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STATEMENT FOR THE PRESS Released f o r p u b l i c a t i o n i n Friday afternoon papers, Oct. 28; not e a r l i e r . St.2355. Federal Reserve Board October 27, 1921. CONDITION OF LS.33R BAMKS IS LEADING CITIES Government operations, including the redemption about October y o f , f c ? e outstanding balance of $332,500,000 of Treasury c e r t i f i c a t e s issued b and 9 months b e f o r e , also payment of i n t e r e s t on t h e 4th Lioerty bonds, n e c e s s i t a t i n g heavy withdrawals of Government balances from depositary i n s t i t u t i o n s , are responsible f o r the p r i n c i p a l changes condition on October 19 of S09 member banks in leading c i t i e s . All classes of loans show smaller f i g u r e s than the week before- f " "Government paper" and of $65,000,000 i n conaercial $5 '°00'000 i n ^ * — mm leeses i»Ste smsmsmms 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 , Oct. 28, 1921; not e a r l i e r . PRINCIPAL RESOURCE AMD LIABILITY ITBiS OF REPORTING LZ3LIBFR BANKS IN LEADING CITIES (Amounts i n thousands of d o l l a r s ) Oct. 19, 1921 Oct. 11-12, 1921 Apr. 22, 1921 Number of r e p o r t i n g banks sos 821 809 Loans and d i s c o u n t s , i n c l u d i n g b i l l s r e d i s c o u n t s ! w i t h F. R. BankSecured by U. S. Govt, o b l i g a t i o n s _L_". 571,cU0 584,112 737,530 Secured by s t o c k s and bonds ( o t h e r t h a n U. S. s e c u r i t i e s ) 3.032,079 3,033,868 2,973,185 All o t n e r l o a n s and d i s c o u n t s 7,273,541 7,984,119 8,570,235 T o t a l l o a n s and d i s c o u n t s 11,477,260 11,602,099 12,280,950 U. 3. bonds 250,133 879,056 869,685 U. 3. V i c t o r y n o t e s 160,899 155,929 191,082 U. S. T r e a s u r y n o t e s 117,709 138,365 U. S- C e r t i f i c a t e s of indebtedness 107,493 158,333 239,169 Other b o n d s , s t o c k s and s e c u r i t i e s - - _ _ _ _ _ _ _ _ 2,092,861 2,062,682 2,048,099 T o t a l l o a n s & d i s c o u n t s & i n v e s t , , i n c l u d i n g b i l l s r e d i s ' d . v / i t h jr. 114,831,325 1^,001,454 15,628,985 Reserve b a l a n c e w i t h F« R. Bank 1,254,799 1,243,802 1,240,344 Cash i n v a u l t 305,062 309,855 312,642 Net demand d e p o s i t s 10,247,714 10,062,331 10,127,155 Time d e p o s i t s 2,561,392 2,942,400 2,937,916 Government d e p o s i t s l40,446 480,526 253, "74 B i l l s payable w i t h F e d e r a l Reserve Bank: Secured by U. S. Govt, o b l i g a t i o n s - 215,964 259,118 515,754 All other 1,33.9 2,095 1,325 B i l l s r e d i s c o u n t e d w i t h F e d e r a l Reserve Bank: Secured by U. S. Govt, o b l i g a t i o n s 46,122 45,313 190,217 All o t h e r — — — — -- — — —, — — — __ 555,750 393,487 874,370 R a t i o of b i l l s payable and r e d i s c o u n t s with F. R. Bank t o t o t a l l o a n s and i n v e s t m e n t s , p e r cent _ _ _ _ _ _ 6.0 5.6 10.1 - (a) Coui^arao 12i f i g u r e s not a v a i l a b l e . St.2355a. Oct. 22, 1020 823 914,407 3,103,903 (a) (a) 877,872 193,454 — 313,372 (a) 17,102,860 1,333,215 377,491 11,240,588 2,814,559 151,849 674,652 2,705 254,915 1,271,424 12.9 Released f o r p u b l i c a t i o n Friday a f t e r n o o n , Oct. 28, 1921; not e a r l i e r . 3t.F^55b. PRINCIPAL RESOURCE Aim LIABILITY ITS IS OF ALL STORTING I,EMBER BALKS IN EACH FEDERAL RESERVE DISTRICT AT CLOSE OF BUSINESS OCT. 1% 1921. — —— _ (Amounts in thousands of d o l l a r s ) 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 r e p o r t i n g hanks 49 112 58 85 82 4j 112 37 35 79 52 65 80q Loans and d i s c o u n t s , including b i l l s rediscounted with F- R. Bank: Secured by U.S.Govt, o b l i g . 