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VJET I OR THE FEE:] J For i m m e d i a t ^ r e l e a s e Federal E e s e r v f s o S d ! October 10, 1927. co ' D I n o : - 0 ? - S . - B S H BA::XS r : LEJLDIOG C I T I E S j.he F e d e r a l Reserve r o a r d ' s c o n d i t i o n s t a t e nent of coO r e p o r t i n g member banks ; n l e a < i i n g c i t i e s a s of October 5, shows i n c r e a s e s f o r t h e 7/eev. of $1'50,000,000 | n l o a n s a n d d i s c o i m t s j $13,000,000 i n i n v e s t m e n t s , $155,000,000 i n n e t demand d e p o s i t s and $41,0> 0,OuO i n "borrowings from t h e F e a s r a l r e s e r v e banks^ Loans on s t o c k s and b o n d s , i n c l u d i n g U n i t e d S t a t e s Government o b l i g a t i o n s , i n c r e a s e d $99 , 0 0 0 , 0 0 0 , of v.'nich $ $ 1 , 0 0 0 , 0 0 0 was r e p o r t e d by b a n k s i n t h e "Jew York »istrict. " i l l o t h e r " l o a n s and d i s c o u n t s were $51,000*000 above t h e September 23 t o t a l , 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 $24,000,000 i n t h e Yevz York d i s t r i c t , 614,000,000 i n t h e San F r a n c i s c o d i s t r i c t and $11,000,000 i n t h e Chicago d i s t r i c t . Holdings of U n i t e d Stater- s e c u r i t i e s i n c r e a s e d $ 2 , 0 0 0 , 0 0 0 , an i n c r e a s e of Yd,000,000 i n t h e P h i l a d e l p h i a d i s t r i c t and s m a l l e r i n c r e a s e s i n t h e C l e v e l a n d , Chicago and San F r a n c i s c o d i s t r i c t s more t h a n o f f s e t t i n g d e c l i n e s of $12,000,000 and >5,000,000 i n t h e /ovf York and Boston d i s t r i c t s , r e s p e c t i v e l y . 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 "ere *11,000,000 above t h e p r e v i o u s w e e k ' s f i g u r e , s l i g h t i n c r e a s e s c e i n g shown f o r most of t h e d i s t r i c t s . *;et demand d e p o s i t s '.'ore 3166,000,000 above t h e p r e v i o u s "'eek 1 s t o t a l , t h e p r i n c i p a l changes c o n s i s t i n g of i n c r e a s e s of $90,000,000 i n t h e \;v; York d i s t r i c t , $3o,000,000 i n t h e B o s t o n ui s t r i c t , $32,000,000 i n t h e Chicago d i s t r i c t and $15,000,000 i n t h e S t . L o u i s d i s t r i c t and a d e c l i n e of. $14,000,000 i n t h e Cleveland d i s t r i c t . Timo d e p o s i t s i n c r e a s e d $12,000,000 a t banks i n t h e San F r a n c i s c o d i s t r i c t and 510,000,000 and v 9 , 0 0 0 , 0 0 0 i n t h e Chicago and 'Juw York d i s t r i c t s r e s p e c t i v e l y , and ^34,000,000 a t a l l r e p o r t i n g b a n k s . Borrowings from t h e F e d e r a l r e s e r v e b a n k s were 3 4 1 , 0 0 0 , 0 0 0 above t h e t o t a l r e p o r t e d a week ago a t a l l . r e p o r t i n g banks and $28,000,000 abo-e a t b a n k s i n t h e 1'er/ York d i s t r i c t . A summary of t h e p r i n c i p a l -assets and l i a b i l i t i e s of 000 r e p o r t i n g member b a n k s , t o g e t h e r %'ith changes d u r i n g t h e week and t h e y e a r e n d i n g October 5, 1927, f o l l o w s : . ( i n t h o u s a n d s of d o l l a r s ) October 5 1927 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.