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STAT3@NT FOR THE PRESS Released f o r publication Friday a f t e r n o o n , Apr, l 4 ; not e a r l i a r . CONDITION OF immER BANKS IN 5t,2%23* F e d e r a l Reserve Bo~rd, A p r i l 13, 1 9 2 2 BEADING C I T I I S , A g g r e g a t e i n c r e a s e s of $ 1 1 , 0 0 0 , 0 0 0 i n t h e h o l d i n g s of c o r p o r a t e s e c u r i t i e s and of $ 4 7 , 0 0 0 , 0 0 0 i n l o a n s p r o t e c t e d by such s e c u r i t i e s , r e f l e c t i n g t h e l a r g e r i s s u e a c t i v i t y of t h e weak, a r e shown i n the f e d e r a l Reserve Board 1 s weekly 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 April* $"@f £02 member "banks i n l e a d i n g c i t i e s . I n v e s t m e n t s i i U n i t e d S t a t e s "bonds and n o t e s show an i n c r e a s e f o r t h e week of $ 1 2 , 0 0 0 , 0 0 0 , w h i l e h o l d i n g s of T r e a s u r y c e r t i f i c a t e s show a f u r t h e r d e c l i n e of $ 2 2 , 0 0 0 , 0 0 0 , l a r g e l y t h r o u g h s a l e s t o c u s t o m e r s , a n d l o a n s s e c u r e d by IL S* o b l i g a t i o n s - a d e c l i n e of about $ 2 0 , 0 0 0 , 0 0 0 . By f a r t h e l a r g e r p a r t of the i n c r e a s e i n the h o l d i n g s 0 1 ^ c o r p o r a t e s e c u r i t i e s and i n l o a n s b a s e d on such s e c u r i t i e s i s shown f o r t h e member banks i n New York C i t y . T o t a l l o a n s and i n v e s t m e n t s of the r e p o r i n $ i n s t i t u t i o n s on A p r i l 5 s t o o d a t $ 1 4 , 5 ? 6 , 0 0 0 , 0 0 0 , an i n c r e a s e of $ ) f o r the week. As a g a i n s t r e d u c t i o n s of $ 4 1 , 0 0 0 , 0 0 0 i n Government a e p o t i a and of $ 9 , 0 0 0 , 0 0 0 i n time d e p o s i t s , t h e week saw a n i n c r e a s e of S1H-J ,uuu,uuu i n n e t demand d e p o s i t s , t h i s i n c r e a s e a f f e c t i n g c h i e f l y bank b a l a n c e s w i t h t h e l a r g e r i n s t i t u t i o n s i n t h e F e d e r a l r e s e r v e bank c i t i e s T o t a l b o r r o w i n g s of t h e r e p o r t i n g banks f r o m the r e s e r v e banks show a nominal d e c l i n e from $ 2 6 8 , 0 0 0 , 0 0 0 t o $ 2 6 ? , 0 0 0 , 0 0 0 , tne r a t i o of t h e s e borrowings t o t o t a l l o a n s and i n v e s t m e n t s c o n t i n u i n g unchanged a t l * o p e r cent. F o l l o w i n g i s a s t a t e m e n t of changes i n t h e p r i n c i p a l i t e m s , a s compared w i t h a week a n d a y e a r a g o : Loans and d i s c o u n t s - t o t a l S e c u r e d by U,S,Government o b l i g a t i o n s Secured by s t o c k s and bonds All other Increase or Decrease I n m i l l i o n s ox d o l l a r s since A p r i l s . 1921 ,arch 2 9 . 