The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) April 21, 1954 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the x/eek ended April 14: Decreases of $190 million in holdings of Treasury bills and $649 million in United States Govern' ment deposits, and increases of $557 million in demand deposits adjusted and §266 million in demand deposits credited to domestic banks. Commercial, industrial, and agricultural loans decreased in all but txro districts and a total of $156 million at all reporting member banks; the principal changes were decreases of $40 million in New York City, $36 million in the Chicago District, $22 million in the San Francisco District, $20 million In the St. Louis District, and $14 million in the Cleveland District. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying securities increased $123 million. Loans to banks decreased $105 million. Holdings of Treasury bills decreased $131 million in Chicago, $85 million in New York City, and $30 million in the Cleveland District, and increased $39 million in the San Francisco District. Holdings of Treasury certificates of indebtedness increased $4l million. Holdings of Treasury notes decreased $33 million. Holdings of United States Government bonds decreased $63 million in Nexz York City and increased $32 million in the San Francisco District; there was a net decrease of $38 million at all reporting member banks. Demand deposits adjusted increased $225 million in the Chicago District, $139 million in the San Francisco District, $72 million in the Richmond District, but they decreased $60 million in the Philadelphia District. Time deposits increased $50 million. Borrowings decreased $103 million in Chicago and $142 million at all reporting member* banks. A summary of assets and liabilities of reporting member banks follows: Apr. nt, 1954 Increase or decrease since Apr. 15, 1953 %sZ* [in millions of dollars) Loans and investments - total Loans - net Loans - gross Commercial, industrial, and agricultural loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 78,742 39,406 40,045 22,558 -336 -124 -124 »156 +1,,817 188 158 729 1,799 82 8 6,542 567 7,751 +123 + + TJ« S, Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 31,296 2,296 2,908 4,608 21,486 8,038 14,041 965 2,670 + 35 + 79 +123 +1.,676 + 464 + 793 -1.,185 ,604 + 329 533 + 49 + 162 \ L I A B I L I T I E S Demand deposits adjusted Titae deposits except Government V. S. Government deposits Interbank demand deposits 1 Domestic banks ' Foreign banks Borrowings 52,933 20,254 2,687 10,669 1,265 505 +557 + 50 -849 +266 + 16 -142 609 +2,083 62 + + 475 50 557 + 10 -105 + 4 -220 -190 + 41 - 33 » 38 + 8 * 43 21 332 135 40 E.4.2(a) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES, April 14, 1954 Total Federal Reserve D 1 strict New Phila- Cleve- RichSt. IMinne- Kansas All San Boston Atlanta Chicago Districts York delphia land mond Louis|apolis City Dallas Francisco (In millions of dollars) ASSETS Loans and investments - total Loans - net # Commercial, industrial, and agr'l loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 78,742 39,406 22,558 3,523 24,580 3,077 1,848 13,287 1,675 1,070 8,646 901 5,558 3,127 2,435 1,402 1,342 645 2,976 10,844 2,528 1,371 3,124 3,365 14,669 1,280 4,453 1,353 694 1,361 1,937 7,681 706 827 1,308 3,129 769 2,863 352 1,799 24 1,359 49 65 21 14 192 14 3 5 11 42 828 6,542 567 7,751 24 312 25 429 332 862 352 1,963 24 166 18 554 59 508 6 506 . 68 266 6 413 34 86 2 396 118 574 30 766 21 255 21 354 14 138 2 194 20 199 22 301 78 136 22 399 36 3,040 61 1,476 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 31,298 2,296 2,908 4,608 21,486 8,038 1,372 136 89 116 1,031 303 2,555 1,488 82 116 152 277 228 474 1,722 992 568 237 1,430 125 198 256 851 266 5,295 234 460 1,017 3,584 1,096 985 67 159 178 581 190 535 1,436 1,218 202 121 33 182 170 51 246 122 154 806 329 773 142 210 327 5,374 284 478 914 3,698 l,6l4 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 14,041 965 2,670 1,657 549 65 95 95 536 80 199 63 486 48 275 62 2,113 121 328 120 443 36 147 38 213 15 79 18 588 47 470 101 2,035 148 296 318 3,692 2,391 1,684 675 140 216 2,177 588 88 7,057 1,610 520 3,122 469 97 883 2,237 2,445 682 269 539 106 107 51 7,996 6,901 342 447 7 7 49 289 666 10 12 45 261 1,688 43 88 134 925 321 3 19 27 123 946 9 2 48 333 572 118 16 435 1,086 8,569 1,041 822 74 593 99 818 85 6,336 783 361 2,724 5,016 221 162 650 537 51 105 66 950 93 159 83 575 40 355 43 L I A B I L I T I E S Demand deposits adjusted Time deposits except Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 52,933 20,254 2,687 10,669 1,285 505 2,020 7,722 2,742 17,363 2,340 480 591 4,203 122 815 134 327 29 11 89 404 3,107 1,037 256 1,009 2,839 450 17 23 44 360 541 8 46 74 582 # Individual loan items are reported gross, i.e., before deduction of valuation reserves. 676 2 14 36 237 928 2 11 30 283
@FedFRASER