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H.4,2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) February 23, 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 February 16: An increase of $961 million in holdings of Treasury notes, decreases of $613 million in holdings of Treasury certificates of Indebtedness, $812 million in holdings of United States Government bonds, and $729 million in demand deposits adjusted, and an increase of $435 million in United States Government deposits. Commercial, industrial, and agricultural loans increased in all but one district, and by a total of $127 million at all reporting member banksj the principal increases were $73 million in New York City and $19 million in the Dallas District. Changes according to industry appear in another press release. Loans for purchasing or carrying United States Government and other securities decreased $132 million. Real estate loans increased $31 million. "Other" loans increased $29 million. Holdings of United States Government bonds and of Treasury certificates of indebtedness decreased in all districts and holdings of Treasury notes increased in all districts, as a result of new issues of bonds and notes and the exchange and redemption of maturing certificates of indebtedness, notes, and bonds. Holdings of Treasury bills increased $211 million in New York City and a total of $260 million at all reporting member banks. Demand deposits adjusted decreased $228 million in New York City, $208 million in Chicago, $8l million in the Philadelphia District, $62 million in the Cleveland District, $6l million in the Boston District, and $60 million in the Richmond District. Borrowings increased $187 million. Loans to banks increased $29 million. A summary of assets and liabilities of reporting member banks follows: A S S E T S Increase or Feb. decrease since 16, Feb. 9, Feb. 17, 1955* 1954 1955 (In moLlllons of dollars) Loans and investments adjusted 1/ Loans adjusted l/ ~~ Commercial, industrial, and agricultural loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securities Real estate loans Other loans 84,703 40,725 22,223 -156 + 72 +127 +5,620 +1,718 - 332 2,458 1,083 7,325 8,343 -132 + 21 + 31 + 29 + + + + U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 35,076 2,007 1,799 9,082 22,188 8,902 -204 +260 -613 +961 -812 - 24 +2,730 67 -2,311 +4,108 +1,000 +1,172 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 804 13,766 924 2,572 + 2$ +115 - 14 + 89 + + + 56,665 21,464 2,972 10,710 " 1,363 338 626 -729 +2,522 +1,747 78 + 110 + 64 £c T. vy 481 253 825 566 IS 721 1 13 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 +435 + 77 + 37 +183) + 4) * Preliminary (San Francisco District). 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. H.4.2(a) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER B A M S IN LEADING CITIES, FEBRUARY 2.6, 1955 Total* F e d e r a l R e s e r v e D i s t r i c t All New ™ I St. Minne- Kansas Phila- | Cleve- Rich-. San Districts Boston York mond Atlanta Chlcago|Louis apolis City Dallas delphiai land Francisco* A S S E T S (In millions of dollars) Loans and investments adjusted 1/ 84,703 3,703 26,043 3,296 5,897 3,382 3,236 11,664 2,778 1,458 3,449 3,694 16,103 Loans adjusted l/ "~ 40,725 1,943 13,226 1,767 2,463 1,535 1,445 4,544 1,422 694 1,526 2,157 8,003 Commercial, industrial, and agr'l loans 22,223 1,108 7,938 887 1,179 704 852 2,739 731 342 931 1,443 3,369 Loans to brokers and dealers for purchasing or carrying securities 2,458 32 1,909 116 54 18 31 21 192 10 16 55 Other loans for purchasing or carrying securities 1,083 434 2< 81 57 l6l 77 16 35 23 21 105 48 Real estate loans 7,325 1,043 209 357 118 596 305 280 690 146 248 3,160 173 Other loans 8,343 463 2,157 440 540 446 599 858 387 196 442 330 1,485 U. S. Government securities - total 35,076 1,403 9,926 1,070 1,568 1,471 2,779 5,914 1,116 603 l,54l 1,289 6,396 Treasury bills 2,007 764 76 88 67 55 90 318 64 60 18 171 236 Treasury certificates of indebtedness 1,799 71 358 128 78 118 63 290 47 47 76 72 451 Treasury notes 9,082 2,344 228 297 845 448 381 1,586 384 467 195 283 1,624 U. S. bonds 22,188 6,46o 959 709 1,036 1,739 815 621 3,720 827 343 874 4,085 Other securities 8,902 2,891 357 459 655 320 1,206 279 240 161 382 248 1,704 Loans to banks 804 412 38 17 16 18 55 38 4 6 23 177 Reserves with Federal Reserve Banks 13,766 542 4,782 504 884 519 2,090 499 432 243 574 2,122 575 Cash in vault 924 72 205 88 50 76 112 45 13 33 148 43 39 Balances with domestic banks 102 2,572 185 105 146 170 269 292 81 446 137 332 307 Other assets - net 2,025 880 109 68 74 64 91 124 41 20 47 138 369 L I A B I L I T I E S nrVs4.~-l.lt. ' n . 1 • " ' - ~ r - . Ir 7 . ro EH H f 03 CVJ 937 281 63 ssa CM ON-3- t- Demand deposits adjusted 56,665 2,905 3,942 2,332 7,488 1,724 Time deposits except U. S. Government 21,464 610 1,734 612 3,198 537 U. S. Government deposits 2,972 151 205 587 97 99 Interbank demand deposits: Domestic banks 10,710 330 3,121 443 462 540 713 1,707 717 Foreign banks 1,363 1,066 8 18 29 6 11 39 5 Borrowings: From Federal Reserve Banks 10 338 6 39 7 33 27 21 97 From others 626 28 13 356 23 11 29 20 77 Other liabilities 2,451 102 1,212 52 99 47 52 46 158 CAPITAL ACCOUNTS 8,205 4l6 3,061 603 378 304 276 256 969 * Preliminary (San Francisco District). 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. , • 2,708 732 107 8,970 7,413 393 340 3 877 3 903 16 557 159 19 13 30 129 51 26 36 301 8 5 77 363 20 25 540 1,149
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