Full text of H.4.2 Weekly Consolidated Condition Report of Large Commercial Banks in the United States : January 10, 1927

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STAEYE'IT FOR TEH PHBSS
For immediate r e l e a s e

S t . 5222
F e d e r a l Eeserve Board,
«) a n u n i y 10, 1 9 2 / .

.

c o n d i t i o n o? a i - i f f i b a z k s i n l e a d i n g c i t i s s
The F e d e r a l R e s e r v e B o a r d ' s c o n d i t i o n s t a t e m e n t of 684 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 a s of Januav-y :j chow s an i n c r e a s e of S i 6 , 0 0 0 , 0 0 0 i n l o a n s and
d i s c o u n t s and a d e c l i n e of $ 5 5 , 0 0 0 , 0 0 0 i n i n v e s t m e n t s : . Ib;. co c h a n g e s were accomp a n i e d w i t h i n c r e a s e s cf $137,000,000 i n n e t demand
tieand
$66 ; 0 0 0 , 0 0 0 i n
t i m e d e p o s i t s and a r e d u c t i o n cf $ 6 5 , 0 0 0 , 0 0 0 i n L o r r c v n r g 3 f r o m t h e F e d e r a l r e s e r v e
b a n k s . Member b a n k s i n Ne:? York C i t y r e p o r t e d an i s c c e a s e of $ ^ 1 , 0 0 0 , 0 0 0 i n l o a n s
and d i s c o u n t s and a d e c l i n e c-f $ 3 , 0 0 0 , 0 0 0 i n i n v e s t m e n t s , t o g e t h e r v-i jh i n c r e a s e s
of $ 7 2 , 0 0 0 , 0 0 0 i n n e t demand d e p o s i t s , $ 2 $ , 0 0 0 , 0 0 0 i n t i m e d e p o s i t s and
$12,000,000 i n borrowings from the Federal reserve bank.
Loans on s t o c k s and b o n d s , i n c l u d i n g U n i t e d S t a t e s Government o b l i g a t i o n s ,
i n c r e a s e d $ 3 3 , 0 0 0 , 0 0 0 , t h e l a r g e r i n c r e a s e of $ 4 6 , 0 0 0 , 0 0 0 r e p o r t e d by b a n k s i n t h e
New York d i s t r i c t b e i n g o f f s e t i n p a r t by d e c l i n e s of S I 6 , 0 0 0 . 0 0 0 and. $ 8 , 0 0 0 , 0 0 0
i n t h e Chicago -and B o s t o n d i s t r i c t s , r e s p e c t i v e l y . A l l e t h e r l o a n s and d i s c o u n t s
d e c l i n e d $ 1 7 , 0 0 0 , 0 0 0 , t h e r e l a t i v e l y s m a l l r e d u c t i o n s r e p o r t e d f o r most d i s t r i c t s
more t h a n o f f s e t t i n g an i n c r e a s e of $1%,000,000 i n t h e Chicago d i s t r i c t .
Total
l o a n s t o b r o k e r s and d e a l e r s , s e c u r e d by s t o c k s and b o n d s , male by r e p o r t i n g
member b a n k s i n New York C i t y were $ 3 1 , 0 0 0 , 0 0 0 above t h e December 29 t o t a l , ' l o a n s
f o r own a c c o u n t and f o r o u t - o f - t o w n b a n k s Lav:.ng i n e i e a s e d
, 0 0 0 , 0 0 0 and
$ 2 5 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , w h i l e l o a n s f o r e t h e r s d e c r e a s e d See,000.,000.
H o l d i n g s of U n i t e d S t a t e s Government s e c u r i t i e s .vere £ 3 7 , 0 0 0 , 0 0 0 l e s s t h a n
a week a g o . The p r i n c i p a l c h a n g e s i n t h i s i t e m i n c l u d e r e d u c t i o n s of $ 2 6 , 0 0 0 , 0 0 0
i n t h e Chicago d i s t r i c t , $ 1 1 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t and $ 7 , 0 0 0 , 0 0 0 i n
the Boston d i s t r i c t .
H o l d i n g s of 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 d e c l i n e d
$ 1 6 , 0 0 0 , 0 0 0 , r e d u c t i o n s of $ 1 6 , 0 0 0 , 0 0 0 and $ 8 , 0 0 0 , 0 0 0 i n t h e Chicago and C l e v e l a n d
d i s t r i c t s b e i n g p a r t l y o f f s e t by an i n c r e a s e of S 8 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t .
Net demand d e p o s i t s were $ 1 3 7 , 0 0 0 , 0 0 0 above t h e December 29 t o t a l , t h e p r i n c i p a l i n c r e a s e s b e i n g $ 8 3 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t , $20,000,COO i n t h e
B o s t o n d i s t r i c t , $ 1 7 , 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 $ 1 1 , 0 0 0 , 0 0 0 i n t h e
Richmond d i s t r i c t .
Time d e p o s i t s i n c r e a s e d $ 6 6 , 0 0 0 , 0 0 0 , of which $ 2 5 , 0 0 0 , 0 0 0 was
i n t h e San F r a n c i s c o d i s t r i c t , $ 2 3 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t , and $11,000,000
and $ 1 0 , 0 0 0 , 0 0 0 i n t h e C l e v e l a n d and S t . L o u i s d i s t r i c t s , r e s p e c t i v e l y .
B o r r o w i n g s f r o m t h e F e d e r a l r e s e r v e b a n k s were r e d u c e d $ 6 5 , 0 0 0 , 0 0 0 , of which
$ 2 2 , 0 0 0 , 0 0 0 was i n t h e C l e v e l a n d d i s t r i c t , $ 1 7 , 0 0 0 , 0 0 0 i n t h e B o s t o n d i s t r i c t and
$ 1 5 , 0 0 0 , 0 0 0 i n t h e Chicago 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 a n u a r y 5 , 1927, f o l l o w s :
Increase or decrease during
Week
Loans and d i s c o u n t s , t o t a l . . . .
S e c u r e d by U . S . G o v t , o b l i g a t i o n s
S e c u r e d by s t o c k s and b o n d s . .
All other
Investments, t o t a l
U. S. s e c u r i t i 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

