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'STATEMENT FOE THE PHE&£

S t . 3719
F a d e r a l R e s e r v e Board,
O c t o o e r 4, 1923»

R e l e a s e d f o r p u b l i c a t i cn,
F r i d a y a f t e r n o o n , O c t . 5i
not e a r l i e r .
C 0 m i ^ ^ ' : P OF HEI.OER

S IN LEADING CITIES

i n v e s t m e n t s and of $ 1 2 3 , 0 0 0 , 0 0 0
A g g r e g a t e r e d u c t i o n s - of . $ 3 4 , 0 0 0 , 0 0 0 i n l o a n s and
,
of
$ 5 2 , 0 0 0 , 0 0 0 i n accommodation
in n e t demand d e p o s i t s , accompanied w i t h an i n c r e a
F
e
d
e
r
a
l
R
e
s e r v. e B
a t t h e F e d e r a l r e s e r v e bank, a r e shown i n t
„ o a r d ' s c o n s o l i d a Tt en d. n .
banks
i
n
l
eading c i t i e s .
of c o m m o n on S.pt ^
2b of 770
>
• soured by U. S. Government o b l i g a t i o n s m c r e a s
' * 1 cans
e t h e r s t o c k s and bonds d e c l i n e d $ 2 0 , 0 0 0 , 0 0 0 and a l l o t h e r , l a r g e l y commercial
,000, r e d u c t i o n s
d e c l i n e d $ 5 , 0 0 0 , 0 0 0 . H o l d i n g s of U. S . ' s e c u r i t i e s d e c r e a s e d $ 1 9 , 0i n0 0 T
reasury notes
Ci
ana
of $ 2 0 , 0 0 0 , 0 0 0 i n c e r t i f i c a t e s of i n d e j t o d n c
of
$
2
,
0
0
0
,
0
0
0
i
n
L
i
b
e
r
t
y
j
e
n
d
s
and
of
$4,0JO,000
b e i n g p a r t l y o f f s a t by i n c r e a s e s
in corporate secutities.
r\ ^

Member b a n k s i n New York C i t y r e p o r t a n i n c r e a s e of

/

~\z"' f \

$ 1 3 , 0 0 0 , 0 0 0

in l o a n s on

E j = - o o " : | n t , ^

c

o f

;

ssissaiiass

,$4,000,000.

$2,000,000.

an i n c r e a s e of $ 2 6 , 0 0 0 , 0 0 0 w h i l e
Be s e r v e b a l a n c e s of t h e r e p o r t i n g oaziivS s^cw
Corresponding changes t o r
t h e i r h o l d i n g s of c a s h i n v a u l t d e c r e a s e d $ 3 , 0 . 0 , 0 ^:o.
e r v e b a l a n c e s and a
New York C i t y members i n c l u d e an i n c r e a s e oi
y,uUJ,Ouu in r - nominal c h a n g e i n c a s h h o l d i n g s .

F o l l o w i n g i s a s t a t e m e n t 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 s s and
r e p o r t i n g members, a s comparetiv.-it+; a week and a y ^ a r o. o 0.
Increase
or
Decrease
I n m i l l i o n s of d o l l a r s
s ince
19, 1923 S e p t . 2 7 . 1 9 2 2
+
890
15
Loans and d i s c o u n t s - t o t a l . . . .
3
+
13
Secured by U. S. Government o b l i g .
87
+
20
S e c u r e d by s t o c k s and bonds . . .
8 06
+
8
All other
+
80
19
Investments, t o t a l
.
+
35
2
+
U. S. bonds
202
+
5
Treasury notes
6s
20
Treasury c e r t i f i c a t e s
89
—
4
+
O t h e r s t o c k s and Donds
7
"f
26
+
R e s e r v e b a l a n c e s w i t h F, R. Banks .
2
+
3
Cash i n v a u l t
+
92
+
2
Government d e p o s i t s
194
128
Net demand d e p o s i t s
446
+
8
+
Time d e p o s i t s
414
+
82
T o t a l accommodation a t F. R. Banks
—

C.



h e l e a s e d 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 , October 5, 1923J n o t e a r l i e r .

PRINCIPAL RESOURCE AND LIABILITY ITEMS OF REPORTING- MEMBER BANKS IN LEADING- CITIES
( I n thousands of d o l l a r s )
Sept.

26,

1923

770
L o a n s and d i s c o u n t s , g r o s s :
S e c u r e d b y U. 5 . G o v e r n m e n t o b l i g a t i o n s - - - - - - - - - - - - - S e c u r e d oy 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 ) - - - - -- - - A l l o t h e r l o a n s and d i s c o u n t s - - - - - - - - - - - - - - - - - - -

O t h e r b o n d s , s t o c k s and

securities

- - - - - - - - - - -

— - - - - - - -

258,121
3,676,508
7,942,376

————

Government d e p o s i t s - - - - -

- - - - - - - - - - - - - - -

B i l l s p a y a b l e and r e d i s c o u n t s w i t h F e d e r a l R e s e r v e B a n k s :

R a t i o of b i l l s p a y a b l e and r e d i s c o u n t s w i t h F. R. Banks
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 c e n t

W.



