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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) HI4,2 November 12, 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 November 4: A decrease of $251 million in loans to banks, and increases of $323 million in reserve balances with Federal Reserve Banks, $291 million in demand deposits credited to domestic banks, and $318 million in borrowings, and a decrease of $687 million in demand deposits adjusted. Commercial, industrial, and agricultural loans increased in seven districts and decreased in the other five, resulting in a net increase of $14 million at all reporting banks; the principal changes were increases of $15 million in the San Francisco District, $14 million in the Atlanta District, and $11 million in the St. Louis District, and decreases of $12 million each in the New York District outside of New York City and in the Cleveland District, and $11 million in the Chicago District. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying securities increased $184 million. Holdings of Treasury bills decreased $152 million, of which $134 million was in New York City. Holdings of Treasury notes increased $26 million. Holdings of "other" securities increased $40 million in the San Francisco District and a total of $88 million at all reporting member banks. Demand deposits adjusted decreased $345 million in New York City, $73 MILLION in the San Francisco District, $63 million in the Cleveland District, and $6l million in Chicago. Time deposits increased $51 million. Borrowings increased $265 million in New York City and $89 million in Chicago, but they decreased $51 million in the Chicago District outside of Chicago. A summary of assets and liabilities of reporting member banks follows: Nov. 4, 1953 Increase or decrease since Nov. 5, Oct. 28, 1952 1953 [In millions of dollars) ASSETS 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 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 79,413 40,224 40,846 23,315 -125 - 70 - 69 + 14 +1,418 +2,430 +2,480 + 645 1,847 720 6,427 555 7,982 +184 - 4 - 11 1 +1,031 31,652 2,236 5,485 -143 -152 - 17 -1,093 -1,386 +3,022 + 331 -3,060 + 81 -251 - 6,680 + 26 17,251 7,537 + 88 14,483 948 2,493 54,005 19,170 2,554 10,913 1,279 1,167 +323 - 56 -124 -687 + 51 + 23 +291 + 6 +318 + + + + + 315 28 392 125 515 20 52 + 245 +1,536 - 735 + 121 58 - 551 H.4.2(a) ASSETS ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES. November 4, 1953 F e d e r a l Res erve D i s t r i c t Total San RichClevePhilaNew All Atlanta Chicago St. Minne- Kansas Dallas Boston Francisco Louis apolis City land mond York delphia Districts (In millions of dol]Lars) 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 79,413 40,224 23,315 3,636 1,942 1,090 24,521 13,678 9,123 3,036 1,687 942 5,630 2,502 1,437 3,181 l,4ll 644 2,984 1,310 778 11,136 4,501 2,855 2,641 1,435 794 1,847 19 1,403 36 49 18 13 237 9 720 6,427 555 7,962 24 248 854 250 433 66 486 7 507 57 2,022 18 166 10 548 37 87 12 405 117 547 27 800 17 255 24 354 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 31,652 2,236 5,485 6,680 17,251 7,537 1,375 l4l 197 141 8,524 1,007 44 139 1,410 107 5,576 875 1,518 2,923 1,059 1,005 47 257 270 431 201 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 14,483 948 2,493 1,573 Demand deposits adjusted Time deposits except Government TJ. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 310 101 762 1.318 1,282 261 30 417 2,608 1,533 115 109 270 556 5,162 126 698 319 2.319 342 714 1,229 520 546 111 94 5,359 234 157 593 527 51 122 60 971 95 149 87 54,005 19,170 2,554 2,912 568 97 17,648 3,734 985 2,318 456 126 3,900 1,619 10,913 1,279 1,167 2,254 7,568 351 31 3,075 1,046 44o 1,134 434 14 38 49 361 538 496 659 1,801 66 73 43 47 66 52 183 896 66 8 85 401 2,802 160 8 568 349 799 237 374 640 264 541 75 494 43 226 61 2,110 117 312 115 462 35 135 35 115 2,124 579 70 7,239 3,047 445 1,643 507 71 762 178 61 2,397 652 6 280 # Individual loan items are reported gross, i.e., before deduction of valuation reserves. 289 260 8 250 39 132 904 2 51 41 231 3,278 1,844 14,816 800 1,210 7,910 3,297 17 37 196 20 190 18 289 72 135 15 413 33 2,999 51 1,598 548 18 1,527 275 1,235 153 5,304 1,383 692 345 11 137 10 3,171 1,312 374 580 261 209 612 143 332 199 241 14 77 561 37 316 43 583 46 442 99 100 160 270 20 298 205 925 1,163 3,011 1,602 2,088 135 268 305 900 2,217 2,488 265 519 593 44 89 65 8,219 889 590 107 363 3 11 29 120 955 2 28 44 274 13 27 52 321 6,631 287 206 516 1,056
@FedFRASER