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H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) December 30, 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 December 23: An increase of $23U million in commercial, industrial, and agricultural loans, and decreases of $2^6 million in holdings of Treasury bills, $441 million in demand deposits adjusted, and $350 million in demand deposits credited to domestic banks. Commercial^ industrial, and agricultural loans increased in most districts and the total increase was about the amount of the new issue of Commodity Credit Corporation certificates of interest purchased by weekly reporting member banks; the principal increases were $119 million in the Chicago District, $29 million in the Kansas City District, $23 million in the Cleveland District, and $17 million in the San Francisco District. Changes in commercial and industrial loans, according to industry, appear in another press release. Loans to brokers and dealers for purchasing or carrying securities decreased $120 million, and loans to others for the same purpose increased $70 million. The decreases in holdings of Treasury bills were largely in New York, Chicago, and the San Francisco District. Holdings of Treasury notes and of United States Government bonds decreased $59 million and $26 million, respectively. Holdings of "other" securities increased $35 million. Demand deposits adjusted decreased $381 million in New York City, $86 million in the San Francisco District, $32 million in Chicago, and $28 million in the Kansas City District, and they increased $38 million in the Philadelphia District and $24 million in the Cleveland District, Time deposits increased $57 million. Borrowings increased $169 million in the Chicago District but they decreased $97 million in New York City. A summary of assets and liabilities of reporting member banks follows: Dec. 23,* 1953 Increase or decrease since Dec. 16, Dec. 24, 1952 1953 (In millions of dollars) ASSETS -18U +129 4-130 +234 +1,071 +1,386 +1,440 - 130 -120 + + + + + -348 -256 - 7 - 59 + 35 - 403 -1,847 +2,888 + 308 -1,752 + 88 111,637 1,032 2,700 -184 - 35 - 79 -1,155 + 66 + 176 55,64U ip,Uolt 2,776 11,125 1,263 878 -U41 + 57 +177 -350 - 23 +124 + 196 + - 961 87 107 946 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 80,874 U0,689 U, S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 32,688 2,489 5,341 6,380 18,478 7,497 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 23,36a 2,015 827 <cia °^6 8,000 + + 70 13 68 27 - 26 231 48 364 128 799 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 Digitized for * FRASER Preliminary (San Francisco District). +1,620 -ITIES OF WEEKLY REPORTING MEMBER BAMS IN F e d e r a Total * Phila- CleveNew All Boston land delphia York Districts (in LEADING CITIES, December 23, 1953 1 R e s e r ve D i s t r i c t San * Rich- Atlanta Chicago St. Minne- Kansas Dallas Francisco City Louis apolis mond 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 securitie s Real estate loans Loans to banks Other loans 80,874 40,689 23,364 3,629 25,104 1,875 13,908 9,032 1,075 3,162 1,747 924 5,739 3,230 2,544 1,427 1,441 654 3,037 11,283 2,684 1,412 3,268 3,399 672 1,346 1,885 1,331 4,602 1,441 824 1,263 780 323 2,937 796 14,927 7,911 3,315 2,015 24 1,525 55 80 24 13 219 10 2 9 12 42 827 6,46o 646 8,000 25 315 42 429 323 861 336 2,054 26 169 48 560 69 494 65 265 12 423 37 88 16 403 126 558 29 815 19 256 42 351 4 123 31 198 20 191 24 290 77 136 9 405 36 3,004 51 1,568 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 1,469 32,688 2,489 177 197 5,341 6,380 - 107 988 18,478 285 7,497 8,848 887 1,292 1,255 5,414 2,348 1,072 68 136 132 736 343 1,566 144 89 265 549 672 299 858 1,356 237 529 1,442 104 284 355 699 264 599 1,585 1,314 281 50 175 260 103 295 208 152 369 640 671 294 200 141 337 5,439 219 921 1,116 3,183 1,577 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 14,637 1,032 2,700 1,602 583 75 106 94 5,135 259 156 622 551 52 130 59 568 78 190 59 517 48 245 62 608 46 539 112 2,169 150 276 302 2,941 18,043 3,923 559 876 134 2,495 456 131 3,966 2,443 646 1,619 186 147 2,218 571 92 7,459 1,716 504 3,070 499 95 926 2,305 2,597 626 264 519 102 110 55 8,535 6,647 349 491 8 62 49 279 681 11 37 50 249 1,744 45 237 138 907 356 1,009 3 7 28 15 34 30 120 275 961 11 21 65 321 587 118 55 475 1,058 6 504 950 99 164 84 5,641 1,047 64 231 245 794 1,456 259 3,160 479 1,040 196 2,267 131 309 109 468 38 149 36 244 15 83 19 577 41 353 44 L I A B I L I T I E S 55,644 19,404 2,776 Demand deposits adjusted Time deposits except Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 11,125 1,263 878 2,202 7,553 330 28 - - 92 403 3,197 1,007 346 1,103 2,781 441 15 9 49 358 561 8 49 77 570 # Individual loan items are reported gross, i.e., before deduction of valuation reserves. * Preliminary (San Francisco District). i 767 2 19 40 232
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