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H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) August 7, 1957 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 July 31: Increases of $71 million in loans adjusted and $161 million in demand deposits credited to domestic banks. Commercial and industrial loans decreased $45 million at all reporting member banks; the principal changes were decreases of $80 million in New York City, $23 million in Chicago, $16 million in the San Francisco District, $13 million in the Cleveland District, and $12 million in the Philadelphia District, and an increase of $115 million in the New York District outside of New York City, Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying securities increased $52 million, "Other" loans increased $60 million. Holdings of Treasury bills and of Treasury certificates of indebtedness increased $23 million and $15 million, respectively; and holdings of U, S, Government bonds decreased $24 million. Holdings of "other" securities increased $31 million. Demand deposits adjusted decreased $66 million in New York City and $41 million in the San Francisco District, but they increased $88 million in the Chicago District; there was a net decrease of $15 million at all reporting member banks., U, S, Government deposits increased $44 million. Borrowings from Federal Reserve Banks were practically unchanged, and borrowings from others decreased $144 million. Loans to banks decreased $103 million. Capital accounts increased $154 million at all reporting member banks, of which $138 million was in New York City largely reflecting a sale of additional stock at one bank. ASSETS increase or July decrease since 31, August 1, July 24, 1957* 1956 1957 (In millions of dollars) Loans and investments adjusted 1/ 86,364 Loans adjusted 53,567 Commercial and industrial loans 31,310 Agricultural loans 427 Loans to brokers and dealers for 1,662 purchasing or carrying securities Other loans for purchasing or carrying securities 1,142 Real estate loans 8,675 Other loans 11,410 +120 + 71 - 45 - 1 +1,755 +2,642 +3,019 16 + 52 - 1 + 9 + 60 + + U, S, Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U, S, bonds Other securities 25,241 1,504 1,342 4,207 18,188 7,556 + + + + + 18 23 15 4 24 31 - 737 +1,006 + 992 —1,681 -1,054 - 150 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,258 13,275 964 2,463 -103 - 59 - 31 + 59 - 109 + 227 + 49 + 36 55,555 23,590 2,575 10,447 1,661 271 682 - 15 - 9 + 44 +161 - 36 + 1 -144 1 +1,686 + 314 18 + 67 — 44 - 397 607 113 4 546 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 2J Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross, * Preliminary (San Francisco District), ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, JULY 31, 1957 F e d e r a l Reserve D i strict Total San St. Minne- Kansas Phila- Cleve- RichNew All Dallas Chicago Atlanta Francisco* City apolis Boston Louis land mond York delphia Districts* (In millions of dollars) A S S E T S 3,896 25,781 3,266 6,201 3,432 3,375 11,695 2,701 1,497 3,386 3,957 17,177 86,364 Loans and investments adjusted l/ 926 1,807 2,408 10,568 3,642 1,877 1,886 6,633 l,6l8 2,585 17,345 2,272 53,567 Loans adjusted l/ 4,403 484 822 964 1,445 4,208 884 1,569 12,363 1,240 31,310 Commercial and industrial loans 88 232 23 17 8 15 9 2 9 2 13 427 9 Agricultural loans Loans to brokers and dealers for 112 33 182 33 27 36 7 104 45 40 1,020 23 1,662 purchasing or carrying securities Other loans for purchasing or carrying 64 148 8 181 27 25 47 143 37 406 21 35 1,142 securities 283 191 280 3,921 801 177 174 782 339 1,165 199 363 8,675 Real estate loans 611 248 1,998 436 1,406 475 635 766 596 817 2,764 658 11,410 Other loans 860 421 1,240 1,271 4,977 3,992 1,291 1,183 1,967 6,320 756 963 25,241 U. S. Government securities - total 213 22 167 103 80 119 75 100 62 57 454 52 1,504 Treasury bills 114 61 42 371 24 89 135 96 42 71 254 43 1,342 Treasury certificates of indebtedness 162 302 705 664 85 190 242 481 177 85 969 145 4,207 Treasury notes 828 3,688 290 774 3,074 553 961 772 1,315 4,643 567 18,188 723 U. S. Bonds 278 1,632 150 223 339 1,070 306 264 238 592 348 2,116 7,556 Other securities 16 296 12 60 9 9 27 30 31 15 44 709 1,258 Loans to banks 2,094 613 4l8 205 534 464 1,905 522 931 474 517 4,598 13,275 Reserves with Federal Reserve Banks 46 167 42 15 119 35 46 53 204 79 95 63 964 Cash in vault 423 227 76 319 152 276 267 180 176 162 108 97 2,463 Balances with domestic banks 470 61 151 42 148 31 81 76 103 1,140 99 107 2,509 Other assets - net 5.4.2(a) L I A B I L I T I E S 2,988 17,460 2,272 4,l80 2,511 2,264 55,555 Demand deposits adjusted 1,845 775 771 517 4,771 617 Time deposits except U. S. Government 23,590 112 93 183 145 863 123 U. S. Government deposits 2,575 Interbank demand deposits: 440 704 492 438 3,032 336 10,447 Domestic banks 6 11 21 9 1,376 29 1,661 Foreign banks Borrowings: 19 19 29 16 35 27 271 From Federal Reserve Banks 8 86 50 7 4l 332 682 From others 55 70 95 120 1,389 2,666 Other liabilities 333 351 701 413 3,344 465 9,386 C A P I TAL A C C O U N T S 1/ Exclusive of loans to banks and after deduction of valuation reserves; Individual loan items are 7,379 1,651 3,296 595 406 90 867 2,291 621 326 81 66 2,697 989 121 8,995 8,467 292 1,706 47 672 5 350 4 905 2 854 21 518 130 45 21 173 1,130 4 6 44 290 26 14 31 149 35 19 43 14 4 56 450 2 94 530 1,403 357 shorn, gross. .Preliminary (San Fran. Diet.,
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