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STATEMENT FOE THE FEEDS St. 4492 Released f o r p u b l i c a t i o n F r i d a y a f t e r n o o n , A p r i l 10; not e a r l i e r . F e d e r a l 'Reserve B o a r d , A p r i l 9, 1 9 2 5 . CONDITION OF MEMBER BAMS IN LEADING? CITIES The F e d e r a l R e s e r v e B o a r d ' s c o n s o l i d a t e d s t a t e m e n t 'of c o n d i t i o n on A p r i l 1 of 73b member banks i n l e a d i n g c i t i e s shows i n c r e a s e s of § 6 6 , 0 0 0 , 0 0 0 i n l o a n s and d i s c o u n t s , of 6 2 0 , 0 0 0 , 0 0 0 i n i n v e s t m e n t s , of $ 1 6 7 , 0 0 0 , 0 0 0 i n n e t demand d e p o s i t s and cf $18,000,000 i n borrowings from t h e Federal r e s e r v e banks. Member b a n k s i n New York C i t y r e p o r t i n c r e a s e s of * 2 0 , 0 0 0 , 0 0 0 i n l o a n s and d i s c o u n t s , $ 9 , 0 0 0 , 0 0 0 i n i n v e s t m e n t s , $ 1 3 9 , 0 2 0 , 0 0 0 i n n e t demand d e p o s i t s and a r e d u c t i o n of $ 3 6 , 0 0 0 , 0 0 0 i n F e d e r a l r e s e r v e bank a c c o m m o d a t i o n . Loans and d i s c o u n t s show an i n c r e a s e of $ 5 3 , 0 0 0 , 0 0 0 f o r t h e New York d i s t r i c t and s m a l l i n c r e a s e s f o r t h e B o s t o n , P h i l a d e l p h i a , Richmond, A t l a n t a and San F r a n cisco d i s t r i c t s . M o d e r a t e r e d u c t i o n s a r e shown f o r t h e o t h e r s i x d i s t r i c t s . I n v e s t m e n t s i n U. S. s e c u r i t i e s f e l l o f f $ 1 1 , 0 0 0 , O X i n t h e New Y o r k d i s t r i c t and $ 4 , 0 0 0 , 0 0 0 e a c h i n t h e C l e v e l a n d and S t . L o u i s d i s t r i c t s , w h i l e i n v e s t m e n t s i n o t h e r b o n d s , s t o c k s and s e c u r i t i e s were i n c r e a s e d by $ 2 2 , 0 0 0 , 0 0 0 and $ 9 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , i n t h e New York and C l e v e l a n d d i s t r i c t s . Net demand d e p o s i t s show a n i n c r e a s e of $ 1 4 9 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t t o g e t h e r w i t h s u b s t a n t i a l i n c r e a s e s i n t h e C l e v e l a n d , P h i l a d e l p h i a , San F r a n c i s c o and B o s t o n d i s t r i c t s . T h e s e i n c r e a s e s were p a r t l y o f f s e t by r e d u c t i o n s i n t h e C h i c a g o , S t . L o u i s , D a l l a s and. M i n n e a p o l i s d i s t r i c t s . Of t h e i n c r e a s e of $ 1 9 , 0 0 0 , 0 0 0 i n t i m e d e p o s i t s , $ 1 7 , 0 0 0 , 0 0 0 was r e p o r t e d by banks i n t h e New York district. • R e s e r v e b a l a n c e s went up $ l 4 , 0 0 0 , 0 0 0 i n t h e C l e v e l a n d d i s t r i c t w h i l e s m a l l i n c r e a s e s a r e shown f o r a l l o t h e r d i s t r i c t s e x c e p t C h i c a g o , M i