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• • H*l+#2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) May 25, 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 May 18: A decrease of $'463 million in holdings of Treasury certificates of indebtedness, and increases of $818 million in holdings of Treasury notes and $1+1*2 million in United States Government deposits. Commercial, industrial, and agricultural loans increased $22 million at all reporting member banks; the principal changes were increases of #12 million in the Dallas District and $10 million in the Philadelphia District and a decrease of $10 million in the Boston 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 increased §5l million. Holdings of Treasury notes increased and holdings of Treasury certificates of indebtedness decreased in all districts, reflecting the exchange of maturing certificates for a new issue of notes and additional sales of the latter. Holdings of Treasury bills and of United States Government bonds decreased $95 million and $56 million, respectively. Demand deposits adjusted increased $65 million in New York City, $57 million in the Cleveland District, and $53 million in the Boston District, but they decreased $88 million in Chicago, $81* million in the Richmond District, and $55 million in the Philadelphia District; the net increase was $28 million. Borrowings increased $123 million at all reporting member banks; the nrincipal changes were increases of $70 million in the Philadelphia District, $60 million in Chicago, and a decrease of $53 million in New York City. Loans to banks increased $161 million. A summary of assets and liabilities of reporting member banks follows: Increase or decrease since May 11, May 1$, 19ft (In millions of dollars) May 18, 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 81,523 12,193 22,71*3 +309 +115 + 22 +U,759 +3,370 + 768 2,612 1,120 7,617 8,760 + 51 + 7 + 11* + 21 + 367 + 198 +1,065 +1,051 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 33,599 1,282 1,335 9,1+25 21,557 8,731 +201+ - 95 -1*63 +818 — 56 - 10 + 61*1 -1,118 -1,325 +2,912 + 172 + 71*8 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,053 13,799 923 2,51*3 +161 +181+ - 1*1 - 9 + + 56,262 21,1*66 3,911* 10,263 1,1*1*3 158 776 + 28 + 1* +1+1*2 -121* + 23 - 27) +150) +2,51*7 + 966 + 182 - 101* + 171* + 21i* 287 631* 5 2 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 Borrowingsj From Federal Reserve Banks From others 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross* Digitized*for FRASER San Francisco District figures are as of May 11, 1955. 5.4.2(a) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES. MAY 18, 1955 Total F e d e r a 1 R e s e r 1r e D :[ . s t r i c t All * New Cleve- RichPhilaSt. Minne- Kansas San Boston Atlanta Chicago Districts York delphia land mond Louis apolis City Dallas Francisc< A S S E T S (In millions of dol]Lars) Loans and investments adjusted l/ Loans adjusted l/ 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 84,523 42,193 22,743 3,713 2,033 1,143 2,642 33 2,080 50 119 21 20 1,120 7,647 8,760 28 367 504 460 1,139 2,224 57 222 646 78 629 584 78 316 473 37 131 458 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 33,599 1,282 1,335 9,425 21,557 8,731 1,286 63 31 274 918 394 9,334 489 309 2,362 6,174 2,703 996 10 52 263 671 399 2,707 56 64 890 1,697 649 1,486 43 33 389 1,021 269 1,436 58 90 485 803 328 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 1,053 13,799 923 2,543 1,966 6l 573 64 94 107 657 4,904 204 169 813 10 532 49 113 81 35 874 89 154 85 6 524 76 164 71 5 519 45 262 65 25,882 3,299 13,845 1,904 8,200 970 6,019 2,663 1,303 3,347 3,243 11,497 2,732 1,459 4,650 1,440 1,592 1,479 722 726 857 720 2,756 355 217 3,379 3,759 1,558 2,212 929 1,440 16,194 8,095 3,344 21 3 13 14 51 26 288 405 16 149 209 22 255 354 117 186 478 45 3,235 1,536 5,652 1,048 167 21 189 34 1,668 402 3,628 591 244 1,195 572 1,450 12 113 15 50 482 217 805 328 165 371 1,297 67 41 322 867 250 6,335 183 427 1,671 4,054 1,764 81 1,948 110 318 123 1 208 15 75 32 14 582 41 326 46 14 583 47 442 119 153 2,119 149 285 382 893 285 80 2,412 560 127 2,706 787 165 8,892 7,486 407 303 4 898 2 848 18 581 178 34 28 28 135 27 21 34 307 2 12 49 377 2 17 521 1,198 156 " 730 889 16 433 34 l4l 42 L I A B I L I T I E S Demand deposits adjusted 56,262 2,932 18,181 2,437 3,980 2,421 2,370 7,326 1,712 Time deposits except U. S. Government 21,466 641 1,743 4,357 531 730 599 3,192 555 U. S. Government deposits 156 106 3,914 1,543 276 151 155 636 112 Interbank demand deposits: Domestic banks 10,263 421 446 318 3,034 643 512 l,6l4 645 Foreign banks 18 8 1,443 1,111 11 31 4 49 9 Borrowings: — — From Federal Reserve Banks 8 158 16 3 15 5 23 23 From others 81 50 61 776 324 108 31 20 23 Other liabilities 1,120 2,291 87 52 140 47 47 69 97 CAPITAL ACCOUNTS 618 424 8,234 308 381 2,956 283 258 989 * San Francisco District figures are as of May 11, 1955, Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross.
@FedFRASER