,008
138,236
2
7
3
1
3
152,008
138,236
36
23
1
1
19
13
5
3
1
12
7
152,698
49,435
1
240,100
80,266
28,331
1,796
2
6
3
1
3
2
1
1
2
1
21,277
75,331
33,099
16,819
54,420
32,024
31
13
5
13
17
6
2
9
Georgia
Florida
Texas
Mountain
Iv^ontana
Idaho
^VVoming
Arizona
Utah
Nevada
Pacific
Oregon
_
3
2
6
3
3
14
7
3
4
1,885,663 1,829,684
43,521
38,567
115,716 113,753
1,726,426 1,677,364
1,022
369
20,686
35,071 9,339
15,244 -----10,697 1,589
10,697
1.589 ...._.
7,287
6,485
7,287
2.2
2.1
.7
6.3
15.8
12.7
35.0
52.9
3
9
1
2
1.8
1.5
4.7
12.7
11.6
25.5
22
8
14
21
8
13
1
.4
5.4
3
2
6,485
.8
9.4
57,596 29,806
25,949 4,882
28,331
1,796
74
20.7
2.0
1.7
23 3
53.5
27.7
2.6
33
4,458
17,595
1,075
16.7
10.2
27.3
23.3
46.1
80.7
3
8
9
55,979
4,954
1,963
49,062
7.0
9.3
6.8
5.7
36.7
8.6
36.3
40.0
1
3,316
11
3
13
1
^
10
1
1
1
1
1
3
4
4
3
573 _ _ _ 65_
__
10
41
522
58
7
1
1
5
78
7
4
67
423
2
29
392
318
BANKING AND MONETARY STATISTICS
NO. 82-GROUP AND CHAIN BANKING, BY STATES, DECEMBER 31, IMSNUMBER AND DEPOSITS, BY CLASS OF BANK-Contmued
CHAIN BANKING
Banks in chains
in
Number
Number
Geographic division
and State
Nonmember
chains
Na- State
Total tiona member
Deposits
Number
of
Nu mrier of b ranches of
of banks \ banks
ehuin b xnks
=
Deposits (in thousands of dollars)
in
"•
chains
chains
as a
|
as a
j Outsit e head -of iee city
perNonmember
perIn
centage centage Total j head- !
In
In
1
In
Total
National
State
of all
s of all
office headnoncont conmember
In- Nonin- commer- commercity
office . tiguous tiguous
sured sured cial banks cial banks
county counties counties
l
In- Noninsured sured
424
170
883,005
586,619
New England _„_,. Maine....— ...,—
New Hampshire. .
Vermont.-.-.Massachusetts
Rhode Island . . _ _ .
1
4
2
1
1
7,492
2,592
3,635
1,265
1
4
2
1
1
7,492
2,592
3,635
1,265
Middle Atlantic,,....
New York...
New Jersey. ._ ...
Pennsylvania. — ..
6
4
2
21
14
7
9
7
2
8
3
5
4
4
KuHt North Central.
Ohio. -..-.-._
Indiana
Illinois.,- — — —
Michigan
__..
Wisconsin...-'---.-
s
34
10
2
1
5
2
3
20
11
2
5
3
2
47
16
7
6
2
2
5
9
217
77
26
23
18
10
22
41
74
30
7
4
2
1
13
17
7
32
8
1
2
1
1
5
1
4
7
18
4
United States
,_
96
28
198
28
97,238 192,864 6,284
2.9
1.6
75
.7
.2
2
2.0
A
2
10
1.9
1.9
.3
.1
2.6
2
7
36
\
——
29
1 !
B
1
,
1
1
West South Central
Arkansas.
Louisiana -Oklahoma
Texas.,... ........
R£ountain
„
Montana,— _
Idaho
Wy omi ng
Colorado.,.
New Mexico
Arizona. .„_„_.,
Utah.
„
Nevada
____.
Pacific..:....—
WashingtonOregon ~ . . _ _ _ _ . .
California.
,
142,341
59,259
7,788 75,294 — —
1.1
1.3
38
.
1
13
8
2,925
121,356
18,060
2,686
42,303
14,270
239
7,788 71,265
3,790
.4
4.4
1.9
.1
7.5
1.0
35
3
29
337, €13
112,508
28,604
50,337
8,784
2,491
41,511
93*378
250,711
80,513
13,998
36,582
2,808
604
39,526
76,680
15,855 65,023 i €,024
31,063
932
2,799 10,324 1,483
3,446 10,159
150
5,976
335 1,552
704
931
350
8,571 5,018 3,109
6.4
11.3
4.0
3.6
10.8
6.1
5,2
6.1
8.1
11.8
4.3
3.1
11.5
2.5
12.4
22.7
24
55,593
37,771
17,822
2.0
1.5
1
7,996
7,587
409
1.1
1 i
5
5,735
5,735
2. 8
1.9
1
6
6
12
4,755
37,107
2,864
27,320
2.5
10.5
.9
9.0
13
5
8
8,272
7,130
1,142
1.1
5
13
S ——
8
8,272
7.13C
1,142
6.0
2.5
56
39
1
15
1
€3,610
59,041
132
4,177
260
3.5
2.3
6
5
Eaet South Central.
Kentucky........
Tennessee...., .
Alabama. . . . .
Mississippi.
22
11
Kansas,,.,,,--. „ „ ._
South Atlantic
_,
Delaware ___.— Maryland.,.. _,,_.- .
Disfc. of Columbia
Virginia... = _ „ _
West Virginia,—
North Carolina
South Carolina- ..
Georgia.. -_.._
Florida.-.—.
31,739
13,690
18,049
4
West North Central
Minnesota.. ——..
Iowa.,, ..„....»__-„
Missouri — . — ....North Dakota
.
South Dakota
.
71,508
24,276
47,232
37
19
29
10
1
1
40,288
23,322
38,362
20,679
132
1.926
2.251 ""260
9.4
2.3
8.7
1.4
8
31
2
6
2
10
1
15
1
3
2
6
1
6
1
1
3
171,314
6,114
13,422
10,725
113,487
120
12C,115
3,123
9,099
10,725
87,104
120
€.1
1.8
11.8
3.4
6.9
2.4
1€.7
4.1
13.1 i
15.3
32.9
.2
3
5
4
1
1
3
1
1
2
23,215
4,231
8.5
36.4
14.2
10.3
1
4
1
17
6
8
2
1
8
4
3
11
6
1
4
1
2
9
3
2
1
2
107
43
14
15'
16
8
27
4
2
2
8
14
8
9
3
:::
3€,419
7,236
29,183
.....
....
3,350
3,350
1,891
9,787 .. ....
31,989 13,219
2,991
4,323
3
6
2
4
3
6
2
1
3
3
2
1
13
12
1
9
9
4
3
1
I
€
1
4
1
4
5
1
18,964
7,419 . . .
...
13,516
2,428
9,263
771
436 _ „ _ - , . _
1,032
25,2*2
2,847
12,2C1
1,634
1,42* 11,581
1,213
3.8
4.3
.5
.6
7
1
»
1
22,415
10,627
1,420
4.8
.5
7
3
3
1
10,368
1
BRANCH, GROUP, AND CHAIN BANKING
319
NO. 83-GROUP AND CHAIN BANKING, DECEMBER 31,1939SELECTED CLASSIFICATIONS OF NUMBER AND DEPOSITS
Group banking
Group and chain banking
Classification
Totals
Number
Number Number
of
groups
of
of
and
banks branches
chains *
41
63
24
13
13
7
3
2
2
1
1
1
2
1
1
1
1
1
851
944
8,056,390
742
122
77
3
6,081,631
1,445,815
459,842
69,102
248
44
121
14
3
100
143
171
159
126
58
66
25
By amount of deposits of
bank:
No deposits
$250 000 and under
250 000—500,000
500,000=-! ,000,000
1 000 000—2,000,000
2 000 000—5 000 000
5 000 000—10,000,000
10 000 000—50 000 000
Over 50,000,000
By population of place in
which located:2
Under 500
500—1,000
1 000—2 500
2 500 — 10 000
10 000—50,000
50000—100 000
100 000 500 000
500,000 and over
Number Number Number
of
of
of
groups l banks branches
418
72
319
42
137
By class of bank :
National
State member
Insured nonmember
By n u m b e r of b a n k s in
group or chain :
3
4
__________
5
6
7
8
g
11
12
13
15
17
18
21
37
75
85
Total
deposits
(in thousands of
dollars)
8
8
9
19
23
151
726
15,552
52,071
121,642
221,142
379,531
407,884
1,465,473
5,393,095
3
10
46
78
86
90
41
50
23
14
3
3
5
3
3
189
96
65
78
49
24
18
22
12
13
15
34
18
21
37
75
85
47
563
17
4
67
4
8
21
1,042,774
328,792
923,714
438,768
380,568
227,006
102,865
381,539
3,829
775,973
1,719,891
209,997
100,389
485,143
63,754
429,358
442,030
73
99
155
220
151
33
97
23
51
65
124
174
95
47
125
263
17,986
36,444
95,892
307,251
767,161
392,356
2,248,644
4,190,656
60
35
27
36
23
18
14
427
869
Chain banking
Total
deposits
(in thousands of
dollars)
7,173,385
Total
Number Number Number deposits
of
of
of l
(in thouchains
banks branches sands of
dollars)
96
424
75
883,005
, 726 5,495,012
113 1,348,577
27
266,978
3
62,818
170
28
198
28
16
9
50
586,619
97,238
192,864
6,284
1
1
1
6
17
138
705
1,832
17,329
56,398
119,779
273,449
289,950
1,149,426
5,265,222
90
97
93
73
36
17
16
2
7
7
8
13
6
13
21
42
12
15
30
21
24
37
1
22
27
23
18
801,070
136,649
855,424
353,323
255,593
227,006
49
21
10
8
4
147
84
50
48
28
23
34
5
9
2
18
2
22
14
381,539
102,865
1
12
1
1
2
1
1
13
15
34
18
21
47
563
17
4
67
775,973
1,719,891
209,997
100,389
485.143
3,829
1
1
37
4
8
21
429,358
442,030
1
75
85
63,754
9
29
63
111
107
18
70
20
33
56
121
165
88
44
120
242
3,377
12,691
41,933
176,222
603,518
317,477
1,895,640
4,122,527
64
70
92
109
44
15
27
3
18
9
3
9
7
3
5
21
14,609
23,753
53,959
131,029
163,643
74,879
353,004
68,129
13,720
34,742
65,244
101,363
106,082
117,934
316,047
127,873
241,704
192,143
68,290
85,445
124,975
1
The number of groups and chains is shown under one classification only—"by number of banks in group or chain"; other classifications are
inapplicable.
2
The number of banks and branches is distributed according to the population of the places in which the respective banks and branches
are located. A segregation of deposits of banks and branches, however, is not available; consequently, the deposit figures of banks (including
branches) are distributed according to the population of the places in which the banks are located.
BANKING AND MONETARY STATISTICS
320
NO. 84-GROUP AND CHAIN BANKING, BY STATES, DECEMBER 31,1141NUMBER AND DEPOSITS, BY CLASS OF BANK
GROUP AND CHAIN BANKING COMBINED
Banks in groups and chains
Number
Geographic division
and State
United States
NumNonber of
member
group
and
chains Total Na- State
tional mem- In- Nonber sured insured
44 9,675,971 7,351,392 1,811,329 438,815 74,435
6.9
13.6
996
259
81
110
456
12,786 10,975
1,017 10,975
6.3
4.5
6.3
32.1
5.1
10.7
85
4
58
21
3
3
1
3
12.8
11.5
47.7
37.0
67
14
54
4
13
5
2
3
3.9
4.5
2.0
4.2
7.9
3.0
2.6
23.5
192
81
7
14
72
59
3
10
23
15
4
4
6
6
1
1
138
Middle Atlantic
New York
New Jersey
Pennsylvania
East North Central. .
Ohio
Illinois
Michigan
Wisconsin
860
423
84
399
C
1
1
35
3
4
18
9
6
1
2 1,320,794 1,076,391
11,992
2
11,530
11,530
229,642
3
1
25
3
13
1
8
1
4
1
1,154,867 1,059,036
5,825
142,405
87,245
133,397
14
4
2
8
83
32
7
44
42
8
2
32
27
15
5
7
12
9
8
1
57
18
28
13
6
4
22
1
4
3
New Kngland
Maine
New Hampshire. ...
Vermont„ ..
Massachusetts
Rhode Inland
14
25 "IB"
2
12 .....
9
4
3
56 372
21 169
32
7
32
9
1 43
20
2
31
6
45
10
South Atlantic
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia,, „..
Florida
11
77
1
2
1 .....
1
9
2
3
6
1
26
39
1
10
23
6
1
1
4
30
6
11
13
18
3
10
5
3
3
21
93
59
6
26
11
10
53
40
38
21
_____
15
11
9
69
25
8
3
11
1
2
11
8
11
36
14
4
4 _____
2
7
1 _____
1
4
2
3
21
7
4
1
3
44
19
7
18
2
23
8
4
10 "~2~
20
11
3
6
East South Central
Kentucky
Tennessee.Alabama
MississippiWest South Central. .
Arkansas
Louisiana
Oklahoma
Texas
_„ ..
Montana
Idaho
Wyoming
Colorado
New Mexico
Arizona
Utah
Nevada.-... ......
Pacific
Vi^ashington
Qrofton
California
1
1
2
4
1
7
4
8
2 2,979,619
649,655
56,447
2 1,373,517
1
€32,837
152,296
890,710 1,059,477
518,628
51,139
35,700
20,747
505, 149
818,824
516,225
142,543
100,428
380,113 "373^682"
36 1,614,596 1,207,602
18 155
163
10
2
77
749,307
824,601
80
2
3
16
93,891
113,064
11
2
66,580
6
18
330,047
6
43,834
21 _ _ _ 2_
20 .....
59,765
_
7
46,890
10
51,890
1
6
94,190
100,081
17
13
10
112,910
3
19
135,148
West North Central..
Minnesota ...„..._..
Iowa .
Missouri
North Dakota
South Dakota
Nebraska. _ . , . „
Kansas
Mountain , . _ _ .
Num- DeposNumber <ef branches of group
ber of its of
and chain banks
banks banks
in
Deposits (in thousands of dollars)
in
groups groups
Outside head-office
and and
city
chains chains
Nonmember
asa asa
In
percen- percen- Total headIn
In
tage tage
In
State
National
Total
con- nonoffice
member Insured Nonin- of all of all
city head- tiguous consured com- comoffice coun- tiguous
mercial mercial
county ties counbanks banks
ties
37
2
1
1
8,586
3.183
91,865 37,567
79,888
11,977 37,567
101,264
8,283
14,329
1,470
1,019
1.9
2.7
4.7
4.8
57
13
46
11
9
2
1
1
92,981
7,447
5,412
1,019
3.2
4.4
4.7
33.0
26
18 |
21
14
3
4
1
1
264,321 127,059 15,614
3,609 63,475 8,210
2,997 14,553 1,623
174
244,329 18,964
861
15,070
2,245
2,755
971
818
4,102
10,170 8,140 3,928
11.2
25.0
4.9
5.2
26.9
12.3
7.4
6.9
31.6
73.5
13.2
16.8
51.8
40.8
25.1
25.3
43
6
12
6
6
17
9
11
1
8
11
56,156
4.9
13.1
13
3
19
458
1.1
10
7,776
5.0
4.3
53,289
15,435
32,487
.7
9.0
22.5
14.3
37.6
61.0
4
9
1
2
3
7
2,589
2.7
1.5
3.7
6.0
9.6
12.1
14.8
2.7
12 s
4 ;
12
8
4
5.9
11.8
38 I
3
54,872
38
658,423
547,395
1
8,781
8,323
6 .....
15,742
6,383
15
16 .....
32,025
258,162
343,713
32,025
189,438
311,226
1 _____
8
212,500
77,925
121,524
13,051
198,672
66,686
120,781
11,205
11,239
11,239
2
422,862
380,466
15,015
18,241
9,140
148,700
274,162
143,638
236,828
15,015
5,062
13,179
9,140
495,978
104,131
47,250
15,066
141,125
172
25,606
115,169
47,459
65,872 43,547
386,439
129 14.1
34,221
62,744
7,166
22.3
45,313
1,937
16.0
1,928 ....... 5.2
13,138
111,398 "~~22°lir 7,616
7.6
172
2.4
21,003
4,603 _ _ _ _ _ _ _ 16.7
88,887
18.3
7,569 18,713
1,584
1,971
43,784
66.7
9
_____
1
1
3 ____.
2
2,238,362 2,147,492
65,618
57,489
167,524
170,257
2,002,487 1,922,479
1,583
18,627
18,627
743
1,846
72,243
8,129
2,733
61,381
3
2
4
21
8
12
13.6 ! 27 2
4.8 13.2
10.3
14.1
9.7
8.2
'
39.2
56.5
37.6
17.5 i
33.9
22.8
55.7
90.7
34.8
9.2
38.8
37.9
;
4
14
17
1
17
0
10
——j
3
8
10
1
1
1 _„___„
1
59
556
10 . „ . _ _ _
40
52
506
7
1 '
1
5
1
1 t _.._„
3
4
3
413
77
2
7
4 | 2S
383
66
BRANCH, GROUP, AND CHAIN BANKING
321
NO. 84-GROUP AND CHAIN BANKING, BY STATES, DECEMBER 31,1941NUMBER AND DEPOSITS, BY CLASS OF BANK-Continued
GROUP BANKING
Number of branches of
Num- Deposber of its of
group banks
banks banks
in
in
Deposits (in thousands of dollars)
groups groups
Outside head-office
as a, as a
city
perIn
perheadcent- centNonmember
In
age
age Total office
In
State
National
In
member
city head- con- nonof all of all
Total
com- comoffice tig- contigInsured Noninsured mercial mercial
county uous uous
banks banks
coun- counties
ties
Banks in groups
Number
Geographic division
and State
Number of
groups
Nonmember
Na- State
Total tional member In- Nonsured insured
2.8
11 5
841
232
50
104
455
5.6
4.5
6.3
31.8
5.1
10.7
83
4
57
20
3
3
1
3
10.7
11.5
47.3
37.0
65
14
53
4
12
5
2
3
90,465 37,567
78,488
3.1
3.6
6.7
2.9
93
79
69
59
17
13
6
6
1
1
11,977 37,567
3.9
23.3
14
10
4
1,470
1,470
1,019
1.1
2.7
3.8
4.8
27
13
25
11
2
2
1,019
2.5
31.0
14
14
19,687
3,609
36,730
26,515
7,950
7,089
6
6
3
7
11
3,130
4,884
1,331
870
861
18.7
62.3
8.8
1.9
39.4
37.3
12.5
26
6
16,078
4.3
13.3
.6
1.1
16.9
6.8
12
2
7
11
19,938
2.5
9.7
13
3
10
539
2.2
2.3
53,289
12,509
6,890
.7
6.6
9.2
14.3
36.6
35.1
4
9
1
2
3
7
187,467
66,686
120,781
11,239
743
1.5
i.5
3.7.
9.0
12.1
14.8
12
8
4
12
743
180,655
10,859
9,703
.4
5.6
33
3
14 8,175,281 6,452,197 1,394,739 270,714 57,631
37
405
237
48
106
New England.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
5
1
1
31
3
4
16
8
5
1
2 1,311,761 1,072,771
2
11,992
11,530
11,530
216,720
2
1
21
3
11
1
7
1
3
1
1,145,834 1,055,416
5,825
142,405
83,323
133,397
Middle Atlantic
New York „
New Jersey...
Pennsylvania
9
2
67
26
34
5
31
14
10
7
2 1,998,387
635,300
850,091 1,020,264
515,115
41,697
7
41
29
7
3
2 1,363,087
808,394
505,149
East North Central. . _
Ohio _ _ _ _ _
Indiana
Illinois
Michigan
Wisconsin
2
I
32
18
26
13
4
4
1
1
1
509,182
152,296
498,410
142,543
8,283
8,283
1
14
13
1
356,886
355,867
West North Central. _
Minnesota
Iowa. .„_„..__
Missouri
North Dakota
South Dakota
Nebraska
Kansas
6
144
90
4
7
27
11
5
85
49
4
2
17
9
4
4
2
47
33
2
3
8
2
1
8
6
_____
954,541
698,938
75,561
37,151
45,465
47,427
49,999
890,174
661,725
75,561
17,943
39,720
46,096
49,129
South Atlantic
Delaware
Mary land. __
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia _
Florida.... __
5
40
25
2
13
489,597
414,787
54,872
4
2
1
1
8,505
6,383
1,583
1
19
16
1
9
13
1
9
3
32,025
250,952
198,115
32,025
185,154
191,225
East South Central...
Kentucky..
Tennessee _
Alabama
Mississippi, . .
2
1
1
17
6
11
13
3
10
3
3
1
1
199,449
77,925
121,524
West South Central..
Arkansas
Louisiana
Oklahoma,.
Texas
2
7
3
1
3
201,217
2
7
3
1
3
Mountain.
Montana
Idaho
Wyoming. _
Colorado New Mexico
Ariaona
Utah
Nevada
2
37
23
1
1
20
13
1
4
3
12
7
2
6
4
1
3
2
Pacific
_
Washington
Oregon
California
4
3
United States.
4
2
2
3
2
1
30
13
7
10
4
;::
1
15
6
4 .....
5
1
2
1
14
7
3
4
7,095
3,183
201,217
i
1
_____
11,239
11,295 10,975
1,017 10,975
i
180,655
10,859
226,566
58,839
34,669
36,016
30,978
33,346
7,166
25,606
94,654
42,208
21,003
71,176
40,879
5,038
.8
9,703
296,048
96,983
34,669
1,928
2,215,099 2,131,276
61,258
54, 759
170,257
167,524
1,983,584 1,908,993
120
1 ,-928
16,799
16,799
4,603
18,440
1,209
67,024
6,499
2,733
57,792
120
23.4
52.6
27.6
2.2
16.7
10.0
33.3
22.8
45.8
80.7
7.0
9.6
9.7
4.5
34 4
8.6
38.8
37.5
8
4
9.7
7.6
20.5
2.0
1.7
20
2 _ _ _ 1_ _
_1
3
8
9
17
""16"
""Is"
1
1
1 .___..
1
1
3
4
3
7
1
1
5
77
7
4
66
413
2
28
383
554 _ _ _ 57_
__
10
40
504
50
BANKING AND MONETARY STATISTICS
322
NO. 84-GROUP AND CHAIN BANKING, BY STATES, DECEMBER 31,1941NUMBER AND DEPOSITS, BY CLASS OF BANK-Continued
CHAIN BANKING
jdumber of branches of
Xum- ! Depos-'i
lerof ; its of I
eh un banks
sanks banks
"H
in
Deposits (in thousands of dollars)
in .
chains chains
Outsit e head-office
as u
asa
city
per- i perIn
cent- centNonmember
head- '
age Totul office | In
age
In
In
of all of all ;
State
National
city hcad- con- nonTotal
com- commember
offiee tig- contigInsured Non- mercial mercial
county uous uous
insured banks banks
coun- counties
ties
Banks in chains
Number
Geographic division
and State
Number of
chains
Nonmember
Total Na- State
tional member In- Nonsured insured
416,590 168,101 16,804
101
455
186
36
303
30 1,500,690
899,195
3.2
3.1
65
37
31
New Kn gland
1
Maine
New Hampshire.... „„...,_
Vermont
, ......
1
Massachusetts
Rhode Island
Connecticut... ......
4
2
1
1
9,033
3,620
3,933
1,491
.7
.2
3
I
1
4
2
1
1
9,033
3,620
3,922
1,491
2.0
.4 ,
2
I
1
81,233
14,355
56,447
10,430
40,619
9,442
20,747
10,430
39,313
3,513
35,700
1,400
1,400
,7 I
.8
2.0
.3
.3
.1
2. 6
2
9
7
3
17,815
93,981
13,859
.S
.9
30
3:1
7
92,981
7,447
5,412
3.2
2.0
4.7
2.0
20
4
2"
8
4
244,634
M.329
36,960
14,553
15,834
10,186
1,424
3,232
8,140
United States
Middle Atlantic
New York ........
New Jersev
Pennsylvania... .,.,„
5
o
1
16
li
7
3
8
3
2
3
6
1
5
3
2
East North Central. . .
Ohio..............
Indiana . ..„..„ .
Illinois. _ _ ._ .........
Michigan
Wisconsin
6
25
2
2
31
133,655
4
2
14 .....
11
2
12
9
100,428
23,227 "~l7;8l5~
West North Central..
Minnesota
Iowa..
....I...
Missouri
North Dakota.......
South Dakota ,
Nebraska. _ , _ _ _ „ _ _ . _
Kansas
59
17
7
7
1
2
6
10
32S
79
28
25
IP
9
26
45
South Atlantic........
Delaware......
Maryland .........
District of Columbia
Virginia... _ . _ _ _ _ _ _ , . .
West Virginia
North Carol i n a ......
South Carolina
Georgia
Florida
%
37
13
1
2
i
1
5
1
3
7
23
East South Central...
Kentucky _ _
Tennessee ... .-.__
Alabama
_ _ ....
Mississippi
4
13
10 ----5
4
13
5 —„
We»t South Central..
Arkansas
Louisiana
Oklahoma
Texas
19
86
56
11
8
53
33
38 .....
18
Mountain. . ,..__,..
Montana
Idaho
Wyoming
Colorado
New Mexico
Arizona
«.=.„
Utah
Nevada
7
1
1
2
33
2
7
2
11
1
16
1
3
2
7
1
7
1
2
1
5
4
1
1
3
2
1
Pacific . .
........
Washington . . „ .
Oregon
.
California
3
1
14
6
7
2
2
§
5
,{
a
6
1
6 >
2
4
""'" l "
!
:
1
1 "
660,055
125,663
37,503
292,896
14,300
4,463
50,082
135,148
317,438
87,582
18,330
48,637
4,114
794
45,061
112,910
168,826
132,608
1 -- —
8,781
8,323
5
7,237
6
13
7,210
145,598
S
13,051
. 11,205
1,846
1.3
.6
8 .....
13,051
11,205
1,846
6,0
2,7
3
231,645
199,811
4,156
8,538
9,140
5.4
6.2
15
8 "~2
148,765
72,945
143,638
56,173
4,156
5,062
3,476
9,140
13 6
4.0
27 2
3.5
199,930
7,148
12,581
13,138
141,125
172
159,873
3,905
10,644
13,138
111,368
172
39,856
3,243
65
1.8
14.0
3 4
7 6
2 4
15. §
3.9
10.0
15 2
33 9
2
5 ......
3
3
4 ......
1
3
.....
20,515
5,251
17,711
2,905
2,531
1,971
83
33.3
9 9
10.0
1
1
6 .....
4
23,263
4,360
16,316
2,730
1,838
5,219
1,630
3.3
4.4
.4
6
2
SI
1
2 ...
..
18,903
13,486
1,828
3,589
3.6
.4
2
2'
1"
14 10S
78
44
31
7
3
16
4
4
15
3 _.._- 13
1
5
1
13
5
19
3
10
28
4
-2
2
7
13
35
„._.
i
5
1
33
9
4 —3 -— !
1«.S
11 2
4.4 '
14. 9 :i
12.4
3.5
12.0
25 3
2.4
3.4
458
1.1
1.0
7,237
2,245
971
10,170
6.8
11.7
4.3
4.1
10.0
5.6
6.2
6.9
36,318
2,997
228,251
2.8
2.0
7, <W4
1,121
1,623
174
""sis"
3,928
11
15
12 „._-...
-J
4 — -1
12 „..„„
2.4 i 1 t
2,926
4,284
120,001 ._— — _- 25,597 ....... 13.3 25. S
22,111
10,201
°"l°937°
7,616
273
375
:::::
3
3
1
1
„„.. •-'—-
....
.-
„:::::
....,„...
1 •' — ••-
SECTION 9
FEDERAL RESERVE BANKS
Text
:
•.../
Table 85. Assets and liabilities of Federal Reserve Banks, December 31, 1914-1941
Table 86. Assets and liabilities of each Federal Reserve Bank, December 3], 1920, 1929, 1933,
and 1941
Table 87. Principal assets and liabilities of each Federal Reserve Bank, December 31, 1914-1941.
Table 88. Bills discounted, by class of paper—holdings by Federal Reserve Banks, June and
December, 1917-1937, and by each Federal Reserve Bank, December, 1920,
1929, and 1933
'
Table 89. Bills bought, by class of paper and by method of purchase—holdings by Federal
Reserve Banks, June and December, 1921-1937, and by each Federal Reserve
Bank, December, 1921 and 1929
Table 90. Maturity distribution of bills held by Federal Reserve Banks, June and December,
1914-1941
Table 91. Holdings of United States Government securities, direct and guaranteed, by Federal
Reserve Banks, 1914-1941
Table 92. Industrial advances and commitments, June and December, 1934-1941
Table 93. Deposits, note circulation, reserves, and reserve percentages of Federal Reserve Banks,
monthly, November 1914-December 1941
Table 94. Federal Reserve notes—statement of amounts issued and collateral, December 31,
1914-1941
Table 95. Federal Reserve notes—statement of amounts issued and collateral, by each Federal
Reserve Bank, December 31, 1920, 1929, 1933, and 1941
Table 96. Volume of operations in principal departments of Federal Reserve Banks, 1920-1941.
Table 97. Volume of operations in principal departments of each Federal Reserve Bank, 1921
and 1941
Table 98. Current earnings, net earnings, and disposition of net earnings of Federal Reserve
Banks, 1914-1941
Table 99. Detailed statement of earnings and expenses of each Federal Reserve Bank, 1941....
324
330
333
337
340
341
342
343
345
346
350
352
354
355
356
357
SECTION 9
FEDERAL RESERVE BANKS
This section deals primarily with the condition and operations of the Federal Reserve
Banks. The following section, "Member Bank
Reserves, Reserve Bank Credit, and Related
Items/' presents principally material which bears
directly on Federal Reserve credit policy, different aspects of which are the responsibility of
various Federal Reserve authorities: namely, the
Board of Governors, the Federal Open Market
Committee, and the Federal Reserve Banks.
Statistics on Federal Reserve Bank discount
rates and on margin requirements, which are
also directly related to Federal Reserve credit
policy, are presented in Section 12, "Money
Rates and Security Markets," because of their
close relation to other data in that section. Discussion of the purposes, functions, and operation of the System is available in several publications of the Board of Governors, such as The
Federal Reserve System—Its Purposes and Functions and Banking Studies.1
Statistics appearing in this section are taken
largely from the statements of condition of Federal Reserve Banks, which are published weekly
as provided by Paragraph 2 of Section 11 of
the Federal Reserve Act.2 The first two weekly
statements—for November 20 and 27, 1914—
were confined to a consolidated statement showing the condition of the twelve Federal Reserve
Banks combined. All subsequent statements
have included, in addition, statements showing
the condition of each of the twelve Federal Reserve Banks. These statements are released to
the public each week in mimeographed form, and
they are also published monthly in the Federal Reserve Bulletin.
Details of the form of the condition statement have changed over the years. The reporting of some items, especially those relating to
reserves of Federal Reserve Banks and to collateral for Federal Reserve notes, has changed,
in part as a result of changes in the law. Information on other items, such as the types of
assets, has become more detailed. These changes
1
In the latter publication see particularly the following papers:
"Public Nature of the Reserve Banks," "Operations of the
Reserve Banks," "Work of the Board of Governors," "System
Organization: Determination of Credit Policy," and "Instruments
of 3 Federal Reserve Policy."
Through April 22, 1921, the weekly statement showed figures as
of Friday and was released on the following day for publication
not earlier than Sunday; beginning with April 27, 1921, the statement has been as of Wednesday and has been released on the
following day for publication not earlier than Friday morning.
End of month statements (for all Federal Reserve Banks combined) have been published beginning with 1922 in either the
federal Reserve Bulletin or the Board's Annual Report.
are commented on in subsequent paragraphs
in connection with specific tables, or are noted
in the footnotes to the tables.
This section comprises Tables 85-99. Tables
85 and 86 show detailed items of assets and
liabilities of all Federal Reserve Banks combined for the end of every year from 1914
through 1941, and for each Reserve Bank for
the end of selected years. Table 87 shows the
principal assets and liabilities of each Reserve
Bank for the end of every year 1914-1941. Tables
88-95 relate to specific assets and liabilities;
Tables 96-99 give statistics on the operations
and earnings of the Federal Reserve Banks.
Figures in this section are on an annual or semiannual basis except for Table 93 and part of
Table 91. Weekly and monthly statistics of
principal earning assets of the Federal Reserve
Banks are given in Section 10, Tables 101-108.
Current statistics for the series shown in Tables
85-95 are published in the Federal Reserve Builetin; annual data on operations and earnings,
similar to those shown in Tables 96-99, are published in the Board's Annual Report.
Gold and cash reserves. Federal
Reserve
Banks are required by law to hold against their
deposit and note liabilities certain minimum
reserves in the form of gold or lawful money.
Tables 85-87 show the amount and character
of reserves held by the Reserve Banks against
their liabilities at the end of each year 19141941, and Table 93 summarizes the reserve position of the Reserve Banks for the same period
by months. Discussion of reserve ratios is given
in a subsequent portion of this text under the,
heading "reserve position."
The reserves of Federal Reserve Banks now
consist principally of gold certificates^ which
are backed dollar for dollar by gold in the Treasury. The supply of these reserves is primarily
dependent upon the size of the monetary gold
stock, or more precisely upon that part of the
gold stock against which the Treasury has issued
gold certificates. Treasury issues of silver certificates or other forms of currency may have the
effect of increasing the non-gold reserves of the
Reserve Banks, but these reserves are minor and
consist largely of a working supply of currency
in the one and two dollar denominations. In
practice the Reserve Banks pay out into circulation Treasury currency of the higher denominations in lieu of Federal Reserve notes.
Various changes have been made since 1914
324
FEDERAL RESERVE BANKS
in the manner of reporting reserves and computing reserve requirements of the Federal Reserve Banks. In general, figures for reserves
in this section are shown on a substantially comparable basis throughout the period; that is,
wherever a change in reporting occurred, the
preceding figures have been revised to put them
on a comparable basis. One exception is nonreserve cash, which has been treated in accordance with its legal status at the time of the
report. Listed below are the changes since 1914
in items affecting the reserves of Federal Reserve Banks.
(f) Under the provisions of the original Federal
Reserve Act, gold and lawful money deposited with
the Federal Reserve agents were treated as a reduction in the Reserve Banks' liability for Federal
Reserve notes received from the Federal Reserve
agents. Accordingly, in statements published in the
early years of the System, gold and lawful money
so deposited were not shown as part of the cash
reserves of the Federal Reserve Banks and the Banks'
net liability on Federal Reserve notes (i.e., the portion
of the Federal Reserve note circulation against which
a gold or gold certificate reserve of 40 per cent was
required to be held) was shown rather than total
Federal Reserve note circulation. Any Federal Reserve notes held by a Federal Reserve Bank against
which gold and lawful money had been deposited
were shown in the weekly statement as an asset of
the Federal Reserve Bank. In accordance with the
Act of June 21, 1917, gold and gold certificates
deposited with the Federal Reserve agents were
treated thereafter as a part of the collateral security
required by law against Federal Reserve notes issued
to the Banks and the statements thereafter included
such gold and certificates as cash reserves and total
Federal Reserve notes in circulation as liabilities.
In the tables published in this section, figures shown
for reserves prior to June 21, 1917, have been made
consistent with later figures;; i.e., they include gold and
lawful money deposited with Federal Reserve agents.
(2) Gold held abroad by the Federal Reserve Banks
was included in cash reserves until February 4, 1921;
thereafter it was not classed as a reserve item and
appeared in the statement as "gold abroad or in custody" and later as "gold held abroad.'7 Tables in
this section, however, exclude "gold held abroad" from
reserves prior to February 5, 1921.
(3) Since the Act of May 12, 1933, which made
all coins and currencies of the United States legal
tender, all currency and coin held by the Federal
Reserve Banks, except Federal Reserve currency, have
been included in cash reserves. Before that time the
situation was as follows: Silver dollars, silver certificates, Treasury notes of 1890, and United States notes
were reported as "other cash" reserves; subsidiary silver was reported as "other cash" reserves before 1923
and as "nonreserve cash" thereafter; nickels and cents
were included in "other resources" before 1923 and in
"nonreserve cash" thereafter; Federal Reserve Bank
notes (except notes of the issuing Bank not covered
by the deposit of lawful money with the United States
Treasurer) and national bank notes were included in
"uncollected items" or "other resources" prior to 1923
and in "nonreserve cash" thereafter. In the tables in
this section the figures shown for "other cash" reserves
and "nonreserve cash" are as reported at the time and
325
have not been adjusted to make them comparable.
(4) On January 30, 1934, under the terms of the
Gold Reserve Act of 1934, title to all gold held by
the Reserve Banks was transferred to the United
States Government at a valuation of $20.67 an ounce
in exchange for an equivalent amount of gold certificates. Since that date the Reserve Banks have held
gold certificates or gold certificate credits on the
books of the Treasury against which the Treasury
has held gold. Since there is no circulation of gold
coin, changes in Treasury gold holdings reflect all
changes in the country's gold stock.
Federal Reserve Bank credit. The earning
assets of the Federal Reserve Banks—principally bills discounted, bills bought, and Government securities—are acquired when the Reserve
authorities create additional reserve funds for
member banks. This section includes annual and
semiannual figures for these earning assets, by
broad classes in Tables 85-87, with more detailed
figures for each class of earning assets in Tables
88-92, including a maturity distribution, Figures are shown for all Federal Reserve Banks
combined in Tables 85 and 88-91, and for each
Federal Reserve Bank in Tables 86-89. , The
significance of these items from the viewpoint
of Federal Reserve policy and the money market
is discussed in Section 10, pages 361-63, and in
Section 12, page 422. Weekly and monthly figures for these items appear in Tables 101-103 of
Section 10,
Bills discounted. The original Federal Reserve Act provided only for rediscounting commercial, agricultural, and industrial paper, and
paper secured by United .States Government
obligations, with maturities of not more than
90 days (except that agricultural paper might
be discounted in limited amounts up to six
months), and bankers' acceptances based on the
importation and exportation of goods, with maturities of not more than three months. The
Act of September 7, 1916, provided for advances
to member banks on their own promissory notes,
with maturities not exceeding 15 days, secured
by paper eligible for rediscount, including bankers' acceptances, or by Government obligations.
At the same time the powers of the Reserve
Banks with regard to discounting and purchasing bankers' acceptances were enlarged by making provision for paper growing out of domestic
shipments of goods and paper drawn for the
purpose of furnishing dollar exchange.
The other major changes which have been
made in the discount powers of the Federal Reserve Banks are:
(1) By the Act of March 4, 1923, the maximum
maturity permitted on discounts of agricultural paper
for member banks was extended to nine months,
authority was given to rediscount for Federal intermediate credit banks agricultural paper with similar
326
BANKING AND MONETARY STATISTICS
maturities, and provision was made for discounting
sight and demand bills of exchange drawn to finance
the domestic shipment of staple agricultural products.
(2) Lending powers were broadened temporarily
by the Act of February 27, 1982, and permanently in
a liberalized form by the Act of August 23, 1935, to
permit advances to member banks with maturities up
to four months secured to the satisfaction of the
Federal Reserve Bank (Section 10(b) of the Federal Reserve Act). Advances under this authority
are secured by bills and securities which are satisfactory to the Reserve Banks but which do not meet
the technical provisions in regard to eligibility for
discount or purchase.
(3) By Acts of July 21, 1932, and March 9, 1933, authority was given to make loans to individuals, partnerships, and corporations. The earlier provision was
temporary; the latter, which is still in effect, provides
for advances for periods up to 90 days on the security
of direct obligations of the United States.
(4) By the Act of June 16, 1933, the maximum
maturity permitted for advances to member banks
on the security of paper eligible for rediscount, including bankers' acceptances, was extended from 15
to 90 days.
Member bank borrowings comprise the bulk of
total bills discounted and, as explained in the
introductory text to Section 10, these borrowings
are of particular money market significance.
Discounts for nonmember banks and others,
which are shown separately in Tables 85 and 86,
include, when held, loans on gold to foreign central banks, rediscounts for Federal intermediate
credit banks, loans to nonmember banks, and
loans to individuals, partnerships, and corporations. In Table 88 bills discounted are classified
into rediscounted bilks, member bank collateral
notes, and discounts for individuals, partnerships, and corporations. Rediscounted bills and
member bank collateral notes are further broken
down to show amounts secured by United States
Government obligations. Under collateral notes
there are shown also the advances in recent years
which have been secured by collateral not eligible
for discount or purchase (Section 10 (b) of the
Federal Reserve Act). These classifications of
bills discounted are shown for (1) all Federal
Reserve Banks as of the end of June and December, 1917-1937, and (2) each Federal Reserve
Bank as of the end of each year 1920, 1929, and
1933, Data are not available prior to 1917; in
recent years the amounts have been very small
and no figures are shown since 1937. Table 90
shows the maturity distribution of bills discounted by all Reserve Banks for June and December elates from 1914 through 1941.
Bills bought. The Reserve Banks are authorized to purchase or sell in the open market, at
home or abroad, either from or to domestic or
foreign banks, firms, corporations, or individuals,
bills of exchange of the kinds and maturities that
are ' eligible for discount and bankers' acceptances. Purchases and sales of acceptances and
bills of exchange are part of the open-market
operations of the Federal Reserve System, the
money market significance of which is explained
in the introductory text to Section 10.£
Tables 89 and 90 give details on bills bought.
In Table 89 bills bought are classified both by
class of paper and by method of purchasethat is, by those bought outright and those
bought under repurchase agreement. As to class
of paper, most of the bills bought have been
bankers' acceptances payable in dollars; this is
brought out by the breakdown of the data in
Table 89 into bills payable in foreign currencies
and bills payable in dollars and the further classification of the latter into bankers' and trade
acceptances. Further classification of bankers'
acceptances according to the nature of the underlying transaction reflects some of the important
shifts that have occurred in uses of this type
of paper; similar classifications of all dollar
acceptances outstanding are given in Table 127,
Section 12. Table 89 gives figures of bills bought
by class of paper for (1) all Reserve Banks as
of the end of June and December, 1921-1937,
and (2) each Reserve Bank as of December 31,
1921 and 1929. Statistics by class of paper are
not available prior to 1921 and by method of
purchase prior to 1927. No figures are shown
since 1937 because Reserve Bank holdings of bills
bought have been negligible. Table 90 shows the
maturity distribution of bills bought as of June
and December dates, 1915-1939.
United States Government securities. Purchases and sales of Government securities provide the chief instrument of Federal Reserve
open-market operations, as explained in the introductory text to Section 10. Table 91 provides
data as to the types of Government securities
held by the Reserve Banks and their maturity
distribution, as well as information on the holdings bought outright and under repurchase agreement. Those bought outright are further broken
down to show those held in System account and
in the accounts of individual Federal Reserve
Banks. Beginning with 1922 most purchases of
Government securities were handled through a
System account and during 1936-1941 all such
purchases were so handled. Data on holdings of
Government securities by each Federal Reserve
Bank are shown in Tables 86 and 87.
Monthly data on maturities are not available
3
Federal Reserve practice in the purchase of acceptances differs
somewhat from the usual practice in the purchase of Government
securities, where the Federal Reserve officials take the initiative in
making the purchase. In the case of acceptances the Federal Reserve officials establish a rate at which they will buy all bills
offered, and the initiative is, therefore, taken by the seller—usually
a member bank or a dealer™ although the Federal Reserve authorities may encourage offerings by lowering or raising the buying rate.
Thus, as a factor of Federal Reserve Bank credit, acceptances purchased from member banks resemble discounts of eligible paper or
secured advances to member banks.
FEDERAL RESERVE BANKS
prior to July 1936. Since Treasury bills and certificates have maturities, at issue, of less than one
year, and Treasury notes of one to five years,
it is possible to obtain some general information
on maturity distribution from an inspection of
holdings by type of security. More detailed information on issues and maturities at the end of
each year is given in the Board's annual reports.
Other monthly and weekly figures for total holdings of Government securities bought under repurchase agreement and bought outright are
available in the annual reports for 1930, Table
17; for 1931, Table 18; and for 1933, Table 29.
Industrial advances and commitments. Industrial advances differ from other forms of Reserve Bank credit because the credit is for a
different purpose and is extended to business
enterprises. Under the provisions of Section 13b
of the Federal Reserve Act (added by the Act of
June 19, 1934), the Federal Reserve Banks may
make advances with maturities not exceeding five
years to established commercial or industrial
enterprises for the purpose of supplying working capital. These loans may be made in cooperation with a member bank, nonmember
bank, or other financing institution; they may be
made by a financing institution with a commitment by a Reserve Bank to discount the paper;
or, if the borrower is unable to obtain credit on
a reasonable basis elsewhere, the loan may be
made directly by the Reserve Bank. Before the
Reserve Bank may grant a commitment, it must
satisfy itself that the loan is properly made and
is one that it is authorized by the Act to acquire,
and the financing institution making the loan
must obligate itself for at least 20 per cent of any
loss that may be sustained. When loans are
made jointly by a Reserve Bank and a financing
institution, the latter must take at least 20 per
cent of the loan.
Detailed data regarding industrial loans, in-:
eluding the number and amount of loans applied for and approved, the outstanding amounts
of direct advances, commitments, and participations, and the maturity distribution of advances, are given in Table 92. The rates at
which these advances have been made appear
in Table 118, Section 12, and further information concerning them appears in the introductory text to that section.
Deposits. Deposits at Federal Reserve Banks
consist mainly of the reserves of member banks.
They also include the checking account of the
United States Treasurer, deposits of foreign
banks and governments, and other accounts, such
as deposits maintained by certain nonmembei
banks for use in clearing and collecting checks
and checking accounts of Government agencies.
327
The first deposits by the United States Treasurer
were made at the Federal Reserve Banks of
Dallas, Richmond, and Atlanta in September,
1915. The first foreign government deposit was
made in May 1917 and the first foreign bank
deposit in November 1918.
Deposits for all Reserve Banks combined are
shown for year end dates for the period 19141941 in Table 85 and monthly in Table 93. Figures for each Reserve Bank appear in Tables 86
and 87. Additional monthly and weekly statistics of member bank reserve balances and of
Treasury deposits at the Reserve Banks are
shown in Section 10, Tables 101-103, and the
text of that section discusses the significance of
these items.
Until February 1921 the Federal Reserve
Banks computed required reserves against4 their
deposits on the basis of "net deposits/' and
thereafter on total deposits. .In the tables in this
section figures for total deposits are shown beginning with 1917, when the condition statements first included details which could be used
to derive total deposit figures comparable with
those currently reported in later years. For the
period 1914-1916, the figures for deposits shown
in Table 93 represent "net deposits" while in
Tables 85-87 they are for total deposits plus
"deferred availability accounts.'7 Data for these
years are therefore not comparable with later
years. Comparability of the deposit figures for
these early years is also affected by the fact that
prior to June 21, 1917, member banks were not
required to keep all of their legal reserves with
the Reserve Banks.
Federal Reserve notes.
Federal
Reserve
notes, which are liabilities of the Federal Reserve Banks that issue them, are the major part
of the country's circulating medium. They are a
prior lien on all assets of the Reserve Banks and
are specifically secured by the pledge of collateral of at least equal amount. They are also
obligations of the United States Government.
The original Federal Reserve Act provided
that the 100 per cent collateral pledged for notes
should consist of eligible paper representing discounts by member banks, but permitted the Reserve Banks to reduce their liabilities for Federal Reserve notes.by depositing gold or lawful
money with their Federal Reserve agents. Revisions of the law provided in 1916 that bills
bought in the open market and in 1917 that gold,
gold certificates, and member bank promissory
notes could be deposited as collateral against
Federal Reserve notes. The Glass-Steagall Act,
passed in February 1932, provided for the use of
4
"Net deposits" are total deposits plus deferred availability accounts (also called "deferred credits") less "uncollected items.'"
328
BANKING AND MONETARY STATISTICS
Government securities as collateral for a period
of one year; this provision has been periodically
renewed and under law now in effect will expire
on June 30, 1945. The Gold Reserve Act of January 1934 eliminated the authority for the use of
gold—but not gold certificates—as collateral.
The amount of liability of Reserve Banks for
Federal Reserve notes is shown for year end
dates from 1914 through 1941 in Tables 85-87
and by months in Table 93. More detailed information regarding the amounts of Federal Reserve notes issued and their collateral is given
in Tables 94 and 95. Data on Federal Reserve
notes in circulation outside the Treasury and
the Federal Reserve Banks appear in Section 11,
Tables 109 and 110.
Federal Reserve Bank notes. The original
Federal Reserve Act provided for Federal Reserve Bank notes to be issued by the Reserve
Banks under almost the same conditions as national banks issued national bank notes, which
they were expected to replace eventually. Federal Reserve Bank notes are a liability of the
issuing Bank unless this liability is extinguished,
as provided by law, by the deposit of lawful
money with the Treasurer of the United States
for their redemption.
Federal Reserve Bank notes never became a
permanent part of the country's currency because it was found that increases in the- demand
for currency for circulation could be met by
Federal Reserve notes. Small amounts of Federal Reserve Bank notes were issued in 1916 and
1917, and during 1918-1920 as much as 250 million dollars of additional notes were issued under
the Pittman Act to replace silver certificates
withdrawn from circulation as a result of the
sale of monetary silver to Great Britain for the
support of the Indian rupee. At the time of the
banking emergency in 1933, preparation was
made to meet the needs of the public for currency by the issuance of Federal Reserve Bank
notes in lieu of Federal Reserve notes because it
was thought possible that the collateral requirements against Federal Reserve notes might be a
restriction * on ,their issuance. Only about 200
million dollars of Federal Reserve Bank notes
were actually put into circulation at the time.
In each of these cases, Federal Reserve Bank
notes were used only temporarily; they were
gradually retired as notes unfit for further circulation were returned t@ the Treasury. Moreover, the Federal Reserve Banks extinguished
their liability while notes were still in circulation
by the deposit of lawful money with the United
States Treasurer.
In December 1942 the Board of Governors
authorized the Federal Reserve Banks to issue
the remaining 660 million dollars of Federal Reserve Bank notes which had been printed in
1933. The utilization of this stock of unissued
paper currency permitted the saving of labor
and materials which would have been involved
in printing a corresponding amount of new currency. As these Federal Reserve Bank notes
were issued, the Federal Reserve Banks gave the
United States Treasurer deposit credits of like
amount withdrawable at any time in gold certificates, silver certificates^ or other lawful
money. These deposits extinguished immediately the liability of the Federal Reserve Banks
for the notes and provided for their retirement
as they become unfit for circulation.
The liability of the Reserve Banks for Federal Reserve Bank notes, that is, the outstanding amounts of such notes which were not covered by lawful money deposited with the United
States Treasurer, is shown for end of year dates
for all Reserve Banks in Table 85 and for
selected years for each Reserve Bank in Table
86. Section 11 on currency includes additional
statistics on Federal Reserve Bank notes: Tables
109 and 110 give figures on the amounts in
circulation outside the Treasury and the Fed1
eral Reserve Banks, and Table 114 shows the
amounts outstanding which are covered by deposits with the Treasury.
Reserve position. The Federal Reserve Act
provides that ,the Federal Reserve Banks shall
have reserves of gold certificates equal to at
least 40 per cent of their Federal Reserve notes
in circulation and reserves of gold certificates
or lawful money equal to at least 35 per cent
of deposit liabilities.5 Tables 85 and 86 on
assets and liabilities of Reserve Banks include
for year end dates ratios of total reserves to
deposit and Federal Reserve note liabilities combined.
Table 93 shows monthly data relating to the
reserve position of Federal Reserve Banks for
the period November 1914-December 1941. Two
columns in this table summarize the reserve
position—"reserve percentage" and "excess reserves." The remaining columns include the
data on which these figures are based. The reserve percentage is the ratio of total reserves
to deposit6 and Federal Reserve note liabilities
combined. Excess reserves are the amount by
5
Section 16 of the Federal Reserve Act was amended by the
Gold Reserve Act of 1934 to require that reserves against Federal
Reserve notes be maintained in gold certificates instead of in
gold or gold certificates and that reserves against deposits of
Federal Reserve Banks be maintained in gold certificates or
lawful money instead of in gold or lawful money; and, to make
other corresponding amendments in other provisions of Beet ion 16.
8
The reserve percentages prior to 1917 are not comparable with
later years because the deposit figures are not comparable (see p.
327); the percentages prior to 1921 differ somewhat from those
originally published because of adjustments in the reserve figures
to make them comparable with figures for later years (see p. 325).
FEDERAL RESERVE BANKS
which total reserves exceed required reserves;
the latter figures are computed by applying the
legal ratios to the liabilities—35 per cent for
deposit liabilities and 40 per cent for Federal
Reserve note liabilities. During most of their
life the Federal Reserve Banks have held large
amounts of reserves in excess of requirements,
and the actual amount of excess reserves and
the reserve ratio have not been of particular
significance. At times, however—especially in
1920 and during the banking holiday in 1933—
reserve ratios were close to the legal limit. In
general. Federal Reserve credit policy is determined on the basis of the broad needs of the
credit and business situation and not on the
basis of variations in the reserve ratio.
Services of the Reserve Banks. Much of the
time and personnel of the Reserve Banks is occupied with a variety of services which they
perform for commercial banks and with their
functions as fiscal agents, depositaries, and custodians for the United States Treasury and other
Government units. A statistical summary of
these service functions appears in Tables 96
and 97.
The Reserve Banks are the medium through
which Federal Reserve notes are issued and all
other kinds of United States money—paper and
coin—are put into circulation. They are also
the medium through which currency no longer
needed by the public is returned from circulation. A nation-wide system for the collection
of checks and drafts is conducted for the benefit
of member banks and nonmember clearing banks.
Reserve Banks also receive from these banks
maturing notes and bills: for collection.
The principal activities carried on by the Reserve Banks for the Treasury Department are
those incident to the issuance, exchange, and
redemption of Government securities and the
payment of Government checks and coupons.
Upon request the Reserve Banks perform
services for numerous Government agencies, For
some agencies they issue, exchange, and redeem
securities; and for some they perform special
work such as closing and disbursing loans, holding collateral in safekeeping, and receiving and
applying payments.
Table 96 summarizes for all Reserve Banks
figures relating to the various service functions
performed during each of the years 1920-1941,
while Table 97 gives similar information for
each Reserve Bank for the years 1921 and 1941.
Current statistics, similar to those shown in
Table 96, are published each year in the Board's
Annual Report.
Earnings. Table 98 summarizes the earnings
of all Federal Reserve Banks arid their disposi-
329
tion for the years 1914-1941, and Table 99 shows
details regarding earnings and expenses of each
Reserve Bank in 1941, together with statistics on
the number of officers and employees as of the
end of the year.
The Federal Reserve Banks are not operated
for profit, but they are self-supporting. The nature and the amount of Reserve Bank earnings
depend largely upon the demand for Reserve
Bank credit on the part of member banks and
upon Federal Reserve policy as to open-market
operations. Most of the expenses of the Reserve
Banks are incurred in collecting checks, supplying currency, and performing other services
from which no earnings are derived.
Until 1933, the law required that the net earnings of the Reserve Banks after deduction of
the annual 6 per cent cumulative dividend on
paid-in capital stock should be allocated to surplus and to a franchise tax paid to the United
States Government.7 In 1933, Congress abolished
the franchise tax and provided that the net earnings of the Reserve Banks should be added to
their surplus; at the same time the Reserve
Banks were required to subscribe an amount
equal to one-half their accumulated surplus, or
140 million dollars, for non-dividend stock of
the Federal Deposit Insurance Corporation.
While the Reserve Banks continue in operation—
and they can not suspend without Congressional
action—they may draw upon surplus to absorb
losses and to meet expenses and the annual 6 per
cent cumulative dividend when earnings are low.
In case of liquidation the surplus becomes the
property of the United States Government.
In Tables 98 and 99 current earnings are
shown by sources—from bills discounted and
purchased, from United States Government securities held, and from other forms of Federal
Reserve credit. Net earnings are current earnings less current expenses, plus additions and
less other deductions. The details of current
expenses and of additions to and deductions
from current net earnings are shown for 1941
in Table 99. The tables show the disposition
of net earnings: payment of dividends specified
by law, payment of franchise tax (until 1933),
and transfers to surplus accounts. Current figures on the earnings and expenses of the Federal
Reserve Banks are published semiannually in
the Federal Reserve Bulletin.
7
Until March 3, 1919, the law provided that net earnings after
dividends should be divided equally between franchise tax and
surplus until surplus amounted to 40 per cent of paid-in capital
stock, after which all of such net earnings should be paid as
franchise tax. Thereafter, until*June 16, 193S, the law provided
that all net earnings after dividends should be added to surplus
until it amounted to 100 per cent of subscribed capital stock,
after which 10 per cent of such net earnings should be added to
surplus and 90 per cent paid as franchise tax.
BANKING AND MONETARY STATISTICS
330
NO. 85-ASSETS AND LIABILITIES OF FEDERAL RESERVE BANKS, DECEMBER 31,1914-1941
[In thousands of dollars]
1914
Item
Asseis
Gold and gold certificates on hand and
due from United States Treasury. ...
Redemption fund -Federal Reserve
notes
Other cash
Total reserves
Nonteser ve cash „ „ „ „ . .
_ ......
Redemption fund- Federal Reserve
Bank notes
, . _.„_.,.
Bills discounted:
For member banks
For nonmember banks, etc. ...... ..
1915
1916
1917
1918
1919
1920
1921
1922
227,422
541.585
736,084
1,603,050
2,000,784
1,812,127
1,897,053
2,769,849
2,993,027
428
40,049
1,125
12,721
1,703
19,325
19,406
49,221
85,449
59,422
119,397
58,964
162,433
190,914
105,146
135,257
54,366
119,045
267,899
5,642
555,431
4,142
757,112
' 5,789
1,671,677
15,005
2,145,655
45,933
1,990,488
49,595
2,250,400
• 59,944
3.010,252
59,590
3,166,438
48,722
400
537
6,253
13,232
12,588
7,805
2,096
28,552
660,311
1,765,580
2,215,305
2,687,393
1,144,346
617,780
32,300
9,909
32,300
28,552
660,311
1,765,580
2,215,305
2,687,393
1,144,346
617,780
23,723
Total bills discounted
Bills bought:
Payable in dollars
Payable in foreign currencies..
9,909
128,956
273,237
287,167
574,104
260,406
145,263
272,122
23,723
128,956
273,237
287,167
574,104
260,406
145,263
272,122
Total bills bought
.......
Industrial advances.....
_....„_...
United States Government securities,
direct and guaranteed:
Iilonds
.,.„... . .
Notes
Certificates
Bills......
205
15,856
44,247
11,167
51,710
26,792
43,051
27,964
9,301
201,404
26,836
64
273,204
26,311
73
260,645
32,470
17,566
183,492
28,877
180,387
226,891
Total United States Government
securities, direct and guaranteed
Other securities..... _. =
205
734
15,856
12,300
55,414
8,974
121,553
4,599
238,669
13
300,104
287,029
233,528 j
379 j
436,155
39
10,848
84,179
221,896
1,059,700
52,500
3,089,513
131,321
1,141
22,424
1,008,070
10,475
7,658
3,234,828
3,300
1,120
31,131
637,218
16,632
6,944
1,523,516
1,326,096
695
13,753
487,581
35,258
12,659
702
20,289
629,121
45,278
13,227
Total bills and securities
Gold held abroad.....
Due from foreign banks....
Federal Reserve notes of other Banks..
Uneolleeted items. ..„._.
Bank premises
All other assets. .....»,. . _ . _ _ . . _ .
Liabilities
Federal Reserve notes in actual circulation 1
. . . .._=.„=
Federal Reserve Bank note circulationnet
Deposits:
Member bank — reserve account
United States Treasurer— general
account .. ._„._.
Foreign
Other deposits. - _ . „ _ _ .
.
Total deposits
Deferred availability items
Other liabilities*
..
Total liabilities
Capital Accounts
Capital paid in
Surplus (section 7)
,
...
Surplus (section 13b)». „„._..,.,__.
Other capital accounts4,,..
Total liabilities and capital accounts,..
Ratio of total reserves to deposit and
Federal Reserve6 note liabilities combined (per cent) »
„
- ,.
Contingent liability on bills purchased
for foreign correspondents
Commitments to make industrial advances.
„_. .
For footnotes see end of table, p. 332.
652
252
222,995
368
2,156
641
359,547
708
3,685
329,859
Total assets
207
50,792
145
1,944
2,291,429
5,829
6,770
2,537
726,036
8,082
11,744
696,840
1,210,968
3,164,000
5,250,268
6,323,917
6,254,105
5,151,109
£.251,969
10,608
188,817
274,795
1,246,761
2,658,952
3,008,878
3,336,281
2,409,392
2,395,789
8,000
119,163
260,490
216,641
83,690
2,770
721,619
1,447,370
1,635,665
1,890,099
1,780,679
1,753,217
1,933,888
101,236
3,336
30,793
51,071
95,976
25,409
30,961
73,332
27,808
57,415
5,494
17,910
95,951
11,555
15,359
10,756
2,532
26,356
878,531
<»)
1,947
1,582,735
248,601
6,907
1,808,121
526,597
33,931
2,022,200
806,667
18,155
1,861,498
518,534
19,294
1,876,082 1,973,532
447,614
544,797
15,643 ,
9,441
299
44,519
2264,678
2
101 .175
2
17,209
27,663
236,369
=34,082
n29,249
2301,047
(3)
153
M52.466
(3)
643
311,808
641,926
1,155,273
3,093,004
5,146,764
6 t H6,390
5,952,248
4,832,421
4,926,329
18,051
54,914
55,695
70,740
256
80,766
22,738
87,407
120,120
99,821
202,036
103,165
215,523
107,271
218,369
329,859
696,840
1,210,968
3,164,000
5,250,268
6,323,917
6,254,105
5,151,109
5,251,969
H00.3
694.1
581.4
59.1
48.0
39.6
2
43.3
70.2
72.5
16,204
32,257
34,393
FEDERAL RESERVE BANKS
331
NO. 85-ASSETS AND LIABILITIES OF FEDERAL RESERVE BANKS, DECEMBER 31,1914-1941-Contmued
[In thousands of dollars]
1923
Item
Assets
Gold and gold certificates on hand and
due from United States Treasury
Redemption fund— Federal Reserve
notes.
-~
Other cash
Total reserves
__
Nonreserve cash
Redemption fund— Federal Reserve
Bank notes
Bills discounted:
For nonmember banks, etc.
1924
1925
1926
1927
1928
1929
1930
1931
3,021,284
2,895,288
2,647,224
2,751,777
2,676,163
2,506,332
2,783,764
2,906,008
2,933,276
58,748
88,902
41,245
110,521
54,091
123,056
66,762
129,314
57,024
133,964
77,900
124,608
73,287
153,877
35,211
140,298
55,616
168,770
3,168,934
52,319
3,047,054
62,567
2,824,371
63,137
2,947,853
66,589
2,867,151
76,745
2,708,840
79,885
3,010,928
81,909
3,081,617
79,932
3,157,662
72,612
314,128
6,000
635,193
7,800
635,963
665
579,213
2,290
1,043,739
12,727
631,276
1,145
250,590
808
626,791
11,602
28
723,068
723,068
320,128
642,993
636,628
581,503
1,056,466
632,421
251,398
638,293
354,637
385,833
1,267
373,442
914
378,797
2,189
391,202
837
488,053
1,017
390,582
1,627
327,861
35,983
305,258
33,429
354,637
387,100
374,356
380,986
392,039
489,070
392,209
363,844
338,687
29,508
86,947
17,111
75,265
349,354
115,541
60,825
187,065
126, 678
47,964
87,358
179,498
290,704
69,114
256,698
53,884
105,963
68,217
76,817
215,604
161,916
56,250
163,785
226,473
315,028
24,181
360,368
33,040
271,199
152,353
133,566
51
540,160
2,050
374,568
3,205
314,820
2,621
616,516
880
228,064
9,885
510,587
12,300
729,467
7,143
816,960
31,148
Total bills a,nd securities . . _ 1,211,322
Gold held abroad
702
Due from foreign banks
21,907
Federal Reserve notes of other Banks.,
543,707
Uncollected items
53,999
Bank premises
13,477
All other assets ..__
_
1,249,438
1,395,122
1,335,055
1,590,938
1,783,485
1,547,517
1,351,852
1,825,088
641
19,224
636,973
57,598
22,885
641
20,931
729,256
59,176
16,770
657
24,796
705,664
58,131
11,336
566
23,504
714,068
57,933
14,681
728
28,707
683,968
58,591
7,339
721
42,148
706,588
57,359
11,275
704
21,993
584,783
57,843
22,024
8,662
20,055
497,881
57,668
32,697
5,066,395
5,096,380
5,109,404
5,150,081
5,345,586
5,351,543
5,458,445
5,200,648
5,672,325
1,862,062
1,838,164
1,850,827
1,789,867
1,838,194
1,909,723
1,663,538
2,624,471
2,220,436
2,212,098
2,194,094
2,486,777
2,388,964
2,355,263
2,470,583
1,961,410
51,197
18,733
20,302
16,432
8,247
20,611
16,953
46,356
18,576
18,357
4,649
20,857
23,472
5,775
21,475
28,852
5,710
23,850
18,819
5,761
21,970
53,637
79,099
30,728
Total bills discounted ..
Bills bought:
Payable in dollars
Payable in foreign currencies
Total bills bought
United States Government securities,
direct and guaranteed:
Bonds.. ~
Notes .
Certificates
Bills
-„
Total United States Government
securities, direct and guaranteed
Other securities
Total assets.
Liabilities
Federal Reserve notes in actual circulation l
_.
.
- 2,246,673
FederalReserve Bank-note circulation471
net
Deposits:
1,898,315
Member bank— reserve account
United States Treasurer— general
38,074
account
4,029
Foreign
19,161
Other deposits
Total deposits
Deferred availability items
Other liabilities*
1,959,579
516,803
11,809
2,310,668
584,716
9,059
2,257,388
665,847
10,458
2,275,979
660,393
9,293
2,530,640
651,032
8,247
2,439,686
659,500
12,829
2,413,675
672,922
14,216
2,517,133
564,007
11,694
2,124,874
478,229
24,762
Total liabilities
4,735,335
4,766,505
4,771,857
4,796,4£2
4,97f,786
4,950,209
5,010,536
4,750,372
5,252,336
110,145
220,915
112,038
217,837
117,237
220,310
124,814
228,775
132,481
233,319
146,936
254,398
170,973
276,936
169,640
274,636
160,568
259,421
5,096,380
5,109,404
5,150,081
5,345,586
5,351,543
5,458,445
5,200,648
5,672.325
.
Capital Accounts
Capital paid in
_-_
Surplus (section 7)
Surplus (section 13b)
Other capital accounts *
Total liabilities and capital accounts
_
__
_._ 5,06fi.?95
Ratio of total reserves to deposit and
Federal Reserve6note liabilities com75.3
bined (per cent)
--Contingent liability on bills purchased
18,995
for foreign correspondents.
.Commitments to make industrial adFor footnotes see end of table, p. 332.
73.0
69.0
71.4
66.4
63.3
69.6
73.7
66.5
42,683
70,344
59,453
228,685
324,699
547,962
439,288
250,621
BANKING AND MONETARY STATISTICS
332
NO. 85-ASSETS AND LIABILITIES OF FEDERAL RESERVE BANKS, DECEMBER 31,1914-1M1-Continu«d
[In thousands of dollars]
1932
Item
1933
1934
1935
1936
1937
1938
1939
1940
1941
Assets
Gold and gold certificates on hand and
3,110,230 3,524,237 5,124,347 7,553,357 8,851,880 9., 119, 891 11,737,720 15,199,120 19,750,781 20,490,015
due from United States Treasury
Redemption fund—Federal Reserve
9,692
9,873
9,903
12,741
9,436
17,444'
13,668
19,060
40,441
44,739
notes
275,109
3S8,213 315,194
351,688
260,078
256,534
264,550
180,529 224,634 257,577
Other cash
.
„
»
Total reserves..-,.
_
Redemption fund— Federal Reserve
Bank notes
Bills discounted:
For member banks „
„„
For nonmember banks etc
Total bills discounted
Bills bought:
Payable in dollars
Total bills bought
Industrial advances
United States Government securities,
direct and guaranteed:
Bonds
Notes Certificates
Bills
. .
3,331,200 3,793,610 5,400,984 7,835.351 9,121,155 9,481,015 12,165,806 15,524,217 20,035,582 23,764,361
87,027
13,082
1,677
96,873
717
6,988
74
4,316
356
2,612
301
9,866
3,971
1,720
5,045
1,968
947
2,955
234,932
97,590
7,062
4,672
2,913
9.866
3.971J
6,765
2,915
2,955
3,634
29,489
127,392
6,033
112
5,501
4,656
3,089
540
549
4,656
32,493
3,089
24,650
540
18,049
549
15,644
11,044
7,538
9,504
233,834
1,098
33,123
133,425
5,613
14,301
840,893 1,351,045 1,284,600 1,466,805
751,539
490,643
216,176
421,862 443,336 395,665
899,500
777,300
299,703 1,053,300 1,507,116 1,641,597 1,340,963 1,154,997 1,156,947 1,133,225
718,964 515,769
10,370
566,175
59§,621
657,479
572,958
414,613 425,085 527,475
Total United States Government
securities, direct and guaran1,855,142 2,437,490 2,430,256 2,430,731 2,430,227 2,564,015 2,504,015 «2, 484, 270 •2,184,100 "2,254,475
teed..
181
4,818
Other securities .=
1,493
Total bills and securities
2,128,015 2,669,998 2,457,232 2,472,733 2,460,879 2,592,470 2,5S4,179 2,502,079 2,194,553 2,266,934
Gold held abroad
72,638
47
47
172
47
220
179
665
Due from foreign banks
. . __
.
2,976
3,333
805
31,623
36,287
32,570
33,454
30,211
32,603
27,445
Federal Reserve notes of other Banks __
17,819
18,460
28,502
912,398 1,200,724
693,487
710,849
867,206
825,221
603,789
Uneolleeted items
,
382,194 445,628 460,132
40,062
40,767
41,749
45,027
42,768
46,142
Bank premises
._
--„
47,723
56,000
51,884
49,161
47,596
43,724
37,241
44,348
58,583
All other assets
38,473
38,094
44,693
43,652
37,119
Total assets
6,114,988 7,040,688 8,442.145 11,025,800 12,524,693 12,879,630 15,580,692 19,027,335 23,261,866 24,352,844
Liabilities
Federal Reserve notes in actual circula2,738,608 3,079,543 3,221,107 3,709,074 4,283,537 4,283,611 4,451,824 4,958,546 5,930,997 8,192,169
tion 1
Federal Reserve Bank note circulation208,997
26,390
net
Deposits;
Member bank— reserve account,,,. 2,509,490 2,729,442 4,095,946 5,587,208 6,606,430 7,026,809 8,724,050 11,653,232 14,025,633 12,450,333
United States Treasurer—general
368,481
§67,493
923,225
634,270
142,390
243,662
543,770
2,837 120,746
8,262
account
774,062
171,750
199,211 i 397,443 1,132,909
28,935
98,620
19,394
Foreign = _,,_,_,
19,446
4,233
586,170
599,544
241,512
235,743
255,836
160,207
23,687 128,038 169,264
225,896
Other deposits-, _._„._
_
Total deposits
Deferred availabilitv items
Other liabilities 4
2,560,885 2,864,550 4,405,350 6,385,809 7,108,019 7,576,692 10,087,908 12,940,7S1 16,126,567 ' 14, 678, 058
832,779 1,106,929
694,217
776,665
674,000
591,556
786,157
368,309 430,883 455,252
2,105
2,196
2,998
2,558
4,032
4,109
5,000
17,295
11,818
3,543
Total liabilities
5,685,097 6,595,791 8,111,642 10,690,471 12,183,613 12,538,412 15,237,037 18,678,550 22,892,539 23,979,351
Capital Accounts
Capital paid in
Surplus (section 7)
__..
Surplus (section 13b) 4
. _„
Other capital accounts ~.,
151,292
278,599
144,693
277,680
22,524
146,725
144,893
8,069
30,816
130,512
145,501
24,235
35,081
130,836
145,854
27,190
37,200
132,744
147,739
27,683
33,052
1^4,575
149,152
27,264
32,664
135,599
151,720
26,839
34,627
138,579
157,004 1
26,785 !
46,890
142,180
157,501
26,780
47,032
Total liabilities and capital accounts--....--.... . -- .--. ... 6,114,988 7,040,688 8,442,145 11,025,800 12,524,693 12,879,630 15,580,692 19,027,335 23,261,806 24,352,844
Ratio of total reserves to deposit and
Federal Reserve5 note liabilities com90.8
90.8
83.7
86.7
79.9
77.6
80.1
62.9
bined (per cent)
„
„
63.8
70.8
Contingent liability on bills purchased
76
1,666
40,170
3,810
675
for foreign correspondents
Commitments to make industrial ad14,597
9,070
5,22B
14,272
12,928
10,047
20,643
27,649
vances. _
1
2
Includes Federal Reserve notes held by the United States Treasury or by a Federal Reserve Bank otber than the issuing Bank.
Figures not comparable with later years; see introductory text, p. 327.
3 Deferred availability items included in deposits 1914-1916.
4 "Other capital accounts" included with "other liabilities," 1914-1932,
6
For 1914-1916 the figures are the ratio of total reserves to net deposit and Federal Reserve note liabilities combined- the same basis as the
reserve percentages in Table 93; see further comment on ratios prior to 1921 in footnote 6, p. 328.
c
Guaranteed obligations were not issued until late in 1933 and Reserve Banks were first authorized to purchase them in 1934. The only
holdings of such obligations prior to 1939 were $181,000 at the end of 1935, which were included with "other securities." Beginning with the end
of 1939 Reserve Bank holdings of guaranteed securities have been as follows: 1939, $11,803,000; 1940, $4,600,000; 1941, $4,600,000; these holdings were
bonds, except $1,053,000 of notes at the end of 1939.
FEDERAL RESERVE BANKS
333
NO. 86-ASSETS AND LIABILITIES OF EACH FEDERAL RESERVE BANK,
DECEMBER 31,1920,1929,1933, AND 1941
[In thousands of dollars]
New York
Boston
Item
1941
1933
1929
1920
1941
1933
1929
Assets
Gold and gold certificates on hand
and due from United States Treas1,162,307
ury
--•Redemption fund— Federal Reserve
4,143
notes
-.-- _ . _ _ _ _ . _ _ _ _ - , _ . _
25,589
Other cash
234,004 260,284 186,664 8,164,207
927,695
733,046
1,047
46,842
10,707
50,104
16-, 814
50,382
1,192,039
254,025 283,984 217,275 8,212,096
10,902 9,488
988,506
800,242
12,946
Nonreserve cash
_
Redemption fund— Federal Reserve
Bank notes
260
260
Total bills discounted
Bills bought:
Payable in dollars
Payable in foreign currencies
Total bills bought
1~883
Liabilities
Federal Reserve notes in actual circulation 2
Federal Reserve Bank note circulation—net
*.
Deposits:
Member bank— reserve account.
United States Treasurer —general account
Total liabilities
433,201 1,224,286 193,332 198,801 195,230
39,000
144,759
892 4,188 4,920
19,345 31,051 12,471
8,902
993
616,960 1,244,523 228,571 216,192 205,125
3,483 9,240
480
1,300
1,300
4,860 26,644 173,368
690
40,349
342
171,759
871,438
674 25,363 65,777 172,383
4,860 26,644 173,368
690
40,691
171,759
871,438
674 25,363 65,777 172,383
20,192
2,066
191,433
312
113,740
22,258
191,745
113,740
170,047
361,239
165,068
140,401
16,997
131,383
68,808
22,018
1,468
50
59,666
115,799 28,068 3,658 1,434
61,364 74,042 13,818
34,640 19,730 30,461
819 30,370 4,600
28,671 29,878 20,678
M98
7,217
641
3,468
8,441 12,689
99
7,858
8,540 12,689
592, 196
836,755
903
239,206
7,150
61,184
177,982 167,120 41,806 31,895
510 1,000
176,178
191,202 83,372 216,109
241
256
53
466
645
326
50,472 78,533 47,644
3,224 3,580 2,700
314
395
'81
593,984
900,607
18
4,493
316,326
10,507
11,148
1,228
3,726
126,521
11,066
25,103
609,860 1,046,362
1,211
1,120
218
14,308
16,815
203,188 125,918
3,680
15,664
1,364
3,283
182,124 200,851 117,123 216,967
264
5
69
367
2,700 1,066
85
268
84,370 36,896 59,016 58,424
500
4,866 3,841 1,762
4,061 4,577
359
106
3
774
116,237
2,778
3,177
671,656
80,782
29,543
9,527
688,698
104,811
347
1,465,512
9,403
10,949
2,874
2,448
Total liabilities and capital
accounts
. _ _ - . _ .,- , 1,491,186
Ratio of total reserves to deposit and
Federal Reserve note liabilities
. 87.6
combined (percent)*
Contingent liabilities on bills purCommitments to make industrial
For footnotes see end of table, p. 336.
139
2,724
501,290 460,831 495,488 9,148,572 2,059,628 1,662,216 .t, 814, 169 1,522,649 477,469 398,019 492,264
234,305 206,558 288,780 2,110,650
20,354
19,976
568,846
Capital Accounts
Capital paid in
_ Surplus (section 7) _
Surplus (section 13b)
Other capital accounts *_
1920
157,671 25,850 22,063
1,000
1
._
1929
174,035
1,491,186
Total assets
1933
385,294
204,178
800
Total bills and securities
Gold held abroad
Due from foreign banks
Federal Reserve notes of other Banks
XJncollected items
Bank premises
All other assets
1941
539
24,390 3,551
5
70,955 6,072
33,212 11,945 21,519
29,114 4,282
113,230
60,005
Bills
Total United States Government securities, direct and
guaranteed 1
Other securities
1920
2,766
2,871
28,225 29,802 20,678
446
. 76
United States Government securities, direct and guaranteed:
Bonds
Notes
Total deposits
Deferred availability items.-- Other liabilities8
1,072
1,250
Bills discounted:
For member banks
For nonme m bpr bfl-pks etc
Other deposits
1,977 6,928 18,796
18,044 16,772 11,815
Philadelphia
651,086
318,971
867,481
54,008
985,791
702,430
5,851
1,801
10,927
11,298
2,962
9,171
168,788 144,042 120,066 6,642,557 1,078,155 1,004,370
266,815 119,762 187,721
46,345 76,695 41,762
143
3,852
5,854
419
193 1,097
725,861
93,319
5,888
165,945 141,547 114,670 5,639,629 1,036,524
102
304
2,437
2,013
415
67
4,561
292
543
220,654
306,991
475,283
742
1,460
39,429
575,036 236,128 162,344 278,322
22,601
20,390
38,833
661,703 129,225 133,193 111,014
73,578
74,057
12,391
83
437
9,512
2,329
539
60
1,222
320
1,127
821,729 139,257 136,121 113, 683
90,557 35,044 55,931 51,324
838
840
191
260
469,833 427,488 472,059 9,020,165 1,908,865 1,514,914 1,731,382 1,488,162 431,079 354.587 466,769
10,564 11,592 7,718
19,840 21,751 15,711
1,053
51,806
56,651
7,070
12,880
58,280
87,746
67,301
80,001
26,373
56,414
4,737
11,923 15,917 16,467 8,485
15,171 27,973 26,965 17,010
4,393
3,000 2,500
501,290 460,831 495,488 9,148,572 2,059,628 1,662,216 1,814,169 1,522,649 477,469 398,019 492,264
81.0
53.1
278 40,454
1,168
63.0
93.8
57.2
1,272
460
60.5
38.7
166,928
89.1
6,076
60.9
72.4
400 52,481
2,617
52.3
1,280
BANKING AND MONETARY STATISTICS
334
N0.8S-ASSETS AND LIABILITIES OF EACH FEDERAL RESERVE BANK,
DECEMBER 31,1920,1929, 1933, AND 1941-Continued
[In thousands of dollars]
Richmond
Cleveland
Item
1941
Assets
Gold and scold certificates on hand
and due from United States Treasury
.
. , = . . . 1,627,213
Redemption fund— Federal Reserve
919
notes
23,521
Other cash
1,651,653
Total reserves
Nonreserve ea^h
Iledemptiou fund— Federal Reserve
Bank notes
Bills discounted:
For member banks
For nonmember banks, etc.Total bills discounted
Bills bought:
Payable in dollars.,.. _ . _ „ . „ „
Payable in foreign currencies
Total bills and securities
Gold held abroad
- „ ,.
Due from foreign banks
Federal Reserve notes of other Banks
Uncolleeted items
Bank premises
. .... _ „
All other assets
Total assets -.
„„.„
Liabilities
Federal Reserve notes in actual circulation ^
Federal Reserve Bank note circulation—net
Deposits:
Member bank— reserve account.
United States Treasurer—general account . , -,-.,
Foreign
Other deposits
1929
1920
1941
1933
1929
1!)20
1941
1933
i
285,358 247,766 265,557
790,447
169,520
96,197
79,830
6,493 15,622
8,618 2,228
1,437
14,393
1,886
12,076
3,180
5,830
6,797
363
306,217 262,877 283,407
6,724 5,950
806,277
183,482
105,207
5,904
86,990
7,335
5,216
15,643
1929
—=—
1920
551,394 115,060 136,922 76,897
451 3,157 2,669 10,298
17,035 11,875 13,925 2,027
568,880 130,092 153,518 89,222
5,559 8,299
187
1,239
267
6,876 76,719 201,343
4,507
26
38,936
3
115,474
14
4,182 29,123 132,601
2
221
6,876 76,719 201,343
4,533
38,939
115,474
14
4,184 29,347 132,601
11,589 22,797 27,211
702
597
187
Total bills bought.. „
"
233
Industrial advances
United States 'Government securities, direct and guaranteed:
145,193
Bonds
76,943
Notes
Certificates
""11626
Bills
Total United States Government securities, direct and
guaranteed 1
1933
Atlanta
3,691
235
13,288
48!
5,048
12,186 23,499 27,211 _ . „ _ . _ . _ _
3,926
13,336
5,048
89,615
834
32,161 4,055
47,488
96,287 12,221
10
45,069 7,018 23,799 ..........
39,508 6,185
11,860
35,510
16,621
14.572
3,441
1,443
2,163
2,512
12,262
62,241 11,305
32,983 32,295
15,090
440 13,208
1,173
114
3,377
3
5,391) 16,672
95,664 71,898
9,945 16,789
1,356
•
601
1,233
223,162
213,025 29,479 24,643
1,500
137,737
78,563
9,559
13,495
223,582
232,087 131,197 253,197
270
330
74
1,026 2,443 1,450
39,660 64,409 66,230
6,785 6,268 1,520
385
1,910 1,013
138,502
87,022
61,834
2
8,760
83,669
2,982
2,751
130
1,312
34,275
3,128
2,553
33
5,719
52.566
3,194
680
134,017
162
589,371 475,005 613,648 1,042,943
312,169
431,489
157,541
4
2,087
149,177
4,439
4,613
2,035,555
778,072
290,590 188,198 348,951
22,735
25,091
919,517
72,247
70,240
16,902
4,068 19,15*1
211
40
477
3.571
4,279 19,196
3,571
52,540
1,277
566
235,137
2§3,488
715,182 233,383 250 ,84,'i 275,190
98,670
155,169
278,564 125,175 143,084 173,406
4,523
11,467
451,776
96,255
64,742
57,085
4,562
328
125
23,729
32,829
6,106
338
163
3,685
2,150
258
159
2,899
196
91
1,982
572
1,683
561
96,155 80,361 58,48B 152,961
119
2
117
28
4,110 1,640 2,12!) 1,723
42,290 14,012 24,620 21,412
1,948 2,372 2.65H
541
1.797 3,775 3,845
352
182,299 173.739 150,347
198
412
9,284
1,014
5,121
15,175
322,452 65,442 62,89i» 49,172
28,685
26,722
5,123
112
146
6,382
2,484
211*
ley
3,71«
144
159
Total deposits. ._„
Deferred availability items
Other liabilities3.....,
1,078,906
143,848
173
192,193 177,976 155,362
38,335 62,957 54,553
222 1,101 1,039
514,440
80,625
246
100,441
32,430
65
67,309
49,683
907
60,271
40,202
549
Total liabilities
2,000,999
546,431 430,232 582,640 1,026,800
295,000
216,569
267,658
5,709
5,236
3,244
1,954
5,035
10,979
6,072
12,496
5,269
10,561
4,880 4,450; 5,384i' 4,053
5,725 10,417| 10,85ir! 8,343
713
2,362 2,574j...__,J ...,„_
589,371 475,005 613,648 1,042,943
312,169
?35,137
283,488
715,182 233,383 250,843 275,190
71.1
63.4
40.4
149
25,147
784
Capital Accounts
Capital paid in
.. .
Surplus (section 7)
Surplus (section 13b)
Other capital accounts'
14,640
14,345
1,007
4,564
Total liabilities and capital ac2,035,555
counts
Ratio of total reserves to deposit and
Federal Reserve note liabilities
88.9
combined (per cent ) *
Contingent liabilities on bills purchased for foreign Correspondents
Commitments to make industrial
1,043
*
For footnotes see end of table, p. 336.
12,404 15,632 10,703
28,236 29,141 20,305
2,300
71.8
56.2
377 55,761
1,312
63.4
85.2
857
1,155
382,982 72,082 65,768 53,191
39,912 13,332 23,907 20,360
44
662
232 1,848
701,502 215,942 234, 60S! 262,794
86.0
66.0
73. ft
134 21,321
1,767
39.4
576
FEDERAL RESERVE BANKS
335
N0.86-ASSETS AND LIABILITIES OF EACH FEDERAL RESERVE BANK,
DECEMBER 31,1920,1929,1933, AND 1941-Continued
[In thousands of dollars]
St. Louis
Chicago
Item
1941
1933
1929
1920
Minneapolis
1941
1933
1929
1920
1941
Assets
Gold and gold certificates on hand
and due from United States Treas3,423,782
ury
Redemption fund— Federal Reserve
1,122
notes
38,858
Other cash
874,129 429,628 263,226
632,041
161,949
111,148
76,228
6,841 11,420 33,461
33,316 12,652 14,440
643
17,602
1,304
11,084
5,734
8,581
6,404
6,088
3,463,762
Total reserves
.Nonreserve cash
Redemption fund— Federal Reserve
914,286 453,700 311,127
12,405 2,548
650,286
174,337
125,463
6,531
88,720
3,855
Total assets
Total liabilities
1,612
8,322
3,970
2,731
3,098
250
400,484 106,256 95,197 46,839
2,467
602
4,053 112,650 475,563
18
1,406
9
17,938
114,933
50
1,868 10,169 81,654
4
8
4,053 112,668 475,563
1,415
17,938
114,933
50
1,872 10,177 81,654
13,297 37,420 25,741
« 794
141
4,532
161
9,760
41
1,199
4,693
9,801
1,199
3,044
12,765
9.650
3,807
"~iM23
306
1,879
14,091 37,561 25,741
300
73,695
39,053
521
14,493
41,901
19,612
17,194
305,718
437,343 68,846 44,102
1,500
113,269
93,200
29,266
30
17,176
306,042
455,487 220,575 545,406
393
455
99
4,238 3,429 6,516
54,510 80,605 80,180
7,375 8,295 2,351
742
559
1,549
113,569
99,308
57,035
29
2,510
32,600
3,811
297
133,308
155
2,430
49,586
2,155
2,027
14
1,157
18,732
3,111
413
3,962,603 1,439,779 779,667 951,042
820,054
297,566
322,068
144,307
1,406
6
3,449
180,907
2,971
5,466
784,759 304,538 545,395
28,737
1,153
480
3,080
109
514
6,610
26
1,313
3,189
6,636
1,313
43,272 16,315
22,931 26,292
12,292
306 10,769
5,996
116
5,693
3,123 "M§6
2,061
66,509 65,668 16,873
120
80
8,596
704
34,885
541
310
67,073 70,809 33,806 91,563
89
18
9
(•)"
651
422
658 2,277
26,571 10,641 12,514 20,582
1,338 1,657 2,018
590
542
1,309 1,474
249
228,276
263,101
497,426 192,097 148,839 161,416
94,744
135,785
206,510 92,896 66,856 79,498
7,718
9,487
8,067
38,856
593
623
76,950 25,438 4,490
177,161 12,209
309,753 22,952 39,612
73,479 8,247
198,906
105,406
7,655
178,535 62,013 56,861 43,520
494,813 331,302 249,772
363,642
97,260
79,771
66,903
2,930 12,532
476
768
1,484 1,390
39,646
22,904
12,594
100
141
12,357
1,197
224
303
2,618
188
528
513,673 336,484 264,170
55,689 76,345 55,911
733 2,193 3,817
438,786
47,312
32
109,858
20,476
212
81,495
34,549
1,343
70,237
34,031
850
258,606 66,295 59,398 45,608
22,554 11,128 11,535 17,493
816
84 3,229
721
3,914,192 1,383,591 719,560 908,149
808,198
282.920
212,131
250,390
487,754 181,266 138,6,05 150,975
12,790 20,013 13,913
40,429 40,094 28,980
4,417
4,966
529
1,944
3,944
9,849
5,268
10,877
4,365
8,346
820,054
297,566
85.5
68.6
71.2
43.1
130
21,867
752
2,014,151
180,340
165
Capital Accounts
Capital paid in
Surplus (section 7)
Surplus (section 13b) 3
Other capital accounts
15,613
22,925
1,429
8,444
76
541
18,243
2,969
Total liabilities and capital accounts
3,962,603 1,439,779 779,667 951,042
Ratio of total reserves to deposit and
Federal Reserve note liabilities
38.4
combined (per cent) *
70.4
70.8
92.8
Contingent liabilities on bills pur1,904
chased for foreign correspondents
495 74,895
Commitments to make industrial
1,874
For footnotes see end of table, p. 336.
401
5,418
494
Liabilities
Federal Reserve notes in actual circulation 2
_
1,719,536
Federal Reserve Bank note circulation—net
Deposits:
Member bank — reserve account.. 1,762,132
United States Treasurer—gen156,906
eral account
Foreign
91,617
3,496
Other deposits
Total deposits
Deferred availability items
Other liabilities3...
394,665 96,322 88,496 43,491
18
Total bills discounted
Total bills and securities
Gold held abroad
Due from foreign banks
Federal Reserve notes of other Banks
Uncollected items
Bank prem ises _.,.,
_______________
All other assets
_ __ _ _
1920
1,779
Bills bought:
Payable in dollars
Payable in foreign currencies
Total United States Government securities, direct and
guaranteed 1
Other securities
1929
18
Bills discounted:
For member banks
For nonmember banks, etc
Total bills bought
Industrial advances
United States Government securiities, direct and guaranteed:
Bonds
Notes
Certificates
Bills
1933
1,226
853
——
228,276
263,101
52,460
16,796
10,815
3,003
3,152
1,000
2,517
91
96
4,095
2,876
6,929
2,129
140
268
3,091
7,143
1,555
108
425
3,461
6,980
1,026 .......
497,426 192,097 148,839 161,416
28
66.7
75.4
37.4
88 13,667
86.1
432
BANKING AND MONETARY STATISTICS
336
NO. 86-ASSETS AND LIABILITIES OF EACH FEDERAL RESERVE BANK,
DECEMBER 31,1920,1929,1933, AND 1941-Continued
[In thousands of dollars]
Dallas
Kansas City
Item
Assets
Gold and gold certificates on hand
and due from United States Treasury
„.,
Redemption fund— Federal Reserve
notes
Other cash ....._«,„,
—
Total reserves,,
Nonreserve eash
Redemption fund— Federal Reserve
Bank notes
Bills discounted:
For member banks „
For nonmember banks, etc
Total bills discounted
Bills bought:
Payable in dollars.. _.
.......
Payable in foreign currencies _-
1941
557,610
754
11,759
570,123
Total bills and securities
Gold held abroad
Due from foreign banks
Federal Reserve notes of other Banks
Uncollected items..,.
_
Bank premises. -_
All other assets..,. .„-Total assets
953
953
Total liabilities
Capital Accounts
Capital paid in.., . . _ _ _ _ „ » .
Surplus (section 7)
Surplus (section 13b)_,.3 ........_.==.
Other capital accounts . . . _ _ „ _
Total liabilities and capital aecounts_.....
Ratio of total reserves to deposit and
Federal Reserve note liabilities
combined (per cent) 4 ,„„„
Contingent liabilities on bilk purchased for foreign correspondents _„
Commitments to make industrial
advances -. _ _ . - . _ . - . . .
1929
1920
145,530 128,475 68,751
414,284
77,692
65,344
36,566 1,547,779 243,646 287,654 171,412
3,241
6,172
5,255
2,333
566
13,784
865
6,797
1,459
4,346
156,097 137,891 76,339
2,867 4,721
428,634
85,354
71,149
4,286
1,170
9,397
1,421
29,315 110,341
334
109
1,421
29,649 110,341
109
8,161
34
8,195
2,171
1933
1929
1920
1,293
5, $16 6,459 10,369
26,532 16,925 11,397 1,162
45,453 1,575,604 266,387 305,510 182,943
3,211
7,835 4,215
586
573
310
13,291
826
70,697
665
1,415 38,9,12 167,598
24
5(51
""""244
883
13,291
70,697
9,073
175
2,171
4,566
1941
4,431
4,456
708
916
4,391
175
9,175
34
247
9,248
9,209
247
9,465
5,760
7,115
2,538
3,975
4
8,300
125,770 25,110
2,088
66,650 75,182 10,600
35,189 1,216 11,030
889 30,850j
1,439
39,5:13 167,598
18,037 34,539 46,798
423
"4
124
18,460 34,613 46,798
14,109
36,910
17,275
15,147
8,867
1
263
2,800 12,821
51,197
27,131
362
18,528
25,526
11,948
10,473
96,204
83,441
3,063 21,689
78,690
66,475
24.8781
12,279
193,309 166,331 U.81S 13,118
97,249
89,428 40,907 134,201
158
24
97
247
1,796
1,147
23,767 38,841 50,745
3,485 3,972 1,040
164
290
1,151
79,043
76,606
47,378
1
2,071
47,535
2,880
1,783
1
24
880
27,137
1,876
359
83,223
86
1,367
37,094
1,137
1,509
97
494
15,723
1,750
914
193,433 186,230 85,94:2 227,514
152
4
233
52
3,395 1,530 3,55ft 4,030
66,962 20,419 32,55!) 39,865
2,766 4,090 4,261
253
4,083
879
346 1,339
721,642
275,696 226,462 268,657
548,785
181,646
106,814 89,434 111,578
135,271
42,888
Liabilities
Federal Reserve notes in actual circulation 2. „_„....«,„..„
263,578
Federal Reserve Bank note circulation—net ... . - „- .
Deposits:
Member bank- reserve account. . 344,996
United States Treasurer -gen35,850
eral account
22,141
Foreign.. _ . _ _ _
1,929
Other deposits
Total deposits
Deferred availability ._....._.„.
Other liabilities 3
1933
1929
524
Total bills bought
„_„___.
Industrial advances......
.
United States Government securities, direct and guaranteed:
62,593
Bonds
33,168
Notes
Certificates
443
Bills . . . . . . . .
.......
Total United States Government securities, direct and
guaranteed1
Other securities .„»
1941
1933
1920
San Francisco
14,221
9,615
1,001
38,793
1,639
674
153, 089 1 174,666 1,846,247 480,594 440, 061 J 460,976
I
46,947
79,453
11,344
699,739 213,054 189.37C 272,463
7,101
14 407
8,156
118,731 86,408 74,318
306,697
95,937
63.697
46,995
4,909
192
486
36,989
22,141
1,312
60
121
1,799
1,321
185
63
1,660
104
142
404,916
41,734
44
122,929 88,289 79,905
23,555 34,804 47,631
487 1,708
350
367,139
34,806
72
97,917
16,414
191
65,266
26,871
617
48,901 1,065,148 202,9621187,162 124,243
28,235
53,615 18, 373 ;; 31,924 38,713
844
5
51
668 1,280
710,272
263,263 213,014 255,043
537,288
168,754
139,701
164,534 1,818,507 448,847 409,133 439,855
4,359
3,976
1,263
1,899
3,719
8,043
4,453
8,935
548,785
181,646
4,600
3,613
1,137
2,020
721,642
85.3
67
121
4,010
4,077
7,744
1,555
185
141
4,286
9,162
612
275,696 226,462 268,657
67.9
77.6
110 18,040
1,550
4,455
9,159
39.9
85.3
768
1,130
60.6
110
23
4,099
6,033
.
153,089
63.4
18,040
....
930,408 184,998175,317 114,453
45,967
868" 2,911
58,081
291
404
30,692 16,805 8,530
5,883
184
3,723
11,827 10,637 11,414 6,927
10,792 19,495 19,514 14,194
2,121
3,000 , 1, 615 „.„„ .......
174,666 1,846, 247 '480, 594:440, 061 460,976
35.4
89.3
416
64.0
81.1
2671 39,361
46.1
736
3,063
1 Guaranteed obligations were not issued until late in 1933 and Reserve Banks were first authorized to purchase them in 1934. See footnote 6,
Table 85, p. 332.
2
Includes Federal Reserve notes held by the United States Treasury or by a Federal Reserve Bank other than the issuing Bunk,
s "Other capital accounts" included with "other liabilities" in 1920 and 1929.
4
See comment concerning ratios prior to 1921 in footnote 6, p. 328.
5 Less than $500.
FEDERAL RESERVE BANKS
337
NO. 87-PRINCIPAL ASSETS AND LIABILITIES OF EACH FEDERAL RESERVE
BANK, DECEMBER 31,1914-1941
[In thousands of dollars]
Total
Year
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St.Louia Minneapolis
Kansas
City
Dallas
San
Francisco
Total reserves
267,899
555.431
13,955
29,240
109,014
270.122
20,009
29,658
18,693
32,845
8,801
25,095
5,326
23,192
38,942
41,202
10,695
18,116
10.183
21,123
11.077
20,160
6,696
24,292
14.508
20,386
757,112
1,671,677
2,145,655
1.990,488
2,250,400
40,458
82,140
110,443
146,200
217,275
302,410
631,832
670.517
547,161
616,960
41,367
117,802
133,614
130,859
205,125
44,114
122,776
206,155
180,574
283,407
41,198
60,668
85,195'
75,007
86,990
34,765
70,435
63,663
100,182
89,222
61,563
223.483
422.757
365,717
311,127
28,730
57,035
89,024
90,756
88,720
36,503
68,648
92,987
49,264
46,839
47,391
81.563
81,567
70,273
76,339
42,719
63,755
38,564
55,997
45,453
35.894
91,540
151,169
178,498
182,943
243,286
291,057
314,937
238,245
313,406
76,282
141,697
128,086
176,318
123,425
455,472
561,765
553,390
382,952
335,825
106,641 60,687 74,658
117,279 81,906 93,946
102,331 89,933 98,747
103,563 101,480 113,883
58,982 87,344 98,795
35,964
44,488
58,324
75,210
55,869
282.752
267,516
301,002
278,046
285,819
93,121
77,063
88,160
95,197
68,669
76,772
69,203
76,604
71,149
53,528
264,870
319,685
268,262
305,510
298,747
115,622
625,870 101,816 79,908 105,436 61,975
87,227
851,539 101,113 58,994 93,820 41,741
130,092
914,286 174,337 106,256 156,097 85,354
139,177 1,060,511 206,277 151,469 199,352 115.088
188,224 1,373,125 244,920 145,513 209,022 136,210
272,287
237,418
266.387
330,783
420.166
1914
1915
1916 .
1917
1918
1919
1920
1921
1922.,.
1923
1924,,.
1925
3,010,252
._„ 3,166,438
3,168,934
3,047,054
2,824,371
251,760 1,131,540
220,302
985,839
243,024
895,932
981,470
233,840
956,221
178,703
219,653
249,562
259,781
236,561
221,722
1926--.
1927
1928.
1929
1930.-,
2,947 853
2,867,151
2,708,840
3,010,928
3,081,517
193,238
984 076
893,200
208,914
738,738
189,707
283,984
800,242
211,365 1,047,001
185,323
149,960
185,584
216,192
247,426
1931
1932..
1933 .
13..
94.
1935..
3,157,662
3,331,200
3.793,610
5,400,984
7,835,361
881,477
230,799
227,945 1,068,473
254,025
988,506
394,982 1,894,939
552,536 3,377,145
242,941
205,377
228,571
309,305
405,476
1936. .
1937
1938..
1939
1940
9,121,155
575,952
9,481,015
539,154
12,165,806
696,759
15,524,217
895,268
20,035,582 1,164,001
1941,,-
20,764,361
71,557
111,081
123,447
125,486
108,260
275,047 117,955 178,627
278,453 73,172 179,275
250,525 90,098 127,709
262,877 105,207 153,516
. 286,567 120,124 159,425
338,076
260,071
306,217
398,726
536,128
101,455
97,482
183,482
200,395
246,886
3,505,237
520,960
686,072 319,670
3,666,028
502,331
700,416 320,965
5,221,095
576,918
808,443 379,784
7,298,769
873,603 1,050,066 426,761
9,809,823 1,066,384 1,352,036 573,208
266,596
249,282
291,376
318,237
404,319
390,017 80,078
428,017 86,350
475,675 93,348
453,700 125,463
375,462 113,632
1,695,557
1,804,394
2,252,400
2,496,192
2,937,028
273,416
299,352
337,307
432,453
511,228
184,211
195,865
249,844
268,053
318,004
108,729
103,859
124,430
137,891
99,571
268,039
291,812
319,624
366,748
436,407
177,255
648.190
196,217
715.199
225,089
807.167
257,819
840,248
294,678 1,168,466
1,192,039 8,212,096 1,244,523 1,651,653 806,277 568,880 3,463,762 650,286 400,484 570,123 428,634 1,575,604
Bills discounted
1914
1915
1,079
8,074
2,617
3,981
752
467
515
1,985
13,070 35,054
36,672 57,454
73,857 93,380
81,654 110,341
831
8,740
45,525
58,316
70,697
251
25,780
78,759
73.897
167,598
63,053
30,082
57,282
10,424
23,227
51,212
21,916
18,657
4,668
3,678
69,979
26,544
41,867
5,252
15,891
50,597
14,422
8,872
2,941
4,280
67,093
37,304
53.114
16,198
25,030
97,831
52,670
146,519
112,668
22,804
81,129
19,417
35,539
17,938
11,301
4,038
1,905
4,495
10,177
3.576
6,612
9,634
31.143
29,649
15,042
4,772
878
11,161
13,291
4,342
34,200
5.220
37,788
39,513
15,483
34,902
14,949
4,184
57
38
74,496
14,969
4,053
2
41
16,886
6,338
1,415
3
18
7,571
9,604
1,872
42
27,726
11,512
1,421
126
619
10,416
5,202
883
12
12
30,742
23,069
1,439
132
25
31
960
186
210
38
35
229
129
643
157
40
23
45
201
28
10
175
134
266
216
22
1,086
641
931
,,715
12
43
24
150
40
21
158
97
396
69
14
18
50
953
109
279
236
786
168
1916
1917
1918.
1919
1920
28,552
660,311
1.765,580
2,215,305
2,687,393
3,746
65,882
133,575
188,039
173,368
7,071
250,309
697,342
790,803
871,438
1,563
35,912
178,820
209,855
172,383
1921
1922
1923
1924
1925
1,144,346
617.780
723,068
320,128
642,993
59,171
61,584
67,701
28,994
53,691
209,080
184,289
164,535
83,068
235,050
88,552
49,610
58,924
36,866
53,982
114,594
38,541
49,018
42,775
66,963
94,668
53,285
52,022
33,890
44,416
90,827
26,332
55.742
16,334
27,748
185V520
73,871
95,334
38,718
89,037
1926
1927
1928
1929
1930
636,628
581,503
1,056,466
632,421
251,398
66,103
28,598
69,244
26,644
13,238
184,475
281,338
463,980
171,759
61,898
67,841
' 67,371
84,314
65,777
25,663
79,442
60,845
92,702
76,719
37,216
23,509
25,424
38,561
38,939
22,766
36,676
28,203
41,020
29,347
18,069
1931.
1932
1933
1934
1935 -
638,293
234,932
97,590
7,062
4,672
43,205
11,813
4,860
1,055
368
149,951
53,601
40,691
4,228
3,030
116,412
47,600
25,363
993
378
92,609
20,076
6,876
315
43
33,377
16,209
4,533
139
58
1936
1937..
1938
1939
1940
2,913
9,866
3,971
6,765
2,915
1,092
651
41
30
100
1,146
3,120
1.045
2,348
736
313
2,153
1,177
663
465
28
673
245
655
300
163
595
207
272
51
1941,.-
2,955
260
690
674
187
2,022
7,501
420
1,244
927
4,887
154
236
506
528
288
1,220
79
3,758
9,909
32,300
2,964
2,880
1,007
42,896 29,565 14,524
127,334 86,242 84,036
164,517 105,002 93,052
201,343 115,474 132,601
1,301
4,438
105,119 33,460
169,118 70.703
286,908 77,679
475,563 114,933
338
BANKING AND MONETARY STATISTICS
NO. 87-PRINCIPAL ASSETS AND LIABILITIES OF EACH FEDERAL RESERVE
BANK, DECEMBER 31,1914-1941-Continued
[In thousands of dollars]
Year
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis Minneapolis
Kansas
City
Dallas
Ban
Francisco
United States Government securities
i;
1914
1915
205
15,856
986
55,414
12U563
238,669
300,104
.287,029
2,332
2,804
8,521
22,344
22,063
1921
1922
1923
1924
1925
233,528
436,155
133,566
540,160
374,568
11.306
29,593
9,862
36,660
12,735
1926
1927,
1928
1929
1930
314,820
616,516
228,064
510,587
729,467
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
205
4,231
970
1,329
2,534
3,888
6,620
16,045
16,789
10,375
10,385
20,122
44,265
44,102
3,OS4
3,677
7,721
18,391
17,176
3,142
3,229
5,267
8,595
8,506
18,880
2.372
384
3,785
19,764
26,644
62,833
10,757
80,370
52,802
7,933
19,531
7,417 ! 1,890
12,452 13,585
3,427
7,255
9,559
9,945
13,907
7,877
2,357
2,248
24,662
130,299
69,028
61,184
2,825
9,650
11.429
32,072
31,895
7,979
39,539
12,835
24,427
24,643
3,262
3,205
6,018
13,495
13,495
103,525
167,252
46,756
169,898
57,199
12,362
29,190
12,952
29,889
24,063
13,682
25,739
11,195
60,050
36,409
4,993
1,291
1,341
4,611
8,944
10,164
33,358
8,173
25,850
49,925
58,864
181,480
49,377
239,206
283,332
20,230
45,664
21,447
41,806
54,204
36,155
61,510
32,962
29,479
62,925
816,960
1,855,142
2.437.490
2,430,256
2,430,731
61,002
96,668
157,671
157,671
157,671
309,356
733,354
836,755
777,818
7,41,883
68,652
139,269
167,120
167.120
177,120
73,251 19,081
181,682 47,132
213,025 78,563
213,025 103,563
218,025 116,716
2,430,227
2,564,015
2,564,015
2,484,270
2,184,100
174,190
186,794
192,971
180.381
156,781
645,243
739,704
815,422
771,537
645,355
208,990
216,853
222,761
212,695
183,007
245,769
249,591
257,820
259,222
218,731
2,254,475
1916
1917
1918
1919
1920
1,994
174,035
592,196
177,982
223,162 137,737
..
„
. .
1941
1
13,938
47,404
71,898
94,277
94,209
125 510 99,183
134,396 112,238
120,321 104.522
128,854 100,392
115 900 83,784
95,664
2,119
870
1,000
9,456 i 5,033
10,633 1 5,920 {
13,262
8,380
23,935 13,031
21,689 12,270
3,134
3,955
8, 185
14,476
13,118
15,088
24,34?
4,565
13,071
10,036
25,788
19,078
14,254
39,189
14.418
33,381
37,460
4,530
11,308
6,680
25,497
31,829
10,854
34,766
9,185
55,143
49,938
48,758
89,998
35,850
68,846
89,603
21,072
38, 163
21,043
29,266
26,383
17,039
23,000
10,907
16,873
27,302
29,225
38,342
10,513
3,063
31,611
23,339
31,989
10,008
24,878
31,316
40,667
46,075
17,102
11,816
51,082
105,531'
262,210
437,343
428,343
355,689
27,090
66,156
93,200
93,200
108 200
27,668 18,708
54.850 57,252
65,668 83,441
65,589 91,844
75,568 107,344
29,864
45,721
66,475
71,475
78,075
62,810
123,444
166,331
166,331
199,331
125,855 100,637
125,283 99,731
113,248 94.258
112 204 90,045
107,043 84,922
214,396
221,962
202,697
204,131
182,615
283,933 115 809
281,991 112,483
276,389 106,701
273,146 84,222
249,339 94,376
90,707
83,009
56,815
67,441
62,247
305,718 113,269
66,509
96,204
78,690
193,309
247
13,131
332
10,435
410
14,689
323
5,212
18,109 21,718
49,414 55,372
96,570 112,445
87,187 104,089
79,498 111,578
23,656
46,787
59,23S
74,930
79,453
13,098
67,745
212,244
242,462
272,463
35,470
240,411
37,761 1 235,041
52,802
229,082
55,641
215,030
47,437
208,126
Federal Reserve notes
142
10,729
10,608
188,817
99
0,298
4,519
73.301
732
8,780
1916
1917
1918. . .
1919
1920,.. ...
274,795
1,246,761
2,658,952
3,008,878
3,336,281
12.887
73,199
160,726
244,092
288.780
03,427
397,354
729,825
807,616
867,481
16,899
92,977
229,112
237,051
278,322
10,243 19,095 24,678
101,883 56,564 64,914
251.783 137,478 120,672
264,738 145,765 155,511
348,951 155,169 173,406
4,526 16,459
180,629 59,923
428,821 120,038
500,139 145,298
545,395 135,785
1921
r.
1922
„„
1023.,.. . .
1924
1925., .
2,409,392
2.395,789
2,246,673
1,862,062
1,838,164
202,535
20J.314
220,115
207,389
174,559
663,363
597,071
420,371
387,353
393,037
200,724
214,067
221,038
168.737
155,933
214,775 107,101 121,471
242,565 101,147 124.036
243,323 104,158 140,804
198,515 87,579 142,879
232,615 93,112 168,966
402,463
420,506
406,901
196,529
180,118
95,246
93,659
75,872
57,813
40,305
56,789
58,735
64.952
71,761
70,161
1926.,
1927.
1928
1920..
1930
1,850,827
1,789,867
1,838,194
1,909,723
1,663,538
154,363
149,631
161,292
206,558
132,035
416,874
390,343
354.183
318.971
384.976
134,067
137,552
142,949
162,344
153,727
219,961 84,320
216,595 77,405
216,890 86,339
188.198 98,670
194,948 100,515
165,827
144,097
134,966
143,084
133,854
249,693
265,293
323,590
304,538
139,162
48,396
56,666
64,463
94,744
84,599
68,891 72,523
61,224 67,189
65,274 i 70,663
66,856 89,434
53,558 68,424
2,624,471
2,738,608
3,079,543
3,221,107
i 3,709,074
194,460
195,960
234.305
270.943
316,739
574,186
587,566
651,086
680,935
807.718
269,372
238,125
236,128
240,444
271,870
320,335
285,386
290,590
306,626
352,515
109,347
101,501
157,541
167,825
181,523
120,626
97,139
125,175
132,968
156,385
519,471
692,150
784,759
788,933
851,080
4,283,537
4,283,611
4,451,824
4,958,546
5,930,997
361,758
921.697
964.902
285,413
384,130 1,029,296
408,195 1,269,922
479,728 1,576,404
312,078
318,035
320,562
348,938
410,704
418,454
433,328
427,4*67
463,123
540,941
208,787
209,905
208,287
229,550
283,520
963,398 183,580 36,096 162,081
189,101
993,362 182,088 37,570 167,924
162,016
996,721 183,131 136,857 171,390
151,398
162,941 1,085,378 193,549 141,427 183,908
195,853 1,262,396 221,148 :,709 211,215
8,192,169
671,656 2,110,650
575,036
778,072 431,489
1914
1915
1931
1932
1933
1934.
1935
1936
1937
1938.
1939
1940
1941
.
...
.
780
14,772
434
17,672
1,951
2,665
639
8,133
69,044
69,887
67,165
72,836
73,795
86,941 69,130 82,711
103,930 80,967 90,490
144,307 92,896 106,814
142,880 106,686 117,654
163,304 110,562 141,690
278,564 1,719,536 322,068 I
48,803
47,472
48,585 ;
46,947
31,901
187,109
176,400
169,000
189,379
185,839
46,813
38,783
42,l?§§
53,845
76,064
231,079
226,611
213,054
811,368
279,624
91,863
£34,644
86,374 \ 842,694
81,375 i £61,210
£88.040
83,575
97,865 I 492,514
,510 263,578 135,271
!
€99,739
FEDERAL RESERVE BANKS
339
NO. 87-PRINCIPAL ASSETS AND LIABILITIES OF EACH FEDERAL RESERVE
BANK, DECEMBER 31,1914-1941-Continued
[In thousands of dollars]
Year
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis Minne- Kansas
apolis
City
Dallas
San
Francisco
Total deposits
1914>
1915 1
301,047
452,466
14,606
30,152
127,988
200,094
19,453
28,631
17,349
25,713
9,207
17,974
6,205
14,490
44,193
56,840
12,050
16,102
10,490
13,891
13,392
15,426
12,353
15,183
13,761
17,970
I9161
1917
1918
1919
1920
878,531
1,582,735
1,808,121
2,022,200
1,861,498
59,948
85,470
112,716
124,260
120,066
274,679
683,370
817,125
807,195
725,861
66,331
90,646
105,582
125,089
113,683
75,585
140,428
124,383
137,218
155,362
45,000
47,687
57,069
69,167
60,271
31,509
41,701
49,277
63,874
53,191
111,958
177.354
239,346
268,304
264,170
45,887
52,338
60,293
78,582
70,237
34,774
48,134
54,400
56,603
45,608
54,806
82,109
73,459
95,920
79,905
33,580
51,625
35,340
68,314
48.901
44,474
81,873
79,131
127,674
124,243
1921
1922
1923
1924
1925
1,876,082
1,973,532
1,959,579
2,310,668
2,257,388
120,214
127,856
126,110
144,042
143,506
773,165
760,963
734,826
928,960
861,714
107,702
119,917
121,903
132,635
141,739
137,991
146,737
156,575
168,345
175,153
61,021
62,960
67,583
69,090
70,328
54,516
53,744
57,571
66,778
79,597
249,214
286,854
272,009
320,183
308,982
69,264
76,936
73,608
83,650
84,052
46,965
51,026
49,817
58,025
54,968
78,808
87,351
77,810
95,597
96,459
48,013
55,639
61,335
67,717
67,363
129,209
143,549
160,432
175,646
173,527
1926
1927
1928
1929
1930
2,275,979
2,530,640
2,439,686
2,413,675
2,517,133
151,235
871,302
160,318 1,024,250
147,848
988,777
144,042 1,004,370
152,255 1,077,847
143,030
145,776
135,188
136,121
144,604
183,723
185,507
185,498
177,976
191,889
71,280
75,195
66,583
67,309
61,673
71,413
75,135
65,742
65,763
62,911
319,046
349,941
347,172
336,484
365,152
84,655
91,542
85,555
81,495
71,351
53,566
57,123
57,9J1
59,398
49,998
89,866
97,869
92,199
88,289
89,529
65,201
72,010
72,448
65,266
58,498
171,662
195,974
194,765
187,162
191,426
165,102 52,570 51,354
152,951 55,078 51,750
192,193 100,441 72,082
285,106 135,135 95,105
380,034 182,455 121,356
298,334 65,840 49,912 79,028 52,872
416,028 64,355 39,037 69,524 48,148
513,673 109,858 66,295 122,929 97,917
670,969 151,150 106,721 169,336 125,393
848,370 183,761 107,138 172,746 131,663
154,475
145,854
202,962
271,218
327,631
2,124,874
„ 2,560,885
2,864,550
4,405,350
„ . 6,385,809
.
157,829
121,718
168,788
265,599
378,701
862,068
1,271,867
1,078,155
1,909,752
3,254,054
135,490
124,575
139,257
219,866
297,900
1936
1937
1938
1939
1940
7,108,919
7,576,692
10,087,998
12,940,781
16,126,567
373,372
426,166
492,229
658,262
825,617
3,183,684
3,361,083
4,932,483
6,760,862
8,814,760
500,110
398,896
501,702
385,409
458,830
619,753
719,877
839,402
819,863 1,014,140
1941
14,678,058
688,698 6,642,557
1931,
1932..
19331934
1935
232,428
242,513
290,692
328,574
404,335
171,148
195,881
240,967
255,318
292,150
984,855
1,062,028
1,502,037
1,654,213
1,893,953
200,896
224,785
255,974
321,949
381,180
133,823
137,568
165,228
194,691
219,758
229,976
248,312
259,942
296,539
332,188
179,067
202,282
230,366
259,395
276,895
520,664
588,963
639,497
651,699
851,728
821,729 1,078,906 514,440 382,982 2,014,151 438,786 258,606 404,916 367,139 1,065,148
Member bank reserve balances
19142
19152
264,678
401,175
14,211
27,888
110,115
179,433
19,322
25,424
16,808
25,121
7,931
11.038
5,680
8,760
39,408
54,110
11,980
13,077
9,931
13,865
8,885
14,930
6,881
10,019
13,526
17.510
2
1916
1917
1918
1919
1920
721,619
,447,370
,635,665
,890,099
,780,679
56,757
82,842
101,806
117,294
114,670
237,907
652,792
705,062
755,951
702,430
61,533
84,574
99,720
110,541
111,014
54,586
109,725
123,424
129,415
150,347
25,451
45,357
54,162
62,712
57,085
21,813
36,850
46,222
58,388
49,172
95,357
169, 174
230,605
257,979
249,772
30,894
45,797
52,831
72,283
66,903
29,535
39,348
48,826
53,828
43,520
44,191
72,976
67,318
90,406
74,318
25,743
44,155
32,453
63,372
46,995
37,852
63,780
73,236
117,930
114,453
1921
1922.
1923.
1924
1925
,753,217
,933,888
,898,315
2,220,436
2,212,098
110,760
126,342
123,637
.140,102
141,802
726,098
749,006
712,858
883,861
847,249
104,706
119,075
119,129
129,677
139,272
130,933
144,487
151,670
163,019
171,928
56,128
61,527
65,582
66,295
68,037
42,967
52,398
54,697
62,897
78,276
237,012
282,901
268,212
312,395
306,521
64,613
73,798
70,100
80,511
81,447
43,524
49,310
46,904
55,967
53,071
71,996
82, 782
74,923
92,692
93,382
43,372
54,461
58,115
65,828
66,203
121,108
137,801
152,488
167,192
164,910
19261927
1928
1929,
1930
2,194,094
2,486,777
2,388,964
2,355,263
2,470,583
147,016
835,960
158,024 1,009,923
146,177
970,895
141,547
985,791
150,936 1,062,276
139,247
143,833
133,515
133,193
142,539
178,472
182,380
182,774
173,739
186,377
68,973
73,715
64,705
64,742
60,820
66,742
73,243
63,385
62,895
61,014
311,664
345,676
343,099
331,302
360,832
82,116
89,862
83,560
79,771
69,521
50,946
54,836
56,067
56,861
48,447
86,728
95,046
89,991
86,408
87,705
62,898
70,970
71,017
63,697
57,533
163,332
189,269
183.779
176,317
182.583
1931
1932
1933.
1934
1936
1,961,410
2,509,490
2,729,442
4,095,946
5,587,208
149,287
119,420
165,945
251,604
. 326,489
795,015
1,256,951
1,036,524
1,749,711
2,747,431
123,939
121,686
129,225
211,578
274,326
147,646 47,256 46,368
146,559 51,951 49,760
182,299 96,255 65,442
274,278 124,826 84,804
334,461 165,767 112,539
45,827 75,229 48,811
37,760 68,490 46,779
62,013 118,731 95,937
97,422 162,475 121,135
96,228 168,793 123,816
138,600
138,747
184,998
255,378
287,367
1936
1937
1938
1939
1940
6,606,430
7,026,809
8,724,050
11,653,232
14,025,633
353,497
402,354
392,294
544,545
756,465
2,942,652
3,071,762
4,460,340
6,319,837
7,556,979
381,210
365,046
374,231
598,597
703,580
451,331
470,054
477,880
680,194
920,969
168,143
190,570
183,468
216,794
240,275
478,688
549,037
564,765
583,593
754,096
1941
12,450,333
.568,846 5,639,629
661,703
919,517 451,776 322,452 1,762,132 363,642 178,535 344,996 306,697
930,408
1
2
215,791
220,566
231,576
282,998
354, 132
158,750
181,212
188,709
211,821
246,999
283,976 59,456
409,360 62,027
494,813 97,260
633,316 129,419
790,266 159,725
935,159
1,011,438
1,299,880
1,528,702
1,711,100
182,277
204,984
209,543
270,676
326,872
120,530
126,011
113,565.
154,788
174,476
218,402
233,775
227,796
260,687
279,690
Includes deferred availability accounts, which are excluded from total deposits beginning with 1917.
Figures not comparable with later years; they include some deferred availability items due to member banks, which were not regularly
segregated in Federal Reserve Bank balance sheets until 1917 but which nevertheless were not a part of the required "legal" or collected reserve
balances of member banks. See also introductory text, p. 327."
BANKING AND MONETARY STATISTICS
340
N0.88--BILLS DISCOUNTED, BY CLASS OF PAPER-HOLDINGS BY FEDERAL RESERVE BANKS, JUNE AND
DECEMBER, 1917-19S7, AND BY EACH FEDERAL RESERVE BANK, DECEMBER, ItZI, 1921, AND 1913
{End of month figures except for 1917-1920 which are for last Friday of month. In thousands of dollars]
Rediacounted bills
Member bank collateral notes
Secured by
Secured by
Secured by
Secured by
Otherwise
collateral
U. S. Governsecured
other
U. S. GovernYear and month or Federal Reserve Bank
Total
not eligible
and
ment obligament obligaeligible
for discount
unsecured
collateral
tions
tions
or purchase
197,242
1917—June
. _ _ _ _ _ _ . . _ _ . . ...
81,229
25,674
90,339
December. „.._._...
„..„„_
680,706
132,774
309,534
87,751
150,647
1918—June
„.-.
869,175
114,072
310,284
388,486
56,333
December
_...___,_.._ 1,702,938
280,952
363,023
1,037,348
21,615
1919—June
..
1,818,040
230,574
13,983
232,818
1,340,665
December
__
_..
2,194,878
352,598
676,259
1,157,766
8,255
2,431,794
1920—-June
315,835
1,150,891
962,145
2,923
December
.......
. . __
2,719,134
271,526
1,560,191
869,510
17,907
1,751,350
1921—June
113,803
1,098,534
523,787
15,226
1,144,346
December-.»._.,_. . _ . _ _ _ . _ ._...-.
17,752
41,511
443,722
641,361
461,418
3,983
281,587
163,258
1922— June....... „ _ . _ _ _ _ _ _ _ _ _ _ _ _ . _ _ _ _
12,590
December. .........._....,..._._„-_
617,780
275,955
328,172
10,035
3,618
1923—June .... _ „ , _ . _ . _ „ _ . _ „ _ , . . _ ,
836,949
7,393
4,181
422,200
403,175
December
„..
_._._..._._..
6,292
723,068
3,919
363,091
349,766
333,954
113,944
1924— June _.
.„
...
,636
213,885
4,489
320,128
185,564
December
„...____._._._._.
21,849
,276
111,439
490,968
1925— June .
.......
. ..
51,750
193,897
244,226
,095
642,993
December. « , . . . _ „ » . . . _ . . , . _ _ „ _ . ...
72,374
,872
188,468
380,279
520,533
1926—June
. .
251,513
62,556
,416
205,048
636,628
December . „ _ . _ _ _ . _ . „ _ . , _ , _ . . , . . _
364,169
97,575
1,111
173,773
1927— June
443,450
242,758
52,336 — — "——
2,608
145,748
December
...„._,.._....._...__
581,503
74,389
163
89,385
417,566
1928=-June
1,095,423
128,538
2,287
217,021
747,577
December
1,056,466
65S.242
180,573
974
216,677
1929— June
1,037,149
168,700
293,843
573,705
901
105,607
December
..„„......„._......_
632,421
755
173,286
352,773
1930—June
271,828
120,387
42,968
334
108,139
December . .._._._.....
....
251,398
99,662
88,990
62,299
447
1931— June
149,161
45,790
18, §93
1,602
82,876
December _
638,293
214,904
317,535
102,263
'3,591
97,872
439,990
154,639
1932—June 19,219
2,112
166,148
234,932
December . ._..„.....
67,956
13,974
60,000
1,000
91,301
163,684
1933—June
50,493
53,980
33,248
24,439
570
December. _ _ ,„..„_...„..._.„..
97,590
31,246
18,824
19,887
26,891
338
24,567
1934—June
8,963
6,570
4,739
10
3,906
1,214
7,062
3,470
December „ „ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
1,647
657
2,578
1935—June
838
1,475
5,769
3
846
4,672
December,,., . _ _ _ _ _ _ _ _ _ _ „ _ _ _ _ ,
803
1,594
731
1,538
4,082
1,860
1936—June
443
1,296
473
December
2,913
2, 185
37
374
316
1937— June
9,929
7,040
877
660
1,351
670
9,866
6,476
883
December... , _ _ _ _ _ _ _ _ _ . . _ . _ _
1,826
5
December 30, 1920
Federal Reserve Bank of—
Boston..
54,745
178,543
23,996
99,802
New York
322,264
904,239
123,662
458,313
50
76,080
173,563
Philadelphia
,
39,597
57,836
242
Cleveland
8,094
103,667
87,330
199,333
37,874
• 935
Richmond
..,„.. . „.„.. ....
5,414
68,663
112,886
Atlanta
294
13,714
71,883
48,258
134,149
4,704
117,625
475,869
Chicago
24,998
328,542
45
St. Louis
37,190
114,218
7,517
69,466
Minneapolis
8,272
12,297
81,669
5,709
55,391
749
Kansas City
. „.
22,204
111,094
7,808
80,333
764
Dallas
53,084
12,008
68,885
3,029
1,852
San Francisco
„. ..
113,211
41,635
164,686
7,988
Total... . . _ . „ „ _ . . _ „ . _ „
Boston....
_.„._.._ ..._._..,._.
New York
Philadelphia
Cleveland
Richmond
...
«... .
Atlanta
Chicago
St. Louis
Minneapolis
Kansas Citv
Dallas
San Francisco
„
„ .
2,719,134
271,526
26,644
171,759
65,777
76,719
38,939
29,347
112,668
17,938
10,177
29,649
13,291
39,513
1
251
74
107
20
109
13
177
3
632,421
755
Boston
New York
. .
Philadelphia
Cleveland
Richmond .... _ _ _ _ _ „
,
Atlanta
Chicago
St. Louis
*
Minneapolis
Kansas City
.. _ _ „ „ _ _ _ _ „ ...
Dallas
San Francisco
4,860
40,691
25,363
6,876
4,533
4,184
4,053
1,415
1,872
1,421
S83
1,439
20
Total
„...„_.._.____„....
i Less than $600.
97,590
Total................
31
261
13
11
2
338
869,510
1,560,191
December 31, 1929
13,354
13,289
127,012
15,529
34,511
21,205
45,312
22,047
11,214
15,151
21,357
2,573
75,101
31,120
12,446
2,908
6,537
3,539
14,765
12,819
3,264
4,423
11,628
4,955
352,773
173,286
December 31, 1933
2,695
740
14,512
2,429
5,255
6,239
1,747
2,540
417
2,919
216
1,029
909
1,168
788
(>)
50
1,149
39
745
164
651
99
278
19,887
26,891
Discounts for
individuals,
partnership*),
and
corporations
701
954
404
379
74
29
6
10
1
1
17,907
29,218
10,061
9,109
12,500
5,310
6,427
2,475
88
1,888
5,601
22,930
105,607 _..„___....._..
1,405
11,731
12,031
672
584
1,677
312
485
624
632
63
1,030
11,677
1,807
1,656
574
1,248
1,662
133
49
5
5
8
342
31,246
18,824
404
26
3
9
24
FEDERAL RESERVE BANKS
341
NO. 89-BILLS BOUGHT, BY CLASS OF PAPER AND BY METHOD OF PURCHASE-HOLDINGS BY FEDERAL RESERVE BANKS,
JUNE AND DECEMBER, 1921-1937, AND BY EACH FEDERAL RESERVE BANK, DECEMBER, 1921 AND 1929
Total
bills
bought
Total
1921— June
December
40,223
145,263
40,223
145,263
[End of month figures. In thousands of dollars]
Class of paper
Method of
Bills payable in dollars
Bankers' acceptances based onBills payGoods stored in
Bills
Trade able in
Imports Exports
or shipped beOther accept foreign
Dollar
bought
from
into
tween points in— transexcurrencies outright
Total
United
United
ances
States change CJnited Foreign actions
States
States countries
93
3,168 8,492
2$ ,470
40,130
218
11,164 33,962
99 ,919
145,045
1922 — June
December
161,112
272,122
161,112
272,122
160,332
270,944
708T992
1923— June
December
205,600
354,637
205,600
354,637
205,065
351,974
113,906
120,957
46,21l' 7,833 37,115
119,911 20,452 90,445
209
535
2,663
1924—June
December
36,524
387,100
36,524
385,833
36,499
385,606
15,051
136,839
13,683
147,781
925 6,790
5,615 94,556
50
815
25
227
1,267
1925— June,. _ _ _ „
December
253,507
374,356
252,820
373,442
251,970
372,225
119,641
153,812
87,230
147,379
1,516 41,990
6,112 63,846
1,593
1,076
850
1,217
687
914
1926— June
December.. „
249,394
380,986
247,751
378,797
247,345
377,539
104,952
131,907
59,534
120,335
3,026 34,417
8,434 77,698
44,060
37,714
1,356
1,451
406
1,258
1,643
2,189
1927—June
December . .
210,585
392,039
198,096
391,202
197,852
390,500
75,982
84,624
49,044
118,210
5,744 32,494
6,195 95,795
32,336
81,242
2,252
4,434
244
702
12,489
837
180,593
310,415
29,092
81,624
216,865
489,070
216,607
488,053
216,248
487,516
63,062
108,432
55,988
131,386
2,800 37,2358,707 90,664
53,230
143,123
3,933
5,204
359
537
258
1,017
193,780
439,004
23,085
50,066
1929— June
December
81,592
392,209
80,549
390,582
80,253
390,582
22,176 2,446 14,633
77,068 15,562 94,222
15,151
146,881
542
1,343
296
55,, 506
1,043
1,627
72,683
236,974
8,909
155,235
1930—June.
December
127,838
363,844
126,774
327,861
126,771
327,861
27,446
38,672
19,209 2,153 30,451
58,071 12,341 81,121
46,777
131,502
735
6,154
3
1,064
35,983
103,883
324,746
23,955
39,098
1931 — June.
..
December
105,502
338,687
94,951
305,258
94,951
305,258
15,465
43,047
15,815 5,236 16,792
55,248 13,675 84,008
39,220
103,582
2,423
5,698
10,551
33,429
95,259
248,695
10,243
89,992
1932— June
December
66,594
33,123
35,832
3,634
35,618
3,634
4,074
6,048
478
681 19,122
2,227
5,401
696
292
50
30,762
29,489
52,439
33,123
14,155
183
1933— June
December
48,015
133,425
40,926
127,392
40,926
127,392
7,536
22,317
5,893
22,269
320 10,989
820 38,660
9,073
39,104
7,115
4,222
7,089
6,033
8,178
114,141
39,837
19,284
1934—June.. . .
December
5,269
5,613
194
112
194
112
1
5,075
5,501
. 5,269
5,613
1935— June
December
4 689
4 656
4,689
4,656
4,689
4,656
1936 — June
December
3,077
3 089
3,077
3,089
3,077
3,089
3,083
540
3,801
540
76
312
99
702
48
40
141
41
26
34
34
74
3,846
75,770
8,540
23,499
13,336
19,196
32,530
9,801
6,636
8,195
8,861
26,764
Year and month or Federal
Reserve Bank
1928—June
__..
December
1937—June
December
purchase
Bills
bought
under
repurchase
agreetaent
124 ,142
.
_
3,801
540
718
718
A,
25.305
,
86,929
4,535 31,655
9,743 65,280
50
780
1,178
111
214
144
47
671
December 31, 1921
Federal Reserve Bank of :
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City ...
Dallas
San Franciseo.
13,149
72,593
15,895
5,378
3,558
3,686
8,489
218
13,149
72,593
15,895
5,378
3,558
3,686
8,489
218
13,149
72,518
15,895
5,378
3,558
3,686
8,489
218
1,337
165
20,795
1,337
165
20,795
1,337
165
20,652
15,857
Total
145,263
145,263
145,045
99,919
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St Louis
Minneapolis
Kansas City
Dallas
San Francisco
29,878
191,745
8,540
23,499
13,336
19,196
37,561
9,801
6,636
8,195
9,209
34,613
29,802
191,433
8,441
22,797
13,288
19,156
37,420
9,760
6,610
8,161
9,175
34,539
29,802
191,433
8,441
22,797
13,288
19,156
37,420
9,760
6,610
8,161
9,175
34,539
6,812
51,865
10,899
4,353
1,244
1,653
6,647
20
1,552 4,785
6,777 13,876
1,393 3,603
942
83
2,314
2,033
475 1,367
198
569
7,477
22,411
606
5,571
1,524
2,242
4,691
1,558
1,235
2,180
1,842
4,169
4,751
35,491
1,072
3,571
2,015
6,495
6,918
2,394
1,653
1,544
2,971
8,193
884
75
768
165
3,911
11,164 33,962
December 31, 1929
7,483'
945 9,061
89,568'
8,381 35,496
2,267'
350 4,134
8,652
785 4,013
1,103 3,717
4,829
2,752
521 6,593
11,464
1,396 12,951
3,916
135 1,757
1,282
690 1,744
3,008
125 1,304
2,683
410 1,215
8,977
721 12,237
143
218
85
86
12
205
100
553
6
54
242
.
26,032
115,975
5,031
34S
7,849
1,627 236,974 155,235
77,068 15,562 94,222 146,881 1,343
55,506
Total.
392,209 390,582 390,582
'Includes transactions involving shipments of goods to the United States and another country or from the United States and another country.
342
BANKING AND MONETARY STATISTICS
NO. 90-MATURITY DISTRIBUTION OF BILLS HELD BY FEDERAL RESERVE BANKS, JUNE AND DECEMBER, 1914-1941
(In millions of dollars]
Bills bought
Bills discounted
Date
Within
15 days
Total
16 to 30
days
61 to 90 <)1 days to } months
days
6 months to 1 year
31 to 60
days
Within
15 days
Total
16 to 30
days
61 to 90 Oldayflto
daya
6 months
31 to 60
days
22
1914— Dec. 3l__
10
>5
4
191*5~June30__.
Deo. 30—
26
32
«5
no
B
4
5
5
4
9
23
n
»6
*S
8
14
9
1916—June 30
Dee. 29....
21
30
no
9
54
•12
8
9
5
5
3
2
5
1
71
127
«8
<20
»12 1
*30 :
23
43
27
35
1917— June 29. _ _„
Deo. 28- „
197
681
141
355
15
57
22
175
14
84
5
9
202
275
37
40
38
61 ;
69
105
68 '
69
1918— June 28....
Dec. 27
869
1,703
509
1,150
71
266
172
167
74
93
43
27
217
304
40
104
66
74
84
105
27
20
1919=- June 27 _.„.
Dec. 26....,
1,818
2,195
1,485
1,485
123
245
122
293
57
152
31
20
305
§85
75
124 !
64
100
113
209
52
152
1920—June 25
Dec. 30
2,432
2,719
1,283
1,633
335 i
280
469
431
260
312
84
64
399
256
121
87
84
65
153
77
42
27
1921— June 29— ..
Deo. 28
1,772
1,180
1,032
708
165
117
271
161
213
132
90
62
32
114
16
58
8
25
5
26 ,
3
5
1922— June 28— ..
Dee. 27.—
469
630
264
436
39
49
62
63
50
50
55
31
154
246
59
83
23
51
43
69
15
38
9
5
1923— June 27....
Dec. 26
775
857
525
613
56
64
83
84
61
67
49
28
1
204
336
78
117
47
65
37
94
38
55
5
5
1 924— June 25... .
Dec. 31.—
350
320
176
248
35
18
56
26
38
17
44
10
1
1
45
387
18
118
75
12
111
4
72
2
12
1925—June 24
Dec. 30....
455
750
330
616
28
36
40
53
27
33
30
10
(8)
1
242
363
86
124
48
78
73
85
30
65
5
12
1926—June30
Dee. 29
621
711
365
576
35
39
50
50
38
37
32
9
(•)
249
379
113
156
45
77
52
91
36
49
3
6
1927—June 29... .
Dec. 28...
477
609
373
537
25
18
37
27
24
19
19
6
(l)
216
386
91
172
51
110
46
78
22
23
6
1
1928—June27...
Dec. 26
1,032
1,168
892
1,013
36
39
49
60
35
39
19
17
C)
223
489
103
166
47
93
43
132
24
94
6
4
1929— June 26...
Dec. 31.-
1,017
632
799
508
50
36
79
49
53
26
36
13
83
392
41
280
18
46
16
47
>!
1930— June 26...
Deo. 31...
232
251
135
176
19
18
30
27
22
19
24
11
102
364
50
219
24
68
23
47
4
28
1931— June 24...
Dec. 30...
198
1,024
126
851
14
40
22
61
16
51
18
18
106
327
57
192
28
64
17
51
4
19
(<)
1932— June 29,..
Deo. 28-.
470
267
326
188
31
20
52
29
37
20
23
9
64
33
29
6
3
6
3
10
29
11
(•)
1933— June 28___
Dec. 27. -
191
111
136
83
17
6
15
9
18
12
5
1
(•)
<•)
8
111
1
17
2
15
3 I
40
3
33
(6)
1934—June 27...
Dec. 26...
27
9
19
7
1
1
1
5
1
5
6
1
1
3
1
1
1
1936—June 28...
Deo. 31...
7
6
5
2
.
13
«
5
5
1
1
1
1
1
1
1936—June 24...
Dec. 30.. .
6
5
4
5
C8)
(•>
(8)
(')
C 88 )
C)
3
3
(')
0
4
3
(')
1
1
(8)
1
1
1
(«}
(8)
(•))
(6
1
(')
1
(8)
*3
1937—June 30...
Dec, 29...
10
13
8
11
1938— June 29.,.
Dec. 28...
10
8
6
1939— June 28...
Dec. 27...
5
8
i
2
2
1940—June 26...
Dec. 31. —
1941— June 25...
Dec. 31-.
t
i Within 30 days.
* 61 days to 6 months.
« 31 to 90 days.
1
1
1
2
C8)
(8>
(•)
(6)
(')
C6)
s)
(
6
C6)
C66 )
(>
(6)
<•)
9
1
2
( )
C)
C8)
1
6
0)
()
fl
( 88)
C)
8
( 8>
(>
(8)
C)
(6)
C!>
(t
(6>
1
(8)
1
1
1
(8>
s
(1)
<•)
2
4
2
(6)
C6)
(6)
(6)
« Under 10 days.
* 11 to 30 days.
• Lees than $500,000.
(6)
C8)
l
1
1
(«)
(1)
2
1
2
9 '
:
C8)
(•>
2
(')
C)
(8)
(')
(•)
(•)
0)
8
()
(•)
]
3
2
2
2
3
(•) 1 "
i
i
(•>
2
2
£8)
(')
(•>
(')
2
(')
1
1
FEDERAL RESERVE BANKS
343
NO. 91-HOLDINGS OF UNITED .STATES GOVERNMENT SECURITIES, DIRECT AND
GUARANTEED, BY FEDERAL RESERVE BANKS, 1914-19411
HOLDINGS BY TYPES OF SIICURITIES, YEARLY, 1514-1931, MONTHLY, 1J3MS41
[End of year or month figures. In millions of dollars]
Total
Year and month
Bills
Certificates
Notes
(2)
1914
1915
Bonds
(2)
16
16
Total
Year and month
1 936—January
February
March
April
May
June.
July
August
September
October
November
December
__-.
Bills
Certificates
Notes
Bonds
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
598
592
610
610
619
620
609
609
609
609
600
599
,617
,623
,555
,555
,546
,494
,497
,497
,443
,443
,449
,341
216
216
266
266
266
316
325
325
378
378
381
491
2,430
2,430
2,430
2,525
2,526
2,526
2,526
2,526
2,526
2,526
2,564
2,564
592
593
574
636
641
623
633
631
630
630
657
657
,346
,304
,219
,156
,152
,171
,161
,158
,158
,158
,168
,155
492
534
637
733
733
733
733
737
738
738
738
752
55
122
239
300
287
43
201
273
261
11
27
9
(2)
(2)
44
52
28
27
26
234
436
134
540
375
183
227
17
116
127
18
180
87
349
187
32
29
30
75
61
315
617
228
511
729
56
24
179
257
68
162
315
87
69
106
216
226
48
291
54
77
164
817
152
271
33
360
746
740
872
1,228
1,549
1,784
1,841
1,852
_ 1,854
1,851
,851
. __ ,855
110
87
149
328
400
352
369
326
354
424
400
415
258
261
311
454
589
725
783
709
680
643
652
719
59
74
84
100
172
270
269
396
398
363
378
300
320
319
328
346
389
438
421
421
421
421
421
422
1938—January
February
March
ApriL
May
June .
July
August
September
October
November
December
2,564
2,564
2,580
2,564
2,564
2,564
2,564
2,564
2,563
2,564
2,564
2,564
664
674
665
715
715
655
629
624
609
612
612
566
,172
,175
,166
,192
,192
,165
,191
,196
,165
,165
,165
,157
728
715
749
667
657
744
744
744
789
787
787
841
,763
,866
,838
,837
,890
,998
2,028
2,129
2,277
2,421
2,432
2,437
296
300
298
265
222
225
234
362
384
467
436
425
724
695
660
637
570
622
625
464
514
517
519
516
323
450
458
514
657
708
728
861
937
994
1,034
1,053
421
421
423
422
441
441
441
442
441
443
443
443
1939— January
February
March
April... .
May
une
July
AugustSeptember
October.
November
December..
2,574
2,564
2,564
2,571
2,564
2,551
2,488
2,426
2,804
2,736
2,552
2,484
523
508
477
483
477
463
401
335
242
174
35
,210
,215
,176
,176
,176
,176
,176
,179
,245
,245
,233
,133
841
841
911
911
911
911
911
912
,316
,316
,283
,351
1934—January
.„
February _„ ,
March. „
April..
May
June
..
July
August
September
October
November
December
2,434
2,432
2,447
2,431
2,430
2,432
2,432
2,432
2,431
2,430
2,430
2,430
437
402
411
423
454
477
486
470
445
455
480
527
524
532
371
381
353
265
225
213
168
168
145
1,028
1,055
1,222
,221
,217
,222
,252
,281
,422
,412
,410
,507
445
443
443
406
406
468
468
468
397
396
• 396
396
2,477
2,477
2,475
2,467
2,477
2,466
2,448
2,436
. . 2,434
2,333
2,199
2,184
,133
133
133
129
,130
128
127
117
,115
954
903
900
,344
344
,342
337
,347
,338
,321
319
,319
,379
,297
285
1 935—January
February
.
March
April
May,..
June
July
August
_ .
September
October
November
„.,
December
2,430
2,430
2,437
2,430
2,430
2,433
2,430
2,432
2,430
2,430
2,430
2,431
523
523
551
584
554
605
568
524
507
556
559
573
,512
,511
,495
,525
,561
,511
,570
,618
,684
,635
,651
,642
396
396
392
322
315
317
292
290
239
239
220
216
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,254
900
900
820
820
820
820
820
820
820
777
777
777
285
,285
364
364
364
364
364
364
364
407
407
467
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
...
.
1926
1927
1928 1929
1930
*
1931
1932 —January
February
March
ApriL.
May
June., ..
July
August
September
October
November
December
1933— January
February
March
April
May..
June
July...
August
September
October
November
December
.
._
.
_
Fo rfootnotes see end of table, p. 344.
1937—January
February
March
April
May
June
July.
August
September
October
November
December
1940—January
February
March
April
May
June
JulyAugust
September
October
December
1941 — January
March
April
May
June
July
August
September
October
November
December
_
- ...
_...
...
..
. ..
10
BANKING AND MONETARY STATISTICS
344
NO. 91-HOLDINGS OF UNITED STATES GOVERNMENT SECURITIES, DIRECT AND
GUARANTEED, BY FEDERAL RESERVE BANKS, 1914-194t'-Continued
HOLDINGS BOUGHT OUTRIGHT AND UNDER REPURCHASE AGREEMENT, HIMW
[End of year figures. In millions of dollars]
—-— =
1924
Method of purchase and type of security
1925
1926
1927
1928
1929
1930
1931
1932
1933
.934
1935
1936
Total holdings
540
375
315
617
228
511
729
817
1,855
2,437
2,430
2, 431!
2,430
Bought outright
536
366
311
560
19S
488
«S6
775
1,851
2,435
2,430
2,430
2,430
449
260
212
423
76
93
165
3
171
41
205
30
IBS
40
35
278
50
130
63
34
435
24
223
160
28
5«7
83
252
20
212
1,640 i 2,223
372
412
649
470
282 1,005
336
336
3,223
505
s,m
100
319
30
1,400
319
1,341
1,524
194 j 491
87
106
09
137
122
32
18
56
7
45
47
27
22
87
9
60
52
210
6
32
136
36
251
1,5
28
44
208
48
18
12
131
211
42
70
14
85
212
13
45
48
106
207
23
207
611
108
77
117
21
4
S
3
57
31
23
43
1
1
1
25
17
15
18
10
2
16
7
2
18
23
42
22
1
2
18
4
2
5
In special svsU'm investment account,.,,,.
Bills
Certificates
- ..
Notes......
....._.__....... _.
Bonds
In other accounts
Bills
Certificates
Notes....
... , . _ _ .
Bonds
. . _„
1
Bought under repurchase agreement
Bills
Certificates
Notes..... . ..„.„._.... _ _ „ „
Bonds „
(2)
3
1
(2)
9
89
49
113
1
S
(2)
(2)
3
1
2,48<t
599
504
.
1
2
1
HOLDINGS BY MATURITIES, MONTHLY, JULY UK-DECEMBER 1941
[End of month figures. In millions of dollars]
Securities maturing
Securities maturing
Year and mo nth
Total
1936— July ........
Aug.
I
Sept
Oct.
Nov
Dee.
2,430
2,430
2 430
2,430
2 430
2,430
279
295
332
304
357
145
303
376
253
351
261
293
346
257
387
316
327
346
376
376
372
372
379
375
801
846
754
754
770
828
325
280
333
333
336
443
1937— Jan
Fob......
March. . . _ „ _
April...
May
June
July
Aug.........
Sept.........
Oct..........
Nov.
Dec
2,430
2,430
2,430
2,525
2 526
2,520
o 526
2,526
2,526
2,520
2,564
2,564
234
182
141
194
207
283
280
266
190
193
287
404
232
240
368
338
313
212
209
283
398
407
384
368
311
385
357
375
390
484
495
430
409
396
354
214
375
298
274
255
259
247
237
237
210
210
211
283
833
847
708
680
676
618
62H
623
632
632
641
594
445
479
582
683
682
682
082
686
687
687
687
701
1938— Jan.
Feb
March......
April
May
2,564
2,564
2,580
2,564
9 504
2,504
2,564
2,504
2,503
2,564
2,564
2,504
459
550
664
798
798
655
629
578
609
612
559
566
390
298
179
91
91
43
43
89
84
84
137
85
134
134
124
126
126
169
169
169
156
156
156
173
303
304
350
376
376
454
479
479
399
399
399
391
604
618
575
577
581
579
579
585
607
607
607
589
674
661
688
596
592
665
665
665
709
707
707
760
July
Aug
Sept.
Oct.
Nov.
Dec
Within 91 days to 6 months 1 to 2 2 to 5 Over 5
90 days 6 months to 1 year years years years
'523
1939 Ian
2,574
508
2 564
Ft-b
477
March...... 2,564
1 Guaranteed obligations were not
Table 86, p. 332.
2 Less than $500,000,
642
391
173
85
391
647
173
85
577
350
259
70
issued until late in 1933 and
Year and month
Total
1939— April
May.......
Junt*
July...
Aug.
Sept.,.. -.
Oct.
Nov
Dec.. _ _ _ _ _ _
2,571
2,564
2,551
2,488
2,426
2,804
2,736
2,552
2,484
1U40— Jan...
Feb.... ..
March. .„._
April. ......
May
June
July.
Aug........
Rept.______
Get
Nov. _ . . „ _ _ _ _
Dec........
2,477
2,477
2,475
2,467 i - - - - - - 2,477
2,466
2,448
2,436 """93"
2,434
2,333
2,199
75
2,184
1941— Jan
Feb.......
March _ _ _ _ _
April
May__.._._
June ... _
July.......
Aug, „ _ _ _ _ „
Sept.. .___..
Get
Nov. •
Dec..... ..
75
58
2,184
115
75
2,184
57
2,184
57
2,184
2,184
57 -----2,184
43
2,184
43
2,184
85
2,184 ""43°
2,184
S5
2,184
85
2,254
96
Over 5
I 2
Within iHdaysto 6 months I to 2 2 to ft
|i)0 days I) months to 1 year years j years years
I
483
435
463
401
335
3J8
280
35
70
113
103
103
103
162
162
162
137
259
259
296
296
296
139
139
137
106
350
350
270
270
330
347
347
342
280
137
137
106
106
225
225
225
177
177
234
117
115
115
100
281
281 j 695
685
281
248
248 1 736
732
24B
733
248
187
733
732
187
734
130
668
196
194
669
194
636
633
182
1,258
1,268
1,266
1,262
1,271
1,262
1,246
1,244
1,243
1,259
1,177
1,136
100
43
128
128
128
85
85
85
66
66
66
97
633
182
633
182
633
136
136
136 • 686
686
136
584
239
584
239
584
239
548
208
548
208
548
208
477
247
1,136
1,136
1,230
1,177
1,177
1,234
1,234
1,234
1,234
1,277
1,277
1,337
106
106
94
117
95
78
58
760
760
830
Reserve Banks were first authorized to purchase them in 1934,
577
577
588
588
532
589
589
685
697
J
830
830
830
830
832
1,219
1,219
1,191
1,265
footnote 6,
FEDERAL RESERVE BANKS
345
N0.92-INDUSTRIAL ADVANCES AND COMMITMENTS, JUNE AND DECEMBER, 1994-1941
NUMBER AND AMOUNT OF LOANS APPLIED FOR AND APPROVED AND AMOUNTS OUTSTANDING
[Amounts in thousands of dollars]
Amounts outstanding
Repaid,
Participa- Approved expired,
tions by
but not a withdrawn
Advances1 Commit- cooperat- completed by appliments
ing financ- (amount) cant, etc.
ing in(amount)
stitutions*
Applications
approved
Applications
under
consideration
Applications
received
Date
Number
Amount
Number
Amount
Number
Amount
1934— Dec 26
4,386
146,972
71
2,955
984
49,634
13,589
8,225
1,296
20.966
5,558
193 5— June 26
Dec. 31
6,325
7,437
237,581
293,084
68
28
11,349
2,823
1,646
1,993
88,778
124.493
27,518
32,493
20,579
27,649
4,533
8,778
11,248
11.548
24,900
44,025
1936—June 24.
Dec 30
8,006
8,247
314,471
328,998
12
5
1,880
1,245
2,183
2,280
133,343
139,829
30,484
25,526
24,454
20,059
7,599
7,208
9.381
8,226
61,425
77.910
1937— June 30
Dec. 29
8,430
8,534
339,509
350,551
10
7
1,263
550
2,361
2,406
145,758
150,987
23,014
20,216
16.331
12,780
7,275
7,238
1,470
3,369
97.668
107,384
1938—June 29 .,_
Dec. 28
8,976
9,188
369,583
387,490
8
5
476
247
2,566
2,653
161,158
175,013
18,444
17,345
13,649
14,161
8,426
12,722
3,084
1.946
117,555
128,830
9,308
9,418
395,499
405,225
5
2
255
41
2,721
2,781
179,778
188,222
15,255
13,683
11,175
9,220
12,000
10,981
2,067
2,659
139,281
151,670
9,512
9 ,609
413,646
431,236
2
2
33
222
2,838
2,908
195,739
212,510
10,988
9,152
8,762
5,226
11,182
6,386
2,195
13,954
162,612
177,792
9,817
10,007
458,092
510,443
2
4
35
150
3,067
3,202
238,505
279,860
10,549
10,337
13,072
14,597
14,011
19,600
8,090
8,294
192,783
227,032
1939—June 28
Dec. 27
1940—June 26
Dec. 31
„
...
1941— June 25 ..
Dec. 31.,
__ _
_._.
MATURITY DISTRIBUTION OF INDUSTRIAL ADVANCES OUTSTANDING
[In thousands of dollars]
Total*
Date
Within
15 days
16 to
30 days
31 to
60 days
61 to
90 days
91 days to
6 months
6 months
to 1 year
1 year to
2 years
2 yeara to
6 years
13,589
32
71
211
865
1,636
'10.774
1935—June 26
Dec. 31
27,518
32,493
1,203
1,674
183
259
305
980
525
493
2,794
1,583
6
22,508
6
1936—June 24
Dec, 30
29,936
24,768
1,631
1,167
272
260
663
669
599
669
2.297
1,676
'24.474
620,327
1937— June 30
Dec. 29
22,152
18,291
849
1,334
246
302
721
577
813
438
1,940
1,431
3,763
3,490
5.251
5,502
8,500
5,217
16,590
15,688
1.239
1,784
171
579
286
596
934
387
2,146
1,290
2,927
3,891
6,636
4,423
2.251
2,738
1939—June 28
Dec. 29
12,440
11,113
1,716
2,043
151
190
990
205
229
266
1,602
895
2,351
2,395
2,643
2,969
2 758
2,150
1940—June 26
Deo. 31
8,975
7.538
2,057
1,528
98
49
352
125
218
170
641
561
3,070
1,311
1.592
1,485
2,947
2,309
1941 —June 25
Dec. 31 „
9,088
9,504
1,522
3,116
284
378
567
471
589
162
810
1,224
1,504
1,289
1,447
1,541
2 365
1,323
1934— Dec 26
1938— June 29
Dec. 28
_„
27,504
1
Includes industrial advances past due 3 months or more, which are not included in industrial advances outstanding in weekly statement
of condition of Federal Reserve Banks.
1
Does not include financing institution guaranties of advances and commitments made by Federal Reserve Banks, which amounted to $748,407
on December 31, 1941.
1
Includes applications approved conditionally by the Federal Reserve Banks and under consideration by applicant.
* Excludes industrial advances past due 3 months or more.
& Includes all advances with maturities of over 6 months.
BANKING AND MONETARY STATISTICS
346
NO. 93-DEPOSITS, NOTE CIRCULATION, RESERVES, AND RESERVE PERCENTAGES OF
FEDERAL RESERVE BANKS, MONTHLY, NOVEMBER 1914-DECEMBER 1941
[Monthly averages of daily figures. In thousands of dollarsl
Deposits i
Year and month
Total
Member
bank
reserves
U.S.
Treasurergeneral
account
Foreign
bank
and government
Other
Federal
Reserve
note
circulation
Reserves2
Excess
Total
Reserve
percentage 3
231,646
247,764
P }
October
D
•> V
1916 -January
March
May
July
December
241,159
265,900
103.1
104.1
12,396
19,203
30,081
41,644
52,771
69,845
81,880
90,856
107,692
135,739
158,312
179,936
171,848
190,127
185,223
185,369
202,121
207,862
231,395
234,233253,650
277,040
311.124
336,116
269,393
295,312
295,983
302,713
323,644
338,984
368,075
377,652
411,330
451,494
507.234
547,594
97.3
99.2
94.8
91.0
05.3
93.0
97.2
35.2
04. S
84.2
04.3
04.7
430,054
437, 143
445,794
444,141
471,870
512,190
545,849
532,550
529,748
538,418
580,655
622,698
July
159,162
176,119
264,533
278,583
282,080
287,674
286,898
294,810
296,937
305,932
327,462
343,309
379,386
398,582
a| .
2,301
7,658
184,690
177,823
165,096
165,073
159,581
154,650
154,688
154,717
182,834
207,588
232,970
265,002
344,247
331,187
312,506
290,386
285,280
312,280
311,421
299,944
319,973
342,571
383,413
395,643
568,642
555,316
535,183
511,865
514,267
553,407
564,343
547,223
578,518
601,157
679,830
719,588
02.5
00.3
87.6
84.0
81.4
83.0
80.6
70.6
81.2
80.6
83.6
81.1
„„.„.„
1715,929
710,404
740,063
803,879
870,072
1,106,916
1,342,467
1,266,832
1,250,071
1,389,103
1,616,474
1,627,907
686,327
690,950
718,300
743,348
744,352
804,135
1,100,951
1,141,408
1,130,265
1,243,366
,420,070
,443,586
26,595
15,400
17,818
55,451
99,162
289,669
212,586
93,829
64,119
89,929
160,352
153,147
1918 January
February .
,=„.,«,
March
April.....
......
May
June., „......„„....._..,.,
July
August
September
October
November.,-, „ . „„„.,„.,
December
1,627,304
1,610,807
1,635,766
1,693,329
1,707,880
1,792,307
1,734,527
,712,431
,779,086
,825,699
,813,791
,803,767
,466,915
,467,507
,466,296
,503,866
,482,394
,512,350
,447,791
,459,204
,506,742
,538,898
,520,163
,585,612
124,623
80,643
84,564
94,550
99,635
142,075
162,257
127,635
151,590
156,307
162,242
100,965
12,974
45,850
70,796
75,407
95,189
99,613
99,115
105,777
101,215
94,597
93,945
92,276
1919—-January _ , _ _ , _ _ . „ _ _ _ „
February.., „„ . _.,,._„
March
April
May
,825,182
,855,124
,951,753
,878,879
,944,547
,940,647
,959,758
,911,819
,930,970
,980,676
2,013,944
1,990,221
,635,440
,611,611
,651,764
,655,697
,685,845
,696,286
,719,373
,740,241
,769,146
,793,321
,837,047
,819,639
71,354
129,576
176,719
97,133
123,661
111,525
119,053
67,654
53,970
88,300
79,978
70,301
93,291
93,488
94,784
96,634
96,693
95,069
93,383
81,451
81,755
73,921
73,393
73,403
2,540,642
25,097
20,449
2,462,941
2,503,350
28,486
29,415
2,547,535
38,348
2,534,112
37,767 ! 2,500,969
27,949
2,523,960
22,473
2,544,357
26,099
2,627,295
25,134
2,738,394
23,526
2,812,247
26,878
2,955,476
2,164,167
509,096
549,172
2,183,641 i
517,914
2,202,368
2,224,948
548,326
2,246,087
551,851
2,248,265
568,651
2,176,779
481,280
459,124
2,146,003
431,174
2,157,932
418,792 i 2,207,386
355,370
2,185,149
270,885
2,149,653
49.6
50.6
49.4
30.3
50.2
,10.8
48.5
48.2
47.3
46.8
45.3
43.5
2,027,861
2,002,503
2,032,797
,998,732
,987,323 I
,974,537
,909,221
,885,062
,912,070
,867,589
,830,011
,821,746
,883,086
,858,339
,877,761
,870,337
,853,139
,852,756
,840,195
1,807,447
1,817,076
1,814,536
1,782,158
1,758,479
46,678
49,749
56,762
22,219
31,257
34,066
14,801
32,032
57,341
25,946
21,062
38,661
73,297
73,442
75,522
77,595
76,872
59,468
31,464
27,994
19,923
8,371
7,713
5,92$
24,800
20,973
22,752
28,581
26,055
28,247
22,701
17.5S9
17,730
18,736
19,078
18,678
2,887,846
2,946,863 i
3,040,440
3,071,754
3,089,737
3,113,949
3,143,465
3,165,222 3,275,535 \
3,336,768
3,327,632
3,342,520
233,608
2,098,498
2,053,422
173,801
2,058,293
130,638
155,819
2,084,077
147,364
2,078,822
166,317
2,102,985
2,118,899
193,286
201,444 ,2,127,305
359,841
2,139,280
2,162,178
173,815
in 1,238 ! 2,182,705
246,954
2,221,573
42.7
il.S
40.6
41.1
40.9
41.3
41.9
42.1
41.2
41. S
42.3
43.0
,822,600
,804,476
1,772,885
1,728,141
25,277
49,643
5,659
5,596
18,779
21,096
3,177,656
3,068,578
378,302
484,539
2,287,274
2,343,537
43.7
411.1
1917 " J&nuary
February
March
April
May
June , _ _
July
August „ „ _ _ „
September
October . ,
November
December
July .. .
August
September
October .
November
December
- .=
._.,.„„
, „
___„.,„
.....
........
1920— January. ... ..„_.,......
February
. „=„
March
. .„„ ..
April
May
June
July
August
September
October.. „._.„.„ ._,._„
No ve mber. ._,„_..„.„...
December
1921 —January
February
For footnotes see end of table, p. 350.
15,193
1,000
2,290
2,419
1,000
1,4832,511
4,759
3,007
4,054
3,945
5,080
11,365
12,112
26,640
29,176
54,687
54,325
33,541
26,415
266,334
285,531
335,435
399,133
442,571
492,299
530,383
558,867
647,901
795,481
966,993
1,168,086
785,112
428,003
439,802
802,656
511,236
904,432
531,315
972,326
536,240 ! 1,017,794
549,366
1,133,707
717,968
1,399,985
756,553 j 1,423,491
1,438,475
741,790
1,516,037
711,659
684,823
1,637,386
658,037
1,695,039
79.9
80.6
84.1
80.8
77.5
70.9
74.8
78.0
75.8
69.4
63.4
60.6
22,792
16,807
14,110
19,506
30,662
38,269
25,364
19,815
19,539
35,897
37,441
24,914
1,242 207
,282,961
,409,172
,503,708
,571,450
,661,255
,824,249
,988,711
2,251,259
2,481,081
2,552,917
2,629,695
693,830
742,427
717,825
696,621
717,751
690,701
679,752
654,216
549,274
455,135
454,251
450,929
1,760,269
1,819,394
1,854,012
1,890,769
1,944,089
1,982,510
2,016,536
2,049,051
2,072,458
2,086,562
2,110,245
2,134,125
61.3
82.9
00.9
59.1
59.3
57.4
56.7
55.4
51.4
48.4
48.3
48.1
FEDERAL RESERVE BANKS
347
NO. 93-DEPOSITS, NOTE CIRCULATION, RESERVES, AND RESERVE PERCENTAGES OF
FEDERAL RESERVE BANKS, MONTHLY, NOVEMBER 1914-DECEMBER 1941-Continued
[Monthly averages of daily figures. In thousands of dollars]
.
Year and month
Total
Member
bank
reserves
Deposits l
U.S.
Treasurer—
general
account
Foreign
bank
and government
Other
Reserves 2
Federal
Reserve
note
circulation
Excess
Total
Reserve
percentage3
1,808,529
1,749,568
1,717,423
1,723,271
1,696,481
1,691,137
1,716,162
1,728,029
1,732,504
1,755,226
1,694,073
1,664,641
1,656,585
1,663,568
1,639,493
1,621,292
1,629,372
1,651,791
1,662,684
1,673,406
79,731
50,627
28,487
28,579
29.764
43,879
59,339
50,234
42,242
54,364
9,171
11,561
10,260
9,521
8,971
9,462
10,024
9,035
9,960
11,303
25,554
22,739
22,091
21,603
18,253
16,514
17,427
16,969
17,618
16,153
2,979,486
2,870,672
2,787,379
2,682,560
2,604,750
2,512,350
2,493,910
2,456,121
2,402,442
2,416,096
579,978
724,461
825,597
929,610
,019,511
,143,550
,238,175
,318,468
,397,066
,414,214
2,403,470
2,485,079
2,541,647
2,605,779
2,655,179
2,740,388
2,836,396
2,905,727
2,964,419
2,994,982
50.2
53.8
56.4
59.1
61.7
65.2
67.4
69.4
71.7
71.8
1922-=January
February...
March
April
May
June
July ..
August
September
October
November
December
1,800,990
1,814,446
1,794,895
1,822,788
1,877,269
1,892,591
1,882,118
1,859,524
1,866,300
1,876,362
1,890,022
1,891,457
1,707,286
1,688,637
1,711,366
1,733,256
1,782,515
1,820,254
1,812,022
1,799,155
1,811,036
1,835,728
1,825,092
1,840,300
65,116
91,940
44,212
49,553
57,588
38,537
41,874
35,648
32,468
19,176
38,123
23,387
9,589
8,571
7,872
6,437
5,234
'4,729
4,515
4,580
4,726
3,216
2,748
2,485
18,999
25,298
31,445
33,542
31,932
29,071
23,707
20,141
18,070
18,242
24,059
25,285
2,272,057
2,176,529
2,195,133
2,190,447
2,153 053
2,138,430
2,157,405
2,151,185
2,225,457
2,309,013
2,324,865
2,415,515
,504,815
,564,377
,589,496
,600,773
,608,508
,618,529
,636,573
,684,195
,649,032
,631,181
,617,298
,537,803
3,043,984
3,070,045
3,095,762
3,114,928
3,126,773
3,136,308
3,158,276
3,195,502
3,192,420
3,211,513
3,208,752
3,166,019
74.7
76.9
77.6
77.6
77.6
77.8
78.2
79.7
78.0
76.7
76.1
73.5
1923— January
February
March
April
May
June
July, .
August
September
October
November
December
1,981,717
1,969,757
1,960,540
1,944,805
1,948,878
1,931,212
1,919,779
1,890,069
1,908,193
1,919,312
1,938,964
1,931,408
1,918,353
1,900,663
1,873,018
1,868,551
1,873,901
1,866,929
1,866,761
1,834,762
1,847,503
1,864,146
1,875,291
1,881,913
17,176
44,017
65,860
54,884
38,762
35,902
28,752
32,863
38,234
31,807
32,422
27,522
2,822
2,933
2,116
3,595
3,143
2,794
2,605
2,456
3,121
4,594
4,184
4,121
43,366
22,144
19,546
17,775
33,072
25,587
21,661
19,988
19,335
18,765
27,067
17,852
2,288,527
2,244,733
2,253,189
2,236,378
2,243,189
2,246,535
2,242,143
2,228,947
2,264,090
2,276,388
2,256,777
2,292,306
,592,957
,621,374
,603,160
1,601,397
1,601,050
1,629,765
1,612,440
1,641,261
1,613,496
1,611,971
1,618,462
1,576,069
3,201,969
3,208,682
3,190,625
3,176,630
3,180,433
3,204,303
3,181,220
3,194,364
3,187,000
3,194,285
3,199,810
3,168,984
75.0
76.1
75.7
76.0
75.9
76.7
76.4
77.6
70.4
76.1
76.3
75.0
1924 — Januarv.
February
March...
April
May
June
July
August
September
October
November.
December ,
1,979,913
1,954,479
1,991,066
2,004,391
1,980,210
2,064,532
2,109,552
2,139,536
2,188,401
2,208,309
2,223,364
2,255,346
1,910,877
1,892,160
1,915,420
1,905,354
1,922,012
2,000,505
2,046,240
2,071,875
2,120,210
2,140,761
2,164,429
2,181,761
44,460
40,182
53,861
75,951
34,340
42,582
35,568
34,668
36,981
40,833
29,107
41.529
3,819
3,279
2,792
3,008
2,864
3,725
7,183
13,350
13,157
8,755
8,372
13,798
20,757
18,858
18,993
20,078
20,994
17,720
20,561
19,643
18,053
17,960
21,456
18,258
2,112,873
2,034,540
2,013,515
1,971,184
1,915,449
1,870,823
1,825,260
1,757,470
1,750,498
1,769,354
1,836,189
1,884,318
,703,477
,741,398
,720,598
,711,753
,762,556
,776,082
,780,266
,759,629
,690,483
,643,552
,618,500
,513,611
3,241,596
3,239,282
3,222,877
3,201,763
3,221,809
3,246,997
3,248,713
3,211,455
3,156,623
3,124,202
3,131,153
3,056,709
79.2
81.2
80.5
80.5
82.7
82.5
82.6
82.4
80.1
78.5
77.1
73.8
2,276,911
2,233,531
2,193,473
2,181,000
2,191,354
2,208,968
2,204,389
2,209,321
2,214,359
2,266,442
2,294,052
2,281,484
2,194,270
2,158,816
2,137,427
2,123,131
2,132,087
2,141,271
2,160,281
2,151,478
2,161,329
2,203,011
2,221,367
2,218,552
39,930
32,457
26,202
30,431
31,454
42,269
17,576
33,186
26,752
33,689
32,054
31,105
21,853
21,689
8,887
6,659
6,657
6,384
5,722
5,212
6,708
8,922
12,278
10,821
20,858
20,569
20,957
20,779
21,156
19,044
20,810
19,445
19,570
20,820
28,353
21,006
1,754,356
1,714,929
,731,223
,708,529
,684,876
,660,130
,635,694
,626,387
,679,594
,713,723
,724,362
,817,473
,574,016
,574,206
,540,047
,531,866
,536,433
,515,833
,495,771
,473,059
,425,944
,388,700
,384,915
,280,282
3,072,677
3,041,913
3,000.252
2,978,628
2,977,357
2,953,024
2,921,585
2,896,876
2,872,807
2,867,444
2,877,578
2,805,791
76.2
77.0
76.4
76.6
76.8
76.3
76.1
75.5
73.8
72.0
71.6
68.5
1 926 —January
February
March
April
May
June
July
August... ..
September
October
November
December
2,289,298
2,235,986
2,274,728
2,208,272
2,276,724
2,197,682
2,251,846
2,183,479
2,253,294
2,199,229
2,241,415
2,205,974
2,262,420
2,211,545
2,253,350
2,200,909
2,273,205 - 2,211,367
2,280,180
2,219,023
2,279,135
2,214,441
2,289,632
2,218,186
23,714
40,736
52,511
42,143
27,671
12,193
26,246
25,098
31,723
34,264
28,229
39,758
7,944
5,999
7,254
5,502
5,248
5,738
5,407
10,127
10,856
7,271
11,917
13,843
21,654
19,721
19,277
20,722
21,146
17,510
19,222
17,216
19,259
19,622
24,548
17,845
,736,653
,675,586
,673,416
,675,195
,686,721
,703,312
,714,636
,699,212
,734,479
,750,326
,767,291
,856,436
,426,550
,459,140
,467,665
,474,570
,488,672
,509,732
,491,804
,497,539
,460,967
,436,684
,450,555
,385,128
2,922,466
2,925,529
2,933,885
2,932,794
2,952,013
2,975,552
2,969,505
2,965,896
2,950,380
2,934,877
2,955,169
2,929,074
72.6
74.1
74.3
74.7
74.9
75.4
74.7
75.0
73.6
72.8
73.0
70.6
1927—January.
February
March
April...
May ..
June
July
2,300,204
2,266,460
2,284,809
2,301,120
2,326,816
2,355,428
2,339,478
24,132
28,132
21,823
29,622
25,374
20,660
17,420
11,316
4,924
6,021
5,521
5,309
5,341
5,233
21,902
21,198
17,013
17,675
33,736
28,530
27,877
,753,799
,704,703
,721,876
,744,530
,730,655
,718,203
,714,666
,557,915
,662,595
,679,931
,679,121
,684,975
,658,481
1,651 520
3,064,506
3,137,737
3,168.365
3,182,325
3,191,623
3,170,162
3,156,204
75.6
79.0
79.1
78,7
78.7
77.8
77.9
1921 — March ..
. ..
May
July
August .
September
October
November
December
1925— Januarv,
February
March
April___
May
June
July ..
August
September
October.
November
December
_i_ .
,
_ .
For footnotes see end of table, p. 350.
2,242,854
2,212,206
2,239,952
2,248,302
2,262,397
2,300,897
2,288,948
BANKING AND MONETARY STATISTICS
348
NO. 93-DEPOSITS, NOTE CIRCULATION, RESERVES, AND RESERVE PERCENTAGES OF
FEDERAL RESERVE BANKS, MONTHLY, NOVEMBER 1914-DECEMBER 1941-Continued
[Monthly averages of daily figures. In thousands of dollars]
Deposits >
Reservesa
Federal
Reserve
note
circulation
Excess
Total
Reserve
percentage -]
Total
Member
bank
reserves
„.._ .
2,331,452
2,350,875
2,380,856
2,429,976
2,435,984
2,283,097
2,300,450
2,326,009
2,372,954
2,399,182
17,890
20,324
20,426
12,812
9,976
5,100
5,675
8,365
6,227
5,063
25,365
24,426
26,056
37,983
21,763
1,681,059
1,721,726
1,732,196
1,729,078
1,794,917
1,657,149
1,605,565
1,563,305
1,469,223
1,322,856
3,145,581
3,117,062
3.0S9.483
3,011,346
2,893,417
78.4
76.5
75,1
72.4
68.4
1 928- -January
. .,
February
_ „_ =
March
April....... — —
May
Juno
...
July .
„..—
August
September
...
October
November
-- December
- --
2,472,428
2,419,482
2,411,714
2,450,188
2,438,812
2,394,875
2,372,629
2,330,159
2,370,075
2,380,594
2,401,637
2,415,052
2,426,360
2,368,092
2,365,030
2,396,460
2,387,642
2,354,547
2,323,506
2,273,919
2,314,257
2,332,177
2,352,294
2,366,808
19,438
25,606
23,018
26,796
23,821
12,797
19,468
27,860
17,648
18,694
17,542
18,807
5,233
5,373
5,368
6,080
6,373
8,437
9,495
9,225
7,318
6,522
6,419
6,483
21,397
20,411
18,298
20,852
20,976
19,094
20,160
19,155
30,852
23,201
25,382
22,954
1,664,263
1,597,043
1,591,615
1,600,356
1,597,780
1,617,605
1,642,226
1,049,836
1,701,237
1,725,464
1,745,656
1,851,969
1,413,756
1,486,132
1,459,979
1,387,648
1,314,076
1,242,658
1,242,910
3, 272, OSS
1,241,146
1,230,562
1,228,727
1,128,688
2,944,811
2,971,768
2,940,725
2,885,356
2,806,772
2,727,906
2,730,221
2,747,578
2,751,167
2,753,956
2,707,562
2,714,744
71.2
74.0
73.5
71.2
69.5
68.0
08.0
69.0
67.6
67.1
66.7
63.6
1 929 January
February
March
April,..
May
June __*_
July
August.
September
October
November
December
2,436,250
2,406,651
2,384,675
2,367,519
2,350,927
2,374,439
2,384,979
2,368,430
2,395,383
2,437,987
2,576,514
2,437,914
2,386,746
2,357,297
2,336,507
2,307,945
2,296,409
2,314,338
2,333,545
2,322,411
2,334,541
2,385,644
2,521,324
2,395,022
18,165
20,853
16,820
24,817
22,498
30,383
20,389
18,969
33,313
24,233
22,648
15,859
6,530
5,995
9,239
12,312
7,997
6,723
7,187
5,584
6,801
6,345
5,660
5,775
24,809
22,506
22,109
22,445
24,023
22,995
23,858
21,466
20,728
21,765
26,882
21,258
1,722,118
1,663,492
1,669,759
1,670,904
1,663,504
1,667,011
1,788,692
1,831,044
1,869,776
1,872 594
1,937,418
1,946,402
1,236,228
1, 318,945
1,346,046
1,439,941
1,499,258
1,513,157
1,528,162
1,556,187
1,549,600
1,555,552
1,489,966
1,408,179
2,777,763
2,826,670
2,848,588
2,936,935
2,987,484
3,011,015
3,078,382
3,117,555
3,135,894
3,157,885
3,106,713
3,040,010
66.8
69.4
70.3
72.7
74.4
74,5
73.8
74,2
73.5
73.3
70.2
69.3
2,402,494
2,361,760
2,373,079
2,408,039
2,418,430
2,457,689
2,476,724
2,447,713
2,451,862
2,464,406
2,488,235
2,467,472
2,349,236
2,305,237
2,330,058
2,350,129
2,356,320
2,391,649.
2,417,484
2,392,225
2,397,156
2,406,590
2,432,662
2,415,005
23,769
29,091
15,651
29,967
33,590
38,548
24,473
27,815
28,338
30,638
25,149
25,811
6,132
6,265
6,761
5,983
5,625
6,046
6,096
6,015
5,656
5,576
5,524
6,147
23,357
21,167
20,609
21,960
22,895
21,446
28,671
21,658
20,712
21,602
24,900
20,509
1,796,883
1,677,809
1,615,952
1,554,910
3,435,509
1,441,303
1,390,267
1,347,058
1,368,074
1,380,781
1,394,342
1,587,050
1,564,910
3,124,536
1,663,575
3,101,315
1,725,122
3,202,080
1,744,689
3,209,407
1,785,713 3,226,36?
1,770,127
3,212,839
1,746,896 ; 3,169,856
1,706,403
3,101,926
1,702,133
3,106,714
1,720,542
3,135,397
1,729,503
3,158,122
1,590,033
3,088,468
74.4
78.3
80.3
81.0
82. G
82.4
82.0
81.7
81.4
81.5
81.3
76.2
1931 January . _ „ „ „ . _
February
_ March
April .
May
June -_
July
August.
September
October.
... .
November
December
2,489,841
2,426,456
2,442,522
2,440,110
2,439,591
2,482,719
2,513,090
2,571,028
2,562,842
2,496,158
2,322,874
2,241,316
2,433,310
2,370,352
2,385,716
2,375,904
2,387,076
2,403,719
2,406,922
2,345,379
2,332,724
2,255,556
2,118,112
2,069,463
28,945
31,150
32,606
37,124
24,534
43,797
22,756
38,315
31,352
32,459
33,296
27,479
5,858
5,561
5,636
5,890
6,029
12,445
56,151
161,030
173,111
166,853
139,069
114,816
21,728
19,393
18,564
21,192
21,952
22,758
27,261
26,304
25,655
41,290
32,397
29,558
1,565,642
1,704,512
1,811,352
1,471,516
1,460,082
1,837,838
1,527,028' 1,847,913
1,895,684
1,557,356
1,656,271
1,958,891
1,741,720
2,008,439
1,875,760
1,969,750
2,025,287 1 1,847,995
2,330,936 I 1,213,689
2,453,400
1,221,292
2,563,837
1,321,517
1 932™ January
February
„
March..
April. . .
. .
May ..
June..
July....,,...
August
...
September
October
November.. = .-...
December
-.-
2,130,148
2,014,397
1,975,263
2,102,019
2,250,302
2,165,897
2,094,343
2,153,856
2,266,783
2,381,297
2,449,892
2,508,584
1,979,097
1,907,477
1,898,965
1,996,009
2,137,649
2,061,915
2,002,587
2,073,220
2,181,129
2,307,406
2,378,454
2,434,553
37,695
33,979
39,214
42,756
36,146
39,047
45,472
40,321
51,028
35,886
30,967
30,845
78,510
44,297
15,935
40,823
47,267
33,728
10,729
11,088
10,815
9,845
15,686
18,081
34,846
28,644
21,149
22,431
29,240
31,207
35,555
29,227
23,811
2S,160
24,785
25,105
1 933-—January
February
March..
April
May
June
July „
August
September
October
November
December
2,602,216
2,406,264
2,103,545
2,281,210
2,346,110
2,456,588
2,519,824
2,606,214
2,712,962
2,811,949
2,855,046
2,829,975
2,515,908
2,291,043
1,914,046
2,085,635
2,124,813
2,210,970
2,268,125
2, 374 ,'606
2,488,903
2,589,688
2,629,144
2,615,798
26,729
36,577
55,686
39,927
48,320
81,330
73,028
45,455
55,513
59,632
67,655
70,677
33,227
51,210
30,443
17,183
21,748
15,346
16,550
23,316
22,234
15,484
8,405
6,828
26,352
27,434
103,370
138,465
151,229
148,942
162,121
162,837
146,312
147,145
149,842
136,672
Year and month
1 92 7-— A ugust ,
September
October
Novernber
December
1 930 = January
February
March .
April
May June
July ..
August
September
October
November
December
.__.,_„
=___
..... .—
.__.
.,„__---_
....
„ ,
_ _ . - . ..
_ ._ .
«, _ . ,
....
» ,.---
. ....
._„__.
„ „.
For footnotes see end of table, p. 350.
U.S.
Treasurergeneral
account
Foreign
bank
and government
Other
1
1
3,202,213
3,249,218
3,276,754
3,312,763
3,372,483
3,490,351
3,584,709
3,019,914 '
3,555,105
3,019,718
3,015,658
3,131,513
79.0
83.4
84.0
83.5
84.4
84.3
84.3
81.4
77.5
62.6
63.1
65.2
2,652,235
2,663,844
2,605,484
2,557,789
2,562,152
2,630,151
2,862,633
2,847,296
2,794,624
2,732,350
2,707,400
2,740,096
1,373,240 i 3,179,686'
1,384,334
3,354,910
1,457,292
3,190,828
1,471,621
3,230,444
3,118,253
1,305,786
989,101
2,799,225
915,124 ; 2,793,197
1,015,765
2,908,533
1,123,154 i 3,034,378
3,145,182 i
1,218,788
1,277,288
3,217,710 ;
1,308,863
3,282,905 |
06.5
07.4
09.7
69.3
64.8
58.4
56.3
58.2
00.0
01.5
62.4
62. S
2,734,658
2,918,694
4,042,351
3,535,436
3,305,073
3,127,660
3,061,785
2,999,260
3,000,866
2,995,112
2,988,995
3,071,601
3,420,493 3,417,132 !
1,349,940
3,359,610
797,013
3,150,194
1,337,567
3,550,165
1,627,030 1 3,770,198 !
1,702,806 3,813,076
1,703,693 3,810,345
1,705,937 i 3,817,816 1
1,663,130 3,813,013
1,627,989
3,810,216
1,599,466
3,794,330
1,552,841
3,771,973 i
64.3
63.1
51.3
61.0
66.7
68.3
68.3
68.1
66.7
65.6
64.9
63.9
FEDERAL RESERVE BANKS
349
N0.93-DEPOSITS, NOTE CIRCULATION, RESERVES, AND RESERVE PERCENTAGES OF
FEDERAL RESERVE BANKS, MONTHLY, NOVEMBER 1914-DECEMBER 1941-Continued
[Monthly averages of daily figures. In thousands of dollars]
Deposits i
Foreign
bank
and government
Reserves a
Other
Federal
Reserve
note
circulation
Excess
Total
Reserve
percentage 3
Total
Member
bank
reserves
2,997,796
3,038,548
3,547,832
3,818,484
4,006,838
4,131,184
4,206,001
4,308,838
4,281,994
4,232,659
4,309,704
4,355,029
2,763,943
2,821,846
3,361,382
3,593,505
3,694,792
3,790,029
3,927,995
4,044,979
3,946,573
3,964,277
4,100,270
4,037,355
87,558
80,432
42,159
54,567
62,675
115,025
58,648
55,615
138,696
91,278
44,722
136,868
4,430
4,380
6,245
5,090
6,104
4,642
5,817
8,667
11,238
8,194
12,945
17,740
141,865
131,890
138,046
165,322
243,267
221,488
213,541
199,577
185,487
168,910
151,767
163,066
2,983,839
2,962,562
3,004,165
3,041,933
3,061,360
3,072,017
3,097,194
3,109,622
3,155,662
3,178,569
3,182,176
3,230,621
1,555,643
1,618,805
2,002,525
2,132,161
2,237,778
2,332,968
2,370,287
2,444,482
2,443,543
2,443,880
2,488,592
2,542,156
3,798,407
3,867,322
4,445,932
4,685,404
4,864,715
5,007,689
5,081,265
5,196,424
5,204,506
5,196,738
5,269,859
5,358,665
63.5
64.4
67.9
68.3
68.8
69.5
69.6
70.0
70.0
70.1
70.3
70.0
1935 — January
February
March.
April
May ..
June
July...
August
September
October
November
December
4,621,195
4,845,888
4,890,584
4,965,532
5,115,936
5,326,077
5,456,544
5,530,459
5,580,957
5,830,635
6,062,199
6,315,272
4,354,901
4,601,366
4,452,244
4,436,321
4,777,845
4,978,868
4,970,204
5,232,191
5,242,784
5,468,553
5,757,219
5,715,582
72,603
55,452
202,016
270,890
60,285
81,003
193,107
65,752
101,753
55,299
49,434
323,983
18,918
13,904
16,940
19,790
28,884
26,531
24,819
22,019
17,584
19,213
29,519
32,854
174,773
175,166
219,384
238,531
248,922
239,675
268,414
210,497
218,836
287,570
226,027
242,853
3,118,618
3,124,421
3,154,971
3,171,538
3,164,923
3,201,103
3,268,471
3,334,415
3,433,624
3,508,992
3,583,967
3,697,059
2,651,415
2,800,768
2,845,689
2,899,219
2,991,098
3,146,346
3,274,288
3,361,130
3,439,452
3,643,981
3,842,229
4,070,663
5,516,280
5,746,597
5,819.381
5,905,770
6,047,645
6,290,914
6,491,466
6,630,557
6,766,237
7,088,300
7,397,586
7,759,832
71.3
72.1
72.3
72.6
73.0
73.8
74.4
74.8
75.1
75.9
76.7
77. 5
1936— January
February
March.
April
May
June
July..
August,. ..
September
October
November
December
6,553,567
6,602,790
6,516,990
6,493,261
6,545,075
6,565,889
6,686,972
6,784,668
6,838,386
6,978,123
7,070,030
7,057,750
5,779,813
5,808,136
5,420,483
5,300,098
5,638,345
5,483,524
5,860,867
6,180,975
6,345,023
6,593,763
6,784,962
6,664,865
493,757
465,949
760,058
844,686
558,727
793,026
545,191
275,281
233,102
145,606
85,640
154,703
41,900
60,082
62,812
74,194
79,253
58,066
59,536
84,574
59,254
67,641
54,478
73,335
238,097
268,623
273,637
274,283
268,750
231,273
221,378
243,838
201,007
171,113
144,950
164,847
3,639,915
3,669,821
3,742,342
3,770,233
3,778,695
3,883,921
4,010,628
3,995,475
4,044,123
4,093,336
4,150,760
4,274,353
4,186,366
4,237,597
4,245,829
4,242,216
4,281,979
4,378,268
4,511,022
4,565,123
4,634,304
4,751,485
4,849,171
4,896,071
7,936,080
8,016,502
8,023,712
8,022,950
8,084,233
8,229,897
8,455,713
8,537,947
8,645,388
8,831,162
8,983,986
9,076,025
77.9
78.0
78.2
78.2
78.3
78.8
79.0
79.2
79.4
79.8
80.1
80.1
1937— January
February
March.
April
May...
June .
July.,.
August
September .
October
November
December
7,215,384
7,209,513
7,182,395
7,230,720
7,271,946
7,298,978
7,267,092
7,247,681
7,389,460
7,501,029
7,531,396
7,513,619
6,715,694
6,746,793
6,703,504
6,823,719
6,932,393
6,878,119
6,844,970
6,701,015
6,854,285
6,953,996
6,918,705
6,879,007
200,068
166,542
205,410
159,462
84,872
131,172
136,863
212,376
189,738
94,547
125,169
187,531
92,896
101,047
93,132
93,099
114,467
148,354
170,584
196,017
218,957
274,118
264,780
226,929
206,726
195,131
180,349
154,440
140,214
141,333
114,675
138,273
126,480
178,368
222,742
220,152
4,193,671
4,169,264
4,177,359
4,185,743
4,202,800
4,195,003
4,224,271
4,238,826
4,272,977
4,281,394
4,270,020
4,310,950
4,952,310
4,948,164
4,938,609
4,926,835
4,908,518
4,921,369
4,915,089
4,914,155
5,017,839
5,098,741
5,101,773
5,083,702
9,155,163
9,139,199
9,123,391
9,131,884
9,134,819
9,154,013
9,148,280
9,146,374
9,313,341
9,436.659
9,445,770
9,437,849
80.2
80.3
80.3
80.0
79.6
79.6
79.6
79.6
79.9
80.1
80.0
79.8
7,712,725
7,820,751
7,892,209
8,703,000
9,277,723
9,264,908
9,257,938
9,242,105
9,240,007
9,572,504
9, 777; 152
9,994,231
7,182,769
7,229,939
7,326,133
7,469,358
7,587,244
7,878,147
8,167,215
8,119,056
8,195,685
8,546,380
8,727,183
8,745,332
127,393
164,364
220,563
900,044
1,314,599
966,830
717,033
773,539
704,354
664,845
525,914
723,037
170,012
148,287
114,908
124,249
131,920
139,223
130,975
119,657
164,426
205,612
205,797
202,402
232,551
278,161
230,605
209,349
243,960
280,708
242,715
229,853
175,542
155,667.
318,258
323,460
4,186,261
4,129,647
4,131,741
4,145,420
4,137,027
4,128,785
4,142,841
4,149,633
4,211,870
4,285,621
4,351,962
4,451,462
5,157,622
5,201,475
5,252,635
5,779,134
6,160,453
6,150,388
6,140,833
6,138,921
6,154,609
6,432,415
6,609,506
6,786,709
9,531,580
9,590,597
9,667,605
10,483,352
11,062,467
11,044,620
11,038,248
11,033,511
11,073,359
11,497,040
11,772,294
12,065,275
80.1
80.3
80.4
81.6
82.5
82.5
82.4
82.4
82.3
83.0
83.3
83.5
10,310,126
10,482,433
'10,695,463
11,119,700
11,479,700
11,696,758
11,796,518
12,058,846
12,783,659
12,953,095
12,908,297
12,828,464
9,029,059
8,924,695
9,020,880
9,624,097
9,997,035
10,085,382
10,321,239
10,659,315
11,443,354
11,862,373
11,687,813
11,472,928
827,213
1,055,414
1,155,122
1,000,558
925,752
929,215
780,383
783,123
610,844
358,256
454,032
616,310
173,999
228,971
258,496
236,867
264,825
336,782
293,350
309,787
437,315
432,575
442,125
398,726
279,855
273,353
260,965
258,178
292,088
345,379
401,546
306,621
292,146
299,891
324,327
,340,500.
4,369,462
4,348,402
4,347,010
4,419,738
•4,463,762
4,456,858
4,523,968
4,568,914
4,684,673
4,751,554
4,817,181
4,938,698
6,949,403*
7,062,490
7,207,053
7,523,733
7,792,965
7,924,001
8,047,459
8,346,155
8,545,130
8,655,655
8,778,119
8,912,537
12,305,732
12,470,702
12,689,269
13,183,523
13,596,365
13,800,610
13,985,828
14,394,317
14,893,280
15,089,860
15,222,895
15,377,979
83.8
84.1
84.4
84.8
85.3
85.4
85.7
86.6
85.3
85.2
85.9
86.6
13,258,812
13,546,355
13,733,988
14,013,642
14,404,665
11,985,385
12,214,685
12,362,362
12,702,898
13,086,453
583,941
599,550
612,149
553,658
439,667
402,418
379,790
, 370,012
371,626
403,867
287,068
352,330
389,465
385,460
474,678
4,870,578
4,850,525
4,898,658
4,932,028
4,982,669
15,809,094
16,077,768
16,325,317
16,653,344
17,090,273
87.2
87,4
87.6
87.9
88.2
Year and month
1934 —January
February
March.
April. .
May
June „
_. .
July
August
September
October
November ,...
December
1938 — January
February
March
April,.
May...
une
July
August
September
October ..
November
December
,_
1939—January
February
March.
April
May
June
July...
August
September
October . .
November
December
1940— January
February
March.
April
May...
,
For footnotes see end of table, p. 350.
U.S.
Treasurergeneral
account
9,220,279
9,396,334
9,558,958
9,775,758
10,055,577
BANKING AND MONETARY STATISTICS
350
NO. 93-DEPOSITS, NOTE CIRCULATION, RESERVES, AND RESERVE PERCENTAGES OF
FEDERAL RESERVE BANKS, MONTHLY, NOVEMBER 1914-DECEMBER mi-Continued
[Monthly averages of daily figures. In thousands of dollars]
Deposits *
Year and month
Member
bank
reserves
Total
US.
Treasurer—
general
account
Foreign
bank
and government
Other
Reserves2
Federal
Reserve
rcote
circulation
Excess
lleserve
percentage *
Total
14,907,660
3-June
15,442,087
July
August
. .-.,...„._ 15,744,169
September
15,958,825
October ,_ ....„.„_.._ 16,144,245
November
16,188,535
December
„.,„„„.._ 16,102,630
13,595,715
13,734,864
13,407,685
13,643,060
14,042,863
14,130,727
14,049,426
285,832
391,477
885,283
780,662
477,301
347,827
337,727
545,034
800,601
934,978
989,466
1,074,005
1,122,689
1,130,345
481,079
515,145
516,223
545,637
550,076
587,292
585,132
5,107,426
5,236,144
5,306,853
5,403,679
5,508,212
5,658,222
5,867,631
10,449,939
10,900,889
11,151,707
11,353,342
11,592,276
11,823,422
11,940,392
17,710,590
18,400,077
18,784,907
19,100,402
19,446,047
19,752,698
19,923,365
16,358,734
16,330,385
16,364,389
16,266,676
16,193,706
16,043,079
15,843,223
15,672,338
15,496,292
15,527,447
15,342,888
14,934,409
14,339,436
13,996,129
13,979,267
13,600,334
13,649,985
13,200,679
13,119,991
13,004,296
13,183,538
13,096,564
12,899,514
12,811,952
264,583
547,702
617,641
891,896
618,017
986,583
949,231
828,990
476,495
525,410
669,439
592,118
1,185,165
1,160,621
1,161,344
1,254,847
,235,021
,227,353
,181,032
,192,318
,127,518
1,183,146
1,095,128
887,658
569,550
625,933
606,137
519,599
690,683
628,464
592,969
646, 734
708,741
722,327
678,807
642,681
5,860,552
5,940,735
6,007,166
6,209,081
6,383,031
6,580,829
6,788,557
6,948,438
7,150,943
7,339,657
7,544,286
7,983,608
12,128,808
12,182,551
12,276,940
12,291,209
12,353,754
12,359,333
12,331,932
12,323,879
12,313,070
12,425,676
12,440,100
12,352,717
20,198,585
20,274,480
20,431,343
20,468,178
20,574,764
20,606,742
20,592,483
20,588.573
20,597,140
20,796,145
20,827,825
20,773,203
„_„,„„...,
1941 —January
February
March
„.„„.,.,
April
May
, _.
June. „_„..._.._--.....-...,-July
August
, „ „.„„«,„
September
October
,.„ „ = = .
November „ „ . . , „ . , _ , . _ „ . „ .
December ., ..„„.,_„_.,...
88.5
89.0
89.2
89.4
89.8
90.4
90.7
•'
|
!
!
90.0
91.0
91 . 1
91.1
91.1
91.1
91.0
91.0
90.9
90.9
91.0
90.6
1
Prior to 1917, figures are "net deposits," that is, total deposits including deferred availability accounts less uneoHeeted items; see introductory
text,3 p. 327. Figures for classes of deposits comparable with later years are not available prior to 1917.
Prior to February 1921, figures for reserves differ somewhat from those originally published; see introductory text, pp. 325 and 327.
3
Ratios of total reserves to deposit and Federal Reserve note liabilities combined. Ratios prior to 1917 are not comparable with later years
(see footnote 1) and prior to February 1921 they differ somewhat from those originally published (see footnote 2).
NO. 94-FEDERAL RESERVE NOTES-STATEMENT OF AMOUNTS ISSUED AND COLLATERAL,
DECEMBER 31,1914-1941
[In thousands of dollars]
1915
1914
Item
1916
1917
1918
1919
1920
1921
1922
Federal Reserve notes received from the
Comptroller
Federal Reserve notes held by Federal Reserve agents.. _-.-- = .,.-_ „.--...__-.--....-
37,540
263,449
367,444
1,564,009
20,341
49,324
67,334
213,245
Federal Reserve notes issued to Federal Reserve Banks:
Held by issuing Federal Reserve Bank..
Held by other Federal Reserve Banks..,
Held by United States Treasury, _ _ . _ _ . .
In circulation *
6,591
299
25,308
207
10,392
178,218
25,315
252
2,093
272,450
104,003
64!
23,577
1,222,543
200,892
286,911
399,450
372,399
421,402
2,537
22,424
31,131
13,753
20,289
31,991
7©, 600
49,038
23,971
2,636
2,624,424 2,915,854 3,256,112 2,371,668 2,372,864
214,125
300.110
1,350,764
2,859,844 3,295,789 3,735,731 2.781,791 2,817,191
""iiuoiT
17,199
Total notes issued., „.„....,„„„.,.,,. „ „ „ - - - „ _
Collateral held as security for Federal Reservo notes issued to Federal Reserve
Banks:
Gold and gold certificates —
In vault—Gold bullion
United States j?old coin
Gold certificates
.-
3,159,229 3,618,522 4,373,920 3,639,516 3,691,628
299, 385
322,733
63i,189
857,725
874,437
}
2
12,252
3,510
136,430
5,100
159,467
4,085
249,297
8,645
237,682
8,400
240,748
53,868
63,184
14,760
14,725
196,298 ) 271,104
63,184
25,400
284,878
Total in vault
In gold redemption fund
In gold fund-— Federal Reserve Board
212,252
139,940
650
56,860
164,567
15,376
102,580
253,382
41,383
508,404
246,32?
. 84,128
933,497
Total gold and gold certificates......
Eligible paper
U. 8. Government securities^. „_...«.....
12,252
4,953
197,450
316,740
282,523
H8.402
803,169
3606,705
1,203,952 1,238,591 1.277,875 1,872,670 2,1:66,879
31.956.357 2,702,485 2,854,980 1,255,740
859,205
- ... ,.
17,205
214,190
300,925
1,409,874
3,220,309 3,941,076 4,132,855 3,128,410 3.026,084
Collateral required as seeurit v for Federal Reserve notes
--- -= --,„ = - ,„...
Collateral pledged in excess of Federal Reserve notes issued
„„.,.
„ ...
17,199
214,125
300,110
1,350,764
2,859,844 3,295,789 3.735,731 2,781,791 2,817,191
6
65
815
59,110
Total collateral held
...
For footnotes see opposite page.
360,465
249,148
264,926
349,013 ! 353,462
103,116 '• 116,257 f 128,774
132,318
886,327
896,692 ! 1,394 ,883 1,681,099
645,287
397,124
346,619
£08,893
FEDERAL RESERVE BANKS
351
NO. 94-FEDERAL RESERVE NOTES-STATEMENT OF AMOUNTS ISSUED AND COLLATERAL,
DECEMBER 31,1914-1941-Continued
[In thousands of dollars]
Item
1923
1924
Federal Reserve notes received from the
3,635,781 3,181,478 2,977,588
Comptroller
Federal Reserve notes held by Federal Re772,028
936,517
813,454
serve agents.,, _
,
1927
1926
1925
1928
1929
1930
1931
3,030,671
3,030,152
i, 016, 416 3,644,332 3,555,661 4,893,971
769,849
796,055
739,062 1,217,748 1,462,036 1,967,933
-
Federal Reserve notes issued to Federal Reserve Banks:
367,398
382,901
Held by issuing Federal Reserve Bank... 575,653
19,224
20,931
21,907
Held by other Federal Reserve Banks
1,215
1,092
1,544
Held by United States Treasury
2,223,675 1,841,621 1,815,687
In circulation 1 ..
409,993
24,796
1,574
1,824,459
444,230
23,504
3,569
1,762,794
439,160
516,861
430,087
301,567
28,707
42,148
21,993
20,055
1,434
5,154
1,020
975
,808,053 1,862,421 1,640,525 2,603,441
2,822,327 2,244,961 2,205,560
2,260,822
2,234,097 !, 277, 354 2,426,584 2,093,625 2,926,038
60,531
52,900
166,063
58,698
51,895
191,638
58,698
66,045
181,352
105,150
96,603
205,995
279,494
326,584
114,918
128,778
1,648,893 1,307,894
302,231
109,817
960,233
- 306,095
112,344
963,435
407,750
102,613
1,028,333
414,048
371,273
621,009
879,392
96,347
761,917 1,262.870 1,109,430 1,250,730
2,104,255 1,702,306 1,372,281
948,803
668,793
1,021,716
1,381,874
968,904
1,538,696
943,553
,229,537 1,676,918 1,730,439 2,130,122
970,462
,470,000
507,788
915, 125
3,125,971 2,371,099 2,321,084
2,350,778
2,482,249
,699,537 2,647,380 2,238,227 3,045,247
2,260,822
2,234,097
,277,354 2,426,584 2,093,625 2,926,038
89,956
248,152
Total notes issued
_
Collateral held as security for Federal Reserve notes issued to Federal Reserve
Banks:
Gold and gold certificates—
In vaultGold bullion
United States gold coin
Gold certificates
Total in vault - In gold redemption fund
In gold fund — Federal Reserve Board
Total gold and gold certificates
Eligible paper „„
U. S. Government securities
_.
Total collateral held_.._
60,531
45,685
220,368
Collateral required as security for Federal Reserve notes
„_
2,822,327 2,244,961 2,205,560
Collateral pledged in excess of Federal Re*
115,524
126,138
303.644
serve notes issued
1932
1933
1934
1935
1936
1937
139,998
92,255
139,020
422,183
1938
117,968
188,065
108,015
220,796
1939
187,919
255,820
177,270
157,337
194,035
528,020
144,602
119,209
1940
1941
Federal Reserve notes received from the
Comptroller
5,059,333 6,953,281 6,626,918 6,761,662 7,481,238 7,548,26'r 7,699,153 8,142,135 9,147,713 11,526,989
Federal Reserve notes held by Federal Reserve agents,.- ,
, - , _ , ,_, 2,072,318 3,603,476 3,106,553 2,714,610 2,843,041 2,886,64() 2, 909, 136 2,867,613 2,891,063 2,915,063
•*";— "~
-!- •
Federal Reserve notes issued to Federal
Reserve Banks:
270,262 299,258 337,978 354,660 378, OK) 338,223 315,976 325,653
Held by issuing Federal Reserve Bank,. 248,407
419,757
33,454
32,570
30,21()
28,502
31,628
32; 603
27,445
18,460
17,819
Held by other Federal Reserve Banks, ,.
36,287
13,312
13,907
16,77*i
14,982
16,077
18,049
16,989
17,200
Held by United States Treasury .
5,106
18,354
2,715,683 3,043,883 3,175,616 3,666,647 4,232,885 4,236,62:\ 4,405,347 4,911,780 5,883,292 8,137,528
In circulation1
Total notes issued
,
Collateral held as security for Federal Reserve
notes issued to Federal Reserve Banks:
Gold and gold certificates—
In vault —
Gold bullion... _
United States gold coin
Gold certificates
2,987,015 3,349,805 3,520,365 4,047,052 4,638,197 4,661,62'1 4,790,047 5,274,522 6,256,650 8,611,926
309,545
277,180
527,390
32,176
598,912
844,220
710,502
5,000 1,305,000 1,305,00() 1,305, 000 1,305,000 1,305,000 1,305,000
1,114,115 1,475,308 710,502
Total in vault
5,000 1,305,000 1,305,00() 1,305,000 1,305,000 1,305,000 1,305,000
In gold redemption fund
In gold fund—Board of Governors, _. 1,237,560 1,149,745 2,605,698 3,965,843 3,313,838 3,423,632I 3,583,000 4,066,000 5,074,500 7,419,000
Total gold and gold certificates 2,351,675 2,625,053 3,316,200 3,970,843 4,618,838 4,728,633I 4,888,000 5,371,000 6,379,500 8,724,000
3,397
8,9fc I
2,237
188,440
5,487
Eligible paper _
219,888
1,688
1,365
2,716
2,567
25,00()
95,000
600,500 241,400 127,500
U. S. Government securities
427,800
Total collateral held
2,999,363 3,413,993 3,563,087 4,101,059 4,716,075 4,762,58(> 4, 891, 397 5,372,365 6,381,188 8,726,567
Collateral required as security for Federal
Reserve notes
2,987,015 3,349,805 3,520,365 4,047,052 4,638,197 4,661,62'r 4, 790, 047 5,274,522 6,256,650 8,611,926
Collateral pledged in excess of Federal Re54,007
42,722
64,188
12,348
97,843 124,538
serve notes issued
77,878 100, 95<) 101,350
114,641
1
Figures correspond with those given under similar caption in Tables 109 and 110; they differ from those given in Tables 85-87 and 95 by the
amount of Federal Reserve notes held by (a) Federal Reserve Banks other than issuing Bank and (b) the United States Treasury.
2
Includes $300,000 of silver certificates.
3
Figures given are for last weekly statement date in December; end of month figures are not available.
BANKING AND MONETARY STATISTICS
852
NO. 95-FEDERAL RESERVE NOTES-STATEMENT OF AMOUNTS ISSUED AND COLLATERAL, BY EACH
FEDERAL RESERVE BANK, DECEMBER 31,1920,1929,1933, AND 1941
[In thousands of dollars]
Boston
New York
Item
1941
1929
1933
274,322
67,764
206,558
255,565
21,260
234,305
300
5,300
30,000
5,300
30,000
44,555
5,600
19,147
110,000
35,300
74,555
189,617
118,117
720,000
209,608
9,968
35,000
224,917
56,445
192,672
32,173
32,000
720,000
260
254,576
953,166
281,362
274,322
7,040
256,845
255,565
1,280
720,260 1,207,742
700,116 1,036,354
20, 144
171,388
1920
Federal Reserve notes:
Issued to Federal Reserve Bank by Federal Reserve Agent,, 301,554
12,774
Held by Federal Reserve Bank
In actual circulation 1
__„„.__..._________
..... 288,780
Collateral held as security for Federal Reserve notes issued to
Federal Reserve Banks:
Gold and gold certificates—
In vaultGold bullion
United States gold coin
Gold certificates
Total in vault
In gold redemption fund
In gold fund — Board of Governors
328,793
301,554
27,239
726,126 2,210,118
75,040
99,468
651,086 2,110,650
117,968
87,000
25,000
32,176
259,215
192,215
""soolooo
229,968
483,606
500,000
"155^740*
Collateral held as security for Federal Reserve notes issued to
Federal Reserve Banks:
Gold and gold certificates—
In vaultGold bullion
United States gold coin
Gold certificates ....,.._..„„..._._...,..„
...,_._.,.
238,594 573,706 2,220,000
334,483
47,653
690
--------- 130,000
573,077
454,164
118,913
751,359 2,220,690
726,126 2,210,118
25,233
10,572
Cleveland
1933
1941
1920
1929
1933
192,585
30,241
162,344
249,181
13,053
236,128
602,134
27,098
575,036
378,693
29,742
348,951
218,939
30,741
188,198
304,448
13,858
290,590
14,860
86,750
101,610
96,400
68,890
138,791
Total gold and gold certificates
162,025
Kligible paper
U. S. Government securities... . . „ _ . . _ ..... ......._.,.-..
136,600
56,415
170,500
18,930
60,000
Total collateral held...--. .... ....... ........... 300,816
Collateral required as security for Federal Reserve notes. „ „ . , _ _ _ _ . 291,299
9,517
Collateral pledged in excess of Federal 'Reserve notes issued, . _ _ _ . _
193,015
192,585
430
249,430
249,181
249
5,400 1
17,375
120,000
Il6,5o6
815,666
130,900
95,985
217,770
10,803
80,000
815,000
615,624
602,134
13,490
404,431
378,603
25,738
226,885
218,939
7,946
314,573
304,448
10,125
§15,000
811,693
3,307
1933
179,760
6,354
173,406
175,220
32,142
143,084
Hi, 272
19,097
125,175
3,500
4,480
3,000
8,180 •••<™
13,700
3,500
3,210
54,000
7,4SO
21,880
119,400
69,665
310,000
475,000
60,710
133,899
126,880
48,417
90, §80
6, 570
4§,OOD
310,000
475,000
461,916
13,084
194,609
179,760
14,849
175,297
175,226
145,450
144,272
1,178
310,000
303,618
6,382
16,190
29,165
22,935
16,190
52,100
60,000
90,375
475,566
53,699
Total gold and gold certificates
=..
118,935
Kligible paper
1* . S. Government securities _ „ .__._..„„.._...„.-_......._..,_.
76,190
50,853
142,475
6,917
22,000
.. 172,634
161,034
„ 11 , 600
127,043
123,173
3,870
171,392
170,040
1,352
2,699
51,000
107,270
1929
462,916
30,427
431,489
G ol d cert ificates . . _ . . , _ . „ . . . . . . . . , _ . _ . _ „ „ . . . . „ . _ _ „ . , _ _ . . _ „
10,900
Atlanta
170,040
12,499
157,541
Collateral held as security for Federal Reserve notes issued to
Federal Reserve Banks:
Gold and gold certificates—
In vaultGold bullion
_..
177,635
226,796
123,173
24,503
98,670
Federal Reserve notes:
Issued to Federal Reserve Bank by Federal Reserve Agent.. 161,034
5,865
Held by Federal Reserve Bank
In actual circulation 1 . ....,.,,.„....„„.,,.,....„„„.„,._.....__... 155,169
i
21,600 — --- 85,670
615,000
624
1941
1929
811,693
33,621
778,072
615,000
1933
1920
500 '
10,400
1941
22,775
19,860
135,000
Richmond
90,100 1,720,000
1929
17,402
121,389
For footnote sec opposite page.
8,626
40,200
Federal Reserve notes:
Issued to Federal Reserve Bank by Federal Reserve Agent.. 291,299
12,977
Held by Federal Reserve Bank, . ,„__«, „, _ ' . _ „ „ . . . _ _ _ _ „ _ .
In actual circulation '. .........__._„...._.._..„..... . . . _ . _ _ . 278,322
Total in vault
In gold redemption fund
In gold fund — Board of Governors
1941
454,164
135,193
318,971
7,200
33,000
1920
Total collateral held
. = ..._. , . „„„..
„
Collateral required as security for Federal Reserve notes
Collateral pledged in excess of Federal Reserve notes issued.
1933
700,116 1,036,354
28,460
168,873
671,656
867,481
Philadelphia
Total in vault
In gold redemption fund
In gold fund— Board of Governors
1929
53,868
184,747
Total gold and gold certificates
Eligible paper _ _ _ „
„ _ „ _ _ „ _ _ ,_
_.
...... 104,046
II. B. Government securities.. ...... ^ _ . . . . . _ _ _ . . _ . . _ . .
Total collateral held
Collateral required as security for Federal Reserve notes
Collateral pledged in excess of Federal Reserve notes issued
1920
1920
n
1941
303,618
25,054
278,564
FEDERAL RESERVE BANKS
353
NO. 95-FEDERAL RESERVE NOTES-STATEMENT OF AMOUNTS ISSUED AND COLLATERAL, BY EACH
FEDERAL RESERVE BANK, DECEMBER 31,1920,1929,1933, AND 1941-Continued
[In thousands of dollars]
St. Louis
Chicago
Item
1920
Federal Reserve notes:
Issued to Federal Reserve Bank by Federal Reserve Agent.. 634,237
88,842
Held by Federal Reserve Bank
In actual circulation 1
..„_„..
. 545,395
1933
1929
375,885
71,347
304,538
Collateral held as security for Federal Reserve notes issued to
Federal Reserve Banks:
Gold and gold certificates—
In vault—
Gold bullion
United States gold coin
Gold certificates
832,192 1,763,428
43,892
47,433
784,759 1,719,536
133,480
312,507
1929
1933
1941
155,391
19,606
135,785
111,580
16,836
94,744
150,092
5,785
144,307
341,354
19,286
322,068
7,430
200
12,417
16,065
7,630
28,482
800,000
6,060
3,746
39,531
77,000
96,200
350,000
710,987 1,780,000
15,176
,110,000
49,337
116,080
84,630
27,599
124,682
5,724
22,000
350,000
836,163 1,780,000
832,192 1,763,428
16,572
3,971
165,417
155,391
10,026
112,229
111,580
649
152,406
150,092
2,314
350,000
341,354
8,646
445,987
800,000
In gold fund — Board of Governors
10,018
188,144
269,564
265,000
980,000
Total gold and gold certificates—
^Eligible paper '_ .
U. S. Government securities
198,162
500,909
269,564
149,863
699,071
Total collateral held
Collateral required as security for Federal Reserve notes _ _ ... 634,237
64,834
Collateral pledged in excess of Federal Reserve notes issued
419,427
375,885
43,542
Total in vault
1920
6,060
1941
Kansas City
Minneapolis
1920
1929
1933
118,125
6,547
111,578
102,567
13,133
89,434
115,359
8,545
106,814
1941
1920
1929
1933
1941
81,386
1,888
79,498
73,920
7,064
66,856
97,784
4,888
92,896
213,129
6,619
206,510
3,000
10,052
3,455
10,702
11,425
18,329
13,052
1,653
11,200
14,157
29,754
In gold fund— Board of Governors
52,000
46,500
214,000
3,409
37,360
70,000
83,800
275,000
Total gold and gold certificates
Eligible paper.. _.
25,905
66,264
66,157
16,511
76,254
4,234
19,500
214,000
50
40,769
112,247
70,000
37,627
102,290
5,409
12,000
275,000
943
92,169
81,386
10,783
82,668
73,920
8,748
99,988
97,784
2,204
214,050
213,129
921
153,016
118,125
34,891
107,627
102,567
5,060
119,699
115,359
4,340
275,943
274,221
1,722
Federal Reserve notes:
Issued to Federal Reserve Bank by Federal Reserve Agent.
Held by Federal Reserve1 Bank_
In actual circulation
__
Collateral held as
Federal Reserve
Gold and gold
In vault—
274,221
10,643
263,678
security for Federal Reserve notes issued to
Banks:
certificates—
••
United States gold coin
Gold certificates
Total in vault
Total collateral held
Collateral required as security for Federal Reserve notes
Collateral pledged in excess of Federal Reserve notes issued
950
17,540
18,490
San Francisco
Dallas
1920
1929
1933
313,144
40,681
272,463
267,438
78,059
189,379
255, 863
42,809
213,054
780,266
80,527
699,739
10,120
10,454
35,000
67,500
23,500
5,000
35,000
.91,000
1933
1920
1929
Federal Reserve notes:
Issued to Federal Reserve Bank by Federal Reserve Agent. _
Held by Federal Reserve Bank
In actual circulation l
1_
84,754
5,301
79,453
56,785
9,838
46,947
48,883
5,995
42,888
Collateral held as security for Federal Reserve notes issued to
Federal Reserve Banks:
Gold and gold certificates—
In vaultGold bullion
_
United States gold coin
Gold certificates
4,331
13,000
4,223
Total in vault
*
In gold redemption fund
In gold fund—Board of Governors ..
Total gold and gold certificates. _
Eligible paper
U. S. Government securities
_
1941
149,933
14,662
135,271
1941
4,331
5 919
14,234
_
Total collateral held , .
Collateral required as security for Federal Reserve notes
Collateral pledged in excess of Federal Reserve notes issued
17,223
20,574
23,500
20,500
156,000
19,226
99,834
176,763
90,763.
789,000
24,484
70,943
40,723
22,357
41,074
9,766
156,000
119,060
199,670
211,763
73,907
181,763
19,085
65,000
794,000
95,427
84,754
10,673
63,080
56,785
6,295
50,840
48,883
1,957
156,000
149,933
6,067
318,730
313,144
5,586
285,670
267,438
18,232
265,848
255,863
9,985
794,000
780,266
13,734
5,000
1
Figures include Federal Reserve notes held by the United States Treasury and by any Federal Reserve Bank other than the issuing Bank
and are therefore different from the total of Federal Reserve notes in circulation shown for all Reserve Banks in Table 94.
354
BANKING AND MONETARY STATISTICS
N0.96-VOLUME OF OPERATIONS IN PRINCIPAL DEPARTMENTS OF FEDERAL RESERVE BANKS, 1920-1941
Year
Bills
purchased
Com- Currency
in open
mitreceived
Adand
market
Ad- ments
vances for own vances to make counted
account made indusmade
trial
advances
Appli- Notes
discations counted
Collection items Issues, redemptions,
handled
1 and exchanges by fiscal
ageney department
Industrial
advances
Bills discounted
Coin
received
and
counted
Cheeks
handled
United
States
Government
coupons
paid1
All
other
United
States
Government
direct
obligations
Transfer
of
funds
All
other
Number of pieces handled 2 (in thousands)
1920
(3)
1921
1922
1923
1924,,, ....
1925.......
( 33>
1,190
(4)
(3>
1,085,459
C3)
3
504,198 113,701
2,136
(3)
(3>
( )
168
129
116
1,435
841
782
583
475
(*)
(*)
(4)
4
(4)
( )
127
142
179
143
201
1,353,020
( )
1,424,849 1,945,453
1,722,877 2,076,075
1,838,279 2,186,737
1,947,419 2,329,014
574,921
638,634
697,502
742,878
778,686
98,501
81,694
64,662
50,471
44,174
3,575
4,722
5,732
6,113
5,467
42,067
24,753
5114,409
16,097
7,116
1926
1927..»....
1928
1929™.. = .,
1930
123
97
123
145
96
506
371
443
526
415
(4)
4
(4 )
( 4)
( 4)
232
254
251
196
208
2,099,605 2,590,057
2,194,608 2,691,184
2,270,555 2,929,091
2,427,330 3,239,709
2,441,989 3,325,555
822,907
862,275
887,997
924,449
904,975
39,678
37,045
28,765
20,935
19,362
5,595
3,909
6,461
«,504
6,388
4,691
7,201
6,682
1,833
1,412
1931.. ......
1932
1933........
1934........
1935........
109
178
81
15
5
513
779
296
30
8
C4)
(«)
221
76
79
7
2
2,269,292 2,900,462
2,025,552 2,654,787
2,013,459 2,497,928
.2 2,067,835 2,565,164
.6 2,148,485 2,590,859
864,615
734,538
688,933
818,847
885,190
17,322
17,710
18,099
21,555
22,633
6,927
7,468
8,371
7,436
7,119
2,431
1,956
3,502
5,281
6,838
1936.......
1937
1938........
1939..,.-..-.
1940..,.-...,
3
7
6
2
2
2
4
7
6
4
3
3
7
6
2
1
2,665,190
2,730,387
2,676,248
2,644,418
2,705,344
1,009,264
1,044,553
1,098,115
1,157,140
1,184,356
18,806
18,566
17,802
17,145
15,444
6,968
S,705
§,389
6,177
6,094
3
1
1,265,593 15,047
6,392
1941
( )
50
12
5
1
2
.2
.1
.5
1
2,232,980
2,257,892
2,089,987
2,134,908
2,248,290
.7
.2
.4
.2
.2
.3
.1
.2
.1
.2
.6
.2 2,529,703 3,216,761
732
( 33)
C3 )
1,080
1,190
1,413
1,503
1,566
C3 )
( 3>
(1
(33)
(8)
( a ))
(3
()
((33>)
( 33)
1,710
1,830
2,011
2,130
1,868
C)
3,742
1,663
1,469
1,290
1,125
982
27,919
3,892
3,456
3,528
3,752
1,538
661
575
1,162
4S5
051
980
853
814
780
13,479
411
840
Amounts handled (in thousands of dollars)
(5)
1920
85,320,874
(4)
3,218,364
(3)
48,979,205
1921
1922
1923
1924
1925
57,759,128
22,082,887
38,379,926
15,419,155
32,562,620
4
(4)
(4)
(4)
( )
(*)
1,534,401
1,954,688 ....... . _ . _ . _ _
2,547,010
2,172,142
2,961,170
9,223,815
8,602,185
10,306,411
10,777,306
11,556,980
130,482,253 772,330
(3>
221,871 160,472,450 759,124
308,051 207,719,529 761,731
293,924 219,832,179 719,784
467,732 258,611,276 680,921
4,267,651
4,768,971
5,900,520
5,509,093
6,116,958
18,527,752
14,135,914
8,433,891
6,708,272
5,578,995
(8)
(3)
(3)
(33 )
( >
50,936,519
70,553,465
78,867,108
98,359,028
109,430,683
1926
1927
1 928
1929 '
1930
37,682,137
31,934,607
62,4*2,961
60,747,124
14,067,117
(-)
(<)
( 44 )
()
(4)
3,353,326
4,050,867
4,240,669
3,587,478
3,873,698
12,584,960
12,939,578
13,315,551
14,782,429
14,262,809
475,033 272,945,160 $44,273 6,219,361
432,131 278,399,627 553,703 6,710,317
451,125 301,703,814 543,373 7,414,440
478,219 367,215,123 535,612 7,185,384
537,534 324,883,021 499,111 7,528,014
4,971,442
10,803,043
9,002,383
7,018,844
7,084,080
( 32)
120,1109,439
136,383,899
148,749,027
170;'?89,669
108,1180,880
7,964,399
2,998,415 ....... ....... 12,668,638
1931 „.._.. ...... 14,555,590
762,755
10,952,597
1932
18,648,306
809,263 8,823,545 898,001
11,710,364
1933 „
75,903 14,884 11,443 9,932,601
45,781 668,580
1934™_ —
31,446 28,479 29,223 9,837,681
1935
9,622 219,924
1936*.= — .
1937 . .
1938
1939
1940
6,886 160,714
16,187 516,852
10,4721 226,687
11,285
75,690
8,384
61,500
9,222
1941
1
2
115,956
25,207
25,252
2,781
2,133
8,519
4,932
6,5001
3,805
2,860
12,583 10,059,637
6,978 10,199,559
11,217 8,883,728
4,621 9,285,921
4,374 9,538,629
15,695 19,530 11,283,817
(3)
179,505,223 741,942 5,398,421
C)
ffl
(»)
(8)) i 162,095,081
(( ) 116,040,041
85,059,151
( ) 73,077,156
80,483,190
585,945 248,172,956 479,960 7,321,814 17,348,971
3
360,295 176,591,791 529,086 5,427,817 19,444,110
3
624,617 157,833,692 578,082 5,539,659 24,622,726
3
298,297 179,544,488 699,325 6,742,974 29,941,040
275,608 202,989,742 751,916 7,948,641 30,755,611 3,346,189
276,323 234,417,787
287,708 255,453,609
271,128 231,820,217
276,589 255,937,980
288,140 280,436,092
798,925 7,089,008 25,196,825 2,223,136
865,465 6,159,828 19,304,020 1,691,863
854,273 5,321,443 24,450,791 2,581,611
890,620 5,442,645 24,462,659 4,537,228
902,288 5,068,674 20,189,983 1,687,194
87,001,630
94,596,861
82,219,749
88,C80,756
92,105,910
327,555 362,069,226 926,960 6,003,082 33,278.154 3,262,012 118,423,057
Includes coupons from obligations guaranteed by the United States.
Two or more checks, coupons, etc., handled as a single item are counted as one "piece."
3 Not available.
.* Included in "notes discounted."
& Large increase due to redemption of war savings securities which matured January 1,1923.
|
FEDERAL RESERVE BANKS
355
NO. 97-VOLUME OF OPERATIONS IN PRINCIPAL DEPARTMENTS OF EACH
FEDERAL RESERVE BANK, 1921 AND 1941
Operation
Boston
1921
Bills discounted:
Applications
(a>
70
Notes discounted
Advances made
(4)
Industrial advances:
Advances made
Commitments to make industrial advances
14
Bills purchased in open market for own account...
142,316
Currency received and counted
Coin received and counted
_.__.___._
, _ . . C5)
50,830
Checks handled .
Collection items handled:
7,767
U. S. Government coupons paid6
319
All other
Issues, redemptions, and exchanges by fiscal agency
department:
3,823
U. S. Government direct obligations
All other
C2)
38
Transfer of funds. ..
._._.---..„-.
Bills discounted:
Notes discounted
Advances made
Industrial advances:
Advances made
Commitments to make industrial advances
Bills purchased in open market for own account- __
Currency received and counted
___ _
Coin received and counted
Checks handled
Collection items handled:
U. S. Government coupons paid 6
Allother
_
Issues, redemptions, and exchanges by fiscal agency
department:
U. S. Government direct obligations
All other
Transfer o f funds
_______________ ________
4,454,760
(4)
New York
1941
.1
.1
(3)
(3)
Currency received and counted
Coin received and counted
Checks handled
Collection items handled;
U. S. Government coupons paid 0
All other. .
Issues, redemptions, and exchanges by fiscal agency
department:
tJ. S. Government direct obligations
All other
Transfer of funds
...
4
21
150
208,092
387,723
110,233
775
370
26,126
1,430
966
7
20
8,923
.6
.2
.6
C )
47
411,515
671,985
105,215
3
(3)
( )
(2)
4
.3
.2
.3
71
( )
3
( ) '*
707,022
1,165,826
229,994
6
104,744
5
( )
54,296
185,500
365,351
116,212
4,733
1,950
8,782
221
C3)
<3)
(3)
17
54
(<)
.1
.1
^
"(")
116,934
£>».
167,575
180,936
148,508
1,077
318
9,132
244
1,786
340
8,368
881
3,746
3,701
247
13
(2)
(2)
182
214
59
55
Amounts handled (in thousands of dollars)
2,917
(2)
52
1,079
11
41
3,218,833
(4)
75
1,525
30,768,990
(4)
1,883
80,366
3,872,367
(4>
227
8,370
66,757
552,657
1,710,904
(2)
1,963,283
601,755
1,760,296
69,587
364,897
46,681
231,917
62,120
265,615
47,442
382,969
1,808,856 7,206,611 19,567,068
2,442,638
62,668
(2>
4,450,650 18,160,300 37,340,973
1,874,428
(2)
2,192,523
1,023,359
99,841
4,365,676
1,735,643
(2)
2,058,580
1,090,434
84,283
4,702,372
58,477
434,001
(2)
124
(*)
Atlanta
Chicago
1921 1941
1921 1941
Number of pieces handled I (in thousands)
(3J
(3)
(3)
(3>
312,873
1,580,526
28
158
(*)
52
246
C{)
(3
(*)
C33 )
.1
St. Louis
1921
| 1941
(3)
(3) '
,1
20
79
.1
(<)
C33 )
.1
()
(»)
(>
1
50,178
167,312
39,259
161,126
103,898
87,796
2
85,048
68,135
20,336
163,271
95,910
63,627
11
187,790
161,448
68,943
420,562
212,991
184,533
2
92,016
130,666
33,098
123,328
124,973
68,440
3,264
100
565
271
2,650
79
383
212
17,644
412
2,482
642
5,216
131
889
440
1,750
(2)
76
513
6,180
2,306
650
2,578
8
67
7
(2)
(!)
40
m
58
163
62
Amounts handled (in thousands of dollars)
2,333
(a)
80
639
11
61
1,609,024
(*)
6
5,615
Bills discounted:
34 4,168,477
149
2,749,671
9 1,647,255
Notes discounted .
3,208
346
1,144
Advances made
(4)
(*)
(*)
Industrial advances:
517
496
323
Advances made
1,878
1,406
1,817
Commitments to make industrial advances
22,128
138,276
25,345
Bills purchased in open market for own account...
693,118
454,145 ""569^797" 1,133,869 ~r§41~674~
333,535
Currency received and counted
_________
10,262
17,273
24,320
19,746
9,066
10,946
Coin received and counted
. -. .
8,620,887 20,410,680 4,378,840 19,812,319 14,054,405 51,063,327
Cheeks handled Collection items handled:
6
97,607
64,572
7,764
18,893
15,699
21,761
U. S. Government coupons paid
480,383
910,252
243,829
265,492
96,359
147,587
Allother
Issues, redemptions, and exchanges by fiscal agency
department:
315,209 1,765,445 5,935,477
638,428
369,521
643,474
U. S. Government direct obligations
304,841
45,531
38,359
Allother
_
(2)
(2)
Transfer of funds.- ___ __
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2,031,290 8,291,963 1,079,298 3,446,440 9,284,101 27,334,288
1
Two or more checks, coupons, etc., handled as a single item are counted as a single "piece."
3
Not available.
3 Less than 50.
' Included in "notes discounted."
e Figures for 1921 not available for Boston, Philadelphia, and Cleveland Reserve Banks; 1922 figures for these banks
Number
Amount
Boston
-.
--. 174,138,000
$18,442,000
Philadelphia
.............
183,478,000
23,545,000
Cleveland..
139,105,000
12,269,000
8
Includes coupons from obligations guaranteed by the United States.
Cleveland
1921
1941
1,369
3,684
25
378
1,365
2,819
1,205
2,106
87,844
799,813
92,353
211,703
766,822 "~799"3~66~
742,541 "~8I3;296~
862,200 ~"938^5§6~ 3,192,093 ~3;444~867~
124,163
13,344
99,118
31,643
31,969
(5)
11,651,345 22,509,298 36,397,633 97,404,120 13,497,573 35,339,122 11,500,534 39,958,520
Richmond
1921
1941
Bills discounted:
Applications
Notes discounted
Advances made
Industrial advances:
Advances made
Commitments to make industrial advances
Philadelphia
1921
1941
1921 1941
Number of pieces handled1 (in thousands)
500
1,609
20,187
495,761
428,327
13,441
14,115
5,605,465 19,939,722
30,405
190,104
16,175
436,999
741,401
(2)
2,455,721
771,586
36,226
5,591,639
are as follows:
BANKING AND MONETARY STATISTICS
356
NO. 97-VOLUME OF OPERATIONS IN PRINCIPAL DEPARTMENTS OF EACH
FEDERAL RESERVE BANK, 1921 AND Wl-Continued
Kansas City
Dallas
1941
1921
1921
1941
Number of pieces handled1 (in thousands)
Minneapolis
1941
Operation
1921
Bills discounted:
•Applications
Notes discounted
„._
Advances made
Industrial advances:
Advances made
Commitments to make industrial advances
Rills purchased in open market for own account
Currency received and counted
Coin received and counted
„„__- ..
Chcclcs handled
Collection items handled:
U S Government coupons paid 6
All other
...
... _
Issues, redemptions, and exchanges by fiscal agency
department:
U B Government direct obligations
All other
Transfer of f unds = „ „....,.... = ...,.„-.._.,...... - . „ ~
(2)
(2)
,1
.1
.1
109
O)
(3)
(«)
.2
25
147
.1
.8
.1
110
.2
1
.1
(*)
San Francisco
1921
| 1941
n 116 !
1s)
(3)
(*)
( 3)
(3)
25,276
13,416
23,706
45,117
32,973
37,075
38,515
. 67,261
58,246
80,576
85,922
75,722
47,098
47,430
28,038
70,726
80,158
63,591
3,588
282
452
957
4,352
136
808
374
1,358
87
277
279
8,622
134
1,933
(£)
23
415
8
29
523
574
543
22
5
(2)
87
114
65
63
Amounts handled (in thousands of dollars)
C)
37
51,590
18,636
43,338
6,407
(2)
101
(2)
Bills discounted:
730,662
Notes discounted
Advances made
„= ..
(*)
Industrial advances:
Advances made
Commitments to ma,ke industrial advances
Bills purchased in open market for own account,...
39
165,717
Currency received and counted
3,038
Coin received and counted
...
„.
2,942,362
Cheeks handled
Collection items handled:
14,347
U B Government coupons paid 6
131,130
All other
.. ,„„
.... ..
Issues, redemptions, and exchanges by fiscal agency
department:
245,520
U S Government direct obligations
All other
(2)
Transfer of funds^ „ . - „ „ « . , _ „ _ . _ _ . „ _ . _ .
. „ . _ . , _ 1,307,121
For footnotes see preceding page.
350
2,300
1,408
89
192,564
3,520
7,281,345
1,534
C2)
044,074
(*)
5,20§
2,102
6,945
2,789
5,558
320,102
331,237
10,658
10,199
8,980,368 15,174,124
.1
3
.1
(3)
j
771,997
(*)
1,125
1,653
123
664
237,472
254,948
7,527
21,901
4,797,267 12,140,627
198,808
380,100
79,802
820
239
1,187
5
59
2,S23,018
(«)
06
404
50
2,324
130,461
519,558
976,753
37,421
31,859
8,055,574 21,036,022
11,092
441,152
22,217
144,271
15,175
377,519
6,476
96,438
7,024
256,447
52,481
217,684
31,910
262,209
456,286
26,625
2,687,726
666,996
(2)
2,690,017
544,167
72,529
5,884,287
191,913
(»)
2,555,584
410,752
30,898
5,411,637
1,375,896
(2)
158,701
716,532
17,573
8,915,406
NO. 98-CURRENT EARNINGS, NET EARNINGS, AND DISPOSITION OF NET EARNINGS OF FEDERAL RESERVE BANKS, 1914-1941
[In thousands of dollars]
Disposition of net earnings
Current earnings
Paid to i TransDirect
Fnm- U. S. ferred Trans- charges
United Indus- CommitNet 1 DivieMse Treas- to BU> i ferred to
States trial ments to All
Purto
Total
Year
Displus surplus surplus
current earnings dends tax paid ury
counted chased Govern- ad- make in- other
to t. B. (Sec.
ment vances dustrial
paid
(See. 7) (Bee. 7)
(Sec.
earnings
bills
bills
2
Treasury 13h)
advances
securities
13b)
—141
218
172
538
2,173
1914-1915
1,218
245
1,026
6,971
48,348
80,768
149,060
1,561
4,952
11,940
13,995
22,020
1,107
2,368
3,828
5,761
7,141
1,524
1,837
3,408
1,857
3,076
2,751
5,218
9,580
16,128
67,584 52,716
102,381 78,368
181,297 149,295
1,743
6,802
5,541
5,012
5,654
2,704
60,725
109,599
. . 26,523
32,957
. _ ,. 15,957
18,011
5,234
5,629
9,371
5,710
9,104
6,254
16,683
7,444
14,712
12,783
1,779
1,664
937
1,961
1,903
122,866
50,499
50,709
38,340
41,801
82,087
16,498
12,711
3,718
9,449
6,120
6,307
6,553
6,682
6,916
59,974
10,851
3,813
114
59
1926, __ . ... .
1927
1928
1929
1930. ..... .......
22,737
17,011
38,334
47,844
10,672
10,003
9,206
13,021
12,063
6,081
12,589
14,206
10,828
8,163
17,274
2,271
2,601
1,870
2,885
2,397
47,600
43,024
64,053
70,955
36,424
16,612
13,049
32,122
36,403
7,988
7,329
7,755
8,458
9,584
10,268
818
250
2,585
4,283
17
1931
1932
1933
1934
1935
9,828
17,881
9,137
1,241
156
5,010
2,785
1,238
141
36
12,428
26,924
37,530
121
46,131
39,796 1,484
17
242
2,435
2,429
1,582 1
1,252
1,038 !
29,701
50,019
49,487
48,903
42,752
2,972
22,314
7,957
15,232
9,437
10,030
9,282 "Mil"
8>,874
8,782
8, -505
108
212
124
61
51
30
24
3
2
35,181 1,587
39,026 1,091
831
34,446
615
36,904
452
42,174
282
190
162
129
98
713
690 j
695
790
763 ;
37,901
41,233
36,261
38,501
43,538
8,513
10,801
9,582
12,243
25,860
7,830
7,941
8,019
8,111
8,215
227
177
120
24
82
103
67
-419
-426
-54
353
2,616
1,882
4,534
17,617
731
449
1,966
12,273
683
41,380
9,138
8,430
141
-4
571
133
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1936
1937
1938
1939
1940
.
. .
.
.,
1941
__ .
56
40,152
399
90
:::::::
1,134
48,334
•-* = --- 70,652
82,916
::::::::
:::::::
15,993
-680
2,545
"III" -3,078
2,474
""in:
1,134
8,465
5,044
— — - 21,079
22,536
-2,297
....... -7,058
11,021
-917
6,510
-60
607
27
298
500
139,299
Total 1914-1941.--... 665,891 149,404 532,005 6,580
1,210 45,638 Pi, 400,728 657,255 194,961 149,138 1,069 3»766 312,853 '155,350
1
Current earnings less current expenses, plus other additions and less other deductions.
2
The Banking Act of 1933 eliminated the provision in the Federal Reserve Act requiring payment of a franchise tax.
3 On December 31, 1941, surplus (Sec. 13b)—relating to funds received from the Secretary of the Treasury under Section 13b of the Federal
Reserve Act for the purpose of making loans to industry—amounted to $26,780,000 ($27,546,000 received from the Secretary of the Treasury minus
the S766.000 net debits shown here).
4
On December 31, 1941, surplus (Sec. 7)—accumulated pursuant to Section 7 of the Federal Reserve Act—amounted to 5157,503,000 ($312,853,000
retained net earnings, shown in preceding column, less $155,350,000 direct charges shown here). Direct charges represent amounts transferred to
reserves for contingencies except as follows: 1927, charge-off on bank premises: 1134, charge-off cost of Federal Deposit Insurance Corporation stock.
FEDERAL RESERVE BANKS
357
N0.99-DETAILED STATEMENT OF EARNINGS AND EXPENSES OF
EACH FEDERAL RESERVE BANK, 1941
Total
Item
Boston
Philadelphia
New York
Cleveland
Richmond
Atlanta
Current earnings
Total current earnings
$55,934
40,151,501
399,319
90,270
683,071
$1,516
2,963,907
53,846
3,286
22,576
$27,779
11,197,274
62,822
7,103
119,674
$4,325
3,179,419
138,284
1,086
21,048
$2,364
4,031,178
14,709
10,350
65,293
$655
2,281,196
47,030
9,678
25,788
$479
1,706,262
7,605
2,796
8,258
41,380,085
Discounted bills
.
U. S. Government securities
Industrial advances
Commitments to make industrial advances
All other
3,045,131
11,414,652
3,344,162
4,123,894
2,364,347
1,725,400
Current expenses
Operating expenses:
Salaries:
Officers
2,271,315
Employees. _
21,066,352
Retirement System contributions forcurrent service 1,136,930
Legal fees
66,087
136,664
Directors' fees and expenses ..
Federal Advisory Council, fees and expenses
16,139
Traveling expenses (other than of directors and
403,628
members of Federal Advisory Council)
Postage and expressage
4,487,685
Telephone and telegraph
540,975
1,455,582
Printing, stationery, and supplies
294,520
Insurance on currency and security shipments
Other insurance
197,042
1,498,243
Taxes on bank premises
1,189,978
Depreciation on bank building
Light, heat, power, and water
423,413
204,322
Repairs and alterations to bank building
Rent
169,236
Furniture and equipment
671,390
All other...
„
763,632
Net operating expenses.
Assessment for expenses of Board of Governors
Federal Reserve currency:
Original cost
Cost of redemption.
__„_
Total current expenses
497,272
5,330,013
288,775
7
12,637
876
124,211
1,445,372
77,986
7,067
8,940
1,050
183,835
1,799,898
94,162
12,319
7,998
1,081
147,470
1,098,241
61,874
7,983
767
142,612
1,107,909
60,924
17
15,225
903
23,302
502,260
24,818
142,951
46,674
11,835
141,705
55,832
31,583
5,001
1,500
40,543
55,185
53,550
771,173
105,115
346,046
52,578
30,342
483,387
222,772
82,652
37,125
20,386
92,065
95,453
29,552
333,009
35,053
102,045
23,313
16,417
77,617
126,532
28,563
28,172
811
122,927
87,236
35,444
422,594
50,440
117,411
25,659
14,606
136,938
147,840
47,267
17,193
74,274
109,082
56,250
29,500
378,579
31,300
75,196
28,229
11,594
71,343
80,411
25,207
4,393
18,257
* 40,055
36,296
33,538
266,379
48,222
77,232
17,862
15,140
62,081
42,549
35,273
8,527
644
28,719
61,564
2,588,812
8,522,224
2,675,873
3,354,291
2,146,695
2,025,320
8,457,586
448,290
1,761,546
392,723
462,972
350,411
751,123
28,535,547
1,839,541
2,140,522
131,552
6,760,678
653,498
2,283,150
178,866
2,891,319
168,821
1,796,284
79,084
1,274,197
63,664
2,397,298
190,764
225,728
12,535
524,955
35,629
170,747
12,934
281,493
18,802
193,115
17,464
127,183
14,051
32,963,150
Total operating expenses
Less reimbursements for certain fiscal agency and
other expenses.
129,810
1,273,496
63,701
30,395
7,271
950
2,510,337
7,974,760
2,645,697
3,360,435
2,085,947
1,479,095
36,993,133
Profit and loss
Total additions
Deductions from current net earnings:
Losses and allowances for losses on industrial
advances (net),,.
Charge-offs and special depreciation on bank
premises
,
Allother
...
3,045,131
2,510,337
11,414,652
7,974,760
3,344,162
2,645,697
4,123,894
3,360,435
2,364,347
2,085,947
1,725,400
1,479,095
534,794
3,439,892
698,465
763,459
278,400
246,305
1,327,171
147,627
96,645
17,187
386,051
9,099
110,404
13,810
132,273
50
69,594
8,261
56,036
70,652
1,474,798
Current net earnings
Additions to current net earnings:
Profits on sales of U. S. Government securities
All other...
41,380,095
32,963,150
8,416,945
Current earnings (above). ....
Current expenses (above).. ....
113,832
395,150
124,214
132,323
77,855
126,688
97,540
^23,600
15,735
4,141
39,254
49,812
12,474
600,357
56,265
1,419
479,889
3,056
3,242
11,157
7,784
25,190
754,162
40,673
532,757
768
212^,443
23,519
29,331
720,636
73,159
-137,607
123,446
144,766
54,336
97,357
9,137,581
607,953
3,302,285
821,911
908,225
332,736
343,662
141,465
8,429,936
-4,333
570,513
3,134
561,233
3,097,873
81,360
713,446
15,458
869,942
13,808
330,180
289,109
43,586
204,412
27,105
22,825
-11,252
54,553
Surplus (Sec. 7), January 1
Addition, as above..
Transferred to reserves for contingencies
.157,065,064
570,513
-132,696
10,905,746
43,586
56,446,989
204,412
15,144,298
27,105
14,322,790
22,825
5,247,219
-11,252
5,724,628
54,553
-54,553
Surplus (Sec. 7), December 31 ..
157,502,881
10,949,332
56,651,401
15,171,403
14,345,615
5,235,967
5,724,628
14,083
246
13,837
924
11
913
3,095
41
3,054
944
11
933
1,157
20
1,137
794
19
775
885
23
862
Total deductions
Net additions , ,
Net earnings...
_„_
._
_
_
Paid U. S. Treasury (Sec. 13b) . .
..
Dividends paid
Transferred to surplus (Sec. 13b)
Transferred to surplus (Sec. 7) . ..
Number of employees, December 31
Officers
Other
_. _
For footnotes see end of table, p. 358.
BANKING AND MONETARY STATISTICS
358
NO. 9$-DETAILED STATEMENT OF EARNINGS AND EXPENSES OF
EACH FEDERAL RESERVE BANK, 1941-Continued
Chicago
Item
St. Louis
Minneapolis Kansas City
Dallas
Ban Francisco
Current earnings
„_„
Total current earnings.,
._
$1,236
4,884,837
17,323
4,955
180,744
$1,243
1,935,696
3,015
4,179
21,763
$2,649
1, 19-1,362
20.791
416
8,019
$9,772
1,908,346
8,504
448
155,410
$3,375
1,548,048
12,147
274
12,770
$541
3,323,970
13,243
45,699
41,728
...
Discounted bills
U. S. Government securities Industrial advances
Commitments to make industrial advances
All other... ..
.............
5,089,095
1,965,896
1,223,237
2,082,480 | 1,576,614
3,425,187
..
Current expenses
Operating expenses:
Salaries:
Officers
EmployeesRetirement System contributions for current service
Legal fees
Directors' fees and expenses ,.
.
Federal Advisory Council, fees and expenses
Traveling expenses (other than of directors and members of
Federal Advisory Council)
„
„_
Postage and expressage. _.
Telephone and telegraph... „ _ _ _
_«,_„
._
Printing, stationery, and supplies
Insurance on currency and security shipments Other insurance . „ .
Taxes on bank premises-.....,,
_„ .
Depreciation on bank building
Ligot, heat, power, and water „
Repairs and alterations to bank building
Rent.
_ _ _ „ „ _ _ _ _Furniture and equipment
All other... „„...„_..„.„„.._____
.
Net operating expenses. . .
Assessment for expenses of Board of Governors. _.,_.
Federal Reserve currency:
Original cost Cost of redemption
_• _ _
„
Total current expenses
„.
_ -
175,648
1,122,214
64,918
163
10,816
1,350
110,669
711,159
39,823
9,667
10,067
1,397
167,253
1,198,782
67,184
2,179
19,753
1,490
130,535
1,283,641
61,399
24
10,414
1,395
£27,034
1,741,205
99,368
4,047
16,362
3,350
55,241
566,618
40,411
198,464
32,748
17,337
181,786
80,954
46,554
21,783
1,656
65,725
105,406
28,301
213,495
42,293
87,542
7,859
15,246
52,501
52,009
28,644
9,546
3,491
27,572
49,176
25,809
161,837
. 23, 432
57,204
8,741
13,841
66,923
29,578
19,806
15,369
990
26,629
47,571
24,224
254,971
45,691
69,782
10,688
18,854
94,583
178,767
19,034
15,805
25
30,138
43,205
25,645
215,669
39,861
67,488
10,232
14,138
33,717
90,219
31,902
11.910
390
27,660
55,317
39,522
401,101
54,339
114,221
29,937
17,692
95,662
82,515
26,928
29,498
46,812
60,275
70,973
4,771,817
1,189,924
1,992,784
548,115
1,380,512
395,104
2,262,408
564,111
2,111,556
871,414
3,160,841
721,853
3,581,893
221,803
1,444,669
55,265
985,408
40,615
1,698,297
52,576
1,240,142
53,913
2,438,988
139,884
393,103
30,735
100,715
8,722
44,141
5,265
57,635
8,468
62,678
7,597
215,805
38,562
4,227,534
Total operating expenses- -„
Less reimbursements for certain fiscal agency and other expenses.
234,966
2,954,422
156,810
202
9,198
1,530
1,609,371
1,075,429
1,816,976
1,364,330 j
2,8:13,239
Profit and loss
5,089,095
4,227,534
Total additions
Deductions from current net earnings:
Losses and allowances for losses on industrial advances (net)
Charge-offs and special depreciation on bank premises
Allother. . „
.„.„„
Net earnings,. _.
_
1
Net recoveries.
147,808
265,504
212,284
611,948
60,214
313
40,889
17,230
64,578
1,520
51,077
3,549
111,515
4,790
60,527
58,119
66,098
54,626
116,305
7,794
16,024
n^ooo
4,854
157
120,468
309
2,809
31
385
726
120,777
7,663
31
8,179
16,750
-60,250
50,456
66,067
46,447
99,555
1,024,465
296,275
198,264
331,571
258,731
711,503
271,913
-501
60,159
257,158
703,764
17,984
1,573
7,739
27,215
896,766
490
179,790
100,484
_
258,762
-3,832
41,345
22,824,268
100,484
Surplus (Sec. 7), January 1
Addition, as above,. _ _ _ _ _ „ _ „ _ ...,
Transferred to reserves for contingencies
Number of employees, December 31
Officers..
Other.-.
___.„_„___„_,.„_„_
356,525
162,904
_
Paid U. S. Treasury (Sec. 13b)
Dividends paid.
..__.-.._._._
Transferred to surplus (Sec. 13b)
....
Transferred to surplus (Sec. 7).....
Surplus (Sec. 7), December 31
3,425,187
2,813,239
13,843
._..._ _. . --.„
.._ _ „ _ .
1,576,614
1,364,330
2
Total deductions, _...,._.
Net additions
2,082,480
1,816,976
147,895
1,166
,
1,223,237
1,075,429
149,061
Current net earnings ._ _ __
Additions to current net earnings:
Profits on sales of U. S. Government securities
All other
.„..„.
1,965,896
1,609,371
861,561
Current earnings (above), _ „ _ _
Current expenses (above)
4,924,976
41,345
3,152,420
17,984
-17,984
3,612,681
60,159
-60,159
3,974,490
1,573
10,784,559
7,739
22,924,752
4,966,321
3,152,420
3,612,681
3,976,063
10,792,298
1,996
25
1,971
824
21
803
590
13
577
831
19
812
757
. 16
741
1,286
27
1,259
s
Netadditicn.
S E C T I O N 10
MEMBER BANK RESERVES, RESERVE BANK CREDIT,
AND RELATED ITEMS
Page
Text
360
Table 100. Member bank reserves, reserve bank credit, and related items, annual averages of
daily figures, 1914-1941
368
Table 101. Member bank reserves, reserve bank credit, and related items, monthly averages of
daily figures, August 1917-December 1941
369
Table 102. Member bank reserves, reserve bank credit, arid related items, end of month figures,
1914-1941
373
Table 103. Member bank reserves, reserve bank credit, and related items, Wednesday figures,
1922-1941
Table 104. Member bank reserves, reserve bank credit, and related items, call dates, 1914-1941.
Table 105. Member bank reserve balances, required reserves, excess reserves, and borrowings,
by class of bank, monthly, 1929-1941
Table 106. Member bank borrowings at Federal Reserve Banks, by selected groups of banks,
monthly, 1919-1934
Table 107. Member bank reserve requirements, June 21, 1917-December 31, 1941
Table 108. Changes in central reserve and reserve city designations, 1914-1941
378
395
396
399
400
401
S E C T I O N 10
MEMBER BANK RESERVES, RESERVE BANK CREDIT,
AND RELATED ITEMS
Statistics in this section relate to the sources
and uses of reserve funds of member banks.
These data have been developed by the Federal
Reserve System for,use in the determination of
Federal Reserve credit policy. Federal Reserve
Bank rates and margin requirements, which are
also directly related to Federal Reserve credit
policy, are presented in Section 12, "Money Rates
and Security Markets."
The ability of member banks to make loans or
investments and their attitude in the matter are
influenced by the availability to them of reserves
and by the method through which these reserves
are obtained. The aggregate amount of reserves
of all member banks in relation to aggregate
reserve requirements, or in relation to borrowings necessary to maintain reserves at the required level, is a dominant factor in the trend
toward credit expansion or contraction. There
are important differences in cost, in liability,
and in attitude of the banks between reserves
obtained at the banks' initiative by discounting
paper and reserves obtained through openmarket operations by the Reserve Banks, the
inflow of gold from abroad, or other means outside the control of the member banks themselves.1
For a number of years the Board of Governors
of the Federal Reserve System and the Federal
Reserve Banks have employed a method of presenting in the form of a balanced statement
figures which show the various currency and
credit elements that influence or correspond to
increases or decreases in the supply and use of
member bank reserves.2 This combined statement is derived from Federal Reserve Bank condition statements and from Treasury circulation
statements of United States money and is organized in such a manner as to define the channels
connecting banking and monetary developments
of the country with the Federal Reserve Banks.
i A- \n. m i n i m i \ijnvt-i33iim MI this nuujcvb !Mr»; pttpfis uii "Money
For further discussion of i-jiifi subject see papers on ivioney
System of United States," "Instruments of Credit Policy," "System
of
"*—*-..,..-*- - • • Organization: Determination of Credit Pulley," and "Monetary
Controls" in Banking Studies, a publication of the Board of
Governors,
2
The balanced statement in which statistic
m the book Federal Reserve System in Operation, by E. A.
Goldenwci.ser, published in 1925. Monthly averages of daily figures
were presented in the Bulletin during 1926. The analysis was expounded, with special reference to the relation between currency
Figures for this consolidated statement are
presented in Tables 100-104 of this section.
Tables 100 and 101 include data in the form of
averages of daily figures—annual averages in
Table 100 and monthly averages in Table 101.
End of month figures are shown in Table 102,
Wednesday (weekly) figures in Table 103, and
call date figures in Table 104. Current statistics
are available in the Board's weekly "Statement
of Condition of the Federal Reserve Banks" and
are published each month in the Federal Reserve
Bulletin. Supplementary data on member
bank borrowings, reserves, and reserve requirements are shown in Tables 105-108 of this book.
The following tabulation gives the various
items which comprise the statement, together
with the amount of each on June 30, 1941:
[In millions of dollars]
Factors supplying reserve funds:
Reserve Bank credit outstanding—total—..........
2,287
Bills discounted
2
Bills bought
0
Industrial advances
—.
9
United States Government securities.
2,184
Qttier Reserve Bank credit
72
Gold stock
22,624
Treasury currency
3,149
Factors using reserve funds:
Money in circulation
9,612
Treasury cash
2,275
Treasury deposits with Federal Reserve Banks . . . . .
980
Nonmember deposits
1,831
Other Federal Reserve accounts.
,
260
Member bank reserve b a l a n c e s . . . . . . . . . . . . . . . . . . . . . . .
13,051
Estimated required reserves —
7,841
Estimated excess reserves.
5,210
These items form a consolidated statement,
combining the "Statement of Condition of the
Federal Reserve Banks" with such items in the
Treasury "Circulation Statement of United States
Money" as have a direct relationship to the supply of or demand for reserve funds. All of the
items except required and excess reserves are derived from these two statements. The need for
combining the Federal Reserve Bank statement
with the circulation statement for the purpose
and Reserve Bank credit, in the Bulletin for July 1926 in an
article entitled "Currency under the Federal Reserve System."
In the September 1927 Bulletin the analysis was extended to
include minor items and was published with full explanation
and detailed figures; it was published again with further
changes in the July 1929 Bulletin, pp. 427-33. The anally M H was
• used in a book by Winfield W. RieHer, Money Rates and Money
Markets in the United States, published in 1930, with the first complete description of the methods used in deriving the Sigim's as an
appendix to that book. A later description of the figures, which
took account of changes in the significance of the items, ;in the
arrangement of the statements, and in the content of individual
items, appeared in the July 1935 Bulletin, pp. 419-29. That
description is now further revised and amended by the oni* here
presented. In May 1930 the Board inaugurated regular weekly
(publication of the figures on the first page of the Board's weekly
(
"Statement of Condition of the Federal Reserve Banks"; the
fi
figures are also published each month in the Federal Reserve
H
Bulletin. They appear in chart form in the Bulletin and in Federal
R
Reserve Chart Book I.
360
MEMBER BANK RESERVES AND RELATED ITEMS
here in view arises from the fact that the Treasury has important monetary and currency functions that have a direct effect on the volume
of member bank reserves. These two basic
statements for June 30,1941, are given in slightly
condensed form in Tables A and B at the end
of this text, page 367, together with other tables
which show the calculations by which the two
statements are consolidated into one.
The following explanation of the consolidated
statement starts with a discussion of trie interrelation of the different items; this is followed
by a brief explanation of the source and nature
of each item, classified by "Factors Supplying
Reserve Funds" and "Factors Using Reserve
Funds."
INTERRELATIONSHIP OF ITEMS
The sum of the three items—total Reserve
Bank credit, gold stock, and Treasury currency—
equals the sum of the other six items—money in
circulation, Treasury cash, Treasury deposits
with Federal Reserve Banks, nonmember deposits, other Federal Reserve accounts, and member bank reserve balances. The first three items
may be considered as primary sources of reserve funds and the others as reflecting uses
made of these funds.
Each of the items, however, represents factors
which may result from different influences and
which may set into operation different forces.
For some of them changes are primarily and
directly caused by actions of the member banks
or the Federal Reserve Banks, while for others
changes are the result of influences not directly
controlled by member banks or Reserve Banks.
In the latter category belong gold movements,
money in circulation, Treasury cash, and
Treasury deposits with Reserve Banks, in all of
which the member banks and the Reserve Banks
are primarily passive. On the other hand, member banks are the active element in such cases as
an increase in required reserves arising from a
growth in deposits caused in turn by an expansion of loans. In connection with such changes
as the purchase of securities in the open market
the Federal Reserve Banks supply the active
element.
Bills discounted, representing borrowings of
member banks at the Reserve Banks, formerly
were the most significant element in the statement, and changes in the various factors were
usually reflected in changes in member bank
borrowings. When member banks have used all
available reserves, any increase in required reserves resulting from an expansion of deposits
makes it necessary for member banks to borrow
from the Reserve Banks or to liquidate assets.
361
Banks do not like to be in debt; and, therefore,
when a member bank is borrowing, it feels under
pressure to liquidate assets or, at least, is discouraged from extending' credit. When one bank
sells assets, reserves are drawn from some other
bank or banks, which in turn may have to
borrow. This pressure is indicated by the close
correlation that existed in the 1920's between
member bank borrowings and interest rates—
particularly open-market rates. For these reasons the figures for member bank borrowings
were particularly significant during most of the
history of the Federal Reserve System, that is,
until about 1932.
Under conditions prevailing in more recent
years, when member banks have been almost
entirely out of debt at the Federal Reserve
Banks, changes in the various factors have been
.reflected in the reserve balances of member
banks, rather than in their borrowings. There
are nearly always some banks that hold a small
amount of reserves in excess of requirements,
but in the summer of 1931 and beginning with
April 1932 excess reserves held by member banks
have been large and widely held, and since about
the end of 1933 member bank indebtedness at
the Reserve Banks has been small in amount
and confined to relatively few banks. When a
number of member banks are borrowing at the
Reserve Banks, and at the same time a large
number are out of debt, as in 1931 and from
April 1932 to the latter part of 1933, changes in
the various reserve factors are reflected in part
in borrowings and in part in excess reserves.
As a consequence of the changed situation in
recent years, member bank reserve balances, or
more particularly excess reserves, rather than
volume of discounts have become the most significant element in the statement. Increases in
those items shown in the statement as factors
supplying reserves—the various types of Reserve
Bank credit, gold stock, and Treasury currency
—have had the effect of increasing member bank
reserve balances, other factors remaining unchanged, while decreases in these items have reduced reserve balances. On the other hand, increases in the second group of items—money in
circulation, Treasury cash, Treasury deposits
with Federal Reserve Banks, nonmember deposits, and other Federal Reserve accounts—have
resulted in reductions, and decreases in these
items have resulted in increases, in reserve
balances.
Federal Reserve Bank open-market purchases
of bankers 7 acceptances or of Government securities have the effect of supplying member banks
with reserve funds and enabling them to increase
their reserve balances or, when they are in debt,
BANKING AND MONETARY STATISTICS
362
to reduce their borrowings. Conversely ^ a reduction in Reserve Bank open-market holdings
absorbs member bank reserves and, in the absence of excess reserves, may force member
banks to borrow from the Reserve Banks. An
increase in gold stock or in Treasury currency
also enables member banks to repay borrowings
or to increase reserve balancesl while decreases
in these items in the absence of excess reserves
result in increased borrowings. Increases in the
items shown in the second group—money in circulation, Treasury cash, Treasury deposits with
Federal Reserve Banks, nonmember deposits, and
other Federal Reserve accounts-—reduce reserve
funds and hence may bring pressure on banks to
liquidate assets or to borrow, while decreases in
these items enable member banks to reduce their
borrowings or to increase their reserve balances.
The following table shows changes in the various items of the statement from June 29, 1940,
to June 30, 1941, arranged in accordance with
their effect upon member bank reserves. This
form of table is useful in analyzing the effect of
changes that occur in any period of time.
SUPPLY AND USE OF MEMBER BANK RESERVE FUNDS
[In million of dollars]
June 29, 1940—
June 30, 1941
Item
Changes
that
added to
reserves
Changes
that
reduced
reserves
Items, increases in which add to reserves:
Reserve Bank credit..
„-..._„- _ _ . _ „ _ ...
+2,661
Gold stock
Treasury currency _ _ « , _ _ , _ „ _ _ _ „ „ „ _ _ _ _ _ _ __ _ . .
+136
Items, increases in which reduce reserves:
Money in circulation
Treasury cash „«,«,«,__«,„_„ .„. ...
„__,_«,
Treasury deposits with Federal Reserve Banks
Nonmember deposits
Other Federal Reserve accounts... _.-_.„„..„.
+1,764
+89
+746
+633
+29
2,797
3,525
Total..— _ — - ——__-—".. — — — — — Net change in member bank reserve balances „_.,=_
Net change in estimated required reserves
Net change in estimated excess reserves.
„„.-„_
-264
-730
+917
-1,647
Various tables in this section include statistics
relating to member bank borrowings (shown as
bills discounted), Reserve System open-market
operations (shown as holdings of United States
Government securities and of bills bought),
and member bank reserve balances—total and
excess. All of these items are included in Tables
100-104, which show aggregates for the country
as a whole. Table 105 gives monthly figures of
totalj required, and excess reserves and borrowings of member banks from the Reserve Banks,
1929-1941, for member banks grouped according to their classification for reserve purposes: i.e., central reserve city banks in New
York City and Chicago, reserve city banks, and
country banks. Similar data by Federal Reserve
districts are shown in Part II? Table 318. Additional statistics on borrowings from 1919 through
1934 are shown in Table 106 by three groups of
member banks: weekly reporting member banks
in New York City, those in 100 other leading
cities, and all other member banks.
FACTORS SUPPLYING RESERVE FUNDS
Reserve Bank credit. The total volume of
Reserve Bank credit outstanding represents
principally the loans and investments of the Federal Reserve Banks. The various types of Reserve Bank credit in use on June 30, 1941, are
shown in Table C, page 367, and are discussed
below. Additional information and statistics on
the various types of Federal Reserve credit appear in the text and tables of Section 9, "Federal
Reserve Banks."
Bills discounted represent principally rediscounts for and advances to member banks,
which borrow in order to maintain adequate reserves. At times this item also includes loans on
gold to foreign central banks, and advances to
nonmember banks, to Federal intermediate
credit banks, and to individuals, partnerships,
and corporations.
Bills bought represent bankers' and trade
acceptances purchased by the Federal Reserve
Banks from bill dealers or banks, either outright
or under resale agreements, and acceptances payable in foreign currencies purchased from foreign
central banks and guaranteed by them. Reserve
Banks generally purchase all bills of satisfactory
quality offered at their established buying rate.
The rate may be so established in relation to
market rates as to encourage or discourage offerings. Member banks needing reserves generally
prefer to sell bills, if they have them, rather than
to borrow. In recent years the state of the bill
market and the reserve position of member banks
have been such that the Reserve Banks have not
been called upon to purchase acceptances^ and
none are included in the statement given in
illustration. Most of those held since 1985 have
represented bills bought abroad in connection
with credits to foreign central banks.
Industrial advances represent advances made
for the purpose of providing working capital
to industrial and commercial concerns in accordance with the provisions of Section 13b of
the Federal Reserve Act, enacted June 19, 1934.
The amounts of such advances outstanding
have been relatively small and in Tables 100104 of this section figures for industrial advances are not shown separately, but are included
in "all other" Reserve Bank credit. Such ad-
MEMBER BANK RESERVES AND RELATED ITEMS
'vances have the effect of supplying member
banks with reserve funds.
United States Government securities are purchased by Federal Reserve Banks in the open
market upon their own initiative. Since 1922
most of these securities have been held in a
System investment account, which is participated in by all of the Federal Reserve Banks.
Purchases may be made for the purpose of
supplying needed reserve funds to member
banks or, as has sometimes been the case in
recent years, to maintain an orderly market
for Government securities.
The types of
issues purchased by the Reserve Banks sometimes have significance from these different
viewpoints. Table 103 shows beginning with
1937 a breakdown of such holdings by those
maturing within five years and those maturing
after .five years. Other breakdowns for selected
dates are given in Table 91, page 343.
Beginning in 1942, in order to encourage bank
purchases of short-term Government securities,
the Reserve Banks offered to'buy at a stated rate
all Treasury bills offered and to resell upon request to the selling bank at the same rate. Thus
Federal Reserve security purchases were placed1
to that extent at the initiative of the banks, as
is the case with bankers' acceptances.
Other Reserve Bank credit, as shown in the
published weekly statement, includes funds
held on deposit in foreign banks; other securities,
such as Federal intermediate credit bank debentures and municipal warrants; and finally,
Federal Reserve Bank float.8 This item also included Government overdrafts during the years
1917-1920. As indicated above, industrial advances have been combined with other Reserve
Bank credit in the tables in this section.
Gold stock. Gold is the largest basic source
of member bank reserve funds and has been the
most important single factor influencing reserves
and borrowings of member banks over extended
periods of time. Gold stock, the first item in
Table B, page 367, includes at the present time
only gold held by the Treasury. Prior to January 30, 1934, the monetary gold stock included
gold held by the Treasury and by the Federal
Reserve Banks (except gold held under earmark
for foreign account) and also gold coin in circulation in the United States. The latter
figure was estimated by taking into consideration
imports and exports qf gold coin, mintings, melt* Federal Reserve Bank float arises through transit items that are
credited to the accounts of depositing banks prior to actual
collection by the Reserve Bank. Float is usually positive because
the actual collection often takes longer than the official schedule,
whereas, with the slower schedule which was in effect prior ^ to
September 1, 1939, it was occasionally negative because collection
was faster than the schedule, particularly when there was a bank
holiday in some Federal Reserve districts but not in others.
363
ings, and the use of gold coin in the arts, as well
as payments of gold coin into circulation and
withdrawals from circulation. On January 30,
1934, title to all gold held by Federal Reserve
Banks was transferred to the United States Government. The Federal Reserve Banks now hold
gold certificates, or gold certificate credits on the
books of the Treasury, against which the Treasury holds gold. There is no circulation of gold
coin, and all imports, exports, and changes in
earmarkings of gold are immediately reflected
in Treasury holdings. For a further discussion
of gold statistics see Section 14 of this book.
Beginning January 31, 1934, the estimated
figure of gold coin in circulation, amounting to
287 million dollars, was excluded from monetary
gold stock and from money in circulation.4 Figures prior to January 31, 1934, and subsequent
to 1913, were revised to exclude the 287 million
dollars of gold coin, leaving the remainder of
gold coin in circulation in the published figures.
For the earlier years the resulting figure is probably an understatement of gold coin actually in
circulation, but short-term fluctuations in the
total are not materially affected by this revision.
Treasury currency. Changes in Treasury currency have the same effect on bank reserves and
borrowing as changes in gold stock. Treasury
currency represents the stock of money for which
the Treasury is primarily responsible, This
item comprises standard silver dollars, silver
bullion against the pledge of which silver certificates and Treasury notes of 1890 are outstanding, subsidiary silver and minor coin, United
States notes, and those national bank notes and
Federal Reserve Bank notes for the retirement
of which funds have been deposited with the
Treasurer of the United States. Since March 1,
1935, all Federal Reserve Bank notes outstanding have been in this category.5
4
The reasons for this change were as follows: (1) The amount
'of gold coin previously reported as "in circulation" is known to
have been overstated during recent years by the amount of such
coin that in course of time had been lost, destroyed, or exported
without record; (2) the results of official efforts during the first
World War to concentrate gold and since March 1933 to secure
its return from private hoards have indicated that the overstatement has been large; (3) the Treasury order of December 28, 1933,
requiring surrender of all gold coin (with minor exceptions) in
effect prohibits anyone from using gold coin for circulation or from
having it in his possession; and (4) under the Gold Reserve Act of
1934, effective January 30, no gold coin may henceforth be put into
circulation. Gold coin outside the United States Treasury,
therefore, is no longer a part of gold stock or of money in
circulation.
5
Federal Reserve Bank notes outstanding during the periods
March-December 1916, June 1917-May 1924, and March 1933March 1935 which were not covered by lawfuL money deposited
with the Treasury were liabilities of the Federal Reserve
Banks and, therefore, were not Treasury currency. The Federal
Reserve Bank notes issued in December 1942 and early in 1943
never were reported as liabilities of the Federal Reserve Banks, since
deposits of lawful money were made with the Treasurer of the
United States for their retirement on the same day the notes
were issued to the Federal Reserve Banks. For further comment
on Federal Reserve Bank notes, see pp. 328 and 406.
364
BANKING AND MONETARY STATISTICS
National bank notes, formerly issued by
national banks upon pledge of Government
bonds, were liabilities of issuing banks until lawful money was deposited with the Treasury for
their retirement. Since August 1? 1935, there
have been no bonds bearing the circulation privilege, and liability for all national bank notes
has rested with the Treasury. Both Federal Reserve Bank notes and national bank notes are
being retired as they are returned to the
Treasury. For the sake of simplicity, those national bank notes outstanding prior to 1935 which
were not covered by lawful money deposited
with the Treasury and were, therefore, liabilities
of the national banks are included in Treasury currency, which was formerly called Treasury
and national bank currency. Treasury currency does not include Federal Reserve notes,
gold coin, or gold certificates.
The various items comprising Treasury currency are shown, as of June 30? 1941, in Table
D at the end of this text and monthly, 19191941, in Table 114, page 419. The outstanding
amounts include the currency of these kinds that
is held in the Treasury and the Federal Reserve
Banks as well as that in circulation.
FACTORS USING RESERVE FUNDS
Money in circulation. Since member banks
obtain money to hold or pay out to customers
by drawing on their reserve balances, increases
in money in circulation cause corresponding decreases in reserve balances, and decreases in
money in circulation have the opposite effect.
The figures for money in circulation include all
kinds of United States money outside of the Reserve Banks and the Treasury, with the exception that gold coin and silver coin known to have
been exported have always been excluded and
beginning with January 31, 1934, all gold coin
outstanding has been excluded. Detailed items
are shown in the last column of Table B, page
367. The figures include not only money held by
the public but vault cash held by banks and such
United States money as may have been carried
or shipped abroad, other than gold and silver
coin known to have been exported. For reasons
explained above in connection with gold stock,
figures previously published for the period from
January 1914 to January 1934 have been revised
to exclude 287 million dollars of gold coin.6
Changes in currency in circulation reflect the
demands of the public for cash money, principally for current payments, and at times for the
6
No correction was made in the money in circulation figures for
the discontinuance of circulating gold certificates, since the reasons
for the elimination of gold coin figures do not hold as regards gold
certificates: (1) Gold certificates resemble in this respect other types
holding of savings. Currency in circulation
generally shows wide seasonal swings and has
had an important influence on short-time changes
in bank reserves and borrowings. In recent
years a continued growth in the volume of currency in circulation has also absorbed a substantial amount of bank reserves. Additional
statistics of currency in circulation appear in
Section 11.
Treasury cash and deposits with Federal
Reserve Banks. These items represent the funds
which the Treasury has at its disposal without
drawing on its balances with depositary banks.
When the Treasury builds up its cash or its deposit balances with the Reserve Banks by obtaining funds through taxes or borrowing from the
public or the banks, bank reserves are reduced;
when the Treasury spends these funds, reserve
balances are increased. Fluctuations in Treasury
cash and deposits with Reserve Banks have recently occurred primarily as a result of irregular
Treasury receipts accompanying more regular
and gradual variations in expenditures, this difference being partially reflected in sharply
changing Treasury deposit balances at the Reserve Banks.
Treasury cash includes gold bullion, silver and
minor coin, and currency held in the Treasury,
except (a) gold held against gold certificates,
(b) silver held against silver certificates and
Treasury notes of 1890, and (c) prior to January
31, 1934, gold held for Federal Reserve Banks,
The various components are shown in Table E,
page 367.
The item of Treasury cash was increased by
2.3 billion dollars after the close of business on
January 31, 1934, as a result of reduction in the
gold content of the dollar.7 Since the value of
the gold stock was correspondingly increased at
the same time, this transaction in and of itself
of hoarded currency rather than gold coins; gold certificates eontinue to come back from circulation, whereas there is no corresponding return flow of gold coin. (2) On June 29, 1940, about
30 million dollars of the old large-size series gold certificates were
outstanding; thus the maximum adjustment of gold certificates in
1929, when issuance of large-size currency was discontinued, would
be- 30 million dollars, and since this figure is constantly being reduced,
a smaller amount would have to be chosen. (3) Until the currency
disorders of the European countries in the post-war period gold
certificates were seldom exported or imported; consequently, there
is no presumption of error in the circulation figures of #old certificates arising from erroneous reports of exports and imports, as there
is in the case of gold coin, which regularly moved in and out of
the ccuntry. (4) Finally, gold certificates have no intrinsic value
and cannot be reduced to bullion and taken out of the country, as
is 7the ease with gold coin.
By proclamation of the President, dated January 311, 1934, the
weight of the gold dollar was reduced from 25 8/10 grains to 15 5/21
grains, nine-tenths tine. Between January 31, 1934, and February 1,
1934, the gold stock increased 2,985 million dollars, of which
2,806 million dollars was the increment resulting fro/n the reduction in the weight of the gold dollar and the remainder was
gold which had been purchased by the Treasury previously but
not added to the gold stock. The increment was covered into the
Treasury as a miscellaneous receipt and appeared, together with
the new gold, as a General Fund asset.
MEMBER BANK RESERVES AND RELATED ITEMS
had no effect on the amount of member bank
reserve balances.8 From December 24, 1936,
until early in 1938 the Treasury followed the
policy of setting aside gold acquired in an inactive account and of not issuing gold certificates
against such gold. This inactive gold was
counted as a part of Treasury cash, which increased as gold stock increased, with tKe result
that gold acquisitions had no effect on bank reserves. Monthly figures of the amount of gold
in the inactive account appear in Table 151,
page 515.
Treasury deposits with Federal Reserve .Banks
represent the general account of the United
States Treasurer with the Reserve Banks. The
account maintained by the Treasury at the Federal Reserve Banks for the Stabilization Fund
is included in nonmember deposits. Treasury
deposits may fluctuate widely in a short period
of time but, in general, this item is maintained
within rather restricted limits and does not exert
a long-continued influence on bank reserves in
any one direction.
Treasury currency, Treasury cash and deposits, gold stock, and money in circulation are
interrelated in such a manner that important
changes often take place among these items
without affecting member bank reserves in any
way. For example, the Treasury may hold gold
or silver in Treasury cash; or it may issue certificates against them and deposit the certificates
with the Reserve Banks, thus decreasing Treasury cash and increasing Treasury deposits at the
Reserve Batiks. Member bank reserves are not
affected until the Treasury draws upon these
deposits. On balance, issuance of gold and silver
certificates results eventually in an increase in
bank reserves, while their retirement results in a
decrease in reserves, although at various stages
in the process reserves may not be affected.
Nonmember deposits. This item includes all
deposits with the Reserve Banks other than the
general account of the United States Treasurer
and member bank reserve balances. It includes
deposits of nonmember banks—mostly clearing
balances—deposits of foreign central banks and
governments, Reserve Bank officers' checks, the
account of the Stabilization Fund, and in 1933
and 1934 it also included special deposits held
for unlicensed member and nonmember banks.
Increases in these items are reflected in decreases
in reserve balances unless offset by other factors.
8
The increment arising from United States gold coin turned in
by the public after January 31, 1934, was also added to both
Treasury cash and to gold stock at the time of receipt. The increment from this source amounted to about $11,000,000 from February I, 1934, to December 31, 1937; $500,000 in 1938; $350,000 in 1939;
$450,000 in 1940; and $305,000 in 1941.
365
The items making up this figure on June 30,1941,
are shown in Table F, page 367.
Other Federal Reserve accounts. This item
is derived from the condition statement of the
Federal Reserve Banks by -adding "capital,"
"surplus," "other capital accounts," and "other
liabilities" of the Reserve Banks, and subtracting the sum of "bank premises" and "other
assets." Increases in these items represent withdrawals of funds from the market by the Reserve
Banks. The computation of this figure as of
June 30, 1941, is shown in Table G, page 367.
Member bank reserve balances. Member
bank reserve balances, as shown on the Federal
Reserve Bank condition statement, represent reserve balances actually held by member banks
at Federal Reserve Banks. Prior to June 21,
1917, member banks were authorized to hold a
part of their reserves as cash in their own vaults
and a part on deposit with other banks. Since
that date only balances with Reserve Banks
have counted as legal reserves.9
Required and excess reserves are not reported
on Reserve Bank condition statements, and must
be computed from member bank reports of their
deposit liabilities, as is explained below. Prior
to 1931 aggregate reserve balances corresponded
closely to required reserves, and member banks
were generally forced to borrow when they lost
reserves or their requirements increased; in recent years, however, member banks have been
largely out of debt and have held excess reserves.
The volume of excess reserves has been the
residual of all the other factors affecting reserves
previously described and of required reserves.
Excess reserves indicate the extent to which
member banks may legally expand their loans
and investments without having recourse to the
Federal Reserve Banks. The possible expansion
in loans and investments for the banking system
as a whole is several times the amount of excess
reserves. When a bank increases its loans and
investments, the deposits of the banking system
increase by a similar amount, unless there are
off-setting influences, and the additional deposits
cause an increase in reserve requirements.
Required reserves. Minimum reserve requirements as specified in the law are shown in Table
107.10 Since 1935 the Board has been authorized
to increase these minimum requirements up to
double the various specified percentages, and
requirements have been changed from time to
"Figures for member bank reserves prior to 1917 are not enmparable with later years for the further reason that they include
some deferred availability items due to member banks, which were
not regularly segregated in Federal Reserve Bank balance sheets
until 1917 but which nevertheless were not a part of the required
"legal" or collected reserve balances of member banks,
10
These percentages were established by amendment to the Federal Reserve Act effective June 21, 1917.
366
BANKING AND MONETARY STATISTICS
time. The dates and amounts of such changes
through December 31, 1941, are shown in Table
107. Changes made since 1941 are shown in current issues of the Federal Reserve Bulletin. A
list of the cities now classified as central reserve
and reserve cities and changes made in .the list
since 1914 are given in Table 108,
Under Board regulation, established in connection with the assessment of penalties for reserve
deficiencies,, reserves held must average enough
over certain designated periods of time to
cover the average minimum requirements. At
first each Reserve Bank fixed independently the
reserve computation periods for its own member
banks. Beginning with October 1, 1919; deposits
and reserves have been averaged as follows:
weekly for banks in central reserve and reserve
cities, except for the period January 1? 1928, to
February 28, 1942, during which they were averaged semiweekly for member banks located in
Federal.Reserve Bank and branch cities and in
such other reserve cities as the Board designated;
semimonthly for country banks, except for two
Federal Reserve districts in which they were
averaged weekly until January 1, 1923, On any
given day, reserves held may be substantially
above or below computed requirements.
Required reserves have been estimated more
frequently in recent years because of the larger
volume of excess reserves. Approximate daily
figures for required reserves have been estimated
beginning with January 1929. Beginning with
September 1931 these estimates have been made
daily on the basis of daily reports of deposits
from central reserve city member banks in New
York City, weekly reports from certain banks in
other leading cities, and semimonthly reports
from other member banks, except that since
November 1937 central reserve city banks in
Chicago have also reported deposits daily.
Monthly figures for required reserves during
1929-1941 are shown in Table 105 for member
banks grouped according to their classification
for reserve purposes. These figures are based on
monthly averages of daily deposits of member
banks, as reported to the Reserve Banks. Tables
100-104 do not show figures for required reserves,
which were used to derive the figures for excess
reserves. Actual reported figures of required
reserves given in Table 105 provide the basis for
the figures of excess reserves in Tables 100 and
101, whereas the weekly and end of month figures
for required reserves used in connection with
Tables 102 and 103 are partially estimated and
are not published. Those used in connection
with Table 104 prior to September 1931 are computed from actual call report data on deposits;
thereafter they are based on the.daily estimates,
Excess reserves are the difference between
reserves actually Held and required reserves.
Prior to 1929 figures on excess reserves are available only on member bank call report dates.
From January 1929 through August 1931,
approximate monthly averages of daily figures
are available; beginning with September 1931
estimates of excess reserves have been computed each day. Figures on excess reserves are
shown in the following tables of this section:
beginning with 1929, monthly averages of daily
figures appear in Tables 101 and 105 and yearly
figures in Table 100; beginning with September
1931, end of month and Wednesday figures are
given in Tables 102 and 103, respectively; and
figures for call report dates beginning with 1914
appear in Table 104.
ILLUSTRATION OF DERIVATION OF STATEMENT
The tables on page 367 show how the consolidated statement for June 30, 1941, is derived from the two basic statements—(a) Statement of Condition of Federal Reserve Banks and
(b) Circulation Statement of United States
Money. It will be noted that certain items appearing in the two statements are not included
in the analysis; these items are not of direct
significance in relation to reserves and are offsetting accounts. Daily figures are available for
the principal assets and liabilities of Federal Reserve Banks. For .dates between month ends, for
which a circulation statement is not available,
approximate daily figures are derived from other
sources: figures on monetary stock, as sjiown in
column 1 of the most recent circulation statement, are adjusted daily for current mintings,
as reported by the Bureau of the Mint; figures
on money held in the Treasury are derived from
the daily Treasury statement.
MEMBER BANK RESERVES AND RELATED ITEMS
367
BASIC STATEMENTS, JUNE 30, 1941
[In thousands of dollars. The letters beside the various items indicate the tables to which they are transferred. The numbers indicate
offsetting items, all of which are in Tables A and B]
TABLE A.—STATEMENT OF CONDITION OF FEDERAL RESERVE BANKS
LIABILITIES
ASSETS
Gold certificates on hand and duefrom U. S. Treasury 20,312,731 (1)
8,878 (1)
Redemption fund—Federal Reserve notes
261,307 (2)
Other cash
___
----1,772 (C)
Bills discounted
._
____
(C)
Bills bought
...-9,227 (C)
Industrial advances
_
___
2,184,100 (C)
United States Government securities
47(0
Due from foreign banks
--Uncollected items:
71,543 (C)
Reserve Bank float.
744,122 ( )
4
Allother.
_____
26,208 (3)
Federal Reserve notes of other Federal Reserve Banks
40,177 (G)
Bank premises
-44,772 (G)
Other assets..____
__
_
._
Total assets
,
_
23,704,884
Federal Reserve notes:
Held by other Federal Reserve Banks
Outside Federal Reserve Banks
Member bank deposits—reserve account
United States Treasurer—general account
Foreign deposits
___..
_
_
Other deposits
__
Deferred availability items
Other liabilities
__.__.____
26,208 i
6,697,359 i
13,050,968 I
980,403 <
1,233,273 i
598,028 i
744,122 i
2,276 i
CAPITAL ACCOUNTS
Capital paid in.__
Surplus (section 7).
Surplus (section 13b)_._
Other capital accounts..
Total liabilities and capital accounts
140,387
157,065
26,785
48,010
__.. 23,704,8
i
i
i
i
TABLE B,—CIRCULATION STATEMENT OF UNITED STATES MONEY
Total amount
Kind of money
22,624 198(H)
20,884, 48S
Gold
Gold certificates
Standard silver dollars
Silver bullion
Silver certificates
Treasury notes of 1890
Subsidiary silver
Minor coin
547,078(D)
1, 435, 909 (D)
1,914,443
1,161
447, 248 (D)
199,307(D)
United States notes
Federal Reserve notes
Federal Reserve Bank notes
National bank notes
Amount held
as security
against gold
and silver
certificates
(and Treasury notes
of 1890)
20,384,483
346,681 (D)
7,001,521 (5)
20, 704 (D)
151,909(D)
479,695
1,435,909
Money held in the Treasury
Reserve
against
Held for
United
Federal
States
Reserve Banks
notes (and
and agents
Treasury
notes of
1890)
156,039(E)
17,506,167(1)
Money outside of the Treasury
All other
money
2,083,675(E)
12, 273 (E)
Held by
Federal
Reserve Banks
and agents
In
circulation
2,815,445(1)
62,872
2,117(2)
52,992
200,935(2)
4,053(E)
2,573(E)
9,710(2)
2,829(2)
1,713,508
1,181
433,485
193.906
2,545(E)
13.149CE)
349(E)
443(E)
44,622(2)
304,163(5)
87(2)
1,006(2)
299,514
6,684,209
20,268
150,460
156,039
17,506,167
32,774,554
$8,800,087
2,119,059
3,380,914
Total
9,612,375(H)
NOTE.—Figures in italics are not included in the total since the gold or silver held as (security against gold and silver certificates and Treasury
js
notes of 1890 is included under gold, standard silver dollars, and silver bullion.
DERIVED ITEMS AND CONSOLIDATED STATEMENT, JUNE 30, 1941
[In thousands of dollars.
The letters beside the various items indicate the tables from which they are transferred]
TABLE C.—RESERVE BANK CREDIT OUTSTANDING
TABLE D.—TREASURY CURRENCY OUTSTANDING
Bills discounted
_.
1,772 (A)
Bills bought.
_.
—_
-.. (A)
Industrial advances
_
___
_
9,227 (A)
United States Government securities
2,184,100 (A)
Other Reserve Bank credit.—-_____
71,590
Duefrom foreign banks
47 (A)
Reserve Bank
float
„ _ _ „ „ 71,543 (A)
Total
_._.
—
2,266,689
Standard silver dollars.
_________ _
547,078 (B)
Silver bullion
__.. ,
_ _ _ _ _ 1,435,909 (B)
Subsidiary silver
______________
_. 447,248 (B)
Minor coin
, _
199,307 (B)
United States notes_
___________________
346,681 (B)
Federal Reserve Bank notes,
__________
20,704 (B)
National bank notes.
151,909 (B)
Total
,
_ _ _ _ _ _ _ _ _ _ _ 3,148,§36
TABLE G.—OTHER FEDERAL RESERVE ACCOUNTS
TABLE E.—TREASURY CASH
Gold reserve against United States notes and Treasury notes of 1890_____
•_
Gold in general fund and exchange stabilization fund
Standard silver dollars
_
—
Subsidiary silver
___.
__
__
Minor coin
__
__
United States notes
__
Federal Reserve notes
_
—
Federal Reserve. Bank notes
_____
National bank notes___
_.__
2,275,
Total.— ..
(a) Notes in process of retirement.
TABLE F.—NONMEMBER DEPOSITS
Foreign deposits
_
___
_
1,233,273 (A)
Capital paid i n _ _ _ _ _ _ _ _
_„ — „ _ „ _
140,387 (A)
Surplus (section 7)_
.
157,065 (A)
Surplus (section 1 3 b ) _ _ _ _ _ _ _ _ _ _ _ _ _
_______
26,785 (A)
Other capital accounts
_._______,_._„
48,010 (A)
Other liabilities
______
2,276 (A)
Total
__
_„__________„__3747523
Bankpremises
_ _ _ _ _ _ _ _ _ „ _ _ _ „ _ _ , _ _ _ , _ 40,177 (A)
Other assets.
44,772 (A)
84,949
289,574
TABLE H.—SUPPLY AND USE OF MEMBER BANK
RESERVE FUNDS
Factors supplying reserve funds:
Reserve Bank credit outstanding_____
2,266,689 (C)
Gold stock
22,624,198 (B)
Treasury currency
3,148,836 (D)
Factors using reserve funds:
Money in circulation.
_ _ _ _ . _ _ _ _ . . _ _ . „ _ . 9,612,375 (B)
Treasury cash.
2,275,099 (E)
Treasury deposits with Federal Reserve Banks.. 980,403 (A)
Nonmember deposits...
1,831,301 (F)
Other Federal Reserve accounts
289,574 (G)
Member bank reserve balances
13,050,968 (A)
BANKING AND MONETARY STATISTICS
368
NO. 19B-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
ANNUAL AVERAGES OF DAILY FIGURES, 1W-1M1
[In millions of dollars]
Reserve Bank credit outstanding
Year
Bills
discounted
Bills
bought
1914
19U
10
24
10
1916
1917
1918
1019
1920
24
194
1,134
1,906
2,523
1921
1022
1923
1924
1025
.
3,078
3,089
416
352
5
1,913
1,907
1,867
1,716
1,695
3,430
3,838
4,371
4,729
5,191
298
242
280
365
257
43
134
111
99
36
2
33
108
115
67
3,004
3,515
3,774
4,152
4,094
1,758
1,871
1,991
2,017
2,000
4,663
4,248
4,535
4,592
4,582
218
224
218
218
213
45
• 44
37
42
31
28
30
27
27
31
336
286
280
263
264
,071 _.-.„_
,781
1,873
2,023
2,167
1,258
1,175
1,505
1,459
1,087
4,165
4,277
3,919
3,996
4,173
1,985
2,000
2,008
2,015
2,025
4,645
4,605
4,496
4,476
4,245
210
205
204
207
211
32
21
21
22
28
28
31
29
30
28
284
300
327
376
393
2,209
2,290
2,855
2,858 """43°
2,379
55
33
24
11
10
32
1,274
2,077
2,429
2,502
2,475
4,417
3,952
4,059
7,512
9,059
2,025
2,096
2,271
2,381
2,478
4,672
5,328
5,576
5,403
5,585
219
236
188
2,798
2,791
32
39
55
81
128
97
56
147
185
252
373
351
350
253
255
2,323
2,114
2,343
3,676
5,001
89
256
528
1,504
2,469
2,431
2,504
2,565
2,584
2,417
41
33
26
39
67
2,481
2,554
2,600
2,628
2,487
10,578
12,162
13,250
16,085
19,865
2,503
2,567
2,711
2,879
3,018
6,101
6,475
6,510
7,058
7,879
2,474
3,226
2,804
2,517
2,271
446
158
653
790
525
282
335
398
625
1,185
269
2BO
260
252
261
5,989
6,830
7,935
10,352
13,249
2,512
1,220
2,522
4,392
0,326
2,187
' 102
2,293
22,546
3,156
9,594
2,253
664
1,794
288
13,404
a, 324
''IT
10
60
66
150
287
324
385
47
89
134
254
324
27
90
168
141
158
_ . _ _ . , _ . _ 1,797
571
736
373
490
91
159
227
172
287
264
455
186
402
359
46
41
56
49
59
2,198
1,226
1,205
996
1,195
572
442
840
952
272
281
263
328
241
213
350
417
297
208
564
55
53
40
59
38
327
521
283
36
7
245
71
83
25
5
669
1,461
2,052
2,432
2,431
6
14
9
5
4
4
3
1
1931
1032...
..........__
1033
1934
.......„....._...
1935
1936......... ... . .
1937
1938.. .......
1939
1940.. ...... ...... .
5
1
2
2,233
2,000
8
, ..
1941
1,523
1,739
Total
1926
1927
1028
1929
1930
C3)
Member bank
Other reserve balances
Federal
Reserve
EiacTotal l ceas"
counts
Gold
stock
U.S.
Government
securities
All
other
. ......
Treasury
de- :
Money Treasury
posits j
in circash
with
culation ' hold- Federal
ings
Re- i
serve
Banks
Treasury
currency
outstanding
(3>
163 2,217
523 ' 2,836 i
1,723 2,871
2,842
2,625
2,582
3,390
Nonmember depoeita
(3)
3
IB
45
—54
60 " ,02t)"
,497
95
,719 „„„..,.,.,
155
,835
280
Not available prior to 1917.
Not available prior to 1929. Figures for March 1933 were estimated, and for the period March 1933 through April 1934 they cover licensed
banks only. Figures of required reserves and of excess reserves (if any) of unlicensed banks were not computed. After April 1934, wlrn most
banks had be,en licensed or otherwise disposed of, no distinction was made in underlying reports between licenced and unlicensed member banks.
3 Less tiian $500,000.
MEMBER BANK RESERVES AND RELATED ITEMS
369
NO. 101-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
MONTHLY AVERAGES OF DAILY FIGURES, AUGUST 1917-DECEMBER 1941
[In millions of dollars]
Reserve Bank credit outstanding
Gold
stock
Treasury
currency
outstanding
Money
in circulation
Treasury
cash
holdings
TreasMember bank
ury
Other reserve balances
FedNondeposits memeral
with ber de- ReFederal posits serve
ExTotal
acRecess i
counts
serve
Banks
Bills
discounted
Bills
bought
U.S.
Government
securities
All
other
Total
1917 — August
September
October
November
December
134
181
320
563
683
159
168
179
192
243
74
89
112
124
102
88
83
126
126
145
455
521
737
,005
,173
2,896
2,865
2,864
2,866
2,866
1,902
1,905
1,909
1,916
1,922
3,714
3,774
3,865
3,916
4,055
212
207
190
194
207
94
64
90
160
153
31
56
56
36
31
60
61
66
70
78
,141
,130
,243
,409
,439
1918— January
February
March
April
May
June
July
August
September
October
November
December
612
529
537
751
897
939
_ . _ . 1,162
1,333
1,604
1,683
1,760
1,765
266
288
315
313
278
239
208
217
249
354
374
346
149
185
271
173
86
97
65
53
67
123
130
214
143
141
140
144
151
279
196
147
153
195
152
166
,170
,143
,263
,381
,412
,554
1,631
1,750
2.073
2,355
2,416
2^491
2,865
2,872
2,875
2,876
2,876
2,875
2,874
2,870
2,869
2,864
2,868
2,869
1,928
1,930
1,934
1,924
1,883
1,890
1,835
1,847
1,832
1,819
1,800
1,794
4,019
3,993
4,086
4,136
4,114
4,161
4,233
4,379
4,624
4,847
4,896
4,956
242
283
279
282
299
294
299
296
274
272
265
276
122
58
72
79
63
124
144
112
148
145
157
100
36
63
85
95
126
138
124
126
121
130
131
117
76
80
84
85
87
89
92
95
101
105
115
119
,467
,468
,466
.504
,482
,512
,448
,459
,507
,539
,520
,586
191 9 — January
February
March
April
May
June
..July
August
September
October
November .
December
1,731
1,765
1,863
1,920
1,976
_ __ 1 840
1,864
1,798
1,776
2,068
2,140
2,115
278
274
261
207
187
247
358
372
351
343
455
549
200
186
195
213
228
236
249
270
341
296
307
327
150
116
161
111
107
144
128
119
168
140
136
212
2,359
2,341
2,480
2,451
2,498
2,467
2,599
2,559
2,636
2,847
3,038
3,203
2,873
2,875
2,874
2,879
2,889
2,882
2,800
2,827
2,856
2,833
2,783
2,734
1,778
1,753
1,732
1>715
1,704
1,701
1,700
1,704
1,707
1,707
1,709
1,680
4,763
4,645
4,655
4,683
4,654
4,604
4,609
4,626
4,702
4,819
4,921
5.055
304
338
347
342
346
358
376
388
399
409
399
371
74
129
179
97
124
112
118
68
54
88
80
70
118
114
123
126
135
133
121
104
108
99
97
100
110
131
131
142
145
147
157
164
167
178
196
201
,635
,612
,652
,656
,686
,696
,719
,740
,769
,793
,837
,820
Year and month
"
1920— January
February
March
ApriLMay
June
July
August
September
October
November
December
2,136
2,297
2,377
2,431
2,536
2,456
2,513
2,596
2,667
2,780
2,762
2,718
570
541
480
413
411
400
362
324
310
303
276
242
326
309
344
332
302
347
319
304
339
305
320
339
173
167
212
188
136
179
150
129
179
134
109
143
3,205
3,314
3,413
3,3643,385
3,382
3,344
3,353
3,495
3,522
3,467
3,442
2,674
2,622
2,572
2,534
2,548
2,567
2,575
2,568
2,560
2,568
2,586
2,607
1,699
1,690
1,686
1,689
1,683
1,683
1,690
1,696
1,698
1,706
1,711
1,714
4,944
4,998
5,111 .
5,085
5,127
5,161
5,191
5,222
5,313
5,386
5,375
5,371
396
399
291
257
240
223
221
207
211
212
215
217
47
50
57
22
31
34
15
32
57
26
21
39
98
94
98
106
103
88
54
46
38
27
27
25
210
227
236
246
262
273
288
302
316
330
344
353
,883
,858
,878
,870
,853
,853
,840
,807
,817
.815
,782
,758
1921—-January
February
March
April.,
. May.
une
July..
August
September
October
November _
December
2,523
2,400
2,297
2,129
1,959
,811
,719
,548
,442
,371
,228
,180
200
169
137
84
54
26
38
40
56
79
105
298
287
296
277
303
302
261
249
254
207
208
226
89
62
68
48
40
44
43
28
31
35
29
37
3,110
2,918
2,798
2,564
2,386
2,211
2,049
,863
,767
,669
,544
,548
2,644
2,688
2,753
2,830
2,910
2,967
3,015
3,105
3,192
3,260
3,308
3,356
1,708
1,707
1,721
1,711
1,734
1,745
1,746
1,758
1,775
1,804
1,835
1,842
5,114
4,976
4,917
4,791
4,755
4,649
4,570
4,484
4,465
4.434
4,386
4,431
221
222
230
234
223
209
203
207
207
221
218
212
25
50
80
51
27
29
30
44
59
50
42
54
24
26
31
34
32
31
27
26
27
26
28
27
306
311
320
331
337
342
344
345
348
351
350
350
,773
,728
,694
,665
,657
,664
.639
,621
,629
,652
,663
,673
1922— January
February
March.. ..
April
May..
June .
July
August
September
October
November
December
962
769
638
572
479
437
425
396
417
486
623
660
98
88
92
93
103
136
153
159
212
252
260
259
238
357
459
520
603
591
547
497
486
448
325
380
28
19
18
25
23
28
45
50
65
60
57
78
,326
,233
1,207
1,210
1,208
1,192
1,170
1,102
,180
,246
,265
,377
3,385
3,417
3,449
3,469
3,481
3,489
3,516
3,553
3,573
3,597
3,609
3,630
1,839
1,835
1,840
1,845
1,855
1,861
1,862
1,871
1,886
1,899
U917
1,940
4,240
4,164
4,196
4,195
4,163
4,142
-4,156
4,161
4,265
4,356
4,384
4,540
223
221
219
222
222
223
225
222
224
222
228
227
65
92
44
50
58
39
42
36
32
19
38
23
29
34
39
40
37
34
28
25
23
21
27
28
286
284
286
283
282
285
285
283
284
287
288
289
,707
,689
,711
,733
,783
,820
,812
,799
,811
,836
,825
,840
1923—January. ..
February
March
April
May
June
547
608
628
658
705
741
218
190
234
272
271
224
421
356
316
229
193
153
63
51
50
55
53
60
,249
,205
,228
,214
,222
1,178
3,655
3,673
3,679
3,688
3,706
3,753
1,963
1,972
1,980
1,987
1,994
1,990
4; 392
4,385
4,426
4,444
4,477
4,492
222
219
224
221
215
216
17
44
66
55
39
36
46
25
22
21
36
28
275
276
276
279
281
282
,918
.901
' ,873
,869
,874
,867
For footnote see end of table, p. 372.
no
BANKING AND MONETARY STATISTICS
370
NO. 101-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
MONTHLY AVERAGES OF DAILY FIGURES, AUGUST 1917-DECEMBER 1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Gold
stock
Treasury
currency
outstanding
Money
in circulation
Treasury
de- ,
Treasury
posits
cash
with
hold- Federal
Reings
serve
Banks
Member ba,nk
Other reserve balances
Non- Fedmem- eral
ber de- Reposits serve
ExTotal
access1
counts
Bills
discounted
Bills
bought
U.S.
Government
securities
All
other
Total
834
809
845
873
799
771
186
175
174
185
265
324
97
90
102
91
83
106
62
53
63
55
57
59
1,179
1,127
1,184
1,204
1,204
1,260
3,774
3,810
3,836
3,868
3,895
3,939
1,987
1,996
2,006
2,003
2,006
2,009
4,525
,546
,614
,654
,666
,784
215
216
222
218
217
210
29
33
38
32
32
28
24
22
22
23
31
22
280
281
281
284
284
282
574
514
476
489
433
370
315
268
262
240
228
307
300
273
228
170
80
50
44
30
92
180
268
358
118
135
244
274
324
416
467
539
575
585
588
554
49
33
42
48
42
50
53
44
54
52
51
69
1,041
955
990
981
879
886
879
881
983
,057
,135
,288
3,979
4,015
4,053
4,096
4,146
4,184
4,216
4,229
4,228
4,219
4,230
4,220
2,010
2,012
2,015
2,016
2,018
2,019
2,017
2,019
2,018
2,019
2,022
2,025
,560
,545
,583
,599
,579
,543
4,523
4,513
4,566
4,604
4,683
4,801
216
213
213
221
217 '
217
218
220
217
223
221
215
44
40
54
76
34
43
36
35
37
41
29
42
25
22
22
23
24
21
28
33
31
27
30
32
274
270
270
270
266
264
261
255
257
259
259
261
,911
,892
,915
,905
,922
2,001
2,046
2,072
2,120
2,141
2,164
2,182
275
351
400
413
408
448
491
556
602
626
602
696
329
313
298
287
279
263
231
205
226
298
352
369
464
384
376
355
361
345
338
329
335
328
332
359
57
46
48
54
52
62
59
53
63
69
66
82
,125
,094
,122
,110
,100
,118
,118
,143
,227
,321
,352
,507
4,181
4,105
4,053
4,053
4,066
4,073
4,074
4,085
4,099
4,104
4,120
4,110
2,026
2,026
2,019
2,013
2,006
1,999
1,993
1,989
1,986
1,983
1,981
1,980
4,576
4,518
4,527
4,516
4,504
4,503
4,507
4,530
4,621
4,658
4,673
4,832
221
215
211
214
213
213
210
214
209
212
214
209
40
32
26
30
31
42
18
33
27
34
32
31
43
42
30
27
28
25
27
25
26
30
41
32
258
258
263
266
264
266
262
264
267
271
272
274
2,194 ..,„..„.
2,159
2,137
2,123
2,132
2,141
2,160
2,151
2,161 „,.....
2,203
2,221
2,219
1 926—January ,
February.. „ „.
March.. . _. „
April .
May
„„
June .
July...
.„
August .
September
__„_,„..
October.
November.. „„ .„__
December
527
533
565
546
519
480
553
555
640
663
615
668
324
305
268
234
232
243
230
245
265
295
348
385
368
335
336
371
398
408
380
353
316
306
302
322
60
46
48
53
50
54
59
49
58
57
53
71
,279
,218
,216
,204
,200
,185
,221
,203
,278
,322
,318
,445
4,120
4,138
4,157
4,161
4,147
4,151
4,173
4,180
4,181
4,185
4,190
4,194
1,978
1,980
1,981
1,984
1,985
,986
,986
,984
,986
,989
,991
,992
4,604
4,567
4,577
4,595
4.584
4,594
4,629
4,625
4,682
4,714
4,718
4,844
210
220
221
220
213
203
207
204
204
209
208
203
24
41
42
28
32
26
25
32
34
28
40
30
26
27
26
26
23
25
27
30
27
36
32
273
274
278
283
282
284
281
285
289
293
295
294
2,236 ,...-„
2,208
2,198 i
2,183
2,199
2,206
2,212
2,201
2,211
2,219
2,214
2,218
1 927—January
February. «,
March
April
May... .
June
July
August
September
October
November
December
_,„.
481
393
425
447
473
429
454
409
422
424
415
529
343
304
253
248
233
205
190
173
216
282
336
378
310
307
345
341
291
398
381
439
501
506
579
606
52
39
32
51
44
49
90
72
48
42
47
55
,186
,043
,055
,087
,041
,081
,115
,093
,187
,254
,377
,568
4,240
4,289
4,308
4,314
4,364
4,319
4,288
4,298
4,297
4,279
4,203
4,129
,990
,991
,994
,997
2,002
2,004
2,003
2,003
2,003
2,003
2,004
2,005
4,616
4,556
4,569
4,592
4,573
4,544
4,564
4,562
4,630
4,644
4,649
4,761
206
207
206
206
208
206
206
205
207
207
201
199
24
28
22
30
25
21
17
18
20
20
13
10
33
26
23
23
39
34
33
30
30
34
44 5
27
294
295
298
299
299
298
297
296
300
302
304
306
2,243
2,212
2,240
2,248
2,262
2,301 ~
2,289 i
2,283 ------2,300
2,326
2,373
2,399
1928^January
,
February
March..............
April..
„
May
June
July
August ~
September
October
November
December
465
471
513
661
836
1,019
1,090
1,061
1,064
975
897
1,013
373
360
343
358
349
244
185
178
226
368
471
483
512
406
415
351
257
232
213
210
240
237
238
263
38
27
24
35
30
36
43
36
51
41
47
65
,388
,264
,295
,405
,472
,531
,531
,485
,581
,621
,653
,824
4,090
4,086
4,048
4,000
3,920
3,832
3,826
3,831
3,838
3,846
3,864
3,855
4,498
2,005
4,422
2,005
4,423
2,006
4,443
2,007
2,008 i 4,435
4,449
2,007
4,459
2,005
4,456
2,006
4,517
2,007
4,549
2,011
4,573
2,012
4,721
2,012
208
203
202
202
205
202
204
205
202
206
206
203
19
26
23
27
24
13
19
28
IB
19
18
19
27
26
24
27
27
28
30
28
38
30
32
29
305
310
312
317
321
322
326
332
337
342
347
352
2,426
2,368
2,365
2,396
2,388
2,355
2,324
2,274
2,314
2,332
2,352
2,367
1929— January
859
February
889
March..., ..
971
April
1,010
May.
960
June
„„
....
978
July... __.:_„„ .
1,096
August.
.
1,043
473
385
265
156
145
99
75
124
229
184
197
165
153
179
147
155
52
44
47
46
45
61
62
54
,613
,502
,481
,377
,303
,317
,380
1,376
3,828
3,856
3,879
3,939
4,005
4,024
4,048
4,064
2,012
2,010
2,011
2,015
2,018
2,018
2,016
2,007
4,461
4,399
4,422
4,392
4,397
4,"400
4,477
4,490
205
205
203
205
209
210
207
207
18
21
17
25
22
30
20
19
31 i
29
31
35
32
30
31
27
351
357
361
366
370
376
376
382
2,387
2,357
2,337
2,308
2,296
2,314
2,334
2,322
Year and month
1923— July
August
September
October
November
December
1924— January
February
March
April _
May
June
._
July
August.,,.- ,,„
September
October
November
December „„
1 925— January „ _ _
February
March
April . ... .
May
June
T
July
August,,.,
September
October^
November...,
December
„_._
„ ..
„„...
„
For footnote see end of table, p. 372.
r>3
,867
,835 ••- — ,848
,864
,875
,882 •"- = -•"•"•*
.......
........
-'•-—•— —-
'
!
.........
_.,_..„
53
46
41
36
33
42
42
36
MEMBER BANK RESERVES AND RELATED ITEMS
371
NO. 101-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
MONTHLY AVERAGES OF DAILY FIGURES, AUGUST 1917-DECEMBER 1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Gold
stock
Tre,asury
currency
outstanding
Money
in circulation
Treasury
deTreasury
posits
cash
with
hold- Federal
Reings
serve
Banks
Member bank
Other reserve balances
NonFedmemeral
ber de- ReExposits serve
cess i
Total
accounts
Bills
discounted
Bills
bought
U.S.
Government
securities
All
other
Total
1929— September.
October
November
December. _
969
885
953
803
229
337
296
320
165
154
315
446
64
74
67
74
,427
,450
,631
,643
4,081
4,094
4,087
4,037
2,006
2,015
2,024
2,023
4,524
4,523
4,558
4,656
207
205
212
210
33
24
23
16
28
28
33
27
387
392
395
399
2,335
2,386
2,521
2,395
34
42
65
48
1930—January
February
March
April.. „
May
June
July
August.. .
September
October.. .
November
December.
501
378
274
231
247
251
226
214
189
196
221
338
314
285
246
266
182
141
154
153
197
185
184
257
485
480
540
530
529
571
583
599
597
602
599
644
57
38
35
45
38
37
40
32
33
37
29
34
,357
,181
,095
,072
996
,000
,003
998
,016
,020
,033
,273
3,996
4,030
4,107
4,156
4,218
4,241
4,245
4,209
4,216
4,233
4,266
4,296
2,022
2,022
2,022
2,023
2,024
2,024
2,024
2,025
2,026
2,027
2,028
2,027
4,365
4,267
4,245
4,231
4,210
4,202
4,196
4,189
4,206
4,214
4,241
4,536
214
212
209
212
210
210
211
210
214
209
210
208
24
29
16
30
34
39
24
28
28
31
25
26
29
27
2728
29
27
35
28
26
27
30
27
394
393
397
400
398
395
389
385
388
392
388
384
2,349
2,305
2,330
2,350
2,356
2,392
2,417
2,392
2,397
2,407
2,433
2,415
44
53
56
42
45
64
74
52
59
59
62
73
1931— January
February -„
March
April
May
June
July
August
September
October
November
December
253
216
176
155
163
190
169
223
282
614
695
774
206
102
123
173
144
121
79
135
259
692
560
340
647
603
604
600
599
610
674
712
736
733
727
777
23
15
18
24
20
25
32
37
36
49
53
59
1,129
936
921
952
926
945
954
1,107
1,313
2,088
2,035
1,950
4,335
4,369
4,395
4,424
4,480
4,578
4,671
4,688
4,661
4,160
4,076
4,163
2,026
2,025
2,026
2,025
2,023
2,022
2,023
2,023
2,023
2,024
2,025
2,031
4,408
4,311
4,303
4,360
4,392
4,463
4,549
4,660
4,846
5,191
5,231
5,324
213
214
215
218
216
219
216
221
224
224
227
222
29
31
33
37
25
44
23
38
31
32
33
27
28
25
24
27
28
35
83
187
199
208
171
144
379
379
381
383
382
380
370
367
364
361
357
358
2,433
2,370
2,386
2,376
2,387
2,404
2,407
2,345
2,333
2,256
2,118
2,069
105
57
66
56
67
129
124
101
120
129
57
60
828
848
714
605
486
495
523
451
387
328
313
282
221
151
105
52
41
50
60
37
34
34
34
34
759
743
809
,014
,413
,697
,818
,850
,848
,851
,851
,854
56
43
24
23
19
20
21
15
13
18
13
22
1,864
1,785
1,652
1,694
1,959
2,262
2,422
2,353
2,282
2,231
2,211
2,192
4,165
4,097
4,085
4,094
3,986
3,669
3,654
3,743
3,853
3,939
4,005
4,142
5,358
2,037
5,340
2,049
5,244
2,059
2,061 . 5,165
5,169
2,060
5,243
2,058
5,464
2,056
5,432
2,077
5,398
2,130
5,356
2,171
5,356
2,194
5,412
2,202
226
228
228
229
236
232
231
241
253
249
246
256
38
34
39
43
36
39
45
40
51
36
31
31
113
73
37
63
77
65
46
40
35
38
40
43
352
349
349
353
349
348
343
347
347
355
359
359
1,979
1,907
1,899
1,996
2,138
2,062
2,003
2,073
2,181
2,307
2,378
2,435
35
44
69
152
277
234
204
270
345
436
482
626
1933—January
February
March.
April
May..
June. .
July
j
August
September
October
November
.
December ..
255
307
999
429
339
250
170
159
138
119
114
117
32
102
379
230
86
12
16
8
7
7
15
101
,806
,804
,875
,837
,846
,933
2,016
2,064
2,202
2,355
2,437
2,432
16
12
15
18
15
12
10
8
12
11
8
19
2,110
2,224
3,237
2,515
2,286
2,208
2,211
2,239
2,358
2,492
2,574
2,669
4,260
4,204
3,974
4,014
4,026
4,030
4,032
4,036
4,040
4,037
4,036
4,036
2,204
2,204
2,256
2,302
2,301
2,295
2,283
2,280
2,280
2,277
2,275
2,293
5,344
5,605
6,711
5,850
5,589
5,455
5,388
5,329
5,345
5,369
5,394
5,524
276
277
303
350
323
272
274
271
272
273
281
286
27
37
56
40
48
81
73
45
56
60
68
71
60
79
134
156
173
164
179
186
169
163
158
143
351
343
349
349
355
350
344
349
347
351
355
358
2,516
2,291
1,914
2,086
2,125
2,211
2,268
2,375
2,489
2,590
2,629
2,616
584
417
0)
379
319
363
436
565
676
758
794
766
1934—January
February
March
April
MayJune
July
August
September
October..,.
November
December
101
70
55
43
36
28
23
21
22
12
18
10
113
87
40
16
6
5
5
5
5
6
6
6
2,432
2,432
2,437
2,439
2,431
2,424
2,432
2,432
2,431
2,430
2,430
2,430
9
8
3
9
6
7
9
6
10
8
12
26
2,656
2,597
2,535
2,507
2,479
2,464
2,469
2,463
2,469
2,457
2,466
2,472
4,036
7,138
7,602
7,736
7,759
7,821
7,893
7,971
7,971
7,989
8,047
8,191
2,302
2,303
2,333
2,377
2,378
2,363
2,364
2,378
2,411
2,415
2,455
2,494
5,382
5,339
5,368
5,366
5,355
5,341
5,350
5,355
5,427
5,473
5,494
5,577
309
3,368
3,256
3,167
3,020
2,939
2,940
2,920
2,915 L
2,920
2,925
2,983
88
80
42
55
63
115
59.
56
139
91
45
137
146
136
144
170
249
226
219
208
197
177
165
181
304
293
298
268
234
237
230
228
227
234
238
242
2,764
2,822
3,361
3,594
3,695
3,790
3,928
4,045
3,947
3,964
4,100
4,037
866
891
,376
,541
,623
,685
,789
,884
,754
,731
,834
,748
1935—January
February.
March
April
May
June.
July
August
September
October
November
December
8
6
7
6
7
8
7
7
10
8
7
6
6
6
5
5
5
5
5
5
5
5
5
5
2,430
2,430
2,431
2,431
2,434
2,431
2,430
2,431
2,430
2,430
2,430
2,430
21
20
18
29
30
36
30
33
35
39
40
53
2,465
2,462
2,461
2,471
2,476
2,479
2,473
2,476
2,480
2,482
2,482
2,494
8,284
8,465
8,552
8,641
8,755
9,025
9,128
9,180
9,246
9,545
9,777
10,072
2,504
2,513
2,526
2,548
2,534
2,513
2,504
2,441
2,389
-2,398
2,410
2,454
5,411
5,439
5,477
5,500
5,507
5,522
5,550
5,576
5,651
5,704
5,770
5,897
2,980
2,910
2,920
2,938
2,882
2,908
2,839
2,729
2,632
2,638
2,581
2.545
73
55
202
271
60
81
193
66
102
55
49
324
194
189
236
258
278
266
293
233
236
307
256
276
242
246
250
256
259
260
259
261
252
253
256
263
4,355
4,601
4,452
4,436
4,778
4,979
4,970
5,232
5,243
5,469
5,767
5,716
2,035
2,237
2,065
2,026
2,297
2,438
2,385
2,636
2,628
2,820
3,061
2.983
Year and month
1932— January...
February
March
April
May
June
July
August
September
October. .
November
December
.
_.. .
For footnote see end of table, p. 372.
BANKING AND MONETARY STATISTICS
872
NO. 101-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
MONTHLY AVERAGES OF DAILY FIGURES, AUGUST 1917-DECEMBER 1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Year a nil month
Bills
discounted
Bills
hought
Gold
stock
U.S.
Government
securities
All
other
Total
Treasury
currency
outstanding
Treasury
deposits
Member bank
Other reserve txikmees
NonFedmemeral
with ber de- ! ReFed era posits i nerve
ExaeReTotal
cess1
serve
eounts
Banks
Money
in circulation
Treasury
cash
holdings
494
466
760
845
559
793
545
275
233
146
86
155
280
329
336
348
258
289
281
328
260
239
199
238
253
255
207
260
348
278
255
256
268
263
202
268
260
2:18
1936 -January
February „ - _ „ „ . _ « , . _
March
April „ , „..„„.
