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H.U.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) November 9, 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 November 2: Decreases of 1363 million in holdings of United States Government securities and $672^million in demand deposits adjusted and an increase of $375 million in demand deposits credited to domestic banks* Commercial, industrial, and agricultural loans increased in all but one district and a total of $179 million at all reporting member banks; the principal increases were $101 million in New York City and $21 million in Chicago* 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 $102 million. "Other" loans increased $102 million. Holdings of Treasury bills decreased $225 million, of which $156 million was in New York City. Holdings of Treasury certificates of indebtedness and of Treasury notes decreased $70 million and $71 million, respectively# Demand deposits adjusted decreased in all districts; the principal decreases were $273 million in New York City, $12U million in the Chicago District, $77 million in the St. Louis District, $61 million in the Cleveland District, and $58 million in the Kansas City District. Time deposits increased $63 million. Borrowings from Federal Reserve Banks increased $157 million in New York City and a total of $212 million. Borrowings from others increased $U3 million. Loans to banks decreased $U6 million. A summary of assets and liabilities of reporting member banks follows: Nov. 2, 1955 Increase or decrease since Nov. 3, Oct. 26, 195U 1955 A S S E T S + 691 +7,655 2/ +U,199 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 85,623 16,199 25,303 + 52 2,689 1,21*5 8,073 9,926 +102 + 21 +102 1/ +1,977 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 30,559 81*2 -363 -225 - 70 - 71 + 3 -13 -6,799 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 733 13,899 918 2,381 - 16 +127 + - 56 22 3 235 56,39b 21,763 3,078 10,593 1,170 1,109 1,^09 351 -672* + 63 - 51 +375 + 37 + + 922 378 913 923 1,196 7,877 20,6Uli 8,565 +U28 +179 + 2h - 6U — 60^ + + 223 25U 2/ +1,076 -1,658 -1,173 - 811 -3,157 - 165 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 +212) + U3) 1U6 + ^77 1/ 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. * October 26 figures revised (Richmond District). E.4.2(a) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES. NOVEMBER 2. 1955 F e d e r a 1 R e s e r v e D i s t r i c t Total San St. Minne- Kansas Cleve RichNew PhilaAll Dallas Atlanta Chicago Boston City apolis Francisco Louis land mond York delphia Districts (in millions of dollars) A S S E T S 25,816 3,260 6,042 15,326 9,371 2,087 1,079 2,886 29 1,945 60 1,245 8,073 9,926 34 337 547 515 1,183 2,572 212 691 723 633 520 157 531 U» S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 30,559 842 1,196 7,877 20,644 8,565 1,234 49 55 244 7,860 851 321 15 44 189 2,534 59 78 744 1,653 622 1,429 36 42 332 1,019 277 1,341 67 57 463 754 324 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 733 13,899 948 4 11 12 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 85,623 46>499 25,303 3,827 2,203 1,299 2,689 2,381 886 268 1,678 55 5,593 390 2,630 603 322 41 550 424 4,919 35 68 221 16,796 977 3,842 2,387 1,540 27 16 95 22 213 279 402 115 207 534 46 3,468 1,738 515 1,300 1,206 6,119 50 339 1,330 3,420 1,714 770 3,316 1,651 917 11,694 5,289 3,134 ,771 ,552 791 166 34 28 261 23 119 76 336 42 179 754 280 15 169 451 5,194 87 159 1,401 3,547 976 11 478 918 52 99 95 143 92 1,062 1,211 27 21 27 349 579 243 547 76 185 71 242 69 286 l4l 14 437 34 131 46 2,013 % 111 ,497 824 432 8 16 160 331 158 1 226 15 72 23 3,340 1,692 85 8,888 3,663 35 388 792 348 44 76 253 833 249 12 526 568 2,216 263 50 45 410 144 2,670 821 114 9,218 7,632 358 39 290 9 1,676 4,054 1,791 159 144 91 94 169 813 56,394 21,763 3,078 2,982 633 17,903 4,466 1,181 2,454 507 126 3,999 1,735 2,525 721 116 2,355 635 89 7,360 3,206 509 1,704 561 86 287 50 2,318 559 98 10,593 1,470 359 30 2,994 1,147 4l8 23 528 10 508 15 675 12 1,693 41 716 4 356 3 878 2 900 16 167 1,109 15 8 82 432 247 254 1,168 3,002 26 5 57 389 85 3 81 632 45 11 47 322 65 280 4 144 1,019 38 17 41 2 66 65 43 2 36 321 22 5 64 4o6 178 34 545 1,231 1,975 81 351 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 351 2,345 8,456 130 221 8 52 297 l/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. I * * i 906 28 139 568
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