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STATEMENT FOP TPE PE2SS St. 4 ^ 5 F e d e r a l Reserve Board, September 11, I S 2 4 , 3i3asso i 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 , S e p t . 12; not e a r l i e r . CONDITION OF MEMBER BAIUCS IN LEADING- CITIES A g g r e g a t e i n c r e a s e s •f $56,000,OCX) i n l o a n s and i n v e s t m e n t s , of $55,000,COO i n [ n e t demand d e p o s i t s , and of $49,OuO,vOO in accommodation a t t h e F e d e r a l r e s e r v e banks I a r e shown i n t h e F e d e r a l R e s e r v e Board I s w e e k l y c o n s o l i d a t e d s t a t e m e n t of c o n d i t i o - ' on September 3 of 747 member banks i n l e a d i n g c i t i e s . I Loans on Government o b l i g a t i o n s i n c r e a s e d by 9 ) 0 , 0 0 0 , 0 0 0 , f l o a n s cn otxier bonds, S t o c k s and s e c u r i t i e s - by $ 8 0 , 0 0 0 , 0 0 0 , w h i l e " A l l o t h e r , " l a r g e l y c o m m e r c i a l , l o a n s j and d i s c o u n t s d e c l i n e d b y $ 7 3 , ^ 0 0 , 0 0 0 . H o l d i n g s of U n i t e d S t a t e s ^ o o n d s i n c r e a s e d oj $ 3 4 , 0 0 0 , 0 0 0 , and of T r e a s u r y n o t e s and c o r p o r a t e s e c u r i t i e s - by $ 1 0 , 0 0 0 , 0 0 0 and ^$3,000,000, r e s p e c t i v e l y . H o l d i n g s of 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 snow a d e c l i n e of $ 4 , 0 0 0 , 0 0 0 . T o t a l l o a n s and d i s c o u n t s f o r r e p o r t i n g member banks i n Kew York C i t y show n o change f r o m t h e p r e c e d i n g w e e k . An i n c r e a s e of £ 6 1 , 0 0 0 , 0 0 0 i n l o a n s cn c o r p o r a t e s e c u r i t i e s and of $ 4 , 0 0 0 , 0 0 0 i n l o a n s on U. S. S e c u r i t i e s b e i n g o f f s e t by a r e d u c t i o n of $ 6 5 , 0 0 0 , 0 0 0 in " A l l o t h e r " l o a n s . H o l d i n g s of U n i t e d S t a t e s s e c u r i t i e s i n c r e a s e d j by $ 2 2 , 0 0 0 , 0 0 0 , and h o l d i n g s of o t h e r s t o c k s , b o n d s , and s e c u r i t i e s d e c l i n e d by ! $9,000,000. 1 Net demand d e p o s i t s i n c r e a s e d oy $55> 0 0 0 , 0 0 0 . I n c r e a s e s of $15,000,OvO, e a c h , ' a r e r e p o r t e d f o r t h e Mew York and C l e v e l a n d d i s t r i c t s , of Sid,GOO,000 f o r tne St. L o u i s d i s t r i c t , of $ £ , 0 0 0 , 0 0 0 f o r t h e Richmond d i s t r i c t and of $ 7 , v 0 0 , 0 0 0 , e a c n , f o r ! t h e Boston and M i n n e a p o l i s d i s t r i c t s . D e c r e a s e s of $ 1 2 , 0 0 0 , 0 0 0 and $ 1 1 , 0 0 0 , 0 0 0 , Time d e p o s i t s i n 1 r e s p e c t i v e l y , a r e shown f o r t h e A t l a n t a and C b i c a g o d i s t r i c t . ' g r e a s e d by $ 8 , 0 0 0 , 0 0 0 and Government d e p o s i t s d e c l i n e d by $10,000,OvO. R e s e r v e b a l a n c e s of a l l r e p o r t i n g i n s t i t u t i o n s i n c r e a s e d by $ 1 3 , 0 0 0 , 0 0 0 and c a s h i n v a u l t by $ 7 , 0 0 0 , 0 0 0 . 