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STlT^miT FOR THE Hl-3oo „ J or immediate r e l e a s e s t . 5774 F e d e r a l Reserve Board, Hay 7, 192S. CONDITION OF >E!MBER BAMS I S liSADIUG CITIES The 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 643 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 as of May 2 sho-rs i n c r e a s e s f o r the neck of $229,000,000 i n loans and d i s c o u n t s , of $20,000,000 i n i n v e s t m e n t s , of $264,000,000 i n not demand d e p o s i t s , of $33)000,000 i n time d e p o s i t s , and of $41,000,000 i n "borrowings from F e d e r a l r e s e r v e "banks. Loans on s t o c k s and bonds, i n c l u d i n g U. S. Government o b l i g a t i o n s , were $142,000,000 above the A p r i l 25 t o t a l at a l l r e p o r t i n g banks, i n c r e a s e s of $135,000,000 b e i n g shown f o r the New York d i s t r i c t and of $0,000,000 f o r the Boston d i s t r i c t , and d e c r e a s e s of $6,000,000 and $5,000,000, r e s p e c t i v e l y , f o r the Cleveland and P h i l a d e l p h i a d i s t r i c t s . "All other 1 1 l o a n s and d i s c o u n t s '.vere $86,000,000 above the amount r e p o r t e d a week ago, cie,abvl'"b--;iks i b tho York d i s t r i c t r e p o r t i n g an i n c r e a s e of $36,000,000, those i n the Chicago d i s t r i c t $33->000,000, i n the P h i l a d e l p h i a d i s t r i c t $17,000,000, and i n the Cleveland d i s t r i c t $11^000,000, while member banks i n the San F r a n c i s c o d i s t r i c t showed a d e c l i n e of $6,000,000. Holdings of U. S. Government s e c u r i t i e s i n c r e a s e d $22,000,000 a t a l l r e p o r t ing banks and $15,000,000 and $8,000,000, r e s p e c t i v e l y , i n the New York and Chicago d i s t r i c t s , while h o l d i n g s of other bonds, 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 $2,000,000 a t a l l r e p o r t i n g banks and $11,000,000 i n the New York d i s t r i c t . Net demand d e p o s i t s were $149,000,000 above the April 25 t o t a l i n t h e New n n d f o r k d i s t r i c t , $28,000,000 i n t h e Chicago d i s t r i c t , $10,000,000 each i n the Boston/ A t l a n t a d i s t r i c t s , $8,000,000 i n the P h i l a d e l p h i a d i s t r i c t , and $204,000,000 a t a l l r e p o r t i n g b a n k s . Time d e p o s i t s i n c r e a s e d $33,000,000, p r i n c i p a l l y i n the New York and Chicago d i s t r i c t s . The p r i n c i p a l changes i n borrowings from the Federal r e s e r v e banks comprise i n c r e a s e s of $10,000,000 i n the P h i l a d e l p h i a d i s t r i c t and $6,000,000 each i n the Cleveland, Kansas C i t y and San Francisco d i s t r i c t s . A summajry 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 643 r e p o r t i n g member banks, t o g e t h e r with changes during the week and the year ending May 2, 1928, follows: ( i n thousands of d o l l a r s ) Loans and investments - t o t a l May 2 1928 22,587,522 I n c r e a s e or decrease d u r i n g Week Year + 249,126 + 2,075,235 Loans and d i s c o u n t s - t o t a l 15,950,749 + 223,736 + Secured by U.S.Govt, o b l i g a t i o n s Secured by s t o c k s and bonds : All other l o a n s and d i s c o u n t s Investments - t o t a l 159,100 6,849,807 8,941-, 842 + + + 20,437 122,081 36,213 + + + 6,636,773 + 20,390 4,4o4 1,036,658 373,565 + 655,608 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 Reserve with F. R. Banks Cash i n v a u l t 3,023,333 3,612,940 1,816,018 241,209 + - 21,992 1,602 4- - 12,339 2,180 - 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. banks - t o t a l Secured by U.S.Govt, o b l i g a t i o n s All other C.FRASER Digitized for 13,945,860 6,911,366 103,692 + + 1,419,627 411,026 244,582 92,720 20,526 763,430 754,811 47,394 - 203,551 33,419 8,408 1,235,963 3,515,720 + + 104,017 211,645 4- + 25,336 168,952 586,24s + 4i ,24i 4- 230,735 424,227 162,021 + 38,038 3,153 4- 4- 131,963 43,767 + + + + - + F e d e r a l Be serve Board, M ny 3, 1928. For immediate re lea.? CONDITION OF E2BKLY REPORTING MEMBER 3 VIES IH GENERAL BES3RVE CITIES ( i n thousands of d o l l a r s ) May 2 1928 F.3W YORK- 46 BANKS Loans and i n v e s t m e n t s - t o t a l 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 l e a n s and d i s c o u n t s Investments - t o t a l 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 4 P r • 25 1928 May 4 1927 7,551.132 7,375,682 6,543,122 5.602.257 5,437,409 4,662,227 82,480 2,746,116 2,773,651 61,951 2,634,045 2,741,413 57,224 2,186,967 2,418,036 J. . J. , ± ,oou,0^2 . 