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H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) January 26, 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 January lg: Increases of $196 million in holdings of Treasury bills and $387 million in demand deposits adjusted, and a decrease of $215 million in demand deposits credited to domestic banks. Commercial, industrial, and agricultural loans decreased in most districts and a total of $74 million at all reporting member banks; the principal changes were decreases of $4l million in New York City, $20 million in the Dallas District, and $11 million in the Boston District, and an increase of $11 million in the Chicago District. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying United States Government and other securities decreased $95 million. Holdings of Treasury bills increased $59 million in New York City, $55 million in the San Francisco District, and $35 million in Chicago. Holdings of Treasury certificates of indebtedness decreased $70 million, of which $59 million was in New York City. Holdings of Treasury notes and of United States Government bonds decreased $13 million and $24 million, respectively. Demand deposits adjusted increased $146 million in New York City, $58 million in the San Francisco District, $48 million in the Boston District, and $38 million in the Dallas District. Time deposits decreased $34 million, all of which was in time deposits of States and political subdivisions. Demand deposits credited to domestic banks decreased in all but two districts. Borrowings decreased $294 million in New York City and a total of $325 million at all reporting member banks. Loans to banks decreased $106 million. A summary of assets and liabilities of reporting member banks follows: A S S E T S Increase or decrease since Jam. 12, Jan. 20, 1954 (In millions of dollars) Loans and investments adjusted l/ 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 85,449 40,309 22,163 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 36,602 2,497 2,644 8,166 23,295 8,538 + 89 +196 - 70 - 13 - 24 + 21 +3,615 - 238 -2,432 +1,704 +4,581 +1,007 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 703 13,869 964 2,630 -106 - 77 - 67 + 3 + 343 -1,290 + 3 - 373 58,368 21,456 1,683 +387 - 34 - 25 -215 - 31 -219) -106) +2,276 +1,918 - 432 - 175 + 126 2,324 1,080 7,238 8,208 - 32 -142 - 74 +5,971 +1,349 - 523 - 95 + + + + - 2 + 21 + 8 691 221 754 272 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 \J 11,502 1,372 136 563 + Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. 457 Total All Boston Districts F e d e r a l R e s e r v e D i s t r i c t New Phila- Cleve- RichSan Atlanta Chicago St. jMinne- Kansas Dallas York 1delphia land mond Louisjapolis City Francisco Loans and Investments adjusted 1/ Loans adjusted 1/ Commercial, industrial, and agr'l loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securities Real estate loans Other loans 85,449 40,309 22,163 3,732 1,942 1,117 26,235 13,013 7,901 3,321 1,751 875 5,921 2,446 1,193 3,419 1,513 697 3,243 1,422 833 2,324 32 1,803 66 108 26 22 177 17 7,238 8,208 352 454 51 83 301 426 37 590 76 594 524 111 442 160 679 833 21 276 389 13 145 196 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 36,602 2,497 2,644 1,489 125 1,122 2,838 59 112 213 738 448 75 194 750 1,819 637 1,641 106 77 360 1,098 265 1,525 103 195 390 837 296 6,18? 1,197 638 34 63 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 1,080 8,166 23,295 8,538 28 4i6 1,008 2.140 10,375 767 101 606 178 2.141 1,085 6,861 301 2,847 208 11,796 2,827 4,498 1,405 2,746 722 1,482 691 344 3,469 1,516 931 3,734 2,141 1,427 16,270 11 11 48 21 121 53 3,146 1,460 244 324 174 430 7,971 3,377 1,363 124 107 250 225 359 153 1,590 178 115 439 858 363 16 461 36 147 41 5 240 15 83 19 4 568 41 353 49 19 607 43 464 138 132 2,077 149 307 363 7,795 1,808 3,200 534 278 56 971 281 31 2,485 560 75 2,771 731 64 9,233 7,392 240 436 413 1,396 3,942 1,111 96 77 364 660 182 882 230 6,637 394 584 1,503 4,156 1,662 12 12 870 529 52 127 75 927 95 139 89 7 527 79 178 71 5 530 47 254 64 3,048 604 90 18,727 4,548 497 2,553 551 68 4,071 1,726 111 2,573 720 108 2,333 609 65 11,502 1,372 350 29 3,316 1,070 470 17 573 8 490 14 767 11 1,772 42 799 3 385 3 991 2 989 15 600 136 563 2,406 8,138 7 24 99 413 1 29 51 376 2 4 88 600 3 24 51 298 21 15 48 274 70 117 148 968 7 26 41 254 3 12 30 128 19 21 34 297 2 3 75 355 1 3 535 1,136 703 13,869 964 2,630 431 4,779 2,009 34 597 69 125 107 58,366 21,456 1,683 218 155 26 2,027 120 298 123 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 »<— 285 1,206 3,039 deduction of valuation reserves; individual loan items are shown gross. 158
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