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STATEMENT FOB THE PBESS S t . 4611 F e d e r a l R e s e r v e Board, August. 6, 1925• Beleased 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 , Au?. 7J not e a r l i e r . CONDITION" OF MEMBER BANKS IN LEADING CITIES Changes i n t h e c o n d i t i o n of 730 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 d u r ing t h e week e n d i n g J u l y 29, as 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 d e c r e a s e s of $ 2 3 , 0 0 0 , 0 0 0 i n l o a n s and d i s c o u n t s and of $ 1 8 , 0 0 0 , 0 0 0 i n n e t demand d e p o s i t s , and i n c r e a s e s of $ 1 0 , 0 0 0 , 0 0 0 i n t i m e d e p o s i t s and of $ 1 7 , 0 0 0 , 0 0 0 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 banks, T h e New York C i t y memb e r s r e p o r t e d d e c r e a s e s of $ 2 7 , 0 0 0 , 0 0 0 and $ 1 5 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , i n l o a n s and d i s c o u n t s and 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, and an i n c r e a s e of $ 2 9 , 0 0 0 , 0 0 0 in n e t demand d e p o s i t s . Loans on U. S. s e c u r i t i e s d e c l i n e d by $ 1 2 , 0 0 0 , 0 0 0 , p r i n c i p a l l y i n t h e New York and Richmond d i s t r i c t s . Loans on 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 changed b u t l i t t l e in t h e a g g r e g a t e , a l t h o u g h a d e c r e a s e of $ 1 1 , 0 0 0 , 0 0 0 o c c u r r e d 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 and i n c r e a s e s of $ 7 , 0 0 0 , 0 0 0 each i n t h e B o s t o n and C l e v e l a n d 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 , l a r g e l y c o m m e r c i a l , went down $ 1 5 , 0 0 0 , 0 0 0 , t h e more i m p o r t a n t c h a n g e s b e i n g d e c r e a s e s of $ 2 2 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t , $ 2 , 0 0 0 , 0 0 0 i n t h e Boston d i s t r i c t and $ 6 , 0 0 0 , 0 0 0 i n t h e Chicago d i s t r i c t , and i n c r e a s e s of $ 1 0 , 0 0 0 , 0 0 0 and $ 7 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , i n t h e P h i l a d e l p h i a and St, Louis d i s t r i c t s . I n v e s t m e n t s o f r e p o r t i n g banks i n 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 show b u t s l i g h t change f r o m t h e f i g u r e s r e p o r t e d f o r t h e p r e v i o u s week. Net demand d e p o s i t s f e l l o f f $ 1 8 , 0 0 0 , 0 0 0 , d e c l i n e s of $ 1 4 , 0 0 0 , 0 0 0 i n t h e Kans a s C i t y d i s t r i c t , $ 1 1 , 0 0 0 , 0 0 0 in t h e San F r a n c i s c o d i s t r i c t , $ 1 0 , 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 , and of $ 8 , 0 0 0 , 0 0 0 and $ 7 , 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 B o s t o n d i s t r i c t s , b e i n g o f f s e t in p a r t by a n i n c r e a s e of $ 2 4 , 0 0 0 , 0 0 0 in t h e New York d i s t r i c t and of $7*000,000 i n t h e S t . L o u i s d i s t r i c t . Borrowings f r o m t h e F e d e r a l r e s e r v e banks went up $ 1 3 , 0 0 0 , 0 0 0 i n t h e Chicago d i s t r i c t and $ 8 , 0 0 0 , 0 0 0 and $ 7 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , i n t h e P h i l a d e l p h i a and Cleveland d i s t r i c t s , arr* d e c l i n e d $ 1 2 , 0 0 0 , 0 0 0 i n t h e New York 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 J u l y 29, 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. Gov* t . 