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 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 b o n d s , 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. Banks Cash i n v a u l t 27et 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 f r o m b a n k s Due t o b a n k s Borrowings f r o m F. B. B a n k s - t o t a l Secured by U.S.Govt, o b l i g a t i o n s All o t h e r C. ' I n c r e a s e or d e c r e a s e d u r i n g Week Year 21,1^7,821 + 163,461 + 1,124,702 15,092,192 + 149,944 + -f - 122,817 6,167,896 8,801,479 4- 704 98,116 51,124 6,055,629 + 2,601,621 3,454,008 44- 1,712,525 263,909 13,418,320 6,356,13s 336,287 + - 444- 4- 17,730 591,876 104,117 13,517 4* 446,489 2,315 11,202 44- 110,500 335,989 10,013 3,300 - 188,180 33,311 15,563 1,273,937 3,587,307 4- 107,567 256,103 319,907 + 4 l , 42b 129,953 129,949 4- -f 24,942 16,484 4- 578,213 4- 4- 4- JL 4- - — - 91,391 20,199 380,850 685,380 73,221 104,277 25,233 79,044 F e d e r a l Reserve Board October 6, 1927. For immediate r e l e a s e C02TD1TI0Z OF 'WEEKLY REPORT 11TG MEHBBR BAITS S 11: CETTBAL HESSBV3 CITIES ( I n t h o u s a n d s of a o l i a r s ) Oct. 5 1927 S e p t . 28 1927 Oct. 6 6,s4o...665 6 . 7 5 0 , 1 2 5 3926 6.245,983 5,073,024 4,964.690 4,524,913 32=525 41,719 2,361,999 2,274,294 2,669,306 2,651,871 42,481 2,016,190 1,767,642 1,785,435 1,721,070 882,025 885,617 896,133 889,302 875,710 345,360 715,091 59,745 748,004 56,966 647,133 65,505 Met demand d e p o s i t s Time d e p o s i t s Government de : . o s i t s 5,268,975 5,184,920 1,008,167 1,011,384 126,934 123,521 5,OO6,O4O Dae from b a n k s Dae t o b a n k s 101,097 115,340 1,261,800 1,170,91S 1,086,891 124.476 96,055 9i,o4i o2,500 41,976 55,100 40,955 4b,24i 1,092,479 1,295,512 917,632 l,l44,o&3 711,436 3,305,623 2,523,595 782,028 2,809,007 2,080,624 728,383 Loans and i n v e s t m e n t s - t o t a l 1,864.143 1.840,930 1,793,263 Loans and d i s c o u n t s - t o t a l 1 , 4 6 3 / 8 8 5 1,441,609 1,400,991 12,013 768,786 683,086 13,764 758,341 669,504 13,994 673,452 713,545 400,258 . 399,321 392,272 176,318 223,940 174Jll 225,010 166,564 225,708 187,847 19,135 183,208 19,156 180,914 21,310 1,269,205 1,241,157 558,157 565,223 22,677 21,572 1,228,499 515,323 15,149 145,863 386,427 139,160 361,995 153,020 380,156 10.245 9,330 31,061 9,620 625 8,991 839 19,365 11,196 11%.V YOBK f- 52 3A1IZS 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 b y s t o c k s and "bonds A l l 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, s t o c k s and s e c u r i t i e s Reserve "balances vzith F. R. Sank Cash i n v a u l t 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 t o "brokers 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 1,175,%1 For account of o u t - o f - t o w n b a n k s 1 , 2 9 7 , 239 For account of o t h e r s 922,505 Total 3,395,235 On demand 2,593,722 On time 801,513 2,466,242 333,302 63,096 107,031 50,800 953,508 CHICAGO- 45 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 A l l 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. Si Government s e c u r i t i e s Othof b o n d s , 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 