+

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 b o r r o w i n g s f r o m F. R. Banks



-

—
-

$16,000,000
4,000,000
29,000,000
17,000,000
53,0:0,000
37,000,000
lb,000,000
75,000,000
15,000,000

Year
$405,000,000
27,000,000
+
48,000,000
+
324,000,000
+
-

+
-

+
+
-

44,000,000
224,000,000
268,000,000
62,000,000
14,000,000

137,000,000
66,000,000
7,000,000

+
—

86,000,000
4q 8,000,COO
58,000,000

65,000,000

.+

36,000,000

-

For immediate r e l e a s e
PRINCIPAL RESOURCES AMD 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 b a n k s
A l l r e p o r t i n g member b a n k s
i n Now York C i t y
' Jan. 5
Dec. 29 i J a n . o
Dec. 29
j Jan. 5
Jan. 0
I
1927
1 9 2 6 "
I
1 9 2 S
192o
I 1927
1926
Number of r e n o r t i n g b a n k s
684
688
716
54
bl
54
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 S e c u r e d "by s t o c k s & b o n d s - - - - - - - i 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. Government s e c u r i t i e s - - - - - - Other b o n d s , s t o c k s and s e c u r i t i e s - - Total investments - - - - - - - - - T o t a l l o a n s and i n v e s t m e n t 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 n I t - - - - - - - - - - - - - - -

R e p o r t i n g member b a n k s
i n Chicago
j_
Jan. 5
Jan. c
Dec. 29
192b
1927
1926
45

45

46

143,353
144,075
175,731
50,556
47,690
57,9591
14,648
14,574
16,582
5,736,745 5,703,09? 5,688,37b 2,174,321 2,121,298 2,354,308 1 649,812
666,486
64o,338
8,700,249 2,717,Of8 5,316,552
,536,592 2,541,409 2 , 2 5 8 , 6 8 4 ' 723,630
J 1 0 1 9 3 S _ _ 680,553
l 1 1 , 5 8 5 , 3 4 7 1 4 , 5 0 9 , 2 2 5 1 4 , 1 8 0 , 6 5 9 4 , 7 5 1 , 4 6 9 4 , 7 1 0 , 3 9 7 4,680,951" 1 , 3 8 8 , 0 9 0 1 , 3 9 1 , 9 9 2 1 , 3 3 7 , 4 7 3
2,285,162
3,202,67b
5,487,838

