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H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) April 8, 1953 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 week ended April 1: Decreases of $894 million in holdings of Treasury bills, $794 million in reserve balances with Federal Reserve Banks# and $1,473 million in demand deposits adjusted, and an increase of $44-9 million in demand deposits credited to domestic banks. Commercial, industrial, and agricultural loans decreased $26 million in New York City, $14 million in the St. Louis District, $9 million in Chicago, and by smaller amounts in most of the other districts; there was a net decrease of $60 million at all reporting member banks. Changes according to industry appear in another release. "Other loans" increased $ 5 8 million. Holdings of Treasury bills decreased in all but one district; the principal decreases were $420 million in Chicago, $202 million in New York City, $55 million in the San Francisco District, $39 million in the Dallas District, and $37 million in the Kansas City District. Holdings of Treasury certificates of indebtedness and of Treasury notes decreased $39 million and $62 million, respectively. Holdings of United States Government bonds decreased $73 million in Chicago, $40 million in New York City, and a total of $108 million at all reporting member banks. Holdings of "other securities" increased $63 million. Demand deposits adjusted decreased $1,148 million in Chicago, $ 9 8 million in the Dallas District, $95 million in the Boston District, and $84 million in the San Francisco District, and they increased $143 million in New York City. Time deposits decreased $35 million. United States Government deposits decreased $238 million at all reporting member banks. Borrowings decreased $137 million in Chicago, $90 million in New York City, and a total of $232 million at all reporting member banks. A summary of assets and liabilities of reporting member banks follows: Apr. 1, 1953 A S S E T S Increase or decrease since March 25, April 2, 1952* 1953 (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 76,827 39,647 40,256 23,269 + + 1,561 808 6,176 777 + + + + + U. 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 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 - - 981 59 58 68 48 16 +2,803 +4,482 +4,533 +1,924 + 276 3 1 58 + 122 + 441 + 235 +1,535 29,547 1,701 2,130 5,835 19,881 7,633 14,038 883 2,635. -1,103 894 39 62 108 + 63 -2,057 -1,764 -1,545 - 137 +1,389 + 378 51,802 18,087 4,126 10,092 1,310 1,009 -1,473 35 7,665 - + - + + - 794 48 317 238 449 4 232 - 606 + - 44 57 54 +1,236 + 245 - 330 + 59 + 544 * This column was omitted in recent weeks because year-ago figures comparable to the series as revised March 4, 1953 were not available. Comparable figures have now been assembled, and the year-ago comparisons are, therefore, being resumed. Total All Boston Districts F e d e r Ei 1 New York Philadelphia A S S E T S 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 U. 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 Other assets - net 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 R e s e r ir e Cleve- Richland mond San St. Minne- Kansas Atlanta Chicago Louis apolis City- Dallas Francisco (In millions of dollars) 3,110 1,392 647 2,863 1,248 923 5,610 2,596 1,513 726 10,384 4,290 2,825 2,493 1,347 709 1,335 657 342 3,040 1,352 842 3,108 1,764 1,180 14,249 7,685 3,223 1,216 44 50 12 14 140 14 2 9 10 31 293 71 469 68 474 90 259 9 391 34 95 12 389 116 527 11 752 19 255 36 331 9 130 519 2,013 22 144 6 503 22 183 25 283 69 134 7 383 33 2,871 42 1,582 7,688 344 252 1,242 1,055 42 79 131 2,477 154 303 571 1,449 537 959 90 166 1,491 143 125 1,363 112 192 341 718 5,022 221 308 1,252 3,241 1,072 1,844 961 521 21 34 123 343 157 206 14 83 1,364 191 172 318 1,164 5,060 189 297 1,015 2,189 491 140 2,400 518 160 7,923 6,401 428 829 807 504 134 179 462 1,030 76,827 39,647 24,025 13,835 9,198 3,031 23,269 3,579 1,871 1,141 1,561 19 808 30 293 42 381 6,176 777 7,665 29,547 1,701 2,130 5,835 19,881 7,633 14,038 883 2,635 1,512 51,802 18,087 4,126 10,092 1,310 1,009 2,124 7,345 1,381 88 105 159 1,029 327 586 62 816 5,850 2,502 5,104 192 339 1,610 803 366 285 938 227 552 74 175 53 588 553 47 127 58 2,810 575 246 17,616 3,226 1,320 2,319 453 203 3,764 1,564 383 2,357 285 28 2,872 1,047 506 19 75 395 1,130 2,749 396 14 39 42 350 420 10 31 41 117 89 288 86 7 63 68 556 636 201 268 # Individual loan items are reported gross, i.e., before deduction of valuation reserves. D i s t r i c t 252 499 45 229 60 112 276 99 91 111 191 568 185 454 34 141 31 — — 183 18 2,102 563 1,554 857 118 5,911 2,910 720 143 64 608 9 13 43 240 1,940 44 219 116 855 631 4 294 2 39 24 116 490 65 42 224 260 683 324 570 36 294 44 2 44 29 260 105 152 207 700 180 608 42 403 97 9 10 52 302 3,559 1,504 2,103 135 285 289
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