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H.4.2

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate R e l e a s e )
June 23, 1954
CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

The c o n d i t i o n s t a t e m e n t of weekly r e p o r t i n g member banks i n l e a d i n g c i t i e s
shows t h e f o l l o w i n g p r i n c i p a l changes f o r t h e week ended June 16: I n c r e a s e s of
# 0 2 m i l l i o n i n commercial, i n d u s t r i a l , and a g r i c u l t u r a l l o a n s , $273 m i l l i o n i n
l o a n s t o b r o k e r s and d e a l e r s f o r p u r c h a s i n g o r c a r r y i n g s e c u r i t i e s , $539 m i l l i o n
i n h o l d i n g s o f Treasury b i l l s , $1,388 m i l l i o n i n demand d e p o s i t s a d j u s t e d , and
# 3 6 m i l l i o n i n demand d e p o s i t s c r e d i t e d t o domestic b a n k s , and a d e c r e a s e of
$313 m i l l i o n i n United S t a t e s Government d e p o s i t s .
The i n c r e a s e i n commercial, i n d u s t r i a l , and a g r i c u l t u r a l l o a n s was t h e second
l a r g e s t on r e c o r d and was r e f l e c t e d i n a l l d i s t r i c t s ) t h e p r i n c i p a l i n c r e a s e s were
$161 m i l l i o n i n New York C i t y , $47 m i l l i o n i n t h e San F r a n c i s c o D i s t r i c t , $1+6
m i l l i o n i n C h i c a g o , $39 m i l l i o n i n t h e C l e v e l a n d D i s t r i c t , $33 m i l l i o n i n t h e
Boston D i s t r i c t , and $15 m i l l i o n each i n t h e P h i l a d e l p h i a and Kansas C i t y d i s t r i c t s .
Real e s t a t e l o a n s i n c r e a s e d $25 m i l l i o n .
Holdings of T r e a s u r y b i l l s i n c r e a s e d $237 m i l l i o n i n New York C i t y , $86 m i l l i o n i n t h e Chicago D i s t r i c t , $75 m i l l i o n i n t h e San F r a n c i s c o D i s t r i c t , and by
s m a l l e r amounts i n a l l b u t two of t h e o t h e r d i s t r i c t s . Holdings of Treasury c e r t i f i c a t e s of i n d e b t e d n e s s i n c r e a s e d i n most d i s t r i c t s and a t o t a l of $133 m i l l i o n
a t a l l r e p o r t i n g member b a n k s . Holdings of Treasury n o t e s i n c r e a s e d $69 m i l l i o n ,
of which $54 m i l l i o n was i n New York C i t y . Holdings of U n i t e d S t a t e s Government
bonds i n c r e a s e d $83 m i l l i o n i n Chicago and a t o t a l of $100 m i l l i o n a t a l l r e p o r t i n g
member b a n k s .
Demand d e p o s i t s a d j u s t e d i n c r e a s e d i n a l l b u t one d i s t r i c t ; t h e p r i n c i p a l
changes were i n c r e a s e s of $622 m i l l i o n i n New York C i t y , $133 m i l l i o n i n t h e
Chicago D i s t r i c t , $119 m i l l i o n i n t h e Cleveland D i s t r i c t , and $95 m i l l i o n i n t h e
San F r a n c i s c o D i s t r i c t . Time d e p o s i t s i n c r e a s e d $81 m i l l i o n .
A summary of a s s e t s and l i a b i l i t i e s of r e p o r t i n g member banks f o l l o w s :

June
16,
195k

Increase or
decrease s i n c e
June 17,
June 9,
1953
1951
( I n m i l l i o n s of d o l l a r s )

A S S E T S
+1,532
705
704
402

Loans and investments - t o t a l
Loans - n e t
Loans - g r o s 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
Loans to brokers and dealers f o r
purchasing o r carrying s e c u r i t i e s
Other loans f o r purchasing o r carrying s e c u r i t i e s
Real e s t a t e loans
Loans to banks
Other loans

81,683
39,393
40,036
21,973

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 o f indebtedness
Treasury n o t e s
U. S . bonds
Other s e c u r i t i e s

34,058
2,909
2,817
6,725
21,607
8,232

Reserves with Federal Reserve Banks
Cash i n v a u l t
Balances with domestic banks

