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SIAIE'.iiJII FUR iaZ- HE.SS St. 5325 f e d e r a l Reserve Board, A p r i l 4, 192; For immediate r e l e a s e CONDITION OF MSMBEB BAHS I IT LEADING CITIES The F e d e r a l Reserve B o a r d ' s c o n d i t i o n statement of 674 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 March 30 shows r e d u c t i o n s f o r the week of S3,000 ; 000 i n l o a n s and d i s c o u n t s , $32,000,000 i n i n v e s t m e n t s , $57.000.,000 i n net demand, d e p o s i t s and $13,000,000 i n 'borrowings from t h e Federal r e s e r v e hanks- Member "banks i n Hew York City r e p o r t e d a d e c l i n e of $2,000;000 i n l o a n s and d i s c o u n t s , $11,000,000 i n investments, and $22,000,000 i n borrowings from the Federal r e s e r v e "bank, and i n c r e a s e s of $8,000,000 and $15,000,000 i n net demand and time de 1 0 s i t s , r e s p e c t i v e l y . 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 $11,000,000 below the p r e v i o u s week's t o t a l , the p r i n c i p a l changes i n t h i s item i n c l u d i n g r e d u c t i o n s of $13,000,000 and $9,000>000 i n the Chicago and ITew York d i s t r i c t s , r e s p e c t i v e l y , and an i n c r e a s e of $9,000,000 i n the Boston d i s t r i c t , "All o t h e r " l o a n s and d i s c o u n t s i n c r e a s e d $8,000,000, the l a r g e r i n c r e a s e of $19,000,000 i n the Cleveland d i s t r i c t b e i n g p a r t l y o f f s e t by small r e d u c t i o n s i n some of the other d i s t r i c t s . Loans t o b r o k e r s and d e a l e r s , secured by s t o c k s and bonds, made by r e p o r t i n g member banks i n Hew York C i t y , were $1,000,000 above the March 23 t o t a l , l o a n s f o r t h e i r own account having' i n c r e a s e d $60,000,000, while l o a n s f o r o u t - o f town banks and f o r o t h e r s d e c l i n e d $42,000,000 and $17,000,000, r e s p e c t i v e l y . Holdings of !J. S. Government s e c u r i t i e s were $40,000,000 below the t o t a l r e p o r t e d a week ago, the p r i n c i p a l r e d u c t i o n s i n c l u d i n g $25,000,000 i n the Chicago d i s t r i c t and $13,000,000 and $12,000,000 i n the Hew York and Boston d i s t r i c t s , r e s p e c t i v e l y . Holdings of o t h e r bonds, s t o c k s , and s e c u r i t i e s i n c r e a s e d $8,000,000, i n c r e a s e s of $11,000,000 i n the Boston d i s t r i c t and $6>000,000 i n the San Francisco d i s t r i c t b e i n g p a r t l y o f f s e t by a r e d u c t i o n of $6,000,000 i n t h e Chicago d i s t r i c t . Met demand d e p o s i t s were $57,000,000 lower than on March 23, d e c l i n e s of $48,000,000 b e i n g r e p o r t e d by member banks i n the Chicago d i s t r i c t , $7,000,000 i n the P h i l a d e l p h i a d i s t r i c t and $6,000,000 i n the D a l l a s d i s t r i c t , and an i n c r e a s e of $15,000,000 by r e p o r t i n g member banks i n the Cleveland d i s t r i c t . Time d e p o s i t s i n c r e a s e d $14,000,000 and $12,000,000 i n the 3Tew York and San F r a