- - - - -

-

" -

19,

1923

770

Mar. 28, I923
777

Sept.

27,
790

* 245,301
3,696,676
7,949,674

3,765,339
7,752,873

261,442
3,559,810
7,136,275

11,891,651

11,783,480

10,987,527

265,268

274,840

283,280)

1,053,456

1,051,603

1,041,643)

87,092

87,059

107,509)

1,381,003

861,145

*926,753

*653,776

115,953

135,790

191,462

184,127

2,157,761

2,153,932

2,161,484

2,247,210

16,456,020

16,497,611

15,453,643

1,339,553

1,394,778

1,358,358

286,4 27

282,544

281,349

10,891,330

11,019,656

11,082,059

11,085,421

4,019,613

4,012,034

3,948,420

3,573,401

238,222

235,884

337,323

146,493

294,534
278,770

' 220,921
270,111

290,245
184,70S

65,651

93,495

3-5

3-0

2.9

1.0

1,365,732

T ime d e p o s i t s —

Sept.

^Includes Victory notes.

:

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 , O c t o b e r 5 , 192 3 ; n o t e a r l i e r .
S t . 3713b
PRINCIPAL RESOURCE AND LIABILITY ITEMS OF ALL REPORTING MEMBER BANTS IK EACH FEDERAL RESERVE DISTRICT AT CLOSE OF BUSINESS SEPTEMBER 2b, 1923.
( I n t h o u s a n d s of d o l l a r s )
__ __
Federal Reserve D i s t r i c t
B o s t o n New York Phi l a .
C l e v e - R i c h . A t l a n t a C h i c a g o S t . L o u i s Minn. K a n s . C y . D a l l a s San F r a n .
Total
Number of r e p o r t i n g banks
43
111
55
81
77
39
106
36
28
76
52
66
770
Loans and d i s c o u n t s , g r o s s :
„

Secured by U.S. Govt, o b l i g .

12,055

T o t a l l o a n s and d i s c o u n t s

105,565

18,202

28,0o5

9,262

8,332

37,115

12,20?

4,566

7 054

3 139

12 5SQ

258 121

8 8 5 , 5 9 5 4 , 1 4 7 , 4 7 7 642,599 1 , 1 2 | , 9 9 7 4 6 7 , 3 0 6 4 1 5 , 0 0 5 1 , 7 5 9 , 8 9 3 4 6 5 , 6 0 1 2 4 4 , 1 5 4 4 4 3 , 2 5 d 2 7 0 , 5 ) 4 1 , 0 0 7 , 4 8 8 1 1 , 8 7 7 , 0 0 5

U. S. P r e - w a r bonds
U. S. L i b e r t y bonds

12,533
77,644

48,231
474,533

10,698
43,746

47,880
115,841

29,4.10
32,516

14,476
14,073

'24,742
96,772

15,304
22,829

9,161
13,342

11,555
49,490

20,761
13,765

30,226
98,905

274,995
1,053,456

U. S. T r e a s u r y bonds

4,812

27,279

3,27s

4,568

4,059

1,666

12,493

8,6l4

955

4,795

2,177

12,396

87,092

U. S. T:.3a~ary n o t e s

29,115

458,559

49,026

58,983

12,853

5,619

lib,274

19,662

27,640

19,375

14,387

43,511

855,604

U- S. C : ; : c . i a o a t e s of
Indebtedness

13,706

21,476

4,825

9,598

3,155

8,950

22,785

5,750

3,924

4,o49

5,102

12,633

115,953

7 3 1 , 3 3 6 180,344

299,061

51,771

42,923

340,384

84,498

27,620

61,962

10,940

154,972

2,157,761

O t h e r bcnrl<=, s t o c k s and
Becxu'i t i e s . :
T o t a l l o a n . : and d i s c o u n t s
and i n v e s t m e n t s

171,950

'
1,195,355 5,908,891 9 3 5 , n 6 1,60^,930 601,070 5 0 2 , 7 / 2 2,373,343 622,258 326,796 594,532 337,666 1 , 3 6 0 , 1 3 1 16,421,866

Reserve balance with F.R.Bk.

