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STATEMENT FOR THE PRESS 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 , Aug. l 4 ; not e a r l i e r . S t . 46l7 F e d e r a l Reserve Board, August 13, 1925. ' CONDITION OF MEMBER BAMS IN LEADING CITIES Changes i n t h e © o n d i t i o n of t h e 728 r e p o r t i n g member b a n t s in l e a d i n g c i t i e s d u r i n g t h e week e n d i n g August 5> a s shown i n t h e s t a t e m e n t i s s u e d by t h e F e d e r a l Reserve Board, i n c l u d e i n c r e a s e s of $ 9 2 , 0 0 0 , 0 0 0 , in l o a n s and d i s c o u n t s , of $ 1 6 , 0 0 0 , 0 0 0 in n e t demand d e p o s i t s , and of $ 7 8 , 0 0 0 , 0 0 0 i n borrowings f r o m t h e F e d e r a l r e s e r v e banks, and a d e c r e a s e of $ 2 3 , 0 0 0 , 0 0 0 i n i n v e s t m e n t s . Member banks in New York C i t y r e p o r t e d i n c r e a s e s of $ 8 0 , 0 0 0 , 0 0 0 i n l o a n s and d i s c o u n t s and $70,000,000 i n b o r r o w i n g s from t h e F e d e r a l r e s e r v e bank, t o g e t h e r w i t h a r e d u c t i o n of $ 2 0 , 0 0 0 , 0 0 0 i n i n v e s t m e n t s . Loans on s t o c k s and bonds went up $ 2 7 , 0 0 0 , 0 0 0 , t h e l a r g e r i n c r e a s e of $ 3 ^ , 0 0 0 , 0 0 0 i n t h e New York 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 d e c l i n e of $ 1 0 , 0 0 0 , 0 0 0 i n t h e Chicago d i s t r i c t . "All o t h e r , " l a r g e l y commercial, l o a n s and d i s c o u n t s i n c r e a s e d $ 5 8 , 0 0 0 , 0 0 0 , of which $48,000,000 was r e p o r t e d by banks i n t h e New York district. I n v e s t m e n t s in U. S. s e c u r i t i e s and i n o t h e r bonds, s t o c k s and s e c u r i t i e s f e l l o f f $ 7 , 0 0 0 , 0 0 0 and $ 1 0 , 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 d i s t r i c t , only s l i g h t changes i n i n v e s t m e n t h o l d i n g s b e i n g shown f o r banks i n t h e o t h e r d i s t r i c t s . Net demand d e p o s i t s went up $ 1 6 , 0 0 0 , 0 0 0 . The p r i n c i p a l changes were i n c r e a s e s of $ 8 , 0 0 0 , 0 0 0 i n t h e P h i l a d - e l p h i a d i s t r i c t , $ 6 , 0 0 0 , 0 0 0 each i n t h e New York and A t l a n t a d i s t r i c t s , and $ 5 , 0 0 0 , 0 0 0 i n t h e Kansas C i t y d i s t r i c t , and r e d u c t i o n s of $ 8 , 0 0 0 , 0 0 0 and $ 6 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , i n t h e Cleveland, and San F r a n c i s c o d i s t r i c t s Borrowings f r o m t h e F e d e r a l r e s e r v e banks were i n c r e a s e d $ 7 2 , 0 0 0 , 0 0 0 in t h e Niew York d i s t r i c t and $ 1 6 , 0 0 0 , 0 0 0 i n t h e Boston d i s t r i c t , and. were reduced $12,000,000 i n t h e Chicago d i s t r i c t . A summary of changes 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 mentoers d u r i n g t h e week and t h e y e a r e n d i n g August 5> 1925, 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 s t o c k s and. bonds All o t h e r . during Year $92,000,000 7,000,000 27,000,000 + 58,000,000 + + + $961,000,000 22,000,000 843,000,000 140,000,000 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 Other b o n d s , s t o c k s end s e c u r i t i e s . . - 23,000,000 2,000,000 5,000,000 1,000,000 15,000,000 + + + 501,000,000 386,000,000 231,000,000 2,000,000 3^8,000,000 Reserve b a l a n c e s w i t h F. R. Banks . . . Cash i n v a u l t + - 59,000,000 2,000,000 + - 69,000,000 5,000,000 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 . . + + - 16,000,000 4,000,000 1,000,000 + + - 543>000,000 655,000,000 25,000,000 T o t a l accommodation a t F. R. Banks + 78,000,000 + 275,000,000 . . + 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 , August 14, 1925-> n o t e a r l i e r . S t . 