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H.U.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) March 4, 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 February 25*. Decreases of $14-3 million in reserve balances with Federal Reserve Banks, $183 million in United States Government deposits, and $386 million in demand deposits credited to domestic banks, and an increase of $200 million in demand deposits adjusted. Commercial, industrial, and agricultural loans increased $2 million at all reporting member banks; changes according to industry are available in another press release. Loans to brokers and dealers for purchasing or carrying securities decreased $95 million. Holdings of Treasury bills decreased $26 million in the Dallas District, $13 million in the Richmond District, and a total of $44 million at all reporting member banks. Holdings of Treasury notes decreased $13 million. Holdings of United States Government bonds increased $23 million. Holdings of "other securities" decreased $4l million in the Chicago District, $33 million in New York City, and by smaller amounts in all of the other districts; there was a decrease of $103 million at all reporting member banks. Demand deposits adjusted increased $119 million in the Chicago District, $82 million in the Atlanta District, $62 million in the Cleveland District, and $4l million in the Minneapolis District, but they decreased $140 million in New York City. Time deposits increased $26 million. United States Government deposits and demand deposits credited to domestic banks decreased in all districts. Borrowings decreased $42 million at all reporting member banks. A summary of assets and liabilities of reporting member banks follows: A S S E T S Loans and investments ~ total Loans - net Loans - gross Commercial, industrial, and agricultural loans Loans to brokers and dealers for purchasing or carrying: U. S. Government obligations Other securities Other loans for purchasing or carrying: U. S. Government obligations Other securities Real estate loans Loans to banks Other loans 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 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 Debits to demand deposit accounts, except interbank and U, S. Government accounts, during week Increase or Feb. decrease since Feb. 18, I Feb. 27, 25, 1953* 1953* 1952 (In millions of dollars) 76,826 -224 +3,300 38,410 - 84 +3,717 39,011 - 79 +3,775 22,711 + 2 +1,554 288 1,165 132 657 6,053 728 7,277 31,052 3,128 2,250 5,850 19,824 7,364 14,574 962 2,367 53,243 17,701 3,488 9,997 1,261 1,170 - 62 - 33 - 2 + 8 - 2 + 10 - 37 - 44 - 3 - 13 + 23 -103 -143 + 54 - 79 +200 + 26 -183 -3 86 + 8 - 42 110 266 + 30 + 99 + 401 + 37 +1,278 - 840 - 727 -1,548 - 103 +1,538 + 423 + 70 + 38 + 16 + 560 +1,250 + 778 + 139 + 49 + 222 26,191 (Revised figure previous * San Francisco District figures are as of February 18, as revised. + + ASSETS film LIABILITIES OF WEEKLY REPORTING I-EI-BER BATKS IN LEADING CITIES, February 25, 1953 Total F e d e r a l Re s e r v e D i s t r i c t. New All * Phila- Cleve- RichSt. Minne- Kansas San Boston Atlanta Chicago Dallas Districts York delphia land mond Louis apolis City Francisco* A S S E T S 76,826 3,368 23,562 3,001 5,503 3,168 2,943 10,886 2,620 1,357 3,163 3,091 14,164 Loans and investments - total 632 1,333 1,755 7,518 38,410 1,731 13,269 1,542 2,439 1,342 1,226 4,250 1,373 Loans - net§ 846 1,193 320 3,167 1,088 8,992 876 1,441 611 715 2,730 732 Commercial, industrial, and agr'l loans 22,711 Loans to "brokers and dealers for purchasing or carrying: 6 — — 82 2 16 2 1 176 288 3 U. S. Government obligations 8 10 8 • 100 23 13 34 916 32 12 7 Other securities 1,165 Other loans for purchasing or carrying: 6 24 1 10 U. S. Government obligations 5 5 2 13 13 4 5 45 132 8 62 18 24 14 80 26 Other securities 21 241 79 25 59 657 182 260 2,817 129 129 261 96 Real estate loans 525 447 281 149 6,053 777 44 58 8 13 70 Loans to banks 42 12 453 7 728 17 1,514 181 273 721 325 Other loans 481 379 1,885 437 377 334 7,277 571 1,507 I , I 5,159 1,467 5,579 1,066 7,908 1,096 2,559 1,605 1,371 U. S. Government securities - total 31,052 46 111 306 624 331 187 173 294 650 237 90 3,128 79 Treasury bills 148 292 348 51 195 125 211 141 66 311 107 2,250 255 Treasury certificates of indebtedness 1,015 213 122 323 286 1,285 195 140 566 161 1,192 352 5,850 Treasury notes 683 692 3,521 352 3,322 1,388 941 811 573 717 5,811 1,013 19,824 U. S. bonds 1,487 181 172 154 323 221 250 1,057 266 363 505 2,385 Other securities 7,364 2,084 609 623 236 456 2,250 560 556 942 5,168 519 Reserves with Federal Reserve Banks 14,574 571 40 l4l 14 47 82 125 49 37 98 213 51 65 962 Cash in vault 263 385 71 299 139 116 171 330 237 136 137 83 Balances with domestic banks 2,367 46 270 61 114 19 34 97 580 58 91 57 Other assets - net 1,522 95 L I A B I L I T I E S 899 2,284 2,448 7,980 2,665 17,420 2,306 3,803 2,397 2,213 7,209 1,619 Demand deposits adjusted 53,243 6,333 259 482 497 2,928 560 497 627 1,492 429 3,043 Time deposits except Govt. 17,701 554 443 76 142 118 118 112 164 189 693 1,009 273 3,488 151 U. S. Government deposits 524 296 867 781 1,605 699 408 643 501 435 285 2,953 Interbank demand deposits: Domestic banks 9,997 110 3 2 10 42 8 8 10 5 1,019 13 1,261 31 Foreign banks 20 100 21 88 68 79 252 29 83 361 Borrowings 34 35 1,170 456 126 28 34 57 44 43 35 45 1,151 82 73 Other liabilities 2,174 116 260 297 850 225 997 238 267 346 538 2,703 380 CAPITAL ACCOUNTS 7,217 K.4.2(B) Debits to demand deposit accounts, except 926 10,739 947 1,594 894 interbank and U. S. Govt, accounts 26,191 # Individual loe~. 'curcs ars reported gross, i.e., before deduction of valuation reserves. 887 3,556 682 387 964 982 3,633 * San Francisco District figures are as of February 18, as revised.
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