The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
H.U.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) June 17, 1953 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The condition statement of weekly reporting member banks i n leading c i t i e s shows the following p r i n c i p a l changes f o r the week ended June 10: Increases of $227 million i n l o a n s , $233 million i n holdings of Treasury b i l l s , $323 million i n reserve balances with Federal Reserve Banks, $257 million i n balances with domestic banks, $1,192 million i n demand deposits a d j u s t e d , and *>275 million in demand deposits credited to domestic banks, and a decrease of $238 million i n United S t a t e s Government d e p o s i t s . Commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans increased # 2 million at a l l reporting member banksj the p r i n c i p a l changes were an increase of $65 million i n New York City and a decrease of %,12 million i n t h e Cleveland D i s t r i c t . Changes according to industry appear i n another press r e l e a s e . Loans t o brokers and dealers f o r purchasing or carrying s e c u r i t i e s increased $215 m i l l i o n . Loans to banks decreased $61 m i l l i o n . "Other loans" increased $25 m i l l i o n . Holdings of Treasury b i l l s increased $208 million i n the New York D i s t r i c t and decreased $kk million i n the Chicago D i s t r i c t outside of Chicago. Holdings of Treasury notes decreased $23 m i l l i o n . Holdings of United S t a t e s Government bonds increased $Lk million i n New York City and decreased $19 million i n the San Francisco D i s t r i c t j the net increase a t a l l reporting member banks was $36 m i l l i o n . Demand deposits adjusted increased $512 million i n New York City, $136 million i n the Chicago D i s t r i c t , $120 million i n the San Francisco D i s t r i c t , $79 million i n the Richmond D i s t r i c t , and by smaller amounts i n a l l of the other d i s t r i c t s . Time deposits increased $U2 m i l l i o n . Borrowings decreased $98 million i n the San Francisco D i s t r i c t and by smaller amounts i n most of the other d i s t r i c t s , but they increased $117 million i n New York City j the net decrease at a l l reporting member banks was $120 million.. A summary of a s s e t s and l i a b i l i t i e s of reporting member banks follows: June 10, 1953 ASSETS Increase or decrease since June 3, June 11, 1952 1953 (In millions of d o l l a r s ) Loans and investments - t o t a l Loans - net Loans - gross Commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans Loans to brokers and dealers f o r purchasing or carrying s e c u r i t i e s Other loans f o r purchasing or carrying s e c u r i t i e s Real e s t a t e loans Loans to banks Other loans 76,U66 39,666 10,276 22,732 + + + + U85 227 226 U2 +l,58L +li,607 +L,659 +2,015- 1,762 767 6,27b 869 7,872 + 215 12 17 61 25 + hi + 108 + L96 + kkl +1,522 U, S. Government s e c u r i t i e s - 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 29,383 2,276 1,81*3 5,629 19,635 7,117 239 233 7 23 36 19 -3,121 -1,631 -1,913 - 37k + 797 + 98 Reserves with Federal Reserve Banks Cash i n vault Balances with domestic banks 11,860 955 2,601 + 323 62 257 + 22 57 + 205 5b,900 18,1*30 1,303 10,033 1,296 906 +1 ,192 h2 238 + 275 2k 120 + 995 +1,32U -1,152 + 222 + 35 - 156 • + - + + + - - + + + + L I A B I L I T I E S Demand deposits adjusted Time deposits except Government U. S . Government deposits Interbank demand d e p o s i t s : Domestic banks Foreign banks Borrowings + • m . H.6.2(a) ASSETS ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES. June 10. 1953 Fed e r a ] R e s e r v e i Di s t r i c t Total All New P h i l a - Cleve- Rich- Atlanta Chicago S t . Minne- Kansas Dallas San Boston Districts York delphia land mond Louis a p o l i s City Francisc (In millions of d o l l a r s ) Loans and investments - t o t a l Loans - net# Commercial, i n d u s t r i a l , and a g r ' l loans Loans t o brokers and dealers f o r purchasing or carrying s e c u r i t i e s Other loans f o r purchasing or carrying securities Real e s t a t e loans Loans t o banks Other loans 76,466 39,666 22,732 U. S. Government s e c u r i t i e s - 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 29,383 1,246 2,276 49 51 1,343 5,629 143 19,635 1,003 7,417 337 14,860 575 68 955 108 2,604 1,561 92 Reserves with Federal Reserve Banks Cash i n v a u l t Balances with domestic banks Other a s s e t s - net L I A B I L I T I E S Demand deposits adjusted Time deposits except Government U. S. Government deposits Interbank demand d e p o s i t s ; Domestic banks Foreign banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS 3,494 23,984 1,911 13,899 1,128 8,995 3,030 1,667 902 5,455 2,499 1,486 3,034 1,371 622 1,300 645 322 3,089 1,319 800 3,085 1,790 1,156 14,156 7,746 3,204 • 1,762 20 1,396 57 45 12 17 142 12 2 13 12 34 767 6,274 869 7,872 28 300 64 405 270 839 564 2,055 20 149 42 529 68 473 2 475 75 261 17 400 39 91 19 395 110 531 65 760 19 254 22 347 10 133 24 185 15 294 73 134 31 403 31 2,924 28 1,622 7,791 1,002 801 65 182 47 112 1,185 778 5,623 361 2,294 5,562 540 212 50 126 125 607 59 2,435 168 254 578 1,435 521 978 97 160 92 1,436 1,381 161 99 162 109 291 341 717 937 260 227 556 523 80 47 183 235 62 60 5,199 276 368 1,214 3,341 1,016 2,156 123 370 113 968 106 105 193 564 196 470 35 147 34 502 1,447 1,101 18 102 267 108 166 31 182 122 321 709 693 331 323 194 153 598 572 214 48 41 14 101 460 303 88 19 41 4,875 I64 260 947 3,504 1,535 2,116 140 286 294 7,321 1,661 2,993 493 209 48 891 2,218 2,483 260 564 499 56 23 59 8,083 6,475 188 751 8 31 44 313 545 103 52 499 1,047 54,900 18,430 1,303 10,033 1,296 906 2,168 7,410 2,889 18,438 573 3,319 62 390 2,442 462 55 3,882 1,581 92 2,407 643 75 2,185 568 46 2,989 1,069 430 1,102 2,753 402 15 30 46 353 489 8 96 74 560 434 9 31 44 272 591 8 57 43 243 285 31 16 84 397 # Individual loan items are reported gross, i . e . , before deduction of valuation r e s e r v e s . 2,876 10,513 2,450 1,235 4,298 1,286 696 2,771 650 1,655 38 73 121 865 641 2 30 36 225 —— 187 320 3 7 27 117 931 2 53 48 265
@FedFRASER