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STATEMENT FOB THE ERUSS s t . 5515 I'ecLeral Reserve Board, September 26, 1927• For immediate r e l e a s e CONDITION OF V&Wm BASES I.t LEiDIKG CITIES The f e d e r a l Reserve B o a r d ' s c o n d i t i o n s t a t e m e n t of 360 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 September 21, sliowg i n c r e a s e s f o r t h e week of $46,000,000 i n l o a n s and d i s c o u n t s , $101,000,000 i n i n v e s t m e n t s , "3-'3,000,000 i n Government d e p o s i t s and $46,000,000 i n b o r r o w i n g s from t h e F e d e r a l r e s e r v e b a n k s , t o g e t h e r " ' i t h a r e d u c t i o n of t 3 2 5 , 0 0 0 , 0 0 0 i n n e t demand d e p o s i t s . The p r i n c i p a l c n a n ^ e s i n l o a n s 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 , comprise d e c l i n e s of $24,000,000 i n t h e Mew York d i s t r i c t pnd $ 9 , 0 0 0 , 0 0 0 i n t h e Kansas C i t y d i s t r i c t and an i n c r e a s e of $ 1 4 , 0 0 0 , 0 0 0 i n t h e Cleveland d i s t r i c t . " I l l o t h e r " l o a n s and d i s c o u n t s i n c r e a s e d $ 6 5 , 0 0 0 , 0 0 0 , of which $54,000,000 v/as r e p o r t e d by banks i n t h e lew York 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 were $104,000,000 above t h e September l 4 t o t a l , a l l d i s t r i c t s e x c e p t Chicago r e p o r t i n g i n c r e a s e s . Of t h i s i n c r e a s e '$20,000,000 was 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 , $19,000,000 i n t h e Hew York d i s t r i c t , $16,000,000 each i n t h e B o s t o n a n d San F r a n c i s c o d i s t r i c t s .and $12,000,000 i n t h e Cleveland d i s t r i c t . &et demand d e p o s i t s d e c l i n e d $325,000,000 d u r i n g t h e week, t h e p r i n c i p a l r e d u c t i o n s by d i s t r i c t s b e i n g : Few York $152,000,000, Chicago $ 6 4 , 0 0 0 , 0 0 0 , San F r a n c i s c o $ 2 1 , 0 0 0 , 0 0 0 , C l e v e l a n d $ 1 6 , 0 0 0 , 0 0 0 , Kansas C i t y 1 5 , 0 0 0 , 0 0 0 , and Boston and S t . L o u i s $ 1 4 , 0 0 0 , 0 0 0 e a c h . U n i t e d S t a t e s Government d e p o s i t s , on account of t h e Government f i n a n c i n g on September 15, i n c r e a s e d S343,000,000, a l l d i s t r i c t s e x c e p t Y i n n e a p o l i s and Kansas City r e p o r t i n g s u b s t a n t i a l i n c r e a s e s . Borrowings 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 * 4 6 , 0 0 0 , 0 0 0 , t h e Hew York and San F r a n c i s c o d i s t r i c t s r e p o r t i n g an i n c r e a s e of Hl4,000,000. e a c h . 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 660 r e p o r t i n g member banks t o g e t h e r w i t h c h a n g e s 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 21, 1927, follows: ( I n t h o u s a n d s of d o l l a r s ) September 21 Loans and i n v e s t m e n t s - t o t a l 20,932,750 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 + 1^6,788 + 1,052,956 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 a:ad bonds A l l o t h e r l o a n s and di s c o u n t s 14,892,467 + 45,512 + 633,603 + 4- + 24,820 454,529 203,894 + 419,353 75,86l 343,492 1927 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 ?3-iid 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 Met 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 banks Borrowings from F. 3 . 