Full text of H.4.2 Weekly Consolidated Condition Report of Large Commercial Banks in the United States : November 6, 1925

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3TA7FMJMT #03 THE P^ESS
P e l eased f o r p u b l i c a t i o n
Fov, 6 ;
not e a r l i e r *

St, UJig
F e d e r a l P i e e t ' t o ' 3-m/d', '
Nov amber 5 > 1925*

CONDITION OP MEM35R BA2TKS IN LEADING CITIES
The F e d e r a l B e s e r v e 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 723 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 October 22 shows an i n c r e a s e of $ 2 3 , 3 0 0 , 0 0 0 i n
l o a n s and d i s c o u n t s and ^ e d u c t i o n s of $ 1 7 , 0 0 0 , 0 0 0 i n i n v e s t m e n t s and $ 1 9 , 0 0 0 , 0 0 0 i n
Apr rowings f r o m t h e F e d e r a l r e s e r v e banks. D e p o s i t s changed b;:t l i t t l e d u r i n g t h e
•sleek, n e t demand d e p o s i t s showing a d e c l i n e of $ 5 , 0 0 0 , QUO, as a g a i n s t an i n c r e a s e
of $ 5 , 0 0 0 , 0 0 0 i n t i m e d e p o s i t s .
Member banks i n New York City:.- r e p o r t e d a d e c l i n e
of $ 6 , 0 0 0 , 000 i n l o a n s . a n d d i s c cqnt s / a n ' i n c r e a s e of $ 3 , 0 0 0 , 0 0 0 i n i n v e s t m e n t s , t o g e t h e r w i t h an i n c r e a s e of $42,COO,000 i n n e t demand d e p o s i t s and d e c r e a s e s of
$ 2 0 , 0 0 0 , 0 0 0 i n time d e p o s i t s and $ $ , 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 U. S. Government o b l i g a t i o n s d e c l i n e d by $ 1 9 , 0 0 0 , 0 0 0 , of w h i c h
$ 1 1 , 0 0 0 , 0 0 0 and $ 7 , 0 0 0 , 0 0 0 was r e p o r t e d by banks i n t h e New York and S t . L o u i s d i s tricts, respectively.
Loans on c o r p o r a t e s t o c k s and bonds went up $ 3 7 ? 0 0 0 , 0 0 0 , 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 : B o s t o n d i s t r i c t $ 2 2 , 0 0 0 , 0 0 0 , New York d i s t r i c t $1,4,000,000 and Chicago d i s t r i c t $ 7 , 0 0 0 , 0 0 0 .
These i n c r e a s e s were o f f s e t i n
p a r t by a r e d u c t i o n of $ 6 , 0 0 0 , 0 0 0 i n t h e Cleveland 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 were $ 5 , 0 0 0 , 0 0 0 h i g h e r t h a n t h e p r e v i o u s week, t h e more i m p o r t a n t changes
being an i n c r e a s e of $ 1 5 , 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 a d e c l i n e of
$ 2 , 0 0 0 , 0 0 0 in t h e New York d i s t r i c t .
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 were reduced $ 1 2 , 0 0 0 , 0 0 0 i n t h e B o s t o n d i s t r i c t and 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 were reduced $ 8 , 0 0 0 , 0 0 0 i n
t h e New York d i s t r i c t , b o t h c l a s s e s of i n v e s t m e n t s showing l i t t l e o r no change i n
the other d i s t r i c t s .
The p r i n c i p a l c h a n g e s i n n e t demand d e p o s i t s were a n i n c r e a s e of $ 3 6 , 0 0 0 , 0 0 0
i n t h e New York d i s t r i c t and d e c l i n e s of $ 2 4 , 0 0 0 , 0 0 0 and $12,COO,000 i n t h e Chicago
and Cleveland 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 went up $ 6 , 0 0 0 , 0 0 0 , i n c r e a s e s of $13,000,OCO i n t h e San F r a n c i s c o
d i s t r i c t and $ 5 , 0 0 0 , 0 0 0 each i n t h e Chicago and Cleveland d i s t r i c t s b e i n g p a r t l y
o f f s e t by a r e d u c t i o n of $ 1 7 , 0 0 0 , COO i n t h e New York d i s t r i c t .
Borrowings 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 were r e d u c e d by $ 1 9 , 0 0 0 , 0 0 0 , "of which
$ 9 , 0 0 0 , 0 0 0 and $ 6 , 0 0 0 , 0 0 0 were r e p o r t e d by banks i n t h e New York and A t l a n t a d i s tricts, respectively.
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 the week and t h e y e a r e n d i n g O c t o b e r 28, 1925, f o l l o w s :
Increase

or

decrease

Year

Week
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

U. S. T r e a s u r y 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 . .
Bese^ve b a l a n c e s w i t h F. B. Banks

. . .