34,996 225,489 58,84-7 . 54,300 22,663 20,012 72,997 18,846 11,890 1 8,499 6,930 26,171 571.640 Secured by stocks and bonds 190,230 1,322,359 188,478 337,466 110,302 51,883 U33,531 119,356 31,452 65,107 37,866 143,849 3,032,079 o60,138 326,303 315.682 1,154,722 300.518 233,418 369,869 204,055 749,914 7,873,541 All o t h e r loans & discounts 196,273 2,605,886 356,783 T o t a l loans and discounts 821,499 U,153,734 604,108 1,051,904 459,268 387,577 1,661,250 438,920 276,760 453,475 248,831 919,934 11,477,260 U. S. bonds 311,804 46,176 39,594 1 0 9 , 3 3 1 61,129 3 0 , 2 4 9 71,130 2 6 , 8 5 0 15,939 32,700 33,895 100,736 880,133 U. S. V i c t o r y notes 3,618 77,790 5,109 3,622 26,46i 13,774 2,094 810 1,274 1,965 16,475 2,937 155,929 U. S. Treasury notes 3,5^0 75,238 9,564 5,026 4,228 1,222 622 8,634 232' 6,727 1,323 1,353 117,709 U. S- C e r t i f i c a t e s of indebtedness 5,76l 41,724 8,388 2,269 6,536 16,03s 1,282 1,281 15,202 793 5,134 3,085 107,493 Other b o n d s , s t o c k s & s e c u r i t i e s 142,328 744,508 156,833 2 7 7 , 6 7 6 50,629 37,249 359,880 68,062 21,595 47,712 1 0 , 2 5 0 175,839 2,092,861 Total l o a n s and discounts and investments, including b i l l s rediscounted w i t h F.R.Bk. 1,016,340 5 , 4 0 5 , 0 9 8 830,778 1,464,247 581,145 458,194 2,143,393 538,301 317,738 543,281 297,957 1 , 2 3 4 , 9 1 3 14,831,385 Reserve balance w i t h F. R. Bank 601,463 63,513 77,369 87,874 31,518 2 6 , 1 6 8 177,386 39,331 15,830 36,739 19,989 77,519 1,254,799 Cash i n v a u l t 21,236 100,446 17,032 3 0 , 6 7 8 14,921 9,088 7,167 5,894 1 2 , 7 6 0 1 0 , 0 3 7 52,533 23,270 305,062 Net demand d e p o s i t s 747,654 4 , 6 5 0 , 6 3 9 619,231 825*808 300,805 2 1 7 , 0 7 1 1,290,783 287,189 169,262 353,705 1 9 0 , 0 3 s 595,529 10,247,714 Time d e p o s i t s 179,782 456,596 43,809 427,424 127,649 140,380 656,077 148,?40 69,303 103,820 60,157 547,655 2,961,392 Government d e p o s i t s 11,409 65,076 11,987 11,469 4,632 12,360 2,336 4,783 4,533 3,189 140,446 3,139 5,533 B i l l s payable w i t h F.R.Bank: Secured by U.S.Govt.oblig. 4,118 58,807 26,940 14,597 22,086 11,781 2 5 , 6 9 2 10,795 6,84s 5,365 3, 083 25,852 215,964 All o t h e r 100 27 6i4 420 178 1,339 B i l l s rediscounted w i t h F.R.Bank: Secured by U.S.Govt.oblig. 3,9H 1,684 2,737 1 4 , 0 3 s 4,540 3,711 2,871 612 6,877 266 2,728 46,122 2,147 All o t h e r 28,802 138,643 24,158 74,570 40,957 40,033 82,276 2 9 , 6 2 6 29,053 3 3 , 0 6 0 1 6 , 0 6 5 28,507 565,750 ieioasoa 2or Fafciication F r i d a y a f t e r n o o n , October 28, 1^21; not e a r l i e r of r e p o r t i n g ^ jOans and d i s c o u n t s , including b i l l s r e d i s c ' d . w i t h F.R.Bank: ;eh:EE=:™ mmmM-mmM Oct^lf : : % _ 1 2 0 - 0 ^ 250 9 ^ H-12 250 211 211 jig 31g 1 1 | ;g IS H Hi II E I! IE:: i i i i i i i i i i investments, including b i l l s B i l l s payable with F. R. Baflk! S X r y " ' S ' *°.«53 ^r:;::ii:;::::i. >«» B3.26S 8 ,3T6 B i l l s re discount od with F. R. Baric- v i o h F.±i* Bank: to t o t a l loans and i n v^stn^jnts, p e r cent 1 6 """"" 3,3 4.5 3., 4,416 no,sig .46,903 »•* ««m 3.5 ,.0 5.5 '^6 65,465 S 5 .6 ,339 11,413 o 40j4l 71,6:4 39,656 40,60! 395 5^8 b2 1 s» .» ^ »5^-7 6 .g
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