,,
May
June
. . . . „„«,_
July
August- - _ „ . , _ „„..„_.,., .
September _ „ „ . „ „ . . _ „ _
October
November, ..„ . „ _ . . „ _
December
6
8
6
6
5
6
3
6
8
7
6
7
5
5
5
5
4
3
3
3
3
3
3
3
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,434
43
50
43
39
37
39
37
35
38
40
33
54
2,484
2,493
2,384
2,480
2,476
2,478
2,474
2,474
2,479
2,480
2,472
2,498
10,158
10,164
10,172
10,202
10,324
10,514
10,629
10,674
10,764
10,983
11,116
11,220
2,486
2,495
2,502
2,503
2,495
2,492 I
2,497
2,499 :
2,507
2,512
2,517
2,528
5,757
5,779
5,857
5,892
5,918
6,062
6,203
6,191
6,258
6,401
6,563
2,564
2,515
2,518
2,539
2,574
2,579
2,453
2,416
2,386
2,413
2,373
2,357
1937 -January
„ -_„_
Kebr uarv
March
April..... . ..
May. ...... .....,„_.._„ „..,.,..
June........... ._...„......_
July.. D „.„„,....„.„„.._
August „ . „ „ ..,„.,„.._., ,_
September .„,..,„„ .,.„„...,
October
.....„.„
November. „.„„„„.,., „
December
, __.,
3
3
(i
10
16
15
13
17
24
22
19
16
3
3
3
4
5
5
3
3
3
3
3
3
2,430
2,431
2,432
2,480
2,526
2,526
2,526
2,527
2,526
2,527
2,545
2,565
48
38
31
29
30
32
31
26
30
31
25
44
2,485
2,475
2,472
2,522
2,577
2,578
2,574
2,573
2,584
2,583
2,592
2,628
11,310
11,399
11,503
11,686
11,901
12,189
12,404
12,512
12,653
12,782
12,788
12,765
2,531
2,531
2,537
2,541
2,540
2,548
2,555
2,576
2,590
2,603
2,613
2,627
6,400
6,369
6,391
6,397
6,426
6,435
6,475
6,500
6,558
6,<H'0
6,558
0,618
2,450
2,569
2,682
2,863
3,069
3,322
3,532
3,655
3,618 i
3,636
3,642 i
3,622
200
167
205
159
85
131
137
212
J90
05
125
188
300
296
273
248
488
447
205 '
202
266 '
1938 -January
February
March
_„..
April
May..,
_._ .
June
July............. ...............
August,. „ „ „ . „ _ _ . . .
September . „ „ _ . , , _
October... ....... ...._„,_
November ....... . . „ „ „ , .
December
, ... .
11
11
10
11
8
9
8
2,564
2,564
2,565
2,569
2,564
2,560
2,564
2,564
2,572
2,51)4
2,564
2,564
27
23
21
25
21
23
26
19
30
26
20
47
2,602
2,598
2,597
2,606
2,594
2,592
2,599
2,590
2,610
2,598
2,592
2,618
12,756
12,768
12,778
12,829
12,891
12,946
12,985
13,057
13,441
13.MO
14,162
14,416
2.043
2,062
2,073
2,085
2,0'*7
2,707
2,716
2,724
273
2,745
2 760
2.783
6,397
6,319
6,338
6,387
6,415
6,433
6,464
0,482
6,570
6, 60S
6,7 0
6,888
3,830
3,630
3,558
2,769
2,227
2,283
2,318
2,392
2,717
2,782
2,728
2,673
127
164
221
000
1,315
967 '
717
774
704
665
520
723
403
426
;I40
334
:J7(i
420
374
3.W
310
3til
524
526
261
258
2110 '
201 '
202
204 '
260
256
258
2tU
25*1
2»i3
1939- - January _ _ _ _..._
February.,,,, ...„ _ . , . . . „
March
April...
May._....... _ „ „ , _ . . .
June......
_-_.=
July ,
5
5
3
3
4
4
5
2,568
2,567
2,567
2,567
2,564
2,563
2,527
2,437
2,732
2,763
2,651
2,510
26 2,598
21 2,594
19 ! 2,590
23 I 2,593
13 2,582
23 2,591
36 2,569
25 2,467
56 2,794
63 i 2,832
63 2,722
94 2,612
14,500
14,778
15,014
15,509
15,878
16,028
16,182
16,390
16,823
17,002
17,217
17,518
2,807
2,820
2,832
2,844
2,856
2,870
2,887
2,000
2,911
2,926
2,939
2,956
0,712
0,697
6,764
6,867
6,919
6,906
7,051
7,098
7,249
7,328
7,413
7,609
2,726
2,758
2,720
2,703
2,063
2,568
2,534
2,344
2,253
2,239
2,314
2,402
827
1,055
1,155
1.001
454
502
51 f )
257
2V»
i?2
.Mi'
020
780
783
611
358
454
616
682
liitf
256
255
258
?57
256
243
240
241
248
584
600
612
554
440
286
301
885
781
477
348
338
689 ,
732
759
757
879
1,026
1,310
1,451
1,535
1,624
1,710
1,715
250
248
265
548
618
892
618
917
919
829
476
525
HS>9
592
1,755
1,787
1,767
1,774
1,926
1,856
1,774
1,839
1,836
1,905
1 , 774
1,531
283
282
285
'J8S
2S7
200
2S9
2SB
2S1
292
2W
292
8
8
7
7
A URUSt •:„_.. _ _ _ . , . , . , _ . .,
September
„_,._
October
November.,.,.,.,,,. , _ . , „
December
1 940 Jamiar v .„.,.. „ _ . . „ _ ,
February . . _ „ .
March
....
April...,. .
May..
June
July
August „.,.„....„.....
September
October
November,, . „ . . _ _ _ , „ ,
December .... «.,.«.„
1941 January,
,,„,_,,
February
March...........
April. ._._., ....„ .„ ......
May...... .._„.., ..,....,„.
June
July____....
August .
September
( >ctober
November „ _ _ _ .
December _ .
il
6
7
8
(a)
7
7
3
2
3
2
3
3
5
5 ._.„..„
4
4
3
2
2
2
2
2
3
8
12
8
0
5
i
)
i
;
i
i
6,321
2,479
2,477
2,476
2,467
2,472
2,474
2,450
2,444
2,434
2,381
2,201
2,188
56
62
50
58
54
65
63
57
64
67
79
113
2,542
2,546
2,539
2,527
2,529
2,542
2,515
2,505
2.503
2,454
2,344
2,305
17,804
18,061
18,310
18,608
18,974
19,560
20,260
20,718
21,064
21,393
21,602
21,890
7,443
2,966
7,426
2,976
7,488
2,986
7,532
2,994
3,004
7,617
3,010
7,752
3,017
7,884
3,028
7,967
3,040 , 8,095
3,051
8,226
8,415
3,065
8,688
3,079
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,219
85
67
76
85
75
94
111
92
101
130
121
180
2,272
2,254
2,262
2,272
2,262
2,280
2,298
2,284
2,297
2,322
2,311
2,404
22,003
22,143
22,319
22,441
22,547
22,602
22,651
22,700
22,740
22,779
22,786
22,759
3,092
3,100
3,105
3,115
3,129
3,141
3,156
3,173
3,188
3,208
3,225
3,239
:
2,361
2,361
2,362
2,327
2,231
2,194
2,206
2,277
2,287
2,257
2,194 •
2,201
2,193
8,591
8,079
2,205
2,202
8,835
2,277
8,995
9,193
2,204
9,442
2,249
9,670
2,303
9,839
2,360
2,379
10,001
10,270
2,220
10,496 , 2,194
10,985
2,189
920
2'M)
285
334
345
010
72M
732
760
739
23S
256
2,1!)
258
25S
250
250
255
259
261
262
2tH
270
275
283
5,780 3,033
5,808 8.03S
5,420 2.653
5,300 2,510
! 5,638 2,800
i 5,484 2,593
j 5,861 i 2,907
6,181 2,458
1 6,345 1,852
6,591 2,013
6,785 2,219
6,665 2,046
'
,
!
'
6,716
0,747
6,704
6,824
6,932
6,878
6,845
6,701
6,854
ti,M51
6,919
6,879
2,093
2,152
1,371
1,552
927
876
876
750
900
1,013
1,104
1,071
7, 183
7,230
l.r.IJ
1 , 106
1,321
2,071
2,521
2,/0J
7! i tin
7, 587
7,878
8,107
8,11!)
8,190
8,540
8,727
8,745
f»,(120
8,025
M,OlM
9,624
9,997
10,083
io,;tn
10, (WM
11, 4W
11,80'J
Il.tiSS
11,473
11,985
12.215
I2 ? ?n2
12,703
i:i,os0
13,5Mb
13,745
13,408
13,fii3
14,04:1
11,131 j
14,049
14,3M
111, 'Wh
13,979
13,f)00
1^ , 650
13,201
13,120
13,004
13,181
13,097
12.900
12,812
;uK>ii
1VJ3.1
2,92I»
3,1411
3,270
:i,220
3,481
3,n73
n,M2
3,926
1,212
1,210
4,402
1,007
r»,it-s
3,4MO
'3! oil
5,464
5,620
,i,?:n
i'>,wi:j
1..28S
ti,090
'i,73J
.1,407
j,rw
»,861
'),83)
1,010
t,S'i2
1
t, I'*.
t t , 30-1
,\SS'J
o,831
.i,,'l 3 1
,),103
,>,W7
,i,lHi
ft, no i
;;,t»n
;;,3HO
1
Figures for excess reserves not available prior to 1929, or for March 1933. Figures are for licensed basiks onlv April 1933-April 1934, MT foe tnot»>
2, Table 100. p. 368,
s Less than 8500,000.
MEMBER BANK RESERVES AND RELATED ITEMS
373
NO. 102-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
END OF MONTH FIGURES, 1914-1941
[In millions of dollars]
Reserve Bank credit outstanding
Year and month
Bills
discounted
Bills
bought
U.S.
Government
securities
Gold
stock
Treasury
currency
outstanding
Money
in circulation
TreasMember bank
ury
Other reserve 1 jalances
deFedTreasNoneral
ury
posits memwith ber de- Recash
Exhold- Federal poaits serve
cess1
Reacings
Total i (estiserve
counts
mated)
Banks
All
other
Total
1
9
11
1,520
1,526
2,269
2,197
3,123
3,032
403
428
(3)
36
18
18
21
35
35
39
53
53
53
53
52
52
53
53
1914
November (Monday)
December (Thursday)—... .
9
10
1915
January (Saturday)
February (Saturday)
March (Wednesday)
April (Friday)
May (Monday)
June (Wednesday)
July (Saturday)
August (Tuesday)
September (Thursday)
October (Saturday)
November (Tuesday)
December ( Friday )
14
19
22
23
25
27
29
30
32
31
34
32
3
11
14
9
9
11
13
13
13
17
24
*
5
7
7
7
8
8
9
9
11
13
16
11
12
15
19
23
12
17
28
27
25
27
12
28
39
56
62
64
56
66
80
82
80
91
84
1,535
1,551
1,582
,606
,642
,699
,720
,789
,837
,911
1,973
2,025
2,140
2,097
2,061
2,029
2,002
1,981
1,966
1,956
1,950
1,944
1,942
1,938
2,966
2,955
2,977
2,997
3,030
3,033
3,036
3,115
3,168
3,232
3,257
3,302
444
416
400
374
338
347
361
341
314
293
293
291
15
15
15
17
137
79
69
63
14
34
18
24
12
27
61
34
1916
January (Monday)
February (Tuesday)
March (Friday)
April (Saturday)
May (Wednesday)
June (Friday)
July (Monday)
August (Thursday)
September (Saturday)
October (Tuesday)
November (Thursday)
December (Saturday)
26
22
21
21
20
21
27
27
26
22
21
29
26
30
40
48
52
71
82
83
81
86
106
129
23
32
40
49
56
57
56
55
53
52
51
55
20
28
33
37
45
23
27
28
24
29
21
9
95
112
135
156
173
172
192
192
184
189
199
222
2,038
2,038
2,036
2,031
2,049
2,158.
2,219
2,262
2,343
2,427
2,449
2,556
1,933
1,929
1,925
1,920
1,916
1,912
1,908
1,904
1,902
1,897
1,897
1,901
3,305
3,316
3,326
3,334
3,298
3,362
3,371
3,450
3,535
3,589
3,590
3,679
263
287
272
279
285
289
359
336
314
309
298
284
28
35
38
41
48
101
53
51
39
30
27
28
55
58
28
37
79
36
86
51
110
206
248
129
53
53
53
53
52
54
53
53
52
55
56
55
16
19
22
34
51
202
134
H7
239
520
756
660
92
119
85
74
112
203
184
155
177
184
205
273
50
48
105
119
114
66
68
78
99
114 89
122
57
63
68
80
72
125
246
132
88
174
162
116
214
249
280
307
350
596
632
512
602
993
1,213
1,171
2,635
2,709
2,818
2,850
2,846
2,933
2,903
2,878
2,864
2,866
2,867
2,868
1,900
1,903
1,903
1,902
1,903
1,899
1,901
1,905
1,907
1,913
1,920
1,923
3,702
3,833
3,886
3,907
3,969
3,779
3,686
3,693
3,764
3,820
3,965
4,086
264
242
252
245
223
237
218
267
247
246
203
225
25
13
50
112
92
268
214
156
61
291
224
101
6
13
14
26
21
43
29
49
83
32
47
34
55
56
55
57
58
57
55
60
61
67
72
71
698
702
742
712
735
il,045
1,233
1,070
1,157
1,315
1,489
1,447
1918
January (Thursday)
February (Thursday)
March (Saturday)
April (Thursday)
May (Saturday)
June (Saturday)
July (Friday)
August (Monday)
September (Monday)
October (Saturday)
November (Monday)
December (Tuesday)
611
498
588
911
897
888
1,269
1,449
1,692
1,732
1,775
1,766
285
299
327
294
256
217
198
235
290
. 383
380
287
131
224
326
78
147
255
57
57
81
116
122
,239
133
192
115
121
138
207
139
131
143
172
157
206
1,161
1,213
1,356
1,405
1,439
1,567
1,663
1,871
2,205
2,403
2,434
2,498
2,873
2,875
2,878
2,879
2,885
2,876
2,875
2,874
2,866
2,869
2,872
2,873
1,931
1,937
1,939
1,916
1,399
1,880
1,853
1,842
1,825
1,815
1,798
1,795
3,849
4,028
4,109
4,147
4,129
4,195
4,277
4,489
4,740
4,858
4,908
4,951
371
278
277
262
269
282
310
269
273
262
268
288
166
142
96
120
167
66
80
76
95
240
203
51
59
79
98
93
134
129
124
136
130
163
122
121
77
88
82
87
82
87
88
99
104
103
115
118
1,443
1,410
,511
,491
,440
,564
,514
,519
,556
,463
,488
,636
1919 •
January (Friday)
February (Friday)
March (Monday)
April (Wednesday)
May (Saturday)
June (Monday)
July (Thursday)
August (Saturday)
September (Tuesday)...
October (Friday)
November (Saturday)
December (Wednesday).,.
1,601
1,880
1,899
1,940
2,005
1,800
1,856
1,825
1,974
2,129
2,205
2,215
281
276
236
180
186
316
373
•367
300
394
502
574
295
183
203
221
230
292
244
271
283
301
315
300
158
119
93
105
64
102
116
120
156
122
156
203
2,335
2,457
2,431
2,445
2,484
2,511
2,588
2,583
2,714
2,946
3,179
3,292
2,875
2,878
2,878
2,890
2,890
2,826
2,777
2,838
2,860
2,816
2,757
2,707
1,771
1,747
1,727
1,713
1,709
1,709
1,705
1,708
1,705
1,712
1,711
1,707
4,632
,635
.661
,656
,631
,590
,583
• ,661
,750
,840
,982
5,091
335
360
363
358
345
380
384
398
414
418
403
385
65
211
116
85
-132
51
61
46
83
100
98
31
132
124
137
128
148
122
119
102
98
98
93
101
124
131
145
144
158
146
160
166
173
185
198
208
1,693
1,621
1,614
1,676
1,668
1,758
1,762
1,756
1,762
1,833
1,873
1,890
1920
January (Saturday)
February (Saturday)
2,169
2,438
562
536
304
294
168
176
3,203
3,444
2,643
2,600
1,700
1,685
4,890
5,073
423
335
66
106
92
93
219
233
1,855
1,889
1917
January (Wednesday)
February (Wednesday)
March (Saturday)
April (Monday)
May (Thursday)
June (Saturday)
July (Tuesday)
August (Friday)
September (Saturday)
October (Wednesday). _._.
November (Friday)
December (Monday)
(3>
For footnotes see end of table, p. 377.
BANKING AND MONETARY STATISTICS
374
NO. 102-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
END OF MONTH FIGURES, 1914-1941-Continued
(In millions of dollars]
Reserve Bank credit outstanding
Year and month
Bills
discounted
1920
March (Wednesday K,,...~ 2,463
2,535
April (Friday)
2,555
2,468
June (Wednesday)
2,500
July (Saturday)..-.--.
August (Tuesday)
.-.. 2.672
September (Thursday )._.. 2,726
2,808
October (Saturday)
November (Tuesday )_.... 2,722
2.687
December (Friday)
1921
January (Monday)
2.457
2,390
2,233
2,077
,908
May (Tuesday)
June (Thursday) __.,.,
,751
,642
July (Saturday)
August (Wednesday) ,..-. ,492
.413
September (Friday)
.313
October (Monday)
November (Wednesday),.. .182
December (Saturday)
_. ,144
March (Thursday)
Gold
stock
Money
in circulation
Treasury
cash
holdings
Treasury
deposits
with
federal
ReicrvQ
Banks
Nonmember de~
poeits
5,104
5,122
5,165
5,181
5,167
5,261
5,329
5,411
5,356
5,325
268
249
235
234
215
216
223
219
225
218
20
38
32
25
16
38
42
19
22
57
102
99
90
65
45
48
29
22
22
23
240
254
274
280
294
308
322
337
345
298
1,856
1,860
1,864
1,822
1.840
1,793
1,807
1,817
1.727
1.781
235
223
254
232 !
224
198
208
209
218
223
215
214
29
51
92
32
39
43
33
47
99
43
46
96
26
27
34
34
30
28
25
25
25
31
27
27
308
317
327
334
338
338
341
343
348
350
348
285
1,722
1,705
1,659
1,667
1,602
1,604
1.625
1,619
1.581
1.659
1,670
1.753 j
U.S.
Government
securities
All
other
Total
420
407
420
385
346
307
301
299
241
260
298
294
306
341
321
306
300
296
306
287
160
144
132
150
141
118
136
130
102
120
3,342
3,380
3,414
3.343
3,309
3,403
3,464
3,533
3,371
3,355
2,563
2,554
2,569
2,578
2,575
2.564
2,586
2,581
2,610
2,639
1,687
1,687
1.686
1,687
1,693
1,697
1,702
1,710
1.715
1,709
164
169
110
75
40
18
35
45
86
73
145
287
283
277
267
266
259
244
230
228
193
205
234
41
32
49
43
23
45
36
21
20
16
27
40
2,949
2,874
2.678
2,496
2,273
2.096
1.940
1,778
1,706
1,607
1,487
1,563
2,679
2,713
2,799
2.877
2.944
2.988
3,060
3.152
3.232
3,285
3,340
3,373
1,707
5,016
1,722
4,986
4,837
1,726
4.793
1,718
1.745 ! 4,728
4,624
1,750
1,742
4,510
4,453
1,766
4,457
1.789
1,821
4.408
1,841 4,364 !
1,842
4.403
Bills
bought
ne
Member bank
Other reserve balances
F«deral
ReExserve
ceu*
acTotal1 (estimated)
counts
Treasury
currency
outstanding
1922
January (Tuesday)
February (Tuesday)
March (Friday)
April (Saturday)
May (Wednesday)
June (Friday)
, „„„.„.,
July (Monday)
August (Thursday) . __ .
September (Saturday).
October (Tuesday)
November (Thursday)
December (Saturday )_..._
839
713
680
510
471
461
406
397
464
576
650
018
75
93
105
91
118
161
140
180
244
258
259
272
293
408
456
587
603
555
537
507
483
363
304
436
14
18
8
20
2
24
17
46
58
41
41
79
1.221
1,233
1.249
1,208
1,195
1.202
1,100
1,130
1,249
1,238
1.254
1,405
3.398
3,436
3,463
3,477
3,484
3,498
3.542
3,568
3,586
3.601
3.619
3.642
1,834
1,836
1,842
1,850
1.861
1,862
1,865
1,878
1,893
1.906
1,928
1.958
4.154
4,204
4,210
4,181
4,168
4,176
4,137
4,193
4,321
4,359
4,417
4,530
224
220
225
224
221
220
241
227
224
223
236
225
83
54
88
52
54
33
59
48
15
34
33
11
30
35
38
43
34
30
27
23
25
29
19
29
285
282
284
281
281
283
282
282
286
287
288
276
1,678
1,710
1,709
1.755
1,782
1.820
1.761
1.804
1.857
1,813
1,808
1,934
1923
January (Wednesday)
February (Wednesday)
March (Saturday)
....
April (Tuesday)
May (Thursday). .........
June (Saturday)
July (Tuesday)
August (Friday") ,
September (Saturday )_„..
October (Thursday)
November (Friday)
December (Monday)
597
596
699
725
771
837
826
865
884
884
803
723
189
208
263
272
259
206
183
172
173
205
300
355
354
363
250
185
192
102
98
102
96
92
104
134
34
46
58
29
16
58
41
40
59
39
15
27
1,174
1,213
1.270
1,211
1,237
1,202
1,148
1,179
1,212
1,219
1,223
1,238
3.666
3.676
3.683
3.695
3.741
3.763
3,792
3.824
3,849
3.880
3,920
3,957
1,968
1,977
1,980
1,990
1,998
1.975
1.995
1,998
2.003
2,005
2.007
2,009
4.327
4,416
4.460
4.472
4.510
4,536
4,500
4,589
4.658
4.642
4,731
4.757
213
221
232
219
221
209
219
220
215
223
218
213
46
43
79
40
28
34
36
47
50
40
33
38
32
21
20
21
36
29
23
20
23
23
22
23
275
275
279
279
280
280
279
28G
281
282
282
275
1,913
1,888
1,863
1,865
1,900
1,852
1.878
1,845
1,839
1,895
1,865 -»•---1,898
1924
January (Thursday) . ...
February (Thursday),...,.
March (Monday)
April (Wednesday)
.....
May (Saturday)
„
June (Monday)
July (Thursday)
August (Saturday). _. ,,
September (Tuesday)
October (Friday)
November (Saturday)....
December (Wednesday)..
532
529
518
447
441
334
293
275
276
264
242
320
286
268
228
-. 124
80
37
23
58
132
200
314
387
126
165
263
302
353
431
523
542
576
584
584
540
27
36
17
38
18
30
36
48
30
36
47
54
972
998
1,026
911
892
831
875
923
1.014
1,084
1,186
1,302
4.002
4,036
4,077
4,124
4.168
4.201
4,224
4.234
4,224
4,222
4,240
4,212
2.011
2,014
2,015
2,017
2,019
2,019
2.018
2,018
2.0T7
2,020
2,024
2,025
4,490
4,600
4,612
4,566
4,618
4,562
4,469
4,572
4,576
4,655
4,765
4,760
214
216
228
212
223
219
224
221
222
219
219
211
38
43
100
33
47
43
45
36
56
27
37
51
22
21
22
28
21
23
32
33
30
29
29
39
270
26S
269
268
264
261
256
253
259
258
258
258
1,951
1,900
1,885
1,945
1,906
1,944
2,091
2,060
2.111
2,138
2,143
2,220
1925
322
313
January (Saturday)
426
315
February (Saturday)
313
408
March (Tuesday)
._
262
April (Thursday) . .. ..
440
288
462
May (Saturday)
June (Tuesday)
254
491
207
517
July (Friday)
212
585
August (Monday).
-September (Wednesday).
268
643
October (Saturday)
619
347
November (Monday)
359
688
374
643
December (Thursday)
For footnotes see end of table, p. 377.
391
379
360
348
348
353
329
330
343
327
342
375
61
68
33
45
43
46
40
32
41
59
33
67
1,087
1.179
1,115
1,095
1.141
1.144
1,093
1,159
1,295
1,353
1,421
1,459
4.136
4,077
4,052
4,055
4.070
4.073
4,080
4.095
4,095
4.120
4,110
4,112
2,028
2,025
2,016
2.009
2,003
1,997
1,990
1.988
1,985
1,983
1.981
1.977
4,515
4,561
4,524
4,495
4,550
4.524
4.505
4,579
4.629
4.682
4.757
4,817
220
214
210
205
206
204
204
209
208
219
214
203
58
38
42
31
40
25
22
30
31
39
39
16
41
34
28
30
31
27
25
23
27
32
33
29
257
260
264
264
263
263
263
264
269
271
273
272
2,159
2,175
2,114
2.135
2,125
2,172
2,145
2,137
2,210
2,214
2.197
2.212
MEMBER BANK RESERVES AND RELATED ITEMS
375
NO. 102-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
END OF MONTH FIGURES, 1914-1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Bills
discounted
Year and month
1926
January (Saturday)
February (Saturday)
March (Wednesday)
April (Friday)
May (Monday)
June (Wednesday)
July (Saturday)
August (Tuesday)
September (Thursday)
October (Saturday)' ,
November (Tuesday)
December (Friday)
Bills
bought
Gold
stock
U.S.
Government
securities
All
other
Total
Treasury
currency
out- (
stand-'
ing
Money
in circulation
Treasury
deTreasury
posits
with
cash
hold- Federal
Reings
serve
Banks
Non^,
member deposits
Other
Federal
Reserve
accounts
Member bank
reserve balances
Total i
491
585
641
580
557
521
568
641
681
690
662
637
302
301
250
210
238
249
216
258
280
323
364
381
351
327
330
393
396
385
372
322
304
301
306
315
47
48
42
41
51
39
50
36
48
47
43
49
1,191
1,261
1,262
1,223
1,243
1,194
1,206
1,256
1,314
1,361
1,376
1,381
4,125
4,136
4,155
4,151
4,146
4,160
4,184
4,186
4,179
4,186
4,190
4,205
1,980
1,981
1,983
1,984
1,986
1,986
1,986
1,984
1,988
1,990
1,992
1,991
'4,554
4,617
4,573
4,620
4,636
4,598
4,622
4,643
4,691
4,734
4,750
4,808
214
225
223
211
201
201
208
211
220
217
216
201
37
50
86
26
29
11
34
29
46
39
37
17
22
24
22
26
33
20
24
34
24
32
31
65
273
276
281
282
283
282
283
285
291
293
293
293
2.196
2,187
2,215
2,194
2,195
2,229
2,206
2,225
2,209
2,223
2,232
2,194
1927
January (Monday)-February (Monday)
March (Thursday)
April (Saturday) , _
May (Tuesday)
June (Thursday)
July (Saturday)
August (Wednesday) . -..
September (Friday).
.
October (Monday)
November (Wednesday)...
December (Saturday)
425
470
451
477
459
443
442
401
437
412
477
582
321
296
239
238
228
211
172
185
250
342
355
392
304
316
348
327
343
370
392
473
506
522
548
617
20
26
35
42
17
58
86
43
37
21
36
64
1,070
1,107
1,073
1,084
1,047
1,082
1,093
1,102
1,231
1,296
1,416
1,655
4,277
4,299
4,310
4,323
4,321
4,300
4,293
4,301
4,284
4,254
4,164
4,092
1,990
1,992
1,996
1,999
2,005
2,003
2,003
2,003
2,003
2,004
2,005
2,006
4,559
4,598
4,575
4,604
4,606
4,564
4,559
4,567
4,661
4,659
4,665
4,716
207
211
212
202
207
211
204
203
209
207
203
208
37
43
38
23
32
31
25
13
27
21
2
18
23
23
21
22
33
34
28
30
29
41
33
26
294
294
297
299
299
296
296
295
302
303
304
301
2,218
2,229
2,237
2,257
2,197
2,249
2,277
2,299
2,293
2,324
2,379
2,487
1928
January (Tuesday)
- ..
February (Wednesday)....
March (Saturday) .
April (Monday)
May (Thursday) .„
June (Saturday)
July (Tuesday)
August (Friday)
September (Saturday)
October (Wednesday)...,.
November (Friday)
December (Monday)
.
423
493
599
834
,021
,095
,031
,108
,071
932
,088
,056
379
344
350
357
292
217
162
192
284
440
486
489
437
408
395
296
220
235
215
219
,243
227
237
228
15
19
21
8
15
38
25
35
44
25
26
35
1,254
1,264
1,365
1,496
1,548
1,585
1,433
1,553
1,641
1,624
1,837
1,809
4,086
4,075
4,018
3,979
3,873
3,822
3,826
3,836
3,838
3,855
3.841
3,854
2,004
2,007
2,006
2,007
2,008
2,006
2,004
2,006
2,008
2,011
2,012
2,012
4,390
4,403
4,462
4,461
4,457
4,510
4.414
4,516
4,559
4,519
4,703
4,686
210
205
204
201
214
200
201
202
200
208
210
202
20
28
21
30
40
24
24
22
18
20
31
23
24
23
23
30
25
29
29
28
37
28
25
27
309
311
313
318
322
325
329
334
339
344348
348
2,391
2,375
2,366
2,442
2,371
2,325
2,267
2,294
2,334
2,371
2,373
2,389
1929
January (Thursday) .. ...
February (Thursday)
March (Saturday)
April (Tuesday)
May (Friday)
_..
June (Saturday)
. .,
July (Wednesday)
August (Saturday)
September (Monday)
October (Thursday )._
November (Saturday)--,,,,
December (Tuesday)
805
973
1,095
949
1,068
1,037
1,076
1,046
958
1,000
1,030
632
440
330
200
179
117
82
75
176
293
355
256
392
202
169
172
163
143
216
147
150
163
321
326
511
37
38
69
36
32
65
49
68
45
67
65
48
1,484
1,510
1,536
1,327
1,360
1,400
1,347
1,440
1,458
1,743
1,677
1,583
3,840
3,866
3,901
3,973
4,014
4,037
4,054
4,073
4,085
4,099
4,080
3,997
2,011
2,008
2,013
2,016
2,018
2,019
2,013
2,004
2,010
2,020
2,024
2,022
4,370
4,411
4,461
4,389
4,451
4,459
4,430
4,553
4,532
4,551
4,642
4,578
206
207
201
215
216
204
212
198
217
206
219
216
17
21
28
28
32
36
14
20
61
15
39
29
29
25
41
35
33
28
28
24
28
31
26
30
352
359
363
369
373
374
376
385
390
394
398
393
2,362
2,362
2,357
2,282
2,288
2.356
2,355
2,337
2,326
2.666
2,458
2,355
1930
January (Friday)
February (Friday)
March (Monday)
April (Wednesday)
May (Saturday)
June (Monday)
July (Thursday)
August (Saturday)
September (Tuesday)
October (Friday)
_„
November (Saturday)
December ( Wednesday )...
394
353
310
233
313
272
200
215
272
207
275
251
294
270
279
210
185
128
130
168
209
163
175
364
479
480
535
530
528
591
577
602
597
602
599
729
42
37
25
33
23
27
27
40
25
26
30
29
1,209
1,140
1,149
1,006
1,049
1,018
934
1,025
1,103
998
1,079
1,373
4,004
4,066
4,136
4,204
4,230
4,248
4,230
4,214
4,224
4.248
4,284
4,306
2,021
2,022
2,022
2,024
2,024
2,025
2,023
2,025
2,027
2,028
2,028
2,027
4,275
4,292
4,262
4,189
4,264
4,235
4,139
4,246
4,214
4,206
4,373
4,603
211
219
211
211
207
210
213
210
216
212
212
211
38
42
40
23
43
27
23
21
39
18
23
19
25
25
28
27
24
40
28
24
26
29
25
28
393
394
399
400
395
391
389
386
393
392
386
375
2,293
-2,260
2,367
2,385
2,369
2,389
2,396
2,378
2,467
2.418
2,373
2.471
1931
January (Saturday)
February (Saturday)
March (Tuesday)...
April (Thursday)
May (Saturday)
June (Tuesday)
July (Friday)
August (Monday)
September (Wednesday)..
October (Saturday)
November (Monday)
December (Thursday)
232
198
250
157
174
149
195
273
333
728
718
638
125
109
124
163
125
106
73
215
469
681
452
339
For footnotes see end of table, p. 377.
610
599
599
598
598
668
678
728
742
727
717
817
13
20
17
19
20
20
30
39
34
48
44
59
980
926
990
937
917
943
976
1,2-55
1,578
2,184
1,931
1,853
4,356
4,378
4,410
4,439
4,511
4,669
4,662
4,708
4,454
4,005
4,127
4,173
2,025
2,025
2,026
2,024
2,022
2,022
2,024
2,023
2,023
2,024
2,027
2,035
4,323
4,333
4,321
4,365
4,415
4,535
4,550
4,765
4,959
5,253
5,249
5.360
209
217
217
218
213
224
217
224
227
225
226
222
27
33
56
35
22
47
20
70
22
32
32
54
24
23
22
27
31
77
140
189
120
181
170
110
381
379
383
383
381
371
369
365
362
356
357
354
2,398
2,343
2,428
2,371
2,389
2,381
2,367
2,373
2,364
2,167
2,051
1.961
Ex.
cess8
(estimated)
-
.
159
74
-3
-33
BANKING AND MONETARY STATISTICS
376
NO. 102-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
END OF MONTH FIGURES, W4-1M1-Cofltinu«d
[In millions of dollars]
Reserve Bank credit outstanding
Year and month
Bills
discounted
Bills
bought
Gold
stock
U.S.
Government
securities
All
other
Treasury
currency
outstanding
Money
in circulation
Total
Meml«r bank
TreasOther reserve balanced
ury
TreasNon- ! Feddeury i posits memeral
cash
Exwith ber de- Rehold- Federal peeitS serve
ce«>
ings
acTotal' (estiRemated)
counts
serve
Banks
1932
January (Ruturday) » _ _ _ _
February (Alonday)
March (Thursday) .....
April (Saturday)
.......
May (Tuesday)
..
Jung (Thursday)
July (Saturday)
August (Wednesday)
September (Friday) _,-.„
October (Monday)
November (Wednesday)...
December (Saturday)
899
828
639
556
490
440
538
433
332
328
309
235
153
109
68
48
36
67
43
34
33
34
35
33
746
740
872
1,228
1,549
1,784
1,841
1,852
1,854
1,851
1,851
1,855
58
32
18
18
21
19
17
12
14
14
8
22
1,856
1,709
1,597
1,850
2,096
2,310
2,439
2,331
2,233
2,227
2,202
2,145
4,129
4,067
4,103
4,080
3,865
3,632
3,687
3,801
3,906
3,977
4,053
4,226
2,039
2,055
2,060
2,060
2,059
2,057
2,056
2,106
2,154
2,186
2,199
2,204
5.354
5,317
5,172
5,178
5,193
5,408
5,439
5,405
5,366
5,341
5,361
5,388
227
229
225
234
240
218
242
247
264
246
251
272
39
36
30
22
17
4
57
59
51
32
24
8
107
53
59
79
109
42
49
36
36
31
50
43
351
347
350
352
348
345
344
345
352
357
357
355
1,947
1,849
1.924
2,124
2.113
1,982
2,052
2,146
2,225
2,383
2,411
2,509
40
3
87
263
262
162
259
330
375
499
498
576
1933
January (Tuesday) ......
February (Tuesday )_„„_„.,_
March (Friday),,... „ . „ _ _
April (Saturday)
, „
May (Wednesday)
June (Friday)
„. .
July (Monday)
August (Thursday) . _ - . _
September (Saturday).
October (Tuesday) .. „
November (Thursday)....
December (Saturday) . ..
274
582
447
435
302
164
167
153
128
116
110
98
31
336
305
171
20
48
9
7
7
7
24
133
1,763
1,866
1,838
1,837
1,890
1,998
2.028
2,129
2,277
2,421
2.432
2,437
8
10
3
16
7
10
6
8
9
5
7
20
2,077
2,794
2,593
2,459
2,218
2,220
2,209
2,297
2,421
2,548
2,581
2,688
4,266
4,093
3.995
4,025
4,028
4,031
4,033
4.041
4.037
4,036
4,036
4,036
2,204
2,217
2,289
2,305
2,298
2,286
2,281
2.281
2,278
2,277
2 277
2,303
5.358
6,258
6,033
5,716
5,525
5,434
5,343
5,325
5,363
5,348
5,455
5,519
289
264
364
338
273
264
291
272
275
272
287
284
44
15
41
59
72
35
66
69
56
27
82
3
64
80
143
188
155
166
184
197
155
173
142
132
346
346
348
355
353
346
346
347
348
356
354
360
2,446
2.141
1,949
2,132
2,167
2,292
2,294
2.409
2,538
2,685
2,573
2,729
507
317
249
366
339
475
468
595
713
842
727
859
1934
January (Wednesday ) „ _ _ _ _
February (Wednesday)
March (Saturday)
„__.
April (Monday)
May (Thursday)
June (Saturday)
July (Tuesday)
....
August (Friday }..._,...._„.
September (Saturday).....,
October (Wednesday ) _ _ _ „ _
November (Friday) ......
December (Monday) „
83
64
54
39
31
25
22
23
15
11
11
7
111
62
29
9
5
5
5
5
6
6
6
6
2,434
2,432
2,447
2,431
2,430
2,432
2,432
2,432
2,431
2,430
2,430
2,430
2
8
IS
6
-4
10
3
4
11
8
6
20
2,630
2,567
2,545
2,485
2,463
2,472
2,462
2,464
2.464
2.455
2,453
2,463
4,033
7,438
7,694
7,757
7,779
7,856
7,931
7,978
7,978
8,002
8,132
8,238
2,302
2,302
2,361
2,378
2,368
2,366
2,361
2,408
2,405
2,434
2,468
2,511
5,289
5,354
5,394
5,368
5.357
5,373
5,317
5,396
5,456
5,453
5,549
5,536
355
3,395
3,253
3,033
2,997
2,951
2,912
2,917
2,906
2,939
2.951
3.029
242
45
39
115
55
64
59
51
145
92
71
121
141
127
157
268
222
233
207
208
178
164
161
189
287
292
299
236
232
232
229
226
228
237
239
241
2,652
745
,146
3,093
,444
3,457
,534
3,599
,662
3.746
,732
3,840
4,029
,875
,887
4,052
,727
3,934
4,008
,748
4,081
,801
4,096 ! 1,814
1935
January (Thursday)
February (Thursday)
March (Saturday)
April (Tuesday)
May (Friday)
June (Saturday)
. .
July (Wednesday)
August (Saturday). . „ „ _ _
September (Monday) „„ .
October (Thursday)
November (Saturday)..,
December (Tuesday)
7
6
8
6
8
6
7
11
10
6
6
5
6
6
5
5
5
5
5
5
5
5
2,430
2,430
2,437
2,4i)
2,430
2,433
2,430
2,432
2,430
2,430
2,430
2,431
19 2,461
23 2,465
21 2,471
27 2,468
26 2,469
37 2,480
23 2,465
37 2,485
32 | 2,477
40 2,482
39 2,480
45 2,486
8,391
8,527
8,567
8,710
8,858
9,116
9,144
9,203
9,368
9,693
9,920
10,125
2,495
2,519
2,540
2,544
2,525
2,506
2,510
2,398
2,386
2,400
2,438
2,476
5,380
5,467
5,493
5,478
5,540
5,568
5,518
5,629
5,683
5,713
5,846
5,882
2,915
2,909
2,939
2,898
2,909
2.866
2,865
2,635
2,685
2.604
2,573
2,566
76
95
419
98
60
102
126
59
55
53
46
544
191
207
226
271
254
325
253
198
304
299
284
255
243
246
253
263
257
261
257
260
250
258
253
253
4,543
4,587
4,247
4,715
4,832
4,979
5,100
5,305
5,254
5,648
5,835
5,587
2,206
2,199
1,846
2,253
2,318
2,414
2,513
2,708
2,600
2,970
3,100
2,844
1936
January (Friday)
„.„.
February (Saturday) _ „
March (Tuesday)
A pri 1 ( Th ursday )
May (Saturday) .. ,.._„
June (Tuesday)
...
July (Friday)
August (Mondav)
September (Wednesday ) . „
October (Saturday)
._ ,
November (Monday).,....
Dece mber ( Th ursday )...__
9
7
8
5
5
4
4
g
9
6
7
3
5
5
5
5
3
3
3
3
3
3
3
3
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
35
40
31
34
35
35
24
30
30
36
13
64
2,479
2,482
2,474
2,475
2,474
2,473
2,462
2,471
2,473
2,476
2,453
2,500
10,182
10,167
10,184
10,225
10,402
10,608
10,648
10,716
10,845
11,045
11,184
11,258
2,493
2,499
2,504
2,500
2,490
2,498
2,496
2,500
2,512
2,515
2,521
2,532
5,737
5,846
5,877
5,886
5,953
6,241
6,162
6,227
6,267
6,351
6,466
6,543
2,548
2,513
2,530
2,531
2,583
2,497
2,432
2,404
2,458
2.388
.2,364
.2,376
453
424
1,077
682
518
690
447
104
253
304
327
332
356
337
262
306
287
234
205
201
259
253
254
259
260
256
257 I
253
256
262
262
261
261
5,860
5,784
5,087
5,486
5,719
5,633
6,005
6,410
6,357
6,753
6,788
6,606
3.084
2,986
2,305
2,664
2,866
2,717
3,029
.1.950
11)37
January (Saturday)
3
February (Saturday)
5
March (\Vednesday)
...
12
April (Friday)
„
12
May (Mondav)
17
June (Wednesday)
10
July (Saturday)
15
22
August (Tuesdav )„«,._..„_.
September (Thursday)
„
22
21
October (Saturday)
November (Tuesday )...„._
17
December (rfriday).
10
For footnotes see opposite page.
3
3.
3
4
6
4
3
3
3
3
3
1
2.430
2,430
2,430
2,525
2,526
2,526
2,526
2,526
2,526
2,526
2.564
2,564
60
27
12
24
35
22
30
26
28
30
23
38 |
2,497
2,465
2,458
2.565
2,585
2,562
2,574
2,577
2,579
2,580
2,606
2.612
11,358
11,436
11,574
11,799
11,990
12,318
12,446
12,567
12,741
12,803
12,774
12,760
2,532
2,536
2,541
2,543
2,547
2,550
2,572
2,585
2,599
2,609
2,621
2,637
6,349
6,399
6,377
6,426
6,462
6,447
6,460
6.524
6,542
6,555
6,561
6,550
2,520
2,608
2,753
2,967
3,144
3,445
3.586
3,720
3,582
3,661
3,631
3.61Q
105
194
311
260
253
258
257
255
260
258
257
265
263
261
263 i
6,781
6,695
6,639
6.881
6,915
6,900
6,753
6,751
7,014
6,928
6,962
7,027
2,152
2,078
1,398
1,594
918
865
791
773
1,038
1,055
1,169
1,212
5
5
78
244
m
73
£3 !
233
139
141 l
114
121
142
281
288
236
288
272
285
301
337
374
472
465
407
,
i
i
!
1
:,840
I!. 175
2,236
1,984
MEMBER BANK RESERVES AND RELATED ITEMS
377
NO. 102-MEMBER BANK RESERVES, RESERVE SANK CREDIT, AND RELATED ITEMS,
END OF MONTH FIGURES, 1914-1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Year and month
U. S. Government
securities
Bills
Ma- Madisturing turing
countTotal within after
ed
5
5
years4 years 4
Gold
stock
All
other
Total
Treasury
currency
outstanding
Money
In circulation
Treasury
cash
holdings
Treasury
deposits
with
Federal
Reserve
Banks
Nonmember deposits
Other
Federal
Reserve
accounts
Member bank
reserve balances
Total '
Excessa
(estimated)
1938
January (Monday)
February (Monday)
March (Thursday)
April (Saturday)
,
May (Tuesday)
June (Thursday).
_
July (Saturday)
August (Wednesday)
September (Friday)
October (Monday)
November (Wednesday). .
December (Saturday).. .-
12
10
13
9
9
8
7
7
8
7
7
4
2,564
2,564
2,580
2,564
2,564
2,564
2,564
2,564
2,563
2,564
2,564
2,564
1,889
1,902
1,892
1,968
1,972
1,899
1,899
1,899
1,854
1,857
1,857
1,804
674
661
688
596
592
665
665
665
709
707
707
760
16
16
18
21
9
23
18
14
29
14
13
33
2,593
2,590
2.611
2,594
2,582
2,596
2,589
2,585
2,600
2,586
2,584
2,601
12,756
12,776
12,795
12,869
12,919
12,963
13,017
13,136
13,760
14,065
14,312
14,512
2,655
2,668
2,679
2,690
2,702
2,713
2,721
2,731
2,739
2,751
2,773
2,798
6,320
6,334
6,355
6,397
6,467
6,461
6,452
6,504
6,622
6,700
6,787
6,856
3,648
3,594
3,550
2,195
2,263
2.303
2,348
2,480
2,810
2,770
2,689
2,706
150
180
316
1,320
1,157
860
721
720
853
535
484
923
388
423
315
355
390
363
384
313
356
424
574
441
260
257
262
263
261
261
257
255
260
260
259
260
7,237
7,248
7,287
7,623
7,665
8,024
8,164
8,179
8,198
8,713
8,876
8,724
1,383
1,415
1,546
2,548
2,568
2.875
3,022
2,941
2,869
3,227
3,383
3,205
1939
January (Tuesday)
February (Tuesday)
March (Friday)
April (Saturday ) „ . _ _ . _ _ .
May (Wednesday) ..
June (Friday)
July (Monday)
August (Thursday)
September (Saturday)
October (Tuesday)
November (Thursday)
December (Saturday)
5
4
4
3
4
5
5
5
6
6
8
7
2,574
2,564
2,564
2,571
2,564
2,551
2,488
2,426
2,804
2,736
2,552
2,484
1,814
1.804
1,734
1,740
1,734
1,720
1,658
1,594
1,585
1,517
1,362
1,220
760
760
830
830
830
830
830
832
,219
,219
,191
,265
28
30
18
20
4
23
-8
14
68
59
89
102
2,607
2,598
2,587
2,595
2,573
2,579
2,486
2,446
2,879
2,801
2,650
2,593
14,682
14,874
15.258
15,791
15,957
16,110
16,238
16,646
16,932
17,091
17,358
17,644
2,816
2,824
2,839
2,849
2,862
2,881
2,895
2,907
2,919
2,932
2,947
2,963
6,653
6,731
6,817
6,905
6,967
7,047
7,049
7,171
7,293
7,342
7,483
7,598
2,776
2,740
2,691
2,699
2,636
2,563
2,360
2,325
2,244
2,254
2,367
2,409
747
1,148
1,229
931
920
944
752
708
545
286
419
634
458
488
533
545
586
739
693
622
753
728
819
653
255
254
257
255
253
258
257
255
240
241
241
251
9,215
8,936
9,157
9,900
10,029
10,018
10,507
10,918
11,655
11,973
11,628
11,653
3,644
3,387
3,559
4.098
4,218
4,140
4,553
4,758
5.352
5,553
5,160
5.209
1940
January (Wednesday).
February (Thursday)..
March (Saturday)
April (Tuesday)
May (Friday)
June (Saturday), , _ _ „_. _
July (Wednesday)
August (Saturday).... ...
September (Monday)
October (Thursday)
November (Saturday)
December (Tuesday)
7
7
4
3
3
2
4
4
5
4
4
3
2,477 1,220 ,258
2,477 ,209 ,268
2,475 ,209 ,266
2,467 ,205 1,262
2,477 ,206 1,271
2,466 ,204 1,262
2,448 ,202- 1,246
2,436 ,192 1,244
2,434 .191 1,243
2,333 ,074 1,259
2,199 ,023 1,177
2,184 ,048 1,136
18
63
50
48
39
63
32
75
46
76
101
88
2,503
2,547
2,529
2,518
2,519
2,531
2,484
2,515
2,485
2,412
2,304
2,274
17,931
18.177
18,433
18,770
19,209
19,963
20,463
20,913
21,244
21,506
21,801
21,995
2,971
2,981
2,990
2,999
3,008
3,013
3,024
3,036
3,044
3,059
3,072
3,087
7,376
7,455
7,511
7,559
7,710
7,848
7,883
8,059
8,151
8,300
8,522
8,732
2,359
2.372
2.371
2,320
2,198
2,186
2,250
2,277
2,290
2,188
2,187
2,213
549
562
702
446
365
234
694
810
756
349
250
368
723
740
691
787
973
,198
,382
.516
,581
,661
,726
,732
248
247
255
256
253
261
262
261
268
271
277
284
12,150
12,328
12,423
12,919
13,237
13,781
13,498
13,541
13,727
14,208
14,215
14,026
5,559
5,692
5,828
6.149
6.385
6.857
6,514
6.525
6.655
6,960
6,849
6,615
1941
January (Friday)
February (Friday)
March (Monday)
April (Wednesday) ..
May (Saturday)
June (Monday) .
July (Thursday)
August (Saturday)
September (Tuesday)
October (Friday).. .
November (Saturday).....
December (Wednesday)...
2
3
3
2
4
2
5
11
11
6
6
3
,048
,048
955
,008
,008
951
951
951
951
908
908
917
64
78
56
48
92
81
104
80
69
119
122
104
2,250
2,265
2,243
2,234
2,280
2,267
2,293
2,275
2,264
2,309
2,312
2,361
22,116
22,232
22,367
22,506
22,575
22,624
22,675
22,719
22,761
22,800
22,785
22,737
3,097
3,102
3,109
3,122
3.134
3,149
3,166
3,181.
3,198
3,219
3,231
3,247
8,593
8,781
8,924
9,071
9,357
9,612
9,732
9,995
10,163
10,364
10,640
11,160
2,193
2,187
2,236
2,283
2,215
2,275
2,334
2,376
2,281
•2,207
2,188
2,215
688
343
1,180
865
443
980
877
906
423
987
429
867
,777
,805
,721
,830
,965
,831
,752
,821
,838
,899
1,644
1,360
282
281
288
288
285
290
287
284
292
290
288
291
13,930
14,203
13,371
13,524
13,724
13,051
13,151
12,794
13,227
12,580
13,140
12,450
6,380
6,534
5,776
5,771
5,801
5,210
5,215
4,796
5,169
4,557
3,828
3,085
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,184
2,1«4
2,254
1,136
1,136
1,230
1,177
1,177
1,234
1,234
1,234
1,234
1,277
],277
1,337
1
Figures for member bank reserve balances not available prior to 1917; figures from January to June 21, 1917 (when legislation became effective
changing the reserve requirements of member banks) are not comparable with later figures.
2
Figures for excess reserves not available prior to September 1931. Figures are for licensed banks only March 1933-April 1934; see footnote
2, Table 100, p. 368.
3 Less than 1500,000.
4
For data prior to 1938 see Table 91, pp. 343-44.
BANKING AND MONETARY STATISTICS
378
NO. 1U-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1922-1S41
[In millions of dollars]
Reserve Bank credit outstanding
Bills
accounted
Date
1922
.
.
- --
July 5
July 12
July 19
July 26
„
-. ..
.-,...
Aug 2
Aug. 9
Aug. 16
-
-
AugT 23
Aug. 30
Nov
Nov.
Nov.
Nov.
Nov
1
8
15
22
29
Dec.
pec.
Deo.
Dec
... ,
,
..
6
13
20
27
.
...
.... .
.....
„
..
Feb. 7
Feb. 14
Feb. 21
Feb. 28
7
14
21
28
1.513
1,315
1,255
1,208
3,377
3,383
3,389
3.388
1,841
1,840
1,838
1,836
4,398
4.253
4,188
4,137
219
222
223
231
68
15
78
96
29
26
33
31
285
287
286
287
1.731
1,736
1.674
1.652
90
94
78
83
305
342
385
355
31
9
12
16
1,265
1,269
1,260
1,176
3,397
3,409
3,416
3.428
1,833
1,833
1,835
1.836
4.144
4,127
4,144
4.170
226
241
227
211
115
113
79
64
36
31
34
31
284 i
285
284
285
1,689
1,715
1,744
1,677
96
102
87
87
103
413
444
598
443
441
28
16
30
13
14
1,244
1,193
1,307
1,160
1,193
3,435
3,441
3,452
3.455
3,459
1.838
1,839
1,840
1,841
1,841
4,193
4,192
4,179
4,180
4.176
222
217
221
216
228
61
24
17
66
. 56
33
36
51
40
40
284
284
285
285
285
1,725
1.720
1,845
1.668
MW
98
94
87
83
463
513
532
567
18
18
43
17
1,204
1,199
1,215
1,167
3,463
3,465
3,472
3,475
1,843
1,843
1,845
1,848
4.201
4.197
4,176
4,150
220
223
221
224
36
39
38
45
39
38
54
39
284
284
283
282
1,730
1,726
1,761
1,749
509
475
469
487
471
107
106
97
105
118
609
618
595
596
603
23
21
38
18
2
1,250
1,218
1,198
1,206
1,195
3.476
3,481
3,481
3.483
3,484
1.850
1,854
1,856
1.858
1.861
4.179
4,162
4,152
4,129
4,168
224
220
217
221
221
72
44
39
60
54
45
38
36
34
34
281
282
281
281
281
1,775
1,806
1.811
1.8)3
1.782
136
124
121
154
618
630
556
557
22
32
22
25
1.196
1,199
1,121
1,205
3.485
8,488
3.495
3,497
1.860
1,861
1.863
1,862
4,139
4,108
4.117
4,111
223
230
221
227
40
73
10
44
33
34
32
30
282
281
286
286
1,824
1,821
1,812
1,865
155
158
149
156
551
557
542
541
42
57
49
33
1,247
1,201
1,183
1,110
3,498
3.506
3.521
3,528
1.861
1,862
1.862'
1,863
4,216
4.144
4.119
4.106
221
216
222
225
37
21
49
46
29
29
29
26
283
284
283
283
1,819
1,876
1,864
1,815
150
147
150
166
172
497
492
489
485
498
60
42
53
46
46
1,108
1,063
1,073
1,087
1.120
3,543
3,549
3,553
3,559
3,563
1,866
1.869
1.872
1.875
1,878
4,131
4,141
4,147
4,161
4,172
217
220
220
225
224
17
28
33
44
52
30
24
24
22
23
283
284
283
283
283
1,838
1,784
1,790
1.785
1,807
405
387
424
420
,188
205
220
238
508
497
439
451
63
71
71
40
1.165
1,159
1,155
1.150
3.568
3,573
3,575
3,583
1,882
1.885
1,889
1,890
4,252
4,243
4,253
4,274
224
220
226
223
38
39
57
20
23
22
22
22
282
282
286
286
1.7M
1,811
1,775
1,798
235
247
257
258
483
475
447
409
61
58
101
52
1,214
1,304
1,316
1,187
3,595
3,598
3,600
3,599
1,893
1,896
1.899
1,903
4,321
4,369
4,351
4,337
217
221
221
223
15
12
13
24
20
19
22
18
286
286
287
287
1,843
1,891
1,921
1,800
588
640
653
614
650
261
259
261
257
259
.360
347
326
295
304
62
5
65
60
41
1,270
1,250
1,304
1,226
1.254
3.602
3.603
3,609
3,613
3,619
1,906
1.911
1.917
1.921
1.928
4,353
4,391
4,371
4,354
4,417
225
224
231
229
237
36
26
57
40
33
31
24
23
21
19
286
287
287
288
288
1,848
1,812
1,860
1,829
1,808
705
660
616
630
267
263
252
246
312
307
431
458
54
65
120
88
1,338
1,295
1,418
1,423
3,619
3,628
3.634
3,637
1.932
1,936
1,942
1,946
4.456
4,487
4.600
4,587
233
223
223
229
47
23
8
20
20
35
31
289
289
289
289
1.844
1,818
1,840
1,861
628
512
513
570
597
255
226
201
205
189
457
508
412
353
354
97
64
58
47
34
1,438
1,310
1,184
1,175
1.174
3,642
3,656
3,661
3,661
3,666
1,959
1,961
1,962
1,965
1,968
4,521
4,405
4,342
4,317
4,327
220
228
222
217
213
7
6
9
33
46
75
53
42
33
32
275
276
274
275
275
1,943
1,960
1,918
1,925
1,913
569
653
628
596
185
184
182
208
353
354
354
363
50
59
56
46
1,157
1,250
1,220
1,213
3.671
3.671
3,676
3.676
1,969
1,972
1,975
1,977
4,341
4,373
4,409
4,416
217
213
220
221
35
43
46
43
24
23
22
21
275
275
275
275
1,906
1,965
1,898
1.888
571
613
630
700
219
225
238
254
345
345
292
249
58
57
66
36
1,193
1,240
1,226
1,239
3.680
3,677
3,678
3,682
1,979
1,980
1,982
1,983
4,413
4.403
4,398
4,412
222
223
224
236
39
42
99
85
24
21
20
19
274
274
278
280
1.880
3,933
11,866
1,871
1923
Jan. 3
Jan. 10
Jan 17
Jan. 24
Jan 31
Mar.
Mar.
Mar.
Mar.
...
43
22
19
24
400
382
382
390
404
.„_____.-_...—..
231
219
227
250
499
430
443
380
.
127
87
95
83
625
574
553
500
--.
-
May 31
4
11
18
25
Other
Fed. Member
bank
erftl
Rereserve
serve balance!
accounts
708
631
592
616
636
-
,
—
June 7
June 14
June 21
June 28
Oct.
Oct.
Oct.
Oct
Nonmember deposits
434
525
511
469
,
-
May24
Sept. 6
Sept 13
Sept. 20
Sept 27
Total
Treasury
deposits
with
Federal
Reserve
Banks
838
823
786
721
*-
Apr. 5
Apr. 12
Apr. 10
Apr. 2<J
May 10
May 17
All
other
Treasury
cash
holdings
1,113
987
914
850
-
Mar. 1
Mar. 8
Mar. 15
Mar. 22
Mar. 29
May 3
U.S.
Government
securities
Money
in circulation
420
414
422
469
J»n. 4
j»n. 11
Jan. 18
Jan 25
Feb. 1
Feb. 8
Feb. 16
Feb. 21
BiUs
bought
Gold
stock
Treasury
, currency
outstanding
,.
.,
.
..,
,.
....
»
... .
-
.
MEMBER BANK RESERVES AND RELATED ITEMS
379
NO. 103-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1922-1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Bills
discounted
Date
Treas-
Gold
stock
Treasury
currency
outstanding
Money
in circulation
Treasury
cash
holdings
Other
Fed- Member
Noneral
posits membank
with ber de- Rereserve
Federal posits serve balances
acRecounts
serve
Banks
C
Bills
bought
U.S.
Government
securities
All
other
Total
695
623
643
637
260
274
277
274
239
238
238
194
68
57
75
47
1,262
1,192
1,233
1,152
3,683
3,687
3,689
3,692
1,984
1,986
1,987
1,988
4,434
4,424
4,422
4,423
226
219
217
219
74
45
45
35
20
20
22
20
280
280
279
280
1,894
1,876
1,925
1,854
730
695
697
700
731
275
267
282
271
258
185
186
189
207
189
67
54
80
49
37
1,257
1,202
1,248
1,227
1,215
3,694
3,696
3,703
3,709
3,728
1,990
1,992
1,994
1,996
1,997
4,461
4,457
4,456
4,450
4,497
217
214
215
216
211
49
23
56
6
41
40
29
30
49
36
279
280
. 280
280
280
1.895
1,886
1,908
1,931
1,874
735
708
731
•775
248
219
206
204
183
158
122
135
59
77
70
43
1,225
1,162
1,129
1,157
3,742
3,753
3,759
3,761
1,998
1,994
1,987
1,980
4,487
4,461
4,456
4,464
221
210
215
214
51
14
21
44
30
28
26
25
280
281
282
283
1,896
1,914
1,874
1,868
930
846
806
761
199
186
183
177
95
101
98
96
73
86
74
53
1,297
1,219
1,161
1,087
3,764
3,766
3,772
3,787
1,975
1,982
1,992
1,995
4,572*
4,519
4,483
4,472
210
218
219
219
15
16
34
35
28
25
24
23
279
280
280
280
1,932
1,909
I t 884
1,839
806
823
801
781
816
183
177
173
177
173
94
90
90
85
94
56
53
69
52
43
1,139
1,143
1,133
1,095
1,126
3,790
3,801
3,812
3,818
3,822
1,995
1,996
1,997
1,996
1,997
4,488
4,540
4,539
4,526
4,539
212
214
220
219
217
42
22
30
34
38
23
23
22
23
21
279
280
280
281
281
1,880
1.860
1,851
1,825
1,849
850
841
774
862
175
179
171
172
99
100
93
92
57
80
87
53
1,181
1,200
1,125
1,179
3,825
3,831
3,842
3,846
1,999
2,000
2,001
2,001
4,606
4,596
4,583
4,597
215
216
215
219
39
40
38
56
21
24
25
22
280
281
281
281
1,843
1,873
1,825
2,852
882
869
855
836
884
173
182
191
180
205
95
92
94
88
92
68
58
102
58
39
1,218
1,201
1,242
1,162
1,219
3,853
3,863
3,872
3,876
3,880
2,002
2,003
2,003
2,004
2,005
4,639
4,658
4,639
4,620
4,642
214
220
221
217
223
30
20
37
29
40
22
22
23
23
23
282
282
281
282
282
1,884
1,804
1,916
1,872
1,895
Nov. 7
Nov. 14
Nov 21
Nov 28
817
791
746
794
248
268
285
289
90
90
73
84
27
82
46
33
1,182
1,231
1,150
1,200
3,885
3,895
3,902
3,913
2,005
2,006
2,007
2,007
4,660
4,647
4,622
4,687
221
220
212
210
18
45
26
35
26
24
24
23
282
283
283
283
1,865
1,913
1,891
1,881
Dec.
Deo.
Deo
Dec
746
762
750
857
298
329
322
336
91
96
81
104
58
62
69
46
1,193
1,249
1,222
1,343
3,926
3,939
3,945
3,948
2,008
2,008
2,010
2,010
4,696
4,731
4,808
4,867
211
209
203
210
30
27
11
43
21
22
22
21
283
283
283
283
1,884
1,924
1,850
1,874
798
607
534
541
522
347
319
293
276
272
127
100
117
121
121
38
54
53
48
31
1,310
1,080
997
986
946
3,956
3,969
3,983
3,987
3,994
2,009
2,010
2,009
2,010
2,010
4,740
4,591
4,501
4,476
4,472
209
209
213
217
215
57
20
39
61
41
30
23
24
22
22
274
274
274
272
271
1,964
1,941
1,936
1,935
1,928
487
546
496
532
283
278
253
263
125
127
142
156
16
18
51
32
911
969
942
983
4,005
4,010
4,022
4,028
2,010
2,012
2,012
2,013
4,492
4,533
4,541
4,555
211
215
214
214
38
37
39
38
21
20
21
21
270
270
269
269
1,894
1,915
1,891
1,927
488
483
431
482'
260
243
194
202
182
212
297
257
58
60
52
32
988
998
974
973
4,036
4,048
4,054
4,067
2,014
2,015
2,015
2,014
4,568
4,558
4,553
4,563
216
215
207
214
59
54
9
75
20
20
22
20
268
238
270
270
1,907
1,945
1,981
1,912
Apr. 2
Apr. 9
Apr 16
Apr 23
Apr. 30
530
530
470
473
447
214
198
177
140
124
265
269
267
274
302
59
45
66
42
38
1,068
1,042
980
929
911
4,076
4,044
4,099
4,105
4, 124
2,015
2,015
2,017
2,017
2,017
4,604
4,591
4,598
4,568
4,566
222
224
215
212
212
no
99
50
45
33
19
21
21
21
28
270
269
269
268
268
1,933
1,935
1,941
1,935
1,945
May 7
May 14
M»y21
May 28
440
411
415
430
87
75
56
87
311
323
325
333
54
54
37
31
892
863
833
881
4,136
4,148
4,155
4,163
2,017
2,018
2,018
2,018
4,568
4,553
4,539
4,577
214
213
214
221
18
30
19
40
22
25
25
21
267
266
267
266
1,954
1,940
1,941
1,936
1923
Apr.
Apr.
Apr.
Apr.
4
11
18
25
-
May2
May 9
May 16
May 23
May 30
—
- .
June 6 - .
June 13
June 20
June 27
-
July 3
July 11
July 18
July 25
-
Aug. 1
Aug. 8
Aug 15
Aug.22
Aug. 29
Sept. 5
Sept 12
Sept. 19 Sept. 26
Oct 3
Oct. 10
Oct 17
Oct. 24
Oct 31
- .-
..
-- -
5
12
19
26
jan 2
Jan 9
jan ig
Jan, 23
Jan 30 -
-
1924
. .
.
Feb 6
Feb 13
Feb, 20
Feb 27
Mar. 5
Mar. 12
Mar. 19
Mar 26
-~
-,
-
*
BANKING AND MONETARY STATISTICS
380
NO. 103-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS
WEDNESDAY FIGURES, 192M941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Bills
discounted
Date
1924
- .. „
„., „.»„
June 4
June 11
June 18
June 25
Aug 6
AUR. 13
......
Dec, 3
Dec. 10
Dec. 17
Den. 24
Dec. 31.
Jan. 7
Jan. 14
Jan. 21 ..
Jan. 28
Feb. 4
Feb. 11 •
Feb. 18
Feb. 25
2,019
2,019
2,020
3,019
4,570
4,521
4,504
4,494
215
218
211
219
32
35
10
52
21
20
22
21
263
262
265
260
1.988
2,032
2,104
2,035
369
311
305
291
294
53
59
37
32
24
435
451
467
477
505
71
57
64
41
35
928
878
873
841
858
4,203
4,208
4,218
4,222
4,225
2,019
2,020
2,019
2,013
2,017
4,597
4,552
4,490
4,453
4,457
216
214
215
219
220
32
19
35
40
45
26
23
24
30
32
262
260
260
258
258
2,016
2,037
2,085
2,075
2,087
274
266
259
263
22
18
26
49
536
540
541
542
48
49
49
27
880
873
875
881
4,225
4,227
4.229
4.235
2,019
2,019
2,019
2,019
4,476
4,484
4.494
4,503
232
215
217
226
35
25
28
33
32
35
34
35
256
255
254
255
2,093
2.105
2.095
2,082
302
261
258
260
70
92
99
92
542
568
619
575
55
50
89
43
969
971
1,065
970
4,230
4,230
4,226
4,223
2,019
2,018
2,018
2.017
4,576
4,549
4,538
4,536
220
216
214
219
35
30
6
47
32
32
30
29
255
253
259
259
2,102
2.139
2,261
2,120
267
266
263
223
223
139
175
197
170
215
576
581
599
583
584
50
59
70
47
33
1,032
1,081
1,129
1,023
1.055
4,223
4,220
4,223
4,221
4,221
2,017
2,018
2,019
2,019
2,020
4,574
4.574
4,602
4.580
4,598
225
229
229
222
221
57
38
63
23
28
30
2S
30
29
27
259
259
260
259
259
2,128
2,190
2,186
2.150
2,162
229
224
234
221
235
248
275
281
585
588
587
582
33
70
54
42
1,082
1,130
1,150
1,126
4,224
4,228
4,234
4,238
2,020
2,021
2,021
2,023
4,665
4,668
4.648
4.703
224
217
226
223
30
33
25
27
31
30
30
28
258
259
259
258
2,118
2,172
2,215
2,148
255
260
290
402
320
355
353
337
390
387
575
552
564
538
540
57
57
96
134
54
1,242
1,222
1,287
1,464
1,302
4,235
4,227
4,215
4,209
4,212
2,024
2,024
2,025
2,024
2.025
4,712
4,737
4,791
4.912
4,760
223
218
217
211
211
23
36
9
58
51
30
31
33
30
39
259
259
262
262
258
2.252
2,192
2,215
2,223
3,220
270
268
213
284
341
324
306
308
496
487
423
394
102
54
52
49
1,209
1,133
994
1,035
4,208
4.186
4,169
4,159
2,026
2,026
2,026
2,027
4.644
4,537
4,488
4,465
223
219
227
232
26
31
31
52
43
43
44
41
259
258
258
258
i!,248
2,256
2,141
2.172
333
342
353
444
308
325
312
317
389
390
378
365
45
48
53
32
1,075
1,105
1,096
1,158
4,132
4,105
4,097
4.079
2,027
2.027
2,025
2,023
4,488
4,517
4.489
4,519
220
218
212
211
29
28
26
27
45
40
40
35
258
259
260
260
2,194
2,175
2,191
2,208
411
421
350
388
304
301
277
307
383
388
428
344
62
57
64
44
1,160
1,167
1,119
1.083
4,062
4,058
4,046
4,048
2,023
2,020
2.018
2,016
4,534
4,514
4,498
4.488
213
216
209
210
39
26
6
29
32
28
29
3d
260
261
265
265
2,186
2,201
2.176
2,119
410
402
406
423
410
316
311
274
276
267
358
362
358
353
349
42
51
77
59
51
1,126
1,126
1,115
1,111
1,077
4,051
4,051
4,053
4,055
4,062
2.016
2. 014
2,013
2.011
2.010
4,516
4.525
4,501
4,477
4.4*5
214
212
208
219
211
34
22
37
30
27
29
24
29
24
26
265
265
264
263
295
2.133
2,141
2,141
2,163
20135
.......
421
349
349
424
278
283
276
278
376
380
358
349
54
64
65
40
1.129
1,076
1,048
1,091
4,072
4.063
4,068
4,069
2,007
2,006
2,005
2,003
4.495
4,471
4,460
4,484
216
209
219
213
24
20
33
39
28
26
26
25
264
264
264
264
2,180
2,164
2,118
2,138
„ _ _ _.
423
428
452
466
285
275
246
242
354
360
308
325
80
55
116
50
1,142
1,118
1,120
1,083
4,070
4,072
4,074
4,075
2,004
1,999
1,999
1,997
4,511
4,485
4,471
4.461
218
215
210
217
39
44
5
46
36 i
25
26
24 1
264
265
267
267
2,147
2,156
2,213
2.140
522
461
465
463
479
249
241
231
225
210
354
339
344
335
330
57
77
75
49
38
1,182
1,118
1,115
1,062
1.057
4,073
4,075
4,073
4,074
4,074
1,997
1,995
1,993
1,992
1,990
4,530
4,519
4,475
4,453
4,444
207
218
210
211
212
23
13
11
14
21
30
28
25 1
25 !
27
263
263 1
264
264
264
2.199
2,147
2,196
2,161
2,153
554
549
570
590
212
212
195
202
333
329
323
332
60
53
60
43
1,159
1,143
1,148
1,167
4,081
4,083
4,090
4,092
1,990
1,989
1,988
1,988
4,485
4,500
4,511
4,529
215
215
213
216
28
31
29
29
26
25
25
24
263
264
264
265
2,212
2,1180
2,1184
2,1183
...
.-..
......
— ...
.....
.
- _ _ . ..
.
, ....
...... . ,
. ....
.
......
..... ...
1925
..
.
..
.,__...
. ...... .
. „
.
..
Mar.
Mar.
Mar.
Mar
4
11»... .........
18
25
Apr
Apr.
Apr.
Apr
Apr
1
8 ... . .......
16
.„22
29
May 6
May 13
May 20
May 27
4,171
4,181
4,189
4,194
...
-
Oct. 1
Oct. 8..
Oct. 15
Oct. 22....
Get. 29
5
12
19
26
900
S89
907
875
_.. ..
Sept. 3
Sept. 10
Sept. 17
Sept, 24
Nov.
Nov.
Nov.
Nov.
45
46
73
50
-._--.
Aug. 27
„ ..
....
June 3
June 10
June 17
June 24
. .... = „
July 1
July 8
July 15
July 22
July 29
Aug.
Aug.
Aug.
AUK
-»
.....
.......
,..„.
...
5 ,.
12
19
26
.
.
.
Total
Other
Fed- Memljcr
eral
bank
Rereserve
serve balances
accounts
398
423
426
430
... .....
._-.. — — .-
- ...
AUR. 20
All
other
Treasury
TreasNondeury
poeits memcash
with ber de-*
hold- Federal posits
ings
Reserve
Banks
56
44
57
45
.
.....
U.S.
Government
securities
Money
in circulation
401
376
351
350
--- „.,-__-- =
~-
July 2
July 9
July 16
July 23
July 30 ...
Bills
bought
Gold
stock
Treasury
currency
outstanding
....
...
....
.
MEMBER BANK RESERVES AND RELATED ITEMS
381
NO. 1M-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1922-1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Gold
stock
Treasury
currency
outstanding
Treasury
Other
Fed- Member
NonTreasdeury
bank
posits memeral
cash
with ber de- Rereserve
hold- Federa posits serve balances
ings
Reacserve
counts
Banks
Money
in circulation
Bills
discounted
-
Nov. 4 .
Nov. 10
Nov. 18 ...
Nov 25
.
Dec. 2 .
Dec. 9
Dec. 16
Dec. 23
Dec. 30 .
_.„
...
. .
1926
Total
584
647
495
649
643
213
214
212
238
268
326
327
409
323
343
59
61
109
59
41
1,182
1,249
1,225
1,269
1,295
4,095
4,103
4,104
4,093
4,095
1,988
1,987
1,986
1,985
1,985
4,554
4,619
4,612
4,601
4,629
210
211
205
210
208
25
23
4
32
31
24
26
29
28
27
264
264
267
269
269
2,187
2,196
2,198
2,207
2,210
284
287
293
329
324
336
324
325
66
65
65
56
1,329
1,338
1,291
1,303
4,097
4,097
4,112
4,110
1,983
1,983
1,983
1,982
4,648
4,649
4,614
4,606
209
210
217
220
17
33
46
39
28
20
31
31
270
270
271
271
2,238
2,230
2,206
2,227
640
569
572
631
342
353
355
359
330
334
333
332
44
61
69
53
1,356
4,121
1,318
4,123
1,329 • 4,125
1,375
4,106
1,982
1,981
1,981
1,980
4,653
4,650
4.626
4,684
220
212
215
215
30
22
25
37
39
34
36
34
271
272
272
272
2,246
2,232
2,261
2,220
358
370
353
370
363
339
352
398
360
377
62
55
114
129
66
1,411
1,464
1,493
1,631
1,564
4,112
4,111
4,115
4,107
4,111
1,981
U979
1,979
1,980
1,977
4,698
4,750
4,806
4,964
4,812
220
216
205
203
206
44
36
6
29
15
33
32
30
27
33
273
273
275
275
275
2,236
2,246
2,265
2,219
2,309
345
327
306
295
369
369
370
365
82
60
58
49
1,397
1,269
1,194
1,164
4,115
4,115
4,127
4,119
1,977
1,977
1,979
1,979
4,680
4,551
4,516
4,499
208
212
210
216
18
17
28
29
34
28
28
26
272
273
275
274
2,278
2,280
2,243
2,217
494
541
545
547
Oct. 7 .
Oct. 14
Oct. 21
Oct. 28
All
other
601
513
460
455
—
U.S.
Government
securities
652
688
628
772
758
1925
Sept. 2
Sept. 9
Sept. 16
Sept. 23
Sept. 30
Bills
bought
655
650
609
593
Date
302
301
302
304
350
333
334
331
47
46
56
34
1,193
1,220
1,237
1,216
4,126
4,142
4,141
4,139
1,979
1,979
1,980
1,980
4,518
4,553
4,540
4,568
225
218
216
229
43
29
40
37
24
28
24
23
273
274
275
276
2,215
2,239
2,262
2,203
Jan.
Jan.
Jan.
Jan.
6
13
20
27
Feb.
Feb.
Feb.
Feb.
3
10
17
24
Mar.
Mar.
Mar.
Mar
Mar.
3
10 .
17
24
31
592
511
488
626
. 641
287
285
257
252
2.50
326
360
353
308
330
56
39
60
34
42
1,261
1,195
1,158
1,220
1,262
4,146
4,156
4,160
4,157
4,155
1,981
1,979
1,982
1,982
1,983
4,575
4,551
4,549
4,541
4,573
235
221
205
223
223
52
49
7
69
86
25
23
27
27
22
276
277
280
2S1
281
2,224
2,210
2,230
2,218
2,215
Apr.
Apr.
Apr.
Apr.
7
14
21
28 . „
587
586
458
522
230
274
229
199
342
377
389
389
44
51
58
45
1,204
1,288
1,135
1,155
4,165
4,165
4,156
4,151
1,983
1,984
1,984
1,984
4,566
4,576
4,556
4,553
227
234
217
213
61
43
24
16
26
21
25
23
281
281
282
283
2,192
2,283
2,171
2,203
May
May
May
May
5
12
19
26
555
484
497
481
213
228
226
239
395
396
399
395
52
51
55
38
1,215
1,158
1,177
1,153
4,155
4,144
4,146
4,145
1,984
1,984
1,985
1,985
4,563
4,540
4,530
4,541
223
218
215
217
28
27
20
24
27
25
24
24
282
283
282
283
2,231
2,194
2,237'
2,195
534
457
401
486
521
244
250
233
247
249
404
418
482
383
385
57
48
91
41
39
1,239
1,173
1,207
1,157
1,194
4,147
4,147
4,147
4,158
4,160
1,988
1,986
1,986
1,986
1,986
4,617
4,573
4,565
4,550
4,598
212
199
199
206
201
16
4
6
12
11
20
23
24
21
20
283
283
285
286
282
2,225
2,224
2,261
2,225
2,229
July 7
July 14
July 21
July 28
617
518
498
523
238
234
217
211
375
391
383
369
65
68
53
40
1,296
1,211
1,151
1,142
4,163
4,178
4,179
4,181
1,986
1,986
1,986
1,986
4,675
4,596
4,562
4,560
210
208
217
205
13
22
24
33
26
23
21
23
281
283
282
283
2,240
2,242
2,208
2,205
Aug.
Aug
Aug.
Aug.
4
11
18
25 .
548
549
535
571
228
231
254
255
370
366
360
321
40
43
48
38
1,186
1,189
1,197
1,185
4,182
4,178
4,183
4,183
1,986
1,986
1,984
1,986
4,588
4,599
4,604
4,600
213
203
205
210
28
15
33
26
24
27
24
29
283
283
283
286
2,217
2,226
2,215
2,204
Sept 1
Sept. 8 ,_
Sept. 15
Sept 22
Sept. 29. =
626
614
566
662
717
253
266
262
270
276
319
312
488
305
302
37
54
78
66
37
1,235
1,246
1,394
1,303
1,332
4,181
4,186
4,182
4,185
4,188
1,984
1,985
1,987
1,987
1,988
4,627
4,688
4,654
4,643
4,666
205
200
' 200
209
221
24
6
4
68
52
34
30
44
34
30
285
286
290
290
291
2,224
2,207
2,369
2,231
2,249
624
704
587
632
273
291
293
308
306
308
307
300
69
9
63
41
1,272
1,312
1,250
1,281
4,184
4,134
4,186
4,187
1,988
1,989
1,990
1,990
4,683
4,715
4,667
4,688
209
204
209
214
24
31
19
39
24
27
25
26
291
292
292
293
2,212
2,217
2,213
2,217
. . .
June 2
June 9
June 16..., ._, _
June 23
June 30
Oct.
Oct.
Oct.
Oct.
_
6
13
20
27
,.
,
382
BANKING AND MONETARY STATISTICS
NO. IDS-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1922-1941-Continued
[In millions of dollars!
Reserve Bank credit outstanding
Bills
discounted
Date
Bills
bought
U.S.
Government
securities
All
other
Treasury
currency
outstanding
Gold
stock
Total
Money
in circulation
j
1926
Treasury
Treasdeiary
posits
cash
with
hold- Federal
ings
Reserve
Banks
Other
Non- Fed- Member
memeral
bank
ber de- Re- reserve
poeito serve balances
accounts
676
581
567
628
332
340
348
341
302
300
308
300
16
49
64
39
1,326
1,270
1,287
1,308
4,188
4,194
4,193
4,188
1,990
,991
,992
,991
4,719
4,693
4,667
4,718
214
201
209
212
33
18
29
28
36
28
34
32
294
294
294
294
2,207
2,219
2,238
2,202
645
605
562
715
711
368
391
384
388
379
306
324
478
314
317
48
52
84
129
60
1,367
1,372
1,508
1,546
1,467
4,189
4,194
4,191
4,199
4,203
,991
,991
,991
,992
,993
4,7164,771
4,808
4,931
4.806
213
202
192
200
212
36
26
6
68
39
32
32
32
22
43
293
294
296
2971
298
2,257
2,231
2,354
2,218
2,264
633
490
416
365
389
338
337
302
314
311
313
303
78
50
59
29
1,414
1,189
1,125
999
4,210
4,233
4,248
4.263
,991
,990
,990
,990
4,712
4,588
4,538
4,508
202
207
213
204
7
23
36
29
51
27
38
25
293
294
294
294
2,352
2,274
2,243
2,192
Feb. 2 ....
Feb. 9.
Feb. 16....
Feb. 23
393
379
396
398
329
303
315
280
304
305
312
305
36
30
52
13
1,062
1,017
1,075
996
4,273
4,285
4,290
4,298
,989
,990
,991
,992
4,522
4,523
4,537
4,563
209
207
200
214
33
23
29
28
23
23
25
21
294
294
295
295
2,242
2,221
2,289
2,166
Mar. 2 .
Mar. 9
Mar. 16.
Mar. 23
Mar. 30
435
416
331
457
456
289
2565
219
231
237
311
307
475
342
353
42
29
33
24
27
1,077
1,017
1,058
1,054
1,073
4,300
4,306
4,308
4,313
4,310
,993
,992
,994
,994
,996
4,567
4,549
4,539
4,535
4,545
218
208
200
199
207
35
IS
6
32 <
23
24
25
23
21
295
297
298
298
293
2,231
2,221
2,295
2,300
2,274
402
426
414
444
239
257
247
242
342
355
333
SIS
50
44
49
37
1,033
1,082
1,043
1,041
4,313
4,313
4,317
4,318
4,573
,996
,997 i 4,578
4.549
,997
4,534
1.99S
204
209
210
209
14
23
29
24 ;
20
20
21
20
298
298
299
299
2,232
2,265
,250
,270
508
442
458
429
244
233
225
236
316
254
269
322
57 1,125
42
971
47
999
32 ! 1,019
4,325
4.398
4,397
4,340
1,998
2,001
2,002
2,004
4,553
4,541
4,532
4,523
207
202
213
214
13
17
25
24
50
37
33
34 j
299
300
299
300
,326
,271
,295
,268
497
399
361
439
477
229
222
183
183
216
362
438
547
369
376
38
38
57
53
52
1,126
1,097
1,148
1,044
1,121
4,320
4,325
4,333
4,315
4,302
2,004
2,005
2,004
2,005
2,003
4,579
4,525
4,507
4,488
4,518
205
212
204
209
208
26
28
6
27
27
33
31
47
31
31
299
298
300
300
300
,308
,331
,421
,307
,342
507
426
403
398
199
193
185
169
374
378
386
385
86
105
91
76
1,166
1,102
1,065
1,028
4,292
4,282
4,285
4,291
2,004
2,003
2,003
2,003
4,610
4,522
4,499
4,489
214
206
210
207
7
14
16
18
36
38
30
30
297
296
297
297
2', 297
2.315
2,301
2,282
. 445
413
390
414
401
178
176
171
179
185
407
420
442
445
473
95
80
81
55
43
1,125
1,089
1,084
1,093
1,102
4,292
4,297
4,299
4,301
4,301
2,004
2,003
2,003
2,003
2,003
4,524
4,528
4,537
4,538
4,567
206
211
206
208
203
14
10
21
19
13
30
29
31
29
30
296
297
296
296
2,350
2,315
2.295
2.306
2,299
449
375
415
430
197
227
219
242
499
500
484
494
49
66
39
35
1,194
1,168
1,157
1,201
4,310
4,299
4,298
4,290
2,003
2,003
2,004
2,002
4,632
4,594
4,587
4,591
214
214
208
209
21
13
23
25
29
30
29
29
2,318
294
294 i 2,325
300
2,311
302
2,337
Got. 5..»
Oct. 12 . .
..
Oct. 19.„
Oct. 26
.,
462
430
418
402
262
274
283
301
505
510
500
511
43
54
56
24
1,272
1,268
1,257
1,238
4,286
4,286
4,287
4,266
2,003
2,003
2,003
2,004
4,623
4,647
4,610
4,589
210
203
204
211
37
13
9
19
29
6§
37
32
2,360
302
302
2y324
2,384
303
304 [ 2,352
Nov.
Nov.
Nov.
Nov.
Nov.
379
461
367
418
477
335
336
334 '
327 1
355
526
530
705
621
548
42
19
61
34
36
1,282
1,346
1,467
1,400
1,416
4,244
4,224
4,200
4,173
4,164
2,004
2,004
2,004
2,004
2,005
4,618
4,642
4,604
4,638
4,665
208
20S
197
198
203
6
22
3
4
2
36
32
63
39
33
303
303
303
305
304
2,362
2,369
2,500
2,393
2,379
444
495
578
609
380
381
366
386
604
598
588
603
30
54
98
41
1,458
1,528
1,630
1,639
4,151
4,131
4,117
4,098
2,004
2,006
2,005
2,006
4,683
4,713
4,808
4,756
197
199
20S
206
2
4
15
17
28
25
24
25
305
305
306
306
2,397
2.419
2,394
2,432
Nov. 3
Nov. 10
Nov. 17 .
Nov. 24
„
Dec. !___,
Deo. 8
Dec. 15
Deo. 2 2 .
Deo. 29
Jan. 5,
Jan. 12
Jan, 10
Jan. 20
1927
„
„
Apr. 6.
Apr. 13
Apr. 20.
Apr. 27
May
May
May
May
4
11....
18...... .
25
__„.. ..;.
„
..
June 1 „..
June 8.
»
„
June 15..==
..
June 22 . .
June29...».
_.
„
July 6.....
July 13
July 20 ...
Juiy27....._._._
,
Aug. 3 ...
Aug. 10.,
Aug. !?„.
Aug. 24.
Aug. 31
„.
...
Sept. 7
Sept. 14,. .
Sept. 21.....
Sept. 28,....
2
9
16. . ..
23.
30.
....
.
„
......
Dec. 7
Deo. 14
Dec. 21
Dec. 28
„ .,
..
295
;
MEMBER BANK RESERVES AND RELATED ITEMS
383
NO. 103-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1922-1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Gold
stock
Treasury
currency
outstanding
Money
in circulation
Treasury
cash
holdings
Treasury
Other
NondeFed- Member
posits memeral
bank
with ber de- Rereserve
Federal posits serve balances
Reaccounts
serve
Banks
Bills
discounted
Feb. 1 .
_
•
Feb. 8
Feb. 15 ...•_.. .
Feb. 22
Feb. 29
. .
_ .
.„
U.S.
Government
securities
All
other
Total
387
393
369
347
627
545
499
441
69
37
30
21
1,604
1,414
1,310
1,194
4,092
4,094
4,090
4,093
2,006
2,005
2,005
2,005
4,652
4,492
4,414
4,372
212
201
213
209
16
17
15
22
35
27
25
25
302
303
307
309
2,486
2,473
2,432
2,355
423
459
481
461
493
377
369
355
353
344
434
401
408
402
408
29
26
22
20
19
1,263
1,255
1,266
1,236
1,264
4,087
4,088
4,089
4,089
4,075
2,003
2,005
2,005
2,006
2,007
4,384
4,389
4,401
4,411
4,403
208
204
203
203
205
24
26
27
24
28
23
24
26
24
23
309
310
311
312
311
2,405
2,395
2,391
2,357
2,375
482
472
477
524
338
343
333
346
403
401
385
386
30
29
18
17
1,253
1,245
1,213
1,273
4,075
4,048
4,033
4,021
2,006
2,006
2,006
2,006
4,400
4,383
4,379
4,380
211
2J2
199
202
25
19
15
25
24
22
23
22
312
311
315
314
2,361
2,362
2,322
2,357
601
619
620
709
1928
Jan. 4
Jan. 11
Jan. 18
Jan. 25
Bills
bought
521
439
412
385
Date'
344
362
351
366
383
378
341
305
37
27
44
20
1,365
1,386
1,356
1,400
4,017
4,015
3,983
3,979
2,006
2,006
2,007
2,007
4,438
4,410
4,404
4,389
203
204
201
202
10
19
6
34
24
27
25
24
314
316
317
318
2,400
2,432
2,392
2,417
Mar.
Mar.
Mar.
Mar.
7
14
21
28
Apr.
Apr.
Apr.
Apr.
4
11
18.
25
May
May
May
May
May
2
9
16
23
29
757
777
807
847
944
363
365
347
331
304
292
277
262
230
219
42
35
39
27
21
1,454
1,454
1,455
1,435
1,488
3,978
3,948
3,898
3,891
3,874
2,010
2,008"
2,008
2,008
2,009
4,428
4,410
4,403
4,388
4,434
202
206
202
208
207
20
21
26
22
23
32
27
26
25
27
317
319
321
321
322
2,442
2,426
2,382
2,370
2,357
June 6
June 13
June 20
June 27
982
1,043
991
1,032
266
240
224
223
210
223
223
212
46
40
33
27
1,504
1,546
1,471
1,494
3,860
3,817
3,818
3,816
2,008
2,006
2,007
2,007
4,416
4,408
4,406
4,411
209
202
197
198
16
17
4
11
23
27
31
26
323
323
326
327
2,384
2,392
2,332
2,345
1,191
1,089
1,012
1,025
210
188
181
169
220
218
209
208
59
47
46
28
1,680
1,542
1,448
1,430
3,823
3,828
3,827
3,828
2,007
2,007
2,008
2,004
4,521
4,442
4,402
4,378
203
200
203
210
22
12
14
20
35
30
29
26
325
327
328
328
2,403
2,365
2,307
2,300
1,086
1,061
1,003
1,037
1,039
166
162
190
184
184
212
208
206
207
209
41
22
48
32
30'
1,505
1,453
1,447
1,460
1,462
3,826
3,827
3,832
3,833
3,837
2,006
2,007
2,006
2,006
2,007
4,403
4,418
4,430
4,436
4,443
203
205
202
205
206
30
42
9
17
27
29
27
29
28
29
329
330
332
333
334
2,344
2,266
2,285
2.281
2,269
1,080
1,069
1,094
1,011
187
211
237
263
206
221
225
229
43
55
70
39
1,516
1,556
,626
,542
3,836
3,837
3,838
3,842
2,006
2,007
2,008
2,009
4,514
4,474
4,470
4,483
205
202
205
204
9
10
45
13
23
30
53
38
334
335
337
339
2,273
2,349
2,361
2,316
1,026
993
936
912
932
310
332
379
401
440
231
227
231
231
227
64
34
60
25
25
,631
,586
,606
,569
,624
3,838
3,842
3,849
3,853
3,855
2,010
2,010
2,010
2,011
2,011
4,520
4,545
4,526
4,504
4,519
206
207
204
211
208
33
3
6
25
20
32
29
30
27
28
339
340
340
344
344
2,350
2,313
2,359
2,322
2,371
957
858
800
990
449
474
484
482
223
222
226
229
5
61
48
28
,634
,615
,558
,729
3,858
3,869
3,872
3,841
2,011
2,011
2,013
2,013
4,561
4,533
4,508
4,616
211
210
207
207
25
15
7
24
30
26
25
26
346
347
348
348
2,330
2,365
2,346
2,361
1,012
1,028
947
1,168
478
494
453
.489
227
236
291
232
45
46
81
52
,762
,804
,772
,941
3,847
3,852
3,863
3,862
2,012
2,011
2,011
2,013
4,626
4,648
4,738
4,802
211
202
198
203
26
30 ,
6
16
27
27
25
30
348
350
352
355
2,382
2,409
2,326
2,409
1,161
877
822
782
821
484
477
481
454
436
244
239
238
202
202
31
45
63
34
26
,910
,638
,604
1,472
1,485
3,840
3,833
3,821
3,830
3,841
2,013
2,012
2,011
2,011
2,011
4,646
4,475
4,410
4,356
4,343
204
206
202
208
205
31
14
26
12
18
39
33
32
26
28
348
350
351
352
353
2,494
2,405
2,415.
2,359
2,391
852
904
865
952
411
391
356
334
200
177
173
166
37
15
37
32
1,500
1,487
1,431
1,484
3,840
3,863
3,864
3,867
2,010
2,011
2,011
2,008
4,353
4,385
4,382
4,383
204
199
206
206
24
21
15
21
28
28
27
25
355
355
356
357
2,386
2,372
2,319
2,367
989
963
943
1,024
305
283
237
208
163
165
185
170
44
42
36
27
1,501
1,453
1,401
1,429
3,871
3,873
3,883
3,887
2,010
2,012
2,011
2,012
4,404
4,378
4,367
4,380
216
201
195
202
22
8
5
23
30
26
26
28
360
361
362
363
2.350
2,363
2,340
2,332
_
_•
.
_
July 3
July 11
July 18
July 25
_. ..;
Aug. 1
Aug. 8
Aug. 15
Aug. 22
Aug. 29
. .
Sept. 5
Sept. 12
Sept. 19
Sept. 26
__„„__._
Oct. 3
Oct. 10
Oct. 17
Oct. 24
Oct 31
..
Nov. 7
Nov. 14
Nov. 21
Nov. 28
,
Dec. 5_
Dec, 12
Dec. 19
Dec. 26
_
, _-_„
__.. .
1929
Jan. 2
Jan. 9
Jan. 16
Jan. 23
Jan. 30
_
Feb. 6
Feb. 13
Feb. 20
Feb. 27
Mar. 6
Mar. 13 „
Mar. 20
Mar 27
_
„ ..
BANKING AND MONETARY STATISTICS
384
NO. 103-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1922-1541-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Bills
discounted
Date
1929
Bills
bought
Gold
stock
U.S.
Government
securities
All
other
Total
Treasury
currency
outstanding
Money
in circulation
Treasury
cash
holdings
Treasury
Other
deNon- : Fed- Member
eral
bank
posits memwith ber de- Rereserve
Federal poeits serve balances
Reaccounts
serve
Banks
1,030
964
1,000
982
175
157
141
141
169
166
161
150
51
28
47
24
1,425
1,315
1,349
1,298
3,901
3,934
3,948
3,958
2,013
2,014
2,016
2,016
4,387
4,355
4,359
4,344
205
203
207
210
17
5
46
31
30
33
32
29
305
365
366
368
2,335
2,302
2,302
2,290
May 15...,
Mav22___
May 29 . .
1,001
968
915
904
_ . „ _ _ . ....
988
„ .
170
157
146
138
118
151
149
156
153
145
44
40
52
28
36
1,366
1,314
1,269
1,223
1,287
3,978
4,003
4,011
4,012
4,014
2,016
2,018
2,018
2,018
2,018
4,373
4,366
4,357
4,347
4,407
209
211
205 i
211
209
34
29
14
19
15
41
31
32
29 i
30
367
369
370
370
372
2,336
2,330
2,320
2,276
2,286
June 5
Juno 12 „
June 19
June 26....
977
934
959
1,017
113
114
87
83
147
170
139
150
66
50
67
44
1,303
1,268
1,252
1,294
4,016
4,018
4,028
4,040
2,018
2,018
2,019
2,019
4,380
4,349
4,348
4,349
217
204
206
206
16
19
47
49
28
29
30
27
375 ! 2,321
375
2,328
2,292
375
2,344
378
July 3
July 10...,,,
July 17
July 24
July SI....
1,125
1,153
1,084
1,064
1,076
74
66
68
69
75
141
136
153
146
147
91
55
66
50
49
1,431
1,410
1,371
1,329
1,347
4,044
4,041
4,053
4,059
4,054
2,020
2,018
2,017
2,014
2,013
4,479
4,530
4,462
4,417
4,430
205
207
208
208
212
23
28
13
17
14
34
29
29
28
28
374
373
378
375
376
2.380
2,303
2,352
2,357
2,355
1,064
1,028
986
974
79
118
132
157
158
154
149
145
52
52
42
41
1,353
1,352
1,309
1,317
4,060 '
4,063
4,066
4,072
2,008
2,007
2,006
2,005
4,454
4,458
4,457
4,461
210
206
204
202
25
18
19
17
30
28
27
25
379
382
381
384
2,323
2,330
2,292
2,306
1,046
973
934
944
182
222
241
264
149
159
178
152
55
60
60
51
1,432
1,414
1,413
1,411
4,076
4,077
4,082
4,088
2,006
2,005
2,004
2,009
4,542
4,504
4,477
4,457
212
201
206
216
29
18
13
55
25
26
34
26
386
388
388
390
2,320
2,360
2,381
2,364
931
857
849
796
991
323
333
360
379
340
146
141
138
136
293
80
54
110
63
56
1,480
1,385
1,457
1,374
1,680
4,087
4,091
4,092
4,099
4,098
2,010
2,012
2,015
2,016
2,020
4,502
4,501
4,502
4,465
4,502
214
209
209
209
206
45
23
25
16
19
27
26
27
28
26
389
391
393
393
393
2,399
2,339
2,408
2,378
2,652
..
991
971
900
912
330
300
284
257
293
313
327
326
40
86
53
27
1,654
1,670
1,564
1,522
4,093
4,088
4,087
4,079
2,023
2,025
2,024
2,024
4,543
4,533
4,490
4,569
210
209
227
222
31
11
19
36
34
27
25
26
394
395
396
396
2,558
2,608
2,518
2,370
Deo. 31. ................„._
872
769
737
763
b32
257
322
309
355
392
355
387
533
485
511
57
48
63
120
48
1,541
1,526
1,642
1,723
1,583
4,082
4,067
4,034
4,007
3,997
2,023
2,022
2,022
2,023
2,U22
4,580
4,582
4,650
4,772
4,578
217
212
207
203
216
25
3
3
31
29
26
25
28
24
30
397
396
401
402
393
2,401
2,397
2,408
2,320
2,355
568
442
433
407
319
323
298
258
485
479
477
477
48
57
61
29
1,420
1,301
1,269
1,171
3,990
3,996
3,997
4,002
2,022
2,022
2,021
2,022
4,403
4,309
4,266
4,221
214
212
213
212
24
17
26
35
31
30
29
26
393
393
393
393
2,367
2,358
2.360
2,308
381
382
377
343
296
276
281
2S9
478
479
481
483
39
63
30
31
1,194
1,199
1,169
1,156
4,015
4,023
4,042
4,058
2,022
2,021
2,021
2,022
4,238
4,255
4,234
4,218
210
207
214
217
26
12
49
37
25
70
27
393
393
393
393
2,339
2,308
2,315
2,346
309
266
206
207
271
257
185
256
486
514
561
529
39
31
31
33
1,105
1,068
983
1,025
4,073
4,097
4,118
4,133
2,022
2,022
2,022
2,022
4,241
4,208
4,194
4,180
216
205
213
212
7
1
3
20
27
26
26
28
394
393
396
400
2,315
2.354
2,291
2,340
Apr. 2
Apr. 9.—-...
Apr. It)-,..
Apr. 23.,..
Apr. 30
241
226
214
211
233
301
267
302
257
210
530
527
535
527
530
52
27
48
35
33
1,124
1,047
1,099
1,030
1,006
4,137
4,148
4,151
4,158
4,204
2,022
2,022
2,024
2,024
2,024
4,231
4,208
4,218
4,174
4,189
209
215
212
216
211
39
26
37
35
29
25
26
24
27
400
398
401
400
400
2,375
2,345
2*380
2,363
2,385
May 7
May 14
May 21. ..
May 28
237
210
210
247
175
171
187
176
528
528
528
530
39
43
28
23
979
952
953
976
4.209
4,215
4,227
4,229
2,024
2,023
2,024
2,025
4,187
4,159
4,150
4,203
212
211
215
209
37
50
30
29
28
24
399
400
400
397
2,349
2,379
2,374
2.347
June 4
June 11 •,_
June 18
June 25........
240
210
207
232
189
148
133
102
544
579
598
577 ,
31
37
23
25
1,004
974
961
936
4,236
4,239
4,242
4,246
2,024
2,024
2,025
2,025
4,189
4,172
4,163
4,189
215
208
205
212
27
30
28
46
25
24
27
27
396
394
396
396
2,412
2,409
2,408
2.386
Apr. 3 ..
Apr. 10
Apr. 17__
Apr. 24
......
....
.
May 1
May 8
Aug. 7___,.,.
_„_„_...
Aug. 14 ...
Aug. 21
Aug. 28—.
Sept. 4
Sept. 11...
Sept. 18 .
Sept. 25............ ...... .
Oct. 2
Oct. 9...... ... .........
Oct. 10 ...
Oct. 23...........
Oct. 30....
•
Nov. 6.. ........ .........
Nov. 13.- =
Nov. 20
Nov. 27...
Dec. 4
..
Dec. 11.... _ _ . _ „ „ „ _ _
Dee. 18......
.......
Dee. 24 .
1930
Jan. 8.................
Jan. 1(> _ „ „ „ . „„„
Jan. 22....
Jan. 29 ...
.
..
Feb. 5
Feb. 12......
....
Feb. !«.... ........ ..
Feb. 26 .
Mar. 5
Mar. ] 2 _ _ . . _
Mar. 19....
Mar. 2(i .
.1..
. .
-----
.
23
$
!
MEMBER BANK RESERVES AND RELATED ITEMS
385
NO. 103-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1922-1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Bills
discountr
ed
Date
1930
Total
Treasury
deposits
with
Federal
Reserve
Banks
Other
Fed- Member
Nonbank
eral
member de- , Rereserve
posits serve balances
accounts
. .
Dec. 3
Dec, 10
Dec. 1 7 _ _ _ _ _ _ _ _
Dec. 24
Dec. 31
Jan. ? . „ _ . _ _ _
Jan. 14 „
Jan. 21
Jan. 28
1931
-
._
4,249
4,249
4,253
4,236
4,228
2,026
2,025
2,025
2,024
2,023
4,266
4,201
4,161
4,120
4,110
215
214
211
212
212
25
30
17
19
26
42
34
39
34
28
391
390
390
389
388
2,406
2,417
2,460
2,432
2,415
134
154
159
163
576
606
602
602
24
31
29
26
940
982
986
984
4,208
4,202
4,206
4,217
2,026
2,026
2,026
2,026
4,150
4,150
4,156
4,161
212
209
207
209
32
30
30
26
28
35
25
25
387
386
386
386
2,364
2,400
2,414
2,419
170
193
209
198
602
602
610
602
38
30
26
24
t,041
1,008
1,008
991
4,213
4,216
4,220
4,219
2,026
2,026
2,026
2,026
4,224
4,177
4,171
4,148
216
211
206
213
34
21
4
43
27
27
26
25
385
386
391
391
2,393
2,428
2,456
2,416
193
211
185
177
166
601
600
602
602
601
30
28
47
21
16
1,010
1,012
1,044
992
985
4,224
4,227
4,232
4,236
4,246
2,027
2,027
2,027
2,027
2,028
4,205
4,200
4,213
4,163
4,139
208
210
206
211
209
37
33
24
28
27
25
25
28
25
25
392
390
391
391
390
2,394
2,408
2,440
2,437
2,468
186
207
178
176
602
601
596
596
9
35
24
22
1,010
1,035
1,003
1,028
4,247
4,262
4,269
4,279
2,028
2,028
2,028
2,027
4,204
4,190
4,195
4,278
210
206
208
211
38
24
37
29
32
25
28
24
390
390
383
382
2.410
2,490
2,449
2.410
219
244
252
260
364
602
617
692
642
729
36
16
22
75
29
1,108
1,134
1,297
1,425
1,373
4,285
4,289
4,297
4,302
4,306
2,028
2,028
2,027
2,027
2,027
4,328
4,369
4,550
4,727
4,603
214
207
202
206
211
42
16
3
46
19
26
26
26
24
28
387
384
385
384
375
2.424
2,448
2.455
2,367
2.471
292
243
230
215
_
5
12
19
26 .-
1,070
1,012
1,000
946
927
251
257
331
448
251
__„_._._..
57
36
47
28
23
213
192
205
234
Oct. !_„.,
Oct. 8-_
Oct. 15.
Oct. 22
Oct. 29
596
591
577
576
576
186
173
210
192
202
...» -
157
149
169
151
131
231
183
163
167
„
6
13
20
27
Feb. 4
Feb. 11
Feb. 18
Feb. 25
All
other
Treasury
cash
holdings
260
236
207
191
197
._ ., _
Sept. 3
Sept. 10
Sept. 17
Sept. 24
Nov.
Nov.
Nov.
Nov.
U.S.
Government
securities
Money
in circulation
206
191
196
193
July 2
July 9 ..
July 16
July23
July 30
Aug.
Aug.
Aug.
Aug.
Bills
bought
Gold
stock
Treasury
currency
outstanding
265
196
152
120
659
644
625
610
32
28
.13
11
1,248
1,111
1,020
956
,315
,338
,344
,350
2,026
2,026
2,025
2,025
4,495
4.362
4,306
4,257
217
213
215
208
25
32
23
35
31
26
25
25
377
378
380
380
2,444
2,464
2.441
2,425
223
222
200
190
104
88
94
106
610
610
600
599
12
9
11
9
949
929
905
904
,362
,364
,374
,376
2,025
2,024
2.026
2,027
4,289
4,307
4,273
4,282
211
213
212
217
52
29
35
26
24
24
25
23
380
379
379
381
2,379
2,365
2,380
2,378
Mar.
Mar.
Mar.
Mar.
4
11
18. .„
25
191
173
162
165
101
151
122
83
600
605
618
599
16
13
5
11
908
942
907
858
4,385
4,390
4,398
4,402
2,025
2,026
2,027
2,027
4,288
4,267
4,275
4,260
220
221
208
211
44
33
3
51
22
22
26
24
380
379
384
384
2,365
2,436
2,436
2,357
Apr
Apr
Apr
Apr
Apr
1 . , .,
8
15
22
29
164
143
132
135
155
167
172
131
152
170
598
599
599
599
598
14
15
33
25
13
943
929
895
911
936
,411
,416
,423
,426
,434
2,025
2,025
2,025
2,025
2,024
4.333
4,325
4,336
4,325
4,334
219
220
218
217
215
29
30
19
30
31
25
24
31
26
24
382
382
384
384
383
2,392
2,389
2,356
2,380
2,408
May
May
May
May
6
13
20
27
150
145
149
153
194
153
131
125
598
598
599
598
25
22
15
10
967
918
894
886
4,456
4,479
4,455
4,508
2,023
2,023
2,022
'2,022
4,376
4,340
4,352
4,347
215
214
215
216
25
36
15
19
29
26
26
27
383
383
382
382
2,418
2,421
2,411
2,425
173
185
185
214
134
127
107
106
598
599
599
619
33
18
16
21
938
929
907
960
4,506
4,516
4,606
4,628
2,022
2,022
2,022
2,023
4,386
4,436
4,469
4,446
215
210
214
229
59
14
44
60
37
28
28
40
380
381
379
379
2,389
2,399
2,401
2,457
150
162
162
182
183
103
92
70
67
67
663
668
678
678
678
34
38
41
15
17
950
960
951
942
945
4,669
4,677
4,672
4,664
4,666
2,022
2,022
2,023
2,024
2,024
4,554
4,549
4,521
4,508
4,493
216
212
216
218
218
41
16
18
18
13
70
72
87
85
126
371
370
368
368
309
2,389
2,440
2,436
2,432
2,415
189
195
231
242
66
136
155
181
681
728
728
728
31
46
27
48
967
1,105
1,141
1,199
4,668
4,677
4,696
4,705
2,024
2,024
2,023
2,023
4,562
4,603
4,665
4,707
219
218
223
220
12
15
29
83
159
209
195
210
368
367
366
365
2,339
2,393
2,382
2,342
June 3
June 10
June 17
June 24
July 1
JulyS
July 15
July 22
July 29
Aug.
Aug.
Aug.
Aug
-
_
- -
5
12
19
26
_
BANKING AND MONETARY STATISTICS
386
NO. 103-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1922-1141-Continued
[In millions of dollars]
Reserve Bank credit outstanding
1931
Sept, 2
Sept. 9..
Sept. 16
Sept. 23..
Sept. 30... . .
Gold
stock
Bills
discounted
Date
....
Bills
bought
U.S.
Government
securities
All
other
Total
257
260
263
310
333
198
198
218
243
469
728
728
742
738.
742
38
30
56
24
34
1,221
1,216
1,279
1,315
1,578
4,712
4,714
4,729
,610
,454
Treasury
deTreasposits
ury
with
cash
hold- Federal
ings
Reserve
Baoka
Treasury
currency
outstanding
Money
in circulation
2,023
2,023
2,023
2,023
2,023
4,749
4,805
4,801
4,877
4,959
225
229
219
220
227
Nonmember depoeite
Member bank
Other reserve balances
Federal
ExRecwa1
serve
(estiacTotal
mated)
counts
i
22 !
22
203
233
224
186
120
2,374
365
2,290
364
2,418
365
363 > 2,280
2,364
362
130
70
203
86
159
31
27
25
39
178
269
207
192
360
2,277
359
2,223
2,276
361
359 ; 2,229
129
105
166
136
40
3
Oct.
Oct.
Oct.
Oct.
7
14
21
28 ...
468
628
698
717
581
730
769
725
738
727
727
727
51
40
44
42
1,839
2,125
2,238
2,211
,355
,137
,050
,002
2,023
2,024
2,024
2,024
5,144
5,186
5,218
5,194
227
222
225
224
Nov.
Nov.
Nov.
Nov.
4
11
18....
25
705
684
662
686
642
597
534
480
728
727
727
727
34
56
49
48
2,109
2,064
1,972
1,941
,025
,060
,084
,121
2,025
2,026
2,026
2,025
5,258
5,232
5,186
5,192
226
229
227
222
31
50
24
28
167
185
165
170
355
355
356
358
2,123
2,099
2.124
2,11?
43
43
60
65
Dec.
Dec.
Dec.
Dec.
Dec.
2__._ „ _ „ „ _ „
9.
.
16
23.
30.
.
718
725
698
911
1,024
423
389
307
257
327
717
717
906
758
803
47
49
63
80
48
1,905
1,880
1,974
2,006
2,202
,133
,153
,171
,178
4.171
2,027
2,028
2,031
2,035
2,035
5,224
5,222
5,291
5,446
5,345
225
225
218
218
223
22
28
3
57
51
163
145
138
138
107
358
355
359
359
359
2,073
2,080
2,168
2,001
2,328
25
04
120
35
339
818
818
819
838
275
214
188
162
766
752
751
752
61
50
48
46
1,921
1,834
1,807
1,798
4,171
4,170
4,164
4,139
2,035
2,036
2,037
2,039
5,374
5,332
5,326
5,302
230
225
225
225
30
33 !
26
39
103
103
108
116
353
353
350
349
2,03(1 [
1,99*
1,972
1,945
62
47
48
34
855
819
846
835
156
169
146
133
749
741
741
741
49
48
47
25
1,810
1,779
1,781
1,734
4,119
4,116
4,082
4,063
2,043
2,046
2,049
2,054
5,344
5,338
5,322
5,306
226
234
229
225
32
48
27
49
85
08
82
46
348
847
347
349
1,937
1,905
1,004
1,878
56
35
43
27
828
748
661
666
633
116
138
106
82
66
760
785
842
835
872
25
27
25
15
16
1,729
1,698
1,634
1,597
1,587
4,063
4,075
4,087
4,094
4,101
2,056
2,058
2,060
2,060
2,060
5,296
5,258
5,235
5,193
5,152
228
236
217
225
227
37
47
4
43
53
38
32
55
29
55
347
350
350
35i
350
1,902
1.91C
1,919 i
1,911
1,911
52
69
58
84
81
635
629
565
532
58
52
49
46
885
985
,078
,191
21
20
9
17
1,599
1,086
1,700
1,785
4,109
4,093
4,090
4,081
2,060
2,061
2,061
2,061
5,171
5,136
5,138
5,111
997
£i£ti
228
229
229
28
53
78
49
50
61
74
71
350
350
354
353
1,942
2,011
1,976
2,114
110
175
128
259
„
506
471
465
471
45
43
41
38
,287
,385
,466
,525
22
19
16
13
1,859
1,919
1,988
2,048
4,057
4,027
3,988
3,920
2,0 0
2,060
2,061
2,060
5,162
5,144
5,162
5,124
229
237
235
234
3
26
36
77
78
71
70
351
350
350
350
2,141
2,144
2,192
2,214
289
281
331
354
„
495
502
496
488
470
35
36
66
54
64
,575
,645
1,692
1,730
1,801
17
16
16
16
11
2,122
2,198
2,270
2,288
2,346
3,820
3,692
3,622
3,630
3,633
2,059
2,059
2,058
2,057
2,057
5,180
5,165
5,180
5,218
5,362
230
226
222
233
218
13
37
3
54
28
105
62
94
52
45
349
347
349
351
349
2,125
2,112
2,101
2,066
2,034
270
279
274
249
230
July 6
July 13
July 20
July 27
500
516
538
525
77
62
52
40
1,801
1,821
1,836
1,841
30
18
12
16
2,408
2,417
2,438
2,422
3,635
3,645
3,665
3,674
2,057
2,056
2,056
2,056
5,488
5,427
5,448
5,403
224
230
232
241
40
59
54
45
42
43
46
48
343
344
343
343
1,963
2,015
2,036
2,072
162
216
247
282
Aug. 3
Aug. 10
Aug. 17 ..
Aug. 24
Aug. 31
487
452
443
427
433
41
39
36
35
34
1,846
1,851
1,851
1,851
1,852
14
15
14
8
12
2,388
2,357
2,344
2,321
2,331
3,700
3,718
3,759
3,777
3,801
2,058
2,064
2,076
2,087
2,106
5,441
5,420
5,419
5,397
5,405
245
239
239
238
247
56
26
49
30
59
47
46
46
31
36
344
346
346
347
345
2,012
2,062
2,080
2,142
2,146
213
267
277
337
330
Sept. 7
Sept. 14...,.
Sept. 21
Sept. 28
420
402
359
340
34
34
34
34
1,851
1,851
1,852
1,854
14
14
15
14
2,319
2,301
2,259
2,241
3,818
3.841
3,878
3,897
2,115
2,128
2,140
2,152
5,438
5,381
5,355
5,318
248
244
25S
270
47
19
69
48
31
36
36
36
340
347
849
351 -
2,142
2,244
2,211
2,269 i
323
403
374
428
333
328
314
322
33
33
34
34
1,851
1,851
1,851
1,851
23
22
21
14
2,241
2,234
2,219
2,221
3,914
3,921
3,940
3,970
2,158
2,166
2,175
2,182
5,362
5,364
5,334
5,297
255
248
249
249
i?
24'
37
61
39
30
351
352
359
357
2,284
2,246
2,326
2,412
437
399
461
537
1932
Jan. 6
Jan. 13
Jan. 20
Jan. 27
,.
Feb. 3
Feb. 10
Feb. 17
Feb. 24
...
,
.„
Mar, 2
Mar. 9
Mar, 16
Mar. 23
Mar. 30.
Apr.
Apr.
Apr.
Apr.
6
13
20
27
May
May
May
May
4
11.,'.
18
25
June 1
June 8
June 15
June 22
June 29
Oct.
Oct.
Oct.
Oct.
_.
•...
5
12
19
26
„.
For footnote see end of table, p. 394.
28
MEMBER BANK RESERVES AND RELATED ITEMS
387
NO. 103-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1922-1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Gold
stock
Treasury
currency
outstanding
Money
in circulation
Treasury
cash
holdings
TreasMember bank
ury
Other reserve balances
NonFeddeeral
posits memwith ber de- ReExFederal posits serve
cess1
acReTotal
(estiserve
counts
mated)
Banks
Bills
discounted
Bills
bought
U.S.
Government
securities
All
other
Total
326
311
307
308
309
34
34
35
35
35
1,851
1,851
1,851
1,851
1,851
15
3
16
8
8
2,226
2,199
2,208
2,201
2,202
3 , 979
3,983
3,996
4,032
4,053
2,186
2,193
2,195
2,196
2,199
5,329
5,364
5,342
5,348
5,361
248
246
240
245
251
31
28
26
26
24
38
34
33
53
50
359
360
359
357
357
2,384
2,342
2,400
2,400
2,411
494
455
502
493
498
299
284
270
267
34
34
33
33
1,851
1,851
1,851
1,851
14
20
25
17
2,197
2,180
2,180
2,168
4,065
4,081
4,200
4,218
2,201
2,202
2,203
2,203
5,382
5,377
5,443
5,400
256
253
257
264
31
24
36
42
40
37
39
39
357
356
362
363
2,395
2,425
2,446
2,482
485
517
525
554
251
248
249
265
33
32
32
31
1,851
1,812
1,778
1,763
29
13
9
7
2,163
2,106
2,068
2,067
4,237
4,2fi2
4,279
4,269
2,204
2,205
2,205
2,204
5,383
5,302
5,315
5,324
281
273
276
279
24
21
18
13
49
49
45
61
353
353
352
350
2,514
2,574
2,545
2,513
582
627
609
573
Feb. 1
Feb. 8 ...
Feb. 15
Feb. 22_
269
253
286
327
31
31
31
180
1,764
1,784
1,809
1,834
7
17
10
10
2,070
2,085
2,136
2,351
4,261
4,248
4,224
4,173
2,204
2. 203
2,203
2,203
5,365
5,418
5,567
5,701
282
273
278
284
37
12
52
41
66
68
88
88
347
345
342
343
2,438
2,419
2,236
2,271
499
501
340
401
Mar. 1
Mar. 8 ...
Mar. 15
Mar. 22__
Mar. 29—
712
1,414
1,233
680
559
384
417
403
352
310
4
1,830
1,881
-68
1,899 ' -9
1,864
1,838
-6
2,936
3 , 644
3,526
2,896
2,702 ,
4,056
3 , 956
3,964
3,977
3,985
6,432
2,218
2,230 > 7,251
6,982
2,256
6,321
2,273
6,066
2,287
275
279
289
320
356
28
38
28
112
72
91
138
132
126
144
345
348
350
350
348
2,038
1,776
1,964
1,918
1,987
272
129
309
238
293
441
428
414
385
286
247
208
177
1,837
1,837
1,837
1,837
15
16
30
12
2,579
2,528
2,490
2,412
3,996
4,006
4,026
4,023
2,297
2,303
2,308
2,306
5,974
5,860
5,781
5,707
355
355
340
334
86
35
26
37
135
143
163
172
347
348
355
355
1,976
2,096
2,159
2,136
288
388
435
377
May 3
May 10.. _.
May 17
May 24
May 31 ...
400
338
330
312
302
144
113
78
43
20
1,837
1,837
1,837
1,862
1,890
15
9
9
3
7
2,396
2,297
2,254
2,219
2,218
4,025
4,026
4,026
4,027
4,028
2,305
2,303
2,299
2,299
2,298
5,667
5,605
5,565
5,508
5,525
343
356
339
291
273
144
43
31
38
72
182
178
175
161
155
356
355
354
353
353
2,034
2,089
2,114
2,194
2,167
262
299
311
377
339
June 7 _ _ _ _ _
June 14 _June 21
June 28 .--
277
254
222
191
11
10
9
8
1,*932
1,955
1,975
15
15
8
7
2,214
2,212
2,194
2,182
4,029
4,031
4,030
4,031
2,2%
2,295
2,295
2,296
5,480
5,436
5,409
5,388
275
270
276
262
32
46
129
55
197
153
152
169
351
351
348
348
2,204
2,281
2,205
2,286
363
421
384
486
JulyS..... July 12 ...
July 19 .
July 26 ..
182
168
163
161
23
13
10
10
1,995
2,007
2,017
2,028
6
13
7
2
2,206
2,201
2,197
2,201
4,031
4,032
4,032
4,033
2,285
2,284
2,283
2,282
5,465
5,380
5,348
5,314
263
269
277
284
68
84
58
82
164
169
194
186
344
345
344
343
2,219
2,269
2,290
2,300
393
446
466
473
Aug.
Aug.
Aug.
Aug.
Aug.
164
156
166
150
153
8
8
7
7
7
2,038
2,048
2,059
2,094
2,129
8
8
7
9
2,208
2,220
2,240
2,258
2,298
4,033
4,033
4,034
4,041
4,041
2,281
2,281
2,281
2,280
2,281
5,331
5,321
5,325
5,305
5,305
277
268
267
270
271
56
24
48
49
68
188
195
197
175
202
350
350
347
348
347
2,319
2,376
2,371
2,432
2,427
491
553
502
631
618
Sept. 6 . .
Sept. 13
Sept. 20
Sept. 27
145
133
130
133
7
7
7
7
2,166
2,203
2,238
2,274
12
14
13
7
2,330
2,357
2,388
2,421
4,042
4,040
4,040
4,037
2,280
2,281
2,280
2,279
5,361
5,315
5,318
5,308
271
271
275
275
56
46
59
56
178
157
164
156
346
346
348
347
2,439
2,542
2,543
2,596
637
720
716
774
Oct. 4
Oct. 11
Oct. 18
Oct. 25 _ _ _•
123
119
113
115
7
7
7
7
2,309
2,344
2,375
2,400
10
7
18
5
2,449
2,477
2,513
2,528
4,037
4,037
4,036
4,036
2,279
2,278
2.M77
2,277
5,365
5,388 '
5,363
5,321
274
275
266
274
98
63
18
28
159
155
166
167
346
345
358
357
2,523
2,567
2,655
2,693
708
748
815
847
Nov
Nov
Nov
Nov
Nov
1 ...
8
15
22
29
117
112
111
112
119
7
7
15
20
24
2,420
2,430
2,432
2,431
2,432
7
-7
6
—1
7
2,550
2,542
2,564
2,562
2,581
4,036
4,036
4,036
4,036
4,036
2,276
2,275
2,275
2,276
2,277
5,353
5,386
5,368
5,367
5,455
272
282
281
285
287
116
91
64
31
82
178
161
163
149
142
353
355
355
355
354
2,591
2,578
2,645
2,687
2,573
743
747
814
840
727
Dec. 6
Dec. 13 ...
Dec. 20
Dec. 27
116
118
115
111
61
116
113
111
2,431
2,432
2,432
2,432
7
11
25
20
2,615
2,677
2,686
2,674
4,036
4,036
4,036
4,036
2,277
2,295
2,299
2,304
5,471
5,476
5,562
5,537
288
286
285
285
98
94
44
30
156
160
132
124
354
355
362
362
2,561
2,638
2,636
2,675
719
798
788
815
Date
Nov. 2 .....
Nov. 9
Nov. 16
Nov. 23-Nov. 30..Dec.
Dec.
Dec.
Dec.
1932
7 ..
14
2U_
28
Jan. 4
Jan. 11 ..
Jan. 18
Jan. 25
Apr,
Apr.
Apr.
Apr.
1933
5
12...
19
26.__. .
2.
9
16.
23
30
For footnote see end of table, p. 394.
,
BANKING AND MONETARY STATISTICS
388
NO. 103-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1922-1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Bills
discounted
Date
1934
_ ._..
. .
.
Apr. 4
Apr 11
Apr, 18
Apr 25
5,504
5,397
5,356
5,294
5,289
288
295
302
333
355
23
58
105
65
242
145
172
143
137
141
357
295
288
287
287
2,710
2,777
2.788
4
7
18
8
2,606
2,593
2,592
2,567
7,036
7,089
7,203
7,438
2,301
2,301
2,301
2,302
5,317
5,321
5,344
5,354
3,364
3,345
3,333
3,395
85
46
166
45
142
130
132
127
299
290
291
292
2,73(1
2,851
2,830
3,098
826
923
891
1,146
2
8
-9
5
2,539
2,532
2,508
2,519
7,556
7,605
7,640
7,681
2,312
2,332
2,343
2,356
5,374
5,345
5,334
5,336
3,259
3,210
3,228
3,262
35
16
24
56
133
143
154
161
294
301
302
303
3, 3 IS
3,454
3,449
3,439
,361
,467
,446
,432
\
2,509
2,492
2,493
2,486
7,703
7,732
7,746
7,755
2,369
2,381
2,381
2,380
5,371
5,347
5,347
5,324
3,256
3,210
3,135
3,130
67
29
69
18
140
148
167
167
297
312
237
237
3,450
3,560
3,665
3,744
,433
,518
,619
,691
2,432
2,432
2,430
2,430
2,430
6
9
3
-1
1
2,484
2,484
2,473
2,469
2,470
7,756
7,756
7,753
7,766
7,776
2,381
2,380
2,380
2,375
2,371
5,359
5,352
5,344
5,316
5,338
2,934
3,038
3,037
3,001
2,999
243
60
45
51
52
280
257
252
242
233
235
235
233
233
232
3,570
3,678
3,694
3,767
3,763
,506
,629
,641
,693
,680
5
5
5
5
2,430
2,430
2,430
2,430
10
8
5
3
2,475
2,472
2,468
2,465
7,790
7,820
7,835
7,846
2,365
2,361
2,359
2,364
5,342
5,313
5,310
5,301
2,958
2,908
2,924
2,943
76
48
197
134
230
251
224
225
237
238
239
236
3,787
3,895
3,769
3,837
1,694
1,789
1,675
1,736
29
23
23
21
5
5
5
5
2,432
2,432
2,432
2,432
22
8
?3
2,488
2,468
2,460
2,456
7,866
7,881
7,897
7,911
2,365
2,365
2,363
2,364
5,397
5,344
5,328
5,291
2,961
2,951
2,933
2,924
152
63
21
48
232
223
222
220
230
231
229
228
3,746
3,902
3,987
4,020
1,637
1,782
1,851
1,873
21
21
20
20
21
5
5
5
5
5
2,432
2,432
2,431
2,432
2,432
5
(2)
11
(2)
5
2,463
2,458
2,468
2,457
2,463
7,932
7,957
7,979
7,983
7,981
2,361
2,357
2,375
2,390
2,403
5,315
5,334
5,343
5,347
5,345
2,914
2,916
2,918
2,928
2,914
160
25
58
44
30
219
209
211
211
204
232
229
228
228
226
3,915
4,059
4,064
4,072
4,127
1,768
1,923
1,911
1,902
1,945
24
23
22
20
5
5
5
6
2,432
2,431
2,431
2,430
6
10
8
7
2,467
2,469
2,466
2,463
7,963
7,968
7,972
7,976
2,412
2,414
2,412
2,409
5,419
5,409
5,412
5,403
2,924
2,919
2,913
2,906
163
139
211
155
203
213
195
186
225
224
230
229
3,907
3,948
3,889
3,970
1,723
1,762
1,692
1.768
15
12
12
11
11
6
6
6
6
6
2,431
2,430
2,430
2,430
2,430
3
5
8
9
2,455
2,448
2,457
2,452
2,455
7,980
7,985
7,990
7,993
8,002
2,407
2,403
2,410
2,429
2,434
5,468
5,479
5,469
5,436
5,453
2,912
2,916
2,915
2,931
2,939
156
51
53
118
92
182
183
183
165
164
229
229
239
239
237
3,895
3,979
3,996
3,985
4,006
1,691
1,771
1,762
1,733
1.748
6
6
6
6
2,430
2,430
2,430
2,430
-9
14
13
9
2,440
2,474
2,470
2,460
8,008
8,030
8,076
8,112
2,442
2,450
2,459
2,469
5,503
5,480
5,455
5,516
2,911
2,911
2,923
2,931
33
53
33
86
172
163
159
160
240
240
239
239
4,032
4,107
4,196
4,108
1,783
1,848
1,912
1,825
6
6
6
6
2,430
2,430
2,430
2,430
6
17
32
25
2,452
2,462
2,477
2,470
8,161
8,180
8,198
8,228
2,478
2,486
2,505
2,504
5,545
5,532
5,587
5.628
2,962
2,962
2,989
3,013
98
98
232
168
176
184
185
188
237
239
243
244
4,073
4,112
3,943
3,961
1,786
1,813
1,646
1,678
17
9
7
6
6
6
6
6
2,431
2,430
2,430
2,430
2,430
17
24
15
19
16
2,461
2,467
2,468
2,463
2,460
8,243
8,258
8,273
8,308
8,387
2,514
2,508
2,504
2,500
2,497
5,534
5,420
5,382
5,347
5,358
3,038
3,014
2,952
2,945
2,950
126
80
67
49
57
190
194
215
188
194
240
242
242
241
242
4,090
4,283
4,388
4,501
4,542
1,802
1,986
2,069
2,162
2,203
6
7
6
6
. _..
. -_
June 6
June 13
June 20
June 27
„ ._-_„
-.-.
„
July 3
July 11 .
July 18
July 25
_
Aug. 1
Aug. 8
Aug 15
Aug. 22
Aug. 29
.....
_._._.„-,.
_.
Sept, 5
Sept- 12
Sept. 19
Sept. 26
„_..
..
..
___.
()et. 3
Oct. 10
Get 17
Get. 24 _.
Get. 31
7
14
21
28
.
Jan' 2 ....
Jan- 9
Jan 16
Jan 23
Jan SO
6
13
20
27
2,303
2,302
2,302
2,301
2,302
10
9
9
9
.
. .
May 2
May 9
May 16
May 23
May 30
Feb.
Feb
Fob
Feb
Tica-Member bank
Other reserve balances
ury
FedNondeposits memeral
with ber de- ReExFederal posite serve
cess '
ReacTotal
(esticounts
serve
mated)
B i:ks
4,036
4,036
4,035
4,035
4,033
.
„_-.
.
1935
6
6
6
6
2,430
2,430
2,430
2,430
24
8
7
7
2,466
2,450
2,448
2,450
8,421
8,456
8,489
8,524
2,503
2,525
2,522
2,520
5,407
5,430
5,442
5,442
2,895
2,923
2,894
2,907
35
72
38
99
176
182
193
211
246
245
247
246
4,633
4,580
4,645
4,588
2,284
2,240
2,272
2,201
6
6
8
8
6
6
5
5
2,430
2,430
2,430
2,430
10
18
11
9
2,452
2,460
2,455
2,452
8,546
8,551
8,554
8,563
2,517
2,525
2,521
2,535
5,478
5,454
5,453
5,436
2,909
2,921
2,910
2,942
89
SS
310
393
237
238
243
241
246
247
254
253
4,555
4,588
4,361
4,285
2,185
2,191
1,950
1,888
2,432
2,432
2,432
2,432
2,434
97
86
75
62
2,432
2,432
2,432
2,432
59
55
51
53
46
37
33
29
2,432
2,432
2,432
2,432
26
17
13
10
2,432
2,432
2,430
2,430
38
37
34
34
34
8
7
6
5
5
29
28
28
27
- ..
Mar. 7
Mar 14
Mar. 21
Mar 28
5
12
19
26
Total
Treasury
cash
holdings
29 '2,688
7 2,655
1 2,646
-2 2,631
2 2,630
121
113
112
104
111
48
43
40
40
-
Feb 7
Feb. 14
Feb 21
Feb. 28
Dec.
Dec.
Dec.
Dee.
Gold
stock
All
other
Money
in circulation
13
25
21
15
-
106
104
101
97
83
73
68
66
64
Jan 3
Jan 10
Jan 17
Jan 24
Jan. 31
Nov.
Nov.
Nov
Nov
U.S.
Government
securities
Bills
bought
Treasury
currency
outstanding
_
...
---
Mar. 6
Mar 13
Mar 20
Mar 27
....
, -
,
.
For footnotes see end of table, p. 394.
n
•
(
(2>
2,85:; '
2.6E3 ;
827
895
891
938
745
MEMBER BANK RESERVES AND RELATED ITEMS
389
NO. 103-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1922-1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Gold
stock
Treasury
currency
outstanding
Money
in circulation
Treascash
holdings
Treasury
deposits
wit,i
Federal
Reserve
Banks
Nonmember deposits
Member bank
Other reserve balances
Ftderal
ReExserve
cess1
acTotal
(esticounts
mated)
Bills
discounted
Bills
bought
U.S.
Government
securities
All
other
Total
6
6
7
7
5
5
5
5
2,431
2,430
2,431
2,430
19
21
27
10
2,462
2,463
2,470
2,452
8,568
8,614
8,672
8,701
2,548
2,549
2,549
2,550
5,497
5,487
5,512
5,459
2,930
2,983
2,944
2,921
474
393
205
57
230
224
271
288
253
253
257
258
4,193
4,287
4,501
4,719
1,821
1,907
2,095
2,264
May 1
May 8
May 15
May 22
May 29
6
6
7
7
8
5
5
5
5
5
2,430
2,430
2,430
2,430
2,430
21
25
32
18
24
2,463
2,466
2,473
2,459
2,467
8,721
8,728
8,737
8,762
8,835
2,543
2,536
2,534
2,531
2,526
5,489
5,496
5,494
5,481
5,511
2,902
2,887
2,866
2,869
2,896
76
51
35
37
74
276
277
267
285
262
263
261
259
259
258
4,721
4.758
4,822
4,821
4,827
2,252
2,304
2,350
2,328
2,322
June 5
June 12 ...
June 19
June 26 .._
8
8
7
7
5
5
5
5
2,430
2,430
2,430
2,430
32 2,475
29 2,472
40 ! 2,482
30 2,472
8,916
9,016
9,089
9,109
2,521
2,514
2,510
2,508
5,514
5,493
5,498
5,498
2,935
2,922
2,897
2.911
95
66
126
80
196
214
301
306
257
258
264
263
4,914
5,049
4,996
5,029
2,400
2,521
2,445
2,471
8
7
7
6
7
5
5
5
5
5
2,431
2,430
2,430
2,430
2,430
24 1 2,468
31 2,473
30 2,472
19 i 2,460
. 23 2,465
9,119
9,123
9,127
9,135
9,144
2,504
2,503
2,501
2,503
2,510
5,619
5,551
5,530
5,496
5,518
2,820
2,830
2,835
2,852
2,865
182
102
251
282
126
312
302
302
265
253
258
263
258
258
257
4,900
5,052
4,924
4,945
5,100
2,320
2,456
2,340
2,335
2,513
6
6
7
9
5
5
5
5
2,430
2,430
2,430
2,430
34 2,476
36 2,477
26 \ 2,468
26 2,471
9,158
9,184
9,189
9,197
2,477
2,437
2,421
2,408
5,550
5,558
5,574
5,573
2,819
2,741
2,668
2,633
113
34
54
50
253
251
230
213
261
259
260
260
5,115
5,254
5,291
5,346
2,547
2,667
2,682
2,749
11
11
10
10
5
5
5
5
2,430
2,430
2,430
2,430
25
34
27
29
2,472
2,479
2,472
2,474
9,209
9,219
9,240
9,297
2,395
2,391
2,390
2,382
5,650
5,638
5,632
5,626
2,643
2,602
2,615
2,666
103
27
224
112
193
186
244
262
259
248
250
250
5,228
5,388
5,136
5,236
2,643
2,790
2,527
2,592
10
10
9
7
6
5
5
5
5
5
2,430
2,430
2,430
2,43J
2.430
24 i 2,470
34 2,478
52 2,496
31 2,472
33 i 2,474
9,414
9,463
9,584
9,629
9,686
2,399
2,396
2,404
2,397
2,401
5,688
5,698
5,696
5,684
5,686
2,723
2,687
2,639
2,595
2,605
91
60
54
99
60
306
313
307
292
296
251
250
254
254
260
5,224
5,330
5,534
5,575
5,653
2,569
2,694
2,878
2.UOO
2,981
Nov. 6 .
Nov. 13
Nov. 20_-_
Nov. 27
7
9
5
6
5
5
5
5
2,430
2,430
2,430
2,430
21
49
31
32
2,462
2,492
2,471
2,472
9,714
9,747
9,804
9,874
2,401
2,399
2,409
2,421
5,754
5,746
5,739
5,820
2,595
2,563
2,598
2,571
60
78
50
54
236
249
262
282
260
257
253
252
5,671
5,746
5,782
5,789
2,993
3,052
3,0d9
3,051
Dec. 4
Dec. 11
Dec. 18
Dec. 24 _ .
Dec. 31—
5
6
7
7
5
5
5
5
5
5
2,430
2,430
2,430
2,431
2,431
29
33
41
81
45
2,470
2,474
2,483
2,523
2,486
10,009
10,068
10,098
10,115
10,125
2,442
2,447
2,458
2,464
2,476
5,843
5,841
5,902
5,991
5,882
2,583
2,534
2,528
2,542
2,566
43
24
633
614
544
283
280
281
266
255
262
270
258
259
253
5,905
6,040
5,437
5,429
5,587
3,173
3,304
2,706
2,693
2,844
5
5
6
7
5
5
5
5
2,430
2,430
2,430
2,430
35
45
36
28
2,476
2,485
2,477
2,470
10,144
10,158
10,172
10,179
2,476
2,492
2,498
2,492
5,783
5,722
5,704
5,693
2,588
2,556
2,578
2,553
461
462
515
478
265
284
296
301
253
253
253
254
5,745
5,859
5,802
5,863
3,002
3,095
3,030
3,087
10
8
7
7
5
5
5
5
2,430
2,430
2,430
2,430
44
65
64
33
2,489
2,508
2,505
2,475
10,168
10,155
10,160
10,163
2,491
2,496
2,499
2,502
5,742
5,763
5,771
5,775
2,518
2,511
2,506
2,516
440
482
473
433
324
364
327
323
255
254
255
254
5,869
5,784
5,832
5,839
3,089
3,007
3,045
3,062
' 6
5
6
6
5
5
5
5
2,431
2,430
2,430
2,430
34 2,475
33 ! 2,473
44 1 2,485
45 2,485
10,167
10,170
10,173
10,177
2,506 . 5,848
2,503
5,840
2,503
5,841
2,502 •5,837
2,519
2,518
2,520
2,520
379
391
1,067
1,147
321
337
328
340
269
274
261
261
5,813
5,786
5,144
5,059
3,043
3,008
2,388
2,315
7
6
6
5
5
5
5
5
5
5
2,430
2,430
2,430
2,430
2,430
34 2,477
38 ; 2,479
35 2,477
35 2,475
32 2,472
10,185
10,190
10,200
10,209
10,221
2,504
2,505
2,502
2,501
2,501
5,884
5,906
5,877
5,860
5,859
2,528
2,538
2,544
2,557
2,529
1,086
964
830
712
679
331
346
335
355
362
259
258
260
260
259
5,077
5,161
5,333
5,442
5,506
2,338
2,384
2,548
2,640
2.686
5
5
5
5
5
5
5
4
2,430
2,430
2,430
2,430
38
30
30
26
2,478
2,469
2,470
2,466
10,248
10,302
10,375
10,388
2,497
2,496
2,493
2,494
5,912
5,888
5,896
5,902
2,553
2,583
2,625
2,572
622
578
513
544
345
351
353
326
259
257
258
256
5,532
5,611
5,694
6,747
2,697
2,774
2,859
2,901
3
3
3
3
2,430
2,430
2,430
2,430
50
32
40
32
2,489
2,471
2,480
2,472
10,409
10,480
10,543
10,600
2,493
2,489
2,490
2,500
5,953
5,937
6,048
6,173
2,579
2,548
2,607
2,648
505
516
1,421
929
349
306
282
252
292
299
261
261
5,713
5,833
4,894
5,308
2,844
2,948
2,043
2,438
Date
Apr.
Apr.
Apr
Apr.
3 _..
10
17
24
July 3
July 10
July 17
July 24
July 31
1935
„
„._.
_-_
..
...
Aug. 7 „
Aug 14
Aug. 21
Aug 28
Sept. 4
Sept. 11
Sept. 18
Sept. 25
,_
Oct. 2
Oct. 9
Oct. 16
Oct. 23
Oct. 30
Jan. 8
Jan. 15
Jan. 22
Jan. 29
. _
1936
Feb. 5Feb. 12
Feb. 19 ...
Feb. 26
.
Mar. 4
Mar. 11
Mar. 18....
Mar. 25 . .
Apr. 1
Apr. 8
Apr. 15
Apr. 22
Apr. 29 .
__ _
May 6
May 13
May 20
May 27 ...
June 3
6
June 10
_
5
June 17 „
7
June 24
6
For footnote see end of table, p. 394.
BANKING AND MONETARY STATISTICS
390
NO. IDS-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, WMS41-Conlinued
[In millions of dollars]
Reserve Bank credit outstanding
U.S. Government
8ecurities
Bills
All
Ma- [ Madisturing turing other
countTotal within after
ed
5
5
years3! years3
Date
1936
July 1
JulyS
July 15.. ...
July 22
July 29
, ...
4
3
3
3
4
2,430
2,430
2,430
2,430
2,430
4
8
6
7
______
Total
Gold
stock
Mem'ber bank
Other reaervti balances
FedNoneral
posits memExwith ber de- Receea'
Federal poeits serve
ac(estiTotal
Recount*
mated)
serve
Banks
Treaa-
Treasury
currency
outstanding
Money
in circulation
Treae-
SSL
hoidinga
3?
38
38
45
32
27
2,473
2,472
2,478
2,466
2, '460
10,612
10,622
10,629
10,634
10,642
2,498
2,498
2,496
2,497
2,496
6,250
6,242
6,190
6,153
6,123
2,501
2,508
2,428
2,436
2,441
731
507
593
519
466
256
263
266
300
298
256
256
255
254
253
5,589
5,814
5,872
5,935
6,016
2,670
2,883
2,923
2,986
3,049
2,430 -__.._
2,430
2,430
2,430 ...... ".".Ill
29
39
20
27
2,463
2,477
2,457
2,465
10,650
10,661
10,678
10,695
2,496
2,498
2,499'
2,501
6,163
6,170
6,184
6,184
2,427
2,421
2,410
2,410
439
338
215
143
321
337
342
336
254
255
255
256
6,005
6,116
6,229
6,332
3,051
3,167
1,813
1.892
9
8
8
7
9
2,430
2,430
2,430
2,430
2,430
24
43
57
36
34
2,463
2,482
2,495
2,473
2,473
10,717
10,736
10,762
10,786
10,845
2,502
2,508
2,507
2,509
2,512
6,225
6,276
6,255
6,239
6,267
2,375
2,365
2,371
2,399
2,458
107
55
418
388
253
280
271
251
255
234
255
288
263
263
262
6,441
6,471
6,206
6,225
6,357
1,958
1,997
1,714
1,743
1,840
Oct. 7
Oct. 14
Oct. 21
Oct. 28.
8
8
6
6
2,430
2,430
2,430
2,430
35
47
27
26
2,472
2,485
2,463
2,462
10,971
11,003
11,008
11,031
2,509
2,512
2,514
2,514
6,305
6,316
6,311
6,302
2,440
2,421
2,403
2,390
271
196
135 ' 249
227
88
220
100
263
261
264
263
6,479
6,617
6,693
6,732
1,954
2,072
2,127
2,158
Nov. 4 =
Nov. 10
Nov. IS,,..,,
Nov. 25
7
7
5
6
2,430
2,430
2,430
2,430
11
33
28
21
2,448
2,470
2,464
2,457
11,058
11,105
11,127
11,162
2,515
2,516
2,520
2,520
6,378
6,393
6,375
6,429
2,892
2,366
2,378
2,370
95
55
50
79
200
191
107
206
262
262
260
261
6,693
0,825
0,851
6,795
2,138
2,260
2,276
2,210
6
6
8
9
5
2,430
2,430
2,430
2,430
2,430
31 2,467
32 2,468
45 2,483
103 ! 2,542
48 2,484
11,188
11,206
11,222
11,229
11.251
2,522
2,525
2,532
2,531
2,530
6,466
6,497
6,552
6,680
6,550
2,353
2,372
2,346
2,342
2,368
no
93
173
251
231
212
229
227
256
274
260
278
265
266
270
6,775
6,731
6,674
0,507
6,572
2,205
2,157
2,046
1,881
1,946
3
2
2
3
2,430
2,430
2,430
2,430
1,987
1,986
1,985
1,985
443
444
445
445
31
43
35
45
2,464
2,476
2.468
2,478
11,271
11,308
11,317
11,345
2,531
2,528
2,533
2,531
6,473
6,371
6,339
6,318
2,395
2,439
2,463
2,503
232
190
188
180
278
308
312
315
261
261
261
259
6,627
6,740
6,755
6,779
2,010
2,103
2,130
2,160
3
3
3
4
2,430
2,430
2,430
2,430
1,985
it ,982
ll,973
1,959
445
448
457
471
30
44
45
26
2,463
2,477
2,478
2,460
11,364
11,387
11,403
11,425
2,531
2,531
2,530
2,532
6,348
6,360
6,351
6,372
2,529
2,563
2,575
2,602
176
132
162
180
286
310
300
302
261
259
256
255
6,758
6,771
6,768
6,705
2,150
2,184
2,186
2,097
Mar. 3 .. .Mar. 10
Mar. 17-.-... . .
Mar. 24
Mar, 31.....
...
7
5
4
8
12
2,430
2,430
2,430
2,430
2,430
,951
1,951
1,895
11,853
1,848
479
479
535
577
582
20
19
15
25
16
2,457
2,454
2,450
2,463
2,458
11,443
11,484
11,515
11,541
11,574
2,535
2,537
2,538
2,537
2,541
6,407
6,376
6,385
6,375
6,377
2,620
2,672
2,697
2,723
2,753
216
186
87
279
311
280
238
243
326
236
253
254
261
260
258
6,660
6,749
6,830
6,578
0,039
,310
,380
,449
,269
,398
Apr. 7
Apr. 14
Apr. 21Apr. 28
8
11
8
11
2,459
2,487
2,487
2,526
1,850
1,847
1,848
1,842
609
639
638
684
26
31
29
33
2,493
2,528
2,523
2,571
11,592
11,697
11,737
11,782
2,539
2,541
2,540
2,541
6,387
6,383
6,388
6,381
2,774
2,876
2,914
2,950
275
112
119
05
247 i
236
245
270
258
258
259
258
6,684
6,901
6,877
0,934
1,442
1,627
1,587
1,843
.
17
16
15
16
2,526
2,526
2,526
2,526
1,844
1,844
1,844
1,844
682
682
682
682
34
34
23
15
2,577
2,576
2,565
2,557
11,838
11,882
11,907
11,977
2,547
2,545
2,547
2,546
6,426
6,405
6,399
6,399
3,013
3,056
3,079
3,140
97
106
117
80
286
237
250
261
257
257
256
256
6,882
0,943
6,918
6,944
887
936
907
938
June 2
June 9,.,.....
....
June 18,..- - -- „
June 23. .
June 30
17
14
14
13
10
2,526
2,526
2,526
2,526
2,526
1,844
1,844
1,844
1,844
1.844
682
682
682
682
682
29
32
43
23
26
2,573
2,573
2,583
2,562
2,562
12,027
12,118
12,220
12,270
12,318
2,548
2,547
2,548
2,550
2,550
6,487
6,435
6,415
6,394
6,447
3,182
3,254
3,348
3,396
3,445
115
85
250
151
93
255
279
267
324
285
256
255
263
263
260
6,854
6,929
6,808
6,854
6, tOO
86D
931
762
814
865
July 7
July 14
July 21
July 28
13
15
12
15
2,526
2,526
2,526
2,526
1,844
1,844
1,844
1,844
682
682
682
682
39
44
25
18
2,578
2,585
2,584
2,560
12,376
12,423
12,404
12,433
2,552
2,551
2,553
2,574
6,524
6,457
6,436
6,424
3,511
3,550
3,527
3,576
101
90
184
228
285
275
258
305
258
258
258
258
6,827
6,928
6,858
6,776
875
064
874
813
15
17
18
19
2,526
2,528
2,526
2,526
1,844
1,844
1,844
1,839
682
682
682
686
20
29
21
20
2,561
2,572
2,565
2.565
12,462
12,497
12,527
12,541
2,572
2,573
2,577
2,577
6,468
6,482
6,500
6,495
3,605
3,640
3,672
3,683
309
253
156
161
320
327
340
356
258
259
258
258
6,636
6,681
6,744
6,730
704
740
782
701
1,838
1,838
1,838
1,838
1.838
687
687
687
687
687
29
23
49
27
23
2,579
2,572
2,598
2,578
2,573
12,567
12,604
12,651
12,694
12,734
2,585
2,587
2,590
2,593
2,596
6,532
6,597
6,554
6,529
6,520
3,719
3,756
3,495
3,537
3,575
156
130
348
198
140
337
314
313
362
369
25G
257
266
266
266
6,731
0,710
6,865
6,977
7,03*
750
750
8SO
1,020
1,062
.....
,. ..
Aug. 5
Aug. 12
Aug. 19
Aug. 26
-
Sept. 2
Sept. 9
Sept. 16
Sept. 23
Sept, 30
.. ...
.,
..
Deo. 2
Deo. 9.
Deo. 16Deo. 23 .
Dec. HO..
..
-
, 1937
Jan. 6
Jan. 13. . .
Jan. 20
Jan. 27..
„_ -
Feb. 3.
Feb. 10.
Feb. !?„.
Feb. 24—
May
May
May
May
„ ..
.
5
12
19
26
.... ..
Aug. 4. . .
Aug. 11
Aug. 18
AUK. 25
..
24 2,526
Sept. 1 ..
Sept. 8
24 2,526
23 2,526
Sept. 15
24 2,526
Sept. 22
..
24 2.526
Sept. 21)
_
For footnotes see end of table, p, 394.
MEMBER BANK RESERVES AND RELATED ITEMS
391
NO. 103-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1922-1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Date
Gold
stock
U. S. Government
securities
Bills
All
Mar Madistaring turing other
countTotal within after
ed
5
5
years 3 years 3
1937
Treas-.
try
currency
outstanding
Money
in circulation
Treasury
cash
holdings
Total
421
458
479
485
265
264
264
264
7,003
6,919
6,939
6,951
1,090
992
,021
,073
3,662
3,648
3,633
3,626
111 - 482
483
139
503
135
485
113
263
263
262
261
6,889
6,879
6,922
6,949
,046
,066
.100
,138
6,568
6,591
6,596
6,681
6,571
3,627
3,622
3,620
3,625
3,620
177
242
232
153
140
459
446
419
470
413
261
262
270
269
269
6,906
6,836
6,884
6,855
6,983
,119
,052
,057
,007
,157
2,639
2,640
2,639
2,654
6,510
6,395
6,346
6,294
3,622
3,628
3,621
3,642
127
115
135
117
404
401
418
393
262
262
264
261
7,071
7,193
7,219
7,296
,267
,386
,371
,440
12,755
12,756
12,781
12,784
2,657
2,661
2,662
2,665
6,323
6,306
6,302
6,324
3,648
3,650
3,626
3,620
143
156
187
155
383
434
454
443
260
259
258
258
7,249
7,205
7,216
7,240
,385
,385
,364
.412
23
23
18
23
2,526 1,838
2,526 1,838
2,526 1,838
2,526 1,838
687
687
687
687
33
8
21
20
2,583
2,558
2,565
2,570
12,765
12,784
12,793
12,801
2,596
2,601
2,605
2,607
6,569
6,585
6,546
6,519
3,610
3,634
3,654
3,666
3
10
17
24
24
21
19
16
2,526
2,537
2,555
2,564
1,838
1,849
1,867
1,876.
687
687
687
687
9
18
17
16
2,559
2,576
2,590
2,506
12,804
12,789
12,789
12,774
2,608
2,611
2,611
2,619
6,565
6,564
6,534
6,554
Dec. 1
Dec. 8
Dec. 15
Dec. 22
Dec. 2 9 _ _ _ . . . .
17
17
16
16
13
2,564 1,876
2,564 1,876
2,564 1,843
2,564 1,863
2,564 1,863
687
687
721
701
701
22
30
51
78
25
2/603
2,612
2,631
2,658
2,602
12,774
12,764
12,765
12,765
12,760
2,621
2,623
2,625
2,630
2,634
11
11
11
11
2,564
2,564
2,564
2,564
,863
,867
,889
,889
701
696
675
674
28
24
35
18
2,603
2,599
2,610
2,594
n.ws
12,755
12,755
12,755
11
11
10
10
2,564
2,564
2,564
2,564
,890
,898
,902
,902
674
666
661
661
18
18
26
16
2,594
2,594
2,600
2,591
Oct.
Oct.
Oct.
Oct
6
13
20
27
Nov
Nov.
Nov.
Nov.
Jan. 5
Jan. 12...
Jan. 19
Jan. 26
1938
Feb. 2_
Feb. 9
Feb. 16..
Feb. 23
...
TreasMember bank
ury
Other reserve balances
NonFeddeeral
posits memwith ber de- ReExFederal posits serve
cess1
ae- . Total
Re(estiserve
mated)
counts
Banks
76
83
82
94
Mar.
Mar.
Mar.
Mar.
Mar.
2.,
9..........
16..
23,
30
10
8
8
10
12
2,564 ,914
2,564 ,914
2,564 1,901
2,564 1,893
2,564 1,892
649
649
662
671
672
-11
21
36
19
11
2,563
2,594
2,608
2,592
2,587
12,767
12,768
12,778
12,781
12,794
2,669
2,670
2,672
2,674
2,680
6,343
6,334
6,328
6,325
6,329
3,579
3,562
3,550
3,545
3,551
185
181
264
270
292
421
389
325
312
315
256
256
264
263
263
7,215
7,311
7,328
7,333
7,312
,391
,467
,460
,559
,560
Apr.
Apr.
Apr.
Apr.
613___.
20..
27...
11
13
10
8
2,564
2,564
2,564
2,564
,845
,839
,947
,968
718
724
617
5S6
21
25
10
14
2,596
2,602
2,583
2,586
12,803
12,825
12,841
12,860
2,682
2,683
2,688
2,690
6,394
6,380
6,361
6,355
3,554
3,542
2,164
2,192
244
141
1,428
1,321
334
317
349
343
259 - 7,296
7,472
258
7,547
263
7,661
264
1,575
1,727
2,492
2,579
May 4__ _ _ . . .
May 11
May 18...
May 25.......
8
8
8
9
2,564
2,564
2,564
2,564
,968
,969
,969
,972
596
595
595
592
16
17
17
10
2,589
2,589
2,589
2,583
12,870
12,880
12,892
12,905
2,693
2,695
2,697
2,701
6,407
6,396
6,402
6,393
2,196
2,215
2,226
2,248
1,429
1,361
1,283
1,183
353
370
383
387
263
262
261
261
7,504
7,560
7,622
7,716
2,442
2,483
2.555
2,632
8
9
9
10
10
2,564
2,564
2,564
2,564
2,564
,972
,972
,899
,899
,899
592
592
665
665
665
21
10
24
18
16
2,593
2,582
2,598
2,591
2,590
12,918
12,940
12,950
12,957
12,962
2,703
2,703
2,707
2,710
2,712
6,469
6,437
6,420
6,402
6,428
2,254
2,277
2,289
2,293
2,299
1,093
1,005
935
929
864
393
399
438
445
366
260
261
267
267
266
7,745
7,848
7,904
7,922
8,041
2,640
2,711
2,726
2,782
2,900
June 1...
June 8
____
June 15. _ .
June 2 2 _ _ _ _ _ _ _
June29___._
July
July
July
July
6.......
13.... .
20. ,
27..
8
9
8
7
2,564
2,564
2,564
2,564
,899
,899
,899
,899
665
665
665
665
31
23
14
12
2,603
2,596
2,585
2,583
12,967
12,979
12,989
13,002
2,715
2,716
2,717
2,719
6,514
6,444
6,433
6,416
2,303
2,315
2,321
2,328
770
628
724
732
363
372
353
383
261
261
259
258
8,074
8,273
8,202
8,188
2,985
3,153
3,039
3,036
Aug.
Aug.
Aug.
Aug.
Aug.
3
10____
17
24.
31
6
7
7
7
7
2,564
2,564
2,564
2,564
2,564
,899
,899
,899
,899
,899
665
665
665
665
665
4
11
17
8
14
2,574
2,582
2,587
2,579
2,585
13,025
13,033
13,052
13,079
13,136
2,721
2,723
2,724
2,727
2,731
6,465
6,466
6,485
6,470
6,504
2,357
2,367
2,386
2,417
2,480
775
839
802
771
720
392
365
349
315
313
257
256
256
256
255
8,074
8,046
8.085
8,156
8,179
2,924
2,920
2,927
2,975
2,941
Sept. 7
Sept. 14..
Sept. 21..
Sept. 28.
7
7
8
9
2,564
2,564
2,564
2,564
,899
,899
,856
,855
665
665
708
709
21
25
24
24
2,592
2,596
2,596
2,597
13,237
13,421
13,588
13,714
2,729
2,733
2,735
2,738
6,579
6,550
•6,552
6,574
2,579
2,759
2,833
2,816
561
346
917
864
317
416
342
337
254
254
261
261
8,269
8,425
8,014
8,197
3,034
3,131
2,744
2,889
Oct.
Oct.
Oct.
Oct.
7
9
6
7
2,564
2-, 564
2,564
2,564
,857
,857
,857
,857
707
707
707
707
22
32
18
9
2,593
2,605
2,589
2.5*0
13,812
13,869
14 008
14,051
2,741
2,744
2,746
2,749
6 640
6,667
6,668
6,654
2,*09
2,812
2.770
2,767
770
703
609
346
376
342
374
2*1
260
261
261
8,321
8,400
8,693
8,740
3,019
3,045
3,265
3,275
R
8
7
7
7
2,564
2,564
2,564
2,564
2,564
1,857
1,857
1,857
,857
1,857
707
707
707
707
707
10
-3
19
17
13
2,582
2,569
2,590
2,584
14,071
14,091
14,162
14,940
14,312
2,752
2,755
2,756
2,767
2,773
6,706
6,761
6,732
6,763
6,787
2.751
2.737
9,721
2,717
2,689
576
578
544
474
484
426
531
525
561
574
260
259
259
258
259
8,686
8,546
8,727
8,818
8,876
3,217
3,132
3,262
3,353
3,383
6 2,564
2,564
8 2,564
7 2,564
1,857
1,857
1,804
1,804
707
707
760
760
21
29
84
39
2,591
2,600
2,656
2,610
14,367
14,380
14,454
14,508
2,775
2,784
2.788
2,790
6,844
6,858
6,943
6.912
2,681
2,651
2,677
2,707
407
413
1,025
941
576
551
514
505
258
258
267
265
8,966
9,034
8,472
8.577
3,442
3,476
2,979
3,072
5
12
19
26
Nov
Nov
Nov
Nov
No
2.. •.
9
18...
53
30
Dec. 7
Deo. 14
Dec. 21.
Dec. 28
For footnotes see end of table, p. 394.
2,n87
392
BANKING AND MONETARY STATISTICS
NO. 103-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 192 2-1 Ml-Continued
[In millions of dollars]
Reserve Bank credit outstanding
U. S. Government
securities
Bills
disMa- MacountTotal turing
ed
wi thin
5 J 5
years3 ' years
Date
IS
1939
All
other
Total
Gold
stock
Treasury
currency
outstanding
Money
in circulation
TreasOther
ury
FedTreasdeury
eral
posits Noncash
Rewith memhold- Federal ber de- serve
ings
acReposits
counts
serve
Banks
Memln*r bank
reserve Balances
Total
Excess1
(estimated)
4
5
4
5
2,564
2,564
2,564
2,564
1,804
1,804
1,804
1,804
760
760
760
760
35
23
18
14
2,604
2,592
2,588
2,583
14,565
14,577
14,615
14,640
2,800 i 6,839
2,805
6,716
2,810
6,666
2,812
6,623
2,725
2,712
2,726
2,754
891
873
800
767
436
459
435
470
258
258
256
256
8,819
8,956
9,130
9,166
3,2I»S
3,436
3,559
3,597
5
7
5
4
2,564
2,564
2,564
2,564
1,804
1,804
1,804
1,804
760
760
760
760
13
12
17
23
2,582
2,584
2,587
2,592
14,694
14,732
14,772
14,818
2,817
2,818
2,819
2,821
6,663
6,673
6,695
6,708
2,770
2,768
2.771
2,752
8§7
931
1,250
1,181
469
488
500
495
256
255
254
254
9,047
9,018
8,707
8,841
3,478
3,459
3,166
3,298
4
3
3
3
3
2,564
2,564
2,564
2,564
2,564
1,804
1,804
1,734
1,734
1,734
760
760
830
830
830
19
-3
27
5
10
2,586
2,565
2,595
2,573
2,578
14,888
14,923
14,983
15,075
15,160
2,827
2,829
2,832
2,834
2,837
6,739
6,751
6,751
6,758
6,765
2,716
2,716
2,712
2,743
2,722
1,168
1,102
1,059
1,222
1,201
484
510
552
511
505
253
253
259
258
257
8,942
8,985
9,077
8,989
9,125
3,382
3,407
3,443
3,364
3.519
3
3
3
3
2,564
2,564
2,564
2,564
1,734
1,734
1,734
1,734
830
830
830
830
17
17
23
12
2,584
2,584
2,591
2,580
15,292
15,430
15,605
15,714
2,838
2,842
2,844
2,849
6,855
6,835
6,858
6,860
2,712
2,707
2,723
2,693
1,103
1,015
951
913
470
515
509
516
257
256
256
256
9,318
9,528
9,743
9,903
3,708
3,876
3.998
4,124
3
4
4
4
4
2,564
2,564
2,564
2,564
2,564
1,734
1,734
1.734
1,734
1,734
830
830
830
830
830
4
7
8
8
4
2,572
2,575
2,576
2,576
2,573
15,801
15,856
15,892
15,927
15,957
2,851
2,854
2,857
2,859
2,862
8,915
6,904
6,913
6,893
6,967
2,691
2,678
2,683
2,646
2,636
930 1
959
927
915
920
554
521
543
558
586
9,872
255
255
9,967
255 10,005
254 10,097
253 i 10,029
4,084
4,186
4.244
4,304
4,218
June 7 „ --... „ „ _ . _ „ _ „
June 14
June 21 .
= „.. ..„„_ .
June 28
3
3
5
5
2,564
2,564
2,564
2,551
1,734
1,734
1,734
1,720
830
830
830
830
8
37
15
10
2,576
2,605
2,584
2,567
15,987
16,027
16,060
16,093
2,864
2,868
2.873
2,879
6,986
6,936
6,934
6,962
2,571
2,570
2,566
2,559
935
928
941
962
630 !
714
677
253
253
263
263
10,053
10,101
10,099
10,116
4,279
4,264
4,227
4,243
JulyS
.... ..........
July 12
July 19™..
July 26
... — .. .
5
5
5
5
2,551 1,720
2,535 1,705
2,515 1,685
2,488 1,658
830
830
830
830
13
29
17
19
2,569
2,569
2,537
2,512
16,136
16,174
16,191
16,227
2,880
2,885
2,890
2,893
7,100
7,041
7,022
7,002
2,577
2,552
2,530
2,506
820
791
764
742
678
638
634
690
257 10,151
257 ( 10,350
257 ! 10,412
257 10,436
4,292
4,447
4,485
4,48.
Aug
Aug.
Aug.
Aug.
Aug.
5
5
5
5
6'
2,453
2,443
2,423
2,423
2,426
1,623
1,613
1,592
1,592
1,594
830
830
830
830
832
18
15
25
13
16
2,476
2,462
2,453
2,441
2,448
16,248
16,270
16,335
16,501
16,638
2,895
2,897
2,900
2,903
2,905
7,054
7,070
7,091
7,098
7,141
2,370
2,354
2,366
2,334
2,327
863
844
776
724 '
709
662
597 j
565
604
608
257 10,413
256 10,509
256 i 10,633
256 i 10,829
255 ! 10,951
4,462
4.533
4,590
4,741
4,799
6
7
6
6
2,594
2,824
2,826
2,804
1,667
1,652
1,615
1,585
928
,171
,211
,219
42
42
51
36
2,643
2,873
2,883
2,846
16,726
16,808
16,902
16,925
2,908
2,911
2,915
2,914
7,261
7; 235
7,236
7,238
2,264
2,227
2,272
2,260
676
615 !
619
552
688
755
771 i
247
234
242 l
242 i
11,141
11,528
11,549
11,621
4,969
5,271
5,275
5.332
7
7
6
6
2,785
2,765
2,748
2,736
1,566 ,219
1,546 ,219
1,530 1,219
1,517 1,219
46
39
63
30
2,837
2,810
2,817
2,771
16,958
16,973
16,997
17,039
2,920
2,924
2,927 I
2,929
7,309
7,346
7,330
7,302
2,250
2,238
2,216
2,230
469
404
349
326
776
742
698
692
239 11,672
238 ! 11,739 i
241 • 11,907 i
240 11,950 !
7,352 ,
7,409
7,384
7,434
7,462
2,250
2,263
2,341
2,357
2,359
349
348
564
466
441
790
779
772
727
776
241
241
241
241
241
11,814 ' 5,376
11,749 5,354
11,587 5,166
11,619 5,171
11,620 5.135
2,391
2,398
2,411
2,417
346
753
694
646
785
719
765
678
241
240
253
255
11,617
11,288
11,378
11,493
11,721 5,271
11,830 5,377
12.020 5,502
12,148 i 5,592
12,150 5,559
Jan
Jan
Jan
Jan
4
11
18
25
. .. ...... ......... .
Feb 1
Feb. 8
Feb 15
Frb 21
Mar
Mar
Mar
Mar
Mar
.......
1
8
15
22
29
Apr. 5
Apr 12
Apr. 19
Apr 26
May 3
May 10
May 17
May 24
May 31
..—._..
...........
. -
. ..-_- .
-
. — — __..
.—
... .,.—
2
9 ...... — — _ _ — _
16
23.... ........_.....
30
. — . ...
Sept 6
Sept. 13
Sept. 20
Sept. 27
.. ....... — „
....
Oct. 4
Get. 11......
Oct. 18
Oot 25
_____„„.
781
:
5,359
5,399
5,509
5,534
6 2,721
6 2,687
6 2,649
a 2,593
8 2,552
1,502
1,468
1,439
1,403
1,362
1,219
1,219
1,210
1,191
1,191
*38
28
60
44
45
2,765
2,721
2,715
2,645
2,605
17,099
17,132
17,235
17,257
17,347
2,932
2,935
2,939
2,942
2,947
8
8
8
8
2,512
2,512
2,496
2,489
1,324
1,324
1,324
1,220
1,189
1,189
1,173
1,270
47
23
140
71
2,568
2,543
2,645
2,568
17,408
17,464
17,576
17,620
2,949
7,545
2,954 | 7,564
7,679
2,959
7,663
2,963
1940
Jan. 3
Jan. 10
Jan 17
Jan. 24 ._._—.__...—
Jan. 31
........
= ..
7
7
7
7
7
2,484
2,477
2,477
2,477
2,477
1,220
1,220
1,220
1,220
1,220
! 1,265
1,258
1,258
1,258
1,258
73
20
31
30
18
2,564
2,504
2,515
2,514
2,503
17,697
17,747
17,805
17,879
17,931
2,963
2,965
2,968
2,969
2,971
2,367
7,581
2,341
7,463
7,405 | 2,361
7,365
2,381
2,359
7,376
651
655
575
507
549
653
677
678
713
723
251
250
250
24£
248 ;
Feb. 7
.... —..._.
Feb. 14
Feb. 21
Feb. 28—
7
7
6
7
2,477
2.477
2,477
2,477
1,218
1,215
1,209
1,209
1,259
1,263
1,268
1,268
33
46
40
54
2,518
2,530
2,523
2,537
17,998
18,063
18,108
18,166
2,973
2,977
2,977
2,980
7,403
7,411
7,450
7,439
632
642
596
561
743
733
716
744
249 i 12,097 3,523
249 :1 12,151 1 3,580
248
12,241 i 3,629
248 12,318 5,689
Nov
Nov
Nov
Nov
Nov
1
8
15,,
22
29
Deo.
Deo.
Dec.
Dee.
6
13....... ._....__.....
20.0.—
27 ....... ........
. ..... ..
For footnotes see end of table, p. 394.
2,365
2,385
2,358
2,374
5,154
4,849
4,900
5,046
MEMBER BANK RESERVES AND RELATED ITEMS
393
NO. 1H-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1522-1941-Continued
[In millions of dollars]
Reaerye Bank credit outstanding
U. S. Government
securities
Date
Bills
All
disMa- Ma- other
countTotal turing turing
ed
within after
5
5
years3 years3
Total
Gold
stock
Treasury
currency
outstanding
Money
in circulation
Treas-
X
holdings
Treasury
deposits
with
Federal
Reserve
Banks
Other
FedNoneral
memReber de- serve
acposits
counts
Member bank
reserve balances
Total
Eycesa1
(estimated)
246
247
256
256
12,367
12,439
12,256
12,294
5,733
5,777
5,594
5,679
Mar.
Mar.
Mar,
Mar.
1940 ,
6
. .
13
20
27 .
3
3
2
2
2,477 1,209 1.268
2,477 ,209 1,268
2,475 ,209 1,266
2,475 ,209 1,266
35
44
42
32
2,515
2,524
2,520
2,510
18,220
18,282
18,360
18,413
2,984
2,985
2,989
2,990
7,481
7,463
7,484
7,471
2,358
2,362
2,374
2,382
536
526
707
700
731
754
791
808
Apr.
Apr,
Apr.
Apr.
3
10
17_
24
3
2
2
2
2,467
2,467
2,467
2,467
,205
,205
,205
,205
1,262
1,262
1,262
1,262
42
31
45
32
2,512
2,500
2,514
2,501
18,470
18,523
18,631
18,708
2,991
2,993
2,992
2,997
7,521
7,509
7,536
7,520
2,372
2,353
2,313
2,305
692
590
513
470
737
733
762
773
256
256
257
256
12,395
12,575
12,757
12,883
5,815
5,949
6,048
6,116
3
3
3
2
3
2,467
2,467
2,474
2,477
2,477
,205
,205
,205
,206
,206
1,262
1,262
1,269
1,271
,271
30
38
41
41
31
2,500
2,507
2,518
2,520
2,511
18,771
18,835
18,949
19,071
19,162
3,000
3,004
3,004
3,007
3,007
7,570
7,589
7,598
7,613 .
7,685
2,293
2,309
2,223 .
2,204
2,200
490
512
425
370
378
793
802
878
935
950
256
256
254
254
253
12,870
12,877
13,094
13,223
13,215
6,107
6.131
6,300
6,373
6,362
June 5
June 12.. _ .
June 19
_. ___
June 26.
..__
3
2
2
2
2,477
2,477
2,473
2,473
,206 ,271
,206 ,271
,206 ,267
,206 1,267
50
43
63
36
2,530
2,523
2,539
2,511
19,281
19,427
19,769
19,871
3,008
3,009
3,011
3,012
7,718
7,717
7,741
7,780
2,205
2,200
2,204
2,186
308
265
298
* 301
949
1,014
1,098
1,139
252
253
266
266
13,387
13,510
13.712
13,723
6.533
6,607
6.767
6,801
July 3
July 10
July 17
July 24
July 31
2
2
2
3
4
2,450,
2,450
2,450
2,450
2,448
1,202
1,202
1,202
1,202
1,202
,248
,248
,248
,248
,246
51
39
49
38
32
2,503
2,491
2,501
2,491
2,484
20,063
20,166
20,256
20,367
20,463
3,014
3,015
3,016
3,020
3,024
7,924
7,884
7,872
7,854
7,883
2,190
2,191
2,199
2,229
2,250
221
297
278
643
694
1,245
1,274
1,299
1,327
1,382
262
261
261
261
262
13,737
13,764
13,863
13.565
13,498
6,812
6,833
6,882
6,570
6,514
3
3
3
4
2,446
2,446
2,446
2,442
1,202
1,202
1,202
1,198
,244
,244
,244
,244
22
47
44
35
2,471
2,495
2,492
2,480
20,568
20,689
20,800
20,871
3,025
3,027
3,030
3,034
7,929
7,944
7,976
8,006
2,276
2,281
2,291
2,291
923
940
889
813
1,386
1,444
1,486
1,498
263
262
261
261
13,286
13.340
13,419
13,516
,325
,392
,417
,487
6
5
4
5
2,434 1,191
2,434 1,191
2,434 1,191
2,434 1,191
,243
,243
,243
,243
51
47
57
34
2,490
2,485
2,495
2,472
20,944
20,981
21,093
21,166
3,036
3,038
3,040
3,041
8,092
8,080
8,084
8,090
2,292
2,287
2,311
2,298
791
762
790
793
1,510
1,520
1,549
1,525
261
260
270
270
13,524
13,596
13,624
13.703
,494
.541
,531
,645
6
8
4
4
4
2,424
2,399
2,384
2,352
2,333
1,181
1,075
1,108
1,086
1,074
,243
,325,
,276
,266
,259
53
38
94
32
44
2,482
2,445
2,481
2,388
2,381
21,271
21,349
21,373
21,428
21,499
3,046
3,048
3,052
3,055
3,056
8,172
8,199
8,229
8,236
8,265
2,294
2,294
2,268
2,232
2,187
678
579
463
383
376
1,587
1,574
1,660
1,600
1,659
268
270
271
272
272
13.800
13,927
14,016
14,148
14.177
6,721
6,816
6,869
6.940
6,930
4
4
4
4
2,327 ,070
2,254 1,044
2,231 1,036
2,204 ,025
,258
,210
,195
,180
30
67
67
68
2,362
2,326
2,302
2,276
21,581
21,637
21,716
21,755
3,060
3,062
3,066
3,069
8,385
8,395
8,436
8.465
2,221
2,211
2,188
2,182
465
404
310
199
1,681
1,688
1,749
1,685
271
275
276
278
13,979
14,052
14,127
14,292
6,732
6,795
6.800
6,931
4
5
4
4
3
2,195
2,184
2,184
2,184
2,184
1,020
1,020
1,048
1,048,
1,048
,176
,165
,136
,136
,136
67
51
117
149
88
2,266
2,241
2,306
2,336
2,274
21,827
21,858
21,898
21,930
21,995
3,074
3,077
3,081
3,082
3,087
8,569
8,625
8,716
8,817
8,732
2,204
2,197
2,204
2,213
2,213
255
235
570
481
368
1,708
1,687
1,702
1,711
1,732
278
279
289
289
284
14,154
14,152
13,804
13,837
14,026
6,816
6,785
6,395
6,438
6,615
3
4
4
3
2,184
2,184
2,184
2,184
1,048
1,048
1,048
1,048
,136
,136
,136
,136
50
67
69
41
2,237
2,254
2,256
2,228
22,034
22,066
22,089
22,110
3,088
3,092
3,095
3,097
8,628
8,542
8,541
8,548
2,203
2,195
2,196
2,200
220
237
261
258
1,740
1,742
1,750
1,799
284
283
283
283
14,284
14,414
14.410
14,347
6,835
6,896
5,864
6,799
2
3
2
3
2,184
2,184
2,184
2,184
,048
1,048
1,048
1,048
,136
,136
,136
,136
31
74
49
36
2,217
2,260
2,235
2,223
22,122
22,130
22,140
22,179
3,099
3,100
3,102
3,101
8,627
8,665
8,688
8,725
2,212
2,222
2,222
2,204
692
622
479
368
1,784
1,837
1,785
1,751
283
283
282
282
13,842
13,871
14,021
14.175
6,306
6,331
6,440
6,542
2
1
1
1
2,184
2,184
2,184
2,184
1,048 ,136
1,048 ,136
984 1 201
984 1,201
51
59
73
35
2,237
2,244
2,259
2,221
22,237
22,318
22,335
22,359
3,103
3,106
3,104
3,108
8,805
8,811
8,826
8,842
2,192
2,196
2,208
2,230
391
421
913
906
1,772
1,748
1,721
1,788
280
280
289
288
14,136
14,211
13,741
13,633
6,435
6,483
6,103
6,011
1
5
1
2
2
955 1 230
2,184
2,184
955 1 230
2,184 1,008 1,177
2,184 1,008 1 177
2,184 1,008 1,177
59
46
100
53
48
2,244
2,235
2,286
2,239
2,234
22,384
22,413
22,421
22,482
22,506
3,110
3,113
3,116
3,118
3,122
8,944
8,993
8,989
8,992
9,071
2,251
2,272
2,269
2,299
2,283
1,045
813
534
947
865
1,704
1,741
1,763
1,808
1,830
288
287
289
289
288
13,506
13,656
13,979
13,506
13,524
5,941
6,027
6,264
5,760
5,771
May 1
May8
May 15
May 22
May 29
...
_„_
_„
Aug. 7_._
Aug. 1 4 . _ _ _ _
„ .„
Aug. 21_
Aug. 28
Sept. 4
Sept. 11
Sept. 18
Sept. 25
-
Oct. 2.
Get. 9_
Oct. 16
Ocr. 23. ,_
Oct. 30
___
._
Nov. 6 _ . _
Nov. 13.. _
Nov. 20
Nov. 27
Dec. 4
Dec. 11
Dec. 18
Dec. 2 4 _ _ _ _ _
Dec. 31.
Jan.
Jan.
Jan.
Jan.
8
15_.____
22
29.
_ _ „.
1941
„ .
Feb. 5
Feb. 1 2 _ _ _ _ _ _ .
Feb. 19.
Feb. 26
Mar. 5_._._
Mar. 12
Mar. 19
Mar. 26
Apr.
Apr.
Apr.
Apr.
Apr.
2
9.
16
23__
30.
...
_. .
„ ___.
For footnotes'see end of table, p. 394.
•
394
BANKING AND MONETARY STATISTICS
NO. 101-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
WEDNESDAY FIGURES, 1J2MMi-Continued
[In millions of dollars]
Reserve Bank credit outetanding
U. S. Government
securities
Date
Bills
All
disMa- Ma- other
countTotal turing turing
ed
within after
5
5
years' years'
1941
Total
Gold
stock
Treasury
curMoney
rency in circuoutculastandtion
ing
Treasury
cash
holdings
Member bank
Treasreaerve balance*
Other
ury
de;
I Federal
posits Nonmemwith
ReFederal ber de- serve
ExReposita
acce»*
Total
counts
serve
(estiBanks
mated)
i
7
14
21
28
1
2
2
4
2,184
2,184
2,184
2,184
1,008 1,177
1,008 1,177
1,008 ,177
1,008 .177
43
53
50
43
2,229
2,239
2,237
2,231
22,525
22,538
22,565
22,573
3,125
3,129
3,131
3,133
9,151
9,155
9,186
9,294
2,292
2,283
2,280
2,221
804
762
477
462
,905
,961
,972
,926
288
287
286
286
13,440
13,458
13,732
13,749
5,711
5,689
5,855
5,824
June 4
June 11
June 18
June 26
2
2
2
2
2,184
2,184
2,184
2,184
951 ,234
951 ,234
951 ,234
951 1,234
54
63
55
63
2,240
2,249
2.241
2,249
22,579
22,593
22,612
22,620
3,136
3,138
3,142
3,148
9,394
9,393
9,433
9,490
2,229
2,240
2,258
2,275
993
941
1,024
1,081
,852
,809
,855
,891
285
285
295
295
13,201
13,312
13,131
12,985
5.407
5,488
5,314
5,145
July 2
July 9
July 16
July 23
July 30
3
3
2
3
5
2,184
2,184
2,184
2,184
2,184
951
951
951
951
951
1,234
1,234
1,234
1,234
1,234
86
61
108
61
56
2,273
2,249
2,294
2,248
2,247
22,627
22,640
22,655
22,664
22,673
3,150
3,152
3,157
3,161
3,163
9,704
9,695
9,645
9,634
9,697
2,276
2,291
2,309
2,320
2,330
837
1,039
349
§54
921
,820
,756
,792
,759
,748
289
289
289
288
288
13,128
12,971
13,223
13,117
13,097
5,265
5,124
5,336
5,181
5,155
5
10
8
10
2,184
2,184
2,184
2,184
951 1,234
951 ,234
951 ,234
951 ,234
41
53
80
87
2,231
2,247
2,272
2,281
22,682
22,703
22,710
22,716
3,169
3,172
3,178
3,178
9,795
9,792
9,840
9,899
2,345
2,361
2,377
2,378
839
919
785
772
,865
,816
,835
,843
287
287
285
285
12,951
12,948
13,037
12,698
5,018
5,027
5,058
4,994
12
14
11
12
2,184
2,184
2,184
2,184
951
951
951
951
,234
,234
,234
,234
45
58
121
83
2,241
2,255
2,316
2,279
22,722
22,733
22,741
22,749
3,180
3,185
3,188
3.194
10,034
10,036
10,046
10,070
2,400
2,397
2,408
2,350
708
456
334
379
,834
,843
,836
,856
284
283
293
293
12,884
13,158
13,328
13,273
4,857
5,111
5,249
5,202
11
11
8
4
5
2,184
2,184
2J84
2,184
2,184
951
951
951
908
908
,234
,234
,234
,277
,277
49
70
121
103
61
2,244
2,265
2,313
2,291
2,250
22,761
22,772
22,778
22,786
22,796
3,196
3,203
3,207
3,214
3,219
10,183
10,237
10,283
10,278
10,307
2,259
2,241
2,222
2,195
2,209
309
304
259
877
915
,918
,877
,920
,800
,910
292
291
292
292
292
13,240
13,290
13,321
12,749
12,632
5,193
5,209
3,234
4,655
4,602
6
6
5
6
2,184
2,184
2,184
2,184
908
908
908
908
,277
,277
,277
,277
57
72
118
94
2,247
2,263
2,307
2,284
22,788
22,793
22,778
22,781
3,221
3,222
3,228
3,230
10,421
10,472
10,535
10,567
2,195
2,213
2,184
2,195
933
807
598
440
,821
,790
,764
,678
291
290
290
283
12,594
12,707
12,942
13,126
3.486
3,540
3,692
3,799
6 2,184
4 2,196
5 2,240
2,243
3 2,264
908
918
917
917
917
,277
,278
,322
,326
.337
100
85
188
249
104
2,289
2,286
2,433
2,499
2,361
22,770
22,774
22,747
22,750
22,737
3,233
3,236
3,238
3,244
3,247
10,717
10,834
11,023
11,224
11,160
2,180
2,185
2,163
2,165
2,215
321
157
925
908
867
.609
,614
,483
,422
,360
283
287
297
295
291
13,178
13,219
12,497
12,447
12,450
55,860
3,842
3,085
3,056
3,085
May
May
May
May
Aug.
Aug.
Aug.
Aug.
,
...
6
13 ...
20
27. .
Sept 3
Sept. 10
Sept. 17
Sept. 24
Oct. 1
Oct. 8
Oct. 15,
Oct. 22
Oct. 29.
Nov
Nov.
Nov.
Nov.
5
12
19
26
Dec.
Deo.
Dec.
Dec.
Dec.
3
10
17
24.. .
31
.
.„
.
,..
1
Figures for excess reserves not available prior to September 1931. Figures for March 1933-April 1934 are for licensed banka only; see foofcnc
5tTable 100, p. 368.
* Less than $500,000.
"Weekly figures of holdings of United States Government securities by maturities not available prior to 1937.
MEMBER BANK RESERVES AND RELATED ITEMS
395
NO, 104-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
CALL DATES, 1914-1941
[In millions of dollars]
Treas-
Reserve Bank credit outstanding
Treas-
ury
Call date i
Bills
discount-
ed
1914 — Dec. 31 (Thursday)..
10
1915— Dec. 31 (Friday)
Bills
bought
32
U.S.
Government
securities
other
Total
currency
outstand-
Treas-
ury
cash
holdings
ing
ury
de-
Nonposits memwith ber deFederal posits
Re-
Other
Federal
Member bank
reserve bala-.ees
Re-
Ex-
serve
ac-
Total'
cess2
counts
serve
Banks
1
(3)
24
Gold
stock
All
Money
in circulation
16
11
1,526
2,197
3,032
428
36
18
265
25
12
84
2,025
1,938
3,302
291
17
34
53
401
25
475
27
21
71
57
23
172
2,158
1,912
3,362
289
101
36
54
660
273
122
116
1,171
2,868
1,923
4,086
225
101
34
71
1,447
78
1918— June 29 (Saturday)..
888
Dec. 31 (Tuesday),.. 1,766
217
287
255
239
207
206
1,567
2,498
2,876
2,873
1,880
1,795
4,195
4,951
282
288
66
51
129
121
87
118
1,564
1,636
215
51
1919— June 30 (Monday)... 1,800
Dec. 31 (Wednesday) 2,215
316
574
292
300
102
203
?,511
3,292
2,826
2,707
1,709
1,707
4,590
5,091
380
385
51
31
122
101
146
208
1,758
1,890
133
68
1920— June 30 (Wednesday) 2,468
Dec. 29 (Wednesday) 2,737
385
247
341
288
150
110
3,343
3,382
2,578
2,610
1,687
1,713
5,181
5,343
234
208
25
30
65
25
280
357
1,822
1,743
-5
21
1921— Apr. 28 (Thursday).. 2,062
June 30 (Thursday). 1,751
Dee. 31 (Saturday),. 1,144
105
40
145 '
268
259
234
31
45
40
2,466
2,096
1,563
2,869
2,988
3,373
1,713
1,750
1,842
4,763
4,624
4,403
230
198
214
46
43
96
34
28
27
318
338
285
1,657
1,604
1,753
23
-28
99
1022— Mar. 10 (Saturday)..
June 30 (Friday)
Dec. 29 (Friday).,...
613
461
609
91
161
271
466
555
426
7
24
83
1,177
1,202
1,389
3,445
3,498
3,645
1,838
1,862
1,957
4,201.
4,176
4,537
214
220
226
16
33
6
37
30
28
274
283
275
1,719
1,820
1,919
56
31
68
1923—Apr. 3 (Tuesday)....
June 30 (Saturday)..
Sept. 14 (Friday)..,.
Dee, 31 (Monday)...
723
837
864
723
265
206
181
355
245
102
111
134
51
58
71
27
1,284
1,202
1,227
1,238
3,683
3,763
3,832
3,957
1,984
1,975
1,999
2,009
4,451
4,536
4,619
4,757
230
209
223
213
78
34
44
38
21
29
21
23
279
280
281
275
1,891
1,852
1,870
1,898
49
2
40
14
1924— Mar. 31 (Monday)..
juneSO (Monday)...
Oct. 10 (Friday)
Dec. 31 (Wednesday)
518
334
226
320
228
37
180
387
263
431
589
540
17
30
46
54
1,026
,041
,302
4,077
4,201
4,216
4,212
2,015
2,019
2,018
2,025
4,612
4,562
4,608
4,760
228
219
227
211
100
43
42
51
22
23
25
39
269
261
259
258
1,885
1,944
2,114
2,220
12
-30
25
59
1925— Apr. 6 (Monday)....
June 30 (Tuesday)...
Sept. 28 (Monday),.
Dec. 31 (Thursday)..
402
491
608
643
305
254
259
374
360
353
332
375
48
46
44
67
,115
,144
,243
,459
4,047
4,073
4,094
4,112
2,015
1,997
1,985
1,977
4,549
4,524
4,634
4,817
206
204
213
203
27
25
31
16
34
27
28
29
265
263
269
272
2,095
2,172
2.145
2,212
17
21
4
-44
1926— Apr. 12 (Monday)...
June 30 (Wednesday)
Dec. 31 (Friday)
525
521
637
262
249
381
363
385
315
15
39
49
,165
,194
,381
4,165
4,160
4,205
1,984
1,986
1,991
4,613
4,598
4.808
222
201
201
48
11
17
23
20
65
281
282
293
2,125
*,229
2,194
-43
3
—56
927— Mar. 23 (Wednesday)
June 30 (Thursday).
Oct. 10 (Monday)...
Dec. 31 (Saturday)..
457
443
446
582
231
211
258
392
342
370
503
617
24
58
29
64
,054
,082
,236
,655
313
4,300
4,286
4,092
1,994
2,003
2,003
2,006
4,535
4,564
4,667
4,716
199
211
206
208
6
31
17
18
23
34
31
26
298
296
302
301
2,300
2,249
2,302
2,487
80
-64
1
63
1928— Feb. 28 (Tuesday)..,
481
June 30 (Saturday).. 1,095
Get. 3 (Wednesday). 1,026
Dec. 31 (Monday)... 1,056
346
217
310
489
401
235
231
228
19
38
64
35
,247
,585
1,631
1,809
4,075
3,822
3,838
3,854
2,007
2,006
2,010
2,012
4,408
4,510
4,520
4,686
206
200
206
202
25
24
33
23
22
29
32
27
311
325
339
348
2,355
2,325
2,350
2,389
23
-20
38
-41
1929— Mar. 27 (Wednesday) 1,024
June 29 (Saturday).. 1,037
Oct. 4 (Friday)
898
Dec. 31 (Tuesday)...
632
208
82
297
392
170
216
134
511
27
65
85
48
1,429
1,400
1,414
1,583
3,887
4,037
4,087
3,997
2,012
2,019
2,010
2,022
4.380
4,459
4,552
4,578
202
204
204
216
23
36
36
29
28
28
28
30
363
374
389
393
2,332
2,356
2,301
2,355
24
23
-18
-73
1930— Mar. 27 (Thursday).
June 30 (Monday)...
Sept. 24 (Wednesday)
Dec. 31 (Wednesday;
205
272
167
251
279
128
198
364
529
591
602
729
38
27
24
29
1,051
1,018
1,373
4,137
4,248
4,219
4,306
2,022
2,025
2,026'
2.027
4,203
4,235
4,148
4,603
210
210
213
211
26
27
43
19
25
40
25
28
400
391
391
375
2,345
2,389
2,416
2,471
54
6
82
96
1931— Mar. 25(Wednesday)
June 30 (Tuesday)...
Sept. 29 (Tuesday)..
Dec. 31 (Thursday)..
165
149
325
638
83
106
423
339
599
668
750
817
11
20
34
59
1,532
1,853
858
943
4,402
4,669
4,470
4,173
2,027
2,022
2,023
2,035
4,260
4,535
4,937
5,360
211
224
225
222
51
47
37
54
24
77
134
110
384
371
364
354
2,357
2,381
2,329
1,961
33
73
130
-33
1932— June 30 (Thursday).
Sept. 30 (Friday)-...
Dec. 31 (Saturday)..
440
332
235
67
33
33
1,784
1,854
1,855
19
14
22
2,310
2,233
2,145
3,632
3,906
4,226
2,057
2,154
2,204
5,408
5,366
5,388
218
264
272
4
51
8
42
36
43
345
352
355
1,982
2,225
2,509
162
375
576
1933—June 30 (Friday)
Oct. 25 (Wednesday)
Dec. 30 (Saturday)..
164
115
48
7
1,998
2,400
2,437
10
5
2,220
2,526
2,688
4,031
4,036
4,036
2,286
2,277
2,303
5,434
5,321
5,519
264
274
35
28
166
167
346
357
2,292
2,693
2.729
475
847
360
135
233
183
189
293
232
239
241
3.186
3,840
3,996
4,096
1,235
1,732
1,762
1,814
235
325
247
255
248
261
258
253
4.563
4.979
5,685
5,587
2,196
2,414
3,003
2,844
1916— June 30 (Friday)
1917— Dec. 31 (Monday),..
831
991
284
3
98
133
1934— Mar. 5 (Monday)...
June 30 (Saturday)..
Oct. 17 (Wednesday)
Dec. ol (Monday)...
60
25
12
7
52
5
6
6
2,447
2,432
2,430
2,430
6
10
9
20
2,565
2,472
2,457
2,463
7,505
7,856
7,990
8,238
2,302
2,366
2,410
2,511
5,403
5,373
5,469
5,536
3,317
2,951
2,915
3,029
38
64
53
121
1936— Mar. 4 (Monday)...
June 29 (Saturday)..
Nov. 1 (Friday)
Dec. 31 (Tuesday)...
7
6
7
5
6
5
5
5
2,430
2,433
2,430
2,431
13
37
39
45
2,456
2,480
2,480
2,486
8,545
9,116
9,703
10,125
2,518
2,506
2,404
2,476
5,504
5,568
5,738
5,882
2,910
2,866
2,592
2,566
59
102
67
544
For footnotes see end of table, p. 396.
20
132
859
BANKING AND MONETARY STATISTICS
396
NO. 104-MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS,
CALL DATES, 1914-1941-Continued
[In millions of dollars]
Reserve Bank credit outstanding
Bills
discounted
Call date'
Bills
bought
Gold
stock
U.S.
Government
securities
All
other
Treasury
currency
out^
standing
Money
in circulation
Treasury
cash
holdings
Total
Treasury
d&.
posits
with
Federal
Reserve
Banks
Mem be
Other reserve
FedNoneral
member de- Reposits serve
acTotal
Excounts
cess >J
1
1936— Mar. 4 (Wednesday)
June 30 (Tuesday),..
Ucc. 31 (Thursday)..
6
4
3
5
3
3
2,431
2,430
2,430
34
35
64
2,475
2,473
2,500
10,167
10,608
11,258
2,506
2,40S
2,532
5,848
6,241
6,543
2,519
2,407
2,376
379
690
244
1937— Mar. 31 (Wednesday)
June 30 (Wednesday)
Deo. 31 (Friday).....
12
10
10
3
4
1
2,430
2,526
2,564
12
22
38
2,458
2,562
2,612
11,574
12,318
12,760
2,541
2,550
2,637
6,377
6,447
6,550
2,753
3,445
3,619
1938— Mar. 7 (Monday ) . . .
June 30 (Thursday).
Dec. 31 (Saturday )„.
13
8
4
2,564
2,564
2,564
16
23
33
2,594
2,596
2,601
12,768
12,963
14,512
2,669
2,713
2,798
6,363
6,461
6,856
3,577
2,303
2,706
2,564
2,551
2,804
2,484
10
22
52
102
2,578
2,579
2,863
2,593
15,160
16,110
16,938
17,644
2,837
2,881
2,918
2,963
6,765
7,047
7,307
7,598
2,722 1,201 | 505
2,563
944 " 730
2,253 ' 516 : 761
2,409
634
653
321
2t>2 1
2m
269
257
261
5,813
5,633
6,606
3,043
2, 71 7
1,984
311
93
142
236
285
407
258
260
263
6,639
6,900
7,027
865
1,212
167
S60
923
407
363
441
258
261
260
7,251)
8,02*
8,724
1,443
2,875
3,205
9,125
257
258 10,018
240 ; 11,642
251 11,653
3,519
4,140
5,334
5,209
Mar. 29(Wedn«»sday)
June 30 (Friday)....
Oct. 2 (Monday)-...
Dec. 30 (Saturday)..
3
5
6
7
1940— Mar. 26 (Tuesday).,
June 29 (Saturday),.,
Dec. 31 (Tuesday)...
2
2
3
2,475
2,466
2,184
51
63
88
2,529
2,531
2,274
18,407
19,963
21,995
2,990
7,480
7.848
3,013
3.0B7 : 8.732
2,387
2,186
2,213
702
234
368
811
1,198
1,732 !
256 12,290
261 13,781
284 i 14,026
5,671
6,857
6,615
1941— Apr. 4 (Friday)
June 30 (Monday)
Sept. 24 (Wednesday)
Dec. 31 (Wednesday)
1
2
12
3
2,184
2,184
2,184
2,254
83
81
83
104
2,268
2,267
2,279
2,361
22,405
22,624
22,749
22,737
3,111
3,149
3,194
3,247
8,978
9,612
10,070
11,160
2,266
2,275
2,350
2,215
966
980
379
867
1,735
1,831
1,856
1,360
288 13,551
290 i 13,051
293 13,273
291 12,450
5,952
5,210
5,202
3,085
1939
1
1
Dates for which calls were issued for reports of condition of national banks by the Comptroller of the Currency and for State member banks
of the Federal Keserve System by the Federal Reserve Board. Data for the May 4 and November 15 calls in 1920 not available.
2
Excess reserves have been estimated currently each day since September 1931; prior to that time the figures shown were computed frou:
data on deposits in the Member Bank Call Report, Figures are for licensed banks only March 1933-April 1934; see footnote 2f Table 100, p. 368.
3 Less than $500,000.
NO. 105-MEMBER BANK RESERVE BALANCES, REQUIRED RESERVES, EXCESS RESERVES, AND BORROWINGS,
BY CLASS OF BANK, MONTHLY, 1929-1941 l
[Monthly averages of daily figures.
1029
1930
1931
1932
In millions of dollars]
1933
1934
1935
1936
1937
; 193S
1939
1940
1941
All member banks
January
, ._
February , „ . . „ . „ . „ „ , „ „ . .
March
,«,_..
April
May
June
July
August
September
October
November
December
2,387
2,357
2,337
2,308
2,296
2,314
2,334
2,322
2,335
2,386
2,521
2.395
2,349
2,305
2,330
2,350
2,356
2,392
2,417
2,392
2,397
2,407
2,433
2,415
2,433
2,370
2,386
2,376
2,387
2,404
2,407
2,345
2,333
2,256
2,118
2,069
1,979
1,907
1,899
1,996
2,138
2,062
2,003
2,073
2,181
2,307
2,378
2,435
2,516
2,291
1,847
2,040
2,069
2,160
2,221
2,331
2,451
2,557
2,599
2,588
2,740
2,799
3,345
3,582
3,695
3,790
3,928
4,045
3,047
3,964
4,100
4,037
4,355
4,601
4,452
4,436
4,7?S
4,979
4,970
5,232
5,243
5,469
5,757
5,716
5,780
5,808
5,420
5,300
5,638
5,484
5,861
6,181
0,345
6,594
6,785
6,665
6,716
6,747
S,704
8,824
8,932
6,878
Q,845
0,701
0,854
B,954
8,019
6,879
7,183
7,230
7,326
7,469
7,587
7,878
8,167
8,119
8,196
8,546
8,727
8,745
9,029
8,925
9,021
9,624
9,997
10,085
10,321
10,659
11,443
11,862
11,688
11,473
Reouired reserves '--January
February
March
April.._.....™.. ,..„....
May
Juno „ . „ _ „ , „ . „ „
„„_
July
August
September _ . . _ _ . ,..._.
October
November
December , . . „ „ „ . , . , „ . , _ _ > _ _
2,333
2,312
2,296
2,272
2,263
2,275
2,291
2,2S7
2,300
2,343
2,456
2,347
2,305
2,253
2,274
2,307
2,311
2,338
2,343
2,340
2,338
2,347
2,381
2,342
2,329
2,314
2,319
2,320
2,320
2,275
2,283
2,245
2,212
2,126
2,061
2,010
,944
,864
,840
,844
,861
,827
,798
,803
,836
,872
,896
1,909
,932
,S74
2
,661
,750
,797
,785
,765
1,777
1,798
1,805
1,822
1,875
1,908
1,970
2,041
2,071
2,105
2,139
2,161
2,192
2,234
2,266
2,290
2,320
2,365
2,388
2,411
2,481
2,541
2,585
2,506
2,615
2,649
2,696
2,733
2,747
2,770
2,767
2,790
2,838
2,891
2,953
3,723
4,493
4,551
4,566
4,619
4,622
4,595
5,333
,271
,005
,002
,069
,951
5,954
5,911
5,815
3,808
5,829
5,824
5,802
5,398
5,082
5,116
5,141
5,164
5,276
5,403
5,451
5,520
5,545
5,552
5,588
5,698
5,785
5,840
5,919
6,052
6,246
6,372
6,428
6,462
6,521
6,389
6,62i
6,700
6,768
6,900
6,983
7, Oill
7,062
7,178
7,300
7,403
7,508
7,374
7,675
7,718
7,819
7,850
7,927
7,087
8,068
8,096
9,288
9,422
53
46
41
36
33
42
42
36
34
42
65
43
44
53
56
42
45
54
74
52
59
59
52
73
105
57
66
56
67
129
124
101
120
129
57
60
35
44
59
152
277
234
204
270
345
436
482
526
584
417
C2)
379
319
363
436
565
675
758
794
766
866
§91
,375
,541
,623
,685
,789
,884
,754
,731
,834
,748
2,035
2,237
2,065
2,026
2,297
2,438
2,385
2,636
2,628
2,820 1
3,061
2,983
3,033
3,038
2,653
2,510
2,800
2,593
2,907
2,458
1,852
2,043
2,219
2,046
2,093
2,152
1,371
1,552
927
876876
750
900
1,043
1,104
1,071
1,353
1,406
1,524
2,071
2,525
2,762
3,026
2,955
2,920
3,143
3,276
3,226
3,484
3,373
3,432
3,926
4,212
4,246
4,402
4,607
5.198
5,490
5,259
5,011
5,464
5,626
5,734
6,003
6,288
6,696
6,752
6,407
6,582
6,864
6,830
6,646
6,832
6,422
6,304
5,883
5,831
5,351
5,193
5,017
5,116
5,001
3,611
3,390
Total reserves—
Kxeess reserves
j
January
February
March
April
May
„_., _ _ „ „ „ „„.,
June ,^
„„.,.
July
August
September. . ..._.,.,.,_„.„
October
November
December. = „ ., _ „. _ „ _
For footnotes see end of table, p. 399.
C)
11,985 14,339
12,215 13,996
12.3U2 i 13,979
12,703 13,600
13,086 13,650
33,596 13,201
13,735 13,120
13,408 13,004
13,643 13,184
14,043 13,097
14,131 12,900
14,049 12,812
MEMBER BANK RESERVES AND RELATED ITEMS
397
NO. 105-MEMBER BANK RESERVE BALANCES, REQUIRED RESERVES, EXCESS RESERVES, AND BORROWINGS,
BY CLASS OF BANK, MONTHLY, 1929-1941 '-Continued
(Monthly averages of daily figures.
1929
1930
1931
In millions of dollars]
1934
1933
1932
1935
1936
1937
1938
1939
1940
1941
All member banks— Continued
Borrowings'—
January
February
March
April
.
844
875
956
990
951
974
1,090
1,040
961
878
950
801
...
May
June
July
August
September
October
November
December
498
378
272
231
245
250
223
214
188
196
220
337
252
216
176
154
163
187
169
222
280
608
684
763
817
836
706
599
484
494
522
450
386
327
312
281
254
306
881
323
253
184
_I3
116
103
91
90
95
85
54
41
31
26
22
18
16
18
11
10
10
8
6
6
6
7
7
7
7
10
8
7
6
6
7
6
5
5
6
3
6
7
6
6
7
3
3
6
10
16
15
13
17
24
22
19
16
11
10
10
11
8
9
8
7
8
8
7
7
5
5
3
Central reserve city banks— New York City
763
759
758
748
746
762
764
753
763
802
944
838
795
770
783
788
797
822
833
818
824
845
865
869
891
847
860
829
848
882
887
843
864
848
774
766
724
681
687
780
874
783
767
832
927
1,001
1,050
1,083
1,109
860
688
867
878
861
796
837
896
893
866
828
897
872
1,227
1,290
1,323
1,391
1,393
1,509
1,440
1,461
1,506
1,468
1,651
1,864
1,760
1,715
1,813
1,969
1,938
2,306
2,320
2,460
2,563
2,541
2,593
2,579
2,271
2,163
2,384
2,183
2,279
2,502
2,462
2,574
2,695
2,662
2,719
2,812
2,652
2,739
2,685
2,669
2,652
2,522
2,672
2,767
2,720
2,657
2,856
2,906
3,039
3,150
3,204
3,341
3,545
3,523
3,669
3,939
4,075
4,139
4,409
4,482
4,472
4,889
5,094
5,049
5, 195
5,366
5,806
5,958
5,759
5,623
6,099
6,323
6,428
6,548
6,660
6,941
6,979
6,709
6,705
6,889
6,975
6,997
7,13/5
6,807
6,924
6,518
6,243
5,958
5,875
5,600
5,554
5,314
5,053
5,142
752
749
750
744
740
755
752
748
756
789
909
820
787
754
768
785
791
814
807
813
810
828
855
843
840
836
841
822
833
810
826
809
810
795
764
747
719
674
669
692
719
694
692
704
733
760
783
800
822
786
( 2)
717
772
792
752
735
741
744
736
732
750
754
794
835
838
858
867
871
878
893
902
912
935
965
981
992
1,015
1,054
1,071
1,092
1,142
1,151
1,170
1,191
,197
,219
,215
,223
,250
,276
,276
,599
,927
,935
,944
,964
1,953
1,944
2,250
2,209
2,481
2,493
2,453
2,414
2,437
2,413
2,347
2,351
2,394
2,406
2,407
2,266
2,140
2,187
2,193
2,203
2,287
2,350
2,363
2,404
2,413
2,436
2,485
2,587
2,629
2,655
2,691
2,779
2,923
2,984
3,005
3,012
3,054
3,123
3,180
3,237
3,271
3,347
3,392
3,365
3,380
3,424
3,482
3,554
3,630
3,641
3,721
3,706
3,728
3,721
3,725
3,701
3,719
3,687
4,108
4,153
June
... ...
July
August. _ _ _ _ _ _ _ _
September
October
November
December
11
10
8
4
6
7
12
5
7
13
35
. 18
8
16
15
4
5
8
26
5
15
16
10
26
51
12
19
7
16
71
61
34
54
52
11
18
4
7
18
88
155
89
75
128
193
242
267
283
286
74
(2)
150
106
69
43
102
155
149
130
96
147
118
432
455
485
532
526
638
562
568
604
556
716
899
779
723
798
915
868
,214
,177
,309
,393
,350
,395
,360
,056
940
1,134
908
1,004
903
535
639
751
697
767
868
401
530
203
176
199
108
235
354
373
305
461
499
631
884
1,065
1,153
1,352
1,320
1,382
1,589
1,712
1,734
1,996
2,0471,986
2,302
2,465
2,394
2,504
2,587
2,943
2,974
2,753
2,611
3,045
3,199
3,248
3,312
3,389
3,594
3,588
3,344
3,324
3,465
3,493
3,395
3,505
3,166
3,203
2,812
2,514
2,238
2,150
1,898
1,834
1,626
945
939
February
March
April
A/lay
June
July
August
September
October
November
December
Total reserves-—
165
141
155
185
157
174
329
230
166
95
79
108
62
28
22
26
29
28
9
21
14
14
11
41
19
17
13
17
12
4
2
14
13
82
27
45
47
29
7
1
1
9
367
22
1
1
2
2
1
1
1
3
2
3
6
12
9
3
780
673
68 1
794
878
893
848
923
1,009
1,112
1,115
1,141
940
901
899
972
,097
,182
,168
,154
,234
,279
1,218
1,142
January. __.
February
March
April
May
...
June
July
August
September
October
November
December _ _
Required reserves—-January
__„
February
March
.
April
May.. _ _ _ _ _ _
June
July
August
September
October ...
November
December...
Kxcess reserves—
January
February
March...
April
..
._
._.
....
...
... .
.__ . , , .
_.._....
....
May
1
1
1
1
3
1
1
1
1
1
3
3
1
1
1
Central reserve city banks — Chicago
Total reserves—
January
February
March
April
May
... ...
June
July
August
September.. ...
October _ _
._,
November
December
For footnotes see end of table, p. 399.
..
174
173
166
162
161
161
165
173
171
177
177
171
167
164
169
172
173
175
180
181
180
179
183
184
180
177
170
170
174
169
174
183
181
167
157
154
143
138
136
144
186
189
164
185
201
253
270
286
306
295
158
172
177
211
245
295
340
386
387
361
328
335
342
372
395
419
496
501
502
457
484
445
454
393
360
427
606
681
586
490
484
541
614
608
495
487
463
506
636
682
653
576
619
637
651
605
568
546
533
563
589
603
581
568
576
581
588
599
604
598
574
622
794
899
925
875
861
884
888
898
1,051
1,033
931
966
1,144
1,144
1,120
1,140
1,218
1,243
1,210
1,143
BANKING AND MONETARY STATISTICS
398
N0.1
! BANK RESERVE BALANCES, REQUIRED RESERVES, EXCESS RESERVES, AND BORROWINGS,
BY CLASS OF BANK, MONTHLY, 1IH-1M1 '-Continued
[Monthly averages of daily figures. In millions of dollars]
1929
Required reserves —January
February
March
_„. ......
April...................
May
;...
......
une
July
August
September
October
November
December
Excess reserves—
Borrowings—
~
Total reserves—
January _ „
__„
February
Match...,
April
May ..
June
July..
August., ....„«,_September .
October
„ „._„._..
November
„ .,
December
January
February
March.
April
May
Juno
July
August
September
October
November
December....
Excess reserves—
Borrowings™*
January ...
February. .
March
April
May
June
July
August.
.,
September
October
November
December
_
. ._„.
..
... ..
._
January
February
March
April
May
June
July
A ugust
September
October
No ve mb 6r
December
_ ...
For footnotes see opposite page.
1931
1932
1933 1934
173
172
165
161
161
161
165
172
171
177
176
170
165
162
167
171
172
173
179
179
177
177
181
181
177
176
168
169
172
166
166
167
164
156
155
148
141
136
131
122
124
126
111
113
115
121
123
124
1
1
1
1
2
2
2
2
•1
2
1
2
3
2
2
3
3
1
2
2
2
3
7
16
17
11
2
6
2
2
5
23
62
63
52
72
86
132
148
163
1
1
1
1
1
1935
1938 ! 1939
1936 1937
1940
1941
Central reserve city banks— Chicago
129
156
203
421
257
126
163
208
261
418
163
202
254
480
0)
114
165
244
461
195
124
177
259
538
216
133
182
226
268
533
144
285
189
233
529
143
194
353
534
231
143
198
424
238
533
147
202
244
522
431
204
255
149
430
519
149
205
255
430
519
518
519
522
475
473
495
501
496
500
509
514
521
520
510
502
495
518
532
543
561
579
595
598
601 i
593
603
589
584
620
634
646
650
664
66ft
147
128
54
101
51
70
52
34
43
59
69
80
86
78
52
146
321
404
424
379
361
375
374
376
260
164
179
299
360
362
305
363
430
518
516
540
342
301
31C
178
169
(3)
58
53
78
102
152
197
239
238
211
63
82
119
39
37
63
48
29
20
32
27
34
10
3
1
3
1
1
2
1
1
2
1
1
1
4
2
9
793
779
770
763
760
761
764
759
759
766
771
76.6
....
January
February
March.
April
May
June
July,
August
September.
October
November
December
Required reserves—January _ _ _ _ .
February
March
April.. „
May,
„
June,.
July
August _.«,
September
October
November
December
..
1930
767
755
759
767
768
776
790
785
784
778
788
772
776
768
775
792
786
780
776
760
737
704
675
653
ti24
815
612
605
614
630
617
612
611
609
617
625
659
694
594
570
595
648
691
699
716
749
794
832
781
768
761
752
751
749
755
751
753
758
761
757
755
742
745
756
752
758
769
766
768
762
769
756
756
751
758
773
765
756
751
740
718
676
658
642
625
606
599
592
584
582
578
576
577
581
583
581
582
572
(')
499
516
528
539
538
541
550
557
571
12
11
9
10
9
12
9
9
6
7
9
9
12
13
13
12
15
18
21
19
16
15
18
15
20
17
17
18
22
24
26
20
19
28
17
11
-1
9
13
13
30
48
39
37
33
29
34
44
77
122
79
120
151
160
174
199
237
261
356
392
423
484
446
409
399
461
494
481
511
348
189
138
73
42
44
44
36
27
28
38
51
103
67
46
27
18
24
42
38
59
99
274
343
355
374
404
315
239
153
158
175
136
107
91
89
63
57
97
265
132
102
58
18
23
14
13
13
15
5
3
2
1
1
6
6
5
4
2
171
173
179
207
217
237
308
308
304
255
280
239
250
185
158
232
389
455
352
258
246
297
359
353
239
226
208
262
377
414
369
223
195
205
221
175
era
660
388
477
54?
522
499
570
616
546
438
670
686
670
671
710
720
732
738
740
731
843
848
381
347
252
295
434
424
388
403
478
512
367
295
.„_
i
23
_
.......
. „
.
I,
!
...„.,.
........
*
i[
i
(
3
Reserve city
893 1,383
936 1,433
,080 1,427
,164 1,403
,204 1,425
,213 1,411
,229 1,486
1,217 1,500
1,190 1,539
1,210 1,560
1,262 1,639
1,282 1,631
banks
,714
,745
,708
,675
,657
,664
,886
,954
2,046
2,153
2,185
2,157
2,158
2,128
2,203
2,201
2,272
2,230
2,252
2,248
2,232
2,240
2,246
2,272
2,345
2,350
2,349
2,348
2,311
2,359
2,396
2,402
2,352
2,407
2,426
2,387
2,474
2,405
2,475
2,544
2,630
2,728
2,827
2,883
3,009
3,203
3,229
3,140
3,319
3,344
3,368
3,476
3,615
3,716
3,837
3,804
3,905
4,024
4,080
4,096
,240
,258
,197
,204
,298
,184
,198
,287
4,335
4,391
4,424
4,317
588
600
613
634
643
651
663
673
685
699
712
721
726
732
743
757
776
787
801
802
806
822
837
851
862
860
863
879
879
890
925
1,174
1,422
1,457
1,461
1,482
,496
,477
,715
,710
,956
,941
1,950
1,962
1,943
1,933
3,913
1,906
1,894
1,882
1,867
1,739
1,622
,612
,628
,641
,654
,694
,716
,729
1,740
1,736
1,734
1,750
,772
,784
,814
,837
,862
,908
1,935
1,953
1,968
1,966
1,963
1,982
2,008
2,013
2,033
2,056
2,084
2,136
2,185
2,208
2,225
2,255
2,274
2,319
2,349
2,364
2,409
2,462
2,500
2,546
2,969
3,014
305
336
467
530
561
563
566
544
505
511
550
561
658
701
684
646
649
624
685
698
734
738
803
780
852
885
846
796
778
775
961
780
624
696
724
675
662
651
488
490
316
289
301
287
289
307
333
366
451
468
481
609
689
747
767
762
698
712
710
658
734
669
741
794
858
944
,013
,046
,147
,295
,294
.188
1,350
,378
,405
,494
,607
,703
,803
,748
,821
,888
,895
,887
2,016
2,004
,923
,885
,949
,820
,789
,824
,836
,845
,456
,303
10
4
3
1
1
1
1
1
I
2
3
2
1
2
3
3
3
3
1
1
1
1
1
"
......... ........
MEMBER BANK RESERVES AND RELATED ITEMS
399
NO. 105—MEMBER BANK RESERVE BALANCES, REQUIRED RESERVES, EXCESS RESERVES, AND BORROWINGS,
BY CLASS OF BANK, MONTHLY, 1929-1941 '—Continued
[Monthly averages of daily figures. In millions of dollars]
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
Country banks
442
622
978 1,271 1,378 1,366 1,628
488
,913
867
587
621
657
January - .
-__..
441
998
473
912
,261 1,377 1,364 1,646
578
656
618
,898
647
February
407
978 1,315 1,365 1,393 1,668
905
642
580
696
620
465
,928
March
_-„
,321 1,350 1,397 1,706
956
,912
890
431
585
756
621
466
635
A.pril
418
961
,386 1,278 1,395 1,714
464
,965
935
578
773
619
630
May
.
441
767
954
,377 1,280 1,415 1,757
918
632
573
618
459
,914
June
960 1,042 1,360 1,302 1,451 1,751
489
570
810
615
455
,927
640
July
..
444
937 1,149 1,362 1,319 1,486 1,740
501
817
608
,978
637
559
August
551
900 1,218 1,375 1,314 1,559 1,800 2,070
499
814
608
443
641
September
444
908 1,230 1,366 1,317 1,588 1,851 2,149
529
536
837
605
641
October
553
441
941 1,254 1,365 1,338 1,585 1,858 2,213
512
849
597
630
November .
567
440
935 1,241 1,352 1,322 1,568 1,815 2,210
504
843
590
619
December
399
431
753 1,023
871
598
983
455
901
556
380
459
627
Required reserves— January
390
392
431
756 1,016
870
448
992
461
899
595
551
623
February
2
399
888 1,006
867
,002
461
552
435
897
594
441
619
March ...
( )
332
444
890
866
,021
466
918
556
406
897
596
438
614
April
827
450
866
,032
474
612
337
413
,029
899
596
433
551
May
-.344
458
868
475
821
542
414
,035
906
592
426
,045
610
June
467
,036
871
912
480
819
350
420
417
,061
539
589
619
July
,086
,041
824
596
876
924
529
471
349
424
583
410
616
August
720
,042
882
934
,108
521
431
429
835
351
583
410
620
September
357
728
,042
885
949
,131
441
432
850
580
410
619
499
October
,036
889
962
435
858
363
448
731
408
,369
610
November
485
575
742
,032
897
974
451
436
865
370
473
562
404
,403
600
December
242
547
495
727
930
31
412
355
43
518
23
29
29
Excess reserves — January
52
567
505
494
747
906
451
361
27
263
23
25
24
February .
359
771
543
428
526
24
927
443
March
28
297
26
23
(2)
424
431
432
512
531
809
28
891
21
100
28
350
25
April
451
511
357
529
815
23
30
933
461
81
28
360
May
18
443
459
851
96
353
496
341
546
34
870
22
30
25
June
.
863
483
140
390
675
324
581
839
38
31
480
21
26
July
.
..
552
321
816
892
495
151
393
611
33
31
465
21
August ,
26
498
678
866
32
968
471
479
148
383
333
25
21
September
30
902 1,017
502
704
34
476
467
171
37
396
323
21
October
_____ .
26
696
897
34
844
401
506
480
190
27
523
328
22
20
November
457
671
840
804
197
31
392
498
319
28
36
499
19
December
._„._. .
2
5
7
10
198
166
74
5
237
391
Borrowings—^
January
260
7
3
5
6
10
200
February
153
50
210
399
261
5
4
3
6
9
226
March
136
37
176
381
259
10
170
5
7
160
357
6
282
119
29
April
8
150
5
10
172
329
7
311
126
25
May
7
9
126
21
5
178
330
11
327
139
June
7
S
95
128
18
3
9
178
339
July
314
6
6
91
148
16
5
9
166
308
320
August
5
6
144
274
7
281
85
September
167
16
9
7
77
4
10
144
234
6
October
248
10
269
7
77
5
13
223
311
6
332
November
9
158
13
7
312
79
354
6
193
218
6
December
9
1
Total reserves of all member banks for March 1933-April 1934 in this table differ from total reserves in Table 101 because Table 101 includes
reserves of licensed and unlicensed banks while this table includes licensed banks only. For March 1933-April 1934 required and excess reserves in
this 2
table and excess reserves in Tables 100-104 are for licensed banks only; see footnote 2, p. 368.
Not available.
NOTE.—Similar data by Federal Reserve districts are available in Part II, Table 318,
Total reserves —-
NO. 106-MEMBER BANK BORROWINGS AT FEDERAL RESERVE 1 BANKS,
BY SELECTED GROUPS OF BANKS, MONTHLY, 1919-1934
[Monthly averages of weekly figures. In millions of dollars]
All
member
banks
Year and month
1919— January
February
March
April
May
June
July
August
September..
October ....
November
Deftpxnfaer
,
Weekly reporting
member banks in —
100 other
New York leading
City
cities
1,710
1,807
1,885
1,927
1,980
1,836
1,882
1,803
1,783
2,084
2,167
2,109
2,148
2.327
2,372
2,438
2,519
:
2,454
2,512
July
2,307
August
2,658
September
October
2,766
2,755
December
2,708
For footnote see end of table, p. 400.
1920—January
February
March . ..
April
May
Other
member
banks
All
member
banks
Year and month
525
619
597
504
588
486
595
547
506
651
705
639
781
780
852
939
909
875
859
847
877
1,009
1,060
1,101
404
408
436
484
483
475
428
409
400
424
402
369
1921— January
February
March
April
May
June
July
August
September _
October
November
December
687
745
724
640
638
621
690
771
778
837
845
803
1,116
1,274
1,330
1,430
1,446
1,361
1,315
1,301
1,338
1,386
1,355
1,328
345
308
318
368
435
472
507
535
542
543
555
577
1 922 — January
February
March
April
May
June
July
August
September
October
November.
December
. .-
. _
Weekly reporting
member banks in100 other
New York leading
City
cities
Other
member
banks
2,499
2,400
2,305
2,130
,954
,811
,710
,529
,432
,360
,218
,182
781
821
701
539
465
336
309
263
188
177
127
143
1,165
1,058
1.091
1,062
955
931
858
732
720
877
598
554
553
523
513
529
534
544
543
534
528
506
495
485
938
792
637
563
482
431
438
392
409
485
629
653
92
71
21
23
15
19
52
20
24
72
122
113
422
303
243
191
146
111
99
98
121
168
254
279
452
418
373
349
321
301
287
278
264
245
253
201
400
BANKING AND MONETARY STATISTICS
NO. 106-MEMBER BANK BORROWINGS AT FEDERAL RESERVE BANKS,
BY SELECTED GROUPS OF BANKS, MONTHLY, 1919~1»34'-Continiied
[Monthly averages of weekly figures. In millions of dollars]
Year and month
All
member
banks
Weekly reporting
member banks in —
New York 100 other
leading
City
cities
Other
member
banks
1923=-January, , . . _ . _ _ „ .
Febr \iary. „.„._„„_'„
Marclu._»-,..... ...
April.. ...... ....._...
May „.._.„.,.,..„...
June.....-,-.,.-.....
July........ ..........
August- -»-....-.-..- _
September. „..._.. .
October. ...._.._..
No vember... „-..„..
December. „- ......
564
612
629
650
711
737
836
805
832
865
787
779
151
183
144
123
119
106
143
135
125
121
76
77 !
192
219
273
297
336
360
409
380
419
464
429
425
221
210
212
230
256
271
284
290
288
280
282
277
1 924— January „ _ _ . „ . . . „ „ _
February, . .,
March
April- -..„_., = ....„.
May____ , „ _ _ _ „ '•
June... _ „ - . „ _ _ _ _ _ „
July...............
August-....,- _..,.
September,.......,.October „.-.,„
November. --..__..
December.... ....
600
515
471
490
424
370
314
266
270
248
227
204
85
81
36
45
22
6
13
8
22
28
15
35
262
204
208
213
164
125
75
54
61
58
59
110
253
230
227
232
238
239
226
204
187
162
153
149
1925---* January
February. „ _ . . _ _ _ . _
Mareh.^-. ,--..._. „
April.. „._...
May...... -.,.„_.„
June...............
July........... ........
August., „ _ _ . . . _ _ _ „ . ,
September,, .„„..,„.
October „......._.„.
November....
December ,. „.„.-„.
242
347
372
389
365
421
455
545
587
613
593
683
32
124
109
67
57
79
76
124
146
124
98
137
76
93
126
162
134
158
188
227
258
313
313
354
134
130
137
160
174
184
191
194
183
176
182
192
1 926™January
February _.._., _-_.,_
March,,. „ ...„-April..... ..„--....
May........... ...
June.,. _ „ _ _ _ „ _ _ _ „ _
July................
A\ig\istn = ..^ = .
September.---. „_
October.. _...„. ,„.
November...........
December „ - . „ _ . _ „ _
493
518
555
521
491
465
533
551
637
637
613
648
75
128
94
90
82
55
117
111
128
84
71
100
242
223
278
238
208
197
198
224
299
356
351
348
176
167
183
193
201
213
218
216
210
197
191
200
1 92 7— -Ja nuar y
February. _ . . . , _ _ _ _ „
March.. , _ _ „ .„
April. „....„.. ...
May -_....„„„..._.,
June............. _ _ „
July............._._
August., „„__„.,„
September _ « , _ _ „ '
October -„._-.
November. ._„_....
December., _ „ _ . _ _ _
476
392
419
422
459
435
434
413
417
428
420
532
76
60
73
78
90
51
59
74
90
75
73
127
223
173
195
192
212
217
212
182
176
208
203
261
177
159
151
152
157
167
163
157
151
145
144
144
439
463
489
637
826
1,012
1,079
1,045
1,064
960
901
1,039
94
78
75
145
222
271
274
223
266
202
157
221
220
260
287
343
422
525
583
556
534
524
578
125
125
127
149
182
216
225
'239
242
224
220
240
891
893
976
987
950
972
1,100
1,013
974
885
944
755
190
131
166
162
145
165
319
196
166
74
60
80
473
528
574
563
516
505
482
521
540
561
594
410
228
234
236
262
289
302
299
296
268
250
290
265
1928 -January „ „._.,._..._
March. - - . _ „ „ „
April
May
June
July
August
October .....
November
December
1929— January
March
April,
May
June
Julv
„.„_.. „
«,„„
September „
October
November. ,__ '
December.. ........
ago
All
member
banks
Year and month
October
_.,
February . _„
April
May
June
July
September _ _ _ „
December _„__«,
1932— January
July
August. _ .
September
October
November
December. ...,
1033 —January
February
March
208
152
80
54
48
48
53
39
35
50
05
us
;
5
2
416
May
October
December
1934—January
Mav
July
...
354
355
339
313
293
209
308
2S4
252
221
213
205
64
95
317
154
124
62
25
31
23
21
24
26
189
ISO
297
24ft
212
174
144
127
112
97
90
§9
124
;
324 j
ass
34
23
3
98
68
55
43
35
28
24
231
23
i*>
19
9
March
103
152
138
120
121
125
124
139
156
227
280
316
435
461 j
365
277
185
191 i
212
164 !
128
103
99
75
3
3
74
16
S3
233 !
284
306 i
920
417
17
3§6 i
2?6
169
158
135
118 f
114 | * **
i
115
July
216
108
166
154
167
169
165
154
142
137
140
107
77
55
35
25 •
28 i
56 '
44
72 i
4
9
6
6
26
S23
S39
707
590
478
490
520
448
330 i
324
312
280
March
April .
May
October
November
December
!
39 ]
21 !'
1
17
11
5
245
209
173
146
149
281
1168
314
283
025
684
815
„
Other
;ncmbcr
banks
i
New York 100 other
City | aeading
cities
463
371
247
225
226
222
218
197
186
193 '
211
308
March _ „ _ _ _ . _ _
April
Mav
June
July .
August
December
Weekly reporting
member banks in-
I
„
!
|
20 i
11 1
9 t
I
78
57
46
36
29
23
IS
13
16
11
17
8
G
5 i
6
5
6 '
•
•'
1
!!
1
i Since 1934 member bank borrowings at Federal Reserve Hanks
have been negligible.
NO. 107-MEMBER BANK RESERVE REQUIREMENTS,
JUNE 21, 1917— DECEMBER 31, 1941
.
Class of deposits
and bank
On net demand deposits:
Central reserve city
Reserve city..-- -_
On time deposits:
All member banks,.
[Per cent of deposits!
1
1
:
'
June 21, Aug. 16 Mar. 1, Muyl, Apr. 16, Nov. 1,
1917— 1938 — 1937- • :\ 1937- i 1*J38 • -i Mi U Aug. 15, Feb. 28 Apr. 30, i Apr. hVOct. ;n,'!l)i>;.?.3S,
1936 1937 1 1U37 j 1938 j 1041 j 3»41
'!
13
10
7
19H
15
10H
3
m
22?-f
26 ' 22?iC
Vl /i
14
171/2 1
l
l*|
20 f m8J
12
2Q
< a
'.!. _._•.
401
MEMBER BANK RESERVES AND RELATED ITEMS
NO. 108-CHANGES IN CENTRAL RESERVE AND RESERVE CITY DESIGNATIONS, 1914-1941
DESIGNATIONS IN EFFECT OCTOBER 21,1914
Central reserve cities
New York
Albany
Atlanta
Baltimore
Boston 1
Brooklyn
Cedar Rapide
Cincinnati
Cleveland
Columbus, Ohio
Dallas
Denver
Des Moines
St. Louis
Chicago
Reserve cities
Detroit
Dubuque
Fort Worth
Galveston
Houston
Indianapolis
Kansas City, Kansas
Kansas City, Missouri
Lincoln
Los Angeles
Louisville
Milwaukee
Minneapolis
Muskogee
New Orleans
Oklahoma City
Omaha
Philadelphia
Pittsburgh
Portland, Oregon
Pueblo
Richmond
St. Joseph
St. Paul
Salt Lake City
San Antonio
San Francisco
Savannah
Seattle
Sioux City 2
South Omaha
Spokane
Taeoma
Topeka
Waco
Washington
Wichita
SUBSEQUENT CHANGES IN DESIGNATIONS
Reserve cities designated by the Board at the request of member banks located therein:
Birmingham
November 12, 1914
Nashville
Charleston
November 12, 1914
Tulsa
Chattanooga
March 5, 1915
Ogden
Reserve cities designated by the Board at its own initiative because of size and importance of
Buffalo
January 1, 1918
Grand Rapids
Oakland
January 1, 1918
Peoria
Memphis
January 1, 1918
Toledo
March 22, 1915
January 9, 1917
July 11, 1917
cities:
January 1, 1918
January 1, 1918
January 1, 1918
Reserve cities designated by the Board because Federal Reserve bank branches were located therein:
Jacksonville
August 1, 1918
Little Rock
January 6, 1919
El Paso
December 2, 1918
Helena
February 1, 1921
Charlotte
December 1, 1927
Change from central reserve city to reserve city designation made at the request of member banks concerned:
St. Louis
July 1, 1922
Terminations of reserve city designations made at the request of member banks concerned:
Chattanooga
August 1, 1922
Albany
Charleston
March 1, 1923
Muskogee
Taeoma
November 1, 1923
Oakland
July 1, 1929
March 15, 1930
February 1, 1940
DESIGNATIONS IN EFFECT DECEMBER 11,1941
New York
Atlanta
Baltimore
Birmingham
Boston
Buffalo
Cedar Rapids
Charlotte
Cincinnati
Cleveland
Columbus, Ohio
Dallas
Denver
Detroit
Des Moines
Dubuque
Central reserve cities1
Reserve cities1
El Paso
Fort Worth
Galveston
Grand Rapids
Helena
Houston
Indianapolis
Jacksonville
Kansas City, Kansas
Kansas City, Missouri
Lincoln
Little Rock
Los Angeles
Louisville
Memphis
Chicago
Milwaukee
Minneapolis
Nashville
New Orleans
Ogden
Oklahoma City
Omaha
Philadelphia
Peoria
Pittsburgh
Portland, Oregon
Pueblo
Richmond
St. Joseph
St. Louis
St. Paul
Salt Lake City
San Antonio
San Francisco
Savannah
Seattle
Sioux City
Spokane
Toledo
Topeka
Tulsa
Waco
Washington
Wichita
1
Up to December 1917 the Borough of Brooklyn (of New York City) was classified as a reserve city, and member banks in the boroughs of
Queens and Richmond were classified as country banks (banks not located in central reserve or reserve cities). In December 1917 the Comptroller
of the Currency notified national banks in these boroughs that under the provisions of the Federal Reserve Act member banks located in any of
the boroughs of the City of New York were subject to the reserve requirements applicable to central reserve city banks. Following the passage
of the September 26, 1918 amendment to Section 19 of the Federal Reserve Act, the Federal Reserve Board decided that member banks in the
boroughs of Brooklyn and Bronx should be subject to the reserve requirements applicable to reserve city banks and those in the boroughs of
Queens and Richmond to the reserve requirements applicable to country banks. However, if any of such banks has a branch in the Borough of
Manhattan it is subject to the reserve requirements applicable to central reserve city banks; and if any bank in the boroughs of Queens and
Richmond has a branch i n the boroughs of Brooklyn or Bronx (but not in Manhattan) it is subject to the reserve requirements applicable to reserve
city banks. Under the same provision of law, the Board has authorized a number of banks in outlying sections of the city of Chicago to carry
the same reserves as banks in reserve cities, and a number of banks in reserve cities to carry the same reserves as country banks.
2
South Omaha was annexed to Omaha on June 21, 1915.
S E C T I O N 11
CURRENCY
Page
404
Text
Table 109. Currency in circulation—by kind, 1860-1941
408
Table 110. Currency in circulation—by kind, monthly, 1914-1941
409
Table 111. Currency in circulation—before and after adjustment for seasonal variation, monthly,
1919-1941
414
Table 112. Currency in circulation—paper money by denominations and coin, monthly, October
1930-December 1941
415
Table 113. Shipments and receipts of United States paper currency to and from Europe, 19231941
417
Table 114. Treasury currency outstanding, by kind, monthly, 1919-1941
419
SECTION 11
CURRENCY
Currency, as the term is used in this section,
includes coin and paper money issued by the
Government and by banks. It represents a relatively small part of the total money supply of
the United States, as most money is held in the
form of bank deposits and most money payments
are made by check.
For many purposes, however, currency is a
more convenient means of payment than bank
checks, and many people prefer to hold currency
rather than other forms of money as a store of
value. The volume of currency in circulation is
of significance both as constituting part of the
total money supply and, as indicated in Section
10, because withdrawals of currency from banks
and deposits in banks affect the volume of bank
reserves.
The factors influencing the amount of currency people want to have on hand—and hence
the amount of currency in circulation—are different from those determining the total money
supply, which depends largely on the volume of
bank deposits in existence. People often wish
to convert their balances from deposits to cash,
or vice versa, and the machinery of the Federal
Reserve System is designed to enable this conversion to be made whenever the public desires.
All currency is now issued by the Federal Reserve Banks and the Treasury; most of it goes
into or. out of circulation through the Federal
Reserve Banks. When more currency is required,
the public obtains it by drawing on deposits at
local banks, which obtain the currency, directly
or indirectly, from the Federal Reserve Banks.
Contrariwise, the public deposits currency in excess of current needs in local banks, which in
turn deposit it with the Federal Reserve Banks.
"Currency in circulation" (or "money in circulation" as it is designated in the official Treasury. Circulation Statement and in Tables 100104 of Section 10) refers to all coin and paper
money outside the Treasury and Federal Reserve Banks, with the exception of gold and silver coin known to have been exported and, 1
beginning with January 31, 1934, all gold coin. It
includes all coin and jiaper money held by the
public in the United States whether in current
active use or held idle: i.e., cash carried in
pockets of individuals, that held in cash registers
1
The "'Circulation Statement of United States Money," published monthly by the Treasury Department, shows total stock
or amount of each type of coin and paper currency outstanding,
amounts held by the Treasury and the Federal Reserve Banks,
and amounts in circulation outside these agencies.
and tills of merchants and business men, and
that hoarded or otherwise held idle by individuals. These official figures also include some currency that strictly speaking is not a part of the
money supply in the hands of the public in the
United States; e.g., cash in vaults of commercial
and savings banks, currency lost or destroyed,
and currency carried abroad by travelers and
not appearing in the official gold and silver export figures. Since no accurate current measurements of the amount of such currency are
available, it is not possible to exclude it from
the current statistics of money in circulation;
the amount may be presumed not to change
greatly, except perhaps over relatively long periods of time or under unusual circumstances.
In 1914 gold coin and certificates formed
nearly half of the currency in circulation, national bank notes about 20 per cent, and silver
dollars and certificates about 15 per cent. At
the end of 1941, Federal Reserve notes comprised
more than two-thirds of the currency in circulation; silver certificates, subsidiary silver, and
minor coin comprised most of the remainder. The
only other type of currency now issued regularly
is United States notes; about 300 million dollars
of these are outstanding and as required by law
they are reissued when they are returned to the
Treasury on any account. About 600 million dollars of previously printed Federal Reserve Bank
notes were placed in circulation in December
1942 and early in 1943, but these are to be retired
as they become unfit for use and are returned to
the Reserve Banks. Other types of currency no
longer being issued are being retired in the same
way.
A brief historical description of the development of the United States currency system appears in the paper "Currency System of the
United States/' on pages 65-83 of Banking
Studies, a publication of the Board of Governors. The monetary significance of currency
is discussed in the introductory text to Section 10
of this book; in the paper "Money System of the
United States," pages 295-319 of Banking Studies; and in the article "Recent Changes in the
Demand for Currency," pages 312-16 of the
Federal Reserve Bulletin for April 1942.
Statistics of currency in circulation. The
principal statistics relating to the supply
of currency are included in this section. Tables
109 and 110 show for the period since 1860™
yearly until 1914 and monthly thereafter—the
404
CURRENCY
amounts of currency of different types in circulation. Tables 111-114 give further information
on the supply and use of currency. Table 111
includes measures of the customary seasonal
changes in the circulation of currency and also
a monthly series of currency adjusted for seasonal fluctuations, which shows the net effect of
non-seasonal factors in the use of currency. Currency* is issued in various denominations. The
small denominations are used mostly for
ordinary spending while the large denominations
are adapted for special types of payments or
for holding. Table 112 shows the amount of
currency in circulation by large and small
denominations, monthly beginning with October
1930, the earliest date for which such a classification is available. At times the flow of
American currency to or from other countries
has been important, and Table 113 shows the
available statistics on the shipments of paper
currency to and from Europe. Table 114
shows the amount of Treasury currency outstanding; i.e., currency that has been issued by
the Treasury or for the retirement of which the
Treasury is responsible.
Adjustment for seasonal variation. One of the
principal uses of currency is for pay rolls and
the day to day cash expenditures of individuals,
and this use varies with seasonal changes in pay
rolls and in consumer expenditures. In analyzing changes in currency in circulation it is sometimes necessary to .make allowances for cus- .
tomary seasonal variations. Monthly seasonal
adjustment factors computed for the period 19191941 are shown in Table 111; they represent the
typical variation of currency in circulation for
specific months from the average for the year.
Thus, the demand for currency slackens after the
first of January, when retail trade falls off following the holidays; expands during the spring
when pay rolls increase and outdoor industries
become active; slackens again in midsummer;
and increases steadily during the autumn and
early winter to a peak at Christmas.
To adjust the actual figures for seasonal
variation, the adjustment factors are subtracted
from the actual figures for corresponding months.
Figures for seasonal adjustment factors and for
currency adjusted for seasonal variation are
shown to the nearest 5 million dollars. From
1919 through 1930 the factors change from year
to year to make allowance for shifts in seasonal
variations during these years. For the period
since 1930 a constant set of seasonal factors is
used. In view of the rapid expansion in currency in circulation following 1940, the seasonal
adjustment factors shown in Table 111 no longer
represent the actual variations due to seasonal
405
influences; absolute seasonal variations have
increased substantially as the volume of consumer expenditures and wages and salaries have
soared.
The method used in computing monthly seasonal adjustment factors for currency is
essentially the same as that employed by the
Board for other series. A discussion of seasonal
variations in money in circulation previous to
1940 appears in the Federal Reserve Bulletin for
August 1939, pages 641-44; for later years in the
Bulletin for September 1943, pages 822-26.
Shipments of American currency to and from
Europe. In May 1923, a number of large banks
in New York City began reporting to the Federal Reserve Bank of New York the amounts of
their shipments and receipts of American paper
money to and from Europe. These are shown
in Table 113. Almost all of the European shipments made by American banks are included in
these figures. Banks outside New York City
ordinarily have few such transactions, and the
New York City banks which report regularly
include all those whose shipments are substantial. The number reporting has varied
from 11 to 14; in addition, the European shipments and receipts of currency by the Federal
Reserve Bank of New York are included.
Bank shipments, however, do not measure the
entire movement of our paper currency to and
from Europe. Considerable but indeterminable
amounts are carried abroad by American tourists, are sent in letters from immigrants to their
relatives in Europe, or otherwise flow abroad
through non-banking channels. Moreover, there
may be bank shipments to or from non-European countries—particularly Latin America—
which in fact are destined for or originate in
Europe.
There is no adequate record of bank shipments
of currency to and receipts from non-European
countries. Considerable amounts of United States
currency move back and forth across our Canadian and Mexican borders, and between the
United States and various Caribbean countries
—especially Cuba—in which the dollar has legal
tender status. Until 1928 large seasonal movements to and from Cuba occurred regularly
each year, , Then followed a net inflow from
Cuba of approximately 75 million dollars over
a period of five years. A very large seasonal
movement to Cuba took place in the first half
of 1942, but later in the year the Cuban Government initiated a policy of replacing dollar
with peso currency which may result in the
return to this country of a substantial portion
of the dollars now circulating in Cuba. During
1942, imports of United States currency from
406
BANKING
AND MONETARY STATISTICS
foreign countries were placed under strict control
in order to prevent the liquidation of holdings
of such currency by the Axis.
The entire movement of currency to other
countries is usually relatively unimportant in
comparison with changes in demand in the
United States. Ordinarily, receipts by American
banks from Europe have exceeded their shipments, largely because of the fact that American
money carried out of the country by tourists is
not a part of the banks' shipments but generally returns to this country through banking
channels. The gradual return of American money
from large stocks accumulated in foreign countries in the early post-war years was also a
factor in the excess of receipts over shipments,
especially from the early part of 1924 to the
middle of 1930. In 1939 and 1940, when citizens
of foreign countries increased their hoards of
American currency, shipments of currency to
Europe exceeded receipts.
Treasury currency outstanding. The term
"Treasury currency" is applied to currency
issued by the Treasury, other than gold coin or
certificates, or for the retirement of which the
Treasury is responsible. Table 114 shows
monthly for the period 1919-1941 the various
items which comprise Treasury currency. This
tabulation of currency items is a part of the
compilation of currency and credit statistics
prepared by the Board of Governors for the
analysis of the supply and use of reserves of
member banks, which is presented in Section 10,
The significance of Treasury currency from the
standpoint of bank reserves is discussed in the
text accompanying that section, especially on
pages 361-64.
Treasury currency includes standard silver
dollars, silver certificates, Treasury notes of 1,890,
subsidiary silver, minor coin, and United States
notes. It also includes national bank notes and
Federal Reserve Bank notes 2 for the retirement
of which funds have been deposited with the
United States Treasury. Other kinds of currency
are Federal Reserve notes, which are liabilities
of the Federal Reserve Banks, and gold coin and
gold certificates, which, in the analysis of member bank reserves and related items, are covered
by the series on monetary gold stock, shown in
Tables 100-104 of Section 10.
Treasury currency outstanding, shown in Table
114, includes the amount of such currency held
s
Those Federal Reserve Bank notes which were not covered
by lawful money deposited with the Treasury and were, therefore,
liabilities of the Federal Reserve Banks which issued them are
not included in Treasury currency. Bee footnote 5, page 363, of
Section 10. Tho Federal Reserve Bank nntes issued in December
1942 and early in 1943 are Treasury currency; that is, they were
covered by deposits with the Treasury on the same day they were
issued. For a discussion of the conditions of issuance and retirement of Federal Reserve Bunk notes at various times, see text of
Section 9, p. 328.
by the Treasury and the Federal Reserve Banks,
as well as the amount "in circulation.1' Silver
certificates and Treasury notes of 1890 do not
appear among the items shown in Table 114 because the silver held against such currency is
included under the item "standard silver dollars
and silver bullion."
Since March 1935 funds have been on deposit
with the Treasury to cover retirement of all outstanding Federal Reserve Bank notes 2 and beginning with August 1935 to cover retirement of
all outstanding national bank notes. The obligation of the Government for these notes, which is
carried in the public debt, increased from 30!)
million dollars on February 28, 1935, to 815
million dollars on July 31, 1935, and by December 31, 1941, had declined to 16(1 million dollars,
For the sake of convenience, those national bank
notes outstanding prior to August 1935, which
were not covered by lawful money deposited with
the Treasury and were, therefore, liabilities of
the national banks, have also been included in
Table 114, which formerly was entitled "Treasury and National Bank Currency."
Sources of data. The figures for all tables,
except Table 113, are based on data compiled
by the Treasury Department and published
monthly in the statements "Circulation Statement of United States Money" and "Paper Currency of Each Denomination Outstanding."
There have been revisions in the forms of these
statements, however, and figures in this section
are on a revised basis, according to the present
form of the statement. Some of the revised figures have been published by the Treasury Department in its annual report, and others have
appeared hitherto only in publications of the
Board of Governors.
The regular "Circulation Statement of United
States Money" shows for each kind of currency
the total stock, the amount held in the Treasury,
the amount held by the Federal Reserve Banks
and agents, and the amount in circulation. The
latter figure is derived by subtraction. Figures
of amounts held by the Federal Reserve Banks
and agents are based on reports from the Reserve Banks,3 and other figures are those
compiled in the Treasury Department. A, copy
of this statement for June 30, 1941, is shown in
the text for Section 10, page 367.
Since 1914 there have been three major
changes in the circulation statement: in June
1922, in December 1927, and in January 1934.
For the first two changes the Treasury has published revised figures for June 30 dates back to
3
Since January 1922 the Reserve Banks have reported separately
their holdings of each kind of money, currently apportioning unassorted currency on hand by estimate on the basis of recent experience; prior to that time they reported all unassorted paper currency in one total and all silver coin in one total.
CURRENCY
1914. Revisions in monthly figures to take
account of these changes have been made by
the Board of Governors on the basis of information supplied in part by the Treasury Department. For the change in circulation statement
made on January, 31, . 1934, the revision in
earlier figures has been made by the Board of
Governors.
The revisions in form of statement in 1922,
1927, and 1934 are described briefly by the
Treasury Department as follows:
"(a) Beginning June 30, 1922, the form of circulation statement was revised so as to include in
the holdings of the Federal Reserve Banks and
agents, and hence in the stock of money, gold bullion and foreign gold coin held by the Federal
Reserve Banks and agents, and to include in the
holdings of the Federal Reserve Banks and agents,
and hence exclude from money in circulation, all
forms of money held by the Federal Reserve Banks
and agents, whether as reserve against Federal
Reserve notes or otherwise. * * * (b) The form
of the circulation statement was revised again beginning Dec. 31, 1927, so as to exclude earmarked
gold "coin from the stock of money, and hence from
money in circulation; to include in the holdings of
the Federal Reserve Banks and agents, and hence
in the. stock of money, gold held abroad for the
account of the Federal Reserve Banks; and to include in all categories, minor coin (the bronze 1cent piece and the nickel 5-cent piece). Beginning
on Dec. 31, 1927, the circulation statement is dated
for the end of the month instead of the beginning
of the succeeding month, as was the practice theretofore, and figures on the revised daily Treasury
statement basis for 'money held in the Treasury'
instead of the unrevised basis are used, (c) Under
'the order of the Secretary of the Treasury of Dec.
28, 1933, as amended and supplemented on Jan. 11
and 15, 1934, all gold coin domestically owned
(.with minor exceptions) was required to be delivered for the account of the Treasurer of the
United States, and under the Gold Reserve Act
of 1934 (Jan. 30) withdrawn from circulation and
formed into bars. Gold coin (287 million dollars)
shown on Treasury records as being then outstanding was dropped from the 4monthly circulation
statement as of Jan. 31, 1934."
More specific details as to the sources of data
for individual tables are:
4
Annual Report of the Secretary of the. Treasury for 1941, p.
625, footnote 1, and p. 627, footnote 3. Full explanation of the
1922 and 1927 revisions appears in the Annual Report of the Secretary of the Treasury for 1922, p. 433, and for 1928, pp. 70-71.
407
Table 109. Annual Report of the Secretary oj the
Treasury for 1928, pages 554-55 and for 1941, page 627.
Figures for gold coin and consequently for total money
in circulation for the period 1914-1933 have been revised
by the Board. In January 1934, when the figure for
gold coin was discontinued in the monthly circulation
statement issued by the Treasury, 287 million dollars
of gold coin was reported as still in circulation. Since
this amount is believed to have been largely lost or
melted down or otherwise to have disappeared from
circulation over the years, it has been deducted from
previously reported figures for gold coin and also for
total money in circulation back to and including 1914,
but no adjustment has been made for earlier 3Tears.
Table 110. Figures for the period December 31, 1927December 31, 1941 are as shown in the monthly "Circulation Statement of United States Money" except for
the revision of figures for gold coin and consequently
for total money in circulation described above. Figures
for the period January 31, 1914-December 31, 1927,
except for June dates, have been revised by the Board
of Governors to take account of changes in the form
of statement. In deriving the circulation figures given
in Table 110 for 1914-1921 for the different kinds of
paper money and of silver coin, the reported totals
of unassorted paper currency and of silver coin referred
to in footnote 3, page 406, were distributed by estimate.
The total currency in circulation before seasonal adjustment, shown in Table 111, comes from the same sources
as Table 110.
Table 112. The figures for paper currency are taken
from the monthly Treasury statement "Paper Currency
of Each Denomination Outstanding," and the figures for
coin are taken from the regular circulation statement,
except for gold coin, prior to January 31, 1934, which
have been revised by the Board. With reference to
the figures for paper currency by denominations it should
be noted that in the basic Treasury information two
small deduction items in computing currency in circulation are not available by denominations: (1) a small
amount of currency stock reported as destroyed and
therefore excluded from the total stock figures; and
(2) unassorted currency held by the Treasuiy and the
Federal Reserve Banks which is excluded from these
figures in the regular circulation statement. The amount
of these deduction items is not shown separately in
Table 112, but it is the difference between the currency
in circulation and the total of coin and paper currency
by denominations. The figures on Treasury currency
outstanding in Table 114 are the total stock figures from
the monthly "Circulation Statement of United States
Money."
Current statistics on currency in circulation and Treasury currency outstanding are published monthly in the
Federal Reserve Bulletin. The total amount of money
in circulation is available weekly in the mimeographed
release, "Condition of the Federal Reserve Banks," released Thursday, showing conditions as of the close of
business on Wednesday.
BANKING AND MONETARY STATISTICS
408
NO. 109-CURRENCY IN CIRCULATION-BY KIND, 1860-1941
[Outside Treasury and Federal Reserve Banks. Figures as of June 30; in millions of dollars]
1
Year
Total
Gold
coin
I860.. .
.
S435
=484
2
606
Standard
silver
Silver
dollars certificates
Treasury
notes of
1890
Subsidiary
silver
Minor1 Fractional
coin currency
Other
United
States
currency
United
States
notes
State
bank
notes
2
21
207
18....
81....
Gold
certificates
National
bank
notes
207
2
16
2
13
s
202
184
239
179
143
1865
1,084
266
2
283
2
260
184
149
1866
940
859
772
741
775
110
73
64
62
81
11
19
18
30
32
8
7
7
6
9
25
26
794
829
838
864
834
72
77
63
79
64
18
26
34
18
18
12
12
14
15
22
34
36
38
38
1
1
1
8D7
814
820
819
973
75
78
85
111
226
24
32
25
15
3
1
8
20
1
33
20
16 ...........
1
1
6
26
43
59
61
49
,114
,174
,230
,244
,293
315
358
345
341
342
6
5
60
71
127
29
32
36
41
39
39
55
73
96
102
47
46
46
46
44
328
325
323
319
331
350
352
348
331
309
,253
,318
1 8 . . . . ,372
88...
,380
1889
,429
1890
358
377
391
376
374
76
91
121
117
131
53
56
56
54
56
88
142
201
257
298
46
49
50
51
54
324
327
80S
316
335
308
277
245
207
182
,497
,601
,597
,661
,602
407
409
409
496
480
120
141
93
66
48
59
57
57
53
52
307
327
327
327
320
40
98
141
135
116
58
63
65
59
60
343
339
331
326
319
162
167
175
200
207
1896
1897
1898
,506
,641
,838
1 9 . . . . ,904
89...
1900 .„ . 2,081
455
518
658
680
611
42
37
36
33
201
52
52
58
61
66
331
358
390
402
408
95
83
98
93
75
60
60
64
69
76
28
256
307
310
329
318
215
226
223
238
300
2,203
10...
91.,
1 0 . . . . 2,279
92..
2,400
1903. .
2,553
1904
1905
*. 2,623
.
630
632
617
646
651
247
306
377
466
485
67
69
72
71
74
430
447
455
461
455
79
86
93
96
101
28
30
32
34
35
330 !
334 i
-„.
334
334
332
345
345
400
433
480
1906
1907
1908
1909
1910
2,775
517
600
783
815
803
77
82
76
72
72
472
470
465
478
479
112
3,079
669
562
613
599
591
48
30
19
13
9
7
6
5
4
4
124
132
136
38
41
41
43
46
:::::::
330
342
339
340
335
548
580
632
663
684
1911
1912
1913
3,263
3,335
589
611
608
930
943
72
70
72
454
469
469
3
3
3
138
145
154
49
51
55
339
688
705
716
1862
1863. .... =931
...
1,008
1864,,
16....
87....
1868 .
16.....
89....
1870,. ..
.
1871
1872.. . .
..
1873
17....
84....
1875 ,
1876.. ...
...
1877, .
1878
1879.. ...
...
1880
1881. ....
...
1882
1883
1884.. ..
..
1885
1886...
1887
1891,
1892
1893
1894
1895 .
2,814
3,149
3,149
3,419
ll
9
9
1 004
For footnotes see opposite page.
16
\%
22
122 i
29 j
30
34
53
93
169
237
163
124
20
3
3
73
312 i
415
379
328
319
329
315
325
3
2
,
2
38 |
._.-„__
........
........
........
„
1
276
287
294
292
289
343
346
348
20
4
31
146
350
311
329
339
340
341
331
338
321
302
328
316
301
312
321
337
371
'338 1
337
CURRENCY
409
NO. 109-CURRENCY IN CIRCULATION-BY KIND, 1860-1941-Continued
[Outside Treasury and Federal Reserve Banks. Figures as of June 30; in millions of dollars]
Year
Total
Gold
coin
S
Gold
certificates
Standard
Silver
silver
dollars certificates
Treasury
notes of Subsidiary
1890
silver
United
States
notes
Minor
coin 1
Federal
Reserve
notes
Federal
Reserve
Bank
notes
National
bank
notes
32i
301
1 026
70
64
479
463
2
2
160
159
57
59
338
310
71
3,362
3,779
4,195
4,590
5,181
338
380
250
188
188
1,050
1,083
66
72
77
79
77
476
468
370
163
98
2
2
2
2
2
171
194
216
229
249
63
68
75
82
91
328
312
292
274
278
1,698
2,450
3,065
2
4
H
155
185
716
691
691
639
690
4,624
4,176
4,536
4,562
4,524
160
129
117
106
111
201
173
386
801
66
58
57
54
54
159
265
364
364
383
2
2
1
1
1
235
229
247
253
262
91
89
94
97
100
259
292
303
298
283
2,600
2,139
2,235
1,843
1,636
130
72
20
10
7
721
728
711
734
682
1926
1927
1928
1929
1930
4,598
4,564
4,510
4,459
4,235
105
98
90
81
70
1,057
1,007
1,019
378
376
385
387
387
1
1
1
1
1
270
276
278
284
281
104
108
935
995
52
49
46
44
39
111-
115
117
295
292
298
262
288
1,679
1,703
1,626
1,693
1,402
5
5
4
4
3
651
650
650
653
651
1931 .
1932
1933
1934
1935
4,535
5,408
5,434
5,373
5,568
76
166
34
997
716
265
150
117
34
30
28
30
32
377
353
361
401
701
1
1
1
1
1
273
256
257
280
297
117
114
113
119
125
299
289
269
280
285
1,708
2,780
3,061
3,068
3,223
3
3
126
142
81
648
701
920
902
704
6,241
6,447
6,461
7,047
7,848
101
88
78
72
67
35
38
39
42
46
955
1,078
1,230
1,454
1,582
1
1
1
1
316
341
342
361
384
135
144
146
155
169
278
281
262
266
248
4,002
4,169
4,114
4,484
5,163
52
38
30
26
22
366
269
217
186
165
9,612
63
53
1,714
1
434
194
300
6,684
20
150
1914
1915
3 172
3,033
1916
1917
1918
1919
1020
.. .
_..._.
1021
1922
1923
1924
1925
. „.
1936
1937
1938
1939
1940
_„._
. . ..
1941
(3)
822
511
328
259
1,005
149
507
715
782
1
2
Not included prior to 1900; stock was small and satisfactory data are not available.
Circulation figures not available for subsidiary silver (including silver dollars), 1860-1863, nor for gold coin, 1862 and 1863. Figures shown
for these groups in these particular years are for total stock. Total currency in circulation, therefore, includes total stock of silver dollars
and 3
subsidiary silver, 1860-1863, and of gold coin, 1862 and 1863.
Gold coin figures from 1914 to 1933 not comparable with those for earlier years; no figures shown beginning with January 31, 1934. For further
explanation see introductory text, p. 407.
NO. 110-CURRENCY IN CIRCULATION-BY KIND, MONTHLY, 1914-1941
[Outside Treasury and Federal Reserve Banks. End of month figures; in millions of dollars!
Year and month
Total
Gold
coin
Gold
certificates
Silver
certificates
Treasury
notes of
1890
Subsidiary
silver
Minor
coin
United
States
notes
Federal
Reserve
notes
974
945
931
913
739
702
70
70
69
69
68
70
68
68
68
68
67
67
468
461
461
457
466
479
475
481
483
483
446
445
3
3
2
2
2
2
2
2
2
2
2
2
161
160
160
159
160
160
160
161
162
162
163
164
57
57
57
57
57
57
57
57
58
58
58
59
335
339
341
340
340
338
337
339
337
335
299
294
2
10
730
721
729
769
802
822
817
887
910
954
954
950
65
64
66
65
65
64
64
64
65
66
66
67
441
447
462
463
462
463
462
460
468
472
478
483
2
2
2
2
2
2
2
2
2
2
2
2
160
159
158
158
159
159
159
160
162
165
168
170
58
58
58
58
58
59
58
59
59
60
61
61
310
314
322
323
320
310
324
328
327
318
312
330
15
23
35
46
56
71
80
90
113
137
156
178
1 9 14—^January
February
March
April
May
June
July
August
September
October
November
Dece mber
3 215
3 216
3 221
3 243
3 246
3 172
3 107
3 254
3 445
3,457
3,123
3 032
329
324
322
325
326
325
317
348
353
352
317
320
1,090
1,094
1 095
1 120
1,106
1,026
1915—January
February
Marrh
April
Mav
June
July
August
Sppte tntwr
October
November
December
2,966
2,955
2,977
2 997
3 030
3 033
3,036
3,115
3,168
3 232
3,257
3,302
310
303
304
301
307
301
301
301
304
304
310
318
Standard
silver
dollars
Federal
Reserve
Bank
notes
National
bank
notes
701
708
714
713
720
715
717
852
1,051
1,084
1,029
969
874
862
841
812
799
782
768
764
760
755
751
742
BANKING AND MONETARY STATISTICS
410
NO. 110-CURRENCY IN CIRCULATION-BY KIND, MONTHLY, 1914-1141-Continued
[Outside Treasury and Federal Reserve Banks. End of month figures; in millions of dollars]
Total
Year and month
Gold
coin
Gold
certificates
Standard
silver
dollars
Silver
certificates
Treasury
notes of
1890
Subsidiary
silver
Minor
coin
United
States
notes
Federal
Reserve
notea
Federal
Reserve
Bank
notes
National
bank
notes
3,305
3,316
3,326
. ,_ 3,334
3,298
3,362
3,371
July
3,450
August
3,535
September ...._._-.«,
3,589
October
3,590
November _ _ _ _ „ ,
3,679
December
319
324
322
329
334
338
339
336
345
349
367
354
993
991
995
1,002
983
,050
,062
,119
,150
,184
,137
,220
66
65
65
66
66
66
67
67
69
70
71
72
474
477
484
481
481
476
472
476
480
477
475
470
2
2
2
2
2
2
2
2
2
2
2
2
168
167
167
169
170
171
172
175
177
181
186
187
61
61
61
62
62
63
63
64
64
65
67
67
329
329
334
334 i
322
328
333
337
337
337
335
327
4
729
733
733
728
721
716
711
710
712
706
705
703
19 17— January
February. ...........
March
April... »....„..„.._
May
June.__. , .
_«.„.„
July
..
August. . _ - - _ . _ . _ „ . , „
September
, _
October ,
.„
November
December
__ „ _ .
3,702
3,833
3,886
3,907
3,969
3,770
3,686
3,693
3,764
3,820
3,965
4,086
362
358
365
381
389
380
360
387
364
358
353
345
,286
.343
,344
,292
,303
,083
,013
969
931
834
749
689
71
71
71
71
71
72
72
72
74
76
77
78
461
471
460
471
473
46S
459
459
464
461
457
458
2
2
2
2
2
2
2
2
2
2
2
2
188
189
190
192
193
194
195
197
202
207
212
215
67
68
68
68
68
68
69
69
70
71
72
73
329
327
329
311
312
312 I
299
301
305
303
302
303
255
30S
356
420
459
507
532
538648
802
1,034
1,223
4
3
3
3
3
4
5
8
10
10
10
10
678
693
697
697
695
691
680
690
695
695
697
689
1918— January
February
. „.,„...
March
April.... ._ = _ _
May .„
June
July....
„..,-...
August
September
„._
October
November
December
..„.„_
3,849
4,028
4,109
4,147
4,129
4,195
4,277
4,489
4,740
4,858
4,908
4,951
311
305
295
281
263
250
240
231
227
221
219
215
653
626
598
572
537
511
485
465
448
434
421
403
77
76
77
77
77
77
79
85
84
83
82
84
441
436
432
421
398
370
351
335
322
306
286
253
2
2
2
2
2
2
2
2
2
2
2
2
214
213
214
214
215
216
218
221
224
230
233
236
73
74
74
74
74
75
75
76
77
78
78
79
293
294
296
295
293
292
294
295
294
292
293
288
1,106
1,312
1,425
1,513
1,571
1,698
1,833
2,068
2,335
2,471
2,534
2,624
9
670
680
689
689
690
691
688
691
689
678
674
650
4,632
4,635
4,661
4,656
4,631
4,590
4,583
4,661
4,750
4,840
4,982
5.091
'213
210
200
203
203
188
194
184
179
178
189
189
382
370
360
347
335
328
322
314
312
300
297
286
82
81
SO
80
79
79
79
79
80
80
84
80
219
206
197
186
173
163
157
154
152
149
150
141
'2
2
2
2
2
2
2
2
2
2
2
231
229
228
229
229
229
230
231
233
237
240
244
79
79
79
80
81
82
83
84
85
86
87
88
278
278
274
272
275
274
273
273
268
270
270
274
2,373
2,413
2,468
2,478
2,457
2,450
2,429
2,510
2,601
2,684
2,796
2,916
126
127
133
142
148
155
164
175
188
196
198
647
640
641
638
649
639
651
655
649
662
671
672
1920=- January
February
.. ,._„
March,.
April
May
June
Jxily
August.
.. ,
September
October
November---.-,-....
December
4,890
5,073
5,104
5,122
5,165
5,181
5,167
5,261
5,329
5,411
5,356
5,325
175
191
185
181
183
188
188
185
178
188
179
188
285
280
271
275
264
259
253
249
236
228
228
219
79
79
78
78
77
77
77
75
75
76
76
75
130
121
111
107
104
98
91
87
82
79
76
70
2
2
2
2
2
2
2
2
2
2
2
2
242
243
245
246
247
249
250
251
255
256
258
255
88
89
89
90
91
92
93
94
94
95
95
268
270
269
274
276
278
282
280
278
275
271
261
2,785
2.054
2,989
3,018
3,055
3,065
3,047
3,137
3,217
3,294
3,251
3,256
191
W2
186
174
176
185
189
202
209
209
208
209
646
653
678
677
690
690
697
700
704
711
714
695
1921— January
February
March ,
April
May
June
July....
August,,
September
October
November
December
5,016
4,986
4,837
4,793
4,728
4,624
4,510
4,453
4,457
4,408
4,364
4,403
190
176
172
170
166
160
157
153
150
147
145
152
212
218
214
210
205
201
194
191
186
183
182
177
73
71
70
68
67
66
64
64
63
60
59
58
66
68
70
112
137
159
172
188
191
212
234
236
2
2
2
2
2
2
2
2
2
2
2
2
246
243
240
237
236
235
233
231
232
235
236
237
94
93
92
92 l
91
91
91
91
91
91
91
91
249
255
250
247
252
259
260
263
263
265
265
275
3,003
2,977
2,857
2,800
2,712
2,600
2,509
2,451
2,457
2,395
2,338
2.372
164
181
166
153
143
130
121
109
106
101
97
97
703
704
702
717
721
707
710
717
717
719
705
4,154
4,204
4,210
4,181
4,168
4,176
4,137
4,193
4,321
4,359
4,417
4,530
144
141
139
135
132
129
126
125
123
123
125
136
172
170
172
170
171
173
172
194
215
234
254
303
58
58
59
58
58
58
58
58
59
59
59
60
233
250
253
253
260
265
269
272
278
280
285
288
2
2
2
2
2
2
2
2
2
1
1
1
229
228
227
227
229
229
230
233
236
240
243
246
89
89
89
89 ;
89
89
89 I
90
90
91
92
93
269
283
285
290
295
292
285
285
282
279
278
285
2.157
2,179
2,181
2,154
2,129
2,139
2.116
2,141
2,250
2,282
2,313
2,373 1
90
85
83
81
79
711
719
721
722
725
65
60
55
48
42
37
728
733
730
722
724
708
1916 = January
February
March
April „
May
* 1919— January «.,,_.„
February .
March
April. _ .- ...
May ...
June
July.... ....
August
September
October
November
December
„
_
...
„,__
„_.
— ..
. .
...
1922 — -January
Febr uar y , „ , _ . „ _
March
„
April .
. ..
May .
June
July
August,,..
September
October
November
December „
„
aa
166
165 1
161 !
160
156
149
149
162
195
214
242
272
2
l
2
2
2
2
4
4
9
9
9
9
11
12
21
38
64
83
117
193,
• 72
688
m
CURRENCY
411
NO. 110-CURRENCY IN CIRCULATION-BY KIND, MONTHLY, 1914-1941-Continued
[Outside Treasury and Federal Reserve Banks.
Total
Year and month
Gold
coin
Gold
certificates
Standard
silver
dollars
End of month figures; in millions of dollars]
Silver
certificates
252
252
252
253
253
253
252
254
256
259
263
266
96
96
96
97
97
97
97
97
98
98
99
100
294
303
304
301
306
298
302
308
303
308
306
297
2,009
2,031
1,989
1.909
1.898
1,843
1,746
1,746
1,729
1,784
1,862
1,842
13
12
12
11
10
10
10
9
9
9
8
8
722
735
737
729
739
734
730
741
737
734
738 '
706
256
256
257
258
259
262
261
264
268
269
272
275
99
99
99
99
100
100
100
101
101
102
103
105
286
291
287
282
286
283
285
299
306
308
305
295
1,689
1,735
1,702
1,676
1,680
1,636
1,602
1,630
1,671
1,707
1,742
1,816
8
8
7
7
7
7
7
7
6
6
6
6
712
717
711
698
696
682
678
679
664
667
666
635
266
266
267
267
268
270
270
272
276
277
280
281
102
103
103
103
104
104
104
105
106
106
108
108
290
295
292
295
295
295
296
301
302
307
303
297
1,672
1,672
1,639
1,663
1,694
1,679
1,679
1,684
1,709
1,737
1,765
1,824
6
6
639
653
646
655
661
651
654
649
647
651
648
629
375
377
373
377
380
376
378
379
390
392
392
400
272
271
272
273
275
276
275
277
280
282
285
286
107
107
107
107
108
108
108
109
110
110
111
112
288
292
291
293
293
292
297
299
304
298
298
293
1,684
1,710
1,707
1,724
1,734
1,703
1,668
1,657
1,715
1,711
1,694
1,763
5
5
5
5
5
5
5
47
46
46
46
46
46
46
46
46
46
46
46
372
369
373
378
380
385
384
391
398
394
405
410
276
275
275
276
277
278
279
281
283
285
288
291
110
110
110
110
111
111
111
112
112
113
115
116
283
286
290
293
296
298
293
301
303
301
306
294
1,561
1.570
1,588
1,586
1,587
1,626
1,592
1,662
1,699
1,689
1,770
1,808
617
639
654
652
649
650
637
650
649
639
650
616
44
44
44
44
44
44
43
43
43
43
42
42
382
385
391
386
392
387
404
411
418
415
418
417
281
281
281
281
283
284
284
286
289
291
292
294
114
114
114
114
114
115
116
116
117
118
118
119
282
284
283
276
288
262
242
249
265
267
275
265
1,631
1,647
1,673
1,648
1,655
1,693
1,748
1,843
1,839
1,869
1,920
1,862
613
626
646
644
642
653
620
636
630
623
603
597
1924—January
February
March
April
May
June .
Julv
August .
September
October
November
December
4,490
4,600
4,612
4,566
4,618
4,562
4,469
4,572
4,576
4,655
4,765
4,760
114
112
111
109
108
106
105
104
103
104
107
122
574
633
687
730
779
801
799
872
898
913
935
970
56
56
55
55
54
54
54
54
55
55
55
57
358
368
368
371
373
364
374
385
387
390
391
390
1925— January
February.
March.
April
May
June
July
August
September
October
November
December
4,515
4,561
4,524
4,495
4,550
4,524
4,505
4,579
4,629
4,682
4,757
4,817
116
116
116
114
111
111
110
111
109
108
109
127
930
917
915
926
973
1,005
1,016
,036
,053
,067
,108
,113
55
55
55
54
54
54
54
54
55
55
55
55
363
367
374
378
382
383
390
397
396
391
389
390
1926—January
February
March
April
May
June
July
August
September
October
November. December
4,554
4,617
4,573
4,620
4,636
4,598
4,622
4,643
4,691
4,734
4,750
4,808
116
113
110
108
106
105
104
102
101
102
102
122
,037
,084
,090
,103
,076
,057
,072
,086
,101
,101
,096
,092
53
52
52
51
51
52
52
52
52
52
52
52
372
372
368
368
374
378
384'
386
391
393
391
397
1927 —January
February
March . ,_
April
May
4,559
4,598
4,575
4,604
4,606
4,564
4,559
4,567
4,661
4,659
4,665
4,716
109
106
103
102
100
98
96
95
93
94
96
115
,037
,035
,019
,019
,004
,007
,031
,045
,061
,068
,095
,074
50
49
49
48
49
49
49
48
48
49
49
49
4,390
4,403
4,462
4,461
4,457
4,510
4,414
4,516
4,559
4,519
4,703
4,686
102
99
96
94
93
90
88
87
86
86
87
108
,016
,004
,025
,020
,013
,019
977
982
978
960
1,031
991
4,370
4,411
4,461
4,389
4,451
4,459
4,430
4,553
4,532
4,551
4,642
4,578
94
91
87
85
83
81
79
78
77
76
77
97
923
935
937
906
944
935
888
887
850
846
889
880
March
April
May
- June
July
August
September
October
November
December
_
National
bank
notes
714
725
732
733
734
711
726
729
731
727
735
714
296
318
339
353
365
364
369
376
375
370
382
374
1929—January
Federal
Reserve
Bank
notes
33
30
26
24
22
20
19
18
16
15
14
14
58
58
58
57
57
57
57
57
58
58
58
58
_
Federal
Reserve
notes
2,184
2,227
2,233
2,218
2,228
2,235
2,160
2,205
2,246
2,207
2,237
2,224
301
315
319
329
339
386
412
442
466
501
534
584
.„
United
States
notes
279
283 ;
294
299
305
303
300
305
307
303
306
306
128
126
123
121
119
117
115
112
111
108
108
123
1928 — January
February
March
April
.
May
June
„ „
July
August
September
October^
November
December
Minor
coin
92
92
92
93
94
94
94
95
95
96
97
98
4,327
4,416
4,460
4,472
4,510
4,536
4,500
4,589
4,658
4,642
4,731
4,757
October
November
December
Subsidiary
silver
241
241
242
243
246
247
248
250
252
255
258
261
1923 —January
February
March
April
May
June
July
August,.
September
October
NovemberDecember
July
August
Treasury
notes of
1890
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
11
d
6
6
5
5
5
5
5
5
5
3
3
3
631
645
648
654
660
650
652
651
653
648
639
619
BANKING AND MONETARY STATISTICS
412
NO. 110-CURRENCY IN CIRCULATION-BY KIND, MONTHLY, 1914-1141-Continued
[Outside Treasury and Federal Reserve Banks. End of month figures; in millions of dollars]
Ye-ir and month
Goll
eerti^cates
Gold
coin
Total
Standard
silvedollars
Silver
certificates
84
80
75
73
72
70
69
66
65
63
64
81
799
841
873
880
954
995
,002
,051
,026
,020
,076
,118
40
39
39
39
39
39
38
38
38
37
37
37
381
384
386
382
392
387
381
390
391
391
400
404
4,323
4,333
4,321
4,365
4,415
4,535
4.550
4,765
4,959
5,253
5,249
5,360
71
69
67
65
66
76
76
76
89
100
96
122
,056
,061
,047
,035
,020
997
970
989
1,037
972
928
877
35
35
35
34
34
34
34
34
34
33
33
33
1932- -January
„„ ..„„
February
..
March __«,„„«,„„«,_.,„
April . _ „ „ . _ - _ ,
May
June _ . _ _ , , _ . _ _ « , _ . , _ „ „
July
- ..
August
September „ _ . _ „ „ „ „ „
October
November. .„. = _.. = ..
December
5,354
5,317
5,172
5,178
5,193
5,408
5,439
5,405
6,366
5,341
5,361
5,388
120
119
117
124
148
166
167
162
158
158
167
181
850
820
779
758
735
716
694
669
644
624
636
601
1933" -January
.,„_«, _ .
February
March,
April
May
June . . ,..,.,«,.,»
July
August
„ .„„._»
September .. , . . „
October
November „ _ _ _ _ _ „ _ , . „ _
December
..„ .
5,358
6,258
6,033
5,710
5,525
5,434
5,343
5,325
5,383
5.348
5,455
5,519
192
284
80
48
37
34
33
32
25
25
24
24
1934 January
February = <,„_,„ . „ . .
March
April
May
- ... .....
5,289
(')
5,354
5,394
5,368
5,357
5,373
5,317
5,396
5,456
5,453 _ - „ - - „ . . _
5,549
5,536
—
1930 =January
. „„ ,„ .
February
March
„_,,-,.,__
April
May
. .... — _
June
July
- .- — — ...
A upiust
September, „ . _ _ _ „ „ , - _
October
...„..,.
November
December
4,275
4,292
4,262
4,189
4,264 i
4,235
4,139
4,246
4,214
4,206
4,373
4,603
1 931=— January
... = . = = _.
February
March _ . _ _ „ „ _ = „ _ „ _
April
May »...__. = = .. = .»
Jun6
- *
July
.............
August
September. =„„.,_..„„
October
...
November
December
, „ „
July,
August
._
September
October — _.
„-.
November
December- ...____....
5,380
5,467
5,493
5,478
5,540
5,568
5,518
5,629
5,683
Se pte mb c r
October ...... _.....! 5,713
5,846
November. ..........
December
. „ . » . _ 5,882
1936=- January „ _ . _ _ . _ . _ . , _ _
February.
March . , .„ .....
April... —
....
May
June
.
.
July
.........
5,737
5,846
5,877
5,886
5,953
6,241
6,162
6,227
6.267
6,351
6,466
December... ......... 6,543
For footnote see opposite page.
February ............
March
„„ =~
April
May------June...
.....
July
August
, , September.-.,,
...
October
.........
•
-
.........
Treasury
notes of
1890
1
1
1
1
Subsidiary
s:3ver
Minor
coin
United
States
notes
Federal Federal
Reserve Reserve
notes ! Bank
notes
National
bank
notes
,678
,028
,572
,484
,467
,402
,320
,353
,359
,350
,440
,041
3
3
3
3
3
3
3
3
3
3
3
3
632
048
647
045
348
651
640
648
636
641
648
623
281
280
- 280
281
281
281
280
280
281
281
281
281
117
117
117
117
117
117
117
117
118
118
118
119
267
269
269
277 !
290
288
288
298
297
300
304
296
372
373
372
375
380
377
375
380
382 i
388
387
389
270
270
271
272
273
273
271
271
273
271
272
271
116
116
116
117
117
117
117
117
117
117
117
117
289
295
289
295
300
299
301
301
299
300
294
288
,470
,461
,471
,518
,566
1,708
1,749
1,947
2,080
2,412
2.403
2,003
3
3
3
3
3
3
3
3
3
3
3
3
640
649
848
051
655
648
647
646
645
657
655
656
32
31
31
30
30
30
30
30
29
29
29
29
367
363
355
356
355
353
351
350
359
361
301
371
260
260
259
257
257
256
254
255
257
257
258
258
115
114
114
114
114
114
113
113
113
113
113
113
282
280
274
282
290
289
289
2S5
280
289
291
294 i
2,648
2,034
2,540
2,551
2,558
2,780
2,838
2 793
2,731
2,089
2,075
2,716
3
3
3
8
3
3
3
3
3
3
3 i
3
677
691
093
703
702
701
700
744
785
817
820
820
591
649
393
323
280
265
252
242
232
225
219
213
28
28
28
28
28
28
28
28
28
29
29
29
350
362
376
360
359
361
365
372
385
387
394
407
250
252
258
255
250
257
258
261
265
267
269
272
111
112
112
112
113
113
114
115
110
117
117
287
301
266
261
265
209
275
277
280
277
285
280
2,707
3,405
3,621
3,302
3,167
3,001
2,974
2,953
2,966
2,930
2,998
3,044
3
3
17
50
99
126
129
133
166
189
200
208
836
861
879
915
922
920
914
911
909
903
913
918
178
107
101
157
153
150
140
143
139
136
133
130
29
29
30
30
30
30
30
31
31
31
32
32
301
399
403
400
402
401
399
488
483
510
558
592
287
270
272
274
277
280
280
282
284
288
291
294
116
117
118
118
120
119
121
122
122
123
124
125
283
289
289
282
279
280
277
274
274
273
273
265
2 894
2,949
3,005
3,025
3,038
3, Of 8
3,044
3,103
3,131
3,124
3,176
3,176
202
194
178
162
151
142
133
125
119
112
107
101
927
938
936
918
606
902
885
878
870
856
853
820
127
126
123
121
119
117
115
114
112
111
110
109
31
31
31
32
32
32
32
33
33
33
34
34
580
599
623
653
695
701
702
739
756
773
812
628
287
289
290
294
296
297
298
298
302
300
309
312
123
123
123
124
125
125
125
120
127
128
130
131
259
263
204
268
281
285
280
283
280
281
284
275
3,048
3*119
8,135
3,120
3,159
3,223
3,232
3,362
3,439
3,495
3,012
3,607
97
94
92
88
85
81
78
75
73
70
08
66
827
823
810
778
747
704
654
590
653
514
487
458
107
106
104
103
102
101
100
99
98
97
96
95
33
34
34
34
34
35
35
36
37
37
37
38
809
841
864
886
914
955
958
986
998
1,020
1.051
1,057
303
304
307
309
312
316
318
321
326
329
334
337
129
129
131
132
133
135
136
137
138
259
254
245
249
205
278
274
278
278
282
289
289
3,698
3,690
3,727
3,720
3,760
4,002
3,937
3.978
4,011
4.070
4,156
4.233
63
60
58
50
54
52
50
48
47
40
45
44
436
421
400
391
378
306
352
342
332
324
310
307
in i
13d
141
142
CURRENCY
413
NO. 110-CURRENCY IN C1RCULATION-BY KIND, MONTHLY, 1914-1941-Continued
[Outside Treasury and Federal Reserve Banks. End of month figures; in millions of dollars]
Total
Year and month
1937— January
• February
March
April
May
, --
November
December
1 938— January
February
March
April -
May
-.
,
July
September.
October
November
December
__.
._
May
July
September
October...
December
-.
1941— January
February
March
April
-_
May
... „.
June
..
July
August
_
September
October
_
N ovember.. _ .. _
December
1
Standard
silver
dollars
Silver
certificates
Treasury
notes of
1890
37
37
37
37
38
38
38
39
1,012
1,022
1,022
1,039
1,062
1,078
1,088
1,115
1,127
1,129
1,144
1,137
1
1
1
1
1
1
1
1
94
92
91
90
89
88
87
86
83
40
6,320
6,334
6,355
6,397
6,467
6,461
6,452
6,504
6,622
6,700
6,787
6,856
82
39
86
85
84
81
81
80
79
78
78
77
77
76
76
75
39
39
40
41
42
1,085
1,097
1,125
1,162
1,215
1,230
1,247
1,263
1,292
1,297
1,312
1,339
39
39
39
39
39
40
40
40
41
1
1
Subsidiary
silver
329
329
333
335
338
341
341
345
348
349
Minor
coin
140
140
141
142
143
144
144
146
147
147
148
1
352
1
350
148
1
339
145
1
1
1
1
1
1
1
338
338
339
341
342
341
344
284
285
284
283
264
267
263
264
268
262
258
262
264
269
348
351
147
148
356
357
276
288
287
291
289
281
286
286
144
144
144
145
146
145
146
1
I
1
1
United
States
notes
151
151
Federal
Reserve
Bank
notes
National
bank
notes
,118
< ,155
,139
,171
,189
,169
,175
.213
,222
,238
,232
,237
42
41
40
40
38
38
37
36
300
294
287
281
276
269
263
258
,099
,104
,106
< ,112
,127
< ,114
,098
33
M29
269
257
,215
,282
< ,349
,405
35
35
34
33
32
32
31
31
30
30
29
253
248
243
239
234
231
227
224
220
217
214
211
29
28
208
206
28
28
203
201
75
74
74
73
72
72.
71
71
71
70
70
69
41
41
41
42
42
42
43
43
43
44
44
45
1,269
1,327
1,378
1,385
1,417
1,454
1,446
1,465
1,488
1,485
1,530
1,554
1
1
1
1
1
1
1
1
1
1
1
348
350
352
354
358
361
362
365
369
373
379
381
149
150
151
152
154
155
156
157
159
161
163
164
244
246
251
255
259
266
264
267
269
267
269
272
4,301
4,320
4,350
4,426
.449
,484
,496
t
,SQ5
,688
,739
',826
,912
27
27
27
26
26
26
25
25
25
24
24
24
198
195
193
191
189
186
184
182
180
178
177
175
7,376
7,455
7,511
7,559
7 710
7,848
7,883
8,059
8,151
8,300
8,522
8,732
69
68
68
68
67
67
66
66
66
65
44
45
45
45
46
46
46
47
48
48
1
1
1
1
1
1
1
1
1
1
372
373
375
377
382
384
386
389
394
400
163
163
164
166
168
169
172
174
177
180
265
271
260
248
241
248
240
258
269
264
183
185
275
290
173
171
170
168
167
165
164
162
161
160
407
412
4,796
4,839
4,896
4,906
5,025
5,163
5,212
5,334
5,409
5,541
5,706
5,883
23
23
23
23
23
22
22
22
22
22
49
50
1,469
1,500
1,508
1,557
1,590
1,582
1,665
1,605
1,615
1,620
1,658
1,667
50
50
51
51
52
53
54
55
56
57
59
60
1,595
1,635
1,651
1,654
1,697
1,714
1,691
1,723
1,724
1,715
1,737
1,733
1
1
1
1
1
1
1
1
1
403
406
413
418
426
434
438
445
455
463
474
481
183
184
186
189
191
194
196
199
202
205
208
209
278
278
277
274
286
300
307
313
314
317
321
313
5,842
5,985
6,106
6,247
6,468
6,684
6,813
7,027
7,181
7,378
7,615
8,138
21
21
21
21
20
20
20
20
20
20
20
19
8,593
8,781
8,924
9,071
9,357
9,612
9,732
9,995
10 163
10,364
10,640
11,160
65
65
*
64
64
64
63
63
63
63
62
62
62
61
61
1
1
1
1
Gold coin not shown beginning with January 31, 1934. For further explanation see introductory text, p. 407.
Federal
Reserve
notes
6,653
6,731
6,817
6,905
6,967
7,047
7,049
7,171
7,293
7,342
7,483
7,598
1939— January
February
March
April
1 940—January
February
March
April
May
June
.
July
August
September
October
November
December
Gold
certificates
6,349
6,399
6,377
6,426
6,462
6,447
6,460
6,524
6,542
6,555 —
6,561
6,550
,
.
June
July
August
September
Gold
coin
21
21
160
167
156
156
154
153
152
160
149
148
147
146
145
144
414
BANKING AND MONETARY STATISTICS
NO. 111-CURRENCY IN CIRCULATION-BEFORE AND AFTER ADJUSTMENT FOR SEASONAL VARIATION, MONTHLY, 1919-1941
[Outside Treasury and Federal Reserve Banks. In millions of dollars]
UNADJUSTED TOTALS-ANNUAL AND MONTHLY AVERAGES OF DAILY FIGURES
Annual
average .
..
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
„..,.
1941
June
July
4,763
4,944
4 645
4,998
4 655
5 111
4 683
5 085
4 654
5 127
4 604
5 161
4
cft0
5,114
4,240
4,392
4,560
4,576
4,976
4,164
4,385
4,545
4 518
4
4
4
4
4
917
196
426
583
528
4 791
4 195
4,444
4 599
4 517
4'
4
4
4
4
4
4
4
4
d
4
4
4
4
570
156
525
523
4,604
4,617
4,498
4,461
4,365
4,567
4,556
4,422
4,399
4,267
4 577
4 569
4 423
4,422
4 245
4 595
4 592
4 443
4*, 392
4 231
4 584
4 573
4 435
4*397
4 210
4 594
4 544
4 449
4*400
4 202
4 564
4 459
4*477
4 196
4,408
5,358
5,344
5,382
5,411
4,311
5,340
5,605
5,339
5,439
4,303
5 244
6,711
5 368
5,477
4,360
5 165
5,850
5 366
5,500
4 392
5 169
5 589
5 355
5 507
4 463
5 243
5 455
5 341
S*S92
4 549
5 464
5*388
5 350
5 550
6,101
6,475
6,510
7,058
7,879
„„...„„
1936
1937
1938
1939 . .
1940
May
4,672
5,328
5,576
5,403
5,585
... .
Apr.
4,645
4,605
4,496
4,476
4,245
.....
Mar.
5,757
6,400
6,397
6,712
7,443
5,779
6,369
6,319
6,697
7,426
5 857
6,391
6 338
6,764
7 488
5 892
6,397
8 387
6,867
7 532
5
6
6
6
7
6
6
6
6
7
062
435
433
966
752
6 203
6 475
6 464
7 051
7 884
e dS"? !
9,594
1921
1922
1923
1924
1925
Feb.
4,663
4,248
4,535
4,592
4,582
1919
1920
Jan.
4,729
5,191
Year
8,591
8,679
8,835
8,995
9 193
9 442
9 670
9
July
Aug. 1 Sept.
755
163
477
579
504
918
426
415
919
617
649
142
492
543
wn
Aug.
Sept.
Oct.
4 ft*>ft 4,702
5 ^99
5,313
5 191
HR1
A
(lift
A Cfl7
A E-IO
A ti'lfi
d fi9Q
4
R9 >- % ••
d
<SPi9
JEfl ;
4
4 490
d 1SQ
4 fiftft
§ d^9
!l
5
5 329
*jee
5 576
6
I
1Q1
fi tuih i
7 098
7 QR?
Deo.
i
8'^Q
4,819
5.386
': 4,921
4,405 1
4,205
4,614
4,566
4,621
A AQA
4
Nov.
4.434
4,356
4,654
4,604
4,658
4,386
4,384
4,666
4.6S3
4,673
4,431
4,540
4,784
4,801
4,832
4,682
4,630
4,517
4,524
4,206
4,714
4,64?
4,549
4,523
4,214
4,718
4,649
4.573
4,558
4,241
4.844
4,781
4,721
4,656
4,536
4,846 5,191
5,398
5,356
5,345
5,369
5,427
5,473
5,651
5,704
5,231
5,356
5,394
5,494
5,770
5,324
ii.412
8,524
6,258
6,558
6,570
7,249
8,095 :|
10,061
5.055
5,375 5,371
<i]897
6,321 6,401
(i.663
6,566 i 6,558 ; (1,618
6.66S
6,750
fi.SSS
7,328
7.413 ,7.609
8,226
8,415
8,688
10,270
10,496
10,985
SEASONAL ADJUSTMENT FACTORS'
Year
Jan.
Feb.
2
Mar.
Apr. 2
May
June
..
..
.
.
1921
1922
1923
1024
1925
.
.
.. . .
.. .
..
.
.. . .
. .
.
,
1926
1927
. .., .
.
.. .
1928
1 2 . . — — .. . — . ..
99.—
. ... .
1930
.
.
... ..
.. .
1931-41
—5
-5
—65
—65
—45
—45
—50
—50
50
—50
65
65
—5
-5
—5
-15
-15
—65
—65
—65
-65
-65
—35
45
—35
45
—45
— 60 •
—50
—60
—50
—50
50
—55 i
55
—55
—60
65
65
65
65
65
— 15
-20
—20
-20
-20
—65
-70
70
-70
-70
—55
55
—60
-50
—60
—15
1919
1920
—60
a—50
—45
—45
—45
-55
—45
3— 45
60
—60
—60
-60
—60
dfl
CA
Aft
50
50
50
50
-=dft
Af\
Af\
dft
ic
60
Aft
45
45
-45
45
65
65
55
-55
55
—55
•O 1
GA
50
dfi
«}C
«35 i
oe
AK
iK
Oct.
Nov.
Dec.
+30
+30
+75 !
+75 ;
+90
+175
+80 : +175
+30
+30
+30
+30
+30
+75
+75
+70
+65
+65 ;
+90
4-85
+80
+80
+80
-175
--185
-195
-210
-.>215
+30
+30
+25
-•-25
+25.
+65
+65
+60
+60
+60
*80
+85
4-85 i|
+85 :'
+85
+215
4220
+220
+220
+220
+25
+60
+90
+2<M)
1
ADJUSTED TOTALS-MONTHLY AVERAGES OF DAILY FIGURES
Jan.
Feb.
4,770
4,950
4,710
5,065
4,700
5.155
5,120
4,245
4,395
4,575
4,590
5,040
4,230
4,450
4,610
4,585
4,950
4,240
4,460
4,630
4,575
4,850
4,245
4,505
4,650
4,565
4 805
4,220
4,530
4 635
4,565
„--
4,620
4,635
4,520
4,480
4,385
4,630
4,625
4,490
4,470
4,335
4,630
4,625
4 485
4,470
4,305
4,640
4,635
4 490
4,445
4,275
..... _ _ _
.... ....
4,425
5,375
5,360
5,395
5,425
4,370
5,400
5,665
5,400
5,500
4,355
5,285
6 760
5,410
5,525
.....
.
i.
5,770
6,415
6.410
6,725
7,460
5,840
6,430
6,380
6,755
7,485
..
..... ....
8,605
8,740
Year
1919
„
1920....
..
-
1921
1922..
1923.
1924
1925
...
„-„—-
1926....
1927.....
1928
1929....
1930..-..-
1931
1932
1933
1934
1935
„
1936
1937
1938
1939
1940
1941
.
_..-..._—
...._...-.„..
„
..
..
1
Mar.
April
May
June
July
Aug.
4,735
5,135
4 705
5,175
4 670
5 225
4 660
5 240
d fifii
5 260
4 715
4,205
4,555
4 610
4,570
4 620
4,205
4,575
4 575
4,555
eije
4,645
4*635
4 495
4,455
4,270
4,660
4,610
4 505
4,455
4,255
4,405
5 220
5 895
5,420
5,545
4 445
5 225
5 645
5,410
5 560
5,905
6,430
6,390
6,815
7,530
5,935
6 450
6,430
6,910
7,585
8,885
9,040
Sept.
Get,
I
Nov.
Dec,
4,670 i
5,285
4,745
4.830
5,3105. 285
4,880
5,195
4
4,200
4,585
4 555
4,570
4,435 i
4,235
4,585
4,535
4,590
4,360
4,280
4.5S5
4.540
4,595
4.295
4^00
4.58S
4,605
4,593
4,255
4,355
4,590
4 C 590
4,615
4,675
4,610
4 505
4,520
4,240
4,665
4,600
4,650
4,600
4 490
4,500
4480
4,650
4,580
4,490
4,465
4,155
4,640
4,565
4,490 j
4,475
4,155
4 525
5 305
5 515
5*400
5 580
4 595
5 510
5 435
5 395
5 595
4 ?ni
5 d7<\
5 975
6 480
6 470
6 975
7 670
6 120
6 495
6*495
7 025
7810
6
c
6
7
7
6 ooe
S ^d^
6 GfJS
T ld^
8 fit A
9,250
9 500
0 715
250
520
510
095 j
930
4 dOfl
4,525
4,225 f
e «7t
5 400
e BOA
9 §83
!
4,630
4, MO
4,500
4,435
4,315
4,820 5,130
5,375 ;, 5,295
5,320
5,310 !
5,400
5*415
5,625
5,645
5,140 5,125
5.265 5.210
5.305
5,325
5,405 ; 5,376
5,680
5,695
6,235
6,535
6,545 i
7,225
8,070
6,310
10,035
6,260
6,505
6,610
7,270
8,165
10,210
6,365
6,420
6]66©
6,690
7,325 7.410
8,325
8.490
10,405
10,785
To adjust figures on currency in circulation for seasonal movements these factors should be subtracted from the monthly averages of daily
figures. For a discussion of this table see introductory text, p. 405.
-«•**« «• *•-» **
a
Includes adjustment for the changing date of Easter.
» March adjustment factor should be 40 million dollars and that for April 55 million dollars in 1932, 1934 1937 and 1940
CURRENCY
415
NO. 112-CURRENCY IN CIRCULATION-PAPER MONEY BY DENOMINATIONS AND COIN,
MONTHLY, OCTOBER 1930-DECEMBER 1941
[Outside Treasury and Federal Reserve Banks. End of month figures; in millions of dollars]
Year and month
Total
currency
in
circulation 1
Large denomination currency
Coin and small denomination currency
Small denomination currency
Coin
TotaP
Total
Gold
Other
Total
$1*
12
$5
910
$50
$100
$500
$1,000 $5,000 $10,000
$20
4,206
1930-=- October
November.... 4,373
December.... 4,603
3,676
3,767
3,875
63
64
81
436
437
437
3,177
3,266
3,357
389
397
404
43
43
45
661
676
696
1,029
1,059
1,083
1,054
1,091
1,130
644
704
852
4,323
4,333
4,321
4,365
4,415
^lay
4,535
4,550
July
4,765
September.... 4,959
5,253
October
November..., 5,249
December... _ 5,360
3,638
3,631
3,614
3,638
3,666
3,710
3,71,0
3,828
3,913
4,066
4,059
4,127
71
69
67
65
66
76
76
76
89
100
96
122
421
421
422
423
424
425
422421
423
422
422
421
3,146
3,141
3,125
3,150
3,176
3,209
3,212
3,331
3,401
3,544
3,541
3,584
370
371
369
373
377
374
373
378
382
385
385
388
41
41
40
41
40
39
39
39
39
39
39
40
644
637
630
630
639
644
640
659
664
685
682
684
1,012
1,013
,015
,021
,030
,037
,041
,077
,089
,136
,134
,145
,078
,078
,070
,085
,090
,115
,118
,178
,226
,299
,301
,329
789
784
785
847
861
932
949
,047
,154
,278
,281
,336
5,354
5,317
5,172
5,178
5,193
5,408
5,439
July
5,405
August
September, __«, 5,366
5,341
October
5,361
November
5,388
4,024
4,004
3,900
3,897
3,905
3,966
4,006
3,987
3,986
3,983
4,001
4,035
120
119
117
124
148
166
167
162
158
158
167
181
407
406
404
401
401
400
397
398
399
400
401
400
3,497
3,479
3,379
3,372
3,356
3,400
3,442
3,427
3,429
3,425
3,433
3,454
366
361
353
352
353
350
348
348
356
358
358
368
37
37
36
35
35
34
33
33
33
33
34
34
650
643
624
629
625
623
625
623
627
629
628
635
,116
,113
,077
,076
,069
,081
,101
,097
,102
1,103
1,098
1,109
,329
,326
,289
,280
,275
,313
,335
,326
,311
,301
,315
,307
,410
,387
,343
,349
,362
,513
,506
,491
,458
,435
1,434
1,435
5,358
6,258
6,033
5,716
5,525
5,434
5,343
5,325
5,363
5,348
5,455
5,519
3,967
4,413
4,358
4,132
3,980
3,950
3,930
3,951
4,014
4,015
4,103
4,167
192
284
80
48
37
34
33
32
25
25
24
24
390
392
399
395
396
397
399
403
408
412
415
418
3,385
3,737
3,879
3,689
3,547
3,519
3,498
3,516
3,581
3,578
3,664
3,725
350
361
375
358
356
355
360
366
380
382
388
402
32
33
33
32
32
32
32
33
33
33
33
33
615
675
729
688
660
654
656
664
685
682
702
719
1,077
1,190
,254
,205
,150
,143
,138
,153
,181
,178
,205
,229
,311
,478
,488
,406
,349
,335
,312
,300
,302
,303
,336
,342
1,464
1.924
1,778
1,664
1,554
1,490
1,419
1,380
1,356
1,338
1.358
1,360
404
391
377
367
362
357
362
364
686
662
636
620
612
607
613
618
153
145
136
131
127
124
125
125
288
273
254
240
239
232
239
237
12
9
8
7
7
7
7
8
10
10
10
10
10
12
12
10
0)
412
417
420
422
427
430
431
435
437
442
447
452
3,578
3,664
3,691
3,667
3,661
3,677
3,642
3,720
3,775
3,772
3,861
3,841
.386
393
397
394
396
396
393
403
411
410
422
423
'32
,33
33
33
33
33
32
33
32
32
32
32
699
722
730
722
719
724
719
741
755
752
776
771
,288
,173
,304
.212
,302
,230
,292
,225
,288
,225
,293
,231
,219 ' ,277
,294
,250
,311
,266
,314
,265
,332
,300
,326
,288
1,307
1,294
1,295
1,287
1,280
1,275
1,254
1,251
*,256
1,252
1,249
1,254
350
347
346
342
341
342
336
335
336
335
337
337
593
58 J
584
581
579
579
569
568
571
571
571
577
119
117
117
117
116
117
213
112
113
112
111
112
228
22.
230
230
228
225
223
222
223
221
214
216
7
7
7
8
7
6
5
5
5
5
5
5
10
10
9
9
9
7
8
441
443
445
449
453
454
455
457
463
467
472
478
3,707
3,782
3,790
3,758
3,810
3,816
3,763
3,871
3,909
3,920
4,030
4,041
401
407
410
411
420
419
415
424
433
435
448
460
32
31
32
32
32
32
31
32
32
32
32
33
740
755
754
749
760
760
755
778
788
787
815
815
,240
,275
,285
,266
,290
,296
,273
,324
,334
,337
,380
,373
,293
,314
,'309
,300
,c09
,309
,289
,313
,321
,329
,354
,359
1,246
1,257
1,267
1,278
1,287
1,303
1,303
1,312
1,324
1,336
1.349
1,369
336
340
341
340
343
349
344
347
349
354
356
358
571
575
578
580
588
598
596
598
603
610
617
627
111
112
113
116
115
116
116
116
118
119
120
122
214
217
221
230
225
225
231
233
232
233
234
239
5
6
6
5
6
6
7
7
7
7
7
7
465
467
472
475
480
486
490
494
501
505
513
517
3,913
4,001
4,014
4,017
4,074
4,279
4,227
4,285
4,304
4,374
4,459
4,503
434
434
439
442
451
463
460
471
477
484
492
499
32
32
32
'31
32
33
32
32
33
33
33
35
782,
802
804
804
820
850
844
863
868
882
900
906
,333
,373
,378
,379
,402
,468
,459
,482
,488
1,516
1,548
1,563
,332
,360
,361
,360
,369
,466
,431
,436
,437
,460
,486
,501
1,367
1,386
1.399
1,404
1,409
1,479
1,449
1,452
1,467
1,478
1.601
1,530
355
361
362
360
363
398
383
381
383
385
390
399
627
633
641
643
648
683
667
• 667
673
679
690
707
122
123
125
126
127
127
127
128
130
132
132
135
240
243
247
249
246
245
247
250
253
255
258
265
i
1931 January
February
March
1932
Tanuary
February. _ „ _ „
IVIarrh
April
May
1 933 January
March
April
May
June. _ , _ . . _
July
August
September....
October
November
December,...
5,289 .3,990
5,354 4,081
5,394 4,111
5,368 4,089
5,357 4.088
5,373 4,107
5,317 4,073
July
5,396 4,155
August
September. ... 5,456 4,212
5,453 4,214
October
5.549 4,308
November
5,536 4,293
December
1934—January
February.....
March
April
May
1935— January
February
March.
April
._
May
June
-_
July
August — „ —
September.. „_
October
November „
December
5,380
5,467
5,493
5,478
5,540
5,568
5,518
5,629
5,683
5,713
5,846
5,882
5,737
1936—January
5,846
February
5,877
March
5,886
April ., _
5,953
May _-, 6,241
June
July
- 6,162
6,227
August
September
6,267
October..
. 6,351
6.466
November
6,543
December
,148
,225
,235
,207
,263
,270
,218
,328
,372
,387
,502
,519
,378
,468
,486
,492
,554
,765
,717
,779 _I"II
,805
,879
,972
5,020
For footnotes see end of table, p. 416.
8
7
7
7
7
7
7
6
7
7
7
10
7
8
8
9
8
10
11
14
14
16
16
17
18
17
19
19
18
19
19
21
19
23
18
BANKING AND MONETARY STATISTICS
416
NO. m-CURRENCY IN CIRCULATION-PAPER MONEY BY DENOMINATIONS «nu COIN,
MONTHLY, OCTOBER 1930-DECEMBER 1941-Continued
[Outside Treasury and Federal Reserve Banks. End of month figures; in millions of dollars]
Year and month
Total
currency
in
circu- Total
lation1
Coin and small denomination currency
Large denomination currency
Small denomination currency
Coin
Gold Other
Total
«.
$2
$5
$10
Totals
$50
$100
$500 $1,000 $5,000 $10,01)0
$20
1937—January . ......
February.. _
March
April
May... _ _ _ „ - . , „
June
July..........
August
September,....
October,,...^..
November. .„„
December . ...
6,349
6,399
6,377
6,426
6,462
6,447
6,460
6,524
6,542
6,555
6,561
6,550
4,833
4,872
4,859
4,922
4,958 „....
4,926
4,942
5,007
5,019
5,029
5,043
5,014
506
506
511
514
518
523
523
529
534
535
540
537
472
4,327
475
4,366
4,348
470
482
4,408
489
4,440
487
4,403
4,419 ! 488
4,478
498
503
4,485
502
4,494
504
4,503
4,477
505
33
33
33
33
33
34
33
33
33
33
33
33
864
874
869
883
893
885
894
907
908
909
912
905
1,500
1,519
1,519
1,542
1,558
1,539 i
1,550
1,574
1,574
1,576
1,574
1,560
,458
,464
,451
,468
,466
,458
,454
,466
,467
,474
,480
,475
1,525
1,538
1,520*
1,507
1,507
1,526
1,520
1,520
1,527
1,531
1,525
1,542
393
395
386
381
380
384
381
382
382
384
381
387
702
706
696
687
689
699
697
698
702
704
701
710
135
135
136
137
136 j
138
137
137
138
138
136
139
269
273
275
277
278
283
283
283
285 i
286
287
288
6
5
6
18
id
18
17
17
14
15
14
14
13
14
12
1938 January,. „_.„.,
February
March. .......
April
May
June...........
July...........
August. .._,.,..
September...,.
October.......
November....
December.....
6,320
6,334
6,355
6,397
6,467
6,401
6,452
6,504
0,622
0,700
6,787
6,856
4,789 ...—
4,798
4,784
4,807 —
4,856
4,837
4,836
4,885
4,970
5,021 ._.—
5,096
5,147
522
520
521
522
526
527
520
530
536
540
548
550
4,267
4,278
4,264
4,285
4,330
4,310
4,310
4,355
4,434
4,481
4,548
4,597
474
473
473
476
487
481
481
488
501
505
511
524
31
32
31
31
32
31
31
32
32
32
33
34
856
863
860
866
877
875
879
891
912
923
936
946
1,482
1,489
1,487 I
1,498
1,512
1,503
1,508
1,528
1,556
1,572
1,599
1,611
,424
,421
,412
,414
,422
,420
,410
,416
,434
,450
,469
,481
1,532
1,538
1,573
,593
,616
,627
,618
,622
,656
,683
,696
,714 ;
382
382
385
388
389
391
388
389
396
400
404
409
705
708
718
725
727
732
727
727
744
754
761
770
138
138 1
144
146
152
152 !
152
152
156
157
158
160
288
291
300
304
307
303
307
308 i
317
321
323
327
7
7
9
12
17
17
17
17
17
18
17
17
12
13
18
13
24
25
27
29
25
33
32
32
1939 -January
February.......
March, „._«.„.„
A pri 1
May...,. ......
June
July
August. ......
September.,..
October........
November.,.,,.,
December....
6,653
6,731
6,817
6,905
6,967
7,047
7,049
7,171
7,293
7,342
7,483
7,598
4,953
5,011 ----5,049
5,069
5,109 — —
5,164
5,169
5,253
5,329
5,363
5,478 ""II
5,553
538
541
544
548
554
558
561
560
571
577
586
590
4,414
4,470
4,500
4,521
4,555
4,605
4,008
4,089
4,759
4,787
4.893
4,902
492
498
503
505
513
514
514
521
532
535
545
559
904
32
919
33
928
33
32
929
937
33
947
33
947
33
960
34
980
34
982
34
35 1,004
36 1,019
,705
403
,721 1 406
,770 i 411
,838
418
,861
422
,887
428
,885
426
,922
433
,965
440
,981
445
2,007
452
2,048
460
768
774
799
829
836
848
847
857
876
884
896
919
160
161
165
170
172
176
175
180
185
186
188
191
329
335
349
370
380
388
391
405
413
415
420
425
17
17
17
18
17
17
17
17
20
20
20 s
20
28
28
28
1940 --January......
February
March
April .
May
June
July..........
August _ _ . . , „ . , ,
September....
October
November. ,.„„
December.
7,376
7,455
7,511
7,559
7,710
7,848
7,883
8,059
8,151
8,300
8,522
8,732
5,332
5,397
5,414
5,437
5,519
5,584
5,599
5,748
5,814
5,911
6,098
6,247
579
581
584
588
595
599
604
611
618
627
639
648
4,754
4,816
4,830
4,850
4,924
4,986
4,995
5,138
5,196
5,283
5,461
5,599
.526
530
531
534
546
546
544
556
566
575
591
610
34
34
33
34
35
35
35
36
36
36
38
39
970
980
989
992
1,009
1,015
1,013
1,044
1,055
1,068
1,107
1,129
1,692
1,723
1,731
1,739
1,766
1,791
1,798
1,858
1,876
1,908
1,977
2,021
,532
,543
,546
,551
,568
,599
,605
,644
,663
,696
,748
,800
2,047
2,061
2,101
2,126
2,193
2,264
2,286
2,313
2,340
2,392
2,426
2,489
920
930
941
951
979
1,013
1,025
1,035
1,048
1,071
1,089
1,112
191
191
194
195
202
210
211
213
216
223
225
227
426
427
432
439
464
481
480
493
496
508
512
523
20
20
24
30
26
26
26
26
25
25
26
30
33
34
49
48
50
50
49
51
52
52
51
1 94 1 •= January „ , „
February....,
March.. „.....„
April. .............
May.........,,.,..
June
July. ........
August..
September..,:, .„
October „...„„„
November....
December.....
8,593
8,781
8,924
9,071
9,357
9,612
9,732
9,995
10,163
10,364
10,640
11,160
6,094
0,243
6,342
6,430
6,083
6,890 •"Ill6,992
7,237
7,378
7,537
7,709
8,120
635
641
650
658
669
081
088
700
713
725
738
751
5,459
5,603
5,092
5,773
0,014
6,209
6,305
6,539
6,666
6,811
7,029
7,370
577
582
590
595
615
025
620
041
058
663
675
695
37
38
38
39
40
41
40
42
42
41
43
44
1,091
1,116
1,132
1,135
1,176
1,207
1,215
1,257
1,270
1,287
1,318
1,355
1,973
2,041
2,074
2,112
2,211
2,289
2,334
2,430
2,469
2,527
2,610
2,731
,781
2,502 : 540 1,126
230
2,541
232
551 i ,144
2,583
500 ,163
238
2,642
241
573 ,197
242
587 ,218
2,675
2,725 1 607 ,244
244
2,742 ! 615 ,257
244
2,760
244
630 ,274
2,787
243
645 ,293
2,830
058 ,316 1 245
2,874
674 ,343
248
3,044
724 1,433
261
530
535
543
550
546
548
544
543
537
539
538
556
24
24
24
25
24
24
24
24
24
25
24
24
52
55
56
66
57
57
58
46
46
47
47
40
L..~
......
,440
1,546
,446
1,574
1,594
,448
,453
1,602
,458
1,614
1,638
,473
1,644
,470
1,681 ' ,487
,507
1,706
,526
1,710
,557
1,752
1,772
,576
!858
,892
,972
2,047
2,090
2,169
2,227
2,293
2,383
2,545
;
|
!l
•
I;
!
S
1
457
459
460
463
471
485
489
495
503
512
523
53S
8
9
9
9
8
8
7
7
20
28
30
30
30
32
32
1
For explanation of difference between currency in circulation and total of coin and paper currency shown by denominations, see introductory
text,2p. 407.
Paper currency only; $1 silver coins reported under coin.
3
Separate figures for various denominations of currency not available prior to May 1933.
4
Gold coin not shown beginning with January 31, 1934. For further explanation see introductory text, p. 407.
CURRENCY
417
NO. 113-SHIPMENTS AND RECEIPTS OF UNITED STATES PAPER CURRENCY TO AND FROM EUROPE, 1923-1941
SHIPMENTS AND RECEIPTS, MONTHLY, MAY 19ZS-DECEM8ER 1941
[By selected banks and financial institutions in New York City. In thousands of dollars]
Net
Net
ShipshipReShipShipshipReYear and
ments
Year and
ments
ceipts
ments
ments
ceipts
ments
Year and
month
(-)or
month
from
to
to
month
from
(-)or
to
Europe
net
Europe Europe
net
Europe Europe
receipts
receipts
(+)
(+>
1 935-= January . . . 81
1928— January...
460
+4,289
4,749
19231
17,939
7,359
25,298
February.
173
February.
+4,005
400
4,405
1924
.. ,
12,400 59,053 +46,653
March
167
March
+1,472
1,458
2,930
1925
9,660 46,838 +37,178
April
April
373
740
+951
1,691
May. ... 1,012
May
1,075
+1,998
3,073
10,000 33,953 +23,953
1926
June
191
300
+4,259
June
4,559
1927
8,388 47,000 +38,612
July
286
210
+4,798
5,008
July
1928
5,483 41,377 +35,894
282
August
415
+5,209
5,624
August. ...
1929
4,500 31,357 +26,857
721
September
2,511
185
+2,326
1930 . _„ .
September
12,065 38,060 +25,995
October... 2,536
30
+2,934
2,964
October. , .
November 4,203
150
+1,955
2,105
1931
November
40,854 40,008
-846
603
60
1932.
December.
+1,698
December,
567 83,838 +83,271
1,758
1933
554 91,059 +90,505
748
1936— January...
50
1934.
1929— January...
+4,128
4,178
345 40,587 +40,242
13
February.
20
1935
+2,419
2,439
February.
10,628 19,966
+9,338
1,757
March.
6
March
+2,687
2,693
April
1936
3,095
833
April
34,774 26,216
-24
809
-8,558
3,852
May
1937
7
May
21,500 47,550 +26,050
+579
586
3,037
June
1938
470
June
33,105 34,373
+3,026
3,496
+1,268
000
July
1939
49
+4,356
July
9,850 -100,340
110,190
4,405
981
1940.. „ _ _ _ _ _ _ _ . . 17,706
August
428
715 -16,991
+4,423
4,851
August
3,949
814
+2,231
3,045
September
September
1941
+512
October. _. 2,013
489
272
2,138
+217
October... 1,626
63
+1,104
1,167
November 5,960
November
134
December, 8,469
+1,416
1,550
December.
1923— January _._
February..
March
April
May_.,.__
June__._
July
.
August.. __
September
October.,.,.
November
December.
5
251
3,705
1,502
2,026
1,466
1,612
1,452
2,261
2,289
1,157
864
781
851
Net
shipments
(-)or
net
receipts
(+)
+3,624
+1,329
+1,859
+1,093
+600
+1,261
+1,975
+2,007
+436
-1,672
-3.422
+248
2,743
3,317
3,109
938
1,685
1,164
2,348
2,078
1,131
5,422
1,536
745
+1,995
+3,304
+1,352
-2.157
-2,167
-1,873
+1,448
+1,007
-2,818
+3,409
-4,424
-7,724
Receipts
from
Europe
3,843
6,143
4,211
3,378
4,923
3,803
4,981
3,052
1,573
244
556
1,353
+3,838
+5,892
+4,211
+3,224
+4,922
+3,773
+4,951
+2,962
-2,672
-5,868
-316
+1,078
1937— January.. _
February.
March
April.. ....
May
June
July
August...,
September
October...
November
December.
2,092
4,279
968
1,434
909
7,000
809
877
1,946
781
336
69
2,197
3,265
3,728
3,023
1,865
U972
2,586
2,839
2,271
4,531
13,326
5.947
+105
-1,014
+2.760
+1,689
+956
-5,028
+1.777
+1,962
+325
+3,750
+12,990
+5,878
2,696
899
2,966
1,607
7,535
2,950
3,075
3,570
481
1,692
1,122
1,146
535
577
1,462
344
-2,215
+793
-1,844
-461
-7,000
-2,373
-1,613
-3,226
1930— January...
February.
March
April
Mav
June
July
August....
September
October...
November
December.
1924— January... 5,487
February. 5,639
March,...
485
April., .177
May......
172
June..
107
July.....
61
August
67
72
September
October. . .
62
November
69
December.
2
317
621
1,506
2,161
4,552
6,556
8,261
6,057
6,636
7,098
6,133
9,155
-5,170
-5,018
+1,021
+1,984
+4,380
+6,449
+8,200
+5,990
+6,564
+7,036
+6,064
+9,153
470
1931— January...
130
February.
March.,.. 1,380
915
April
2,570
May
8,811
June
10,256
July
August.... 3,226
8,433
September
October... 3,068
52
November
December. 1,523
4,051
960
863
1,469
2,103
779
394
3,723
3,290
11,588
7,039
3,749
+3,581
+830
-517
+554
-467
-8,032
-9,862
+497
-5,143
+8,500
+6,987
+2,226
189
1938—January.,.
28
February.
March.... 1,212
503
April
155
May
379
June.,
85
July
1,052
August
September 14,740
October,. „ 10,593
November 3,430
739
December.
4,658
3,824
2,728
2,618
6,179
3,486
3,753
2,348
978
591
982
2,228
+4,469
+3,796
+1,516
+2,115
+6,024
+3,107
+3,668
+1,296
-13,762
-10,002
-2,448
+1,489
1925 — January. „
February.
March....
April......
May....
June. ..
July. .
August
September
October...
November
December.
+5,181
+7,059
+5,010
+3,097
+3,434
+6,679
' +5,870
+4,054
-3,007
+147
+1,509
-1,855
25
10
37
520
206
3,919
902
235
2,770
5,681
7,573
5,057
3,097
3,444
6,716
6,390
4.260
912
1,049
1,744
915
3,335
5,221
8,468
4,563
10,938
16,265
6,694
6,458
6,603
5,294
6,013
3.986
+3,310
+5,221
+8,468
+4,563
+10,938
+16,253
+6,674
+6,306
+6,567
+5,287
+5,943
+3,741
1939—January... 6,692
February. 3,018
27,269
March
46,087
April
May ... . 3,757
2,905
June
2,212
July
4,669
August
756
September
October... 1,755
November 4,477
December. 6,593
2,024
985
914
327
671
1,085
1,018
915
144
' 243
1,274
250
-4,668
-2,033
-26,355
-45,760
-3,086
-1,820
-1,194
-3,754
-612
-1,512
-3,203
-6,343.
1926— January, __
February.
March....
April
May...,
June
July. .
August
September
October...
November
December.
3,567
1,340
1,429
444
735
480
450
140
220
285
310
600
1,043
824
1,816
1,822
1,009
1,427
5,059
5,507
5,987
4,064
2,917
2,478
5,304
5,589
13,786
8,049
12,523
6,866
11,755
6,153
4,756
5,905
3,397
6,976
+5,301
+5,484
+13,685
+8,024
+12,522
+6,866
+11,751
+6,148
+4,634
+5,816
+3,340
+6,934
1940— January...