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 C. 122,002 5,992,154 8,778,311 - + 3,496 22,610 54,626 6,040,283 4* 101,276 + 103,774 4- 2,498 + 293 + 2,588,181 3,452,102 1,704,506 259,995 13,219,569 6,291,935 350,997 1,184,156 3,341,822 - — 11,637 46,291 17,895 324,742 •4- 320,082 + 5,328 + 342,835 + + 629,990 92,270 — 63,609 - 71,744 269,716 + 45,553 159,996 + + 14,217 31,335 109,720 - 186,306 - 76,211 110,095 F e d e r a l He s e r v e Board September 2 2 , 1 9 2 7 • For i m m e d i a t e r e l e a s e CONDITIO'! 07 VTTEKLY REPORTING yS"BER B V.T1S I"T CT: TTRAL BESERVE CITltiS ( i n t h o u s a n d s of a c l l " r s ) YORK- 52 BMICS S e p t . 21 Sept. l 4 S e o t . 22 1927 1927 1926 Loans and i n v e s t m e n t s - t o t a l 6,734,202 6,701,784 6,177,015 Loans and d i s c o u n t s - t o t a l 4,936,303 4,907,757 4,444,957 32,442 2,220,680 2,677,121 34,629 2,249,036. 2,624,092 47,725 2,012,731 2,324,441 1,792,499 1,794,027 1,732,058 894,807 903,692 279,085 914,942 890,499 716,086 56,937 714,225 59,732 698,663 Mot 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 5,177,275 992,849 126,934 5,324,866 1,002,300 886 4,951,193 824,135 53,096 Due f r o m b a n k s Due t o b a n k s 108,934 1,121,112 87,294 1,182,065 1,008,531 74,110 41,050 33,060 59,420 42,000 17,420 1,067,675 1,305,934 1,037,978 1,298,782 912,491 3,249,251 S e c u r e d by U.S.Government o b l i g a t i o n s S e c u r e d b y s t o c k s and b o n d s -111 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 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 R e s e r v e b a l a n c e s with. F . R. Bank Cash i n v a u l t Borrowings from R. Bank - t o t a l S e c u r e d by 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 ) : Tor own a c c o u n t ,7or a c c o u n t of o u t - o f - t o w n b a n k s Tor a c c o u n t of o t h e r s Total On demand On t i m e 910,141 3,283,750 2,478,124 241,559 63,032 102,506 137,105 80,315 56,790 931,374 1,132,094 698,964 2,762,432 805,626 202,512 2,042,828 719,604 Loans and i n v e s t m e n t s - t o t a l 1,837,481 1,249,197 1,729,491 Loans and d i s c o u n t s - t o t a l 1,439,789 l,44o,024 1,406,838 13,737 748,643 677,409 15,066 743,500 681,458 14,118 677,512 715,208 397,692 409,173 322,653 174,227 223,465 186,518 167,170 215,483 120,555 12,546 182,497 12,925 173,397 1,232,411 556,074 1,273,274 556,642 597 1,230,152 516,623 361,873 159,400 371,502 148,107 367,312 5,932 15,499 13,936 4,761 14,753 746 9,915 4,021 2,446,739 CHICAGO - 45 BAMS S e c u r e d b y U. S. Government o b l i g a t i o n s S e c u r e d b y s t o c k s and b o n d s All o t h e r l o a n s and d i s c o u n t s Investments - total U. S. Government s e c u r i t i e 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 R e s e r v e b a l a n c e s " ' i t h F. R. Bank Cash i n v a u l t Met 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 B o r r o w i n g s f r o m F . R. Bank - t o t a l S e c u r e d b y U.S.Government o b l i g a t i o n s All other 22,677 222,655 147,029 1,171 ( s t . 