The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
H,l*.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) June 29, 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 June 221 Decreases of $539 million in holdings of United States Government securities, $599 million in demand deposits adjusted, and #1*96 million in demand deposits credited to domestic banks, and an increase of $1*71 million in United States Government deposits. Commercial, industrial, and agricultural loans increased $78 million at all reporting member banks; the principal changes were increases of $26 million in New York City, $20 million in the San Francisco District, and $ll* million in Chicago. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying securities decreased $178 million. Real estate loans increased $31 million. "Other" loans increased $1*1 million. Holdings of Treasury bills decreased $171 million; the principal decreases were $115 million in New York City and $1*2 million in the Richmond District. Holdings of Treasury certificates of indebtedness decreased in nearly all districts and a total of $257 million. Holdings of Treasury notes decreased $69 million, of which $5U million was in New York City. Demand deposits adjusted decreased $226 million in million in Chicago, $91 million in the Chicago District Chicago, $58 million in the San Francisco District, and District, and increased $51 million in the Philadelphia the New York District, $112 outside of the city of $52 million in the Cleveland District. Borrowings from Federal Reserve Banks decreased $106 million in Chicago, $91* million in New York City, $63 million in the Philadelphia District, $6l million in the Cleveland District, and $379 million at all reporting member banks. Borrowings from others increased $192 million in New York City and $386 million at all reporting member banks. Loans to banks increased $1+01 million in New York City and by a net total of $256 million. A summary of assets and liabilities of reporting member banks follows: Increase or decrease since June 15, June 23,: 1955 1951 (In millions of dollars) June 22, 1955 — 5 — E 2 — Loans and investments adjusted!/ Loans adjusted!/ 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 81*,1*1*9 13,109 23,1*33 -560 - 16 + 78 +1,239 +1,825 +1,537 2,61*8 1,192 7,828 9,029 -178 + 10 + 31 + hi + 589 + 299 +1,187 +1,288 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 32,303 1,081* 760 9,070 21,389 8,737 -539 -171 -257 - 69 - 1*2 - 5 -1,076 -1,238 -2,000 +2,391 - 229 + 1*90 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,106 13,896 91*9 2,521 +256 -102 + 21* -110 + - 6ll* 708 + 1*5 57,127 21,629 2,891* 10,11*1 1,1*85 253 909 -599 + 29 +1*71 -1*96 + 37 -379) +386) 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 +3,011 + 81*6 - 1*82 73 + 200 + 286 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual shown gross. loan items are H.4.2(a) A S S E T S ASSETS AM) LIABILITIES OF WEEKLY REPORTING MEMBER B A M S IN LEADING CITIES, JUKE 22, 1955 Total F e d e r a 1 Reserve D :s t r i c t New All Cleve- RichPhilaSt. Minne- Kansas San Boston Atlanta Chicago Districts York delphia land mond Louis apolis City Dallas Francisco (In millions of dol]Lars) Loans and investments adjusted 1/ Loans adjusted if 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 84,449 43,409 23,433 3,721 25,985 3,242 2,088 14,404 1,955 1,158 8,641 1,003 5,973 2,730 1,316 3,316 3,203 11,546 2,695 1,612 1,487 4,832 1,432 848 2,858 696 734 1,479 3,375 3,730 758 1,593 2,251 376 945 1,447 16,184 8,267 3,411 2,648 32 2,046 49 129 21 21 238 19 5 13 20 55 1,192 7,828 9,029 29 381 530 489 1,180 2,307 58 228 657 99 643 594 75 324 480 40 137 465 166 751 917 26 293 419 18 153 216 24 262 363 121 192 494 47 3,284 1,587 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 32,303 1,084 760 9,070 21,389 8,737 1,237 27 31 269 910 396 8,889 503 176 2,074 6,136 2,692 924 23 18 225 658 363 2,603 29 30 847 1,697 640 550 1,415 12 112 32 9 467 199 804 330 171 367 1,232 76 30 282 844 247 6,134 55 215 1,846 4,018 1,783 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 1,106 13,896 949 2,521 1,883 11 563 67 104 104 754 4,848 208 162 787 36 516 51 123 81 21 925 95 147 86 13 585 42 335 44 14 568 46 448 121 179 2,221 150 281 347 2,923 18,620 2,523 4,451 524 598 116 904 127 4,058 1,741 185 7,394 1,739 3,204 559 126 552 917 2,418 285 556 124 70 2,721 783 97 8,946 7,557 373 3,029 1,152 4o6 19 516 8 409 11 619 11 1,612 52 612 4 298 4 876 2 854 19 571 168 542 1,098 2,948 6 23 52 380 5 4l 73 620 14 24 43 308 26 11 42 287 82 83 119 992 5 14 33 259 34 38 25 135 49 32 30 307 8 22 44 379 23 43 471 1,210 1,437 1,384 32 55 60 12 365 475 1,028 794 267 332 23 536 78 173 65 17 499 47 242 65 5,485 1,013 142 18 125 22 382 1,639 591 3,579 1,229 250 19 2,010 114 284 117 18 419 36 140 43 1 206 15 82 23 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 57,127 21,629 2,894 10,l4l 1,485 339 35 253 909 2,117 8,249 1 36 87 424 2,523 2,345 639 732 127 93 l/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross.
@FedFRASER