n c i s c o d i s t r i c t s , r e s p e c t i v e l y , and d e c l i n e d $23,000,000 i n the Chicago d i s t r i c t . Borrowings from the F e d e r a l r e s e r v e banks were $13,000,000 l e s s t h a n the p r e v i o u s week's t o t a l , r e d u c t i o n s of $23,000,000 i n the Mew York d i s t r i c t and $14,000,000 i n t h e San F r a n c i s c o d i s t r i c t b e i n g l a r g e l y o f f s - t by i n c r e a s e s of $15,000,000 and $13,000,000 i n t h e Boston a n d Chicago d i s t r i c t s , r e s p e c t i v e l y . A summary of changes i n the 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 memb e r s during t h e week and t h e year ending March 30, 1927, f o l l o w s : Increase or decrease Week Loans and d i s c o u n t s , t o t a l Secured "by U.S.Govt, o b l i g a t i o n s . . Secured "by stocks and bonds . . . . All o t h e r Investments, t o t a l U. S. 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 b a l a n c e s w i t h F. R. Banks 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 Total borrowings from F. 3 . Banks C. . . - + - + — - + - + - . + - . , - Year $3,000,000 1,000,000 12,000,000 8,000,000 + 32,000,000 + + 40,000,000 8,000,000 26,000,000 3,000,000 57,000,000 8,000,000 10,000,000 13,000,000 during - + + 4+ - $307, ooo ,-ooo 12,000,000 119,000,000 200,000,000 419,000,000 63,000,000 355,000,000 30,000,000 8,000,000 + 105,000,000 532,000,000 7,000,000 *— 124,000,000 + + PRIHCIPAL RESOURCES MD LIABILITIES OF BEPORTIHG M31CBEB BAjES I2T LSADIITC- CITIES ( 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 4.11 r e p o r t i n g member b a n k s i n Hew York C i t y Max. 30 Mar. 23 Mar. 31 Mar. 30 Mar. 23 Mar. 31 1927 1926 1926 1927 1927 1927 dumber of r e p o r t i n g banks - - Loans and d i s c o u n t s : Secured "by U. S. Government o b l i g a t i o n s Secured by s t o c k s & bonds - - - - - a l l o t h e r l o a n s and d i s c o u n t s - - - - T o t a l l o a n s and d i s c o u n t s - - - - - Investments: 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 - - Total investments - - - - - - - - Total loans and investments - - - - - - - Reserve b a l a n c e s w i t h P. R. Banks - - - 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 b a n k s Due t o banks - 674 Ilk 151,963 5,522,752 8,684,327 150,810 5,534,634 164,33% 50,929 55,478 51,304 5,403,269 1,974,489 1,971,611 2,099,750 8 , 4 8 3 , 9 6 0 2 , 5 2 8 , 5 1 2 2 , 5 2 8 , 7 7 9 _2,3_79_,578 2,542,790 2,582,810 2,430,163 3,370,875 5,913,665 3,363,217 3,014,540 5,494~703~ 1,333,630 "ITz'S'OYOXI 1,715,364 710 54 54 8,676,254 14,359,042 14,361,74s 14,051,567 4,553,930 4,555,863 4,530,632 20,272,707 1,685,470 264,340 13,006,456 6,009,406 302,861 1,125,063 904,099 934,531 916,846 933,202 850,924 864,440 st. 5325a R e p o r t i n g member b a n k s i n Chicago Mar. 30 Mar. 23 ( Mar. 31 1926 1927 1927 45 45 46 11,840 13,326 643,307 592,948 688,611 685,178 687,450 1,338,516 1,342,311 1,292,238 13,532 636,373 170,640 224,440 395,030 183,607 239,893 "4287500 130,763 218,758 19,965 13,471 33,436 13,815 3,916 11,594 32,964 44,558 5,046,027 