6 fh J J O , c.\ J 1,053,984 884,891 1,043,299 889,974 956,931 923,964 797,279 49,227 781,134 50,694 741,388 58,243 5,694,651 1,154,535 32,325 5,559,005 1,138,060 34,761 5,171,922 951,033 44,8io 123,639 1,333,695 117,105 1,219,859 m,i97 1,167,82s 179,806 171,572 125,359 148,680 31,126 120,135 51,437 90,200 35,659 1,329,247 1,586,152 1,366,258' 1,200,217 i,6i3,64o 1,330,529 978,588 1,182,391 758,947 4,2ol,657 4,144,386 2,919,926 3,270,695 1,010,962 3,169,953 974,433 2,204,321 715,605 Loans and i n v e s t m e n t s - t o t a l 2,058,135 2,014,942 1,885,106 Loans and d i s c o u n t s - t o t a l 1,526,742 1,492,736 1,436,837 14,389 • 765,151 747,202 14,133 761,972 716,631 14,705 698,142 723,990 531,393 522,206 44s,269 236,725 294,568 227,801 294,405 192,367 255,902 187,263 17,843 192,125 16,94s 171,648 20,898 1,280,376 700,623 8,344 1,252,204 690,042 8,983 1,245,571 581,387 9,679 135,674 379,856 157,522 367,333 177,657 382,355 33.901 • 45,634 27,233 28,918 4,983 38,180 7,454 21,580 5,653 Reserve with F. R. Bank Cash i n v a u l t , Bet 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 Duo 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 other Loans to 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 ) : For own account For account of o u t - o f - t o w n banks For account of o t h e r s Total On demand O11 time CHICAGO - 41 BANKS 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 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 Reserve with F. R. Bank 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 Due from banks Due t o 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 A l l other Digitized C. for FRASER * ( S t . 5774a) For immediate r e l e a s e S t . 5774b PRINCIPAL RESOURCES AND LIABILITIES OF ALL REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS,MAY 2, 1928. ( i n thousands of d o l l a r s ) ; " e d e r a l Reserve D i s t r i c t Total 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 Fran. Loans & i n v e s t m e n t s - t o t a l 22,587,522 1,396,693 8,780,634 l , 2 3 2 , 6 l 6 2,194,623 692,124 633,358 3,268,162 723,010 375,625 6 7 8 , 4 l 0 445,072 1,966,990 Loans and d i s c o u n t s - t o t a l 15,950,749 1,100,821 6,366,867 Secured by u s Govt o M i 1 5 9 , 1 0 0 Secured by stocks & t e n d s 5,849,807 All o t h e r loans & d i s c t s 3 , g 4 i , 8 4 2 816,876 1,453,228 517,793 506,585 2,331,166 $01,471 244,035 441,786 335,773 1,334,348 5,196 84,107 433,909 3,145,233 661,716 3,137,527 8,244 434,645 373,987 i4,59i 2,864 5,085 20,466 4,4o2 2,503 3,598 3,496 654,514 177,528 126,430 1,013,563 204,664 67,980 128,734 80,171 784,123 337,401 375,070 1,297,137 292,405 173,552 309,454 246,106 4,548 376,436 953,364 5,636,773 495,872 2,413,767 4i5,74o 741,4oo 174,331 126,973 936,996 221,539 131,590 236,624 109,299 632,642 U.S. Govt, s e c u r i t i e s 3,023,833 other bonds,stks. & secur.3,6i2,94o 195,24o 1,169,794 300,632 1,243,973 H3,05l 302,689 328,443 412,957 76,077 98,254 61,682 65,291 388,499 86,340 548,497 135,199 67,916 109,806. 63,674 126,818 77,132 . 349,353 32,167 282,789 85,983 13,317 131,494 28,647 4o,9i6 11,853 43,152 11,010 264,869 4oj82 25,213 5,329 32,837 8,586 Investments - t o t a l Reserve ?ath ?. R.. BANK 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 Due from banks Due t o banks 1,816,018 241,209 13,945,860 105,017 18,513 864,6ll 62,397 48,196 7,400 56,162 11,023 117,568 22,352 108,692 974,530 6,324,334 5 0 3 , 9 9 6 1,696,179 8,021 35,971 7 7 2 , 5 1 8 1 , 0 5 9 , 8 5 8 3 6 4 , 7 7 8 341,529 1,860,737 4 0 0 , 0 8 8 2 1 4 , 4 3 9 498,193 2 9 7 , 4 1 9 837,437 299,980 9 6 4 , 4 0 1 2 4 9 , 4 2 3 2 4 I , O O 6 1 , 2 7 2 , 7 9 7 2 4 7 , 3 3 5 132,622 1 7 7 , 5 0 5 1 2 0 , 9 4 2 1 , 0 0 5 , 1 8 0 5,917 7,881 3,774 8,135 13,506 2,727 1,311 2,576 4,6L2 14,261 1,235,963 3,515,720 58,4c9 171,348 163,456 1,399,701 70,02b 195,510 6,911,366 98,146 52,591 75,537 237,685 108,424 121,159 267,751 51,597 531,766 130,438 47,317 121,538 63,965 97,319 218,341 100,986 157,738 210,935 Borrowings from FR B k - t o t a l 586,248 29,477 211,06l 32,729 51,701 23,621 31,422 75,256 25,703 12,147 20,131 6,932 66,068 Secured by US Govt o b l i g . All other 424,227 162,021 13,213 16,264 178,646 32,415 23,245 9,4s4 33,339 18,362 5,427 18,194 l4,804 l6,6l8 56,992 18,264 l4,6l2 11,091 9,44o 2,707 13,835 6,296 3,024 3,908 57,650 8,418 643 36 79 49 71 66 32 92 29 24 64 45 56 Number of r e p o r t i n g banks c.
@FedFRASER