The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATS' "ENT FOR THE "RESS St. 5535 ""ederal Keserve Board October 17, 1Q27. 7or immediate r e l e a s e CONDITION 0? * 3'SR BA" - S 17 IEADIMG CITIES The ?o ..oral R e s e r v e B o a r d ' s c o n d i t i o n s t ;,ent of 60O 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 a s of October 12 shows an i n c r e a s e of $ 1 1 , 0 0 0 , 0 0 0 i n i n v e s t m e n t s and of $19,000,000 i n time d e p o s i t s and d e c l i n e s of $ 5 3 , 0 0 0 , 0 0 0 i n l o a n s and d i s c o u n t s , $9>000,000 i n n e t demand d e p o s i t s and $33,000,000 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 so rvo b a n k s . 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 , wore3 IQJAQQO.OOO b e i n g a d e c l i n e of #93AOOO ,000 lov/or lov/er tthhaann aa v/oek v/oek ago, ago, tthhee pprriinncciippaall changes ch *917 , 0 0 0 / i n t h e New York d i s t r i c t and an i n c r e a s e of $ 1 5 , 0 0 0 , 0 0 0 i n t h e Chicago district. ".Ill other 1 1 l o a n s and d i s c o u n t s i n c r e a s e d $ 4 0 , 0 0 0 , 0 0 0 d u r i n g t h e week, i n c r e a s e s of '.-17,000,000 i n t h e New York d i s t r i c t , $ 8 , 0 0 0 , 0 0 0 each i n t h e Boston A t l a n t a and 1 San F r a n c i s c o d i s t r i c t s and of $5,000,000 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 b e i n g - o f f s e t i n p a r t by a d e c l i n e of $9,000,000 i n t h e Chicago d i s t r i c t . Holdings of U n i t e d S t a t e s s e c u r i t i e s and of 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 i n c r e a s e d ,7,COO,000 and $ 4 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , d u r i n g t h e w e e k , o n l y s l i g h t changes b e i n g r e p o r t e d f o r any of t h e d i s t r i c t s . Nut demand d e p o s i t s wore $9,000,000 below t h e t o t a l r e p o r t e d on October 5, t h e p r i n c i p a l changes i n c l u d i n g r e d u c t i o n s of *54,000,000 and $18,000,000 i n t h e Now York and Boston d i s t r i c t s , r e s p e c t i v e l y , and i n c r e a s e s of $23,000,000 i n t h e Chicago d i s t r i c t , $15,000,000 i n t h e C l e v e l a n d d i s t r i c t and $10,000,000 i n t h e San F r a n c i s c o d i s t r i c t . Time d e p o s i t s i n c r e a s e d $19,000,000 a t r e p o r t i n g b a n k s i n t h e Nov; York d i s t r i c t and a t a l l r e p o r t i n g b a n k s . Borrowings f r o m t h e F e d e r a l r e s e r v e banks "'ore $33,000,000 l e s s t h a n on October 5, t h e l a r g e r r e d u c t i o n of $54,000,000 i n the Mow York 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 i n c r e a s e s of $11,000,000 and $13,000,000 i n t h e C l e v e l a n d and San F r a n c i s c o d i s t r i c t s , r e s p e c t i v e l y . A summary of t h e p r i n c i p a l a s s e t s and l i a b i l i t i e s of 550 r e p o r t i n g member banks-, t o g e t h e r w i t h changes d u r i n g the week and the y e a r e n d i n g October 12, 1927, f o l l o w s : ( i n t h o u s a n d s of d o l l a r s ) October 11-12 1927 I n c r e a s e or d e c r e a s e d u r i n g ^ock Year Leans and i n v e s t