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H.lu'2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) August 4, 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 week ended July 28: Increases of $173 million in loans to banks and $184 million in holdings of Treasury bills; decreases of $187 million in balances with domestic banks, $245 million in United States Government deposits, and $420 million in demand deposits credited to domestic banks; and increases of $468 million in demand deposits adjusted and $242 million in borrowings. Commercial, industrial, and agricultural loans decreased $34 million at all reporting member banks; the principal changes were a decrease of $31 million in New York City and an increase of $8 million in the Kansas City District. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying securities decreased $62 million. Holdings of Treasury bills increased in seven districts and decreased in the others; the principal changes were an increase of $199 million in New York City and a decrease of $52 million in Chicago. Holdings of Treasury notes and of United States Government bonds increased $9 million and $14 million, respectively. Holdings of "other" securities increased $45 million. Demand deposits adjusted increased $229 million in New York City, $148 million in the Chicago District, and $47 million in the Cleveland District. Time deposits increased $44 million. Borrowings increased $120 million in New York City and $63 million in the Chicago District. A summary of assets and liabilities of reporting member banks follows: July A S S E T S Increase or decrease since July 21, July 29, 1954 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 81,445 38,953 39,608 21,524 +334 + 86 + 88 - 34 +1,839 - 428 - 392 -1,119 2,005 875 6,718 699 7,787 - 62 + 1 + 13 +173 - 3 + + + + - U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 34,221 3,045 2,754 6,680 21,742 8,271 +203 +184 - 4 + 9 + 14 + 45 +1,516 + 190 -2,231 +1,240 +2,317 + 751 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 13,952 966 2,573 + 39 + 36 -187 - 442 11 + 258 L I A B I L I T I E S Demand deposits adjusted Time deposits except U* S. Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings 54,949 21,160 2,274 10,516 1,355 613 +468 + 44 -245 -420 + 94 +242 +1,554 +2,574 -3,204 + 939 + 51 - 299 175 112 392 253 205 Total All Boston Districts New York F e d e r a l R e s e r v e D j[ s t r i c t San Minne- Kansas Phila- Cleve- Rich- Atlanta Chicago St. Dallas Frarcjsco Louis apolis City mond land delphia (In millions of dollars) A S SETS 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 81,445 38,953 21,524 3,676 25,740 1,920 13,048 1,110 7,991 3,177 1,675 867 5,716 2,355 1,232 3,176 2,994 ll,l4l 2,602 4,305 1,353 1,392 1,291 680 766 2,679 615 1,422 690 351 3,293 1,430 873 3,407 15,101 1,926 7,568 3,06l 1,299 2,005 31 1,583 40 72 20 14 168 14 4 5 8 46 875 6,718 699 7,787 21 329 10 456 373 872 481 1,977 28 180 21 576 57 535 6 506 73 279 12 411 33 92 4 404 109 605 64 772 22 260 25 371 12 140 2 190 21 212 19 313 87 145 5 399 39 3,069 50 1,412 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds -* - — Other securities 34,221 3,045 2,754 6,680 21,742 8,271 1,441 177 95 150 1,019 315 9,979 1,256 730 1,632 6,361 2,713 1,078 50 108 145 775 424 2,761 115 225 637 1,784 600 5,750 1,035 60 338 114 4l6 271 1,297 590 3,699 1,086 214 589 62 49 149 329 143 1,505 178 123 386 818 358 1,266 147 134 200 785 215 5,871 461 456 1,171 3,783 1,662 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 13,952 966 2,573 1,742 577 68 97 98 4,815 216 142 704 529 50 96 70 932 95 160 88 580 42 372 45 567 48 448 98 2,091 150 285 330 54,949 21,160 2,274 2,873 612 124 17,981 4,643 666 2,347 597 102 3,882 1,707 158 2,353 2,548 687 558 81 94 8,298 7,086 310 10,516 1,355 613 1,980 7,831 337 35 37 89 409 3,092 1,093 284 991 2,867 426 18 21 45 366 532 8 43 75 586 854 14 1 39 344 583 112 33 435 1,100 1,526 1,420 103 98 141 163 291 351 803 996 283 258 519 48 237 61 2,126 119 330 126 446 36 141 4l 228 15 88 19 2,407 2,251 602 704 127 73 7,360 3,160 415 1,686 531 78 963 273 46 1,709 48 79 126 945 647 3 43 37 241 332 3 2 27 126 542 79 177 62 L I A B I L IT I E S Demand deposits adjusted Time deposits except U. S. Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 426 8 24 48 292 # Individual loan items are reported gross, i.e., before deduction of valuation reserves. 593 11 24 40 265 985 2 22 28 290
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