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STATEMENT FOB THE PBESS s t . U512 Bel e a s eel f o r p u b l i c a t i o n F r i d a y a f t e r n o o n , May l j not e a r l i e r . F e d e r a l R e s e r v e Board, A p r i l 30, 1 9 2 5 . CONDITION OF MEMBER BANKS IN LEADING CITIES The F e d e r a l R e s e r v e B o a r d ' s 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 A p r i l 22 of 736 member banks i n l e a d i n g c i t i e s shows i n c r e a s e s of $ 2 , 0 0 0 , 0 0 0 i n l o a n s and d i s c c u n t s , of $ 2 4 , 0 0 0 , 0 0 0 i n i n v e s t m e n t s , o f $ 3 3 , 0 0 0 , 0 0 0 i n r e s e r v e b a l a n c e s and of # 4 2 , 0 0 0 , 0 0 0 i n n e t demand d e p o s i t s , t o g e t h e r w i t h a r e d u c t i o n of $ 3 9 , 0 0 0 , 0 0 0 i n Government d e - p o s i t s . Member banks i n New York C i t y r e p o r t i n c r e a s e s o f $ 3 9 , 0 0 0 , 0 0 0 i n l o a n s and d i s c o u n t s , of $ 2 7 , 0 0 0 , 0 0 0 i n i n v e s t m e n t s , of $ 4 6 , 0 0 0 , 0 0 0 i n r e s e r v e b a l a n c e s and of $ 1 2 7 , 0 0 0 , 0 0 0 i n n e t demand d e p o s i t s . Loans an s t o c k s and bonds i n c r e a s e d $ 7 1 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t , $ 1 1 , 0 0 0 , 0 0 0 in t h e B o s t o n d i s t r i c t , and $ 9 , 0 0 0 , 0 0 0 and $ 3 , 0 0 0 , 0 0 0 i n t h e P h i l a d e l p h i a and C h i c a g o d i s t r i c t s , r e s p e c t i v e l y , w h i l e " A l l o t h e r " l o a n s and d i s c o u n t s show s u b s t a n t i a l r e d u c t i o n s i n t h e f o l l o w i n g d i s t r i c t s * New York t p 3 2 , 0 0 0 , 0 0 0 , B o s ton $25,000,000, Chicago $ 2 0 , 0 0 0 , 0 0 0 and St. Louis $7,000,000. I n v e s t m e n t s i n U. S. s e c u r i t i e s show but n o m i n a l c h a n g e s i n most d i s t r i c t s , t h e New York d i s t r i c t , h o w e v e r , r e p o r t i n g a n i n c r e a s e of $26,OCX),000, w h i l e t h e P h i l a d e l p h i a and C l e v e l a n d d i s t r i c t s r e p o r t d e c l i n e s of $ 6 , 0 0 0 , 0 0 0 and $ 4 , 0 0 0 , 0 0 0 , r e spectively. I n v e s t m e n t s i n 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 s l i g h t l y i n most r e s e r v e d i s t r i c t s . Net demand d e p o s i t s i n c r e a s e d $ 1 2 2 , 0 0 0 , 0 0 0 i n t h e New York d i s t r i c t , p r i n c i p a l r e d u c t i o n s were reported f o r the f o l l o w i n g d i s t r i c t s : Boston, $22,000,000, Chicago $17,000,000, San F r a n c i s c o $ 1 1 , 0 0 0 , 0 0 0 , T.ichrond w a i l s the $2,000,000, and S t . L o u i s and Kansas C i t y $ 7 , 0 0 0 , 0 0 0 e a c h . W i t h d r a w a l s of Government d e p o s i t s ware r e p o r t e d by banks i n 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 , t h e l a r g e s t r e d u c t i o n s b e i n g as f e l l o w s : New York $ 8 , 0 0 0 , 0 0 0 , C l e v e l a n d and C h i c a g o $ 6 , 0 0 0 , 0 0 0 e a c h , a n d P h i l a d e l p h i a $ 5 , 0 0 0 , 0 0 0 . The p r i n c i p a l c h a n g e s 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 banks w e r e i n c r e a s e s of $ 1 6 , 0 0 0 , 0 0 0 i n t h e C h i c a g o d i s t r i c t and $ 9 , 0 0 0 , 0 0 0 i n t h e San F r a n c i s c o d i s t r i c t , and d e c r e a s e s of $ 9 , 0 0 0 , 0 0 0 and $ 7 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , i n t h e C I e v e land and New York d i s t r i c t s . 