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STATElSNT FOE W . PRESS For Immediate r e l e a s e ' st. 5762 F e d e r a l Reserve Board, A p r i l 30, 1928. ccbiiifioN OF member baitks i n l e a d i n g c i t i e s The F e d e r a l Reserve Board* s c o n d i t i o n statement of 644 r e p o r t i n g member "banks i n l e a d i n g c i t i e s as of A p r i l 25 sho-'Ts d e c r e a s e s f o r t h e week of $41,000,000 i n l o a n s and d i s c o u n t s , $2,000,000 i n i n v e s t m e n t s , $148,000,000 i n n e t demand d e p o s i t s and-$51,000,000 i n Government d e p o s i t s and i n c r e a s e s of 137,000,000 i n time d e p o s i t s and $76,000,000 i n borrowings a t the F e d e r a l r e s e r v e hanks. Loans on s t o c k s and bonds, i n c l u d i n g U. S. Government o b l i g a t i o n s , were $29,000,000 above t h e A p r i l IS t o t a l a t a l l r e p o r t i n g b a n k s , an i n c r e a s e of $79,000,000 b e i n g shown f o r the New York d i s t r i c t and d e c r e a s e s of $17,000,000 | a c h f o r t h e Boston and P h i l a d e l p h i a d i s t r i c t s . A l l o t h e r l o a n s and d i s c o u n t s d e c l i n e d $371000,000 i n t h e New York d i s t r i c t and $70,000,000 a t a l l r e p o r t i n g banks. Holdings of U. S. Government s e c u r i t i e s , which a t a l l r e p o r t i n g banks were $2,000,000 below the A p r i l 18 t o t a l , i n c r e a s e d $9,000,000 i n the San F r a n c i s c o d i s t r i c t and d e c l i n e d $9,000,000 i n t h e New York d i s t r i c t . Not demand d e p o s i t s d e c l i n e d $63,000,000 i n t h e New f o r k d i s t r i c t , $22,000,000 i n the P h i l a d e l p h i a d i s t r i c t , $21,000,000 i n the Boston d i s t r i c t , $19,000,000 i n t h e Chicago d i s t r i c t and $148,000,000 a t a l l repoiting b a n k s . Time d e p o s i t s were $22,000,000 above t h e t o t a l r e p o r t e d a week ago i n t h e New York d i s t r i c t , $7,000,000 i n t h e San F r a n c i s c o d i s t r i c t and $37,000,000 a t a l l r e p o r t i n g "Wanks. Government d e p o s i t s d e c l i n e d i n a l l d i s t r i c t s , the t o t a l d e c l i n e b e i n g #51,000,000. v; The p r i n c i p a l changos i n borrowings from t h e F e d e r a l r e s e r v e "banks comprise i n c r e a s e s of $84,000,000 and $22,000,000 i n t h e ITew York and Chicago d i s t r i c t s , r e s p e c t i v e l y , and a d e c l i n e of $15,000,000 i n t h e Boston d i s t r i c t , a l l r e p o r t i n g b ginks showing a n e t i n c r e a s e of $76,000,000. A summary of 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 644 r e p o r t i n g member b a n k s , t o g e t h e r with changes d u r i n g the week and t h e y e a r ending A p r i l 25. 