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H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) December 11, 1957 CONDITION OF WEEKLY REPORTING MEMBER BANES IN LEADING CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week <;nded December 4$ Increases of $167 million in loans adjusted, #609 million in holdings of U, S. Government securities, $572 million in U. S, Government deposit.s, and $431 million in demand deposits credited to domestic banks. Commercial and industrial loans increased $55 idllion at all reporting member banks; the principal changes were an increase,1 of $89 million in New York City and a decrease of $25 million in Chicago. Changes according to industry appear in another press release. Loans to brokers r,nd dealers for purchasing or carrying U, S, Government and other securities increased $1.46 million. Holdings of Treasury notes increased in all districts for a total of $473 million, reflecting the sale of a new Treasury i ssun. Holdings of Treasury bills increased y>35 million. Holdings of U, S, Government bonds increased $117 million, of which $46 million was in New York City and $40 million in the San Francisco District, Demand deposits adjusted decreased $88 million in the Dallas District, $71 million in the Chicago District, and ljj>59 million in the St, Louis District, but they increased $74 million in New York City and $52 million in the Cleveland District; there was a net decrease of v75 million et all reporting member banks. Time deposits increased $47 million at all reporting member banks, of which $43 million was in the San Francisco District, Borrowings from Federal Reserve Banks decrease} $30 million and borrowings from others increased $147 million. Loans to banks increased $202 million, A summary of assets and liabilities of reporting member banks follows: Increase or ..... decrease since (In millions of dollars) A S S E T S Loans and investments adjusted ]J 86,858 + 687 +786' Loans adjusted ]J *167 53,496 +• 774 Commercial and industrial loans 31,148 * 55 +1,136 Agricultural loans 437 -* 3 31 Loans to brokers and dealers for purchasing or carrying securities +146 1,756 - 315 Other loans for purchasing or carrying securities • » 1 1,094 - 103 Real estate loans 8,749 - 28 99 Other loans 11,379 - 6 + 376 U, S. Government securities - total +609 45,619 - 201 Treasury bills + 35 1,042 - 102 Treasury certificates of indebtedness ;L,697 - 16 + 977 Treasury notes It, 86 5 +473 - 319 U, S, bonds IS, 015 +117 - 757 Other securities + 10 7,743 + 114 Loans to banks +202 1,625 - 428 Reserves with Federal Reserve Banks + 81 13,421 - 224 Cash in vault 1,038 + 15 + 19 Balances with domestic banks 2,329 - 25 50 L I A B I L I T I E S Demand deposits adjusted 55,289 - 75 -1,356 Time deposits except U, S* Government 23,614 + 47 +2,03A. U, S. Government deposits 2,496 +572 + 228 Interbank demand deposits: Domestic banks 10,4''3 +431 - 313 Foreign banks 1,610 - 29 79 Borrowings: From Federal Reserve Banks 3B0 - 30 - 130 From other* 1,097 +147 + 119 of valuation reserves; indi— vidual items are shown gross, * November 27 figures revised (San Francisco District) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, DECEMBER 4, 1957 Total Fe d e r a l R e s e r v e D i s t r i c t New Phila- Cleve- RichSt. MinneAll Districts Boston York land mond Atlanta Chicago Louis apolis delphia A S S E T S (In millions of dollars) 86,858 3,828 25,803 3,214 6,244 3,451 3,4(35 11,783 2,807 1,486 Loans and investments adjusted l/ 900 2,190 3,590 1,898 1,935 6,504 1,683 53,496 2,518 17,182 Loans adjusted l/ 4,063 871 456 901 1,035 1,167 l,86o 31,148 1,511 12,222 Commercial and industrial loans 6 10 2 12 8 16 1 12 15 Agricultural loans 437 Loans to brokers and dealers for 40 26 26 1,084 190 43 119 45 purchasing or carrying securities 1,756 Other loans for purchasing or carrying 28 16 172 34 127 50 23 381 securities 1,094 9 178 181 1,188 201 817 345 Real estate loans 279 8,749 793 373 808 602 246 1,409 2,682 656 642 495 Other loans 754 11,379 5.4.2(a) 6,444 356 761 2,060 23 99 81 92 122 590 535 1,279 263 594 1,266 1,166 39 42 118 90 246 187 760 950 287 304 4,146 70 897 47 84 185 581 227 435 22 29 93 291 151 24 22 102 22 1,042 15 Loans to banks 1,625 35 17 881 494 Reserves with Federal Reserve Banks 4,624 432 1,90? 509 13,421 495 550 106 120 83 Cash in vault 52 251 1,038 69 37 57 248 80 148 142 267 171 176 Balances with domestic banks 2,329 91 82 101 1,284 2,806 105 no 47 93 Other assets - net 117 L I A B I L I T I E S 1,611 Demand deposits adjusted 2,505 2,199 7,215 2,934 17,544 2,363 4,130 55,389 1,860 788 3,328 610 596 4,833 Time deposits except U. S. Government 23,814 513 774 84 66 1,006 111 U. S. Government deposits 163 297 91 2,496 131 Interbank demand deposits: 467 1,657 Domestic banks 413 2,948 520 785 326 757 10,493 8 44 11 21 Foreign banks 1,318 11 1,610 30 5 Borrowings: 20 14 21 14 50 20 99 From Federal Reserve Banks 380 27 From others 26 46 44 22 172 498 49 1,097 7 68 Other liabilities 218 120 81 69 72 138 1,593 3,192 1,162 716 343 3,420 358 417 297 9,606 469 CAP H A L A C C O U N T S 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. 5 205 15 70 33 U. S. Government securities - total Treasury bills "'Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 25,619 1,042 1,697 4,865 18,015 7,743 996 70 54 190 682 314 286 1,217 4,585 2,177 20$ 722 3,149 1,073 Kansas San City Dallas Francisco 3,340 3,947 1,842 2,472 983 1,483 111 23 17,610 10,782 23 18 135 27 289 433 166 195 630 61 3,910 1,172 1,189 4,596 221 2,022 69 71 279 753 74 98 203 8l4 286 5,087 131 489 831 3,636 1,741 24 499 41 304 61 17 598 51 4l4 185 2,227 156 218 528 326 878 2,184 2,576 300 334 42 615 80 994 101 9,250 8,569 324 352 5 884 2 910 19 474 136 5 9 37 91 11 38 103 460 8 152 2 45 366 184 648 1,446
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