The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
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 .