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H.4.2 BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYSTEM (For Immediate Release) September 9, 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 September 2: Decreases of $207 million in holdings of United States Government securities, $226 million in reserve balances with Federal Reserve Banks, $296 million in demand deposits adjusted, $372 million in United States Government deposits, and an increase of $529 million in demand deposits credited to domestic banks • Commercial, industrial, and agricultural loans increased $68 million in the New York District and a total of $78 million at all reporting member banks. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying securities increased $183 million. Loans to banks increased $106 million. Holdings of Treasury bills decreased $64 million in New York City, $32 million in the Chicago District,and a total of $143 million at all reporting member banks. Holdings of certificates of indebtedness and of Treasury notes decreased $0% million and $21 million, respectively. Holdings of Government bonds decreased $46 million in the San Francisco District but increased $29 million in the Chicago District; the net decrease at all reporting member banks was $19 million. Holdings of "other" securities decreased $89 million. Demand deposits adjusted decreased in most districtsj the principal decreases were $127 million in New York City, $50 million in the Chicago District outside Chicago, and $45 million in the Cleveland District. Borrowings decreased in most districts, but they increased $109 million in New York City and $26 million in Chicago; the net increase at all reporting member banks was $9 million. A summary of assets and liabilities of reporting member banks follows: Sept. 2, * 1953 ASSETS Loans and investments - total 79,382 Loans - net 40,064 Loans - gross 40,687 Commercial, industrial, and agricultural loans 22,969 Loans to brokers and dealers for purchasing or carrying securities 1,849 Other loans for purchasing or carrying securities 732 Real estate loans 6,364 Loans to banks 760 Other loans 8,013 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 LIABILITIES Demand deposits adjusted Time deposits except Government U« S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings 31,798 2,290 4,705 5,367 19,436 7,520 14,138 899 2,441 53,034 18,629 4,841 10,089 1,243 915 * Preliminary (San Francisco District) because of holiday. Increase or decrease since Aug. 26, Sept. 3, 1953 1952 (In millions of dollars) + 81 +377 +378 + 78 +3,252 +3,977 +4,033 +1,769 +183 + - 3 + 6 +106 + 8 -207 -143 - 24 - 21 - 19 - 89 -226 - 58 + 87 -296 + 6 -372 +529 + 9 - 378 69 + 453 + 145 +1,357 - 570 - 335 +1,437 - 673 - 999 - 155 - 440 39 + 95 + 52 +1,356 +1,469 - 108 - 104 - 339 H.4.2(a) ASSETS MID LIABILITIES OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES. September 2. 1953 ~ Federal Reserve District Total* San Phila- Cleve- Rich- Atlanta Chicago St. Minne- Kansas Dallas All Boston New Francisco* Louis apolis City York delphia land mond Districts (in millions of dollars) ASSETS Loans and investments - total Loans - net# Commercial, industrial, and agrTl 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 4 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 Other assets - net LIABILITIES Demand deposits adjusted Time deposits except Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 79,382 40,064 22,969 3,542 24,624 1,387 13,743 1,120 8,961 3,053 1,689 943 5,702 3,167 2,962 2,546 1,400 1,222 687 632 1,495 11,298 2,540 4,593 1,337 2,873 679 10 39 71 135 14 418 36 2,968 20 1,622 5,628 1,002 60 319 834 204 1,155 195 3,320 543 1,077 201 558 1,514 1,241 263 148 33 210 260 73 176 120 317 707 674 332 186 151 324 5,331 169 768 925 3,469 1,542 2,154 114 304 119 238 13 S3 19 537 45 am 91 2,114 139 266 296 880 2,201 2,477 510 573 263 124 148 104 8,048 6,536 604 908 2 47 42 269 562 100 170 493 1,042 1,849 17 1,421 50 46 15 15 215 9 732 760 8,013 24 305 38 418 245 850 449 2,040 71 480 6 498 63 262 29 415 38 91 11 402 114 537 125 811 18 253 40 356 31,798 2,290 4,705 5,367 19,436 7,520 1,334 99 147 102 986 321 8,516 691 1,124 1,052 5,649 2,365 14,138 899 2,441 1,570 556 63 102 90 5,033 197 134 604 19 160 6 543 1,021 43 122 106 750 343 520 45 114 62 6,364 53,034 18,629 4,841 10,089 1,243 915 2,197 7,482 2,768 17,210 576 3,365 182 1,876 303 28 12 84 400 2,865 1,015 341 1,139 2,781 2,268 468 198 413 17 26 46 358 2,636 1,540 1,477 161 121 183 238 228 497 350 273 596 728 918 1,360 263 227 520 947 93 149 91 532 73 172 61 498 45 215 61 3,815 2,343 2,145 573 647 1,614 138 322 194 546 7 43 72 563 457 7 34 46 277 582 9 44 43 247 ,394 3,151 3,209 14,740 685 1,313 1,782 7,867 793 1,153 3,287 346 435 34 130 34 7,271 1,608 3,004 500 814 137 626 2 36 36 228 1,731 44 123 122 880 11 135 2 197 340 2 11 28 119 22 188 20 293 574 38 322 42 756 10 28 46 318 $ Individual loan items are reported gross, i.e., before deduction of valuation reserves, ^Preliminary (San Francisco District) because of holiday. 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