View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

H.k.2

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(Fbr Immediate Release)
November 3, 195k
CONDITION OF "WEEKIff 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 leading c i t i e s
shows t h e following p r i n c i p a l changes f o r t h e week ended October 27: An i n c r e a s e
of $580 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 $375 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 $30k 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 b a n k s .
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 $6k m i l l i o n in New
York C i t y , $16 m i l l i o n i n the Cleveland D i s t r i c t , and $13 m i l l i o n i n the
P h i l a d e l p h i a D i s t r i c t , and they i n c re ase d $12 m i l l i o n i n t h e S t . Louis D i s t r i c t ?
t h e r e was a n e t decrease of $83 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 * Real e s t a t e loans increased
$23 m i l l i o n .
Holdings of Treasury b i l l s i n c r e a s e d $78 m i l l i o n a t a l l r e p o r t i n g member banksJ
t h e p r i n c i p a l changes were i n c r e a s e s of $77 m i l l i o n i n New York C i t y and $k0 m i l l i o n i n Chicago, and decreases of $32 m i l l i o n i n t h e San Francisco D i s t r i c t and
$26 m i l l i o n i n t h e Kansas City D i s t r i c t . Holdings of Treasury c e r t i f i c a t e s of
indebtedness decreased $27 m i l l i o n . Holdings of Treasury notes and of United S t a t e s
Government bonds i n c r e a s e d $39 m i l l i o n and $1*0 million, r e s p e c t i v e l y #
Demand d e p o s i t s a d j u s t e d i n c r e a s e d $167 m i l l i o n i n New York C i t y , $lk2 m i l l i o n
i n the Cleveland D i s t r i c t , $138 m i l l i o n i n t h e Chicago D i s t r i c t , and by smaller
amounts i n a l l b u t one of t h e o t h e r d i s t r i c t s . Time d e p o s i t s i n c r e a s e d $29 m i l l i o n .
United S t a t e s Government d e p o s i t s and demand d e p o s i t s c r e d i t e d to domestic banks
decreased i n a l l d i s t r i c t s .
Borrowings decreased $60 m i l l i o n a t a l l r e p o r t i n g member banks.
A summary o f 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 :

Oct.
27,
195k

I n c r e a s e or
decrease s i n c e
O c t . 20,
Oct* 20,
1951t
1953
([In m i l l i o n s of d o l l a r s )

ASSETS
Loans and investments a d j u s t e d ! /
Loans a d j u s t e d ! '
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 b r o k e r s 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 loans f o r purchasing o r c a r r y i n g s e c u r i t i e s
Real e s t a t e l o a n s
Other loans

81,789
38,679
21,043

+llk
*•* 30
- 83*

+6,057
- 809
-2,258

2,lt07
993
6,978
7,920

- 5
+ 20
+ 23
+ 15*

+
+
+
-

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

37,533
2,706
2,375
8,688
23,76k
8,577

+130
+ 78
«* 27
+ 39
+ kO
+ Ik

+5,738
+ 318
-3,127
+ 2,03k
+6,513
+1,128

Loans to banks
Reserves with Federal Reserve Banks
Cash i n v a u l t
Balances with domestic banks

709
13,86k
1,003
2,662

- 28
- 60
+ 56
-12k

-

56,050
21,375
3,990
11,190
l,3k9
621

+580
+ 29
-375
-30k
- 8
- 60

+1,358
+2,256
+I,k59
+ 568
+
76
- 228

+

7kk
269
5k0
63

97
296
1
k5

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 U. S. 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

1 / Exclusive of loans to banks and a f t e r deduction of v a l u a t i o n r e s e r v e s } i n d i v i d u a l
loan items a r e shown gross*

*
October
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 ) #


ASSETS AND LIABI

Total
All
Boston
Districts

New
York

F e d e r a 1 R e s e r v e D jL s t r i c t
San
P h i l a - Cleve- Rich- A t l a n t a Chicago S t . Minne- Kansas D a l l a s
a
p
o
l
i
s
C
i
t
y
F
r
a
ncisco
Louis
mond
delphia
land
( I n m i l l i o n s of d o l l a r s )

ASSETS
Loans and i n v e s t m e n t s a d j u s t e d ! /
Loans a d j u s t e d ! /
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 o r c a r r y i n g
securities
Real e s t a t e l o a n s
Other l o a n s

"84,789
38,679
21,043

3,806
1,909
1,093

26,582
12,821
7,835

3,311
1,715
887

5,896
2,309
1,103

3,354
1,459
654

3,183
1,298
753

11,557
4,223
2,514

2,755
1,353
697

1,489
670
329

3,381
1,421
860

3,665
1,948
1,287

15,810
7,553
3,031

2,407

33

1,865

50

102

25

15

224

13

3

12

14

51

993
6,978
7,920

21
343
458

401
930
2,021

33
198
583

75
564
517

89
291
418

33
99
420

144
652
785

22
270
370

13
144
190

20
231
310

98
157
410

44
3,099
1,438

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

37,533
2,706
2,375
8,688
23,764
8,577

1,534
132
111
197
1,094
363

10,946
895
606
2,471
6,974
2,815

1,137
57
79
195
806
459

2,951
138
201
740
1,872
636

1,630
89
95
355
1,091
265

1,598
147
146
4l8
887
287

6,216
356
329
1,535
3,996
1,118

1,184
83
64
340
697
218

678
73
60
183
362
l4l

1,601
177
102
435
886
359

1,489
172
155
282
880
228

6,569
387
426
1,537
4,219
1,688

Loans t o banks
Reserves 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
L I A B I L I T I E S

709
13,864
1,003
2,662
1,798

27
567
76
109
102

436
4,812
232
153
710

15
523
55
104
72

48
932
98
151
94

24
519
83
186
63

10
496
48
237
62

63
2,055
121
329
128

27
450
35
150
41

5
233
14
84
21

11
563
42
347
47

11
618
47
510
118

32
2,096
152
302
340

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 U. S. 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

56,050
21,375
3,990

2,961
619
179

18,066
4,605
1,575

2,432
586
149

4,032
1,714
238

2,453
712
184

2,275
615
128

7,445
3,176
593

1,732
538
107

943
276
68

2,375
564
129

2,676
724
135

8,660
7,246
505

378
3
21
29
128

982
2
13
33
293

988
15
10
63
358

559
121
30
478
1,133

1/

1,809
769
677
505
432
11,190
3,199
537
355
4
8
48
8
10
16
1,083
31
1,349
18
14
12
72
13
45
621
334
39
84
48
151
39
1,179
51
91
55
2,301
251
298
270
2,884
412
959
369
594
7,949
E x c l u s i v e of l o a n s t o banks and a f t e r d e d u c t i o n of v a l u a t i o n r e s e r v e s ; i n d i v i d u a l loan items ;are shown g r o s s .