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H.U.2

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate R e l e a s e )
October 26, 1955
CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

The c o n d i t i o n s t a t e m e n t of weekly r e p o r t i n g member banks i n l e a d i n g c i t i e s
shows t h e f o l l o w i n g p r i n c i p a l changes f o r t h e week ended October 1 9 : A d e c r e a s e of
$U?8 m i l l i o n i n h o l d i n g s of U n i t e d S t a t e s Government s e c u r i t i e s ; i n c r e a s e s of $375
m i l l i o n i n r e s e r v e b a l a n c e s w i t h F e d e r a l Reserve Banks and $675 m i l l i o n i n demand
d e p o s i t s a d j u s t e d } and d e c r e a s e s of $712 m i l l i o n i n United S t a t e s Government d e p o s i t s and $269 m i l l i o n i n demand d e p o s i t s c r e d i t e d t o d o m e s t i c b a n k s .
Commercial, i n d u s t r i a l , and a g r i c u l t u r a l l o a n s d e c r e a s e d i n s i x d i s t r i c t s , i n c l u d i n g $U7 m i l l i o n i n New York C i t y , and i n c r e a s e d i n t h e o t h e r s , and t h e r e was
a n e t d e c r e a s e of $32 m i l l i o n a t a l l r e p o r t i n g member b a n k s . Changes a c c o r d i n g t o
i n d u s t r y a p p e a r i n a n o t h e r p r e s s r e l e a s e . Loans t o b r o k e r s and d e a l e r s f o r p u r c h a s i n g o r c a r r y i n g s e c u r i t i e s d e c r e a s e d $69 m i l l i o n . Real e s t a t e l o a n s i n c r e a s e d
$39 m i l l i o n .
Holdings of T r e a s u r y b i l l s d e c r e a s e d $106 m i l l i o n , of which $62 m i l l i o n was i n
New York C i t y . Holdings of T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s d e c r e a s e d i n a l l
b u t one d i s t r i c t and a t o t a l of $2ltU m i l l i o n ; t h e p r i n c i p a l d e c r e a s e was $137 m i l l i o n i n New York C i t y . Holdings of T r e a s u r y n o t e s and of " o t h e r " s e c u r i t i e s d e c r e a s e d $123 m i l l i o n and $21 m i l l i o n , r e s p e c t i v e l y .
Demand d e p o s i t s a d j u s t e d i n c r e a s e d $290 m i l l i o n i n New York C i t y , $186 m i l l i o n
i n t h e C l e v e l a n d D i s t r i c t , $76 m i l l i o n i n the San F r a n c i s c o D i s t r i c t , $U6 m i l l i o n i n
t h e Kansas C i t y D i s t r i c t , and $1*2 m i l l i o n i n t h e Boston D i s t r i c t .
Borrowings from F e d e r a l Reserve Banks d e c r e a s e d $63 m i l l i o n and borrowings from
o t h e r s i n c r e a s e d $135 m i l l i o n . Loans t o banks i n c r e a s e d $13U m i l l i o n .
A summary of a s s e t s and l i a b i l i t i e s of r e p o r t i n g member banks f o l l o w s ;
I n c r e a s e or
Oct.
decrease since
19,
Oct. 20,
Oct. 12,
1955
1955
1951
( I n m i l l i o n s of d o l l a r s )
A S S E T S

-560

+ 867
+7,265
2 / +3,956

+
+

+ 22U
+ 207
2 / +1,085

Loans and i n v e s t m e n t s a d j u s t e d ^ /
Loans a d j u s t e d ! /
Commercial, i n d u s t r i a l , and a g r i c u l t u r a l l o a n s
Loans t o b r o k e r s and d e a l e r s f o r
purchasing or carrying s e c u r i t i e s
Other l o a n s f o r p u r c h a s i n g or c a r r y i n g s e c u r i t i e s
Real e s t a t e l o a n s
Other l o a n s

85,5U2
L5,97L
25,082

U. S . Government s e c u r i t i e s - t o t a l
Treasury b i l l s
T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s
Treasury notes
U. S . bonds
Other s e c u r i t i e s

30,91a
1,035
1,300
7,959
20,647
8,627

- 21

- 690
-3,077
+
6h

Loans t o banks
Reserves w i t h F e d e r a l Reserve Banks
Cash i n v a u l t
Balances w i t h domestic banks

