For immediate r e l e a s e

>_

STATEMENT FOR THE PRESS

.
,
, _
" _ •
Federal Reserve Board
December 31, 1928.

CONDITION OF MEMBER BAMS IN LEADING CITIES
The Federal Reserve B o a r d ' s condition statement of 626 r e p o r t i n g member tanks
i n leading c i t i e s a s of December 26 shows an i n c r e a s e f o r the week of $50,000,000
in loans and d i s c o u n t s , p a r t l y o f f s e t by a reduction of $11,000,000 in investments,
declines of $57,000,000 i n n e t demand d e p o s i t s and of $51,000,000 in Government
d e p o s i t s , and i n c r e a s e s of $20,000,000 i n time d e p o s i t s and of $218,000,000 i n b o r rowings a t Federal r e s e r v e banks.
Loans on stocks and bonds, including U. S. Government o b l i g a t i o n s , were
$103,000,000 above the December 19 t o t a l a t a l l r e p o r t i n g banks, an i n c r e a s e of
$108,000,000 a t r e p o r t i n g banks i n the New York d i s t r i c t being p a r t l y o f f s e t by dec l i n e s in most of the other d i s t r i c t s . "All o t h e r " loans and d i s c o u n t s declined
$32,000,000 a t r e p o r t i n g banks i n the Chicago d i s t r i c t , $19,000,000 in the St.Louis
d i s t r i c t , $12,000,000 i n the Cleveland d i s t r i c t , and $53,000,000 a t a l l r e p o r t i n g
banks.
Holdings of U. S. Government s e c u r i t i e s declined $8,000,000, and of other
bonds, stocks, and s e c u r i t i e s $3,000,000.
Net demand d e p o s i t s i n c r e a s e d $37,000,000 a t r e p o r t i n g banks in the New York
d i s t r i c t , and d e c l i n e d $54,000,000 a t banks in the Chicago d i s t r i c t , $16,000,000
in the Boston d i s t r i c t , $10,000,000 in the San Francisco d i s t r i c t and $57,000,000
a t a l l r e p o r t i n g banks. Time d e p o s i t s inc re ase d $10,000,000 each in the Hew York
and San Francisco d i s t r i c t s and $20,000,000 a t a l l r e p o r t i n g banks.
The p r i n c i p a l changes i n borrowings a t Federal reserve banks f o r the week were
i n c r e a s e s of $157,000,000 a t the Federal Reserve Bank of New York, $25,000,000 a t
Boston, $22,000,000 a t Chicago, and $15,000,000 a t Cleveland, and a d e c l i n e of
$10,000,000 a t San F r a n c i s c o .
A summary of the 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 626 r e p o r t i n g member
banks, together with changes during the week and the year ending December 26
1928, f o l l o w s :
(In thousands of d o l l a r s )
Dec. 2o
Increase or decrease during
Week
Year
Loans and investments - t o t a l
+
+
22,856,719
38,962
1,032,681
Loans and discounts - t o t a l
+
+
16,395,106
49,893
970,549
Secured by U.S.Govt, o b l i g a t i o n s
106,239
6,767
22,014
S'ecured "by stocks and bonds
+ 110,095
+
7,023,487
436,420
All other loans and discounts
+
9,265,380
53,435
556,143
Investments - t o t a l

6,46l,6l3
+
10,931
62,132
U. S. Government s e c u r i t i e s
+
3,056,299
8,059
251,931
Other bonds, stocks and s e c u r i t i e s
3,4o5,3l4
2,872
189,799
Reserve with F. R. Banks
+
1,775,824
66,537
37,319
Cash in v a u l t
328,101
+
+
13,684
10,266
Net demand d e p o s i t s
13,323,952
462,201
57>37
Time d e p o s i t s
+
6,942,053
+
19,665
425,974
Government d e p o s i t s
+
51,284
197,895
5,875
Due from banks
1,186,94s
46,377
29,952
Due to banks
+
3,230,963
21,316
335,581
Borrowings from F.R. banks - t o t a l

918,123

+

217,952

+

Secured by U . S . G o v t . o b l i g a t i o n s
A l l other

455,011

567,153
350,970

4-

117,752
100,200

+
+

238,485
216,526

Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis

+

For immediate r e l e a s e

Federal Reserve Board,
December 27, 1928.

CONDITIO? OF WEEKLY REPORTING 1SL3SR BANKS Il-I CEIITR.1L RESERVE CITIES
(In thousands of d o l l a r s )
Dec. 28
Dec. 26
Dec. 19
1927
1928
1928
•JEW YORK- 43 BANKS
Loans and investments - t o t a l
1x1^9,792 7,433,222 7,223,552
5,624,257

