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BOARD OF GOV EM OR S OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) April 11, 1956 H.lu2 CONDITION OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended April 1*: Decreases of $11*3 million in holdings of United States Government securities, %3hl million in demand deposits adjusted, and £933 million in United States Government deposits; and an increase of $862 million in demand deposits credited to domestic banks. Commercial and industrial loans decreased $161 million at all reporting member banks; the principal changes were decreases of ^2lt8 million in New York City and $16 million in the Boston District, and increases of S35 million in Chicago, $3ii million in the Cleveland District, 131 million in the San Francisco District, and $15 million in the Philadelphia District. Changes according to industry appear in another press release. "Other" loans increased $37 million. Holdings of Treasury bills decreased $202 million in Chicago and increased $77 million in New York City; there was a net decrease of $87 million at all reporting member banks. Holdings of Treasury certificates of indebtedness and of United States Government bonds decreased $1*5 million and $28 million, respectively. Holdings of Treasury notes increased $17 million. Holdings of "other" securities increased $62 million. Demand deposits adjusted decreased $153 million in New York City and $106 million in the Chicago District, but they increased $58 million in the San Francisco District. Borrowings from Federal Reserve Banks decreased $25 million and borrowings from others decreased $79 million. Loans to banks decreased $126 million. Increase or decrease since Apr. 6, Mar, 2b, 1955 1956 (In millions of dollars) Apr. b, 1956 ASSETS Loans and investments adjusted 1/ Loans adjusted l/ Commercial an3 industrial loans Agricultural loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securities Real estate loans Other loans + 1*1*1 +7,765 8 5,1*51* 19,277 27,105 183 -177 - 96-::-161)* - 32) 2,1*95 1,29b 8,3l*lt 10,110 + 59 + 2 + 3 + 37* 17k + 188 2/ + 862 2/ +1,889 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 27,852 750 663 6,51*1 19,898 8,325 -ll*3 - 87 - 1*5 + 17 - 28 + 62* -6,573 - 989 -1,191 -2,217 -1,876 - 751 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks L I A B I L I T I ES 1,2)49 13,291 911* 2,622 -126 - 91 - 81* + 89 + 38U - 1*76 + 26 + 11*5 2/ +5,139 - + 306 Demand deposits adjusted -31,1 55,392 + 59 + 22 Time deposits except U. S. Government 21,61*0 - 901 U. S. Government deposits 3,601 -933 + 22 +862 Interbank demand deposits: Domestic banks 10,858 Foreign banks + 137 + 32 1,550 + 10 Borrowings: From Federal Reserve Banks - 25 5tii + 266 • From others 857 - 79 l/ Exclusive of loans to banks and after deduction of valuation reserves; individual ~ loan items are shown gross. 2/ October 5, 1955 reclassification increased commercial and industrial loans $318 — million and decreased real estate loans and "other" loans $291* and $2> millions, respectively. « • March 28 figures revised due to a reclassification of holdings. ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, APRIL 4, 19 56 Federal R eserve District Total San St. Minne- Kansas RichNew Phila- CleveAll Boston York delphia land mond Atlanta Chicago Louis apolis City Dallas Francisco Districts (In millions of dollars) ASSETS 85,454 3,812 25,852 3,294 6,076 3,399 3,307 11,795 2,709 1,440 3,349 3,774 16,647 Loans and investments adjusted l/ 824 1,743 2,392 9,521 49,277 2,379 16,251 2,220 3,180 1,764 1,715 5,729 1,559 Loans adjusted l/ 412 1,470 3,747 781 915 950 3,533 799 27,105 1,427 10,359 1,151 1,561 Commercial and industrial loans 242 104 18 8 21 35 17 14 1 1 12 10 483 Agricultural loans Loans to brokers and dealers for 22 105 4 21 30 247 25 156 35 65 47 1,738 2,495 purchasing or carrying securities Other loans for purchasing or carrying 130 12 23 53 48 68 29 187 130 28 529 1,294 57 securities 206 3,685 281 274 171 154 772 330 720 219 8,344 350 1,182 Real estate leans 1,823 418 560 220 1,088 450 542 671 559 2,736 5 66 10,410 777 Other loans 46l 1,254 1,149 5,433 919 769 2,275 1,367 1,279 4,851 27,852 1,103 6,992 U. S. Government securities - total 86 54 54 60 25 9 63 11 99 30 23 236 750 Treasury bills 42 103 18 34 32 96 58 81 17 32 38 112 663 Treasury certificates of indebtedness 246 1,293 124 347 255 437 1,268 305 711 136 6,541 193 1,226 Treasury notes 807 3,983 310 607 787 3,388 724 982 1,472 849 571 5,418 19,898 U. S. bonds 1,693 233 352 231 268 155 1,215 621 313 2,609 305 330 8,325 Other securities 22 250 4l 16 14 11 39 16 27 25 38 750 1,249 Loans to banks 2,031 564 202 411 549 1,891 ' 526 509 518 937 13,291 559 4,594 Reserves with Federal Reserve Banks 136 14 45 114 34 37 47 46 64 93 209 75 914 Cash in vault 528 324 279 149 256 290 73 139 216 177 94 2,622 97 Balances with domestic banks 146 362 52 23 134 45 72 92 92 807 75 92 1,992 Other assets - net H.4.2(a) LIABILITIES 55,392 2,946 17,793 2,433 3,958 2,521 2,323 6,990 1,686 Demand deposits adjusted 562 629 3,178 745 624 4,342 475 1,752 21,640 Time deposits except U. S. Government 123 160 3,601 159 1,286 155 578 295 113 U. S. Government deposits Interbank demand deposits: 691 762 1,743 458 506 445 Domestic banks 345 3,062 10,858 4 42 11 10 22 7 Foreign banks 35 1,209 1,550 Borrowings: 24 3 347 61 13 14 10 21 54l From Federal Reserve Banks 8 l48 66 17 47 5 478 3 857 From others 38 46 139 50 81 63 2,443 93 1,194 Other liabilities 272 1,039 307 643 329 391 3,054 8,640 l 436 CAPITAL ACCO U N T S 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shewn gross. _e 866 2,344 2,601 850 561 291 128 123 61 8,931 7,631 420 367 4 944 1,005 21 3 530 182 8 3 27 l4l 7 l 34 330 4 29 81 6l4 1,287 64 4ll
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