1922 Deer. 1,583 Inc. 32 Deer. 378 Deer. 20 Inc. 153 Inc. 47 Deer. 1.35S Inc. 5 Inc. Inc. Deer. Inc. Deer. Inc. 382 159 122 390 109 64 3 Inc. Deer. 62 44 Goveramait d e p o s i t s Net demand d e p o s i t s Time d e p o s i t s Deer. 4 1 I n c . 147 Deer. 9 Deer. Inc. Inc. 252 T o t a l accommodation a t F, B. banks Deer. Deer. 1,364 Inc. Investments, t o t a l tL S. bonds Victory notes U. S . T r e a s u r y n o t e s Treasury c e r t i f i c a t e s O t h e r . s t o c k s a n d bonds Inc. Inc. Inc. Deer. Inc. Reserve b a l a n c e s w i t h F . B. b a n k s Cash i n v a u l t Inc. De c r . l 2 7 3 22 11 21 1 146 1$8 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 l 4 , 1922; n o t e a r l i e r . PRINCIPAL RESOURCE AND LIABILITY ITEMS OF REPORTING MEMBER BANKS IN LEADING CTTTM (Amounts i n thousands^of d o l l a r s ) ' ' Number of r e p o r t i n g banks Loans and d i s c o u n t s , i n c l u d i n g " b i l l s r e d i s c o u n t e d w i t h F . R. Bank; S e c u r e d by U. S . Govt, 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 ( o t h e r than U. S. s e c u r i t i e s ) All o t h e r l o a n s and d i s c o u n t s ^ March 29 f 1922 St.2723a. O c t . 5, 1921 S0 9 A p r i l S, 1921 621 . g?7 7 icc'dkA 7 ^ pS 7 591>362 3,019,122 752,056 3,002,02? 1,030,975 1,029,226 . 8*1,759 S71,722 S9,010 62,114 l62,te9 1:420 390,185 337,209 HS,372 U. S. C e r t i f i c a t e s of indebted.,ess 108,682 130,608 163 267 O t t e r bonds, s t o c k s and s e c u r i t i e s 2,103.0M 2,092,394 2,064,977 2,038,',42 14,576,294 '14,544,249 15,027 351 15 y j g y 1 0 1,313,825 1,293^212 l . W ^ O 273,355 276,028 300,543 316,684 10,455,969 lO.3OS.5U9 5.925,772 10,2l4,045 3,121,448 3,130,60? 2,956,092 2,923,013 158,1)2 199,231 532,080 304,287 55,090 242,0* — — * U. S. -bonds - « . S. V i c t o r y n o t e s a . S. Treasury n o t e s - - Total loans & discounts & i n v e s t . , i n c l u d i n g b i l l s r e d i s ' d . w i t h F.R.Bk.Reserve balance w i t h F. B. Bank - - Cash i n v a u l t 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 - . . 21E 1,'251 801 B i l l s p a y a b l e w i t h F e d e r a l Reserve Bank: S r Z e r ^ : ?'- G -v!'.°' U g !t'0"s.:: • " 1 0 2 - '°" 41 B i l l s r e d i s c o u n t e d w i t h F e d e r a l Reserve Bank: S r S . r R a t i o of 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 to t o t a l l o a n s and i n v e s t m e n t s , p e r c e n t - : ™ . l , g0 g 1i , 6 ° . 499,317 1,9^5 . 6,195 . « : c n D'3 10,3 • 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 14, 1922; n o t e a r l i e r . St.2723b. PRINCIPAL RESOURCE AND LIABILITY ITEMS OF ALL REPORTING MIMBER BANKS IN EACH FEDERAL RESERVE DISTRICT AT CLOSE OF BUSINESS APRIL 5, 1922. Federal Reserve D i s t r i c t Number of r e p o r t i n g b a n k s Loans and d i s c o u n t s , i n c l u d i n g p i l l s r e d i s c o u n t e d with (P. R. Bank: S e c u r e d by U . S . G o v t , o b l i g . S e c u r e d by s t o c k s and bonds All other loans & discounts T o t a l l o a n s and d i s c o u n t s Boston 49 New York 107 phila. 