February.
March
April
May
.
June
July
August
September
October —
November
December.
5.310
4,691
1,433
3,489
1,139
454
560
314
88
130
100
8
36
7
3
9
120
89
41
3
72
196
130
-5,302:
-4,655-1,426.
-3,4g8,
5,256
3,740
2,200
2,900
3,780
3,471
3.601
5,193
4,254
2,524
2,129
1,539
+5,256
+3,739
+2,200
+2,899
+3,770
+3,463
+3,538
+5.193
+4,231
+2,524
+1,930
+1,499
1941—January. ,.
February
March
April-. „ _ »
May
June
July
August
September
October. .
November
December.
170
126
120
12
10
5
1
19
14
-44,
+ 120;
+ 10,
-90.
+5+1.
+ 19+ 14
4
9
169
+4
+9
+169
500
514
47
-2,524
-516 .
+387
+1,378
+274
+947
+4,609
+5,367
+5,767
+3.779
+2,607
+1,878
192 7 — January. . . 250
3,489
+3,239
4,725
+3,957
February.
768
4,844
+3,722
March.... 1,122
April
1,911
+1.335
576
May
4,178
+3,772
406
4,134
June
996
+3,138
5,335
+4,605
July
730
5,005
August
2,095
+2,910
3.975
975
+3,000
September
2,772
310
+2,462
October...
3,340
50
+3,290
November
3,292
+3.182
110
December.
For footnote see end of table, p. 418.
1932— January...
February,
March
April
May
June
July
August.. _September
October...
November
December.
1933— January ...
February .
March
April
May
June
July
August
September
October,..,
November
December.
1934
January
February.
March....
April ... .
May......
June
,
July
August
September
October
November
December-
154
1
30
30
90
4,245
6,112
872
275.
12
20
152
36
7
70
245
3
105
101
25
1
4
5
122
89
57
42
1
1
10
8
63
23
199
40
2
100
-uisa
-334,
-471
—273.
-85-68;
+96.
+130>
BANKING AND MONETARY STATISTICS
418
NO, US-SHIPMENTS AND RECEIPTS OF UNITED STATES PAPER CURRENCY TO AND FROM EUROPE, IIZMMI-Continued
NET SHIPMENTS OR RECEIPTS, BY COUNTRIES, U1MS41
[By selected banka and financial institutions in New York City. Net shipments (—} and net receipts (+); in thousands of dollars]
-1,255
+28
-377
-1,686
+516
-4,417
+586
+764
-11.975
—6
-800
-126
\A.ustrift .
Belgium
Danzig
Kngland . .
France
Germany «,
Greece
Italy
Latvia
...
Lithuania
Netherlands
Poland
..Hussia
Switzerland
Other
Total
Austria
Belgium
X)anzig
England
_„_.,„
France
Germany
Greece
Italy .
Latvia
Lithuania
Netherlands
Poland
Russia.,
Switzerland
Other
Total
1
2
-623
+203
+343
+9,571
+1,667
+31,412
+928
+2, 145
-6,595
(!)
+835
-26
1932
+4,372
-282
-10
+3,997
-475
-17,939
....
Country
1924
1923 *
Countr y
+46,653
1934
1933
-1.129
+257
-592
+12,555
+384
+19,353
+1,678
+3,019
-2,500
+3
+2,191
-171
1926
1927
+429
+544
+8,283
+11,098
+5,063
+9,159
+1,155
+4,356
-1,221
+994
+1,136
+9
+305
+357
+9,850
+2,977
+4,148
+982
+3,302
-1.040
+3
+1,750
+392
-950
+1,426
+442
+37,178
+23,953
+38,612
+1,206
+10
-5,818
+3,557
+791
1928
+341
+356
+3,627
+7,458
+3,690
+15,197
+1,740
+3,483
+52
+16
+1,145
1929
1930
-5,086
+3,374
+501
-906
+304
+3,199
+5,012
+1,387
+12,065
+759
+1,649
+43
+214
+612
-590
-876
+3,086
+899
+1,010
+120
+1,724
+7,250
+1,554
+9,263
+759
+808
+46
+1,548
+186
-3,037
-986
+3,878
+1.866
+35,894
+26,857
+25,995
1939
1940
1031
-2,139
-89
-1,918
4-4.380
+3,119
+13,696
+137
+261
-281
+42
-3; 165
-12,851
-1,297
-787
+07
-846
1941
1935
1936
1937
1933
+66
-1,288
+113
+1,391
—4,206
+2,542
+1,002
+756
+32
+141
-7,789
+2,485
-4,026
-2,977
+3,200
+46
-217
+456
+4,221
+8,582
+3,610
+1,063
+1,799
+40
+137
-4,183
+5,421
-1,912
+3,468
+3,519
+421
-1,984
+15
-261
+3,401
+1,914
+1,012
+1,136
-12
+73
-9,376
+3,626
-1,167
-962
+3,432
-26,747
+25
-9,864
—3,437
+4
+195
—228
-8,558
+26,050
+1,268
-100,340
-16,991
+217
+683
+417
+4,023
+8, 623
+5,283
+34,315
+356
+3,385
+68
+D54
+5, 168
+8,209
+608
+8,463
+2.716
+2,007
+563
+1 585
+9,850
+6 078
+34,993
+2,694
+3,880
+36
+539
+1,454
+12,090
+4,216
+6.585
+3,955
+807
+307
+601
+11,042
+2,406
+5,400
+833
+2,314
+565
+393
+8,784
+875
+2,070
+3,845
-105
+115
—308
+4,322
—2 865
+3,615
+627
+1,175
+7
+138
-2,178
+2,153
+79
—664
+3,327
+83,271
+90,505
- +40,242
+9,338
Total of eight months, May-December.
Less than $500.
1925
-12,652
—1,277
-20,618
-9,988
+430
+676
+101
-28
+1
-30,467
+204
-1,043
+84
-895
+300
+49
-253
+6
+240
-1.932
CURRENCY
419
NO. 114-TREASURY CURRENCY OUTSTANDING, BY KIND, MONTHLY, 1919-1941
[Held by Treasury and Federal Reserve Banks and in circulation. End of month figures; in millions of dollars]
Year and month
Total
1919—January
February
March
April
May
June
July
August
September
October
November
December
,771
,747
,727
,713
,709
,709
,705
,708
,705
,712
,711
,707
,700
,685
,687
,687
May
" ,686.
,687
June
,693
July
,697
August
September . _ . ,702
,710
October
,715
November
,709
December
1920—January
February
March. .
April
Silver
dollars
and
silver
bullioni
373
349
328
311
308
308
308
308
308
308
305
288
278
270
269
FedSubUnited eral
Nasid- Minor States Re- tional
iary coin notes serve bank
Bank notes a
silver
notes2
242
80
243
243
80
81
244
243
243
243
243
81
82
83
84
85
243
245
246
249
86
87
88
99
251
253
255
91
92
92
347
347
347
347
347
347
347
347
347
347
347
347
347
347
347
7
6
4
5
6
9
2
(4)
(*)
3
3
(4)
(*)
(')
(*)
256
259
259
259
261
92
92
92
93
94
263
265
267
271
95
96
97
97
347
347
347
347
2
272
271
271
271
271
271
272
273
98
98
98
2
8
5
319
342
355
358
98
98
99
99
99
347
347
347
273
273
273
273
99
99
99
98
347
347
347
347
8
17
17
'17
8
6
4
269
269
269
269
270
270
270
270
270
347
347
347
347
347
(«>
^ H
722
722
724
725
723
719
721
725
721
722
722
724
1925—January
February. ....
March
April
May
June
July
August
September...
October
November
December
2,028
2,025
2,016
2,009
2,003
,997
,990
,988
,985
,983
,981
,977
517
283
518
519
283
283
524
524
524
524
285
287
287
289
733
723
724
723
717
719
726
726
726
733
734
723
1926 — January
February
March
April
May
June
July
August
September...
October
November
December
,980
,981
,983
,984
,986
,986
,986
,984
,988
,990
,992
,991
525
525
528
289
289
289
720
728
733
724
741
743
732
739
743
743
749
750
1927 — January
February
March
April
May
June
July
August
September...
October
November...
December
5
10
6
5
7
403
414
428
442
271
270
270
269
99
99
99
101
347
347
347
347
347
347
347
347
347
23
37
750
752
753
755
756
758
758
760
761
761
761
762
,9G8
,977
,980
,990
,998
May
,975
Jun^., ,, j. »,_„._ M
,995
July
August
,998
September. . 2,003
2,005
October
November. . 2.007
December... 2.009
455
464
475
269
269
269
99
98
99
347
347
347
271
273
274
277
99
99
100
101
347
347
347
347
764
767
767
768
770
747
770
769
770
773
773
772
1 929— January
February
March
April
May...
June
July
497
498
498
498
34
32
23
23
22
21
18
18
19
15
15
14
499
500
500
278
278
278
102
102
102
347
347
347
506
509
511
512
277
278
281
283
103
103
103
102
347
347
347
347
12
13
12
12
12
10
10
9
9
9
9
9
773
774
776
777
111
778
111
777
776
774
774
772
1930— January
February
March
April
._
May
June
July
August
September...
October
November
December
May
June. .......
July
August
September. .
October
November. .
December,. _
1923 —January
February
March
April
1924—January
February
March
April
2,011
2,014
2,015
2,017
May
„ . 2,019
J\IP3
2,019
2,018
July
2,018
August
September... 2,017
2,020
October
November... 2,024
2,025
December
372
378
381
385
394
484
491
492
492
495
502
504
504
504
505
272
271
271
271
271
269
269
269
269
270
277
277
278
278
277
For footnotes see end of table, p. 420.
99
99
99
99
99
99
99
99
99
99
102
102
102
102
103
347
347
347
347
347
347
347
347
347
347
12
15
Augiist
September
October
November
December
770
764
755
104
104
104
104
104
347
347
347
347
347
8
7
7
7
7
105
105
106
106
347
347
347
347
747
740
733
727
724
7
7
6
6
718
714
711
705
107
108
108
347
347
347
6
6
6
706
706
705
5
5
5
5
296
296
296
112
112
112
347
347
347
5
5
5
695
697
700
538
538
538
538
296
297
298
301
114
115
115
115
347
347
347
347
5
5
703
703
702
701
2,004
2,007
2,006
2,007
2,008
2,006
2,004
2,006
2,008
2,011
2,012
2,012
539
540
540
301
301
301
115
116
116
540
540
540
540
301
303
304
304
117
118
118
119
347
347
347
347
2,011
2,008
2,013
2,016
2,018
2,019
2,013
2,004
2,010
2,020
2,024
2,022
540
540
540
304
304
304
119
119
119
347
347
347
697
695
699
540
540
540
540
306
307
309
311
122
123
123
123
347
347
347
347
4
691
700
702
698
2.021
2,022
2,022
2.024
2,024
2,025
2,023
2,025
2,027
2,028
2,028
2,027
540
540
540
311
311
311
124
124
125
347
347
b47
3
3
3
697
697
696
640
540
540
540
311
311
312
312
126
127
127
127
347
347
347
347
3
3
3
3
699
700
700
698
1928 —January
February
March
April
May
June
July
August
September...
October
November
December
347
347
347
8
8
347
347
347
347
535
535
536
99
99
99
8
347
347
110
110
111
111
,990
,992
1,996
1,999
2,005
2,003
2,003
2,003
2,003
2,004
2,005
2,006
273
272
272
347
6
6
6
6
5
291
293
293
295-
357
360
367
4
103
103
104
347
347
347
347
347
535
• 35
535
535
,834
,836
,842
,850
,861
,862
,865
,878
,893
,906
,928
,958
2
4
2
283
283
283
283
283
288
289
289
289
289
1 922— January
February
March
April
347
347
347
347
347
521
522
522
522
523
531
533
533
534
535
,707
,722
,726
,718
,745
,750
,742
,766
,789
,821
,841
,842
276
284
289
292
304
FedSubUnited eral
Nasid- Minor States Re- tional
iary coin notes serve hank
silver
Bank notes8
notes2
Total
1921 —January .
February
March
April
May
June
July . ...
August
September...
October
November
December
270
270
272
Silver
dollars
and
silver
bullion^
Year and month
537
538
538
538
538
540
540
540
540
540
540
540
540
540
540
540
540
540
540
540
296
296
296
296
295
301
299
299
299
300
304
304
304
304
305
311
311
311
311
311
108
109
109
109
109
113
113
113
113
114
116
116
117
117
117
120
120
121
121
121
125
126
126
126
126
347
347
347
347
347
5
5
5
5
5
347
347
347
700
701
701
698
701
706
704
705
705
698
700
699
347
347
£47
347
347
700
701
700
697
699
698
700
700
699
702
703
704
697
688
347
347
347
347
347
347
347
347
347
3*7
704
703
703
702
700
3
3
3
3
3
697
698
698
697
698
BANKING AND MONETARY STATISTICS
420
NO. 114-TREASURY CURRENCY OUTSTANDING, BY KIND, MONTHLY, 1919-19<1-Continued
(Held by Treasury and Federal HeserveBanks and in circulation. End of month figures; in millions of dollars]
r
Year and month
Total
Silver
dollars
and
silver
bullion1
Fed- ,
SubUnited eral
sid- VI i nor States Reiary coin notes serve
silver
Bank
notes '2
127
127
127
127
127
127
127
127
127
127
127
127
347
347
347
347
347
347
347
347
347
347
347
347
3
3
3
3
3
3
3
3
3
3
3
3
696
698
699
698
697
697
699
698
698
699
702
711
127
127
126
126
126
126
126
127
127
127
127
127
347
347
347
347
347
347
347
347
347
347
347
347
3
3
3
3
3
3
3
3
3
3
3
3
716
732
738
738
737
737
734
783
832
863
876
881
107
127
127
127
127
127
127
127
127
127
127
127
347
347
347
347
347
347
347
347
347
347
347
347
3
3
3
3
3
3
3
3
3
3
3
3
881
894
967
982
981
971
967
966
963
962
961
988
127
127
127
127
128
128
128
128
128
129
129
131
347
347
347
347
347
347
347
347
347
347
347
347
2
2
65
92
95
100
106
99
94
88
84
81
986
985
982
974
963
955
942
929
918
907
899
888
310
131
310 • 131
131
309
310
131
132
313
313
133
315
134
134
315
317
134
134
320
135
322
328
136
347
347
347
347
347
347
347
347
347
347
347
347
76
97
95
91
8S
84
81
78
75
72
70
68
876
868
849
825
795
769
750
619
573
530
499
473
137
137
137
138
138
139
347
347
347
347
347
347
64
62
59
57
55
53
446
429
413
398
384
372
1931-= January
February . . .
..
March
April
May
Juno,
July.. .... .
August
September...
October
November
December
540
2,025
540
2,025
540
2,026
540
2,024
2,022 | 540
540
2,022
540
2,024
540
2 023
2,023 1 540
540
2,024
2,027 1 540
540
2,035
312
1932*= January
February
March
April
May
Juno
July . ....
August
September ...
October
November
December
2,039
2 055
2,060
2,060
2,059
2,057
2,056
2,106
2,154
if, 186
2,199
2 204
540
540
540
540
540
540
540
540
308
307
306
306
305
305
306
306
1 933= January
February
March _ _ « , . . „ _
April
May,
June
July. .....
August
September...
October
November
Dece mber
2,204
2,217
2,289
2,305
2,298
2,286
2,281
2,281
2,278
2,277
2,277
2,303
540
540
540
540
540
540
540
540
1 934— January
February
Mareh = . _ = _ .
April. .
May
June
July
August
September...
October
November
December
2.302
2,302
2,361
2,378
2,368
2,366
2,361
2,408
2,405
2 434
2,468
2,511
540
540
540
540
540
540
540
540
1
2
309
309
308
308
307
307
307
307
307
307
307
307
301
299
299
299
299
299
300
300
701
755
307
309
2,495
756
768
2,519
2,540
809
841
2,544
2,525
850
2,506
859
July
2,510
884
August
... 2,398
905
September..,. 2,386
940
October ...
2,400
997
November
2,438 1,066
December
2,476 1,124
2,493
2,499
2,504
2,500
2,490
2,498
309
309
309
309
308
300
300
299
296
294
296
298
299
1935— January
February
March
A pri 1
May.
1936— January... ...
February.....
March....
April. „
May,.
»
June.
311
310
541
542
542
642
542
542
542
607
617
659
1,172
1,197
1,218
1,230
1,236
1,255
National
bank
notes *
301
305
328
328
329
330
330
332
Year and month
. Silver
IdolSars
and
Total
; silver •
buli©n»
FedUnited eral
sid- Minor States Reiary coin notes serve
Bank
silver
notes',
Sub- j
335
338
341 1
346
351
356
140
142
143
145
146
147
347
347
347
347
347
347
National
bank ;3
notes
,"
49
358
348
48
339
47 i 329
46 i 322
314
45
2,496
2,500
2,512
2,515
2,521
2,532
1,264
|1,277
1,294
1,303
1,310 1
1,323
2,532
1937— January
February...,.,. 2,536
2,541
March
April
....' 2,543
May
2,547
June, ....... 2,550
2,572
July,
2,585
August
September , . 2,599
October
2,609
November . . 2,621
Deee mber
2,637
t 332
1,343
1,355 1
1,365
1,375
1,382
1,409 i
' 1 424
1,441
1,455
1,468
1,486
1938-= January
2,655
February...... 2,668
March ..... 2,679
2,690
April
2,702
May
June __....„.. 2,713
2,721
July
August - „ „ „ 2,731
September . , „ 2,739
October
2,751
November. . . 2,773
December .„ 2,798
1,509
1,526
1,540
1,554
1 570
il,584
1 596
1,608
1,618
1,634
1,657
1,885
373
373
374
374
374
374
•374 1
375 !
376
376
376
376 i
156
156
157
157
157 1
157
157
157
158
158
158
159
33
347
347 * 33
m
347
32
347
347 ' 31
31
347
30
347
30
347
29
347
347
29
29
347
28
347
237
233
230
226
223
221
217
214
212
208
206
203
1,705
I 1,717
1,733
1,746
1,759
1,778
I 1,794
1,804
1,814
1,825
1,835
19845
376
376
377 1
376
377
380
381
383
386
390
394
399
159
160
160
160
161
161
162
162
164
Itit)
167
169
347
347
347
347
347
347
347
347
347
347
347
347
28
27
27
27
26
26
28
25
25
25
25
?4
201
198
196
193
191
189
186
185
183
181
179
178
400
401
401
400
402
402
404
409
411
415
419
425
169
170
171
172
173
174
175
178
181
183
187
189
347
347
347
347
347
347
347
347
347
347
347
347
24
24
23
427
428
429
434
440
447
455
462
469
482
489
497 I
347
191
192
347
193 I 347
347
194
347
1116
347
199
202
347
201 347
347
207
347
210
347
212
215
347
i
2£
21
21
1936— July.
August... ___ _
September. „
October _ „ _
November...
December ._
1939— January .„.„
February _ _ „ „
March
April ......
May
June
JUly=
...
August
September...
October
_„
November
December
2,816
2,824
2,839
2,849
2,862
2,881
2,895
2,907
2,919
2,932
2,947
2,963
1940—January .....
February.....
March
April ......
May
June
July
.....
August
September _ _ _
October .....
November
December
2,971 1,855
2,981 i 1,866
2,990 1 876
2,999 1.S86
3,008 1,894
3,013 1 £00
3,024 1 1,609
3,036 1,815
3,044 1,920
3,059 f 1,931
3,072 1,937
3,087 '1,045
1941—January __.... 3,097 1,953
February.. _„. 3,102 1,959
March
.... 3,109 1,965
3,122 11,971
3,134 11,077
May
June
3,149 tl 983
July
...... 3,166 11,991
August.,..,.. 3,181 1,998
September
3,198 2,006
October
3,219 2 013
November
3,231 fe 017
December
3 247 J2 023
1'
!
148 ' 347
356
149
356
347
347
149
357
150 j 347
357
347
150
358
347 '
151
359
347
151
361
152 ! 347
363
347
364
153
347
367 1 354
370
347
155
372
347
156
44
305
42
298
42 i 291
284
40
278
39
272
38
37
269
262
37
33
257
251
38
35
247
242
34
175
173
172
171
169
23
107
23
167
23
164
23
163
22
22 i 162
160
22
159
22'
21
21
20
20
20
20
20
158
156
155
154
153
152
151
150
149
148
146
146
Includes silver buUion held against silver certificates.
Includes only Federal Reserve Bank notes for redemption of which issuing Banks have deposited lawful money with the Treasury. Does
not include notes in circulation which were liabilities of issuing Banks; such notes were outstanding March-December 1016, June 1917-May 1924,
and 3
March 1933-Mareh 1935.
Includes national bank notes that were liabilities of issuing banks as well as those for redemption of which issuing banks have deposited lawful
mo:
>ney with Treasury. Beginning with August 1935 all national bank notes outstanding have been liabilities of the Treasury and in process of
retirement.
< Less than $500,000.
S E C T I O N 12
MONEY RATES AND SECURITY MARKETS
Page
422
Text
FEDERAL RESERVE BANK RATES
Table 115. Federal Reserve Bank discount rates on eligible paper, monthly, November 1914December 1941
Table 116. Federal Reserve Bank discount rates on advances under Section 10 (b) of the Federal
Reserve Act, February 27, 1932-December 31, 1941
Table 117. Federal Reserve Bank buying rates on prime bankers' acceptances, 1919-1941
fable 118. Federal Reserve Bank rates on industrial advances and commitments, July 10, 1934December 31, 1941
Table 119. Maximum rates on time deposits at member banks, November 1, 1933-December
31, 1941
439
443
443
446
447
MONEY RATES AND RELATED STATISTICS
Table
Table
Table
Table
Table
Table
Short-term open-market rates in New York City, monthly, 1890-1941
Short-term open-market rates in New York City, weekly, 1919-1941
Yields on short-term United States Government securities, monthly, 1920-1941....
Yields on short-term United States Government securities, weekly, 1934-1941
Rates charged on customers' loans by banks in principal cities, monthly, 1919-1929.
Rates charged on commercial loans by banks in principal cities, monthly, January
1928-February 1939; quarterly, 1939-1941
Table 126. Commercial paper outstanding, monthly, July 1918-December 1924.
Table 127. Commercial paper and bankers7 acceptances outstanding, monthly, December 1924December 1941
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
120.
121.
122.
123.
124.
125.
128.
129.
130,
131.
132.
133.
134.
135.
136.
137.
138.
SECURITY MARKETS
Bond yields, by type of security, monthly, 1919-1941
Bond yields, by type of security, weekly, 1934-1941
.
Bond prices, by type of security, monthly, 1919-1941
Basic yields of corporate bonds, by term to maturity, 1900-1942
Yields of high-grade railroad bonds, monthly, 1900-1936
Stock prices, monthly, 1900-1941
Common stock prices, weekly, 1934-1941
Trading in stocks on New York Stock Exchange, monthly, 1900-1941
Trading in stocks on New York Stock Exchange, weekly, 1934-1941
New security issues, by major groups of issuers, monthly, 1919-1941
New corporate security issues, by proposed uses of proceeds and by major groups of
issuers, monthly, 1934-1941
BROKERS' LOANS
Table 139. Brokers' loans by groups of lenders, quarterly, September 1918-December 1932;
call dates, 1933-1938
Table 140. Street loans made by daily reporting banks in New York City, weekly, October
1917-January 1926
Table 141. Loans to brokers and dealers, secured by stocks and bonds, made by weekly reporting member banks in New York City, weekly, 1926-1935
Table 142. Brokers7 borrowings on collateral in New York City as reported by members of the
New York Stock Exchange, monthly, September 1918-November 1922 and
1926-1941
Table 143. Principal debit and credit balances of member firms of the New York Stock Exchange
carrying margin accounts, monthly, November 1931-December 1941
Table 144. Detailed debit and credit balances and related items of member firms of the New York
Stock Exchange carrying margin accounts, June and December, 1935-1941
Table 145. Margin requirements, October 1, 1934-December 31, 1941
448
452
460
461
463
464
465
465
468
472
475
477
478
479
482
485
486
487
491
494
495
497
500
501
503
504
SECTION
MONEY RATES AND SECURITY MARKETS
This section presents additional statistics
which have a bearing, directly or indirectly, on
the credit policy of the Federal Reserve System.
It includes figures for certain instruments of
credit policy 1—discount rates, maximum interest rates on time deposits, and margin requirements—and also statistics relating to general
money market and security market developments, which may influence or be influenced by
credit policies adopted by the System. In an
earlier section. Section 10, which relates principally to credit policy, there are included statistics
relating to member bank reserve requirements
and open-market operations—the quantitative
instruments of credit policy which may be used
to influence the supply of bank credit.
The discussion and the accompanying statis-
tics in this section have been divided into four
parts. The first part, comprising Tables 115119, relates to discount rates and other Federal
Reserve Bank rates, which work primarily on the
cost of credit. The second part, "Money Rates
and Related Statistics/' Tables 120-127, includes
various series on short-term open-market money
rates, rates charged bank • customers, and some
statistics on open-market paper. The next part,
"Security Markets," Tables 128-138, includes
statistics covering bond yields and prices, the
stock market, and new security issues. The last
part, "Brokers' Loans/1 Tables 139-145, relates
to loans on securities for the purpose of purchasing or carrying securities; it includes detailed statistics on such loans and the margin
requirements fixed by the Board of Governors.
FEDERAL RESERVE BANK RATES
The principal types of Federal Reserve Bank various maturities; for a relatively short period
rates are shown in Tables 115-118. They in- —April 1920-July 1921—some of the Reserve
clude: (1) rates to member banks on discounts Banks had graduated or progressive rates
of and advances secured by eligible paper, in- based on the amount of accommodation excluding paper secured by United States Govern- tended to the borrowing bank.2 The tendency,
ment obligations; (2) rates to member banks on however, was toward a simplification of the rate
other advances secured to the satisfaction of the structure. Early in 1920 a single rate prevailed
Federal Reserve Banks (Section 10 (b) of the at each Federal Reserve Bank for discounts of
Federal Reserve Act); (3) minimum buying and advances secured by eligible commercial,
rates on bankers' acceptances; and (4) rates on agricultural, or industrial paper of all maturities,
industrial advances and commitments. Also in- and beginning with various dates in 1921, a
cluded, in Table 119, are the maximum rates single discount rate applied at each Federal Reof interest that may be paid on time deposits by serve Bank for all discounts and advances to
member banks. The rates currently in effect member banks.
for each of these series are published each month
For the period prior to 1921, when a
in the Federal Reserve Bulletin. Statistics on multiplicity of rates prevailed, Table 115 shows
the amount of credit made available are given
only discount rates on paper of a single class
in Sections 9 and 10 of this book.
Discount rates. One of the principal objects and maturity—usually < the type of paper and
of the Federal Reserve Act was to afford mem- maturity for which the rate was -lowest.
ber banks a means of rediscounting short-term Specifically, from November 16, 1914, the day
commercial and agricultural paper. Discount the Reserve Banks opened, through August 1916,
rates on eligible paper established by the the rate applies to discounts of commercial,
Federal Reserve Banks, as reviewed and deter- agricultural, and livestock paper with maturities
mined by the Board of Governors, are an of from 31 to 60 days; and from September 1916
important instrument of Federal Reserve credit to December 1920, to discounts of, and advances
secured by, commercial, agricultural, ami livepolicy.
In the early years of the System the Federal stock paper with maturities of 15 days or less.
Reserve Banks established a variety of rates,
2
With some exceptions, progressively higher rates were charged
differing with various classes of paper and on discounts over basic lines during the following periods: Atlanta,
* For a discussion of instruments of credit policy see papers on
"System Organization: Determination of Credit Policy" and
"Instruments of Federal Reserve Policy" in Banking Studies, a
publication of the Board of Governors.
May 31-November 1, 1920; St. Louis, May 26, 1920-June 23, 1921;
Kansas City, April 19, 1920-August 1, 1921; Dallas, May 21, 1920February 15, 1921. These rates appear in the Federal Reserve
Board publication, Discount Rates of the Federal Reserve
1914-1981.
422
MONEY RATES AND SECURITY MARKETS
The various rates which applied during this
early period to different classes of paper and
different maturities appear in a publication of
the Federal Reserve Board, Discount Rates of
the Federal Reserve Banks, 1914-1921.
Preferential rates on paper secured by Government obligations were established during the
year 1917 and were continued until November
1921 by some of the Reserve Banks. In
September 1939 some of the Reserve Banks
again established preferential rates on paper
secured by Government obligations; these
differences were eliminated in March and April
1942, when rates were lowered for other rediscounts and advances. In October 1942 all
Federal Reserve Banks established preferential
rates on paper secured by Government obligations maturing or callable in one year or less.
These preferential rates are not shown in the
tables.
During the emergency of the early 1930's it
was recognized that the Federal Reserve Banks
should be in a position to lend to banks on any
sound asset, rather than on the small portion
of assets that met the technical provisions with
regard to-eligibility. Section 10 (b), enacted on
February 27, 1932, provided for such advances
by the Federal Reserve Banks in exceptional and
exigent circumstances to member banks which
had exhausted other means of obtaining credit
accommodation.
This temporary authority
expired on March 3, 1935, but Section 10 (b) was
reenacted in a liberalized and permanent form
in the Banking Act of 1935, approved August
23, 1935, which gave authority for advances on
any security satisfactory to the Reserve Banks
at a rate of interest at least one-half of one per
cent per annum higher than the highest discount
rate in effect at the Reserve Bank, and with a
maturity not in excess of four months. Table 116
shows the rates charged by the Reserve Banks
on this type of loan, February 27, 1932-December 1941.
Authority was given the Federal Reserve
Banks by the Act of March 9, 1933, to make
advances to individuals, partnerships, and corporations (including banks) for periods up to
90 days on the security of direct obligations of
the United States. These rates are not included
in this section because such advances have not
constituted an important part of discount operations. In August and September 1939 the Federal Reserve Banks established rates on advances to nonmember banks under this provision
at the same level as rates for similar advances
to member banks. At some Reserve Banks this
rate was below the discount rate on eligible
paper until the spring of 1942.
423
Additional information on bills discounted is
given in Section 9, pages 325-26, and Tables 88
and 90, and in Section 10, pages 361-62, and
Tables 100-104.
Buying rates on bankers' acceptances. Figures
for minimum buying rates on prime bankers'
acceptances (Table 117) are included because
bankers' acceptances purchased by the Federal
Reserve Banks have at times been an important part of Reserve Bank credit. The buying
rates of the Federal Reserve Bank of New York
alone are shown .because the New York market
is the only important market for bankers' acceptances, and in general the rates of other
Federal Reserve Banks on purchases of bankers'
acceptances have been adjusted to agree with
changes in the rates at the Federal Reserve
Bank of New York.
The first purchase of acceptances by the
Federal Reserve Bank of New York was on
February 23, 1915. A schedule of rates on the
basis shown in the table is not available for the
years prior to 1919. During 1916 the rates
charged varied between 2 per cent and 3% per
cent; during 1917, between 2% per cent and 4%
per cent; and during 1918, between 3% per cent
and 4% per cent. In the first few years the rates
charged varied between a minimum and a maximum rate authorized by the board of directors.
Beginning in April 1918 a minimum rate only
Mras authorized instead of a minimum and a
maximum rate. This practice has continued, and
at times an authorized minimum has been established for each maturity range. The rates
actually-charged, the currently effective "minimum buying rates" shown in the table, are
usually slightly above the minimum authorized
by the board of directors, which is set low
enough to permit the Bank to adjust its effective
buying rates readily in periods of considerable
market activity. The rates established apply to
prime bankers' acceptances. Higher rates may
be charged for other classes of bills.
Additional information on bills bought is given
in Section 9, page 326, and Tables 89 and 90,
and in Section 10, page 362, and Tables 100-104.
During 1942 the Federal Open Market Committee established a buying rate on Treasury
bills similar to that already prevailing on
bankers' acceptances. On April 30, 1942, the
Committee directed the twelve Federal Reserve
Banks to purchase for the System Open Market
Account all Treasury bills offered, at a rate of
three-eighths of one per cent per annum. On
August 7, 1942, the Committee announced that
any such purchases of bills shall, if desired by
the seller, be made upon condition that the Federal Reserve Bank, upon request of the seller
424
BANKING AND MONETARY STATISTICS
before maturity of the bills, will sell to him
Treasury bills of like amount and maturity at
the same rate of discount.
Rates on industrial advances. Section 13b was
added to the Federal Reserve Act by the Act
of June 19 j 1934, to enable the Federal Reserve
Banks to provide credit for business enterprises
which had suffered severe capital losses during
the depression and needed working capital to
resume normal operations. The Act provided
for working capital loans with a maturity not
exceeding five years to established business
enterprises. Loans may be made jointly by a
Reserve Bank and a financing institution, or the
cooperating financial institution may extend all
of the credit and procure frbm the Reserve
Bank a commitment, authorized by the Act,
binding the Reserve Bank to take over the loan
at the option of the financing institution. The
financing institution must obligate itself for at
least 20 per cent of any loss that may be sustained. Direct loans by Federal Reserve Banks
may be made only when credit is not obtainable
on a reasonable basis from the usual sources.
In a few instances Reserve Banks have made
direct commitments to business enterprises to
supply credit at the option of the borrower.
Additional information on industrial advances
is given in Section 9, page 327, and Table 92,
and in Section 10, pages 362-63.
Table 118 shows rates on industrial advances
and commitments. The first part of the table
gives the rates on loans made by Reserve
Banks direct to industrial and commercial
enterprises. The next two parts show the
rates charged on loans taken over by a Reserve
Bank from participating financing institutions,
Two rates apply: one rate applies to that portion of the loan on which the financing institution is obligated for any loss and the other to the
remaining portion of the loan. The last part
of the table shows the rates charged by the Reserve Banks for commitments to financing
institutions to discount or purchase industrial
loan paper on demand.
Maximum rates on time deposits. The Banking Act of 1933, enacted June 16, 1933, forbade
member banks to pay interest on demand deposits and subjected interest paid on time and
savings deposits to limitations prescribed by the
Board. The control of interest rates payable by
banks bears indirectly on other interest rates by
limiting the incentive for accumulation of large
idle balances. The control of these rates has also
been helpful to the banks themselves in
•eliminating burdensome expenses that were in
some cases induced by interbank competition.
The maximum rates on time deposits prescribed by the Board are shown in Table 11.9.
The rates payable by member banks may not
in any event exceed the maximum rate payable
by State banks or trust companies on like deposits-under the laws of the State in winch the
member bank is located. Maximum rates that
may be paid by insured nonmember batiks as
established by the Federal Deposit Insurance
Corporation, effective February 1, 1.936, have
been the same as those in effect for member
banks. The rates actually paid on time deposits
by most banks in recent years have been below
the maximum authorized, with considerable
variation from one community to another.
MONEY RATES AND RELATED STATISTICS
Statistics on interest rates are important because they indicate the cost of credit to
borrowers, mainly business concerns, and the income received by those who lend and invest,
mainly individuals, trusts, endowments, banks,
and other financial institutions. Policies adopted
by the Federal Reserve System with regard to
discount rates, borrowing by member banks from
the Federal Reserve Banks, sales or purchases
of Government securities in the open market, or
changes in reserve requirements of member
banks are likely to have an effect on money rates
of different types; and these probable effects are
taken into consideration by the Federal Reserve
System in determining its policies.
The statistics on money rates shown in Tables
120-125 include figures on short-term openmarket rates in New York City, yields on shortterm United States Government securities, and
rates charged customers by banks in principal
cities. In addition, statistics on the volume of
commercial paper and bankers' acceptances are
presented in Tables 126 and 127; these are of
interest in connection with the rates on these,
kinds of paper given in Tables 120 and 121. The
volume of loans or securities of other types for
which open-market rates are shown in this section are available elsewhere in this book: security loans in Tables 189-144 of this section; commercial loans of banks in Sections 2 and 4 (member banks), and in Section 8 (all insured banks);
and outstanding amounts of Government securities in Section 13.
Short-term open-market rates in New York
City. Federal Reserve Bank discount rates are
generally related to rates on short-term money
in the open market. When a bank has insufficient reserves and it can not replenish its supply
MONEY RATES AND SECURITY MARKETS
425
by withdrawal of correspondent balances, or by includes the available yield series for short-term
borrowing or purchasing Federal funds, 3 it has Government securities, yearly and monthly, bethe choice of borrowing from the Reserve Bank ginning with 1920, and for Government securities
at the discount rate, or of liquidating some of its maturing between short and long term, beginning
assets. The assets that it is most likely to liqui- with August 1932. Weekly figures for these series
date are those that bring the smallest return and beginning with 1934 are shown in Table 123. In
are not connected with established customer rela- general, continuous series are provided for each
tionships, that is, short-term open-market paper. of these classes of Government securities but the
The short-term open-market rates shown in this figures are not entirely comparable throughout
section are for New York City, which is the chief the period covered. Yields on long-term Govmoney market in this country. This does not ernment securities are shown in Tables 128
mean that all of the borrowers and lenders in the and 129.
Government securities maturing within a year
money market are located in New York City.
Money from all parts of the country, in fact are represented prior to 1930 by the average
in normal times from the entire world, is loaned yield on 3- to 6-month Treasury notes and cerin New York City and borrowers from many tificates; this series is shown for the period
parts of the world resort to this city for funds.
1920-1933, after which it was discontinued beThe New York money market is composed cause the yields were continuously negative.
of a number of specialized markets for certain Beginning December 1929, a new measure of
types of loans and there are usually differences . short-term rates became available with the
in rates corresponding to differences in the issuance by the Treasury of a new type of sesupply of funds relative to the demand for the curity, the Treasury bill, which differs from other
particular type of loan in which the market types of Treasury marketable securities in that
deals. These markets are called "open" mar- it is sold on a discount basis instead of being
kets, since transactions in them are usually offered in the market with a fixed coupon rate.
made on an impersonal basis with the borrower Treasury bills have been issued with varying
and lender dealing through agents, as distinct maturities up to 9 months, but have been mostly
from a "customer" market where the borrower 3-month bills. Offerings were irregular in 1929
and lender deal directly with each other and and 1930, so that a continuous series is availwhere transactions are often made on a personal able only beginning with 1931.
Government securities maturing between short
basis. As a result, lenders may sell paper held,
call loans, or refrain from renewing credits and long term are represented, beginning with
upon maturity more freely in the case of open- August 1932, by the average yield on 3- to 5market paper than in the case of customer loans. year tax-exempt Treasury notes and beginning
Figures given in Tables 120-123 cover the December 1940 also by the average yield on 3principal markets in New York. Tables 120 to 5-year taxable Treasury notes, which were
and 121 include two series of rates for loans first offered on December 18, 1940.
The details for these short-term open-market
based on commercial transactions—prime 4- to
6-month commercial paper and prime 90-day rates follow:
bankers' acceptances—and three series of rates
Tables 120 and 121. Rates are shown yearly and
monthly from 1890 and weekly from 1919, except
for loans based on security collateral—90-day
for prime 90-day bankers' acceptances, which begin
Stock Exchange time loans and Stock Exchange
in August 1917, and Stock Exchange call loans
call loans, new and renewal. These were the
(new), which begin in January 1919. Figures are
most important short-term open-market instrucollected by the New York Reserve Bank except for
ments until recent years.
prime commercial paper, 1890-1918, and Stock Exchange call loans (renewal), 1890-1918, which were
Yields on short-term United States Governtaken from the Harvard Review of Economic Stament securities. During the 1930's the supply
tistics, 1919, pages 94-95 and 102-03; and Stock Exof open-market paper declined sharply and banks
change time loans (90 day), 1890-1918, from Ogle,
Dunn and Company, New York City. Rates on
invested an increasing amount of funds in United
Stock Exchange call loans are averages of daily
States Government obligations, particularly those
quotations. The annual averages for Stock Exchange
of short (or intermediate) maturities. As a concall and time loans differ slightly from those pubsequence, the market yields of short-term Govlished by the respective sources.
Tables 122 and 123. The average yields on 3- to
ernment securities have become basic series of
6-month Treasury notes and certificates are avshort-term open-market money rates. Table 122
8
"Federal funds" are credit balances with Federal Reserve Banks
which member banks may purchase from one another, or from
nonmember institutions maintaining clearing accounts with Federal Reserve Banks, usually on a day to day basis for the purpose of replenishing reserves-
erages of daily figures, computed from yields of
individual issues published by the Treasury Department. Thes averages include all outstanding
issues of these securities with periods to maturity
from 3 to 6 months.
BANKING AND MONETARY STATISTICS
426
Two series of figures are shown for Treasury bills
as published by the Treasury Department—the average rate at which new offerings were sold by the
Treasury, 1931-1941, and the average of daily bid
quotations by dealers on 3-month Treasury bills,
1934-1941. The monthly average rates on new offerings include the following maturities: 3 months to
February 16, 1934; 6 months, February 23, 1934February 23, 1935; 9 months, March 1, 1935-Oetober
15, 1937; bills maturing about March 16, 1938,
October 22-December 10, 1937; 3 months, December
17, 1937-1941.
The average yields for 3- to 5-year Treasury
notes are computed from yields on individual issues
published by the Treasury Department. Each daily
figure is an unweighted average of the yields of the
issues included, based on averages of closing bid and
asked quotations for the day. Each issue with a
maturity of more than three years is included upon date of issue and dropped when its
period to maturity reaches three years. Fluctuations due to changes in the specific issues included
in the series have been relatively unimportant.
Further details on this scries appear in the Federal
Reserve Bulletin for May 1936, pages 317-18.
Bank rates on customers' loans. A different
type of short-term money market is represented
by bank loans to customers, for which average
rates are shown in Tables 124 and 125. A substantial proportion of the country's short-term
loans are made by banks dealing directly with
individual customers. The rates on such loans
are important to business men throughout the
country. Because these loans involve a variety of
considerations arising out of customer relationships, this money market, which is neither localized nor impersonal, differs considerably from
the open market.
Bank rates on customers' loans are compiled
by the Board of Governors from reports submitted by member banks in leading cities
throughout the country and are shown as follows: in Table 124, by averages of prevailing
rates reported monthly by banks in a vaiying
number of leading cities on commercial loans
and time and demand security loans, 1919-1929;
in Table 125, by averages of prevailing rates reported monthly by banks in 19 principal cities
on commercial loans only, January 1928-February 1939; and beginning March 1939, by averages of interest rates charged by banks in 19
cities on new commercial and industrial loans
made during the first half of March, June, September, and December. Prior to March 1939
each bank reported a prevailing rate or range of
rates charged customers on the bulk of commercial loans as of the week ending the 15th of each
month. These figures were not entirely satisfactory because the types of loans were not adequately defined and because banks merely reported what seemed to them to be their prevailing rates. Reported figures were not always
strictly comparable over time and between
banks. Since March 1939 each bank has reported quarterly the number of loans and
amounts loaned at each interest rate during the
15-day reporting period. The published rates
are then computed from these actual figures.
The leading cities throughout the country covered by these rates are representative financial
centers. They have large loan markets and interest rates charged by banks in these cities are
probably more responsive to changes in general
monetary conditions than are rates in other
places. Because of the financial importance of
these cities, their influence would predominate
in any compilations of rates designed to show
movements of interest rates in large cities. In
smaller cities, and especially at country banks,
rates are generally substantially higher and
fluctuate less closely with changes in money
market conditions.
The reported rates appear to be typical only
of very large city banks. This was indicated
by a detailed survey of the rates charged by
member banks on commercial loans and renewals
from April 16 to May 15, 1942, inclusive. The
results of this survey were published in the Federal Reserve Bulletin for November 1942, pages
1089-97; they are also available in a reprint,
"Commercial and Industrial Loans at Member
Banks, April 16-May 15, 1942." The comparatively lower average rates charged by large city
banks, such as regularly report rates on customers' loans, result largely from the predominance of large loans at such institutions and
from the types of industries which borrow
there, but also in some part from the fact that
large banks generally appear to charge somewhat lower rates on comparable loans than small
banks. Average returns on loans included in
the tables on member bank earnings ratios in
Section 6 of this book also give an indication of
differentials in interest rates charged on loans
by banks of various sizes (Table 63, pages 27576), and by banks in different sections of the
country (Table 62, pages 272-74).
Details for the series shown in Tables 124
and 125 follow. A fuller discussion appears in
the Federal Reserve Bulletin for November
1939, pages 963-69.
Table 124—old series. The monthly series of
rates charged customers by banks for the period
1919-1929 covered other types of customers' loans
as well as commercial loans. Reports wore submitted each month by a number of member banks
in leading cities in which a Federal Reserve Bank
or a branch was located and averages were compiled and published for three groups of cities: New
York City, other Northern and Eastern cities, and
Southern and Western cities. The averages for
Northern and Eastern cities, outside New York City,
MONEY RATES AND SECURITY MARKETS
were based on quotations from 5 cities, 1919-1924,
and 8 cities, 1925-1929; for Southern and Western
cities from 16 cities, 1919-1924, 25 cities, 1925-1928,
and 27 cities, 1929. Although average rates were
computed on this basis until 1939, they are shown
in this table only through 1929 since rates computed on the new basis have been extended back
through 1928 to provide a longer comparable series.
Over the 1919-1929 period, the published figures
were weighted averages of rates charged on the bulk
of loans of the following classes: prime commercial
loans eligible for rediscount under the Federal Reserve Act and demand and time loans to customers
secured by prime stock exchange or other current
collateral. The method of computing the averages
took into account the relative importance of each
type of loan and of each reporting bank as measured by its total loans of all types. In computing
regional group averages, the average rate for each
city was weighted according to the importance of
all banks in that city as measured by their share
in total loans of all banks in the region.
Table 125—new scries. A new series of rates on
customers' loans was instituted, beginning March
1939, on the basis of a revised reporting system,
covering only rates on new commercial and industrial loans—broadly speaking, all loans to bank
customers for business purposes.
Banks in the 19 leading cities that report customer rates have been selected by each Federal
Reserve Bank from those that report their statement of condition each Wednesday. There were
87 such banks reporting in 1939 and they account
for at least three-quarters of the commercial loans
made by all banks in the cities where they are located. Banks are requested to include loans of
branches, or of any other office that is not the head
office, only where such loans are made in substantial amounts.
Averages of rates are first computed for each
city. The weights assigned to the cities in computing averages, as determined by the period October 1934-December 1938, are as follows:
427
rate. In combining city averages into regional averages and into a national average, the weights assigned to each city were based on the amounts of
loans outstanding at banks in each city relative to
the total loans outstanding at member banks in
101 leading cities which report their condition statement each Wednesday.
To afford a comparison between current • rates
and those of previous years a revised set of figures
was compiled from the old interest rate reports
for the period January 1928-February 1939 covering
for the 19 cities included in the new series the
prevailing rates (i.e., rates charged on the bulk of
the loans), that banks reported as charging customers for loans represented by prime commercial
paper eligible for rediscount at the Federal Reserve
Banks. The rates reported by banks in each city were
weighted as for the old series shown in Table 124
and the cities were weighted as in the current
series. These rates are included in Table 125 and
are somewhat lower than the old series of customers' rates, due chiefly to the fact that the rates
charged customers on loans secured by stock exchange or other current collateral, which were included in the old series but excluded from the new,
were generally higher than rates charged on commercial loans. Following the shift to the new basis
of collecting data in 1939, rates were in general
higher on comparable commercial loans than under
the old method. Averages computed from actual
reported figures for a short period covered by both
procedures were above those computed from the
•prevailing rates reported by bankers, partly because
of the greater weight given small, high-rate loans
under the new procedure.
Commercial paper and bankers' acceptances
outstanding. Tables 126 and 127 show the
available data on amounts of commercial paper
and bankers' acceptances outstanding. Figures
for commercial paper, beginning with July 1918,
are compiled by the Federal Reserve Bank of
New York and represent the volume of paper as
Weights
Weights
reported by the principal commercial paper
dealers in the country. Some finance company
11 Southern and West100
19 cities— Total
30
paper sold in the open market is included. FigNew York City
35
8
San Francisco
ures are also given for the total amount of dol7 other Northern and
4
Los Angeles
lar bankers' acceptances outstanding in the
Eastern cities— Total
35
3
St. Louis
3
Dallas
market on the last day of the month beginning
Minneapolis
12
Chicago
3
Boston
2
Kansas City, Mo.
8
December 1924 as reported by makers of bankers'
2
New Orleans
6
Philadelphia
acceptances, including banks and bankers in the
3
Pittsburgh
2
Seattle
Atlanta
2
Buffalo
1
United States and agencies of foreign banks in
2
Cleveland
Baltimore
1
Richmond
1
2
Detroit
this country. The amount of acceptances based
on imports, exports, goods stored in or shipped
Loans maturing in 30 days to 12 months, in- between points in the United States and foreign
clusive, are reported separately from those maturing countries, and dollar exchange are shown sepain over 12 months, and only the short-term loans rately. These data have been compiled by the
are used in compiling the published averages. Re- American Acceptance Council through July 1936
ports for each city are consolidated on one report
form on which each rate shown is weighted accord- and by the New York Federal Reserve Bank
ing to the dollar volume of new loans made at that thereafter.
428
BANKING AND MONETARY STATISTICS
SECURITY MARKETS
Credit conditions are affected by and affect
various developments in security markets. An
important part of the Board's continuous study
of the general credit situation, therefore, is concerned with security markets and changes in
long-term money rates. An additional reason
for watching the security markets grows out of
the Board's responsibility for regulating margin
requirements for the purchase and sale of securities. In this respect credit policy is directly related to the security markets.
The statistics on security markets shown in
Tables 128-138 include five tables on bond yields
and prices (Nos. 128-132), four tables on stock
prices and trading in stocks (Nos. 133-136), and
two tables on the volume of new security issues
(Nos. 137 and 138). Current statistics for these
series on security markets, with the exception of
Tables 131, 132, and 135, are published regularly
in the Federal Reserve Bulletin. In addition, the
Board has developed special data on brokers'
borrowings and related figures, which are shown
in Tables 139-145 and arc described in the last
part of this text, pages 433-38.
Bond yields and prices. Tables 128-132 on
bond yields and prices include generally-used
series which reflect changes over a period of
years in the market valuation of obligations sold
by governments and by private corporations as
a means of obtaining funds. Changes in the
prices of such securities are useful as rough indicators of changes in the value of invested
funds, especially over short periods of time. Security prices, however, are not precise measures
of the cost of money to the user or of the return
to the investor. Changes in the cost of money
are more precisely measured by market yields,
which eliminate the effect on prices of differences
in the terms of securities, such as the coupon rate
and the length of time to maturity. Changes in
the rate of return realized by investors must be
gauged by reference to both price and yield
quotations. The latter indicate the percentage
rate of return on investments purchased at current market prices and held to maturity. They
do not necessarily reflect the yields realized by
purchasers on other dates, nor the yields realized
by investors who dispose of their obligations
before maturity. For each of these cases, price
changes may be more important than market
yield levels.
Yields for different types of securities reflect
the general interest rate level and differences
in underlying risk. Yields on the highestgrade obligations—those of governments and
the best corporate obligations—represent more
nearly than any other series the general level of
interest rates. The cost of money to borrowers
whose activities involve more risk—such as
private borrowers in many lines of business
activity—is represented by yields on mediumand lower-grade obligations. However, a large
part of the capital funds used by these organizations is represented by equity securities for
which there is no fixed contractual rate of
return.
Tables 128, 129, 131, and 132, which are described in detail on pages 429-30,, show yields on
bonds of various qualities, including high-grade
bonds—United States Government, municipal,
and corporate—and three quality grades for corporate obligations below the highest grade.
Four yield series are shown for high-grade
corporate bonds. Two of these, Aaa bords and
high-grade bonds, arc shown monthly in Table
128 and weekly in Table 129. The series for
Aaa corporate bonds is typical of the general run
of high-grade bonds, callable and non-callable,
while the series for high-grade corporate bonds,
compiled and published by the United States
Treasury Department, represents non-callable
bonds or callable bonds selling below call price
in other words, bonds which are free to reflect
changes in interest rates.
The other two yield series on high-grade corporate bonds—annual basic yields of corporate
bonds with various periods to maturity, 19001942 (Table 131), and monthly yields of highgrade railroad bonds, 1900-1936 (Table 132)-are long-run series designed to measure changes
in interest rates. These series were published by
the National Bureau of Economic Research. The
basic yield is defined as the yield of the highestgrade bonds free from extraneous influences, that
is, bonds that are non-convertible, non-callable,
fully taxable, actively traded, free from manipulation, etc. The series on yields of railroad
bonds represents long-term issues of the highest
grade of a single industry; these yields have been
adjusted to eliminate "economic drift."
Table 130, described in detail on pages 429-30,
includes monthly price series for the approximate
range of bond qualities for which yield data are
shown in Table 128. The series on high-grade
bond prices—United States Government, municipal, and corporate—begin in 1,919, and on
bonds below the highest grade in 1937. The
quality of bonds represented by the price series
for medium- and lower-grade obligations is
nearer to that of Baa issues than to any other
quality group for which yield series are shown
in Table 128. For United States Government
MONEY RATES AND SECURITY MARKETS
bonds a weekly price series beginning with 1934
is shown along with the weekly yield series in
Table 129. Weekly figures are not given for
the other bond price series.
In general the bond price series are not averages of actual prices. They are derived from
bond yields and represent the price equivalent
to the yield on the basis of a specified coupon
rate and term to maturity. Bond prices derived
in this manner indicate the price movements
of a representative bond of unchanging coupon
and maturity. They do not, however, measure
accurately the average level of current price
quotations in the market. In the case of the
United States Government bond price series, for
example, the terms selected for the period beginning with 1931, a 2% per cent 16-year bond,
were about the average coupon rate and the
average period to maturity that prevailed for
the period 1936-1941 for partially tax-exempt
long-term United States Government bonds. For
recent years, therefore, both the level and the
fluctuations of this price index represent with
reasonable accuracy those of the long-term partially tax-exempt bonds actually outstanding.
Details concerning the composition of individual yield and price series, as well as the
sources of the data, are given in the following
paragraphs.
United States Government Bonds
Yields— (Tables 128 and 129). Source, United
States Treasury Department. Long-term Government yields from January, 1, 1919, through October
14, 1925, are unweighted averages of yields of all
outstanding partially tax-exempt Government bonds
due or callable after eight years, and those from
October 15, 1925, to date, of all such bonds due or
callable after twelve years. Averages for the two
sets of bonds were identical from October 15, 1925,
through July 16, 1928. The maturity of issues ineluded in the average was changed because of
significant differences in recent years between yields
of medium- and long-term Government bonds,
which impaired the usefulness of the earlier series
as a measure of long-term Government security
yields. Beginning with the week ended October 25.
1941, Table 129 shows also average yields on taxable bonds (first issued in March 1941) due or callable after twelve years.
Each new bond with a period to call or to
maturity of more than the minimum is included
upon da.te of issue and dropped when its period to
call or to maturity reaches the minimum. The
yields are figured to call date when the issue is
selling above par and to maturity date when the
issue is selling below par. Monthly and weekly data
are averages of daily figures. Further details appear
in the Federal Reserve Bulletin for December 1938,
page 1045.
prices_ (Tables 129 and 130). Source, United
States Treasury Department. The monthly series
shown in Table 130 is derived from the average
yield series shown in Table 128 while the weekly
series shown in Table 129 is derived from the yield
429
series for partially tax-exempt bonds appearing in
the same table. Prior to 1931, the price equivalent
was computed from average yields on the basis of a
4 per cent 16-year bond; beginning with 1931 the
basis has been a 2% per cent 16-year bond. Fractional prices are expressed as decimals. In January
1931 the difference between the two series was 15.6
points. Monthly and weekly data are averages of
daily figures. Further details appear in the Federal
Reserve Bulletin for November 1940, pages 1179-80.
Municipal Bonds (high-grade)
Yields—(Tables 128 and 129). Source, Standard
and Poor's Corporation, Long Term Security Price
Index Record (through December 31, 1940), pages
137-38; Security Price Index Record, 1941 and 1942,
page 16. The yield series is an unweighted arithmetic average of the yields to maturity of 15 highgrade bonds. Monthly data 1919-1928 are based on
the mean of high and low quotations for the month;
January 1929-ApriI 1930, on Thursday closing quotations; monthly figures thereafter, and all the weekly
figures shown for this series, are based on Wednesday closing quotations.
Prices— (Table 130). Source, Standard and Poor's
Corporation, Security Price Index Record, 1941 and
1942t page 16. This series is derived from the average yields shown in Table 128 on the basis of a 4
per cent 20-year bond.
Corporate Bonds
Yields (high-grade)—T&bles 128 and 129). Source
United States Treasury Department. Monthly data
prior to April 1938 and weekly data prior to April
9, 1938, are based on quotations for Saturday; thereafter on daily quotations. Yields are computed on
the basis of closing prices on the New York Stock
Exchange and the New York Curb Exchange. For
days when an issue is not traded, the price of the
last preceding sale is used.
This average was compiled in 1935 because published series included bonds selling above their call
prices which, as a result, had lost their sensitivity to
changes in interest rates. The averages were carried
back to 1933 and included 9 non-callable bonds,
January 6, 1933-December 6, 1935; 15 non-callable
bonds or callable bonds with a coupon rate not
higher than 3% per cent, December 7, 1935-July 31,
1937; and 20 such bonds beginning August 1, 1937.
In 1939 the callable bonds included were selling
above their call prices, and a new index was compiled of 5 bonds which were "actually free to move."
This index was carried back to September 14, 1938,
when the new and the old averages were identical;
it was further revised beginning July 1, 1941, so
that each of the 5 bonds is either non-callable or
has a coupon rate not exceeding 2% per cent. Further
details appear in the Bulletin of the Treasury Department for April 1943, page 61.
Yields (Moody's)^ (Tables 128 and 129). Source,
Moody's Investors Service. This series is an unweighted arithmetic average of the yields for individual bonds, based on closing prices. Prior to
1928 monthly average yields are based on the average of the month's high and low sale prices for
each bond; 1928 and 1929, on bi-weekly closing
quotations; January 1930-October 1931. on weekly
closing quotations; monthly figures beginning November 1931 and all weekly figures are based on
daily closing quotations. The averages are based on
60 bonds from 1919 to 1927, and on 120 bonds
beginning with 1928, i.e., 5 and 10, respectively, in
BANKING AND MONETARY STATISTICS
430
each rating sub-group. There have been a few
exceptions, in the industrial group since 1934 and in
the railroad group since 1938, as a result of the limited number of suitable issues. At the end of 1941
the industrial Aaa and Aa groups contained 4 and
3 issues, respectively; and the railroad Aaa and Aa
groups, 5 and 9 issues, respectively; as compared
with 10 issues in each other sub-group.
Prices—(Table 130). Source, Standard and Poor's
Corporation, Long Term Security Price Index Record (through December 31, 1940), pages 127, 14247; Security Price Index Record, 1941 and 1942,
pages 19-21. For high-grade issues prices are derived
from average yields to maturity on the basis of a
4 per cent 20-year bond. Prior to 1929 the monthly
yield series used is essentially an unweighted average
based on monthly high and low quotations of 15
bonds in each of three industrial sub-groups; foi
the period 1929-1936 the average yield is based on
one quotation per month for each bond in a varying
group of Al-f- issues. Beginning with 1937 the average yield in based on the 5 median yields in a list
of 15 high-grade issues.
For medium- and lower-grade issues the price
is an unweighted average of the derived prices
for three industrial sub-groups, each being derived
from an average yield on the basis of a 5 per cent
coupon and 20-year maturity. The industrial group
yield is an average of the three median yields in
a list of five medium-grade bonds and the three
median yields in a list of five lower-grade bonds;
the railroad and public utility group yields are
averages of the four median yields in a list of ten
medium-grade bonds and the four median yields in
a list of ten lower-grade bonds.
For defaulted issues, the price series is an average
of actual prices. The figures are an average of
eleven median quotations in a group of fifteen bonds.
Basic yields—(T&b\s 131). Source, David Durand,
Basic Yields of Corporate Bonds, 1900-1942, National Bureau of Economic Research, pages 5-6.
This series utilizes data compiled by the Corporate Bond Project, a Work Projects Administration undertaking supervised by the National Bureau
of Economic Research. The project was carried on
with the cooperation of several public agencies (including the Board of Governors of the Federal
Reserve System) and several private investment
services,
The basic yield series represents the yield
estimated as prevailing in the first quarter of each
year on the highest-grade corporate issues,
classified by term to maturity. This series is based
on monthly high and low quotations of practically
all the actively traded high-grade corporate issues
outstanding since 1900, with occasional reference to
municipal and Government yield quotations for
interpolation of maturities. The yields of bonds
outstanding in any one year were plotted by term
to maturity on scatter diagrams. The basic yield
curve for each year is a free-hand trend line so
fitted that it passes below most of the yields on the
chart, but usually above a few isolated low yields.
For convenience, 1942, the last year covered by the
series, is included in the table; yields for 1942 are
based on January and February prices.
High-grade railroad yields—(Table 132). Source,
Frederick R, Macaulay, The Movements of Interest
Rates, Bond Yields and Stock Prices in the United
States Since 1856, National Bureau o f . Economic
Research, Appendix A, Table 10, column 5, pages
A141-61. The railroad industry was selected as the
basis for a long-time study of bond yields because
no other industry had securities of comparable
importance as early as 1857, and until recent years
no other industry had as high a credit rating. This
series is available monthly for the period January
1857-January 1937.
This series is a geometric average of yields of
long-term high-grade railroad bonds, adjusted to
eliminate economic drift due to secular changes in
the quality of the bonds. Yields for individual bonds
are based on arithmetic averages of monthly high
and low sale prices. With a few exceptions, the index
includes no bonds with maturities under 10 years,
and since 1909 the minimum has been 14 years.
The number of bonds on which the index is based
was 13 in 1857, and increased gradually to 37 in
1900; it varied between 36 and 45 until 1930 and
declined to about 28 in 1935.
Stock prices and trading in stocks.
Tables
133 and 134 include generally-used series on
prices of common and preferred stocks. Monthly
figures are shown in Table 133, beginning with
1900 for common stocks by broad industrial
groups, and with 1910 for preferred stocks.
Weekly figures for the common stock series, beginning with 1934, are shown in Table 134. The
common stock price series, selected from the
variety of such price series published by different organizations, is that which is computed
beginning with 1918 by Standard and Poor's
Corporation and for earlier years by the Cowles
Commission; it is representative of the bulk of
stocks traded rather than a small number of
leading stocks. The series is an index with 19351939 as the base period. Monthly figures beginning with 1900 for broad industrial groups (industrial, railroad, and public utility) and weekly
figures beginning with 1918 for the same broad
industrial groups as well as for sub-groups are
available ,in Standard and Poor's Long Term
Security Price Index Record (through December 81, 1940). The preferred stock prices
are adjusted prices, also compiled by Standard
and Poor's Corporation, and are shown monthly
in Table 133 but not weekly in Table 134.
Weekly figures are available in publications of
Standard and Poor's Corporation.
Further details on these series are given in
the following paragraphs.
Common stocks—(Tables 133 arid 134). Source,
Standard and Poor's Corporation, Long Term
Security Price Index Record (through December 31,
1940), pages 5-7, 9-11, 118-19; Security Price Index
Record, 1941 and 194%, page 3. This series is an
index with the base period 1935-1939. Prices are
weighted according to the number of shares of stock
outstanding, with adjustments for stock dividends,
split-ups, issuance of rights, addition of new stocks
or the dropping of old, acquisitions, and consolidations. Monthly indexes 1918-1941 are based on
closing prices, or the last preceding sale price, for
one day each week as follows: Wednesday, January
i&lS-Qctober 1923; Monday, November 1923-
MONEY RATES AND SECURITY MARKETS
December 1925; Friday, 1926-1928; Thursday,
January 1929-April 1930; Wednesday, May 1930 to
date. The number of stocks in the index has been
changed from time to time as it seemed advisable
to include in the series stocks of new industries
whose activities had become of major importance
to business. The number of stocks in the index in
1941 is shown in the table.
Indexes 1871-1917, by broad industrial groups,
were published originally by the Cowles Commission
on a 1926 base and have been adjusted to a 19351939 base and republished by Standard and Poor's
Corporation. Monthly figures, by industrial subgroups, on a 1926 base are also available for the
period 1871-1938 in Common-Stock Indexes by
Alfred Cowles 3rd and Associates, published by the
Cowles Commission for Research in Economics. The
indexes of the Cowles Commission are constructed
by the same general methods as those for later years
compiled by Standard and Poor's Corporation,
except that monthly high and low prices are used
instead of closing prices for one day each week.
Preferred stocks— (Table 133). Source, Standard
and Poor's Corporation, Long Term Security Price
Index Record (through December 31, 1940), pages
78-79; Security Price Index Record, 1941 and 1942,
page 11. As in the case of bond prices, preferred
stock figures are not averages of actual prices. Prices
are adjusted to represent a preferred stock with par
value of $100 and a dividend of $7 per annum.
Prior to February 1928 monthly data are averages
of monthly high and low prices for 20 high-grade
industrial preferred stocks, the price of each of
which was adjusted before averaging. Beginning with
February 1928 the data are based on one price
weekly, which is derived from an average of nine
median yields in a list of 15 high-grade non-callable
industrial and public utility preferred stocks. The
day of the week selected was Friday, FebruaryDecember 1928; Thursday, January 1929-April 1930;
and thereafter Wednesday.
Statistics on the volume and value of trading
in stocks on the New York Stock Exchange are
shown in Tables 135 and 136. Table 135 gives
monthly data on the volume of trading on the
New York Stock Exchange during the period
1900-1941. The first part of the table shows
the volume of share trading in round lots on the
New York Stock Exchange during this period
as reported on the Exchange ticker; this series
excludes "odd-lot" transactions and "stoppedstock" transactions, which are not reported on
the Exchange ticker. Prior to April 1935 no
record of these excluded transactions is available, but it has been estimated that they have
averaged about 30 per cent of the amount of
the published totals of "reported" transactions.
The second part of Table 135 presents figures
published by the Securities and Exchange Commission for the period 1935-1941 on the total
volume of shares sold on the Exchange, and the
money value of these sales. These figures include round-lot volume, as reported by the New
York Stock Exchange, and also trading in odd
lots and certain "unreported" round-lot transac-
431
tions. They are compiled by the Commission
from reports furnished by members of the New
York Stock Exchange in connection with fees
payable under the Securities Exchange Act of
1934. Statistics on the volume of trading on
exchanges other than the New York Stock Exchange are available in reports 6i the Securities and Exchange Commission and elsewhere; in
general these statistics have tended to fluctuate
with those relating to the New York Stock Exchange, but have reflected a much smaller total
volume of trading.
Table 136 gives weekly figures of the average
daily volume of trading in stocks on the New
York Stock Exchange from 1934 to 1941. These
figures, like the first set of monthly figures in
Table 135, are based on reported round-lot trading on the Exchange. The figures are adjusted
to represent the average daily volume for a fivehour trading day, which facilitates comparisons
between weeks by eliminating the effect of differences due to holidays and the Saturday short
trading day.
New security issues.
Tables 137 and 138
show monthly figures on the volume of new
issues of securities offered for sale in the United
States. This method of securing funds is used
mostly by governments and by large business
organizations. New securities are offered (1)
to obtain new money—resulting in increased
debt, or, in the case of stock issues by corporations, in increased equity capital—and (2) to refund, retire, or otherwise acquire existing securities—resulting in a change in the type or terms
of securities outstanding and at times also in
the cost of obtaining funds without affecting the
aggregate amount of funds invested.
Table 137 gives the most comprehensive data
available over a period of years on new security
issues. The data begin with 1919 and cover all
issuers in the United States other than the United
States Treasury. The series on domestic issues in
this table are compiled by the Commercial and
Financial Chronicle and on foreign issues by the
United States Department of Commerce. Table
138 provides additional information on corporate
issues, beginning with 1934, showing proposed
uses of proceeds for major groups of issuers.
These data are compiled and published by the
Securities and Exchange Commission. Current
figures for Tables 137 and 138 appear in the
Federal Reserve Bulletin.
Statistics on new security offerings shown in
Table 137 beginning with 1919 are classified by
domestic issues and foreign issues. Domestic
issues are broken down into three groups: Federal agencies (other1 than the United States
Treasury), State and municipal governments,
482
BANKING AND MONETARY STATISTICS
and corporations; corporate issues are further
classified by three types of securities: bonds and
notes, preferred stocks, and common stocks. For
these classifications the table shows separate
figures for refunding and for new capital. As
defined by the Commercial and Financial
Chronicle, the term "refunding" refers to those
securities offered for the purpose of taking up
securities already outstanding: i.e., the substitution of a new security for an old one. This
classification includes also offerings of new securities for exchange purposes: i.e., offerings
made only to holders of the old securities to be
retired. Issues "for new capital" include all
amounts other than refunding: i.e., for such purposes as new plant and equipment (construction
and additions), improvements to plant and
equipment ? repayment of bank loans, acquisitions of securities and other property, working
capital, and general corporate purposes. Figures
for the late twenties, especially the years 1928
and 1929, include substantial amounts of stock
issues of investment trusts and holding companies offered for the purpose of buying other
securities.
The Commercial and Financial Chronicle in
its publication of these figures also includes summary information on individual corporate security issues and statistics on domestic and
foreign corporate security issues by types of securities and by twelve industrial sub-groups.
The most recent revisions of the monthly figures
beginning with 1919 have been published by the
United States Department of Commerce in the
monthly Survey of Current Business, as follows:
domestic corporate issues, by types of securities,
in the Survey for February and April 1938, and
domestic and foreign corporate issues by industrial sub-groups (the twelve original sub-groups
being combined into six sub-groups) in the
Survey for May 1938. Figures for foreign
security issues shown in Table 137 were taken
from the Hand Book on American Underwriting
of Foreign Securities, and supplements, and the
Balance of International Payments, publications
of the United States Department of Commerce.
The classification of corporate security issues
according to proposed uses of proceeds, shown
in Table 138, provides a more accurate picture of
the gross additions to capital structure intended
by corporations through new security offerings.
The first part of this table gives figures for all
corporate issuers, showing estimates of gross and
net proceeds of offerings and a breakdown of
the latter into new money, retirement of securities, repayment of other indebtedness, and
other purposes. New money is further segregated into working capital, and plant and equip-
ment. The second part of the table shows somewhat less detail concerning proposed uses of net
proceeds for four main groups of issuers: railroads, public utilities, industrial companies, and
others. This series includes domestic and foreign
corporate issues offered for cash in the United
States, regardless of whether the issues are publicly or privately placed and regardless of
whether they are registered under the Securities
Act of 1933.
Other data on new security offerings, beginning with 1934, compiled and published by the
Securities and p]xehange Commission but not
shown, cover all issuers —corporate and noncorporate—including the United States Treasury.
Security offerings are classified by type of offering, by type of security, and by type of issuer.
Current monthly figures for these series are
available in the Statistical Bulletin, published
monthly by the Securities and Exchange Commission.
Figures for corporate issues in Tables 137 and
138 do not show the same totals. The discrepancies are accounted for by differences in coverage
and in tabulation procedure. Differences in the
monthly totals sometimes result from the inclusion of a particular issue in different months in
the two series. Another difference is that the
Securities and Exchange Commission estimates
include foreign corporate securities offered in the
United States, whereas the Chronicle series of
corporate issues shown in Table 137 covers only
those of domestic corporations. Further explanation of discrepancies together with other details
concerning the data are given in the following
paragraphs.
Issues Included
Table 137. The Chronicle relies on the financial
press, underwriters, and on its own reporting service for information concerning offerings of new securities. The Chronicle series includes issues publicly
listed as being for sale, except United States Treasury issues, and private placements which are announced to the public after sale. Not included are
intercorporate transactions, public offerings of issues
already outstanding whose owners are merely disposing of them through public sale, and debt issues
of less than one year to maturity. One important
exception is the inclusion of short-term debenture
issues of Federal intermediate credit banks.
The chief sources of information used by the
Department of Commerce in its compilation of
foreign issues are news items of offerings and salen
of new issues to unclerwriters, advertisements of
offerings where available, files of bank circulars,
economic services, and investment manuals. The
compilation covers those issues of foreign governments and corporations which are advert inn! for
public subscription in the United States, and it includes only that part of each issue which is placed
in the United States. Offerings in this country by
United States corporations operating abroad are in-
MONEY RATES AND SECURITY MARKETS
eluded to the extent that it can be ascertained that
the proceeds or part of the proceeds are to be spent
abroad. Although most of the foreign issues have
maturities of more than one year, a number of issues
of shorter maturity are included. Amounts for refunding include that part of the issue which is assigned to the redemption of existing securities held
by investors in the United States.
*Table 138. The Securities and Exchange Commission figures include corporate securities actually
offered for cash in the United States, irrespective
of whether the issues are offered publicly or privately, or of whether they are registered under the
Securities Act of 1933. The statistics thus embrace
certain offerings which are exempt from registration
under the Securities Act of 1933 by virtue of
the nature of the transaction or the character of the
issuer, such as securities of common carriers and
issues not offered publicly. In general, the data
cover all corporate issues over $100,000 in amount
which mature in more than one year that are reported as offered for cash in the financial press, in
documents filed with the Commission, or in other
available sources. Issues which may be reported in
these sources but which are excluded from the statistics are issues sold through continuous offerings
(such as issues of open-end investment companies),
intercorporate transactions, parts of issues known to
have been sold outside of the United States, and
notes sold to banks where such banks were the sole
purchasers.
The statistics on new corporate offerings are
distinct from the statistics of securities effectively
registered under the Securities Act of 1933, also
published by the Securities and Exchange Commission. Registered securities constitute only part
of all new issues offered for cash. Furthermore, the
statistics on new offerings include actual offerings
only, whereas the statistics of registration reflect
merely the intention of registrants to sell securities.
In general the classes of issues excluded from the
Securities and Exchange Commission compilation
appear also to be excluded from the Chronicle
series, although, there are some exceptions. The inclusion by the Chronicle of Federal intermediate
eredit bank debentures maturing within a year, mentioned above, is an illustration. A few issues of less
than $100,000 are reported in the Chronicle series
while some issues of larger amounts may be ex-
433
cluded. Some private sales of notes to commercial
banks where such banks are the sole purchasers may
be included in the Chronicle aeries.
Classification of Issuers
Table 137. "State and municipal" includes issues
of all political subdivisions in the United States.
"Federal agencies" includes publicly-offered issues,
both guaranteed and not guaranteed, of United
States Government corporations and credit agencies,
but excludes direct obligations of ths United States
Treasury. "Corporate"
includes offerings
of
domestic corporations, other than Federally owned
corporations.
"Foreign" includes issuers in United States territories and possessions as well as foreign governments and foreign corporations. As stated above,
issues of United States corporations operating abroad
are included to the extent that proceeds are to be
expended abroad.
Table 138. "Corporate" includes issues of both
foreign and domestic corporations offering securities
in the United States. "Public utility" includes electric light and power, gas, water, telephone and telegraph, and street railway companies. "Industrial"
includes companies engaged in such activities as
manufacturing and mining, merchandising, construction, service industries, motor transportation, pipe
lines, steam shipping, aviation, and radio. "Other"
includes companies classified as finance and investment, real estate, and foreign industrial.
Tabulation Procedure
Table 137. The Chronicle figures of amount
offered represent the par amount offered in the
case of bonds, notes, and preferred stocks of a stated
par value, and number of units multiplied by the
offering price in the case of preferred stocks of
no par value and all classes of common stock. The
Department of Commerce tabulation of foreign
issues follows the same procedure,
Table 138. The Securities and Exchange Commission estimates of gross proceeds are derived by
multiplying principal amounts or number of units
by offering price; net jyroceeds are equal to
estimated gross proceeds less cost of flotation: i.e.,
compensation to underwriters, agents, etc., and
expenses.
BROKERS' LOANS
Funds borrowed for the purpose of purchasing or carrying securities have been variously
designated—most frequently as "brokers' loans"
—but also as "street loans," "call loans/' and
"brokers' borrowings/' The tables in this section provide various series on brokers' loans and
related statistics, some of which are largely of
historical interest: Tables 139-142 give several
series on brokers' loans; Tables 143 and 144 provide figures on customers' debit balances, which
represent credit extended by brokers to their customers, and which, together with other items
shown in the table, are factors in determining
the demand for brokers' loans; Table 145 shows
the margin requirements fixed by the Board of
Governors on loans for the purpose of purchasing or carrying securities.
The statistics on brokers' loans shown in
Tables 139-142 are presented from two standpoints: the borrowers, that is, the brokers and
dealers in securities, represented chiefly by members of the New York Stock Exchange; and the
lenders, represented chiefly by member banks in
New York City. These figures differ somewhat as
to their statistical bases, as is brought out in the
general description of each of the tables in the
following paragraphs and in the detailed description of these tables which appears at the
end of this text under the heading "history and
description of data."
434
BANKING AND MONETARY STATISTICS
There are three sets of figures relating to
credit for the purpose of purchasing or carrying
securities which are of most use currently; two
of them are not included in this section but are
shown in other sections of this volume. These
series, for each of which current figures are
available in the Federal Reserve Bulletin, are
the following:
(1) Bank loans to brokers and dealers represented
by the series for weekly reporting member banks
in New York City, shown in Table 49, Section 4,
(2) Bank loans for the purpose of purchasing or
carrying securities, to brokers and dealers and to
others, by all member banks, shown by call dates
in the classification of loans in Table 19, Section 2.
(3) Credit extended by brokers carrying margin
accounts, shown in Table 143 of this section under
the heading "customers' debit balances."
Nature of the market for brokers' loans.
The market for brokers' loans, as it is generally conceived, is centered around the New
York Stock Exchange. Although some of these
loans grow out of a customer relationship between banks as lenders and brokers and dealers
as borrowers, the majority are made in the open
market on a strictly impersonal basis. The
market in which these loans are made was
until recent years the most active and the most
sensitive of the money markets of the country.
It was the market where surplus funds of banks,
and sometimes of other lenders, could generally
be readily placed or from which funds could be
quickly withdrawn when needed. Because of the
dominance of call loans, the branch of the'money
market dealing in brokers' loans has been frequently designated as the call money market.
Most of the trading in securities listed on exchanges is carried on in this country through the
so-called stock commission houses, which are
brokerage firms. These houses not only act as
agents in the purchase and sale of stocks and
bonds but they also carry these securities on
margin for their customers. Funds in excess of
the margins deposited by the customers are
largely obtained by the brokers by borrowing
from banks; the loans are collateraled with
securities held by brokers for customers or for
their own account.
In contrast with commission house borrowing,
dealers in securities borrow for the purpose of
purchasing and carrying securities for distribution. . Borrowings by dealers to cover unsold
securities are included in most of the series
relating to brokers' loans; to this extent
brokers' loans reflect not only ordinary credits
for the purchase or carrying of securities but
also investment banking transactions. In recent
years some important fluctuations in the series
have reflected borrowings of dealers in United
States Government securities.
Most of the volume of brokers' loans, however, arises from the extension of credit by the
brokers to their customers for whom they are
carrying securities on margin. These extensions
of credit, which are the most direct reflection
of margin speculation by the public, appear on
the brokers' books as "customers' debit balances." Monthly figures on customers' debit
balances are available beginning November 1931,
and are shown in Table 143. Foi\ the period
before November 1931 there is not available any
compilation that would indicate the volume of
these customers1 debit balances, and the fluctuations of the figures on brokers' loans are therefore the best available indication of fluctuations
in the volume of margin accounts during that
period.
Brokers' loans by groups of lenders. In Table
139 are brought together the various sets of data
representing loans to brokers in New York City
by major groups of lenders for the period 19181938. The data have been assembled from various sources and where gaps occurred estimates
have been used. The figures are not precise
measures but are representative of movements at
approximate quarterly intervals for the principal
groups of lenders—New York City banks, outside banks, and others. The figures cover primarily loans to brokers and dealers in securities
in New York City, most of whom are members of
the New York Stock Exchange; but loans to certain investment banking houses that do nos have
Stock Exchange seats, as well as loans to brokers
and dealers belonging to other stock exchanges,
are also classified as brokers' loans in the figures
reported by banks.4 Loans on security collateral to individuals or firms that do not deal in
securities, even though for the express purpose
of carrying securities, are not designated as
brokers1 loans.
Most of the loans to brokers and dealers in
New York City made "by outside banks" have
been made by them through the medium of New
York banks. The "other lenders" comprise
foreign banking agencies, corporatioixs, other
brokers, and individuals possessing idle funds
seeking transitory employment. No statistics
are available indicating the distribution of loans
among these various groups of non-banking
lenders. In compiling the figures for this group
an attempt was made to include all known loans
to brokers and dealers in securities except those
made by or for member banks. The series shown
in Table 139 for loans by others than banks
provides the most comprehensive set of figures
4
See detailed description of data on pp. 436-37.
MONEY RATES AND SECURITY MARKETS
available for these loans, which played so important a part in stock market developments in
1928-1930. Table 139 ends with 1938 because
exactly comparable data are not available after
that year. A brief description of the methods
of deriving the figures shown in Table 139
appears on pages 436-37.
Brokers' loans by New York City banks.
Tables 140 and 141 provide weekly statistics on
the volume of credit extended by New York
City banks for their own account and for the
accounts of correspondents to brokers and dealers in securities for the period from 1917 through
1935. Figures are from a special daily reporting service for the period October 1917 through
January 1926 (Table 140), and from the regular
weekly reporting member bank service from the
beginning of 1926 to the end of 1935 (Table
141).
Since 1935 most of the so-called street loans,
i.e., loans to brokers and dealers in New York
City, have been made by New York City banks
for their own account. The amount of loans
made to New York brokers by out-of-town banks
has been small and the Securities Exchange Act
of 1934 prohibited banks from making loans to
brokers for the account of others than banks.
For these reasons publication of figures comparable with the earlier series showing loans by
New York City banks for account of outside
banks and others was discontinued in 1935. The
weekly reporting member bank figures of brokers 7
loans made by New York banks for their own
account only, shown for 1935-1941 in Table
49, Section 4, provide a satisfactory continuation of the total street loans given in Tables
140 and 141.
Borrowings by members of New York Stock
Exchange. Table 142 shows the amounts borrowed on collateral in New York City by members of the Stock Exchange as of the last day
of each month from September 1918 through
November 1922 and from 1926 through 1941.
Figures for the period 1918-1922, which were
collected as a part of the war-time controls,
were first published in 1926 when the monthly
reports were started again. The figures for 1941
are on a different basis from the figures for
earlier years; the 1941 figures include amounts
borrowed whether with or without collateral
and whether in New York City or elsewhere.
The more detailed data for member firms carrying margin accounts, as compiled by the
Board of Governors since 1935, are given in
Tables 143 and 144.
Debit and credit balances of member firms.
Tables 143 and 144 show various statistics related to credit extended by stock brokers, on
435
the basis of reports made by member firms of
the New York Stock Exchange carrying margin
accounts for customers. The number of these
firms was about 420 in 1936 and 1937 and was
about 300 in 1942; it is estimated that they account for at least 90 per cent of the total credit
extended by security brokers and dealers in the
United States.
The principal items shown in these tables are
"customers' debit balances/' representing credit
extended by brokers to their customers, and
"money borrowed," representing most of the
credit obtained by these brokers. Table 143
contains monthly figures for these two series
and the principal related items, while Table 144
contains semiannual figures for all the items
obtained from the reporting firms. Monthly
estimates for the two principal series, and
also for "customers' free credit balances/' which
represent customers' funds held by brokers
pending investment or pending remittance to
the customer, are published currently in the
Federal Reserve Bulletin; after July 1942 the
detailed'data are available on a semiannual basis
only.
The fact that brokers' borrowings amount to
less than the credit extended by brokers to their
customers is accounted for by the fact that
brokers hold substantial credit balances of customers in addition to their own capital funds;
brokers also keep substantial bank balances,
partly offsetting customers' credit balances. The
tables indicate that movements in the volume of
brokers' borrowings have usually corresponded
approximately with movements in customers'
debit balances, but that changes in brokers' borrowings have at times reflected changes in other
items, particularly in customers' credit balances,
in cash currently held by brokers on deposit in
banks, or in the firms' financial requirements -for
purchasing or carrying securities for their own
account.
Margin requirements. Table 145 indicates the
margin requirements that have been in effect
under Regulations T and U issued by the Board
of Governors of the Federal Reserve System
pursuant to the Securities Exchange Act of 1934,
The requirements under Regulation T, which
became effective October 1, 1934, and which
applied to extension of credit by brokers and
dealers, were the same as those set forth as a
standard by the Securities Exchange Act, which
placed margin requirements on various issues of
listed stocks and bonds in the range from 25 to
45 per cent, the requirement for each issue depending on the relationship between its current
price and its lowest price since July. 1, 1933. As
of February 1, 1936, the Board raised the
BANKING AND MONETARY STATISTICS
436
brokers and dealers in securities, divided as between
borrowers in New York City and those elsewhere,
and this subdivision was continued until May 1937.
These figures, however, were not published until
1934, when there was a general revision of the
weekly reports.6 Figures of brokers' loans made for
own account by weekly reporting member banks in
101 leading cities are shown in Section 4, Tables
48-50 for banks in 101 cities, for New York City
banks, and for banks outside'New York City; call
report figures for all member banks, by classes of
banks and by Federal Reserve districts, are given in
Part I, Section 2, and in Part II in the tables showing classification, of loans; brokers' loans by insured
banks are given in Section 3.
Another reporting series began in 1935 with the
institution by the Board of Governors of the Federal Reserve System of detailed monthly reports
from member firms of the New York Stock Exchange carrying margin accounts for their customers.
The resulting figures on the borrowings of these
firms are somewhat different from but fairly coinparable with the monthly figures of borrowings reported to the Exchange by its members.
Table 139. Figures for Table 139 were assembled
from a variety of sources and estimates have been
made to fill gaps in reported data. The table ends
with 1938. Exactly comparable data are not available after 1938 because bank loans to brokers and
dealers in New York City have not been reported
separately from those to brokers and dealers outside
New York City. Most of the brokers5 loans by
New York City banks are to New York borrowers
and in recent years loans in New York by outside
banks and by others have been very small,
The total shown is the figure for net borrowings
of New York Stock Exchange members from all
lenders (rounded to the nearest 10 million dollars)
for end of quarter dates from September 1918 to
September 1922 and from March 1926 to December
1928 as shown in Table 142. For other dates the
figure is the total of the other three columns derived as described below.
Loans by New York City banks are: from September 1918 to June 1928, street loans made for own
account by a group of daily reporting banks in
New York City; from October 1928, call report
data of loans made by central reserve city member
banks in New York City to brokers and dealers
in securities in New York City. Figures for
March 31, 1932, for which date there was no call,
are estimated.
Loans by outside batiks are: from September
1918 to December 1925, two-thirds of total loans to
brokers by New York City banks for correspondents; from March 1926 to June 1928, Roans to
brokers by New York City banks for out-of-town
banks, adjusted to exclude an estimate of such
loans made for customers of these banks; from
October 1928, call report data of loans made by
member banks outside New York City to brokers
and dealers in securities in New York City. Figures for March 31, 1932, are estimated.
Loam by others are: from September 1918 to
September 1922 and from March 1926 to December
1928, the difference between the total and the sum
of loans "by New York City banks" and "by outside banks." From December 1922 to Drcnmbor
1925 figures are rough estimates, representing onethird of street loans placed for correspondents by
requirements by increasing the upper limit of the
range to 55 per cent and as of April 1, 1936, the
55 per cent requirement was made applicable to
all listed stocks and bonds, regardless of previous
price. On May 1, 1936, Regulation U of the
Board of Governors made the margin requirements applicable also to loans made by banks
on stocks for the purpose of purchasing or carrying listed stocks. On November 1, 1937,
margin requirements were applied to short sales
of securities, and requirements on loans for
purchasing securities were reduced to 40 per
cent. At this time, lower margin requirements
were fixed on so-called special "omnibus" accounts, which are loans made to brokers and
dealers for financing their customers' transactions. Current information on margin requirements is published each month in the Federal
Reserve Bulletin.
History and description of data. Each series
of figures on brokers' loans had its inception in confidential reports started in 1917 and 1918 as an aid
in war-time controls over the money market. Leading banks in New York City made daily reports to
the Federal Reserve Bank of their loans to brokers,
and the New York Stock Exchange also secured
from its members monthly information on their outstanding borrowings. The Stock Exchange discontinued its reports at the end of 1922, but the
confidential daily reports of leading banks were
continued. None of these statistics on brokers'
loans were published prior to 1926.
Early in 1926 regular publication of two series of
brokers' loan figures was established—one reported
by the lenders and the other by the borrowers.
Statistics for prior years also were made available
for both series, thus making it possible to study the
movement of brokers' loans over a long period.
The regular statistics from banks were obtained
by extending the weekly reports of member
banks in New York City to cover loans to brokers
and dealers in securities, subdivided into three
groups—those for their own account, those for the
account of out-of-town banks, and those for the
account of others. The previous figures had shown
only two subdivisions—for own account and for
correspondents.5 At the same time the New York
Stock Exchange resumed the monthly reporting by
its members on the total volume of their borrowings, subdivided as before into borrowings on demand and on time and from New York City banks
and others.
Beginning in October 1928 all member banks included in their call reports statistics of loans made
for their own account to brokers and dealers in
securities, divided as between borrowers in New
York City and those elsewhere. Reports were continued in this form until December 1938, since
which time loans to brokers and dealers have been
reported as a single item.
Beginning early in 1929 weekly reporting member
banks in 100 leading cities outside New York began
to report loans made for their own account to
6
Differences between these series are explained more fully in
the description which follows of Tables 140 and 141; further details
appear in the Federal Reserve Bulletin for February 1926, pp. 97-99,
and for November 1926, p. 779.
6
See Federal Reserve Bulletin for November 1934, pp. 712-13.
MONEY RATES AND SECURITY MARKETS
New York City daily reporting banks plus a rough
estimate as to probable amount borrowed by
brokers from others; from March 1929, estimates for
call dates based upon comparison of data of borrowings from New York City banks and others
reported by members of New York Stock Exchange
for end of month, member bank call report figures
of loans to brokers and dealers in New York City,
and figures of street loans made for various accounts by New York daily reporting banks.
Tables 140 and 141. The figures in Table 140 covering the years 1917-1925 came, as already explained, from a group of leading New York City
banks which reported their street loans daily to
the Federal Reserve Bank of New York on a voluntary basis; these figures were published for the first
time in the Federal Reserve Bulletin for November
1926. That issue of the Bulletin (pages 779-86)
includes additional details concerning the figures
and a further classification of them into demand and time loans. The dates for which
the loans are shown each week correspond with
those of the weekly reporting member banks: that
is, Fridays until April 22, 1921, and Wednesdays
thereafter. Table 141, covering the period from
1926 through 1935, contains statistics on brokers'
loans as reported by all the New York City member banks that reported their condition weekly to
the Federal Reserve Bank of New York.
The basis of figures in Tables 140 and 141 differs
in the following respects: (1) Table 141 covers the
loans of all the weekly reporting member banks in
New York City, of which there were 61 on January
6, 1926, while Table 140 covers 43 banks, including
a few nonmembers, as of that date; these banks,
however, made a large proportion of the loans reported by the 61 banks. (2) Table 140 excludes
loans to dealers made by some reporting banks
while Table 141 includes all loans by the reporting
banks to dealers in securities as well as to brokers.
(3) Loans for correspondents as covered by Table
140 do not distinguish between loans for correspondent banks and for other correspondents, and do not
include all loans made for non-bank correspondents.
Statistics on loans to brokers and dealers by reporting member banks in New York City for own
account from 1929 to 1941 appear in Table 49, Section 4. For the period from January • 1929 to
August 1934, figures are shown separately for loans
"to brokers and dealers in New York City" and "to
brokers and dealers outside New York City." The
totals of these two items correspond to figures of
loans for own account shown in Table 141. The
single figure of "loans to brokers and dealers in securities," shown in Table 49,7 for the period from
September 1934 to December 1941 also corresponds
to loans for own account in Table 141. Since May
1937 the figures in Table 49 include, in addition to
loans secured by stocks and bonds, a relatively small
amount of unsecured loans to brokers and dealers
for the purpose of purchasing or carrying securities.
Statistics of brokers' loans for the account of
customers are shown in Table 141 classified by outof-town banks and by others. Most of the street
loans, i.e., loans to brokers and dealers in New
York City, made by out-of-town banks have gen7
The breakdown of loans between bprrowers in New York City
and those elsewhere was continued until May 1937 and the figures
•are published in an article on "Member Bank Statistics" in the
November 1935 Federal Reserve Bulletin, in the Annual Report of
the Board of Governors of the Federal Reserve System for 1935
(pp. 160-68), and 1936 (pp. 160-68), and in the Federal Reserve
Bulletin through May 1937.
437
erally been made through the medium of New
York City banks. The figures, however, of loans
by New York City banks for the account of out-oftown banks, shown in Tables 140 and 141, have at
times, particularly in the late twenties, included a
considerable amount of loans for the customers of
the out-of-town banks. These loans made for customers are excluded from the figures for brokers'
loans obtained in call reports for various classes of
member banks beginning with October 1928, shown
in Section 2, and in the weekly returns of member
banks in leading cities outside New York, shown in
Section 4, Table 50. As in the case of New York
City banks, these data for member banks were at
first broken down as between loans to brokers and
dealers in New York City and loans to those elsewhere; as stated earlier, this separation was abandoned for weekly reporting member banks in May
1937 and for all member banks after December
1938. Since 1935 only a small amount of loans to
brokers and dealers in New York City has been
made by banks outside New York City.
Table 142. The coverage of the monthly figures
given in Table 142 differs from the coverage of the
weekly figures in Tables 140 and 141 in that Table
142 represents money borrowed by New York Stock
Exchange members from all types of lenders in
New York City, while Tables 140 and 141 cover
borrowings of all brokers-and dealers at New York
City banks. The figures in Tables 140 and 141
thus include borrowings of brokers and dealers who
are not members of the New York Stock Exchange,
but do not include borrowings from sources other than
the reporting banks. Both the figures in Table 142 and
those in Tables 140 and 141 include not only borrowings by brokers to finance the commitments of
their margin customers but also borrowings by
dealers to finance securities carried for their own
accounts, either for holding or for distribution.
Because the figures in Tables 140 and 141, and also
the figures for loans to brokers and dealers in securities included in the tables in Sections 2 and 4 of
this book, include borrowings of important dealers
who are not members of the New York Stock Exchange, fluctuations in dealers' borrowings have affected the figures in these tables to a greater extent
than they have affected those in Table 142.
With reference to the figures for 1918-1922 in
Table 142, the New York Stock Exchange states:
"The abnormal factor of loans made in consequence
of United States Government war financing has
been eliminated from the 1918-1922 compilations/'
Classifications of borrowings by two groups of
lenders—(1) New York City banks and trust companies and (2) private banks, brokers, foreign banking agencies, etc.—and also by borrowings on demand and on time appear in the Annual Report oj
the Federal Reserve Board as follows: 1918-1922 in
Report for 1927, Table 47; 1926-1930 in Report for
1930, Table 57; 1929-1933 in Report for 1933, Table
93; 1933-1935 in Report for 1935, Table 65. Figures
since 1935 are not shown in annual reports but are
available in publications of the New York Stock
Exchange.
Tables 143 and 144. The figures since September
1935 are based on reports coljected by the Board
in connection with its responsibilities under the
Securities Exchange Act of 1934. In Table 143 the
figures from November 1931 to August 1935 are estimates based on data collected by the New York Stock
Exchange. After July 1942 reports from most of
these firms were put on a semiannual basis, but
BANKING AND MONETARY STATISTICS
438
monthly reports from a few large firms permit estimates which provide a continuation of the principal figures on a monthly basis.
The figures shown as "money borrowed" differ
somewhat from the figures on brokers' borrowings
published monthly by the New York Stock Exchange and shown in Table 142. The New York
Stock Exchange figures include money borrowed by
all member firms of that Exchange, but for years
prior to 1941 they cover only amounts borrowed
by these firms in New York City on security collateral. The figures in Tables 143 and 144 include
only the borrowings of member firms carrying
margin accounts but include all money borrowed
by these firms, except money borrowed from other
member firms* regardless of where the borrowing
is arranged and regardless of collateral.
The reported figures are derived from money
balances as shown by the ledger and they do not
show the value of the securities carried by the reporting firms for customers or the current market
value of the securities owned by these firms themselves. For this reason, and for the further reason
that some firms eliminate from their bocks such
assets as exchange seats, the summarized figures
of ledger balances do not disclose the "financial
condition" of the reporting firms. Neither does the
total amount reported against the item, "net balance in capital and profit and loss accounts and
partners' drawing accounts," represent the actual
net capital of these houses. Further details concerning the figures in Tables 143 and 144 appear in
the Federal Reserve Bulletin for September 1936,
pages 693-95.
MONEY RATES AND SECURITY MARKETS
439
NO. 115-FEDERAL RESERVE BANK DISCOUNT RATES ON ELIGIBLE PAPER,
MONTHLY, NOVEMBER 1914-DECEMBER 19411
[Rates on discounts and advances secured by eligible paper. Per cent per annum. Figures in parentheses indicate day of month new rate
became effective]
1914—November
December
March
April
May
June
July
August
September
October
November
December
1916—January
February
March
April
May
June
July
AugustSeptember
October
November
December,,
1917—January..
February,
March
April.
May
June
July
August. _____
September.
October, ;_
November.
December
1918—January.
February,
March.
April..,
May
June
July....
August. ____
September.
October..,
November
December,
1919—January, ______
February _____
March
April...
May...
June ___
July....
August^ ____
September.
October...
November.
December.
1920—January.
February
March
April,.,
May
June
July
August
September
October _____
.November..
December. _.
1
During 1914-1920 Federal Reserve Banks established a variety of rates applying to different maturities and different types of paper. The rates
shown for this period are the discount rates on paper of a single class and maturity—usually the type of paper and maturity for which the rate
was lowest. See introductory text, p. 422.
BANKING AND MONETARY STATISTICS
440
N0.115-FEDERAL RESERVE BANK DISCOUNT RATES ON ELIGIBLE PAPER,
MONTHLY, NOVEMBER 1914-DECEMBER 1841-Continued
[Rates on discounts and advances secured by eligible paper. Per cent per annum. Figures in parentneses indicate day of month new rate
became effective]
Year and month
Boston
1921— January...... _. ... — _
February. . „ „ _ . „ . , _ ____
March............ ____
April.______...-„. ...... 15)
May ..... __„_....._..
June, ...... __...,., — _._
July. ..... _._..,_...._
August.....--..-...-...
September „ _ „ . „ _ _ _ . _
October...... „..,_..._
November..,,.,., . _ _ _ . _
December—.....-.. .....
1922—January . ..,_
February.. .
March. _...,
April,,.— ...
May. ___ — .
June., — ._.
July..,,.August— ..-.
September,
October. . -.
November .
December. _.
1923— January...
February
March
April..,.. „
May ......
June,____.
^
August .....
September.
October-..
November.
December. .
1924—January.. . .
February «,,,
March .....
April,.— _ „
May. -...„.
June._____.
July. .......
August.....
September _
October.. ..
November^
December
1925—January.. .
February
March
April..... .
June. _..._.
July.... .
August..
September
October
November
December..
1926— January....
February.. .
March____.
April ...... _
May ....... .
June. ..__..
July ........
August. .._,
September
October. __„
N ovember .
December, .
1927—January
February
March....
April. ......
May..
June. ......
July........
August,-..,
September
October ---November
December,,,
(5)
Dallas
San
Francisco
MONEY RATES AND SECURITY MARKETS
441
N0.115-FEDERAL RESERVE BANK DISCOUNT RATES ON ELIGIBLE PAPER,
MONTHLY, NOVEMBER 1914-DECEMBER 1941-Continued
[Rates on discounts and advances secured by eligible paper. Per cent per annum. Figures in parentheses indicate day of month new rate
became effective]
Year and month
1928—January.
February.
March
April
May
June
July
August
September
October.
November
December.
1929—January
February.
March
April......
May
June
July
August
September
October...
November
December.
1930—January.
February.
March.
April...
May...
June...
July....
August.
September.
October
November
December.
1931—January.
February.
March ....
April
May
June
July-..,,
August—
September
October
November
December.
1932—January..
February
March...
April
May
June ..
July
August,
September
October.
November.
December
1933—January.
February
March
April..
May..
June..
July..
August.
September
October.
November
December
1934—January.
February.
March
April.
May,
June.
July.
August,,
September
October
November
December.
San
Franeisco
BANKING AND MONETARY STATISTICS
442
NO. 115-FEDERAL RESERVE BANK DISCOUNT RATES ON ELIGIBLE PAPER,
MONTHLY, NOVEMBER 1914-DECEMBER 1941-Continued
[Rates on discounts and advances secured by eligible paper. Per cent per annum. Figures in parentheses indicate day of month new rate
became effective]
Boston
Year and month
1935—-January
_„
February
March . .
April
May
2
2
2
2
2
2
2
2
2
2
2
2
. . ».
„-„
July
....
August
September
October-- ,.........__
November
December _ „ „ . _ _ __,.„_
1936—= January
February
March
April
May.,
2
2
2
•2
2
2
2
2
2
2
2
2
„„.„„_.
July.. ... ,
August
September ...„„...„.
October
November _„
....
l^ecember
1937— January „„
February
April
May
J une .. ..„
July
August. ..
September
October. .„
November
December
....
..„„.„_...-.._.
...„..._..
(2)
___..-__
i8
:n
September _._ „
October
IK
1H
IK
IK
IK
December
1939=- January
.«,. ,
February
March..... „„.„ ..
April
May
June. -_ = - _.„
._
July
August.,. = „,.„„
September «..,____._
October,. . ......_„
No ve m ber _.,.._..
December
0)
IK 17) 2
2
2
IK
IK
1M
\u
in
in
IK
2
2
2
2
2
2
2
2
27) 1
1H
1
IK
1
iH
1
IK
IK
IK
IK
IK
IK
1938^ 'January
February ..„„...,..
March
April ..... _....„.._
May
June =
-_.._„. = ,
July
Philadelphia
New
York
ig
ill
ig
i
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1940— January
February ........-,
March
April
May
June..,^
.
...
July
August
September
October.. ........
November
December
1
1
1
1
1
1
1
1
1
1
1
1
1941'— January
February
March
April
May
j une .«,„_
July.,..,..,
August
September
October....
November
December
1
1
1
I
1
1
1
1
1
1
1
1
_._„„
.,..,_. = .
........
....
2
2
2
2
2
2
2
2
2
Cleveland
Richmond
2
2
2
2
2
2
2
(4) IK
IK
il
IK
ill
IK
IK
IK
$
IK
IK
i^
JL/
2
2
2
2
2
2
2
27) IK
ig
1
ill
$
IK
IK
ill
1H
1>1
iS*
ii
IK
IK
Ifc
IK
IK
1
1
&
IK
IK
1$
$
1M
IK
IK
IK
IK
ill
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IP
£
IK
IK
IK
IK
^
i£
%
$
IK
IK
$
21)
IK
IK
IK
1M
11A
IM
IK
IK
IK
IK
$
in
IK
IK
IK
IK
IK
ig
IK
IK
IK
:it!
1
IK
%
ill
1
IK
I
\y
IK
iy
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
IK
IK
1M
(14)
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
$
IK
(21)
IK
IK
IK
3)
2
2
2
2
2
2
IK
IK
1
8)
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
IK
Minneapolis
(19)
2
11) 2K 14) 2
2
2
2K
2
2
2M
2
2
2H
2
11) IK 9) 2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
1%
IK
iJl
1H
1^
Chicago St. Louis
Atlanta
1M
IK
IK
ill
ip
51
ill
IK
IK
1
IK
IK
IK
i
*$
1
1H
IK
ill
ill
ill
!TJ
(25 1M
IK
IK
iK
IK
1
ill
IK
1M
ill
ill
IK
IK
IK
IK
IK
IK
IK
IK
IK
l
\
i*i
IK
IK
IK
1M
IK
1 1?
IK
1 iH
IM
U
i
2
2
2
2
2
2
2
2
(10)
(24)
1x2
IK
IK
IK
IK
1 %
£ IK
IK
iH U*
in
!H
IK
1H
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IS
il
iff
IK
iH
in
IK
%
*$
IK
^
IK
IK
IK
IK
IK
IK
IK
ii-^
IK
!U
!
^
i
&
ft
IK
!K
ill
IK
IK
M
Dallas
IK
IK
IK
IK
IK
IK
IK
IK
IK
ill
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
1H
IK
IK
IM
IK
IK
IK
IK
IK
ill
San
Francisco
l&
2H
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
W (8)
2K
2K
2M
2 (8)
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
IK
(3) IK
is in
{H
ill
m
%
&
2K
2K|
2
2
2
2
2
2
2
2
2
2
2
2
IK
i/
Kansas
City
2
2
2
2
2
2
2
m
(31) IK
ill
ill
1M
ifi
"ill
IK
IK
IK
IK
IK
IK
IK
IK
$
IK
IK
IK
IK
IK
iH
IK
IK
IK
IK
t#
IK
IK
IK
IK
IK
IK
IK
IK
IK j
IK *
IK :
IK
ill
IK
IK
IK
IK
IK
IK
IK :
IK 'i
IK
(3) |
iH
IK
IK
IK
i,K
IK
IK
IK
IK
ik
IK
ill
ill
in
ill
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
Hi
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
IK
MONEY RATES AND SECURITY MARKETS
443
NO.IIt-FEDERAL RESERVE BANK DISCOUNT RATES ON ADVANCES UNDER SECTION 1B(b)
OF THE FEDERAL RESERVE ACT, FEBRUARY 27,1932-DECEMBER 31,1141
[Per cent per annum]
Boston
Date effective
1933— Jan I 1
July 6
July 7
July 12
July 14
July 15
Aug 5
Oct. 2
Oct 16
Oct. 19
Oct 20
Oct 21
Dec 9
5
New
York
5
4M
Philadelphia
Cleveland
Richmond
5
5
5
Atlanta
Chicago St. Louis
5
5
4M
5
Minneapolis
Kansas
City
Dallas
5
5
5
San
Francisco
5
4M
4M
4H
-
4H
4
4
4
4
4U
4
4
4H
4H
1934— Mar. 12
July 10
July^lO
4
4
4H
1935— Jan. 14. i
Jan. 31
Aug. 26
Sept. 14
Sept. 20..:.
Sept. 23
Oct. 3 .
Oct. 8
Oct. 10
Oct. 19
.
Oct. 29
_
Nov. 2
_.
_.
_
4
21A
__
2H
2H
2M
2M
2M
2
2M
2H
2H
2H
2
1937— Aug. 21
Aug 24
Aug. 31
Sept. 2 ,
Sept 3
Sept. 4
Sept 10
Sept. 17
2
2
2
In effect'.Dec. 31. 1941
2H
2
2
2
2
2
2
2
2
2
2
2
1
During the period February 27-December 31, 1932, a rate of
a rate of 5 per cent was adopted at all banks.
2
2
2
2
2
2
2
2
per cent was specified for each advance made; effective January 1, 1933,
NO. 117-FEDERAL RESERVE BANK BUYING RATES ON
PRIME BANKERS1 ACCEPTANCES, 1919-1941
[Minimum effective buying rates established by the Federal Reserve Bank of New York. Per cent per annum]
1 to 15
days
Date effective
16 to 30
days
31 to 45
days
46 to 60
days
61 to 90
days
In'effect Jan 1 '1919
4
4
1919— Nov. 5
Nov 26
Dec 4
Dec. 23
Dec 30*
4^
4K
4M
4^
4J4
4^1
4H
4M
4H
4M
4M
4J^
51A
5K
5H
51A
4^
5K
5H
5H
5^
5^
^K. 5
5
5K
51^
5^
5J^
5%
5%
$H
5^
51A
51A
&A
&A
I
&A
£%
5^
5K
5/^
5
4M
&M
4H
4M
^K, 4^
121 to 180
days
4H
5
5%
91 to 120
days
1920— Jan 6
Jan 20
Jan. 23
Jan 27
Feb. 27
May 5
May 13
June 1
Sept 1
1921—June 15
July 21
Aug 8
Sept 26
Oct. 4
Oct 13
Oct 25
Nov. 3
Nov 16
Nov 28
Dec. 8
Dec 27
For footnote see end of table, p. 445.
. ..
5
4^
5
4M
4^i
4M
457
4$
^IX
4%
41^
4L£
4H
4H
43^
4H
4>i
*4iV 4J4
4M
4^8
6
5H
5H
4M
4^
4H
4H
4M
4H
4)4
4iNf
4^
4^i
4^
4K
4M
BANKING AND MONETARY STATISTICS
444
NO. 117-FEDERAL RESERVE BANK BUYING RATES ON
PRIME BANKERS' ACCEPTANCES, 1919-1941-Continued
[Minimum effective buying rates established by the Federal Reserve Bank of New York. Per cent per annum]
1 to 15
days
Date effective
1922— Feb. 6
Feb. 16
Feb. 28
Mar. 6
Mar. 13 _
Mar. 21
Mar. 27
Apr. 10
Apr. 14
May 5
May 18
June 2_
June 19
June 26
_
July 5
July 17
July 25.. ...„___
Aug. 9
Sept. 21
Sept. 22
Sept. 25
Sept. 27
Sept. 28
Oct. 2
Oct. 6
Oct. 13
Oct. 18
Oct. 19
Oct. 24
Oct. 27
1923— Apr. 17
May 17
May 21
May 23
July7_
1924— Apr. 24
May 1
May 16
May 22
June 2
June 17
June 26
Aug. 8
Aug. 20
Nov. 17
Nov. 28
Dec. 3
Dec. 5.
Dec. 8
Dee. 22
4
4
3H
3H
3M
3%
3M
_____
_
VA
3^
3^_
3H
3M
3M
3K
3
_
__
__ .
._
3Ms
...
3M
3M
3M
....
3K
3JMJ
3K
3K
4
__
1926—Jan. 8
Apr. 27
May 20
May 21
Aug. 16
Aug. 23
Sept. 1
---,_.........
—
m
3M
3U
3
214
2M
m
gsx
3M
3H
3
2y2
_
_
*
For footnote see opposite page.
2U
2
2^8
214
2%
2H
2K
2%
2V
25^
3
2J4
4M
4
. 4i/£
4
3M
3M
3H
W%
^M. 3H
3/€
3M
3M
3M
3i4
3J4
^H, 3J4
3K
w±
w%
3M
31^
3M
3A
3jJ|
3J<
3J4
3H
H1^
^H. 3M
3
3^
3
J
3K
3, 3K
3
3Ji
i3H, 3ft
*3Ht 3K
3M
3M
3az
§14
3K
314
3M
35^
3M
3K
3M
3M
35^
3M
4
3K
4
4
4H
4
4^
4, 454
41^
14 J4, 4^
&A
4
3M
J
§K
131^, 35^
3K
13^, 3%
3^8
3^4
4M
4
3K
3H
3M
%y&
- m
2M
2H
2K
254
2J4
2H
4
3M
354
3M
3K
2)4
2K
2J4
2H
4
3^
3M
m
3%
314
3K
2«4
2>£
2\£
i2H. 2J4
2M
i,^, _|i
3M
2M
4M
$H
&A
Ifi
3M
3ff
314
2^1
2|
|
2»i
»2H 3
2541
3M
3M
2,%
m
2H
2%
2%
3
3
3 i
3K
3
3^
3H
3H
3K
3M
3^
31^
38^
3J4
3H
3^
3j|
3M
3H
354
3K|
354
3H
3M
3M
4
3K
3K
3M
3M
3^g
3xi
3H
354
3J^
3K
3^
J,4
3^8
3K
3M
3M
3/i
3^
3|
|
• 3K
3^2
3^
3^
4
41^
4^
3M
3J.
4^
4H
3M
4
4M
4K
$H
...
_——
4
3K
_.
-
4H
4
121 to 180
days
3Vg
3M
.......
1927— July 29
Aug. 5
Aug. 22
1928—Jan. 27.
Feb. 3
Mar. 30
Apr 13
May 18
July 13
July 26
...
_________________
1925— Feb. 6
Feb. 27
June 12
Aug. 31
Sept. 22
4Mi
91 to 120
days
4M
3%
2
_ ._
61 to 90
days
3H
4J^
_ .
._
4^
4
46 to 60
days
'
.___._________._.._
.....
.
31 to 45
days
4
....
__._..__
_> _
3H
Wt
_ _ _
....
3
„. _
_
....
16 to 30
days
3M
——
__________
.....
3K
3
3M
— ___
—
3^
3M
3M
3%
4
4M
4^4
3H
_
--- -----
W&
3^
3M
3M
3H
4
4M
4^
3K
3
3j|
35^
4
4M
4M
1
%A
3M
3M
3M
3HI
3M
3M
4
2«!
2J4
3K
354
4
4!4
4i
5
MONEY RATES AND SECURITY MARKETS
445
NO. 117-FEDERAL RESERVE BANK BUYING RATES ON
PRIME BANKERS' ACCEPTANCES, 1919-WI-Continued
[Minimum effective buying rates established by the Federal Reserve Bank of New Yprk. Per cent per annum]
1929— Jan. 4
Jan. 21.
Feb. 15
Mar. 21
Mar 25
July 12
Aug. 9
Oct. 25
Nov. 1
Nov. 15
Nov. 21
-
*y
5
&y
5%
5y
$y
5
_
..
1930—Jan. 31
Feb. 11
Feb. 24
Mar. 5
Mar, 6
Mar. 11
Mar. 14
Mar, 17
Mar 19
Mar. 20
Mayl
May 2
May 8
May 19
June 3
June 5
June 16
June 20
June 30
July 21
Dec. 24
1931— Jan. 16
Jan. 26
Apr. 9
Apr. 21
Apr. 27
May5
May 6___
May 8
May 13
May 19
Sept. 25
Oct. 9
Oct. 13
Oct. 16
Nov 20
16 to 30
days
1 to 15
days
Date effective
ty
_
4X
4
zy
zy
zy
_
3H
3M
Zy
3
2H
2H
%y
2*4
m
zy*
2
1%
\%
,„
\%
i»
1H
IK
1M
1
1J4
1%
zy%
3H
_„
3
1932—Jan 12
Feb. 26.
Mar. 25
June 24-
ZH
1933— Feb 16
Feb 27
Mar. 1
Mar. 2
Mar. 3
Mar. 13
Mar. 17
Mar 20
Mar. 22
June 29
Oct 20
H
In effect Dec. 31, 1941
1
Z%
ZH
1
I
1H
_.
.
_
--
_.
-..
--.
_
The lower rate is applicable to the shorter maturities.
21
ZA
3H
3
&A
2
11
A
H
4J/
5
sy
§y
sy
$y
5
457
4X
4
zy
w
W
4i
w
ly
3
VA
2y
m
2H
2*A
VA
2H
2
IK
\%
\y2
iH
1%
1H
i
IK
1*4
$8
3U
3
2^
2M
2H
1
\4
1
1H
2
3K
3^
3
2H
2
11
A
1
A
31 to 45
days
46 to 60
days
4^
ty
&y
5%
61 to 90
days
^y
ly
sy
5y
ty
5
$y
5
±y
iy
4
zy
4^
5
5V
&H
51*
5
5J/
53/
91 to 120
days
w
5^
5
5
4^
4X
4
4y
4K
&A
5
5j/
5^
5V
ly
• *y
ty
4
4
zy
zy
z%
Zl/i
zy
3
3K
35/
3H
ZH
m
zy
iy±
zy
3%
Z1A
3
2K
&A
ZH
zy
z
zy
3
2%
%*A
2M
2M
2K
2M
2K
2
2
2%
%
%
2
iH
1%
VA
i%
1^
1^
/2
5
4H
zy
z
zy
zy
5M
4/^
4
3K
3H
$4,
zy
rjlx-
M
zy
zy
zy
3>g
35/
3K
121 to 180
days
3M
3M
2^
25/
2^
2^
2K
2M
2M
2H
1M
l?i
2
\%
IK
1H
ilU, 2
1^
1M
1M
IK
1^
1M
\%
i
1^
1H
l
1M
1H
i
1^
1J^
2^
z%
2H
3^
2M, 2^
3H
2^
3
2^
2H
1
3
2Ji
2H
1
H
i
1^
H
i
3
v/%
2H
i
i^
IH
2
1M
1H
2
3M
3^
3
2M
2
11
z%
Z*A
z
A
2M
2
11
A
y*
H
!
15»
1H
2
3M
3
2M
2
1
1^
2
2iz
1^4
jix
jl^
l
2K
3
3H
2*A
3J4
3
1«
IH
1%
2
2H
zA
z
2H
2M
3M
35^
3M
2$xj
m
4
3H
3
2H
1
K
25^
1
?i
1
H
5i
1
\ A
BANKING AND MONETARY STATISTICS
446
N0.118-FEDERAL RESERVE BANK RATES ON INDUSTRIAL ADVANCES AND COMMITMENTS,
JULY 10, 1934-DECEMBER 31,1941
[Per cent per annum]
Philadelphia
New
York
Boston
Date effective
Atlanta
Richmond
Cleveland
Chicago St. Louis
Minneapolis
Kansas
City
6
6
Dallas
San
Francisco
Rates to industrial or commercial businesses
4-6
1934— July 10
July 12
July 13
July 14
July 20
.__...
.- --
4-6
6
5-6
5-6
6
5-6
6
4-6
5-6
4-6
1935— Feb 23
Mar. 22
Apr. 9
_.__„•_
3M~6
4M-6
1937— Feb 25
4-5H
5-6
1938— Mar 16
1940— Aug 9
Oct 12
Get 14
Get. 19
Oct 24
Get. 26
Get 30
Dec. 14
5H
_„
4M-6
3M-5
4-6
3^-6
4-6
4-6
4-6
3-6
3-6
3H-5H
In effect Dec 31 1941
3^-6
4-6
3M-6
3K-5
4-6
4-6
3-6
3K-5M
3-6
4-6
4-6
4-6
Rates to financing institutions on discounts or purchases—on portion for which financing institution is obligated
1934— July 10
July 12
July 13
July 14
July 17
July 20
----
3
3
5-6
4-6
1935—-Jan. 17
Apr. 9
Apr 16
5-6
4^
4M-5
4
4
5
i{
3-4
3
_„
3M
1937— Feb. 25
Aug. 21
Sept. 4
1940— Aug. 9
Get. 12
Oct 14
Get 19
Get. 24
Get 26
Oct. 30
Nov. 2
Dee. H
4
3H
3
m
..
m
3K
4-5
.
3
14
K)
'2H
>4
'3-6
2=3
14
i3-6
1M-2
1941— Feb 1
Sept. 27 - _. .
(3)
1154-2
Rates to financing institutions on discounts or purchases— on remaining portion
(i. e., for which financing institution is not obligated)
1934— July 10
July 12
July 13
July 14
July 17
July 20
1935— Mar. 22.. „_
Apr. 9
3H=5
4-5
(4)
5-6
C6)
5-6
3M
1941— Feb 1
For footnotes see opposite page.
4
5-6
4-5
4
1937— Feb. 25
1940— Aug, 9
Get. 12
Get. 14
Get. 19
Get 24
Oct. 26
Get. 30
Nov. 2
Dec 14
4H-5
5
4-6
_
4H
4
4-5
3M
C6)
(7)
14
14-6
13-6
13-6
i2-5
(6)
C6)
14-6
MONEY RATES AND SECURITY MARKETS
447
NO. 118-FEDERAL RESERVE BANK RATES ON INDUSTRIAL ADVANCES AND COMMITMENTS,
JULY 10, 1934-DECEMBER 31,1941-Continued
[Per cent per annum]
Boston
Date effective
New
York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago St. Louis
Minneapolis
Kansas
City
1
1-2
Dallas
San
Francisco
Rates on commitments
1934— July 10
July 12
July 13
July 14
July 20
July 28
Aug. 17
Aug 24
Aug. 30
Sept 4
Sept 6
Sept 15
Nov 21
1935— Mar. 22
Mar 29
Apr. 8
Apr. 9
Apr. 10
Dec. 4
1940—Aug. 9
Oct. 24
Oct. 26
Oct. 30
Dec. 14
H
*1A
1-2
H-l
1-2
__
8
1
8
H-2
1
1-2
Jf-2
1
1M-2
1
1-2
H
»2
H-l
1-2
W
1
1
M-2
1-2
H-2
H-2
"*
1941— Feb. 1
June 16
101
X-l
1-2
101
1
2
In ease financing institution charges less, the rate may be the same as that charged by financing institution.
One per cent less than rate charged borrower but not less than 3 per cent, except that when rate charged borrower is less than 3 per cent,
rate 3 financing institution may be the same,
to
One per cent below rate charged borrower by financing institution.
* Same as rate charged borrower by financing institution, but not less than 4 per cent.
5
One per cent below rate charged borrower by financing institution, but not less than 4 per cent.
6
Same rate as borrower is charged.
7
One-half per cent less than rate charged borrower but not less than 4 per cent, except that when rate charged borrower is less than 4 per cent,
rate 8 financing institution may be the same.
to
Flat charge.
9
Minimum charge ^ per cent.
1
o Minimum charge J4 per cent.
N0.119-MAXIMUM RATES ON TIME DEPOSITS AT MEMBER BANKS,
NOVEMBER 1,1933-DECEMBER 31,1941
[Maximum rates that may be paid by member banks as established by
the Board of Governors under provisions of Regulation Q. Per cent
per annum]
Nov. I, 1933Jan. 31, 1935
Savings deposits
Postal savings deposits. _
Other deposits payable:
In 6 months or more...
In 90 days to 6 months.
In less than 90 days. _.
Feb. 1, 1935Dec. 31, 1935
Effective
Jan. 1, 1936
3
3
2M
2M
3
3
3
2^£
2H
2H
2
1
2M
2t^j
BANKING AND MONETARY STATISTICS
448
NO. 120-SHORT-TERM OPEN-MARKET RATES IN NEW YORK CITY.
MONTHLY, 1890-1941
[Per cent per annum]
Prevailing rate onPrime
Stock
Prime
com- bankers' Exchange
mercial accept- time
paper, ances,
loans,
4 to 6 90 days 90 days
months
Year
New
6.91
5.31
5.84
1891
1892
1893
1894
1895
6.48
5 40
7.64
5.22
5.80
4.83
3 80
5.08
2.30
2.82
3.42
3.08
.57
.07
.88
1896
1897
1898
1899
1900
7.02
4.72
5.34
5.50
5.71
4.83
2.68
3.31
4.19
3.94
.28
.75
2.18
5.08
2.94
5.40
5 81
6.16
5.14
5.18
4.24
5 05
4.84
3.10
3.82
4.00
5.15
3.71
1.78
4.44
6.25
»6.66
15.00
5.72
5.71
6.49
3.24
3.26
4.03
6.54
7.01
1.92
2.71
2.98
4,75
5 41
6.20
5.47
4.01
3.22
4.16
4.64
4.37
2.85 •
2.57
3.52
3.22
3.43
1.92
_
.
1906
1907
.
1908
1909. . .
1910
...„.._
1911
1912
1913
1914
1915
Year and month
Year and month
°
New
Renewal
. .
,_
1931
1932
19 33
19 34
1935
1936
19 37
19 38
1939
19 40
„______„
.. . - „, . . .
1941
6.70
8.07
2.62
3.43
5.28
6.32
7.74
5.28
3.51
4.09
2.98
3.29
6.15
4.53
5.14
3.64
4.23
5.9''
4.36
4.87
3.10
4.20
5.97
4.29
4.86
3.08
4.18
3.59
3.45
4.09
5.03
2.48
4.60
4.35
5.86
7.75
3.26
4.52
6.11)
7.74
2.8?
4.50
4.06
6.04
7.61
2.94
1.57
1.28
.63
.25
.13
2.15
1.87
1.11
.90
.56
1.7-1
2.03
1.14
1.03
.58
1.74
2.05
1.16
1.00
.56
.75
.94
.81
.59
.56
.16
.43
.44
.44
.44
1.16
1.25
1.25
1.25
1.25
.91
1.00
1.00
1.00
1.00
.91
1.00
1.00
1.00
1.00
.54
19 26
19 27....
192819 29
1930
3.25
4 62
5.90
5.83
8.06
4.34
4.11
4.85
5.85
3.59
....
4.19
4.37
6.06
2.64
2.73
1.73
1.02
.76
19 21
1922
1923
1924
1925
3.84
5.07
6.02
5.37
7.50
.-
.44
1.25
1.00
1.00
Average
rate
on
Stock
Prime Stock Exchange
Excomcall
mercial change loans2
paper, time
4 to 6 loans,
months 90 days Renewal
4.or>
Prevailing
rate on-
Year and month
Average
rate
on
Stock
Prime Stock Exchange
Excomcall
mercial change loans2
paper, time
4 to 6 loans,
months 90 days Renewal
4.88
4.12
5.69
5.90
6.00
5.44
6.00
6.00
5.80
4.87
3.56
2.65
4.00
3.00
8.20
4.88
3.60
8.88
7.75
5.50
3.75
2.38
1.70
1.16
1896—Jan uary
Fel>ruary_
Ma rch
Ap ril
Ma y „
JUD e -.
Jul y
Au just...
Sep tember
Oct ober
No vember. _ _
De member
8.90
7.31
6.56
6.31
5.75
5.75
6.40
8.33
9.10
8.56
6.19
5.10
6.00
5.35
3.88
3.87
3.10
3,12
3.62
6,40
7.00
8 10
4 45
3,10
4.90
3.94
3.50
3.02
2.53
1.94
2.07
4.69
5.45
11.13
6.25
1,95
2.56
2.62
2.50
2.50
2.00
1.90
2.00
2.44
2.40
2.00
2.25
2.45
1.02
1.00
.09
.13
.10
.00
.00
.00
.00
.00
.03
.44
1897—Jan uary
Fel>ruary
Ma rch
Ap ril
Ma y
Jun e
Jul y
Auj?ust
Sep tember
Oct ober___
No vember
De<member... .
4.69
4.50
4.50
4.63
4.75
4.30
4.38
4.81
5.20
5.25
4.63
5.00
2,62
2.50
2.38
2.50
2,50
2.25
2.00
2.69
3.12
3.25
3.00
3.40
1.78
1.63
' 1.62
1.50
1.41
1.20
1,19
1.25
2.22
2.50
1.81
2.92
5.89
2.34
6.79
3.19
6.50
3.35
6.25
3.41
4.85
2.50
Ma
4.31
2.00
Jun e
4.55
2.34
Jul: \f
Auf ?ust.._ _ _ 5.50
2.50
2.69
Sep tember... 6.25
2.94
Oct ober
6.44
5.50
NOTrember. . . a. so
Dec ember
6.80
4.12
.35
.50
.25
.25
.32
.16
.40
.03
.56
2.17
1.97
4.56
1898— Jan uary
Fel>ruary
Ma rch
Ap ril
Ma y
JUE e
Jul y
Au gust
Sep tember
Oct ober
No vember
De 3ember__._
4.63
4.56
6.10
7.58
6.10
5.00
5.00
5.20
5.50
4.94
4.75
4.69
2.88
2.69
4.50
5.65
3.81
2.87
2 -.55
2.62
3.70
2.55
2.87
S.OO
2.50
1.78
2.17
2.97
1,95
1.25
1.25
1.70
3.78
2.25
2.10
2.41
6.45
6.13
6.75
6.65
6.38
6.28
6.25
6.50
6.75
7.25
8.88
8.63
5.12
4.94
5.05
4.50
4.75
5.00
4.81
5.60
6.00
6.00
6.00
6.00
7.70
4.25
4.25
4.30
4.88
4.75
4.60
11.63
6.75
5.00
7.00
5.00
1891— January
February
March
April
May
June
July
August
September...
October -_„,_.
November
December,,,.-
7.28
6.38
6.50
6.25
6.50
6.50
6.60
6.75
6.60
6.41
6.25
5.75
4.17
4.38
4.80
4.25
5.19
4.50
4.50
5.40
5.60
5.62
5.00
4.50
3.90
2.88
2.88
3.30
4.38
3.25
2.20
2.13
4.50
4.25
4.38
2.94
1894— Jan uary
Feb ruary
Ma rch
.
Api il
Ma y
Jun e
Jul:y _
Auj£USt_ _ - _ « .
Sep tember...
Oct ober
Noimember
Dec ember
1892—January.
February....
March
April
May
June
July
August
September
October
November...
December
5.45
4.94
5.35
4.81
4.56
4,40
5.13
5.28
6.07
6.44
6.00
6.38
3.45
3.12
3.55
3.00
2.63
2.62
3.00
3.25
4.87
5.20
5.38
5.50
2.40
2.00
2.00
2.00
1.50
1.40
1.88
2.05
4.13
5.63
5.15
6.81
1895— Jan uary
Feb ruary
Ma rch
Average
rate on
Stock Exchange
cdl loans
6.62
4.52
5.07
3.98
4.02
19 J6
19 17
19 18
19 19
1920
1893— Jan uary
Feb ruary
Ma rch
1890—January
February....
March
April
May
June
July
August
September
October
November
December
For footnotes see end of table, p. 451.
Stock
Prime Prime
com- bankers' Exchange
mercial accept- time
paper. ances,
loans,
4 to 6 90 days 90 days
months
Prevailing
rate on-
Prevailing
rate on-
Average
rate
on
Stock
Prime Stock Exchange
Excomcall
mercial change loans8
paper, time
4 to 6 loans,
months 90 days Renewal
Year
Renewal
1890
1901
1902
1903
1904..
1905
Prevailing rate on-
Average
rate on
Stock Exchange
call loans
6.06
6.00
6.80
ii
6.13
8.35
M^a
9.75
Jun e
9.75
Jul:
9.70
r
Aui^ust
Sep tember
10.14
7.69
Oct ober
NOT/ember. . . 5.80
5.50
Dec ember
y
5.35
5.19
4.94
4.81
4.75
4.94
4.94
4.98
5.50
5.75
5.75
5.75
MONEY RATES AND SECURITY MARKETS
449
NO. 120-SH01RT-TERM OPEN-MARKET RATES IN NEW YORK CITY,
MONTHLY, 1890-1941-Continued
[Per cent per annum]
Prevailing
rate on-
Prevailing
rate on-
Year and month
Average
rate
on
Stock
Prime Stock Exchange
Excomcall
mercial change loans2
paper, time
4 to 6 loans,
months 90 days Renewal
Year and month
Average
rate
on
Stock
Prime Stock Exchange
Excomcall
mercial change loans2
paper, time
4 to 6 loans,
months 90 days Renewal
Prevailing
rate on —
Year and month
Average
rate
on
Stock
Prime Stock Exchange
Excomcall
mercial change loans2
paper, time
4 to 6 loans,
months 90 days Renewal
1 899— January
February
March
April
M!ay
June
July
August
September
October
November
December..,.
4.50
4.50
5.205.25
4.80
4.50
5.06
5.70
6.29
6.00
6.80
7.38
2.88
2.94
3.97
3.87
3.41
3.00
3.31
4.44
5.25
5.25
6.00
6.00
2.72
2.47
4.10
5.13
3.52
2.63
4.47
3.27
6.38
7.50
7.60
11.13
1905 — January
February
March
April
May
June
July
August
September.. .
October
November
December
4.71
4.71
4.75
4.75
4.75
4.75
4.75
4.85
5.63
5.75
6.00
6.75
2.94
3.03
3.25
3.44
3.25
3.02
3.09
3.19
4.17
4.90
5.69
5.87
2.25
2.19
3.20
3.25
2.42
2.50
2.31
2.05
3.56
5.31
7.70
16.50
1911 — January ._
February
March
April ... . _ _ _
May
June
.
July
August
September
October _ .
November...
December
4.61
4.72
4.59
4.28
4.33
4.63
4.79
4.86
5.33
4.93
4.72
5.25
3.50
3.19
2.94
2.78
2.78
2.78
2.85
3.19
3.45
3.63
3.59
4.00
3.18
2.28
2.28
2.30
2.31
2.40
2.36
2.31
2.28
2.33
2.72
4.03
1900— January
February
March
April ._ ,.
May
June
July
August- .
September
October
November
December
6.60
6.00
6.13
5.69
5.25
5.00
5.25
5.60
5.56
6.08
5.50
5.81
5.00
3.12
4.55
3.50
3.00
3.05
3.33
3.60
3.88
5.00
4.44
4.78
4.15
2.25
3.94
3.06
2.00
1.69
1.53
1.30
1.61
3.57
5.06
5.13
1906-— January
February
March
April
May
June
July
August
September...
October
November...
December. ...
5.75
5.79
6.00
5.92
5.81
5.75
5.93
6.50
7.21
6.85
6.69
6.75
5.19
5.00
5.30
5.69
4.97
4.47
4.50
5.30
7.19
5.97
7.10
7.87
8.65
4.63
4.88
9.50
4.15
3.25
2.97
4.44
9.38
5.15
7.50
14.00
1912 —January ..
February
March . _
April
May
June
July
August
_.
September
October
November
December
4.63
4.50
4.91
5.00
5.00
4.50
5.08
5.69
6.13
6.50
6.50
6.50
3.13
2.88
3.36
3.56
3.28
3.13
3.50
4.10
5.34
5.70
5.93
6.00
2.43
2,28
2.42
3.00
2.75
2.75
2.88
2.84
2.63
5.33
6.38
6.50
1901 — January
February
March
April
May
June
July
August
September
October
November
December
5.44
5.00
4.83
5.44
5.50
5.25
5.40
5.75
5.79
5.35
5.38
5.63
3.97
3.34
3.22
4.12
4.35
3.55
4.31
4.37
5.06
4.69
4.65
5.19 .
3.07
2.00
2.34
4.30
6.88
4.31
4.30
2,44
4.34
3.55
4.19
6.25
1907— January
February
March
April . ..
May
June
July
August
September
October
November
December
6.69
6.50
6.81
6.47
5.71
6.25
6.36
6.60
7.17
37.33
( )
5.84
5.31
6.02
4.50
3.95
4.44
5.00
6.22
5.72
6.56
13.60
10.75
6.15
4.38
6.38
2.35
2.31
3.13
4.55
3.06
4.00
21.00
12.25
14.60
1913 —January
February
March _
April..... _ .
May
_ _
June
July
August
September...
October
November.,.
December
5.50
5.50
6.25
6.20
5.88
6.38
6.66
6.63
6.45
6.38
6.25
6.30
4.28
4.31
5.32
4.56
4.00
4.25
4.47
4.60
4.65
5.03
4.97
5.18
3.23
3.31
4.19
3.43
2.75
2.25
2.25
2.25
2.90
3.69
3.75
4.63
1902 — January.
February
March. _
April
May
...
une
July
August
September...
October
November,.,,
December
5.55
5.25
5.50
5.28
5.50
5.33
5.65
5.75
3
6.17
S
6.93
6.29
3
6.50
4.62
4.00
4.00
4.25
4.69
4.34
4.62
4.67
6.44
6.47
6.13
6.37
4.57
2.38
3.94
5.10
5.56
2.84
3.52
3.78
10.80
7.63
4.88
6.81
1908— January
February
March
April
May
June
July
August
September
October
November
December
6.70
5.80
(4)
5.25
4.25
4.64
4.58
4.43
4.75
(4)
(4)
4.69
5.83
4.22
3.84
2.94
2.87
2.34
2.27
2.56
2.56
3.00
3.31
3.20
4.75
1.81
1.85
1.72
1.66
1.52
1.22
1.06
1.35
1.44
1.75
2.90
1914—-January
February
March
April
May
June
July „ _ _ _ _ „
August
September
October
November
December....
5.09
4.38
4.44
4.28
4.50
4.50
5.03
7.00
7.60
7.56
6.44
4.85
3.90
3.06
3.00
2.91
2.73
2.59
3.03
6.98
7.88
6.75
5.53
4.05
2.38
.78
.91
.83
.78
.84
2.65
6.25
6.00
6.00
5.41
3.38
1903 — January,
February
March
April
Mav
June
July
August
September.. .
October
November
December
5.71
5.60
36.08
5.91
5.66
5.81
6.00
6.75
6.75
6.50
6.57
6.55
4.97
4.59
4.25
5.14
4.06
4.31
4.52
4.90
5.12
5.15
5.81
5.22
5.75
2.88
6.00
4.19
2.44
3.05
2.50
2.03
2.32
2.69
5.19
5.50
1909— January
February _ _ , ,
March
April
May
June
July
August
September ...
October
November
December.,..,
4.40
4.22
4.28
4.25
4.29
4.21
4.15
4.56
4.75
(4)
5.98
5.59
2.65
2.78
2.65
2.50
2.59
2.59
2.37
3.28
3.65
4.57
4.87
4.65
1.81
2.25
1.8ft
1.94
1.84
1.87
2.06
2.17
2.69
4.31
4.65
5.03
1915— January
February
March
April
May
June
July
August
September...
October
November
December....
4.38
4.38
3.93
4.25
4.34
4.33
3.81
4.01
3.88
3.91
3.45
3.50
3.40
2.88
2.88
2.91
2.90
2.63
2.68
2.88
2.78
2.83
2.78
2.68
2.13
1.97
1.93
2.09
1.94
1.85
1.88
1.78
1.78
1.81
1.88
1.94
1 904—January
February
March
April
M^ay
June
July
August
_
September-..
October
November
December
5.53
5.75
5.55
4.75
4.75
4.63
4.63
4.75
5.38
5.75
5.15
5.06
4:03
2.34
3.69
1.81
3.22
1.75
2.75
1.38
2.56
1.55
2.25
1.13
2.42 • 1.03
2.31
.90
1.53
3.10
3.50
2.03
3.69
2.80
3.67
3.13
1 9 1 0—January
February „ _ _ _
March
April
W[ay
June
July
August .__
September
October
November...
December
5.28
5.16
5.23
5.59
5.45
5.50
6.16
6.30
6.31
6.21
6.15
5.28
4.37
3.63
3.83
4.06
3.94
3.37
3.88
3.75
4.17
4.66
4.69
4.00
4.72
2.78
2.88
3.28
3.63
2.77
2.41
1.55
2.00
3.13
3.23
3.38
1916—January
_.
February
March _
April
May
June
July
August
September...
October
November
December
3.50
3.50
3.50
3.50
3.50
4.00
4.38
4.13
4.00
3.95
3.94
4.19
2.73
2.75
2.88
2.85
2.94
3.31
3.95
3.31
3.33
3.38
3.22
4.33
1.88
1.88
1.91
2.09
2.28
2.97
3.13
2.33
2.78
2.60
3.13
4.44
For footnotes see end of table, p. 451.
(4)
4
BANKING AND MONETARY STATISTICS
450
NO. 120-SHORT-TERM OPEN-MARKET RATES IN NEW YORK CITY,
MONTHLY, 1890-1941-Continued
[Per cent per annum]
Prevailing rate on—
Prime Prime
Stock
com- bankers' Exchange
time
mercial acceppaper, tances, loans,
4 to 6 90 days 90 days
months
3.98
3 22
1917 January
4.47
3.75
February
March..
..__.,- 4.50
3.85
3.97
4 63
April
4.56
5.18
May
_
4 95
5 28
June
4.75
5.15
July
3.05
4.38
August
5.19
5.44
3.28
5.35
September
5.44
October
5.63
3.31
November
3.39
5.44
5.69
3.65
5.83
December
5.75
Prevailing rate on-
Average
rate on
Stock Exchange
call loans 2
Year and month
Year and month
New
Renewal
2.05
2.41
2.28
2.47
3.08
4.69.
3.23
3.09
4.53
4.00
4.17
5.16
4.10
4.99
5.19
4.28
5.16
5.00
5.63
5.88
6.00
6.00
5.84
5.31
1918-— January
February
March
April
May
June
July
. _'
August
September
October
November
December
5.83
5.88
6.00
6.08
6.13
6.03
6.10
6.22
6.00
6.00
6.00
6.00
3.88
3.94
4.25
4.21
4.20
4.25
4.25
4.25
4.25
4.26
4.29
4.25
5.81
5.81
6.00
5.94
5.88
5.83
5.75
6.00
6.00
6.00
6.00
5.73
191 g_— January
February
March
April
May
June
July
August
September
October
November
JLJecember
5.25
5.13
5.50
5.38
5.25
5.38
5.38
5.38
5.38
5.25
5.25
5.88
4.25
4.28
4.28
4.28
4.28
4.28
4.31
4.34
4.25
4.34
4.44
5.13
5.25
5.25
5.38
5.50
5.50
5.75
6.00
6.00
5.88
6.00
6.50
7.00
4.67
5.18
5.03
5.36
5.25
6.99
6.92
5.23
6.10
8.56
11.06
10.04
4,64
5.01
5.02
5.36
5.31
6.57
6.55
5.25
5.59
7.41
10.89
8.24
31920—January
February
March
April
May
June
July
_
August
.September
October
November
JJecember
6.00
6.38
6.88
6.88
7.38
7.88
8.13
8.13
8.13
8.13
8.13
8.00
5.25
5.63
6.00
6.00
6.19
6.38
6.25
6.13
6.13
6.25
6.25
6.25
7.50
8.00
8.00
8.00
.8.25
8.00
8.50
8.75
8.38
7.88
8.00
7.50
8.90
10.17
8.59
8.21
7.20
8.36
8.38
7.24
7.02
8.10
7.76
6.93
8.10
9.94
8.17
7.19
7.10
7.32
8.24
7.25
7.05
7.75
7.83
6.96
1921 —•January
February
March
April .
7.88
7.63
7.63
7.63
6.88
6.75
6.38
6.13
6.00
5.88
5.50
5.13
6.06
6.00
6.00
5.75
5.75
5.69
5.25
5.00
4.88
4.50
4.31
4.13
7.00
6.75
6.75
6.75
6.50
6.63
6.00
5.88
5.63
5.38
5.38
5.13
6.71
7.21
6.68
6.51
6.85
5.98
5.56
5.59
5.12
5.18
5.00
5-19 .
6.71
7.26
6.80
6.52
6.79
5.98
5.58
5.57
5.12
5.23
4.97
5.14
5.00'
4.88 •
4.75
4.50
4.38
4.38
4.13
4.13
4.13
4.38
4.75
4.88
3.94'
4.00
3.75
3.31
3.13
3.06
3.00
3.00
3.13
3.75
4.00
4.00
4.75
4.88
4,75
4.38
4.25
4.13
4.00
4.13
4.38
4.88
5,00
4.88
4.50
4.96
4.29
4.02
3.94
3.73
3.90
3.83
.52
.83
.94
.82
4.52
4.90
4.24
3.97
3.90
3.72
3.86
3.75
4.34
4.73
4.89
4.65
4.00
3.94
4.00
4.13
4.13
4.13
4.03
4.88
5.25
5.38
5.13
4.88
.30
.94
5.24
4.98
4.68
5.06
4.32
.4.82
5.14
4.87
4.70
5.00
May;::"""";""
une
July
August
September
-October
November
December
1922 — January.. „
February
March
April
May
June
July.
August
September
October
November
December
1S23 —January. .
4.50
February
4.63
March
5.13
April
„
5.38
May
5.00
June .
5.00
For footnote see opposite page.
1923— July
August
September
October
November
December
,
1924—January
February ,
March
April
May
June
July
August
September
October..
November
December
Stock
Prime Prime
com- bankers' Exchange
time
mercial acceppaper, tances, loans,
4 to 6 90 days 90 days
months
4.13
5.13
5.13
4.13
5.25
„-- 5.13
4.13
5.38
5.50
4.13
-._._ 5.38
5.38
4.13
5.13
5.13
4.13
5.00
5.13
.88
.88
.88
.63
.50
.13
3.50
3.25
| 3.13
... 3.13
\ 3.25
3.63
Average
rate on
Stoc?k Exchange
call loans a
New
Renewal
5.08
4.03
4.92
4.(i9
4.77
4.88
5.11
4.98
4.93
4.75
4.80
4.86
4.06
4.06
4.00
4.00
3.25
2.50
2.00
2.13
2.19
2.19
2.38
2.94
4.88
4.75
4.63
4.50
4.00
3.25
2.75
2.63
2.75
2.75
3.25
3.50
4., '11
4.37
4.:'2
4.i!2
3.!»3
2.19
2.10
2.00
2.10
2.35
2., 51
3.i53
4.39
4.33
4.04
4.21
3.38
2.25
2.09
2.00
2.07
2.32
2.42
3.49
1925— January. . _ _ _ _ . .
February
March .
....
April
May
June
July
August
September
October..
._ __
November
December
„.
3.63
3.63
4.00
4,00
3.88
3.88
3.88
4.00
4.25
4.38
4.38
4.38
3.00
3.06
3.25
3.19
3.19
3.25
3.25
3.25
3.50
3.50
3.50
3.50
3.63
3.88
4.13
4.00
3.88
3.88
4.00
4.25
4.50
4.75
4.94
4.94
3.21
3. 09
4.01
3.34
3.78
4.12
4.09
4/23
4.51
4.79
4.74
5.36
3.32
3.60
3.97
3.86
3.82
3.99
4.09
4.19
4.42
4.87
4.75
5.32
1926— January
February
March
April
May
June
July
August
September
October
November
December
4.38
4.25
4.38
4.38
4.00
4.00
4.00
4.38
4.63
4.63
4.50
4.50
3.63
3.63
3.63
3.38
3.19
3.25
3.38
3.56
3.88
3.88
3.81
3.81
4.75
4.69
4.75
4.31
4.00
4.13
4.44
4.75
4.94
5.00
4.75
4.69
4.46
4.89
4.56
3.97
3.83
4.12
4.28
4.58
5.05
4.70
4.60
5.16
4.33
4.85
4.55
4.06
3.81
4.15
4.27
4.52
5.02
4.75
4.56
5.16
„
4.25
4.13
4.13
4.13
4.13
4.25
4.25
.00
.00
.00
.00
.00
3.69
3.69
3.63
3.63
3.63
3.63
3.56
3.13
3.13
3.19
3.25
3.25
4.50
4.44
4.44
4.50
4.38
4.50
4.44
4.19
4.13
4.31
4.19
4.19
4.27
4.06
4.13
4,21
4.27
4.26
3,95
3.66
3 84
3 88
3,60
4,43
4.32
4.03
4.13
4.18
4.26
4.33
4.05
3.68
3.83
3.90
3.60
4.38
August .
September October
November... _ _
December
.00
.00
.13
.38
.50
.75
5.13
5.38
5.63
5.50
5.38
5.38
3.38
3.50
3.50
3.75
4.00
4.06
4.25
4.63
4.50
4.50
4,50
4.50
4.38
4.56
4.63
4.94
5.25
5.69
6.00
6.25
7.00
7.13
6.94
7.50
4,15
4,33
4,48
5.06
5.69
6.32
6.06
6.91
7.40
7.12
6.86
8.86
4.24
4.38
4.47
5.08
5.70
6.21
6.05
6.87
7.26
6.98
6.67
8.60
5.38
5.50
5.88
6.00
6.00
6.00
» 6.00
6.13
.6.25
6.25
5.75
5.00
4.75
5.13
5.38
5.50
5.50
5.50
5,13
5.13
5.13
5.13
4.19
3.88
7.75
7.63
7.88
8.75
8.75
8.25
7.75
8.88
8.88
8.13
5.50
4.88
6.94
7.47
9.80
9.46
8,79
7.83
9.41
8.15
8.62
7.05
7.06
9.10
8.89
8.91
7.70
9.23
8.23
8.50
6.43
5,44
4.83
1927—-January
February
March
April
May...
June .
July
Aug ust .
September
October
November
December
___
______
...
__._
„
„
1928— January
February
March
April
.
May
June"
July..
1 929— January
February
March.
April
May
June
July
..
August
September
October
November
December
e.io
fi.40
4.88
MONEY RATES AND SECURITY MARKETS
451
NO. 120-SHORT-TERM OPEN-MARKET RATES IN NEW YORK CITY,
MONTHLY, 1890-1941-Continued
[Per cent per annum]
Prevailing rate on —
Prime
commercial
paper,
4 to 6
months ,
Year and month
Stock
Prime
bankers' Exchange
acceptime
loans,
tances,
90 days 90 dayti
Prevailing rate on —
Average
rate on
Stock Exchange
call loans 2
Stock
Prime
Prime
com- bankers' Exchange
mercial acceptime
paper, tances, loans,
4 to 6 90 days 90 days
months
Year and month
New
Renewal
Average
rate on
Stock Exchange
call loans2
New
Renewal
4.88
4.75
4.25
3.88
3.75
3.50
3.25
3.00
3.00
3.00
2.88
2.88
3.94
3.81
3.13
2.94
2.50
2.13
1.88
1.88
1.88
1.88
1.88
1.88
4.75
4.75
4.25
4.13
3.50
2.88
2.75
2.63
2.63
2.50
2.13
2.25
4.31
4.28
3.56
3.79
3.05
2.60
2.18
2.22
2.17
2.00
2.00
2.27
4.64
4.32
3,69
4.00
3.12
2.62'
2.20
2.21
2.19
2.00
2.00
2.23
1936 — January
February
March
April
May
June
July
August
September
October,,
November
December
.75
.75
.75
.75
.75
.75
.75
.75
.75
.75
.75
.75
.13
.13
.13
.13
.13
.13
.16
.19.19
.19
.19
.19
.00
.00
.00
.00
.13
.25
.25
.25
.25
.25
.25
1.25
.75
.75
.75
.75
.93
1.00
1.00
1.00
1.00
1.00
1.00
1.00
.75
.75
.75
.75
.93
.00
.00
.00
.00
.00
.00
.00
._ _
2.88
2.63
2.50
2.38
2.25
2.00
2.00
2.00
2.00
3.13
4.00
3.88
1.56
1.44
1.50
1.50
1.00
.88
.88
.88
.88
2.25
3.06
3.00
2.13
1.88
2.13
2.00
.75
.50
.38
.38
.63
3.25
3.50
3.25
.50
.50
.56
.57
.45
.50
.50
1.50
1.50
2.10
2.50 2.73
1.57
1.50
1.55
1.52
1.45
1.50
1.50
1.50
1.50
2.10
2.50
2.70
1937 — January.
February
March
April
Mav
June
July
August
September
October
November
December
.75
.75
.75
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
.22
.31
.38
.56
.53
.47
.44
.44
.44
.44
.44
.44
1.25
1.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
1932 — January
February
_ - ,
March
April
May..,
June
July..,
August
September .
October
November
December
3.88
3.88
3.63
3.50
3.13
2.75
2.50
2.25
2.13
2.00
1.63
1.50
2.88
2.81
2.50
1.50
1.00
.88
.75
.75
.75
,63
.50
.38
3.75
3.63
3.13
2.50
1.75
1.50
1.38
1.38
1.38
1.00
.50
.50
2.61
2.50
2.50
2.50
2.50
2.50
2.08
2.00
2.00
1 . 35
1.00
1.00
2.65 1
2.50
2.50
2.50
2.50
2.50
2.08
2.00
2.00
1.35
1.00
1.00
1938 — January
February
March
April
May
June
July
August,
,
September
October
November
December
1.00
1.00
.88
.88
.88
.88
.75
.75
.69
.69
.69
.63
.44
.44
.44
.44
.44
.44
.44
.44
.44
.44
.44
.44
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
.00
.00
.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1 933— January
February
March
._
April,,
May
June
July..
August
,.
September
October ,
November
December . ., .
1.38
1.38
3.00
2.63
2.13
1.88
1.63
1.50
1.38
1.25
1.25
1.38
.31
.44
2.38
1.13
.50
.38
.44
,50
.25
.25
.38
.63
.50
.88
3.00
1.50
1.13
.88
1.13
1.13
.63
.69
.81
1.00
1.00
1.00
3.27
1.29
1.00
1.00
1.00
.98
.75
.75
.75
.94
1.00
1.00
3.32
1.37
1.00
1.00
1.00
.98
.75
.75
.75
.94
1939— January ,
February
March
April
Mav
June
July
August
September
October
___ November
December
.56
.56
.56
.56
.56
.56
.56
.56
.69
.69
.63
.56
.44
.44
.44
.44
.44
.44
.44
.44
.44
.44
.44
.44
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
1.25
1.25
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
1934 — January
February
March
April,
May
June-July
August
September
October
November
December
1.50
1.38
1.25
1.00
1.00
.88
.88
.88
.88
.88
.88
.88
.50
.50
.38
.19
.19
.19
.19
.19
.19
.19
.13
.13'
1.13
.88
.88
.88
.88
.88
.88
.88
.88
.88
.88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
.00
,00
.00
.00
,00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1940— January _
February
....
March
April
May
June ,
July
August- _ _ ,
September .
October
November
December,
.56
.56
.56
.56
.56
.56
.56
.56
.56
.56
.56
.56
.44
.44
.44
.44
.44
.44
.44
.44
.44
.44
.44
.44
1.25
1.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
1.25
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
1935 —January
February
March .
April.
May
June
July
August
September
October
November
December
.88
.75
.75
.75
.75
.75
.75
.75
.75
.75
.75
.75
.13
.13
.13
.13
.13
.13
.13
.13
.13
.13
.13
.13
.88
.88
.88
.63
.25 '
.25
.25
.25
.25
.25
1.00
1.00
.00
.00
.00
.63
.25
.25
.25
.25
.25
.29
.75
.75
1.00
1.00
1.00
.64
.25
.25
.25
.25
.25
.29
.75
.75
1941— January
February
March.,,,, __. ._
April . , . _ ,,
May
June
July
August , . September
October
November
December
.56
.56
.56
.56
.56
.56
.50
.50
.50
.50
.50
.56
.44
.44
.44
.44
.44
.44
.44
.44
.44
.44
.44
.44
.25
.25
.25
1.25
1.25
1.25
1.25
.25
.25
.25
.25
.25
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
1.00
1930 — January
February
March
April .
May...
June
July...
August
September
October
November
December
1931 — January
February
March
April.,
May
June
July.
August
September
October
November
December ,
1
3
__
__
..
Includes one or more interpolated items.
Nominal part of month.
2
4
Not available.
_ ,.
Monthly figures are averages of daily quotations.
BANKING AND MONETARY STATISTICS
452
NO. 121-SHORT-TERM OPEN-MARKET RATES IN NEW YORK CITY,
WEEKLY, 1919-1941*
[Per cent per annum]
Prevailing rate onStock
Prime Prime
com- bankers' Exchange
time
mercial acceptloans,
paper, ances,
4 to 6 90 days 90 days
months
Week ended
1919
Prevailing rate on-
Average
rate on
Stock Exchange
call loans2
New
Week ended
Renewal
5.38
5.38
5.13
5.13
4.22
4.22
4.28
4.28
5.38
5.38
5.25
5.25
5.85
4.85
4.50
4.63
6.00
4.75
4.50
4.70
Apr. 3
Apr. 10
Apr. 17
Apr. 24
5.13
5.13
5,13
5.13
4.28
4.28
4.28
4.28
5.38
5.38
5.13
5.25
4.28
4.55
5.25
5.20
4.30
4.40
4.88
5.10
5.50
5.50
5.50
5.50
5.50
4.28
4.28
4.28
4.28
4.28
5.63
5.50
5.38
5.38
5.50
5.73
4.78
4.80
4.80
5.58
5.65
4.75
4.85
4.80
5.50
May 1
May 8
May 15
May 22
May 29
5.50
5.50
5.38
5.38
4.28
4.28
4.28
4.28
5.50
5.50
5.63
5.50
4.75
5.65
5.75
5.23
4.90
5.30
5.85
5.40
5.38
5.38
5.13
5.13
5.13
4.28
4.28
4.28
4.28
4.28
5.50
5.50
5.50
5.50
5.50
5.43
4.78
5.73
5.45
5.03
5.65
4.80
5.70
5.60
4.88
June 7
June 14_._
June 21 _
June 28
5.13
5.38
5.38
5.38
4.28
4.28
4.28
4.28
5.63
5.75
6.00
6.00
6.43
7.10
6.75
7.48
July
July
July
July
5^
12_
19,
26
5.38
5.38
5.38
5.38
4.28
4.28
4.28
4.34
6.00
6.00
6.00
6.00
Aug.
Aug.
Aug.
Aug.
Aug.
2
9
16
23
30
_„„_____
_
5.38
5.38
5.38
5.38
5.38
4.34
4.34
4.28
4.34
4.34
Sept. 6
_
Sept. 13
_____
Sept. 20____
Scpt.27____
. .
5.38
5.38
5.38
5.38
Oct.4___
Oct. 11____
Oct. 1 8 _ _ _ _ _ _ _ _
Oct. 25
1920
Prime Prime
Stock
com- bankers' Exchange
mercial accepttime
paper, ances,
loans,
4 to 6 90 days 90 days
months
Average
rate on
Stook Exchange
(sail loans*
New
Renewal
6.88
6.88
7.00
6.88
6.19
6.00
6.00
6.00
8.25
7.75
8.00
8.00
9J>0
6.oO
9.70
7.50
8.00
6.20
7.20
7.60
7.00
7.25
7.38
7.38
7.63
6.00
6.00
6.13
6.19
6.38
8.25
8.25
8.25
8.00
8.00
9.00
7.20
8.130
6. (30
6.20
7.60
7.60
7.60
7.20
6.00
June 5
June 12
June 19
June 26
7.88
7.88
7.88
8.00
6.50
6.38
6.25
6.25
8.00
8.00
8.00
8,25
7. 00
8.30
7/20
9.70
6.00
7.00
7.20
8.00
July 3
July 10
July 17
July 24
July 31
1 8.00
8.00
8.13
8.13
_ _ _ _ __ 8.13
6.25
6.25
6.25
6.25
6.19
8.25
8.50
8.50
8.50
8.75
9.90
7.75
8.50
8.20
8.10
9.20
7.75
8.00
8.20
8.20
7
14
21
28
8.13
8.13
8.13
8.13
6.13
6.13
6.13
6.13
8.75
8.75
8.75
8.75
6.80
6.55
7.30
7.70
7.40
7.10
7,00
7.20
6.00
6.00
7.80
6.60
Sept 4
Sept. 11
Sept 18
Sept 25
8.13
8.13
8.13
8.13
6.13
6.13
6.13
6.13
8.50
8.50
8.38
8.00
7.80
6.88
6.80
7.00
7.80
6.75
7.00
7.00
6.75
8.90
5.95
5.83
7.00
7.60
6.00
6.00
6.00
6.00
6.00
5.88
6.00
7.05
5.15
4.88
5.00
5.85
6.00
5.60
4.95
4.30
6.4P
Oet 2
Get 9
Oet 16
Oct. 23
Oct. 30
8.13
8.13
8.13
8.13
8.13
6.25
6.25
6.25
6.25
6.25
7.88
7.88
7.88
7.88
7.75
7.40
7.55
8.56
7.10
9.40
7.00
7.10
8.38
7.00
8.80
Nov
Nov
Nov
Nov
6
13
20
27
8.13
8.13
8.13
8.00
6.25
6.25
6.25
6.19
7.88
8.13
8.25
7.63
9.38
9.10
7.15
6.00
9.00
9.00
7.70
6.25
4.34
4.31
4.28
4.22
6.00
5.88
5.75
5.75
5.50
6.19
4.85
6.55
5.75
5.75
4.90
5.85
Dec
Dee.
Dec
Dee.
4
11
18
25
8.00
8.00
8.00
7.88
6.13
6.25
6.25
6.25
7.38
7.63
7.63
7.50
6.70
7.00
6.80
6.90
6.60
7.00
7.00
6. SO
5.25
5.25
5.25
5.25
4.34
4.34
4.28
4.28
5.75
6.00
6.00
6.00
8.85
8.80
10.38
5.55
6.20
8.00
9.25
6.20
5.25
5.25
5.25
5.25
5.50
4.28
4.28
4.53
4.56
4.88
6.00
6.50
6.50
6.75
6.25
9.80
11.63
14.90
9.80
7.25
.7.20
11.00
14.00
10.80
7.00
Jan 1
Jan 8
Jan 15
Jan 22
Jan. 29
8.00
7.88
7.88
7.75
7.75
6.25
6.19
6.00
5.81
5.81
7.38
7.25
7.00
6.25
6.75
7.00
7.00
6.30
6.40
7.00
7.00
7.00
6.60
6.20
7.00
Dec. 6
Dec. 13=
Dec. 20
___
Dec.27_____
_ „
1920
Jan. 3
_
Jan. 1 0 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Jan, 17_.___
_
Jan. 2 4 _ _ _ _ _ _
„
Jan. 31
___
5.75
5.88
6.00
6.00
5.13
5.13
5.13
5,13
6.50
7.00
7.50
7.50
5.94
9.20
6.50
12.50
6.00
6.00
6.00
6.00
6.00
5.31
5.31
5.19
5.25
5.31
7.50
7.00
7.50
7.50
7.50
Feb. 7
Feb. 14
Feb.21__
Feb.28____
6.13
6.25
6.63
6.75
5.63
5.63
5.63
5.63
6.88
6.88
7.00
6'. 88
6.00
6.00
6.06
6.00
Jan. 4 _
Jan. 11
Jan. 18
Jan. 25
Feb. 1
Feb. 8
Feb. 15
Feb. 22
_ „_
Mar. 1_ . .
Mar. 8..
Mar. 15
Mar. 22
Mar. 29
.„..
_____
Apr. 5
Apr. 12
Apr. 19
Apr. 26
May 3
May 10 - ,
May 17
May 24
May 31
Nov
Nov
Nov
Nov
Nov
,
.„ _ _ _
____
„
1
8
15
22
29____
Mar. 6
Mar. 13__
Mar. 20___
Mar. 27
____
_
__
__„
__
For footnotes see end of table, p. 459.
Aug
Aug
Aug
Aug.
_
1921
Feb
Feb
Feb
Feb
5
12
19
26
'7.75
7.63
7.63
7.63
6.06
6.06
6.06
5.94
6.75
6.75
6.75
6.75
8.00
7.30
6,80
6.75
7.60
7.40
7.00
7.00
6.00
7.00
7.00
9.25
Mar
Mar
Mar
Mar
5
12
19
26
7.63
7.63
7.63
7.63
5.94
6.06
6.06
6.06
6.75
6.75
6.75
6.75
6,90
7.00
6 70
6 35
7.00
7.00
7.00
6.50
17.25
7.10
10.00
6.50
11.70
14.25
7.40
8.00
6.60
9.00
Apr
Apr
Apr
Apr
Apr
2
9
16
23
30
7.63
7.63
7.63
7.63
" 7.38
6.00
5.75
5.81
5.81
5.69
6.75
6.75
6.63
6.75
6.75
6
5
7
6
6
45
95
00
50
65
6.50
6.90
7.00
6.60
6.60
8.25
8.25
8.00
8.00
16.30
8.13
6.10
9.63
15.20
9.75
6.20
8.25
May
May
May
May
7
14
21
28
7.13
6.88
6.88
6.88
5.81
5.69
5.75
5.75
6.63
6.50
6.50
6.50
6,65
6 JO
6 , 95
7.00
6.70
6.60
6.90
6.90
8.25
8.25
8.00
8.00
9.30
8.00
7.50
8.90
9.60
7.40
8.00
7.80
June 4
June 11
June 18
June 25
6.88
6.75
6.63
6.63
5.-81
5.88
5.69
5.50
6.8S
6.75
6.50
6.00
7.38
6.75
5.65
5.05
7.13
6.90
5.70
5.10
MONEY RATES AND SECURITY MARKETS
453
NO. 121-SHORT-TERM OPEN-MARKET RATES IN NEW YORK CITY,
WEEKLY, 1919-1941i-Con!inuetf
[Per cent per annum]
Prevailing rate on—
Stock
Prime
Prime
com- bankers' Exchange
time
mercial acceptloans,
paper, ances,
4 to 6 90 days 90 days
months
Week ended
1921
Prevailing rate on —
Average
' rate on
Stock Exchange
call loans2
New
'Prime
Stock
Prime
com- bankers' Exchange
mercial accepttime
paper, ances,
loans,
4 to 6 90 days 90 days
months
Week ended
Pvenewal
1922
Average
rate on
Stock Exchange
call loans2
New
Renewal
4.13
4.38
4.63
4.63
3.50
3.50
3.63
3.94
4.75
4.75
4.88
4.88
4.49
5.15
4.91
4.74
4.45
5.00
4.80
4.60
4.75
4.75
4.88
4.88
4.00
4.00
4.00
4.00
4.88
5.00
5.00
5.00
5.13
5.49
4.73
4.83
5.00
5.25
4.90
4.70
4.88
4.88
4.88
4.00
4.00
4.00
5.00
4.88
4.88
4.69
5.07
4.19
4.69
5.00
4.10
4.88
4.00
4.88
5.38
4.88
Jan. 6 _
Jan. 13
Jan. 20,. .
Jan. 27
4.88
4.50
4.50
4.63
4.00
4.00
4.00
4.00
4.75
4.63
4.63
4.63
4.42
4.27
3.85
4.49
4.56
4.35
4.00
4.30
5.30
5.33
4.60
5.00
Feb. 3
Feb 10
Feb. 17
Feb. 24.
4.63
4.63
4.63
4.75
3.94
3.94
4.00
4.00
4.63
4.88
4.88
4.88
4.74
4.45
5.21
5.22
4.60
4.45
4.88
5.00
4.95
5.05
5.10
5.55
5.15
4.90
5.00
5.00
5.60
5.00
Mar
Mar.
Mar.
Mar.
Mar.
3
10
17
24
31.
5.00
5.13
5.13
5.13
5.13
4.00
4.00
4.00
4.00
4.00
5.13
5.13
5.38
5.38
5.50
5.00
4.97
5.06
5.38
5.77
5.10
4.90
5.15
5.05
5.63
5.00
4.50
4.63
4.88
4.53
3.45
4.83
4.95
5.13
3.60
4.40
4.90
Apr 7
Apr. 14.
Apr. 21
Apr. 28
5.38
5.38
5.38
5.38
4.00
4.00
4.25
4.19
5.63
5.38
5.38
5.38
4.88
4.91
4.99
4.96
5.00
4.80
4.85
4.65
4.00
4.00
4.00
4.00
4.88
4.88
4.88
4.88
5.33
5.08
4.15
5.28
5.20
5.10
4.38
4.88
May
May
May
May
5.13
5.00
5.00
5.00
4.13
4.13
4.13
4.13
5.25
5.25
5.13
5.13
5.05
4.62
4.39
4.75
5.20
4.65
4.50
4.70
4.88
4.00
4.88
4.70
4.75
June 2
4.75
4.75
3.88
3.50
4.75
4.63
3.61
4.48
3.90
4.05
4.75
4.75
4.63
4.50
4.38
3.50
3.38
3.38
3.31
3.25
4.50
4.50
4.50
4.38
4.25
4.64
4.58
4.21
3.52
3.80
4.40
4.55
4.31
3.60
3.50
June 16
June 23
June 30
5.00
5.00
5.00
5.00
5.00
4.13
4.13
4.13
4.13
4.13
5.00
4.88
4.88
4.88
5.00
4.91
4.74
4.65
5.06
5.86
4.81
4.75
4.70
4.90
5.60
July 7
July 14
July 21..
July 28
5.00
5.00
5.13
5.13
4.13
4.13
4.13
4.13
5.13
5.13
5.13
5.13
5.05
5.20
4.92
4.84
5.19
5.10
4.95
5.05
4.38
4.38
4.38
4.38
3.25
3.13
3.13
3.13
4.25
4.25
4.13
4.25
4.26
3.94
3.48
3.92
4.25
4.00
3.50
3.80
Aug. 4__
Aug. 1U
Aug. 18
Aug. 25
_ 5.13
. ___ 5.13
5.25
5.25
4.13
4.13
4.13
4.13
5.13
5.25
5.25
5.25
5.36
4.68
4.74
4.98
5.50
4.69
4.75
4.95
4.38
4.38
4.38
4.38
3.13
3.13
3*. 06
3.00
4.13
4.25
4.13
3.88
4.58
3.34
3.28
3.09
4.38
3.70
3.20
2.90
4.13
4.13
4.13
4.13
4.13
3.00
3.00
3.00
3.00
3.00
4.00
4.00
4.13
3.88
3.88
4.74
4.58
3.54
3.78
3.73
4.65
4.56
3.70
3.60
3.80
Sept. !___
Sept. 8__
Sept. 15
Sept, 22
Sept. 29
5.25
5.38
5.38
5.38
5.38
4.13
4.13
4.13
4.13
4.13
5.38
5.50
5.50
5.50
5.50
5.30
4.98
5.14
4.27
5.30
5.25
5.13
5.05
4.50
5.10
Oct.
Oct.
Oct;
Oct.
5.38
5.38
5.38
5.38
4.13
4.13
4.13
4.13
5.50
5.50
5.25
5.13
4.90
4.88
4.47
4.50
4.95
4.94
4.65
4.50
4.13
4.13
4.13
4.13
3.00
3.00
3.00
3.00
3.88
4.13
4.13
4.13
3.98
4.06
3.28
3.79
3.90
3.85
3.50
3.55
Nov.
Nov.
Nov.
Nov.
5.25
5.13
5.13
5.13
4.13
4.13
4.13
4.13
.5.00
5.13
5.13
5.13
4.75
4.89
4.73
4.68
4.75
5.00
4.75
4.75
4.13
Sept. 2
4.13
Sept 9
Sept. 16 _ . ... _ _ _ _ _ __ 4.13
4.13
Sept. 23
4.13
Sept, 30
3.00
3.00
3.06
3.19
3.31
4.25
4.38
4.38
4.50
4.50
4.30
4.14
4.37
4.83
4.62
4.05
4.25
4.10
4.40
4.55
Dec. 1
Dec 8
Dec. 15
Dec. 22
Dec. 29
5.13
5.13
5.13
4.88
4.88
4.13
4.13
4.13
4.13
4.13
5.13
5.13
5.13
5.00
5.00
4.81
4.60
4.81
4.67
5.36
4.75
4.65
4.85
4.75
5.00
6.38
6.38
6.38
6.38
6.25
5.38
5.31
5.25
5.25
5.13
6.00
6.00
6.00
6.00
5.75
5.60
5.63
6.05
5.75
4.75
5.50
5.63
5.90
5.70
5.00
6
13
20
27
6.13
. - 6.13
6.13
6.25
5.00
5.00
5.00
5.00
5.75
6.00
6.00
5.88
5.50
6.00
5.85
5.35
5.30
•6.00
5.90
5.40
Sept 3
Sept. 10
Sept. 17
Sept 24
6.25
6.13
6.13
5.88
5.00
5.00
5.00
4.81
5.88
5.63
5.63
5.50
5.20
5.31
5.05
4.85
5.20
5.38
5.20
4.80
Oct. 1
Oct. 8
Oct. 15
Oct. 22
Oct. 29
5.75
5.88
5.88
5.88
5.88
4.75
4.75
4.50
4.50
4.50
5.38
5.38
5.38
5.38
5.38
5.15
4.95
5.63
4.50
5.65
5.00
4.90
5.75
4.80
5.50
Nov.
Nov
Nov.
Nov.
5
12
19
26
5.63
5.38
5.38
5.38
4.44
4.38
4.31
4.25
5.38
5.38
5.38
5.25
5.20
5.50
4.65
5.00
Dec 3
Dec. 10
Dec. 17
Dec. 24
Dec. 31
5.13
5.13
5.13
5.13
5.13
4.13
4.13
4.13
4.19
4.13
5.13
5.13
5.13
5.13
5.13
(
5.13
5.00
5.00
5.00
4.13
3.94
3.75
4.00
4.88
4.88
4.88
4.88
Mar. 4
Mar. 18
Mar. 25
Apr
Apr
Apr
Apr
Apr
July 2
July 9
July 16
July 23
July 30
Aug
Aug.
Aug
Aug.
Jan. 7
Jan. 14
Jan. 21
Jan. 28
1922
Feb. 4
Feb. 11
Feb. 18
Feb. 25
_
________
8
15
22
„_
29
May 6 _ _ _ _
May 13
May 20 .
May 27
_
_
_
June 3.,
June 10
June 17
June 24
July 1
JulyS _
July 15
July 22
July 29
Aug.
Aug.
Aug.
Aug.
5
12
19..
26.
_
_
._
_
___.
For footnotes see end of table, p. 459.
Oct
Oct.
Oct.
Oct.
7
14
21_.
28
Nov.
Nov.
Nov.
Nov.
4
11
18.
25
Dec.
Dec
Dec.
Dec.
Dec.
__
2
9
16
23
30
_„
„___
1923
5
12. ..
19
26
6...
13
20
27
3 .
10
17.
24.
.
_
_
„'
BANKING AND MONETARY STATISTICS
454
NO. 121-SHORT-TERM OPEN-MARKET RATES IN NEW YORK CITY,
WEEKLY, 1919-1941M5ontinued
[Per cent per annum]
Prevailing rate on—
Stock
Prime
Prime
com- bankers' Exchange
time
mercial acceptloans,
paper, ances,
4 to 6 90 days 90 days
months
Week ended
1924
Prevailing rate on-
Average
rate on
Stock Exchange
call loans2
New
Stock
Prime Prime
com- bankers' Exchange
time
mercial acceptpaper,
loans,
ances,
4 to 6 90 days 90 days
months
Week ended
Renewal
1925
Average
rate on
Stook Exchange
call loans2
New
Renewal
1
4.00
4.00
4.00
4.00
3.19
3.19
3.06
3.13
4.13
4.00
3.88
3.88
4.IS7
4.02
3.52
3.93
4.40
3.94
3.60
3.80
_.
4.00
3.88
3.88
3.88
3.88
3.13
3,13
3.13
3.19
3.25
3.88
3,88
3.88
3.88
3.88
3. IU
3. OS
3.76
3.72
3.98
3.90
3.85
3.70
3.75
3.95
June 6
June 13
June 20
June 27
3.88
3.88
3.88
3.88
3.25
3.25
3.25
3.25
3.88
3.88
3.88
3.88
4.00
! 3.85
3.75
4.;J8
3.90
3.90
3.75
4.10
4.55
4.45
4.25
3.95
July 4 „
July 11
July 18
July 25
3.88
3.88
3.88
3.88
3.25
3.25
3.25
3.25
3.94
3.88
4.00
4.13
4.94
3.96
3. '37
4.09
4.85
3.90
4.00
3.95
3.90
3.50
3.34
3.00
3.36
3.90
3.50
3.45
3.00
3.38
Aug.
Aug.
Aug.
Aug.
Aug.
3.88
4.00
4.00
4.13
4.25
3.25
3.25
3.25
3.25
3,25
4.13 , 4.03
4.13
4.35
4.12
4.38
4.02
4.31
4.38
4.39
4.00
4.25
4.15
4.00
4.35
3,88
3.25
3.13
2.88
2.79
2.03
2.00
2.00
2.95
2.10
2.00
2.00
Sept. 5
Sept. 12 ..... _
Sept. 19
Sept. 28 ....... . „.
4.25
4.25
4.25
4.25
3.50
3.50
3.50
3.50
4.38
4.63
4.63
4.50
4.19
4.54
4.31
4.78
4.15
4.50
3.95
4.70
2.00
2.00
2.00
2.00
2.88
2.88
2.88
2.63
2.38
2.15
2.00
2.00
2.25
2.20
2.00
2.00
3.38
3.38
3.25
3.13
3.13
2.63
2.63
2.50
2.50
2.88 ,
4.25
4.25
4.38
4.38
4.38
3.50
3.50
3.50
3.50
3.50
4.63
4.63
4.75
4.88
4.88
5.20
4.90
5.12
4.31
4.84
5.10
5.05
5.06
4.50
4.75
2.00
2.00
2,00
2.13
2.25
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
Oct 3
Oct, 10.
Oct. 17.
Oct. 24
Oct 31
Nov. 7
Nov. 14 „ _ .
Nov. 21
Nov. 28
4.38
4.38
4.38
4.38
3.50
3.50
3.50
3.50
4.94
4.94
4.94
4.94
4.77
4.63
4.71
4.72
4.88
4.70
4.75
4.63
Sept. 6
Sept, 13
Sept 20
Sept 27
3.25
3.25
3.13
3.13
2.25
2.25
2.19
2.13
3.13
3.13
2.50
2.50
2.28
2.00
2.00
2.00
2.25
2.00
2.00
2.00
Dec. 5
Dec. 12
Dec. 19
Dec 26
4.38
4.38
4.38
4.38
3.50
3.5Q
3.50
3.50
5.08
4.94
4.94 '< 5.10
4.99
4.94
5.85
4.94
5.00
5.00
4.90
5.88
Oct
Oct.
Oct
Oct
4
11
18
25
3.13
3.13
3.13
3.13
2.13
2.25
2.25
2.25
2.75
2.75
2.75
2.75
2.48
2.52
2.42
2,00
2.40
2.50
2.50
2.00
Nov 1
Nov. 8
Nov 15
Nov. 22
Nov. 29
3,13
3.13
3.38
3.38
3.50
2.25
2.25
2.25
2.50
2.56
2.88
3.13
3.38
3.25
3.25
2.39
2.86
2.15
2.39
2.74
2.20
2.75
2.20
2.30
2.50
4.38
4.38
4.38
4.38
4.38
3.50
3.50
3.75
3.69
3.69
5.00
4.81
4.81
4.81
4.56
6.00
4.37
4.43
4.13
4.91
6.00
4.70
4.40
4.20
4.00
3.50
3.50
3.63
3.63
2.69
2.94
2.94
3.00
3.38
3.38
3.63
3.63
4.38
4.25
4.25
4.25
3.14
3.49
2.91
4.36
3.10
3.35
3.00
3.88
3.63
3.63
3.63
3.63
4.63
4.69
4.69
4.75
4.70
5.07
4.75
5.10
4.50
5.25
4.75
5.00
4.38
4.38
4.38
4.38
3.63
3.63
3.63
3.63
4.88
4.88
4.63
4.63
4.67
4.18
4.25
4.87
4.80
4.25
4.25
4.70
3.63
3.63
3.50
3.50
3.50
3.00
3,00
3.00
3.00
3.00
3.75
3.63
3.63
3.75
3.75
4.82
2.85
3.28
2.83
3.62
4.75
3.20
3.20
3.05
3.50
Apr. 3
Apr. 10
Apr. 17
Apr 24
4.38
4.38
4.38
4.38
3.63
3.56
3.50
3.31
4.63
4.50
4.31
4.19
4.86
4,02
4,53
3,66
4.94
4.20
4.40
3.85
3.50
3.63
3.63
3.75
3.00
3.06
3.13
3.19
3.75
3.75
3.75
4.00
3.32
3.83
3.39
4,41
3.30
3.63
3.50
4.06
May 1
May 8
May 15
May 22
May 29
4.13
4.13
4.00
4.00
3.88
3.13
3.13
3.13
3.25
3.31
4.00
4.00
4.00
4.00
4.00
3 62
3 77
3,77
3 85
3.93
3.60
3.70
3.90
3.75
3.90
3.88
4.00
4.00
4.00
3.25
3.25
3.25
a, 25
4.13
4.13
4.13
4.13
3.98
4.33
3.47
3.96
4.10
4.20
3.70
3.60
June 5
June 12
June 19
June 26
4.00
1 4.00
4.00
4.00
3.25
3.25
3.25
3.31
4.13
4.13
4.13
4.25
4.18
3.94
3.78
4.25
4.12
4.00
3.85
4.20
4.88
4.13
5.00
5.18
5.44
_
4.88
4,88
4.06
4.06
4.75
4.63
4.19
4.00
4.25
4.00
...
4.88
4.88
4.88
4.88
4.00
4.00
4.13
4.13
4.63
4.63
4.88
4.88
4.43
4.37
4.56
4.14
4.30
4.35
4,44
4.19
Mar. 1
Mar 8
Mar. 15
Mar 22
Mar 29
4.88
4.88
4.88
4 88
4.63
4.13
4.13
4.13
4 00
3.94
4,88
4.88
4.75
4 38
4.38
4.42
4.32
4.19
3.19
4.54
4.30
4.35
4.20
3.45
3.95
Apr. 5
Apr 12
Apr. 19
Apr 26
4.63
4.63
4.63
4.63
4.00
4.00
4.00
3.94
4.50
4.38
4.63
4.50
4.57
4.58
4.19
3.84
May
May
May
May
May
4.63
4.50
4.50
4.38
4.38
3.63
3.50
3.44
3.00
3.00
4.38
4,13
3.88
3.88
3.88
4.38
4.13.
4.13
4.00
2.94
2.56
2,38
2,19
3.63
3.63
3.50
3.38
2
9
16
23
30
Jan. 5
Jan. 12
Jan. 19
Jan 26
Feb 2
Feb. 9
Feb. 16
Feb, 23
3
10
17
24
31
June 7
June 14
June 21
June 28
July 5
July 12
July 19
July 26
Aug.
Aug
Aug.
Aug.
Aug.
Dec. 6
Dec. 13
Dec. 20
Dec 27
Jan. 3
Jan 10
Jan 17
Jan 24
Jan. 31
Feb.
Feb
Feb
Feb.
.
1925
--_,._ .
--„ , ..
7
14
21
28
Mar
Mar
Mar
Mar
...
7
14
21
28
,
For footnotes see end of table, p. 459.
Apr. 4
Apr. 11
Apr. 18
Apr. 25
May
May
May
May
May
2
9
16
23
30
1
8
15
22
29
Jan. 2
Jan. 9
Jan 16
Jan. 23
Jan 30
--
..
__ .
_____..
__.._.. ,. ....
1926
___„_,
Feb 6
Feb. 13 Feb. 20
Feb 27
Mar. 6
Mar. 13
Mar 20
Mar 27
- _
.
-_ .-_..
---
MONEY RATES AND SECURITY MARKETS
455
NO. 121-SHORT-TERM OPEN-MARKET RATES IN NEW YORK CITY,
WEEKLY, 1919-1941'-Continued
[.Per cent per annum]
Prevailing rate on —
Stock
Prime
Prime
combankers' '. Exchange
time
mercial acceptloans,
paper, ances,
4 to 6 90 days 90 days
months
Week ended
1926
Average
rate on
Stock Exchange
call loans2
New
Prevailing rate onWeek ended
Renewal
4.00
4.00
4.00
4.00
4.13
3.38
3.38
3.38
3.38
3.38
4.25
4.38
4.50
4.50
4.50
4.65
4.50
4.38
4.01
4.16
4.70
4.50
4.45
4.05
4.00
Oct. 1
Oct. 8
Oct. 15
Oct. 22
Oct. 29
Aug. 7
Aug. 14
Aug. 21
Aug. 28
4.13
4.25
4.38
4.38
3.38
3.44
3.63
3.75
4.56
4.69
4.81
4.94
4:40
4.49
4.50
4.75
4.30
4.40
4.50
4.70
Sept. 4
Sept. 11
Sept. 18
Sept. 25 .
4.50
4.50
4.63
4.63
3.88
3.88
3.88
3.88
4.88
4.88
4.94
4.94
4.72
4.98
4.85
5.30
4.80
4.88
4.90
5.30
4.63
4.63
4.63
4.63
4.63
3.88
3.88
3.88
3.88
3.88 .
5.00
5.00
5.00
5.00
4.94
5.47
4.63
5.08
4.52
4.50
4.50
4.50
4.50
4.50
3.88
3.81
3.75
3.75
4.75
4.75
4.75
4.63
4.50
4.50
4.50
4.50
3.75.
3.88
3.88
3.88
4.50
4.38
4.25
4.25
4.13
July 3
July 10
July 17
July 24
July 31
1927
„_ _
Stock
Prime
Prime
combankers' '. Exchange
time
mercial acceptpaper,
ances,
loans,
4 to 6 90 days 90 days
months
Average
rate on
Stock Exchange
call loans2
New
Renewal
4.00
4.00
4.00
4.00
4.00
3.13
3.19
3.25
3.25
3.25
4.25
4.25
4.38
4.38
4.25
3.92
4.18
4.10
3.75
3.50
4.00
4.20
4.00
3.90
3.50
Nov. 5
Nov. 12
Nov. 19 ...
Nov 26
4.00
4.00
4.00
4.00
3.25
3.25
3.25
3.25
4.25
4.19
4.19
4.13
3.61
3.50
3.50
3.50
3.70
3.50
3.50
3.50
5.30
4.80
5.00
4.60
4.50
Dec. 3
Dec. 10
Dec. 17 .
Dec. 24
Dec. 31
1928
Jan. 7
Jan. 14
Jan 21
Jan. 28 ..
4.00
4.00
4.00
4.00
4.00
3.25
3.25 '
3.25
3.25
3.25
4.13
4.25
4.19
4.19
4.25
4.27
4.08
4.00
4.36
5.48
4.10
4.20
4.00
4.20
5.38
4.00
3.88
4.00
4.00
3.25
3.38
3.38
3.38
4.25
4.31
4.44
4.44
4.57
4.20
3.88
3.82
4.88
4.20
4.10
3.70
4.50
4.32
4.65
4.60
4.50
4.30
4.70
4.50
Feb. 4
Feb. 11
Feb. 18
Feb. 25
4.00
4.00
4.00
4.00
3.50
3.50
3.50
3.50
4.44
4.56
4.56
4.56
4.45
4.34
4.42
4.21
4.55
4.40
4.44
4.25
4.69
4.75
4.69
4.75
5.00
4.87
4.83
5.58
5.00
4.80
4.90
5.50
Mar. 3
Mar, 10
Mar 17
Mar 24
Mar. 31
4.00
4.13
4.13
4.13
4.13
3.50
3.50
3.50
3.50
3.50
4.56
4.56
4.63
4.63
4.69
4.42
4.25
4.50
4.45
4.73
4.45
4.25
4.50
4.45
4.65
3.75
3.75
3.63
3.69
3.69
4.69
4.56
4.50
4.50
4.50
5.57
4.75
4.12
4.23
4.00
5.60
4.85
4.15
4.35
4.00
Apr 7
Apr. 14
Apr 21
Apr 28
4.25
4.25
4.38
4.50
3.69
3.75
3.88
3.88
4.81
4.94
5.00
5.00
5.20
5.39
4.71
4.98
5.00
5.45
4.90
4.95
4.13
4.13
4.00
4.00
3.69
3.63
3.75
3.75
4.44
4.44
4.38
4.38
4.00
4.00
4.02
4.12
4.00
4.00
4.00
4.00
May
May
May
May
4.50
4.50
4.50
4.63
3.88
3.88
3.88
4.06
5.00
5.00
5.13
5.50
5.25
5.67
5.67
6,00
5.30
5.60
5.60
6.00
4.00
4.13
4.13
4.13
3.69
3.63
3.63
3.63
4.44
4.44
4.44
4.44
4.16
4.00
3.93
4.23
4.20
4.00
4.00
4.20
June 2
June 9
June 16
June 23
June 30
4.63
4.63
4.75
4.88
4.88
4.06
4.00
4.00
4.06
4.13
5.50
5.69
5.75
5.75
5.94
6.10
6.09
5.80
6.21
7.20
6.00
6.10
5.80
6.00
7.00
Apr. 2_. „
Apr. 9
Apr. 16
Apr. 23
Apr 30
4.13
4.13
4.13
4.13
4.13
3.63
3.63
3.63
3.63
3.63
4.50
4.50
4.50
4.50
4.38
4.47
4.18
.48
.02
.14
4.40
4.15
4.44
4.10
4.00
July 7
July 14
July 21
July 28
4.88
5.13
5.13
5.25
4.13
4.25
4.38
4.50
5.88
5.88
6.00
6.00
6.59
6.55
5.44
5.50
6.75
6.40
5.80
5.50
May
May
May
May
4.13
4.13
4.13
4.13
3.63
3.63
3.63
3.63
4.38
4.38
. 4.38
4.44
.15
.25
.16
4.47
4.20
4.15
4.25
4.40 .
5.25
5.38
5.38
5.38
4.63
4.63
4.63
4.63
6.00
6.25
6.38
6.50
6.77
6.91
6.27
7.05
6.60
6.50
6.60
6.80
4.25
4.25
4.25
4.25
3.63
3.63
3.63
3.69
4.50
4.50
4.50
4.50
4.50
4.19
4.03
4.00
4.50
4.35
4.19
4,00
Sept. 1
Sept. 8
Sept. 15 _ _ _
Sept. 22
Sept. 29 _ _ _
5.50
5.63
5.63
5.50
5.50
4.63
4.50
4.50
4.50
4.50
6.50
6.50
7.00
7.38
7.38
7.45
7,69
7.39
7.65
6.93
7.40
7.50
7.40
7.30
6.90
July 2
July 9
July 16
July 23.
July 30
4.254.25
4.25
4.25
4.25
3.69
3.63
3.63
3.56
3.38
4.63
4.50
4.50
4.44
4.38
4.71
4.15
4.00
3.81
3.73
4.80
4,25
4.00
3,95
3,85
Oct. 6
Oct. 13
Oct, 20
Oct. 27
5.50
5.50
5.50
5.50
4.50
4.50
4.50
4.50
7.25
7.13
7.00
6.94
7.70
6.42
7.06
6.85
7.50
6.50
7.00
6.50
Aug
Aug.
Aug.
Aug.
6
13
20
27
4.13
4.00
4.00
4.00
3.13
3.13
3.13
3.13
4.38
4.25
4.25
4.00
3.88
3.75
3.60
3.50
3.95
3.75
3.65
3.50
Nov. 3
Nov 10
Nov. 17 _ _ _ _ '
Nov. 24
5.50
5.50
5.38
5.38
4.50
4.50
4.50
4.50
6.94
7.00
6.88
6.94
7.53
6.35
6.20
6.50
7.50
6.38
6.20
6.50
Sept. 3
Sept. 10
Sept 17
Sept 24
4.00
4.00
4.00
4.00
3.13
3.13
3.13
3.13
4.00
4.13
4.13
4.25
3.50
3.59
3.94
3.99
3.50
3.50
3.95
3.95
5.38
5.38
5.38
, 5.38
5.38
4.50
4.50
4.50
4.50
4.50
7.00
7.13
7.75
7.75
7.75
8.39
9.87
7.25
7.26
10.83
7.38
8.80
8.00
7.20
10.00
Oct 2
Oct. 9
Oct. 16
Oct. 23
Oct. 30
_____
-----
Nov. 6.
_Nov. 13
Nov. 2 0 _ _ _ _ _
Nov. 27
Dec. 4
Dec. 11
Dec 18
Dec. 25
_
1927.
Jan. 1
Jan. 8
Jan. 15
Jan 22
Jan. 29
Feb. 5
Feb. 12
Feb. 19
Feb. 26
...
_____
.
Mar. 5
Mar. 12
Mar. 19
Mar. 26
_
______
7
14
21
28
June 4 .
June 11
June 18
June 25
.
_ «._
For footnotes see end of table, p. 459.
Aug.
Aug,
Aug.
Aug.
._
___
_
5
12 . _ _
19
26
_.
4
11 _
18 _„
25
Dec 1
Dec. 8
Dec. 15
Dec 22
Dec 29
.. _
BANKING AND MONETARY STATISTICS
456
NO. 121-SHORT-TERM OPEN-MARKET RATES IN NEW YORK CITY,
WEEKLY, 1919-1941i-Continued
[Per cent per annum]
Prevailing rate onStock
Prime Prime
combankers' Exchange
time
mercial acceptloans,
paper, ances,
4 to 6 90 days 90 days
months
Week ended
Average
rate on
Stock Exchange
call loans*
New
Prevailing rate onStock
Prime
Prime
bankers' Exchange
comtime
mercial acceptloans,
paper, ances,
4 t o 6 90 days 90 days
months
Week ended
Renewal
1930
1929
Jan. 5 , .
Jan 12
Jan. 19
Jan. 26 ...
5.38
5.38
5.38
5.50
4.50
4.75
4.75
5.00
7.63
7.75
7.75
7.75
9.37
6.61
7.27
6.00
10.50
6.60
7.20
6.00
Feb. 2 ........
Feb. 9
Feb. 16
Feb 23
5.50
5.50
5.50
5.63
5.00
5.00
5.13
5.25
7.63
7.63
7.75
7.75
7.10
7.05
7.42
6.61
6.60
6.60
7.13
7.00
Mar. 2
Mar. 9
Mar 16
Mar. 23
Mar 30
5.63
5.75
5.75
5.88
5.88
5.25
5.25
5.25
5.38
5.56
7.75
7.75
7.88
8.00
8.00
8.65
9.80
7.32
8.97
14.40
7.70
8.80
7.40
8.40
12.75
June 7
..
June 14
June 21
June 28 ..
Apr.
Apr.
Apr.
Apr
6
13 ...
20
27
5.88
6.00
6.00
6.00
5.50
5.50
5.50
5.38
9.00
9.00
8.75
8.38
10.12
8.48
7.91
9.95
10.00
8.00
7.90
8.00
July 5
July 12...
July 19.
July 26
May
May
May
May
4 ._
11
18
25 ..
6.00
6.00
6.00
6.00
5.38
5.50
5.50
5.50
8.50
8.75
8.88
9.00
11.33
11.83
9.40
6.48
11.40
12.40
9.20
6.60
6.00
6.00
6.00
'6.00
6.00
5.50
5.50
5.50
5.50
5.50
' 8.88
8.38
8.25
8.00
7.88
Aug. 2.,
Aug. 9
Aug. 16
Aug. 23
• Aug. 30 ..
6.00
6.96
7.56
7.00
9.79
6.00
6.80
7.60
7.00
9.40
Sept. 6 ,_
Sept. 13
Sept.20^
Sept. 27..
July 6
July 13 .
July 20
July 27 . ...
6.00
6.00
6.00
6.00
5.31
5.13
5.13
5.13
7.50
7.50
7.75
8.13
11.05
8.88
9.56
8.18
11.00
8.60
9.80
7.60
Aug.
Aug.
Aug.
Aug.
Aug.
6.00
6.00
6.13
6.13
6.13
5.13
5.13
5.13
5.13
5.13
8.75
8.88
8.88
8.88
8.88
10.26
9.11
7.13
6.76
8.54
9.80
9.60
7.40
7.00
8.20
Nov.l.___
Nov. 8-,,
.. »
Nov. 15..
.,
Nov. 22.
*___..._
Nov. 29 .
6.13
6.25
6.25
6.25
5.13
5.13
5.13
5.13
8.88
8.88
9.00
9.13
8.65
8.09
8.48
9.03
9.00
8.20
8.40
8.40
Dee.6._.._.
Dec 13
Dec. 20
Dec. 27, ..
6.25
'6.25
6.25
6.25
5.13
5.13
5.13
4.94
9.13
8.63
7.75
7.25
8.08
5.63
6.28
5.35
8.20
6.20
6.40
6.00
Nov. 2
„
Nov 9
Nov. 16
Nov. 23
Nov. 30.......
6.13
5.88
5.88
5.63
5.38
4.63
4.63
4.38
3.81
3.81
6.00
6.00
5.75
5.25
4.88
5.94
6.00
5.90
4.86
4.50
5.80
6.00
5.90
5.00
4.50
Dec
Dec
Dec
Deo.
5.13
5.00
5.00
5.00
3.81
3.88
3.88
4.00
4.63
4.88
4.88
4,88
4.50
4.50
4.56
5.66
4.50
4.50
4.50
5.50
5.00
5.00
4.88
4.88
3.94
3.88
4.00
4.00
4.88
4.75
4.69
4.75
5.86
4.25
4.24
4.06
1
8 .....
15
22
4.88
4.88
4.63
4.63
4.00
3.81
3.75
3.75
4.63
4.88
4.69
4.75
Mar. 1 ....... . „
Mar. 8
Mar 15
Mar 22
Mar. 29 ... . .
4.63
4.63
4.50
4.00
3.88
3.75
3.56
3.25
2.81
2.63
4.63
4.50
4.25
3.88
4.00
June 1
June 8
June 15
June 22
June 29
,
3.
10
17...
24 - .
31
Sept. 7 ....
Sept 14
Sept 21
Sept. 28
Oct. 5 .......
Oct. 12
Oct. 19
Oct 26
7
14
21
28 ...
1930
Jan. 4 __
Jan. 11 .. ..
Jan. 18 ..
Jan 25
Feb
Feb.
Feb
Feb
,
For footnotes see end of table, p. 459.
Average
rat© on
Stoc < Exchange
call loans3
New
Henewal
3.88
3.88
3.88
3.88
2.88
2.88
2.94
3.00
4.00
4.25
4.25
4.13
4.00
3.67
3.83
3.5S
4.00
4.00
4.00
4.00
3.88
3.88
3.88
3.75
3.63
2.81
2.56
2.50
2.38
2.38
3.88
3.75
3.63
3.38
3.25
3.83
3.02
3.00
3.0!)
3.03
3.90
3.20
3.00
3,00
3.00
3.63
3.63
3.63
3.38
2.25
2.13
2.13
1.94
3.25
3.13
2,88
2.63
3.00
2.81
2.56
2.02
3.00
2.90
2.50
2.20
3.38
3.25
3.13
§.13
1.88
1.88
1.88
1.88
2.75
2.63
2.88
2.75
2.54
2.4S
2.09
2.00
2.38
2.40
2,20
2,00
3.13
3.00
3.00
3.00
3.00
2.63
1.88
2.63
1.88
2.50
1.88
1.88 i 2.63
2.63
1.88
2.00
2.23
2.49
2.20
2.00
2.00
2.20
2.40
2.30
2.00
__--.„..
3.00
3.00
3.00
3.00
1.88
1.88
1.88
1.88
2.63
2.63
2.63
2.50
2.35
2.50
2.02
2.00
2.25
2.50
2.20
2.00
______„... .
3.00
3.00
3.00
3.00
1.88
1.88
1.88
1,88
2.38
2.50
2.63
2.63
1.90
2.00
2. CO
2.CO
1.90
2.00
2.00
2.00
3.00
3.00
2.88
2.88
2.88
1.88
1.88
1.88
1.88
1.88
2.63
2.13
2.13
2.13
2.13
2. CO
2. CO
2. CO
2.CO
2. CO
2.00
2.00
2.00
2.00
2.00
. . 2.88
2.88
2.88
2.88
1.88
1.88
1.88
1.88
2.13
2.13
2.63
2.38
2. CO
2.C9
2.21
2.04
2.00
2.00
2.30
2.00
1931
Jan. 3. . . . .
Jan. 10...
Jan 17
Jan. 24
Jan 31
2.88
2.88
2.88
2.88
2.75
1.88
1.75
1.63
1.50
1.44
2.38
2.38
2.25
1.88
1.88
2.94
1.50
1.60
1.50
1.50
3.13
1.50
1.50
1.50
1,50
Feb . 7
Feb. 14
Feb.21____.______
Feb. 28.,
2.63
2.63
2.63
2.50
1.38
1.25
1.44
1.50
1.88
1.88
1.88
2.13
l.HO
l.SO
1JJO
UiO
1.50
1.50
1.50
1.50
Mar. 7 .
Mar. 14
Mar. 21 .. „ ... . .
Mar . 28
2.50
2.50
2.50
2.50
1.50
1.50
1.50
1.50
2.13
2.25
2.13
1.88
1J»8
1.07
1.41
1.88
1.50
1.70
1.50
1.50
6.00
4.60
4.50
4.50
Apr.4_._________
Apr. 11.. .
.... ...
Apr. 18. . . ...
Apr. 25
2.38
2.38
2.38
2.38
1.50
1.50
1.50
1.44
1.8S
2.13
2.13
1.88
1.53
1.74
1.M
l.iH)
1.50
1.60
1.50
1.50
4.12
4.22
4.19
4.40
4.40
4.40
4.00
4.40
2.38
2.38
2.25
2.13
2.13
1.25
1.19
1.08
.88
.88
1.88
I.liO
1.88
1.40
1.75 | 1.38
1.63
l.,»0
1.63
1..50
1.50
1.50
1.30
1.50
1.50
4.28
3.84
3.56
2.97
3.78
4.40
4.00
3.90
3.00
3.80
May 2
May 9..
May 16 ..
May 23
May 30
2.13
2.00
2.00
2.00
.88
.88
.88
.88
1.63
1.38
1.38
1.63
1.50
1.50
1.50
1.50
Apr, 5,,
Apr. 12.
Apr. 19
Apr. 26
.
May 3..
_
May 10... .
May 17.
May 24 .
May 31
Oct. 4
Oct. 11
Oct. 18
Oct. 25
... „
„ , .
..
- - ..
June 6 ..
....
.
June 13 .
June 20
June 27. ._..._. _,„_ _ _ ,
1
l.,)0
1.30
1.50
1.50
457
MONEY RATES AND SECURITY MARKETS
NO. 121-SHORT-TERM OPEN-MARKET RATES IN NEW YORK CITY,
WEEKLY, 1919-1941*-Continued
[Per cent per annum]
Prevailing rate on—
Week ended
July
July
July
July
Stock
Prime
Prime
bankers' Exchange
comtime
mercial acceptpaper, ances,
loans,
4 to 6 90 days 90 da,ys
months
New
2.00
2.00
1,50
1.00
1.00
2.00
2.00
1.50
1.00
1.00
5
12-.
19
26
.88
.63
.63
.63
.50
.50
.50
.50
.75
.50
.50
.50
.00
.00
.00
.00
1.00
1.00
1.00
1.00
.63
.63
.50
.38
.38
.50
.38
.38
.38
.38
.50
.50
.50
.50
.50
.00
.00
.00
.00
.00
1.50
1.50
2.13
2.50
2.50
Dec. 3
Dec. 10
Dec. 17
Dec. 24 . .
Dec. 31
1933
Jan. 7
Jan. 14
Jan. 21
Jan 28
,00
.00
.00
.00
.00
.38
.38
.38
.38
.38
.38
.38
.25
.50
.50
,50
.50
.00
.00
.00
.00
.00
.00
.00
.00
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
Feb. 4
Feb. 11
Feb. 18
Feb. 25
.38
.38
.38
1.38
.25
.25
.44
.63
.50
.50
.50
1.13
.00
.00
.00
1.00
.00
.00
.00
.00
2.50
2.50
2.55
3.00
2.50
2.50
2.50
3.00
Mar
Mar
Mar
Mar
4
11
18
25
1.38
(3)
4.25
3.25
2.25
3.00
2.06
&
2.00
4.25
2.75
4%
3.00
&
Apr. 1
Apr. 8
Apr. 15
Apr 22
Apr. 29
3.13
3.00
2.75
2.25
2.25
2.00
1.50
.88
.56
.50
2.25
1.50
1.00
.1.25
1.25
3.00
1.91
.25
.00
.00
3.00
2.10
1.38
1.00
1.00
May
May
May
May
2.25
2.13
2.13
2.13
.50
.50
.50
.50
1.00
1.13
1.13
1.13
.00
.00
.00
.00
1.00
1.00
1.00
1.00
June 3
June 10
June 17
June 24
2.00
1.88
1.88
1.63
.44
.38
.38
.38
.88
.88
1.00
.88
.00
.00
.00
.00
1.00
1.00
.00
.00
July 1
July 8
July 15
July 22
July 29
1.63
1.63
1.63
1.50
1.50
.38
.38
.50
.50
.50
.63
.75
1.13
1.38
1.38
.00
.00
.00
.00
.00
.00
.00
.00
,00
.00
Aug.
Aug
Aug.
Aug.
1,50
1.50
1.50
1.50
.50
.50
.50
.44
1.38
1.13
1.13
1.00
.00
,00
.00
.00
.00
.00
.00
.00
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
2.00
2.00
2.00
2.00
2.00
.88
.88
.88
.88
.88
.38
,38
.38
.38
.38
1.50
1.50
1.50
1.50
1.50
.50
.50
.50
.50
.50
2.00
2.00
2.00
2.00
.88
.88
.88
1.06
.38
.51)
.50
.75
1.50
1.50
1.50
1.50
.50
.50
1.50
1.50
2.00
2.25
3.38
4.00
4.00
1.25
1.25
2.75
3.25
3.25
2.25
2.50
3.00
3.75
3.75
1.50
1.53
2.13
2.50
2.50
Nov. 7..
Nov. 14
Nov. 21
Nov. 28
4.00
4.13
3.88
3.88
3.25
3.00
2.88
2.94
3.7B
3.751
3.25
3.25
Dec. 5
Dec. 12
Dec. 19
Dec. 26..
3.88
3.88
3.88
3.88
3.00
3.00
3.00
3.00
3.2ft
3.25
3.25
3.5C
_
_
Oct. 3
Oct. 10
Oct. 17
Oct. 24
Oct. 31
_
Renewal
1.13
1.13
1.00
.88
- .63
1.83
.313
.38
.38
Sept. 5.
Sept. 12
Sept. 19
Sept. 26....
New
.75
.75
.63
.50
.50
.88
.88
.88
.88
Aug. 1
Aug. 8
Aug. 15
Aug. 22...
Aug. 29
1932
Stock
Prime
Prime
com- bankers' Exchange
mercial accepttime
paper, ances,
loans,
4 to 6 90 days 90 days
months
Average
rate on
Stock Exchange
call loans!
2.13
2.13
.88
.88
.88
2.00
2.00
2.00
2.00
._
Week ended
Renewal
1931
4
11
18.
25
Prevailing rate on—
Average
rate on
Stock Exchange
call loans2
1932
Oct. 1
Oct. 8
Oct. 15 „
Oct. 22
Oct. 29
Nov.
Nov.
Nov.
Nov.
0)
1.80
3.10
Jan, 2
Jan. 9
Jan. 16....
Jan. 23
Jan. 30
3.88
3.88
3.88
3.88
3.88
3.00
3.00
2.94
2.75
2.75
3.60
3.75
3.75
3,63
3.63
3,21
2.94
2.50
2.50
2.50
3.12
3.10 2.50
2.50
2.50
Feb. 6
Feb. 13
Feb. 20
Feb. 27.
3.88
3.88
3.88
3.88
2.75
2.81
2.81
2.75
3.63
3.63
3.63
3.63
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
Mar. 5
Mar. 12
Mar. 19
Mar. 26
3.63
3.63
3.63
3.63
2.63
2.63
2.50
2.38
3.38
3.25
3.25
2.88
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
Apr. 2
Apr. 9....
Apr. 16.-..
Apr. 23..
Apr. 30
3.63
3.63
3.63
3.38
3.38
2,38
2.13
1.50
1.00
.88
2.88
2.88
2.75
2.13
2.00
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
May
May
May
May
3.38
3.13
3.00
2.88
1,00
1.00
.88
.88
1.88
1.75
1.50
1.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
June 4
June 11
June 18
June 25
2.88
2.75
2.63
2.63
.88
.88
.88
.88
1.50
1,50
1.50
1.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
Sept. 2 .
Sept. 9
Sept. 16
Sept 23
Sept. 30
1.50
1.50
1.38
1.25
1.25
.31
.25
.25
.25
.25
.88
.63
.63
.69
.69
.85
.75
.75
.75
.75
.85
.75
.75
.76
.75
July
July
July
July
July
2
9.
16
23
_
30_.........
2.63
2.63
2.50
2.50
2.50
.81
.75
.75
.75
.75
1.50
1.50
1.50
1.38
1.38
2.50
2.25
2.00
2.00
2.00
2.50
2.25
2.00
2.00
2.00
Oct. 7
Oct 14
Oct. 21
Oct 28
1.25
1.25
1.25
1.25
.25
.25
.25
.25
.69
.69
.69
.69
.75
.75
.75
.75
.75
.75
.75
.75
Aug.
Aug.
Aug.
Aug.
6.....
13
20
27
.
2.38
2.25
2.13
2.13
.75
.75
.75
.75
1.38
1.38
1.38
1.38
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
Nov.
Nov.
Nov.
Nov.
1.25
1.25
1.25
1.25
.25
.31
.38 .
.50
.69
.69
.88
.88
.75
.75
.75
.75
.75
.75
.75
.75
2.13
2.13
2.13
2.13
.75
.75
.75
.75
1.38
1.38
1.38
1.25
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
1.38
1.38
1.38
1.50
1.50
.50
.63
.63
,63
.63
.75
1.00
1.13
1.13
1.00
.75
.82
1.00
1.00
1.00
.75
.80
1.00
1.00
1.00
7
14
21.....
28
Sept. 3...
Sept.10...
Sept.l7....__
Sept. 24...
.
.
For footnotes see end of table, p. 459.
6
13
20
27 -
5
12
19
26
4 .11
18
25
Dec. 2
Dec. 9
Dec. 16
Dec. 23
Dec. 30
458
BANKING AND MONETARY STATISTICS
NO. 121-SHORT-TERM OPEN-MARKET RATES IN NEW YORK CITY,
WEEKLY, 1919-194n-Continued
[Per cent per annum]
Prevailing rate on—
Stock
Prime Prime
com- bankers' Exchange
mercial accepttime
paper, ances,
loans,
4 to 6 90 days 90 days
months
Week ended
Jan. 6
Jan, 13.
Jan, 20
Jan. 27
1934
Average
rate on
Stock Exchange
call loans2
New
Prevailing rate onWeek ended
Prime
Prime
Stock
com- bankers' Exchange
mercial accepttime
paoer, ances,
loans,
4 to 6 90 days 90 days
months
Renewal
1.50
1.50
1.50
1.38
.50
.50
.50
.50
1.00
1.13
1.13
1.13
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
Apr
Apr.
Apr.
Apr.
6
13
20
27
Feb. 3
Feb. 10
Feb. 17...
Feb. 24..,, .. .
1.38
1.38
1.38
1.38
.50
.50
.50
.50
1.13
,88
.88
.88
1.00
1.00
1.00
,1.00
1.00
1.00
1.00
1.00
May
May
May
May
4
11
18
25
Mar. 3 - _ _ _
Mar. 10... ... .
Mar. 17..
Mar. 24...
Mar. 31
_
1.38
1.25
1,25
1.13
1.13
.50
.38
.25
.25
.25
.88
.88
.88
.88
.88
1,00
1,00
1.00
1.00
1.00
1.00
1.00
1.00
1,00
1.00
June 1
June 8
June 15
June 22
June 29.
Apr.
Apr.
Apr.
Apr.
7
14..
21____
28
1.13
1.00
1.00
1,00
.25
.19
.19
.19
.88
.88
.88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
July 6..
July 13
July 20.
July 27
May
May
May
May
5
12. „
19.. ._
26. „
1.00
1.00
1.00
1.00
.19
.19
,19
,19
.88
.88
.88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
.88
.88
.88
.19
.19
.19
,19
.19
.88
.88
.88
.88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1935
Aug. 3.
Aug. 10
Aug. 17
Aug. 24
Aug. 31
_
June 2 _ _ .
June 9 .
June 16..
June 23
June 30...
.88
.88 !
.38 !
.31
1.00
1.00
.38
.25
1.00
1.00
.44
.25
.75
.75
.75
.75
.13
.13
.13
.13
.25 i
.25 !
.25 |
.25
.25
.25
.25
.25
.25
.25
.25
.25
,75
.75
.75
.75
.75
.13
.13
.13
.13
.13
.25
.25 j
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.75
.76
= 75
.75
.13
.13
.13
.13
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.75
,75
,75
.75
.75
.13
.13
.13
.13 1
.13
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.75
.75
.75
.75
.13
.13
.13
.13
.25
.25
.25
.25
.25
.25
,25
.25
.25
.25
.25
.25
.75
.75
.75
.75
.13
.13
.13
.13
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.25
.75
.75
.75
.75
.75
.13
.13
.13
.13
.13
.63
1,00
1.00
1.00
1.00
.55
.75
,75
,75
.75
.55
.75
.75
.75
.75
.75
.75
.75
.75
.13
.13
.13
.13
1.00
1.00
1.00
1.00
.75
.75
.75
.75
.75
.75
,75
.75
.75
.75
.75
.75
,13
.13
.13
.13
1.00
1.00
1.00
1.00
J&
.75
.75
.75
.75
.75
.75
.._„
.75
.75
,75
.75
.75
.13
.13
.13
.13
.13
1.00
1.00
1.00
1.00
1.00
7&
.?&
.75
.11
.7ft
.75
.75
.75
.75
.75
Mar. 7
Mar. 14
Mar. 21 . _ _ _ „
Mar. 28
.75
.75
.75
.75
.13
.13
.13
.13
1.00
1.00
1.00
1.00
.7K
.7S
.75
.7Ji
.75
.75
.75
.75
.75
.75
.75
.75
.13
.13
.13
.13
1.00
1.00
1.00
1.00
.75
.75
.75
.75
.75
.75
,75
.75
.75
.75
.75
.75
.75
.13
.13
.13
.13
.13
1.00
1.00
1.25
1.25
1.25
.7,5
.75
1.00
1.03
1.03
.75
.75
1.00
1.00
1.00
.75
.75
.75
.75
.13
.13
.13
.13
1.25
1.25
1.25
1.25
1.03
1.03
1.03
1.03
1.00
1.00
1.00
1.00
„, ,
. .
„„
„„
.
Sept. 7
Sept. 14
Sept. 21
Sept. 28
.88
.88
.88
.88
,19
.19
.19
.19
-.88
.88
.88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
Oct. 5
Oct. 12
Oct. 19
Oct. 26
Aug.
Aug.
Aug.
Aug.
4
11 ...
18. _. .
25. _
.88
.88
.88
.88
.19
.19
.19
.19
.88
.88
.88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
Sept. 1...
Sept. 8.... ...
Sept. 15..
Sept. 22... .
Sept. 29 .
.88
.88
.88
.88
.88
.19
.19
.19
.19
.19
.88
.88
.88
.88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
Nov.
Nov.
Nov.
Nov.
Nov.
Oct. 6
Oct. 13
Oct. 20...
Oct. 27
.88
.88
.88
.88
,19
.19
.19
.16
.88
.88
.88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
Nov. 3
Nov. 10..
Nov. 17 .
Nov. 24
'.88
.88
.88
.88
.13
.13
,13
.13
.88
.88
.88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
Dec. 1 . .
Dec, 8 „
Dec. 15
Dec. 22,..
Dec. 29..
.88
.88
.88
.88
.88
.13
.13
.13
.13
.13
.88
.88
.88
.88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
.88
.88
.75
.75
.13
.13
.13
.13
.88
.88
.88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
Apr. 4.
Apr. 11
Apr. 18
Apr. 25
Feb. 2
Feb 9
Feb. 16...
Feb. 23
.75
.75
.75
.75
.13
,13
.13
.13
,88
.88
,88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
Mar. 2
Mar 9
Mar 16
Mar. 23
Mar 30
.75
.75
.75
.75
.75
.13
.13
.13
.13
.13
.88
.88
.88
.88
.88
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
May 2
May 9
May 16
May 23
May 30
For footnotes see opposite page.
Kenewal
.13
.13
.13
.13
7
14
21...
28
1935
New
.75
.75
.75
.75
July
July
July
July
Jan. 5 _._
Jan. 12
Jan. 19
Jan 26
Average
rtjte on
Stock Exchange
call loans2
._ . ,.
2
9
16... . .
23
30
Dec. 7
Dec. 14
Dec. 21
Dec. 28
Jan. 4
Jan. 11
Jan. 18
Jan. 25
Feb. 1..
Feb. 8
Feb. 15
Feb. 22
Feb. 29
June 6
June 13
June 20
June 27
1936
.....
....
.....
..
.25
i
;
.7£>
MONEY RATES AND SECURITY MARKETS
459
NO. 121-SHORT-TERM OPEN-MARKET RATES IN NEW YORK CITY,
WEEKLY, 1919-1941l-Continued
[Per cent per annum]
Prevailing rate onWeek ended
1936
Stock
Prime
Prime
com- bankers' Exchange
time
mercial acceptpaper, ancea,
loans,
4 to 6 90 days 90 days
months
Prevailing rate on —
Average
rate on
Stock Exchange
call loans^
New
Renewal
Oct.
Oct
Oct.
Oct.
Oct.
2
9
16 .
23...
30 .
1937
.13
.13
.13
.19
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
.00
.00
.00
.00
Aug. 1
Aug. 8
Aug. 15
Aug 22
Aug. 29 .
.75
.75
.75
.75
.75
.19
.19
.19
.19
.19
1.25
.1.25
1,25
1.25
1.25
1.00
1.00
1.00
1.00
1.00
.00
.00
.00
.00
.00
Sept 5
Sept. 12
Sept 19
Sept 26
.75
.75
.75
•75
.19
.19
.19
.19
1.25
1.25
1.25
1.25
1.00
1,00
1.00
1.00
.00
.00
.00
.00
Oct. 3
Oct. 10
Oct. 17
Oct. 24
Oct 31
.75
.75
.75
.75
.75
.19
.19
.19
.19
.19
1.25
1.25
1.25
1.25
1,25
1.00
1.00
1.00
1.00
1.00
.00
.00
.00
.00
.00
Dec. 4 .
Dec. 11. . .
Dec. 18
Dec. 25. .
1938
Jan. !„_
Jan. 8
Jan. 15
Jan. 22
Jan. 29_.
Nov 7
Nov. 14
Nov 21
Nov. 28
.75
.75
.75
.75
.19
.19
.19
.19
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
.00
.00
.00
.00
Feb. 5...
Feb. 12
Feb. 19.
Feb. 26
Dec. 5
Dec 12
Dec. 19
Dec. 26
.75
.75
.75
.75
.19
.19
.19
.19
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
.00
.00
.00
.00
Mar.
Mar.
Mar.
Mar.
.75
.75
.75
.75
.75
,19
.19
.22
.25
.25
1.25
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
1.00
:00
.00
.00
.00
.00
Feb. 6
Feb 13
Feb. 20
Feb. 27.
.75
.75
.75
.75
.31
.31
.31
.31
1.25
1,25
1.25
1.25
1.00
1.00
1.00
1.00
.00
.00
.00
.00
Mar 6
Mar. 13
Mar 20
Mar. 27
,75
.75
.75
.88
.31
.31
.38
.56
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
.00
.00
.00
.00
Apr. 3
Apr. 10
Apr 17
Apr 24
1.00
1.00
1.00
I.OQ
.56
.56
.56
.56
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
.00
.00
.00
.00
May 1
May 8
May 15
May 22
May 29
1.00
1.00
1.00
1.00
1.00
.56
.56
.50
.50
.50
1.25
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
1.00
,00
,00
.00
.00
,00
June 5
June 12
June 19
June 26.
1.00
1.00
1.00
1.00
.50
.50
.50
.44
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
.00
.00
.00
.00
JulyS
July 10
July 17
July 24
July 31
1.00
1.00
1.00
1.00
1.00
.44
.44
.44
.44
.44
1.25
1.25
1.25
1.25
1.25
1.00
1.00
1:00
1.00
1.00
.00
.00
.00
.00
.00
Aug. 7
Aug. 14
Aug. 21
Aug. 28
1.00
1.00
1.00
1.00
.44
.44
.44
.44
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
.00
.00
,00
.00
1.00
1.00
1.00
1,00
.44
.44
.44
.44
1.25
1.25
1.25
1.25
1.00
1.00
1,00
1.00
.00
.00
.00
.00
Jan. 2
Jan 9
Jan. 16
Jan 23
Jan. 30
1937
.
New
Renewal
Nov. 6
Nov. 13
Nov. 20
Nov. 27
.00
.00
.00
.00
.00
_.
_.
5
12..
19..
26
Apr. 2
Apr. 9
Apr. 16
Apr.23
Apr. 30...
. ..
1.25
1.25
1.25
1.25
1.25
1.00
1.00
.00
.00
.00
1.00
1.00
.00
.00
.00
.00
.00
.00
.00
.44
.44
.44.44
1.25
1.25
1.25
1.25
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
_.
.44
.44
.44
.44
.44
.44
.44
.44
.44
1.25
1.25
1.25
1.25
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.44
.44
.44
.44
.44
1.25
1.25
1.25
1.25
1.25
.00
.00
.00
.00
1.00
.00
.00
.00
.00
.00
1.00
1.00
1.00
1.00
.44
.44
.44
.44
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
.00
.00
.00
.00
1.00
.88
.88
.88
.75
.75
.75
.75
July 4
July 11
July 18
July 25
Stock
Prime Prime
com- bankers' Exchange
mercial accepttime
paper, ances,
loans,
4 to 6 90 days 90 days
months
Week ended
Average
rate on
Stock Exchange
call loans^
.44
.44
.44
.44
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
.00
.00
1.00
LOO
.88
.88
.88
.88
.88
.44
.44
.44
.44
.44
1.25
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
May
May
May
May
7
14..._
21...
28
.88
.88
.88
.88
.44
.44
.44
.44
1.25
1.25
1.25
1.25
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
June
June
June
June
4__
11
18
25
.88
.88
.88
.75
.44
.44
.44
.44
1.25
1.25
1.25
1.25
1.00
1.00
.00
.00
1.00
1.00
1.00
1.00
July 2 .
July 9
July 16
July 23
July 30.,
.75
.75
.75
.75
.75
.44
.44
.44
.44
.44
1.25
1.25
1.25
.25
.25
.00
.00
.00
.00
.00
1.00
1.00
1.00
1.00
1.00
.75
.75
.75
.75
.44
.44
.44
.44
.25
.25
.25
.25
.00
.00
.00
.00
1.00
1.00
1.00
1.00
.75
.75
.75
.69
.44
.44
.44
.44
.25
.25
.25
.25
.00
,00
.00
.00
1.00
1.00
1.00
1.00
Oct. 1
Oct. 8
Oct. 15
Oct. 22
Oct. 29
.69
.69
.69
.69
.69
.44
.44
.44
.44
.44
.25
.25
.25
.25
.25
.00
.00
.00
.00
.00
1.00
1.00
1.00
1.00
1.00
Nov.
Nov.
Nov.
Nov.
.69
.69
.69
.63
.44
.44
.44
.44
.25
.25
.25
.25
.00
.00
.00
.00
1.00
1.00
1.00
1.00
.
..
Aug. 6
Aug. 13
Aug. 20
Aug. 27
Sept. 3.
Sept. 10
Sept. 17
Sept. 24
5..
12
19
26
^.
Dec. 3 .
.63
1.00
.44
.00
.25
Dec. 10
.44
.25
.63
1.00
.00
Dec. 17
.63
.00
.44
1.00
.25
Dec. 24
.44
.25
.63
1.00
.00.
Dec. 31
.63
.00
.44
1.00
.25
1939-1941 i
1
During 1939-1941 rates continued unchanged from levels shown at the end of 1938 except for prime commercial paper which was .56 per cent,
January 14-September 9,1939; .69 per cent, September 16-November 11, 1939; .63 per cent, November 18 and November 25, 1939; .56 per cent,
December 2t 1939-June 21, 1941; .50 per cent, June 28-December 13, 1941; .56 per cent, December 20 and December 27, 1941.
2
Weekly average of daily quotations.
8 Bank holiday, markets closed.
Sept
Sept
Sept
Sept
4
ll
18
25
'
BANKING AND MONETARY STATISTICS
460
NO. 122-YIELDS ON SHORT-TERM UNITED STATES GOVERNMENT SECURITIES,
MONTHLY, 1920-1941
[Averages of daily rates except where otherwise indicated. Per cent per annum]
Year
January February
March
April
May
June
July
August September October November Decembei
Yearly
average
3-, to 6- month Treasury notes and certificates
1920 l
4.50
4.50
4.75
5.25
5.50
5.75
5.81
5.83
5.81
5.75
5.75
5.88
5.42
19211
1922. -„.
1923
1924
1925
5.67
3.90
3.66
3.76
2.61
5.30
3.81
3.65
3.54
2.62
5.38
3.55
4.12
3.57
2.78
5.20
3.21
4.13
3.38
2.78
5.16
3.25
3.95
2.99
2.73
4.99
3.25
3.84
2.44
2.86
4.60
3.20
3.91
1.92
3.06
4.75
3.13
3.86
1.90
3.01
4.75
3.34
4.01
2.14
3.17
4.21
3.71
4.22
2.41
•3.53
4.03
3.66
3.94
2.58
3.65
3.90
3.65
3.88
2.57
3.51
4.83
3.47
3.93
2.77
3.03
1926
1927
1928
1929
1930-..,. ...
3.49
3.23
3.31
4.66
3.39
3.18
3.29
3.33
4.39
3.36
3.14
3.20
3.27
4.60
2.95
3.08
3.39
23.62
4.80
3.00
3.17
3.33
=3.90
5.09
2.41
2.93
3.07
=3.92
4.80
1.89
3.11
2.96
4.12 .
4.55
1.83
3.27
2.70
4.36
4.70
1.53
3.42
2.68
4.57
4.58
1.77
3.58
3.08
4.70
4.37
1.74
3.35
3.04
4.26
3.47
1.40
3.07
3,17
4.26
3.03
1.48
3.23
3.10
3.97
4.42
2.23
1931
1932
1933
1.24
2.48
.07
1.06
2.42
.01
1.38
2.25
1.34
1.49
1.11
.45
.88
.31
.29
.55
.34
.07
.42
.14
.01
.45
.03
.04
1.70
(3)
.09
1.77
0)
.22
2.41
.04
.29
1.15
.78
.26
___„_._
.41
.22
.19
Treasury bills (average rate on new issues offered within period)
1929
1930
3.276
2.933
3.306
1.313
.767
.565
.179
.169
1.014
- .428
.418
.138
.145
.631
.408
.267
.070
.128
.485
.417
.367
.072
.065
.598
.440
.211
.198'
.101
1.217
.233
.102
.270
,214
2.468
,176
,157
.208
.189
2.225
,181
.419
.217
.135
3.253
.085
.695
.143
.089
1.402
.879
.515
.256
.137
.209
.104
.007
.010
.143
.447
.053
.023
.014
1.960
1.726
.949
2.681
.207
.670
.136
1.207
2.655
.485
.628
.114
1936
1937
-_
1938
1939-,
1940,,. _ _ _ _ _ _ _ _ _ _ _
.099
.360
.099
.002
<»)
.081
.384
.084
.004
.004
.113
.583
.074
.005
(3)
.099
.696
,083
.019
.003
.182
.647
.027
.006
,042
.226
.561
.023
.006
.071
.141
.492
.053
.017
.009
.182
.519
.047
.058
.019
.155
.530
.096
.101
.021
.132
.343
.023
.028
0)
.095
.145
.024
.018
.003
1941
(3)
.034
.089
.092
.082
.089
.097
.108
.055
.049
.242
.298
.103
1931
1932
1933
1934
1935
_-
1.465
2.079
2.289
.273
.154 .
2.544
(')
Treasury bills (dealers' quotations on 3-month bills)
1934
1935
.72
.20
.62
.19
.24
.15
.15
.15
.16
.15
.15
.15
.15
.15
.19
.16
.21
.20
.27
.20
.25
.16
.23
.15
.28
.17
1936
1937
1938,. .
1939
1940
.20
.17
.10
.03
.01
.20
.15
.08
.03
.02
,20
.38
.08
.03
.02
.20
.56
.09
.03
.02
.20
.41
.05
.03
.06
.20
.36
.05
.03
.10
.15
.28
.07
.04
.05
.20
.29
.06
.05
.04
.16
.31
.08
.14
.05
.13
.20
.05
.05
,02
.11
.09
.04
.05
.02
,12
.11
.03
.04
.02
.17
.28
.07
.05
.04
1941
.02
.04
.11
.10
.11
.12
.12
.13
.10
.09
.28
.33
.13
3- to 5-year tax-exempt Treasury notes
1932
1933
1934
1935
2.40
3.11
1.6Q
2.54
2.80
1,42
3.09
2.44
1.21
2.90
2.07
1.20
2.68
.1.92
1,12
2.52
1.72
1.15
2.49
1.57
1.15
3.00
2.48
1.74
1.21
2.95
2.31
2.26
1.46
2.77
2.31
2.00
1.37
2.77
2.98
1.99
1.29
2.56
3.2£
1.78
1.2&
2.66
2.12
1.29
1936
1937
1938
1989. - 1940.
1.21
1.18
1.13
.65
'.47
1.15
1.22
1.09
.63
.46
1.10
1.44
1.01
.51
.42
1.10
1.59
.94
,50
-45
1.09
1.48
.77
.42
.65
1.13
1.54
.67
.39
.76
1.17
1.44
.70
.45
.57
1.12
1.45
.71
.48
.58
1.09
1.50
.82
1.07
.48
1.12
1.42
.68
.77
.43
.99
1.31
.71
,64
.34
1.0*
1.27
.6?
.51
.35
1.11
1.40
.83
.59
.50
.43
.55
.50
.52
.44
.38
.37
.33
.34
.41
.57
.6*
.46
.62
.72
.90
1,02!
1941
3- to 5-year taxable Treasury notes
*M
1940
.70
1941
1
3
8
.81
.84
.81
.72
.68
.67
.62
Average of daily yields for week nearest the 15th of the month.
Based in part on certificates with maturities of 6 to 9 months.
Negative yield.
* Taxable Treasury notes were first issued in December 194Q.
NOTE.—For yields on United States Government bonds, see Tables 128 and 129, pp. 468-74.
.76
MONEY RATES AND SECURITY MARKETS
461
NO. 123-YIELDS ON SHORT-TERM UNITED STATES
GOVERNMENT SECURITIES, WEEKLY, 1934-1941
[Averages of daiily rates except where otherwise indicated. Per cent per annum]
Treasury bills
3- to
3- to
New
5-year
issue 3-month 5-year
3-month
New issues offered
tax
tax
Week ended
offered dealers'
Week ended
1
dealers' exempt
within week
within quota- exempt
quota- Treasury
Treasur
weeki
tions
tions
notes
notes
3 month | 6 month ) 9 month
9 month
1935
1936
.70
3.14 May 4
1.12 Sept. 5 „
.622
.152
.15
.80
3.25 May 11
.143
1.13 Sept. 12.. .
.670
.15
.65
3.06 May 18
1J2 Sept. 19
669
. .146
.15
.74
3.07 May 25 . _
1.13 Sept. 26 . ..
717
.137
.15
Treasury bills
Week ended
1934
Jan 6
Jan. 13
Jan 20
Jan 27
Feb
Feb
Feb
Feb
.656
.662
575
3
10
17
24
.942
.988
.70
.70
.67
.54
.617
.434
2.88
2.78
2.83
2.81
2.77
2.58
2.38
2.34
2.27
Mar 3
Ma.r. 10
Mar 17
Mar 24
Mar 31
.089
.080
.077
.190
.194
.4,2
.32
.23
.14
.15
Apr.
Apr.
Apr
Apr
7
14
21
28
.073
.079
.078
.074
.182
.187
.185
.162
.li)
.15
.li>
.15
2.10
2.00
2.13
2.07
May 5
May 12
May 19
May 26
.068
.063
.058
.146
.140
.127
.1,'i
.16
.!«
.IS
2.01
1.93
1.92
1.89
June 1.
June 8
June 15
June 22
June 29
, .
Treasury bills
3- to
New
issue 3-month 5-year
tax
offered dealers'
within quota- exempt
Treasury
week1
tions
notes
9 month
.130
.146
.156
.186
.16
.16
.16
.16
1.07
1.07
1.09
1.12
,162
.141
.124
.120
.115
.18
.16
.12
.12
.10
1.12
1.11
1.12
1.12
1.13
..
.106
.101
.084
.088
.11
.11
.11
.11
1.07
1.01
.96
.95
__
.092
.117
.225
.294
.10
.10
.10
.15
.94
.94
1.07
1.15
1937
Jan. 2
Jan. 9 „
Jan. 16
Jan. 23
Jan. 30
.316
.333
.345
.361
.401
.18
.18
.18
.15
.15
1.13
1.17
1.19
1.19
1.20
Feb. 6
Feb. 13
Feb. 20
Feb. 27
.373
.373
.386
.402
.16
.15
.15
.15
1.19
1.20
1.24
1.26
.454
.525
.711
.643
.25
.25
.37
.55
1.30
1.40
1.50
1.50
.149
.148
.134
.123
.107
.15
.15
.15
.15
.15
1.14
1.15
1.12
1.18
1.17
Oct. 3. .
Oct. 10
Oct. 17
Oct. 24 -_
Oct. 31
July 6. _
July 13
July 20
July 27
.080
.052
.057
.071
.15
.15
.15
.15
1.16
1.16
1.15
1.15
Nov. 7
Nov. 14
Nov. 21
Nov. 28..
Aug.
Aug.
Aug.
Aug.
Aug.
3
10
17
24
31
.070
.073
.082
.127
.151
.15
.15
.15
.15
.20
1.13
1.15
1.16
1.22
1.37
Dec. 5
Dec. 12
Dec. 19
Dec. 26. .
Sept. 7
Sept. 14
Sept 21
Sept. 28
.176
.198
.228
.253
.20
.20
.20
.20
1.38
1.40
1.55
1.49
.,
„
June 2
June 9
June 16
June 23
June 30
.074
,067
.070
.IB
.15
.15
.15
.15
1.82
1.74
1.71
1.72
1.68
Oct. 5
Oct. 12
Oct. 19
Oct. 26
.233
.205
.177
.169
.20
.20
.20
.20
1.48
1.42
1.33
1.30
July 7
July 14
July 21
July 28
.068
.069
067
.085
.15
.15
.15
.15
1 62
1.56
1.53
1.55
Aug.
Aug
Aug.
Aug
4
11
18
25
.115
248
.227
219
.15
.16
.24
.20
1.60
1.72
1.73
1.80
Nov
Nov
Nov
Nov
Nov
.161
.143
.142
.131
.124
.20
.20
.15
.15
.15
1.32
1.27
1.29
1,28
1.29
Mar,
Mar.
Mar.
Mar.
1.85
2.07
2.32
2.35
2.33
1.26
1.24
1.27
1.24
Apr. 3 __
Apr. 10...,
Apr. 17 f
Apr. 24.
.661
.667
.701
.715
.20
.20
.20
.20
.25
.15
.15
.15
,15
.58
.65
.60
.48
181
.226
282
.286
.284
.108
.087
.080
.080
1.57
1.65
1.60
1.54
Sept. 1
Sept. 8
Sept 15
Sept. 22
Sept. 29. ...
Dec. 7
Dec. 14
Dec. 21
Dec. 28
.30
.28
.25
.25
2.24
2.05
1.88
1.88
.20
.20
.20
.20
1.23
1.21
1.18
1.22
May ! _ _ _ _
May 8 .
May 15..
May 22.
May 29..
.738
.723
.685
.617
.562
1.52
1.49
1.48
1.47
1.46
236
.209
198
.189
.107
.100
.093
.098
.45
.47
.42
.38
.35
Get 6
Oct. 13
Oct 20
Oct. 27
1936
Jan. 4
Jan. 11
Jan. 18 .
Jan. 25
1.99
2.03
1.97
1.96
1.22
1.19
1.16
1.13
1.11
June 5
June 12,. _
June 19
June 26.
.545
.572
.578
.619
1.49
1.52
1.56
1.57
.25
.25
.25
.25
.20
.20
.20
.20
.20
.35
.36
.39
.35
.212
.220
208
.226
.095
.087
.078
.074
.084
,.
Nov. 3
Nov. 10
Nov. 17
Nov 24
Feb. 1.
Feb, 8
Feb. 15
Feb. 22
Feb. 29
Dec. 1
Dec. 8
Dec 15
Dec. 22
Dee. 29
,219
198
155
.116
.101
.25
.25
.25
.20
.20
1.97
1.84
1.78
1.74
1.73
Mar. 7
Mar. 14
Mar. 21
Mar. 28
.104
.104
.118
.126
.20
.20
.20
.20
1.05
1.08
1.13
1.12
JulyS..
July 10... ...
July 17...
July 24
July 31,.
.490
.514
.502
.485
.467
.34
.30
.30
,27
.24
1.55
1.50
1.45
1.41
1.38
.113
.100
.093
.089
.20
.20
.20
.20
1.12
1.11
1.09
1.09
Aug.
Aug.
Aug.
Aug.
7.
14..
21
28.
.478
.459
.524
.615
.26
.25
.26
.34
1.38
1.39
1.44
1.53
1935
Jan, 5.
Jan. 12
Jan 19
Jan. 26
Apr. 4
Apr. 11 . .
Apr. 18
Apr. 25
.116
.145
145
.136
.20
.20
.20
.20
1.69
1.64
1.64
1.53
1.54
1.57
1.47
1.46
Oct. 2
.166
1.52
1.51
1.46
1.33
.19
.20
.20
.22
.17
1.45
1.41
1.42
1.46
1.41
.15
.15
.15
.15
.15
1.24
1.20
1.19
1.25
1.22
.436
.429
.362
.261
.226
.147
.141
.147
.180
.157
Nov. 6
Nov. 13.......
Nov. 20
Nov. 27
.201
.143
.117
.119
.11
.08
.08
.09
1.34
1.32
1.28
1.30
Apr. 6
.176
Apr 13
.176
Apr. 20
.169
Apr. 27
«..
.153
For footnotes see end of table, p. 462.
.15
.15
.15
.15
1.21
1.23
1.20
1.17
1.10
1.11
1.09
1.07
1.09
1.07
1.09
1.16
1.18
1.17
1.14
1.18
1.19
1.16
1.14
1.13
1.12
1.09
.45
.45
.29
.22
.20
.20
.20
.20
.20
.20
.20
.20
.20
.20
.20
.20
.20
.16
.15
.15
.15
.15
.20
.20
.20
.20
.711
.584
.441
.384
.120
.110
.117
.108
.125
.188
.181
.200
.218
.230
.242
.240
.191
.067
.071
.115
.224
.230
.213
.194
.170
.149
Sept, 4
-„
Sept. 11. _ _ _ _ _ _
Sept. 18... ..
Sept. 25
Feb.
Feb.
Feb.
Feb.
May 2. .
May 9
May 16
May 23May 30
June 6
June 13
J uno 9A
June 27
July 4
J i l l V 11
Dec. 4.
Dec. 11
Dec. 18...
Dec. 25_..__...
.129
.124
.102
.101
.11
.12
.11
.09
1.31
1.27
1.28
1.26
2
9
16.
23.
..
Mar.2_________
Mar. 9
Mar. 16
Mar. 23
Mar. 30
.100
.094
.094
.109
2
9
16
23
30 ...
July 18
.
.
J n l v 9^
Aug. 1
Aug. 8.. . ..
Aug. 15
Aug. 22_.
Aug. 29
..
6
13..
20.
27
Oct. 16..
Oct. 23
Oct 30
._
BANKING AND MONETARY STATISTICS
462
NO. 123-YIELDS ON SHORT-TERM UNITED STATES
GOVERNMENT SECURITIES, WEEKLY, 1934-1941-Continued
Week ended
Jan 1
Jan. 8
Jan. 15
Jan 22
Jan. 29
1938
Feb. 5
Feb. 12
Feb. 19..
Feb. 26
Mar. 5
Mar. 12
Mar. 19
Mar. 26
-
[Averages of daily rates except where otherwise indicated.
Treasury bills
Treasury bills
3- to
3- to
New
New
5-year
issue 3-month
issue 3-month 5-year
tax
tax
offered' dealers'
offered dealers'
Week ended
within quota- exempt
within quota- exempt
1
1
?reasury
treasury
week
week
tions
tions
notes
notes
3 month
3 month
1939
1.22 May 6
.009
.065
.11
.03
.47
,097
1.18 May 13., .
.03
.005
.10
.45
1.12 May 20
.111
.005
.11
.03
.40
.103
1.08 May 27
.004
.10
.C3
.40
1.14
.084
.10
.004
.03
.37
June 3
1.12 June 10
.080
.004
.07
.03
.36
.078
.003
.08
1.13 June 17- .
.03
.39
.092
1.08 June 24...
.005
.08
.03
.39
.086
1.05
.09
July 1
.014
.03
.43
.012
.073
1.00 July 8 .
.07
.03
.47
.070
.98 July 15
.015
.07
.04
.45
.067
1.03 July 22._..
.07
.04
.44
.019
.022
.087
1.01 July 2£
.08
.04
.43
Aug. 5
Aug. 12..
Aug. 19
Aug. 26
.032
.032
.042
.076
.82
.79
.75
.72
Sept. 2
Sept. 9..
Sept. 16..
Sept. 23
Sept. 30
.108
.159
.125
.082
.036
.05
.05
.05
.04
.67
.65
.66
.68
Oct. 7 _
Oct. 14
Oct. 21 ,
Oct. 28
.023
.038
.054
.059
.062
.04
.06
.06
.07
.07
.68
.69
.69
,72
.70
Nov. 4
Nov. 11
Nov. 18...
Nov. 25
.044
.047
.048
.047
.07
.06
.06
.06
.70
.70
.71
.72
.139
.146
.061
.037
.033
.11
.14
.13
.05
.04
1.06
1.07
1.01
.82
.83
May?
May 14
May 21
May 28
.029
.027
.025
.025
.06
.06
.05
.04
June 4.
June 11.. _ „ _ _ _ „
June 18
June 25.. ........
.040
.027
.016
.011
July 2 _ _ _ _ .
July 9
July 16...
July 23
July 30 .
Aug. 6
Aug. 13
Aug. 20
Aug. 27
Apr. 2
Apr. 9
Apr 16
Apr. 23
Apr. 30
. ....
.....
.04
.04
.04
.06
.42
.43
.43
.53
.09
.20
.17
.13
.08
.68
1.18
1.12
1.09
.99
.022
.033
.027
.028
.05
.05
.05
.05
.95
.86
.70
.65
.017
.020
.018
.015
.05
.05
.05
.05
.69
.68
.63
.60
'
Per cent per annum]
Week ended
1940
Sept. 7
Sept. 14
Sept. 21..
Sept. 28
Treasury bills
3- "o 5-year
New
Treasury
issue 3-month
notes
offered dealers'
within quotaweeki
Tax- Taxable *
tions
exempt
3 month
.038
.032
.013
.000
.05
.05
.04
.04
.50
.50
,£0 ....
.45
( 66>
( )
(6)
(5)
.04
.02
.02
.02
.45
.45
.43
Al
Nov. 2
Nov. 9
Nov. 16.
Nov. 23
Nov. 30
.002
.003
.003
,004
.002
.02
.02
.02
.02
,02
.40
M
.82
.32
M
Dec. 7
Dec. 14,
Dec 21
Dec. 28
1941
Jan 4
Jan. 11
Jan. 18 „
Jan 25
.001
C66 )
.02
.02
.02
.02
,;i7
.a?
.02
.02
.02
.02
.40
.43
.41
.43
.69
.75
.75
.76
.000
.007
.043
.02
.02
.02
.03
.47
.,54
.60
.,58
.79
.80
.82
.81
.086
.120
.117
.065
.055
.09
,12
.14
.11
.08
.48
.52
.,50
.49
.50
.81
.86
.84
.83
.84
Oct. 5
Oct. 12
Oct. 19
Oct. 26_
Feb. 1
Feb. 8
Feb. 15
Feb. 22
Mar. 1
Mar. 8 ..
Mar. 15
Mar. 22. .
Mar 29
.
()
<*>
(66)
C
(*>)
(6)
(5)
..
.34 ._.._
.33
.65
.65
Deo. 2
.016
.05
.60 Apr 5
.079
.08
.52
Dec. 9
.019
.05
.56 Apr. 12
.093
.10
.54
Dec. 16
.018
.04
,50 Apr 19
.097
.11
.55
Dec. 23...
.04
.49 Apr. 26
.007
.097
.12
.51
Dec. 30
.04
.47
<6>
1940
MayS
.12
.096
.49
6
Sept. 3
.74 Jan. 6
.049
.44 May 10 '
.06
.00
.069
.12
.47
(6)
.103
.74' Jan. 13..
Sept. 10
.46 May 17
.06
.00
.070
.10
.44
( )
Sept. 17
.106
,87 Jan. 20
.09
.001
.02
.49 May 24
.069
.10
.41
.004
.142
Sept. 24
.85 Jan. 27
.08
.02
.48 May 31
.107
.10
.41
.032
Oct. 1.
__„
.10
.85 Feb.3_.._
.001
.02
.48 June 7..
.100
.13
.38
.022
.67 Feb. 10
Oct. 8... _ _ „ . _ _ „
.05
.005
.02
.47 June 14_=
_
.103
.13
.37
Oct. 15
.018
.66
.05
.006
.02
.46 June 21
.066
.12
.40
.026
.04
Oct. 22..
.67 Feb. 24
.005
.02
.46 June 28....
.086
.10
.39
.027
Oct. 29..
.69
.04
.02
.43 July5..._.
.000
Mar. 2
.097
.10
.38
.022
Nov. 5
.69 Mar. 9
.04
.02
.42 July 12...
(•)
.097
_.
.12
,39
.027
Nov. 12......:...
.71 Mar. 16...
.04
.02
.42
(6)
.098
.12
.37
.026
Nov. 19.....
,73 Mar, 23
.04
.43 July 26.,
.02
(s)
.094
.12
,35
Nov. 26.....
.72 Mar. 30.....
.021
.04
.000
.41
.02
.017
.04
Dec. 3.. _ _ _ . . _
.68 Apr 6
.106
.12
,33
.000
.02
.39 Aug. 2 _ _ _ _ _
.013
.65 Apr 13
Dec. 1Q..__
.03
.114
.12
33
.02
.45 Aug. 9
.001
.006
.69 Apr 20
Dec. 17...........
.03
.116
.13
34
.004
.02
'.48 Aug. 16.......
5
Dec. 24. .
.02
.69 Apr 27
.114
.13
C6)
33
.007
.02
.49 Aug.23_._._
Dec. 31.
.02
.66
Aug 30
.090
.13
C)
.32
1939
.008
May 4
.02
.45
Jan. 7
.68 May 11
.03
.016
.03
.48 Sept 6
.071
.11
(')
.31
.001
Jan. 14..
.67 May 18
.032
.03
.06
.70 Sept 13
.050
.10
.32
.007
Jan. 21
.03
.63 May 25
,067
.08
.77 Sept 20
.037
.10
.36
.002
.64
Jan. 28..
.03
Sept. 27,.
.062
.08"
.38
.089
.10
.83
.004
.118
.
Feb. 4.
.03
.63 June 8.
.84 Oct. 4 '^
.11
.002
.11
.38
.005
.64 June 15
.095
Feb. 11
.03
.12
.80 Oet 11
.001
.07
.39
.004
.63 June 22
.046
Feb. 18
.03
,72 Oct 18
.09
.024
.06
.41
.004
.63 June 29..
.024
Feb. 25...:. . _ _ _ . .
.03
.08
.67 Oct. 25
.067
.06
.41
Mar. 4
.000
.03
.56 July 6
.
.017
.08
.61 Nov 1
.151
.15
.45
Mar. 11
.002
.008
.03
.49 July 13 .
.05
.56 Nov 8
.200
.25
,48
Mar. 18. . ......
.003
.53 July 20,...
.006
.03
.04
.56 Nov. 15
.258
.28
.57
.004
.003
.52 July 27 __
Mar. 2 5 - .
.03
.04
.57 Nov 22
.267
.30
.63
.242
Nov. 29.. _
_.
.30
.60
Apr 1
.004
.03
.016
.49 Aug 3
.04
.58
Apr. 8
.025
.49 Aug. 10...
.007
.03
.04
.59 Dec. 6
.293
.30
.61
.023
.03
.51 Aug. 17 _
.021
Apr. 15
... .
.04
.60 Deo. 13_.___.
.295
.38
.68
Apr. 22
.028
.016
.03
.50 Aug. 24
.05
.58 Dec 20
«.295
.35
.64
.012
.48 Aug. 31
.036
Apr. 29
.
.03
.05
.54 Dec. 27.........
6.310
.35
.64
1
Average rate on new isaue offered within week.
* Taxable Treasury notes were first issued in December 1940
2
Bills maturing about March 16, 1938.
« Negative rate.
3
8
Three-month bills
Bills maturing about March 16, 1942.
NOTE.—For yields on United States Government bonds, see Tables 128 and 129, pp. 468-74.
"
.86
.86
.82
.77
.74
.73
.73
,72
.71'
.70
.67
.68
.68
.67
.68
.68
.68
.63
.63
.64
.61
.60
.58
.58
.63
.65
.66
.69
,72
.73
.78
.85
.90
.93
.94
.98
1.05
1.02
1.04
MONEY RATES AND SECURITY MARKETS
463
NO. 124-RATES CHARGED ON CUSTOMERS' LOANS BY BANKS IN PRINCIPAL CITIES,
MONTHLY, 1919-19291
[Weighted averages. Per cent per annum]
Northern Southern
and
and
Eastern Western
cities
cities
Total
leading
cities
New
York
City
1919
1920
5 73
6.58
5 51
6.25
5.73
6.74
6.00
6.75
1921
1922
1923
1924
1925
6 68
5 53
5 52
5 10
4 98
6.34
5 07
5.19
4 60
4 47
6.76
5.48
5.50
5 11
4.98
6.99
6 14
5.94
5 71
5 58
.
5 08
4,96
5 38
6 02
4 67
4.53
5 15
5. 88
5.06
4.88
5.34
6.04
5 61
5.60
5 70
6.14
1919—January
February
March
April
May
June
July
August
September
October
November
December
5 80
5 67
5 70
5 75
5 65
5 67
5 73
5 72
5 72
5 77
5 75
5 84
5
5
5
5
5
5
5
5
5
5
5
5
54
36
46
56
43
45
49
49
49
63
56
61
5.79
5 67
5.66
5.72
5.59
5.70
5.75
5.75
5.76
5.76
5.77
5.86
6.11
6 03
6 02
6 01
6 00
5 91
5 98
5 94
5 93
5 96
5 95
6 10
1620—January
February
March
April
May
June..
July
August...
September
October
November
December
6 02
6.13
6 24
6 43
6 47
6.63
6 81
6.79
6 87
6 87
6 93
6 79
5 93
6 00
6 00
6.09
6 00
6.00
6 43
6.36
6 57
6 57
6 71
6 36
5.99
6.15
6.32
6.68
6.79
6.98
7.01
7.01
6.98
7.00
7.00
6.97
6 16
6 26
6 43
6 47
6 56
6 88
7 00
6.99
7 07
7 04
7 08
7 07
1921 —January- .
February
March
April
'May. ._ , 1
June
July
August
September
October
November
December
6
6
6
6
6
6
6
6
6
6
6
6
93
94
91
91
89
81
72
60
55
47
32
16
6 71
6 78
6 70
6 64
6.68
6 43
6 21
6 25
6.11
5 93
5 96
5 68
6.99
6.95
6.94
6.99
6.94
6.97
6.93
6.59
6.62
6.65
6.32
6.19
7 10
7 11
7 13
7 12
7 06
7 05
7 04
7 03
6.96
6 85
6 74
6 67
6 02
5 91
5 82
5 67
5 53
5 46
5 46
5 27
5 21
5 24
5 35
5 38
5 50
5 48
5 43
5.46
5.06
4 93
5 16
4.66
4 70
4 74
4 82
4 86
6.08
5.89
5.77
5.46
5.43
5.43
5.31
5.27
5.12
5.20
5.38
5.44
6 56
6 46
6 35
6.22
6 23
6 13
6 04
6 02
5 94
5 89
5 94
5.90
5 32
5 37
5 43
5 56
5 56
5 50
5 55
5 58
5 61
5 61
5.60
5 53
4 82
4 91
4 98
5 32
5 27
5 21
5 29
5 18
5 33
5 37
5,39
5 21
5.34
5.38
5.52
5.49
5.54
5.45
5.47
, 5.64
5.59
5.57
5.51
5,48
5 90
5 91
5 83
5 94
5 92
5 91
5.96
5 98
5 94
5 95
5.99
5 99
Year and month
-.
1926
1927
1928
1929
..
.T
.-
-.
-
._
_.
1922 — January
February
March
April
May.
June .
July
August
September
October
November
December
1923 —January
February
March
April.
...
May
June
July
August
September
October
November
December
1
_. , .
.
.
For a description of this table see pp. 426-27.
Total
leading
cities
New
York
City
5.56
5.42
5 41
5.36
5 29
5.12
95
.78
.84
.88
.78
4 86
5.21
5.07
5 06
4.98
4 89
4.64
4 21
4 09
4.20
4.41
4.13
4 29
5 53
5.38
5 37
5 31
5 26
5 12
5 09
4 80
4.87
4 87
4.80
4 87
6 02
5 91
5 89
5 89
5 79
5 69
5 63
5 57
5.55
5 47
5,53
5 53
1925 —January
February
March
April
May
June
July
August .
September
October.
November
December
4 80
4.88
4 97
4 97
4 93
4.93
4 95
4.95
5 03
5.08
5 10
5,13
4.16
4.43
4 53
4.48
4 38
4.36
4 46
4.36
4 57
4.62
4 61
4.70
4 80
4.79
4 89
4.92
4 95
4.95
4 90
4.98
5 04
5.16
5 20
5.17
5 57
5.55
5 61
5 61
5 58
5 59
5 59
5.60
5 55
5.53
5 55
5.61
1 926 — January
February
March
April
May
June . .
July
August..
September
October.
November
December
5.09
5 12
5.10
5 12
5.08
4 96
4.91
4 99
5.13
5.19
5 14
5.16
4.64
4.68
4.62
4.62
4.66
4.58
4.38
4.62
4.81
4.85
4 79
4.79
5.14
5.11
5.15
5.17
5.07
4.87
4.92
4.91
5.08
5.15
5 07
5.09
5.56
5 65
5.62
5.65
5.61
5.55
5.64
5.56
5.60
5.66
5 67
5.68
5.08
5 04
4 99
5.00
5 02
4.99
4 96
4.90
4.89
4.90
4.87
4 91
4.66
4.56
4 56
4.63
4 63
4.60
4.56
4.41
4.44
4.49
4.35
4.50
4.99
4.98
4 88
4.90
4 95
4.93
4.90
4.87
4.77
4,79
4.82
4.76
5.72
5.71
5 65
5.57
5.59
5,54
5.52
5.53
5,61
5.56
5.56
5.60
4.89
4 87
4 94
5 02
5.16
5.35
5.56
5 64
5.75
5.76
5.75
5 82
4.56
4 44
4.59
4 72
4.97
5.09
5.38
5.56
6.63
5.63
5.56
5,63
4.73
4 76
4.81
4 91
5.04
5.36
5.57
5.59
5.80
5.80
5.82
5.91
5.53
5 53
5.54
5.54
5.56
5.67
5.77
5.80
5.82
5.87
5.90
5.91
5.84
5.84
5.91
5 97
6.02
6.03
6 04
6.12
6.19
6 21
6 08
5.94
5.74
5.73
5.81
5 85
5.88
5.93
5 88
6.05
6.06
6.08
5 86
5.74
5.87
5. §6
5.91
6 00
6.09
6.02
6 08
6.11
6.24
6.25
6 12
5.94
5.94
5.96
6,04
6.07
6.10
6.16
6.17
6.22
6.27
6.29
6.29
6.20
Year and month
1924— January.
February...
March
April ...
May
June
.
July
August
September..
October
November
December
.
.
.
1927—January
February
March
April . .
May
June
July
August.
September
October
November
December
1928— January .
February
March
April
May.
_
June
„
July .
August
September ....
October
.
November
December
1929— January
February. .. .
March
April
May
June
July
August
SeptemberOctober .
November
December
.
....
. ...
.
....
_. .
_ _ _ ......
_______
._ _ .
...
.. .
_.
.
.
..
_ _
..
Northern Southern
and
and
Eastern Western
cities
cities
464
BANKING AND MONETARY STATISTICS
NO. 125-RATES CHARGED ON COMMERCIAL LOANS BY BANKS IN PRINCIPAL CITIES,
MONTHLY, JANUARY 1928-FEBRUARY 1939; QUARTERLY, 1939-1941 *
[Weighted averages.
Per cent per annum]
Total
19 cities
New
York
City
7 Northern and
Eastern
cities
11 Southern and
Western
cities
5 17
5.83
4 85
4 96
5.76
4 39
5 16
5.82
4 84
5.41
5.93
5.40
4 30
4.71
4 27
3 45
2.93
3 82
4 20
3 43
2 45
1.76
4 26
4.81
4 46
3 71
3.39
4.90
5.21
5.04
4.32
3.76
2.68
2 59
2,53
2 78
2 63
1.72
1 73
1.69
2 07
2 04
3.04
2 88
2.75
2 87
2 56
3.40
3.25
3.26
3.51
3.38
2 54
1 97
2 55
3.19
4.69
4 65
4 76
4.78
4 89
5 10
5 37
5.43
5 55
5.58
5 56
5.63
4 38
4 25
4 38
4.50
4 63
5 25
5 38
5 50
5 50
5 38
5.50
4.52
4 59
4.74
4.69
4,87
5 12
5.39
5.42
5.62
5.64
5.66
5.70
5.25
5.18
5.23
5.2S
5.22
5 34
5.50
5.51
5 52
5.59
5 64
5.70
5.64
6 62
5 69
5 77
5 81
5.87
5 85
5.99
6 05
6.06
5 89
5.74
5 50
5 48
5 57
5 72
5 76
5 79
5 80
6 03
6 09
6 11
5 70
5 54
5.70
5.64
5 71
5.75
5 79
5.85
5 80
5.92
6 01
5.99
5 93
5.78
5.73
5 77
5 80
5 88
5.97
5 98
6.03
6 04
6.08
6 07
5.93
5.67
5 47
5 29
6 02
4 90
4 82
4 66
4,69
4 50
4.50
4.41
4.37
5 43
5 10
4 91
4 61
4 44
4 28
4 22
4 14
4 00
3 92
3 79
3.82
5.72
5.55
5 30
4.98
4 93
4.89
4 53
4.47
4 44
4.49
4.38
4.38
5.90
5 80
5 73
5 56
5 42
5.36
5 31
5.25
5 15
5.18
5 17
5.01
4.29
4 36
4.26
4 14
4 20
4.14
4.11
4.08
4 30
4.73
4.72
3 74
3 89
3 67
3 67
3 57
3 66
3.70
3 58
3 50
3 82
4.55
4 48
4.23
4 31
4.29
4 22
4 19
4 15
4.08
4.10
4.09
4.30
4.53
4.60
5 01
4 96
4 90
4 93
4 74
4 89
4.72
4.75
4.76
4.85
5.18
5.15
4* 86
4 88
4.90
4.85
4 76
4.81
4.72
4.74
4 59
4.56
4 41
4 49
4 51
4 52
4^53
4 46
4 24
4.38
4 22
4 14
3 94
4.01
3 66
3 78
4.86
4 93
4.93
4.89
4.89
4.92
4.80
4.88
4.71
4.68
4 60
4.61
5 26
5 25
5.29
5.25
5.22
5.18
5.20
5.29
5 20
5.07
5 07
5.19
3 62
1933— January
4 39
4.33
3.66
February
5.08
4.79
March
April
4 66
3 94
3.71
May .
4.51
3.51
June
4.41
3.29
4.23
July
_.___._•„„
i For a description of this table see p. 427.
4.53
4.38
5.14
4.88
4.66
4.68
4.50
5.11
5.05
1941— March
___.
5.35
June
...
.
5.25
September
._.„_,
5.27
December...
5.15
4.99
2
Beginning with. March 1939 this series is on a
Year and month
1928
1929
1930
.
...
.. ...
1931
1932
1933
1934
1935
____
1936..
1937
1938,
1939a
1940-
_ ..
1941
.
._„
.
1928 — January
_February
March
April
May
June
July
August
September
October.
November
December _ -
.
1929—January „
February
March
April
May
June.
_
July
August
September
October . . .
November
December _ .
19SQ—January _ _ _ . . . .
February
March
April.
May
June
July
August
September
October
November
December _ _ „ _ _
1931— January
February
March
April.
May
June
-July- . . . . . .
August
September
October
November
December
1932—January
February
March
_ .
April
May
June.,
July
August
September
October
November
December
-_
'
_«.,..
4 24
4 8B
5 86
Total
19 cities
1933 — August
September
October
November
December
1934-— January
February
March
ApriL
May
June _
„____
_ ...
,__,
.
„__. _
July -. .. „
August
September
October
November.
December
......___._..
1935—January
February
March- ...
April
May
June
July
August
September..
October
November. .
December
1936— January
February
March
.
April
May
June
July
August
September,
October
November.
December
1937—January
February
March
„.
April
May.. .
June
July
August
September
October
November..,.
December .
1938— January
February
March
April
Mav
June...-.
July
August
September
October ,
November
December
„_
.„ .
_._
....
-.._
.... , ... „
_„,. _ _ _ _ .
,...._..„.,._.
.,
„
__•_
._„.,
__-
„__ .
..
....
<.___
1939— January
February „. .,_.._
Quarterly figures
1939— March,. „._
June
September
December
1940— March
June
September
December
.-. .
_.
,
New
York
City
4.17
4.01
3 90
3.83
3 77
Year and month
3 32
3.00
2 96
2.80
2 61
4.31
4.20
4 05
4.07
4 09
5 00
4.95
4 82
4 74
4 76
3 86
3.69
3.69
3.65
3.52
3 35
3.33
3 28
3.29
3 31
3.23
3.21
2 81
2.62
2.61
2 50
2.55
2 34
2.33
2 42
2.32
2 36
2.32
2.27
4 17
3.98
3.94
3.97
3.68
3.59
3.55
3,53
3.56
3.56
3.48
3.45
4 74
4 60
4.65
4 60
4.46
4 24
4.25
4 00
4.10
4 12
4.01
4.03
3 11
3 05
3.06
3.00
3 01
2 93
2.91
2 86
2.79
2 84
2.77
2 85
1 79
1.81
1.81
1.74
1 81
1.79
1.74
1.76
1.66
1.73
1.73
1.78
3 57
3.55
3.57
3.53
3 41
3.34
3.46
3.26
3.29
3.32
3,16
3.22
4 12
3.92
S. 94
3.85
3 M
3.80
3.65
3.67
3.53
3.57
3.52
3.65
2.74
2 78
2.77
2 67
2,67
2 71
2.70
2 65
2.63 I
2 64
2.66
2.58
3.50
3,12
1.71
3.56
3.16
1.71
3.55
3.14
1.74
3.46
2 96
1.71
3.43
1.71
2.99
3.51
1.71 1 3 02
3.45
1.67
3.09
3.29
3.02
1.74
2.97 I 3,33
1.70
3.25
1.70 I 3.07
3.27
3.05
1.74
3.14
2.94
1.74
2.61
2 59
2.57 I
2 62
2.64
2.57
2.57
2.55
2.56
2.61
2.62
2.52
1.75
1.75
1.75
1.75
1.73
1.73
1.73
1.73
1.65
1.73
1.70
1,70
2.60
2.49
2.48
2.48
2 48
2.56
2.57
2.52
2.53
2.57
2.49
2.60
3.28
2.92
1.70
1.70
2.65 , 3.21
2.64 I 3.28
1.65
3.25
2 60
1.70
3.20
1.70 1 2.64
3.31
1.70
2.78
3.35
1.70
2.78
3.28
2,71
1.67
3.26
1.70
2.74
3,21
2,90
1.70
1.70
2.68 | 3.20
3.23
1.70
2.95
2.64
2.52
1.73
1.70
2.97
2.69
3.32
3.26
2.95
2.91
2.68
2.59
2.13
2.15
2.04
1.06
3.05
3.05
2.78
2.50
3.77
3.62
3.31
3.32
2.65
2.59
2.68
2.59
2.03 1 2.67
2.00
2.49
2.56
2.14
2.00
3.53
3.35
3.38
3.43
3.36
2.58
2.55
2.60
2.41
2.06
1.95
1.98
1.88
2.53
2.58
2.62
2.45
3.25
3.23
3.29
2.99
7 Nortt •HSouthern and ern and
Eastern Western
cities
eitiea
2.n
2.95
2.87
2.93
3.01
2.79
2.82
2.76
2.83
2.93
2.98
2.72
3.23
3.15
3.17
a. 28
! 3.25
3.29
! 3,27
: 3.26
3.30
3.28
| 3.26
3.23
3
....
quarterly basis. '
MONEY RATES AND SECURITY MARKETS
465
NO. 12t-COMMERCIAL PAPER OUTSTANDING, MONTHLY, JULY 1918-OECEMBER 1924
[End of month figures. In millions of dollars)
Month
January
February
March
April
-
_
934
944
,028
,049
,056
,046
,062
,127
,186
1,200
1,193
1,186
._
874
871
863
838
871
881
_
1921
1920
1919
_
May.. „
June
July August
September
October
November
December
1918
1922
704
718
760
792
791
795
805
807
805
775
748
722
909
870
831
796
779
736
695
681
677
667
685
663
296
,264
,207
,212
,136
,063
,032
,038
,064
,055
,038
948
1923
1924
807
838
864
867
888
885
854
830
803
815
799
763
818
867
889
871
852
864
879
911
915
925
888
798
NO. 1I7-COMMERCIAL PAPER AND BANKERS' ACCEPTANCES OUTSTANDING,
MONTHLY, DECEMBER 1924-DECEMBER 1941
[End of month figures. In millions of dollars]
Dollar acceptances
Commercial
paper
Year and month
Based on
Held by
Total
Accepting banks
Total
Own
bills
Bills
bought
Federal
Reserve Banks
For
Others
For
account
own
of foreign
account
correspondents
Goods stored
in or shipped
Imports Exports
Dollar jet ween points in —
from
into
United United exchange
States
States
United Foreign
States countries
1924— December
798
821
(0
(0
(>)
387
43
0)
292
305
23
200
1925— January
February
March.
..
April.
_
May
June
July
August
September
October
November
December
820
820
813
801
776
759
727
722
708
684
666
621
835
808
800
757
680
608
569
555
607
674
690
774
222
186
193
1S6
155
125
116
94
89
104
85
93
91
88
111
67
76
53
47
43
34
42
38
38
131
98
82
119
79
72
70
50
54
62
47
55
313
315
312
261
287
253
206
211
266
346
357
372
47
47
50
48
38
37
32
31
34
37
40
70
253
260
245
262
200
193
215
219
218
187
208
239
273
297
297
296
275
253
254
254
283
290
285
311
317
308
302
288
261
222
191
182
205
246
256
297
27
15
19
18
17
14
13
13
16
15
16
19
218
175
168
147
114
112
98
94
90
110
119
129
13
14
8
13
8
13
12
14
13
14
17
654
655
668
663
668
652
655
638
612
593
566
526
788
767
746
721
685
622
600
583
614
682
726
755
119
128
132
137
107
67
58
64
48
$6
64
77
61
70
74
59
47
26.
25
35
25
24
26
35
58
58
59
78
61
41
32
29
23
32
39
42
299
299
248
208
236
247
214
256
278
320
362
378
84
84
69
67
62
54
53
45
45
40
49
59
286
256
297
309
280
254
275
218
243
266
251
242
324
326
334
330
316
282
273
262
272
277
281
284
283
280
257
235
224
209
196
186
195
235
260
261
20
19
17
18
16
15
16
15
18
21
21
26
131
111
100
103
94
84
85
86
93
110
125
145
30
32
38
35
35
33
31
33
3»
38
40
40
1927— January
February.
March
April..
May
June
July
August
..
September
October
November
December
551
577
606
599
582
579
569
591
600
611
603
555
774
785
809
811
775
751
741
782
864
976
1.029
1,081
55
166
104
87
95
89
86
133
104
118
117
105
31
73
59
40
46
32
54
82
57
62
50
58
24
93
46
47
48
57
32
51
46
57
67
47
317
293
236
237
226
198
158
171
241
339
353
390
94
93
148
147
160
146
151
166
188
189
186
229
308
233
321
340
294
318
346
312
331
329
373
357
293
302
320
309
299
294
293
286
290
309
304
313
272
275
285
285
271
261
250
261
297
343
376
391
24
23
22
24
20
19
23
27
31
31
31
28
141
141
127
129
125
119
116
136
167
194
208
218
43
44
55
64
61
68
59
72
79
98
111
131
1928 — January
February
March
April
May
June...
July_._
_ ,
August
September
October
November
December
576
567
570
571
541
503
483
458
430
427
421
383
1,058
1,056
1,085
1,071
1,041
1,026
978
952
1,004
1,123
1,200
1,284
80
90
99
56
58
71
53
50
53
44
50
76
49
45
48
29
29
27
23
26
29
22
25
27
31
45
51
27
29
44
30
24
24
22
25
49
377
342
348
355
291
216
162
191
283
439
485
488
237
239
242
261
268
308
306
278
265
251
263
325
364
385
396
399
424
431
457
433
318
320
328
333
318
329
319
316
321
314
317
316
386
383
389
379
383
361
352
353
370
416
449
497
30
29
29
25
25
25
25
24
28
32
32
39
194
187
187
172
152
137
118
108
115
154
181
190
130
138
162
101
162
174
164
152
171
207
221
243
1926 — January
February
March
April
May
June
July..
August
September
October _•_
November
December
i Not available.
_ .
•
402
395
BANKING AND MONETARY STATISTICS
466
NO. 127-COMMERCIAL PAPER AND BANKERS1 ACCEPTANCES OUTSTANDING,
MONTHLY, DECEMBER 1924-DECEMBER 1941-Continued
[End of month figures. In millions of dollars]
Dollar acceptances
Held by
Commercial
paper
Year and month
Total
Accepting banks
Total
1929— January
February
March
April
May
June
July
August
September
October
November
December
Own
bills
Bills
bought
Based on
j
Federal
Good a stored
Reserve Banks
Importe Exports
in or shipped
Dollar )et\veeu points in- For
Others
from
into
United United exchange
For
account'
States States
own of foreign
United Foreign
account correspondents
States countries
467
449
319
46
438
313
180
267
422
341
507
47
328
304
154
264
360
387
553
50
198
337
141
267
S24
377
494
45
177
345
116
249
326
381
47
515
116
389
110
243
368
323
58
422
102
527
80
264
368
507
316
49
72
458
114
280
370
502
123
330
52
164
453
325
397
477
328
46
275
449
155
'347
480
572
72
503
351
337
243
395
523
363
76
657
253
504
280
417
524
383
602
76
548
308
391
441
407
411
387
351
304
274
266
267
265
285
315
334
,270
,228
,205
,111
,107
,113
,127
,201,
,272
,541
,658
,732
79
89
117
95
87
84
90
82
71
129
244
191
25
34
29
32
27
36
24
34
32
31
70
59
55
55
89
64
61
48
66
49
39
98
174
132
1930—January
February.. _ _ _
March
April
May. ... ... ...
June
July
August - _ _ _ _ _ ,
September
October
November
December
404
457
529
553
541
527
528
526
513
485
448
358
,693
,624
,539
,414
,382
,305
,350
,339
,367
,508
,571
,556
220
183
167
158
166
205
279
267
317
384
493
371
63
71
72
55
63
64
63
95
131
172
180
90
157
112
95
103
103
141
216
172
186
212
313
282
293
269
277
208
184
127
129
167
208
141
143
328
526
503
482
465
463
470
479
471
432
433
429
439
653
669
613
582
570
503
463
434
411
550
507
417
336
335
314
296
295
276
260
255
241
244
243
221
510
475
466
429
406
373
380
357
364
407
422
415
67
63
58
57
61
50
48
54
63
58
56
52
309
282 !
235 i
189
179
164
167
172
201
266
307
306
471
470
467
443
442
442
496
502
499
533
544
561
1931— January
February.
March ... .
April
May.
June
July
August _ .. „...
September
October... .. ...
November
December. .
327
315
311
307
312
298
295
275
251
213
176
120
,520
,520
,467
,422
1,413
1,368
1,228
1,090
996
1,040
1,002
974
571
550
472
410
464
554
668
606
410
230
296
262
134
151
131
125
171
196
232
168
162
112
125
131
437
398
341
285
293
357
436
438
248
118
171
131
89
85
123
162
124
95
39
70
420
647
418
305
447
456
431
409
380
341
243
228
100
99
126
251
412
429
440
441
444
379
278
186
67
63
161
156
214
212
212
211
207
202
186
178
174
173
158
159
400
398
390
360
361
349
330
276
257
261
254
222
65
71
62
73
75
69
52
43
37
38
34
31
292
295 !
282
271
264
254
238
202
190
238
258
267
549
544
520
507
505
494
423
391
338
330
298
296
1932— January
February
March
April., ... „, . . .
May
June.. _
July
August
September
October..
.. .. November.... „ _ _ ,
December
..
109
104
107
110
111
103
100
108
110
113
109
81
961
919
911
879
787
747
705
681
683
699
720
710
332
343
377
455
510
518
563
574
573
605
655
604
159
175
155
188
225
200
197
198
159
199
2C8
224
174
168
222
268
286
318
366
376
414
406
386
380
119
76
36
16
4
36
12
3
2
3
4
4
314
312
335
292
183
98
59
49
43
39
32
40
195
189
163
115
90
96
70
55
64
52
28
62
150
142
129
118
103
97
85
76
73
81
81
79
207
195
205
199
184
173
162
152
156
157
161
164
34
26
23
17
15
13
15
11
8
6
9
10
272
271
287
251
217
193
178
192
212
222
287
230
298
284
287
294
269
271
265
250
234
231
232
228
85
84
72
64
60
73
97
107
123
130
133
109
707
704
671
697
669
687
738
694
715
737
758
764
626
325
261
404
505
487 '
552
4E9
517
592
599
442
256
201
153
206
229
201
248
252
236
271
273
223
370
124
108
199
276
287
304
247
282
321
326
219
2
307
280
163
13
41
2
1
1
1
18
127
41
30
45
43
36
36
37
40
41
31
3
4
38
42
85
87
115
223
147
154
156
113
138
190
71
71
73
77
77
80
86
95
103
99
98
94
166
. 174
175
176
174
168
168
160
171
185
200
207
11
9
8
10
9
9
10
4
4
5
4
4
222
219
184
237
231
230
234
225
213
219
206
199
195
180
182
108
117
133
139
142
151
168
188
192
188
178
166
771
750
685
613
569
534
516
520
539
562
561
543
567
581
576
536
507
480
472
483
503
516
517
497
255
266
252
236
226
220
222
222
223
245
252
243
312
315
324
299
281
260
250
261
280
271
265
254
105
56
23
3
4
5
5
4
3
2
1
1
1
95
108
81
70
59
53
42
37
35
45
44
46
89
98
103
103
100
97
94
39
94
93
89
89
225
203
186
164
150
145
135
140
138
147
148
140
5
4
3
3
3
4
4
4
4
4
2
2
277
261
226
186
164
141
138
147
166
184
195
193
171
177
182
173
173
159
516
493
466
413
375
343
485
452
423
391
356
317
238
217
197
178
162
154
247
235
226
214
193
163
30
41
43
22
19
26
86
92
101
103
107
102
133
123
122
114
100
94
3
3
2
2
2
2 ;
,
,.-_
1933— January .... „
February
March, _ _ _ . _ „
April
May
June,.. _ .
July.. ..
August
September
October
November
December
1934— January
February
March
April. .
May.,
June
July
August
September
October
November
December
,«,
'
_.
__„
,_.
1935 — January
February
March
April
May
June.,
.. _ . _ _ _ . . .
1
.
1
m
185
217
255
229
237
253
278
277
!
!
179
166
134
96
76
57
1
175
184
168
158
152
148
144
141
137
133
127
119
114
109
106
99
91
89
MONEY RATES AND SECURITY MARKETS
467
NO. 127-COMMERCIAL PAPER AND BANKERS' ACCEPTANCES OUTSTANDING,
MONTHLY, DECEMBER 1924-DECEMBER 1941-Continued
[End of month figures. In millions of dollars]
Dollar acceptances
Held by
Year and month
Commercial
paper
Total
Baaed on
Federal
Accepting banks
Reserve Banks
For
Others
For
account
Own
Bills
own of foreign
Total
bought
bills
account correspondents
24
148
148
296
30
145
147
292
148
154
27
301
24
178
161
339
29
182
175
358
29
183
185
368
Goods stored
Dollar
in or shipped
ex- between points inchange
United Foreign
States countries
47
86
52
83
66
79
82
98
111
84
110
84
99
102
102
106
105
107
86
81
77
75
84
94
3
4
4
4
3
2
31
37
38
34
34
41
37
29
39
34
40
57
108
114
113
111
110
107
105
104
107
110
112
126
94
94
91
86
81
74
68
63
64
67
77
86
3
2
2
2
1
2
2
2
2
2
1
2
96
81
66
67
55
49
57
60
66
75
83
83
84
86
87
89
82
85
84
79
76
77
76
76
62
61
80
76
86
87
83
79
69
62
67
63
141
158
160
167
168 ,
157
143
133
127
127
122
117
83
85
84
83
81
77
71
71
77
82
84
87
2
2
2
1
1
1
2
2
1
1
1
2
84
79
76
68
62
55
65
68
73
76
79'
78
77
77
76
76
75
74
71
69
66
62
61
59
59
61
57
48
48
52
47
42
40
46
51
58
106
96
91
86
81
79
78
83
89
94
94
95
82
78
75
71
65
63
63
58
57
57
59
60
3
2
2
1
1
1
2
2
3
3
3
75
70
63
60
57
58
60
55
56
59
59
57
60
61
62
61
04
03
63
60
57
56
57
56
82
76
74
72
68
69
69
63
62
67
69
70
52
50
54
49
55
53
48
44
39
42
51
57
89
87
87
86
82
81
75
79
78
85
96
103
57
57
58
56
51
45
41
40
40
40
37
39
2
2
2
1
19
20
19
18
18
18
16
16
52
48
42
38
36
39
39
40
43
46
50
54
55
54
56
57
59
60
61
59
36
32
24
22
111
123
121
118
113
112
103
103
100
96
99
100
68
65
63
61
58
54
49
44
42
53
60
67
50
45
46
45
43
40
36
34
35
38
38
42
101
95
90
86
78
79
75
80
80
91
98
109
38
44
47'
45
47
43
32
24
22
20
20
18
16
15
14
13
12
13
13
11
11
11
9
10
91
51
49
46
41
36
35
38
35
37
41
44
23
27
30
33
34
34
32
20
28
28
29
27
103
99
107
105
105
101
106
100
85
90
93
92
65
65
63
66
60
59
55
47
46
47
51
54
45
48
47
49
51
52
49
50
46
47
50
49
115
119
120
126
125
123
121
114
105
109
116
116
16
18
24
25
24
24
22
21
13
12
14
15
11
7
8
7
3
3
3
3
4
4
5
4
44
42
41
38
41
43
47
49
45
48
48
48
26
26
25
23
22
20
16
11
9
11
12
11
1935= July
August
September
October
November
December
164
177
183
180
178
171
321
322
328
363
387
397
1936 —January
February
March
April
May . . .
June
July
.,
August
September
October
November
December
178
176
180
174
184
169
188
205
197
199
191
215
384
377
359
344
331
316
316
308
315
330
349
373
353
340
321
310
297
276
278
279
276
296
309
315
181
172
150
143
155
129
131
140
139
150
157
151
172
168
171
167
142
147
147
139
137
147
152
164
1 937 —-January
February
March
.
April
May
June
July
August. _ _
September
October
November
December,
244
268
290
285
287
285
325
329
331
323
311
279
387
401
396
395
386
364
352
344
344
346
348
343
325
341
317
318
295
273
265
263
274
282
279
278
154
160
150
147
137
130
144
143
148
153
148
147
171
180
166
171
159
143
121
120
127
129
131
131
1938— January
February
March
April
,
May
June
July...
August
September
October
November
December
299
293
297
271
251
225
211
209
212
213
206
187
326
307
293
279
268
264
265
258
261
270
273
270
266
246
236
229
218
210
217
216
221
223
222
212
147
140
143
141
139
135
133
129
129
130
124
121
119
106
93
89
80
76
84
87
92
93
98
91
1939—January
February
March
A P riL D
May
June
July
August
September
October
November
December
195
195
191
192
189
181
194
201
209
205
214
210
255
248
245
238
247
245
236
235
216
221
223
233
204
198
191
189
192
191
188
191
177
179
172
175
122
122
117
118
124
122
119
128
115
111
103
105
1 940—January
February
March
April.
May...
June
July
August
September
October
November
December
219
226
233
239
234
224
232
245
251
252
232
218
229
233
230
223
214
206
188
182 .
177
187
197
209
179
188
184
178
171
166
152
148
142
149
159
167
1941— January
February
March
April
May.
June,
July
August
September
October
November
December
232
241
263
275
295
299
330
354
371
378
387
375
213
212
217
220
215
213
210
197
177
185
194
194
168
164
170
170
164
161
161
148
131
138
144
146
Imports Exports
into
from
United United
States States
4i
1
2
4
3
2
1
2
2
2
2
1
1
2
2
1
BANKING AND MONETARY STATISTICS
468
NO. 128-BOND YIELDS, BY TYPE OF SECURITY, MONTHLY, 1919*1941'
[Per cent per annum]
Corporate (Moody'a)
U.S.
Government
Year and month
Municipal
(higbgrade)
2-6
15
By ratings
Total
By groups
Aaa
Number of issues,--
___
Aa
A
Baa
60-120
15-30
15-30
15-30
15-30
Industrial
20-40
Railroad Public utility
20-40
2040
1919
1920
4.73
5.32
4.46
4.98
6,27
7.08
5.49
6.12
5.86
6.59
6.48
7.41
7.25
8.20
6.18
6.94
6.42
7.12
6.21
7.19
1021
1922
1923
1924
1025
-__
5.09
4.30
4.36
4.06
3.86
5.09
4.23
4.25
4.20
4.09
7.04
5.95
6.04
5.80
5.47
5.97
5.10
5.12
5.00
4.88
6.55
5.59
5.62
5 44
5.20
7.28
6.03
6.17
5.93
5.55
8.35
7.08
7.24
6.83
6.27
7.04
6.04
6.04
5.90
5 61
6.91
5.89
6.24
5.90
5.51
7.17
5.93
5.84
5.01
5.29
- .
3.68
3.34
3.33
3.60
3.29
4.08
3.98
4.05
4.27
4.07
5.21
4.97
4.94
5.21
5.09
4.73
4,57
4.55
4.73
4.55
4.97
4.77
4.71
4.93
4.77
5.24
5.04
5.01
5.28
5.13
5.87
5.48
5.48
5.90
5.90
5.37
5.10
5.10
5.31
5.25
5.13
4.83
4.85
5.18
4.96
5.11
4.96
4.87
5.14
5.65
3.34
3.68
3.31
3.12
2.79
4.01
4.65
4.71
4.03
3.41
5.81
6.87
5.89
4.96
4.46
4.58
5.01
4.49
4.00
3.60
5.05
5.98
5.23
4.44
3.95
6.01
7.20
6.09
5.08
4.55
7.62
9.30
7.76
6.32
5.75
6.08
6.71
5.34
4.52
4.02
6.09
7.61
6.09
4.96
4.95
5.27
6.30
6.25
5.40
4.43
2.65
2.68
2.56
2.36
2.21
3.07
3.10
2.91
2.76
2.50
3.87
3.94
4.19
3.77
3.55
3.24
3.26
3.19
3.01
2.84
3.46
3.46
3.56
3.22
3.02
4.02
4.01
4.22
3.89
3.57
4.77
5.03
5.80
4.96
4.75
3.50
3.55
3.50
3.30
3.10
4.24
4.34
5.21
4.53
4.30
3.88
3.93
3.87
3.48
3.25
.
1926
1027
1928
1929
1930
._
1931
1932
1933
1934
1935
. ,. . . .
_______________________
=
.
_ _ _ _ _
1936
1937
1938_. _ _ - _ — 1939
1940
,..
-
1941
1.95
2.10
3.34
2.77
2.94
3.30
4.33
2.95
3.95
3.11
1910—-January
February
March...
. _____
__ .
April
May
______
June*
July „„„
August
September
October. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
November
December
_ _ _ . _ _ _ . _ _ .,
4.63
4.70
4.73
4.72
4.67
4.69
4.72
4.78
4.73
4.71
4.81
4.90
4.43
4.46
4.53
4.52
4.47
4.44
4.44
4.45
4.44
4.45
4.45
4.47
6.16
6.20
6.20
6.22
6.15
6.10
6.13
6.25
6.35
6.33
6.48
6.66
5.35
5.35
5.39
5.44
5.39
5.40
5.44
5.56
5.60
5.54
5.66
5.73
5.75
5.79
5.76
5.80
5.75
5.71
5.76
5.85
5.96
5.90
6.02
6.21
6.42
6.45
6.48
6.40
6.35
6,26
6.26
6.44
6.56
6.52
6.70
6.91
7.12
7.20
7.15
7.23
7.09
7.04
7.06
7.13
7.27
7.34
7.54
7.77
6.19
6.22
6.20
6.21
6.15
6.04
6.02
6.11
6.14
6.15
6.26
6.42
6.20
6.28
6.25
6.34
6.21
6.19
6.28
6.44
6.60
6.55
6.75
6.97
6.08
6.11
6.14
6,09
6.08
6.08
6.10
6.19
6,30
6.28
6.43
6.58
1920— January
February
March
April.. _ _ . _ _ . „ _ _ _ _
May.
June
July
August
September.
October
November.„
December
4.93
5.05
5.09
5.28
5.58
5.54
5.57
5.67
5.43
5.08
5.21
5.40
4.53
4.62
4.62
4.83
5.03
5.23
5.25
5.28
5.22
5.06
5.02
5.10
6.65
6.81
6.86
7.02
7.26
7.29
7.29
7.29
7.12
6.99
7.09
7.34
5.75
5.86
6.92
6.04
6.25
6.38
6.34
6.30
6.22
6.05
6.08
6,26
6.19
6.28
6.42
6.54
6.78
6.79
6.69
6.76
6.65
6.56
6.63
6.84
6,88
7.15
7.11
7.34
7.60
7.58
7.62
7.69
7.48
7.34
7.45
7.71
7.78
7.94
7.97
8.17
8.39
8.39
8.52
8.39
8.14
7.99
8.21
8.56
6.39
6.57
6.66
6.78
7.01
7.11
7.12
7.15
7.05
6.97
7.11
7.39
6.93
7.09
7.08
7.26
7.46
7.40
7.39
7.23
6.91
6.72
6.86
7.15
6.63
6.76
6.83
7.03
7.30
7.35
7.37
7.48
7.40
7.28
7.31
7.49
192 1— January
February.. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
March
April
May
June.......
____
July,,.,.-.
August
September
October.
November
December
5.23
5.28
5.27
5.24
5.25
5.27
5.26
5.22
5.12
4.83
4.64
4.47
5.05
5.12
5.11
5.12
5.12
5.27
5.34
5.25
5.14
5.07
4.93
4.52
7.20
7.15
7.19
7.20
7.21
7.27
7.23
7.14
7.02
6.92
6.57
6.36
6.14
6.08
6.08
6.06
6.11
6.18
6.12
5.99
5.93
5.84
5.60
5.50
6.64
6.60
6.59
6.68
6.69
6.76
6.78
6.64
6.56
6.47
6.18
5.95
7.52
7.50
7.53
7.53
7.50
7.58
7.53
7.43 i
7.23
7.03
6.62
6.39
8.50
8.42
8.55
8.53
8.52
8.56
8.48
8.51
8.34
8.34
7.88
7.61
7.27
7.14
7.22
7.21
7.16
7.19
7.17
7.13
7.06
6.93
6.61
6.36
6.91
6.97
6.99
7.06
7.08
7.22
7.10
6.97
6.90
6.88
6.52
6.37
7.43
7.35
7.35
7,34
7.38
7.41
7,42
7.34
7.08
6.95
6.58
6.37
1922— January
February,,
_ _ _ _
Mareh___________
April. _ „ _ _ _ _
. ..
May
June _ July .:
August
September
October...
November
December.
..
4.45
4.50
4.41
4.28
4.26
4.24
4.14
4.12
4.19
4.30
4.33
4.32
4.43
4.43
4.37
4.20
4.17
4.18
4.21
4.18
4.11
4.14
4.20
4.15
6.35
6.24
6.17
6.01
5.89
5.92
5.84
5.78
5.71
5.76
5.88
5.89
5.34
5.29
5.23
5.15
5.13
5.08
5.00
4.96
4.93
4.97
5.09
5.08
5.94
5.80
5.79
5.71
5.62
5.64
5.57
5.44
5.35
5.36
5.45
5.41
6.41
6.33
6.22
6.05
5.93
5.97
5,88
5.85
5.79
5.91
5.99
6.04
7.70
7.55
7.45
7.14
6.89
6.97
6.89
6.85
6.75
6.78
6.98
7.02
6.37
6.31
6.25
6.08
5.96
5.99
5.91
5.88
5.79
5.88
5.98
6.03
6.28
6.11
6.07
5.91
5.85
5.88
5.77
5.66
5.65
5.72
5.89
5.88
6.40
6.31
6.20
6,05
5.87
5.87
5.83
5.78
5.68
5.67
5.77
5.76
1923— January... _ _
February. . .
March
April
May
June......
4.32
4.33
4.38
4.39
4.37
4.34
4.13
4.12
4.15
4.18
4.20
4.21
5.87
5.90
6.03
6.09
6.04
6.05
5.04
5.07
5.18
5.22
5.16
5.15
5.42
5.49
5.62
5.73
5.66
5.66
6.04
6.07
6.24
6.25
6.17
6.19
6.98
6.97
7.09 I
7.17 |
7.17
7.21
5.95
5.97
6.04
6.05
5.99
8.01
5.94
6.00
6.16
6.30
6.26
6.27
5.72
5.73
5.90
5.93
5.88
5.89
„
. . ...
__.._
_.
For footnote see end of table, p. 471r
NOTE.—Figures on high-grade corporate bond yields compiled by the United States Treasury Department are shown beginning with
1933 on p. 470,
MONEY RATES AND SECURITY MARKETS
469
HO. 12&-BOND YIELDS, BY TYPE OF SECURITY, MONTHLY, 1919-1941 >-Continued
[Per cent per annum]
Corporate (Moody's)
U.S.
Government
Year and month
Municipal
(highiTade)
By ratings
Total
Aaa
Aa
By groups
Railroad Public utility
A
Baa
7.34
7.38
7.38
7.46
7.40
7.38
6.07
6.07
6.05
6.10
6.07
6.06
6.33
6.28
6.33
6.39
6.34
6.31
5.89
5.77
5.85
5.85
5.85
5.86
Industrial
1923 —July
August
September
October
November
December
4.34
4.35
4.36
4.40
4.37
4.35
4.31
4.33
4.36
4.34
4.32
4.35
6.10
6.04
6.08
6.11
6.09
6.08
5.14
5.08
5.12
5.11
5.09
5.09
5.69
5.63
5.65
5.65
5.63
5.63
6.21
6.06
6J5
6.23
6.22
6.20
1924 —January
February
March
April ... .
May
June
,
July
August .
September
October.
November
December
4.30
4.28
4.28
4.23
4.15
3.98
3.94
3.91
3.92
3.87
3.90
3.96
4.31
4.31
4.31
4.30
4.23
4.19
4.16
4.15
4.08
4.10
4.09
4.12
6.01
5.98
5.96
5.94
5.88
5.79
5.70
5.72
5.72
5.67
5.63
5,61
5.09
5.09
5.10
5.08
5.04
4.99
4.95
4.95
4.95
4.92
4.94
4.95
5.55
5.52
5.57
5.56
5.49
5.43
5.38
5.38
5.38
5.35
5.32
5.31
6.16
6.18
6.10
6.09
6.00
5.90
5.79
5.84
5.83
5.78
5.72
5.72
7.24
7.14
7.08
7.03
6.97
6.82
6.67
6.69
6.73
6.62
6.54
6.46
6.03
6.01
6.00
6.00
5.94
5.59
5.86
5.86
5.84
5.81
5.76
5.75
6.18
6.17
6.14
6.09
6.02
5.88
5.73
5.78
5.81
5.72
5.65
5.63
5.82
5.77
5.76
5.74
5.67
5.59
5.52
5.51
5.52
5.48
5.49
5,46
3.96
3.95
3.96
3.93
3.87
3.79
3.79
3.85
3.85
3.82
3.79
3.80
4.10
4.08
4.07
4.05
4.02
4.01
4.06
4.03
4.12
4.15
4.22
4.13
5.60
5.54
5.54
S.54
5.45
.5.40
5.44
. 5.48
5.45
5.43
5.42
5.40
4.95
4.95
4.91
4.87
4.83
4.83
4.87
4.90
4.87
4.85
4.84
4.85
5.30
5.25
5.24
5.24
5.19
5.15
5.17
5.21
5.18
5.17
5.14
5.14
5.70
5.61
5.66
5.63
5.46
5.44
5.51
5.56
5.53
5.54
5.51
5.46
6.44
6.36
6.36
6.41
6.30
6.18
6.20
6.24
6.20
6.17
6.17
6.15
5.72
5.66
5.68
5.66
5.64
5.59
5.58
5.61
5.59
5.54
5.54
5.53
5.63
5.56
5.57
5.60
5.48
5,41
5.48
5.54
5.50
5.52
5.46
5.42
5.44
5.41
5.39
5.35
5.22
5.20
5.25
5.28
5.26
5.24
5.24
5.25
1926—January
February
March
April
May
June
July....,
August .
September
October
November
December
3.77
- 3.71
3.71
3.70
3.67
3.67
3.68
3.70
3.70
3.68
3.62
3.56
4.10
4.09
4 09
4.07
4.06
4.06
4.06
4.04
4.08
4.09
4.09
4.07
5.34
5.29
5.31
5.25
5.17
5.16
5'. 17
5.18
5.18
5.18
5.14
5.10
4.82
4.77
4.79
4.74
4.71
4.72
4.71
4.72
4.72
4.71
4.68
4.68
5.07
5.04
5.05
4.99
4.94
4.92
4.95
4.95
4.97
4.95
4.93
4.89
5.38
5.33
5.34
5.27
5.18
5.18
5:21
5.23
5.23
5.23
5.17
5.16
6.09
6.02
6.05
5.98
5,86
5.80
5.79
5.81
5.79
5.81
5,77
5.68
5.49
5.46
5.48
5.435.35
5.34
5.35
5.34
5.34
5.33
5.32
5.26
5.33
5.26
5.28
5.18
5.09
5.06
5.08
5.11
5.10
5.10
5.02
5.00
5 20
5.15
5.17
5.12
5.08
5.06
5.08
5.09
5.10
5.11
5.07
5.05
1927—January
February
March
April
May .
June
July.
August.September
October
November
December
3.51
3.48
3.37
3.35
3.31
3,34
3.36
3.32
3.30
3.29
3.23
3.17
4.04
4.04
4 00
3.96
3.94
4.00
4.02
4.00
3.96
3.93
3.93
3.90
5.06
5.07
5.03
4.98
4.98
5.00
5.00
4.95
4.93
4.89
.86
.83
4.66
4.67
4.62
4.58
4.57
4.58
4.60
4.56
4.54
4.51
4.49
4.46
4.87
4.87
4.83
4.80
4.79
4.80
4.80
4.73
4.73
4.69
4.65
4.62
5.11
5.13
5.12
5.06
5.05
5.06
5.04
5.01
5.01
4.97
4.94
4.92
5.61
5.59
5,54
5.48
5.50
5,55
5,55
5.48
5.42
5.38
5.35
5.32
5.21
5.20
5.15
5.10
5.10
5.11
5.12
5.10
5.07
5.02
5.01
5.00
4.96
4.95
4.90
4.86
4.85
4.90
4.89
4.80
4.79
4.75
4.68
4.66
5.02
5.05
5.03
4.98
4.99
4.98
4.98
4.94
4.92
.89
.88
.84
1928—January. . __
February'
March
April
May
June
July,...
August
September
October
November
December^
3.18
3.19
3.17
3.20
3.24
3.29
3.42
3.48
3.46
3.47
3.38
3.45
3.89
3.89
3.89
3.93
4.02
4.09
4.13
4.16
4.17
4.17
4.15
4.15
.83
.83
.82
4.83
4.88
4.99
5.02
5.04
5.02
5.00
4.97
5.01
4.46
4.46
4.46
4.46
4.49
4.57
4.61
4.64
4.61
4.61
4.58
4.61
4.61
4.61
4.59
4.60
4.64
4.75
4.79
4.82
4.79
4.78
4.75
4.77
4.91
4.92
4.92
4.91
4.96
5.07
5.09
5.10
5.07
5.04
4.99
5.08
5.35
5.33
5,32
5.33
5.42
5.55
5.58
5.61
5.59
5.58
5.55
5,<60
5.01
5.00
5.01
5.00
5.07
5.14
5.19
5.18
5.16
5.14
5.13
5.15
4.70
4.73
4.72
4.74
4.78
4.91
4.94
4.98
4.94
4.93
4.87
4.95
.79
.77
.75
.75
.79
.90
.93
.97
.96
.93
4.90
4.95
3.52
3.62
3.74
3.64
3.64
3.69
3.64
3.71
3.70
3.61
3.35
3.36
4.16
4.25
4.32
4.29
4.23
4.26
4.28
4.31
4.32
4.29
4.25
4.22
5.04
5.08
5.16
5.16
5.16
5.25
5.25
5.30
5.34
5.32
5.27
5.17
4.62
4.66
4.70
4.69
4.70
4.77
4.77
4.79
4.80
4.77
4.76
4.67
4.79
4.86
4.92
.91
.91
.98
.97
.99
.01
.01
.94
.84
5.10
5.14
5.24
5.23
5.24
5.31
5.32
5.39
5.43
5.38
5.33
5.21
5.63
5.66
5.79
5.80
5.80
5.94
5.95
6.04
6.12
6.11
6.03
5.95
5.14
5.18
5.24
5.24
5.27
5.34
5.32
5.34
5.41
5.40
5.45
5.35
5.00
5.06
5.17
5.16
5.12
5.26
5.28
5.34
5.36
5.30
5.11
4.99
' 4.96
5.00
5.07
5.09
5.09
5.15
5.16
5.22
5.27
5.25
5.24
5.17
__
_ „
1925 — January
February
March
April
May ..
June
July . . . .
August
September
October
November
December
1 929—January
February
March
April . '_
May
June
July
August
September
October
November
December
.,
,
For footnote see end of table, p. 471.
'
BANKING AND MONETARY STATISTICS
470
NO. 128-BOND YIELDS, BY TYPE OF SECURITY, MONTHLY, 1919-1941l~Continued
[Per cent per annum]
Corporate (Mcody's)
u.s:
Government
Year and month
Municipal Corporate
(biRh
(highgrade) 2
grade)
-~ — •—
By groups
By ratings
Total
Aaa
Aa
A
Baa
Industrial
Railroad Iiiblie utility
1930=- January.
_____
February
March
._. ,
April
. .. „ „
May
June
July
.
__.._.
August
September
__,
October ... „ _ . . , _ „
November
December
...._,.,
3.43
3.41
3.29
3.37
3.31
3.25
3.25
3.26
3.24
3.21
3.19
3.22
4.22
4.24
4.12
4.11
4.11
4.10
4.05
3.97
3.97
3.94
4.00
4.05
5.17
5.18
5.08
5.05
5.04
5.05
5.02
4.97
4.92
5.02
5.17
5.38
4.66
4.69
4.62
4.60
4.60
.57
.52
.47
.42
.42
.47
.52
4.86
4.89
4.80
4.78
4.77
4.76
4.74
4.68
4.65
4.67
4.75
4.85
5,23
5.25
5.15
5.12
5.07
5.08
5.06
5.00
4.94
5.06
5.21
5.43
5.92
5.89
5.73
5.70
' 5.72
5.78
5.77
5.73
5.65
5.94
6.25
6.71
5.34
5.32
5.23
5.16
5.1?
5.21
5.17
5.12
5.08
0.24
5.37
5.58
5.0t)
5.02
4,89
4.U2
4.111
4.91
4.8'J
4. Mi
4.80
4.01
5.10
5.34
5.17
5.20
5.10
5.03
5.04
5.03
5.00
4,94
4.87
4.93
5.05
5.21
1931— January
__..__
February
March
April
May
June
July
August
..
September
October_________.._
November
December
3.20
3.30
3.27
3.26
3.16
3.13
3.15
3.18
3.25
3.63
3.63
3.93
3.92
3.95
3.89
3.80
3.75
3.76
3.85
3.83
3.91
4.35
4.42
4.64
5.20
5.20
5.20
5.35
5.48
5.57
5.47
5.65
6.00
6.62
6.60
7.43
4,42
4.43
4.39
4.40
4.37
4.36
4.36
4.40
4.55
4.99
4.94
5.32
4.70
4.70
4.67
4.76
4.76
4.81
4.81
4.85
5.08
5.57
5.61
6.26
5.26
5.29
5.30
5.52
5.65
5.75
5.64
5.88
6.29
6.88
6.90
7.70
6.41
6.38
6.44
6.72
7.15
7.36
7.08
7.47
8.07
9.04
8.93
10.42
5.41
5.40
5.44
5.65
5.89
5.97
5.79
5.93
6.33
6.86
6.79
7.51
5.09
5.11
5.17
5.45
5. 60
5.70
5.62
6.01
6.43
7.20
7.28
8.46
5.09
5.09
4.99
4.97
4.97
5.04
5.00
5.01
5.24
5.79
5.72
6.31
1 932 —-January
February
March
April
May
June
July
August
September
October
November
December
4.26
4.11
3.92
3.68
3.76
3.76
3.58
3.45
3.42
3.43
3.45
3.35
• 4.92
5.03
4.79
4.73
4,77
4.81
4.78
4.50
4.39
4.37
4.38
4.37
6.87
6.83
6.62
7.31
7.94
8.01
7.69
6.45
6.08
6.12
6.24
6.31
5.20
5.23
4.98
5.17
5.36
5,41
5.26
4.91
4.70
4.64
4.63
4.59
6.08
6.13
5.85
6.11
6.38
6.60
6.51
5.83
5.54
5.51
5.57
5.60
7.06
7.06
6.80
7.48
8.40
8.50
8.19
6.84
6.45
6.44
6.53
6.61
9.13
8.87 i
8.83 |
10.46
11.63
11.52
10.79
8.22
7.61
7.87
8.24
8.42
7.20
7.02
6.71
7.02
7.55
7.68
7.40
6.37
5.96
5.89
5.90
5.85
7.20
7.10
7.04
8,24
9.30
9.14
8.70
6.96
6.58
6.75
7.00
7.27
6.20
6.36
6.10
6.66
6.98
7.21
0.97
6.03
5.69
5.72
5.84
5.80
3.22
3.31
3.42
3.42
3.30
3.21
3.20
3.21
3.19
3.22
3.46
3.53
4.23
4.28
4.88
5.05
5.27
4.71
4.60
4.54
4.59
4.60
4.89
4.89
4,28
4.34
4.56
4.63
4.48
4,34
4.28
4.23
4.28
4.26
4.45
4.40
5.98
6.13
6.46
6.64
6.02
5,63
5.35
5.34
5.57
5.64
6.02
5.93
.44
.48
.68
.78
.63
4.46
4.36
4.30
4.36
4.34
4.54
4.50
5,30
5.35
5,61
5.81
5.40
5.09
4.83
4.77
4.96
4.97
5.35
5.27
6.16
6.30
6.64
6.85
6.29
5.88
5.58
5.51
5.70
5.78
6.22
6.21
8.01
8.37
8.91
9.12
7.74
7.07
6.62
6.77
7.27
7.49
7.98
7.75
5.66
5.83
6.10
6.10
5.60
5.21
4.95
4.84
4.87
4.87
4.99
5,03
0.71
6.65
6.87
7.00
6.11
5.68
5.31
5.28
5.54
5.67
6.25
5.95
5.56
5.90
6.41
6.82
6.34
5.99
5.78
5.90
6.31
6.38
6.82
6.82
3.50
3.32
3.20
3.11
3.02
2.98
2.92
3.03
3.20
3.10
3.07
3.01
4.67
4.48
4.23
4.12
4.00
3.88
3.85
3.88
3.94
184
3.78
3.69
4.26
4.14
4.07
4.00
3.94
3.88
3.83
3.87
3.89
3.84
3.78
3.68
5.52
5.10
5.02
4.87
4.85
4.81
4.81
4.96
5.03
4.92
4.86
4.79
4.35
4.20
4.13
4.07
4.01
3.93
3.89
3.93
3.96
3.90
3.86
3.81
5.00
4.70
4.55
4.43
4.37
4.30
4.28
4.34
4.42
4.36
4.28
4.27
5.72
5.24
5.12
4.97
4.96
4.96
4.93
5.09
5.17
5.00
4.93
4.86
7.01
6.27
6.26
8.01
8.05
8.06
8.13
8.49
6.57
8.40
8.37
8.23
4.87
4.73
4.65
4.53
4.47
4.41
4.39
4.47
4.52
4.47
4.40
4.37
5.45
4.99
4.91
4.78
4.81
4.78
4.80
5.05
5.15
4.99
4.96
4.86
6.24
5.68
5.50
5.31
5.27
5.24
5.23
5.37
5.43
5.30
5.22
5.15
2.88
2.79
2.77
2.74
2.72
2.72
2.69
2.76
2,85
2.85
2.83
2.83
3.57
3.48
3.41
3.40
3.43
3.42
3.32
3,35
3.44
3.45
3.34
3.31
3.60
3.52
3.49
3.47
3.48
3.43
3.35
3.44
3.47
3.46
3.41
3.39
4.68
4.60
4.66
4.64
4.55
4.47
4.40
4.39
4.36
4.34
4.27
4.19
3.77
3.69
3.67
3.66
3.65
3.61
3.56
3.60
3.59
3.52
3.47
3.44
4.21
4.13
4.11
4.08
4.03
3.99
3.89
3.87
3.85
3.82
3.73
3.65
4.74
4.63
4.67
4.69
4.59
4.52
4.46
4.49
4.48
4.49
4.45
4.35
5.98
5.95
6.20
6.13
5.94
5.77
5.67
5.58
5.53
5.54
4.31
4,24
4.20
4.18
4.11
4.07
3.95
3.94
3.91
3.83
3.73
3.71
4.75
4.81
5.14
5.14
5,12
4.99
4.97
4.95
4.91
4.97
4.90
4.73
4.97
4.76
4.65
4.60
4.43
4.37
4.26
4.28
4.27
4.24
4.17
4.12
1933— January
February
March
April
May .
une
July
August
September
October
November
December
1934— January
February
March
April
May
June
July
August
September
October
November
December
_ _.
„_...
„,„..
_ „
, _.._
__„_
1 935— January
February
March
April
May
June .
July
August
September
October
November
December
„__.._
.....
.....
- -.-„.
„ _=
For footnotes see opposite page.
!
a. 43
5.30
MONEY RATES AND SECURITY MARKETS
471
NO. 128-BOND YIELDS, BY TYPE OF SECURITY, MONTHLY, 1919-1941l-Continued
[Per cent per annum]
Corporate (Moody's)
Year and month
U.S.
Government
Municipal Corporate
(high
(highgrade)
grade) 2
By ratings
Total
Aaa
Aa
By groups
A
Baa
Industrial
Railroad Public utility
1936— January
February
March
April
May
June
July
August ....
September
October
November December
2.80
2.77
2.71
2.68
2.66
2.66
2.65
2.61
2.60
2.62
2.53
2.51
3.27
3.22
3.18
3.17
3.16
3.16
3.13
3.06
2.97
2.94
2.85
2.76
3.32
3.26
3.24
3.24
3.22
3.19
3.18
3.18
3.15
3.14
3.11
3.07
4.04
3.95
3.95
3.97
3.96
3.94
3.90
3.85
3.79
3.75
3.71
3.67
3.37
3.32
3.29
3.29
3.27
3.24
3.23
3.21
3.18
3.18
3.15
3.10
3.57
3.55
3.55
3.57
3.53
3.51
3.48
3.44
3.41
3.37
3.31
3.28
4.21
4.12
4.10
4.12
4.11
4.09
4.05
3.99
3.94
3.90
3.85
3.78
5.00
4.80
4.86
4.91
4.94
4.90
4.84
4.74
4.62
4.54
4.52
4.53
3.59
3.57
3.56
3.57
3.65
3.54
3.52
3.48
3.44
3.42
3.37
3.37
4.50
.31
.32
.38
.40
.35
.31
.22
.09
.02
4.00
3.96
4.02
3.98
3.98
3.97
3.95
3.91
3.86
3.85
3.83
3.80
3,74
3.69
1937— January
February
March
April
May.
June
July
August
September
October
November
December
2.47
2.46
2..60
2.80
2.76
2.76
2.72
2.72
2.77
2.76
2.71
2.67
2.79
2.96
3.19
3.24
3.14
3.11
3.07
3.01
3.18
3.24
3.17
3.15
3.09
3.24
3.36
3.43
3.36
3.31
3.27
3.25
3.26
3.26
3.22
3.17
3.67
3.75
3.87
3.97
3.91
3.90
3.88
3.88
3.98
4.12
4.21
4.16
3.10
3.22
3.32
3.42
3.33
3.28
3.25
3.24
3.28
3.27
3.24
3.21
3.30
3.40
3.50
3.57
3.48
3.43
3.41
3.41
3.46
3.53
3.54
3.50
3.77
3.85
3.97
4.04
3.98
3.96
3.94
3.94
4.02
4.16
4.24
4.20
4.49
4.53
4.68
4.84
4.84
4.93
4.91
4.92
5.16
5.52
5.82
5.73
3.36
3.46
3.55
3.65
3.55
3.51
3.50
3.47
3.55
3.63
3.65
3.66
3.95
4.03
4.15
4.26
4.22
4.22
4.21
4.28
4.43
4.66
4.91
4.79
3.68
3,76
3.80
3.99
3.95
3.97
3.92
3.89
3.96
4.08
4.06
4.03
1938— January
February
March
April
May
June .
July
August
September
October
November
December
2.65
2.64
2.64
2.62
2,51
2.52
2.52
2.51
2.58
2.48
2.50
2.49
3.03
2.99
2.99
3.03
2.91
2.91
2.87
2.82
3.02
2.82
2.74
2.75
3.17
3.15
3.16
3.25
3.14
3.15
3.12
3.10
3.12
3.06
3.04
3.02
4.19
4.23
4.36
4.50.
4.28
4.40
4.17
4.09
4.17
4.03
3.95
3.95
3.17
3.20
3.22
3.30
3.22
3.26
3.22
3.18
3.. 21
3.15
3.10
3.08
3.50
3.51
3.56
3.73
3.56
3.68
3. 62
3.57
3.60
3.53
3.46
3.42
4.20
4.24
4.34
4.49
4.28
4.41
4.21
4.13
4.20
4.08
4.02
4.02
5.89
5.97
6.30
6.47
6.06
6.25
5.63
5.49
5.65
5.36
5.23
5.27
3.54
3.57
3.58
3.64
3.51
3.55
3.48
3.43
3.50
3.43
3.39
3.40
5.02
5.06
5.44
5.75
5.44
5.75
5.25
5.09
5.18
4.94
4.83
4.82
4.01
4.07
4.05
4.11
3.90
3.90
3.79
3.76
3.82
3.73
3.65
3.63
1939 — January
February
March
April . .
May
June
July
August
September
October
November
December
2.47
2.44
2.34
2.30
2.17
2.13
2.16
2.21
2.65
2.60
2.46
2.35
2.70
2.70
2.67
2.75
2.66
2.63
2.65
2.75
3.29
3.08
2.69
2.56
2.96
2.90
2.87
2.92
2.86
2.78
2.76
2.79
3.29
3.14
2.93
2.86
3.86
3.81
3.74
3.84
3.78
3.71
3.66
3.67
3.95
3.83
3.70
3.69
3.01
3.00
2.99
3.02
2.97
2.92
2.89
2.93
3.25
3.15
3.00
2.94
3.32
3.26
3.22
3.22
3.16
3.13
3.08
3.11
3.49
3.35
3.16
3.14
3.97
3.94
3.87
3.97
3.92
3.86
3.83
3.80
4.05
3.94
3.78
3.74
5.12
5.05
4.89
5.15
5.07
4.91
4.84
4.85
5.00
4.88
4.85
4.92
3.31
3.29
3.29
•3.35
3.30
3.23
3.18
3.21
3.57
3.43
3.25
3.21
4.70
4.63
4.46
4.66
4.60
4.47
4.42
4.41
4.58
4.51
4.44
4.47
3.57
3.52
3.48
3.51
3.45
3.42
3.39
3.40
3.70
3.57
3.41
3.38
1 940— January
February
March _ .
April
May
June
July
August
September
October
November
December
2.30
2.32
2.25
2.25
2.38
2.39
2.28
2.25
2.18
2.10
1.97
1.89
2.54
2.60
2.58
2.56
2.81
2.85
2.54
2.49
2.44
2.32
2.18
2.07
2.81
2.79
2.77
2.74
2.87
2.93
2.85
2.80
2.71
2.70
2.65
2.59
3.63
3.60
3.58
3.54
3.65
3.72
3.57
3.55
3.50
3.46
3.40
3.36
2.88
2.86
2.84
2.82
2.93
2.96
2.88
2.85
2.82
2.79
2.75
2.71
3.08
3.05
3.04
2.99
3.08
3.10
3.01
3.03
3.01
3.01
2.96
2.92
3.69
3.68
3.65
3.59
3.65
3.70
3.57
3.55
3.52
3.48
3.40
3.36
4.86
.83
.80
.74
.94
.11
.80
.76
.66
,56
4.48
4.45
3.14
3.12
3.09
3.05
3.20
3.25
3.15
3.12
3.10
3.06
2.98
2.93
4.39
4.37
4.37
4.33
.46
.57
.32
.30
.23
.15
4.07
4.03
3.35
3.33
3,29
3.24
3.30
3.33
3,23
3.23
3.19
3.18
3.14
3.13
1 94 1— January
February
March .
April
May
June
July
August
September
October
November
December
1.99
2.10
2.01
1.96
1.92
1.91
1.90
1.94
1.94
1.88
1.85
1.96
2.16
2.27
2.28
2.20
2.14
2.08
2.03
2.00
1.99
1.91
1.90
2.25
2.57
2.71
2.73
2.76
2.75
2.70
2.66
2.65
2.64
2.61
2.57
2.68
3.36
3.40
3.39
3.39
3.37
3.34
3.30
3.29
3.30
3.27
3.26
3.35
2.75
2.78
2.80
2.82
2.81
2.77
2.74
2.74
2.75
2.73
2.72
2.80
2.95
3.00
3.01
3.04
2.99
2.95
2.90
2.90
2.91
2.87
2.86
2.95
3.36
3.38
3.37
3.38
3.34
3.31
3.26
3.24
3.24
3.21
3.19
3.27
4.38
4.42
4.38
4.33
4.32
4.31
4.28
4.27
4.30
4.28
4.28
4.38
2.96
3.00
3.02
3.06
3.02
2.96
2.90
2.90
2.88
2.85
2.85
2.94
3.96
4.00
3.98
3.96
3.95
3.95
3.92
3.92
3.95
3.93
3.91
3.99
3.17
3.19
3.17
3.16
3.13
3.10
3.07
3.06
3.07
3.05
3,04
3.12
1
For description and sources of individual series, see introductory text, pp, 429-430.
* Annual averages for this series are as follows: 1933, 4.38; 1934, 3.93; 1935, 3.46; 1936, 3.19; 1937, 3.27; 1938, 3.12; 1939, 2.92; 1940, 2.77; 1941, 2.67
per cent.
BANKING AND MONETARY STATISTICS
472
NO. 129-BOND YIELDS, BY TYPE OF SECURITY, WEEKLY, 1934-1941
1
[Averages of daily figures except where otherwise indicated. Yields in per cent per annum]
U.S.
Government
Yield
Price1
Municipal2
(highgrade)
No. of issues....
2-6
2-6
15
1934
6
13 _ _ __
20
27
3.47
3.56
3.49
3.48
91.2
90.2
91.0
91.1
Feb
Feb
Feb
Feb
3
10
17
24
3.39
3.34
3.31
3.28
Mar
Mar
Mar
Mar
Mar
3
10
17
24
31
Apr.
