The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) February 3, 1954 CONDITION OF WEEKLY REPORTING MEMBER BANKS tN LEADING CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended January 2?: An increase of $313 million in holdings of Treasury bills, decreases of $634 million in reserve balances with Federal Reserve Banks, $301* million in balances with domestic banks, and $911 million in demand deposits credited to domestic banks, and an increase of $211 million in borrowings. Commercial, industrial, and agricultural loans decreased in all but the San Francisco District and a total of $184 million at all reporting member banks; the principal decreases were $91 million in New York City, $28 million in Chicago,and $16 million in the Cleveland District. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying securities decreased $50 million. Loans to banks increased $165 million. H.4.2 Holdings of Treasury bills increased $313 million in New York City and decreased $53 million in the Chicago District outside of Chicago. Holdings of Treasury certificates of indebtedness decreased $54 million in New York City, $42 million in the San Francisco District, $25 million in the Dallas District, and a total of $131* million at all reporting member banks. Holdings of Treasury notes increased $81 million and holdings of United States Government bonds increased $40 million. Demand deposits adjusted increased in only two districts, but there was a net increase of $25 million at all reporting member banks; the principal changes were an increase of $390 million in New York City and decreases of $111 million in the Chicago District outside of Chicago, $85 million in the San Francisco District, $5o million in the Boston District, and $1*7 million in the Richmond District. Time deposits increased $6l million. Borrowings increased $105 million in New York City and by smaller amounts in eight of the other districts. A summary of assets and liabilities of reporting member banks follows: Jan. 27, 1954 Increase or decrease since Jan. 20, Jan. 20, 1953 1954 (In millions of dollars) 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 securities Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 80,070 39,239 39,875 22,502 +232 - 81 - 83 -184 +1,757 + 552 + 587 - 509 1,583 858 6,480 525 7,927 - 50 - 1 - 4 +165 - 9 + + + + + U» S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U . S . bonds Other securities 33,287 3,048 4,942 6,543 18,754 7,544 +300 +313 -134 + 81 + 40 + 13 +1,144 - 662 +2,484 + 568 -1,246 + 61 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 14,525 979 2,699 -634 + 18 -304 + + 56,115 19,599 2,027 10,766 1,271 453 + 25 + 61 - 88 -911 + 25 +211 + 569 +1,718 - 532 + 608 43 - 973 40 59 360 45 592 585 1 355 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 ASSETS AM) LIABILITIES OF WEEKLY REPORTING MEMBER B A M S IN LEADING CITIES, January 27. 1954 F e d e r a 1 R e s e r v e D i s t r i c t Total St. Minne- Kansas San Phila- ICleve- RichNew All Dallas Atlanta Chicago Boston Francisco Louis apolis City delphia 1 land mond York Districts (In millions of do]Liars) E.4.2(a) 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 80,070 39,239 22,502 3,598 24,753 1,802 13,215 8,630 1,031 3,076 1,669 896 5,670 2,462 1,352 3,213 1,385 627 2,983 1,280 766 11,248 2,620 4,338 1,379 2,778 743 1,404 672 331 3,173 1,312 812 3,405 1,900 1,295 14,927 7,825 3,241 1,583 22 1,172 43 77 27 11 152 11 2 8 11 47 858 6,480 525 7,927 26 323 5 431 337 844 423 2,040 26 167 20 553 74 497 1 531 70 264 5 409 37 87 2 398 127 561 4 801 19 256 18 349 11 138 1 198 20 193 2 290 75 132 1 403 36 3,018 43 1,544 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 33,287 3,048 4,942 6,543 18,754 7,544 1,505 180 207 125 993 291 9,127 1,260 1,074 1,301 5,492 2,411 1,067 59 123 129 756 340 1,598 182 246 299 871 230 1,439 112 259 355 713 264 5,861 472 753 1,449 3,187 1,049 1,531 221 278 358 674 330 1,305 152 237 212 704 200 5,546 192 934 1,235 3,185 1,556 541 69 112 92 5,284 225 175 659 544 51 131 63 521 78 183 63 515 47 233 63 2,162 125 357 118 1,048 75 230 260 483 193 470 36 147 37 590 41 100 150 299 142 14,525 979 2,699 1,676 2,670 102 501 670 1,397 538 944 101 165 87 232 15 82 19 569 40 366 44 6l6 48 476 112 2,127 144 272 319 Demand deposits adjusted Time deposits except Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 56,115 19,599 2,027 2,917 563 94 18,304 3,943 599 2,464 456 94 3,985 1,641 134 2,438 666 124 2,213 575 67 7,667 3,092 384 1,696 508 65 935 267 42 2,334 526 86 2,628 639 79 8,534 6,723 259 10,766 1,271 453 2,110 7,608 317 30 3 87 401 3,192 1,014 156 1,084 2,804 405 16 23 47 360 528 8 26 72 573 446 9 47 45 283 655 11 22 45 253 1,745 43 38 132 909 745 2 24 36 234 334 3 21 29 121 915 2 23 30 276 906 14 8 60 323 578 119 62 443 1,071 # Individual loan items are reported gross, i.e., before deduction of valuation reserves.
@FedFRASER