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H&4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) January 6, 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 December 30 s Increases of $355 million in loans, $255 millioft in balances with domestic banks, $1*98 million in demand deposits adjusted, and $444 million in demand deposits credited to domestic banks, and a decrease of $311 million in borrowings. Commercial, industrial, and agricultural loans increased in four districts and decreased in the other eight, resulting in a net increase of $27 million at all reporting member banks; the principal changes were increases of $57 million in New York City and $25 million in the Dallas District, and decreases of $19 million in the Atlanta District, $15 million in the San Francisco District, and $11 million each in the Cleveland and St. Louis districts. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying securities increased $231 million. All of the other loan categories showed smaller increases. Holdings of Treasury bills increased $128 million in New York City and $32 million in the Boston District and they decreased $6l million in the Kansas City District, $36 million in the Dallas District, and $34 million in the San Francisco District; there was a net increase of $75 million at all reporting member banks. Holdings of Treasury certificates of indebtedness decreased $1*8 million. Holdings of Treasury notes and of United States Government bonds increased $31 million and $34 million, respectively. Demand deposits adjusted increased $344 million in New York City, $138 million in the Chicago District^ and $29 million each in the Minneapolis and Kansas City districts, and they decreased $54 million in the San Francisco District. Time deposits increased $74 million. Borrowings decreased $111 million in Chicago and $87 million in New York City. A summaiy of assets and liabilities of reporting member banks follows $ Dec. 30,* 1953 A S S E T S Increase or decrease since Dec. 23,** Dec. 31, 1953 1952 (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 81,338 111, 062 lil, 684 23,388 +442 +355 +354 + 27 +1,852 +1,958 +1,986 2 2,247 868 6,480 681 8,020 +231 + 41 + 19 + 11 + 25 + + + + + U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 32,788 2,564 5,296 6,411 18,517 7,488 14,646 1,058 2,964 + 92 + 75 - 48 + 31 + 34 - 5 - 19 + 24 +255 - 179 -1,599 +2,829 56,177 19,506 2,779 11,568 1,292 576 +498 + 74 - 4 +444 + 33 -311 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 245 61 385 530 767 + 367 + + - 97 45 115 + 804 -1,776 + 73 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 * Preliminary (San Francisco District). 0, +1,585 - 986 - 125 + 431 - 118 H.4.2(a) A S S E T S ASSETS AMD LIABILi[TIES OF WEEKLY REPORTING MEMBER BANKS IN Total * F e d e r a New Phila- CleveAll Boston land delphia Districts York (In Loans and investments - total 81,338 41,062 Loans - net# Commercial, industrial, and agr'l loans 23,388 Loans to brokers and dealers for purchasing or carrying securities 2,24? Other loans for purchasing or carrying securities 868 Real estate loans 6,480 Loans to banks 681 Other loans 8,020 3,660 25,683 1,855 14,366 1,069 9,091 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 LEADING CITIES, December 30, 1953 1 R e s e r v e D i s t r :L e t RichSt. Minne- Kansas San * Atlanta Chicago Dallas mond Louis apolis City Franciscc millions of dollars) 3,154 1,716 923 5,749 2,541 1,430 3,231 1,426 652 2,986 1,300 777 11,336 2,648 4,628 1,423 2,945 769 1,421 669 324 3,198 1,341 823 3,377 1,905 1,288 14,895 7,892 3,297 23 1,719 56 83 25 13 252 11 3 8 11 43 25 322 14 436 341 856 528 2,056 26 169 15 562 74 494 1 509 70 265 7 423 38 90 2 4oi 129 559 13 812 18 256 26 360 11 139 2 198 20 191 19 292 80 133 1 409 36 3,006 53 1,562 32,788 2,564 5,296 6,411 18,517 7,488 1,521 209 201 116 995 284 8,965 1,023 1,235 1,264 5,443 2,352 1,096 83 149 137 727 342 2,677 97 549 675 1,356 531 1,570 158 262 302 848 235 1,421 102 281 339 699 265 5,665 1,030 246 49 244 790 1,465 263 3,164 474 1,043 195 611 53 107 153 298 l4l 1,524 220 295 367 642 333 1,274 139 259 200 676 198 5,434 185 924 1,130 3,195 1,569 14,646 1,058 2,964 1,623 556 74 127 92 5,103 250 170 637 566 53 133 63 962 105 179 87 544 82 189 59 541 51 275 61 476 41 163 37 233 16 94 19 592 43 398 44 618 48 600 111 2,201 159 298 302 2,923 18,397 561 3,950 136 867 2,502 453 129 3,994 1,627 186 2,430 647 151 2,212 572 93 7,597 1,694 3,082 507 94 499 955 265 53 2,334 520 113 2,623 629 102 8,516 6,693 356 3,456 1,037 249 1,104 2,783 445 15 18 50 357 592 9 30 73 571 487 10 51 49 280 707 9 22 50 249 1,816 42 94 138 90^ 348 3 9 29 121 980 3 17 34 274 1,006 11 597 116 64 455 1,058 2,254 136 338 111 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 Other liabilities CAPITAL ACCOUNTS 56,177 19,506 2,779 11,568 1,292 576 2,175 7,556 355 35 5 91 403 # Individual loan items are reported gross, i.e., before deduction of valuation reserves. * Preliminary (San Francisco District). 779 2 17 40 232 — — 62 321
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