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STfi?W."FT FOR Ti.n- ppijjg St.5591 Federal Reserve Bon I'd, December 5, 1927 :- 'For immediate r e l e a s e CONDITION OF MMRNM E » S H LEADING C I T I E S -t-h® Federal Rsserve Board's cor0.1t1 on statement of 659 r e p o r t i n g member i?anks in leading c i t i e s as ot November _;0 snows increases f o r the week of $84,000i000 in loans and discomits, $16,000,000 in investments,! 227,000,000 in net demand deposits and $56,000,000 in borrowings from the Federal reserve banks 9-nd a decline of $100,000,000 in Government deposits. . c ^oa.ns on stocks and bonds, including U„ S. Government s e c u r i t i e s , were $76,000,000 above the November 2] t o t a l , the p r i n c i p a l changes including i n creases of $115,000,000 in t h e Mew York d i s t r i c t and $11,000,000 in the P h i l a delphia d i s t r i c t and a reduction of $39:000.000 in the Chicago d i s t r i c t . "All other" loans ^ n d discounts increased $5., 000,000 during the week, only r e l a t i v e l y small changes being reported by banks in any of the Federal reserve d i s t r i c t s . " Holdings of TJ. S. s e c u r i t i e s declined $5,000,000 a t banks in the Boston d i s t r i c t and increased $8,000,000 a t banks in tho Chicago d i s t r i c t and $3,000,000 a t a l l r e p o r t i n g banks. Holdings of other bonds, stocks and s e c u r i t i e s i n creased $13,000,000, of which $12,000,000 was in tho Now York d i s t r i c t . Net demand deposits wore $227,000,000 above the "previous crook's f i g u r e , increases of $169,000,000 being reported by banks in the Mow York d i s t r i c t , $16,000,000 in the San Francisco d i s t r i c t and $12,000,000 each in the Boston and Philadelphia d i s t r i c t s . Government deposits were $100,000,000 l e s s than a week ago, banks in e l l d i s t r i c t s reporting reductions in t h i s item. Borrowings from the Federal reserve banks increased $56,000,000, of which $34,000,000 was in the New York d i s t r i c t and $9,000,000 in the Chicago d i s t r i c t . A summary^of 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 659 r e p o r t i n g member banks, together with changes during the we ok and the year ending November 70 1927, follows: ' (in thousands of d o l l a r s ) Loans and investments - t o t a l Loans and discounts - 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 other loans and discounts November 30 Increase or decrease during 1927 Week Year 21,543.507 -+•1,645,622 99,890 15,2l4,Qioio + 33,571 838,582 121,706 + 6,325 21,380 6,285,995 + *69,560 863,635 8,806,365 + *7,686 3,673 Investments - t o t a l 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 3,538,277 Reserve with F. R. banks Cash in vault 1,760,231 276,835 839 3,502 13,95^,164 6,472,701 226,668 Net demand deposits Time deposits Government deposits Due from "banks Due to banks Borrowings from F. R. banks - t o t a l Secured by U.S. Govt, obligations All other W. •November 23 f i g u r e s revised. 6,329,44I 2,791,16? + + 16,319 2,927 13,392 11,133 *4,80.2 99,540 1,259,964 3,763,29S 166,509 330,525 56,444 265,501 + 53,161 4- 3 , 2 8 3 65,024 + + 808,04Q 394,300 413,740 82,597 12,159 910,770 686,204 62,949 811 + - 115.001 4,782 119,783 For immediate r ele a s e Federal Reserve Board, December 1, 1927. , CONDITION OF WEEKLY REPORTING MEMBER BAMS IN CENTRAL RESERVE CITIES (In thousands of d o l l a r s ) NEW YORK - 5 2 BANKS Loans and investments - t o t a l Loans and discounts - t o t a l Secured by U.S.Government 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. 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 Reserve with F. R. Bank Cash i n vault Net demand deposits Time deposits Government deposits Due from banks Due to "banks Borrowings from F. R. Bank - t b t a l Secured by U.S.Government o b l i g a t i o n s All other "Nov. 30 1927 7,113 ,218 Nov. 23 1927 6,980,798 Dec. 1 1926 6 , 279,^66 5,108,290 37,985 44,459 2,499,022 2,394,992 2,680,972 2,675,313 1,888;735 1,872,508 969,337 970,963 902,671 917,772 776,674 754,737 66,833 59,961 5,613,653 5,452,294 1,063,386 1,068,821 2,6^8 26,113 97,488 101,688 l,437,Ob9 1,256,384 68,130 97J9JL. 66,175 93,375 3,824 1,955 4,545,088 45,512 1,915,545 2,584,031 1,734,373 880,832 353,546 724,586 60,672 5,085,327 900,126 19,682 105,224 1,065,643 Loans to brokers 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 others 1,276.84i 1,270.