5515a) 20,316 15,149 f o r immediate r e l e a s e S t . 5515b PRINCIPAL PJSSOURCES A:!D LIABILITIES OF ALL REPORTING MsTffiER BANIwS IN E-1CH F5DSEXL RESERVE DISTRICT AS AT CLOSE OF BUSINESS, SEPTSlffiER 2 1 , 1 9 2 7 . ( i n t h o u s a n d s of d o l l a r s j F e d e r a l Reserve D i s t r i c t Total Boston 2Tev; Yoiv: Fhila. C l e v o . R . c h . A t l a n t a C.iica^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 . Loans and i n v e s t m e n t s - t o t a l 20,932,750 1 , 4 8 5 , 5 6 1 7 , 8 4 8 , 6 1 8 1,223,653 2,116,317 699,860 614,894 3 , 0 1 6 , 2 8 4 707,061 365,686 629,381 421,436 1,805,999 Loans and d i s c o u n t s - t o t a l l4,892,467 1,026,715 5,601,076 816,656 1 , 4 2 6 , 8 5 5 531,584 494,849 2 , 2 3 0 , 3 1 2 508,715 246,486 417,981 325,520 1 , 2 6 5 , 7 1 3 S e c u r e d by U . S . G o v t , o b l i . S e c u r e d b y s t o c k s and b o n d s All o t h e r loans & d i s c o u n t s 122,002 5,992,154 8,778,311 6,377 40,783 381,370 2,537,823 638,96s 3,022,470 9,837 412,428 394,391 13,514 3,402 <5,041 19,047 4,551 2,292 2,910 3,938 611.355 156,573 116,332 965,779 205,771 76,069 125,112 79,107 796,986 371,604 373,426 1,245,486 298,393 162,125 238,931 243,503 936,02s 6,040.283 456,846 2,247,542 406,997 689,462 162,276 1 2 0 , 0 4 5 7 3 5 , 9 7 2 1 9 8 , 3 4 6 1 1 9 , 2 0 0 211,400 95,916 540,231 U.S.C-overnment s e c u r i t i e s Other b o n d s , s t o c k s & s o c u r . 2,538,181 3,452,102 153,749 995,655 303,097 1,251,357 103,Si6 298,381 301,353 333,109 79,403 83,873 57,162 62,383 309,406 476,566 124,430 63,108 100,885 56,092 110,515 65,953 29,963 261,306 Reserve b a l a n c e s v/ith F.R.Bk. Cash i n v a u l t 1,704,506 259,995 776,446 70,294 83,971 15,615 134,316 30,216 43,013 4o,S54 24,754 30,811 9,444 111,622 10,363 256,449 13,296 797,188 925,336 Investments - t o t a l ? e t 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 Due t o b a n k s 46,740 7,687 5,786 56,773 11,794 918,875 5,754,036 483,197 1,475,862 134,253 33,430 779,699 1,037,728 392,988 327,579 1 , 3 1 9 , 2 0 0 394,305 226,533 489,475 281,913 266,174 926,408 233,747 236,283 1 , 1 1 6 , 2 9 4 235,618 125,551 157,421 1 1 0 , 0 3 3 12,182 4,407 34,876 8,277 1,631 34,837 25,473 12,174 17,323 1,124,156 3,341,822 149,031 59,425 146,750 1,244,931 59,625 178,461 269,716 S e c u r e d by U. g. Gov 1 1. o b l i t o . All other 660 44,566 13,219,569 6,291,935 350,997 Borrowings from F . R . B k . - t o t a l l u m b e r of r e p o r t i n g b a n k s 98,757 18,593 73,916 100,647 57,304 35,241 245,802 122,421 126,409 228,668 50,970 510,267 132,186 64,915 59,385 108,381 9 9 , 5 1 7 210,269 1 1 0 , 5 2 5 5,310 324,380 278,975 21,84i 32,129 160,564 214,284 21,722 95,253 l4,4si 33,627 13,425 16,105 19,371 19,595 1,500 7,333 3,315 23,484 159,996 11,290 8,135 6,346 26,715 6,912 6,175 7,250 1,500 12,703 15,311 4,560 11,34s 10,432 59,701 35,552 3,402 109,720 3,850 3,488 2,130 1,135 13,095 36 So 48 71 67 33 97 31 65 45 57 8,247 24 10,339
@FedFRASER