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Released f o r p u b l i c a t i o n Saturday a f t e r n o o n , Nov. 23; not e a r l i e r . STAJFIVKNT FOR T3F PRESS S t . UyUO F e d e r a l Reserve Board, November 2?, I925. CONDITION OF MEivIBER BA^KS IN LEADING CITIES The F e d e r a l Reserve B o a r d ' s weekly s t a t e m e n t of c o n d i t i o n of fZ2 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 November 18 shows • r e d u c t i o n s of i'[, COO, GOG in l o a n s and d i s c o u n t s , $40,000,000 i n i n v e s t m e n t s , it 23,000,000 in time d e p o s i t s and $26,000,000 i n Government d e p o s i t s . These changes were accompanied by an i n c r e a s e of $10,000,000 i n borrowings from the Federal r e s e r v e banks. Member banks i n New York City r e p o r t e d an i n c r e a s e of $6,000,000 i n l o a n s and d i s c o u n t s , and d e c l i n e s of $24,000,000 i n i n v e s t m e n t s and of $25,000,000 i n n e t demand deposits. Leans on U. S. Government s e c u r i t i e s were l a r g e r by $6,000,000 i n the New York d i s t r i c t , banks i n o t h e r d i s t r i c t s r e p o r t i n g l i t t l e or no change i n t h i s item. Loans on c o r p o r a t e s t o c k s and bonds went up $2^,000,000, i n c r e a s e s of $28,000,000 i n the New York d i s t r i c t and $17,000,000 i n t h e Boston d i s t r i c t b e i n g p a r t l y o f f s e t by d e c l i n e s of $12,000,000 and $5,000,000 i n the Cleveland and P h i l a d e l p h i a d i s t r i c t s , r e s p e c t i v e l y . Ail o t h e r l o a n s and d i s c c u n t s f e l l off $40,000, ,00. The p r i n c i p a l changes i n t h i s item i n c l u d e r e d u c t i o n s of $29,000,000 i n the New York d i s t r i c t , i!2,000,O00 and $7,000,000, r e s p e c t i v e l y , i n the Boston and Chicago d i s t r i c t s , and a n i n c r e a s e of $7,000,000 i n the Cleveland d i s t r i c t . Investments i n U. S. s e c u r i t i e s d e c l i n e d &25,000,000, of which $10,000,000 was r e p o r t e d by banks i n t h e Boston d i s t r i c t , / W , 0 0 0 , 0 0 0 and 56,000,000 by banks i n the New York and Chicago d i s t r i c t s , r e s p e c t i v e l y . Holdings of o t h e r bonds, stocks and s e c u r i t i e s went down $15,000, COO, a d e c l i n e of # 8 , 0 0 0 , 0 0 0 i n the 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 an i n c r e a s e of $6,000,000 i n the Chicago d i s t r i c t . Net demand d e p o s i t s showed but l i t t l e change f o r the system a l t h o u g h r e l a t i v e l y l a r g e changes were r e p o r t e d f o r s i x of the twelve d i s t r i c t s . Increases of $12,000,000 were r e p o r t e d f o r the Cleveland d i s t r i c t , $16,000,000 f o r the Kansas City d i s t r i c t and $14,000,000 f o r the San F r a n c i s c o d i s t r i c t , while d e c l i n e s of $25,000,000, $11,000,000 and $9,000,000 were shewn f o r the New York, Boston and P h i l a d e l p h i a d i s t r i c t s , r e s p e c t i v e l y . Time d e p o s i t s f e l l off $ 2 ] , 0 0 0 , 0 0 0 , of which $17,000,000 was r e p o r t e d by banks i n t h e Kansas City d i s t r i c t . Net withdrawals of Government d e p o s i t s a g g r e gated $28,000,000, a l l of the d i s t r i c t s showing r e d u c t i o n s i n t h i s item. The p r i n c i p a l changes i n borrowings f r o m the F e d e r a l r e s e r v e banks included i n c r e a s e s of $7>000,000 each f o r the P h i l a d e l p h i a and S t . Louis d i s t r i c t s and of $5,000,000 each f o r the New York and A t l a n t a d i s t r i c t s , and r e d u c t i o n s of $9,000,000 f o r the San F r a n c i s c o d i s t r i c t and of $3,000,000 and $5,000,000 f o r the Chicago and Boston d i s t r i c t s , r e s p e c t i v e l y . A summary of changes i n 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 r e p o r t i n g members d u r i n g the week and the y e a r ending November 13, 1925, f o l l o w s : Increase or d ecreas e Week during Year Loans and d i s c o u n t s , t o t a l 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 o t h e r - $7,000,000 + 4,000,000 + 29,000,000 - 40,000,000 + $1,191,000,000 16,000,000 + 954,000,000 + 21],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. Treasury c e r t i f i c a t e s Other bonds, s t o c k s and s e c u r i t i e s . . Reserve b a l a n c e s w i t h F. R. Barks . . . 