(32 963,976 1,188,881 1,292,578 999,827 3,481,286 2,666,067 815,219 883,047 1,026,355 737,251 2,646,653 1,960,274 686,379 1,760,525 Total 3,510,849 2,695,805 815,044 On demand On time CHICAGO - 45 BANKS Loans and investments - t o t a l 1,864,447 Loans and discounts - t o t a l 1,436,464 1,885,534 1,466,171 13,703 746,988 675,773 12,913 784,862 608,396 427,983 202,676 225,307 188,660 21,496 1,283,995 565,201 949 * l4s,496 365,765 419,363 Secured by U.S.Government 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. 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 Reserve with F. R. Bank Cash i n vault Net demand deposits Time d e p o s i t s Government deposits Due from banks Due to banks 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 All other C. . iL.121 12,615 3,582 95,795 54,800 40,995 1,393,895 14,347 665,123 719,425 361,630 157,228 204,402 175,021 20,706 195,345 223,518 171,027 19.190 1,281,385 564,806 9,526 148,310 371,248 1,215,079 515,972 5,397 163,574 341,286 9,866 32,682 7,949 1,917 26,664 6,018 (St. 5591a) For immediate r e le a s e St. 5591^ PR1HCIPAL HE SOURCES AND LIABILITIES OP ALL REPORTING ME?£BER BAMS IK EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSIBESS,NOVEMBER 30,1927( i n thousands of d o l l a r s ) 1 Federal Reserve D i s t r i c t Total Boston Hew York Phila. Cleve. 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 21.543.507 1.511.756 8.264.81R 1.219.721 2.094.630 700.309 621.781 3.050,054 729.591 191.937 637.133 437,967 1,863,793 ' Loans and d i s c o u n t s - t o t a l I 5 . 2 l 4 . 0 6 6 1.044.662 5.922.779 800.497 1.178.3^1 530.163 496.l6l 2.218.744 524,878 263.609 419.266 338,087 1,27.6,879 6,078 46,310 372,185 2,836,383 666,399 3,04-0,086 7,l47 410,322 383,028 15,443 4,647 5,090 18,457 4,6ll 2,331 3,804 2,750 593,127 l 6 l , 3 8 9 113,266 959,825 210,623 90,827 120,225 82,937 769,771 364,127 377,805 1,240,462 309,644 170,451 295,237 252,400 5,038 334,886 930,955 6,329,44]. ^ 7 , 0 9 4 2,3 k 2,Q56 4l9 , 224 71.6 , 289 170,l46 1 25,620 831,310 204,713 1 28,328 217,867 99,880 586,0l4 U.S. .Govt, s e c u r i t i e s 2,79'l.l64 other bonds,stks.S: secur. 3,538,277 178,359 1,065,201 308,235 1,276,855 107,702 311,522 318,986 397,303 74,323 95,823 61,279 64,34l 353,281 77,789 478,029 126,924 68,434 102,4o6 59,894 115,461 68,465 31,415 314,439 272,475 86,358 17,910 132,647 32,674 41,585 l4,i66 39,624 11,729 260,252 49,366 48,261 8,313 28,950 5,880 33,857 9,437 112,132 22,920 Secured by US Govt o b l i g . 121,706 Swcured by stocks & bonds 6,285,995 Ail other loans & d i s c t s 8,806,365 Investments - t o t a l Reserve v;ith P.R.Bank Cash in vault ,-1 o 3its .... Time deposits Governrcenc deposits 1,760,231 276,835 103,204 19,096 816,333 73,864 55,423 12,585 IT,954,164 6,4/2,701 11,133 967,684 6,205,991 494,538 1,574,075 1,300 2,879 794,090 1,078,281 403,582 334,297 1,858,993 433,958 248,825 493,131 305,618 295,081 894,167 244,510 245,029 1,136,046 239,195 134,085 i o i , l 4 s 113,4-57 974 875 244 681 1,496 221 99 1°5 ^8 829,714 941,370 1,691 1,259,964 3,763,298 64,542 l44,596 165,150 1,505,683 68,205 182,030 174,992 251,082 Due from banks Due to banks 111,142 64,865 84,417 269,225 138,396 127,937 233,155 5 7 , 5 ^ 5 57,888 129,113 69,504 506,928 156,803 104,829 222,907 131,728 Borrowings from FR B k - t o t a l 330.525 23,88 2 118,991 17.9 7 3 28.725 10.077 26.084 40,399 9 ,922 1,000 —11,832 5,877 35<713 Secured by us Govt o b l i g . All other 265,501 65,024 11,725 12,157 113,777 5.214 11,485 6 , 488 25,412 3,313 6,825 3,252 10,619 15,^5 32,375 8,024 6,570 3,352 1,000 - 8,316 3,506 2,337 3,540 35,060 bj3 659 36 86 48 71 66 33 97 31 24 09 45 ol Number of r e p o r t i n g banks
@FedFRASER