The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM April 30, 1958 (For Immediate Release) CONDITION OF WEEKLY REPORTING MEMBER B A M S IK LEADING CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended April 23: Decreases of $539 million in loans adjusted, $ 2 6 3 million in reserve balances with Federal Reserve Banks, $178 million in balances with domestic banks, $341 million in U. S. Government deposits, and $744 million in demand deposits credited to domestic banks, Commercial and industrial loans decreased in all but one district and a total of $4l6 million at all reporting member banks; the principal decreases were $1?8 million in New York City, $62 million in the Chicago District, $51 million in the Cleveland District, $28 million in the Boston District, and $26 million in the Dallas 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 $155 million. Holdings of Treasury bills decreased $109 million in New York City and a total of $174 million at all reporting member banks. Holdings of Treasury notes and of U. S. Government bonds increased $39 million and $60 million, respectively. Holdings of "other" securities decreased $65 million. Demand deposits adjusted decreased $186 million in the New York District outside of New York City, $84 million in the San Francisco District, and $46 million in the Philadelphia District, but they increased $183 million in New York City and $56 million in the Boston District; there was a net decrease of $130 million at all reporting member banks. Time deposits increased $139 million of which $42 million was in the San Francisco District. A summary of assets and liabilities of reporting member banks follows: Increase or April decrease since April 24, April 16, 1957 1956 (In millions of dollars) A S S E T S 661 +5,336 92,052 Loans and investments adjusted l/ 36 Loans adjusted l/ 53,036 539 -1,136 4l6 Commercial and industrial loans 29,792 6 460 + 39 Agricultural loans Loans to brokers and dealers for + 934 155 purchasing or carrying securities 2,776 + 140 + 34 Other loans for purchasing or carrying securities 1,314 6 + 45 + Real estate loans 8,735 + 49 Other loans 11,111 15 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 30,107 1,918 1,149 6,979 20,061 57 174 + 39 + + 8,909 1,650 13,297 968 2,445 L I A B I L I T I E S Demand deposits~adjusted *~ ™* ~ 56,361 Time deposits except U. S. Government 27,177 U. S. Government deposits 3,269 Interbank demand deposits: Domestic banks 10,746 Foreign banks 1,513 Borrowings: From Federal Reserve Banks 190 From others 1,024 1/ Exclusive of loans to banks and after deduction of valuation loan items are shown gross. - - + - 18 60 65 116 263 16 178 - 130 + - 139 341 744 +4,135 + 884 - 198 +1,838 +1,611 +1,237 + + 433 222 28 52 - 334 +4,075 + 736 + 598 + 8 37 65 - 372 248 123 reserves; individual, H A . 2(a) A S S E T S ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, APRIL 23, 1958 F e d e r a l R e s e r v e Pi s t r i c t Total San St. Minne- Kansas Dallas Phila- Cleve- Rich- Atlanta Chicago New All Boston Francisco Louis apolis City mond land delphia York Districts (In millions of dollars) 450 15 4,214 2,554 1,498 32 10,524 4,358 .230 34 6 95 53 147 221 835 1,275 29 277 469 8 43 284 447 183 185 241 201 632 93 3,920 1,955 1,360 116 85 319 84o 317 4,660 195 104 1,091 3,270 1,185 1,021 32 47 273 491 24 1,317 104 37 36 53 72 1,897 111 86 173 395 35 144 47 2,575 859 142 2,305 894 112 7,251 3,487 408 1,673 640 96 44o 765 13 1,700 44 8 20 3 2 69 355 92,052 53,036 29,7,92 460 3,992 2,457 1,472 10 28,324 17,515 11,721 12 3,341 2,154 1,144 1 6,395 3,464 1,752 2 3,603 1,932 895 7 3,588 1,911 1,032 9 12,019 6,174 3,762 12 2,827 1,565 771 12 1,535 2,776 38 1,891 62 123 47 42 238 1,314 8,735 11,111 16 363 619 447 1,143 2,725 42 208 765 125 787 740 56 356 607 51 176 636 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 30,10? 1,918 1,149 6,979 1,169 8,031 781 235 1,761 5,254 2,778 872 2,304 55 103 788 1,358 1,378 74 49 245 1,010 37 482 50 77 98 46 910 101 133 110 20 525 82 162 89 2,348 104 4,117 1,951 176 504 9 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 20,061 72 71 308 8,909 718 366 1,650 81 13,297 551 62 92 126 968 2,445 2,913 884 4,511 207 160 1,385 26 63 205 578 315 627 18,652 3,562 1,896 937 118 Loans and investments adjusted 1/ 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 293 476 278 890 1,374 90 73 299 912 349 286 6,130 349 237 1,229 4,315 1,998 35 510 42 347 65 95 546 51 503 175 294 2,286 158 220 526 902 355 55 2,372 2,623 122 1,205 146 9,209 9,503 419 701 4 347 4 948 2 1,000 17 503 136 112 126 213 10 7 50 2 13 35 13 5 4l 17 14 80 1,193 303 159 375 482 10 148 750 1,458 262 669 241 17 129 321 154 13 208 16 67 33 65 332 816 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 C A P I T A L A C C O U N T S 56,361 27,177 3,269 3,081 l6l 17,905 6,320 1,328 10,746 1,513 356 30 3,029 1,225 453 21 1,024 3,242 6 l4o 13 557 1,617 2 38 70 88 114 9,803 480 3,477 419 736 650 190 630 8 63 366 l/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. 683
@FedFRASER