The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATElEiZTT FOE THE PRESS St.5U36 F e d e r a l Reserve Board: J u l y 11, 1927 T o r immediate r e l e a s e CONDITION OF r.X-Bza EANFS IN LEADING CITIES . . T h ® F e d e r a l Reserve B o a r d ' s c o n d i t i o n statement of 663 r e p o r t i n g member in / l e a d i n g c i t i e s a s of J u l y 6 shows d e c l i n e s f o r the week of $4o 000 000 in loans and investments, $17,000,000 in n e t demand d e p o s i t s , $11,000,000 in time dep o s i t s and an i n c r e a s e of $36,000,000 i n borrowings from the F e d e r a l r e s e r v e banks. on s t o c k s and bonds, i n c l u d i n g U. S. C-overnment o b l i g a t i o n s , were nnn $5,000,000 below the p r e v i o u s week's t o t a l , r e d u c t i o n s of $19,000,000 in the Chicago 52 Holdings of TJ. S. Government o b l i g a t i o n s d e c l i n e d $21,000,000 during the week, of winch $12,000,000 was r e p o r t e d by bonks in the Chicago d i s t r i c t , " o t h e r bones, s t o c k s and s e c u r i t i e s wore $16,000,000 above the June 29 f i g u r e a t a l l r e po ruing oanks and *17,000,000 above a t r e p o r t i n g members i n the New York d i s t r i c t . Net demand d e p o s i t s were $17,000,000 l e s s than on June 29, the p r i n c i p a l cnanges i n c l u d i n g r e d u c t i o n s of $67,000,000 in the New York d i s t r i c t , 4515,000 000 M:SS.r£ £ = of § Ah• t > ? f t l y ° f f s e t ^ i n c r e a s e s of $9,000,000 and $5,000,000 in the Boston and Chicago d i s t r i c t s , r e s p e c t i v e l y * in o t " e r d i s t r i c t r ° f 000 »000 in the ^ w York d i s t r i c t and smaller i n c r e a s e s 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 the 663 r r o o r t i n ? ^ ^ o r _ ° ^ k s * t o g e t h e r with changes during the week and the year ending J u l y ° 6 , 1927, f o l l o w s : ' ( i n thousands of d o l l a r s ) Loans and investments - t o t a l J illy 6 1927 20,728,326 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 l o a n s and d i s c o u n t s l4.682.671 118,141 5,917,575 8,646,955 - 35,35% 697 - 4,699 - 29,95S Investments - t o t a l U. S. Government s e c u r i t i e s Other bonds, s t o c k s a n & s e c u r i t i e s 6.045.6^ 2,548,266 3,497,389 - 4,528 - 20,715 + 16,187 + + Reserve b a l a n c e s w i t h F. R. banks Cash in v a u l t 1,692,258 277,469 + - 59,001 + 23,386 20,112 13,364,101 6,200,894 132,256 - 17,285 - 11,205 - 29,765 + + - 352,462 546,382 21,714 1,186,382 +100,085 +253,025 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 Due f r o n banks Due to banks Borrowings from F.R. banks - t o t a l Secured by U.S.Gov't o b l i g a t i o n s All o t h e r W. 3,^50,339 344,534 237,521 107,013 I n c r e a s e or decrease during Week Year - 39.882 +1.017.57 7,157 + 35,969 + 34,227 1,7^2 + + 624.R91 26,998 407,235 244,351 392,945 53,652 339,283 44, 24I 6,3^2™ 50,603 •For immediate r e l e a s e F e d e r a l Reserve Board J u l y 7, 1927 CONDITION OF WEEKLY REPORTING MEMBER BANE'S IN CENTRAL .RESERVE CITIES ( I n thousands of d o l l u-s) July 6 June 29 NEW YORK - n l 3BTXS ... 1927 1927 July 7 1926 Loans and investments - t o t a l 6,746,714 6,709,749 6,298,165 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 stocks and bonds All other loans and d i s c o u n t s 4,843,061 33,693 2,225,814 2,583,554 4,817,478 31,371 2,216,145 2,569,962 4,477,377 44,263 2,127,238 2,305,876 Investments - t o t a l U. S. Government s e c u r i t i e s Other bonds, s t o c k s and s e c u r i t i e s 1,903,653 895,894 1,007,759 1,892,271. 