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 . . . . , • 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 R e s e r v e b a l a n c e s w i t h F. R. Banks Cash i n v a u l t - + 4,000,000 15,000,000 1,000,000 2,000,000 + 1,000,000 2,000,000 4- 2,000,000 - «w — • - 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 . . . . . . . . + T o t a l accommodation at F. R, Banks . + $23,000,000 12,000,000 - during Year + - $953,000,000 30,000,000 + + 794,00 0,000 139,000,000 + + 519,000,000 407,000,000 239,000,000 - 14,000,000 + 365,000,000 12,000,000 * 2,000,000 + 15,000,000 12,000,000 18,000,000 10,000,000 + + 4,000,000 17,000,000 - 532,000,000 - 632,000,000 24,000,000 + 187,000,000 hexease* f o r pmMlcation„ErMa t y.: a f t emonn,..August 7, 1925 J not e a r l i e r . , S t . 4611a PRINCIPAL RESOURCES AM) LIABILITIES OF REPORTING MEMBER BANKS IN LEADING- CITIES All rep<Drting member banks Number of r e p o r t i n g banks - - - - - - - - - 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 - Secured by s t o c k s and bonds - - - - - - - A l l o t h a r loans and d i s c o u n t s - - - - - - Investments: Total l o a n s and discounts — S. Treasury notes - - - - - - - - 158,943 5,Oi>5,326 8,022,881 - 13,217,150 U. S. Pre-war bonds - - - — — - — - U. S. L i b e r t y bonds - - - - - - - - - - - U. S. Treasury bonds - - - - - - - - - - U. J u l y 29 1925 730 - 406,075 404,646 108,496 2,948,134 Total borrowings from F. R. Banks - - - - 5,l74,l4l 71,760 J u l y 30 1924 747 Reporting member banks i n Chicago July 29 J u l y 22 1 J u l y 30 1925 1925 I 1924 46 46 48 170,616 189,628 43,626 48,558 67,975 21,895 22,535 26,773 5,031,726 4,241,131 1,978,061 1,976,724 1,764,487 595,008 588,760 476,095 8,038,085 7,834,186 2,123,397 2,147,100 2,203,750 671,230 677,114 695,158 13,240,427 12,264,945 4,145,084 4,172,382 4,036,212 1,288,773 1,287,769 1,198,026 222,335 1,383,294 Total loans and investments - - - - - 18,723,210 Reserve b a l a n c e s w i t h F. R. Banks — — 1,605,774 Cash i n v a u l t - - - - - - - - - - - - - — 273,039 Net demand d e p o s i t s — — - 12,814,844 _ _ _ _ _ _ _ _ - - - - - - - F. R. Banks: obligations — 730 218,711 1,389,689 434,889 U. S. Treasury c e r t i f i c a t e s - - - - - - - 106,072 Other bonds, s t o c k s and s e c u r i t i e s - - - - 2,950,624 Total investments - - - - - - - — - - - 5,506,060 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 i s . with Secured by U. S. Government All o t h e r — — —— _ _ _ _ J u l y 22 1925 Reporting member banks i n New York City J u l y 29 J u l y 22 J u l y 30 1925 1925 1924 62 62 67 440,090 5,506,995 29,000 271,327 40,219 28,999 1,300,438 508,077 509,596 536,166 64,779 181,035 182,246 11,869 645,074 185,231 181,713 309,405 120,467 39,164 39,738 55,359 2,584,985 865,019 864,426 767,205 4,987,070 1,807,526 1,806,718 1,720,223 1,933 90,248 25,116 56,245 3,835 195,991 373,368 1,934 