Apr
Apr
Apr
7
14
21
28
May
May
May
May
5
12
19 _ _ _ _ _ _
26
Week ended
Corporate3
Corporate
(Moody's)
Aaa
17-29
30
4.83
4.73
4.63
4.59
4.34
4,27
4.20
4.23
4.43
4.41
4.34
4.30
7.54
7.42
6.90
6.67
92.1
92.7
93.1
93.4
4.59
4,56
4.54
4.42
4.17
4.17
4.12
4.10
4.26
4.22
4.20
4.17
6.47
6.28
6.25
6.20
3.31
3.25
3.17
3.15
3,15
93.1
93.8
94.8
95.0
95.0
4.41
4.35
4.18
4.16
4.21
4.11
4.07
4.04
4.07
4.05
4.17
4.15
4.12
4.13
4.13
6 33
6.33
6.22
6.23
6.23
3,14
3.10
3.11
3.09
95.1
95.6
95.5
95.7
4.15
4.12
4.10
4.09
4.02
4.00
3.98
3.98
4.12
4.09
4.06
4.04
6.19
6.03
5.97
5.92
3.06
3.02
3.02
3.02
96.1
96.6
96.6
96.6
4.04
4.02
4.01
3.99
3.95
3.96
3.93
3.91
4.04
4.03
4.02
3.99
5.94
6.01
6.10
6.08
June 2
June 9
June 16
June 23
June 30
3.00
3.00
2.97
2.98
2.97
96.8
96.8
97.2
97.1
97.2
3.95
3.93
3.89
3.87
3.83
3.89
3.89
3.86
3.87
3.87
3.97
3.94
3.93
3.92
3.91
6.12
6.12
6.04
6.01
6.05
July 7
July 14
July 2 1 . _ _ _ _ _ _
July 28
2.95
2.90
2.90
2.94
97.5
98.1
98.1
97.6
3.87
3.85
3.85
3.82
3.86
3.81
3.81
3.84
3.91
3.88
3.87
3.89
6.05
6.02
6 03
6.26
Aug
AUK
Aug
Aug.
2.95
3.01
3.05
3.05
97.5
96.7
96.2
96.2
3.83
3.88
3.88
3.88
3.88
3.90
3.85
3.85
3.90
3.91
3.95
3.93
6.40
6.49
6.61
6.47
3.05
3.12
3.20
3.25
3.23
96.2
95.4
94.4
93.8
94.0
3.92
3.94
3.95
3.93
3.92
3.85
3.86
3.93
3.92
3.91
3.93
3.93
3.95
3.98
3.96
6.44
6.51
6 61
6.67
6.51
Oct. 6
Oct 13
Oct. 20
Oct 27
3.18
3*. 11
3.06
3.05
94.6
95.5
96.1
96.2
3.90
3.90
3.82
3.80
3.88
3.85
3.83
3.81
3.95
3.93
3.90
3.87
6.50
6.44
6.38
6.34,
Nov
Nov
Nov
Nov
3
10
17
24
3.08
3.09
3.07
3.05
95.9
95.7
96.0
96.2
3.80
3.80
3.79
3.79
3.82
3.80
3.76
3.74
3.87
3.87
3.86
3.86
6.37
6.37
6 37
6.39
Dee 1
Dee. 8
Dec 15
Dec. 22
Dec. 29
3.05
3.02
3.02
2.99
2.99
96.2
96.6
96.6
97.0
97.0
3.75
3.73
3.71
3.67
3.65
3.72
3.69
3.66
3.67
3.66
3.85
3.84
3.81
3.81
3.80
6.35
6.26
6.24
6.22
6.22
1935
Jan. 5 . _ _ _ _ _ _
Jan. 12
Jan. 19
Jan. 26.- - - _ - _
2.96
2.91
2.88
2.83
97.3
98.0
98.3
99.0
3.61
3.58
3.57
3.55
3.62
3.61
3.60
3.56
3.80
3.78
3.78
3.76
6.12
6.00
6.04
5.90
Feb. 2
Feb. 9
Feb 16
Feb. 23
98,8
99.1
99.2
99.7
3.54
3,50
3.49
3.46
3.57
3.55
3.51
3.45
3.74
3.73
3.70
3.68
5.93
6.04
5.92
5.85
- Jan
Jan,
Jan
Jan
„
4
11
18
25
Sept 1
Sept 8
Sept 15
Sept. 22
Sept 29
. ._
. _ _=
______
______
2.84
2.82
2.81
2.77
Mar
Mar
Mar
Mar
Mar
2
9
16 _ _ _ _ _
23
.
30
2.74
2.75
2.78
2.79
2.77
100.1
100.0
99.6
99.5
99.7
3.46
3.44
3.44
3.37
3.38
3.45
3.48
3.52
3.48
3.54
3.66
3.65
3.68
3.67
3.67
5.95
6.00
6.21
6.30
6.33
Apr.
Apr.
Apr
Apr.
6.
13
20
27.
2.74
2.74
2.75
2.73
100.1
100.1
100.0
100.3
3.40
3.40
3.41
3.40
.3.47
3.47
3.46
3.49
3.68
3.66
3.65
3.65
6.32
6.15
6.12
6.02
.....
.
For footnotes see end of table, p. 474.
Corporate
(Moody's)
Corporate3
(highgrade)
Aaa
Baa
Yield
Price1
Municipal*
(highgrade)
1935
4
11
18
25
2.70
2.72
2.72
2.72
100.7
100.4
100.4
100.4
3.42
3.42
3.43
3.43
3.47
3.49
3.50
3.46
3.65
3:64
3.66
3.65
5.99
5.97
5.92
5.93
June 1
JuneS
June 15,,
June22_______...
June 29
2.75
2.74
2.72
2.72
2.71
100.0
100.1
100.4
100.4
10G.5
3.45
3.44
3.43
3.40
3.39
3.46
3.45
3.42
3.43
3.39
3.64
3.64
3.62
3.60
3.59
5.91
5.94
5.82
5.68
5.65
July 6 _ '
July 13.. - ._
July 20____ — ._
July 27
2.70
2.69
2.69
2.69
100.7
100.8
100.8
100.8
3.38
3.34
3.29
3.30
3.35
3.35
3.34
3.34
3.57
3.55
3.56
3.56
5.66
5.68
5.67
5.68
Aug.
Aug.
Aug
Aug.
Aug.
2.69
2.71
2.74
2.79
2.84
100.8
100.5
10C.1
99.5
98.8
3,31
3.31
3.32
3.35
3.40
3.37
3.39
3.45
3.47
3.50
3.56
3.57
3.59
3.62
3.64
5.62
5. 62
5.56
5.55
5.59
. ._ 2.82
2.83
. __ 2.89
2.87
99.1
99.0
98.2
98.5
3.42
3.43
3.45
3.46
3.48
3.45
3.46
3.49
3.63
3.60
3.59
3.58
5.57
5.50
5.53
5.55
Oct. 5
Oct. 12.
Oct 19
Oct. 26
2.88
2.86
2.83
2.83
98.3
98.6
99.0
99.0
3.50
3.47
3.45
3.42
3.49
3.48
3.44
3.42
3.56
3.54
3.53
3.51
5.56
5.57
5.54
5.52
Nov. 2
Nov. 9=
Nov. 16
Nov. 23
Nov 30
2.83
2.82
2.84
2.83
2.84
99.0
99.1
98.8
99.0
98.8
3.39
3.37
3.36
3.33
3.30
3.42
3.41
3.41
3.41
3.40
3.49
3.48
3.47
3.47
3.47
5.49
5.48
5.48
5.40
5.35
2.83
2.83
_ _ _ 2.84
_
2.82
99.0
99.0
98.8
99.1
3.30
3.29
3.30
3.32
3.39
3.40
3.38
3.37
3.46
3.44
3.45
3.43
5.32
5.30
5.32
5.28
2.80
2.80
2.78
2.80
99.4
99.4
99.6
99.4
3.32
3.31
3.26
3.25
3.33
3.31
3.31
3.31
3.42
3.39
3.37
3.35
5.22
5.10
4.99
4.95
2.80
2.79
.... 2.77
2.75
2.74
99.4
99.5
99.7
100.0
100.1
3.24
3.24
3.23
3.21
3.19
3.30
3.29
3.25
3.24
3.24
3.35
3.34
3.32
3.31
3.32
4.90
4.86
4.80
4.76
4.78
Mar 7
Mar. 14
Mar 21
Mar 28
2.72
2.72
2.71
2.69
100.4
100,4
100.5
100.8
3.18
3.17
3.18
3.19
3.21
3.26
3.24
3.26
3.30
3.30
3.30
3.29
4.79
4.83
4.88
4.90
Apr. 4
Apr 11
Apr. 18
Apr 25
2.69
2.68
2.67
2.67
100.8
100.9
101.0
101.0
3.19
3.18
3.16
3.16
3.25
3.24
3.23
3.24
3.28
3.27
3.29
3.30
4.91
4.86
4.88
4.93
May 2 .. . _ _ _ „
May 9
May 16
May 23
May 30
2.68
2.67
2.66
2.64
2.65
100.9
101.0
101.2
101.4
101.3
3.16
3.16
3.15
3.17
3.17
3.24
3.24
3.22
3.19
3.19
3.31
3.29
3.29
3.26
3.25
5.00
4.98
4.95
4.93
4.92
June 6 ."
June 13
June 20
June 27
2-. 66
2.66
2.66
2.67
101.2
101.2
101.2
101.0
3.17
3.17
3.16
3.15
3.19
3.19
3.19
3.20
3.24
3.24
3.25
3.24
4.92
4.89
4.88
4.89
July 4 .
July 11
July 18
July 25
2.66
2.65
2.66
2.66
101.2
101.3
101.2.
101.2
3.14
3.13
3.12
3.12
3.18
3.17
3.19
3.19
3.24
3.22
3.22
3.23
4.91
4.89
4.84
4.81
Aug.
Aug
Aug.
Aug.
Aug
2.65
2.64
2.62
2.61
2.59
101,3
101.4
101.7
101.8
102.1
3.12
3.10
3.07
3.05
3.02
3.18
3.18
3.18
3.18
3.17
3.23
3.22
3.22
3.21
3.21
4.79
4.77
4.74
4.74
4.74
Baa
5-20
U.S.
Government
Week ended
May
May
May
May
3
10
17
24_____..._
31
Sept. 7.
Sept. 14
Sept. 21
Sept 28
Dec. 7
Dee. 14
Dee. 21
Dee. 28
._
1936
Jan 4
Jan. 11
Jan 18
Jan. 25
Feb. 1
Feb 8
Feb. 15 Feb. 22
Feb. 29 .
1
8
15 .
22
29
MONEY RATES AND SECURITY MARKETS
473
NO. 129-BOND YIELDS, BY TYPE OF SECURITY, WEEKLY, 1934-1941-Continued
[Averages of daily figures except where otherwise indicated. Yields in per cent per annum]
U.S.
Government
Week ended
Yield
1936
5'
12
19
26
Price1
Municipal*
(highgrade)
Corporate3
(highgrade)
Corporate
(Moody's)
Aaa
U.S.
Government
Corporate
(Moody's)
Corporate3
(highgrade)
Aaa
Baa
Yield
Price1
Municipal2
(highgrade)
1938
Jan. ! „ _ _ _
Jan. 8
Jan. 15
Jan. 22
Jan. 29
2.68
2.67
2.65
2.63
2.66
100.9
101.0
101.3
101.6
101.2
3.12
3.08
3.04
3.00
2.99
3.14
3.15
3.15
3.17
3.20
3.19
3.16
3.15
3.16
3.21
5.78
5.81
5.71
5.85
6.08
Feb.
Feb.
Feb.
Feb,
2.65
2.66
2.64
2.62
101.3
101.2
101.4
101.7
2.99
2.99
3.00
2.99
3,18
3.15
3.14
3.12
3.23
3.21
3.19
3.19
6.11
6.04
5.94
5.87
2.61
2.62
2.65
2.64
101.8
101.7
101.3
101.4
2.98
2.96
2.96
2.99
3.14
3.15
3.17
3.19
3.18
3.19
3.22
3.24
5.86
6.03
6.27
6.44
Week ended
Baa
2.58
2.59
2.61
2.62
102.2
102.1
101.8
101.7
2.99
2.98
2.96
2.96
3.1(3
3.15
3.15
3.14
3.19
3.18
3.17
3.17
4.69
4.64
4.62
4.58
Oct. 3
Oct 10
Oct. 17
Oct. 24
Oct 31
2.62
2.62
2.62
2.62
2.63
101.7
101.7
101,7
101.7
101.6
2.96
2.94
2.95
2,93
2.93
3.15
3 . 15
3.14
3.14
3.14
3.19
3.19
3.19
3.18
3.18
4.57
4.53
4.52
4.53
4.55
Nov
Nov.
Nov
Nov
7
14
21
28
2.59
2.53
2.50
2.51
102.1
102.9
103.3
103.1
2.91
2.88
2.84
2.78
3.13
3.11
3.10
3.09
3.17
3.15
3.14
3.13
4.54
4.52
4.52
4.53
Mar. 5
Mar. 12...
Mar. 19
Mar. 26
Dec. 5
Dec 12
Dec. 19
Dec. 26.
2.51
2.51
2.51
2.52
103.1
103.1
103.1
103.0
2,78
2.77
2.75
2.75
3.07
3.06
3.03
3.03
3.11
3.10
3.09
3.11
4.51
4.50
4.51
4.57
Apr. 2
Apr. 9 .
Apr. 16—.
Apr. 23
___
Apr. 30 .
100.9
100.9
101.2
102,2
102.6
3.05
3.08
3.09
3.00
2.93
3.30
3.27
3.24
3.21
3.17
3.30
3.32
3.33
3.30
3.26
6.84
6.64
6.46
6.48
6.26
1937
Jan 2
Jan. 9
Jan. 16
Jan. 23
Jan. 30 .. _
2.68
2.68
2.66
2.58
2.55
2.48
2.46
2.46
2.46
2.47
103.5
103.8
103.8
103.8
103.7
2.74
2.73
2.77
2.78
2.86
3.07
3.06
3.07
3.10
3.16
3.10
3.08
3.08
3.08
3.13
4.55
4.51
4.48
4.47
4.52
May 7
May 14..,
May 21
May 28...
2.52
2.51
2.51
2.51
103.0
103.1
103.1
103.1
2.91
2.90
2.92
2.91
3.16
3.13
3.12
3.15
3.25
3.23
3.21
3.22
6.21
5.89
5.96
6.17
Feb 6
Feb. 13
Feb. 20
Feb. 27
2.46
2.46
2.47
2.46
103.8
103,8
103.7
103.8
2.89
2.94
2.98
3.03
3.19
3.26
3.24
3.25
3.17
3.20
3.26
3.23
4.52
4.50
4.54
4.56
June 4
June 11
June 18 „.
June 25 ...
2.49
2.50
2.52
2.53
103.4
103.3
103,0
102.9
2,91
2.90
2.89
2.91
3.15
3.15
3.16
3.14
' 3.23
3.22
3.26
3.29
6.25
6.23
6.41
6.31
Mar. 6
Mar. 13
Mar 20
Nov. 27
2.47
2.52
2.62
2.72
103.7
103.0
101.7
100.4
3.07
3.12
3.18
3.26
3.29
3.35
3.40
3.39
3.24
3.29
3.34
3.37
4.56
4.60
4.73
4.76
July 2
July 9
July 16
July 23
July 30 „
2.54
2.53
2.51
2.52
2.52
102.7
102.9
103.1
103.0
103.0
2.92
2.89
2.89
2.87
2,84
3.14
3.12
3.12
3.12
3.11
3.27
3.24
3.23
3.22
3.20
5.98
5.79
5.70
5.57
5.47
Apr. 3
Apr. 10
Apr. 17
Apr. 24
2.78
2.80
2.78
2.79
99.6
99.4
99.6
99.5
3.30
3.30
3.25
3.20
3.42
3.46
3.41
3.42
3.38
3.44
3.43
3.39
4.76
4.87
4.86
4.79
Aug.
Aug.
Aug.
Aug.
6
13--.
20
27
2.51
2.50
2.50
2.50
103.1
103,3
103.3
103.3
2.82
2.79
2.78
2,82
3.10
3.11
3.11
3.10
3.18
3.18
3.18
3.18
5.46
5.47
5.53
5.49
Mayl
May 8
May 15
May 22
May 29
2.80
2.76
2.77
2.77
2.75
99.4
99.9
99.7
99.7
100.0
3.21
3.18
3.13
3.13
3.12
3.40
3.38
3.37
3.33
3.32
3.40
3.36
3.34
3.33
3.30
4.86
4.81
4.81
4.86
4.88
Sept. 3
Sept. 10
Sept. 17..,
Sept. 24
2.52
2.54
2.61
2.58
103.0
102.7
101.8
102.2
2.88
2,87
3.01
3.04
3.12
3.11
3.12
3.12
3.18
3.19
3.20
3.21
5.50
5.53
5.65
5.70
June 5
June 12
June 19
June 26
2.75
2.75
2.76
2.77
100.0
100.0
99.9
99.7
3.09
3.09
3.12
3.13
3.30
3.29
3.30
3.33
3.30
3.27
3.27
3.27
4.89
4,86
4.91
4.95
Oct.
Oct
Oct.
Oct
Oct.
1
8
15
22
29
2.58
2.49
2.48
2.47
2.47
102.2
103.4
103.5
103.7
103.7
3.15
2.87
2.82
2.81
2.76
3.14
3.08
3.04
3.05
3.05
3.25
3.17
3.14
3.14
3.14
5.74
5.46
5.37
' 5.33
5.31
JulyS
July 10
July 17
July 24
July 31
2.76
2.74
2.73
2.71
2.68
99.9
100.1
100.3
100.5
100.9
3.13
3.09
3.08
3.06
3.05
3.31
3.27
3.27
3.26
3.25
3,29
3.27
3.25
3.25
3.23
5.05
4.91
4.89
4.89
4.92
Nov. 5
Nov. 12
Nov. 19.
Nov. 26 .,
2.48
2.48
2.50
2.51
103.5
103.5
103.3
103.1
2.73
2.71
2.74
2.77
3.05
3.04
3.04
3.05
3.12
3.10
3.09
3.10
5.28
5.24
5.20
5.23
Aug.
Aug.
Aug.
Aug.
7
14
21
28
2.68
2.69
2.72
2.77
100.9
100.8
100.4
99.7
3.02
3.02
3.00
3.00
3.24
3.24
3.25
3.25
3.22
3.21
3.24
3.26
4.93
4.92
4.91
4.93
2.51
2.48
2.48
2.49
2.48
103.1
103.5
103.5
103.4
103.5
2.74
2.77
2.75
2.76
2.71
3.04
3.04
3.03
3.01
3.01
3.10
3.09
3.09
3.09
3.07
5.24
5.28
5.29
5.29
5.23
Sept. 4
Sept 11
Sept. 18
Sept. 25
2.78
2.80
2.76
2.75
99.6
99.4
99.9
100.0
3.07
3.18
3.22
3.22
3.24
3.26
3.26
3.27
3.26
3.28
3.29
3.28
4.96
5.05
5.15
5.20
Dee 3
Dec. 10-.-. _ _ .
Dec. 17
Dec. 24
Dec. 3 1 _ _ _ ; _ _ _ _ _
1939
Jan. 7
Jan 14
Jan. 21
..
Jan. 28 .
2.48
2.47
2.45
2.48
103.5
103.7
104.0
103.5
2.70
2.69
2.71
2.71
3.00
2.96
2.95
2.96
3.04
3.01
3.00
3.02
5.13
5.11
5.08
5.14
Oct.
Oct.
Oct.
Oct
Oct.
2.76
2.76
2.76
2.77
2.75
99.9
99.9
99.9
99.7
100.0
3.21
3.19
3.22
3.30
3.23
3.26
3.27
3.27
3.26
3.24
3.29
3.28
3.28
3.29
3.27
5.32
5.30
5.48
5.72
5.62
Feb. 4
Feb. 11
Feb. 18
Feb 25
2.45
2.44
2.43
2.43
104.0
104.1
104.2
104.2
2.72
2.69
2.70
2.70
2.94
2.91
2.89
2.89
3.01
3.00
3.00
3.00
5.14
5.07
5.05
5.03
Nov. 6
Nov 13
Nov. 20
Nov. 27
2.73
2.74
2.70
2.69
100.3
100.1
100.7
100.8
3.19
3.17
3.15
3.18
3.22
3.21
3.22
3.22
3.23
3.24
3.24
3.25
5.65
5.76
5.75
6.00
Mar. 4
Mar. 11
Mar. 18
Mar. 25.. . ...
2.39
2,35
2.34
2.34
104.8
105.3
105.4
105.4
2.70
2.66
2.64
2.68
2.86
2.86
2.87
2.88
2.99
2.97
2.97
3.00
4.97
4.87
4.84
4.92
Dec
Dec.
Dec.
Dec
2.68
2.66
2.68
2.68
100.9
101.2
100.9
100.9
3.19
3.15
3.15
3.13
3.21
3.19
3.18
3.15
3.24
3.22
3.22
3.20
5.90
5.72
5.69
5.65
Apr
Apr
Apr
Apr
Apr
2.31
2.31
2.32
2.29
2.27
105.9
105.9
105.7
106.1
106.4
2.67
2.70
2.80
2.76
2.75
2.91
2.92
2.93
2,92
2.91
3.00
3.02
3.04
3.03
3.02
4.92
5.06
5.22
5.17
5.16
Sept
Sept
Sept
Sept
2
9
16
23
30
4
11
18
25
•.._
For footnotes see end of table, p. 474.
5
12
19
26....
1
8
15..
22 „
29
.
..
..
....
..
BANKING AND MONETARY STATISTICS
474
NO. 129-BOND YIELDS, BY TYPE OF SECURITY, WEEKLY, 1934-1941-Continued
[Averages of daily figures except where otherwise indicated. Yields in per cent per annum]
U.S.
Government
Week ended
Yield
Price1
CorMunicipal2
porate3
(high- (highgrade) grade)
Corporate
(Moody's)
Aaa
U. S. Government
Yield on—
Partially
taxTaxable Price1
exempt bonds
bonds
Week ended
Baa
Corporate
(Moody'e)
Municipal
(highgrade)
Corporate3
(highgrade)
Aaa
Baa
5.15
5.08
5.08
5.05
1940
Sept. 7
Sept. 14
Sept 21
Sept. 28
2.20
2.20
2 17
2.15
107.4
107.4
107.8
108.1
2.48
2.45
2.44
2.39
2.74
2.72
2.71
2.69
2.84
2.83
2.82
2.81
4.70
4.69
4.68
4.62
2.95
2.93
2.93
2.92
4.96
4.91
4.89
4.90
Oct.
Oct.
Oct.
Oct.
5
12
19
26
2.14
2.09
2.09
2.09
103.2
10S.9
103.9
103.9
2.37
2.35
2.33
2.28
2.69
2.71
2.71
2.70
2.79
2.79
2.78
2.78
4.59
4.57
4.56
4.54
- 2.77
2.76
2.76
2.75
2.75
2.91
2.90
2.89
2.89
2.90
4.92
4.92
4.87
4.82
4.79
Nov.
Nov.
Nov.
Nov
Nov.
2
9
16
23
30
.
2.08
2.00
1.96
1 94
1.93
109.1
110.2
110.8
111.1
111.2
2.26
2.23
2.18
2.15
2.16
2.69
2.68
2.66
2.64
2.63
2.79
2.78
2.76
2.74
2.73
4.54
4.52
4.47
4.47
4.47
2.65
2.66
2.69
2.78
2.74
2.75
2.77
2.83
2.90
2.91
2.92
2.95
4.78
4.79
4.82
4.92
Dec. 7
Dec. 14
Dec. 21
Dec. 28... ..
1.92
1.87
1.89
1.88
111.4
112.1
111.8
112.0
2.12
2.04
2.07
2.08
2.60
2.59
2.58
2.59
2.71
2.71
2.71
2.72
4.48
4.45
4.44
4.45
105,6
102.6
101.4
100.1
100.1
2.96
3.32
3.26
3.29
3.29
2.92
3.33
3.31
3.32
3.30
3.00
3.20
3.24
3.28
3.31
4.99
5.09
4.97
4.98
4.96
1941
Jan. 4
Jan. 11
Jan. 18
Jan. 25
1 92
1.97
1.98
2.02
in. 4
110.7
110.5
109.9
2.06
2.17
2.14
2.17
2.58
2.57
2.56
2.58
2.72
2.75
2.74
2.76
4.43
4.41
4.38
4.37
2.72
2.66
2.54
2.61
100.4
101.2
102.7
103.1
3.26
3.17
3.02
2.85
3.24
3.19
3.12
3.05
3.24
3.20
3.14
3.09
4.94
4.92
4.88
4.84
Feb. 1
Feb. 8
Feb. 15.
Feb. 22
2 04
2.09
2.11 !
2.12 I
109.7
108.9
108.7
108.5
2.15
2.21
2.22
2.32
2.59
2.65
2.70
2.75
2,76
2.76
2.76
2.79
4.36
4.40
4.41
4.46
Nov. 4... .
Nov. 11
Nov. 18
Nov. 25
2.52
2.51
2.47
2.40
103.0
103.1
103.7
104.6
2.82
2.74
2.68
2.65
2.99
2.95
2.93
2.91
3.07
3.01
2.99
2.98
4.83
4.85
4.87
4.84
Dec. 2
Dec. 9
Dec. 16_...
,Dec. 23
Dec. 30
1940
Jan. 6..
Jan. 13
Jan. 20
Jan. 27
104.9
104.6
105.0
105.7
106.0
2,90
2.89
2.85
2.84
2.83
2;97
2.96
2.95
2.93
2.92
4.88
4.92
' 4.92
4.94
4.93
2.06
2.05
2.00
1.99
2.00
109.4
109.5
110.2
110.4
110.2
2.38
2.40
2.37
2.32
2.30
2.57
2.58
2.58
2.55
2.52
Mar. 1
Mar. 8... ...
Mar. 15
Mar. 22.. „
Mar. 29
2.32
2.31
2.31
2.26
2.22
2.76
2.75
2.72
2.73
2.74
2.79
2.78
2.78
2.78
2.83
4.44
4.41
4.39
4.36
4.35
Apr.
Apr.
Apr.
Apr.
2.00
2.01
1.97
1.91
110.2
110.1
110.7
111.5
2.23
2.22
2.21
2.18
2.73
2.75
2.77
2.77
2.82
2.82
2.83
2.82
4.33
4.34
4.35
4.34
2.28
2.28
2.32
2.31
106.3
106.3
105.7
105.9
2.52
2.49
2.54
2.55
2.82
2.80.
2.82
2.81
2.89
2.87
2.88
2.87
4.85
4.83
4.88
4.87
Feb. 3
Feb. 10
Feb. 17.. .
Feb. 24
2.33
2.32
2.31
2.32
2.82
2.79
2.78
2.79
2.87
2.87
2.85
2.85
111, 5
111.4
111.2
111.1
111.7
105.6
105.7
105.9
105.7
2.61
2.59
2.56
2.61
1.91
1.92
1.93
1.94
1.90
4.85
4.84
4.83
4.82
2.18
2.17
2.14
2.12
2.11
2.76 j 2.81
2.81
2.76
2.82
2.76
2^82
2.75
2.82
2.75
4.32
4.31
4.31
4.32
4.33
2.33
2.28
2.24
2.24
2.22
2.80
2.78
2.77
2.76
2.75
2.86
2.85
2.85
2.84
2.83
4.84
4.83
4.80
4.80
4.80
111.8
lli.l
111.5
105.6
106.3
106.8
106.8
107.1
2.65
2.63
2.57
2.56
2.54
1.89
1.89
1.94
1.91
in. 8
Mar. 2..,
Mar. 9
Mar. 16
Mar. 23
Mar. 30 .
June 7
June 14
June 21
June 28
2.08
2.08
2.08
2.07
2.74
2.72
2.69
2.66
2.81
2.78
2.77
2.75
4.33
4.32
4.31
4.29
July 5
July 12
July 19
July 26
1.90
1.90
1 91
1.90
111.7
111.7
111.5
111.7
2.05
2.03
2.04
2.03
2.65
2.66
2.65
2.67
2.75
2.74
2.74
2.74
4.30
4.29
4.28
4,27
Apr. 6
Apr. 13
Apr. 20
Apr. 27
2.20
2.24
2.27
2.28
107,4
106.8
106.4
106.3
2.50
2.61
2.58
2.56
2.72
2.73
2.76
2.76
2.82
2.82
2.83
2.83
4.75
4.74
4.75
4.75
May 4
May 11...
May 18
May 25
2.25
2.28
2.43
2.47
106.7
106.3
104.2
103.7
2.55
2.54
2.94
3.01
2.74
2.73
2.90
2.98
2.82
2.82
2.92
3.02
4.71
4.68
4,90
5.13
Aug 2
Aug. 9
Aug. 16
Aug. 23
Aug. 30
1 90
1 93
1.97
1.95
1 92
111.7
111.2
110.7
111.0
111.4
2.00
1.98
2.01
2.01
2.01
2.65
2.65
2.65
2.66
2.65
2.74
2.74
2.75
2.75
2.74
4.27
4.26
4.27
4.29
4.28
June 1
June 8.
June 15
June 22..
June 29
2.48
2.49
2.41
2.33
2.32
103.5
103.4104.5
105.6
105.7
3.03
3.02
2.96
2.77
2.66
2.99
2.98
2.96
2.90
2.87
3.04
3.03
2.98
2.92
2.91
5.22
5.22
5.19
5.09
4.97
Sept. 6.
Sept. 13
Sept. 20
Sept 27
1.91
1.94
1 95
1 94
111.5
111 1
111.0
111.1
2.00
1 99
1.99
1.99
2.64
2 65
2.64
2.64
2.74
2.74
2.75
2.75
4.27
4-28
4.30
4.33
Oct. 4
Oct 11
Oct. 18
Oct. 25
1.92
1 90
1.90
1.87
2.23
111.4
111.7
111.7
112.1
1.96
1.92
1.90
1.90
2.63
2.62
2.60
2.61
2.74
2,73
2.73
2.73
4.31
4.27
4.28
4.28
2.29
2.30
2.29
2 . 25
106.1
106.0
106.1
106.7
2.62
2.56
2.53
2.49
2.86
2.85
2.84
2.85
2.88
2.88
2.87
2.87
4.90
4.82
4.77
4.77
Nov.
Nov.
Nov.
Nov.
Nov.
1.83
1.83
1.84
1.86
1.85
2.22
2.20
2.21
2.23
2.23
112.7 '
112.7
112.6
112.3
112.4
1.89
1.89
1.90
1.89
1.90
2.59
2.57
2.56
2.57
2.58
2.73
2,72
2.72
2.72
2.72
4.28
4.26
4.28
4.29
4.29
1939
6
13
20
27
2.24
2.17
2.14
2.13
106.8
107.8
108.2
108.4
2.68
2.67
2.63
2.67
2.89
2.87
2.84
2.83
3.00
2.98
2.96
2.96
JuneS
June 10
June 17..
June 24
2.10
2.09
2.15
2.16
108.8
108.9
108.1
107.9
2.64
2.64
2.63
2.62
2.82
2.80
2.77
2.76
Julyl
JulyS
July 15
July 22
July 29
2.19
2.18
2.16
2.16
2.14
107.5
107.7
107.9
107.9
108.2
2.63
2.66
2.63
2.65
2:64
Aug. 5
Aug. 12
Aug. 19,.
Aug. 26. ..
2.14
2.17
2.17
2.27
108.2
107.8
107.8
106.4
Sept. 2.
Sept. 9
Sept. 16
Sept. 23 _
Sept. 30
2.33
2.55
2.64
2.74
2.74
Oct. 17
Oct. 14
Oct. 21_...
Oct. 28. .
May
May
May
May
July 6.--..
July 13..
July 20
July 27
.
2.82
2.48
3 .
2.24
106,8
106.7
2.80
2.46
10
2.25
2.50
2.81
106.3
17
-. 2.28
2.25
106.7
2.80
24
2.50
2.51
107.0
2.80
31. _._.... 2.23
1
Prices derived from average yields of partially
2
Wednesday figures.
' Saturdayfiguresprior to April 9, 1938.
Aug.
Aug.
Aug.
Aug.
Aug.
5
12
19
26
May 3
May 10.
May 17
May 24
May 31
..
1
8
15
22
29... _
4.77
2.87
1.87
2.85
2.27
4.75 Dec. 6
112.1
4.78 Dec. 13
1.98
2.86
2.39
110.5
1.97
2.85
4.78 Dec. 20
110.7
2.39
2.41
2.84
4.75 Dec. 27...._. 2.02
109.9
tax-exempt bonds on basis of a 2M per cent 16-year bond.
1.91
2.59
2.38
2.65
2.29
2.71
2.32
2.74
See introductory
2.72
4.28
2.79
4.36
2.81
4.40
2.84
4.41
text, p. 429.
MONEY RATES AND SECURITY MARKETS
475
NO. 130-BOMD PRICES, BY TYPE OF SECURITY, MONTHLY, 1919-1941*
[Price per $100 bond]
Year and month
MunicU.S.
ipal
Govern- (highment2 grade)
Corporate
2—6
1919
1920
15
(3)
91 9
85 9
J
94.0
87 7
81.9
75 2
1921
1922
1923
1924
1925
88
96
95
99
101
2
6
9
3
7
86.4
96 9
96.7
97.3
98 8
76.6
85 5
85.0
86.6
88 3
1926
1927
1928
1929
1930
103 8
108 1
108 3
104 8
108 8
98 9
100 3
99.3
96.5
99 0
90 1
91 6
91 8
89.1
90 9
1931
1932
1933
1934
1935
=92
88
93
95
99
8
9
1
4
5
100.0
91.7
91.0
99 7
108.6
92.8
84 4
91.2
98 2
105 5
1936
1937...
1938
1939..
1940
101 3
100.9
102 5
105 2
107 2
113.8
113.3
116.6
119.0
123.6
109 5
110.2
111 1
113.8
115 9
1941
111 0
130.9
117 8
92 9
92 2
91 9
92 0
92 5
92 3
92 0
91 3
91.9
92 1
91.0
90 1
94.3
94.0
93.1
93 2
93.8
94.2
94.2
94.1
94.2
94.1
94.1
93.8
83.2
83 4
83 0
82 7
83 0
82 9
82 5
81 1
80.8
81 3
79.9
78 7
1920
January
February
March
April
May
June.'..
July....
August
September
October
November
December
89 8
88 6
88 2
86 3
83 4
83 8
83.5
82 6
84.8
88 3
87.0
85 1
93.1
92.0
92 0
89.4
87.1
84.9
84.6
84.3
85.0
86.8
87.2
86.3
78 7
77 1
76 9
75 5
73 8
73 2
73.1
74 0
75.0
76 3
75.5
73 8
1921
January
February
March.
April
May
June..^
July
August...
September
October
November
December
86 8
86.3
86 4
86 7
86 6
86 4
86 5
86.9
87.9
90 8
92 8
94.7
86 9
86.1
86.2
86.1
86 1
84.4
83.7
84.6
85.9
86.7
88 3
93.2
75 2
75.6
75 3
75 4
75 3
74.5
75 2
76.5
77.2
78 0
80 0
81.5
1922
January
February
March.
April..,
May
June
July....
August
September
October
November
DfiCRir>ber
94 9
94 3
95.3
96 8
97.0
97 2
98.4
98.6
97 8
96.6
96.2
96 3
94 3
94 3
95.1
97.3
97.7
97 6
97.2
97.6
98 5
98.1
97.3
98 0
82 8
83 4
84.1
84.9
85 3
85 4
86.4
87.2
87 6
87.0
86.0
86.3
1919
January
February
March
April
May
June
July
August
September
October
November
December
.
U.S.
Govern! ment 2
Municipal
(highgrade)
Corporate
(highgrade)
96.3
96 2
95.7
95.6
95 8
96.1
96.1
96.0
95.9
95.4
95.8
96 0
98 2
98 4
98.0
97 6
97 3
97.2
95 9
95.6
95.2
95 5
95.7
95 4
86.3
85 8
84.8
84.4
84 8
84.9
84.8
85.2
84.8
84.6
84.9
84 9
96.6
96.8
96 8
97.3
98.3
100.2
100.7
101.1
100.9
101.5
101.2
100.5
95.9
95.9
95 9
96.0
96 9
97.4
97 8
98.0
98.9
98.6
98.8
98.4
85,6
85.6
85 5
85.5
86.1
86.8
87.3
87.2
87.2
87.6
87.6
87.5
1925
January. ,
February
March
April.
May
JuneJuly
August
September
October
November
December
100.5
100.6
100.5
100.8
101.5
102.5
102.5
101.8
101.8
102.1
102.5
102.4
98.6
98 9
99.1
99 3
99.7
99 9
99.2
99 6
98 4
98.0
97 1
98.2
87.5
87.7
87.7
88.2
88.7
88.9
88.6
88 0
88.4
88.4
88.5
88.9
1926
January
February
March
April, _May.
June
July..
August
September
October
November.
December
102.7
103.5
103.5
103.6
104.0
104.0
103.8
103.6
103.6
103.8
104.6
105.3
98.6
98.8
98 8
99.1
99 2
99.2
99 2
99.5
98 9
98 8
98.8
99 1
89.3
89.6
89.6
89.9
90 4
90.4
90 0
90.2
90 2
90.3
90.8
90.9
February
March
April...
May
June
July
August
September
October.
November
December
106.0
106.3
107.7
108.0
108.5
108.1
107.9
108.4
108.7
108.8
109,6
110.4
99.5
99.5
100 0
100 6
100 8
100.0
99 7
100 0
100 6
101 0
101 0
101.4
91.0
91.1
91.4
91.7
91 8
91.4
91.4
91.0
91 4
92.3
92.5
92.7
1928
January
February
March
April..
May
June
July
August
September
October
November
December
110.2
110.1
110.4
110.0
109.4
108 8
107.1
106.3
106.6
106 5
107.6
106.7
101 5
101.5
101 5
101 0
99 7
98 8
98 2
97 8
97 7
97 7
98 0
98 0
93.0
92.8
93.1
93.1
92.8
91 7
91.1
90.6
91.0
90 9
91.2
90.5
1929
January
February.
March
April
May, . . .
June
105.8
104.6
103.1
104 3
104.3
103.7
97.8
96.6
95 8
96 5
96.9
96.6
90.9
90.9
90.8
89 6
89.3
89.3
Year and month
1923
January
February
March.. _.
April
May
June
July
August ...
September
October
November
December
1924
January
February
March
April
May. .
June
July.
August ,.
September.
October..
November
December
January
1927
_.
Year and month
MunicCor*
U.S.
ipal
porate
Govern- (high(highment 2 1 grade) 1 grade)
1929
July
August
September
October
November
December
104 3
103 5
103.6
104 7
108 0
107.9
96 3
95 9
95.8
96 2
96 7
97.1
1930
January
February
March..
April
May
June
July
August
September
October.
November
December
107.0
107 2
108.8
107 7
108 5
109.3
109.3
109 2
109 4
109.8
110 1
109.7
97.0
96 9
98.4
98 5
98 6
98.7
99.3
100 5
100 4
100.8
100 1
99.3
88.9
89 0
89 2
90 0
90 4
90 5
91.1
91 2
92 1
92.7
92 8
92.3
2
94.4
93 2
93.6
93 7
94.9
95 2
95.0
94 6
93 8
89 4
89 4
86 1
101.1
100 7
101.6
102.7
103.6
103 4
102.1
102 3
101.2
95 3
94 5
91 7
91.1
92.6
92.8
93 3
95.6
94 5
94.6
94 7
94.5
94 0
90,2
88 0
1932
January
February
March
April
May....
June
July
August
September
October
November
December
82 6
84.2
86 2
88 8
87 9
87 9
90 0
91 5
91 8
91 7
91 5
92 6
88 3
87.2
90 0
90 6
90.2
89 7
90.1
93 5
94 9
95 2
94 9
95 2
85.1
84.2
81 7
84.2
82.3
82.7
82.2
82.1
85 2
87 3
87 6
87 8
1933
January
February
March..
April
May...,
June ..
July
August
September
October
No ve m ber
December
94 2
93 1
91 8'
91 8
93.2
94 3
34 4
94 3
94 5
94 2
91 3
90 5
97 0
96 3
88.8
87 0
84.4
90 9
92.3
92 9
92 3
92 3
88 8
88 8
88 6
93.1
87.8
87 8
86.5
91.2
92.6
93.7
94 2
93 7
93 7
91 0
1934
January
February
March
April....
May.
June
July
August.,
September
October
November
December
90 9
93 0
94 4
95.5
96 6
97 1
97 8
96 5
94 4
95 6
96 0
96 7
91 3
93 7
97 0
98.5
100 0
101 7
102 1
101,7
100 9
102 2
103 0
104 4
93 0
95.0
96 0
97.4
98.1
98 6
99 9
100.0
100 1
99 2
99 9
100 8
1935
January
February
March
April
May
June
July
August
September
October
November
December
98 3
99 5
99 7
100 1
100 4
100 4
100 8
99 9
98 7
98 7
99 0
99.0
106 1
107 5
108 6
108 7
108 2
108 5
109 8
109 5
108 1
108 0
109 6
110.2
101 5
103 4
104 5
104 7
105 5
105 7
106 6
107 5
106 7
106 4
106 6
107.0
1931
January
February
March
April
May
une
July
August
September
October
November
December
For footnotes sec end of table, p. 476.
NOTE.—Figures on medium- and lower-grade and defaulted corporate bonds are shown beginning with 1937 on p. 476.
88
88
88
87
88
87
5
3
0
9
2
6
BANKING AND MONETARY STATISTICS
476
NO. 130-BOND PRICES, BY TYPE OF SECURITY, MONTHLY, 19l9-19411-Continued
[Price pet $100 bond]
Year and month
U.S.
Government 2
Number of issues. - 1936
January. ,_.
Februar y _ , _ _ . . „ . _ _
_ __ __
March.,
_,_„ , _ _ _ _ _ _ _ _ _
April,
„
May
_______ _ _ _ _
June,,,, _ _ , _ _
July___
August.. . . _ _ _ _ _ .
_.
September.. ...... _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
October
, ..
November,, _ , „ „ , , . _ _ _ _
December
...... _ _ . _ . _ _ . _ _ _ . .
1937
January
February
March.., .„...._
.....
April
May.... .
.....
June
July
August...
.....
September....... .
_____
October
November
_ .
December. _ „ „ „ _ „ _ , ... .......
1938
January
February
March........
_____
April.
May.
„,
.....
June
July.. ......
. .
August
September
October.. ......... _ _ _ _ _
November
December... .
......
1939
January,, „ , _ „
_____
February
March,,. ..
__._„
April
May... _.
June.. _ _ _ _ „ _ _ , _ _
......
July .
August......
-.__.
September
October,. .....
,..„_
November
December
1940
January . , _ „ _ . _
.....
February
March..... ...
___„_
AprilMay
..
..._,
June
July..... .
.....
August
September
.....
October
November
...
December
1941
January
February „
March
April
May,
_. „
____„
June
July
August. „„„.....
.....
September
October
November. «... „ _ _
___ . _
December
_____
2=6
Municipal
(high-grade)
15
High-grade
C3)
Corporate
Medium- and lower-grade4
1 1 Industrial
Railroad
10
20
Total
50
99.4
99.7
100.5
100.9
101.2
101.2
101.3
101.8
102.0
101.7
102.9
103.1
110.7
111.5
112.1
112.2
112.4
112.4
112.9
114.0
115.4
116.0
117.4
119,0
118.6
115.6
112.0
111.2
112.7
113.2
113.9
114.8
112.1
111.2
112.2
112.6
112.1
111.1
109.1
108.3
109.2
110.2
110.5
110.8
110.2
110.1
110.6
110.7
102.3
102.7
100.7
98.1
98.1
97.8
98.5
98.7
95.0
89.0
85.1
83.6
101.3
101.4
101.4
101.7
103.1
103.0
103.0
103.1
102.2
103.5
103.3
103.4
114.5
115.1
115,2
114.6
116.4
116.5
117.1
118.0
114.7
118.0
119,3
119.2
110.7
110.6
110.2
109.0
110.7
"110.8
111.2
111.6
111.2
111.6
112.4
112.8
103.7
104.1
105.4
106.0
107.8
108.4
107.9
107.2
101.3
102.0
103.8
105.3
120.0
120.0
120.5
119.1
120.7
121.2
121.0
119.2
110.4
113,8
120.1
122.5
106.0
105.7
106.7
106.7
104.9
104.8
106,3
106.7
107.7
108 . 8
110.7
111.8
110.4
10S.8
110.1
110.8
111.4
111.5
111.7
111.1
111.1
112.0
112.4
110.7
Defaulted *
15
110.7
110.7
111.6
103.7
103.8
102.0
99.4
99.9
99 9
100.4
100.4
99.7
99.9
100.5
101.0
Public utility
20
107.6
108.2
108.5
109.1
109.1
109.3
109.9
109.7
^
no. 2
102.6
103.2
101.6
98.9
99.9
101.3
102.1
102.8
99.1
94.0
91.2
88.7
101.4
101.7
100.3
97.4
97.2
95.9
95.8
95.1
90.3
80.7
74.0
73.1
102.8
103.2
100.3
97.9
97.3
96.1
97.5
98.2
95.4
91.6
90.1
89.0
39.6
39.7
39.5
37.0
34.8
31.5
31.4
29.8
25.3
19.9
17.6
17.8
82.1
81.4
77.4
74.4
80.3
79.3
87.5
87.5
84.5
88.7
89.3
88.1
89.8
88.2
80.7
77.9
83.1
79.6
90.6
91.7
88.7
92.1
91.7
86.7
68.4
70.1
65.9
61.2
67.5
67.5
77.7
77.8
73.2
79.0
79.6
78. 4
93,3
85.9
85.9
84.0
90.2
90.7
94.1
92.8
95.2
95.1
96.6
95.8
17.2
17.1
14.8
13.5
13.8
14.0
16.2
15.2
13.1
15.0
15.7
15.1
113.3
113,9
114.2
114.0
115.0
115.3
115.6
114.8
109.6
111.4
113.6
114.4
88.5
89.2
91.0
85.3
86.9
89.2
89.6
90.0
88.9
91.4
92.3
92.1
89.8
90.2
92.2
88.2
90.1
92.1
91.6
91.9
89.3
91.4
93.3
94.5
79.7
79.2
82.3
72.7
72.3
75.0
75.8
76.0
80.1
83.4
81.3
79.1
95.9
98.3
9S.7
95.1
98.5
100.4
101.5
102.1
97.0
99.3
102.2
102.0
15.3
14.6
14.7
11.8
12.5
13.0
12.7
12.2
14.9
15.8
14,4
13.8
122.8
121.7
122.2
122.4
118.1
117.4
122.9
123.6
124.6
126.8
129.4
131.4
115.1
115.1
115,2
116.4
114.6
113.9
115.7
115.6
116.5
117.2
118.0
117.7
92.8
93.2
94.5
96.4
91.8
89.2
94.5
94.9
96.3
97.7
98.5
98.1
95.0
94.7
96.7
98.9
93.5
90.4
96.1
97.0
98.3
i 101.1
103.0
102.8
80.7
S2.4
B4.4
§6.3
81.2
78.6
83.6
83.5
85.1
86.4
86. §
86.2
102.8
102.4
102.3
103.8
100.8
99.2
103.8
104.3
105.3
105.9
105.9
105.3
14.0
14.1
14.7
15.3
12.1
10.7
12.6
12.8
14.5
15.0
15.3
16.4
129.8
127.8
127.6
128.9
130.2
131.4
132.3
132.8
133.0
134.5
134.9
128.1
117.7
116.7
116.9
116.8
117.0
117.7
118.7
118.5
118.1
118.8
119.2
117.5
99.2
97.5
98.4
99.5
99.3
99.2
99.9
99.6
98.0
99.2
99.4
97.4
i 103.0
101.7
102.2
103.1
102.4
103.3
104.8
104.9
105.1
105.3
105.9
105.0
89.0
87.1
S8.4
89.5
89.4
87.9
87.8
86.8
84.5
85.0
84.9
82.4
'
105.6
17.9
103. 8
17.5
104.6
19.3
106.0
20.7
106.2
21.0
106.3
21.6
107.1
23.9
107.324.9
107.2
24.4
107.2
25.1
107.4
24.8
104.7
21.9
1
Prices derived from average yields on basis of specified coupon rate and term to maturity which vary for different series. For description
and sources of individual series, see introductory text, pp. 429-30.
2
Price derived from average yields of partially tax-exempt bonds, on basis of 4 per cent 16-year bond through December 1930 and on basis of
2% per cent 16-year bond thereafter.
3
Based for period 1919-1928 on 45 high-grade bonds; 1929=1936, on a varying number of high-grade bonds; 1937=1941, on 15 high-grade bonds,
4
Annual averages for these series are as follows (price per $100 bond):
Medium- and lower-grade
Year
1937_____. _ _ _ _ _ _ _ _
1938,,
1939
1940
1941,,,-,,,,,,,,,,
Total
95.8
83.4
89.5
94.8
98.9
|| Industrial
98.8
86.7
91.2
97.3
103.9
Railroad
91.9
72.2
78.1
83.8
86.9
Public
utility
96.6
91.6
99.3
103.5
106.1
Defaulted
30.3
15.1
13.8
14.0
21.9
MONEY RATES AND SECURITY MARKETS
477
NO, 131-BASIC YIELDS OF CORPORATE BONDS, BY TERM TO MATURITY, 1900-1942
[Per cent per annum]
Years to maturity
Year
0
1
2
1900
14.25 13.97 13.75 13.58
1901
1902
1903
1904
1905
3.25 3.25
23.30 23.30
3.45 3.45
3.60 3.60
3.50 3.50
1906
1907
1908
1909
1910
4
5
6
7
8
9
10
12
14
13.45
13.36
3.30
3.30
3.30
3.30
3.30
3.30
3.30
3
3.25 3.25
2
3.30 23.30
3.45 3.45
3.60 3.60
3.50 3.50
3.25 3.25 3.25 3.25 3.25 3.25 3.25 3.25 3.25
2
3 30 23.30 23.30 23.30 23.30 23,30 23.30 23.30 23.30
3.45 3.45 3.45 3.45 3.45 3.45 3.45 3.45 3.45
3.60 3.60 3.60 3.60 3.60 3.60 3.60 3.60 3.60
3.50 3.50 3.50 3.50 3.50 3.50 3.50 3.50 3.50
15.25 14.75 14.35 14.04 13.81 13.67 13.59 3.55 3.55 3.55
15.75 14.87 14.43 14.15 13.97 13.87 13.82 3.80 3.80 3.80
._ 15.50 15.10 14.80 H.58 14.42 14.30 14.21 14.14 14.09 14.05
4.05 4.03
.01 4.00 3.98 3.97 3.95 3.94 3.93 3.92
.21 4.17 4.13 4.10 4.07 4.05 4.03 4.01
4.30 4.25
15
20
25
3.30
3.30
3.30
3.25 3.25 3.25
2
3.30 23.30 23.30
3.45 3.45 3.45
3.60 3.60 3.60
3.50 3.50 3.50
30
40
50
60
3.30
3.30
3.30
3.30
3.25 3.25 3.25 3.25
2
3.30 23.30 23.30 23.30
3.45 3.45 3.45 3.45
3.60 3.60 3.60 3.60
3.50 3.50 3.50 3.50
3.55 3.55 3.55
3.80 3.80 3.80
14.02 13.98 13.96
3.91 3.89 3.87
3.99 3.96 3.93
3.55
3.80
3.95
3.86
3.92
3.55
3.80
3.95
3.82
3.87
3.55
3.80
3.95
3.79
3.83
3.55
3.80
3.95
3.77
3.80
3.55
3.80
3.95
3.75
3.80
3.55
3.80
3.95
3.75
3.80
3.55
3.80
3.95
3.75
3.80
1911
1912
1913 „ _ _
1914
1915 . ..
4,10
4.05
4.95
4 70
4.50
4.09
4.04
4.74
4 64
4.47
.08
.03
.59
58
,45
4.07
4.02
4.48
4 53
4.43
4.06
4.01
4.39
4.49
4.41
4.05
4.00
4.31
4 45
4.39
4.04
3.99
4.25
4 42
4.38
4.03
3.98
4.20
4 39
4.36
4.02
3.97
4.17
4 36
4.34
4.02
3.97
4.14
4 34
4.33
4.01
3.96
4.12
4.32
4.31
3.99
3.95
4.09
4.28
4.28
3.98
3.93
4.07
4 24
4.26
3.97
3.93
4.06
4 22
4.25
3.94
3.91
4.02
4 16
4.20
3.92
3.90
4.00
4 12
4.17
3.90
3.90
4.00
4.10
4.15
3.90
3.90
4.00
4.10
4.15
3.90
3.90
4.00
4.10
4.15
3.90
3.90
.00
.10
.15
1916
1917
1918
1919
1920
2.75
4.05
5.55
5.75
6.25
3.48
4.05
5.48
5.58
6.11
3.81
4.05
5.41
5.43
5.99
3.94
4.05
5.35
5.32
5.89
4.00
4.05
5.30
5.23
5.80
4.03
4.05
5.25
5.16
5.72
4.05
4.05
5.20
5.10
5.65
4.05
4.05
5.16
5.05
5.59
4.05
4.05
5.12
5.02
5.53
4.05
4.05
5.08
4.99
5.47
4.05
4.05
5.05
4.97
5.43
4.05
4.05
4.99
4.93
5.35
4.05
4.05
4.93
4.89
5.29
4.05
4.05
4.91
4.87
5.26
4.05
4.05
4.82
4.81
5.17
4.05
4.05
4.77
4.77
5.12
4.05
4.05
4.75
4.75
5.10
4.05
4.05
4.75
4.75
5.10
4.05
4.05
4.75
4.75
5.10
.05
.05
.75
.75
5.10
1921
1922
1923
1924
1925
27.25 26.94 26.70 26.51
5.35 5.31 5.28 5.25
5.05 5.01 4.98 4.95
5.05 5.02 4.99 4.96
3.30 3.85 4.18 4.34
6.35
5.22
4.92
4.93
4.42
6.21
5.119
4.90
4.90
4.46
6.09
5.16
4.88
4.88
4.48
5.98
5.14
4.86
4.86
4.49
5.89
5.11
4.84
4.84
4.49
5.81
5.08
4.82
4.82
4.50
5.73
5.06
4.80
4.80
4.50
5.60
5.01
4.77
4.77
4.50
5.50
4.97
4.74
4.74
4.50
5.46
4.95
4.73
4.73
4.50
5.31
4.85
4.68
4.69
4.50
5.22
4.77
4.64
4.67
4.50
5.17
4.71
4.61
4.66
4.50
5.15
4.64
4.60
4.65
4.50
5.15
4.61
4.60
4.65
4.50
5.15
4.60
4.60
4.65
4.50
1926
1927
1928
1929
1930
4.40
4.30
4.05
5.60
4.40
4.40
4.30
4.05
4.79
4.40
4.40
4.30
4.05
4 72
4.40
4.40
4.30
4.05
4 67
4.40
4.40
4.30
4.05
4 64
4.40
4.40
4.30
4.05
4 61
4.40
4.40
4.30
.05
.59
.40
4.40
4.30
4.05
4.57
4.40
.40
.30
.05
.53
.40
4.40
4.30
4.05
4 50
4.40
4.40
4.30
4.05
4 49
4.40
4.40
4.30
4.05
4.45
4.40
4.40
4.30
4.05
4.43
4.40
.40 4.40
.30 4.30
.05 4.05
.42 .4.40
.40 4.40
4.40
4.30
4.05
4.40
4.40
,40
.30
.05
.40
.40
.02
3.90 3.95 3.98 4.00
14.58 14.63 14.66 14.68 i .69
3.68 3.79 3.87 3.93 3.97
3.48 3.55 3.60 3.64 3.67
2.37 2.55 2.70 2.82 2.92
4.03
4.70
4.00
3.70
3.00
4.05
4.70
4.03
3.76
3.11
4.07
4.70
4.06
3.81
3.19
4.08
4.70
4.07
3.83
3.23
4.10
4.70
4.11
3.91
3.37
4.10
4.70
4.14
3.96
3.46
4.10
4.70
4.15
3.99
3.50
4.10
4.70
4.15
4.00
3,50
1931
1932
1934
1935
4.40
4.30
4.05
5.27
4.40
4.40
4.30
4.05
5 04
4.40
4.40
4.30
4.05
4.89
4.40
2
2.35 3.05 3.45 3.67 3.81
14.24 14.40 14.51
13,60 13.99 2
22.60 3.02 23.32 3.53
2.00 22.62 3.00 3.23 3.38
.50 1.05 1.50 1.87 2.15
2
2.00
2
4.10
.10
4.70 2 .70
4.15 4.15
4.00 24.00
3.50 23.50
1936
1937..
1938.......
1939
1940
.25
.35
.40
.25
.10
.61
.69
.85
.57
.41
.96
.99
1.21
.86
.67
1.29
1.25
1.51
1.12
.90
1.59
1.48
1.76
1.35
1.10
1.86
1.08
1.97
1.55
1.28
2.09
1.86
2.15
1.72
1.44
2.28
2.02
2.30
1.87
1.59
2.43
2.16
2.42
1.99
1.72
2.55
2.28
2.52
2.09
1.84
2.64
2.38
2.60
2.18
1.95
2.76
2.55
2.71
2.33
2.14
2.84
2.68
2.78
2.45
2.29
2.88
2.72
2.81
2.50
2.34
3.04
2.90
2.91
2.65
2.55
3.14
3.01
2.97
2.72
2.65
3.20
3.08
3.00
2.75
2.70
3.26 3.29 23.30
3.17 23.22 23.25
3.00 23.00 23.00
2
2.75 22.75 22.75
22.70 22.70 22.70
1941
1942.
.15
.55
.41
.81
.64
1.04
.85
1.24
1.04
1.42
1.21
1.50
1.37
1.71
1.52
1.84
1.65
1.96
1.77
2.07
1.88
2.16
2.07
2.31
2.22
2.42
2.28
2.47
2.50
2.61
2.61
2,64
2.65
2.65
2
2.65
2
2.65
22.65 22.65
2
2.65 22.65
1
One alternative value; the other is equal to the longest-term yield shown.
2
More than usually liable to error.
Source.—David Durand, Baste Yields of Corporate Bonds. 1900-1942, National Bureau of Economic Research, pp. 5-6. For description of
series, see introductory text to this section, p. 430.
BANKING AND MONETARY STATISTICS
478
NO. 132-Y1ELDS OF HIGH-GRADE RAILROAD BONDS, MONTHLY, 1900-1936
[Per cent per annum]
Year
January February
March
April
May
June
July
August September October November December
Yearly
average
1900 -
3.20
3.17
3.16
3.15
3.18
3.19
3.19
3.19
3.20
3.20
3.18
3.16
3. IB
1901
1902..
1903..
1904
1905
3.15
3.20
3.36
3,54
8.45
3.14
3.20
3.38
3.55
3.44
3.14
3.20
3.43
3.57
3.45
3.15
3.20
3.46
3.55
3.46
3.18
3.22
3.45
3.54
3.47
3.17
3.23
3.49
3.52
3.46
3.19
3.25
3.53
3.49
3.46
3.21
3.27
3.58
3.48
3.48
3.22
3.29
3.59
3.49
3.46
3.22
3.33
3.55
3.49
3.46
3.20
3.34
3.53
3.48
3.48
3.21
3.36
3.54
3.47
3.49
3.18
3.26
3.49
3.51
3.46
1906
1907
1908
1909
1910
3.48
3.60
3.82
3.63
3.73
3.50
3.62
3.81
3.61
3.74
3.53
3.68
3.84
3.62
3.76
3.55
3.68
3.81
3.63
3,80
3.56
3.70
3.78
3.63
3.82
3.55
3.75
3.78
3.65
3.84
3.56
3.74
3.76
3.65
3.87
3.58
3.79
3.72
3.66
3.86
3.60
3.84
3.69
3.69
3.82
3.59
3.91
3.69
3.70
3.80
3.58
4.06
3.66
3.72
3.83
3,59
3.96
3.64
3.73
3.83
3.56
3.78
3.75
3.66
3.81
1911
1912
1913
3.83
3.84
3.93
4,00
4.16
3.84
3.85'
3.99
4.02
4.19
3.84
3.86
4.04
4.01
4.15
3.83
3.87
4.08
4.01
4.15
3.84
3.88
4.13
4.00
4.18
3.84
3.89
4.12
4.04
4.24
3.86
3.91
4.08
3.87
3.92
4.05
1
1915
3.82
3.85
3.92
4.06
4.17
4.29
3.87
3.92
4.08
<l)
4.19
3.85
3.92
4.13
C1)
4.06
3.85
3.93
4.14
4.23
4.05
3.85
3.89
4.06
4.05
4.18
1916
1917
1918
1919
1920
4.03
3.92
4.66
4.53
4.91
4.02
3.99
4.61
4.57
5.07
4.03
4.03
4.68
4.63
5.07
4.05
4.12
4.73
4.67
5.27
4.06
4.24
4.66
4.62
5.49
4.06
4.28
4.72
4.62
5.44
4.07
4.32
4.77
4.68
5.41
4.09
4.35
4.77
4.84
5.25
4.07
4.44
4.82
4.87
5.06
4.02
4.49
4.71
4.75
4.91
3.98
4.62
4.42
4.87
4.99
3.99
4.70
4.44
4.93
5.15
4.04
4.29
4.67
4,72
5.17
1921_____________.
1922
1923,...1924
1925
4.97
4.51
4.43
4.59
4.48
5.00
4.51
4.47
4.61
4.47
5.06
4.48
4.60
4.61
4.45
5.09
4.39
4.63
4.58
4.44
5.11
4.37
4.56
4.54
4.39
5.24
4.37
4.58
4.48
4.40
5.10
4.29
4.59
4.42
4.44
5.02
4.25
4.57
4.46
4.50
4.95
4.24
4.61
4.46
4.46
4.93
4.36
4.63
4.44
4.48
4.73
4.44
4.61
4.45
4.47
4.59
4.43
4.62
4.48
4.43
4.98
4.39
4.58
4.51
4.45
1926
1927
1928
1929
1930
„
4.40
4,25
4.05
4,39
4.30
4.36
4.25
4.07
4.43
4.38
4.37
4.22
4.08
4.46
4.30
4.32
4.17
4.10
4.46
4.35
4.29
4.17
4.15
4.48
4.32
4.29
4.20
4.25
4.52
4.29
4.32
4.21
4.32
4.55
4.24
4.33
4.17
4.38
4.51
4.18
4.33
4.14
4.33
4.58
4.12
4.33
4.10
4.32
4.54
4.10
4.29
4.06
4.29
4,45
4.14
4.28
4.04
4.36
4.40
4.20
4.33
4.17
4.23
4,48
4.25
....
4.08
4.74'
4.17
4.08
3.52
4.08
4.79
4.17
4.00
3.44
4.10
4.69
4.34
3.93
3.41
4.08
4.84
4.52
3.87
3.41
4.00
4.85
4.36
3.81
3.44
4.02
4.90
4.21
3.73
3.42
4.01
4.80
4.13
3.72
3.40
4.06
4.54
4.08
3.77
3.45
4.12
4.46
4.10
3.83
3.47
4.35
4.46
4.11
3.76
3.48
4.49
4.49
4.24
3.68
3.44
4.74
4.38
4.20
3.61
3.41
4.18
4.66
4.22
3.82
3.44
3.36
3.31
3,25
3.25
3.22
3.20
3.22
3.24
3.21
3.20
3.17
3.13
3.23
. .
19H
__
1931
1932
1933
1934
1935
1
19362 .
1
2
C1)
4.27
|
i
C)
New York Stock Exchange closed.
Yields not available after January 1937.
Source.—Frederick li, Macaulay, The Movements of Interest Rates, Bond Yields and Stock Prices in the United States Since 1856 National
Bureau of Economic Research, pp. A141-61. For description of series, see introductory text, p. 430.
MONEY RATES AND SECURITY MARKETS
479
NO. 133-STOCK PRICES, MONTHLY, 1900-1941
Common stocks
(index, 1935-1939 = 100)
Year
Preferred
Public stocks^
utility
Total
Indus-"
trial
Railroad
402
354
20
1900
51.4
29.7
151.4 • 117.1
1901
1902
1903
1904
1905
65.5
70.3
60.2
58.8
75.1
35.2
34.5
28.1
25.7
36.1
203.4
230.7
201.0
200.1
258.9
134.6
136.6
118.4
117.0
123.9
80.6
65 6
65.0
81.2
78.2
42.3
33.7
32.8
43.8
44.1
277.0
228.4
229.1
282.9
267.5
112.6
83.9
77.5
93.2
91.8
"iii'r
111.4
111.7
106.7
107.9
108.0
]_
28
15
1911
1912
1913
1914
1915
77.3
79.7
71.1
67.4
69.9
42.3
45.4
40.0
39.3
46.7
263.7
266.9
239.7
222.7
214.5
96.2
100.4
90.1
86.4.
88.8
1916
1917
1918
1919
1920
80.5
72.2
64.1
74.6
67.8
60.7
56.6
51.2
65.6
59.8
230.5
202.4
182.1
186 5
169.6
96.5
86.9
70.0
70.5
63.6
ll&.l
109.1
104.4
110.9
103.2
1921
1922
1923
1924
1925
58.3
71.5
72.9
76.9
94.8
46.7
58.4
60.1
62.9
79.9
163.8
192.7
190.6
203.5
237.5
67.5
82.8
86.2
92.1
110.9
103.0
114.0
114.4
115.2
118.6
1926
1927
1928
1929
1930
105.6
124.9
158.3
200.9
158.2
90.3
107.0
139.4
171.1
127.0
265.1
315.8
340.9
390.7
331.3
116.9
135.5
173.9
274.1
250.7
121.0
127.1
130.7
136.7
14*. 5
1931
1932
1933
1934
1935
99.5
51.2
67.0
76.6
82.9
78.5
41.8
59.9
73.4
82.2
191.3
69.5
100.8
110.1
90.2
172.8
92.1
91.4'
80.5
83.9
139.4
114.7
122.1
132,5
151.4
1936
1937
1938
1939
1940
117.5
117.5
88.2
94.2
88.1
115.2
118.1
90.1
94.8
87.9
136.5
129.8
69.5
74.7
71.1
122.1
110.4
85.6
98.6
95.8
161.9
157.6
161.4
167.5
169.2
1941
80.0
80.4
70.6
81.0
171.9
For footnote see end of table, p. 481.
Total
Industrial
Railroad
Public
utility
1900
Jan
Feb.
Mar. .
Apr
May
June
July
__
Aug. ..
Sept
._.
Oct. . _
Nov
Dec.
51.0
51.8
52.3
52,9
50.5
49.0
49.0
49.5
48.5
50.3
54.2
57.3
30.9
31.5
30.9
30.8
28.4
27.0
27.6
28.2
27.6
28.6
31.8
33.0
146.4
149.6
153.3
156.0
149.9
146.2
145.4
146.7
144.3
149.1
159.2
170.8
122.2
120.7
118.1
119.5
116.1
113.3
112.5
112.9
109.1
112.7
122.4
126.2
1901
Jan
Feb.
Mar. ..
Apr.
May
June
July-—
Aug.
Sept
Oct.
Nov..
Dec.
59.0
60.5
62.7
68.0
64.5
71.0
66.2
67.1
66.8
66.0
67.6
66.4
33.0
33.5
34.7
37.6
34.4
39.1
36.7
36.5
35.6
34.2
34.1
33.0
178.8
184.6
191.0
208.0
200.0
219.1
201.9
206.9
208.2
209.3
217.8
214.6
125.6
126.2
131.5
139.7
134.2
141.4
137.9
138.9
137.0
133.1
134.8
134.7
Mar. „
Apr,
May
June
July.......
Aug.
Sept.Oct. _
Nov
Dec. _
67.8
68.4
68.5
70.9
70.6
70.2
72.1
73.7
73.8
71.4
68.7
67.3
34.2
34.8
34.8
35.8
35.2
34.3
35.3
35.3
35.5
34.4
32.7
31.4
218.0
219.6
219.9
228.4
229.2
230.2
238.7
245.9
246.2
238.2
229.2
224.7
135.5
136.7
137.9
141.7
139.7
138.0
136.1
138.4
138.6
133.9
131.9
131.1
1903
Jan.
Feb
Mar, _.
Apr.
May.... _ .
June
July
Aug.
Sept
Oct
Nov. *
Dec.
70.6
70.2
67.6
64.7
63.5
60.0
57.2
55.3
54.0
52.3
52.5
54.8
33.5
34.5
33.5
32.0
31.0
28.9
26.6
25.3
24.1
22.5
22.0
23.2
235.5
231.6
221.0
211.4
208.0
196.8
191.5
185.9
183.3
179.3
180.1
187.0
134.8
134.0
131.0
126.9
125.4
119.2
112.4
109.1
105.5
103.3
107.1
112.0
1904
Jan,
Feb
Mar, .. .
Apr.
May
June
_ _
Number of
iB8uee(1941)
1906
1907
1908
1909
1910
Common stocks
(index, 1935-1939 = 100)
Year and
month
55.9
54.2
54.2
55.3
54.2
54.3
23.9
23.3
23.1
23.5
22.9
22.9
189.9
184.1
184.1
188.6
183.8
184.6
113.6
110.6
110.9
113.1
113.4
112.6
Jan.
Feb.
1902
.
..
Common stocks
(index, 1935-1939 = 100)
Year and
month
Total
July
Aug.
Sept
Oct
Nov
Dec
1906
Jan
Feb.
Mar.
Apr
May
June
July
Aug.
Sept.
Oct
Nov
Dec.
Public
utility
24.0
24.8
26.5
28.7
32.1
32.6
193.4
199.7
208.8
220.7
230.2
233.7
114.5
118.1
120.6
124.8
126.9
125.2
70.3
73.5
75.5
74.8
71.1
71.9
74.2
77.1
77.2
78.2
77.8
79.8
33.2
34.8
36.0
36.3
34.0
33.8
35.3
36.8
36.3
37.5
38.1
41.4
240.8
252.8
260.2
256.2
243.8
248.3
256.0
267.1
269,5
272.4
269.0
271.1
123.8
125.1
127.1
125.6
121.4
122.4
123.7
125.2
123,4
123.6
122.3
123.5
82.6
43.8
82.0
43.5
79.9
41.6
78.9
41.6
76.8 • 40.0
77.7
40.0
75.8
38.7
81.4
42.3
83.. 8
44.0
83.3
41.2
. 82.7
43.3
82.4
43.7
1905
Jan. . ._
Feb.
Mar. ...
Apr
May
June
July
Aug
Sept,
Oct
Nov.
Dec.
Railroad
56.6
58.5
61.0
64.7
68.1
68.8
1904
Industrial
279.3
278.2
273.2
269.2
262.3
267.4
262.3
282.2
290.7
287.8
286.7
284.1
124.6
122.1
117.3
113.9
112.7
112.0
107.7
109.7
108.5
108.3
107.5
107.0
1907
Jan.
Feb.
Mar
Apr.
May
une
July
Aug
Sept.
Oct
Nov. .
Dec
79.9
77.5
69.9
70.1
67.8
65,6
68.1
63.0
62.2
55.4
52.3
54.9
42.9
41.8
37.7
37.2
35.6
34.6
36.2
32.4
30.6
25,8
24.2
25.3
274.5
264.5
237.9
239.5
231.8
225.7
234.2
221.0
221.0
201.6
189.9
198.7
104.1
102.7
94.5
95.6
93.3
87.3
89.1
77.2
75.7
63.1
60.0
64.1
1908
Jan
Feb
Mar.
Apr.
May
June
July
Aug
Sept.
Oct.
Nov
Dec.
57.2
55.2
57.4
60.5
63.8
63.9
66.2
69.1
68.3
69.2
73.8
75.4
26.9
26.1
28.4
30.1
31.7
31.7
33.8
36.4
35.0
35.7
38.8
38.8
206.1
198.4
204.2
213.8
226.0
226.5
232.6
240.6
239.0
241.6
256.8
263.7
67.2
64.6
67.6
72.9
75.9
75.8
78.5
82.0
82.9
83.1
87.9
91,1
_„
BANKING AND MONETARY STATISTICS
480
NO. 133-STOCK PRICES, MONTHLY, 1900-1941-Continued
Common stocks
(index, 1935=1939 = 100)
Year
and
month
Total
Industrial
Railroad
Public
utility
1909
Jan......
Feb.....
Mar
Apr.,...
May....
June....
July____
Aug.....
Sept......
Oct.....
Nov.....
Dec.....
75.8
73.6
74.7
77.9
80.5
81.9
83.2
85.1
85.2
85.5
85.1
86.2
38.7
36.7
36.8
39.4
42,0
43.7
44.6
46.7
47.4
48.8
49 . 9
50.4
267.1
261.8
265 8
275.9
282.0
285.9
290.7
296.0
294.7
293.9
288.3
292.3
88.3
84.9
87 4
91.0
94.2
94.7
94.3
95.4
96.3
95.9
97.7
98.7
1910
Jan......
Feb.....
Mar._,_
Apr.....
May....
June....
July....
Aug......
Sept....
Oet
Nov.....
Dee.....
84.5
81.2
83.3
81.4
79.9
76.1
72,2
73,9
74.6
77.9
77.8
75.6
49.2
45.8
47.5
46.5
44.8
42.2
39.7
41.1
41.3
43.8
44.5
42,4
287.0
278.0
284.6
278.8
275.1
261.8
248.8
254.1
255.2
265.8
263.4
257.0
96.3
94.4
95.8
92.8
91.2
89.1
85.7
87.4
90.2
93.0
93.1
92.3
1911
Jan......
Feb.....
Mar.....
Apr.....
May....
June.
July....
Aug.....
Sept....
Oct.....
Nov.....
Dec.....
77.5
78.9
78.0
77.6
79.3
80.9
80.6
76.7
72.5
73.0
75.9
76:1
43.0
44.4
43.5
43.1
4.4.4
45.1
44.7
42.0
38.6
37.7
39.7
40.9
263.7
267.1
264.2
263.9
268.4
274.8
274,5
262 , 1
249.1
252.8
262.3
261.3
1912
Jan.
Feb.....
Mar.....
Apr.....
May
June....
July....
Aug
Sept....
Oct.....
Nov.....
Dec.....
76.3
75.5
77.7
80.3
79.8
80.0
80.3
82.0
82.5
82.3
81.2
78.4
41.2
40.4
42.5
45.3
45.3
46.3
46.4
47.7
48.6
48.9
47.7
45.0
1913
Jan......
Feb.....
Mar.....
Apr.....
May....
June
July....
Aug.....
Sept
Oct.....
Nov.....
Dee.....
77.6
75.0
73.5
73.4
71.4
67.8
68.7
70.6
71.3
69.1
67.3
67.3
69.8
70.9
69.6
67.8
68.2
67.6
63.9
Preferred
stocks1
1914
Jan
Feb...,.
Mar.....
Apr.....
May....
June....
July....
Aug.....
Sept....
Oet
.
Nov.....
Dec.....
8
C)
2
C2)
61.2
Year
and
month
Common stocks
(index, 1935-1939 = 100)
Preferred
stocks1
Year
and
month
Total
Industrial
Railroad
Public
utility
1915
Jan
.
Fob
Mar.
Apr.....
May
June
July
AUE
Sept.
Oct
Nov
Dec.
62.2
61.4
62.9
67.7
66.2
66.9
68.1
70.9
73.5
77.7
80.4
80.6
35.9
35.2
36.8
42.0
41.2
43.0
47.2
50.4
53.4
57.3
58.5
59.4
204.8
201.3
205.0
215.9
210.1
208.5
203.7
209.8
215.4
227.1
236.9
235.3
83.4
84.2
85.4
88.2
86.9
88.0
87.0
88.6
90.4
92.5
95.4
95.8
106.5
105.2
104.0
107.1
106.9
107.4
107.2
108.2
109.6
110.1
111.7
112.2
1921
Jan
Feb......
Mar....
Apr......
May....
June
July
Aug.....
Sept.....
Oct......
Nov
Dec
114.6
112,9
114.7
113.2
112.1
110.3
108.0
108.2
109.1
110.6
110.9
109.7
1916
Jan..
Feb.,,...
Mar...__
Apr,....
May....
June....
July....
Aug
Sept
Oet
Nov.....
Dec
79.3
78.2
77.9
77.1
78.8
79,5
78.4
79.0
82.3
84.8
86.8
83.3
58.6
58.4
58.3
57.2
58.3
58.3
56.9
58.5
63.2
65.8
69.8
64.9
231.3
226.0
224.7
223.1
229.2
232.9
230,5
228.6
232.4
238.2
236.6
232.1
94.9
93.8
94.2
93.8
95.2
9,5 8
95.3
96.6
97.9
99.2
101.1
100:2
112.2
112.4
112.4
111.8
112.6
112.5
112.1
113.1
114.0
114.6
115.0
114.0
95.3
96.7
96.8
95.9
98.4
99.4
98.1
94.4
92.6
94.0
96.6
95.8
111.1
113.1
112.7
112.1
113.4
113.5
112.6
110.8
109.2
108.8
109.8
110.1
1917
Jan......
Feb.....
Mar.....
Apr.....
May.,..
June....
July....
Aug.....
Sept....
Oct.....
Nov.....
Dec.....
81.3
76.7
79.1
77.9
75.3
76.8
74.7
72.5
69.0
65.3
59.8
57.8
62.5
58.6
61.7
60.3
60.2
62.1
59.9
57.8
54.3
50.9
45.9
44.6
227.6
215.6
218.3
215.9
207.2
209.8
207.2
204.2
195.5
187.0
172.9
167.1
99.2
94.6
97.3
97.2
93.2
93.2
88.2
83.5
81.2
76.5
71.0
67.2
260.7
258.4
263.4
269.8
267.6
266.6
266.6
273.2
273.2
271.6
269.8
262.3
97.3
98.4
101.1
101.5
101.3
101.1
101.9
102.3
102.0
100.2
99.8
97.5
110.6
110.5
111.6
112.3
112.4
112.6
112.2
112.8
112.9
112.7
110.7
109.6
1918
Jan......
Feb.....
Mar.....
Apr.....
May....
June..,.
July....
Aug.....
Sept....
Oct.....
Nov....,
Dee.....
61.3
63.1
61.9
61.3
63.2
63.3
63.8
64.4
64.1
66.8
68.5
67.1
48.3
50.2
48.8
48.9
50.8
50.9
51.7
52.0
51.2
53.2
54.3
53.7
174.5
177.2
177.0
172.5
178.4
179.1
179.3
183.6
184.5
190.3
197.3
191.6
44.5
42.1
41.2
41.3
40.1
37.2
37.9
40.1
40.8
39.0
37.7
38.0
260.7
253.8
248.8
248.3
241.4
230.2
233.2
236.9
237.7
232.1
226.8
226.3
95.9 108.8
93.2 108.3
92.5 107.7
91.7 .107.9
90.1 106.4
87.9 104.5
88.6 104.9
90.8 106.4
91.9 107.8
88.3 106.3
85.7 105.3
84.7 105.5
1919
Jan
Feb.....
Mar.....
Apr.....
May....
June....
July....
Aug.....
Sept
Oct...,.
Nov.....
Dec.....
66.7
67.0
69.0
71.3
76.2
78.3
80.8
75.4
76.6
80.5
78.1
75.8
54.5
54.7
57.1
60.4
65.3
68.4
72.2
67.7
69.4
74.5
72.3
70.5
40.2
41.6
41.3
39.8
40.1
39.4
36.9
(a)
(")
00
<»)
35.3
233.2
235.0
228.6
223.1
224.7
223.3
211.9
C2)
<>>
(2)
(2)
201.9
87.5
88.6
88.6
87.1
87.6
87.1
82.8
2
(2 )
(2)
(2)
( )
82.0
1.920
Jan
.
Feb
Mar.....
Apr.____
May....
June
July.,..
Aug.....
Sept
Oet
Nov.....
Dec.....
75.0
68 8
73.7
73.1
68.5
67.3
67.2
64.6
66.9
67.0
63.6
57.9
69.5
62 1
67.2
67.4
62.3
61.0
60.3
55.7
57.3
55.6
51.9
46.7
For footnotes see opposite page.
107.5
108.9
108.6
108.1
108.6
108.5
107.5
2
)
2
)
°5
105.7
Common stocks
(index, 1935=1939 = 100}
Industrial
Preferred
stocks1
Railroad
Publis
utility
60.4
60.0
58.5
58.7
60.5
55.7
55.5
54.8
56.2
56.9
60.0
62.1
49.2 170.5
48,8 168.9
47.5 162.1
48.1 i 157.1
49.6 164.1
44.4 156.0
43.4 160.4
42.0 163.1
43.4 166.2
44.7 163.2
48.1 166.5
50.6 167.6
63. 8
64.1!
65.5
67.9
68. a
66.0
66.6
67.0
67.8
68.7
71J
72.8
102.6
104.1
103.6
103.1
102.7
101.4
101.7
100.5
101.4
102.4
105.2
107.2
1922
Jan
Feb
Mar..._
Apr
.
May....
June.....
July.....
Aug..
Sept.....
Oct.
Nov.....
Dec.
62.0
63.4
65.8
69.8
72.5
71.8
72.3
75.0
77.0
78.7
74.8
74,6
50.2
51.2
53.1
57.0
59.9
59.4
59.1
60.6
62,7
64.6
61.3
61.8
168.1
74.?;
172.5 . 76. £1
179.1
78.11
188.4
81.0
192.2
82. (i
189.2
82.0
196.5
82.5
207.4
86J
210.2
88.5
213.0
88.0
200.8
86. S!
195,5
86.8
109.8
110.9
112.1
111.9
113.2
113.6
114.4
115.4
116.4
117.6
117.1
116.1
114.0
113.1
112.7
112.0
110.2
110.5
110.4
110.0
108.2
105.7
102.5
100.1
1923
Jan
.„
Feb......
Mar.....
Apr...
May..__
June.....
July,,...
Aug
.
Sept.....
Oct.. ..
Nov
.
Dec.
75.6
78.9
80.1
77.3
73.7
70.9
68.5
68.8
69.3
68.2
70.3
72.7
63.2
66.4
68.0
65.1
61.0
57.5
55.3
55.8
56.2
55.1
57.4
60.7
195.2
203.1
202.7
197.2
192.8
191.6
184.7
183.0
183.9
182.3
185.6
185.3
86.4
88.8
88.li
87. ft
86. (»
85.0
84 . M
85.1
86.1
84.9
85.7
86.6
116.4
117.0
116.3
114.2
114.2
113.7
113.8
114.0
113.6
113.4
113.8
113.4
70.9
72.5
70.3
69.1
68.5
68.3
66.9
66.4
68.1
72.9
74.5
71.5
102.3
104.2
104.3
103.9
104.0
103.5
104.0
104.5
104.3
105.3
105.9
107,0
1924
Jan
..
Feb.
Mar.....
Apr.
May.....
June.....
July
Aug......
Sept.....
Oet
Nov
Dec......
75.0
75.4
73.9
72.2
72.0
73.3
76.7
79.4
78.6
77.6
81.9
86.3
62.9
63.2
61.3
59.0
58.4
59.3
62.2
64.8
63.9
63.0
66.4
70.4
188.9
190.5
189.4
191.1
192.7
197.1
207.5
213.1
210.2
207.2
221.8
232.2
89.2
89. S88.7
87.7
87. fi
97.2
101.1
114.1
114.9
114.2
113.3
113.7
114.6
115.5
116.5
116.0
•116.0
116.9
117.1
185.7
185.7
187.4
188.0
199.7
197.9
197.8
181.7
181.1
183.3
178.7
170.8
69.9
70.5
71.8
71.4
73.3
74.1
73.2
70.4
69.6
• 68.8
€7.2
65.4
109.2
109.8
110.7
111.2
111.4
112.6
112.6
111.4
111.4
111.1
109.8
109.1
1925
Jan
Feb.
Mar
Apr
May....
June.--..
July._...
Aug
Sept.....
Oet
.
Nov..,,,
Dec
89.9
90.7
88.3
87.4
90.2
91.8
94.3
95.6
97.8
101.0
104.2
105.9
74.7
75.8
73.1
72.7
75.0
76.9
79.6
80.4
82.9
86.5
90.0
90.7
235.0
235.5
230.3
224.8
228.7 j
228.9 .
231.7
238.4
241.6
242.5
250.4
261.7
102.5 117.5
103. C 118.0
103.7 j 116.0
104.2 117.6
109.4 118.7
111.5 119.0
113.6 119.6
113.9 118.8
115.0 119.2
117.5 119.3
118.3 120.1
118.1 119.8
169.8
162 4
173.4
167.3
160.3
159.2
162.7
168.1
177.7
187.2
181.3
166.1
65.5
64 1
65.4
64.5
62.3
61.8
61.4
61.9
63.3
65.9
65.4
62.1
1926
_ 107.5
109.1 Jan
106 7 Feb
107.5
106.9 Mar..... 101.2
106.0 Apr
98.1
102.5 May.... 98.4
102.0 June,.... 102.6
101.4 July
105.6
100.6 Aug
108.7
100.9 Sept..... 110.1
101.9 'Oct...... 107.3
101.1 Nov..,,. 108.9
99.3 Dec
111.3
92.3
92.5
87.0
83.7
83.6
87.5
90.3
93.1
94.1
91.7
93.0
95.2
261.4
257.5
251.1
248.3
251.1
261.0
265.7
273.6
280.9
272.5
276.3
282.3
120.6
121.2
110.9
109.0
110.1
114.1
117.0
119.1
120.5
117.9
120.4
121.5
Total
89. e
91J
93. 5
94. S
94. e
120.0
120.6
120.1
120.6
121.4
121.3
121.2
121.9
120.5
120.2
121.1
123.6
481
MONEY RATES AND SECURITY MARKETS
NO. 133-STOCK PRICES, MONTHLY, 198e-1941-Continued
Year
and
month
Common stocks
(index, 1935-1939 = 100}
Preferred
stocks'
Total
Industrial
Railroad
Public
utility
1927
Jan
Feb
Mar
Apr
May.—
June.l__
July..,.
Aug
Sept....
Oct.
Nov
Dee
111.5
113.9
115.2
117.3
120.6
121.9
123.8
128.8
134.8
133.8
136.9
140.5
95.4
97.1
98.1
99.4
102.2
103.4
105.4
110.4
116.4
115.2
118.6
122.4
284.1
296.0
297.5
306,8
313.2
316.2
320.1
326.4
332.0
329.7
331.2
336.4
121.9
123.0
125.3
129.1
133.4
135.1
134.2
138.5
144.9
145.4
146.8
148.6
124.0
125.0
125.6
126.4
127.6
127.2
126.7
127.6
128.5
128.5
128.8
129.7
1928
Jan
Feb..-.,
Mar
Apr
May
June
July...,
Aug.__.
Sept....
Get
Nov
Dec
141.9
139.7
145.6
154 1
160.6
153.4
152.3
156.6
165.4
168.0
180.7
181.0
124.1
121.7
127.4
135 0
139.9
133.9
133.5
137.9
146.5
150.2
161.6
161.1
332.4
322.6
334.0
346 8
353.4
336.1
330.5
335.4
343.8
340.1
357.7
357.9
151.3
152.9
157.0
166 5
181.5
173.0
169.7
172.8
182.0
180.5
197.0
202.6
1929
Jan
Feb
Mar.....
Apr
May....
June...,
July....
Aug
Sept....
Oct
Nov.....
Dce..._.
195.6
196,9
199.7
197.0
198.3
201.4
218.9
230.3
237.8
213.0
159.6
162.4
173 9
173.7
177.0
174.7
174.0
172.5
183.1
190.0
195.2
175.6
130.8
132.7
376 2
375.6
372.4
366.7
368.0
384.1
424,3
438.7
446.0
416.3
358.4
361.5
1930
Jan......
Feb.
Mar...,.
Apr.....
May.,..
June
July....
Aug
Sept....
Oct.
Nov
Dec......
165.0
174.8
182.0
191.1
180.0
161.4
157.7
155.9
157.1
134.7
123.2
115.5
134.4
140.8
147.2
154.3
144.6
129.2
126.3
125.3
125.8
106.4
98.0
92.1
1931
Jan
Feb.....
Mar
Apr....,
May
June
July....
Aug
Sept
Oct
Nov
Dec....,
118.5
126.5
128.4
115.3
103.5
100.4
103.7
100.8
86.3
73.7
75.7
61.0
93.4
99.7
101. 0
90.6
80.8
78.2
81.1
79.9
68.5
58.5
61.0
49.1
1
2
Year
and
month
Common stocks
(index, 1935-1939 = 100)
Preferred
stocks1
Year
and
month
Common stocks
(index, 1935-1939 = 100)
i
Total
Industrial
Railroad
Public
utility
1932
Jan
Feb
Mar
Apr
May....
June
July...,
Aug
Sept
Oct..
Nov
Dec
61.3
59.6
6tf.O
46.3
42.0
35.9
37.9
56.3
61.5
52.7
50.2
50.1
49.1
47.8
48.6
37.7
34.4
30.2
32.3
46.5
50.4
43.1
41.0
40.4
97.0
90.6
85.2
59.0
46.2
37.5
41.3
77.4
91.5
72.8
67.6
68.2
110.2
108.4
109.2
85.6
79.2
64.3
64.7
98.4
106.8
94.2
90.7
93.0
119.6
119.9
120.9
110.7
106.6
101.8
104.3
115.0
119.7
119.6
119.3
118.9
131.4
133.6
137.0
141 7
141.1
138.6
137.3
136.7
135.9
134.1
136.5
137.0
1933
Jan
Feb
Mar.....
Apr.
May
June
July....
Aug.....
Sept....
Oct
Nov
Dec
51.8
47.5
45.6
50 2
66.4
79.1
85.0
79.3
79.0
73.3
73.0
74.3
41.7
38.4
37.6
44 1
59.0
69.8
75.4
71.2
72.9
68.2
69.3
71.2
73.3
70.8
67.8
69 7
99.5
116.7
139.5
131.1
125.1
106.9
101.8
107.0
95.6
85.4
78.2
74.2
92.6
113.1
114.0
101.8
93.6
87.6
81.7
78.6
121.8
120.6
115.3
114 5
117.8
123.3
126.6
127.3
128.1
126.3
121.9
121.1
87.4
85.2
79.2
Apr
76 5
May
78.0
June
79.7
93.6
July
94.0
Aug
89.6
Sept
Oct...... 98.5
Nov.,... 99.4
Dec
97.1
225 1
236.5
238.0
235 2
248.0
272.2
319.0
355.4
375.1
323.2
227.1
234.7
138 1
137.5
137.6
137.3
136.6
135.8
136.3
135.4
136.1
136.1
135.1
138.3
1934
Jan.
Feb.....
Mar.....
Apr
May
June
July....
Aug....^
Sept....
Oct
Nov.....
Dec
79 9
85.0
81.3
84.1
75.8
77.6
75.4
71.6
70.7
71.1
73.3
73.1
75 8
79.8
76.7
79.7
71.9
73.5
72.0
69.3
68.4
69.0
72.4
72.5
120 6
132.6
126.1
130.6
114.7
117.0
109.3
94.3
93.0
94.3
93.6
94.9
85 5
94.1
88.9
89.1
81.5
84.0
80.8
75.5
74.4
73.5
70.9
68.0
123.6
128.2
129.7
131.4
132.6
133.6
135,6
135.2
132.7
131.6
135.7
140.5
Jan
Feb.
Mar
Apr
May
June
July....;
Aug
Sept.....
Oct
Nov.....
Dec
362.0
378.0
379.8
376.0
360.7
330.3
329.5
321.6
325.2
294.2
270.8
248.0
243.9
269.4
282.8
308.0
292.0
261.1
251.6
248.5
252.8
218.4
195.6
184.4
138.4
138.9
141.2
141.3
141.4
141.6
141.5
142.4
143.9
144.5
142.9
140.2
73.6
71.5
68.0
71.3
77.2
80.3
July.— 83.8
88.0
Aug
Sept
89.8
Oct. .. 90.9
Nov..... 99.5
Dec
101.1
73.6
72 2
68.2
71.3
77.3
79.5
82.8
86.0
88.1
89.8
98.0
99.2
91.7
84.3
73.7
77.9
82.1
86.7
90.5
95.1
98.0
91.4
101.5
109.9
67.1
63 6
62.1
69.1
75.3
82.2
86.3
95.4
95.7
96 0
106.3
107.4
142.8
144 5
145.6
149.2
153.5
153.8
153.9
154.4
153.5
152 6
154.6
157.9
266.2
277.6
257.9
231.6
203.6
196.3
199.7
175.5
148.9
128.4
121.9
87.6
190.8
207.9
220.7
198.3
182.7
178.7
184.0
180.0
154.0
130.8
134.0
111.7
141.0
143.0
144.1
145.0
145.0
143.9
144.1
144.7
141.1
130.3
129.0
122.0
104.8
109.7
112.6
110.9
105.8
108.9
113.1
115.9
117.6
124.1
130.4
129.1
119.8
131.6
130.6
126.6
120.8
126.4
136.1
143.0
146.8
158.5
153.5
144.4
115.8
120.3
120.1
116.2
111.6
119.2
124.4
126.9
125.5
128.2
127.2
129.2
159.2
160.8
162.6
162.7
161.4
161.7
162.4
163.1
162.1
161.4
160.9
164.5
1935
Jan
Feb.
Mar.....
Apr.....
May....
June,...
1936
Jan
Feb.....
Mar.....
Apr
May
June....
July....
Aug
Sept
Oct.....
Nov
Dec
107.3
112.6
114.8
112.6
107.6
111.5
116.2
129.2
120.5
126.6
131.1
130.0
Total
1937
Jan,
133.5
Feb....... 136.7
Mar
136.6
Apr
128.1
May..., 123.3
119.6
June
July
126.0
127.3
Aug
111.0
Sept
94.3
Oct
Nov
87.6
85.7
Dec
Industrial
Public
utility
132.6
137.1
137.4
128.8
123.9
120,7
127.5
129.6
112.4
94.8
86.8
85,1
148.2 133.0
153.5 M29.3
165,8 122.7
155.7 115.1
152.1 110.1
140.7 106.5
139.8 113.6
135.0 113.3
111.6 103.6
90.9
93.5
83.2
92.9
81.1
90.8
167.6
166.5
159.0
154.8
153.1
155.3
155.2
157.1
156.6
155.2
153.8
156.5
87.7
86.5
80.7
78.0
78.9
80.9
95.9
97.0
92.7
101.2
102.1
100.0
77.5
75.1
64.2
56.7
57.8
56.9
73.8
73.0
65.5
77.8
78.9
76.4
89.1
83.2
77.5
76 6
81.1
82 3
89^6
87.2
83.2
92.7
94.0
90.7
157.2
158.2
156.0
154 3
157.2
158.8
160.9
163.6
165.5
166.9
169.7
168.9
97 0
95.1
96.0
85.0
88.4
89.9
91.8
90.7
99.7
00.7
98.9
97.0
98.7
96.0
96.6
85.1
88.3
89.9
91.8
90.4
101.3
101.8
99.6
97.6
79 0
74.3
77.7
63.9
67.0
67.5
69.2
66.8
82.4
87,2
82,8
78.4
94 9
97.9
99.6
92.5
96.8
98.1
100.1
101.1
98.4
100.4
101.9
101.3
170 1
176.0
169.4
168.3
169.1
170.7
172.8
172.0
156.1
156.9
165.3
169.0
1940
Jan......
Feb
Mar.....
Apr......
May....
June
July.....
Aug.....
Sept
Oct,
Nov
Dec......
97.4
96 8
96.7
98.1
85.1
78.1
80.8
81.6
85.5
86 0
86.7
84.9
97.7
97.1
97.3
98.7
85.2
77.3
79.3
80.3
84,6
85 4
86.6
84.9
77.7
76.5
76.7
77.3
65.4
60,8
65.2
66.0
71.6
72.6
73.6
70.0
103.0
102.4
101.6
102.6
92.3
88.5
93.9
93.5
94.7
93.7
92.3
90.6
172.2
171 0
169.6
170.5
166.5
159.9
166.1
167.0
168.6
170 8
171.6
176.2
1941
Jan... —
Feb....,,
Mar
Apr.
May_...
June
July
Aug
Sept.....
Oct......
Nov
Dec......
85.0
80.1
80.3
77.9
77.1
79.5
83.2
83.2
83.6
80.4
77.4
71.8
84.7
79.4
79.6
77.3
77.3
79.7
84.2
84.3
84.8
81.6
78.6
73.8
73.4
70.0
70.6
71.2
70.7
70.9
73.8
74.4
72.6
70.3
68.4
61.0
91.1
87.1
87.1
83,1
78.9
81.6
81.8
81.0
81.3
78.5
74.5
66.2
177.9
172.9
171.5
170.8
168.9
168,9
173.1
174,3
173,4
172.1
170.5
168.7
1938
Jan
Feb.
Mar
1939
Prices derived from average yields.
New York Stock Exchange closed.
Source.—Standard and Poor's Corporation. For description of individual series, see introductory text, pp. 430-31.
Railroad
Preferred
stocks!
482
BANKING AND MONETARY STATISTICS
NO. 134-COMMON STOCK PRICES, WEEKLY, 1934-1941
[Wednesday figures. Index, 1935-1939 = 100]
Total
Date
402
ndustrial iailroad
Total
Public
utility
Date
354
20
74.8
76.2
80 4
83 7
84.3
71.9
72.5
75 9
79 2
79.7
107 7
111.4
123 3
129 4
131 0
77
82
87
90
90
6
0
5
2
3
85.9
84.9
86.7
82.4
80.2
79.5
81 8
77.8
134.2
133.7
136 3
126.0
97
94
94
89
4
9
4
8
Mar. 7
Mar. 14
.
..
. „ __
Mar. 21
Mar. 28..,. _ _ . - _ _ . . - _ _ — ._.._-.-
81.4
83.7
80.1
80.1
77.0
78.8
75 5
75.5
125.2
131.8
123 9
123.6
88 4
91 4
87 9
87.9
Apr.
Apr
Apr.
Apr.
4
11
18
25
83.4
84 4
84.6
83.8
79.2
80 2
80 1
79.4
129 2
132 6
131 0
129.7
88
88
90
89
0
1
4
8
May
May
May
May
May
2
9
16
23
29
78.9
76 1
74 0
74.3
75 8
74.9
72 4
70 0
70.4
71 9
121.0
115 1
111 4
111.9
114 3
83
80
80
80
82
9
5
6
6
0
June 6
June 13
June 20
June 27
75 7
79.1
78 2
77,2
71 8
75.0
74 1
73 1
113 8
118 8
118 8
116 4
81
85
84
84
7
4
9
1
July 3
July 11. „ _ _ _ _ . „ _ _ „ _ _ _
July 18
July 25
..__
75.6
78.0
76 8
71.3
71 8
74.3
73 5
68.2
111 4
115.9
111 1
98.9
81 9
83.3
81 1
77 0
Aug. 1
Aug. 8
Aug. 15. _
Aug. 22
Aug. 29.
70 3
69.6
71.3
73.8
73.1
67 7
67.2
69.2
71 5
70.7
94 2
90 5
91.5
98 1
97.3
75
74
74
76
76
2
5
9
8
2
Sept. 5
Sept. 12
Sept 19
Sept. 26
72 4
69 4
69 3
71.7
70 1
67.1
67 1
69.3
96
90
90
94
6
5
2
7
75
73
72
75
8
5
5
8
Jan 8
Jan. 15
Jan 22
Jan. 29
Oct. 3
Oct 10
Oct. 17
Oct 24
Oct. 31
70.0
71 5
72.0
72 0
70.0
67.8
69 3
70.0
69 9
68.1
92.8
94 4
95 2
98 1
91.2
73
74
73
73
72
4
3
8
7
1
Feb. 5
Feb 11
Feb. 19
Feb 26
Nov. 7
Nov 14
Nov. 21
Nov. 28
72.7
73 2
72.4
75.0
71.0
72 2
72.1
74.1
93.6
93 9
90.7
96.0
73 7
70 7
67 5
71.6
Dec
Dec
Dec
Dec
75.4
73.1
71.9
71 9
74.4
72.2
71.5
72 0
99 7
94.7
93.1
92 0
71
69
66
64
75.0
75.1
72.5
73.3
72.0
75.1
75.0
72.4
73.4
72.0
94.4
96.6
90 5
89.7
87.5
70.5
72.1
72.5
71.0
68.6
66.6
68.8
67.9
70.8
72.7
73.7
71 6
69.5
67.3
67.6
68.2
67.9
71.2
71.9
74.1
68.1
71.2
72.2
73.7
Number of issues (1941)
Jan. 3
Jan. 10
Jan 17
Jan. 24
Jan. 31
Feb. 7
Feb. 14.
Feb. 21
Feb. 28
5
12
19
26
Jan. 2
Jan 9
Jan 16
Jan, 23
Jan 30
Feb
Feb
Feb
Feb
„
.
3
10
17
24
.
.
..
..... .
..... .
1935
„ ..
____
6
13
20
27
Mar 6
Mar. 13
Mar 20
Mar 27
Apr.
Apr
Apr
Apr
1934
- _
. ....
._ .
.._-_
... --- --- - --
-„ -
28
1935
ndustrial Railroad
Public
utility
. -„
„__
73.8
76.7
78.2
79.8
77.4
73.9
76.8
78.4
80.5
76 8
79.8
80.4
84.4
83.3
82.8
71.4
75.0
75.6
75.6
79.0
_ .„ .
79.2
80.4
81.1
80,5
78.3
79.9
80.1
79.6
83.8
87.0
88.9
87.0
82.1
80.5
83.3
82.8
81.5
83.4
83.584.5
86.1
80.1
82 5
82.8 i
83.9
84.8
86.7
88.6
90.5
92.3
94.4
8G.3
86.6
84.8
84.6
89.1
86.6
90.0
89.1
86.4
85 1
87.3
86 7
85.0
91:8
98.7
66. 8
93.1
92.2
100.2
98.6
90.5
88.0
91.2
90.7
89.2
86.1 i
89.2
89 2
87.7
95.8
100.8
99.7
95.8
94.2
98.4
95.7
94.5
85.9
88.5
91.6
94.1
94.6 i
84.8
87.4
90 6
93.1
93 3
88.1
88.9
92 . 6
94.7
92.8
90.2
93,7
95.7
98.8
101.4
98.1
98.5
100.8
100.4
97 1
97.1
99.4
98 2
96.0
98.0
102.4
108.5
103.9
105.3
107.6
108.4
101.2
101.2
99.4
100.4
103.2
99.0
99 1
97 6
98.9
101 4
114,1
111.1
107.4
106.9
110.1
108.1
108.5
105.3
106.0
109.3
105.7
106.5
107.2
109.9
103 3
104.2
104 7
107.0
116.4 I
118.6
119.1
125.2
114.3
114.4
115.3
119.0
111.8
113.6
113.6
111.4
108.9
110 4
111 1
108 5
127.6
130.5
135.5
132.9
120.8
124.1
118.1
118.3
115.5
114.8
113.8 i
114.9
112 7
112.5
111 7
113.3
134.7
131.6
127.9
128.1
122.2
120.1
119.3
118.6
115.4
116.8
115.4
112.2
103.2
113.7
114.8
113.6
110.5
101 8
128.6
132.6
132.1
126.0
113.5
118,6
120.8
118.8
116.1
106.5
107.7
106.3
106.7
109.5
106.3
105.0
104 9
107.0
120,7
118.3
119.6
124.7
110.0
108.9
111.3
116.1
June 3
June 10
June 17
June 24
109.1
110.6
112.2
114.0
106.8
107.9
109.4
111 5
124.1
125.2
127.3
!
128.9
115.5
118.7
121.1
121.4
May 1
May 8
May 15
May 22
May 29
June 5
June 12
June 19
June 26
July 3
July 10
July 17
July 24
July 31
.
.--._.-_.--_.
...
__
_ ..
_____„____
Aug. 7
Aug. 14
Aug 21
Aug. 28
Sept. 4
Sept. 11
Sept 18
Sept. 25
.
Oct 2
Oct. 9
Oct 16
Oct 23
Oct 30
Nov 6
Nov. 13
Nov. 20
Nov 27
-
...
---.
..
.-
.____.____..
Dec. 4
Dec 11
Dec. 18
Dec. 24
Dec. 31
1936
Mar 4
Mar. 11
Mar 18
Mar. 25
.._.
....
4
5
6
5
Apr.
Apr.
Apr.
Apr.
Apr
1
8
15
22
29
...
-_._
,
....
67
67
66
66
66
6
8
7
8
5
May 6
May 13
May 20
May 27
-.«.
83 3
85.9
86 2
81.7
64
64
62
63
4
4
3
4
76.4
72.9
72.7
72 9
61 7
61.2
61 0
64 5
July 1
JulyS
July 15 . .... . _ _ _ _ _ „ . _ „
July 22
July 29
112.5
112.4
117.4
119.0
119.6
109.8
109.3
114.1
1 115.8
116.4
128.1
129.2
139.8
141.1
142.4
119.7
121.5
126.3
126.6
127.7
72.9
78.8
78 0
82.0
65.4
68 6
68 7
73.5
Aug. 5 , ...
Aug. 12
Aug. 19
Aug. 26
...
118.9
121.1
119.5
117.2
115.5
117.7
116.3
114.2
141.6
146.9
144.0
139.5
127.8
128.7
126.9
124,2
._..
. .
___________
._..„
.....
„
MONEY RATES AND SECURITY MARKETS
483
NO. 134-COMMOH STOCK PRICES, WEEKLY, 1934-1941-Continued
[Wednesday figures. Index, 1935-1939 = 100]
Industria Railroad
Total
Date
1936
Public
utility
Total
Date
Jan.
Jan.
Jan.
Jan.
1938
120.0
121.5
119.0
121.5
120.5
116.7
US. 3
116.3
119.0
117.9
146.4
148.3
144.6
148 3
146.4
126.9
127.9
123.7
124.8
124.3
Oct. 7.
Oct. 14
Oct. 21
Oct. 28.
125.2
126,3
128.1
126.8
122.5
123.6
125.7
124.6
159.7
159 7
158.9
155.7
128.5
127 7
128.7
127.8
Nov. 4...
Nov. 10
Nov. 18
Nov. 25-.
130.1
132.4
132.3
129.7
129.2
131.8
131.6
128.8
157.6
157 0
152.5
146.7
124.9
127.1
128.6
128.0
Mar. 2
Mar. 9....
Mar. 16
Mar. 23...
Mar. 30— .
Dec. 2
Dec. 9
Dec. 16
Dec, 23
Dec. 30.
129 1
129.7
130,8
129.1
131.2
128 0
128.5
130.1
128.6
130.5
145 1
146 9
145.4
139 8
144 8
129 7
129 3
129.6
128 0
129.6
Apr. 6
Apr. 13.
Apr. 20...
Apr. 27-
130.4
134.2
135 4
134.0
129.4
132,9
134,6
133.5
144 8
H9.6
151 5
146 7
130 5
136.0
133 4
131.9
Feb. 3
Feb. 10 .
Feb. 17
Feb. 24.
137 1
137.4
136 7
135.7
137 2
137.7
137 0
136.3
150
154
154
154
131 9
130 1
128 9
126 2
Mar.3
Mar. 10
Mar. 17.
Mar, 24
Mar. 31.
138.9
139 8
136.7
133 1
134.7
139.8
140 7
137.1
133 6
135.8
162 3
170 6
171 1
161 8
163 4
126
124
122
120
119
Apr. 7_
Apr, 14Apr. 21.
Apr. 28,
128.3
131 0
131.9
121 2
128.8
131 9
i 132.9
121 7
154
158
161
148
4
6
3
5
116 8
117 2
116.7
109 5
May 5
May 12
May 19
May 26 .
125.9
123 1
120.7
123 3
126.3
123 7
121.4
124 3
154
153
151
149
3
1
7
3
114
110
106
109
3
0
5
6
June 2
June 9 .
June 16
June 23
June 30..
122.1
122 6
116.6
118 6
118.0
123 I
123 7
1 117,6
119 9
' 119 4
147 7
148 5
138 5
136 6
132 0
108
108
104
105
105
4
3
3
6
8
July 7
July 14...
July 21
July 28
124.4 i 125.8
124 9
126 6
127 5
129 2
127 0 • 128 5
141
139
140
137
6
0
8
7
111 8
111 6
114 3
116 6
Aug. 4
Aug. 11. _
Aug. 18
Aug. 25. .
128.3
128 3
127 8
124.7
130.4
130 6
130 4
127,0
137 9
136 3
134 2
131 6
115 2
114 0
112 7
111.1
Sept. 1 .
Sept. 8 ..
Sept. 15,
Sept. 22
Sept. 29
119 0
111 4
111.2
107.9
105 3
121 1
113 1
112,8
109 0
106 1
122
110
108
110
106
0
9
5
1
6
Oct. 6
Oct. 13
Oct. 20
Oct. 27
100 7
94.0
91 8
90.8
101 4
94,5
92 1
91.1
100
90
86
86
5
5
2
2
107 6
103 2
104 2
101 8
101 1
97 5
92 6
92 4
91.5
Nov. 3
Nov 10
Nov. 17
Nov 24
89.7
92 2
88.6
79.8
89.8
91 5
87.7
78.3
83 6
88 6
85 1
75 3
91 5
96 6
94.3
89 1
Dec. 1
Dec 8
Dec. 15
Dec. 22
Dec 29
85.6
89 0
85.2
87.1
81 6
84.5
88 3
84.6
86.8
81 3
81
85
80
82
74
93 1
94 0
90.3
90.5
86 1
Sept. 2
Sept. 9
Sept. 16
Sept 23
Sept. 30
1937
Jan. 6 _
Jan. 13
Jan. 20
Jan. 27
.
1
4
4
6
4
7
4
6
8
8
2
8
7
1
7
5
12
19...
26
.„
Industria Kailroad
Public
utility
85.2
91.2
88.7
84.3
85.1
91 7
89.4
84 7
74.8
83.2
78.5
73.5
89.8
92.1
88.4
86.0
83 3
84.1
84.1
89.4
84.0
85.5
85.3
91.0
72.9
73.2
74.3
80.1
83.5
81.5
82.0
85.7
87.3
83.9
81.7
75.9
67.3
88.7
85.5
83.4
77.4
68.6
78.0
70.8
65.3
56.5
50.4
83.8
81.2
79.4
75.5
67.4
72.2
77.7
77.9
78.1
73.0
79.4
79.9
79.6
55.4
57.8
56.2
57.3
74.5
76.6
76.4
78.7
77.4
80.9
79.0
74.8
78.8
81.6
79.9
75.4
56.8
61.5
58.4
54.4
78.3
84.9
82.0
79.3
June 1
J-une 8 June 15
June 22 .
June 29
74.3
75.7
75.5
83.0
90.2
74.9
76.5
76 4
84.5
92 3
53.1
53.1
52.0
58.9
67.6
79.3
79.8
79.2
84.8
88.4
July 6
July 13_,_
July 20
July 27-. _
92.5
92.1
95.8
93.9
94.5
94.3
98.1
96.6
71.9
71.1
78.0
74.0
90.3
88.8
90.9
88.2
Aug. 3__ _
Aug. 10
Aug. 17___
Aug. 24
Aug. 31__-
94.2
95.4
92.9
95.6
92.1
97.3
98.4
95.8
98.6
94.9
72.4
75.9
71.4
74.8
70.6
87.5
88.1
86.3
88.3
85.7
94.3
86.0
90.8
87.2
97.5
89.0
93.9
90.3
71.9
61.5
66.6
62.1
87.0
80.1
84.5
81.3
97.4
97.4
98.6
100.4
100.6
100.1
101.3
102.9
75.9
77.7
78.0
79.6
89.5
91.1
93.7
96.3
99.5
103.7
98.8
97.8
97.3
102.1
106.5
101.5
100.5
99.9
78.8
84.4
78.8
76.4
75.9
94,9
97.2
93.3
92.5
92.3
96.3
98.2
96.2
97.8
99.0
101.2
99.1
100.5
74.0
76.9
74.8
79.8
91.0
91.5
89.8
90.5
101.0
96.6
97.8
92.3
103.4
98.6
99.4
93.5
86.2
78.5
79.6
71.6
94.4
93.8
96.7
94.5
94.0
96.2
95.6
94.6
95.1
97.0
96.6
95.4
73.5
75.6
74.0
74.0
95.6
99.5
98.4
98.2
97.8
100.3
97.7
91.6
92.5
98.4
101.0
98.5
92.2
93.0
80.6
84.1
78.2
71.9
73.7
101.1
103.2
100.9
95.6
97.3
86.4
83.7
84.5
85.5
86.5
83.8
84.6
85.5
66.3
62.6
62.9
63.9
93.0
90.9
92.2
94.0
..
Feb. 2
Feb. 9...
Feb. 16
Feb. 23,-.
__________
Mav 4.
May !!_„
May 18
May 25...
__.
Sept. 7
Sept. 14...
Sept. 21
Sept. 28...
___.
..-.- _-
Oct. 5
Oct. 11-..
Oct. 19
Oct. 26...
Nov
Nov
Nov
Nov
Nov
__
- ..'
2-_, 9....
16_..
23
30
..-.-_
_._.
Dec. 7
Dec. 14-..
Dec. 21
Dec. 28
Jan. 4
Jan. 11
Jan. 18
Jan. 25
Feb.
Feb.
Feb.
Feb.
_
1939
_._
1
8 15
21-_
Mar. 1
Mar. 8
Mar. 15
Mar. 22
Mar. 29 Apr. 5
Apr. 12Apr. 19
Apr. 26. -
_t
___
_
BANKING AND MONETARY STATISTICS
484
NO. 134-COMMON STOCK PRICES, WEEKLY, 1934-1941-Continued
[Wednesday figures. Index, 1935-1939 = 100]
Total
Industria Railroac
Date
Public
utility
Total
Date
1940
Sept. 4 _ _ _ _ .
Sept. 11. _ _ _ _ _ _ . _ . _ . .
Sept. 18.
......
Sept. 25...
85 7
84 1
85.2
86 8
100.1
98.1
98.6
95.7
Oct.
Oct.
Get.
Oct.
Oct.
2.....
9
...
16... _....___...
23
30
..... ...
65.5
67.4
71.1
72.7
96.8
99.6
100.6
103.4
Nov.
Nov.
Nov.
Nov.
6
..........
13....
...
20
.
27
94.8
92.0
90.6
85.8
88.9
71.9
68.7
67.4
61.8
64.2
105.0
102.8
102.1
96.7
98.7
Dec.
Dec.
Dec.
Dee.
Dec.
4.... ...........
_______
18...
.
24.
31.
97.1
100.8
99.7
101.2
98.9
102.7
101.4
102.3
73.2
82.8
82.5
91.2
97.2
98.9
97.8
99.5
99.2
99,7
101.2
102.6
100.2
100.7
102.3
103.8
86.2
86.2
87.5
88.9
99.2
99.5
100.7
102.2
100.2
99.7
98.7
99.2
96.8
101.2
100.5
99.3
99.6
97.2
85.1
83.6
83 3
82,8
79 3
101.4
102.1
101.6
102.9
101.4
97.7
97.0
96.9
96.4
98.2
97 5
97.6
97.0
80.1
79 3
77 7
76.4
100.1
98.7
95.9
96.6
95.5
100.6
99.2
96 1
97,0
95 6 -
81
79
75
76
75
96.4
97.0
97.4
96 2
96.7
97 4
97 8
96 5
Mar. 6 .
Mar. 13
Mar. 20..,..,
Mar. 27
96.9
96 9
96.2
96 8
97
97
96
97
Apr. 3
Apr. 17
Apr. 24
98
98
97
97
7
5
4
6
May 1
May 8
May 15 .
May 22.....
May 29_.'_.
1939
87.8
88.3
85,6
89.3
90.8
87.8
88.2
85.4
89.2
90.7
66.0
67.4
63.7
67.9
69.8
95.3
96.7
94.9
98.0
99.1
June 7
June 14
June 21
Juno 28
91.4
90.4
90.5
87.4
91.3
90.5
90.5
87.4
69.8
67.9
67.4
64.7
JulyS
July 12
July 19
July 26
88.0
90.5
93.8
94.9
87.9
90.3
94.0
94.8
Aug 2
Aug. 9
Aug 16
Aug 23
Aug. 30
95.0
92.3
91.1
86.2
89.0
Sept. 6
Sept 13
Sept. 20
Sept. 27
Industria Railroad
7
0
4
3
72
69
71
72
9
5
4
4
95
94
94
94
3
4
3
6
86 9
84 5
85.4
86.2
86 8
§6 4
83 8
85 0
85.6
86 2
74
71
71
72
73
0
1
9
7
2
93
92
92
93
95
8
8
9
8
1
85 9
89.4
86 5
85.0
85
89
86
84
4
5
4
9
72
76
73
71
7 '
9
5
4
93
93
91
90
0
7
6
7
85.1
85.6
84 3
84 0
85.4
85
85
84
84
85
2
5
3
1
3
70
70
69
68
71
3
8
0
4
4
90
91
90
90
91
4
6
0
0
1
86 7
86 1
84.4
82 9
86
85
83
82
7
8
8
3
72
74
74
72
9
0
3 •
4 !
qi 7
91 9
90*9
90 Q
Feb. 5 . _ _ _ .
Feb. !!___. _ _ _ _ _ _ _ _ _ _
Feb. 19.
Feb. 26
81
81
77
80
9
0
4
0
81
80
76
79
3
3
7
4
72
70
67
70
1
6
4
0
88
88
84
86
7
3
7
7
Mar. 5
____._._._
Mar. 12
Mar. 19__..._
Mar. 26
79
80
80
80
2
8
8
3
78
30
80
79
4
1
4
6
69
70
70
71
5
3
0
9
86
88
86
86
6
1
9
6
101.5
101.6
101.0
101.0
Apr. 2..
Apr. 9
Apr. 16.
Apr. 23....
Apr. 30
80
78
77
76
75
7
7
7
5
9
80
78
77
75
75
2
0 i
1
9
5
72
71
70
70
70
9
1
6
8
8
86
84
83
81
79
2
9
3
5
7
4
3
9
9
1
104.4
104.0
102.2
102.5
102.0
May 7
May 14. .
May 21
May 28
77
77
77
76
1
2
6
6
77
77
78
76
1
3
0 j
7
72
70
70
69
7
6
0
5
79 Q
79 i
79- 0
78 3
76
76
76
76
1
9
7
4
102.1
102 5
102.7
102 3
77
79
80
80
4
8
4
4
77
80
80
80
2
0
8
8
70
71
70
71
3
4
6
1
81
82
81
81
0
6
8
0
6
4
8
4
77
76
75
76
7
7
6
9
101 3
102 3
101.1
101 6
July 2. .
July 9
July 16
July 23
July 30
80
83
83
84
84
5
3
4
4
6
81
84
84
85
85
0
2
4
5
7
8
')
1
4
9
4
2
9
2
78
77
65
76
5
7
9
9
103 5
103 0
102 3
101 5
Aug.
Aug
Aug
Aug
6
13
20
27
84
82
82
83
2
4
7
3
85
83
83
84
5
4
8
4
8
7
7
3
6
i
7 1
3
5
80
81
82
82
81
99
99
97
98
70
73
73
75
75
75
73
74
74
81
80
80
81
7
')
4
5
96 4
96 6
83 4
74.2
75 1
96
97
83
73
74
9
2
6
9
3
75
75
63
54
57
3
9
1
9
8
101
101
90
83
84
8
8
0
2
7
Sept 3
Sept 10
Sept 17
Sept. 24
83
82
84
83
7
8
6
4
84
84
86
84
3
0
2
8
74
71
72
71
3
6
9 j
4
81
81
81
80
8
2
3
7
73 8
79.4
80 6
78 4
73
79
80
77
1
0
0
0
56
61
63
62
5
3
4
1
84
88
90
91
0
2
4
2
Oct. ! _ _ _ .
Get 8
Oct. 15
Oct 22
Get 29
82
81
79
79
79
7
4
6
5
0
84
82
80
80
80
0
5
6
6
1
71,4
71 2
70 1
69 5 i
69 3
80
79
78
77
76
1
5
4
6
7
July 3 '
July 1 0 _ . _ _ .
July 17. ..
July 24
July 31
79 8
80.3
81 1
80 0
82 7
78
78
79
78
81
1
6
6
6
4
64
64
65
64
66
7
5
3
5
8
93
93
94
93
95
5
7
2
1
1
Nov
Nov
Nov
Nov
5
12
19
26
79
76
77
76
3
5
0
6
80
77
78
77
4
8
3
9
71
66
67
67
76
73
74
73
4
6
i
7
Aug. 7
Aug. 14 '
Aug. 21.
Aug. 28
81 9
80 0
81.7
82.7
80 6
78 6
80.5
81 5
65
64
66
67
8
2
6
4
94
92
93
93
4
5
1
8
Dec.
Dec
Dec
Dec
Dec
3.
10
17
24
31
76
70
71
69
71
9
9
0
3
1
78
72
73
71
73
5
7
1
6
0
67.4
58 6
58 9
58 7
61 3
May 3
May 10
May 17
May 24
May 31
Oct.
Get
Oct.
Get
4 ._
11
18
25
Nov
Nov
Nov
Nov
Nov
.......
1
8
15
22
29
. . __
.-
Dec. 6
Dec. 13
Dec. 20
Dec, 27...
1940
Jan. 3
Jan. 10
Jan. 17
Jan. 24
Jan. 31
Feb.
Feb.
Feb.
Feb.
7.,..
14
21
28
Apr. 10 ...
June 5.. .
June 12......
June 1 9 , _
June 26
...
..
....
.
.
1941
Jan.
Jan.
Jan.
Jan.
8.
15.....
22. _ _ .__.._...._
29.
June 4...
June 11
June 18
June 25
.
_
..... . .
e.—Standard and Poor's Corporation. For description of series see introductory text, pp. 430-31.
84
83
84
' 86
Public
utility
7
7
9
4
72.6
66 3
64 8
61 9
65 2
MONEY RATES AND SECURITY MARKETS
485
NO. 135-TRAD1NG IN STOCKS ON NEW YORK STOCK EXCHANGE, MONTHLY, 1900-1941
ROUND-LOT VOLUME AS REPORTED BY THE NEW YORK STOCK EXCHANGE, 1900-1941
[In millions of shares]
Year
January February
March
May
April
August September October November December
July
June
Total
1900,.,.,
10
10
15
15
9
7
6
4
5
11
24
23
139
1901.^,...
1902
1903
1904
1905
30
15
16
12
21
22
13
11
9
25
27
12
15
11
29
42
26
12
8
29
35
14
12
5
20
20
8
15
5
12
16
16
15
12
13
11
14
14
12
20
14
21
11
19
16
14
16
13
33
18
18
17
11
32
27
17
16
15
28
30
265
187
159
187
261
1906
1907
1908
1909
1910
39
23
16
17
24
22
16
10
12
16
19
32
16
13
15
24
19
11
19
14
24
16
21
17
12
20
10
9
20
16
16
13
14
13
14
32
15
19
24
10
26
12
17
20
8
21
17
14
22
13
10
10
25
18
11
20
12
22
17
10
282
195
195
212
164
1911 . .
1912___. _ _ _ _ _ _
1913
1914. _ . _ _
1915
10
11
9
10
5
10
7
7
6
4
7
14
7
6
8
5
16
8
10
7
10
4
11
17
10
8
11
14
7
15
10
4
20
18
(i)
27
17
9
12
7
2
14
126
131
83
47
172
1916
1917
1918. ..
.
1919
1920. .
16
16
13
12
20
12
14
11
12
22
15
19
8
21
29
13
14
7
29
28
16
20
21
35
17
13
19
12
34
9
5
7
5
8
14
g
13
8
35
13
15
9
6
21
11
14
5
5
13
14
12
7
24
14
30
14
8
24
15
28
17
20
37
14
34
15
15
30
22
32
13
12
25
24
233
185
143
318
228
1921 __..
1922
1923
1924 ...
1925..
16
15
20
27
42
10
16
23
21
33
16
23
26
18
39
16
31
20
18
25
17
30
23
14
37
18
25
20
17
31
9
15
13
24
33
11
18
13
23
33
13
22
15
18
37
13
26
16
18
55
15
21
23
42
50
18
20
25
44
43
173
261
236
284
460
1926
1927
1928
1929
I930_________
39
35
58
111
62
36
45
47
78
69
52
50
86
106
97
31
50
82
83
111
23
47
85
91
78
38
48
65
70
77
37
39
39
93
48
45
51
69
96
40
37
52
92
100
54
40
51
100
142
65
31
52
116
72
52
42
63
93
84
59
452
582
931
1,125
811
43
34
19
55
19
64
32
19
57
14
66
33
20
30
16
54
31
53
30
22
47
23
104
25
30
59
23
126
17
22
34
23
120
21
29
25
83
42
17
43
51
67
43
13
35
48
29
39
16
47
37
23
34
21
57
50
23
35
24
46
577
425
655
324
382
67
59
24
25
16
61
50
15
14
13
51
50
23
25
16
40
35
17
20
27
21
19
14
13
39
21
16
24
12
16
35
21
39
18'
7
27
17
21
17
8
31
34
24
57
12
44
51
42
24
14
50
29
28
19
21 •
49
28
27
18
18
497
409
297
262
208
13
9
10
11
10
10
18
11
14
13
15
36
171
.___
„,__
1931..
1932
1933.
1934
1935
1936
1937
1938
1939
1940
.
.
1941
7
(i)
(i)
(»)
TOTAL VOLUME AND VALUE AS REPORTED BY THE SECURITIES AND EXCHANGE COMMISSION, 1935-1941 -
Year
January
February
March
April
May
June
July
August September
October November December
'Total
Volume (in millions of shares)
1935
1936
1937. _ _ _ _ . .
1938-.
1939
.
1940
1941
C3)
88
82
. 33
37
24
19
C3)
85
73
22
20
19
13
C3)
76
84
33
31
21
13
30
57
53
20
34
38
15
40
36
31
28
13
54
13
32
32
28
30
16
20
14
38
48
30
58
25
11
22
60
37
26
32
25
10
15
47
45
50
32
75
16
18
63
60
70
55
35
18
17
78
68
47
42
27
29
' 19
63
71
42
36
23
24
47
(3)
703
614
420
360
282
226
1,241
1,387
1,433
850
1,970
406
427
1,660
1,948
1,638
1,397
1,045
504
412
1,952
2,189
1,216
1,157
723
763
422
1,738
2,026
1,106
1,065
649
597
929
13,337
20,387
18,468
11,016
9,972
7,165
_; 5.253
Value (in millions of dollars)
1935
1936
1937
_ „
1938
1939
1940
1941 . .
714
2,070
2,247
856
986
653
519
476
2, HO
2,332
608
561
487
336
539
2,092
2,629
789
916
528
319
747
1,680
1,803
679
779
965
348
1,035
1,078
1,114
499
523
1,241
324
852
1,002
870
752
473
487
350
990
1,526
1,096
1,474
677
264
522
1,393
1,249
985
891
669
270
344
1 Exchange closed.
2
Includes, in addition to round-lot volume as reported by New York Stock Exchange, trading in odd lots and also certain "unreported"
round-lot transactions. '
a Not available.
BANKING AND MONETARY STATISTICS
486
NO. 136-TRADING IN STOCKS ON NEW YORK STOCK EXCHANGE, WEEKLY, 1934-1941
BASED ON ROUND-LOT VOLUME AS REPORTED BY THE NEW YORK STOCK EXCHANGE
[In thousands of shares]
Week
ended
Average
daily
volume
Week
ended
Average
daily
volume
Week
ended
Average
daily
volume
Week
ended
Average
daily
volume
1934
Jan. 6
Jan. 13
Jan. 20
Jan. 27
1,217
1,305
3,271
2,663
1935
Jan. 5
Jan. 12
Jan. 19
Jan. 26
1,005
1,148
1936
Jan. 4
Jan. 11
Jan. 18
Jan. 25
2,439
3,379
2,881
2,300
1937
Jan. 2
Jan. 9
Jan. 16
Jan. 23
Jan. 30
2,006
2,411
3,257
2,878
2,191
Feb.
Feb.
Feb.
Feb.
3
10
17
24
3,665
4,166
2,480
2,138
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
1
8
15
21
29
3,237
2,746
2,891
3,860
2,271
Feb. 6
Feb. 13
Feb. 20
Feb. 27
2,667
2,906
2,426
2,263
Feb.
Feb.
Feb.
Feb.
5
11
19
26
810
611
614
904
Feb.
Feb.
Feb.
Feb.
4
11
18
25
Mar. 3
Mar. 10
Mar. 17
Mar. 24
Mar. 31
1,538
1,321
1,320
1,221
1,512
Mar. 2
Mar. 9
Mar. 16
Mar. 23
Mar. 30
762
718
890
660
498
Mar. 7
Mar. 14
Mar. 21
Mar. 28
2,707
2,645
1,957
1,773
Mar. 6
Mar. 13
Mar. 20
Mar. 27
2,749
2,694
1,919
1,553
Mar. 5
Mar. 12
Mar. 19
Mar. 26
496
638
903
Mar.
Mar.
Mar.
Mar.
4
11
18
25
Apr.
Apr.
Apr.
Apr.
7
14
21
28
1,342
1,264
1,461
1,184
Apr.
Apr.
Apr.
Apr.
6
13
20
27
693
894
1,000
1,423
Apr.
Apr.
Apr.
Apr.
4
11
18
25
1,564
1,753
1,449
1,666
Apr.
Apr.
Apr.
Apr.
3
10
17
24
1,342
1,602
1,232
1,182
Apr.
Apr.
Apr.
Apr.
Apr.
2
9
16
23
30
1,001
801
462
Apr.
Apr.
Apr.
Apr.
Apr.
May
May
May
May
5
12
1!)
26
1,295
1,756
1,063
4
11
18
25
May
May
May
May
May
2
9
16
23
29
May
May
May
May
May
1
8
15
22
29
1,850
1,316
1,524
1,152
1,888
1,020
590
May
May
May
May
May
May
May
May
7
14
21
28
674
82!)
449
566
May
May
May
May
June
June
June
June
June
2
9
16
23
30
561
841
837
685
556
June 1
June 8
June 15
June 22
June 29
1,073
1,245
June 6
June 13
June 20
June 27
710
938
953
1,072
June 5
June 12
June 19
June 26
671
645
947
542
June 4
June 11
June 18
June 25
457
412
332
1,873
July
July
July
July
7
14
21
28
430
520
773
2,008
July
July
July
July
6
13
20
27
1,174
1,163
1,382
July
July
July
July
3
11
18
25
July
July
July
July
July
3
10
17
24
31
697
1,210
1,605
1,432
762
July
July
July
July
July
2,247 July 1
579
1 , U20 July 8 ! 328
614
1,490 July 15
2,004 July 22 1,396
938
1,474 July 29
July
July
July
July
6
13
20
27
Aug. 4
Aug. 11
Aug. 18
Aug. 25
650
849
587
756
Aug. 3
Aug. 10
Aug. 17
Aug. 24
Aug. 31
1,804
1,802
2,058
1,941
1,333
Aug. 1
Aug. 8
Aug. 15
Aug. 22
Aug. 29
1,720
1,305
1,210
1,019
1,082
Aug.
Aug.
Aug.
Aug.
7
14
21
28
811
798
708
693
Aug. 6
Aug. 13
Aug. 20
Aug. 27
895
1,024
615
871
Aug. 5
Aug. 12
Aug. 19
Aug. 26
700
573
632
928
Aug.
Aug.
Aug.
Aug.
Aug.
Sept. 1
Sept. 8
Sept. 15
Sept. 22
Sept. 29
530
520
615
597
683
Sept. 7
Sept. 14
Sept. 21
Sept. 28
1,647
2,005
1,774
1,082
Sept. 5
Sept. 12
Sept. 19
Sept. 26
1,219
1,530
1,133
1,557
Sept. 4
Sept. 11
Sept. 18
Sept. 25
723
2,106
1,411
1,502
Sept. 3
Sept. 10
Sept. 17
Sept. 24
696
681
1,422
932
Sept, 2
Sept. 9
Sept. 16
Sept. 23
Sept. 30
Oct. 6
Oct. 13
Oct. 20
Oct. 27
576
913
604
739
Oct. 5
Oct. 12
Oct. 19
Oct. 26
1,569
1,575
1,937
2,643
Oct.
Oct.
Oct.
Oct.
Oct.
3
10
17
24
31
1,638
2,371
1,977
1,722
1,582
Oct. 2
Oct. 9
Oct. 16
Oct. 23
Oct. 30
1,273
1,284
2,240
4,107
2,075
Oct.
Oct.
Oct.
Oct.
Oct.
1
8
15
22
29
1,415
1,792
2,042
2,189
1,674
Nov. 3
Nov. 10
Nov. 17
Nov. 24
515
1,052
1,164
Nov. 2
Nov. 9
Nov. 16
Nov. 23
Nov. 30
2,053
2,756
2,889
3,502
2,365
Nov. 7
Nov. 14
Nov. 21
Nov. 28
2,951
2,741
2,524
2,193
Nov. 6
Nov. 13
Nov. 20
Nov. 27
1,420
1,532
1,388
1,470
Nov. 5
Nov. 12
Nov. 19
Nov. 26
Dec.
Dec.
Dec.
Dec.
2,288
2,162
1,529
2,099
Dec.
Dec.
Dec.
Dec.
1,805
2,118
2,292
1,726
Dec.
Dee.
Dec.
Dec.
Dec.
1,122
1,087
Dee.
Dec.
Dec.
Dec.
Dec.
Dec.
Dee.
Dec.
Dec.
Dec.
1
8
15
22
29
868
1,104
1,156
985
927
1,258
2
9
16
23
7
14
21
28
816
589
576
531
507
1,186
904
1,460
775
920
910
5
12
19
26
854
810
912
930
4
11
18
24
31
765
1,026
937
653
1,135
851
1,019
957
1,146
1,580
Week
ended
Average
daily
volume
Week
ended
Average
daily
volume
1938
Jan. 8
Jan. 15
Jan. 22
Jan. 29
1,120
1,315
1939
Jan. 7
Jan. 14
Jan. 21
Jan. 28
1,320
1,001
3
10
17
24
31
Week
ended
Average
daily
volume
808*
793
625
579
1941
Jan, 4
Jan. 11
Jan. 18
Jan. 25
834
716
515
477
7§3
655
650
765
Feb.
Feb.
Feb.
Feb.
3
10
17
24
540
692
698
740
Feb.
Feb.
Feb.
Feb.
1
8
15
22
551
421
610
379
859
1,030
1,036
Mar. 2
Mar. 9
Mar. 16
Mar. 23
Mar. 30
559
676
763
632
896
Mar. 1
Mar. 8
Mar. 15
Mar. 22
Mar. 29
361
355
466
474
473
1
8
15
22
29
1,322
1,555
1,208
Apr.
Apr.
Apr.
Apr.
6
13
20
27
1,346
1,277
1,250
Apr. 5
Apr. 12
Apr, 19
Apr. 26
590
530
457
446
6
13
20
27
4S9
492
4(13
717
May
May
May
May
4
11
18
25
741
1,001
3,167
1,922
May S
May It'
May 17
May 24
May 3J
396
574
391
382
337
June 3
June 10
June 17
June 24
554
543
465
447
June 1
June 8
June 15
June 22
June 29
1,015
June V
June 14
June 21
June 28
410
557
419
501
315
283
303
236
July
July
July
July
5
11!
1!)
26
377
980
558
867
3
10
17
24
31
413
279
342
2SS
363
Aug. 2
Aug. 9
Aug. IB
Aug. 23
Aug. 3D
841
598
411
404
409
1,087
3,987
3,204
1,789
1,635
Sept. 7
Sept. 14
Sept. 21
Sept. 28
798
415
422
649
Sept. 6
Sept, 13
Sept, 20
Sept. 27
532
640
663
615
Oct. 7
Oct. 14
Oct. 21
Oct. 28
1,044
723
1,151
1,308
Oct. 5
Oct. 12
Oct. 19
Oct. 26
635
426
569
591
Oct.
Oct.
Oct.
Oct.
4
11
18
25
431
548
620
594
1,084
2,366
1,437
982
Nov. 4
Nov. 11
Nov. 18
Xov. 25
1,209
1,157
729
C77
Nov. 2
Nov. 9
Nov. 16
Nov. 23
Nov. 30
1,678
1,236
889
Nov. 1
Nov. 8
Nov. ] 5
Xov. 22
Xov. 29
560
721
834
756
859
933
855
1,362
1,107
1,713
Dec.
Dec,
Dec.
Dec.
Dec.
674
713
772
774
1,078
Dee.
Dec.
Dec.
Dec.
1,022
1,231
1,365
820
l
1940
Average
daily
volume
Jan. 6
Jan. 13
Jan. 20
Jan. 27
876
2
9
16
23
30
Week
ended
2
9
16
23
30
816
1,417
925
456
529
7
14
21
28
856
798
485
669
664
692
610
577
775
776
1,058
Dee.
Dec.
Dee.
Dee.
6
:13
1!0
27 [
1,062
1,819
1,254
1,552
MONEY RATES AND SECURITY MARKETS
487
N0.137-NEW SECURITY ISSUES, BY MAJOR GROUPS OF ISSUERS, MONTHLY, 1919-1941
[In millions of dollars]
For new capital
Domestic
Year and
month
Total
Total
Total
4,441 3.62E 3,235
4,074 3,732 3,235
1919
1920
State
and
municipal
678
672
For refunding
Domestic
Corporate
Federal
agenBonds
Stocks
cies Total and .
notes Pre- Comferred mon
310
Total
Foreign
State
and
municipal
13
11
422
225
312
189
67
21
43
15
377
106
8
24 "~4iT
55
20
19
48
20
558
568
684
734
530 " 454
492
455
523
618
4
40
72
28
43
6
11
5
8
52
69
99
77
247
233
687
820
,850 1,586
,584 1,054
542
,374
451
474
34
180
248
178
9
99
84
282
655
14
163
239
226
33
179
51
789
821
93
315
319
26
187
219
317
312
312
987 1,864 1,782
32
3
32
51
56
60
9
26
810
,246
,563 1,561
726
462
710
540
394
497
812
342
435
•236
71
293
335
318
594
194
277
324
511
558
623
764
421
971
,083
645
900
682
758
917
576
800
605
511
685
4,290
5,299
5,116
6,316
7,126
3,646
4,400
4,437
5,558
6,209
3,022
3,636
4,016
4,588
5,125
1,199
1,077
1,043
1,380
1,352
122 ,702 1,436
344 2,215 1,645
337 ,635 1,976
179 ,029 2,200
169 ,605 2,452
1926
1927
1928
1929
1930
7,359
9,774
9,898
1,513
7,619
6,314
7,557
8,052
10,093
6,912
5,189
6,219
6,789
9,420
6,004
1,344
1,475
1,379
1,418
1,434
91 3,754 2,667
87 4,657 3,183
64 5,346 2,385
8,002 2,078
~~87~ 4,483 2,980
1931
1932
1933
1934
1935
4,038
1,751
1,063
2,160
4,699
3,095
1,197
720
1,386
1,457
2,860 1,235
762
1,165
483
708
803
1,386
855
1,409
75 1,551 1,239
77
305
325
64
40
161
405
144
178
150
334
404
116
10
15
3
54
195
10
105
31
15
235
32
12
1936
1937
1938
1939
1940
6 214
3,937
4,449
5,842
4,803
1,972
2,138
2,360
2,289
1,951
1,949
2,094
2,325
2,239
1,948
22 1,192
157 1,225
481
873
924
383
461
736
839
817
807
287
601
90
205
48
26
61
262
203
19
71
74
23
44
35
50
2
1941
5,546 2,854 2,852
518 1,272 1,062
889
94
79
1
1
2
200
168
150
85
52
145
264
242
250
233
299
200
159
121
105
52
25
67
97
82
56
76
43
47
40
7
16
12
23
62
.73
78
146
77
95
101
36
39
29
21
4
16
94
82
48
80
162
52
83
19
34
1
10
26
31
63
22
5
176
3
5
76
184
17
6
21
55
105
18
43
174
78
36
76
63
17
6
18
53
30
18
43
26
50
36
1921
1922
1923
1924
1925
... _
735
712
971
931
751
Corporate
Federal
agenStocks
Bonds
cies Total and
notes Pre- Comferred mon
Total
578 1,125 1,044
881
509
874
600 ,338 2,217 1,978
,149 1,812. ,263 1,846 1,620
673 1,420 1,387
,517 4,407
706
412 1,091 ,908
527
22
35
36
13
53
944
893
554
498
343
283
774
765
48 3,242 3,216
21
87
37
136
365
4,242
1,799
2 Qgg
3^553
2,852
4,123
1,680
2,061
3,465
2,852
1 2,693 2,689
40
93
353 3,387
382
281 1 209
191
665 1,267
129
195 1,537 1 733
344 2,026
482
435
igig—Jan
Feb
Mar
Apr
May..,.
June
July
Aug
Sept
Get
Nov
Dec
288
396
154
320
237
513
494
354
353
711
36-2
260
212
212
137
314
216
458
388
336
310
537
284
225
192
178
136
304
190
427
326
314
305
361
282
220
24
28
50
51
46
98
83
58
70
62
47
61
1920— Jan
Feb
Mar
Apr.
May
June,.
Julv
Aug
Sept
Get
Nov
Dec
520
255
371
408
406
404
271
20
283
427
217
309
431
230
355
400
387
385
265
184
179
422
204
290
359
215
301
387
357
301
236
158
157
330
167
266
83
31
58
66
36
45
57
56
48
81
57
54
277
184
243
321
321
256
179
102
109
249
110
212
110
70
121
264
124
111
141
80
85
219
76
161
92
56
63
30
124
36
16
6
17
9
10
5
75
59
59
27
73
109
22
L6
7
22
24
47
71
15
54
12
30
85
29
26
22
92
37
25
89
25
16
8
19
19
6
18
104
5
13
19
89
25
16
1
1
1
19
19
6
18
4
5
13
15
1
1921—Jan.
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct.
Nov
Dec
43
32
20
53
39
21
30
23
38
29
38
58
353
279
19
31
32
18
29
22
34
27
33
53
283
236
163
298
235
170
263
159
248
231
284
451
86
64
49
8?
63
111
104
94
88
114
119
219
131
167
100
139
168
59
64
59
152
53
144
202
5
2
12
11
3
1
60
3
3
21
1
3
61
9
4
197
172
114
171
172
59
159
65
152
56
156
229
3
95X
4
3
8
24
4
3
70
43
27
15
85
14
31
63
96
48
51
80
77
46
19
223
70
27
13
8
40
18
47
57
76
46
13
223
19
27
13
8
40
15.
47
49
1922— Jan
Feb
Mar
Apr
May....
June
July..,..
Aug
Sept
Get
Nov
Dec
46
36
52
67
62
55
39
20
58
37
21
31
40
31
44
53
52
48
27
17
49
28
18
28
315
265
298
390
490
375
218
170
473
233
152
257
108
66
114
137
106
118
91
63
98
69
42
64
11
83
11
5
95
5
5
9
90
;!
12
18
196
116
173
249
288
253
122
98
285
161
98
175
164
86
144
221
218
196
104
58
130
141
79
104
7
26
13
9
60
43
15
28
30
13
17
32
93
50
142
149
32
106
55
2
22
54
29
29
58
49
83
134
106
75
117
33
90
89
37
28
58
48
81
66
104
63
116
32
84
84
37
27
698 1,557
65
5
2
35
40
25
5
17
18
10
14
2
12
125
3
40
3
1
1
1
2
1
1
1
1
• 3
1
1
2
1
I
1
1
1
1
1
2
. I "~42~
1
3
6
1
2
2
2
Foreign
69
12
3,187
856
1,236
1,596
1,834
181
264
31
135
185
20
89
1
2
8
119
119
28
88
1
4
1,430
125
75
59
16
5
18
51
30
17
42
24
50
35
75
59
16
4
10
45
24
12
26
9
8
25
1
4
6
2
5
16
15
10
7
88
24' 1
15
6
18
19
6
15
3
5
13
13
65
20
14
6
17
14
6
15
2
5
13
13
75
45
12
221
18
27
13
8
39
15
46
47
75
45
11
221
18
27
13
8
37
15
40
47
57
47
79
66
61
62
113
26
83
82
35
25
57
47
71
66
36
56
113
25
83
82
34
16
121
18
2
1
1
4
4
32
3
3
2
75
1
149
27
6
3
5
1
1
100
4
1
6
1
51
3
6
8
25
5
..
1
10
3
8
1
2
68
2
12
2
1
6
5
1
488
BANKING AND MONETARY STATISTIC
NO. 137-NEW SECURITY ISSUES, BY MAJOR GROUPS OF ISSUERS, MONTHLY, 1919-1941-Continued
[In millions of dollars]
For refunding
For new capital
Domestic-
Domestic
Year and
month
Total
Total
Total
State
and
municipal
Corporate
Federal
St 3cks
Bonds
agencies Total and
notes Pre- Comferred mon
1
Corporate
State FedForand eral
eign
munic- agenBonds
St jcks
Total and
ipal
notes ~PnT Comferred mon
178
27 1
50
41
35
74
2
21
4
19 !
65
15
1
139
36
1
25
24
25
36
5
35
74
2
21
3
18 — ..
62
14
1
2 _......
1
2
2
1
4 .,,._,,
1
2
3
2S
111
12
26
49
63
46
93 i
39
57
5
58
26
19
9
IS
48
61
44
89
28
57
3
53
3
...
3 ...
3
5
6
3
2
6
13
4
4
5
5
1
1
85
48
70
69
35
68
75
29
10
70
11
41
S3
47
70
66
26
50
41
19
13
65
5 !
37
1
3
2
2 ""•>5~
2
67
23
2
75
23
26
40
14
14
14
9
5
19
48
48
21
55
13
69
17
11
8
5
24
13
45
45
73
48
24
11
5
41
7
52
22
55
40
44
179
35
53
99
36
77
2
24
70
19
67
21
99
94
100
131
117
241
115
107
121
91
73
90
69
5
2
4
0
44
14
1
10
15
7
2
271
227
253
249
447
249
159
157
215
326
228
248
207
169
198
204
199
220
121
123
176
248
173
162
15
12
5
29
41
16
31
19
32
55
9
55
49
47
50
16
207
13
7
16
7
23
46
31
92
63
2
44
53
16
83
81
72
189
112
163
31
96
22
28
53
68
50
104
156
63
9
79
29
20
13
28
49
65
48
94
43
57
6
59
533
461
363
470
473
428
415
266
379
340
393
604
133
77
108
89
187
138
132
80
112
74
66
157
37
9
12
6
36
2
3
1
5
8
6
44
363
374
243
375
250
288
280
186
263
258
321
404
295
278
163
239
184
199
174
131
192
142
177
278
43
41
66
106
31
38
44
22
44
72
38
48
25
55
14
29
35
50
62
33
28
43
107
78
64
94
78
47
30
136
150
58
84
98
174
72
95
• 96
80
90
43
107
118
33
105
81
18
50
88
52
76
79
39
£9
93
33
20
81
12
43
64£
56£
606
53!
648
571
524
284
44E,
508
432
541
567
499
561
396
555
472
411
216
360
373
332
447
68
171
115
109
136
135
89
71
136
102
69
142
5
4
29
2
4
30
6
4
2
1
4
493
324
416
285
415
307
317
141
223
270
259
305
344
201
242
255
235
253
222
117
176
228
167
225
78
75
104
20
24
31
27
12
22
32
38
47
71
48
70
9
157
23
68
12
24
10
54
33
79
70
45
143
93
99
113
68
86
135
101
94
83
69
45
116
14
144
60
59
43
64
268
80
65
26
39
101
14
133
54
57
36
45
266
44
2
63
1
25
37
2
...
2 .... 99
12
2
40
88
5
54
1
1
56
1
35
44
1
264
2
41
3
818
685
560
652
686
743
432
43<J
487
842
464
750
669
607
452
455
636
639
364
339
419
595
376
666
203
76
87
128
213
155
85
91
114
117
97
109
24
4
4
13
3
2
1
442
526
361
314
421
482
278
248
302
446
279
558
347
267
255
233
290
371
206
169
189
350
171
334
54
174
21
48
71
51
47
32
50
73
65
190
42
85
85
34
59
60
26
48
63
23
42
34
148
78
107
196
49
104
68
101
67
247
88
84
133
256
103
234
275
198
24
168
110
169
269
278
107
246
103
231
269
141
24
168
79
135
209
266
4
1
...
1 ....
7
3
4
1
347
390
356
449
466
456
273
182
329
557
654
889
224
262
200
240
212
153
101
122
181
198
261
231
64
86
109
74
121
70
78
16
56
144
135
195
58
41
47
134
133
233
95
44
91
214
258
463
115
89
111
127
224
192
45
1
93
46
103
117
200
242
365
339
174
228
40
20
55
67
57
59
157
196
365
321
165
152
40
20
39
49
57
59
632
296
312
354
272
425
202
166
194
358
429
376
96
77
67
80
94
159
67
54
56
85
97
112
94
14
24
33
13
62
5
1924— Jan._____
Feb.___.
Mar..._.
Apr.-..
May___.
June.--.
July.—.
Aug._...
Sept.....
Get
Nov.....
Dec
561
485
371,
456
676
617
421
450
574
684
430
583
530
390
357
428
62C'
55(3
371
34f
418
621
421
504
438
326
355
384
570
534
288
265
346
432
308
341
1925— Jan.
Feb.,...
Mar.___.
Apr.....
May.-.
June....
July.....
Aug
Sept
Get
Nov..._.
Dec.....
692
650
521
607
54f
671
68c
358
568
518
586
72e
597
554
441
517
503
564
565
325
463
437
568
676
1926— Jan
Feb.....
Mar
Apr .
My..
a..
June....
July
Aug.,...
Sept.....
Got
,
Nov
Dc..
e...
728
636
651
655
662
714
585
343
48t
572
70C
622
j 927— Jan.
951
941
Feb.....
Mr..
a . . , 663
Apr.,... 885
M y . . 961
a..
June.... 941
July..... 45fc
Ag..
u . . . 607
597
Sept
G t . . . 1,011
e...
Nov...., 733
D c . . 1,028
e...
562 447
761
853
611 522
595 484
960
1,039
699 572
846 622
1,016
1,024
796 603
43fc
39S 354
251 250
270
543
488 395
702 656
770
941 839
99$
1,221 1,162 1,045
Total
346
128
182
133
135
180
109
97
108
174
216
169
705
344
335
365
277
46(5
205
218
21 ti
412
468
4U
1928— Jan.—
Fb..
e...
Mar.___.
Apr
My..
a..
June
July.....
Ag..
u...
Sp...
et..
Oct.—
Nv..
o...
Dc..
e...
Total
442
205
221
242
165
205
130
112
137
206
309
262 [
884
380
388
464
313
544
211
242
286
432
535
440
1923— Jan.
Feb.....
Mr..
a...
Apr.,,.....
May....
June-_
July. — .
Aug .
Sept.....
Get
Nv..
o...
Dc..
e...
Foreign
4
32
1
2
98
2
130
2
126
...
123 ...
152
27
121
1
80
68 ...
...
64
1
99
15
170
8
148
179
29
52
98
36
77
2
24
5
19
67
17
3
1
3
1
2
2
— __.
2
1
1
65
1
1
4
2
2
76
9
2 ....
....
6
2
2
1
3
12
1
2
2
1
1
2
2
25
I ,
2
5
4
9
10
9
9
2
3
4
1
4
2
89
226
93 i
113
265
92
16
92
72
101
200
226
2
4
4
7
3
9
1
1
2
1
1
1
155
192
361
314
162
143
39
19
37
48
56
58
130
180
263
240
108
37
11
6
24
22
10
23
4
3
2
10
113
6
2
20
8
44
4
11
4
38
2t>
85
7
1
57
4
3
2
23
36
1
98
12
88
— •-47
53 1
3 ""2"
33 i -----32
1 "86°
177
31
11
103
245
102
132
266
137
23
166
75
133
205
263
6
1
1
17
44
6
15
10
' 6
2
7
19
1
37
3
10
9
12
Jl
9
26
10
7
3
7
74
3
32
5
23
4:1
3
6
58
16
1
85
14
51
63
2
5
...
..
4
2
-.„
..
— —
34
60
12
43
9
46
Jl
...
J3 ...
(iO
9
3
4;3
76
'8
'
13
110
43
33
~~~ig"
18
MONEY RATES AND SECURITY MARKETS
489
NO. 137-NEW SECURITY ISSUES, BY MAJOR GROUPS OF ISSUERS, MONTHLY, 1919-1941-Continued
[In millions of dollars]
For refunding
For new capital
Domestic
Domestic
Year and
month
Total Total
Total
1,061
1,042
Feb";;; 1,016
Mar
i QOQ—Jan.
810
Apr
May,.,. 1,529
748
June
July,..., 954
888
Aug
Sept..... 1,621
870
Oct..
298
Nov
676
Dec
913
878
869
915
772
956
662
675
1,137 1,074
613
731
852
894
863
838
1.313 1,301
836
794
280
246
579
521
State
and
munic>al
Corporate
Corporate
ForForState FedFedeign Total Total and eral
eign
eral
Stocks
Bonds
munic- agenBonds
agenStocka
ipal cies Total and
cies Total and
^notes Pre- Comnotes Pre- Comferred mon
ferred mon
74
68
104
91
175
150
84
81
99
118
84
289
804
800
668
571
899
463
768
757
1,201
676
163
232
199
95
192
143
125
154
156
174
141
137
76
160
185
74
.162
71
- 91
84
105
63
83
111
45
125
185
74
162
71
91
84
105
60
69
96
45
125
138
35
109
31
84
80
27
34
58
38
29
101
47
39
48
15
7
4
63
26
42
35
47
15
7
4
62
24
6
47
9
6
4
2
1C33— Jan...
110
Feb
57
Mar
19
Apr
45
M y . . 67
a..
June
224
J l . . . 167
uy..
Aug
56
Sept
95
Get..
59
Nov
89
Dec
76
65
20
17
26
44
116
122
46
64
58
87
57
65
20
17
26
44
109
116
46
64
58
87
57
33
17
13
9
40
97
29
32
37
55
80
41
1934— Jan
,
Feb
Mr.,
a...
Apr
May,-.,
June
Jl...
uy..
Aug..
. Sept
Oct
Nov..
Dec
91
89
149
242
144
307
376
210
71
157
137
187
48
81
99
141
100
119
214
180
39
122
104
139
48
81
99
141
100
119
214
180
39
122
104
139
37
61
.83
98
' 58
98
88
19
32
38
86
104
5
7
3
15
13
12
105
153
1935—Jan
Feb
Mr..
a...
Apr
My..
a..
June
141
96
290
507
473
513
92
50
105
90
83
55
92
50
105
90
82
55
81
44
97
64
37
42
6
83
10
4
17
12
48
13
18
22
19
1
1
3 ...
,,„
17
1'
4
12
3
53
14
9
3
7
16
12
9
24
26
10
8
2
1
1
1
2
43
8
50
101
44
189
162
29
32
35
33
48
3
7
8
17
39
14
1
1
1
2
3.
2
1
3
8
46
10
§
3
6
15
6
3
14
15
1
1
7
4
1
1
7
6
3
4
2
9
2
2
8
34
5
7
8
22
45
14
2
2
1
3
19
8
5
8
35
24
43
8
50
97
44
189
162
29
32
35
28
48
18
4
15
9
21
17
6
8
9
4
6
17
1
1
1
49
46
185
418
391
457
49
46
185
418
391
457
16
10
53
92
42
23
5
1
5
1
59
15
4
34
247
4
23
9
180
1
5
76
18
14
21
29
72
34
70
50
111
59
26
32
35
1932— Jan
Feb
Mr... a...
Apr
May,._,
June
Jl...
uy..
Aug.
Sept
Oct.
Nov
Dec
6
13
14
28
29
9
20
8
7
42
36
182
15
130
202
84
144
45
7
43
1
21
21
27
8
7
36
16
3
18
42
36
2
17
12
48
43
182
19
136
203
124
144
45
7
43
1
21
21
235
47
250
166
132
100
113
34
94
14
26
28
35
3
1
1
2
5
6
2
10
1
1
2
4
96
5
13
43
15
35
2
280
74
260
267
161
106
115
46
106
17
50
67
10
1
45
37
3
19
17
54
45
10
31
1
2
19
19
19
3
66
13
3
2
2
5
2
23
39
49
6
118 . 9
279
15
• 102
173
119
93
15
74
114
12
16
54
6
12
44
48
11
10
45
37
3
19
23
108
45
10
31
1
2
19
57
29
18
51
68
51
32
83
62
60
7
9
335
201
553
370
334
225
223
120
221
45
110
123
22
28
2
6
7
33
15
25
49
107
4
18
31
18
68
35
71
51
94
61
32
86
114
69
12
12
430
207
566
412
349
260
225
120
244
45
112
123
4
9
5
13
2
6
9
33
15
25
49
107
4
19
31
18
62
96
113
151
101
178
78
17
5
87
1
19
613
225
702
615
473
404
270
127
287
46
133
144
16
13
14
21
15
1
29 ""'39' 20
72
15
4
34
30
64
9
1
50
4
111
6
10
24
5 ----32
1
17
35
122
128
68
161
356
78
20
27
35
10
15
70
1931— Jan.
Feb
Mar...._
Apr
May
June
July.___
Aug.
Sept
Oct.
Nov..
25
181
14
129
187
50
122
41
6
19
1
20
19
4
484
21
238
55
393
100
320
51
440
75
225
297
51
12
44
222 • 26
12
106
3
117
1
93
26
15
r
181
14
129
187
81
122
41
6
20
1
20
19
145
122
60
135
392
6
60
25
307
34
16
85
611
387
516
582
847
378
367
83
284
127
136
164
Dec..;;:
55
27
15
47
54
45
26
67
57
46
4
7
148
126
60
135
392
16
60
25
308
34
18
97
108
80
123
149
140
148
107
83
76
151
85
184
15
55
28
15
47
63
47
26
68
57
55
4
7
35
47
184
13
63
118
42
25
13
42
34
58
719
470
658
731
988
533
475
166
375
278
247
364
1
8
61
77
54
68
104
438
378
306
287
478
236
479
426
858
293
118
109
1930—Jan
849
781
Feb
601
566
842
771
Mar
882
933
Apr
1,183 1,089
May
772
711
June
553
J l . . . 584
uy..
Aug.
270
183
380
Sept..... 493
434
365
Oct
260
248
Nov
383
Dec
395
2
20
143
120
58
134
391
6
59
25
307
33
15
83
106
250
132
95
98
114
145
235
171
148
4
18
261
171
230
190
322
112
144
95
172
235
40
105
2
1
2
1
2
1
1
1
1
2
2
3
3
5
4
5
15
4
5 "
3
3
1
1
1
4
2
2
4
1
3
11
20
20
1
12
36
17
70
5
11
7
14
""is"
2
2
13
58
3
24
126
10
10
31
22
12
2
23
112
134
82
115
2
23
112
115
82
115
1
10
3
1
8
1
1
2
12
11
7
53
1
27
10
3
52
10
5
3
4
6
1
40
31
1
2
6
2
49
2
2
6
54
30
2
2
13
58
3
24
126
10
10
31
22
12
30
13
20
192
267
319
57
27
10
1
23
2
22
30
20
147
30
11
13
2
39
1
4
5
4
5
19
490
BANKING AND MONETARY STATISTICS
NO. 137-NEW SECURITY ISSUES, BY MAJOR GROUPS OF ISSUERS, MONTHLY, 1919-1941-Continued
[In millions of dollars]
For new capita
For refunding
Domestic
Year and
month
Domestic
Corporate
Total
Total
Total
State
and
municipal
1935— July.— .
Aug
Sept..-..
Oct. ..
Nov
Dec.-...
640
426
437
308
384
422
127
194
173
148
118
221
127
148
173
147
118
221
72
33
128
59
85
114
1936— Jan.
Feb.....
Mar
402
303
763
986
420
734
339
297
409
464
372
726
123
107
128
176
112
218
104
217
178
186
158
266
116
107
128
176
112
217
103
217
177
173
158
266
51
90
58
48
68
64
33
46
103
78
49
48
1937— Jan.
Feb.....
Mr..
a...
Apr.....
May
June.,..
July
Ag...
u...
Sept
Oct
Nov. ...
Dc..
e...
604
529
384
285
292
574
342
188
222
206
137
176
284
192
187
160
149
367
247
79
155
97
104
117
244
192
187
160
149
367
247
79
155
94
104
117
1938—Jan
Feb
Mar._.._
Apr,....
My..
a..
June
July
Aug
Sept
Oct
Nov.....
Dec
122
201
246
352
220
513
470
419
238
766
386
516
92
83
126
196
159
349
391
183
146
167
226
241
Federal
agencies Total
Foreign
27
29
42
70
30
48
26
2.
...
..
3
3
17
2
65
13
59
128
38
152
70
171
75
95
109
218
61
4
46
102
13
123
39
146
48
60
97
100
2
4
2
2
2
19
7
14
7
13
6
11
2
6
11
24
22
10
23
10
19
22
6
108
147 ""i"
34
47 ...
..
70
37
29
91
76 "~89~
28
41 ...
...
27
43
25
70
97
155
139
79
83
276
82
51
114
67
36
47
66
21
99
3
99
18
38
11
52
7
194
61
40
36
34
3
87
15
46
20
31 ...
...
29
92
82
126
196
159
346
390
183
146
167
196
241
40
41
93
45
88
130
43
55
53
103
152
126
46
41
24
12
38
202
130
128
85
64
44
60
40
41
23
11
22
193
128
123
83
62
37
44
258
1939— Jan
561
Feb.
Mr.,
a . . . 249
358
Apr
1,313
May
587
June
July.-.,. 590
449
Aug
Sept.— 181
743
Oct
218
Nov
Dec
335
201
201
398
378
167
167
144 , 144
117 i 117
275
265
318
318
102
82
42
42
338
338
89
89
99
99
77
44
105
64
94
234
65
56
16
42
67
68
6
24
58
78
22
31
50
26
16
20
22
31
5
17
48
48
18
23
40
23
14
14
15
22
288
1940—Jan
F b . . 452
e...
243
Mar
Apr.
350
252
May
227
June
July..... 711
Aug...., 284
Sept..... 229
Oct.— 710
Nov
442
Dec
614
95
104
72
122
122
82
400
129
113
257
264
190
94
104
72
•122
122
82
400
129
113
257
264
190
59
57
35
57
29
70
61
61
45
97
53
128
35
46
32
59
90
10
50
68
68
48
169
62
20
43
17
36
80
8
47
53
64
22
166
46
May 7 1 ~
.
June
July— .
Ag..
u...
Sept.....
Oct
Nov..-..
Dec.....
"is"
"40"
4
11
...
,.
1
6
9
140
33
14
216
8
55
118
310
4
2
2
203
10
276
1
6
6
3
2
289
112
42
Total
Jonds
Stocks
and
notes Pre- Comferred mon
55
30
45
73
33
67
85
Total
3
513
"46" 231
... 265
..
220
266
201
7
...
..
1
13
40
10
53
23
29
24
21
6
13
11
3
1
4 . ...
...
8
4
1
1
16
9
3
1
2
1
12
1
1
1
2
6
5
2
1
3
1
4
2
2
4
15
1
13
3
10
1
10
1
2
2
1.
5
4
1
6
9
30
1
3
4
1
3
5
6
14
1
11
8
10
1
1
2
2
16
2
7
3
1
31
~prir
11
487
180
231
179
217
101
482
156
230
164
216
85 '•
5
24
18
1
...
..
16
1
4
3 i! "~i2~
201
181
536
530
267
376
225
62
175
272
155
40S
201
170
525
492
252
325
222 '
55
156
249
145
395
39
11
1 .„„..
11 . . . . .
....
37
45
12
4
1
3 " "
47
2
1
6
19
4 ...
18
..
7
3
1
12
204
240
181
88
92
155
58
57
39
72
88
156
162
70
71
144
21
51
16
33
21
13
28 •
19
278
196
635
810
308
516
236
80
231
278
214
459
240
196
616
765
308
514
236
80
231
278
199
459
38
8
71
37
37
45
9
11
56
5
16
49
320
337
197
125
143
206
95
110
67
109
33
58
290
271
197
125
122
206
95
110
67
107
33
58
ao
9
12
14
14
21
8
25
7.
2
4
15
26
21
4
23
16
30
29
27
20
34
27
23
29
117
120
156
61
164
79
236
- 92
599
160
275
29
117
120
156
61
164
79
236
92
599
135
272
8
22
16
5
5
14
3
11
22
2
6
15
18
32
45
84
31
52
20
14
6
323
22
20
4
62
59 ,
67 !
26
99
56
211
65
274
108
237
1
3
62
59
67
26
99
56
211
65
274 .....
....
89
11
226
27
19
10
17
15
15
11
21
8 1,021
39
21
13
74
13
18
8
51
10 235
13
26
22
19
10
136
49
129
151
252 !
181
301
80
157
91
196
10
101
48
106
131
249
143
292
80
157
88
189
138
211
104
192
84
101
242
113
66
345
94
335
102
197
90
154
84
101
240
108
64
332
68
292
193
348
171
228
130
145
. 312
155
116
453
178
424
1
Corporate
FedForeral
eign
agenBonds
Stoeks
cies Total and
notes
Comferral mon
513
213
265
216
262
201
57
57
20
163
163
81
78
214
161
1,196 1,180
312
10 312
273
273
20 347
332
139
139
404
403
130
130
237
237
1
State
and
municipal
193
348
171
228
130
145
312
155
116
453
178
424
26
115
49
18
21
15
21
14
24
80
25
75
13
24
17
81
6
9
199
4
93
2
8
...
..
28
3
29
22
18
17
25
29
48
28
26
28
59
14
21
116
28
15
5
20
10
28
3
38
30
66
56
4
13 "ll"
1
2
9
3
1 ! ...
..
72
1
21
1
"Is"
3
35
3
53
16
23
20
2
38
9
15
2
3
5
2
36
14
14
38
1
2
4
1
14
26
39
4 --'•- = 1
2
1
1
2
330
23
31
273
276
53
330
1941— Jan,___,
96
425
96
40
51
272
27
17
227
17
•92
272
364
92
2
210
Feb.-.8
47
40
4
38
32 ...
4
223
183
93
11
84
115
9
87
56
1
219
183
87
29
...
M r . . 406
a..
28
107
107
645
175
921
746
746
3
40
Apr
39
29
7
175
61
74
162
35
3
28
197
5
64
299
299
106
106
37
My.
a . . 405
61
362
26
223
108
5
362
882
520
3
113
June,__
370
91
77
10
520
59
212
317
41
11
15
216
87
76
47
34
317
301
300
3
July,.,, 617
10
2
12
74
111
111
472
361
34
2
25
73
327
324
2
361
Aug
27
5
21
161
156
34
209
65
65
31
4
Sp..
e t . . 274
22
8
209
35
167
167
133
51
35
97
96
104
3
300
133
29
Oct
ft
32
4
42
13
125
109
109
51
29
89
83
3
125
19
N v . , 234
o..
1
2
142
142
18
25
59
57
80
62
103
103
43 " 6
D c . . 245
e..
1
17
Sources.—For domestic issues, Commercial and Financial Chronicle; for foreign issues, United State^ Department of Commerce. For description of series see introductory text, pp. 431-33,
MONEY RATES AND SECURITY MARKETS
491
NO. 138-NEW CORPORATE SECURITY ISSUES, BY PROPOSED USES OF PROCEEDS
AND BY MAJOR GROUPS OF ISSUERS, MONTHLY, 1934-1941
PROPOSED USES OF PROCEEDS, ALL ISSUERS
[In millions of dollars]
Proposed uses of net proceeds
Estimated Estimated
net
gross
proceeds
proceeds
Year and month
Plant and
equipment
Total
1934
1935
1936
1937 .
1938
1939
1940
1941
Retirement of securities
New money
Working
capital
Total
Bonda and
notes
Repayment
of *
other debt
Preferred
stocks
Other
purposes
84
170
154
111
215
69
174
144
11
23
49
36
7
26
19
28
397
2,332
4,572
2,310
2,155
2,164
2,677
2,667
384
2,266
4,431
2,239
2,110
2,115
2,615
2,623
57
208
858
991
681
325
569
868
32
111
380
574
504
170
424
661
26
96
478
417
177
155
145
207
231
1,865
3,368
1,100
1,206
1,695
1,854
1,583
231
1,794
3,143
911
1,119
1,637
1,726
1,483
17
1
7
5
72
51
87
12
13
24
59
49
16
1
6
4
71
49
85
12
13
24
58
46
4
2
2
12
12
6
2
2
1
3
2
3
2
15
19
1
5
1
1
12
1
3
61
47
52
4
6
2
36
8
3
61
47
52
4
6
2
36
8
48
31
115
130
156
171
530
168
248
273
266
196
47
31
112
126
151
167
515
161
242
266
258
190
16
2
1
19
18
14
30
18
26
11
23
30
13
28
111
100
115
153
481
118
207
198
223
118
13
28
111
100
115
153
470
112
179
179
219
114
1
7
16
2
16
16
9
18
23
14
1
1
10
10
4
30
2
9
3
5
7
10
6
27
20
3
4
4
25
9
55
12
40
1
309
147
516
700
258
597
316
258
241
380
237
612
295
142 i
502
679
252
581
307
252
234
365
229
594
49
9
33
72
20
97
36
126
69
86
88
173
39
4
14
52
10
58
7
8
38
32
35
83
10
4
19
20
10
39
29
119
31
54
53
90
232
125
444'
580
231
428
258
102
162
266
131
410
229
109
428
563
156
409
228
89
159
239
130
404
3
16
16
18
75
19
29
13
3
27
1
7
13
8
13
19
June
July..
August
September
October
November
December
262
352
298
174
186
389
201
81
155
132
28
52
255
343
288
165
180
378
196
78
150
128
27
50
60
107
85
115
62
189
112
39
104
53
26
38
38
61
65
93
39
63
93
15
33
32
19
24
22
46
20
22
23
126
19
25
72
21
7
14
168
222
. 192
42
116
172
43
37
40
57
1
9
99
197
181
35
96
130
39
37
30
57
1
9
69
26
12
6
20
41
4
1938—January
February
March
April
May
une,. _
July
August
September
October
November
December
48
154
15
74
65
284
181
293
209
381
108
343
46
151
14
73
63
279
177
287
204
371
106
337
44
37
11
8
27
151
123
61
117
24
24
55
39
23
6
2
106
1
106
1
15
107
118
30
84
12
18
45
4
15
5
1
12
44
5
32
33
12
6
' 10
62
25
88
41
189
81
283
70
259
62
24
87
17
168
71
283
52
248
21
163
109
227
46
364
20
159
104
222
45
358
4
16
51
75
18
19
3
2
39
4
16
8
14
13
71
2
11
14
132
46
141
26
333
14
97
46
139
22
333
1 934-— January
February
March
April
May
_ „ , _
une
July
August
September
October
November
December
- -_
1935— January
February
March
April.
May
June
July
August September
October
November
December.
1936— January
February
March. _ _
April
May
June
July
August
September
October
November
December
.
__
1937 — January
February
March
April.
May
_ .
_
1939—January ,.
February
March
April
May
June. „ „ _
_ _ _ _ ...
,
1
1
2
2
2
3
18
2
9
8
10
2
1
71
226
190
87
59
128
100
8
31
6
1
20
3
18
6
1
1
54
11
21
1
2
6
5
19
1
12
7
1
2
2
2
2
11
4
6
1
24
20
11
18
10
36
2
4
6
6
6
1
10
21
8
5
2
1
9
40
2
5
18
1
2
3
10
40
14
37
5
63
12
22
8
1
1
2
I
1
1
2
2
9
2
5
1
2
5
1
5
i
492
BANKING AND MONETARY STATISTICS
NO. 138-NEW CORPORATE SECURITY ISSUES, BY PROPOSED USES OF PROCEEDS
AND BY MAJOR GROUPS OF ISSUERS, MONTHLY, 1934-1941-Continued
PROPOSED USES OF PROCEEDS, ALL ISSUERS—Continued
[In millions of dollars]
Proposed uses of net proceeds
Estimated Estimated
gross
net
proceeds
proceeds
Year and month
New money
Total
Retirement of securities
Plant and
equipment
Working
capital
Bends and
notes
Total
Preferred
stocks
198
383
107
199
84
263
193
375
106
196
81
256
29
29
6
29
17
32
12
20
1
27
9
27
16
8
4
2
7
5
143
339
96
150
55
220
136
337
96
150
52
216
7
3
1 94Q— January .
February
March
April .
May.... _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
June July.,.
August
September ......
October^, _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
November
December
_ __
154
265
101
312
113
144
263
173
108
373
95
575
149
259
97
305
109
141
257
169
106
366
92
565
18
20
24
47
23
20
55
48
43
45
33
193
7
14
11
25
15
16
48
32
35
39
25
158
11
6
13
22
8
4
6
16
9
6
8
35
111
204
67
188
79
114
197
103
57
316
53
364
107
194
55
161
79
114
195
101
55
312
38
315
4
11
12
27
1941 — January
February
March.. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
April
May
June
July
August.
September
October
November--,,-.-...--------.-.
December
268
209
262
184
269
250
122
417
182
204
155
144
263
206
258
181
262
246
119
413
180
201
152
142
48
53
68
42
07
87
51
185
27
91
92
57
44
25
56
26
54
75
35
167
17
64
61
36
4
28
12
17
13
12
16
17
10
27
31
21
207
135
172
132
189
142
56
210
150
92
37
62
182
133
163
110
188
131
54
194
148
91
37
52
Repayment
Other
of
other debt purposes
1939— July
August
September
October
November
December
.-
18
2
3
16
8
1
3
5
2
1
4
1
2
1
2
2
2
5
15
50
16
35
4
69
7
6
3
16
5
2
6
6
26
2
9
21
1
10
2
15
2
1
1
10
1
6
1
17
14
3
2
5
6
1
16
12
14 ---"—jj3
14
5
22
17
6
2
4
3
1
2
2
1
2
1
1
PROPOSED USES OF PROCEEDS, SV MAJOR GROUPS OF ISSUERS
[In millions of dollars]
Public utility
Railroad
Year and month
1*
1934
1935
1936
1937
1938
1939
1940
1941
______,_.
... _
___.. .
-_
___..
___,_._____,_
1 934— JanuaryFebruaryMarch
-,
April...,,...,.
May
June >
July.._._____.
August... September
October
November. _ _
December,,,,
1935— January
February.--..
March _ _ _ _ _
April. „
May.
June
July
August-.-,--.
September...
October,,---,
November...
December
Total
net
proceeds
172 '
120
774
338
54
182
319
361
RetireAU
New ment of other
money securi- 1 pur-1
ties. poses
21
57
139
228
24
«5
115
253
31
10
77
1
18
130
1,250
1,987
751
1,208
1,246
1,180
1,340
All
RetireNew ment of other
money securi- pur- 1
ties
poses
a
30
63
89
"8
245
317
12
2
60
49
36
4
1
21
19
27
12
33
1
15
11
2
1
21
1
1
1
2
1
15
60
47
. 5
e
5
15
9
2
21
31
8
I
1
\
43
6
9
20
27
2
3
50
74
33
99
307
38
151
183
226
86
77
1,190
1,897
611
943
1,157
922
993
2
40
1
0
5
1
16.
1
2
1
1
4
3
19
2
50
72
29
99
306
35
146
178
198
74
Other
RetireAll
New ment of other
money securi- pur- 1
ties
poses
62
774
1,280
1,079
831
584
961
828
25
74
439
616
469
188
167
244
Total
net
proceeds
RetireAll
New ment of other
money securi- pur- 1
ties;
poses
4
8
4
1
3
4
2
12
1
Total
net
proceeds
42
30
27
50
86
47
13
30
2
9
2
18
21
4
8
6
For footnote see opposite page.
120
54
558
110
30
97
186
108
Total
net
prch
ceeds
Industrial
6
2
20
6
I
4
1
1
1
9
12
34
550
761
373
226
353
738
463
3
2
2
2
150
80
90
136
43
56
121
46
218
57
8
9
42
55
72
U>2
7
7
S8
9
JS
19
4
20
7
1
5
104
21
3
7
4
1
1
2.9
5
9
4
20
1
24
27
43
22
106
54
184
58
80
76
20
82
2
3
27
43
8
82
46
175
32
59
16
15
44
9
18
7
6
2
12
7
4
9
20
122
390
71
16
102
155
94
.
0
4
1
1
13
18
19
6*
6
3
24
9
53
1
29
23
1
1
3
2
24
50
5
11
1
14
10
1
1
3 •--- -2
24
50
1
4
3
1
3
MONEY RATES AND SECURITY MARKETS
493
NO. 138-NEW CORPORATE SECURITY ISSUES, BY PROPOSED USES OF PROCEEDS
AND BY MAJOR GROUPS OF ISSUERS, MONTHLY, 1934-1941-Continued
PROPOSED USES OF PROCEEDS, BY MAJOR GROUPS OF ISSUERS-Continued
[In millions of dollars]
Railroad
Year and month
1936 — January
February
March
April
May
June.
July
August .
September...
October
November
December
1937 — January
February
March
April
May
June
July.. ..
August
September
October
November
December
1938 —January
February.
March
April
May
June
July........
August,.
September, _.
October.
November
December
Total
net
proceeds
Public utility
RetireAH
New ment of other
money securi- pur- 1
ties
poses
78
31
47
126
137
49
198
45
51
27
9
15
39
7
18
119
104
49
131
44
25
19
21
10
7
9
8
25
57
50
46
72
62
15
6
12
1
12
7
45
43
72
22
15
3
9
1
7
4
46
16
4
6
6
3
8
1
1
40
4
3
5
6
6
3
8
1
30
30
1939—January _ _ _
February
March
April,
May....,
June
July
August
.
September...
October. _.
November
December
5
13
28
2
5
13
7
7
12
7
23
4
74
21
4
14
1940= January
February
March
April
May,..
June
July.._____
August..
September
October
November,.
December
23
1
38
87
11
7
15
39
11
46
27
12
3
1
5
5
11
2
15
14
10
16
22
12
20
1941— January..
February
March.. _.
April. ..
May....
June
...
July
August. .
September
October..
November
December
32
71
8
2
45
58
23
24
42
25
1
28
27
21
'3
5
50
5
2
1
28
2
4
11
45
51
23
24
7
21
1
28
34
82
5
35
4
16
1
2
1
3
2
19
65
93
193
297
102
169
131
59
120
251
65
354
72
138
142
21
49
152
28
35
14
79
6
15
9
3
1
10
3
19
1
5
13
15
5
5
63
133
141
10
46
125
2
30
1
51
1
8
38
37
2
1
6
24
9
25
1
11
19
7
1
62
14
4
10
14
2
73
106
20
53
59
7
1
6
12
3
112
37
83
24
257
78
238
50
154
59
150
7
2
1
7
2
11
2
31
1
65
95
206
310
102
186
137
61
121
255
72
376
All
RetireNew ment of other
money securi- pur- 1
poses
ties
39
106
4
65
37
137
43
224
58
277
88
130
15
7
14
50
5
3
Total
net
proceeds
Industrial
2
13
2
16
104
127
43
58
213
18
365
110
58
177
82
141
113
39
307
114
79
59
62
1
3
1
2
2
7
62
23
87
35
170
57
263
66
118
3
110
32
82
24
243
51
236
40
137
50
140
2
8
1
1
5
1
5
3
2
8
25
13
1
8
1
3
8
25
30
2
4
5
1
2
4
14
15
3
1
1
2
1
5
27
16
11
9
1
144
70
92
16
37
1
98
100
26
47
202
16
219
15
2
47
18
6
12
13
138
6
11
46
3
93
55
129
64
134
97
26
169
106
63
11
46
2
2
1
2
1
2
1
2
1
1
1
4
2
5
1
12
Total
net
proceeds
Other
All
RetireNew ment of other
money securi- pur- 1
poses
ties
152
44
92
230
'100
179
57
41
78
64
83
161
17
6
20
40
19
50
13
15
53
40
42
124
121
32
68
180
80
121
36
18
22
13
41
29
14
6
4
10
1
9
8
8
2
11
110
153
98
71
67
169
161
30
135
38
20
28
34
58
39
32
35
118
108
25
90
31
20
27
54
84
48
31
30
42
38
4
39
1
1
22
11
11
7
1
9
15
2
5
6
6
44
10
2
26
142
128
60
134
93
18
168
5
1
44
8
2~
21
126
108
33
104
11
5
47
RetireAll
New ment of other
money securi- purties . poses1
1
2
2
78
2
1
18
68
100
8
36
59
18
2
1
1
1
10
21
100
8
34
36
5
15
1
2
2
2
42
1
1
10
1
2
1
37
1
1
1
3
1
2
1
7
1
1
1
4
1
4
1
9
1
2
1
6
19
24
20
5
103
3
15
14
8
6
62
8
18
2
10
4
5
2
10
53
30
2
3
1
1
3
1
13
1
8
47
1
18
13
1
5
1
5
1
5
1
1
1
1
7
6
5
2
2
1
64
7
12
34
38
136 ;
20
92
99
72
19 i
17 1
15
31
3
15
20
72
18
9
8
15
9
10
6
9
14
59
2
83
84
51
9
10
4
21
39
122
33
99
91
30
114
85
35
105
37
171
12
4
11
21
6
13
12
17
22
19
4
26
20
112
18
69
78
11
97
66
8
84
32
141
7
5
4
9
7
5
4
2
5
2
1
4
14 ;
31
6
65
7
2
1
6
5
7
13
29
2
1
2
10
17
1
1
1
6
12
1
120
43
72
88
76
75
48
76
23
75
85
46
6
7
17
16
16
24
9
22
13
49
41
25
109
27
39
66
54
38
29
40
9
13
24
15
5
10
17
7
6
13
10
14
1
14
21
6
1
33
]
8
23
1
8
3
10
6
1
22
6
6
6
1
1
10
4
1
5
5
Includes repayment of other debt and other purposes.
Source.—Securities and Exchange Commission. For description of eeriefsee introductory text, pp. 431-33.
Total
net
proceeds
1
1
1
6
51
30
1
1
1
1
60
4
4
1
7
1
12
2
2
5
5
494
BANKING AND MONETARY STATISTICS
NO. 139-BROKERS' LOANS BY GROUPS OF LENDERS, QUARTERLY,
SEPTEMBER 1918-DECEMBER 1932; CALL DATES, 1933-1938'
[Figures partly estimated. In millions of dollars]
Date
Total
By
New York
City banks
By
outside
banks
By
others
Date
Total
New York
City banks
By
outside
banks
By
others
._...
1,010
1,000
590
575
125
145
295
280
1928— Oct. 3
Dec. 31
5 510
6,440
880
1,640
1 020
915
3 610
3,885
1919— Mar. 31
June30..._. _.,.__.
Sept. 30
Dec. 31...
1,060
1,510
1,590
1,610
560
770
770
715
200
335
390
420
300
405
430
475
1029— Mar. 27
June 29— .
Oct. 4
Dec. 31 .
6,825
7,070
8,525
4,110
1,100
1,360
,095
,200
775
665
790
460
4,950
5,045
6 640
2,450
1920— Mar. 31
June 30
Sept. 30
Dec. 31
.
1,420
1,400
1,350
1,080
465
445
365
390
395
300
300
285
560
655
658
405
1930— Mar. 27 .
June 30
Sept. 24
Dec 31
4,550
3 795
3,670
2 105
,475
,885
,715
280
865
480
760
215
2,210
1 430
1,195
610
1921— Mar. 31
June 30
Sept. 30
Dec. 31
„...
1,020
1,000
990
1,190
325
365
370
545
290
255
255
265
405
380
365
380
1931— Mar 25
June 30
Sept. 29. .
Dec. 31
2 110
1,600
1,220
715
365
,065
840
540
265
155
90
35
480
380
290
140
1,300
1,670
1,820
1,860
575
790
855
945
310
370
445
410
415
510
520
505
1932— Mar. 31
June 30 , _
Sept. 30
Dec. 31
620
335
510
430
390
260
390
335
80
20
25
20
150
55
95
75
1'923— Mar. 31—... ..
June 30
Sept. 30
Dec. 31. „ _ _ _ „ . . „ _
2,000
1,730
1,520
1,580
870
800
600
720
530
420
420
410
600
510
500
450
1933—June 30
Oct. 25
Dec. 30
890
830
915
720
625
705
70
125
135
100
80
75
1924— Mar. 31
June 30
Sept. 30
Dec. 31 . .
1,690
1,740
1,970
2,230
740
950
1,070
1,150
450
380
440
530
500
410
460
550
1934=- Mar. 5
June 30
Oct. 17
Dec. 31
945
1,190
865
905
685
S85
630
660
170
200
170
180
90
105
65
65
192&- Mar. 31
June 30
Sept. 30
Dec. 31
2,420
2,660
2,930
3,550
1,040
1,150
1,060
1,450
700
770
950
1935— Mar. 4 .
June 29.... .
Nov. 1
Dec. 31
940
1,005
860
1,080
680
930
825
1,020
195
45
15
30
65
30
20
30
1,050
680
740
920
1,050
3,000
2,930
3,220
3,290
1,030
1,060
905
780
1936— Mar. 4
June 30
Dec. 31
1,125
1,115
1,185
1,045
1,030
1,095
45
50
50
35
35
40
1,160
830
3,290
3,570
3,910
4,430
960
1937— Mar. 31. ..
June 30
Dec. 31
1,200
1,325
770
1,105
1,220
705
55
60
35
1,130
1,170
1,550
910
970
40
45
30
1,060
1,050
4,640
4,900
1,270
1,080
1,070
705
555
560
770
645
510
510
715
30
15
20
15
30
30
30
40
1918— Sept. 30
Dec. 31
1922— Mar. 29
June 28.
Sept. 30
Dec. 31 .
_.
1926— Mar. 31
June 30
Sept. 30
Dec. 31
„
1927— Mar. 31
June 30
Sept 30
Dec. 31
,
1928— Mar. 31
June 30
1
960
1,000
960
1,065
,090
,260
,300
,420
,470
,680
,830
2,300
2,860
1938— Mar. 7
June 30
Sept. 28
Dec. 31
For explanation of the method of deriving these figures, see introductory text, pp. 434-35 and 436-37,
MONEY RATES AND SECURITY MARKETS
495
NO. 140--STREET LOANS MADE BY DAILY REPORTING BANKS
IN NEW YORK CITY, WEEKLY, OCTOBER 1917-JANUARY 1926
[Friday figures through April 22, 1921; Wednesday figures thereafter. In millions of dollars]
Date
Total
For own
account
For
correspondents1
1919
Jan 3
Jan, 10
Jan. 17 .
Jan 24
Jan. 31
794
775
780
777
777
574
542
530
533
540
220
232
250
244
238
Feb. 7
Feb. 14
Feb. 21
Feb 28
772
773
773
794
536
532
513
530
Mar.
Mar.
Mar.
Mar.
7
14 .
21
28 .
793
821
831
861
Apr.
Apr.
Apr
Apr.
4
11
18
25
107
142
135
157
May
May
May
May
May
528
494
479
469
462
158
172
176
188
175
648
629
630
619
476
457
463
461
172
172
167
158
3
10
17
24
31
636
666
670
694
689
483
501
480
497
498
154
165
190
197
191
June 7.
June 14
June 21
June 28
679
722
715
682
499
533
523
521
180
190
192
162
July 5
July 12
July 19
July 26
653
719
725
724
511
567
567
551
Aug. 2.
Aug. 9
Aug. 16
Aug. 23
Aug. 30
723
742
739
742
755
Sept. 6
Sept. 13
Sept 20
Sept. 27
Oct.
Oct.
Oct.
Oct
Total
For own
account
For
correspondents1
1917
Oct 5
Get 11
Oct. 19.
Oct. 26
935
929
882
866
709
701
671
673
226
228
211
193
Nov. 2
Nov. 9.
Nov. 16
Nov. 23.
Nov. 30
836
765
762
726
747
671
609
615
570
599
164
156
147
155
147
Dec. 7Dec. 14
Dec. 21
Dec. 28
719
698
659
664
577
572
539
539
142
126
120
125
1918
Jan. 4
Jan. 11
Jan. 18
Jan. 25
633
599
527
473
505
468
421
383
128
131
106
90
Feb.
Feb.
Feb.
Feb.
1
8
15.
21
510
662J
664
671
404
521
529
515
Mar. 1
Mar. 8.
Mar. 15
Mar. 22
Mar. 29
686
666
655
657
637
Apr. 5
Apr. 12
Apr. 19Apr. 26
May
May
May
May
May
For
For own corroaccount spondenta1
Date
Total
Apr.
Apr.
Apr.
Apr.
Apr.
1920
2
9
16
23 ,
30
,087
,089
,124
,106
,089
475
462
492
469
485
612
627
632
637
604
236
242
259
264
May
May
May
May
7
14
21
28
1,064
1,020
1,005
971
451
424
423
421
613
595
583
550
513
531
541
556
280
290
290
305
June 4
June 11
June 18
June 25 . .
945
931
952
944
420
413
430
438
525
518
523
506
860
900
945
968
560
605
625
628
300
295
320
340
2
9
16
23
29
996
1,022
1,062
1,108
1,147
629
651
679
693
738
367
372
383
415
409
July 2
July 9
July 16
July 23
July 30
938
947
924
917
913
437
419
404
387
379
501
528
520
630
534
Aug. 6
Aug. 13
Aug. 20
Aug 27
885
863
880
863
355
338
347
349
630
525
533
514
June 6
June 13
June 20
June 27
1,205
1,238
1,228
1,246
750
772
751
768
455
466
477
478
Sept. 3
Sept. 10 . .
Sept. 17
Sept. 24 ..
843
872
882
876
329
344
341
346
514
527
541
529
July 3
July 11. .
July 18
July 25 . . . .
1,275
1,307
1,367
1,337
772
771
797
759
503
536
569
579
Aug. 1
Aug. 8
Aug. 15 .
Aug. 22
Aug. 29
1,391
1,369
1,332
1,283
1,266
796
767
741
725
691
595
601
591
558
575
Oct.
Oct.
Oct.
Oct.
Oct.
1
8
15
22 ..
29
895
924
973
949
953
373
390
437
400
394
522
534
536
549
559
Nov.
Nov.
Nov,
Nov.
5
12
19
26
955
936
887
848
381
346
326
326
574
589
561
522
Sept. 5
Sept. 12 .
Sept. 19
Sept. 26
1 291
1,292
1,301
1,313
710
698
720
735
581
594
581
578
1,355
1,377
1,417
1 451
1 511
771
764
767
785
822
584
613
651
666
690
852
863
838
808
814
338
347
352
366
387
514
517
486
442
427
142
153
158
173
Oct.
Oct.
Oct.
Oct
Oct,
Dec. 3
Dec. 10 ..
Dec. 17
Dec. 24
Dec. 31
554
574
561
555
573
168
168
178
187
182
Nov.
Nov.
Nov.
Nov.
7 ..
14..
21.
28._
1,518
1,423
1,368
1,380
782
687
627
634
736
735
741
726
786
781
802
772
346
336
357
341
440
445
445
431
191
183
192 '
186
1,312
1,308
1,299
1 303
595
631
642
663
717
678
657
640
438
456
464
451
578
590
564
590
5
12 ,
19
26
344
313
313
332
769
773
755
775
Dec.
Dec.
Dec.
Dec
782
769
777
782
335
319
312
314
459
464
459
451
4 _ •
11
18
25
755
741
768
821
569
553
578
623
187
189
189
199
Nov
Nov
Nov
Nov
Nov
1
8
15
22
29
782
791
770
749
732
572
581
570
547
521
211
211
200
203
210
1920
Jan. 2
Jan. 9 ..
Jan. 16 .
Jan. 23
Jan 30
793
783
771
765
1,349
1,365
1,322
1,302
1 281
715
694
641
625
606
Feb. 6
Feb. 13 .
Feb. 20
Feb 27
1,238
1,154
1,094
1 091
Dec.
Dec.
Dec
Dec.
6
13
20
27
712
735
752
777
502
510
520
543
210
225
232
234
Mar.
Mar.
Mar.
Mar.
1,074
1,077
1,089
1,081
Date
1
'
3
10
17
24
31
5
12
19
26
Including correspondent banks and other correspondents.
Jan. 7
Jan. 14
Jan. 21
..
..
1921
Jan. 28
Feb. 4
Feb. 11—.
Feb. 18
Feb. 25
-
Mar.
Mar.
Mar.
Mar.
4
11
18
25 ...
635
670
682
678
675
Apr.
Apr.
Apr.
Apr.
Apr.
1
8
15
22
27
757
752
744
747
759
321
326
317
307
308
436
426
427
439
451
•556
484
444
442
681
670
650
649
May
May
May
May
4
11
18
25
755
770.
782
784
308
309
321
328
447
461
461
456
436
451
452
459
638
626
637
622
June 1
June 8
June 15
June 22
June 29
793
786
796
755
744
358
3H
339
332
349
435
473
458
423
395
...
_.
BANKING AND MONETARY STATISTICS
496
NO. 140-STREET LOANS MADE BY DAILY REPORTING BANKS IN
NEW YORK CITY, WEEKLY, OCTOBER 1917-JANUARY 1926-Contiitued
[Wednesday figures. In millions of dollars]
Total
Date
For own
account
For
correspondents 1
Date
Total
For own
account
For
correspondents1
July 6
July 13
July 20
July 27
724
742
740
729
340
333
346
334
385
409
393
396
Oct. 4
Oct. 11 ......
Oct. 18......
Oct. 25 ..
,520
,547
,645
,632
854
819
'911
879
667
729
734
754
Aug
Aug.
Aug
Aug.
Aug
747
739
723
700
687
382
358
343
327
333
366
381
380
373
353
Nov. 1 _ _ _
Nov. 8......
Nov. 15 ....
Nov. 2 2 _ _ _ _ _ _ _ _
Nov. 29
,601
,571
,540
,507
,506
884
849
796
770
784
717
722
744
737
722
Sept. 7
Sept. 14. .
Sept 21
Sept. 28
680
722
739
752
314
352
364
371
366
370
376
381
Dec. 6
Dec. 13
Dec. 20
Dec. 27
.....
,472
,458
,472
,489
740
730
793
818
731
728
679
671
Oct. 5
Oct. 11-12
Oct. 19
Oct 26
770
7f>8
776
775
394
402
417
404
376
366
359
372
Nov. 2
Nov. 9
Nov. 16
Nov 23
Nov. 30
803
822
832
848
849
409
421
430
446
463
394
401
402
403
385
1923
Jan. 3 ......
Jan. 10.....
...
Jan. 17 .....
Jan. 24....
Jan. 31 ,
,589
,552
,613
,556
,549
938
815
818
764
799
652
737
795
792
750
832
884
901
899
442
490
508
494
390
395
393
404
Feb. 7. . . . _ _ _ . .
Feb. 14
Feb. 21. _ . _ _ _ . .
Feb. 28
1,579
1,609
1,620
1,657
774
808
818
865
804
801
802
793
Mar. 7 .....
Mar. 14......
Mar. 21
Mar. 28
1,625
1,643
1,651
1,623
813
800
838
813
812
844
813
810
1,667
1,618
1,615
1,643
863
776
768
806
2.. _ _ . . _ _ _ _ _ _
9. _ _ _ _ _ _ _ _
16_. _ _ _ _ _ _ _ _
23 _ _ . _ _
29
,696
,631
,602
,552
,535
3
10.
17
24 .
31
__
1922
Total
1
1922
1921
Dec. 7
Dec. 14
Dec. 21_
Dee. 28
Date
1924
Jan 2
Jan 9
Jan. 16
Jan 23
Jan. 30
1 333
1*315
1*343 1
1 369
1,390
712
649
651
679
620
666
693
716
711
Feb. 6
Feb 13
Feb. 20
Feb 27
1 398 i
1 409
1 398
1 351
659
650
655
608
739
759
743
743
Mar
Mar
Mar
Mar
1
1
1
1
666
674
736
706
730
744
710
699
683
738
747
754
747
.
5
12
19
26
Apr. 2
Apr 9
Apr. 18
Apr 23
Apr 30
1 387
1 389
1 392
1 425
I 477
705
651
645
671
729
May
May
May
May
1 422
1 400
1 374
1*365
676
646
670
670
7
14
21
28
June 4
June 11
June 18
June 25
i
I
I
I
1
379 1 i
455
480
478
804
841
847
837
July 2
July 9
July 10
July 23
July 30
865
810
787
785
779
831
821
814
768
756
Aug
Aug
Aug.
Aug
6
13
20
27
1 601
1 649
1*681
1 665 i
Sept
Sept
Sept
Sept
3
10
17
24
398
418
419
459
Apr. 4
_____
Apr. 1 1 . _ _ _ _ _ _ _ _
Apr. 18
A p r 25... . . _ _ _ _ . _
974
Feb. I ...... ..
,009
Feb. 8
,017
Feb. I 5 _ .
-_
v 987
Feb. 21
551
517
520
484
423
492
497
503
997
,016
,056
,034
,039
522
488
543
558
576
475
529
512
476
463
May
May
May
May
May
June 6. _ _ _ _ _
June 13
June 20
June27 _ _ _ _ _ _ _ _
,511
,492
,477
,440
755
750
746
759
756
742
731
681
,075
,098
,174
,228
612
584
660
681
463
515
514
547
July 5 _ _ _ _ - _ _ _ - _ . _
July 11 _ _ _ _ _ _ _ _
July 18
July 25., _ _ . _ _ _ _ .
,373
,353
,319
,306
741
710
659
637
632
643
660
669
Oct.
Oct
Oct
Oct
Oct
May 3. ..........
May 10...
May 17
May 24. =
May 31
,250
,270
,327
,348
,363
693
718
774
775
789
557
552
553
573
573
Aug.
Aug.
Aug.
Aug.
Aug.
1
_____
8______
15
22___...
29
,273
,243
,225
1,196
1,195
619
558
560
534
555
654
685
665
662
640
Nov. 5
Nov li!
Xov 1')
Nov 26
1 6°9
\ 72S i
1*715
1*735 i
June 7
June 14 _ _ _ _ _ _ - - „ _
June 21
June 28 - -
1 , 436
1,441
1,411
1,328
810
824
867
789
626
616
544
539
Sept. 5 _ _ . _ _ . _
Sept. 1 2 _ _ _ _ _ _ _ _ _ _
Sept. 19
Sept. 26_. . . . . _ _ _ _
1,202
1,218
1,238
1,196
552
563
570
558
650
654
668
638
Dec. 3
Dec 10
Dec. 17
Dec 24
Dec 31
July fi
July 12.__.._._._.
July 19 _ _ _ _ _ _ _ _ _ _
July 26
1 , 372
1,400
1,409
1,403
847
805
793
773
524
595
616
631
Aug.
Aug.
Aug
Aug
Aug.
1,424
1,417
1,443
1,412
1,389
820
780
801
768
762
604
637
643
645
628
Oct. 3..._. _ _ _ _ _ . .
Oct. 10 ___
Oct. 17... . _ _ _ _ _ _ .
Oct. 2 4 _ _ _ . _ _
Oct. 3 1 _ _ _ _ . _ _ _ _ _ _
1,208
1,198
1,189
1,170
1,164
575
532
536
537
553
634
666
653
632
611
Jan. 7
Jan 14
Jan. 21
Jan 28
Nov. 7 _ _ _ _ _
Nov. 14 _ _ _ _ _ _
Nov. 21 ...
Nov. 2 8 _ _ _ _ _
1,130
1,162
1,173
1,169
499
522
544
551
631
640
629
618
Feb
Feb
Feb
Feb.
1,427
1,481
1 , 492
1 , 49ti
786
811
854
848
641
670
639
648
Dec.
Dec.
Dec,
Dec.
1,181
1,195
1,218
1,217
555
552
578
597
627
643
640
620
Mar
Mar
Mar
Mar
Apr.
Apr.
Apr
Apr.
..
5
12
19
26
2 ...
9
16
23
30____-_-__-
Sept. 6
Sept 13
Sept 20
Sept 27
1
. ..
5___-_--____
12
19
26
Including correspondent banks and other correspondents.
!_._.__. .
8
15
22
29
! 1
1
1
1
:
;
746
754
703
695
694
79°
831
869
685
663
649
609
875
869
910
949
980
590
658
644
623
012
987
1 018
1 042
1 016
614
632
639
649
1,465
1 527
1 554
1 ^72
1 591
547
534
538
510
Mar. 1 .....
Mar. 8
Mar 15
Mar 22
Mar. 29
Q-,g
395 i
418
447
405 i
945
953
957
969
Jan. 4
_....._.
Jan. 11..
Jan 18
Jan. 25
For
For own correaccount spondents i
1 000 :
666
985 i
677 I 1
1 017
6*14
1 054
715
666
693
677
662
1,058
950
g->l
977
909
660
725
744
735
745
(
)26
Q1&
008
'022
703
711
707
733
1,780
1 8^7
1 ' 866
1 880
1 932
,005
063
067
099
1 139
775
794
799
781
793
1,981
2 016
2 045
2 044
1,142
1 074
1 070
1 060
838
942
975
985
4
11
18
25
2 074
2 OS9
2*090
I
1
1
1
4
11
18
25
2
2
2
2
1 042
976
1 090
*983
1,718
1 675
1 66 i
1 712
1 654
1925
'> ()i)7
114
124
161
076
079
0'1L)
033
049 •
995
,053
,064
,041
,072
,147
,141
1,093
MONEY RATES AND SECURITY MARKETS
497
NO. 140-STREET LOANS MADE BY DAILY REPORTING BANKS IN
NEW YORK CITY, WEEKLY, OCTOBER 1917-JANUARY 1926-Continued
[Wednesday figures. In millions of dollars]
Date
For own
account
Total
Date
For
correspondents1
Total
For own
account
For
correspondents*
1925
5
12
19
26
2,270
2,309
2,331
2,306
1,001
990
987
993
1,269
1,319
1,344
1,313
Apr
Apr
Apr
Apr
Apr
1925
1
8
15
22
29
2
2
2
2
2
063
050
049
061
130
1 032
948
960
994
1 054
1 031
1,102
1 089
1,066
1 076
May
May
May
May
6
13
20
27
2,142
2 141
2 163
2 169
1,026
994
995
1,024
,117
,147
169
145
Sept. 2
Sept. 9 . .
Sept 16
Sept 23
Sept 30
2,330
2,293
2,364
2 393
2,467
1,004
955
954
971
1,053
1,326
1,338
1,410
1,422
1,414
June 3
June 10
June 17
June 24
2 229
2,240
2,250
2,237
1,050
1,014
1,027
1,063
,179
,225
,223
,175
Oct
Oct.
Oct.
Oct.
2,473
2,518
2,581
2,629
981
985
1,012
1,046
1,491
1,534
1,569
1,583
July 1
JulyS
July 15
July 22
July 29
2,293
2,292
2,297
2,269
2,287
1,157
1,082
1,035
1,007
1,031
1,135
1,210
1,262
1,262
1,256
Nov.
Nov
Nov.
Nov
2,691
2,743
2,744
2,691
1,084
1,048
1,068
1,057
For
For own correaccount spondents1
Date
Total
1925
2,.
9
16
23 ,.
30
2,709
2,739
2,798
2,846
2,908
1,056
1,061
1,105
1,199
1,341
1,654
1,678
1,693
1,647
1,567
2,908
"2,899
2,888
2,870
1,285
1,219
1,195
1,184
1,622
1,680
1,692
1,685
1,607
1,695
1,676
1,635
1
Aug
Aug.
Aug
Aug.
7
14
21 - „ .
28
4
11
18 ,
25
Dec.
Dec.
Dec.
Dec.
Dec.
1926
Jan. 6
Jan. 13
Jan. 20.
Jan. 27
Including correspondent banks and other correspondents.
NO. 141-LOANS TO BRO KERS AND DEALERS, SECURED BY STOCKS AND BONDS, MADE BY
WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITY, WEEKLY, 1926-1935^
[Wednesday figures. In millions of dollars}
For
For
own out-of- For
ac- town 2 others
count banks
Date
Total
1926
Jan. 6
Jan. 13
Jan. 20
Jan. 27
3,141
3,133
3,131
3,098
1,338
1,267
1,232
1,201
1 239
1 292
1»306
1 287
564
573
593
610
Feb.
Feb.
Feb.
Feb.
3
10
17-...
24,.
3,092
3,138
3,139
3,109
1,222
1,199
K159
1,149
1 280
1,340
1,354
1,343
590
598
626
617
Mar.
Mar.
Mar.
Mar.
Mar.
3
10...
17
24
31.,..
3,048
2,886
2,804
2,690
2,573
1 , 125
1,021
1,033
1,027
1,048
1 321
1 266
1 174
1 098
1,006
602
598
596
565
519
Apr.
Apr.
Apr.
Apr.
7
14
21. ..
28
2,487
2,451
2,465
... 2,464
958
877
886
898
1,018
1,052
1 044
1,024
511
523
535
542
May
May
May
May
5
12
19.,
26
975 1 008
888 1 056
894
964
893
965
507
536
551
573
.
2,489
2,480
2,409
2,432
June 2
June 9
June 16.
June 23.,
June 30
2,493
960
2,474
899
2,517
926
2,533
975
2,565 1,103
945
969
982
943
884
588
607
609
615
579
July 7
July 14
,
July 21...
July 28
2,603 1 019 952
2,601
933 1,016
2,621
954 1.018
934 1 015
2,602
632
652,
648
653
Aug.
Aug.
Aug.
Aug.
2,689
2,720
2,742
2,731
669
694
719
717
4.
11
18
25
995
937
919
942
1 025
1 089
1,105
1,073
For footnotes see end of table, p. 500.
Date
Total
For
For
,
own out-of* For
ac- town 2 others
count banks
Total
1927
4
11
18
25
2,920
979 1 , 182
2,915 i 910 1 217
924 1,192
2,931
2,965
932 1,173
759
789
814
860
3, 062 1*076, 1,134
June- 1
June 8 _ ^ ,
.. 3,118 1,035 1,217
June 15
3,160 1,071 1,234
June 22». _ . , _ _ 3,116 1,074 1,170
June 29.,
. - 3,118 1,132 1,144
852
867
855
872'
842
3,126 1,106 1,156
991 1,204
3,059
982 1,203
3,059
,„ 3,U1 1,043 1,187
865
863
875
906
1926
Sept 1
Sept 8
Sept, 15
Sept 22
Sept. 29,. .„
991
2,758
964
2 763
972
2,820
931
2 762
2,813 1,010
1,098
1 134
1,163
I 132
1,112
669
665
685
699
691
Oct.
Oct.
Oct.
Oct.
2>8Q9
2 727
2,655
2 602
954
891
819
801
1,144
1 121
1,109
1 051
711
715
727
751
2 640
2 603
2 609
2,608
840
798
•799
839
1 047
1 060
1 056
1,031
753
746
754
739
July 6
July 13 July 20
July 27,,
2 64?
2 639
2 692
2,723
2 788 1
883
813
825
907
008
1 026
1 063
1 075
1 037
1 022
737
762
792
779
758
Aug.
Aug.
Aug
Aug.
Aug.
Nov
Nov
Nov
Nov.
6
13
20
27
3
10
17
24.
Dec. 1
Dec. 8
Dec 15
Dec. 22
Bee, 29
1927
Jan 5
' Jan. 12
Jan. 19
Jan 26
2 819 1 037 1 049
948 1,100
2,791
883 1,141
2 770
3 732
865 I 126
7/32
743
747
741
Feb 2
Feb. 9 ,, „
Feb. 16
Feb. 23
2 730
2,721
2»719
2,762
885
808
815
856
1 124
1,155
1,123
1 107
721
758
780
799
Mar.
Mar
Mar
Mar.
Mar
2
9
16
23
30
2,813
2 819
2 841
2,802
2 803
922
870
888
881
942
1 070
1 110
1 139
1,088
1 046
821
839
813
833
816
Apr.
Apr
Apr.
Apr
6
13
20
29
2,840
2 863
2,878
2,883
969
899
912
936
1,073
1 157
1,151
1,143
799
806
815
804
I For
For
own out-of- For
ac^ town 2 others
count bankg
Date
May
May
May
May
:
3 . ,,_ „ 3,17/2 1,110
3,190 1,064
10
3,189 1,022
17
3.168 1,001
24 . ,
3,184 1,046
31
1,190
1,216
1,248
1,247
1,223
3,206 1,046
3,249 1,038
3,284 1,068
. „ „ 3,306 1,092
1,238
1,299
1,306
1,296
922
912
910
918
3,395 1,175 1,297
Oct, 5
Oct 12
3,394 1,093 1,334
Oct. 19, „„.„„ 3,434 1,096 1,350
3,344 1,048 1,334;
Oct. 26 -
923
968
988
971
Sept. 7
Sept 14
Sept. 21
Sept. 28
Nov 2
Nov, 9
Nov 16
Nov 23
Nov. 30
Dec 7
Dec. 14
Dec 21
Dec. 28
3 372
3,335
3,456
3 481
3,5U
1 083
1,125
1,203
1 189
,1,277
!
873
910
919
920
915
1 279 1 009
1,277
982
993
1 260
1 293 1,000
964
1,270
976
3 563 1 220 1 366
3,55$ 1,230 1,374 * 954
3 644 1 302 1 337 1,005
3,718 1,374 1,338 1,006
498
BANKING AND MONETARY STATISTICS
NO. 141-LOANS TO BROKERS AND DEALERS, SECURED BY STOCKS AND BONDS, MADE BY
WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITY, WEEKLY, 1926-1935M>ontinued
[Wednesday figures. In millions of dollars]
Date
Total
For
For
own out-of- For
ac- town 2 others
count banks
1928
Jan. 4
Jan. 11
Jan 18
Jan. 25
3,810
3,820
3,788
3,789
,511
,321
,260
,275
1,371
1,503
1,535
1,472
928
996
993
1,041
Feb. 1
Feb. 8
Feb. 15
Feb. 22
Feb 29
3,816
3,835
3,819
3,728
3,722
,267
,171
,152
,094
,149
1,497
1,554
1,531
1,495
1,424
,052
,110
,136
,140
,149
Mar. 7
Mar. 14
Mar. 21
Mar. 28
3,696
3,746
3,779
3,825
,019
,090
,027
,121
1,461
1,446
1,467
1,427
Apr.
Apr.
Apr.
Apr.
4
11
18
25
3,979
3,994
4,129
4,144
,265
,144
,164
,200
May
May
May
May
May
2
9
16
23
29
4,282
4,361
4,502
4,456
4,469
,329
,252
,312
,247
,219
Date
Total
1929
3
10
17
24
For
For
own out-of- For
ac- town others
count banks2
1930
July 2
JulylL.
July 16
July 23-- .
July 3 0 _ _ _ _
5,562 1 021 1,652
5,427
915 1,631
5,425
877 1,662
5,492
924 1,652
2,889
2,882
2,886
2,916
May 1
May 8
May 15
May 22
May 29
5,532
5,551
5,565
5,520
5,288
979
864
860
827
773
1,676
1,734
1,725
1,651
1,540
2,876
2,953
2,979
3,042
2,975
,215
,210
,285
,278
June 5
June 12
June 19
June 26
5,284
837
5,284
821
5,420
883
5,542 1,038
1,513
1,551
1,592
1,536
2,934
2,911
2,945
2,969
Sept. 3
Sept. 10
Sept. 17. _ . „ _ . _
Sept. 24
1,500
1,649
1,703
1,614
,215
,201
,263
1,331
5,769
5,755
5,813
5,908
5,960
1,580
1,624
1,676
1,680
1,696
2,934
2,930
3,002
3,034
3,058
Oct.
Oct.
Oct.
Oct.
Oct.
1,586
1,684
1,656
1,607
1,608
1,366
1 425
1,535
1 602
1,642 '
July 3
July 10
July 17
July 24
July 31
Aug
Aug.
Aug
Aug.
6,020 1 089 1,789
5,952
965 1,810
926 1,787
6,085
992 1,756
6,217
3,143
3,178
3,372
3,468
Nov.
Nov.
Nov.
Nov.
Dec. 3
Dec. 10.,.
Dec. 17
Dec. 24
Dec 31
Apr.
Apr.
Apr
Apr.
7
14
21
28
,255
,201
136
,193
205
June 6
June 13
June 20
June 27
4,563 ,167 1 642
4,428 ,079 1,618
4,270 1,004 1,528
4,178
941 1,483
1 755
1,731
1,737
1,754
gept 4
Sept 11
Sept. 18
Sept 25
6,354
6,474
6,569
6,761
1 103
1,017
1,046
1,024
1,784
1,841
1,897
1,876
3,467
3,616
3,626
3,860
July 3
July 11
July 18
July 25
4,307
4,243
4,194
4,184
1,132
942
820
824
1,494
1,554
1,587
1,537
1,681
1,747
1,787
1 824
4,259
4,274
4,223
4,201
4,235
1,826
1,799
1,831
1,733
1,005
3,907
3,941
3,875
3,823
2,464
928
860
783
809
793
1,477
1,528
1,559
1,513
1,535
6,804
6,713
6,801
6,634
5,538
1,071
973
1,095
I 077
2,069
Aug. 1
Aug. 8
Aug. 15
Aug. 22
Aug 29
Oct.
Oct.
Oct.
Oct
Oct
1,854
1,885
1,881
1,880
1 907
Nov.
Nov
Nov.
Nov
6
13
20
27
4,882 1,520
4,172 1 ,156
853
3,587
831
3,450
963
812
704
638
2,399
2,204
2,031
1,982
Sept. 5__
Sept 12
Sept. 19
Sept 26
4,289
4,385
4,470
4,525
907
865
925
850
1,522
1 599
1,634
1 674
1,861
1 921
1,911
2 001
4,570
930
4,590
867
4,664
890
4,772
957
4,907 1,021
1,682
1,715
1,733
1,737
1,732
4
11
18
24
31
3,392
792
806
3 425
832
3,386
845
3,328
3,424 1,167
680
710
750
716
709
1,921
1,909
1,804
1,767
1,548
Oct. 3.-_
Oct. 10-Oct. 17
Oct. 24
Oct. 31
Dec.
Dec
Dec.
Dec
Dec.
1,958
2,008
2,041
2,078
2,154
Nov. 7
Nov. 14
Nov. 21
Nov. 28
4,979
4,981
5,157
5,290
1,064
994
,126
,235
1,726
1,751
1,751
1,768
2,188
2,235
2,280
2,287
Dee. 5
Dec 12
Dee, 19
Dec, 26 „
5,395
5 176
5,111
5,091
,271
045
,030
,109
1,838
1 794
1,750
1,660
2,285
2 337
2,331
2,322
1929
Jan. 2
Jan. 9
Jan. 16
Jan. 23. .
Jan. 30
5,330
5,313
- 5,395
5,443
5,559
,516
,163
,084
,010
,091
1,648
1,794
1,859
1,853
1,853
Feb. 6
Feb. 13
Feb. 20- .
Feb. 27
Mar. 6
Mar. 13
Mar. 20
Mar. 27
2
9
16
23
30
1930
1 710
1,563
1 596
1,619
1,669
634
760
799
776
745
856
880
847
832
814
_ . 3,214
3,155
3,128
3,102
1,719
1,646
1,607
1 665
694
705
714
655
801
804
807
782
3,110
3,143
3,222
3,222
1 721
1,614
1,649
1,721
620
770
826
782
768
759
746
719
3,063
-_„.. 2,905
2,752
2,613
2,512
1,834
1,740
1 702
602
555
514
511
532
627
610
536
512
500
2,454
2,235
2,185
2,122
1,512
1,335
1 292
1,288
4?i 9
431
439
330
473
449
455
455
2,111
2,099
__. 2,008
1,920
1,926
1 296
1,269
1,184
1,262
1 321
373
400
3Q5
294
235
442
430
430
363
370
1931
Jan. 7 ... .. 1,879
Jan. 14
1,820
1,757
Jan. 21...
Jan. 28
1,734
1,206
1 132
1,101
1 089
315
343
330
328
358
344
326
317
1,099
,147
318
315
267
230
299
287
276
271
264
290
246
234
Aug.
Aug.
Aug.
Aug.
6
13
20
27
1
B
15.,
22
29
Feb. 4 Feb. 11
. Feb. 18.
Feb. 25
1,716
1,749
1,772
1,798
Mar 4
Mar. 11
Mar. 18
Mar. 25
1,790
1,819
,913
,908
,414
,391
,277
,324
,350
,268
2o8
300
286
270
243
226
245
239
224
219
,699
,671
,631
,574
,293
,360
,270
1,191
213
159
185
207
193
152
176
176
539
,490
.. ,419
. . . . ,406
1 169
1 135
,070
,065
199
177
177
170
171
178
172
171
,129
928
924
962
953
927
989
987
980
,547
,536
,545
,556
May
May
May
May
Mar 5
Mar. 12
Mar. 19
Mar. 26
3 583
3,720
3,841
3,820
1 006
1,146
1,266
1,424
1 032
1,079
1,171
1,118
545
,494
,404
,278
June 8
June 10
June 17
June 24
2,166
2,356
2,452
2,579
2,615
Apr. 2
Apr 9
Apr. 16
Apr. 23
Apr. 30
3,968
3 994
4,124
4,217
4,274
1,547
1,471
1,503
1,568
1,695
1,104
1,184
1,230
1,213
1,183
,316
,339
,392
,436
,397
July 1
JulyS
July 15
July 22
July 29 -
5,669 ,116 1,931
5,568
,097 1,859
5,477 1,023 1,786
5,507 1,090 1,693
2,621
2,612
2,668
2,724
May
May
May
May
7
14
21
28
4 074
4,007
4,015
4,022
1 611 1,123
1,618 1,069
1,655 1,069
1,777
988
,341
,320
,290
,257
Aug
Aug.
Aug.
Aug.
5,647
5,627
5,793
5,649
2,823
2,862
2,934
2,898
June 4
June 11
June 18
June 25
4,101
3 998
3,787
3,416
,195
1 911
995
146
1 799 1 053
,031
1,850
906
1,764
713 , 939
,267
,875
,822
,849
,844
,730
3,402
3,450
3,494
3,489
For footnotes see end of table, p. 500.
229
Apr. 1
Apr. 8
Apr. 15.-...
Apr. 22 -.
Apr. 29
Feb. 5
Feb. 12
Feb. 19
Feb. 26
1,707
1,761
1,768
1,680
1 , 590
1 510
210
2)3
294
200
1,642
1,636
,653
,648
_
.._.
5-12..-.
19
26..
824
877
874
875
Jan. 8
Jan. 15
Jan. 22
Jan. 29
For
For
own out-of- For
ac- town others
count banks2
3,219
3,203
3,243
3,226
3,228
3,352
886
853
3,365
3,341 ' 814
823
3,345
1,117
1,004
1,091
1,071
Total
Date
6
I3_____
ISO
27
316
,236
373
,479
,455
,. ,430
,416
,390
,055
1,033
1,002
181
194
209
215
219
169
171
166
168
169
5
,346
1 2 _ _ _ _ . _ _ _ _ ,329
,343
19
26
1,349
960
936
950
960
2!>2
2HO
228
223
164
163
165
166
Sept. 2
Sept 9
Sept. 16_. __ ..
Sept. 23
Sept. 30.. ._ ___
1,366
1,325
1,271
1,207
1,172
090
983
949
913
921
948
2!iO
215
203
145
H7
163
161
155
141
137
MONEY RATES AND SECURITY MARKETS
499
NO. 141-LOANS TO BROKERS AND DEALERS, SECURED BY STOCKS AND BONDS, MADE BY
WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITY, WEEKLY, 1926-19351-Continued
[Wednesday figures. In millions of dollars]
For For
own out-of- For
ac- town others
count banks*
Total
Date
For For
own out-of- For
ac- town others
count banks*
Total
1934
Feb. 7
Feb. 14
Feb. 21
Feb. 28
896
853
950
858
741
696
790
698
146
149
152
150
Mar. 7
Mar. 14
Mar. 21
Mar. 28 „
844
923
894
886
689
775
746
735
150
147
147
149
Apr. 4
955
Apr. 11
1,002
Apr. 18 . . 993
Apr. 25
948
798
842
827
786
151
155
162
154
6
5
4
8
May 2 . .
May 9
May 16
May 23
May 30
974
947
942
905
915
802
777
771
735
743
163
162
163
163
164
9
8
8
7
8
June 6
June 13
June 20
June 27
July 4
July 11
July 18
July 25
997
1,011
1,040
1,017
825
840
870
847
164
164
166
166
8
7
4
4
1,069
1,059
1,031
X.008
896
888
861
838
167
167
169
169
g
4
1
1
Aug.!
Aug. 8
Aug. 15
Aug. 22
Aug. 29
885
827
821
810
793
720
666
668
657
641
164
160
152
152
151
Sept. 5
Sept. 12
Sept. 19
Sept. 26
Oct. 3
Oct. 10
Oct. 17
Oct. 24
Oct. 31
824
796
746
740
675
652
605
603
148
143
140
136
725
725
759
771
749
590
593
626
636
614
134
131
132
134
134
714
707
711
718
782
778
805
772
576
568
572
576
639
633
658
626
137
138
138
141
142
144
145
144
1
1
1
2
2
794
761
800
774
. 754
652
618
658
634
614
141
141
140
138
138
1
2
2
2
2
735
766
742
780
593
623
600
638
140
141
139
140
2
2
3
2
876
Mar. 6
Mar. 13 . . 876
Mar. 20
808
Mar. 27
796
731
732
663
658
144
143
143
135
1
1
2
3
Total
1931
Oct. 7
Oct. 14
Oct. 21
Oct. 28
1,001
928
884
869
798
699
603
594
77
85
102
97
126
144
179
178
1932
Dec, 7
Dec. 14
Dec. 21 .
Dec. 28
392
393
395
394
376
377
379
379
12
12
12
12
4
4
4
3
849
Nov. 4
831
Nov. 11
Nov. 18 . ... 775
751
Nov. 25
583
553
623
591
97
116
140
141
169
162
»12
19
394
381
367
378
379
367
353
362
12
11
11
11
3
3
3
5
Dec. 2
Pec. 9
Dec. 16
Dec. 23
Dec. 30
720
690
662
611
591
567
552
555
553
544
132
117
98
51
41
1933
Jan. 4
Jan. 11
Jan. 18
Jan. 25
21
21
9
7
6
Feb. 1
Feb. 8
Feb. 15
Feb. 22
454
422
427
429
438
405
410
410
11
11
10
10
5
6
7
9
1932
Jan. 6.
Jan. 13
Jan. 20
Jan. 27.
568
563
531
513
505
488
453
445
56
69
73
61
7
6
5
7
Mar; 1
Mar. 8
Mar. 15
Mar. 22
Mar. 29
418
413
388
398
371
398
395
366
367
336
9
11
15
26
31
11
7
7
5
4
Feb. 3
Feb. 10
Feb. 17
Feb. 24
505
486
499
489
432
401
418
416
66
78
74
68
7
7
7
6
Apr. 5
Apr. 12
Apr. 19
Apr. 26
376
375
386
461
347
348
363
439
25
23
20
18
4
4
3
4
Mar. 2
Mar. 9
Mar. 16
Mar. 23
Mar. 30
495
552
561
524
525
429
464
431
399
438
61
84
125
120
82
5
4
5
5
5
May 3
May 10
May 17
May 24
May 31
512
564
618
563
. . 635
.
491
541
594
539
611
17
17
17
17
17
4
6
7
7
7
Apr, 6
Apr. 13
Apr. 20
Apr. 27
516
485
504
495
430
401
435
427
80
77
62
59
6
7
7
9
June 7
June 14
June 21
June 28
699
782
775
. . 764
675
754
719
699
17
22
49
56
7
6
7
9
May 4
May if
May 18
May 25
499
438
414
393
440
383
367
350
52
48
41
37
7
7
6
6
JulyS
July 12
July 19
July 26
858
955
967
894
784
846
833
761
64
101
128
127
10
8
6
6
June 1
June 8
June 15
June 22
June 29 „_
July 6
July 13 .
409
373
402
359
342
369
335
364
324
316
34
31
31
28
21
Aug. 2
Aug. 9
Aug. 16
Aug. 23
Aug. 30
876
880
894
853
881
742
742
764
726
759
125
131
123
119
114
9
7
7
8
8
333
345
332
331
305
317
307
806
19
20
17
17
6
7
7
7
5
9
8
8
8
Sept. 6
Sept. 13
Sept. 20 --Sept. 27
866
890
825
806
761
790
715
697
96
92
103
102
9
8
7
7
332
345
344
355
345
307
320
320
330
318
16
17
17
18
19
1935
Jan, 2
Jan. 9
Jan. 16
Jan. 23
Jan. 30
Feb. 6
Feb. 13
Feb. 20
Feb. 27
July 20
July 27
Au«3
Aug. 10
Aug. 17
Aug. 24
Aug. 31
Oct, 4
Oct. 11
Oct. 18
Oct. 25
790
781
815
731
677
664
691
620
107
114
117
105
Nov 1
Nov. 8
Nov. 15
Nov. 22 „
Nov. 29
749
739
707
698
720
641
626
595
584
608
101
106
109
109
104
6
3
7
6
7
7
3
5
8
723
760
753
801
605
629
621
671
111
124
127
125
7
7
5
5
837
746
758
779
888
709
605
608
630
731
119
132
144
142
146
9
9
6
7
11
Sept. 7
Sept 14
Sept. 21
Sept. 28
Oct. 5
Oct 12
Oct. 19
Oct. 26
371
433
408
425
348
408
383
400
18
20
20
20
8
7
7
8
5
5
5
5
426
433
433
452
402
410
411
332
18
17
16
15
6
6
6
5
Dec. 6
Deo. 13
Dec. 20
Dec. 27
Nov. 2
Nov. 9
Nov 16
Nov. 23
Nov. 30
362
360
344
350
353
343
341
326
332
337
13
13
12
12
12
6
6
6
3
4
1934
Jan. 3
Jan. 10
Jan. 17
Jan. 24
Jan. 31
.
.
For footnotes see end of table, p. 500.
.
^
For For
own out-of- For
ac- town others
count banks2
Date
Date
Nov. 7
Nov. 14
Nov. 21
Nov. 28
Dec. 5
Dec. 12
Dec. 19
Dec. 26
Q
8
8
10
5
1
I
2
BANKING AND MONETARY STATISTICS
500
NO. 141-LOANS TO BROKERS AND DEALERS, SECURED BY STOCKS AND BONDS, MADE BY
WEEKLY REPORTING MEMBER BANKS IN NEW YORK CITY, WEEKLY, 1926-1935'-Continued
[Wednesday figures. In millions of dollars]
Total
Date
Apr.
Apr.
Apr.
Apr.
1935
3
10
..
17
24, ..._....
May 1
May 8
May 15
May 22.
May 29
For
For
own out-oftown
account banks 2
For
others
631632
746
847
136
136
44
29
4
6
2
1
912
846
846
. . . . 884
S04
890
826
826
865
886
21
19
19
19
18
1
833
864
858
904
18
18
18
18
June 5
June 12
June 19
June 2 6 - - - - - - - _ _ .
851
882
876
922
1
Total
1935
JulyS
July 10__... .
July 17
July 2 4 _ _ _ . _ _ .
July 31
967
899
915
895
865
952
883
900
880
850
Aug.
Aug.
Aug.
Aug.
771
774
792
877
..
For
For
own out-ofactown
count banks 2
Date
875
888
886
822
867
918
887
870
7
14
21
28
Sept. 4
Sept. 11
Sept. 18
Sept. 25..
For
others
For
For
own out-of- For
town others
account hanks 2
Date
Total
15
16
15
15
15
1935
Oct. 2
Oct. 9
Oct. £6
Oct. 23
Oct. 30
893
839
832
846
833
879
§25
818
832
828
14
14
14
14
5
860
873
871
807
15
15
15
15
Nov.
Nov.
Nov.
Nov
849
865
866
900 I
839
855
856
§87
10
10
10
13
852
903
872
856
15
15
15
14
Dec. 4
Dec t l
Dec. 18
Dec. 25
Dec. 31
919
950
045
954
1,014
13
14
14
14
14
6
13
20
27
932
964
959
968
1,028
1
For statistics on loans to brokers and dealers by reporting member banks in New York City "for own account" from 1936 to 1941, see Table
49, Section 4; see also explanatory text accompanying that section, p. 127.
2
Member and nonmember banks outside New York City (domestic banks only); includes unknown amount for customers of these banks.
3 Banks which were members of the New York Clearing House Association (or which cleared through a member) were not permitted, effective
November 16, 1931, to make or service security loans for the account of any person, firm, or corporation, other than a bank, banker, or trust
company. For text of rule and explanation, see Federal Reserve Bulletin for November 1931, p. 657.
NO. 142-BROKERS' BORROWINGS ON COLLATERAL IN NEW YORK CITY AS REPORTED BY MEMBERS
OF THE NEW YORK STOCK EXCHANGE, MONTHLY, SEPTEMBER 1918-NOVEMBER 1922 AND 1926-1941
[End of month figures. In millions of dollars]
1918
January... _ _ _ _ _
February
March
April _ _ _ .
May
June
July.
August
September
October
November
December
._.....
1 010
1,072
1,026
1,002
1931
January
February
March
April
____
May
___
June
July
August _ _ _ _ _ _ _ _ _ _ _
September _ „
October
November. _ _ _ „ _ „ . _ _
December,
1
2
1919
__
1,720
1,840
1 909
,651
,435
,391
,344
,354
,044
796
730
587
970
985
1,058
1,174
1,367
1,513
1,650
1,525
1 587
1,756
1,648
1,613
1932
1933
512
525
533
379
300
244
242
332
380
325
338
347
359
360
311
322
529
780
916
917
897
776
789
845
1920
1,551
1,345
1 422
1,424
1 358
1 396
1,396
,304
348
,379
202
,079
1934
903
938
981
1,088
1,016
1,082
" 923
874
832
827
831
880
1921
1,030
1 033
1 023
1,039
1 082
999
977
948
987
1,035
1,101
1,192
1935
825
816
773
805
793
809
769
772
781
792
846
938
1922
1,188
1 234
1 304
1,483
1 646
1 666
1 706
1 731
1 816
1 927
1 805
1936
925
924
997
1.064
970
989
967
974
972
975
984
1,051
1926
1927
3,513
3,536
3 000
2,836
2,767
2 926
2,998
3 142
3 219
3,111
3 129
3,293
3,139
3,256
3 290
3,341
3,458
3 569
3,642
3,674
3 915
3,946
4 092
4,433
1937
1938
1 026
1 075
1 159
1,187
1,152
1,186
1 174
1,186
1,039
726
688
659
597
577
521
467
459
470
494
541
524
581
620
717
For brokers' borrowings on a somewhat different basis from September 1935 to December 1941, see Table 143.
Includes borrowings whether with or without collateral and whether in New York City or elsewhere.
1928
4,420
4,323
4,640
4,908
5,274
4 898
4,837
5,051
5 514
5,880
6,392
6,440
1939
666
683
655
547
546
537
554
509
467
534
574
594
1929
6,735
6,670
6,804
6,775
6,665
7,071
7,474
7,882
8,549
6,109
4,017
3,990
1940
560
555
570
579
409
0^2
342
327
359
349
362
413
1930
3,985
4,168
4,656
5,063
4,748
3,728
3,689
3,599
3,481
2,556
2,162
1,894
19412
413
403
413
383
453
416
404
513
417
444
436
389
MONEY RATES AND SECURITY MARKETS
501
NO. 143-PRINCIPAL DEBIT AND CREDIT BALANCES OF MEMBER FIRMS OF THE NEW YORK STOCK EXCHANGE
CARRYING MARGIN ACCOUNTS, MONTHLY, NOVEMBER W1-DECEMBER 1941
[End of month figures. In millions of dollars)
Credit balances
Debit balances
Year and month
Customers'
debit
balances
(net)'.
Debit t
balances in
partners'
investment
and trading
accounts
Debit
balances in
firm
investment
and trading
accounts
Customers'
credit balances1
Cash on
hand
and in
banks
Money
borrowed 2
Free
Other credit balances
Other
(net)
In
In
partners'
firm
investinvestment and ment and
trading
trading
accounts accounts
In
capital
accounts
(net)
1,540
1,300
280
260
1,220
1,190
1,160
920
780
690
710
890
890
810
820
800
260
260
250
230
210
200
220
280
260
250
240
230
790
750
730
790
1,070
1,350
1,420
1,430
1,390
1,260
1 260
1,270
230
200
190
250
300
320
290
270
250
230
220
220
February *
March
April
May
June
July
August
September
October
November
December
1 350
1,400
1 420
1,500
1 390
1,410
1 250
1,220
1,180
1,160
1,160
1,170
260
270
240
230
210
180
180
180
170
170
170
170
Ivlarch
April
May
June
July
August
September
October
November
December
1 130
1 100
1,040
1,050
1,040
1,040
1,050
1 070
1,098
1,147
1,212
1,258
65
68
73
75
119
119
134
135
182
187
189
179
771
806
859
930
180
180
170
200
210
210
220
240
257
277
294
286
89
93
92
79
23
22
22
24
12
10
13
10
396
405
415
410
1,297
1,290
1,351
1,295
1,257
1,267
1,295
1,287
1,317
1,333
1,364
1,395
63
64
67
65
65
67
68
69
72
69
65
64
139
147
168
173
159
164
158
142
141
151
150
164
193
208
181
268
229
219
221
213
227
235
260
249
922
908
995
1,033
970
985
981
967
995
989
986
1,048
319
328
303
301
282
276
287
283
289
318
346
342
91
98
89
88
83
86
96
92
99
99
110
103
26
26
23
28
25
24
24
25
24
25
24
30
17
15
15
13
14
14
14
12
14
17
17
12
416
425
429
426
422
420
422
423
423
428
435
424
62
61
61
58
56
55
56
54
48
40
38
34
162
188
175
163
149
161
157
149
128
135
120
108
243
230
223
227
209
214
206
202
239
263
225
232
. ,028
,084
,172
,21-5
,188
,217
,213
,233
,088
781
723
688
372
366
346
314
284
266
265
252
256
272
270
278
118
116
115
111
101
92
96
92
96
107
95
85
32
32
29
29
24
25
25
26
26
24
24
26
19
25
18
18
12
13
13
13
12
12
11
10
428
418
419
417
408
397
397
391
385
383
376
355
1931 No vember
February
April
May
July
« v*l
1"
October
November
1933
January
February
March
April
May
July
September
October
1 936 — January
February _ .
March
April
May
June
July
August-. - _ _ September
October
November
December
1,433
1 937 —January
February
1,482
March
1,549
1,559
April
1,503
May
June
1,489
1,493
July
August
1,509
1,363
September
1,053
October
1,034
November^
985
December
For footnotes see end of table, p. 502.
BANKING AND MONETARY STATISTICS
502
NO. 143-PRINCIPAL DEBIT AND CREDIT BALANCES OF MEMBER FIRMS OF THE NEW YORK STOCK EXCHANGE
CARRYING MARGIN ACCOUNTS, MONTHLY, NOVEMBER 1931-DECEMBER 1141-Continued
[End of month figures. In millions of dollars]
Debit balances
Credit balances
Customers'
credit balances1
Customers'
debit
balances
(net)*
Year and month
Debit f
balances in
partners'
investment
and trading
accounts
Debit
balances in
firm
investment
and trading
accounts
Cash on
hand
and in
Other credit balances
Money
bor-
In
rowed3
Free
banks
Other
(net)
In
firm
partners'
investment and
trading
accounts
investment and
trading
accounts
In
capital
accounts
(net)
958
937
831
763
760
774
843
864
823
905
939
991
31
31
29
26
25
27
28
29
29
32
30
32
103
104
95
97
85
88
80
84
76
85
78
106
220
207
215
203
208
215
209
200
213
196
189
190
641
628
576
485
482
495
528
571
559
617
662
754
288
280
239
248
243
258
•284
272
257
270
252
247
'87
80
81
88
92
89
82
77
68
73
65
60
28
26
25
24
22
22
22
20
20
20
20
22
11
10
•9
9
8
11
10
9
7
§
§
5
333
324
315
309
301
298
303
301
300
304
303
305
34
29
27
26
26
25
24
22
20
21
20
16
75
83
84
83
76
73
84
71
64
72
77
78
192
168
174
190
183
178
183
202
217
200
195
207
713
709
699
579
561
570
589
556
520
577
623
637
235
222
225
236
230
230
238
235
305
289
272
266
60
62
59
60
69
70
67
58
87
76
67
69
22
20
20
20
21
21
20
20
22
21
21
23
'?
9
August
September.,.-. _ _ „
October
November
.._,_
December
971
967
953
831
828
834
839
792
856
894
914
906
7
6
6
6
6
11
9
8
7
298
294
294
290
284
280
278
275
283
284
282
277
1940— January _ _ _ __ . .
February
March. _ _ _ _ _ _
April
May
June
July
August
September.,.. .
October
November
December
886
893
886
910
702
653
642
631
635
653
666
677
15
16
15
15
12
12
12
12
12
12
12
12
70
72
78
72
67
58
64
56
57
70
64
99
198
195
186
192
239
223
213
215
218
203
214
204
602
616
615
626
459
376
376
368
370
381
383
427
262
253
247
252
251
267
261
256
268
269
280
281
71
74
70
73
68
62
62
57
56
58
59
54
22
23
21
21
22
22
21
20
20
20
22
6
7
7
9
6
5
6
5
5
5
4
5
272
271
270
271
274
269
264
260
255
253
253
247
1941— January.,-
661
634
633
606
622
616
628
628
633
628
625
600
11
11
9
10
10
11
10
10
10
9
9
8
73
78
81
86
102
, 89
87
160
83
102
100
86
207
199
199
199
185
186
189
189
196
186
195
211
399
375
387
368
403
395
388
460
396
414
409
368
275
267
268
265
262
255
266
262
260
255
264
289
54
53
56
60
61
65
70
72
78
74
72
63
22
22
21
20
17
17
17
16
16
16
15
17
6.
6
6
S
7
7
2
7
8
7
§
5
238
237
231
227
223
222
221
221
219
217
217
213
1938~ - January
February
March
April
- May _ _ _ _ _ _
June
July
August
September
October . . „ _ _ November
December
,_
..
1939— January.---., - ...
February
March
,
April
May
__
June
July_
._
February
March
April
May
June
July... .__..„
August
September
October
November--.,
December _
1
--.-
_._
Excludes balances with reporting firms of (1) member firms of New York Stock Exchange and other national securities exchanges and (2)
firms' own partners. Figures for the period November 1931 to August 1935, inclusive, are estimates based on data made available through the
courtesy of the New York Stock Exchange; such estimates are available only for "customers' debit balances" and for "customers' free credit
balances."
2
Includes money borrowed from banks and trust companies in New York City and elsewhere in the United States and also money borrowed
from other lenders (not including members of national securities exchanges). Figures are not available on this basis prior to Septeriber 1935,
but were reported for earlier years on a somewhat different basis as shown in Table 142.
503
MONEY RATES AND SECURITY MARKETS
NO. 144-DETAILED DEBIT AND CREDIT BALANCES AND RELATED ITEMS OF MEMBER FIRMS OF THE
NEW YORK STOCK EXCHANGE CARRYING MARGIN ACCOUNTS, JUNE AND DECEMBER, 1935-1941
[End of month figures. Amounts in millions of dollars]
June
1937
Dec.
1937
June
1938
Dec.
1938
June
1939
Dec.
1939
June
1940
Dec.
1940
June
1941
Pec.
1941
214
179
219
249
Cash on hand and in banks
42
37
32
41
Securities borrowed
31
44
61
51
Securities sold, delivery pending (failed to deliver)
Net debit balances due from member firms of national
securities exchanges:
87
92
116
102
Member firms of New York Stock Exchange..
25
18
22
20
Member firms of other exchanges
Net debit balances due from all other customers exclusive
1,258 1,267 1,395 1,489
of firms' own partners. . ._ __ _ _
Net debit balances in partners' individual investment
55
67
64
75
and trading accounts
164
164
161
Debit balances in firm investment and trading accounts-- 135
Commodity margins on deposit with banks, and com24
12
18
25
modity guaranty funds on deposit.
100
93
95
All other debit balances 93
232
28
26
215
32
35
190
16
40
178
17
22
207
14
31
223
10
17
204
13
35
186
14
24
211
10
62
61
17
48
12
84
21
59
14
71
20
40
9
46
10
41
8
42
10
985
774
991
834
906
653
677
616
600
34
108
27
88
32
106
25
73
16
78
12
58
12
99
11
89
8
86
20
89
18
77
"$ 19
17
69
23
70
17
65
15
56
20
63
21
52
Dec.
1935
June
1936
Dec.
1936
DEBIT BALANCES
73
1,962 2,017 2,205 2,251 1,600 1,327 1,572 1,309 1,438 1,104 1,166 1,072 1,101
Total
CREDIT BALANCES
Money borrowed;
From banks and trust companies in New York City...
From banks and trust companies elsewhere in the
United States.
..
From other lenders (not including members of national
securities exchanges).
Securities loaned
_
Securities bought, delivery pending (failed to receive).,.,.
Net credit balances due to member firms of national
securities exchanges;
Member firms of New York Stock Exchange
Member firms of other exchanges. . _
Credit balances of other customers exclusive of firms'
own partners:
Free credit balances
Other net credit balances
__
Net credit balances in partners' individual investment
and trading accounts
Credit balances in firm investment and trading accounts.
All other credit balances (except those included in next
item).,
„__
_.
Net balance in capital and profit and loss accounts and
partners' drawing accounts
Total
Memorandum: Valuation of short security positions
carried —
Against reported debit balances:
For member firms of national securities exchanges
other than New York Stock Exchange
For other customers (exclusive of firms' own partners
and member firms of New York Stock Exchange)
In partners' individual investment and trading
accounts
In firm investment and trading accounts
Against reported credit balances—
For member firms of national securities exchanges
other than New York Stock Exchange
For other customers (exclusive of firms' own partners
and member firms of New York Stock Exchange)
In partners' individual investment and trading
accounts
In firm investment and trading accounts..
Number of firms..
i Less than 1500,000.
882
914
621
439
689
503
565
309
354
327
305
36
59
58
71
57
46
57
57
63
56
63
60
58
11
42
51
12
55
39
12
63
54
15
56
32
10
42
22
10
45
32
9
33
35
10
31
20
10
30
28
10
25
14
10
27
32
9
23
21
5
20
56
97
3
88
4
82
9
115
6
63
5
50
4
80
4
59
4
69
8
43
3
47
5
41
6
40
6
286
79
276
86
342
103
266
92
278
85
258
89
247
60
230
70
266
69
267
62
281
54
255
65
289
63
24
10
24
14
30
12
25
13
26
10
22
11
22
5
21
6
23
7
22
5
22
5
17
7
17
5
978 1,131
31
26
37
32
25
23
26
18
22
18
21
20
24
410
420
424
397
355
298
305
280
277
269
247
222
213
1,962 2,017 2,205 2,251 1,600 1,327 1,572 1,309 1,438 1,104 1,166 1,072 1,101
1
1
1
1
1
1
1
1
1
12
13
14
9
5
8
5
4
4
3
3
1
•1
1
2
1
3
1
3
1
1
(i)
' '1
(i)
' '?,
(i)
1
(i)
0)
(i)
1
C1)
1
P)
(')
0)
3
0)
C1)
3
(l)
m
1
2
1
1
1
I
1
1
1
2
1
i
33
45
44
35
32
42
21
26
17
14
17
16
14
(i)
7
(i)
9
9
C1)
9
1
6
1
6
C1)
3
1
4
(i)
' 5
C1)
3
C1)
3
C1)
0)
421
420
418
423
415 . 389
371
365
355
352
344
323
315
(i)
3
504
BANKING AND MONETARY STATISTICS
NO. US-MARGIN REQUIREMENTS, OCTOBER 1,1934-DECEMBER II, 1941*
[Per cent of market value]
Prescribed by Board of Governors of the Federal Reserve System in
accordance with Securities Exchange Act of 1934
For extensions of credit by brokers and dealers on listed s ecurities other than
exempted securities, under Regulation T:
General rule
-_
Special ' ' omnibus' ' accounts *
For short sales, under Regulation T:
General rule
Special "omnibus*' accounts*
For loans by banks on stocks for the purpose of purchasing or carrying listed
stocks, under Regulation U:
General rule
Special loans to brokers and dealers 8
Oct. 1, 1934—
Jan. 31, 1936
Feb. 1, 1936—
Mar. 31, 1936
Apr. 1, 1936—
Oct. 31, 1937
Nov. 1, 1937
aod after
25-45
20
225-55
20
55
40
40
25
(<)
(*)
(«)
(4)
(*)
(*)
50
35
*55
MO
40
25
!
1
On loans and extensions of credit on securities, Regulations T and U do not specify " margin requirements'' as such, but they specify maximum loan values and thus limit the amount of credit which may be extended on a security to a specified percentage of its market value at the
time of the extension. The margin requirements shown above are in each case the difference between the market value (100%) and the maximum
loan value expressed as a percentage of the market value.
* Margin requirements were within the range indicated, the exact requirement on each security being determined by the relation of its current price to its lowest price during a preceding period. The maximum loan value (see note ] above) was 75 per cent of current market value or
100 per cent of lowest price in-period since July 1,1933, whichever was the smaller, except that it could always be as much as 55 per cent (changed
on February 1, 1936, to 45 per cent) of current market value. Average requirements on listed stocks have been estimated as follows: October 15,
1934—31 per cent; January 31, 1936—42 per cent; February 1, 1936—49 per cent; March 31, 1936—50 per cent.
* Special accounts carried for brokers and dealers in which the latter refinance their customers' transactions.
4
Requirement under Regulation T prior to November 1, 1937, was the margin "customarily required" by the broker.
* Regulation U becan e effective May 1, 1936.
S E C T I O N 13
UNITED STATES GOVERNMENT—TREASURY FINANCE AND
GOVERNMENT CORPORATIONS AND CREDIT AGENCIES
Text
;
Table 146. United States Government debt—volume and kind of direct securities, June and
December, 1916-1932; monthly, 1933-1941
Table 147. United States Government debt—maturities of marketable public direct securities,
June, 1916-1935; June and December, 1936-1941
Table 148. United States Government debt—volume of fully guaranteed securities, by issuing
agencies, monthly, October 1933-December 1941
..
Table 149. United States Government debt—ownership of direct and guaranteed securities,
June, 1916-1935; June and December, 1936-1941
Table 150. Summary of Treasury receipts, expenditures, and related items, fiscal years, 19161941; monthly, 1934-1941
Table 151. General Fund of the Treasury, June, 1916-1917; June and December, 1918-1933;
monthly, 1934-1941
Table 152. United States Government corporations and credit agencies—principal assets and
liabilities, June and December, 1935-1937; monthly, June 1938-December 1941..
Table 153. United States Government corporations and credit agencies—principal assets and
liabilities, by corporations and agencies, December 31, 1940 and 1941
Table 154. Postal Savings System—assets and depositors' balances, June and December, 19111941
Table 155. Postal Savings System—depositors' balances, monthly, 1927-1941
Page
506
509
511
511
512
513
515
517
518
519
519
S E C T I O N 13
UNITED STATES GOVERNMENT-TREASURY FINANCE AND
GOVERNMENT CORPORATIONS AND CREDIT AGENCIES
The financial operations of the Government
and the activities of Government corporations
and credit agencies have become of increasing
importance from a banking and credit standpoint. Banks have invested a large proportion of
their funds in Government securities, the outstanding amounts of which have increased
greatly. Government corporations and credit
agencies have expanded in number and importance since 1932, and many have made substantial loans and investments in fields close to those
for bank loans and investments.
In this section are presentee} some of the principal statistics relating to Treasury finance and
to Government corporations and credit agencies.
The first six tables cover the Government debt—
direct and guaranteed—Treasury fiscal operations, and the General Fund balance during the
period 1916-1941. The last four tables summarize
available data from the financial statements of
Government corporations and credit agencies.
Similar current statistics are published monthly
in the Federal Reserve Bulletin.
TREASURY FINANCE
Government debt. Tables 146-149 relate to
the Government debt. Table 146 shows for June
30 and December 31 dates from 1916 to 1932,
and by months beginning with January 1933, the
outstanding amount of direct gross debt of the
United States Government by kinds of securities.
Treasury financing operations are reflected
largely in the interest-bearing debt, which is
shown by three major classes of securities:
(1) marketable public issues, which include
securities that may be both bought and sold in
the open market; (2) nonmarketable public
issues, which may in general be purchased
by the public but which can not be sold in the
open market; and (3) special issues to Government trust funds and agencies. The table shows
the principal types of securities under each of
these classes.
Marketable public issues are those customarily
used by the Treasury in meeting the principal
part of its requirements for cash and for refunding other marketable securities. Generally, they
include Treasury bills, sold on a discount basis,
with maturities up to one year; certificates of
indebtedness, coupon issues with maturities up
to one year; Treasury notes with maturities of
from one to five years; and Treasury bonds.
Liberty bonds, postal savings bonds, and various
types of pre-war bonds are also included in the
table as marketable public securities.
Nonmarketable public securities were first
issued in 1917 when the Government sold war
savings stamps and certificates; in 1935 regular
offerings began with the issuance of United
States savings bonds. This category also includes the adjusted service bonds of 1945, issued
in 1936 in payment of the adjusted service compensation to war veterans, and tax notes and
depositary bonds, which were first issued in 1941.
Special issues are made by the Treasury
directly to various funds which it administers
and directly to Government agencies.
The noninterest-bearing debt is of little importance in current financing operations; it includes two classes of obligations: matured debt
on which interest has ceased and other noninterest-bearing debt, which consists largely of
currency obligations. When interest-bearing
securities are retired by the Treasury, by call or
at maturity, not all of these securities are presented for payment. Some securities come in for
redemption slowly and others—usually small
amounts—are probably lost or destroyed; the
amounts outstanding continue to be carried in
the public debt statement as matured debt on
which interest has ceased.
The Treasury's obligation to redeem currency
includes largely United States notes, of which
there are about 347 million dollars outstanding
less a gold reserve of 156 million dollars provided by law, and national bank and Federal
Reserve Bank notes outstanding, for retirement
of which the Treasury has assumed liability
in exchange for deposits of lawful money
made with the Treasury by the issuing banks.
Deposits by banks to redeem national bank and
Federal Reserve Bank notes are used to retire
notes returned to the Treasury; the remaining
balance of such deposits is a Government obligation and is carried in the public debt statement.
Further details concerning the retirement of these
notes appear in the text accompanying Sections
9 and 11, pages 328 and 406, respectively.
The maturity distribution of the marketable
public direct debt is summarized in Table 147
for June 30 dates from 1916 to 1935 and for
506
UNITED STATES GOVERNMENT
June 30 and December 31. dates from 1936 to
1941. Amounts of marketable public issues maturing within specific periods—within 5 years, 5
to 10 years, 10 to 20 years, and over 20 years—
are shown as well as the amounts of Treasury
and Liberty bonds callable within these periods.
The figures for Tables 146 and 147 are from the
"Statement of the Public Debt of the United
States" for the period 1916-1932 and from the
"Daily Statement of the United States Treasury"
for the years 1933-1941,
Some of the Government corporations and
credit agencies are authorized to issue bonds and
other obligations which are guaranteed by the
United States as to the payment of principal
and interest.1 The first fully guaranteed obligations were issued by the Reconstruction Finance Corporation in the closing months of 1933.
A large amount of guaranteed securities
was issued in the period 1934-1935 by the Federal Farm Mortgage Corporation and the Home
Owners' Loan Corporation in exchange for distress mortgages on farms and on residences. In
1938 Commodity Credit Corporation notes were
publicly offered with Government guarantee, and
in 1939 the United States Housing Authority began to issue Government guaranteed obligations.
On June 30, 1941, six Government corporations
and credit agencies had fully guaranteed securities outstanding in the hands of the public.
Beginning in November 1941 maturing guaranteed securities have been retired or refunded into
direct securities, and the needs of these Government corporations and credit agencies have been
supplied directly by the Treasury.
The outstanding amounts of securities fully
guaranteed by the United States are shown
monthly beginning in October 1933, by agencies,
in Table 148. These figures are taken from the
"Statement of the Public Debt of the United
States." This table does not cover all securities
of Government agencies since a number, chiefly
the Federal home loan banks, the Federal land
banks, the Federal intermediate credit banks, and
the Federal National Mortgage Association, have
outstanding securities which have no guarantee
by the Government.
The estimated distribution of United States
Government securities, direct and fully guaranteed, among various classes of holders is shown
in Table 149 for June 30 dates from 1916 to
1
In 1933 Federal land banks and the Home Owners' Loan Corporation were granted authority to issue securities guaranteed by
the United States Government as to payment of interest only.
No Federal land bank bonds were issued to the public under this
authority and it was canceled by the Federal Farm Mortgage
Corporation Act in 1934. The Home Owners' Loan Corporation
issued a total of 635 million dollars of securities guaranteed as to
interest only. The Corporation was granted authority in April
1934 to issue fully guaranteed securities and most. of the outstanding securities guaranteed as to interest only were exchanged;
the remainder were called for redemption.
507
1935 and for June 30 and December 31 dates
from 1936 to 1941. There are three types of
holders among those shown: (1) Government
agencies and trust funds; (2) Federal Reserve
Banks; and (3) private holders. The last class
includes member banks, other commercial banks,
mutual savings banks, insurance companies, and
other investors. The "other investors" group
represents largely individuals, trusts, endowment
funds, etc., but includes also private corporations other than banks and insurance companies.
Figures for amounts held by Federal agencies
and trust funds are from data furnished by the
Treasury Department. The amounts held by
Federal Reserve Banks and various other classes
of banks are from data compiled or estimated
by the Board of Governors of the Federal Reserve System. Some of the figures for insurance
companies and for "other investors" for dates
beginning with 1932 were estimated by the
Treasury Department and the remainder by the
Board of Governors of the Federal Reserve
System.
Treasury fiscal operations and the General
Fund. Two other tables, 150 and 151, are included to summarize Treasury operations resulting in changes in the public debt. Figures are
on the basis of the daily statement of the Treasury; they were compiled from tables in the annual reports of the Secretary of the Treasury,
the monthly Bulletin of the Treasury Department, and from the "Daily Statement of the
United States Treasury."
Table 150 shows by fiscal years from 1916 to
1941 and by months from 1934 to 1941 the receipts, expenditures, and the surplus or deficit in
regular budget accounts (shown in the published
statements of the Treasury as "general and special accounts"), the net receipts or expenditures
for trust funds and similar accounts, and the corresponding changes in the General Fund balance
and in the gross direct debt. The principal
sources of Government revenue shown are income taxes, miscellaneous internal revenue, and
since 1936, social security taxes. Government
expenditures have been broken down to show
separately such items as national defense, interest on the public debt, the agricultural adjustment program beginning in 1934, and unemployment relief expenditures beginning in 1933. With
some important qualifications the remaining, or
"other," category reflects trends in regular Government activities. Some items shown in the
table are not strictly comparable throughout the
period because of changes in classifications of
items; these include expenditures for relief, for
national defense, and the net receipts or expenditures of trust fund accounts.
508
BANKING AND MONETARY STATISTICS
Table 151 gives figures on the General Fund
balance, which includes all funds of the Government deposited with and held by the Treasurer
of the United States. This table shows the balance in the General Fund on June 30, 1916 and
1917, and on June 30 and December 31 dates
from 1918 to 1933, as well as the principal assets,
total liabilities, and details of the balance in the
General Fund, by months, from 1934 to 1941.
Every receipt of the Treasury, from whatever
source, and every expenditure, of whatever nature, affects either the assets or liabilities, or
both, of the General Fund. The principal assets
in the Fund consist of bullion, coin, and currency, deposits in Federal Reserve Banks and socalled war-loan deposits in special depositary
accounts arising from sales of Government securities. The total amount of assets over and
above the* total amount of liabilities represents
the balance in the Fund available to meet Government expenditures for general, special, and
trust accounts. The working balance in the
Fund represents largely funds on deposit in the
Federal Reserve Banks and in special depositary
accounts.
GOVERNMENT CORPORATIONS AND CREDIT AGENCIES
Most of the Government corporations and
credit agencies, whose financial statements are
presented in summary in Tables 152 and 153,
were created during the depression years to provide special emergency services. The principal
exceptions are the Federal land banks and the
Federal intermediate credit banks, which have
been in existence for a longer period, and the national defense corporations created since June
1940.2
The activities of these corporations and
agencies are reflected in the form of their assets,
chiefly their loans and preferred stock investments, which are shown by broad classes in
Table 152. The table shows figures for June 30
and December 31 dates from 1935 to 1937 and by
months from June 1938 to December 1941.
Figures for these agencies are compiled by the
Treasury Department from reports received from
the organizations and are published in the "Daily
Statement of the United States Treasury" for the
last day of each month. In Table 152 published
figures have been adjusted for major changes in
classification made during the period covered.
Loans to financial institutions consist largely
of loans to banks, insurance companies,
and other financial institutions by the Reconstruction Finance Corporation and loans to
member building and loan associations made by
the Federal home loan banks. Preferred stock
investments are largely Reconstruction Finance
Corporation investments in preferred stock or
debentures of banks; also included are investments by the Home Owners' Loan Corporation in shares of local savings and loan associations and investment by the parent Production Credit Corporations in Production Credit
Association Class A stock. Loans to railroads
are largely those made by the Reconstruction
Finance Corporation during the depression years.
The greater part of the home and housing mortgage loans are distress mortgages taken over by
the Home Owners' Loan Corporation during the
depression. The smaller part, which has been
growing in recent years, includes insured mortgages purchased by Federal agencies and loans
by the United States Housing Authority to the
local housing authorities. Agricultural loans include, in addition to the mortgage loans made by
the Federal land banks and Federal Farm Mortgage Corporation, short-term loans of the Federal intermediate credit banks, commodity loans
of the Commodity Credit Corporation, and loans
of the Farm Security Administration. Other
large categories of loans are those made by the
Rural Electrification Administration, by the
Public Works Administration, and by the Export-Import Bank. Summary data by individual agencies for December 31, 1940 arid 1941,
are shown in Table 153.3
The regular tabulation for Government corporations and credit agencies published by the
Treasury Department does not include the
Postal Savings System, which has been in operation since 1911. Table 154 presents summary
data as to'deposits and assets of the System on
June 30 and December 31 dates from 1911 to
1941, and Table 155 shows the depositors' balances monthly from 1927 to 1941. Postal savings deposits are included in the total of bank
deposits and currency shown in Table 9 of Section 1 and further comments appear in the text
accompanying that section on pages 11 and 12.
2
For a description of the purpose and functions of the principal
Government credit agencies, see the paper on "Credit and Savings Institutions" in Banking Studies, a publication of the
of Governors.
3
In recent years there has appeared annually in the Federal
Reserve Bulletin an article which summarizes significant:; developments in the operations of Government corporations and credit
agencies for the preceding year.
UNITED STATES
GOVERNMENT
509
NO. US-UNITED STATES GOVERNMENT DEBT-VOLUME AND KIND OF DIRECT SECURITIES,
JUNE AND DECEMBER, 1916-1932; MONTHLY, 1933*1941
[End of month figures. In millions of dollars]
Nonmarketable
public issues
Marketable public
issues
Gross
debt
Year and month
Interestbearing
Total
debt
1,225
1,227
2,976
7,357
12,244
21,076
25,482
25,834
24,298
23,978
23,976
23,438
22,964
22,995
22,350
21,916
21,251
20,979
20,516
20,248
19,643
19,075
18,510
18,036
17,604
17,310
16,931
16,301
16,185
16,026
16,801
17,826
19,487
20,805
972
972
2,713
7,116
11,986
20,821
25,234
25,595
24,061
23,745
23,737
23,188
22,711
22,483
22,008
21,643
20,982
20,712
20,211
19,983
19,384
18,823
18,251
17,686
17,318
16,991
16,639
16,029
15,922
15,774
16,520
17,528
19,161
20,448
972
972
2,713
7,102
11,636
19,846
24,280
24,699
23,234
22,988
23,043
22,537
22,032
21,751
21,670
21,264
20,568
20,297
19,730
19,515
18,820
18,262
17,583
17,103
16,711
16,415
16,019
15,401
15,158
14,993
16,229
17,136
18,852
20,097
1933—Jan.
Feb
Mar.
Apr
May . .
June
July
Aug
Sept, ..
Oct.
Nov
Dec
20,802
20,935
21,362
21,441
21,853
22,539
22,610
23,099
23,051
23,050
23,534
23,814
20,454
20,584
20,992
21,087
21,469
22,158
22,240
22,723
22 , 672
22,669
23 ,,161
23,450
1934—Jan.
Feb.
Mar
Apr..
May
June
July
Aug..
Sept.
Oct
Nov
Dec.
25,068
26,052
26,158
26,118
26,155
27,053
27,189
27,080
27,190
27,188
27,299
28,479
28,476
28,526
28,817
28,668
28,638
28,701
29.120
29,033
29,421
29,462
29,634
30,557
1Q16—June
Dec
1917 June
Dec
1918—June
Dec
1919— June
Dee
1920—June
Dec
1921 —June
Dec
1922 —June
Dec
1 923— June
Dec
1924 — June
Dec
1925—June
-Dec
1926— June
Dec
1927—June
Dec
1928— June
Dec
1929—June
Dec
1930—June
Dec
1931—June
Dec
1932 — June
Dec
- -
„
1935—Jan.
Feb
Mar
Apr.
May
June
July „ .
Aug.
Sept
Oct
Nov. - .
Dec.
„
For footnotes see end of table, p. 510.
Treasury
Certifibonds
Treas- cates oi Treasury and
ury bills indebt- notes Liberty
bonds1
edness
Pre-war
and
postal Total2
savings
bonds
Nonintereatbearing debt
Ad- Special
U.S. justed issues
service
savings
Mabonds bonds
tured
of 1945
Other
95
88
204
205
359
338
462
481
607
628
764
781
291
393
309
351
1
1
14
3
20
14
11
6
7
8
11
12
25
249
98
32
30
18
30
18
13
12
15
110
45
83
51
40
32
22
52
53
60
64
252
253
249
239
238
241
236
233
230
225
228
238
228
264
244
241
239
249
275
248
246
240
245
240
241
236
242
233
232
230
230
244
266
293
100
156
127
445
576
616
642
273
691
1,706
3,256
3,625
3,576
2,769
2,593
2,699
2,196
1,829
1,092
1,031
920
808
543
533
786
453
608
686
1,241
,252
,950
,640
,306
,264
,192
,802
,661
2,726
2,158
4
14
27
27
19
9
3,468
4,494
4,246
4,226
4,225
4,250
4,238
4,011
4,104
4,046
3,735
3,083
2,354
2,055
1,439
1,024
1,677
1,920
2,438
2,336
2,254
1,885
1,626
1,561
452
600
1,261
3,075
1,466
5,437
8,964
15,698
16,304
15,745
15,335
15,286
15,235
15,207
15,082
15,764
15,651
15,414
15,142
15,787
16,077
15,908
16,162
15,864
14,454
13,175
12,253
11,360
11,354
11,339
11,339
11,339
12,754
13,517
13,460
13,426
967
958
946
947
947
883
883
883
884
884
884
884
884
884
884
884
884
883
765
766
766
766
767
767
768
769
770
771
773
774
776
781
790
797
20,103
20,236
20,661
20,762
21,149
21,834,
21,850
22,338
22,291
22,291
22,786
23,079
641
641
817
918
979
954
954
953
952
952
952
1.003
2,158
2,013
2,261
2,261
2,022
2,108
2,108
1,408
1,363
1,363
1,363
1,628
3,075
3,352
3,352
3,352
3,924
4,548
4,548
4,902
4,902
4,902
4,902
4,880
13,424
13,424
13,424
13,424
13,417
13,417
13,417
14,252
14,252
14,252
14,748
14,747
806
806
806
806
806
806
822
822
822
822
822
822
351
348
331
325
320
323
390
385
381
378
375
371
55
59
82
68
71
66
55
64
70
72
69
65
293
291
289
286
314
315
316
312
309
309
304
299
24,717
25,707
25,698
25,599
25,588
26,480
26,605
26,495
26,626
26,643
26,761
27,944
24,346
25,340
25,335
25,239
25,232
26,084
26,140
26,034
26,169
26,190
26,300
27,386
,214
,379
,378
,378
,404
,404
,454
,379
,529
1,654
1,804
1,954
2,152
2,152
1,692
1,692
1,692
1,517
1,517
1,517
992
992
992
5,384
6,231
6,686
6,451
6,442
6,653
6,653
6,625
7,726
7,735
7,735
9,187
14,765
14,747
14,747
14,886
14,863
15,679
15,674
15,671
15,080
14,966
14,926
15,403
831
831
831
831
831
831
842
842
842
842
842
842
371
367
363
360
356
396
464
461
458
453
461
558
54
48
60
53
59
54
57
66
54
48
47
50
297
297
400
467
509
518
527
519
510
497
491
484
27,952
27,969
28,043
27,766
27,738
27,645
27,923
27,956
28,432
28,380
28,617
29,596
27,391
27,413
27,490
27,191
27,107
26,950
27,074
27, 104
27,609
27,548
27,750
28,714
1,954
1,979
2,079
1,978
1,953
2,053
2,028
1,952
1,952
2,204
2,404
2,404
9,187
9,187
9,173
9,819
10,036
10,023
10,550
10,531
11,472
11,473
11,473
11,792
15,395
15,391
15,383
14,538
14,263
14,019
14,222
14,420
13,984
13,671
13,672
14,318
855
855
855
855
855
855
275
201
201
201
201
201
561
557
553
575
592
633
770
757
709
705
732
728
50
52
75
67
69
231
185
184
146
284
253
224
474
505
700
835
832
825
1,011
892
843
797
764
737
14
350
975
954
896
827
757
694
652
679
732
337
379
413
415
386
380
360
356
309
245
144
95
13
39
62
79
95
115
127
135
153
39
62
79
95
115
127
135
153
510
BANKING AND MONETARY STATISTICS
NO. 146-UNITED STATES GOVERNMENT DEBT-VOLUME AND KIND OF DIRECT SECURITIES,
JUNE AND DECEMBER, 1916-1932; MONTHLY, 1933-1941-Continued
[End of month figures. In millions of dollars]
Marketable public
issues
Gross
debt
Year and montli
Interestbearing
debt
Total
Nonmarketable
public issues
Treasury
Certifibonds
Treas- cates of Treasury and
ury bills indebt- notes Liberty
edness
bonds1
Pre-war
and
postal Totals
savings
bonds
Nonin :erestbear in gdebt
Ad- Special '
U.S. justed issues
savings service
Mabonds bonds
tured
of 1945
1936— Jan.
Feb
Mar.
Apr.
, - . _ - „ _ ._
May
June
--„
July
Aug.
, -- - Sept. - . - - - _ . _ _ _ .
Get
Nov. „
,._
Dec
30,516
30,520
31,459
31,425
31,636
33,779
33,444
33,380
33,833
33,833
33,794
34,407
29,618
29,646
30,591
30,601
30,823
32,989
32,679
32,624
33,088
33,083
33,088
33,700
28,713
28,714
29,618
29,604
29,804
31,102
31,101
31,083
31,550
31,551
31,550
32,143
2,404
2,405
1,953
1,953
2,153
2,354
2,353
2,353
2,353
2,354
2,353
2,203
11,792
11,792
11,924
11,910
11,910
11,381
11,381
11,363 .
10,849
10,849
10,849
10,289
14,318
14,318
15,541
15,541
15,541
17,168
17,168
17,168
18,148
18,149
18,149
19,452
200
200
200
200
200
200
199
199
199
199
199
199
171
196
240
265
289
,261
937
911
911
909
917
926
171
196
240
265 :
289
316
340
366
399
424
447
475
945
597
545
511
485
470
451
733
736
733
732
729
626
642
630
627
623
621
632
1937— Jan.
Feb.
Mar
Apr,
May
June
July . . .
Aug.
Sept
Oct.
Nov.
Dec
34,502
34,601
34,728
34,941
35,213
36,425
36,716
37,045
36,875
36,956
37,094
37,279
33,821
33,926
34,064
34,295
34,591
35,800
36,113
36,450
36,264
36,366
36,511
36,708
32,192
32,170
32,119
32,251
32,451
33,054
33,203
33,403
33,111
33,111
33,111
33,173
2,253
2,253
2,203
2,353
2,553
2,303
2,453
2,653
2,403
2,403
2,403
1,952
10,289
10,267
9,783
9,764
9,764
10,617
10,617
10,617
10,575
10,575
10,575
10,547
19,452
19,452
19,936
19,936
19,936
19,936
19,936
19,936
19,936
19,936
19,936
20,476
198
198
198
198
198
198
197
197
197
197
197
197
947
994
,139
,162
,180
,188
,212
,232
,248
,264
,282
,309
509
567
722
752
775
800
833
862
885
908
932
964
438
428
418
410
405
389
378
370
363
356
351
345
683
762
806
882
i
959
1,558
1,699
! 1,815
1,905
! 1,991
2,118
2,227
37,453
37,633
37,556
37,510
37,422
37,165
37,191
37,593
38,393
38,423
38,603
39,427
36,887
37,080
37,001
36,963
36,871
36,576
36,642
37,052
37,850
37,897
38,068
38,899
33,172
33,156
33,002
32,953
32,753
32,344
32,243
32,494
33,278
33,278
33,279
34,004
,952
, 952
,803
,753
,553
,154
,054
,304
,302
,302
,303
,306
10,547
10,531
10,076
10,076
10,076
9,147
9,147
9,147
9,067
9,067
9,067
8,496
20,476
20,476
20,927
20,927
20,927
21,846
21,846
21,846
22,712
22,712
22,712
24,005
197
197
197
197
197
197
197
197
197
197
197
197
,401
,443
,480
,509
,536
,556
,589
,615
,640
,670
,699
,739
1,060
1,106
,148
,181
n 210
,238
,275
,305
,334
,367
,399
,442
39,631
39,859
39,985
...
40,063
40,282
40,440
.
40,661
,„-,---- 40,891
40,858
41,036
.......
41,305
41,942
39,097
39,326
39,442
39,525
39,751
39,886
40,114
40,351
40,342
40,526
40,807
41,445
34,007
34,008
33,996
33,993
33,992
33,965
33,966
33,965
33,952
34,052
34,100
34,735
,309
! ,310
,311
, ,309
,308
,308
,309
,307
,306
i ,405
I ,454
! ,455
8,496
8,496
7,270
7,270
7,270
7,243
7,243
7,243
7,232
7,232
7,232
6,203
24,005
24,005
25,218
25,218
25,218
25,218
25,218
25,218
25,218
25,218
25,218
26,881
196
196
196
196
196
196
196
196
196
196
196
196
-.
.__.„_
_____
1938—Jan
Feb.
......
Mar
Apr.
_.._
May... . - _ _ — — — ..
June
July. .
..________...
Aug.
Sept
*
Oct.
^Nov... .. .„
___,._...
Dee.
1939— Jan. _ _ . _ ,
Feb.
Mar
Apr.
May
June
July
Aug..
Sept.
Get.. . .
Nov.
Dec
___
.
Other
193
188
200
175
180
169
160
164
163
178
143
153
706
686
668
650
634
620
605
593
582
571
563
554
137 ;
139
136
126
110
119
103
100
122
109
106
99
544
536
528
520
512
506
49ft
494
489
482
477
472
341 2,314
337 2,481
332 2,518
329 2,501
326 ; 2,582
319 2,676
314 2,810
310 2,943
306 2,933
303 2,949
300 3,090
298 3,156
99
91
98
92
101
141
106
102
106
94
105
101
466
462
458
454
450
447
443
440
437
433
431
427
,875
,580
,936
,643
,992
,701
,751
2,040
2,093
,806
,868
2,151
,949
2,230
2,292 2,015
2,326 2,051
2,365 2,092
2,412 1 2,140
2,480 , 2,209
295
293
291
289
287
283
280
278
275
273
271
271
3,215
3,382
3,454
3,492
3,666
3,770
3,918
4,094
4,063
4,109
4,295
4,231
109
312
125
122
117
142
140
133
112
109
98
99
425
421
419
416
414
411
408
406
404
401
400
398
1
1940— Jan
, _
Feb
Mar. . _ _ _ _ _ . . . . .
Apr.
May
June . . , .
__ _ .
July
____
.
Aug.
Sept.
Get
Nov.
,- ,
Dee.
42,110
42,365
42,540
42,658
42,808
42,968
43,771
43,905
44,073
44,137
44,273
45,025
41.601
41,839
41,983
42,117
42,253
42', 376
43,186
43,317
43,480
43,560
43,707
44,458
34,602
,307
,308
34,604
34,538 1 ,309
34,536
,306
34,534
,304
,-302
34,436
,302
35,109
,303
35,119
,303
35,119
35,123
,307
35,124
,308
,310
35,645
6,203
6,203
6,125
6,125
6,125
6,383
6,384
6,384
6,384
5,660
5,660
6,178
26,896
26,897
26,908
26,908
26,908
26,555
27,226
27,236
27,235
27,960
27,960
27,960
196
196
196
196
196
196
196
196
196
196
196
196
2,744
2,879
2,975
3,085
3,134
3,166
3,224
3,264
3,298
3,336
3,374
3,444
2,473
2,610
2,707
2,818
2,869
2,905
2,966
3,008
3,044
3,084
3,123
3,195
271
269
268
267
265
261
258
256
254
252
251
249
4,256
4,356
4,471
4,496
4,585
4,775
4,853
4,934
5,063
5,102
5,209
5,370
114
132
105
150
166
205
198
205
212
197
187
189
395
394
392
391
389
386
386
383
381
380
379
377
194]
45,877
46,090
47,173
47,231
47,721
48,961
49,513
50,921
51,346
53,584
55,040
57,938
45,320
45,535
46,581
46,673
47,160
48,387
48,965
50,371
50,791
53,040
54,536
57,451
36,276
36,275
37,054
37,075
37,075
37,713
37,713
37,667
37,368
38,869
39,677
41,562
,307
,306
,604
,603
,603
,603
,603
,604
,305
,404
,703
2,002
6,813
6,813
5,722
5,721
5,721
5,698
5,698
5,698
5,698
5,509
6,012
5,997
27,960
27,960
29,532
29,554
29,554
30,215
30,215
30,169
30,169
31,759
31,765
33,367
196 3,619
196 3,727
196 3,844
196 3,891
196 '4,251
196 4,555
196 4,929
196 6,234
196 6,765
196 7,507
196 8,052
196 8,907
3,371
3,480
3,599
3,647
4,008
4,314
4,649
4,908
5,132
5,394
5,620
6, 140
248
247
245
244
243
241
239
237
236
235
234
233
5,426
5,534
5,683
5,707
5,834
6,120
6,324
6,470
6,658
6,664
6,806
6,982
181
180
220
186
190
205
180
184
190
179
141
125
376
374
372
372
370
369
368
367
365
364
363
362
Jan.
Feb.
Mar.
Apr.
May
June. ..
July
Aug.
Sept
Get.
Nov.
Dee
,
.-
1 Includes Liberty bonds, June 1917-June 1922; Liberty bonds and Treasury bonds, December 1922-September 1935; Treasury bonds, October
1935-Decemberl941.
2
Includes savings stamps and certificates, December 1917-June 1929; depositary bonds, July-December 1941, as follows (in millions of dollars):
July, 40; August, 52; September, 54; October, 61; November, 62; December, 64; Treasury tax notes, August-December 1941, as follows: August,
1,037; September, 1,343; October, 1,818; November, 2,136; December, 2,471,
UNITED STATES GOVERNMENT
511
NO. 147-UNITED STATES GOVERNMENT DEBT-MATURITIES OF MARKETABLE PUBLIC DIRECT SECURITIES.
JUNE, 1916-1915; JUNE AND DECEMBER, 1936-1941
[End of month figures. In millions of dollars]
Maturing within —
Maturing within 5 years
Total
outstanding
Treasury
and
Liberty
bonds 2
Bills
and
certificates^
Notes
972
1916—June.,..
2,713
1917— June
1918— June-... 11,636
1919—June
24,280
1920— June.. .. 23,234
273
1,706
3,625
2,769
4
27
19
3,468
4,246
1921— June....
1922—J u n e - _ _ 1923—June....
1924— June
1925—June
23,043
22,032
21,670
20,568
19,730
2,699
1,829
1,031
808
533
4,225
4,238
4,104
3,735
2,354
1926— June
1927— June-...
1928— June
1929—June
1930— June
18,820
17,583
16,711
16,019
15,158
453
686
1,252
1,640
1,420
1,439
1,677
2,438
2,254
1,626
1931— June....
1932—June
1933— June
1934—June-...
1935— June
16,229
18,852
21,834
26,084
26,950
2,246
3,341
3,063
2,921
2,053
452
1,261
4,548
6,653
10,023
4,413
1,335
1936—June..-.
Dec
1937—June
Dec
1938— June.. __
Dec
1939—June
Dec
1940—June
Dec
31,102
32,143
33,054
33,173
32,344
34,004
33,965
34,735
34,436
35,645
2,354
2,203
2,303
,952
,154
,306
,308
,455
1,302
1,310
11,381
10,289
10,617
10,547
9,147
8,496
7,243
6,203
6,383
6,178
834
834
834
,732
,732
,732
,732
,379
3,321
37,713
1941— June
Dec..... 41,562
1,603
2,002
5,698
5,997
3,507
3,460
Year and month
Treasury and Liberty bonds callable
5 to 10 years
Pre-war
and
postal Treas- Pre-war
savings ury and a n d '
bonds Liberty postal
bonds ^ savings
bonds
64
64
64
2,488
3,454
1,229
Over 20 years
Treas- Pre-war Treasury and and ury and
Liberty postal Liberty
bonds a savings bonds2
bonds
Pre-war
and
postal
savings
bonds
Total
Within 5 to 10 10 to 20 Ove
5 years years
20
years
years
3,228
6,795
6,394
8
59
60
86
86
1,466
5,736
5,551
5,278
895
823
823
797
797
1,466
8,964
16,304
15,335
3,747
7,525
6,988
1,466
5,217
8,779
8,347
2
5
6
6,355
6,345
9,528
9,429
9,429
87
86
84
82
80
5,269
5,262
2,716
2,715
3,763
797
797
797
797
678
15,235
15,082
15,651 "^199"
15,142 6,102
16,077 5,990
6,928
8,736
5,360
8,276
8,276
8,307
6,345
6,329 ""764"
764
764
1,047
8
59
58
82
80
9,429
8,704
8,728
2,791
2,786
95
58
59
34
37
4,245
2,296
2,296
2,285
2,285
663
650
650
650
650
16,162
14,454
12,253
11,354
11,339
5,593
5,393
3,168
8,218
8,202
8,264
6,297
6,294
3,959
3,663
3,612
3,474
3,408
2,997
2,885
10 to 20 years
2
5
6
6,278
6,268
359
1,542
2,001
2,791
3,137
2,778
8
59
58
82
680
6,268
6,268
7,166
1,732
1,732
78
28
27
1
4,201
4,107
3.966
7,252
7,403
40
54
72
100
125
2,285
3,085
2,285
2,281
3,549
650
650
650
650
50
12,754
13,460
13,417
15,679
14,019
8,202
8,201
8,201
6,346
1,688
953
898
1,352
4,649
5,790
3,599
4,361
3,864
4,684
6,541
3 4,652
3 3,817
2 4,271
1 6,027
1 6,165
1 7,317
1 8,135
8,135
8,135
1 6,765
17
17
30
31
32
33
34
35
36
37
9,905
11,207
11,237
10,022
9,437
9,853
9,354
11,998
14,636
15,470
130
129
116
115
114
113
112
111
110
109
2,611
3,593
3,593
3,593
4,512
5,103
5,997
5,015
2,404
2,404
50
50
50
50
50
50
50
50
50
50
17,168
19,452
19,936
20,476
21,846
24,005
25,218
26,881
26,555
27,960
898
1,732
1,732
1,732
2,186
3,587
5,106
6,142
5,788
7,545
8,803
7,968
7,968
9,268
10,037
9,789
8,270
10,082
10,082
9,513
7,467
9,752
10,235
9,476
9,622
10,038
10,357
9,171
9,198
10,903
23
28
16,718
17,252
156
152
2,404
5,070
30,215
33,367
8,556
8,509
9,911
12,318
11,748
9,875
17
17
7,585
7,585
764
762
591
1,485
1,485
1,485
2,666
* Includes certificates, 1916-1929; certificates and bills, 1930-1934; bills, 1935-1941
2
Includes Liberty bonds, 1917-1922; Liberty bonds and Treasury bonds, 1923-1935; Treasury bonds, 1936-1941.
1923J-lUtl.
NO. 148-UNITED STATES GOVERNMENT DEBT-VOLUME OF FULLY GUARANTEED SECURITIES,
BY ISSUING AGENCIES, MONTHLY, OCTOBER 1933-DECEMBER 19411
[End of month figures. In millions of dollars]
Interest-bearing debt
Interest-bearing debt
Year and
month
FedTotal
amount
eral Home
outFarm Ownstand- Total Mort- ers'
gage Loan
ing2
Corpo- Corporation ration
1933— Oct
Nov
Dec.
1934— Jan.
Feb
Mar.
Apr.
May..
June
July
Aug
Sept
Oct.
Nov.
Dec
2
18
180
2
18
180
310
180
295
325
423
681
1,064
1,615
1,875
2,596
2,823
3,063
68
98
28
168
134
312
284
551
672
703
733
896
805 1,543
878 1,695
980 1,834
1935— Jan.
3,300 1,041
Feb.
3,480 1,089
3,589 1,124
Mar
Apr....
3,660 1,154
For footnotes see end of table,
Reconstruction
Finance
Corporation
2,009
2,140
2,215
2,256
p. 512.
310
180
227
227
227
235
230
241
246
248
249
249
250
251
250
250
Commodity
Credit
Corporation
FedU.S. eral
Hous- Housing
Author- ministraity
tion 3
&
Year and
month
Total
Fedamount
eral Home
outFarm Ownstand- Total Mort- ers'
ing2
gage Loan
Corpo- Corporation ration
Reconstruc- Comtion modFiity
nance Credit
Corpo- Corporation ration
1935— May
June
July-..
Aug.
Sept.
Oct,
Nov.
Dec.
3,728
4,123
4,205
4,248
4,369
4,421
4,460
4,494
1,188
1,226
1,274
1,282
1,368
1,382
,387
,387
2,290
2,647
2,682
2,716
2,748
2,786
2,819
2,855
250
250
249
250
253
253
253
252
1936— Jan.
Feb.
Mar.
Apr
May.June
July
Aug
Sept. Oct.
Nov.
Dec.—
4,562 ,399
4,630 ,407
4,654 ,407
4,676 ,411
4,703 ,422
4,718 ,422
4,724 ,422
4,669 ,422
4,667 ,422
4,667 ,422
4,662 ,422
4,662 1,422
2,911
2,970
2,995
3,013
3,029
3,044
3,050
2,995
2,993
2,993
2,988
2,988
253
253
252
252
252
252
252
252
252
252
252
252
FedU.S. eral
Hous- Housing
Author- ministraity
tion 3
in
BANKING AND MONETARY STATISTICS
512
NO. 143—UNI TED STATES GOVERNMENT DEBT—VOLUME OF FULLY GUARANTEED SECURITIES,
BY I SSUING AGENCIES, MONTHLY, OCTOBER 19H-DECEMBER 1141'—Continued
(End of month figures. In millions of dollars]
Year and
month
Total
amount
out- Total
standing3
1937— -Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec
4,662
4,662
4,662
4,660
4,660
4,665
4,703
4,633
4,633
4,634
4,644
4,645
Interest-bearing debt
ReconFederal Home struc- ComFarm Own- tion modMort- ers'
Fiity
gage Loan nance Credit
Corpo- Corpo- Corpo- Corporation ration ration ration
1,422 2,988
252
1,422 2,988
252
1,422 2,988
251
1,422 2,987
250
250
1,422 2,987
1,422 2,987
255
1,420 2,987
295
1,400 2,937
296
1,400 2,937
296
1,400 2,937
297
1,410 2,937
297
297
1,410 2,937
1938— Jan
Feb
Mar
Apr
May
June
July
4,646
4,646
4,646
4,647
4,852
4,853
5,064
5,015
5,009
5,001
4,993
4,992
1,410
1,410
1,410
1,410
1,410
1,410
1,410
1,410
1,404
,395
,388
,388
2,937
2,937
2,937
2,937
2,937
2,937
2,937
2,888
2,888
2,888
2,888
2,888
298
299
299
299
299
299
510
511
511
511
511
509
FedU.S. eral
Hous- Housing
Author- minis- 3
ity tration
&
Interest-bearing debt
FedReconTotal
eral Home struc- ComYear and amount
Farm Own- tion modmonth
outFistand- Total Mort- ers'
gage Loan nance Credit
ing'
Corpo- Corpo- Corpo- Corporation ration ration ration
5,480 ,379 2,958
820
1939— July...
206
5,489 ,379 2,765
820
Aug. ._
409
Sept... 5,456 5,356 ,279 2,731
820
409
820
409
Oct..-_ 5,448 5,356 ,279 2,731
407
Nov.._ 5,708 5,621 ,269 2,731 1,096
Dec.._, 5,704 5,621 ,269 2,731 1,096
407
1940— Jan....
Feb....
Mar...
Apr....
May..
June...
July...
Aug...
Sept...
Oct..__
Nov...
Dec....
206
206
206
206
206
206
206
206
5,699
5,673
5,663
5,657
5,535
5,529
5,526
5,813
5,808
5,810
5,919
5,917
5,621
5,621
5,624
5,624
5,497
5,498
5,499
5,788
5,787
5,790
5,901
5,901
1,269
,269
1,269
1,269
1,269
1,269
1,269
1,269
1,269
1,269
1,269
1,269
2,731
2,731
2,731
2,731
2,603
2,603
2,603
2,603
2,602
2,602
2,600
2,600
1,096
1,096
1,096
1,096
1,096
1,096
1,096
1,096
1,097
1,097
1,097
1,097
1941—Jan. .__ 5,915 5,901 1,269 2,600 1,097
Feb.... 5,914 5,901 1,269 2,600 1,097
Mar... 5,916 5,905 1,269 2,600 1,097
Apr.... 6,560 6,550 1,269 2,600 1,741
May.. 6,371 6,359 1,269 2,409 1,741
June... 6,370 6,360 1,269 2,409 1,741
1
509
206
July,., 6,939 6,930 1,269 2,409 2,101
1939— Jan
4,987 ,383 2,888
2
819
206
114
Aug.,, 6,937 6,928 1,269 2,409 2,101
Feb.
5,410 ,381 2,888
2
819
206
114
Sept.,. 6,937 6,929 1,269 2,409 2,101
Mar
5,410 ,381 2,888
2
819
206
114
Oct..,. 6,938 6,930 1,269 2,409 2,101
Apr.
5,410 ,380 2,888
114
2
820
206
Nov... 6,324 6,316 1,269 2,409 1,802 !
May
5,409 .379 2,888
3
820
114
Dec.... 6,324 6,317 1,269 2,409 1,802 1
June...
5,450 1,379 2,928
206
1
Excludes securities held by United States Treasury and reflected in the public debt.
2
Includes interest-bearing and matured debt; monthly figures on matured debt were not published regularly prior
Matured debt amounted to less than $500,000 on June 30, 1938, and to about SI,000,000 on June 30, 1939.
3 Less than 1500,000 from July 1936 to April 1938 inclusive.
Aug.
Sept
Oct
Nov
Dec
407
407
407
407
407
407
407
696
696
696
696
696
Fed-
U.S. eral
HOUH- Housing
Author- minis*
ity tration*
2
114
3
114,
3
114
3
114
3
114
4
a
in
114
114
114
114
114
114
114
114
114
114
226
226
3
4
6
7
7
8
8
9
9
12
13
13
696
226
696
226
696
226
696 i 226
696
226
696
226
907
226
905 ! 226
905
226
905
226
114
701
701
114
12
13
16
17
17
17
17
17
18
18
21
21
to September 1939,
NO. 149-UNITED STATES GOVERNMENT DEBT-OWNERSHIP OF DIRECT AND GUARANTEED
SECURITIES, JUNE, 1916-1935; JUNE AND DECEMBER, 1936-1941
[End of month figures. In millions of dollars]
Total
interesthearing
securities
Year and month
1916—June
1917— June
1918— June
1019— june
1920— June
..
1921— June
1922 —June
1923— June
1924— June 1925 —June .
Special
issues
Public
issues
Held
by
Federal
Reserve
Banks
Privately held '
Total
Member
banks
Other
Mutual
comsavings
mercial
hanks
banks
50 i
10
480
100
750
300
1,340
670
940
840
Insurance
companies3
Other investors *
Market- Notun&rable
ketable
issues i issues
200
1,000
8,200
19,000
18,900
972
2,713
11,986
25,234
24,061
..
„.
1
Held by Federal
agencies and
trust funds
.
2
2
56
158
217
57
66
255
292
341
913
2,645
11,675
24,784
23,503
703
1,065
2,464
3,803
2,811
23,737
22,711
22,008
20,982
20,211
95
359
432
419
394
435
259
555
102
431
353
23,119
21,724 i
21,487 !
20,157 !
19,328
2,561
3,205
3,835
3,575
3,780
830
780
870
860
850
950
1,010
1,120
1,160
1,130
18,800
16,700
15,700
14,600
13,600
204
359
462
607
764
454
400
392
309
237
385
370
235
216
591
18,341
17,122
16,229
15,507
14,330
3,745
3,796
4,225
4,155
4,061
810
790
940
790
920
960
810
720
560
520
12,800
11,700
10,300
10 000
8 800
1928—June
1927—June
1928 — June .
1929—June
1930— June
..
19,384
18,251
17,318
16,639
15,922
1931— June
1932 —June 1933—June .
1934— June
1935— June
, -.
16,520
19,161
22,158
27.161
31,768
291
309
323
396
633
174
292
367
1,042
1.358
668
1,784
1,998
2.432
2,433
15,387
16,776
19,470
23,291
27,344 !
5.343
5,628
6,887
9,413
11.430
670
590
590
900
.1,290
650
680
720
970
1,540
800
1,000
1,500
2,600
8,700
9,100
10.300
10.500
10,400
37,707
38,362
40,465
41.353
41,428
43,891
45,336
47,067
47,874
50,360
626
632
1,558
2,227
2.676
3,156
3,770
4,231
4,775
5.370
1,694
1,800
2,026
2,028
2,101
2,177
2,116
2,300
2,295
2,250
2.430
2,430
2,526
2.564
2,564
2,564
2,551
2.484
2.466
2.184
32,957 i
33.500
34,355
34,534
34,087
35,994
36,899
38,052
38,338
40,556
13,672
13.545
12,689
12,372
12,343
13,223
13,777
14,328
14,722
15,823
,600
,790
,870
,780
,700
,850
,920
,970
,830
,940
2,050
2,250
2,390
2,450
2,690
2,880
3,040
3.100
3,110
3,220
3,900
4,500
5,000
5,300
5,500
5,700
5,900
6,300
6,500
6,900
10,500
10,500
11,300
11,400
10,500
10.700
10,400
10,200
9.400
9,600
1936 — June .December
1937—June
December
1938—June
December
1939— june
December
1940—June
December
.
„ .
100
1,200
900
,100
-200
:400
,,600
,900
2,200
2,800
3,100
54,747
1941— June
2,184
18,078
6.120
2,362
2,020
3,430
7,000
44,081
9.400
4,200
December
63.768
6,982
2.254
51,985 I 19,539
2,547
2,250
3,700
10,000
8,000
8.500
i Estimated figures for "other commercial banks" and "mutual savings banks" have been rounded to nearest 10 million dollars and estimated
figures for "insurance companies" and "other investors" have been rounded to nearest 100 million dollars.
1
Holdings of insurance companies included with "other investors" prior to 1932.
UNITED STATES GOVERNMENT
513
NO. ISO-SUMMARY OF TREASURY RECEIPTS, EXPENDITURES, AND RELATED ITEMS,
FISCAL YEARS, 1916-1941; MONTHLY, 1934-1941
[In millions of dollars]
General and special accounts1
Receipts
Trust
accounts,
Expenditures (excl. debt retirements)
Increase or
decrease during
period
CtO.,1
Year and month
Income
and
profits
taxes
AgriInNa- cultural
Miscel- Social
Total Net
re- 3 terest tional 4 adjustrelaneous securinterity Other' ceipts ceipts on defense ment
taxes
prodebt
nal
gram
revenue
Fiscal year
ending June 30:
125
1916
360
1917
2,314
1918
3,019
1919
3,945
1920
388
450
872
1,297
1,460
270
314
479
836
1,290
1921
1922
1923
1924
1925
3,206
2,068
1,679
1,842
1,761
1,390
1,145
946
953
829
1,034 65,630 S5,630 999
896 4,109 4,109 991
1,382 4,007 4,007 1,056
1,217 4,012 4,012 941
1,190 3,780 3,780 882
1926
1927
1928
1929
1930
1,982
2,225
2,174
2,331
2,411
856
644
621
607
628
1,125
1,260
1,247
1,095
1,139
3,963
4,129
4,042
4,033
4,178
3,963
4,129
4,042
4,033
4,178
832
787
732
678
659
677
688
732
791
839
1,860
_•_. 1,057
746
818
1,099
----
569
504
858
1,470
1,657
761
445
476
828
1,044
3,190
2,006
2,080
3,116
3,800
3,190
2,006
2,080
3,116
3,800
612
599
689
757
821
832
753
680
531
689
1936
1937
1938
1939
1940
1,427
_ 2,163
__ 2,640
2,189
,7,125
2,010
2,181
2,279
2,232
2,345
253
755
740
838
679
697
568
507
617
4,116
5,294
6,242
5,668
5,925
4,116 749
5,029 866
5,855 926
5,165 941
5,387 1,041
900
929
1,029
1,206
1,657
1941
932
900
8,269 7,607 1,111
6,301
TransUnem- fers to
ploy- trust
ment ac- Other
relief counts,
etc.'
1931
1932
1933
1934
1935..
783
1,124
3,665
5,152
6,695
374
+48
734
-853
•1,335 1,978
66,358 12,697 -9,032
5
6,885 18,515 -13,363
+291
53,025 6,403
337
23
783
618
1,124
25
3,665 190 6,149
5,152 619 11,011
6,695 1,020 2,358
+514
+736
+713
+963
+717
+192
-278
+99
-136
-18
-322
-1,014
-614
-1,099
-735
120
116
112
132
133
,469
,383
,527
,698
,809
3,098
2,974
3,103
3,299
3,440
+865
+1,155
+939
+734
+738
-8
+24
+31
+61
-8
-873
-1,131
-908
-673
-746
245
221
121
71
71
1,963
2,962
2,029
2,517
2,366
3,652
4,535
3,864
6,011
7,010
-462
-2,529
-1,784
-2,896
-3,209
+153
-1
-55
-211
+445
-823
+101 +1,720
+821
-741
+616
+2,686
+3,052
+4,514
+1,648
2,309 1,814
603
2,432
220
1,914
182
2,595
226
1,919
2,361
2,820
2,788
2,996
3,153
8,666
8,177
7,239
8,707
8,998
-4,550
-3,149
-1,384
-3,542
-3,611
+312
+374
+306
+890
+136
+840
-128
-338
+622
-947
+5.078
+2,646
+740
+3,275
+2,528
2,403 12.711
-5,103
-148
345
289 1,846
712 2,351
533
527
362
787
1,002
+742
+5,994
71
288
297
174
179
246
305
244
263
197
205
199
173
692
634
548
634
486
676
606
559
543
700
562
636
-262
-481
+511
-428 +2,809 +3,365
-84
-128
-61
-451 -2,033 -2,524
-272
-59
-250
+560
-53
-285
-110
+142
-388
-335
+47
-273
+56
94
+40
-381
-441
+61
-214
-10
-316
+966
+38
-251
+1,254
+984
+105
-39
+37
+898
+138
-109
+110
-2
+111
+1,180
141
153
164
168
161
230
209
203
94
186
210
172
137
481
527
569
600
534
692
560
426
570
632
491
606
-278
-313
+32
372
-288
-228
-281
127
-150
-396
-257
-172
-244
-239
+365
-511
+22
-115
-52
-314
+324
-325
-39
+774
-3
+50
+281
-149
-30
+63
+419
-87
+389
+40
+172
+923
167
167
189
221
343
272
244
245
228
279
240
225
519
480
636
631
687
2,428
657
575
676
677
564
715
-291
-262
+116
-400
-431
-1,899
-363
-232
-177
-404
-332
-197
-205
+127
-237
+22
+44 +1,099
-424
+9
-84
+137
+323
+80
-451
+246
-327
-31
+284
+9
-424
-19
-358
+12
+500
+85
-41
+3
+939
-34
+211
+2,142
-335
-63
+452
2,967
10
23
232
15
25
188
18
25
173
19
21
164
128
116
130
105
119
130
132
145
176
151
119
131
73
67
58
62
93
73
68
116
100
90
107
90
211
206
420
182
237
391
218
286
449
260
247
385
211
206
420
182
237
391
218
286
449
260
247
385
22
32
46
164
18
121
14
35
60
160
15
129
47
33
45
55
57
62
46
67
59
60
59
55
8
52
21
14
16
35
27
54
72
68
90
65
343
220
262
222
149
153
204
140
155
207
199
214
1935 —Jan
Feb... „
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct
_
Nov.
Deo
19
28
326
29
23
254
23
24
231
30
19
228
114
109
189
116
137
138
165
219
143
153
142
153
70
77
86
83
86
72
91
56
47
52
73
53
203
214
601
228
246
464
279
299
421
235
234
434
203
214
601
228
246
464
279
299
421
235
234
434
22
34
90
118
24
119
8
27
101
104
10
107
60
56
59
61
51
55
61
69
63
72
67
67
61
59
48
69
48
52
32
74
60
67
62
72
185
214
204
191
181
257
115
162
160
179
180
223
1936 — Jan
Feb.
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec.
35
43
412
36
35
310
39
32
288
27
33
286
138
132
291
152
158
164
201
264
161
186
148
174
55
43
49
43
63
55
54
47
50
59
52
57
228
218
752
231
256
529
294
343
499
272
233
517
228
218
752
231
256
529
294
343
499
272
233
517
19
31
131
72
8
132
10
26
144
74
8
140
76
70
106
83
87
78
79
77
76
78
72
74
35
7
'5
34
42
53
38
20
15
20
31
38
222
205
215
221
207
220 1^673"
77
209
10
197
204
9
4
222
3
210
1
237
+82
+34
+897 +1,750
+447 +9,480
-333 +13,029
-894 -1,185
5,116
3,373
3,295
3,049
3,063
3,470
For footnotes see end of table, p. 514,
Groes
debt
52,349
»1,447
1,509
1,419
100 1,364
1,768
935
730
689
717
1934 — Jan.
Feb.
Mar. ....
Apr.
May
June
July
Aug
.Sept
Oct
Nov.
Dec.
::::::
Excess of excess of
receipts receipts
<+)or (+)or General
expendi- expendi- Fund
tures balance
Total"
tures
(-)
(-)
877 1,694
7
325
+37
+24
+42
+11
+340
+50
-190
-100
+85
+30
+45
+23
-38
+613
BANKING AND MONETARY STATISTICS
514
NO. ISO-SUMMARY OF TREASURY RECEIPTS, EXPENDITURES, AND RELATED ITEMS,
FISCAL YEARS, 1116-1941; MONTHLY, 1§34-1941-Continued
[In millions of dollars]
General and special accounts1
Receipts
Year and month
1937—Jan
Feb
Mar
Apr
May
June
July
Income
and
profits
taxes
Expenditures (excl. debt retirement)
InMiscel- Social
Net
Nalaneous securTotal re- terest tional
inter- ity Other* re- ceipts8 on defense'
taxes
debt
ceipts
nal
revenue
Agricultural
adjustment
program
Unemployment
relief
Sept
Got, . .
Nov
Dec.
43
59
702
57
47
549
58
36
502
41
37
487
168
148
188
166
169
210
221
301
185
188
181
191
3
10
50
78
59
53
53
60
50
52
60
138
284
70
58
275
72 1,012
363
62
60
335
56
868
77
409
453
56
788
51
52
333
327
49
50
866
239
229
967
318
290
828
367
412
747
292
286
823
14
20
159
68
9
194
12
21
159
67
9
163
76
72
79
85
76
86
88
84
81
80
81
87
41
55
97
91
45
36
24
13
10
10
11
11
185
172
223
199
188
186
178
151
139
138
1938— Jan.. . .
Feb.
Mar.
Apr
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
53
63
724
50
41
550
47
33
499
41
36
481
172
140
191
154
169
185
185
282
169
209
175
180
57
110
3
34
131
,5
32
131
3
34
129
3
53
36
41
35
34
34
47
41
40
48
42
40
335
349
959
273
375
774
311
487
711
332
382
704
294
308
916
262
373
774
273
449
678
300
350
672
16
17
153
66
9
233
13
17
146
67
9
173
84
73
95
87
94
95
95
100
92
100
101
101
18
30
58
70
60
48
58
33
25
63
70
53
137
134
181
179
192
195
210
225
219
240
222
247
1939—Jan.
Feb.
Mar.
Apr..
May
June
July
Aug
Sept.
Oct.
Nov
Dec.
49
56
506
40
43
356
42
38
329
38
34
319
172
142.
183155
187
192
187
217
311
198
191
171
43
182
4
30
124
25
36
119
27
36
130
29
44
37
44
43
43
40
43
46
52
50
52
50
308
417
737
268
397
613
308
420
719
322
407
569
271
367
687
213
347
557
265
372
676
279
364
521
30
17
120
66
10
272
15
18
151
68
12
190
106
86
103
101
108
112
117
121
116
124
127
135
53
61
94
98
106
73
55
45
68
97
117
101
213
183
231
201
208
196
186
172
139
145
147
162
1940—Jan..
Feb
Mar;
A,pr.
May
June
July
Aug
Sept
Oct.
Nov.
Dec
45
63
665
48
40
464
50
38
432
44
49
429
167
154
192
175
179
201
237
346
213
237
252
231
45
178
30
39
137
32
39
139
29
38
138
34
58
49
47
42
44
87
41
43
37
46
46
47
315
444
934
304
400
784
367
566
711
365
485
741
315
444
799
304
400
649
331
447
711
333
362
740
38
19
146
69
10
305
20
20
148
73
11
219
138
135
152
169
163
159
199
223
241
311
393
495
118
126
103
76
59
39
50
72
70
96
102
105
1941—Jan,
Feb
Mar
Awr.
May
June
July
Aug
Sept
Oct
Nov
Dec
63
104
1,208
75
63
916
84
59
780
68
66
_ 767
210
204
273
244
254
265
268
269
261
314
436
353
47
193
34
43
165
32
48
173
37
- 49
181
41
52
173
52
240
59
64
56
53
58
58
47
53
372
674
1,567
602
541
1,277
456
554
1,136
489
730
1,214
340
541
1,566
565
394
1,276
413
397
1,135
445
564
1,212
25
21
150
73
12
339
25
9
169
75
15
232
589
610
769
782
857
832
969
1,131
1,330
1,537
1,448
1,850
95
87
90
61
27
22
44
27
32
58
72
113
1
3
Transfers to
'trust Other
accounts,
etc.*
Increase or
decrease during
Trust
period
accounts.
etc.,i
Excess of excess of
receipts receipts
C+)or General
Total' expendi- expendi- Fund
Gross
tures balance debt
tures
223
228
208
252
196
252
253
228
230
256
201
201
539
547
766
695
514
1,254
638
517
633
565
453
635
300
-317
+201
-377
-224
-427
-271
-104
+114
-273
-167
+188
+24
+32
-41
+40
+4
+15
+65
+38
+14
+8
37
-9
222
205
203
220
211
358
252
260
224
255
227
239
492
474
705
631
566
930
725
645
718
737
646
830
-198
-166
+211
-369
-193
-156
-451
-195
-40
-437
-296
-157
+1
+11
+31
-36
+158
+63
+325
-63
-41
-3
-6
-31
-23
+25
+166
-451
-122
-351
-100
+144
+719
-409
-122
4636
+173
+180
-76
-46
-88
-258
+27
+402
+800
+30
+180
+824
124
18
8
10
11
11
252
265
254
264
262
242
267
400
259
277
234
233
656
612
820
730
694
895
764
774
741
721
648
832
-385
-245
-132
-517
-348
-339
-499
-402
-65
-442
-284
-311
+30
+428
+52
+93
+9
+95
-113
-44
+46
-1
+267
-16
-151
+410
+46
-346
-119
-86
-391
216
-53
-264
+252
+311
+204
+227
+127
+78
+219
+158
+222
+230
-34
+178
+269
+637
157
145
173
173
169
151
147
138
135
141
134
151
'4
12
2
23
7
4
117
30
15
7
26
5
265
231
246
273
239
229
285
223
150
241
151
197
712
668
822
783
647
887
§18
706
759
869
817
1,172
-398
-224
-22
-479
-247
-237
-487
-259
-48
-536
-455
-432
+37
+36
+11
+58
-83 i
-61
+51
+320
-158
-24
+216
-209
+167
-194
+256
+67
+175
+164
+118
-303
+150
-181
-139
+160
+803
+367
+196 ! +135
+168
39
+64
-495
+136
-103
+752
+111
142
134
155
144
142
131
132
106
108
109
95
115
26
29
23
28
12
10
169
14
6
45
10
9
234
194
212
227
91
194
259
242
229
259
218
223
1,111
1,075
1,399
1,315
1,141
1,528
1,598
1,529
1,874
2,083
1,858
2,542
-771
-534
+167
-750
-747
-252
-1,185
-1,133
-739
-1,637
-1,294
-1,329
iS
500
83
20
14
14
14
20
15
15
15
9
1
97
10
12
12
17
17
* 2
18
-180
+95
+99
-187
+127
+287
+212
-124
+272
+52
+800 +1,212
+291
+85
+329
+263
-170
-43
-184
+81
+137
-68
+186
+365
+852
+97
+15
+213
-324
-3
-236 +1,014 +1,083
+58
-290
+403
-521
-490
-264
+729 +1,241
-259
+551
-34
+599
+274 +1,408
-2
-607
+425
-293
+376 i +2,238
-225
-322 +1,456
-484
-328 +1,241 +2,898
Trust account figures are included under general and special accounts for the fiscal years 1916-1930.
Includes customs, miscellaneous receipts, and, during the fiscal years 1934-1936, processing taxes on farm products.
» For fiscal years beginning with 1937, net receipts are total receipts less net transfers to the Federal old-age and survivors insurance trust fund.
These transfers are also excluded from total expenditures and from transfers to trust accounts.
• Includes, in addition to expenditures by the Navy Department and by the War Department for military functions, the following other
expenditures: (1) prior to fiscal year 1932 expenditures by the War Department for nonmilitary functions and for the Panama Canal; (2) beginning
July 1931 expenditures by the Maritime Commission; (3) beginning July 1940 expenditures from the national defense funds for the President,
for lend-lease aid, defenses housing, and administrative expenses for selective service; and (4) beginning July 1941 defense expenditures by civil
establishments.
• Includes loans to foreign governments which amounted to $4,738,000,000 in 1918, $3,479,000,000 in 1919 and a total of $9,598,000,000 for the
6 yearn 1917-1922.
• Includes $4,842,000 written off the debt December 31, 1920, on account of fractional currency estimated to have been lost or destroyed in
circulation.
7
Excess of credits.
UNITED STATES GOVERNMENT
515
NO. 151-GENERAL FUND OF THE TREASURE JUNE, 1916-1917; JUNE AND DECEMBER,
1918-1933; MONTHLY, 1934-1941
[End of month figures. In millions of dollars]
Balance
in
General
Fund
Year and
month
1916—June
1917—June
1918—June
Dee
1919—june
Dec, 1920— June
Dec.
Year and
month
Balance
in
General
Fund
550
488
272
538
371
325
240 1921—June
1 1 138
Dec
1,585 1922—June
1 080
Dec.
1,252 1923— June
'687
Dec
358
. 505
Balance
Year and
month
General
Fund
1924—Ju ne
D€ c.
1925—Ju ne
D€ c.
1926— Ju ne
De c._
235
329
218
329
210
227
Year and
month
1927— Ju ne
D 3C
1928— Ju ne
D 3C
1929— Ju ne
D<3C
234
272
266
270
327
173
Assets
Year and month
Total
1934—Jan.
Feb
Mar. ..
Apr
May .
June
July
.
Aug
Sept.
Oct
Nov. .
Dec.
1935— Jan.
Feb
Mar.
Apr
May
June
July
Aug.*
Sept
Oct.
Nov
Dec
1930 — jan
Feb.
Mar
Apr.
May
June
July
Aug.
Sept
Oct
Nov.
Dec
1937—Jan.
Feb
Mar.
Apr
May
June
July
Aug.
Sept
Oct
Nov.
Dec.
1938— Jan
Feb
Mar.
Apr
May ,
June
July
Aug
Sept.
Oct.
Nov
Dec
.
._
-.
...
..
,.
---
_,,
- _
.
. -.- ...
-.
.
-.
. ,
r -._-
„
. . .
_._
_
.
.
„
.
...
Balance
in
General
Fund
Year and
month
Balance
in
General
Fund
1930-Jusne
D c
1931—Juane
D c
1932-Jusne
D( c.-_
1933-Ju ne
De5C...
319
307
472
475
417
555
862
1,026
Balance in General Fund
Bullion, Deposits Deposits
coin,
in Federa in special
and
Reserve deposicurrency Banks
taries
Other
_ Total
liabilities
Total
Working
balance
Seign- Incremeni Inactive
on gold
iorage
gold
on silver
1,956
5,339
5,194
2,749
2,501
3,033
2,880
2,663
2,667
2,373
2,164
3,094
296
3,250
3,145
1,124
1,092
,045
,006
,025
,040
,067
,085
,173
314
99
146
60
97
68
93
200
184
93
153
1,312
1,944
1,914
1,444 .
1,315
1,854
1,770
1,508
1,390
1,083
947
1,695
34
35
36
35
35
37
36
36
38
39
39
73
419
438
376
455
479
451
408
526
474
561
566
530
1,537
4,902
4,818
2,294
2,022
2,582
2,472
2,137
2,193
1,812
1,597
2,564
2,094
2,007
1,483
1,211
1,771
1,660
1,325
1,381
978
740
1,680
22
48
80
2,808
2,810
811
811
811
812
812
812
811
810
804
2,812
2,580
2,934
2,465
2,159
2,016
,974
,651
,997
,686
,630
2,424
,067
,079
,110
,068
,082
,044
,049
835
895
847
846
868
125
125
451
114
107
118
201
126
165
118
113
600
1,562
1,325
1,325
1,239
926
799
676
634
877
654
598
871
57
51
47
45
45
55
47
55
61
66
74
85
492
500
488
531
203
175
185
176
199
213
196
215
2,319
2,081
2,446
1,935
1,957
,841
,789
,475
,799
,473
,434
2,209
1,439
1,196
1,538
1,012
1,029
1,001
1,501
1,178
1,484
1,130
1,058
1,805
80
36
111
130
135
140
142
153
171
199
233
261
801
799
797
794
793
700
145
144
144
144
144
143
2,234
1,988
3,081
2,643
2,535
2,936
2,492
2,139
2,416
1,992
1,606
2,101
877
853
880
887
944
865
802
783
841
773
751
767
520
456
1,131
708
554
862
497
167
350
155
125
276
748
617
1,006
984
976
1,150
1,134
1,132
1,169
1,006
675
989
89
62
65
63
62
58
58
57
57
58
55
70
230
221
215
201
177
254
261
235
229
229
200
195
2,004
1,767
2,866
2,442
2,358
2,682
2,230
1,904
2,188
1,764
1,406
1,906
1,580
1,332
2,423
1,995
1,910
2,225
1,771
1,441
1,719
1,291
931
1,401
283
294
302
306
308
316
319
323
329
332
333
337
141
141
140
141
141
140
141
140
140
141
141
141
26
1,913
1,724
2,010
1,880
1,016
2,709
2,819
3,064
3,013
2 U 852
2s, 764
3,162
916
,009
,159
,377
,560
,863
2,019
2,160
2,031
2,117
2,093
2,089
207
217
367
132
141
247
168
161
128
132
181
730
442
426
318
192
649
501
685
768
552
485
835
60
56
58
53
53
55
51
52
53
55
54
57
187
185
184
178
162
156
180
162
153
176
J56
189
1,726
1,539
1,826
1,702
1,754
2,553
2,639
2,902
2,860
2,676
2,608
2,973
1,118
849
995
642
501
970
915
1,051
1,128
875
831
1,202
340
344
348
350
354
356
369
375
382
388
394
401
141
141
141
141
141
141
141
141
141
141
141
142
127
205
343
568
758
1,087
1,213
1,335
1,209
1,271
1,243
1,228
3,133
3,124
3,287
2,845
2,708
2,419
2,299
2,407
3,164
2,733
2,625
'3,285
2,133
2,087
2,051
705
776
827
' 882
1,016
1,353
1,3201,251
1,290
168
209
373
1,360
1,203
929
777
778
963
603
570
1,033
776
776
811
728
679
611
585
556
791
747
736
888
56
53
51
52
50
52
54
56
56
63
68
75
184
149
147
156
141
203
183
148
185
164
178
202
2,950
2,975
3,140
2,689
2,567
2,216
2,116
2,260
2,978
2,569
2,447
3,084
1,172
1,212
1,389
2,114
1,985
1,628
1,523
1,663
2,376
1,960
1,828
2,449
413
421
427
433
440
446
451
455
460
467
478
492
142
142
142
142
142
142
.142
142
142
142
142
142
1,223
1,201
1,183
no
m
.
516
BANKING AND MONETARY STATISTICS
NO. 151-QENERAL FUND OF THE TREASURY, JUNE, 1916-1917; JUNE AND DECEMBER,
1918-1933; MONTHLY, 1934-1941-Continued
[End of month figures. In millions of dollars]
Assets
Year and month
Total
1939—Jan.
Feb.
Mar.
Apr.
-
June
July
Aug.
Sept
Oct.
Nov
Dec.
1940 — Jan
Feb.
Mar.
Apr
May
June
July
Aug
Sept.
Get
Nov.
Dec
1941— Jan.
Feb.
Mar.
Apr.
May
Bullion, Deposits Deposits
coin,
in Federal in special
and
Reserve deposicurrency
Banks
taries
Total
liabilities
Other
Total
Working
balance
Seign- Increment Inactive
on gold
iorage
gold
on silver
. . ..
- ,
3,119
3,517
3,635
3,230
3,106
3,087
2,801
2,576
2,334
2,077
2,350
2,667
1,366
1,338
1,295
1,313
1,256
1,194
997
969
893
905
1,023
1,069
792
1,222
1,388
975
971
1,022
928
748
586
318
471
673
876
873
866
858
792
776
771
761
758
756
755
825
85
84
86
84
87
95
104
99
96
97
101
100
186
174
246
186
182
248
353
345
156
163
185
190
2,933
3,343
3,389
3,044
2,S24
2,838
2,447
2,231
2,178
1,913
2,166
2,476
2,288
2,693
2,732
2,380
2,254
2,160
1,761
1,539
1,481
1,213
1,462
1,768
503
508
515
522
528
536
544
549
554
558
561
565
142
142
142
142
142
142
142
142
142
143
143
143
2,463
2,543
2,696
2,382
2,234
2,038
2,414
2,611
2,566
2,101
1,976
2,110
_ „
May
June
July
Aug.
