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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM h .4.2 (Fof immediate Release) April 15, 1959 CONDITION OF WEEKLY R£PORTING 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 April 8: Decreases of $302 million in loans adjusted, $708 million in balances with domestic banks, $1,551 million in U. S. Government deposits, and $373 million in demand deposits credited to domestic banks, and an increase of $828 million in demand deposits adjusted. Commercial and industrial loans decreased $157 million at all reporting member banks; the principal changes were decreases of $78 million in New York City, $26 million in the San Francisco District, $20 million in Chicago, and $17 million in the Cleveland District, and an increase of $16 million in the Boston District. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying U. S. Government and other securities decreased $185 million. Real estate loans increased $29 million. Holdings of Treasury bills decreased $31 million, Treasury notes $97 million, U. S. Government bonds decreased $38 million. Holdings of "other securities increased $111 million, of which $103 million was in New York City. Demand deposits adjusted increased $993 million in Chicago, $181 million in the San Francisco District, and $55 million in the Richmond District; but they decreased $260 million in the New York District, $69 million in the Chicago District outside of Chicago, and $53 million in the Dallas District. Borrowings of weekly reporting member banks from Federal Reserve Banks increased $398 million and borrowings from others decreased $264 million. Loans to banks decreased $444 million. A summary or assets ana xxbloxj-loj-cb m Increase or decrease since April 8, April 1, April 9, 1959 1958 1959 (In miLllions of dollars; A S S E T S - 302 - 157 +5,334 +2,219 + 301 2,090 - 185 - 328 1,369 + 19 29 + 89 12,075 + 24 + 961 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 30,380 2,521 2,693 7,209 17,957 9,607 - 163 + + 31 3 97 38 ill +2, 325 + 576 +1,534 +2,215 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,479 13,133 951 2,353 + + 444 565 13 - Loans and investments adjusted l/ Loans adjusted j/ Commercial and industrial loans Agricultural loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securities Real estate loans Other loand 95,168 55,181 30,432 589 + 9,863 - 354 6 708 + 131 +1,151 -2,000 + 790 + - 261 102 14 - 60 L I A B I L I T I E S + 828 56,717 Demand deposits adjusted + 16 28,439 Time deposits except U. S. Government -1,551 3,550 U. S. Government deposits 10,803 - 373 Interbank demand deposits: Domestic banks 39 1, 517 Foreign banks + 398 634 Borrowings: From Federal Reserve Banks - 264 1,078 From others 1f Exclusive ofloans to banks and after deduction of valuation reserves; individual loan items are shown gross. +1,466 +1,550 +1,702 + + - 396 15 545 67 DING CITIES ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN H,4.2fa Philadelphia All Districts APRIL 8 Rich- Atlanta Chicago mond In millions of dollars] 2,833 1,633 810 21 1,590 943 480 19 Loans and investments adjusted l/ Loans adjusted l/ Commercial and industrial loans Agricultural loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securities Real estate loans Other loans U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 95,168 55,181 30,432 589 4,058 2,554 1,499 9 28,829 3,514 6,476 3,756 17,264 11,395 13 2,252 1,198 l 1,751 3 963 7 2,090 24 1,477 32 134 29 42 199 35 1,369 9,863 12,075 22 400 662 455 1,350 3,019 59 228 809 179 835 796 46 405 64l 66 223 704 217 915 1,361 21 276 497 30,380 8,385 1,157 687 2,2l4 4,327 3,180 36 503 76 490 108 98 53 291 85 107 1,236 73 995 94 139 4,799 358 355 1,131 2,955 1,277 50 1,738 941 32 96 277 536 259 1,479 13,133 951 2,353 2,814 929 62 138 227 502 333 48 480 49 90 102 2,228 258 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 1,106 47 130 316 613 398 24 255 190 407 35 146 44 2,383 938 7,032 3,605 1,629 656 883 382 77 2,521 2,693 7,209 17,957 9,607 477 60 86 117 703 4,522 215 144 3,628 2,052 158 637 1,175 620 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 1,3 g 95 273 953 322 160 3,744 2,115 12,429 6,353 1,108 3,819 20 11 1,306 107 177 243 779 323 77 18 56,717 28,439 3,550 2,990 673 118 17,828 6,646 1,242 2,428 653 155 4,019 1,981 397 2,610 10,803 1,517 356 28 2,981 44l 23 531 832 1,676 10 481 19 13 54 709 3 634 18 25 122 36 60 22 73 60 38 23 267 28 89 6l 1,203 884 133 92 580 San Francisco St. MinneLouis 11 196 248 3,657 2,042 1,060 172 280 13 21 79 40 184 69 4,507 309 482 486 24 1,259 93 154 22 301 137 711 303 l6l 356 4 30 513 190 4l 15 68 317 40 83 397 2,241 159 203 540 340 4 929 976 551 142 8 61 30 15 67 5 119 525 1,559 2 4o8 19 577 47 454 171 2,022 4o6 176 21 584 1,134 4,196 165 318 1,255 383 428 375 777 3,607 492 10,303 C A P I T A L A C C 0 U N T S shown gross. >f valuation reserves; individual loan items are! shown 1/ Exclusive of loans to banks and after deduction of gross. 721 1,385 '££ 97 319 907 356 106 35 2,857 6 79 47 1,078 2,186 2,697 1,292 13 44 90 210 219 670 2,347 731 — — 8 68 1,678 19,767 11,589 4,671 33 16 28 4,515 2,756 16 656
@FedFRASER