349,521" 20,307,775 19,546,270 6,392,560 6,405,916 6,245,996 1 , 7 3 3 , 5 9 6 1 , 7 7 0 , 8 1 1 1 , 6 4 1 , 7 5 9 152,364 163,306 1,711,364 1,655,265 152,324 755,084 751,479 743,016 20,043 - 261,435 272,422 58,615 56,454 62,203 20,937 19,932 13,063,470 12,901,244 5 , 1 0 9 , 4 0 3 5 , 1 0 1 , 3 3 7 5 , 1 5 0 , 4 6 3 I , I 4 9 , 4 O I 1,189,374 1 , 0 9 0 , 3 4 6 480,485 6,001,333 5,476,941 521,588 942,547 927,688 835,248 493,210 11,362 312,924 296,347 18,873 19,471 87,208 90,138 52,067 1,108,473 136,521 96,117 98,219 103,034 136,998 138,398 3,221,160 1,105,661 1,083,518 1,167,145 355,788 380,570 398,371 3,197,638 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.Banks: Secured by U. S. Government o b l i g a t i o n s 2i4,4q6 207,024 190,754 86,450 69,650 iVll 0 Olio r — — — — — — — — — — — — — 105,724 — — 102,390 205,606 14,130 19,631 T o t a l b o r r o w i n g s f r o m F. R. Banks 2 9 6 , 3 0 9 , 4 l 4 420,102 83,780 106,081 Loans t o b r o k e r s a n d d e a l e r s ( s e c u r e d by s t o c k s and bonds) made by r e p o r t i n g member b a n k s i n Hew York C i t y : For own account 941,742 881,114 For a c c o u n t of o u t - o f - t o w n b a n k s 1,045,707 1,087,758 For a c c o u n t of o t h e r s 815,863 833,315 Total 2,803,312 2,802,137 On demand 2,144,101 2,142,398 On time 659,211 659,739 C. 60 Por immediate r e l e a s e 57,332 30,985 88,317 1,047,784 1,006,4ll 518,856 2,573,051 i,7o4,o4O 869,011 17,731 st For immediate r e l e a s e PKPIClPAIi RESOURCES MD * 5:>^5b LIABILITIES OF ALL REPORTING MEMBER BfflS H F e d e r a l Reserve D i s t H c t ' dumber of r e p o r t i n g b a n k s Boston Mew York Phila. 37 92 49 EACH FEDERAL RESERVE DISTRICT AS IT CLOSE OF BUSINESS, MARCH 30, 1927( i n t h o u s a n d s of d o l l a r s ) Cleve. Rich. A t l a n t a Chicago S t . L o u i s " ' i n n . K a n s . C y . D a l l a s San F r a n . T o t a l 71 °7 35 97 31 <-4 6o ^ 60 . 7 l i l i H S : si $£E SI aSsars as sa m M S » .as ,,,« gS gjg gS !:%»> =:;« S;g »:S "g:;s 11:85$ IS % m "IB # 1:1 l® '11 =ESS# 18 |1 T o t a l l o a n s and d i s c o u n t s 1,004.032 5,227,411 792,64? i,4o4,6i2 517,400 501,724 2,131,313 %».l» 24o,98b 421,110 321.075 1.302,541 14,359,042 Total investments Hi5,103 2,249,104 402,381 681,377 1 ^ 2 , 9 8 3 1 1 7 , 7 6 2 772,500 199,357 1 2 4 , 5 8 2 2 0 5 , 8 5 0 T o t a l l o a n s and i n v e s t m e n t s 1 , 4 1 9 , 1 3 5 7 , 4 7 6 , 5 1 5 1,195,028 2 , 0 8 5 , 9 8 9 660,383 619,546 2 , 9 0 3 , 8 1 3 693,438 3 6 5 , 5 6 8 43,yyq Due f r o m b a n k s Due t o b a n k s 139,539 138,279 60,597 1,168,533 174,431 107,276 240,432 54,273 69,46i 110,986 101,367 217,241 55-17° • 4 9 9 , 5 4 6 1 41,800 87,601 626,960 408,670 59»oi4 218,330 90,60b 44,249 91,570 1^9,000 515,065 5,913,605 1,51,,b0o 20,2,2,707 143,716 1,12^,003 2l4,%i5 3,l97,o3o \ 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: U ^ - : G o , t . 0 , 1 , 15,017 T o t a l borrowings from F. R. Bank 32,142 77,160 i2,go 14,315 3,245 32,65 Moo ,325 ,191 1.130 2,2g 190,54 91,801 23,345 21,313 7,971 15,644 5^,961 8,44o 3,407 3,362 1,621 32,471 29%,478
@FedFRASER