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• • BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM December lit, 1955 (For Immediate Release) 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 December 7: An increase of $356 million in demand deposits adjusted and a decrease of $981 million in United States Government deposits. Commercial, industrial, and agricultural loans increased in all but two districts and a total of $103 million at all reporting member banks; the principal increases were $39 million in the San Francisco District, $27 million in Chicago, and $20 million in New York City. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying United States Government and other securities increased $109 million. Real estate loans decreased $32 million, "Other" loans increased $38 million. Holdings of Treasury bills and Treasury certificates of indebtedness increased $51i million and $115 million, respectively. Holdings of Treasury notes decreased $100 million in the San Francisco District, $58 million in the Cleveland District, and a total of $232 million at all reporting member banks. Demand deposits adjusted increased $1l36 million in New York City and $137 million in the Kansas City District, but they decreased $117 million in the Chicago District. Demand deposits credited to domestic banks increased $258 million. Borrowings from Federal Reserve Banks increased $3li7 million and borrowings from others decreased $13 U million. Loans to banks decreased $182 million, A summary of assets and liabilities of reporting member banks follows: Dec. 7, 1955 ASSETS Loans and investments adjusted 1/ Loans adjusted 1/ 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 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities Increase or decrease since Dec. 8, Nov. 30,* 1951i 1955 (In millions of dollars) - 132 +llh 85A51 +7,371 +221 17,552 2/ +3,862 +103 26,117 2,71U 1,252 8,156 10,053 29,559 690 939 7,17k 20,756 8,310 +109 + h - 32 + 38 - 8U + 5U +115 -232 - 21 - 23 + 32U + 218 2/ +1,068 y +1,975 -7,193 -1,535 -1,211 -1,31k -3,133 - 310 + 175 -182 968 Loans to banks + h - 51t5 13,135 Reserves with Federal Reserve Banks + l + 37 1,060 Cash in vault - 213 -131 2,356 Balances with domestic banks LIABILITIES + 673 +356 57,256 Demand deposits adjusted + 320 27 21,582 Time deposits except U. S. Government —1,816 -981 2,090 U. S. Government deposits - 880 +258 10,516 Interbank demand deposits: Domestic banks + lil + hi 1,121 Foreign banks + 733 +3b7 8U2 Borrowings: From Federal Reserve Banks 63 -13U 589 From others individual 1/ Exclusive of loans to banks and after deduction of valuation reserves; loan items are shown gross. 2/ October 5, 1955 reclassification increased commercial, industrial, and agricultural loans $318 million and decreased real estate loans and "other" loans by $29U and $25 millions, respectively. * November 30 figures revised (San Francisco District), ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, DECEMBER 7, 1955 Federal Re s e r v e District Total San New Phila- Cleve- Rich- Atlanta Chicago St. Minne- Kansas Dallas All Boston York delphia land mond Francisco City apolis Louis Districts (In millions of dollars r ~ ASSETS 85,451 3,795 25,818 3,262 5,968 3,411 3,327 11,685 2,788 1,485 3,355 3,831 16,726 Loans and investments adjusted l/ 811 1,722 2,439 9,124 2,945 1,753 1,701 5,398 1,585 47,552 Loans adjusted l/ 4l8 817 997 1,582 3,807 802 3,225 1,401 957 9,672 1,101 Commercial, industrial, and agr'l loans 26,117 1 , 3 3 8 Loans to "brokers and dealers for 100 17 26 25 260 27 l4l 33 67 1,978 34 2,714 purchasing or carrying securities Other loans for purchasing or carrying 48 117 13 24 42 27 120 175 79 513 59 1,252 35 securities 212 3,520 171 280 761 279 158 704 332 213 345 1,181 8,156 Real estate loans 213 411 536 1,771 1,078 457 541 529 633 734 2,595 10,053 555 Other loans 518 1,285 1,148 5,837 961 825 2,420 1,380 1,304 5,078 29,559 1,200 7,603 U. S. Government securities - total 62 87 20 35 7 83 28 58 11 212 23 64 690 Treasury bills 251 29 24 32 37 117 43 23 18 103 211 51 939 Treasury certificates of indebtedness 257 1,475 304 155 379 445 1,353 324 631 185 210 1,456 7,174 Treasury notes 827 4,049 782 324 613 1,005 3,525 758 599 1,675 875 5,724 20,756 U. S. bonds 244 1,765 348 156 242 1,209 322 278 603 304 8,340 331 2,538 Other securities 182 11 15 15 28 31 5 21 41 6 598 15 968 Loans to banks 608 2 , 1 69 205 495 434 498 1,955 544 486 899 547 4,595 13,435 Reserves with Federal Reserve Banks 150 16 42 50 124 37 51 102 85 58 269 1,060 76 Cash in vault 406 269 296 141 288 73 241 126 171 164 90 2,356 91 Balances with domestic banks 48 148 335 24 46 152 69 86 92 73 811 93 1,977 Other assets - net H.4.2(a) LIABILITIES 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 57,256 21,582 2,090 2,953 18,364 2,465 483 620 4,407 85 719 96 4,036 1,718 148 2,540 2,350 625 710 61 99 7,521 1,767 3,203 553 67 342 949 2,306 2,666 843 288 550 74 78 37 9,339 7,582 284 924 19 569 34 15 70 34 740 9 1,628 44 731 4 329 4 890 9 509 12 53 32 97 634 44 12 55 324 51 23 54 301 298 10 18 44 24 8 30 139 55 6 39 325 10,546 1,421 317 31 3,005 1,104 403 20 501 842 589 2,450 8,471 16 59 93 432 174 309 1,190 2,983 49 26 68 389 15 157 1,027 267 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. t f • 2 409 163 66 553 1,241
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