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tt.lt.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) June 10, 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 June 3: Increases of $369 million in holdings of United States Government securities and 139U million in demand deposits credited to domestic banks, and a decrease of $181 million in demand deposits adjusted. Commercial, industrial, and agricultural loans decreased in all but one district and a total of $11*6 million at all reporting member banksj the principal changes were $30 million in the San Francisco District, $29 million in New York City, $23 million in the Cleveland District, $21 million in Chicago, and $13 million in the St. Louis District. Changes according to industry appear in another press release. Loans to banks increased $60 million. Holdings of Treasury bills increased in all but two districts and a total of $600 million, reflecting the sale of a new issue of tax anticipation bills. Holdings of Treasury certificates of indebtedness decreased $1*1 million in the Cleveland District, $39 million in New York City, and $121 million at all reporting member bsinks. Holdings of United States Government bonds decreased $97 million, of which $1*0 million was in the Chicago District. Holdings of "other securities" decreased $52 million in New York City, $1*6 million in the Chicago District, $28 million in the San Francisco District, and a total of $165 million at all reporting member banks. Demand deposits adjusted decreased $96 million in the Chicago District and $56 million in the Kansas City District, and they increased $1*6 million in the Philadelphia District and $1*5 million in the Boston District. Time deposits increased $314. million. United States Government deposits decreased in most districts and a total of $151* million* Demand deposits credited to domestic banks increased in nearly all districts. A summary of assets and liabilities of reporting member banks follows: June 3. 1953 ASSETS Increase or decrease since • w "&T' (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 75,981 39,1*39 1*0,050 22,690 +102 -102 -102 -ll*6 +1,321* +!*,1*30 +i*,l*83 +2,099 1,5147 779 6,257 930 7,81*7 - 17 - 5 - 3 + 60 + 9 - 307 + 116 + 1*89 + 5U7 +1,539 U» S» Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 29,11*1* 2,01*3 1,850 5,652 19,599 7,398 -3,215 -1,695 -1,913 - 316 + 739 + 109 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Ik,537 893 2,3b7 +369 +600 -121 - 13 - 97 -165 + 1*1* - 80 + 19 53,708 18,388 l,5Ul 9,758 1,320 1,026 -181 + 31* -15U +391* - 21* + 10# + 1*92 +1,316 -1,361 + 92 + 27 69 + 311 61* 7 L I A B I L I T I E S Demand deposits adjusted Time deposits except Government U. 5. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings *May 27 figures revised (Atlanta District) H.4.2(a) ASSETS ASSETS Aim LIABILITIES OF WEEKLY REPORTING IEMBER BANKS IN LEADING CITIES, June 3, 1953 F e d e r a l R e s e r v e Pis t r i c t Total San St. Minne- Kansas Phila- Cleve- RichNew All Atlanta Chicago Louis apolis City Dallas Francisco Boston York delphia land mond Districts (In millions of dollars) 3,015 5,471 3,032 1,644 2,524 1,378 628 899 1,498 2,844 10,520 2,469 1,304 3,089 3,039 14,154 645 1,319 1,761 7,741 1,219 4,276 1,301 798 1,158 3,196 655 696 2,775 324 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 75,981 3,473 39,439 1,900 22,690 1,130 23,571 13,731 8,933 1,547 19 1,217 37 44 12 16 129 13 3 13 12 32 779 6,257 930 7,847 28 298 280 830 636 2,056 20 147 49 524 68 475 16 473 76 260 17 401 38 91 5 395 110 531 59 753 19 254 30 348 10 132 25 185 19 291 73 134 7 396 32 2,920 37 1,621 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 29,144 1,239 49 2,043 50 1,350 146 5,652 994 19,599 7,398 334 7,550 593 1,428 1,366 87 139 109 159 291 347 721 941 226 259 5,236 309 370 1,219 3,338 1,008 972 116 106 193 557 196 4,879 153 256 947 3,523 1,534 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 14,537 893 2,347 1,556 564 63 101 94 5,427 200 508 43 219 60 2,153 116 329 112 447 34 128 34 506 1,446 1,085 85 261 21 110 167 33 182 322 121 708 696 331 193 324 153 583 228 564 36 42 U 290 392 71 87 18 43 53,708 2,831 18,388 573 1,541 85 17,913 3,302 498 7,185 1,622 2,985 493 62 263 859 2,185 2,442 560 260 499 69 36 29 7,963 6,460 194 279 27 22 80 398 2,933 703 8 36 45 313 504 106 150 487 1,046 55 404 192 1,185 5,580 2,290 136 605 1,010 2,427 161 69 254 44 122 577 775 1,435 520 361 516 46 109 60 935 94 149 91 537 74 166 59 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 t Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 9,758 1,320 1,026 2,158 7,415 1,092 333 1,112 2,756 2,338 3,838 462 1,581 122 67 374 19 36 46 354 494 8 57 81 559 2,328 2,154 569 644 37 74 438 8 58 45 273 n Individual loan items are reported gross, i.e., before deduction of valuation reserves^ 562 8 58 43 243 1,605 38 159 124 866 638 2 32 38 225 — 185 311 2 31 26 117 917 2 54 31 265 2,075 131 257 293
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