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BOARD OF GO VERM) i<S OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) February 8, 195& CONDITION OF TfEEKLY RE PORT TIG MEMBER BANKS IN LEADI1G CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended February 1: Decreases of $307 million in holdings of Treasury bills and $1,128 million in demand deposits adjusted, and an increase of $601*. million in United States Government deposits • Commercial and industrial loans increased in five districts and decreased in the others, resulting in a net increase of million at all reporting member bankq; the principal changes were increases of $1+0 million in New York City and $25 million in the San Francisco District, and a decrease of $11+ million in the Philadelphia District. Changes according to industry appear in another press release* Loans for purchasing or carrying United States Government and other securities increased $96 million. Holdings of Treasury bills decreased $26$ million in New York City ardby smaller amounts in seven other districts• Holdings of Treasury certificates of indebtedness decreased $122 million at all reporting member banks. Holdings of Treasury Y o r k Cit ^- H o l d i ^ = =f 01 _. Demand deposits adjusted decreased # 9 1 million in the Chicago District, *130 million m the San Francisco District, £111 million in New York City, $6$ million in the St. Louis District, and by smaller amounts in all of the other districts. Time deposits decreased $47 million. Borrowings from Federal Reserve Banks increased $10$ million and borrowings from others decreased $111 million. Loans to banks decreased $12$ million. A summary of assets and liabilities of reporting member banks follows: A £ S_ E _T £ Loans and investments adjusted l/ Loans adjusted l/ — Commercial and industrial loans 2./ Agricultural loans 2/ ~~ 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 Jan. 25* Feb. 2, 1956 1955 (In millions of dollars) 84,694 47,711 25,690 570 2,625 1,302 8,154 10,197 28,822 1,01+4 698 6,850 20,230 8,161 948 13,609 919 2,390 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks t l H I t l i l E s Demand deposits adjusted Time deposits except U . S . Government U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks D Borrowings: From Federal Reserve Banks From others 515 182 44) 5) - + + + 11 6 34 - + - - + - y 96 + — - 572 +7,228 +4,334 + + 43 2I4.6 3/ + 875 ;3/ +1,851 653 307 122 78 146 44 125 135 76 32 -6,977 -1,021 -1,853 -1,231 -2,872 - 823 + 85 - 338 57,607 -1 ,128 21,1:1:6 47 1,676 604 10,165 48 + 1,523 55 + 836 103 — 504 ill valuation reserves; + 21 - 103 - 32 25 + + 656 171 330 - 112 - 849 loan items are shown gross. 2/ Prior to the week ended January 4, 1956, agricultural loans were not reported separately• 3/ October 5 1955 reclassification increased commercial and industrial loans lions'^resp©ctively°r8aS9<* ^ "° ther " loans and $25 mil- H.4.2(a) ASSETS AMP LIABILITIES OF W^TT-V REPORTING MEMBER B A M S IN LEADING CITIES-, F m R W R Y 1, 1956 D i s t r i c t R e s e r v e F e d e r a 1 Total St. Minne- Kansas San Cleve- RichNew PhilaAll Atlanta Chicago Dallas Boston Louis apolis City Francisco mond Districts land York delphia (In millions of dollars) A S S E T S Loans and investments adjusted 1/ Loans adjusted \f Commercial and 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 84,694 47,711 25,690 570 3,783 2,296 1,354 8 25,297 15,547 9,609 24 3,200 2,147 1,097 1 5,946 3,026 1,471 2 3,378 1,735 780 7 3,257 1,672 912 16 11,747 5,473 3,277 19 2,750 1,578 779 34 1,450 8l6 401 19 3,353 1,727 881 124 3,816 2,431 1,500 53 16,717 9,263 3,629 263 2,625 54 1,906 62 142 21 28 254 29 5 22 22 80 1,302 8,154 10,197 31 339 557 523 1,134 2,650 58 212 763 127 708 634 76 330 546 42 154 546 195 765 1,074 28 274 457 12 168 222 24 279 416 128 205 554 58 3,586 1,778 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 28,822 1,044 698 6,850 20,230 8,l6l 1,152 65 44 194 849 335 7,217 290 73 1,303 5,551 2,533 754 15 32 141 566 299 2,325 25 79 635 1,586 595 1,367 1,276 42 70 25 55 306 431 720 994 276 309 5,U5 226 94 1,346 3,449 1,159 937 32 25 282 598 235 480 8 25 136 311 154 1,280 108 31 362 779 346 1,147 51 39 237 820 238 5,772 112 176 1,477 4,007 1,682 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 948 13,609 919 2,390 2,050 22 562 65 99 89 618 4,679 204 171 861 9 516 50 93 92 37 927 94 147 94 8 481 47 248 72 14 2,010 113 280 139 7 449 34 139 46 5 204 13 68 25 18 537 37 296 50 5 557 43 407 141 186 2,150 145 271 371 4,100 2,561 2,356 7,705 1 , 7 6 0 Demand deposits adjusted 2,970 18,247 2,480 57,607 620 481 558 3,195 4,222 717 21,446 1,735 623 Time deposits except U. S« Government 88 58 109 315 74 542 55 1,676 U. S. Government deposits 77 Interbank demand deposits: 1,601 685 408 434 510 675 320 10,165 3,031 Domestic banks 46 11 1,188 22 5 Foreign banks 9 9 32 1,523 Borrowings: 26 41 42 45 68 257 30 836 From Federal Reserve Banks 133 26 6 26 16 13 281 27 From others 504 7 40 140 46 60 51 88 78 Other liabilities 1,172 2,341 267 1,031 298 635 323 3,014 389 8,512 C A P I T A L A C C O U N T S 435 l/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross 904 291 30 2,432 551 67 2,701 846 54 9,391 7,607 207 317 4 836 3 836 16 512 178 24 26 29 140 35 5 37 325 38 10 60 408 97 61 540 1,247 19 537 74 171 70 L I A B I L I T I E S
@FedFRASER