Sept
Oct.
Nov.
Dec
Balance in General Fund
1,023
1,042
1,047
1,001
884
874
941
970
985
886
886
913
517
589
734
463
438
254
639
815
759
391
268
405
816
815
814
814
813
805
718
717
715
713
705
675
108
97
101
104
99
105
116
109
106
111
116
117
181
194
182
172
204
147
156
157
151
181
159
181
2,282
2,350
2,514
2,210
2,030
1,891
2,258
2,454
2,415
1,920
1,817
1,928
1,571
1,634
1,794
1,486
1,303
1,163
1,527
1,720
1,680
1,183
1,078
1,188
568
573
577
581
584
585
588
590
592
595
596
597
143
143
143
143
143
143
143
143
143
143
143
143
2,203
1,873
2,885
2,599
2,079
2,812
2,807
3,057
2,461
2,852
2,544
3,816
895
893
944
992
926
984
1,041
1,086
991
913
896
919
702
385
1,245
910
470
1,024
934
995
526
998
543
966
479
477
566
550
543
661
680
833
797
784
947
1,756
127
118
130
147
141
143
151
143
147
156
159
175
178
172
170
173
175
179
208
185
195
210
225
256
2,025
1,701
2,715
2,425
1,904
2,633
2,599
2,873
2,266
2,641
2,319
3,560
1,283
957
1,970
1,679
1,157
1,885
1,848
2,120
1,511
1,885
1,562
2,802
599
601
602
603
604
605
607
610
611
613
614
615
143
143
143
143
143
143
143
143
143
143
143
143
UNITED STATES GOVERNMENT
517
NO. 152-UNITED STATES GOVERNMENT CORPORATIONS AND CREDIT AGENCIES-PRINCIPAL ASSETS AND
LIABILITIES, JUNE AND DECEMBER, 1935-1937; MONTHLY, JUNE 1938-DECEMBER 1941'
[End of month figures. In millions of dollars]
Liabilities3
Assets2
Securities
of Govt.
corporations
Acand credit
counts
agencies
U.S.
Home
Loans
and
Govt.
Other
and
to
other
Cash direct
finan- Pre- Loans hous- Farm agriresecu- Fully
ing mort- cul- Other
cial 'erred to
ceivrities guarinsti- stock, rail- mort- gage tural loans Total
an- Other3 ables
cans loans
tu- etc. roads gage
teed
loans
tions
by
U.S.
Bonds,
no tea,
and
debentures
Loans and preferred stock
Year and
month
Business
property
Total
Total
assets
Propliabilother
erty
ities
Other other
held Other than
inter- Fully
for
than
agency guarsale
interan- Other*
agency
teed
by
Excess
of
assets
over
liabilities
U.S.
Govt.
interests
Privately
owned
interests
u s,
1935
June
Dec.
983
791
678 1,018
599 2,658 2,750
572 2,903 2,867
696
750
565 9,040 453
615 9,402 319
444
449
220
215
45
26
185
252
156
165
214
172
80 10,836 4,168 1,515
62 11,062 4,546 1,335
377 6,060 4,775 4,423
437 6,317 4,744 4,404
352
340
1936
June
Dec.
555
521
976
901
516 2,063 2,891
433 2,801 2,901
730
675
736 9,367 279
809 9,042 259
486
506
211
196
28
30
269
325
183
172
222
330
97 11,141 4,719 1,392
99 10,958 4,669 1,428
460 6,571 4,570 4,223
608 6,705 4,253 3,915
347
338
.
487
501
890
886
438 2,605 2,883
440 2,475 2,848
633
671
882 8,817 288
891 8,712 299
551
606
196
180
28
32
297
304
222
388
479
595
65 10,943 4,689 1,326
62 11,178 4,645 1,363
629 6,644 4,299 3,943
736 6,743 4,434 4,073
355
361
1938
June
July
Aug.
Sept.
Oct.. ....
Nov.
Dec.
494
489
473
470
468
464
470
869
868
860
859
859
857
874
471
475
491
495
502
503
511
2,357
2,346
2,340
2,335
2,330
2,326
2,335
2,804
2,795
2,786
2,776
2,764
2,751
2,735
773
782
815
833
841
845
863
921
872
887
903
919
931
951
444
380
326
329
367
349
370
651
674
677
684
698
701
710
158
160
160
159
146
144
145
42
37
36
40
35
36
35
342
415
394
372
356
333
328
430
432
438
447
451
452
456
662
670
666
667
673
679
689
62
72
73
55
58
60
61
11,481 4,853
11,466 5,064
11,421 5,001
11,424 5,010
11,467 5,001
11,432 4,994
11,533 4,992
1,346
1,378
1,372
1,365
1,352
1,323
1,317
835
887
859
843
831
797
821
1939
Jan.
Feb.
Mar.
Apr
May
June
July
Aug
Sept.
Oct.
Nov.
Dec.
445
431
420
430
434
446
435
428
430
434
430
444
869
860
858
862
863
865
864
844
842
840
817
816
512
508
505
509
501
493
493
492
492
489
497
500
2,329
2,327
2,324
2,323
2,325
2,331
2,332
2,337
2,347
2,363
2,358
2,365
2,719 862 968 8,704 421
2,710 861 988 8,685 486
2,694 874 1,026 8,700 511
2,683 888 979 8,674 559
2,671 887 1,006 8,688 538
2,658 893 957 8,643 585
2,647 1,084 1,007 8,861 385
2,637 732 1,033 8,504 418
2,626 720 1,068 8,525 336
2,616 720 1,093 8,555 452
2,605 711 1,112 8,531 476
2,596 698 1,100 8,518 460
728
731
742
705
708
713
731
735
738
738
743
758
140
143
143
144
142
140
140
141
141
141
131
130
39
42
44
46
45
48
47
45
41
40
39
41
343
340
333
377
377
377
378
450
446
426
389
379
460
465
468
472
476
481
483
531
535
542
543
549
698
708
712
712
713
708
709
1,100
1,093
1,090
1,082
1,093
66
102
90
52
74
80
90
95
111
121
129
133
11,599 4,987
11,702 5,410
11,742 5,410
11,742 5,410
11,763 5,410
11,775 5,451
11,823 5,291
12,017 5,489
11,967 5,356
12,105 5,449
12,063 5,708
12,062 5,704
1,372
1,369
1,374
1,379
1,382
1,389
1,349
1,345
1,357
1,357
1,352
1,348
842
861
855
857
850
859
867
1,052
1,054
1,039
1,004
995
1940
Jan.
Feb.
Mar,
Apr.
May
June
July
Aug.
Sept.
Oct.__
Nov.
Dec........
425
405
394
410
386
429
430
433
437
441
469
485
807
791
786
788
784
783
772
756
757
757
739
736
504
509
517
521
515
524
552
553
513
512
515
516
2,376
2,365
2,377
2,347
2,355
2,323
2,342
2,336
2,348
2,387
2,387
2,390
2,588
2,580
2,568
2,560
2,553
2,549
2,540
2,534
2,526
2,517
2,508
2,500
642 1,100 8,442
639 1,118 8,407
6-51 1,140 8,434
665 1,160 8,450
667 1,183 8,442
675 1,187 8,470
693 1,185 8,513
815 1,197 8,623
802 1,200 8,583
785 1,214 |8, 613
772 1,291
,682
757 1,298 !,680
474
494
504
553
461
412
462
566
572
521
549
533
770
765
765
760
762
748
740
715
693
704
699
701
130
130
130
131
131
131
131
131
131
130
128
128
40
43
45
46
46
48
35
36
36
30
24
22
384
415
417
421
417
404
394
519
512
521
513
491
553
552
555
558
559
562
567
569
570
597
601
593
1,131
1,125
1,109
1,090
1,088
1,067
1,067
1,061
1,081
1,094
1,113
1,141
1941
Jan.
Feb
Mar.
Apr
,._
May
June
July
Aug.
Sept.
Oct..
Nov.
Dec
445
425
409
400
397
417
408
407
409
409
408
434
729
711
706
703
702
698
693
669
666
665
664
680
523
518
523
523
505
505
497
497
497
484
483
498
2,424
2,395
2,406
2,427
2,436
2,445
2,413
2,413
2,427
2,413
2,401
2,424
2,481
2,485
2,475
2,467
2,458
2,448
2,437
2,426
2,411
2,396
2,380
2,361
728 1,309 ,639
727 1,352 18,614
776 1,386 8,681
867 1,409 8,796
830 1,472 8,800
779 1,511 8,804
754 1,553 8,756
726 1,690 8,826
717 1,738 8,864
709 1,957 9,033
732 1,933 9,001
773 1,996 9,167
580
595
620
771
464
376
771
594
523
489
502
496
723
736
756
771
780
802
824
844
846
895
906
884
127
127
124
126
125
123
123
123
122
120
115
115
21
22
20
21
17
18
17
18
17
20
26
46
552
524
551
555
549
598
707
671
759
810
751
574
599
600
602
608
623
636
653
664
671
689
698
714
1,190
1,206
1,245
1,297
1,392
1,497
1,567
1,625
1,710
1,805
1,879
1,891
1937
June
Dec.
1
a
8,689
8,627
8,652
8,672
8,683
8,678
8,739
4,447
4,136
4,189
4,207
4,284
4,318
4,404
4,078
3,764
3,815
3,830
3,905
3,936
4,022
370
372
374
377
379
382
381
7,201 4,398
7,640 4,062
7,639 4,104
7,646 4,096
7,641 4,122
7,699 4,076
7,507 4,316
7,886 4,131
7,768 4,199
7,845 4,261
8,064 3,999
8,048 4,014
4,015
3,678
3,718
3,709
3,732
3,688
3,926
3,739
3,806
3,866
3,602
3,617
383
384
386
387
389
387
390
391
393
395
397
397
140
148
157
167
179
179
184
191
193
188
210
211
12,064 5,700 1,340 1,019 8,059 4,005 3,607
12,078 5,675 1,321 1,057 8,053 4,025 3,625
12,116 5,664 1,323 ,065 8,052 4,064 3,663
12,176 5,657 1,327 ,069 8,053 4,122 3,719
12,085 5,535 1,337 ,039 7,912 4,174 3,770
12,021 5,529 1,343 ,105 7,977 4,044 3,639
12,092 5,526 1,351 ,103 7,980 4,112 3,706
12,410 5,811 1,354 ,234 8,400 4,010 3,603
12,371 5,809 1,356 ,238 8,403 3,968 3,558
12,398 5,808 1,354 ,243 8,406 3,992 3,580
12,518 5,919 1,422 ,237 8,579 3,939 3,526
12,500 5,917 1,395 ,214 8,526 3,974 3,559
398
400
401
403
404
405
406
407
410
412
413
415
242
251
310
338
359
423
435
517
563
592
701
773
12,672 5,915 1,389
12,676 5,914 1,386
12,909 5,916 1,390
13,282 6,560 1,385
13,108 6,371 1,434
13,277 6,370 1,443
13,853 6,939 1,442
13,882 6,937 1,445
14,076 6,937 1,434
14,452 6,938 1,416
14,580 6,324 1,393
14,660- 6,324 1,392
417
418
421
422
423
424
425
426
427
428
430
431
,294
,292
,391
,432
,492
,604
,761
,741
1,859
1,952
1,974
2,049
7,033
7,330
7,233
7,218
7,183
7,114
7,130
8,599 4,074
8,592 4,084
8,696 4,213
9,377 3,906
9,297 3,811
9,417 3.860
10,142 3,711
10,123 3,759
10,231 3,845
10,306 4,146
9,690 4,889
9,765 4,895
3,657
3,666
3,792
3,484
3.388
3,436
3,286
3,333
3,418
3,718
4,459
4,464
Figures have been adjusted for major changes in classification of assets and liabilities made by the Treasury during the period covered.
Excludes inter-agency items except investments in securities of agencies (other than mentioned in footnote 3) and deposits of agencies with the Reconstruction Finance Corporation.
» Excludes Federal land bank bonds held by the Federal Farm Mortgage Corporation.
* Figures shown in this column differ in some cases from the gross outstanding amount of guaranteed securities shown in Table 148, owing largely to
differences in reporting the amount of Home Owners' Loan Corporation bonds.
BANKING AND MONETARY STATISTICS
518
NO. 153-UNITED STATES GOVERNMENT CORPORATIONS AND CREDIT AGENCIES-PRINCIPAL ASSETS AND
LIABILITIES, BIT CORPORATIONS AND AGENCIES, DECEMBER 11,1940 AND 1941
[In millions of dollars]
Assets
Government corporation and credit agency
Total
loana
and
preferred
stock
Liabilities
Bonds, rotea, and
Accounts
debentures
U.S.
and
Govt.
GuaranProperty
teed
other
Business
held
direct
for
Guaransecurities securities receiv- ; property
Other
ables
teed by
sale
U.S.
Cash
December 31, 1940
Reconstruction Finance Corporation
National defense corporations
Home mortgage and housing agencies:
Home Owners' Loan Corporation
Federal home loan banks ~
..
R. F. C. Mortgage Company
Federal National Mortgage Association
United States Housing Authority
1,519
5
49
2,151
201
67
181
186
189
47
39
Farm credit agencies:
Federal Farm Mortgage Corporation
Federal land banks
Federal intermediate credit banks
Banks for cooperatives
Production credit corporations
Regional agricultural credit corporations
Commodity Credit Corporation
Farm Credit Administration
Farm Security Administration
648
1,851
207
75
61
6
280
253
375
53
47
26
18
Insurance agencies:
Federal Crop Insurance Corporation
Federal Deposit Insurance Corporation
Federal Savings and Loan Insurance Corporation
Federal Housing Administration
Export-Import Bank of Washington
Tennessee Valley Authority
U. S. Maritime Commission
Rural Electrification Administration
Public Works Administration
Other... _ _ _ _ _ _ _ _
________
Total...... ,
59
83
50
5
26
13
12
1
42
43
1,097
7
1
2
3
2
3
357
2,615
1
128
10
91
85
226
45
166
2
1
6
12
77
1,270
67
83
36
19
37
16
2
14
8
20
1
13
2
8
1
6
570
696
'995
201
29
383
20
26
36
249
90
103
16
5
8,682
533
701
105
38
2
23
22
6
19
3
29
1
10
13
12
12
128
4
8
351
35
63
1
491
593
1,141
5,917
46
703
1,802
288
2,416
1,395
December 31f 1941
Reconstruction Finance Corporation
National defense corporations
Home mortgage and housing agencies:
Home Owners' Loan Corporation
Federal home loan banks
R. F. C. Mortgage Company
Federal National Mortgage Association
United States Housing Authority
Farm credit agencies:
Federal Farm Mortgage Corporation
Federal land banks
Federal intermediate credit banks
Hanks for cooperatives
Production credit corporations
Regionalflgrioiiltiir&lcredit corporations
Commodity Credit Corporation
Farm, Credit Administration
Farm Security Administration
Insurance agencies:
Federal Crop Insurance Corporation
Federal Deposit Insurance Corporation
Federal Savings and Loan Insurance Corporation
Federal Housing Administration
Export-Import Bank of Washington
Tennessee Valley Authority
U, S, Maritime Commission
Rural Electrification Administration
Public Works Administration
Other
Total....
1
1,833
52
10
51
1,952
219
72
207
367
237
24
54
9
7
597
1,764
235
113
81
6
233
250
467
20
48
18
17
2
167
36
30
16
49
139
31
49
10
1
3
7
1
127
114
49
169
3
2
6
9
54
1,269
34
3
17
2
25
2
18
2
16
5
1
2
4
4
1
749
701
101
15
30
323
86
90
13
6
9,167
496
884
13
38
6
33
48
7
22
7
29
1
10
67
574
714
2
8
1
1,891
Excludes Federal land bank bonds in the amount of 761 million dollars held by Federal Farm Mortgage Corporation.
22
447
54
16
115
5
1953
236
1
31
452
24
39
91
85
13
6,324
1,392
UNITED STATES GOVERNMENT
519
NO. 154-POSTAL SAVINGS SYSTEM-ASSETS AND DEPOSITORS' BALANCES,
JUNE AND DECEMBER, 1911-1941
[End of month figures. In millions of dollars]
Assets
Assets
Depositors'
balances1
Year and
month
U. S. Government
securities
Cash,
Cash
in
reserve
depository
funds,
banks Total Direct Guar- etc.2
anteed
Total
Depositors'
balances1
Year and
month
U. S. Government
securities
Cash
in
depository
banks
Total
Total
Cash
reserve
funds,
Direct Guar- etc.2
anteed
1911— June...
Dec
1
11
1
11
1
10
1
1926— June.. .
Dec.
134
139
142
148
101
106
33
33
33
33
8
8
1912—June...
Dec
20
28
20
28
19
26
2
2
1927—June
Dec
147
149
156
158
114
116
34
34
34
34
8
8
1913—June...
Dec....
34
40
34
40
32
37
2
2
1928—June...
Dec.___
152
154
161
163
118
129
34
25
34
25
9
9
1914—June...
Dec
43
59
45
60
41
56,
1
1
3
3
1929 —June
Dec....
154
164
163
174
127
138
26
26
26
26
10
10
1915—June...
Dec
66
74
67
76
60
69
1
1
1
1
6
6
1930—June...
Dec
175
245
185
253
148
209
26
27
26
27
10
17
1916— June.. .
Dec.
86
112
88
115
81
107
2
2
2
2
5
6
1931— June...
Dec.
347
606
356
616
307
511
27
70
27
70
22
35
1917—June...
Dec
132
143
135
148
127
139
2
3
2
3
6
6
1932— June...
Dec....
785
902
801
920
682
793
71
71
71
71
48
56
1918—June...
Dec
148
168
152
172
140
146
4
18
4
18
8
8
1933— June... 1,187
Dec
1,209
1,207
1,235
977
914
131
200
131
200
99
120
1919—June
Dec....
167
161
173
168
136
130
29
30
29
30
8
8
1934— June
Dec
1,198
1,207
1,225
1,237
695
540
453
597
418
467
35
130
76
100
1920—June...
Dec.
157
163
163
171
124
55
31
105
31
105
8
10
1935— June... 1,205
Dec.
1,201
1,236
1,237
385
287
777
853
630
708
147
147
74
98
1921—June...
Dec
152
146
160
154
48
44
106
103
106
103
5
8
1936—June
Dec
1,232
1,260
1,265
1,296
203
145
967
1,058
800
892
167
167
95
93
1922— June...
Dec....
138
132
146
141
44
56
93
77
93
77
8
8
1937—June... 1,268
Dec
1,270
1,307
1,308
136
130
1,100
1,097
933
931
167
167
71
80
1923— June...
Dec
132
131
141
142
62
63
71
72
71
72
8
8
1938 —June
1,252
Dec.... 1,252
1,290
1,291
115
86
1,103
1,132
936
965
167
166
73
73
1924—June. 1.
Dec
133
133.
137
139
96
98
33
33
33
33
9
8
1939— June.. . 1,262
Dec.... 1,279
1,304
1,319
68
53
1,157
1,192
1,011
1,046
146
146
78
74
1925— June...
Dec
132
134
138
141
98
100
33
33
33
33
8
8
1940— June
1,293
Dec.... 1,304
1,337
1,348
43
36
1,224
1,224
1,078
1,078
146
146
69
88
1941— June,.. 1,304
Dec
1,314
1,356
1,396
30
26
1,251
1,274
1,104
1,128
146
146
75
95
1
Includes outstanding principal, represented by certificates of deposit and deposits written off as unclaimed; excludes accrued interest and
outstanding savings stamps.
8
Includes working cash with postmasters,. 5 per cent reserve fund and miscellaneous working funds with the Treasurer of the United States,
accrued interest on bond investments, and accounts due from late postmasters.
NO. 155-POSTAL SAVINGS SYSTEM-DEPOSITORS' BALANCES, MONTHLY, 1927-19411
[End of month figures. In millions of dollars]
Month
January
February
March
April
May._.
June
July
August
September
October
November
December
1927
141
144
146
s
_-
1928
1929
1930
1931
149
154
165
278
151
152
155
155
168
170
292
303
147
147
147
147
148
152
152
152
152
152
148
149
149
149
152
153
154
154
154
154
158
160
170
171
175
181
187
314
325
347
372
423
160
162
164
164
190
193
201
245
470
538
566
606
154*
1932
666
693
706
723
743
785
830
848
859
872
885
902
1933
943
,007
114
,160
,180
187
178
,179
,182
189
1,199
1,209
1934
,201
,200
200
,197
197
198
190
,192
,193
1 199
1,204
1,207
1935
,201
,205
203
,200
,205
205
190
,192
,192
196
,199
,201
1937
1938
1939
1,208
1,214
1 216
1,215
1 214
1 232
1 244
1 249
1,251
1 255
1,257
1,260
1,266
1,270
1 272
1,270
1,272
1,271
1 268
,262
1,259
,263
266
,264
,262
,290
,297
301
,303
,299
1,314
,318
320
,317
,267
271
,275
,279
,298
,296
296
,299
,304
,309
,311
1 317
1,324
1,314
268
268
271
273
,270
269
,270
,270
255
252
252
252
,248
250
,250
,252
262
268
271
1940
1941
1936
293
297
310
304
307
1
Includes outstanding principal, represented by certificates of deposit and deposits written off as unclaimed; excludes accrued interest and
outstanding savings stamps.
S E C T I O N 14
GOLD
Text
Table
Table
Table
Table
Table
156.
157.
158.
159.
160.
Page
522
536
538
539
542
Analysis of changes in gold stock of United States, monthly, 1914-1941
Gold inflow to the United States and contributing factors, 1914-1940
Net gold imports to the United States, by countries, 1915-1941
Gold production, by countries and areas, 1910-1941
Gold reserves of central banks and governments, by countries, December, 1913-1927;
monthly, June 1928-December 1941
544
S E C T I O N 14
GOLD
At one time gold circulated freely as money
and was the basic form into which all other
types of money could generally be converted.
At present, however, the gold stock in most
countries is held largely or entirely by central
banks and government treasuries as a legal
reserve against note and deposit liabilities or
for stabilizing exchange rates. All gold belonging to the United States is held by the Treasury Department. Private gold holdings are forbidden except in limited amounts for licensed
purposes. Gold certificates, issued by the Treasury against a part of its gold stock, or gold
certificate credits on the books of the Treasury,
are held by Federal Reserve Banks as reserves
against their note and deposit liabilities. Gold
may also be held by Federal Reserve Banks
under earmark for account of foreign central
banks or governments. Such earmarked gold
is not a part of the monetary gold stock of this
country.
Statistics relating to the gold stocks of the
United States and of foreign central banks and
governments, and to gold production and gold
movements, are presented in this section. Table
156 shows monthly figures of gold stock in the
United States from 1914 to 1941 and an analysis
of the monthly changes. Table 157 gives figures
for the period July 1914 through 1940 for the
gold inflow to the United States—net gold
imports adjusted for changes in gold under earmark—and shows the principal items in the
international balance of payments of the United
States which give rise to this movement.
Table 158 shows annual net gold imports to the
United States by countries for the years 19151941. The last two tables in the section give
basic data on gold in foreign countries—gold
production by countries for 1910-1941 in Table
159, and gold reserves of central banks and governments for 1913-1941 in Table 160.
All figures are in dollars, calculated at the rate
of $20.67 per fine ounce of gold through January
1934 and $35 per fine ounce thereafter (except
that the figures for the year 1934 in Table 159
are based upon the $35 gold price). The change
in rate results from the fact that on January 31,
1934, the dollar was devalued by 40.94 per cent
in terms of gold in accordance with a proclamation issued by the President.
Gold stock of the United States. Until January 30, 1934, the gold stock of the United
States (shown in Table 156) consisted of
gold coin in circulation in the United States
and gold held by the Treasury and the 'Federal
Reserve Banks except gold held under earmark
for foreign account. On that date, title to all
gold owned by Federal Reserve Banks was transferred to the United States Government, while
by a series of Executive Orders in 1933 gold
coin was retired from circulation. Since January
30, 1934, the regular gold stock figures for the
United States have represented only gold held
by the Treasury, exclusive of relatively small
amounts held since April 1934 in the active portion of the Stabilization Fund, the figures for
which are not available for current records.1
The Federal Reserve Banks now hold gold certificates, or gold certificate credits on the books
of the Treasury, which have been issued against
the bulk of the Treasury's gold holdings. The
reported gold stock also includes gold against
which no certificates or certificate credits have
been issued: i.e., the inactive portion of the
Stabilization Fund's holdings, gold held against
certain Treasury currency issues, and gold in the
Treasury's General Fund, including from December 24, 1936, through April 13, 1938, amounts
set aside by the Treasury in a special Inactive
Account.
According to the original estimates of gold
coin in circulation, based upon payments of
gold coin into circulation and withdrawals from
circulation, reported imports and exports of gold
coin, mintings, meltings, and the use of gold
coin in the arts, the circulation figure on January
30, 1934, was 287 million dollars. Beginning
January 31, 1934, however, this amount was excluded from the gold stock and from money in
circulation. This was done primarily because
private holdings had become illegal; but there
was also reason to believe that much of the computed amount of gold coin in private hands had
in fact been lost or taken out of the country
by travelers. In order to make the earlier
figures comparable, they were revised back to
1913 to exclude the 287 million dollars of gold
coin which was dropped on January 81, 1984.
The resulting figures for the earlier years probably understate somewhat the amount of gold
coin held by the public, but fluctuations in the
total, which alone are important from the stand1
These figures are reported only for certain dates and on t
delayed basis (see the tabulation of "Government Gold Reserve;
Specially Reported" on p, 526).
522
GOLD
point of this table, are not affected by the revision.
The factors accounting for changes in gold
stock, for which data are shown in Table 156, are
domestic production of gold, net gold imports,
and changes in the amount of gold under earmark. For several reasons the combined net
movement of these factors in any given period
may not correspond exactly to the reported
change in gold stock in that period. In the first
place, there are usually various lags in the
statistics as a result, for example, of delays in
refining or assaying newly mined or imported
gold; and net domestic consumption of gold in
the arts and industry may affect the figures from
month to month. There are also less regular influences which, when they occur, are generally of
much greater importance. Of this character have
been the increase in the gold stock in February
1934 attributable to the devaluation of the dollar
(see footnote 2 to Table 156), and—since April
1934—net changes in gold held in the United
States by the active portion of the Stabilization
Fund, 2
The annual figures for domestic gold production are those reported by the Director of the
Mint, adjusted to exclude Philippine Islands production received in the United States. The
monthly figures represent estimates of the American Bureau of Metal Statistics (not available
until 1932), adjusted to exclude Philippine
Islands production received in the United States
and further to make the yearly aggregates equal
the Mint estimates. The annual Mint figures for
domestic gold production, including Philippine
Islands production received in the United States,
are shown in Table 159.
The figures for net gold imports are those
compiled by the Department of Commerce, The
distribution of the annual net imports by countries is shown in Table 158. The figures for gold
under earmark represent gold held by the Federal Reserve Banks for foreign account; in the
calculation of the changes in gold under earmark,
however, consideration has also been given to
gold held under earmark abroad for the account
of the Federal Reserve Banks in the years 19171933.
The series in Table 156 are currently published in the Federal Reserve Bulletin, except
the figures on net gold imports (see section
below on this series). Figures on gold stock are
9
Certain figures for these changes, as shown by the Fund's
quarterly balance sheets on and after December 31, 1938, may be
given as follows, in millions of dollars: 1938—July-December +16.7;
1939—January-March -f-64.9, April-June —39.0, July-September
+ 79.3, October-December
—8.0; 1940—January-March —11.3,
April-June —58.9, July-September +18.9, October-December —57.3;
1941—January-March +40.7, April-June +0.6, July-Septembei
— 64.6, October-December +0.7.
523
also available weekly in a mimeographed release,
"Condition of Federal Reserve Banks."
Gold inflow and contributing factors. The
gold inflow to the United States (see Table 157)
represents the net acquisition of gold by the
United States from foreigners, including acquisitions of gold not covered by the regular gold
stock figures. The gold inflow is calculated by
adjusting net gold imports for changes in the
amount of gold held under earmark in the United
States for foreign central banks and governments
and held under earmark abroad for the account
of the Federal Reserve Banks and Government
agencies. If gold is imported'and placed under
earmark for foreign account, there is at that
time no transfer of ownership and hence by
definition no gold inflow; on the other hand, if
gold under earmark here for foreign account is
sold to the United States Treasury, there is a
gold inflow in the sense of transfer of ownership
without a simultaneous gold import. The gold
inflow to the United States has been positive
during most of the period covered by the table,
but in certain years it has been negative, i.e., a
net gold outflow has occurred.
The factors that contribute directly to the gold
inflow to the United States are the other elements
in this country's international balance of payments. This gold inflow, supplemented by
changes in the dollar balances of foreign monetary authorities, is the counterpart of the net
payments due to the United States as a result
of all its other international transactions. In
other words, gold is sold to the United States
by foreign countries, taken as a group, in order
to finance their net purchases of American goods,
services, and capital assets in this country.
. .
The figures shown in the table for the contributing factors for the period July 1914 through
December 1918 were taken from the Harvard
University balance-of-payment studies.3 The
annual figures from 1919 through 1940 are based
upon revised and hitherto unpublished estimates
of the international balance of payments of the
United States during this period, recently completed by the International Economics and Statistics Unit of the Department of Commerce.
Among the contributing factors only the residual
item seems to call for explanation. The large
positive residual item which has developed in
recent years is believed to consist primarily of
unrecorded capital inflows and a portion of the
funds transferred to this country by immigrating
individuals and businesses. . Available statistical evidence on international capital movements is incomplete. There are no adequate
3
See Harvard Review of Economic Statistics for June 1921, Supplement 1, p. 201.
524
BANKING AND MONETARY STATISTICS
annual data for foreign purchases of real estate,
industrial properties, etc., in this country, or for
changes in debit and credit balances between
corporations abroad and those in the United
States. Ev.en the regularly reported statistics
on the international movement of banking funds,
brokerage balances, and market securities (see
Section 15; pages 596-637) are deficient in some
respects. For example, they do not record the
capital inflow which occurs when foreigners
acquire bank balances or securities in this
country without revealing their foreign identity,
a practice stimulated in recent years by fear in
many foreign countries that dollar assets would
be requisitioned in time of war. An unrecorded
inflow also takes place when foreigners acquire
and hold currency in this country. 4
A further important element in the residual
item is the counterpart of the reported capital
outflow which occurs when foreign individuals
or firms holding deposits or other short-term
assets with domestic banks transfer their domicile to this country. This change of bank accounts from foreign to domestic status—estimated by the Department of Commerce to have
involved 200-300 million dollars in 1939 alone—
reduces the amount of short-term liabilities to
foreigners and thus by definition constitutes a
capital outflow. The counterpart, which is not
separately recorded and therefore is included in
the. residual, is a transfer of funds from foreign
to United States ownership by the immigrating
individual or firm. It differs from a capital inflow because it gives rise to no claims against
this country by foreigners, From the point of
view of the country of origin, the transfer of
funds to the United States by the immigrant is,
of course, exactly matched by the "withdrawal"
from that country's assets in the United States.
Analogous international financial transactions
occur when the immigrant owns securities or
other capital claims on the United States not
regularly reported by the banks, or when he owns
any capital assets in foreign countries. In these
cases, however, the capital outflow arising from
the reduction in this country's foreign liabilities
or from its newly created foreign assets also
escapes the balance of payment records; hence
the counterpart of these types of capital outflow
(viz., the corresponding transfer of funds by the
immigrant to the United States) does not fall in
the residual.
Net gold imports to the United States, by
countries. The figures for gold movements between the United States and foreign countries
*In this and the following paragraph, the term "foreigners" is
used to designate persons domiciled in foreign countries (cf. Section
15, p. 558).
presented in Table 158 have been compiled from
the reports of the United States Department of
Commerce. These reported movements cannot
always be interpreted as a gain or loss of gold by
the United States; gold imports may be placed
under earmark in this country for foreign account while gold exports may represent withdrawals of foreign gold held under earmark here.
Similarly, reported gold movements cannot
always be interpreted as a gain or loss of gold
by the foreign country to which gold is consigned
or from which gold is received. This country
may only be shifting the physical location of its
own gold reserves, or it may be dealing with gold
held under earmark by it for the account of a
third country. Net import figures differ from
those for net gold inflow,* which were described
in preceding paragraphs. These net gold inflow
figures represent the full net gain (or loss) of
gold by the United States in transactions with
foreign countries as a group; but since detailed
information with regard to gold under earmark in the United States and abroad is not
made public, the only gold movement data that
can be given for individual foreign countries is
that on gold imports and exports.
Monthly figures of net gold imports to the
United States beginning with January 1930, and
figures of imports to and exports from the United
States . beginning with January 1920, have
appeared regularly in the Federal Reserve Bulletin. Subsequent to December 1941, however,
this information has not been released for publication.
Gold production, by countries and areas. The
annual figures of gold production by countries
and areas shown in Table 159 have been compiled from the records published in the Annual
Report of the Director erf the Mint. These
Mint reports give separate figures for a number
of countries not shown in the table. Monthly
data on gold production in countries and areas
for which monthly reports have been available,
together with monthly estimates of world production outside the U.S.S.R., have been compiled
by the Board of Governors for the period beginning January 1929. These figures appear in the
June 1938 Federal Reserve Bulletin, pages 53940, and in subsequent issues. The yearly totals
shown in the Bulletin series are aggregates of
the monthly figures; the fact that they vary in
some instances from those shown in Table 159
is attributable to differences in the source of the
figures or to the incomplete nature of the data
available on a monthly basis!
Gold reserves of central banks and governments. Figures of central gold reserves for most
of the countries of the world, constructed on an
GOLD
525
annual basis for the years 1913 to 1927, and on a holdings as a separate item. In other countries
monthly basis from June 1928 through 1941, are gold has been transferred to—or has been indeshown in Table 160.5
pendently accumulated by—special government
Scope of the data. The figures represent agencies, the existence of which is known but
physical gold, in the form of coin or bullion, held which operate in a greater or less degree of
either at home or abroad by central banks and secrecy. These government funds, created in
governments. They do not include gold in cir- most cases for the purpose of stabilizing the exculation or in hoards—that is, gold held by change value of their respective currencies, were
ordinary commercial banks, business concerns, initiated on a large scale with the establishment
and private individuals. The principal reason of the British Exchange Equalization Account
for excluding such gold is that satisfactory figures in 1932, and have reached their greatest developare not available; but it is also considered that ment in this agency, which since September 1939
gold in the hands of central authorities represents has held virtually the whole of the United Kingin general the effective gold reserves of the world dom's gold reserves,
and should be stated separately, even if accurate
Since 1932, when the British Account was
figures for other types of gold holdings could be established and when regular reports ceased on
shown. Where countries have not had institu- the large Russian gold holdings, and especially
tions performing all the recognized central bank- since September 1935, when all Russian reports
ing functions during the entire period covered were discontinued, aggregates of the regularly
by the tables, the gold reserves of government- reported figures have become progressively less
owned banks or of banks having issue privileges representative of the total central gold reserves
in the countries concerned have been shown in of the world. Such situations have generally
the tables in order to make the compilation as been met in the past by carrying reported figures
representative as possible. Hence the institu- forward from month to month, in cases contions listed in the tabular statements on pages sidered appropriate, to fill gaps in the statistics
528-35 are not all central banks in the strict for individual countries. Additional defects
sense.
which have developed in the reported figures
Total figures for the gold reserves of central during 1940 and 1941 have prompted the debanks and governments are not shown in Table cision to omit total figures for recent years from
160 after January 1934. Those that are shown the present tables; for the sake of convenience
are incomplete and not fully comparable. On par- in presenting the tables, this has been done beticular report dates gold reserves may have ginning with February 1934. As a corollary, the
existed for some countries not included in the practice of covering gaps between reports by cartable for that date, or there may have been un- rying forward from month to month the last rereported holdings in countries for which figures ported figure for individual countries was disare included. ,
continued at the same time.
In recent years, the compilation of compreMany government funds have never reported
hensive figures for official gold holdings has be- their gold holdings, but in recent years the three
come increasingly difficult. There has been a leading exchange funds—the British Exchange
tendency toward official secrecy regarding gold Equalization Account, the United States Exreserves which was strengthened by the out- change Stabilization Fund (Special A/c No. 1),
break of war. One important gold-holding and the French Exchange Stabilization Fund—
country, the U.S.S.R., has not disclosed its have rendered certain reports on a delayed basis;
holdings since September 1935, while the last rereported monthly, and the
port for Italy was on December 31, 1940, and for the French fundor semiannual intervals. others
at quarterly
The
Japan on March 22,1941. In addition, during, the
war period a number of smaller central banks in British and French funds discontinued this praccountries occupied by the enemy have gone into tice following the outbreak of war in September
1939, although three special reports on British
liquidation or have ceased reporting.
gold holdings have been published during the war
Further, many central banks have reported
figures which fail to disclose the full extent of period by the United States Treasury in connectheir countries' official gold reserves. In some tion with Congressional hearings on Lend-Lease
cases, notably that of Germany in recent years, legislation. The fragmentary evidence concernthe central bank shows only part of its gold ing the holdings of these funds is presented in
the table on page 526; the table also shows semie
annual figures from December 1931 through DeA similar compilation showing the data through April 1940 was
published in the Federal Reserve Bulletin for September 1940. A
cember 1941 for the gold holdings of the Belgian
series for the gold reserves of Iceland has since been added and
Treasury, which were made available on a decertain revisions have been made in the figures then published.
BANKING AND MONETARY STATISTICS
526
GOVERNMENT GOLD RESERVES SPECIALLY
REPORTED
[End of month figures. In millions of dollars]
Year and month
1934— June
1935— June
1936==June _
1937— March
June
September
1938— March. _ _ _ _ _ _
June
September
October
November
December
1939— January _ „ _ _ . . _
February
March
„
April
May _ _
June
August
September. ._
December
1940— March
June
September
December
1941— March
June
September
December
United
States
Exchange
Stabilization
Fund
a
British
Exchange
Equalization
Account
21
(b)
59
169
44
B
934
1,395
1,489
759
80
154
85
164
156
145
86
105
48
88
89
24
25
1,732
C
876
French
Exchange
Stabilization
Fund
Year and month
1931— Dec ember
1932— June. _ _ _ _ _ _
December. .
1933— June
December
1934—-June
__
December..
1935— J u n e _ . , _ _ _
December.,,,
»103 1936— June.
December ,
130
331 1937— June
December..
381
465 1938---Ju_ie_______
December..,
559
455 1939— June
December.,
477
1940— June
December..
....... 1941— December. .
Belgian
Treasury
54
12
12
19
10
15
31
103
93
103
93
115
81
62
44
17
17
17
17
17
292
<HS1
b
» First report.
Reported as nil.
0
Reported figure for total British gold reserves on August 31, 1939,
less d
reported holdings of Bank of England on that date.
Figure for September 1.
layed basis. None of this information has been
incorporated in Table 160.
Further light has been cast from time to time
upon the operations of certain exchange funds
by announcements of gold transfers between
them and their respective central banks; such
transfers usually are reflected in abrupt changes
in the reported figures for the countries concerned. In order to facilitate interpretation of
the reported figures, there are noted below in
chronological order some of the more important
recorded transfers, together with certain other
reported changes in the ownership or custody of
the gold reserves of particular countries which
have similarly affected the comparability of the
series for those countries.
August 1914—German Reichsbank acquired after
the outbreak of war certain special gold reserves
not previously included in reported German
holdings, amounting to $48,800,000 (at $20.67 a
fine ounce).
February 1934—Reported United States gold holdings increased by transfer to Treasury of $141,100,000 in gold held by Reconstruction Finance
Corporation, and by inclusion for first time in
Treasury report of approximately $52,200,000 in
gold coin purchased before February 1934 under
section 734, title 31, U. S. Code (dollar values at
$35 a fine ounce).
April 1934—Gold reported by United States Treasury
as held for account of Exchange Stabilization
Fund reduced by $200,000,000, reflecting transfer
to Fund's Special A/e No. 1; for reported gold
holdings on this account beginning June 1934,
see table above.
March 1935—Bank of Canada, upon commencing operations, acquired from Canadian Chartered
Banks $31,900,000 in gold not previously included in central gold reserves.
April 1935—$130,700,000 in gold transferred by National Bank of Belgium to Belgian Government
representing revaluation increment.
July 193&—$97,900,000 in gold transferred, by Bank
of Japan*to secret Japanese exchange fund.
January 1939—$1,648,000,000 in gold transferred to
British Exchange Equalization Account by
Bank of England.
March 1939—$26,300,000 in gold transferred to Bank
of England by Exchange Equalization Account.
April 1939—8139,300,000 in gold transferred by
French Exchange Stabilization Fund to Bank
of France,
July 1939—$94,300,000 in gold transferred to Bank
of England by Exchange Equalization Account,
August 193^—8139.300,000 in gold transferred to
Bank of France by Exchange Stabilization Fund.
September 1939—$1,162,400,000 in gold transferred
to Exchange Equalization Account by Bank of
England.
March 1940—$709,200,000 in gold transferred to
Exchange Stabilization Fund by Bank of France.
May 1940—8207,000,000 in gold transferred to
Canadian Foreign Exchange Control Board by
Bank of Canada,
There is reason to believe that other important
transfers of a similar nature have occurred, not
only in the course of the operations of the exchange funds mentioned above, but also in connection with the formation and activities of exchange funds in other countries, notably the
Netherlands and Switzerland.
Effect of currency revaluation. When the
gold content of the United States dollar
was reduced early in 1934, the par rate of
conversion into dollars of all foreign currencies
was automatically increased by 69.31 per cent.
The new parity did not become effective until
after close of business on January 31, 1934, but
for purposes of comparison the January 1934
figures of central gold reserves are given in terms
of both the old and the new parity in Table 160.
In addition to the general change effected by
revaluation of the dollar, conversion rates have
been altered by the revaluation of official gold
reserves in a large number of countries in terms
of their local currency. Such revaluations do
not affect the dollar value of the gold reserves
concerned, as the change in terms of the local
currency is exactly offset by the altered dollar
value of the local currency for gold valuation
purposes (see list of conversion rates on pages
528-35). It should be noted that these official
conversion rates applicable to gold reserves may
differ widely from the rates at which the cur-
527
GOLD
rencies concerned are bought and sold on the
exchange market.
Dates to which figures apply. In the case of
most of the countries included in Table 160, the
year end figures are as of December 31 during
the entire period. There appears below a tabulation of exceptions to this rule, most of which
are due to the practice of some-central banking
institutions of consistently reporting on the same
day of the week, with the result that the calendar
date of their year end report differs from one
year to the next, and falls on December 31 only
by chance.
Similarly, the other month end figures relate
to the last day of the month for most countries.
In the remaining countries, the figures relate to
the last report date in the month, or, in one case,
to the first day of the following month; the
countries concerned and the days for which their
reports have been issued may be summarized as
follows:
Monday—Australia, Latvia (beginning March 1931),
New Zealand, Netherlands6
Tuesday—Chile (beginning July 1940)
Wednesday — Latvia (through February 1931),
Portugal, United Kingdom
Thursday—Belgium,7 France (beginning May 1937),
Turkey (through May 1935)
Friday—Chile (through June 1940), France (through
April 1937), India (beginning April 1935), South
Africa
Saturday—Brazil,8 Japan (beginning June 1939),
Java, Rumania, Spain, Turkey (beginning
June 1935)
About the twentieth of each month 8 —Iran (beginning October 1935)
First day of the succeeding month—U.S.S.R.
8
Report sometimes made as of Tuesday or Wednesday.
7
Report sometimes made as of Wednesday.
8
Caixa de Estabilisacao only.
9
Final day cf the Mohammedan calendar month.
YEAR END REPORT DATES OTHER THAN DECEMBER 31*
D.—December.
Year
1913
1914
1915. .
1916
1917
1918
1919,..
1920
1921
1922 .
12.,
93..
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
____„
1934 .
1935
1936
1937
1938..,
1939 „
1940
1941
Australia
Belgium
Irand
British
Brazil^ India France Greece0 (Persia) Japan
D 26
D.24
D.30
D 28
D 27
D 26
D.26
D.30
D 30
D.29
D.28
D.26
D 29
D.29
D 27
D 26
D 29
D 28
D 26
D.25
D 30
D 28
D 27
D 25
D.30
D 29
D.28
D.27
D.26
D 30
D 29
D.29
D.28
D 25
D 30
J.—January.
D 29
D 28
D 27
D 25
D.30
D 29
D 27
D 26
J
J
J.
J
J
J
J.
J.
J
J.
13
13
13
13
13
13
13
13
13
13
D 30
D 30
D 28
D 27
D 26
D.30
D 30
D.29 — — D 28
D.27
D 30
D 30
D.29
D.28
D.26
Java
J. 2
J. 1
D.30
D.29
D.28
D.27
D.25
D 22
D 21
D 21
D.21
D.20
D 17
D 21
O.—October.
Latvia
Nether- New South
lands Zealand Africa
D 27
D.24
D.30
D 29
D.28
D.27
D.27
D.27
D.27
D.30 D.28
D.29
D.27 J.
D.29
D.26 J
D.28
D 27
D 25 J
J.
D.27
D.29 J
D 28 J
D 30
D.29
D.27 J
D.26 D.28 D.28
D 26 D.27
.... D.30 D.25 D.27
...
D.29
D 28 D 30 D 30
D.26 D 28 D 28
D 25 D 27 D 27
D.26 D.27
D.30 D.30 D.25 D.27
D.30
D.28 D.28
D 29
D 27
()
•
()
•
(e
•
)
()
()
•
()
•
f->
()
•
<•)
(e)
()
•
()
•
b §6
D 30
D 29
D.28
D 26
D.25
D.29
D 27
D 26
D 25
D.28
D.27
D 29
D 28
D.27
D.26
D.30
D.29
D.27
D 26
(e
•
)
()
(•)
United U.S.S.R.
Spain Turkey Kingdom (Ruaeia)
D 30
D 28
D 27
D 24
D 30
D 29
D 28
D 26
D 25
D 20
D 28
D 27
D.26
D 30
D.29 D.30
D 28 D.29
D 30 D 27 D 28
D 28
D 27
D.26 D.30
D.25 D 29
D 30 D 27
D 29 D 24
D 29
D.28
D.27
D 28
D 26
D 30
D 28
D 27
D.30
D 28
D.27
D 26
D 25
D 30
D 29
D 28
D 27
D 25
J 1
J 1
J, 1
J 1
O 16
J.
J.
J.
J
J
J
J
J
j'
J.
1
1
1
1
1
1
1
1
1
1
J. 1
J. 1
• January dates relate to following year,
b Caixa de Estabi lisas ao only.
B
Figures for Greece through 1922 reported as of December 31f Julian calendar.
d
Figures for Iran beginning 1935 reported as of last day of Mohammedan calendar months.
* Annual average, 1913; fourth quarter average, 1914-1927.
Scope and sources of data for individual countries. The sources and nature of the data from
which the figures in Table 160 have been derived
are summarized in a tabular statement which
follows. This statement brings up to date the
information presented in the September 1940
Bulletin. Under war conditions, some difficulty
has been experienced in obtaining direct reports
on gold reserves, especially from certain European countries. In a few cases where the source
of the figures is given as "current balance sheet,"
the information has actually been drawn from
reliable indirect reports on balance sheets, such
as those published by the League of Nations, the
Bank for International Settlements, and the
Swiss National Bank.
BANKING AND MONETARY STATISTICS
528
DESCRIPTION OF DATA RELATING TO GOLD RESERVES OF CENTRAL BANKS
AND GOVERNMENTS, 1913-1941
Institution
Rate of conversion
into U. 8. dollars
Source
Items
1913-1941, United States Treasury, Circulation Statement
of U. S. money (Statement
figuresfor 1914-1926 revised).
1913, Gold coin and bullion of
United States Treasury;
1914-Jan. 1934, Gold coin
and bullion— total held in
Treasury and by Federal
Reserve Banks and agents;
Feb. 1934-1941, Gold coin
and bullion held by United
States Treasury, including
gold held for account of
Stabilization Fund.
Albania^.-. Banca Nazionale d' Albania- .. 1925, League of Nations,
Monthly Bulletin of Statistics; 1926, annual report;
1927-Mar. 1940, current balance sheet.
1925, Gold; 1926, Oro in cassa,
Oro presso eorrispondenfci,
Oro in verghe; 1927-Mar.
1932, Oro in cassa, Oro presso
corrispondenti; April 1932Mar. 1940, Oro.
1925-Jan. 1934, 1 fraac$0.1930; Feb. 1934- Man 1940,
1 frane~ $0.3267.
1913-1929, Letter from Banque
de L'Alge"rie; 1930-May 1940,
current balance sheet.
1913-1929, Or detenu par la
Banque; 1930-May 1940, OTI ingot a et monnaies.
1913-May 1928, 1 franc$0.1930; June 1928-Jan. 1934,
1 frane=$0.0392; Feb. 1934May 1940, 1 frane«$0,G693.
Argentina „ _ . 1913-Apr. 1935, Caja de Conversion.
1913-1929, Memoria de la Caja
de conversi6n; 1930- Apr.
1935, Banco de la Naci6n
Argentina, Revista Economica.
1913-1929, Garantla de la
emisi6n fiduciara; 1930- Apr.
1935, Garantfa met&lica.
Also, 1913-Apr. 1935, Banco
de la Naci6n Argentina.
1913-1927, annual report; June
1928-Apr. 1935, current balance sheet.
1913-Apr. 1935, Caja oro.
1913-Jan. 1934, 1 peso=$0.9648;
Feb. 1934-Apr. 1935, 1 peso
=$1.6335; May 1935-1 till, 1
peso = $0.3293 (letter gives
figures in fine ounces, converted at rate of 1 ounce3*
$35).
May 1935-1941, Banco Central
de la Republica Argentina.
May 1 935-1 941 , current balance From balance sheet: May
sheet, and May 1935-Mar.
1935-May 1938, Gold at
1940, letter from Banco
home, Gold at home—extension of exchange fund; June
Central de la Republica
Argentina.
1938-1941, Gold at home.
From letter, gold included in:
May 1935-May 1938, "Gold
abroad and foreign exchange"; June 1938-Mar.
1940, "Gold at home—extension of exchange fund",
"Gold abroad and foreign
exchange."
Country
United States 1913, United States Treasury;
1914-Jan. 1934, United States
Treasury and Federal Reserve Banks; Feb. 1934-1941,
United States Treasury.
Algeria
Banque de L'Alg4rie,.--.
Australia---- 1913-1919, Commonwealth
Treasury: State Note-issuing
Department.
1920-Apr. 1940, Commonwealth Bank of Australia.
1913-1919, letter from Commonwealth Bank.
1913-1919, Gold.
Issue dept.: 1920-1927, annual 1920-June 1932, Issue dept.—
report; June-Nov. 1928,
Gold coin and bullion, and
Australasian Insurance and
Banking dept. —Gold inBanking Record; Dec, 1928,
cluded in "Coin, bullion,
annual report ; 1 929-1931 ,
and cash balances"; July
current balance sheet.
1932-Apr. 1940, Issue and
Banking dept.: 1920-1931, letBanking depts.— Gold.
ter from Commonwealth
Bank.
Issue and Banking depts . :
1932-Apr. 1940, letter from
Commonwealth Bank.
1913-June 1932, 1 Australian
pound = $4 .8665; July 1932Jan. 1934, figures reported in
dollars; Feb. 1934-Apr. 1940,
figures reported in fme
ounces converted at rate of
1 ounce=$35.
AuBtria..'-.- OesterreichischeNationalbank
1923-1927, annual report; June
1928- Mar. 1938, current balance sheet.
1923- Mar. 1938, Goldgemunzt
und ungemiinzt.
1923-1924, 1 gold krone$0.2026; 1925-Jan. 1934, 1
sehilling=$0.1407; Feb., Mar.
1934, 1 schilling^$0.23iJ2;
Apr. 1934-Nov. 1935, 1
aehilling=$0.1875; Dec, 19S5Nov. 1936, 1 schilling! $0.1887; Dee. 1936-Mar. 19S8,
1 schilling=$0.1883.
AuatriaHungary
Oesterreichische-Ungarische
Bank.
1913-1921, annual report; 1922,
current balance sheet.
1913-1922, Gold gemiinzt und
ungemunzt.
1913-1922, 1 gold krone =$0.2020.
Belgian
Congo
Banque du Congo Beige.. _ _ _ _ _ 1927-Apr. 1932, letter from
Banque du Congo Beige;
May 1932-Jan. 1940, current
balance sheet.
1927-Jan. 1940, Lingots et
monnaies d'or.
1927-Jan, 1934, 1 Belgian franc =*
$0.0278; Feb. 1934-Mar. 1935,
1 Belgianfrane=$0.0471; Apr.
1935-Jan. 1940, 1 Belgian
franc =$0.0339.
Belgium. _--
Banque Nationale de Belgique
1913, annual report; 1914-1918,
letter from Banque Nationale
de Belgique; 1919-1927, annual report; June 1928-Dec.
1939, current balance sheet;
June and Dee. 1940, special
semi-annual report and annual report; Jan.-Dec. 1941,
current balance sheet.
1913, Encaisse: or; 1914-1918,
Gold; 1919~Dec. 1939, June
and Dee. 1940, Jan.-Dec.
1941, Encaisse:or.
1913-1925, Ifran6 = f0.1930; 192ftJan. 1934, 1 belga^SO.1390;
Feb. 1934-Mar. 1935, 1 belga
=$0.2354; Apr. 1935-Mar.
1936, 1 belga~$0.1766; Apr.
1936-Dec. 1939, June arid
Dec. 1940, Jan-Dec. 1941, I
belga-*0.1695.
GOLD
529
DESCRIPTION OF DATA RELATING TO GOLD RESERVES OF CENTRAL BANKS
AND GOVERNMENTS, 1913-1941—Continued
Hate of conversion
into U. S. dollars
Institution
Source
Items
1913-June 1929, Banco de la
Nacidn Boliviriha.
1913-1927, June and Dec, 1928,
June 1929, semi-annual report.
1913-June 1929, Encaje en oro.
July 1929-1941, Banco Central
de Bolivia.
July 1929-1930, annual report;
1931-1941, letter from Banco
Central de Bolivia.
1913-1922, Caixa de Amortizagao.
1913-1922, League of Nations,
Memorandum on Currency
(1913-1923).
1923-1941 Banco do Brasil
1923-1927, annual report; June
1928-Nov. 1930, current balance sheet; 1931-1933, letter
from Banco do Brasil; 19341941, current balance sheet.
Also, 1927-1930, Caixa de Estabilisac&o.
1927-Sept. 1930, Wileman's 1927-1930, Gold
Brazilian Review; Oct.-Dec.
1930, letter from Banco do
Brasil.
Country
Bolivia
Brazil
1913-June 1928, 1 boliviano =
$0.3893; July 1928-Sept. 1931,
1 boliviano=$0.3650; Oct.
1931-Nov, 1932, 1 boliviano $0.3125; Dec. 1932-Jan. 1934,
July 1929-Sept, 1931, Gold
1 bolivi»no«=$0.1923; Feb.coins, Gold bars; Oct. 1931July 1934, 1 boliviano-$0.2500
June 1940, Gold coins, Gold
(gold abroad reported in
bars, and Gold abroad; July
1940-1941, Gold coins and
pounds sterling, converted
at rate of 1 pound =$8.2307);
gold bars at home.
Aug. 1934-June, 1940, gold at
home reported in fine ounces
converted at $35 an ounce,
and gold abroad reported in
pounds, dollars, and fine
ounces, converted at $8,2397,
$1,6931, and $35 respectively;
July 1940-1941, gold at home
reported in pounds, dollars,
and fine ounces, converted as
above.
1913-1922, Government guar- 1913-1926, 1 milreis= $0.5464;
antee fund.
1927-Nov. 1930, 1 milreis«=
$0,1196 (Oct.-Dec. 1930,
figures in letter given in
1923-1926, Ouro em deposito
pounds sterling, converted at
na Caixa de Amortizacao,
rate of 1 pound=$4.8665);
1931-1941, original figures in
Ouro em deposito em nossos
fine grams converted 1931cofres; 1927-Nov. 1930, Ouro
Jan. 1934 at rate of 1 gram=
em deposito na Caixa de
$0.6646, and Feb. 1934-1941
Amortizac.ao;1931-1933,Gold
at rate of 1 gram =$1.1 253.
owned by the Bank; Jan.Aug. 1934, Gold acquired by
Bank of Brazil by order and
for account of Federal Government; Sept. 1934-June
1935, Tesouro Nacional—
Conta compra de ouro; July
1935-1941, Ouro depositado
pelo Tesouro Nacional.
British India 1913-Mar. 1935, Government:
Gold standard reserve.
1913-1931, London Economist;
1932-Mar. 1935, current balance sheet.
1913-Mar. 1935, Gold:
India, In England,
Also, 1913-Mar. 1935, Government: Paper currency reserve.
1913, League of Nations,
Memorandum on Currency
(1913-1923); 1914-1923, Montagu & Co., Weekly Bullion
Letter; 1924-Mar, 1935, Indian Department of Commercial Intelligence and
Statistics, Indian Trade
Journal.
1913, Total currency reserve
(less gold in gold standard
reserve); 1914-Mar. 1935,
Gold in India and outside
India —from Indian Currency Returns.
Apr. 1935-1941, Reserve Bank
of India.
Apr. 1935-1941, current balance sheet.
Bulgaria
National Bank of Bulgaria
1913-1918, League of Nations,
Memorandum on Currency
and Central Banks (19131924); 1919-1927, annual report; June 1928-1941, current
balance sheet.
191S-1918, Gold; 1919-1923,
Especes: or; 1924-1927, Encaisse me'tallique: or; JuneNov.l928,Or;Dec.l928-1934,
Ormonnaye" etnonmonnaye;
1935-Sept. 1940, Proportion
de Tor et du montant net
des devises-or par rapport
aux exigibilites a vue: or;
Oct. 1940-1941, Or monnaye"
et non monnaye*.
Canada
_ 1913-1941, Ministry of Finance
1913-1919, Dominion Bureau
of Statistics, Canada Yearbook; 1920-Feb. 1935, Minister of Finance, Circulation
and Specie Statement; Mar.
1935-1941, letter from Minister of Finance.
1913-1941, Gold
Also, 1913-Feb, 1935, Chartered
Banks.
1913, 1914, current balance
sheet; 1915-1920, Dominion
Bureau of Statistics, Canada
Yearbook; 1921-Feb. 1935,
current balance sheet.
1913-Feb. 1935, Gold included
in "Deposits in the central
gold reserves".
Also, Mar. 1935-Apr. 1940,
Bank of Canada.
Mar.-June 1935, current balance sheet; July 1935-Apr.
1940, letter from Bank of
Canada.
Mar. 1935-Apr. 1940, Gold
1913-1919, 1 rupee = $0.3244;
1920-1926, 1 rupee =$0.4866;
1927-Jan. 1934, 1 rupee=
$0.3650; Feb. 1934-1941, 1
rupee=$0.6180.
Apr. 1935-1941, Gold coin and
bullion: In India, Outside
India.
In
1913-1926, 1 lev = $0.1930; 1927
-Jan. 1934, 1 lev~$0,0072;
Feb. 1934-1941, 1 lev=$0.0122.
. . 1913-Jan. 1934, 1 Canadian
dollar = $1.0000; Feb. 19341941, 1 Canadian dollar =
$1.6931 (Mar. 1935-Apr. 1940,
figures in letter from Bank of
Canada given in fine ounces,
converted at $35 an ounce).
BANKING AND MONETARY STATISTICS
530
DESCRIPTION OF DATA RELATING TO GOLD RESERVES OF CENTRAL BANKS
AND GOVERNMENTS, 1913-1941—Continued
Institution
Source
Items
Rate of convereioti
into U. S. dollars
1913-1925, Caja de Conversi6n.
1913-1925, Anuario Estadlstico
de la Republica de Chile,
Vol. VI, Hacienda (1925).
1913-1925, Fondos de conversi6n—oro en areas fiseales.
1913-Jan. 1934, 1 peso==$0.1217;
Feb. 1934-1941, 1 peso$0.2060.
1926-1941, Banco Central de
Chile,
1926-1927, annual report; June 1926-1927, Oro en el pafe;
June 1928-1930, Oro, Oro de1928-1930, current balance
positado a la vista en el
sheet; 1931-1933, current balexterior, Oro depositado a
ance sheet, and letter from
plazo en el exterior; 1931Banco Central de Chile;
1933, Oro en el pate— from
1934-Apr. 1940, Boletfn Mencurrent balance sheet, and
sual Estadtstica Bancaria,
earmarked gold— from letter;
Superintendent de Bancos;
1934-1941, Oro especlfico en
May 1940-1941, current balel pals, Oro en cuatodia en
ance sheet.
el exterior; Plus 1937-1941,
Oro a la vista en el exterior.
China
Central Bank of China
May 1930-Oct. 1934, letter
from Central Bank of China;
Nov. 1934-July 1937, special
balance sheet; Aug. 1937Mar. 1939, letter from Central Bank of China.
May 1930-July 1937, Gold coin
and bullion at home and
abroad in Issue and Banking
departments; Aug. 1937Mar. 1939, Gold.
Original figures in fine ounces*
May 1930-Jan. 1934, converted at $20.67 an ounce;
Feb. 1934-Mar. 183£. converted at $35 an ounce.
Colombia
Banco de la Republiea _ _ _ _ _ _ _ _ 1923-1927, Revista del Banco
de la Republica (March
1932), and letter from Banco
de la Republica; 1928-1931,
Revista only; 1932-1941, current balance sheet.
1923-1927, Oro en caja— from
Revista, and Oro en custodia—from letter; 19281931, Oro en caja; 1932-Mar.
1935, Gold coin, Gold bull i o n , Gold e a r m a r k e d
abroad; Apr. 1935-1941, Gold
in the Bank vaults and
abroad.
1923-Jan. 1934, 1 peeo-10.9733,
except that for earmarked
gold in 1932-Jan. 1934, 1 peso
= $0.9524; Feb. 1934-Mar.
1935, 1 peso « $1.6480; Apr.
1935-Oct. 1938, original figures in fine ounces, converted at rate of 1 ounce -$35;
' Nov. 1938-1941, 1 peso$0.5714,
C zech oSlovakia
(Beginning
M a r . 15,
1939, Protectorate
of Bohemia and
Moravia)
1919-1925, Office Bancaire du
, Ministere dea Finances.
1919-1925, letter from National
Bank of Czechoslovakia.
1919-1925, Gold
1926-Mar. 1939, National Bank
of Czechoslovakia.
1926-1930, letter from National 1926-1930, Gold; 1931-Mar.
1939, Gold cover.
Bank ~ of Czechoslovakia;
1931-Mar. 1939, current balance sheet.
Apr. 1939-1941, National Bank
of Bohemia and Moravia.
Apr. 1939-1941, current balance sheet.
Apr. 1939-1941, Gold cover _ _ „ _
1919-1930, original figures in
fine grams, converted at rate
of 1 gram=$0.6646; 1931Jan. 1934, 1 koruna-$G.0296;
Feb. 1934-Sept. 1936, 1 koruna-$0.0418; Oct. 1936- Sept.
1940, 1 koruna- $0.0351; Oct.
1940-1941, 1 koruna-$0.0403.
Danzig
Bank of Danzig
1924-1927, annual report; June
1928- Aug. 1939, current balance sheet.
1924-1927, Goldbeatand: Munzen; June 1928-Sept. 1931,
Metallbestand; Oct. 1931July 1935, Gold in Barren
und Goldmttnzen; Aug. 1935
-Aug. 1939, Gold in Barren
und MUnzen.
1924-Jan. 1934, 1 Daniig gulden=*0.1947; Feb. 1934-Apr.
1935, 1 Danzig gulclen$0.3296; May 1935-Aug, 1939,
1 Danzig gulden = $0.1890.
Denmark
1913-May 1936, Nationalbanken I Kjcebenhaven.
1913-1918, annual report; 1919May 1936, current balance
sheet.
1913-1941, Encaisse: or en
monnaies et lingots.
1913-Jan. 1934, 1 krone$0.2680; Feb. 1934-1941,, 1
krone=$0.4537.
June 1936-1941,
Nationalbank.
June 1936-1941, current balance sheet.
Country
Chile
Danmarks
Ecuador...... Banco Central del Ecuador
1927-1941, Banco Central del
Ecuador, Boletfn Mensual.
Also, Feb. 1932-Jan, 1934,
special report on gold abroad.
1927-Nov. 1933, Oro en boveda; Dec. 1933-1934, Oro en
boveda, Oro en transito;
1935-Nov. 1936, Oro en boveda, Oro movilizable; Dec.
1936-Nov. 1937, Oro en boveda, Oro movilizable y
comprado, Oro en garantfa;
Dec. 1937-1941, Oroaeuftado
y en barras, Oro en transito
Oro comprado (since Dec.
1936, all items not always
present). Also, Feb. 1932Jan. 1934, Gold abroad—
from special report.
1927-Jan. 1934, 1 suere=$0.3000;
Feb. 1934-Nov. 1935, 1 sucre
-$0.3386; Dec. 1935- May
1936, 1 sucre = $0.1129; June
1936- May 1940, 1 sucre$0.0966; June 1940-1941, &1
sucre =$0.0677.
Egypt
1913-1927, letter from National 1913-July 1940, Gold in Issue
Bank; 1928-1941 , current
and Banking departments;
Aug. 1940-1941, Goldin Issue
balance sheet except for Dec.
figures— latter, derived 1928- department.
1935 from letter from National Bank, and 1936-1941
from London Economist.
1913-Jan. 1934, 1 Egyptian
pound = $4.9431; Feb. 19841941, 1 Egyptian pound—
$8.3692.
National Bank of Egypt. _
El Salvador. 1920-June 1934. three banks
of issue.
July 1934-1941, Banco Central
de Reaerva de El Salvador.
1920-June 1934, letter from
Banco Central de Reserva
de El Salvador.
1920-June 1934, Gold coin
July 1934-1941, current balance July 1934-1941, Gold „„_
sheet.
1920-1941, 1 colon-$0.5000.
531
GOLD
DESCRIPTION OF DATA RELATING TO GOLD RESERVES OF CENTRAL BANKS
AND GOVERNMENTS, 1913-1941—Continued
Source
Institution
Country
Items
Rate of conversion
into U. S. dollars
1921-1922, 1 Estonian mark*=
$0.00238; 1924-1927, 1 Estonian mark = $0.00268; 1928Jan. 1934, 1 kroon = $0.2680;
Feb. 1934-Feb. 1939, 1 kroon
= $0.4537; Mar. 1939-May
1940, 1 kroon=$0.3153.
Estonia
Bank of Estonia
1921-1927, annual report; June 1921-1922, Deposits in foreign
banks (gold); 1924, Gold
1928-May 1940, current balabroad; 1925-1927, Gold;
ance sheet.
June 1928-May 1940, Gold
coin and bullion.
Finland
Bank of Finland
1913, Annuaire Statistique de 1913, Or monnaye" ou brut 1913-Nov. 1925, 1 markka-*
$0.1930; Dec. 1925-Jan. 1934.
et monnaie d'or russe ou
Finlande; 1914-1927, annual
lmarkka=$0.0252; Feb. 1934e*trangere; 1914-Oct. 1939,
report; June 1928-Oct. 1939,
Nov. 1938, 1 markka =$0.0426
Encaisse me'talliqueior (also,
current balance sheet (also,
(1937-Mar, 1938, original fig1937-Mar. 1938, Lingots d'or
1937-Mar. 1938, letter from
ures for gold abroad in fine
de*pose*s a 1 Stranger— from
Bank of Finland regarding
ounces, converted at rate of 1
letter); Nov. 1939-Nov. 1940,
gold abroad); Nov. 1939ounce = S35); Dec. 1938-1941,
Nov. 1940, letter from Bank
Gold reserves; Dec. 19401 markka^$0.0234.
1941, Kultakassa.
of Finland; Dec. 1940-1941,
current balance sheet.
France
Banque de France.,..,.,
1913, 1914, annual report; 19151926, current balance sheet;
1927, current balance sheet,
and official letter; June 1928
to June 1940, current balance sheet; Aug.-Dec. 1940,
annual report; July-Dec.
1941, current balance sheet.
1913-1914, Encaisse: or; 19151926, Or en caisse; 1927, Or
en caisse, and (from letter)
Gold abroad; June 1928June 1940, Aug.-Dec. 1940,
July-Dec. 1941, Encaisse: or
(monnaies et lingots).
1913-May 1928, 1 franc^=$0.1930;
June 1928-Jan. 1934, 1 frano =
$0.0392; Feb. 1934-Sept. 1936,
1 franc = $0.0663; Oct. 1936June 1937, 1 franc=$0.0498;
July 1937-Oct. 1938, 1 franc $0.0435; Nov. 1938-Feb. 1940,
1 franc =$0.02785; Mar. 1940June 1940, Aug.-Dec. 1940,
July-Dec. 1941, 1 franc =
$0.02364.
Germany
Reichsbank.,
. . _ _ „ , . _ . 1913-1921, Die Reichsbank
(1901-1925); 1922-May 1939,
Dec. 1941, current balance
sheet.
1913-1923, Gold; 1924- May
1939, Dec. 1941, Goldbestand.
1913-1923, 1 mark=»$0,2382;
1924-Jan. 1934, 1 Reichsmark
= $0.2382; Feb. 1934-May
1939, Dec. 1941, 1 Reichsmark
-$0.4033.
Greece
1913-1927, National Bank of
Greece.
1913, League of Nations,
Memorandum on Central
Banks (1913, 1918-1923);
1914-1927, annual report.
1913, Gold; 1914-1927, Especes
d'or.
1913-Apr. 1928, 1 drachma=
$0.1930; May 1928-Jan. 1934,
1 drachma=$0.0130; Feb.
1934-Aug. 1936, original figures in Swiss francs, converted at rate of 1 Swiss
franc = $0.3267; Sept, 1936Mar. 1941, original figures in
fine ounces, converted at
rate of 1 ounce=$35.
1928- Mar. 1941, Bank of Greece. June 1928-Mar. 1932, current 1928-Mar. 1932, Or monnaye"
et en lingots; Apr. 1932balance sheet; Apr. 1932Mar. 1933, Gold coin, Gold
Mar. 1933, letter from Bank
bullion; Apr. 1933-Aug.
of Greece; Apr. 1933-Aug.
1936, Or monnaye" et en
1936, current balance sheet;
lingots; Sept. 1936-Mar.
Sept. 1936-Mar. 1941, special
1941, gold included in "Or et
report from Bank of Greece.
devises e'trange'res" in current balance sheet.
1926-Jan. 1934, 1 quetzal^
$1.0000; Feb. 1934-1941, for
gold at home, 1 quetzal *=
$1.6931, and for gold in New
York, 1 quetzal-ll.OOOO...
monthly figures from current balance sheet adjusted
for inclusion of silver; May
1931-1936, current balance
sheet; 1937-1941, Revista de
la Economla Nacional.
1926, Caja oro; 1927-1933, Oro
nacional acunado, D611ares
acunados, or variants of
these two headings (July
1928-July 1930, adjusted
figures derived from item
"Caja oro"); 1934-1941, Oro
comprado, Oro nacional acunado, Oro americano acunado, Oro en barras— Federal Reserve Bank, N. Y.
(all items not always present
and 1937-June 1941 items
only: Oro acunado, Oro en
barras en New York).
Hungary
National Bank of Hungary.. 1924, annual report; 1925-1941,
current balance sheet.
1924-1941, Gold coin and bullion.
1924, 1 korona=$0.2026; 1925Jan. 1934, 1 peng6=*$0.1749;
Feb. 1934-Dec. 1938, 1 pengd
= $0.2961; Jan. 1939- Aug.
1941, 1 pengo=$0.1974; Sept.
-Dec, 1941, 1 pengd-$0,2447.'
Iceland
1913-1924, Bank of Iceland;
1925-Nov. 1939, Bank of
Iceland (1930-Nov. 1939 entitled Fishing Trade Bank
of Iceland) and National
Bank of Iceland; Dec. 19391941, National Bank of
Iceland.
1913-Nov. 1940, letter from
National Bank of Iceland;
Dec. 1940-1941, current balance sheet.
1913-Nov. 1940, Monetary gold
reserve; Dec. 1940-1941, Gold
reserves.
1913-Nov, 1940, figures in old
gold dollars, converted into
new dollars beginning Feb.
1934 at $1.6931; Deo. 19401941, 1 kroner =$0.1766.
Iran
(Penia)
Banque Melli^ Iran
Mar. 1930-Sept. 1935, Bulletin
de la Banque Mellie' Iran
(Oct. 1935); Oct. 1935-1941,
monthly Bulletin de la
Banque Mellie' Iran.
Mar. 1930-Sept.' 1-935, Stocks
d'or du Gouvernement
Iranien ainsi que de la
Banque Mellig Iran; Oct.
1935-1941. Encaisse me'tallique: or.
Mar. 1930-Sept. 1935, original
figures in fine grama, converted Mar. 1930-Jan. 1934
at rate of 1 gram«$0.6646,
and Feb. 1934-Sept. 1935 at
1 gram=$1.1253; Oct. 19351941, 1 rial -$0.0824.
Guatemala., Banco Central de Guatemala. 1926, current balance sheet as
published in El Guatemalteco; 1927-Apr. 1931, June
and December figures from
semi-annual report, other
BANKING AND MONETARY STATISTICS
532
DESCRIPTION OF DATA RELATING TO GOLD RESERVES OF CENTRAL BANKS
AND GOVERNMENTS, 1913-1941-Continued
Rate of conversion
into U. S. dollar*
Items
Institution
Source
1913 1927 Italian Government
1913-1927 letter from Banca
d'ltalia.
1913-1927, Gold
1913—1925 Annuario Statistico
Italiano.
1913-1925, Oro
Country
A tort
ion 1Q91!
"Rttnrn
Hi
Napoli, and Banco di Sicllia.
._
1913-1926, 1 lira -$0.1830; 1927Jan. 1934, 1 lira «= $0.0626;
Feb. 1934-^ept. 1936, 1 lira$0.0891; Oct 1936-Mar 1940
Dec. 1940, 1 h'ra = $0.0526.
Also, 1913-1940, Banca d'ltalia. 1913-1926, Annuario Statiatico 1913-1926, Oro; 1927-Mar. 1940,
Dec. 1940, Oro in cassa.
Italiano; 1927, annual report;
June 1928-Oct. 1935, current
balance sheet; Dec. 1935,
Dec. 1936, annual report;
Feb., Mar. 1937, letter from
Bank of Italy; Dec. 1937,
Mar. 1938, Dec. 1938, Mar.
1939, Dec. 1939. Mar. 1940,
annual report, Dec. 1940,
current balance sheet.
1913-Feb. 1941, 'Bank of Japan 1913, letter from N. Y. agent
(including, 1913-1929, Gov- of Bank of Japan; 1914-1928,
Bank of Japan, Economic
ernment account).
Statistics of Japan; 1929May 1939, letter from N. Y.
agent of Bank of Japan;
June 1939-Feb. 1941, current
balance sheet.
Japan
Java
Javaache Bank
-
1913-1941,
sheet.
current
balance
1921, League of Nations
Memorandum on Currency
and Central Banks (19131924).
Latvia
1913-May 1939, Gold stock at
home; June 1939-Feb. 1941,
Gold coin and bullion.
1913-Jan. 1934, 1 yen=$0.4985;
Feb. 1934-July 1937, I yen$0.8440; Aug. 1937-Feb. 1941;
1 yen=$0.3263.
1913-1917, 1924-1941, Legal
tender gold coin, Foreign
gold coin, Foreign gold
bullion; 1918-1923, Goud:
muntgoud, munt materiaal.
1913-Jan. 1934, 1 guilder$0.4020; Feb. 1934-Aufl. 1940,
1 guilder =$0.6806; Sept;. 19401941,lguilder=$0.5305l>
1921, Gold at home
1921-Jan. 1934, 1 lat=$0,1930;
Feb. 1934-Sept. 1936, 1; lat=>
$0.3267; Oet.-Dec. 1036, 1
lat = $0.19743; 1937, 1 lat$0.19603; 1938, 1 lat=*$0.19895;
1939, 1 lat=$0.19717; Jan.July 1940, llat~$0.195H.
1922-July 1940, Bank of Latvia 1922, current balance sheet;
1923-1927, annual report;
(including Government acJune 1928-July 1940, current
count).
balance sheet.
1922, Gold in coin and bullion;
1923-1927, Gold specie, Gold
bullion; June 1928-July 1940,
Gold in coin and bullion.
1922-Aug. 1940, current balance sheet.
1922-Jan. 1932, Gold reserve;
Feb. 1932-Aug. 1940, Gold,
1925-June 1931, annual report;
July 1931-1932, letter from
Banco de Mexico; 1933,
Boletfn, Numero 1, Banco
de Mexico; 1934-1941, letter
from Banco de Mexico.
1925-1926, Efeetivo en oro, 1925-1932, 1 peso=$0.4985; 19331941, original figures in fine
Monedas extranjeras —oro;
grams, converted 1933-Jan.
1927-June 1931, Efeetivo en
1 934 at rate of 1 grum =
oro; July 1931-1932, Existen$0.6646, and Feb. 1934-1941,
cias en oro; 1933, Oro en el
at lgram=$1.1253.
Banco de Mexico; 1934-1941,
Gold holdings.
.- Ban quo d'Etat du Maroc
1922-Jan. 1935, letter from
Banque d'Etat du Maroc;
Feb. 1935- Mar. 1940, current
balance sheet.
1922-Mar. 1940, Eneaisse- or
1922- May 1928, lfranc-$O.I930;
June 1928-Jan. 1934, 1 franc=
$0.0392; Feb. 1934-1936, 1
franc = $0.0663; 1937 - Mar.
1940, original figures in fine
grams, converted at rate of 1
gram =$1.1253.
Nederlandsche Bank
1913-1927, annual report; June
1928-1941, current balance
sheet.
1913-1941, Gold coin, Gold
bullion.
1913-Jan. 1934, 1 guilder$0.4034; Feb. 1934-Mar, 1940,
1 guilder =$0.6830; Apr. 10401941,lguilder«$0.5601.
New^Zealnnd 1913-July 1934, six banks of
isaue.
1913-1929, Dominion of New
Zealand, Monthly Abstract
of Statistics; 1930-July 1934,
current balance sheet.
1913-July 1934, Metal reserves:
Coin, Bullion.
1913-Jan. 1934, 1 New Zealand
pound =$4.8665; Feb. 1S341941, 1 New Zealand pound«
$8.2397.
A n» 1Q?il 1041 "P*>»»rv*i T3onV
of New Zealand.
Aug 1934-1941 current balance sheet.
Aug 1934-1941, Gold
Norses Bank
1913-1927, annual report; June 1913-1927, Gullbeholdning i
bankens kjeldere; June 19281928-Mar. 1940, current balAug. 1931, Gullbeholdning
ance sheet.
(Eneaisse: or en monnaies et
lingots); Sept. 1931-Apr.
1933, Encaisse: or conserve"
dans les caves de la Banque,
Or sous dossier a Banque
e'trang&'e (entitlement disponible); May 1933-Mar.
1940, Encaisse: or formant
la base ties Emissions de billets de banque, Placements
provisoires en or.
Lithuania,.. Bank of Lithuania
Banco de Mexico
Mexico.
Morocco
Netherlands
1922-Jan. 1934, 1 litae- $0.1000;
Feb. 1934-Aug. 1940, 1 litas$0.1693.
1913-Jan. 1934, 1 krone =$0.2680;
Feb. 1934-Mar. 1940, 1 krone
= $0.4537.
I
GOLD
533
DESCRIPTION OF DATA RELATING TO GOLD RESERVES OF CENTRAL BANKS
AND GOVERNMENTS, 1913-1941—Continued
Items
Source
Institution
Country
1914-1921, Junta de Vigilancia., 1914-1916, 1918-1921, Peruvian
Bureau of Statistics, Statistical Abstract of Peru;
1917, letter from Banco de
Reserva del Pe"ru.
1914-1921, Visible stock of gold.
1922- Aug. 1931, Banco de Reserva del Pe"ru.
1922-1927, annual report; June
1928-Aug. 1931, current balance sheet.
1922-Aug. 1931, Garantfa en
oro en Lima, Oro movilizado, Oro en garantia de
imposici6nes a la vista (in
addition, in 1922 and 1923,
Dep6sito de oro en garantia
de certificados).
Sept. 1931-1941, Banco Central
de Reserva del Pe*ru.
Peru
Sept. 1931-1932, current balance sheet; 1933-1941, letter
from Banco Central de Reserva del Pe"ru reporting
Gold at home and also Sept.
1934-1941, Gold abroad (except July 1938-July 1940,
Gold at home from monthly
bulletin of Bank).
Rate of conversion
' into U. 8. dollars
Sept. 1931-1932, Oro, Oro en
custodia en bancos de exterior; 1933-1941, Gold at
home (except July 1938July 1940, Encaje: Existencia
visible de oro en el Institute
Emisor) plus, Sept. 19341941, Gold abroad.
Poland. .--. 1919-1923, National Loan Bureau.
1919-1921, League of Nations, 1919-1921, Gold; 1922, 1923,
Encaisse me'tallique: or.
Memorandum on Central
Banks (1913, 1918-1923); 1922,
1923, annual report.
1924-July 1939, Bank Polski... 1924-1927, annual report; June
1928-July 1939, current balance sheet.
1924-1926, Encaisse: or; 1927Feb. 1933, Or en caisse, Or a
I'Stranger; Feb. 1933-July
1939, Encaisse: or.
1914-Jan. 1930, 1 Peruvian
pound =$4 .8665; Feb. 1930Apr. 1931, 1 sol=$0.4000; May
1931-2932, 1 sol=$0.2800; letter gives figures in fine grams,
converted at rate of, 1933Jan. 1934, 1 gram =10. 6646;
Feb. 1934-1941, 1 gram$1.1253 (July 1938-July 1940,
Gold at home converted at
rate of 1 sol=$0.4740).
1913-1923, 1 Polish mark=
$0.2382; 1924-1926, 1 zloty=
$0.1930; 1927-Jan, 1934, 1 zloty
= $0,1122; Feb. 1934-July
1939, 1 zloty=$0.1899.
Portugal
Banco de Portugal
1913-1927, annual report; June
1928-Sept. 1940, current balance sheet; Oct. 1940-1941,
letter from Banco de Portugal.
1913-1927, Ouro amoedado e
em barra; June 1928-Nov.
1931, Caixa ouro; Dec. 1931July 1940, Or en caisse, Or
de' po^ en Banque ; Aug .
1940-1941, Encaisse: Or.
1913-June 1931, 1 escudo=
$1.0805; July 1931-Jan. 1934,
1 escudo= $0.0442; Feb. 1934Sept. 1940, 1 escudo= $0.0748;
Oct. 1940-1941, letter gives
figures in fine grama, converted at rate of 1 gram=«
$1.1253 (gold valued in balance sheet at average cost).
Rumania
National Bank of Rumania
1913, letter from National
Bank of Rumania; 19141927, annual report; June
1928-1941, current balance
sheet.
1913, Or dans le pays; 1914,
1915, Or; 1916-1927, Or monnaye*, Lingots d'or, Or de*pose" a 1' Granger (and variants of these three headings); June 1928-Jan. 1929,
Encaisse me'tallique: Or
monnaies, Or lingots, Or en
de"pota I'e'tranger; Feb. 1929,
Encaisse: or; Mar. 1929June 1937, Or en Roumanie,
Or libre a Tdtranger; July
1937-1941, Encaisse: or.
1913-Jan. 1929, 1 leu=$0.1930;
Feb. 1929-Jan. 1934, 1 leu=
$0.0060; Feb. 1934-Oct. 1936,
1 leu=$0.0101; Nov. 1938Apr. 1940, 1 leu-S0.0073;
May 1940-Mar. 2941, 1 leu*
$0.0049; Apr.-Deo. 1941, 1
leu-$0,0053.
1913-1920, Report on Resump- 1913-1919, Gold coin and bullion; 1920, Gold coin and
tion of Gold Payments
bullion, Gold certificates;
(1925); 1920, 1921, Union of
1921-1924, Gold certificates.
South Africa, Official Yearbook; 1922, 1923, League of
Nations, Memorandum on
Currency (1913-1923); 1924,'
Union of South Africa,
Official Yearbook.
1913-Jan. 1934, 1 Squth African
pound =$4 .8665; Feb. 19341941, 1 South African pound
= $8.2397.
South Africa. 1913-1924, Joint Stock Banks
of South Africa.
1921-1941, South African Reserve Bank.
1921-1941,
sheet.
balance
1921-1925, Gold certificates,
Gold coin and bullion; 19261941, Gold coin and bullion
Sp&in
Banco de Espana,.
1913-1917, League of Nations,
Memorandum on Currency
(1913-1923); 1918-July 1936,
current balance sheet; April
1938, U.S. consular report;
Dec. 1941, current balance
sheet.
1913-1917, Gold of the Bank,
Gold of the Treasury; 1918July 1936, Oro en caja del
Tesoro, Oro en caja del
Banco; Apr. 1938, Gold:
In custody of the Treasury,
In the Bank; Dec, 1941,
Caja: Oro.
1913-Jan. 1934, 1 peseta^
$0.1930; Feb. 1934-Apr. 1938,
1 peseta = $0.3267; Dec. 1941,
1 peseta = $0.0913.
Sweden
Sveriges Riksbank
1913-1927, annual report; June
1928-1941, current balance
sheet.
1913-1933, Encaisse me'tallique: or; 1934-1939, L'encaisse me"tallique, Or depose"
a l'e*tranger et non compris
dans 1'encaisse me'tallique;
1940-1941, Gold.
1913-Jan. 1934, 1 krone =
$0.2680; Feb. 1934-1941, 1
krone=$0.4537.
current
BANKING AND MONETARY STATISTICS
534
DESCRIPTION OF DATA RELATING TO GOLD RESERVES OF CENTRAL BANKS
AND GOVERNMENTS, 1913-1941—Continued
Rate of conversion
into U. S. dollars
Source
Items
Switzerland,. Banque Nationale Suisse___'_-
1913-1927, annual report; June
1928-1941, current balance
sheet.
1913-1927, Or; June 1928-Mar.
1930, Encaisse me*tallique:
or; Apr. 1930-June 1938,
Encaisse: or— En Suisse, A
l'e*tranger; July 1938-1941,
Encaiase: or.
1913-Jan. 1934, 1 franc ^$0,1938;
Feb. 1934-Sept. 1936, 1 franc
= $0.3281; Oct. 1936- Apr.
1940, 1 franc = $0.2426; May
1940-1941, 1 franc=$0.2311.
Thailand _„. Kingdom of Thailand (before
June 1939, Kingdom of
(Siam)
Siam).
Oct. 1931-Apr. 1933, letter from Oct. 1931-Apr. 1933, Government gold reserves; June
Ministry of Finance; Feb.
1939-May 1941, Gold bul1934-Apr. 1935, letter from
lion.
Ministry of Economic Affairs; May 1935-May 1941,
letter from Central Service
of Statistics (Feb. 1934-May
1939, letters reported no gold
holdings).
Oct. 1931-Apr. 1933, figures
reported in terms of U. S.
dollars, pounds sterling, and
French francs, converted at
rate of 1 pound^$4.8665, 1
franc ^$0.0392; Juno -Sept.
1939, 1 baht = $0.4280; Oct.
1939, 1 baht = $0.4280; Nov.
1939-Mar. 1940, 1 baht=
$0.4253 (June 1939-Mar. 1940,
gold holdings valued at average cost); Apr. 1940-May
1941t 1 baht=$Q.3788.
Institution
Country
Turkey
_. Central Bank of the Republic
of Turkey.
1932-1941,
sheet.
current
balance
United King- 1913-1941, Bank of England... 1913-1924, London Economist;
1925-1941, current balance
(lorn.
sheet.
Also, 1914-1924, Government
currency note account.
1932-1941, Encaisse: or, Cor- 1932-1941, original figures in
respondants & 1'^tranger— or
fine grams, converted 1932(in addition, 1932- Feb. 1933,
Jan. 1934 at rate of 1 gram =
Correspondants dansle pays
$0.6646, and Feb. 1934-1941,
at lgram = $1.1253.
-or).
1913-1941, Gold in Issue department.
1914-1924, London Economist.. 1914-1924, Gold coin and bullion in currency note account.
1913-Jan. 1934, 1 pouud =
$4.8665; Feb. 1934-Feb. 1939,
1 pound=$8.2397; Mar., Apr.
1939, 1 pound = $4.7138; May
1939, 1 pound = $4.7165; June,
July 1939, 1 pound=$4.7138;
Aug. 1939, 1 pound=$4.4164;
Sept. 1939-1941, 1 pound =
$4.1667.
Uruguay _... Banco de la Republica Oriental del Uruguay.
1913-1927, annual report; June
1928-1941, current balance
sheet (in addition, Sept.Dec. 1935, letter from Banco
de la Republica).
1913-1927, Oro: Casa Central, 1913-Jan, 1934, 1 peso = $1.0342;
Agencias, y Sucursales; (less,
Feb. 1934-Feb. 1938, 1 peso =
in 1914 only, Oro en custodia
$1.7511; Mar. 1 938-1 fc;«, 1
de la Legaci6n Argentina);
peso = $0.6583.
June 1928-1930, En efeetivo
oro sellado, En efeetivo oro
sellado por Certificados de
Depositos en Circulaci6n;
1931-Aug. 1935, En efeetivo
oro sellado, Oro en el exterior; Sept.-Dec. 1935, Issue
dept.: En moneda de oro
(Sept.), Existencia en oro
(Oet.-Dec.)^from balance
sheet; Banking dept,: Goldfrom letter; 1936-1941, Issue
dept.: Existencia en Or©,
Banking dept.: Encaje oro.
Alsofor Banking dept.: Sept.
1936-June 1940, Cuentas de
orden— Oro en eustodia, and
July 1940-1941, Oro depositado en el exterior.
U. S. S. R... 1913-1917,
Russia.
(Russia)
of
1913-1915, annual report; 1916,
1917, current balance sheet.
1913, 1914, Cash: gold, Gold in
bars, coin, and held against
certificates, Gold in the
mint; 1915, same plus Gold
in transit; 1916, 1917, Or
(lingots, monnaies, et bons
de 1' Administration des
Mines).
1922-Sept. 1935, State Bank of
the U. S. S. R.
1922-Sept. 1935, current balance sheet of the Issue department.
1922-Sept. 1935, Gold in coin
and bars.
1913-Nov. 1940, six banks of
issue, except Mar. 1938- Mar.
1939, seven banks of issue.
1913-1927, letter from Fiscal
General de Bancos; June
1928-Mar. 1939, letter from
Banco de Venezuela (19281936, December figures from
letter from Fiscal General
de Bancos); Apr. 1939-1941,
letter from Banco Central
de Venezuela.
1913-1941, Oro
Venezuela
State
Bank
Dec. 1940-1941, Banco Central
de Venezuela.
1913-1917, 1 ruble = $0.5146;
1922-Jan. 1934, 1 chervonetz
= $5.1460; Feb. 1934-Sept.
1935, 1 chervonetz- $8. 7123.
1913-Jan. 1934, 1 bolivar =
$0.1930; Feb. 1934-1941, 1
bolivar=$0.3267.
GOLD
535
DESCRIPTION OF DATA RELATING TO GOLD RESERVES OF CENTRAL BANKS
AND GOVERNMENTS, 1913-1941—Continued
Source
Items
Rate of conversion
into U. S. dollars
Yugoslavia.. 1913-1919, National Bank of
Serbia.
1913-1919, League of Nations,
Memorandum on Central
Banks (1913, 1918-1923).
1913, 1914, Gold at home; 19151918, Gold -abroad; 1919,
Gold at home.
1920-Feb. 1941, National Bank
of the Kingdom of Yugoslavia (before Oct, 1929,
National Bank of the Kingdom of the Serbs, Croats,
and Slovenes).
1920-1927, annual report; June
1928-Feb. 1941, current balance sheet.
1920-1927, Couverture me'tallique: or; June 1928-May
1931, Encaisse me'tallique:
en or; June 1931-1934, Encaisse: or en caisse et a
1'e'tranger; 1935-Feb. 1941,
Encaisse: or en caisse, Encaisse: or a 1'e'tranger,
1913-May 1931, 1 dinar=10.1930; June 1931-Jan. 1934,
1 dinar=$0.0176; Feb. 1934Feb. 1941, 1 dinar =$0,0298.
Country
Institution
Bank for Inte [•national Settlements (Switzerland).
July 1933-1941, current balance July 1933-1941, Gold in bars... July 1933-Jan. 1934, 1 Swiss
sheet.
franc=$0.1930; Feb. 19341941, 1 Swiss franc =10.3267.
536
BANKING AND MONETARY STATISTICS
NO. 156-ANALYSIS OF CHANGES IN GOLD STOCK OF UNITED STATES, MONTHLY, 1914-1941
Yeivr and month
1,526 -100.2
499.1
2,025
530.7
2,556
1914
1916
1917
1918
1919
1920
1921
1922
[In millions of dollars. Gold valued at 120.67 per fine ounce through January 1934, at 135
DoEarmestic
Gold
marked Gold
Gold
Increase gold
gold:
under
Net
stock
stock Increase
gold decrease earmark
(end of in gold proYear and month
(end of in gold
duc- import
period) stock
or
(end of
period) stock
tion
increase period)
_...._
._ .
.
93.4 -165.2
99.7
420.5
91.1
530,2
-6.1
6.1
312.2
2,868
4.9
2,873
2,707 -165.8
82.3
180.6
151.7
67.4
21.0 1-46.7
59.5 -291.7 *127 A
6.9
6.9
5.0
2,639
3,373
3,642
-68.4
734.6
268.5
49.9
48.8
47.3
~7\5
3.1
2.8
.8
7
-2.5
. -9
-.8
3.0
29.2 1-36.2
1-4.6
-4.6
-1.7
.3
-7
-1.1
.2
6.9
6.9
6.9
6.9
6.9
6.9
6.9
6.9
6.9
6.9
6.9
6.9
2,875
2,878
2,878
2,890
2,890
2,826
2,777
2,838
2,860
2,816
2,757
2,707
2.4
2 6
.2
12.0
.3
-64.0
-49.2
60.8
22.0
-43.8
-58,9
-50.2
-1 3
.8
.1
6.7
U.O
4.9
-9
-56.8
-52 8
-42.7 1107.1
152.5
-27.6
-39.2 '-IS. 5
-49.5
1-5^4
-33.3
6.9
6.9
6.8
3.0
4.0
5.0
1920—January
February...
March
April
May
June
July
August
September
October,
November, .
December...
2,643
2,600
2,563
2,554
2,569
2,578
2,575
2,564
2,586
2,581
2,610
2,639
-64.6
-42.5
-36.6
-9.2
14.4
9.8
-3.2
-11.7
22.2
-5.0
29.5
28.4
-35.8 1-18.0
-38.4
-30.1
-i!o
-3.0
3.9
8.1 i-2.3
-1.5
21.4
-3.0
-2.1
-2.1
-9.6
-1.0
22.0
90.8 '-97.4
37.0 1-13.7
-1.5
27.6
6,0
5.0
6.0
9.0
10.0
11.5
14.5
16.5
17.5
20.0
20.5
22.0
1921—January
February
March
April
May
June
July.
August
September, .
October
November..
December...
2,679
2,713
2,799
2,877
2,944
2,988
3,060
3,152
3,232
3,285
3,340
3,373
40.4
33.6
86.3
77.6
67.6
43.5
72.3
92.5
79.7
53.1
54.6
33.5
4.0
-2.0
i-3.3
18.0
20.0
20.0
20.0
HO.O
23.0
18.0
18.0
8.0
1922—January.
February
March
April
May
June
July.........
August
September..
October
November. .
December
95.0 1-145.0
667.4
US. 7
238.3
3 7
3,398
3,436
3,463
3,477
3,484
3,498
3,542
3,568
3,586
3,601
3,619
3,642
24.7
38.4
26.7
14.2
7.2
13.2
44.0
26.1
18.1 i
15.1
18.1
22.8
~"2l4~
4.6
4.6
5.1
5.4
5.5
6.0
6.0
6.0
6.1
1923—January
February...
March
April
May
June
'July
August
September,.
October..,..
November. _
December...
3,666
3,676
3,683
3,695
3,741
3,763
3,792
3,824
3,849
3,880
3,920
3,957
23.7
10.9
6.9
11.4
46.2
21.7
29.3
32.6
25.0
30.6
40.0
36.8
6.
6.
6.
6.
6.
6.
6.
6.8
6.9
6.9
6.9
6.9
1924—January,,
February..,
March
April..
May
June,.
July.
August
September __
October
Novemb er. .
December...
4,002
4,036
4.077
4,124
4,168
4,201
4,224
4,234
4,224
4,222
4,240
4,212
45.5
33.8
40.5
47.3
44.2
33.2
23.0
9.6
-9.7
-2.0
17.4
-27.2
22.0
3.7
1923.. .
1924
1925
3,957
315.1
4,212
255 6
4,112 -100.1
50.2
294.1
50.6
258.1
48.0 -134.4
.7
-42.2
32.2
3,0
45.2
13.0
1926
1927
1528
92.6
4,205
4,092 -112.8
3,854 -237.9
46.3
97.8 -26.3
43.8
6.1 -160.2
44.3 -391.9
119.5
39.3
199.4
79.9
1929
1930
1931
142.5
3,997
309.6
4,306
4,173 -133.4
42.5
43.4
45.8
-55.4
-2.4
320 8
135.3
137.7
458.5
52.9
4,226
4,036 -190.4
8,238 4,202.5
45.9 -446.2 1457.5
47.1 -173.5 1-58.0
92.9 1,133.9
82.6
73.7
59.1
9.0
10,125 1,887.2 110.7 1,739.0
.2
11,258 1,132.5 131-6 1,116.6 -85.9
._ 12,760 1,502.5 143.9 1,585.5 -200.4
8.8
94.7
295.1
1932
1933
1_34..
1935
1936
1937
_ _ _ _ ._
_ _ . . ..
175.1
280.1
145.3
1938
1939
1940
14,512 1,751.5 148.6 1,973.6 -333.5
628.6
17,644 3,132.0 161.7 3,574.2 -534.4 1,163.0
21,995 4,351.2 170.2 4,744.5 -644.7 1,807.7
1941
22,737
741.8 169.1
982.4
1914—January
February. __
March
April. _.
May....
June
July .. .
August
September.
October
November.
December..
1,636
1,632
1,644
1,655
1.642
1,604
1,572
1,566
1,557
1,521
1,520
1,526
9.3
-3.5
12.0
10.6
-12,5
-38.4
—31 9
-6.0
-8.9
-35.6
-1.6
6.4
1,535
1,551
1,582
1,606
1,642
1,699
1,720
1,789
1,837
1,911
1,973
2,025
8.9
16.2
31.2
23.4
36.7
56.1
21.2
69.6
47.2
74.4
61.9
52.2
62
11 7
24 7
15 4
29 9
49 5
15 1
60.5
40 0
76.7
57.3
33.5
1916—January
February,..
March
April
May,.
June
July ....
August
September..
October
November,.
December.,.
2,038
2,038
2,036
2,031
2,049
2,158
2,219
2,262
2,343
2,427
2.449
2.556
13.1
-.2
-2.0
-5.2
18.6
108.3
61.1
43.7
80.8
83.3
22.6
106.7
4 8
-7.7
-1.0
-5.4
15 4
114.4
52.7
29.5
85.7
90.5
20 6
130.6
407 7 2,215.4
3.5
-5.9
52
31
-14.9
-44.3
—30 3
—15 1
-19.1
-44.4
71
4 0
1915—January
February...
March
April
May..
June
July
August
September ..
October.
November..
December...
urn
urn
1917—January
2,635
78.8
February.., 2,709
74.1
March
2,818
109.4
April
2,850
31.8
May....
2,846
-3.4
2,933
une
86.8
July......... 2,903 -30.2
August
2,878 -25.2
September.. 2.864 -14.2
October
2.6
2,866
.5
November. . 2,867
December.,. 2,868
1.3
For footnotes see end of table, p. 538.
urn
38 2
81.7
121.6
15.4
—5 4
24.2
-41,7
-27.4
-27.2
-7.0
-4.3
12.5
thereafter]
EarDomarked i Gold
mestic
gold:
under
gold
Net
progold decrease earmark
or
duc- import
(end of
tion
increase period)
.. .
2 4
22
-.5
-.3
_., t
-'.5
— .1
152.5.
-!2
1918—January
February . _
March
April
May
June
July
August.
September.
October....
November.
December..
2,873
2,875
2,878
2,879
2,885
2,876
2,875
2,874
2,866
2,869
2,872
2,873
5.1
2.1
2.4
1.4
5.6
-8.8
__. 4
1919— January....
February..
March ..
April
May
June
.„,
July
August.
September.
October
November..
December.. .
::.:.
urn.
......
------
-----
.....
30.9
41.6
86.6
80.3,
57. !'
42.8
60.5
.84.2
63.6
39.5
50.7
29.5
25.7
27.0
32.5
10.7
5.6
11.4 1
42.3
18 1
23.1
3.3
14.9
23.7
-3.6
5.0
10.0
8.0
._._„_-
-1.5
-.2
-2.0
1.5
1.7
3,7
-1.6
4.3
5,3
10
1,0
24.3
7.0
5.6
8.5
45.3
18.9
27.4
30.7
26.9
28.5
39.0
31.9
!
mm
-1.5
44.9
34.6
33.5
44.0
40.5
24.9
18.5
15.8
2.1
15.6
13.2
-29.4
.6
-2.5
-.6
1.0
2,0
-2.6
-8.0
-13.2
-17.0
-.5
-1.5
1.0
.5 j
-2.0
1.5
1.5
1.0
s!o
3.0
3.0
2.4
4.9
5.4
4.4,
2.4
5.0
13.0
26.2
43.2
43.7
45,2
GOLD
537
NO. 15&-ANALYSIS OF CHANGES IN GOLD STOCK OF UNITED STATES, MONTHLY, 1914*194 -Continued
Year and month
[In millions of dollars. Gold
DoGold
meati
stock Increase gold
Net
(end of in gold progold
period) stock
duc-. import
tion
4,136
4,077
4,052
4,055
4,070
4,073
4,080
4,095
4,095
4,120
4,110
4,112
-76.6
-53,5
-23.2
3.6
11 5
34
5.5
12.6
-1.2
25.9
-10.0
2.0
1926—January- ~- 4,125
February. . . 4,136
4,155
March ..
April
4,151
4 146
May
4,160
June
4,184
July
4,186
August
September.. 4.179
4,186
October
November.. 4.190
December... 4,205
12.2
11.5
18.4
-3 4
—4 8
14 0
23 7
20
-7.4
7 7
3,2
15.4
192 7— Ja n uar y
February...
March
April
May
June
July
August
September..
October
November. .
December...
4,277
4,299
4 310
4,323
4,321
4,300
4 293
4,301
4,284
4,254
4,164
4,092
72 3
21.3
11 1
12 9
—1 4
-20 9
-7 5
85
-17.5
-30.2
-89.7
-71.7
1928 —January... .
February
March
April
May
June
July
August
September..
October
November. _
December...
-6.0
4,086
4,075 -11.2
4 018 —57 6
3 979 —38 7
3 873 — 105 7
3 822 —51 0
34
3 826
10 3
3 836
2.1
3 ',838
17.3
3,855
3.841 -14.0
13.2
3,854
1929—January
February
March
April
May
June
July
August
September, .
October
November..
December...
3,840
3,866
3 901
3 973
4 014
4 037
4 054
4 073
4,085
4,099
4,080
3,997
1925—January
February..
March
April
May
June
July
August.
September. .
October
November. .
December...
1930— January
February
March
April
May
June
July
August
September __
October
November..
December...
-14.4
26 4
34 4
72 4
40 6
23 4
16 3
18 9
12.1
14,4
-19.2
-82.9
:::::
iiini
—
—
—
—
------
"imi
-68.5
-47.0
-17.8
-12.7
-2 0
-2.3
5.8
2.7
-2.7
22.7
-13.9
1.2
valued at $20.67 per fine ounce through January 1934, at $35 thereafter]
EarDoEarGold
marked
Gold
mesti
Gold
marked
under
gold:
stock Increase gold
gold:
Net
under
decrease earmark
Year and month
(end oi in gold pro- .gold decrease earmark
(end of
or
period) stock duc- import
or
(end of
increase period)
tion
increase period)
(-)
(-)
o
46.0
1932—January..,. 4,129 -44.2
3.4 -73.0
433.1
25.4
-6^4
47.4
February.. 4,067 -62,3
3.3 -90.6
26U
406.8
-9.3
54.2
March
4,103
36.0
3.2 -24.7
58.3
348.5
39.4
14.9
April
4,080 —23 1
3 2 —30 2
344 5
40
3 g —195 5 —22 1
26 6
16 0
May
3 865 —214 1
366 7
5.1
21.6
June
3 632 —233 9
3 9 —206 0 —28 8
395 4
-3.1
25.5
July
3,687
-3 4
2 2
58 0
339 2
56 2
16.7
August
11.6
3,801
100.5
111.7
6.1
4.7
238.7
1.5
15.8
4.7
104.8
3,906
72.3
September
27.9
166.4
13.0
2.9
October.... 3,977
5.0
70.8
45.8
20.6
120.6
2.0
11.0
72.1
75.6
4.3
48.6
21.7
November.. 4,053
-2.0
13.0
December. , 4,226
173.5
73.7
'71.0
4.3
100.9
-7,5
1.0
19.0
30.0
53.0
53 0
53 0
53 6
49.6
30 4
32.8
32 8
40.3
39.3
1933— January. ...
February
March
April
May
June
July .. .
August
September
October
November. .
December...
4,266
40.0
4,093 -173.4
3,995 -97 2
29 5
4 025
36
4 028
4 031
2 2
4,033
2.7
4 041
75
4,037
-3.8
-7
4 036
-.1
4,036
-.5
4,036
3.9
2.8
4 8
35
3 2
2 7
3.2
32
5.3
4 8
4.6
5.1
44 5
19 5
19.9
3.2
—1 5
10 8
-1 0
11 9
31 7 *— 35 5
12 8 !-36 7
8 9 l — 23 1
-2 5
6 4
-9.0
-11.5
-25.0
-8.6
-53.2 -40.0
-67.4
-8.5
19 8
16.6
18 1
19,1
114 1
'114 6
114 4
116.9
125,9
150.9
190.9
199,4
1934— January
February...
March
April..
May .
June.,
July .
August . .
September.
October
November..
December.. _
4 033
—2 1
27,438 3,405.0
7 694
256 1
62.2
7,757
22 4
7,779
7,856
77.1
74 4
7 931
47.4
7,978
.4
7,978
8,002
23.5
8.132
129.9
106.2
8,238
4 4
5.7
7 4
7.5
81
7.4
85
7.4
9.5
10.2
7.9
8.8
-2.8
452.6
237.3
54.7
33.6
63.7
52.3
37.2
-18.7
10.8
120.9
92.1
12.2
68.7,
-.8
-1.1
,5
1.0
.6
-1.1
2.4
.3
-.1
.1
46.9
10.7
U.5
12.7
12.2
11.2
10.6
11.7
9,3
9.0
9.1
9,0
5.5
-13.8
2.9
-11. 1
— 94 9
35 8
—91 2
45 7
—81 7 —26 5
—79 9
30 1
60 9
-63 9
7
59
.5
-1.2
1.2
13.3
6.7 -25.0
23.3 -15.8
193,9
191,1
155 3
109 5
136 1
106 0
45.1
39 1
40.3
39,1
64,1
79.9
1935—January
February
March
April..
May
June..
July
August
September. .
October
November. .
December., .
8,391
8,527
8 567
8,710
8 858
9,116
9,144
9,203
9,368
9,693
9,920
0,125
153. 3
135.3
40 4
143 4
148 1
257.1
27.9
59.5
165.0
325.2
226.7
205.2
7.6
6.6
80
7 8
86
8.6
10.2
10.0
10.7
11.5
9.5
11.5
149.4
122.8
13 0
148.6
140.0
230.4
16.2
46.0
156.7
315.3
210.6
190.0
1.1
.2
-.7
-2.3
-1.5
1.0
*— 4
1.8
1.0
-1.9,
.6
1.3
7.9
7.6
8.3
10.6
12.1
11.1
11.6
9.8
S.S
10.6
10.1
8.8
47.2
25 5
24 8
23 1
23 6
30 2
34 7
18 4
17.6
17.5
-23.2
-64.4
144.9
144.9
137 4
88 8
72 7
80 2
102 2
103 2
109,8
114.3
113,3
135.3
1936—January.
0,182
February. . . 0,167
March
0 184
April0,225
May
0 402
0 608
June
July .,
0,648
August
0,716
September. O.S45
October
1,045
November.. 1,184
December... 1,258
57.2
-15.5
17.2
41 0
176 7
206 6
39.2
68.4
129.0
199.7
139.6
73.3
9.2
8.4
9 6
9 6
10 4
10 0
12.8
13 1
12-.1
13.8
11.8
10.9
45.6
-16.6
5.5
28.1
170.0
277.8
15.4
67.5
171.8
218.8
75.8
57.0
-1.7
-9.5
1.0
-.2
-3.2
-24.8
2.3
-11.9
-28.8
-11.3
3.0
-.7
10.5
20.1
19.1
19.2
22.5
47.3
45.0
56.9
85.7
97.0
94,0
94.7
134.8
134 8
119 8
119 3
117 3
115.3
118 3
118 3
114,3
120.4
122,5
137.7
1937—January
February..
March . .
April
May..
June
July
August
September..
October
November..
December...
1,358
1,436
1,574
1,799
1,990
2,318
2 446
2,567
2,741
2,803
2,774
2,760
100.1
' 78.2
137.9
225.6
191 1
327.8
127 3
121.6
174.3
62.0
-29.3
-14.0
9.6
8.3
10.8
9.2
12 4
11.2
12 7
16.9
12.2
14.9
13.8
11.9
121.3 -48.3
-8.0
120.3
-.4
154.3
7.2
215.8
26.2
155.4
262.0 -15.9
175.4 -35.5
-5.3
104.8
9.3
145.5
-8.0
90.5
22.1 -20.1
18.0 -101,6
143.0
151.0
151.4
144.2
118.Q
133.9
169.4
174.7
165.4
173.4
193.6
295.1
125 8
123.3
120.3 „
127 8
123 8
31,5
61 2
77.2
356.3
463.9
435.8
458.5
1938 —January
February
March
April
May
JAe
July ..
August
September..
October
November. .
December ...
2 756
2,776
2,795
2 869
2 919
2,963
3,017
3,136
3,760
4,065
4,312
4,512
—4 6
20.7
18.5
74.3
49 8
44.2
54.5
118.3
623.8
305.0
247.5
199.6
11 0
10.0
10.7
10.6
11.5
9.6
14.2
14.7
14.1
13.5
15.5
13,3
2.1
-1.1
8.0 -18.2
-.6
52.9
-1.2
71.1
52.8 -53.9
55.3 -15.5
63.8 -20.9
166.0 -28.8
520.9 -13.3
562.4 -110.2
-7.4
177.8
240.5 -62.4
296.2
314.4
315.0
316.2
370.2
385.7
406. 6
435.4
448.6
558.8
566.2
628.6
16.3
21.6
39.2
-4.8
—6 4
15 5
14.8
-17 8
-7.1
7 7
9.0
9.8
-6.0
-11.0
-23.0
— 6
4,0
19 2
-2.4
-65.0
7 5
48 6
16 1
—7 5
—22 0
—1 0
-6.6
-4.5
1.0
-22.0
.5
4.0
6.8
4,004
60 0
61 9
4 066
15 0
55 5
70 2
4 136
5
65 7
• 68 5
4 204
20
23 5
25 9
4 230
2 0
13 9
4 248
17 6
—3 0
— 19 6
4 230 —18 4
— 19 6
4 214 —15 5
4.0
2.5
10.2
4,224
—6.1
26.4
23.3
4,248
-2.1
35.2
36.8
4,284
32.7 -15.2
22.1
4,306
4 356
11 9
1 931—January
34 4
49 4
2.5
February... 4,378
16.1
22.0
3.0
March
25.6
4,410
32.0
28 7
—7 5
April
49 5
4 439
May
4 0
49 6
72 4
4 511
92.3
63.8
4,669
June
158 0
19 5 —29 7
4 662
July
—6 6
57.5 -16.0
4,708
45.7
August
20.6 -279.1
September.. 4,454 -254.3
-337.7 -107.6
4,005 -448.4
October
28.3
89.4
November.. 4,127
122.0
56.9 -22.9
45.8
December.. . 4,173
For footnotes see end of table, p. 538,
~.....
-----
-----
imi
128.5 1-91.5
8.9 -178.3
-13.1 -100.1
33 7
-10 0
—21 1 • 22 1
35
-3 2
84.5
-83.9
79 5
-80,4
49.3
-56.7
26 9
-32 4
.6
-.8
11.8
-9.1
92.6
270,8
370.9
337.2
315 1
311.6
227.1
147.6
98.3
71,5
70.9
59.1
538
BANKING AND MONIJTABY STATISTICS
NO. 156-ANALYSIS OF CHANGES IN GOLD STOCK OF UNITED STATES, MONTHLY, 1!14-1M1-Continu«d
Year and month
[In millions of dollars. Gold valued afc $20.67 per fine ounce through January 1934, at $35
EarDomestic
Gold
marked Gold
Gold
stock Increase gold
Net
gold:
under
stock Increase
(end of in gold progold decrease earmark
Year and month
(end of in gold
period) stock
or
duc- import
(end of
period) stock
tion
increase period)
C-)
14,682
1939 — January
February
14,874
15,258
March.
15,791
April
May
15,957
16,110
June
July
16,238
August
16,046
September. _ 16,932
October
17,091
November 17,358
December
17,644
170.0
192.7
383.8
532 3
166.2
153.3
128.0
407 6
285.9
159.9
267.1
285.1
12.4
10.7
11.3
13 3
12.8
10.8
13.3
14 3
15.9
18.7
14.9
13.4
14.1
-48.6
10.7
— 114 8
-251.6
-104.8
-164 0
152 1
2.8
79.5
90 9
-200.8
614 5
663.0
652.3
767 2
1,018 7
1,123.6
1,287 5
1,135 4
1,132.6
1,053.1
962 2
1,163.0
17,931
18,177
18,433
18,770
19,209
19,963
287.5
246.0
256.0
336 9
439.0
754 2
236.4
40.0
13.7
37.0
201.4
11.6
12.2
459 8 -213.4
13 2
249 9
67 2
14.2
435.1 -36.7
11 1 1,163 0 -437 2
1,123.0
1,086.0
1,299.5
1,232 3
1,269.0
1,706 2
1940— January .
February
March
April
May
June
156.3
223.3
365 4
605 8
429.4
240.4
278 6
259 9
326.1
69.7
168 0
451.2
thereafter]
EarDomarked Gold
mestic
gold
Net
gold:
under
pro- .gold decrease earmark
or
duc- import
(end of
tion
increase period)
(-)
16.2
12.5
13 5
19 2
16 6
16.3
1940—July
August.
September
October
November
December...
20,463
20,913
21,244
21,506
21,801
21,995
499 4
450.2
331.6
261 1
295 2
194.0
1941—January
February
March ..
April
May
June
July
August.
September
October
November
December
22,116
22,232
22,367
22,506
22,575
22,624
22,675
22,719
22,761
22 800
22,785
22 737
121 7 13 7
115.4 12.8
135.4 -12.2
138 5 13 0
69.1 12 8
49.2 14.6
50 5 13 8
44.7 12.6
41 5 18 0
38 8 15 9
—14 4 18 2
—48 8 11 5
520 0 -55 1
351.6
67.0
334 1
36 6
326 0 —117 9
330 1 -39 5
137.2
7.4
234 2
108.6
118.6
172 0
34 8
30.7
37 0
37.0
65 7
40 4
50 4
52 9
—52 8
-46.2
2
— 10 5
-3 8
4.0
-27 7
-31.2
—46 8
—32 2
—60 9
—99 7
,761.3
,694.3
,657 6
,775 6
,816.1
,807.7
,§60 5
,906.6
,906.4
,916 9
,920 8
!S916.8
1 , 944 5
1,975 7
2,022 5
2 054 7
2,115 6
2 215 4
1
Adjusted for changes in gold held under earmark abroad by the Federal Reserve Banks as follows, in millions ol dollars: 1917—June, +52.5;
1918—June, -36.2; July, -4.6; August, -5.8; 1919—April, -5.8; August, +107,1; September, +52.5; October, -10.5; November, -13.5; December,
-4.4; 1920—January, -17.0; February, -1.5; May, —1.2; October, -94.9; November, -13.2; 1921—March, -3.3; 1927—May, +59.5; June, -36.2;
July, -23.3; 1932—December, +72.6; 1933=-January, -72.6.
2
Increase in gold stock during February 1934 resulted principally from reduction in weight of gold dollar. By proclamation of the President,
dated January 31, 1934, the weight of the dollar was reduced from 25-8/10 grains to 15^5/21 grains, nine-tenths fine. Between January 31, 1934,
and February 1,1934, the gold stock was increased 2,985 million dollars, of which 2,806 million dollars was the increment resulting from reduction in
the weight of the gold dollar and the remainder was gold which had been purchased by the Treasury previously but not added to the gold stock.
NO. 157-GOLD INFLOW TO THE UNITED STATES AND CONTRIBUTING FACTORS, 1914-1940
[In millions of dollars]
Contributing factors to gold inflow (+), to gold outflow (— )
Year
Gold
inflow1
Silver'
Merchandise
Services
Total
Shipping
Travel
Capital movement
Remit- Interest,
tances dividends
Other*
Total
July 1914— Dec. 1918
1919
1920.-,. . _ _ _ „ _ _
.
1,044
-164
-50
+11,808
+4,166
+2,976
-1,748
-2,668
-289
-379
+291
+271
-67
-123
-711
-832
-634
+360
+414
+468
1921
1922..
1923
1924...
1925
686
235
295
216
-102
+1,965
+711
+373
+1,017
+718
-371
-69
+175
-42
-9
+60
-55
-30
-46
-73
-124
-182
-189
-226
-264
-450
-314
-328
-339
-373
+300
+439
+546
+462
+582
-157
+43
+176
+J07
+119
592
-815
-78
-581
-676
72
-154
-272
120
278
+401
+701
+1,056
+861
' +793
-45
-57
-88
-119
-152
-262
-286
-327
-344
-334
-361
-355
-346
-343
-306
+593
+581
+647
+652
+581
+128
+137
+85
+79
+153
-176
11
-173
1,178
1,720
-156
-123
-76
-46
+4
-119
-84
-46
-63
-67
-247
-194
-133
-137
-144
-279
-217
-191
-162
-162
+454
+325
+302
+301
+366
+35
-91
-396
+331
+282
+184
+478
+236
1,147
1,271
1,657
3,018
4,099
-114
-88
-206
-77
-55
+33
+265
+1,134
+8£9
+1,396
-137
-208
+39
-50
+80
-89
-130
-36
-64
-10
180
-213
-173
-155
-98
-176
-175
-153
-151
-145
+298
+282
+384
+311
+385
1926
1627.
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
......
„
._...._
. .. . ._
„_ .
...
..
_ _ . . ...
.. . „ _ _
_...„
.
1
Net gold
a
Included
1
+53*
+20
-29
-75
-58
Longterm
-1,018 -11,073 -11,205
2 474
-384
384 1
-271
-832
-832
Shortterm*
Residual'
+132
(•)
(•)
+2,057
-1,278
-l r> 905
-592
-815
-45
-700
-570
(•)
(•)
-33
+119
-106
-316
+ 408
-175
-178
-135
-307
-452
-1,195
-282
-777
-726
-1,037
-847
-278
-298
+419
+585
-348
-4
-479
-75
-423
-104
-384
+320
-1
+15
+11
-443
-221
-342
+422
+1,508
+194
+225
+77
+200
+436
-637
-446
-419
+222
+1,072
+92
473
+61
+415
+388
+10
+28
+17
+9
-52
+1,208
+877
+441
+1,407
+1,519
+777
+431
+521
+356
+97
+344
+27 +1,470
-138 '+1,657
+157
+425
+249
+789
+1,159
+
imports adjusted for earmarking transactions; gold valued at $20.67 per fine ounce through January 1934, at $35 thereafter.
with merchandise prior to 1934.
Includes merchandise adjustments, war-debts receipts, Government transactions, and miscellaneous services.
* Includes, in addition to regularly reported movement of short-term banking funds, currency movements, Government transactions, and
miscellaneous capital movement.
> Balancing item covering errors and omissions in the other estimates.
6
Information not available.
7
Includes advance payments and capital assistance by British Government to American suppliers.
GOLD
539
NO. 158-NET GOLD IMPORTS TO THE UNITED STATES, BY COUNTRIES, 1915-1941
[In thousands of dollars. Gold valued at $20.67 per fine ounce through January 1934, at 135 thereafter. Net exports (—)]
Country
Argentina
Australia
Austria
Belgian Congo
Belgium
B olivia
Brazil
British East and West Africa
British Guiana
_ „ _ _ . , _. » „
British India (including Burma)
British Malaya (incl Str Settlements)
British Oceania
British South Africa
Canada
Central America 1
Ceylon
Chile
. . China
Colombia
Czechoslovakia
Denmark
Ecuador
______„„___
Egypt
Ethiopia
Finland
France
French Guiana
French Indo-China
Germany
-_
- ..
Greece
Hong Kong
Hungary
Italy
Japan
Liberia
Malta, Gozo, and Cyprus
Mexico
.
_„
Morocco
Netherlands
Netherlands East Indies
Netherlands West Indies. ...,__
Newfoundland and Labrador
New Zealand
Norway
Palestine and Syria
Peru
„__
___.
Philippine Islands
Poland and Danzig
Portugal
Portuguese East Africa
Rumania
Saudi Arabia
Spain
Sweden
Switzerland
Turkey
U S S R (Russia)
United Kingdom
Uruguay
Venezuela
West Indies and Bermuda 3
Yugoslavia
All other
Total
For footnotes see end of table, p. 541.
1915
1917
1916
-1,500
34,019
-27,084
15,519
21
7,739
1
471
1918
-25,196
2,433
-
1921
1919
1920
-2
—56,457
-88,287
1,947
1,066
14,014
9
27
2,675
-267
399
799
-2,497
-499
3,761
10
92
13
149
30,831
-70
10
20
39
134
-34,301
—4,210
369
7
-254
-36
193
-6,753
—6,683
64
-4,445
-130
g
38,781
-1,091
28,639
4,242
52
33,942
6,540
3
-11,252
4,361
994
47
513
-15,011
-332
-6
1
503,362
2,529
-3
2
44,241
3,309
1922
1923
5,289
32
26
13
—2
-22
498
-3,400
—609
175
207,323
2,799
570,726
2,924
324
7,155
4,977
-273
-5,207
5,261
-10,530
-8,476
4,904
1,097
134
-39,110
4,712
35
-28,285
8,790
448
17,913
11,942
395
8,588
6,348
537
458
718
351
-2,003
380
199
388
17,770
443
2,561
11,520
—1
-57
5,432
635
6,875
22
1
190,666
27,043
16,376
35
4,826
—3,568
—2,059
34
39
1,491
419
—4,153
31,193
25
-14,637
^
279
47,670
2,444
246
5,478
3,752
3
3,562
696
1,734
2
160
—34
1
—5,914
— 1,106
95
30,068
534
— 1 , 305
6,014
19,927
2,071
—3,961
19,488
— 13
-25,678
-155,454
—455
-94,112
—201
101,299
217
2,213
6,782
6,105
-5,308
-21,299
-5,893
-13,306
616
-1,502
1,072
1,875
903
772
2
4,287
—499
— 1,421
—9,755
580
8
1,920
—2,223
700
347
4
9,733
—1
—270
135
-15
3,514
6
2,099
—9,130
1,225
19,893
1,257
5,851
9,939
1,192
680
13,202
2,270
91
1,355
2,192
3
-5,305
80
464
881
-2,569
479
-2,282
965
4
419
1
630
-11,151
1,288
g
397
1,555
8,424
44
1,619
788
1,624
328
11
2,956
1,535
886
1,614
1,400
647
619
25
345
23
788
12
492
-40
-16,979
-102,067
-10
-29,778
-1
-68
109,218
—550
876
1,855
50,629
—2,120
-293
— 19,392
—4
—3,030
-2,681
— 15,440
1
-842
196
-23
1,965
9 205
-11,670
-2
498
2,036
2
1
1,269
280,754
—12,850
409
-418
3,294
63,713
570
2 234
85
202,091
6 818
1,354
1,058
-656
32, .808
213
67
. 10
121,862
274
915
1,139
20,973
-291,651
94,977
667,357
238,295
-2,290
2
-100
50
50
530,197
180,570
78
6
371
2,070
1,572
-11
13
932
8
35
5
-1,369
63
149,534
686
542
73
420,529
49,552
294,072
540
BANKING'AND MONETARY STATISTICS
NO. 15&-NET GOLD IMPORTS TO THE UNITED STATES, BY COUNTRIES, 1915-1941-Continued
(In thousands of dollars. Gold valued at $20.67 per fine ounce through January 1934, at $35 thereafter. Net exports £—}]
Country
Argentina
Australia
Austria
-
Belgian Congo
-„
_._
1924
__ •
__
1925
22,129
1,712
L
Belgium
Bolivia
Brazil
British East and West Africa
British Guiana
British India (including Burma)..
British Malaya (incl. Str. Settlements)
British Oceania
_
British South Africa
Canada
Central America1
Ceylon
Chile
China
Colombia
Czechoslovakia ..
.
Denmark
i_
„
Ecuador »
__„ ._
Ethiopia „--„
Finland
__
,
France
._
-, -,.- .
._
French Guiana
-_
_ = _-_
French Indo-China
Germany
Greece
Hong Kong
__„
Hungary
Italy
Japan
Liberia
„.
Malta, Gozo,and Cyprus
Mexico '
Morocco -~
.-_..
Netherlands
Netherlands East Indies. „ ...
Netherlands West Indies
Newfoundland and Labrador
New Zealand
Norway
Palestine and Syria
Peru
Philippine Islands.. -„
Poland and Danzig
Portugal
„. .
Portuguese East Africa
Rumania
Saudi Arabia
„.__
„,.____.»
Spain
Sweden
=_ .
Switzerland
Turkey
... ....
U. S. S. R. (Russia)
_
United Kingdom
Uruguay
Venezuela
West Indies and Bermuda 2
Yugoslavia
All other „.__ _
__ _ _ _ „ . _ _ _ _ _ _ _ _ _ _ _
For footnotes see opposite page.
66
-11,025
-30
5
-7,570
—26 923
3
1
1927
-430
51 119
-61,477
21 920
1
—2,199
45
2
—64 900
3
120 |
— 1,999
4
1930
72,478
4 870
20,222
54
63
1
54
g
2,730
87,776
3,589
-217
—369
—34,351
—25 012
-58,775
-7,364
-573
-3,332
-2,974
-3,064
-1,482
-706
-677
48
69
1
12
14
6,872
1,697
7
-12,535
40,150
-2,338
33,953
-1,083
-1,393
21 180
4,578
—356
7,021
5,022
2,284
795
487
-1,827
821
-60
447
971
-62
79,730
718
-47
624
679
-87
73,490
1
—22
— 15
528
974
5,292 !
—1
1932
141,263
2 643
—127
3
—15,583
15
16
33
3
-276
38,394
2,130
-225
431
1931
1929
1928
99
8,064
532
12,991
7 510
—50
10
-82,570
19
1,312
3
207
26,596
34B
180
81,136
990
6
260
19,683
15 116
—40
25
1,015
438
10,326
9,097
1,551
59
64,573
1,389
27
1,624
23,280
3,242
841
-607
877
-483
1,301
2,247
1,483
1,369
Egypt
Total
1
—46
1926
1,373
24,346
5,267
333
11,048
-307,848
3
-65,179
3
—73,675
—344,514
-441,649
—15,171
—68,269
—47 548
—13 993
—174
36,026
— 13,357
-1,883
-2,534
-6,288
—28 759
3,406
-7,547
44 389
-12,276
-1,758
11,885
15,763
2,737
-1,043
11,008
2
13,940
7
-26,091
-245
5
— 124
-2,996
156,609
14,557
-70
-5,311
199,286
1,430
—3,713
17,712
-983
120
5,566
20,390
49,641
2,032
5,766
-524
7,020
-460
—4 000
-1,269
5
-81
1
16
1,702
—20
259
773
715
g
220
1,921
3,262
—5,010
2
7
6,896
3,715
—1
75
-1,341
-10,007
93
502
5
40
5,538
-19,768
-3,004
-118,273
-275
8,354
3,783
2,182
3
6,797
6,080
1,021
6,566
-10
-2
53,586
4,384
11.770
2,294
-12
1
280,086
145,325
-446,212
882
2
30
6
19,979
1
61
1,158
1
926
794
74
7
241
106
1
213
55
a
1,728
1,803
—1,104
2,644
1,990
2,268
1,667
-5,000
1 458
1,773
—6 000
552
244
43
13
—299
4,522
—305
-1,002
100
3
995
-12
1
75
118,645
-122
—785
43,135
-802
—2 267
30,833
-2,000
—999
5,200
4,999
—9,000
—5 489
6,080
-391,862
2,710
4,014
3
610
—43
32
372
35
258,073
477
21
-134,367
—1
1,212
— 1 053
156
242
523
41,310 1
250
—1,217
390
4
97,796
175,066
22,267
-16
—50,327
4,870
2,314
34
185
"
1"
6,440
3,740
—620
-2,088
-105
49,720
20,087
-96,587
2,901
1,489
1,550
1,681
____.„.._
3,115
7,052
-63
-2,386
—5
15
541
GOLD
NO. 153—NET GOLD IMPORTS TO THE UNITED STATES, BY COUNTRIES, 1915-1941—Continued
[In thousands of dollars. Gold valued at $20.67 per fine ounce through January 1934, at $35 thereafter. Net exports (—)]
1933
Country
1934
1936
1935
1937
1938
1939
1940
1941
-1
3,176
12
1,029
19
3,498
12
23,280
14
34,713
31,830
39,162
4,515
74,250
59,072
103,777
184
67,492
Belgium
-895
105
Bolivia
-2
Brazil . .
_
___
1
British East and West Africa
49
British Guiana ...
-25,629
British India (including Burma)
British Malaya (incl. Str. Settlements)
British Oceania
103
British South Africa
19,894
Canada
844
Central America 1 --________.,__
1
Ceylon
2,337
Chile
5,931
China
97
Colombia
-6,504
Czechoslovakia
Denmark.
983
Ecuador
Egypt
Ethiopia
Finland .
France , _-.,.„ _ . „ . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ -216,034
French Guiana
French Indo-China
-2,533
Germany
1
Greece
6,890
Hong Kong
Hungary
-24,043
Italy
6,702
Japan
8,909
124
12
18
5
76,820
4
3,350
7
1
90,859
1,391
1
15,488
205
1,465
165,122
9
1
132
977
-4,715
10,775
2
75,267
1
77,892
433
50,762
1
1
16,159
109
46
12
86,612
2,978
65
95,171
2,814
8
72,648
3,667
181
111,480
3,755
401
76,315
4,154
384
53,339
208
614
322,862
612,949
6,013
144
1
95
15
2
1,039
9,666
1,807
3,894
3292,893
412,056
10,962
3,344
171
16,944
6,593
7,893
10,899
11,910
9,370
97
18,397
10,557
1,555
5,185
99
3,435
65
2,031
5,458
2,630
3,048
402
3,130
3,057
260,540
934,243
573; 670
-13,710
81,135
3,798
340
241,778
261
1
Argentina
Australia
Austria
__,_
Malta, Gozo, and Cyprus
Mexico
Morocco
Netherlands
Netherlands East Indies
Netherlands West Indies
Newfoundland and Labrador
New Zealand
Norway
Palestine and Syria
Peru
Philippine Islands
Poland and Danzig
Portugal
Portuguese East Africa
Saudi Arabia
Spain
Sweden
Switzerland
Turkey
U. S. S. R. (Russia)
United Kingdom
_.
Uruguay
Venezuela
2
West Indies and Bermuda
Yugoslavia
Allother
Total
1
1
8
22
-5,002
-11,631
__•_
6,378
—864
356
439
-173,456
22
39,964
44
38,482
22
36,472
17
33,610
71,008
6,461
163,049
7
31
73
2
281
341,618
502
13
441
1,389
10,953
63,260
20,583
5,611
479
2,284
33,405
1
95,510
-602
2
246,464
13,669
2
227,394
19
36
89
77
8,510
2
24,448
10
26,176
11,873
43,935
111,739
215
64
29,880
20
1,459
30,100
1,537
6,023
10
26,185
5,705
15,719
165,605
7
7,917
7,902
801
84
10,077
1,911
23,239
2
-233
9,431
2
3
886
4
8,414
1,056
49,990
46
3,464
n84,756
2,622,330
9,386
373
10,802
2
23,999
11,667
22
1
168,740
-143
16,281
4,280
187
-6,100
15
38
4,360
9,444
552
16,791
855
6
341
1,396
12,038
2
I
305
250
2
2,148
15,335
2,414
21,613
3,116
25,427
4,037
27,880
5,272
35,636
10,247
38,627
9,119
42,678
30
28
77
85
30
150
75,087
402
7
45
58
6
54,452
223
60,146
1,363
79
102
907
28,715
86,987
109
1,064
10,416
161,489
90,320
115
30,851
633,083
31
4,921
652
16,310
15
1,031
316
1,747
899
35
39
12,403
968
24
2
7,510
885
501,632
18,099
315,517
11,208
174,094
504
891,531
1,208,728
1,826,403
840
2,191
300
620
1,099
795
493
1,038
907
544
911
852
1,486
468
571
4,441
421
502
1,133,912
1,739,019
1,116,584
1,585,503
1,973,569
3,574,151
4,744,472
398
2,658
44,920
3,779
•47
4,581'
864
635
982,378
Includes British Honduras, Costa Rica, Guatemala, Honduras, Nicaragua, Panama, and El Salvador.
Includes Barbados, Jamaica, Trinidad and Tobago, other British West Indies, Cuba, Dominican Republic, French West Indies, and Haiti.
Includes $22,532,000 for 1939, $183,739,000 for 1940, and $291,977,000 for 1941 from Union of South Africa.
542
BANKING AND MONETARY STATISTICS
NO. 159-GOLD PRODUCTION, BY COUNTRIES AND AREAS, 1910-1941
[In thousands of dollars. Gold valued at $20.67 per fine ounce through 1933, at $35 thereafter]
Latin America
United
States'
World
total
Year
Canada2
Total
Mexico
Colombia
Chile
Peru
Brazil
Venezuela
Ecuador
Other
Latin
America
1910-----
455,239
96,269
10,206
40,882
24,911
3,370
H64
456
341
249
9,136
1911
1912
1913
1914
1915
462,990
467,288
466,284
447,608
472,284
96,890
93,452
88,884
,94,532
101,036
9,762
12,649
16,599
15,983
18,978
40,766
40,327
33,683
19,789
24,617
24,880
24,500
19,309
4,788
6,559
3,168
2,972
<2,972
4,679
5,453
»363
n75
3175
3203
3814
492
492
• *492
1,022
1,110
3,835
3,571
2,255
2,140
2,425
365
624
445
613
1,395
277
407
<407
347
546
7,385
7,586
7,629
5,998
6,316
455,456
420,592
384,251
358,444
333,785
92,590
83,751
68,647
60,333
51,187
19,235
15,273
14,464
15,850
15,853
26,397
26,047
34,364
32,274
31,466
7,691
9,000
16,825
15,677
15,266
6,174
5,000
6,000
6,000
5,800
297
766
765
765
900
,267
,254
,192
,348
,297
2,890
2,958
2,800
2,000
2,600
1,270
637
473
600
389
560
888
800
800
750
6,249
5,544
5,509
5,084
4,464
330,702
320,349
368,897
384,900
384,010
50,067
48,849
51,734
52,277
49,860
19,149
26,116
25,294
31,532
35,881
30,927
32,843
33,348
30,026
28,653
14,153
15,469
16,158
16,480
16,310
6,000
5,700
<5,700
•2,000
•1,582
933
1,650
1,331
'1.400
1,265
1,600
1,683
2,488
2,459
2,434
2,780
3,032
2,991
2,991
2,243
625
359
<359
*359
631
750
878
<878
T
800
7
900
4,086
4,071
3,443
3,537
3,287
1916*
1917
1918
1919
1920
______
. --
1921
1922
1923
1924
1925
______
1,955
1926
1927
1928
1929
1930
______
, ______
395,199
393,980
390,387
397,153
432,119
48,270
45,419
46,165
45,651
47,248
36,263
38,300
, 39,082
39,862
43,557
28,278
26,710
24,316
23,983
26,638
15,972
14,991
14,452
13,536
13,860
•1,481
'1,500
?834
'1,000
3,281
1,222
'1 , 240
595
222
345
2', 486
1,915
1,383
2,525
1,862
2,111
2,120
2,070
2,220
2,000
«631
6814
998
893
•1,156
1,292
1,328
1,542
1,392
1,447
3,082
2,802
2,444
2,196
2,686
1931
1932
1933
1934
1935
______
460,651
498,164
525,071
958,033
_ _ . _ _ . 1,049,974
49,527
50,626
52,842
108,191
126,325
55,715
63,061
61,292
104,445
115,426
26,250
27,963
34,239
66,886
69,334
12,879
12,082
13,183
23,149
23,882
4,016
5,131
6,165
12,045
11,515
442
788
3,040
8,318
9,391
1,523
1,148
1,738
3,460
3,460
2,387
*2,387
2,605
3,977
4,221
6875
1,594
1 , 979
3,817
3,934
1,232
1,357
1,254
2,325
2,503
2,897
3,477
4,276
9,795
10,428
1936
1937
1938
1939
1940
_ _ _ _ _ _ 1,152,569
1,229,140
... - 1,319,617
1,383,705
1,437,349
152,509
168,159
178,143
196,391
210,109
131,708
144,149
165,885
179,042
186,653
74,799
81,404
94,328
104,000
109,189
26,389
29,624
32,334
36,956
35,010
13,633
15,478
18,225
19,300
22,117
9,046
9,543
11,144
11,377
11,999
5,334
5,903
8,907
9,532
9,748
4,390
5,102
6,726
8,183
89,251
3,865
4,078
4,024
5,131
5,138
2,754
2,083
2,591
2,988
»1.853
9,388
0,592
10,378
10,534
i°14,073
1 9 4 1 p _ . _ _ „ _ . . _ _ _ 1,411,627
209,175
187,834
105,883
32,315
22,961
9,218
9,981
"9,100
4,564
•2.459
1
______
G
Africa
"15, 285
Asia
Year
Total
1910
. _.
South
Africa
Rhodesia
British
West
Africa i 2
Belgian
Congo
Other
Africa
Total
Japan 13
British
India
China 1 4
Other
Asia
1921
1922
1923
1924
1925
_
_
_
1926
1927
1928
1929
1930
._
-.
1931
1932
1933
1934-.
1935
1 ___
.
1936
1937
1938
1939
1940
1941p____ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
10,718
3,658
4,946
188,293
181,886
173,560
188,033
14,227
14,275
17,664
18,915
7,286
7,955
8,405
8,305
917
1,029
*1,029
2,045
2,294
1,339
1,570
7,008
7,320
8,012
8,942
10,268
12,063
12,208
12,315
12,556
12,749
3,315
3,659
*3,659
*3,659
2,805
4,858
4,870
5,153
4,816
3,496
222,949
214,304
197,049
193,897
187,759
192,183
186,427
174,023
172,230
168,650
19,232
17,245
13,051
12,268
11,433
7,860
7,611
6,509
6,103
4,774
2,316
2,124
2,434
2,242
2,001
1,358
898
1,032
1,054
901
29,172
27,843
26,602
25,216
22,968
10,309
9,125
8,920
8,042
6,980
12,369
11,872
11,083
10,486
10,317
3,101
3,600
3,600
3,300
2,584
3,393
3,246
3,000
3,389
3,086
168,036
145,119
189,128
197,934
198,400
12,132
13,546
13,418
13,002
12,047
4,209
4,411
4,146
4,835
4,128
1,358
1,413
1,887
2,442
2,538
1,233
1,285
1,375
1,367
1,647
22,288
22,271 i
22,126
21,787
23,758
8,195
7,931
8,076
8,006
9,780
8,945
9,055
8,730
8,193
8,141
2,067
2,067
1,850
2,218
*2,218
3,080
3,218
3,470
3,370
3,620
226,581
228,871
233,033
235,347
242,885
________________
8,303
27,244
28,057
29,139
29,973
29,317
186,968
165,774
209,954
219,580
218,760
„
27,625
205,950
209,250
214,042
215,242
221,527
12,283
12,027
11,922
11,607
11,476
4,127
3,547
3,264
4,301
5,087
2,733
2,593
2,855
3,573
4,049
1,486
1,454
951
623
746
23,711
22,984
23,441
22,048
23,299
10,491
10,395
10,532
10,515
11,657
7,937
7,944
7,774
7,522
6,806
7
2,274
'2,067
^2,067
•1,034
'2,000
3,009
2,578
3,068
2,977
2,836
246,573
263,276
257,329
424,489
439,692
224,864
238,936
227,674
366,795
377,090
11,193
12,000
13,335
24,264
25,477
5,354
6,047
6,989
13,449
14,931
4,377
5,017
5,852
10,836
11,782
785
1,273
3,479
9,144
10,412
26,798
26,377
31,238
54,999
63,741
15,196
*15,196
18,526
33,689
40,304
6,832
6,814
6,948
11,277 •
11,468
'2,000
2,000
3,101
5,424
*5,424
2,771
2,367
2,663
4,609
6,544
468,595
489,753
512,297
541,815
'591,360
19166
1917.
1918
1919
1920
175,190
191,538
211,851
207,327
201,997
217,852
1911
1912
1913
1914
1915
396,767
410,710
425,649
448,753
491,628
28,053
28,296
28,532
28,009
29,123
14,985
21,749
25,556
29,453
33,062
14,087
15,108
16,879
17,312
19,180
14,703
13,890
15,681
18,288
7
18,367
69,121
75,392
90,867
90,404
98,510
46,119
52,145
H64,297
n62,125
'67,375
<5,424
«5,424
i»6,580
H9,275
15
13,195
5,915
6,215
8,706
7,926
7,813
?598, 500
503,523
1627,665
f17)
<")
C17)
96,448
For footnotes see opposite page.
(>7)
11,663
11,607
11,284
11,078
10,127
iilO,008
O7)
(>'}
GOLD
543
NO. 159-GOLD PRODUCTION, BY COUNTRIES AND AREAS, 1910-1941—Continued
[In thousands of dollars. Gold valued at $20,67 per fine ounce through 1933, at $35 thereafter]
Eur ape
Oceania
Year
Total
Australia
New
Guinea
New
Zealand
Other
Oceania
Total
U. S. S. R.
(Russia)
Sweden
Rumania
France
Other
Europe
65,471
39,598
35,580
2
1,707
2,309
1911
1912
1913
1914
1915
60, 184
54,509
53,113
47,569
48,988
48,081
45, 633
42,479
40,247
*378
«378
6,428
7,103
4,712
8,741
36,567
26,444
37,537
37,762
31,493
32,152
22,199
32,738
35,843
28,578
2
20
18
54
25
1,812
1,812
2,127
1,400
1,400
2,601
2,413
2,654
464
1,490
1916*
1917
1918
1919
1920
40,476
34,398
30,812
26,912
22,652
34,429
30,083
26,319
22,075
19,838
211
185
180
246
243
5,836
4,130
4,313
4,590
2,571
24,634
18, 975
12,313
3,960
1,899
22,530
18,011
11,464
3,589
1,529
12
10
10
10
5
1,000
700
500
151
1,091
254
338
211
365
1921
1922
1923
1924
1925
18,673
18,847
18,383
16,537
13,962
15.675
15,618
14,734
13,963
11,561
192
250
*250
45
102
2,806
2,979
3,399
2,529
6
2,299
2,629
5,649
8,058
13,159
13,135
1,362
3,961
6,314
11,298
11,073
1
1
856
889
997
871
827
2
332
350
409
702
408
466
397
581
533
13,482
14,251
13,064
12,090
12,855
10,749
10,423
9,461
8>828
9,646
is132
1,151
1,149
786
676
2,600
2,677
2,454
2,476
2,533
18,611
17,444
11,304
18,073
35,638
15,723
14,232
7,975
14,621
31,030
306
*306
289
7
207
1,240
1,150
1,368
1,295
1,471
1,776
868
930
1,117
'1,117
882
564
608
628
657
710
1931
1932
1933
1934..
1935
...
16,205
20,636
23,932
43,995
48,454
12,304
14,757
17,164
30,671
32,014
1,220
2,452
3,386
7,649
10,419
2,682
3,420
3,344
5,609
5,785
6
38
67
235
39,587
46,224
64,199
155,028
187,005
34,227
40,062
55,814
135,033
167,441
1,860
41,860
2,810
8,837
7,655
1,994
2,266
2,481
4,201
5,020
<882
'897
1,196
3,553
3,206
624
1,139
1,898
3,405
3,683
1936
1937
1938
1939
1940
56,297
63,990
74,444
77,620
79,478
41,344
48,339
55,747
57,599
57,540
7
8,600
8,881
10,142
9,907
11,543
5,760
5,897
5,322
6,263
6,498
593
872
3,233
3,850
3,897
199,539
206,294
203,652
194,433
r
!62,050
^181,055
187,564
183,257
11175,000
7
140,000
5,741
5,652
6,930
7,000
7
7, 298
5,276'
5,829
6,036
5,681
4,576
2,999
2,546
3,057
7
2,975
4,407
4,702
4,372
3.777
17
(")
1910
1926
1927
1928
1929
1930
.
«6,498
4,154 '140,000
I941p.....__. _ . _ _ _ _ _ _ _ . . . _
73,787 1953,160
=09,975
(1T)
O7)
p1 Preliminary.
Includes Philippine Islands production received in United States.
2
Includes Newfoundland production, which amounts to less than 1 million dollars in any year.
3
Includes Bolivian production, which in subsequent years is included in other Latin America.
* Previous year's figure.
6
Figures for several countries in 1916 are estimates of the United States Bureau of the Mint.
6
Amount exported only.
7
Mint estimate.
8
Purchases by Banco do Brasil.
• United States Bureau of Mines estimate.
» Estimated.
11
Yearbook of American Bureau of Metal Statistics.
12
Gold Coast, Nigeria, and Sierra Leone.
!3 Includes Chosen (Korea) through 1940 and Taiwan (Formosa) through 1938.
14
Includes production in Manchuria.
lfi
Estimate of Ministry of Economic Affairs of the Chinese National Government.
16
Southern Rhodesia only.
" Not available.
18
For year ended June 30, 1926.
19
Estimate using previous year's figures for Northern Territory, Queensland, South Australia, and Tasmania.
20
Estimated. Includes previous year's figure for Papua.
(17)
(17)
( )
(17)
BANKING AND MONETARY STATISTICS
544
NO. 160-GOLD RESERVES OF CENTRAL BANKS AND GOVERNMENTS, BY
[In millions of dollars. Gold valued at $20.67 per
1
Australia
Austria Austria- Belgian Belgium Bolivia
Hungary Congo
Brazil
British
India
2.6 |
2.6
2.6
89.6
44.8
24.6
123.9
80.1
67 9
10.6
10 6
11 8
50.7
50.7
51.1
51.4
51.4
2.7
2.8
7.1
6.1
6.1
24.6
24.6
26.2
26.2
32.8
78
90
64
128
116
13
12
12
7
7
1
2
4
1
2
51.5
51.9
52.2
52.5
52.9
6.1
5.9
5.9
5.9
6.6
42.6
46.2
48.7
53.8
54 3
118.3
118 3
108.6
108 6
108 6
7
7
7
7
8
3
4
6
8
0
.7
86.2
99.9
6.9
6.9
56.3
100.7
108.6
119 1
8 5
9 2
16 5
16.7
18 9
18 9
23.8
23 7
23.7
.8
.8
.8
.8
.9
.0
.0
110. 1
111.0
111.9
112.2
113.0
115. S
125.0
6.9
*6.9
*6.9
*6.9
*6.9
*6.9
139.7
139.9
143 1
143.3
145.6
148.4
148.6
119 1
119.1
119 1
119.1
119.1
120 3
124.0
9
9
9
9
9
9
9
4
4
4
4
5
5
5
109.7
110.2
110 5
111.3
108 4
108.3
111.0
116.2
118.8
112.5
97.5
89 5
23.7
23 7
23 7
23.7
23 7
23.7
23 7
23.7
23 7
23.7
23.7
23 7
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
125.8
126.0
126.2
133.7
133.9
139.5
140.7
140.9
142.2
142.8
150.6
163.4
*9.0
*9.0
*9.0
*9.0
*9.0
148.7
150.4
150.4
150.4
150 5
150.6
150,8
151.0
151.1
151.3
151.4
150 4
128.0
128.0
128 1
128.0
128 1
128.1
128 0
128.1
128 1
128.1
128.1
128 1
9
9
9
9
9
9
9
10
10
10
10
10
6
6
7
7
8
9
9
0
0
0
0
0
445.5
448,5
445.0
441.8
441.3
440.3
436.4
433.9
433.9
429.1
417.2
412.0
89.1
123 8
132.7
113 7
92.0
97.5
97.8
97 9
98.5
79.5
75.0
75,3
23 7
23 7
23 7
23 7
23.7
23 7
23.7
23 7
30.2
30 2
30.2
30 2
163.6
163 8
164.1
164 4
166.8
167 0
167.3
168 2
173.4
180.0
180.3
190 8
3.
1
138 6
126 6
126.5
89 8
89.9
89 4
79.8
68 7
64.7
31 8
20.3
10 5
128 3
128 3
128 3
128 3
128 3
128 3
128 3
128 3
128.3
128 3
128.3
128 3
10 0
10 1
10 1
10 1
10 2
10 2
10 2
10 3
10.3
10 4
10.4
10 5
397.3
389.6
378.4
369.9
362 2
350.3
322.1
309.3
281.2
269.8
264.8
252.7
75.7
76.2
76.6
73.8
74 3
75.2
65.6
51.6
51 8
52.6
51.5
51.6
30.2
30 2
30.2
30 2
30 2
30 2
30.2
30 2
26 7
26 7
26.7
26.7
128.3
128 3
135.2
141 4
147 3
150 7
158.0
161 8
161 8
161.8
161.8
161 8
10.5
10 5
10.6
10 7
10 7
10 8
10.8
10 9
10 9
10.9
10.9
10.9
251.6
248.9
248.9
248 9
248.9
248.8
248.8
248 8
248.8
248.8
248 8
248.8
51.5
51.7
51 6
51 6
51.9
51.9
42.2
42 3
42.4
42.1
42 0
42.1
25 2
25 2
25 2
25 2
23 1
21 0
21.0
21 0
21 0
21 0
21 0
21.0
161 8
161 8
161 8
161 9
161 9
161 9
161.9
161 9
161 9
161 9
161 9
161 9
10.9
10 9
10 9
10 9
10.9
10 9
10.9
10 9
10.9
10 9
10 9
10.9
42.1
42 1
20 9
3.5
3.2
3.2
3.3
3.3
3.5
3.3
3.6
3.3
21 0
21 0
21 0
21 0
21 0
21.1
21.1
21.1
23 9
23 9
23 9
26.6
10 9
10 9
10 9
10.9
10 9
11.0
11.0
11.0
H 0
HI 0
8.3
248.8
248.8
248 8
248.8
248.8
248.8
248.8
248.8
248.8
248.8
243.9
239.1
8.3
239.1
3.5
26.6
Algeria
Argentina
1,290.4
1,206 5
1,706 9
8.2
5.2
5 4
256.1
241.5
238 9
22.0
39.0
73 6
251.4
213.8
138.8
48.1
51.0
50.7
7
9
4
4
6
2,202 2
2,523.1
2,657 9
2,517.7
2,451 2
5 6
265 5
288.0
304.5
336.7
473 9
78.4
85.8
104.0
116.9
122 4
58.8
53.7
53.1
45.1
1921— Dec
1922 Dec
1923 — Dec
1924 Dec
1925 Dee
8,044.5
8,417 7
8,653.2
8,976 9
8 997 6
3,221.2
3,505 6
3,833.7
4,090 1
3 985 4
5.9
5.9
5.9
5.9
472.4
472.5
466.5
443.9
450 6
124.2
127.3
131.2
129.6
162 5
(5)
1.3
1.6
1926— Dec
1927 Dec
9,234 0
9 593 4
4,083.4
3,977 2
.3
3
6,1
450.6
529.1
109.6
106.0
11 9
9 791 4
9,882 3
9 925 3
9,970 8
9,994.5
10,043 1
10,058 0
3,732 1
3,737.2
3,749 3
3,752 0
3,769.1
3,753 9
3,746.1
3
,3
3
2
.2
2
.2
6 1
7.3
7.3
8
8.
622.0
621.6
621 2
620.9
610.7
610.5
607.3
110.7
111.1
110.9
107.7
107.4
107.7
109.4
10,088.4
10,111 7
10 138 3
10,095 7
10,163 1
10,170.0
10,191 3
10,280.5
10,304 8
10,336.0
10,338 4
10,336 2
3,745.6
3,775 9
3,813 6
3,888.7
3,930 9
3,955.9
3,974 4
3,995.0
4 007 9
4,023.0
4,002.9
3,900 2
.2
.2
3
.3
3
.3
3
.3
3
.3
.3
3
8.
8.
8
8.
8
8.
8
8.
8.
8.
8.
8
605.1
602.6
585.3
569.2
560.2
524.9
512.7
507.0
495.6
476.4
450.7
433.9
10,400 7
10,470 0
10,546 8
10,612 2
10,653.0
10,711 5
10,742.4
10,824 6
10,860.2
10,888 9
10,932.1
10,944 7
3,921 2
3 987 8
4,060.5
4,131 3
4,158.7
4,177 6
4,160.4
4,147 7
4,159.5
4,184 3
4,220.5
4,225 1
.3
3
.3
3
.4
4
.3
3
.3
4
.4
4
8.
8
8.
8
8.
8.
8.
8.
8.
8.
8.
8.
10,992.5
11,050 4
11,114.3
11,145 1
11 255 0
11,302 4
11,251.1
11,328.0
11,308 4
11,173.4
11,284.0
11,324.3
4,285 3
4,309 0
4,343.2
4,373 5
4,445 4
4,592 9
4,586.5
4,632.0
4,?64 4
3,905.3
4,031.4
4,051.5
.4
4
.4
4
4
.4
.5
.6
6
.8
1.0
1.0
8.
8.
8.
8.
8
8.
8.
8.
11,375 6
11,454 2
11 535 8
11 551 7
11,453 0
11,384 8
11,456.9
11 600 0
11,731.1
11,825 6
11,897 8
11,933.6
4,009 0
3,947 3
3,986 1
3,955 5
3,717 2
3,465 8
3,522.5
3 638 8
3,748.1
3,819 1
3,885 1
4,044.5
1
1
1
1
8
8
8
8
8
8
2
2
2
2
2
2
8
8
8
8
8
2
2
2
2
2
11,956.5
11,770 9
11,967 8
12,005.2
11,946 0
11,916.6
12,005.5
12,063.0
12,113,3
12,131 4
12,035 8
12,004.8
4 074 2
3,808 5
3 915 8
3,977 0
3,991 5
3,996.6
4,000.6
4,009.2
4,011 4
4,011 2
4,012 0
4,011.9
Total
United
States2
1913— Dec...... ...
1814 -Dec
1915 Dec
4,859.0
5,344 6
6 241 3
1916 -Dec
1917 -Dec
1918 Dec
1919 Dec
1920 Dec
6 630
7,147
6 816
6,805
7 255
Date
1928
June
July
Aug
Sept
Oet
Nov
Dec
1920— Jan.
Feb
Mar
Apr
May
June
July
Aug.
Sept
Oct.'
Nov
Dec
1930— Jan
Feb
Mar
Apr
May
June
July
Aug
Sept.
Oet
Nov.
Dec
1931—Jan.
Feb
Mar.
Apr.
May
June
July..,
Aug.
Sept
Oct.
Nov
Dec.
1932— Jan.
Feb.
Mar
Apr
May
June
Aug
Sept.
Oct.
Nov
Dec.
1933— Jan.
Feb,
Mar
Apr.
May
June
July
Aug.
Sept.
Oct.
.
Nov
Dec.
1934—Jan.
12,028.9 1 4,033.3
Albania
5.8
58
5.9
5 9
(5)
5 9
0
0
0
0
1.1
11
.1
1
1
1
1
.1
1
1
1
1
4
.4
.4
.4
4
4
4
.4
1.4
6 0
7.2
7 3
8 2
8 2
8.2
8 2
8.2
8 2
8 2
8 2
8.2
8 2
8.2
8.2
8.2
8 2
8 3
8 3
For footnotes see end of table, pp. 554-55.
NOTE.— Figures for other countries are shown on pp. 550—55.
(»)
2 1
7.4
1.
1.
1.
1.
11
1.1
1.1
1.1
1 0
2.2
2.2
2.3
2.3
9.4
7.0
7.0
3.
3.
3.
3.
j
j
14
1.7
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
10
1.0
1.0
1.0
10
4.4
4.4
5.0
5.7
6.2
2
.2
1
3
2
j
3
.1
.1
6 3
6 7
1.1
7
2
4
.2
7 3
2
(6)
.2
5 2
5.2
2
.2
4.9
.1
1.7
362 1
365 6
371 0
371.3
371 3
372.2
374.0
375.3
376 4
376 7
378 2
380.0
3.5
3.6
3.3
2.5
2.5
2.0
2.1
1.5
1.5
2
.2
.1
.4
.6
.2
.3
.2
.4
.2
161 9
161 9
161 9
162 0
162 0
162.0
162.0
162.0
162 0
162 0
162 0
162.0
1.7
381.6
1.5
.5
162.0
2
2
2
2
2
3
3
3
3
3
2
2
1
1
1
1
9
7
2.2
1.7
1 7
1 7
1 7
1.7
\
191.3
196 8
. 200.1
200.9
201 3
199 4
213.8
220.8
346 4
356.9
355.6
354.4
9.0
1
1
2
8 1
2
1 7
1.7
1.7
17
17
17
352.3
351 3
349 5
350 7
353.3
356 7
365.3
363 5
359.0
362 9
362 5
360.8
7.1
7.3
7.3
6.7
6.5
4 5
4 5
Bulgaria
no
11.1
11.1
GOLD
545
COUNTRIES, DECEMBER, 191M927; MONTHLY, JUNE 1928-DECEMBER 1941
fine ounce through January 1934, at $35 thereafter]
China
Colombia
Czechoslovakia
Danzig
Denmark
Ecuador
Egypt
El
Salvador
Estonia
Finland
Germany
Date
Canada
1913— Dec
1914— Dec.
1915— Deo
116 6
99,1
126 5
(3)
1.3
1.3
19 7
24.5
29 8
10 5
21.6
35 7
7 0
8.2
8 2
678 9
802 6
968 0
278 7
*498.5
582 4
4 8
71
10 9
1916— Dec
1917— Dec.
1918— Dec
1919— Dec.
1920— Dec.
131 6
139.8
129.8
129.7
112.6
13
9.0
23.4
24.4
32.9
42 8
46.6
52.2
60 8
61.0
29 6
19.2
16.5
16 5
16.5
2.4
8 2
8 2
8.2
82
8.2
652 9
639 7
664.0
694 8
685 5
600 4
573.2
538.9
259 5
260.0
11 4
11 9
10.2
10 7
10.8
1921— Dec
1922— Dec.
1923— Dec.
1924— Dec.
1925— Dec.
95.1
146.6
127.2
151,5
156.8
34.0
34.0
34.0
34.0
34.0
4.9
9.3
14.6
12.5
20.5
26.9
27.1
27.1
61.2
61 2
56.2
56 1
56.1
16.5
16 5
16.5
16 5
16.6
2.0
2.8
3.0
4.4
5.4
.1
1.5
*1.S
1.4
1.3
8.2
8 4
8.2
8 4
8.4
690.1
708 4
709.5'
710 4
711.0
237.1
239.4
111.2
180.9
287.8
10.8
10 8
12.0
12 4
12.7
1926— Dec.
1927— Dec.
158.1
152.0
10.3
7,4
18.4
20.5
27.2
29.8
1928 —June
July . .
Aug.
Sept
Oct.
Nov. „ ..
Dec.
104.4
98.4
100.5
105 6
107.6
132.9
113.9
7.3
7.4
7.4
7 4
7.4
7.4
7.4
22 8
23.7
23.9
24 0
24.3
24.4
24.3
29 8
30.3
31.3
32 6
32.5
32.6
34.4
1929—Jan.
Feb.
Mar
Apr.
May.. .
June
July..
.
Aug.
Sept
Oct..
Nov.
Dec
78.6
78 3
77.6
78.1
78.4
76.3
76.4
76.9
77 1
77.3
77 6
77.6
7.4
7.4
7.4
7.4
7.5
76
7.6
7.7
7 7
7.7
7 7
7.7
24.5
24 6
24.7
24 9
25.1
25 2
25.3
25.5
24 3
22.9
22 8
21.8
34.3
34 3
34.3
34.3
34.3
34.3
34.3
34.3
34 3
35.3
37 3
37.4
1930—Jan.. .
Feb.
Mar..
Apr
May.. . .
June.
July
Aug..
Sept.
Oct....
Nov.
Dec.... .
77.9
78.4
78.5
79.3
80.1
80.9
94.2
100.4
109.9
121.8
129.1
109.8
7.7
7.7
7.7
7.7
7.7
7.7
7 7
7.7
7.5
7.5
7.6
7.5
20.7
20 7
20.0
20.3
20.7
20.0
19 8
19.6
20 0
19.1
17 8
17.0
37.3
37 4
37.4
37.4
38.9
38.9
41 9
41.9
41 8
43.8
45 8
45.8
1931— Jan,
Feb....
Mar.
pr..__
May.. .I.
June.. .
July..
Aug.
Sept.
Oct
Nov..
Dec. .
91.5
93.7
96.3
99.3
101.9
86.6
86.9
88.6
82.9
86.3
82.1
77.6
7.5
7.5
7.5
7.5
7.6
-7.7
7.7
7.7
77
8.1
8.1
12.1
45 7
45.7
45 6
45.6
45.6
45.6
45 5
45 3
45 0
45.9
46 4
48 8
Sept..
Oct.
Nov.
Dec.
79 8
77.6
76.7
76.9
77 8
78 3
78.8
79.6
80.9
84.6
86 3
84 1
12 1
11.4
11.5
11.6
11.6
11 6
11.7
11.7
11.3
10.5
10 1
10 2
*8
*8
1.2
1.6
1.9
2 0
1l
1.3
2.0
17
12
16
2 7•
14 4
14.7
12 2
12 5
9.6
9.8
10 1
10 4
79
10.7
10 4
8 9
65
6.9
7.3
7.7
10 7
12 5
13.0
13.4
12 8
11 3
11 6
11 9
48 8
48.7
48 6
48.6
48 6
48 6
48.6
48 6
49 1
49 1
50 1
50 5
1933—Jan...
Feb.
Mar.
Apr
May
June
July
Aug.......
Sept
Oct
Nov
Dec
84.3
83.7
81 0
77.1
77.1
76 8
77.1
77.1
77.1
77,5
77.3
77.1
10.3
10 4
10 5
10.7
10.7
10 9
11.0
11.0
11.4
IIA
11.6
17
8
18
3.5
3.7
39
3.6
2.5
3.4
5.4
7.9
5.2
12 4
12 7
13 3
13.9
14.4
14 8
14.9
15.1
15.2
14.8
14.5
13.9
1934—Jan
77.0
11.7
7.8
14.3
1932— Jan.
Feb
Mar....
Apr
May
June
July
Chile
2^8"
4.5
1
--0
0
.0
o
.0
10
1.0
2 5
5.6
6 7
9
1.2
*1.2
*1 2
2 5
34
.8
*;8
(B)
(6)
France
Greece
C6)
56.0
48.8
2.0
17.5
18.5
5.9
5.1
1.4
1.4
8.3
8.0
711.1
954.0
436.2
444.2
13.0
14.7
6
48 7
48.7
48 7
46 3
46 3
46.3
46 3
1.0
1.0
1.0
10
1.0
1.1
1.1
18 7
18.8
18 8
18 9
18 9
17.5
17.7
5.1
5.1
5.1
51
5.1
5.1
4.9
2.8
2.7
2.7
2.7
2.7
1.7
1.7
78
7.8
7.8
7 7
7.7
7.7
7.7
1,136 4
1,172.8
1,189.8
1,200 4
,206.8
,238.7
,253.5
496.4
524.0
535.5
571.0
603.3
624.9
650.1
6.7
6.9
6.9
70
7.1
7.1
7.2
46 3
46 3
46.3
46 3
46 3
46 3
46.2
46.2
46 2
46 2
46 2
46.2
1.
1.
1.
1.
1.
1.
1.
1.
1
1.
1.
1.
17.8
17 8
17.8
17 9
18.0
18 0
18.1
18.2
18 4
18 6
18 8
18.8
.9
.9
.9
.9
.9
.9
.9
.9
9
.9
9
.6
.7
.7
.7
.7
.7
.7
.7
.7
.7
.7
.7
.7
7.7
7.6
7.6
7.6
7.6
7.6
7.6
7.6
7 6
7.6
7 6
7.6
,332.6
,334.3
,340.1
,402.9
,434.6
,435.7
,462.1
,526.1
,544 9
,570.0
,599 7
,633.4
650.1
650.0
639.0
450.6
420.3
455.3
511.7
620.1
526.9
531.0
633.7
543.8
7.3
7.3
7.3
7.4
7.6
7.7
7.9
8.0
8.1
8.2
8.3
8.3
46.2
46 2
46.2
46.2
46.2
46 2
46 2
46.2
46 1
46.
46
46.
1.
1,
1.
1.
1.
1.
1.
1.
1.
1.
1.
1.
18.9
19 0
19.0
19.0
19.1
19.3
19 5
19.6
19 7
19.9
20.0
20.1
.6
.6
.6
.6
.6
.6
.6
.6
4.6
4.6
4.6
3.7
.7
.7
.7
.7
.7
.7
.7
.8
.8
.8
.8
.8
7.6
7.6
7.7
7.6
7.6
7.6
7.6
7.6
7.6
7.6
7.6
7.6
,682.5
,679.9
,668.2
,660.2
,717.3
,726.8
,775.1
,851.9
,898.5
.991.6
2,037.1
2,100.2
647.2
582.3
594.5
611.1
617.2
623.8
623.8
623.8
590.6
519.3
519.3
527.8
8.4
8.4
8.2
8.1
7.8
7.5
7.4
6.7
6.8
6.8
6.9
6.6
46
46.
46
46.
46
46 0
46 0
46 0
44 0
44 0
38 7
38 7
1.
11
1.1
1,1
1.1
20.2
20.4
20 5
20.5
20 6
20.8
20 9
20 8
20 9
20.9
20 9
20 9
3.7
3.7
3.7
3.7
3.7
3. -7
3.7
3.7
37
3.7
3.7
3.5
.8
.8
.7
.7
.7
.8
.8
.8
8
1.8
1.8
1.8
7.6
7.6
7.6
7.6
7.6
7.6
7.6
7 6
76
7.7
7.7
7.7
2,176.0
2,192.2
2,199.8
2,180.1
2,180.9
2,211.9
2,289.6
2,295.7
2,326.4
2,534.2
2,659.5
2,699.4
534.6
544.3
553.4
564.2
569.4
338.5
324.7
325.4
309.8
272.6
239,4
234.4
6.7
6.7
6.5
6.3
6.3
6.3
6.4
6.4
6.4
11.3
11.3
11.3
4.2
4.2
7.2
7 4
6.2
4.2
4.2
4.2
42
4 2
39 4
38 7
38 7
38.7
38 7
35 9
35 7
35 7
35 7
35 7
35 7
35 7
11
2.0
2.7
2.8
28
2 8
2.9
2.9
2.9
2 9
2 9
30
20 9
22.6
30 8
31.7
32 9
32 9
32.9
32.9
32 9
32 9
32 9
32 9
35
3.5
3.5
3.5
3.5
35
3.5
3.5
3.5
3.5
35
36
2 0
2.0
2.0
2.0
2.0
3
3.
3.
3.
3.
3.7
41
7 7
7.7
7.7
7.7
7.7
7 7
7.7
7.7
7.7
7 7
7 7
7 7
2,807 7
2,942.3
3,011.8
3,052.2
3,115.2
3,218 3
3,221.0
3,223.8
3,241.1
3,250.0
3,267.0
3,254 2
225.8
221.2
209.3
204.6
205.5
198.2
182.5
183.0
189.7
194.7
197.0
192.0
11.3
11.3
9.3
6.4
6.4
6.7
6.9
7.0
7.1
7.4
7.6
7.6
50 6
50 6
50 6
50.6
50.6
50 6
50.6
50 6
50.6
50.6
50.5
50 6
4.2
4.4
45
4.5
6.2
62
6.8
6.5
6.2
6.0
5.8
5.8
35 7
35 7
35 7
35.7
35.7
35 7
35.7
35 7
35.7
35.7
35.7
35 7
3.0
3.0
30
3.0
2.9
29
2.9
2.9
2.9
2.9
2.9
2.9
32.9
32 9
32 9
32.9
32.9
32 9
32.9
32.9
32.9
32.9
32.9
32.9
3.6
3.6
36
3.6
3.6
3.6
3.6
3.6
3.6
3.6
3.6
3.6
4.1
4.8
4.8
4.8
5.0
5.0
5.2
5.2
5.2
5.4
5.4
5.4
7.7
7.7
7 7
7.7
7.8
7.8
8.1
8.1
8.1
8.1
8.1
8.1
3,221.0
3,175.9
3,152.0
3,169.9
3,173.3
3,184.7
3,213.5
3,223.3
3,218,1
3,176.5
3,050.6
3,022.2
195.8
183.2
175.9
97.8
88.7
45.0
58.3
73.2
87.5
94.3
96.6
92.0
6.8
8.4
8.9
11.4
13.1
14,3
17.3
19.0
21.0
21.0
23.5
23.6
50.5
5.9
35.7
2.9
3J.9
3.6
5.4
8.1
3,020.6
89.6
22.0
)
6)
6
)
B
)
4
6
t(o)
i)
6)
6)
6
)
;6)
6
)
M
(6)
-
W
(5)
(')
B
C6 ))
(
(6)
'(•)
6
( )
(6)
(*)
C6)
(6)
2.1
31
4.2
4.3
4.2
4.2
: 4.2
BANKING AND MONETARY STATISTICS
546
NO. 160-GOLD RESERVES OF CENTRAL BANKS AND GOVERNMENTS, BY
[In millions of dollars. Gold valued at $20.67 per
I
United
States
Date
1934— Jan.7
Feb.
Mar.
Apr.
May
June
Albania Algeria
Argentina
Australia
Austria
Belgian Belgium Bolivia
Congo
6,828.8
17,438.3
7,694.4
^7,756.6
7,779.0
7,856.2
7,930.6
7,977.9
7,978.3
8,001.8
8,131.7
8,238.0
2 4
2.4
24
2.3
2.3
2.3
2 3
2.3
2.3
23
2.3
2.3
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
404.7
404.7
404.7
404.7
404,7
404.7
404.7
403.4
403.4
403.4
403.4
403.4
5.9
6.0
5.5
5.5
5.6
5.4
5.6
5.6
5.7
5.2
5.4
5.6
45.0
45.0
45.1
45.2
45.2
45.3
45.3
45.3
45.3
45.4
45.4
45.4
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
646.2
638.9
635.5
636.4
635.3
624.5
618.1
623.1
626.4
609.2
589.2
589.8
2.6
4.2
4.3
4.3
4.4
2.4
2.7
2.7
2.7
2.8
2.8
2.8
8,391.3
8,526.6
8,567.0
8,710.4
,_ 8,858.5
9,115.6
9,143.5
9,203.0
9,368 0
9,693.3
9,920.0
10,125 2
2 3
2.3
23
2.3
2.5
2.5
2.5
25
2 5
2 5
2.5
2 5
14.1
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
403.4
403.4
403.4
403.4
420.4
420.4
420.4
420.4
420 4
441.1
441.1
443.7
5.2
5.2
5.5
5.5
5.5
5.8
5.5
5.5
57
5.4
5.4
5.6
45.4
45.4
45.4
45.4
45.4
45.4
45.4
45.4
45.5
45.5
45.5
' 45.8
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
598.7
595.8
531.7
517.5
605.3
634.0
624.1
611.8
603.8
609.2
614.6
610.5
2.8
2.9
2.9
2.9
2.9
3.0
3.3
3.1
3.2
3.3
3.3
3.4
1936—Jan.
Feb.
Mar.
Apr.
May . .
June
_______
July
Aug.
Sept..
Oct.
Nov
Dec.
10,182.4
10,166 9
10,184.0
10,225 1
10,401.8
10,608.4
10,647.6
10,716 0
10,845.1
11,044.7
11,184.3
11,257 6
25
2 5
2.5
2 5
2.5
2.5
2.5
2 5
2.5
2 5
2.5
2 5
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
14.0
443.7
443.7
437.9
437 9
437.9
435.2
435.6
441 1
436.9
455 5
451.8
500 7
2.0
2.9
3.0
3.2
3.1
3.2
3.3
2 9
2.8
2.6
3.4
3.7
45.8
45.8
45.8
45.8
45.8
45.8
45.8
45.8
45.8
45.8
45.8
45.7
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
600.4
593.1
586.2
581.2
609.7
637.7
633.3
631.7
631.5
621.2
630.1
631.9
1937—Jan,
Feb
Mar. . „
Apr
May
June
July
Aug.
Sept
_
Oct.
Nov
.
Dec
11,357.7
11,435.9
11,573.8
11,799.3
11,990.5
12,318 3
12,445.6
12,567 2
12,741.5
12,803.4
12,774.1
12,760.2
2 5
2.5
2 5
2.5
25
2 5
2.5
2 5
2.5
2 5
2.5
2.5
14.0
14.0
14.0
14.0
14.
14.
14.
14.
14.
14.
14.
14.
487.1
489.3
487.2
493.8
483.1
496 1
486.8
476 8
481.1
479.3
470.7
469.0
3.5
3.0
2.7
2.7
2.8
2.8
3.1
3.1
3.3
3.3
3.3
2.9
45.7
45.7
45.7
45.7
45.7
45.8
45.8
45.8
45.8
45.8
45.8
45.8
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
2.9
4.6
4.6
4.6
12,755.5
12,776.2
12,794 7
12,868 9
12,918.8
12,963 0
13,017.4
13,135 7
13 759 6
14,064 5
14,312.1
14,511 6
2.5
2.5
2 5
25
2 5
2 5
2 5
25
2 5
2 5
2.5
2 5
14.
14.
14.
14
14.
14.
14.
14.
14
14.
14.
14
462.7
457.7
447 3
442 4
439.9
439 5
434.7
434 7
434 7
434 0
434.0
431 2
3.0,
3.0
2 9
32
3.0
2 8
2.9
32
32
33
2.9
2 6
45.8
45.8
45.8
14,681.7
14,874.4
15,258 2
15,790 6
15,956.7
16,110.1
16,238.0
16,645.7
16,931 5
17,091.4
17,358.5
17,643.6
2.5
25
2 5
2 5
2.5
2.5
2.5
25
2 5
2.5
2.5
2 5
14.
14.
14.
14.
14.
14.
14.
14.
14.
14.
14.
14.
431.2
431.2
427 8
427 8
427.8
427.8
427.0
431 2
448 7
448.7
452.6
466.0
2.8
2.8
2.9
31
3.0
2.9
3.1
3.1
4.6
4.3
3.2
4.2
. „
July
Aug.
Sept..
Oct
Nov.
Dec
-
„_
.
-
1935— Jan.
Feb.
Mar
Apr.
May
June
July
Aug.
Sept
Oct.
Nov
Dec.
1938—Jan.,
Feb
Mar. .
Apr,
May
June
July
Aug.
Sept
Oct.
Nov.
Dec
1939_Jan.
Feb.
Mar.
Apr
May . _
June
July
Aug.
Sept. "
Oct
Nov.
Dec.
_
.„
„
„. _ _
_
For footnotes see end of table, pp. 654-55.
NOTE,—Figures for other countries are shown on pp. 550-55.
8
Brazil
British
India
Bulgaria
274.4
274.4
274.4
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
18.9
18.9
18.9
18.9
18.9
18.9
18.9
18.9
18.9
18.9
18.9
18.9
8.3
8.9
9.6
10.3
11.0
11.9
12.7
13.8
14.5
15.3
16.0
16.7
274,5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
18.9
18.9
19.1
19.1
19.3
19.3
19.3
19.3
19.3
19.3
19.3
19.4
3.4
3.5
3.5
3.6
3.6
3.6
3.7
3.7
3.7
3.7
3.7
3.9
17.2
17.8
18.8
19.4
20.1
20.6
21.4
22.1
22,7
23.3
23.9
24.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
10.4
19.4
19.4
19.4
19.6
19.6
19.6
19.6
19.7
19.7
19.7
20.2
625.3
625.5
618.9
606.7
608.7
625.2
617.4
607.1
590.4
572.5
569.8
597.4
3.9
4.0
2.8
2.9
2.9
3.0
2.9
3.0
3.1
3.1
3.2
3.1
25.1
25.6
26.2
27.0
27.5
28.1
28.7
29.2
29.9
30.4
31.1
31.6
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
20.8
21.4
21.4
21.4
21.5
21.9
22.0
22.4
22.4
22.8
23.2
24.3
4.6
4.6
4.6
4.6
5.6
5,6
5.6
5.6
56
5.6
5.6
5.6
598.9
592.8
530.9
529.4
456.4
480.7
500.8
516.5
539.1
562.4
584.1
581.0
3.1
3.1
3.1
3.2
3.2
3.3
3.3
3.3
3.3
3.3
3.4
3.4
32.2
30.2
30.8
31.3
31.9
32.5
33.0
33.7
34.4
32.6
33.5
32.4
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
24.3
24.3
24.3
24.3
24.3
24.3
24.3
24.3
24.4
24.4
24.4
24.5
5.6
5.6
5.6
5.6
5.6
5.8
5.8
5.8
5.8
5.8
5.8
5.8
582.2
588.4
518.5
519.6
523.6
540.1
573.1
614.0
615.0
610.7
608.4
609.1
3.4
3.4
3.5
3.6
3.5
3.6
3.6
3.6
3.4
3.6
3.7
3.7
32.9
32.6
33.4
33.8
32.9
33.7
34.4
35.4
36.2
37.3
38.3
39.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
274.5
24.5
24.5
24.5
24.5
24.5
24.5
24.5
24.5
24.5
24.5
24.5
24.5
.8
1.0
1.4
1.8
2.3
2.7 i
3.4
4.5
5.2
6.2
6.9
7.5
GOLD
547
COUNTRIES, DECEMBER, 1913-1927; MONTHLY, JUNE 1928-DECEMBER 1941-Continued
fine ounce through January 1934, at $35 thereafter]
Canada
Chile
China
Colombia
Czechoslovakia8
Danzig
Denmark
Ecuador
Egypt
El
Salvador
Estonia
Finland
France
Germany
Sept.
Oct. ..
Nov...
Dec.
130.4
129.9
130.2
130.5
130.4
132.3
132.7
131.3
131.3
132.0
133.4
133.9
19.8
20.1
19 9
20.0
20.2
20.2
23.8
27.6
28.2
28.8
28.7
28.9
13.1
13.1
9 4
10.9
7.9
8.3
8.4
9.6
10.2
11.8
10.8
7.3
24.2
24.2
24.6
23.5
23.9
25.0
26.3
25.9
24.2
21.8
21.1
19.3
85.7
111.5
111.2
111.3
111.3
111.3
111.3
111.3
111.4
111.8
111.9
112.0
9.9
9.9
9.9
8.6
8,9
8.9
8.9
8.9
8.6
8.6
7.9
7.8
60.4
60.4
60.4
60.4
60.4
60.4
60.4
60.4
60.4
60.4
60.4
60.4
4.9
5.1
5.6
5.7
5.8
5.2
5.3
5.3
5.2
5.3
5.2
5.4
55.8
54.8
54.8
54.8
54.8
54.8
54.8
54.8
54.8
54.8
54.8
54.8
6.
6.
6.
6.
6.
6.
5.6
5.6
5,6
6.0
6.0
6.0
9.1
9.3
9 3
9.3
9.3
9.3
9.3
9.3
12.6
12.6
12.6
12.6
13.7
13.7
13.7
13.7
13.7
13.7
13.7
13.7
13.7
13.7
13.7
13.7
5,108.7
4,904.3
4,946 9
5,022 6
5,136.0
5,274.0
5,320,7
5,439.0
5,455.2
5,468.1
5,443.0
5,444 8
151.7
134 5
95 6
82\7
52.5
28.3
30 2
30.2
30 3
33 3
31.7
31 9
37.2
37 7
38 7
40 7
42.5
43.0
34 5
35.5
35 8
37.2
39.5
39 7
1935— Jan.
Feb.,
Mar.
Apr...
May
June..
July
Aug. .
Sept...
Oct.
Nov...
Dec..
131.8
135.0
*190.0
187.5
188.6
187.9
188 0
392.8
186.4
186.5
187.8
189,0
29.2
29.2
29.2
29.2
29.2
29.3
29 3
29.3
29.3
29.3
29.3
29.3
9.6
8.0
8.9
8.9
11.6
10.0
63
5.1
6.9
7.7
10.6
9.7
15.2
14.5
13.7
13.6
14.4
14.2
14.2
14.2
14.5
15.3
15.9
15.7
112.1
112.2
112.2
112.3
112.3
112.5
112.7
112.6
112.6
112.5
112.5
112.5
6.8
6.6
6.6
4.4
4.4
3.0
3.2
3.2
3.2
3.3
3.9
3 9
60.4
60.4
60.4
60.4
60.4
60.4
60 4
53.5
53.5
53.5
53.5
53.5
5.4
5.1
5.1
5.1
5.5
5.9
4.4
5.1
5.5
5.9
4.5
4.1
54.8
54.8
54 8
54.8
54.8
54.8
54 8
54 8
54.8
54 8
54.8
54 8
6.0
6.0
6.0
6.0
6.0
6.1
6 2
6.2
6.2
6.2
6.3
0.4
12.6
12.6
13.0
13.1
14.3
14.9
14 9
14.9
15.5
15.5
15.5
15.5
13.7
13.7
13.7
13.7
13.7
13.8
13 8
17.1
19.6
19.7
19.9
20.1
5,437.5
5,439.2
5,478 7
5,365.8
4,758.9
4,708.5
4,725 6
4,756.5
4,770.4
4,772.9
4,388.4
4,395 4
32 2
32.3
32 6
33 0
33.2
34.5
37 9
38.2
38.2
35 4
35.6
33 3
39 3
38.7
37 6
37.0
36.6
35 8
35 6
35 5
35.6
36 0
34.9
34 2
193G— Jan....
Feb...
Mar.
Apr
May
June..
July
Aug..,
Sept.
Oct....
Nov.
Dec...
185.6
185.9
184.4
186.8
187.8
187.1
187.2
189.0
190.5
186.0
188.4
188.4
29.3
29.3
29.3
29.3
29 3
29.4
29.4
29.4
29 4
29.4
29 4
29.5
11.0
15.0
15.0
15.1
17.1
13.1
13.1
14.8
19 3
6.4
73
7.9
17.1
18.0
17.6
17.0
15.9
16.2
16.5
16.5
16.6
16.9
17.9
19.1
112.5
112.4
112.5
112.6
112.7
112.7
112.8
108.6
108.5
91.0
90.9
91.0
3.9
3.9
39
3.9
3.9
3.9
3 9
4.0
55
5.6
56
5.6
53.5
53.5
53 5
53.5
53 5
53.5
53 5
53.5
53 5
53.5
53 5
53.5
3.5
3.6
3.5
3.3
3.1
3.2
3.2
3.1
3.1
3.1
3.1
3.1
•54 8
54.8
54 8
54.8
54 8
54.8
54 8
54.8
54 8
54.8
54 8
54.8
6.4
6.4
6.4
6.5
6.5
6.5
65
6.5
6 5
6.5
6.5
6.5
15.5
15.5
15 5
15.5
15.5
15.5
15.5
15.5
15 5
15.5
15 5
15.5
20.7
20.8
21.4
21.4
21.4
22.6
23 7
24.8
28.2
28.2
28 2
30.4
4,324.3
4,361.8
4,348.4
4,106.4
3,780.5
3,580.1
3,642 6
3,614.1
3,322 4
3,193.7
3,193.7
2,995.2
30.9
28.9
29 0
28.2
28 2
28.9
29.0
28.0
25 4
26.0
26 7
26.8
33.8
33.3
32.3
32.1
34 8
32.7
30 5
28.5
26 9
26.1
25.9
26.3
1937—Jan... _ .
Feb.
Mar...
Apr..
May-__
June.,
July
Aug._
Sept
Oct
Nov.
Dec...
190.4
190.7
194.0
198.6
192.9
186.8
187.5
187.8
185.7
186.9
186 9
184.4
29.5
29.5
29.5
29.5
29.5
29.6
29 6
29.6
29.6
29.6
29 6
29.7
9.1
9.9
12.3
16.1
18.5
16.4
54 7
46.3
30.8
20.5
15.6
16.1
20.4
21.6
22.9
18.5
14.2
15.6
14.8
16.3
15.5
16.4
15.4
16.4
90.9
90.8
90.7
90.6
90.5
90.5
90.4
90.4
90.3
90.2
90.6
92.2
5.5
5.6
5.6
5.6
5.6
5.3
53
5.3
5.3
5.3
5.3
5.4
53.5
53.5
53.5
53.5
53.5
53.5
53 5
53.5
53.5
53.5
53 4
53.4
3.2
3.2
3.3
3.4
3.4
3.5
3.5
3.6
3.7
3.7
3.8
3.8
54.8
54 8
54.8
54.8
54.8
54.8
54 8
54.8
54.8
54.8
54 8
54.8
6.5
6.6
6.6
6.6
6.6
6.6
6.6
6.6
6.6
6.6
6.6
6.6
15.5
15.5
15.5
15.5
15.5
15.5
15.5
15.5
15.5
15.5
15.5
15.5
30.4
30.4
30.5
30.5
30.3
27.7
26.6
26.6
26.5
26.4
26.4
26.4
2,846.3
2,846.3
2,846.3
2,846.3
2,846.3
2,722.3
2,422.0
2,423.7
2,427.5
2,427.5
2,563.5
2,563.6
27.0
27.1
27.3
27.6
27.7
27.8
27.9
28.2
28.3
28.3
28.4
28.5
26.3
26.9
27.0
26.8
28.1
22.5
23.7
23.8
23.9
23.9
24.2
24.3
1938— Jan.
Feb.. .
Mar.,..
Apr.
May...
June.
July
Aug....
Sept....
Oct.. .
Nov. .
Dec.
185 9
188.3
185,7
188.5
187.4
185.0
189.3
189.7
186.5
187.6
186.1
192 0
29 7
29.7
29.7
29.7
29.7
29.8
29 8
29.8
29.8
29.8
29 8
29 9
16 2
15 5
15.7
15.5
15.8
15.8
15 9
17.3
17.4
17.9
17 9
17 6
17 9
19.1
18.7
19.3
18.6
20.0
20 7
20.0
22.9
23.9
24 0
24 1
92 7
93.0
93.4
93.3
93.1
93.1
93.1
93.1
81.3
82.7
82 8
82 8
54
5.4
5.4
5.4
5.4
5.5
55
5.5
5.9
59
5 4
5 4
53 4
53.4
53.4
53 4
53.4
53 4
53 4
53.4
53.4
53 4
53 4
53 4
36
3.7
38
3.5
3 6
3.3
31
3.2
3.2
3.3
3.4
35
54 8
54 8
54.8
54 8
54 8
54 8
54 8
54.8
54.8
54 8
54 8
54 8
6 6
6.6
6.6
6.6
6 6
6.6
6 6
6.6
6.6
6.6
6.6
6 6
15.5
15.5
15.5
15.5
15.5
15.5
15 5
15.5
15.6
15.6
15 6
15 6
26.4
26.4
26.4
26.4
26.4
26.4
26 4
26.4
26.4
26.4
26 4
26 4
2,563 6
2,427.6
2,427.6
2,427.6
2,427.6
2,427.7
2,427.7
2,427.7
2,427.7
2,427.7
2,430 3
2,430 3
28.5
28.5
28.5
28.5
28 5
28 5
28 5
28.5
28.5
28.5
28 5
28 5
24.3
24.3
24.4
24.4
24.5
24 6
24 6
24.8
28.2
26.5
26.6
26 8
1939—Jan
Feb
Mar.
Apr
May
June
July.
Aug.
Sept.
Oct.
Nov....
Dec.
197.2
205.8
209.7
211.7
213 8
213.3
211.8
218 2
218 2
211 8
212.5
214 4
29.9
29.9
29 9
29.9
29 9
30.0
30.0
30 0
30 0
30 0
30.0
30 1
18.9
20 4
20 7
24.4
23.9
21.4
20.8
20 3
20.5
20.6
20 3
21 4
21 3
21.4
21 0
82.8
82.9
66.5
66.5
65 1
61.9
60.4
59.6
58 2
57 4
56.2
56.2
5.1
.9
8
.8
8
.6
5
J
°4 3
53.4
53 3
53 3
53.3
53 3
53.3
53 3
53 3
53 3
53 2
53.2
53 2
3.7
3.5
3.4
3.5
3 6
3.8
3.7
3.8
3.8
4 0
4.0
3.8
54.8
54.8
54 8
54.8
54 8
54.8
54.8
54 8
54 8
54 8
54.8
54.8
6.6
6.6
6 6
6.6
6 6
6.6
6.6
6.6
6 6
6 6
6.6
6.6
15.6
15.6
12 9
12.9
12 9
12.9
12.9
12 9
12 9
12 9
12.9
12 9
26.4
26.4
26.4
26.4
26 4
26.4
26.4
27.7
27 6
27 6
27.6
27.6
2,430.4
2,430.4
2,430.4
42,569.6
2,569 6
2,569.6
2,569.6
'2,708 9
2,708 9
2,708 9
2,708.9
2,708 9
28.5
28 5
28 5
28.5
28 5
B
28 5
26.9
26.9
28.6
28.6
31 1
31.2
30.3
28.0
27 5
27 6
27.6
27.7
Date
1934— Jan. 7
Feb.
Mar
Apr.
May
June ._ .
July
Greece
548
BANKING AND MONETARY STATISTICS
NO. 160-GOLD RESERVES OF CENTRAL BANKS AND GOVERNMENTS, BY
[In millions of dollars. Gold valued at 520.67 per
Date
17,931.0
18,177.0
18,433 1
18,769.9
19,208 9
19,963 1
20,462.5
20,912 8
21,244.4
21,505.5
21,800 8
21,994,5
1940— Jan.
Feb
Mar.
Apr,
May
Juno
July
Aug.
Sept.
Oct
Nov.
Dec
1941— Jan.
Feb
Mar.
Apr
May
June
July
Aug.
Sept
Oct.
Nov.
Dec
United
States
_____ _
„ _
Albania
2.5
2.5
2 5
Algeria
.5
14.0
14 0
14.0
14 0
22,116.5
22,231.9
22,367.3
22 505 8
22,574 9
22,624.2
22,674 7
22,719 4
22 760 9
22,799 7
22,785.3
22,736 6
For footnotes see end of table, pp. 554-55.
NOTE.—Figures for other countries are shown on pp. 550-55.
Argentina-
11
466.0
472.0
482 5
403.2
403 2
403.2
403.2
401.7
385.2
368.8
352.8
352.8
352.8
352.8
352.8
.352 8
352.8
352.8
352 8
352.1
351 7
354.0
354.0
354.0
Australia
6 1
3.6
Austria Belgian Belgium Bolivia
Congo
Brazil
British
India
3.7
3.7
40 7
41.5
42 2
44.3
45 2
45 8
46.5
47 3
48.2
49.2
49,9
50.7
274 5
274.5
274 5
274.5
274 5
274 5
274.5
274 5
274 -.5
274,5
274.5
274.5
24 5
24 5
24 5
24 5
24 5
24 5
24 5
24 5
24 5
24.5
24 5
24 5
51.4
55.4
56.4
57 3
58.1
61.6
62 9
64.6
66 2
67,6
69.2
69 9
274 . 5
274.5
274.5
274 5 1
274,5
274.5 i
274 5
274.5
274 5
274.5
274.5
274.5
24 5
24.5
24 5
24 5
24 5
24 5
24 5
24 5
24 5
24 6
24.5
24 5
58
3 7
4 7
4 9
3.7
1a
38
733. 8
3.8
3.9
3 9
734.1
734.1
734.1
734.1
734 1
734.1
734.1
734 1
734.1
734 I
734.1
734.1
734 1
4.0
4.0
4.0
4.1
4.0
4.1
4.0
4 1
4.1
4.1
4 1
4.2
4 9
4.9
5.3
8 4
Bulgaria
GOLD
549
COUNTRIES, DECEMBER, 1913-1927; MONTHLY, JUNE 1928-DECEMBER 1941-Continued
fine ounce through January 1934, at $35 thereafter]
Date
Canada
1940— Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept
Oct.
Nov.
Dec.
211.0
212 7
211,1
212,5
4
5 4
1941— Jan
Feb
Mar._____.
Apr.
M a y - _ _ _.
June...,
July..
Aug.
Sept
.
Oct.
Nov.._ ...
Dec.
7.6
8.0
8.4
7 7
5.4
7 6
7.2
6.5
7.9
5.9
7.0
8.5
5.9
6.6
11.5
6.3
5.6
7.7
51
Chile
China
Colom- Czecho-6 Danzig
slovakia
bia
Denmark
Ecuador
30.1
30 1
30.1
30.1
30 1
30.2
30.2
30.2
30 2
30.2
30 2
30 3 '
23 0
23 5
23 0
23.0
22 7
21 6
17.7
15 4
15 1
16 9
18 6
17 5
56.2
50 2
56 2
56.0
56 0
56.1
56,1
56,1
56 2
57 6
58 3
58 3
53 2
53 1
53 1
53 1
53 1
53 1
53.1
53 1
53 1
53 1
53 1
52 0
3
3
3
3
3
3
3
3
3
4
4
4
30,3
30.3
30.3
30.3
30.3
30.4
30.4
30 4
30.4
30.4
30.4
30 5
19.6
18.3
18.0
17 1
16.2
18,0
18 0
17 5
17.0
17.0
16 6
16 1
58.8
59.0
59.0
59.0
59.0
60.6
60.7
60 8
60.9
61.0
61 0
61 0
51.4
49.4
47.8
47 8
47.8
46.6
45 5
45 5
44.4
44.4
44 3
44 3
4.2
4.3
7
5
4
0
1
4
5
7
9
0
1
1
4 4
4 4
4 5
4.6
4 6
4 7
4.7
4 8
4 8
4 9
Egypt
El Salvador
Estonia
Finland
54
54
54
54
54
54
54
52
52
52
52
52
6
6
6
6
6
6
6
6
6
6
6
6
12
12
12
12
12
27
27
14
14
14
14
14
14
14
14
14
14
8
8
8
8
8
8
8
2
2
2
2
2
52.2
52.2
52.2
52 2
52 2
52.2
52 2
52 2
52.2
52 2
52 2
52 2
6
6
6
6
6
6
6
6
6
6
6
6
6.6
6.6
6 6
6 6
6 6
6.6
6 6
6 6
6.6
6 6
6 6
6 6
9
9
9
9
9
France
Germany
6
2,708 9
4
2 709 1
1 "2,000 3
2,000 3
1
2 000 3
1
1 ^2,000 3
1
1
2,000 3
2 000 3
1
2 000 3
1
1
2 000 3
2 000 3
1
14 1
14.1
14 1
14 1
13 0
10 8
5 1
5 1
4 0
4 0
4 0
4 0
Greece
27
27
27
27
27
27
27
27
27
27
27
27
7
7
7
7
8
8
8
8
9
0
9
0
27.9
27.9
27 9
1,999 9
1 999 9
1,999.9
1,999 9
1,999 9
1 999 9
28 5
550
BANKING AND MONETARY STATISTICS
NO. ISO-GOLD RESERVES OF CENTRAL BANKS AND GOVERNMENTS, BY
[In millions of dollars. Gold valued at $20.67 per
Iran
Guatemala Hungary Iceland (Persia)
Date
1913— Dec.
1914— Dec.
1916— Dec..
Japan
Java
Latvia
266.8
270.6
264.1
65.0
64.1
68,2
.4
4
6
.8
8
224.2
208.2
203.4
200.4
206.1
113.4
230.0
225,6
350.0
556.5
6.9
10.4
.6
6
.6
.6
.6
212.0
219.4
218.1
221.0
221.6
610.8
605.5
602.3
585.7
575.8
58.7
61.3
62.9
53.7
73.4
2.1
2.5
3.2
4.6
4.5
1.5
1.6
3.1
3.2
61.1
84.0
173.1
25.3
30.3
33.8
11.9
10.3
13,8
2.2
2.6
37.4
39,2
39,5
38.3
37.3
33.0
31.2
32.7
39.8
39.5
5.3
9.3
13.3
16.2
20.8
16.7
.4
.4
,4
,4
244.4
234.7
234.7
203.6
178.7
37.4
38.4 1
38.3
37.6
37.7 .
39.5
39.5
39.5
39.5
39. ft
21.0
21.0
21.6
21.5
21.5
4.7
5.9
.4
.4
166.8
161.4
38.0
38.3
39. S
39. £
21.6
23.6
4.6
4.6
4.6
4.6
4.6
4.6
4.6
7.9
6.6
7.4
6.5
6.6
6.1
6.2
.4
.4
2.9
3.1
3.1
3.1
3,1
175.5
175.4
175.5
175.4
175.5
175.4
175.3
35.9
35.8
35.8
35.6
35.7
35.2
34.9
39.4,
39.4
39.4
39.4
39.4
39.4
39.4
21.5
21.5
21.5
21.5
21.5
21.5
21.5
68.0
67.8
67.3
67.2
65.1
64.9
59.5
59.3
59.0
58.8
56.4
56.1
4.6
4.6
4.0
4.6
4.6
4.6
4.6
4.6
4.6
4.6
4.6
4.6
3.4
3.4
3.4
3.4
3.4
3.4
3.4
3.4
3.5
3.5
3.5
3.5
6.1
6.7
2.9
3.3
3.8
4.2
4.4
5.2
5.9
6.6
6.7
7.2
2.8
2.8
2.8
2.8
2,8
3^2
3.2
3.2
3.1
2.8
2.7
175.3
175.3
170.4
174.4
176.3
176.2
181.3
178.8
178.7
178.6
180.5
180.5
35.4
35.4
35.2
35.2
35.2
35.1
35.2
34.6
32.8
31.9
32.3
32.0
39.4
39.4
39.4
39.3
39.3
39.3
39.3
39.3
39.3
39.3
39.3
39.3
21.5
21.5
21.5
21.5
21.5
21.5
21.5
21.5
21.5
21.5
21.5
21,5
519.9
477.1
453.1
443.4
434.0
434.4
439.7
432.7
431.3
414.0
408.8
411.8
56.1
55.9
55 .'9
55.9
55.9'
56.0
55.9
55.8
55.8
55.8
55.8
55.7
4.6
4.6
4.6
4.6
4.6
4.6
4.6
4.6
4.6
4.6
4.6
4.6
3.5
3.5
3.5
3.5
3.5
3.5
3.5
3.5
3.5
3.7
3.8
3.9
8.1
9.3
8.9
8.7
8.0
6.3
5.0
4.2
4.9
4.7
4.4
4.4
2.6
2.6
2.5
2.S
2.5
2.5
2.6
2.7
2.7
2.7
2.7
2.6
177.3
176.3
174.3
174.2
174.2
174.2
157.6
157.6
157.6
171.7
171.9
171.9
32.4
32.4
32.3
33.5
33.5
33.3
33.3
33.3
33.3
33.2
33.5
33.4
39.3
39.3
39.3
39.3
39.3
39.3
39.3
39.3
39.3
39.2
39.2
39.2
21.5
21.5
21.7
19.6
17.2
17.2
17.2
17.3
17.4
17.5
17.5
17.6
278.7
279.1
279.3
279.5
279.7
282.4
282.6
282.7
286.4
293.0
295.9
295.9
414.9
416.9
415.4
418.8
422.4
424.6
412.0
406.2
407.9
342.2
270.6
234.1
51.7
47.7
47.7
46.1
46.2
46.3
44.3
44.3
50.7
53.1
53.1
45.2
4.6
4.6
4.6
4.6
4.7
4.7
4.6
4.6
4.6
6.1
6.1
6.1
3.9
3.9
3.9
3.9
3.9
3.9
4.0
4.0
4.0
4.8
4.8
5.0
4.5
4.5
4.0
4.0
4.7
4.6
1.9
2.0
1.5
3.1
2,8
2.7
2.6
2.6
2.6
2.0
2.6
2.7
2.9
2.9
3.0
3.9
3.9
3.9
175.9
179.9
179.9
181.5
181.5
200.7
236.4
261.3
283.4
337.2 I
363.5
357.9
33.9
34.1
33.8
33.8
33.8
33.8
33.8
33.8
33.7
33.8
33.1
32.3
39.2
17.6
39.2 | 17.7
39.2
17.7
39.2
17.7
39.2
17.8
39.2
15.8
39.2
13.8
39.2
11.2
38.6
12.5
16.6
46.0
42.3
16.9
41.2
16.7
3.0
3.1
3.1
3.1
3.1
3.3
3.4
3.3
3.2
3.5
3.6
3.6
295.9
295.9
296.0
296.1
297.2
297.9
299.8
302.5
304.5
305.6
306.4
307.2
214.6
214.6
214.1
213.9
213.9
213.9
213.9
213.9
213.9
213.9
213.4
211.9
45.3
45.2
42.1
41.2
41.5
42.1
42.2
41.7
41.7
42.1
42.0
41.7
6.3
6.4
6.4
6.7
6.9
6.9
6.9
6.9
6.9
6.9
6.9
6.9 j
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
4.9
4.9
4.9
4.9
2.6
2.7
3.5
1.1
1.1
1.5
1.7
1.6
.8
.6
2.2
4.1
3.9
3.9
3.9
3.9
3.9
3.9
3.9
3.9
3.9
3.9
3.9
3.9
352.1
354.7
354.8
365.8
385.2
395.5
409.8
416.3
417.4
417.5
416.5
416.6
32.2
31.9 I
31.1
30.2
30.4
29.8
27.9
26.7
26.5
26.6
26.6
24.6
15.2
41.6
14,1
41.6
13.2
41.6
11.7
41.6
11.2
41.6
40.2
10.8
10.8
38.2
38.2 i 10.9
38.2
11.0
10.9
38.7
10.9
38.7
11,0
38.7
3.7
3.7
3.7
3.7
3.7
3.7
3.8
3.8
4.0
11.1
11.1
11. 1
308.2
324.8
330.9
342.8
351.8
355.9
367.9
369.9
370.6
371.2
372.5
373.0
211.9
211.9
211.9
211.9
211.9
211.9
211.9
211.9
211.9
211.9
211.9
211.9
41.8
44.8
45.0
43.0
43.0
41.8
40.2
40.2
39.4
40.2
41.7
43.6
7.3
7.7
8.0
8.2
8.6
8.9
9.
9.
9.
9.
9.
8.8
4.8
5.0
4.9
4.9
4.8
4.8
5.0
4.8
4.8
5.0
5.0
5.2
1.3
1.4
1.8
5.7
10.2
11.4
10.2
9.2
11.2
9.8
8.3
8.9
3.9
3.9
3.9
3.9
3.9
3.9
3.9
3.9
3,9
3.9
3.9
4.2
414.5
411.4
382.7
375.1
337.6
309.7
312.2
333.5
339.3
360.4
371.7
371.9
25.5
25.3
25.1
24.7
24.7
24.7
24.8
24.7
24.5
24.5
25.2
24.2
38.7
38.7
40.4
40.4
40.4
40.4
40.4
39.2
41.1
39.8
39.6
38.4
11.3
11.3
11.3
10.9
11.1
10.9
11.0
11.0
11.0
11.2
11.2
11.4
373.4
211.9
45.2
8.5
5.2
8.3
4.2
370.8
25.1
37.6
11.2
.6
.6
223.5
242.0
561.8
541.9
79.4
71.6
4.6
4.6
1928—June*
July
Aug..
Sept.
Oct..
Nov
Dec..
1.8
1.8
1.8
1.8
1.7
2.0
1.6
34.4
34.4
34.4
34.4
35.2
35.2
35.2
.6
.6
.6
.6
.6
.6
,6
259.0
263.1
263.1
265.7
265.7
265.7
265.7
541.4
541 .4
541.4
541.4
541.4
541.4
540.9
69.9
69.7
69.4
69.1
68.8
68.5
68.3
1929—Jan..,.
Feb.
Mar..
Apr
May
June.. ..
July
Aug.,
Sept.
Oct..
Nov.
Dec..
1.7
2.0
1.7
1.9
2,0
1.9
2.0
2.1
2.0
2.0
2.1
2.2
35.8
35.8
35.8
30.9
30.9
30.9
28.5
28.5
28.5
28.5
28.5
28.5
.6
.6
.6
.6
.6
.6
.6
.6
.6
.6
.6
.6
265.7
266.1
269.6
269.6
269.6
271.3
271.4
271.4
272.3
272.5
273.0
273.0
540.9
540.8
542.0
542.0
542.0
542.0
540.7
540.7
540.7
541.1
542.0
542.5
1930—Jan...
Feb.
Mar..
Apr
May.
June
July.
Aug.
Sept.. .
Oct.
Nov..
Dec.,
2.2
2.3
2.3
2.4
2.5
2.5
2,5
2.5
2.6
2.6
2.6
2.7
28.5'
28,4
28.4
28.4
28.4
28.4
28.4
28.4
28.4
28.4
28.4
28.4
.6
.6
.6
.6
.6
.6
.6
.6
.6,
.6
.6
.6
'.1
.3
.3
.4
.4
.6
.7
273.0
273.0
273.6
273.7
273.8
273.9
274.0
275.2
278.3
278.4
278.6
278.6
1931— Jan..
Feb.
Mar,
Apr.
May.
June
July.
Aug.
Sept.
Oct
Nov.
Dec.
2.7
2.7
2.7
2.7
2.7
2.6
2.6
2.6
2.6
2.2
2.2
2.3
28.4
25.9
22.0
19.6
19.6
19.6
19.6
18.3
18.3
18.3
18.3
17.8
.6
.6
.6
.6
.6
.6
.6
.6
.6
.6
.6
.6
.9
.0
.2
.3
.3
.3
.3
1.3
1.3
2.6
2.8
2.8
1932—Jan
Feb.,
Mar.
Apr.
2.0
2.0
1.9
1.8
1,6
1.6
1.6
1.7
1.8
1.8
1.7
1.7
17.5
17.5
17.5
16.9
16.9
16.9
16.9
16.9
16.9
16.9
16.9
16.9
.6
.6
.6
.6
.6
.6
.6
.6
.6
.6
.6
.6
1.7
1.7
1.7
1.7
1.8
1.8
1.8
1.8
1.8
1.9
1.9
1.9
16.9
16.9
16.9
16.9
16.9
16.9
16.9
16.9
16.9
16.9
13.8
13.8
.6
.6
.6
.6
.6
.8
.6
.6
.6
.6
.6
,6
13.8
.6
1934—Jan
1.9
11.1
For footnotes see end of table, pp. 554-55.
New
Zealand Norway Peru
3.1
3.3
*
3.4
3.4
3.4
3.4
3.4
3.4
3.4
29.5
34.4
1933—Jan..
Feb.
Mar.
Apr
May
June
July.
Aug.
Sept.
Oct
Nov.
Dec.
Netherlands
237.0
281.7
278.1
257.1
256.6
1.8
1.7
Sept.
Oct. v.
Nov. .
Dec..
Morocco
29.5
31.5
43.4
69.1
88.2
1926— Dec..
1927— Dec.
June. _
July.
Mexico
10.4
15.1
12.1
...
.,.
Lithuania
j
1
1
.2
1816— Dec
1917— Deo.
1918— Dec.
1919— Dec
1920— Dec.
1921— Dec
1922— Dec.
1923— Dec..
1924— Dec.
1925— Dec..
Italy
GOLD
551
COUNTRIES, DECEMBER, 1913-1927; MONTHLY, JUNE 192S-DECEMBER 1941-Continued
fine ounce through January 1934, at $35 thereafter]
Yugoslavia
164 9
426 0
388 5
10 8
13 5
22 5
786 2
802 8
830 6
18
1 9
2 1
66 9
69.3
80 4
100 2
105.2
395
416
521
578
754
8
7
0
1
2
33
42
46
56
57
759 0
666 5
3 2
6 2
68
9 1
12.4
12 3
12 3
12 3
12 2
12.4
73 6
73 4
72.9
63 5
61 6
106 5
103 7
104.1
98 0
90 5
754
742
745
748
694
9
7
5
2
8
56 8
56 8
56.8
56 8
56 8
45.0
73.0
93 9
10 7
10.6
10.7
14 0
16 4
14 3
12.4
13.3
14 0
14 7
27 4
29.1
33 4
32 9
46.1
48 5
2
5
5
7
8
27 0
30 0
33 3
35 5
50.4
241 4
379 4
429 5
471 5
473.8
49 2
65.5
76 5
75 4
75.5
8
1
4
8
5
49 4
51 7
52.5
53 1
43 6
484 7
487 0
487.7
489 2
489 5
29 2
29 7
42 6
1916— Dec
1917— Dec.
1918— Dec
1919— Dec.
1920— Dec.
9
9
9
9
2
3
3
3
95
34
34
34
34
Bank
for International
Settlements
11 2
11 0
12 4
92 4
110 6
167 3
81
8 7
9 2
9.3
Venezuela
34 4
30 7
32 1
1913— Dec
1914— Dec.
1915— Dec
1 6
U.S.
S. R,
(Russia)
Switzerland
South
Africa
3.0
Thailand
(Siam)
Uruguay
Sweden
Ru:
mania
Poland
United
Kingdom
Spain
Portugal
Date
Turkey
3
0
7
8
3
1921— Dec
1922— Dec.
1923— Dec.. .. .
1924— Dec.
1925— Dec
5
9
13
19
25
9
8
1
9
8
9 3
9 3
9 3
9 3
34
42
46
47
48
1928— Dec
1927— Dec.
26 7
58 0
9 3
9 3
49 6
50 8
36 7
40 0
493 3
502 3
60 2
61 7
91 4
100 2
729 3
737 1
56 8
59 3
84 6
97.0
16 6
18.0
16 6
17.1
1928 —June
July
Aug.
Sept.
67
67
67
67
68
68
69
5
6
6
7
2
4
7
9 3
9 3
51
51
51
51
52
52
49
5
6
7
7
0
1
3
40
38
39
39
35
37
39
3
1
2
4
5
7
3
503
503
503
503
503
493
493
2
3
4
4
5
8
8
61
61
61
63
63
63
63
8
7
5
8
6
4
2
86
86
87
90
91
90
103
7
8
1
7
0
9
3
825
843
842
830
795
774
748
5
0
7
1
5
2
4
68
68
68
68
68
68
68
3
3
3
3
3
3
4
80 0
85 1
75.4
76 2
81 5
91 7
91 9
22 7
22 6
22.2
21 9
21 3
20 8
20 6
17 4
17.4
17.4
17.5
17 5
17.5
17 6
69
69
69
69
70
70
70
73
74
76
76
78
7
7
8
9
1
3
4
0
5
6
6
6
9 3
9 3
49
49
51
51
52
52
52
52
52
54
55
55
4
6
7
8
0
1
3
5
6
4
0
1
38
37
39
39
40
37
37
38
38
40
38
36
2
493 8
7
493 8
9
493 9
2
494 0
2
494 0
494 2
7
3 ' 494 5
5
494 9
494 9
6
4
494 9
3
494 9
5
495 1
63
63
63
62
62
62
62
64
64
64
64
65
2
1
0
9
8
6
6
9
8
7
4
6
93 4
93 3
93 3
95 5
96 1
96 1
98 3
98 2
103 2
103 4
105 8
115 3
743
734
746
759
790
774
688
663
642
637
655
709
2
3
2
4
6
1
0
6
1
6
6
8
68
68
68
68
68
68
68
68
68
68
68
68
5
5
5
5
5
2
2
2
2
2
2
2
92 0
92.0
92.0
92.5
93 1
93.2
103.4
118.9
131 7
142.0
142 3
147.0
20 2
20.1
20.1
20.1
20 2
20.2
20.5
20.8
20 7
20.8
21.0
21.1
17.6
17.6
17.7
17.8
17.9
18.0
18.1
18.1
18.2
18.2
18.3
18.4
78
78
78
78
78
78
78
78
63
6
7
8
8
8
9
9
9
0
9.3
2
4
5
6
7
7
7
7
7
7
7
7
38
37
35
36
35
33
31
33
32
33
34
32
5
4
6
6
3
7
6
3
6
8
9
7
495
476
476
476
476
476
477
477
477
477
474
470
3
0
4
5
8
9
0
4
7
9
0
5
65
65
65
65
65
65
65
65
64
64
64
64
5
4
3
2
2
1
0
0
9
8
7
5
108
108
108
112
112
112
118
123
124
128
130
138
5
7
7
2
2
2
2
9
0
8
2
2
730
736
755
794
764
763
741
753
760
776
761
718
6
4
0
9
9
5
1
5
7
2
9
4
68
68
68
67
67
64
63
60
60
60
60
60
2
2
2
2
2
0
2
2
2
2
4
4
147.0
149.6
156 2
167.0
177.4
203.0
233.8
249.1
249.0
249.0
249,1
248.9
21.1
21.2
21 3
21.4
21.5
21.5
18.3
18.4
17.2
17.2
18.3
18.3
18.5
18.5
18.6
18.6
18.7
18.8
18.8
18.9
18.9
18.9
19.0
19.0
8
6
6
6
6
7
5
4
2
9
5
8
678
685
698
711
734
792
642
648
656
660
587
587
8
3
9
9
9
7
5
9
1
3
4
6
59 5
58 2
58 '2
58 3
58 3
58 3
57 3
56 9
55 8
53 0
53 0
52 7
248 9
248.9
259.1
259.3
261.9
261.6
267 2
280.0
293.0
308.9
315 2
328 3
18 3
18.3
18.3
18.3
18.3
18.3
18 3
18.3
18.3
18.3
18 2
18 3
19.0
19,1
29.1
19.2
19.2
27.1
27.2
27.2
29.2
30.9
30.9
30.9
587
587
587
588
608
662
670
676
678
678
678
582
7
7
9
0
5
5
2
0
5
5
5
9
52
52
51
50
50
50
50
49
49
48
48
48
18
18
18
18
18
18
18
18
18
18
18
18
3
2
2
2
5
6
7
7
6
6
6
4
31.0
31 0
31 0
31.0
31.0
31.0
31.0
31 0
31 0
31.0
31.1
31 0
Oct
Nov.
Dec
1929— Jan
Feb.
Mar._. ,
Apr.
May
June
July.. ..
Aug.
Sept
Oct..
Nov.
Dec..
1930— Jan
Feb..
Mar.
Apr.
May
June. . .
July
Aug
Sept.
Oct.
Nov.
Dec
1931— Jan
Feb
Mar.
Apr..
May
June
July
Sept.
Oct.
Nov
Dec
1932 —Jan
Feb
Mar
Apr
May
June
July
Auff
Sept
Oct
Nov
Dec
1933—Jan
Feb
Mar
Apr
May
July
Aug
Sept
Oct.
Nov.
Dec
1934—Jan
63
63
63
63
63
9.3
9.3
9
9
9
9
3
3
3
3
9.3
9 3
9 3
9*3
9.3
9
9
9
9
9
3
3
3
3
3
9
9
9
9
9
9
3
3
3
3
3
3
55
55
55
55
55
55
55
55
55
55
55
55
9 3
9 3
9.3
9 3
9.J
63
63
63
63
63
63
63
66
67
67
2
7
7
7
7
7
7
6
1
4
9
9
9
10
11
11
9
9
9
11
12
12
3
3
3
6
0
2
6
7
8
9
0
6
55
55
52
52
52
53
53
53
53
53
53
58
7
7
6
7
9
0
2
4
6
7
9
1
33
34
31
30
32
30
32
31
31
30
37
39
9
5
3
7
0
7
7
3
8
1
5
4
466
466
466
467
467
468
439
439
439
433
433
433
0
1
9
5
7
0
0
1
3
6
6
6
64
64
64
64
64
63
63
61
53
57
55
55
5
4
3
3
2
9
7
6
2
2
2
2
126
124
124
124
124
162
225
230
329
423
426
454
67
68
64
64
62
54
53
53
54
55
56
56
4
0
3
4
3
3
9
5
8
4
2
3
12
15
16
16
17
17
17
17
17
17
17
23
8
4
1
7
1
3
4
5
6
7
9
8
58
57
56
56
56
56
56
56
56
56
56
57
2
4
7
9
5
6
8
9
9
9
9
2
39
36
31
34
35
38
34
34
31
35
33
34
8
7
2
3
5
3
3
5
7
0
7
9
433
433
434
434
434
435
435
435
9
9
1
4
8
2
3
4
55
55
55
55
55
55
55
55
2
2
2
2
2
2
2
2
474 1
484 1
472 6
472 6
495 2
505 2
511 1
512 3
511 1
511 1
494 7
478 9
57 5
57 ft
55 1
55 1
53 0
53 0
53.0
53.1
53.1
53 2
53.2
53.4
53.6
25 1
9ft ft
29 7
30 2
31 0
qi o
31.5
31.9
32.1
32 3
32.6
34.0
34.3
57 3
38 1
^7 *»
Aft Q
57 7
57 9
58 1
58.5
58.6
58.7
58 8
59.1
59.4
to 3
59.6
AQC
K
cc 9
435 6
435 7
AVK Q
55 2
55 2
55 2
435 9
55 2
AtK Q
ec 9
53 5
51 7
64 5
435 9
d^ft n
436 0
62 2
71 4
71*4
80.2
75.0
72.2
79 7
82.0
83.4
436.1
43ft. 1
436.2
436 2
436.3
436.3
91.2
96,8
101.4
101 0
98.8
99.3
fiQ ft
84.3
jqa n
436.4
71 4
99.8
478 9
4Qn n
491 4
4fi1 8
398 5
*Jfi9
Q
352.6
352.6
357.7
374 2
387.2
387.2
387.2
85
21 8
23 2
22
22
28
28
27
27
27
27
27
27
27
27
5
7
2
4
6
9
9
9
9
9
9
9
27 9
27 9"
27 9
27 9
*27 9
*27 9
*27.9
'27.9
*27.9
*27 9
*27.9
•27.9
•27.9
4 1
61
6 3
6 5
6 5
88
84
8 ft
8 7
9 1
9 4
9 7
9 9
10 0
10 1
10 3
10 4
10 6
10.7
10.9
11.1
11 2
11.4
11.8
11.8
601 5
692 2
836 3
904 9
906 8
921 5
924.9
926.0
926.5
926 8
927.7
928.2
929.0
3
3
9
7
6
4
2
7
5
3
3
3
2.6
328
329
329
331
334
349
356
367
*367
*367
*367
*367
5
3
6
0
9
1
7
7
7
7
7
7
49 2
49 8
49 4
49 9
50 1
50 4
50.4
49.8
49.6
49 1
50 J(
50.3
*367 7
*367 7
*367 7
*367 7
*367 7
401 1
*401.1
*401.1
416.0
*416.0
*416.0
415.6
18 4
18 4
18 6
18 6
18 ft
18 6
18.3
18.6
18.5
18.3
18.3
18.2
31.0
31 0
31.0
31 0
31.6
31 6
31.6
31.6
31.6
31.6
31.6
31.6
50.8
*415.6
18.1
31.6
.0
.0
.0
.0
.1
.5
1.5
552
BANKING AND MONETARY STATISTICS
NO. 160-GOLO RESERVES OF CENTRAL BANKS AND GOVERNMENTS, BY
fin millions of dollars. Gold valued afc $20.67 per
Guateniala Hungary Iceland
Date
1934— Jan.7
3.2
Feb
May
Oct
Nov...
.
1935—Jan.
Feb
Mar.
Apr
May
June..
July
Aug.
Sept.
Oct...
Nov.
Dae
1936— Jan
Feb...
Mar.
Apr...
May
June.
July
Aug..
Sept.
Oct....
Nov.
Dec....
1937— Jan. ....
Fob.»
Mar....
Apr..,,
May_,
June
_.
July.....
Aug....
Sept..
Oct..,,..
Nov.......
Dec
1938— Jan....
Feb
Mar...
Apr.
May
June..
July...
Aug. ......
Sept..., .
Oct....
Nov.... _
Dec.......
1939—Jan.... ,,
Feb...
Mar.......
Apr.
May.. .
June...,,..
July.......
Aug. _._,_..
Sept...
Get
Nov....
Dee,..
76 5
78 8
77 1
77 2
79 2
76 6
77.2
77 2
77 2
77 2
77 2
77 2
14 4
14 4
14 4
14 4
14 4
14 4
14 5
14 5
14 8
15 i
15 1
15 1
8
8
9
9
9
9
8
8
1
2
2
4
9
9
9
8
8
269 7
395 3
397 2
398 4
400 2
403 3
406 8
410 1
413.3
415 §
418 4
421 8
425 4
78 3
80 0
80 0
75 5
70 8
68 4
60 6
57.9
54 8
54 8
54 5
54 5
243 9
16
228 2
U216 1
U212 2
162H 4
]
*209 8
16209 2
^208 5
1*208 3
1^208 2
H208 2
208 2
427 9
430 9
432 6
435 1
438 8
442 3
446 6
450 0
452 9
455 9
459 4
462' 8
54
54
57
60
60
59
59
59
60
60
60
60
25 3
25 3 1*208 2
25 3 i*208 2
25 3
25 3
25 3
25 3
25 3
25 3
25 3
25 3
25 3
210 2
466 4
469 3
456 0
458 8
452 3
442 7
412 2
261 4
261 4
261 4
261 4
261 4
60
60
60
73
73
74
79
79
79
79
79
79
25 4
25 4
25 4 i»2iO 2
25 4
25 7
25 7
25 8
25 8
25 8
25 6
25 6
193.3
25.6
261 4
261 4
261 4
261 4
261 4
261 5
*163 6
163 6
163 6
163 6
163.6
163.6
25 6
25 6
25.6
25 6
25.6
25,6
25 6
25 6
25 6
25 6
25 6
25 6
163 6
163 6
163.6
163 6
163.6
163.6
163 6
163 6
163 6
163 6
163 6
163 6
10
10
10
10
10
10
10
1.0
10
10
10
10
20 5
23 5
23 7
23 8
23 8
23 9
23 9
23.9
23 9
24 0
24 0
24 0
518 8
518 9
519 0
519 2
519 4
498 0
468 5
410.2
378 8
14
350 7
1
1
1
1
1
1
1
1
1
1
1
1
24
24
24
24
24
24
24
24
25
25
25
25
i6
4 0
4.0
4 1
4 5
4 6
4 6
4 0
4.9
4 9
5.0
50
5.0
5 0
5.0
50
5.1
51
5.1
5.1
5 2
5.2
5.2
5.3
5.3
5.3
5.3
5.4
5.4
5.4
5 4
5.4
5.5
5.5
5 5
5.5
5.6
5.6
5.6
5.6
6.7
6.7
6.7
6.7
6.8
6.8
7 8
7.9
7.9
7.9
7.9
7.9
8 0
8.0
8.0
23
23
23
23
23
23
23
23
23
23
24
24
4
4
4
4
4
4
4
4
4
4
9
9
24 9
24 9
24.9
24.9
24.9
24.9
24.9
24 9
24.9
24 9
24.9
24 9
24 9
24.9
24 9
24 9
24.9
24.9
24 9
24.9
24.9
24 9
27.9
36.7
24 5
24 5
24.5
24 5
24.5
24.5
24.5
24.5
24.5
24 5
24 5
24 5
1.0
10
10
1.0
10
1.0
0
0
0
0
0
0
0
0
0
0
0
0
1 0
10
1 0
1.0
1 0
1.0
10
10
1.0
1 0
1.0
10
1
1
1
1
0
0
0
0
1.0
1.0
10
1.0
I 0
10
1.0
1.0
10
1 0
1.0
10
1.0
1.0
1.0
1.0
1
1
1
1
0
0
0
0
For footnotes see end of table, pp. 554-55.
358.8
358 8
358 8
361 8
382 3
384 4
385.7
387 0
388 3
390 0
391 9
393 6
23 4
23 4
23 4
23.4,
4.6
23 4
4 7
4.7 i 23.4
4 7
23 4
4.8
23.4'
23 4
4 8
4.8
23 4
23 4
4 9
4 0
23 4
3.8
3.8
3.9
3.9
Dec
632.5
633 0
612.5
609.4
594 0
576.3
566.9
565 2
553.6
540 9
520.4
517 8
1 0
1 0
10
37
June..
July..
Aug.
Sept
Lithuania
Japan
18 8
18 9
19 0
19 0
19 3
19 6
19 8
20 0
20 1
20 2
20 3
20 4
10
1 0
10
Latvia
Italy
23.3
23 4
23 4
23.4
23 4
23 4
23.4
23 4
23.4
23 4
23 4
23 4
3 3
3.5
3.6
Mar.
Apr...
Iran
(Persia)
0
1
2
2
3
3
4
5
3
3
3
3
<193, 5
144 0
Java
Mexico
Morocco
Netherlands
New
Zealand Norway Peru
4
0
0
9
8
14 1
18 4
19 8
21.9
22 9
26 0
26.7
29 1
28 1
24 6
26 0
22 8
7 0
7 3
7 3
7 2
7 2
7 4
74
7 4
7 4
7 4
7 4
7 4
627 8
42 4
541 1
42 0
537 i
41 9
540 8 ' 41 6
552 9
41 6
41 7
574 8
589 7
41 5
41 2
589 7
35 9
590 2
602 8
26 4
24 7
584 4
24 7
575 1
15 1
15 i
15 1
15 1
15 1
15 1
15 1
15.1
15 i
15 2
15 2
15 2
80
7 7
7 7
78
7 5
7 3
7 0
6.2
58
6 0
61
6 1
214
23 3
25 9
33 8
34 7
35 5
37 3
38.7
40 1
40 5
42 0
43 9
7 4
7 3
7 2
7 2
7 2
7 2
7 2
7.3
7 3
7 3
7 3
7 3
557 0
553 6
555 0
440 4
441 4
428 3
380 9
403.8
366 1
402 1
428 9
439 5
5
5
9
6
6
9
9
3
3
3
3
3
14 2
15 1
15 2
15 2
15 2
15 2
15 2
15 2
15 2
15 2
15 2
15 2
6 4
8 6
9 0
9 1
10 0
10 4
10 8
11 0
12 0
12 0
12 4
45
47
48
50
51
48
46
46
49
49
46
46
7
7
7
7
7
3
3
3
3
3
8
8
8
8
8
8
3
3
3
9
9
0
3
3
3
3
3
3
15 1
15 I
15 2
15 2
15 2
15 2
15 2
15 3
15 2
15 2
15 2
15 2
12 $
13 0
13 0
13.0
13 0
13.0
13 0
13 0
13.0
13 0
13.0
13 4
79 3
79 3
79 3
79 3
79 6
79 6
79 6
79 6
79 6
79 6
79 6
79.6
15 4
15 4
15 4
15 4 .
15 4
15 4
15 4
15 4
16 4
16 4
16 4
16.4
79 6
79 6
79.6
79 6
79.6
79.6
79 6
§7 6
87 6
87 6
87 6
90 0
18 3
18 3
18.3
18 3
18.3
18 3
19 3
19 3
19 3
19 3
19 3
14 0
63 €
61 1
61 1
61 1
61 1
61 1
61 1
61 1
61 2
61 2
61 2
61 2
19 0
20 3
19 0
18 6
19 1
18 7
18 6
18 7
18 7
18 7
19 0
19 4
24 7
24 7
24 7
23 1
23 1
23 1
23 1
23.1
23 1
23 1
23 1
23 1
61 2
61 *'
61 2
61 3
65 9
74 9
74 9
84.0
84 0
84 0
84 0
84 0
19 4
19 5
19 5
19 7
19 8
19 7
19 8
1
0
19 8
19 9
20 0
20 0
0
0
0
0
0
0
456 7
464 4
487 4
484 9
467 0
405 8
438 6
458 6
457 5
389 2
389 2
491 5
23 1
23 1
23 i
23 1
23 1
23 1
23 1
23 1
23 1
23 1
23 1
23 1
84
84
84
84
84
88
88
90
97
97
97
97
0
0
0
0
0
5
5
8
6
6
6
6
20 1
20 3
19 3
19 3
19 4
19 4
19 6
19 6
19 9
19 9
20 0
20 1
48 3
50 2
52 4
47 0
46 4
45.2
45 0
43 3
38 0
33 9
31 5
24 Q
80
80
8 0
80
8 0
80
8 0 I
62
3 5
35
3 5
3 5
559 8
600 1
628 0
672 4
771 8
850 9
864 6
864 6
864 6
908 9
043' 7
932 9
23 1
23 l
23 1
23 1
23 1
23 1
23 1
23 1
23 1
23 1
23 1
23 1
97 6
97 e
97 6
97.6
SB 4
88.4
85 8
E5 8
S5.8
85 8
85.8
81 7
20 2
20 3
20 3
21.1
21 1
21.2
22 9
23 0
20.2
20 3
20.4
20 5
13 4
13 4
13 4
13 4
13.4
13.4
13 4
13 2
12 3
12 0
11.2
11.0
32 2
30 1
25 0
24 5
25.9
26 3
28 3
27 2
24 2
24 2
26.7
28.8
3
3
3
3
960 2
980 7
001 1
Oil 0
,011 4
,011 7
Oil 3
,011 2
Oil 5
Oil 5
, Oll'5 i
998.0
23 1
23 1
23 1
23 1
23 1
23 1
23 1
23 1
23 1
23 1
23 1
23.1
10 8
10 7
10.7
10 7
10.5
10.5
10.5
10.2
9 8
9§
9 6
9 0
31 9
34 2
33.6
32 1
32.6
28.2
29.3
20 3
29 8
39 2
33 7
31 9
998 0
977 6
911.8
837 4
826'.!
802.4
771.4
771 4
754 3
756 7
702 5
692 3
19,5
95.5
23 1
95 5
23 1
18 8
19.0
95.5
23.1
107 8
23 1
19 1
107,3
19,3
23.1
19.5
23.1 1 107.3
19.3
107.3
23 1
107.3
19.7
23 1
23 1 1 107. 3
20.1
23 1
19 3
102 8
102 8 i H9.4
23 1
93 8 > 20 0
23 1
9.4
70
1
2
6
1
8
9
3
7
8
0
6
3
73
5
5
5
5
3.5
3 5
35
35
35
35
3,5
3.5
35
35
3.5
35
3.5
3.5
3.5
3
3
3
3
3
5
5
5
5
5
20 7
81 7
81*1 ! 20 1
90 2
20 2
90 2
20 3
19.6
90.2
19.7
90.2
100 6
19 8
100.6
20.1
19 2
95 5
95 5 1 19 5
19.7
95.5
20.0
03.6
GOLD
553
COUNTRIES, DECEMBER, 1913-1927; MONTHLY, JUNE 1928-DECEMBER 1941-Continued
fine ounce through January 1934, at 135 thereafter]
Date
1934 Jan 7
Feb
Mar
Apr
May
July
A. UK
Sept
Oct
Nov
Dec
Poland
Portugal
Rumania
South
Africa
Spain
90 7
90 9
91 4
91.7
92 4
93 1
93 4
93 6
94 0
94 5
94 8
95 6
58 1
62 3
64 9
65.4
66 3
66 8
67 2
67 3
67 4
67.5
67 5
67 6
100 4
100 7
101.1
101.3
101.6
102 0
102 2
102.6
102 8
103.1
103 4
103 9
142 7
150.4
146.2
148.7
153.9
161.5
172.5
148,8
154.7
173.2
183 7
183 6
Switzerland
Thailand
(Siam)
Turkey
United
Kingdom
Uruguay
655 6
738 7 168 9
602 6
738.8 169 1
738.9 169.6
572.9
536.1
739.0 166.6
739.2 166 8 . 536,9
537,1
739.3 167 6
739.5 168 4
538.9
569.1
739.7 169.0
739.8 169 7
593.2
739.9 162 8
624.0
739.9 159 5
626.6
626 6
740 1' 159 4
20 0
20 1
20.3
20.6
19.8
21 0
21.2
21.3
21.5
21.7
21 8
22 0
1,573 0
1,573 6
1,574.5
1,575.2
1,576.5
1,577 6
1,578.6
1,580.1
1,581.1
1,582.0
1,583.0
1,584 3
86 0
87 3
87.3
86.6
86 6
84 1
81.7
81.7
81.7
81.7
81.7
81 7
740.3
740.5
740.6
740 7
740 7
740.6
740.6
740 6
734 1
734.1
734 8
734 7
159 3
159 3
159 7
159 9
160 7
161.2
161 7
162 5
164 6
174 3
180 4
185 0
602.9
588.7
562.0
447.8
391 3
392.2
423.0
448 2
450.3
455.2
456.7
455 7
22.0
22 0
22.1
22 1
22 9
23.0
23 1
23 4
23 4
23.5
23 5
23 6
1,585.6
1,586.1
1,586.3
1,586 8
1,587 3
1,587.9
1,588.4
1,593 2
1,595.0
1,604.1
1,628.4
1,648 4
81.7
80.8
82.0
82.0
82 0
75.7
74.1
74.1
76.8
76.8
76.8
76 8
734.7
734 7
726 5
726 5
718.2
718.4
16
718 4
194 5
199 7
206 0
209 2
219.6
231 0
231 4
231 8
238 5
238 9
239 4
240 0
455.7
474 2
495 0
497 5
486.7
461.7
472.7
491 1
509.8
584.3
626 2
657.2
23.6
24 0
24 0
24 0
24.2
24.2
24.2
24 2
24.2
24.2
24 2
25.7
1,651.8
1,653.0
1,653 0
1,670.5
1,700.6
1,782.5
1,977.0
2,016,7
2,048.8
2,048.9
2,048 9
2,584.5
Sweden
U.S.
S. R.
(Russia)
Bank
for International
Settlements
Venezuela
Yugoslavia
30 6
30 6
30.6
30.6
30.6
30 6
31.0
30.6
32,4
35.4
37.2
39 4
53 5
52 6
52.6
52.5
52.6
53 1
53.4
53.0
54.4
53.9
54.3
53 2
2 5
59
9.2
9.2
85
52
4 8
4.5
38
3.8
3.8
36
41.5
44,6
45,8
48.4
50 1
50.1
52.4
54.0
54.4
55.3
56.7
57.6
37.3
37.5
36.0
38.2
39.7
40.1
40.0
40.0
40.3
41.1
42.5
42.7
3.6
3.6
3.6
4.9
53
9.3
7.7
8.0
8.3
10.5
9.0
7.9
76.8
76.8
76.8
76.8
76.8
76.8
76.8
76.8
76.8
76.8
76 8
76.8
57.9
58.0
57.9
57.9
56.2
56.0
56.1
56.1
56.1
56.1
57.6
58.5
43.5
44.1
44.4
44.6
45.4
45.6
45.6
45.6
46.3
47.4
47.6
48.5
10.7
9.8
7,9
7.6
10.6
12.2
9.8
11.7
11.5
12.6
13.3
10.8
706.4
716 2
744.3
Sept
Oct
Nov
Dec
95 8
96 1
96 4
96 5
96 7
96.9
97 1
97 1
88 6
86 2
84 1
84 4
67 7
67 7
67 8
67 7
67 8
68 .'0
68 0
68 0
68 0
68 0
68 0
68 1
104 5
105 2
105 7
106 1
106 4
106.7
107 0
107 5
108 0
108 3
108 6
109 1
195.6
213 7
235.9
214 0
223 3
219.8
229 5
218 7
212 2
212.1
212 0
212 0
1936—Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec
84 4
84 5
81 0
72 3
71.1
70.4
69 5
69 6
70 8
70.9
72 0
74.8
68 1
68 1
68 1
68 1
68.1
68.1
68 1
68 1
68 1
68.1
68 2
68.2
109 5
109 9
110 4
110 8
111.1
111 5
112 0
112 3
112 6
113 0
113 1
113.6
220 8
231 3
244 3
188 9
188.9
188.8
188 9
188 9
188 9
188.9
190 7
203.0
1937 — Jan
75 4
76,0
77 1
77 6
78 3
80 3
81 1
81 5
81 9
82 2
82 4
82 6
68 2
68.2
68 3
68 4
68 4
68 5
68 5
68 5
68 6
68 6
68 6
68 6
114 2
114.7
114 8
115 3
115 6
115 8
116 9
117 7
118 0
118 7
119 3
120 1
217 0
230.4
237 2
215 0
211 2
201 1
187 0
189 0
189 0
189 0
189 0
189 0
240
240
241
241
241
242
242
243
243
243
244
244
2
5
0
3
8
2
7
0
3
7
0
4
659 1
659.3
659 4
636 4
636.6
636 7
629 4
617 2
614 0
648 3
645 9
650 0
27.9
29.4
29.4
29 4
29.4
29 4
29 4
29 4
29 4
29 4
29 4
29 4
2,584.5
2,584.5
2,584.5
2,584.5
2,647.1
2,689.5
2,689 5
2,689.5
2,689 5
2,689.5
2,689 5
2,689.5
76,8
76.8
76.8
76.8
76.8
76.8
76 8
76.8
76.8
76.8
76 8
74.4
58.5
58.5
58.5
58.5
58.5
55.1
55.1
55.1
55.1
55.1
55.1
51.7
48.6
48.9
49.2
49.6
49.7
50.0
50.2
50.4
50.8
52.1
52.4
50.9
12.7
11.5
14.7
10.5
16.7
8.2
3.2
3.6
6.0
4.4
4.5
4.5
1938—Jan
Feb. ..-
82 8
83.0
83 3
83 4
83 6
84 7
84.9
85 1
83 0
82 1
83 9
84 5
68 6
68.6
68 6
68 6
68 6
68 6
68.6
68 6
68 6
68 7
68 7
68 7
120 5
121 2
121 8
122 1
122 5
123 2
123 5
124 1
128 8
132 0
132 3
132 8
189 0
183 7
188 6
186 1
188 4
187 2
189.9
202 3
220 1
218 9
220 2
220 2
245
252
260
261
272
279
279
280
310
320
320
320
0
8
9
2
1
1
5
1
2
6
9
9
689 5
701.1
700 0
699.2
688.2
680 6
675.9
688 2
691 6
697 0
701 1
701 0
29 4
29.5
29 5
29.5
29.5
29 5
29.5
29 5
29 5
29 5
29 5
29 5
2,689 5
2,689.5
2 689 5
2,689.5
2,689.5
2 689 5
2,689.5
2,689 5
2,689 6
2,689.6
2,689.6
2,689.6
74 4
74.4
74 4
71.1
71.1
71 1
71.1
71.1
71 2
69.5
69.5
69.5
51.7
51.7
51 8
51.8
51.8
51.8
51.8
51.8
51.8
51.8
51.8
51.8
51.2
51.4
53.1
54.4
54.5
54.6
54.7
55.0
56.2
56,4
56.8
56.9
5.3
5.3
6.8
6.9
10.5
9.6
8.9
10.1
6.3
9.6
11.1
13.8
330
331
331
339
344
345
348
354
356
332
332
307
9
5
9
0
3
7
1
9
8
3
7
8
701.0
682 3
641 6
599 4
599 6
599 5
597 1
587.0
586.9
580.9
560 4
548.7
29.5
29 5
29 5
29 5
29 5
29.5
29 5
29.5
29.5
29.5
29 5
29,5
n , 041 . 6
67.8
67 8
67.8
67.8
67.8
67.8
67 8
.67.8
67.8
67.8
67.8
67.9
51.8
51.7
51.7
51.7
51.6.
51.7
51.6
51.6
51.6
51.6
51.6
51.6
57.0
57,0
57.1
57,1
57.2
57.2
57.3
57.3
59.2
59.2
59.2
59.3
14.5
16.7
12.7
14.3
21.1
20.4
18.2
9.3
5.4
5.7
7.2
7.4
1935— Jan
Feb
Mar
Mav
June
July
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec
Apr
May
July
Aug
Sept
Oct
Nov
Dec
1939— Jan
Feb
Mar
Apr
May
June
July
AUK
Sept
Oct
Nov
Dec
84
84
85
84
84
84
17
84
8
8
0
2
2
3
3
68
68
68
68
68
68
68
68
68
68
68
68
7
7
7
8
8
8
8
8
8
8
9
9
133
133
134
134
136
136
137
'147
148
150
150
151
4
7
0
7
2
9
3
9
9
2
9
6
220
218
220
217
217
219
219
221
234
242
254
248
3
9
9
8
8
5
5
7
0
8
2
9
524 8
7.9
7 9
7.9
7.9
35.2
36 8
36.8
1,041 6
•I, 066.1
1,066.1
1,066.7
1,067.3
4
1,161 6
1,161.6
*.6
.8
.9
.9
747.8
839.3
BANKING AND MONETARY STATISTICS
554
NO. 160-GOLD RESERVES OF CENTRAL BANKS AND GOVERNMENTS, BY
[In millions of dollars. Gold valued at $20.67 per
Date
1940—Jan.
Feb
Mar.
Apr
May
June
July
Aug.
Sept
Oct.
Nov
Dec.
1941—Jan.
Feb
Mar.
Apr
May
June .
July
Aug.
Sept
.
Oct.
Nov. ._ ._
Dec.
Iran
Guate- Hungary Iceland
(PerBia)
mala
8.0
8.0
8.0
9.4
9.4
9.4
9.4
9.5
9.6
9.5
9.5
9.6
24.6
24.5
24.5
24.5
24.5
24.5
24.6
24.6
24.5
24.5
24.5
24.5
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
25.6
25.6
25.6
25.6
25.6
25.6
25.6
25.6
25.6
25.6
25.6
25.6
9.6
9.6
9.6
9.6
9.7
11.3
11.3
11.3
11.3
11.3
11.3
11.3
24.5
24.5
24.5
24.5
24.5
24.5
24.5
24.5
24.5
24.5
24.5
24.5
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
25.6
25.6
25.6
25.6
25.6
25.6
25.6
25.6
25.6
25.6
25.6
25.6
Italy
"138.8
120.0
Japan
Java
163.6
163.6
163.6
163.6
163.6
163.6
163.6
163.6
163.6
163.6
163.6
163.6
90.2
90.3
90.4
100.3
100.3
98,1
103.0
103.4
108.9
109.1
129.4
139.6
163.6
163.6
151.9
170.8
178.4
173,6
173.7
173 4
173 4
193 2
200,6
200 3
227 9
235.4
(16)
Latvia
13.9
13.9
13.9
13.9
14.0
14.0
14.0
Lithuania
9.0
9.0
9.0
9.7
10.2
11.2
11.3
11.3
Mexico
27.3
23.1
25.4
26.9
27.6
30.6
32.7
29.7
24 8
28.2
31 5
47.4
50.3
52 0
53 7
56.2
57 7
59.0
60.4
59.1
57.2
54.2
51.9
47 0
Morocco
3.5
3.5
3.5
New Norway Peru
Netherlands
Zealand
692.2
692.2
692.3
649.9
624.7
624.8
627.5
624.3
634.1
629.0
621.0
617.4
23.1
23.1
23.1
23.1
23.1
23.
23.
23.
23.
23.
23.
23.
84.3
84.3
84.2
20.1
19.8
19,9
19.6
19.6
19.0
20.2
20.6
20.7
20.8
21,0
20.4
615.5
614.2
614.1
572.3
572.3
572.7
572.8
573.1
573.2
573.3
574.2
574.6
5:
23.
........
19,6
19.9
20.2
20.5
20.4
20.1
20.5
20.2
20.7
20.7
20.9
21.3
23.
23.
23.
23.
23.1
23,1
23.1
23.1
23.1
.....
* Figure carried forward from last previous official report, as represented by last previous figure without asterisk.
1
Totals are incomplete and not fully comparable; totals omitted beginning February 1934. For explanation, see introductory text, p. 525,
of the Board include gold coin in circulation in addition to the gold reserves of the Treasury and the Federal Reserve Banks, which are shown
in this table.
3
Reported as nil.
4
Change from previous month associated with special internal gold transfer; these transfers listed in chronological order on p. 526,
> Less than §50,000.
6
Beginning with March 15, 1939, Protectorate of Bohemia and Moravia.
7
Figures given in terms of new par for purpose of comparison only; new parity did not become effective until after close of business January
31, 1934.
8
Figure for March 7. By decree of March 17, 1938, Austrian National Bank absorbed by German Reichsbank.
9
Figure for June 15, 1939; in subsequent Reichsbank statements gold included in item "gold and foreign exchange," except for December
1941, when gold was again reported separately.
10
Last reported figure. By decree of September 5, 1939, Bank of Danzig absorbed by German Reichsbank.
GOLD
555
COUNTRIES, DECEMBER, 1I1S-1I27; MONTHLY, JUNE 1928-DECEMBER 1S4!-Continued
fine ounce through January 1934, at $35 thereafter]
Date
South
Poland Portugal Rumania Africa
1940—Jan
Feb.
Mar
Apr.
May .. .
June
July .
Aug.
Sept,
Oct
Nov.
Dec, . ..
1941 — jan
Feb.
Mar
Apr
May
June
July
Aug
Sept.
Oct. „
Nov.
Dec. . „
11
Spain Sweden
Switz- Thailand
erland (Siam)
Turkey
United
Kingdom
Uruguay
9
1.0
68 9
68.9
68 9
68.9
68.9
68.9
68.9
08.9
69.0
59.4
59.4
59.4
152 2
152.6
153 0
153.5
154.6
154.9
155.6
156 0
156.5
157.0
157.2
157.6
252 8
267.6
271 7
278.7
298.0
302 0
305.1
307 8
313.8
328.3
351 1
367.2
258 0
218.0
173 2
179.1
188.7
198 6
172.6
153 4
151.9
150.1
156.6
160.0
536 4
527 0
520 4
515 3
501.1
493 3
488.4
489 6
489.7
500.0
501.1
502.2
36 8
36 8
36 8
36 8
36.8
36 8
36.8
36 8
36.8
36.8
36.8
36.8
29 5
92.0
88 4
87.6
87.9
88 2
86.3
86 6
86.8
86.7
86.9
88.1
59 4
59 4
59 4
59 4
59.4
59 4
59.4
59 4
59.4
59.4
59 4
59.4
157 8
158 1
158 4
171 1
172.5
174 8
178 1
178 5
178 7
179.6
180 6
181.7
375 6
388 2
401 3
413 0
417.9
426 7
430 6
436 1
450 0
422.4
399 9
366.1
165 3
170 5
172 3
173 9
179.7
192 2
189.3
191 4
190 8
192.3
196 4
223.4
520 1
523.9
527 4
527 6
530.0
527 6
532.6
525 3
543 0
560.0
602 2
665.2
36 8
36.8
36 8
36 8
36.8
87 3
87.3
88 6
95 2
96.3
96 5
95.4
92 5
91.7
91.1
92 3
92.3
42.2
o
0
.0
0
.0
0
.0
1.0
1.0
1.0
10
1.0
10
10
1.0
10
1.0
10
1.0
1.0
1.0
1.0
U.S.
S.R.
(Russia)
Bank
for International
Settlement*
Venezuela
Yugoslavia
67 9
67.9
67 9
67 9
67.9
67.9
18
89.5
88 5
86.8
86.2
88.1
90.3
51 6
51 6
51 6
51 5
51 5
51 5
51 5
51 5
51 4
51.4
51 4
28.9
59 9
60 6
61 0
61 6
64 4
66 9
68 1
69 4
70 9
74.0
77 3
81.7
9 6
9 6
10 o
0 2
9 4
9 7
10 1
9 6
87
13 7
11 1
11.6
95 3
97.3
100 3
104 8
108.0
108 0
108.0
108 0
106 5
102.4
101 4
99.9
34 8
36 5
40 2
40 3
40.3
40 4
40 4
40 6
40 6
40.6
40 6
40.6
83 2
83 1
13 4
13 1
13 1
11 9
90
10 1
9 2
9 2
9 4
10.3
10 4
11.8
Special reports no longer available on gold carried in Central Bank's balance sheet under item "gold at home—extension of exchange fund*
gold 2abroad and foreign exchange" (beginning September 1940, "gold and foreign exchange abroad"),'
Change from previous December due largely to inclusion of gold formerly not reported separately.
3
Figure is for 10th of month.
4
Figure is for 20th of month.
6
Decline from official figure for December 1935 to that for December 1936 distributed monthly on basis of gold imports from Italy during that
per od reported by other countries.
6
Figure is for August 1.
7
By decree of Governor General of Poland of December 15, 1939, new Central Bank of Poland was established without gold reserves.
8
Increase due to inclusion of additional gold reserves abroad not previously reported.
9
Beginning March 29, 1941, gold reserves no longer reported separately,
S E C T I O N 15
INTERNATIONAL FINANCIAL STATISTICS
Page
558
Text
INTERNATIONAL CAPITAL TRANSACTIONS AND POSITION OF THE UNITED STATES
Table 161. Short-terra foreign liabilities and assets reported by banks in the United States, by
countries, monthly, May 1929-June 1931; weekly, July 1931-December 1941
Liabilities
Assets
Table 162. Net capital movement to United States, weekly, cumulative from January 2, 1935
to December 31, 1941
Total capital movement, by types
Total capital movement, by countries
Increase in foreign banking funds in U. S., by countries
Decrease in U. S. banking funds abroad, by countries
.Foreign securities: return of U. S. funds, by countries
Domestic securities: inflow of foreign funds, by countries
Inflow in brokerage balances, by countries
Table 163. International capital position of the United States, 1937-1940
574
585
596
602
608
614
620
626
632
637
FOREIGN BANKING CONDITIONS
Table 164. Bank of England—principal assets and liabilities, yearly, 1914-1927; monthly,
1928-1941
Table 165. Bank of France—principal assets and liabilities, yearly, 1915-1927; monthly,
1928-1941
'.
Table 166. Bank of Canada—principal assets and liabilities, monthly, 1935-1941
Table 167. Reichsbank—principal assets and liabilities, monthly, 1924-1941
Table 168. Commercial banks in United Kingdom—principal assets and liabilities, monthly,
1930-1941
Table 169. Commercial banks in France—principal assets and liabilities, monthly, 1930-1941, .
Table 170. Commercial banks in Canada—principal assets and liabilities, monthly, 1930-1941. .
Table 171. Commercial banks in Germany—principal assets and liabilities, June and November,
1930-1933; monthly, 1934-1941
Table 172. Money rates in selected foreign countries, monthly, 1924-1941
FOREIGN EXCHANGE RATES
Table 173. Foreign exchange rates, by countries, monthly
Page
Page
Argentina
662
Egypt
669
Australia
662
Finland
670
Austria
663
France
670
Belgium
663
Germany
671
Brazil...
664
Greece
671
British India
664
Hong Kong
672
- Bulgaria
665
Hungary
672
Canada
665
Italy
673
Chile
666
Japan
673
China
667
Mexico.
674
Colombia
668
Netherlands
674
Czechoslovakia
668
New Zealand
675
Denmark
669
Norway
675
Poland
Portugal
-..
Rumania
Russia
South Africa
Spain
Straits Settlements. .
Sweden
Switzerland
Turkey
United Kingdom
Uruguay
Yugoslavia
638
641
644
645
648
650
652
655
656
Page
676
676
677
677
678
678
679
679
680
680
681
681
682
SECTION 15
INTERNATIONAL FINANCIAL STATISTICS
This section is divided into three parts—"International Capital Transactions and Position of
the United States" (Tables 161-163), "Foreign
Banking Conditions" (Tables 164-172), and
"Foreign Exchange Rates" (Table 173).
Statistics relating to the international capital
transactions of the United States are presented
in the first part of this section and in the tables
on gold in the preceding section. Gold movements, which, together with changes in the foreign balances of national monetary authorities,
reflect the net balance of all other international
payments, are shown in detail in the preceding
section. That section also gives in Table 157
a summary of the principal factors in the international balance of payments of the United
States since 1914. Among these factors is the
flow of capital in various forms between the
United States and foreign countries. During the
1920's and early 1930's there were broad movements of foreign capital with important repercussions in various countries. In the late 1930's
the great inflow of foreign capital into the United
States, resulting from recovery in this country
and disturbed economic and political conditions
abroad, was chiefly responsible for the tremendous inflow of gold to the United States during
that period and the associated growth of bank
reserves in this country.
Annual estimates on international capital
transactions prepared by the Department of
Commerce for the period beginning 1919, toINTERNATIONAL
CAPITAL TRANSACTIONS AND POSITION
OF THE UNITED STATES
Short-term foreign liabilities and assets.
Table 161 shows the outstanding amounts of
short-term foreign liabilities and assets reported
by banks in the United States for certain dates.
Reports were filed with the Federal Reserve
Bank of New York by the banks in New York
City—including the Reserve Bank itself—beginning May 1929 with respect to short-term liabilities to foreigners and beginning March 1931
with respect to short-term foreign assets. These
reports were replaced beginning December 5,
1934, by weekly reports of the same character
collected by all twelve Federal Reserve Banks
from all banks in the United States, in accordance with the Treasury Regulation of November
12, 1934. The figures are presented for leading
countries and areas through the end of 1941; a
supplementary section gives the data for a num-
gether with estimates from another source for the
period July 1914-December 1918, are summarized in Table 157 in the preceding section.
Beginning in 1929, the Federal Reserve Bank
of New York obtained reports from New York
City banks of the outstanding amounts of their
short-term liabilities to foreigners for end of
month dates; subsequently the reports were obtained weekly and extended to cover short-term
foreign assets of the reporting banks. Table 161
gives these figures up to December 1934 and
since that time similar data reported by banks
throughout the country. Table 162 gives figures
showing the net movement to the United States
of various types of short-term and long-term
capital cumulative since the beginning of 1935.
Table 163 gives for end of year dates in recent
years a summary of outstanding United States
long-term and short-term investments in foreign
countries and foreign investments in the United
States.
The second part of this section (Tables 164172) relates to banking and to money rates in
foreign countries, giving summary data for central banks and commercial banks in four leading
countries and for central bank discount rates and
open-market money rates in a number of countries. The last part of the section (Table 173)
shows exchange rates by months between the
dollar and a large number of foreign currencies,
in many cases beginning with 1913.
ber of additional countries in 1940-1941. Subsequent figures have been published only for the
total reported short-term foreign liabilities and
assets, not distributed by countries. Currently
these figures of outstanding assets and liabilities
have appeared in footnotes to the Federal Reserve Bulletin table "Net Capital Movement to
United States," which shows net changes in the
movement of various types of capital.
In order to make the data suitable for use
in studies of the international balance of payments of the United States, the term "foreigner"
is used in these statistics to designate all those
domiciled outside the United States, including
American citizens domiciled abroad and the foreign subsidiaries and offices of American banks
and commercial firms. Conversely, the term
does not cover citizens or subjects of foreign
5S8
INTERNATIONAL FINANCIAL STATISTICS
countries who are domiciled in the United States,
or American subsidiaries and offices of foreign
banks and commercial firms. Thus, for example,
the head offices of American banks report as
foreign liabilities and assets the amounts due to
and due from their foreign branches, while the
American branches of foreign banks similarly
report their liabilities to and claims on their
head offices abroad.
"Short-term" liabilities and assets are defined
as those payable on demand or maturing in not
more than one year. The reported short-term
liabilities to foreigners are primarily obligations
of the reporting banks and bankers; they also
include, however, certain other American liabilities to foreigners of which the reporting banks
have knowledge, such as bills and short-term
securities held by the banks for foreign account
but constituting obligations of other persons in
the United States, and the net liability on acceptances made by foreign banks for the account
of persons in the United States with the guarantee of the reporting institution. Similarly, while
the reported foreign assets consist principally of
claims on foreigners by the reporting banks and
bankers for their own account, they also include
certain assets, such as deposits with foreign
banks and commercial bills drawn upon foreigners, which are held by the reporting institutions
for the account of their domestic clients. It
should be noted that the reported figures cover
the short-term foreign liabilities of the United
States more completely than American shortterm foreign assets; while the statistics include
all deposits held with domestic banks' and bankers by foreigners, they do not cover deposits held
directly with foreign banks by individuals and
firms domiciled in this country.
Net capital movement to the United States.
Table 162 in its various sections gives cumulative
weekly figures showing for the period January 2,
1935 - December 31, 1941, capital movements
arising from various types of international transactions. These statistics cover not only the
international capital movements arising from
changes in the short-term foreign liabilities and
assets reported by banks in the United States,
as described in the preceding paragraphs, but
also those attributable to international security
transactions and changes in international brokerage balances. Pursuant to the Treasury Regulation of November 12, 1934, banks, bankers,
brokers, and dealers in the United States report
all long-term security transactions in which they
engage and to which a "foreigner"—as defined
above—is a party. The reported figures approximate the market value of the securities purchased or sold by foreigners. "Long-term" se-
559
curities are defined as those having no contractual maturity (e.g., common stocks) or a
maturity of more than one year. Pursuant to
the same Treasury Regulation, security brokers
and dealers report the balances (debit and credit)
held on their books for the account of foreigners,
as well as their own debit and credit balances
with brokers abroad. The changes in these
balances constitute the reported international
capital movement in brokerage balances. As in
the case of bank deposits, the reported data do
not cover brokerage balances held abroad directly by individuals and firms domiciled in the
United States.
The first section of Table 162 shows the total
regularly reported capital movement and the
major forms which this movement has taken.
The order in which the columns of this table
appear is designed to bring together as far as
possible forms of capital movement influenced
by similar factors. The column showing the
movement of short-term funds held abroad by
banks in the United States immediately follows
the column showing the movement of foreign
short-term funds in this country, recognizing the
common dependence of these funds, in normal
times, upon the yields offered in different money
markets as determined by interest rates in conjunction with forward exchange rates. The
column for the movement of American shortterm funds abroad is in turn immediately followed by the column showing changes in American investment in foreign securities, for the
reason that, especially in recent years, these two
categories have both reflected the repatriation
of American capital in view of world conditions.
The remaining columns for movement of foreign
investment in domestic securities and of foreign
balances with domestic brokers bring together
all data relating to security transactions, although the factors governing the movement of
American investment in foreign securities and
of foreign investment in domestic securities have
been quite dissimilar.
The other sections of Table 162 classify, according to leading countries and areas, the data
for each form of capital movement, except those
showing the division of the movement of foreign
banking funds in the United States between foreign central bank and other foreign short-term
funds.
More detailed descriptions of the nature of the
capital movements data were published in the
Federal Reserve Bulletin for May 1937, pages
394-98, and April 1939, pages 284-85. It should
be noted that beginning with July 17,1940, "central bank funds in New York City" includes
funds in accounts transferred from central bank
560
BANKING AND MONETARY STATISTICS
to government names, in addition to the funds
described on page 285 of the Federal Reserve
Bulletin for April 1939. In the Bulletin of the
Treasury Department there have been published
more detailed statistics drawn from the reports
riled under the Treasury Regulation of November
12, 1934, covering not only the various types of
capital movement described above but also the
foreign exchange transactions and commitments
of reporting institutions. Annual data on international capital movements, based upon these
and other reports, have been presented for some
time by the Department of Commerce in its
balance of payments surveys and are shown in
summary form in Table 157 of the preceding
section.
The statistics of the regularly reported capital
movement to the United States, distributed by
the major forms which this movement has taken
(as in the first part of Table 162), are currently
published in the Federal Reserve Bulletin. Since
December 31, 1941, however, figures showing the
distribution by countries of the total capital
movement or of its various components have not
been published.
International capital position of the United
States. Table 163 gives figures for United
States investments in foreign countries and for-
eign investments in the United States in 19371940, the distribution of these investments by
leading countries and areas being shown for the
last two years of this period. The short-term
investments in this table consist of the regularly
reported banking funds and brokerage balances,
plus the Philippine Government deposits with
the United States Treasury. The figures for longterm investments are estimates of the International Economics Unit of the Department of
Commerce. United States portfolio investments
in foreign countries consist of foreign dollar
bonds valued at par and other foreign securities
valued at their estimated market value. Foreign
investments in United States market securities
are valued at par in the case of bonds and preferred stocks and at market in the case of common stocks. Direct investments in both directions are taken at their book value, while "other"
long-term foreign investments in the United
States (principally estates and trusts) are assigned a value derived by capitalizing the yield
thereon. Estimates for long-term investments
at the end of 1941 had not been completed at
the time of publication of this book and comparable figures are not available for years prior
to 1937.
FOREIGN BANKING CONDITIONS
Assets and liabilities of central banks.
Tables 164-167 present statistics of principal assets and liabilities of the central banks of the
United Kingdom, France, Canada, and Germany.
These statistics begin with 1914 in the case of the
Bank of England, 1915 for the Bank of France,
March 1935 for the Bank of Canada, and October
1924 for the Reichsbank.
Items shown are those which have the most
bearing on the national and international credit
situation. It is possible with some precision to
distinguish such basic reserve assets as gold and
foreign exchange and to separate, within the
domestic portfolio, obligations of the Government from those of private corporations and individuals. Among the liabilities the fundamental
distinction is between notes in circulation and
deposits, but the term "deposits" has important
differences in meaning among the various central
banks, To some extent it is possible to give
separately the amount of deposits due to commercial banks, which, together with cash in vault,
constitute the working reserves of those banks;
it is also possible in general to distinguish Government accounts,, - In so far as these two types
of deposits are independently shown, all other
deposits generally represent the balances held at
the central banks by private corporations and
individuals. Except in the case of the Bank of
England, the balance sheet total is given in the
statistical tables; assets and liabilities other than
those shown separately are grouped in residual
items "other assets" and "other liabilities."
The following paragraphs give additional information concerning the figures in Tables 164167. There is included for each central bank a
tabulation which shows how the summary items
of assets and liabilities are derived from the
bank's detailed balance sheet. Supplementary
statistical data which have been published in the
Federal Reserve Bulletin are referred to in footnotes to these tabulations.
United Kingdom. It would be misleading to give
total assets and liabilities for the Bank of England's issue and banking departments combined,
since notes held as an asset by the banking department constitute a liability of the issue department. The figures shown in Table 164 for
note circulation exclude amounts held in the
banking department and—from 1919 through
October 1928—amounts held in the currency
notes account against outstanding Treasury currency; these net figures are comparable with the
561
INTERNATIONAL FINANCIAL STATISTICS
is included with "other liabilities'* in the figures
shown in Table 164.
Prior to November 22,1928, the date on which
the amalgamation of the British note issues became effective pursuant to the Currency and
Bank Notes Act of 1928,1 a somewhat less
detailed statement was issued by the Bank. The
balance sheet of the issue department then
grouped together all securities other than the
special "Government debt" item; and in the
statement of the banking department, "discounts
and advances" were not shown separately and
all deposits other than public deposits were
grouped in a single item. As a result, the summary items for which figures are shown prior
to November 1928 do not show separately the
amount of "discounts and advances," nor do they
indicate the distribution between "bankers* " and
"other" deposits.
note circulation data shown for the other central
banks.
The figures shown beginning November 1928
for "discounts and advances"—a term taken
directly from the original balance sheet—are
understood to represent all paper, including
Treasury bills, acquired at the initiative of the
market. The figures for "securities" include
ways and means advances to the Treasury,
reported under "Government securities" in the
original statements of the banking department.
The following tabulation shows how the detailed items in the Bank of England's balance
sheet for December 31, 1941, were grouped to
form the summary items for which figures are
shown in Table 164. The figures beginning
November 1928 have been compiled in this manner, except that through November 1934 the
original statement carried an additional item
under the liabilities of the banking department
entitled "seven day and other bills"; this item
1
See Federal Reserve Bulletin for August 1928, pp. 564-69, and
for December 1928, p. 847, for an account of the amalgamation
of British note issues and of the resulting changes in the Bank's
balance sheet between November 21 and 28, 1928.
BALANCE SHEET OF THE BANK OF ENGLAND FOR DECEMBER 31, 1941: CONDENSED FORM
COMPARED WITH DETAILED FORM
[Numbers in parentheses in condensed form refer to items as numbered in detailed form]
In millions
of pounds
sterling
Assets
Condensed Form
Condensed Form
Assets of Issue Department
Gold (5)
Other assets (1, 2, 3, 4)
Assets of Banking Department
Cash reserves
Coin (10) . _ _ . . . _ Notes (9)
._._
Discounts and advances (7)
Securities (6, 8)a...
Total
.2
780.0
.3
28.5
6.4
267.8
_____
1,083.2
11.0
767.0
2.0
0
Amount of fiduciary issue
5. Gold coin and bullion
..
1,083.2
Total
Notes issued
I. In circulation
_.
2 In Banking Department
780.2
Banking Department
6. Government securities
Other securities
7. Discounts and advances
8, Securities
_
240.6
64
27 2
_
33.6
28.5
10. Gold and silver coin..
3 Proprietors' capital
4 Rest
5 Public deposits
Other deposits:
6 Bankers'
7 Other accounts
.3
_ _
Total
303.0
_
_
780.2
Total
Banking Department
Grand total
751.7
28.5
_ - -
780.0
.2
Total
Total
219.9
11.2
54.1
17.9
28.5
Detailed Form
Issue Department
Government debt
Other Government securities
Other securities .
Silver coin
___
Total
9 Notes
751.7
Note circulation (l)k
Liabilities of Banking Department
Deposits
Bankers' (6)
Public (5)
Other (7)
Other liabilities (3, 4)
Omitted* Notes in Banking Department (2)
Detailed Form
Issue Department
1.
2.
3.
4.
In millions
of pounds
sterling
Liabilities
Total
1,083.2
Grand total
14.6
3.3
11.2
219 9
54 1
274.0
303.0
1,083.2
•Separate figures for Government and other securities through November 1930 have been shown in tables published in the Federal Reserve Bulletin,
^Figures for outstanding Treasury currency notes and certificates from December 1917 through October 1928, after which they were replaced by
562
BANKING AND MONETARY STATISTICS
France. The statements of the Bank of France and "special" domestic bills—do not appear in
since the German occupation directly reflect the Table 165 before 1936 (the underlying items havfinancial burden laid upon France by the occupy- ing first appeared in that year), while the dising power. Short-term advances to the Govern- tribution of loans on securities between those on
ment—an important element in the Bank's assets short-term Government securities and on other
since June 1936—have been tremendously ex- securities is first shown in the table—and in the
panded to enable the Government to meet its detailed statement—for March 1935. Various
bill for occupation costs. A considerable portion other changes which have occurred in the balof the occupation payments have accumulated ance sheet items since June 1928 are indicated
in a special deposit account maintained at the in the footnotes to the tabulation. Tables which
Bank by the German authorities. Up to the end have appeared in the Federal Reserve Bulletin
of 1941, the amount of the occupation payments have shown separate figures through May 1928
not offset in this manner was reflected in an ex- for the silver reserve and for credits abroad.
In the period prior to June 1928, the statepansion of the note issue, which by that time had
almost doubled since the outbreak of the war ments of the Bank of France were rendered in
a quite different form. An official statement isin 1939.
Because of the appearance of the two new sued by the Bank contrasting the old report form
items relating to occupation costs, and the lim- with the new was published in full in the Federal
itations of space, the figures in Table 165 begin- Reserve Bulletin for August 1928, pages 576-77.
ning with the end of August 1940 give less detail The new report form gave effect to a number of
concerning the normal balance sheet items than changes resulting from the program of monetary
in the previous period. Hence the last date for reform; the Bank's gold and foreign exchange
which a "normal" statement is available was holdings, which previously had not been adeselected for the purposes of the tabulation on the quately reported, were shown in full on a refollowing page, which shows how the detailed valued basis, large advances to the Government
items in the Bank's balance sheet for June 10, were liquidated from the gold revaluation profits
1940, were grouped to form the summary items and disappeared from the balance sheet, while
for which figures are shown in Table 165. In the Bank's holdings of discounted Treasury
general, the figures have been compiled in this bonds were exchanged for marketable issues of
manner since June 1928, the month in which the Caisse Autonome d'Amortissement, an au2
France completed its post-war monetary reforms tonomous Government sinking fund institution.
and reestablished the gold standard. However,
•For the texts of the Monetary Law of June 25, 1928, and of
Bank,
figures for two of the summary items shown in the associated conventions concluded among theissement, the Government, and the Caisse Autonome d1 Amort
see the
the tabulation—"advances to the Government" Federal Reserve Bulletin for August 1928, pp. 570-75.
INTERNATIONAL FINANCIAL STATISTICS
563
BALANCE SHEET OF THE BANK OF FRANCE FOR JUNE 10,1940: CONDENSED FORM COMPARED WITH DETAILED FORM
[Numbers in parentheses in condensed form refer to items as numbered in detailed form]
Liabilities
In millions
of francs
Assets
Condensed Form
Condensed Form
Gold (1)
Foreign exchange (4, 6c, 7) f t
Domestic bills:
Open market (8, 11, 12)
Special (6b) .
.
Other (6a)
Advances to government (14)
Loans on:
Short-term government securities (10)
Other securities (9)
__ .......
Other assets (2, 3, 5, 13, 15, 16, 17).
84,616
108
- ...
44,173
1,518
11,885
36,250
__
Note circulation (5)
Deposits:
Government (6a, 6b).._
Other (6c, 6d)
Other liabilities (1, 2, 3, 4, 7) _
203,771
7. Effets ne*gociables, et autres emplois & court terme &
8. Effets ne"gociables achete's en France (D^cret du 17 Juin
1938)«
9. Avances sur titres
_.
...
10. Avances a trente jours au maximum sur effets publics a
e'che'ance de'termine'e n'exce'dant pas deux ans* _ _ , _ _ . _ _
11. Bons du Tre*sor ne*gociables (Convention du 29 Fevrier
1940 approuvee par le de*eret du 29 Fe'vrier 1940) K
12. Bons negociables de la Caisse Autonome d'Amortissement
(Conventions des 23 Juin 1928 et 7 Decembre 1931)
13. Prets sans interetsa 1'Etat (Loi du 9 Juin 1857, convention
du 29 Mars 1878, loi du 13 Juin 1878 prorogee, lois des
17 Novembre 1897, 29 Decembre 1911, 20 Decembre 1918,
et 25 Juin 1928, convention du 12 Novembre 1938, de*eret
du 12 Novembre 1938)...,
.
...
__.
14, Avances provisoires & 1'Etat (Convention du 29 Septembre 1938 approuve"e par le de*cret du ler Septembre 1939,
convention du 29 Fe'vrier 1940 approuve"e par le de*cret
du 29 Fevrier 1940, et conventionh du 9 Juin 1940 approuve"e par le de"cret du 9 Juin 1940) '
15. Rentes pourvues d'affectations spe'ciales (Loi du 17 Mai
1834, de*crets des 27 Avril et 2 Mai 1848, loi du 9 Juin
1857)
16. H6tel et mobilier de la Banque
17. Divers
, .....
_ ..
Total..
1,049
25,405
2,848
_
Total
203,771
Detailed Form
Encaisse-or (monnaies et lingots) ..
Monnaies d'argent, de nickel et de billon
Comptes courants postaux..
- Disponibilite*s & vue & I'e'tranger
Avances sur lingots et monnaies d'or
Portefeuille commercial et d' effets publics:1*
a. Effets escompte's sur la France .
... 11,885
b. Effets et warrants agricoies souscrits ou
avalises par TorHee du Ble" (Loic du 15 aout
1936, de"cret du 29 juillet 1939)
1,518
c. Effets escomptes sur 1'^tranger
25
a
174,469
2,534
3,822
18,865
Total
1.
2
3.
4
5.
6.
In millions
of francs
Detailed Form
84,616
832
1,291
38
13,427
46
8,777
3,822 .
1. Capital de la Banque
2. Be*ne*fices en addition au capital (Lois des 9 Juin 1857
et 17 Novembre 1897)
3. Reserves mobilieres legates (Loi du 17 Mai 1834, de*crets
des 26 Avril et 2 Mai 1848, loi du 9 Juin 1857)
4. Reserve immobilize .
,.
5. Engagements a vue: billets au kporteur en circulation _- .
6. Comptes courants cre*diteurs:
a. Compte courant du Tre*sor public
. _.
26
b. Compte courant de la Caisse Autonome
d'Amortissement
1,022
c. Comptes courants et comptes de depots de
fonds
25,013
d. Dispositions et autres engagements a vue.
392
7 . Divers
.
.
.
.
183
303
22
4
174,469
26,454
2,336
2,534
30,000
5,396
10,000
36,250
113
4
6,625
203,771
Total
. ,
.. .
203,771
Separate figures for foreign bills and sight balances abroad from June 1928 through November 1930 have been shown in tables published in the
Federal Reserve Bulletin.
b
In the period since June 21, 1928, numerous changes have occurred in the designation of the individual items under this heading; items 7 and 8
now shown separately formerly fell within this group. However, the important distinctions between foreign and domestic bills—and, in the latter
category, between open-market material and other domestic bills—have been maintained throughout (see also footnotes c and c).
o This item first shown in statement for September 11, 1936; when the Bank resumed issuing statements beginning July 10, 1941, the item was
designated "effets garanties par 1'Office des C&eales" and reference was made to a further law of May 19,1941. An item of similar character, grouped
with this item in the summary form appeared in the statements from September 11,1936, through February 10,1938, under the title "effets re'eseompte's
a la Caisse Centrale des Banques Populaires—loi du 19 Aout, 1936." (For summaries of pertinent 1936 laws, see Federal Reserve Bulletin for October
1936, d pp. 785-86 and 788.)
Separate figures for "devises en report," with a corresponding liability item "engagements provenants de reports sur devises," shown on statements from June 25 through December 28, 1938,
• This item first shown in this form in statement for July 7, 1938, pursuant to the decree of June 17,1938, extending the Bank's authority to engage
in open-market operations (see Federal Reserve Bulletin for August 1938, p. 650).
' This item first sho
'
- -~ 1935.
hown in statement- for February 22, - ~
B This item first-shown in statement for March 7, 1940; these bills were received by the Bank on that date in return for gold transferred to the
Exchange Stabilization Fund (see Federal Reserve Bulletinior May 1940, pp. 406-07).
b
This item first shown in statement for June 19, 1936, covering advances pursuant to the convention of June 18, approved by the law of June 23,
1936. Numerous changes have occurred in the references to conventions, further conventions no longer in effect having been concluded on June 30,
1937 (approved by decree of same date), March 22, 1938 (approved by law of March 25, 1938), April 14, 1938 (approved by decree of June 17,1938),
and November 12,1938 (approved by decree of same date).
_vances
consenties & 1'Etat en vue de paiement des defenses d'entretrien des troupes allemandes d'occupation
' An additional item "avances provisoires c
en France" first appears on the statement for August 29,1940, as shown in the Bank's annual report for that year. The French Government has paid
Germany occupation costs at thie rate of 400 million francs a day from June 25, 1940, through May 10, 1941, and 300 million francs a day thereafter.
The bulk of these payments has been financed by advances from the Bank under a series of conventions beginning August 25, 1940, between the Bank
and k French Treasury; the convention of December 26, 1941, raised the total amount of authorized advances to 150 billion francs.
the
An additional item under this general heading entitled "Administration Centrale des Reichskreditkassen" first appears in the statement for
August 29, 1940, as shown in the Bank's annual report for that year. This item represents the unexpended balance of the occupation costs paid to
Germany (see footnote t).
564
BANKING AND MONETARY STATISTICS
Canada. The Bank of Canada commenced
operations on March 11,1935, and the first statement shown is for the end of that month. The
following tabulation shows how the detailed
items in the Bank's balance sheet for December
31, 1941, were grouped to form the summary
items for which figures are shown in Table 166.
The figures have been compiled substantially in
this manner for the entire period covered by
Table 166. Certain minor changes which have
occurred in the balance sheet items are referred
to in the footnotes to the following tabulation. A
notable change in the character of the Bank's
assets took place in May 1940, when its gold
and United States dollar holdings were turned
over to the Foreign Exchange Control Board in
return for short-term Government securities (see
Federal Reserve Bulletin for July 1940, pages
677-78).
BALANCE SHEET OF THE BANK OF CANADA FOR DECEMBER 31, 1941: CONDENSED FORM COMPARED
WITH DETAILED FORM
[Numbers in parentheses in condensed form refer to items as numbered in detailed form]
In millions
of Canadian
dollars
Assets
Condensed Form
Condensed Form
Gold (I)....,
__ .........
Sterling and United States dollars (3}a _ _ _ _ _ _ _ _
Dominion End Provincial Government securities'
Short-term (9a)
Other Ob).
Other assets (2 4 5, 7a-e> 9c, 10 ll) b
Total..... _ _ _ _ _ _ _ _ _ _ _ _ _ _
200,9
391 8
216.7
33 5
Note circulation (3)
„
_ . _ _ , _„ _ _
Deposits:
Chartered banks £4e)
Dominion Government (4a)__ __
_ „_
Other (4d)... _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
__________________
Other liabilities (1, 2, 5, 6). . _
842.9
_________
T*otal
. __
....
232 0
73 8
6.0
35 1
842.9
Detailed Form
1.
2.
3.
4.
200.9
Total
5. Subsidiary coin d
6. Bills discounted
7. Advances to:
a. Dominion Government
b. Provincial Governments
c Chartered and savings banks e
Total
__._
8. Bills bought in open market not including Treasury bills'*
9. Investments:
a. Dominion and Provincial Government short-term
securities *
b. Other Dominion and Provincial Government
securities *
c. Other securities
496.0
_______.._.„„„„„_..
Total______
Detailed Form
Reserve'
1. Gold coin and bullion...._ „., _ _
2, Silver bullion
3, Sterling and United States dollars a ._ __ _ _ _ _
4 Other currencies of countries on a, gold standard
Total
10. Bank premises
11. All other assets
In millions
of Canadian
dollars
Liabilities
200 9
03
Capital paid up
50
Restfund... .
„_
_.__ _____ __ __ __ ___
3.7
Notes in circulation
__.-„
.. ._ „ _ _ „ _ .,„_ _ _ „ _
496.0
Deposits:
a. Dominion Government
73 B
b Provincial Governments^
c. Chartered banks
232 0
d. Other
...
.„_.
0.0
Total
_. „,
5. Sundry liabilities payable in sterling, United States, and
foreign gold currencies - „._
=__.
6. All other liabilities
311 8
26 3
391 8
216 7
608.5
17
31.5
842 9
Total
.
_ _ ___ _ . _ _ _
_
_ _ _..._.__
_.
842.9
• Separate figures for sterling and for United States dollar holdings through September 1936 have been shown in tables published in the Federal
Reserve Bulletin (see footnote c),
b Tables published in the Federal Reserm Bulletin have shown sep&T&tely the amount of advances to the Dominion Government from March 1935
through January 1937, advances to Provincial Governments from May 1935 through December 1936 and for April and May 1937, and holdings of silver
bullion from March through May 1936 and January through May 1937.
0
Separate figures for sterling and for United States dollar holdings shown on statements through September 1936.
<* Reported as nil on statements for entire period.
• Chartered banks only on statements prior to November 1936,
f
Holdings of Provincial Government securities shown separately but reported as nil on statements-prior to November 1936.
INTERNATIONAL FINANCIAL STATISTICS
Germany. Following the inflationary years of
the post-war period, the Reichsbank was reorganized in October 1924.3 The first statement
shown in Table 167 is the one at the end of that
month, the various items representing assets and
liabilities taken over from the old Reichsbank
and converted to a gold basis. Notes in circulation on that date represent the old Reichsbank
notes which were redeemed at the rate of a trillion to one.
The reported gold and foreign exchange holdings of the Reichsbank include only those
amounts held as part of its legal reserves. The
bulk of its holdings of foreign bills are grouped
with domestic paper in its statements. Accommodation granted to the market by the Reichsbank
8
For an account of this reorganization, see Federal Reserve
Bulletin for November 1924, pp. 854-58.
565
is shown as "bills, etc." and "loans on securities/' the distinction between the two types being
made because of the different bank rates to which
they are subject. It is not possible, as in the
case of the Bank of England, to distinguish accommodation granted at the initiative of the
market.
The following tabulation shows how the
detailed items in the Reichsbank's balance sheet
for December 31, 1941, were grouped to form
the summary items for which figures are shown
in Table 167. In general, the figures for the
entire period shown have been compiled in this
manner; however, certain changes which have
occurred in the form of the Reichsbank's statement during this period, especially in June 1939,
are indicated by footnotes to the tabulation.
BALANCE SHEET OF THE REICHSBANK FOR DECEMBER 31, 1941; CONDENSED FORM COMPARED
WITH DETAILED FORM.
[Numbers in parentheses in condensed form refer to items as numbered in detailed forml
Assets
In millions
of Reichsmark
Liabilities
Condensed Form
Condensed Form
Reserves of gold and foreign exchange:
Total reserves (1)
Gold a
Bills (and checks), including Treasury bills (2) b
Securitv loans (4)
Securities:
Eligible as note cover (3)
Other (7)
_
,
Other assets (5, 6, 8)
Total
77
21,656
32
Note circulation (3) *
Deposits (4)
Other liabilities (1,2,5,6)
Total
Detailed Form c
Total
_
--
19,325
3 649
1,492
107
283
2,311
24,465
1 Deckungsbestand an Gold und Devisen d
2. Bestand an Wechseln und Schecks sowie an Schatzwechseln des Reichs *
3 Bestand an Wertpapieren, die nach §13 Ziffer f3 angekauft
worden sind (deckungsfahige Wertpapiere) ,_ ..
4. Bestand an Lombardforderungen
5, Bestand an deutschen Scheidemtinzen
6. Bestand an Rentenbankscheinen *
7. Bestand an sonstigen Wertpapieren *
8, Bestand an sonstigen Aktiven b
In millions
of Reiehsmark
24,465
Detailed Form «
77
21,656
107
32
88
137
283
2,085
24,465
1, Grundkapitalb
2. Rticklagen und Rucks tellungen:
a. gesetzliche Riicklagen
- - b. sonstige Riicklagen und Rucks tellungen1*
3. Betrag der umlaufenden Noten
4. Taglich fallige Verbindlichkeiten
.._
5. An eine Kiindigungsfrist gebundene Verbindlichkeiten
6, Sonstige Passiva
Total
150
114
555
19,325
3,649
672-
24,465
a No figures available after June 15, 1939 (see footnote d). Separate figures for gold held abroad from October 1924 through November 1930 have
beenb shown in tables published in the Federal Reserve Bulletin.
Separate figures for Treasury bills from October 1930 through May 1939 have been shown in tables published in the Federal Reserve Bulletin.
0
This form of statement was prescribed by Section 23 of the Law Concerning the German Reichsbank dated June 15, 1939 (see Federal Reserve
Bulletin for September 1939, pp. 737-42).
<* Separate figures for gold and for foreign exchange, showing in addition the distribution of the gold between that held at home and that held with
foreign central banks, were shown in statements through June 15, 1939.
* Separate figures for Treasury and for other bills shown in statements through June 15, 1939.
. f Securities eligible as note cover not shown separately from other securities in statements prior to October 31, 1933.
« This item designated "Noten anderer Banken" (notes of other banks) through June 15, 1939.
b
Unissued shares reported on both sides of the balance sheet through April 30, 1931, but omitted entirely from the condensed form.
' Supplementary figures for note circulation of the Rentenbank from October 1924 through November 1930 have been shown in tables published
in the Federal Reserve Bulletin.
k
Separate figures for dividend reserve shown in statements through June 15, 1939.
566
BANKING AND MONETARY STATISTICS
Assets and liabilities of commercial banks.
Tables 168-171 summarize commercial banking
developments in the United Kingdom, France,
Canada, and Germany beginning with 1930, as
indicated by monthly figures for the principal
assets and liabilities of a group of the leading
banks in each country. Figures are not included
for years prior to 1930 since it was not possible
to put them on a comparable basis. The principal
classes of banking assets are shown separately,
roughly in the order of their liquidity, and under
liabilities the distribution is shown between
"demand" and "time" deposits. More detailed
information concerning the figures for each
country is given in the following paragraphs.
United Kingdom. The figures for the United
Kingdom are based upon reports by the London
clearing banks, of which there were ten through
1935 and eleven thereafter. Through August
1939, each bank reported on a fixed day of the
week, which varied from bank to bank; monthly
average figures were calculated for each bank on
the basis of its four or five weekly reports issued
during the month. The figures shown in Table
168 are aggregates of these monthly averages
for all clearing banks. Beginning with September 1939, the figures shown are aggregates of
monthly data reported by individual banks on
varying days toward the end of the month.
The figures shown in Table 168 are derived
from the published consolidated statements of
the banks except those for demand and time
deposits. Data showing the distribution of total
deposits between these two categories were first
published in the summer of 1931 in the report
of the Committee on Finance and Industry
(Macmillan Report). The figures in Table 168
through March 1931 were drawn from this
source, thereafter through February 1932 from a
comparable series published in the League of Nations Monthly Bulletin of Statistics, and thereafter from the Statistical Summary of the Bank
of England. Prior to 1938 the separate figures
for demand and time deposits do not include
those held by one bank's foreign branches, so
that in this period the aggregate of these two
items is somewhat less than the item for total
deposits.
The following tabulation shows how the
detailed items in the original statements of the
banks for December 1941 were grouped to form
the summary items for which figures are shown
in Table 168. The figures for the entire period
shown have been compiled in this manner, except
that the item for "Treasury deposit receipts" did
not appear in the banks' statements until July
1940. These receipts, included with "bills discounted" in the figures in the table? represent
six-month loans to the Treasury at one and oneeighth per cent. They may be tendered by the
banks in payment for long-term Treasury securities subscribed by the banks or their customers,
and in an emergency may be redeemed by the
banks at a discount equal to the Bank of England rate.
BALANCE SHEET OF 11 LONDON CLEARING BANKS FOR DECEMBER 1941: CONDENSED FORM
COMPARED WITH DETAILED FORM
[Numbers in parentheses in condensed form refer to items as numbered in detailed form]
Assets
In millions
of pounds
sterling
Condensed Form
Condensed Form
Cash reserves (1).
Money at call and short notice (4)
Bills discounted (S, 6)
Securities (7)
_,.._ TjoapB V* customers (3, 8)
Other assets (2, 9, 10, 11)
366
141
929
999
823
324
Deposits: b
Demand
Time »>
Total
Total
» This item not shown prior to July 1940.
*> From Statistical Summary of the Bank of England.
_.„____.__„_..._
...
3,320
253
„_
3,582
Detailed Form
Detailed Form
1 . Coins, bank notes, and balances with the Bank of England
2. Balances with and checks in course of collection on other
banks in Great Britain and Iceland..
3. Items in transit
4. Money at call and short notice
5. Bills discounted. _ _
j .
6. Treasury deposit receipts *
7. Investments..
8. Advances to customers and other accounts .
9. Liabilities of customers for acceptances, endorsements,
etc. ..
.
„___._.
.
10. Bank premises account
11, Investments in affiliated banks
2,168
1,161
Total (3)
Other liabilities (1, 2, 4t 5) . .
3,582
Total
In millions
of pounds
sterling
Liabilities
. 366
146
16
141
171
758
999
807
I
2.
3.
4
5.
Capital paid up
Reserve fund
_„
Current, deposit, and other accounts
Acceptancest endorsements, etc.
Notes in circulation
_. __ _ „
_. . .,
„„_,„
78
62
3,329
111
1
111
43
24
3,582
Total
3,582
567
INTERNATIONAL FINANCIAL STATISTICS
France. The figures for France through March
1940, shown in Table 169, were compiled from
end of month statements of four large French
commercial banks: Comptoir National d'Escompte de Paris; Credit Lyonnais; Societe
Generale de Credit Industriel et Commercial;
and Societe Generale pour favoriser le Developpement du Commerce et de 1'Industrie en France.
From April through August 1940, no adequate
data are available; beginning September 1940,
the figures cover only three banks, data for the
Societe Generale de Credit Industriel et Commercial—the smallest of the original four—not
being available.
French commercial banks do not follow a common balance sheet form so that it has been necessary to combine certain items which would
not normally be grouped together; for instance,
coupons to be cashed are included among "bills
discounted" since they are so classified by banks
not reporting them separately. Also "cash reserves" and "due from banks" can not be shown
separately prior to November 1931, for until that
time they were reported as a single item by the
Credit Lyonnais. "Loans" as shown in Table 169
excludes the liability of customers for acceptances, which is grouped with "other assets."
This liability is included with loans—"comptes
courants, debiteurs, ou divers"—in the statements of the Credit Lyonnais and the Societe
Generale pour favoriser, etc.; however, its
amount for these two banks is shown by the
corresponding item in their statements showing
their own liability on acceptances. In accordance with general American accounting practice,
unpaid capital, which appears on both sides of
the original balance sheets, is excluded in the
condensed form.
The following tabulation shows how the detailed items in the original statements of the
three banks for December 31,1941, were grouped
to form the summary items for which figures are
shown in Table 169. Not all of the detailed items
shown appear in each bank's statement; also
many of the items shown are only representative
headings, different variations of which are used
by individual banks. The figures for the entire
period shown have been compiled in this manner,
only insignificant changes having occurred in the
designation of the items; the items in the statement of the fourth bank, not covered by this
tabulation, have closely approximated those
shown here.
BALANCE SHEET OF 3 FRENCH COMMERCIAL BANKS FOR DECEMBER 31, 1941: CONDENSED FORM
COMPARED WITH DETAILED FORM
[Numbers in parentheses in condensed form refer to items as numbered in detailed form]
Assets
Liabilities
Millions
of francs
Condensed Form
Condensed Form,
Cash reserves (1). Due from banks (2, 7}
Bills discounted (3 4)
Loans (5, 6)
Other assets (8 9 10, 11, 12 14)
6,424
3,260
57,707
7,859
1,744
Total as shown in table..
Omitted* unpaid capital (13)
76,995
302
Total as shown by detailed form
77,297
Deposits:
Demand (l t 2, 3, 4)
Time (5)
13, Aetipnnairefl (appela diff^r&j fjnr actions)
______
.-.
Total
Own acceptances (6) .
Other liabilities (7, 8, 9, 10, 11, 12, 13 minus 13 on the assets
side)
Total as shown in table
Omitted: unpaid capital (13)
_
...
Total as shown by detailed form
6,424
3,228
57,409
298
996
6,863
32
38
28
1,167
393
118
302
1. Comptes de cheques et d'escompte
2. Comptes exigibles apre^s encaissement
3. Comptes courants, cre*diteurs ou divers
4. Depots et J-»rms £ vqe „ - - . - , , . - . ^ , , „
,u „ ,
5. Bons (ddp6ts) & dch&mce fixe
6. Acceptations a payer
7. Comptes d'ordre et divers
8. Inte'rSts et dividendes & payer aux actionnaires
9. Report des exercices ante"rieurs
_
10. Be"ne*fices reported & nouveau.
11. Comptes des actionnaires
.
.. .. . .
12. Reserves-...,
_
13. Capital
,_
14. Acompte de 1'exercice
Total .
77,297
Total
„
» Adjusted to exclude from item 6 and include in item 11 the liability of customers on acceptances for all three banks (see text).
71,303
433
71,736
393
4,, 8 65
76,995
302
77,297
Detailed Form
Detailed Form
1. Esp&ce en caisse, au Tre"sor, et a la Banque de France
2. Avoir dans les banquea et chez les correspondents
3. Portefpyille «t b«n« de '«• defense nationals
4. Coupons & encaisser
5. Avances guaranties et reports
.......
6 Comptes courants debiteurs QU divers *
7. Agences hors d' Europe
8. Rentes, actions, valeurs, etc.
„_
9. Participations financidres
10. Comptes d'ordre et divers
11 Comptes de*biteurs par acceptations B
12. Immeubles et immobilize
Millions
of francs
20,405
317
37,307
13,274
433
393
1,969
9
97
18
7
1,642
1,425
77,297
568
BANKING AND MONETARY STATISTICS
Canada. Commercial bank statistics for Canada, shown in Table 170, are derived from end of
month statements of ten chartered banks, as
published in the Canadian Gazette. The banks
included are the Bank of Montreal, Bank of
Nova Scotia, Bank of Toronto, Banque Provinciale du Canada, Canadian Bank of Commerce,
Royal Bank of Canada, Dominion Bank, Banque
Canadienne Nationale, Imperial Bank of Canada, and Barclays Bank (Canada). The Gazette
does not publish the banks' statements as full
balance sheets, the profit and loss account being
customarily omitted. In Table 170 this account
is included in "other liabilities."
There are several important foreign branches
of Canadian banks—particularly in Cuba and
Argentina. Movements of deposits, loans, and
other accounts in these branches largely reflect
developments abroad rather than in Canada.
So far as possible these foreign accounts have
been relegated in Table 170 to "other assets" and
"other liabilities." "Security loans abroad and
net due from foreign banks" represents chiefly
secondary reserves of the parent banks in Canada. They are foreign exchange holdings upon
which the parent banks can draw to meet a drain
of funds out of the country or to replenish their
domestic cash holdings. Security loans abroad
have been composed chiefly of loans on the New
York Stock Exchange.
The net amount due from foreign banks is
calculated from gross "due to" and "due from"
figures in the original statements. Also the table
shows the net note circulation outside the banks,
rather than the total volume of notes issued by
the banks. In the tables published in the Fed-
eral Reserve Bulletin prior t'o the issue for June
1941, the amounts due to foreign banks and the
amounts of interbank noteholdings were excluded
from both sides of the balance sheet; however, in
subsequent issues of the Bulletin and in the
present publication, these amounts are included
in both "other assets" and "other liabilities" (see
footnote * to the tabulation on the next page).
The tabulation shows how the detailed
items in the original statements of the banks
for December 31, 1941, were grouped to form
the summary items for which figures are shown
in Table 170. The figures beginning with March
1935 have been compiled in this manner. Before
the Bank of Canada commenced operations on
March 11,1935, the detailed items differed somewhat from their present form. The principal
difference is that "cash reserves" then included
cash deposited with the Canadian Bankers* Association ("deposit in the central gold reserves")
in place of deposits with—and notes of—the
Bank of Canada. A tabulation showing how the
items in the statements for June 30, 1933, were
grouped for the purposes of publication is shown
in the Federal Reserve Bulletin for October 1933,
page 646. This tabulation accurately describes
the compilation of the figures in Table 170 prior
to March 1935, except that (a) it does not reflect
the revised treatment of interbank noteholdings
and amounts due to foreign banks (see previous
paragraph and footnote * to the following tabulation), and (b) in July 1934 a variety of minor
changes were made in the detailed items in the
original statements, most of which were retained
in the new form used beginning March 1935.
INTERNATIONAL FINANCIAL STATISTICS
569
BALANCE SHEET OF 10 CANADIAN CHARTERED BANKS FOR DECEMBER 31, 1941: CONDENSED
FORM COMPARED WITH DETAILED FORM
[Numbers in parentheses in condensed form refer to items as numbered in detailed form]
Assets
In millions
of Canadian
dollars
Liabilities
Condensed Form
Condensed Form
Entirely in Canada:
Cash reserves (1, 2, 5, 6)...,- =
Security loans (19)---.,
__._
Other loans and discounts (21, 23, 24)----—.
Security loans abroad and net due from foreign banks (11,
12, 20; minus 9 and 10 on the liabilities side) B _._
__-.
Securities (14, 15, 16, 17, 18)
Other assets (3, 4, 7, 8, 9, 10, 13, 22, 25, 11 27, 28, 29, 30, 31, 32,
26,
plus 9 and 10 on the liabilities side)
In millions
of Canadian
dollars
Note circulation (1 minus 7 on the assets side)3,,
Deposits payable in Canada (excluding interbank deposits):
Demand (2, 3, 5)_
_
1,436
Time (6)
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1,669
356
32
1,169
__________
____________________
Other liabilities (7 on the assets side, 4, 7, 8,a9, 10, 11, 12, 13,
14, 15, 16, 17, plus profit and loss account) c
1,759
653
Total.
4,137
Total.
Total.
4,137
Detailed Form
Detailed Form
Gold held in Canada,
...
_.
Subsidiary coin held in Canada
Gold held elsewhere,
Subsidiary coin held elsewhere.
....
Notes of Bank of Canada
____.
Deposits with Bank of Canada
Notes of other chartered banks.
Government and bank notes other than Canadian
Cheques on other banks------_____..
Deposits with and balances due by other chartered banks
in Canada
._.
- -___-_____
Due by banks and banking correspondents in the United
Kingdom. _ _ _
_.
Due by banks and banking correspondents elsewhere
than in Canada and the United Kingdom.
Loans to other chartered banks in Canada, secured, including bills rediscounted.Dominionand provincial direct and guaranteed securities
maturing within 2 years, not exceeding market value..
Other .Dominion and provincial government direct and
guaranteed securities, not exceeding market value
Canadian municipal securities, not exceeding market
value-___.
Public securities other than Canadian, not exceeding
market value....
Other bonds, debentures and stocks, not exceeding market value
__-___--_-__
Call and short (not exceeding thirty days) loans in Canada on stocks, debentures, bonds, and other securities,
of a sufficient marketable value to cover.__
Call and short (not exceeding thirty days) loans elsewhere than in Canada on stocks, debentures, bonds,
and other securities of a sufficient marketable value to
cover
___„
Current loans and discounts in Canada, not otherwise
included, estimated loss provided for
Current loans and discounts elsewhere than in Canada
not otherwise included, estimated loss provided for....
Loans to provincial governments
Loans to cities, towns, municipalities and school districts.
Non-current loans, estimated loss provided for
Real estate other than bank premises
Mortgages on real estate sold by the bank
Bank premises at not more than cost, less amounts (if
any) written off,
Liabilities of customers under acceptances and letters of
credit as per contra....--...
Deposit with the Minister of Finance for the security of
note circulation
______
Shares of and loans to controlled companies
•
Other assets not included under the foregoing heads.-..-.
3,105
3
116
"232
3
31
198
136
793
723
. 79
75
1.
2.
3.
4.
5.
6.
Notes in circulation
Deposits by and balances due to Dominion Government.
Deposits by and balances due to provincial governments.
Advances from Bank of Canada, secured
__.
Deposits by the public, payable on demand, in CanadaDeposits by the public, payable after notice or on a
fixed day, in Canada
____.
7. Deposits elsewhere than in Canada
___.
8. Deposits by and balances due to other chartered banks
i n Canada
_________________
9. Deposits by and balances due to banks and banking
correspondents in the United Kingdom
10. Deposits by and balances due to banks and banking
correspondents elsewhere than in Canada and the
United Kingdom
.
11. Loans from other chartered banks in Canada, secured,
including bills rediscounted__,_.
12. Bills payable
____'.
13. Acceptances and letters of credit outstanding
14. Liabilities to the public not included under foregoing
heads
_________
_.
15. Dividends declared and unpaid.-,-..
_
_.
16. Rest or Reserve Fund
17. Capital paid up.
(Profit and loss account) 0 -_,__.
73
114
53
1,268
1,669
462
14
19
34
123
8
2
135
146
17
89
32
48
1,084
136
15
71
5
6
3
69
124
5
11
2
4,137
Total.
4,137
» The figures for note circulation and for amounts due from foreign banks are shown net, i. e., after deduction of interbank note holdings and
amounts due to foreign banks, respectively. In order not to disturb the balance sheet total, however, the amounts which would otherwise be excluded
from the balance sheet—i. e., item 7 (assets) in the original statements and the corresponding portion of item 1 (liabilities), and items 9 and 10
(liabilities), and the corresponding portions of items 11 and 12 (assets)—are included in "other assets" and "other liabilities" as appropriate.
b Less than $500,000.
c
The profit and loss account, not shown separately on the original statements, is calculated by deducting total reported liabilities from total
reported assets.
BANKING AND MONETARY STATISTICS
570
Germany. Commercial banking in Germany is
represented in Table 171 by data for five leading Berlin banks: Deutsche Bank, Dresdner
Bank, Commerz- und Privatbank (since 1940
Commerzbank), Reichs-Kredit-Gesellschaft, and
Berliner Handels-Gesellschaft.4 Figures are
shown beginning with 1930 for those months for
which comparable data are available: for June
and November 1930-1933; monthly, February
1934-July 1939 (except for January 1935); and
December, 1939-1941. Figures through July 1939
are derived from combined end of month balance
sheets for these banks published in the Deutscher
Reichs- und Preussischer Staatsanzeiger; thereafter from the end of year statements of the
individual banks.
The tabulation below shows how the detailed
items in the original combined statement of the
banks for February 1939 were grouped to form
the summary items for which figures are shown
in Table 171. Subclassifications in the original
detailed items are shown only when this distinction is significant for the purposes of the summary figures. The figures shown in the table
have been compiled approximately in this
manner since February 1935, when pursuant to
the German Credit Act of 1934, the Managing
Board of the Reichsbank prescribed a new form
for the banks* published statements. A number
of minor changes in this form were made in
* There were six banks in 1930-1931, including the Darmstadter
und Nationalbank, which was absorbed by the Dresdner Bank in
February 1932. Summary figures for all repdrting German commercial bankSj, varying in number from 69 to 89, have been shown
on a monthly basis for the years 1930-1934 (except for the months
of January and December) in tables published in the Federal
Reserve Bulletin (see especially Federal Reserve Bulletin for October
1033, p. 643, showing the figures in this series through August
1033.)
COMBINED BALANCE SHEET OF THE 5 LARGE BERLIN BANKS FOR FEBRUARY 28,1939:
CONDENSED FORM COMPARED WITH DETAILED FORM
[Numbers in parentheses in condensed form refer to items as numbered in detailed form; numbers in parentheses in detailed form refer to items as
numbered in original German statements]
In millions
of Reichsmark
Assets
Condensed Form
Condensed Form
Cash reserves (1, 2, 3)
,-._
Due from banks (9, 13a) „
-»...
„_.„. - ._ .
Bills discounted (4, 5, 6} . ..
_ ...
Loans (10, 11, 12, 13 minus 13a and 2 on the liabilities side}"
Securities (7 8, 14, 15t 17),,
Other assets (16, 18, 19, 20, plus 2 on the liabilities side)"
Total
....
.
-
175
307
3,888
2,798
1,145
902
Deposits:
Demand (le (i))
Time (le (ii), 3)
3,576
3,801
Total. ..
.
Credits obtained from banks (la, Ib)
Other liabilities (2, 4, 5, 6, 7, 8, 9)
7,377
410
1,427
9,214
Total
. . ,
a. Kreditinstitute (27).
14 Hypothekenforderungen (32)
15. Langfristige Ausleihuisgen gegen Kommunaldeckung (33).
16 Durchlaufende Kredite (34)17. Dauernde Beteiligungen einachl. der zur Beteiligung
bestimmten Wertpapiere (35-36)
18. Grundatueke, Gcbaude, Gesehafts- und Betriebsinventar
(37)
19 Eigene Aktien-Bilanzwert (39-40)
20. Sonstige Aktiva (41)
..
9,214
Detailed Form
Detailed Form
I. Kaasenbestand (deutsche und auslandiache Zahlungsmittel Gold) (1)
2. Guthaben auf Reichsbankgiro- und Postscheekkonto (2).
3 Fallige Zins- und Dividendenscheine (3)
4 Scheeks (4)
fi. Wechsel (5-10) .
6. Sehatiweehsel und unverzinsliche Schatzanweisungen
des Reiehs und der Lander (11-12)
7 Eigene Wertpapiere (13-18)
8. Koneortialbeteiligungen (19) ..
9. Kurzfallige Forderungen unzweifelhafter Bonitat u.
Liquiditat gegen Kreditinstitute (20-21)
10. Forderungen ams Reportgeschaften gegen borsengangige
Wertpapiere (22)
11. Forderungen aus Lombardgescbaften gegen borsenganfiige Wertpapiere (23)
12. Vorschttsse auf verfrachtete oder eingelagerte Waren
(24-26)
13 Schuldner (27-31)
Totalb
In millions
o Reichsniark
Liabilities
1,198
897
97
1. Glaubiger (47-58):
a. Seitens der Kundschaft bei dritten benutzte
Kredite (47)
„
b. Sonstige im In- und Ausland aufgenommene Gelderund Kredite (Nostroverpfiichtungen) (48).,.
c. Einlagen deutscher Kreditinstitute (49)
d. Sonstige Glaubiger (50)
.
e. Von der Summe c und d entfallen auf:
(i) jederzeit fallige Gelder (53)
(ii) feste Gelder und Gelder auf KQndigung (54).
149
2. Verpfliehtungen aus Akzepten und Solawechseln (59)..
692
3.
4.
5,
6.
7.
8.
948
1
fl
42B
95
73
82
20
71
2,619
a
289
3,351
158
274
136
756
5.672
3,576
2,852
Spareinlagen (60-62).
„„_
Anleihen und Hypotheken (63-64) .
Durchlaufende Kredite (65)
Grund- bzw. Gesehaftskapital (66) __
„.
Reserven im Sinne von §11 KWG (67)
Ausserordentliche Reservefonda, Ruckstellungen, Delkrederereserven und Wertberiehtigungsposten (68),..
9. Sonstige Passiva (69)
„..__
. _.
71
133
44
9
108
200
i
2
9,214
Total..
_
_
.
9,214
• The figure for "loans" in the condensed statement excludes the liability of customers to the banks on acceptances and "Solawechsel" (the
equivalent of item 2 on the liabilities side in the detailed form); the amount of this liability is included in "other assets" in the condensed form.
period covered by the table.
INTERNATIONAL FINANCIAL STATISTICS
March 1939, but none substantially affected the
character of the items.5 "Loans" as shown in
Table 171 excludes the liability of customers for
acceptances, which is grouped with "other
assets." The amount of this liability is not
shown separately in the detailed statements, but
is assumed to be equal to the banks' own liability
on acceptances.
Prior to February 1935, the combined statements of the banks were published in a quite
different form.6 The headings in Table 171 are
uniform for the entire period, but the figures
through December 1934 are not fully comparable
with those for subsequent dates. For example,
the figures for "cash reserves" beginning February 1935 include deposits in postal checking
accounts, in accordance with the German Credit
Act of 1934,7 but the earlier figures do not. Also
the original statements beginning February 1935
permit a more precise distinction between
demand and time deposits. From that time, the
figures for "demand" deposits are those reported
as such, whereas previously they include all
deposits due within seven days; similarly, the
figures for "time" deposits beginning February
1935 are those reported as such, while previously
they consist only of deposits due within more
than seven days. Finally,, the original statements beginning February 1935 show separate
figures for credits obtained from other banks by
the reporting banks for their own account; these
credits ("nostro" obligations) had previously
been included in deposits. Accordingly, "credits
obtained from banks" beginning February 1935
includes, in addition to credits obtained for customers, those obtained for the account ctf the
reporting banks themselves; conversely, the
figures for deposits beginning February 1935 exclude "nostro" obligations while the earlier
figures include them.
Money rates in foreign countries. In periods
when loanable funds may flow across national
boundaries without artificial restrictions, the
relative 'level of open-market money rates in different countries has considerable significance for
international1 capital movements. These money
rates in individual countries are closely related
to the corresponding central bank discount rate;
hence.the traditional reliance upon changes in
the discount rate to influence the international
flow of short-term funds. The level of money
rates abroad as compared with those in the
•For a tabulation describing the compilation of the figures for
March through July 1939, see the Federal Reserve Bulletin for
August 1930, p. 699.
8
The method of compiling the figures for 1930-1934 is shown
by a tabulation published in the Federal Reserve Bulletin for
October 1933, p. 644, which describes the compilation of a different
series covering a much larger number of German commercial banks.
7
For the text of this Act, see Federal Reserve Bulletin for
January 1935, pp. 30-38.
571
United States may in normal times exert a considerable influence upon money market conditions in this country.
Table 172 shows monthly statistics for central
bank discount rates and open-market money
rates in nine European countries — the United
Kingdom, Germany, Netherlands, Switzerland,
Belgium, France, Italy, Hungary, and Sweden—
and in Japan. The selection of the countries and
of the rates shown for each has been determined
largely by the nature of the available information. The table commences with the year 1924,
by which time monetary reconstruction in Europe
had made considerable progress. The data on
central bank discount rates are complete. Information on open-market rates in 1924 is lacking for Germany and is incomplete for certain
other countries; from 1925 through June 1939
these series are complete. In the subsequent
period, gaps again appear in the available information on open-market rates; current data for
these rates are shown in the Federal Reserve
Bulletin only for the United Kingdom and Switzerland (and, after some months' delay, for Germany) .
The discount rates of central banks in all
leading foreign countries, including many not
represented in the present table, have been published in the Federal Reserve Bulletin since January 1924. The table of such rates shown in
the current Bulletin is believed to be fully up
to date.
The central bank discount rates are those published officially, and relate to the first day of the
month. The other rates shown include in most
cases the open-market rate on bankers' acceptances, and in many cases the rate for interbank
accommodation, or for loans made by banks to
their customers for a term of one day, from day
to day, for one month, or for a period of not
more than three months. Many of the openmarket rates shown are monthly averages of
daily figures, while some are monthly averages
of weekly figures, and others, give a range of
quotations indicating the level of rates prevailing during the month.
The sources and methods used in compiling
the open-market money rates may be more fully
described as follows:
United Kingdom. The rates on bankers' acceptances, day-to-day money, and bankers' allowance on deposits are monthly averages based on
the daily quotations that are published in the
London Economist. The monthly rates for
Treasury bills are averages of weekly figures reported each Friday in the month; these figures
give the average tender rate on the weekly allotment of bills.
572
BANKING AND MONETARY STATISTICS
Germany. The private discount rates are the
open-market rates at Berlin for prime bankers'
acceptances. The rates for money for one month
and for day-to-day money are those charged
customers by Berlin banks. Prior to June
1926, they are those given by the Frankfurter Zeitung's quarterly publication Wirtschaftskurve, representing averages for the
month of weekly averages of daily figures. For
the period June 1926 to August 1939, the figures
are monthly averages of daily quotations of high
and low rates as published by the Frankfurter
Zeitung, From September 1939 through April
1941 the rates shown are those published in the
Wochenbericht des Instituts fur Konjunkturforsehung, and thereafter those given in the
League of Nations Monthly Bulletin of Statistics.
Netherlands. The private discount rates are the
open-market rates at Amsterdam for prime
bankers' acceptances; the figures shown are
monthly averages derived from the same sources
and in the same ways as the corresponding
figures for Germany. The rates for money for
one month are those charged customers by Amsterdam banks. The figures shown through 1935
are monthly averages based on daily quotations
published by the Rotterdamsche Bankvereeniging in its monthly and quarterly reviews; the
figures beginning January 1936 are monthly averages furnished by the Netherlands Bank.
Switzerland, Belgium, France, and Italy. The private discount rates are the open-market rates
for prime bankers' acceptances. The figures
given are monthly averages of these rates published in the monthly bulletin of the Swiss National Bank, except,that the figures for Belgium
beginning January 1929 are from the Bulletin
^Information et de Documentation published by
the National Bank of Belgium.
Hungary. All rates are taken from the monthly
report of the National Bank of Hungary, in
which the quotations given are characterized as
approximations. The rates on prime commercial
loans are those charged customers by banks in
Budapest and other Hungarian centers. The
method of quotation appears to have been
changed in February 1926. The rates for dayto-day money indicate the level of quotations
prevailing during the month, the lower figure
showing the rate current during the month for
interbank accommodation.
Sweden. The rates on loans up to three months
are those charged customers by representative
banks in Stockholm. The range of rates, indicating the level of rates prevailing during the
month, is derived from figures for about seven
joint-stock banks in Stockholm as published
monthly in Uppgifter om Bankerna, Statistiska
Meddelanden.
Japan. All figures are derived from those published in Monetary Statistics, issued monthly by
the Bank of Japan, giving quotations in sen per
diem for 100 yen. The rates on discounted bills
are those at which the Tokyo banks discount
commercial bills. The rates for call money overnight are those on advances repayable on the
following day. In both cases, the range of rates
shown in 1924-1928 represents the high and low
quotations for the month; beginning January
1929, the figures are monthly averages of daily
rates.
FOREIGN EXCHANGE RATES
Table 173 shows monthly averages of daily averages of daily quotations as follows: for cable
exchange rates quoted in the New York market transfers in the case of France, Germany, Greece,
between the dollar and foreign currencies, rep- Italy, Netherlands, and Switzerland; for bankers'
resenting in most cases the rates for cable trans- drafts with respect to Austria, Norway, and
fers of funds in foreign centers. All. rates are Russia; and for bankers' checks in the case of
shown in cents per unit of the foreign currency. Denmark, Spain, and Sweden.
From January 1916 through May 1921, all
The rates for the leading European countries
for the years 1913-1915 were taken from the rates except those for Canada were furnished to
Financial Revieio for 1916 published by the the Federal Reserve Board by the National City
Commercial and Financial Chronicle. The Bank of New York and by the New York bankmonthly and annual sterling rates for all three ing firm of Knauth,, Nachod, and Kuhne. They
years are averages of daily highs and lows for are monthly and annual averages of daily quocable transfers. In 1913 and 1914 the monthly tations for cable transfers.
The Canadian dollar rates for 1913-1918 are
and annual rates for Continental countries are
averages of the monthly highs and lows, for averages derived by converting monthly high and
cable transfers in the case of France and Ger- low quotations for United States funds in Canada
many, and for bankers' sight drafts in the case published in the Monetary Times of Toronto on
of all other Continental countries. In 1915 January 7, 1916, and January 3, 1919. From
the rates for all Continental countries are January 1919 through May 1921, the rates are*
INTERNATIONAL FINANCIAL STATISTICS
monthly and annual averages of the, daily quotations on Canadian funds, as furnished by the
New York branch of the Canadian Bank of Commerce through July 1919, and thereafter by.the
National City Bank of New York.
Beginning with June 1921, practically all rates
are averages of daily rates certified to the Secretary of the Treasury by the Federal Reserve
Bank of New York pursuant to the provisions
of those sections of the Tariff Acts of 1921,
1922, and 1930, which deal with the conversion of foreign currency for the purpose of
the assessment and collection of duties upon
merchandise imported into the United States.
The exceptions are: Chile, the rates for which
through July 1922 were those quoted by the National City Bank; Australia, New Zealand, and
South Africa, the rates for which, prior to 1933,
were taken from the League of Nation's Monthly
Bulletin of Statistics. Since the dates referred
to, the rates used for these countries have been
those certified by the Federal Reserve Bank of
New York. The Bank ascertains or calculates
on each business day the New York market buying rates at noon for cable transfers payable in
the respective currencies of various foreign countries and certifies the same to the Secretary of
the Treasury.
It will be noted that beginning with April 1933,
many of the monthly averages are qualified by
the footnote: "Nominal for at least five days
during the month." This indicates that five or
more of the daily rates on which the average is
573
based were designated "nominal" by the Federal
Reserve Bank of New York because, due to exchange restrictions and regulations in foreign
countries, or for other reasons, banks in the New
York market were not willing to make firm bids
for appreciable amounts of foreign exchange on
such countries and quoted nominal buying rates.
