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BOARD OF GOVriRNO tS OF THE FEDERAL RESERVE SYSTEM ( F o r Immediate R e l e a s e ) F e b r u a r y 29# 195o H.4.2 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The c o n d i t i o n s t a t e m e n t o f w e e k l y r e p o r t i n g member b a n k s i n l e a d i n g c i t i e s shows t h e f o l l o w i n g p r i n c i p a l c h a n g e s f o r t h e week e n d e d F e b r u a r y 2 2 : D e c r e a s e s of $576 m i l l i o n i n r e s e r v e b a l a n c e s w i t h F e d e r a l R e s e r v e B a n k s , $285 m i l l i o n i n demand d e p o s i t s a d j u s t e d , a n d $659 m i l l i o n i n demand d e p o s i t s c r e d i t e d t o d o m e s t i c b a n k s , and an i n c r e a s e o f $291 m i l l i o n i n U n i t e d S t a t e s Government d e p o s i t s . Commercial and i n d u s t r i a l l o a n s d e c r e a s e d $30 m i l l i o n a t a l l r e p o r t i n g member b a n k s ; t h e p r i n c i p a l c h a n g e s w e r e d e c r e a s e s of $14 m i l l i o n i n t h e C l e v e l a n d D i s t r i c t , $13 m i l l i o n i n New York C i t y , and s>12 m i l l i o n i n t h e D a l l a s D i s t r i c t , a n d a n i n c r e a s e of $10 m i l l i o n i n t h e San F r a n c i s c o D i s t r i c t . Changes a c c o r d i n g t o i n d u s t r y a p p e a r i n a n o t h e r p r e s s r e l e a s e . Loans t o b r o k e r s and d e a l e r s f o r p u r c h a s i n g o r c a r r y i n g U n i t e d S t a t e s Government and o t h e r s e c u r i t i e s d e c r e a s e d §75 m i l l i o n . H o l d i n g s o f T r e a s u r y b i l l s d e c r e a s e d $33 m i l l i o n i n New York ^ i t y , $30 m i l l i o n i n t h e S t . L o u i s D i s t r i c t , $22 m i l l i o n i n t h e Richmond D i s t r i c t , a n d a t o t a l o f $126 m i l l i o n a t a l l r e p o r t i n g member b a n k s • H o l d i n g s of U n i t e d S t a t e s Government bonds d e c r e a s e d $26 m i l l i o n , a n d h o l d i n g s o f " o t h e r " s e c u r i t i e s i n c r e a s e d $26 m i l l i o n . Demand d e p o s i t s a d j u s t e d d e c r e a s e d $219 m i l l i o n i n t h e San F r a n c i s c o D i s t r i c t , $195 m i l l i o n i n t h e C l e v e l a n d D i s t r i c t , a n d $57 m i l l i o n i n t h e itichmond D i s t r i c t , b u t t h e y i n c r e a s e d $256 m i l l i o n i n New York C i t y a n d $74 m i l l i o n i n C h i c a g o . B o r r o w i n g s f r o m F e d e r a l R e s e r v e Banks d e c r e a s e d $306 m i l l i o n and b o r r o w i n g s f r o m o t h e r s d e c r e a s e d $156 m i l l i o n . Loans t o b a n k s d e c r e a s e d $95 m i l l i o n . A summary o f a s s e t s and l i a b i l i t i e s o f r e p o r t i n g member b a n k s f o l l o w s : A S S E T S Increase or decrease since Feb. Feb. 2 3 , Feb. 1 5 , 22,* 1956 1955 1956 ( I n m i l l i o n s of d o l l a r s ) - 168 Loans and i n v e s t m e n t s a d j u s t e d \J Loans a d j u s t e d l / Commercial and i n d u s t r i a l l o a n s 2 j Agricultural loans 2 / Loans t o b r o k e r s a n d d e a l e r s f o r purchasing or carrying s e c u r i t i e s Other loans f o r purchasing or carrying s e c u r i t i e s Real e s t a t e l o a n s Other loans 84,073 47 , 4 6 5 25,677 564 -237 -116 - 30) 2,407 1,285 8,194 10,175 - 75 - 3 - 3 + 3 + 81 + 193 3/+ 852 3 / +1,815 U . S . Government s e c u r i t i e s - t o t a l Treasury b i l l s Treasury c e r t i f i c a t e s of i n d e b t e d n e s s Treasury notes U. S . bonds Other s e c u r i t i e s 28,395 948 -147 20,144 8,213 - 26** + 26 -6,355 - 873 -1,063 -2,456 -1,963 - 758 Loans t o b a n k s R e s e r v e s w i t h F e d e r a l R e s e r v e Banks Cash i n v a u l t Balances w i t h domestic banks L I A B I L I T I E S