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 accommodation a t F. R. Banks . . . + + + + + + + 40,000,000 12,000,000 11,000,000 2,000,000 15,000,000 35,000,000 2,000,000 2,000,000 2],000,000 28,000,000 10,000,000 208,000,000 227,000,000 279,000,000 199>000,000 43,000,000 2,000,000 6,000,000 156,000,000 459,000,000 89,000,000 3^5,000,000 tic, R e l e a s e d f o r - p u b l i c a t i o n S a t u r d a y , a f t e r n o o n , November 25, 1 9 2 5 ; n o t e a r l i e r . 4740a PRINCIPAL RESOURCES AND 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 i n R e p o r t i n g member b a n k s All r e p o r t i n g member banks Chicago i n New York C i t y Nov. 11 Nov. 19 Nov. 18 I\iOV. 19 Nov. 11 Nov. I S Nov. 1 1 Nov. 19 Nov. 18 1924 1925 1924 1925 1925 1924 1925 1925 1925 46 46 47 61 67 61 722 743 723 Number of r e p o r t i n g b a n k s - - - - — L o a n s and d i s c o u n t s , g r o s s : S e c u r e d b y 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 and b o n d s - - — - A 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. P r e - w a r b o n d s - - - - - - U. S. L i b e r t y bonds - - - - - - - U. S. T r e a s u r y 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 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 a s e r v a b a l a n c e s w i t h F . R. Banks - - C-ish 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 166,202 162,002 5,419,724 8,429,190 5,391,671 8,468,569 18,065 656,140 680,122 18,460 661,206 690,570 23,437 507,174 706,531 14,01^,116 14,022,242 12,824,^44 4,476,540 4,470,860 4,218,074 1,354,327 1,370,23b 1,237,142 5,409,940 5,449,509 1,870 40,934 607,712 12,607 285,540 140,949 899,230 1,870 100,304 16,176 45,850 1,163 189,324 101,458 16,083 51,657 1,034 182,629 4,107 82,192 2,925 89,592 23,098 199,610 5,618,288 1,727,006 1,750,569 1,990,272 354,687 354,731 401,527 264,808 220,975 i,39S,737 1,474,820 69,854 428,743 628,665 360,192 285,623 88,341 86,071 2,937,698 2,952,521 2,894,518 221,16) 1,356,756 428,598 349,624 29,682 503,870 183,507 159,708 13,168 837,071 29,535 505,931 184,242 160,552 13,130 857,149 1 9 , 4 2 5 , 0 5 6 19,471,751 18,44:2,332 6 , 2 0 3 , 5 4 6 6 , 2 2 1 , 4 2 9 6 , 2 0 8 , 3 4 6 1 , 7 0 9 , 0 1 4 1 , 7 2 4 , 9 6 7 1 , 6 3 5 , 6 6 9 166,439 167,744 180,647 722,332 710,990 714,170 1,694,454 1,653,904 1,696,457 23,880 23,953 27,670 68,588 67,082 64,791 285,571 290,409 294,076 13,247,07b 13,248,bOb 13,091,45b 5,209,172 5,234,362 5 , 3 0 7 , 3 H 1,199,516 1,210,856 1,172,648 496,342 492,522 447,036 544,513 775,431 776,112 5,320,800 5 , 3 4 4 , 2 5 5 4 , 8 6 1 , 7 3 4 5,09s 1,842 3,015 26,826 19,404 12,606 139,690 78,145 50,412 B i l l s p a y a b l e and r e d i s . w i t h F . R. B a n k s : S e c u r e d b y U. S. Government o b l i g a t i o n s All o t h e r - - - - - - - - - - - - - - - 202,247 185,273 T o t a l b o r r o w i n g s f r o m F . R. Banks - - - 387,520 182,052j 54,656 48,036 63,122 4,425,310|2,122,987 2,091,062 1,827,445 191,03S 24,034 53,371 36,670 42,996 32,845 42,574 6,230 22,207 5,105 4,112 5,155 3,722 425 1,528 377,661 82,405 79,666 75,719 28,437 9,217 11,877 2,313 186,623 Released f o r p u b l i c a t i o n S a t u r d a y a f t e r n o o n , November 28, I 9 2 5 ; not e a r l i e r . st 4j40b PRINCIPAL RESOURCES AND LIABILITIES OF ALL REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS,NOVEMBER 1 8 , 1 9 2 5 . — ( I n thousands of d o l l a r s ) : ; ^ Federal Reserve D i s t r i c t Boston New York Phila. Clave. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. D a l l a s San Fran. T?tol 100 33 24 6 4 67 7 22 Number of reporting banks 41 102 54 75 72 6 9 9 3 1 Loans and d i s c o u n t s , g r o s s : : SSSHsS 1:1 till if is ;;?il if, iS si ,11 ;afi il al; Total l o a n s and d i s c o u n t s 1 , 0 3 5 , 0 3 5 5,052,126 Investments: 7b4,21S 1 , 2 8 9 , 3 6 a 525,794 533,297 2 , 1 1 2 , 5 0 7 505,475 251,381 435,948 315,057 1 , 1 8 8 , 9 1 0 1 4 , 0 1 5 , 1 1 6 ' y HL.. iiiiai i in 1 i 'I0;*;':" Total investments 206,308 1 , 1 3 5 , 4 7 2 331,24? 2,156,040 249,543 337,06? 343,262 63,076 625,902 129,504 50,303 92,3)42 422,712 112,019 43,350 76,952 736,879 167,82? 109,122 169,050 T o t a l l o a n s and i n v e s t m e n t s 1 , 3 6 6 , 2 5 2 7,205,166 1 , 1 0 1 , 2 5 5 1 , 9 1 5 , 2 7 0 6 55,293 625,639 2 ^ , 3 3 6 25,661 75,645 206,010 476,315 2,937,695 5,409,940 676,302 360,503 6 0 7 ,9 9 S 393,702~1,665,225 1 9 , 4 2 5 O ^ T BE[Zi=i I'liftliiii ti w i t h F. R. Bank: S e c u r e d ^ u.s.oovt. oblig. 22;970 71,319 11,77= 30,101 ^,055 ^ ^ 2.900 4,473 1,506 BANKERS' BALANCES OF REPORTING MEMBER BANKS IN FEDERAL RESERVE BANK CITIES 1 - c. 'lioiiol ^ ^ 37^III 202,247
@FedFRASER