m e n t s - t o t a l 21,105,72$ — 42,035 + 1,103,126 Loans and d i s c o u n t s - t o t a l 15,039,259 — 52,933 4- + 4- 530,745 112,732 4- 470,800 128,784 342,016 Secured by U.S.Govt . o b l i g a t i o n s Secured by s t o c k s aiid bonds A l l o t h e r l o a n s and di s c o u n t s Investments - t o t a l U.S.Government secui c i t i e s Other b o n i s , s t o c k s 'uid 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 Net demand d e p o s i t s Time d e p o s i t s Government l o 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. E. B a n k s - t o t a l "Secured by U . S . G o v t . o b l i g a t i o n s All other 125,395 6,072,353 8,841,010 + 3,079 95,543 39,531 5,055,527 4- 10,898 2, X 9 , 0 1 9 4- 632,326 11,152 7,398 3,500 + + 263,215 7,847 4,305 4- 4- 62,413 44,510 13,409,572 5,374,555 337,232 8,748 18,717 945 + 4- 253,525 539,147 100,415 3,457,503 4- 1,704,073 1,222,300 3,443,807 236,452 145,935 139,517 + - 4- 44- 2,839 143,500 — 4- 33,455 — 43,023 - 9,568 2i6,54i 112,634 104,007 F e d e r a l R e s e r v e Board, October 13, 1927. For immediate r e l e a s e CONDITION OF WEEKLY REPORTING MEMBER BAE:S IH CENTRAL RESERVE CITIES ( i n t h o u s a n d s of d o l l a r s ) NEW YORK - 52 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 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 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. Bank Cash i n v a u l t Oct. 5 Oct. 11 1927 6,759,267 6,84o,666 Oct. 13 1926 6,184,680 4,985,408 5,073,024 4,482,809 42,408 2,257,329 41,719 2,361,999 42,O4I 1,989,004 1,773,859 1,767,642 1,701,871 883,736 890,123 882,025 885,617 865,455 694,140 59,853 715,091 59,745 667,842 71,207 1,008,167 5,268,975 4,987,789 831,44o 123,521 58,581 1927 2,669,306 2,685,671 2,451,764 836,416 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 1,018,620 Due f r o m b a n k s Due t o b a n k s 118,372 1,165,034 1,261,800 1,092,521 70,732 124,476 140,489 20,100 50,632 82,500 41,976 73,750 66,739 1,093,153 1,333,596 967,5^1 1,175,491 1,297,239 3,394,290 3,395,235 891,053 1,120,735 715,266 2,727,054 2,604,998 789,292 2,593,722 801,513 1,998,184 728,870 CHICAGO - 45 BANKS Loans and i n v e s t m e n t s - t o t a l 1,870,296 1,864,143 1,778,991 Loans and d i s c o u n t s - t o t a l 1,469,31s 1,463,885 1,389,961 14,631 776,767 677,920 12,013 768,786 683,086 12,465 664,935 712,561 400,978 400,258 389,030 177,721 223,257 176,31s 223,940 167,487 221,543 185,714 18,498 187,847 19,135 175,681 23,490 1,279,535 563,195 1,269,205 21,672 565,223 21,672 1,228,110 520,681 14,152 146,082 381,244 145,863 386,427 172,337 365,972 4,226 10,245 26,653 2,689 1,537 9,620 17,195 9,^58 5,203,021 123,521 Borrowings f r o m F. R. Bank - t o t a l Secured b y U.S.Government o b l i g a t i o n s All other Loans t o 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 a c c o u n t For a c c o u n t of o u t - o f - t o w n banks For a c c o u n t of o t h e r s Total On demand On t i m e 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. 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. 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 f r o m b a n k s Due 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. 