1928, follows: (I11 thousands of d o l l a r s ) Apr. 25 1928 I n c r e a s e or d e c r e a s e d u r i n g Year Week l o a n s and i n v e s t m e n t s - t o t a l 22,338,396 - 42,868 + 1,965,559 Loans and di scountis-4 t o t a l 15,722,013 - 40,966 + 5,557 35,025 70,434 - Secured by U.S.Govt, o b l i g a t i o n s Secured by s t o c k s and bonds All o t h e r l o a n s and d i s c o u n t s Investments - t o t a l U.S. Government s e c u r i t i e s Other b o n d s , s t o c k s and s e c u r i t i e s Ebserve with F. R. banks dash i n v a u l t Set 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 Due from banks Dae t o banks. v • Borrowings f r o m F . H. banks - t o t a l Secured by U.S.Govt, o b l i g a t i o n s All other C.FRASER Digitized for 132,663 6,727,726 — + 8,855,624 — 6,616,383 - 3,001,841 — 356,792 1,902 + 643,919 + + 404,272 239,647 124,852 21,419 3,614,542 + 1,803,679 + 36,886 + 2,538 — 13,742,309 6,877,947 117,100 1,131,946 '3,304,075 — + - - 21,203 986,051 + + *2,055 *153 243,389 i,32i,64o 56,536 - '120,531 + 677,524 734,677 48,983 12,025 119,775 147,623 37,175 51,466 + + - ' 545,007 + 75,542 + 258,970 386,139 + + 70,908 4,634 + + 196,683 62,287 158,868 *April 18 f i g u r e s r e v i s e d . F e d e r a l Rc r e r v e Boari A p r i l •26, 192s. For immediate r e l e a s e CONDITION 0? 'X3SKLY BD30PTI3G : S Z : BAFKS IiT Cd":TTR M K :s-RT< e r a : K,o ( i n thoxican.. s cf d o l l a r s ) Apr. 25 IS 23 Apr. 18 1928 7,351,046 Apr. 27 1927 6,442,888 5,402,623 4,571,437 bi,95i 2,634,045 2,741,413 66,694 2,556,591 2,779,338 6l,790 2,113,968 2,395,679 I_l93IL273 1,948,423 1,871,451 1,048,299 oo9,974 1,059,320 889,103 946,319 925,132 7oi,i34 50,694 757,562 49,049 708,476 58,554 !v!et 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 5,559,005 1,133,060 34,761 5,625,960 1,117,365 50,163 5,106,543 949,629 47,863 Due from banks Dae t o banks 117,105 1,219,859 131,000 1,252,834 109,751 1,110,512 121,572 91,491 77,027 120,135 51,437 62,155 29,336 51,600 25,427 1,200,217 l,6i3,64o 1,350,529 4,1^-4,326 1,163,530 1,702,908 1,262,563 4,129,001 935,53S 1,143,294 804,112 3,169,953 974,433 3,173.286 955,H5 2,181,875 701,119 Loans and i n v e s t m e n t s - t o t a l 2,OI4,942 2,025,728 1,857,444 Loans and d i s c o u n t s - t o t a l 1,492,736 1,504,478 1,404,301 14,133 761,972 716,631 13,332 773,575 717,570 16,071 695,238 692,992 522,206 521,250 453,143 227,801 294,405 228,262 292,988 190,511 262,632 192,125 16,945 177,710 16,971 169,165 • 20,501 1,252,204 690,042 • 8,983 1,256,591 692,030 12,946 1,210,447 576,950 10,328 157,522 367,333 l6l,57S 381,071 148,376 355,819 45,634 35,130 7,454 30,097 26,928 23,408 6,629 20,433 6,495 fCW YORK- 47 B/dTKo Loans and i n v e s t m e n t s - t o t a l ' 7,375,682 Loans and d i s c o u n t s - t o t a l Secured "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 o t h e r l o a n s and d i s c o u n t s Investments - t o t a l U, S. Government s e c u r i t i e s Other b o n i s , s t o c k s and s e c u r i t i e s Reserve with F, R. Bank Cash i n v a u l t Borrowings from F. R. bank - t o t a l Secured by U.S. Government o b l i g a t i o n s M l other Loans to b r o k e r s and d e a l e r s ( s e c u r e d by s t o c k s and b o n d s ) : For ov,*n account For account of o u t - o f - t o w n banks For account of o t h e r s Total On demand On time CHICAGO- 43 BANKS * Secured "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 A l l o t h e r l o a n s and d i s c o u n t s Investments - t o t a l U. S. Government s e c u r i t i e s Other bonds, s t o c k s and s e c u r i t i e s Reserve with IT. R. 