83,845

6l9,910

65,725

101,512

Cash in v a u l t

18,552

79,954

15,910

31,740

32,673

32,086

195,223

37,953

21,545

4 7,09 7

24,570

103,593

1,365,732

13,442 . 1 0 , 3 4 l

^ 54,274

7,727

5,740

12,880

11,183

22,081

283,824

Net derrand d e p o s i t s

797,135 4 , 5 7 8 , 6 5 4 681,066

9 0 2 , 9 8 1 3 2 1 , 1 3 9 - 2 5 3 , 0 2 3 1 , 4 5 3 , 7 4 0 325,439 197,835 4 2 5 , 8 6 7 2 2 7 , 8 2 1

7 2 6 , 6 3 0 1 0 , 5 9 1 330

Time d e p o s i t s

270,567

5 9 1 , 5 7 0 1 5 2 , 4 8 1 181,107

75,543

549,631

4,019,613

8,264

22,345

238 222

|;!S

%1:11)

Government d e p o s i t s

4l,037

9 0 6 , 7 6 9 103,006
59»6l4

19,812

23,954

f S l

f . ™

9,188

11,089

781,944 187,841
26,330

8,647

84,452 134,702
5,199

2,743

B i l l s p a y a b l e and r e d i s c o u n t s
w i t h F\ R. Bank".
u

-s'GOTt-oblig-

w.




1-&

% %

&

7-M

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 , O c t o b e r - 5, 1923, not e a r l i e r .

3719 c
" B I K C r ^ L RESOURCE AND LIABILITY ITEMS OF REPORT ING ivEMBER BAHCS IN F. E, BANK AMD BRANCH CP JS AMD IK OTHER SxLECI.E:
(In thousands of d o l l a r s )
F . R.
A l l F. 3.
Other
b
r
a
n
c
h
cities
C
i
t
y
of
Chicago
l
a
n
k
c
i
t
i
e
s
s
e
l
e
cted c i t i e s
New York C i t y
S e p t . 26 S e p t . 19
S e p t . 26 S e p t . 19
S e p t . 26 S e p t . 19 S e p t . 26 S e p t . 19
S e p t . 26 S e p t . 19
66
66
49
49
258
258
205
205
307
397
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 :
?K5,883
4C,502
41,442
27,529
132,313
168,351
97,329
23,996
35,306
35,502
S e c u r e d bv U. S. G o v t , c b l i g .
1,322,94s 1,329,91s
.430,234
432,435 2,585,319 2,602,950
590,235
592,662
500,954
501,064
S e c u r e d by s t o c k s and b o n d s
2.226.723 2.240,883
673,657
678.701 4,924,728 4,936,733 1,634,724 1,630,456 1,382,924 1,322,485
A l l o t h e r l o a n s and d i s c o u n t s
T o t a l l o a n s and d i s c o u n t s
U. S. P r e - w a r bonds
U. S, L i b e r t y b o n d s
U, 5. T r e a s u r y b o n d s

3,647,060 3,654,797 .1,132,774 1 , 1 3 8 , 6 6 6
37,428 . 37,428
4,095
4,095
408,436
406,547
32,427
39,919
5,422
12,134
18,170
5,327

7,692,360

7,708,034

93,427

93,260

636,362

633,795

45,115

45,202

2,265,461 2,264,560 1,919,124 1,919,057

76,822
76,870 ,
248,976
249,463
21,74s
21,838

104,638
162,118
20,229

104,758
168,345
20,019

424,110

422,456

62,173

75,265

624,423

630,618

147,957

147,030

83,224

23,497

U. S. C e r t i f i c a t e s of i n d e b t e d n e s s

16,778

20, 6o4

7,417

10,047

55,652

65,493

41,555

51,093

12,740

19,204

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

523,067

527,611

166,339

164,357

1,138,436

1,139,971

590,519

586,082

428,806

427,879

U. S. T r e a s u r y n o t e s

T o t a l l o a n s and d i s c o u n t s a n d
. investments
R e s e r v e b a l a n c e 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
B i l l s p a y a b l e 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 a t i o n s
All other
R a t i o of b i l l s p a y a b l e and r e d i s c o u n t s
w i t h P. R, Bank t o t o t a l l o a n s and
investments, per cent



5,075,049 5,087,577

1,424,104 1,436,279 10,285,841 10,316,373

3,393,026 3,396,888 2,742,939 2,742,75-9

573,055

547,920

134,710

132,458

976,792

947,371

224,920

227,319

164,014

164,863

65,186

66,090

29,089

29,615

141,921

143,339

6I,94O

63,l6l

79,963

79,927

4,103,787 4,164,240

971,908

986,418

7*413,691

7,497,364

1,862,242 1,887,663 1,615,397 1,634,629
1,195,237 1,191,129

621,085

620,503

365,201

364,862

1,960,446

1,957,339

53,758

53,758

11,054

11,126

155,025

153,409

62,054

97,l6l

45,206

15,046

9,316

173,156

114,009

35,772

30,213

14,437

13,714

160,514

2. 6

1-5

3.2

2.1

1.6

263,330

863,566

61,839

21,023

20 , 6 3 6

77,332

70,845

44,040

36,067

158,493

68,759

65,297

49,497

46,321

2.6

4.3

4.0

3.4

3.0