4617a PRINCIPAL RESOURCES AND LIABILITIES OF REPORTING MEMBER BANKS IN LEADING 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 banks All r e p o r t i n g member banks R e p o r t i n g member banks i n i n New York C i t y Chicago Aug. 5 J u l y 29 Aug. 6 Aug. 5 J u l y 29 Aug. "IT AU'.:, J u l y 29 Aug. 6" 1925 1925 1924 1925 1925 1924 1925 1925 1924 Number of r e p o r t i n g banks - - - - - - - - 728 730 747 61 62 67 46 46 48 Loans and d i s c o u n t s , g r o s s : Secured by U. S- Government o b l i g a t i o n s 165,351 158,943 187,56% 51,215 43,626 68,310 21,482 24,680 22,535 Secured by s t o c k s and bonds - - - - - - 5,062,428 5,035,326 4,239,10912,004,595 1,978^061 1 , 7 2 3 . c m 581,330 595,008 424,075 A l l o t h e r l o a n s and d i s c o u n t s - - - - - 8 , 0 8 1 , 0 5 4 8 , 0 2 2 , 2 8 1 7 ! 9 4 l ; 0 0 o j 2 , 1 6 9 / 7 0 5 2.3 ?..5,39? 2 , 3 0 5 , 6 6 6 6/6,229 671,230 701,088 T o t a l l o a n s and d i s c o u n t s 13,308,833 13,217,15012,347,633 4 , 2 2 5 , 5 1 5 4 , 1 4 5 , 0 8 4 4 , 0 9 7 , 0 2 9 1 , 2 7 9 , 0 4 1 1 , 2 8 8 , 7 7 3 1 , 2 0 9 , 8 4 3 Investments: U. 8 . P r e - w a r bonds - - - - - - - - - - - 219,611 218,711 276,063 29,098 29,000 40,477 1,953 4,137 1,933 U* S. l i b e r t y bonds - - - - - - - - - - - 1,382 ; ;849 1 , 3 8 9 , 6 8 9 1 , 3 1 4 , 9 8 5 506,621 508,077 89,240 536 , 259 90,248 70,046 17. S. T r e a s u r y bonds - - - - - - - - - - 439,046 434,839 64,719 180,841 181,035 10,542 23,803 25,116 3,779 U. S. T r e a s u r y not es 400,744 406,075 632,044 179,953 185,231 302,581 56,245 5 7 , 9 1 7 8 6,124 U. S. T r e a s u r y c e r t i f i c a t e s - - - - - - - 105,253 106,072 107-5 514 38,374 39,164. 49,783 3,2f)6 6,017 3 , 8 3 5 O t h e r bonds, s t o c k s and s e c u r i t i e s - - - 2,935,472 2,950,624 2,587,077 852,359 865,019 769,824 191,315 195,991 178,823 Total investments ' 5,482,975 5,506,060 4,982,402 1,727,245 l , 8 0 7 , 5 2 6 1,709,466 367,414 373,368 348,926 T o t a l l o a n s and i n v e s t m e n t s 1 8 , 7 9 1 , 8 0 8 1 8 , 7 2 3 , 2 1 0 1 7 , 3 3 0 , 0 8 5 6,012,761 5,952,610 5,806,495 1 , 6 4 6 , 4 5 5 1 , 6 6 2 , 1 4 1 1 , 5 5 8 , 7 6 9 Reserve b a l a n c e s w i t h F. R. Banks 1,664,6 8 2 1,605,774 1,595,284 706,525 673,374 712,470 180,310 167,126 172,672 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 - - - - - - - - - - - - B i l l s p a y a b l e and red is* w i t h JF. R. Banks • Secured by U« S« Government o b l i g a t i o n s - All other - - - - - - - - - - - - - - - - T o t a l borrowings f r o m E. R . Banks 271,138 273,039 275,917 62,215 61,646 63,920 24,172 23,311 27,980 1 2 , 8 3 3 , 9 6 5 * 1 2 , 8 1 8 , 1 2 1 32,290,559 5 , 0 2 5 , 6 9 2 5 , 0 2 8 , 0 8 4 5 , 0 5 7 , 2 9 0 1 , 1 8 2 , 6 8 6 1 , 1 7 7 , 9 1 8 1 , 1 4 8 , 1 0 9 5,177,921 5,174,141 4,523,041 774,561 776,984 711,771 470,820 473,742 393,254 71,049 71,760 96,151 8,579 16,546 8,579 7,843 7,843 6,324 230,722 106,744 171,640 337,466 259,871 88,231 23,206 38,766 111,450 16,494 42,275 15,453 2,775 4,150 3,516 1,514 10,896 622 308 6l,972| 127,944 57,728 6,925 J 5,030 11,518 387 ^Revised, f i g u r e s . 