967
13,713
990
2,153

+13U
+375
- 32
-i5o

+
+
-

2,636

1,180

8,01+0

9,771

- 61
- 32

69
8
39
7

-U78
-106
-2ltU
-123

-

5

?/ +1,866

-6,L62

-1,593

-1,102

230
211
li3
333

L I A B I L I T I E S
+ 823
+675
56,293
Demand d e p o s i t s a d j u s t e d
+ 330
21,676
- 3h
Time d e p o s i t s e x c e p t U. S . Government
885
-712
3,U80
U. S . Government d e p o s i t s
880
2
6
9
10,6lU
I n t e r b a n k demand d e p o s i t s : Domestic banks
+ 22
117
1,U7U
F o r e i g n banks
63)
710
Borrowings: From F e d e r a l Reserve Banks
YJLU
ojj
Crir>
623
From o t h e r s
^+135)
~y E x c l u s i v e of l o a n s t o banks and a f t e r d e d u c t i o n of v a l u a t i o n r e s e r v e s ; i n d i v i d u a l
l o a n i t e m s a r e shown g r o s s .
2 / October 5, 1955 r e c l a s s i f i c a t i o n i n c r e a s e d commercial, i n d u s t r i a l , and a g r i c u l "" t u r a l l o a n s $318 m i l l i o n and d e c r e a s e d r e a l e s t a t e l o a n s and " o t h e r " l o a n s by
$29U and $25 m i l l i o n s , r e s p e c t i v e l y .



ASSETS AMD LIA]3ILITIES 0] WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, OCTOBER 19, 1955
D 1 s t r i c t
F e d e r a l
R e s e r v e
Total
New P h i l a S t . Minne- Kansas
Cleve- R i c h San
All
A t l a n t a Chicago
Dallas
Boston
Louis a p o l i s C i t y
land
mond
York d e l p h i a
Francisco
Districts
( I n m i l l i o n s of dol]Lars)
ASSETS

H.4.2(a)

85,542
45,974
25,082

3,824
2,209
1,308

25,763
15,142
9,260

3,287
2,066
1,072

6,057
2,857
1,330

3,435
1,699
768

3,313
1,619
899

11,669
5,197
3,118

2,764
1,533
782

1,489
819
433

3,389
1,677
979

3,813
2,358
1,513

16,739
8,798
3,620

2,636

28

1,938

59

169

36

27

223

25

4

18

17

92

1,180
8,o4o
9,771

37
338
541

474
1,198
2,531

52
210
714

104
687
620

69
335
513

40
156
521

175
750
1,032

27
276
443

15
168
209

22
277
396

119
205
529

46
3,440
1,722

U. S. Government s e c u r i t i e s - t o t a l
Treasury b i l l s
T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s
Treasury notes
U. S . bonds
Other s e c u r i t i e s

30,941
1,035
1,300
7,959
20,647
8,627

1,227
54
57
236
880
388

7,942
394
260
1,703
5,585
2,679

903
14
69
193
627
318

2,579
103
81
760
1,635
621

1,463
57
52
331
1,023
273

1,369
90
64
461
754
325

5,243
82
189
1,399
3,573
1,229

986
26
30
357
573
245

512
12
16
158
326
158

1,361
89
62
417
793
351

1,206
39
74
258
835
249

6,150
75
346
1,686
4,043
1,791

Loans t o banks
Reserves w i t h F e d e r a l Reserve Banks
Cash i n v a u l t
Balances w i t h domestic banks
Other a s s e t s - n e t

967
13,713
990
2,453
1,916

37
575
70
108
92

641
4,665
221
172
792

6
501
52
111
78

17
939
98
155
93

14
536
81
170
71

16
492
52
247
66

13
1,965
116
279
132

20
441
36
134
44

1
219
16
75
23

8
574
42
300
50

13
596
48
426
142

181
2,210
158
276
333

56,293
21,676
3,480

2,976
633
137

17,831
4,386
1,379

2,412
509
132

4,017
1,737
267

2,533
721
129

2,344
635
106

7,234
3,204
519

1,773
559
87

889
287
52

2,368
558
112

2,705
818
144

9,211
7,629
4l6

10,614
1,474

373
31

3,029
1,143

432
21

546
9

498
11

689
11

1,714
46

680
4

341
3

880
2

861
18

571
175

710
623
2,318
8,393

15
24
87
430

68
278
1,156
2,984

45
41
55
388

33
37
82
631

21
28
45
321

48
7
50
296

258
44
143
1,012

21
9
41
265

60
25
27
139

78
11
34
320

37
4
62
389

26
115
536
1,218

1

1

h

I

Loans and i n v e s t m e n t s a d j u s t e d l /
Commercial, i n d u s t r i a l , and a g r ' l l o a n s
Loans t o b r o k e r s and d e a l e r s f o r
purchasing or carrying s e c u r i t i e s
Other l o a n s f o r p u r c h a s i n g o r c a r r y i n g
securities
Real e s t a t e l o a n s
Other l o a n s

L I A B I L I T I E S
Demand d e p o s i t s a d j u s t e d
Time d e p o s i t s e x c e p t U. S. Government
U. S . Government d e p o s i t s
I n t e r b a n k demand d e p o s i t s :
Domestic banks
F o r e i g n banks
Borrowings:
From F e d e r a l Reserve Banks
From o t h e r s
Other l i a b i l i t i e s
CAPITAL ACCOUNTS

1 / E x c l u s i v e of l o a n s t o banks and a f t e r d e d u c t i o n of v a l u a t i o n r e s e r v e s ; i n d i v i d u a l l o a n items a r e shown g r o s s .