115,340 922,505 ( S t . 5535a) 625 123,344 Tor immediate r e l e a s e # P I ' O I i in RESOURCES :V!0 LIABILITIES OF ALL REPORTING- 5535b BAT'S I S EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS , OCTOBER 1 1 - 1 2 , 1927. ( I n t h o u s a n d s of c l o l l a r s ) .c .er .1 ...e s e r v e D i s t r i c t Total B o s t o n lew York Phila. Cleve. Rich. Atlanta Chic a j o S t . L o u i s Minn. T[ans.Cy. i D a l l a s S'in F r a n . Lo~ns c; i n v e s t m e n t s - t o t a l 21,105,780 1 , 5 0 2 , 7 7 0 7 , 8 9 1 , 2 8 6 1,231,512 2,123,084 706,709 624,402 3,047,754 716,4os 3 7 3 , 4 5 2 629,529 4 2 3 , 2 3 3 1 , 8 3 5 , 6 4 7 Lo'-ns an.:, d s c o u n t s - t o t a l 00 c u r e d by US Govt o b l i r , . be cure,'. by s t o c k s & b o n i s 11 0 k c r l o a n s l i set s 1 5 , 0 3 9 . 2 5 9 1 . 0 4 5 . 5 5 0 5 , 6 6 6 . 4 4 0 ... 811x361 - 1 > I 6 X 5 1 ^ 1 6 , M 2 ^ 0 4 . l 6 2 O ; . 2 , 2 5 4 , 4 6 1 515,076 2 5 4 , 3 6 2 415,106 3 2 3 , 1 9 9 1 , 2 9 1 , 1 0 3 125,296 6,072,353 S,841,010 6,561 44,764 385,446 2,520,863 653,543 3 , 0 4 0 , 8 1 3 8,327 409,138 393,846 602,265 158,842 113,4-39 19,983 4,401 2,358 3,923 2,649 9 9 4 , 9 4 3 207,573 8 4 , 1 1 7 1 2 3 , 0 7 4 8 2 , 0 b l 796,540 3 7 2 , 9 1 2 335,783 '1,239,53 5 3 0 3 , 1 0 2 1 6 7 , 3 5 7 233,109 243,489 5,170 330,492 955,446 6,066,527 457,220 2 , 2 2 4 , 8 % 420,151 706,563 170,257 1 1 9 , 7 7 4 I S. Cic-t. s e c u r i t i e s ' 2,609,019 Other bon .s, s t i r s . & s e c xr. 3 , ^ 5 7 , 5 0 8 305,216 1,239,892 152,004 117,225 302,926 314,090 392,478 30,533 89,674 53,501 61,273 85,544 16,444 131,532 30,117 42,179 14,244 39,105 12,361 Investments - t o t a l r •;Le s e r v e r '-'it.1 r ' . R . B a n : 'J'sh i n - - a xlt T et demand ,,e p o s i t s ".'i me "Le , o s i t s Govern nont d e p o s i t s >xc f r o m b " n .s to b a n k s o r r o - i n s J. rom 11R B'.".-total Sec. by rjg Govt o b l i .11 o t h e r '•vmber of r e p o r t i n g b a n k s 1,704,678 268,215 13,409,572 O,374,855 337,232 1,282,300 3,443,807 103,867 17,946 984,954 757,123 73,801 940,742 5,790,130 479,472 1,513,973 31,669 130,.491 73,258 161,150 155,389 1 , 2 2 9 , 9 4 3 17,711 4,698 5,351 793 j 293 201,332 1 1 9 , 0 9 0 214,423 95,034 544,539 315,792 75,195 477,501 125,137 6 3 , 6 3 0 100,389 55,460 113,534 63,290 31,744 261,673 266,068 28,864 6,112 34,227 9,75s 115,724 783,799 1 , 0 4 2 , 5 7 3 395,299 343,427 1 , 8 7 5 , 7 5 4 4 l 5 , 4 4 o 240,983 492,025 296,296 273,685 917,439 241,835 240,215 1 , 1 2 6 , 0 4 5 237,938 125,572 1 5 7 , 9 5 4 1 0 9 , 9 3 7 24,033 11,268 1 7 , 2 4 2 1,420 33,879 33,283 4 , 1 8 3 11,513 7,989 793,084 945,438 30,212 57,961 179,732 105,063 61,201 103,433 261,052 126,871 1 3 6 , 5 3 5 44,873 46,653 8,108 53,792 12,577 235,179 5 7 , 1 6 7 73,171 122,129 68,776 530,490 1 4 2 , 9 9 7 1 0 3 , 9 2 1 213,662 1 2 4 , 7 9 3 282,865 21,369 163,307 233,372 286,452 20,966 88,684 15,244 43,538 15,654 9,539 18,337 9,955 4,150 to ,34b 1,934 52,005 146,935 139,517 11,136 9,830 36,020 52,554 8,4i6 6,828 27,131 16,407 5,822 2,733 6,801 13,764 4,573 8,070 1,885 4,150 9,842 1,130 5,216 1,625 28,239 309 23,856 660 36 So 48 71 67 33 97 31 24 65 45 57
@FedFRASER