58 22,956 128,015 35,68s 203,635 1,444,615 2 0 0 , 7 9 5 563,761 2,445,382 326,321 Cleve. 85 Rich. 51 • Atlanta 42 40,488 15,212 10,458 328,428 109,104 54,503 634,834 312,942 289,378 7 9 0 , 3 5 2 4 , 0 1 6 , 0 1 2 562,204 1 , 0 0 3 , 7 5 0 437,258 3 5 4 , 3 3 9 U. S, T r e a s u r y n o t e s 49,459 2,032 15,413 U. S* C e r t i f i c a t e s of indebtedness 6,348 U. S . b o n d s U. S . V i c t o r y n o t e s l46,l4s Chicago 109 St.Loui 3 37 63,757 13,125 415,243 122,891 1,052,072 286,797 Minn. Kans. Cy 79 35 5,774 30,734 5,046 13,450 64,536 41,145 345,638 1 9 0 , 9 0 9 196,650 1 , 5 3 7 , 0 7 8 422,813 236,158 423,924 237,100 8 4 , 4 5 1 2 5 , 3 0 2 2 0 , 6 s ? 38,990 3 2 , 8 4 5 660 1,267 5,43s 2 , 3 2 2 972 42,549 7,183 5,764 5,269 3,260 426,648 48,467 124,169 31,718 8,201 5,968 245,626 14,942 25,437 3,729 1,657 39,664 4,314 6,659 274,316 3,125 3,162 11,389 4,421 5,952 5,645 49,401 32,449 387,630 71,805 21,739 4s,022 728,735 167,834 55,615 1,226" 24,070 492 D a l l a s San F r a n , 68 52 16,908 139,157 694,546 Total 802 373,877 3,155,086 7,345,236 850,611 10,874,199 100,266 1 , 0 3 0 , 9 7 5 8,50s 69,010 19,356 390,185 4,392 13,805 108,282 8,221 166,743 2,103,043 550,354 4 1 6 , 1 7 5 2 , 0 6 8 , 5 3 5 532,433 2 9 2 , 5 7 9 5 2 3 , H 7 2 8 6 , 7 9 0 1 , 1 5 9 , 2 8 9 14,576,294 T o t a l l o a n s and d i s c o u n t s and i n v e s t m e n t s , i n c l u d i n g b i l l s1 009,752 5,490,403 806,562 1,440,299 76,460 6 2 0 , 7 5 2 65,120 99,022 Cash i n v a u l t 17,121 89,938 32,788 28,567 120,665 46,403 21,704 35,155 22,242 80,931 13,691 8,927 50,420 6,986 5,884 11,622 8,255 19,46s 305,482 2 3 0 , 7 8 1 1 , 3 0 4 , 1 3 5 318,910 182,055 3 8 4 , 4 i 4 199,279 578,205 658,476 158,726 14,135 26,242 Net demand d e p o s i t s 733,565 4,762,449 641,377 504,317 Time d e p o s i t s 194,145 534,970 48,724 4 7 1 , 8 6 9 134,147 1 4 4 , 3 6 2 14,274 65,299 10,268 3,376 47,925 11,811 Government d e p o s i t s B i l l s payable with F.R.Bank: S e c u r e d by U . S . G o v t . o b l i g . All o t h e r Socursdi by U.S .Gov t , o b l i g . A11 o til e r 276 19,736 241 16,263 14,26a 4,614 3,357 18,845 4,969 8,565 10,219 1,448 8.15S 1,2^0 26 911 6,434 514 28,913 4s 8 19,725' 502 0,121 474 22,627 259 7,268 77,317 109,095 5,194 3 , 3 0 7 63,521 301 97 1,636 222 1,773 8,149 2,686 1,313,825 273,355 10,455,969 526,036 3.., 121,448 9,251 .158,132 63s 6,065 238 _102,O33 36l 10 4,011 212 16.136 160,276 ,4,109 Released f o r p u b l i c a t i o n Friday a f t e r n o o n , Apr. 14, 1$22; not e a r l i e r . * o7p-z„ PRINCIPAL RiSOTIRCi Al- D LIABILITY ITEMS OF REPORTING MEMBER BANKS IN