'The New York C i t y banks r e p o r t i n c r e a s e s of $ 7 , 0 0 0 , 0 0 0 and $ 3 , 0 0 0 , 0 0 0 , r e s p e c t i v e l y , i n t h e s e i t e m s . B o r r o w i n g s of a l l r e p o r t i n g members 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 i n c r e a s e d f r o m $ 5 9 , 0 0 0 , 0 0 0 t o $ 1 0 6 , 0 0 0 , 0 0 0 , o r by $ 4 9 , 0 0 0 , 0 0 0 of w h i c n ^ 4 4 , 0 0 0 , 0 0 0 r e p r e s e n t s t h e i n c r e a s e r e p o r t e d f o r New York C i t y b a n k s . 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 t h e week and t h e y e a r e n d i n g September 3, 192 14 , f e l l o w s : Increase or decrease during Year Tf-eek I ,C. 000,000 000,000 31 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 oonds All e t h e r + $13,000,000 - 73,000,000 711 000,OOv 13 000,000 Investments, t o t a l U. S. bonds U. S. T r e a s u r y n o t e s 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 O t h e r bends, s t o c k s and s e c u r i t i e s 4- 4 3, UUO, Ol10 Oi:.v + 34,OOv,0„u + + 10,000,OvO 4,000,000 3,000,000 R e s e r v e b a l a n c e s w i t h F. R. Banks . . C a s h in v a u l t + 1J , v . V' , 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 . . . . . . + + - 55,000,000 0,000,OuO 10,000,000 + 49,000,000 . . . T o t a l accommodation a t F . R. Banks . . . + $00 7 6,000,000 + 60,000,000 + 7,000,000 000,000 322 0 0 0 , 0 0 0 + + 210 0 0 0 , 0 0 0 14 o c 0 , 0 0 0 494 000,0,A, 237 0 0 0 , O v O o 000,000 + 1,515 + 55o 000,000 000,000 24 - 0 0 , 0 0 0 450,000,000 R e l e a s e d f o r p u o l i c a u i o n F r i d a y aJ oSrncon, Sepveniber 1 c_, 19^-4, no*/ e a r l i e r . PRINCIPAL RESOURCE AND LIABILITY ITEMS OF REPORTING MEMBFB BANKS IN LEADING CITIES ( i n thousands of d o l l a r s ) Sept. Number o f 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 : S e c u r e d by U. S. Government o o i i g a t i o n s S e c u r e d by s t o c k s and bonds ( o t h e r t h a n U. S, U. S . P r e - w a r o o n d s - - — U. S. L i b e r t y b o n o s - U. S. T r e a s u r y b o n d s - - - - - - - - - - — - — - - - - - — - — 27, 1924 747 Ma r . 5, 1924 752 Sept. 5 , 19; 769 — — — —- 193,015 4,371,749 7,867,547 192,149 4,291,482 *7,940,247 213,627 3,820,309 7,900,509 229,243 3,661,113 7,880,194 - - - - 12,437,311 12,423,873 11,934,565 11,770,550 267,320 270,599 270,324 274,746 1,373,124 999,872 1,058,263 66,992 65,553 75,607 88,425 662,068 652,413 94,830 98,730 - — - - - - - - Aug. - - - securities) - - - - - - 747 - - - - T o t a l l o a n s and d i s c o u n t s - - - - - - - - - - - - - - - - - 3 , 1924 - - - - 2,633,788 2,63c ,,488 783,613 96,681 2,222,912 — 17,570,963 17,514,790 16,383,574 16,284,277 R e s e r v e b a l a n c e s w i t h F e d e r a l R e s e r v e Banks - - - - - - - - - - - - - 1,604,373 1,591,641 1,409,988 250,512 279,175 11,174,184 4,565,437 273,862 *12,423,550 *4,557,122 1,367,827 286,663 .10,963,233 4,009,236 86,005 95,574 124,644 109,556 64,575 43,081 21,173 296,770 37,652 118,206 143,591 .6 .3 1.6 3> U. S. T r e a s u r y n o t e s - - - - - - - - - _ _ _ _ _ _ _ _ _ _ U. S . C e r t i f i c a t e s o f i n d e b t e d n e s s - - - - - - - - - - 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 - - - - - - - - - - - - — — _ _ _ _ _ _ _ _ _ _ T o t a l l o a n s and d i s c o u n t s and i n v e s t m e n t s - Cash i n v a u l t - - - - - - - - - - - - - - - - N e t demand d e p o s i t s - - - - - - - - - - Government d e p o s i t s - - - - - - - - - - - - - - - - - - - - - - - - - - — - - - - - - - - - - - - _ _ _ _ _ _ _ _ _ _ 12,478,181 - 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 : All other - - - - - - - - - - - - - - - - - - - - - - - - - - - - R a t i o of b i l l s p a y a b l e a n d r e d i s c o u n t s m t h F e d e r a l R e s e r v e B a n k s 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 — — — — — — — — — — — — — — — — C. — — ~ 4,194,062, *F.evi 3ed f i g u r e s . 871,699 80,821 2,139,773 260,271 Released f o r puVLicaticn Friday f e m o r a , 6t« S e p t e m b e r 12, 1 9 2 4 ; not e a r l i e r . u PB1.9UIP.AI, RESOURCE Ai® LIABILITY ITEMS OF ALL BEPCETINC- .'.ELDER 3AHKS IN SAC- EEDEBAL EESEPVE DTSTEIC~ AS JlT CLOSE OF 'BUSINESS, SEPTEMBEP 3 , 1 9 2 4 . ( I n t h ousand s o f d ol 1 a r s ) Kans.Cy. D a l l a s San F r a n . Total Rich. A t l a n t a C h i c a g o S t . L o u i s Minn. Cleve. Phila. B o s t o n New York Fad j r a 1 B e s e w e D i s t r i c t 72 51 66 747 75 36 104 34 25 72 •t-3 108 55 Number of r e p o r t i n g b a n k s IsJlfSi; all sal al ;ll sS ,S d l l i i i i To".:,! loans and d i s c o u n t s 6 9 2 , 6 ) 0 4 , 5 6 6 , 4 0 0 6 6 1 , 9 2 7 1 , 1 4 6 , 5 5 8 4 b 5 , 7S$ 4 1 1 , 2 9 5 1 , 9 0 5 , 5 ^ 5 u 5,761 3,197 £1,779 59,134 31",23b 205,624 7 2 , 9 2 o 2 3 1 , 0 1 9 405,776 2 5 7 , 9 5 5 8,530 11,629 16,53- 147,022 22,997 20,019 38^32 12,134 2,152 1,153 19,400 20,299 9,339 23,360 14,SOS U. S. P r e - w a r bonds 13J23 51,49b' 10,cy2 45,111 27,535 14,760 U. S. L i b e r t y bonds 67,415 6c1,616 50,792 197,994 26,911 9,360 V,; oO 20,598 2,663 2,037 1,102 5h4 10,9.49 2,52; 11,370 >44,581 24,720 56,589 5,06b 3,4b6 121,790 10,793 6,39c 34,532 4,970 5,629 2,12s 1,26^ 14,156 799 7,523 2,384 41,225 374,514 91,813 26,729 60,255 U. S. T r e a s u r y bend 3 U. 3 . T r e a s u r y n o t e s U. ^ r t i i i c a t e s of Indebtedness To O t h e r b e n d s , s t o c k s ann seevriz ijs s 202,679 1,031,409 2 3 ^ , 8 9 5 3 33 , 59 3 »•>,«*> Bessrvd balances witli F . B . i k . 93,692 768,925 ,4,118 Ca^h i n v a u l t 19,o74 72,449 15,067 IS deirand d e p o s i t s Tire 3 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 v i t : i E. P. Bank: S3 c u r ad by XJ.S.Ocvt. o b l i " . All other C. 57,122 230 550,012 5,584,384 729,830 326,910 1,031,733 150,lbl 13,553 16,673 10,909 400 1,442 52,03s 11,461 2,75u 2,930 112,301 29,039 15,025 * m t » 47,057 21,365 4 4 , 9 1 3 2 5 , 4 0 4 12,759 54,937 7,722 6,394 12,169 11,382 9 9 1 , 4 1 8 341,746 274,079 1,726,433 368,350 201,917 4 2 7 , b l 3 2 1 6 , 8 6 0 694,326 179,266 1 8 7 , 1 5 9 543,947 203,557 89,544 1 3 6 , 0 5 1 9 0 , 6 0 4 852 2,400 11,726 4 , 0 9 4 4 , 6 77 11,465 1,924 1,978 1, -jbl 1,526 38,649 2,109 7,031 36,329 10,436 2,685 1,460 5,557 239,083 2,298 1,133 2,467 515 142 707 1,493 6,283 9,582 198,015 196,460 g00,409 4,371,749 7,867,547 1,006,451 12,437,311 26,896 267,320 113,436 1,408,586 16,657 34,635 66,99s 662,065 12,3bb 94,830 160,329 2,633,768 i,>70,6=0 102,477 1,604,373 2 1 , 6 64 280,512 758,539 12,478,161 629,877 4,565,437 5,254 86,005 dOO 1,409 64,575 43,081 St. Re." 