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 &nd l i a b i l i t i e s bers d u r i n g t h e week and t h e y e a r e n d i n g A p r i l 22, 1 9 2 5 ; f o l l o w s : Increase or of r e p o r t i n g mem- decrease during Year Week + $2,000,000 - 2,000,000 b , 076,000,000 15,000,000 925,000,000 166,000,000 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 . . . O t h e r bonds, s t o c k s and s e c u r i t i e s + 24,000,000 + 4,000,000 + 24,000,000 6,000,000 953,000,000 603,000,000 253,000,000 13,000,000 590,000,000 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 + 33,000,000 + 5,000,000 195,000,000 1,000,000 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 + 42,000,000 + 12,000,000 - 39,000,000 1,475,000,000 799,000,000 3,000,000 T o t a l accommodation a t P. R. Banks + 13,000,000 10,000,000 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 other + 99,000,000 - 95,000,000 - 10,000,000 + C.,q ne-ieaseu f o r p u o l i c a t i o n Friday- a f t e r n o o n , May 1, 15-25 > n o t e a r l i e r . S t . 45-L 2 a PRINCIPAL RESOURCES AMD LIABILITIES OF REPORTING MEMBER BANKS IN LEADING CITIES ( i n thousands of d o l l a r s ) All r e p o r t i n g member banks • Apr. 22 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. 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 l o a n s and d i s c o u n t s - - - - - - T c t a l l o a n s and d i s c o u n t s 736 Apr. 15 1925 736 198,188 4,807,328 g, 124,624 200,093 4,708,150 5,219,978 220,104 1,344,906 463 , 830 468,455 118,782 2,889,431 219,757 1,347,935 457,172 444,567 129,098 2,883,353 Apr. 23 1924 755 R e p o r t i n g member banks i n New York C i t y Apr. 22 Apr. 23 Apr. 15 1924 1925 1925 65 p r e - w a r bonds - - - - - - - T.-iberty bonds Treasury bonds Treasury notes - - - - - - treasury certificates - - - bends, s t o c k s and s e c u r i t i e s - - - - - - - - - - - - - - 67 213,052 24,862 23,200 26,347 71,152 75,354 73,914 3,882,24-1 1 , 9 5 2 . 7 0 0 1 , 8 7 8 , 9 0 8 1 , 4 2 1 , 2 5 0 519,887 516,259 439,319 7 , 9 5 8 , 7 7 2 2 , 2 3 1 , 6 2 6 2,261,917 2 , 2 6 3 , 7 8 7 670,085 692,644 683,155 1 3 , 1 3 0 , l 4 p 13,128,221 1 2 , 0 5 4 , 0 6 5 4 , 2 5 5 , 4 7 8 4 , 2 1 6 , 1 7 9 3 , 7 5 8 , 9 5 1 1 , 2 2 7 , 9 0 4 1 , 2 3 2 , 1 0 3 1 , 1 3 5 , 7 5 1 Investments: TJ. S, U. S. U. S. TJ. S. TJ. S. Other 65 R e p o r t i n g member banks i n Chicago Apr. 22 Apr. 15 Apr. 23 1924 1925 1925 48 46 46 272,464 1,082,654 70,293 721,621 106,125 2,299,645 28,590 510,689 159,133 205,780 54,181 848,193 28,130 515,584 154,855 175,358 56,142 849,314 40,084 457,108 16,136 345,947 26,734 606,542 1,933 84,880 27,583 64,315 3,988 200,042 1,936 84,2? 8 29,393 64,421 4,284 199,449 4,195 46,809 4,709 79,177 13,873 166,047 382,741 333,771 314,810 Total investments 5 , 5 0 5 , 5 0 8 5,481,887 4 , 5 5 2 , 8 0 2 1 , 2 0 6 , 5 6 6 1 , 7 7 9 , 3 3 3 1 , 4 9 2 , 5 5 1 T o t a l 1 cans and i n v e s t m e n t s - - - - - 18,635,648 18,610,108 l6,606,S67 6,062,044 5,995,562 5,251,502 1,610,645 1,615,874 1,450,561 135,747 163,467 156,992 Reserve b a l a n c e s w i t h F. R. Banks - - - - - 1 , 6 3 2 , 4 6 7 1,599,356 1 , 4 3 7 , 5 1 0 617,259 667,097 713,077 Cash i n v a u l t 282,313 277,064 283,254 26,634 61,886 29,506 27,686 63,367 63,132 Net demand d e p o s i t s 1 2 , 7 6 4 , 7 4 2 12,722,421 1 1 , 2 5 9 , 3 9 8 5 , 1 0 6 , 5 3 9 4 , 9 7 9 , 6 5 7 4 , 4 0 5 , 0 6 8 1,114,886 1 , 1 1 4 , 7 7 0 1 , 0 0 6 , 4 3 4 462,004 816,484 Time d e p o s i t s - - - - - - — _ _ _ _ _ _ — 5,064,103 5,052,176 4,265,014 824,971 376,199 659,132 463,352 12,361 Government d e p o s i t s - - - - - - - - - - - - 206,954 246,230 204,337 36,000 42,552 15,988 19,177 49,707 B i l l s p a y a b l e and red i s . w i t h F. R. Banks: 3,023 Secured by U. S. Government o b l i g a t i o n s - 149,333 134,104 101,658 11,158 10,550 47,690 6,967 47 , 575 2,680 620 A l l o t h e r —— ————— — — — — —————— 98,6l3 100,549 136,121 25,947 619 9,457 32,937 T o t a l borrowings f r o m F. R. Banks 247,946 234,653 237,779 73,637 80,512 20,037 11,777 7,587 10,703 Eel eased f o r p u b l i c a t i o n F r i d a y a f t e r n o o n , May 1, 192$; n o t e a r l i e r . S t . 