Full text of H.4.2 Weekly Consolidated Condition Report of Large Commercial Banks in the United States : February 20, 1925

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STATEMENT FOE THE PRESS
S t . 4435
F e d e r a l Deserve Board,
F e b r u a r y 19, 1925-

Eeleased f o r p u b l i c a t i o n
Erinay a f t e r n o o n , Feb. 20;
not e a r l i e r .

CONDITION OF MSM3HR BANKS IN LEADING CITIES
A d e c l i n e of $ 2 0 , 0 0 0 , 0 0 0 in l o a n s and i n v e s t m e n t s and of $ 2 1 , 0 0 0 , 0 0 0 i n U. S.
Government d e p o s i t s as a g a i n s t i n c r e a s e s of $ 5 3 , 0 0 0 , 0 0 0 i n n e t demand d e p o s i t s and
of $25,000,000 i n time d e p o s i t s , a r e shewn in t h e F e d e r a l Besorvo B e a r d ' s weekly
c o n s o l i d a t e d s t a t e m e n t of c o n d i t i o n on February 11 of 739 member banks i n l e a d i n g
cities.
T o t a l l o a n s and d i s c o u n t s show an i n c r e a s e of $ 1 , 0 0 0 , 0 0 0 , t h e l a r g e r i n c r e a s e
of $ 6 , 0 0 0 , 0 0 0 i n l o a n s oi\ U. S. Government s e c u r i t i e s b e i n g n e a r l y o f f s e t by d e c l i n e s of $ 3 , 0 0 0 , 0 0 0 i n l o a n s on c o r p o r a t e s e c u r i t i e s and of $ 2 , 0 0 0 , 0 0 0 i n "All
o t h e r , " l a r g e l y corrmercial, l o a n s and d i s c o u n t s . Holdings of U. S. 0ends were r e duced ty $ 2 6 , 0 0 0 , 0 0 0 , T r e a s u r y c e r t i f i c a t e s by $ 1 , 0 0 0 , 0 0 0 and c o r p o r a t e s e c u r i t i e s
by $ 2 , 0 0 0 , 0 0 0 , w h i l e h o l d i n g s of T r e a s u r y n o t e s were i n c r e a s e d by $ 3 , 0 0 0 , 0 0 0 .
Member banks i n N.w York C i t y r e p o r t an i n c r e a s e of $ 5 , 0 0 0 , 0 0 0
li. S. Government s e c u r i t i e s and r e d u c t i o n s of $ 2 9 , 0 0 0 , 0 0 0 i n l o a n s
s e c u r i t i e s and of $ 3 7 , 0 0 0 , 0 0 0 i n "All o t h e r " l o a n s and d i s c o u n t s .
of U. S. bonds were reduced by $ 2 8 , 0 0 0 , 0 0 0 w h i l e t h e i r h o l d i n g s of
were i n c r e a s e d by $ 1 0 , 0 0 0 , 0 0 0 .

i n l o a n s on
on c o r p o r a t e
Their holdings
Treasury notes

Net demand d e p o s i t s increased, by $ 5 3 , 0 0 0 , 0 0 0 , i n c r e a s e s b e i n g shown f o r a l l
F e d e r a l r e s e r v e d i s t r i c t s except New York, which shews a r e d u c t i o n of $ 2 3 , 0 0 0 , 0 0 0 .
The l a r g e s t i n c r e a s e s a r e t h e f o l l o w i n g : A t l a n t a and Chicago $ 1 5 , 0 0 0 , 0 0 0 eacn,
Boston $ 9 , 0 0 0 , 0 0 0 and Cleveland. $ 8 , 0 0 0 , 0 0 0 . Time d e p o s i t s went up $ 2 5 , 0 0 0 , 0 0 0
w h i l e n e t w i t h d r a w a l s of Government d e p o s i t s aggregated- $ 2 1 , 0 0 0 , 0 0 0 . The New York
C i t y banks r e p o r t an i n c r e a s e of $ 6 , 0 0 0 , 0 0 0 in time d e p o s i t s and a r e d u c t i o n of
$4,000,000 i n Government d e p o s i t s .
Deserve b a l a n c e s of a l l r e p o r t i n g members show a d e c l i n e of $ 4 , 0 0 0 , 0 0 0 , w h i l e
t h e i r c a s h i n v a u l t shews an i n c r e a s e of $ 1 7 , 0 0 0 , 0 0 0 . I n c r e a s e s of ^ 7 , 0 0 0 , 0 0 0
in r e s e r v e b a l a n c e s and cf $ 6 , 0 0 0 , 0 0 0 in c a s h a r e shewn by t h e New York o i t y banks.
from t h e Fed e r a l r e s e r v e bcinkB
Borrowings of a l l r e p o r t i n g i n s t i t u t i o n s / i n c r e a s e d oy $11, - 0 0 , 0 0 0 and l i k e
borrowings of t h e New York C i t y menfcers i n c r e a s e d by $ 1 3 , 0 0 0 , 0 0 0 .
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
members d u r i n g t h e week and y e a r e n d i n g February 11, 1925; f o l l o w s :
Increase or decrease during
Fsek

Year

6,000, coo
3,000,000

2,000,000

$1,179,000,000
47,000,000
924,000,000
302,000,000

- 21,000,000
- 26,000,000
+ 8,000,000

942,000,000
574,000,000
295,000,000

-

2,000,000

647,000,000

Deserve b a l a n c e s w i t h F. E. Banks . <
Cash in v a u l t

- 4,000,000
+ 17,000,000

235,000,000
3,000,000

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

+ 53,000,000
+ 25,000,000

1,690,000,000
792,000,000

- 21,000,000

12,000,000

T o t a l accommodation a t F. R. Banks

+ 11,000,000

124,000,000

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 other
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 bonds, s t o c k s and s e c u r i t i e s




