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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) March 25, 1953 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended March 18: Increases of $279 million in commercial, industrial, and agricultural loans and $602 million in reserve balances with Federal Reserve Banks; decreases of $289 million in holdings of Treasury bills and $362 million in demand deposits adjusted; and increases of $930 million in United States Government deposits and $322 million in demand deposits credited to domestic banks. Commercial, industrial, and agricultural loans increased in all but one district; the principal increases were $109 million in New York City, $48 million in Chicago, $37 million in the San Francisco District, and $19 million in the Cleveland District. Changes according to industry appear in another release. Loans to banks increased $226 million. "Other loans" increased $5% million. Holdings of Treasury bills decreased $52 million in New York City, $39 million in the Atlanta District, $38 million in the San Francisco District, $34 million in the Cleveland District, and by smaller amounts in nearly all of the other districts. Holdings of Treasury certificates of indebtedness increased $21 million. Holdings of Treasury notes decreased $30 million. Demand deposits adjusted decreased in five districts and increased in the other seven; the principal changes were decreases of $399 million in New York City and $146 million in Chicago, and increases of $72 million in the Boston District, and $51 million in the San Francisco District. H.4.2 Borrowings increased $149 million in New York City, but decreased in most of the other districts; the net increase was $5 million. A summary of assets and liabilities of reporting member banks follows: March 18, 1953 A S S E T S Change since March 11, 1953 (In millions of dollars) Loans and investments - total Loans - net Loans - gross Commercial, industrial, and agricultural loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 78,010 39,441 40,050 23,418 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 31,014 2,855 2,239 5,895 20,025 7,555 15,452 935 2,516 L I A B I L I T I E S Demand deposits adjusted Time deposits except Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings 54,479 18,115 3,212 10,409 1,359 l,4l6 1,505 792 6,159 615 7,561 +166 +468 +468 +279* - 84 + 1 - 8 +226 + 54* -314 289 + 21 - 30 - 16 + 12 +602 - 18 +130 -362 + 9 +930 +322 6 + 5 * March 11 figures revised (Kansas City District) This series was revised March 4, 1953 by the addition of a number of banks. Since year-ago figures comparable to current data are not available, the changes from a year ago, formerly included in this statement, are omitted. w a. * j jJLru-iJL rvx^jrVXXJLXJLIVJ AbbJtiXb A1.M.D iixaDi-iijL JL-L£|Q vr WX e D i 8 t r let s-e r v 1 R e I e r a Fee Total San New Phila- Cleve- Rich- Atlanta Chicago St. Minne-1Kansas Dallas All Boston Francisco apolisl City Louis land mond delphia York Districts H.4.2(a) * A S S E T S 652 1,337 341 846 3,155 1,779 1,187 14,332 7,713 3,229 18 2 8 11 31 100 525 30 724 19 253 29 329 9 129 72 135 280 10 383 2,850 180 22 183 10 5,591 642 365 1,284 3,300 1,075 1,018 139 119 192 552 27 49 124 352 154 1,492 1,197 284 942 222 1,408 144 202 350 712 251 85 563 78 186 57 536 46 233 59 2,344 117 334 96 7,255 2,924 621 1,636 108 2,476 633 126 2,152 452 3,931 1,559 160 420 13 27 41 350 537 7 119 65 556 459 11 31 39 268 676 8 1,678 685 38 378 5 74 35 223 Loans and investments - total Loans - net# Commercial, industrial, and agr'l loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 78,010 39,441 23,418 3*568 1,879 1,146 24,146 13,640 9,286 3,080 l,6l6 928 5,620 2,532 1,518 3,159 1,381 642 2,899 1,240 728 10,971 4,305 2,831 2,570 1,367 736 1,358 3,152 1,505 19 1,126 44 47 11 12 176 792 6,159 615 7,56l 29 290 51 378 293 823 334 1,999 22 147 8 499 71 468 19 90 261 10 458 383 34 95 8 385 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 31,014 2,855 2,239 5,895 20,025 7,555 1,369 70 104 160 1,035 320 8,06l 642 261 1,234 5,924 2,445 1,094 2,553 216 309 579 1,449 535 1,556 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - 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 deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 15,452 935 2,516 1,463 626 67 102 92 5,783 203 154 556 570 49 116 55 971 96 54,479 18,115 3,212 2,932 575 109 17,825 3,259 1,288 2,459 10,409 1,359 l,4l6 2,072 7,314 303 32 32 77 395 3,066 1,086 486 1,096 2,736 67 72 145 810 370 162 200 130 # Individual loan items are reported gross, i.e., before deduction of valuation reserves. 561 76 19 42 239 116 852 568 185 486 36 131 31 489 107 — — 237 14 71 17 304 181 318 689 323 609 39 307 44 129 150 211 707 179 595 46 456 97 31 106 1,563 5,123 275 297 1,014 3,537 1,496 2,132 144 264 274 8,111 6,399 877 259 56 2,284 489 116 2,541 79 366 308 3 53 25 891 116 260 833 10 17 53 300 553 144 108 446 1,019 2 72 37 516
@FedFRASER