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H.U.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) August 31, 1955 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 August 2In Decreases of $289 million in holdings of United States Government securities, $313 million in reserve balances with Federal Reserve Banks, and $607 million in demand deposits credited to domestic banks, and an increase of $309 million in demand deposits adjusted. Commercial, industrial, and agricultural loans increased in most districts and a total of $110 million at all reporting member banks; the principal changes were increases of $69 million in New York City, $16 million in the San Francisco District, $13 million in the Chicago District, and $10 million in the Cleveland District, and a decrease of $12 million in the Dallas District, Changes according to' industry appear in another press release. Real estate loans increased $31 million. "Other" loans increased $l|ii million. Holdings of Treasury bills and certificates of indebtedness decreased $81 million and $55 million, respectively. Holdings of Treasury notes decreased $31 million in the San Francisco District and a total of $87 million at all reporting member banks. Holdings of United States Government bonds decreased $66 million, of which $58 million was in New York City. Demand deposits adjusted increased $111 million in Chicago, $85 million in New York City, and by smaller amounts in eight other districts. Time deposits decreased $35 million. Borrowings from Federal Reserve Banks decreased $111 million in Chicago and a total of $219 million. Borrowings from others increased $120 million. Loans to banks increased $172 million. A summary of assets and liabilities of reporting member banks follows: # •xlTX hO-^tlA Increase or decrease since Aug. 17, Aug. 25, 1955 195h (In millions of dollars) ASSETS Loans and investments adjusted!/ Loans adjusted!/ 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 Other loans 81,098 W*,LL3 2l,o5o -112 +181 +110 +1,730 +6,i|80 +3,277 2,U13 1,189 8,100 9,128 + k - 7 + 31 + a + 127 + 292 +1,277 +1,589 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 30,972 916 651 8,U08 20,997 8,683 -289 - 81 - u -5,135 -2,507 -1,922 +1,750 -2,U56 + 385 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,09U 13,131 960 2,358 +172 -313 + 22 -116 + + - L I A B I L I T I E S Demand deposits adjusted Time deposits except U. S. Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings: From Federal Reserve Banks From others 55,669 21,532 3,369 10,031 1,116 275 726 +309 - 35 - 5 -607 + 2 -219) +120) +1,1*51+ + 276 - 319 - 679 + 119 T + c.y 0 01L - 55 - 87 - 66 >*85 U90 28 108 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. — ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIESAUGUST 2k, 1955 Federal Reserve D 1 st r i c t Total San New Phila- Cleve- Rich- Atlanta Chicago St. Minne- Kansas Dallas All Boston Louis apolis City Francisco York delphia land mond lstricts (In millions of dollars) ASSETS 5,986 3,354 3,243 11,538 2,699 1,481 3,394 3,715 16,367 84,098 3,722 25,346 3,253 Loans and investments adjusted l/ 800 1,644 2,275 8,519 2,026 14,640 2,794 1,662 1,533 4,935 1,482 44,443 2,133 Loans adjusted l/ 412 1,463 3,488 867 969 2,915 1,322 715 749 Commercial, industrial, and agr'l loans 24,050 1,193 8,938 1,019 Loans to brokers and dealers for 20 4 15 48 19 143 27 197 27 55 2,413 29 1,829 purchasing or carrying securities Other loans for purchasing or carrying 18 120 68 48 42 23 100 176 27 478 30 1,189 59 securities 146 205 662 274 298 3,368 159 330 243 8,100 384 1,252 779 Real estate loans 1,682 968 443 217 378 510 493 619 698 475 540 2,405 9,428 Other loans 6,070 5,366 969 517 1,392 1,188 893 2,554 l,4l8 1,376 U. S. Government securities - total 30,972 1,194 8,035 120 80 43 108 19 14 92 28 38 7 75 292 916 Treasury bills 8 202 6 46 124 30 17 14 21 l4l 23 651 19 Treasury certificates of indebtedness 444 280 1,748 176 458 1,476 216 284 1,848 373 770 8,408 335 Treasury notes 848 4,045 326 798 1,031 642 3,674 571 1,653 792 863 5,754 20,997 U. S. bonds 164 248 252 358 1,778 638 274 334 1,237 334 8,683 Other securities 395 2,671 14 25 173 48 21 28 25 10 96 627 1,094 27 Loans to banks 2,116 204 402 562 1,898 569 914 536 505 4,424 483 518 13,131 Reserves with Federal Reserve Banks 42 49 118 15 155 49 20 6 94 35 49 79 69 960 Cash in vault 310 271 160 453 129 76 243 136 275 138 89 78 2,358 Balances with domestic banks 24 130 126 47 349 43 65 69 90 760 87 1,884 94 Other assets - net H.2(a) — — L I A B I L I T I E S Demand deposits adjusted Time deposits except U. S. Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings: From Federal Reserve Banks From others Other liabilities CAPITAL ACCOUNTS 55,669 21,532 3,369 2,834 17,654 2,383 610 4,286 505 139 171 1,129 3,984 1,746 251 2,474 2,375 632 729 138 98 7,310 1,728 3,190 557 102 619 8,961 7,597 428 10,031 1,416 314 28 2,886 1,090 394 19 502 8 434 11 621 10 1,659 47 606 4 351 3 907 2 832 19 525 175 275 726 2,l8l 8,326 3 38 86 424 33 348 1,105 2,970 38 46 60 387 16 62 75 624 41 42 45 312 38 18 44 290 26 70 126 i,oo4 9 26 38 263 18 16 27 136 33 16 33 317 13 11 51 385 7 33 491 1,214 l/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. 902 2,381 2,683 286 835 559 61 112 121
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