n n e a p o l i s and. New Yor Ths p r i n c i p a l c h a n g e s i n b o r r o w i n g s f r o m t h e F e d e r a l r e s e r v e b a n k s a r e i n c r e a s e s of $ 1 4 , 0 0 0 , 0 0 0 and $ 1 2 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , i n t h e C h i c a g o and B o s t o n d i s t r i c t s and a r e d u c t i o n o f $ 3 5 , 0 0 0 , 0 0 0 i n t h e New f o r k d i s t r i c t . A summary of c h a n g e s i n t h e p r i n c i p a l a s s e t s and l i a b i l i t i e s of r e p o r t i n g members d u r i n g t h e week and t h e y e a r e n d i n g A p r i l 1, 1925, f o l l o w s : Increase or d icrease during - Year Week + $1,103,000,000 25,000,000 + 892,000,000 + 236,000,000 Loans and d i s c o u n t s , t o t a l S e c u r e d b y U.S. G o ^ ' t . o b l i g a t i o n s . S e c u r e d by s t o c k s and bonds . . . . A l l o+her + $66,000,000 4,000,000 - 17,000,000 + 57,000,000 Investments, t o t a l U. S. bonds U. S. T r e a s u r y n o t e s U. S. T r e a s u r y c e r t i f i c a t e s . . . . O t h e r b o n d s , s t o c k s and s e c u r i t i e s . + 20,000,000 + 7,000,000 8,000,000 39,000,000 R e s e r /e b a l a n c e s w i t h F. R. Banks Cash i n v a u l t + - 17,000,000 13,000,000 + 169,000,000 1,000,000 Net demand d e p o s i t s Time d e p o s i t s Government d e p o s i t s + 167,000,000 + 19,000,000 + 1,510,000,000 + + 523,000,000 50,000,000 T o t a l a c c o m m o d a t i o n a t F. R. Banks . . . + . . 4,000,000 18,000,000 + + + + 971,000,000 637,000,000 297,000,000 6,000,000 625,000,000 63,000,000 R e l e a s e d f o r p u b l i c a t i o n F r i d a y a f t e r n o o n , . A p r i l 1 0 , 19.25; n o t e a r l i e r . S t . 4492a PRINCIPAL RESOURCES AMD LIABILITIES OF REPORTING MEMBER BANKS I N LEADING- CI! 'IES ( i n t h o u s a n d s of d o l l a r s ) R e p o r t i n g member b a n k s i n R e p o r t i n g member b a n k s i n A l l r e p o r t i n g member b a n k s Chicago New Y o r k C i t y Mar. 25 i Apr. 2 Apr. 1 Apr. 2 Mar. 25 Apr. 1 Apr. 2 Apr. 1 Mar. 25 1924 1925 1925 1924 1925 1924 1925 1925 1925 48 46 46 66 67 65 756 737 Number of r e p o r t i n g b a n k s . . . . 736 L o a n s and d i s c o u n t s , c r o s s : Securer! by U . S . G o v ' t , o b l i g a t i o n s S e c u r e d by s t o c k s a n d b o n d s A l l e t h e r l o a n s and d i s c o u n t s ""otal l o a n s and d i s c o u n t s - Investments: U. S. P r e - w a r oends - - - - - T J. S. L i b e r t y bonds - - - - - U. S. T r e a s u r y b o n d s - - - - U. S. T r e a s u r y n o t e s - - - - U. S. T r e a s u r y c e r t i f i c a t e s - O t h e r b o n d s , s t o c k s and s e c u r i t i e s n - otal investments - - - - - - 198,162 4,779,344 8,227.641 13,205,147 220,792 1,349,643 464,399 457,383 131,006 2,875,158 5,498,381 