2,322,534
3,218,290
5,540,824

2,509,165
854,055
860,279
909,681
2,934,836
884,046
880,611
806,972
5,444,001 1,733,101 1,740,890 1,716,653

20,073,135 20,110,049 19,624,660 6,499,570 6,451,237 6,397,604
l,749,7o3
303,207

1,674,541
323,310

1,637,293
321,881

775,837
67,130

716,245
71,277

709,533 I
74,5061

t do mend do oo s i t s - - - - - - - - - - - 13,219,527 13,082,058 13,305,385 5,274,855 5,202,540 5,308,309
-i. 1 me ao T)o S _L U S — — — — — — — — — — — 5—, 8 5—
3 , 7—
49 —5,792,255 5,360,979
921,757
897,009
807,69s
Government d e p o s i t s — — — — — — — — — —— — 1 5 5 , 3 5 3
163,065
214,287
43,356
45,326
53,758
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 . E . B a n k s :
Secured by U . S . Government o b l i g a t i o n s 301,295
271,999
274,730
97,200
98,612
81,750
M l other - - - - - - - - - - - - - - - 174,511
210,170
135,735
10,450
33,250
36,250
T o t a l b o r r o w i n g s f r o m F. R. Banks - - 446 , 510
511,465
410,515
130,450
113,000
109,062;
Loans t o b r o k e r s an 1 d e a l e r s ( s e c u r e d by s t o c k s and b o n d s ) made by r e p o r t i n g
-member b a n k s i n Hew York C i t y :
For own a c c o u n t
1,037,311 1,008,235 1,338,259
For a c c o u n t of o u t - o f - t o w n b a n k s
1,049,246 1,021,747 1,239,344
For a c c o u n t of o t h e r s
732,004
757J-B.
563,522
Total
2,818,561 2,787,761 3,141,125
On demand
2,137,288 2,103,872 2,223,315
C"
On time . . . . . . . .
681,273
678,889
917,810



S t . 5222a

134,050
215,004
349,054

143,700
231,594
375,294

173,895
196,127
370,022

,737,144 1,767,292 1,707,495
179,719
24,4io

177,600
24,352

168,219
26,225

, 1 8 5 , 5 8 6 l ,195,202 1 , 1 6 2 , 3 6 1
523,495
499,078
527,547
8,073
8,562
13,923
29 , 730
7,971
37,701

18,249
24,507
42,756

36,303
10,133
46,436

For immediate r e l e a s e

St.
PRINCIPAL RESOURCES AMD LIABILITIES OP ALL REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS, JANUARY 5 , 1 $ 2 7 .
( i n t h o u s a n d s of d o l l a r s )
S u d o r a l Eo s e r v o D i s t r i c t
Boston New York
Phila.
Cleve.
R i c h . A t l a n t a Chicago 3 t . L o u i s L i n n . ivan • Cy. D a l l a s San F r a n . T o t a l
Number of r e p o r t i n g h a n k s
38
68
92
684
46
50
74
66
24
63
31
35
97
Loans and d i s c o u n t s , g r o s s :
S e c u r e d "by U.S. Govt, o b l i g .
3,196
53,408
10,652
148,353
22,204
4,602
5,593
20,055
6,310
3,314
4,533
2,378
7,05s
Secured by s t o c k s & b o n d s
352,418 2 , 4 7 2 , 7 7 6
444,300
560,988 1 5 2 , 2 0 9 1 0 8 , 7 0 4
868,282 193.082 72,454 110,891 7 2 , l 4 i
328,500 5,736,745
All o t h e r l o a n s & d i s c o u n t s 640.328 2 , 8 8 8 , 5 7 8
364,913
788,552 3 5 2 , 9 3 9 400/561 1 , 2 8 5 , 7 7 4 3 0 2 , 4 i 4 1 6 9 , 9 4 0 296,653 238,946
970,551 8,700,249
T o t a l l o a n s and d i s c o u n t s 1,000,-942 5 , 4 l 4 , ? 6 2
Investments 5 :
U.S. Government s e c u r i t i e s
123,439
>-j
940,660
:
Other "bends, s t o c k s & s o m i r .
255,7 !-7 1 , 2 0 2 , 1 0 7
Total investments

