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C ^ i T T D i r a F'Qi "Evg i w : s . A - o r immediate r e l e a s e cohditioh > St., ~5:5 Federal .Reserve Beard, December 27, 1927. o?r B v M s IK l i u d i h g c i t i e s The ..ederal r e s e r v e .ooaxd's condition statement of 658 r e p o r t i n g member "banks in leading c i t i e s as of December 21 shows an i n c r e a s e of $5],000,000 i n loans and discounts, oi ^05,000,0u0 i n investments, of $185,000,000 i n Government d e p o s i t s , •,-•32,000,000 i n time d e p o s i t s , and ^79.000,000 in bor^owin^s from Federal reserve "banks, and a decline of $192,000,000 i n net demand d e p o s i t s . , ri Loans on stocks and "bonds, including TJ. S. Government o b l i g a t i o n s , were yo2,000,000 above the December l 4 t o t a l at a l l r e p o r t i n g "banks, an i n c r e a s e of ^ 1 , 0 0 0 , 0 0 0 at "banks i n the Hew York d i s t r i c t "being p a r t l y o f f s e t by decreases i n most OJ. tne other d i s t r i c t s , p r i n c i p a l l y Chicago, where the d e c l i n e amounted to ^27,000,000. "All o t h e r " l o a n s and discounts were $19 ,000,000 l e s s than the t o t a l reported a week ago, the p r i n c i p a l decreases "being $3,000,000 and $7,000,'000, r e spectively , i n the P h i l a d e l p h i a and Cleveland d i s t r i c t s . Larger no 1 dings of United S t a t e s Government s e c u r i t i e s were r e p o r t e d "by banks i n a l l d i s t r i c t s except Boston, f o r which a decline of $5,000,000 i s shown, the. p r i n c i p a l i n c r e a s e s b e i n g $14,000,000 i n the San Francisco d i s t r i c t , $11,000,000 i n the P h i l a d e l p h i a d i s t r i c t , $10,000,000 i n the Cleveland d i s t r i c t , and $6,000,000 each i n the A t l a n t a and Dallas d i s t r i c t s . Declines i n not demand d e p o s i t s , aggregating $192,000,000, are shown f o r a l l d i s t r i c t s , tne p r i n c i p a l decreases by d i s t r i c t s being: P h i l a d e l p h i a and Chicago $29,000,000 each, Cleveland $28,000,000, Boston and St. Louis $19,000,000 each, and Jew ioriv >16,000,000. Time d e p o s i t s i n c r e a s e d $22,000,000 at r e p o r t i n g member banks i n the Hew York d i s t r i c t , $10,000,000 i n the Chicago d i s t r i c t , and $6,000,000 i n the St. Louis d i s t r i c t , and declined $7,000,000 a t r e p o r t i n g b a n k s . i n the Cleveland d i s t r i c t . Government d e p o s i t s were $185,000,000 above the t o t a l r e p o r t e d a week ago, i n c r e a s e s being r e p o r t e d f o r a l l Federal reserve d i s t r i c t s . Tne p r i n c i p a l changes i n Borrowings from Federal reserve banks comprise i n c r e a s e s of $b3,000,000 i n the Hew York d i s t r i c t and $18,000,000 i n the Cleveland d i s t r i c t , and a decline of $13,000,000 i n the Chicago d i s t r i c t . A summary of tne 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 658 r e p o r t i n g member banics, t o g e t h e r with cnanges during the week and the' year ending December 21, 1927, f o l l o w s : ( i n thousands of d o l l a r s ) December 21 Loans and investments - t o t a l 21,737,659 I n c r e a s e or decrease during Week Year + 1,733,717 4- 128,400* Loans and d i s c o u n t s - t o t a l 15,356,960 + 63,075* + 128,785 5 , 493,026 3,735,149 5,430,699 2,868,416 3,562,283 1,779,706 339,760 + + 3,939 78,472 19,336* + + Secured by U.S. Govt, o b l i g a t i o n s Secured by stocks and bonds All other loans and discounts Investments - t o t a l U. S. Other Reserve Cash i n Government s e c u r i t i e s bonds,stocks and s e c u r i t i e s with F. 3. Banks vault Het 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 banlcs Due to banlcs Borrowings from F. H. banlcs - t o t a l Secured by U.S.Govt, o b l i g a t i o n s All other 13,339,523 6,503,971 191,770 1,201,309 3,528,859 432,061 313,079 118,982 - 4- 65,325 + + - + 54,305 11,020 6,373* 24,959 191,552 32,480* 4* 185,070 — + • + 4* 873,183 13,680 880,058 6,795 860,534 - 502,304 353,230 123,035 23,491 + + + 870,223 669,724 28,405 + + • 35,923 55,396 4-• 78,753 + 42,725 + 36,028. - - 72,367 8,458 63,909 * December l 4 f i g u r e s r e v i s e d . Monday, January 2, being a h o l i d a y , the statement f o r December 28 w i l l be issued on Tuesday, January 3. C. Federal Be s e r v e . Boarc December 22, 1927. For immediate r e l e a s e CONDITION 0? WEEKLY BEPOBTING MSMBER SAMCS 1ST CENTRAL HESERVE CITIES ( i n thousands of d o l l a r s ) JEW YOBIC - R? BATjys Loans and investments - t o t a l 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 discounts Investments - t o t a l Reserve with F. B. Bank Cash i n v a u l t Dae from banks Due t o ba.nks Borrowings from F. B. Bank - t o t a l Secured by U.S.Government o b l i g a t i o n s All o t h e r Loans to b r o k e r s and d e a l e r s (secured by stocks and bonds): For own account For account of out—of—town banks For account of o t h e r s Total Secured by U.S.Government o b l i g a t i o n s Secured by stocks and bonds All other l o a n s and discounts Investments - t o t a l U. S, Other Be serve Cash i n Government s e c u r i t i e s bonds, stocks and s e c u r i t i e s with F. E. Bank vault Met 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 Borrowings from F. B. Bank - t o t a l Secured by U.S.Government o b l i g a t i o n s All other 5,258.221 44-, 644 2,597,315 2,616,262 5,152,364 4,592,24? 777,375 85,103 yet 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 CHICAGO- 44 BASKS Loans and investments - t o t a l Loans and d i s c o u n t s - t o t a l Dec. l 4 Dec. 22 192I_ 1926 1,050:001 6,314,20; ^1,319 45,120 2,496,820 2,021,018 2,614,225 2,526,109 l , 9 0 2 , 6 7 7 . 1.397,643 1,721,955 992,088 994.134 857,185 908,493 864,770 . 905,555 U. S. Government s e c u r i t i e s Other bonds, stocks and s e c u r i t i e s On demand On time Dee . 