5,513,472

5,334,106

32,77%
2,715,162
2,876,321

40,501
2,598,542
2,874,429

47,719
2,675,960
2,610,427

1,925,535

1,889,446

1,097,334
828,201

1,919,750
1,096,160
823,590

761,207
76,400

7^1,972
73,599

786,284
71,252

ITet demand deposits
Time deposits
Government d e p o s i t s

5,283,250
1,206,681
53,487

5,247,296
1,195,990
67,953

5,543,763
1,045,587
56,84i

Due from banks
Due to banks

110,635
1,153,819

123,650
1,155,343

110,233
1,265,637

280,675

138,600

203,288

171,275
109,400

94,950
43,650

148,350
54,93s

1,109,301
1,659,899
2,322,227
5,091,427

1,030,060
1,749,586
2,331,176
5,110,822

1,373,536
1,333,291
1,005,795
3,717,622

4,537,570
553,857

4,550,896
559,926

2,864,107
853,515

2,079,814
1,621,794

2,090,561

1,956,480

1,634,278

1,479,419

15,064
824,010
782,720

15,958
821,833
796,487

12,273
776,742
690,4o4

458,020

456,283

477,061

193,943
264,077

192,530
263,753

199,237
277,174

189,862
23,374

187,644
21,537

193,815
24,862

1,225,927
689,602
5,903

1,253,327
689,660
7,505

1,275,617
635,646
9,629

Dae from banks
Dae to banks

155,51s
342,155

156,679
332,299

154,859
377,583

Borrowings from F. R. Bank - t o t a l

101,125

75,493
39,236
36,257

21,780

Loans and discounts - t o t a l
Secured by U.S.Government o b l i g a t i o n s
Secured by stocks and "bonds
All other loans and discounts
Investments - t o t a l
U. S. Government s e c u r i t i e s
Other bonds,stocks and s e c u r i t i e s
Reserve with F. R. Bank
Cash in v a u l t

Borrowings from 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
Loans to brokers and d e a l e r s (secured by stocks
and bonds): For own account
For account of out-of-town banks
For account of o t h e r s
Total
On demand
On time

974,245
915,201

CHICAGO - 43 BAMS
Loans and investments - t o t a l
Loans and discounts - t o t a l
Secured by U.S.Govt, o b l i g a t i o n s
Secured by stocks and bonds
All other loans and discounts
Investments - t o t a l
U. S. Government s e c u r i t i e s
Other bonds,stocks and s e c u r i t i e s
Reserve with F. R. Bank
C&sh in v a u l t
Met demand d e p o s i t s
Time deposits
Government deposits

Secured by U. S.Government o b l i g a t i o n s
All other
C.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis

63,068
38,057

13,150
8,630

( S t . 6026a)

For immediate r e l e a s e

^ fc,Q2bb

PRINCIPAL RESOURCES AND LIABILITIES OP ALL REPORTING MEMBER BANKS IN EACH FEDERAL RESERVE DISTRICT AS AT CLOSE OF BUSINESS, DECEMBER 26, 1922.

!

( I n thousands of d o l l a r s )

F e d e r a l Reserve D i s t r i c t

Total

Boston

New York

Phila.

Cleve.

-

Rich. A t l a n t a

Chicago S t . L o u i s

Minn. Kans.Cy. D a l l a s San Fran.

Loans and i n v e s t m e n t s - t o t a l 22,856.,719 1 , 5 2 4 , 4 0 5 8 . 7 8 2 , 2 6 9 1 . 2 4 3 . 2 1 5 2 . 1 9 6 , 0 8 7 6gQ.4lQ 64q.387 3 . 3 4 6 . 4 1 1 715.592 395.895 691.804 500,366 2 . 1 3 0 . 8 %
Loans and d i s c o u n t s - t o t a l

l 6 , 3 9 5 , 1 0 6 1 , 0 9 9 , 6 4 9 6,430,13%

857.636 1 , 4 7 2 , 0 0 3 524.054 5 1 2 , l 6 p 2 . 4 8 2 . 6 5 4 503.428 262,830 448.645 366,590 1 , 4 3 5 , 3 2 3

.-.Secured by US Govt o b l i g .
Secured by s t o c k s & "bonds
All other loans & d i s c t s .

106,239
7,023,487
9,265,380

8,087
35,080
438,906 3,125,008
652,656 3,270,o46

5,652
468,018
383,966

13,427
3,19 2
2,650
20,364
5,903
2,429 ' 3,196
1 959
4 210
653,885 185,241 137,070 1,100,622 216,535 76,130 113,276 94 886
413:910
8o4,69i 335,621 372,440 1,361,668 280,900 184,271 332,173 269,745 1,017,203

Investments - t o t a l

6,461,613

4z4,756 2,352,135

385,599

724,084 156,356 137,227

863,757 212,164 133,065 243,159 133,776

3,056,299
3,4o5,3l4

157,116 1,193,111
267,64o 1,159,024

113,572
272,027

337,531
386,553

71,957
84,399

63,007
74,220

359,775 78,258
503,982 133,906

74,078 120,287
58,987 122,872

9^,71%
39,062

392,893
302,642

1,775,324
328,101

100,924
24,942

79,683
19,792

129,180
37,018

4l,10S
15,268

42,339
13,601

269,111
52,398

26,367
7,222

35,772
11,301

113 879
27 407

U . S . Govt, s e c u r i t i e s
o t h e r bono.s.st.fcs. & s e c u r .
Reserve with F. R. Bank
Cash m v a u l t

EBE:;;

m

830,177
94,692

mm m

48,996
lo,46l

m 11 m i s m - s m - i s

S:S:S S 3

S S 5 S g:S $<&

~ *""• ss $s s» 88 s# as $8 $9; is

Borrowings from ER B k - t o t a l

Number of r e p o r t i n g banks

Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis

58,288
13,999

.695,535

AS S S

s

is .s •»

918,123

63,675

342,946

57,511

97,668

24,074

35,848

166,568

27,494

10,l6l

29,387

626

34

75

46

70

64

31

91

29

24

64

13,492

49,299

43

55

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