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H.l*«2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) July 15, 1953 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The condition statement of weekly reporting member banks in leading c i t i e s shows the following principal changes for the week ended July 8: Decreases of $205 million in holdings of Treasury b i l l s , $196 million in balances with domestic banks, and |669 million i n United States Government depasita. Commercial, industrial, and agricultural loans increased $13 million in the St. Louis District and $10 million in New York City, and decreased $11 million in the Chicago D i s t r i c t outside of Chicago; there was a net increase of $5 million at a l l reporting member banks. Changes according to industry appear in another press release. Loans to brokers and dealers f o r purchasing or carrying securities decreased $116 million. Loans to banks decreased $181 million. Holdings of Treasury b i l l s decreased $178 million in New York City and $29 million in the Chicago D i s t r i c t , and they increased $32 million in the Atlanta District and $23 million each in the Richmond and Kansas City d i s t r i c t s . Holdings of United States Government bonds decreased $32 million. Holdings of "other securities" increased $60 million in New York City and decreased in a l l but one of the other dist r i c t s ; the net increase at a l l reporting member banks was $1*1* million. Demand deposits adjusted increased in f i v e d i s t r i c t s and decreased in the other seven, resulting in a net increase of $16 million; the principal changes were increases of $1*0 million in the Philadelphia D i s t r i c t , $36 million in the Atlanta D i s t r i c t , and $3l* million in New York City, and a decrease of $35 million i n the Chicago District outside of Chicago. United States Government deposits decreased in a l l but one d i s t r i c t . Borrowings decreased $61 million in the San Francisco District and $90 million at a l l reporting member banks. A summary of assets and l i a b i l i t i e s of reporting member banks follows: July 8, 1953 ASSETS Loans and investments - t o t a l 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 76,067 39,366 39,986 22,590 Increase or decrease since W ' (In millions of dollars) -1*78* -283 -283 + 5 -1,609 +3,111* +3,173 +1,81*0 1,603 72*7 6,306 767 7,973 -116 - 8 + 1* -181 + 13 - 779 1*0 + 1*81* + 183 +1,1*85 U. S. Government securities - t o t a l Treasury b i l l s Treasury c e r t i f i c a t e s of indebtedness Treasury notes U. S. bonds Other securities Reserves with Federal Reserve Banks Cash i n vault Balances with domestic banks 29,262 2,309 2,095 5,53b 19,321 7,1*39 ll*,l*81* 936 2,1*76 -239* -205 + 5 - 7 - 32* + 1*1* -1*,558 -1,163 -1,809 - 1*79 -1,107 - 165 - 656 57 + 1*0 LIABILITIES Demand deposits adjusted Time deposits except Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings 52,836 18,556 1,987 10,393 1,276 882 + 16* - 7 -669 * July 1 figures revised (San Francisco D i s t r i c t ) - 7U + 1*9 -196 - 8 - 90 + 385 +1,375 -L,376 + 83 + 1 - 222 ASSETS MID LIABILH?IES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, July 8, Fed e r a l R e s e r v e Dis Total All New Phila- Cleve- RichD i s t r i c t s Boston York delphia land mond Atlanta Chicago (In millions of dollars) H.A.2(a) 1953 t r i c t St. Minne- Kansas San Louis apolis City Dallas Francisco ASSETS 10,609 2,478 4,396 1,325 2,786 671 1,309 655 321 3,045 1,320 803 3,090 1,771 1,150 14,266 7,823 3,247 154 12 2 14 12 40 38 91 15 402 115 529 112 782 19 255 31 355 10 133 5 193 23 185 14 293 75 135 15 403 32 2,942 36 2,434 1,472 131 171 288 138 290 579 1,396 913 520 227 1,376 166 160 355 695 258 5,185 296 415 1,194 3,280 1,028 953 102 122 191 538 200 504 21 36 118 329 150 1,402 240 •175 319 668 323 1,131 131 123 180 697 4,894 176 292 930 3,496 1,549 562 75 184 58 487 47 253 57 2,181 118 304 101 456 35 143 32 234 14 78 17 583 40 335 40 590 46 409 84 2,125 144 3,731 2,381 644 1,595 109 154 2,150 571 49 7,063 3,004 401 1,600 496 64 847 2 , 1 6 6 2,407 261 504 567 67 65 52 8,006 6,509 251 445 7 38 43 274 618 9 21 38 244 1,735 42 91 104 873 692 2 800 10 16 38 316 574 106 142 452 1,048 Loans and investments - t o t a l Loans - net# Commercial, industrial, and a g r ' l loans Loans to brokers and dealers for purchasing or carrying s e c u r i t i e s Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 76,067 39,366 22,590 3,502 1,883 1,119 23,415 13,450 8,805 2,971 1,648 927 5,464 2,510 1,474 3,062 1,363 605 2,856 1,222 682 1,603 17 1,242 37 42 15 16 74-7 767 7,973 25 301 40 4l6 250 849 2,074 23 150 5 538 66 474 22 482 71 262 21 405 U . S . Government securities - t o t a l Treasury b i l l s Treasury c e r t i f i c a t e s of indebtedness Treasury notes U. S. bonds Other s e c u r i t i e s 29,262 2,309 2,095 5,534 19,324 7,439 1,289 114 54 117 1,004 330 7,655 725 234 1,149 5,547 2,310 967 36 58 112 761 356 Reserves with Federal Reserve Banks Cash i n vault Balances with domestic banks Other assets - net 14,484 936 2,476 1,431 546 68 104 87 5,229 211 129 545 553 48 52,836 18,556 1,987 2,761 575 111 10,393 1,276 323 30 25 84 398 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 l i a b i l i t i e s CAPITAL ACCOUNTS 6,306 882 2,023 7,441 451 106 56 17,380 2,344 464 3,366 74 590 2,983 1,043 351 1,052 2,764 396 15 44 44 353 938 90 149 83 532 7 74 68 563 # Individual loan items are reported groats, i . e . , before deduction of valuation reserves 31 33 226 325 3 22 25 117 970 2 27 42 265 188 1,630 282 271
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