The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVEBJORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) September 26, 1956 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The condition statement of weekly reporting member banks in leading c i t i e s shows the following p r i n c i p a l changes f o r the week aided September 19: Increases of $ll*2 million in loans adjusted and $278 million in reserve balances with Federal Reserve Banks, decreases of $162 million in holdings of United States Government s e c u r i t i e s and $195 million i n demand deposits credited to domestic banks, and i n creases of $131 million in demand deposits adjusted and $398 million in United States Government d e p o s i t s . Commercial and i n d u s t r i a l loans increased in a l l but two d i s t r i c t s and a t o t a l of $136 million a t a l l reporting member banks; the p r i n c i p a l increases were $69 million in New York City, $26 million in Chicago, and $ll* million in the S t . Louis D i s t r i c t . Changes according to industry appear in another press r e l e a s e . Loans to brokers and dealers f o r purchasing o r carrying United States Government and other s e c u r i t i e s increased $61 m i l l i o n . "Other" loans decreased $70 m i l l i o n . Holdings of Treasury b i l l s increased $185 million, of which $53 million was in New York City and $1*8 million i n t h e San Francisco D i s t r i c t . Holdings of Treasury c e r t i f i c a t e s of indebtedness and of Treasury notes decreased $58 million and $75 million, r e s p e c t i v e l y . Holdings of United States Government bonds decreased $67 million in New York City, $1*5 million in the San Francisco D i s t r i c t , and a t o t a l of $2ll* million a t a l l reporting member banks. Demand deposits adjusted increased $3b3 million in the New York D i s t r i c t and $69 million in the San Francisco D i s t r i c t , but they decreased $226 million in the Chicago D i s t r i c t , Time deposits decreased $37 m i l l i o n , Borrowings from Federal Reserve Banks decreased $11*3 million and borrowings from others decreased $1*2 m i l l i o n . Loans to banks decreased $21 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 reporting member banks follows: Increase or decrease since Sept. 21, Sept. 12, 1955 (In millions of dollars) ASSETS Loans and investments adjusted 1 / 85,813 - 25 +1,327 Loans adjusted 1/ +11*2 +6,358 51,599 +136) 2/+5,ll& Commercial ancT i n d u s t r i a l loans 29,220 + !*) Agricultural loans hlh Loans to brokers and dealers f o r purchasing o r carrying s e c u r i t i e s + 61 - 1*66 1,925 Other loans f o r purchasing or carrying s e c u r i t i e s + U 1,210 - 13 Real e s t a t e loans + 23 2/+ 582 8,798 Other loans 10,81*3 - 70 |/+l,2l*8 Ekh.2 U. S, Government s e c u r i t i e s - t o t a l Treasury b i l l s Treasury c e r t i f i c a t e s of indebtedness Treasury notes U. S. bonds Other s e c u r i t i e s 26,38J -162 5,611* 18,953 -211* 760 1,056 7,861 +185 - 58 - 75 - 5 -I*, 163 - 21*9 + 519 -2,5^6 -1,887 - 868 Loans to banks 1,W*8 - 21 + 61*6 Reserves with Federal Reserve Banks 13,529 +278 + 165 Cash i n v a u l t 991* - 65 + 27 Balances-with domes t i e banks 2,581 + 20 + 107 L I A B I L I T I E S Demand deposits adjusted +131 55,908 - 355 Time deposits except U. S. Government 22,009 + 369 - 37 U. S. Government deposits 2,870 + 1*52 +398 Interbank demand deposits: Domestic banks 11,112 + 58 8 -195 Foreign banks + 1*1* + 171* 1,610 Borrowings: From Federal Reserve Banks -11*3 3Wi - 393 From others - 1*2 1,158 + 770 1/ Exclusive of loans t o banks and a f t e r deduction of valuation reserves J i n d i vidual loan items are shown gross. 