+ $1,000,000
+
~

-

1,000,000

22,000,000

R e l e a s e d f o r p u o l i c a t i o n F r i d a y . a f t e r n o o n , F e e u_;.' / 20, 1 9 2 ? ; n e t e a r l i e r .
. PRINCIPAL RESOURCES AND LIABILITIES OF REPORTING IV0BER BANKS IN LEADING C I T I E S .
( 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 i n
A l l r e p o r t i n g member b a n k s
Hew York C i t y
Feb.
4
Feb. 13
Feb.
11
F
e
b
.
4
F e b . 13
F e b . 11
1924
1925
1924
1925
1925
1925
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.Gov*t. o b l i g a t i o n s .
Securad by s t o c k s and 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. P r e - w a r bonds
U. S. L i b e r t y b o n d s - - - - - - - Tj, 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 - - - 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

739

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 - - -

- -

- -

- — -

759

238,015

67

67

67

3,817,901
7,879,494

65,989
61,250
1,950,125 1,979,355
2,241,079 2,277,464

39,309
1,412,783
2,233,862

13,114,734 13,113,313 11,935,410

4,257,193 4,318,069

3,735,959

34,440
538,549
139,999
210,755
54,435
807,962

38,236
415,740
15,521
413,944
18,464
554,687

190,981
4,742,220
8,181,533

184,354
4,745,246
8,183,713

27,147
527,048
131,301
221,247
54,986
806,548

232,192

269,699

1,389,377

509,432
119,542
2,842,484

1,034,397
77,701
811,800
96,736
2,193,806

5,453,219

4,484,139

1 , 7 6 8 ,277 1 , 7 8 6 , 1 4 0

1,456,592

18,546,811 18,566,532 16,419,549

6,025,470 6,104,209

5,192,551

224,879
1,381,615
349,133
516,875
118,562
2,841,013
5,432,077

T o t a l l o a n s and i n v e s t m e n t s - -

*740

360,192

R e p o r t i n g member banks i n
Chicago
Feb. 4
Feb. 11
Feb. 13
1924
1925
1925
46

46

48

26,618
525,944
697,387

27,382
449,212
640,515

1 , 2 5 6 , 0 7 0 1,249,949

1,117,109

3,838
83,187
27,800
71,360
8,552
220,861

3,853
82,100
27,993
75,148
9,142
216,720

4,231
42,851
5,087
81,060
13,723
156,585

415,598

414,956

303,537

1,671,668 1,664,905

1,420,646

25,931
524,221
705,918

1,651,126

1,655,453

1,416,333

720,061

713,405

573,934

156,473

158,145

142,770

294,532

278,070

297,838

72,241

65,596

67,862

27,320

27,001

30,389

5,153,810 5,185,759

4,324,030

1 , 1 7 1 , 9 9 6 1,173,314

1,021,536

13,093,391 13,039,813 11,403,683
4,924,543

4,899,797

4,132,239

791,012

785,148

590,441

460,354

456,408

371,933

Government d e p o s i t s - - - - - - - -

113,437

133,850

125,152

16,279

20,499

33,974

14,343

16,096

6,191

B i l l s p a y a b l e & r e d i s • w i t h F.R.Banks:
Secured by U. S. G o v t . obi i g a t i o n s
All other - - - - - - — - - - -

129,933

63,651

153,265
29,667

202,496
114,860

77,300
30,277

91,200
3,528

115,325
7,232

1,420
100

£40
190

1,432

193,534

182,932

317,356

107,577

9 4 , 728

122,557

1,520

1,030

5,076

T o t a l b o r r o w i n g s f r o m F. R. Banks




*Revised f i g u r e s .

3,644

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( i n t h o u s a n d s of c i o i l a r s p .
-

^erteral Faserve D i s t r i c t

Boston

New

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or*

PMla. ~ Oleve.

bIc,."

Atlanta

CMc^o St.Lcui.

Minn.

Kana.Cy. D a l l a s

Ban y a n .

Total

'till g#aa@##@aa###
ISt... i' i a 111111fla
ir^iiiiaiiiiiiii'ii
N a n c e , of r e p o r t i n g ban!,.

42

other -xa#., stock, w
securities
Total investments

108

55

76

74

36

100

33

25

1,074,247

257,732

348.319

61,743

41,459

4 ) 7 , 8 2 9 101,886

3n',305 e ' . m . 0 5 «

36o.7»

644,312 132,750

71.687

783,544

7-

37,240

72,193

49

7

20,193

194,307

2,841,013

B i l l s p a y a b l e and r e d i s c o u n t s
°

^ ' f r c T S v s




b u s

-

^

1,S

98',579

2,

9

^

i 0

- s

g s

i f

m

BANKERS1 BALANCES OF REPORTING MEMBER BANK'S IN EEDEBAT RESFBVE BANK uITIES
51,142 40,536 20,721
416,546 108,762 69,892 132,461 47,921
1
67:032
23:W
16,681 I S ^ O
1 5 8 ; 4 6 6 3 ? : 9 7 3 24',341 4 ^ 9 9 5 3 6 , 0 1 4

w
118,287
81,269

M
2 , 5 0 802
6^5,886