•

4-

#

—

.

~

.

4*

$23.OCO,000
19,000,000
37.000,000
?,000,000
17,0^0.-00
U,000,000
3,000,000
2,0v0,000
8,000,000
22,000,000
U,000,000
5,000,000
6,000,000
-

T o t a l accommodation a t F. B. Banks . . .



.

-

during

19,000,000

4*
-

4-

+

$1,137,000,000
10,000,000
934,000,000
213,000,000
103,000,000

4-

252,000,000
253,000,000

214,000,000
4-

107,000,000

4-

13,000,000

4-

160,000,000
514,000,000
112,000,000
333,000,000

4-

4-

2,000,000

Released, 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 , November 6, 1 9 2 5 j not e a r l i e r *

S t . 4712a

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 banks
All r e p o r t i n g membei- banks
in New York City
Oct. 28
Oct. 28
Oct. a
Oct. 21 1 Oct. 29
Oct. 29
1925
|
1924
1925
1924
1925
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 - - - - - Total l o a n s and d i s c o u n t s - - - - - - Investments:
J . S. P r e - w a r bonds - - - - - - - - - - tJ. 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. Se T r e a s u r y c e r t i f i c a t e ! - - - - - - Other bonds* s t o c k s and s e c u r i t i e s - - Total investments - - - - - - - - - - Total l o a n s and i n v e s t m e n t s - - - - Reserve b a l a n c e s w i t h P. B. Banks - - - - Cash i n v a u l t - - —

- - -

- -

- -

- -

- -

723
171,139

723
190,570

5,300,355 5,263,326

8,429,917

8,424,738

743

61

61

67

55,821
66,800
62,804
181,113
4 , 3 6 6 , 1 2 4 2,074,259 2 , 0 6 0 , 6 3 3 1 , 7 2 2 , 7 1 3
8,216,431 2 , 2 8 9 , 1 4 1 2 , 2 9 7 , 8 3 0 2 , 3 2 6 , 7 8 0

R e p o r t i n g member banks i n
Chicago
Oct. 28 | Oct. 21
Oct. 29
1924
1925
1925 |
46
20,050
648,437
_6S3 1 °46_

46
20,415
639,107
680,810

47
22,499
535,164
731,032

13,901,411 13,878,694 12,763,668 4,419,221 4,425,313 4,112,297 1,351,533 1,340,332 1,235,695
219,999
1,387,417
427,998
370,142
92,071
2,945,497

219,346
1,394,740
424,994
373,214
93,748
2,953,581

264,777
1,449,036
69,019

40,883
595,871
14,123
282,364
157,158
882,249

1,870
101,395
16,272
51,605
1,094
185,996

1,916
99,203
16,501
52,002
1,014
190,688

4,125
S4,4n
3,399
89,487
17,'374
189,818

5,443,124

5,459,623

5,551,232 1 , 7 4 1 , 4 8 2 1 , 7 3 8 , 8 8 4 l , 9 7 2 , 6 i t 6

358,232

361,324

388,614

623,168

306,549
2,838,683

29,556

29,355

499,447

499,263

179,558

179,565

169,543
13,133
850,210

166,762

13,696
850,243

19,344,535 19,338,317 1 8 , 3 1 4 , 9 0 0 6,160,703 6 , 1 6 4 , 1 9 7 6 , 0 8 4 , 9 4 5 1 , 7 0 9 , 7 6 5 1 , 7 0 1 , 6 5 6 1 , 6 7 7 , 3 0 9
165,290
179,005
163,210
683,204
1 , 6 6 4 , 6 0 7 1,642,759 1 , 6 4 6 , 3 5 9
720,639
727,932
25,132
24,763
68,082
62,478
23,969
64,515
224,521
288,916
292,532
13,081,954 1 3 , 0 8 7 , 1 1 6 12,922,096 5,167,470 5,125,249 5,177,529 1 , 1 9 9 , 4 1 9 1 , 2 0 0 , 5 5 9 1 , 2 3 1 , 3 9 6

B i l l s p a y a b l e and red i s . w i t h F. ru Banks:
Secured by U. S. v Government o b l i g a t i o n s
Total b o r r o w i n g s f r o m F. E. Banks - - -




489,789

484,888

411,580

37,708

3,353

3,353

7,579

86,669

198,736

21,546

208,969
194,524

222,133
199,891

20,416
44,o6l

38,795
46,147

50,295
43,321

1,350
10,511

6,180
3,5£2

14,281
3,895

850
100

403,493

422,029

65,077

84,942

93,6l6

11,861

9,762

18,176

950

86,322

5,289,811

4,782,263

813,312

791,908
21,546

5,296 , 231

771,854

Beleased for p u b l i c a t i o n Friday afternoon, November 6, 1925; not e a r l i e r .

