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S T A ^ E N T FCR ^ PRESS s t . 1+976 F e d e r a l R e s e r v e Board, J u n e 7, 1926. For immediate r e l e a s e 3 The F e d e r a l R e s e r v e B o a r d ' s weekly c o n d i t i o n s t a t e m e n t of 7^3 r e p o r t i n g memb e r banks i n l e a d i n g c i t i e s as of June 2 shows i n c r e a s e s of $ 8 8 , 0 0 0 , 0 0 0 i n l o a n s and d i s c o u n t s , $ 1 1 , 0 0 0 , 0 0 0 i n i n v e s t r n e n t s , $ 1 5 3 , 0 0 0 , 0 0 0 i n n e t dernand d e p o s i t s and $ 4 9 , 0 0 0 , 0 0 0 i n b o r r o w i n g s f r e m t n 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 New York C i t y r e p o r t e d i n c r e a s e s of $ 7 4 , 0 0 0 , 0 0 0 i n l o a n s and d i s c o u n t s , $ 1 7 , 0 0 0 , 0 0 0 i n i n v e s t m e n t s , $89>000,000 i n n e t demand d e p o s i t s and $ 5 2 , 0 0 0 , 0 0 0 i n 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 bank. Loans on s t o c k s and bonds, 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 $ 1 0 2 , 0 0 0 , 0 0 0 a t a l l r e p o r t i n g banks and $ 1 0 8 , 0 0 0 , 0 0 0 a t banks i n t h e New York d i s t r i c t . A l l o 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 4 , 0 0 0 , 0 0 0 , r e d u c t i o n s of $ 2 9 , 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 t h e S t . L o u i s 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 i n c r e a s e s of $ 1 2 , 0 0 0 , 0 0 0 e a c h i n t h e B o s t o n and Chicago d i s t r i c t s . T o t a l 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 bonds, made by r e p o r t i n g banks i n New York C i t y i n c r e a s e d $ 6 1 , 0 0 0 , 0 0 0 , l o a n s f o r a c c o u n t of o u t - o f - t o w n banks d e c r e a s i n g $ 2 0 , 0 0 0 , 0 0 0 , w h i l e t h o s e f o r own a c c o u n t and f o r o t h e r s i n c r e a s e d $ 6 6 , 0 0 0 , 0 0 0 and $ 1 5 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y . H o l d i n g s of U n i t e d S t a t e s s e c u r i t i e s were $ 2 , 0 0 0 , 0 0 0 l e s s t h a n a week ago, t h e p r i n c i p a l c h a n g e s b e i n g a n i n c r e a s e of $ 2 2 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t and a d e c l i n e of $ 2 2 , 0 0 0 , 0 0 0 i n t h e S t . L o u i s d i s t r i c t . H o l d i n g s of o t h e r bonds, s t o c k s and s e c u r i t i e s i n c r e a s e d $ 1 3 , 0 0 0 , 0 0 0 , of which $ 8 , 0 0 0 , 0 0 0 was r e p o r t e d by banks i n t h e S t . L o u i s d i s t r i c t . Net demand d e p o s i t s were $ 1 5 8 , 0 0 0 , 0 0 0 above l a s t w e e k ' s 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 a s f o l l o w s : New York d i s t r i c t $ 1 2 1 , 0 0 0 , 0 0 0 , Chicago .and Minnea p o l i s d i s t r i c t s $ 1 1 , 0 0 0 , 0 0 0 e a c h , and t h e C l e v e l a n d d i s t r i c t $ 1 0 , 0 0 0 , 0 0 0 . An i n c r e a s e of $ 3 4 , 0 0 0 , 0 0 0 i s shown f o r time d e p o s i t s , of which $ 9 , 0 0 0 , 0 0 0 was i n t h e Boston d i s t r i c t and $ 7 , 0 0 0 , 0 0 0 each i n t h e New York and San F r a n c i s c o d i s t r i c t s . Borrowings from t h e F e d e r a l r e s e r v e banks were $ 4 9 , 0 0 0 , 0 0 0 more t h a n a week ago a t a l l r e p o r t i n g banks and $ 5 3 , 0 0 0 , 0 0 0 more a t r e p o r t i n g members i n t h e New York 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 ^ a r e n d i n g Jane 2, 1926, f o l l o w s : I n c r e a s e or Week Loans and d i s c o u n t s , t o t a l Secured by U . S . G o v ' 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 Investments, t o t a l . . , 0. S. 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 + $88, GOO, 000 - + - + 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 + + + $782,000,000 14,000,000 + + 17,000,000 444,000,000 355,000,000 11,000,000 2,000,000: 13,000,000 + + + 213,000.000 11,000,000 202,000,000 22,000,000 2,000,000 + + 49,000,000 4,000,000 12,000,000 + 114,000,000 - decrease during • Year - . , + + 153,000,000 34,000,000 3,000,00c + + + 284,000,000 453,000,000 50,000,000 T o t a l accommodation a t F. R. Banks , + 49,000,000 + 91,000,000 C. ( oa For immediate r e l e a s e PRINCIPAL RESOURCES AND LIABILITIES OF REPORTING MEMBER BANKS IN LEAPING CITIES ( i n thp-gsands of d o l l a r s ) R e p o r t i n g member b a n k s R e p o r t i n g member banks All r e p o r t i n g member banks i n