4512b RESOURCES AMD LIABILITIES OF ALL REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS, APRIL 2 2 , 1 9 2 5 . ( i n thousands of d o l l a r s ) F e d e r a l Reserve D i s t r i c t Boston New York Phila. Cleve. Rich. A t l a n t a Chicago S t . L o u i s Minn. Kans.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 banks 42 106 55 76 73 36 100 33 25 71 49 JO 736 PRINCIPAL Loans and d i s c o u n t s , gross: Secured by U.S.Govt, o b l i g . 9,522 7b,066 Secured tjy s t o c k s & bonds 278,521 2,193,870 A l l o t h e r l o a n s & discounts64-2^96 2,534,897 T o t a l l o a n s and d i s c o u n t s 930,939 4 , 8 0 4 , 8 3 3 Investments: u. s. u, s . u. s . u« s . U- S. Oth e r P r e - w a r bonds 9,442 39,317 L i b e r t y bonds 74,791 606,283 Treasury bonds 21,686 175,551 Treasury n o t e s 7,491 222,707 T r e a s u r y c e r t i f i c a t e s 6,135 55,694 b or±3 s , s t ccks anci 194.583 1.127,417 securities Total i n v e s t m e n t s 314,128 2,226,969 12,291 333,311 365,896 . 19,149 6,534 7,887 3 2 , 6 l 6 14,1852,821 3,803 3,l64 444,132 1 27,843 7 8 , 0 1 3 701,150 171,507 6 l , 7 7 0 114,591 71,624 750,510 353,065 383,648 1,197,148 306,984 178,837 317,736 225,090 _ 198,188 4,807,328 8,124,624 711,498 1 , 2 1 3 , 7 9 1 487,442 469,548 1 , 9 3 0 , 9 1 4 492,676 243,428 436,130 299,878 1,109,063 13,130,140 9,567 52,154 23,686 25,233 35,690 11,456 6,018 31,577 153,l6l 44,424 47,459 8,125 513 3,170 2,005 260,152 353,721 63,367 41,645 421,109 100,980 364,639 638,467 137,922 78,712 13,062 1,663 14,863 11,193 5,836 17,871 167,944 64,110 90,987 9,454 13,296 23,462 6,936 25,654 19,907 11,792 12,339 18,346 2,670 3,731 9,332 46,231 18,222 17,891 24,448 130,452 220,104 1,344,906 56,550 463,830 25,694 468,455 If,344 118,782 20,203 16,505 8,629 9,932 3,415 3,678 74,591 20,271 192,456 2,889,431 771,475 172,654 105,598 170,277 77,723 446,944 5,505,508 T o t a l l o a n s & i n v e s t m e n t s 1 , 2 4 5 , 0 6 7 7 , 0 3 1 , 8 0 2 1,076,137 1 , 8 5 2 , 2 5 8 625,364 548,260 2,702,389 Reserve balances w i t h F.R.Bk. 89,468 772,168 80,342 121,357 37,496 38,683 233,391 Cash i n v a u l t 21,303 77,914 3.6,012 31,409 14,080 10,742 53,588 Net demand d e p o s i t s 546,472 5,660,974 761,842 993,152 345,590 322,739 1,691,982 Time d e p o s i t s 342,300 1,198,124 174,795 721,419 187,106 196,294 946,479 Government d e p o s i t s 13,279 46,313 25,516 28,794 9,873 9,273 28,987 B i l l s p a y a b l e and r e d i s c o u n t s with F. R. Bank: Secured by U . S . G o v t . o b l i g . 3,925 60,704 8,l48 15,108 4,364 2,967 30,993 All other 14,220 26,156 5,266 7 , 9 9 4 16,299 6 , 5 8 2 4,142 Due t o banks Due from banks 10,150 230,996 867,917 39.-139 665,330 349,026 606,407 377,601 1,556,007 1 8 , 6 3 5 , 6 4 s 46,280 25,927 54,989 28,998 103,368 1 , 6 3 2 , 4 6 7 6,935 5,734 12,370 11,345 20,886 282,318 399,062 225,670 480,794 273,241 763,224 1 2 , 7 6 4 , 7 4 2 204,222 105,069 136,562 93,979 757,754 5 , 0 6 4 , 1 0 3 12,412 2,618 4,936 7,367 17,586 206,954 1,788 5,310 1,590 1,166 1,715 650 392 BANKERS' BALANCES OF REPORTING MEMBER BANKS IN FEDERAL RESERVE BANK CITIES 130,454 1,060,245 178,955 48,976 30,082 17,726 379,623 85,482 51,716 105,525 30,035 49,770 102,903 62,521 31,448 13,356 1 4 , 0 4 2 171,599 29,871 18,031 41,164 25,503 19,520 8,947 149,333 98,613 92,011 2,210,830 52,956 613,164
@FedFRASER