88,361 26,354 57,880 3,888 4,138 69,037 3,691 85,282 196,974 6,096 180,882 375,391 349,126 18,747,422 17,252,015 5,952,610 5,979,100 5,756,435 1,662,141 1,663,160 1,547,152 1,617,713 1,590,684 684,019 673,374 710,474 167,126 164,696 164,692 274,832 284,753 6 l , 646 61,627 73,001 24,538 23,311 27,895 12,833,091 12,232,751 5,028,084 4 , 9 9 9 , 4 2 3 5,016,424 1,177,918 1,172,214 1,132,651 5,163,713 4,491,956 77 6,9 84 780,595 468,438 473,742 699,913 391,982 75,567 95,911 8,579 16,546 . 9,035 6,084 7,843 8,258 171,640 88,231 155,642 87,687 29,361 43,026 42,275 15,453 56,110 259,871 243,329 72,387 57,728 73,350 17,240 2,325 3,389 5,714 10,896 622 3,04l 1,409 250 101 11,518 4,450 351 eleaaed f 0 r P u b l i c a t i o n Friday a f t e r n o o n , Augu=t 7, 1925; not e a r l i e r . S t . 4611b OP AH, REPORTING M3MBER BANKS I , EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OP BUSINESS Un thousands of d o l l a r s ) ' JULY 33, 1925. New York P h i l a . CIeve. Rich. A t l a n t a Chicago S t . Louis Minn. Kans.Cy. D a l l a s San Fran. Total 103 55 75 73 36 100 33 25 71 49 68 730 48,578 2,217,575 8,974 158,943 2,435,327 246,590 5,035,326 856,018 8,022,881 984,026 4,701,480 713,267 1,261,040 498,947 472,503 2,017,837 486,748 228,313 453,154 288,253 1,111,522 13,217,150 9,840 39,736 9,538 31,785 25,538 14,880 17,590 12,707 6,811 80,416 9,055 17,137 24,094 606,209 218,711 51,172 173,728 35,124 12,864 175,182 22,579 25,359 53,088 17,582 20,333 136,386 195,358 18,002 1,389 , 689 33,124 5,874 5,675 60,465 11,478 12,097 12,616 5,694 197,113 7,092 52,775 8,491 4 3 4 ,889 42,642 985 2,342 72,128 6,519 19,410 17,477 4,864 7,212 26,062 41,855 406,075 6,549 11,448 3,132 2,180 8,307 526 2,581 3,663 3,111 17,856 106,072 2PS.469 1,150.523 260,082 351,166 62.257 45,97s K26.681 111,924 42,581 76,627 193,683 2,950,624 329,616 2,230,794 353,834 643,893 132,910 83,919 760,353 165,733 108,839 172,526 450,856 5,506,060 PRINCIPAL RESOURCES Am LIABILITIES " Federal Beserve D i s t r i c t Boston Number of r e p o r t i n g banks 42 Loans and d i s c o u n t s , g r o s s : Secured by U.S.Govt, o b l i g . 10,485 Secured ty s t o c k s & bonds 326,689 All o t h e r loans A d i s c o u n t s 646,852 Total l o a n s and d i s c o u n t s Investments: U. S. Pre-war bonds U. S. L i b e r t y bonds U. S. Treasury bonds U. S. Treasury notes 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 Total investments ill 1:1 ai s i J;| sal i l iReserve Z L y % b a l% a n c%e st w r irt hr F.B.Bk. ' j ' ^ i 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 r e d i s c o u n t s with F. R. Bank: Secured by U.S.Govt, o b l i g . All e t h e r ' 96,451 4 5 i 6 i 734,363 ™ 19,774 76,513 898,8 26 5,577,389 373,407 1,161,289 Due to banks Dpe from banks 123,571 1,005,781 36,445 111,280 5,620 10,932 3,050 7,175 66,130 19,230 js 337,152 6 2 5 , m 361,040 1,562,43s 18,723,210 i - i l i I i l l I if I il'ig tfS t : : ! : £ BANKMS' BALANCES OF REPORTING MMBER BANK'S IN FEDERAL RESERVE R M niTTTTR M Ig§f as « as 103,521 1,605,774 21,820 273,039 759,852 12,814,844 779,552 5,174,141 5,529 71,760 a , 119 8,303 92,979 46,308 171,640 88,231 2,123,890 569,933
@FedFRASER