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H.l*.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) June 30, 195U CONDITION OF WEEKU REPORTING MEMBER BANKS IN LEADING CITIES The c o n d i t i o n statement 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 23: Decreases of $19l* m i l l i o n i n loans to banks, $587 m i l l i o n i n holdings of Treasury b i l l s , $1*1*1* m i l l i o n i n balances with domestic banks, $2050 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 $821 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 to domestic banks, and i n c r e a s e s of $1208 i n United S t a t e s Government d e p o s i t s and $335 m i l l i o n i n borrowings. 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 $33 m i l l i o n in New York C i t y , $19 m i l l i o n i n Chicago, $11 m i l l i o n i n t h e San Francisco D i s t r i c t , $10 m i l l i o n i n the S t . Louis D i s t r i c t , and a t o t a l of $77 m i l l i o n a t a l l r e p o r t i n g member banks# Changes according to i n d u s t r y appear i n another p r e s s r e l e a s e . Holdings of Treasury b i l l s decreased $215 m i l l i o n i n New York C i t y , $181 mill i o n i n the Chicago D i s t r i c t , $52 m i l l i o n i n the Cleveland D i s t r i c t , $50 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 , $31 m i l l i o n i n t h e Boston D i s t r i c t , and by smaller amounts i n 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 indebtedness and of Treasury notes decreased $57 m i l l i o n and $1*6 m i l l i o n , r e s p e c t i v e l y . Holdings of United S t a t e s Government bonds i n c r e a s e d $11 m i l l i o n . Demand d e p o s i t s a d j u s t e d decreased 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 decreases were $895 m i l l i o n i n t h e New York D i s t r i c t , $361 m i l l i o n i n t h e Chicago D i s t r i c t , $189 m i l l i o n i n t h e Cleveland D i s t r i c t , $153 m i l l i o n i n the San Francisco D i s t r i c t , $99 m i l l i o n i n t h e Kansas C i t y D i s t r i c t , and $ 8 3 m i l l i o n i n the S t . Louis 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 $ 3 8 m i l l i o n . Borrowings i n c r e a s e d $290 m i l l i o n i n New York C i t y and $75 m i l l i o n i n t h e Chicago D i s t r i c t , b u t t h e y decreased $25 m i l l i o n i n t h e San Francisco D i s t r i c t . 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 19k ASSETS Increase or decrease s i n c e June 21*, June 16, 1953 1951 ( I n m i l l i o n s of d o l l a r s ) 31k 77 +4,637 - 36 7 - 3b0 - 901 61 2 18 19k 2 + + + - 679 587 57 k6 11 15 +1*,168 5 + 720 +l,l3l* +2,319 + 836 155 36 1*1*1* - Loans and investments - t o t a l Loans - n e t 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 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 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 80,702 39,076 39,722 21,896 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 n o t e s U. S . bonds Other s e c u r i t i e s 33,379 2,322 2,760 6,679 21,618 8,21*7 Reserves with F e d e r a l Reserve Banks Cash i n v a u l t Balances with domestic banks ll*,60l* 9k9 2,1*76 + + 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 5k,116 20,783 3,376 10,21k 1,285 876 - 2 ,050 38 +1 ,208 821 + 3k + 335 2,059 893 6,61*1 1*9 2 7,7kl w 981 — 317 — - + + -e - — ~ - + + + 1*92 11*7 337 218 197 268 16 176 + 662 +2,21*2 + 626 + 383 + 10 + 171 E.4.2(a) ASSETS AND LIABILITIES .OF WEEKLY REPORTING MEMBER BAMS IN F e d e r a Total P h i l a - CleveNew All Boston land delphia York Districts (In ASSETS total Loans and i n v e s t m e n t s 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 or 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 LEADING CITIES, JUNE 23, 1954 l R e s e r v e D i s t r i c t S t . Minne- Kansas San RichDallas A t l a n t a Chicago Francisco Louis a p o l i s C i t y mond m i l l i o n s of d o l l a r s ) 80,702 39,076 21,896 3,617 1,902 1,106 25,519 12,989 8,234 3,163 1,677 884 5,655 2,382 1,255 3,143 1,385 613 2,963 1,300 766 11,091 4,392 2,745 2,555 1,340 671 1,381 683 341 3,264 1,399 851 3,403 1,947 1,300 14,948 7,680 3,130 2,059 29 1,551 47 80 21 15 232 14 2 5 10 53 893 6,641 492 7,741 23 326 13 442 374 863 245 1,950 30 174 12 567 58 525 6 510 74 272 7 4l6 33 91 10 4o6 120 588 36 762 22 258 38 356 12 140 8 189 22 208 19 307 86 139 28 401 39 3,057 70 1,435 U. S. Government s e c u r i t i e s - t o t a l Treasury b i l l s T r e a s u r y 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 notes U. S. bonds Other s e c u r i t i e s 33,379 8,247 1,403 104 104 161 1,034 312 9,805 1,111 757 1,579 6,358 2,725 1,070 56 107 147 760 4l6 2,679 65 224 636 1,754 594 1,517 87 144 303 983 241 1,379 81 160 329 809 284 5,620 194 394 1,355 3,677 1,079 1,002 42 110 270 580 213 540 33 50 142 315 158 1,506 176 132 381 817 359 1,231 U9 128 203 781 225 5,627 254 450 1,173 3,750 1,641 R e s e r v e s 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 - n e t 14,604 949 2,476 1,634 546 68 95 97 5,457 211 134 634 532 51 94 66 925 95 159 84 540 78 183 63 524 47 224 61 2,135 119 286 112 430 34 147 41 226 15 87 19 564 41 329 42 595 46 470 94 2,130 144 268 321 54,116 20,783 3,376 2,809 597 149 18,024 4,410 1 , 1 to 2,377 564 124 3,753 1,700 268 2,382 693 154 2,204 600 96 7,072 3,153 6l4 1,607 526 135 892 271 73 2,265 554 129 2,558 698 118 8,173 7,017 376 10,214 1,285 876 1,911 7,804 322 31 19 87 409 3,006 1,045 526 954 2,850 399 14 23 43 362 509 7 20 74 587 411 8 19 48 292 579 10 22 44 264 1,651 46 143 125 939 628 2 36 33 240 332 3 5 26 126 950 2 27 26 287 845 10 1 4o 338 582 107 35 4ll 1,110 2,322 2,760 6,679 21,618 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 banks F o r e i g n banks Borrowings Other l i a b i l i t i e s CAPITAL ACCOUNTS $ 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 deduction of v a l u a t i o n r e s e r v e s .
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