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H.4.2 BOARD OP GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) February 25, 1953 CONDITION OF WEEKLY REPORTING MEMBER BANKS IK LEADING CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended February 18: An increase of $341 million in loans to banks; decreases of $189 million in holdings of United States Government securities, $543 million in demand deposits adjusted, and $198 million in borrowings; and increases of $645 million in United States Government deposits and $259 million in demand deposits credited to domestic banks, Commercial, industrial, and agricultural loans decreased $ 3 8 million in New York City, $18 million in the Cleveland District, $14 million in Chicago, $10 million in the San Francisco District, and a total of $99 million at all reporting member banks. Changes according to industry are available in another press release Holdings of Treasury bills decreased $52 million. Holdings of Treasury certificates of indebtedness decreased $147 million in New York City, $60 million in the Chicago District, $26 million in the San Francisco District, and a total of $266 million at all reporting member banks. Holdings of United States Government bonds increased in most districts and a total of $134 million; the principal increases were $31 million in the Chicago District outside of Chicago, $27 million in New York City, and $21 million in the San Francisco District. Holdings of "other securities" increased $120 million, of which $60 million was in New York City. Demand deposits adjusted decreased in all but one district; the principal decreases were $189 million in the Chicago District, $75 million in the Boston District, $64 million in the San Francisco District, and $42 million in the Cleveland District. United States Government deposits increased in all districts. Borrowings decreased $125 million in the Chicago District and $56 million in the Cleveland District. A summary of assets and liabilities of reporting member banks follows: - A S S E T S "Loans and investments - total Loans - net Loans - gross Commercial, industrial, and agricultural loans Loans to brokers and dealers for purchasing or carrying: U. S. Government obligations Other securities Other loans for purchasing or carrying: U. S. Government obligations Other 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 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 Debits to demand deposit accounts, except interbank accounts, during week Digitized for and FRASER U. S. Government Increase or decrease since Feb. 20. Feb. 11, 1952 , 1953 (In millions of dollars) +3,547 +149 77,051 +3,863 +218 38,496 +218 +3,915 39,092 +1,567 22,715 - 99 Feb. 18, 1953 350 1,199 - 75 + 26 + + 132 659 6,043 727 7,267 31,089 3,172 2,253 5,863 19,801 7,466 14,717 906 2,435 - 1 - 3 + 11 +341 + 18 -189 - 52 -266 - 5 +134 +120 - 55 - 29 +160 + 31 + 98 + 384 + 172 +1,262 - 884 - 681 -1,577 85 +1,459 + 568 34 + 16 + 72 53,066 17,671 3,654 10,378 1,253 1,212 -543 + 17 +645 +259 + 5 -198 + 509 +1,263 + 630 + 394 + 32 + 308 30,383 92 309 ASSETS AND LIABILITIES OF WEEKLY REPORTING" MEMBER BANKS IN LEADING CITIES, February I8> 1953 F e d e r a l Res erve D i s t r i c t Total San PhilaNew Icieve- Rich- Atlanta Chicago St. Minne- Kansas Dallas All Boston Francise City apolis Louis delphia York mond 1 land Districts (In millions of dollars) A S S E T S 2,956 10,975 2,635 1,365 3,178 3,136 14,165 5,489 3,178 3,366 23,605 3,003 77,051 Loans and investments - total 7,520 634 1,332 1,765 1,222 4,295 1,381 2,438 1,335 1,724 13,293 1,557 38,496 Loans - net# 1,191 843 3,173 606 323 711 2,731 737 1,452 1 , 0 8 7 8 , 9 8 3 878 Commercial, industrial, and agr'l loans 22,715 Loans to brokers and dealers for purchasing or carrying: 6 129 3 2 11 19 177 350 3 U. S. Government obligations 24 12 8 2 8 14 9 109 41 37 12 923 1,199 Other securities Other loans for purhcasing or carrying: 4 1 24 5 11 5 7 1 12 13 4 45 132 U. S. Government obligations 24 8 18 80 26 80 13 59 22 246 24 59 659 Other securities 182 2,815 128 129 261 524 260 446 96 150 6 , 0 4 3 279 773 Real estate loans — 18 6 15 55 47 6 24 8 53 16 479 727 Loans to banks 1,514 l8l 368 272 721 325 438 376 379 478 1,883 332 7,267 Other loans 1,480 576 1,521 1,197 5A59 5,582 1,070 2,544 1,614 7,895 1,079 1,372 31,089 U. S. Government securities - total 331 137 178 45 317 623 250 195 296 641 67 92 3,172 Treasury bills 200 292 120 152 56 211 136 353 228 319 109 77 2,253 Treasury certificates of indebtedness 216 1,015 124 323 1,284 195 287 354 l4o 1,210 554 161 5,863 Treasury notes 681 3,521 692 351 3,322 720 577 941 1,375 1,010 5 , 8 1 6 795 19,801 U. S. bonds 1,486 174 184 325 1,098 155 254 229 507 367 2,417 270 7,466 Other securities 2,084 622 236 2,188 599 526 475 564 563 975 5,329 556 14,717 Reserves with Federal Reserve Banks 44 14 139 39 117 47 35 78 91 62 47 193 906 Cash in vault 408 318 252 130 72 181 234 l4o 335 120 151 94 2,435 Balances with domestic banks 102 277 47 60 17 109 56 33 89 602 57 1,544 95 Other assets - net L I A B I L I T I E S 8,003 858 2,284 2,439 7,090 1,601 2,131 3,741 2,388 2 , 6 6 3 17,564 2,304 53,066 Demand deposits adjusted 498 6,329 498 479 259 560 2,927 627 1,490 432 3,018 554 17,671 Time deposits except Govt. 426 122 80 124 151 744 284 117 203 1,068 176 159 3,654 U. S. Government deposits 828 519 716 903 1,672 315 689 469 436 550 2,991 290 Interbank demand deposits: Domestic banks 10,378 110 10 6 2 4 41 8 14 9 1,009 9 31 1,253 Foreign banks 82 79 91 35 45 274 102 36 51 368 12 37 1,212 Borrowings 61 451 44 48 127 27 43 44 43 71 1,165 84 2,208 Other liabilities 1,000 296 224 116 849 259 238 267 538 347 2,697 380 7,211 CAPITAL ACCOUNTS 8.4.2(a) Debits to demand deposit accounts, except 1,015 1,819 1,138 30,383 1,193 12,503 1 , 0 8 5 interbank and U. S. Govt, accounts # Individual loan items are reported gross, i.e., before deduction of valuation reserves. 4,354 829 474 1,185 1,099 3,689
@FedFRASER