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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) June 3 , 1953 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES H.U.2 The condition statement of weekly r e p o r t i n g 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 t h e week ended May 27: An i n c r e a s e of $80$ 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 decreases of $518 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 and $1*02 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 banks* 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' decreased i n a l l d i s t r i c t s and a t o t a l of $129 m i l l i o n at a l l r e p o r t i n g member banks; the p r i n c i p a l decreases were $62 m i l l i o n i n New York C i t y , $12 m i l l i o n i n the San Francisco D i s t r i c t , and $11 m i l l i o n i n t h e S t . Louis D i s t r i c t * Loans t o brokers and d e a l e r s f o r purchasing or carrying s e c u r i t i e s decreased $61 m i l l i o n , "Other loans" increased $1*9 m i l l i o n . Holdings of Treasury b i l l s increased $72 m i l l i o n i n New York C i t y , but they decreased by smaller amounts i n most of the other d i s t r i c t s ; t h e net i n c r e a s e a t a l l r e p o r t i n g member banks was t s 21 million# Holdings of United S t a t e s Government bonds decreased $67 m i l l i o n i n New York City and increased #1$ m i l l i o n i n the San Francisco D i s t r i c t ; t h e r e was a net decrease of $61 m i l l i o n a t a l l r e p o r t i n g banks* Holdings of " o t h e r s e c u r i t i e s " increased i n most d i s t r i c t s and a t o t a l of $53 mill i o n a t a l l r e p o r t i n g member banks. Demand d e p o s i t s a d j u s t e d increased i n a l l but one d i s t r i c t ; the p r i n c i p a l i n c r e a s e s were $3^7 m i l l i o n i n New York City* $196 m i l l i o n i n the Chicago D i s t r i c t , and $51 m i l l i o n i n the Cleveland D i s t r i c t , Time d e p o s i t s increased $1*9 m i l l i o n . Borrowings decreased $62 m i l l i o n i n t h e Chicago D i s t r i c t and increased $1*3 mill i o n i n the San Francisco D i s t r i c t ; t h e net decrease a t a l l r e p o r t i n g member banks was $1*2 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 follows t < | 1 r " ' "" ' 1 ' L' May 27, 1953 l ' ' " ; I 1 1 1 1 I I "II! 1 1 1 ASSETS 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 d e a l e r s 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 . , Increase or i decrease since May 28, May 20, 19<1 1952 [In m i l l i o n s of d o l l a r s ) -138 -11*1* -11*3 -129 +1,105 +1*,306 +k,359 +2,139 1,561* 781* 6,260 870 7,838 + + 61 5 11** 11* 1*9 - 330 > 117 + 1*89 + 605 +1,539 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 28,775 1,10*3 1,971 5,665 19,696 7,563 + + + 1*7 21 1 8 61 53 -3,399 -2,158 -1,825 - 313 + 897 + 198 Reserves with Federal Reserve Banks Cash i n v a u l t Balances with domestic banks 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 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 11*,1*86 973 2,328 + 15 + 1*9 - 51 + 53,889 18,35k 1,695 9,361* l,3Wi 1,006 +805 + 1*9 -518 -1*02 f 20 - 1*2 + 321* +1,311 -1,1*21 + H*5 + 1*3 15 * May 20 f i g u r e s r e v i s e d (New York D i s t r i c t ) 75,879 39,5U1 10,152 22,836 281* 13 6 H.4.2(a) ASSETS ASSETS AND LIABILITIES OF IJEEKLY REPORTING MEMBER BAMS IN LEADING CITIES. Mter 27. F e d e r a l R e s e r v e D i s Total All New P h i l a - Cleve- RichD i s t r i c t s Boston York delphia land mond Atlanta Chicago (In millions of d o l l a r s ) 1953 t r i c t S t . Minne- Kansas San Louis apolis City Dallas Francis* Loans and investments - t o t a l Loans - net# Commerical, i n d u s t r i a l , and a g r ' 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 securities Real e s t a t e loans Loans t o banks Other loans 75,879 3,462 39,541 1,876 22,836 1,124 23,509 13,780 8,967 2,939 1,610 902 5,493 2,543 1,521 3,045 1,390 638 2,846 1,228 702 1,564 19 1,227 37 46 14 16 138 12 2 12 12 29 784 6,260 870 7,838 28 298 40 401 284 834 650 2,039 22 148 10 523 68 475 1 482 78 260 15 401 38 90 7 397 108 532 61 755 19 254 44 345 10 132 2 185 24 185 13 292 73 134 2 394 32 2,918 25 1,624 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 28,775 1,250 40 1,443 1,971 55 5,665 148 19,696 1,007 7,563 336 7,386 341 248 1,192 5,605 2,343 959 15 47 122 775 370 2,417 1,424 86 109 109 295 577 293 1,436 936 231 533 1,358 130 163 345 720 260 5,121 153 372 1,218 3,378 1,054 942 76 113 188 565 196 4,854 113 251 956 3,534 1,562 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 14,486 973 2,328 1,541 5,361 216 131 581 526 50 108 60 536 80 148 60 514 48 215 62 2,148 124 313 112 449 36 124 34 498 1,473 1,093 11 278 91 111 173 34 121 322 183 700 708 332 158 327 193 226 604 593 16 48 41 76 301 400 18 88 43 2,342 3,844 2,364 462 1.578 643 69 129 105 2,175 569 47 7,281 1,631 2,974 493 280 52 861 2,241 2,481 260 499 555 64 37 57 7,984 6,449 218 301 2 35 27 117 484 112 113 487 1,055 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 556 67 103 92 53,889 2,786 17,899 573 3,299 18,354 528 109 1,695 9,364 1,344 1,006 2,142 7,413 272 28 31 83 398 2,797 1,114 308 1,099 2,754 365 16 32 45 352 939 100 158 94 468 7 122 76 560 384 6 52 44 271 # Individual loan items are reported gross, i . e . , before deduction of valuation reserves, 540 9 59 44 242 10,484 2,462 4,309 1,324 668 2,796 1,538 38 84 125 861 601 2 66 35 225 1,304 3,114 3,048 648 1,314 1,762 800 1,166 326 925 1 66 31 265 689 9 38 46 313 14,173 7,757 3,226 2,034 147 251 297
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