21 1927 7,l6o,gqg 1 to- 756,618 74,201 702,992 85,113 5,578,195 1,042,459 56,841 5,596,212 5,060,338 1,021,657 899,512 1,352 45,326 106,348 1,281,513 96,915 93,412 1,291,317 1,031,911 , ,1^0,273 103,280 36,993 79,189 62,205 16,984 116,900 101,450 15,450 1,302,333 1,337,183 1,004,815 1,230,124 906,973 1,374,106 1,037,103 954,125 779,389 1,644,331 3,558,355 2,723,465 2,799,974 844,357 2,729,454 2,037,857 828,901 635,60s 1,969.210 1.476.101 1,988,987 1,848,825 1,503,541 1,439,143 13,596 777,739 634,766 15,029 804,106 684,4o6 14,733 697,767 726,648 493,109 485,446 409,677 220,204 272,905 216,738 268,708 171,483 238,194 193 , 232 24,925 187,930 22,254 170,341 30,600 1,290,373 642,504 9,629 150,083 371,689 17 of'O 15,589 2,091 1,300,132 1,215,030 631,088 584,419 474 8,562 156,412 152,350 356,091 343,717 31,514 30,025 1,489 24,987 17,575 7,412 For immediate r e l e a s e St. 5615b FBHCIPAL F5SOURCES AMD LIABILITIES Oil' ALL REPORTING MEMBER BASKS III EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSIZESS, DECEMBER 21,1927. : ( 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 ftiew York Fnila. CI eve. Rich. A t l a n t a Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Loans & i n v e s t m e n t s - t o t a l 21,787,659 1,526,030 8,332,207 1,206,605 2,112,952 103,121 633,395 3,150.122 735,490 387,19% 644,6l0 447,875 1,907,452 Loans and d i s c o u n t s - t o t a l 15.356.q6o 1.050.555 5.97=5.443 Secured by u s Govt o b i i g . 128,785 Secured by stocks & "bonds 6,493.026 All other l o a n s & d i s e t s 8,735,149 778.226 1.394.838 529.054 501.620 2.259.094 639.430 256.846 423.990 34-1.672 1.306.192 11,330 46,358 372,419 2,952,016 666,80b 2,977,069 8,005 4ii,822 358,399 15,631 3,722 5,313 18,676 4,233 2,338 3,513 4,523 615,352 163,120 116,476 l , 0 0 0 , 9 l 4 213,619 89,000 1 23,733 84,906 763,855 362,212 379,831 1,239,504 321,578 165,50s 296,744 252,243 5,l43 349,649 951,400 6,430,699 475,475 2,356,764 ^28,379 718.114 174.673 131.775 891.028 196.06p 130.348 220,620 106,203 601.260 U.S. Govt, s e c u r i t i e s 2,8o8,4i6 Other b o n d s , s t k s . & secur. 3,562,283 178,705 1,092,676 296,770 1,264,088 118,885 309,494 315,671 402,443 37,909 96,764 65,810 65,965 366,789 7 8 , 4 i 7 524,239 117,64] 68,464 104,436 6l,884 l l 6 , 1 8 4 74,119 32,084 326,535 274,725 80,433 21,536" 123,787 39,637 4i,5i8 15,986 40,859 12,465 270,770 54,931 27,804 7,346 33,350 10,312 115,217 25,791 Investments - t o t a l Reserve with F.R.Bank Cash i n v a u l t Vut 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 1,779,706 339,760 102,735 24,190 836,345 104,118 49,270 9,870 57,618 13,578 13,839,523 6,503,971 191,770 953,052 6,173,029 492,060 1,559,67% 16,845 62,752 752,995 1,051,386 391,266 342,496 1,860,423 430,393 236,657 496,325 311,420 284,516 880,572 243,145 244,058 1,209,625 240,065 135,554 161,493 114,218 l6,607 19, 2l6 6,580 10,497 l6j64 3,626 1,696 4,092 10,510 840,081 938,987 22,585 1,201,309 3,528,859 62,513 144,079 1 55,307 1,347,911 56,446 172,360 168,210 235,076 Due from banks Due to "banks 98,637 55,433 85,841 247,374 129,443 128,133 230,365 59,051 52,334 124,676 63,724 511,361 149,625 103,460 225,524 1 23,285 Borrowings from FR B k - t o t a l 432.06l 23.833 164.103 26.230 ' 62.959 20,659 22.732 48.390 15,l49 1.300 9,333 4.l6p 33,213 Secured by u s Govt o b i i g . All other 313,079 118,982 9.046 14,787 124,565 39,538 19,504 6,726 48,088 i4,S7l 5,442 15,217 11,125 11,607 38,939 9,451 13,635 1,514 1,300 - 6,395 2,938 2,930 1,230 32,110 1,103 658 36 86 43 71 66 33 96 31 24 65 45 57 Number of r e p o r t i n g banks
@FedFRASER