898,429 993,842 1,820.788 910,260 910,528 715,975 60,964 799,731 59,295 730,516 69,152 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 5,347,713 1,006,139 14,632 5,418,642 1,010,935 17,986 5,071,5^5 844,853 27,270 Due from banks Due to banks 110,371 1,234,100 86,399 1,156,532 104,244 1,097,i4o 85,492 81,450 4,o42 46,848 39,850 6,998 184,321 136,550 47,771 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 On demand On time CHICAGO - U'Pj BANKS 1,105,949 1,155,799 864,579 3,126,327 2,377,777 748,550 1,131,784 1,143,736 842,400 3,117,920 2,368,550 749,370 1,019,298 951,852 631,638 2,602,788 1,940,069 662,719 Loans and investments - t o t a l 1,797,882 1,821,560 1,715,791 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 loans and d i s c o u n t s 1,339.100 13,295 696,429 679,376 l,4oi.869 13,H7 713,924 674,828 1,341,370 15,970 616,932 708,468 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 408,782 177,636 231,146 419,691 188,189 231,502 374,421 165,673 208,743 Reserve b a l a n c e s with F. R. bank Cash in v a u l t 174,790 21,759 161,211 20,36s 154,695 24,014 1,203,324 547,95s 9,847 1,225,078 544,897 12,119 1,169,471 514,781 5,931 142,319 379,985 I4O,948 344,273 161,182 394,065 26.149 23,125 3,024 21.188 14,525 6,661 14.362 10,079 4,283 Reserve b a l a n c e s with F. R. Bank Cash in v a u l t 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 o t h e r 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 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 o t h e r W. St.5436a For iraaed.i3.te r e l e a s e S t . 5436b PRINCIPAL RESOURCES A2TD LIABILITIES OF ALL REPORTING IS'CBBR BAWS IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS, JULY 6, 1927 (In thousands of d o l l a r s ) ; Federal Reserve D i s t r i c t Total Boston New York Ehila. Cleve, Rich. Atlanta Chicago S t . L o u i s Minn. Kans.Cy. D a l l a s San Fran. loans nncl investments - t o t a l 20.722,126 1,473,275 7,868,255 1,195,092 2,050,178 668,389 610,028 2,993,619 698,207 356,047 623,926 402,708 1.788,002 Lo=ns =nd d i s c o u n t s - t o t a l 14,682,671 1,022/470 5,524,296 Secured by U.S.Gov't o b l i g . 118,l4l 6,828 36,173 nds 5,917,575 375,737 2,554,650 ocnred "by stocks ?ncl "bo 639,905 2,933,473 All o t h e r loans & d i s c o unn t s 8,646,955 806,271 1,377,243 517,347 4 9 1,384 2,200,668 499,477 236,356 418,685 310,915 1,277,559 9,133 17,692 4,199 P>+919,278 4,573 2,577 4,1792,935 5,425 410,603 580,402 155,092 108,025 923,314 201,979 77,061 127,577 76,061 327,074 386,535 779,149 358,056 378,210 1:258,076 292,925 156,718 286,929 231,919 945,060 irix/e Reserve "balances with F.R.bk. 1,592,258 Cash i n v a u l t 277,469 Net flsn=7ia p o s i t s Time "deposits" Government d e p o s i t s S2,904 15,^ 13°«740 30,560 44,3/2 13,977 tO,lol 11,849 251,775 49,126 42,804 8,186 24,629 5,962 58,006 12,310 29,&79 9,655 104,666 24,883 928,o4o 5,944,461 461,019 1,466,106 18,448 18,694 777,349 1,054,036 390,166 330,719 1,801,812 399,6o4 209,338 497,597 267,753 263,947 867,617 229,134 241,396 1,110,585 231,747 126,549 152,087 109,396 17,165 14,504 3,738 10,076 15,615 2,02b 1,720 1,850 7,125 763,226 941,311 21,295 1,186,382 3,450,389 67,105 149,601 177,746 1,303,750 6o,978 183,411 147,574 227,712 Borrowings from F . R . E k . - t o t a l Secured b " U.S.Gov't o b i i g . M l other w. 776,149 76,151 13,364,101 6,200,594 132,256 Due f r o ; : t a n k s Due to banks Number of r e p o r t i n g banks 94,153 19,364 104,791 6l,oo4 76,285 246,176 120,988 111,540 229,913 5^,985 540,337 140,089 51,948 121,730 87,666 216,626 60,468 94,348 344.534 15,851 117,996 20,447 33,595 10.209 16,588 5^,757—24,98$ 5,250 7,$40 2^122 3^,733 237,5213,600107,645i4,83020,4394,2805,3294i,76313,7994,7003,2521*93816,546 107,013 12,251 10,951 5,bl7 13,156 5,929 11,259 12,994 11,190 550 4,688 24l 18,187 663 36 87 48 71 67 34 97 31 24 65 45 58
@FedFRASER