St. 4712b
PRINCIPAL RESOURCES AND LIABILITIES OF ALL REPORTING MMBER BANKS IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS,
OCTOBER 28, 1925.
(In thousands of dollars)
Federal Reserve D i s t r i c t
Boston New York
Phila.
Cleve.
Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Total
Number of reporting banks
4l
102
54
75
72
36
100
' 33
25
69
49
67
723
Xoans and discounts, g r o s s :
Secured by U.S.Govt. o b l i g .
11,578
61,176
12,446
6,647
7,475
27,773
6,983
2,457
3,316
3,073
7,861
171,139
Secured by stocks & bonds
329,558 2,321,605
372,168
501,729 139,00 2 98,002
345,543 184,131 65,540 106,663 78,337
258,072 5,300,355
A l l other loans & discounts 689,196 2 , 6 0 4 , 4 0 ]
377 , 416
775,036 377,741 424,160 1,227,591 320,754 179,000 320,274 230,452 903,894 8,429,917
Total loans and discounts 1,030,332 4,987,184
762,030 1,296,619 5 2 3 , 3 9 0 5 2 9 , 6 3 7 2,100,907 511,868 2 4 6 , 9 9 7 430,758 311,862 1,169,827 I3,90l,4n
Investments:
U. S. Pre-war bends
9,612
40,272
9,489
33,181 25,713 14,252
17,561 12,707
7,021
9,003 17,215
23,973
219,999
U. S. l i b e r t y bonds
91,305
594,288
50,211
171,112 28,965 14,637
176,893 22,724 25,649 48,731 16,441
146,461
1,387,417
U. S. Treasury bonds
19>753
194,838
16,117
34,232
7,305
5,775
53,290 10,952 12,277 15,031
7,162
51,216
427,998
U. S. treasury notes
4,399
181,107
7,850
31,396
2,023
2,344
66,590
6,546 18,873 16,005
9,747
2
3
,
2
6
2
370,142
U. S. treasury c e r t i f i c a t e s
6,716
16,300
4,065
17,790
2,255
4,591
7,544
1,821
4,241
2,975
3,816
92,071
19,957
Other bends, s t o c k s and
securities
Total investments

205,486 1,143,123

251,656

347,650

62,509

51,519

421,603 1 0 9 , 9 8 0

43,199

79,180 25,201

204,391 2,945,497

337,271 2,169,928 339,388 635,361 128,770 93,118
743,481 165,884 108,840 172,241 79,582 469,260 5,443,124
Total-Sloans and investments 1,367,603 7,157,112 1 , 1 0 1 , 4 i s 1,931,980 652,160 622,755 2,844,386 677,752 355,837 602,999 391,444 1,639,087 19,344,535
Reserve balances with F.R-. Bk. 96,883
776,507
82,971
126,040 42,024 43,404
238,170 45,474 22,135 52,173 29,841
~
108,985 1,664,607
Cash in vault
19,718
78,120
15,647
32,408 15,257 11,148
51,304
8,071 6,308 13,132 11,546
21,862
284,521
Net demaahd deposits
937,361 5,715,305
765,495 1,015,321 3 7 6 , 4 0 0 3 6 7 , 9 8 0 1,776,065 388,781 225,893 459,137 2 5 0 , 4 5 3
772,763
13,081,954
Time d e p o s i t s
373,387 1,166,650
194,356 755,374 201,727 213,896 1,006,125 215,296 1 0 9 , 7 8 9 156,077 96,361
807,193 5,296,231
Government d e p o s i t s
5,651
26,600
7,648
12,497
1,878
4,643
8,448
2,224
1,388
976
3,763
10,606
86,322
B i l l s payable and red isccunts
with F. R. Bank:
Secured by U.S. Govt, o b l i g . 2,410
71,034
13,195
35,092
6,381
4,19 5
29,555
4,220
1,212
3,623
1,876
36,166
208,969
All other
15,828
51,144
18,963
24,240 16,531 10,999
16,346 14,340
755
4,226
3,975
17,127
194,524
BANKERS' BALANCES OF REPORTING MEMBER BANKS IN FEDERAL RESERVE BANK CITIES
3ue t o banks
123,500 1,048,181
173,727
43,311 35,498 26,417
348,123 81,727 52,369 100,541 43,970 104,092 2,181,456
3ue from banks
36,284
100,546
60,553
21,580 17,501 14,157
157,448 32,223 28,097 62,840 31,136
47,356
609,721