Chicago i n New York C i t y May 26 June 3 June 2 May ~2& June 3 June 2 June 3 May 26 June 2 1926 1925 1926 1926 1925 1926 1925 1926 1926 46 46 46 63 59 59 703 734 703 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 : 19,910 16,722 15,532 52,295 55,139 60,0331 170,649 175,77b 158,876 Secured by U. S. Government o b l i g a t i o n s 6 0 4 , 8 2 1 5 83,455 603,581 2 , 0 9 2 , 1 0 0 1 , 9 8 3 , 8 7 6 1 , 9 7 8 , 2 3 5 1 4 , 9 6 5 , 0 0 1 5,408,849 5,295,366 Secured by s t o c k s and bonds - - - - - 685,984 698,223 710,648 8,394,373 8,408,432 8,039,395 2,292,319 2,323,398 2,208,378 I A l l o t M r l o a n s and d i s c o u n t s - - - - 13,961,998 13,874,447 13,180,172 4,436,714 4,362,413 4,246,646 1,329,761 l , 3 1 9 , 7 b 6 1,289,349 T o t a l l o a n s and d i s c o u n t s - - - - - Investments: Tj. 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 - - - - - - - 2,586,988 3,129,026 5,716,014 T o t a l l o a n s and i n v e s t m e n t s - - - - - - h 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 - - - - - - - - - - - 19,678,012 1,660,09s 282,039 13,075,701 176,086 170,831 170,700 959,674 923 , 775 2,576,181 945,335 204,889 203,411 206,887 855,517 903,653 898.724 2,927,063 377,587 374,242 380,975 5,503,244 1,844,059 1,827,428 1,815,191 19,579,092 18,683,416 6,280,773 6,189,841 6,Ool,637 1,707,348 1,694,008 1,670,324 151,168 164,410 155,509 729,631 702,458 689,541 1,637,750 1,611,039 21,965 21,323 24,001 63,354 65,924 61,826 279,949 277,619 1 , 1 7 5 , 0 7 5 1 , 1 6 9 , 4 2 0 1 , 1 6 0,648 1 2 , 9 1 7 , 4 7 6 1 2 , 7 9 1 , 3 1 5 5,1,61,428 5 , 0 7 1 , 9 6 0 5 , 0 7 0 , 1 0 5 500,378 501,316 477,963 826,898 819,333 822,917 5,570,756 5,153,317 7 , 0 6 0 10,712 7,060 32,812 32,812. 24,114 185,199* 138,296 2,589,085 3.115,560 5,704,645 5,604,206 Time d e p o s i t s - — ~ — 188,574 Government d e p o s i t s - - - - - - — - - - B i l l s p a y a b l e and r e d i s . w i t h F . R . Banks: 41,100 85,850 142,038 123,918 190,832 Secured by U.S.Government o b l i g a t i o n s - 14,205 2 1 , 1 0 5 114,510 90,695 114,439 All o t h e r - - - - - - - - - - - - - - - 106,955 55,305 305,271 256,548 214,613 T o t a l b o r r o w i n g s f r o m F. R. Banks Loans 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 bonds) made by r e p o r t i n g member banks i n New York C i t y : For own a c c o u n t . . . 959*976 293A38 For a c c o u n t of o u t - o f - t o w n banks . . . . 9^5*220 965,446 For account of o t h e r s 587,653 572,921 C. Total 2,492,849 2,431,505 On demand . . . 1,800,488 1,728,086 On time 692,361 703,419 50,175 18,461 68,636 6,904 1,254 8,158 4,520 2,957 2,415 7,537 2,695 *Revised f i g u r e s . 280 For immediate release S t . 497° PRINCIPAL RESOURCES AND LIABILITIES OF ALL REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS, JUNE 2, 192b (In thousands of d o l l a r s ) Federal Reserve D i s t r i c t Boston New York P h i l a . CIeve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Total Number of reporting banks 38 97 52 75 68 36 99 33 ^4 6,' 43 ,03 Total loans and discounts 9*5,543 5,051,054 ^ S ^ o v e r n m e n t securities 154,l6S 1,062,263 787,884 1,355,861 519,043 506,640 2,097,126 497,835 226,454 431,414 305,581 1,197,5*3 13,961,998 93,382 290,619 68,222 42,603 317,701 60,696 71,778 W . O b ? 52,2b2 2b4,627 2,586,923 0 213^402—3,129,026 s3curiues' St0°kS 249,202 1,202,622 264,474 353,1% 65,130 55,160 443,121 120,270 44,505 87,749 23,623 Total investments 403,970 2,271,545 357,256 643,727 133,352 97,763 760,822 120,966 116,283 195,816 75,825—472,029 5,716,014 Total l e a n s and investments 1,389,513 7,322,599 1,145,740 1,999,588 652,395 604,403 2,257,948 672,201 342,737 627,230 381,466 1,675,592 ^ 6 7 2 , 0 1 2 i : ? s Net demand deposits Time deposits Goveriment deposits 287,152 5,762,929 426,749 1,242,445 29,775 36,744 775,534 1,035,722 373,120 346,324 1,771,333 391,952 219,313 490,199 264,002 234,436 213,300 206,606 221,767 1,037,800 216,405 107,902 14b,04b 100,091 22,503 2c,364 7,138 9,136 lo,531 6,249 3,099 °,360 5,561 % ' 757,995 13,075,7 850,659 5,o04,206 1^,114 122,37 B i l l s payable and rediscounts I S I F TCt 8 - 8 " * - t. R ! T : : o o l i s S fr0m - 1 : 1 : : 12,311 W o 128,9=9 1 : % A g % 1% & 11,714 27,904 14,924 16,795 2S,419 20,038 1.311 10.182 3,637 1 BANKERS BALANCES OF REPORTING MEMBER BANKS IN FEDERAL RESERVE^.BANK CITIES %% s s Sflg =9,167 ' 305,271
@FedFRASER