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 , S e p t e m b e r 1 2 , 1 9 2 4 ; n o t e a r l i e r . 4225c. „xn™ PRINCIPAL RESOURCE AND LIABILITY VSW3 Number o f OF REPORTING MEMBER BAMS IN F. E. BASK AND BRANCH CITIES AND III OTHER SELECTED C - x ^ o ( i n th-OVisands o f d o l l a r s ) ; Other A l l F. E. s e l e cted c i t i e s Branch c i t i e s Bank c i t i e s C i t y o f Chicago New York C i t y 3 e p t . 3 Aug. 27 S e p t . 3 Aug. 27 S e p t . 3 Aug. 27 S e p t . 3 Aug. 27 S e p t . 3 Aug. 2~ 296 296 196 196 43 US 255 255 67 67 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 : S e c u r e d by U . S . G o v t , o o i i g a b i o n s Secursd by s t o c k s and b e n d s A l l o t h e r l o a n s and d i s c o u n t s 77,512 73,280 1,814,183 1,753>159 2,177,427 2,242,612 25,778 514,093 715:978 25,210 517,129 723:884 135,693 ,232,403 4%:o43 ! 27,723 28,232 31,534 30,26: 133,602 5 2 1 , 6 2 9 5 23,06b 617,717 615,135 3,153,251 ^ C l S j I l 1 . 5 s 6 : 2 i m , 5 7 2 , 3 6 3 1,342,233 1,343,163 T o t a l l o a n s and d i s c o u n t s 2,229,472 2,223,763 1,591,695 1,394,511 U. S. P r e - w a r bonds 40,942 40,945 4,131 4,125 92,113 93,903 74,105 74,197 101,lo2 102,499 U. S . L i b e r t y bonds 592,525 569,577 72,404 72,130 279,932 352,432 339,423 332,136 189,222 183,50b T r e a s u r y bonds 13,536 11,790 3,436 3,610 32,611 31,343 17,086 17,134 17,301 17,081 U. S. 'Treasury n o t e s 325,151 313,480 90,506 89,628 498,033 490,987 115,123 112,858 43,852' 43,562 U. S. C e r t i f i c a t e s o f i n d e b t e d n e s s 33,491 36,570 6,023 5,768 08,446 71,622 13,662 18,992 7,722 8,116 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 725,775 797,995 177,326 176,320 1,497,156 651,819 650,233 484,313 476,429 U. S. T o t a l l o a n s and d i s c o u n t s and i n v e s t m e n t s R e s e r v e b a l a n c e s w i t h £'. R. Bank Cash i n v a u l t Net demand d e p o s i t s Time depo s i t s Government d e ; o s i t s 5,863,542 5,844,403 1,609,790 1,617,924 11,334,441 11,349,66-1 3 , 4 4 5 , 7 5 5 3,429,419 2,740,767 2 , 7 3 5 , 7 1 0 715,093 708,202 173,522 169,421 1 , 1 7 9 , 0 7 3 1,170,469 252,116 254,134 173,154 167,03s 64,159 61,289 28,206 27,716 139,701 135,756 62,269 60,639 78,542 77,417 5,071,763*5,055,017 1,199,959 1,204,327 8,812,098 *8,764,280 2,010,855 1,999,639 1,655,228 1,059,551 709,435 *711,521 393,079 394,099 2,256,993 *2,256,814 1,335,053 1,334,110 973,391 960,198 8,842 57,463 63,400 20,470 23,332 8,072 6,324 6,072 14,037 16,546 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 b y U . S . G o v t , o b l i g a t i o n s All other R a t i o o f 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 t o t o t a l l o a n s and investments, per cent C. 45,725 6,891 -9 2,850 6,130 418 .03 395 .02 49,473 16,415 .6 5,612 14,453 2,057 8,384 .2 * Re v i s e d f i g u r e s . 6,302 18,282 7,045 7,356 16,892 .4 .9 .9 3,205
@FedFRASER