The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATEMENT FOE THE PRESS Federal E e s e r v f j o a J d 2 November 29, 1926. For immediate r e l e a s e CONDITIO! OF ISM3EB BAjKS IS TRADING 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 s t a t e m e n t of 691 r e p o r t i n g member banks S ^ n n n n m f e d £ c t l 0 n o f W 5 . 0 0 0 , 0 0 0 i n n e t demand d e p o s i t s and an i n c r e a s e of m 000,000 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 b a n k s . Member b a n k s i n New b o r r ^ ^ \tL°°°' °°° " *1* n n T n L ° \ S t 0 C ] f * a M d e l u d i n g U. S. Government o b l i g a t i o n s , were r e d u c t i o n s of t r ^ S ^Cnm°nnn $ 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 J l l ' y . t l ' " ° ° ' ® 0 0 . i a t h e B o s t o n d i s t r i c t and $ 5 , 0 0 0 , 0 0 0 i n t h e M i n n e a p o l i s d i s g f o f t s e t m p a r t by small i n c r e a s e s i n some of t h e o t h e r d i s t r i c t s . m J a t nnntnnnmandv,deP°!2;tS d e C l i n e d a u r e p o r t i $20,000,000 ^ ^ i n t h e Boston d i s t r i c t , 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 t h e week and t h e y e a r e n d i n g November 24, 1926, f o l l o w s : Increase or decrease during Week 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 other Investments, t o t a l U. 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 Reserve c 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 T o t a l b o r r o w i n g s from F. R. Banks W. + + + — — - - + — + $37,000,000 7,000,000 38,000,000 s , 000,000 19,000,000 10,000,000 9,000,000 34 ,oco,000 15,000,000 75,000,000 2,000,000 7,000,000 4i,ooo,ooo Year $366,000,000 18,000,000 52,000,000 + 436,000,000 + - + ~ + _ - 4* + 4- 119,000,000 71,000,000 190,000,000 32,000,000 1,000,000 i4i.ooo.ooo 4i4,ooo,ooo 29,000.000 4,000,000 For immediate r e l e a s e PRINCIPAL RESOURCES AND 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 number banks i Reporting member banks | i n New York City Nov. 24 j Nov. 17 j Nov. 25 | Nov. 24 j Nov. 17 | Nov. 25 1926 j 1926 j 1925 j 1926 j 1926 ' | 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 - Socurcd by s t o c k s & bonds - - - - - - - - All oth^r l o a n s and d i s c o u n t s - - - - Total l o a n s and d i s c o u n t s - - - - - - - Investments: U. S Government s e c u r i t i e s - - - - - Other bond a, s t o c k s and s e c u r i t i e s - Total investments - - - - - - - - Total loans and investments - - - Reserve balances with F. R, Banks Cas.i i n vaul 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 B i l l s payable and r e d i s c o u n t s w i t h F. R. Banks: Sacured by U.S. Govermnent o b l i g a t ions - All o t h e r - - - - - - - - - - - - - - - - Total borrowings from F. R. Banks - - 691 691 722 55 55 Reporting member banks i n Chicago , Nov. 2+ Nov. 1( Nov. 25 1926 1926 1925 46 61 --i - - ^ "" ' 46 46 146,121 133,765 163,635 45,953 41,675 50,238 14,511 12,626 16,405 5,365,743 5,322,207 5 , u 1 7 , 9 2 4 ! 1,565,562 1,823,399 2,146,54s 660,613 669,390 633,251 8,513,322 5,321,530 5,377,653, 2,575,843 2,571,131 2,268,624 713,101 707,236 670,138 14,325,156 14 , 283 , 552 13,959,21214,4*7,393 U,436,205 4,465,460 11,394,225 1,359,302 1,324,794 2,40b,144 3,117,735,523,57b 2,416,139 3,126,767 5,542,92b 2,476,744 571,525 561,463 2,927,985 544,561 847,929 5,404,729 1,716,086 1,709,392 892,265! 