v/ith F. R. Bank Cash i n v a u l t "'let 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 Dae f r o m b a n k s Dae t o b a n k s Borrowings f r o m 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 C. For immediate r e l e a s e g t e 5526b PRINCIPAL RESOURCES ALU LlflBILITIES OF AIL RBPORTIHG :vIE:B3R BA,%S III EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS,OCTOBER 5,1927# ( I n t h o u s a n d s of d o l l a r s ) F e d e r a l Reserve D i s t r i c t Total Boston Jew 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 2 1 , 1 4 7 , 8 2 1 1 , 5 0 5 , 5 6 4 7,963,705 1 , 2 3 0 , 3 8 4 2 , 1 1 7 , 3 7 7 702,879 619,937 3 , 0 4 0 , 9 7 0 7 1 2 , 3 k ) 370,177 6 2 5 , 9 2 8 423,726 1 , 8 2 9 , 8 3 4 Loans and d i s c o u n t s - t o t a l i ^ . Q c ^ i q g 1 , 0 4 4 , 2 6 9 5 , 7 4 7 , 0 9 2 Secured by US Govt o*blig. 122,817 Secured "by s t o c k s & "bonds 5 , 1 6 7 , 8 9 6 All other loans & d i s c t s o,uOi,479 813,777 I , 4 l 2 , 5 o 0 533,134 501,967 2 , 2 4 b . 4 2 2 5 1 3 , 4 l b 250,714 4 l 4 , l 4 4 328,150 1 , 2 8 4 , 5 4 7 6,48 2 43,923 391,329 2,679,353 646,458 3,023,816 8,620 4l6,208 338,949 2,650 17,925 4,760 5,162 17,231 4,570 2,325 4,o6o 932,719 207,153 80,08b 1 2 0 , 2 7 5 83,059 599.540 157,749 118,872 7 9 5 , 0 9 5 370,625 377,933 1 , 2 4 o , 4 7 2 301,693 168,303 23Q,309 242,441 5,055,629 461,295 2,221,613 4i5,607 704,817 169,745 117,970 U.S.Govt, s e c u r i t i e s 2,601,621 Other "bonds, s t k s . & s e c u r . 3,.,:R4,OOb 153,344 9-84.287 307,951 1,237,326 117,024 299,553 310,850 393,967 80,411 39,334 56,768 61,202 34,303 15,410 130,473 29,829 43,321 13,753 40,814 11,427 Investments - t o t a l lie s e r v e w i t h F.E.Bank Cosh i n va- I t " e t demand d e p o s i t s 'lime d e p o s i t s Government de ,o ci t s 1,712,525 263,909 C. 95,576 545,287 313:,829 74,726 478 ,719 124,198 63,357 100,042 55,606 1 1 1 , 7 4 2 64,859 30,717 281,624 263,663 266,,994 44,,024 26,180 5,899 31,832 9,667 107,484 21,961 782,771 943,253 30,212 48,096 7,711 53,740 12,291 953,965 5,353.997 480„439 1 , 4 9 9 , 7 2 1 31,669 130,491 7 - 0 , ' ' 3 4 L, 0 2 6 , 4 5 7 395,281 336,323 1 , 8 5 2 , , 5 H 410,153 234,593 486,310 290,510 9 2 0 , 2 2 8 238,755 240,330 1 , 1 2 7 , ,195 238,622 125,416 1 5 7 , 9 4 4 1 1 0 , 1 1 3 273,472 1,420 4,183 11,514 23,147 11,259 1 7 , 2 4 2 33,878 33,,283 7,939 1,273,937 3,5£7,307 64,4oo 153,803 159,360 1 , 3 3 1 , 5 7 4 59,749 190,144 143,113 12,211 32,758 15,637 11,496 24,,691 11,374 275 6,340 1,956 39,263 Borrowings f r o m FR B k - t o t a l "unfiber of r e p o r t i n g "banks 773,326 73,664 792 ,548 1 9 8 , 9 2 4 119,463 211,784 13,418,320 6,356,133 336 , 287 Due from "banks Dae t o "banks Sec. t y US Govt o h l i g . All other 100,962 18,273 5,109 331,553 947,885 114,643 67,113 95,534 265,952 128,760 141,844 237,065 57,955 71,308 1 1 5 , 9 3 3 73,933 539,881 144,118 1 1 2 , 6 5 4 215,598 1 2 6 , 9 4 3 162,351 230,479' 319,907 20.288 189,958 129,949 9,905 10,383 93,761 44,357 5,375 6,336 18,065 14,693 5,592 10,045 3,013 8,433 19,335 5,356 9,420 2,454 275 2,470 3, 370 1,555 4oi 16,192 23,071 660 36 36 48 71 67 33 97 31 24 65 45 57
@FedFRASER