2/ October 5, 1955 r e c l a s s i f i c a t i o n increased commercial and i n d u s t r i a l loans $318 million and decreased r e a l e s t a t e loans and "other" loans $29lt and $25 millions, respectively. ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES. SEPTEMBER 19, 1956 F e d e r a l R e s e r v e D: s t r i c t Total PhilaNew RichS t , Minne- Kansas All San D i s t r i c t s Boston York delphia mond Atlanta Chicago Louis apolis City Dallas Francisco (In millions of dollars) ASSETS if 1 B .4. 2(a) Loans and investments adjusted l / Loans adjusted l / Commercial and i n d u s t r i a l loans Agricultural loans Loans to brokers and dealers f o r purchasing or carrying s e c u r i t i e s Other loans f o r purchasing or carrying securities Real e s t a t e loans Other loans 85,843 51,599 29,220 4?4 3,838 25,899 3,259 6,186 2,479 16,879 2,244 3,384 1,495 11,449 1,180 1,671 10 1 12 1 3,450 3,310 1,829 1,770 859 971 10 7 11,571 2,696 6,073 1,614 807 3,811 20 11 1,472 890 465 16 3,36o 3,830 16,972 1,778 2,462 10,197 929 1,501 4,082 109 245 32 1,925 25 1,281 51 117 34 38 210 33 4 23 24 85 1,210 8,798 10,843 24 375 600 460 1,234 2,744 47 231 785 142 760 754 54 337 564 165 562 53 163 806 28 1,194 281 14 172 231 25 293 419 145 214 579 55 3,930 1,942 U. S. Government s e c u r i t i e s - t o t a l 26,383 1,029 6,658 745 Treasury b i l l s 234 760 23 19 Treasury c e r t i f i c a t e s of indebtedness 1,056 65 49 365 Treasury notes 164 1,086 146 5,6l4 U. S. bonds 18,953 531 777 4,973 Other s e c u r i t i e s 7,86l 270 330 2,362 Loans to banks 1,448 24 23 934 Reserves with Federal Reserve Banks 4,621 562 504 13,529 Cash in vault 216 994 65 49 Balances with domestic banks 106 181 2,581 87 Other assets - net 2,212 100 957 95 L I A B I L I T I E S Demand deposits adjusted 2,942 18,084 2,325 55,908 Time deposits except U. S. Government 620 4,443 22,009 498 U. S. Government deposits 144 2,870 856 127 Interbank demand deposits: Domestic banks 483 11,112 359 3,143 Foreign banks 1,610 21 34 1,299 Borrowings: From Federal Reserve Banks 6 14 344 3 From others 26 1,158 509 71 Other l i a b i l i t i e s 117 1,382 76 2,715 8,881 CAPITAL ACCOUNTS 449 3,086 403 1/ Exclusive of loans t o banks and a f t e r deduction of valuation reserves; 2,159 32 67 1,354 1,231 66 73 61 43 283 374 962 723 267 309 28 33 516 509 81 52 4,368 52 100 997 3,219 1,130 38 1,935 116 5,183 33 417 37 144 46 433 1,236 1,130 8 106 38 19 35 77 111 316 213 802 295 779 149 346 238 14 9 220 568 552 44 48 15 66 518 337 26 159 55 1,088 3,852 1,592 303 2,l84 6,937 1,639 3,203 570 488 98 833 2,326 2,637 863 295 573 128 104 63 9,296 7,747 391 1,771 45 373 4 916 4 954 19 605 28 20 13 31 85 426 2 151 587 1,364 588 1,472 643 9 941 103 155 102 4,0421,780 216 575 11 183 85 262 74 2,497 2,350 678 739 103 152 512 9 716 12 258 133 469 857 24 17 248 568 225 705 4 186 14 19 5 22 6 17 192 43 58 156 55 662 278 340 1,073 315 individual loan items are shown gross. 34 90 86 27 32 144 16 38 341 85 158 168 284 380 148
@FedFRASER