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H.lu2 BOiiBD OF GOVERNORS OF TIE FEDERAL RESERVE SYSTEM (For Immediate Release) March 2, 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 February 23: Decreases of $307 million in holdings of United States Government securities, $3ii6 million in reserve balances with Federal Reserve Banks, and $591 million in demand deposits credited to domestic banks, and an increase of $ll;6 million in demand deposits adjusted. Commercial, industrial, and agricultural loans decreased in seven districts and increased in the others, resulting in a net decrease of $15 million at all reporting member banksj the principal changes were decreases of $13 million in the Dallas District and $12 million in the Chicago District, and increases of $16 million in New York City and $11 million in the Cleveland 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 $128 million. Holdings of Treasury bills increased $112 million in the San Francisco District and decreased $91 million in New York City and $36 million in the Kansas City District; there was a net decrease of $60 million at all reporting member banks. Holdings of Treasury certificates of indebtedness and of United States Government bonds decreased $156 million and $75 million, respectively. Holdings of "other" securities increased $77 million, of which $66 million was in New York City. Demand deposits adjusted increased in eight districts; the largest increase was $66 million in the Chicago District. Borrowings decreased $58 million at all reporting member banks. increased $202 million. Loans to banks A summary of assets and liabilities of reporting member banks follows t 1 ' 1 Increase or Feb. decrease since 23, Feb. 16,* Feb. 2k, 1955 195k 1955 A S S E T S (In millions of dollars) 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 8U,33U 10,613 22,236 -339 -109 - 15 2,326 1,092 7,3U2 8,325 -128 + 9 + 16 + 10 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 31,750 1,821 1,676 9,116 22,107 8,971 -307 - 60 -156 - 16 - 75 + 77 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 910 13,183 993 2,518 +202 -3U6 + 68 - 23 56,710* 21,170 2,966 10,110 1,396 193 727 +11*6 + 5 - 16 -591 + 20 -115) + 87) +5.,U5i +2,,017 210 + + + ' + 6a 273 8Ul 5U3 +2,,271 395 -2 , *itl5 ,275 809 +1,,160 + + - + + 79 613 3 1 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 +2,,706 +1,,703 17 120 + 78 * 25 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual lean items are shown gross„ * February 16 figures revised (San Francisco District). H.4.2(a) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER B A M S IN LEADING CITIES. FEBRUARY 23, 1955 Total F e d e r a 1 R e s e r v e D i : s t r i c t All New Cleve- RichPhilaI St. Minne- Kansas San Boston Atlanta Chicago Dallas Districts York delphia mond land 1Louis apolis City Franciscc A S S E T S (In millions of dol]Lars) Loans and investments adjusted l/ 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 84,334 40,613 22,236 3,691 1,950 1,107 25,899 13,134 7,953 3,281 1,769 2,326 31 1,795 1,092 7,342 8,325 26 357 471 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 34,750 1,821 1,676 9,146 22,107 8,971 1,373 57 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 940 13,483 993 2,548 2,031 22 557 69 101 111 56,744 21,470 2,966 2,892 609 155 18,253 4,507 10,110 1,396 3,229 1,449 855 11,610 4,514 2,727 2,753 l,4l4 724 1,464 1,190 3,355 1,537 709 53 116 27 18 183 436 1,046 2,159 57 209 601 85 598 79 306 160 542 438 36 118 446 9,808 1,054 46 76 227 705 2,758 63 128 831 1,736 659 1,538 73 52 372 l,04l 280 1,460 74 116 455 7 499 55 108 76 74 875 94 134 90 6 523 858 2,469 542 139 317 31 3,023 1,088 11 11 324 1,259 3,052 60 298 958 368 667 359 2,339 6,443 2,957 546 4,658 229 159 884 889 5,899 2,482 337 3,4o6 1,528 928 3,692 2,146 1,430 16,055 8,001 3,387 19 3 13 15 53 23 16 146 197 21 249 331 105 174 444 48 3,167 1,460 612 30 46 195 341 1,508 135 72 1,293 77 69 6,356 222 375 1,704 4,055 370 253 1,698 5 47 484 135 122 2,119 154 311 369 2,740 739 106 8,866 7,424 403 689 692 280 848 388 1,098 320 5,892 324 282 1,581 3,705 1,204 174 67 21 495 48 247 63 113 1,972 123 293 127 4 444 37 140 42 13 218 14 69 21 7 563 41 328 46 3,973 1,736 208 2,465 723 145 2,351 6i4 100 7,554 3,196 575 1,738 538 99 960 281 62 2,483 403 18 478 8 436 7 669 1,581 41 683 313 3 842 2 859 18 506 163 2 26 50 377 14 44 95 610 22 55 51 303 14 15 52 277 39 121 15 42 43 11 9 31 129 31 17 37 302 13 9 75 364 10 48 554 1,156 458 82 815 53 41 392 612 241 163 476 825 276 871 560 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 193 727 2,509 8,214 17 102 417 11 160 971 6 256 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. 561 116
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