F. R. BANK AND BRANCH CITIES AND IN OTHER SELECTED CITIES. — (Amounts in thousands of d o l l a r s ) — F, R. All F. A. , Other New York City City of Chicago Bank c i t i e s Branch _oities selected c i t i e s Apr, 5 Mar, 2Q Apr. 5 Mar. 29 Apr. 5 Mar. 29 Apr. 5 Mar. 29 Apr. 5 Mar. 29 Number of r e p o r t i n g banks 66 67 50 50 274 211 211 275 317 318 Loans and discounts., including b i l l s r e d i s ' d . w i t h P. R. Bc.nk: Secured by U, S, Govt, o b l i g . 114,013 117,349 52,156 54,791 260,169 273,414 53,806 66,530 54,213 59,902 Secured by stocks and bonds 1,275,476 1,236,102 299,504 303,439 2,274,192 2,228,021 427,606 426,431 453,288 453,55s All other loans and discounts 2,159,543 2,156,491 678,316 679,285 4,656,060 4 , 6 5 8 , 6 4 8 1 , 4 0 0 , 1 1 3 1,388,382 1,289,063 l ,292,901 Total loans and discounts 3 , 5 4 9 , 0 3 2 3 , 5 1 0 , 4 4 2 1,029,976 1,037,515 7,190,421 7,160,033 1 , 9 1 3 , 3 0 3 1 , 9 0 8 , 4 7 0 1 , 7 7 0 , 4 7 5 1 , 7 7 3 , 5 4 5 U. S. bonds 379,325 28,568 28,868 575,545 5 7 5 , 4 2 6 379,329 225,048 222,767 230,382 231,033 26,549 17,200 234,294 230,173 U, S. C e r t i f i c a t e s of indebtedness 34,700 48,137 3,023 22,372 4,305 Other bonds, stocks and s e c u r i t i e s Total loans and discounts and investments, including b i l l s rediscountea w i t h F, R, Bank Reserve balance with F. R, Bank Cash i n v a u l t 544,083 533,536 175,573 U. S. Victory notes U, S. Treasury notes Net demand d e p o s i t s Time deposits Government d e p o s i t s B i l l s payable with F. R, Bank: Secured by U, S. Govt, o b l i g a t i o n s A l l other B i l l s rediscounted with F. R, Bank: Secured by U. S, Govt, o b l i g a t i o n s All other Ratio of b i l l s ./-payable and rediscounts with F, R, Bank to t o t a l loans and investments, per cent Digitized for 4 FRASER 2,523 35,144 13,050 14,639 12,186 12,331 293,857 54,755 54,578 35,235 39,374 84,666 25,795 17,117 15,311 176,425 1,140,349 1,127,625 30,131 589,600 373,094 373,799 21,394 4,824 43,774 300,195 65,970 590,970 1,263,817 1,271,549 9,316,254 9,276,801 2,821,551 2 , 8 2 1 , 5 5 5 576,591 582.345 130,120 1 1 8 , 5 5 1 964,780 197,654 947,330 197,367 77,906 77,122 29,228 52,621 54,350 29,513 151,927 151,467 4,288,895 4 ,223,976 894,517 878,356 7,329,196 7 , 2 0 5 , 9 0 7 1,636,816 1,624,715 345,891 347,842 311,843 311,474 1,443,144 1,456,388 963,291 967,857 61,234 75,650 13,151 16,913 117,280 147,737 26,059 33,032 4,767,9&6 4 , 7 1 8 , 8 1 7 36,745 196 5,268 -9 16,590 57,522 48,754 1,395 . 2,895 4,893 374 13,056 300 16,525 85,478 5,054 87,303 .5 1,2 1.5 1.6 1.5 1,046 2,018 23,581 238 22,688 239 2,438,489 2,445,893 151,678 68,807 710,447 710,928 14,793 18,462 20,930 123 23,648 177 44,587 2.8 31,081 33,052 2,0 2.0 2.7 785 70,211 1,489,957 1,478,327 1,114 43,717 977 148,228 1,283
@FedFRASER