14,449
913
2,920

-

56,166
20,745
2,168
11,035
1,251
541

2,120
891
6,623
686
7,743

+
+
+

+5,043
- 261
- 237
-1,012

273
19
25
13
10

+
+
+
+

841
539
133
69
100
14

+4,530
+ 305
+ 773
+1,180
+2,272
+ 774

226
38
256

-1,056
— 18
+
98

+1,,388
+
81
313
+
436
+
16
+
6

+1,185
+2,276
+
4
+ 563
43
+
5

+

+
+
+
+
+
+
+
+
•-

—
+

4o4
122
330
69
i5o

L I A B I L I T I E S
Demand d e p o s i t s adjusted
Time d e p o s i t s except Government
U. S. Government d e p o s i t s
Interbank demand d e p o s i t s : Domestic banks
Foreign banks
Borrowings



H.4.2(a)

ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES JUNE 16, 1954
Total
F e d e r a 1 R e s e r v e D i s t r i c t
All
New
P
h
i
l
a - Cleve- RichSan
Boston
A t l a n t a Chicago S t . Minne- Kansas D a l l a s
Districts
York
delphia
land mond
Louie a p o l i s C i t y
Francisco
( i n m i l l i o n s of d o l l a r s )

A S S E T S
Loans and i n v e s t m e n t s - t o t a l
Loans - n e t #
Commercial, i n d u s t r i a l , and a g r ' l l o a n s
Loans t o b r o k e r s and d e a l e r s f o r
p u r c h a s i n g or c a r r y i n g s e c u r i t i e s
Other l o a n s f o r p u r c h a s i n g o r c a r r y i n g
securities
Real e s t a t e l o a n s
Loans t o banks
Other l o a n s
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 i n d e b t e d n e s s
Treasury n o t e s
U. S. bonds
Other s e c u r i t i e s
Reserves w i t h F e d e r a l Reserve Banks
Cash i n v a u l t
Balances w i t h domestic banks
Other a s s e t s
net

81,663
39,393
21,973

3,640
1,894
1,106

26,121
13,370
8,267

3,192
1,700
883

5,753
2,404
1,263

3,157
1,391
615

2,960
1,289
761

11,257
4,365
2,763

2,540
1,326
681

1,388
676
342

3,264
1,390
846

3,397
1,923
1,305

15,014
7,665
3,l4l

2,120

25

1,658

76

82

20

16

158

15

2

6

10

52

6,623

891

23
324

30
174

7,743

58
524
19
510

75
271
12
4l6

33
92
3
405

121
584
72
756

22
258
13
356

12
140

444

372
857
489
1,955

189

22
206
16
307

84
138
5
398

39
3,055
43
1,439

34,058
2,909
2,817
6,725
21,607

10,015
1,318
787
1,571
6,339
2,736
5,209
210
175
646

1,080

2,761
117
229
654
1,761
588
930
88
183
83

1,526
96
143
306
981
240

1,390
88
163
328
811
28l
522
45
255
61

479
33
167
40

563
42
53
152
316
149
228
14
105
18

1,521
189
133
385
8l4
353
608
38
364
42

1,250
138
123
209
780
224

545
75
215
65

5,804
375
410
1,347
3,672
1,088
2,109
113
351
115

1,004
43
111
271
579
210

1,656

1,432
135
108
161
1,028
314
556
64
116
100

558
45
529
95

5,712
304
455
1,188
3,765
1,637
2,171
137
322
325

56,166
20,745
2,168

2,876
594
107

18,919
4,384
642

2,435
561

88

3,942
1,697
l4l

2,439
693
115

2,225
600
69

7,433
3,148
393

1,690
526
87

923
271
56

2,364
550
93

2,594
694
88

8,326
7,027
289

11,035
1,251
541
1,927
7,788

336
30
30
95
4o8

3,341

473
15
4
44
36l

565
7
23
76
5 86

454
8
10

6i4
11
19
42
263

,1,796
46
68
123
938

658
2
24
33
239

348
3
2
25
125

962
2
34
25
286

858
9
5
40
336

630
112
60
421
1,104

686

8,232

14,449
913

2,920

8

6

568
64
102
153
761
412

534
51
138

66

L I A B I L I T I E S
Demand d e p o s i t s a d j u s t e d
Time d e p o s i t s e x c e p t Government
U. S. Government d e p o s i t s
I n t e r b a n k demand d e p o s i t s :
Domestic b a n k s
Foreign banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS

1,006

262
956
2,851

47

291

$ I n d i v i d u a l l o a n i t e m s a r e r e p o r t e d g r o s s , i . e . , b e f o r e d e d u c t i o n of v a l u a t i o n r e s e r v e s .