Demand d e p o s i t s a d j u s t e d Time d e p o s i t s e x c e p t U . S . Government U . S . Government d e p o s i t s I n t e r b a n k demand d e p o s i t s : Domestic b a n k s F o r e i g n banks B o r r o w i n g s : From F e d e r a l R e s e r v e Banks From o t h e r s : 1,097 - 95 -576 + 11 -133 613 6,690 13,015 971 2,457 56,106 21,452 2,358 9,968 1,486 545 687 -126 ~ h -285 + 24 +291 -659 - 4 -306 -156 +6,945 2 / +4,133 + - 64 468 - 91 22 - 638 - 18 608 142 * - 352 40 + 90 of v a l u a t i o n r e s e r v e s ; i n d i v i d u a l l o a n i t e m s a r e shown g r o s s . 2 / P r i o r t o t h e week e n d e d J a n u a r y 4 , 1 9 5 6 , a g r i c u l t u r a l l o a n s w e r e n o t r e p o r t e d separately. 3 / O c t o b e r 5 , 1955 r e c l a s s i f i c a t i o n i n c r e a s e d c o m m e r c i a l and i n d u s t r i a l l o a n s $318 m i l l i o n and d e c r e a s e d r e a l e s t a t e l o a n s and " o t h e r " l o a n s $294 and $25 m i l lions , respectively. * Preliminary ( S t . Louis D i s t r i c t ) . F e b r u a r y 15 f i g u r e s r e v i s e d ( B o s t o n D i s t r i c t ) . Digitized for** FRASER Loans and i n v e s t m e n t s a d j u s t e d 1 / Loans a d j u s t e d l / Commercial and i n d u s t r i a l l o a n s Agricultural loans Loans t o b r o k e r s and d e a l e r s f o r purchasing or carrying s e c u r i t i e s Other loans f o r purchasing or c a r r y i n g securities Real e s t a t e loans Other loans 81+, C? 3 47,465 25,677 564 3,754 2,407 1,285 8,194 10,175 U. S . Government s e c u r i t i e s - t o t a l Treasury b i l l s T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s Treasury notes U. S . bonds Other s e c u r i t i e s 28,395 948 613 6,690 20,144 8,213 Loans t o b a n k s R e s e r v e s w i t h F e d e r a l R e s e r v e Banks Cash i n v a u l t Balances with domestic banks Other a s s e t s - net 1,097 13,015 971 2,457 1,981 L I A B I L I T I E S 3,216 817 403 21 1,711 875 124 2,403 1,474 45 16,509 9,297 3,618 262 24 2,145 1,094 1 2 7 46 1,718 65 136 23 33 234 27 5 20 21 79 31 336 559 522 1,129 2,644 56 213 763 128 714 631 72 330 543 43 158 533 188 763 1,072 28 11 170 219 23 278 4io 129 207 558 54 3,622 1,793 2,297 15 79 617 1,586 604 1,384 56 23 310 995 278 5,026 204 81 1,329 3,412 1,174 919 21 20 276 326 771 21 39 145 566 300 1,264 51 43 191 837 7,183 295 59 1,300 5,529 2,567 235 468 7 15 135 311 157 1,278 104 27 361 786 346 1,136 39 40 241 8l6 245 5,547 69 138 1,350 3,990 1,665 36 534 67 85 89 622 4,423 215 170 84l 11 493 52 105 88 69 781 100 156 92 12 524 78 170 70 20 1,952 122 7 425 35 128 45 3 191 14 70 24 16 522 40 320 50 10 535 46 470 143 282 2,135 151 258 339 1,122 66 49 435 714 316 9 500 51 257 71 268 129 274 450 602 9,069 865 2 , 3 9 6 2 , 6 7 8 7,485 1,739 2,491 2,379 3,865 2,917 17,788 2,434 56,106 7,610 852 Demand d e p o s i t s a d j u s t e d 552 292 559 3,197 623 718 1,746 481 623 4,199 21,452 331 Time d e p o s i t s e x c e p t U» S . Government 75 87 43 452 77 74 114 181 114 118 692 2 , 3 5 8 U» S . Government d e p o s i t s 495 823 I n t e r b a n k demand d e p o s i t s : 825 308 633 1,559 468 673 540 4o6 2 , 9 2 1 317 9 , 9 6 8 16 179 Domestic b a n k s 3 5 46 5 10 10 20 9 1 , 1 5 0 1 , 4 8 6 33 Foreign banks 27 4l Borrowings: 43 33 9 21 175 36 33 19 16 92 144 545 28 8 From F e d e r a l R e s e r v e Banks 28 26 8 77 36 7 39 279 687 7 56b 63 40 From o t h e r s 30 40 142 49 53 91 63 1 , 1 8 7 2 , 4 2 1 97 1,253 412 140 Other l i a b i l i t i e s 329 271 1,029 302 638 325 389 3,046 437 8,571 C A P I T A L ACCO U N T S i n d i v i d u a l l o a n i t e m s a r e shown g r o s s . ^ P r e l i m i n a r y ( S t . L o u i s D i s . ) 1 / E x c l u s i v e of l o a n s t o b a n k s and a f t e r d e d u c t i o n of v a l u a t i o n r e s e r v e s ;
@FedFRASER