202,736 4,796,510 8,140,389 223,738 3,887,210 7,991,28b 13,139,635 12,102;234 70,551 1,943,030 2,273,302 4,286,883 83,789 75,096 1,943,464 1,456,468 2,188,751 2,282,684 4,207,311 3,822,941 25,154 271,754 1,058,314 67,343 754,454 124,634 2,250,617 176,799 55,908 835,453 4,527,116 1,763,412 40,025 27 , 657 416,965 516,540 13,481 155,634 180,650 370,221 37,014 56,270 816,907 583,935 1,753,658 1,461,641 18,617,956 16,629,350 6,050,295 5,960,969 5,284,582 218.949 1,351,379 468 , 624 464,251 139,284 2,835,834 5,478,321 512,208 154,890 ^ o t a l l o a n s and i n v e s t m e n t s - 18,703,528 R e s e r v e b a l a n c e s w i t h F. R. Banks - 1,604,993 1,588,274 1,435,579 677,657 268,172 280,774 269,076 59,756 12,588,309 11,245,812 5,055,400 Cash i n v a u l t - - - - - - - - - - N e t demand d e p o s i t s - - - - - - - 671,732 64,340 615,083 60,780 4,916,055 4,364,625 24,618 495,737 701,172 24,249 513,867 692,394 24,982 433,916 655,090 1,936 81,973 35,162 1,936 33,034 32,867 67,066 4,568 202,406 4,195 53,610 4,762 162,160 391,877 327,630 1,621,680 1,622,387 1,441,618 1,221,527 1,230,510 1,113,988 69,828 4,495 206,759 400,153 89,018 13,885 157,602 163,831 140,799 25,053 26,008 27,687 1,093,896 1,115,616 998,616 - 12,755,540 Time d e p o s i t s - - - - - - - - - - - 5,053,072 5,033,508 4,230,384 811,60S 807,350 641,393 456,408 463,252 372,131 Government d e p o s i t s - - - - - - - - 317,758 317,69s 237,535 54,066 54,066 58,754 26,306 26,306 14,018 126 , 338 110,134 138,617 79,756 159,751 140,169 22,055 61,495 60,400 28,911 6,007 7,466 330 13,008 31,852 14,934 8,755 236,472 218,373 299,920 53,907 90,406 66,407 23,689 7,796 IS,566 B i l l s p a y a b l e & red i s . w i t h F . R . B a n k s : S e c u r e d by U . S . G o v t , o b l i g a t i o n s A11 ot he r — — — — — — — — — — — " T o t a l b o r r o w i n g s f r e m F . R . Banks 5,558 Pleased f o r p u b l i c a t i o n F r i d a y a f t e r n o o n , A p r i l 1 0 , 1925; n o t e a r l i e r . S t . 44Q2b PRINCIPAL RESOURCES AND LIABILITIES OF ALL REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS, APRIL 1 , 1 9 2 5 . ( i n t h o u s a n d s of d o l l a r s ) /; Federal Reserve D i s t r i c t B o s t o n New York P h i l a. Cleve. Rich. A t l a n t a C h i c a g o S t . L o u i s Minn. K a n s . C y . D a l l a s San F r a n . Total TTumbsr of r e p o r t i n g b a n k s : 42 106 55 76 73 36 100 33 25 71 49 70 736 Loans and d i s c o u n t s , g r o s s : S e c u r e d by U . S . G o v t , o b i i g . 