Such nominal rates quoted by the banks are
frequently based on exchange rates established
by foreign monetary authorities.
In recent years regular quotations for many
foreign currencies have ceased to become available, and the certification of rates for such currencies has been suspended. In particular, the
Executive Orders freezing the assets in the
United States of certain foreign countries have
resulted in the suspension of normal foreign exchange transactions with the countries concerned;
for this reason no rates have been certified for
Norway and Denmark after April 8, 1940; for
Belgium and Netherlands after May 9, 1940; for
France after June 15, 1940; for Hungary after
March 12, 1941; for Finland, Germany, Italy,
Portugal, Spain, Sweden, and Switzerland after
June 14, 1941; for China and Japan after July
25, 1941; and for Hong Kong after December 24,
1941. Certified rates are currently published in
the Federal Reserve Bulletin only for six British
countries—the United Kingdom, Canada, Australia, New Zealand, South Africa, and British
India—and five Latin American republics—Argentina, Brazil, Colombia, Mexico, and Uruguay.
574
BANKING AND MONETARY STATISTICS
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES.
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY lill-DECEMBER 1141
LIABILITIES
[Reported by banks in New York City. In millions of dollars]
Other
Europe
Total
Europe
150.4
145.5
153.4
140.6
146.3
152.9
165.6
157.4
318.9
302.6
305.9
337.7
313.8
342.7
359.3
371.3
1,922.6
1.939.4
2,040.2
2,135.7
2,192.5
2,321.3
2,181.1
2,162.8
302.9
302.1
333.0
273.7
257.3
253.4
247.1
241.8
203.9
219.5
217.2
207.0
208.3
197.8
188.6
188.2
54 9
46.6
58 4
51.6
55.0
60.1
55.8
49.0
41 4
55.8
32 2
40.4
35.3
38 9
33.9
31 0
194.0
194.9
191.6
193.3
204.5
204.9
228.0
106.fi
146.3
116.5
178.9
161.0
144.5
152.4
151.9
156,5
179.3
161.4
155.9
158.0
144.3
134.1
126.5
111.2
324.9
312.3
299.9
310.4
311.9
297.3
329.2
319.3
325.5
323.0
304.8
281.3
2,032.5
2,001.4
1,969.8
2,008.0
2,147.4
2,101.2
2,190.2
2,178.3
2,174.1
2,090.3
2,094.3
1,911.7
210.0
205.5
204.2
189.5
177.5
207.8
226.3
219.7
226.8
275.6
279.7
216,8
175.8
166.8
168.0
179.2
187.0
172.6
170.9
158.5
153.5
144.1
142.8
130.8
54.0
53.5
53.7
49.7
42.3
41.8
55.1
53.8
52.5
44.6
47.2
38.2
41.9
28.7
25.0
23.9
21.1
27.5
28.9
31.2
82.7
32.2
26.2
37.5
234.9
247.7
234.9
235.0
268.7
223.9
119.3
113 5
102.1
108.9
92.9
74.3
102.8
110.6
106.3
112.3
104.1
94.7
247.6
225.3
211.8
216.2
201.7
210.0
1,844.1
1,781.7
1,754.4
1,750.4
1,722.0
1,635.2
188.9
210.6
214.0
144.4
144.6
170.8
132.5
142.2
157.4
160.9
160.4
156.3
45.7
39.5
55.7
53.7
57.3
50.8
24.9
30.3
18.9
20.5
24.8
23.6
115.7
118.6
118.1
213.4
208.8
218.0
63.8
53.2
52.0
94.9
90.3
87.2
212.7
207.3
207.7
1,572.2
1,561.6
1,552.6
164.9
139-3
140.3
162.1
157.7
155.2
58. 7
51.2
51.3
25.8
27.8
26.7
749.9
740.0
714.5
714.7
692.2
118.7
115.5
113.7
115.2
114 7
230.7
230.7
232.7
231.9
234.3
50.7
61.3
68.5
69.7
72.5
80.7
-79.3
77.9
78.5
77.5
203.0
205.7
217.0
227.6
239.6,
1,538.3
1,532.5
1,535.1
1,556.1
1,562.7
151.1
148.2
151.6
145.7
145.6
151.3
150.3
139.8
143.6
138.6
51.4
47.9
49,7
47.9
49.5
28. 1
29.7
30.4
28.5
28.9
148.3
153.1
134.6
120.9
716.7
685.3
645.4
651.7
112.4
111.9
108.1
68.9
227.2
233.2
231.0
183.2
69.5
82.8
80.1
53.7
76.9
73.9
75.4
63.0
240.6
239.0
147.7
151.4
2,591.5
1,579.3
1,422.3
1,292.9
144.9
146.4
141.5
159.5
141.4
142.5
140.0
138.4
47.1
49.3
49.7
48.7
28,5
27.8
26.9
29.6
1,625.6
1,572^9
1,466.7
1,440.5
114.1
111.6
104.4
135.1
673.4
714.0
656.3
633.4
66.1
57.6
52.9
46.0
161.9
98.3
91.7
85.9
51.0
48.3
46.6
44.6
55.7
52.2
48.1
43.2
144.5
135.5
123.4
114.5
1,266.7
1,217.5
1,123.4
1,102.7
153.2
151.5
149.7
143.3
131.1
128.5
126.3
125.6
48.5
50.2
36,4
40.8
26.2
35.1
30.9
28.1
Nov. 4_ —
Nov. 11.....
Nov. 18
Nov. 25
Dec. 2
1,378.3
1,346.9
1,350.0
1,339.9
1,343.8
117.9
116.6
112.6
113.3
111 2
596.1
581.3
581.4
577.4
573 8
44.8
45.9
45.9
45.9
47.8
79.5
76.8
75.1
71.4
72.1
38.0
37.5
37.5
41.7
41.5
46.0
38.6
37.8
33.9
34.7
109.8
113.7
119.6
118.9
120.7
1,031.9
1,010.2
1,009.7
1,002.5
1,001.9
157.3
160.1
156.9
157.6
157.8
117.6
118.0
117.4
114.5
113.8
43.5
39.0
45.6
4q.6
50.3
28.0
19.6
20.4
1,9.7
19.9
Dec.
Dec.
Dec.
Dec.
9..—.
16.
23.....
30
1,350.2
1,355.1
1,338.2
1,303.5
107.0
110.3
111.0
104.9
586.8
590.1
568.6
549.2
53.2
56.7
46.1
44.6
77.8
74.9
71.1
66.0
45.9
41.6
-43.8
41.1
32.3
31.6
33.1
33.2
118.6
121.2
121.4
122.2
1,021.4
1,026.3
995.0
961.2
151.1
139.1
149.4
148.3
113.1
111.5
108.0
103.3
45.2
58.2
66.1
69.0
19.3
20.1
19.6
21.6
1932— Jan. 6..
Jan. 13
Jan. 20.....
Jan. 27
Feb. 3......
1,290.2
1,286.8
1,264.8
1 , 278 . 6
1,256.3
112.0
118.6
118.3
137.0
137.1
543.0
539.6
522.0
525.8
510.9
44.3
42.4
39.7
39.4
39.4
69.0
70.9
76.5
73.7
72.8
36.6
37.7
37.7
39.1
37.9
33.5
33.8
35.0
33.5
33.1
121.6
117.9
117.6
108,3
106.9
959.9
960.8
946.7
956.9
938.1
146.0
145.3
144.4
142.3
139.5
102.7
100.9
106,5
106.7
105.8
60.6
60.1
47.9
51.8
53.0
21.0
19.7
19.3
20.9
20.0
United
Kingdom
France
Netherlands
Switzerland
Germany
Date
Total
1929— May 31
June 30 ...
July 31
Aug. 31
Sept. 30.....
Oct. 3L
Nov. 30
Dec. 31
2,525.8
2,563.4
2,681.0
2,708.4
2,748.4
2,871.5
2,706.5
2,672.7
337.4
350.7
381.4
368.1
406.2
458.6
374.2
301.5
771.6
781.3
833.9
937.7
941.1
956.1
907.5
923.7
87.1
98.5
105.6
107.1
111.7
107.5
93.8
99.1
94.1
85.2
81.6
83.7
100.5
107.2
97.7
105.2
163.1
175.9
178.4
161.0
172.9
196.5
182.9
204.5
1930— Jan. 31
Feb. 28. „
Mar.31......
Apr. 30
May3l._...
June30._.
July 31..
Aug. 31. — Sept. 30—...
Oct. 31. ....
Nov. 30—
Dec. 3k....,
2,514.1
2,456.0
2,420.7
2,450.3
2,575.2
2,550,9
2,671,3
2.64J.6
2,639.6
2,586.8
2,590.2
2,335.0
267.0
255.5
223.1
250.3
327.8
271.6
297.3
286.2
288.5
269.2
264.1
214.5
891.8
881.9
890.7
878.3
891.7
852.7
866.4
873.6
890.8
853.4
814.4
799.4
94.7
94.9
94.0
100.9
104.9
96.6
103.4
100.9
107.7
102.6
122.6
122.2
115.5
109.6
118.6
118.3
127.4
216.6
210:0
243.9
271.1
291.5
283.0
222.2
1931— -Jan .'31. .
Feb. 28
Mar. 31 —
Apr. 30.
May 31. — .
June 30,....
2,236.1
2,204 3
2,200.4
2,130 0
2,109.1
2,036.5
242.4
229.5
243,6
224.3
212.2
198.6
782.6
751 5
751.8
750.4
735.1
725.9
114.4
103 5
103.9
103.3
107.3
108.0-
July 15. — 1,983.7
July 22
1,937.6
July 29.. .. 1,926.2
182.2
195.3
153.8
689.4
688.0
715.9
Aug. 5
Aug. 12.....
Aug. 19_— .
Aug. 26—
Sept. 2
1,920.2
1,908.6
1,906.6
1,921.8
1,925.3
104.6
100.0
110.6
118.5
132.0
Sept. 9. „
Sept. 16.—
Sept. 23.....
Sept. 30., ...
3,953.4
1,945.3
1,780.3
1,669.2
Oct.
Oct.
Oct.
Oct.
7.
14..
21......
28..— _
Italy
Canada
Latin
America
Far
East
All
other
INTERNATIONAL FINANCIAL STATISTICS
575
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
LIABILITIES-Continued
[Reported by banks in New York City. In millions of dollars]
Total
United
Kingdom
France.
Netherlands
Switzerland
Germany
Italy
1,228.5
1,230.9
1,193.5
1,229.0
142.5
160.9
167.5
225.5
491.7
486.5
455.5
430.9
41.0
39.8
36.6
35.7
75.3
69.3
69.8
68.8
38.2
38.4
38.0
38.5
30.6
30.2
30.2
29.2
0)
1
0)
1
9.3
10.7
2.3
2.8
Mar.
Mar.
Mar.
Mar.
1,128.4
9
1,138.9
16
1,136.0
23
30..... . 1,115.7
182.2
192.5
194.3
173J.9
386.8
368.2
363.2
360.3
35.5
36.5
38.2
37.2
73.1
88.3
90.7
98.3
37.3
37.4
37.8
38.8
29.2
27.1
25.7
25.4
6.7
7.4
6.4
6.9
Apr.
Apr.
Apr.
Apr.
6
13 .
20__._..
27
1,085.7
1,098.0
1,075.3
1,048.6
171.3
185.0
184.5
165.4
357.8
364.0
352.4
332.6
37.0
36.7
37.8
37.8
101.3
101.8
96.4
98.0
38.6
36.3
36.7
37.0
26.1
23.7
23.7
23.9
1,026.0
May 4
May 11...... 1,022.0
981.6
May 18
May 25.... _. 924.3
868.9
June 1
180.1
196.8
192.0
173.4
163.6
314.7
303.8
277.1
230.3
214,7
32.6
29.2
27.5
27.5
21.5
96.6
99.7
96.1
98.9
93.2
33.0
35.4
32.3
33.8
30.2
June 8 -- ...
June 15..
June 22
June 29
796.1
723.1
688.1
632.7
152.6
147.0
140.2
122,0
160.3
101.8
59.9
48.9
23.0
20.7
19.2
18.7
90.8
86.0
85.0
80.5
July6___.',._
July 13
July 20
July 27
Aug. 3
..
612.4
599.3
615.9
610.6
608.6
104.2
94.5
89.5
91.0
87.5
54.6
57.2
59.9
59.2
61.1
18.9
18.5
18.8
17.6
18.7
Aug.
Aug.
Aug.
Aug.
615.3
637.0
646.5
671.4
87.5
91.7
97.0
100.3
62.7
67.2
67.3
65.4
Sept. 7"
Sept. 14
Sept. 21
Sept. 28
692.8
705.0
715.4
724.3
142.3
145.1
149.8
158.5
Oct. 5
Oct. 12.
Oct. ,19......
Get. 26 .
Nov. 2.
709.8
764.7
753.6
753.5
743.4
9
16
23
30
Dec. 7
Dec. H.
Dec. 21
Dec. 28
1933— Jan. 4
Hun- Other
gary Europe
Total
Europe
Canada
Latin
America
Far
East
All
other
99.6
91.1
71.1
73.1
919.0
916.2
880.3
915.3
136.7
144.4
143.4
138.2
105.5
103.4
104 3
101.8
46.6
48.1
46.6
54.1
20.6
18.8
19.0
19.6
1.8
1.6
1.7
1.6
76.1
73.6
72.4
71.5
828.6
832.9
830,3
814.1
132.8
139.1
136.7
130.0
107.3
106 5
105.9
108.0
45,5
46 1
48.3
50.9
14.2
14.3
14.7
12.8
6.7
7.0
6.4
5.8
1.6
1.6
2.0
1.8
69.6
67.4
59.5
63.0
810.0
823.5
799.3
765.3
115 9
113.7
115.1
123.9
104 1
103.9
105.4
105 2
42.5
42.7
42.6
41.3
13.3
14.1
12.9
13.0
26.1
24.2
23.6
25.4
20.7
6.1
5.9
6.1
5.5
5.4
1.8
1.8
1.7
1.6
1.6
56.2
54.4
58.3
58.1
51.8
747.1
751.2
714.7
654.4
602.7
112.0
110.2
107.8
107.7
106 5
107.5
105.3
104.9
103.5
102.7
46.5
42.9
41.0
44.9
44.2
12.8
12.5
13.1
13.7
12.8
31.0
29.6
32.9
33.2
20.1
20.0
20.5
19.9
4.9
5.3
5.4
5.1
1.6
1.6
1.6
1.7
49.2
49.6
50.0
49.6
533.5
461.7
414.7
379.7
105.4
107.2
104.9
108.1
100.6
100.2
101.5
98.1
44.3
42.1
35.5
35.4
12.1
11.9
11.5
11.3
79.3
83.1
84.5
78.6
82.3
34.8
30.4
32.6
30.9
29.5
20.3
22.2
21.7
22.9
22.1
5.9
6.2
6.1
5.6
5.1
1.3
1.2
1.2
1.2
1.2
48.1
48.9
50.8
49.1
50.3
367.5
362.2
365.0
356.0
357.8
100.1
97.3
103.7
108.8
102.6
97.7
95.4
95.6
94.5
94.8
35.7
33.4
40.2
39.6
42.4
11.5
11.0
11.3
11.6
11.1
19.6
21.6
20.2
19.5
83.0
87.2
81.4
80.8
29.7
23.3
29.8
24.1
32.0 • 25.1
31.5
27.4
5.1
4.7
4.9
4.9
'1.0
.9
.9
.9
51.3
52.3
53.7
55.2
363 1
379.6
382.3
385.9
106 1
106.4
110 6
122.3
95 2
96.1
97 8
98.4
38.3
41.5
42.6
50.2
12.6
13.4
13.2
14.6
70.8
73.3
74.2
72.4
16.0
16.5
17.2
19.2
72.6
66.4
65.8
67.6
31.4
34.2
32.9
35.1
25.7
30.8
29.5
32.4
5.2
5.5
5.4
5.2
.9
.9
.9
.9
51.8
53.0
58 6
54.6
416.6
425.7
434 3
446.0
98.8
100.3
101 9
100.3
119.4
118.6
117 6
118.4
43.4
45.9
48.0
45.0
14.6
14.4
13.7
14.5
142.7
150.4
132.0
120.9
122.3
76.5
76.7
80.7
81.1
81.2
15.7
15.9
16.4
21.6
16.6
68.8
67.7
63.7
58.7
61.0
33.2
32.0
34.4
34.6
35.0
35.5
38.7
40.4
42,3
37.6
5.5
5.6
5.2
5.3
5.4
.9
.8
.8
,8
.9
59 2
59.0
60.8
64.3
58.4
437 8
446.7
434.3
429.8
418.3
97 0
143.3
144.0
142.1
145.6
117 6
117.4
115.5
116.9
114.8
45.4
43.2
46.4
51.5
50.7
12.0
14.1
13.3
13.2
13.9
742.8
743.2
'777.5
.. 795.7
119.9
122.8
135.7
155.1
79.7
73.9
77.4
67.6
15.8
13.8
14.4
15.0
67.7
67.0
76.9
73.7
33.0
30.8
31.4
31.5
41.7
40.6
43.7
40.4
5.1
4.9
4.8
4.9
.8
.8
.8
.9
56.9
60.2
63.5
69.7
420.6
414.8
448.6
458.8
140.3
138.2
143.5
154.3
118.2
128.0
125.9
120.7
49.2
49.4
46.6
48.9
14.5
12.9
13.0
13.0
- 730.6
733.2
748.8
745.6
733.8
143.9
147.0
163.2
169.7
171.0
77.4
71.8
73.1
71.1
72.2
15.1
13.9
13.5
11.9
13.8
75.3
71.0
78.9
78.0
82.2
29 7
31.3
32.6
32 9
30 2
40 0
41.5
39.6
39.8
36.6
50
5.0
4.9
4.9
33
8
.9
.9
,8
7
62 2
61.7
58 6
60 5
59 1
449
444
465
469
469
104
110
104
98
89
4
2
9
2
3
121 1
122.6
121 8
121 7
117 8
42 9
43.2
44.7
43 5
44 4
13.1
13.3
12.1
12.6
13.1
762.0
792.8
792,3
764.2
199.4
225.8
221.9
205.4
72.1
68.0
68.5
68.3
12.5
15.0
13.9
14.9
84.6
85.1
85.8
80.6
31.0
31.3
31.9
31 3
37.5
37.9
37.6
34.8
4.0
3.2
3.1
3.0
.8
.8
8
6
58.2
59.1
63 4
58 0
500.2
526.2
527 1
496 9
88.7
90 1
90 6
86 5
121.0
123 1
124 1
121 6
37.5
40.3
38.3
44 0
14.5
13.1
12.4
15.2
Feb. 8
Feb. 15
Feb. 22
Mar. 1
776.0
759.0
743.7
656.3
226.8
227.2
223.7
160.9
68.6
64.4
64.9
67.6
15.0
14.4
17.1
11.4
72 4
67.1
63.7
61.3
31 9
30.3
30.4
30 1
36 3
35.9
30.9
21.5
32
2.7
2.6
2.8
6
.5
.5
5
57 0
52.4
51 7
44 0
511 9
494.9
485 5
400 2
86 7
85.2
85 1
83 3
•122 7
122.2
120 7
117 9
40 2
42.3
37.9
39.7
14.5
14.4
14.5
15.1
Mar.
Mar.
Mar.
Mar.
8
15
22.
29.
626.1
593.3
570.7
557.2
169.5
161.3
160.5
149.4
65.3
51.0
48.1
46.3
10.5
10.0
10.4
10.6
48.0
48.8
45.9
45.5
27.4
28.0
26.1
25.4
18.6
17.5
15.4
14.7
2.5
1.8
2.1
2.7
.5
.2
.2
.2
41.2
40.8
39.1
38.3
383.5
359.5
347.8
333.2
81.3
79.2
68.0
71.5
109,7
101.2
100.2
98.9
37.4
38.5
39.7
3S.5
14.2
14.9
15.0
14.1
Apr. 5
Apr. 12
Apr. 19......
Apr. 26..____
May3.......
551.2
558.7
573.7
595.9
593.3
152.1
153.1
160.0
184.7
195.1
44.4
43.7
50.3
44.9
39.9
10.8
11.1
12.8
11.9
12.6
42.8
51.2
48.0
42.7
33.7
23 7
24.2
26.8
26.2
24.9
17.5
17.6
16.1
18.1
19.2
2 2
2.1
2.2
2.0
2.6
2
.2
.3
.2
.3
37 8
36.3
35.1
36.2
38.9
331 6
339.6
351.6
366.9
367.2
68 2
67.8
66.5
71.7
70.8
98 0
98.3
98.2
99.7
98.5
39 8
39.0
43.4
44.4
42.0
13.6
14.0
14.0
13.2
14.8
May
May
May
May
586.0
586.3
583.9
582.3
189.8
188.6
184.2
180.4
39.9
40.4
40.2
38.9
12.6
14.9
12.4
11.1
30.7
27.6
27.1
23.9
24.3
25.2
26.3
23.8
20.1
21.0
23.4
23.2
2.4
2.3
2.4
2.4
.3
.3
.3
.3
35.7
37.1
36.0
39.1
355.8
357.3
352.3
343.0
72.0
74.1
77.8
82.6
98.2
95.5
94.6
93.0
44.8
45.5
45.3
49,9
15.2
13.8
13.9
13.9
Date
1932— Feb. 10
Feb. 17
Feb. 24
Mar. 2
Nov.
Nov.
Nov.
Nov.
Jan.
Jan.
Jan.
Feb.
10
17
24
31
l.
11.. . .
18.
25
1
10
17.... _.
24
31
Austria
2
0
3
6
1
11.4
16.4
183.5
567.8
23.3
25.0
June 7
13.o
44.7
2.6
.3
39.0
97 3
337.0
75.4
35.6
25.5
12.7
13.4
2.5
.3
22.2
38.5
169.4
573.5
June 14
336.4
25.1
46.4
40.1
93.5
83.9
June 21
2.7
18.8
166.8
564.9
327.2
25.5
25.5
12.0
14.1
37.5
.3
38.1
83.5 • 94.9
45.1
160.7
24.8
25.0
14.0
June 28
13.3
2.8
.2
16.9
38.9
566.9
38.6
46.fi
98.2
321.9
87.0
1 Included in "other Europe" prior to February 24, 1932.
2
It is estimated th'at changes in the number of reporting banks and revision of instructions resulted in an increase in total liabilities of about
30 million dollars between August 31 and September 7, 1932.
BANKING AND MONETARY STATISTICS
576
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 19M-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
LIABlLITIES-ComiRteJ
[Reported bybanks in New York City. In millions of dollars]
Date
Total
United
Kingdom
France
Netherlands
Switaerland
Germany
1933— July 5
July 12..:__
July 19
July 26
Aug. 2 — _ _ -
563.8
607.4
599.8
577.3
539.7
158.8
160.0
161.3
151.1
148.3
40.1
42.7
41.6
36.5
38.4
14.4
14.4
15.6
13.0
12.0
25.7
25.2
26.4
25.0
26.7
24.2
24.5
24.6
24.3
23.0
16.1
13.8
14 5
14.0
14.0
2.4
2.8
2.9
3.1
3.3
Aug. 9 „ —
Aug. 16.,.-^Aug. 23 . ...
Aug. 30..-=--
526.5
526.2
515.6
528.1
146.1
143.9
131.2
130.8
34.6
37.2
33.8
36.0
10.5
9.9
10.2
10.9
26.0
26.3
26.3
27.0
25.8
26.1
26.6
30.5
12.9
12.6
13.7
12.9
Sept 6
Sept. 13
Sept. 20.. ...
Sept 27
513 3
498.4
528.3
526 0
126.5
113.7
119.6
118.2
34.9
36.1
35.9
40.4
9.7
10.1
10.6
10.1
24.9
25.1
27.3
16.7
26^5
25.3
27.4
26.1
Oct. 4
- Oct. 11.-- —
Oct. 18
Oct. 25...-.Nov 1
493.2
491.8
482.9
475,1
452 1
108.3
104.4
95.4
90.7
82.6
31.5
31.9
30.0
32.9
28.9
9.4
9.9
9.9
9.6
8.6
18.7
17.7
17.1
16.0
15.8
Nov.
Nov.
Nov.
Nov.
435 7
426.2
424 9
431.9
72.3
58.0
52.0
47.0
30.6
30.9
31.4
26.5
9.2
9.2
* 8.2
7.7
413.9
400 1
388,4
392 0
388.2
55.8
58.4
50.9
48.9
48.3
26.2
26.8
26.7
27.0
24.9
375.0
395.4
385.2
390.5
47.0
44.1
41.9
41.0
407 5
434.8
481 3
514.5
7
14
21
28-
Apr. 4
Apr. 11
Apr. 18
Apr. 25
May 2
Hungary
Other
Europe
Total
Europe
.2
.3
.5
.5
.5
38.7
37.8
40 0'
38.7
34.4
B20 7
321 4
327 3
306 2
300.5
4.4
2.5
2.6
2.5
.5
.4
.3
.3
34.1
34.8
35.4
33.5
14 1
14.2
11.7
13.7
2.3
2.1
2.5
2.5
.3
.3
.4
.3
34 0
34.1
34.5
26.9
26.2
30.1
30.3
27 7
12.0
13.0
11 8
10.7
11 9
2.2
2.2
2.3
2.4
2.4
.3
.3
A
.5
.5
15.6
16.9
11.8
10.9
22.1
19.4
19 0
18.3
13 0
13.9
13 5
13.8
2.4
2.5
2.3
2.1
7.7
8.5
7.7
8.0
8.3
11.2
11.2
12.5
11.5
11.9
17.4
16 5
16.5
17 5
IB. 3
12.2
10 3
9.6
11 7
9.9
24.4
25.3
25.2
23.2
7.6
8.6
8.3
7.4
11.9
13 5
11.9
11.7
15.9
17 3
18 4
18.0
46.4
52.9
60.4
71.0
35.3
38.1
45.8
51.3
8.4
11.6
15.2
12,7
16 0
16.8
21 2
21.0
498. 8
500 9
490.3
499.1
70.1
62.0
61.5
62.8
47.9
40.9
36.6
39.7
17.6
15.1
12.9
13.1
490.7
496.0
501.3
509.3
494.9
63.7
67.9
69.6
72.4
73.0
37.4
34.8
34.8
34.6
30.9
9
16 - .,
23
29
497.4
477.1
482 3
472.2
78.3
66.0
64.1
62.6
June 6
June 13
June 20
June27.__. _
JulyS
465.3
469.1
469.1
473.1
464.8
July 11
July 18...,--.,
July 25
Aug. 1 -
Italy
Austria
Canada
Latin
America
4
4
0
7
2
99 3
98 4
100 3
98 0
95.3
294.8
293.8
280 1
284.5
74 0
77.1
78 4
88 4
273 3
260 9
269.8
261 7
31.2
30.0
31.2
28.6
29 8
.5
.5
.4
.4
1.9
1.7
1.7
2 2
1.6
9.5
9 5
86
12.8
19 1
19.5
19 4
20 4
23.4
22 1
18.7
19.5
12.0
15.4
12.6
14. T
11 7
29.4
27.8
27 7
28.9
61.8
62.8
65.6
62.8
63.9
454.6
457.9
455.3
456.4
Aug. 8—-.-.
Aug. 15
Aug. 22
Aug. 29
80
125
110
112
77
Far
East
5
0
8
6
6
12 8
13 1
13 4
13 9
14 0
97.7
95.0
97 0
94.5
47 1
47.7
47 6
48 2
12 9
12.5
12 7
12 6
87 5
87 0
106 5
111 1
95 1
93 5
93.8
94 7
44
45
45
46
9
2
6
1
12
11
12
12
5
9
6
4
240 4
235.5
228 2
221 6
208 3
102
105
102
105
89
0
1
8
3
0
92.3
92.1
93 0
96.1
97 0
46
46
46
40
46
4
7
8
8
4
12
12
12
11
11
2
3
1
2
5
31.4
29.3
31.5
30.0
197
180
170
156
0
6
2
7
86
95
100
119
4
6
7
3
99 1
96.5
99 2
97.3
40
41
42
46
7
9
7
3
12
11
12
12
5
6
1
3
.4
.4
,5
.5
.5
27.8
30.2
29.6
28 4
28.0
160
164
155
155
149
6
0
6
7
7
102
88
86
86
88
5
9
2
1
7
97.4
95.5
95.0
96 7
96.4
42
40
41
42
43
0
9
3
7
1
11
10
10
10
10
4
8
3
9
4
1.6
16
1.7
2.3
.5
.8
.4
.4
28.2
29 5
26.6
28.3
146
150
143
146
6
0
0
1
78
84
79
78
2
7
5
3
98.0
107 1
109.1
111.1
41
44
43
45
8
1
2
3
10
9
10
10
5
5
5
7
85
9.6
11 7
16 0
17
1.7
18
2.0
.4
.5
.5
.4
28.7
32.7
37 1
39.5
164
183
213
234
5
4
1
3
74
84
93
101
9
2
9
5
114 8
112.7
115 6
116.1
42
43
47
50
0
8
0
7
11
10
11
11
2
6
7
9
19.5
25 2
23 4
22.2
11.3
11 2
12 8
13.4
1.7
17
1.8
1.8
.5
.5
.5
.5
34.2
34.8
37.7
36.0
226 2
213 5
205 8
208.9
97 6
104 1
100 2
97.7
116.8 i
120 0
120.7
124.7
47 2
51 9
51 5
54.6
11 0
11 3
12 0
13.2
18 1
17.5
17 5
19.4
19 5
20 4
19.7
20 4
21 2
20 2
12 6
14.7
12 9
14 5
13 6
14
1.6
16
1.7
14
5
.4
5
.5
5
34.2
31.4
34.5
35.3
31 9
200 1
203.4
204 3
213 5
202 6
97
103
108
106
101
6
6
5
7
0
122 8
126.1
126 0
125.6
125 8
56
49
50
51
52
8
6
3
3
2
13
13
12
12
13
4
2
3
3
3
12 4
11.9
10 4
9,6
17
15
14
14
20
19
19
18
1
5
5
6
13 1
11 3
14 6
11 3
1
1
1
1
5
5
5
5
5
.5
5
6
31.5
32.8
34 7
32 8
204 7
187 3
187 4
180 8
103
102
104
102
0
2
9
0
124
124
125
123
52
51
52
54
3
3
4
5
13
11
12
11
4
7
1
7
28.9
29.0
25.1
28.5
29.6
9.8
12.0
11.4'
10.9
10.9
14.1
14.6
15 2
14.5
15.8
19.4
18 4
18 7
18.7
17 4
11.4
12 9
13 0
12.6
12 6
1.3
1.3
14
1.4
1.5
.5
.6
.3
.2
.3
33.8
34.3
31.8
34.7
32.9
181.0
185.9
182 4
184.3
185.0
103.2
100 7
104 8
105.3
98.2
116.7
116.6
115.5
115.7
115.6
12.1
52.3
10.6
55.3
54.2
12.1
56.8 i 11.0
Hl.l
55.0
55.5
61.6
58.8
60.0
29.8
29.1
29.3
27.6
10 5
10.5
9.1
9.2
14 1
15.7
14.6
13 8
17 8
17.8
19.5
18 5
12 7
12.2
11.8
11 9
1.8
1.8
2.2
2.3
.3
.2
.3
.2
31.8
31.4
32.1
32.8
174 3
180.4
177.8
176 3
96 4
94.0
92.7
90 1
118.8
120.2
119.6
116.3
54.6
52.5
54.1
62.0
10.6
10.8
11.2
11.8
453.2
474.4
472.5
469.7
59.9
60.6
64.5
60.7
28.4
32.0
28.1
27.7
10.1
13.2
12.0
12.8
14.2
13.6
12.6
11.9
18.6
19.0
20.1
21.4
11.8
11.8
12.8
11.0
2.0
1.9
2.0
2.1
.4
.5
.3
.3
29.8
31.4
32.9
32.3
175.3
184.0
185.4
180.2
93.9
101.5
101.6
107.5
118.1
117.9
114.1
109.5
56.1
60.3
61.2
61.2
9.8
10.7
10.2
11.3
Sept. 5
Sept. 12_____.
Sept. 19
Sept. 26
Oct. 3
448.4
448.2
439.4
440.0
435.4
55.4
55.6
54.2
54.3
57.4
26.4
26.7
26.2
24.6
25.7
10.0
9.1
9.0
8.5
9.2
11.5
11.4
10.8
10.5
10.3
21.9
22.3
21.9
21.3
20.8
11.1
11.6
9.5
11.1
11.9
1.7
1.9
1.9
1.9
2.0
' .3
.3
.3
.2
.3
30.7
31.6
30.3
35.4
31.1
169.0
170.6
164.0
167.7
168.6
96.0
96.4
96.5
92.8
87.5
110.8
110.7
109.1
107.9
106.1
61.1
59.4
58.6
60.8
62.3
11.5
11.1
11.2
10.8
10.7
Oct.
Oct.
Oct.
Oct.
437.9
438.9
432.2
438.7
58.2
59.2
52.0
50.5
26.3
25.0
26.8
28.1
8.8
9.6
9.0
8.1
10.2
10.1
9.0
10.5
21.0
20.6
19.2
19.1
11.2
10.9
10.5
14.0
1.8
1.9
1.7
2.0
.3
.4
.4
.5
32.8
32.7
34.3
31.1
170.7
170.4
163.0
163.8
88.8
85.0
84.6
90.9
105.8
106.0
105.1
105.8
62.8
67.1
68.4
66.9
9.9
10.4
11.2
11.3
436.4
439.8
451.3
466.7
49.6
55.1
57,7
59.1
34.4
32.0
32.2
32.7
9.8
9.4
11.1
12.7
11.4
10,4
10.2
9.7
20.3
21.6
25.0
25.8
12.0
12.9
15.3
14.3
1.7
1.8
2.0
2.0
.5
.5
.5
.4
30.4
34.9
37.3
39.3
170.1
178.6
191.3
196.0
85 5
86.0
85.6
91.9
105.6
110.1
106.3
106.6
63.4
53.1
56.8
60.3
11.8
12.0
11.4
11.9
8
15.. ..
22
29
Dec. 6
Dec. 13
Dec. 20
Dec. 27
1934—Jan. 3
Jan. 10
Jan. 17
Jan. 24 "
Jan, 31
Feb. 7
Feb. 14
Feb. 21
Feb. 28
Mar,
Mar.
Mar.
Mar.
May
May
May
May
Nov.
Nov.
Nov.
Nov.
„
-
„.*.
..
10
17
24
31
7 2
14
21..— .
28
7
8
4
8
QO
9
0
5
6
2
50
49
48
46
52
All
other
577
INTERNATIONAL FINANCIAL STATISTICS
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
LIABILITIES-Continued
[Reported by banks in United States. In millions of dollars]
Date
1934— Dee. 5
Dec. 1 2 _ _ _ _ _
Dec. 19
Dec. 2 6 _ _ _ _ _
1935—Jan. 2
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Other
Europe
Italy
Total
Europe
Canada
Latin
America
Far
East
All
other
584.8
592.9
598.9
•610.6
597 0
79.6
83.0
82.4
83.0
76 9
36 1
36.0
38.6
39.6
33 9
13 5
11.6
12.7
12.2
12 9
12.1
12.9
13.6
13.5
13 7
28 4
28.2
28.9
30.0
29 9
16.8
17.9
18.6
19.5
18 8
UO 6
41.0
46.7
47.1
46 8
227.1
230.6
241.4
245.0
232 9
103.3
102.2
95.2
97.9
99 3
117.4
119.0
123.3
125.2
122 8
125 1
129.8
128.5
130.1
130 1
12.0
11.2
10.5
12.4
12 0
599.3
584.4
609 7
649.2'
78.6
75.3
92 6
100.2
37 6
37.3
44 8
52.0
12 3
10.0
15 0
22 0
14 5
14.2
14 6
18 9
30 7
31.5
32 4
26.9
18.2
18.1
19.3
17.5
47 5
47.9
41 3
47.1
239.4
234.4
260 1
284.6
101 6
96.1
94 8
95.4
124.3
122.5
123 7
128.5
123.1
117.3
118 2
127.1
10 9
14.0
12 9
13.5
Feb. 6
Feb. 13..
Feb. 20-....
Feb. 27
654 8
663 3
657.5
643.3
100 7
108 2
104.7
105.8
50 9
47 4
49.0
46.8
20 1
21 8
20.0
18.0
21 4
20 3
18.7
18.2
26 9
26 8
27.0
26.5
17 0
16 5
16.1
16.5
51 8
53 9
57.7
51.4
288 8
294 8
293.2
283.4
95 4
100 4
99.5
100.7
130 7
129 0
129.1
131.4
125 9
125.4
122.1
115.5
13 9
13 7
13.6
12.4
Mar.
Mar.
Mar.
Mar.
Apr.
639 5
628.1
626.8
635.6
654 7
97 2
92.5
92.1
92.4
96 1
50 0
44.4
38.5
38.1
47 1
17 2
18.5
18.2
18.8
18 1
17 8
19.5
16.6
16.0
22 4
27 8
27.9
27.7
25.3
25 8
15 9
15.4
15.8
14.3
14 9
51 3
49.8
51.9
51.2
55 5
277 1
268.0
260.8
256.2
280 0
96 6
94.7
98.5
106.5
95 9
133 6
134.9
134.7
137.4
138 9
119 4
117.2
118.1
120.5
122 2
12 8
13.4
14.7
15.0
17 7
43
46
45
49
21
30
28
29
29
27
29
27
23
22
23
23
16
16
16
16
51
48
49
46
2§9
297
300
294
106
107
111
98
5
8
6
2
141 1
140 3
141 8
142 9
126
121
123
116
16
17
15
14
Jan.
Jan.
Jan.
Jan.
9 _.
16
23
30..,.
6
13.....
20. .
27_.___
3____
Apr. 10
Apr. 17..
Apr. 24
May ! _ _ „
679
685
693
666
May
May
May
May
673 6
695.6
736.3
883.6
107 2
108.3
124.6
139.3
46 7
49.5
56.9
173.1
26 4
26.0
28.2
32.2
28 4
28.0
31.1
32.8
23 2
23.4
•23.5
24.5
15 8
15.8
16.2
14.5
47 5
52.3
53.0
56.0
295 1
303.2
333.5
472.5
101 9
108.1
114.6
120.3
144 1
146.3
145.3
147.0
116 4
122.5
128.1
128.3
16 1
15.5
14.8
15.5
June 5
June 12
June 19
June 26.,
July 3
865 0
837.3
841 0
839 0
810 8
165 7
150.7
149 8
153 2
144 7
120 0
104.2
102 0
98 4
92 1
35 4
46.1
40 2
43 9
41 5
39 2
37.1
38 2
35 4
36 0
25 6
26.1
26 1
25 3
24 6
15 3
15.8
16 4
16 9
18 5
54 9
54.4
56 8
55 1
55 6
456 1
434.4
429 3
428 4
412 9
115 4
116.9
127 0
132 4
123 6
148 8
148.5
146 1
145 7
145 3
127 8
120.4
119 7
115 7
112 4
16 9
17.0
18 9
16 8
16 6
July 10.. .
July 17
July 24...
July 31 .
829
836
838
834
153
157
156
154
41
43
46
43
35
IA
33
•>e
23
23
23
23
18
18
17
18
56
57
56
57
420
429
426
425
126
126
129
127
149
146
149
147
4
5
0
6
116 5
117 2
117 1
118 0
16
16
16
16
Aug.
Aug.
Aug.
Aug.
819 1
850.8
925.8
931.4
146 0
148.1
154.4
150.3
Sept. 4 .
Sept. 11.....
Sept. 18.....
Sept. 25
Oct. 2
880 5
886.5
871.8
922.9
947 6
Oct. 9
Oct. 16... .
Oct. 23...
Oct. 30
Nov.
Nov.
Nov.
Nov.
Dec.
Dec.
Dec.
Dec.
1936— Jan.
8
15..__.
22_____
29.....
7..,
14
21
28
8
3
0
7
2
4
0
8
103
104
107
101
6
9
7
9
5
4
2
7
91
94
92
92
5
9
7
6
2
6
5
1
0
4
9
7
3
7
8
7
9
6
0
4
1
a
9
n
7
9
6
2
6
8
9
8
2
5
4
7
5
4
1
9
2
4
0
1
9
4
1
4
2
6
2
7
1
9
5
5
8
6
1
0
5
9
8
3
5
7
6
6
4
2
3
7
35 8
36.5
37.0
36.9
24 0
23.5
23.8
24.3
18 8
20.5
18.6
18.5
54 4
53.3
56.9
58.0
412 7
426.4
441.5
439.1
119 3
129.6
195.1
196.0
150 3
150^6
149.0
148.7
120 2
127^4
125.3
132.2
leis
142 0
147.3
145.8
162.4
171 4
90 2
82.6
79.5
84.1
54 8
50.3
42.8
51.2
on 1
26 7
25.6
26.1
27.4
1C Q
42.9
46.1
50.7
51 5
54.9
60.4
68.1
421 1
420.7
419.0
460.6
159 8
159.0
138.7
144.3
125 8
150 9
151.4
152.1
155.4
155 9
132 3
140.6
144.2
144.9
149 8
16 4
14.8
17.7
17.7
18 6
019 1
,075 7
111 1
117 6
199
225
232
231
CQ 7
fifi Q
fi? c
EAR
97 6
98 0
102 8
73 6
74 0
71 2
68 6
75 1
133
135
137
135
162
159
159
161
157
159
170
173
18
19
19
21
6
13
20,.
27
111 5
,133.8
,147.9
,241.8
225 9
223.2
227.4
253.3
104 9
116.4
118.0
165.1
fift 9
4. .
11
18
25
1
259 7
234 1
219 9
,227.3
,200.2
259 3
241 1
229 3 '
226.1
205.5
171 3
170 9
175 1
170.0
163.5
213 3
,218.9 .
,264.1
,253.5
204 5
196.2
199.2
196.7
Feb. 5.
Feb. 12
Feb. 19
Feb. 26
,205.9
,187.3
,180.2
,182.2
Mar.
Mar.
Mar.
Mar.
Apr.
1
45 0
56.6
57.8
58.5
Jan. 8
Jan. 15
Jan. 22
Jan. 29
.
92.9
92.6
,173.2
,186.4
,179.0
,177.2
,175.4
4
11
18
25
1
2
3
7
0
88 8
ss!o
QO n
Kft
9
65.6
61.0
58.8
62 8
fil
Q
17.1
18.4
16.5
98 9
188
f>O
Q
97 1
26 1
1Q t
81
92
101
101
3
8
5
7
7
602 6
624 8
25 7
18 6
17 9
sn 4
80.9
82.7
85.3
oc 0
1Q 7
25.4
26.8
27.0
23.9
31.1
29.0
Q9 *>
9fi 7
9fi R
00 0
1 AC' c
731 1
29 5
29.9
29.0
26 6
25.4
26.1
103 8
109.2
107.5
720 7
717.7
686.3
no Q
7K
0
9<\ 7
18 fl
9R 0
98 8
101.6
102.5
104.7
105 4
fi9fi 4
fi9t 7
636.9
649.6
723.3
7<lfi 2
6
0
7
4
3
5
1
0
6
2
1
2
9
4
5
6
135 2
145.1
142.1
156.3
162 7
160.8
162.0
161.5
170 2
170.0
172.9
178.0
21 7
21.0
21.4
22.6
149 4
144 1
138 7
141.4
145.3
162 0
162 7
163 5
158.8
156.3
176 8
174 7
175 9
186.7
188.9
25 3
21 5
21 0
22.8
23.4
67 1
69.6
68.6
on 7
89 3
87.5
86.1
161 7
165.5
164.0
164.8
fifi 3
62.9
61.4
61.5
on n
92.6
89.8
91.7
9R n
24.0
26.1
24.2
m
fiftQ 9
1 CA 4.
29.7
29.8
31.6
119.6
118.0.
115.0
690.6
688.3
685.3
158.8
202.1
203.2
157 9
155.2
158.5
156.6
195 6
195.7
195,5
189.1
20 318.6
19. ft
19.2
188.3
181.9
204.0
210.8
160,2
164.7
144.1
137.7
60.0
59.9
59.8
59.6
90.3
88.4
86.4
85.1
29.3
27.7
26.5
.25.5
23.6
23.4
21.3
19.2
114.0
112.6
113,2
110.2
665.9
658.6
655.4
648.2
160.9
156.0
151.4
155.2
159.9
162.1
164.4
169.3
200.4
190.8
190.1
190.2
18.9
19.7
19.0
19.3
203.1
202.8
191.5
186.6
179.3
138.5
139.9
142.6
145.8
151.7
61.4
61.3
62.3
65.8
57.6
87.7
86.5
86.7
86.3
96.4
25.3
23.2
22.7
21.6
21.6
19.2
19.4
18.1
18.7
21.4
110.7
122.8
120.4
118.3
116.0
645.9
655.9
644.4
643.1
643.9
151.4
150.9
149.8
144.2
148.4
174.7
177.4
182.6
189.3
187.1
183.8
182.9
184.3
183,1
178.7
17.4
19.3
17.9
17.5
17.3
R7 7
"Other Europe" includes Austria and Hungary beginning December 5, 1934.
dQ7 ^
16 6
14.9
15.5
o
BANKING AND MONETARY STATISTICS
578
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1S2t-JUNE 19)1; WEEKLY, JULY 1U1-DECEMBER IMI-Continued
UABIUTIE$-C«tii«d
[Reported by banks in United States. In millions of dollars]
Total
Date
United
Kingdom
France
Netherlands
Switserland
Germany
Other
Europe
Italy
1,168.8 ! 166.9
1,194.5 167.3
1,193.8 ! 169.0
1,231.2
175.9
144.1
147.5
146.2
140.9
60.1
60.4
56.2
58.9
96.0
95.5
95.5
94.0
20.7
20.7
21.1
20.5
22.6
22.0
21.2
20.3
121.9
135.5
125,8
127.4
1,283.1
May 6
May 13..— 1,291.0
1,293.4
May 20
1,299.8
May 27
1,328.4
Juno 3
186.2
202.8
203.7
212.9
222.0
177.7
160.4
152.8
148.7
164.0
63.1
63.8
71.4
71.0
69.4
99.5
97.9
99.2
103.3
112.4
19.9
19.9
20.3
21.3
20.0
19.9
21.9
22.2
22.4
22.3
June 10
June 17
June 24
July 1
1,393.3
1,437.1
1,426.2
1,376.0
251.1
274.2
270.5
255.2
173.3
174.9
157.8
152.9
85.7
94.6
102.8
105.3
123.2
126.6
128.3
129.6
19.8
20.7
20,6
20.1
JulyS . „..
July 15
July 22
July 29.,.,...
1,375.0
1,367.5
1,363.5
1,358.3
255.7
247.7
252.5
256.6
148.8
152.5
146.7
142.1
104.2
100.9
97.3
95.2
129,1
128.9
128.4
124,3
Aug. 5
Aug. 12......
Aug. 121....
Aug. 19
Aug. 26
Sept. 2
1,358.6
1,383.3
1,347.4
1,350.0
1,365.0
1,317.5
257.0
262.0
257.2
255.1
257.3
230.6
144.0
139.3
137.5
136.6
130.9
138.6
92.1
90.8
90.8
88.4
89.5
87.6
Sept. 9
Sept. 16
Sept, 23
Sept. 30—. .
1,338.4
1,337.7
1,380.9
1,459.6
234.1
228,4
242.0
293.7
140.0
142.4
156.0
163.2
Oct
Oct.
Oct.
Oct.
7
14
21
28
1,480.8
1,492.5
1,464,2
1,457.0
302.6
291.7
294.1
283.2
Nov. 4 . ...
Nov. ll...».
Nov. 18
Nov. 3 5 . _ _ _ _
Dec 2
1,422.1
1,424.0
1,410,9
1,443.6
1,450,0
Dec.
Dec.
Dec
Dec.
9
16
23
30
1937—Jan. 6
Jan. 13
Jan. 20
Jan. 27
Feb. 3
Total
Europe
Canada
Latin
America
Far
East
AH
other
632.3
648.9
638.0
637.9
146.6
150.6
157.7
190.0
192.6
193.2
197.0
200.1
180.4
184.6
183.6
186 7
16 8
17 1
17.5
16 6
128.3
132.7
128.2
128.7
110.6
694.7
699.3
697.8
708.4
720.8
178.3
177,8
176.8
176.9
172.9
202.5
200.0
208,7
204.4
208.9
189.2
180.9
191.9
191.9
207.7
18 5
18.1
18.1
18 3
18 1
23.8
26.9
25.3
24.4
112.9
120.8
123.1
121.5
789.8
838.6
828.2
809.0
159.8
160.0
160.6
133.0
213.9
208.2
207.4
205.2
209.5
208 3
208.2
200.4
20.4
21 4
21 7
22.4
19.6
19.8
19.7
21.0
27,5
27.6
27.3
27.0
121.9
117.8
117.6
117.7
806.8
795.2
789.6
784'. 0
133.1
136.0
136.8
137.8
209.0
209.2
208.8
210.1
205.4
206.8
208.5
207.6
20.8
20 4
19.8
19.0
123.6
127.6
127,5
126.2
126.0
129.8
21.2
21.1
20.5
20.5
20.6
19. S
26.3
28.3
28.3
28.3
29.4
27.5
110.5
116.8
116.6
119.6
112.7
115.9
780.7
786.0
778.6
774.8
772.3
747.2
145.9
156.2
156.3
162.1
173.2
150.1
212.4
210.2
202.0
200.8
202.2
199.8
200.5
211.0
190.8
193.3
197.9
194.0
10.1
19.8
19.8
19.2
19.4
19.8
85.6
86.4
81.5
76.8
129.4
130.6
133.4
147.3
19.1
19.0
19.1
19.2
29.1
26.7
27.6
29.2
117.6
117.9
121.3
128.8
754.8
751.3
781.0
858.3
157.5
156.7
164.2
170.7
205.8
202.9
204.6
200.5
200.2
207.0
211.4
210.2
20.0
19.7
19.0
19.8
163.1
172.5
144.5
146.9
78.8
103.5
99.7
97.6
163.8
163.6
146.2
147.4
18.7
19.8
19.2
19.0
31.8
32.6
85.1
37.5
132.4
119.7
137.3
134.0
391.3
903.5
876.1
865.7
162.5
168.9
174.6
174.1
199.9
197.7
195.7
193.4
205.5
202.5
197.5
203.1
31.6
19.9
20.3
20.8
283.2
281.9
255.9
248.1
231.6
152.5
156.7
160.4
157.7
144.8
89.5
90.7
90.6
99.0
92.6
149.5
146. 2
135.8
129.9
128.7
19.7
20.0
21.0
22.0
24.0
37.8
38.0
41.0
39.3
42.5
112.7
110.2
114.5
120.4
125.0
844.8
843.7
819.2
816.3
789.0
171.9
178.1
181.9
200.6
183.9
192.5
191.5
139.1
210.0
266.4
192,1
190.2
189.8
197.0
190.3
20.7
30.0
21.0
19.6
20.4
1,467.6
1,487.2
1,472.6
1,491.6
235.8
243.2
229.9
235.7
146.5
156.3
168.9
176.3
85.6
91,3
78.4
78.8
132.3
126.8
120.2
123.5
25.0
28.2
31.0
32.0
45.2
48.7
48.7
41.7
129.4
128.8
128.5
120.3
799.8
823.4
805.6
814.3
181.9
179.0
173.6
186.1
268.9
268.3
267.9
263.9
196.9
196.4
200.0
200.2
20.0
20.0
25.0
27.1
1,485.1
1,468.0
1,492.7
1,587.9
1,612.5
247.9
234.5
249.0
231.3
240.8
174.1
173.4
160.6
165.5
167.0
75.0
73.2
73.0
75.8
74.1
128.4
126.3
124.9
125.1
122.9
31.1
30.2
31.7
29.9
39.3
40.0
38.3
36.2
34.8
32.6
127.4
125.8
132.1
127.9
127.1
823.8
801.7
807.5
790.3
803.7
178.4
175.2
181.8
262.0
265.0
263.5
206.8
275.7
314.7
319.1
195.8
201,8
205,1
197.8
201.0
23.0
22.6
22.6
28.1
23.6
Feb. 10.....
Feb. 17
Feb. 24 ....
Mar. 3
1.617.9
1,628.5
1,698.0
1,656.0
214.9
219.1
229.1
221.2
174.0
169.3
174.5
176.5
72.8
71.6
66.2
68.1
119.1
123.5
110.6
111.4
47.5
49.1
52.7
55.9
31.5
28.0
37.2
33.8
150.4
152.0
145.2
136.0
810.2
812.5
815.4
802.9
263.9
266.7
275.6
227.8
321.4
327.6
383.2
383.0
198.4
197.4
199.6
218.9
24.0
24.3
24.1
23.4
Mar. 10
Mar. 17
Mar. 24
Mar. 31
1,664.0
1,661.1
1,671.7
1,682.7
228.6
242.2
245.7
226.9
180.4
174.3
187.6
173.0
62.8
61.3
61.8
60.4
113.3
111.6
111.7
113.1
51.6
53.2
53.1
53.9
38.9
38.5
38.7
36.6
137.3
128.2
132.7
140.8
812.8
809.3
831.2
804.7
224.7
228.6
215.1
210.0
390.1
392.5
398.4
441.0
211.1
205,7
203.1
204.6
25.3
25.0
23.8
22.5
Apr.
Apr.
Apr.
Apr.
7
14
21.....
28
1,701.1
1,747.0
1,784.7
1,839.9
255.1
283.9
305.9
303.0
157.7
163.2
161.6
162.5
57.4
65.0
71.5
82.7
114.3
123.9
126.6
139.1
54.2
42.3
41.5
41.3
37.5
47.7
47.7
47.3
146.4
142.4
146.1
148.6
822.6
868.3
900.9
924.4
206.2
199.5
202.1
207.4
442.7
449.3
449.6
463.8
206.8
207.2
209.5
220.6
22.8
22.8
22.5
23.7
May 5
May 12.....
May 19
May 26
June2_
.
1,882.4
1,914.9
1,937.6
1,999.1
1,997.3
308.9
323.9
326.3
349.4
356.7
170.8
166.5
163.3
182.2
188.0
77.2
77.6
70.1
79.1
80.1
154.3
169.9
207.2
225.4
261.6
40.6
30.5
29.4
31.0
29.9
43.7
50.3
39.9
33.8
27.6
154.4
157.1
161.0
159.1
159.7
949.9
975.8
997.1
1,060.1
1,103.6
199.9
200.2
199.8
199.3
193.6
490.3
495.8
500.9
501.1
458.7
218.3
218.2
216.1
212.9
215.9
24.1
24.9
23,7
25.7
25,5
June
June
June
June
2,051.4
2,120.1
2,176.7
2,173.6
372.3
378.8
382.2
373.1
190.0
197.0
199.6
206.2
89.5
108.3
124.3
145.0
290.9
316.6
330.4
331.4
30.8
33.8
37.8
40.3
27.6
28.0
26.6
23.0
167.8
173.5
179.3
177.9
1,169.0
1,235.9
1,280.2
1,296.9
HO. 3
192.6
203.6
190.1
451.4
447.1
444.7
448.8
214.5
218.0
221.1
210.4
26.3
25.8
27.1
27.4
193d~Apr. 8
Apr. 15
Apr. 22..,-.
Apr 29
9
16
23..-..
30
1
!
1
Certain of the figures for August 12, 1930, and succeeding weeks are not precisely comparable with the corresponding figures fer weeks
preceding August 12, owing to a revision in reporting practice by one of the reporting banks. Figures adjusted to the basis employed in previous
weeks are also shown.
INTERNATIONAL FINANCIAL STATISTICS
579
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 19M-JUNE 19J1; WEEKLY, JULY 19J1-DECEMBER 1941-Continuod
LIABILITIES-CoBtinued
[Reported by banks in United States. In millions of dollars]
Total
Date
! United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
'Latin
America
Far
East
All
other
2,234 7
2,237.6
2,273.2
2,282,8
411.6
401.9
402.1
396.9
200.2
192.4
188.9
186.3
151.2
159.4
163.1
163.8
342.9
354.3
362.1
365.8
40.9
35.9
39.5
41.1
20.9
28.8
26.4
26.0
178.6
181.7
187.6
192.0
1,346.4
1,354.5
1,369.7
1,371.9
191.0
188.4
196,4
201.8
447,5
443.3
446.8
447.9
222.6
222.2
232.2
232.7
27.2
26.2
28.1
28.6
2,279.8
Aug. 4
2,273.9
Aug. 11
2,277.7
Aug. 18
2,283.5
Aug. 25
Sept, 1 . .. 2,267.2
393.7
380.0
375.5
375.9
388.9
185.7
181.6
186.7
180.2
185.9
165.3
166.7
168.7
169.4
171.9
370.9
383.2
390.6
399.4
403.2
40.1
39.0
35.5
38.2
41.4
24.3
24.3
24.5
24.7
24.8
191.5
197.3
197.7
203.1
200.2
1,371.4
1,372.2
1,379.2
1,390.9
1,416.3
207,6
212.1
211.9
215.3
214.6
424.0
412.3
408.7
404,8
364.9
249.5
251.5
250,4
245.3
245.0
27.3
25.8
27,4
27.2
26.4
2,273.2
2,289.3
2,282.5
2,304.8
388.9
395.7
390.5
385.8
188.1
195.4
195.0
197.3
170.3
169.0
172.7
167.6
413.8
421.8
417.4
425.5
40.9
41.5
43.6
48.7
24.5
26.1
25.5
27.5
204.2
206.6
207.6
223.4
1,430.5
1,456.2
1,452,3
1,475.9
215.6
216.9
221.3
219.3
364.7
356.4
355.7
353.8
235.7
233.4
226.6
229.9
26.7
26.5
26,7
25.8
2,275.7
Oct. 6
Oct. 13 , _. 2,245.3
2,193.1
Oct. 20
Oct. 27
2,155.5
Nov. 3
2,092.8
367.2
360.2
348.5
344.2
331.2
204.6
198.5
184.3
168.0
168.7
167.5
16*4.7
160.8
161.7
160.8
454.7
451.2
443.8
434.3
411.6
48.9
48.8
42.7
41.6
43.7
27,8
28.4
30.6
30.0
25.1
220.6
219.8
210.3
204.1
201.5
1,491.3
1,471.7
1,420.9
1,383.9
1,342.6
224.7
227.0
226.4
224.6
229.0
310.9
306.4
304.5
301.5
275,9
220.1
214.5
215.2
220.5
219.7
28.7
25.7
26.0
24.9
25 6
Nov.
Nov.
Nov.
Deo.
10
17
24,....
1. .
2,051.7
1,992.2
1,968.9
1,953.4
327.1
315.8
301.6
290.7
167.0
149,4
151.5
147.6
140.8
134.8
134.7
137.7
396.7
389.5
391.8
386.2
44.0
37.1
35.0
35.1
20.7
24.1
24.4
27.7
177.3
178.8
172.6
160.9
1,273.5
1,229.6
1,211.7
1,185.9
229.8
227.4
223.5
215.8
269.4
263.8
261.4
265.3
253.5
246.9
248.8
264.3
35.0
24.5
23.4
22.1
Dec.
Dec.
Dec.
Dec,
8
1,855 5
15. „ 1,840.0
22
1,759.7
29. .. 1,729.6
287.1
283.1
275.3
261.5
143.3
143.3
138.0
143.9
85.6
85.7
89.1
89.1
385.2
388.9
304.2
302.1
33.0
34.3
35.9
39.0
28.5
28.3
28.3
25.7
161.2
159.7
157.6
156.0
1,124.0
1,123.4
1,028.4
1,017.1
196.2
193.3
205.7
175.6
259.3
256.3
256.2
280.9
254.2
244.5
247.7
236.0
21.8
22.4
21.6
20.0
1,718.8
1,728.9 1
1,700.4
1,673.8
1,663.9
1,630 9
255.8
255.8
261.4
262.7
260.9
249.9
136.5
136.5
136.1
135.9
131.9
131.2
86.7
87.8
83.4
80.5
80.0
73 1
302.7
302.7
301.7
281.9
281.4
269 9
42.0
42.3
40.7
39.7
40.2
37.6
24.4
24.4
24.2
22.4
19.9
18.7
155.2
165.6
155.3
157.6
159.8
161.0
1,003.3
1,005.1
1,002.9
980.7
974.1
941.5
180.3
181.1
186.7
179.0
181.2
186.6
271.8
278.1
250.9
251.4
251.7
251.4
243.1
244.2
230.5
241.4
235.3
231.5
20,3
20.3
23.3
21.3
21.5
20 0
Feb. 9
Feb. 16 .
Feb. 23
Mar. 2
1,596.6
1,581.8
1,580.9
1,545.6
244.0
232.6
250.0
257.2
127.9
128.6
124.7
126.7
63.9
62.7
54.0
49.2
262.4
267.1
263.6
241.3
30.7
31.8
29.2
28.1
17.3
16.8
19.8
17.0
162.3
156.9
152.9
149.0
908.6
896.5
894.2
868.5
185.6
183.3
185,7
180.6
252.2
252.7
252.0
254.4
229.9
230.2
228.9
224.0
*0.2
19.2
19.5
18.0
Mar.
Mar,
Mar.
Mar,
9. .
16
23
30
1,533.6
1,519.3
1,520.8
1,521.0
256.6
244.2
242.8
248.1
121.0
124.7
127.9
126.3
49.3
48.4
50.1
48,5
237.0
236.7
240.8
236.7
28.2
27.0
25.4
25.7
15.6
15.4
14.4
14.9
144.3
138.9
135.2
135.7
851.0
835.4
836,6
835.8
183.0
183.8
189.7
186. -i
255.2
255.2
253.7
257.8
234.1
225*0
220.9
219.5
18.8
19.3
19.9
31.3
Apr.
Apr.
Apr.
Apr.
6 .
13
20
27
1,470.3
1,466.0
1,463.9
1,468.8
229.0
229.7
234.4
240.1
130.9
129.1
121.9
118.1
46.3
44.9
42.8
47.3
231.7
228.6
230.2
224.3
26.5
26.7
27.8
26.9
15.5
16.2
15.2
15.2
130.7
126.3
122.9
123.7
810.7
801.5
795,1
795,8
183.4
181.0
185.9
186.5
254.1
263.0
260.5
262.3
203.5
201.7
208.5
200.2
19.6
18.8
18.9
18.2
May 4
May 11
May 18
May 25
June 1
1,435.1
1,402.6
1,388.5
1,396.8
1,375 6
233.0
221.3
225.2
213.2
199.5
124.9
111.9
107,5
108.7
106.7
46 9
46.2
44.3
48.4
47 1
217 5
199.4
190.3
188.8
181 1
26.9
27.7
27.1
30.2
26.9
16.2
10.4
15.9
17.1
19.8
110.1
113.1
114.8
126.3
126.2
775.5
736.0
725.1
732.7
707.1
179.5
185.8
183.4
188.5
180.6
209.4
261.1
259.3
260.0
260.9
303.3
301.8
202.0
199.8
195.3
18.4
17.8
18.7
19.8
19 8
JuneS
June 15
June 22
June 29
1,361.7
1,358.8
. 1,364.4
1,357.4
204.9
206.5
211.2
217.4
105.7
105.0
105.2
102.2
44.5
44.0
44.7
48.6
180.9
179.5
178.5
173.8
27.6
27.1
25.5
27.3
21.1
20.9
20.4
18.2
122.0
120.9
118.3
121.9
706.6
703.9
703.8
709.4
182.0
183.8
185,9
173.5
268.3
203.9
204.1
201.7
187.8
189.4
162.6
194.4
17.0
17.8
18.1
18.4
July 6
July 13
July 20
July 27
Aug. 3
1,337.1
1,308.8
1,311.4
1,311.9
1,322.5
210.1
208.9
218.4
221.3
224.6
101.6
103.4
103.7
101.8
104.0
48.6
. 46.9
43.8
45.1
46.3
174.7
166.3
167.0
165.9
167.8
28.2
26.7
25.3
23.9
22.8
18.1
16.9
16.0
15.9
15.9
119.5
112.3
107.9
106.3
106.4
700.9
681.4
682.0
680.1
687.8
169.1
166.4
175.9
173.7
175.0
263.0
253.7
249.5
251.4
249.3
185.0
186.9
182.0
184.4
189.6
19,5
20.5
21.9
22.4
20.9
Aug.
Aug.
Aug.
Aug.
10
17
24
31
1,333.0
1,341.4
1,365.8
1,391.8
227.9
227.4
229.4
238.1
106.0
115.6
125.5
126.6
47.0
49.8
43.5
44.6
167.2
169.5
172.3
176.2
20.0
20.5
20.8
21,7
16.9
18.8
17.6
17.8
106.1
102.2
107.9
109.4
691.0703. 7
717.0
734.5
175.9
176.1
183,2
184.6
249.9
249.8
248.1
254.2
195.0
190.0
193.7
192.4
21.2
21.7
23.9
26.2
Sept. 7
Sept. 14
Sept. 21
Sept. 28.....
1,450.8
1,596.6
1,717.4
1,751.4
273.2
290.9
335.4
308.5
136.3
146.2
151.4
165.6
44.6
62.5
68.0
82.2
177.2
184.4
182.5
191.0
21.5
19.5
18.1
17.6
17.3
20.4
20.1
17.2
121.6
164.8
211.3
232.8
791.6
888.8
986.8
1,015.0
185.1
188.4
193.9
190.8
253.1
268.6
273.7
• 285.0
194.3
222.3
231.6
226.9
26.6
28.6
31.4
33.7
1037—July 7
July 14
July21__ .
July 28
Sept 8
Sept. 15
Sept, 22
Sept. 29
1938—Jan. 5
Jan. 51
Jan. 12
Jan. 19
Jan. 26 .....
Feb. 2
1
Certain of the figures for January 5,1938, and succeeding weeks are not precisely comparable with the corresponding figures for weeks preceding January 5, owing to a revision in the instructions to reporting banks. Figures adjusted to the basis employed in previous weeks are also shown.
580
BANKING AND MONETARY STATISTICS
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
LIABILITIES-Continued
[Reported by banks in United States. In millions of dollars]
United
Kingdom
Netherlands
Switzerland
Germany
Other
Europe
Total
Europe
Canada
Latin
America
044 5
063 7
,144 8
,137.3
,117 0
211 7
209 5
208 9
226.5
226 1
281 7
262 6
263 5
259.9
252 3
226 3
223 6
235 5
232.1
234 6
34 2
35 4
33 8
33.7
32 9
232 7
235.8
" 246.9
234.5
1,115 1
1,140.8
1,163.3
1,162.4
222 8
221.4
265.1
283.3
265 0
257.3 1
262.2
255.6
235 9
248.6
248.0
255.9
35 5
34.3
33.6
35.7
19.6
19.7
22 6
22.6
20 4
238.4
243.5
241.3
249.9
255 5
1,186.8
1,174.3
1,210 0
1,237.8
1 237 8
270 8
269.3
243 2
235 2
201 8
255 4
255.3
256 2
254 9
248 5
264 8
266.4
275 3
281.7
274 3
35
35
33
32
34
17.2
17.8
16.8
15.8
19 6
19.3
18.4
17.9
261 0
267.9
269.1
268.3
1,219 2
1,227.4
1,253.6
1,275.4
205 5
215 3
205.3
225.6
251 7
250 5
250.0
254.5
287 0
298.5
293.7
305.8
37 1
36 §
36.4
37.1
238.3
235.7
238.4
236.2
16.6
15.9
16.7
17.7
15.7
13.4
13.0
11.8
266.3
259.1
257.7
271.3
,301.6
, 302 . 9
,306.8
,349.9
229.0
229.9
223.2
212.6
259 . 1
259.0
264.6
203.9
299.7
303.6
305.1
300.2
37.3
35.8
35.9
39.0
126.3
131.3
148.5
143.9
234.9
239.6
231.8
247.1
16.9
19.8
18.5
18.7
12.1
13.2
14.2
14.8
277.9
278.0
296.1
314.7
,358.8
,366.0
,396.2
,432.7
215.0
221.7
239.5
236.6
269.8
271.7
292.3
300.7
297.3
293 A
303.9
305.5
39.6
38.2
41.1
43.3
231.0
235.9'
256.0
269.0
276.4
150.9
149.0
159.4
154.9
153.4
247.6
243.9
247.1
244.2
244.5
14.7
15.1
15.4
13.9
14.6
13.4
12.6
12.7
13.1
12.4
318.7
332.7
358.3
365.3
371.2
,479.9
,534.6
,580.2
,609.3
,629.4
252.2
251.2
259.7
267.0
316.9
305.6
312.2
323.3
330.6
342.0
304.5
305.4
312.0
308.9
315.0
46.5
45.4
46.7
47.3
46.3
561.4
575.1
580.0
578.0
275.7
271.7
271.6
275.3
155.0
150J
140.6
137.1
245.9
247,1
241.9
238.4
13.7
14.5
14.0
15.7
12.1
12. 3
13.7
14.3
369.5
370.1
373.6
370.5
,633.1
,641.0
,635.4
,629.3
315.4
313.6
312.7
309.4
348.9
357.3
368.7
371.7
316.7
313.8
309.0
317.5
45.5
46.1
49.1
48.6
2,642.2
2,654.0
2,666.0
2,683.0
590.1
605.2
599.7
607.4
266.6
272.6
279.7
284.4
136.8
145.6
140.9
146.0
237.6
237.3
247.4
240.8
14.7
15.0
14.7
15.1
12 6
12.5
12.6
12.2
362.3
356.6
359.6
366.9
,620.6
,644.8
,654.7
,672.7
293.3
293.0
295.0
291.7
366.8
361.4
359.5 I
363.0
313.9
305.2 1
3CJB.9 1
306.0
47.6
49.6
50.0
49.7
July 5
July 12
July 19.—July 26
Aug. 2
2,684.1
2,666.0
2,677.4
2,701.4
2,731.7
578.3
556.2
564.2
567.5
589.1
296.4
293.6
292.8
284.2
284.2
147.3
154.0
154.9
153.8
152.9
243.5
246.0
243.7
248.8
248.5
14.6
13.8
15.1
13.8
14.3
12.6
13.4
12.5
12.8
13.3
377.4
379.8
379.4
379.6
379.7
1,670.0
1,656.9
1,662.8
1,660.4
1,682.1
292.2
282.9
281.8
293.6
305.5
360.7
359.4
364.1
375.5
379.5
311.1
312.2
313.5
317.6
311.4
50.1
54.7
55.2
54.4
53.2
Aug. 9
_.
Aug. 16...Aug.23-__.
Aug. 30.__...
2,776.4
2,819.4
2,923.6
2,970.7
583.8
601.7
642.3
594.5
286.0
294.7
295.7
315.9
158.5
157.0
154.8
158.7
248.3
239.8
256.7
283.6
14.2
13.9
12.1
11.1
13.6
14.6
13.6
11.4
382.5
397.0
426.1
431.0
1,686.9
1,718.8
1,801.3
1,806.2
332.5
335.8
340.4
356.2
382.3
381.6
386.4
389. 8
319.8
331.5
338.9
349.1
54.9
51.8
56.7
69.4
Sept. 6
Sept. 13..—
Sept. 20—_.
Sept. 27...-
2,978.3
3,026.1
3,073.3
3,050.7
619.5
647.8
697.0
656.7
322.3
324.1
315.1
295.9
158.8
166.2
180.0
186.0
287.3
290.4
294.9
299.9
8.1
8.3
7.9
7.8
10.3
10.5
16.4
17.1
425.1
435.8
436.5
446.4
1,831.4
1,883.1
1,947.9
1,909.7
330.4
336.5
319.6
325.3
400.1
391.3
384.7
383.0
343.6
351.5
355.7
366.5
72.9
63.8
65.4
66.2
Oet. 4
Oct. ll...._.
Oct. 18......
Oct. 18. — __
Oct. 25.— ._
Nov. ! . _ _ _ _ _
3,025.9
3,010.0
2,999.4
1
3,054.4
3,077.8
3,063.2
636.5
644.5
648.4
648.4
630.6
613.7
• 291.4
276.9
261.3
261.3
259.9
256.1
186.0
177.5
181.8
181.8
186.0
188.5
294.8
296.3
296.7
296.7
307.4
304.1
9.5
8.1
9.4
9.4
9.6
9.1
19.0
20.0
31.0
31.0
31.6
31.0
445.4
455.0
449.9
449.9
475.6
472.5
1,882.7
1,878.5
1,878.5
1,878.5
1,900.7
1,874.9
326.1
322.2
311.4
311.4
309.2
325.4
382.8
383.3
379.0
379.0
379.0
371.8
366.6
358.8
360.9
419.3
418.5
67.7
67.3
69.6
69.6
69.6
72.6
8
„
15
22.__._
29.....
3,037.7
3,058.4
3,025.5
3,074.3
600.3
543.1
508.0
501.6
256.6
273.5
276.8
276.3
185.6
192.6
190.3
194.7
318.8
337.7
329.6
334.1
9.3
10.0
9.3
11.3
31.1
32.3
31.3
35.5
470.1
474.8
487.7
493.8
1,871.8
1,864.0
1,833.1
1,847.2
320.8
325.3
319.0
327.6
352.3
352.2
352.9
361.0
423.7
439.3
442.2
455.2
69.1
77.6
78.3
83.4
Dec. 6
Dec. 13...Dec. 20...Dec, 27.....
1940— Jan. 3
3,064.9
3,064.8
3,096.4
3,090.6
3,057.0
482.2
458.3
484.9
468.4
448.2
269.7
268.2
266.5
263.7
288.2
194.2
200.9
208.7
204.7
204.9
338.1
356.2
349.0
365.6
376.3
10.8
9.6
8.6
7.5
9.5
29.7
33.2
35.1
35.5
38.5
514.6
504.3
528.4
520.0
516.9
1,839.2
1,830.8
1,881.1
1,865.4
1,882.6
320.9
316.0
294.1
285.1
274.6
359.9
361.9
361.6
364.5
336.0
462.1
470.3
474.3
485. S
=491.4
85.8
85.3
§9.7
72.5
Date
Total
1938- -Oct. 5
Oct. 12
Oct. 19 ....
Oct. 26—
Nov. 2
1,798.4
1,794.8
1,886.5
1,889.5
1,862.9
318.4
322.2
366.4
367.4
353.2
169.2
173.9
192.8
190.3
187.9
75.2
76.7
81.8
80.5
79.1
205.3
214.5
218.0
219.6
218.7
17 3
17.5
18.2
18.0
20.0
22 3
21 3
21 4
22,7
21 9
9 - 1623.....
30^....
1,874.3
1,902.5
1,972.2
1,992.9
358.6
364.6
373.3
379.5
187.3
200.1
195.8
198.3
72.7
75.9
82.7
94.9
216.8
222.2
226.8
215.5
24.4
19.7
16.9
18.9
22 7
22.5
20.9
20.9
Dec. 7.
Dec. 14......
Dee. 21
Dee. 28
.
1939— -Jan. 4
2,012.8
2,001.0
2,018.4
2,042.0
1,996.6
413.9
400.7
423.2
438.8
436.1
187.7
186.5
187.0
190.9
187.4
95.6
90.3
96.5
98.4
101.8
214.8
215.9
220.1
217.4
218.8
16.9
17.6
19.3
19.9
17.8
2,000.5
2,028.5
. 2,039.1
- 2,098.4
412.5
420.1
419.2
430.2
197.1
197.6
199.9
195.0
99.3
101.8
103.4
114.5
212.5
202.9
226.8
233.9
2,120.7
2,131.1
2,135.7
2,165.6
442.8
449.7
445.2
467.9
201.2
209.4
216.5
214.6
120.7
119.6
119.4
130.4
Atar. 8— 2,180.6
Mar. 15...— 2,190.9
Mar. 22.— 2,273.0
Mar. 29— 2,318.8
468.7
467.9
468.1
473.9
222.0
216.3
218.9
219.5
Apr. 5__ — „
Apr. 12
Apr. 19
Apr. 26
May 3
2,388.7
2,448.8
2,fi21.9
2,568.1
2,649.6
503.6
545.4
531.3
548.9
557.0
May
May
May
May
10.—..
17. —
24 _ _ . „
31.....
2,659.6
2,671.7
2,674.8
2,676.4
June 7
June 1 4 _ _ _ _ _
June 21 __ —
June 28.....
Nov.
Nov.
Nov.
Nov.
Jan. 11
Jan. 18
Jan. 25.
Feb. 1
Feb. 8
Feb. 15
Feb.22..._.
Mar. 1
Nov.
Nov.
Nov.
Nov.
France
Italy
236 8
237 6
246 2
238.7 i
236 2
Far
East
ms.9
All
other
0
8
7
4
1
82.8
1
The reported figures for the Far East on October 18 and succeeding weeks are not strictly comparable with the correspondingfiguresfor
preceding weeks, owing to a correction in reporting practice by one of the reporting banks. Figures adjusted to the basis employed in previous
weeks are also shown.
2
Figure covers all Asiatic countries. Previous figures include only British India, British Malaya, China, Japan, Netherlands Kast Indies,
and Philippine Islands, the remaining Asiatic countries being included under "all other."
INTERNATIONAL FINANCIAL STATISTICS
581
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
LIABILITIES-Continuud
[Reported by banks in United States. In millions of dollars]
Date
Total
United
• Kingdom
France
Neth- •
erlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
All
other
Asia
1940— Jan 10
Jan. 17
Jan. 24
Jan 31
3,099.7
3,113.5
3,116.2
3,097.4
434.9
438.0
426.9
404.5
293.6
285.1
290.0
290.6
205.5
208.7
202-.7
200.3
382.3
381.1
383.8
395.5
8.6
8,2
8.6
9.1
41.3
41.9
43.8
43.7
541.6
544.9
564.1
569.0
1,907.7
1,907.9
1,919.8
1,912 6
262 8
262.6
265.7
266.9
351 9
351.6
353 . 9
352 2
506 6
519 4
506.8
494 8
70 7
Feb. 7
Feb. 14
Feb 21
Feb 28
3,089.2
3,099.2
3,083.3
3,105.5
405.6
393.9
374 8
376.6
288.8
291.2
284 9
288 5
194.8
196.7
200.0
200.1
395.2
408.8
411.9
411.0
8.4
8.4
43.7
42.7
43,0
44.5
570.9
593.2
578 6
593.5
1,907.5
1,934.7
1,901 8
1,922 6
261,6
261.6
260 0
268 7
350.5
356.6
355 2
354 6
498
478
497
49?
71
68
68
62
Mar.
Mar.
Mar.
Mar.
Apr.
6
13
20
27
3
3,063.8
3,087.8
3,126.4
3,149.0
3,165 2
357.1
355.6
346.0
343.4
361.3
285.0
286.4
281.5
285.0
290.7
200,7
198.0
201.0
198.5
199.7
407.4
426.8
427.7
431.6
432 2
8.7
46.5
50.2
54.6
54.3
69 3
587.4
581.3
618.4
617.8
618 7
,892,9
,907.2
,937.6
,939.7
,980 3
254 4
258.2
255.8
273.2
250 1
357 9
358.9
369.0
372.0
365 5
501 3
509.1
509.1
509.6
515 2
57 4
54.4
54.9
54.5
54 1
Apr. 10
Apr. 17
Apr. 24
May 1
3,148.0
3,165.1
3,193.1
3,188.3
332.9
345.4
343.7
326.6
288.8
290.4
291.1
286.7
199.9
211.2
214 4
213.1
425 9
421.8
448 2
447.6
7 9
63 8
67.7
73 3
71.3
622 5
617.3
609 4
616 1
,941 8
,961.5
,988 3
,969 9
261
252
248
255
7
5
6
3
370 1
383.8
385 6
389 9
519
509
515
517
54
57
54
55
MayS. . „ 3,192.3
3,186.8
May 15
May 22
3,238.9
3,178.7
May 29
342.8
360.3
359.7
354.5
280.7
283.6
328.6
319.1
211.4
204.2
201.6
.198.3
449.4
433.6
419.6
413.6
8.3
9.7
10.4
9.9
66.3
70.3
69.1
65.0
616.1
614.5
616.9
619.3
,974 9
,976.2
,005.9
,979.8
243 2
249.3
252.2
236.0
393 4
393.7
403.6
402.4
530 4
516.2
520.5
501.9
50 4
51.4
56.6
58.6
June 5
June 12
June 19
June 26
JulyS
3,199.2
3,166.2
3,366.2
3,355.9
3,456.3
358.3
373-. 3
370.2
367.3
397.9
319.7
292.9
503.4
487.4
504 8
197.7
189.7
190.4
189.3
184 7
432 2
426.5
426.4
432.2
441 0
10.3
10.5
10.3
9.6
9 8
43 2
32.7
32.5
28.9
29 8
611 8
610.9
604.7
608.9
625 7
,973 2
,936.5
2,137.8
2,123.6
2,193 8
235 2
240.1
235.6
243.3
259 2
409 6
404.3
412.7
410.3
421 4
516 4
521.0
516.7
516.5
521 7
64 9
64.4
63.4
62.2
60 3
July 10
July 17
July 24
July 31
3,475.7
3,513.7
3,513.9
3,5i6.2
383.1
373.9
362.8
343.0
500.6
497.7
496 3
497.3
184 9
182.3
181 5
178.3
444 5
448.6
449 5
449.2
10 1
12.0
12 9
13.6
28 1
28.0
27 0
25.8
625 9
624.7
629 4
634 7
2,177 2
2,167.2
2,159 5
2,141.9
278 9
308.4
310 2
353.9
421 8
433.7
430 4
420.8
530 9
536.9
546 8
542 8
66 9
67.5
67 0
66 7
Aug. ? _ _ _ _ „
Aug. 14
Aug. 21
Aug. 28
Sept. 4 _ _ , _ _
3,567.4
3,611.1
3,648.7
3,660.4
3,666.9
373.8
376.2
370.2
372.6
385.7
521.3
519.1
517.3
518.1
515.2
178.2
186.5
183.6
183.4
182.7
460.3
465.3
469.8
475.2
476.4
13.1
13.4
14.0
13.4
10.5
25.8
26.6
25.5
25.7
26 1
636.9
642.3
650.2
650.4
651 7
2,209.3
2,229.3
2,230.7
2,238.7
2,248.4
360.8
377.8
398.7
401.0
395.9
426.6
432.3
426.7
427.6
432.3
503.5
507.0
525.6
529,6
527 6
67.1
64.8
67.1
63.4
62.7
Sept. 1 1 _ _ _ _ _
Sept. 18.._.
Sept. 25__...
Oct. 2
3,640.3
3,713.4
3,688.8
3,719.0
349.1
421.1
385.0
386.4
513.1
508.8
507.7
503 5
180.3
179.3
179.7
180.3
474.1
460.4
454.8
459 6
11.9
12.3
12.0
13 2
26.7
28.1
26.3
24 6
652.0
661.0
667.4
667 5
2,207.2
2,271.1
2,232.8
2,235 0
413.5
407.5
407.3
410 7
427.1
436.3
436.1
438 4
532.9
534.5
544.0
567 7
59.6
63.9
68.5
67 1
Oct. 9
Oct. 16
Oct. 23
Oct. 30
3,734.7
3,712.5
3,744.9
3,738.7
393.5
369.5
371.9
378.8
502.7
502.1
501.7
500.8
180.1
179.9
180.8
179.1
465.5
466.3
479.2
490.0
12 0
8.8
8.7
9.1
24 2
21.4
20.5
19.4
670 5
681.9
663.2
662.5
2,248 4
2,229.8
2,226.0
2.239.6
407 6
402.1
416.8
408.1
438.9
436.2
449.9
446.0
570 8
575.4
582.6
576.3
69.1
68.9
69.6
68.7
Nov. 6
Nov. 13
Nov. 20
Nov.27__.__
3,763.2
3,768.1
3,825.5
3,820.3
379.3
379.7
390.0
397.2
501.3
500.4
498.7
497.6
180.0
178.0
176.5
172.8
491.6
488.7
488.4
493.5
7.1
7.7
7.1
8.0
19.3
18.7
19.3
18.9
659.2
662.0
658.6
656.3
2,237.7
2,235.3
2,238.7
2,244.3
422.1
418.8
438.9
435.2
448.3
445.1
443.1
453.6
585.4
595.7
634.0
622.0
69.7
73.3
70.8
65.1
3,804 0
3,772.7
3,808.3
3,787.1
3,785 2
372 1
343.0
377.0
346.9
365 5
494 0
492.9
494.!
493.1
490 1
171 5
174.2
174.4
174.4
174 3
498 9
499.4
502.4
503.4
508 4
6 9
7.0
7.1
6.8
6 7
18 4
18.3
18.6
18.2
17 9
653 8
649.6
652.6
649.5
650 6
2 215 6
2,184.3
2,226.2
2,192.4
2 213 5
448 3
443.4
441.3
445.7
434 3
449 9
454.8
444.3
450.4
447 3
622 6
621.6
624.2
624.8
616 9
67 7
68.6
72.4
73.8
73 3
Dec. 4
Dec. 11
Dec. 18
Dec. 25
1941— Jan. i
8 5
8.4
9.1
8.5
9.1
8 4
7.8
8 1
8.5
4
2
7
3
5
4
8
6
720
70 1
70 9
2
1
7
4
9
9
9
6
582
BANKING AND MONETARY STATISTICS
NO, 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1911; WEEKLY, JULY 1931-DECEMBER 1941-Continued
LlflBILITIES-CoiJlimd
[Reported by banks in United States. In millions of dollars]
Total
Date
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Asia
AH
other
1941— Jan. 8 . .. 3,779.1
Jan. 15 ,. 3,883.8
3,881.4
Jan. 22
Jan. 29
„_ 3,842.1
352.5
462.4
447.1
421.9
490.9
492.0
489.2
487.2
171.0
170.1
170.1
170.0
512.3
515.8
515.3
496.0
6.4
6.4
6.0
5.5
18 3
17.2
17 1
16.0
648.3
644.0
637.3
634.4
2,199.7
2,307.8
2,282.1
2,230.9
432.4
435.8
437.3
443.6
453.0
452.3
448.6
457.0
620.7
615.6
634.3
631.0
73 2
72.3
79 0
79.6
3,802.1
Feb. 5
Feb. 12
3,783.1
Feb. 19.. .. 3,734.3
Feb. 26
3,728.8
395.9
372.1
343.9
351.4
487.3
487.3
487.3
487 1
169.1
171 3
170.1
169 4
500.6
497 8
495.5
489 5
5.9
6.0
7.2
7 0
15.8
15 7
15.4
15 5
631.0 1 2,205.6
625.6 2,175.9
624.4 2,144.0
631 5 2,151.3
438.2
440.3
435.7
434.8
462.9
444.2
440.1
435 1
619.5
643 0
632.9
624 4
75.9
79 8
81 6
83 3
3,754.3
3,814.2
3,828.6
3,811.4
3,775.0
345.0
404.3
393.7
383.5
369.4
488 7
485.9
486.6
486.6
484.9
187.9
188.1
188.0
186.8
187.3
494 3
494.4
495.3
494.7
497.8
59
6.9
5.5
5.8
5.6
15 4
15.2
15.4
15.4
15 3
630 0
623.3
629.0
624.7
623.8
2,167.1
2,218.1
2,213.5
2,197.5
2,184.3
425.4
430.9
431.4
430.8
421.5
445 0
454.6
468.0
466.7 '
470.2
625 3
626.4
630.8
629.6
612.9
91 6
84.1
84.9
86.9
86 1
3,899.8
Apr. 9
Apr. 16.. .- 3,925.4
Apr. 23
. 3,905.4
Apr. 30
3,883.5
476.8
497.3
469.2
454.9
489.2
489.2
489.4
487.7
182.8
182.6
179.8
179.7
492 6
489.2
489.6
489.1
5.7
5.8
5.7
5.7
15.3
15.2
15.4
15.0
631,4
636.5
625.2
623.6
2,293.7
2,315.8
2,274.3
2,255.9
421.2
424.1
433.4
434.0
468.3
475.8
488.8
478.9
626.7
615.8
610.8
612.9
89.9
93.9
98.2
101.8
May?
May7'.__
May 14
May 21
May 28.....
3,869.7
3,869.7
3,850.4
3,878.2
3,892.6
440.5
446.2
448.2
448.3
462.0
487.7
492.3
491.0
488.4
488.2
180.7
174.4
173.6
173.6
173.7
490.6
494.6
500.0
503.4
507.2
5.8
5.8
5.9
5.7
5.5
15.0
15.0
14.8
14.5
14.7
624.6
613.4
607.5
608.6
607.5
2,244.9
2,241.7
2,241.1
2,242.6
2,258.9
429.7
429.7
425.0
426.7
412.2
479.1
479.1
477.0
480.7
488.1
615.8
619.0
609.4
623.2
628.5
100.1
100.1
97.9
105.0
104.9
June 4
June H ....
June 18_.....
June 25
July 2
3,861.4
3,853.1
3,875.5
3,867.1
3,819.5
441.2
432.3
439.2
425.6
406.6
488.4
486.5
492.4
488.4
483.1
172.6
176.1
175.3
174.5
171.2
509.2
509.2
513.6
514. 4
514.2
5.8
5.6
5.7
5.7
5.7
14.3
14.4
14.4
14.1
14.4
608.6
604.8
603.6
606.8
606.5
2,240.0
2,229.0
2,244.2
2,229.4
2,201.6
408.1
404.9
426.7
426.1
417.9
489.7
491.1
488.6
489.8
492.8
619.0
625.7
614.0
617.3
599.7
104.6
102.6
102.1
104.4
107.5
July 9
July 16
July 23
July 30
3,820.9
3,797 7
3,779.8
3,767.6
397.0
394.9
384.0
369.8
482.5
481 9
480.8
479.7
170.5
170.6
170.3
171.5
514.1
503 9
502.1
502.2
5.7
6.0
6.2
6.2
14.5
14 4
14.4
14.4
603.6
603.6
602.9
604.2
2,187.8
2,175.2
2,160.8
2,148.0
423.6
420.9
420.7
424.7
487.9
486.7
479.7
474.6
614.8
604.3
609.9
608.3
106.8
110.5
108.7
112.0
Aug. 6
Aug. 13
Aug. 20
Aug. 27
Sept. 3
3,811.7
3,793.1
3,782.4
3,731.7
3,739.4
448.9
434.4
414.6
387.9
359.1
478 0
475.4
475.1
472,6
472.2
169.4
169.9
167.8
167.3
166.7
499 0
496.1
497.7
498.3
499.0
6.3
6.3
6.3
6.8
6.8
14 5
17.4
17.4
17.1
17.1
603.3
608.0
615.5
606.1
603.0
2,219.4
2,207.5
2,194.3
2,156.1
2,124.0
417.0
410.8
418.1
415.0
436.2
464.1
470.5
462.2
465.9
466.6
599.0
592.5
586.2
574.2
591.2
112.2
111.8
121.7
120.5
121.4
Sept. 10
,
Sept. 17..._.
Sept. 24
Oct. 1
3,699.4
3,648.3
3,677.1
3,765.7
347.3
351.2
351.4
417.1
469.6
467.4
465.8
464'. 1
166.1
166.3
164.8
164.0
497.9
477.4
456.4
457.5
6.8
6.9
7.0
6.6
17.2
17.1
15.6
15.1
599.4
598.7
618.8
655.4
2,104.4
2,084.9
2,079.9
2,179.9
432.5
430.5
445.3
438.4
453.4
442.4
442.5
439.2
588.0
570.9
586.3
603.8
121.1
119.6
123.1
204.4
.. 3,749.2
3,734.2
3,717.3
3,764.5
403.1
387.4
370.0
455.2
462.7
461.6
461.7
461,1
165.4
163.5
163.6
164.3
457.1
456.2
434.5
435.2
6.5
6.5
6.6
6.6
15.0
15.1
15.2
15.1
651.7
664.8
664.1
645.8
2,161.5
2,155.3
2,115.8
2,183.2
441.2
438.6
437.2
426.4
442.9
443.3
444.0
435.7
599.4
590.4
614.6
609.2
104.2
106.5
105.7
110.0
Nov. 5
Nov. 12
Nov. 19
Nov. 26
Dec, 3
3,700.5
3,689.4
3,647.9
3,644.7
3,637,8
432.9
419.2
412.5
408.1
431.3
461.6
459.2
456.9
454.5
452.4
164.3
162.4
161.5
170.9
172.5
417.2
418.4
397.8
398.5
380.7
6.6
6.6
6.6
6.8
6.8
15.2
15.3
15.3
15.5
15.6
630.3
624.9
630.1
625.4
630.8
2,128.1
2,106.1
2,080.7
2,079.7
2,090.1
419.8
417.5
413.2
,412.1
401.4
445.8
435.6
432.6
439.1
440.5
595.2
613.5
604.8
597.6
590.0
111.6
116,7
116.6
116.3
115.8
Dec. 10
Dec. 17
Dec. 24
Dec. 31
3,615.3
3.545.6
3,521.1
3,482.4
416.8
413.5
409.6
400.8
449.7
450.1
449.3
-448.6
172.9
173.1
175.3
174.9
378.9
357.9
359.1
339.9
6.3
6.6
6.4
6.6
15.5
15.3
15.3
15.4
638.5
616.0
614.9
608.0
2,078.4
2,032.4
2,030.0
1,994.0
389.0
379.8
375.6
373.2
431.8
423.3
414.4
417.7
598.8
594.5
585.2
583.9
117.3
115.7
116.0
113.6
Mar. 5
Mar. 12
Mar. 19
Mar. 26....Apr, 2
Oct. 8 .
Oct. 15
Oct. 22
Oct. 29
i Certain of the figures for May 7? 1941, and succeeding weeks are not strictly comparable with the corresponding figures for weeks preceding
May 7, owing to a change in reporting practice of one bank. Figures adjusted to the basis employed in previous weeks are also shown.
INTERNATIONAL FINANCIAL STATISTICS
583
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
LIABILITIES-SUPPLEMENTARY DATA1
[Reported by banks in United States. In millions of dollars]
6 Latin American countries
5 European countries
Date
Total
Bel- Dengium mark
Finland
Norway
Sweden
Total
Argentina
Brazil
4 Asiatic countries
Chile Cuba Mexico
Panama
and
C. Z.
Total
PhilipChina Hong Japan pine
Kong
Islands
407.1
427.5
427.1
441.6
448.1
159,2
161.5
162.0
163.3
166.2
28.1
29,7
28,0
28.6
28.7
21.4
20,4
19.5
16.2
23.8
56.3
58.3
64.2
64.9
67.0
142.2
157.6
153.4
168.5
162.4
250.7
260.7
257.3
262.5
259.3
57.7 , 36.4
60.6 35.8
62.0 34.5
65.6 35.0
66.5 31.8
26.8
26.3
25.3
25.1
24.4
37.0
39.9
37.9
39.2
38.3
58.8
62.3
62.1
61.7
62.1
34.0
35.8
35.4
35.8
36.2
432.9
444.3
456.4
445.4
434.7
167.0
168.5
171.5
174.3
173.8
71.4
73.3
73.5
77.1
72.2
165.4
172.9
180.0
162.9
158.7
29.1
29.6
31.3
31.0
30.0
Feb. 7
Feb. 14.... .
Feb. 21.....
Feb. 28
448.8
461.9
446.9
458.8
172.9
175.0
173.6
176.6
26.7
27.8
27.8
27.2
27.1
25.1
21.8
23.7
68.7
68.5
69.8
69.4
153.4
165.5
153.8
161.9
260.1
264.9
263.2
263.7
65.4
66.7
66.0
68.7
31.9
29.5
30.8
30.0
26,1
26.7
25.7
24.7
38.4
38.4
38.4
38.3
61.0
67.6
65.8
65.2
37.2
35.9
36.5
36.7
437.6
423.7
441.5
439.2
176.2
176.8
175.8
178.9
72.5
70.0
70.0
68.5
152,9
144.1
164.2
162.1
36.0
32.9
31.4
29.7
Mar. 6
Mar. 13....
Mar. 20....
Mar, 27....
Apr. 3
450.6
443.5
483.5
482.1
475.1
175.8
175.1
,177.5
179.2
184.3
27.8
27.9
29.4
29.9
28,7
25,4
26.3
25.8
25.2
25.0
69.8
70.2
68.7
68.4
68.4
151,8
144.0
182.2
179.4
168.6
266.3
269.6
274.7
279.0
275.4
66.1
68.6
67.0
68.1
63.5
31.6
32.6
34.0
34.9
35.3
24.4
24.1
24.3
23.4
24.7
40.1
40.9
42.4
44.3
43.2
65.9
64.8
67.6
68.8
68.4
38.3
38.7
39.3
39.4
40.2
440.3
444.5
446.7
446.1
455.1
180,2
181.5
182.1
180.1
178.5
68.5
69.1
70.9
75.4
75.2
161,1
161.2
161.8
157.9
169.4
30.5
32.7
31.9
32.8
32.0
470.7
Apr, 10
466.8
Apr. 17
Apr. 24 .... 457.1
460.2
Mayl
182.0
184.0
184.0
183.7
26.6
26.0
23.8
23.0
24.8
25.5
26.9
27.2
71.2
70.0
67.6
67.5
166.1
161.3
154.7
158.9
277.2
290.8
292.6
297.1
66.1
73.9
76.4
80.6
36.2
38.3
36,9
35.0
23.9
24.1
23.7
23.4
43.9
43.7
45.6
46.4
67.9
68.8
67,6
67.2
39.2
41.9
42.5
44.5
460.1
448.8
452.6
461.3
180.1
180.1
183.6
184.1
75.3
76.9
77.5
81.1
172.8
159.2
158.3
164.1
31.8
32. B
33.3
32.0
455.8
448.8
443.8
443.3
182.2
176.3
170.1
172,0
22.3
21,9
21.7
21.1
27.4
27.6
29.0
29.5
66.7
66.4
65.6
64.1
157.2
156.6
157.4
156.7
300.5
302.4
311.2
311.8
78.8
81.4
84.7
83.3
35.3
33,4
35.8
34.8
25.4
25.5
26.1
24.8
47.7
48.5
47.6
49.6
68.Q
67.8
67. 9
68.6
45.3
45.7
49.2
50.6
469.6
461.2
463.8
446.2
182.5
183.3
182.2
178.8
84.6
83.0
80.9
79.4
169.4
163,0
165.0
151.8
33.1
31.9
35.6
36.2
June 5
June 12
June 19
June 26
July3
435.1
434.4
431.3
434.4
457.0
167.8
165.6
164.7
165.8
161.3
20.1
20.1
20.1
19.8
19.5
29.3
29.0
29.5
29.5
29.6
63.0
62.2
60.6
60.0
59.0
154.9
157.5
156.4
159.4
187.6
316.9
311.5
316.3
316.6
326.5
90.1
89.3
93.6
89.0
88.7
35.0
34.2
36.1
38.6
39.0
27.6
27.4
26.9
30.2
30.2
48.2*
46.8
47.6
47.1
49.7
68.8
68.7
67.8
66.1
65.3
47.1
45.2
44.3
45.7
53.5
457.2
452.7
445.6
443.8
448.4
181.2
185.1
183.4
182.7
181.8
79.2
78.4
77.3
77,5
78.4
160.1
154.3
149.8
149.8
152.6
36.7
34.9
35.1
33.8
35.6
July
July
July
July
10
17
24
31
455.5
452.6
454.8
457.7
160.5
158.3
156.5
154.9
18.6
18.7
18.3
18.4
29.9
29.2
29.0
29.1
58.3
57.9
58.1
57.8
188.1
188.4
193.0
197.5
325.5
333.9
332.0
321.3
90.7
97.2
97.0
93.1
37.8
38.5
38.0
38.0
30.2
30.8
30.5
29.2
49.5
50.6
51.8
48.1
64.0
61.5
61.0
60.3
53.3
55.4
53.6
52.7
452.7
456.9
460.5
446.6
181.7
180.6
182.5
181.6
81.5
84.1
84.4
84.3
151.9
155.5
155.6
142.6
37.7
36.7
37.9
38.2
Aug. 7
Aug. 14
Aug. 21
Aug. 28
Sept. 4
461.1
464.3
469.4
468.1
466.7
154.6
153.7
151.9
151.7
150.9
18.1
18.0
17.8
17.3
17.2
28.8
27.9
27.0
26.9
26.3
57.3
56.7
54.8
54.8
54.3
202.2
207.9
217.9
217.4
218.0
328.2 95.2
330.6 101.2
325.2 97.7
326,5 100.2
332.2 103.9
37.7
35,7
34.5
33.5
31.4
29.5
29.7
28.7
27.1
27.8
50.6
52.9
51.8
51.5
51.1
60.8
57.4
56.8
57.8
58.5
54.4
53.8
55.7
56.5
59.6
406.5
404.8
414.0
414.8
408.3
182.0
184.3
185.3
185.7
184.7
85.7
84.8
85.9
86.9
87.6
98.2
96.2
105.0
102.2
97.4
40.5
39.5
37.8
40.0
38.7
Sept. 11
Sept. 18,.,.
Sept. 25....
Oct. 2
468.6
465,4
469.4
470.3
150.2
147.9
147.5
147.9
17.1
17.3
16.7
16.8
29.9
30.3
30.4
29.1
54.4
54.4
52.8
51.2
216.8
215.5
222.0
225.3
328.1
336.7
337.3
338.8
101.2
105,1
107.1
110.1
31,9
33.8
33.0
33.4
26.2
26.5
26.5
26.1
51.0
51.0
50.3
48.7
61.6
63.7
63.8
63.2
56.2
56.6
56.7
57.3
414.6
416.1
418.5
431.6
186.9
189.7
191.7
192.7
86.1
85.0
86.7
87,0
96.0
95.0
96.6
106.8
45.6
46.3
43.4
45.2
Oct. 9
_.
Oct. 16
Oct. 23
Oct. 30.....
471.0
471.9
474.9
469.0
146.1
145.9
146.4
145.7
16.6
16.6
16.6
16.2
29.7
28.7
28.3
24.3
52.4
52.1
51.8
51.3
226.2
228.7
231,8
231.5
339.6
335.0
350.4
348.2
112.2
113.1
115.3
112.7
32.6
30.4
39.5
39.7
25.7
24.4
24.6
25.0
49.3
48.3
48.3
48.4
63.2
63.2
64.2
64.4
56.6
55.6
58.5
57.9
433.5
433.8
428.8
432,5
191.8
192.3
190.6
195.1
86.8
87.9
88.8
89.4
109.4
109.7
103.5
102.8
45.6
43.9,
45.8
45.2
Nov.
Nov.
Nov.
Nov.
6
13....
20,...
27....
469.3
467.7
466.4
466.2
145.4
145.0
145.7
145.7
16.1
16.0
15.8
16.1
24.3
24.4
24.5
22.0
51.2
50.3
50.2
50.1
232.4
232.0
230.1
232.4
344.4
340.6
341.6
353.8
110.4
111.2
114.0
115.1
40.6
37.8
37.7
44.1
24.3
24.3
23.9
26.9
46.3
45.6
46.0
46.4
64.3
64.3
63.2
62.6
58.5
57.4
56.9
58.6
436.3
444.4
480.0
475.2
192.7
193.2
217.9
218.6
91.5
92.0
92.6
92.2
106.9
114.1
125.4
119.3
45.2
45.0
44.1
45.1
4
11
18
25
1
462.7
460.8
461.0
458.5
462.7
147.4
146.6
146.9
146.5
144.8
15.8
15.7
16.3
16.3
17.3
16.1
16.0
16.0
15.8
16.5
49.8
49.5
49.3
47.6
48.7
233.6
233.0
232.6
232.4
235.4
349.8
352.3
336.8
342.4
341.7
110.8
110.0
113.2
117.0
115.4
42.2
43.6
36.2
36.3
36.2
27.1
28.2
27.8
28.1
28.5
45.9
46.1
48.8
48.9
47.9
64.4
64.6
53.3
53.1
55.0
59.5
59.8
57.4
59.1
58.7
470.9
470.6
466.8
465.6
454.5
217.7
216.0
216.4
212.4
207.5
92.2
93.2
92.3
92.8
91.1
112.2
111.7
109.5
113.3
110.3
48.9
49.7
48.6
47.2
45.6
1940—Jan. 3
Jan. 10
Jan. 17
Jan. 24
Jan. 31
May
May
May
May
Dec.
Dec.
' Dec.
Dec.
1941— Jan.
8
15
22 ....
29
1
The figures on this and the following page represent a partial analysis, available only from January 3,1940, of the figures appearing on preceding r>aees of this table under the headings "other Europe," "Latin America," and "Asia."
584
BANKING AND MONETARY STATISTICS
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1129-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Oontinued
LIABILITIES-SUPPLEMENTARY DflTA-Centinned
[Reported by banks in United States, In millions of dollars)
5 European countries
Date
Total
Belgium
Denmark
Finland
6 Latin American countries
Nor-
way
Ar-
Swe-
den
Total
4 Asiatic countries
Pan-
Mex-
Bra-
gentina
zil
Chile Cuba
ico
ama
and
Total
China
Hong
PhilipKong Japan pine
Islands
C. Z.
454.6
452.2
447.0
450.5
143.9
143.8
141.6
143.2
17.0
16.7
17.2
17.1
15.8
15.1
14.2
14.1
48.4
48.1
47.8
48.3
229.3
228.5
226.2
227.7
344.9
343.5
338.8
342.5
116.3
116.2
115.9
118.2
37.7
38.9
41.4
45.4
29.2
29.4
27.3
26.1
47.9
48.3
50.4
48.6
54.0
52.4
51.8
49.3
59.8
58.3
52.1
54.8
458.3
455.7
470.4
464.3
208.1
209.0
209.2
210.5
92.6
92.3
92.9
93.4
113.3
111.8
124.8
114.1
44.4
42.7
43.5
46.3
444 4
Feb. 5
441.2
Feb. 12
Feb. 19... _ . 438.5
Feb. 26__._. 437.9
143 1
141.6
138.9
140.7
16 8
17.5
17.8
17.0
13.2
13.1
13.0
12.3
47 0
46.6
46.7
46.2
224 4
222.5
222.1
221.6
351 3
326.9
322.5
319.6
121.6
102.3
101.8
103.3
47.2
44.8
38.6
35.1
26 4
25.9
26.7
25.3
48.6
48.5
46.8
47.3
51.0
51.5
53.8
52.6
56.5
54.0
55.3
55.9
459.9
481.8
474.2
464,4
209.3
224.6
221.7
217.5
93 8
94.7
95.3
97.5
109 4
116.1
109.8
103.4
47.5
46.4
47.3
46.0
Mar. 5 _ _ _ _ _ 434.2
Mar. 12.... 433.9
Mar. 19. . 434.6
Mar. 26..- 432.0
Apr. 2...._. 429.6
139.1
137.7
137.6
135.2
135.4
17.1
16.9
16.8
16.6
16.4
11.9
11.2
10.8
10.9
10.6
46.0
45.9
45.9
45.7
45.0
220.2
222.2
223.5
223.6
222.2
323.1
330.5
345.1
346.1
348.6
102.1
102.5
104.7
105.2
104.5
36.3
43.6
55.1
43.1
44.0
25.9 •48.7
25.5 49.2
26.0 51'. 2
30.8 51.6
30.5 51.5
53.2
54.3
53.0
53.4
53.5
57.0
55.3
55.2
61.9
64.5
461.9
460.7
462.0
459.6
447.9
215.6
213.9
214.4
212.4
216.7
96.7
96.4
95.4
95.0
94.5
100.5
101.6
106.3
105.3
90.8
49.0
48.9
45.9
47.0
45.9
Apr. 9,
Apr. 16...,.
Apr. 23.-..
Apr. 3 0 _ _ _ _ _
430.2
430.2
429.7
433.1
134.9
134.9
133.4
134.1
16.5
16.3
16.1
16.1
11.6
11.5
11.4
12.5
45.0
45.0
44.9
44.8
222.3
222.4
223.9
225.6
347.2 107.7
351.1 107.7
359.3 111.6
349.1 103.4
44.9
46.1
49.5
50.6
29.5
29.3
29.9
28.8
53.3
54.8
55.8
55.6
51.4 60.4
51.7 fil.5
51.8 60.6
48.6 '62.1
450.0
437.7
430.1
420.5
204.5
198.2
191.2
187.0
93.9
93.1
92.7
92.8
104.0 47.6
98.3 48.1
98.7 47.4
92.5 48.2
May 7.
May 71....
May 14_.___
May 21...
May 28—
434.8
426.4
426.0
426.3
426.3
133.9
125.5
125.8
125.7
125.1
15.8
15.8
15.5
15.3
15.2
11.8
11.8
11.6
10.3
44.7
44.7
44.4
44.3
44.2
228.6
228.6
228.7
231.1
231.5
348.8
348.8
349.5
349.1
355.8
103.8
103.8
104.7
105.1
107.1
48.2
48.2
50.1
49.9
52.4
29.6
29.6
30.4
29.8
29.4
59.2
59.2
59.1
60.4
60.6
48.3
48.3
48.6
48.0
48.8
59.8
59.8
56.6
55.9
57.5
420.8
420.8
416.3
418.6
418.8
183.6 95.7
183.6 95.7
179.4 96.6
178.6 96.8
176.5 95.9
92.5
92.5
92.8
93.1
94.9
49.0
49.0
47,5
50.1
51.5
June 4
June 11__.__
June 18—
June 25
July 2 _ _ _ _ _ _
426 6
426.6
125.9
426.4
425.7
J24 6
125.0
124.9
124.9
125.5
16 2
16.2
16.0
16.4
15.9
9.4
8.0
5.6
5.5
5.4
44 1
43.8
43.6
43.7
43.7
232 2
233.6
235.7
235.7
235.2
357.2
358.6
357.3
363.2
364.2
109 9
109.9
112.9
115.6
119.4
50.8
53.1
52.4
54.2
53.4
28.9
28.7
29.9
29.9
29.4
61 8
62.2
60.9
61.0
60.1
48.5
48.3
45.3
44.9
42.6
57.3
56.4
55.9
57.8
59.4
414.6
415.3
412.5
406.3
393.4
175.5 97.3
172.2 97.4
169.4 97.5
171.6 96.5
164.4 101.3
90.4
94.2
92.6
86.8
79.2
50.9
51.5
53.0
51.4
48.5
9 _ _ _ . . . 425.2
16. — - 423.8
23.... . 423.6
30— 425.5
124.4
124.0
123.3
123.4
16.8
16.7
16.7
17.8
5.4
5.4
5.6
5.5
43.7
43.5
43.3
43.2
235.0
234.2
234.8
235.5
362.2
362.6
358.6
353.6
i 119.3
123.3
117.7
118.6
52.4
49.0
49.9
46.6
29.9
29.8
28.9
28.0
60.0
60.8
63.2
66.4
43.3
43.8
42.9
42.3
57.4
55.9
55.9
51.7
393.8
387.9
386.9
381.1
163.6
163.3
162.3
159.9
102.3
102.1
103.7
102.3
81.3
76.3
77.5
76.3
46.6
46.2
43.4
42.6
123.2
123.2
122.6
121.3
121.2
18.2
5.7
18.3
5.6
18.1 * 5.9
5.9
18.0
18.0
6.1
42 9
43.0
42.9
42.4
42.2
236 0
236.8
238.2
236.8
236.6
343.2
348.1
341.7
348.0
348.0
109.2
110.1
105.6
106.1
104.9
45.5
47.6
48.8
50.1
47.3
27.7
27.3
27.8
27.1
27.7
66.1
69.1
68.3
70.5
73.3
42.5
42.4
41.3
41.9
42.0
52.2
51.6
49.9
52.2
52.9
379.9 158.7 103.3
378.7 i 162.1 96.9
375.8 165.3 90.7
368.1 162.3 88.0
365.0 161.7 86.6
76.2
78.1
77.9
77.4
76.8
41.7
41.6
41.9
40.4
39.8
4,0.1
88.9
39.1
38.1
1941— Jan. 8.™..
Jan: 1 5 _ _ _ _ _
Jan. 22
.
Jan. 29.. = -..
July
July
July
July
9.9
Aug. 6
Aug. 13
Aug. 20...—
Aug. 27. ._
Sept. 3.....
426.0
426.8
427.7
424,5
424.2
Sept. 10...
Sept. 17..Sept. 24....
Oct. l.__...
424.8 120.0
426.5 120.9
436.0 120.6
451.9 .120.9
19.1
19.0
19.1
18.8
6.0
6.0
5.9
5.9
42.1
42.1
51.6
66.1
237.6
238.5
238,7
240.2
339.3
326.5
329.4
326.8
106.6
99.7
101.0
98.8
42.3
39.2
39.2
37.5
26.8
26.3
25.2
26.0
72.2
72.3
72.7
74.0
42.0
41.5
40.8
41.4
49.5
47.5
50.5
49.1
362.5
356.9
357.6
355.1
158 7 §7.0
157.9 83.7
156.5 i §6.4
151.6 00.0
76.7
76.5
75.5
75.4
Oct.
Oct.
Oct.
Oct.
8... .
15.—
22.. „
29.....
451.0
450.5
449.9
449.7
120.5
119.9
120.0
119.8
18.8
18.8
18.7
18.7
5.9
5.9
5.8
5.9
65.8
65.9
65,7
65.5
240.0
240.0
239.7
239.7
327.3
325.7
328.4
323.5
99.7
97.7
96.6
93.5
37.7
37.1
38.2
37.5
25.4
26.7
30.4
30.1
74.8
74.4
75.5'
73.8
41.1
40.0
40.5
41.2
48.7
49.7
47.3
47.4
359.1
350.2
34§.S
345.2
153.0
148.7
148.2
145.6
90.9
89.6
89.1 I
SS.8
77.0 3B.8
73.3 36.6
75.4 I 35.9
75.1 33.6
Nov. 5 _ . , _ _ _
Nov. 12- _ —
Nov. 19....
Nov. 26
Dec. 3—
448.5
445.2
445.2
443.6
442.0
120.1
119.8
119.5
119.5
119.8
18.5
18.5
18.5
18.5
18.3
5.9
5.6
5.6
5.5
5.5
65.5
65.4
65.4
65.3
65.0
238.4
235.9
236.1
234.8
233.5
330.3
320.4
316.3
320.4
322.0
91.2
92.3
87.4
87.4
87.9
45,0
39.8
42.8
43.3
41.3
32.0
30:2
29.4
29.7
30.2
74.0
73.5
74.1
73.5
74.0
38.0
38.9
39.9
39.9
41.4
50.0
45.7
42.7
46.6
47.2
346.7
342.7
336.6
333.2
333.1
146.2
142.5
139.4
136.1
133.6
88.4
89.6
90.0
91.3
92.0
76.8
74.1
71.9
71.8
71.5
3,1.3
3D. 5
35.3
34.0
36.1
Dec. 10..... 440.2
Dec. 17_.__ _ 418.1
Dec. 24—.. 417.4
Dec. 31..... 417.0
118.1
118.1
117.8
117.3
18.3
18.3
18.3
18.1
5.5
5.5
5.5
5.7
65.3
65.3
64.9
65.2
232.9
210.9
210.9
210.7
314.4
300.6
292.7
295.9
84.9
77.9
73.7
75.7
40.9
44.8
46.1
50.5
30.1
30.8
28.1
27.3
72.3
64.3
64.7
82.5
41.6
40.0
39.7
37.7
44.7
42.8
40.3
42.1
329.5
328.3
325.8
319.0
131.8 91.6 j
129.9 \ 90.6
129.1 89.9
156. S 61.6
69.8
69.8
69.8
60.9
36.4
38.1
37.1
30.7
t
Certain of the figures for May 7, 1941, and succeeding weeks are not strictly comparable with the corresponding figures for weeks preceding
May 75 owing to a change in reporting practice of one bank. Figures adjusted to the basis employed in previous weeks are also shown.
1
INTERNATIONAL FINANCIAL STATISTICS
585
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
ASSETS i
[Reported by banks in New York City. In millions of dollars]
Total
United
Kingdom
France
Netherlands
Switzerland
1,361,9
1,388.8
1,300.9
1,298.9
222.4
210.4
180.8
179.5
47.5
58,0
53.5
56.7
49.7
47.4
50.1
43.3
6.7
5.7
4.9
4.6
542 0
508 8
496.3
495 8
26 2
26.9
21.9
20.2
197
190
208
205
5
6
1
1
1 092 0
1 047 7
1,015 6
1 005 3
1,282.3
July 15
1,274.9
July 22 ,
July 29., _ _ 1,239.9
145.6
146.5
134.2
51.0
50.5
47.5
39.3
37.4
37.4
6.8
3.7
3.2
534 8
534.3
525.2
18.6
19.2
16.6
189 9
190 1
189.6
985 9
981 6
953 7
Aug. 5..
Aug. 12
Aug. 19.
Aug. 26
Sept. 2
1,250.6
1,254.9
1,251.0
1,271.2
1,287.0
129.0
152.3
173.6
222.0
236.0
41.0
39.0
34.4
33.1
33.7
35.9
34.6
33.0
31.4
29.2
13.5
13.4
13.4
13.5
13.8
526.3
518 9
511.6
501.9
506 9
16.1
15.5
15.3
15.3
16.0
191.0
185 5
175 0
177.5
171 9 1
952 7
959 1
956 3
994.7
007 6
Sept. 9
Sept. 16
Sept. 23
Sept. 30
1,290.4
1,259.4
1,196.9
1,205.7
256.3
248.3
194.1
198.6
31.7
29.8
29.6
34.2
29.5
27.9
26.5
24.8
12.8
10.8
11.8
12.5
500 5
495.7
492.6
483.0
14.5
14.6
15.4
15.2
Oct. 7..
Oct. 14
Oct. 21.
Oct. 28_
1,250.6
1,314.0
1,323.4
1,340.1
196.3
209.3
216.8
232.9
75.4
116.8
127.5
113.3
24.7
25.7
25.4
25.5
12.5
15.4
15.2
15.7
484.4
488.6
478.8
484.9
Nov. 4
Nov. 11
Nov. 18
Nov. 25
Dec. 2__
1,288.8
1,194.9
1,172.2
1,153.2
1,150.9
188.1
179.7
174.4
173.4
177.6
99.1
35.2
33.8
33.0
31.2
23.4
23.8
23.7
23.9
22.4
14.7
14.2
14.5
14.0
11.8
Dec. 9
Dec. 16.
Dec. 23
Dec. 30.
1,151.5
1,134.7
1,131.5
1,103.3
179.8
170.9
172.7
166.2
32 0
32.4
32.6
29.5
21 7
20.8
20 7
20.9
1932 Jan. 6
Jan. 13
Jan. 20.
Jan. 27
Feb. 3
1 110.1
1,100.2
„ 1,092.0
1,073.4
1,076.4
169.0
165.4
170.9
162.0
164.4
32 7
32.9
35.0
35.3
34 1
Feb. 10
Feb. 17.
Feb. 24
Mar. 2.
1,096.3
1,097.7
1,0 7.8
1,104.3
158.1
162.3
174.8
181.3
Mar. 9_
Mar. 16
Mar. 23
Mar. 30
1,035.7
1,008.6
1,011.1
989.8
Apr. 6
Apr. 13..
Apr. 20
Apr. 27
May 4
May 11
May 1 8 _ _ _ _ _ _
May 25.... „
June 1
Date
1931— Mar. 31
Apr. 30.
May 31.
June 30
Germany
Italy
Hun- Other
Total
Austria2 gary^ Europe Europe
Canada
Latin
America
Far
East
All
other
32
56
45
51
193
243
197
203
39 2
oo n
8
1
6
8
8
9
7
5
38 8
35 0
4
7
3
3
60 4
60 0
56 3
195 5
193 '1
188 2
37 2
37 2
38 7
34
3 0
31
67
70
68
74
74
0
0
9
8
9
186 4
184 5
178 0
161.9
158 5
41
38
44
36
41
3
2
6
9
9
3
3
3
2
4
2
2
1
8
1
171 3 1 016 5
166.6
993 8
165.2
935.2
937 2
169 0
75 9
74 5
74.1
68 5
157 0
151.6
151.1
157 0
37
36
33
40
e
8
7
9
3
2
2
2
5
6
7
2
16.5
15.9
17.6
17.3
168.9
978 6
171.4 1,042.9
170 0 1,051 3
170.5 1,060.2
67 4
67.1
66 4
65 6
156 3
150.9
148 8
149.3
45
50
54
62
6
5
3
5
2
2
2
2
8
5
5
5
482.3
480.5
480.9
475 8
474.7
16.4
16.7
17.1
16.4
18.5
167.4
161 3
160.9
158 J
156.0
991.3
911 3
905.4
894 7
892.2
63
63
61
62
61
0
1
8
1
6
148.9
147 5
142.5
141 2
141.0
83
70
60
52
53
1
5
0
8
3
2
2
2
2
2
5
4
6
4
8
11 8
12.1
12.6
12.6
474 3
469.4
472 6
467.2
19,1
20.6
19.1
18.7
153 6
151.7
150 5
149.2
892
878
880
864
61
61
59
58
1
7
7
1
140 7
135.8
139 2
136 5
54
57
49
41
6
3
7
8
2
2
2
2
7
0
2
6
17 5
18.7
18.4
18.0
18 9
12 2
12.1
12.6
14.5
12.3
466 3
466.1
466.4
468.2
468 3
18.5
18.1
17.6
18.0
18.1
147 2
141.9
139.0
130.3
136 0
863 4
855 1
859.9
846.3
852 1
67 0
67 3
65.6
64 6
64 3
136 5
135.6
126.5
124.9
122 7
40 8
39 2
37,4
35 2
34 8
2
3
2
2
2
4
0
6
5
5
35.2
40.2
41.0
36.6
17.3
17.1
17.3
17.7
11.6
11.8
12.2
11.4
474 0
471.0
468.7
470.2
17.9
17.8
17.4
17.5
25.8
26.7
35.9
36.7
133.3
134.1
66.3
66.1
847 4
854.2
859.4
864.2
64 3
64.0
62.6
62.3
146.9
146.0
148.0
147.4
35 3
30.8
25.6
28.1
2 5
2 6
2.2
2 2
121.0
108.5
111.1
92.0
35.4
32.9
34.8
34.5
17.9
14.5
14.3
15.1
11.3
10.9
9.2
9.3
466.3
466 6
466.8
466.6
17.2
15.6
15.8
15.2
27.4
27.2
27.3
27.3
36.0
36.2
35.1
34.1
66.3
62.4
63.2
60.4
798.8
774 5
777.6
754.4
59.1
58 9
57.7
52.6
148.1
145 3
146.8
152.8
27.3
27 5
25.9
26.8
2
2
3
3
967.3
982.1
966.8
945.1
87.7
80.8
73.8
32 5
42.4
39.3
34.6
15 1
15.1
15.8
14.2
9 1
9.4
9.4
8.3
467 1
464.8
464.9
464.1
15 6
15.5
14.7
14.2
26 8
26.9
26.8
26.8
34 7
34.1
33.7
33.7
59 9
59.5
58.8
57.6
743 2
755 5
744.2
727.3
48 0
47 8
47. ,6
47.2
145 5
147 6
146.6
145.0
26 9
27 5
24.6
22.2
959 8
968.9
962.0
963.2
979 4
85 8
92.1
90.6
92.2
108 7
38 3
35.7
37.1
41.5
53 6
13.8
17.5
16.0
16.4
15 4
8.3
7.5
7.6
7.8
6 3
461 7
461.8
461.2
460.2
456 7
14 0
14.1
14.1
13.5
12 7
26 9
26.9
26.7
26.2
26 2
33 6
34.8
34.7
34.8
34 7
58 8
58.6
57.2
55.9
50 9
741 1
748.8
745.2
748.5
765 1
47 1
47.3
45.4
44.0
41 3
145 8
145.6
145.1
144.8
145 9
22 1
23.6
22.1
21.5
23 3
36
3 7
3.8
3.4
3g
3.7
4.3
4.5
37
June 8.
1,011.6
June 15.
1,001.0
J u n e 2 2 _ _ _ _ _ _ 942.7
June 29
918.0
110.6
96.0
87.3
79.6
83.8
95.1
47.5
40.7
15.2
13.5
13.3
13.0
6.0
5.9
5.9
5.6
456.7
451.5
450.6
448.8
12.3
12.1
11.6
11.4
26.0
26.4
26.4
25.4
34.8
34.8
34.7
34.8
40.7
49.3
49.1
44.7
795 1
784.6
726.3
704.0
42 3
41.7
40.5
41.4
146 2
147.6
147.2
143,8
24 4
23.8
25.2
25.6
36
3.4
3.4
3.2
893.1
888.7
872.5
864.4
853.9
69.7
67.9
66.6
66.0
57,8
39.5
36.8
35.8
35.2
34.6
12.7
12.4
12.4
12.5
12.5
4.6
5.1
4.9
4.9
5.0
448.4
448.1
437.1
434.6
433.6
8.5
8.4
8.4
8.0
7.9
25.2
25.2
25.1
25.0
25.2
34.8
34.8
34.2
34.8
35.9
42.7
42.7
42.0
40.3
38.8
686 1
681.3
666.6
661.4
651.3
41 3
41.3
41,3
40.4
40.5
138 1
137.7
136.6
136.3
135.0
24 5
25.6
24.9
23.1
25.0
31
2.8
3.1
3.2
2 1
July 6
July 13
July 20
July 27
Aug. 3.
» Not available prior to March 1931.
Included in "other Europe'* prior to February 24, 1932.
2
3
0
8
3
0
9
2
3
5
3
1
3
586
BANKING AND MONETARY STATISTICS
NO. U1-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 192S-JUNE 1931; WEEKLY, JULY 19J1-DECEM3ER 1941-Continued
ASSETS-CMtiiwd
[Reported by banks in New York City. In millions of dollars]
United
Kingdom
France
Netherlands
Switzerland
Germany
844.5
839.6
835.4
843.1
54.1
57.6
57.8
62.0
34.7
31.4
31.3
32.1
12.5
12.0
13.1
12.8
5.1
4.6
5.1
433.1
432.3
432.6
432.6
Sept. 7 1
Sept. 14
Sept. 21.....
Sept. 28
906.9
903.9
903.8
907.5
71.3
73.4
71.0
77.1
28.6
27.4
28.1
28.9
12.6
12.7
12,3
12.3
5.0
5.3
5.0
5.0
Oct. 5.
Oct. 12 _
Oct. 19
Oct. 26.. ...
Nov. 2
906.3
922.1
920.2
924.5
941.2
73.9
80.9
81.1
79.7
89.6
31.0
32.4
31.0
33.6
35.8
11.7
12.5
11.6
11.5
12.2
4.9
5.0
5.2
5,3
Nov. 9.. ...
Nov. 16
Nov. 23
Nov. 30 . ..
938.8
948.8
940.7
950.5
89.3
96.1
95,6
102.9
38.6
'41.6
44.2
49.5
12.1
13.0
13.0
13.1
5.4
5.6
5.7
93,7.9
922.9
940.0
937.9
949.4
91.0
85.2
88.3
87.3
89.4
52.6
46.7
57.8
62.9
67.6
13.0
14.0
14.5
13.0
14.2
Jan. 11
Jan. 18... .
Jan. 25
Feb. 1
964.2
969,1
978.6
962.2
98.8
101.6
113,4
105.6
71.8
62.9
56. 156.9
Feb. 8
Feb. 15
Feb. 22
Mar. 1. . ...
980.9
976.4
979.1
994.7
118.2
114.1
115.8
99.0
Mar. 8
1,042.6
992.1
Mar. 15
Mar. 22 „ .. 962.9
Mar. 29
052.8
Date
1932— Aug. 10
Aug. 17
Aug. 24
Aug. 31
Total
..
Dec. 7
Dec. 14
Dec. 21..
Dec. 28
1633— Jan. 4.
Austria
Hungary
Other
Europe
Total
Europe
Canada
Latin
America
Far
East
All
other
7.6
7.2
6.9
6.7
25.2
25.2
25.0
24.7
35.9
35.9
35.9
35.9
38.4
38.0
36 5
37 4
646.6
644.1
643.9
649.4
39.0
38.0
37 7
37.2
133 5
133.4
131 5
133 2
23.4
22.0
20 0
21.4
2.2
446.3
447.9
448,6
449.0
7.7
7.9
7.2
7.7
25.8
25.9
25.7
25.8
37.8
37.1
37.1
37.1
37 8
38.1
38.8
37.3
672.8
675,7
673.7
680.1
45.8
45.5
46.1
44 8
164 3
160.4
160.7
159.7
20.2
19.7
20.6
19.5
2.7
2.8
448.0
448.8
448.0
448.1
447.8
8.1
8,7
8.7
9.1
9.7
25.7
25.6
25.7
25.8
25 8
37.2
37.2
37.2
37.2
37.3
35.4
36.8
37 1
37.9
37 5
675.9
638.0
685 6
688.2
700 9
46.9
47.7
51 1
51.8
56 1
160.8
161.3
160 6
161.3
160 9
19.3
21.8
19 9
19,8
19 9
446.7
443.7
442.2
441.8
10.3
11.2
11.3
11.4
25.8
25.6
25,6
25,7
37,3
37.3
37.3
37.4
37.3
37.3
36.7
36.6
702.9
711.7
711.3
724.0
52.7
52.3
52.1
51.6
160.6
161.3
154.6
150.9
19.3
19.9
19.2
20.6
6 1
6.0
6.2
6.2
6.4
439.5
437,2
436.2
434.9
433.7
11.4
11.5
11.8
11.8
11.5
25.6
25.5
25.5
24.8
24.7
37.3
37.6
37.6
37.5
37.2
36 6
34 8
34,7
34 7
34.2
713 2
698.4
712.6
713 1
719.0
46 9
45 7
46.6
42 2
43.9
153 3
154.7
154.7
155 2
158.2
21.1
20.7
22.7
24.0
24.8
3
3.
3.
3.5
15.3
15.8
17.8
15.2
6.9
7.5
7.8
433.7
432.6
431.7
431.0
-12.1
12.2
12.7
12.5
24.6
24.6
24.6
24.4
37.3
37.2
37.4
36.5
34.5
34.6
35.4
35 5
735.1
729.0
737.0
725 4
42.0
53.0
52.4
51 5
157.8
160.3
160.3
160 7
25.9
23.3
25.4
21 1
3.5
3.5
3.4
61.6
60.8
60.7
• 86.8
13.9
15.3
13.9
14.2
7 1
12.2
12.3
11.9
11.8
24.5
24.4
24.4
24.3
36.5
36.3
36.5
36.7
36 3
36.6
36.6
37.3
739 7
733.8
732.3
742.3
51 4
50.8
51.1
51.3
161.0
161.1
161.9
163.5
25.3
27.1
30.3
33.2
35
7.1
7.3
7.5
429.5
427.0
425.2
424.7
96.7
95:4
86.1
89.1
122.5
65.3
55.5
51.6
14.9
14.7
14.6
13.6
7.6
7.8
7.7
7.7
420.9
415.8
413.3
413.5
12.1
11.5
11.6
11.0
24.4
24.4
23.9
23.9
36.4
36.4
36.4
36.4
39.0
40.8
38.9
39.2
774.5
712.0
687.9
685.9
51 2
48.1
47.1
46.8
175.0
188.2
187.2
1S2.8
37.9
39.6
36.5
30.9
4.1
4.1
4.3
6.5
4 8
51
5.5
7 7
Italy
2 1
2 3
2 0
2 7
33
34
3.3
3
3,
3
3.
3.
3.
3.
35
35
3.5
3.5
4.4
Apr. 5__
Apr. 12
Apr. 19
Apr. 26
May 3
946.0
941,0
930.9
930.1
936.5
88.4
87.3
95.4
103.6
107.0
47,1
45. 4
45.9
41.8
42.6
13.7
15.2
14.1
13.3
13,7
7.2
7.3
7.6
8.5
8.5
410.2
410.1
392.2
389.8
386.6
11.1
11.0
io;s
10.6
10.5
24.0
23 5
23.8
23 9
23.0
36.3
36.3
36.4
36.5
36.4
38.4
37.6
36.3
37.8
38.0
676.3
673.6
662.5
665.8
667.1
52.0
50 9
52.5
50.9
57.1
179.7
178.5
178,7
175.9
175.5
31.5
33.2
32.0
32.3
32.0
6.6
4.7
5.2
5.2
4.9
May
May
May
May
_
921.0
911.2
915.1
918.3
101.2
99.3
97.5
102.2
39.1
37 ,8
43.4
47.1
13.4
12.4
14.4
15.4
9.3
9.2
8,5
8.7
385.7
38,3.6
383.2
383.2
10.5
10.2
10.7
10.5
23.8
23.5
23.3
23.3
36.5
36,4
36.5
37.4
36.5
36.2
35.6
34.0
656.0
648.5
653.0
661 08
55.4
55 6
54.6
52.6
173.9
173.1
172.7
170.7
30.7
29.0
28.7
27.2
5.1
5.1
6.0
6.1
106.6
114.6
116.0
116.5
47.8
47.2
47.8
48.1
14.7
14.0
13.8
13.1
8.6
8.4
384.8
364.5
348.9
335.7
10.5
10.6
10.6
10.5
23.3
23.2
23.1
22.5
37.3
37.3
37.3
36.7
33.5
33.8
33.8
34.4
667.1
653.6
639.9
626.7
54.3
52.7
50.1
50.0
167.4
169.3
169.3
167,6
26,9
26.7
25.5
25.9
8.9
6.1
_
924.7
908.4
890.8
876.2
July 5
July 12
July 19
July 26
Aug. 2
879.4
866.3
845.5
852.4
846.6
120.8
122.4
118.9
118.7
122.4
48 8
51.9
48.4
51.8
54 5
12 7
14.0
13.8
15.1
14.7
9 3
10.6
10 3
328 8
327.2
326,4
325.9
322,2
10.9
10.8
11.2
11.9
13.1
21 6
22.0
22.4
22.3
22.3
36 1
35.1
34.8
34.8
34.8
34 7
35.0
36.2
35.8
36.2
623.6
628.1
622.1
626.8
630.4
55 2
41.8
34.2
36.3
30.0
168.9
167.0
161.1
161.9
159.6
25.1
22.6 I
18.4
-20.3 i
19.4
6.6
9.6
9.9
Aug.
Aug.
Aug.
Aug.
9
16
23
30
843.1
839,3
844,8
843.6
124.0
124.6
127.3
129.3
53.6
54.0
56.3
55,8
14.4
14.0
15.1
14.0
10.1
9.6
9.4
9.4
319.3
316.4
314.6
312.3
13.0
12,7
12.9
13.0
21.8 1
22.1
21.7
21.1
34.8
34.4
34.3
34.3
36.5
34.8
35.0
35.8
627.4
622.5
626.6
625.0
29.5
28.9
27.9
27.5
160.0
160.1
161.9
161.5
18.8
20.4
21.2 '
22.4
7.4
Sept; 6
Sept. 13
Sept. 20
Sept. 27
836,6
837.5
861.2
843.4
124.8
127.8
- 144.6
138.6
56'. 5
57.5
58.1
57.8
13.7
14.0
14.9
15.0
9.5
9.4
9.1
9.5
309.1
306.9
305,6
302.0
12.9
13.0
13.5
13.9
21.2
21.0
20.9
20.9
34.2
34.0
33.9
33.1
35!6
35.0
34.5
31.0
617.6
618,7
634.4
621.8
27.6
26.3
32.5
29.5
162.3
160.1
159.2
156.4
21.6
7.5
7.3
7.2
7.8
10
17
24
31
June 7June 14
June 21
June 28
8.6
9.1
2?:9
27.9
6.0
6.0
6.8
9.7
7.0
7.2
7.4
7.3
7.2
1
It is estimated that changes in the number of reporting banks and revision of instructions resulted in an increase in total assets of about
55 million dollars between August 31 and September 7, 1932.
INTERNATIONAL FINANCIAL STATISTICS
587
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
ASSETS-Continiwd
[Reported by banks in New York City.
In millions of dollars]
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Austria
Hungary
Other
Europe
Total
Europe
855.5
841.4
844.5
845.2
864.9
147.8
136.5
140.2
145.2
159.6
60.3
58.9
62.1
60.0
62.5
14.6
13.5
13.7
13.8
16.6
9.5
9.2
9.5
10.1
10.0
297.9
296.5
294.2
287.2
282.8
13.8
13.7
13.8
13.5
14.6
20.6
20.5
20.5
20.2
20.0
32.4
32.0
31.8
31.2
31.2
31.0
31,3
32.4
33.3
32.4
627.9
612.1
618.3
614.5
629.6
867,0
Nov. 8
Nov. 15 . _. 867.7
871.0
Nov. 22
898.8
Nov. 29
160.4
169.1
173.2
177.2
65.6
63.4
62.2
68.7
16.0
•17.6
19.9
19.7
10.5
11.4
11.8
11.7
281.2
279.6
273.2
267.6
15.3
14.9
15.6
15.9
20.0
19.9
19.3
19.5
31.1
31.0
30.8
30.5
31.5
32.3
32.7
33.7
Dec. 6 .. ..
Dec 13
Dec. 20
Dec. 27
ig34— jan. 3
908.4
903,5
897.5
898.8
907.1
187,7
193.3
192.0
192.5
197.9
69.3
70.9
67.4
66.9
65.0
18.4
18.0
18.8
18.4
18.1
11.5
11.9
12.3
12.3
12.5
267.8
264.9
263.2
260.9
258.1
16.3
16.8
17.0
16.7
16.8
19.4
19.2
18.8
18.8
18.9
30.5
30.3
30.3
30.1
30.0
Jan. 10__
Jan. 17
Jan. 24
Jan. 31. . -
899.4
897.3
897.6
905.1
202.7
202.3
198.5
205.7
61.2
60.0
64.2
63.5
18.0
18.2
19.0
19.2
11.5
12.4
12.5
12.7
256.5
253,9
253.9
252,8
16.8
16.8
17.6
17.8
16.8
16.5
16.8
16.8
Feb. 7
Feb. 14
Feb. 21
Feb 28
935.6
940.8
915.8
862.0
202.8
210.4
200.7
177.3
79.2
80.8
65.9
56.3
34.4
40.7
47.8
28.1
14.9
15.9
15.2
16.2
251.7
252,9
249.8
248.7
18.0
16.9
16.3
16.8
Mar.
Mar.
Mar.
Mar.
7__
14
21.
28
807.7
805.0
802.1
802.9
154.3
162.3
169.2
175.4
47.0
41.9
39.5
40.7
20.0
20.1
20.1
24.0
12.2
12.9
12.2
11.9
246,0
245.5
244.0
240.2
Apr. 4
Apr. 11
Apr. 18
Apr. 25
May 2 ... „
791.5
783.8
776.4
775.2
778.6
173.6
172.8
170.8
179.1
185.0
40.7
38.9
38.5
37.5
38.0
24.1
23.7
23.4
20.6
19.8
11,4
11.1
10.8
11.1
11.0
May
May
May
May
776.1
779.1
771.6
773.2
192.8
196.5
200.2
201.9
36.2
41.0
39.8
43.2
19.0
18.5
17.7
17.4
June 6
June 13
June 20
June 27
July 4
778.6
768.3
773.9
772.3
770.4
206.7
203.2
208.5
205.9
204.2
50.6
48.8
50.4
55.4
57.0
July 11
July 18
July 25. _ .
Aug. 1
758.1
757.4
747.8
768.4
199.0
198.6
194.2
210.1
Aug. 8
Aug. 15
Aug. 22.
Aug. 29
766.9
760.7
768.3
772.1
Sept. 5
Sept. 12
Sept. 19
Sept. 26
Oct. 3
Oct.
Oct.
Oct,
Oct.
Date
1933— Get 4
Oct. 11
Oct. 18
Oct 25
Nov. 1
Nov.
Nov.
Nov.
Nov.
_
9
16 ..
23
30
10
17
24
31
7
14.—.,
21
28
Canada
Latin
America
Far
East
AH
other
37.0
38.7
35.5
34.9
35.9
155.1
154.7
153.8
156.9
156,4
29.8
30.2
31.1
32.6
36.7
58
5.8
5.9
6 2
6.3
631.5
639.1
638.8
644.5
33.6
28.3
27.6
44.7
158.6
155.4
159.0
160,7
36.8
37.9
39.1
42.4
6.5
7.0
6.5
6.5
33.3
34.0
34.6
34.3
35.0
654.3
659.3
654.4
651.0
652.3
43.1
30.6
30.5
32.3
34,7
159.2
159.7
157,9
159.7
159.2
45.2
47.8
48.6
49.7
54.6
6.6
6.1
6.1
6.2
6.3
28.5
28.4
28.4
28.3
35.9
36.7
37.1
38.7
647.8
645.2
648.0
655.4
33.8
30.5
29.0
28.8
156.6
156.4
157.6
156.2
54.6
58.7
56.2
57.4
6.6
6.5
6.8
7.2
16.7
16.9
16.6
16.8
28.1
27.9
27.7
27.5
37.9
36.6
36.0
36.0
683.6
699.1
676.1
623.7
28.6
25.9
26.3
26.4
156.0
149.7
150.4
149.6
59.9
58.4
55.8
55.0
7.5
7.7
7.3
7.3
16.6
16.5
16.1
16.7
16.5
16.4
15.6
14.9
27.5
27.5
26.9
26,8
33.5
33.3
34.0
34.0
573.4
576.4
577.5
584.6
28.2
27.1
29.3
29.0
148.1
146.3
143.8
142.4
49.6
46.9
43.2
38.5
8.3
8.
8.
8.
239.7
239.5
237.5
236.3
232.2
17.7
18.9
18.6
18.0
17.0
14.5
14.5
14.3
14.2
13.8
26.5
26.3
26.4
25,9
25.3
33.5
33.6
32.8
31.7
32.3
581.5
579.3
573.0
574.4
574.3
30.1
29.7
30.4
31. J
33.2 -
137.1
135.9
135.6
133.7
133.1
34.1
30.4
29.0
27.7
30.8
8.
8.
8.
8.
7.
10.5
10.0
9.6
9.6
230.7
229.2
228.2
225.4
16.6
15.9
14.9
14.4
12.5
12.2
11.5
11.5
24.9
24.9
24.5
24,4
33.4
32.8
32.2
33.4
576.6
581.0
578.7
581.1
33.7
33.7
31.4
30.0
131.8
131.3
131.3
133.7
26.6
26.3
23.4
21.5
7.5
6.8
6.9
6.9
17.2
17.9
18.2
17.3
15.2
10.1
9 5
9.1
9 0
8.7
221.5
220.6
220.0
217.7
216.4
13.2
12 7
12.2
11 7
11.2
11.0
10.9
10.6
10.3
9.9
24.3
24.0
23.9
23.9
23 3
33.6
32.7
31.4
32.0
31.2
588.2
580.3
584.3
583.1
577.1
29.9
29.0
28.9
28.2
31.9
128.4
127.3
127.8
128.9
129.4
25.4
24.8
25.9
25.4
27.4
6.7
7,0
7.0
6.8
4.6
55.7
58.3
62.9
70.9
14.6
15.1
15.2
13.5
8.4
8.0
8.0
8.1
215.4
212.4
209.2
206.0
10.8
9.7
9.1
86
9.8
9.6
9.6
8.9
23.6
23.6
23.4
23.4
32.2
31.2
30.1
30.1
569.4
566.5
561.5
579.7
30.2
27.0
24.5
27.0
128,0
134.3
133.4
131.1
26.9
26.2
25.5
27.1
3.6
3.4
2,9
'3.4
212.6
219.4
221.4
221.6
65.6
56.2
56.4
61.7
13.5
14.4
15.6
15.5
7.9
8.4
8.5
8.5
203.7
199.5
196.8
192.8
88
8.5
8.4
8.1
8.9
8.9
8.8
8.6
23.4
23.3
22.2
22.0
29.8
29.6
30.6
30.2
574.1
568.2
568.7
569.0
31.9
32.1
32.2
35.0
130.6
129.7
136.3
138.0
27.0
27.6
28.4
27.2
3.4
3.1
2.7
2.9
829.0
833.9
827.1
841.2
854.2
227.6
224.4
225.3
237.7
238.1
6t.9
68.9
67.1
66.8
74.7
15.1
17.3
16.9
17.0
17.2
8.7
8.1
7.4
6.7
6.8
191.1
189.1
188.1
186.9
185.5
8.2
8.4
7.9
8.2
8.6
8.6
8.6
8.6
8.4
7.8
21.9
21.9
21.7
21,6
21.2
31.4
33.2
33.3
32.6
33.9
580.5
579.9
576.1
585.9
593.7
79.4
80.9
77.9
79.2
79.6
136.9
139.7
138.2
138.9
139.5
29.0
30.1
31.6
34.1
38.2
3.2
3.2
3.2
3.1
3.1
860,1
858 . 1 '
848.3
848.7
240.6
247.4
242.1
233.5
77,8
79.7
79.6
85.7
17.0
16.1
16.0
16.9
6.3
65
6.5
7.2
184.6
183.6
182.0
181.2
8.9
8.9
9.2
9.6
7.8
•7.5
7.7
7.0
21.2
21.1
20.9
20.9
32.2
31.9
33.2
32.1
596.4
602.7
597.1
594.0
80.1
80.9
80.4
83.4
141.1
129.9
128,5
126.6
39.6
41.6
39.4
41.7
2.9
3.0
2.8
3.0
865.3
864.0
849.4
827.1
230.4
213.3
209.7
201.3
96.4
99.3
92.5
94.1
15.9
15.4
18.2
15.9
7.0
7.1
7.4
8.5
180.6
180.9
179.6
178.8
10.0
10.3
11.2
10.7
6.9
6.9
6.9
6'.8
20.8
20.8
20.6
20.5
34.4
46.9
40.9
32.9
602.3
601.0
586.8
569.5
83.4
84.2
86.8
84.4
127.4
126.4
123.5
124.4
49.2
49.6
49.4
46.2
3.0
•2.8
2.8
2.6
•
BANKING AND MONETARY STATISTICS
588
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
flSSETS-Continysd
[Reported by banks in United States. In millions of dollars]
Total
Date
United
Kingdom
France
Nethla*nda
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Far
East
All
other
1934— Dec. 5
Dec. 12
Dec. 19
Dec. 26
1935— Jan. 2
,137.8
,147.9
,148.7
,132.6
,139.9
266.4
282.3
284.1
281.8
296.9
108.2
95.9
99.1
85.7
80.5
19.2
19.5
17.5
17.6
18,6
8.3
8.6
8.6
8.3
8.2
239.6
238.1
237.2
233.6
231.7
26.5
26.7
27.6
29.7
27.2
181.3
80.6
80.9
81.0
80.0
749.5
751.7 j
755.0
737.6
743.2
91.2
92.8
92.5
94.0
96.3
170.7
177.8
176.6
175.2
174,6
118.1
117.5
116.1
117.8
117 4
83
8.0
8.5
8.0
85
Jan. 9
Jan. 16
Jan 23
Jan, 30
,141.0
,122.0
,079.7
,105.9
303.9
298.3
282.0
285.6
75.4
69.3
58.8
68.1
19.2
19.8
21.5
18.9
8.8
8.6
7.7
7.4
231.5
230.2
220.0
229.0
27.7
27.3
27.3
25.8
80.8
79.7
78.0
79.7
747.4
733.0
695.3
714.5
98.7
98.4
96 6
100.9
174 9
175.9
176 4
176.8
111.0
106.2
102 8
104.9
9
8
8
8
Feb. 6.
Feb. 13
Feb. 20
Feb. 27
,057.7
,037.0
,028.9
,018.7
268.2
259.9
247.7
237.5
54.0
55.7
52.4
53.6
16.5
14.9
14.7
15.2
6.6
6.3
5.9
6.1
227.1
222.8
229.0
227.0
27.1
25.8
25.1
25.8
78.2
76.7
77.6
76.4
677.6
662.1
652.4
641.5
100.6
99.7
100 7
101.5
171.9
170.2
170.2
170.3
98.5
95.6
96.1
95.7
9 1
9,3
9 6
9 6
Mar. 6
1,011.1
990.9
Mar. 13
974.7
Mar. 20
Mar. 27.... . 962.5
984.9
Apr. 3
227.8
219.7
204.5
192.2
188.9
53.9
50.2
53.6
53.9
71.1
15.3
14.6
14.2
14,6
21.4
5.9
6.0
6.1
5.7
5.4
227.3
227.2
225.5
226.5
225.4
25.2
25.2
24.5
23.2
24.3
78.1
77.5
76.2
75.7
76.1
633.5
620.3
604.6
591.6
812 7
100.0
99.2
98.6
100.8
101 0
168.6
168.5
169.3
169,9
169 3
99.4
93.4
92.8
90.3
92 0
9 6
9.5
9.4
10.0
9 9
Apr. 10
Apr. 17
Apr. 24
May 1
951.5
933.2
896.3
908.5
160.9
153.7
132.0
139.0
54.6
4S.8.
50.8
48.3
38.0
30.7
16.0
13.6
6.1
5.7
6.0
5.4
224.3
223.0
222.4
222.0
24.1
24.9
24.4
24.9
78.3
76 4
76,1
76.3
586
563
527
529
4
0
7
4
96 9
102 4
102 1
104.8
168.7
168 2
167 9
169.9
89.5
89 9
89 2
94.7
10 0
9 7
95
9.8
May8
May 15
May 22
May 29
898.1
895.7
916.2
971.9
134.0
122.0
112.3
110.8
48.0
61.8
92.2
150.9
15.6
15.2
15.0
13.6
5.0
5.0
5.1
4.7
220.7
218.6
219.1
218.6
23.8
23.6
22.6
22.8
76.1
75.2
75.4
76.5
523.2
521.4
541.7
597.9
104 5
103.4
103.8
103.4
169.3
169.7
170.0
171,3
91.5
91.4
91.5
89.9
9.8
9.9
9.2
9.4
June 5
June 12., „
June 19
June 26
JulyS
930.1
851.7
833.9
829.2
827.1
104.8
100.5
87.6
88.8
84.8
115.0
44.1
34.5
32.0
31.5
15.9
13.4
13.7
13.4
13.3
4.2
4.3
6.7
6.3
7.8
216.6
218.3
216.5
213.8
213.7
23.6
24.3
24.8
24.6
24.1
76.1
78.7
78.7
79.1
77.3
556 1
483.6
462 5
457.9
452 5
104 3
103.2 j
107 8
108.2
113 0
171 4
167.7
166 6
165.0 j
166 1
89.0
88.0
87.9
88.8
86.0
9.3
9.2
9.1
9.3
9 5
July 10 . ,
July 17
July 24_ .
July 31
821.0
807.4
801.7
804.4
82.7
77.0
81.9
85.3
28.7
28.6
27.4
28.2
13.5
13.1
12.5
22.3
8.9
9.5
8.6
8.6
212.7
210.9
208.8
205.4
23.9
24.6
24.9
24.5
76.9
75.3
74.0
74 4
447.4
439.1
438.2
448 7
115.9
115.3
116.4
112 7
164.4
163.2
160.9
161 0
84.0
80.6
76.9
72.8 |
9.2
9\2
9.3
9 2
Aug.
Aug.
Aug.
Aug.
795.5
799.3
785.1 !
779.9
81,2
89.4
83.5
85.8
26.3
26.7
25,4
26.7
20.4
13.7
14.3
11.9
8.6
8.3
8.7
8.8
203.7
203.1
202.8
202.3
23.1
24.6
24.1
24.5
73.3
72.8
70.7
70.0
436 6
438.8
429.6 j
430,0
118 3
119.5
115.4
114.4
158.4
160.0
157.9
153.8
73.2 !
71.8 |
72.2
72.5
9.1
9.1
9.9
9.2
Sept. 4 ...
Sept, 11_
Sept, 18 ...
Sept. 2 5 _ _ _ _ _
Oct. 2.. ..
743.7
743.2
749.9
765.2
751.3
88.0
88.1
87.1
87.3
88.1
26.6
31.5
37.6
62.7
48.9
12.2
13.0
20.1
16.5
12.5
8.6
8.4
7.9
7.8
7.9
202.0
201.5
200.6
199.9
200.8
23.4
23.0
22.0
21.0
20.7
66.9
66.8
65.3
65.9
'64.3
427.6
432.4
440.5
461.0
443.1
80.6
81.9
81.6
77.9
78 1
155 3 I
154.4 j
154.2 [
153.0
154 4
71.0
65.3
64.2
64.3
66.7
9,3
9.2
9.4
9.1
8^9
Oct. 9.
Oct. 16
Oct. 23,
Oct. 30
767.1
746.3
750.4
747.2
90.7
92.2
87.8
98.3
64.0
44.9
54.2
38.9
12.6
12.9
13.5
13.5
7.5
6.7
7.2
7.0
200.8
201.2
201.4
200.9
19.9
17.7
17.3
17.1
64.5
65.5
63.8
65.0
459.9
441 2
445.3
440 7
78.7
80 2
81.4
82 8
154.0
151 3
150.1
149 6
66,0
65.0
65,1
65 6
8.5
86
8.4
85
Nov.
Nov.
Nov.
Nov.
6,,
13
20
27
753.0
768.6
777.7
846.8
92.5
98.3
97.9
100.8
48.5
52.4
55.1
116.0
14.2
15.2
15.7
15.8
6.5
7.0
7.8
7.5
200.7
201.2
201.7
202.4
16.5
17.4
14.8
14.8
65.5
67.2
67.7
69.4
444.4
458.8
460.7
526.6
82.1
81.2
84.7
83.1
150.0
150.3
150.5
150.4
67.8
69.6
72.2
76.6
8.8
8.9
§,6
10.2
Dec. 4
Dec. 11.
Dec. 18..
Dec. 25.
1936— Jan. 1
809.6
789.8
785.0
783.5
778.6
98.1
100.6
94.2
93.6
88.1
62.1
39.2
32.9
32.7
32.5
14.5
15.1
16.8
16.7
19.0
7.7
7.2
7.4
7.4
6.6
202.7
201.5
203.5
202.8
202.0
13.9
13.9
14.0
13.5
13.5
71.2
69.8
71.5
71.7
71 2
470 2
447.2
440.3
438.2
433 0
103 2
105.9
103.4
100.2
100 9
150 2
150.6
149.8
151.4
154 5
75 9
76.2
81.6
83.7
80 1
10,1
9.8
9.9
10.1
10.1
Jan. 8
Jan. 15
Jan. 22
Jan. 29
746 6
749.5
752.8
757.6
93.1
91.1
90.3
92.6
28.9
31.3
31.1
29.8
19.2
20.1
20.0
20.4
6.6
6.6
6.6
6.6
203.3
202.5
201.7
201.1
13 6
14.1
12.9
12.8
70 0
71.6
70.9
71.3
434 7
437.3
433.6
434.6
63 8
69.0
72.7
75.6
155 2
155.3
155.6
155.7
83 1
78.4
81.0 ,
81.9
98
9.6
9.8
9.9
Feb. 5
Feb. 12
Feb. 19
Feb. 26
752.5
747.6
739.5
732.7
87.3
84.3
81.4
81.6
29.1
30.4
31.7
31.0
18.0
17.9
17.6
15.9
6.0
6.2
6.0
5.9
200.7
200.8
200.8
200.4
13 1
12.9
12.6
12 A
71 1
69.7
67.3
65.9
425 3
422.3
417.4
413.1
77 2
7§.4
74.0
72.8
156 5
156.2
155.4
155.4
83 1
82.2
82.0
80.9
10 4
10.5
10.7
10.5
81.0
27.7
18.9
5.5
200.1
13.2
28.2
20.5
5.4
199.3
13.3
85.9
22.6
5.4
198.4
85.4
26.8
13.0
5.4
82.7
26.5
22.9
198.6
12.6
5.5
196.9
93.6
28.8
23. 0 /
13.1
Austria and Hungary beginning December 5, 1934.
65.9
65.3
65.0
64.8
64.3
412.2
417.9
416.6
413.5
425.3
72.6
73.7
78.2
78.7
78.2
156.7
157.1
156.7
158.7
157.1
SI, 5
78.8
75.3
74.3
78.0
10.3
10.7
10.9
11.2
11.1
1
..
7 .
14.....
21
28
Mar. 4.
733.3
Mar. 11
738.2
Mar. 18... ..
737.6
Mar. 25_
736.3
Apr. 1
_
749.7
"Other Europe" includes
1
1
1
5
5
7
INTERNATIONAL FINANCIAL STATISTICS
589
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE T931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
ASSETS-Ctntinued
[Reported by banks in United States. In millions of dollars]
•V,<,r^
Total
Date
United
Kingdom
' France
Neth- '
erlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Far
East
All
other
1936— Apr. 8
Apr. 15,. ..
Apr. 22
Apr. 29
738.3
735.3
735.8
748.2
83.0
82.8
83.7
91.0
27.7
25.7
25.2
33.0
23.8
24,0
23.8
23.7
5.6
5.6
5.4
5.7
197.3
197.4
198.0
193.8
13.3
13.4
13.5
13.2
63.2
64.1
63.5
62.3
413.8
412.9
413.1
422.7
77.8
73.1
75.6
78.4
156.4
156.4
155.7
156.6
79 4
81.2
79,4
1
78.1
10 9
11.8
11.9
12 4
May 6
May 13
May 20
May 27
June 3
782.5
764.0
722.2
713.6
738.6
90.4
85.7
78.6
78.3
79.7
70.7
58.1
23.5
28.4
51.0
23.4
24.1
23.1
22.4
23.4
5.6
4.5
4.6
4.0
4.5
195.1
195.2
193.5
190.7
190.3
13.6
13.0
13.1
12.9
13.1
62.3
63.5
63.6
62.7
59.3
461.1
444.1
399.9
399.5
421,2
76.9
77.2
81.1
76.7
80.2
155.9
156.0
153.5
150.4
150.6
76.5
75.2
76.1
75.2
74.6
12.1
11.5
11.5
11.8
11.9
June 10
June 17
June 24
July 1
750.5
722.6
691.6
690.9
79.2
83.9
77.3
81.9
70.1
46.7
23.9
23.5
21.9
22.3
21.2
21.4
4.5
4.2
4.5
4.2
190.7
186.5
187.0
186.2
13.1
12.9
12.7
12.8
59.2
56.7
57.8
57.6
438.7
413.3
384.4
387.6
78.7
79.1
78.0
77.8
150.1
146.1
144.0
142,1
71.1
72,8
73.9
72.1
12.0
11.3
11.4
11.4
JulyS
July 15 July 22.
July 29
680.5
674.5
672.4
670.8
81.9
84.9
84.9
88.4
20.4
20.5
20.9
22.9
20.8
19.9
20.1
19.5
4.2
4.1
4.1
4.1
184.4
183.0
181.0
177.6
13.2
12.9
12.3
11.9
57.8
57.1
58.2
56.6
382.8
382.4
381.4
380.9
75.1
74.5
74.6
74.1
139.3
137.9
137.2
137.2
71.9
68.1
67.8
67.6
11.4
11.6
11.3
11.0
Aug. 5- .
Aug. 12
Aug. 12i.._.
Aug. 19
Aug. 26
Sept. 2. .
669.3
671.7
635.9
622.1
618.3
584.6
89.0
88.7
83.9
72.9
75.5
72.9
20.1
24.4
22.6
20.7
21.8
20.5
18.2
20.6
20.6
20.0
21.5
19.8
4.2
4.2
4.1
3.9
4.0
3.9
177.9
176.3
175.8
172.9
171.1
169.2
11.8
11.9
11.9
10.8
10.7
10.6
55.0
54.8
54.6
54.5
52.7
53.4
376.1
380.9
373.4
355.5
357.4
350,3
75.6
75.1
75.1
77.6
74.2
50.6
138.3
136.8
128.2
128.8
129.2
126.3
68,7
68.8
49.0
50.2
46.6
46.8
10.6
10.1
10.1
10.0
10.9
10.6
Sept. 9 .
Sept. 16
Sept. 23
Sept. 30.....
584.6
592.0
606.9
647.9
71.4
75.1
72.6
75.8
23.8
34.0
47.6
81.5
19.7
20.2
19.4
21.5
4.0
3.7
2.6
5.2
165,5
162.6
166.3
160.6
10.7
10.9
10.9
11.0
53.3
51.2
51.0
52.0
348.4
357.6
370.3
407.6
53.9
50.9
50.1
49.1
126.6
125.3
125.7
• 126.6
45.5
48.0
50.5
54.4
10.2
10.2
10.2
10.2
Oct.
Oct.
Oct.
Oct.
7
14
21
28.. . .
601.5
609.6
612.4
618.6
85.3
91.3
88.4
91.0
19.9
30.0
16.2
15.0
18.1
15.2
17.3
19.7
4.8
3.4
4.1
3.9
166.6
160.6
166.9
167.6
9.8
10.6
10.6
11.0
52.6
52.4
53.5
52.9
357.2
363.5
357.0
361.1
55.6
55.0
59.1
58.7
126.6
126.2
127.3
126.8
52.9
55.8
59.8
62.0
9.2
9.1
9.2
10.0
Nov. 4
Nov. 11.....
Nov. 18.....
Nov. 25
Dec. 2.
619.3
615.9
630.9
659.7
659.9
90 8
88.0
99.1
119.8
120.2
15.8
15.4
15.7
15.1
16.1
20 4
19.6
24.2
24.6
22.6
4.0
4,5
4.4
4.9
4.9
167.4
167.6
167.5
167.1
167.4
10.5
10.3
10.3
10.2
10.1
52.7
54.7
54.7
56.0
57.0
361.6
360.1
375.9
397.6
398.2
59.0
56.5
55.6
57.9
55.8
129.3
129.2
129.5
132.4
131.8
59.7
59.7
59.3
60.9
62.5
9.7
10.4
10.6
10.9
11.6
Dec. 9
Dec. 16...
Dec. 23
Dec. 30....
662.7
659.7
673.7
672.6
115,1
112.6
118.3
114.1
16.8
16.3
17.2
16.8
21.2
20.5
21.2
21.9
6.5
5.1
5.1
5,4
167.0
164.7
165.9
165.1
11.3
11.6
11.6
10.9
58.3
58.1
59.2
57.8
396.1
388.8
398.4
392.1
54.7
57.8
57,8
59.4
133.5
137.5
141.3
141.1
66.6
63.2
63.2
67.2
11,8
12.4
12.9
12.9
670.3
669.5
676.5
680.3
683.3
113.8
109.0
108.0
105.9
112.3
19.0
18.4
18.8
19.5
19.0
21.8
22.2
21.2
19.8
18.9
5.4
5.1
5.0
5.1
4.7
163.7
163.0
161.9
162.1
161.4
10.8
11,2
11,0
11.4
12.1
56.9
56.8
56.9
56.6
56.8
391.5
385.6
382.8
380.5
385.4
62,4
65,9
73.1
78.8
76.9
138,4
139.4
138.3
137.5
137.2
64.4
64,5
68.3
69.2
69.1
13.6
14.1
14.1 .
14.3
14.7
Feb. 10
Feb. 17
Feb. 24
Mar. 3..
683.2
670.1
674.2
677.1
114.2
101 8
101.0
92.4
19.2
17.5
18.0
17.5
18.0
19.1
19.5
19.3
5.0
5,0
5.1
5.0
161.4
161.5
162.7
161.8
13.0
11.9
12.5
12.8
58.0
57.0
60.8
61.2
388.9
373.8
379.6
370.0
69.8
65,7
65.9
60.6
139.4
139.0
140.2
137,2
70.1
74,5
72.7
92.7
15.1
16.9
15.7
19.5
Mar.
Mar.
Mar.
Mar.
10.....
17
24.....
31
666.6
686.9
673.1
693.1
93.6
102.6
94.6
99.7
17.2
18.0
18.3
15.8
18.0
20.2
17.7
17.1
5.0
4.9
6.6
4,9
161.4
161.8
162.4
162.2
11.7
13.0
13.1
13.0
59.2
59.9
57.1
58.1
366.0
380.4
369.9
370.7
56.1
65.7
59.7
71.7
HI '.2
138.2
135.5
135.2
87.1
87.1
90.9
100.0
16.2
15.5
17.2
15.5
Apr.
Apr.
Apr.
Apr.
7
14.....
21
28
695 5
675.8
670.4
681.8
96 2
85.0
85.0
84.8
20.6
15.8
17.1
15.1
17 5
17.5
16.5
18.4
4.8
5.0
4.3
3.7
162.7
163.1
162.0
161.7
13.4
13.3
12.8
13.2
57.5
55.9
54.2
56.0
372.7
355.6
352.0
352.9
77.0
81.7
83.5
84.1
136,0
135,6
135.9
134.9
94.8
88.2
85.3
96.1
14,9
14.7
13.6
13.8.
May 5......
May 12
May 19
May 26
June 2
660.2
651.2
636.6
640.7
644.9
75.6
69.5
73.0
73.9
82.7
14.6
14.4
14.0
19.9
16.1
21.0
21.0
20.1
18.1
14.9
4.3
4.2
3.9
3.8
3.8
159.9
159.9
157.6
157.0
154.1
13.7
13.6
14.0
14.1
14.6
54.8
55.6
55.5
56.4
55.3
343.8
338.1
338.2
343.2
341.4
80.1
80.9
.79.1
77.8
81.3
131.8
132.9
133.4
130.9
131.1
90.6
84.4
70.9
73.7
76.3
13.8
14.9
15.1
15.0
14.8
June 9
June 16
June 23
June 30
643.8
641.3
630.2
637.7
79.2
82.3
75.0
75.6
17.1
13.3
14.0
13.2
13.8
13.4
13.2
13.7
3.6
3.8
4.0
3.5
148.3
149,6
148.1
143.9
17.8
14.5
14.1
14.8
54.5
53.5
54.1
55.2
334.2
330,3
322.4
319.9
83.5
83.7
79.4
87.8
131.7
132.5
132.2
132.0
80.0
80,3
81.7
83.6
14.6
14.5
14.6
14.5
1937— Jan. 6 .
Jan. 13
Jan. 20
Jan. 27....
Feb. 3
.
.
1
Certain of the figures for August 12, 1936, and succeeding weeks are not precisely comparable with corresponding figures for weeks preceding
August 12, owing to a revision in reporting practice by one of the reporting banks. Figures adjusted to the basis employed in previous weeks
are also shown.
BANKING AND MONETARY STATISTICS
590
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER Wl-Conlinued
ASSETS-Centinwd
[Reported by banks in United States. In millions of dollars]
Total
Date
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Far
East
All
other
647,1
638.5
628.1
621.1
78.1
91.0
85.2
78.8
12.6
13.6
11.0
11.3
12.7
13.0
13.9
14.5
3.7
3.3
3.4
3.4
142.1
140.2
139.2
137.6
15.0
15.1
14.3
14.1
55.7
53.4
54.2
54.0
320.0
329.5
321.1
313.8
94.0
88.9
84.2
78.4
131.8
131.3
130.0
128.8
86.7
74.2
78.1
85.9
14:6
14.6
14.7
14.3
Aug. 4...-_.
Aug. 11
Aug. 18
Aug. 25
Sept. 1
635.8
612.3
587.1
580.3
592.9
88.0
82.7
73.5
71.5
74.2
11,3
11.9
11.1
11.0
10.9
15.4
15.4
14.9
14.6
17.6
3.4
3.4
3.7
3.4
3.9
136.1
137.8
136.5
136.0
133.4
14.1
15.8
15.7
16.0
16.5
52.5
52.3
52.3
52.3
51.9
320.7
319.2
307.7
304.9
308.5
74.8
72.5
75.3
71.6
80.0
129.2
106.3
104.5
104.6
105.0
96.4
90,3
84.7
84.2
84.3
14.7
14.9
14.9
14.9
15.1
Sept. 8
Sept. 15
Sept. 22
Sept. 29
594.8
574.8
590.9
586.0
61.9
68.8
77.0
75.3
10.9
11.4
13.1
11.1
20.9
15.8
19.2
19,1
3.6
3.8
4.0
4.2
133.4
131.8
132.0
132.0
15.6
16.9
14.8
16.8
50.9
50.3
50.6
52.8
297.2
298.9
310.8
311.3
77.7
74.9
80.8
82.5
105.6
107.3
106.7
107.0
100.2
80.1
78.7
71.7
14.1
13.6
13.9
13.5
Oct. 6
Oct. 13
Oct. 20
Oct. 27
Nov. 3
578.7
581.4
579.9
587,6
590.1
70.0
69.4
64.6
66.8
69.2
11.8
12.9
12.7
12.3
12.5
18.7
22.8
23.7
24.8
23.1
4.5
4.9
5.3
5.4
5.9
132.4
130.0
131.1
131.2
130.8
16.8
17.0
17.9
18.8
17.4
51.7
51.8
52.1
53.1
53.9
305.9
308.7
307.4
312.5
312.8
82.8
81.8
87.0
89.3
90.4
106.9
109.1
108.0
108.7
109,9
70.1
68.6
64,6
64.0
64.1
13.0
13.1
12.8
13.1
12,9
Nov. 10_..,._
Nov. 17.—
Nov. 24
Dec. 1
630.4
626.6
623.2
631.3
84.5
84.8
83.0
84.3
14.4
14.1
14.4
13.0
24.5
24.5
23.4
22.9
6.3
6.6
6.0
6.3
130.7
128.6
127.8
127.0
18.5
19.0
18.5
18.3
55.0
56.7
57.5
57.1
333.9
334.2
330.5
328.9
90.5
90.8
93.0
89.0
111.7
110.9
110.5
111.0
80.4
76.8
74.1
88.4
14.0
13.8
15.1
14.0
Dec, 8
Dec. 15
Dec. 22
Dec. 29
...
637.6
634.7
628.8
655.0
88.6
87.7
83.2
84.8
13.0
13.5
12.8
13.5
21.6
21.6
23.5
23.0
7.1
6.3
5.9
5.5
127.7
126.7
126.5
126tl
18.7
18.7
19.1
20.8
56.3
54.2
53.4
52.9
333.0
328.8
324.5
326.5
89.1
89.6
90.9
118.0
114.8
114.8
112.8
114.4
84.9
85.9
84.2
78.9
15.7
15.6
16.3
17.2
1938—Jan. 5
Jan. 12 ..
Jan. 19
Jan. 26
Feb. 2
„,
677.8
641.9
642 8
638.9
639.0
96.2
83.6
86.0
86.3
90.5
12.5
11,9
12.6
12.5
12.1
' 22.5
22.9
24.4
25.7
25.6
5.7
5.2
5.1
4.9
5.3
124.8
124.6
122.8
121.9
121.7
20.7
20.2
20.4
20.0
19.8
53.9
52.2
52.4
52.2
51.9
336.4
320.7
323.7
323.5
326.8
114.2
89.3
87,1
83.6
84.3
115.2
116.1
114.7
115.5
113.9
94.3
97.4
98.4
97.5
95.3
17.7
18.4
18.9
18.8
18.7
Feb. 9
Feb. 16
Feb. 23
Mar. 2
628.3
635.5
637,4
646.7
86.1
88.3
93.0
98.7
12.2
12.8
12.3
12.2
24,0
25.5
24.9
25.5
6.0
6.1
6.5
6.3
119.9
118.0
117.2
114.9
18,7
17.7
17.5
18.1
52.7
52.3
51.7
53.4
319.6
320.7
323.2
329.1
84.1
84.8
84.1
86.8
113.3
113.2
114.4
112.4
92.7
98.5
97.1
99.9
18.6
18.4
18.6
18.4
Mar. 9
Mar, 16
Mar. 23
Mar. 30
654.4
652.0
645.3
669.7
102.3
98.3
103.6
120.6
12.2
12.8
11.4
11.4
26.0
26.6
26.2
23.5
5.8
5.8
5.4
4.8
111.7
112.1
111.5
112.0
17.8
18.2
18.1
18.1
53.2
51.7
51.8
51.0
329.0
325.4
328.0
341.4
84.4
88.3
84.7
93.3
116.6
113.9
114.1
113.5
106.0
106.8
100.8
104.1
18.3
17.6
17.6
17.4
Apr. 6
Apr. 13
Apr. 20
Apr. 27
659.0
655.0
649.6
644.5
106.9
102.7
104.9
106.0
11.4
10.9
11.8
10.5
23.1
24.0
23.9
22.0
4.9
4.7
5.1
5.3
111.4
110.8
110,3
110.3
18.0
17.4
16.8
16.4
51,0
50.0
50.9
49.9
326.6
320.4
323.4
320.4
93.2
93 1
91.1
92.7
114.5
116.0
114.7
114,7
108.6
108.7
104.7
101.2
16.2
16.9
15,5
15.7
May 4
May 11
May 18
May 25
June 1
657.2
666.3
669.7
676.8
684.8
120.6
113.7
122,0
129.1
135.7
10.7
17.3
16.3
14.7
19.2
21.7
24.4
25.0
25.6
24.9
4.6
4.6
4.8
4.7
5.0
109.0
108.6
108.6
108.0
105.8
16.7
16.2
17.6
17.3
15.2
49.2
48.8
47.7 i
47.8
47.8
332.5
333.5
342.0
347.2
353,7
92.4
91.9
90.0
90.6
90.9
114.9
117.6
116.0
116.0
115.7
102.3
108.9
107.6
108.8
110.1
15.2
14.4
14.1
14.2
14.4
June 8
June 15
June 22
June 29
678.4
677.9
693,0
700.8
133.7
135.1
HI. 2
141.4
16.8
16.1
17.7
16.2
24.1
24.0
24.6
25.2'
5.0
5.1
5.4
5.9
105.1
104.1
102.9
102.6
15.5
15.5
15.0
16.1
48.1
47.6
47.3
49.0
348.4
347.5
354.1
356.4
89.8
87.7
88.5
87.6
117.0
116.8
116.0 1
116.6
109.3
112.0
119.5
126.4
14.0
14.0
15.0
13.8
July 6
July 13
July 20
July 27
Aug. 3
678.0
674,3
669.0
666.0
658.9
146.6
143. 8
147.4
145.5
145.6
15.8
15.3
14.8
16.9
16.9
25.3
25.8
26.7
25.8
25.6
5.2
5.2
4.7
4.6
4.3
101.2
101.9
101.1
99.9
100.6
15.2
14.8
14.8
14.7
15.4
48.3
48.1
47.7
47.5
47.8
357.7
354.8
357.2
354.8
356.2
87.9
88.7
85.8
92.6
82.0
97.6
98.9
97.0
96.6
94.8
120.4
117.4
114.6
108,0
111.9
14.4
14.5
14.3
13.9
14.0
Aug.
Aug.
Aug.
Aug.
10
17
24
31
656.2
658.4
642.5
643.5
137.3
135.6
130.8
137.4
15.7
21.7
19.4
15.2
25.2
24,4
24.7
25.7
4.5
4.6
4.3
4.8
99.8
99.3
98.6
98.6
14.5
13.8
14.8
14.1
47.0
47.3
46.9
47.3
344.0
346.7
339.5
343.0
80.1
81.1
80.1
80.0
96.5
95.8
94.4
94.8
122.0
121.8
115.4
112.9
13,7
13,0
13.0
12,8
Sept.
Sept.
Sept.
Sept.
7
14
21
28
641.4
635.0
631.2
626.9
134.0
129.1
124.2
121.9
14,0
13.7
13,1
11.4
24,5
24.0
22.7
22.6
5,2
4,6
4.2
4.4
98.4
98.5
99.6
99.1
12.8
12.0
13.5
17.0
45.8
45.7
45.8
46.3
334.7
327.7
323.0
322.7
79.1
79.8
81.1
84.0
95.8
96.5
95.3
94.2
119.4
118.3
119.4
113.6
32.4
12.8
12.4
12.4
1937— July 7
July 14
July 21
July 28
.
INTERNATIONAL FINANCIAL STATISTICS
591
NO. U1-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
flSSETS-Contmwd
[Reported by banks in United, States. In millions of dollars]
Date
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Far
East
All
other
631.7
616.1
617.4
607.8
611.8
117.6
109.8
110.7
100.0
95.1
15.1
9.6
12.7
13.9
10.4
24.4
22.2
21.5
20.5
21.8
4.9
4.3
4.1
3.9
4.1
97.9
97.7
97.3
96.7
96.5
16.3
14.8
13.9
15.7
16.2
48.4
47.7
47.4
47.4
47.3
324.6
305.9
307.6
298.1
291.3
84.3
84.0
83.1
85.8
83.5
92.7
91.8
91.4
92.9
93.4
117.8
121.2
121.5
117.4
129.6
12 3
13.2
13 9
13.7
13.9
9
16
23
30
614,5
618.8
614.7
631.4
89.0
86.6
89.1
90.9
10.8
13.1
10.8
12.9
24.9
25.2
24.8
26.6
4.3
4.1
4.2
5.5
96.5
96.2
95.4
93.8
15.9
17.3
14.3
15.1
48.1
48.7
48,3
47.8
289.5
291.3
286.9
292.6
83.3
83.5
83.6
78.0
94.6
132.8
94.2.
135.1
96.1 . 133.5
147.7
97.8
' 14.3
14.8
14.7
15.3
Dec. 7
Dec. 14
Dec. 21
Dec. 28
1939— Jan. 4
650.6
661.3
622.0
626.0
594.0
88.1
96.6
81.6
87.7
86.0
24.7
18.3
14.5
13,3
10.3
27.3
27,1
26.2
25.5
24.2
5.9
5.7
4.8
5.4
5.5
93.0
92.7
91.0
90.9
89.4
14.2
13.7
13.4
13.3
13.5
47.7
47.3
47.1
46.7
45.9
300.8
301.5
278.5
282.8
274.9
79.2
80.4
63.7
65.7
60.4
99.6
99.7
100.4
99.2
99.1
156.0
163.9
163.9
162.6
144 1
14.9
15.9
15 5
15.7
15 5
Jan. 11
Jan. 18
Jan. 25
Feb. 1 ...
609.8
600.8
603.2
607.6
87.1
90.3
98.5
91.6
10.5
9.0
8.7
14.0
24.7
24.1
23.8
23.4
5.2
4.5
4.5
4.5
89.7
88.7
88.6
87.7
14.7
14.4
14.4
15.5
44.3
45.0
43.9
48.1
276.2
276.2
282.4
284.8
58.4
56.4
52.4
54.2
98.2
97.5
95.7
96.2
162,2
155.7
157.9
157.4
14.8
15.1
14 8
14,9
Feb. 8
Feb. 15
Feb. 22. ...
Mar. 1
619.8
589.4
569.1
555.6
.102,6
88.8
82.0
90.6
11.1
15.7
12.4
12.8
23.9
23.0
22.4
22,4
4.5
4.5
4.2
4.1
84.7
82.4
84.0
83.5
16.5
15.7
13.3
13.7
47.9
47.7
48.0
> 48.6
291.2
277.7
266.3
275.6
56.1
55.3
49.0
45.0
99.6
100.3
98.3
98.0
158.3
141.0
140.4
122 5
14.8
15.1
15.0
14 5
Mar.
Mar.
Mar.
Mar.
8
15
22
29
560.8
550.7
554.6
553.6
88.6
80.6
77.6
83.0
15.3
11.6
13.0
13.8
22.1
22.8
20,4
20.1
3.9
4.1
5.0
3.6
83.1
82.2
82.1
81.4
13.4
15.2
16.6
16.4
48.7
49.5
49.5
48.8
275.1
266.0
264.2
267.1
47.0
45.8
46,7
46.3
99.8
97.7
98.0
99.5
124.2
126.2
130.9
125.7
14.7
15,1
14.8
14.9
Apr. 5
Apr. 12
Apr. 19
Apr. 26
May 3
532.1
521,8
516.5
492.3
508.0
66.2
63.4
65.7
64.2
62.3
10.8
10.8
10.9
11.7
11.5
19.1
18.6
17.8
17.9
17.9
3.1
3.5
3.6
3.6
4.2
80.4
79.9
79.0
79.4
78.1
15.3
15.3
15.4
13.5
13.1
46.8
45.9
44.8
44.7
41.5
241.7
237.4
237.0
235.0
228,5
51.7
49.9
48.4.
48.0
52.2
96.4
95.4
94.3
94.9
96.5
127.9
125.4
123.0
103.6
117.7
14.4
13.8
13.9
10.9
13.1
May
May
May
May
10
17
24
31
512.8
506.8
508.1
504.3
66.4
61.1
61.1
55.4
11.5
8.5
9.8
10.7
19.8
19.9
19.3
18.7
4.0
4.4
3.8
3.4
78.2
78.3
78.2
79.2
12.6
11.9
11.8
11.9
41.5
41.8
42.0
41.1
233.9
225.8
226.1
220.4
52.3
51.1
48.7
49.4
95 6
104.9
109.7
111.1
117,7
112.0
110.3
110.6
13,2
13.1
13.3
12.8
June 7
June 14 ...
June 21
June 28
502.8
510.3
495.4
496.6
59.1
62.1
54.6
55.4
7.8
9.0
7.6
10.7.
19.3
19.1
18.2
19.7
3.4
3.5
3.6
4.5
78.5
79.2
77.9
77.4
11.0
10.5
10.7
9.5
41.4
41.6
41.0
39.9
220.6
224.9
213.6
217.0
49.7
52.2
49,8
54.0
114 0
113.4
111.3
110.3
105.6
108.1
106.2
100.5
12.8
11.8
14.5
14.8
JulyS.
July 12 „ ..
July 19
July 26
Aug. 2
496.1
496.2
499.6
497.2
507.3
56.1
56.1
58.3
55.2
52.8
7.4
7.9
7.4
7.3
8.5
21.6
21.6
22.7
21.7
23.1
3.3
3.2
3.6
3.2
3.1
75.9
75.5
74.9
74.7
73.7
9.0
9.7
9.3
9.3
9.3
39.4
39.4
38.3
39.1
39.2
212.8
213,4
214.5
210.3
209 7
51.6
52.2
53 6
52.7
56.7
110.1
111.0
112.5
111.8
111.8
107.2
105.8
105.2
108.7
116.3
14.3
13.8
13.9
13.6
12.8
Aug.
Aug.
Aug.
Aug.
9
16
23
30
494.2
481.3
471.1
48315
54.4
58.0
55.7
66.9
7.6
9.0
10.8
8.7
24.7
13.9
10.2
10.3
3.1
2.7
2.3
2.5
72.8
73.0
73.1
73.0
9.5
9.8
10.0
12.6
39.2
38.9
39.0
44.7
211 3
205.2
201.1
218 6
48 0
47.5
46.7
44 0
111 9
109 8
108.4
107.3
106.1 ' 104.1
103 3
104.1
13.2
12.9
13.0
13.5
Sept. 6
Sept. 13
Sept, 20
Sept. 27
480.6
482.4
491.6
485.7
64.1
69.1
67.7
66.0
7.7
8.0
9.1
8.7
10.2
9.8
9.1
9.6
2.8
2.5
2.8
2.9
68.7
67.2
66.9
67.1
13,1
13.2
12.8
12.2
39.3
39.5
40.1
41.6
49 0
205 9
209.2 . 50.2
208.4
52.7
. 49.7
208.1
104 9
105.0
108.1
108.5
107 5
103.5
107.2
104.0
13 3
14.5
15.1
15.4
Oct. 4
Oct. 11
Oct. 18
Oct. 18
Oct. 25
Nov. I......
509.5
506.0
502.4
1557.4
558.1
559.5
62.3
68.6
71.1
71.1
64.5
63.0
9.2
8.7
9.3
9.3
8.6
7.3
9.3
9.5
9.6
9.6
9.3
9.1
3.6
4.0
4.2
4,2
3.9
3.9
66.3
62.7
62.5
62.5
60.7
59.5
13.3
12.6
11.7
11.7
11.8
12.0
44.1
47.4
46.0
46.0
48.5
49.6
208.2
213.5
214.3
214.3
207.2
204.4
60.1
55.9
47.3
47.3
51.1
53.0
111,0
109.5
110.6
110.6
112.0
111.8
115.0
111.8
115.5
U70.5
• 172.6
175.6
15.2
15.4
14.6
14.6
15.2
14,7
Nov. '8
Nov. 15
Nov. 22.....
Nov. 29
561.8
540.3
543.8
537.1
61.9.
53.5
48.4
46.5
7.1
7.4
5.8
5.4
8.3
6.8
6.7
6.6
3.6
3.9
4.5
4.7
61.2
59.7
58.4
58.5
12.1
8.9
10.1
9.4
50.0
49,4
51.8
52.0
204.1
189.6
185.6
183.1
50.8
46.3
43.9
43.6
114.7
110.2
114.2
114.0
177.5
179.7
183.9
179.3
14.8
14.6
16.2
17.0
Dec. 6
Dec. 13
Dec. 20.....
Dec. 27
1940—Jan. 3
532.3
539.4
539.5
546.3
608.7
44.9
45.1
42.8
44.4
39.9
5.4
5.9
4.9
5.0
4.9
6.6
6.3
6.6
6.6
5.7
5.1
5.1
4.9
4.9
5.2
56.1
55.3
54.6
53.9
53.4
9.4
9.6
10.5
10.9
11.8
57.0
52.5
52.6
53.0
51.4
184 4
179.8
176.9
178.7
172.2
41 7
41.4
42.0
46.3
39 7
114 0
117.0
114.7
117.5
113.3
176 2
184.0
188.8
186.9
*174.1
16 1
17.2
17.0
16.9
9.3
1938— Oct. 5 . .
Oct. 12
Oct. 19
Oct. 26 ..
Nov. 2
Nov.
Nov.
Nov.
Nov.
i The reported figures for the Far East on October 18 and succeeding weeks are not strictly comparable with the corresponding figures for preceding weeks, owing to a correction in reporting practice by one of the reporting banks. Figures adjusted to the basis employed in previous weeks
are also shown.
* Figure covers all Asiatic countries. Previous figures include only British India, British Malaya. China, Japan, Netherlands East Indies,
and Philippine Islands, the remaining Asiatic countries being included under "all other."
BANKING AND MONETARY STATISTICS
592
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
ASSETS-ContiniHtf
[Reported by banks in United States. In millions of dollars]
Total
Date
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Asia
All
other
514.6
523.0
519.0
533,0
41.5
50.8
51.6
56.2
4.6
4.8
5.0
5.3
6.2
7.3
7.1
7.2
5,0
4.5
5,1
5.1
53.1
53.2
50.8
52.3
13.3
13.2
13.4
13.7 |
51.2
51.4
50.0
49,5
175.0
185.1
183.0
189.1
39.5
41.2
40.7
40.1
111.9
110.2
110 7
110.2
178.6
176.8
174 4
184.6
9.6
9.7
10 0
9.1
535.8
537.6
532.1
531.4
52.0
52.7
45.8
44.7
4.7
5.5
6.2
5.4
6.5
7.0
6.8
5.7
5.3
4.9
5.2
5.5
52.3
50.8
52.0
51.8
13.8
13.6
14.8
15.5
50,8
52.2
50.0
49.3
185.5
186.5
180.8
177.9
42.0
41.4
43.2
44.2
112.0
109.5
110 6
109.8
186.7
190.5
188.1
190.3
9.5
9.8
9.3
9.2
520.5
525.6
520.4
522.2
527.5
42.0
48.8
46.1
47,0
39.7
5.4
6.0
6.4
5.8
4.9
6.6
6,2
6.6
8.9
6.7
5.7
5.6
5.1
8.3
6.2
51.8
51.0
50.1
50.8
50.1
16.9
16.5
16.9
17.3
16.9
48.0
49.1
49.8
49.4
48.6
176.3
183.2
181.0
185.6
173.2
42.8
46.6
43.6
42.7
42 2
109.2
108.2
110.2
109.5
110 7
182.8
177.6
176.3
175.4
192.6
9.5
10.0
9.3
9.1
89
Apr. 10
Apr. 17
Apr. 24 .
May 1
525.0
36.8
514.2
39.9
500.0
36.7
515.7 ! 36.8
6.0
58
5.8
8.4
8.5
11.4
5.5
8.0
5.8
5.7
6.5
6.4
50.3
48 8
50.2
49.4
17.4
18 3
16.9
17.2
47.8
49.6
48.2
48.6
172.6
179 5
169.8
174.7
42.7
37 0
36 1
37.1
113.0
114 5
112 9
114.3
188.4
174 5
172.6
181.0
8
8
8
8
May 8 _ _ _ _ _
May 15.....
May 22... _.
May 2 9 _ _ _ _ _
512.1
501.8
495.0
475.0
34.6
33.3
31.1
30.1
9.1
8.4
8.1
7.9
8.8
4.2
3.6
3.2
5.8
5.7
5.1
5.0
48.6
48.5
48.3
47.3
16.7
18.1
17.9
18.3
47.7
47.4
46.5
44.6
171.1
165.6
160.6
156.5
32.4
34.3
" 34.5
26.7
113.4
112.6
111.2
113.3
186.7
180.5
180.0
169.5
8.5
8.8
8.7
9.0
June 5
June 12... _.
June 19.
June 26.....
July 3
480.0
484.6
477.9
469.0
475.0
28.9
31.6
32.3
33.1
32.0
7.8
7.4
5.7
5.9
6.2
3.3
3.0
2.9
2.8
2.6
4.6
4.3
4.2
4.0
3.8
48.0
48.0
47.8
47.8
47.3
16.9
18.7
17 0
14.9
14 2
44.4
43.5
43.9
43,2
41.0
154.0
156.6
153 6
151.8
147.2
32 1
35.7
30 9
29.6
35 3
113 4
113.4
113 0
118.6
117 0
171.4
169.7
171.3
160.0
167 9
91
9.2
9 i
9.0
7 7
July 10
July 17
July 24
July 31
466.8
459.7
460.4
444.9
31.2
31.1
29.5
28 2
6.2
56
4.6
4 5
2.5
2.3
2.1
1.9
3.5
n 9
2.9
2.5
47.6
47 5
47.0
46 6
13.1
12 4
11 3
9 6
40.6
40.3
39.3
36 6
144.7
142 6
136.8
130 0
33.2
31 4
31.9
31 3
116.3
115 7
117 9
116 3
165.1
162 5
166.1
159 8
7
7
7
7
Aug. 7
Aug. 14.....
Aug. 21
Aug. 28.,...
Sept. 4
394.3
389,9
385.1
380.8
386.0
25.0
24.4
24.5
22.4
22 6
4.3
4.4
4.3
4.2
4 2
1.8
1.5
1.5
1.2
1.2
'3.2
2.1
.7
.7
9
45 7
46.0
45.8
45.9
46 0
9 2
8.7
6,5
5.2
4 1
36.1
35.6
35.5
34.8
34.9
125 2
122,7
119.6
115.5
115 0
30 8
28.9 ,
30.7 i
30.9
31 2
114 1
111.3
111,2
110.9
112 3
117 4
120.6
114.7
114.9
118 6
69
fi.5
8.9
8.6
89
Sept. 11.....
Sept, IS.....
Sept. 25.....
Oct. 2
390.7
385.9
377.1
385.5
22.3
21.5
20.9
20 2
3.9
3.6
3.5
35
1.2
1.1
1.3
1.1
.9
.9
2.0
15
45.9
45.7
45.6
45 6
2.9
2.7
2.5
2 8
35.0
34.8
34.7
34 8
113.2
111.4
110.5
109 4
33.1
31.5
28.9
30 8
112.0
112.6
112.0
113 1
122.9
124.1
119.3
125 7
9.0
6.3
6.4
64
Oct. 9. ...
Get. 16
Oct.23......
Oct. 30......
377.3
378.2
393.4
393.4
21.3
19.9
20.7
19.6
3.4
3.6
3.7
3.7
1.1
1.0
1.0
1.0
2.0
1.4
1.9
1.9
43 8
44.1
44.1
44.0
23
3.5
3.3
3.3
32.8
32.7
32.8
33.3
106 6
106.2
107.5
106.8
30 6
31.4
34.3
32.4
112 0
112.9
122.5
123.1
122 0
121.4
122.0
124.9
61
6.2
6,4
0.3
Nov. 6......
Nov. 13
Nov.20._...
Nov. 27.....
396.8
407.6
406.8
395.1
20.2
21.0
21.2
21.4
3.7
4.1
4.2
4.3
1.0
.0
1.9
1.8
1.9
1.9
42.8
42.9
42.3
43.0
2.7
2.9
2.8
2.2
33.2
33.4
32.1
32.0
lOo.S
107.2
105.6
106.0
32:3
34.8
36.2
29.7
124.1
124.5
124.1
125.9
128.5
134.5
134.3
126.2
6.5
6.5
6.4
7.3
396.1
401.5
388.0
387.5
384.0
19.8
20.4
20.3
19.4
23.0
4.3
4. -3
4.3
4.2
4.2
1.8
2.2
2.2
1.8
1.5
43.1
42.9
42.8
40.3
39.6
2.1
1.9
2.1
2.0
2 0
31.3
29.5
30.5
30.3
29.9
103.5
102.4
103.2
98.8
101.0
31.0
35.0
34.2
35.8
36 0
127.1
129.3
124.9
126.1
122 7
128.1
128.5
119.4
120.2
117 8
6.4
6.3
6.3
6.4
64
1940—Jan, 10
Jan. 17 ..-.„
Jan. 24
Jan. 31 „-„.
Feb.
Feb.
Feb.
Feb.
7
14
21
28
Mar.
Mar.
Mar.
Mar.
Apr.
6..
13
20
27
3
Dee.
Dee.
Deo.
Dec.
1941— Jan.
.
4......
11.....
18.
25
1
.1
.1
.1
.1
.1
.9
.9
3
5
7
6
6
4
7
5
INTERNATIONAL FINANCIAL STATISTICS
593
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
ASSETS-Continued
[Reported by banks in United States. In millions of dollars]
Total
Date
United
Kingdom
France
Germany
Switzerland
Netherlands
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Asia
All
other
383.3
386.9
402.0
399.2
20.0
19.2
21.1
23.0
4.0
3.5
3.3
3.4
.8
.8
8
.8
1.6
2.1
2 3
2.1
39.1
39.1
39 0
38.8
2.2
1.9
2.1
1.7
30.9
31.8
31.4
31.1
98.6
98.4
99.9
100.9
34.9
37.7
34.6
33.6
123.6
123.7
125.8
125.8
120.0
120.8
135.1
132.4
6.2
6.3
65
6.5
Feb. 5
Feb. 12
Feb. 19
Feb. 26
396.0
404.5
394.5
383.0
19.1
22.2
21.2
20.7
3.2
3.0
3.1
3.1
.8
.8
9
.8
2.2
2.5
2.5
3.8
38.4
38.4
38 1
38.2
1.8
1.8
1.8
1.7
31.2
31.3
30.8
31.0
96.9
100.1
98.4
99.4
31.7
33.3
32.0
30.8
124.5
122.7
117.4
115.1
136.4
142.0
140.4
131.0
6.5
6.3
63
6.6
Mar
Mar.
Mar,
Mar.
Apr.
5 ,.
12
19
26..;..
2
394 2
407.0
402.9
403.7
391.7
19 7
23.0
23.8
23.9
24.0
31
3.1
3.1
2.8
2.8
9
.8
.8
.8
.8
3 2
3.4
3.3
3.1
3.1
38 0
37.9
36.9
36.2
36.1
17
1.9
1.8
1.7
1.7
30 3
30.4
29.8
30.2
30.1
96 8
100.5
99.5
98.8
98.6
30 8
32.0
32.2
33.7
30.9
123 0
125.4
124.4
123.7
121.6
137 0
141.5
139.9
140.2
133.4
6 7
7.5
6.9
7.2
7.2
Apr.
Apr.
Apr.
Apr.
9
16
23
30
392.7
386,7
374.0
360.2
22.8
23.6
23.3
22.6
2.8
2.8
2.8
2.8
.9
9
.8
9
2.7
4.0
2.8
2 7
35.5
35.6
35.6
35 5
1.8
1.7
1.7
17
30.8
30 6
29,5
29 1
97.3
99.0
96.6
95.3
31.8
34.8
29.4
25.0
124.0
122.3
121.4
118.3
132.3
123.0
119.1
113.9
7.3
7.5
7.6
7.7
May
May
May
May
7
14._._.
21_____
28.... _
24.6
24.6
24.5
24.7
2.6
2.6
2.1
2.4
8
.8
.9
.9
2 8
2.3
2.8
2.9
35 5
35.5
35.5
35.3
17
1.8
1.6
1.7
28 9
29.0
28.7
28.4
96.9
96.7
96.1
96.3
28.4
27.7
27.1
27.9
115.6
116.2
116.2
116.2
118.4
118.1
116.9
115.0
8.1
8.1
8.2
8.8
2.8
28
2.8
2.9
2 9
35.5
35 5
35.5
35.5
35.5
1.7
1 7
1.6
1.6
1.6
28.6
28 7
28.6
28.4
28 6
97.3
97.7
96.1
97.1
95.0
28.8
29.4
28.3
26.9
27.8
113.7
111.1
113.8
114.6
113.9
106.9
100.4
96.2
93.6
94.9
8.7
8.9
9.0
9.1
8.9
1941— Jan. 8 .
Jan. 15.
Jan. 22
Jan. 29 .
...
367.5
366.7 i
364.5
364.2
June 4 _ . _ _ _ _
June 11
June 18_. __
June 25
July 2
355.5
347.5
343.4
341.3
340.5
25.7
25.8
24.8
25.8
23.5
2.2
2.4
2.1
2.1
2.1
.8
8
.8
.8
8
July 9
July 16
July 23.
July 30
332.9
332.9
339.7
355,6
23.9
23.5
24.3
26 9
. 2.1
2.0
2.0
2 0
8
8
8
7
2
2
2
2
8
8
8
9
35.6
35 5
35 6
35 2
1.6
16
1.6
2 1
28
28
28
28
6
2
2
1
95.3
94 3
95.2
97 8
27.6
26.7
25.7
24 9
112,4
112.3
112.4
116 8
88.5
90.9
97.4
105.9
9.0
8.6
8.9
10.2
Aug. 6
Aug. I 3 _ _ _ _ _
Aug. 20
Aug. 2 7 _ _ _ . _
Sept. 3
351.8
353.4
355.4
357.3
353.5
22.9
23.9
23.8
24.0
23.4
2.0
1.9
.9
.9
.9
7
.7
.7
.8
8
2 7
2.7
2.6
2.7
28
34 9
35.3
35.2
35.3
35 3
2 1
1.6
1.5
1.5
15
28 3
28.2
28.0
28.0
28 0
93 5
94.4
93.9
94.2
93 6
25.3
27.8
31.4
28.7
27.6
118.1
120.0
118.0
120.5
121.9
104.1
101.0
101.9
103.2
100.0
10.8
10.1
10.3
• 10.8
10.4
Sept. 10
Sept. 17
Sept. 24
Oct. 1__
344.2
344.3
349.0
353.8
22.0
22.2
22.3
22.4
.9
.9
.9
.9
.8
.8
.8
.7
2.8
2.7
2.6
2.7
35.3
35.3
35.3
35.3
1.5
1.5
1.5
1.5
27.9
28.2
28.2
28.4
92.2
92.5
92.7
92.9
27.1
27.6
28.2
31.7
115.9
115.8
120.8
123.0
98.6
97.7
96.6
95.7
10.4
10.6
10.7
10.5
Oct.
Oct.
Oct.
Oct.
354.4
357.0
355.7
361.4
25.0
23.1
23.6
26.9
.8
.8
.8
.8
7
.7
.8
.8
2 6
2.6
2.6
2.6
35 2
34.8
35.5
35.5
15
2.0
1.5
1.3
27 8
27.5
27.1
26.7
94.7
92.5
92.9
95.7
30.1
35.5
34.4
35.2
124.6
124.1
125.1
126.1
95.1
94.7
93.7
94.5
10.1
10.1
9.6
9.9
Nov. 5
Nov. 12
Nov. 19
Nov. 26
Dec. 3
373.6
363.0
366.7
363.3
363.9
26.8
25.6
26.6
26.7
25.9
.8
.7
.8
.8
.8
.8
.8
.8
1.0
1.1
2.6
2.6
2.6
2.8
2.6
35.3
35.3
35.3
35.3
35.3
1.5
1.5
1.5
1.5
1.5
26.7
26.8
26.5
26.6
26.1
95.5
94.2
95.1
95.6
94.2
37.2
35.8
35.6
26.7
26.7
135.6
132.9
136.0
140.9
142,4
95.6
90.6
90.5
89.8
91.0
9.7
9.6
9.4
10.3
9.6
Dec.
Dec.
Dec.
Dec.
362.5
363.7
366.5
367.8
24.7
23.6
22.0
20.9
.8
.8
.8
.8
1.1
1.1
1.1
1.1
2.8
2.8
2.6
2.6
35.1
35.2
35.2
34.4
1.5
1.5
1.5
1.5
26.2
26.0
26.8
26.2
93.2
92.0
91.1
88.4
28.4
29.2
30.8
33.6
142.8
145.4
148.2
148.3
87.9
87.5
86.5
87.9
10.1
9.6
9.8
9.7
8
15
22
29
10
17
24
31
594
BANKING AND MONETARY STATISTICS
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
ASSETS-SUPPLEMENTARY DATA'
[Reported by banks in United States. In millions of dollars]
6 Latin American countries
5 European countries
Date
Bel- Dengium mark
Total
Finland
Norway
Sweden
Total
Argentina
Brazil
4 Asiatic countries
Chile Cuba
Mexico
Panama
and
C. Z.
PhilipHong • Japan
Kong i
lalandB
Total
China
22.0
22.4
22.4
22.8
22.5
1.9
1.4
1.4
1.7
1.6
102.1
107.7
104.8
101.6
111.2
26.4
26.2
26.5
26.7
26.6
1940—Jan. 3
Jan. 10
Jan. 17
Jan. 24
Jan. 31
23.4
23.2
23.4
23.6
22.2
6.5
6.6
6.7
7,3
7.2
3.2
3.5
3.9
3.8
3.7
.4
.4
.2
.1
.2
3.6
3.8
4.1
4.1
3.7
8.7
7.9
7.5
7.2
6.5
76.1
73.8
71.4
71.8
71.5
16.8
14.5
13.5
12.6
12.9
32.2
33.1
30.0
31.7
31.2
9.7
9.8
9.7
9.6
9.6
10,5
9.7
11.3
11,1
10.4
5.9
5.7
5.8
5.8
6.5
1.0 152.5
1.0 157.7
1.0 155.2
1.0 152.8
.9 161.9
Feb. 7
Feb. 14
Feb. 21
Feb. 28
22.4
23.0
20.9
20.4
7.5
8.4
7.7
7 4
3.6
3.6
2.8
2.9
.2
.1
.0
.8
3.8
4.0
4.0
4.0
6.2
5.9
5.4
5.4
72.5
70.0
70.4
69.9
12.7
12.1
11.6
12.0
34.2
31.6
32.2
31.8
9.7
9.5
9.6
9.7
10.2
11.2
11.6
1.1.1
4.7
4.7
4.5
4.4
1.0
.9
.9
.9
165.3
24.7
168.5 ' 25.1
167.3
25.4
168.0
25.4
1.6
1.8
2.6
3.2
113.2
114.4
114.5
111.2
25.8
27.2
24.9
28.2
Mar. 6
Mar. 13....
Mar. 20....
Mar. 27
Apr. 3
19.9 j 7.0
7.8
19.9
8.0
20.5
19,7
8.1
19.4
7.9
2.8
2.6
2.3
2.2
2.2
.9
.7
.9
.8
.8
3.9
4.0
3.9
3.9
4.0
5.3
4.8
5.4
4.7
4.5
69.0
68.9
69.6
70.1
71.4
11.7
11.8
12.1
12.2
12.5
31.2
31.0
31.4
31.6
33,0
9.8
9.8
9.6
9.4
9.4
9.7
10.4
10.8
11.2
10.7
5.7
4.8
4.7
4.7
4.7
,9
1.0
1.0
1.0
169.9
164.9
165.9
165.4
182.6
25.3
26.8
25.8
25.7
26,1
2.0
1.6
2.1
1.5
1.7
114.3
107.5
109.2
109.6
125.9
28.4
29.0
28.7
28.6
28.9
Apr. 10
Apr. 17
Apr. 24
May 1
18.3
20.2
18.3
17.6
7.9
8.2
8.4
8.1
1.5
1.4
1.4
1.4
1.0 ' 3 . 7
2.4
3.8
1.0
3.6
3.4
1.0
'4.2
4.3
3.9
3.7
73.3
73.2
72.9
73.9
13.6
14,0
12.4
12.4
33.2
33.5
34.5
34.4
9.6
9.4
9.6
9.7
10.9
10,4
10.2
11.2
4,9
4.0
5.0
5.0
1.2
1.2
178.6
164.2
161.7
169.8
25.8
25.2
24.3
23.9
1.7 122.7
1.5 f 109.0
1.4 108.1
1.8 115,6
28.4
28.5
28.0
28.6
May8
May 15
May 22
May 29
16.7
16.6
15.2
j 14.1
6.6
6.4
5.7
5.1
1.3
1.2
1.1
1.1
1.1
1.3
1.5
1.6
2.8
2.7
2.4
2.4
5.0
4.9
4.5
4.2
74.0
73.2
72.0
73.9
16.2
15.4
15.7
16.4
31.9
32.4
31.7
32.1
9.7
9.8
9.7
9.5
10.1
9.6
7.9
9.8
5.1
5.0
5.9
5.0
1.0
.1
.1
,1
174,7
169.1
170.7
160.1
23.6
23.9
23.9
24.5
1.7
1.5
1.8
1.9
120.7
114.4
115.2
103.2
28.6
29.2
29.8
30.5
June 5
June 12
June 19
June 26.
JulyS
13.6
13.7
12.0
11.3
10.6
4.5
4.2
4.1
3.9
3.4
1.4
1.0
.9
.8
.7
1.5
1.5
1.5
1.5
1.5
2.2
2.0
1.8
1.7
1.5
4.0
4.0
3.7
3.5
3.4
74.2
74.0
73.2
78.3
77.5
16.3
16.2
16.3
16.7
16.7
31.9
32.3
31.9
34.0
33.7
9.7
10.5
9.5
9.8
9,7
10.2
9.2
9.2
11.4
11.4
4.8
4.7
6.0
5.1
4.8
.1
.2
.3
.2
.3
161.6
159.5
160,1
148.5
155.2
24.3
24.0
25.0
24.7
30.2
1.9
1,8
2.5
2,5
1.6
104.0
102.3
100.4
89.7
90.6
31.6
31.4
32.3
31.6
32.7
July 10
July 17
July 24....
July 31
10,1
9.6
9.4
9.1
3.3
3.1
3.1
2.9
.7
.6
.5
.4
1.5
1.5
1.6
1.6
.4
.4
.3
.3
3.2
3.0
2,9
2.8
75.6 16.2
75,6 16^4
77.4 1 17.2
75.6 16.4
32.9
32.1
33.5
32.8
9.7
9.7
9.7
10.3
10.6
11.4
10.8
9.9
Aug. 7
Aug. 14
Aug. 21
Aug. 28....
Sept. 4
8.6
7.9
7.9
7.8
7.7
2.1
2.0
1.9
1.7
1.6
.3
.3
.3
.3
.3
2.0
1.6
1.7
1.7
1.7
.3
.3
1.3
1.3
1.2
2.9
2.7
2.8
2.7
2.9
75.5 16.2
73.0
16,5
72.5 11 15.4
72.0 15.4
72.1 15.1
33.4
30.9
31.3
30.5
31.3
9.6
9.6
9.6
9,4
9.6
Sept. 11....
Sept. 18.,..
Sept. 25.,..
Oct. 2
7.7
1.6
7.5 i 1.6
7.6 i1 I- 7
7.5
1,7
.3
.3
.3
.3
1.7
1.7
1,7
1.7
1.2
1.2
1.2
1.2
2.8
2.7
2.7
2.7
71.7
72.4
71.4
72.5
15.1
15.1
14.8
14.8
30.4
31.0
30.3
30.8
Oct. 9
Oct. 16
Oct. 23
Oct. 30
7.1 • 1.7
1.7
7.1
2.2
7.6
2.2
7.6
.3
.3
.3
.3
1.7
1.7
1.7
1.9
1.2
1,1
1,2
1.1
2.3
2.2
2.2
2.1
71.0
71.5
81.5
81.4
14,4
13.3
14.3
13.2
Nov. 6
Nov. 13....
Nov. 20....
Nov. 27...,
7.5
7.4
6.2
6.1
2.2
2.1
2.1
2.1
.3
.3
.3
.3
.9
.9
.9
.9
1.1
1.1
1.1
1.0
2.2
2.1
.9
.8
82.3
82.4
82.2
82.9
5.5
5.5
5.5
5.4
5.5
.5
.5
.5
.5
.5
,3
.3
.3
.3
.3
.9
.9
.8
.8
.8
1.0
1.0
.9
. .9
.9
.9
.9
.9
.9
1.0
84.3
85.2
81.0
81.7
78.4
Dec. 4
Dec. 11
Dec. 18
Dec. 25
1941— Jan. 1
! -
1.1
1.1
1.1
.4
.3
.4
.5
152.2
149.2
152.5
145.3
30.3
30.3
30.0
30.5
1.4
1.6
1.5
2.7
87.3
84.6
87.8
78.6
33.2
32.8
33.3
33.6
10.2
10.1
10.3
10.8
9.9
.8
.8
.7
.7 1
i!
.7
.5
.4
.4
.5
.5
.4
.5
.4
.7
102.7
106.4
99.7
90.2
102.3
29.9
30.6
24.8
24.6
24.0
1.5
2.0
2,3
2.93.8
40.4
43.5
42.8
42.1
45.0
30.9
30.3
29.9
29.5
29.6
9.5
9.6
9.6
10.0
10.5
10.5
10.4
10.6
.3
.5
.6
.5
.8
.8
.7
.9
104.6
105.4
101.1
109.8
24.5
24.3
24.4
24.2
3.4
3.4
3.5
4.3
47.0
47.6
44.6
53.2
29.8
30.1
28,7
28.2
30.2
31.5
40.0
40.2
10.2
10.0
10.2
10.8
10.4
10.6
10.8
10.9
.3
.5
.6
.6
.6
.5
.6
.7
105.7
103.8
104.0
110.7
24.0
23.9
24.1
24,2
3.5
3.2
3.1
3.0
51.9
50.4
51.2
58.0
26.3
26.3
25.6
25.4
14,1
13.0
13.9
13,5
39.5
39.6
38.4
39.0
10.8 n'i
11.5 j ii!s
11.5 11.4
11.7 11.5
4.9
5,1
5.0
5.3
1.9
2.0
2.0
1.9
114.0
118.9
119.4
113.9
23.7
24.2
24.1
24.0
2.4
2.1
1.7
1.5
62.7
67.5
G8,7
62.8
25.2
25.1
25.0
25.6
14.0
13.6
14.3
12.8
11.9
39.0
39.1
33.4
34.6
33.1
12.0
12.7
13.1
13.8
13.4
11.4
11.5
12,2
12.1
11.7
6.1
6.3
5.9
6.1
6.1
1.9
2.1
2.2
2.2
2.1
114.9 i 24.1
115.7
23.6
23.8
106.3
24.2
106.6
103.8
23.7
1.4
1.1
1.3
1.5
1.7
63.0
65,9
56.9
57.2
55,8
26.4
25.1
24.3
23.8
22.6
i The figures on this and the following page represent a partial analysis, available only from January 3, 1940, of the figures appearing on preceding pages of thia table under the headings "other Europe," "Latin America," and "Asia."
INTERNATIONAL FINANCIAL STATISTICS
595
NO. 161-SHORT-TERM FOREIGN LIABILITIES AND ASSETS REPORTED BY BANKS IN THE UNITED STATES,
BY COUNTRIES, MONTHLY, MAY 1929-JUNE 1931; WEEKLY, JULY 1931-DECEMBER 1941-Continued
ASSETS-SUPPLEMENTARY DATA-Continwd
[Reported by banks in United States, In millions of dollars]
6 Latin American countries
5 European countries
Date
Total
1941—Jan. 8
Jan. 15
Jan. 22
Jan. 29
Belgium
Denmark
Finland
Norway
Sweden
Total
4 Asiatic countries
Pan-
Argentina
BraT
zil
Mex-
Chile Cuba
ico
ama
and
Total
China
Philippine
Hong
Kong Japan Islands
C, Z.
5.6
5.5
5.7
5.6
1.5
1.5
1.5
1.4
.3
.3
.3
.3
18
1.8
18
1.9
.9
,9
9
.8
1.1
1.1
1.2
1.2
78.6
78.7
79.7
80.0
11.7
11.5
11.4
11.1
33.6
33.4
34.3
34.0
13.5
14.4
14.4
14.9
11.6
11.5
11.8
11.8
6.2
6.0
5.9
6.1
2.0
2.0
2.0
2.1
106.1
106.0
120.2
117.9
23.3
24.1
24.1
24.2
1.2
1.2
1.1
1.1
60.1
59.7
74.6
71.8
?,1 6
21,0
20 5
20.7
Feb. 5
Feb. 12
Feb. 19
Feb. 26
5.5
5.7
5.6
5.6
1.3
1.4
1.4
1.5
.3
.3
.3
.3
1.9
1.9
1.9
1.9
.8
.8
.8
.8
1.2
1.3
1.3
1.2
78.7
76.4
70.5
68.3
10.1
10.7
10.0
10.0
33.6
30.8
25.9
24.4
15.4
14.7
14.9
14.3
11.2
11.4
11.0
11.3
6.1
6.5
6.4
5.9
2.3
2.3
2.3
2.4
120.3
126.7
123.6
114.2
23.8
23.4
23.8
23.5
.8
.9
.9
.9
74.0
80.2
77.5
68.3
21.7
22.2
21.3
21.5
Mar.
Mar.
Mar.
Mar.
Apr.
5.0
4,9
4.9
4.7
4.8
1.3
13
1.3
1.3
1.3
.1
.1
.1
1.9
1.9
1.9
1.9
1.9
.7
7
.7
.7
.7
1.0
1.0
1.0
.8
.9
69.5
72.9
73.1
72.1
71.1
10.4
10.2
10.2
10.2
10.4
25.1
29.9
29.8
30.5
30.0
14.2^ 11.3
13 6 10.6
13.7 11.4
13.0 10.5
12.2 10.7
5.9
5.5
5.4
5.4
2.5
2.6
120.8
124.6
2 . 5 ' 124.0
2.4 122.7
2.5 115.2
23.5
24.4
25.0
24.6
26.5
.9
.8
.9
.9
.9
73.9
76.6
77.4
77.5
67.3
22.6
22.7
20,6
19.6
20.4
4.8
5.3
.5
.4
1.3
1.3
13
1.3
2.0
1.9
19
1.9
.7
.7
7
.7
.7
1.4
6
.6
73.5
72.3
71 3
69.0
11.8
11.0
11 1
10.8
31.1
29.6
29 1
28.1
11.7
11.8
12 1
12.0
11.0
11.4
10 9
10.3
5.4
6.1
2.5
2.5
57
2 5
2.5
115.9
106.3
103.2
97.0
25.5
26.2
26.9
26.1
1.0
.9
1.0
1.0
68.9
57.6
53.8
46.9
20.6
21.6
21.6
23,0
7
14
21
28
.4
.5
.4
.2
1.3
1.3
1.3
1.0
1.9
1.9
1.9
1.9
.6
.7
.6
.6
.6
.7
.6
.6
66.6
67.0
67.6
67.4
11.4
12.1
12.4
12.7
25.4
24.3
25.0
24.1
11.7
11.9
12.0
12.2
10.0
10.0
9.9
9.7
5.7
6.4
6.2
6.0
2.3
2.3
2.2
2.7
99.7
100.6
98.4
98.0
27.8
28.9
28.7
29.2
2.1
2.8
2.7
2.7
47.7
47.7
44.4
41.1
22.0
21.2
22.7
25.0
June 4
June 11
June 18
June 25
July 2
.4
.4
.5
4.4
4.4
1.2
1.2
1.2
1.1
1.1
1.9
1.9
2.0
2.0
2.0
.6
.6
.6
.6
.6
.7
.6
.6
.6
.6
69.0
67.4
69.2
69.8
69.5
12.3
12.0
11.9
12.4
12.6
25.6
25.4
26.8
26.0
25.4
12.5
12.5
12.5
12.9
13.2
9.9
9.5
9.6
9.8
9.8
6.5
5.5
5.9
6.1
5.9
2.3
2.5
2.5
2.6
2.7
90.1
83.5
79.6
76.7
78.2
30.5
30.9
31.0
30.6
31.1
2.7
2.9
2.8
3.0
2.7
31.3
25.3
20.4
16.8
17.3
25.6
24.4
25.4
26.3
27.1
July 9
July 16
July 23
July 30
4.5
4.4
4.4
4.4
11
1.1
1.1
1.1
20
2.0
2.0
2.0
6
.6
.6
.6
.7
.6
.6
.6
68.2
68.6
68.7
72.4
12 2
12.1
12.4
13.8
25 7
26.2
25.9
27.3
12 9
12.8
12.9
13.5
9.8
9.9
9.8
5.1
5.2
5.3
5.6
2.5
2.5
2.4
2.3
73.0
76.2
83.0
90.6
29.2
29.7
31.7
34.1
2.8
2.9
3.1
3.0
16.3
19.0
22.9
27.1
24.7
24.6
25.3
26.4
Aug. 6
Aug. 13
Aug. 20
Aug. 27
Sept. 3
4.5
4.4
4.3
4.3
4.3
1.1
1.1
1.1
1.1
1.1
2.1
2.0
2.0
2.0
2.0
.6
.6
.6
.6
.6
.7
,6
.6
.6
.6
73.1
74.1
71.9
73.5
73.3
14.0
14.5
14.3
13.1
12.7
12.0
12.6
12.7
10.6
13:8
14.3
27.1
29.0
28.3
28.1
27.8
9.0
8.9
9.2
9.5
6.0
6.6
6.7
7.1
6.8
2.3
2.2
2.2
2.1
2.2
88.8
84.1
82.9
84.1
84.6
32.7
31.5
30.3
30.6
30.7
3.1
3.2
3.2
3.4
3.4
26.2
22.8
22.6
22.6
22.5
26.6
26.7
26.8
27.5
28.0
Sept. 10
Sept. 17.___
Sept. 24....
Oct. 1
4.3
4.3
4.2
4.2
1.1
1.1
1.1
1.1
2.0
2.0
2.0
2.0
.5
.5
.5
.5
.7
.7
.6
.6
68.2
67.9
70.8
71.1
14.2
13.9
16.0
15.6
23.2
22.9
24.2
24.4
12.6
13.2
13.4
13.5
9.3
8.8
8.9
9.1
6.8
7.2
6.4
6.5
2.1
2.0
1.9
1.9
83.4
81.9
80.9
81.2
29.8
29.3
29.2
29.4
3.2
3.1
3.1
3.1
22.5
22.3
21.6
21.5
27.9
27.2
27.0
27.3
Oct. 8
Oct. 15
Oct. 22
Oct. 29
4.3
4.2
4.2
4.1
1.1
1.1
1.1
1.0
2.0
2.0
2.0
2.0
.5
.5
.5
.5
.6
.6
.6
.6
73.5
73.0
73.5
73.2
15.1
15.0
14.4
14.4
26,6
24.9
26.5
25.3
14.4
14.6
14.7
15.1
8.5
8.5
8.7
8.9
6.8
7.9
7.2
7.3
1.9
2.1
2.0
2.2
79.7
78.9
79.0
80.0
29.0
28.7
28.6
29.2
2.8
2.8
2.8
2.9
21.0
20.5
20.4
20.4
26.9
26.9
27.3
27.5
Nov. 5
Nov. 12. _
Nov. 19
Nov. 26.. _ _
Dec. 3
4.3
4.3
4.3
4.2
4.0
1.1
1.1
1.1
1.1
1.1
')
')
1.9
1.9
1.9
1.9
1.9
.5
.5
.5
.5
.5
.8
.8
.8
.7
.6
81.9
80.3
81.4
85.7
86.9
14.2
14.9
14.6
16.0
15.9
34.4
33.5
34.4
35.7
37.9
15.2
13.8
14.5
14.9
14.7
9.1
8.9
9.0
9.8
9.2
7.0
7.0
6.7
7.0
6.8
2.2
2.2
2.2
2.2
2.4
81.2
75.3
76.2
75.7
77.0
29.0
26.8
26.9
26.9
27.0
2.9
2.9
3.5
3.0
3.1
22.5
20.0
19.9
19.8
20.0
26.9
25.6
25.9
26.1
27.0
Dec.
Dec.
Dec.
Dec.
4.1
4.1
4.3
4.1
1.1
1.1
1.1
1.1
0)
0)
0)
0)
1.9
1.9
1.9
1.9
.5
.5
.5
.5
.6
.6
.8
.6
86.0
87.9
89.3
90.9
17.1
16.2
17.1
16.8
35.4
36.6
36.7
38.0
14.7
14.6
14.6
14.9
9.3
10.9
11.1
11.3
7.1
7.2
7.5
7.6
2.3
2.4
2.4
2.4
23.9
73.0
72.9 i 23.6
71.8 1 23.6
23.5
68.4
3.1
3.1
3.1
3.1
18.9
18.9
18.9
18.9
27.2
27.2
26.3
23.0
5
12.. _
19
26...,
2
Apr. 9
Apr. 16
Apr. 23
Apr 30
May
May
May
May
10
17
24
31. _„;.
iLess than $50,000.
h
.1
.1
.1
.1
.1
0)
0)
0)
(J)
1)
1}
(1)
0)
.1
.1
.1
6)
0)
0)
i)
i)
o.
i)
i)
!)
0)
0)
0)
1)
1)
10.0
5 9
5.4
BANKING AND MONETARY STATISTICS
596
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941
TOTAL CAPITAL MOVEMENT, BY TYPES
[Net movement from United States, (—}. In millions of dollars]
Increase in foreign banking
funds in U. S.
From Jan. 2, 1935, through-
Total
Total
1935-Jan. 9
.____
Jan. 16. . — _ _ _ _ _ _ _ _ — _ _ _ _ _ _ _ _ _ _ _ _ _
Jan. 23.._..„____ — _ _ _ _ _ _ — _ _ _ . '
Jan. 3 0 _ — _ _ — _
_________
Central
bank
fundi
in N. Y. C.
Other
Decrease
in U.S.
banking
funds
abroad
Foreign
securities:
Return
of U. S.
funds
Domestic
securities:
Inflow of
foreign
funds
Inflow In
brekerage
balances
8.2
23.2
100.7
119.5
2.3
-12.6
12.7
52.3
-.2
-5.3
1.9
-12.0
12.9
57.6
-1.1
17.9
60.2
34.1
2.8
9.2
12.7
15.4
1.6
6.6
11.3
14.0
2.6
2.0
3.7
3.7
179.7
212.6
220.7
216.0
57.8
66.3
60.6
46,3
-5.8
-5.6
-5.6
-4.9
63.6
71.9
66.2
51.2
103.0
111 0
121.3
19.1
19.3
25.2
25.2
17.2
19.0
16.8
12.3
3.3
5.0
7.0
10.9
218.8
222.3
236.9
254.3
259.5
42.5
31.1
29.8
38.6
57.7
-3.0
-1.8
-3.0
.5
-2.0
45.5
32.9
32.8
38.1
59.7
128.8
149.1
165.3
177.5
155.0
27.2
26.7
25.5
23.1
31.8
6.5
0)
-4.0
13.7
15.4
20.2
21.7
21.1
Apr. 1 0 . _ _ _ _ _ _ — _ _ _ — _ . _ _ — ._
319.1
Apr. 17_._____ — _ _ _ _ _
„_—
348.0
Apr. 2 4 _ . _ _ - _ _ _ _ — _ _ _ _ _ _ _
„„__
391.4
May ! _ _ _ _ —
„
_ _ _ _ _ 349.1
96.0
-1.5
2.8
4.5
-4.2
84.4
85.5
91.5
74.0
188 4
206.7
243.6
231.4
31.0
34.6
33.7
32.9
-4.1
-3.3
-2.9
20.9
21.7
21.0
21.8
-.8
2.8
27.7
80.6
99.4
136.5
258.9
241.8
244.2
223.7
168.0
33.3
31.2
30.8
30.3
-7.4
-7.5
-1.0
2.0
21.9
20.9
20.3
20.7
Feb. 6 _ _ _ _ .
Feb. 13
Feb. 20..
Feb. 27,
Mar.
Mar.
Mar.
Mar.
Apr.
„___
_____
—_
__
6__.-__________
13
20..._
.__
27... —
___
3.... —
_— _ _ _ . _
_„__
May 8
__ — „ _ _ _ _ _ _ _ _ _ — _ _
May 1 5 . . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
__„
May 2 2 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
___
May 29...
366.2
387.4
413.1
507.7
76.6
98.6
139.3
286.6
JuneS
_
__„
June 12
June 19
June 2 6
__ _ ___
July 3 . . . . . _ _ _ _ _ — _ _ —
552.8
609.6
633.7
633.0
616.0
268.0
240.3
244.0
242.2
213.8
2.4
1.1
8.0
4.5
6.1
265.6
239.2
236.0
237.7
207.7
209.9
288.2
306.1
310.7
312.8
39.2
42.1
41.7
40.4
43.7
9.3
12.5
13.2
12.8
15.8
26.4
2B.5
28.7
27.1
29.8
638.2
663.9
676.9
683.3
232.2
239.4
241.1
237.8
5.3
5.0
5.6
3.6
226.9
234.4
235.5
234.2
319.0
332.6
338.2
335.6
44.0
43.0
43.9
45.3
16.2
24.1
28.1
39.1
26.8
24.8
25.6
25.4
687.5
722.7
755.0
770.1
222.1
253.9
328.8
334.5
2.5
4.4
3.2
-.5
219.6
249.5
325.6
335.0
344.4
340.6
354.9
360.0
50.2
-15.2
47.8
49.6
59.7
66.8
69.5
23.6
18.4
19.8
20.4
Sept. 4
____
_.__
767.3
Sept. 11
___
_ _ _ _ _ 778.0
Sept. 1 8 _ _ _ — _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
785.3
Sept.25_______________
831.1
Oct. 2 _ _ _ _
_
899.4
283.5
289.5
274.8
326.0
350.7
.2
-.2
2.2
-4.5
283.3
290.5
275.0
323.8
355.2
396.3
396.8
390.1
374.7
388.6
-9.7
-7.2
15.8
17.9
40.1
72.6
75.5
79.6
82.7
90.3
24.6
23.5
25.1
29.8
Oct. 9...,
Oct. 16
_____-__„__
Oct. 2 3 _ _ _ _ _ _ „ _ — „ _ _ _
Oct. 30
__„____
966.8
1,052.9
1,104.8
1,132.4
422.1
478.8
514.1
520.6
-3.9
4.4
3.2
6.0
426.0
474.4
510.9
514.6
372.9
393.6
389.6
302.8
43.6
48.7
52.6
56.0
97.5
104.7
124.9
142.6
30.7
27.1
23.7
20.5
_ _ _ _ _ 1,129.9
1,156.0
1,198.0
__„
1,258.2
514.5
536.8
550.9
644.9
3.8
7.1
12.9
24.8
510.7
529.7
538.0
620.1
386.9
371.3
362.2
293.1
55.0
55.5
62.3
65.0
154.2
177.2
216.6
249.6
19.3
15.1
5.9
5.5
_.
1.347.6
1,382.4
1,392.1
1,419.2
1,412.5
662.8
637.1
622.9
630.4
.603.3
19.9
12.4
13.4
13.5
642.9
624.7
609.5
616,9
593.5
330.3
350.1
354.9
356.4
361.4
87.5
105.7
113.8
120.3
125.2
253.9
283.2
290.6
302.7
316.7
13.2
1,449.3
1,458.2
1,464.5
1,451.4
616.4
621.9
667.1
656.5
17.3
24.7
28.3
31,3
599.1
597.2
638.8
625.2
390.4
387.2
382.4
102.3
61.6
58.9
336.2
336.7
342.0
347.1
4.5
6.8
6.6
6.5
______
_'__„_
1,462.8
1,454.3
1,470.3
1.499.1
608.9
590.3
583.3
585.2
52.9
50.5
32.8
34.3
556.0
539.8
550.5
550,9
387.4
392.3
400.4
407.2
104.2
106.8
104.9
105.7
355.8
363.0
384.9
400.5
6.5
1.9
-3.2
A
_
__
______
1,496.6
1,497.0
1,503.6
1,515.0
1,511.1
576.3
589.4
582.0
580.2
578.4
30.0
45.2
47.7
45.0
44.4
546.3
544.2
534.3
535.2
534.0
406.6
401.7
402.3
403.6
390.3
107.9
98.7
103.2
106.3
114.4
402.3
406.1
410.0
424.5
427.6
3.5
1.1
6.1
.5
.4
_
___
—,____
July 10_.
._
__
July 17...
_.____ —
July24_______________
July 31
.._—_
Aug. 7__
Aug. 14
Aug. 21.
Aug. 28
Nov.
Nov.
Nov.
Nov.
6
13
20
27,__
______
______
______
_____
._.___.___
______
_______
________
_____
______
__„
_________
...
_____„
__
Dec. 4
Dec. 11
Dec. 18__
Dec; 25
1936—Jan. 1
Jan.
Jan.
Jan.
Jan.
8
15
22
29__
__
_
_
_______
._
________
„„_______
___
_
__
Feb. 5,
Feb. 12.
.._____
Feb. 19.
_._
_„
Feb. 26:.—...
Mar.
Mar.
Mar.
Mar.
Apr.
_•__
__
4_.___
11
18
25
1
__
_____
,
„__
i Outflow less than $50,000.
__
_.__
__
-4.0
-1.0
-14.3
9.5
6.0
INTERNATIONAL FINANCIAL STATISTICS
597
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
TOTAL CAPITAL MOVEMENT, BY TYPES-Continued
[Net movement from United States, ( —). In millions of dollars]
Increase in foreign banking
funds in U. S.
Total
From Jan. 2, 1935, through—
Total
Central
bank
funds
i n N . Y. C.
Other
Decrease
in U. S.
banking
funds
abroad
Foreign
securities:
Return
of U. S.
funds
Domestic
securities:
Inflow of
foreign
funds
Inflow in
brokerage
balances
1,531.1
1,572.2
1,583.8
1,598.8
571.8
597.5
596.9
634.2
52.0
64.7
66.7
63.8
519.8
532.8
530.2
570.4
401.7
404.6
404.2
391.7
112.0
109.3
111.7
88.5
445.7
456.3
468.0
477.0
-.1
4.5
2.9
7.4
1,620.6
1,659.1
1,716.5
1,734.3
1,762.5
686.2
694.1
696.4
702.8
731.5
63.1
64.5
66.0
35.7
34.2
623.1
629.6
630.4
667.1
697.3
357.4
375.9
417.8
426.4
401.3
97.9
103.6
111.2
115.2
138.6
462.0
469.0
474.1
475.1
473.5
17.1
16.5
17.1
14.7
17.6
June 10
June 17
June 24
July 1
1,842.5
1,930.5
1,968.5
1,949.2
796.3
840.1
829.2
779.0
42.2
41.4
37.1
35.9
754.1
798.7
792.1
743.1
389.4
417.3
448.4
449.0
143.3
150.7
155.0
180.5
495.2
502.9
515.8
524.1
18.3
19.4
20.1
16.5
JulyS
July 15
July 22
July 29
1,973.5
1,991.7
2,009.2
2,021.2
778.1
770.5
766.5
761.3
41.2
41.0
42.3
41.6
736.9
729.5
724.2
719.7
459.4
465.4
467.6
469.2
187.3
200.8
205.3
210.0
528.7
535.9
549.3
562.8
20.0
19.1
20.5
17.9
Aug. 5
Aug. 12
Aug. 19 Aug. 26
Sept. 2
2,034.2
2,064.1
2,095.8
2,125.4
2,141.6
761.6
786.3
788.9
803.9
756.4
55.7
70.9
75.6
83.8
34.9
705.9
715.4
713.3
720.1
721.5
470.6
468.2
482.0
485.8
519.5
215.2
218.5
222.8
226.4
254.2
566.8
571.1
582.6
591.3
596.3
19.9
20.1
19.6
18.2
15.2
Sept. 9,
Sept. 16 Sept. 23
Sept. 30
2,173.3
2,186.3 I
2,233.6
2,283.3
777.2
776.5
819.8
898.5
44.5
41.3
49.6
37.4
732/.7
735.2
770.2
861.1
519.5
512.1
497.2
456.2
259.1
263.0
265.6
272.2
600.6
614.5
631.6
633.3
16.9
20.1
19.3
23.2
Oct.
Oct.
Oct.
Oct.
7
14_.___.
21
28______
2,380.8
2,423.7
2,445.5
2,466.6
919.6
931.4
903.1
895.9
60.8
78.1
48.6
50.4
858.8
853.3
854.5
845.5
502.6
494.5
491.7
485.5
278.8
279.5
286.1
293.4
665.8
706.4
752.5
778.1
14.0
12.0
12.0
13,7
Nov. 4, .
Nov. 11.
Nov. 18
Nov. 25
Dec. 2
_
2,469.1
2,517.6
2,506.9
2,523.6
2,540.2
860.9
862.9
849.7
882.5
888.8
32.4
33.6
37.7
51.0
47.0
828.5
829.3
812.0
831.5
841.8
484.8
488.2
473.2
444.4
444.2
300.3
300.7
301.6
300.3
298.1
810.4
858.1
867.7
878.8
890.2
12.7
7.7
14.7
17.6
18.8
Dec.
Dec.
Dec.
Dec.
2,547.9
2,584.2
2,576.6
2,608.4
906.4
926.0
911.5
930.5
50.9
46.1
72.3
81.1
855.5
879.9
839.2
849.4
441.4
444.4
430.4
431.5
299.0
300.9
306.5
316.2
881.0
895.6
911.7
017.4
20.1
17.3
16.4
12.9
2,620.3 !
2,615.8 1
2,653.0
2,681.0
2,718.3
924.0
906.9
931.6
1,026.8
1,051.4
78.7
75.5
79.0
57.4
58.6
845.3
831.4
852.6
969.4
992.8
433.8
434.6
427.5
423.8
420.8
328.3
333.4
337.4
264.3
266.9
918.5
927.9
948.9
957.9
968.3
15.6
13.0
7.6
8.1
10.9
2,738.1
2,775.3
2,809.2
2,830.1
1,056.8
1,067.3
1,136.8
1,094.8
84.8
93.5
104.6
90.6
972.0
973.8
1,032.2
1,004.2
420.9
434.0
429.9
427.0
259.2
262.3
225.6
277.9
1,000.4
1,004.3
1,014.5
1,025.7
.9
7.3
2.3
4.7
193g — Apr 8
Apr. 15
Apr 22
Apr. 29 ...
May 6
May 13
May 20
' May 27
June 3
-.
-
_.
.
-
„
9 „.
16
23
30
1937— Jan. 6
Jan. 13
Jan. 20. ._ _
Jan. 27
Feb. 3
1
1
Feb.
Feb.
Feb.
Mar.
10
17_..___
24.
3
Mar.
Mar
Mar
Mar.
10
17
24
31 ....
2,875.5
2,901.3
2,924.1
2,931.4
1,102.9
1,100.0
1,110.6
1,121.6
64.3
73.1
100.7
62.8
1,038.6
1,026:9
1,009.9
1,058.8
437.4
417.2
431.0
411.0
283.7
313.9
317.1
319.1
1,054.4
1,064.7
1,062.1
1,075.7
-2.9
5.6
3.3
4.1
Apr.
Apr.
Apr.
Apr.
7
14
21._____
28 .....
2,962.3
3,041.7
3,075.5
3,113.3
1,140.0
1,185.9
1,223.5
1,278.8
89.5
84.9
93.8
88.9
1,050.5
1,101.0
1,129.7
1,189.9
408.6
428.3
433.7
422.3
329.2
334.8
335.5
339.1
1,083.5
1,084.0
1,075.4
1,063.7
1.0
8.6
7.2
9.4
3,151.1
3,198.6
3,237.4
3,306.5
3,342.3
1,321.3
1,353.8
1,376.5
1,438.0
1,436.2
97.7
99.0
120.5
125.7
136.5
1,223.6
1,254.8
1,256.0
1,312.3
1,299.7
443.9
452.9
467.5
463.4
459.2
329.8
331.9
335.6
338.9
374.4
1,040.8
1,050.2
1,044.8
1,053.6
1,058.3
15.2
9.9
13.0
-12.4
14.2
3,412.8
3,499.5
3,562.5
3,561.9
1,490.3
1,559.0
1,615.6
1,612.4
157.6
183.7
208.9
215.3
1,332.7
1,375.3
1,406.7
1,397.1
460.3
462.8
473.9
466.4
383. 1
388.6
391.5
395.2
1,064.1
1,069.9
1,062.9
1,069.5
15.0
19.2
18.6
18.3
May 5
May 12
May 19
May 26
June 2
...
..
June 9___
June 16
June 23
June 30
,
"
___
BANKING AND MONETARY STATISTICS
598
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
TOTAL CAPITAL MOVEMENT, BY TYPES-CtitiRwd
[Net movement from United States, (—}. In millions of dollars]
Increase in foreign banking
funds in U. S.
Total
From Jan. 2, 1935, through—
Total
_
Sept. 8
Sept. 15
Sept. 22
Sept. 29
1,442.2
1,442.9
,467.4
,451.9
457.0
465.6
476.0
483.0
398.7
402.2
403.7
408.0
1,065.7
1,073.5
1,076.4
1,091.5
20.0
18.2
17.6
14.1
3,732.5
3,767.9
3,795.1
3,820.5
3,826.4
1,718.7
1,712.8
1,716.6
1,722.4
1,706.1
281.2
295.4
305.3
317.6
314.6
,437.5
,417.4
,411.3
,404.8
,391.5
468.3
491.8
517.0
523.8
511.2
431.9
437.1
442.4
447.1
479.4
1,099.3
1,107.4
1,108.1
1,114.0
1,114.8
14.3
18.7
11.0
13.3
14.9
3,839.1
3,898.6
3,879.3
3,911.9
1,712.1
1,728.1
1,721.4
1,743.6
329.0
335.5
352.7
364.6
,383.1
,392.6
,368.7
,379.0
509.3
529.3
513,2
518.1
484.4
490.5
492.6
493.3
1,117.8
1,130.1
1,125.4
1,125.1
15.5
20.5
26.8
31.9
3,925.9
3,884.1
3,840.8
3,811.9
3,773.8
1,714.6
1,684.2
1,632.0
1,594.4
1,531.6
409.2
409.1
398.8
391.3
378.4
,305.4
,275.1
,233.2
,203.1
,153.2
525.4
522.7
524.2
516.5
514.0
522.9
524.9
531.1
535.3
554.8
1,122.7
1,110.1
1,106.4
1,110.3
1,123.8 1
40.3
42.2
47.2
49.4
49.6
___..
3,692.4
3,645.2
3,624.9
3,613.5
1,490.6
1,431.1
1,407.8
1,392.3
406.9
375.9
372.6
375.3
,083.7
,055.2
,035.2
,017.0
473.7
477.5
480.9
472.8
559.5
563.2
566.1
571.6
1,119.6
1,125.0
1,121.5
1,128.4
49.0
48,5
48.7
48.4
.....
3,519.7
3,518.3
3,454.6
3,410.3
1,294.4
1,278.8
1,108.6
1,168.5
328.2
318.1
248.9
243.9
966.2
960.7
949.7
924,6
466.5
469.4
475.3
449.1
574.5
577.4
581.2
583.2
1,134.5
1,143.2
1,151.3
1,162.0
49.8
49.5
48.2
47.5
3,389.5
3,394.9
3,372.2
3,367.7
3,339.2
1,157.7
1,129.2
1,102.6
1,092.7
1,059.7
248.7
249.9
242.7
233.8
225.4
909.0
879.3
859.9
858.9
834.3
426.3
462.3
461.3
465.2
465.1
589.8
588.0
590.8
591.8
592.4
1,163.9
1,164.9
1,168.0
1,167.9
1,170.2
51,9
50.5
49.5
50.1
51.9
3,310.7
3,289.1
3,284.3
3,233.9
1,025.4
1,010.6
1,009.7
974.4
221.1
216.9
212.2
186.6
804.3
793.7
797.5
787.8
475.8
468.6
466.7
457.4
591.1
595.9
597.1
601.1
1,165.2
1,160.6
1,159.8
1,150.1
53.3
53.4
51.1
51.0
3,218.1
3,205.1
3,221.3
3,207.2
962.4
948.0
949.0
949.8
179.8
169.0
154.2
149.9
782.6
779.0
795.4
799.9
449.7
452.1
458.8
434.4
604.1
605.9
612.6
618.5
1,150.7
1,147.9
1,148.7
1,150,4
51.2
51.2
51.6
54.2
3,179.5
3,184.1
3,194.0
3,206.2
899.1
894. 8
892.7
897.6
147.7
145.0
159.8
150.9
751.4
749.8
732.9
746.7
445.1
449.0
454.5
459.6
625.5
626.7
627.5
628.7
1,150.3
1,152.3
1,159.2
1,160.8
59.5
61.2
60.1
59.5
3,168.1
3,123.8
3,109.8
3,110.6
3,084.1
863.9
831.4
817.3
824.6
804.4
142.2
153.2
150.4
142.7
137.6
721.7
678.2
666.9
681.9
666.8
446.9
437.8
434.4
427.3
419.3
639.0
639.6
643.4
643.4
643.2
1,159.4
1,156,9
1,156.5
1,156.0
1,156.4
58.8
58.1
58.2
59.3
60.8
3,077.4
3,070.3
3,059.0
3,045.8
790.5
787.6
793.2
786.2
138.1
139.4
143.4
125.9
652.4
648.2
649.8
660.3
425.7
426.1
411.1
403.3
644.1
642.4
640.7
643.1
1,155.7
1,152.8
1,154.9
1,155.3
61.4
61.4
59.1
57.8
3,038.1
3,015.6
3,020.2
3,005.1
3,017.3
765.9
737.6
740.2
740.7
751.3
121.8
116.7
114.1
120.1
122.6
644.1
620.9
626.1
620.6
628.7
426.1
429.8
435.1
438,1
445.2
625.5
626.9
625.3
618.9
618.2
1,161.3
1,160.8
1,157.6
1,149.7
1,143.0
59.3
60.4
62.1
57.7
59.6
3,021.5
3,023.8
3,061.9
3,084.7
761.8
770.2
794.6
820.6
124.1
121.5
122.9
129.0
637.7
648.7
671.7
691.6
447.9
445.7
461.6
460.6
616.9
615.6
618.0
617.6
1,136.8
1,131.8
1,128.4
1,125.3
58,1
60.5
59.2
60.6
3,146.1
3,298.7
3,435.9
3,472.0
879.6
1,025.4
1,146.2
1,180.2
142.3
171.3
200.5
187.0
737.3
854.1
945.6
993.2
462.7
469.1
472.9
477.2
621.4
622.5
625.1
625.0
1,123.6
1,120.6
1,129.3
1,125.4
58.8
61.1
62,5
64.1
„
__ _ _ _ _
8
15
22. _ _ . _
29
_____
.„
....._
_.
._..„--,
1938— Jan. 5. .
Jan 12
Jan. 19
Jan 26
Feb. 2. _.
._
„_ .
_
Feb 9
Feb. 16.... „.
Feb. 23
Mar. 2
.___
Mar, 9
Mar. 16
Mar. 23
Mar. 30
'
....
Apr.
Apr
Apr.
Apr
„___
'
6
13
20 ._
27
May 4
May 11.
May 18
May 25
June 1
June 8. . _
June 15
June 22
June 29
July 6
July 13..
July 20
July 27
Aug 3
Aug
Aug.
Aug
Aug.
Inflow in
brokerage
balances
231.3
233.5
244.7
269.8
_„._
Nov. 10
Nov. 17
Nov. 24
Dec 1
Dec.
Deo
Dec.
Dec
Domestic
securities:
Inflow of
foreign
funds
1,673.5
1,676.4
1,712.1
1,721.7
July 14
July 21
July 28
Oct 6
Oct. 13
Oct. 20
Get 27
Nov. 3
Other
Foreign
securities:
Return
of U. S.
funds
3,614.8
3,636.0
3,685.8
3,718.4
1937— July 7 ,
Aug. 4
Aug. 11
Aug. 18
Aug 25
Sept. 1
Central
bank
funds
in N. Y. C.
Deorease
in U. S.
banking
funds
abroad
10
17
24
31
Sept. 7
Sept 14
Sept 21
Sept. 28
_____
_.__ ,
_________
0_
_
__
599
INTERNATIONAL FINANCIAL STATISTICS
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
TOTAL CAPITAL MOVEMENT, BY TYPES-Continned
[Net movement from United States, (—). In millions of dollars]
Increase in foreign banking
funds in U. S.
From Jan. 2, 1935, through—
Total
Total
Central
bank
funds
in N. Y. G.
Other
Decrease
in U. S.
banking
funds
abroad
Foreign
securities:
Return
of U. S.
funds
Domestic
securities:
Inflow of
foreign
funds
Inflow in
brokerage
balances
3,540.4
3,567.1
3,669.6
3,691.6
3,671.7
1,227.2
. 1,223.6
1,315.3
1,318.3
1,291.7
207.7
209.6
231.8
224.7
213.9
1,019.5
1,014.0
1,083.5
1,093.6
1,077.8
472.4
488.0
486.7
496.3
492.3
635.5
637.0
640.1
638.4
643.6
,142.6
,161.1
,170.2
,182.4
,190.7
62.6
57.4
57.2
56.2
53.4
3,663.7
3,692.5
3,736.6
3,745.9
1,303.1
1,331.3
1,401.0
1,421.7
246.5
229.6
259.5
249.6
1,056.6
1,101.6
1,141.5
1,172.1
489.6
485.3
489.4
472.7
627.1
629.2
596.2
598.4
,192.2
,197.4
,199.0
,201.5
51.8
49.4
51.1
51.5
3,759.0
3,729.4
3,796.4
3,825.6
3,844.5
1,441.6
, 1,429.8
1,447.2
1,470.8>
1,425.4
271.0
222.6
242.1
254.3
238.5
1,170.6
1,207.2
1,205.1
1,216.5
1,186.9
453.5
442.7
482.1
478.1
510.1
604.6
605.3
608.7
610.0
641.8
1,207.6
1,199.8
1,210.5
1,219.2
1,219.7
51.7
51.7
48.0
47.6
47.6
3,839.7
3,868.0
3,867.4
3,909.9
1,429.3
1,457.3
1,467.9
1,527.2
236.4
226.7
233,8
246.5
1,192.9
1,230.6
1,234.2
1,280.7
494.3
503.3
500.9
496.5
645.1
641.8
644.7
634.6
1,221.6
1,213.1
1,196.7
1,189.7
49.4
52.5
57.2
61.9
Feb.8__._
Feb. 15
Feb. 22,. ....... _ ..
Mar. 1
3,932.0
3,968.2
3,995.7
4,043.9
1,555.5
1,559.9
1,564.5
1,594.4
291.0
325.0
286.2
314.7
1,264.5
1,234.8
1,278.2
1,279.7
484.3
514.7
535.0
548.5
635.3
634.8
637.5
641.3
1,195.3
1,197.3
1,198.9
1,200.9
61.7
61.4
59.8
58.8
Mar. 8...
Mar. 15
Mar. 22
Mar.29___
4,054.6
4,075.6
4,144.9
4,197.6
1,609.4
1,619.7
1,701.7
1,747.6
330.0
339.0
300.7
311.4
1,279.3
1,280.8
1,401.1
1,436.2
543.3
553.4
549.5
550.5
644.5
643.6
644.3
646.7
1,198.3
1,197.8
1,182.8
1,188.9
59.2
61.1
66.5
63.9
4,308.0
4,383.7
4,469.0
4,538.1
4,583.5
1,817.5
1,877.6
1,950.7
1,991.9
2,078.4
309.1
336.4
301.7
298.4
3D4.7
1,508.3
1,541.2
1,649.0
1,693.5
1,773.6
572.0
582.2
587:5
611.8
596.1
652.6
652.9
655.3
657.5
621.8
1,200.0
1,202.1
1,202.6
1,203.9
1,212.9
65.9
68.9
72.9
73.1)
74.4
4,603.3
4,626.3
4,628.3
4,635.5
2,088.4
2,100.5
2,103.6
2,105.2
322.3
350.5
356.3
365.7
1,766.2
1,750.0
1,747.3
1,739.5
591.3
597.3
596.0
599.8
637.1
642.3
644.1
647.6
1,211.2
1,212.8
1,210.4
1,210.2
75.3
73.4
74.2
72.7
4,613.8
4,619.9
4,648.3
4,659.2
2,071.0
2,082.8
2,094.8
2,111.8
390.6
427.4
427.5
425.3
1,680.4
1,655.5
1,667.3
1,686.5
601.3
593.7
608.7
607.5
658.4
661.5
664.3
664.5
1,211.6
1,209.3
1,206.6
1,201.4
71.6
72.6
73.8
74.0
JulyS
July 12
July 19
July 26
Aug. 2
4,681.2
4,659.0
4,662.2
4,689.3
4,713.6
2,112.9
2,094.8
2,106.2
2,130.2
2,160.4
370.0
357.3
352.2
365.2
393.7
1,742.9
1,737.51,753.9
1,765.0
1,766.8
608.0
607.9
604.5
606.9
596.8
678.5
677.1
677.0
678.0
680.2
1,205.8
1,200.9
1,192.6
1,191.8
1,194.1
76.1
78.4
81.9
82.3
82.1
Aug.
Aug.
Aug.
Aug.
4,740.7
4,787.6
4,904.9
4,940.5
2,205.2
2,248.2
2,352.4
2,399.5
389:4
371.5
417.6
436.9
1,815.8
1,876.7
, 1,934.9
1,962.6
609:9
622.8
633.0
620.6
652.8
654.5
656.9
657.8
1,188.3
1,176.7
1,177.0
1,177.5
84.5
85.4
85.5
85.0
4,959.7
5,017.8
5,056.3
5,035.3
2,407.1
2,454.9
2,502.1
2,479.5
474.6
530.3
578.2
552.1
1,932.5
1,924.6
,923.9
,927.3
623.5
621.7
612.5
618.4
661.7
668t9
674.4
676.9
1,183.2
1,193.1
1,186.2
1,177.3
84.2
79.2
81.1
83.1
4,979.6
4,958.4'
4,957.2
4,966.7
4,948.6
2,454.7
2,438.8
2,428.2
2,451.6
2,437.0
551.8
531.1
509.2
509.7
565.0
,902.9
,907.7
,919.0
,941.9
,872.0
594.6
598.1
601.7
601.0
599.6
684.6
685.2
686.7
687.3
688.7
1,164.8
1,161.8
1,160.1
1,148.4
1,143.5
80,9
.74.6
80.5
78.5
79.8
8
15
22
29
4,916.4
4,954.5
4,916.4
4,974.1
2,411.5
2,432.2
2,399.3
2,448.1
560.2
551.4
504.0
506.6
,851.3
,880.8
,895.3
,941.5
597.3
618.8
615.3
622.0
690.4
693.2
694.3
695.4
1,137.3
1,131.1
1,130.6
1,131.5
79.9
79.2
76.9
77.1
Dec. 6
Dec. 13
Dec. 20.
Dec. 27
1940— Jan. 3
4,967.8
4,963.1
5,007.6
5,005.0
5,021.2
2,438.7
2,438.6
2,470.2
2,464.4
2,430.8
502.7
485.3
512.7
510.9
542.5
,936.1
,953.3
,957.5.
,953.5
1,888.3
626.8
619.7
619.6
612.8
650.4
699.0
700.7
711.8
720.1
725.7
1,127.3
1,127.6
1,127.9
1,129.6
1,133.7
75.9
76.5
78.1
78.1
80.6
1938— Oct. 5
Oct. 12
Oct. 19
Oct. 26
Nov. 2
...
Nov. 9
Nov. 16
Nov. 23
Nov. 30
Dee. 7
Dec. 14
Dec. 21
Dec. 28
1939— Jan. 4
_„
.. ___
...
Jan. 11
Jan. 18
Jan. 25
Feb. 1
_.
..
May 10
May 17
May 24
May 31
_.
_.„
_
_. ....
_
.
__
Oct. 4
Oct. 11-..
Oct. 18....
Oct. 25..
Nov. 1
Nov.
Nov.
Nov.
Nov.
.....
.
June 7.
June 14
June 21..
June 28.
Sept. 6,_
Sept. 13
Sept. 20
Sept. 27
.
__„
Apr. 5...
Apr. 12
Apr. 19
Apr. 26
May 3.
9
16
23
30...
.
.__._.„
-
BANKING AND MONETARY STATISTICS
600
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
TOTAL CAPITAL MOVEMENT, BY TYPES-Continued
[Net movement from United States, ( —). In millions of dollars]
Increase in foreign banking
funds in U. S.
Total
From Jan. 2, 1935, through—
Total
Other
Foreign
securities:
Return
of U. S.
funds
Domestic
securities:
Inflow of
foreign
funds
Inflow in
brokerage
balances
5,064.9
5,068.3
5,073.6
5,046.3
1940— Jan 10
Jan. 17
Jan 24
Jan. 31
Feb. 7
Feb. 14 „ . ,
Feb 21
Feb. 28
Mar.
Mar
Mar.
Mar
Apr
Central
bank
funds
nN.Y.C.
Decrease
in U. S.
banking
funds
abroad
.
.-...
6.
13
20
27
3
Apr. 10
Apr. 17,....
Apr. 24
May 1
.
.-
May 8
May 15...
May 22
May 29.
_
_____
_____
_
-June 5
•„.
June 12
June 19— .. „
June 26
July 3 _ _
,
.... ., _ „ _ _
-
_ _ _ _ _
2,473.5
2,487.3
2,490.0
2,471.2
558.5
554.1
561.9
552.3
1,915.0
1,933.2
1,928.2
1,918.9
644.5
636.1
640.1
626.1
731.7
733.7
736.1
73S.O
1,133.4
1,127.5
1,123.7
1,122.0
81.7
83.8
83.fi
88.2
5,036.6
5,047.1
5,041.5
5,067.6
2,463.0
2,473.0
2,457.1
2,479.3
527.4
544.3
523.9
546.8
1,935.6
1,928.7
1,933.3
1,932.5
623.3
621.5
627.0
627.7
741.0
743.3
745.5
748.7
1,122.1
1,122.6
1,123.8
1,125.0
87.3
86.7
88.1
87.0
5,038.1
5,053.4
5,095.8
5,109.1
5,115.9
2,437.6
2,461.6
2,500.2
2,522.8
2,539.0
509.2
517.8
537.4
544.4
539.1
1,928.4
1,943.8
1,962.8
1,978.4
1,999.9
638.5
633.5
638.7
636.9
631.6
752.4
755.2
757.2
758.1
761.6
1,121.1
1,113.2
1,109.4
1,104.1
1,095.0
88.4
89.9
90.2
S7.3
88.7
5,090.9
5,122.1
5,161.5
5,140.9 1
2,521.7
2,538.9
2,566.9
2,562.1
528.5
533.1
522.4
511.2
1,993.3
2,005.8
2,044.5
2,050.9
634.1
644.9
659.0
643.4
762.4
764.7
767.2
771.1
1,084.1
1,084.2
1,080.1
1,075.9
88.6
89.4
88.2
88.3
5,146.0
5,147.6
5,207.8
5,161.4
2,566.1
2,560.6
2,612.7
2,552.5
516.4
556.7
612.1
599.8
2,049.7
2,003.9
2,000.6
1,952.7
647.0
657.3
664.1
684.0
773.1
774.7
774.9
775.5
1,071.3
1,007.0
1,062.0
1,054.2
88. 5
88.0
94.2
95.1
5,194.9
5,161.5
5,368.4
5,352.6.
5,440.7
2,573.0
2,540.0
2,740.0
2,729.7
2,830.1
623.2
623.4
834.9
838.7
922.3
1,949.8
1,916.7
1,905.1
1,891.0
1,907.8
679.1
674.5
681.2
690.0
684.1
778.9
780.3
782.0
782.4
785.6
1,066.7
1,069.8
1,066.7
1,052.9
1,042.1
97.2
96:9
98.5
97.6
98.9
„
_____
...
_____
5,461.2
5,496.7
5,498.2
5,522.2
2,849.5
2,887.5
2,887.7
2,900.0
931.4
967.8
977.8
993.8
1,918.1
1,919.8
1,909.9
1,906.1
692.3
699.4
698.7
714.1
786.4
788.1
788.4
788.7
1,033.5
1,022.6
1,023.2
1,019.4
99.6
99.0
100.1
99.9
_ .-
5,614.1
5,647.4
5,687.5
5,699.3
5,699.8
2,941.2
2,984.9
3,022.5
3,034.2
3,040.7
1945.0
996.3
,018.5
,047.9
,054.7
11,996.2
1,988.6
2,004.0
1,986.3
1,986.0
764.8
769.2
774.0
778.3
773.1
789.5
790.2
790.4
790.5
790.4
1,019.0
1,004.0
1,001.4
906.5
995.1
99.6
99.1
99.1
99.9
100.5
'Sept. 11
Sept. 18..-Sept. 25
Oct. 2
S.668.4
5,751.9
5,731.9
5,748.1
3,014.1
3,087.2
3,062.6
3,092.8
,012.8
,107.7
,087.0
,112.3
2,001.3
1,979.5
1,975.5
1,980.5
768.4
773.2
782.0
773.6
790.8
791.2
791.6
793.1
995.2
999.8
995.0
987.0
99.9
100.6
100.8
101.6
'Oct. 9
Oct. 16 ... _
Oct. 23
Oct. 30
5,767.0
5,736.6
5,744.0
5,731.0
3,108.5
3,086.3
3,118.7
3,112.5
,133.6
,129.9
,140.1
,158.9
1,975.0
1,956.4
1,978.6
1,953.6
781.8
780.9
765.6
765.7
793.5
793.9
793.9
794.4
981.9
974.5
964.7
957.6
101.3
100.9
101.2
100.7
Nov. 6
Nov. 13
Nov. 20
Nov. 27
5,745.0
5,734.7
5,786.9
5,780.7
3,137.0
3,141.9
3,199.3
3,194.0
,190.7
,195.5
,248.7
,231.6
1,946.3
1,946.4
1,950.6
1,962.5
762.3
751.5
752.3
764.0
795.4
795.9
797.9
798.2
930.3
946.0
936.0
924.5
100.0
99.4
101.4
100.0
5,758.0
5,718.2
5,763.7
5,733.0
5,727.6
3,177.8
3,146.5
3,182.1
3,160.9
3,159.0
,209.1
,186.3
,209.7
,182.4
,200.8
1,968.7
1,960.2
1,972.4
1,978.5
1,958.3
763.0
757.6
771.1
771.6
775.1
800.2
801.3
802.9
802.8
803.8
917.4
913.5
907.5
896.3
888.7
99.6
99.3
100.2
101.3
100.9
___
6,704.0
5,781.3
5,747.5
5,694.5
3,152.9
3,257.6
3,255.2
3,215.9
,198.8
,301.3
,303.3
,288.2
1,954.1
1,956.4
1,951,9
1.927.7
775.8
772.2
757.1
759.9
804.6
806.4
807.6
808.1
869.4
843.3
827.8
811.9
101.3
101.7
99.8
98.8
..
5,644.3
5,609.9
5,563.8
5,564.5
3,175.9
3,156.9
3,108.1
3,102.6
,269.0
,255.0
,228.8
,243.4
1,906.9
1,901.8
1,879.4
1,859.2
763.1
754.6
764.6
776.1
809.0
810.5
811.5
812.7
799.3
792.1
783.1
775.8
97.0
95.9
96.5
97.2
5,560.8
5,592.9
5,598.8
5,567.0
5,526.5
3,128.1
3,188.0
3,202.4
3,185.2
3,148.8
,249.6
,300.1
,346.2
,325.6
,307.7
1,878.5
1,887.9
1,856.2
1,859.6
1,841.0
764.9
752.1
756.2
755.4
767.4
814.0
814.1
814.8
815.8
812.7
757.3
741.9
726.9
714.7
701.8
96.6
96.9
98.4
95.8
95.9
July
July
July
July
10_.._.__
17 .
24 _ _ _ _ _ _ _ _
31 _
Aug. 7 ..
Aug. 14
Aug. 21.,
Aug. 28
Sept. 4 ._
Dec.
Dec.
Dec.
Dec.
1941— Jan.
Jan.
Jan.
Jan.
Jan.
1
__
.
______
8
.15
___
22 ... - _
29_. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Feb, 5
Feb. 12
Feb. 19 .
Feb. 26
Mar.
Mar.
Mar.
Mar.
Apr.
.. .
4 «...
11
18
25 ...
1 ..
....
5 .____,__
12 .
19
26
2 _______
_ _________
. ... . ....
In the week ending August 7, a foreign central bank account amounting to 55 million dollars was changed to a foreign private account.
INTERNATIONAL FINANCIAL STATISTICS
601
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY I, 1935 TO DECEMBER It, Wt-Continued
TOTAL CAPITAL MOVEMENT, BY TYPES-Continufld
[Net movement from United States, (—). In millions of dollars]
Increase in foreign banking
funds in U. S.
From Jan. 2, 1935, through—
Total
Total
1941— Apr. 9
Apr. 16
Apr. 23.
Apr, 30
.-
June 4.,
June 11
June 18
June25
July 2 .
...
Aug. 6
Aug. 13
Aug. 20
Aug. 27
Sept.3__
Sept. 10
Sept. 17.
Sept. 24
Oct. 1__
Oct.
Oct.
Oct.
Oct.
8
15
22
29.
Nov.5__. ,
Nov. 12
Nov. 19
Nov. 26
_
Dec. 3
Dec.
Dec.
Dec.
Dec.
10 ,
17
24
31
Domestic
securities:
Inflow of
foreign
funds
Inflow in
brokerage
balances
__________
.,
„
.
•_______
..
,
3,273.6
3,299.2
3,279.2
3,257.3
,416.6
,434.7
,424.0
,406.4
1,857.0
,864.5
,855.2
,850.9
766.4
772.4
785.0
798.9
815.6
816.2
816.7
815.7
694.7'
691.9
686.8
682.4 ,
97.1
98.7
98.5
98.2
5,639.1
5,602.2
5,627.8
5,635.8
.
„_
July9.__
July 16
July 23
July 30
Other
Foreign
securities:
Return
of U. S.
funds
5,647.5
5,678.3
5,666.3
5,652.5
..
May 7
May 14
May 21
May 28
Central
bank
funds
in N. Y. C.
Decrease
in U. S.
banking
funds
abroad
3,243.5
3,224.2
3,252.0
3,266.4
,400.4
,414.8
1,421.2
1,417.5
,843.1
,809.4
,830.9
,848.9
791.6
792.4
794.6
794.9
832.9
833.5
834.5
835.4
673.8
655/2
649.6
641.6
97.2
96.8
97.0
97.5
5,608.9
5,602.7
5,627.8
5,620.7
5,575.4
3,235.2
3,226.9
3,249.3
3,240.9
3,193.3
1,418.6
1,401.3
1,407.9
1,410.3
1,375.1
,816.6
,825.6
,841.4
,830.7
,818.2
803.6
811.6
815.7
817.8
818.6
836.3
832.6
831.6
833.1
834.1
637,1
634.4
634.4
632.4
631.2
96.8
97.2
96.7
96.5
98.2
5,584.6
5,561.8
5,534.0
5,506.9
3,194.6
3,171.5
3,153.6
3,141.4
1,366.2
1,362.8
1,342.7
1,320.3
,828.4
,808.7
,810.9
,821.1
826.2
826.2
819.4
803.6
835.5.
837.8
838.3
838.9
630.0
628.2
624.8
623.6
98.3
98.2
97.9
99.5
5,556.1
5,535.8
5,521.2
5,467.2
5,478.3
3,185.5
3,166.9
3,156.2
3,105.5
3,113.2
1,378.9
1,369.7
1,374.2
1,318.1
1,313.3
,806.6
,797.3
,782.0
,787.4
,799.9
807.3
805.7
803.7
801.8
805.6
839.7
841.0
842.0
841.4
841.7
624.8
623.1
619.7
617.3
616.5
98.8
99.1
99.6
101.0
101,2
3,073.2
3,022.1
3,050.9
3,139.5
1,292.0
1,262.4
1,255.2
1,321.7
,781.1
,759.7
,795.6
,817.7
814.9
814.8
810.1
805.3
842.0
841.8
839,8
841.1
617.0
618.2
622,1
623.5
101.2
100.5
99.9
100.9
.
___
__
..
_.
5,448.3
5,397.3
5,422.7
5,510.3
- .
5,494.3
5,478.1
5,460.2
5,503.2
3,123.0
3,108.0
3,091.1
3,138.3
,309.3
,337.2
,291.6
,334.1
,813.7
,770.8
,799.5
,804.2
804.6
802.1
803.4
797.7
841.7
843.3
843.2
845.2
623.9
623.2
621.2
621.3
101.1
101.5
101.3
100. «
5,429.2
5,429.7
5,383.3
5,384.0
5,370.3
3,074.3
3,063.2
3,021.7
3,018.6
3,011.6
,266.7
,262.8
,208.4
,195.2
,192.2
,807.5
,800.4
,813.3 "
,823.3
,819.4
785.5
796.1
792.4
795.8
795.2
846.9
847.6
846.7
847.7
851.0
621.6
622.1
621.7
621.3
620.5
100.9
100.8
100.8
100.7
101.0
5,358.4
5,290.9
5,266.8
5,230.7
2,989.1
2,919.4
2,894.9
2,856.2
,154.1
,102.2
,075.5
,053.7
796.6
795.4
792.6
791.3
852.7
853.6
854.5
855.5
620.4
622.5
624.6
626.7
99.6
100.1
100.1
100.9
__
__'__-__
_
^____.
.
,835.0
,817.3
,819.4
1,802.6
602
BANKING AND MONETARY STATISTICS
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 1,1935 TO DECEMBER 31,1941-Continued
TOTAL CAPITAL MOVEMENT, BY COUNTRIES
[Net movement from United States, (—). In millions of dollars]
Germany
Other
Europe
Total
Europe
Canada
Latin
America
-1.2
-.9
5
.2
g
2.7
-1 5
3.6
7.4
21.6
92.8
103.1
.8
.4
4 2
1.0
18
-.7
-2
4.3
1
-.5
33
10.0
—1 9
2 4
7
1 i
2.0
6.2
.4
17
-1.4
-.9
-.6
— 9
13.1
17.7
22.3
17 6
150.4
177.5
188.7
190 6
1.0
4.3
5.3
36
11.6
11.9
12.5
14 9
15.7
18 2
13.8
7 8
1 i
6
3
— 9
4,6
4.9
1.7
1.5
7.7
2.8
3.0
4.9
1.9
3.3
-1 1
-1.7
-.7
-.9
-1.6
21.2
23.4
26.8
27.9
35.2
194.4
196.3
203.9
214.5
219.2
-1.4
-6.9
-2.9
-3.1
-10.4
18.9
20.0
19.9
22.4
27.3
7 4
12.0
14.1
18.9
18.9
— 7
.2
1.9
1.0
4.4
-3.4
13.6
26.7
29.6
16.0
14.4
16.0
15.7
2.6
3.2
4.6
4.8
-.2
-.8
-.4
-1.0
29.4
29.0
30.2
27.6
257.9
292.7
330.2
321.9
C1)
-2.7
-.2
-19.3
30.7
30.8
32.9
31.7
27.1
22.3
25.5
12.7
3.4
5.0
3.1
2.0
45.1
34.7
13.1
72.3
24 9
25.7
28.7
35.7
17 9
17.6
21.4
24.3
61
8.9
8.9
10.3
— 3
(')
-'4
29 9
36.7
37.7
40.2
331 9
343.0
360.0
448.6
-19 4
-16.8
-12.5
-8.8
33 7
35.5
34.3
34 4
16 5
23.1
28.0
30.7
3 6
2.0
2.6
2.6
304.7
293.9
306.5
308.0
307.5
56.3
112.1
120.1
119.9
114.0
38.0
51.8
45.9
49.8
48.3
31.8
30.4
29.4
27.5
27.4
13.2
12.2
13.9
16.0
15.0
-.5
7
-.2
.5
2.6
43.0
44.1
46.3
45.0
49.1
486.6
543.7
561.9
560.7
563.9
-12.4
-11.6
-8.0
-8.1
-20.4
36.3
39.7
38.3
40.0
38.4
37.2
32.7
34.3
29.4
29.4
5.0
5.2
7.2
.9
.7
638.2
663.9
676.9
683.3
318.1
330.8
326.9
328.2
116.0
119.4
118.5
117.7
47 8
50.6
56 1
47.6
25 8
26.2
27 1
29.5
15 0
17.2
19 5
22.8
*
30
2.2
6
2 9
51.3
53.4
53 8
55.2
577.0
599.8
602.5
603.9
-23.0
-20.9
-18.9
-18.5
44.5
42.5
47.8
46.6
35 0
37.8
40 7 !
45.9
7
7
7
6 3
Aug. 7
Aug. 14 ...
Aug. 21.....
Aug. 28.....
687.5
722.7
755.0
770.1
329.0
327.2
342.5
337.6
116.8
115.0
120.3
119.5
52 3
71.9
74.0
78.7
31 2
33.6
36.0
37.6
25 0
25.1
26.2
27.5
4 3
4 6
3.2
2.7
53 7
54.1
60.0
62.6
612 3
631.3
662.3
666.2
-30.7
-21.1
-16.8
-17.3
52 5
51.2
52.1
56.8
48 0
56.3
54.4
60.6
53
4 9
3.1
3.9
Sept. 4 ....
Sept. !!_....
Sept, 18
Sept. 25.....
Oct. 2
767.3
778.0
785.3
831.1
899.4
331.0
337.8
348.1
367.1
379.9
118.0
105.4
96.9
77.6
100.4
74.8
69.7
58.4
72.1
82 7
41.1
45.2
49.7
57.1
69 8
30.0
30.0
31.8
33.6
33 3
2.5
3.1
5.6
4.7
7 3
61.3
65.5
73.1
81.2
84 5
658.8
656.8
663.5
693.5
757 8
-17.5
-19.2
-27.6
-20.8
-21.5
57.5
59.2
60.9
65.8
65 3
63.6
77.8
82.5
86.1
90 0
4.9
3.4
6.0
6.5
78
966.8
1,052.9
... 1,104.8
1,132.4
408.2
434 5
456.5
456.5
83.1
110.9
104.5
125.4
94.9
102 3
103.6
102 9
74.0
81 7
89.2
92.7
32.2
31 2
31.0
32 1
8.4
10 0
10.1
10 7
98.8
111.1
123.6
123.3
799.6
881.7
918.4
943.4
-13.9
—13 6
-10.4
-16.2
72.6
73 2
74.5
77.1
100.0
102 7
113.3
117.0
8
8
9
11
1,129.9
1,156.0,
1,198.0
1,258.2
462.9
466.5
490.5
537.2
119.4
128.9
129.9
120.2
99.1
99.9
98.6
101.7
99.1
101.7
108.3
114.0
32.5
31.9
33.1
32.9
12.9
16.4
26.2
24.2
121.1
123.0
123.9
125.8
946.8
968.3
1,010.6
1,056.0
-20.1
-11.8
-16.0
-3.3
79.4
77.1
78.7
78.4
113.0
112.3
114.9
116.6
10.8
10.0
9.8
10.5
Dec. 4
.. 1,347.6
Dec. 11. ... 1,382.4
Dec. 18 ... 1,392.1
1,419.2
Dec. 25
1,412.5
1936— Jan. i
553.2
569.1
559.9
565.3
554.9
180.9
106.9
113.7
206.0
218.1 - 112.9
214.0
116.8
210.2
114.5
124.2
125.5
126.8
127.7
130.4
32.7
34.3
35.2
36.6
36 6
25.1
25.7
23.9
23.3
24.0
125.1
126.2
124.3
130.7
130.0
1,148.1
1,190.6
1,201.2
1,214.3
1,200.6
-10.3
-13.7
-12.8
-4.2
(i)
79.9
79.8
82.3
76.3
70.9
116.5
115.0
111.0
120.8
128.3
13.4
10.7
10.3
12.0
12 7
Netherlands
Switzerland
United
Kingdom
France
8.2
23.2
100 7
119.5
-2.4
4.7
42 9
49.8
10.1
15.0
33.7
31.4
2
-1.9
2 2
12.9
-1 0
-.9
8
5.1
8
2.8
14 3
.1
Feb. 6 „_.
Feb. 13 .
Feb. 20 ...
Feb. 27
179.7
212.6
220.7
216 0
68.3
87.5
97.5
109 0
45.3
41.3
45.5
42.6
14.4
18 1
17.2
14 7
8.6
7 6
6.5
5 9
Mar. 6 ,„ .
Mar. 13_..__
.Mar. 20.....
Mar. 2.7........
April 3,.,,.,,
218.8
222.3
236.9
254.3
259.5
108.9
109.3
122.7
135.4
140.6
44.7
42.5
33.2
33.1
25.1
13 2
14.9
15.3
15.7
9.0
ApriMO___April 17 „.._
April 24_._..
May !....„.
319.1
348.0
391.4
349.1
176.2
187.2
210.6
197.1
37.4
46.2
42.6
48.1
May 8
May IS.....
May 22......
May 29......
366.2
387.4
413.1
507.7
208 3
219.4
248.9
266.2
June 5. ....
June 12
..
June 19.,._.
June 26
..
July 3
552.8
609.6
633.7
633.0
616.0
July 10
July 17. ....
July 24
July 31 ....
From Jan. 2, 1935,
through—
1935— Jan, 9
Jan. 16
Jan 23
Jan. 30 ...
Oct.
Oct.
Oct.
Oct.
9
16
23
30
Nov. 6
Nov. 13.....
Nov. 20 ._._
Nov. 27.... _
Total
Italy
Far
East
All
other
5
9
0
1
Jan. 8
Jan. 15
Jan. 22
Jan. 29
1,449.3
1,458.2
1,464.5
1,451.4
555.9
550.8
553.4
552.1
216.6
219.4
220.2
223.1
116 3
114.4
115.0
116.0
136 7
141.2
142.0
145.2
35 4
37.1
38.3
40.5
24 0
21.6
25.1
23.4
137.7
.144.3
144.6
141.5
1,222.7
1,228.9
1,238.5
1,241.7
12.5
14.0
10.1
3.9
71.4
69.3
72.1
69.8
132.6
137.2
134.5
127.0
10 0
8.7
9.4
9.0
Feb. 5
Feb. 12
Feb. 19
Feb. 26
1,462.8
1,454.3
1,470.3
1,499,1
549.6
545.8
580.3
599.4
220.8
225.3
204.3
197.2
119.5
120.9
125.8
129.9
145.9
146.5
146.4
148.2
38 8
37.5
36.7
36.2
22 6
22.4
20.7
18.9
141.3
141.5
145.1
144.7
1,238.5
1,239.9
1,259.3
1,274.5
7.3
3.1
-2.7
2.3
72.8
75.0
77.8
82.9
136.0
127.5
127.2
130.2
82
8.8
8.7
9,3
Mar. 4
Mar. 11
Mar. 18
Mar. 25
Apr. 1
1,496.6
1,497.0
1,503.6
1,515.0
1,511.1
592.8
590.0
576.1
575.3
560.4
202.3
205.0
211.1
217.5
221.7
128.9
127.2
127.5
131!. 9
125.0
152.3
153.7
158.7
160.8
173.0
' 36.7
35.6
36.2
34.8
36.4
18.4
18.6
17.5
18.4
20.5
145.4
142.0
140.6
139.7
139.2
1,276.8
1,272.1
1,267.6
1,278.3
1,276.3
-.6
-2.5
-2.1
-5.9
-1.5
88.2
90.8
96.7
101.7
103.5
124.4
127.3
133.7
133.8
126.0
7.8
0.8
7,7
7.1
«,8
i Inflow less than $50,000.
> Outflow less than $50,000.
INTERNATIONAL FINANCIAL STATISTICS
603
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
TOTAL CAPITAL MOVEMENT, BY COUNTRIES-Contimiad
[Net movement from United States, (—). In millions of dollars]
Other
Europe
Total
Europe
Canada
Latia
America
21.6
20.9
19.9
19.3
141.1
132.8
126.9
130.9
1,284.6
1,309.2
1,311.5
1,317.7
0)
12.7
15.5
17.9
110.2
111.1
116.3
119.6
129.7
133.0 '
134.1
138.2
67
6.1
6.5
5.4
37.6
37.6
39.9
43.8
43.0
18.4
21.0
21.2
21.3
20.8
132.3
136.5
131.7
133.4
141.0
1,334.7
1,362.1
1,410.6
1,422.0
1,432.7
13.9
16.7
18.4
23.9
20.5
123.7
127.5
133.3
132.4
137.2
140.2
144.4
145.5
147.1
163.3
8.2
8.4
8.7
8.9
8.9
229.9
238.3
243.9
247.5
42.5
47.6
47.2
47.2
21.8
24.9
23.5
22.3
145.4
157.1
159.9
159.5
1,496.0
1,577.3
1,610.4
1,596.9
22.9
29.9
32.0
26.0
142.9
142.0
143.8
143.7
169.8
168.7
169.3
188.8
11.0
12.7
13.1
13.9
200.0
199.2
197.2
197.7
248 2
251.4
253.4
251.5
48.5
50,4
52,6
57.3
25 1
25.2
25.6
25.7
160 2
166.6
166.0
169.6
1,608 4
1,613.5
1,622.0
1,629.6
33.1
38,6
44.9
47.6
150.7
153.0
153.0
155.0
12 3
169 0
174.8
11.8
177.8
11.8
177.3 , 11.7
,237.9
229.6
232.6
231.4
232.7
198.2
195.4
195.4
196.2
197.5
253.3
258.6
259.3
261.1
267.3
57.1
58.6
61.8
63.8
64.6
25.1
27.0
28.1
29.2
27.7
171.6
173.1
177.6
172.5
179.1
1,641.9
1,650.0
1,675.0
1,678.0
1,670.2
53,7
63,9
71.1
88.6
112.8
156.7
156.4
155.2
155.9
' 157.3
169.9
180.5
181.7
190.8
188.0
12.0
13.3
12.8
12.1
13.2
707.3
701.9
725.5
780.2
233.3
226.2
226.6
201.9
197.3
201.4
200.8
195.0
267.9
275.4
283.2
297.6
68.3
71.2
68.0
73.9
29.0
26.3
27.1
28.7
182.1
186.1
190.7
197.2
1,685.2
1,688.5
1,721.9
1,774.6
115.2
120.7
129.9
138.5
163.1
162.5
164.0
161.2
195.9
201.1
204,3
195.4
.13.9
13.4
13.4
13.7
2,380.8
2,423.7
2,445.5
2,466.6
797.1
797.1
826.7
830.6
264.4
264,8
252 5
257.0
201.2
233.4
236.0
233.9
316 8
322.2
313 0
319.6
68 0
75.0
68 7
67.9
32
32
34
35
3
1
2
9
200 5
191.5
208 2
208.7
1,830.4
1,916.2
1,939.3
1,953.7
128.3
143.4
151.1
154.8
160.9
159.5
156.4
154.9
194.0
189.1
181.6
186.5
17.1
15.6
17.0
16.7
Nov 4
Nov. 11
Nov. 18.....
Nov. 25.....
Dec. 2
2,469.1
2,517.6
2,506.9
2,523.6
2,540.2
850.1
874.3
853.1
829.6
818.7
263 1
270.1
274.0
273.8
262 1
227 7
237.3
233.7
242.2
238 8
325 0
333.3
331.2
327.1
328 6
69 2
69.3
70.4
72.0
73.7
36 8
37.1
39.7
37.0
42 5
204 7
203.6
209.8
217.5
224 0
1,976 6
2,025.1
2,011.9
1,999.1
1,988.4
144.3
146.0
139.6
156.5
145.7
151.7
151.4
158.8
166.9
212.0
179 7
178.8
180.1
186.1
178 8
16.9
16.3
16.5
15.1
15.2
Dec.
Dec
Dec.
Dec.
2,547.9
2,584.2
2,576.6
2,608.4
818.6
828.3
814.2
829.3
263.1
275 7
290.4
299 5
234.1
242 6
230.8
229.7
332.5
331.0
330.3
335 5
74.9
80.9
82.5
83.1
44
47
48
45
1
7
1
6
227.5
228 0
227.5
228 5
1,994.8
2,034.1
2,023.7
2,051.3
146,7
143.4
141.8
150.5
213.6
209.1
204.4
201.2
178.2
183.4
188.0
184,0
14.7
14.2
18.7
21.4
2,620.3
2,615.8
2,653.0
2,681.0
2,718.3
843.7
834.6
855.6
843.0
849.6
295.7
297 8
285.7
291 4
295.1
226.5
228 0
231.3
238.0
240. 5
340.7
342 9
316.8
350 3
350.7
84.0
83 7
85.6
83.5
93.1
43
41
39
37
34
8
6
6
7
8
233.7
232 4
239.9
237 3
237.5
2,068.2
2,061.1
2,084.4
2,081.1
2,101.4
149.0
144.3
H6.5
143.9
151.1
203.8
206.2
216.6
256.4
201.5
182.0
188.4
189.6
182.9
187.8
17.3
15.9
15.9
16,6
16.5
Feb. 10
2,738.1
Feb. 17
2,775.3
Feb. 24.. . 2,809.2
Mar. 3 . .
2,830.1
848.3
871.7
891.5
899.9
303 7
301.1
308.5
312 2
248 4
249.8
250 2
257.3
351 5
357.4
349.7
354.1
100 4
101.3
103.1
106.7
32 5
29.9
38 4
34 9
232 9
236.1
229.9
221,3
2,117 7
2,147.3
2,171.4
2,186.5
154.3
160.6
161.5
164.7
262.4
270.8
272.3
275.1
186 1
180,4
186.2
187.0
17.7
16.2
17.9
16.8
Mar.
Mar.
Mar.
Mar,
2,875.5
10
2,901.3
17
24.. . 2,924.1
2,931.4
31
921.5
931.6
945.3
927.2
316.8
309,6
321.2
308.9
259.8
260.3
263.3
267.1
359,0
359.8
358.4
363.5
102.3
103.4
102.6
103.5
40.8
39.1
38.9
37.0
224.1
242.7
251.0
258.1
2,224.3
2,246.5
2,280.8
2,265,2
168.8
168.0
155.9
142.0
278.2
284.4
293.1
336.6
185.3
183.3
177.7
170.4
19.0
19.1
16.6
17.2
Apr.
Apr.
Apr.
Apr.
7
14
21.
28.....
2,962.3
3,041.7
3,075.5
3,113.3
957.9
1,007.2
1,020.6
1,014.2
288.0
298.5
295.9
297.4
288.9
276.6
283.5
289.8
365.8
373.6
379.7
393.4
103.4
91.0
91.3
91.3
37.2
47.5
47.9
47.3
284.0
262,6
268.0
269.8
2,28,5.3
2,357.0
2,386.9
2.4Q3.1
138.7
131.8
130.7
136.5
341.4
347.8
346.8
361.3
178.4
186.3
191.2
191.4
18.4
18.7
19.8
21.0
May
May
May
May
June
5......
12
19..,..
26
2
._
3,151.1
3,198,6
3,237.4
3,306.5
3,342.3
1,018,5
1,040.8
1,036.7
1,064.3
1,061.2
305.6
301.3
297.9
311. 2
319.7
279.8
281.4
275.6
286.9
291.9
413.5
432.0
471.9
493.8
529.4
92.2
81.9
83.0
85.0
86.7
43. a
50.0
39.0
32.8
26.1
278.1
280. 0
284.1
281.7
282.6
2,431.1
2,467.4
2,488.1
2,555.6
2,597.4
134.9
135.0
138.2
141.1
134.4
369.0
374.1
379,4
382.5
383.2
194.4
200.6
211.2
204.8
204.9
21.7
21.6
20.5
22.4
22.4
3,412.8
„ 3,499.5
. 3,562.5
„ 3,561.9
1,080.7
1,079.6
1,087.7
1,078.7
322.7
334.3
335.7
343.5
301.8
322.7
336.3
356.7
568.8
601.9
616.2
619.9
93.4
95.2
100.7
107.6
22.8
27.0
26.0
21.7
291.8
298.9
304.9
303.5
2,881.9
2,759.5
2,807.5
2,831.5
127.8
137.2
151.1
131.3
380.0
376.9
376.0
381.5
199.8
203.7
205.1
194.4
23.3
22.2
22.8
23.1
Netherlands
Switzerland
Germany
United
Kingdom
France
1,531.1
1,572.2
1,583.8
1,598.8
564.5
584.5
592.6
602.2
216.1
224.3
222.5
210.4
129.8
133.0
133.8
133.6
176.3
178.2
180.4
182.2
35.3
35.5
35.4
39.2
May 6
May 13....
May 20....
May 27....
June 3
1,620.6
1,659.1
1,716.
1,734.
1,762.
611.6
632.1
640.6
646.1
643.6
210.1
205.6
235.2
227.2
220.5
136.6
138.3
147.5
149.1
148.9
188.1
191.0
194.5
201.1
214.9
June 10
June 17
June 24
July 1
1,842.
1,930.
1,968.
1,949.
673.7
689.6
696.5
682.3
211.8
236.9
243.6
240.0
170.9
182.7
195.9
198.2
JulyS
July 15,...
July 22
July 29....
1,973.5
1,991.7
2,009.2
2,021.2
687.6
678.0
688.2
694,7
238 8
242.8
238.9
233.0
Aug. 5
Aug. 12
Aug. 19
Aug. 26....
Sept. 2
2,034.2
2,064.1
2,095.8 1
2,125.4
2,141.6
698.7
707.6
720.2
723.7
701.3
Sept. 9-..-..
Sept. 16...,.
Sept. 23
Sept. 30
2,173.3
2,186.3
2,233.6
2,283.3
Oct. 7 .
Oct. 14
Oct. 21 .
Oct. 28..-..
From Jan. 2, 1935,
through—
Total
1936— Apr. 8 ...
Apr. 15....
Apr. 22
Apr. 29
9 .
16
23.30
1937—Jan. 6 ...
Jan. 13
Jan. 20-.. ..
Jan, 27
Feb. 3......
June 9..
June 16
June 23
June 30
1
Outflow Jess than $50,000.
Italy
Far
East
All
other
BANKING AND MONETARY STATISTICS
604
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
TOTAL CAPITAL MOVEMENT, BY COUNTRIES-Continued
[Net movement from United States, (—). In millions o fdollars]
Netherlands
Switzerland
Germany
From Jan. 2, 1935,
through—
Total
United
Kingdom
1937-=July 7
July 14__...,_
July 21
July 28
3,014.8
3,036.0
3,685.8
3,718.4
1,110.8
1,088.7
1,096.5
1,107.4
337.0
327.9
327.6
324.8
368.0
377.2
381.3
383.4
631.9
648.8
659.1
665.5
110.2
107.1
111.7
114.8
Aug 4
Aug. 11_.._.._
Aug. 18.,...
Aug. 25.—
Sept. 1_—
3,732.5
3,707.9
3,795.1
3,820.5
3,826.4
1,094.0
1,089.7
1,090.8
1,096.4
1,102.5
325.0
321.7
325.6
319.9
324.6
385.1
390.1
394.1
395.5
394.8
671.6
686.5
697.0
709.8
710.3
Sept. 8.....=
Sept. 15_—
Sept. 22.....
Sept. 29-. = ..
3,839.1
3,898.6
3,879.3
3,911.9
1,113.7
1,122.3
1,106.5
1,105.9
327.2
334.7
332.8
338.1
389.8
397.7
395.9
390.8
Get 6
Oct. 13
Oct 20
Oct 27
Nov. 3.. ...
3,925.9
3,884.1
3,840.8
3,811.9
3,773.8
1,090.0
1,079.0
1,071.8
1,076.0
1,064.2
345.1
337.3
323.2
306.9
308.2
Nov. 10—
Nov. 17.....
Nov 24
Dec 1
3,692.4
3,645.2
3 624 9
3,613.5
1,043.9
1,034.2
1,019.9
1,009.4
D e c . 8 _ . _ _ _ _ 3,519.7
Dec. 15..... 3,518.3
' 3,454.6
Dec 22
Dec. 29
3,410.3
1,006.0
1,003.5
1,005.5
993.8
Other
Europe
Total
Europe
Canada
Latin
America
19.3
27.1
25,6
25.5
304.8
309.9
315.6
321.9
2,882.1
2,886.8
2,917.3
2,943.3
126.2
128.7
138.2
149.1
381 . 2
382.3
384 9
387 5
203 3
215.5
220 9
213 4
22.2
22.7
24.5
25.0
115.2
112.5
110.3
113.3
119.3
23.8
21.9
22,3
22.0
21.9
321.8
327.8
328,9
333.7
332.4
2,936.5
2,950.2
2,969.0
2,990.6
3,005.8
159.0
168.1
164.2
175.6
167.3
395 5
410.6
409.1
406.6
406.8
218.4
217.0
229.1
224.2
223.6 i
23.1
22.1
23.6
23.4
22.0
723.1
734.5
727.9
737.7
118.8
120.9
122.5
127.3
22.5
22.8
24.3
24.4
338.2
342.3
344.4
358.9
3,033.4
3,075.1
3,054.3
3,083.1
170.7
177.5
182.9
175.9
412.6
406.4
408.1
407.9
198.3
216.1
210.5
221.4
24.1
23.5
23.5
23.7
390.3
380.1
374.8
376.2
376.1
764.5
758.7
747.9
733.1
709.5
127.2
129.3
122.2
121.1
123.6
24.7
25.2
26.5
25,1
21.8
359.6
359.7
352.4
348.0
347.5
3,101.4
3,069.1
3,018.7
2,986.3
2,951.0
180.0
182.7
181.8
181.4
183.4
403 9
399 0
401 4
399 9
394.9
213.4
209.1
213 7
220.4
219.6
27.1
24.2
25.1
23.9
24.9
303.6
285.8
286.8
283.8
354.2
349.2
348.5
353.1
694.4
686.9
689.5
683.4
124.3
119.7
118.5
119.2
16.2
19.0
19.8
25.7
322.1
323.3
316.9
310.4
2,858.6
2,818.2
2,800.0
2,784.9
183.6
183.3
178.7
174.1
391.0
388.1
387 4
393 4
235.4
232.7
238 3
240.6
23.8
23.0
20.6
20.6
280.0
280.5
276.3
281.7
304.0
306.0
309.6
311.9
683.0
691.0
606.4
607.5
116.3
118.5
120.3
123.9
26.3
26,7
26.3
'22.1
313.4
313.6
313.3
312.2
2,729.1
2,739.7
2,657.8
2,653.0
152.3
151.3
161.9
106.3
3S5.0
382.7
386.3
410.6
234.7
225.1
230.4
224.6
18.7
19.6
18.2
15.9
France
Italy
Far
East
1 All
I other
1938— Jan. 5 ......
Jan. 12
Jan. 19.....=
Jan 26
Feb. 2.
3,389.5
3,394.9
3,372.2
3,367.7
3,339.2
975.3
988.4
990.2
991.0
977.1
275.4
276.2
275.7
271.3
271.6-
310.9
307.7
303.8
302.4
294.1
611.1
609.9
591.2
589.6
578.3
128.3
126.9
127.8
129.1
126.8
21.1
21.5
20.0
18.1
17.4
313.7
315.6
318.0
320.2
323.9
2,635.9
2,646.2
2,626.7
2,621.8
2,589.3
114.6
144.0
136.2
140.3
143.9
406.5
880.1
382.8
383.3
385.5
216.7
206.3
210.8
206.2
205.3
15.8
18.3
15.8
16.1
15.1
Feb 9
Feb. 16
Feb 23
Mar. 2
3,310.7
3,289.1
3,284 3
3,233.9
972.0
954.6
964.5
965.9
268.7
268.2
265.1
267.7
284.9
280.8
272.7
256.6
568.8
572.5
567.6
545.8
121.9
124.9
123.3
124.6
17.2
17.7
20.9
17.6
325.6
325.0
322.1
320.6
2,559.1
2,543.6
2,536.1
2,498.7
141.4
139.3
141.8
133.9
388.0
389.7
389.4
393.2
206.8
201.2
201.7
194.1
15.4
15.1
15.2
14.1
Mar. 9
Mar. 1 6 _ _ _ _ .
Mar. 23.....
Mar. 30- —
3,218.1
3,205.1
3,221.3
3,207.2
961.1
952.1
947.2
938.2
261.9
263.7
268.7
266.4
256.7
255.9
259.0
260.2
542.8
540.9
546.7
544.1
128.0
126.6
126.0
125.8
16.7
16.1
15.1
15.7
316.8
313.5
312.6
315.3
2,484.0
2,468.8
2,475.2
2,465.8
139.7
135.5
143.7
134.7
391.0
395.3
393.9
400.3
188.4
189.5
191.6
187.8
14.9
16.1
16.9
18.8
Apr. 6.
Apr 13
Apr. 20
Apr 27
3,179.5
3,184.1
3,194.0
3,206.2
934.7
939.8
944,6
950.6
271.7
269.8
261.4
259.4
258.7
258.2
257.8
264.7
540.6
537.9
537.6
529.9
127.4
128.2
129.9
129.0
16.5
17.8
17.2
17.7
311.7
309.2
305.4
307.3
2,461.2
2,461.0
2,453.9
2,458.6
134.1
132.3
141.9
140.7
399.0
407.5
407.0
409.6
166.6
166.2
172.7
179.2
18.5
17.1
18.5
18,1
May 4 _ _ _ . . . „
May ll._...
May 18.—
May 25.—
June 1 . .
3,168.1
3,123.8
3,109.8
3,110.6
3,084.1
930.0
923.5
919.9
900.3
879.5
266.7
245.4
242.1
245.1
238.7 ,
264.2
260.9
259.1
262.6
262.7
522.1
503.8
494.5
493.1
485.7
130.5
131.8
131.3
135.2
133.6
18.5
19.2
17.4
18.9
23.7
302.0
306.0
310.2
321.1
321.9
2,433.9
2,390.6
2,374.5
2,376.3
2,345.9
135.1
141.0
140.3
140.0
143.2
407.2
406.7
406.4
407.9
416.1
173.3
166.7
168.5
165.2
158.0
18.6
18.9
20.1
21.2
20.9
June 8...__,
June IS.,..,..
June 22..,.,
June 29.-...
3,077.4
3,070.3
3,059.0
3,045.8
886.5
886.8
884.1
889.7
239.5
239.8
239.4
237.4
261.0
261.0
261.8
266.0
486.9
486.8
485.6
484.1
135.5
135.9
135.6
137.7
24.7
24.6
24.5
21.4
317.9
314.5
312.6
313.4
2,352.2
2,349.4
2,343.6
2,349.7
137.5
137.6
136.5
124.1
416.7
413.0
414.2
412,0
152.3
150.8
146.6
140.5
18.7
19.5
18.1
19.5
July 6
July 13......
July20___.._
July 27
Aug. 3_.—
3,038,1
3,015.6
3,020.2
3,005.1
3,017.3
877.2
879.9
883.6
881.2
883.1
238.0
239.9
242.1
238.6
239.6.
269.3
269.0
265.7
262.9
262.1
485.8
478.7
477.6
475.9
477.7
139.9
137.8
137.3
137.3
135.5
22. 8
22.1
21.4
21.5
20.8
312.7
305.4
302.6
300.9
301.5
2,345.7
2,332.9
2,330.3
2,318.3
2,320.4
122.9
117.6
126.4
110.6
121.1
411.7
402.8
401.3
403.7
403.9
137.9
141.6
140.1
149.5
150.4
19.9
20.6
22.1
23.0
21.5
Aug.
Aug.
Aug.
Aug.
10.—
17.—
24.—
31.—
3,021.5
3,023.8
3,061.9
3,084.7
890.0
891.4
895.9
896.7
243.3
247.2
259.4
264.6
260.6
261.2
254.8
255.2
476.7
477.7
481.1
484.8
133.6
134.5
135.3
136.2
22.6
25.1
23.0
23. 0
302.1
298.6
305.1
306.3
2,328.8
2,335.8
2,354.7
2,367.5
122.1
119.6
126.5
126.2
402.8
404.1
403.9
409.8
145.6
140.8
151.1
152.8
22.3
23.5
25.7
28.3
Sept.
Sept.
Sept.
Sept.
7— ..
14— __
21
28..-..
3,146.1
3,298.7
3,435.9
3,472.0
937.0
959.2
1,010.9
983.2
275.4
286.5
292.9
308.7
257.0
274.9
283.2
298.2
485.5
493.6
495.4
504.3
136.1
133.9
131.5
131.5
24.9
28.9
26.9
20.0
320.6
364.9
412.0
434.5
2,436.3
2,541.8
2,652.9
2,681.1
124.5
125.7
134.1
124.8
408.1
423.6
429.9
442.9
148.0
177.0
184.7
186.1
29.0
30.7
•34.3
37.1
INTERNATIONAL FINANCIAL STATISTICS
605
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
TOTAL CAPITAL MOVEMENT, BY COUNTRIES-Continued
[Net movement from United States, (—). In millions of dollars]
Total
Europe
Canada
Latin
America
26.4
26.9
28.0
27.4
26.1
440,0
442.6
451.6
445.4
443.9
21727.1
2,776.8
2,868.1
2,879.8
2,876.9
149.8
150.5
151.6
165.5
167.7
443.6
425.6
427.0
422.3
414.3
182.1
176.1
186.8
187.5
177,6
37.8
38.2
36.1
36.4
35.3
138.9
134.6
132.7
136.4
27.3
25.6
27.1
26.2
441.2
443.1
455.6
444.6
2,885.5.
2,913.9
2,945.8
2,939.5
163.8
161.0
168.8
189.9
401.1
394.1
397.4
389.6
175,2
187.1
188.7
189.5
38.1
36.3
35.9
37.3
546.2
547.1
554.9
554.0
557.5
135.2
136.2
139.9
140.7
140.5
28.8
29.6
32.8
33.0
32.2
449.4
455.4
454.2
463.8
472.0
2,966.5
2,945.1
3,010.2
3,041.7
3,054.2
177.7
174.5
166.5
157.2
155.3
387.6
388.0
389.2
389.5
384.6
190.4
184.9
195.1
203.2
214.2
36.9
36.8
35.4
34.1
36.2
327.3
330.1
330.5
342.0
552.6
542.1
566.7
573.0
139.8
141.3
140.4
140.6
30.3
30.4
29.7
28.1
479.5
486-1
488.3
484.7
3,039.0
3,042.3
3,050.6
3,064.5
161.1
167.8
164.0
171.3
389.2
389.0
390.5
394.8
210.3
229.3
222.8
239.5
40.0
39.6
39.5
39.8
353.8
356.2
366.3
363.5
348.6
349.7
350.5
363.1
577.5
574.8
579.0
577.2
144.5
146.1
145.3
146.8
25.0
23.5
25.5
24.2
483.5
478.6
476,9
490.0
3,091.4
3,108.8
3,124.0
3,162.3
170.6
171.0
171.7
164.7
396.4
395.5
403.6
404.4
233.3
254.4
257.3
269.8
40.4
38.6
39.2
42.6
1,199.7
1,209.0
1,203.4
1,203.1
368.5
366.1
367.8
366.8
360.7
365.5
384.8
383.6
575.2
578.3
567.6
587.6
146.4
150.4
149.2
150.2
24.8
24.3
23.8
24.7
496.4
495.7
515.4
536.8
3,171.7
3,189.3
3,212.2
3,252.9
165.9
173.0
188.0
185.1
409.8
413.5
436.0
443.5
264.2
258.4
264.0
269.4
43.2
41.4
44.6
46.8
Germany
Total
United
Kingdom
1938— Oct. 5
Oct. 12......
Oct. 19
_
Oct. 2 6 = _ _ _ _
Nov. 2
3,540.4
3,567.1
3,669.6
3,691.6
3,671.7
1,002.0
1,015.3
1,065.8
1,081.8
1,080.4
310.0
321.7
338.1
335.2
336.2
293.2
302.3
310.4
311.2
310.5
523.0
535.3
541.6
546.1
545.2
132.3
132.6
132.7
132.7
134.6
3,663.7
3,692.5
3,736.6
3,745.9
1,094.3
1,102.8
1,111.0
1,114.6
335.9
347.0
345.8
346.7
301.9
307.6
314.9
325.4
546.0
553.2
558.9
545.7
Dec. 7
3,759.0
3,729.4
Dec. 14
Dec. 21.. . .3,796.4
3,825.6
Dec. 28
1939—Jan. 4._
3,844.5
1,156.1
1,133.2
1,172.0
1,186.1
1,183.8
324.0
330.3
333.9
339.5
339.6
326.8
313.4
322.5
324.6
328.6
3,839.7
3,868.0
_. 3,867.4
3,909.9
1,160.7
1,162.5
1.142.1
1,152.9
348.8
349.7
352.9
343.3
3,932.0
3,968.2
3,995.7
4,043.9
1,158.5
1,179.8
1,180.5
1,197.5
8... . 4,054.6
15
4,075.6
22..
4,144.9
4,197.6
29
Nov.
Nov.
Nov.
Nov.
9_
16....
23...'.
30
Jan. 11
Jan. 18
Jan. 25
Feb. 1
Feb. 8
Feb. 15.
Feb. 22
Mar. 1...
Mar.
Mar.
Mar.
Mar.
Far
East
Other
Europe
Netherlands
From Jan. 2, 1935,
through—
France
Switzerland
Italy
All
other
Apr. 5
Apr. 12
Apr. 19
Apr. 26
May 3
4,308.0
4,383.7
4,469.0
4,538.1
4,583.5
1,252.9
1,296.5
1,280.6
1,303.3
1,316.2
381.9
387.8
409.4
421.6
430.1
394.6
394.6
407.7
405.4
405.1
592.5
590.2
596.0
595.6
598.1
146.8
147.6
148.8
146.9
149,0
24.3
23.6
23.6
26.0
26,0
545.0
561.4
588.1
595.9
605.7
3,338.0
3,401.7
3,454.3
3,494.7
3,530.2
199.6
200.2
209.6
216.8
226.3
452.1
460.5
473.2
480.6
491.5
267.3
270.6
279.4
289.9
281.9
50.9
50.6
52.5
56.2
53.6
May
May
May
May
4,603.3
4,626.3
4,628.3
4,635.5
1,313.7
1,331.0
1,334.6
1,337.6
430.0
428.1
426.9
431.1
406.2
402.3
393.7
391.1
599.8
602.1
598.3
595.3
148.0
148.6
148.2
148.7
26.1
27.2
28.6
29.1
604.3
605.3
608.7
606.5
3,528.0
3,544.7
3,539.0
3,539.4
237.8
239.8
242.0
241.0
499.7
499.1
505.8
507.4
284.8
289.0
285.0
291.1
53.1
53.8
56.5
56.6
June 7
June 14June 21
June 28
4,613.8
4,619.9
4,648.3
4,659.2
1,345.7
1,354.7
1,355.4
1,360.2
424.7
429.5
439.1
439.7
391.1
400.8
397.6
401.0
595.4
596.4
606.5
599.2
148.3
148.0
148.8
149.5
28.3
28.8
28.6
29.5
598.3
592.3
596.2
604.2
3,531.8
3,550.5
3,572.2
3,583.3
234.7
234.6
239.8
230.5
499.8
495.2
495.5
500.2
291.9
281.0
284,6
289.4
55.6
58.7
56.3
55.8
July 5
July 12. .
July 19
July 26
Aug. 2_,__ .
4,681 2
4,659.0
4,662.2
4,689 3
4,713.6
1 330.5
1,307.1
1,309.1
1,312.9
1,337.7
455 3
451.8
451.5
441 9
441.9
400 9
409.1
408.4
407 6
405.7
603 2
603.2
600.4
607 0
606.8
150.3
149.6
151.5
150 1
151.5
30 5
30.8
30.4
30 9
31.2
615.5
617.8
617.7
616 9
617.3
3,586.2
3,569.5
3,569.1
3,567.1
3,592.0
248.9
237.7
235.5
248.8
259.1
498.4
496.7
500.1
512.3
516.1
291.0
293.6
295.7
300.0
285.6
56.7
61.6
61.9
61.2
60.7
Aug.
Aug.
Aug.
Aug.
9
16
23
30
4,740.7
4,787.6
4,904.9
4,940.5
1,326.5
1,341.6
1,386.4
1,326.3
444.3
451.0
449.9
473.4
409.7
407.7
408.8
412.1
607.5
600.6
618.7
647.2
152.4
151.7
149.8
148.8
31.4
32.2
30.9
26.1
619.8
635.4
664.3
665.1
3,591.6
3,620.3
3,708.7
3,699.1
267.1
270.7
275.8
291.8
521.7
523.2
530.2
536.1
298.3
313.9
325.7
336.6
62.0
59.4
64.3
76.9
Sept. 6
Sept. 13
Sept. 20
Sept. 27
4,959.7
5,017.8
5,056.3
5,035.3
1,351.8
1,369.7
1,413.4
1,368.1
486.3
488.0
478.5
459.6
413.6
426.4
442.3
448.4
651.7
658.2
665.0
671.1
149.9
151.6
151.4
151.1
24.7
24.8
31.3
32.9
665.3
676.0
676.6
686.0
3,743.3
3,794.6
3,858.5
3,817.2
261.2
271.6
253.6
260,9
547.0
540.6
530.7
528.0
327.3
340.3
342.0
356,3
80.8
70.7
71.6
72.9
Oct. 4
4,979.6
Oct. 11... , 4,958.4
Oct. 18
4,957.2
Oct. 25
4,966.7
Nov. 1
4,948.6
1,337.8
1,331.2
1,326.5
1,301.4
1,277.3
461.2
445.8
431.1
430.9
429.5
447.8
438.5
442.6
446.8
449.0
666.1
665.7
674.9
686.5
684.2
153.5
155.6
157.2
159.1
159.8
33.7
35.4
47.4
48.0
47.6
683.3
689.1
685.8
710.3
707.6
3,783.4
3,761.3
3,765.6
3,783.1
3,754.9
249.1
249.1
246.2
239.0
254.0
525.4
528.0
522.8
522.2
515.1
346.7
345.3
344.5
344.9
343.5
75.1
74.7
78.1
77.5
81.1
Nov.
Nov.
Nov.
Nov.
10
17
24 _.
31
8
15
22
29
4,916.4
4,954.5
4,916.4
4,974.1
1,258.1
1,203.7
1,165.8
1,157.2
431.7
447.9
452.6
453.1
447.0
454.8
453.9
457.8
699.8
720.3
714.1
719.1
158.3
160.4
160.9
162.9
48.0
52.7
50.9
55.8
704.5
708.6
719.3
725.3
3,747.4
3,748.4
3,717.6
3,731.2
250.0
259.0
255.6
263.2
492.9
497.5
493.7
504.0
348.6
363.0
363.9
385.8
77.6
86.5
85.6
89.9
Dec. 6
Dec. 13
Dec. 20
Dec. 2?
1940—Jan. 3
4 967 8
4,963.1
5,007.6
5,005.0
5,021.2
1 136 5
1,109.9
1,136.0
1,117.3
1,101.3
446 3
445.4
445.0
442.3
468.7
457 1
464.7
472.9
469.9
470.3
724 8
744.9
741.1
759.1
773.0
164.5
164.2
163.7
163.3
165.9
51 1
54.6
55.7
55.9
58.0
741 2
736.9
761.9
753.8
752.9
3,721.5
3,720.6
3,776.3
3,761.5
3,790.1
257.8
250.5
235.5
229.2
229.4
503.3
503.3
506.2
505.9
483.4
394.9
396.4
397.5
411.5
H31 . 0
90.2
92.3
92.2
96.9
87.4
1
Figure covers all Asiatic countries. Previous figures include only British India, British Malaya, China, Japan, Netherlands East Indies, and
Philippine Islands, the remaining Asiatic countries being included under "all other."
BANKING AND MONETARY STATISTICS
606
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2f 1935 TO DECEMBER 31,1941-Continucd
TOTAL CAPITAL MOVEMENT, BY COUNTRIE$-C«tmwd
[Net movement from United States, (—). In millions of dollars]
Total
United
Kingdom
1940—Jan 10
Jan. 17
Jan. 24
Jan 31.
5,064.9
5,068.3
5,073.6
5,046.3
1,084.0
1,074.0
1,059.0
1,029.1
474.8
466.7
470.8
471.2
470 9
474.0
468.3
466 1
781 4
781.8
785.9
798 3
165 2
164.6
167.3
166 3
Feb. 7
Feb 14
Feb. 21
Feb. 28
5.036.6
5,047.1
5,041.5
5,067.6
1,030.9
1,015.6
1,001.5
1,006.1
470.2
471 6
464.4
468.1
462.0
463 8
467.7
469.0
799.8
816 7
824.4
826.3
Mar 6
Mar. 13
Mar. 20......
Mar. 27
Apr 3
5,038.1
5,053.4
5,095.8
5,109.1
5,115.9
985.9
971.1
958.7
949.6
964.8
• 464 7
466.0
460.8
462.9
468 3
469 5
467.8
470.9
466.0
469 5
Apr 10
Apr. 17
Apr 24
May 1
5,090.9
5,122.1
5,161.5
5,140.9
925.6
932.4
932.0
909.3
465 5
467.7
468 9
461.5
469
477
486
482
May 8 _„„
May 15__-May22„._May20.._.-
5,146.0
5,147.6
5,207.8
5,161.4
922.8
935.3
935.0
928.9
5,194.9
5,161.5
5,368,4
^ 5,352.6
5,440.7
July 10 .„ ._
July 17.. ...
July 24.. _
July 31
Other
Europe
Total
Europe
Canada
Latin
America
59 4
60 2
62.1
61 7
779 2
783.6
805.1
811.2
3,814.9
3,805.0
3,818.5
3,803.9
222.3
220.1
224.3
227.8
500 4
503.0
504.6
503 9
442 3
453 8
441.9
424 6
85 0
86 5
84.4
86 1
165 5
167 0
166.0
166.0
61 7
60 8
60.0
60.7
812.0
833 7
821.9
838.0
3,802.0
3,829.3
3,805.9
3,834.3
220.8
221 7
218.5
225.4
500. S
509 9
507.4
507.7
426 9
403 3
425 8
422.7
86 1
82 9
83.9
77.5
825 7
847.2
851.7
855.4
857 8
166 2
167.4
167.4
167.3
167 5
61 4
65.3
69.2
68.5
83 6
833 6
826.8
863.8
863.6
865 7
3,807 0
3,811.7
3,842.5
3,833.3
3,877 2
214 1
214.5
214.6
232.2
213 3
512 4
514.9
523.2
527.1
520 7
432 2
443.5
445.4
446.7
434 7
72 3
68. 8
70.0
69.9
70 1
0
4
4
4
855 6
853 2
879 8
881 8
166 7
168 1
166 9
168 1
77
80
87
85
7
6
7
5
871 1
865 3
859 5
866 0
3,831 2
3,844.6
3,881 1
3,854.7
223 7
222.3
219 4
226.5
523 4
535.0
535 2
539 2
441 7
446.5
454 9
448.7
71
73
70
71
455.4
458.8
503.8
494,8
480 2
477.6
474.9
471.9
885.1
868.8
856.5
851.3
168 6
170.1
171.1
171.5
81 0
83.8
82.7
78.3
867 3
866.3
870.1
874.1
3,860.4
3,860.5
3,894,0
3,870.9
218.8
224.8
228.6
215.8
544.2
549.1
561.4
558.4
455.6
447.5
452.9
443.7
66 9
65.7
70.9
72.6
932.0
943.5
938.6
932.5
963.6
495 3
468.6
680.2
663.9
681 4
471 4
463.8
464.8
463.8
459 6
870 4
864.8
864.6
868.5
876 8
171 2
171.4
171.4
170.7
171 4
71 1
867 0
867.4
62.8
64.9 ' 861.2
866.2
63.3
885 3
66 3
3,878 6
3,842.3
4,045.7
4,028.9
4,104 5
212.5
214.9
210.3
217.6
230.1
* 567 8
561.4
572.0
565.5
579 2
457.2
464.7
462.8
464.3
451.3
78 9
78.3
77.6
76.3
75 7
5,461.2
5,496.7
5,498.2
5,522.2
948.6
939.2
931.1
911 7
677.4
674.9
674.7
675 7
459 8
457.6
457 0
454 1
879 6
883.1
884 6
884 0
171 4
173.4
174 8
175 9
66 2
65.8
65 3
64 5
886 0
885.0
890 8
899 0
4,089 1
4,079.0
4,078 3
4 064 9
250.0
280.6
282.1
324 5
£81.1
593.9
589.1
581 6
458.6
460.0
466,2
468.8
82 4
83.1
82.5
82 3
Aug. 7
Aug. 14.....
Aug. 21... ..
Aug. 28.-...
Sept. 4._....
5,614.1
5,647.4
5,687.5
5,699.3
5,699.8
944.8
944.9
937.6
941.2
953.3
700 1
697.6
695.9
696.7
693.8
454 0
462.6
459.9
459.8
459.7
894 2
899.6
903.7
908.1
908.4
176 2
176.1
177.0
176.0
173.1
63 8
• 61.8
62.3
63.4
64.5
901 5
907.4
915.6
916.7
917.8
4,134 5
4,150.0
4,151.9
4,161.9
4,170.6
334.7
353.4
372.4
374.6
369.4
589.3
598.2
592.8
595.0
597.9
472.6
464.4
489.3
490.0
484.7
83.1
81.4
81.0
78.0
77.2
Sept. 11.....
Sept. 18__._.
Sept. 25. _ —
Oct. 2
5,668.4
5,751.9
5,731.9
5,748.1
913.4
985.3
947.3
946.7
692.5
688.1
687.0
683.0
457.4
456.7
456.9
457 9
904.8
889.8
882.2
884 4
174.7
175.2
175.1
176 3
66.3
75.9
86.7
84 6
1
918.0
927.3
933.9
-934 0
4,127.1
4,198.3
4,168.9
4,167 0
389.8
385.3
383.9
387.3
592.3
600.7
602.0
603.8
486.0
486.6
492.0
506.5
73.3
81.0
85.1
83.6
Oct. 9
Oct 16
Oct. 23
Oct. 30
5,767.0
5,736 6
5,744.0
5,731.0
950 6
925 8
925 5
931.3
682 3
681 3
680 8
679.9
457
457
458
456
885
882
890
896
6
6
7
7
177 1
173 6
173 4
173 9
84
79
77
75
6
5
0 I
9
938 9
950 6
931 7
930 0
4 176 7
4 151 2
4,137 7
4,144.6
385.8
380 1
391.3
384.4
605 6
601 1
605.0
601.0
513.0
518.3
523.8
515.4
86.0
85 9
86.3
85.6
Nov. 6
Nov. 13
Nov. 20
Nov. 27
5,745.0
5,734.7
5,786.9
5,780.7
925 8
921.0
925.8
927.9
680 3
678.8
677.3
675.9
457 8
455.9
455.4
450.8
896 4
893.4
891.8
895.8
173 0
173.6
173.6
173.8
76 4
74.9
75.4
70.3
927 2
929.7
927.8
925,5
4 136 8
4,127.3
4,127.2
4,119.9
399.0
393.2
412.8
415.5
603.0
600.0
597.7
606.5
520.0
524.4
561.8
557.9
86.1
89.9
87.5
80.9
Dec. 4
Dec. 11
Dec. 18
Deo. 25
1941—Jan. 1
5,758.0
5,718.2
5,763.7
5,733.0
5,727 6
901.3
866.8
895.2
857.7
865 2
672.8
671.7
672.7
673.1
670 3
449.2
452.0
452.9
454.3
455 6
901.2
900.7
904.7
906.1
911 5
172 6
172.8
173.0
175.3
175 9
69 4
69.2
64.0
58.8
55 4
923.8
921.6
924.0
921.2
922 7
4,090.2
4,054.9
4,086.5
4,046.4
4 056 6
426.7
418.6
420.9
424.0
411 7
600.9
604.6
598.9
603.9
606 8
555.8
554.8
568.1
567.9
562.3
84.4
85.4
89.3
90.7
90.2
Jan. 8 __
Jan. 15
Jan. 22
Jan. 29
.. 5,704.0
5,781.3
5,747.5
5,694.5
842 7
933.2
905.5
866.4
671.3
672.8
669.7
667.4
452 8
452.1
451.6
451.5
914 6
176 1
916.1 . 176.0
914.5
175.6
175.3
890.5
55 1
53.1
51.9
49.3
920 1
914.8
908.9
906.9
4,032 7
4,118.1
4,077.7
4,007.3
405.4
404.2
408.2
416.5
611.6
611.3
602.6
611.2
564.0
558.4
563.1
563.4
90.3
89.3
95.9
96.1
From Jan. 2. 1935,
through—
June 5
June 12
June 19
June 26
July 3
France
Netherlands
Germany
Switzerland
7
7
6
9
Italy
Asia
All
other
0
7
8
7
Feb. 5
Feb. 12.....
