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H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) October 21, 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 October 14: Increases of $l60 million in reserve balances with Federal Reserve Banks, $289 million in balances with domestic banks, $346 million in demand deposits adjusted, and $629 million in demand deposits credited to domestic banks, and decreases of $624 million in United States Government deposits and $168 million in borrowings. Commercial, industrial, and agricultural loans increased in most districts, and a total of $55 million at all reporting member banks; the principal changes were increases of $19 million in the St. Louis District, $14 million in New York City, and $13 million in the Atlanta District, and a decrease of $18 million in the Cleveland District. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying securities decreased $96 million. Real estate loans increased $20 million. Loans to banks decreased $116 million. Holdings of Treasury bills decreased in five districts and increased in the other seven, resulting in a net decrease of $84 million; the principal change was a decrease of $158 million in New York City. Holdings of Treasury notes increased $54 million. Holdings of "other" securities decreased $36 million. Demand deposits adjusted increased in most districts; the principal changes were increases of $118 million in the Chicago District, $97 million in the San Francisco District, $73 million in the Kansas City District, and $68 million in the Cleveland District, and a decrease of $213 million in New York City. Time deposits increased $127 million, largely in New York City and representing deposits of States and political subdivisions and of banks. Borrowings decreased $116 million in New York City and by smaller amounts in most of the other districts. A summary of assets and liabilities of reporting member banks follows: Oct. 14, 1953 Increase or decrease since Oct. 15, Oct. 7, 1952 1953 (In millions of dollars) 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 securities Other loans for purchasing or carrying securities Real estate loans Loans to banks Other loans 78,902 40,037 40,658 23,201 -213 -137 -137 + 55 + 296 +2,344 +2,394 + 965 1,696 732 6,4l8 656 7,955 - 96 - 2 + 20 -116 + 2 + 102 47 + 412 - 146 +1,108 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 31,319 2,013 5,438 6,625 17,243 7,546 - 40 - 84 8 + 54 - 2 - 36 -1,996 -2,036 +2,895 + 239 -3,094 52 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 14,254 1,018 2,805 +160 + 93 +289 + + 53,307 18,995 3,224 11,322 1,229 673 +346* +127 -624 +629* - 19 -168 61 +1,502 -1,436 - 216 - 123 - 556 941 62 79 iI AS I 11 T I E S Demand deposits adjusted Time deposits except Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Digitized for * FRASER October 7 figures revised (Chicago District). a o o a i J fum ijxjujxjuj Total All Boston Districts New York A S S E T S ~ , —7 r — Feel e r a l R e s e r v e D i s t r i c t San Phila- Cleve- Rich- Atlanta Chicago St. jMinne- Kansas Dallas Francisco Louis1apolis City land mond delphia (In millions of dollars) 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 78,902 40,037 23,201 3,557 1,894 1,112 24,395 13,748 9,123 3,066 1,692 944 5,643 2,519 1,444 3,164 1,397 64o 2,954 1,266 728 11,034 4,454 2,871 2,631 1,399 749 1,388 704 356 3,151 1,310 789 3,205 1,796 1,174 14,714 7,858 3,271 1,696 16 1,329 36 41 14 13 184 8 2 8 8 37 732 6,4l8 656 7,955 24 312 42 423 248 853 393 2,023 19 165 14 547 68 484 51 481 61 264 22 412 38 90 15 404 116 544 19 802 18 255 34 353 11 136 9 199 22 189 21 293 73 136 6 417 34 2,990 30 1,601 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 31,319 2,013 5,438 6,625 17,243 7,546 1,334 97 194 137 906 329 8,262 628 1,260 1,247 5,127 2,385 1,024 50 149 129 696 350 2,611 122 541 713 1,235 513 1,540 107 274 362 797 227 1,421 126 284 389 622 267 5,533 243 881 1,477 2,932 1,047 1,031 63 264 267 437 201 539 18 86 155 280 145 1,513 263 296 377 577 328 1,219 124 263 219 613 190 5,292 172 946 1,153 3,021 1,564 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 14,254 1,018 2,805 1,512 561 73 114 90 5,048 240 166 571 519 52 134 57 924 100 180 85 541 83 209 57 507 48 261 59 2,169 127 343 105 468 36 145 33 230 15 89 19 578 41 348 43 551 49 520 93 2,158 154 296 300 53,307 18,995 3,224 2,813 571 117 17,249 2,294 464 3,622 133 1,277 3,844 2,395 648 206 136 2,155 575 7,147 3,030 535 1,646 505 86 889 265 62 2,236 516 104 2,452 576 82 8,187 11,322 1,229 673 2,230 7,511 362 28 9 94 401 474 16 39 48 360 594 7 24 70 566 523 10 21 43 683 9 1,902 764 3 41 38 230 363 4 11 969 2 119 272 895 11 33 48 321 633 107 154 495 1,044 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 3,160 993 176 1,155 2,788 1,621 278 $ Individual loan items are reported gross, i.e., before deduction of vaulation reserves. 86 28 45 248 39 109 132 884 28 28 34 6,602 400
@FedFRASER