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• ' H.l*.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) June 8, 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 It Decreases of $270 million in holdings of United States Government securities, # 2 6 million in demand deposits adjusted, and $>21$ million in United States Government deposits, and an increase of $1+69 million in demand deposits credited to domestic banks. Commercial, industrial, and agricultural loans decreased $5 million at all reporting member banksj the principal changes were decreases of $ll* million in the St. Louis District, $10 million each in the Cleveland and Chicago Districts, and increases of $10 million in the San Francisco District and $8 million in the Philadelphia District. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying securities increased $56 million. Real estate loans increased $33 million. "Other" loans increased $70 million. Holdings of Treasury bills decreased $9$ million, of which $5l million was in New York City. Holdings of Treasury certificates of indebtedness decreased $58 million in the San Francisco District but they increased by smaller amounts in six districts, resulting in a net decrease of $1*3 million at all reporting member banks. Holdings of Treasury notes and of United States Government bonds decreased $98 million and $31* million, respectively. Demand deposits adjusted decreased $131* million in the Chicago District, $98 million in New York City, $61* million in the Philadelphia District, $57 million in the San Francisco District, and $1*3 million in the Kansas City District. Borrowings increased $70 million in the San Francisco District and by smaller amounts in four other districtsj the net increase at all reporting member banks was $78 million. Loans to banks increased $61* million. A summary of assets and liabilities of reporting member banks followsi Increase or decrease since May 25,* June 2, 1955 1951* (In millions of dollars) June 1» 1955 ASSETS 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*, 161* 1*2,1*1*0 22,636 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities -116 +177 - 5 +l*,51*o +1,116 +1,037 + + + + 56 21* 33 70 + 601 + 21*0 +1,127 +1,189 33,026 1,081 1,171 9,28k 21,190 8,698 -270 - 95 - 1*3 - 98 - 31* - 23 - 170 -1,31*7 -1,513 +2,702 12 + 591* Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,111* 13,567 916 2,168 + 61* -101* - 1*7 +101 + + - 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 56,011 21,527 3,359 10,091* 1,505 388 783 -1*26 + 15 -215 +1*69 - 7 + 78) +2,081 + 927 + 191 - 292 + 278 2,71*2 1,155 7,719 8,910 — ) + 219 671* 1 60 390 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross, * for May 25 figures revised (San Francisco District). Digitized FRASER E.4.2(a) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES, JPHE 1, 1955 Total F e d e r a l R e s e rv e D 1st r i c t All New PhilaCleveRichSt. Minne- 1Kansas Boston Atlanta Chicago Districts York delphia land mond Louis apolis]1 City A S S E T S (In millions of dol]Lars) Loans and investments adjusted l/ 84,164 3,681 25,862 3,232 5,947 3,300 3,232 11,496 2,692 1,469 3,358 Loans adjusted 1/ 42,440 2,039 13,977 1,921 2,665 1,591 1,481 4,686 1,423 733 1,563 Commercial, industrial, and agr'l loans 22,636 1,139 8,181 1,278 969 851 719 2,743 360 695 926 Loans to brokers and dealers for purchasing or carrying securities 2,146 2,742 30 22 127 21 20 236 53 14 3 Other loans for purchasing or carrying securities 481 1,155 82 29 58 163 26 16 77 39 23 Real estate loans 367 222 7,719 1,157 635 317 132 740 290 152 257 8,910 Other loans 660 516 2,271 462 478 594 412 902 212 358 U. S. Government securities - total 33,026 1,251 2,643 9,193 1,443 1,420 937 5,613 1,024 565 1,426 1,081 Treasury bills 4 26 34 511 42 62 149 16 8 103 Treasury certificates of indebtedness 1,171 60 30 320 63 84 19 198 30 40 13 Treasury notes 9,284 868 278 2,236 202 368 472 1,648 385 215 467 21,490 U. S. bonds 1,686 909 6,126 671 1,014 802 3,618 816 329 593 8,698 Other securities 2,692 266 391 374 639 331 1,197 245 171 369 Loans to banks 1,114 20 65 678 28 22 27 4 27 32 7 Reserves with Federal Reserve Banks 4,840 478 13,567 486 501 903 490 216 432 1,989 523 Cash in vault 64 206 916 88 49 42 112 14 34 73 37 2,468 Balances with domestic banks 162 146 91 166 123 244 296 133 74 307 Other assets - net 110 834 1,991 66 85 90 69 131 43 23 47 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 56,011 21,527 3,359 2,863 18,186 2,393 598 4,383 522 131 117 1,317 3,927 1,743 219 2,435 2,352 730 639 128 87 7,372 1,704 3,203 558 524 94 San Francisco 2,211 1,429 16,167 8,150 3,346 14 56 117 189 485 3,261 1,267 6,244 48 284 869 250 1,861 4,057 1,773 17 578 43 436 120 187 2,131 154 290 373 904 2,376 285 561 62 111 779 133 8,759 7,526 436 3,728 66 44 1,560 60 266 10,094 1,505 324 33 3,026 1,173 431 22 512 9 4l4 9 624 10 1,632 44 629 5 312 3 857 3 805 17 528 177 388 783 2,286 8,267 6 16 94 424 11 399 1,124 2,963 17 68 57 383 38 44 90 619 13 35 48 310 39 8 48 289 97 41 144 994 18 34 41 258 51 19 29 135 45 11 33 307 6 47 95 527 1,207 l/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. Dallas 13 51 378
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