Feb. 19
Feb. 26
5,644.3
5,609.9
5,563,8
5,564.5
835 2
803.0
769.0
771.7
667.7
668.0
668.0
667.7
450 5
452.8
451.7
451.0
893 2
889.5
885.2
879.2
176 0
176.3
177.7
176.4
47 7
47.6
47.3
47.5
903 6
898.4
898.0
905.0
,3,973 9
3,935.5
3,896.9
3,898.5
413.4
413.7
411.5
410.5
617.3
599.5
600.3
597. 5
547.8
565.2
557.1
558.7
92.0
96.1
98.0
99. 3
Mar. 5
Mar. 12
Mar. 19
Mar. 26
Apr. 2
5,560.8
5,592.9
5,598.8
5,567.0
5,526.5
747.5
791.6
766.0
744.5
716.7
669.3
666.6
667.3
666.9
665.4
469.7
470.3
470.3
470.3
471.0
883.2
881.9
881.9
881.7
883.6
175.4
176.6
176.2
177.1
177.1
47.4
47.0
47.3
47.4
47.4
904.4
897.4
903.6
899.1
898 1
3,897.0
3,931.3
3,912.4
3,887.0
3,859.3
402.0
403.6
404.4
399.6
394.9
600.2
607.7
623.0
621.1
623.7
554.1
551.1
558.2
556.8
547.0
107.5
99.2
100.7
102.4
101.7
INTERNATIONAL FINANCIAL STATISTICS
607
NO 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2, 1935 TO DECEMBER 31, 1941-Continued
TOTAL CAPITAL MOVEMENT, BY COUNTRIES-Conlinued
[Net movement from United States, (— ). In millions of dollars]
Switzerland
Germany
Other
FAirope
Total
Europe
Canada
Latin
America
47.2
47.3
47.5
47.0
905.0
910 5
900.6
899 2
3,963.0
3,981 9
3,940.1
3,917.7
395.7
395 5
407,0
410 7
177.8
177.9
177.7
177.6
47.2
47.0
47.2
47.3
889.7
883.7
885.5
884.7
3,894.5
3,875.1
3,870.1
3,879.1
881.5
881.2
885.4
886.0
886 6
177.8
177.6
177.7
177.7
177.6
46.9
47.0
46.9
46.7
47.0
885.3
881.5
880. 5
884.0
883 6
455.9
455.9
455 8
457.0
886.3
876.1
874 0
874.7
177.5
'177.9
178.1
178.5
47.2
47.0
47.1
46.6
668 0
665.7
665.5
663.2
662.8
455 2
455.9
453.6
453.2
452.7
871 8
869.9
872.0
874.1
875.3
178 9
178.4
178.5
179.0
179.0
626.1
629.0
629.1
694.0
660.1
657.8
656.5
654.7
452.1
452.3
450.9
451.0
875.0
854.8
834.9
836.3
5,494.3
5,478.1
5,460.2
5,503.2
676.5
662.8
644.7
726.0
653.6
652.6
652.7
651.9
452.6
450.5
450.7
451.4
Nov, 5
Nov. 13
Nov. 19
Nov. 26.
Dec. 3
5,429 2
5,429.7
5,383.3
5,384.0
5,379 3
703.2
690.1
681.0
675.4
699.3
652.5
650.4
648.0
645.3
643.5
Dec.
Dec.
Dec.
Dec.
5,358.4
5,290 9
5,266.8
5,230.7
685.6
683.9
681.4
674.1
640.8
641.4
640.5
639.9
From Jan. 2, 1935,
through— •
Total
United
Kingdom
1941—Apr. 9
Apr. 16 .
Apr. 23.. Apr. 30
5,647.5
5,678.3
5,666.3
5,652 5
819.0
-837.5
807.4
789 4
670.0
670.1
670.1
668.6
466.4
466.2
463.3
463.3
877.8
872.5
873.5
872.4
177.7
177.8
177.6
177.8
May? 1
May U_ — _
May 21
May 28
5,639.1
5,602.2
5,627.8
5,635.8
771.0
757.7
751.7
760.6
673.5
672.4
670.3
670.2
458.3
457.5
457.5
457.5
877.0
878.9
880.3
881.2
June 4 _ _
June 11
June 18
June 25
July 2
5,608.9
5,602.7
5,627.8
5,620.7
5,575.4
735.3
723.0
729 6
713.7
696 1
670.9
668.8
675.1
672.0
670.5
456.5
460.0
460.1
459.7
456.7
5,584.6
July 9
July i6_- „ 5,561.8
5,534.0
July 23
July 30.. .. 5,506.9
685 6
682.0
668 7
650.1
671.2
671.3
670.1
669.5
Aug 6
Aug. 13
Aug. 20
Aug. 27
Sept. 3__
5,556 1
5,535.8
5,521.2
5,467.2
5,478.3
731 8
714.9
693.6
665.6
636.9
Sept. 10
Sept. 17
Sept, 24___
Oct. 1
5,448.3
5,397.3
5,422.7
5,510.3
Oct. 8
Oct. 15
Oct. 22
Oct. 29
10.
17
24.
31
France
Netherlands
Asia
All
other
621.2
631 2
645.9
639 1
562.1
560 5
559 8
568 0
105.5
109 3
113.5
117 0
420.2
416.0
419.5
403.8
639.9
637.6
641.9
650.4
•569.5
560.6
576.5
583.6
114.9
112.9
119.7
119.0
3,854.1
3,839.1
3,855.4
3,839.8
3,818.2
398.3
389.8
410.8
409.7
400 4
654.3
658.8
654.5
654.7
659 5
583 4
598.4
590.9
598.0
579 7
118.9
116.7
116.2
118.5
117.6
880.7
881.4
880 8
882.3
3,804.4
3,791.6
3,774.7
3,758.6
404.4
403.0
402 8
406.9
656.5
656.5
649.2
640.9
602.2
589.5
588.3
579 . 4
117.1
121.2
119.0
121.0
46 7
50.1
50,2
49.9
49.9
881 2
886.4
894.2
884.6
881.7
3,833 5
3,821.2
3,807.7
3,769.6
3,738.4
400 0
392.1
397.5
394.1
415.4
630 3
635.1
627.8
630.7
630.3
571 0
566.3
557.3
543.4
563.6
121 2
121.2
130.9
129.3
130,6
179.0
179.1
179.2
178.8
50.0
50.0
50.0
50.1
878.1
877.8
898.4
935.1
3,720.4
3,700.8
3,699.1
3,799.8
411.3
408.5
419.7
407.6
624.4
614.3
610.3
606.0
561.8
545.0
561.4
580.1
130.5
128.8
132.2
116.7
836.8
836.4
814.9
816.1
178.7
179.2
178.6
178.5
49.9
49.7
50.2
50.3
932.7
946.3
945.3
927.0
3,780.8
3,777.6
3,737.0
3,801.3
410.2
402.5
400.6
390.2
608.6
610.0
609.4
600.6
576.6
567.7
593.1
587.0
118.1
120.3
120.2
124.1
451.4
449.7
448.9
458.3
459.9
798.5
800.0
780.5
781.3
763.5
178.9
178.9
178.8
179.0
179.0
50.3
50.3
50.4
50.6
50.6
912.2
907.0
912.5
907.9
914.2
3,747.0
3,726.3
3,700.1
3,697.8
3,710.0
381.4
380.5
374.5
383.2
374.7
602.7
596.0
590.5
592 3
5&2.8
572.0
595.3
586.6
580.1
571.1
126.1
131,5
131,6
130.5
130.7
460.4
461.0
463.6
464.4
761.6
743.1
744.8
725.7
179.2
179.1
178.9
179.9
50.5
50.4
50.4
50.5
921.5
899.3
897.5
891.8
3,699>
3,658.2
3,657.1
3,626.3
360.7
350.4
345.6
340.5
583.5
573.2
562.9
567.5
582.9
578.4
570.4
.567.7
131.7
130,6
130.8
128.6
Italy
1
The indicated capital movement for the week ending May 7 includes the following changes due to a change in reporting practice by
one bank (in millions of dollars): Total—nil, United Kingdom +5.7, France +4 6, Netherlands —6.3, Switzerland +4.0, other Europe —11.2,
Asia +3.2. No adjustment has been made for this factor since roughly compensating changes have been incorporated in the reported figures for
various dates beginning in April 1940.
BANKING AND MONETARY STATISTICS
608
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
IHCREASE IN FOREIGN BANKING FUNDS IN U.S., BY COUNTRIES
[Net movement from United States, ( —). In millions of dollars]
United
Kingdom
Netherlands
Switzerland
Germany
Other
Europe
Total
Europe
Latin
America
Far
East
All
other
1.5
-.3
.9
5.8
—6 9
-12 7
— 11 9
-2 9
—1 1
2 0
10
10
-3.9
1l
.2
14
8.0
62
6.3
86
-4.2
•-4 6
—7.9
—14 6
19
17
1 ft
4
44.3
35.1
27.9
23.3
47 1
-2 7
-4.6
-.9
7.1
-3 4
10.8 i
12.1
11.9
14.6
16 2
—10 7
-12.9
-11.9
-9.5
• -7 fl
9
l!4
2.8
3.0
5 7
4.4 1 56.3
64.7
1.6
2 2 1 67.3
61.8
-.7
7 1
8.5
12 3
-1.1
18 3
17.5
19 0
20.1
-3 5
-8 1
—6 2
-13 7
4
5
3
2
62 2
70'.3
100.6
239.7
2 6
8.8
15.3
20.9
21 3
23.5
22.5
24.2
13 7
-7.6
-1.9
-1.7
41
3.6
2.8
3.5
8.1
7.6
10.0
83
8.8
223.2
201.6
196.5
195,5
180.0
16 1
17.6
27.7
33 1
24.3
26.1
25.7
23.4
22 8
22.5
-2 3
-9.6
-10.4
— 14 4
-17 7
4 9
5.1
6.9
4 8
4 7
-.3
_ 4
-1 6
.1
10.1
10.5
93
10.6
187.2
197.1
193 6
192.6
27.5
27.3
29 8
27.7
26.7
23.7
26 3
24.8
-13.5
—12 9
— 13 0
—12 0
4.4
43
4 4
4 8
-5.8
-6.4
-6.0
-5.5
C1)
1.7
-.2
-.3
7.6
6.5
10.1
11.2
179.9
193.5
208.6
206.2
20.0
30.3
95.8
96.7
27.5
27.8
26.2
25.9
—9 9
-2.7
-4.7
2.1
4 6
4.9
2.9
3.5
25.3
29.1
32.3
37.0
48.1
-3.2
-4.2
-3.8
-2.4
-1.7
-1.9
-1.7
-.4
-2.4
(3)
4.7
8.1
13.5
21.3
22 1
188.2
187.8
186.2
227.7
264 6
60.5
59.7
39.4
45.0
26 4
28.1
28.6
29.3
32.6
33 2
2.2
10.6
14.2
14.9
19 8
4.4
2.8
5.7
5.8
67
54.0
60.7
61.2
58.4
49.7
54.8
61.3
62.1
-2.8
-3.8
-4.2
-4.2
.4
-.2
-.9
-7
34.5
46.0
54.6
54 9
313.8
369.7
391.9
393.5
34 3
35.7
38.3
36 1
39.5
36.8
36.3
38 2
27 5
29.1
40 1
43 1
70
7.5
7 5
9 7
71.0
82.5
84.1
131.2
53.3
52.7
48.2
46.0
66.7
67.1
69.0
71.5
-4.1
-4.5
-3.0
-2.8
1.0
5.2
12.3
10.2
52.0
54.8
55.7
57.9
388.8
404.1
416.7
490.4
35.9
45.8
42.8
57.0
39.9
38.0
39.2
38.7
40 2
39.9
42.8
48.0
97
9.0
9.4
10.7
182 4
164.2
152.4
149.1
128 6
137 4
137.0
141.2
136.1
129 6
50 0
54.9
54,3
56.7
55 7
78.8
77.0
75.6
73.7
72.4
—3 1
-3.1
-.4
P)
-8
93
9.6
7.8
6.6
7 3
58.6
58.7
57.0
62.4
607
513.3
498.2
487.9
484.8
453.5
50 1
44.7
39.4
42.1
46 0
39 3
40.0
40.7
36.0
33 5
4B 7
44.7
45.9
56.6
58 B
13 4
9.5
9.1
10.9
11 5
616 4
621.9
G67.1
656.5
127 6
119.3
122.3
119.8
127 8
131.6
130.1
130.9
53 4
50.0
48.6
48.6
76.3
78.9
76.0
78.0
— 9
-.1
-.1
1.7
7 2
5.3
7.4
5.4
64 9
72.8
71.2
68.2
456 3
457.7
455.4
452.5
51 1
59.5
102.8
103.8
35 1
32.4
35.7
33.9
65 5
65.6
65.5
59.1
§4
0.7
7.6
7.3
5......
12.....
19.....
26.....
608,9
590.3
583.3
585.2
111.4
105.0
127.1
133.9
126.3
130.8
110.2
103.8
47.2
47.1
46.9
46.8
76.5
74.6
72.6
71.3
-.5
-2.2
-3.3
-4.3
4.9
4.6
2.5
.4
67.2
65.8
66.4
63.4
433.0
425.8
422.5
415.3
61.6
56.7
52.0
55.9
37.1
39.3
41.6
46.5
70.3
60.7
60.1
60.2
6.9
7.7
7.0
7.3
Mar. 4......
Mar. 11.....
Mar. 18.....
Mar. 25—..
Apr. 1.
576.3
589.4
582.0
580,2
578.4
126.2
125.9
114.6
109.7
- 102.4
104.6
106.0
108.7
111.9
117.8
48.6
48.4
49.5
52.9
44.7
73.9
72.8
73.0
72.6
82.6
-4.6
-6.6
-7.1
-8.3
-8.3
.4
.6
-.7
i
2^6
63.9
76.0
73.6
71.5
69.2
413.0
423.0
411,5
410.2
411.0
52.1
51.6
50.5
44.9
49.1
51.9
54.6
59.8
66.5
64.3
53.8
52.8
54.3
53.0
48.6
5.4
7.3
6.0
5.6
5.3
From Jan. 2, 1935,
through—
Total
1935—Jan
Jan
Jan
Jan
9
16
23
30
2.3
—12.6
12.7
52.3
1.7
-1.8
15 7
23.3
3 7
3.4
10 9
18 1
-5
-2.8
2 1
9.1
.7
.5
.9
5.1
.8
1.6
2.5
-3.0
-.6
-.7
.5
-1.3
.7
1.1
-5 5
.3
6.5
1.6
27.2
51.7
2 3
-3.2
—4 5
-3.9
Feb 6
Feb 13
Feb 20
Feb 27
57.8
66.3
60.6
46.3
23.8
31 3
27.8
28 9
17.0
13 5
15 1
12 9
7.2
89
7.2
52
7.7
6.5
4.9
4.5
-3.0
-3.1
-2,9
-3.4
-1.8
-2.3
-2.7
-2.2
5.0
71
10.9
4 6
56.0
61.9
60.3
50.5
Mar 6
Mar. 13.....
Mar. 20.....
Mar. 27.....
Apr 3
42.5
31.1
29.8
38.6
57.7
20 3
15.6
15.2
15.4
19 2
16 1
10.5
4.6
4.2
13 2
4 3
5.6
5.4
6.0
52
4.1
5.8
2.9
2.3
8.6
-2.0
-2.0
-2.2
-4,5
—4 1
-2.9
-3.4
-3.0
-4.5
-3.8
4.5
2.9
5.1
4.4
87
Apr 10
Apr. 17
Apr 24
May 1
82.9
88.3
96.0
69.8
26 7
28.0
30 8
25.0
9 6
13.0
11 8
15 7
8.1
17.5
16 0
16.8
16.2
13.9
15.3
13.6
-6.2
-7.0
-6.3
-6.7
-2.5
2 3
-2.4
-2.1
May 8
May 15..—
May 22.....
May 29.,—
76 6
98.6
139.3
286.6
30 3
31.4
47.7
62.4
12 8
15.6
23.0
139.2
13 6
13.1
15.4
19.3
14 7
14.2
17.3
19.0
—6 7
-6.5
-6.4
-5.3
3 0
-3.0
-2.6
-4.2
7
5.5
6.2
9.2
June 5
June 12...,,.
Junc 19
June 26
July 3
268.0
240.3
244.0
242,0
213.8
88.8
73.8
72.9
76 3
67.8
86.1
70.3
68.1
64 5
58.2
22.6
33.3
27.3
31 1
28.7
25.4
23.3
24.3
21.7
22.2
-4.3
-3.8
-3.8
-4 5
-5.3
-3.5
-3.0
-2.4
-1 8
-.3
July 10.....
July 17
July 24
July 31
232.2
239.4
241 1
237.8
76.6
80.5
79 2
77.8
57.3
60 7
58 6
58 2
28,5
30,8
33 9
30.8
21.3
21.1
20 2
21.2
-6.3
-6.1
-6 0
-6.1
Aug.
Aug.
Aug.
Aug.
7 ...
14 —
21_..._
28 —
222.1
253.9
328.8
334.5
69.1
71.2
77.5
73.4
54.9
54.1
59.0
58.7
32.1
43.7
45.0
45.7
22.0
22.7
23.3
23.2
Sept. 4_ —
Sept. 11 —
Sept. 18......
Sept. 25......
Get 2
283.5
289.5
274.8
326.0
350.7
65.1
70.4
68.9
85.5
94 5
56.3
48.7
45.6
50.3
58 1
41.9
37.4
29.9
38.4
43 5
Oct. 9
Oct. 16......
Oct. 23 . .
Get 30
422.1
478.8
514.1
520.6
122.3
148.4
155.8
154.1
55.8
63.7
64.1
68 9
Nov. 6
Nov. 13.....
Nov. 20— ._
Nov. 27....,
514.5
536,8
550.9
644,9
149.0
146.3
150.5
176.4
Dee 4
Dec. l l . _ _ . _
Dee. 18.....
Dec. 25.....
1936— Jan 1
662.8
637.1
622.9
630.4
603.3
Jan 8
Jan. 15.—
Jan. 22......
Jan. 29......
Feb.
Feb.
Feb.
Feb.
i Outflow less than $50,000-
France
' Inflow less than $50,000.
Italy
Canada
6
7
6
7
INTERNATIONAL FINANCIAL STATISTICS
609
NO. 16I-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
INCREASE IN FOREIGN BANKING FUNDS IN U.S., BY COUNTRIES-Continucd
[Net movement from United States, (.—). In millions of dollars]
Switzerland
Germany
47.2
47 6
46.3
46 0
82.3
81.8
81.8
80 2
-9.2
-9.2
-8.7
-9.4
143.8
126.5
118.9
114.8
130.1
50.3
50.9
58 5
58.1
56 6
85.7
84.1
85.5
89.6
98.7
174.2
197.3
193 6
178.3
139.4
141.0
123.9
119.0
72 8
81.8
90 0
92.4
778.1
770.5
766.5
761.3
178 8
170.8
175 6
179.7
114 9
118.6
112 8
108.2
91
88
84
82
Aug. 5
Aug. 12. _ _ _ _
Aug. 1 9 _ _ _ . _
Aug. 26
Sept. 2 .
761.6
786.3
788.9
803.9
756.4
180 1
185.1
182.9
185.1
158 4
Sept. 9
Sept. 16
Sept. 23
Sept. 30
777 2
776.5
819.8
898.5
Oct.
Oct.
Oct.
Oct.
7
14
21
28
Far
East
Other
Europe
Total
Europe
Canada
3.8
3.2
2.4
16
75.1
88.7
79.0
80.6
399.5
416.1
405.1
405.0
47.3
51.3
58.4
90.6
69.8
70.5
74.3
77.3
50.3
54.5
53.5
56.6
4.9
5.1
5.6
4.6
-9.9
-9.9
-9.6
-8.6
-9.9
1.1
3.1
3.4
3.7
3.5
81.4
85.9
81.4
81.9
63.8
461.8
466.4
465.0
475.5
488.0
79.0
78.5
77.5
77.6
73.6
79.7
83.2
85.9
81.6
86.2
59.1
59.9
61.8
61.8
77.6
6.6
9.1
6.2
6.3
6.2
109.4
112.9
114.5
115.9
-10.1
-9.2
-9.3
-9.8
5.0
8.1
6.5
5.6
66.1
74.0
76.3
74.7
556.9
605.8
595.4
576.1
60.5
61.3
61.3
33.7
'91.1
85.4
84.6
82.4
79.4
78.2
78.1
76.3
8.4
9.4
9.7
10.4
3
0
4
3
115 4
115.1
114 7
110.6
-10 3
-10.1
— 10 2
-8.9
87
8.8
85
8.3
75 1
70.9
70 8
70.9
573.9
562.3
556.7
551.1
33.8
36.7
37.5
38.5
86.2
86.4
86.0
87.3
75.4
76.7
78.5
77.5
8.8
8.4
7.8
7.0
110 1
105.1
104.5
104.8
104 5
79 3
78.0
75.5
76.6
74 6-
109 9
113.9
112.6
112.3
116 1
-8 7
-8.8
-8.9
-8.8
-10 0
7 5
9.6
9.6
10.6
87
69 7
70.0
73.0
66.2
69.4
547.8
553.1
549.2
546.9
521.8
46.6
56.9
62.8
73.9
56.8
89.6
87.4
86.2
87.7
85.2
70.5
81.0
83.4
88.1
84.7
7.1
7.9
7.2
7.4
7.9
162 0
156.2
169.9
221.6
107 9
110.3
123,9
131.1
72 8
73.5
68.7
63.9
115 7
116.9
119.7
133.6
—10 3
-10.4
-10.2
-10.1
10 4
7.9
8.9
10.5
71 0
71.4
74.8
82.3
529 4
525.9
555.6
632.9
58.2
57.4
64.9
71.4
91 3
88.3
90.1
86.0
90.4
97.2
101.6
100.4
8.1
7.7
7.6
7.9
919.6
931.4
903 1
895.9
230 5
219 6
221 9
211 0
131
140
112
114
65
90
86
84
9
6
8
8
150 1
150 0
132 6
133 7
—10
—9
—10
— 10
13
13
16
18
0
8
4
7
85 9
73.2
90 8
87.5
665 9
678.1
650 7
640.2
63 2
69.6
75 3
74.8
85 3
83.1
81.2
78.8
95.6
92.6
87.6
93.2
9.6
7.9
8.3
8.8
Nov. 4
Nov. 11
Nov. 18
Nov. 25._.__
Dec. 2 . .
860 9
862.9
849.7
882.5
888.8
211 0
209.7
183.8
175.9
159 4
120 4
124.6
128.3
125.5
112 7
76 6
77.8
77.7
86.1
79 7
135 8
132.6
122.1
116.3
115 0
-8.3
-7.4
—5 4
19 0
19.2
22.2
20.5
23 7
66 2
63.6
68.0
73.9
78 4
619 4
618.2
593.8
590.9
563 6
72 5
78.8
82.5
101.3
84.6
78 0
76.9
84.5
95.4
151.8
82.2
80.4
79.9
87.1
80.4
8.8
8.6
9.0
7.7
8.4
Dec.
Dec.
Dec.
Dec.
906.4
926.0
911.5
930.5
163 7
171 0
157.8
163 5
114 3
124 2
136.8
144 2
72 7
78 5
65.5
65 9
118 7
113 1
106.6
109 8
—4 4
—1 1
1.7
2 7
26 5
30 0
29.9
23 0
82.9
82 3
81.9
79 7
574,4
597 9
580.1
588 9
82.6
79.7
74.3
86.8
154.4
153 8
153.3
149.3
87.0
86.6
90.8
90.4
8.0
8.1
13.0
15.2
924 0
906.9
931.6
1,026.8
1 051 4
175
162
176
159
168
7
3
8
2
6
142
141
128
133
134
0
3
5
4
9
62
60
60
63
61
2
3
1
0
3
114 7
112 6
111 3
111 5
109 3
17
9
2 4
6
9 9
21
19
17
16
13
80
79
85
81
80
8
3
5
3
5
598 4
576 3
582 1
564.9
578 3
79 1
75.9
82.5
162.7
165 7
148 9
152.2
161 2
200.1
204 5
86 0
91.9
95.2
87.9
91 1
11.7
10.6
10.6
11.2
11 7
Feb. 1 0 _ _ _ _ _
Feb. 17
Feb. 24
Mar. 3
1,056.8
1,067.3
1,136.8
1,094.8
142
146
156
149
8
9
9
0
141 9
137 2
142 4
144 4
59
58
53
55
9
7
3
2
105
109
96
97
Mar. 10
Mar. 17
Mar, 24
_
Mar.31._...
1,102.9
1,100.0
1,110.6
1,121.6
156.5
170.1
173.6
154.7
148.2
142.1
155.5
140.9
50.0
48.5
48.9
47.6
Apr.
Apr.
Apr.
Apr.
1,140.0
1,185.9
1,223.5
1,278.8
183 0
211.7
233.7
230.9
125 5
131.1
129.5
130.4
May 5
1,321.3
May 12
1,353.8
May 19
1,376.5
May 26. _ „ 1,438.0
June 2
1,436.2
236.8
251.8
254.1
277.2
284.6
June 9
June 16
June 23
June 30
300 0
306.6
310.0
300.9
United
Kingdom
France
571.8
597.5
596.9
634 2
90.0
90 4
92.1
99 0
110.2
113,6
112.3
107.0
May 6
May 13... ._
May 20
May 27
June 3
686,2
694.1
696.4
702.8
731.5
109.3
125.9
126 8
136.0
145 1
June 10
June 17.
June 24
July 1
796.3
840.1
829.2
779.0
JulyS
July 15. .__
July 22
July 29-.--.,
From Jan. 2, 1935,
through—
1 936— Apr. 8
Apr. 15
Apr. 22
Apr. 29
9
16 .
23______
30
1937— Jan. 6
Jan. 13
Jan. 20.
Jan. 27
Feb. 3
7
14____.
21
28
Total
1,490 3
1,559.0
1,615.6
1,612.4
0
5
4
8
Netherlands
6
5
2
3
—9 6
-9:3
Italy
3
6
5
0
9
Latin
America
All
other
2
8
3
6
12 7
9 3
18 4
15 1
103 8
105 4
98 6
89 4
584.8
587 1
590 0
577 5
164.6
167.4
176 2
128 5
206.9
213.0
268 7
268 4
88.5
87.5
89.8
109.0
12.0
12.3
12.1
11.5
99.6
97.9
98.0
99.4
22.2
23.9
23.8
24.5
20.1
19.8
19.9
17.9
90.7
• 81.6
86.1
94.2
587.4
583.9
605.8
579.2
125.4
129.3
115.8
110.7
275.6
278.0
283.9
326.4
101.2
95.8
93.2
94.7
13.3
13.0
11.9
10.5
44 6
52.2
58.7
69.8
100 7
110.2
112.9
125.5
24 8
12.9
12.2
11.9
18 7
29.0
29.0
28.5
99 8
95.8
99.6
102.0
597 1
642.9
675.5
699.0
106 9
100.2
102.8
108.1
328 1
334.7
335.0
349.3
96 9
97.3
99.6
110.7
10.9
10.8
10.5
11.7
138.7
134.4
131.2
150.1
155.9
64.3
64.7
57.2
66.3
67.2
140.6
156.3
193.5
211.7
247.9
11.2
1.2
.1
1.6
.5
24.9
31.5
21.2
15.0
8.9
107.9
110.5
114.5
112.6
113.1
724.5
750.4
771.6
834.6
878.2
100.6
100.9
100.5
100.0
94.3
375.7
381.2
386.3
386.6
344.1
108.4
108.3
106.2
103.1
106.0
12.1
12.9'
11.8
13.8
13.6
157 9
164.9
167.5
174.1
76 6
95.4
111.4
132.2
277 3
302.9
316.8
317.7
15
4.4
8.4
10.9
88
9.3
7.9
4.3
121 3
126.9
132.8
131.3
943 6
1,010.5
1,054.8
1,071.5
91 0
93.3
104.3
90.8
336 8
332.6
330.1
334.2
104 6
108.7
111.2
100 6
14 4
13.8
15.2
15.4
4
9
9
7
18
19
23
26
610
BANKING AND MONETARY STATISTICS
NO 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
INCREASE IN FOREIGN BANKING FUNDS IN U.S.,BY COUNTRIES-Ctntiniiftd
[Net movement from United States, (—}. In millions of dollars]
From Jan. 2, 1935,
through—
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Far
Eut
All
other
1,673.5
1937— July 7
July 14 . _ 1,670.4
1,712.1
July 21
1,721.7
July 28
339.4
329.8
330.0
324.8
168.1
160.3
156.8
154.2
138 3
146.6
150.2
150.9
329 2
340.6
348.4
352.2
11 6
2.2
10.1
11.7
10.0
7.6
7.3
132 1
135.2
141.1
145.4
1,121 0
1,129.0
1,144.3
1,146.5
91 7
89 1
97.1
102.5
332 9
331.7
332.2
333.3
112 7
112 3
122.4
122.8
15 2
14 2
16.1
16 6
Aug. 4
Aug. 11 —
Aug. 18—
Aug. 25—
Sept. 1
1,718.7
1,712.8
1,716.6
1,722,4
1,706.1
321.5
307.9
303.3
303.8
316 7
153 6
149.5
154.5
148.1
153 8
152 4
153.9
155.8
156.6
159 0
357 2
369.6
376.9
385.7
389 5
10 7
9.7
6.2
8.8
12 1
5 5
5.5
5.8
5.9
6 0
145 0
150.8
151.1
156.5
153 7
,146 0
,146.8
,153,8
,165.5
,190 9
108 3
112.8
112.6
116.0
115 3
309 4
297.8
294.2
290.2
250 3
139 6
141.6
140.5
135.4
135 1
15 3
13.9
15.4
15,3
14 5
Sept. 8
Sept. 15^.,..
Sept. 22—
Sept. 29..—
1,712.1
1,728.1
1,721.4
1,743.6
316.7
323.6
318.3
313.7
156.0
163.3
162.9
165.2
157 5
156.1
159.8
154.8
400 1
408.1
403.7
411.8
11 5
12.2
14.2
19.4
5.7
157.6
160.1
161.1
176.9
,205.1
,230.7
,226.9
,250.5
116 3
117.5
122.0
120.0
250 1
241.8
241.1
239.2
125 9
123.5
116.7
120.0
14 7
14.5
14.7
13.9
1,714.6
Oct. 6
1,684.2
Oct. 13
1,632,0
Oct. 20
Oct. 27 „ . 1,504.4
1 531.6
Nov 3
295 0
288.1
276 4
272.1
259 1
172.5
166.4
152 2
135.9
136 6
154 7
151.8
147 9
148.8
147 9
441
437
430
420
397
19
19
13
12
14
Nov.
Nov.
Nov.
Dec.
10— 1,490.6
17— 1,431.1
24— 1,407.8
1 . — 1,392.3
254.9
243.7
229.5
218.6
134.9
117.3
119. 4
115.5
127.9
121.9
121.9
124.8
Dec.
Dec.
Dec.
Dec.
1,294.4
8
15 .— 1,278.8
1,198.6
22
29 .„-_ 1,168.5
215.0
211.0
203.2
189.3
111.2
111.2
105.9
111.8
1,157.7
. 1,129.2
1,102.6
1,092.7
1,059.7
183.7
189.2
190.6
188.7
177.7
1 025.4
1 010.6
1,009.7
974 4
6.6
7.3
6.8
8.8
6
5
3
3
3
11 9
11.3
6 3
174 0
173.3
163 8
157.5
155 0
,265 9
,246.3
,195 5
,158.5
117 2
125 3
127.7
127 1
125 3
129 7
196 4
191.9
189 9
187.0
161 3
110 2
104.6
105 4
110.6
109 9
16
13
14
13
13
383.0
375.9
378.2
372.5
14.6
7.8
5.7
5.7
2.0
5.3
5.7
9.0
130.7
132.3
126.0
114.3
1,048.1
1,004.2
986.3
960.5
130.5
128.1
124.2
116.5
154.9
149.2
146.8
150.7
143.6
137.1
138.9
154.4
13.6
12.5
11.5
10 1
72 7
72.9
76 2
76.3
371 6
375.3
290 5
288.4
37
9.8
9.6
9.6
6.9
114.7
113.1
111.1
109.4
898.6
897.9
803.0
791.7
96 9 \
94.0
106 4
76.3
144.7
141.7
141.7
166.3
144.3
134.7
137.8
126.2
9
10
9
8
9
5
7
0
104.4
104.0
103.8
99.8
99.1
73 8
69.5
66.6
66.0
59.2
289 0
288.0
268 3
267.7
256 3
12 7
11.1
10 0
10.5
8 0
5.7
5.4
108.7
108.4
110.7
112.9
114.1
. 777.9
775.7
753.5
746.9
714.3
81.0
86.6
78.9
81.1
86.5
157.2
130.0'
130.5
130.8
130.4
133.2
125.5
130.4
124.4
120.5
8
11
9
9
8
4
4
4
6
0
171 9
160.5
177.9
185 1
95 8
96.5
92.6
94 6
50 0
48 7
40.0
35 2
248 7
253 4
249.9
227 6
11
2 1
-5
15
—1 4
-1 9
115 4
110.0
106.0
102 1
681 4
669.3
667.0
641 3
85 4
83 1
85.6
80 5
131 3
131.8
131.7
133 5
119,0
119.2
117.9
113 0
8
7
7
6
2
3
5
0
962.4
948.0
949.6
949.8
184.4
172.0
170.7
175.9
88.8
92.6
95.8
94.1
35.3
34.5
36.1
34.6
223 4
223.0
227.1
223.0
-1 5
-2.6
-4.2
-3.9
-3.2
-3.4
-4.4
-3.9
97.4
92.0
88.3
88.8
624.7
608.2
609.4
608.6
83.5
83.7
89.5
86.3
134.3
134.3
132.8
137.0
113.1
114.6
109.9
108.5
68
7.3
8.0
9.3
Apr. 6
Apr. 13
Apr. 20
Apr, 27
899.1
894.8
892.7
897.6
156.9
157.5
162.2
168.0
98.8
97.0
89.8
86.0
32.4
31.0
28.8
33.3
218.1
214.9
210.5
210.6
-3 2
-2.9
-1.9
-2.8
-3.2
-2.6
-3.6
-3.6
83.8
79.4
76.0
76.8
583.5
574.4
567.9
568.4-
83.2
80.9
85.7
86.4
133.2
142.0
139.6
141.4
91.5
90.7
92.5
95.2
7.7
6.8
6.9
6.2
May 4
May 11
May 18—
May 25
June 1
863.9
831.4
817.3
824.6
804 4
160.9
149.2
153.1
141.0
127 4
92.8
79.8
75.4
76.6
74 6
33.0
32.3
30.4
34.4
33 2
203.9
185.7
176.6
175.1
167 4
-2.8
-2.0
-2.6
.6
2 g
-2.6
-2.4
-2.9
-1.7
1 0
63.2
66.2
67.9
79.4
79 3
548.4
508.8
497.9
505.5
480 0
79.4
85.7
83.3
83.4
86 4
138.5
140.2
138.3
139.1
146 0
91.3
90.8
91.0
88.8
84 3
6.4
5.8
6.8
7.8
7 7
June 8
June 15
June 22.. „_
June 29
790.5
787.6
793.2
786.2
132.7
134.3
139.0
145.2
73.6
72.9
73.1
70.1
30.5
30.0
30.8
34.7
167.3
165.8
164.9
160.1
-2.1
-2.6
-4.2
-2.3
75.1
74.0
71.4
75.0
479.4
476.7
476.6
482,2
81.8
83.6
85.8
73.4
147.4
143.0
143.2
140.8
76.8
78.4
81.6
83,4
5.0
5.9
6.1
6.5
July 6
July 13
July 20
July 27
Aug. 3
765.9
737.6
740.2
740.7
751.3
137.9
136.7
146.2
149.1
152.5
69.5
71.3
71.6
69.7
71.9
34.7
32.9
29.8
31.1
32.3
161.0
152.6
153.3
152.2
154.2
-1.5
-2.9
-4.4
-5.8
-6.8
2.3
2.2
1.6
-.5
y
-L9
-2.8
-2.9
-2.9
72.6
65.4
61.0
59.4
59.5
473.7
69.0
454.2 | 66.3
75.7
454.8
73.5
452.9
74.9
460.7
141.0
132.8
128.6
130.4
128.3
74.7
75.9
71.1
73.4
78.5
7.6
8.5
10,0
10.4
8.9
Aug.
Aug.
Aug.
Aug.
10—
17....
24
31....
761.8
770.2
794.6
820.6
155.7
155.2
157.2
166.0
73.9
83.5
93.4
94.5
33.1
35.8
29.6
30.7
153.5
155,8
158.6
162.5
-9.6
-9.2
-8.9
-8.0
-1.9
(!)
-1.2
-1.0
5S.2
55.3
61.0
62.5
463.8 ': 75.8
75.9
476.5
83.1
489.8
84.5
507.3
129.0
128.9
127.2
133.3
84.0 r
9.2
79.0
9.7
82.7 1 11.9
81.4
14,2
Sept. 7
Sept. 14....
Sept. 21....
Sept. 28—
879.6
1,025.4
1,146.2
1,180.2
201.0
218.7
263.3
236.3
104.2
114.1
119.3
133.5
30.7
48.6
54.0
68.3
163.5
170.8
168.8
177.3
-8.2
-10.2
-11.5
-12.0
-1.5
1.7
1.3
-1.5
74.7
117,9
164.4
185.9
564.4
661.6
759.6
787.8
132.2
147.7
152.8
164.1
83.3 i 14.7
111.3
16.6
120.6 1 19.4
115.9 21.7
1938 -Jan. 5
Jan. 12
Jan. 19
Jan. 26
Feb. 2
Feb
Feb.
Feb.
Mar
Mar.
Mar.
Mar.
Mar.
9
16
23
2
9
16
23
30—
i Outflow less than $50,000.
0
6
1
7
9
2
5.0
6 5
9.6
9 1
9.7
36
1.1
(i)
1.1
—1 8
Inflow less than $50,000.
85.0
88.3
93.8
90.7
8
7
1
0
6
INTERNATIONAL FINANCIAL STATISTICS
611
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
INCREASE IN FOREIGN BANKING FUNDS IN U. $., BY COUNTRIES-Continued
[Net movement from United States, (—). In millions of dollars]
Other
Europe
Total
Europe
Canada
Latin
America
15
2.5
2.7
3.9
3.1
189.9
190.7
199.3
191.8
189.3
817.3
836.5
917.6
910 1
889.8
111.6
109.4
108.7
126.4
126.0
160.8
141.7
142.6
138.9
131.4
115,3
112.6
124.6
121.1
123.6
22.3
23 5
21.9
21 8
20.9
-5.3
-10.0
-12.8
-10.8
3.9
185.8
188.9
200.0
187.6
887.9
913.6
936.1
935.2
122.6
121.3
164.9
183.1
144.1
136.4
141.3
134.7
125.0
137.6
137.0
144.9
23.5
22.3
21.7
23.7
201.2
202.2
206.4
203.7
205.1
-12.8
-12.1
-10.3
-9.8
-11.8
.8
.9
3.8
3.8
1.7
191.5
196.6
194.4
203.0
208.6
959.6
947.1
982.8
1,010.6
1,010.7
170.6
169.1
143.0
135.1
101.6
134.5
134.4
135.3
134.0
127.6
153.8
155.4
164.3
170.8
163.3
23.0
23.8
21.8
20.4
22.2
85.4
87 9
89.5
100 5
198.8
189 2
213.1
220 2
-12.4
-11.8
-12.9
-13.8
.8
.5
-.4
-9
214.1
221.0
222.2
221.4
992.0
1,000.2
1,026.4
1,048 2
105.3
115.2
105.2
125.6
130.7
129.5
129.1
133.6
176.0
187.5
182.7
194.8
25.1
24.9
24.5
25.1
1
3
4
4
106.8
105 6
105^4
116 4
224.6
222 0
224.7
222 5
-13.0
13 7
-13.0
—12 0
-3.1
—5 3
-5'8
—6 9
219.4
212 2'
210^8
224 4
1,074.4
1 075 7
1,079.6
1,122 7
128.8
129 7
123.1
112.4
138.2
138 0
143.7
143.0
188.7
192 6
194.2
189.3
25.4
23 8
23.9
27.1
396.6
395.7
396.0
401.8
189 9
184.1
186.8
187.4
112 4
117.3
134.6
129.9
221 2
226.0
218.1
233.4
-12.8
-9.8
-11.1
-10.9
-6.7
-5.6
-4.6
-3.9
231.0
231.1
249.2
267.8
1,131.7
1,138.8
1,169.0
1,205.5
114.9
121.6
139.4
136.5
148.9
150.7
171.4
179.8
186.3
182.4
192.9
194.5'
27.7
26.2
29.1
31.3
1,817.5
1,877 6
1,950.7
1,991.9
2,078.4
431.5
473 3
459.2
476 7
484.9
198 9
203 7
. 223.9
236 8
- 244 3
137 0
135 0
145.4
141 0
139 4
234 0
230 3
233.5
230 6
230 8
—14.9
— 14 5
-14,2
—15 7
—15.1
—5.4
—6 2
-6.0
-5 7
-6.4
271.8
285 8
311.4
318 4
324.3
1,252.7
1,307 4
1,353,0
1,382 1
1,402.2
152.1
151 1
159.6
166.9
216.8
184.6
191.3
202.4
209.6
221.0
193.5
194.4
201.0
197.9
204.0
34.6
33.4
34.7
35.3
34.3
10
17
24
31
2,088.4
2,100.5
2,103.6
2,105.2
489.2
503.0
507.9
505.8
243.6
239.6
239.5
243.2
141.0
136.2
126.7
123.2
232.2
233.4
228.2
224.7
-15.9
-15.1
-15.6
-14.0
-6.7
-6.5
-5.1
-4.4
322.6
323.2
326.7
323.6
1,405.9
1,413.8
1,408.3
1,402.1
215.2
213.5
212.6
209.3
228.0
236.4
247.8
250.7
205.7
202.8
198.0
206.6
33.6
34.1
37.1
30.6
June 7
June 14
June 21,
June 28
2 071 0
2,082.8
2,094.8
2,111.8
518 0
533.0
527.6
535.2
234 5
240.5
247 6
252.3
122 8
131.7
127 0
132.0
223 9
223.6
233 7
227.1
14 9
.-14.6
—15.0
-14.5
—6 2
-6i3
-6 2
-6.6
315 4
309.7
312.7
320.0
1 393 5
1,417.6
1,427.5
1,445.5
193 2
192.9
194.9
191.5
245 8
240.5
238.5
242.0
202.9
194.2
195.9
195.0
35.6
37.6
38.0
37,8
July5
July 12
July 19
July 26
Aug 2
2,112.9
2 094 8
2 106 2
2,130 2
2 160 4
506.1
484 1
492 1
495 3
517 0
264 3
261 5
260 7
252-1
252 1
133
140
141
139
138
229
232
230
235
234
8
3
1
1
9
— 15.1
—15 9
14 5
—15 9
15 3
-6.2
—5 4
—6 2
—6 0
—5 5
330.5
332 9
332 5
332 7
332 8
1,442.8
1,429 7
1 435 6
1,433 2
1 454 9
192.1
182.8
181 6
193 5
205 4
239.8
238.5
243 2
254.5
258 6
200.1
201.2
202.6
206.6
200.4
38.1
42.7
43.3
42.4
41.2
Aug.
Aug.
Aug.
Aug.
9. ...
16
23
30.....
2,205.2
2,248.2
2,352.4
2,399.5
511.7
529.5
570.1
522.3
253 9
262 6
263 6
283.7
144 6
143 0
140 9
144.8
234.6
226 2
243 0
270.0
-15.5
—15.7
— 17.5
-18.5
-5.2
—4.1
-5 2
-7.4
335.6
350.1
379.2
384.1
1,459.7
1,491.6
1,574.1
1,579.0
232.4
235.6
240.2
256.1
261.4
260.7
265.5
268.9
208.8
220.5
227.9
238.1
42.9
39.8
44.7
67.5
Sept. 6
Sept. 13.....
Sept. 20
Sept. 27
2 407 1
2,454.9
2,502.1
2,479.5
547 4
575.7
624.8
584.5
290 2
292.0
283.0
263.8
144 8
152.2
166.1
172.0
273 7
276.7
281.2
286.2
—21 6
-21.4
-21.7
-21.9
—8 5
-8.3
-2.4
-1.6
378 2
388.9
389.6
399.5
1,604 2
1,655.9
1,720.7
1,682.5
230 2
236.4
219.5
225.2
279.2
270 .4
263.8
262.0
232.6
240.5
244.7
255.6
60.9
51.8
63.4
54.3
Oct. 4
Oct. 11
Oct. 18
Oct. 25
Nov. 1
2,454 7
2,438.8
2,428.2
2,451.6
2,437.0
564 4
572.4
576.2
558.5
541.5
259 3
244.8
229.2
227.8
223.9
172 1
163.6
167.9
172.0
174.6
281 1
282.7
283.0
293.8
290.4
—20 1
-21.5
-20.2
-20.0
-20.5
2
1.3
12.2
12.8
12.2
398.5
408.1
403.0
428.7
425.6
1,655 5
1,651.3
1,651.3
1,673.5
1,647.7
226.0
222.1
211.2
209.0
225.3
261.8
262.3
258.1
258.1
250.9
255.6
247.8
249.9
253.3
252.6
65.8
55.3
S7.7
57.6
60.6
Nov.
Nov.
Nov.
Nov.
8......
15
22
29
2,411.5
2,432:2
2,399.3
2,448.1
528.2
471.0
435.9
429.4
224.5
241.4
. 244.7
244.1
171.6
178.6
176.4
180.7
305.2
324.0
315.9
320.4
-20.3
-19.7
-20.4
-18.4
12.3
13.5
12.5
16.7
423.2
427.9
440,8
446.9
1,644.7
1,636.8
1,605.9
1,620.0
220.7
225.2
218.9
227.4
231.4
231.3
231.9
240.0
257.7
273.3
276.2
289.2
57.1
66.6
66.4
71.4
Dec. 6
_
Dec. 13. . _ r _
Dec. 20
Dec. 27
1940—Jan. 3
2,438.7
2,438.6
2,470.2
2,464.4
2 430 8
410.0
386.2
412.8
396.2
376 1
237.5
236.1
234.4
231.6
256 1
180.2
187.0
194.8
190.8
190 9
324.5
342.5
335.4
352.0
362 7
-18.9
-20.0
-21.0
-22.2
—20 1
10.9
14.4
16.3
16.7
19 7
467.7
457.4
481.5
473.1
470 0
1,612.0
1,603.6
1,653.9
1,638.2
1,655 4
220.8
215.8
193.9
185.0
174 5
239.0
241.0
240.7
243.6
215.1
296.1
304.3
308.3
319.8
1325.4
70.8
73.8
73.3
77,8
60.5
United
Kingdom
Switzerland
Netherlands
Germany
From Jan. 2, 1935,
through—
Total
1938— Oct. 5
Oct. 12
Oct. 19., . .
Oct. 26
Nov. 2 .
1,227.2
1,223.6
1,315.3
1,318.3
1,291.7
246.3
250.0
294.2
295.3
281.1
137.1
141.8
160.7
158 2
155.8
61.2
62.7
67.8
66 6
65.1
191.6
200.8
204.3
205.9
205.1
-12.4
-12.1
-11.4
—11.6
-9.6
9
16
23
30
1,303.1
1,331.3
1,401.0
1,421.7
286.5
292.5
301.2
307.3
155.2
168.0
163.7
166.2
58.7
61.9
68.8
81.0
203.1
208.5
213.1
201.9
Dec. 7
Dec. 14
Dec. 21
Dec. 28
1939— Jan. 4
1,441.6
1,429.8
1,447.2
1,470.8
1,425.4
341.7
328.6
351.1
366.7
364.0
155.6
154.4
154.9
158.8
155 3
81.6
76.4
82.5
84.4
87.9
1,429.3
Jan. 11
1,457.3
Jan. 18 .
Jan. 25., _. 1,467,9
1,527.2
Feb. 1
340.4
347.9
347.0
358 0
165.0
165 5
167.8
162 8
Feb. 8..
Feb 15
Feb. 22.
Mar. 1
1,555.5
1 559 9
1,564.5
1,594.4
370.7
377 5
373.0
395 8
169
177
184
182
Mar,
Mar.
Mar.
Mar.
1,609.4
1,619.7
1,701.7
1,747.6
Apr. 5..
Apr. 12
Apr. 19.....
Apr. 26
May 3
May
May
May
May
Nov.
Nov.
Nov.
Nov.
8.
15
22
29
France
4
1
0
9
9
Italy
3.7
2.1
2.1
Far
East
All
other
1
Figure covers all Asiatic countries. Previous figures include only British India, British Malaya, China, Japan, Netherlands East Indies,
and Philippine Islands, the remaining Asiatic countries being included under "all other."
612
BANKING AND MONETARY STATISTICS
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
INCREASE IN FOREIGN BANKING FUNDS IN U.S., BY COUNTRIES-Conlmiwd
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through—
Total
2,473.5
1940— Jan. 10
Jan. 17 . — _ 2,487.3
Jan 24
2,490.0
Jan. 31
. 2,471.2
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Asia
231
230
'82
231
340
353
340
328
362,7
365.9
354 8
332.3
261 5
252.9
257 8
258.5
191 5
194.8
188 8
186.3
368 7
367.4
370 1
381.8
-21 1
-21.4
—21 1
-20.5
22 5
23.1
25 1
24.9
494
498
517
522
7
0
2
1
1 680 5
1,680 7
1 692 6
1,685 4
162
162
165
166
7
5
6
8
0
7
9
2
All
other
6
4
8
8
58
60
58
58
8
0
2
9
Fob. 7
Feb. 14
I'Vb.21____.
Feb. 28
.
2,463.0
2,473.0
2,457.1
2,479.3
333 5
321.8
302.6
304.4
256 7
259.1
252.8
256.4
180 9
182 7
186.1
186.2
381 6
395.1
398.2
397.3
21 2
-21.3
-21.1
-21.2
24 9
23 9
24.3
25.7
524 0
546 3
531.7
546.6
1 680 3
1 707 5
1,674.6
1,695.4
161 5
161 4
159.8
168.5
2^9 6
235 6
234.2
233.6
33'' 4
312 2
331.7
381.3
59 2
56 2
56.8
50.4
Mar.
Mar.
Mar.
Mar.
Apr.
6......
13—
20
27
3.. .
2,437.6
2,461.6
2,500.2
2,522.8
2,539.0
285.0
283.4
273.9
271.2
289.1
252.8
254.3
249.4
252.9
258.6
186.8
184.0
187.0
184.6
185.7
393.8
413.1
414.0
418.0
418.5
-=20.9
-20.6
-21.2
-20.5
-21.2
27 7
31.4
35.8
35.5
50 5
540 5
534.4
571.5
570.9
571 8
1 665 7
1,680.0
1,710.4
1,712.5
1 753 1
154 2
158.0
155.7
173.1
150 0
236 9
238.0
248.1
251.0
244 5
335 3
343.1
343.1
343.0
349 3
4"S 4
42.5
42.9
42.6
42 2
Apr. 10.-...
Apr. 17.___..
Apr.24__ —
May 1_— _.
2,521.7
2,538.9
2,566.9
2,562.1
260.7
273.2
271.5
254.4
256.7
258.3
259.0
254.6
186.0
197.2
200.5
199.1
412.3
408.1
434.6
433.9
-21.7
-21.9
-21.5
-21.2
45.0
48.9
54.5
52.5
575.6
570.4
562.5
569.2
1,714.6
1,734.3
1,761.1
1,742.7
161.6
152.4
148.5
155.2
249.1
262.8
264.6
269.0
353.5
343.4
349.8
351.6
42.9
45.9
42.9
43.6
May8.
May 15..,.,.
May 22
May 29
.
2,566.1
2,560.6
2,612,7
2,552.5
270.6
288.1
287.6
282.4
248.6
251.5
296.5
287.0
197.4
190.3
187.6
184.4
435.7
419.9
405.9
399.9
-21.3
-19.9
-19.2
-19.7
47.5
51.5
50.3
46.2
569.2
567.6
570.0
572.4
1,747.7
1,749.0
1,778.7
1,752.6
143.0
149.2
152.0
135.8
272.4
272.8
282.7
281.5
364.4
350.2
354.5
335.9
38.5
39.5
44.7
46.6
June 5
June 1 2 _ _ —
June 19.....
June 26.
July3.
2,573.0
2,540.0
2,740.0
2,729.7
2,830.1
286.2
301.1
298.0
295.2
325.8
287.6
260.8
471.3
455.3
472.7
183 8
175.7
176.4
175.4
170.8
418.5
412.9
412.7
418.6
427.4
-19.4
-19.1
-19.3
-20.1
-19.9
24 4
13.9
13.7
10.1
11 0
564 9
564.0
557.8
562.0
578 8
1 746 0
1,709.3
1,910.6
1,896.4
1 966 6
135 0
139.9
135.4
143.1
159 0
288 7
283.3
291 . 8
289.4
300 5
350 4
355. 1
350.7
350.5
355 7
53 0
52.4
51.4
50.3
48 3
July 10
July 17......
July 24
July31_..._.
2 849 5
2,887.5
2,887.7
2,900.0
310 9
301.8
290 7
270.9
468 5
465.5
464 2
465.2
170 9
168.3
167 6
164.4
430 8
435.0
435 9
435.5
19 5
-17.7
— 16 8
-16.0
9 3
9 3
8 2
7.0
579
577
582
587
0
8
5
8
1 950 0
1 940 0
1 932 3
1,914 7
178
208
210
253
^00
312
309
299
364
371
380
376
54
55
55
54
Aug. 7
Aug. 14 — ...
Aug. 2 1 _ . _ _ _
Aug.28..._.
Sept, 4..
2,941.2
2,984.9
3,022.5
3,034.2
3,040.7
301.7
304.1
298.1
300.5
313.6
489 2
487.0
485.2
486.0
483.1
164 2
172.5
169.7
169.4
168 8
446 6
451.6
456.1
461.5
462.7
— 16 6
-16.3
-15.6
-16.3
-19.'1
7 0
7.8
6.7
6.9
7.3
590 0
595.4
603.3
603.5
604 8
1 982 1
2,002.1
2,003.5
2,011.6
2,021 2
260 7
277.7
298.6
300.9
295 8
305 7
311.4
305.8
306.7
311 4
337 5
341.0
359.6
363.6
361 7
55 1
52.8
55. 1
51.4
50 7
Sept. 11_.__.
Sept. 18.....
Sept. 2 5 _ _ _ _ _
Oct. 2
3,014.1
3,087.2
3,062.6
3,092.8
276.9
349.0
312.8
314 3
480.9
476.7
475.6
471 4
166.3
165.4
165.7
166 3
460.4
446.8
441.2
445 9
-17.7
-17.3
-17.7
— 16 5
7.9
9.3
7.5
58
605.1
614.1
620.5
620 6
1,980.0
2,043.9
2,005.6
2 007 8
313.4
307.4
307.2
310 6
306.1
315.3
315.2
317 5
366.9
308.5
378.0
401 8
47.7
52.0
56.6
55 1
Oct.
Get
Oct.
Oct.
9.
16
23......
30 _
3,108.5
3 086 3
3,118.7
3,112.5
321.3
297 4
299.8
306 6
470.6
470 0
469.6
468 7
166 2
165 9
166 9
165 1
451 8
452 6
465.5
476 3
-17.7
20 8
-21.0
—20 6
54
2 6
623
635
616
615
2 021
2 002
1,998
2 012
307
302
316
307
318
315
329
325
404
409
416
410
57
56
57
56
Nov.
Nov.
Nov.
Nov.
6
13.....
20.....
27
3,137,0
3,141.9
3,199.3
3,194.0
307.1
307.6
317.8
325.0
469.2
468.2
466.6
465.5
166.1
164.1
162.6
158.9
477.9
475,1
474.7
479.9
-22.6
-21.9
-22.5
-21.6
Dee. 4
Dec. 11__...
Dec. 18
Dee. 25
1941— Jan. 1,
3,177 8
3,146.5
3,182.1
3,160.9
3,159.0
300 0
270.8
304.8
274.8
293.3
461 8
460.8
462.0
461.0
458.0
157 6
160.2
160.5
160.4
160 3
485 2
485.7
488.7
489.7
494 7
—22 7
-22.6
-22.6
-22.8
-22 9
8
15......
22......
29—.
3,152 9
3,257.6
3,255.2
3,215.9
280 4
390.3
374.9
349.7
458 8
459.9
457.1
455.1
157 0
156.1
156.2
156.1
498 6
502.1
501.6
482.3
Feb. 5
Feb. 12
Feb. 19.....
Feb. 26
3,175 9
3,156.9
3,108.1
3,102.6
323 8
300.0
271.8
279.2
455 2
455.2
455.2
455.0
155 1
157.3
156.2
155.4
Mar. 5 _ _ _ _ . _
Mar. 12
i
Mar. 19
Mar. 26..— „
Apr. 2
3,128.1
3,188.0
3,202.4
3,185.2
3,148.8
272.8
332.2
321.5
311.4
297.3
456.5
453.8
454.5
454.4
452.8
173.9
174.1
174.1
172.9
173.4
Jan.
Jan.
Jan.
Jan.
i Outflow less than $50,000.
1.7
6
( .5
6
0
3
6
2
6
8
4
8
2
1
8
5
0
7
9
9
8
4
9
0
3
0
1
9
0
8
8
8
4
6
3
9
6
I
8
1
9
6
8
:i
.1
612 3
615.1
611.7
609.4
2,010 5
2,008.1
2,011.5
2,017.1
322 0
318.6
338.7
335.0
327 4
324.2
322.2
332.7
419 5
429.7
468.0
456.0
57 8
61.4
58.9
53.2
— 4
606 9
602 7
605.7
602.6
603 7
1 988 4
1,957 1
1,998.9
1,965.2
1 986 3
348 1
343 3
341.2
345.6
334 1
^29 0
333 9
323.4
329.4
326 4
4r>6 6
55 7
-.2
-.6
— 9
458.2
458.8
450 9
60.4
61.8
61 3
—23 2
-23.2
-23.7
-24.2
— 5
-1.6
-1.6
-2.8
601 4
597.1
590.4
587.5
1 972 6
2,080.6
2,054.9
2,003.7
332 3
335.6
337.2
343.4
332 0
331.4
327.7
336.1
454 7
449.6
468.3
485.0
61 3
60.3
67.0
67.7
487 0
484.1
481.8
475.8
-23 8
-23.6
-22.4
-22.7
—3 0
-3/1
-3.3
-3.3
584 1
578.7
577.5
584.6
1 978 4
1,948.7
1,916.8
1,924.1
338 1
340.2
335.6
334.6
341 9
323.2
319.2
314.2
453 5
477.0
467.0
458.4
63 9
67.8
69.6
71.3
480.6
480.7
481.6
481.0
484.2
-23.7
-22.7
-24.1
-23.9
-24.0
-3.3
-3.6
-3.4
-3.4
-3.5
583.0
576.4
582.1
577.8
576.9
1,939.9
1,990.9
1,986.3
1,970.3
1,957.1
325.3
330.8
331.3
330.6
321.4
324.1
333.7
347.0
345.8
349.3
459.3
460.5
464.8
463.6
446.9
79.6
72.1
73.0
74.9
74.1
-.5
455 6
56 7
INTERNATIONAL FINANCIAL STATISTICS
613
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
INCREASE IN FOREIGN BANKING FUNDS IN U.S.,BY COUNTRIES-Continwd
[Net movement from United States, (—}. In millions of dollars]
From Jan. 2, 1935,
through —
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Asia
All
other
1941— Apr. 9
Apr. 16
Apr. 23
Apr. 30
3,273.6
3,299.2
3,279.2
3,257.3
404.7
425.2
397.1
382.8
457.1
457.1
457.2
455.6
168.8
168.6
165.8
165.8
479.0
475.5
475.9
475.4
-24.0
-23.8
-23.9
-23.9
-3.5
-3.5
-3.3
-3.8
584.5
589.6
578.3
576.7
2,066.5
2,088.7
2,047.1
2,028.7
321.0
323.9
333.3
333.9
347.4
354 9
367.8
• 358 0
460.7
449 8
444.8
,446 9
78.0
81 9
86.2
89 9
May? 1
May 14
May 21
May 28
3,243.5
3,224.2
3,252.0
3,266.4
374.0
376.1
376.2
389.9
460.2
458.9
456.3
456.1
160.5
159.7
159.7
159.8
480.9
486.4
489.7
493.5
-23.8
-23.7
-23.9
-24.2
-3.8
- .0
- .3
- .1
566.5
560.6
561.7
560.6
2,014.6
2,013.9
2,015.4
2,031.7
329.6
324.8
326.6
312^0
358 2
356.1
359.8
367.2
453 ti
443.4
457.2
462.5
88 1
86.0
93.0
93.0
June 4 ... 3,235.2
3,226.9
June 11
June 18 _ .. 3,249.3
June 25
3,240.9
3,193.3
July 2
369.0
360.2
367.1
353.5
334.4
456.2
454.4
460.3
456.3
451.0
158.6
162.1
161.3
160.5
157.3
495.5
495.6
499.9
500.7
500.5
-23.8
-24.0
-23.9
-24.0
-24.0
- .5
- .4
- .4
- .6
- .4
561.7
557.9
556.7
559.9
559.6
2,012.8
2,001.8
2,017'.0
2,002.3
1,974.4
307.9
304.7
326.5
326.0
317.8
368.8
370 1
367.7
368 9
371.9
453.0
459 7
448.0
451 4
433.7
92.7
90 6
90.2
92 5
95.5
9 ..
16
23 .
30
3,194.6
3,171.5
3,153.6
3,141.4
324.8
322.7
311.9
297.7
450.4
449.8
448.7
447.6
156.6
156.6
156.4
157.5
500.4
490.2
488.4
488.5
-24.0
-23.7
-23.4
-23.4
- .3
- .4
- .3
- .3
556.7
556.7
556.0
557.3
,960.7
,948.1
,933.6
,920.8
323.4
320.8
320.6
324.5
366.9
365.8
358.8
353.7
448.8
438.4
443.9
442.3
94,9
98.5
96.7
100,0
Aug. 8
Aug. 13 _Aug. 20
Aug. 27 .
Sept. 3
3,185.5
3,166.9
3,156.2
3,105.5
3,113.2
376.7
362.2
342.4
315.8
287.0
445.9
443.3
442.9
440.5
440.1
155.4
155.9
153.9
153.3
152.8
485.3
482.4
484.0
484.6
485.3
-23.3
-23.4
-23.3
-22.8
-22.8
- .3
- .4
- .4
- .7
- .6
556.4
561.1
568.6
559.2
556.1
,992.2
,980.3
,967.1
,928.9
,896.8
316.9
310.7
317.9
314.8
336.1
343 1
349.5
341.3
345.0
345.7
433.1
426.5
420.2
408.3
425.3
100.3
99.9
109.7
108.5
109.4
Sept. 10
Sept. 17
Sept. 24
Oct. 1
3,073.2
3,022.1
3,050.9
3,139.5
275.2
279.1
279.3
345.0
437.5
435.3
433.7
432.0
152.2
152.3
150,9
150.0
484.2
463.7
442.7
443.9
-22.8
-22.8
-22.6
-23.1
- .5
- .7
-3.1
-3.6
552.5
551.8
571.9
608.5
,877.2
,857.7
,852.7
,952.7
332.4
330.4
345.2
338.3
332.5
321.5
321.6
318.2
422.0
404.9
420.3
437.9
109.1
107.6
111.2
92.4
Oct. 8
Oct. 15. ..
Oct. 22
Oct. 29. ...
3,123.0
3,108.0
3,091.1
3,138.3
330.9
315.3
297.8
383.1
430.5
429.5
429.6
429.0
151.5
149.6
149.7
150.3
443.5
442.6
420.9
421.5
-23.2
-23.1
-23.0
-23.1
-3.8
-3.6
-3.6
-3.7
604.8
617.9
617.2
598.9
,934.3
,928.1
,888.6
1,956,0
341.1
338.5
337.1
326.3
322.0
322.4
323.1
314.8
433.4
424.4
448.7
443.3
92.3
94.6
93.8
98.0
Nov. 5
Nov. 12
Nov. 19
Nov. 26
Dec. 3
3,074.3"
3,063.2
3,021.7 .
3,018.5
3,011.6
360.7
347.0
340.4
335.9
359.2
429 5
427.1
424.8
422.4
420.3
150.4
148.5
147.5
156.9
158.6
403 5
404.8
384.2
384.8
367.1
-23.0
-23.0
-23.1
-22.9
-22.9
-3.5
-3.5
-3.5
-3.3
-3.2
583.4
578.0
583.2
578.5
583.9
1,901.0
1,878.9
,853.5
,852.5
,862.9
319.7
317.3
313.1
312.0
301,2
324.9
314.7
311.7
318.2
319.6
429,2
447.5
438.9
431.6
424.0
99.6
104.7
104.6
104.3
103.9
Dec.
Dec.
Dec.
Dec.
2,989.1
2,919.4
2,894.9
2,856.2
344.6
341.4
337.4
328.6
417.5
418.0
417.2
416.5
159.0
159.1
161.4
161.0
365.2
344.2
345.5
326.2
-23.4
-23.0
-23.2
-23.1
-3.3
-3.5
-3.4
-3.4
591.6
569.1
568.0
561.1
,851.2
,805.2
.802.8
,766.9
288.9
279.6
275.4
273.1
310.8
302.4
293.5
296.7
432.8
428.5
419.2
418.0
105.3
103.7
104.0
101.6
July
July
July
July
10
17
24
31
1
The indicated capital movement for the week ending May 7 includes the following changes due to a change in reporting practice by one bank
(in millions of dollars): Total—nil, United Kingdom +5.7, France +4.6, Netherlands -6.3, Switzerland +4.0, other Europe -11.2, Asia +3.2,
No adjustment has been made for this factor since roughly compensating changes have been incorporated in the reported figures for various datea
beginning in April 1940.
BANKING AND MONETARY STATISTICS
614
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
DECREASE IN U.S. BANKING FUNDS ABROAD, BY COUNTRIES
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through—
Total
United
Kingdom
Netherlands
France
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
-.3
-1.4
-1.9
-2.2
6.4
11.2
14.6
12.5
-.6
(i)
('
1.3
-.6
-.8
Far
Bast
All
otter
1935— Jan. 9
Jan. 16
Jan. 23
Jan. 30
— I.I
17.9
60.2
34.1
-7.0
—1.4
14.9
11.3
5.1
11.3
21.8
12.4
-.5
-1.1
-2.9
3
-.7
-.5
.5
.8
.2
1.6
11.7
2.7
-.5
-.1
-.1
1.4
-.8
.4
2.0
.3
-4.2
10.2
47.9
28.7
-2.4
-2.1
2
-4.6
Feb. 6
Feb. 13
Feb. 20
Feb. 27
82.3
103.0
111.0
121.3
28.7
37.0
49.2
59.4
26.6
24.9
28.1
27.0
2 2
3.7
4.0
3.4
1.5
1.8
2.2
2.0
4.6
8.9
2.8
4.8
.1
1.4
2.1
1.5
1.9
3.3
2.4
3.6
65.6
81.1
90.8
101.7
-4.3
-3.4
-4.4
-5.2
2.7
4.4
4.4
4.2
18.9
21.8
21.3
21.7
- .1
Mar. 6
Mar. 13
Mar. 20
Mar. 27.....
Apr. 3
128.8
149.1
165.3
177.5
155.0
69.1
77.2
92.4
104.7
108.0
26.6
30.3
26.9
26.6
9.4
3.4
4.1
4.4
4.1
-2.8
2.3
2.1
2,1
2.5
2.7
4.4
4.5
6.3
5.3
6.3
2.1
2.1
2.7
4.1
2.9
1.9
2.6
3.8
4.4
3.9
109.7
122.9
138.6
151.7
130.5
-3.7
-2.3
-2.3
-4.5
-4.7
6.0
6.1
5.3
4.7
5.3
18.0
24.0
24.6
27.1
25.4
- .2
- .0
-.9
- .5
- .4
Apr. 10 . .
Apr. 17
Apr. 24
May !_„_„.
188.4
206.7
243.6
231.4
136.0
143.2
164.9
157.9
25.9
31.7
29.8
32.3
-19.4
-12.0
2.7
5.0
2.0
2.5
2.1
2.8
7.4
8.8
9.3
9.7
3.1
2.4
2.8
2.4
1.7
3.7
4.0
3.8
156.9
180.2
215.6
213.9
-.7
-6.1
-5.8
-8.5
5.9
6.4
6.7
4.7
27.9
27.5
28.2
22.7
- .6
- .2
- .1
- .3
May 8
May 15
May 22.....
May 29..___
241.8
244.2
223.7
168.0
162.9
174.9
184.6
186.1
32.5
18.7
-11.7
-70.3
31
3.4
3.7
5.0
3.2
3.1
3.1
3.5
11.0
13.1
12.6
13.1
3.4
3.7
4.6
4.4
3.9
4.8
4.6
3.5
220.0
221.8
201.5
145.3
-8.2
-7.1
-7.5
-7.1
5.3
4.9
4.5
3.3
25.9
26.0
25.
27.
- .1
- .4
-.7
-.9
June 5
June 12
June 19
June 26
July 3
209.9
288.2
306.1
310.7
312.8
192.2
196.4
209.3
208.1
212 1
-34.4
36.4
46.0
48.6
49 1
2.8
5.2
4.9
52
53
4.0
3.8
1.5
1.9
.3
15.1
13.4
15.2
17.9
18.0
3.6
3.0
2.4
2.7
3.2
3.9
1.3
1.4
1.0
2.7
187.1
259.6
280.7
285.4
290.7
-8.0
-6.9
-11.5
-12.0
-16.7
'3.2
6.9
8.0
9.6
8.4
28.
29.
29.
28.
31.
-.8
-.8
-.6
-.9
—1.0
319.0
332.6
338.2
335.6
214.2
219 9
215.0
211.6
51.8
51 9
53.1
52 3
52
56
6.1
-3 6
-.8
-1.4
-.5
-.4
19.0
20.8
22.9
26.3
3.3
2.6
2.3
2.7
3.1
4.7
6.0
5.7
295.8
304.2
305.0
294.5
-19.6
-19.0
-20.1
-16.4
10.2
11.4
13.7
13.5
33.4
36.8
40.5
44.6
-.8
-.7
-.8
-.7
7
14.....
21
28....,
344.4
340.6
354.9
360.0
215.8
207.5
213.4
211.1
54.2
53.8
55.1
53.8
-1 8
4.9
4.3
6.7
-.4
-.2
-.6
-.6
28.0
28.6
28.9
29.4
4.1
2.6
3.1
2.7
6.7
7.2
9.4
10.1
306.6
304.4
313.6
313.2
-22.0
-23.2
-19.2
-18.1
16.1
14.5
16.7
20.8
44.2
45.6
45.2
44.9
-.6
-.6
-1.4
-.7
Sept. 4 _ _ _ _ _ _
Sept. 11
Sept. 18_.__.
Sept. 25.....
Oct. 2
396.3
396.8
390.1
374.7
388.6
208.9
208.8
209.8
209.7
208 8
54.0
49.0
43.0
17.8
31 7
6.4
5.6
-1.5
2.2
61
-.4
-.2
.3
.4
.2
29.8
30.2
31.1
31.8
31.0
3.9
4.2
5.3
6.3
6 5
13.2
13.2
14.8
14.1
15 8
315.6
310.8
302.7
282.2
300 1
15.7
14.4
14.7
18.4
18 2
19.3
20.2
20.3
21.6
20.1
46.4
52.1
53.2
53.1
50.7
-.8
-.7
-.9
-.6
— .4
Oct. 9... ....
Oct. 16
Oct. 2 3 _ _ _ _ _ _
Oct. 30
372.9
393.6
389.6
392.8
206.2
204 7
209.1
198 6
16.6
35 6
26.4
41 7
6
5
5
5
1
7
1
I
.7
1.4
.9
1.1
30.9
30.5
30.3
30.9
7.3
9 5
9.9
10.1
15.5
14.5
16.2
15.0
283.3
302 0
297.9
302 5
17.6
16 1
14.9
13 5
20.5
23.2
24.4
24.9
51,4
52.4
52.3
51.8
(i)
— .1
.1
Nov. 6......
Nov. 13
Nov. 2 0 _ _ _ _ _
Nov.27___._
386.9
371.3
362.2
"293.1
204.4
198.7
199.0
196.1
32.0
28.2
25.5
-35.5
4 5
3.4
3.0
2.9
1.7
1.1
.3
.7
31.0
30.5
30.0
* 29.3
10.7
9.9
12.4
12.5
14.6
12.9
12.3
10.7
298.8
284.6
282.5
216.7
14.2
15.1
11.6
13.2
24.6
24.3
24.1
24.2
49.6
47.7
45.2
40.8
-.3
-.4
-1.1
-1.7
Dec. 4
Dec. 11
Dec. 18
Dec. 25,....
1936-Jan. 1.
330.3
350.1
354 9
356.4
361.4
198 8
196 3
202 7
203.3
208.8
18 4
41 3
47 7
47.8
48.1
4
9
7
.8
1.6
29 0
30 2
28 2
28.9
29.7
13 4
13 4
13 3
13.8
13.7
88
10 3
85
8.4
8.8
273 0
296 0
302 9 1
305.0
310.2
—6 9
—9 7
—7 2
-3.9
-4.6
24 4
23 9
24 8
23.2
20.1
41 5
41 2
35 8 i
33.7
37.3
—1 6
—1 4
—1 4
-1.6
-1.6
Jan. 8
Jan. 15._____
Jan. 22
Jan. 29
393 3
390.4
387.2
382.4
203 8
205.8
206.6
204.3
51 6
49.3
49.4
50.7
42
36
18
2.0
-.4
6
-1.4
-1.3
-1.7
16
1.5
1.5
L6
28 4
29.2
30.0
30.6
13 6
13.1
14.3
14.4
10 1
8.4
9.1
8.8
308 5
305^9 j
309.6
308.7
32 5
27.3
23.6
20.7
19 4
19.3
18.9
18.9
34 2
39.0
36.4
35.5
—1 3
-1.1
-1.3
-1.4
Feb. 5
Feb. 12
Feb. 19.. „_
Feb. 26.....
387.4
392.3
400.4
407.2
209.6
212.6
215.5
215.3
51.4
50.1
48.8
49.6
.6
i!o
2.8
2.2
2.0
2.1
2.3
31.1
30.9
30.9
. 31.3
14.2
14.3
14.7
14.8
9.0
10.3
12.7
14.1
317.9
320.9
325.8
330.1
19.0
19.9
22.3
23.5
18.0
18.4
19.2
19.2
34.3
35.2
35.4
86.5
-1.9
-2.0
-2.2
-2.0
Mar. 4 _ _ _ _ . _
Mar. n _ _ _ _ _
Mar. 18— _,
Mar. 25—
Apr. 1
„
406.6
401.7
402.3
403.6
390.3
215.9
211.0
211.5
214.2
203.3
52.8
52.3
53.7
54.1
51.7
-.3
-1.9
-4.0
-4.3
-4.4
2.7
2.8
2.7
2.8
2.7
31.6
32.4
33.3
33.1
34.8
14.1
14.0
14.2
14.7
14.1
14.2
14.7
15.1
15.2
15.8
331.0
325.3
326.7
329.7
318.0
23.7
22.6
18.1
17.6
18.1
17.9
17.5
17.9
15.9
17.4
35.9
38.6
42.1
43.1
39.4
-1.8
-2.2
-2.4
-2.7
-2.6
July 10 .
July 17
July 24
July 31
Aug.
Aug.
Aug.
Aug.
1
.
Inflow less than $50,000.
2
Outflow less than 950,000.
(3)
615
INTERNATIONAL FINANCIAL STATISTICS
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
DECREASE IN U.S. BANKING FUNDS ABROAD, BY COUNTRIES-Continued
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through —
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Far
East
All
other
I
1936— Apr 8
Apr. 15
Apr. 22
Apr 29
401.7
404.6
404.2
391.7
213.9
214.1
213.2
.205.9
52.9
54.9
55.3
47.6
-5.2
-5.3
-5.2
-5.1
2.6
2.6
2.7
2.5
34.4
34.3
33.7
37.9
14.0
13.8
13.8
14.0
16.8
16.0
16.6
17.7
329.4
330.3
330.1
320.6
18 5
23.2
20.7
17.9
18 2
18.2
18.9
17 9
38.0
36.2
37.9
39.3
—2 4
-3 3
-3.5
—3 9
May 6
May 13
May 20
May 27
June 3_
357,4
375.9
417.8
426.4
'401.3
206.5
211.2
218.3
218.6
217.2
9.8
22.5
57.1
52.1
29.6
-4.8
-5.4
-4.4
-3.8
-4.8
2.5
3.7
3.5
4.1
3.6
36.6
36.5
38.2
41.0
41.4
13.7
14.3
14.2
14.3
14.1
17.7
16.5
16.4
17.4
20.8
282.1
299.1
343.3
343.7
322.0
19.4
19.0
15.2
19.6
.16.1
18 7
18.5
21.1
24.2
24.0
40.9
42.2
41.2
42.2
42.8
—3 6
-3.1
-3.0
-3.3
-3.4
June 10
June 17
June 24
July 1
389.4
417.3
448,4
449.0
217.7
213.0
219.6
215.0
10.5
33.8
56.7
57.1
-3.3
-3.7
-2.5
-2.8
3.7
4.0
3.7
3.9
41.0
45.2
44.7
45.5
14.1
14.3
14.5
14.5
20.8
23.3
22.2
22.4
304.5
329.9
358.8
355.6
17.6
17.2
18.3
18.5
24.5
28.4
30.6
32.5
46.3
44.6
43.5
45.3
-3.5
-2.8
-2.9
-2.9
JulyS
July 15
July 22
July 29
459.4
465,4
467.6
469.2
215.0
212.0
212.0
208.5
60.1
60.1
59.7
57.6
-2.1
-1.3
-1.5
-.9
3.9
4.0
4.1
4.1
47 3
48.8
50.8
54.1
14 0
14.3
14.9
15.4
22.2
22.9
21.8
23.5
360.4
360.8
361.8
362.3
21.2
21.8
21.7
22.2
35.3
36.7
37.4
37.4
45.5
49.3
49.6
49.7
-2 9
-3 1
-2.9
-2.5
Aug. 5
Aug. 12
Aug. 19
Aug. 26
Sept. 2
470,6
468.2
482.0
485.8
519.5
207.9
208.2
219.3
216.6
219.2
60.5
56.1
58.1
57.0
58.2
.5
-2.0
-1.4
-2.9
— 1.1
4.0
3.9
4.2
4.1
4.2
53.9
55.4
58.3
60.1
62.0
15.4
15.4
16.5
16.5
16.6
25.0
25.2
25.3
27.0
26.4
367.1
362.3
380.2
378.4
385.5
20.6
21.2
18.7
22.1
45.7
36.2
37.7
37.2
36,8
39.7
48,7
48.6
47.4
51.0
50.8
-2.1
-1.6
-1.5
-2.4
-2.1
Sept. 9
Sept. 16._._.
Sept. 23
Sept. 30
519.5
512.1
497.2
456.2
220.7
217.1
219.5
216.3
54.9
44.8
31.2
-2.7
-1.1
-1.6
-.7
-2.9
4.1
4.4
5.5
2.8
65.7
68.6
64.9
70.6
16.5
16.3
16.3
16.2
26.4
28.6
28.8
27.8
387.3
378.1
365. 5
328.1
42.4
45.4
46.1
47.2
39.3
40.7
40.2
39.4
52.1
49.6
47.1
43,2
-1.7
-1.7
-1.7
-1.7
Get, 7
Oct. 14
Oct 21
Oct. 28 ...
502.6
494.5
491.7
485.5
206,8
200.9
203.7
201.1
58.8
48.7
62.6
63.8
.5
3.4
1.4
— 1.1
3.2
4.7
4 0
4.2
64 6
70.6
64 2
63.6
17 4
16.6
16 6
16.2
27.2
27.4
26.2
26.8
378.6
372.3
378.7
374.6
40.7
41.3
37.2
37.6
39.4
39.8
38.6
39 2
44.7
41.8
37.8
35,6
-.7
-.7
— .7
-l.fi
Nov. 4
Nov. 1 1 _ _ _ _ .
Nov. IS
Nov. 25
Dec. 2
484.8
. 488.2
473.2
444.4
444.2
201.4
204.1
193.1
172.4
172.0
62.9
63.4
63.0
63.6
62.7
-1.8
-1.0
-5.6
-6.0
-4.0
4.1
3.6
3.7
3.2
3.2
63.8
63.6
63.7
64.1
63.8
16.7
16.9
16.9
17.1
17.1
27.1
25.1
25.1 [
23.8
22.8
374.2
375.7
359.9
338.2
337.6
37.3
39.7
40.7
38.4
40.5
36.6
36.8
36.4
33.6
34.2
37.9
37.9
38.3
36,7'
35.1
-1.3
-1.9
-2.1
-2,4
-3.1
Dec. 9
Dec. 16
Dec. 23.....
Dec. 30
441.4
444.4
430.4
431.5
177.1
179.6
173.9
178.0
61.9
62.4
61.6
62.0
1.6
3.0
3.0
2.7
64 2
66.5
65.3
66.0
16.0
15.6
15.6
16.3
21.4
21.7
20.6
22.0
339.6
347.0
337.3
343.7
41.6
38.5
38.5
36,9
32.5
28.5
24.6
24.9
31.0
34.4
34,4
30.4
-3.3
-3.9
-4.4
-4.4
1937—Jan. 6
Jan. 13
Jan. 20
Jan. 27.___.
Feb. 3
433.8
434.6
427.5
423.8
420.8
178.3
183.2
184.2
186.2
179.8
59.8
60.3
60.0
59.2
59.7
-2.5
-1.8
. -2.6
-3.3
0 2
-3.5
-2.6
-1.2
-.3
2 7
3.0
3.0
3.0
3.4
67 4
68.2
69.3
69.1
69 7
16.4
16.0
16.2
15.8
15.2
22.8
23.0
22.9
23.2
22.9
344.2
350.2
352.9
355.3
350.3
33.9
30.4
23.2
17.4
19.4
27.6
26.6
27.7
28.5
28.8
33.2
33.1
29.3
28,4
28.5
-5.1
-5.6
-5.6
-5.8
-6.2
Feb. 10....
Feb. 17
Feb. 24
Mar. 3
420.9
434.0
429.9
427.0
178.0
190.3
191.1
199.8
59.6
61.3 '
60.8
61.2
.6
-.5
-.9
-.7
3.0
3.1
2.9
3.1
69.8
69.7
68.4
69.3
14.2
15.3
14.7
14.4
21.7
22.8
19.0
18.6
346.9
361.9
356.1
365.7
26.5
30.5
30.4
35.7
26.6
26.9
25.8
28.8
27.5
23.1
24.9
4.9
-6.6
-8.5
-7.2
-8.0
Mar.
Mar.
Mar.
Mar.
437.4
417.2
431.0
411.0
198.6
189.5
197.6
192.4
61.6
60.8
60.4
63.0
.6
-1.5
.9
1.5
3.1
3.2
1.5
3.2
69.8
69.4
68.8
69.0
15.5
14.2
14.1
14.2
20.6
19.9
22.7
21.7
369.8
355.4
365.9
365.1
40.2
30.6
36.6
24.6
24.7
27.8
30.5
30.7
10.5
10.5
6.7
-2.4
-7.7
-7.1
-8.7
-7.0
Apr. 7
Apr. 14
Apr. 21
Apr. 28
408.6
428.3
433.7
422.3
195.9
207.1
207.1
207.4
58.2
62.9
61.6
63.6
1.1
1.1
2.1
.2
3.3
3.1
3.8
4.3
68.4
68.0
69.2
69.5
13.8
13.9
14.4
14.0
22.3
23.9
25.5
23.8
363.0
380.2
383.7
382.9
19.3
14.6
12.7
12.2
30.0
30.4
30.1
31.1
2.8
9.4
12.3
1.5
-6.4
-6.3
-5.1
-5,3
May
May
May
May
June
443.9
452.9
467.5
463,4
459.2
216.6
222.7
219.1
218.2
209.5
64.2
64.4
64.8
58.8
62.6
-2.3
-2.4
-1.5
.5
3.8
3.8
3.9
4.2
4.3
4.2
71.2
71.3
73.5
74.2
77.1
13.5
13.6
13.2
13.1
12.6
25.0
24.2
24.2
23.4
24.5
391.9
397.7
397.6
392.6
394.3
16.1
15.3
17.2
18.4
14.9
34.1
33.1
32.6
35.1
34.9
7.0
13.2
26.7
23.9
21.3
-5.3
-6.4
-6.6
-6.6
-6.3
460.3
462.8
473.9
466.4
213.0
209.9
217.2
216.5
61.7
65.4
64.7
65.6
4.8
5.2
5.4
4.9
4.4
4.2
4.1
4.6
82.9
81.6
83.1
87.3
9.4
12,7
13.1
12.4
25.3
26.4
25.7
24.6
401.6
40£.4
413.3
415.9
12.8
12.6
16.9
8.4
34.3
33.4
33.8
34.0
17.7
17.3
15.9
14.0
-6,1
-6.0
-6.1
-6.0
10.. _.
17....
24....
31....
5
12....
19
26....
2
June 9
June 16
June 23
June 30
616
BANKING AND MONETARY STATISTICS
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER II, 1941-Continued
DECREASE IN U.S. BANKING FUNDS ABROAD, BY COUNTRIES-CO*tinucd
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through—
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin '
America
Far
East
All
other
457.0
465.6
476.0
483.0
214.0
201.1
206.9
213.3
66.2
65.2
67.8
67.5
5.9
5.6
4.7
4.1
4.3
4.8
4.6
4.7
89.1
91.0
92.0
93.6
12 2
-12.1
13.0
13.1
24.0
26.4
25.6
25.8
415.8
406.3
414.6
422.0
2.2
7.3
12.0
17.9
34 2
34.7
36.0
37.2
10.9
23.4
19.5
11.7
-G.l
-8.2
—6.2
-5.8
Aug.4._____
Aug. 11. — Aug. 18..___
AUK. 25.....
Sept. !._....
468.3
491.8
517.0
523.8
511.2
204.2
209.4
218.0
220.7
217.9
67.5
66.9
67.7
67.7
67.8
3.2
3.3
3.7
4.0
1.0
4.7
4.7
4.4
4.7
4.2
95.1
93.4
94.7
95.2
97.8
13.1
11.4
11.5
11.2
10.8
27.3
27.5
27.5
27.5
27.8
415.1
416.6
428.0
430.9
427.3
21.5
23.8
21.0
24.7
16.2
,36.8
59.6
61.4
61.3
61.0
1.2
-1.7
12.9
13.4
13.3
-6.2
'-6.4
-6.4
-8.4
-6.6
Sept. 8......
Sept. 15__—
Sept. 22..—
Sept. 29.....
509.3
529.3
513.2
518.1
230.2
223.4
215.1
216.8
67.8
67.4
65.6
67.7
-2.3
2.8
-.6
-.5
4.5
4.3
4.1
3.9
97.8
99.3
99.1
99.1
11.6
10.3
12.4
10.4
28.9
29.4
29.2
27.0
438.5
436.9
424.9
424.5
18.6
21.4
15.5
13.8
60.4
58.6
59.2
59.0
-2,6
17.5
18.9
25.9
-5.6
-5.1
-5.4
-5.0
Oct. 6.. .»
Oct. 13
Oct. 20.
Oct. 2 7 _ _ _ . _ _
Nov. 3
525.4
522 7
524.2
516.5
514.0
222.2
222.7
227.6
225.4
222.9
67.0
65.9
66.1
66.4
66.3
-.1
-4.2
-5.1
-6.2
-4.5
'3.6
3.2
2.8
2.7
2.1
98.7
101 2
100.1
99.9
100.4
10 4
10 2
93
8.4
9 8
28.1
28.0
27.6
26.7
25.9
429.9
427 1
428.4
423.3
423.0
13.5
14 5
9.2
7.0
5.8
59.1
56 8
58.0
57.3
56 0
27.5
29 0
33.0
33.6
33 5
-4.5
-4.6
-4.3
-4.6
-4.4
Nov. 10..—
Nov. 17__.__
Nov. 24—
Dee. 1.......
473.7
477.5
480.9
472.8
207.7
207.3
209.1
207.8
64.3
64.7
64.4
65.8
-5.9
-5.9
-4.7
-4.2
1.8
1.5
2.1
1.8
100.5
102.6
103.4
104.2
8.7
8.3
8.7
8.9
24.8
23.1
22.3
22.6
401.9
401.5
405.2
406.9
5.8
5.5
3.3
7.3
54.3
55.1
55.5
54.9
17.2
20.8
23.5
9.2
-5.5
-5.3
-0.7
-5.5
Deo. 8
Dec. 15.,
Dee. 22
Dec. 29___._
466.5
469.4
475 3
449.1
203.6
204.4
208.9
207.4
65.7
65.2
66.0
65.3
-2 9
-3.0
-4 9
—4.4
.9
1.7
2.2
2.0
103 4
104.5
104 6
105.1
85
85
31
6.5
23 5
25.5
26 4
26.9
402 8
407.0
411 3
409.3
7 1
6.6
54
—21.7
51 1
51.2
53 1
51.6
12 7
11.7
13 4
18.7
-7.2
--7.1
•=7.9
1938—Jan. 5
Jan. 12
Jan. 19, „ .
Jan. 26,__...
Feb. 2. „.
426 3
462.2
461.3
465.2
465.1
195.9
208.6
206.1
205.8
201.7
66.3
66.8
66.1
66.2
66.6
-3 9
-4.3
-5.7
-7.0
-7.0
2.4
2.8
3.0
3.2
2.8
106 4
106 5
108.4
109.3
109.5
6 5
7 0
68
7.2
74
25 9
27.6
27.4
27.5
27.9
399 4
415.1
412.1
412.2
408.9
-18 0
7.0
9.2
12.7
11.9
50 7
49 9
51.3
50.5
52.1
33
.2
-.8
.1
2.3
—9 9
-HK4
-10.3
-10.2
Feb. 9. . ..
Feb. 16
Feb. 23 ..
Mar. 2
475.8
468.6
466.7
457 4
206.1
203.8
199.1
193.4
66.6
65.9
66.5
66.5
-5.4
-6 9
-6.3
-6 8
2.1
2.0
1.6
1.7
111.3
113 2
114.0
116 3
8
9
9
9
5
5
7
2
27.0
27 5
28.1
26 4
416.2
415.1
412.6
406 7
12.2
11 5
12.1
94
52.7
52.8
51.6
53 5
4.9
— .9
.5
-2.3
-10.1
-9.9
-10.1
-9.9
Mar. 9.
Mar. 16.....
Mar. 23____...
Mar. 30—
449.7
452.1
458.8
434.4
189.9
193.8
188.5
171.5
66.5
66.0
67.3
67.4
-7.4
-7.9
-7.5
-4.9
2.3
2.3
2.7
3.3
119.5
119.1
119.7
119.2
9 5
9.0
9.1
9.1
26.5
28.0
28.0
28.7
406.8
410.4
407.8
394.4
11.8
8.0
11.5
2.9
49.4
52.0
51.9
52.5
-=8.4
-9.2
-3.2
-6.5
-9.9
-9.1
-9.1
-8.9
Apr.
Apr.
Apr.
Apr.
445.1
449.0
454.5
459.6
185.3
189.5
187.3
186.2
67.4
67.9
67.1
68.2
-4.5
-5.4
-5.2
-3.3
3.2
3.4
3.0
2.8
119 8
120.4
120 9
120.8
9 2
9.9
10 4
10.8
28.8
29.7
28.9
29.9
409.1
415.4
• 412.4
415.4
3.1
3.2
5.2
3.6
51.5
50.0
51.2
51.2
-11.0
-11.1
-7.1
-3.6
-7.7
-8.4
-7.3
-7.0
446.9
437.8
434.4
427.3
419 3
171.5
178.5
170.1
163.1
156 4
68.1
61.5
62.5
64.0
59 6
-3.1
-5.8
-6.4
-6.9
—6 3
3.5
3.4
3.3
3.3
3.0
122 2
122.6
122.6
123.2
125 3
10 5
11.0
9.6
9.9
12 0
30.6
31.0
32.1
31.9
32 0
403.3
402.2
393.8
3 SB. 6
382 0
3.9
4.4
6.3
5.7
54
51.1
48.3
50.0
49.9
50 3
-11.3
-10.0
-11.2
— 12 5
-6.8
-5.9
-5.6
5.7
-5.9
June 8.
June 15___.,_
June22_____
June 29....,
- 425 7
426.1
411.1
403.3
158.4
157.1
151.0
150.7
61.9
62.6
61.1
62.6
-5 5
-5.3
-6.0
-6.6
3.0
2.9
2.6
2.2
126 1
127.1
128.3
128.6
11 7
11.7
12.2
11.1
31 7
32.2
32.5
30.8
387 4
388.2
381.7
379.3
65
8.6
7.8
8.7
48.9
49.2
49.9
49.4
— 11.7
-14.4
-21.9
-28.8
-5.5
-5.5
-6.5
-5.3
July 6
July 13......
July 20,....
July 27.....
Aug. 3 _ _ _ _ _..
426 1
420.8
435. 1
438.1
445.2
145 6
148.4
144.7
146.7
146.6
62 9
63.5
64.0
61.9
61.8
—6 7
-7,1
-8.1
-7.2
-7.0
2 8
2.9
3.4
3.5
3.7
130 0
129.2
130.1
131.3
130.6
12 0
12.4
12.4
12.5
11.9
31 5
31.7
32.1
32.3
32.0
378 1
380.9
378.6
380.9 S
379.5
84
7.6
10.4
3.6
14.3
68 3
67.0
69.0
69.4
71.1
—22 8
-10.8
-17.0
-10.4
-'14.3
-5.9
-6.0
-5.9
-5.4
-5.5
Aug. 10......
Aug. 17_.._
Aug.24 _„
Aug.SL....
447.9
445.7
461.6
460.6
154.9
156.6
161.4
154.8
63.1
57.1
59.4
63.6
-6.6
-5.8
-6.1
-7.1
3.6
3.5
3.7
3.3
131.3
131.9
132.6
132.6
12.7
13.4
12.4
13.1
32.8
32.4
32.9
32.5
391.8
389.1
396.3
392.8
16.2
15.2
16.2
16.3
69.5
70.1
71.5
71.1
-24.4
-24.2 :
-17.8
—15.3
-4.5
-4.3
Sept. 7«..._
Sept. 14._...
Sept. 21
Sept. 28.... _
462.7
469.1
472.9
477.2
158.1
163.1
168.0
170.3
64.7
65.0
65.7
67.4
-5.9
-5.4
-4.1
-4.0
2.9
3.4
3.9
3.7
132.8
132.7
131.6
132.1
14.4
15.2
13.7
10.2
34.0
34.1
34.0
33.4
401.0
408.0
412.7
413.1
17.2
16.5
15.2
12.3
70.2
69.5
70.7
71.8
-21.8
-20.7
-21.8
-16.0
-4.0
-4.3
-3.9
-3.9
1937— July 7.
July 14
July21___._
July 28...-.
6.
13__._.
20 .
27.....
May 4.
May 11 — ,.
MaylS— ._
May 25.....
June 1
INTERNATIONAL FINANCIAL STATISTICS
617
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
DECREASE IN U. S. BANKING FUNDS ABROAD, BY COUNTRIES-Continued
[Net movement from United States, ( — ) . In millions of dollars]
From Jan. 2, 1935,
through —
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Far
East
All
other
472.4
488.0
486.7
'496.3
492.3
174.6
182.3
181.4
192.2
197.0
63.6
69.2
66.1
64.9
68.4
-5.8
-3.5
-2,9
-1.9
-3.1
3.2
3.8
4.0
4.2
3.9
133.3
133.5
133.9
134.5
134.7
10.9
12.4
13.3
11.5
11.0
31.4
32.1
32.3
32.4
32.5
411.2
429.8
428.2
437.7
444.4
12.0
12.3
13.2
10.5
12,8
73.2
74.2
74.6
73.1
72.5
-20.2
-23.6
=23.9
-19.8
-32.0
-3.8
-4.7
-5.4
-5.2
-5.4
489.6
485.3
489.4
472.7
203.2
205.5
203.0
201.2
68.0
65.7
68.0
65.9
-6.3
-6.6
-6.1
-8.0
3.8
3.9
3.8
2.6
134.7
135.0
135.8
137.4
11.3
9.9
12.9
12.1
31.7
31.1
31.5
32.0
446.3
444.5
448.9
443.2
13.0
12.8
12.7
18.2
71.3
71.8
69.9
68.1
-35.2
-37.5
-35.9
-50.1
-5.8
-6.3
-6.2
-6.8
453.5
442.7
482.1
478.1
510 1
204.0
195.5
210.6
204.5
206.2
54.1
60.4
64.2
65.5
68 4
-8.6
-8 5
-7.6
-6.9
5 6
2.1
2.3
3.3
2.6
2 6
138.2
138.4
140.2
140.3
141.7
13.0
13.5
13.8
13.9
13.7
32.1
32.5
32.7
33.0
33.8
435.0
434.2
457.2
453.0
460.9
17.0
32.6
30.6
35.9
66.4
66.3
65.5
66.8
66.8
-58.4
-66.3
-66.3
-65.0
-46.5
-6.5
-7.4
-7.0
-7.2
-7.0
Jan. 11
Jan. 18
Jan. 25
Feb. 1
494.3
503.3
500.9
496.5
205.0
201.8
193.6
200.5
68.2
69.7
70.0
64.8
-6 1
-5.5
-5 2
-4.8
2.9
3.6
3.6
3.6
141.5
142.5
142.6
143.5
12.5
12.8
12.9
11.7
35.5
34.8
35.9
31.7
459.6
459.6
453.3
451.0
37.9
39.9
43.9
42.1
67.7
68.5
70.2
69.7
-64.6
—58.1
-60.3
-59.8
-6.3
-6.6
-6.3
-6.5
Feb 8
Feb. 15.. .
Feb. 22
Mar. 1
484 3
514.7
535.0
548.5
189 6
203.3
210.2
201.5
67 7
63.1
66.4
66.0
52
-4.4
-3 7
-3.7
35
3.6
3.8
4.0
146 5
148.8
147.2
147.7
10 7
11.5
13.9
13.5
31 8
32.1
31.7
31.2
444 6
458.1
469.4
460.1
40 2
41.0
47.3
51.3
66 4
65.7
67.6
67.9
—60 6
-43.4
-42.8
-24.9
—6 3
-6.6
-6.5
-6.0
Mar. 8
Mar. 1S._.__
Mar. 22.....
Mar. 29
543.3
553.4
549.5
550.5
203.6
211.6
214.5
209.2
63.4
67.1
65.7
64.9
—3 4
-4.2
-1.8
-1.5
42
4.0
3.1
4.5
148 1
149.0
149.0
149.8
13.8
12.0
10.6
10.8
31.1
30.3
30.3
30.9
460.7
469.8
471.5
468.6
49.3
50.5
49.6
49.9
66.2
68.3
67.9
66.5
-26.6
-28.6
-33. 3
-28.1
-6.2
-6.6
-6.3
-6.4
Apr. 5......
Apr. 12
Apr. 19
Apr. 26
May 3
572.0
582.2
587.5
611.8
596.1
226.0
228.7
226.5
227.9
229.9
67.9
68.0
67.9
67.1
67.3
-.5
1
.8
7
.7
5.0
4.5
4.5
4.5
3.9
150.8
151.2
152.2
151.7
153.1
11.9
12.0
11.8
13.7
14.1
33.0
33.8
35.0
35.1
38.3
"494.1
498.3
498.7
500.8
507.2
44.6
46.4
47.9
48.3
44.0
69.5
70.6
71.7
71.1
69.5
-30.3
-27.8
-25.4
-6.0
-20.1
-5.9
-5.3
-5.4
-2.4
-4.6
May
May
May
May
10.____
17_____
24....
31
591.3
597.3
596.0
599.8
225.8
231.1
231.1
236.8
67.2
70.2
68.9
68.1
-1.1
—1.2
-.7
-.1
4.0
3.7
4.2
4.7
153.0
152.8
153.0
152.0
14.6
15.3
15.4
15.3
38.3
38.0
37.8
38.7
501.8
509.9
509.7
515.4
44.0
45.2
47.6
46.9
70.4
61.1
56.3
54.8
-20.1
-14.4
-12.7
-13.0
-4.8
-4.0
-4.8
-4.3
June
June
June
June
7
14
21
28
601.3
593.7
608.7
607.5
233,0
230.1
237.6
236.7
71.0
69.8
71.1
68.1
-.7
^
.'5
-1.0
4.7
4.6
4.5
3.6
152.7
152.0
153.3
153.8
16.2
16.7
16.5
17.7
38.3
38.2
38.8
39.9
515.2
510.9
522.1
518.8
46.5
44.1
46.5
42.2
51.9
52.5
54.7
55.7
-8.0
-10.5
-8.6
-2.9
-4.3
-3.3
-6.0
-6.3
JulyS
July 12,...
July 19
July 26
Aug. 2
608.0
607.9
604.5
606.9
596.8
236.0
236.0
233.8
237.0
239.3
71 4
70.9
71.4
71.5
70.3
—3 0
-3.0
-4 1
-3.0
—4.4
4 7
4.9
4 5
4.9
4.9
155 2
155.7
156 3
156.5
157.5
18 2
17.5
17 9
17.9
17 9
40.3
40.4
41.5
40.7
40.6
523 0
522.4
521.3
525.4
526 1
44.6
44.1
42.7
43.6
39.6
55.9
54.9
53.5
54.1
54.1
-9.6
-8.2
-7.6
-11.1
-18.7
-5.9
-5.3
-5.4
-5.1
-4.4
Aug.
Aug.
Aug.
Aug.
9__
16__,._
23
30.....
609.9
622.8
633.0
620.6
237.8
234.2
236.5
225.2
71.1
69.8
67.9
70.0
-6 0
4.7
8.4
8.4
5.0
5.4
5.7
5.6
158.3
158.2
158.1
158.2
17.7
17.4
17.2
14.6
40.6
40.8
40.8
35.1
524.5
530.6
534.6
517.2
48.3
48.8
49.5
52.3
-14.3
56.2
-10.8
58.7
-6.5
59.9
61.9 ' -5.7
-4.7
-4fA
-4.5
-5.0
Sept.
Sept.
Sept.
Sept.
6.
I3__...
20
27
623.5
621.7
612.5
618.4
228.1
223.0
224.5
226.1
71.0
70.8
69.6
70.0
8 4
8.8
9.5
9.1
5.2
5.6
5.3
5.2
162.5
164.0
164.3
164.1
14 1
14.0
14.4
15.1
40.5
40.3
39.7
38.2
529.9
526.5
527.3
527.7
47.2
46.1
43.6
46.6
61.1
60.9
57.8
57.4
-9.9
-5.9
-9.6
-6.4
-4.8
-6.0
-6.6
-6.9
Oct. 4__
Oct. 11......
Oct. 18___.__
Oct. 25
Nov. 1_._...
594.6
598.1
601.7
601.0
599.6
229.8
223.6
221.0
227.7
229.1
69.5
70.1
69.4
70.2
71.4
9 4
9.1
9.0
9.3
9.5
4.5
4.1
3.9
4.2
4.2
164.9
168.4
168.7
170.5
171.7
13.9
14.6
15.5
15.4
15.2
35.6
32.4
33.8
31.3
30.2
527 5
522.3
521.4
528.6
531.3
36.2
40.4
48.9
45.2
43.2
54.9
56.5
55.3
54.0
54.2
-17.4
-14.2
-17.9
-20.0
-23.0
-6.7
-6.9
-6.1
-6.7
-6.2
Nov.8......
Nov. 15
Nov. 22
Nov. 29
597.3
618.8
615.3
622.0
230.2
238.7
243.7
245.6
71.6
71.3
73.0
73.3
10.3
11.8
11.9
12.0
4.5
4.2
3,6
3.4
170.0
171.5
172.8
172.7
15.118.3
17.1
17.8
29.8
30.4
28.0
27.8
531.7
546.2
550.1
552.6
45.5
50.0
52.4
52.7
51.2
55.8
51.8
52.0
-24.9
-27.1
-31.3
-26.7
-6.3
-6.1
-7.7
-8.5
626 8
619.7
619.6
612.8
650 4
247 2
247.1
249.3
247,8
252 2
73 4
72.8
73.8
73.8
73 8
12 0
12.3
12.0
12.0
12 9
30
3.0
3.2
3.1
2 9
175 1
175.9
176.6
177.2
177 8
22 8
17 8
17.6
27.3
16.7 ' 27.2
16.3
26.8
28 4
15 5
551 4
556.0
558.8
557.0
563 5
54 6
54.9
54.3
50.0
56 5
—23 6
52 0
-31.4
48.9
51.3 . -36.2
-34,3
48.5
52 6 1—21 *
-7,6
-8.7
-8.5
-8.4
-.8
1938— Oet 5
Oct. 12......
Oct 19
Oct. 26
Nov. 2
Nov.
Nov.
Nov.
Nov.
9--- = -16_____
23_____
30.. ...
Dec. 7
Dec. U
Dec. 21
Dec. 28
1939— Jan 4
...
Dec. 6
Dec. 13
Dec. 20
Dec. 27
1940—Jan. 3
15:9
1
Figure covers all Asiatic countries. Previous figures include only British India, British Malaya, China, Japan, Netherlands East Indies,
and Philippine Islands, the remaining Asiatic countries being included under "all other,"
618
BANKING AND MONETARY STATISTICS
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
DECREASE IN U. S. BAN KINO FUNDS ABROAD, BY COUNTRIES-Cintii«d
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through—
Total
United
Kingdom
France
Netherlands
12
11
11
11
Switzerland
Germany
Other
Europe
Italy
Total
Europe
Canada
Latin
America
28
28
29
30
560
550
552
546
56
55
55
56
54
55
55
55
All
other
Asia
0
2
8
o
j1
12
1 5
53 9
56 5
55 3
56.2
—34 1
37 9
—35 5
-37.7
—1 0
1 3
53.5
49.7
52.7
53.6
54 1
56,7
57.8
55.8
56.5
55 3
-30.2
-25.0
-23.7
-22.8
—40 0
-1.0
-1.6
53
59
60
59
53
51
53
51
35
—21
—20
—28
644 5
636.1
640 1
626.1
250 6
241.3
240 5
236 0
74
74
73
73
Feb. 7
..
Feb. 14
Feb. 2U . . ,
Feb. 28......
623.3
621 5
627.0
627.7
240.1
239 5
246.3
247.4
74.0
73 3
72.6
73.4
12 2
11 7
11 8
12.9
2 8
3 2
2 9
2.6
178 8
180 4
179 2
179.4
13 4
13 6
12 4
11.7
28 9
27 6
29 8
30.5
550 3
549 2
554 9
557.8
54 3
54 9
53 0
52.1
Mar. 6........
Mar. IS......
Mar, 20
Mar. 27
Apr. 3......
638.5
633.5
638.7
636.9
-631.6
250.2
243.4
246.0
245.1
252.4
73.3
72.8
72.3
72.9
73.8
12.1
12.4
12.1
9.8
11 9
2.4
2.5
3.0
1.7
1 9
179.3
180.2
181.1
180.3
181 1
10.3
10.7
10.3
10.0
10 3
31.8
30.7
30.0
30.4
31 2
559.5
552.6
554.8
550.2
562 6
Apr. 10
Apr. 17 .
Apr. 2 4 _ _ _ _ _
May 1
634 1
644.9
659.0
643.4
255 3
252 2
255.4
255 4
72 8
72 9
73.0
70 3
10
7
13
10
2
2
1
1
3
3
6
7
180 8
182 4
181 0
181 8
9 8
8 9
10.3
10 0
32
30
31
31
563
556
566
561
May8
May 15
May 22.....
May 29-,....,
647.0
657.3
664.1
684.0
257 6
258.8
261.0
262.0
69.7
70.3
70.7
70.8
9 8
14.4
15.0
15.4
2 3
2.4
3.0
3.1
182 6
182.7
182.9
183.8
10 5
9.1
9.3
8.9
32 1
32.4
33.3
35.2
504 6
570.2
575.2
579.3
63 9
62.0
61.7
69.5
52 5
53.4
54.7
52.6
—34 I
-27.9
-27.4
-16.9
-.3
-.2
-.5
June 5
June 12.....
June 19
June 26....
July3
079 . 1
674.5
681.2
690.0
684.1
263 2
260.5
259 9
259.0
260 1
70 9
71.3
73.1
72.9
72 6
15 4
15.7
15 8
15.8
16 0
3 5
3.8
39
4.0
4 3
183 2
183.2
183 3
183.4
183 9
10 3
8.5
10 2
12.3
13 0
35 4
36.3
35 9
36.6
38 8
581 8
579.2
582 1
583.9
588 6
64 2
60.8
65 4
66.7
61 0 1
52 6
52.5
53 0
47.4
49 0
— 18 8
-17.1
—18 7
-7.4
—15 3
— 6
-.7
— 6
-.6
g
July 10...
July 17
July 24. „
July 31......
692.3
699 4
698.7
714.1
261.0
261 0
262 6
263.9
72.6
73 1
74.2
74.2
16
16
16
16
4
4
5
5
183
183
184
184
6
7
2
6
14 2
14 8
15 9
17.6
39
39
40
43
1
5
5
2
591 1
593 1
599 0
605.8
63
64
64
64
49 7
50 2
48 0
49.7
-12 5
—9 9
-13*5
-7.2
Aug. 7.......
Aug. 14...
Aug. 21.....
Aug.28.....
Sept. 4
764.8
769.2
774.0
778.3
773 1
267.1
267.7
267.7
269.7
269 5
74.5
74.3
74.4
74.5
74 6
16.9
17.1
17.1
17.4
17 4
4.9
6.0
6.4
6.3
6 1
185.5
185.2
185.4
185.2
185 2
18.0
18.6
20.8
22.0
23 1
43.7
44.2
44.3
45.0
44 9
610.6
613.1
616.2
620.2
620 8
65.5
67.4
65.5
65.4
65 1
51.0
54.7
54.7
55.0
53 6
35.2
32.0
37,9
37.7
34 0
1.6
2.0
-.4
-.1
_„ 4
Sept. 11.
Sept. 18.....
Sept. 25.....
Oct. 2.
768,4
773.2
782.0
773.9
269.8
270.7
271.3
271 9
74.8
75.1
75.2
75 3
17.4
17.5
17.3
17 6
6.2
6.1
6.1
6 5
185.3
185.4
185.6
185 6
24.3
24.5
24.7
24 5
44.8
45.0
45.0
45 0
622.6
624.3
625.3
626 4
63.2
64.8
67.3
65 4
54.0
53.4
54.0
52 9
29.7
28.5
33.3
26 9
-1.1
2.2
2.0
2 1
Oct.
Oct.
Oct.
Oct.
781 8
780.9
765 6
765 . 7
270 8
272.2
271 5
272 5
75 3
75.2
75 1
75 0
17 5
17,6
17 6
17 6
6 1
6.7
6 1
6 1
187 4
187.1
187 1
187 2
24 9
23.8
23 9
24 0
47 o
47.0
47 0
46 5
629 2
629.6
828 3
828 9
65 7
64.9
62 0
63 9
53 9
53.0
43 5
42 9
30 6
31.2
29 7
27 7
2 4
2.3
2 1
1940— Jan. 10
Jan. 17
Jan. 24
Jan, 31 .
.
0
16
23
30. ...
1
0
7
5
4
4
6
4
1
3
1
7
1
3
6
8
3
3
3
3
1
5
0
0
6
8
1
6
178
178
180
178
1
0
4
9
13
14
13
13
9
0
8
5
5
4
8
3
0
2
6
2
8
7
7
7
1
3
0
0
8
1
5
2
6
2
2
2
1
9
4 I
9 i
1
8
2
8
0
4
0
6
26
* —24
21
32
8
9
0
4
g
g
-.7
-!e
_. 4
2
I
— 2
1
(i)
9
1 i
g
1.0
2.2
Nov.
Nov.
Nov.
Nov.
6
13 .
20
27.....
762 3
751.5
752.3
764.0
271 9
271.1
271.0
270.7
75 1
74.6
74.5
74.4
17 6
17.6
17.5
17.5
6 2
6.2
6.1
6.2
188 3
188.3
188.9
188.2
24 5
24.3
24.4
25.0
46 6
46.3
47.7
47.8
630 3
828.5
630.1
629.8
64 0
61.4
60.0
66.5
41 9
41.5
41.8
40.1
24 1
18.1
18.3
26.4
2 0
2.0
2.1
1.2
Dec.
Dec.
Dec.
Dec.
1941=-Jan.
4.
11
18......
25..
1.
763 0
757.6
771.1
771.6
775 1
272 3
271.7
271.8
272.8
269 2
74 5
74.4
74.5
74.5
74 6
17 5
17.5
17.5
17.7
17 7
63
188 1
188.3
188.4
190.9
191 6
25 1
25.3
25.1
25.2
25 3
48 4
50.3
49.3
49.5
49.8
632 2 •
633.3
632.6
636.9
634.7
65 3
61.3
62.1
60.4
60 3
38 8
30.7
41.0
39.9
43 2
24.5
24.1 '
33.2
32.4
34.8
2.1
5.9
6.3
6 5
Jan. 8
Jan. 15
Jan. 22
Jan.29— _ _
775 8
772.2
757.1
759.9
272 1
272.9
271.0
269.2
74 7
75.2
75.5
75.4
17 8
17.8
17.8
17.8
6 5
6.0
5.7
5.9
192 1
192.1
192.2
192.4
25 0
25.3
25.1
25.5
48 9
48.0
48.4
48.7
637 2
637.3
635.8
§34.8
61 4
58.6
61.7
62.6
42 3
42.3
40.1
40.1
32 6
31.8
17.5
20.2
2 3
2.2
2.0
2.0
Feb. 5_. ..
Feb. 12
Feb. 19
Feb. 26
763.1
754.6
764.6
776.1
273.0
269.9
271.0
271.4
75 5
75.7
75.6
75.6
17 8
17.8
17.7
17.8
5 9
5.6
5.5
4.2
192 7
192.8
193.1
193.0
25.4
25.4
25.4
25.5
48.6
48.4
49.0
48.8
638.9
635.7
637.4
636.3
64.6
62.9
64.2
65.4
41.4
43.2
48.6
50.9
16.2
10.6
12.3
21.6
2.0
2.1
2.2
1.9
Mar. 5
Mar. 1 2 _ _ _ _ _
Mar. 19—
Mar. 26
Apr. 2
764.9
752.1
756.2
755.4
767 4
272.5
269.2
268.4
268.3
268 2
75.6
75.7
75.6
75.9
76 0
17.8
17.8
17.8
17.8
17 8
4.9
4.6
4.8
5.0
5 0
193.1
193.3
194.3
195.0
195 0
25.5
25.3
25.4
25.5
25.6
49.5
49.3
50.0
49.5
49.7
639.0
635.3
636.3
637.0
637.2
65.5
64.3
64.1
62.5
65.3
42.9
40.5
41.5
42.2
44.4
15.6
11.1
12.7
12.4
19 2
1.8
* Inflow less than $50,000.
5.9
2.2
2.1
2.1
2.1
n
i!e
1.2
1.3
INTERNATIONAL FINANCIAL STATISTICS
619
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
DECREASE IN U. S. BANKING FUNDS ABROAD, BY COUNTRIES-Contimied
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through—
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Asia
All
other
766 4
772.4
785.0
798.9
269 4
268.6
268.9
269.6
76 0
76.0
75.9
75.9
17 7
17.8
17.8
17.7
5.3
4.1
5.2
5.3
195.6
195.6
195.6
195.7
25.4
25.5
25.5
25.5
49.0
49.2
50.2
50.7
638.5
636.8
639.2
640.4
64 5
61.4
66.9
71.3
41 9
43.6
44.6
47.7
20 3
29.6
33.5
38.7
1.0
.9
.8
7
14
21
28.....
791 6
792.4
794.6
794.9
267 6
267.5
267.6
267.4
76 1
76.1
76.6
76.4
17.8
17.8
17.8
17.8
5.2
5.8
5.3
5.2
195.7
195.7
195.7
195.9
25.5
25.4
25.6
25.5
50.9
50.7
51.1
51.4
638.8
639.1
639.7
639.5
67.8
68.6
69.2
68.3
50.4
49.8
49.7
49.8
34.2
34.5
35.7
37.6
.4
.3
-.3
June 4
June 11
June 18...,.
June 25
July 2
_.
803.6
811.6
815.7
817.8
81S.6
266 4
266.3
267.4
266.3
268.6
76 6
76.3
76.6
76.6
76.6
17.8
17.8
17.8
17.8
17.8
5.3
5.3
5.3
5.2
5.2
195.7
195.7
195.7
195.7
195.7
25.5
25.5
25.6
25.6
25.6
51.2
51.0
51.2
51.4
51.2
638.4
638.0
639.7
638.7
640.8
67.4
66.9
68.0
69.4
68.5
52.3
54.9
52.1
51.4
52.1
45.7
52.2
56.4
59.0
57.7
-.3
-.4
-.5
-.6
-.4
July 9
July 16
July 23
July 30
826.2
826.2
819.4,
803.5
268.3
268.7
267.9
265.3
76.7
76.8
76.8
76.8
17.8
17.8
17.8
17 9
5.2
5.3
5.3
5.2
195.6
195.7
195.6
196.0
25.6
25.6
. 25.6
25.1
51.2
51.6
51.6
51.7
640.4
641.4
640.6
638.0
68.6
69.5
70.6
71.3
53.6
53.7
53.5
49.2
64.1
61.7
55.2
46.7
-.5
-.1
-.5
—1.7
Aug. 6
Aug. 13
Aug. 20
Aug. 27
Sept. 3
807.3
805.7
803.7
801.8
805.6
269.3
268.3
268.3
268.2
268.8
76.8
76.8
76.8
76.8
76,8
17.9
17.9
17.9
17.8
17.8
5.4
5.4
5.4
5.3
5.3
196.3
195.8
196.0
195.9
195.9
25.1
25.6
25.7
25.7
25.7
51.5
51.6
51.8
51.8
51.8
642.2
641.4
641.9
641.6
642.2
71.0
68.5
64.9
67.6
68.7
47.9
46.0
47.9
45.5
44.1
48.5
51.6
50.7
49.5
52.6
-2.3
-1.7
-1.8
-2.3
-1.0
Sept. 10
Sept. 17.
Sept. 24
Oct. 1
814.9
814.8
810.1
805.3
270.2
269.9
269.8
269.8
76.8
76.8
76.9
76.9
17.8
17.8
17.8
17.9
5.3
5.4
5.4
5.4
195.9
195.9
195.9
195.9
25.7
25.7
25.7
25.7
51.8
51.6
51.5
51.4
643.6
643.2
643 . 1
642.9
69.1
68.7
68.0
64.6
50.1
50.1
45.2
43.0
54.0
54.9
56.0
56.9
-1.9
-2.1
-2.3
-2.0
Oct. 8
Oct. 15
Oct. 22
Oct. 29
804.6
802.1
803.4
797.7
267 2
269.0
268.5
265.2
77 0
77.0
77.0
76.9
17 9
17.9
17.8
17.8
5.5
5.5
5.5
5.5
195.9
196.4
195.7
195.7
25.7
25.3
25.7
26.0
52.0
52.3
52.7
53.0
641.1
643.3
642.8
640.1
66.2
60.7
61.1
41.4
41.8
40.9
39.9
57.5
57.9
58.9
58.1
-1.6
-1.6
-1.1
-1.4
Nov. 5 .
Nov. 12.. _„
Nov. 19 .Nov. 26.....
Dee. 3
785.5
796.1
792.4
795.8
795.2
265.3
266.6
- 265.6
265.5
266.3
76.9
77.1
76.9
76.9
76.9
17.8
17.8
17.8
17.7
17.5
5.5
195.9
195.9
195.9
195.9
195.9
25.8
25.8
25.8
25.8
25.8
53.1
52.9
53.3
53.2
53.7
640.3
641.6
640.7
640.1
641.5
59.1
60.4
60.7
69.6
69.6
30.3
33.1
29.9
25.1
23.5
57.0
62.0
62.1
62.8
61.6
-1.2
-1.1
- .9
-1.8
-1.1
Dec.
Dec.
Dec.
Dec.
796.6
795.4
792.6
791.3
267.4
268.6
270.1
271.2
76.9
76.9
76.9
76.9
17.5
17.5
17.6
17.6
5.3
196.1
195.9
195.9
196.8
25.7
25.7
25.7
25.8
53.6
53.8
53.0
53.6
642.6
643.8
644.7
647.4
67.8
67.1
65.5
62.7
23.1
20.5
17.7
17.7
64.7
65.1
66.1
64.7
-1.6
-1.1
-1.4
-1.2
1941— Apr. 9
Apr. 16 . .Apr, 23
Apr, 30
May
May
May
May
10.....
17
24
31
5.5
5.5
5.2
5.5
5.3
5.4
5.4
:
61.9
1 2
.4
BANKING AND MONETARY STATISTICS
620
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
FOREIGN SECURITIES: RETURN OF U. S. FUNDS, BY COUNTRIES
(NET PURCHASES BY FOREIGNERS OF FOREIGN SECURITIES OWNED IN U.I)
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through •—
Total
United
Kingdom
Netherlands
France
Switzerland
Germany
Other
Europe
Italy
Total
Europe
Canada
Latin
America
Far
East
All
other
.2
.1
,1
.4
.6
-.4
— ^
-.3
-.7
.1
.2
.5
.7
-.1
-1
.1
2
.6
1.1
1.6
2.0
.9
5.2
8.6
10.5
1.4
3.5
3.9
4.4
.5
.6
.6
.6
.1
.3
-.1
.1
-.1
-.3
2
-!2
.3
.4
.3
.2
1.2
1.4
1.4
1.5
— 9
-.8
-.9
-1.1
.8
.0
.2
.4
3
.3
.4
.3
5.5
6.0
7.3
7.7
14.9
16.6
18.2
18.3
3.7
1.9
5.8
4.9
.5
.7
.9
1.1
.3
.4
.6
1.1
-.3
-.3
— 2
-.2
7.8
6.9
6.2
6.8
6.1
.2
.3
.2
.3
.4
1.2
.6
.8
2.1
2.5
2.8
.1
C1)
— !i
13.0
15.4
15.8
16.8
19.9
22.4
23.2
22.8
24.8
27.7
2.5
.6
-.8
-5.7
-2.7
1.4
1.6
1.9
2.1
4.6
1.1
1.3
1.5
1.8
2.0
-.2
!s
-1.5
-2.3
-2.6
-2.6
-2.6
31.0
34.6
33.7
32.9
6.9
8.7
8.7
8.6
.6
.8
1.1
1.1
.5
.7
.8
2.0
-2.5
-2.4
-2.4
-2.2
3.1
3.3
3.5
3.8
-.4
-A
-.4
20.6
21.1
21.4
21.7
29.8
32.7
33.7
34.5
-7.5
-7.3
-9.2
-11.2
5.0
5.2
5.3
5.3
3.3
3.6
3.5
3.7
.5
8.... .
15.....
22.....
29......
33.3
31.2
30.8
30.3
9.6
9.1
10.2
11.5
1.2
1.5
2.0
2.3
2.1
2.1
1.6
1.7
—2.2
-2.1
-2.3
-2.1
4.1
4.4
4.9
5.2
—.3
-.4
-.3
-.3
.22.1
22.5
23.1
23.1
36.6
37.2
39.1
41.3
-13.2
-16.1
-18.8
-21.4
5.3
5.3
5.4
5.3
4.1
4.5
4.7
4.8
.4
.3
.3
.2
June5.__._.,
June 12.__...
June 19.....
June26J___.
July 3.._.___.
39.2
42.1
41.7
40.4
43.7
15.0
15.2
15.0
14.8
15.6
2.4
2.4
2.9
3.2
3.3
1.7
2.0
2.0
2.2
2.2
-2.4
-2.6
-2.9
-2.9
-3.0
5.4
5.6
5.8
6.1
6.3
-.3
-.3
.3
48.1
52.3
53.1
54.3
56.3
-19.5
-21.1
-22.5
-25.5
-24.5
5.5
5.6
5.6
5.5
5.6
4.9
:i
26.2
30.0
30.3
30.8
31.7
5. '3
5.8
6.1
.3
.3
.2
,3
,3
July 10 _
July 17......
July24._.._.
July 31
44.0
43.0
43.9
45.3
16.1
16.3
16.5
17.8
3.4
3.4
3.5
3.4
2.3
2.3
2.7
2.9
-3.1
-2.9
-2.8
-3.0
6.5
6.7
6.8
7.0
.4
.4
.4
5
32.1
32.4
32.5
33.1
57.7
58.5
59.6
61.8
-25.6
-27.1
-27.1
-28.3
5.8
5.7
5.8
6.0
5.8
5.5
5.3
5.4
.4
.4
.4
.6
7.
I4_.,__
21__...
28_.__
47.8
50.2
-15.2
-14.3
18,2
18.3
17.9
18.6
3.5
3.6
3.6
3.7
3.2
3.4
3.7
3.8
-3.2
-3.1
-3.2
-3.1
7.3
7.6
7.9
8.2
.6
.7
.8
33.5
33.8
34.2
34.6
63.2
64.4
64.9
66.6
-28.0
-27.1
-93.9
-95.2
6.4
6.6
6.9
7.3
5.6
5.6
6.4
6.5
.5
.5
.5
.6
Sept. 4 _
Sept. 1 1 _ _ _ _ _
Sept. 1 8 _ _ _ _ _
Sept. 25... __
Oct. 2.......
-9.7
-7.2
15.8
17.9
40.1
19.1
20.1
28.6
30.7
32.0
3.7
3.6
3.7
3.6
4.3
3.9
4.0
4.3
4.6
4.8
-3.3
-3.3
-3.2
-3.3
-3.2
8.5
8.7
9.1
9.2
9.5
1.1
1.1
.1
.2
.2
35.4
36.0
36.1
36.8
38.2
68.4
70.2
79.7
82.9
86.8
-92.6
-93.1
-80.2
-82.2
-64.6
7.4
8.1
8.8
9.0
9.2
6.5
6.9
6.8
7.5
7.8
.6
.6
.8
.7
.9
Oct. 9....___
Oct. 16......
Oct. 23
Oct. 30......
43.6
48.7
52.6
56.0
32.5
33.8
35.1
38.4
4.5
4.4
4.6
4.7
4.7
5.0
5.2
5.7
-3.1
-3.1
-3.2
-2.7
9.7
10.1
10.4
10.8
.1
.1
1
1.1
38.9
40.4
42.1
42.6
88.3
91.7
95.4
100.7
-63.4
-62.1
-61.9
-63.9
9.8
10.0
10.2
10.3
7.9
8.1
7.9
7.8
.9
1.0
1.0
1.1
Nov. 6
Nov. 13.....
Nov. 20
Nov. 27.....
55.0
55.5
62.3
65.0
39.0
39.0
42.2
45.2
4.8
5.1
5.4
5.8
5.8
6.1
6.5
6.7
-2.5
-2.3
-1.9
-1.8
11.0
11.1
11.4
11.7
11
1.4
1.4
1.5
43.2
43.3
43.7
44.4
102.4
103.7
108.8
113.5
-66.7
-67.6
-66.1
-68.4
10.9
10.8
11.2
11.5
7.3
7.5
7.4
7.3
1.1
1.1
1.1
1.1
Dec, 4..
Dec. 11__...
Deo. 18
Dee. 2 5 _ _ - _ _
1936 -Jan. 1......
87.5
105.7
113.8
120.3
125.2
46.3
59.4
63.0
65.6
67.8
6.0
6.5
6.6
6.6
6.8
6.8
7.0
7.2
7.3
7.4
-1.8
-1.9
-1.9
-1.6
-1.2
12.0
12.3
12,6
12.9
13.3
2.6
2.7
2.8
2.9
2.9
44.4
44.9
45.1
46.0
46.1
116.3
130.9
135.4
139.7
143.1
-49.4
-46.0 j
=42.7
-40.7 j
-39.7
12.1
12.1
12.5
12.6
12.7
7.4 1
7.6
7.5
7.6
7.9
1.1
1.1
1.1
1.1
1.1
8______
15.....
22,
29.,
98.9
102.3
61.6
58.9
68.7
70.5
70.6
71.2
7.1
7.3
7.5
8.2
7.7
7.8
8.1
8.2
-.8
-1.0
-1.0
-1.2
13.4
13.7
13.9
14.1
3.1
3.3
3.4
3.5
48.4
48.6
48.9
49.0
147,6
150.2
151.4
153.1
-70.7
-70.0
-112.0
-116.6
12.8
12.8
12.7
12.6
8.1
8.3 |
8.4
8.7
1.1
1.1
1.0
1.0
Feb. 5......
Feb. 12
Feb. I 9 _ _ _ . _
Feb. 26.....
104.2
106.8
104.9
105.7
71.2
72.6
73.1
73.5
8.1
8.4
8.2
8.1
8.3
8.6
8.7
9.2
-1.3
-1.6
-2.1
-1.9
14.2
14.5
14.8
15.0
3.6
3.5
3.6
3.7
49.5
49.6
49.9
49.7
153.7
155.6
156.2
157.3
-71.0
-70.5
-73.5
-74.8
12.7
12.9
13.2
13.4
7.7
7.8
8.0
8.8
1.0
1.0
1.0
1.0
Mar. 4_._...
Mar. l l . _ . _ _
Mar. 18.....
Mar. 25____.
Apr. 1......
107.9
98.7
103.2
106.3
114.4
74.1
76.7
77.1
77.6
80.3
8.1
8.6
8.4
8.7
8.8
8.9
8.9
8.9
8.9
9.1
-1.8
-1.6
-1.3
—1.0
-.8
15.3
15.5
15.8
16.0
16.1
4.1
4.1
4.1
4.1
4.1
49.7
33.9
34.1
34.2
35.2
158.4
148.1
147.1
148.4
152.7
-75.2
-72.5
-69.9
-68.8
-67.4
14.3
14.5
15.0
15.4
17.7
9.1
9.5
9.9
10.1
10.2
1.2
1.1
1.1
1.2
1.2
1935- Jan. 9 .....
Jan 16
Jan. 23......
Jan 30
2.8
9.2
12.7
15.4
1.4
4.1
6.4
7.6
-.8
(i)
Feb. 6
Feb. 1 3 _ _ . _ _
Feb. 20__...
Feb. 27
19.1
19.3
25.2
25.2
7.7
8.3
8.5
8.3
Mar. 6__.....
Mar. 1 3 _ _ _ _ _
Mar. 20.....
Mar. 27.....
Apr. 3
27.2
26.7
25.5
23.1
31.8
Apr. 16
Apr. 17.....
Apr. 24
Mayl... .
May
May
May
May
Aug.
Aug.
Au«Aug.
Jan.
Jan.
Jan.
Jan.
1
Net sales less than $50,000.
!l
a
Net purchases less than $50,000.
-.3
A
(
!s
INTERNATIONAL FINANCIAL STATISTICS
621
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
FOREIGN SECURITIES: RETURN OF U.S. FUNDS, BY COUNTRIES-Conlinued
(NET PURCHASES BY FOREIGNERS OF FOREIGN SECURITIES OWNED IN U.S.)
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through—
Total
United •
Kingdom
France
Netherlands
Switzerland
Italy
Germany
Other
Europe
Total
Europe
Canada
Latin
America
Far
East
All
other
1936— Apr. 8 _.„ Apr. 15
Apr. 22
Apr. 29
112.0
109.3
111.7
88.5
80.0
94.1
94.0
94.7
8.9
8.8
9.2
9.6
9.4
9.5
9.8
10.0
-.4
-.5
-.6
-.4
16.3
16.6
16.8
16.9
4.
4.
4.
4.
29.2
7.7
10.9
11.9
147.4
140.3
144.2
146.8
-65.3
-61.4
-63.2
-89.4
18.2
18.5
18.6
18.8
10.4
10.7
10.9
10.9
1.2
1.3
13
1.4
May 6
May 13
May 20
May 27
June 3
07.9
103.6
111.2
115.2
138.6
95.5
96.1
96.0
96.2
93.7
9.8
10.1
10.3
11.0
11.5
9.8
10.0
10.2
10.4
10.7
-.2
.2
.7
1.2
1.7
17.0
17.3
17.5
17.7
17.8
4.
4.
4.
4.0
3.9
12.5
12.9
13.2
14.4
35.8
148.6
150.7
152.0
154.9
175.0
-82.5
-79.4
-73.8
-73.2
-70.7
19.4
19.5
19.7
19.9
20.6
11.1
11.4
11.7
11.9
12.0
1.4
14
1.5
1.6
1,8
June 10... _.
June 17
June24._.,__
July 1 . - -
143.3
150.7
155.0
180.5
93.5
94.2
94.1
96.4
12.2
12.4
12.8
12.8
11.3
ll.fi
11.8
11.6
2.2
2.5
2.9
3.3
17.9
18.0
18.1
18.2
3.6
3.4
3.4
3.3
37.5
38.4
39.2
39.9
178.1
180.6
182.3
185.6
-69.3
-65.1
-62.9
-40.8
20.5
• 21.1
21.3
21.3
12.2
12.3
12.5
12.6
1.8
1.8
.8
8
July 8July 15
July 22
July 29
187.3
200.8
205.3
210.0
98.7
100.9
101.6
102.6
12.9
13 1
13.2
13 4
10.7
9.9
10.0
9.8
3.3
3.4
3.8
4.1
18.3
18.4
18.5
18.6
3.4
3.5
3.5
3.6
40.4
49.2
49.3
50.7
187.6
198.3
200.0
202 7
-36.5
-34 0
-31.5
-30 2
21.6
21 8
22.0
22 2
12.7
12.8
12.9
13.1
.8
8
.9
2 2
Aug. 5-...
Aug. 12
Aug. 19
Aug. 2 6 _ _ _ _ _
Sept. 2 .
215.2
218.5
222.8
226.4
254.2
102.6
102.9
102.7
102.9
103.9
13.4
13.7
14.0
14.1
14 1
9.9
10.0
10.0
10.1
10.3
4.4
4.8
4.8
5.1
5.4
18.6
18.7
18.9
19.1
19.3
3.6
3.6
3.7
3.7
3.9
51.5
51.7
52.4
52.5
56.9
204.1
205.5
206.4
207.5
213 8
-26 8 '
-25.4
-22.2
-20.4
13
22 4
22.8
22.9
23.2
23 3
13.3
13.2
13.2
13.5
13.2
2 2
2.3
2.3
2.5
2 6
Sept. 9 _
Sept. 16
Sept. 23
Sept. 30
259.1
263.0
265.6
272.2
103.8
103.6
104.4
106.2
14.3
14.5
14.9
15.2
10.4
10.4
10.9
11.0
5.7
6.6
6.9
7.1
19.6
19.8
20.0
20.1
3.8
3.8
3.7
3.7
57.4
58.0
58.4
58.6
215.0
216.7
219.1
222.1
43
6.5
6.5
7.7
23.4
23.5
23.7
25.7
13.7
13.6
13.7
14.0
2 6
2.7
2.7
2.6
Oct.
Oct.
Oct.
Oct.
278.8
279.5
286.1
293.4
108.0
109.3
111.0
114.2
15.7
15.6
15.5
15.6
10.9
10.7
11.0
10.6
7.2
7.2
7.3
7.6
20.4
20,6
20,8
21.1
3.6
3.5
3.5
3.4
59.1
59.4
59.9
61.1
224 9
226.4
228 9
233.4
11 0
9.6
13 1
15.6
26 1
26.3
26 6
26.7
14.2
14.5
H.7
15.0
2
2
2
2
Nov. 4
Nov. 11
Nov. 18
Nov. 25
Dec. 2
300.3
300.7
301.6
300.3
298.1
116.4
116.7
117.9
117.3
116.6
15 5
15.9
16.4
16.6
17.1
10.5
10.1
9.7
9.6
10.2
7.8
8.4
8.8
8.9
11.7
21 2
21.4
21.6
21.8
22.0
3.2
3.0
2.7
2.8
4.4
77.3
79.0
79.9
80.9
83.4
251 8
254.4
256.9
258.0
265.4
4 1
1.2
7
-3^3
-2 0
26 8
26.8
26.7
26.8
15.5
14.9
15.5
15.7
15.9
16.0
2 7
2.7
2.9
2.9
3.2
Dec.
Dec.
Dec.
Dec.
299.0
300.9
306.5
316.2
114.9
114.7
115.6
116.1
17.4
17.7
18.0
18.2
10.0
10.0
10.3
10.4
12.1
12.4
13.6
13.7
22.1
22.2
22.5
22 5
4.3
4.8
5.3
9.4
84.2
85.1
85.8
87.9
265.0
266.9
271.2
278.3
-1.3
-1.5
-.5
1.7
15.7
15.4
15.5
15.7
16.3
16.7
16.8
17.0
3,3
3.4
3.5
3.5
32£.3
333.4
337.4
264.3
266.9
116.6
116.9
116.4
116.2
115.3
13.3
18.8
19.2
19 7
19 8
10.2
10.4
10.8
11.3
11.5
13.7
14.6
15.1
15.5
15.8
22.6
22 5
22.9
23 2
23 2
9.3
9.2
. 9.3
9.3
9 3
89.6
90.3
90.7
91.7
93 1
280.4
282 8
284.3
286 9
288 0
11.8
14 8
16.6
—59 6
—58 9
15.8
15.7
16.0
16 2
16 6
16.8
17.0
17.2
17.5
17 8
3.5
3.2
3.3
3.3
34
Feb. 10
Feb. 17
Feb. 24..
Mar. 3
259.2
262.3
225.6
277.9
132.4
133.0
136.3
138.6
20 3
20.3
22.8
22 9
12.8
13.6
16.6
16.5
16.6
17.2
25.4
26.1
23 1
23.1
23 1
23 1
9.1
9.0
9.0
9.4
65 7
66.5
69.8
70.3
279 9
282.7
303.0
307 0
—59 3
-60.2
—66 5
-19 3
17 1
17.9
-33.7
-33 1
18.2
18.3
18.8
19.1
3.5
3.7
4.0
4.1
Mar.
Mar.
Mar.
Mar.
10
17
24...
31_.__.
283.7
313.9
317.1
319.1
139.3
138.6
130.6
140.5
22.8
22.8
22.7
22.7
16.9
17.2
17.5
17.8
26.8
27.1
27.4
27.8
23.1
23.3
23.4
23.6
9.4
9.4
9.3
9.3
70.7
98.6
99.3
98.9
309.1
336.9
339.3
340.6
-16.1
-14.5
-13.9
-13.4
-32.8
-32.5
-32.3
-32.1
19.3
19.7
19.9
19.8
4.2
4.2
4.2
4.2
Apr. 7 _ _ _ _ _ _
Apr. 14..__.
Apr. ;21
Apr. 28..._.
329.2
334.8
335.5
339.1
140.8
143.2
142.9
144.0
22.8
22.7
22.8
22.8
18.0
18.0
18.3
19.8
28.1
28.4
28.7
29.1
23.9
24.0
24.1
24.1
9.2
9.1
9.1
9.1
99.3
99.4
99.7
99.7
342.0
344.9
345,6
348.6
-9.0
-6.5
-7.1
-5.7
-28.1
-28.1
-27.9
-29.0
19.9
20.0
20.1
20.4
4.5
4.6
4.7
4.9
May 5_ — _ _
May 12__;__
May 19...._
May 26
June 2
_
329.8
331.9
335.6
338.9
374.4
148.2
148.0
148.1
149.2
144.0
22.5
22.8
22.7
22.7
22.7
20.9
21.2
21.3
21.7
21.4
32.6
33.1
33.4
34.2
31.4
24.1
23.8
23.9
23.5
23.6
9.4
9.3
9.3
9.3
9.3
101.1
100.9
101.3
101.5
100.7
358.8
359.0
360.0
362.1
353.1
-3.5
-2.3
-.3
.7
2.5
21.0
21.3
21.5
21.8
21.3
4.7
4.8
4.8
4.9
4.9
June 9
June 16
June 23
June 30. -.i.
383 1
388.6
391.5
395.2
143 4
143.1
142.7
143.0
22 8
22.9
23.0
23.1
21 8
22.0
22.2
22.4
33 5
34.5
35.4
36.2
23 8
23.9
24.1
24.3
9 3
9.8
9.9
9.8
100 9
101.2
101.1
101.4
355 4
357.5
358.4
360.2
39
5.6
6.1
7.0
-51.2
-50.9
-50.4
-50.4
-7.3
2 i
-.3
1.0
1.9
21 0
21.0
21.2
21.2
4 9
4.8
4.8
4.9
7
14
21
28____
9
16
23
30.
1937- Jan. 6_
Jan. 13
Jan. 20....
Jan. 27
Feb. 3
,
7
8
7
8
BANKING AND MONETARY STATISTICS
622
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
FOREIGN SECURITIES: RETURN OF U. S. FUNDS, BY COUNTRlES-Continucd
(NET PURCHASES BY FOREIGNERS OF FOREIGN SECURITIES OWNED IN U.S.)
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through—
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Far
East
All
other
398.7
402.2
403.7
408.0
142.3
141.8
141.3
142.0
22.9
23.1
23.2
23.1
22.6
23.4
23.8
24 0
36.8
37.8
38.5
39 2
24.5
24.7
24.9
25 1
9.8
9.8
9.8
9 8
101.3
101.4
101.3
102 5
360.3
362.0
362.8
365.7
9.0
10.0
9.7
10.3
2.9
3 7
4.4
51
21.2
21 3
21 5
21 4
5
5
5
5
Aug 4
Aug. 11.....
Aug. 18...,.Aug. 25...Sept. U......
431.9
437.1
442.4
447. 1
479.4
138.1
138.5
138.4
139,2
133.2
23.2
23.4
23.4
23.4
23.2
23 8
23.9
24.0
24.1
23.6
36 7
37.3
37.7
39.0
37.4
25.1
25.2
25.3
25.2
25.3
98
9.7
9.6
9.6
9.9
101.2
101.3
101.5
101.7
101.8
357.9 '
10.1
359.2 i 10.1
13.9
359.9
362.2
14.9
354.4
14.7
37 0
40.8
41.6
42.4
82.6
21 2
21.2
21.3
21.8
21.8
55
5.7
5.8
5.8
5.9
Sept. 8
Sept. 15-...~
Sept. 22__,_..
Sept. 29.—
484.4
490.5
492.6
493.3
133.1
133.9
133.7
135.1
23.2
23.4
23.5
23.7
23.5
23.5
23.7
23.5
35.5
36.1
36.7
37.5
25.4
25.4
25.2
25.0
9.9
9.9
9.9
10.0
102.0
102.3
102.6
103.6
352.6
354.5
355.3
358.3
15.1
15.4
15.2
11.1
89.0
92.2
93.8
95.3
21 8
22.2
22.3
22.4
59
6.1
6,1
6.2
Oct. 6
Oct. 13 . „
Oct. 20
Oct. 27 . -„
Nov. 3
522.9
524.9
531.1
535.3
554.8
131.2
131.2
132.3
133.7
132.9
24.1
24.1
24.0
23.8
23.5
22.4
22.2
22.1
22.0
20.9
33.1
33.0
32.9
31.8
30.5
25.1
25.1
25.3
25.4
25.5
9.9
9.9
9.9
10.0
10.3
104. 9
106.0
107.9
109.5
111.3
350.7
351.6
354.5
356.2
354.7
9.0
8.2
9.3
10.3
9.7
134.3
136.0
138.0
139.4
160.8
22 6
22.7
22.8
22.9
23.0
6 3
6.4
6 5
6.6
6 6
Nov. 10
Nov. 17.....
Nov. 24Dec. 1
559.5
553.2
560.1
571. 6
133.4
133.5
133.5
134.1
23.3
23.2
23.2
23.0
20.6
20.7
20.6
20 7
30.1
30.0
29.9
29 6
25.6
. 25.8
25.9
26.0
10.1
10.1
10.1
12.5
112.0
113.1
113.7
114.1
355.2
356.4
356.8
360.0
9.9
10.5
11.2
11.4
164.7
166.4
168.0
169.9
23.2
23.4
23.5
23 7
6.5
6.5
6.5
6 5
Dec.
Dec.
Dec.
Dec.
8
15
22
29
574.5
577.4
581.2
583.2
135.0
135.7
136.7
136.8
23.1
22.9
22.9
22.8
20.8
21.0
21.1
21.2
29.6
29.7
30.0
30.4
26.1
26.3
26.4
26.6
12.8
13.3
13.4
13.5
114.2
114.7
115.0
115.2
361.7
363.5
365.5
366.4
10.7
10.3
10.6
10.5
171.6
172.8
174.1
175.0
23.9
24.1
24.3
24.5
6 6
6.7
6 8
6 8
1038—Jan. 5,
Jan. 12
Jan. 19
Jan. 26
Feb. 2
580.8
588.0
590.8
591.8
592.4
135.8
134.0
134.8
135.3
135.8
22.8
22.7
22.7
22.9
23.1
21.2
21.1
21.1
21 4
21.2
30.0
29.4
29.9
30.1
30.1
26.8
26.9
27.0
27.1
27.1
13.6
13.7
14.3
14.3
14.6
117.6
117.6
118.1
118.3
119.1
367.8
365.4
367.8
369.3
371.1
10.1
8.7
7.8
6.4
3.8
180.6
182.3
183.4
184.1
185.0
24.0
24.7
25.0
25.1
25.4
6.8
68
6.8
68
7.1
Feb. 9
Feb. 16
Feb. 23
Mar. 2
591 . 1
595.9
597 . 1
601.1
134.7
133.6
133.1
132.4
23.5
23.3
23.4
23.5
21.0
20.9
20.9
21.0
29.5
29.2
29.3
28.9
27.4
27.5
27.7
27.8
14.7
14.7
14.7
14.9
119.7
124.6
125.2
129.1
370.6
373.9
374.3
377.6
1.8
2.2
2.0
1.9
186.0
186.9
187.7
187.9
25.5
25.7
25.8
26.3
7.2
7.2
7.3
7.4
Mar. 9
Mar. 10.....
Mar.23.___.
Mar. 30.....
6D4.1
605.9
612.6
618.5
132.4
132.6
134.2
135.9
23.6
23.6
23.7
23.7
21.1
21.1
21.5
21.5
29.0
29.1
29.3
29.5
27.9
28.0
28.4
28.6
15 0
15.1
15.1
15.1
130.1
130.4
133.6
134.6
379.1
379.9
385.7 !
388.9
2.2
1.9
1.4
3.1
188.7
189.6
190.5
191.3
26.8
27.2
27.4
27.5
7.3
7.3
7.6
7.7
Apr. 6
Apr. 13
Apr.20_.__.
Apr. 27
625.5
626.7
627.5
628.7
136.4
136.5
136.5
136.8
23 8
23.8
23.8
23.8
21 6
21.8
21.9
22.0
30 0
30.1
29.7
29.8
29.0
29.1
29.3
29.4
15.1
15.1
15.1
15.1
135.7
136.3
136.6
136.8
391.6
392.7
392.9
393.7
4.2
3.4
3.3
3.0
194.1
194.7
195.3
195.9
27.7
27.8
27.8
28.0
80
8.1
8.1
a 2
May 4
May 11
May 18— .
May 25 .
June 1
639.0
639.6
643.4
643.4
643.2
138.6
138.6
140.0
139.9
138.4
23.8
23.8
23.7
23.6
23.7
22 1
22.2
22.1
22.0
22.1
28 2
28.2
28.5
28.7
28.7
29.5
29.6
29.9
30.0
30.0
15.1
15.1
15.3
15.3
15.3
144.4
145.0
145.7
146.0
146.4
401.7
402.6
405.3
405.4
404.6
4.4
3.7
3.7
2.6
2.9
196.6
197.0
197.8
198.5
199.2
28 0
28.1
28.3
28.5
27.9
8 2
8,3
8.3
8.4
8.5
June 8
June 15..-,.June 22
June 2 9 _ _ - —
644.1
642.4
640.7
643.1
138.5
137.8
137.1
137.9
23 8
23.8
23.8
23.7
22 1
22.2
22.3
22.5
28 8
29.4
29.8
30.3
30.2
30.3
30.4
30.5
15.4
15.4
15.4
15.6
146.7
146.8
147.2
147.3
405.5
405.6
406.0
407.8
2.5
-.1
-2.1
-2.1
199.6
200.0
200.4
200.8
28.1
28.3
28.4
28.6
8.5
8,5
8.0
8.0
July 6
July 13
July 20......
July 27
Aug. 3__
625.5
626.9
625.3
618.9
618.2
137.4
138.6
137.1
134.0
132.9
23.7
23.6
23.6
23.6
23.5
23.4
23.8
23.8
23.8
23.8
29.8
29.8
29.6
29.8
29.8
30.5
30.6
30.7
31.0
31.1
16.3
16.4
16.5
16.6
16.'7
147.8
148.0
148.1
148.3
149.6
408.9
410.8
409.5
407.1
407.3
-.5
-1.6
-2.7
-7.3
-9.0
180.3
180.8
181,5
181.9
182,6
28.7
28.8
29.1
29.2
29.3
80
8.1
7.9
8.0
8.0
Aug.
Aug.
Aug.
Aug.
616.9
615.6
618.0
617.6
132.6
131.6
130.9
130.8
23.6
23.7
23.8
23.8
23.7
23.7
23.6
23.7
29.7
29.7
29.9
29.9
31.2
31.3
31.4
31.5
16.7
16.8
16.8
16.8
149.8
150.3
150.6
150.7
407.2
407.0
406.9
407.2
-10.7
-12.4
-10.4
-11.8
182.9
183.2
183.4
183.7
29.4
29.6
29.9
30.2
8.1
8.2
8.2
8.3
621 4
622.5
625.1
625.0
130.7
130.7
130.1
129.3
23.8
23.9
24.1
24.2
23.7
23.5
23.7
23.8
29.8
29.9
30.0
30.5
31.6
31.7
31.8
31.9
16.9
17.0
17.0
17.0
153.1
153.9
154.5
155.2
409.7
410.6
411.2
411.9
-10.6
-11.0
-9.8
-11.2
183.9
184.2
184.5
184.7
30.3
30.4
30.7
30.9
8,2
8.3
8.6
8.7
1937— July 7
July 14
July 21
July 28
10.....
17
24
31
Sept. 7
Sept. 14
Sept. 21
Sept. 28
1
3
3
3
5
INTERNATIONAL FINANCIAL STATISTICS
623
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
FOREIGN SECURITIES: RETURN OF U.S. FUNDS,BY COUNTRIES-Continued
(NET PURCHASES BY FOREIGNERS OF FOREIGN SECURITIES OWNED IN U.S.)
[Net movement from United States, ( —). In millions of dollars]
United
Kingdom
France
635. '5
637.0
640,1
638.4
643.6
129.0
127.9
127.9
126.3
128.2
24.7
24.8
24.8
24.9
25.2
Nov. 9
Nov. 16
Nov. 23
Nov. 30
627.1
629.2
596.2
598.4
130.4
129.4
130.4
130.1
Dec. 7
Dec. 14
Dec. 21
Dec. 28
1939— Jan. 4
604.6
605.3
608.7
610.0
641.8
Jan. 11
Jan. 18
Jan. 2 5 . _ _ _ - _
Feb. 1 ...
From Jan. 2, 1935,
through—
Total
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Far
East
All
other
\
24.2
24.5
24.6
24 . 9
24.9
30.4
30.9
31.4
31.8
32.2
32.0
32.0
32,0
31.9
32,0
17.1
17.1
17.1
17.1
17.1
159.1
159.3
159.6
160.0
160.5
416.5
416.4
417.4
416.9
420.1
-7.5
-6.4
-4.6
-6.5
-5.2
186.7
187.1
187.2
187.8
188.3
31.0
31.2
31.3
31.4
31.5
8.7
88
8.8
88
8.9
25.4
25.4
25.5
25.7
25.7
26.1
26.4
26.6
35.0
35.4
36.3
36.5
32.0
32.1
32.3
32.4
17.1
17.1
17.2
17.2
162.8
163.2
163.5
164.1
428.4
428.7
431.6
432.5
-6.2
-4,8
-41.1
-40.6
163.8
163.9
164.1
164.6
31.8
32.0
32.3
32.6
9 3
9.3
9,3
9.3
130.2
. 129.4
129.1
129.1
127.7
25.8
25,8
25.9
26.2
26.1
26.7
26.8
27.1
27.3
27.3
36.7
36.9
37.0
37.1
36.1
32.5
32,6
32.9
33.1
33.5
20.2
20.4
20.4
20.5
22.0
164.6
165.1
165.5
165.9
167.8
436.7
437.0
437.7
439.1
440.6
-39.7
-40.3
-38.2
-38.9
-9.7
165.2
165.8
166.1
166.3
167.4
33.3
33.5
33.6
33.8
33 8
9.2
9.3
9.5
9.7
9.7
645.1
641.8
644.7
634.6
127.9
127.9
126.2
126.2
26.0
26.0
26.0
26.0
27 6
27.6
27.6
27.7
36.6
36.9
37.1
37.2
33.6
33.7
33.8
34.0
22.3
22.4
22.5
22.5
168.0
168.6
169.0
170.4
442 0
443.1
442.2
444.0
-8.1
-13.1
-9.8
-22.3
167.6
168.1
168.3
168.8
33.9
34.1
34.3
34.4
9.7
9.7
9.7
9.6
Feb. 8
Feb. 15
Feb. 22
Mar. 1
635.3
634.8
637.5
641.3
126.6
126.7
126.7
128.5
26.1
26.2
26,3
25,8
27.7
27.8
27.9
28.1
37.4
38.0
38.5
38.5
34.2
34.3
34.4
34.4
22.6
22.6
22.6
22.8
170.7
171.6
172.0
172.1
445.2
447.3
448.4
450.2'
-23.4
-26.3
-25.2
-24.7
169.0
169.2
169.3
171.0
34.8
35.0
35.3
35.0
9.6
9.6
9.7
9.9
Mar.
Mar.
Mar.
Mar.
644.5
643.6
644.3
646.7
128.7
128.7
127.7
127.6
26.0
25.8
26.1
26.3
28.4
28.4
28.5
28.7
38.2
37.7
37.7
38.4
34.6
34.7
34.8
34.9
22.9
23.0
23.1
23.1
172.3
172.5
173.7
174.9
451.0
450.8
451.6
453.8
-23.8
-25.2
-25.6
-25.8
171.8
172.1
172.4
172.6
35.4
35.9
36.0
36.2
10.0
10.0
6.9
9.9
Apr. 5
Apr. 12
Apr. 19
Apr. 26
May 3
652.6
652.9
655.3
657.5
621.8
127.8
127.9
128.6
128.7
129.1
26.4
26.5
27.0
27.5
27.6
28 8
28.9
29.0
29.3
29.4
38.9
39.3
39.6
40.1
40.4
35.0
35.0
35.1
35.2
35.2
23.1
23.1
23.1
23.2
23.6
175.8
176.4
177.4
178.2
178.7
455 8
457.1
459.9
462.0
464.0
-22.0
-23.5
-24.0
-24.3
-63.3
172.7
173.1
173.2
173.5
174.5
36.1
36.2
35.8
35.9
36.2
10.0
10.1
10.3
10.3
10.4
May
May
May
May
637.1
642.3
644.1
647.6
128.9
128.5
128.4
128.1
27.8
27.9
28.0
27.9
29.5
29.6
29.6
29.6
40.4
40.9
40.9
41.3
35.3
35.4
35.4
35.4
23.6
23.6
23.6
23.6
179.0
179.3
179.5
179.8
464.4
465.1
465.6
465.7
-48.9
-44.7
-43.5
-40.3
174.7
174.9
175.2
175.2
36.4
36.5
36.6
36.6
10.4
10.4
10.4
10.4
June 7
June 14
June 21
June 28
658.4
661.5
664.3
664 5
127.8
128.2
128.6
128.2
27.9
28.0
28.3
28.2
29.6
29.3
29.4
29.4
41.2
41.3
41.6
41.7
35.5
35.6
35.7
35.8
23.6
23.7
23.7
23.8
180.1
180.2
180.3
180.4
465 9
466.2
467.5
467 4
-30.3
-27.8
-26.4
-26.5
175.6
175.7
175.8
176.0
36.7
36.9
,37.0
37.1
10.6
10.4
10.4
10.4
July5
July 12
July 19
July 26
Aug. 2
678.5
677.1
677.0
678 0
080. 2
127.8
127.1
126.5
126.4
126.7
28.2
28.3
28.2
28.3
28.3
29.5
29.6
29,6
29 5
29 7
41.8
41.7
42.2
42.3
42 3
35.9
35.9
35.9
35 9
36 0
23.8
24.0
24.1
24.3
24 3
180.8
180.8
179.9
179.9
180 6
467.9
467.3
466.5
466 5
468 0
-13.4
-14.5
-14.1
-13.7
-13 5
176.3
176.6
176.9
177.2
177.5
37.2
37.6
37.7
38.1
38.2
10.4
10.2
9.9
10.0
10.0
Aug.
Aug.
Aug.
Aug.
9
16
23
30
652.8
654.5
656.9
657.8
126.4
126.6
127.2
127.4
28.4
28.3
28.3
28.3
29 7
29.8
29.8
29.7
42 3
42.5
43.0
43.2
36 1
36.2
36,3
36.4
24 3
24.3
24.3
24.4
180.7
181.2
181.5
181.8
4fi8 0
468.8
470.3
471.2
-41.6
-41.3
-41.2
-41.5
177.8
178.0
178.6
178.8
38.5
38.7
38.8
38.8
10.1
10.3
10.4
10.5
Sept. 6
Sept. 13
Sept. 20
Sept. 27
661.7
668.9
674.4
676.9
125.6
125.1
124.9
124.9
33.2
33.4
33.7
33.8
29 7
29.9
29.8
29.7
42 6
43.0
43.3
43.4
36 3
36.4
36.4
36.4
24 6
24.6
24.8
24.8
182.1
181.8
182.5
183.1
474 0
474.1
475.2
476.0
-40.7
-34.6
-30.8
-29.5
179.0
179.7
180.0
180.4
38.8
39.0
39.3
39.3
10.6
10.7
10.7
10.7
Oct. 4
Oct. 11.
Oct. 18
Oct. 25 . „
Nov. 1
684.6
685.2
686.7
687,3
688.7
124.8
124.6
124.9
124.8
124.7
40.7
40.6
41.0
41.1
41.2
29 5
29.5
29.4
29.4
29.5
43.3
43.2
43.2
43.3
42.8
36 4
36.4
36.4
36.4
36.4
24 8
24.9
24.9
24.9
25.4
183.9
184.2
184.4
185.0
185.3
483 3
483.4
484.1
485.0
485.3
-29.5
-29.5
-29.2
-29.7
-29.0
180.6
180.9
181.1
181.1
181.3
39.4
39.6
39.6
39.8
39.8
10.8
10.8
11.0
11,1
11.2
Nov. 8
Nov. 15
Nov. 22
Nov. 29
690.4
693.2
694.3
695.4
124.7
124.6
124.6
124.3
41.3
41.4
41.6
41.7
29.4
29.3
29.3
29.2
42.8
42.9
43.0
43.3
36.4
36.4
36.5
36.5
25.8
26.1
26.1
26.1
185.5
186.0
186.2
186.5
48G.O
486.8
487.3
487.6
-28.5
-27.3
-27.2
-26.7
181.6
181.9
182.2
182.3
40.1
40.4
40.6
40.8
11.2
11.4
11.4
11.4
699.0
700.7
711.8
720.1
725.7
124.6
125.2
125.3
125.6
125.5
41.8
41.8
41.9
42.1
42.1
29.2
29.3
29.4
29.4
29.4
43.8
44.1
44.5
44.8
45.0
36.5
36.5
36.6
36.6
36.6
27.1
27.3
27.4
27.6
27.6
187.0
187.8
188.3
188.6
189.0
490.0
492.0
493.4
494.6
495 2
-25.9
-26.7
-18.5
-11.5
-7.6
182.6
182.8
183.0
183.0
184.0
41.1
41.3
42.6
42.8
'42.8
11.2
11.3
11.3
11.3
U.3
1938— Oct. 5
Oct. 12
Oct. 19.. .„
Oct. 26
Nov. 2
8 „.
15
22
29....,
10_...
17
24
31
Dec. 6
Dec. 13
Dec. 20
Dec. 27.....
1940— Jan. 3
,
'
j
I
»
igure covers all Asiatic countries. Previous figures include only British India, British Malaya, China, Japan, Netherlands East Indies,
i Fii
and PhiHippine Islands, the remaining Asiatic countries being included under "all other."
BANKING AND MONETARY STATISTICS
624
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Contmued
FOREIGN SECURITIES: RETURN OF U.S. FUNDS, BY COUNTRIES-Continiwd
(NET PURCHASES BY FOREIGNERS OF FOREIGN SECURITIES OWNED IN U.S.)
£Net movement from United States, ( —). In millions of dollars]
From Jan. 2, 1935,
through-
Total
United
Kingdom
France
Netherlauds
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Asia
All
other
1940— Jan. 10_,,_.
Jan 17
Jan. 2 4 _ _ _ _ - Jan 31
731.7
733.7
736.1
738.0
125.5
125.8
126.3
126.2
42.2
42.4
42.4
42.5
29.4
29.5
29.5
29.6
45.3
45.2
45.5
46.0
36.6
36.5
36.5
36.5
27.7
27.8
27.8
27.8
189.4
189.8
190.2
190.6
496.1
497.0
498.2
499.1
-2.7
-1.8
-.9
-.2
184,1
184.2
184.3
184.5
42.9
43.0
43.2
43.2
11.3
11.3
11,3
11.3
Feb 7
Feb. 14
Feb. 2 ! . _ _ . „
FeU. 28
741.0
743.3
745.5
748.7
126.6
127.0
128.0
129.0
42.5
42.5
42.6
42.6
29.8
30.1
30.2
30,2
46.4
46.8
47.2
47.7
36.4
36.4
36.4
36.4
27.9
27.9
27.9
27.9
190.9
191.1
191,4
191.7
500.5
501.9
503.7
505.5
.7
1.2
1.3
1.7
184.8
185.2
185.2
185.6
43.5
43.6
43.7
44.2
11.3
11.4
11.5
11.6
Mar. 6
Mar. 13.--...
Mar. 20.....
Mar.27_._Apr. 3
752,4
755.2
757.2
758.1
761.6
129.5'
130.0
130.5
130.7
130.9
42.6
42.7
42.7
42.7
42.6
30.7
30.9
31.2
' 31.4
31.3
47.9
48.3
48.7
48.8
49.0
36.4
36.3
36.3
36.3
36.3
27.9
27.9
27.8
27.7
27.6
192.1
192.6
192.7
192.7
192.9
507.1
508.6
509.9
510.3
510.8
2.8
3.8
3.9
4.0
6.4
186.3
186.4
186.6
186.8
187*. 5
44.5
44.6
45.0
45.2
45.3
11.7
11.7
11.7
11.7
11.8
Apr, 10._...
Apr. 17. „
Apr 24
M a y l . ...
762.4
764.7
767.2
771.1
130.9
131.0
131.6
132,0
42.7
42.7
42.7
42.8
31.3
31.2
31.2
31.1
49.2
49.4
49.8
50.0
36.3
36.3
36.2
36.2
27.6
27.5
27.5
27.7
193.1 ' 511.0
511.6
193.5
513.1
194.0
513.8
194.0
6.6
7.9
8.4
10.2
187.7
187.9
188.2
189.4
45.4
45.4
45.6
45.6
11.8
11.9
12.1
12.1
May 8
May IS......
May 22.....
May 2 9 . _ _ . _
773.1
774.7
774.9
775.5
132.2
132.3
132.4
132.4
42.8
42.8
42.9
42.8
31.1
31.0
31.0
31.0
50.0
49.5
49.0
49.0
36.2
36.2
36.2
36.2
27.6
27.7
27.7
27.8
194.4
194.5
194.5
194.5
514.2
514.0
513.6
513.7
11.3
12.4
12.5
12.5
189.6
190.0
190.3
190.6
45.7
45.9
46.1
46.2
12.3
12.4
12.4
12.4
June 5
June 12...,.
Junelfl.....
June26__ —
July 3
778.9
780.3
782.0
782.4
785.6
132.3
132.3
131.9
131.8
131.7
42.9
42.9
42.9
42.9
42.9
31.0
31.0.
31.0
31.0
31.0
48.9
48.9
49.0
48.8
48.8
36.2
36.2
36.2
36.2
36.2
27.8
27.9
27.9
28.0
28.0
194.6
194.7
194.7
194.8
194.8
513.7
513.8
513.6
513.4
513.4
15.2
15.7
16.0
16.0
17.5
191.2
191.8
192.3
192.7
194.3
46.3
46.4
47.5
47.7
47.7
12.5
12.5
12.6
12.6
12.6
July 10.. — ..
July 37- ._
July 24
July 31
786.4
788.1
788.4
788.7
131.7
131.5
131.4
131.3
42.9
42.9
42.9
42.9
31.0
31.0
31.0
31 0
48.7
48.6
48.6
48.6
36.2
36.2
36.2
36.2
28.0
28.0
28.0
28.0
194.7
194.8
194.8
194.9
513.2
513.0
512.9
513.1
18.0
19.2
19.1
18.9
194.6
195,2
195.4
195.6
47.9
48.1
48.3
48.5
12.6
12.6
12.7
12.7
Aug. 7
Aug. U._.._
Aug. 21_._._
Aug. 28,.., ,._
Sept. 4
789.5
790.2
790.4
790.5
790.4
131.3
131.2
131.0
130.9
130.8
42.9
42.9
42.9
42.9
43.0
31.0
31.0
31.0
31.0
31.0
48.8
48.6
48.4
48.3
47.8
36.1
36.0
36.0
36.0
36.0
28.1
28.1
28.1
28.1
28.1
195.0
195.0
195.1
195.3
195.4
513.0
512.9
512.6
512.4
512.2
19.2
19.3
19.5
19.6
19.5
196.0
196.4
196.4
196.4
196.7
48.8
48.9
49.1
49.2
49.1
12.7
12.8
12.9
12,9
12.9
Sept. 11 —
Sept. 18— „
Sept. 25,....
Oct. 2 . ...
790.8
791.2
791.6
793,1
130.7
130.6
130.6
130.4
42.9
42.9
43.0
43.0
31.0
31.0
31.0
31.0
47.7
47.6
47 5
47.4
36.1
36.1
36.1
36.1
28.1
28.1
28.1
28.1
195.5
195.6
195.7
195.9
512.1
512.0
512.0
511.8
19.6
19.6
19.7
20.7
197.0
197.0
197.1
197.6
49.3
49.6
49.9
50.1
12.8
12.9
12.9
12.9
Oct.
Oct.
Oct.
Oct.
793.5
793 9
793.9
794,4
130.3
130.2
130.0
130.0
42.9
42 9
42.9
42.9
31.0
31 0
31.0
31 0
47.2
47.0
46.7
46.3
36.4
36.4
36.5
36.5
28.1
28.1
28.1
28.1
195.9
196.0
196.0
196.0
511.8
511.7
511.2
510.9
20.7
20.9
21.0
21.3
197.9
198.1
198.2
198.6
50.3
50.4
50.5
50.5
12.9
12.9
12.9
13.1
6.
13—.,20.....
27__...
795.4
795.9
797.9
798.2
129.9
129.9
129.8
129.7
42.9
42.9
42.9
42.9
31.0
31.0
31.0
31.0
46.2
46.1
46.1
46.0
36.5
36.5
36.5
36 5
28.1
28.1
28.1
28.1
196.1
196.1
196.1
196.1
510.8
510.7
510.6
510.4
21.6
21.5
23.3
23,5
199.3
199.6
199.6
199.8
50.6
50,9
51.1
51.2
13.2
13.3
13.3
13.3
Dee. 4
Dee. 11
Dec. 18.....
Dec. 25...:.
1941—Jan. 1
800.2
801.3
802.9
802.8
803 8
129.4
129.2
129.0
128.6
128 6
43.4
43.4
43.4
43.4
43 4
31.0
31.0
31.0
31.031.0
46.1
46.1
46.0
46.0
46.0
36.5
36.5
36.5
36.5
36,5
28.1
28.1
28.1
28.1
28.1
196.1
196.2
196.3
196.3
196.4
510.5
510.4
510.3
510.0
510.0
24.4
25.0
25.4
25.3
25.0
200.5
200.7
200.9
201.2
202.3
51.5
51.9
52.8 !
52.9
53.0
13.3
13.3
13.6
13.5
13.5
8—
15.. — .
22—..
29......
804 6
806.4
S07.6
808.1
128.7
- 128.7
128.8
128.7
43.5
43.5
43.5
43.5
31.0
31.0
31.0
31.0
46.0
46.2
46.3
46.1
36.5
36.5
36.5
36.5
28.1
28.1
28.1
28.1
196.8
196.9
197.0
197.2
510.6
510.9
511.2
511.2
24.7
25.5
25.9
25.8
202.6
203.1
203.3
203.5
53.3
53.5
53.8
54.2
13.4
13.4
13.5
13.5
Feb. 5
Feb. 12.....
Feb. 19....Feb. 26.....
809 0
810.5
811.5
812.7
128 7
128,7
128,9
129.0
43.6
43.6
43.6
43.6
31.0
31.0
31.0
31.0
46.0
46.1
45.9
45.8
36.5
36.5
36.5
36.5
28.1
28.1
28.1
28.1
197.6
197.9
'197.9
198.1
511.5
511.9
512.0
'.512.1
25.6
26.2
26.4
26.4
203.9
204.0
204.2
204.5
54.5
54.7
55.0
55.9
13.5
13.6
13.8
13.8
Mar. 5._.._.
Mar. 12...._
Mar. 19.....
Mar. 2 6 _ _ _ _ Apr. 2
„
814.0
814.1
814,8
815.8
812,7
129.0
128.9
128.7
128.5
128.3
43.7
43.7
43.7
43.7
43.7
31.0
31.0
31.0
31.0
31.0
45.7
45.6
45.6
45.4
45.2
36.5
36.5
36,5
36.5
36.5
28.1
28.1
28.1
28.1
28.1
198.3
198.3
198.4
198.7
198.9
512.3
512.1
fill. 9
511.9
511.8
26.4
26.2
26.3
26.5
26.5
205.3
205 .J)
205.7
206.1
203.0
56.1
56.5
57.1
57.4
57.6
13.8
13.8
13.8
13,9
IS. 9
Nov.
Nov.
Nov.
Nov.
Jan.
Jan.
Jan.
Jan.
9
16
23
30
1
f
625
INTERNATIONAL FINANCIAL STATISTICS
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
FOREIGN SECURITIES: RETURN OF U. S. FUNDS, BY COUNTRIES-Continued
(NET PURCHASES BY FOREIGNERS OF FOREIGN SECURITIES OWNED IN U.S.)
[Net movement from United States, (—}. In millions of dollars]
From Jan. 2, 1935,
through—
Total
United
Kingdom
France
Netherlands
Italy
Germany
Switzerland
Other
Europe
Total
Europe
Canada
Latin
America
Asia
All
other
815 6
816.2
816.7
815 7
128 1
128 1
127.9
127 8
43 8
43 8
43.8
43 8
31 0
31 0
31.0
31 0
45 2
45 2
45.2
45 2
36 5
36 5
36.5
36 5
28
28.
28.
28
198 9
199.0
199.1
199 1
511 6
511.7
511.5
511 5
27 3
27.3
27.5
25 9
205 0
205.3
205.6
206 0
57 8
57 9
58.0
58 2
13 9
14 0
14.2
14 2
7
14
21
28
832 9
833.5
834.5
835.4
127 7
127.8
127.9
127.7
43 8
43.8
43.8
43.8
31 0
31.0
31.0
31.0
45 1
44.9
44,8
44.8
36 5
36.5
36.5
36.5
28
28.
28.
28.
199 2
199.2
199.4
199.5
511.4
511.4
511.5
511.4
42 4
42.2
42.4
42.7
206 5
207,1
207.5
208.1
58 4
58.6
58.8
59.0
14 3
14.3
14.3
14.2
June 4
June 11
June 18
June 25
July 2
836 3
832.6
831.6
833.1
834.1
127 5
127 3
127.2
127 2
127 2
44 1
44.2
44.2
45 1
49.1
31 0
31 0
31.0
31 0'
31.0
44 7
44 7
44.7
44 7
44 7
36 5
36 5
36.5
36 5
36 5
28
28
28.
28
28.
199 3
199.4
199,5
199 6
199.6
511 2
511.1
511.2
512.1
516.2
•42 7
38.6
36.9
37 0
37.0
208 9
209.1
209.5
209 7
210.5
59 2
59 5
59.7
59 9
60 1
14 3
14 3
14.3
14 4
10 4
July 9
July 16
July 23
July 30
835 5
837.8
838.3
838.9
127 5
127 5
127.5
127 7
50 3
50 5
50.6
50 8
31 0
31 0
31.2
31 2
44
44
44
44
36
36
36
36
5
5
5
5
28
28
28.
28 1
199 6
199 7
199.7
199 8
517 6
517.8
518.1
518 5
36 3
37 2
37.2
36 8
210 7
211 6
211.8
212 3
60 4
60 5
60.7
60 8
10
10
10
10
Aug. 6 - ..
Aug. 13
Aug. 20
Aug. 27
Sept. 3
839.7
841.0 ;
842.0 1
841.4
841.7
127 7
127.8
127.7
127 7
50 8
51.1
51.2
51.2
51 2
31 2
31.2
31.2
31.2
31 2
44 6
44.6
44.5
44.5
44 5
36 5
36.5
36.5
36.5
36 5
28 1
28.1
28.1
28.1
28 1
199.9
200.0
200.0
200.0
200 0
518.7
519.0
519.2
519.2
519.2
37 1
37.4
37.9
37.1
37 0
212 9
213.3
213.5
213.7
214 0
60 4
60.5
60.6
60.6
60 6
10 5
10 8
10.8
10.8
10 9
Sept. 10___._
Sept. 17
Sept. 24
Oct. 1.
842.0
841.8
839.8
841.1
127.7
127.7
127.8
127 3
51.2
51.2
51.2
51 2
31.2
31.2
31.2
31 2
44.4
44.5
44.4
44 4
36.5
36.5
36.5
36.5
28.1
28.1
28.1
28 1
200.0
200.1
200.1
200.3
519.2
519.2
519.4
519.0
37.0
36.6
34.4
32 8
214.2
214.4
214,5
214.6
60.6
60.6
60.6
60 7
10.9
10.9
10.9
14 1
Oct.
Oct.
Oct.
Oct.
8
15
22
29
841.7
843.3
843.2
845.2
127.3
127.7
127.7
127.7
51.2
51.3
51.3
51.3
31 2
31.2
31.2
31.2
44 4
44.3
44.4
44.3
36.5
36.5
36.5
36.5
28 1
28.1
28.1
28.1
200.5
200.7
200.8
200.9
519.2
519.8
519.9
519.9
31.7
32.2
31.6
33.0
214.9
215.0
215.2
215.3
60.7
60.7
60.8
60.9
IS 2
15.6
15.8
16.0
Nov.
Nov.
Nov.
Nov.
Dec.
5
12.____
19
26
3
846.9
847.6
846.7
847.7
851 0
127.7
127.5
127.5
127.7
127 7
51.3
51.3
51.3
51.3
51 4
31.2
31.2
31.3
31.4
31 5
44.3
44.3
44.3
44.4
44 4
36.5
36.5
36.5
36.5
36 5
28.1
28.1
28.1
28.1
28 1
201.1
201.2
201.3
201.3
201 4
520.0
520.1
520.3
520.7
521 0
33.2
32.9
31.1
31.2
33 9
216.5
217.3
217.8
218.1
218 6
61.0
61.0
61.1
61.2
61 1
16.2
16.3
16.4
16.5
16 4
Dec.
Dec.
Dee.
Dec.
10
17
24
31
852.7
853.6
854.5
855.5
127 7
127.5
127 6
127.6
51 5
51.5
51 6
51.6
31 5
31.5
31 5
31.5
44 3
44.3
44 3
44.3
36 5
36.5
36 5
36.5
28 1
28.1
28 1
28.1
201 5
201.6
201 7
201.8
521.2
521.1
521.2
521.3
34 9
35 2
35 7
35.4
218 9
219 5
219 8
221.1
61 2
61 2
61 2
61.2
16 5
16 6
16 6
16.6
1941— Apr. 9
Apr. 16
Apr. 23
Apr. 30
May
May
May
May
127.7'
6
6
5
5
5
5
5
5
626
BANKING AND MONETARY STATISTICS
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
DOMESTIC SECURITIES: INFLOW OF FOREIGN FUNDS, BY COUNTRIES
(NET PURCHASES BY FOREIGNERS OF U. 1 SECURITIES)
[Net movement from United States, (—). In millions of dollars!
Prom Jan. 2, 1935,
through—
Total
United
King,' dom
Netherlands
France
. Switzerland
Germany
Italy
g
1935—Jan. 9
Jan. 16.....
Jan. 23
Jan. 30
1.6
6.6
11,3
14.0
2.3
4.4
5.5
6.7
-.1
.1
-.2
-.6
.7
1.7
2.9
3.6
-3
-.4
-.5
.5
-!5
Feb. 6
Feb. 13
Feb. 20....
Feb. 27
17.2
19.0
16.8
12.3
7.6
8.8
9.2
8.8
-.5
.3
.3
-.8
3.9
4.2
4.6
4.2
19
1.6
.6
.1
Mar. 6
Mar. 13....
Mar. 20—
Mar. 27....
Apr. 3
6.5
0)
-4.0
-6.6
-6.2
7.3
5.4
3.1
1.4
.7
-1.9
-3.1
-3.5
-3.7
-3.6
3.5
2.9
2.4
2.3
2.7
Apr. 10
Apr. 17...,
Apr. 24
May 1
-4.1
-3.3
-2.9
-6.8
.8
.9
0)
-1.4
-3.3
-3.3
-3.4
-4.6
May8
May 15....
May 22....
May 29
-7.4
-7.5
-1.0
2.0
-2.4
-2.7
(*)
1.2
June 5
June 12
June 19
June 26
JulyS.
9.3
12.5
13.2
12.8
15.8
July 10
July 17
July 24
July 31 ..
Aug.
Aug.
Aug.
Aug.
-.5
r
(i)
0)
Other
Europe
Total
Europe
Canada
(i)
2 4
5.2
7.4
10.1
—1 1
.9
3.3
3.5
1
.4
2
Latin
America
Far
East
All
other
(i\
j
e
]3
» t
S
39
3.8
2.7
1.1
6
.7
.9
.8
_ 4
-.6
-1.9
-1.9
I
.1
.1
(')
-6
-:6
-.8
-1.1
0
(i)
-.3
-.3
-.3
1.1
1.3
1.3
13 0
15.1
15.0
12.3
-.2
-.5
-.7
-.8
-1.3
-1.1
-1.2
-1.3
-1.4
-1,8
-.3
-.3
-.3
-,3
-.3
1.3
1.3
1.1
1.3
1.4
8.5
4.5
.7
-1.1
-2.2
0)
-2.5
-2.4
-3.4
-1.8
.7
.7
.7
.0
1.0
-2.6
-2.7
-2.9
-3.0
—3 2
0)
(*)
.'l
3.4
3.6
3.5
3.1
-.5
-.3
.1
.5
-1.9
-1.9
-1.9
-2.1
-.4
-.4
-.4
-.8
1.3
1.4
1.5
1.5
-.6
-3.7
-1.3
-1.5
-1.1
-1.7
1.1
1.2
1.2
1.0
-3.4
-3.1
-2.4
-2 6
.1
.1
.1
1
-4.0
-3.4
-3.0
-2.9
3.3
3.6
5.0
6.8
1.2
1.6
2.1
2.7
-2.3
-2.2
-2.3
-2.7
-.4
-.3
-.2
1.8
2.5
3.2
3.6
-2.8
-.9
4.7
8.5
-3.2
-4.9
-3.8
-3.6
1.1
1.1
1.0
.7
-2.7
-3.1
-3.0
-3.6
1.3
1.8
1.9
2.3
5.3
-3.4
-3.4
-3.4
-3.1
-3.6
7.6
8.2
7.9
8.0
8.6
2 4
3.5
4.3
4.5
5.6
-2 8
-2,9
-3.3
-3.4
-3.8
-.2
-.2
-.2
-.4
-.3
4 0
4.2
3.9
4.1
4.2 1
8.9
11.2
11.1
12.2
16.0
-3 3
-4.0
-4.8
-6.6
-6.8
.5
.5
.6
.6
2 4
4.1
5.7
5.7
5.2
2
.2
.1
0)
6
.6
.8
.8
8
16.2
24.1
28.1
39.1
5.4
8.7
11.0
16.0
-3.1
-2.0
-2.0
-1.7
8.6
8.6
9.9
14.1
6.4
7.3
7.6
9.1
-4.1
-4.1
-4.1
-4.4
-.4
-.4'
--4
-.4
4.5
5.0
5.1
' 5.5
17.2
23.2
27.2
38.1
-7,3
-4.5
-4.1
-4.1
.6
.8
.8
1.0
4.9
3.9
3.4
32
.7
,8
,8
g
7
14
21
28
49.6
59.7
66.8
69.5
21.6
26.4
28.9
30,1
-1.1
-1.3
-J f 3
-1*8
15.5
16.5
17.9
19.2
10.5
11.8
13.9
15.2
-4.5
-4.6
-4.5
-4.5
-.4
-.4
-.4
-.4
5.9
6.5
6.9
6.9
47.6
55.0
61.4
64.6
-3.6
-1.4
-.7
-1.0
1.1
1.7
1.7
2.2
3.5
3.4
3.1
2.5
1 i
1.0
1.2
1.2
Sept. 4
Sept. 11
Sept. 18
Sept. 25
Oct. 2,
72.6
75.5
79.6
82.7
90.3
32.5
33.9
35.6
35.2
38.4
-2.2
-1.5
-.7
* .2
.3
19.1
19.3
22.5
23.2
24.6
15 8
16.4
16.7
19.9
21.4
-4 6
-4.6
-4.6
. -4.9
-5,4
— 4
-.5
-.5
-.4
-.5
6.9
6.8
6.7
6.7
6.8
$7.1
60.8
75.8
79.9
85.6
-1.6
-1.1
-2.6
-5,1
-4,7
2.2
1.8
2.0
1.6
1.8
37
3.7
3.4
5.5
6,7
13
1.2
1.1
.9
1.0
Oct. 9
Oct. 16
Oct. 23
Oct. 30 .
97.5
104.7
124 9
142.6
40.0
41.4
51.7
60.3
.5
2.4
50
6.7
25.8
27.0
29.2
30.9
23.2
25 1
27 2
29 3
-5.6
-5 6
—5 5
-54
— 4
— 4
-3
— .1
8.4
8.6
88
9.0
92.0
98.4
116.1
130.8
-5.2
-4.6
-2.8
-1.6
1,8
2.1
2.7
3.0
7.9
7.8
7.8
9.3
1.0
1.0
10
1.2
Nov. 6
Nov. 13
Nov. 20
Nov. 27
154 2
177.2
216,6
249.6
66.2
80.7
101.9
122.3
8.5
10.2
12.9
15.0
32.9
34.8
39.1
44.3
30 3
33.3
38.1
41.0
-5 3
-5.2
-5.2
-5.1
— 1
-.1
-.1
-.1
9 5
10.4
10.9
10.9
142.0
164.1
197.7
228.3
-2.9
-3.0
-1.0
-.5
3.1
S.I !
3.7
3,6
10 8
12.1
14.9
16.8
11
.9
1.3
1.5
Deo. 4
Deo. 11
Deo. 18
Dec. 25
1936— Jan. 1.
253 9
283 2
290.6
302.7
316.7
125.2
138.7
141.5
146.5
149.8
14.6
18.4
20.0
20.3
23,4
44.5
47.5
48.3
48.9
50.5
43.5
46 7
49.6
52.0
65.1
—5,1
—5 0
-5.0
-5.0
—5 4
— .1
— .1
— 1
-'.I
-.1
10.7
'11.5
11.8
12.4
12.9
233.3
257.6
266.1
275.0
286.2
.7
2.1
2,8
3.2
3.2
3.1
3.3
3.7
17.1
18.3
18.4
19.7
21.4
1.5
2.5
2.3
2.5
2.6
Jan. 8
Jan. 15,
Jan. 22
Jan. 29
336 2
336.7
342.0
847.1
156.6
153.8
154.5
164.7
26 7
28,7
30.5
31.2
55.1
56.3
57.8
59.6
57 2
59.5
62.6
64.0
—5 4
-5.4
-5.4
-5.7
— .1
-.1
-.1
-.1
12.9
12,5
12.4
12.2
303.0
305.3
312.4
315.8
5.1
3.2
1.1
2.7
3.6
4.2
4.3
4.5
21.7
20.9
20.9
20.9
2.8
3.1
8.3
3.3
Feb 5
Feb. 12
Feb. 19
Feb, 26
355 8
363.0
384.9
400,5
154 9
156.2
166.7
•177.6
33 3
34.3
35.1
31.2
62 3
64.1
68.7
71.9
65 6
69.0
72.1
74.2
57
-5.6
-5.5
-5.5
— 2
-.2
-.2
-.2
12 7
13.5
14.2
15.5
323 0
331.4
351.1
364.7
4 6
2.6
3.1
3.6
4 4
4.6
5.2
5.2
20 6
20.7
21.7
23.0
31
S.6
S.8
4.0
Mar. 4
Mar. 11
Mar. 18;....
Mar. 25
Apr. 1. _
402.3
406.1
410.0
424.5
427.6
176*1
175.8
171.9
174.2
175.0
29.2
30.2
32.5
35.8
36.6
72.4
72.6
72.6
74.2
75.9
75.6
78.2
82.0
84.5
85 9
-5.6
-5.5
-5.7
-5.8
-6.1
-.3
-.5
-.5
-.6
-.5
16.0
16.0
16.5
17.9
- 17.8
363.5
366.7
369.3
380.2
384.7
5.1
4.3
4.6
6.9
4.9
5,9
6.4
6.5
7.0
7.3
23.8
24.5
25.4
26.2
26 6
4,1
4.1
4,1
4.2
4.1
1
Net sales less than $50,000.
* Net purchases less than J50.000.
A
^
-1.2 ;
1.6
1
INTERNATIONAL FINANCIAL STATISTICS
627
NO 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
DOMESTIC SECURITIES: INFLOW OF FOREIGN FUNDS, BY COUNTRIES-Continued
(NET PURCHASES BY FOREIGNERS OF U. S. SECURITIES)
[Net movement from United States, (—). In millions of dollars]
Other
Europe
Total
Europe
18.2
18.3
18.7
18 9
401.2
410.9
423.3
433 6
5.5
5.7
4.5
7.6
3.1
7.9
8.2
8 2
27.3
27.5
27.9
27.9
4 1
4.2
4 2
4 2
— 4
-.4
-.4
-.7
-8
19.1
19.3
18.7
18.6
18.3
422 7
426.8
431.6
431.1
429 7
2.5
8.2
3.1
3.6
3.8
3.8
8.2
8.3
8.6
8.4
24.6
26.8
26.5
27.3
27.2
4 1
4.1
4.1
4.4
4 5
-6.2
-6.3
-6 3
-6.7
-.9
-1 0
— 9
-I.I
18.6
19.1
20.0
20 6
436.9
440.5
453.7
461.9
17.7
20.0
18.9
18.5
8.6
8.9
9.0
8.9
27.7
29.1
29.7
30.5
4.4
4.4
4 4
120 9
123.7
125 1
126.9
-6 7
-6 7
—6 5
-6.5
— 2
- 5
— 5
- 6
20 1
21.5
22 3
22.6
464 3
470.1
480 4
492.5
20.0
20.2
22.5
23.2
9.2
9.2
9.2
9.6
30.7
31.7
32.5
32.7
4 4
106.4
107.4
109.3
110.3
111 9
128.4
129.9
131.0
132.6
134.9
-6.9
-6.8
-6.8
-6.7
—6.7
— .7
- .6
- .7
- .7
-1.7
23.8
24.3
24.9
25.0
24.9
499.2
505.0
515.3
523.5
527.9
19.6
17.7
17.8
17.0
16.3
10.3
10.4
10.8
11.2
11.4
33.2
33.4
34.1
34.9
35.9
45 4
44.5
44.9
44.0
113 6
117.1
120.2
119.9
136 0
141.2
144.5
146.6
—6 7
-6.7
-6.7
-6.8
—1 8
-1.9
-1.9
-1.9
25 6
26.5
26.7
26.3
532.9
544.4
559.5
563.6
15.6
16.7
17.0
18.5
11.5
12.0
12.2
12.5
36.0
36.9
38.2
33.9
253 8
270.2
291 6
304.1
46 3
48.5
51 5
52.4
122
126
135
137
5
5
3
4
149 4
154.0
163 5
167.6
—6 5
-6.4
—6 1
-6.3
-2.0
-2 4
-2.6
27.2
29.4
29.6
31.8
590.7
620.3
662.9
684.5
20.6
30.9
32.8
35.4
13.0
12.8
13.0
13.1
36.2
37.0
38.3
39.6
5.4
5.5
5.5
810 4
858.1
867.7
878.8
890 2
321 5
346.1
356.5
360.7
365 1
53 4
56.1
56.0
57.2
59 4
140 4
151.1
152.0
151.7
152 9
171 5
182.8
188.7
190.2
191.1
—6 1
-6.2
-6.4
-6.4
-6 5
-2 4
-2.4
-2.4
-2.6
-2 9
33.4
35.0
36.1
37.5
37.8
711.8
762.5
780.7
788.2
796.8
37.9
33.8
24.3
26.2
28.3
13.1
14.0
14.1
14.8
14.4
41.8
42.1
42.7
43.7
44.3
5.8
5.9
6.1
6.4
9
16
23...__
30
-
881.0
895.6
911.7
917.4
357.2
358 9
362.8
367.7
59.7
61 0
63.4
64.7
153.3
155 0
156.9
157.6
192.0
194.1
197.9
200.2
-6.7
-6 6
-6.9
-7.5
-2.9
-3 0
-3.0
-3.3
38.2
38.2
38.4
38.5
790.8
797.6
809.4
818.0
28.2
34.0
37.0
32.6
14.7
14.8
15.2
15.5
40.5
42.2
43.2
44.1
6.8
6.9
6.9
1937— Jan. 6
Jan. 13
Jan. 20
Jan. 27
Feb. 3 . ...
918 5
927.9
948.9
957 9
968.3
368 8
367.1
373.6
376 5
378.4
65 8
67 9
68.8
69 2
71.7
157 9
161 0
164.5
165 6
168 4
200.9
204.3
209.9
212 5
214.8
-7 7
-7 9
-8.9
—9 3
-9.8
-3 4
-3.5
-3.5
-3 6
-3.6
38.7
39.5
40.9
41 1
41.1
821.0
828.4
845.4
852 0
860.9
30.0
31.1
32.7
33.5
34.1
15.8
15.9
16.3
16.3
16.4
44.4
44.8
46.8
48.1
48.8
7.3
7.6
7.8
8.0
8.1
Feb. 10 ... 1,000.4
1,004 3
Feb. 17
1,014 5
Feb. 24
1,025 7
Mar 3
393.6
397.8
404 6
408 7
73
72
74
74
176
179
182
185
6
0
2
9
218.8
217.8
216.4
219 4
-10.6
-11.2
-11 8
— 12 3
-3.7
-3.8
-4 0
-4 3
42.3
42.4
43.3
42 6
890.5
894.6
905.3
914.9
32.8
32.1
29.9
28.5
16.7
16.7
16.6
16.8
51.5
51.8
53.5
56.1
8.8
9.0
9.2
9.4
Mar.
Mar.
Mar.
Mar.
10. — .
17
24
31
1,054.4
1,064.7
1,062.1
1,075.7
427.2
431.3
432.3
438.7
76.1
75.2
72.4
72.9
191.0
195.5
195.2
197.5
221.0
221.9
221.7
222.7
-12.7
-13.1
-13.4
-13.6
-4.3
-4.5
-4.5
-4.6
42.0
42.2
42.0
42.4
940.3
948.5
945.7
956.0
29.1
29.0
28.9
30.2
16.8
16.3
16.2
16.9
58.9
62.1
62.4
63.6
9,3
8.7
8.9
9.0
Apr.
Apr.
Apr.
Apr.
7_._._.
14
21
28
1,083.5
1,084.0
1,075.4
1,063.7
437.9
443,1
433.3
424.7
72.1
72.0
72.5
70.5
204.3
203.3
202.6
198.6
223.9
222.5
225.0
224.9
-13.8
-13.9
-14.0
-14.2
-4.6
-4.7
-4.7
-4.6
42.5
42.5
41.8
42.9
962.3
964.7
956.4
942.8
31.9
30.5
31.2
33.2
16.7.
16.8
16.7
17.1
63,6
63.0
62.2
61. 3
8.9
9.0
9.0
9.2
. 1,040.8
1,050.2
1,044.8
1,053.6
1,058.3
407.7
414.0
410.9
414.2
418.3
69.3
69.1
68.0
68.0
67.5
194.2
194.5
194.2
195.3
195.8
227.6
230.5
232.0
234.9
235.9
-14.3
-14.4
-14.5
-14.4
-14.5
-4.6
-4.6
-4.8
-4.8
-4.9
42.5
42.9'
42.7
42.6
42.5
922.3
932.0
928.6
935.9
940.6
32.5
31.2
31.5
33.6
33.8
17,9
18.2
17.4
16.7
16.6
58.7
59.0
57.5
57.3
57.2
9.4
9.8
9.8
10.2
10,0
1,064.1
1,069.9
1,062.9
1,069.5
416.9
413.9
411.1
412.2
69.7
68.7
68.3
69.0
194.9
194.4
192.4
193.1
242.7
248.2
249.0
249.7
-14.7
-14.7
-14.9
-14.9
-4.9
-4.9
-5.0
-5.0
42.5
43.0
43,2
44.2
947.1
948.4
944.0
948.2
32.6
37.4
35.4
36.4
16.5
17,1
17.1
16.8
58.1
57.8
. 57.5
59.2
9.8
9.1
8.9
9.0
Switzerland
United
Kingdom
France
445.7
456.3
468.0
477.0
182.4
186.8
195.2
203 8
37.9
38.5
39.1
38 7
79 1
81.3
83 1
81 9
90.0
92.6
93.8
96 8
-6.1
-6.1
-6.2
—6 1
-4
-.4
— 4
May 6
May 13-...May20_ —
May 27..,.June 3
462.0
469.0
474.1
475.1
473.5
196 9
196.7
196.9
193.5
186 1
37 4
37.5
40.3
40.5
40 6
79 1
80.6
81.3
82.6
84 5
96 6
99.3
101.0
102.7
107 2
—6 1
-6.1
-6.1
-6.2
-6 2
June 10 .
June 17
June 24 .
July !..„___
495.2
502.9
515.8
524.1
186.0
182.5
186 0
190.5
40.6
40.2
41 0
42.2
88.2
91.0
95 0
96.1
110.6
115.1
118 9
120.3
July 8
July 15 ...
July 22
July 29
528.7
535.9
549 3
562,8
191 6
192.1
196 1
202.6
41
41
43
44
2
6
6
3
Aug. 5
.
Aug. 12 .
Aug. 19...Aug. 26
Sept. 2
566.8
571.1
582.6
591,3
596.3
205.4
207.3
213.5
219.2
219.0
43.7
44.6
45.1
44.9
45.6
Sept. 9
Sept. 16__—
Sept. 23
Sept. 30...-
600,6
614.5
631.6
633.3
220 9
223.7
231.9
235.5
Oct.
Oct.
Oct.
Oct.
665 8
706.4
752 5
778.1
Nov. 4
Nov. 11
Nov. 18.
Nov. 25
Dec. 2
Dec.
Dec.
Dec.
Dec.
From Jan. 2, 1935,
through —
Total
1936— Apr. 8
Apr. 15
Apr. 22
Apr 29
7
14
21
28
May5
May 12
May 19
May 26
June 2
June 9
June 16
June 23
June 30
...
t
3
5
3
3
5
6
6
9
Netherlands
98
99
101
104
Germany
Italy
A
Canada
Latin
America
Far
East
All
other
4.4
4.7
4 7
4.8
4.5
4.5
4.6
4.6
4.7
4.7
4.5
4.6
4.7
5.3
5.7
7.1
BANKING AND MONETARY STATISTICS
628
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
DOMESTIC SECURITIES: INFLOW OF FOREIGN FUNDS, BY COUNTRIES-Co»tin«_
(NET PURCHASES BY FOREIGNERS OF U.S.SECURITIES)
[Net movement from United States, (—). In millions of dollars]
Germany
Other
Europe
Total
Europe
Canada
Latin
America
-5.0
-5.0
-5.0
-4.8
44.2
44.6
44.9
45.7
944.2
952.6
958.9
974.4
36.4
34.8
32.2
31.6
17.2
17.8
18.2
18.5
58.8
59.2
58.1
58.3
9 1
9.0
9 0
8.8
261.9
264.8
268.4
270.1
268.4
-4.8
-15.5
—4.9
—15.6
-15.7
-4.8
-15.8 . -4.8
-4.9
-15.8
46.0
46.2
46.1
45.7
46.1
983.9
992.3
993.5
998.9
1,000.4
31.4
32,0
33.2
34.2
,33.8
18.7
18.6
18.5
18.8
19.1
56.6
55.7
54.1
53.2
52.6
8.8
8.8
8.8
8.8
8.8
207.6
211.3
208.6
208.6
271.9
274.4
271.6
272.2
-15.9
-16.0
-16.0
-16.1
-4.9
-4.9
-4.9
-4.9
46.4
47.0
46.9
47.9
1,003.3
1,018.0
1,007.4
1,009.8
34.6
34.3
40.2
39.7
19.0
19.1
19.2
17.6
52.0
49.5
49.5
49.2
8.8
9.4
9.1
8.9
69.7
69.2
68.3
67.8
68.6
208.1
204.2
202.3
204.9
205.7
272.7
270.5
268.2
265.1
266.9
-16.2
-16.3
-16.5
-16.6
-16.6
-4.8
-4.8
-4.8
-4.8
-4.8
48.2
47.7
48.3
48.9
49.7
1,008.0
994 . 7
989.5
998.5
1,008.7
39.2
40.2
41.9
41.6
38.0
17.1
16.0
16.7
16.8
17.1
49.4
49.2
49.1
50.2
50.6
9,0
9 0
9.1
9.1
9.4
436.2
438.3
436.0
437.2
67.3
67.9
66.6
67.2
205.8
206.9
205.7
206.6
267.8
267.5
267.9
268.6
-16.4
-16.4
-16.5
-16.7
-4.8
-4.8
-4.8
-4.9
49.4
49.8
49.8
53.9
1,005.3
1,009.0
1,004.8
1,011.8
37.2
38.1
38.0
37.1
17.1
17.1
17.4
17.7
50.8
51.5
52.0
52.4
9.3
9.4
9.4
9.4
1,134.5
1,143.2
1,151.3
1,162.0
441.1
441.0
444.8
448.7
67.8
69.2
70.1
70.3
208.6
209.7
212.0
213.8
269.4
272 6
273.5
275 3
-16.9
-17.3
-17.3
-17.4
-4.9
-4.9
-4.8
-4.9
55.0
55.0
55.5
55.7
1,020.1
1,025.4
1,033.7
1,041.6
34.4
36.7
36.2
37.6
17.6
17. B
17.9
18.2
53.0
53.7
53.8
54.7
9.5
9 6
9.7
98
1,163.9
1,164.9
1,168.0
1,167.9
1,170.2
447.1
444.4
446.6
449.1
450.4
70.7
70.9
71.0
69.0
68.9
214.6
216.5
216.6
216.9
215.4
277.1
277.7
278.6
279.6
279.6
-17.5
-17.6
-17.6
-17.7
-17.8
-4.8
-4.8
-4.8
-4.7
-4.8
55.9
56.3
56.2
55.5
56.7
1,043.1
1,043.3
1,046.6
1,047.6
1,048.6
37.5
38.2
37.5
36.5
37.0
19.0
18.9
18.7
18.8
19.4
54.4
54.5
55.2
55.0
55.1
9.9
9.9
10.1
10 0
10.0
9___...
16 ....
23
2 _____
1,165.2
1,160.6
1,159.8
1,150.1
447.1
444.5
443.3
443.9
69.1
69.1
69.8
70.2
213.6
212.5
212,5
201.3
278.7
278.4
277.8
278.8
-17.8
-17.9
-17.9
-18.0
-4.8
-4.8
-4.7
-4.8
57.4
56.9
56.9
57.2
1,043.3
1,038.7
1,037.6
1,028.6
37.8
37.5
37.5
36.8
10.5
19.5
19.5
19.5
54.5
54.7
55.0
55.0
10.1
10.1
10 1
10.1
Mar. 9
Mar. 16 _ _ „ .
Mar.23_____
Mar. 30_— _ _
1,150.7
1,147.9
1,148.7
1,150.4
442.8
442.3
441.5
441.9
70.3
68.1
68.3
67.7
202.0
202.7
203.2
202.4
278 7
278.4
279.1
279.7
-18.0
-18.0
-18.0
-18.2
-4.8
-4.9
-4.9
-4.9
57.4
57.6
57.9
58.1
1,028 4
1,026,2
1,027.2
1,026.7
37.4
36.7
35.6
36.8
19.8
20.0
20.2
20.7
54.9
54.7
55.4
55,6
10 2
10.1
10.3
10.5
Apr.
Apr.
Apr.
Apr.
6 ._
13..___
20 ._
27
1,150.3
1,152.3
1,159.2
1,160.8
441.4
442.5
444.9
445.7
67.0
66.8
67.2
67.1
202.2
203.6
205.0
205 5
280.2
280.1
278.6
277 8
-18.2
-18.4
-18.5
— 18 5
-4.9
-4.9
-4.9
-4 9
57.8
57.8
58.1
57 9
1,025.5
1,027.5
1,030.4
1,030 7
37.6
37.1
39.7
40 4
21.2
21.3
21.3
21.6
55,4
55.9
57.2
57.4
10 5
10.5
10.6
10 7
May 4
May 1 1 _ _ _ _ .
May 1 8 . _ _ _ _
May 2 5 _ . _ _ .
June 1
1,159.4
1,156.9
1,156.5
1,156.0
1,156 4
445.1
443.4
443.3
442.5
443 1
67.4
67.1
67.0
66.7
66 0
205.1
205.2
206.0
206.1
206 6
277.9
277.9
277.0
277.5
277 7
-18.6
-18.6
-18.6
-18.6
— 18 7
-4.9
-4.9
-4.9
-4.9
—4 9
58.0
57.9
58.0
58.2
58.4
1,030.1
1,027.9
1,027.9
1,027.4
1,028.1
40.3
40.0
39.5
40.1
40.6
21.9
21.6
21.2
21.1
21.2
56.4
56.7
57.4
56.8
55.8
10.7
10.7
10.6
10.7
10.7
Juno 8 . _ . . _ _ _
Juno 15
June22_____
June 29
1,155.7
1,152.8
1,154.9
1,155.3
441.8
442.3
442.2
440.2
65.2
65.7
67.4
67,1
207.0
207.3
208.0
208.6
279.2
279.0
279.5
283.1
-18.8
-18.9
-18.9
-19.0
-4.9
-4.9
-5.0
-5.0
58.5
55.6
55.5
54.2
1,028.1
1,026.2
1,028.7
1,029.2
39.7
38.8
38.7
40.1
21.2
21.3
21.3
21.1
56.2
56.0
55.8
54.7
10.5
10. S
10.4
10.2
July 6__.._._
July 1 3 _ _ _ _ _ .
July 20__..._
July 27._.___
Aug. 3 _ . _ _ _ .
1,161.3
1,160.8
1,157.6
1,149.7
1,143.0
441.2
439.8
441.1
437.7
436.6
68.2
66.0
67.1
69.1
67.5
212.0
213.8
214.6
209.6
207.6
282.7
283.7
281.2
280.0
279.8
-19.1
-19.1
-19.2
-19.2
-19.3
-5.0
-4.9
-5.0
-5.0
-5.0
54.8
53.8
53.3
52.8
52.2
1,034.9
1,033.0
1,033.1
1,024.9
1,019.4
40.5
41.9
39.0
38.0
37.8
22.1
21.9
21.9
21.8
21.7
53.9
54.2
53.7
55.2
54.3
10.0
9.9
9.9
9.8
9.8
,136.8
,131.8
,128.4
,125.3
433.0
433.3
430.7
430.2
67.8
67.5
67.8
67.8
205.3
202.7
202.7
202.8
279.5
278.6
278.4
278.5
-19.4
-19.5
-19.7
-19.9
-5.1
-5.2
-5.2
-5.2
52.1
51.5
51.7
51.8
1,013.2
1,009.0
1,006.3
1,006.2
38.3
37.6
36.6
33.5
21.5
21.6
21.8
21.7
54.1
53.8
54.0
54.2
9.7
9,7
9.7
9.8
Sept. ?..„_. ,123.6
Sept. 14
1,120.6
Sept. 21___ 1,129.3
Sept. 28..— 1,125.4
432.4
431.1
433.7
430.5
68.1
67.8
68.7
67.8
203.1
202.4
203.5
203.3
278.7
278.7
281.2
282.2
-20.0
-20.2
-20.3
-20.4
-5.2
-5.1
-5.3
-5.3
51.9
52.4
52.7
53.0
1,008.9
1,007.1
1,014.2
1,011.2
29.1
27.4
29.4
27.7
21.7
21.9
21.7
21.9
54.1
54.5
53.9
54.5
9.8
9.8
10.0
10.1
Netherlands
Switzerland
United
Kingdom
France
1,065.7
1,073.5
1,076.4
1,091.5
407.5
409.5
411.7
420.3
68.7
68.8
69.1
69.7
194.4
196.7
197.7
200.0
249.3
253.1
255.7
258.8
-15.0
-15.1
-15.3
-15.4
Aug. 4. _.....
Aug. 11.....
Aug. 18......
Aug. 25.... .
Sept. 1 ...
1,099.3
1.107.4
1,108.1
1,114.0
1,114.8
424.2
425.4
422.1
426.8
' 429.6
70.0
70.4
70.6
70.0
69.7
202.0
206.1
206.8
206.9
207.3
Sept. 8 _ _ _ _ _
Sept, 15... ._
Sept. 2 2 _ _ _ _ _
Scpt.29_..__
1,117.8
1,130.1
1,125.4
1,125.1
428.6
436.2
431.4
432.1
69.6
69.9
69.9
70.0
Oct. 6 .... 1,122.7
1,110.1
Oct. 13
Oct. 20 ._ 1,106.4
1,116.3
Oct. 27
1,123.8
Nov. 3
430.4
424.2
423.7
433.2
439.3
]<).___„
17.__...
24._...
1 _
1,119.6
1,125.0
1,121.5
1,128.4
Dec. 8 _ _ . .
Dro. ]f>
Dec. 22
Dec. 29 _
1938— Jan 5
Jan. 12..__...
Jan. 19 _.._
Jan. 26
Feb. 2 _ _ „
From Jan. 2, 1935,
through—
Total
1937_July 7
July H . . _ _ _ .
July 21
July 28 -
Italy
Far
East
All
other
!
Nov.
Nov.
Nov.
Dec.
Feb.
Feb.
Feb.
Mar.
Aug.
Aug.
Aug.
Aug.
10_.___
!?..___
24,.___
31.....
INTERNATIONAL FINANCIAL STATISTICS
629
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
DOMESTIC SECURITIES: INFLOW OF FOREIGN FUNDS, BY COUNTRIES-fentiiinrf
(NET PURCHASES BY FOREIGNERS OF U. S. SECURITIES)
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through —
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
Far
East
All
other
1,142 6
1,161.1
1,170.2
1,182 4
1,190.7
436.5
441.1
448.8
454.0
460.1
69 3
71.1
71.2
72.5
72.6
207.2
212.9
214.1
215.2
216.7
286 4
289.0
290.8
293.5
293.4
-20 5
-20.6
-21.6
-21 9
-22.1
-5 3
-5.3
-5.3
-5.3
-5.3
53.9
54.6
54.7
55.3
55.5
1,027.5
1,042.8
1,052.7
1,063.2
1,070.8
27.9
31.3
31.0
32.3
32.8
22 5
22.5
22.5
22 7
22 A
54 4
54.2
53.5
53 5
53.9
10 3
10 4
10.5
10 7
10 7
Nov. 9 .
Nov. 16
Nov. 23__.,__
Nov.30.___.
1,192,2
1,197.4
1,199.0
1,201.5
460.9
461.6
462.7
462.0
73.5
75.0
75.3
75.4
217.2
219.2
218.2
218.5
293.1
294.9
296.5
295.6
-22.3
-22.3
-22.4
-22.5
-5.3
-5.4
-5.4
-5.4
55.4
55.2
55.1
55.0
1,072.5
1,078.1
1,079.8
1,078.7
33.2
31.3
30.5
27.4
22.4
22.6
22.7
-22.6
53.4
54.8
55.2
62.1
10.7
10.6
10.7
10,8
Dec. 7 _ _
Dec, 14
Dec.21__._.
Dec. 28
1939— Jan. 4. .
1,207.6
1,199 8
1,210.5
1,219 2
1,219.7
465.8
465.5
467.7
472.6
472.6
76.0
76.7
76.6
76.5
76.9
219.3
211.4
213.3
212 9
212.1
296.6
295.8
298.5
301.7
304.1
-22.5
-22.6
-22.6
-22 7
-22.8
-5.4
-5.4
-5.4
-5 4
-5.5
55.5
55.5
56.1
56.6
56.6
1,085.2
1,076.8
1,084.2
1,092.3
1,094.1
26.8
26.5
27.8
27.8
25.7
23.0
23.1
23.3
23.4
23.7
61.8
62 6
64.3
64 7
65.2
10.8
10 Q
10.8
11 0
11.1
1,221.6
1,213 1
1,196.7
1,189 7
473.0
470.0
459.5
451.0
75.6
74 6
73.8
72 9
213.6
212 8
210.8
210 6
304.2
301.7
302.2
301 0
-22.8
-22 9
-22.9
-23 0
-5.5
-5 5
-5.5
-5 5
56.8
56.2
54.9
54 9
1,094.9
1,086.8
1,072.8
1,061 9
25.8
24.5
22.7
23 .5
24.0
23.8
23.5
23,4
65.8
66.7
66.6
69.6
11.1
11 3
11.1
11 2
1,195 3
Feb. 8
Feb. 15, ._ 1,197.3
Feb, 22
1,198 9
Mar. 1..
1,200.9
455.5
456.3
456 1
458.4
74 0
72.6
72 6
72.3
210 9
211.8
212 6
214.0
300 8
300.8
301 5
301.5
-23 0
-23.0
-23 1
-23.1
-5 5
-5.5
-5 5
-5.4
55.3
56.0
56 0
55.6
1,068.0
1,069.0
1,070.2
1,073.1
22.3
23.5
23.8
23.1
23.5
23.3
23.4
23.3
70.2
70.1
70.2
70.1
11 3
11.3
11 4
11,3
Mar.
Mar.
Mar.
Mar.
1938— Oct 5
Oct. 12
Oct. 19
Oct 26
Nov. 2 .
Jan. 11..
Jan. 18
Jan. 25..
Feb. 1
8
15
22
29
1,198 3
1,197.8
1J82.8
1,188.9
456 2
457.8
448.6
448.3
72 8
73.1
72.6
72.3
215 6
215.2
214.2
217.7
300 6
298.9
298.0
301.7
—23 3
-23.3
-23.3
-23.4
—5 4
-5.5
-5.4
-5.5
55 7
55.8
54.8
56.5
1,072 2
1,071.9
1,059.5
1,067.6
22 6
22.4
20.2
18.8
23 4
23.7
24.1
24.6
68 8
68.4
67.5
66.2
11 3
11.4
11.5
11.7
Apr, 5
Apr. 12
Apr. 19,
Apr. 26
May3
1,200 0
1,202 1
1 , 202 . 6
1,203.9
1,212 9
451 3
449.1
448.3
452.6
454 6
72 4
72 5
73.7
73.9
73 9
221 0
221 6
222.6
224 1
225 4
304 8
306 4
308.7
310 0
311 8
—23 8
—24 0
-24.1
—24 2
—24 2
—5 4
—5 5
-5.5
—S 5
—5 5
57 8
58 1
56.8
56 7
56 7
1 078 0
1,078.2
1,080.4
1,087.6
1 092 7
17 9
19.0
17.2
16.7
19 4
25 0
25,0
25.3
25.6
25 8
67 3
67.6
67.2
61.5
61 9
11 9
12 2
12,5
12 5
13 0
May
May
May
May
10.
17... _ _
24.... _
31.....
1,211 2
1,212.8
1,210.4
1,210.2
452.1
450.7
449.2
448.9
74.4
74.4
74.3
75.6
226 8
227.7
228.4
228.9
312 1
313.5
314.1
313.9
—24 2
-24.3
-24.4
-24.6
—5 5
-5.5
-5.5
-5.6
57 0
57.3
57.2
57.2
1,092.6
1,093.7
1,093.3
1,094.4
16.9
16.4
15.9
16.6
25.8
26.1
25.7
25,8
62,6
63.2
62.0
60.0
13 4
13.5
13.5
13.5
June 7
June 14
June 21
June 28 _ ..
1,211 6
1,209.3
1,206 6
1,201.4
449 0
444.8
443.2
442.0
76 0
75.8
75.4
74.4
230 1
231.0
231 3
231.0
314 4
315.2
315 1
315.0
—24 8
-24.8
—25 0
-25.2
—5 5
-5.5
—5 6
-5.5
57 6
57.3
57 1
56.9
1,096 8
1,093.7
1,091.5
1,088.4
15 9
16.3
16 2
13.9
25.7
25.7
25.7
25.7
59 6
59.9
59 6
59.7
13 6
13.7
13 7 '
13 7
JulyS
July 12=
July 19
July 26.
Aug. 2
1,205 8
1,200.9
1,192 6
1,191 8
1,194 1
442 1
441.7
437 3
434.2
434 7
74 2
74.3
73 3
72 6
73 5
231 2
231.1
230 2
229 0
229 5
315 1
312.6
311 2
312 0
311 3
—25
-25
—26
—26
—26
—5 5
-5 5
—5 5
—5 5
—5 6
57 1
56.6
56 4
56 0
56 0
,088 6
,085.0
,076 7
072 0
,072 9
16 3
15.1
15 3
16 5
18 9
25 4
25.7
25 5
25 3
25 2
61 9
61.6
61 5
64 5
63 8
13
13
13
13
13
Aug. 9
Aug. 16.....
Aug.23...__
Aug. 3 0 . _ _ _ _
1,188 3
1,176.7
1,177.0
1,177.5
431 5
431.7
432.5
433.5
72 4
71.7
72.3
72.2
231 1
220.7
220.0
220.6
* 311 0
311.0
312.2
313.4
—26 6 •
-26.8
-26.9
-27.1
—5 6
-5.6
-5.6
-5.7
55 6
55.4
55. 4
56.7
069 4
,058.2
,059.8
,063.6
18 1
17.4
16.9
13.0
24 6
24.6
24.6
24.7
63 0
63-2
62.3
62.4
13 2
13.3
13.3
13.7
Sept. 6
Sept. 13
Sept. 20
Sept.27__.._
1,183 2
1,193.1
1,186.2
1,177.3
433 1
426.0
417.1
408.4
73 0
73.4
73.7
73.7
222 0
228.4
227.6
228.2
314 5
318.5
320.3
320.9
—27 2
-27.3
-27.4
-27.4
—5 6
-5.6
-5.6
-5.5
57 4
58.4
58.2
58.3
,067 1
,071.8
1,063.8
1,056.7
12 0
11.9
10.9
8.9
25 6
27.3
27.1
26.1
64 6
68.1
70.3
71.4
13 9
14.1
14.1
14.1
Oct. 4.. .
Oct. 11
Oct. 18___...
Oct. 2 5 _ . _ _ _ _
Nov. 1 _ _ ^ _ _ _
1,164 8
1,161.8
1,160.1
1,148.4
1,143.5
396.9
389.3
382.6
369.8
360.4
73.4
72.9
72.6
72.9
73.2
227 1
228.1
226.9
227.0
226.6
321 4
322.4
329.1
329.1
330.7
—27 5
-27.6
-27.6
-27.6
-27.7
—5 4
-5.5
-5.4
-5.4
-5.4
58.5
59.0
58.5
59.4
59.7
1,044 4
1,038.5
1,036.8
1,025.1
1,017.6
7.8
7.2
6.1
5.3
4.9
26.2
26.2
26.5
27.0
27.2
72 4
75.8
76.7
77.1
80.0
14 0
14.0
14.0
13.9
13.9
Nov.8._____
Nov. 15
Nov. 2 2 _ _ _ _ _
Nov. 29
1,137.3
1,131.1
1,130.6
1,131.5
353.6
348.0
342.0
338.2
74.5
74.5
74.5
74.9
227.2
225.7
226.3
226.2
330.8
332.9
335.3
336.3
-27.7
-27.7
-27.9
-28.0
-5.4
-5.4
-5.0
-4.9
59.6
59.1
59.0
59.1
1,012.5
1,007.1
1,004.2
1,001.8
2.4
2.0
2.1
.7
27.3
27.5
28.2
28.6
81.2
80.6
82.3
86.6
13.8
13.8
13.8
13.8
Dec. 6 _ _ . . _ _
Dec. 13.....
Dec. 20
Dec. 27. ._
1940— Jan. 3..
1,127.3
1,127.6
1,127.9
1,129.6
1,133 7
335.3
332.7
329.6
328.2
328.1
75.1
76.0
76.4
76.3
76.6
225.8
226.2
226.0
227.1
227 7
337.8
340.2
341.9
342.8
344 7
-28.1
-28.1
-28. 2
-28.2
—28 2
-4.9
-4.9
-4.9
-4.9
—4 9
59.0
59.1
59.6
60.1
60.4
999.9
1,001.2
1,000.4
1,001.4
1,004 4
-.5
-2.6
-3.2
-3.1
—2 6
28.9
29.3
29.6
' 29.8
30 1
84.9
85.5
86.9
87.2
*87 6
14.0
14.2
14.2
14.3
14 3
.
5
9
1
3
5
5
6
6
4
3
1
Figure covers all Asiatic countries. Previous figures include only British India, British Malaya, China, Ji
"apan, Netherlands East Indies,
and Philippine Islands, the remaining Asiatic countries being included under "all other."
BANKING AND MONETARY STATISTICS
630
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
DOMESTIC SECURITIES: INFLOW OF FOREIGN FUNDS, BY COUNTRIES-Contlnned
(NET PURCHASES BY FOREIGNERS OF U. S. SECURITIES)
[Net movement from United States, (—). In millions of dollars]
"United
Kingdom
Netherlands
Switzerland
From Jan. 2, 1935,
through—
Total
1940— Jan. 10
Jan. 17. . .
Jan. 24.—.
Jan. 31
1,133.4
1,127.5
1,123.7
1,122.9
326.1
321.8
318.1
315.7
76.8
77.2
77.2
77.1
228.1
228.9
229.1
229.4
346.4
347.3
348.6
349.2
France
Germany
Italy
Other
Europe
Total
Europe
-28 3
28 3
-28.3
-28.2
-4.9
-4.8
-4.7
-4.7
61.0
61.8
62.2
62.4
1,005.2
1,003.9
1,002.1
1,000.8
-4.5
-5.7
-5.9
-5.9
30 2
30 4
30.4
30 6
SB 3
84 6
82.5
82 9
14
14
14
14
Canada
Latin
America
Asia
All
other
3
3
5
5
Feb.
Feb.
Feb
Feb.
7 ....
14
21
28
1,122.1
1,122.6
1,123.8
1,125.0
312.1
308.7
306.0
306.4
77.3
77.4
77.4
76.8
229.9
230.2
230.5
230.4
350.9
353.8
356.8
359.7
-28.4
-28.4
-28 4
-28.4
-4.6
-4.7
-4.7
-4.7
62.7
63.0
63.3
63.4
999.9
1,000.1
1,001.1
1,003.7
-6.4
»6.5
-6.7
-7.5
30 8
31.3
31 3
31.5
83 2
83.2
83 6
82 9
14 5
14.5
14 5
14 4
Mar.
Mar.
Mar.
Mar.
Apr.
6 „ „.
13..-..
20.....
27.—
3
1,121.1
1,113.2
1,109.4
1,104.1
1,095.0
302.1
294.7
288.7
283.7
273.7
76.7
77.0
77.0
75.7
75.9
230.7
231.0
231.0
231.2
231.5
361.7
363.5
366.1
367.2
368.1
-28.4
-28.4
-28.6'
-28.7
-28.7
-4.7
-4.9
-4.9
-4.9
-4.9
63.7
64.0
64.1
64.2
64.5
1,001.7
997.0
993.4
988.4
980.0
-6.8
-7.7
-7.6
-8.0
-8.3
31.7
31.5
31.4
31.6
32.1
80.0
78. 0
77.9
77.8
76.8
14 5
14.4
14.4
14.4
14 4
Apr. 10..-..
Apr. 17
Apr. 24_
May ! _ _ „ _ _
1,084.1
1,084.2
1,080.1
1,075.9
259.6
257.2
254.9
249.2
76.2
76.0
76.3
76.2
231.5
231.7
231.4
231.4
371.2
372.4
372.6
375.0 .
-28.7
-28.7
-28.7
-28.7
-4.9
-4.9
-4.9
-4.9
65.5
65.4
65.7
65.7
970.3
969.2
967.3
963.7
-8.8
-8.5
-8.0
-8.5
32.4
32.2
29.5
29.5
75,9
77.0
77.0
76.9 i
14.3
14.3
H.3
14.2
May8_..._
May 15 .
May 22.....
May 29..—
1,071.3
1,067.0
1,062,0
1,054.2
244.3
237.5
236.3
234.6
76.3
76.4
76.0
75.8
231.5
231.2
230.7
230.7
376.1
378.0
380.4
380.9
-28.7
-28.7
-28.7
-28.7
-4.8
-4.7
-4.7
-4.7
65.7
66.0
64.7
64.8
960.4
955.6
954.6
953.2
-9.6
-8.1
-8.2
-12.4
29.9
29.8
28.1
27.3
76.5
75.2 |
74.2 i
72.7
14.2
13.5
13.4
13.4
June 5
June 12
.
June 19«.-_.
June 26
.
July 3
1,066.7
1,069.8
1,066.7
1,052.9
1,042.1
234.1
233.3
232.3
230.0
229.4
75.5
75.3
74.7
74.7
74.7
230.6
230.5
230.5
230.4
230.4
380.9
380.5
380.4
379.3
378.3
-28.7
-28.7
-28.7
-28.7
-28.7
8.5
12.4
12.9
12.9
14.3
64.5
64.8
64.8
64.8
64.8
965.4 I
968.1
966.8
963.4
963.3
-12.3
-13.0
-18.0
-19.1
-19.4
27.0
27.1
27.2
27.8
27.9
73.3
74.1
77.2
67.5
57.2
13.3
13.3
13.4
13.2
13.2
July
July
July
July
1,033.5
1,022.6
1,023.2
1,019.4
228.7
228.5
229.8
229.0
74.7
74.8
74.8
74.8
230.3
230.4
230.4
230.4
377.4
377.0
376.8
376.3
-28.7
-28.7
-28.7
-28.7
14.7
13.7
13.1
11.8
64.8
64.7
64.7
64.8
961.9
960.3
960.9
958.4
-21.5
-23.3
-22.9
-24.2
27.8
27.7
27.6
27.7
52.1
44,8
44.6
44.5
13.2
13.2
13.1
13.1
1,019.0
Aug. 7
Aug. 14_.. = . 1,004.0
Aug. 21..... 1,001.4
996.5
Aug. 28.....
Sept. 4
995 1
227 9
225.2
224.5
223.8
223 0
74.9
74.9
74.8
74.7
74.7
230.5
230.5
230.5
230.5
230.6
376.1
375.6
374.6
373.8
372.9
-28.7
-28.7
-28.8
-28.8
-28.8
10 6
7.2
6.6
6.2
59
64.8
64.6
64.6
64.6
64.6
955.8
949.2
946.9
944.8
942.9
-21.8
-22.1
-22.3
-22.3
-21.9
27.5
27.5 1
27.5 i
27.3
26.8
44.5
36.2
36.2
33.5
33.9
13.0
13.2
13.2
13.1
13.4
Sept. !!.„..
Sept. 18—
Sept. 25
Oct. 2 .
995.2
999.8
995.0
987 0
219.8
218.7
216.4
213 8
74.6
74.6
74.6
74.5
230.7
230.7
230.7
230.7
371.9
369.8
368.5
365.4
-28.8
-28.8
-28.8
5.9
14.0
26.3
26 2
64.5
64.5
64.2
64.5
938.7
943.4
951.9
946.2
-17.5
-17.6
-21.2
-20.7
26.4
26.7 i
26.3
26.6
34.3
34.0
25.1
22.0 !
13.3
13.3
12.9
12.8
Oct.
Oct.
Oct.
Oct.
9L......
16
23. . .
30
981.9
974 5
964.7
957 6
211 6
209 6
207.6
205 0
74.5
74.1
74.1
74 1
230.7
230.7
230.7
230 6
361.3
357.3
353.5
349 6
-28.9
-28 9
-29.0
—29 1
26.0
25 0
23.2
23 1
64.4
64.6
64.5
64.5
939.6
932 3
924.6
917 9
-18.7
-18.3
-19.3
-19.0
26.7
26.5
26.2
26.2
21.4
21.3
20.3
20.0
12.8
12.8
12.8
12.6
Nov. 6 „ .
Nov. 13..,.,
Nov. 20..- = .
Nov. 27..,..
950 3
946.0
936.0
924.5
199 6
195.3
189.9
185.2
74.1
73.9
74.1
74.1
230.6
230.6
230.7
230.9
348.6
348.7
347.7
346.8
-29.1
-29.1
-29.1
-29.1
23 1
22.4
22.3
17.0
64.6
64.6
64.6
64.6
911.6
908.4
900.2
889.6
-18.8
-18.6
-19-9
-20.3
25.4
26.1
25.4
25.1
19.6
19.6
17.7
17.5
12.5
12.5
12.5
12.6
Dec. 4
Dec, l l _ _ _ _ .
Dec. 18 .
Dec. 25... „
1941—Jan 1
917 4
913.5
907.5
896.3
888 7
182.4
177.9
172.5
164.5
157 1
74.2
74.6
74.5
74.4
74 4
230.9
230.9
231.1
231.9
233 2
346.2
346.2
347.6
347.6
348 1
-29.1
-29.1
-29.1
-29.1
—29 1
16.3
16.1
10.8
5.9
2 7
64.6
64.5
64.8
64.8
64 9
885 . 5
881.2
872.2
859.9
851 3
-22.2
-21.9
-18.5
-18.1
-18.4
24.8
24.9
23.8
24.3
25.6
16.6
16.7
17.4
17.5
17.6
12.6
12.6
12.6
12.6
12.6
Jan. 8
Jan. 15
Jan. 22.
Jan. 29..'. _„
S69 4
843.3
827.8
811.9
144 6
124.2
113.7
101.7
74 3
74.3
74.3
74.2
233 2
233.2
233.3
233.3
347 3
345.3
344.3
340.2
—29.1
-29.1
-29.2
-29.2
2 2
1.1
.1
-1.6
64.8
64.8
64.7
64.6
837.3
813.9
801.1
783.2
-23.4
-25.9
-27.1
-25.7
25.5
25.3
23.8
24.7
17.3
17.5
17.6
17.7
12.6
12.5
12.4'
12.0.
Feb. 5
Feb. 12
Feb. 19
Feb. 26...,.
799 3
792.1
783.1
775.8
92 7
87.4
80.4
75.1
74 1
74.2
74.2
74.2
233 0
233.1
233.2
233.2
339 5
339.2
337.8
338.9
-29 2
-29.2
-29.2
-30.2
-3 0
-3.0
-3.0
-3.0
64.4
64.5
64.6
64.5
771.6
766.1
758.0
752.6
-25.4
-25.8
-25.9
-26.9
24.4
23.2
22.6
21.8
17.1
17.0
16.9
16.8
11.6
11.6
11.5
11.4
Mar.
Mar.
Mar.
Mar.
Apr.
757.3
741.9
726.9
714.7
701 8
56.0
44.7
30.9
19.4
6 2
74.2
74.1
74.0
74.2
74 2
233.4
233.4
233.4
234.8
234.9
338.1
337.1
335.9
335.8
334 7
-30.3
-30.3
-30.3
-30.3
-30 3
-3.0
-3.0
-3.0
-3.0
-3 0
64.4
64.4
64.4
64.6
64 8
732.8
720.4
705.4
695.6
681,5
-25.8
-28.4
-28.4
-30.0
-28.9
22.1
21.6
21.4
20.8
20.9
16.8
16.9
17.3
17.0
16.9
11,4
11. ?
11.
11.
11.
10......
17,
24..... .
31
5
12
19
26__...
2
go
Q
INTERNATIONAL FINANCIAL STATISTICS
631
NO. 1SJ-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
DOMESTIC SECURITIES: INFLOW OF FOREIGN FUNDS, BY COUNTRIES-Continued
(NET PURCHASES BY FOREIGNERS OF U.S.SECURITIES)
[Net movement from United States, ( —). In millions of dollars]
Prom Jan. 2, 1935,
through—
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Italy
Other
Europe
Total
Europe
Canada
Latin
America
694.7
691.9
686.8
682 4
- .5
- 2.1
- 3.3
- 7.5
74.1
74.2
74.2
74.3
235.0
234.9
234.8
234.8
334.2
333.5
333.0
332.1
-30.3
-30.3
-30.3
-30.3
-3.0
-3.0
-3.0
-3.0
64.7
64.7
64.8
64.9
674.3
671.8
670.2
665.3
-28.5
-28.6
-32.2
-31.8
20.8
20.6
20.8
20.6
7
14
21
28
673.8
655.2
649.6
641.6
-15.0
-30.5
-36.6
-41.0
74.3
74.3
74.3
74.5
234.7
234.7
234.7
234.7
331.8
328.2
326.7
324.1
-30.4
-30.4
-30.4
-30.4
-2.8
-2.7
-2.4
-2.5
64.9
64.9
64.9
64.8
657.5
638.5
631.1
624.2
-31.8
-31.4
-30.4
-31.3
19.8
19.6
19.9
19.5
June 4
June 11
June 18. . _
June 25
July 2
637.1
634.4
634.4
632.4
631.2
-44.3
-47.4
-48.6
-49.7
-50.5
74.5
74.5
74.5
74.5
74.6
234.8
234.8
235.5
235.9
236.1
322.3
322.1
321.8
321 . 7
321.7
-30.4
-30.4
-30.4
-30.4
-30.4
-2.5
-2.5
-2.5
-2.5
-2.5
64.9
64.9
64.9
64.8
64.8
619.3
616.1
615.2
614.4
613.8
-31.7
-32.3
-32.7
-34.5
-34.4
July 9
July 16
July 23
July 30
'__
630 0
628.2
624 8
623.6
-51.2
-52.9
-54.6
-56.6
74.5
74.6
74.6
74.8
235.9
235.9
235.8
235.8
321.7
321.8
321.7
322.2
-30.4
-30.4
-30.4
-30.4
-2.4
-2.4
-2.5
-2.4
64 7
64.6
64 6
64.5
612.9
611.3
609.3
607.9
Aug. 6..
Aug. 13
Aug. 20,__,1
Aug. 27
Sept. 3
624.8
623.1
619.7
617.3
616.5
-58.3
-59.6
-61.2
-62.4
-63.0
74.9
74.8
75.0
75.1
75.1
235.9
235.9
235.9
235.9
236.0
322.7
323.7
323.9
325.6
326.0
-30.4
-30.4
-30.4
-30.4
-30.4
-2.4
-2.4
-2.4
-2.4
-2.4
64.6
64.9
65.1
65.1
65.3
Sept. 10
Sept. 17
Sept. 24
Oct. 1
617.0
618.2
622.1
623.5
-63.4
-63.8
-64.2
-64.7
75.0
75.1
75.2
75.3
235.9
235.9
235.9
236.5
326.9
327.6
328.8
328.9
-30.4
-30:4
-30.4
-30.4
-2.4
-2.4
- .8
- .3
__
623.9
623.2
621 2
621.3
-65.4
-65.7
-66.1
-66.6
75.4
75.3
75.3
75.2
236.5
236.5
236 7
236.7
329.7
330.4
330.4
331.0
-30.4
-30.3
-30.3
-30.3
Nov. 5
Nov. 12
Nov. 19
Nov. 26 ,__,
Dec. 3
621 6
622.1
621.7
621.3
620.5
-67.0
-67.6
-68.9
-70.0
-70.3
75.3
75.3
75.2
74.9
74.9
236 7
236.7
236.7
236.7
236.7
331 .-1
331.4
332.8
333.0
332.8
-30.3
-30.3
-30.3
-30.3
-30.3
Dec. 10
Dec. 17... „
Dec. 24
Dec. 31
620.4
622.5
624.6
626.7
-70.6
-70.3
-70.3
-70.1
74.9
74.9
74.9
74.9
236.7
236.7
236.7
236.7
333.2
335.6
336.1
336.4
-29.8
-30.1
-30.1
-30.1
Asia
1941— Apr. 9
Apr. 16
Apr. 23 _ „
Apr. 30
May
May
May
May
Oct.
Oct.
Oct.
Oct.
8
15
22
29
All
other
16.9
16.8
16.7
17.0
11.3
11.3
11.3
11.3
17.0
17.1
17,7
17.9
11.3
11.3
11.4
11.3
19.4
19.2
20.2
20.2
19.3
18.7
20-0
20.2
20.8
21.1
11.4
11.4
11.4
11.4
11.4
-35.6
-36.3
-3" 0
-37.8
19.5
19.6
19.3
19.2
21.7
22.1
21.7
22.9
11.4
11.4
11.5
11.4
607.1
606.9
606.0
606.6
606.6
-36.1
-36.6
-37.0
-39.1
-40.0
20.0
20.2
20.3
20.5
20.8
22.3
21.0
19.1
17.9
17,8
11.5
11.4
11.4
11.4
11.4
65.3
66.0
66.5
66.6
607.0
608.0
.611.0
611.9
-40.8
-41.1
-41.4
-41.8
21.4
22.2
23.2
23.9
18.0
17.6
17.7
18.0
11.4
11.5
11.5
11.5
- .3
- .2
- .2
2
67.2
66.9
66 2
65.9
612.8
612.9
611.9
611.8
-42.3
-42.9
-43.6
-44.0
23.8
24.1
24.1
24.5
18.1
18.1
18.1
18.2
11.5
10.8
10.8
10.8
- .2
- .2
2
- '.2
- .2
66 6
66.5
66.6
66.8
66.9
612.2
611.9
611.8
610.9
610.4
-44.5
-44.0
-44.4
-43.9
-44.3
24 9
25.2
25.6
25.6
25.9
18.2
18.1
17.9
17.8
17.6
10.8
10.8
10.8
10.8
10.9
- .1
- .1
- .1
- .1
66.8
67.0
67.1
67.3
611.1
613.7
614.2
615.0
-45.2
-45.9
-45.5
-44.7
26.2
26.4
27.7
28.1
17.4
17.4
17.4
17.5
10.9
10.9
10.8
10.9
'
BANKING AND MONETARY STATISTICS
632
NO. 162-NETFCAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
INFLOW IN BROKERAGE BALANCES, BY COUNTRIES
(THE NET EFFECT OF INCREASES IN FOREIGN BROKERAGE BALANCES IN U. S. AND OF DECREASES
IN BALANCES HELD BY BROKERS AND DEALERS IN U. S. WITH BROKERS AND DEALERS ABROAD)
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through—
1935— Jan. 9
Jan 16
Jan. 23
Jan 30
Total
2.6
20
3.7
37
33
United
Kingdom
France
Netherlands
-.8
-.9
.4
.9
2.1
.3
1.2
1.3
.4
.3
-.3
-.2
2.0
2.2
1.6
3 2
— .r
Switzer
land
A
— .1
.1
.1
Mar. 6 ..
Mar. 13.—
Mar. 20..—
Mar. 27
Apr. 3
13.7
15.4
20.2
21.7
21.1
4.5
4.3
5.8
7.0
6.5
3.7
4.5
4.9
5.6
5.6
.8
1.1
2.0
2.1
2.6
Apr 10
Apr 17
Apr. 2 4 _ _ _ ^
May 1 -..
20 9
2K7
21.0
21 8
58
6.3
6.3
7.0
4 5
3.9
3.3
3.5
2 9
2^9
2.7
2.7
May 8
May 15
May 22.... _
May 29..—
21 9
20.9
20.3
20.7
7 9
6.8
6.4
5.0
2 6
2.3
2.7
4.0
2 9
3.4
3.1
2.8
-.2
.1
.1
.3
g
.8
.9
1.0
11
.8
1.2
1.2
June 5
June 12
June 19 .._.
June 26
.
July3
26.4
26 5
28.7
27.1
29.8
7.4
6.7
7.4
6.5
6.8
5.6
6 4
6.5
6.7
7.0
3,3
3 2
3.8
3.3
3,6
2.5
2.2
2.3
2.3
2.2
July 10
July 17
July 24
July 31
26 8
24.8
25 6
25.4
59
5.3
5.1
4.9
6 6
5.4
5.3
5.5
34
3.3
34
3.4
Aug. 7
Aug. 14.....
Aug. 21.— _
Aug. 28—
23 6
18.4
19.8
20.4
4 4
3.8
4.7
4.4
5.2
4.7
3.9
5.1
Sept. 4
Sept. 11
Sept. 18
Sept. 25..-..
Oct. 2. .—
24 6
23.5
25.1
29.8
29.8
5.4
4.7
5.1
6.0
6.2
Oct. 9 , .
Oct. 16 ....
Oct. 23
Oct. 30
30.7
27.1
23.7
20 5
Nov. 6
Nov. 13 . _ _ _
Nov. 20
Nov. 27—
Dee. 4
Dec. 11
Deo. 18
Dec. 25
1936— Jan 1
Feb. 5
Feb. 12
Feb. 19
Feb. 26
Mar, 4
Mar. 11.—
Mar. 18
Mar. 25
Apr. 1
(2)
Total
Europe
Canada
Latin
America
C1)
-.1
(*)
.4
.1
.2
.5
1.7
-.5
1.7
2.1
.6
1.3
1.8
1.6
C1)
C8)
-.2
-.4
.4
.6
,4
.5
-.2
.6
-.1
_,1
.2
(2)
.1
.3
.4
.4
.9
2.8
4.4
7.8
1.6
1.0
1.0
1.5
-.2
1.1
1.2
1.7
1.5
(•)
— .1
-.1
(*)
.5
1.1
1.1
1.0
1.2
9.5
10.5
13.9
15.9
16.1
2.6
2.5
3.5
3.3
2.2
.1
.1
1.6
2.4
2.8
2.6
2.5
-2
-.1
-.1
_'l
14
1.2
1.2
1.3
15 5
15.1
14.4
15.4
2 4
3.7
3.6
32
4
.5
!e
2 7
2.4
2.4
2.6
j
(«)
5
( )
(i)
15 8
14.6
14.0
13.8
2 6
2.5
2.3
2.3
7
.7
.8
.8
2.9
3.2
3.0
3.7
— 1
-.1
,1
(»>
0)
(t)
(2)
0)
(2)
(2)
-.1
0)
-.1
.1
C2)
-.1
<*>
I
(2)
1
-.1
.1
(2)
(2)
0)
2
( .2
c
'i
Far
East
AM
other
(4
0)
(2)
(I)
(1)
(«j
0)
2
( 2)
()
14
1.4
.6
.7
-.2
-.2
-.2
-.2
-.2
-.2
-.1
-.1
-.1
.8
.8
.8
.7
1.6
19.3
19.0
20.5
19.3
20.8
2.4
2.8
3.2
2.8
3.3
.8
1.0
.8
1.4
1.3
3,9
3,7
4.2
3.7
4.4
2 0
2.2
2.6
2.7
-.2
-.2
-.1
-.1
-.1
-.1
-,1
1.4
.8
.9
.4
19.2
16.9
17.2
16.8
2.0
2.5
2.7
2,5
1.2
.9
1,3
1.4
.5
.6
.5
.8
32
3.3
3.1
3.4
2.3
2.4
2.5
2.9
(2)
-.1
(2)
-.1
-.1
-.1
-.1
(2)
.1
-.4
-.2
15.0
14.0
13.7
15.5
2.8
.3
1.2
.4
1.4
.6
.5
.6
.6
.4
.5
.6
-.9
-.3
— 7
6.3
5.6
5.3
5.7
6.1
3.5
3.3
3.1
3.7
3.7
3.7
3.2
3.5
3.1
3.3
-.4
(2)
-.1
(2)
1.2
1.4
2.1
2.2
l.«
19.5
18.1
19.1
20.8
20.8
.5
.9
1,1
3.2
3.2
.5
.5
.5
1.0
1.0
4.8
4.7
4.9
5.1
5.1
™ 7
-.5
-.5
--.3
-.3
7.2
6.1
4.8
5,0
5.7
4.8
4.5
3.4
4.3
3.8
2.8
2 8
3.4
3.4
3.0
2.8
C22 )
( a>
C2 )
C1)
.1
(>
1.5
1.6
1.9
1.8
22.2
19.8
17.1
15.9
2.8
1.3
1.1
-.3
.9
1.2
.8
.6
5.2
5.4
5.2
5.0
-.5
-.5
-.6
—.8
19.3
15.1
5.9
5.5
4.4
1.9
-3.0
-2.8
3.1
3.0
2.0
3.7
2.6
2.9
1.9
1.8
3.0
2.5
2.8
2.5
(a)
-.1
-.1
-.1
(I
1
.1
1.7
1.6
1.2
1.9
14.8
11.9
4.9
7.1
-.6
-2.1
-3.2
-4.6
.9
.8
.5
.4
5.0
5.1
4.7
3.7
-.8
-.6
-.9
—1.1
13 2
6.3
9.8
9.5
60
.5
.4
.3
.6
(i)
4.5
2.9
2.6
3.2
2.4
1.4
.8
1.4
1.9
1.3
3.3
2.8
2.8
2.8
2.5
-.1
-.1
-.2
-.2
-.2
.1
.1
.1
.1
.1
2.6
.9
1.8
1.4
1.4
12.2
7.8
8.9
9.8
7.6
-2.9
-4.4
-3.1
-3.8
-4.5
.9
.6
1.2
1.1
1.0
3.9
3.2
3.S
3.3
2.9
-1.0
-1.0
-.8
-,9
— 9
-.8
1,4
-.5
2.1
3.4
2.5
2.6
2.1
.7
1.7
1.8
1.4
2.5
2.3
2.9
2.9
.2
.1
.1
.1
1.3
2.0
3.0
3.3
7.2
9.8
9.7
11.7
-5.4
-5.9
-5.5
-6.8
.5
.6
.3
2
C)
3.1
3.5
3.3
2.9
-.9
-1.1
-1.2
-1.2
6.5
1.9
-3.2
.4
2.5
-.6
-2.1
-.9
1.6
1.7
1.9
4.5
1.1
.4
.4
-.7
2.8
2.6
1.6
2.3
-.1
-.2
-.1
-.2
2
-.1
-.2
-.2
.2
.2
.2
.2
2,9
2.2
1.9
2.0
10.9
6.2
3.6
7.1
-7.0
-5.7
-6.6
-5.9
.6
-.2
-1.5
-1.4
3.0
3.0
2.2
1.7
-1.0
-1.5
-1.0
-KO
3.6
1.1
6.1
.5
.4
.3
.6
1.0
-.3
-.5
7.7
7.9
7.7
7.1
6.7
-.7
-.8
.5
.3
-.2
1.9
1.5
2.3
2.0
2.6
-.1
-.2
-.1
-.2
-.1
.2
1.6
1.4
1.3
.9
1.3
10.8
10.9
13.0
9.9
9.9
-6.3
-8.4
-5.4
-6.6
-6.2
-1.8
-2.2
-2.5
-3.2
-3.3
1.8
1.8
2.1
1.4
1.2
-1.1
-1.0
-1.1
-1.1
-1.2
4.5
6.8
6.6
6.5,
i Inflow less than $50,000.
l
-1.6
-1.6
-.4
.3
5.0
7.0
10 9
Jan 8
Jan. 15,
Jan. 22
Jan.29.
-.1
-.1
()
.5
2.1
2.8
35
Other
Europe
Italy
.2
-.6
Feb. 6
Feb. 13-....
Feb. 20
Feb. 27
-.2
,1
.4
Germany
!i
-.1
(2)
(
- :ij <:i
* Outflow less than $50,000.
.2
,3
.1
'.3
.1
.1
(S)
-1
1
C)
(»)
J
— 1
™ 1
-.3
INTERNATIONAL FINANCIAL STATISTICS
633
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
INFLOW IN BROKERAGE BALANCES, BY COUNTRJES-Conlmaed
(THE NET EFFECT OF INCREASES IN FOREIGN BROKERAGE BALANCES IN U. S. AND OF DECREASES
IN BALANCES HELD BY BROKERS AND DEALERS IN U. S. WITH BROKERS AND DEALERS ABROAD)
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through —
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Other
Europe
Total
Europe
Canada
Latin
America
.1
.2
.1
1.8
2.1
1.7
1.8
7.2
11.7
8.8
11.8
-6.0
-6.1
-4.9
-4.3
-3.7
-3.9
-3.7
-2.7
3.6
4.0
3.9
3.5
-1.1
—1 1
—1.1
-1.0
(1)
1.6
1.9
2.0
1.1
2.3
19.5
19.0
18.8
16.7
18.0
-4.6
-4.5
^4.0
-3.9
-2.1
-2.2
-1.9
-1.7
-1.8
-1.9
4.5
4.1
4.2
3.9
3.7
-.2
-.2
-.1
— .1
— .1
C1)
0)
.1
.1
2.4
2.3
2.2
2.0
19.6
20.4
20.1
17.8
-3.6
-3.6
-3.7
-4.0
- .8
- .8
g
- '.5
4.2
4.4
5.5
4.1
-.1
-.1
.1
.1
.1
.1
2.4
2.1
1.7
2.0
22.1
22.0
23.1
20.9
-5.4
-6.0
-5.3
-6.1
- .5
- .1
- .6
- .4
4.8
4.2
4.2
4.2
C)
Italy
Far
East
AU
other
-.1
45
2.9
7.4
-1.8
-8
-2.0
-1.2
6.1
8.5
6.6
7.6
-.8
.1
o
.8
1.8
1.7
2.7
3.0
, i
-.1
-.1
-.2
May 6
May 13__ —
May 20
May 27
June 3
17.1
16.5
17.1
14.7
17.6
33
2.2
2.6
1.8
1.5
9.3
9.1
8.6
8.7
8.7
2.1
2.2
1.9
1.7
1.9
3.3
3.7
3.8
3.5
3.7
-.1
-.1
-.2
-.2
-.1
June 10
June 17June 24
July 1
18.3
19.4
20.1
16.5
2.3
2.7
3.2
2.1
9.1
9.4
9.2
8.8
1.8
2.1
1.7
.8
4.1
3.9
3.9
4.1
-.1
-.1
i
-'.1
JulyS
July 15
July 22
July 29 . -
20.0
19.1
20.5
17.9
3.6
2.1
3.0
1.3
9.6
9.6
9.9
9.5
1.9
2.9
2.7
2.2
4.6
5.1
5.7
5.9
-.1
1
Aug. 5
Aug. 12
Aug. 19.....
Aug. 26
Sept. 2
19.9
20.1
19.6
18.2
.15.2
2.7
4.1
1.8
-.2
.8
10.2
9.7
11.0
10.7
10.3
2.2
2.0
1.9
2.1
1.8
6.6
6.2
6.8
7.1
6.6
.1
.1
.2
.2
.1
.1
.1
.1
.1
,1
1.6
1.8
2.0
1.9
1.5
23.6
24.0
23.7
21.7
21.3
-6.2
-6.5
-6.0
-4.0
-7.3
-1.8
-2.0
-1.9
-3.0
-2,3
4.2
4.2
3.5
3.3
3.3
.2
.3
.3
.1
.2
Sept. 9
Sept. 16
Sept. 23
Sept. 30
16.9
20.1
19.3
23.2
-.2
1.3
-.2
.6
10.8
12.1
11.7
14.4
1.7
1.9
1.8
3.0
6.4
6.3
6.6
7.4
.1
.2
Oct. 7
Oct. 14
Oct. 21
Oct 28
14.0
12.0
12.0
13.7
-2.0
-2.9
-1.6
.3
12.7
11.4
10.5
10.5
1.3
2.1
1.6
2.3
Nov. 4
Nov. 11
Nov 18
Nov. 2 5 _ _ _ _ _
Dec. 2
12.7
7.7
14.7
17.6
18.8
-.2
-2.3
1.8
3.3
5.6
10.9
10.110.3
10.8
10.3
Dec 9
Dec. 16
Dec. 23
Dec. 30
20.1
17.3
16.4
12.9
5.7
4.0
4.2
4.0
1937— Jan. 6 . .
Jan. 13
Jan. 20
Jan. 27__..__
Feb. 3
15.6
13 0
7.6
8.1
10.9
Feb. 10-....
Feb. 17
Feb. 24
Mar. 3
Mar. 10_.__.
Mar. 17
Mar. 24.....
Mar. 31
1936— Apr. 8
Apr 15
Apr. 22
Apr. 29
0)
0)
0>
0)
0)
0)
6)
.1
1
.2
i
.1
.2
1.7
1.7
2.1
2.2
20.6
23.3
22.2
27.8
-5.3
-5.2
-4.6
-6.4
-2.3
-2.1
-2.2
-2.4
3.8
3.8
3.7
3.9
.2
.2
.3
.3
6.9
6.4
5.6
6.4
-.2
-.1
-.1
.2
.2
.2
.1
1.1
2.1
1.7
1.5
20.4
19.1
18.0
21.0
-7.1
-8.0
-7.4
-8.6
-2.8
-2.5
-2.9
-2.8
3.3
3.2
3.1
3.1
.2
.2
1.2
1.1
2.0
-.7
-.2
.8
0)
5.8
6.1
7.9
8.5
7.5
-\1
2
.2
.3
.2
-.8
.2
.8
.8
.8
1.4
1.6
19.3
14.3
20.6
23.9
25.1
-7.5
-7.5
-7.2
-6.1
-5.8
-2.8
-3.1
-2.9
-3.7
-3.8
2.7
3.0
3.4
2.8
2.9
.9
1.0
.8
.8
.3
9.7
10.4
10.7
10.4
.5
.9
.7
-.9
8.2
8.4
9.2
9.1
-.2
-.1
-.1
-.7
.3
.2
.2
.3
.8
.8
.7
.4
25.0
24.7
25.7
22.6
-4.4
-7.2
-7.4
-7.6
-3.7
-3.4
-4.3
-4.2
3.3
3.5
2.7
2.1
-.1
-.3
-.3
(2)
4.2
51
4.6
4.9
7.5
9.9
9.5
9.2
9.8
9.0
-.6
-.2
—1.4
-.8
-.4
8.7
8.4
7.4
7.9
7.5
C21 )
C1)
.1
( .2)
.2
.2
.2
.1
.1
1.7
.4
2
.1
_ 1
24.1
23.5
19.7
22.0
23.8
-5.7
-7.9
-8.6
-10.1
-9.2
-4.4
-4.3
-4.5
-4.6
-4.8
1.7
1.7
1.0
1.0
1.6
-.1
.1
-.1
-.1
-.5
.9
7.3
2.3
4.7
1.6
3.7
2.5
3.8
8.4
9.6
8.0
8.8
-1.5
-1.0
-1.2
.4
7.6
9.4
8.2
7.7
C1)
C1)
0)
0)
.2
.1
.3
.3
-.6
-1.1
-.8
.4
15.6
20.9
17.0
21.5
-10.3
-9.1
-8.6
-8.7
-4.7
-3.7
-5.1
- 5.8
.4
-.3
-.8
-2.1
-.2
-.2
-2.9
5.6
3.3
4.1
-.1
2.2
2.4
.8
8.0
8.6
10.3
9.4
1.2
.6
.8
2.7
8.5
9.8
9.8
10.3
-.1
2
()
(2)
.2
.2
,1
.2
0)
.5
.8
.9
17.8
21.8
24.1
24.3
-9.8
-6.4
-11.5
-10.0
-6.1
-5.1
-5.1
-5.4
-4.6
-4.9
-4.5
-5.4
-.1
.2
3
.5
1.0
8.6
7.2
9.4
.3
2.1
3.6
7.3
9.4
9.8
9.6
10.1
.9
2.0
1.8
1.3
9.9
9.4
9.3
9.6
0)
.2
.2
.2
.1
.2
.9
1.3
1.4
20.9
24.4
25.7
29.8
-10.4
-7.0
-8.9
-11.3
-5.3
-6.0
-7.2
-7.1
-4.8
-3.4
-3.0
-2.5
.6
.6
.
,*5
May5
May 12
May 19...-.
May 26
June 2 .
15.2
9.9
13.0
12.4
14.2
9.2
4.4
4.4
5.3
4.8
11.0
10.6
11.2
11.5
10.9
2.7
3.5
4.4
3.2
3.8
8.9
8.3
8.8
8.7
10.0
.1
.1
.1
.1
.1
1.6
1.5
1.4
1.6
1.7
33.5
28.3
30.3
30.5
31.2
-10.8
-10.2
-10.7
-11.5
-11,1
-7.5
-7.5
-6.5
-5.4
-5.2
-.8
-1.3
-.8
-1.3
-1.0
.7
.5
.7
.2
.3
June 9
June 16
June 23
June 30
15.0
19.2
18.6
18.3
7.3'
6.1
6.7
6.1
10.7
12.4
12.2
11.7
3.7
5.7
4.8
4.2
10.9
12.1
11.0
11.8
.2
.1
.1
.2
1.7
1.3
2.1
2.0
34.3
37.7
36.9
35.8
-12.4
-11.8
-11.5
-11.3
-5.6
-5.9
-6.0
-5.5
-1.5
-1.2
-.8
(*)
Apr. 7
Apr. 14
Apr, 21
Apr. 28
i Inflow less than $50,000.
O
.2
0)
.1
-.1
.0
-.1
2
()
C1)
0)
C2)
-.'l
-.1
( 22)
C2 )
()
2 Outflow less than $50fOOO.
(')
.3
BANKING AND MONETARY STATISTICS
634
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Contiimed
INFLOW IN BROKERAGE BALANCES, BY COUNTRIES-Cenlinwd
(THE NET EFFECT OF INCREASES IN FOREIGN BROKERAGE BALANCES IN U. S. AND OF DECREASES
IN BALANCES HELD BY BROKERS AND DEALERS IN U. S. WITH BROKERS AND DEALERS ABROAD)
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through —
Total
United
Kingdom
France
Netherlands
Switzerland
Germany
Other
Europe
Italy
Total
Europe
Canada
Latin
America
Far
East
All
other
1937— July 7
July 14 .....
July 21
July 28 .....
20.0
18.2
17.6
14.1
7.5
6.5
6 6
7.0
11 1
10 6
10 7
10.3
6 7
4.9
4 8
4.4
12 2
12.5
11 8
10.7
-1
-.1
— 1
-.2
2
.2
3'
.2
3 2
2.4
2 7
2.5
40.8
36.9
36.8
34.8
-13 2
-12.6
-12 8
-13.2
—5 9
-5.6
—6 0
-6.6
— 4
-.8
-1 3
.3
3
-.2
Aug. 4. — .
Aug. 11-....
Aug. 18.....
Aug. 25....,
Sept. I.......
14.3
18.7
11.0
13.3
14.9
6.0
8.6
8.3
6.0
5.0
10.7
11.6
9.4
10.6
10.0
3.6
3.0
3.8
3.9
3.9
11.0
10.2
9.6
10.3
10.8
-.2
-.1
-.2
-.1
-.1
.2
.2
.2
.1
.1
2.4
2.0
2.7
2.4
3.0
33.6
35.3
33.8
33.2
32.8
-12.3
-10.6
-16.4
-14.1
-12.8
-6.3
-6.3
-6.6
-6.1
-6.2
-.3
.2
.2
.4
.9
-.3
.1
-.1
Sept.
Sept.
Sept.
Sept.
8..--..
15..-..,
22. — ..
29..—
15.5
20.5
26.8
31.9
5.1
5.2
8.0
8.2
10.7
10.7
10.8
11.5
3.6
3.9
4.4
4.4
11.2
11.5
11.8
12.3
0)
.1
.1
.1
.2
3.3
3.5
4.7
3.5
33.9
35.0
39.7
40.0
-13.9
-11.2
-9.9
-8.6
-5.9
-5.3
-5.2
-3.2
1,2
3.4
3.2
3.9
.2
-1.4
-1.0
-.3
Get 6
Oct. 13 .....
Get 20
Oct. 27. .
Nov. 3— ...
40 3
42.2
47 2
49.4
49.6
11 2
12.8
11 8
11 6
10.0
11 9
11 7
12 6
13 0
13.3
52
6 0
7 6
6 7
6.0
14 2
14 4
13 8
12 8
12.1
2
2
2
2
.2
4 4
4 7
4 8
55
5.7
46 9
49 5
50 8
49 9
47.4
—7
—8
—5
—2
0
0
8
9
.2
—2 9
—2 6
—1 1
— 5
-.3
37
36
35
30
2.5
— 3
— 2
_ j
-.2
Nov. 10.—
Nov. 17—
Nov. 24^ —
Dec. !...„.
49.0
48.5
48.7
48.4
11.7
11.5
11.8
11.8
13.8
12.7
13.2
12.3
5.7
5.6
5.2
52
11.7
12.1
11.5
10,9
.1
.2
.2
1
5.2
5.0
5.1
54
48.2
47.1
46.9
45.7
.3
1.2
2.0
18
(
.6
-1
-.2
—- o
(*2)
.1
9
Dee.
Dec.
Dec.
Dec
8
15.....
22......
29
49 8
49.5
48.2
47 5
11 3
11.4
12.0
11 5
12 2
12 0
11.5
11 5
4 8
5 4
5.2
50
11 4
11 7
10.3
10 8
C2)
0)
l
1
1
,1
1
6 0
52
5.3
50
46 0
45 9
44.3
44 0
3 2
35
3.4
35
— 1
-7
-.5
5
8
10
1.1
5
1938^Jan. 5 ._ .
Jan 12
Jan. 19 ....
Jan 26
Feb. 2.. ...
51.9
50 5
49 5
50 1
51.9
12
12
12
12
11
8
3
3
1
5
11
11
12
13
13
3
7
0
5
9
5
5
5
5
5
2
0
2
2
3
— 1
_ 1
2
2
2
2
2
5
5
5
5
6
7
7
6
9
0
47
46
46
45
46
7
7
7
7
4
4 0
35
2 9
36
4 7
—1 1
10
— 10
— 8
—1 3
12
14
10
17
20
Feb 9
Feb. 16
Feb. 23
Mar, 2
53 3
53.4
51 1
51.0
12 2
12 1
11 0
11 1
13
13
12
12
8
3
8
8
5
5
5
5
6
5
6
8
12 7
12 0
11 4
9 0
9 5
9§
9 5
9 0
88
2
2
2
2
6
6
6
5
1
1
0
7
47
46
44
44
6
6
6
5
4
5
4
5
3
0
0
3
15
—1 3
1i
Mar. 9
Mar. 16...,.
Mar. 23—
Mar. 30-.,..
51 2
51.2
51.6
54.2
11 6
11.4
12.4
13.0
12 7
13.3
13.6
13.4
56
5.6
5.8
6.6
9 5
8.2
8.4
8.7
(2)
2
.2
.2
.2
53
5.4
4.7
5.2
45 1
44.2
45.1
47.2
Apr. 6
Apr. 13.....
Apr. 20
Apr 27
59.5 i
61,2
60.1
59 6
14 6
13.9
13 7
13 9
14 7
14.3
13 5
14 3
71
7.3
7 4
7 2
92
9.4
9 8
89
2
.3
3
2
57
5.9
57
58
May 4
May 1 1 _ _ _ _ _
May 18.— _
May 25
June 1
58 8
58.1
58.2
59 3
60 8
13 9
13.8
13.3
13 8
14 3
14 5
13.3
13.5
14 2
14 8
7 2
7.0
0.9
7 0
71
8 7
8.5
9.1
8 5
8 9
3
.4
.2
2
3
June 8
June 15-,_ —
June 22
June29._-_,
61 4
61.4
59.1
57,8
15 1
15.4
14.8
15.7
15 0
14.7
14.0
13.9
68
6.8
6.7
6.8
86
9.7
8.8
8.4
July 6
July 13......
July 20......
July 27......
Aug. 3......
59 3
60.4
62.1
57.7
59.6
15 1
16.5
14.5
13.8
14.6
13 6
15-5
15.8
14.5
14.9
5 g
5.7
5.5
5.5
5.4
9 5
9.6
10.1
10.3
10.1
(1)
Aug.
Aug.
Aug.
Aug.
10.....
17_ — _
24
31-....
58.1
60.5
59.2
60.6
13.8
14.6
15.7
14.9
15.0
15.4
15.1
14.8
5.1
4.8
5.1
5.1
10.4
10.1
10.5
10.5
.1
C2)
Sept,
Sept.
Sept.
Sept.
7— —
14
21.:...
28.....
58.8
61.1
62.5
64.1
14.8
15.7
15.9
16.8
14.7
15.6
15.2
15.9
5.4
5.7
6.0
6.8
10.5
10.8
11.6
10.7
1
Outflow less than $50,000.
2
-!i
-.1
(i)
—i
— 2i
()
(>)
(2)
0)
(1)
()
(2)
f1)
_ 1
(1)
(1)
_ 1
1
f )
(1)
.1
.1
(2)
f1)
(')
1
1
.1
(«)
— 2
(2)
(|)
-.1
C22 )
(2)
(C 2))
-!i
-.1
=.i
-.1
-.1
Inflow less than $50,000.
— 6
-.8
(
.V
-a
(i)
_i
—i
-.1
(i\
(i
(a
-1
fi\
I
9
7
6
1
1
'4
—1 3
2
2
2
2
4 8
5.2
5.6
5.5
12
-.7
-1.4
-1.2
2 l
2.2
2.1
2.6
5
.4
.2
.1
51 5
51.0
50 3
50 4
60
7.8
7 9
74
10
-.5
5
5
30
2.8
2 3
2 2
( *}
58
5.9
6.5
56
59
50 4
49.0
49.6
49 4
51 2
71
7.3
7.5
83
78
9
-.5
-.8
8
6
2 2
2.3
1.9
2 4
24
•
KI
3
.3
.2
.2
6 0
5.8
6.0
6.2
51 8
52.7
50.6
51.2
70
6>
6.3
4.0
— 4
-.5
-.8
-.1
2 9
2^4
2.7
2.6
2
.1
.2
.2
.2
60
6.5
8.2
8.1
8.2
50 2
54.0
54.3
52.5
53.4
55
3.5
3.9
2.7
3.1
1
.3
.3
.2
.2
3 5
2.6
3.3
2.0
2.6
.2
.2.
.2
.2
8.2
9.0
9.0
8.7
52.7
54.2
55.4
54.1
2.6
3.3
1.2
3.7
(l)
.2
.2
,2
.2
.2
6.8
6.6
6.4
6.9
52.3
54.4
55.2
57.2
3.9
4.6
5.6
5.3
.2
.4
.2
.4
(!)
4
*4
1
( i\
f%
I
.1
.1
.1
2
.1
,3
!3
2.5
2.6
2,3
2.3
,3
.4
2.1
1.4
1.3
.8
.3
.3
.2
.5
^3
INTERNATIONAL FINANCIAL STATISTICS
635
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY/
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
INFLOW IN BROKERAGE BALANCES, BY COUNTRIE
(THE NET EFFECT OF INCREASES IN FOREIGN BROKERAGE BALANCES IN U. S. AND OF DECREASES
IN BALANCES HELD BY BROKERS AND DEALERS IN U. S. WITH BROKERS AND DEALERS ABROAD)
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through—
Total
Germany
United
Kingdom
France
Netherlands
Switzerland
6.4
5.8
6.7
6.4
6.9
11.4
10.8
11.1
10.7
10.6
-.1
-,2
-.1
-.1
-.4
Other
Europe
Total
Europe
Canada
Latin
America
.2
.2
.2
.2
.2
5.8
5.9
5.6
5.9
6.1
54.6
51.3
52.3
51.9
51.7
5.8
4.0
3.2
2.8
1.3
.4
.2
.1
-.1
-.3
1.6
1.7
1.4
1.3
.6
.3
.2
.3
.4
.2
Italy
Far
East
All
other
1938— Oct. 5 .
Oct. 12... _._
Oct. 19. .
Oct. 26..._.,
Nov. 2.
62.6
57.4
57.2
56.2
53.4
15.6
14.0
13.5
14.1
14.0
15.3
14.9
. 15.3
14.7
14.2
Nov. 9.- .
Nov. 16—
Nov.23___-_
Nov. 30—
51.8
49.4
51.1
51.5
13.4
13.8
13.7
13.9
13.8
13.0
13.4
13.6
6.6
6.9
7.7
, 7.4
11.0
10.5
9.2
9.2
-.3
-.3
-.2
-.2
.3
.3
.3
.2
5.5
4.7
5.4
5.9
50.4
49.0
49.5
50.0
1.2
.4
1.8
1.7
-.5
-.5
7
-!3
.3
.2
.1
-.2
.4
.4
.4
.3
51.7
51.7
48.0
47.6
47.6
14.3
14.2
13.6
13.2
13.4
12.6
12.9
12.2
12.6
12.9
7.8
7.4
7.2
6.8
6.8
9.6
9.8
9.7
8.8
9.6
-.2
-.2
-.2
-.2
-.2
.2
.2
.2
,2
.2
5.7
5.6
5.5
5.3
5.2
50.1
50.0
48.3
46.7
47.9
2.9
3.3
1.3
2.6
1.8
-1.5
-1.6
-1.0
-.9
-.9
-.1
-.3
-.9
-1.0
-1.5
.3
.3
.3
.2
.3
Jan. 11, ...
Jan. 18
Jan. 25
Feb. 1
49.4
52.5
57.2
61.9
14.4
14.9
15.7
17.2
14.0
13.9
15.2
16.7
6.9
7.4
7.8
8.1
10.1
10.8
10.7
11.0
-.2
-.2
-.2
-.2
.3
.3
.2
.3
5.1
5.5
6.3
6.3
50.5
52.5
55.9
59.4
.3
1.4
2.1
2.5
g
-.9
-.7
-.9
-.9
-.6
.4
,4
.4
,6
,4
Feb. 8.
Feb. 15.-___
Feb. 22 .
Mar. !„__._
61.7
61.4
59.8
58.8
16.2
15.8
14.5
13.3
16.9
17.0
16.6
17.1
8.4
8,7
8.3
8,3
11.2
10.4
10.5
10.7
-.2
-.2
-.2
-.2
.2
.2
.3
.3
6.4
6.6
6.4
6.7
59.1
58.7
56.4
56.1
2.6
3.1
2.7
2.6
-.8
-.8
-.4
-.8
.3
.1
.5
.4
.4
.4
.6
.4
Mar. 8. ..
Mar. 15—
Mar. 32_— _
Mar. 2 9 _ _ _ _ _
59.2
61.1
66.5
63.9
14.7
15.3
16.6
16.3
16.2
16.0
16.6
16.0
7.8
8.7
9.3
8.8
10.9
11.9
10.7
9.6
-.2
-.2 1
-.2
-.2
.3
.3
.2
.2
6.3
6.1
7.3
6.6
56.0
57.9
60.5
57.4
2.9
3.7
4.5
5.6
-.5
-1.3
.2
.1
.3
.4
.9
.6
.5
.4
.4
.3
Apr. 5.
Apr. 12
Apr. 19
Apr. 26
May 3 ...
65.9
68.9
72.9
73.0
74.4
16.4
17.5
18.0
17.4
17.8
16.3
17.0
16.9
16.3
17.0
8.4
9.0
9.9
10.3
10.2
9.9
9.7
9.8
10.5
11.2
-.3
-.2
-.2
-.1
C1)
.2
.2
.2
.3
.2
6.6
7.4
7.5
7.5
7.7
57.5
60.6
62.2
62.2
64.0
7.1
7.2
9.0
9.1
9.3
.2
.5
.6
.7
.7
.7
.2
.8
.6
-.1
.3
.3
.4
.4
.4
May
May
May
May
75.3
73.4
74.2
72.7
17.7
17.7
18.0
18.0
17.0
16.0
16.3
16.3
10.0
10.1
9.7
9.5
11.1
10.6
10.9
10.8
-.2
-.2
2
-.*2
.2
.3
.2
.2
7.5
7.6
7.5
7.3
63.2
62.2
62.3
61.9
10.5
9.3
9.5
8.7
.9
.6
.9
.8
.2
.8
1.1
1.0
.5
.5
.4
.4
June 7
June 14
June 21
June 28
71.6
72.6
73.8
74.0
17.9
18.7
18.5
18.1
15.2
15.6
16.7
16.8
9.2
9.3
9.5
9.6
11.3
11.7
11.7
11.9
-.2
-.1
-.3
.2
.2
.1
.1
6.8
6.9
7.2
7.0
60.4
62.1
63.5
63.2
9.3
9.0
8.6
9.3
.8
.7
.8
.8
.8
.5
.7
.4
.2
.2
.2
.3
July5
July 12
'July 19
July 26
Aug. 2
76.1
78.4
81.9
82.3
82.1
18.4
18.3
19.4
20.0
19.9
17.2
16.8
17.9
17.5
17.7
9.7
11.2
11.6
12.2
12.0
11.8
11.8
12.6
12.7
13.4
-.2
-.2
-.2
-.2
-.2
.1
.1
.1
.2
.2
6.8
7.1
7.4
7.6
7.3
64.0
65.2
68.9
70.0
70.2
9.2
10.3
9.9
8.9
8.8
1.0
1.0
1.0
1.1
.7
1.4
1.4
1.6
1.9
1.9
.5
.4
.5
.5
,5
Aug. 9,_ _._
Aug. 16
Aug.23_ — .
Aug. 30
84.5
85.4
85.5
85.0
19.2
19.6
20.1
17.8
18.5
18.6
17.7
19.1
10.3
9.6
9.8
8.6
14.5
15.5
14.7
15.0
C1)
-.2
-.2
-.2
.2
.2
.2
.2
7.3
7.9
7.5
7.4
70.1
71.2
69.8
68.0
10.0
10.2
10.4
11.9
1.7
1.3
1.7
1.9
2.3
2.3
3.2
3.0
' .4
.4
.4
.3
Sept. 6
Sept. 13
Sept. 20Sept. 27
84.2
79.2
81.1
83.1
17.7
19.8
22.1
24.2
19.0
18.4
18.5
18.4
8.7
7.1
9.3
9.4
15.7
14.5
14.9
15.3
-.1
-,1
-.2
-.1
.2
.2
.2
.2
7.1
6.5
6.5
7.0
68.2
66.3
71.4
74.3
12.4
11.7
10.4
9.7
2.1
2.4
1.9
2.1
1.2
-1.4
-2.6
-3.6
.1
0)
Oct. 4
Oct. 11__— .
Oct. 18 .....
Oct. 25Nov.l —
80.9
74.6
80.5
78.5
79.8
21.9
21.4
21.9
20.7
21.5
18.3
17.5
18.8
19.0
19.7
9.7
8.2.
9.4
9.0
8.8
15.9
13.4
15.7
. 16.1
16.2
-.1
-.1
-.1
-.1
-.1
.2
.2
.2
.2
.2
6.7
5.4
6.1
6.0
6.8
72.6
65.8
71.9
70.9
73.0
8.6
8.8
9.1
9.2
9.5
1.8
2.1
1.7
2.0
1.6
-3.3
-3.6
-3.8
-5.2
-5.8
1.2
1.4
1.6
1.5
1.5
Nov. 8
Nov. 15— _.
Nov. 22
„
Nov. 29.=-..
79.9
79.2
76.9
77.1
21.5
21.5
19.7
19.6
19.9
19.2
18.9
19.0
8.4
9.4
10.0
9.6
16.5
16.3
16.2
15.7
.1
.1
.1
,1
6.4
5.2
5.3
5.0
72.6
71.5
70.0
69.1
9.9
9.0
9.5
9.0
1.4
1.1
-.4
1.1
-5.6
-4.2
-4.0
-4.0
1.8
1.8
1.8
1.8
75.9
76.5
78.1
78.1
80.6
19.3
18.8
19.0
19.5
19.4
18.5
18.7
18.6
18.5
20.1
9.9
9.9
10.8
10.7
9.3
15.8
15.2
16.1
16.4
17.8
-.1
-.1
-.2
0)
-.2
-.1
-.2
-.2
-.1
.1
.1
.1
.1
.1
4.8
5.3
5.3
5.2
5.0
68.2
67.9
69.7
70.2
71.6
8.8
9.0
9.1
8.9
8.7
.8
1.3
1.6
1.1
1.6
-3.7
-3.3
-4.1
-4.0
2
-3.4
1.8
1.7
1.8
2.0
2.1
Dec. 7
Dec. 14
Dec. 21
Dec. 28
1939—Jan. 4
10—
17
24
31
Dec. 6
Dec. 13
Dec. 20
Dec. 27
1940—Jan. 31
2
.
y
.3
Inflow less than $50,000.
Figure covers all Asiatic countries. Previous figures include only British India, British Malaya, China, Japan, Netherlands East Indiec;
and Philippine Islands, the remaining Asiatic countries being included under "all other.*'
BANKING AND MONETARY STATISTICS
636
NO. 162-NET CAPITA! MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
INFLOW IN BROKERAGE BALANCES, BY COUNTRIES-Contmwd
(THE NET EFFECT OF INCREASES IN FOREIGN BROKERAGE BALANCES IN U. S. AND OF DECREASES
IN BALANCES HELD BY BROKERS AND DEALERS IN U. S. WITH BROKERS AND DEALERS ABROAD)
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through—
Total
.United
Kingdom
France
Netherlands
Switzerland
Germany
Other
Europe
Italy
Total
Europe
Canada
Latin
America
Asia
fAll
ot
1940—Jan 10
Jan. 17 ...
Jan 24
Jan. 31 ....
81.7
83.8
83.6
88.2
19.2
19.2
19.4
18.9
20.2
20.1
19.7
19.6
9.4
9.5
9.4
9.4
18.0
18.3
18.7
18.3
-.1
-.2
-.1
-.2
.1
.1
.2
.1
5.5
5.6
5.7.
5.7
72.3
72.7
72.8
71.9
10.0
10.0
10.0
10.9
1.1
2.0
1.7
1.7
-3.5
—3.0
—2 8
1.7
1.8
2.1
1.9
2.0
Feb 7
Feb. 14
Feb. 21
Feb. 28
87.3
86.7
88.1
87.0
18.5
18.7
18.5
18.9
19 6
19.3
19.0
19.0
9.2
9,2
9.2
9.2
18.1
17.8
19.2
19.1
-.2
-.2
-.2
-.2
.1
.1
.2
.1
5.5
5.7
5.7
5.8
71.0
70.6
71.6
71.9
10.8
10.7
11.0
10.5
1.6
1.2
1.3
.8
19
2.0
2.3
20
2.1
2.1
1.9
1.9
Mar 6
Mar. 13
Mar. 20
Mar. 27
Apr. 3
88.4
89.9
90.2
87.3
88.7
19.1
19.7
19.6
19,0
18.7
19 2
19.3
19.4
18.7
17.4
9.3
9.5
9.6
9.0
9.0
20.0
19.8
19.9
19.7
20.2
-.2
-.1
-.2
-.2
0)
.1
.1
.1
.1
.1
5.4
5.2
5.6
5.5
5.4
72.9
73.5
74.0
71,8
70.8
10.3
10.7
10.0
9.5
11.1
.8
1.2
1.3
1.2
1.2
2 7
2.7
3.1
2.9
3.3
1.8
1.8
1.8
1.8
2.2
Apr. 10
Apr. 17
Apr 24
May 1
88.6
89.4
88.2
88.3
19.1
18.7
18 5
18.3
17.2
17.9
17 9
17.6
10.2
10.0
10.2
10.1
20.6
21.0
21.2
21.3
0)
0)
-.1
.2
.1
.1
.2
4.9
5.7
5.7
5.9
72.1
73.3
73.6
73.5
10.7
11.2
10.4
10.4
1.2
.5
— .1
-.3
2.8
2.6
2 6
3.0
1.8
1.7
1.8
2.0
May 8.
May 15
May22___,
May 29..—
88.5
88.0
94.2
95.1
18.1
18.6
17.7
17.6
18.1
17.7
17.7
18.4
10.4
10.6
10.5
10.5
20.9
18.9
18.2
18.5
-.1
-.1
.2
6.0
5.8
7.6
7.1
73.5
71.7
71.8
72.1
10.3
9,3
10.6
10.3
-.2
3.3
5.6
6.3
3,0
3.2
5.5
5.8
2.0
.6
.7
.....
•97.2
96.9
98.5
97.6
98.9
16.3
'16.3
16.5
16.4
16.6
18.5
18.3
18.2
18.2
18.5
10.7
10.8
11.1
11.2
11.4
18.6
18.7
18.7
17.8.
18.0
7.6
7.7
7.9
8.1
8.1
71.7
71,8
72.5
71.7
72.7
10.4
11.6
11.6
10.8
12.0
8.4
6.5
7,6
8.4
7.6
6.0
6 2
6.0
6.0
6.0
.7
.8
.8
.7
.7
July 10
July 17. ...
July 24
July 31
99.6
99.0
100.1
99.8
16.4
16.4
16.6
16.7
18.7
18.5
18 5
18.5
11.4
11.6
11.4
11.5
18.1
17.7
18.2
18.0
8.3
8.3
8.3
8.3
72.9
72.5
73.1
72.9
11.6
11.7
11.5
11.1
81
8.1
8.7
8,8
61
6.0
6.0
6.3
.7
.7
Aug. 7
Aug. 14
Aug. 21
Aug. 28__.
Sept. 4
99.6
99.1
99.1
99.9
100.5
16.8
16.7
16.3
16.3
16.3
18.6
18.5
18.5
18.6
18.6
11.5
11.4
11. B11.4
11.9
17.9
17.7
18.1
18.2
18.8
73.0
72.6
72.9
72.8
73.6
11.1
11.2
11.1
11.0
10.9
Q
-!i
-.1
8.1
8.3
8.2
8.3
8.0
8.3
8.4
9.6
9.4
6.6
6.3
6.5
5.9
6.0
.7
.6
Sept. 11__1_
Sept. 18.
Sept. 25
Oct. 2....,_
99.9
100.6
100.8
101.6
16.1
16.3
16.1
16.3
19.1
18.7
18.6
18.8
11.9
12.1
12.1
12.3
18.6
19.4
19.0
19.2
-.2
-.2
-.2
-.2
8.0
8.1
8.3
8.1
73.7
74.6
74.1
74.7
11.1
11.1
10.9
11.2
8.8
8.3
9.4
9.1
5.8
5.9
5.7
5.8
.7
.7
,7
.7
Oct. 9.
Oct. 16
Oct. 23
Oct. 30
101.3
100.9
101.2
100.7
16,6
16 4
16.5
17.1
18.9
19 1
19.0
19.1
12.3
12.5
12.5
12.5
19.1
19.1
18.9
18.3
-,2
-.2
-.2
-.2
.1
.1
.1
.2
8.0
8.0
7.9
7.3
74.9
75.0
74.7
74.4
10.6
10.6
10.8
10.2
9.0
83
8.1
8.3
5.9
61
6.6
6.8
1.0
.9
1.0
Nov. 6
Nov. 13...,.
Nov. 20
Nov. 27
100.0
99.4
101.4
100.0
17.2
17.1
17.2
17.2
19.0
19.1
19.1
18.9
12.5
12.6
13.5
12.5
17.4
17.3
17.2
16.9
2
-.2
-.2
-.2
.1
.1
.1
.1
7.5
7.5
7,7
7.6
73.7
73.6
74.7
73.1
10.3
10.3
10.5
10.7
9.0
8.6
8.7
8.8
6.2
6.1
6.7
6.7
.7
.8
.7
.7
Dee. 4
Dee. 11
Dee. 18
Dec. .25..,.,
1941— Jan. 1
99.6
99.3
100.2
101.3
100.9
17.2
17.1
17.1
17.0
17.0
18.9
18.5
18.3
19.8
19.9
12.2
12.4
12.7
13.2
13.4
17.4
16.8
16.5
16.4
16.2
-.2
-.2
-.2
-.2
2
.3
.2
.2
.2
.2
7.7
8.0
7.9
8.0
7.9
73.5
72.8
72.6
74.4
74.3
11.0
11.0
10.7
10.8
10,7
7.8
8.4
9.8
9.1
9.2
6.6
6.5
6.4
6.2
6.0
.7
.7
.7
,7
.7
Jan. 8__
Jan. 15
Jan. 22
Jan. 29
101.3
101.7
99.8
98.8
16.9
17.1
17.1
17.1
20.0
19.9
19.3
19.2
13.8
14.0
13.3
13.3
16.3
16.5
16.6
15.9
-.2
-.2
-.2
-.2
.2
.2
.2
.2
8.1
7.9
8.5
8.9
75.1
75.3
74.7
74.4
10.4
10.4
10.6
10.4
9.0
9.2
7.7
6.8
6.1
5.9
5.9
6.3
Feb. 5
Feb. 12
Feb, 19
Feb, 26
97.0
95.9
96.5
97.2
17.0
17.0
16.9
17.0
19.3
19.3
19.4
19.3
13.5
13.5
13.5
13.5
14.8
14.5
14.1
14.4
-.2
-.2
-.2
2
.2
.2
.2
.2
8.9
8.9
8.9
9.1
73.5
73.1
72.8
73.3
10.5
10.2
11,1
10.9
5.6
5.7
5.7
6.1
6.5
6.0
6.0
6.1
.9
1.0
Mar. 5.
Mar. 12..,..
Mar. 19
Mar. 26
Apr. 2
96.6
96.9
98.4
95.8
95.9
17.1
16.6
16.5
16.9
16.7
19.3
19.4
19.5
18.6
18.7
13.6
14.0
13.9
13.8
13.9
13.8
13.9
14.0
14.5
14.5
-.2
-.2
-.2
-.2
-.2
.2
.2
.2
.2
.2
9.2
8.9
8.7
8.4
7.9
73.1
72.6
72.6
72.2
71.7
10.6
10.8
11.1
10.0
10.6
5.8
6.3
7.4
6.2
6.1
6.2
6.1
6.3
6.5
6.4
.9
1.0
1.0
1.0
June 5
June 12
June 19
June 26
July 3.
..
i Outflow less than $50,000.
1
C)
.2
.1
.2
0)
C1)
0)
-.1
0)
-.1
l
()
-.1
— 1
-.1
-.1
.1
.1
' .1
.1
J
*
.1
.1
.1
.1
C1)
!i
.1
.1
•
9
.7
.8
1.0
1.1
INTERNATIONAL FINANCIAL STATISTICS
037
NO. 162-NET CAPITAL MOVEMENT TO UNITED STATES, WEEKLY,
CUMULATIVE FROM JANUARY 2,1935 TO DECEMBER 31,1941-Continued
INFLOW IN BROKERAGE BALANCES, BY COUNTRlES-Conlinued
(THE NET EFFECT OF INCREASES IN FOREIGN BROKERAGE BALANCES IN U. S. AND OF DECREASES
IN BALANCES HELD BY BROKERS AND DEALERS IN U. S. WITH BROKERS AND DEALERS ABROAD)
[Net movement from United States, (—). In millions of dollars]
From Jan. 2, 1935,
through—
United .
Kingdom
Total
France
Netherlands
Switzerland
Germany
Other
Europe
Italy
Total
Europe
Canada
Latin
America
Asia
All
other
.2
.2
.2
.2
80
8.0
8 2
7.8
72.2
72.9
72.1
71.8
11.4
11.5
11.6
11.4
6 2
6.9
71
7.0
6.4
6.4
6.7
7.2
10
1.0
9
g
14.0
13.5
13.8
13.6
-.2
-.2
-.2
-.2
2
-.2
-.2
-.2
.2
.2
.2
.2
8.2
8.3
8.4
8.4
72.3
72.2
72.5
72.3
12.1
11,8
11.8
12.0
5.0
4.9
4.9
5.8
6.9
7.0
7.2
6.7
8
.9
.7
.8
14 2
14 2
14.4
14.5
14.5
13.7
13.6
13.7
13.8
14.5
-2
-.2
-.2
-.2
-.2
2
.2
.2
.2
.2
83
8.2
8.2
8.4
8.4
72.3
72.1
72.4
72.4
73.1
12.0
11.9
12.0
11.8
11.6
50
5.6
4.9
4.6
5.7
6.8
6.9
6.7
6.9
7.1
8
8
.8
.8
.7
19.4
19 5
19.3
19 6
14.5
14 5
14.6
14 7
14.3
14.2
14.1
14.2
-;2
-.2
-.2
-.2
.2
,2
.2
.2
8.5
8.8
8.9
9.0
72.8
72.9
73.1
73.4
11.6
11.7
11.4
12.1
5.7
5.8
5.8
6.5
7.3
6.9
6.8
6.7
.8
8
.8
.7
16.4
16.3
16.3
16.3
16.4
19.5
19.6
19.6
19.6
14.8
15.0
14.8
14.9
15.0
13.9
13.9
14.1
14.0
14.2
-.2
-.2
-.2
-.2
-.2
.2
.2
.2
.2
.2
8,7
8.8
8.7
8.5
8.5
73.3
73.6
73.5
73.3
73.7
11.2
12.2
13.8
13.7
13.6
6.3
6.0
4.9
6.0
5.8
6.8
6.6
6.6
7.3
7.4
1.2
.8
.8
.8
.7
101.2
100.5
99.9
100 9
16.4
16.1
16.4
16.6
19.6
19.4
19.5
19.3
15.0
15.1
15.2
15.5
14.2
13.7
13.5
13.8
-.2
-.2
-.2
-.2
.2
.2
.2
.2
8.4
8.3
8.4
8.3
73.5
72.6
72.9
73.4
13.5
13.8
13.4
13.7
6.2
6.1
5.8
6.3
7.2
7.1
6.9
6.7
.9
.8
.9
.8
101.1
101.5
101 3
100.6
16.5
16.5
16.8
16.6
19.5
19.6
19.6
19.5
15.5
15.3
15.3
15.3
13.8
13.6
13.8
13.8
-.2
-.2
-.2
-.2
.2
.2
.2
.2
8.1
8.5
8.4
8.3
73.4
73.5
73.9
73.5
13.5
13.9
13.7
13.8
6.6
6.6
6.1
6.1
6.9
6.6
6.7
6.6
.7
.9
.9
.6
Nov. 5
Nov. 12
Nov. 19
Nov. 26
Dec. 3
100 9
100.8
100.8
100.7
101 0
16.6
16.5
16.4
16.3
16.4
19.5
19.6
19.9
19.9
19.9
15.3
15.5
15.6
15.6
15.7
14.0
14.0
13.7
13.9
13.9
-.2
-.2
-.2
-.2
-.2
.2
.2
.2
.2
.2
8.2
8.3
8.2
8.0
8.3
73.5
73.9
73.8
73.6
74.1
13.9
13.8
14.0
14.2
14.3
6.1
5.8
5.5
5.4
5.2
6.7
6.6
6.7
6.7
6.8
.7
.7
.7
.7
.7
Dec.
Dec.
Dec.
Dec.
99.6
100 1
100.1
100.9
16.4
16.7
16.7
16.8
19.9
20.0
19.8
19.9
15.7
16.2
16.5
17.6
13.6
13.6
13.6
13.5
-.2
-.2
-.2
-.2
.2
.2
.2
.2
8.0
7.8
7.8
8.0
73.6
74.3
74.3
75.7
14.2
14.4
14.5
14.1
4.4
4.5
4.2
3.9
6.7
6.2
6.5
6.3
.7
.7
.7
.8
Shortterm
Net
creditor
position
of the
United
States
3,757
3,065
U.764
11,212
1941— Apr. 9
Apr. 16
Apr. 23
Apr. 30
97 1
98.7
98 5
98.2
17 3
17.8
16 7
16.7
19 1
19.1
19 0
19.0
13 8
13.8
13 9
14.0
14.0
14.2
14.2
14.3
97.2
96.8
97.0
97.5
16.8
16.8
16.6
16.6
19.1
19.3
19.3
19.4
14.3
14.3
14.3
14.3
June 4
June 11.
June 18
June 25
July 2
96 8
97 2
96.7
96.5
98.2
16 6
16.5
16.6
16.4
16.4
19 5
19.5
19.4
19.4
19.2
July 9
July 16
July 23.... _ _
July 30
98.3
98 2
97.9
99 5
16.1
16 0
16.1
16.0
Aug. 6-. .
Aug. 13
Aug. 20
Aug. 27
Sept. 3
98 8
99.1
99.6
101.0
101.2
Sept. 10
Sept. 17
Sept. 24
Oct. 1
Oct.
Oct.
Oct.
Oct.
May
May
May
May
7
14
21..__.
28
8
15
22
29
10.....
17
24
31
19:6
NO. IBS-INTERNATIONAL CAPITAL POSITION OF THE UNITED STATES, 1937-1940
[End of year figures. In millions of dollars, on various bases of valuation]
United State8 investments in foreign countries
Foreign investments in the United States
Long-term investments
Long-term investments
Year or area
Total
Shortterm
Market
securities
Direct
8,038
8,663
19,564
19,789
6,112
6,470
16,290
15,801
3,478
3,825
3,562
3,047
1,883
1,895
1,978
2,004
751
750
i?50
1750
1,926
2,193
3,274
3,988
1939— By countries and areas:
Canada
United Kingdom
Continental Europe
Latin America
.Rest of World
- .
54
43
147
119
195
1,339
2,805
3.936
461
923
1,060
2,350
2,468
120
192
506
1,164
1,703
79
110
476
851
566
19
66
78
335
199
22
16
2,437
279
455 -2,187
1,468 -2,283
341
3.670
227
731
1940— By countries and areas:
Canada
_ _._^_
United Kingdom L ..
Continental Europe
Latin America
Rest of World
46
25
84
129
126
1,441
2,447
4,208
584
1.009
1,005
2,079
2,330
123
164
444
883
1,558
82
80
483
861
573
19
68
78
335
199v
22
16
2,375
436
368 -1,781
1,878 -2,709
3,319
461
108
845
Direct
11,795
11,728
11,328
11,001
1937
1938^__
1939
1940- - .
Total
Total
Total
Portfolio
11,074
11,070
10,770
10,591
4,204
4,048
3,785
3,5,91
6,870
7,022
6,985
7,000
721
658
558
410
3,776
618
1,653
4,131
1,150
3,722
575
1,506
4,012
955
1,699
100
649
1,049
288
2,023
475
857
2,963
667
3,816
666
1,499
3,903
1,117
3,770
641
1,415
3,774
991
1,671
100
536
1,003
281
2,099
541
879
2,771
710
Other
i Includes 100 million dollars of United States national, State, and municipal bonds not included in the geographical distribution.
638
BANKING AND MONETARY STATISTICS
NO. 164-BANK OF ENGLAND-PRINCIPAL ASSETS AND LIABILITIES, YEARLY, 1914-1927; MONTHLY, 1928*1941
[In millions of pounds sterling]
Assets of issue
department
Date
Gold
Notes
Note
circulation*
Deposits
Public
Other
liabilities
Bankers'
and other
18.5
18.5
0.5
0.1
51.3
34.5
121.0
144.9
36.1
35.3
26.9
49.7
128.1
112.0
17.9
17.9
52.8
57.1
78.6
90.3
126.5
18.5
18.5
18.5
18.5
18.5
.5
.2
6
.8
31.6
29.6
26.7
17.4
12.1
163.6
153.2
163.2
199.2
193.9
39.7
45.9
70.3
87.4
113.4
52.1
42.0
23.6
19.2
14.3
126.7
124.2
149.0
180,6
175.6
17.9
17.9
17.8
17.8
17.9
126.6
125.6
126.2
126.7
142.8
18.5
18.5
19.8
19.8
19.8
.8
.8
.8
.8
.8
18.5
19.2
17.8
18.2
17.8
120.1
130.1
130.7
172,2
167.4
107.1
103.7
105.7
101.3
88. 5
16.1
13.3
15.7
8.5
8.4
106.5
119.9
116.8
165.8
160.7
17.9
17.9
17.8
17.9
17.9
149.9
151.5
19.8
19.8
1.3
.9
28.8
32,5
130.8
123.0
84.5
82.5
11.6
14.6
131.3
124.0
17.9
17.9
-.
_
155.3
156.4
157.3
159.2
160.9
169.6
173.2
173.2
170.6
163.5
19.8
19.8
19.8
19.8
19.8
19.8
19.8
19.8
19.8
19.8
.9
.8
.9
1.3
2.1
2.7
2.8
2.7
2.6
1.5
40.4
40.8
41.6
44.2
44.6
53.1
57.0
57.5
55.8
48.7
92.0
85.3
87.7
85.0
83.0
91.6
76.7
72.6
73.3
85.2
78.4
79.1
79.2
78.5
79.7
80,0
79.8
79.2
78.2
78.3
16.5
10.1
13.6
18.0
22.3
23.9
11.5
19.2
9.7
14.1
98.7
98.5 '
98.2
94.8
89.6
105.6
106. S
95.3
103.7
103.5
„
1921— Dec. 28
1922— Dec. 27
1923— Dec. 26
1924— Dec. 31
1925— Dec. 30.......-,
_
.
,„
1926— Dee. 29. ...
1927— Dec. 28
1928—Jan. 25
.
Feb. 29. . . . . _
...
Mar. 28
Apr 25
May 30
June 27
July 25
Aug. 29
Sept. 26 .... .
Oct. 31
._
„ ,___
Date
Gold
Other
assets1
!o
Assets of banking department
Assets of issue
department
Cash reserves
Coin
Notes
18.1
18.3
18.3
17.7
17.8
18.0
18.1
18.2
18.3
17.7
Liabilities of banking department
Note
circulation 2
Discounts
and
Securities
advances
Deposits
Bankers'
Public
Other
Other
liabilities
_
„_
1930— Jan. 29
Feb. 26
Mar. 26,Apr. 30 . ...
May 28 . .
June 25
July 30
Aug. 27
Sept. 24
Oct. 29
Nov. 26
Dec. 31
.
159.1
153.8
260.0
260.0
.8
.3
52.1
25.5
13.6
25.9
72.4
86.2
367.0
388.2
62.4
69.5
21.5
13.0
37.2
37.5
17.8
17.9
152.7
150.9
153.3
156.0
162.5
159.1
141.4
136.4
131.9
131.0
134.7
145.8
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
.3
.4
.4
.5
.8
1.1
1.2
1.3
1.3
1.1
.7
.2
57.1
58.6
51.5
58.8
62.4
56.3
29.6
32.3
30.9
32.2
40.2
26.3
9.7
8.4
13.0
10.9
8.2
27.0
10.0
3.8
3.2
5.9
15.3
22.3
66.4
58.6
67.7
59.9
62.5
61.8
86.4 i
95.5
91.0
89.1
75.6
84.9
355.6
352.3
361.8
357.3
360.1
362.7
371.8
364.0
361.1
358.8
354.6
379.6
58.2
57.0
58.2
58.4
56.3
67.4
60.3
58.0
57.0
58.1
58.2
71.0
19.2
14.0
19.7
18.3
24.3
24.7
11.1
20.5
14.7
14.4
17.4
8.8
37.9
36.7
36.4
35.7
35.3
36.2
37.7
36.1
36.4
38.1
38.2
35.8
18.1
18.3
18.3
17.7
17.8
18.0
18.1
18.2
18.3
17.7
17.8
17.9
150.1
151.3
155.1
163.3
157.2
156.9
152.3
154.8
156.3
159.5
156.6
147.6
1928— Nov. 28
Dec. 26
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
.3
.7
.9
.9
.9
.9
.0
.0
.1
.2
.0
.6
62.1
64.5
62.8
64.5
61.1
58.4
43.9
54.0
60.5
63.9
65.4
38.8
5.5
4.7
6.1
6.8
6.8
15.9
6.7
6.5
5.7
4.2
6.1
49.0
68.3
47.3
58.1
69.2
57.1
64.2
74.0
71.3
62.6
60.0
56.8
104.7
348.0
346.8
352.3
358.8
356.1
358.5
368.4
360.9
355.8
355.6
351.1
368.8
67.5
50.7
54.9
66.2
59.0
63.8
61.0
62.6
84.2
55.7
55.9
132.4
14.6
12.0
18.8
21.0
13.2
21.5
9.1
18.2
13.3
21.0
18.9
6.6
36.0
36.2
35.9
36.6
35.9
36.1
37.4
33.8
34.2
35.0
36.8
36.2
18.1
18.3
18.3
17.7
17.8
17,9
18.1
18.2
IS, 3
17.7
17.8
18,0
139.5
140.8
143.6
146.3
151.0
162.9
132.0
133.3
134.8
135.7
120.7
120.7
260.0
260.0
260.0
260.0
260.0
260.0
260.0
275.0
275.0
275.0
275.0
275.0
.7
.8
.9
.9
1.1
1.1
1.3
1.3
1.3
1.3
1.0
.6
52.7
53.2
54.8
56.5
56.2
70.1
32.7
58,0
52,6
54.6
41.3
31.6
9.7
8.5
11.4
7.2
6.8
9.6
9.7
9.3
14.8
10.5
12.7
27.3
62.9
64.4
52.1
56.7
59.8
57.5
79.2
78.2
94.9
84.6
87.8
133.0
346.8
347.7
348.8
349.8
354.9
352.8
359.4'
350.3
357.2
356.0
354.4
364.2
55.2
59.1
57.7
48.9
54.8
61.6
55.8
53.6
62.6
63.5
59.8
126.4
19.4
16.2
9.5
17.7
17.4
25.2
15.2
26.3
30.1
17.3
27.0
7.7
33.4
33.3
33.7 ;
37.0
33.8
33.5
33.7
48.7
52.6
52.6
38.1
40.3
18.1
18.2
18.3
17.7
17.8
17.9
18.1
18.2
18.3
17.7
17.8
18.0
For footnotes see end of table, p. 640.
Coin
Total
securities
69.0
51.3
.
1916— Dec. 27
.
1917— Deo. 26
1918— Dec. 25 ....
1919— Dec. 31
1920— Dec. 29
1931—Jan. 28 , .
Feb. 25
Mar. 25
Apr. 29
May 27
June 24
July 29
Aug. 26
Sept. 30.
Oct. 28
Nov. 25
Dec. 30
Cash reserves
Liabilities in banking department
„.____
1914— Dec. 30
1915— Dec. 29 .
1929— Jan. 30
Feb. 27
Mar. 27.—
Apr. 24
May 29
June 26
July 31
Aug. 28
Sept. 25
Oct. 30,
Nov. 27 . .Dec 25
Other
assets1
Assets of banking department
INTERNATIONAL FINANCIAL STATISTICS
639
NO. 164-BANK OF ENGLAND-PRINCIPAL ASSETS AND LIABILITIES, YEARLY, 1914-1927; MONTHLY, 1928-1941-Continued
[In millions of pounds sterling]
Assets of banking department
Assets of issue
department
Date
Gold
Other
assets1
Cash reserves
Coin
Notes
Liabilities of banking department
Note
Discounts
circulation2
Securities
and
advances
Deposits
Bankers'
Public
Other
Other
liabilities
120.8
120.8
120.8
120.8
125.0
136.1
137.7
138.9
139.4
139.4
139.4
119.8
275.0
275.0
275.0
275.0
275.0
275.0
275.0
275.0
275.0
275.0
275.0
275.0
.6
.6
.6
.7
.7
.8
.9
.9
1.0
1.0
1.0
.8
49.9
49.4
35.3
43.0
45.8
48.1
43.4
48.6
54.6
56.0
55.6
23.6
12.9
11.5
11.7
11.5
12.2
14.9
15.3
12.2
12.1
11.6
11.9
18.5
82.5
71.0
86.8
79.4
93.2
93.5
92.5
92.2
88.0
85.4
87.1
120.1
345.9
346.4
360.5
352.8
354.2
363.1
369.3
365.3
359.8
358.4
358.8
371.2
74.3
67.9
54.6
58.3
77.5
86.6
88.2
79.5
80.6
77.3
90.5
102.4
15.3
14.1
27.2
23.4
23.6
18.0
11.2
20.7
23.4
25.4
10.1
8 ."9
38.2
32.2
34.4
35.3
32.9
34.7
34.6
35.4
33.4
33.6
37.1
33.8
18.1
18.2
18.2
17.7
17.8
18.0
18.1
18.2
18.2
17.7
17,8
18.0
1933— Jan. 25 .
Feb. 22
Mar. 29
Apr. 26
May 31....
June 28
July 26
Aug. 30
Sept. 27
Oct. 25
Nov. 29
Dec. 27
123.6
142.2
171.8
185.9
186.3
189.4
190.1
190.3
190.4
190.4
190.6
190.7
275.0
275.0
275.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
.8
.7
.8
.9
1.1
1.2
1.3
1.4
1.4
1.3
1.2
1.0
45.4
61.0
79.7
74.0
72.3
74.2
72.8
76.3
79.6
81.2
80.4
58.7
11.6
11.9
11.8
11.6
11.3
16.6
11.2
10.0
9.2
8.5,
8.6
16.8
107.9
104.0
74.9
80.0
83.5
87.2
103.0
94.9
85.8
92.5
84.7
101.4
353.2
356.2
367.1
371.9
374.1
375.1
377.2
374.0
370.8
369.3
370.2
392.0
103.4
98,3
92.8
100.9
77.5
105.1
98.5
79.4
97.3
104.1
106.9
101.2
11.7
26.2
21.2
10.8
33.2
14.1
14.1
42.0
16.5
15.9
13.6
22.2
32.5
35.0
35.0
37.1
39.5
42.2
57.7
42.9
44.0
45.8
36.5
36.5
18.1
18.2
18,2
17.7
17.8
18.0
18.1
18.2
18.2
17.7
17.8
18.0
1934—Jan. 31—
Feb. 28
Mar. 28.. _ _
Apr. 25.
May 30
June 27
July 25
Aug. 29..
Sept. 26.
Oct. 31 '
Nov. 28
Dec. 26
190.9
191.0
191.1
191.2
191.3
191.5
191.6
191.8
191.9
192.0
192.1
192.3
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
.9
1.0
1.1
.9
.8
.7
.6
.6
.6
.6
.6
.5
84.2
83.6
72.3
77.5
73.2
69.8
67.6
72.5
74.9
73.6
72.4
47.1
8.2
5.8
5.6
5.3
5.6.
6.1
7.5
5.6
7.2
8.9
9.2
7.6
88.4
87.9
88.1
86.3
87.7
91.9
94.2
92.5
92.2
91.6
90.6
98.2
366.7
367.4
378.8
373.7
378.1
381.7
383.9
379.3
377.0
378.4
379.7
405.2
100.6
90.3
94.5
99.5
99.4
96.3
104.8
83.7
82.0
100.4
89.1
89.1
25.2
32.1
17.5
15.8
14.0
17.6
10.9
34.0
37.9
16.9
27.7
9.9
37.8
37.7
36.9
37.0
36.1'
36,5
36.1
35.2
36.8
39.8
38.1
36.4
18.1
18.2
18.3
17.7
17.8
18.0
18.1
18.2
18.3
17.7
17.8
18.0
1935— Jan. 30
Feb. 27.
Mar. 27
Apr. 24
May 29
June 26
July 31
Aug. 28
Sept. 25
Oct. 30
Nov. 27 .
Dec. 25
192.4
192.5
192.5
192.6
192.6
192.7
192.8
193.4
193.6
194.7
197.6
200.1
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
.6
.6
.6
.5
.8
.6
.6
.7
.8
.8
.8
.6
77.5
75.1
71.1
59.4
62.2
55.9
44.5
53.8
55.4
54.8
56.3
35.5
9.3
6.2
5.6
5.8
5.3
10.2
10.8
12.9
12.4
11.2
9.5
8.5
92.7
92.0
99.0
97.4
96.7
108.6
100.7
93.5
95.4
98.2
98.4
94.7
374.9
377.4
381.4
393.2
390.4
396.9
408.3
399.6
398.2
399.9
401.3
424.5
99.0
95.5
96.6
98.1
88.0
102.4
75.7
96.9
87.2
' 82.5
90.9
72.1
20.9
19.4
20.1
7.6
23.1
16.2
24.4
9.4
19.5
26.2
19.7
12.1
42.1
40.7
41.2
39.6
36.0
38.8
38.5
36.5
39.0
38.6
36.5
37.1
18.2
18.2
18.3
17.7
17.8
18.0
18.1
18.2
18.3
17.7
17.8
18.0
1936—Jan. 29
Feb. 26
Mar. 25
Apr. 29
May 27__
June 24.
July 29
Aug. 26
Sept. 30.......
Oct. 28
Nov. 25
Dec. 30
200.5
200.6
200.6
202.7
206.4
216.3
239.9
244.8
248.7
248.7
248.7
313.7
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
260.0
200.0
.6
.7
.8
.8
.9
1.0
1.0
1.1
1.1
1.0
.7
.6
63.3
60.7
54.1
45.9
40.3
41.5
51.4
61.3
59.3
65.9
63.1
46.3
18.8
11.0
5.-0
8,3
6.7
7.6
7.1
9.2
8.6
6.6
6.8
17.5
94.0
96.2
97.0
114.0
104.7
116.1
115.5
102.6
100.7
99.7
98.6
155.6
397.1
399.9
406.5
416.9
426.1
434.8
448.6
443.4
449.4
442.7
445.6
467.4
106.0
106.2
83.6
104.7
78.3
90.8
75.2
100.9
60.7
86.5
97.6
•150.6
15.9
8.8
18.0
7.5
19.8
20.0
42.3
17.2
49.7
27.6
12.1
12.1
36.7
35.5
37.0
39.0
36.7
37.4
39.4
37.8
40.9
41.4
41.7
39.2
18.2
18.2
18.3
17.7
17.8
17.9
18.1
18.2
18.3
17.7
17.8
18.0
1937—Jan. 27
Feb. 24
Mar. 31 ..
Apr. 28 .
May 26
June 30. _
July 28
Aug. 25
Sept. 29
Oct. 27
Nov. 24
Dec. 29
313.7
313.7
313.7
313.7
321.3
326.
326.
326.
326.
326.
326.
326.4
200.0
200.0
200.0
200.0
200.0
200.0
200.0
200.0
200.0
200.0
220.0
220.0
.4
.7
'1.0
1.0
.9
.9
1.1
1.5
1.7
1.6
1.5
.8
61.4
58.6
39.8
44.8
46.0
38.0
28.1
38.1
37.9
43.3
66.0
41.1
8.0
4.9
7.1
5.5
4.9
6.3
5.8
4.3
6.2
8.1
8.6
9.2
97.4
105.3
123.4
119.7
119.7
164.3
135.2
128.5
126.6
121.1
97.0
135.5
452.3
455.1
473.8
468.8
475.2
488.4
498.3
488.3
488.5
483.1
480.4
505.3
98.4
100.4
62.3
87.6
91.4
140.5
104.3
92.8
95.1
87.7
83.6
120.6
12.1
13.0
52.2
26.2
24.9
10.8
10.5
25.4
21.8
32.2
35.4
11.4
38.4
37.9
38.5
39.6
37.5
40.2
37.3
36.0
37.2
36.6
36.3
36.6
18.1
18.2
18.3
17.7
17,8
18.0
18.1
18.2
18.3
17.7
17.8
18.0
1932—Jan. 27
Feb. 24
Mar. 30
Apr. 27
May 25
June 29
July 27 •
Aug. 31.
Sept. 28
Oct. 26
Nov. 30
Dec. 28
„,._
For footnotes see end of table, p. 640.
640
BANKING AND MONETARY STATISTICS
NO. 164-BANK OF ENGLAND-PRINCIPAL ASSETS AND LIABILITIES, YEARLY, 1914-1927; MONTHLY, 1928-1941-Continued
[In millions of pounds sterling]
Assets of banking department
Assets of issue
department
Date
Other
assets1
Gold
Cash reserves
Coin
Note*
Liabilities of banking department
Note
circulation2
Discounts
and
Securities
advances
Deposits
Bankers'
Public
Other
Other
liabilities
1938—Jan. 26 .„_..
Feb. 23 . „_„._
Mar. 30
Apr. 27 ,„.„.. .-.
May 25
June 29
...
..
July 27 , . .
Aug 31
Sept. 28 _ _ _ _ _ _ _
Get 26
Nov. 30
___ ..
Dec. 28
. .
326.4
326.4
326.4
326.4
326.4
326.4
326.4
326.4
326.4
326.4
326.4
326.4
200.0
200.0
200.0
200.0
200.0
200.0
200.0
200.0
200.0
200.0
200.0
230.0
.6
.8
.8
.8
.8
.9
.1
.3
.5
.4
.2
.8
53.2
51.9
41.0
37.1
46.2
41.2
33.1
46.0
25.5
43.9
45.6
51.7
10.4
6.5
8.7
7.1
9.5
7.3
9.5
5.4
7.3
4.2
17.6
28.5
117.9
116,9
131,0
133.4
115.1
140.6
137.0
124.4
135.6
129.2
110.8
90.7
473.2
474.5
485.4
489.3
480.2
485.2
493.3
480.4
500.9
482.5
480.8
504.7
113.1
105.6
108.1
113.3
91.2
125.5
116.4
94.7
99.9
100.4
97.1
101.0
13.6
16.7
17.8
10.9
26.5
10.5
11.2
27,8
11.4
25.0
23.1
15.9
37.3
35.5
37.4
36.5
36.1
36.1
35.1
36.4
40.2
35.5
37.2
36.8
18.1
18.3
18.2
17.7
17.8
17.9
18.1
18.2
18.2
17.7
17,8
18,0
1939— Jan. 25
„
Feb. 22
Mar. 29
Apr. 26
May 31
June 28
July 26
._.
Aug. 30
Sept. 27....... ......
Oct. 25 „ . _ _ _
Nov. 29
Dec. 27
.
3126.4
126.4
3*226.2
226.2
226.2
226.4
3246.4
263.0
.2
.2
.2
400.0
400.0
300.0
300.0
300.0
300.0
300.0
300.0
580.0
580.0
580.0
580.0
.7
1.0
1.1
.9
.6
.7
.6
.7
.7
.9
.1
.0
62.6
53.7
44.2
37.1
26.4
27.4
35.5
33.5
38.3
53.0
51.6
25.6
18.8
17.5
4.8
6.2
8.0
6.8
8.0
6.4
2.5
4.6
4.5
4.3
103.9
100.6
124.8
129.5
140.7
136.7
128.0
137.8
144.2
127.7
132.1
176.1
463.8
472.7
482.0
489.1
499.8
499.0
510.9
529.5
541.8
527.1
528.7
554.6
118.2
103.1
98,5
91.4
82.4
101.4
91.4
90.1
107.1
116.8
103.5
117.3
12.9
16.3
21.8
27.0
38.3
15.4
26.0
31.1
19.8
12.6
27.8
29.7
36.7
35.1
36.3
37.6
37.1
37.0
36.7
39.0
40.5
39.2
40.2
42,0
18.1
18.2
18.2
17.7
17,8
17,9
18.1
18.2
18.3
17.7
17,8
17.9
1940—Jan. 31
Feb. 28
Mar. 27
Apr. 24
„_._„„
May 29. .......
June 26
July 31
___.„„
Aug. 28 _ ...
Sept. 25
Oct. 30
Nov. 27
Dec. 25
.2
.2
.2
.2
.2
.2
.2
.2
.2
.2
.2
.2
580.0
580.0
580.0
580.0
580.0
6630.0
630.0
630.0
630.0
630.0
630.0
630.0
.8
.0
.1
.0
.4
.5
.9
.7
.8
.5
1.0
.9
52.5
49.0
37.1
43.1
23.4
28.1
20.7
20.2
25.5
38.7
36.9
13.3
3.1
2.8
6.1
4.9
2.9
4.7
3.3
3.9
3.5
3.0
6.9
4.0
143.9
149.4
157.2
153.5
171.6
174.6
174.4
172.6
169.7
153.3
161.2
199.1
527.7
531.2
543.1
537.1
556.6
602.2
609.5
610.0
604.8
591.6
593.3
616.9
98.1
99.4
98.0
103.4
94.9
82.7
106.3
118.7
116.0
108.0
110.8
135.7
39.7
45.7
43.1
40.7
36.1
58.0
22.7
8.8
13.5
18.3
27.1
12.5
44.3
38.9
42.2
40.6
50.5
50.3
52.3
51.8
51.9
51.5
50.3
51.2
18.0
18.1
18,2
17.7
17.8
17.9
18.0
18.1
18.1
17.7
17.8
17.9
1941— Jan. 29
Feb. 26
.__
Mar. 26
Apr. 30...- _ .
May 28 .
June 25
July 30..