9,6l8 75,639 Secured by s t o c k s & bonds 295,23 5 2,180,937 All other loans & d i s c o u n t s 660,4g4 2,577,593 T o t a l l o a n s and d i s c o u n t s 9 6 5 , 3 8 7 4 , 8 3 4 , 1 6 9 Investments: U. S. P r e - w a r b e n d s 38,881 9,35s U. S . L i b e r t y bonds 73,707 6 0 7 , 4 5 0 U. S. T r e a s u r y b o n d s 24,728 172,566 U. S. T r e a s u r y n o t e s 7,317 193,776 U. S . T r e a s u r y c e r t i f i c a t e s 4,266 57,551 ot:h e r b o n d s , s t o c k s and securities 193,242 1,109,311 Total investments 313,118 2,179,535 12,179 329,715 363,909 20,338 6,879 7,566 3 3 , 0 4 5 12,698 2,806 3 , 9 6 1 3,37? 4 3 6 , 8 9 1 1 2 8 , 4 9 4 73,131 672,889 1 7 8 , 1 3 8 6 0 , 0 4 7 1 2 3 , 2 2 5 7 5 , 5 3 2 750,560 351,234 390,044 1,221,908 307,775 191,568 325,046 226,133 7 0 5 , 8 0 3 1 , 2 0 7 , 7 8 9 4 s 6 , 6 0 7 4 7 0 , 7 4 1 1 , 9 2 7 , 8 4 2 4 9 8 , 6 1 1 2 5 4 , 4 2 1 452,232 3 0 5 , 0 4 3 31,682 9,568 52,339 28,382 17,047 6,989 159,223 35,613 43,178 1 1 , 8 8 9 50,866 1 , 7 0 4 11,743 1,711 258,803 373,128 25,164 14,852 10,389 6,163 3,456 18,108 161,834 65,750 97,528 13,481 27,182 19,666 7,206 26,995 11,856 17,321 9,332 45,234 6,896 19,857 3,240 18,212 18,839 9,518 9,410 2,736 39,530 16,078 10,055 198,162 225,060 4,779,344 861,387 8,227,641 1,096,502 13,205,147 24,448 130,838 54,625 27,110 20,207 220,792 1,349,643 464,399 2,393 10,231 11,991 3,043 457,383 131,006 355,907 62,351 41,097 423,613 99,673 75,525 19,861 196,245 2,875,158 652,599138,432 78,350 777,064 175,036 109,804 169,266 78,576 453,473 5,498,381 T o t a l l o a n s & i n v e s t m e n t s 1 , 2 7 8 , 5 0 5 7 , 0 1 3 , 7 0 4 1 , 0 7 8 , 9 3 1 1 , 8 6 0 , 3 8 8 625,039 5 4 9 , 0 9 1 2 , 7 0 4 , 9 0 6 6 7 3 , 6 4 7 3 6 4 , 2 2 5 621,498 3 8 3 , 6 1 9 1,549,975 1 8 , 7 0 3 , 5 2 8 Reserve balances w i t h F.R.Bk. 89,876 729,369 84,462 124,777 39,083 4 2 , 1 4 1 230,500 4 8 , 4 8 3 23,319 5 4 , 4 0 1 3 0 , 3 7 3 108,209 1,604,993 Cash i n v a u l t 20,147 73,750 14,519 20,707 268,172 28,329 13,154 10,384 51,841 7,178 5,991 11,814 10,358 Net demand d e p o s i t s 850,569 5>606,065 758,484 9 9 7 , 0 4 3 3 5 1 , 5 9 9 3 1 7 , 8 8 7 1,678,617 4 0 7 , 9 1 0 2 3 7 , 7 9 4 499,617 2 7 9 , 4 2 4 770,531 12,755,540 Time d e p o s i t s 350,663 1,183,191 176,492 7 1 8 , 3 7 9 188,111 1 9 7 , 7 1 5 936,407 203,631 1 0 5 , 2 7 3 138,474 95,010 759 , 726 5 , 0 5 3 , 0 7 2 Government d e p o s i t s 25,741 70,936 37,984 42,806 14,412 12,964 4 5 , 9 8 4 18,925 4,117 7,175 10,503 26,211 317,758 B i l l s p a y a b l e and r e d i s c o u n t s w i t h F . R. Bank: S e c u r e d by U . S - G o v t . o b l i ^ . 4 , 7 9 4 40,740 12,140 126,338 21,393 5,967 4,575 23,644 1,203 2,442 50 9,390 All other 18,026 32,644 6,882 110,134 8,717 5,570 13,574 5,595 14,146 4,576 349 55 BANKERS' BALANCES OF REPORTING MEMBER BANKS IN FEDERAL RESERVE BANK iCITIES Due t o b a n k s Due f r o m b a n k s 133,587 37,124 1,271,002 115,166 190,980 75,845 50,711 31,703 19,410 a , 997 15,312 14,004 413,043 164,631 92,777 32,061 60,073 111,015 25,564 36,691 45,049 28,892 98,257 55,793 2,509,249 631,438
@FedFRASER