79 t . e l e a s ^ 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 , August l 4 , 1925; n o t e a r l i e r . St, 4617b PRINCIPAL RESOURCES AND LIABILITIES OF ALL REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS, AUGUST 5, 1925. — ( 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 Boston New York Fhila. CIeve. R i c h . A t l a n t a Chicago S t . L o u i s Minn. Kans. Cy. San F r a n . Total Number of r e p o r t i n g banks 42 102 25 71 67 Loans and d i s c o u n t s , g r o s s : Secured by U . S . G o v t , o b l i g . 10,558 55,841 11,555 18,636 5,540 7,533 2,334 3,583 28,659 8,803 3,107 9,202 165,351 Secured by s t o c k s & bonds 331,055 2,251,565 318,573 49^,557 128,759 92,742 770,455 167,142 68,522 120,062 76,965 242,028 5,062,428 A l l o t h e r l o a n s & d i s c o u n t s 643,576 2,483,324 389,070 T o t a l l o a n s md d i s c o u n t s Investments: U. S. P r e - w a r bonds U. S. L i b e r t y bonds U. S. T r e a s u r y 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 Other bonds, s t o c k s and securities 985,189 4,790,733 9,84o 80,963 20,535 4,541 4,874 39,859 605,551 195,163 191,834 4i,065 9,714 51,013 17,995 8,202 6,538 211,305 l , l 4 o , i 4 o 259,876 Total investments 332,058 Total loans and investments 1,317,247 Reserve b a l a n c e s w i t h F.R.Bk. 97,824 Cash i n v a u l t 19,424 Net demand d e p o s i t s 896,652 Time d e p o s i t s 373,020 Government d e p o s i t s 5,619 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: Secured by U.S.Govt, o b l i g All other Due t o banks Due from banks 753,707 360,793 374,676 1,208,177 308,995 156*881 332^314 207)319 854,222 8,081,054 719,198 1,266,900 503,092 474,951 2,007,291 484,940 227,737 455,959 287,391 1,105,452 13,308,833 3,994 22,446 31,790 25,563 174,205 35,808 33,257 5,856 40,980 995 11,093 1,982 14,875 12,841 5,645 2,400 2,147 17,591 12,707 173,162 22,775 59,110 11,525 6,520 73,996 7,688 528 6,811 9,337 25,626 48,691 12,277 17,216 19,410 17,620 2,581 3,840 17,611 17,303 7,182 8,747 3,579 23,913 134,911 53,285 25,499 19,338 350,583 46,450 422,575 i l l , 2 7 1 42,928 20,759 191,878 2,935,472 448,824 5,482,975 62,222 2,213,612 353,338 641,908 132,426 7,004,345 1,072,536 1,908,808 635,518 763,709 81,094 121,868 40,947 77,121 -re 1 1 .30,377 13,726 5,583,441 761,515 1,014,059 358,334 1,159,360 179,284 757,264 202 j445 10,932 6,212 13,131 2,520 137,549 20,043 7,498 9,150 23,328 10,543 5,788 11,925 75,435 84,358 754,122 165,326 109,633 1 72,189 ' 75,181 559,309 2,761,413 650,266 337,370 628,148 362,572 1,554,276 18,791,808 44,223 255,631 46,073 24,431 54,378 28,763 105,741 l,664,682 11,786 50,127 7,033 5,842 11,901 9,395 20,859 271,138 334,334 1,767,687 385,471 219,984 507,379 251,279 753,230 12,833,965 202,312 976,380 208,852 99,261 140,077 96,829 782,237 5,177,921 5,278 15,164 1,811 1,275 674 2,904 5,529 71,049 1,903 6,391 19,614 7,195 4,799 6,045 3,000 354 893 709 372 1,983 BANKERS' BALANCES OF REPORTING MEMBER BANKS IN FEDERAL RESERVE BANK CITIES 129,662 1,056,920 39,301 100,226 173,224 58,665 53,786 24,495 29,623 14,758 219,611 1,382,849 439,046 400,744 105,253 21,191 13,467 380,105 163,21s 85,739 27,961 49,130 112,754 21,922 45,002 26,143 21,404 21,984 9,960 230,722 106,744 99,811 46,882 2,218,088 577,301
@FedFRASER