Aug. 27
Sept. 24
„
Get. 29
Nov. 26.._-- —
Dee. 31
.2
.2
.2
.2
.2
.2
.2
.2
.2
.2
.2
.2
630.0
630.0
630.0
6680. 0
680.0
680.0
680.0
680.0
5730.0
730.0
730.0
6780.0
1.0
1.4
1.1
1.5
1.6
1.7
1.7
1.8
1.6
1.3
.6
.3
31.0
27.0
18.8
56.9
50.7
41.3
21.8
15.5
58.8
36.9
20.2
28.5
3.8
3.7
45.3
28.3
11.4
6.9
6.5
6.4
4.6
4.5
4.0
6.4
175.4
175.4
145.8
133.7
149.4
156.2
181.7
183.9
149.8
163.3
192.3
267.8
599.2
603.2
611.5
623.4
629.5
639.0
658.4
664.7
671.4
693.3
710.0
751.7
107.9
121.7
118.6
131.8
110.9
112.5
132.1
125.7
133.9
117.0
136.4
219.9
32.4
14.6
22.0
13,6
32.3
25.3
11.3
14.9
10 .6
13.7
9.8
11.2
53.0
53.0
52.3
57.2
52.1
50.4
50.
49.
52.
57.
53.
54.
18.0
18.1
18.1
17.7
17.8
17.8
17.9
18.0
18.1
17.7
17.8
17.9
3.1
1
Securities and silver coin held as cover for fiduciary issue, the amount of which is also shown by these figures. The Currency and Bank Notes
Act, 1928, fixed this issue at £260,000,000, and it has subsequently been altered by direction of the British Treasury under the terms of this Act
and 2 accordance with the Currency and Bank Notes Act, 1939.
in
Notes issued less a mo tints held in banking department and—from 1919 through October 1928—amounts held in currency note account.
' On January 6, 1939, £200,000,000 of gold (at legal parity) transferred from Bank to Exchange Equalization Account; on March 1, 1939', about
£5,500,000 (at current price) transferred from Exchange Account to Bank; on July 12, 1939, £20,000,000 of gold transferred from Exchange Account
to_Bank; on September 6, 1939, £279,000,000 transferred from Bank to Exchange Account.
* Effective March 1, 1939, gold valued at current prices instead of legal parity.
* Fiduciary issue increased by £50,000,000 on June 12, 1940, and April 30, August 30, and December 3, 1941.
INTERNATIONAL FINANCIAL STATISTICS
641
NO. US-BANK OF FRANCE-PRINCIPAL ASSETS AND LIABILITIES, YEARLY, 1915-1927; MONTHLY, 1928-1941
[In millions of francs]
Liabilities
Assets
Date
Gold
reserve
Gold,
silver, and
foreign
exchange
Loans
and
discounts
Advances Treasury
to Govbonds
ernment discounted
Other
assets
Balance
sheet
total*
Deposits
Note
circulation
Government
Other
Other
liabilities
1915— Dec, 30
5,015
1,410
3,414
5,001
630
826
16,297
13,310
174
2,183
630
1916— Dec. 28
1917— Dec 27
1918— Dec. 26
1919— Dec. 26
1920— Dec 30
3,383
3,314
3,440
3,600
3,552
2,820
3,069
4,716
3,546
2,899
3,270
3,271
3,266
3,356
5,908
7,400
12,500
17,150
25,500
26,600
1,800
3,220
3,526
3,755
3,980
962
1,093
2,015
2,405
2,043
19,634
26,468
34,114
42, 163
44,982
16,679
22,336
30,250
37,275
37,902
15
252
112
76
57
2,340
2,990
2,527
3,265
3,624
600
889
1,226
1,546
3,400
3,576
3,670
3,676
3,681
3,684
2,858
2,761
2,756
2,761
2,760
4,798
4,506
6,053
8,158
6,696
24,600
23,600
23,300
22,600
35,950
4,142
4,355
4,583
4,872
5,213
2,588
2,532
2,769
3,517
4,116
42,562
41,424
43,138
45,589
58,419
36,487
36,359
37,905
40,604
51,085
26
20
20
14
12
2,806
2,389
2,463
2,168
3,441
3,243
2,656
2,750
2,804
3,881
1926— Dec. 30
1927— Dec. 29
3,684
3,681
3,846
4,641
6,509
3,832
36,000
24,550
5,576
5,881
5,778
27,700
61,39470,285
52,907
56,551
14
26
6,014
10,589
2,458
3,119
1928—Jan. 26
Feb 23
Mar. 29
Apr 26
May 31
3,680
3,680
3,680
3,679
3,679
4,677
4,696
4,705
4,728
5,243
3,308
3,397
4,045
3,623
4,624
23,500
22,400
23,150
23,050
21,700
5,894
5,912
5,930
5,930
5,930
28,525
27,571
27,233
29,430
31,987
69,583
67,656
68,742
70,439
73,163
57,128
57,702
58,580'
59,198
59,195
32
80
5
195
149
11,006
8,410
8,511
9,484
9,049
1,417
1,464
1,647
1,562
4,770
1921— Dec. 29
1922— Dec. 28
1923— Dec. 27
1924— Dec. 26
1925— Dec 31
_
_„
_
Liabilities
Assets
Date
Gold
1928—June 29
July 27
Aug. 31
Sept. 28
Oct. 26
Nov. 30
Dec 28
1930—Jan. 31
Feb. 28
Mar. 28
Apr 25
May 30
June 27
July 25
Aug 29
Sept 26
Oct. 30
Nov. 28
Dec 26
1931— Jan, 30,
Feb 27
Mar 27
Apr. 24
May 29
June 26
July 31
Aug. 28
Sept 25
Oct. 30 ...
Nov. 27
Dec 30
Open
market
Other
Loans on
securities
Other
assets
Balance
sheet
total1
Deposits
Note
circulation
Government
Other
Other
liabilities
_
__
...
5,930
5,930
5,930
5,930
5,930
5,930
5,930
3,567
3,295
2,040
.4,156
4,153
3,252
5,667
1,837
1,904
2,043
2,017
2,099
2,283
2,223
5,952
6,156
6,944
6,070
5,996
7,546
6,100
82,473
83,631
83,697
83,416
83,191
84,162
84,622
60,628
60,436
62,184
62,654
61,327
62,660
63,916
6,488
9,354
10,231
10,960
11,928
12,576
12,214
5,294
5,869
5,751
5,169
6,880
6,119
7,018
310,063
87,972
35,532
34,634
33,057
32,807
1,475
33,995
34,038
34,186
35,788
36,596
36,625
37,300
38,930
39,411
40,051
40,808
41,668
30,527
29,945
29,011
27,082
26,212
25,750
25,849
25,835
25,832
25,925
25,848
25,942
5,930
5,930
5,930
5,930
5,769
5,769
5,769
5,612
5,612
5,612
5,612
5,612
5,054
5,239
6,838
6,454
5,822
8,176
8,429
9,553
9,175
8,637
10,684
8,624
2,198
2,263
2,322
2,283
2,444
2,322
2,353
2,335
2,401
2,594
2,471
2,521
6,241
6,225
6,159
6,311
8,020
6,064
5,804
5,703
5,769
7,654
5,980
5,602
83,945
83,639
84,446
83,848
84,863
84,704
85,504
87,967
88,199
90,472
91,403
89,970
62, 153
62,506
64,575
62,848
64,316
64,921
64,135
66,468
66,639
68,267
68,159
68,571
12,712
12,300
11,617
11,876
11,431
11,041
12,179
13,444
13,629
13,373
13,871
11,737
7,495
7,175
6,603
7,283
7,176
7,075
7,420
6,175
5,958
6,681
7,105
7,850
1,586
1,659
1,652
1,842
1,939
1,667
1,769
1,881
1,973
2,151
2,268
1,812
42,921
42,855
42,557
42,351
43,809
44,052
45,283
47,242
48,431
50,807
51,967
53,578
.. _
336,197
336,427
336,389
334,620
334,228
333,551
32,726
25,715
25,694
25,666
25,638
25,562
25,633
26,083
25,602
25,594
25,616
25,897
26,179
5,452
5,452
5,396
5,395
5,395
5,395
5,395
5,304
5,304
5,304
5,304
5,304
5,939
5,330
6,408
5,704
7,654
6,292
6,228
6,469
6,188
7,104
8,777
8,429
2,578
2,658
2,535
2,592
2,541
2,693
2,682
2,731
2,796
2,770
2,868
2,901
7,449
7,142
5,949
5,935
5,879
6,040
6,075
6,379
6,228
6,979
6,687
6,609
90,056
89,131
88,510
87,615
90,839
90,104
91,747
03,727
94,542
98,580
101,500
103,000
70,339
71,116
70,826
70,770
73,079
72,594
72,110
73,677
73,053
74,787
75,951
76,436
10,172
8,767
6,802
'6,554
5,363
4,938
9,132
10,109
10,509
13,089
13,354
12,624
7,512
7,136
8,719
7,997
10,062
10,420
8,363
7,734
8,780
8,378
9,833
11,698
2,032
2,111
2,164
2,294
2,335
2,152
2,142
2,207
2,200
2,327
2,362
2,241
55,510
55,924
56,116
55,616
55,634
56,426
58,407
58,563
59,346
64,648
67,844
68,863
26,323
26,316
26,307
*26,305
26,160
26,209
26,242
27,611
25, 194
27,600
24,273
21,111
5,199
5,199
5,082
5,082
5,082
5,082
5,065
5,065
5,065
5,065
5,065
7,157
9,463
8,250
7,084
6,502
6,190
5,576
4,564
5,820
5,880
8,809
7,766
7,389
2,866
2,801
2,858
2,795
2,806
2,779
2,860
2,729
2,754
2,712
2,731
2,730
6,898
6,982
7,026
7,134
7,316
6,807
8,958
8,193
8,099
8,428
8,647
8,545
106,259
105,471
104,474
103,435
103,188
102,878
106,096*
107,981
106,338
117,262
116,326
115,795
78,559
78,947
77,864
77,231
78,185
76,927
79,862
78,635
78,173
83,639
82,543
85,725
13,844
13,339
11,773
11,680
9,940
8,513
9,303
9,470
7,357
8,227
7,170
5,898
11,659
10,963
12,577
12,062
12,669
15,187
14,736
17,649
18,542
22,954
24,171
22,183
2,198
2,221
2,260
2,462
2,394
2,250
2,195
2,227
2,266
2,441
2,442
1.989
For footnotes see end of table, p. 643.
Domestic bills
228,990
29,918
30,351
30,623
30,786
31,600
31,977
,
1929—Jan. 25
Feb 22
Mar. 29
Apr 26
May 31
June 28
July 26
Aug 30
Sept 27
Oct. 31
Nov. 29
Dec 27
Foreign
exchange
642
BANKING AND MONETARY STATISTICS
NO. 165-BANK OF FRANCE-PRINCIPAL ASSETS AND LIABILITIES, YEARLY, 191M927; MONTHLY, 1928-1941-Continued
[In millions of francs]
Assets
Date
Domestic bills
Foreign
exchange
Gold
Liabilities
Open
market
Loans on
securities
Other
Other
assets
Balance
sheet
total1
Note
circulation
Deposits
Government
Other
Other
liabilities
1932—Jan. 29,..
Feb. 26..
Mar. 25..
Apr. 29..
May 27..
June 24..
July 29..
Aug. 26_.
Sept. 30.
Oct. 28-_
Nov. 25..
Dec. 30..
71,625
75,059
76,832
77,862
79,470
82,100
82,168
82,239
82,681
82,909
83,342
83,017
18,805
15,127
12,632
11,800
9,001
6,332
5,482
5,389
4,977
4,984
4,853
4,484
6,882
6,881
6,881
6,881
6,626
6,621
6,621
6,621
6,621
6,621
6,802
6,555
5,544
4,820
4,690
4,160
3,929
3,905
3,467
2,604
3,637
3,266
3,438
2,744
2,707
2,716
2,735
2,700
2,715
2,747
2,761
2,783
2,764
2,500
2,515
8,278
8,329
8,371
8,697
8,684
8,634
8,994
8,878
9,686
9,145
9,008
9,196
114,907
113,650
112,251
112,665
110,895
110,336
109,916
109,355
109,353
110,059
109,589
109,452
84,723
83,189
81,782
82,774
81,418
80,667
82,118
79,912
82,459
82,205
81,536
85,028
4,722
3,637
3,526
3,111
3,432
2,881
3,740
3,982
3,010
4,553
2,931
2,311
23,552
24,899
24,962
24,827
24,128
24,621
22,033
23,426
21,876
21,229
22,969
20,072
1,910
1,925
1,980
1,953
1,917
2,167
2,025
2,035
2,009
2,071
2,153
2,041
1933-Jan. 27.,.
Feb. 24...
Mar. 31...
Apr. 28...
May 26...
June 30.,.
July 28...
Aug. 25...
Sept. 29..
Oct. 27...
Nov. 24...
Deo. 29...
82,167
81,017
80,409
80,866
80,951
81,243
81,976
82,227
82,095
81,032
77,822
77,098
4,434
4,401
4,376
3,846
3,887
3,990
3,975
2,652
2,632
2,586
1,250
1,158
6,647
6,621
6,595
6,582
6,489
6,463
6,417
6,393
6,238
6,186
6,122
3,142
3,303
3,352
3,805
3,449
2,791
3,461
3,207
3,475
3,560
4,092
4,739
2,537
2,580
2,714
2,649
2,675
2,766
2,661
2,688
2,765
2,781
2,814
2,921
9,172
9,119
9,801
8,861
8,534
9,243
8,503
8,543
8,716
8,450
8,533
8,251
108,131
107,067
107,274
106,623
106,077
106,521
107,040
105,733
106,077
104,647
100,699
100,290
83,314
83,986
86,096
84,992
83,267
84,708
82,853
81,143
82,994
81,099
80,368
82,613
2,269
2,226
2,235
2,340
2,265
2,338
2,752
2,775
3,685
4,027
2,956
2,322
20,474
18,731
16,850
17,181
18,393
17,376
19,267
19,657
17,242
17,301
15,016
13,414
2,074
2,124
2,093
2,109
2,152
2,100
2,168
2,158
2,156
2,220
2,359
1,940
1934—Jan. 26.....
Feb. 23___.
Mar. 30....
Apr. 27....
May 25....
June 29....
July 27...,
Aug. 31....
Sept. 28....
Oct. 26
Nov. 3 . .
0..
Dec. 2 . .
8..
77,055
73,971
74,613
75,756
77,466
79,548
80,252
82,037
82,281
82,476
82,097
82,124
1,130
1,070
1,068
1,066
1,094
1,157
1,155
1,082
962
931
960
963
6,119
6,114
6,007
5,973
5,950
5,929
5,913
5,913
5,898
5,898
5,898
5.837
4,486
5,963
6,198
5,707
5,011
4,386
4,248
3,116
4,146
3,996
3,068
3,971
2,932
2,972
3,016
3,060
3,076
3,054
3,140
3,134
3,101
3,228
3,211
7,870
7,960
8,229
8,152
8,202
8,278
8,150
9,060
8,254
8,264
8,849
8,288
99,553
98,011
99,087
99,669
100,783
102,374
102,773
104,349
104,675
104,666
104,100
104.395
79,474
81,024
82,833
81,502
79,992
82,058
80,809
81,732
81,479
79,467
81,879
83,412
2,270
1,868
1,721
2,024
2,996
3,291
3,515
3,884
3,674
5,287
4,829
3,718
15,836
13,067
12,632
14,199
15,681
15,188
16,547
16,880
17,673
17,966
15,522
15,359
Liabilities
Deposits
1,972
2,052
1,900
1,944
2,114
1,837
1,901
1,853
1,850
1,946
1,869
1,907
Domestic bills
Date
Gold
Foreign Open
exchange market
Special
Other
Loans on
Advances ShortOther
Other
term
to
Govern- Govern- securities
ment
ment
securities
sheet
total1
7,970
7,914
8,074
7,967
8,691
7,999
8,077
8,212
8,023
7,939
8,032
7,879
103,935
103,826
104,868
103,154
99,869
98,065
97,563
98,211
98,358
98,875
96,770
94,841
1935—Jan. 25..,
Feb. 22..
Mar. 29..
Apr. 26_.
May 31..
June 28..
July 26..
Aug. 30..
Sept. 27 .
Got. 30..
Nov. 29..
Dec. 27..
82,014
82,040
82,635
80,933
71,779
71,017
71,277
71,742
71,952
71,990
66,191
66,296
962
961
1,017
1,066
2,150
1,210
1,240
1,236
1,232
1,262
1,385
1,328
5,837
5,833
5,833
5,805
5,805
5,805
5,805
5,800
5,800
5,800
5,800
5,800
4,003
3,998
4,170
4,280
7,137
8,021
7,301
7,575
8,060
8,373
11,005
9,712
20
10
937
735
692
543
192
371
1,090
573
1936—Jan. 31
Feb 28,
Mar. 27
Apr. 24
May 29
June 26
July 31
Aug. 28.....
Sept. 25
Got, 30
Nov. 27
Dec. 30
65,223
85,789
65,587
61,937
57,022
53,999
54,942
54,511
50,111
2
64,359
64,359
60,359
1,324
1,309
1,297
1,305
1,426
1,297
1,270
1,250
1,245
1,471
1,466
1,460
5,708
5,708
5,708
6,708
5,708
5,708
5,708
5,640
5,640
6,640
5,640
5,640
9,210
9,758
12,053
14,392
19,381
7,750
6,041
7,063
7,484
7,332
8,056
8,465
14,333
14,333
14,333
15,903
12,303
12,298
17,698
3,350
932 • 3,250
671 3,325
623 3,349
796 3,381
1,048 3,441
1,461 3,555
3,454
3,553
3,447
702 3,464
715 3,583,
1.435
57,359
1937—Jan. 29...
1,323
57,359
Feb, 26..
1,194
57,359
Mar. 26..
1,112
57,359
Apr. 30..
1,053
67,359
May 27..
1,058
64,859
June 24..
951
*55,677
July 29..
911
65,718
Aug. 26..
825
55,805
Sept. 30..
829
55,805
Oct. 28 __
58,932
965
Nov. 26..
911
58,933
Dec. 30..
For footnotes see opposite page.
6,640
5,640
5,640
5,642
6,642
5,641
5,641
5,637
5,637
5,637
5,637
5,580
8,553
8,990
8,440
7,639
8,377
9,366
10,197
8,655
9,799
10,620
9,655
10,066
19,772
19,772
20,066
19,991
19,980
21,380
23,887
25,218
25,999
26,918
26,918
31,909
1,168
873
225
965
385
776
958
476
1,340
483
314
675
27
547
925
1,379
1,620
1,524
1,514
-1,470
1,437
1,260
991
833
600
662
722
652
3,149
3,080
3,119
3,094
3,371
3,277
3,171
3,103
3,098
3,141
3,267
3,253
3,701
3,594
3,698
3,918
3,777
4,013
4,064
3,763
4,175
3,710
3,675
3,781
Other
liabilities
Note Governcircula- ment
tion
Other
81,686
81,917
83,044
82,352
82,776
82,099
81,128
82,240
82,399
83,306
82,447
81,150
3,751
3,619
3,668
3,703
2,771
2,983
3,241
3,244
3,051
2,862
2,826
2,862
16,473
16,328
16,213
15,145
12,315
10,969
11,090
10,666
10,848
10,647
9,361
8,716
2,624
1,962
1,943
1,954
2,008
2,013
2,105
2,062
2,060
2.059
2,136
2,113
8,724 94,508
8,186 94,933
8,028 96,668
95,507
8,193
8,134 95,848
8,015 95,590
8,699 96,008
8,125 95,185
9,643 94,445
8,204 103,970
8,029 104,939
8,344 107,643
81,503
81,239
83,197
82,557
84,705
85,106
85,892
84,324
83,750
87,198
86,651
89,342
2,798
2,854
8,088
8,706
8,434
7,895
6,909
6,528
6,254
7,037
6,660
9,247
13,058
13,655
2,119
2,134
2,148
2,334
2,383
2,652
2,267
2,301
2,356
3,653
3,160
2,657
8,209
8,236
8,543
9,256
8,158
8,110
8,467
8,417
8,558
7,218
7,343
7,277
87,688
87,062
85,746
87,063
85,745
85,985
89,307
88,255
91,370
91,336
90,131
93.837
15,280
15,386
16,404
13,408
14,766
15,710
15,812
15,927
15,886
14,679
17,893
19,326
2,534
2,547
2,552
2,518
2,502
2,649
3,152
3,196
3,133
3,121
3,452
3,190
107,457
107,310
106,679
107,351
106,168
106,454
110,834
109,630
112,739
111,784
114,162
119,784
2,722
1,850
1,305
1,594
1,623
1,679
3,973
2,069
1,955
2,315
1,977
4,361
3,154
2,209
2,563
2,251
2,351
2,648
2,686
3,461
INTERNATIONAL FINANCIAL STATISTICS
643
NO. 165-BANK OF FRANCE-PRINCIPAL ASSETS AND LIABILITIES, YEARLY, 1915-1927; MONTHLY, 1928-1941-Continued
[In millions of francs]
Assets
Domestic bills
Date
Gold
Foreign
exchange
Open
market
Liabilities
Loans on
Advances
Other
to
ShortGovern- term
Other
assets
ment Govern- securities
ment
securities
Deposits
Balance
sheet
Note
total* circulation Govern- * Other
ment
12,053
11,582
10,321
10,865
9,024
5,497
7,133
8,241
642 20,293
14,694
1,550
1,611 11,021
1,797 . 7,880
31,904
31,904
38,574
40,134
40,134
40, 134
40,134
40,134
50,134
48,134
20,627
20,627
925
866
997
879
113
552
623
331
1,311
1,600
1,559
443
3,824
3,652
3,825
3,700
3,454
3,614
3,545
3,545
4,362
3,865
3,739
3,612
7,019
7,187
8,361
7,288
7,334
8,258
7,117
7,364
8,410
7,427
14,185
14,442
121,949
118,268
124,878
125,711
122,852
120,693
121,067
122,289
148,506
140,643
147,927
144,310
92,255
92,740
98,095
98,519
98,923
102,087
101,117
99,065
124,428
110,446
106,798
110,935
2,689
2,226
2,233
2,802
3,248
3,245
3,135
2,891
2,825
3,642
6,169
5,061
23,720
20,147
21,409
21,237
17,525
12,769
14,207
17,684
18,593
23,827
31,955
25,595
3,286
3,154
3,141
3,154
3,155
2,592
2,608
2,649
2,660
2,727
3,004
2,718
Other
Special
Other
liabilities
1938—Jan. 27
Feb. 24
Mar. 31
Apr. 28
May 25
June 30
July 28
Aug. 25.
Sept. 29..
.
Oct. 27 . .
Nov. 2 4 _ . _ _ _ _ _ .
Dec. 29
58,933
55,807
55,807
55,807
55,808
55,808
55,808
55,808
55,808
55,808
287,264
87,265
871
874
845
830
813
804
782
767
764
763
888
821
5,580
5,575
5,575
5,575
5,575
5,850
5,835
6,098
6,781
6,802
7,032
7,422
1939- Jan. 26
Feb. 23 .
Mar. 30
Apr. 27
May25_...
June 29
July 27
Aug. 31 .
Sept. 2 8 _ _ _ _ _ _ _ ,
Oct. 26..
Nov. 3 0 _ _ _ _ _ _ _ _
Dec. 28
87,266
87,266
87,266
492,266
92,266
92,266
92,266
'97,266
97,266
97,266
97,266
97,267
761
759
758
756
754
722
722
218
212
85
120
112
8,004
7,801
8,631
8,609
8,164
8,074
8,316
9,396
9,734
10,038
10,565
11,273
1,996
2,014
2,054
2,165
2,276
2,279
2,275
1,708
1,958
2,007
1,626
2,345
6,193
5,462
5,733
6,012
4,774
5,009
5,000
15,009
14,830
8,298
5,206
5,149
20,627
20,627
20,627
20,577
20,577
20,577
20,577
20,577
22,777
25,473
30,473
34,673
136
73
172
127
78
374
472
2,412
930
336
454
174
3,389
3,317
3,332
3,362
3,401
3,471
3,461
3,805
3,661
3,576
3,581
3,482
14,099
14,308
14,558
14,452
14,264
14,753
14,458
16,016
16,482
17,100
17,769
16,438
142,471
141,626
143,131
148,324
146,554
147,523
147,547
166,408
167,850
164,179
167,061
170,913
109,378
111,162
119,748
124,666
121,391
122,611
123,239
142,359
144,562
144,379
149,370
151,322
5,445
5,079
3,955
3,755
4,573
5,188
5,468
3,304
2,342
2,004
1,953
1,914
24,935
22,556
16,702
17,255
17,570
16,909
16,058
18,038
18,022
14,790
12,392
14,751
2,713
2,830
2,726
2,649
3,020
2,816
2,781
2,708
2,926
3,006
3,346
2,925
97,268
97,275
84,614
84,615
84,616
84,616
84,616
111
109
111
112
102
108
C6)
11,861
12,505
42,645
42,694
44,083
44,173
(5)
2,235
1,810
1,870
1,781
1,889
1,518
C6)
5,011
4,630
5,005
5,769
14,473
11,885
C5)
35,673
40,523
20,550
20,900
32,600
36,250
57,715
229
465
320
228
2,320
2,534
C6)
3,444
3,403
3,376
3,411
3,716
3,822
(6)
15,963
16,917
15,970
15,666
16,694
18,865
C6)
171,795
177,638
174,461
175,176
200,492
203,771
(6)
151,738
156,150
156,032
156,285
170,853
174,469
197,047
1,834
1,203
1,154
1,171
1,046
1,049
1,082
14,965
17,128
14,262
14,681
25,782
25,405
30,829
3,259
3,156
3,014
3,038
2,811
2,848
0)
1940— Jan. 25
Feb. 29.
Mar. 28
Apr. 25. _
May 30
June 10
Aug. 1
,
2 4
841
821
573
632
596
177
89
Liabilities
Assets
Advances to
Government
Domestic bills
Date
1940— Aug. 29
Sept. 26
Oct. 31
Nov. 28
Dec. 26
1941— Jan. 30
Feb. 27. _ _ _ _ _ _
Mar. 27
Apr. 30. . .
May 29June 26
July 318
Aug. 28 .
Sept. 25
Oct. 30___
Nov. 27.
Dec. 31
Gold
84,616
84,616
.84,616
84,616
84,616
84,616
84,616
84,616
84,616
84,616
84,616
84,598
84,598
84,598
84,598
84,598
84,598
Foreign
exchange
Cs)
5
((')))
( & 42
6
)
6
)
6
)
6
)
6
)
6
)
37
37
37
37
38
38
Open
market
Special
C5s )
( 5)
C 5)
C)
( 56)
C5 )
43,194
( 5)
C)
<5s )
()
40,776
40,720
41,014
41,138
41,654
42, M5
Other
For
occupation 6
costs
Other
C5s )
(s)
( 6)
C)
( 55)
C)
(5)
•C5)
3,646
27,200
39,200
56,806
64,397
72,317
64,195
69,340
65,250
61,200
63,900
( s5)
C 55 )
C5)
C 5)
C6 )
84,131
99,279
99,806
103,690
107,384
117,868
117,715
117,555
123,578
129,518
129,568
142,507
60,189
53,100
60,700
67,300
66,400
65,100
69,500
67,700
64,700
60,500
68,900
69,500
661
C)
(»)
C 66 )
C6)
C)
( &>
(>
1
5
12
6,419
6,139
6,896
7,849
5,348
4,517
Other
assets
Balance
sheet
totaU
C56 )
C56 )
(6)
( 6)
(6)
< 5)
( )
C)
23,179 291,555
&!)
C
6
C 55 )
Cs)
C)
22,605
21,826
20,846
23,555
21,016
22,121
5
)
5
)
5
)
5
)
( 66)
C)
341,648
338,575
341,597
347,195
351,126
365,407
Deposits
Note
circulation Govern- C.A.R.I
ment
Other
Other
liabilities
(6)
198,578
205,439
213,131
214,176
218,383
995
990
1,097
748
984
27,200
34,930
38,932
39,107
41,400
28,226
25,700
25,075
24,941
27,202
3,586
223,484
227,902
227,840
232,337
234,277
.36,425
242,000
244,099
248,993
255,684
260,772
270,144
1,141
1,084
1,100
,288
,323
,245
,318
,341
,279
,272
,371
,517
46,156
47,509
53,883
57,906
53,705
58,751
60,612
60,193
59,715
60,932
61,073
64,580
25,938
27,916
28,522
30,763
34,266
33,581
33,978
29,179
27,208
25,999
24,431
25,272
6
(6)
(6)
(6)
(6)
( 6)
C)
3,741
3,763
4,402
3,309
3,479
3,894
:}
(6)
i Total assets or total liabilities.
5
Gold revalued in June 1928, October 1936, July 1937, November 1938, and March 1940. For further details see Federal Reserve Bulletin for
August 1928, pp. 570-75; November 1936, pp. 878-80; September 1937, p. 853; January 1939, pp. 29-30; and May 1940, pp. 406-07.
8
Includes foreign exchange loaned, not previously included in assets or liabilities.
* In each of the weeks ending April 20 and August 3, 1939, 5 billion francs of gold transferred from Exchange Stabilization Fund to Bank of
France; in week ending March 7, 1940, 30 billion francs of gold transferred from Bank of France to Stabilization Fund.
6
Figure not available.
* See footnote » to tabulation on p. 563.
7
Central Administration of the Reichskreditkassen (see footnote k to tabulation on p. 563).
8
The publication of weekly statements, suspended after June 10, 1940, was resumed July 10, 1941; the incomplete figures shown for August
1940 through' June 1941 are taken from the Bank's annual reports for 1940 and 1941.
BANKING AND MONETARY STATISTICS
644
NO. 166-BANK OF CANADA-PRINCIPAL ASSETS AND LIABILITIES, MONTHLY, 1135-1941
[In thousands of Canadian dollars]
Liabilities
Assets
Date
Gold
Sterling
and
United
States
dollars
Canadian Government
securities
Shortterm1
Other
assets
Balance
sheet
total2
Note
circulation 3
Other
33,293
23,989
21,116
23,915
27,235
17,878
19,316
5,648
13,616
22,161
16,849
18,776
1,832
1,084
1,549
327
1,197
326
274
270
102
316
1,458
2,060
5,798
6,202
6,847
7,054
6,880
7,593
7,850
7,958
12,940
13,000
14,463
13,441
123,534
119,218
125,970
129,063
131,113
133,142
138,920
148,058
161,619
160,356
156,319
165,330
197,041
195,045
194,275
199,472
190,604
189,836
182,567
185,259
179,361
198,572
216,130
196,040
23,262
30,038
36,751
21,222
21,541
14,590
16,882
26,624
30,132
31,581
28,376
11,083
1,668
1,315
1,452
796
923
501
648
584
506
976
577
3.457
11,826
12,230
12,160
12,718
12,878
13,219
13,056
13,604
13,671
13,544
14,575
14,355
384,368
152,896
149,108
375,099
385,441
148,645
387,501
155,921
390,194
155,306
154,112
387,074
382,045
156,796
161,371
387,127
175,422
421,959
443,143 ! 178,080
427,509 , 170,724
175,260
404,936
198,986
188,750
194,860
195,803
189,131
195,447
187,534
202,250
211,485
228,460
215,195
200,646
17,800
20,572
25,928
18,242
27,238
21,197
15,233
12,793
23,045
25,363
29,988
16,673
1,735
3,665
2,303
2,820
3,071
1,568
2,769
523
878
1,682
1,844
3,086
12,951
13,005
13,705
14,715
15,447
14,761
19,714
10,191
11,129
9,558
9,759
9,271
404,199
400,811
404,329
410,274
411,659
407,680
420,031
432,856
495,999
529,031
537,542
527,227
161,360
158,488
160,144
165,330
166,227
165,922
169,714
179,704
212,490
224,401
222,301
232,779
215,052
210,536
205,642
206,187
205,352
204,082
206,916
201,318
221,127
234, 102
223,596
216,996
14,553
19,845
20,494
21,246
24,217
21,891
29,054
30,695
38,228
39,089
52,404
46,270
3,322
3,088
6,609
8,635
6,373
4,673
4,649
11,216
11,380
18,432
26,137
17,852
9,912
8,854
11,441
8,876
9,489
11,112
9,698
9,923
12,774
13,008
13,105
13,330
519,321
501,114
494,028
489,602
547,091
535,939
530,850
572,247
596,793
638,170
679, 222
626,579
213,070
208,817
221,163
221,192
230,373
272,565
291,676306,534
331,957
332,355
335,487
359,949
220,304
210,526
202,324
213,912
238,305
208,584
194,423
215,539
231,336
221,679
231,210
217,738
57,154
63,787
48,025
32,165
52,719
36,576
24,140
32,857
4,441
62,684
83,791
10,880
15,445
4,728
10,580
8.295
7,532
4,360 ,
8,222
3,610
9,961
5,962
13,766
9,515 j
13,348
13,255
11,935
14,037
18,163
13,854
12,389
13,707
19,098
16,491
14,968
28,496
2,588
8,350
5,517
8,965
11,123
6,077
7,909
20,040
6,692
8,640
271,484
259,956
262,851
278,776
298,233
301,857
296,151
311,853
317,638
307,655
97,080
87,596
74,738
75,718
77,135
80,022
85,067
96,058
95,260
99,677
180,253
180,565
180,417
179,951
179,733
179,992
179,564
179,476
179,430
179,369
179,148
179,377
9,794
8,452
7,485
9,380
15,308
9,760
13,150
2,303
3,081
8,607
17,607
9,125
24,785
26,125
29,661
28,602
30,607
28,049
30,624
31,108
46,071
55,763
66,480
61,299
80,900
82,540
81,144
82,323
80,241
83,638
81,252
79,616
92,016
97,657
102,679
99,016
11,910
5,132
4,527
8,794
7,891
9,584
8,774
9,051
7,696
6,843
7,120
8,168
307,642
302,814
303,233
309,051
313,780
311,024
313,364
301,553
328,294
348,238
373,034
356,986
87,979
84,605
85,518
90,309
93,397
95,764
100,041
106,936
127,790
129,883
125,344
135,735
1937— Jan. 30
Feb. 27—.
Mar. 31
Apr. 30....
May 31
June 30
_,
July 31
Aug. 31._
... .
Sept. 30..
Oct. 30
Nov. 30
Dec. 31
179,459
179,423
187,947
191,192
187,454
181,543
179,525
179,489
179,505
179,579
179,561
179,764
11,843
14,575
19,706
11,215
14,613
18,113
19,747
25,826
28, 134
26,743
22,187
14,885
61,995
55,196
50,975
50,252
47,165
35,943
36,212
56,026
63,298
82,487
94,790
82,344
97,784
101,661
101,797
101,687
100,816
98,269
94,901
93,082
96,102
- 96,792
97,433
91,565
6,250
6,990
10,184
8,925
7,010
417,420
421,687
<19,705
418,250
*19,429
*22,007
421,708
357,331
357,845
370,609
363,271
357,059
351,288
352,072
374,129
385,289
405,029
415,978
390,265
1938— Jan. 31
Feb. 28
Mar. SiApr. 30
May 31_
June 30=
July 30
Aug. 31..
Sept. 30
Oct. 31
Nov. 30 .
Dec. 31
179,756
180,144
180,865
180,678
181,705
181,608
180,415
180,125
181,033
181,146
181,033
185,912
16,815
19,079
22,205
17,327
31,807
31,607
23,461
27,750
31,349
36,364
45,157
28,354
76,329
68,783
120,012
119,706
122,046
113,730
116,318
121,648
155,569
169,675
154,875
144,621
90,753
86,497
41,457
39,981
39,534
52,167
52,612
52,034
48,169
44,989
41,018
40,895
«20,715
420,598
420,903
^29,808
415,101
47,963
9,240
5,569
5,839
10,969
5,425
5,153
192,004
200,175
202,984
205,993
205,639
205,736
205,159
209,775
225,675
225,675
225,675
225,677
24,666
29,668
33,335
31,586
34,599
33,652
43,960
52,860
44,448
46,564
60,707
64,325
138,316
128,475
132,718
135,834
114,032
110,773
112,550
111,018
155,054
193,862
199,347
181,897
42,364
33,821
27,067
29,340
52,714
51,192
51,391
52,078
63,588
55,039
46,282
49,876
6,849
8,672
8,224
7,521
4,674
6,327
6,970
7,125
7,234
7,893
5,530
5,453
225,772
225,772
225,772
225,773
(a)
61,205
57,467
60,719
42,695
12,601
3,251
5,700
2,723
20,336
45,133
82,967
38,429
178,946
159,096
93,361
101,507
417,421
402,914
392,235
430,113
412,359
438,553
444,565
448,440
47,265
53,031
104,664
107,574
93,995
118,485
123,598
121,189
120,742
142,288
141,234
127,323
6,133
5,748
9,512
12,054
23,074
11,289
9,318
18,222
43,356
12,195
10,456
12,386
. .
1939— Jan. 31..
Feb. 28
Mar. 31...
Apr. 29
May 31
June 30
July 31
Aug. 31
Sept. 30
Oct. 31
„.
Nov. 30.
Dec. 30
1940=-Jan. 31
Feb. 29._
.....
Mar. 30
_ .
Apr. 30
May 31
June 29
July 31
Aug. 31........
Sept. 30
Oct. 31
Nov. 30
Dec. 31 . .
1
For footnotes see opposite page.
-
Other
liabilities
178,739
186,933
188,203
187,447
185,071
189,463
185,884
180,741
173,846
182,877
214,929
186,974
115,014
115,014
117,860
119,903
79,989
80,293
79,466
80,887
84,193
83,410
„
Other
5,310
5.884
8,525
10,079
6,006
5,615
5.912
6.196
6,483
7,659
39,324
25,080
22,090
30,524
15,217
26,218
24,732
25,904
36,386
30,873
1936— Jan. 31
Feb 29
Mar. 31
Apr. 30
May 30
June 30
July 31
Aug. 31
Sept. 30
Oct. 31
Nov. 30
Dec. 31
Dominion
Government
261
361
283
362
811
594
638
492
1,021
766
7,974
4,575
10,448
12,713
11,966
8,948
2,671
3,530
8,973
4,223
. ..
Chartered
banks
19,854
148,979
2,402
163,714
14,333
166,971
172,902
19,715
44,364
169,917
23,272
192,355
20,705
183,829
180,854
18,255
186,723 - 28,151
17,917
181,636
106,585
106,936
106,936
106,671
179,937
180,321
181,372
181,493
181,394
180,509
1935— Mar. 27
Apr. 30
May 31
June 29
July 31
Aug. 31
Sept. 30
Oct. 31
Nov. 30
Dec. 31
Deposits
INTERNATIONAL FINANCIAL STATISTICS
645
NO. 166-BANK OF CANADA-PRINCIPAL ASSETS AND LIABILITIES, MONTHLY, 1935-1941-Continued
[In thousands of Canadian dollars]
Liabilities
Assets
Date
Gold
1941— Jan. 31..
Feb. 28
Mar, 31
Apr 30
May 31
June 30-_
July 31
Aug. 30
Sept 30
Oct. 31
Nov. 29.
Dec. 31
Sterling
and
United
States
dollars
Canadian Government
securities
Shortterm1
132,762
122,426
114,489
118,151
126,482
142,946
138,006
141,365
146,282
234,733
228,459
216,688
Balance
sheet
total 2
Note
circulation 3
Other
439,501
457,368
411,142
372,484
375,523
501,489
522,302
519,716
516,422
462,240
428,664
391,783
31,796
49,532
69,493
133,994
216,280
491
472
40,617
109,295
42,511
113,828
200,861
Other
assets
20,686
24,783
16,974
12,813
9,911
28,901
14,879
21,284
19,942
29,558
20,309
33,529
624,746
654,109
612,099
637,443
728,195
673,827
675,659
722,982
791,940
769,042
791,260
842,862
343,503
352,946
365,323
372,597
379,426
393,397
404,674
422,230
435,288
448,866
462,996
495,956
Deposits
Chartered
banks
Dominion
Government
225,556
213,073
207,994
228,857
239,789
200,348
216,268
212,902
207,460
231,816
247,154
232,031
26,821
57,649
17,052
18,248
88,579
54,545
33,310
60,657
124,610
60,346
53,180
73,848
Other
8,624
7,058
8,311
3,770
' 5,382
10,550
4,721
9,965
6,362
2,361
7,220
5,970
Other
liabilities
20,241
23,384
13,417
13,971
15,020
14,988
16,686
17,227
16,219
25,654
20,711
35,057
1
Securities maturing in two years or less.
2
Total assets or total liabilities.
3
Includes notes held by the chartered banks,
4
which constitute an important part of their reserves.
Includes "other securities."
& On May l t 1940, gold transferred to Foreign Exchange Control Board in return for short-term Government securities (see Federal Reserve
Bulletin for July 1940, pp. 677-78).
NO. 167—REICHSBANK—PRINCIPAL ASSETS AND LIABILITIES, MONTHLY, 1924-1941
[In millions of reichsmark]
Liabilities
Assets
Reserves of gold and
foreign exchange
Date
Total
reserves
Gold
Bills (and
checks),
including
Treasury
bills
Loans on
securities
Securities
Other
assets
Eligible as
note cover
Balance
sheet1
total
Note
circulation
Deposits
Other
liabilities
Other
1924— Oct. 31
Nov. 29
Dec. 31
926
927
1,013
694
695
760
2,340
2,290
2,064
33
19
17
78
78
78
1,007
1,712
1,708
4,384
5,026
4,880
1,781
1,863
1,941
709
704
821
1,894
2,458
2,118
1925— Jan. 31 .
Feb. 28
Mar 31
Apr. 30
May 30June 30
July 31
Aug. 31
Sept. 30,
Oct. 31Nov 30
Dec. 31
1,112
,210
,338
,352
,354
,416
,472
,496
,493
,555
1,610
1,611
834
907
1,003
1,014
1,015
1,062
1,104
1,138
1,175
1,207
1,207
1,208
,771
,737
,578
,496
,648
,691
,789
,765
,717
,630
,650
,915
82
90
27
77
28
46
60
33
56
22
24
10
110
112
205
200
201
201
202
202
202
220
222
231
1,578
1,753
1,289
1,197
1,037
719
578
549
538
755
657
663
4,653
4,902
4,437
4,322
4,268
4,073
4,101
4,045
4,006
4,182
4,163
4,430
1,901
2,106
2,315
2,452
2,609
2,474
2,530
2,595
•2,649
2,803
2,771
2,960
747
918
743
706
581
564
700
701
620
618
587
697
2,005
1,878
1,380
1,165
1,078
1,035
872
749
738
761
804
773
1,673
1,843
1,972
1,883
1,879
1,817
1,987
• 1,990
2,120
2,129
2,173
2,351
1,255
1,382
1,491
1,492
1,492
1,492
1,493
1,493
1,598
1,716
1,755
1,831
,464
,346
,216
,214
,244
,288
,199
,252
,384
,415
,286
,829
11
25
78
61
87
143
80
100
142
43
321
84
234
234
244
89
89
89
89
91
91
91
91
91
698
882
1,022
980
629
640
765
813
672
752
723
563
4,080
4,330
4,532
4,227
3,928
3,977
4,121
4,246
4,409
4,430
4,594
4,918
2,649
2,822
3,159
3,086
2,878
2,971
3,107
3,225
3,251
3,326
3,374
3,736
579
586
625
007
579
527
538
542
595
533
528
648
852
922
747
534
472
480
477
479
563
572
692
534
2,256
2,038
2,055
2,021
1,894
1,870
1,980
2,010
2,006
2,013
2,139
2,147
1,834
1,834
1,852
1,850
1,816
1,803
1,801
1,853
1,852
1,851
1,857
1,865
1,415
1,644
1,963
2,068
2,421
2,495
2,512
2,662
2,746
2,802
2,482
3,129
82
155
81
67
72
147
64
67
154
46
86
78
89
93
93
93
93
93
92
92
92
92
92
93
704
648
564
562
550
565
564
569
566
631
575
547
4,546
4,577
4,7£6
4,811
5,030
5,170
5,212
5,400
5,564
5,584
5,374
5,994
3,409
3,465
3,589
3,676
3,719
3,815
3,928
3,935
4,182
4,231
4,181
4,564
575
539
616
582
700
670
553
724
630
608
484
779
561
572
550
552
611
684
731
742
751
745
709
651
._
1926^ Jan. 30 _ _ _ _ _ _
Feb. 27.
. .
Mar 31
Apr. 30
May 3L _ _ _ _ _
June 30_
._
July 31
Aug. 31
Sept. 30.
Oct. 30Nov 30
Dec. 31
1927— Jan. 31..
Feb. 28Mar. 31.. ...
.
Apr. 30....
May 31
June 30
JulySO. . _ „ _ _ _
Aug. 31.
. Sept 30
Oct. 31
Nov. 30. _ _ _ _ _ _.
Dec, 31.
__„
For footnote see end of table, p. 647.
BANKING AND MONETARY STATISTICS
646
NO. 167-REICHSBANK-PRINCIPAL ASSETS AND LIABILITIES, MONTHLY, 1924-1941—Continued
[In millions of reichsmark]
Assets
Reserves of gold and
foreign exchange
Date
Total
reserves
Gold
Liabilities
Bills (and
Securities
cheeks),
including Loans on
securities Eligible as
Treasury
Other
note cover
bills
Other
assets
Balance
sheet
total1
Note
circulation
Deposits
Other
liabilities
1928—Jan. 31
Feb. 29
Mar. 31
Apr. 30
May 31
June 30
July 31
Aug. 31
Sept. 29
Oct. 31
Nov. 30
Dec. 31
2,161
2,170
2,120
2,209
2,315
2,334
2,383
2,443
2,576
2,696
2,797
2,885
1,865
1,888
1,931
2,041
2,041
2,084
2,200
2,248
2,397
2,532
2,623
2,729
2,373
2,336
2,652
2,493
2,469
2,478
2,518
2,608
2,590
2,348
2,269
2,678
91
117
85
103
43
138
77
129
102
95
113
176
93
94
94
94
94
94
94
94
94
94
92
92
678 1
629
691
668
752
777
682
591
632
609
612
620
5,396
5,346
5,642
5,567
5,673
5,821
5,754
5,865
5,994
5,842
5,883
6,451
4,251
4,268
4,513
4,409
4,487
4,674
4,569
4,673
4,830
4,672
4,724
4,930
498
491
533
558
582
525
542
565
503
494
473
816
648
587
595
600
605
622
644
627
660
676
685
705
1929— Jan. 31
Feb. 28
Mar. 28
Apr. 30
May 31
June 29
July 31
. .
Aug. 31
Sept. 30
Oct. 31
Nov. 30
Dec. 31. - — .
2,881
2,819
2,719
1,991
2,064
2,272
2,482
2,491
2,547
2,588
2,638
2,687
2,729
2,729
2,683
1,892
1,765
1,911
2,148
2,183
2,212
2,229
2,240
2,283
1,783
1,889
2,352
2,927
3,005
3,001
2,689
2,672
2,641
2,542
2,410
2,848
102
297
135
262
255
194
109
162
186
16"5
251
93
93
93
93
93
93
93
93
93
93
93
92
611
592
666
677
568
681
649
688
759
753
786
656
5,470
5,690
5,965
5,950
5,985
6,241
6,022
6,106
6,226
6,083
6,091
6,534
4,454
4,553
4,822
4,631
4,606
4,839
4,726
4,897
4,914
4,833
4,916
5,044
423
526
478
585
628
631
516
434
501
454
445
755
593
612
606
733
750
772
781
775
811
795
729
736
1930— Jan. 31
.„_„___
Feb. 28
Mar. 31
Apr. 30
May 31 .
June 30
July 31
_„__ _
Aug. 30
Sept. 30
,. Oct. 31
Nov. 29 .
Dec. 31
2,694
2,828
2,883
2,893
2,942
3,078
2,880
2,988
2,650
2,379
2,705
2,685
2,297
2,444
2,496
2,566
2,591
2,619
2,619
2,619
2,479
2,180
2,180
2,216
2,053
1,965
2,067
2,016
1,958
1,784
1,796
1,730
2,103
2,324
2,109
2,572
170
323
201
135,
188
186
133
212
290
318
231
256
93
93
93
03
101
101
101
103
103
102
102
102
746
626
664
719
729
736
839
809
839
686
643
638 |
5,756
5,835
5,909
5,856
5,918
5,885
5,749
5,842
5,985
5,809
5,790
6,253
4,653
4,722
4,806
4,664
4,812
4,685
4,638
4,707
4,744
4,675
4,601
4,778
357
469
457
537
401
492
39S
416
472
383
381
652
745
645
647
656
705
708
714
719
768
751
808
822
1931—Jan. 31
Feb. 28
Mar. 31
Apr. 30
May 30
June 30
July 31
Aug. 31
Sept. 30
Oct. 31
Nov. 30
Dec. 31
2,444
2,451
2,511
2,526
2,577
1,721
1,610
1,722
1,440
1,275
1,175
1,156
2,244
2,285
2,323
2,368
2,390
1,421
1,363
1,366
1,301
1,145
1,005
984
2,028
2,055
2,092
1,860
1,816
2,652
3,522
3,139
3,669
4,010
3,957
4,242
174
301
274
287
167
355
347
208
301
240
254
245
103
102
103
103
103
103
103
103
103
103
103
161
733
676
638
668
721
936
958
972
1,016
963
980
1,065
5,481
5,585
5,618
5,444
5,384
5,767
6,539
6,144
6,529
6,590
6,470
6,868
4,383
4,428
4,456
4,340
4,299
4,295
4,454
4,384
4,609
4,746
4,641
4,776
267
325
387
355
353 !
398
834
509
613
518
506
755
831
832
775
749
731
,074
,251
,251
,306
,326
,323
1,338
1,093
1,077
1,020
989
991
962
894
925
929
940
937
920
948
928
879
859
863
832
766
768
796
817
827
806
3,665
3,367
3,318
3,172
3,008
3,102
3,155
3,046
3,030
2,897
2,766
2,806
158
303
290
282
257
261
224
207
242
198
207
176
161
162
362
362
363
364
3(15
365
362
362
395
398
1,098
1,100
1,044
977
1,032
1,038
975
960
940
957
959
1,114
6,174
6,010
6,034
5,782
5,653
5,728
5,614
5,503
5,503
5,354
5,264
5,414
4,407
4,268
4,231
4,128
3,961
3,984
3,967
3,817
3,755
3,620
3,531
3,560
394
423 ;
578
405
431
473
380
408
451
389
418
540
1,373
1,318
1,226
1,249
1,262
1,271
,267
,279
,298
,345
,314
,313
923
921
836
510
449
273
323
382.
407
414
409
396
822
769
739
411
372
189
245
307
367
396
405
386
2,503
2,460
2,815
3,149
3,140
3,213
3,181
3,164
3,319
3,162
3,028
3,226
93
279
210
177
166
210
165
163
205
143
163
183
199
259
401
401
401
317
317
321
320
320
320
319
320
322
1,097
1,040
869
582
618
747
736
749
688
799
773
735
5,015
5,101
5,131
4,735
4,690
4,763
4,724
4,778
4,940
4,838
4,890
5,120
3,338
3,356
3,520
3,538
3,469
3,482
3,492
3,521
3,625
3,571
3,542
3,645
345
402
443
406
439
447
412
415
465
416
478
640
1,333
1,343
1,169
791
782
834
820
841
850
850
871
836
1934_Jan. 31
383
Feb. 28
340
Mar. 29
245
Apr. 30
212
May 31
136
77
June 30,
July 31
78
Aug. 31
79
79
Sept. 29
Oct. 31
87
Nov. 30
83
Dec. 31
84
For footnote see opposite page.
376
333
237
205
130
70
75
75
75
83
79
79
2,893
2,770
3,234
3,193
3,188
3,462
3,431
3,543
3,829
3,729
3,857
4,066
81
248
144
140
125
171
109
128
148
91
119
146
300
335
350
310
320
361
390
413
431
435
436
445
320
331
331
329
323
325
324
324
324
316
316
319
843
801
685
760
860
780
886
867
806
890
881
827
4,819
4,826
4,990
4,944
4,951
5,175 .
5,217
5,354
5,618
5,547
5,691
5,885
3,458
3,494
3,675
3,640
3,635
3,777
3,768
3,824
3,919
3,823
3,810
3,901
498
530
547
515
538
623
649
717
848 '
856
961
984
863
802
768
788
778
775
800
813
851
868
920
1,001
.
,„
...
.
..
1932—Jan. 30
Feb. 29
Mar. 31
AprJSO
May 31
June 30
July 30
Aug. 31
Sept. 30
Oct. 31
Nov. 30
Dec. 31...
1933—Jan. 31
Feb. 28
Mar. 31
Apr. 29
May 31
June .30
July 31
Aug. 31
Sept. 30.
Oct. 31
Nov. 30.1
Dec. 30.
,
.
INTERNATIONAL FINANCIAL STATISTICS
647
NO. 167-REICHSBANK-PRINCIPAL ASSETS AND LIABILITIES, MONTHLY, 1924-1941-Continued
[In millions of reichsmark]
Assets
Reserves of gold and Bills (and
foreign exchange
checks),
including
Total
Treasury
Gold
reserves
bills
Date
1935—Jan. 31.
Feb. 28
Mar. 30
Apr. 30
May 31
June 29
July 31
Aug. 31
Sept. 30
Oct. 31..
Nov. 30
Dee. 31
Liabilities
Securities
Loans on
securities Eligible as
note cover
Other
Other
assets
Balance
sheet
total1
Note
circulation
Deposits
Other
liabilities
84
85
85
86
86
90
100
100
100
93
93
88
80
80
81
82
82
86
94
95
95
88
88
82
3,621
3,677
3,807
3,887
3,795
3,932
3,838
4,035
4,183
4,110
4,151
4,552
81
188
66
87
86
89
52
54
73
66
78
84
441
437
427
373
338
337
337'
340
346
345
346
349
319
328
330
328
324
324
324
324
324
316
315
315
837
697
701
739
775
781
814
781
770
868
922
853
5,383
5,412
5,416
5,499
5,404
5,553
5,466
5,634
5,797
5,798
5,906
6,240
3,660
3,617
3,664
3,711
3,810
3,895
3,878
4,032
4,143
4,159
4,186
4,285
822
928
922
952
770
819
743
743
774
728
806
1,032
900
866
830
837
824
838
845
860
879
911
913
923
„ _ _
82
77
77
75
75
77
77
75
69
70
72
72
77
72
72
70
70
72
72
69
63
65
66
66
3,963
4,069
4,256
4,423
4,644
4,797
4,713
4,767
4,926
4,942
4,908
5,510
72
72
56
73
60
56
67
65
59
79
67
74
349
348
336
240
219
220
220
220
219
219
219
221
315
315
321
319
319
311
310
309
308
305
303
303
888
861
771
702
648
704
711
686
695
685
770
765
5,669
5,743
5,817
5,834
5,966
6,164
6,098
6,121
6,276
6,300
6,339
6,946
4,098
4,177
4,267
4,348
4,430
4,389
4,471
4,540
4,657
4,713
4,674
4,980
679
652
768
688
729
960
787
729
744
689
753
1,012
891
914
782
798
807
815
840
853
875
897
911
953
„ ._
72
73
73
74
74
75
75
76
76
76
76
76
67
67
68
68
69
69
69
70
70
70
70
71
4,858
4,812
5,111
5,152
5,055
5,323
5,345
5,316
5,591
5,585
5,546
6,131
65
102
51
52
50
55
52
52
51
44
46
60
223
222
167
106
104
104
104
104
105
105
105
106
302
302
312
310
310
300
299
299
293
293
286
286
959
1,059
1,021
896
947
878
860
905
905
844
870
861
6,479
6,569
6,734
6,590
6,541
6,734
6,736
6,752
7,021
6,946
6,929
7,521
4,799
4,816
4,938
4,979
4,902
4,992
5,112
5,116
5,256
5,275
5,196
5,493
707
785
970
794
804
880
732
736
838
711
766
1,059
973
968
826
816
835
862
892
901
927
959
967
970
1938—Jan. 31
Feb. 28
Mar. 31
Apr. 30
May 31
June 30
July 30
„
Aug. 31 „ _ .
Sept. 30
Oct. 3K
. Nov. 30
Dec. 31
76
76
76
76
76
76
76
76
77
76
77
76
71
71
71
71
71
71
71
71
71
71
71
71
5,519
5,658
5,902
5,853
5,850
6,175
6,264
6,648
8,174
7,543
7,514
8,244
66
. 81
63
59
57
71
49
35
48
32
48
45
108
110
96
121
545
547
549
550
550
550
548
557
286
286
297
297
300
300
298
298
298
298
298
298
982
953
,388
,614
,373
,322
,285
,268
,129
,360
,494
,621
7,037
7,165
7,822
8,020
8,200
8,491
8,521
8,875
10,277
9,859
9,978
10,841
5,199
5,278
5,622
6,086
6,269
6,440
6,650
6,869
8,023
7,754
7,744
8,223
851
891
1,323
1,031
1,021
1,119
920
,033
,231
,040
,141
,527
986
996
877
903
911
932
951
974
1,022
1,064
1,093
1,091
1039—Jan. 31
Feb. 28
Mar. 31
Apr. 29
May 31
June 30
July 31
Aug. 31
Sept. 30
Oct. 31
Nov. 30
Dec. 30.
76
76
77
77
77
77
77
77
77
77
77
78
71
71
71
71
271
71
7,160
7,361
8,180
7,726
7,547
8,159
8,461
10,272
10,105
9,358
10,148
11,392
52
60
58
55
40
48
36
60
24
35
36
30
592
660
677
668
922
930
925
1,013
1,324
1,440
997
804
298
288
292
476
285
274
289
296
393
366
365
393
,848
,710
• ,489
,928
,182
,658
,652
,964
,963
2,375
2,257
2,498
10,026
10,156
10,772
10,929
11,051
11,145
11,439
13,681
13,884
13,651
13,880
15,194
7,816
7,939
8,311
8,519
8,525
8,731
8,989
10,907
10,995
10', 820
10,974
11,798
,119
,105
,249
,122
,292
,281
,294
,480
,602
,520
,574
,018
1,091
1,112
1,212
1,289
1,234
1,132
1,157
1,294
1,287
1,312
1,332
1,378
1040—Jan. 31.
Feb. 29
Mar. 30
Apr. 30
May 31
June 29
July 31
Aug. 31
Sept. 30
Oct. 31
Nov. 30
Dec. 31
77
77
78
78
77
77
78
77
78
78
78
78
71
11,143
11,825
12,242
12,188
12,569
12,611
12,613
12,891
13,206
13,069
13,532
15,419
33
37
31
31
31
25
28
31
16
31
26
38
374
172
144
221
142
143
114
56
50
56
51
32
401
367
' 394
'364
363
454
408
419
422
425
427
357
2,487
2,380
2,557
2,651
2,135
2,595
2,377
2,448
2,184
2,240
2,223
2,066
14,515
14,858
15,444
15,532
15,317
15,905
15,618
15,922
15,956
15,899
16,337
17,990
11,505
11,877
12,176
12,480
12,594
12,785
12,750
13,026
12,847
12,937
13,198
14,033
,628
,559
,760
,714
,470
,854
,620
,608
,795
,610
,706
,561
,382
,422
,509
,338
,253
,266
,248
,287
,314
,352
,433
,396
349
351
352
488
438
416
35'9
384
383
335
283
283
,834
,445
,672
,548
,922
2,336
2,302
2,343
2,260
2,364
2,395
• 2,311
16,819
17,210
17,525
17,812
18,396
19,154
19,532
20,151
20,785
21,279
21,736
24,466 1
13,694
13,976
14,188
14,689
15,210
15,565
16,031
16,502
16,918
17,432
17,793
19,325
,726
,935
2,127
2,006
2,012,
2,373
2,243
2,326
2,511
2,470
2,493
3,649
,399
,305
,210
,117
,174
,215
,259
,323
,357
,377
1,450.
1,492
1936—Jan. 31
Feb. 29.
Mar. 31
Apr. 30.
May 30
June 30.
July 31
Aug. 31
Sept. 30
Oct. 31,
Nov. 30
Dec. 31,
1937—Jan. 30
Feb. 27
Mar. 31
Apr. 30
May 31
June 30
July 31
Aug. 31
Sept. 30
Oct. 30.
Nov. 30
Dec. 31
,__ .
_„
.
.
..
1941— Jan. 31
.,..
77
14,503
. 28
28
Feb. 28.
77
15,284
34
24
Mar. 31
78
32
15,367
23
Apr. 30,_
.__.
78
15,644
32
22
May 31
78
15,918
23
18
June 30 _
78
45
16,258
20
July 31
78
12
16,754
27
Aug. 30
77
16
17,306
25
Sept. 30
77
24
18,016
25
Oct. 31
77
20
18,456
26
Nov. 29
77
24
18,899
58
Dec. 31
_.__
77
107
32
21,656
71
1
Total assets or total liabilities, less unpaid capital in January-March 1931.
2
Not shown separately in weekly statements after June 15, 1939.
BANKING AND MONETARY STATISTICS
NO. 168-COMMERCIAL BANKS IN UNITED KINGDOM-PRINCIPAL ASSETS AND LIABILITIES, MONTHLY, 1939-1941
[Averages of weekly figures through August 1939; thereafter figures near end of month. In millions of pounds sterling]
Assets
Year and month
Cash
reserves
Liabilities
Money
Bills
Securities Loans to
at call and
discounted i
short
customers
notice
Balance
sheet
tota^
Other
Deposits
Other
Demand*
Total
Time'
10 London clearing banks
1930 —January _ . . .
February
March
April. „ _ „ _ _ _
May
June
____
July
August
September
October ....
November.
December „_ .. _.
196
185
184
191
190
193
194
191
190
192
192
208
144
130
135
136
139
146
145
137
136
145
139
144
245
220
184
210
248
275
286
281
286
298
311
322
248
244
240
240
247
248
256
265
270
272
280
285
989
991
994
988
975
976
969
953
945
942
938
933
2,105
283
2,046
276
277
2,014
2,044
280
2,060
261
2,093
255
2,092
240
2,062
234 1
229
2,055 i
232
2,081
231 i 2.091
240 ; 2,130
1931—January.. _ _ .._
February
March
April
May
.
June
July
August.. .... .„
September
October
November.
December... „ _„
198
190
184
179
179
187
184
180
174
176
173
184
144
116
114
117
132
133
131
113
107
114
109
119
330
301
240
211
224
266
281
264
237
238
241
246
297
309
311
309
290
288
300
302
304
304
300
297
927
928
939
943
938
926
916
912
915
913
904
905
229
233
233
230
226
234
227
224
231
227
219
222
1 932 — January
February .
March
April . ,....
May
June
July
_,__„
August......
September
October. ....
November
December.....
180
173
174
173
170
191
191
193
193
193
193
207
117
110
113
112
113
113
123
118
114
117
116
127
239
208
217
240
247
278
317
374
392
391
391
408
283
280
282
288
300
340
349
364
383
412
425
472
909
906
906
884
875
856
840
820
806
799
789
778
1933— January
_ _
February..,,
March....... . .
April., „ . „ _ _ _ _
May..
June.........
July........
August.. ....
September .
October. _ „ _ . . _ „ „
November
December
214
208
207
219
206
213
205
208
215
218
216
213
114
112
109
105
98
101
96
91
91
89
99
119
431
386
348
338
346
352
362
359
355
343
318
311
472
498
510
517
530
544
554
563
563
559
569
565
1934—January _ _ _
February.. ... ...
March......
April._.__ = _.
May
June
July
August,, .„.„.
September. „„
October . _
November.... ,
December,,. _
223
209
219
222
218
199
210
196
207
213
210
216
130
118
120
132
131
141
138
139
137
136
135
151
284
250
202
212
223
228
224
222
213
216
233
255
225
213
214
217
219
•217
219
213
208
204
214
221
137
127
133
137
142
143
145
149
147
141
147
159
284
265
207
199
218
244
274
287
299
297
293
322
1935—January. „„ „ „ ,
February ....
March
April
May. „ „ _ _ „ _ .
June
=== .
July
August
September... .
October. _ _ _ _
November
December.... „,„_.,
For footnotes see opposite page.
1,805
1,751
1,719
1,750
1,780
1,826
1,831
1,804
1,801
1,828
1,838
1,876
919
876
877
901
898
954
936
916
928
929
925
992
814
803
781
797
820
827
828
821
821
838
844
847
300
205
294
294
280
267
261
258
254
253
253
254
2,125
2,078
2,022
1,988
1,989
2,035
2,037
1,994
1,967
1,972
1,946
1,974
1,873
1,820
1,764
1,736
1,738
1,782
1,788
1,745
1,712
1,724
1,706
1,737
962
913
895
886
887
950
935
889
885
859
811
868
842
830
798
784
789
792
787
777
769
797
841
846
252
258
258
252
251
263
250
249
255
248
239
237
211
201
211
208
212
207
196
188
180
189
194
208
1,940
1,876
1,902
1,906
1,925
1,984
2,015
2,056
2,067
2,099
2,109
2,200
1,714
1,659
1,676
1,681
1,699
1,764
1,804
1,851
1,865
1,893
1,898
1,983
818
775
799
789
810
§68
903
898
907
914
025
991
831
838
832
845
854
876
873
908
921
932
929
963
226
218
226
225
226
220
211
206
202
206
210
216
768
769
769
767
779
779
771
762
753
752
741
740
202
208
205
207
209
213
221
216
215
222
228
237
2,201
2,180
2,148
2,152
2,168
2,203
2,209
2,199
2,191
2,184
2,169
2,185
1,983
1,957
1,925
1,930
1,944
1,978
1,973
1,966
1,958
1,951
1,928
1,941
980
955
936
950
962
1,006
993
990
990
983
980
1,015
953
947
935
939
938
942
933
928
924
916
905
219
223
223
222
224
225
235
233
233
233
241
244
558
560
547
534
542 !
549
550
557
563
575
589
594
738
746
757
763
759
761
762
759
757
760
759
759
232
231
226
230
225
229
220
219
222
236
236
247
2,165
2,113
2,071
2,092
2,096
2,107
2,105
2,092
2,098
2,138
2,161
2,222
1,920
1,807
1,831
1,853
1,858
1.870
974
931
910
919
925
954
960
939
948
960
975
1,044
893 :
881
880
890
887
8SS
874
369 j
873
900
910
244
246
240
240
238
237
235
2B&
240
245
230
251
593
606
614
018
620
624
615
615
619
626
621
605
756
759
771
779
774
780
778
768
766
777
778
784
237
231
231
240
233
235
215
205
205
213
214
231
2,233
2,202
2,171
2,191
2,205
2,243
2,247
2,237
2,244
2,259
2,267
2,322
3,034
1,009
994
1,004
1,015
1,072
1,084
1,068
1,080
1,064
1,080
1,140
899
898
886
895
897
907
§99
899
903 |
921
918
924
251
248
248
251
244
239
227
224
221
224
227
231
1
1,871 :
1,850
1,858 '
1,891
1,911
1,971 j
1,982 i
1,934
1 B 923 •'
1,940
1,1*62
2,004
..
2,019
2,013
2,024
2,036
2,040
2,091 I
!
!
i
i
soo :
88r>
INTERNATIONAL FINANCIAL STATISTICS
649
NO. 168-COMMERCIAL BANKS IN UNITED KINGDOM-PRINCIPAL ASSETS AND LIABILITIES, MONTHLY, 1930-1941-Continued
[Averages of weekly figures through August 1939; thereafter figures near end of month. In millions of pounds sterling]
Assets
Year and month
Cash
reserves
Liabilities
Money
at call and
Bills
Securities Loans to
discounted1
customers
short
notice
Other
Balance
sheet
totals
Deposits
Total
Demand3
Other
Time'
11 London clearing banks
228
229
217
227
220
225
225
233
229
227
233
244
159
157
162
161
159
158
158
163
166
164
181
195
346
295
252
268
309
329
349
345
344
351
329
322
630
629
635
637
640
642
639
641
648
655
656
660
815
828
854
868
870
878
884
877
882
892
895
890
227
227
230
233
227
237
227
226
226
231
238
249
2,406
2,365
2,350
2,394
2,424
2,469
2,481
2,486
2,495
2,520
2,530
2,561
2,164
2,123
2,108
2,154
2,185
2,229
2,244
2,246
2,257
2,280
2,287
2,315
1,166
1,125
1,123
1,145
1,156
1,215
1,223
1,212
1,228
1,238
1,241
1,288
937
940
951
974
992
995
986
991
1,000
999
1,006
1,012
242
242
241
240
239
240
237
240
238
•239
243
245
1937— January. _ „ _ _ _ _ _
February
March _ _ _ _ _ _
April.
May
June
JulyAugust....
September
October
November
December
238
230
226
230
233
241
235
234
238
234
235
244
179
167
170
177
168
171
163
162
162
165
161
163
345
307
248
241
244
259
282
277
281
296
298
300
669
671
667
661
657
654
647
645
641
639
634
635
885
909
939
951
957
969
975
973
978
988
991
984
239
243
254
256
259
261
251
244
240
244
245
256
2,555
2,526
2,503
2,515
2,518
2,554
2,553
2,537
2,538
2,565
2,563
2,582
2,307
2,274
2,244
2,252
2,255
2,293
2,293
2,283
2,287
2,312
2,311
2,330
1,254
1,217
1,200
1,194
1,203
1,253
1,239
1,235
1,242
1,244
1,238
1,284
1,005
997
1,003
1,008
1,006
1,022
1,010
1,001
1,009
1,019
1,025
1,026
247
252
259
263
263
261
259
253
251
253
252
252
1938— January
February.
March
April.. __
May....
une
July.
AugustSeptember
October.November... _ _ _ _
December. ...
251
243
244
246
231
247
244
241
234
234
233
243
154
144
150
150
146
154
159
153
148
149
149
160
331
288
239
249
280
289
302
305
289
268
272
250
636
633
634
638
631
630
633
642
646
645
642
635
970
984
1,000
998
986
985
985
974
973
973
966
971
240
238
239
240
246
251
242
239
242
256
255
263
2,581
2,529
2,506
2,520
2,519
2,556
2,564
2,554
2,531
2,525
2,518
2,523
2,329
2,280
2,254
2,268
2,263
2,299
2,309
2,2(8
2,269
2,256
2,249
2,254
1,290
1,242
1,221
1*,228
1,220
1,245
1,254
1,248
1,236
1,247
1,244
1,256
1,039
1,038
1,033
1,040
043
1,054
1,055
1,050
1,033
1,009
1,004
997
252
250
252
252
256
256
255
256
262
270
269
269
1939 -— January
February.
March
April
May
June
July
August
September
October.
_.
November
December
248
243
232
229
236
235
235
233
268
256
245
274
143
138
141
145
144
150
155
148
146
159
142
174
256
212
190
184
201
249
278
279
236
289
353
334
625
617
611
611
605
600
597
599
603
605
611
609
972
982
992
997
992
993
986
990
,016
,020
,000
,015
252
253
249
256
258
257
251
270
276
271
242
290
2,497
2,444
2,416
2,422
2,435
2,484
2,503
2,518
2,544
2,600
2,593
2,697
2,230
2,176
2,152
2,155
2,167
2,219
2,240
2,245
2,278
2,327
2,345
2,441
1,260
1,213
1,186
1,185
1,194
1,232
1,241
1,239
1,272
1,299
1,303
1,398
970
964
966
970
973
987
999
1,007
1,006
1,028
1,042
1,043
267
268
264
267
268
265
263
273
266
272
248
266
1940— January. ....
February..
March..
April.
May
June.
July
August
September
October., .
November
December
242
247
249
254
257
270
262
273
288
270
285
324
154
149
142
153
144
166
146
148
144
137
140
159
388
353
336
338
409
384
'441
456
493
553
575
578
610
609
611
618
633
636
658
682
697
723
743
771
,010
,'007
,014
991
972
983
940
927
948
948
941
924
267
259
273
260
260
295
271
255
287
284
274
293
2,670
2,624
2,623
2,615
2,674
2,734
2,718
2,741
2,857
2,914
2,958
3,050
2,410
2,366
2.36S
2,354
2,413
2,469
2,454
2,481
2,597
2,661
2,702
2,800
1,373
1,347
1,355
1,351
1,382
1,443
1,465
1,486
1,570
1,635
1,671
1,770
1,036
1,019
1,008
1,003
1,031
1,026
989
995
1,027
1,026
1,031
1,030
261
258
260
261
261
264
264
260
260
254
256
250
279
284
288
298
293
311
306
316
-330
328
332
366
131
128
132
137
128
143
139
140
134
132
127
141
610
539
568
649
642
675
75r
734
846
865
897
929
789
814
821
820
848
880
902
935
939
986
999
999
926
915
922
897
889
874
866
850
839
837
825
823
269
272
276
274
273
311
267
264
269
273
280
324
3,004
2,952
3,006
3,075
3,073
3,194
3,231
3,239
3,358
'3,421
3,459
3,582
2,757
2,709
2,764
2,829
2,824
2,946
2,991
2,997
3,115
3,176
3,208
3,329
1,729
1,696
1,728
1,769
1,789
1,870
1,898
1,909
1,991
2,023
2,054
2,168
1,027
1,013
1,036
1,060
1,035
1,075
1,093
1,088
1,123
1,153
1,154
1,161
247
243
242
247
249
248
240
242
243
246
250
253
1936— January _ _ _ ...
February
March .„
April.
May
June
July
August
September
October..
November
December
1941 —January
February
March
April.....
May
..
June
July
August..
September
October-.
November
December
1
s
3
...
Beginning July 1940, includes Treasury deposit receipts; see introductory text, p. 566.
Total assets or total liabilities.
Through December 1937, excludes deposits in offices outside England and Wales which are included in total.
650
BANKING AND MONETARY STATISTICS
NO. 169-COMMERCIAL BANKS IN FRANCE-PRINCIPAL ASSETS AND LIABILITIES, MONTHLY, 1930*1941
[End of month figures. In millions of francs]
Assets
Year and month
Cash
reserves
Due
from
banks
Bills
discounted
Liabilities
Loans
Other
Balance
sheet 1
total
Deposits
Total
Demand
Own
acceptances
Time
Other
4 large banks
1 930— January
February
March
April
May
June
July
August „„ _ _ „ _ _ _ .
September
October ,..„.,_._„.
November
December
6 560
6, 829
7, 617
8, 407
10, 123
9, 415
8, 709
9 037
9, 196
9, 283
9, 120
8 408
21,490
21,309
20,619
19,839
19,566
20,403
20,481
20,679
19,607
19,894
20,564
20,448
9,843
10,109
9,947
10,528
9,920
10,074
10,653
10,257
10,396
10,651
10,652
10,743
1,968
,803
,778
,740
,895
,939
2,014
1,984
2,032
2,108
2,187
2,361
39,861
40,049
39,960
40,512
41,504
41,830
41,856
41,957
41,231 !
41,935 1
42,523
41,959
34,889
35,265
35,205
35,779
36,599
36,914
36,841
36,976
36,246
36,841
37,372
36.681
33,761
33,980
33,726
34,210
34,920
35,358
35,316
35,351
34,634
35,106
35,767
35,284
,129
,285
,479
,569
,679
,556
,525
,625
,612
,735
,605
,397
,227
,132
,039
965
,084
,022
,003
913
885
857
854
921
3,745
3.653
3,716
3,769
3,821
3,894
4,012
4,068
4,100
4,237
4,297
4,357
455
331
878
353
505
337
915
962
524
776
1,846
2,168
21,081
21,098
21,363
21,869
22,930
22,507
20,919
21,153
20,242
19,006
17,851
18,441
10,042
10,593
10,425
10,316
9,943
9,592
9,282
9,313
9,669
9,445
9,382
9,274
1,703
1,677
1,782
1,882
1,945
1,934
1,859
1,856
1,807
1,901
1,974
2,130
41,280
41,698
42,448
43,419
44,323
44,370
42,974
43,285
42,242
43,129
43,197
43,324
36,611
37,112
37,775
38,594
39,462
39,502
38,181
38,536
37,566
38,342
38,350
38,245
35,090
35,456
36,106
36,971
37,861
37,938
36,642
36,991
36,137
36,972
37,019
37,023
1,521
1,656
1,669
1,623
1,601
1,564
1,539
1,545
1,429
1,370
1,332
1,222
974
,001
,076
,113
,083
,020
847
738
565
573
567
576
3,665
3,585
3,^66
3,712
3,779
3,848
3,945
4,011
4,111
4,214
4,280
4,503
18,454
17,347
17,482
18,043
18,998
18,994
20,136
18,745
19,034
19,757
21.266
. 22,014
8,612
8,808
8,308
7,934
7,970
8,306
7,904
8,211
8,268
8,058
7,898
7,850
1,300
1,135
1,315
1,327
1,304
1,316
1,379
1,422
1,462
1,546
1,576
1,749
41,543
41,662
41,382
41,420
41,336
41,819
41,659 !
41,761 1
42,035
42,051
43,0,85
42,386
37,375
37,653
37,184
37,167
37,109
37,601
37,294
37,435
37,652
37,539
38,568
37,759 I
36,196
36,435
35,983
35,929
35,826
36,351
36,031
36,148
36,372
36,197
37,256
36,491
587
444
554
532
453
404
394
350
328
334
288
295
3,580
3,565
3,643
3,720
3,773
3,814
3,971
3,976
4,054
4,178
4,229
4,331
338
323
305
291
247
372
379
360
253
257
258
273
3,703
3,696
3,730
3,850
3,824
3,895
4,011
4,069
4,144
4,266
4,322
4,362
1931 —January
„.„
February
March
, „_
April
May
,- ..
June
„ „ __
July
, ...
August
„__„
September
October
..„_..
November
December . „ _
8
8
8
9
9
10
10
10
10
12
12,144
11,311
1932— January,. „ _ _ . „ _ _ _ _
February
March-.--.,
April
May—. „.„.
June
July........
....
August
September
October . . _ . _ _ _
November
December - .... -
11,079
12,113
11,874
12,280
11,288
11,475
10,375
11,578
11,072
10,574
10,571
9,007
2,098
2,259
2,404
1,836
1,776
1,727
1,866
1,804
2,200
2,117
1,774
1,766
1 933— January
February
„.,._.
March
April.,.
„____
May
June
July
August
September _ , . „
October
November,,. „.___-,
December
7,445
6,832
7,181
6,959
8,184
8,499
8,738
8,027
7,907
7,094
6,333
5,870
1,996
2,072
2,052
1,958
1,960
1,931
1,723
1,600
1,504
1,480
1,545
1,416
22,209
21,287
2"0,261
20,852
20,048
19,889
20,236 '
19,851
19,835
20,229
19,876
19,848
7,785
8,326
8,586
7,799
7,777
7,824
7,848
7,813
7,792
7,880
8,127
8,309
1,131
1,096
1,163
1,206
1,227
1,420
1,521
1,565
1,540
1,626
1,707
1,827
40,566
39,613
39,243
38,775
39,195
39,562
40,068
38,855
38,577
38,309
37,589
37,270
36,528
35,593
35,208
34,634
35,124
35,295
35,676
34,426
34,181
33,786
33,009
32,635
35,308
34,477
34,163
33,655
34,145
34,307
34,671
33,419
33,217
32,811
32.075
31,773
,221
,117
,045
979
979
988
1,005
*,OQ7
964
976
933
862
1934—January ,
February
March. . , . _ „ „ _ _ ,
April
May .
June
July
August
September......
October. ..
,
November
December. _. ..
6,373
4,650
5,001
5,306
5,567
5,547
6,105
6,263
6,946
7,450
6,485
5,836
1,574
1,724
1,634
1,590
1,496
1,478
1,407
1,393
1,419
1,508
1,473
1,421
19,169
18,174
17,990
17,973
18,043
18,435
18,705
18,024
18,384
17,972
17,363
18,304
8,537
8,956
8,514
8,616
8,356
8,199
8,526
8,327
8,511
8,124
8,003
8,159
1,034
1,130
1,202
1,220
1,185
1,201
1,270
1,316
1,395
1,488
1,562
1,717
36,685
34,634
34,342
34,704
34,648
34,861
36,013
35,323
36,656
36,541
34,886
35,436
32,809
30,736
30,390
30,677
30,621
30,820
31,888
31,165
32,460
32,239
30,542
30,943
31,969
29,891
29,571
29,816
29,748
29,916
30,962
30,275
31,547
31,332
29,582
30,039
841
845
819
857
875
904
926
889
913
90S
960
904
284
334
345
320
261
208
201
183
179
183 j
192
193
3,592
3,564
3.608
3,708
3,766
3,833
3,925
3,976
4,016
4,119
4,152
4,301
1935— January
February. . „ _ _ _
Mareh
April „ „ . . . _ _ _ _ _ _ .
May
, une
July
August, „„„__.,,..
September,. „ .
October .. . .....
November
December
5,864
5,607
6,066
5,196
,648
,151
,348
,211
,075
3,996
3,909
3,739
1,662
1,603
1,586
1,642
2,506
2,308
2,151
2,399
2,364
2,413
2,759
2,484
18,024
18,300
19,042
18,302
17,181
17,949
17,464
17,226
17,585
17,692
16,529
16,141
8,052
7,840
7,713
7,802
8,544
7,902
7,702
7,502
7,450
7,505
7,718
8,025
992
,010
,090
,141
,276
,313
,383
,414
,489
,620
,751
,900
34,592
34,359
35,497
34,082
34,155
33,623
33,049
32,841
32,964
33,226
32,666
32,289
30,593
30,342
31,449
29,999
29,958
29,521
• 28,649
28,589
28,684
28,800
28,110
27,553
29,830
29,591
30,685
29,218
29,129
28,756
27,932
27,916
28,016
28,101
27,406
26,859
763
751
765
781
830
766
718
673
669
699
704
694
220
228
237
251
312
312
293
•257
236
268
320
337 i
3,779
3,789
3,810
3,833
3, 885
3,790
4,106
3,995
4,043
4,158
4,226
4,399
For footnote see opposite page.
,179
,218
,201 i
,239
,284 !
,250
,263
,286
,280
,342
,312
,268
1
:
:
i
i
INTERNATIONAL FINANCIAL STATISTICS
651
NO. US-COMMERCIAL BANKS IN FRANCE-PRINCIPAL ASSETS AND LIABILITIES, MONTHLY, 1930-1941-Continued
[End of month figures. In millions of francs]
Assets
Year and month
Gash '
reserves
Due
from
banks
Bills
discounted
Liabilities
Loans
Balance
sheet 1
total
Other
Deposits
Total
Demand
Time
Own
acceptances
Other
4 large banks
1936 —January
February
March
April
May
June
July
August
September
October
November
December
3,451
3,431
3,587
3,517
3,513
3,494
3,206
3,097
3,083
3,186
3,f73
3,100
2,563
2,528
2,617
2,902
3,032
2,768
2,410
2,326
"2,757
2,766
2,839
2,975
16,601
16,470
16,135
16,199
16,014
14,972
15,410
15,445
14,876
17,070
17,298
17,582
7,765
8,006
7,700
7,677
7,542
7,328
7,215
7,031
7,301
7,452
7,625
7,631
1,086
1,101
1,222
1,270
1,333
1,385
1,445
1,451
1,554
1,727
1,824
1,957
31,465
31,535
31,262
31,565
31,435
29,946
29,687
29,349
29,570
32,201
32,759
33,245
27,548
27,603
27,194
27,410
27,199
25,655
25,334
24, 979
25,137
27,549
28,015
28,484
26,859
26,903
26,522
26,714
26,523
25,022
24,761
24,451
24,613
27,028
27,467
27,955
689
700
672
696
676
633
573
528
524
521
548
529
349
338
391
397
424
391
359
335
368
408
454
473
3,568
3,595
3,677
3,757
3,812
3,897
3,994
4,035
4,066
4,244
4,290
4,289
1937—January
February
March.
_
April
May
June
July
August
.... ,
September
October
„
November
December
2,852
2,798
5,237
2,891
3,014
2,761
2,764
2,925
2,790
2,698
3,325
3,403
3,589
3,770
3,596
3,579
3,666
3,933
4,176
4,258
4,552
4,434
4,040
4,116
18,289
17,825
16,701
16,043
16,479
15,869
16,954
16,842
16,802
19,079
18,046
18,249
7,949
8,056
8,357
8,116
7,996
8,514
8,276
8,008
8,723
8,172
7,834
7,624
1,340
1,397
1,448
1,481
1,446
1,595
1,602
1,689
1,832
1,952
2,011
2,134
34,018
33,847
35,340
32,110
32,601
32,673
33,773
- 33,722
34,698
36,335
35,256
35,526
29,831
29,644
31,008
27,703
28,242
28,128
29,069
28,988
29,838
31,277
30,142
30,348
29,304
29,061
30,465
27,164
27,682
27,568
28,523
28,438
29,288
30,708
29,539
29,748
527
583
543
539
560
560
546
550
550
569
604
600
561
,602
600
583
542
591
570
583
644
695
695
661
3,626
3,600
3,732
3,825
3,817
3,954
4,133
4,152
4,216
4,364
4,419
4,517
1 938 —January
February ...
March,
April
May.., _
June
July
August
September
October
November
Dec> mber
2,990
3,218
3,025
3,063
5,976
4,086
3,297
3,270
4,410
3,152
3,357
3,756
4,319
4,357
4,302
4,128
3,944
3,799
3,962
4,708
4,237
4,238
4,318
4,060
17,921
17,617
17,533
18,817
20,271
20,443
21,620
19,828
14,080
18,940
18,522
21,435
7,905
7,994
7,331
7,423
7,153
7,083
7,314
7,490
8,072
7,613
7,956
7,592
1,400
1,475
1,546
1,617
1,573
1,538
1,653
1,702
1,921
2,088
1,976
1,940
34,535
34,661
33,737
35,048
38,917
36,949
37,846
36,998
32,720
36,031
36,129
38,783
30,022
30,198
29,234
30,454
34,394
32,464 1
33,184
32,293 i
27,869
30,952
30,971
33,578
29,386
29,542
28,620
29,874
33.828
31,938
32,701
31,784
27,405
30,449
30,460
33,042
636
656
614
580
566
527
483
508
463
503
511
537
740
781
780
781
676
534
566
650
678
775
746
721
3,773
3,682
3,722
3,813
3.847
3,950
4,096
4,155
4,174
4.304
4,411
4.484
1939—January
February
March.
April
May
June
July
August. .
September.'
October
November _
December .
3,329
3,433
3,604
3,522
5,148
3,538
3,464
6,357
5,062'
4,534
4,171
4,599
3,985
3,824
3,519
3,745
3,769
3,857
3,580
3,718
3,862
3,698
3,714
3,765
22,100
23,024
23,945
25,667
25,102
25,263 ,
25,717
18,784
20,888
23,170
25,649
29,546
7,079
6,927
6,654
6,414
7,061
6,538
6,850
7,353
7,710
7,809
7,907
7,546
1,339
1,250
1,310
1,353
1,409
1,472
1,532
1,674
1,735
1,936
2,068
2,440
37,832
38,458
39,032
40,701
42,489
40,669
41,142
37,886
39,258
41,147
43,509
47,896
33,444
34,243
34,793
36,368
38,120
36,231
36,650
33,293
34,642
36,285
38,423
42,443
32,863
33,619
34,127
35,700
37,444
35,547
35,991
32,668
34,048
35,675
37,835
41,872
581
624
667
667
676
684
659
626
594
610
588
571
643
538
541
558
519
486
430
455
427
534
631
844
3,745
3,677
3,697
3,775
3,849
3,951
4,063
4,138
4,190
4,328
4,455
4,609
4,066
4,293
4,110
4,080
3,993
3.920
29,808
30,810
34,123
7,756
7,579
7,499
1,745
1,849
1,961
47,455
48,524
51,613,
42,850
43,737
46,608
42,302
43,195
46,064
548
542
544
938
1,034
1,105
3,667
3,753
3,901
1940—January
February
March
,.
„
-
3 large banks
1940—September 2
October
November
December
5,817
5,453
5,111
6,258
3,615
3,526
3,562
3,546
37,051
40,757
43,251
44,243
9,121
8,533
8,060
7,984
1,690
1,760
1,823
1,999
57,294
60,029
61,808
64,029
52,599
55,194
56,741
58,890
52,287
54,868
56,306
58,413
312
326
436
477
651
511
502
535
4,143
4,325
4,564
4,604
1941 —January,
February
March
.April
May
June
July
August
September
October
November
December
5,704
5,628
5,661
5,407
5,549
5,641
5,837
5,436
5,790
6,034
5,840
6,424
3,297
3,197
3,191
3,190
3,279
3,359
3,239
3,272
3,241
3,270
3,287
3,260
46,294
48,596
50,401
51,158
52,961
54,826
53,951
56,141
56,788
55,716
56,837 .
57,707
8,064
8,155
7,784
7,768
7,720
8,035
7,511
7,306
7,640
8,807
7,719
7,860
1,396
1,357
1,403
1,429
1,351
1,371
1,526
1,431
1,464
1,571
1,693
1,744
64,755
66,932
68,440
68,952
70,859
73,232
72,064
73,586
74,923
75,398
75,375
76,995
60,323
62,528
63,998
64,441
66,229
68,376
67,148
68,600
69,763
70,229
70,070
71,736
59,820
62,003
63,465
63,910
65,712
67,867
66,640
68,094
69,269
69,754
69,619
71,304
503
525
533 l
531
516
509
508
506
495
475
451
433
586
599
534
467
454
474
460
418
388
398
432
393
3,846
3,805
3,909
4,044
4,176
4,383
4.456
4,568
4,772
4,771
4,873
4,865
1
2
Total assets or total liabilities, excluding unpaid capital for two banks.
Data incomplete April through August.
652
BANKING AND MONETARY STATISTICS
NO. 170-COMMERCIAl BANKS IN CANADA-PRINCIPAL ASSETS AND LIABILITIES, MONTHLY, 1931-1941
[End of month figures. In millions of Canadian dollars!
Liabilities
Assets
Security
loans
abroad
and net Securities
Other
due from
loans and foreign
discounts banks
Entirely in Canada
Year and month
Balance
sheet
total'
Other*
Note
circulation
Deposit* payable in Canada
excluding interbank deposits
Other*
Cash
reserves
Security
loans
1930—January .
..
February
March
_
„„
April
May _ _
June
July
.„. .
August
September
- ..
October
,.„______
November
December
206
201
206
206
203
204
200
195
203
214
239
207
237
227
231
233
235
239
232
229
226
214
212
205
1,492
1,474
1,467
1,470
1,460
1,425
1,386
1,371
1,373
1,343
1,307
1,275
204
196
192
185
198
225
232
243
227
234
252
171
431
423
418
428
431
444
447
458
480
544
552
604
751
749
751
754
703
759
674
653
720
693
694
682
3,321
3,270
3,265
3,276
3,230
3,296
3,171
3,147
3,228
3,243
3,255
3,144
144
146
145
140
148
146
139
150
146
148
146
133
2,167
2,129
2,134
2,155
2,093
2,134
2,082
2,064
2,146
2,167
2,130
2,115
727
689
689
713
660
724
680
660
726
735
691
689
,440
.440
,445
,441
,432
,410
,402
,404
,420
,432
,439
,426
1,010
995
986
982
989
1,016
950
934
936
928
979
896
1931—January
February „
March
April
May
June
July
August
September
October
November. „
December
180
176
175
182
185
178
173
174
182
186
227
201
192
186
175
181
187
182
163
159
167
159
157
135
1,273
1,258
1,270
1,286
1,285
1,263
1,257
1,264
1,284
1,293
1,263
1,253
165
181
181
134
112
151
118
129
132
127
146
146
593
654
649
651
669
695
694
701
678
696
720
694
619
631
653
654
644
660
611
607
603
598
621
569
3,022
3,086
3,103
3,088
3,082
3,129
3,015
3,034
3,045
3,057
3,133
2,998
129
131
126
124
129
128
126
126
128
140
131
129
2,033
2,088
2,115
2,108
2,090
2,122
2,059
2,066
2,090
2,109
2,144
2,058
604
652
669
654
634
671
607
605
634
646
748
698
,429
,436
,445
,453
1,456
1,450
1,451
1,461
1,456
1,462
1,396
1,360
860
868
862
856
863
879
831
842
828
809
858
811
197
187
182
174
177
189
186
176
174
182
220
211
131
130
131
122
114
110
112
114
115
117
108
103
1,247
1,259
1,264
1,263
1,247
1,211
1,179
1,147
1,142
1,161
1,140
1,104
118
122
122
122
117
120
124
149
143
151
199
155
674
664
672
666
663
669
674
703
699
727
760
778
533
552
557
553
549
550
515
513
626
537
533
500
2,901
2,912
2,926
2,900
2,868
2,848
2,790
2,802
2,799
2,875
2,960
2,852
123
122
122
125 .
119
126
123
117
124
120
116
115
1.991
1,986
1,996
1,977
1,955
1,919
1,874
1,893
1,888
1,949
1,988
1,916
622
596
608
584
568
546
511
527
528
579
609
538
,368
,390
,389
,393
,387
,373
,363
,367
,359
,371
,379
,378
788
804
808
798
794
803
793
791
787
806
856
821
204
199
200
192
193
198
197
192
187
191
210
197
100
97
96
94
94
102
109
105
110
111
105
106
1,083
1,069
1,086"
1,088
,073
,057
,042
,026
,031
,037
,008
,036
132
129
117
135
139
145
151
146
176
156
149
134
784
798
793
806
836
860
866
86fr
881
882
861
861
480
490
499
504
502
528
499
484
482
493
509
482
2,784
2,782
2,791
2,819
2,835
2,890
2,864
2,819
2,866
2,869
2,843
2,816
108
112
124
119
129
120
121
129
122
121
121
1,887
1,888
1,883
1,914
1,946
1,957
1,958
1,924
1,964
1,983
1,925
1,920
504
491
494
514
549
570
578
551
591
633
567
503
,383
,397
,389
,400
.397
,387
,380
,373
,372
,350
,358
,357
789
782
785
782
770
804
785
775
774
764
797
775
194
193
187
187
187
185
206
212
219
224
232
228
104
102
103
101
103
99
98
100
101
108
99
103
135
144
159
169
176
183
163
184
178
162
185
155
832
833
835
837
830
837
850
862
888
911
920
967
467
484
472
493
507
493
494
482
474
488
480
491
2,744
2,767
2,785
2,831
2,840
2,815
2,806
2,838
2,870
2,921
2,918
2,919
113
117
128
121
119
129
122
131
136
130
132
124
1,877
1,885
1,893
1,944
1,964
1,922
1,929
1,939
1,971
2,038
2,035
2,035
526
530
526
668
597
557
568
571
594
668
624
628
,351
,355
,367
,376
,368
,365
,360
,367
,377
,370
,411
,407
754765
764
767
757
764
756
769
763
753
751
761
1932—January
February
March
April
May
June
July
August
September
October
November
December
,__
1933— January
February
March
_
April
May
June
July
August .....
September
October
November
December
,
_
...
„
._
1934—January
February
March
April
„-- ^-May
June
.
July
.
August
September
October
November.. , „ „,
December
. .
For footnotes see end of table, p. 654.
,012
,011
,029
,044
,037
,018
996
,000
,010
"1,029
1,003
977
Total
!
m
Demand
Time*
INTERNATIONAL FINANCIAL STATISTICS
653
NO. 17&-COMMERCIAL BANKS IN CANADA-PRINCIPAL ASSETS AND LIABILITIES, MONTHLY, 1910-1941-Contmued
[End of month figures. In millions of Canadian dollars]
Liabilities
Assets
Security
loans
abroad
and net Securities
Other
due from
Security
loans and foreign I
loans
discounts banks
Deposits payable in Canada
excluding interbank deposits
Entirely in Canada
Year and month
Cash
reserves
1935— January
February
March
April
May
June
July
August
September
October
November
December
.__:
230
230
207
214
204
207
209
228
223
235 '
229
228
91
86
81
81
82
85
77 i
77
76
74
96
83
Others
Balance
sheet
total1
Note
circulation
Other"
Total
Demand
Time*
958
957
965
981
971
955
938
955
965
982
980
945
147
149
152
142
155
127
134
142
157
132
151
141
973
984
970
1,000
,005
,018
,031
,041
,103
,116
,137
,155
481
475
470
511
498
518
503
520
513
520
500
529
2,881
2,880
2,845
2,929
2,915
2,910
2,892
2,963
3,036
3,059
3,092
3,079
117
119
118
114
117
122
114
123
123
121
124
111
2,014
2,003
2,006
2,086
2.064
2.039
2.032
2,065
2,131
2,151
2,174
2,180
602
575
560
634
617
613
604
631
687
685
699
694
1,412
1,428
1,447
1,452
1,447
1,426
1,428
1,434
1,444
1,465
1,474
1,486
749
758
720
729
735
749
746
775
782
787
794
789
1936 —January. _ _
February .
March......
AprilMay
June
July
August .
September
October. „ . _ , _ _ _
November
December
220
224
227
228
225
230
227
225
226
232
264
240
78
78
77
83
87
91
91
91
105
109
116
114
874
869
864
862
828
777
768
776
807
816
800
791
150
151
154
145
131
113
110
157
146
146
179
161
,207
,265
,316
,314
,345
,368
,357
,355
,380
,363
,316
,384
514
486
506
521
491
556
529
637
541
537
531
554
3,042
3,073
3,143
3,154
3,108
3,135
3,084
3,141
3.205
3,202
3,207
3,242
112
118
117
114
116
115
113
115
111
112
109
103
2,144
2,152
2,197
2,229
2,193
2,207
2,174
2,175
2,263
2,261
2.269
2,303
645
635
665
692
666
702
680
672
762
751
722
755
1.499
1,517
1,532
1,536
1,527
1,505
1,494
1,603
1,501
1,510
1,547
1,548
787
803
830
811
798
813
79«
851
832
830
829
837
1937 — January
February
March
April...
247
239
242
246
240
238
231
241
238
252
273
255
119
119
124
121
117
116
114
114
100
82
87
76
796
805
814
835
852
853
852
863
883
890
884
862
173
214
161
141
139
128
139
119
110
114
121
102
,412
,422
,427
,440
,438
,442
,431
,446
,446
,411
.391
,411
515
530
568
565
549
582
532
544
564
550
537
575
3,262
3,329
3.337
3,347
3,334
3.359
3,299
3,326
3,340
3,299
3,293
3,281
103
108
105
106
103
107
107
105
103
106
101
96
2,330
2,369
2,370
2,383
2,372
2,379
2,322
2,345
2,371
2.333
2.351
2,335
782
805
786
799
799
809
750
767
797
749 !
781
762
1,549
1,564
1,584
1,583
1,574
1,670
1,572
1,578
1,675
1,584
1,570
1,583
828
852
862
858
860
873
869
877
865
860
841
850
96
98
121
129
119
123
137
150
147
192
166
,434
,440
,438
,456
,449
1,462
1,437
1,440
1,421
1,409
1,426
1,463
541
543
538
542
541
580
531
512
533
525
527
535
3,239
3,245
3,266
3,337
3,332
3,399
3,322
3,334
3,400
3,424
3,455
3,432
92
95
96
95
91
99
95
93
99
94
92
88
2,314
2,319
2,338
2,414
2,403 i
2.459
2,394
2,418 i
2,447
2,480
2,499
2,500
723
704
715
783
777
838
772
783
814
824
844
840
1,591
1,615
1,623
1,631
1,626
1,621
1,623
1,635
1,633
1,656
1,655
1,660
833
831
. 833
829
838
841
833
824
854
850
864
843
167
171
192
203
217
226
202
245
214
209
157
132
,454
,490
,499
,509
,505
,525
,520
,507
,502
,662
,665
,646
518
512
523
513
515
559
533
525
539
541
598
612
3,396
3,421
3,471
3,496
3,521
3,575
3,520
3,548
3,605
3,853
3,872
3,822
85
88
93
90
85
92
86
88
95
90
89
85
2.457
2,471
2,492
2,509
2,524
2,542
2,520
2,524
2,583
2,837
2,809
2,774
789
780
791
812
846
862
822
822
891
1,128
1,074
1,033
1,667
1,691
1,700
1,697
1,678
1.680
1,697
1.702
1,692
1,709
1,735
1,741
855
862
886
897
912
040
914
937
927
925
974
963
May
June.
_'.
July
August..
September..
October.
November., __
December
1938— January
February
March
* April.,..
May
June
July
August
September
October...
November..
December
1939 — January,
February ..
March
April..
May....
June
July
August.
September
October
November „
December.., ._
257
242
247
248
247
247
240
262
270
291
277
263
72 !
70
63
64
66
69
71
71
60
66
64
65
276
267
259 i
261
266
255
266
265
279
304
295
292
63
60
56
54
55
53
51
49
51
53
56
53
For footnotes see end of table, p. 654,
839
852
870
906
900
921
920
913
965
986
970
940
919
921
943
956
963
957
947
"
957
1,020
1,083
1,102
1,088
no
654
BANKING AND MONETARY STATISTICS
NO. 170-COMMERCIAL BANKS IN CANADA-PRINCIPAL ASSETS AND LIABILITIES, MONTHLY, 19H-1Mt-Continwd
[End of month figures. In millions of Canadian dollars]
Assets
Liabilities
Security
loans
abroad
and net Securities
Security Other due from
loans loans and foreign
discounts banks
Other*
571
569
518
553
528
521
506
489
529
526
513
570
3,769
3,781
3,715
3,732
3,746
3,666
3.617
3,610
3,729
3,711
3,682
3,731
82
86
88
84
91
93
89
90
88
88
88
80
522
531
521
544
537
575
559
553
579
594
593
653
3,802
3,919
3,910
4,019
4,015
,068
,054
,031
,053
,031
4,061
4,137
79
80
80
79
80
80
80
81
79
80
76
71
Entirely in Canada
Year and month
Caah
reserves
1940 —January
February
March
April
May
June
July . ...
August
September
October
November
December
290
273
265
281
300
272
277
291
319
310
313
323
48
57
52
54
44
39
39
38
37
41
41
40
1,073
1,104
1,115
1,072
1,063
1,067
1,053
1,062
1,102
1,138
1,128
1,108
134
140
166
180
194
184
166
162
178
177
174
159
,654
,638
,599
,592
,617
,583
,576
,569
,563
,520
,513
,531
1941 —January
February
March
April ,
May
une
July
August
September.^ „
October
November .
December
312
293
296
325
321
288
314
299
308
325
342
356
36
34
35
31
29
33
34
35
36
37
36
32
1,092
1,104
1,115
1,109
1,132
1,292
1,279
1,255
1,237
1,233
1,218
1,169
164
170
178
189
183
191
188
190
197
199
182
168
,677
,788
,766
1,820
1,812
1,688
1,681
,698
,696
,643
,690
,759
1
„
•
Balance
sheet
totals
Note
circulation
Deposits payable in Canada
excluding interbank deposits
Other'
Total
Demand
Time*
2,755
2,772
2,724
2,743
2,785
2,706
2,674
2,689
2,800
2,778
2,758
2,805
1,005
,113
,063
,071
,142
,098
,062
,055
1,145
1,178
1,132
1,163
1,751
1,659
1,661
1,672
1,643
1,609
1,613
1,634
1,655
1,600
1,626
1,641
932
923
903
905
870
860
854
831
841
845
837
846
2,873
2,989
2,972
3,064
3,045
3,075
3,068
3,031
3,037
3S012
3,041
3,105
,205
,302
,270
,356
,350
,608
,579
1,509
1,482
1,420
1,402
1,436
1,668
,687
,703
,708
,695
,467
,489
,522
,555
1,592
1,639
1,669
851
850
858
877
889
913
907
919
938
939
944
962
Ten chartered banks, The character of the balance sheet items was altered somewhat after the formation of the Bank of Canada in April
1935;2 in particular, the banks' cash reserves now consist largely of deposits with and notes of the Bank of Canada,
Includes interbank note holdings and amounts due to foreign banks, omitted from both sides of the balance sheet in figures published in the
Federal Reserve Bulletin before June 1941.
8
Total assets or total liabilities.
4
Through July 1935, includes deposits in Canada denominated in foreign currencies; thereafter such deposits are included in other liabilities.
INTERNATIONAL FINANCIAL STATISTICS
655
NO. ^-COMMERCIAL BANKS IN GERMANY'-PRINCIPAL ASSETS AND LIABILITIES,
JUNE AND NOVEMBER, 1930-1933; MONTHLY, 1934-1941
[End of month figures. In millions of reichsmark]
Assets
Year and month
2
Cash
reserves
Due
from
banks
Bills
discounted
Loans
Liabilities
Securities
Other
Balance
sheet
totals
Deposits
Total
Demand
Time
Credits
obtained
from
banks
Other
253
191
249
173
209
143
171
131
1,558
1,483
1,136
817
638
583
504
471
3,256
2,453
1,914
1,431
1,660
1,631
1,660
1,702
7,685
7,416
6,451
5,377
4,719
4,570
3,996
3,731
529
482
479
807
927
938
939
860
691
880
.1,024
1,127
1,035
991
955
1,003
•13,973
12,905
11,252
9,731
9,189
8,857
8,224
7,897
10,538
9,091
7,506
6,062
6,306
6,161
5,872
5,754
4,506
3,857
3,626
3,252
3,226
2,958
2,817
2,624
6,032
6,233
3,880
2,810
3,081
3,203
3,055
3,130
1,759
1,986
1,771
1,328
1,235
1,146
865
661
1,676
1,828
1,975
2,341
1,648
1,550
1,487
1,481
August- _ _
September
October
November
December
1938—January
February
March
April
May
June
July „
August
September
October
November
December
1939 —January
February
March
April
May
June
July
115
149
139
139
193
146
119
172
134
115
(«)
127
185
163
145
194
185
151
195
156
139
257
134
128
186
136
141
175
146
138
180
130
137
257
154
130
201
132
139
180
145
153
216
136
148
256
147
141
197
151
167
208
178
199
270
179
195
343
184
175
219
189
237
214
194
450
447
437
441
441
421
414
415
400
393
(4)
382
371
346
340
363
360
341
341
314
316
305
306
307
317
301
300
295
.
263
274
287
273
269
273
303
301
315
297
288
296
298
282
322
277
299
297
283
278
308
273
260
271
263
255
295
261
270
312
285
307
308
271
292
306
289
1,802
1,724
1,790
1,844
1,829
1,840
1,913
1,918
2,017
2,037
2,003
2,082
2,108
2,234
2,234
2,264
2,284
2,221
2,035
2,167
2,162
2,202
2,294
2,275
2,285
2,429
2,406
2,435
2,363
2,32&
2,360
2,569
2,567
2,511
2,895
2,966
2,908
3,204
3,171
3,091
3,099
2,995
2,860
3,041
3,205
3,026
2,942
2,997
3,081
3,083
3,328
3,270
3,464
3,589
3,384
3,620
3,643
3,472
3,934
3,888
3,904
4,364
4,537
4,108
4,057
3,599
3,619
3,524
3,462
3,423
3,385
3,374
3,387
3,357
3,331
3,164
3,149
3,096
3,030
2,990
2,953
2,886
2,899
2,918
2,889
2,884
2,831
2,847
2,900
2,890
2,847
2,884
2,858
2,843
2,826
2,779
2,735
2,729
2,634
2,679
2,673
2,732
2,666
2,637
2,636
2,676
2,701
2,754
2,667
2,628
2,542
2,594
2,631
2,714
2,680
2,604
2,704
2,729
2,731
2,817
2,743
2,685
2,697
2,708
2,798
2,833
2,761
2,772
2,988
3,036
884
895
953
938
958
947
844
853
859
874
884
909
930
933
968
991
990
1,019
1,061
1,033
1,027
1,009
1,003
987
982
973
980
,008
,037
,047
,066
,075
1,112
1,125
1,020
1,022
1,014
949
1,039
1,037
981
1,083
1,070
,050
,020
,121
,083
,058
,000
,150
,094
,107
,100
,098
,097
,183
,406
,304
,178
,145
,112
,082
,073
,080
,076
990
987
984
974
951
966
956
976
983
983
,003
,047
,047
,038
,020
996
991
992
996
993
983
986
958
945
935
916
873
839
824
816
847
858
851
852
837
822
813
805
807
778
760
758
781
806
812
828
834
855
853
834
826
811
809
844
876
895
893
885
895
902
901
891
852
829
837
7,840
7,820
7,827
7,797
7,795
7,704
7,620
7,721
7,749
7,734
7,687
7,696
7,737
7,744
7,696
7,761
7,696
7,623
7,546
7,553
7,510
7,590
7,542
7,542
7,595
7,601
7,584
7,610
7,475
7,430
7,518
7,639
7,664
7,653
7,888
7,914
7,982
8,053
8,080
8,018
7,958
7,973
8,003
7,978
8,112
8,071
7,882
7,959
8,153
8,171
8,279
8,371
8,542
8,717
8,739
8,880
9,091
9,012
9,184
9,214
9,277
9,558
9,762
9,525
9,488
5,819
5,812
5,817
5,830
5,855
5,762
5,696
5,777
5,820
5,816
5,805
5,351
5,457
5,495
5,466
5,567
5,525
5,464
5,382
5,408
5,376
5,499
5,460
5,472
5,544
5,595
5,621
5,712
5,557
5,533
5,621
5,712
5,751
5,739
5,973
6,029
6,135
6,213
6,246
6,204
6,164
6,175
6,172
6,141
6,264
6,290
6,081
6,146
6,338
6,384
6,509
6,635
6,788
6,933
6,915
7,031
7,234
7,211
7,334
7,377
7,458
7,745
7,981
7,793
7,722
2,690
2,700
2,683
2,670
2,766
2,648
2,591
2,711
2,726
2,731
2,890
2,159
2,319
2,450
2,511
2,546
2,482
2,419
2,436
2,451
2,435
2,585
2,480
2,409
2,560
2,585
2,622
2,688
2,595
2,529
2,575
2,644
2,661
2,857
2,923
2,760
2,942
2,926
2,979
2,969
2,918
2,892
2,916
2,862
2,912
2,970
2,839
2,818
2,910
2,978
3,050
3,159
, 3,194
3,219
3,311
3,373
3,531
3,644
3,619
3,576
3,693
3,870
3,996
3,793
3,711
3,129
3,111
3,134
3,160
3,089
3,113
3,105
3,066
3,093
3,085
2,915
3,192
3,137
3,046
2,955
3,021
3,043
3,045
2,947
2,957
2,941
2,914
2,980
3,063
2,985
3,010
2,999
3,023
2,962
3,005
3,045
3,068
3,090
2,882
3,050
3,270
3,194
3,287
3,267
3,236
3,245
3,283
3,256
3,279
3,352
. 3,320
3,242
3*328
3,428
3,406
3,459
3,476
3,594
3,714
3,603
3,658
3,703
3,567
3,716
3,801
3,765
3,875
3,985
3,999
4,011
615
599
600
585
565
552
540
529
500
485
469
863
789
768
774
758
716
705
701
682
686
661
659
652
651
644
636
622
613
605
575
586
579
602
557
578
559
551
543
563
533
533
539
510
513
491
465
463
460
453
444
433
420
416
424
422
420
416
414
410
401
398
396
390
381
1,406
1,409
1,410
1,383
1,375
1,391
1,385
1,416
1,430
1,432
1,413
1,483
1,491
1,481
1,457
1,436
1,455
1,454
1,463
1,463
1,449
1,430
1,423
1,417
1,399
1,363
1,327
1,276
1,306
1,291
1,323
1,342
1,334
1,312
1,357
1,307
1,288
1,289
1,291
1,251
1,261
1,265
1,292
1,327
1,335
1,290
1,336
1,350
1,356
1,334
1,327
1,303
1,334
1,368
1.400
1,427
1,438
1,385
1,436
1,427
1,418
1,414
1,385
1.342
1,385
1939 December 6
1940 December «
1941 December"
404
510
621
238
262
268
4,768
7,422
9,323
2,889
2,254
2,634
1,018
1,862
2,448
827
685
633
10,144,
12,996
15,927
8,500
5,805
7,217
4,350
5,605
7,138
4,150
11,410
14,355
302
287
270
1,339
1,297
1,304
1930— June
November
1931— June
November
1932— June
November
1933— June
November
1934— February -- ,
March
April
May
June
July
August
September
October
November
December
1935— February 5
March
April
May
une
July
August
September
October
November
December _
193ft —January
February
March.
April
May
June
July
August
September
October
November
December
1937 —January,.
February
March
April. May -.
June
July..--
1
2
8
4
6
9
Five principal Berlin banks (in 1930-1931 six banks, two of which were amalgamated early in 1932).
In 1930-1933 figures available only for June and November; also January figures lacking in 1934 and 1935.
Total assets or total liabilities.
Figure not available.
Figures beginning February 1935 not fully comparable with preceding series.
No data published August through November 1939, and only December figures available for 1940 and 1941.
BANKING AND MONETARY STATISTICS
656
NO. m-MONEY RATES IN SELECTED
[Per cent per annum]
Germany
United Kingdom
2
2
2
2
2
2
2
2
2
2
2
2
4
4
4
4
4
4
4
4
4
4
4
4
3.29
3.54
3.20
3.07
3.05
3.03
3.59
3.79
3.74
3.72
3.72
3.73
3.26
3.32
3.05
2.96
2.97
2.98
3.49
3.76
3.71
3.64
3.69
3.71
2.13
2.62
2.25
2.21
2.31
1.99
2.58
2.92
2.76
2.85
2.87
2.55
1025— January
February ._„_„.
March .. _ „
April
May
June
July
August
September _„_ „
October
November
December __„_„_
4
4
4
5
5
5
5
5
4H
4
4
3.80
3.83
4.48
4.30
4.59
4.44
4.35
3.94
3.68
3.57
3.92
4.67
3.73
3.94
4,34
4.22
4.32
4.43
4.25
3.87
3.65
3.81
3.91
4.90
2.99
3.08
3.60
3.82
4.03
3.68
3.54
3.51
3.13
3.16
3.22
3.51
2
2
2-3
3
3
3
3
3-2H
2K
2M-2
2
2-3
1 926—January
February
March _,
April
May
June
July
August
September
October „.
November
December.
fi
5
5
"5
5
5
5
5
5
5
5
5
4.76
.31
.37
.33
.37
.27
.26
.45
4.54
4.69
4.57
4.53
4.78
4.25
4.34
4.34
4.43
4.29
4.29
4.55
4.65
4.80
4.80
4.60
4.00
4.00
4.26
3.92
4.18
3.82
3.86
3.99
3.99
4.07
3.95
3.78
3
3
3
3
3
3
3
3
3
3
3
3
1927—January
February
March
April
May
une
July .
August
September.. „__
October
November
December
5
5
5
5
4^
4.17
4.19
4.33
4.04
3.88
4,34
-4.33
.33
.32
.32
.33
.31
4.21
4.32
4.36
4.04
3.84
4.36
4.33
4.35
4.33
4.33
4.34
4,31
3.65
3.93
4.07
3.64
3.73
3.43
3.50
3,61
3.55
3.57
3.62
3.44
3
3
3
3-2H
.19
.18
.12
4.02
3.97
3.82
3.99
4.27
4.23
4.35
4.38
4.37
4.13
4.18
4.07
4.01
3.95
3.80
3.97
4.26
4.19
4.37
4.30
4,37
3.49
3,63
3.63
3.57
3.58
3.26
3.27
3.50
3.55
3.80
3.64
3.22
4.32
5.05
5.33
5.21
5.21
£32
5.38
5.47
5.59
6.13
5.35
4.76
4.29
4.96
5.30
5.18
5.21
5.35
5.39
5.48
5.63
6.19
5.30
4.75
x
P
1928—January J
February
March
April
"IVTOTT
June
July... .
August
September
October. . _
November
December
1929—January...
February
March.. _.
April
May
June
_„ ,
July
August.'.
September.....
October.
November
December
4H
4H
4M
£
5K
5Ji
VA
5^
5H
For footnote see end of table, p. 66J).
Switzerland
Central
Bankers' Central
Central Bankers'
Central
bank Private Money Day-to- hank Private Money
bank accept- Treasury Day-to- allowbank Private
day discount discount for one discount discount
ance on discount discount for one
day
hills
discount ances
month money j rate
month
rate
rate
rate
rate
rate 3 months 3 months money deposits
rate
Year and
month
1924—January
February
March
April
May
June
July
August
September
October
November
December
Netherlands
nlZ
ol^J
2M
2M
9L<£
9L^
2\s
s*
2M
2M
oL<J
2^4
3.41
2M
4.33 2M-3M
.51
.43
.67
.23
.54 i
.35
.39 3H-4^
. 5.45 4M-4
5.15
4-3M
4.23 3^-3
10
10
10
10
10
10
10
10
10
10
10
10
10
10
9
9
9
9
9
9
9
9
9
9
.
V
4.88
5.19
5.13
5.06
4.19
3.56
3.13
2.88
3.25
4.63
4.44
4.00
4.88
5.00
5.00
4.50
3.94
3.00
2.75
2.50
3.00
4.19
4.25
3.75
4
4
4
4
4
4
4
4
4
4
4
4
3.58
3.57
3.69
3.73
3.39
3.19
3.56
3.70
3.69
3.59
3.32
3.01
T
2.63
2.14
2.34
3.23
3.45
3.08
2.72
3.72
3.63
3.47
3.34
3.43
2.59
2.08
2.11
2.87
2.87
2.40
2.38
3.51
3.26
3.38
3.45
3.69
4
4
4
4
4
4
4
4
4
2.69
2.25
2.44
2.50
2.46
2.29
2.16
2.02
2.00
2.00
2.22
2.29
2.95
2.19
2.67
2.90
2.95
2.83
2.74
2.63
2.78
2.83
3.21
3.39
2.93
2.40
2.82
2.93
2.94
3.00
2.72
2.50
2.81
2.75
3.23
3.96
2.97
3.47
3.50
3.47
3.46
3.57
3.53
3.45
3.56
4.11
4.50
4.49
2.93
3.62
3.55
3.72
3.76
3.87
3.25
3.40
3.82
4.29
4.73
4.85
5
5
5
5»
5
5
5
5
5
5
8.38
8.00
8.00
8.00
8.00
7.83
7.88
7.78
7.27
7.16
6.78
6,75
11.28
12,15
11.25
10.25
10.46
10.59
10.81
10.64
10.55
10.55
10.57
10.29
9.64
10.59
8.98
8.50
8.88
8.73
9.40
8.87
8.51
8.99
8.36
8.07
9
8
8
7
7
7
6K
6
6
6
6
6
6.28
5.46
5.00
4.88
4.69
4.53
4.54
4.61
4.88
4.82
4.63
4.72
8.07
6.66
6.73
6.02
5.53
5.81
5.73
5.80
6.21
6.14
6.12
7,13
7.04
6.03
5.63
4.77
4.80
4.76
4.93
4.85
4.77
4.75
4.45
5.88
6
5
5
5
5
5
6
6
6
6
7
7
4.20
4.23
4.59
4.61
4.90
5.39
5.90
5.82
5.90
6.69
6.76
6.87
6.06
5.77
6.91
6.57
6.95
7.73
8.49
8.38
8.30
8.72
8.72
9.10
3.78
5.19
4.87
5.63
5.99
5.79
7.06
5.81
6.00
7.19
6.03
7.24
7
7
7
7
7
7
7
7
6.27
6.20
6.72
6.71
6.66
6.59
6.74
6.68
6.65
6.57
6.28
6.28
7.66
7.30
7.51
7.57
5.16
6.66
6.81
6.64
4.29
3.97
3.97
4.18
4.10
3.80
3.89
3.93
8.08
8.18
8.19
8.58
8.26
8.15
8.77
6.37
7.74
6.12
6.65
6.70
6.70
7.30
4.18
4,10
4.13
4,39
4.40
4.44
4.46
4.11
3.84
3.90
4.35
4.42
4.74
4.68
5.80
5.80
6.31
6.63
7.49
7.50
7.39
7.18
7.18
7.28
6.89
6.98
7.51
7.07
7.30
7.57
9.65
9.89
9.35
9.43
9.48
9.06
8.29
8.78
5.13
6.33
6.97
6.85
9.32
7.90
8.21
7.42
7.86
8.06
7.79
8.14
4.20
4.39
4.64
5.36
5.37
5.30
5.20
5.06
5.36
5.15
4.26
3.52
4.46
4.78
5.05
5.81
5.88
5.30
4.90
4.68
5.32
4.52
4.17
3.87
7
7
7
7
6M
6j"jj
6H
7M
7
4
4
4
4
4
4
4
3\z
S3
m
Ql^>
9lZ
3\S
yz
Q1X
3i4
3V4
3^
O1Z
4K
A\£
4H
3M
3M
3J4
$
1
VA
3H
VA
m
3H
3H
3H
3H
314
3^
3H
3H
354
3M
3^
3H
$¥i
V/2
&
%
3M
11
3M
3H
3H
3M
3H
3H
3^
3^i
?tij£
2.44
2.22
2.18
2.30
2.38
2.38
2.37
2.34
2.52
2.80
2.96
3.35
3.16
2.87
2.98
3.13
3.19
3.42
3.47
3.44
3.39
3.3B
3.39
3.40
3.29
3.12
3.20
3.29
3.32
3.40
3.44
3.41
3.38
3.38
3.35
3.32
3.28
3.31
3.39
3.45
3.34
3.26
3.19
3.33
3.38
3.38
3.32
3.15
INTERNATIONAL FINANCIAL STATISTICS
657
FOREIGN COUNTRIES, MONTHLY, 1924-1941
[Per cent per annum]
Japan
Year and
month
1924—January.
February
March
April
May..
June
July
August.... ~
September....
October.. _ _ _ _ _
November....
December
192 5— January
February
March.______
April...„.._.
May..______.
June..
...
July
August
September...
October
November..,
December...
1926™January
February
March
April
May.
June
July
August.. _ _ _ .
September. _
October.....
November..
December...
1927—January..,__
February
March
April
...
May
_,-_
June
July...
August
September __
October
November^.
December...
1928—January
February
March.
April
_
May
....
June.,July
August
September.October
November. _
December...
1929—January
February
March
April
May
June
July...
August
September. .
October
November.December._
BANKING AND MONETARY STATISTICS
658
NO. 17Z-MONEY RATES IN SELECTED FOREIGN
[Per cent per annumj
Germany
United Kingdom
4
4
4
S
5
6.33
5.53
5.12
4.46
3,89
3.58
3.40
3.24
3.30
4.66
4.79
4.82
7.71
6.72
6.35
5.57
5,00
4.80
4,57
4,43
4.54
5.93
6.51
7.24
6.03
6.01
5.57 i
4.40
3.62
3.74
4.30
3.73
3,78
5.15
5.48
5.54
5
5
5
5
5
5
7
15
10
8
8
8
4.75
4.88
4.76
4.65
4.65
6.05
7.00
8.92
7.99
8.00
8.00
7.33
6.64
6.31
6.17
5.87
5,83
7.05
8.98
9,18
9.18
9.84
9.31
7,40
4.93
5.49
5.00
5.67
5.38
6.74
8.89
9.15
9.15
9.21
8.69 •
8.45
1.29
.99
.67
.73
.67
.71
.73
.81
7
7
7
6
5
5
6
5
5
4
4
4
6.94
6.67
6.10
5.12
4.87
4.75
4.58
4. SO
4.25
3.88
3.88
3.88
7.58
7.98
7.10
6.31
5,96
5.76
5.75
5.75
5.55
. 5.00
5.00
5.08
7.86
7.81
7.76
6.17
5.91
5.70
5.49
5.82
5.55
4.94
4.80
4.91
3
3
3
3
2M
2^x
.76
.78
.46
.50
.37
.40
.40
.30
.31
.73
.94
1,15
.73
.73
.64
.61
.58
.62
.62
.62
.63
.75
.75
.77
4
4
4
4
4
4
4
4
4
4
4
4
3.88
3.88
3.88
3.88
3.88
3.88
3.88
3.88
3.88
3.88
3.88
3.88
5.03
5.00
5.00
5.25
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
4.98
4.86
4.97
5.05
5.24
4.93
5.19
4.94
5.00
5.11
5.18
4.97
2K
2M
2K
21^
.90
.86
.84
.89
.85
.85
.76
.74
.63
.68
.29
.47
.86
.88
.88
.88
.85
.92
.85
.81
.78
.75
.68
.70
4
4
4
4
4
4
4
4
4
4
4
4
3.88
3.88
3.88
3.88
3.88
3.76
3.75
3.75
3.81
3.81
3.63
3.50
4.78
4,91
5.00
5,11
5.13
4.67
4.44
5.02
5.13
5.13
4.37
3.56
4.74
.78
.89
.76
.72
.57
.67
.72
.71
.63
4.21
4.28
2M
2^
2K
2M
2M
.26
,28
.50
.51
.51
.64
.59
.58
.55
.62
.55
.68
.66
.63
.72
.75
.75
.75
.75
.75
.75
.75
.75
.75
4
4
4
4
4
4
4
4
4
4
4
4
3.51
3.41
3.38
3.38
3.09
3.00
3.00
3.00
3.02
3.04
3.01
3.00
3,93
3.77
3.60
3.60
3.10
2.93
2.97
3,00
3.07
3.26
3.10
3,23
3.82
3.83
3.94
3.64
3.17
3.16
3.10
3.06
3.21
3.13
3.07
3.15
4.07
3.82
2.78
2.48
2.16
2.31
2.37
2.21
2.07
2.09
2.18
2.30
4.04
3.72
2.55
2.49
2.11
2.30
2.38
2.17
2.05
2.13
2.15
2.34
3.62
3.76
3.20
2.28
1.93
1.93
1.78
1.85
1.68
1.65
2.01
1.60
2.25
2.56
2.60
2.58
2.24
2.09
2.58
4.28
4.74
5.68
5.75
5.85
2.24
2.37
2.56
2.57
2.21
2.10
2.44
4.21
4.57
5.46
5.55
5.60
1.74
2.29
2.20
2.17
1.87
1.64
2.05
3.59
4.04
4.36
4.96
4.27
2H
2
2
2
2
2
2
5.52
4.63
2.59
2.19
1.44
1.05
.92
.74
.67
.82
.89
1.02
4.94
4.08
2.28
2.07
1.10
.85
.66
.60
.55
.71
.82
1.04
2
2,
2
2
2
2
2
2
2
2
2
2
.87
.83
.62
.59
.50
.50
.48
.41
.44
.79
1.05
1.06
1934 —January
February.. .
March.
April
May...
June .
July...
August
September
October,
November
December
2
2
2
2
2
2
2
2
2
2
2
2
1.01
.95
.95
,96
.91
.91
.87
.79
.73
.77°
.45 '
,57
1935—January
February
March
April
May...
June
July...
August
September
October
November
December
2
2
2
2
2
2
2
2
2
2
2
2
1930—January
February
March .
April
May .
June
July
August
September
October . . .
November „
December
5
5
!»
3
3
3
3
3
3
3
1931 —January
February
March
April .
May
June
July
August
September
October
November
December .
3
3
3
3
3
2H
1932 —January
February
March
April...
May
June.
July
August
September
October
November
December
6
6
5
2H
4M
4H
6
6
6
3H
,
_
.
.36
.38
.57
.59
.59
.71
.65
.60'
.58
.63
.57
.71
For footnote see end of table, p. 660.
Switzerland
Central
Central
Bankers' Central
Central Bankers'
hank Private Money Day-to- bank Private Money bank Private
hank accept- Treasury Day-to- allowday
bills
ance on discount discount for one
day discount discount for one discount discount
discount ances
rate
rate
rate
rate
month money
rate
rate 3 months 3 months money deposits
month
rate
Year and
month
1933 — January
February
March.
April
MayJune
July
August
September
October
November
December
Netherlands
3
3-2H
2^-lH
1
1
1
1
1
1
1
1-2H
2^4'
4
4
4.20
4
3.84
4-3
2.40
3-1H
1.91 iM-i
7
6H
6
5
5
4M
4H
4
3
3
3
3
3
3
3
3
3
3
2H
2*4
2^
2L£
2
2
2
2
3
3
3
IK
2H
OLfJ
2H
2K
3
Ol^J
IH
2H
2H
2H
2J-i
2M
4H
5
4
6
5
6
8
2.99
2.80
2.50
2.52
2.29
1.89
1.85
.83
.96
.59
.31
.39
2,85
2,94
2,61
3,08
2.53
1.93
1.85
1.63
1.84
.48
.29
.86
.38
.12
.09
.50
.39
.05
.53
.30
.30
.76
.59
.57
,55
.05
.04
.61
.55
.07
.40
.22
01X
sk
3M
3
3
3
2H
2.97
2.71
2.60
2,61
2.44
2.06
1.92
.75
.50
.29
.16
.18
.'07
.73
.59
2
2
2
2
2
2
2
2
2
2
2
.17
.00
.99
.06
.12
1,12
- 1.65
1.98
1.80
.90
.77
.75
.24
.87
.22
.02
.60
.39
.49
.37
.37
.37
.37
.37
.37
.69
,06
.94
.03
.00
.00
.00
.00
.00
.00
.00
2
2
2
2
2
2
2
2
2
2
2
2
.68
.52
.50
.50
.50
.50
.50
.50
.50
.50
.50
.50
.37
.37
.64
.66
2.11
2.18
3.54
1.11
.77
.50
.45
.52
.00
.00
.11
.00
.69
.06
.64
.08
,00
.00
.00
,00
2
2
2
2
2
2
2
2
2
2
2
2
.50
.50
.50
.50
.60
.50
.50
.50
.50
,50
.50
.50
.50
.78
1.24
2.07
1.33
.78
.74
.75
.61
.59
.63
.60
.00
,00
.07
.85
.22
.00
.00
.00
.00
.00
.00
.00
2
2
2
2
2
2
2
2
2
2
2
2
.50
.50
.50
.50
.50
.50
.50
.50
.50
.50
.50
.50
.59
.58
.60
3.65
3.78
4.42
3.25
4.78
5.48
4.70
3.15
3.20
.00
.00
.00
3.26
2.96
3.83
2.77
4.72
5,65
5.00
3.00
3.08
2
2
2
2
2
.50
.60
.50
.80
2.39
2.60
2.79
2.47
2.40
2.37
2.44
2.50
2H
2H
2M
gj
INTERNATIONAL FINANCIAL STATISTICS
659
COUNTRIES, MONTHLY, 1924-1941-Continued
[Per cent per annum]
Belgium
Year and
month
France
Italy
Hungary
Central Private Central Private Central Private Central
bank
bank
disdisbank
bank
disdisdigcount
count
count
disdiscount
rate
count
count
rate
rate
count
rate
rate
rate
rate
1930—January
February.-.
March
April
May
_.
June-.
July
August
September. _
October.
November..
December...
3.40
3.41
3. -31
3.33
2.87
2.78
2.78
2.44
2.39
2.27
2.05
2.34,
3.38
2,91
2,70
2.57
2.36
2.11
2.08
2.10
1.99
2.00
2.00
2.03
7.00
6.95
6.57
6.43
5.81
5.50
5.50
5.50
5.48
5.25
5.43
5.50
1931—January
February...
March
.
April
May
June._-___-_
July—_ — _
August
September..
October
November. _
December,..
2.38
2.31
2.25
2.25
2.20
2.13
2.15
2.41
2.44
2.44
2.44
2.44
1.89
1.77
1.57
1.47
1.28
1.06
1.20
1.50
1.50
1.80
1.90
1.75
2.91
3.31
3.36
3.26
•3.21
3.16
3.17
3.12
3.00
3.00
3.00
2.94
1.75
1.75
1.80
1.66
1.50
1.22
.99
1.02
1.00
1.01
1.00
.91
7.50
6.92
6.53
6.00
5.52
5.50
5,50
5.50
5.50
5.00
5.00
5.00
1933—January
February...
March. _ _ _ _ _
April
May
June........
July...
August
September.,
October
November..
December...
2.88
2.78
2.62
2.50
2.41
2.31
2.31
2.31
2.27
2.21
2.12
2.25
1.12
1.89
2.04
.87
.76
.50
.45
.13
.25
.85
2.26
4.42
4.25
4.20
4.00
4.00
4.00
4.00
4.00
3.55
3.50
3.50
3.00
1934—January.....
February...
March
April
May
June.
July
August
September-.
October
November..
December..
2.14
2.05
2.07
2.14
1.93
2.11
2.20
2.31
2.15
2.10
2.35
2.38
2.12
2.59
2.75
2.70
2.60
2.09
1.78
1.75
1.50
1.45
1.44
1.50
1935—January
February...
March
April
May
June
July
,..
August...-September..
October—..
November..
December..,
2.38
2.38
2.38
2.38
2.12
1.88
1.88
1.88
1.88
1.88
1.88
1.88
1.79
2.12
2.12
2.14
2.56
5.72
4.06
3.06
2.85
2.71
3.89
5.89
Day-today
money
Japan
Central
Central
bank
Loans
bank Discounted
disup to
bills
discount 3 months count
rate
rate
5.50
5.50
5.50
5.48
5.25
5.25
5.25
5.25
5.47
7.50
7.50
7.50
1932—January
February
March
April.
May.
__
June
July........
August
September. October
November-.
December-..
Prime
commercial
paper
Sweden
.39
7^-10
7 - 9M
Call
money
overnight
5.48
5.48
5.48
5.48
5.48
5.48
5.48
5.48
5.48
5.48
5.11
5.11
5.48
5.48
5.48
5.48
5.48
5.48
5.48
5.48
5.48
5.48- 5.66
5.48- 5.66
5.48- 5.66
2.74
3.83
3.83
3.65
3.10
3.83
3.65
3.83
3.65
3.29
3.65
3.65
5.11
5.11
5.11
5.11
5.11
5.11
5.11
5.11
5.11
5.11
5.84
6.57
5.48- 5.66
5.48
5.29- 5.48
5-29. 5.48
5.29- 5.48
5.29- 5.48
4.93- 5.48
4.93- 5.48
4.93- 5.48
4.93- 5.66
5.48- 6.57
5.84^ 6.57
3.10
2.92
2.74
2.92
2,19
2,19
2.74
3.65
2.56
5.48
5.66
6.67
6.57
6.57
6.57
5.84
5.84
5.84
5.11
5.11
4.38
4.38
4.38
4.38
5.84- 6.57
5.84- 6.57
6.20- 6.57
6.20- 6.57
6.20- 6.57
6.02- 6.57
6.02- 6.39
5.84- 6.21
5.66- 6.21
5.6fr- 6.02
5.66- 5.84
5.66- 5.84
6.02
6.39
5.84
5.48
. 4.56
4.56
4.20
4.02
3.47
3.28
2.92
2.74
4.38
4.38
4.38
4.38
4.38
4.38
4.38
3.65
3.65
3.65
3.65
3.65
5.48- 5.84
5.48- 5.84
5.48- 5.84
5.48- 5.84
5.11- 5.84
5.11- 5.48
5.11- 5.48
5.11- 5.48
5.11- 5.48
5.11- 5.48
5.11- 5.48
5.11- 5.48
3.10
2.92
2.92
2.37
2.19
2.74
2.37
.2.37
2.56
2.56
2.56
2.56
3.00
3.00
3.00
3.00
3.00
3.00
3.00
3.00
3.00
3.00
3,19
4.00
3.65
3.65
3.65
3.65
3.65
3.65
3.65
3.65
3.65
3.65
3.65
3.65
5.29
5.29
6.29
5.29
5.26
5.20
5.11
5.11
5.11
6.11
5.11
5.11
2.42
2.56
2.57
2.46
2.43
2.44
2.57
2.79
2.63
2.52
2.56
2.74
4.00
4.00
3.89
3.50
3.50
3.50
3.50
4.17
4.87
5.00
5.00
5.00
3.65
3.65
3.65
3.65
3.65
3.65
3.65
3.65
3.65
3.65
3.65
3.65
5.11
5.11
5.11
5.11
5.11
5.11
5.11
5.11
5.11
5.11
5.11
5.11
2.59
2.62
2.70
2.54
2.40
2.45
2.45
2.60
2.62
2.69
2.78
-5
6H-10
6
-7
5 - 5H
2H-5
4M- 7
BANKING AND MONETARY STATISTICS
660
NO. 172-MONEY RATES IN SELECTED FOREIGN
[Per cent per annum]
Germany
United Kingdom
Wether lands
Central
Central
Bankers' Central
Central Bankers
bank Private Money Day-to- bank Private Money bank Private
bank accept- Treasury Day-to- allowday discount discount for one discount discount
ance on discount discount for one
day
bills
discount ances
month
rate
rate
rate
month money
rate
rate
rate
rate 3 months 3 months money deposits
Year and
month
2.21
1.19
1.11
1.07
2.15
3.92
2.01
1.29
1.23
1.87
.85
,76
2.29
1.63
1.68
1.27
1.82
3.95
1.73
1.20
1.29
2.51
1.55
1.48
2
2
2
2
2
2
2
2
2
2
2
2
.52
.28
.19
.19
.17
.15
.13
.13
.14
.13
.13
.13
1.01
1.00
1.00
1.00
1.00
1.00
.92
.53
.50
.50
.50
.50
2.98
2.73
2.86
3.04
2.66
3.06
2.96
2.51
2.59
2.70
2.58
2.86
2
2
2
2
2
2
2
2
2
2
2
2
.13
.16
.13
.13
.13
.13
.13
,13
.32
.21
.14
.13
.50
.50
.50
.50
.50
.50
.50
.50
.70
.50
.50
.50
2.46
2.53
2.70
2.36
2.46
2.71
2.65
2.50
2.51
2.23
2.19
2.39
2
2
2
2
2
2
2
2
3
3
3
3
.13
.13
.29
1.11
.72
.49
.51
1.03
2.94
1.90
1.75
2.25
.50
.50
.50
1.24
.80
.75
.75
1.53
3.66
2.24
2.41
2.75
2.50
2.50
2.50
2.38
2.38
2.38
2.38
2.31
2.25
2.25
2.25
2.25
2.03
2.08
2.16
1.90
1.98
1.98
1.73
1.77
2.03
1.87
1.93
1.95
3
3
3
3
3
3
3
3
3
3
3
3
1.85
1.58
1.35
1.68
32.20
2.25
2.25
2.25
2.25
2.64
2.50
2.49
2.75
33.21
(2)
62.83
3.00
2.68
2.75
2.75
2.75
2.25
2.25
2.25
2.25
2.25
2.13
2.13
2.13
2.13
2.13
2.13
2.13
1.73
1.68
1.83
1.67
1.78
1.93
1,63
1.73
1.94
1.76
1 75
1.98
3
3
3
3
3
3
2M
2M
2.25
2.25
2.07
2.06
1.93
1.88
1.88
1.88
1.88
1.88
2.75
2.75
2.75
2.75
2.36
2.25
2.25
2.25
2.25
2.25
2
2
2
2
2
2
2
2
2
.56
.55
.56
.55
.55
.78
.58
.55
.55
.56
.56
.83
.53
.53
.52
.52
.54
.78
.58
.53
.53
.54
.55
.84
.75
.75
.75
.75
.75
.75
.75
.75
.75
.75
.75
.78
4
4
4
4
4
4
4
4
4
4
4
4
3.00
3.00
3.00
3.00
2.92
2.88
2.88
2.88
3.00
2.94
3.00
3.00
3.09
2,97
3.07
3.04
2.89
2.74
2.73
2.84
2.89
2.82
2.84
2.88
2.81
2.77
2.99
2.83
2.76
2.67
2.96
3.01
3.01
2.82
2.79
3.05
1937—January .
February
March......
April
May
June.,
July
August,
September
October.. . .
November
December
2
2
2
2
2
2
2
2
2
2
2
2
.56
.55
.55
.55
.55
.68
.56
.55
.55
.55
.59
.75
,54
.53
.51
.53
.51
.68
.53
.52
.50
.53
.58
.75
.75
.75
.75
.75
.75
.79
.79
.75
.75
.75
.75
.75
4
4
4
4
4
4
4
4
4
4
4
4
3.00
3.00
3.00
2.90
2.88
2.88
2.88
2.88
2.88
2.88
2.88
2.88
2.88
2.86
2.86
2.71
2.63
2.63
2.65
2.69
2.73
2.91
2.81
2.84
2.54
2.47
3.10
2.55
2.69
2.78
2.64
2.85
3.07
2.81
2.65
2.96
1938— January
February
March "
April
. May. .
June
July
August
September.. ...
October.
November
December. .
2
2
2
2
2
2
2
2
2
2
2
2
.54
.53
.53
.53
.53
.59
.55
.53
.91
.70
.66
.96
.51
.50
.50
.51
.51
.59
.52
.51
.86
.68
.67
.93
.75
.75
.75
.75
.75
.75
.75
.75
.75
.75
.75
.80
4
4
4
4
4
4
4
4
4
4
4
4
2.88
2.88
2.88
2.88
2.88
2.88
2.93
2.88
2.88
2.88
2.88
2.88
2.88
2.88
2.88
2.88
2.88
2.88
2.88
2.87
2.88
2.88
2.88
2.88
1939— January
February
March
April
May
June
July
August
September
October
November
December
2
2
2
2
2
2
2
2
4
3
2
2
.55
.53
.63
1.40
.73
.75
.79
1.58
3.51
1.88
1.96
1.23
.53
.51
.70
1.36
.70
.76
.77
1.92
3.23
1.77
1.18
1.24
.75
.75
.75
.76
.75
.77
.75
1.35
2.72
1.71
1.00
1.03
4
2.88
2.88
2.88
2.88
2.77
2.79
2.75
2.75
2.75
2.75
2.65
2.63
2.88
2.88
2.88
2.88
2.53
2.50
2.50
2.50
2
2
2
2
2
2
2
2
2
2
2
2
1,10
.04
.03
.03
.03
.03
.03
.03
.03
.03
.03
.03
.09
.02
.02
.03
.02
.02
.02
.02
.03
.02
.02
.01
1.02
1.00
.99
1.00
1.00
1.00
-1.00
1.00
1.00
1.00
1.00
1.00
2
2
2
2
2
2
2
2
2
2
2
2
1.03
1.03
1.03
1.03
1.03
1.03
1.03
1.03
1.03
1.03
1.03
1.03
.01
.02
.01
.01
.00
.00
.00
.00
.01
.00
.00
1.01
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.03
1936— January
.
February . „
March
....
April.
May
June
July
August
„
September
October..
_.,
November .
December
\
2
1940—January
February
March .
April
May
une...
July.
August
September
October
November
December
Switzerland
__
_
1941— January.
February _ _ _ ,
March
April
May,....
June
July,..
August
September
October
November....^
December
K
K
is
KT* 2
1 -2
M
'V
3
K
K
3M
3H
3H
3H
m
3M
K
K
$
H
3j|
3M
3M
3M
3M
3H
9IX
2M
2M
3K
,*
3
3
2M
2M
2M
2M
254
m
1
In March 1928, there begin , an improved series which ia not fully comparable with the preceding figures.
8
" Not available.
May 1-9 only.
* Average for June 1-15.
(2)
2V£
21^
2
2
IK
IK
IK
l?Mi
1 1/
IK
2.48'
2.37
2.26
2.25
2.25
2.25
2.25
2.25
1.08
1.69
1.46
1.25
1.25
1.18
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1,00
1.00
1.00
!
IK
IK
1
Hi
\n
IK
IK
lp
1M
IK
1H
^j
ijl
1M
IK
IK
IK
IK
\K
^•K
IK
11A
IK
1H
1H
1H
&
i|
1
in
m
5 July 15-31 only.
1.00
1.00
1.00
1.00
1,00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1 = 00
1.00
1.00
1.00
1.00
1.00
1.25
1.25
1.25
K25
1.25
1.25
1.25
1.25
1.41
1.50
1.50
1.50
1.50
1.31
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
INTERNATIONAL FINANCIAL STATISTICS
661
COUNTRIES, MONTHLY, W4-1M1-Continued
[Per cent per annum]
Belgium
Year and
month
193&—January
February...
March
April
May
June
July.
August
September-.
October
November..
December..
February.,—
March,
April.
May
June
July
August
September..
October
November..
December...
France
Central Private Central Private Central Private Central
disbank
bank
disdisbank
bank
count
count
diacount
disdisdisrate
count
count
rate count rate count
rate
rate
rate
rate
. Day-today
money
Japan
Central
Central
bank
Loans
bank Discounted
disup to
disbills
count 3 months count
rate
rate
Call
money
overnight
.38
.38
.38
.38
.29
.00
.00
5.00
5.00
5.00
5.00
4.78
4.50
4.50
4.50
4.50
4.50
4.50
4.50
3.65
3.65
3.65
3.65
3.29
3.29
3,29
3.29
3.29
3.29
3.29
3.29
5.11
5.11
5.11
4.97
4.93
4.83
4.75
4.75
4.75
4.75
4.75
4.75
2.64
2.56
2.87
3.11
2.73
2.63
2.53
2.69
2.81
2.92
2.86
2.74
.00
.00
.00
.00
.00
.00
.00
.00
.00
.39
.78
.72
2.22
4.01
4.06
4.00
3.93
5.02
5.20
4.11
3.54
3.62
3.26
3.00
4.50
4.50
4.50
4.50
4.50
5.00
5.00
5.00
5.00
5.00
5.00
5.00
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
4.75
4.75
4.75
4.75
4.75
4.75
4.75
4.75
4.75
4.75
4.75
4.75
2.63
2.67
2.83
2.86
2.69
2.80
2.70
2.85
2.46
2.65
2.63
2.59
.57
.52
.63
1.50
3.00
3.00
3.01
3.25
2.62
2.40
2.50
2.50
2.65
3.00
2.90
2.23
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
4.75
4.56
4.56
4.56
4.56
4.56
4.56
4.56
4.56
4.56
4.56
4.56
2.38
2.53
2.51
2,45
2.40
2.37
2.48
2.44
2.33
2.31
2.50
2.37
.94
.88
.94
5.00
5.00
5.00
5.00
5.00
5.00
5.00
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
4.47
4.47
4.47
4.47
4.47
4.47
2.34
2.56
2.54
2.47
2.37
2.39
3.12
2.89
3.26
3.00
2.01
2^21
1939—January
February
March
April.
May.
June
July
August
SeptemberOctober
November—
December.,
2.00
1.98
3.28
4.28
3.99
2.79
2.30
2.24
3.22
3.19
3.11
3.11
1940—January
February _„
March
April
May
June.
July
August
September..
October
November. _
December—.
2.94
2.68
2.69
2.69
Prime
commercial
paper
Sweden
4.26
3.81
3.74
5.03
5.60
5.60
3.30
3.00
3.38
2.52
.1.96
1.99
1938—January
February...
March
April
May
June...
July
August
September. _
October
November..
December—
1941—January
February...
March..
April_"I""I
Ap
May
__
June._
July
August
SeptemberOctober
November..
December. _
Hungary
Italy
.95
2.70
2.34
2.12
2.12
2.12
1.94
1.89
2.00
2.00
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
3.29
662
BANKING AND MONETARY STATISTICS
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY
ARGENTINA
[Averages of daily rates. Cents per gold peso through December 10, 1933; cents per paper peso thereafter]
1916
Month or year
Jan.
Feb.
Mar.
Apr,
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec
1917
104.4887 100.1963
99.8627
103.2510 100.8874
103.5433 102.9577
. ._ = „ 104.1193 101.4030
104.1489 100.1233
„__.. 104.9693 100.6460
105.7014 101.9689
104.1381 102.4148
102.5842 100.8053
101.5385 96.4525
99,5209 94.0350
1918
1919
98.0909
100.2250
99.9060
98.6792
97.3083
98.2300
100.0180
101.3060
101.6500
102.0673
102.0727
102.5114
101.9100
101.9500
101.5000
100.3000
100.8150
99.0400
97.1400
96.2700
96.5800
96.4800
97.6600
98.3130
103.4520 100.1375 100.1546
99.0180
. . 103.6829
.
Year
1920
1921
•
1928
1922
1923
1924
1925
1926
1927
77.1892
82.5764
82.7785
80.7480
82.4088
81.8554
81.8468
82.0852
81.0832
81.4140
82.2283
85.5G88
84.7354
84.2164
84.1452
83.1484
81.6785
80.4669
77.7376
73.6542
76.4517
76.5527
74.8019
74.6308
73.8912
74.1188
76.0558
80.0272
83.5458
85.4865
88.3177
91.0754
90.3314
89.7115
86.8835
90.2444
91.3304
91.7477
91.7042
91.7096
93.3565
94.4391
94.2131
94.1328
93.2718
90.3333
90.7873
91.3100
91.6635
92.0504
91.9573
92.2012
02 7536
02.3854
93.2792
93.8488
94.7186
95.9811
96.1738
96.2008
96.4373
96.5540
96.8448
90.7040 73.0026 81.8166 78.5727 78.1308
9L3822
92. 1497
96.2950
98.2340 79.3820
98.5390 80.3900
08.7150 78.2020
98.3100 73.9580
97.0550 71.8480
96.1090 69.8887
92.2660 65.7990
87.1000 66.5550
84.5740 69.6300
81.3710 73.0780
76.8740 73.4739
78.7340 74.8042
74 4581
74.8533
73.6581
71.1450
72.3308
1929
97.1136
97.1376
97.2547
97.1915
97.2008
96.9438
96.1408
95.8955
97. 1248 95.6642
97.1572 95=5933
97.0521 95.8150
97.2304 95.7504
95.7642
95.7650
95.5624
95.5563
95,5184
95.2760
95 3678
95.3901
95.3409
95.0015
93.9192
93.0029
96.4801
95.1274
*1941
Month or year
Jan
Feb
Mar.
Apr
May
June
July
Aug.
Sept
Oct.
Nov
Dee.
1930
1931
1932
1933
*1934
*1935
*1936
*1937
*1938
o^ 3Q^Q
91 3355
86.5311
85 6357
...
88.6349
87 2153
_ _ _ « . _ _ 84.4773
82 0511
82.4855
81 7843
., . 78.0538
78 1187
75,5521
69 7038
71.9416
78 0406
76.4629
70 7121
70.2524
69 8840
64.5722
59 gg4§
51.9966
58 8403
58.5196
58 2724
58 5&47
58.2204
58.5804
58 2879
58 2974
58.2171 *60.4864
58 3242 *67 9019
58.5205 *71.0601
58 5574 *80 7251
58.5695 *79.4328
58 5886 *86 0861
58.5835 ' *86.1188
58 5837 *92 0439
58.5851 * 375. 8904
33 5007
33.5494
33 9553
34.3475
34 0413
33.6552
33 6077
33.7661
33 2904
32 9458
33 2625
32 9513
32 6038
32.4607
31 8033
32.2220
32 5572
32.8687
33 0262
33.1204
32 8563
32.7140
32 8152
32.8542
33 0742
33.3291
33 1346
32.9541
33 1114
33.4181
33 4887
33.5027
33 6112
32.6672
32 5825
32.7184
32 7180
32.6267
32 5695
32.7742
32 9281
32.8980
33 1073
33.2060
33 0198
33.0324
33 3089
33.3119
33.4513
33 2332
33.2084
33 1175
33.0534
32 8622
32.5406
32 0319
31.7925
31 3818
31.1349
83.5050
66.7375
58.4433
33.5793
32.6585
33.1365
32.9585
32.5972
Year...
372.8009
*1939
*1940
31 1261
31 ! 2362
31 2341
31.2066
31 2103
31.2167
31 2108
2
31.1158
(2)
2
29.7703
29 7724
29.7732
2
30.8504
Official
Special export rate
29 7723
29.7733
29 7733
29 7733
29 7733
29.7733
29 7733
29.7733
29 7733
29.7733
29 7733
29.7733
29 7733
29.7733
29 7733
29.7733
29 7733
29.7733
20 7733
29.7733 i
29 7733
29.7733
29 7733
29 7733
*23 7043
23 . 7044
23 7044
23 7044
23 7044
23 7044
23 7044
23 7044
23 7044
23 7044
29.7732
29.7733
'23.7044
* Nominal for at least five days during month.
1
Baaed on quotations beginning March 27.
1
Quotations not available August 28 through October 16,
» Average of quotations for gold peso through December 10; average of quotations December 13-31 for paper peso, equivalent to 44 per cent
of gold peso, was 33.3311 cents.
AUSTRALIA
[Averages of daily rates. Cents per pound]
1940
Month or year
1931 1
19321
1933
1934
*1935
*1936
*1937
1938
Official
Jan .
1941
1939
390.9794 *398.3519 372.0648
389.9336 *399.8137 373.3324
389.2600 *397.1375 373.2724
391.7808 396.8513 372.8574
393.6950 395.7669 372.8914
393.2491 395.0238 373.1213
395.6957 392.7689 373.0272
396.9232 388.8973 *367.3209
394.6845 382.7446 318.3766
394.8034 379.8930 319.5064
398.1562 375.0504 312.6612
398.0983 372.0626 313.1275
Free
Official
Free
Dec
372.95
347.89
298.60
285.60
268.50
273.95
275.95
290.56
299.40
293.42
291.15
283.40
277.50
277.13
271.15
261.50
261.77
267.1891 402.4415
272. 1676 400.7841
272.7281 405.8580
284.7916 410.5358
313.0657 *407.0977
329.2227 *402.2376
369.4366 *401.6977
358.1342 *403.S173
371.2600 *396.5030
371.4700 *391.5212
409.7508 *395.7296
407.4983 *392.2694
315.8229 322.8000
315.7907 322.8000
299.4968 322.8000
280.9046 322.8000
260.8004 322.8000
287.0425 322.8000
303. 1142| 322.8000
317.0169 322.8000
321.4670 322.8000
321.2916 322.8000
321.5652 322.8000
321.5000 322.8000
321.5000
321.1051
321.3012
320.6995
321.1939
321.2525
321.3102
321,2764
321.3341
321.3662
321.4346
321.5033
Year
351.50
279.93
337.0729 400.9489 388.8589 395.9434 393.9390 389.5547 353.3782 2322.8000 305.1637 322.8000
321.2730
Feb
Mar.
Apr,
May
June
July
Aujg
Sept.
Oct.
Nov.
.
„
...
387.9156
386.3735
378.5617
383.5156
387.5499
391.2794
393.3109
394.5162
391.5247
389.6070
390.8954
391.2837
394.4952
398.0645
396.0116
393.7228
396.0922
399.9939
400. 1488
400.3363
401.0595
390.3278
389.5352
390.9944
2
322.8000
322.8000
322.8000
322.8000
322.8000
322.8000
322.8000
322.8000
322.8000
* Nominal for at least five days during month,
1
Rates prior to 1933 are taken from the League of Nations Monthly Bulletin of Statistics; annual averages for 1928-19EO are as follows: 1928,
483.22; 1929, 480.83; 1030, 458.60.
8
Basea on quotations beginning April 1.
INTERNATIONAL FINANCIAL STATISTICS
663
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
AUSTRIA
[Averages of daily rates. Cents per krone through March 12,1925; cents per schilling thereafter]
Jan
Feb.
Mar
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
19131
19141
1915
20 2100
20. 2600
20.2600
20. 2700
20. 2950
20.2750
20.2625
20.3438
(4>
18.8625
17.6625
17.6500
17 4000
16 8864
15.5981
15 4162
15.5640
15 3900
15.1196
15 1219
15.2412
14 9320
14.5104
13 5340
12 7190
13 2435
12.746012.8828
13.3550
13.0585
12.6840
12.3874
12.0816
11.9892
11.8471
11.8730
1922
1923
1924
0325
0281
.0150
0134
.0112
0067
.0038
.0017
.0014
0014
.0014
.0014
0014
.0014
.0014
.0014
.0014
.0014
.0014
.0014
.0014
.0014
.0014
0014
.0014
.0014
.0014
.0014
.0014
.0014
.0014
,0014
.0014
.0014
.0014
.1006
.0097
.0014
.0014 214.0612 14.0740 14.0764
1933
1934
11 2835
11 0000
11.2615
11 6750
3
20 1796 *19.6683 15.3734 12.5743 311.2389
Year
6
1928
. „
--„
Aug.
Sept
__.. . ..
Year
1930
1931
1932
14 0598
14 0543
14 0522
14 0467
14 0468
14 0465
14 0519
14 0745
14 0734
14 0666
14 0536
14 0636
14 0597
14.0605
14 0705
14.0801
14 0864
14.0898
14 1073
14.1182
14 1131
14 1046
14 0917
14.0840
14 0708
14 0544
14 0552
14 0568
14 0543
14 0457
14 0413
14 0406
14 0388
13 9158
13 9516
13 9460
13 9518
13.9516
13 9601
13.9544
13 9645
13.9600
13 9813
13.9696
13 9635
13 9550
13.9477
13.9581
14 0743
Jan.
Feb. .
Mar
Apr.
May
June
July
1929
14 0936
14.0823
14 0728
14.0674
14 0656
14.0685
14 0852
14.0860
14 0788
14 0679
14 0602
14.0628
Month or year
Oct
Nov
Dec.
1917
1921
.2105
.1417
.1193
.0936
.0561
.0360
.0387
1916
20 1600
20 1950
20. 1600
20 2250
20 2200
20 2100
20. 1500
20 1700
20.1750
20 1700
20.1500
20 1700
Month or year
14 0575
14 0891
14 0227
13 9599
;0014
13 9715 17.9115
13.9867 *18.5650
14 0121 *18.9114
*14.0700 *18.8724
*14 5582 *18.9429
*14 2007 *18.9021
*15 6719 *18.8786
*15.4794 *18.9981
*16 6534 *19.0185
*16 7694 *18 9242
18 0434 *18.7956
17.6811 *18.7711
15 4478
18.7930
1925
1926
0014 14 0566 14 0794
.0014 14.0556 14 0841
214.0583 14.0607 14. 0738
14.0593 14.0662 14 0736
14.0599 14.0735 14.0674
14.0518 14.0796 14 0625
14.0541 14.0832 14.0695
14.0624 14.0787 14.0629
14.0694 14.0837 14.0816
14.0728 14.0842 14 0820
• 14.0624 14.0845 14.0874
14.0604 •14.0802 14.Q946
*1936
*1937
18.7725
18.7900
18 8827
18.7898
18.7680
18.8821
18 9148
18.9405
18 8453
18 8117
18 7753
18.7828
18.8320
18.9708
18.8548
18.7242
18,7222
18.7587
18.8484
18.8384
18 8452
18 7318
18 6870
18.6923
18.6819
18.6769
18.6768
18.6871
18 7187
18.7143
18,7752
18.8507
18 8452
18 8232
18.9002
18.8918
18 8309
18 7918
18 7698
*1935
1927
*1938
18 8927
18. 9385
18 9216
9
8
18 9156
* Nominal for at least five days during month,
1
Figures not entirely comparable with those for succeeding years. See introductory text, p. 572,
2
Average of quotations for schilling beginning March 13; average for krone: March 1-12, .0014 cents; January through March 12, .0014 cents,
8
Based on quotations through April 10. No rates available April 11, 1917, through May 1921.
* Quotations not available during September; annual figure is average for eleven montha.
6
Based on quotations June through December.
6
Based on quotations through March 12.
BELGIUM
[Averages of daily rates. Cents per Belgian franc through October 25, 1926; cents per belga thereafter.
Month or year
19131
1920
1921
1922
1923
1924
1925
1926
1927
1928
8.4750
7 2310
7.4630
6 6710
7.1820
8.2990
8.6400
7 6700
7.1600
6.9040
6 3680
6 2490
6.7700
7 5000
7 3500
7 4400
8 3653
8.0291
7.6370
7 5270
7 1700
7 1316
6 9391
7 5354
7,8144
8 3195
8.4311
8 5192
8.3580
8.2212
7.8068
7 5451
7.2332
6.8580
6.3700
6 6448
6.0765
5 3955
5,4800
5 7560
5.7231
5.3985
.8824
5492
.9017
.0877
7354
5816
4.1819
3,8370
3.8650
5.2319
4.8646
4,5648
4.5558
5,0219
4.9380
4.8042
4,8326
4.9650
5.0573
5 0750
5.0662
5 0546
5.0225
4.7035
.6223
5265
.4040
.5258
.5270
.5296
4.5360
4.5432
4.2341
3.6742
3.1176
2.9558
2.4250
2.7538
2.7228
*2.7780
13.9088
13.9108
13.9072
13.9023
13.9000
13.9000
13.8968
13.8900
13.8980
13 9107
13.9220
13.9260
13.9467
13.9885
13.9444
13 9232
13.9387
13.9641
13.9597
13.9615
13.9351
13 9070
13.8988
13.8959
13.8966
13.9073
12 7670
7.3800
7.4459
7.6829
5.2190
4.6438
4.7580
'3.3721
13.9157
13.9281
19141
1919
(2)
Jan..._ _ _ _ _ _
__
19.2308 119.1502
19 2423 19 2077
Feb
(2
Mar.
19 2308 19.2192 3
Apr.
19 1962 19 2771 15 8700
May
19 2077 19.3004 15 4800
19.2077 19.2771 15.1700
June
July
„__
_ _ _ . . 19.1847 19.8142 13.9700
19 1732
Aug
C2)
(2)
Sept.
„- _. ... ..
19 1388 19.2678 312 4688
2
Oct.
"
HI 7500
19 1045
()
3
Nov
11 1500
19 0931
C3\}
/
Dec.
9 6060
19 0817
14
2
Year
_.
19.1741
!
19.3123
One belga equivalent to five franca]
2
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
Jan.
Feb
Mar.
Apr.
May
June
July
Aug
Sept
Oct.
Nov.
Dec.
13 8958
13 8944
13 8836
13 8847
13 8826
13 8832
13 8917
13 8995
13 8967
13 9579
13 9852
13 9977
13 9377
13 9271
13.9373
13.9565
13 9541
13 9529
13.9754
13 9838
13.9476
13 9441
13.9421
13.9648
13 9422
13 9410
13 9294
13 9039
13 9119
13 9242
13 9453
13 9376
13 9091
13 9852
13.9070
13 9039
13.9140
13 9384
13.9361
13.9956
14.0249
13 9366
13.8724
13 8735
13.8606
13 8940
13.8723
13.8460
13 8629
13 9638
13.9803
14 5285
16 2711
17 0460
19.4505
19 1458
20 6994
20 7215
22.3176
21 . 7280
22.0360
22.8893
23.2981
23.4416
23.4137
23.3628
23.3606
23 7056
23.7332
23.4579
23.3212
23.3939
23.3150
23 3293
22.7564
16.9430
16.9461
16 9393
16.9117
16 8878
16.8618
JC 8468
16.8946
16.8565
16.9355
17.0416
16.9787
16.9146
16.9378
16.9065
16.8989
16 8621
16.8927
16.8353
16.9072
16.9008
16.8596
16.8614
16.8467
16.8802
16.8683
16.8658
16.8345
16 8378
16.8380
10.8592
17.0085
16.9849
16.9259
16.9746
16.8799
16,8542
16.8354
16.9561
16.9185
16 8690
16.8765
16.9038
16.9083
16.8429
16.8929
16.8604
16.8229
16.8376
17.0164
17.0082
16.9908
16.9683
17.0281
16.7290
16.4895
16.5772
16.8330
16.8593
16.9797
16.8905
S
16.7362
Year
13 9124
13 9524
13 9285
13 9137
17 8996
23.2867
18.4241
16.9166
16.8761
16.8942
16.8519 •16.8803
Month or year
1
Figures not entirely comparable with those for succeeding years. See introductory text, p. 572.
* Quotations not available August 1914, October 1914 through April 25, 1919, and August 1 through September 25, 1919.
* No quotations for at least five days during month.
* Average of quotations for franc through October 25; average for belga: October 26-31, 13.9060 cents; October 26 through December 31,
13.9095 cents.
4
Based on quotations through May 9.
664
BANKING AND MONETARY STATISTICS
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTH LY-Continued
BRAZIL
[Averages of daily rates. Cents per milreisj
Month or year
1917
1916
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
25.8000
25.9640
26.1000
26.2000
27.6900
27.8700
27.3170
26.0000
25.3700
25,7800
27.5160
28.7550
27.5340
26.1900
26.5000
26.8400
26.3344
25.1000.
22.8000
20.7210
18.2900
17.5100
16.6000
15.2500
15.1390
15.5970
15.1300
14.0160
13.7000
11.6999
10.4490
11.7600
12.3700
12.7080
12.5996
12.6692
12.5752
13.2459
13.6678
13.5696
13.7365
13.7215
13.5520
13.3752
12.5392
11.3476
11.9488
11.9452
11.3796
11.4282
11.0874
10.6364
10.3477
10.4254
10.3685
9.7481
9.7317
9.4758
8.7563
9-. 3436
10.8523
11.9757
11.4462
11.2288
11.0458
10.7488
9.9219
9.9162
10.0904
11.2215
11.4709
11.5058
11.7150
11.2673
11.0381
10.6342
10.3080
10.8919
11.3619
12.1335
13.5188
14.8131
14.6126
14.1738
14.8368
14.7818
14.4893
14.0085
14.6784
15.5196
15.5631
15.3715
15.1908
13.9768
12.9696
11.8542
11.6752
11.8382
11.8452
11.7965
11.8084
11.8050
11.7916
11.8237
11.8596
11.9172
11.9333
11.9677
11.9977
12.0088
12.0265
12.0329
12.0327
11.9924
11.9385
11.9404
11.9293
11.9477
11.9429
11.8900
.9160
.9171
.8235
.8348
.8634
.8553
.8579
.8598
.8577
.8638
.7453
1.2874
[1.0857
LI. 1533
11,5012
11.7206
11.8349
11.3983
10.8752
9.9571
10. 0850
25.3133 26.7350 22.5130 13.1199 12.9486 10.2285 10.9403 12.1962 14.4357 11.8383 11.9737
1.8072
2
Jan.
„
2 3.1087 23.4531 26.8852
Feb.
2 2.7500 23.2814 26.2231
Mar.
.. 2 3.2237 23.1263 126.0491
Apr
2 2.9602 73.4612 ^5. 5844
May
- 2 3.S938 26.0946 25.3907
June
2 4.3802 26.5592 25.3589
July
. 2 4.6580 26.0872 23.7682
Aug.
2 4.1)159 25.5115 24.0390
Sept. „ _ _
. 2 4.1816 25.0617 23.8243
Oct.
2 3.9428 25.4277 24.5058
Nov....... ,. 2 3.5925 25.5217 25.7667
Dee.
2 3.4224 26.0934 26.7818
.. 2 3.7532 25.0270
Year...
Month
or year
1931
1932
*1934
1933
*1936
*1935
Official
Jan._._. 9.0721
Feb. ... 8.5601
Mar. _ „ _ 7.8897
Apr. _„., 7.2668
May... 6.6756
June... 7.4991
July.... 7.1937
Aug. ___ 6.3693
Sept..,. 5.9099
Oct.____ 5.6202
Nov.___ 6.1704
Dec. ... 6.2010
Free
*1937
Official
*1938
10. 7136
*1941
*1940
*1939
(
?
9.6121
Official
Free
Official
Free
8.7080 6.0812 5.5803 5.8598
8.7053 6.1076 5.8303 5,8602
8.7021 6.1069 5.8744 5-. 8647
8.7105 6,2538 5.8680 5.9941 35.3759
8.7192 6.4164 5.8566 6,0586 5.39-31
8.7179 6. 5543 5.8564 6.0586 5.1737
8.7266 6.6335 5.8528 6.0571 5.0555
8.7314 6.5449 5.8460 6,0579 5.0236
8.7216 6.3997 5.8563 6.0594 5.0162
8.7232. 5.8322 5.8488 6.0575 5.0503
5
8.7635 5.7266 !' 5.8595 i 6,0580 5.0322
5
5.3076 55.4917 ' 5.8646 6.0576 5.0263
6.0562
6.0569
6.0574
6.0576
6.0488
6.0527
6.0575
6.0575
6.0574
6. 0575
6.0575
6.0575
5.0132
5.0237
5.0269
5.0291
5.0232
5.0329
5.0259
5.0219
5.0107
5.0153
5.0156
5.0169
6.0575
6.0575
6.0575
6.0575
6.0575
6.0575
6.0575
6.0575
6.0575
6.0575
6.0575
6.0576
5.0560
5.0604
5.0599
5.0600
5.0600
5.0598
5,0616
5.0646
5.0616
5.0803
5.0896
5.1331
5.8438
6.0562
5.0214
6.0575
5.0705
Free
6.1579
6.1720
6.2121
6.5402
7.1294
7.5008
7.5960
7. 6221
7.6171
7.6214
7.6302
7.6327
7.6352
7.6348
7.6330
*7.6348
*7.6354
*7.(i369
*7.8727
*8.0331
*8.1S08
*8.4634
*8.S660
*8.S995
8.5637
8.4666
8.54208.6004
8.6046
8.4734
8.4384
8.4898
8.3096
8.1899
8.2176
8.1904
8.1451
8. 1282
8.2363
8.2578
8.2797
8.3122
8.3146
8.3657
8.3378
8.3791
8.3792
8.3902
8.4167
8.3803
8.4871
8.5564
8.5755
8.6310
8.5349
8.5222 45.8367
8.6445 5.8901
8.7011 5.8452
8.6662 5.8631
8.6981 5.9525
Year — 7.0290 7.1223
7.9630
8.4268
8.2947
8.5681 <5.8788 *8.6437 56.1983
Official Official
Free
6.0027 ; »5.I248
* Nominal for at least five days a month beginning April 1933, except official rate for December 1937 and free for August 1936 through
December 1937.
"
(,
1
No quotations for at least five days during month.
2
Quotations not available October 7 through December 1.
3
Based on quotations beginning April 10.
4
Based on quotations beginning August 3.
6
Quotation of official rate temporarily discontinued beginning November 18, 1937. Under decree of December 23, 1937, however, free rate
•was abolished beginning December 24 and foreign exchange transactions were centralized in Bank of Brazil, which fixed official rates. Averages
for November and December based on quotations as follows: official rate, November 1 through 17 and December 24 through 31 (free market rate,
November 1 through December 23.
BRITISH INDIA
[Averages of daily rates. Cents per rtipeej
1916
1917
1918
1919
1920
1921
1922
Jan
Feb.. . . ...
Mar.
Apr.
May
. .
June
July
Aug.
Sept
Get
Nov.-. .. ._
Dec
33.0000
33.0000
33.0000
33 0000
33.0000
33.0000
33.0400
32.9352
32.7500
32.7950
32.3802
32.4650
33.0385
33.0000
33.0000
33.0000
33.0000
33.0000
33.0000
33.4815
36.4583
39.8846
35.2188
34.8800
35.4231
35.7386
36.1346
36 8800
38.6146
38.5200
37.7080
37.3846
36.6429
36.0962
35.7500
35.8773
35 7500
35.7500
35.8300
35 5240
38.3300
42.1000
41 . 6000
41.7000
43.9400
43.6800
43.3000
45.5300
44 0050
47.6000
47 8000
46 8200
43.3100
41 0000
38.3800
36 4000
33 6100
30 5900
29.7000
26.9000
28 6100
27.7000
25.9500
26 3000
26.4700
24 5277
23.0588
24.2240
26.3900
27.4188
26.8739
27.4488
27 8104
28. 1427
27 8215
27 8096
28.7508
28 9112
28.8908
29 0144
28.7412
28.8424
29.5108
30.6488
Year
32.8645
34.2417
36.7483
40.2950
38.8790
26.2179
28.7409
31.1103
1929
1930
1931
1932
1933
1934
1935
1936
Month or year
Month or year
f
1923
1924
; 1925
1926
1927
1928
31 7262 !i 30 4473 35 7065
31.8495 30.3235 i 35.7309
31 5659 29 8623 ' 35.6662
31 3460 30 4035 35 6023
31 0812 30 5796 36.2324
30 9919 30 4876 36.4815
30. 8036 31.2531 36.6104
30.4608 32 2642 36.6227
30.6017 32 5188 36.6332
31 0627 33 6922 36.5973
30.8600 34.3922 36.6187
31.0052 35,2888 36,6412
36 6852
36. 7600
36.5756
36 1823
36.2592
36 2946
36.2862
36. 3642
36.3288
36.1496
36.0267
36.0465
36 4164
36.2968
36 3004
36 1423
36.2332
36 1973
36.1108
36.1252
36.3356
36.4092
36.4504
36.7369
36 7224
36.5)89
36. 5280
36 5647
36.5913
36.4618
36.2571
36.2501
36.3312
36.4541
36.4563
36,4653
31 . 7835
36.2642
36.3267
36.3117
36.4663
1937
1938
1939
1940
1941
T
Jan.- .-..Feb.
Mar.
Apr.
May
June
July
Aug
Sept
Oct.
Nov.
Dec
36.4487
36.3629
36.3623
36.3107
36.1817
36.0292
35.9742
- 35.9714
36.0324
_ _ _ _ _ _ 36 1646
36.2460
36.3638
S6.3102
36.2071
36.1138
36.1163
36.0567
35.9971
36.0598
36.0417
35.9899
36.0222
35.9656
35.9305
35.9344
35.9374
36.0805
36. 1028
36.1423
35.9986
35.9865
35.9425
33.9117
28.6799
27.9874
25.3612
25 8179
26.0329
27.3121
28.013327.3175
27.1647
26.6842
26.1577
26.2192
25.6800
24.7830
24.7923
25. 4055
25.8336
25.7900
26.8721
29 5729
31.0652
34.9283
33 8489
35 0051
35.0366
38.3408
38 3870
37.9739
37.8567
38.3335
38.7557
38.3329
37. 9072
37.8774
38.0616
37.5481
37.1426
37.4866
37.1835
36.8611
36.7994
36.0210
36.4393
36 8602
37.1944
37.3467
37.4849
37.2082
37.0217
37.1419
37.2008
37.4606
37. 7344
37.5101
37 3153
37 5038
37.8716
37.8890
37.9309
38 0167
36.9912
36.9131
37.0881
37.0935
36.9730
36.8881
37 1200
37 2803
37.2450
37.4834
37 6014
37 3904
37.4104
37.7112
37 7110
37.7465
37. 8900
37. 6375
37.4323
37 0524
36.7381
36.7616
36.3895
35 8266
35/6174
35. 1507
34.860H
Year
„ _ _ _ _ 36.2020
36.0672
33.6895
26.3468
31.8159
37.8793
36.9640
37.5230
37: 3255
36.5917
* Nominal for at least five days during month.
1
34.8807 *30.1401
35.0137 *30.1631
35.0571 30.1790
34.9619 30.1978
34 9158 30 1204
34.9236 30.1059
34.9048 30. 1485
34.4067 30. 1318
*29.9284 30 1621
*30.2956 30.1700
*30.1272 30.1659
*30.0321 30 1775
33.2791
30. 1550
30. 1484
30.1403
30.1394
30. 1289
30.1286
30.1291
30.1283
30.1299
30 1374
30.1513
30.1513
30,1303
30.1367
INTERNATIONAL FINANCIAL STATISTICS
665
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
BULGARIA
[Averages of daily rates. Cents per lev]
1921
Month or year
Jan.
Feb.
Mar.
Apr.
,
,-.
_
May
June
_
Julv
Aug.
Sept. _ _ _ _ _
Oct.
Nov
Dec.
_
... _.__
..
1.1777
9548
.8801
7587
.6814
.6704
.7224
l
.S387
Year
Year
„ __
..
.
..
..
. .
1926
1927
1929
2928
__
1930
.6947
.6372
.6543
.7738
.7982
1.1749
1 . 1850
.9583
.9590
1.0150
.9221
.8162
.7143
7315
.7375
.7278
.7231
.7173
.7239
.7328
.7310
.7320
.7331
.7339
. 7335 .
.7319
.7335
.7319
.7318
.7322
,7341
.7333
.7314
.7294
.7279
.7292
. 7007
7046
.7204
.7232
.7238
.7219
.7266
.7262
.7246
.7260
.7271
.7244
.7230
.7242
.7246
.7249
.7238
.7218
.7232
.7230
.7246
.7229
.7230
.7235
.7234
.7214
.7218
.7211
.7191
.7199
.7212
.7213
.7213
.7203
.7193
.7190
.7191
7202
.7206
.7212
7210
.7218
7213
.7217
.7220
.7236
.7235
.7229
7213
7212
7216
.7221
7219
.7208
7218
7219
.7224
.7209
.7181
7171
.6883
.8837
.7281
.7317
.7210
.7235
.7207
.7216
.7209
1932
1933
*1934
*1935
*1936
*1937
*1938
.7151
.7145
.7176
.7201
.7202
.7200
.7230
.7209
.7203
.7200
.7200
.7200
.7195
.7200
7210
.7223
.7825
.8142
.9977
1.0347
1 2434
1 . 2590
1.6378
1.3435
1.3472
1 . 3464
1 . 3324
1.3295
1.3154
1 . 2503
1.2608
1.2881
1.2814
1.2428
1.2134
1.2110
1.1955
1.2665
.2878
.2725
.2756
.3070
.3149
.3332
.2935
.3239
1 . 3404
1.3389
.3446
.3380
.2902
.2812
.2844
.2838
.2913
.2988
.2978
.2848
.2795
.2779
1.2873
1.2903
1 . 2884
1.2875
1.2839
1.2830
1.2825
1.2845
1 . 2855
1.28-54
1.2844
1.2732
.7193
1.0039
1.2852
1.2951
1.2958
1.2846
*1939
1.2616
1 . 2575
1.2525
1 . 2506
.2466
.2395
1.2370
.2349
,2323
.2324
.2325
1.2326
.7163
.
,
_.
1925
.7169
.7178
.7173
.7174
.7176
.7180
.7183
,7154
7160
.7127
7138
.7148
.;
.
_
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1924
1923
.7104
6930
.6880
.6898
.6930
.7358
7293
.6518
.6380
.6481
.6835
.6997
1931
Month or year
Jan.
Feb.,
Mar.
Apr.
1922
1.2424
2
2156
.2130
2103
.2089
.2101
.2077
.2126
.2111
2
1.21U
* Nominal for at least five days during month.
1
Based on quotations June through December.
2
Based on quotations through August 29.
CANADA
[Averages of daily rates. Cents per Canadian dollar]
Month or year 1913
Jan..,
Feb.,.
Mar.,
Apr.,
May,
June.
July..
Aug..
Sept.,
Oct..,
Nov.
Dec...
Jan
Feb.,,,.
Mar....
Apr
May...
June__.
July....
Aug—
Sept....
Get
Nov.__.
Dec.,,,.
19151 19161
99.9531 99.9375 99.3480
99.9609 99.9609 99.3789
99.9688 99.9297 99.2863
100.0156 100 .0000 99.3789
99.9766100i.OOOO 99.4406
100.0078 100'.0078 99.2863
99.9375 100.0312 99.5025
100.0000 1001.5972 99.8284
100.0312 1001.7874 99.7817
100.015G 100.4394 99.9375
100.0156 99.7195 100.0156
100.0000 99.5179 100.0000
19171
99.7973 99.9375
99.4175 99.4020
99.5257 99.5025
99.6184 99.6029
99.7040 99.7351
99.6574 99.8518
99.7195 99.6109
99.8284 99.8518
99.9297 99:9687
99.9922 100.4394
100.0234 100.0938
99.9687 99.7429
19181 1919
99.0559
98.8417
98.6512
98.2122
98.6209
98.0392
98.0542
98.1972
98.0392
97.9342
98.3330
98.5070
97.9669
98.0508
97.9263
97.4622
97.1611
97.1250
96.6082
2
95.8430
96.3300
96.3800
295.8600
92.8050
1920
91.5100
86.5000
89.3800
91.6100
90.0400
88.1930
88.0750
88.6400
90.3700
90.8500
89.2700
86.3200
1921
1922
94.8222
96.3114
96.8604
97.7580
89.6473 98.7880
88.6217 98.8401
88.1973 98.9231
89.7819 99.7481
89.8519 99.9332
'.0807
91.3906100,
91.5082 1001.0290
92.7744 99.4484
87.6370
88.0700
87.8053
89.0589
1923
1924
1925
1926
1927
3645 99.6895 99.8001 99.8393
99.0943
9380 99.8620 99.6539 99.8382
98.6724
9569 99.8714 99.6301 99.9019
98.0570
98.0201
0871 99.9439100 .0385 100.0942
3048 99.9975 100.0744 100.0658
97.9403
97.6578
4401 99.9982100 .1027 99.9360
97.4204
2555 100.0293 100.1265 99.8520
8537 100.0334 100.1448 99.9404
97.6666
97.6506 99. 9431 99.9861 100.1382 100.0497
9743 100.0914 100.0685 100,
98.5518
•'1.1099
98.1334 99.9866 100.0788 100 .1331 100.1369
.6543 99.9569 99.9342 99.8974
97.5920 99.
99.9902 100.0762 99.5979 99.7649 99.8109 98.3726 95,5970 89.2760 89.5429 98.4783 98.0352 98.7322 99.9615
Year.,
Month
or year
19141
1928
1930
1931
1932
1933
1934
1935
1936
1937
1938
1940
1939
Official
99..815999.7509 98.8932
99. 812699.6411 99.2408
99. 996399.4030 99.7637
100..029099.2394 99.9501
99. 9117 99.3012 99.8360
99. 760599.1632 99.9913
99. 789499.47601001.0697
99. 995899.4390 100 .0943
100..0382 99.2420 100 .1206
99..966798.8341 100.1033
100. 004398.3780 100.1037
99. 787299.0742 99.8963
99.7909
99.9761
99.9789
99.9517
99.9449
99.7201
99.6607
99.6898
96.2476
89.1025
88.9914
82.7064
99.909499.2472 99.8424 96.3258
1
Figures not entirely
2
No quotations for at
3
85.1301
87.2936
89.453.0
4621
5246
1675
5084
7871
5205
2070
7233 100.:
5930 100.1859
88.4430
86.7427
8853 100.'7936
4683 101. 2034
87.0658
87.5513
2796 102.3779
4734 102 9387
90.2636
91.2332 97.5958 102.1226
87.3000 101 1829 102 4719
3090
86.5989100 5516 101.
100. 1825 99.9297 99.9596
8852 100.1136 99.9639
0647 99.8421 100.0510
5277 99.5019 100.1197
8977 99.8060 100.1489
9078 99.7206 99.9437
8322 99.8999 99.8583
99 7799 99.9777 99.9820
100.0168 99.9823
98.5800 100.0222 100.0171
98.9236 100.1198 100.0727
0453 100.0617 99.9484
99.983099 .1935
100:022899 .5020
99.7162 99 5829
99.4460 99 .4831
99.176799 .6201
98.908499 .7732
99.436699, 8345
99.645999 .4942
99.3651 91 .2546
99.062089 .3305
99.248087, 7551
.
99.064387 .6154
88.0177
86.6538
909082.8831
909084.2380
909080.9695
909080.0716
909086.9239
909086.8647
909085.4685
909086.3183
909086.9218
909086.5625
1941
Official
Free
90.9090
90.9090
90.9090
90.9090
90.9090
90.9090
90.9090
90.9090
90.9090
90.9090
90.9090
90.9090
84.8014
83.6869
84.9807
87.6507
87.4205
88.1832
88.2706
88.9608
89.1343
88.7810
88.6035
87.3947
91.9587 101.0060 99.4933 99.9131 100.0037 99.4187 96.0184 390.909085.1412 90.9090 87.3447
comparable with those for succeeding years. See introductory text, p. 572.
least five days during month.
Based on quotations beginning March 22.
Free
99.9720
BANKING AND MONETARY STATISTICS
666
NO. 17J-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
CHILE
[Averages of daily rates. Cents per peso]
Month or year
Jan.
Feb.
Mar
Apr.
May
June
July
Aug..
Sept.
Oct
Nov.
Dec
1917
1-9-18
1919
1920
1921
1
25.8400 20.7400 14.3200
127.7000 21.3300 14.4030
29.6000 21.4000 14. 7600
!26.4000 21.2650 12.9840
1
24,7400 19.7000 11.8690
'25.8000 18.0850 ilO. 8221
'19.3500 19.1080 10.4430
U8.1800 18.1000 10.2400
....
18.9400 16.7900 10.7080
^e.res? 20.0700 15.5900 11.7300
2
27.6488 123.4670 19.2000 14.0000 11.0380
1
28.2646 *20.5200 18,7260 14.2150 10.7837
127.6083
'26.9331
29.2013
30.0598
32.4834
33.5143
33.0447
32.5002
131.8279
....
Year
2
28.0426 29.5981 22.5550 18.4540
1922
. 1923
10.1302
10.3958
11.4050
11.2775
11.8667
12.6304
13.0225
13.7496
13.7276
13.6068
12.3825
12.4064
12.8177 0.3631
11.9941 0.1335
12.6725 9.7712
12.3104 0.5354
12.8250 0.9719
13.4012 0.5956
12.6340 0.1100
12.2115 0.0004
12.3754 0.4368
11.7512 1.0485
11.0775 1.2730
10.6592 11.3327
12.0093 12.2203 12.2423
*1937
Month or year
Jan.
Feb.
Mar.
Apr.
May-...,
June
July
,._-„
Aug.
Sept.
....
Oct.
Nov.
Dec
Year
1932
*193S
*1936
12.0500
6.0275 9.4476
12 0500
6.0278 9.5966
6.0281 10.1294
12.0606
10.0538 * 6.0300 10.2595
6.0000 *'6.2846 10.2531
7.5210 10.2233
6.02C2
8.3752 10.2705
6.0250
6.0283
8=1986 10.3266
6.0414
8.6743 10.2974
6.0250
8.8731 10.3090
6.0276 10.0983 10.3496
6.0274
9.5952 10.2367
5.0630
5.0761
5.0885
5.1000
5.1000
5.0996
5.0990
5.0633
5.0515
5.0694
5.0950
5.0937
7.6787 10.1452
5.0833
7.9079
1633
*1934
1926
1927
1928
1929
1930
11.3469
10.8432
11.0985
11.1692
11.3972
11.3173
11.6912
11.9138
12.0156
12.0565
12.1913
12.1558
2.0404
2,1214
2.0815
2.1165
2.0372
2.0438
2.0500
2.1162
2.1292
2.1000
2.0517
2.0362
12.0236
12.0005
12.0041
12.0327
12.0204
12.0235
12.0224
12.0292
12.0736
12.1712
12.1763
12.2062
12.2098
12.2065
12.2115
12.2038
12.1910
12.1980
12.1390
12.0779
12.0860
12.0843
12.0603
12.0678
12.0630
12.0479
12.0645
12.0644
12.0423
12.0362
12.0448
12.0589
12.0642
12.0681
12.0755
12.0913
12.0556
12.0319
12,0518
12.0549
12.0746
12.0777
12.0908
12.1133
12.1365
12.0834
12.0702
12.0955
0.5448 11.6031
*1938
2.0766 12.0652 12.1451 12.0601
*1939
1931
12.0663
12.0673
12.0632
12.0628
12.0673
12.0868
12.0798
12.0549
12.0430
12.0690
12.0750
12.0669
12.0785 12.0669
*1940
*1941
Official Export 0 facial Export
Official Export Official Export Official Export
5.0950
5.0950
5.0930
5.0853
5.0775
5.0659
5.1243
5.1725
5.1691
5.1727
5.1688
5.1719
5.1726
5.1731
5.1726
5.1725
5.1725
5.1738
5.1767
5.1571
5.1579
5.1694
5.1680 '4.0000
5.1697 4.0000
5.1680
5.1680
5.1680
5.1683
5.1683
5.1682
5.1694
5.1744
5.1765
5.1771
5.1777
5. 1758
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
5.1739
5.1736
5.1733
5.1735
5.1733
5.1737
5.1703
5.1691
5.1776
5.1713
5.1714
5.1705
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
5.1670
5.1655
5.1650
5.1649
5.1670
5.1678
5.1678
5.1680
5. 1680
5.1680
5.1663
5.1665
4.0000 5.1674 4.0000
4.0000 5.1663 4.0000
4.0000 5.1660 4.0000
4.0000 5.1660 4.0000
4.0000 35,1660 34.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
4.0000
5.1240
5.1697 *4.0000
5.1716
4.0000
5.1727
4.0000
•5. 1668
4.0000
* Nominal for at least five days during month.
1
No quotations for at least five days during month,
1
Based on quotations beginning November 17.
8
Based on quotations through May 20.
* Based on quotations beginning November 30.
1925
1924
3
5.1664 34.0000
INTERNATIONAL FINANCIAL STATISTICS
667
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
CHINA
[Averages of daily rates. Cents per unit of Chinese currency]
1916
1917
1918
1919
Ta'el
Tael
Tael
Tael
Tael
Jan.
Feb
Mar.
Apr
May
June
July
Aug.
Sept.
Oct
Nov
Dec.
.
.
62.8315
63 4091
65.2361
70 0800
76. 9952
- 7L7917
68.5350
- 71.0463
73.9600
74.9000
81.1875
86.4200
Year
72.2836
84.0673 110.0000 124.3417
87.7500 107.2500 118.6500
83.2222 106.8654 112.2800
84.5500 107.7019 113.5865
85.7115 108.7500 123.1146
89.2404 111.4800 124.8846
93.2750 115.7400 123.5385
103.3269 119.9300 129.9791
118.1823 U34.7917 132.1850
97.3250 127.7596 138.6106
101.0208 123.5455 153,9130
104.6200 124.3125 161.8750
94.1981
1922
1921
1920
Month or year
Mexican
dollar
Tael
76.9400
161.2500
161.0000
168.3571
64.2260
148.7407
138.3800
67.2969
68.2717
119.9600
106.0500 249.2413 66.2781
103.5481 48.6684 66.9246
112.0800 49.4291 67.8576
106.8541 52.5764 72.9992
98.7400 56.8638 78.4016
91.3021 54.5870 75.9043
78.8300 54.6027 75.3162
115.9931 129.8575 118.6094
1924
2
52.4746
70.7726
1923
Mexican
dollar
Tael
Yuan
Mexican
dollar
Tael
Yuan
54.1040
52.7445
51.6278
53.9196
57.3781
57.1938
56.7528
56.2559
56.1500
54.5508
52.4842
52.0288
74.1456
72.1532
70.7541
73.9396
78.9400
79.0342
77.8176
76.9637
77.0140
74.8500
71.8725
71.0444
55.5556
54.3632
53.3489
55.0540
57.9819
57.6223
57.3824
57.0533
56.9696
55.6424
53,4783
52.8144
52.2985
52.0505
54.5333
53.8192
53.8415
52.1315
50.8260
50.5015
51.1579
50.6923
50.7375
51.3356
71.9331
71.8191
75.5300
74.4964
74.5342
72.1746
70.0292
69.7096
70.7850
69.9465,
70.7600
72.2480
52.8262
52.8741
55.3144
54.6136
54,5512
53.2738
52.1568
51.0748
51.3058
51.1050
50.9250
51.2148
54.6337
74.9281
55.6341
52.0153
72.0248
52.6223
1927
1926
1925
Mexican
dollar
Tael
Yuan
Mexican
dollar
Tael
Yuan
Mexican
dollar
Tael
Yuan
Mexican
dollar
Tael
Yuan
Apr.
May
June
July
Aug
Sept.
Oct.
Nov.
Dec
50.3727
51.0109
50.3858
50. 5235
51.3058
51.2844
51.4646
52.7200
53.9044
55.0792
55.3100
55.2112
70.2704
71.2026
69.9965
69.7423
70.8777
71.3724
71.6708
73.3254
75.2680
76.9792
76.3009
75.4669
50.4138
50.8748
50.4650
50.9015
51.7958
51.9372
52.3115
53.0692
53.7176
55.1500
55.6743
56.2000
55.4962
55.0854
53.6488
53.5550
54.2324
55.8931
56.1400
56.5546
57.5656
57.4269
55.7704
55.1781
75.3423
75.2614
73.3612
73.2320
74.2588
76.0881
76.5569
77.2938
78.4664
77. 9004
75.8161
75.6788
56,7150
56.4695
54.8958
54.8050
55.6656
56.9085
57.4646
57.6658
59.2848
59.1508
57.2074
56.6581
54.2888
53.7464
52.8466
51.4431
52.0716
52.2712
51.7104
50.1462
48.2468
44. 6668
43.7688
43.7735
74.7528
73.7351
72.7118
70.8746
71.7764
72.1704
71.3031
68.6931
66.6028
59.9760
59.4254
58.9704
55.7232
55.5132
54.6885
52.5431
52.8508
52.9396
50.8196
49.8431
47.3080
42.5356
42.5542
42.4900
45.2068
46.5273
44.1341
45.5388
45.6136
45.5077
44.6004
43.3807
43.9572
44.7376
45.5958
45.9092
61.6688
63.7764
60. 5048
62.0138
62.1680
62.7362
62.2760
60.3781
61.2068
61.8328
63.2663
63.7884
43.9196
45.1186
42.8956
43.9062
43.6964
44.5215
43.5804
42.6259
43.2164
44.0600
44.8638
45.1877
Year,..,
52.3642
72.6814
52.6973
55.5471
75.7738
56.9066
49.9159
68.4214
49.9807
45.0315
62.0994
43.9414
Month or year
Jan
Feb.
Mar
Mexican
dollar
Tael
Yuan
Mexican
dollar
Tael
Yuan
Mexican
dollar
Tael
Yuan
Mexican
dollar
Tael
Yuan
45.7410
45.3620
45.6106
45.7972
47.7899
47.7930
47.0840
46.9617
46.1813
46.5591
46.5538
46.0455
63.7548
63.1137
6370545
63.2502
66.4450
66.2321
65.2332
64.9965
63.6945
64.0374
64.0020
63.5510
45.1408
44.9818
45.3688
45.4958
47.2948
47.4815
46.8483
46.8549
45.9461
46.1963
46.1675
45.6808
45.6837
44.7932
44.8856
44.2260
43.2824
42.1116
41.6354
41.4362
40.2639
39.3666
39.3730
38.7331
63! 1168
62.1973
62.2304
61.2516
59.6191
57.7650
57.8368
57.6873
56.0436
54.7721
54.7154
53.6839
45.4070
44.5558
44.6205
43.9839
42.8005
41.4866
41.5521
41.3649
40.0963
39.1065
39.1987
38.5741
35.6106
34.3963
33.810Q
33.6670
32.0607
26.5046
26.6238
27.8666
28.7591
28.2598
27.9918
25.7151
49.6186
47.9616
47.1132
46.9037
44.6901
37.0400
36.9428
38.5445
39.6795
39.0962
38.8392
35.6987
35.5497
34.2746
33.6009
33.3822
31.8181
26.3800
26.4839
27.7580
28.5500
28.0003
27.8000
25.6394
22,9351
20.8153
22.7936
22.5646
22.0118
21.4575
22.4315
21.4301
22.0696
22.8205
24.5833
23.6010
31.8404
28.9578
31.5986
31.0951
30.2520
29.5980
31.0097
29.7255
30.6604
31.8314
34.0732
32.8054
22.9102
20.8390
22.7948
22.4949
21.8950
21.4375
22.4247
21.3485
21.9166'
22.7019
24.7246
23.7323
.. 46.4710
64.3014
46.1378
42.1541
58.4153
41.9007
30.0861
41.8159
29.9166
22.4629
31.1243
22.4369
1933
1934
1935
1936
1937
1938
*1939
*1940
*1941
Yuan
Yuan
Yuan
Yuan
Yuan
Yuan
Jan
Feb.
Mar
1931
1930
1929
1928
Month or year
.. _
Apr. . - -_
May
June .- _ „
July
Aug
Sept
Oct
Nov.
Dec
. ...
,__
.
.
-
_. '
Year
1932
Month or year
Jan.
Feb.
Mar
Apr
May - _. _.
June
Julv
Aug
Sept
Oot
Nov
-Dec
Mexican
dollar
Tael
Yuan
Yuan
Yuan
Yuan
23.5237
24.4696
23.9969
22.3173
-,-- - _ ~ . 21.6412
21.2319
20.5462
20.9710
21.2737
21.0250
- 20.6406
19.5769
32.6357
33.1449
32.8061
31.2481
30.4700
30.2007
29.3650
30.4332
30.6262
30.0206
29.3164
27.6051
23.6906
24.3587
23.9213
22. 3221
21.7116
21.3125
20.6400
21.0031
21.0404
20.8883
20.5937
19.4719 ,
19.7916
20.1136
20.7250
322. 1953
24.5193
26.1289
29.266628.0737
29.6843
29.8462
32.9030
33.4468
34.0007
34.3077
34.6190
34. 1506
32.4621
33.0523
33.9118
34.8553
35.5827
34.5881
33.3947
34.2164
34.9924
36.5369
38.2960
38.7908
41.0979
40.4002
3'8.6791
36.8645
37.6226
35.6091
29.6485
29.4496
29.6594 29.6542 29.4890
29.9116 29.5996 29.6023
29.8243 29.6635 *28.2190
29.7339 29.7137 *26. 9051
29.6900 29.7979 *23.8039
29.8896 29.6525 *18.8352
29.9671 29.4936 *18.2049
30.0476 *29.6502 *16.6179
29.9404 29.6602 *17.1667
29.3314 29.4628 *16.0290
29.4659 29.4435 *15.7963
29.5254 29.4683 *16.1098
16.2557
15.8853
16.0163
16.0154
15.9873
13.4343
10.6371
7.1630
6.6957
7.6377
8.3526
7.4865
7.8330
7.0116
6.4090
5.9917
5.0827
5.7598
6.0479
5.4762
5.2057
5. 6824
5.8446
5.6895
5.3914
5.4242
5.3576
5,1904
5.2548
5.3357
*5.2431
21.7560
30.6471
21.7357 328.5979
34.0937
36.5707
29.7506
29.6064
11.8793
5.9998
<5,3133
Year
21.3596
.* Nominal for at least five days during month.
1
2
No quotations for at least five days during month. v
Based on quotations beginning June 17.
8
Average of quotations for new yuan beginning April 10. Average for old yuan: April 1-8,20.5387 cents; January 2 through April 8, 20.2103 cents.
* Based on quotations through July 25.
BANKING AND MONETARY STATISTICS
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
COLOMBIA
[Averages of daily rates. Cents per peso]
Month or year 1926
1927
1928
1929
1931
1930
1932
1933
*1934
*1935
Jan
98.0250 98.0280 98.0036 97.0900 96.3900 96.5700 95.6656 95.2400 66.9396 64.1450
F b . . . . . 98.6250 97.9468 98.0400 97.0900 96.3900 96.5700 95.2400 94.4191 69.9523 58.9577
e......
98.6250 97.5663 97.7944 96.7669 96.3900 96.5700 95.2400 86.2100 67.6663 54.1613
Mar
Apr.
98.6250 97.3258 98.2128 96.3900 96.3900 96.5700 95.2400 *86.2100 59.9228 52.8846
May
98.6250 97.4688 98.1923 96.3900 96.4962 96.5700 95.2400 *86.2100 61.4642 55.0634
June
98.9279 97.4196 98.1046 96.4320 96.6328 96.5700 95.2400 *86.2100 57.8900 54.4068
July
_--„ 99.2885 97.5345 98.1024 96.5712 96.5542 96.5700 95.2400 *86.2100 56.1052 §2.9692
Aug.
99.3750 98.2798 97.2604 96.3900 96.5246 96.5700 95.2400 *86.2100 55.1596 53.2263
Sept
98.2650 97.9872 97.2596 96.3900 96.5300 96.5700 95.2400 *78.1476 57.6496 55.9846
Oct.
97.6656 97.4736 97.5146 96.3900 96.5300 96.5700 95.2400 *65.7136 60.2012 57.3115
Nov.
... 97.3200 97.4950 97.1109 96.3775 96.5300 96.5700 95.2400 *66.7200 65.0391 56.5948
..
Dec.
97.3969 97.7381 97.0900 96.3888 96.5531 96.5692 95.2400 *63.9668 64.5284 57.0300
*1936
*1937
*1938
*1939
*1940
57.3900
58.2683
57.2235
57.0023
57.0044
56.9000
56.9000
56.9000
56.5048
56.5010
57.0972
57.3900
57.3896
57.2337
57.0078
56.9563
56.9673
57.0063
56.9919
56.9966
56.9929
56.9985
55.9584
54.2438
55.4585
55.0657
54.6483
54.8129
55.4472
55.3696
56.2234
56.5638
56.7042
57.0778
57.1360
57.0006
57.0549
56.9899
56.9834
56.9822
57.0090
57.*f691
57.0356
57.0610
57.0677
57.1512
57.2056
57.0217
57.2047 57.1458
57.2639 56.9865
57.1302 56.9848
56.9904 57.0110
57.0462 57.0215
57.2195 56.9824
57.0958 56.9806
56.9848 56.9823
56.9851 56.9819
56.9850 56.9803
57.0001 56.9925
57.1316 56.9867
*1941
Y w . . . . . 98.4547 97.6879 97.6937 96.5512 96.4930 96.5697 95.2750 81.6966 61.7799 56.0110 57.0825 56. '7257 55.9531 57.0608 57.0853 57.0035
e.....
* Nominal for at least five days during month.
CZECHOSLOVAKIA
[Averages of daily rates. Cents per koruna)
1921
Jan.
Feb
Mar.
Apr
May
June
July
Aug.
Sept.
Oct.
Nov
Dec.
„. _
Year., .
.
1924
1925
1926
1927
1928
1929
1930
1.7319
1 8550
1 . 7333
1 9602
1.9207
1 9236
2.1845
2 9023
3.2306
3 . 2845
3 1758
3 0969
2.8556
2 9580
2.9693
2 9781
2.9791
2 9934
2.9971
2 9340
2.9945
2 9705
2 9057
2 9248
2 8981
2 9015
2 9015
2 9567
2 9392
2 9364
2 9528
2 9789
2.9932
2 9814
2 9890
3 0204
2 9987
2 9600
2 9665
2 9648
2.9632
2 9625
2.9617
2 9618
2 9616
2 9617
2 9615
2 9615
2.9616
2 9618
2.9618
2 9618
2.9617
2 9618
2.9616
2 9618
2.9618
2 9618
2 9620
2 9620
2 9618
2 9618
2 9616
2 9616
2 9615
2 9616
2 9626
2 9627
2 9626
2 9627
2 9629
2 9630
2 9628
2 9625
2 9622
2 9624
2 9624
2 9625
2 9624
2 9623
2 9624
2 9627
2 9626
2 Qg24
2 9605
2 9604
2 9610
2 ggOO
2 9599
2 Q602
2 9595
2 9593
2 9601
2 9611
2 9624
2 9g70
2 9583
2 9590
2 9622
2 9621
2 9634
2 9655
2 9658
2 9661
2 9672
2 %64
2 9650
2 g664
2.4151
2.9550
2.9542
2 9656
2.9618
2 9622
2 9625
2 9609
2 9640
1931
.
1923
11.2080
_.
1922
1 3979
1.3125
1 2247
1 1601
1 0493
1 0382
1 2494
Month or year
1932
1933
1934
1935
1936
1937
1938
1939
2.9617
2 9598 t
2.9624
2 9619
2.9622
2.9621
2.9605
2.9624
2.9621
2.9619
2.9625
2.9626
2 9627
2 9627
2 9628
2 9629
2.9650
2 9641
2.9589
2 9596
2.9594
2.9606
2.9619
2.9613
2 9614
2 9632
2 9743
3 1155
3.5075
3 6527
4.1545
4 0777
4.4089
4 4172
4.7600
4 6487
7039
4432
1531
1720
1755
1580
4 1540
4 1944
4.2141
4 1996
4.1777
4 1803
2 9619
2 9618
3 8232
4 2424
1711
4 1602
1784
4 1936
1982
4 1637
1814
4 1359
1683
4 1432
1828
4 1375
4 1729
4 1497
4 1571
4 1318
4 1363
4 1319
4 1411 *3 6474
4 1363 3 5380
4 1433
3 5200
4 ig42
4 0078
Month or year
Jan.
Feb.
Mar.
.. .
..
Apr.
May
.... . ..
....
..
June
July.
..
..
Aug.
Sept.... . _ _ _ _ „ _
„__..
Oct.
„„
.„
„
Nov..__...._.._.
Dec..
.
.
...
...
._._„_
Year
* Nominal for at least five days during month.
1
Based on quotations June through December.
s
Based on quotations through March 14.
3 5104
3 4922
3 4258
3 5149
3 4883
3 4248
3 4879
3 5017 23 4245
3 4862
3 4833
3 4853
3 4792
3 4841
3 4754
3 4854
3 4580
3 4518
3 4875
3 4936 *3 4476 ~ -----3 4999
3 4401 ------'••=••'3 5146 3 4264 '
3 5130
3 4221
3 4930
3 4674
23 4(>52
INTERNATIONAL FINANCIAL STATISTICS
669
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
DENMARK
[Averages of daily rates. Cents per krone]
1913i
Month or year
19141
1915
1916
1917
1918
1919
1920
1921
1922
27.5490
27.9163
28.4972
29.6958
30.4254
29.5529
28.5460
28.2759
27.4460
27.3640
27.1438
27.1640
27.5173
27.4977
28.6778
28.7140
28.5250
28.9981
29.3520
30.2565
30.8315
32.4510
35.0521
32.6800
31.2500
31.0966
31.0000
31.4788
31.4788
31.2600
31.2923
31.5648
30.3326
27.8462
26.9304
27.0120
26.7000
26.1340
25.8940
25.1880
24.3200
23.8900
22.8300
21.8600
22.0260
21.6400
20.8300
18.7830
17.6000
14. 9000
17.2340
18.0120
16.8300
16.8700
16.4200
14.9600
14.0100
13.8700
13.4060
14.8500
18.0600
18.5430
17.3100
18.0900
18.0700
17.2008
15.7790
16. 1900
17.6700
18.9220
18.4674
19.5165
19.9744
20.6414
21.1081
21.2204
21.3969
21.6562
21.5364
21.5348
21.0552
20.1908
20.2071
20.6700
1923
1925
1926
17.8104
17.8064
18,0692
18.4404
18.8076
19,1138
21.3658
23.3015
24,5188
24.5769
24.8561
24.8642
24.8044
25.3786
26.1130
26.1738
26.2020
26.4846
26.5015
26.5442
26.5540
26.5744
26.6159
26.6369
26. 7546 226.6258 25.7964 28.3167 30.0357 30.2433 23.2850 15.7750 17. 7961 20.9470 18.3643 16.7228 21.1310
Jan.
Feb
Mar.
Apr. _„
May
i
June
July
Aug.
Sept.
Oct.
Nov
Dec
26.2257
26.7500
26.8100
26.8100
26.7950
26.7350
26.7500
26.7350
26.7400
26.7650
26.7400
26.7200
26.7050
„
Year
26.7800 24.7750
26.8500 24.5199
26.8300 24.5537
26.8600 25.4942
26.8600 25.9044
26.8600 26.2869
27. 1550 25.9642
27.4375 25.7519
(2) 25.8020
<2) 26.0140
25.5000 26.7896
25. 1250 27.6019
19.7938 16.9419
19.0905 15.9983
19.1970 15.6788
18.9160 16.6446
18.6481 16.9242
17.9573' 16. 7776
17.5416 16.0473
18.4612 16.2115
18.1633 16.9544
17.5262 17.3331
17.1992 17.5483
17.8208 17.6362
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
Jan.
Feb
Mar.
Apr, -_
May
June
July
Aug.
Sept.
Oct. .
.
Nov.
Dec.
26.6488
26.6495
26.6456
26.6681
26.6784
26.7207
26.7276
26.7785
26. 7680
26.7932
26.7988
26.8192
26.7829
26.7733
26.7912
26.8224
26.8245
26.8173
26 7349
26.6890
26.6662
26.6578
26.6541
26.6868
26.6704
26. 6664
26.6493
26.6527
26.6473
26.6332
26.6387
26. 6243
26.6237
26.7426
26.7911
26.8309
26.7517
26.7532
26.7693
26.7745
26.7556
26.7556
26.7914
26.8150
26. 7670
26.7557
26.7417
26.7442
26.7246
26.7454
26.7458
26.7503
26.7738
26. 7795
26.7340
26.7292
25.2636
22.0209
20.6700
18.5875
18 8801
19.0192
20.0112
20.5267
20.0654
19.9248
19.2044
18.4993
17 S781
17.6412
17 0613
17.0069
16 9097
15.2612
15 3180
15.9502
17 5193
18.4423
20.7682
20.1157
20.8344
20.8413
22.9975
22.8463
22.5487
22.4721
22.7384
23.0051
22.7948
22.5395
22.5103
22.6215
22.2981
22.0615
22.2724
22.0793
21.8447
21.7594
21.3244
21.5902
21.8175
22. 0458
22.1303
22.1848
22.0112
21.9092
21.9834
22.0012
22.1526
22.3211
22.1898
22.0644
22.1838
22.4054
22.4189
22.4335
22.4801
21.8662
21.8176
21.9067
21.9080
21.8466
21.8071
21.9445
22.0512
22.0309
22.1733
22.2356
22.1088
22.1190
22.3005
22.3024
Year
26.7251 26.7426 26.6802 26.7650 25.0581 18.8317 19,0709 22.4998 21.8834 22.1893 22.0691
Month or year
1
2
8
1924
1938
22.3172
22.3985
22.2508
22.2362
22.1737
22, 1322
22.0036
21.7852
21.4411
21.2831
21.0111
20.8442
1939
1940
20.8406 19.3043
20. 9123 19.3102
20.9123 19.3111
20.8914 M9.3070
20.8946
20.8995
20.8956
20.8336
19.3165
19.2909
19.2939
19.2965
21.8245 20.3464 319.3083
Figures not entirely comparable with those for succeeding years. See introductory text, p. 572.
Quotations not available September through October; annual figure is an average for ten months.
Based on quotations through April 8.
EGYPT
[Averages of daily rates.' Cents per pound)
Month or year
1926
1927
1928
1929
1930
497.3430 499.2997
497.5544 498.5970
497.6292 498. 6789
497.6630 498.6854
497.4362 498.3372
497.1610 498.2290
497.4458 498. 9320
497.2178 499.4600
497.2008 498.5066
499,4394 498.3123
500.2389 498.0464
500.6147 498.0358
1931
1932
1933
1934
497.8443
498.2255
498.2048
498.3359
498.8149
498.8827
497.9971
498. 1291
464.6467
398.9979
382.0664
345.9793
351.7897
354.4697
372.6136
384.7773
376.8328
374.1009
364.0790
356.4018
355.9494
348.5176
336.0492
336.1120
344.6451
350.8940
351.9434
366.8480
403.1202
424.0440
477.0204
461.7534
478. 1479
460.4633
527.4832
524.6387
518.2824
516.0390
522.3447
528.4813
523.7236
517.7111
516.9506
519.5273
512.2619
506.6711
511.6889
507.2709
1935
1936
1937
1938
501.7925 508.8316 503.1706 512.6402
499.7457 512.7045 501.7750 514.4966
489.7472 509. 6623 500.8716 511.0642
495.9246 506.7796 504.0709 510.5409
501.1845 509.5541 506.4894 509.3025
505.9839 514.6163 506.0465 508.3566
508.3151 514.9481 509.2981 505.3861
509.5780 515.3166 510 8314 500.3006
505.5597 516.7597 507.8329 402.5380
503.2065 502.2421 508.0543 488.9193
504.9614 501.1721 512.2519 482.6598
505.3533 503.2029 512.2856 478.8812
1939
478.7641
480.4287
480.3973
479.9002
479.9720
480.0968
479.9981
472.4126
^432.0410
Jan
Feb.
Mar
Apr.
May. ~June
July
Aug.
Sept
Oct
Nov.
Dec.
498.0496
498.6159
498.4222
498.6135
498.4404
498.8758
498.5858
498.0808
497.6740
497. 2896
497.1150
497. 3392
Year
498.0954 498.3123 499.0254 498.0689 498.6002 465.1111 359.5406 434.3908 516.8549 502.6007 509.6843 506.9169 501.3040 1478.8273
1
497.4868 499.8315
497.2877 499.7511
497. 6670 500.3780
497.8981 500.6343
497.9792 500.5540
497.8950 500.4409
497.7768 498.9014
498.2844 497.8298
498.6508 497.4590
499.2900 497.4003
499.6888 497.2970
500.5719 497.6198
Based on quotations through September 1.
BANKING AND MONETARY STATISTICS
670
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
FINLAND
[Averages of daily rates. Cents per markka]
19 1
1922
1923
1924
1925
1926
1927
1928
1929
1930
1.7585
1.6414
1.5106
1 . 4059
1.5278
1.8619
1.9003
1 8871
2.0029
2.0600
1.9268
2.0821
2.1616
2.1462
2.1329
2.1741
2.3239
2.5609
2.5124
2.4807
2.6226
2.7553
2.7541
2.7705
2.7694
2.7677
2.7723
2.6996
2.6732
2.6406
2.4755
2.4828
2.4987
2.5074
2.5080
2.5067
2.5068
2.5068
2.5129
2.5109
2.5125
2.5184
2.5202
2.5198
2.5203
2.5214
2.5221
2.5218
2.5218
2.5222
2.5227
2.5235
2.5226
2.5221
2.5217
2.S21I
2.5206
2.5216
2.5208
2.5209 !
2.5209
2.5209
2.S206
2.5209
2.5211
2.5208
2.5210
2.5208
2 5208
2.5205
2.5206
2.5201
2.5194
2.5196
2.5189
2.5189
2.5187
2.5191
2.5191
2.5187
2 5179
2.5176
2.5176
2 5174
2.5171
2 5171
2.5169
2.5166
2.5167 !
2.5173 ;
2.5170
2 5171
2 5109
2 5165
2 5160
2 5155
2 5144
2 5147
2 5148
2.5155
2.5174
2 5164
2.5169
2 5160
2 5162
2 5166
2 5171
2 5172
" 5172
2 5173
2 5175
2.5173
2.5170
2 5170
2.5166
U.6560
2.1634
2.6831
2.5076
2.5218
2.5209
2.5197
2.5173
2.5160
2.5169
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
2.5169
2.5178
2,5177
2.5172
2.5172
2.5167
2.5156
2.5148
2.5133
2.3082
1.9839
1.6938
1.5036
.5014
.6015
.7225
.7171
.7019
.5350
.5114
.4953 !
.4823
.4441
.4239
1.4577
1.4919
1.5153
1.5806
1.7467
1.8241
2.0511
2.0008
2.0693
2.0683
2.2700
2.2700
2.2449
2.2288
2,2470
2.2702
2.2540
2.2311
2.2302
2.2403
2.2101
2.1826
2.2019
2.1859
2.1636
2.1536
2.1099
2.1315
2.1543
2.1782
2.1859
2.1907
2. 1742
2.1645
2.1719
2. 1745
2.1890
2.2063
2.1928
2.1807
2.1901
2.2098
2.2106
2.2118
*2.2173
*2.1578
2.1531
2. 1611
2-. 1607
2. 1579
2.1531
2.1656
2.1784
2.1792
2.1918
2.1964
2.1888 1
2.1886
2.2061
2.2068 1
2.2085
2.2155
2.2001
2.1987
2.1938
2. 1878
2.1751
2.1510
2.1171
2.1016
2.0750
2.0554
2.0543
2.0604
2.0597
2.0542
2.0548
2.0559
2.0547
2.0456
1.9000
1 . 8943
1.8964
*1.8136
*1.8156
*1 . 7078
*1 . 5252
1.7743
1 . 8961
1 . 9776
1.9643
1.9691
1.9619
1 . 9652
1 . 9482
1.9472
2 0104
2.0101
2 0100
2 0100
2.0100
2
2.0098
2.3875
1.5547
1.8708
2.2277
2.1627
2.1903
2.1811
2.15S7
1.9948
1.8710
Month or year
Jan
Fob
Mar
Apr
May
„ _ _ - _ _ _ _ --
July
Aue
Sept ,.
Oct.
Nov
Dec.
Year
......
- __.__._.
......
....._.
...
.........--Month or year
Feb.
Mar
Apr.
May
June
July
Aug
Sept.
Oct
Nov.
Dec
Year
____.__..„
- - --- .- .-....-_.
..........
'
, _.__.„__-_._.
---- -- -- -.-- --------- -.
- ---
2
2 ©101
* Nominal for at least five days during month.
1
Based on quotations June through December.
2
Based on quotations through June 14.
FRANCE
[Averages of daily rates. Cents per franc]
Jan
Feb.
Mar
Apr.
May
Juno
July
Aug,
Sept
Oct.
Nov
Dee
1915
1916
1917
1918
1919
1920
1921
1922
19.3100
19.1560
18.9251
18.8056
18.6642
18.2743
17.7762
17.1075
16.9823
17.0695
16.8768
17.1158
17.1045
17.0204
16.8811
16.7356
16.8759
16.9282
16.9385
16.9377
17.0666
17.1383
17.1388
17.1303
17.1409
17.1294
17.1280
17.5125
17.4984
17.4341
17.3964
17.3473
17.3106
17.3442
17.4356
17.5012
17.5346
17.5377
17.5119
17.5356
17.5491
17.5429
17.5509
17.7734
18.2812
18.2922
18.3746
18.3527
18.3500
18.3500
17.7000
16.6900
15.8000
15.6500
14.3900
12.7600
11.7600
11.6200
10,6200
9.2420
8.4750
7.0370
7. 1940
6.2460
6.8590
7.9160
8. 1300
7.1820
6.7400
6.5330
6.0100
5,9200
6.4330
7.1730
7.0345
7.2414
8.3688
8.0743
7.8131
7.7581
7.2800
7.2524
7.1991
7.8446
8.1636
8.7305
9.0033
9,2288
9.1196
8.7646
8.2372
7.9567
7.6592
7.3704
6.8583
7.2296
6.6769 4.6650
6.1459 4.4191
6.3237 4.6812
6.6668 ! 6.1573
6.6365 5.7919
6.3012 5.2528
5.8905 5.1185
5.6500 5.4635
5.8550 5.3016
5.9488 5.2292
5.5167 5.2757
5.2496 5.3088
5.3923
5.2796
5.1807
5.1877
5.1632
4.7690
4.6981
4.6912
4.7124
4.4312
3.9622
3.7358
3.7708
3.6782
3.5804
3.3885
3.1508
2.9415
2.4658
2.8327
2.8548
2.9404
3.4167
3.9492
19.2897 19.6275 17.9556 16.9880 17.3479 17.8050 13.6820
7.0400
7.4554
8.2013
6.0811
5.2368
4.7671
3.2427
1937
1938
1913i
19141
19,3587
..— 19,3470
19.3353
„-» 19.3120
19.3120
=- _ „ „ _ - 19.3120
19.3120
.- ..-- 19.2887
19.2655
. _ _ _ _ _ - _ . . — 19.2308
19.1962
19.2077
19.2771
19.3004
19.3120
19.3705
19.4175
19.4175
21.2483
19.9750
19.7287
19.6367
19.5334
19.4695
Month or year
_
Year
1923
1924
1925
!
1926
1928
1929
1930
1931
1932
1933
1934
1935
1936
3.9308
3.9304
3.9343
3.9363
3.9359
3.9311
3.9163
3.9070
3.9055
3,9061
3.9066
3.9098
3.9082
3.9057
3.9058
3.9070
3.9071
3.9098
3.9158
3.9134
3.9135
3.9307
3.9375
3.9390
3.9291
3.9155
3.9132
3.9185
3.9222
3.9241
3.9343
3.9337,
3.9273
3.9235
3.9271
3.9292
3.9207
3.9197
3.9138
3.9104
3.9114
3.9158
3.9215
3.9196
3.9257
3.9383
3.9201
3.9229
3.9294
3.9379
3.9325
3.9430
3.9468
3.9363
3.9207
3.9187
3.9179
3.9264
3.9190
3.9033
3.9034
3.9228
3.9361
4.1019
4.5927
4.8035
5.4588
5.3749
5.7724
5.8167
6.2678
6.1216
6.2110
6.4648
6.5801
6.6161
6.6131
6.5993
6.5939
6.6592
6.6714
6.6247
6.5886
6.5971
6.5820
6.5936
6.6232
6.5970
6.5883
6.6121
6.6242
6.6262
6.5908
6.5892
6.5862
6.5986
6.8251
6.6810
6.6338
6.5898
6.5858
6.5934
6.6202
6.5853
6.3409
4.6662
4.6472
4.6675
4.6672 3.3352
4.6555 3.2814
4.5945 3.1224
4.4963 3.1020
4.4768 2.8148
4.4399 2.7824
3.8048 i 2.7663
3.7501 2.7331
3.5193 2.6924
3.3491 2.6662
3.3946 2.6343
3.3948 2.6323 j
2.6369
2.6471
2.6488
2.6478
2.6487
2.6493
2.6488
2.6137
2.2651
2.2736
2.2246
2.2269
2.2461
2.2459
2.1296
1 . 9980
1.8516
'2.0052
Sept
Oct.
Nov.
Dee
3.9584
3.9232
3.9126
3.9188
3.9168
- _ . _ „ „ 3.9169
3.9112
3.919,3
3.9200
... ..-- 3.9236
3.9288
3.9396
Year
._.. 3.9240
3.9210
3.9161
3.9249
3.9200
3.9276
5.0313
6.5688
6.6013
6.1141
4.0460
2.5103
22.0827
Month or year
Jan
Feb
Mar.
Apr
May
June
July
Aug
1
2
.
1927
Figures not entirely comparable with those for succeeding years. See introductory text, p, 672.
Based on Quotations through June 15.
2.8781
1939
1940
INTERNATIONAL FINANCIAL STATISTICS
671
NO. 171-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
GERMANY
[Averages of daily rates. Cents per mark through April 10, 1917; cents per paper mark from September 15, 1919, through October 28, 1924;
cents per gold reichsmark thereafter]
1919
1920
1921
1922.
1923
64.2300
3.7100
2.6400
2.1000
1.6900
1.0500
1.2600
1.6660
2. 1900
2.5600
2.5300
2.1000
1.7220
1.4780
1.3210
1.3700
1.6000
1.6400
1.5953
1.5720
1.6250
1.4435
1.3025
1.1896
.9574
.6832
.3924
.5258
.5204
.4811
.3585
.3459
.3440
.3185
.2041
.0989
.0684
.0332
.0147
.0136
.0073
.0226 23.8000
.0038
.0218 23.8000
.0047
.0220 23.8000
.0041
.0220 23.8000
.0022
.0228 23.8000
.0010
.0234 23.8000
*,3400
.0239 23.8000
4.0339
.0238 23.8000
«. 1881
.0238 23.8000
7
.0238 23.8031
.6750
2
.0431 23.7983 23.8061
2.0227 23.8031 23.8069
23.7936 23.6413 20.6299 18.1968 317.3215 53.0440
1.7510
1.2045
.2323
.0020
8.0230 23.8013 23.7996 23.7638
1913i
19141
1915
Oct.
Nov.
Dec.
23.8047
23.8359
23.8750
23.8125
23.8047
23.8438
23.8125
23.7969
23.8047
23.7344
23.6875
23.7109
23.7344
23.7656
23.8047
23.8125
23.8438
23.8359
24.8984
25.0000
24.0313
22.7969
21.8438
22.3281
21.8619
21.2912
20.8021
20.6094
20.7209
20.5691
20.4189
20.3912
20. 6956
20.6538
20.2474
19.4171
Year
Month or year
Jan.
Feb
Mar.
Apr
May__
,
June
July
Aug.
Sept
23.8264
23.8577
23.9047
23.91'54
23.9292
23.9009
23.8626
23.8327
23.8287
23.8143
23.8234
. 23.8325
Jan,
Feb.
Mar,
Apr.
May
June
July
Aug.'.
Sept.
Oct.
Nov
Dec
i
._
„__ -.
1917
18.7438 17.3125
18.6631 17.0923
18.0839 17.2789
18.4450 318. 1250
19.2590
18.8594
18.2788
17.9815
17. 5325
17.5881
17.3255
17.5613
1924
1926
1931
1932
1933
1934
1935
1936
1937
1938
1939
23.7694
23.7306
23.7215
23.7039
23.7570
23.8403
23.8255
23.8140
23.8085
23.8733
23.9185
23.9430
23.8821
23.8711
23.8573
23.8684
23.8627
23.8498
23.8693
23.8893
23.8229
23.8050
23.8287
23.8404
23.7719
23.7693
23.8072
23.8105
23.8036
23.7327
23.2782
23.6575
23.4212
23.2395
23.6777
23.6192
23.6475
23.7392
23.7812
23.7427
23.7947
23.6878
23.7176
23.7838
23.7814
23.7692
23.7536
23.7869
23.7703
23.8291
23.8519
24.3873
27.3629
28.8097
33.2627
32.7144
35.4307
35.4267
38.2361
37.3247
37.5872
38.8841
39.6599
39.5890
39.4712
38.2953
38.4938
39.4786
40.2760
40.4507
40. 2054
40. 1910
40.0614
40.1178
40.3722
40.2638
40.2472
40.4072
40..3538
40.3456
40.2278
40.2251
40.2251
40.2167
40.3966
40.6870
40.4389
40.2383
40.2845
40.2730
40.3210
40.2214
40.0834
40.1960
40.2227
40.2301
40.2246
40.2255
40.2153
40.2057
40.1705
40.0708
40. 1961
40.2132
40.1213
40.1566
tO. 3641
40.2961
40.2805
40.4240
40.2407
40.2000
40.1604
40.2658
40.1883
40.0904
39.9661
40.0472
40. 0424
40.0798
40.0656
40.1168
40.0983
40.0811
40.1151
40.1045
40.1132
39.8588
*39.8639
*40.0920
*40. 1269
*40.0966
1927
23.8012
23.8068
23.8030
23.8019
23.8028
23.8050
23.8035
23.8096
23.8120
23.8028
23.7488
23.7958
1930
23.8614 23.8086 23.8541 23.6302 23.7492 30.5179 39.3751 40.2575 40.2971 40.2037 40. 1639
Year
1925
1929
1928
Month or year
1916
23.7216
23.6977
23. 7137
23.7011
23.6924
23.6923
23.7428
23.7859
23.8004
23.8624
23.8629
23.8904
*1940
*194I
40.1183 39.9791
40.1170 39.9688
40.1143 39.9602
40.1152 39.9615
40.0246 39.9677
39.9653 '39.9700
39.9775
39.9511
39.9255
39.9753
39.9825
39.9824
40.0611 40.0209 »39.9676
* Nominal for at least five days during month.
1
Figures are not entirely comparable with those for succeeding years. See introductory text, p. 572.
2
Per billion.
8
Based on quotations through April 10; no quotations available April 11, 1917, through September 13, 1919.
4
Per thousand,
e Based on quotations beginning September 15.
8
Per hundred thousand.
, 7 Per ten million.
* Average through October 28 per billion paper mark. Average for new gold reichsmark: October 29-31, 23.8000 cents; October 29-December
31, 23.8008 cents.
9
Based on quotations through June 14.
GREECE
[Averages of daily rates. Cents per drachma]
Month or year
Jan.
Feb t
Mar.
Apr
May
June
July
Aug.
Sept.
Oct
Nov
Dec.
_„.__
- --
419.0862 si 9. 5296
Month or year
Jan.
Feb
Mar. .
Apr.
May
June
July
Aug.
Sept
Oct
Dec
Year
1916
18 9609
18.9825
19 0085
_ „ _ 19.0476
19.0281
19.0114
19.0114 »I9.4976
19.2987 19.5350
19.4458 19.5512
Year
Nov
1915
---„
.
—__
1917
1918
1922
1923
1924
1925
1926
1927
2
1.2206
1.1739
1.0962
1.1694
1.6883
3.0975
2.5463
1.7462
1.7866
1.5432
1.5578
1.8952
1.9357
1.6983
1.6297
1.8413
2.0091
.7343
.7140
.7947
.7778
. 7356
.7808
1.8140
1.7553
1.6134
1.5484
.7774
:7926
.6575
.5956
.5406
.4613
1.3554
1.3375
1.2887
1.3541
1.4349
1.3744
1.2762
1 . 2742
1.2413
1.1758
1,1160
1 . 1609
1.2087
1.2343
1.2643
1.2895
1.2979
1.2898
1.3295
1.3211
1.3430
1.3232
1.3083
1.3243
1.3262
1.3242
1.3294
1928
19.8875 U9.4500
20.0000 19.4500
20.0500 19.4000
20. 0400 19.4000
19.9769 19.4380
19.8660 19.4400
19.7600 19.4271
19.7125 19.4500
19.6022 19.4500
19.5096 19.4340
19.5000 19.3500
19.4792 19.3604
6.0642
5.5516
5.5460
5.2400
4.3792
4.1426
4.1400
4.3644
4.5082
4.4407
4.4668
4.2685
3.8346
2.9596
3.0830
2.4724
2.3896
1.5925
1.2337
19.7837
19.4195
65.0261
3.3059
1.7141
1.7900
1.5614
1.2579
1.3173
1.3044
1933
1934
1935,
1936
*1937
*1938
*1939
*1940
.9341
.9339
.9399
.9354
.9340
.9423
,9442
.9437
,9384
.9391
,9390
.9383
.9424
.9509
.9457
.9389
.9338
.9316
.9400
.9387
.9347
*.8965
*,8935
*,8973
.8984
.8965
.8951
.9003
.9052
.9043
.9088
.9116
.9074
.9076
.9152
.9157
.9162
.9190
.9128
.9115
.9100
.9078
.9031
.8950
.8805
.8736
.8636
.8559
.8558
.8583
.8586
.8579
.8570
.8565
.8576
.8520
.7575
.7345
.7244
.7157
.7155
.7176
.7007
.6546
.6270
.6529
.6654
.6628
.6602
6
.6602
.9386
.9289
.9055
.8958
.8153
0.6715
( )
1929
1930
1931
1932
1.2917
1.2915
1.2920
1.2924
1,2924
1.2921
1.2922
1.2918
1.2917
1.2957
1,2983
1.2993
1.2976
1.2962
.2960
.2967
.2960
.2955
.2961
.2969
.2958
.2949
. .2950
.2944
1.2942
1.2946
1.2945
1.2943
1.2949
1.2951
1.2939
1.2936
1.2926
1.2883
1.2879
1.2879
1.2877
1.2875
1.2875
1.2318
.6641
.6387
.6399
.6321
.6060
.6014
,5743
.5418
.5392
.5610
.5673
.5865
.6582
.6917
.7902
.7743
.8372
.8397
.9053
.8856
.8949
.9253
.9413
.9452
.9462
.9449
.9453
.9565
.9562
.9476
.9392
.9375
1.2934
1.2959
1.2926
.8320
.7233
.9402
* Nominal for at least five days during month.
1
No quotations for at least five days during month.
2
Quotations not available January 1919 through May 1921.
9
Based on quotations beginning October 6.
1921
•
* Based on quotations April through December.
Based on quotations June through December.
Based on quotations through October 26.
6
fl
.3255
.3229
.3237
.3158'
.3036
.3023
.2991
.2952
.2937
.2868
.2925
.2924
672
BANKING AND MONETARY STATISTICS
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
HONG KONG
[Averages of daily rates. Cents per Hong Kong dollar]
1916
Month or year
1917
1918
1921
C1)
(i)
0
)
Jan....,
Feb.
Mar
Apr
May. „
June
July
Aug
Sept.
Get
Nov.
Dec
...._....,._.-..„- 46.9978 56.4442
46.6386 -57.1614
47 3056 55 9472
50 5550 57 0340
.. .„._______.. 54.1298 57.5654
.
50. 1594 59.0606
49.5220 62.9920
.
.
51.1981 70 3722
„
- .. 52.3560 80. 0302
52.8400 68 5317
55.0750 71.3417
57 0810 73 3800
73.5423
71 8807
73 6481
75 5923
75.6269
77 7600
79.6962
83 9370
89.1717
82 5000
78.1891
81 0219
Year...
_.__.__...___-._.. 51.2029
1922
78.5375 '52.2854
1930
Month or year
64.0855
1931
1924
1923
1926
50.4096
49 8564
49 8008
49 8658
51 0168
SO 5411
49 9917
49 8974
49 7146
49 9471
49 9763
49 7879
49 8161
48 8849
48 8437
48 6963
48 3424
47 8613
48 1230
47 9432
47 7035
44 1532
43 2180
42 2258
56.5199
53.3290
49.2085
50.0717
47.1660
1934
1933
52.4691
1935
1936
1937
1938
1939
1940
1941
30 5661
30 4034
30.3545
30 5088
30.6001
30 3491
30 3429
30 9932
30. 9589
30 9751
31.1244
31 1863
31 2313
31.3388
30.9866
30 8283
30.8492
30 8561
30. 7547
30.4785
29.9893
29.6683
29.3253
29.1739
29 1073
29 0779
29.0486
28 6592
28.8839
28 9157
28. 7029
28.2132
*24. 8630
*25.0301
24.4907
24.4816
24 6294
24 5722
23.2469
21 8337
20.2877
22 3884
23.5820
22 5102
22.6231
23 0765
23.3960
23 5851
23 (5479
24 1419
24 4214
24 3930
24 2848
24 3720
24 5238
25 1098
25.0990
25 0875
25.0875
2
25 0434
30. 4574 27.4541
22.9584
2
24 8396 21 7525
25 3353 22 0710
24.6855 22.7442
23 7187 *23 7714
23.4337 27.1586
23 3431 29 1358
22.8893 32 9584
23 2479 31 5922
23.4293 33 1050
22 9487 33 2821
22.4062 36 6896
21 3527 37 1537
37 6811
38 0999
38.6842
38 1556
36.2293
36 4890
37.6231
38 6140
39.3324
40 4695
41.2418
42 2908
43 1695
44 3362
47 9147
52 6702
59 3095
57 5162
53.0310
50 3262
50.0547
48 9702
36.4772
32 7016
32 2051
32 7955
32.5519
32 5247
32 4629
32 2598
32 0395
31 1522
31.1036
30 3588
30 4617
30 5396
33.8530
24.3305
23.4604
29 4516
38 7156
48 2173
31 7105 30 6944
..
.
3929
52.8985
24 2653
22.6673
24.5297
24.3312
24.0131
23.8226
24.7295
23.7830
24.1853
24.6765
26.0124
24.8704
Year
1927
55.7126
39 9497
38.2350
37.2238
_.
.._„._.
37.1905
35.7697
.
.
....
...
31.1427
31.1799
.
.
„....._
32.2054
..
„.--_.. 32.2015
31.9163
_. ._...„„_,_„.- 31.4542
27.9966
Jan
Feb.
Mar.
Apr.
May.
Juno
July
Aug.
Sept.
Oct.
No v .
Dec
1928
58.0748 49.0632
57.8636 50.3605
56 3130 48 6855.
54 6377 49 6865
55.0800 49.2716
55.2185 49 0742
54.5919 48.9772
53 1954 48 1600
52.2816 48 4980
47 7684 48 8552
47.4567 49 7917
47 5938 50 3085
50.2081 55.5458
50 6070 55 3495
50 4927 54 2692
51 1292 54 0973
51.7965 54 6240
51 9368 56 0223
52 2962 56 8469
53 3154 57 3088
53 4596 59 3152
54 3600 59 3369
54 8587 57 8143
55 2481 57 7119
54.9864 53.4246
53 9795 52 9691
53 1767 55 3804
54 7284 54 8180
L ; 57.7796 54.7958
^
57 7208 53 2085
49.3200 57.9404 52 0356
50 0700 57 5422 51 8746
52 4400 57.3080 52 3821
56 4892 55 9552 51 8512
54 1404 53 8150 50 8592
54 2569 53 2288 50 8648
1932
1925
24 5923
* Nominal for at least five days during month.
1
Quotations not available January 1919 through May 1921; yearly average based on quotations June through December.
2
Based on quotations through December 24.
HUNGARY
[Averages of daily rates. Cents per Hungarian crown through 1925; cents per pengo thereafter]
1921
Month or year
Jan.
Feb.
Mar.
Apr. .
May
June
July
Aug.
Sept.,
Oct.
Nov
Dec.
_. .. ....
...
_. „ ....
...
..
4082
.3323
2629
.1944
1432
1078
.1512
..
..
,. ..
1
Year ...
.2300
1922
1923
1924
1925
1926
1928
1927
0392
0381
0289
.0217
0191
0140
0097
0056
0055
0054
0054
0052
0039
0033
0015
0014
0012
0011
0012
0013
0013
0013
0013
0013
0014
. 0014
0014
.0014
0014
0014
.0014
0014
.0014
0014
0014
0014
17 5532
17.5618
17 5552
17.5631
17 5584
17 5585
17.5704
17 5604
17,5620
17 5616
17 5642
17 5654
17 5332
17.5314
17 5074
17.4773
17 4556
17 4438
17.4376
17 4363
17.4688
17 4624
17 4658
17 4773
17 4748
17.4663
17 4685
17.4608
17 4589
17 4475
17.4350
17 4273
17.4251
17 4256
17 4220
17 4185
17 4246
17.4278
17 4255
17.4239
17 4269
17 4280
17 4300
17 4369
17.4403
17 4508
17 4767
17 5079
17 4912
17.4769
17 4738
17.4718
17,4772
17 4820
17.5117
17 5294
17.5160
17 5050
17 4949
17 4947'
0906
0164
0017
0014
17.5612
17.4741
17.4443
17 4414
17.4939
*1937
*1938
*1939
*1940
*1941
1931
1932
1933
*1934
*1935
*1936
Jan.
Fb..
e..
....... .
......
Mar.
..
Apr.
-.
- .
May
June
Julv ...
juy
..
..
.
17.4751
17.4600
17.4411
17.4368
17.4376
17 4450
• 17 4433
17.4515
17.4496
17.4640
17 4670
17 4580
17 4500
17.4397
17.4353
17.4298
17 4384
17 4740
17 4612
17.4507
17.4653
17.4452
17 4356
17 4265
17 4260
17.4359
17.4392
*17.4812
*18 8766
*21 2415
*24 5147
*24 2387
26 0897
26 3520
28 2302
27 6855
28 0425
29 1191
29 6125
29 7652
29 7559
29 7529
29 7112
29 8832
30 0219
29 8995
29 7126
29 5993
29 5828
29 6955
29 6405
29 4937
29 4356
29 5062
29 6809
29 7010
29 6240
29 6367
29 6242
29 6185
29 6778
29.7856
29.6168
29 4781
29 4241
29 4581
29 4917
«10.7766
19 7723
19 7742
19 7756
19 7776
19 7755
19.7818
19.7787
19.7851
19 7814
19 7705
19 7695
19.7641
19 7454
19 7412
19 8193
19 8358
19 8261
19.8409
19.8313
19.7781
19 7691
19 7592
19 7006
19.6634
19 6421
19 6405
19 6370
19 6422
19 6319
19.6265
19.6132
19.6020
19 5880
19 5769
19 5756
6
19.5763
_ _ _ _ . 17.4522
17.4460
22.3598
29 5746
29 6023
4
19.7788
19.7273
B
Year .
„
1930
1525
.1497
1256
.1258
.1261
1079
0760
0595
.0423
0402
0413
0430
Month or year
Sept."
Oct.""""
Nov
Dec
1929
19. 7752
()
S
()
5
17 6016
17 5996
19.2377
19 7700
17 5862
n7.6050
19.7700
17.5921 ' 9 7 0
1.70
17 5857
17 5823
17 5908
18 4812
19 3700
19 3673
19 3640
19 5048
19 7700
18 4752
3
19 7700
* Nominal for at least five days during month.
J
Based on quotations June through December.
2
No quotations for at least five days during month.
3
Based on quotations through March 12.
* Average of rates reported on new basis beginning August 3. Average of rates reported on eld basis: August 1, 29.4700 cents; January 2
through August 1, 29.5582 cents.
6
Quotations not available August 28 through November 8.
INTERNATIONAL FINANCIAL STATISTICS
673
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
ITALY
[Averages of daily rates. Cents per lira]
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
18.6651
18.0343
17.2867
17.2519
17.1174
16.7970
16.2130
15.6382
15.7898
15.7267
15.4769
15.2459
15.0146
14.8885
14.9618
15.4069
15.8223
15.6858
15.5977
15.4423
15.5046
15.3546
14.9343
14.6148
14.2678
13.7016
12.8783
14.0643
14.2474
13.9856
13.8579
13.5276
12.9853
12.8464
11.8516
12.0893
11.8676
11.5730
11.5166
11.2734
11.0781
11.1436
11.6015
13.3763
15.7458
15.7480
15.7567
15.7510
15.7500
15.7500
14.9700
13.6600
12.5800
12.5500
11.9000
10.8700
10.2100
9.8430
8.4600
7.6630
7. 1430
5.5100
5.3190
4.4600
5.1700
5.9130
5.7800
4.8900
4.3400
3.9400
3.6200
3.4890
3.5520
3.6544
3.8500
4.6010
5.2960
4.9773
4.5264
4.3156
4.2000
3.9708
4.1213
4.4365
4.3744
4.9095
5.1115
5.3668
5.2558
4.9619
4.5748
4.5078
4.2676
4.1720
4.5063
5.0340
4.8792
4.8177
4.8550
4.9596
4.8392
4.5746
4.3260
4.3062
4.4375
4.5146
4.3575
4.3372
4.3400
4.3452
4.2769
4.4408
4.4396
4.3328
4.3035
4.4446
4.3820
4.3504
4.3335
4.3019
4.1669
4.1082
4.0719
4.1030
4.0672
3.8273
3.6677
3.6573
4.0640
3.9915
4.0048
4.0312
4.0376
4.0264
4.0156
4.0200
8.8728
3.6646
3.3504
3.2950
3.6688
4.1196
4.2142
4.4350
18.9977 19.2495 16.5287 15.2674 13.3181 12.7196 11.3690
4.9700
4.2936
4.7559
4.6016
4.3580
3.9776
3.8894
1935
1936
1937
1938
1939
1940
*1941
19131
19141
Jan.
Feb
Mar.
Apr. _
May.
June
July. ...
Aug.
Sept
Oct.
Nov.
Dec.
19.0703
19.0590
18.9911
18.9573
18.9349
18.8679
18.8346
18.9125
19.0590
19.0931
19.0817
19.1159
19.1847
19.2308
19.2655
19.2887
19.3353
19.3470
19.8265
20.2020
18.7617
19.0840
18.6567
18.9125
Year
Month or year
1927
1928
.1929
4.3448
4.3182
4.5059
5.0204
5.4016
5.5819
5.4488
5.4396
5.4432
5.4616
5.4458
5.3800
5.2881
5.2930
5.2822
5.2764
5.2688
5.2607
5.2406
5.2334
5.2303
5.2365
5.2385
5.2369
5.2337
5.2343
5.2351
5.2355
5.2357
5.2313
5.2302
5.2286
5.2300
5.2357
5.2357
5.2355
5.1560
5.2571
5.2334
Month or year
Jan.,
Feb.
Mar.
Apr,
May
June
July.
Aug.
Sept.
Oct.
Nov.
Dee
_
Year
1932
1933
5.2331 5.2350
5.2346 5.2350
5.2375 5.2383
5.2415 5.2360
5.2414 5.2353
5.2380 5.2348
5.2383 5.2300
5.2384 5.2304
5.2371 5.1699
5.2360 5.1645
5.2347 5.1548
5.2378 .5.1094
5.0441
5. 1799
5. 1824
5. 1493
5.1491
5.1162
5. 1009
5.1144
5.1264
5.1195
5.1124
5. 1088
5.1177
5.1156
5.1372
5.3662
6.0888
6.3789
7.3697
7.2176
7.8075
7.8208
8.4331
8.2204
8.3076 8.5209 *8.0276
8.5757 8.4730 *8.0373
8.5763 8.3368 *7.9830
8.5641 8.2821 7.8936
8.5176 8.2253 7.8560
8.5989 8.2566 7.8645
8.5750 8.2259 7.8845
8.6632 8.2074 7.8673
8.6794 8.1409 7.8514
8.6056 8.1243 5.5299
8.5386 *8.1024 5.2603
8.5427 *8.07SO 5.2609
5.2610
5.2608
5.2608
5.2607
5.2606
5.2607
5.2600
5.2603
5.2603
5.2604
5.2623
5.2606
5.2608
5.2607
5.2605
5.2605
5.2604
5.2604
5.2604
5.2604
5.2604
5.2603
5.2603
5.2603
5.2603 5.0470
5.2602
5.0467
5.0470
5.2601
5.2601
5.0452
5.2603 ' 5.0426
5.2604 *5.0361
5.2605 *5.0323
5.2515 *5.0334
5.1445 *5.03S7
5.0465 *5.0389
5:0444 *5.0396
5.0452 *5.0439
5.0432
5.0422
5.0452
5.0475
5.0805
2
5.2621
5.2374
5.1253
6.7094
8.5617
5.2607
5.2605
5.1959
5.0407
2
1930
1931
5.2063
1934
8.2471
7.2916
5.0703
* Nominal for at least five days during month.
1
Figures not entirely comparable with those for succeeding years. See introductory text, p. 572.
2
Based on quotations through June 14.
JAPAN
[Averages of daily rates. Cents per yen]
1917
1918
1919
1920
1921
50.5109
50.4261
_ _ „ 50.3750
50.5700
50.4712
50.5677
_ 50.5900
50.5833
50. 7500
51.0250
51.0990
50.9150
51.0000
51.0568
51.1250
51.2000
51.2500
51.3654
51.1850
51.1204
51.1719
51.6442
52.0917
51.9479
51.6779
51.7261
51.8067
51.9154
52.3192
52.7940
53.5769
54.2778
54.7283
54.7981
54.2315
52.9300
51.9900
51.5400
51.0590
51.3800
51.7450
51.4560
51 . 1000
51.0000
50.8700
50.9100
50.9400
50.4180
49.9700
48.5450
47.5100
48.6250
51.4500
51.4100
51.6200
51.5750
51.4100
51.3000
50.7500
50.3450
48.7000
48.6900
48.5900
48.5000
48.5480
47.9508
48.0114
48.3690
48.2000
47.6552
47.8961
47.9219
50.6560
51.3421
53.0601
51.1840
50.3680
48.2465
1929
1930
. 1931
1932
1933
Jan.
Feb.
Mar
Apr. ..
May
June. ._ - - _ „ .
July
Aug
Sept.
Oct
Nov. ...
Dec. .
45.5102
45.2103
44.5203
44.6176
44.6460
43.8830
45.5571
46.6928
47.2731
47.7599
48.7268
48.9564
49.0905
49.1295
49.3298
49.3661
49.3809
49.4070
49.3597
49.3853
49.4077
49.5896
49.5987
49.6185
49.4426
49.4054
49.3656
49.3601
49.3813
49.3740
49.3550
49.3532
49.3351
49.2525
49.2968
43.4644
35.9866
34.3233
32.1562
32.8063
31.9730
30.2856
27.4471
24.4944
23.6314
23.0628
20.6218
20.7298
Year
46.0997 49.3898
48.8509
28.1112
Month or year
Jan.
Feb,
Mar
Apr.
May
June
July._._.
Aug.
Sept
Oct.
„
Nov.
Dec.
Year....
Month or year
1916
* Nominal for at least five days during month.
1
Based on quotations through July 25.
1922
1924
1925
1926
1927
1928
47.6244 48.7454
47.3727 48.4359
47.3485 48.4559
47.3628 48.6936
47.3554 49.0785
47.7504 49.0450
47.7688 48.7892
47.7019 48.8765
48.0996 48.6200
48.0732 48.8092
48.3729 48.3742
48.8500 47.0104
44.8965
45.4265
42.9015
40,9300
40.1865
41.0824
41.3492
41.2608
40. 5972
38.7942
38.5183
38.4400
38.4546
39.0791
40.9669
41.7596
41.9136
40.8258
41.0781
40.9877
40.7488
40.9723
42.3252
43.1931
44. 1696
45.4045
45.3915
46.6442
46.9472
46.8454
47.0685
47.8031
48.4000
48.6612
49.0650
48.9373
48.8108
48.8350
49.1411
48.3738
47.0832
46.6896
47.1312
47.3322
46.8248
46.5664
45.9796
46.1881
46.8784
46.8740
47.1463
47.7136
46.6097
46.6149
45.8476
45.0505
45.7832
46.2019
46.3503
45.8940
47.8037
48.5845
41.1857
41.0362
47.1163
47.4113
46.4096
1934
1935
1936
1937
1938
1939
1940
1941
20.7393
20.7945
21.2631
22.0867
23.9967
25.7587
28.7727
26.9026
27.2539
27.7670
30.3618
30.7418
30.1136
29.7536
30.0093
30.3124
30.2276
29.9041
29.8434
29.9933
29.7693
28.6843
29.0554
28.8232
28.4725
28.3913
27.9837
28.3679
28.7295
28.9931
29.1510
29.3192
28.9378
28.6687
28.6828
28.7386
28.9932 *28.5367
29.1299 *28.5291
28.9381 28.4938
28.8688 28.6354
29.0754 28.7801
29.3924 28.7105
29.3263 28.8818
29.4041 29. 0273
29.4143 28.8670
28.6090 28.8527
28.5593 29.0949
28.5121 29.0807
29.0521 27.2049
29.0346 27.2966
28.8636 27.3003
29.0130 27.2741
28.9378 27.2771
28.8843 27.2835
28.7221 27.2793
28.4444 26.8702
27.9956 *23.4593
27.7874 *23.5104
27.4304 23.4401
27.2129 23.4409
23.4383 23.4387
23.4380 23.4387
23.4381 23.4387
23.4383 23.4387
23.4377 23.4387
23.4320 23,4388
23.4315 '23.4390
23.4314
23.4351
23.4387
23.4387
23.4387
25.6457
29.7153
28.7067
29.0220
28.4510
23.4363 123.4387
1923
28.7907
25.9629
674
BANKING AND MONETARY STATISTICS
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
[Averages of daily rates.
Month or year
1921
1922
1923
1924
1925
1926
1927
1928
1929
49.0624
48.9113
48 4954
48.5990
48 4113
48.2895
48.4180
48 6898
48.8076
49.2888
49.3574
49.0768
48.4812
48.5229
48 5314
48.3006
48 2917
48.7620
48.4468
48 9082
49 0234
48.8605
48 4463
48.4267
48 3721
48.3692
48 3432
48.5692
48 4303
48 3449
48.4994
48 0737
48.2222
48.2309
48.2652
48.2265
48 2199
48.6047
48 9031
48.9818
48 8575
48.7777
48.8114
48 8800
49 2673
49.7439
49 8718
49.8962
49 6641
49.6777
49 5826
49.3519
49 1664
48 7879
48.7507
48 5050
48 4993
48.5585
48 6571
48.2787
48 8495
48.8692
48 7823
48.7301
48 0545
47 1958
46.6718
46 8267
47 0737
47. 0084
46 8681
46 5867
46 4197
46 5383
47 3931
47 7219
47 6667
47 9125
48.4506
48 6946
48 6710
48 7436
48 7387
48 5588
47 8267
47 2920
47 4859
47 8517
47 5742
47 8901
47 9841
48 3678
48 4581
48 0515
48 2419
47 9715
47 8536
48 0883
48 5676
48 4325
48 1571
48 0086
48 0113
47 4393
47 4758
47 4921
47 5414
47 5356
47 4135
47 1287
47 3364
47 3740
47 1078
46 0995
45.5461
*48 6020
48 7150
48 5465
48 5143
49 3926
48 3087
47 2049
48 1067
48 1830
47 1331
*1939
*1940
*1941
J&n
Feb
Mar.
Apr
May
June
July
AUK
Sept
Oct
Nov
Dec.
. -
_
..
.
,-_
Year
Month or year
Jan
Feb.
Mar
Apr.
Ivlay
June
July
Aug.
Sept
Oct
Nov
Dec.
MEXICO
Cents per gold peso through July 29,1931; cents per silver peso thereafter]
1931
46.3566
46. 1950
47.3546
47.4843
_48.0200
49.0305
-2
49.0109
30.0269
- -__33.4081
36.5878
---39.1364
- ----- - ..._.. 39.0086
-
..
2
Year
47.6510
1930
1932
1933
1934
1935
1936
1937
1938
39.3294
37.8712
33.6841
33.3728
30.2540
26.8977
27.7321
28.5682
29.9159
31.1060
32.2205
31.9923
30.1631
28.4212
28.3164
27.0201
28.8721
27.6650
27.9968
28.1103
28.1492
28. 1692
27.7989
27.7355
27. 7434
27.7313
27.7224
27.7222
27.7432
27.7492
27.7481
27.7298
27.7458
27.7514
27.7620
27.7615
27. 7541
27.7515
27.7500
*27.9350
27.7882
27.7781
27.7660
27.7521
27.7558
27.7631
27.7673
27.7675
27.7677
27.7691
27.7666
27.7679
27.7625
27.7644
27.7646
27.7526
27.7525
27.7468
27.7503
27.7500
27. 7500
27.7500
27.7496
27.7509
27.7500
27.7508
27.7507
27.7505
27.7500
27.7500
27.7500
27.7500
27. 7496
27.7500
*25.5966
*23.1086
*22.2749
*20.9140
*20. 1039
*19.7318
*19.4618
*19.6588
*19.9707
*19.9308
19.4832
19.9731
20.0264
20.0234
20. 0249
19.7526
17.1327
16.8004
19,0232
20.1509
20.4970
18.1850
16.6632
16.6541
16.6522
16.6556
16.6542
18.3654
19.9125
19.9876
19.9409
20.3311
20.3999
20.4477
20.5038
20.5236
20,5294
20.5378
20.5373
20.5334
20.5424
20.5382
20.5421
20.5665
20.5439
20.5600
31.8500
28.1025
27 7423
27.7779
27.7596
27.7502
22.1217
19.3030
18.5459
20 5383
* Nominal for at least five days during month.
1
Based on quotations June through December,
2
Average of quotations for gold peso through July 29. Average for silver peso: July 30-31, 29.6703 cents; July 30-December 31, 35,4919 cents.
NETHERLANDS
[Averages of daily rates. Cents per guilder]
19131
19141
40.2500
40.2500
40.1875
40,1250
.. 40.1250
.
40.0938
--„-- 40.0938
40. 0625
40. 1250
40.0625
40.0313
40.0313
40.2188
40.2500
40. 2500
40.3125
40.3125
40. 2500
40.7188
41.3750
40.9375
41.5625
40.6875
40.5000
Month or year
Jan.
Feb
Mar
Apr
May ---.
June
July
Aug.
Sept
Oct.
Nov •
Dec.
1915
1916
1917
1918
40.3250
40. 2060
39.8565
39.4663
39.5550
39.9351
40.1250
40.1707
40.3800
41 . 0000
42.0911
42.8678
44.2075
42.3859
42.5602
42.6700
41.6274
41.6683
41.5425
41.4051
40.9000
41.0125
40.9193
40.8725
40.8534
40.6563
40.4282
41 . 0325
41.1346
41 . 3005
41.3575
42.0833
42 1615
43.6827
44.8854
44.2050
43.9519
44.5227
46.0029
47.6298
49.4663
50. 9800
51.7260
51 . 9824
48.5761
43.9231
42. 1522
42.6450
1919
1920
42.3070 37.8000
41 . 3520 37.3000
40.8710 36.7900
40.4320 37.1160
39.8300 36.6000
39.1220 36.1360
38.0000 34.9720
37.2200 32.8970
37.5300 31 . 2690
38.0000 30.8659
37.7640 30.1860
37.8510 30.9520
1921
1922
32.8800 36.6772
34.2010 37.6082
34.4000 37.8452
34.7500 37.9332
35.5600 38.6500
33.2837 38.7069
31.7810 38.7684
31 . 0000 38.8489
31 . 6600 38.7932
33.4544 38.9624
34,9722 39.2729
36.3104 39.8368
1923
1924
1925
1926
39.5642
39.5273
39.4893
39.1788
39.1304
39.2012
39.2266
39.3446
39.3025
39.1338
38.0150
38.0392
37.3496
37.4161
37.0650
37.1931
37.4058
37.4352
37.9419
38.8035
38.4508
39.1027
40.0513
40.4162
40.4069
40.1700
39.9212
39.9488
40.1848
40. 1354
40.1023
40.2419
40.2084
40.2004
40.2265
40. 1869
40.1812
40. 0795
40.0689
40.1258
40. 1980
40. 1750
40.1773
40. 1123
40.0732
40.0036
39.9850
39.9927
40 1198 40.6146 40 4919 41.8146 41 9719 47.0452 39.1470 34.4190 33.6470 38.4975 39.1005 38.2109 40.1601 40.0984
Year
1927
1928
1929
1930
1931
1932
1933
1934
1935
Jan
Feb. .
Mar.
Apr.
May
June
July
Aug.
-Sept.
Oet
Nov
Dec. . . .
.
39 9868
40.0041
40.0137
40.0023
40.0196
40 0515
40.0600
40.0719
40. 0776
40. 1920
40 3612
40.4381
40 3334
40. 2550
40.2501
40. 3091
40. 3473
40.3331
40.2479
40. 1056
40. 0946
40. 0908
40. 1374
40.1748
40 1096
40.0490
40.0535
40. 1409
40. 1984
40 1512
40.1362
40.0597
40. 0897
40 2511
40 3523
40.3569
40 2279
40.1028
40.1066
40.2013
40.2255
40 1991
40. 2375
40.2908
40.2880
40.2982
40 2393
40. 2690
40 2316
40. 1378
40.0869
40 1391
40 1847
40 2442
40.2775
40.3182
40 2677
40 4256
40 1916
40.2338
40 1828
40.3479
40.2799
40.4914
40 5474
40 4411
40. 2740
40.2443
40.1586
40 2217
40 1774
40.1680
40. 1797
40.2691
40.3572
41.9490
46.9507
49.0086
56. 1833
55.3799
59.8831
59.9529
64.5642
62.8466
63 6167
66.0382
67.2956
67.8471
67.9056
67 8148
67.7146
68.3808
68.5744
68.0869
67 5988
67. 6382
67.4562
67.5602
67. 9506
67.4576
67.6195
67 8743
67.9862
67.7819
67.5556
67: 7416
67 *8024
67. 7696
Year
40.1065 40. 2238 40.1622 40. 2251 40 2298 40. 2949 51.7209 67.3831 67.7147 64.4807 55.0445 55. 0088 53.3350 >53.1278
Month or year
. _„
i Figures not entirely comparable with those for succeeding years. See introductory text, p. 572.
1
Based on quotations through May 9.
1936
1937
68 1734 54.7515
68.6769 54.6859
68.3526 54. 7016
67.S854 54.7573
67.6335 54.9359
67 6861 54.9756
68. 0781 55.0905
67.9041 55.1510
66. 2496 55. 1498
53.6318 55.2837
53 9907 55 4524
54.5656 55.6019
1938
1939
1940
55 7113
55.9582
55.5561
55.5635
55.3509
55 3434
55.0399
54. 6020
53.9400
54.3898
54 3343
54.3558
54 1867
53.6262
53.0924
53.1319
53 6014
53 1665
53.2782
53.4835
53.1820
53.1146
53 0800
53.1073
53 2078
53.1367
53.1006
53.0823
2
53 0787
INTERNATIONAL FINANCIAL STATISTICS
675
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
NEW ZEALAND
[Averages of daily rates. Cents per pound]
19311
-.
Mar.
...
Feb
Apr
May
June
July .
Aug
Sept.
Oct
Nov.
Dec
1933
313.35
315.65
332.36
342.47
335. 63
333.03
324.16
317.42
316.99
310.15
299.11
299.42
292.1341
272.8693
273.4531
285.4833
313.8605
330.0929
370.1900
359.0154
372.1733
372.4004
411.0364
408.7200
415.29
Jan .
19321
443.63
413.81
355.17
339.72
308.10
Month or year
320.19 340.0027
-
_-_-_
.
.
„
.„_
....
Year
*1936
*1937
397.5312
401.1487
399.0848
396.7958
399.0223
402.8380
403.2606
403.4156
403.9688
393.2489
392.3593
393.8669
393.8181
392.9151
392.3242
394.7611
396.6140
396.2135
398.7444
400.1014
397.5772
397.7165
401.0798
401.0601
402.4634 391.2646 398.9247 396.9131
1934
*1935
403.4743 390.2488
401.8134 388. 6889
406.8426 380.9070
*41 1.6325 385,8479
*408.2812 389.8998
403.3852 393.5394
*402.8108 395.6506
*405.0860 396.8553
*398.7671 393.6868
*393.6691 391.8609
*398.0720 393.7377
*394.6306 394.3175
1938
*1939
1940
1941
*401.3585 373.5909
*402.8715 374.8352
*400.2825 374.7760
399.9494 374.4064
398.8718 374.4177
398.1334 374.5978
395.8634 374.4912
391.9895 368,8168
385.8082 319.7507
382.4646 320.8098
376.4966 313.9592
*373.7232 315.0348
*3 17. 0933
*317.0607
*300.7168
*282.0512
261.8670
288.1891
304.3177
318.2503
322.7382
322.5513
322.8243
322.7542
322.7500
322.3645
322.5512
321.9617
322.4502
322.5141
322.5734
322.5888
322.5980
322.6324
322.7095
322.7833
392.3512 354.8158
306.3793
322.5354
* Nominal for at least five days during month.
1
Rates prior to 1933 are taken from the League of Nations Monthly Bulletin of Statistics; annual averages for 1928-1930 are as follows: 1928,
484.53 ; 1929, 483.21; 1930, 468.22.
NORWAY
[Averages of daily rates. Cents per krone]
1915
1916
1917
1918
1919
1920
1921
1922
1923
Jan. ._
Feb.
Mar
Apr'.
May
June
July....
Aug.
Sept
Oct.
Nov.
Dec. ..
24.8772
24 6214
24 6556
25 6135
25. 9536
26 3354
26.0131
25.8019
25.8520
26.0400
26 8354
27. 8269
27.7330
28. 0630
28 6176
29.7930
30. 5885
29. 6440
28.6220
28.7415
28.0200
27.8280
27 7646
27.9090
28.0635
28 0564
29 1352
29.6280
29.4404
29.4462
29.9440
30. 6574
31.0125
32.6000
35 3438
33.6100
32.6250
32 1023
31 4712
32 0442
31.6413
31 6980
31.6096
31 7731
31,0652
28 2231
27 5326
28.0500
27.9340
27.4000
26 7590
25.8970
25.4520
25.3220
24.1000
23.4200
23.2400
23.0500
22 2600
20.6000
19.1900
17.3000
18 1790
19.8340
18,6300
17.5440
16.5200
14.9900
13.9850
13.7900
13 3800
14.7400
17.6300
17 7800
16 1900
15 9700
15.7700
14 6057
13.3800
13 0700
12.8600
12 6444
14 1209
15 2327
15.6636
16.6641
17 6156
18.6116
18.4738
17.0654
16.6832
17.1793
16.8272
17.8600
18,3658
18.9396
18,6665
18.5518
18 1578
17.8420
16.5362
16.6396
16.2040
16.2954
16.0758
15.5046
14 6546
14.9140
Year... . .
._
25.8794 28.6276
30. 5678 30.8424
24.5760
16.5300
14. 9068
17.5016
1932
1933
1934
1935
Month or year
1924
1925
1926
1927
14.0765 15.2708
13.3248 15.2541
13.5527 15.4346
13.7942 16.1338
13.8662 16.8196
13.5132 17.0115
13.4235 18.0673
13.8665 18.8027
13.8296 20.9320
14.2546 20. 2042
14.7152 20.3126
15.0635 20.3119
20.3488
20 8273
21 4670
21.6181
21.6568
22. 1027
21.9304
21.9146
21.9140
23.6060
25 3046
25.2858
25.5700
25.7759
26 0474
25.8592
25.8360
25.8896
25.8352
25.9374
26.3620
26,3404
26 4871
26.6169
16.6710
13.9403
17.8836
22.3347
26.0477
1936
1937
1938
1939
1940
1928
1929
1930
1931
Sept. Oct.
Nov. .
Dec.
26 5985
26 6098
26.6634
26 7390
26.7829
26. 7845
26 7270
26.6881
26 6656
26.6543
26.6511
26 6728
26 6560
26 6633
26.6609
26.6644
26.6550
26.6393
26 6471
26.6325
26.6299
26.7433
26.7909
26.8171
26 7347
26 7212
26. 7589
26 7719
26.7570
26.7634
26 7913
26.8101
26 7604
26 7544
26 7427
26 7434
26 7265
26 7462
26. 7501
26 7530
26.7761
26 7801
26 7346
26 7328
25 398222 0737
20 5163
18 4831
18 6969 17 2684 25 3722 24 5815 24 9316
18 7701 17 5270 25 2835 24 4880 25 1214
19.6003 17,5913 25 5834 24.0265 24.9735
19.0780 18 3161 25 8824 24 2975 24 8335
18.4823 20.0164 25.6463 24.5563 24.9689
18.0626 20 8811 25 3559 24.7910 25 2178
17 6386 23 3627 25 3246 24 9062 25 2329
17.4101 22.6451 25 4504 24.9482 25.2489
17 4470 23 4400 25 0928 24 7710 25 3037
17 1752 23 4451 24 8258 24 6570 24 6081
16.7252 25 8723 25 0655 24 7399 24 5550
16 8899 25 7075 24 8478 24 7605 24 6559
24 6580
24.5891
24.5444
24.6991
24.8186
24.7968
24 9568
25.0297
24. 8839
24 8953
25. 1003
25 1028
25 1200
25.2115
25.0450
25.0280
24.9572
24.9111
24 7671
24.5228
24.1364
23 9565
23 6523
23 4631
23 4585 22 7064
23 5394 22.7091
23.5390 22.7121
23 5146 »22.7071
23,5185
23.5243
23 5201
23.3755
22 6548
22 6969
22 7028
22 7010
Year
26 6876
26 6827
26 7598
25 0546
18 0039
25 3161
24 8396
24 5658
23 2263
Month or year
Jan.
Feb.
Mar.
Apr,
May
June
July
Aug. . „- -_
.
1
Based on quotations through April 8.
21 4292
24 6268
24 9738
1
22.70QO
BANKING AND MONETARY STATISTICS
676
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
POLAND
[Averages of daily rates. Cents per Polish mark through May 24, 1924; eents'per zloty thereafter]
1921
Month or year
1922
1924
1923
1926
1925
1927
1928
1929
1910
Sept,
Oct.
Nov.
Dec.
. 0828
.0516
.0489
0256
.0212
0290
.0313
.0327
.0286
.0236
.0262
.0249
.0237
.0185
.0135
0127
.0095
0065
.0057
.0043
1.0116
.0025
1.0109
.0024
1.0113
. 0023
».0114
.0021
219. 1420
.0013
19.2928
.7240 19.2465
.4200 19.2254
.3546 19 2188
.1113 19.2181
.0502 19 2074
.0234 19.2035
19.1788
19.1800
19.1831
19.1780
19.1872
19.1858
19.0815
17.9527
17 5888
16.6558
15 7400
10.8435
12.8664 11.3076
13.1536 11.3391
12.6888 11.3703
11.3292 11.4226
9.5836
11.3816
9.3015
11.3065
10.0654 11.2500
10.8573
11.2240
10 9676
11 2168
11.0892 11.2096
11 2271 11 2063
11.2665
11.2204
11 2402
11.2312
11.2255
11.1968
11.2133
11.2094
11.2011
11.2053
11 2032
11.2012
11 1985
11.1913
11 1883
11 1942
11.1923
11 1910
11.1859
11 1858
11.1866
11 2039
11 2011
11 1986
11 1976
11 2031
11 1973
1] 1935
11.2027
11 2037
11.2020
11 2010
11.2085
11 2065
11 2063
11 2119
11 2158
11 2110
Year
3.0419
.0188
.0014
2
17.7432
11.1796
11.2097
11.1940
11.2051
Jan.
Feb.
, _
. . .
. . .
Mar.
____„„...
!__-„__
Apr.
My..
a..™
_______
June
July
A g " " "
u . " "
— — — —
'
r
1931
Month or year
Jan
Feb.
Mar.
Apr
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec
19.2280
1932
1933
11 2114
11 2025
11.1931
11 1929
11.1950
11 1996
11.1991
11 1970
11.1978
11 1955
11.1903
11 1902
.... . ...
.... „ ...
. ..
.
- „ .
Year
11 1934
11.1896
11.1770
11.1847
11.1810
11.1839
11.1885
11.1771
11.1800
11.1740
11.1769
11.1825
11 1872
11.1940
11.1834
11.3755
*13.0873
13.8229
15.6202
15 4348
16.6963
16 7103
18.0564
17 7024
11.1970
.
.
1935
1934
11.1823
14.4135
11.2881
1936
1939
1938
1937
17 9281 18 8535 18 93U
19.1315
18.5984 18.8721
18.9623
18.9043 18.9611
18 9554 18 8617 18.8262
18.9514 18.8426 *18.7922
18 9146 "18.7998
18 8879
18 8917 18 9574 *18.9146
19 0824 18 9567 18 8270
18.8242
18.8450
19.1413
19 0071 18 8361 *I8 8280
18.8249
18.8247
18.8976
18 8941 18 8486 18 8580
18 9239
18 9285
18.9389
18 9590
18.9344
18 9277
18.9152
18 9020
18.8913
18 8898
18.9229
18 9429
18 9743
18 9738
18. 9086
18 8520
18.8449
18 8346
18. 8391
18 8324
18.8151
18 7943
18.7983
18 8647
18 9011
18 8977
18.8598
18 8177
18.8121
18,8116
18.8082
*18 7541
18.8824
18.9232
18.8603
*18.8350
18.8460
18.8748
* Nominal for at least five days during month.
1 Per thousand.
2
Average of quotations for zloty beginning May 26; average per thousand marks: May 1-24 and January 2 through May 24, .0113.
3
Based on quotations June through December.
* Based on quotations through August 25.
PORTUGAL
[Averages of daily rates. Cents per escudo]
1916
Month or year
69 0000
Jan.
69.0000
Feb.
Mar.
69 0000
Apr
69.0000
May
69 0000
66.9000
June
_
„„
65.4400
July
67.0000
Aug
,
68.1200
Sept.
Oct
____.„___„__.„„ 70.0000
70.0000
Nov. .
.
.
. „
69 9200
Dec.
- . '68.5102
Year
_„
„„
„_________„„_
s:"™:-:::::'
^~T::::..:.~
:
Oct.
Nov.
Dec
Year
1
1921
2
()
3
69 0000 63 0000
69.2619 63 0000
/g\
66 7222 63 0000
66.5000 63 0000
(3)
66 5000 63 1200 (3)
66.5600 64.0000 12 0742
66 5000 63 0833 12 0880
66.2292 63.2692 10 0700
65 5000 64 2174 9 4160
65.5000 64.0000 9 6228
65.3125 64 2609 8 4152
63 1875 64 0000 8 0196
1929
1923
1924
1925
1926
1927
7 6644
7 4895
8 4293
7 9800
7 8285
7 5096
7 1568
6.5849
4 8256
4.8760
4 9921
4 5212
6050
3582
3430
6032
4731
6604
2140
2119
1663
.0035
3 7858
3 5636
3 1831
3 1639
3 1262
3 1354
3 0373
2 8600
2 7996
2 9704
3 1808
3.9315
4 5104
4 7977
4 8808
4 9060
4 9296
4 9554
5 0024
5 0719
5 1362
5.1300
5 1356
5.0888
5 1130
5 1169
5 1168
5 1227
5 1330
5 1396
5 1256
5 1423
5 1296
5.1300
5 1256
5.1108
5 1063
5 1196
5 1152
5 1155
5 1170
5 1138
5 1220
5 0419
5 0008
4.9574
4 9288
4.9456
4 9396
4 9550
4 9285
4 7573 |
4 2572
4 2101
4 2207
4.4258
4 4565
4.5260
4.4966
4.4993
4.4708
4 4082
4.4281
4.4069
4.4495
4.4645
4.4738
4. 4854
4.4822
4.4668
4. 4809
4.4929
4.5099
4.5113
6 6700
4 2527
3 3850
5 0397
5.1254
5 0290
4.4675
4.4714
1936
1937
1938
1939
1940
66.3707
63 5162
*9 9770
1931
1932
1933
1934
1935
4.4969
4 4957
4.4930
4 4954
4.5013
4.4983
4 4947
4 5046
4.4925
4.4872
4 4833
4 4839
4.4867
4 4854
4.4823
4 4782
4 4918
4 4234
4 4162
4 4216
4.4232
3.9271
3 6401
3 2302
3.1642
3 1830
3.2832
3 3804
3 3267
3 3320
3 2240
3 1579
3 1481
3 0872
3 0293
3 D191
3.0364
3 1017
3 1362
3 5781
3 7694
4 2468
4 1521
4 4655
4 5315
4 8623
4 6892
4.6505
4 6321
4. 6709
4 7085
4 6677
4 6253
4 6129
4 6274
4 5593
4 5043
4 5384
4 4977
4.5120
4.4500
4 4328 4 5489
4 3430 4 5155
4 3930 4 5092
4 4407 4 5115
4 4856 4 5455
4 5095 4 5568
4 5153 4 5558
4 4868 4 5586
4 4703 *4 4475
4 4787 *4 4373
4 4854 *4 4514
4.4940
4.2435
3 1960 3 9165
4 6089
4 4575
* Nominal for at least five days during month.
1
Based on quotations beginning January 12.
2
No quotations for at least five days during month.
8
Quotations not available January 1919 through May 1921.
* Based on quotations June through December.
* Based on quotations through June 14.
1928
1922
1930
Month or year
Jan
Feb.
Mar.
Apr
May
June
July
AUK.
1918'
1917
,
4 5130
1941
*4.4487
*4 4457
*4 4411
*4 4599
*4 4723
*4 4689
*4 4958
*4 5053
*4 4864
*4 4870
4 5165
4 5227
4.5260
4 5350
4.5105
4 5032
4 4869
4 4811
4 4713
4 4228
4 3492
4 3220
4 2683
4 2406
4.2384
4 2508
4.2502
4 2448
4 2460
4 2484
4 2506
4 2234
3 6564
3 6444
3 6067
3 6044
3.6259
3 6228
3.4985
3 4090
3- 2650
3 5969
3 8021
3 8311
3.9620
3 9841
3 9849
3 9915
3.9986
4.0069
4.0039
4 0009
4.0017
H.0026
4 4792
4 4267
4 0375
3.7110
«4 0023
INTERNATIONAL FINANCIAL STATISTICS
677
MO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
RUMANIA
[Averages of daily rates. Cents per leu]
1921
Month or year
1922
1923
1924
1926
1925
1927
1928
1929
1930
.8008
.7783
.7953
.7485
.7332
.6967
.6584
.6045
.8110
.6559
.6261
.6417
.6111
.5194
,4769
.4842
.4789
.5097
.5168
.5177
.4677
.4642
.4688
.5029
.5153
.4993
.5182
.5225
.6188
.4902
.4311
.4322
.4605
.5178
.5459
.5393
.5079
.5191
.5073
.4866
.4583
.4722
.4660
.4875
.5117
.4890
.4774
.4632
.4609
.4476
.4321
.4234
.4030
.3710
.4278
.4601
.4672
.5105
.5357
.5488
.5206
.5306
.5743
.6128
.6157
.6176
.5964
.6094
.6163
.6181
.6193
.6155
.6188
.6177
.6145
.6185
.6273
,6194
.6152
.6136
.6110
.6098
.6072
.6042
.6005
.6018
.6001
.5964
.5955
.5946
.5935
.5937
.5940
.5937
.5955
.5975
.5972
.5962
.5950
.5953
.5957
.5953
.5947
.5955
.5958
.5959
.5949
.5944
.5945
1 . 0823
.6969
.4937
.4982
.4832
.4620
.6042
.6133
.5961
.5953
- - --
Jan
Feb
Mar
Apr
-
May
June
July
Aug
Sept.
.
-
Oet
1 . 5708
1.3995
1 . 2383
.9574
.7785
1.6569
-
Nov
Dec
Year
2
- -
1931
Month or year
1932
1933
1934
1935
1936
*1937
*1938
*1939
.5951
.5950
.5958
.5960
.5970
.5966
5972
.5978
.5982
.5978
.5975
.5973
.5972
.5958
.5974
.6107
.7025
.7448
8766
.8374
8934
.9112
.9817
.9547
.9614
.9923
1.0013
1 0060
1 . 0032
1 . 0020
1 0045
1 . 0126
1 0144
1.0069
9998
1.0025
1 . 0027
9592
1 . 0093
1 0074
1 . 0057
1 0078
1 0004
.9351
8077
.7965
7899
.7879
.7879
.7632
.7377
.7330
.7309
.7273
7279
*.7317
* 7315
*.7309
* 7289
*.7285
.7273
.7275
.7284
.7286
.7290
.7279
7286
.7270
7313
.7307
.7314
.7353
.7356
.7372
.7337
.7341
.7336
.7303
7318
.7317
7305
.7299
.7305
.7315
.7311
.7272
.7140
.7056
.7056
.7042
7035
3
.7043
Dec
.5944
.5948
.5947
.5942
.5943
.5949
5943
.5936
5936
.5953
5966
.5959
Year
5946
.5968
7795
1 0006
9277
.7382
.7294
.7325
*1940
7111
Jan.
Feb
Mar.
Apr
May
June
July
Aug.
Sept
Oct.
Nov
.6896
()
3
3
()
7088
.7055
3
« 6896
* Nominal for at least five days during month.
1
No quotations for at least five days during month.
2
Based on quotations June through December.
3
Quotations not available August 28 through November 4.
* Based on quotations through January 31.
RUSSIA
[Averages of daily rates. Cents per ruble]
Month or year
Jan
Feb
Mar.
Apr.
May
J une
July
Aug"
Sept. .
Oct.
Nov.
Dec
_
„_- -
--
Year
19131
51 5625
51.5938
51 5938
• 51.5625
51 5625
51.4688
51 4688
51 3750
51 4375
51 4688
51 4688
51 5000
51 . 5052
1
Figures not entirely comparable with
2
Based on quotations through July 22.
3
19141
51 6250
51 5938
51 6250
51 5313
51 4063
51 . 4688
51 2813
51 0625
(3)
48 0000
45 3750
42 5000
3
49.7699
1916
1917
1918
42 9550
44 3352
44 5000
42.9135
40 3100
38.5288
35.4471
34 3269
34 0900
34 3700
32 9635
31 6034
29 8450
31.2165
32 1213
31.3750
31 0471
30.6719
30 6544
30 9841
32 4880
31 3664
30 3360
29 9340
29 0512
28 6741
28 2330
28.6180
27 4923
24.0923
22 2560
20 8074
16 6083
14 7635
13 0469
13 2340
13 2356
13 4762
13 6442
14. 0500
14 8558
15.0200
S
14.8529
38.0757
31.0104
22.2763
2
those for succeeding years. See introductory text, p. 572.
Quotations not available for September; annual figure is for eleven months.
1915
14.1408
BANKING AND MONETARY STATISTICS
678
NO. ITS-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
SOUTH AFRICA
[Averages of daily rates. Cents per pound]
19311
Jan. „
. .
Feb
Mar.
Apr
May
June - „ _ - - _
July
Aug. .„.„ =
Sept.
Oct.
_ -.
Nov.
Dec. =..-..--.
Year
______
____
19321
1933
483.36
470.73
482.48
467.68
471.39
Month or year
471.06
471.14
474.98
473.19
479.72
479.89
478.31
477.50
476.79
475.85
477.58
=479.13
340.6250
338.9022
339.8830
353.7358
388.7400
408.7608
459.3258
444.3873
448.5681
461.2294
509.2908
505.7604
— . 480.76
1934
499.0883 483.9851
497.4155 482.3011
503.4178 472.3132
*509.4307 478.2678
*504.8039 483.3433
*499.0993 488.0580
*498.4410 490.6135
*501.2714 488.7417
*494.2276 488.4158
*488.4308 485.6315
*493.4247 487.0804
*489.2357 487.4422
476.56 414.9803
*1936
*1937
490.8269
494.5116
491.5553
488.7588
491.5858
496.5268
497.0716
497.1878
497.9857
484.3161
483.4307
485.3320
485.4024
484.2428
483.8108
486.8895
489. 1666
488.6791
491.9489
493.6131
490.6598
490.8930
494.9822
495.0366
*1935
1938
1939
*495.3517 462.2178
*497.0566 463.8283
*493.7443 463.7442
493.2244 462.7968
491.9173 463.1076
490.9372 463.3205
488.0665 463.2762
483.2339 456.1031
475.6310 *394.57Q7
472.0476 396.1160
466.0063 397.1475
462.3186 397.4130
498.2935 484.6589 491.6485 489.6166
1940
397.8615
398.0000
398.0000
398.0000
398.0000
398.0000
398.0000
398.0000
398.0000
398.0000
398.0000
398.0000
1941
398.0000
398.0000
398.0000
398.0000
398.0000
398,0000
398.0000
398.0000
398.0000
398.0000
398.0000
398.0000
484.1577 440. 1732 397.9881 398.0000
* Nominal for at least five days during month.
1
Rates prior to 1933 are taken from League of Nations Monthly Bulletin of Statistics; annual averages for 1928-1930 are as follows: 1928,484.20;
1929, 2 483.27; 1930, 483.79.
No quotations for at least five days during month.
SPAIN
[Averages of daily rates. Cents per peseta]
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
July
Aug..
Sept..
Oct...
Nov..
Dec..
19.2275
119.3967
U9.6457
U9.9725
U9.3758
118.8138
118.9180
U8.9888
18.7180
18.9884
18.9954
18.8269
19.1186
19.1174
19.2463
19.5777
19.8588
20.3038
20.2680
20.2441
20.1980
20.2292
20.4617
21.2050
21.3585
21.3200
21.3626
21.7540
22.1773
23.3538
23,0952
22.6778
22.8674
23.4942
23.6500
24.2112
24.3570
24.3250
25.1144
27.4067
28.2019
28.3000
27.4788
25.1407
23.1489
21.1712
20.1500
20.0604
20.1700
20.3940
20.7090
20.3220
20.2400
20.0100
19.4000
19.200ti
19.0600
19.2100
19.7800
19.5100
18.9100
17.4500
17.6000
17.4770
16.8000
16.5600
15.9600
15.1000
14.7550
14.3300
13.0300
13.0700
13.5100
14.0200
13.9700
13.9500
13.5900
13.0819
12.8200
12.8900
13.0200
13.2520
13.7165
14.6496
14.9768
15.6927
15.6533
15.5128
15.6819
15.6869
15.5632
15.5489
15.2992
15.2496
15.2750
15.6356
15.6600
15.6577
15.4652
15.3220
15.2327
14.9242
14.2972
13.6573
13.5783
13.4704
13.0800
13.0368
12.7462
12.7357
12.7327
13.6435
13.7962
13.4552
13.2996
13.4088
13.2396
13.4015
13.5961
13.9558
14.1808
14.2245
14.2219
14.2862
14.5332
14.5731
14.5073
14.4104
14.3860
14.3523
14.2526
14.1831
14.1508
14.1014
14.0933
14.2881
14.5348
15.7619
15.7169
15.2942
15.2240
15.1016
15.1533
15.2365
16.0340
16.7805
17.4088
17.6385
17.5912
17.1988
17.0856
16.9000
17.1504
17.2540
16.9400
16.6623
Year.
18.9920
19.9873
22.6098
24.6382
19.8230
15.9380
13.5316
15.4828
14.4529
13.3375
14.3443
14.8959
17.0592
Month or year
Jan..Feb..
Mar..
June.
Month
or year
1928
1929
1930
1931
1932
1933
1934
1935
Jan
Feb
Mar
Apr
May
June
July
Aug.
Sept.
17.0975
16.9782
16.8212
16.7641
16.7309
16.5681
16.4759
16.6101
16.5325
16.1798
16.1201
16.2348
16.2954
15.5587
15.0656
14.7495
14.2245
14.1315
14.5070
14.6664
14.7559
14.5046
13.9893
13.7826
13.1044
12.6955
12.3131
12.4828
12.2283
11.7490
11.5243
10.8762
10.7255
10.3448
11.2963
10.7460
10.3967
10.1853
10.7298
10.4736
10.0004
9.6749
9.3139
8.7964
8.9839
8.9631
8.6137
8.3992
8.3945
7.7671
7.5993
7.6942
8.1169
8.2451
8.0518
8.0608
8.1044
8.1871
8.1730
8.1506
8.1777
8.2446
8.4431
8.8804
9.9875
10.3638
11.6540
11.4565
12.4087
12.4343
13.1129
12.7918
13.0042
13.3001
13.6175
13.7024
13.7050
13.6776
13.6668
13.8002
13.8269
13.7272
13.6532
13.6719
13.6408
13.6626
13.7232
13.6693
13.6522
13.6982
13.7259
13.7296
13.6569
13.6537
13.6477
13.6704
Year,
16.5942 14.6833
11.6670
9.5453
8.0438
10.7189
13.6150
13.6783
Oct.
Nov.
* Nominal for at least five days during month.
1
No quotations for at least five days during month.
1
Quotations of Loyalist peseta discontinued beginning January 25.
' Average is for National peseta quoted beginning April 1.
4
Baaed on quotations through June 14.
1936
*1937
*1938
13.7274
13.8412
13.7450
13.6540
13.6454
13.6591
13.7144
13.6427
*12.3469
*8.9541
*8.7979
*7.7270
7.0986
6.7357
6.1490
5.7105
5.3480
5.2150
5.0621
6.2734
6.4769
6.2671
6.2763
6.1837
6,1371 * 4.6132
6.0852
<»>
5.8142
(*>
5.7659 '11.0043
5.8455 11.0225
5.7660 11.0225
5.6660 11.0225
5.7469 10.9997
5.2280 10.4917
5.0923 10.1483
5.0538 10.0388
4.9955 9.9500
9.9500 9,1300
9.9500 9.1300
9.8140 9.1300
9.1441 9J300
9.1303 9.1300
9.1301 *9.1300
9.1300
9.1300
9.1300
9.1300
9.1309
9.1321
12.3138
6. 0526
5.6000 '10.6301
9.3217 <9.130Q
*1939
*1940
*1941
INTERNATIONAL FINANCIAL STATISTICS
679
NO. 173-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
STRAITS SETTLEMENTS
[Averages of daily rates. Cents per Straits Settlements dollar]
1921
Month or year
1922
1923
1924
1925
Dec...
44.5177
41.9840
41.8090
42.4600
43.9204
45.4739
46.8612
47.9296
49.2959
49.5307.
49.9928
50.7592
51.1435
50.7184
51.3974
51.6440
51.7840
52.0058
53.0100
54.1412
54.8532
54.8133
54.7328
54.2635
53.8458
53.2684
53.2485
53.1896
52.9831
51.7292
50.8476
50.3481
50.5587
50.2777
50.5012
50.5312
50.1892
50.5196
51.7623
51.5144
51.8312
53.1065
53.9905
55.3104
55.3423
55.1008
55.4204
56.3680
56.5823
56.6300
56.7035
56.5876
56.5127
56.6265
56.6254
Year.
143.8401
50.7753
53.4984
51.2523
1932
1933
1934
1935
Jan...
Feb...
Mar..
AprMay..
June..
July..
Aug..
Sept.,
Oct...
Nov..
Month or year
1931
1927
1928
1929
1930
56.6156
56.6327
56.6256
56.5535
56.2004
56.2069
56.2092
56.1512
56.0736
56.0728
55.9796
55.9400
55.9616
55.9623
55.9556
55.9535
55.9896
55.9807
55.9600
55.9711
55.9908
56.0332
56.0687
56.7269
56.7650
56.7038
56.3469
56.2508
56.1362
56.1426
56.0416
55.9815
56.0731
56.3404
56.4409
56.2488
56.0027
55.9681
56.0752
55.9615
55.9824
55.9284
55.8775
55.8666
55.9884
56.2211
56.2144
56.0658
56.0259
56.0006
55.8994
55.8744
55.8892
55.9132
55.9408
55.9482
56.0320
56.1687
55.9461
55.9322
56.1546
56.2705
56.0476
56.2838
56.0117
55.9639
1936
1937
1938
1926
1940
1941
May.
June..
July..
Aug._
Sept..
Oct...
Nov..
Dec...
55.9309
56.0028
56.0615
56.0462
56.0348
56.0432
56.0198
56.0044
53.5566
45.1250
43.1386
39.0313
39.6900
39.7745
41.3333
42.7404
42.2400
41.9567
40.9675
40.1042
40.2475
39.4372
38.0026
38.0123
38.9884
39.5818
39.6078
41.2350
45.6611
47.9630
54.0460
52.3634
54.2920
54.5740
60.0625
59.7025
58.9185
58.7852
59.6007
60.3487
59.8173
59.1709
59.0562
59.3488
58.5164
57.9172
58.4538
57.9717
57.2421
57.0057
55.6346
56.3329
56.8942
57.3762
57.5466
57.8282
57.6180
57.4404
57.6071
57.6112
58.0574
58.5530
58.2430
57.9389
58.2400
58.8329
58.8733
58.9164
59.0949
57.4464
57.3136
57.5435
57.5485
57.4037
*57.3120
57.6399
57.9294
57.8356
58.2400
58.4139
58.0762
58.1065
58.5720
58.5942
58.6312
58.7588
58.1178
57.9650
57.5087
57.4320
57.4522
56.8643
55.7935
55.4402
54.7382
54.3017
54.2457
54.4162
54.3943
54.2727
54.3733
54.5094
54.7847
53.9957
*46.7120
*47.0170
46.2462
46.1021
46.4839
46.4832
46.7500
47.1356
47.1187
47.1142
47.1129
47.1156
47.1024
47.1014
47.1000
47.1000
47.0892
47.0940
47.1063
47.1066
47.1066
47.1377
47.1600
47.1600
47.1600
47.1600
47.1600
47.1600
Year.
52.4451
40.3970
49.2320
59.0052
57.1733
58.2584
57.9728
56.9172
51.7355
46.9789
47.1334
Jan....
Feb...
Mar.-
* Nominal for at least five days during month.
1
Based on quotations June through December.
SWEDEN
[Averages of daily rates. Cents per krona]
1915
1916
1917
1918
1919
24.9272
24.6714
24.7056
25.6462
..
25.9536
26.3354
.... 26.0131
25.8019
25.8520
26.0400
26.8333
27.8269
27.8141
28. 1957
28.7324
29.9020
30.7500
29.7192
28.6640
28.8007
28.4080
28.4800
28.4417
29.1640
29.5981
29.6205
29.7307
30. 1200
29.9481
30.2635
31.5750
33.4130
33.9875
38.0673
41.2604
35.1990
33.7788
33.2557
33.0721
34.1750
34.3500
34.7280
35.6269
35.7722
33.6261
30.0981
28.1826
29.0910
28.8900
28.2190
27.7700
26.8970
25.9430
25.8800
25.0000
24.6700
24.5600
24.3880
23.0900
21.6000
25.8942
28.9393
32.7050
33.0338
1929
1930
1931
Month or year
Jan
Feb.
Mar
Apr.
May
June
July
Aug..
Sept.
Oct. „
Nov.
Dec.
Year
Month
or year
1928
1921
1922
1923
1924
1925
1926
1927
20.7000 21.4000
18.6000 22.2570
20.3680 22.8300
21.8730 23.5700
21 . 2200 23.4900
21.8270 22.4273
21.8500 21.0400
20.5900 21.1120
20.2100 21.7800
19.7000 22.9364
19.0990 23.2335
19.5900 24.5281
24.9488
26.1495
26. 1563 .
26.0480
25.7746
25.8092
25.9128
26.3381
26.4568
26.6488
26.8442
26.9484
26.8610
26.5959
26.6000
26.6444
26.6462
26.5596
26.5316
26.6281
26.5496
26.3996
26.2867
26.3332
26.1831
26.1826
26.2869
26.3804
26.5000
26.5416
26.5950
26.6142
26.6028
26.6123
26.8135
26.9531
26.9458
26.9441
26.9496
26.9381
26.7532
26.7635
26.8558
26.8715
26.8244
26.7900
26.7517
26.7858
26.7776
26.7782
26.8125
26.7904
26.7612
26.8004
26.7954
26.7654
26.7476
26.7288
26.6904
26.7196
26.7056
26.6864
26.7452
26.7788
26.7480
26.7792
26.7784
26.8203
26.8752
26.9236
26.9246
27.0015
25.5420
20.4940
22.9309
26.1661
26.5548
26.5223
26.8479
26.7646
26.8148
1932
1933
1934
1935
1936
1937
1638
1939;
1940
1920
.1941
Jan.
Feb.
Mar
Apr
May
June
July
Aufi
Sept.
Oct.
Nov
Dec
26.8780
26.8371
26.8388
26.8492
26.8300
26.8334
26.7843
26.7619
26.7556
26.7378
26.7278
„. 26.7633
26.7392
26.7275
26.7101
26.7054
26.7181
26.7623
26.8020
26.7865
26.7831
26.8412
26.8711
26.9637
26.8460
26.8262
26.8563
26.8796
26.8342
26.8480
26.8837
26.8914
26.8680
26.8523
26.8284
26.8309
26.7643
26.7707
26.7775
26.7758
26.8070
26.8045
26.7558
26.7487
26.0857
23.1140
20.7378
18.7098
19.1888
19.2922
19.8540
19.0910
18.7238
18.7049
18.2190
17.8485'
17.8055
17.5334
17.4314
17.9108
18.2982
18.2670
18.1884
18.8108
20.2413
21.2819
23.9784
23.2263
24.0532
24.0690
26.5491
26.3911
26.0418
25.9554
26.2620
26.5643
26.3199
26.0211
25.9880
26.1182
25.7483
25.4756
25.7220
25.4975
25.2267
25.1256
24.6264
24.9325
25.1988
25.4408
25.5583
25.6227
25.4219
25.3030
25.3877
25.4092
25.5829
25.7779
25.6258
25.4817
25.6194
25.8769
25.8933
25.9096
25.9647
25.2525
25.1963
25.2998
25.3014
25.2318
25.1856
25.3385
25.4649
25.4436
25.6069
25.6825
25.5334
25.5458
25.7544
25.7501
25.7702
25.8611
25.6743
25.6695
25.6040
25.5609
25.4120
25. 1620
24.7654
24.5628
24.2506
24.0506
24.0411 23.8055 23.8262
24.1330 23.8069 23.8286
24.1302 23.8158 23.8238
24,1113 *23.6913 23.8252
24.1103 *23.7905 23.8386
24.1068 *23.8040 123.8358
24.1142 23.8363
24.0020 23.8128
23.7625 23.809ft
23.7917 23.8141
23.7978 23.8182
23.7959 23.8237
Year
26.8002
26.7839
26.8543
25.2540
18.4710
22.0324
25.9815
25.2710
25.6264
25.4866
25. 1969
23.9908
^Nominal for at least five days during month.
1
Based on quotations through June 14.
23.8021 '23.8291
BANKING AND MONETARY STATISTICS
680
NO. 17J-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
SWITZERLAND
[Averages of daily rates. Cents per franc]
Month or year
Mar
....
19.2346
Year.........
Month or year
19141
2
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
19.4077
19.1887
19.1545
19.3162
19.2256
19.0400
18.9204
18.9175
18.8210
18.9484
19.2363
19.7781
19.9350
20.0036
19.8993
19.6626
19.5745
20.2224
21.5499
22.5311
21.4735
21.7254
22.8159
23.1879
22.5616
22.3449
22.7650
23.5871
24.6518
25.2870
25.3781
24.7795
22.6055
20.5095
20.1102
20.5931
20.6600
20.4900
20.4500
20.2800
19.9600
18.9000
18.0800
17.7300
17.8900
17.8600
18.1500
18.4200
17.8900
16.4740
16.9500
17.9300
17.7322
18.2110
17.6200
16.6500
16.2600
15. 9000
15.5340°
15.3900
15.6800
16.3610
17.0800
17.3600
17.8600
17.0046
16.5460
16.8170
17.2000
18.2332
18.8035
19.3919
19.4156
19.5227
19.4548
19.4480
19.2062
19.0388
19.0952
19.0396
18.7908
18.4208
18.4358
18.9100
18.7831
18.7977
18.5896
18.2424
18.0277
17.9404
17,5536
18.0538
17.8621
17.8735
17.5458
17.4524
17.3212
17.3683
17.2900
17.5996
17.7246
17.6604
18.1946
18.8219
18.8820
19.1827
19.2765
19.3781
19.3369
19.2550
19.2646
19.3323
19.3464
19.4019
19.4146
19.4019
19.3068
19.2742
19.2713
19.2977
19.3112
19.2623
19.2518
19.3004
19.3464
19.3604
19.3604
19.3235
19.3216
19.3084
19.2846
19.3192
1915
19.2192 19.0244
19.2887 18.6378
19.3004 18.4993
19.3470 18.7259
19.3822 18.8815
19.3822 18.8300
20.3692 18.6251
18.6484
C2)
19.9800 18.8395
19.5886 18.8239
19.3237 18.8118
19.1847 18.9262
19.2308
19.2655
19.2539
19.2539
19 2655
19.2655
19.2655
19.2655
19.2192
19.1847
19.1732
19.1732
Jan.
Feb.
Apr.
May
June
July,
Aug.
Sept.
Oct
Nov.
Dec.
19131
19.4818 18.7709 19.1564 20.9701 22.8347 18.9830 16.9030 17.3538 19.0652 18.0600 18.2228 19.3268 19.3130
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
Feb.
Mar.
Apr.
May. .
June, - _ _ . _ . _
July
Aug.
Sept.
Oct.
Nov.
Dec.
19.2740
19.2318
19.2359
19.2323
19.2324
19.2365
19.2528
19.2759
19.2816
19.2868
19.2850
19.3150
19.2695
19.2389
19.2561
19.2713
19.2724
19.2754
19.2612
19.2521
19.2491
19.2447
19.2494
19.2729
19.2405
19.2318
19.2333 '
19.2468
19.2572
19.2409
19.2347
19.2379
19.2641
19,3402
19.3899
19.4401
19.3486
19.2938
19.3453
19.3790 ;
19.3550
19.3669
19.4279
19.4449
19.4060
19.4193
19.3875
19.3972
19.3574
19.2934
19.2429
19.2559
19.2845
19.3956
19.4309
19.4862
19.5096
19.6009
19.4632
19.4805
19.5074
19.4961
19.3405
19.4374
19.5579
19.5141
19.4684
19.4528
19.3007
19.3041
19.2470
19.2354
19.2836
19.3707
19.3716
20.1281
22.5368
23.5665
26.9583
26.5265
28.7299
28.7902
31.0223
30.2473
30.6420
31.7374
32.2857
32.4593
32.5277
32.4969
32.5771
32.9542
33.0237
32.7745
32.4713
32.4053
32.3055
32.3525
32.5301
32.3645
32.3230
32.6800
32.7474
32.7180
32.5042
32.5326
32.4449
32.4323
32.6622
33.0330
32.8206
32.5800
32.3905
32.4254
32.7244
32.5989
31.4178
22.9934
22.9837
22.9845
22.9357
22.8285
22.7916
22.8237
22.8704
22.8786
22.9197
22.9628
22.9652
23.0212
23.1490
23.1222
23.1245
23.2308
23.0445
22.9902
22.8396
22.8868
22.8845
22.8850
22.6031
22.7187
22.6527
22.6115
22.5821
22.6722
22.6141
22.4306
22.4799
22.5456
22.5500
22.5733
22.5760
22.4328
22.4279
22.4224
22.4193 23.2197
22.4178 23.2169
22.4169 23.2098
22.4180 23.2012
22.2533 23.2026
22.4610 '23.2060
22.6841
22.7546 - - - - - 22.7837
23. 1482 '
23.2019
23.2013
Year
19.2618 19.2596 19.2792 19.3820 19.4009 19.4049 24.8355 32.3663 32.4972 30. 1886 22.9378 [ 22.8713 22.5245
22.6760 '23,2095
Jan
1
2
8
1940
1941
Figures not entirely comparable with those for succeeding years. See introductory text, p. 572.
Quotations not available for August; annual figure is an average for eleven months.
Based on quotations through June 14.
TURKEY
[Averages of daily rates. Cents per pound]
Month or year
Jan,
Feb.
Mar
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1926
1927
52.6500 50.4452
52.2905 50.8891
_„..„..„. 51.5152 50.3122
_ . _ _ _ _ . _ _ . . . „ _ 50.3331 50.9035
52.8196 52.2232
53.1850 51.9992
55.1773 51.0544
55.0500 49.9774
52.4312 50.9640
51.0884 52.9624
50.2033 52.4871
50.1900 51.7846
Year...
1928
1929
51.5040
50.4843
50.5000
50.9084
51.2023
51.0877
50.8384
51.4607
51.6896
50.8354
50.0867
49.2924
48.7296
49.2150
48.9973
49.0731
48.5304
47.8000
47.9673
47.6685
48.0329
47.4812
46.8929
46.7776
1931
47.3035 47.0888
46.6955 47.1255
47.0823 47. 1404
47.0542 47.1323
46.9862 47.1764
46.9356 47.2115
47.0019 47.1254
47.1035 r,47.1074
47.1640 47. 1988
47.1369 47.4265
47. 1048 47.2304
47.1088 47.2100
1932
1933
1934
47.3484
47.4678
47.3330
47.4935
47.5060
47.3550
47.1604
47.1011
47.1916
47. 2680
47.2167
47.0127
47.0260
47.1982
47.4384
49.3996
55.3596
57.8085
65.7080
64.4507
69.8292
67.2262
75.7400
73.7068
75.0781
77.7923
79. 1507
79.6364
79.6204
79.4669
79.2912
79.9969
80.2671
79.6869
79.1991
79.2964
1935
1936
79.3381 80.6850
79.5018 81.3030
80.6676 80.8184
80.5065 80.2835
80.5269 80.2776
80.6688 80.2704
80.6550 *80.3554
80.8063 *80.2715
80.2667 *80.1452
80.2442 *79.8342
80.2674 #79.8827
80. 1536 #80. 1619
*1937
*1938
*1939
80.1S60
79.7000
79.9526
80.2458
80. 1340
79.8973
80.5365
80.3927
79.6648
79.8240
80.4922
80.6569
80.6840
80.7995
80.1833
80.0392
79.7012
79.9192
79.6204
79.4604
79. 6244
80.3112
80.2891
80.8028
80.4356
80.3850
80.3611
80.2788
80.2900
80.1008
80.0210
80.0220
1
79.5000
_.....,__
52 2549 51.3204 50.9987 48.4105 47.0608 47.1814 47.2854 60.4396 79.0472 80.3123 80.3567 80. 1303 80.1094 '80,8024
* Nominal for at least five days during month.
1
Based on quotations through September 1.
1930
INTERNATIONAL FINANCIAL STATISTICS
681
NO. 171-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continued
UNITED KINGDOM
[Averages of daily rates. Cents per pound]
Month or
year
19131
19141
19151
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
Jan
Feb.
Mar. .
Apr.
May
June
July
Aug
Sept.
Oct
Nov.
Dec.
487.5692 486.6548 484.7263 476.8000 476.4442 476.4399 476.5800 367.7930 374.1970 422.4780 465.4611 425.9092 478.1673
488.1364 485.9557 482,4063 476.7120 476.4341 476.4403 476.4860 338.1000 387.5800 436.2000 469.0809 430. 7709 477.2418
488.1856 486.4894 480.3333 476.9537 476.4375 476.4428 471.4700 372.5800 391,1100 437.5719 469.5693 429.0631 477.6250
487.2067 487. 1481 479.6707 477.0225 476.4910 476.4510 466.1700 393.1000 392.9200 441.3368 465.5468 435.1281 479.5308
486.7510 488.5230 479.4800 476.5288 476.4423 476.4601 466.7600 384.7700 397.5380 444.6119 462.5677 436.0808 485.4720
487.1950 488.9442 477.9820 476.4856 476.4375 476.4500 462.1100 394.9750 378.1106 445.1862 461.4681 431.9880 486.0415
487.2288 494.1471 477.1623 476.4675 476.4390 476.4495 442.8700 386.4700 363.2130 444.6368 458.3385 437.0388 485.9604
486.8144 528.4511 470.0180 476.4769 476.4389 476.6494 427.2000 362.1900 365.3632 446.4678 456.0338 449.9458 485.6900
485.9950 499.5400 468.4038 476.4450 476.4375 476.5848 417.9000 351.0250 372.4000 443.0696 454.2217 446.0536 484.6464
485.9740 495.3702 467.9425 476.4375 476.4380 476.5904 418.4000 347.5100 387.2892 443.8484 452.3745 448.7004 484.2800
485.7511 489.5516 467.6133 476.4375 476.4375 476.5799 409,8200 343.7239 397.0196 447.9921 438.2152 460.9687 484.5861
485.9298 487.5048 472.7608 476.4375 476.4380 476.5240 381.2300 349.2350 415.6108 460.9800 436.0148 469.5838 484.9838
Year
486.8917 492.9646 475.6961 476.6011 476.4430 476.5051 442.5800 366.4270 384.9023 442.9165 457.4825 441.7064 482.8944 485.8235 486.1024 486.6223
Month or year
1931
1930
1929
1932
1933
1934
1935
1936
1937
1940
1938
484.9878
485.2140
485.2626
485.3225
485.0785
484.8230
485.1018
84.8515
84.8206
86.9944
87.7481
88.1632
486.8823
486.1785
486.3085
86.3104
85.9675
85.8667
86.5691
87.0709
86.1101
85.8969
85.6409
85.6610
1941
1939
Official
Jan
Feb.
Mar
Apr.
May
June
July
Aug.
Sept
Oct.
Nov
*
Dec
485.7860 485.2648 487.5330
486.3363 485.0282 487.4840
486.0825 485.4025 487.9944
486.2185 485.6546 488.2045
486.1544 485.7020 488.1594
486.6096 485.6088 488.0262
486.3450 485.5056 486.3571
485.8608 486.0233 485.3525
485.4168 486.3528 485.0516
485.0328 486.9676 484.9500
484.8758 487.4012 484.9213
485.1250 488.2542 485.2442
485 4684 343.1210 336.1385 504.9336 489.2457 496.2696 490.7486 499.9845 466.9447
485.8389 345.6316 342.2073 503.2596 487.3466 500. 0469 489.3875 501.7950 468.5681
485 8293 363.9304 343.2800 509.3917 477.6211 497.0675 488.5063 498.4473 4.68.5375
485.9863 374.9994 357.9313 515.3425 483.6812 494.2682 491.6267 498. 1224 468.0514
486.4039 367.5140 393.2381 510.6279 488.7755 496.9742 493.9855 496.7291 468.1250
486.4863 364.6648 413.5581 504.8046 493.4922 501.9239 493.5535 495.7996 468.2445
485.6052 354.9564 464.9915 504.0705 495.7659 502.2475 496.7248 492.9094 468.1482
485.7725 347.5721 450.2670 506.5076 496.9880 502.5945 498.2203 488.0810 461.0679
453.1260 347.1062 466.4722 499.4056 493.0654 503.6278 495.2958 480.3786 399.5129
88.9291 339.6163 466.8290 494.0809 490.7834 489.8429 495.5118 476.8491 401.0518
71.9934 327.5267 514.9737 498 9022 492 4950 488.7994 499.6058 470.7527 392.4690
37.3707 327.8679 511.5890 494 5793 492 8772 490 7801 499.6365 467.0317 393.0111
Free
Official
Free
396.3866 403.5000 403.4208
396.3387 403.5000 402.9713
403.5000 375,9097 403.5000 403,1887
403.5000 352.5858 403.5000 402,4835
403.5000 327.3580 403.5000 403.0961
403.5000 360. 1630 403.5000 403.1636
403.5000 380.4694 403.5000 403.2287
403.5000 397.8808 403.5000 403.1774
403.5000 403.4168 403.5000 403.2658
403.5000 403.2550 403.5000 403.2888
403.5000 403.5589 403.5000 403.4204
403.5000 403.5000 403.5000 403.5000
2
85.6879 86.2126 453,4990 350.6067 423.6821 503.9302 490.1761 497.0943 494.4022 488.9375 443.5385 2403.5000 383.0003 403.5000 403.1832
Year
1 Figures not entirely comparable with those for succeeding years. See introductory text, p. 572.
Based on quotations beginning March 25.
2
URUGUAY
[Averages of daily rates. Cents per peso]
1921
Month or year
1922
1923
1924
1925
1926
1927
79.6808 99.0319 102.8820
78.2648 95.4572 103.1050
76.6927 95.3146 102.1818
77.5073 94.3773 102. 7138
78.0273 96.0228 103.0012
77.5880 96.9738 101.7108
76.6392 98.5281 100.2504
78.5162 99.8935 100. 1900
83.4448 99.9492 100.4096
88.5946 101.1273 100. 2104
95.4626 102.4778 99.9004
97.7408 101.6423 101.2588
Jan.
Feb
Mar.
Apr
May,___
June
July
Aug
Sept.
Oct.
Nov.
Dec.
65.7014
60:6890
63.9050
64.8900
66.4388
66.4126
68.9077
72.6472 84.6050
79.2391 '83.1582
80.7326 84.5496
78.1116 83.7348
79.7627 80.8638
80.9450 80.8492
81.3956 79.1884
80.8474 73.9662s
78.0132 74.4592
77.0756 73.6381
79.4613 72.1304
84.2120 77.2416
Year.... .
165.2723
79.3966
79.0615
82.2695
1933
*1934
*1935
*1936
*1937
47.3366
47.3363
47.3458
*47.7646.
*53.1875*55.9871
*65. 1372
*64.7589
*70.1510
*70.7755
*76.2484
*74.5870
75.8051
78.7499
80.1921
80. 6081
80.5539
80.2668
80.1433
80.9961
81.1496
80. 5520
80. 1486
80.2310
80.0194
80. 1306
80.4779
80,2015
80.0946
80.3547
80.4841
80.5377
80. 1204
80. 1885
80.1500
80.2075
79.9466
80. 2582
80.0216
79.7692
79.7200
79.7091
79.8197
79.7190
79.6792
79.8573
80.0454
80.0000
78.9262
78.8561
78.7531
78.6263
78.6590
79,1433
79.3731
79.2499
79.1380
79.0518
79. 1404
79.9362
66.4577 61.4380
66.0206 61.6459
65.5969 61 . 6504
65.5496 61.5920
65.3522 61.5978
65.2398 61.6090
64.8643 61 . 6002
64.2391 60.6588
63.2312
C3)
62.7422
61.9546 365.8300
61.4706 65.8300
60.3360
79.9562
80.2513
79.8740
79.0722
101 . 5220
101.4623
101.2763
101.9750
100. 7088
100.3708
99.1684
100.1381
100.4052
101.8796
103.3658
103.8692
1932
Jan.
Feb
Mar
Apr.
May
June
July
Aug
Sept.
Oct.
Nov.
Dec
44.9160
46.1521
47.0796
47.3186
47.5433
47.2115
, 47.5680
i 47.4413
47.3900
47.3466
47.3402
47.3397
Year.
47. 0639
*1938
102.7734 102.7469
102.9357 102.6037
103.6775 101.6177
103.5345 99.1120
1Q2.9908 97.7018
102.2513 96.6934
102.2849 97.5731
102.5100 98.5723
102.1055 97.8166
101.8431 97.6941
102.3049 96.7937
102.6068 94.8166
98.6294
*1940
1930
1931
92.9796
88.9679
89.0137
92.9001
92.2102
89.1731
85.4430
82.9367
82.3747
79.2496
79.9226
74.9937
68.1414
69.0778
73.3617
67.7.199
61.4301
58.5356
54.2652
46.0147
41.9254
34.8968
45.0027
44.5487
85.8650
55.3572
*1941
Con- Non-con- Con- Non-con- Con- Non-controlled trolled trolled trolled trolled trolled
235.6202
35.8177
35.6981
38.1803
*39.0219
437.0625
36.4572
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
36.3602
37.4663
38.8394
39.0904
38.6030
37.7143
35.9564
34.9391
36.3655
37.6291
38.9939
39.4802
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
65.8300
39.4907
39.6485
39,5659
40.0649
41.1606
42.7063
43.7889
43 . 7448
43.8358
45.7958
48.1254
52.7825
64.3695 362.0111 236.7887
65.8300
37.6007
65.8300
43.3802
*' Nominal for at least five days during month.
1
Based on quotations June through December.
3;
Quotations nqt available for controlled.rate September 1 through November 28.
1929
98.4009 101.4740 101.3361 102.6567
*1939
Month or year
1928
2
4
Based on quotations beginning June 22.
No quotations for at least five days during month.
682
BANKING AND MONETARY STATISTICS
NO. 17I-FOREIGN EXCHANGE RATES, BY COUNTRIES, MONTHLY-Continutd
YUGOSLAVIA
[Averages of daily rates. Cents per dinar]
Month or year
1921
Month or year
1924
1925
1926
1.3814
1.2975
1.2899
1.3302
1.4502
1.3801
1.2218
1.1863
1.2926
1.6222
1.5691
1.2231
.9560
.9681
1.0417
1.0173
1.0499
1.1484
1.0668
1.0570
1.0940
1.1748
1.1491
1.1358
1.1335
1.2232
1.2372
1.2391
1.2353
1.1850
1.1825
1.2363
1.3515
1.4245
1.4490
1.4962
1.6347
1.6216
1.6006
1.6146
1.6268
1.7114
1.7608
1.7946
1.7795
1.7733
1.7704
1.7705
1.7695
1.7610
1.7611
1.7609
1.7617
1.7653
1.7672
1.7649
1.7662
1.7674
1.7659
1.7653
12.0181
Year..
1923
2.8600
2.5634
2.3300
1.9122
1.5227
1.3058
1.5366
Jan...
Feb...
Mar..
Apr...
May.
June..
July..
Aug...
Sept..
Oct...
Nov..
1922
1.3524
1.0722
1.2818
1.7054
1.7647
1931
1932
Jan...
Feb...
Mar..
Apr...
May..
June..
July..
Aug...
Sept..
Oct..Nov._
Dec...
1.7679
1.7633
1.7587
1.7585
1.7603
1.7685
1.7665
1.7694
1.7653
1.7734
1.7856
1.7796
1.7784
1.7803
1.7753
1.7725
1.7743
1.7436
1.6717
1.6903
1.5892
1.4094
1.3506
1.3448
Year..
1.7680
1.6411
1933
1928
1929
1930
^1.7635
1.7605
1.7593
1.7581
1.7579
1.7577
1.7585
1.7596
1.7604
1.7607
1.7607
1.7615
1.7625
1.7598
1.7596
1.7599
1.7602
1.7605
1.7602
1.7598
1.7596
1.7591
1.7581
1.7587
1.7580
1.7573
1.7563
1.7563
1.7570
1.7568
1.7559
1.7558
1.7563
1.7617
1.7669
1.7715
1.7658
1.7604
1.7637
1.7674
1.7669
1.7661
1.7704
1.7727
1.7716
1.7717
1.7701
1.7697
1.7598
1.7598
1.7591
1.7681
1934
1935
1.3555
1.3593
1.3714
*1.4228
1.6073
1.6708
1.9032
1.8909
2.0274
2.0443
2.2035
2.1628
2.1818
2.2468
2.2648
2.2718
2.2725
2.2702
2.2773
2.3075
2.3156
2.2993
2.2785
2.2756
2.2716
2.2717
2.2852
2.2757
2.2737
2.2913
2.2965
2.2973
2.2823
2.2834
2.2858
2.2886
2.2991
2.3196
2.3030
2.2882
2.2866
2.2871
2.2985
*2.2926
*2.2912
*2.2956
*2.2990
*2.3003
2.3022
2.3059
'2.3057
2.3056
2.3060
2.3056
2.3072
2.3051
2.3019
2.3025
2.3096
2.3143
*2,3276
*2.3398
*2.3291
*2.3270
*2.3239
*2.3256
*2.3241
*2.3133
*2.2895
2.2805
2.2797
2.2776
* ' .2649
2
*2.2657
2.2595
2.2560
2.2485
2.2444
2.2473
2.2441
2.2439
2.2436
2.2436
2.2436
2.2409
2.2407
1.7607
2.2719
2.2837
2.2965
2.3060
2.3115
32.2716
2.2463
* Nominal for at least five days during month.
1
Based on quotations June through December.
2
Based on quotations through January 28.
3
Quotations not available August 28 through November 4.
1927
1936
*1937
1938
1939
2.2800
2.2820
2.2781
2.2636
2.2675
2.2674
2.2744
•2.2729
*1941
*1940
!
2.2397
@FedFRASER