819,865 1 , 3 7 1 , 7 4 4 5 0 9 , 7 5 0 514,958 2 , 1 7 4 , 1 1 1 5 0 1 , 8 0 6 245,708 4 1 2 , 1 2 7 3 1 3 , 4 6 5 1 , 3 0 6 , 1 0 9 1 4 , 5 8 5 , 3 4 7
34,224
272.2o0

254,735
362,321

64,798
68,867

36,362
6o,l43

334,23b 2 , 1 4 2 , 7 6 7

356,434

617,056 1 3 3 , 6 6 5

96,505

914,435 5,855,596
423,947 1,361,386
47,010
16,794

779,043 1 , 0 1 0 , 9 4 6 3 3 4 , 0 0 0 3 4 2 , 3 4 3 1 , 7 5 5 , 7 4 7 i-106,034 215,070 4 8 9 , 9 4 1 2 7 1 , 3 5 3
252,032
3 2 4 , 6 4 4 2 1 0 , 1 4 3 219,663 1 , 0 5 4 , 7 0 2 2 2 0 , 6 6 1 1 2 3 , 0 9 9 1 4 4 , 5 3 6 1 0 1 , 4 8 b
21,76s
12,503
4,326
822
2,218
16,039
5,400
9,329
3,750

254,099 6 4 , 7 7 8
457,000 1 1 9 , 8 1 7

63,685
47,806

96,69s
95,232

43,560
24,224

711,099 1 8 4 , 5 9 5 1 1 1 , 4 9 1 1 9 1 , 9 3 0

72,734

245,074
237,152

2,285,162
3,202,676

435,226

5,487,838
T o t a l l o a n s and i n v e s t m e n t ? 1 , 3 8 5 , 1 7 8 7 , 5 5 7 , 5 2 9 1 , 1 7 6 , 3 4 9 1 , 9 3 8 , 8 0 0 6 4 3 , 4 1 5 6 1 1 , 4 6 3 2 , 3 8 5 , 2 1 0 6 8 6 , 4 0 1 3 5 7 , 1 9 9 6 0 4 , 0 5 7 3 8 6 , 2 4 9 1 , 7 9 1 , 3 3 5 2 0 , 0 7 3 , 1 8 5
R e s e r v e b a l a n c e s w i t h F.R.Bk. 9 2 , 8 5 1
84o, 296
120,131 4 3 , 9 2 9 4 4 , o 4 4
85,851
108,383 1,749,783
254,833 49,39-6 2 4 , 6 3 2 5 5 , 3 9 2 2 9 , 9 4 5
Cash i n v a u l t
23,030
34,197
17,133
33,665 15,154 12,730 53,185
308,207
8,453
6 , 3 4 2 13,183 1 1 , 7 3 3
24,297
l e t 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 ana r e d i s c o u n t s
w i t h v. R. Bank:
Secured by U . S . G o v t , o b l i g . • 3 , 7 2 5
All other
20,550
Total borrowings from
F. R. Bank

24,275

794,969 1 3 , 2 1 9 , 5 2 7
921,800 5,858,749
15,333
. 155,853

111,051
37,171

19,845
5,033

34,867
17,752

2,682
7,606

3,459
19,856

61,830
26,803

5,791
8,774

1,050

4,838
3,985

1,301
2,651

22,610
22,680

271,999
174,511

143,222

24,878

52,619

10,233

23,315

88,633

14,565

1,650

8,823

3,952

45,290

446,510

BANKERS' BALANCES OF REPORTING MEMBER BANKS IN FEDERAL RESERVE BANK CITIES
Duo t o b a n k s
Due f r o m b a n k s




i4o,489 1,183,040
38,384
108,932

177,864
63,922

49,149
31,470

34,338
21,325

20,113
16,065

373,899
164,357

77,957
32,578

55,223 104,003
25,242 46,407

34,613
27,692

107,730
50,496

2,358,428
627,370