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 Due f r o m "banks Due t o "banks Borrowings from ? . R. Bank - t o t a l Secured "by U. S.Government o b l i g a t i o n s All other C. 2,882,994 • ( S t . 5762a.) For immediate r e l e a s e S t . 5762b PRINCIPAL RESOURCES AND LIABILITIES OF ALL REPORTING MEMBER BANKS III EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS,APRIL 25,1928. ( i n thousands of d o l l a r s ) F e d e r a l Reserve D i s t r i c t Total Boston Now York Phila. Clove. Rich. A t l a n t a Chicago S t . L o u i s Minn. Kans.Cy. D a l l a s San Fran. 8,605.669 Loans & i n v e s t m e n t s - t o t a l 22,338,396 1,587,763 Loans and d i s c o u n t s - t o t a l 15,722,013 1,094,624 6,196.313 1.225.179 2.184.535 693.124 628.645 3.221.316 720.168 182.048 675.281 441.77? 5,274 63,6oi 426,04l 3,031,176 663,309 3,101,536 439,601 356,5^5 2,846 5,055 20,352 4,227 660,425 176,947 126,220 1 , 0 0 9 , 9 1 2 202,634 773,335 34l,4is 372,894 1,264,432 292,301 6,616,383 493,139 2,409,356 420,627 736,167 171,913 TJ.S. Govt, s e c u r i t i e s 3,001,841 Other b o n d s , s t k s . & s e c u r •3,614,542 190,948 1,154,674 115,451 305,176 326,621 409,546 96,076 75,837 61,509 62,967 849,692 82,467 13,914 134,225 40,235 41,253 10,758 13,742,309 6,877,947 117,100 964,238 6,175,484 505,710 1,672,613 3,624 38,632 764,736 296,349 1,059,263 961,991 1,131,9^ 3,304,075 59,379 160,925 152,665 1,282,572 56,473 182,304 94,179 228,789 Reserve with F. R. Bank Cash i n v a u l t :!et 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 Oue from banks -hie t o banks 1,803,679 243,389 302,191 1,254,682 104,947 18,154 64,337 T G j h 804,552 1.448.368 521.211 504,l69 2,294,696 499.162 240.150 438.407 115.?7Q 1 , 1 1 6 . 0 2 ? Secured by us Govt o h i i g . 138,663 Secured by s t o c k s & "bonds 6,727,72b All other loans & d i s c t s 8,855,624 Investments - t o t a l \ o . 7 Q 's,4o6 6,463 3,566 3,475 70,475 1 2b,260 86,177 176,20s 308,581 245,627 221,206 132,898 236,376 108,493 959,438 380,365 86,304 546,275 134,902 68,383 110,000 64,510 126,876 77,149 31,344 35^,595 279,997 268,794 49,480 39,546 6,939 26,155 5,512 58,925 11,907 31,945 S,523 U5,56l 22,34? i4,6os 29,286 12,116 124,476 926,640 2,467 365,346 331,288 1,832,439 4 o i , 6 4 i 213,146 248,777 239,235 1,263,703 248,069 133,687 4,o64 8,475 l,4io 8,771 14,552 2,944 49,112 67,102 99,641 111,279 4,786 371,858 634.592 500,452 292,283 836,993 177,603 121,183 1,008,527 2,769 4,958 15,388 232,741 50,167 511,463 120,673 42,624 93,834 112,822 208,867 58,642 98,933 147*280 21,939 213,050 Borrowings from FR B k - t o t a l 545.007 26,474 207,468 22,607 45,535 19,810 30,595 77,784 11,530 14,376 6,695 6o.i44 Secured by US Govt o b l i g . All other 158,868 386,139 17,613 8,36i 151,911 55,557 15,880 6,727 29,100 16,485 5,203 14,607 14,236 16,359 57,430 16,019 10,320 36 80 49 71 66 32 Number of r e p o r t i n g banks C. 644 20,354 5,920 1,210 7,895 6,4si 2,857 3,838 57,675 2,469 92 29 24 64 45 56
@FedFRASER