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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM , (For Immediate Release) November lo, 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 change# for the week ended November 9: Decreases of $259 million in holdings of United States Government securities, $517 million in reserve balances with Federal Reserve Banks, $1*39 million in demand deposits adjusted, and $379 million in United States Government deposits. Commercial, industrial, and agricultural loans increased in all districts and a total of $182 million at all reporting member banks; the principal increases were $ltlt million in New York City and $25 million in the San Francisco 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 $96 million. Holdings of Treasury bills, of Treasury certificates of indebtedness, and of Treasury notes decreased $67 million, $108 million, and $136 million, respectively. Holdings of United States Government bonds increased $52 million. Holdings of "other" securities decreased $210 million, of which $11*0 million was in New York City. Demand deposits adjusted decreased $5U0 million in New York City and $61* million in the Boston District, but they increased $91* million in Chicago and $80 million in the San Francisco District. Demand deposits credited to domestic banks increased $91* million. Borrowings from Federal Reserve Banks decreased $3 million and-borrowings from others decreased $25 million. Loans to banks increased $21 million. A summary of assets and liabilities of reporting member banks follows r Nov, 9, 1955 Loans and investments adjusted 1/ Loans adjusted 1/ Commercial, industrial and agricultural loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securities Real estate loans Other loans 85,259 1*6,601* -361* +105 25,185 +182 2,593 - 96 + 3 + 33 - 16 1,21*8 8,106 9,910 U, S.Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 30,300 775 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 75U 13,382 L I A B I L I T I E S Increase or decrease since Nov. 10, Nov. 2, 1955 i?54 , 1,088 7,7lil 20,696 8,355 1,01a 2,386 835 +8,016 2/ +1,352 + 1*28 + 2U7 2/ +1,080 y +1,985 -259 - 67 -108 -136 + 52 -210 -7,077 -1,76b -1,271 - iol* + 21 -517 + 93 + 5 + 21*8 + - 80b 57 352 - 885 -3,151; + 382 -139 55,955 Demand deposits adjusted + 370 - 32 21,731 Time deposits except U. S. Government -1,333 2,699 -379 U. S. Government deposits - 970 + 9U 10,687 Domestic banks Interbank demand deposits + 155 - 22 1,1*1*8 Foreign banks - 3) 1,106 Borrowings$ From Federal Reserve Banks +i,ob5 - 25) 326 From others ' . „ . . . \j Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. , 2/ October 5, 1955 reclassification increased commercial, industrial, and agricultural loans $318 million and decreased real estate loans and "other" loans by $29U and $25 millions, respectively. Loans and investments adjusted 1/ 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 85,259 46,604 25,485 U» S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U» S. bonds Other securities 30,300 775 JX&ans to banks Be serves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 3,789 25,568 3,262 1,306 2,088 6,009 2,903 1,349 9,420 1,081 16,781 8,935 3,688 35 1,884 56 165 34 27 227 25 5 23 17 95 1,248 34 338 546 516 1,188 2,565 55 213 725 121 694 627 76 336 524 42 157 533 178 757 1,062 27 281 446 14 170 207 23 281 404 115 209 526 47 3,482 1,745 7,769 281 211 1,614 5,663 2,487 859 21 43 189 606 315 2,489 27 7,741 20,696 8,355 1,215 50 48 240 877 358 5,136 85 145 1,368 3,538 1,206 980 21 25 344 590 239 525 1,287 1,185 42 8 79 58 30 19 252 382 162 833 796 336 244 347 157 6,062 47 326 1,642 4,047 1,784 754 13,382 1,041 2,386 1,985 45 542 67 83 92 455 4,455 269 181 826 13 484 58 119 83 2 907 96 129 94 1,445 1,348 65 49 46 71 460 344 1,006 752 324 277 10 12 494 519 81 51 244 168 69 70 23 1,949 122 301 144 16 434 37 137 46 1 205 15 71 22 3 593 47 383 145 161 2,278 156 283 343 2,918 17,336 2,452 498 4,480 631 108 1,013 117 4,004 1,732 189 2,520 2,360 634 722 109 77 7,431 1,743 562 3,205 78 449 916 2,315 2,662 820 560 287 100 86 44 9,298 7,600 329 915 17 574 172 12 214 27 552 1,236 8,106 9,910 1,088 55,955 21,731 2,699 66 744 1,652 617 13 522 42 287 51 10,687 1,448 352 32 3,038 1,122 436 21 499 9 531 11 706 11 1,690 42 708 5 352 4 886 2 1,106 41 13 81 332 243 1,191 51 6 57 86 31 3 48 323 61 8 52 299 157 15 148 1,019 33 10 42 267 45 43 1 37 323 326 2,387 8,468 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. 501 3,338 3,828 819 1,704 2,399 988 1,557 433 2,593 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 11,617 2,778 5,275 1,559 3,152 800 J 28 139 — - 66 407
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