535,5901 728,155i 159,975 207,029 367,004 163,392 210,527 373,919 173,290 185,273 355,563 170 , 553 21,773 167,256 21,183 167,701 24,955 19,349,062 19,531,473 19,363,941 6,203,479 6,145,597 1,623,746 23S,6c7 1,655,200 283,354 1,655,647 299,21b 672,049 69,961 690,929 59,502 12,553,739 12,959,057 13,025,Org 4 , 9 6 2 , 7 0 6 4 , 9 o 2 , 2 6 3 5,774,104 5,772,411 5,359,073 881,008 57b, 513 74,081 50,944 45,244 19,632 21,575 251,569 220,597 253,066 26,800 57,600 179,90s 169,744 174,528 35,300 17,995 431,777 390,341 427,594 93,500 44,795 Loans to b r o k e r s and d e a l e r s (secured by stocks 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 account 532,562 799,296 For account of o u t - o f - t o w n banks 1,030,998 1,055j 529 For account of o t h e r s 738.721 754.199 Total 2,603,283 2,609,024 On demand 1,915,567 1 , 9 0 6 , 7 5 3 G. On time 692,716 702,271 s i- . i 74,lbl 131,229 1,203,650 1 , 2 0 6 , 3 3 3 1 , 1 7 1 , 7 4 4 79 b, 192 521,075 515,357 499,31b 11,347 1,453 5,397 5,397 67,565! 45,796) 116,361| 19,638 3,861 23,549 13,530 7,270 20,800 13,115 M75 18,090 -b'or immediate r e l e a s e S t . 5172b PR f NCI PAL RESOURCES AND LIABILITIES" OF ALL REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTR] CT AS AT CLOSE OF BUSINESS, NOVEMBER 24,10 26. ———— (In thousands_ o f _ 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 Phil a. Clave. Rich. A t l a n t a "Chicago" St.jjouis teinn. Rans.Cy, D a l l a s San F r a n . Total vumber cf r e p o r t i n g banks 3£ 93 50 75 bs 35 99 31 24 66 47 65 691 Loans and d i s c cunts, g r o s s : Secured by U.S.Govt, o b l i g . 7,649 48,£39 11,064 ^ 21.943 5,234 6,547 20,240 Secured 'by stocks & bonds 6.77^ 3,260 4,458 4,023 6,031 146,121 351,106 2,145,:24 41£,551 556,711 x4u ,'3 21 103,957 5c4, oo4 1^9,396 70,61Q 101,523 73,05S All e t h e r l e a n s & d i s c o u n t s __°2 320,573 5,365,743 JPL.5.gL3Q3;°SS 409,640 1. 27Q] 450 1 : l - i 39o 17^'A:&_]ili5:li_243,950 905, ^45 3,613,322 Total loans and d i s c o u n t s 1 , 0 1 4 , 4 3 3 5,119,641 212,8c9 l , 3 b o , 1 6 5 51!,2^3 520,344 2 , l b 4 , 5 S 4 514,572 2 4 3 , 9 . 7 4 i a , 27s 321,031 1,291,045 14,325,156 Investment s : U.S. Government s e c u r i t i e s 133,592 973,634 81,050 275,016 67,432 39,162 303,661 61,459 69,372 101, Other b o n d s , s t o c k s & s e c u r . 51,644 241,216 2,406,144 253,643 1,156,424 263,971 360,611 655,007 55,597 450,O56 11c, 2/3 46,913 93,950 25,070 223,9]2 3,117,732 Total investments 392,435 2,130,05s 347,0a 635,627 133,239 9&,059 753,717 179,767 116,28 5 195,826 76,714 465,123 5,523,876 Total l o a n s and investments 1,406,563 7,249,699 1,159,910 2,001,512 650,532 bl£,403 2,933,301 694 , 339 360,272 6l4,104 397,745 ,757,077 19,349,062 Reserve balances w i t h F.R.Bk, 95,990 727,994 23,074 124,593 41,536 39,164 240,775 45,954 24,804 57,215 30,352 Gash i n v a u l t 112,215 1 , 6 2 3 , 7 4 6 21,503 0,943 19,124 33,065 14,604 11,339 53,354 3,245 5,622 12,593 10,473 22,159 253,637 Ne t d c 3TOSltS 912 , 29 2 5,512,252 769,255 1,027,656 378,355 327,235 1,774,943 401,369 222, Q13 436,841 274,129 U Time d e p o s i t s 791,319 12,883,739 30,453 1,317,232 243,500 £13,4 SI 207,595 224,316 1,062,283 218,513 123,446 147,531 Government d e p o s i t s 99,743 375,571 5,774,104 9,065 21,486 9,480 5,699 1,784 3,832 10,007 4si 1,336 1,041 2,800 7,070 74,081 B i l l s payable and r e d i s c o u n t s w i t h F. R. Bank: Secured by U.S.Govt., o b l i g . 19,433 82,403 10,550 33,082 6,427 4,326 52,714 7,071 800 All o t h e r 3,399 3,018 28,646 251,869 10,322 40,118 6,986 21,093 12,597 25,672 22,063 12,249 SCO 7,868 7,941 12,134 Total borrowings from 179,908 F. R. Bank 29,215 122,521 17,536 54,130 1Q,024 29,993 74,777 19,320 1,600 11,267 10,959 40,780 431,777 BANKERS' BALANCES OF REPORTING MEMBER BANKS IN FEDERAL RESERVE BANK CITIES Due t o banks 123,238 937,305 159,043 45,359 32,638 17,541 338,316 74,776 43,217 90,768 33,469 Due from banks 106,334 2,057,004 34,286 97,148 49,218 26,121 17,772 11,479 145,372 26,741 19,599 42,447 26,045 50,129 546,657 C.
@FedFRASER