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H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE sfSTEM (For Immediate Release) > , January 14, 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 January 7: An increase of $775 million in reserve balances with Federal Reserve Banks; decreases of $629 million in balances with domestic banks, $807 million in United States Government deposits, and $496 million in demand deposits credited, to domestic banks; and. an increase of $1,370 million in borrowings Commercial, industrial, and agricultural loans decreased in all but the Minneapolis District and a total of $226 million, the largest weekly decrease since April 1949; the principal changes were decreases of $114 million in New York City, $27 million in Chicago, $26 million in the San Francisco District, and $23 million in the Richmond District. Changes according to industry are available in another press release. Loans to brokers and dealers for purchasing or carrying United States Government securities decreased $242 million. Loans to banks increased $299 million. Holdings of Treasury bills decreased $283 million in New York City, and they increased $141 million in Chicago and $6l million each in the Richmond and Kansas City districts; there was a net decrease of $11 million at all reporting member banks. Holdings of United States Government bonds decreased $96 million in New York City and a net of $82 million at all reporting member banks. Holdings of "other securities" decreased $60 million. Demand deposits adjusted decreased in five districts and increased in the other seven; the principal change was a decrease of $199 million in New York City, and there was a net decrease of $173 million at all reporting member banks. Time deposits decreased $54 million. Borrowings increased $431 million in Chicago and $274 million in New York City. A summary of assets and liabilities of reporting member banks follows: Increase or Jan. decrease since 7, Dec. 31, Jan. 9, 1953 1952 1952 ASSETS Loans and investments - total Loans - net Loans - gross Commercial, industrial, and agricultural loans Loans to brokers and dealers for purchasing of 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 (In millions of dollars) +4,381 78,110 -394 -202 +3 ,665 38,490 +3 ,721 -196 39,083 +1,713 -226* 22,980 -242 - 21 + + 133 651 6,005 448 7,134 32,370 4,076 2,401 5,971 19,922 7,250 15,183 996 2,400 - 16 + 3 22 86 342 186 +1,133 + 296 54,475 17,591 2,908 11,145 1,338 1,515 Debits to demand deposit accounts, except interbank and U. S. Government accounts, during week 28,409 * December 31 figures revised. 290 321 467 1,265 +299 + 7* -132 - 11 - 21 - 18 - 82 - 60 +775 + 6 -629 -173 - 54 -807 -496 - 52 +1,370 *$54 J 573': 0 + + + - — — -1,157 4 +1,449 + 420 + 261 + 27 230 + + 769 +1,258 +1 ,136 20 + 62 + 866 iiDD£iXO H1VU JLiJ-ADiiiJ• luaa v^-c nj. Total New All Boston York Districts H 4 21 a) (in 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: 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 Other assets - net L I A B I L I T I E S Demand deposits adjusted Time deposits except Govt. U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS R e s e r v e D i s t r i c t F e d e r a 1 San Phila- Cleve- Rich- Atlanta Chicago St, Minne- Kansas Dallas Francisco City apolis Louis mond land delphia 78,110 3,451 23,992 3,060 1,719 13,285 1,569 2,938 1,234 718 11,194 4,337 2,839 2,667 1,375 744 121 121 6 1,070 9,066 883 467 1,265 2 12 311 985 3 42 13 32 2 8 14 133 651 6,005 448 7,134 32,370 4,076 2,401 5,971 19,922 7,250 15,183 996 2,400 1,501 4 24 281 23 336 1,493 177 133 178 1,005 239 556 71 88 97 1 52 247 23 151 766 242 19 1,830 479 8,356 1,132 96 924 268 75 148 1,258 813 5,906 2,351 359 578 5,425 221 51 110 128 54 575 9 64 444 3 412 2,623 382 332 543 13 76 12 26 97 16 372 1,449 176 136 82 577 83 194 56 54,475 17,591 2,908 11,145 1,338 1,515 2,036 7,182 2,756 554 121 327 32 20 76 377 2,412 3,834 1,478 234 573 2,453 625 162 515 2,115 556 92 719 98 62 532 58 38 264 37 41 234 44 515 114 852 960 3,554 38,490 22,980 17,873 3,007 989 3,162 1,076 439 1,114 2,681 Debits to demand deposit accounts, except 2 8 , 4 0 9 ^ 1,067 12.565 „ interbank and U. S. Govt, accounts # Individual loan items are reported gross. i.e., before deduction 3,213 1,340 619 5,515 2,397 1,469 430 112 442 14 57 41 345 1,366 495 988 98 8 261 7 370 1,652 263 138 289 962 221 8 209 353 711 255 531 51 221 61 8 17 69 519 20 706 5,847 763 415 1,298 3,371 1,010 2,272 130 318 100 7,288 2,935 498 1,768 ,422 644 3,214 1,335 320 852 4 4 14 262 26 332 1,104 200 124 197 583 188 488 36 145 30 1,665 485 92 794 3 73 32 3,154 1,733 1,182 10 1 8 6 18 181 127 12 17 269 178 617 1,558 69 381 172 65 328 139 344 677 161 321 630 250 40 15 320 83 51 19 912 2,291 257 478 57 118 361 1,005 3 57 2 66 7 58 126 3 366 1,232 167 153 211 701 189 657 46 403 101 14,290 7,522 3,218 11 24 7 24 2,790 60 1,484 5,307 478 317 1,029 3,483 1,461 2,231 154 254 275 11 8,383 6,299 336 566 129 2,493 487 97 913 9 86 222 27 115 39 256 60 291 392 1,013 760 478 976 1,068 3,443
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