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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H,4,2
(For Immediate Release)
December 17, 1958
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 December 10: An increase
of $354 million in loans adjusted; decreases of $272 million in holdings of U. S.
Government securities and $1,394 million in U. S. Government deposits; and an increase of $1,644 million in demand deposits adjusted.
Commercial and industrial loans increased $126 million at all reporting member
banks; the principal increases were $38 million in New York City, $32 million in
Chicago, $26 million in the Boston District, and $16 million in the San Francisco
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
increased $174 million. Real estate loans increased $34 million.
Holdings of Treasury bills decreased $110 million in New York City, $81 million
in Chicago, and a total of $278 million at all reporting member banks. Holdings of
"other" securities increased $122 million of which $104 million was in New York
City.
Demand deposits adjusted increased $791 million in New York City, $289 million
in the San Francisco District, $130 million in Chicago, $82 million in the Kansas
City District, and by smaller amounts in all of the other districts. Time deposits
increased $53 million in New York City and a total of $84 million at all reporting
member banks, U, S # Government deposits decreased, in all districts,
Borrowings from Federal Reserve Banks increased $76 million and borrowings
from others decreased $107 million. Loans to banks increased $92 million,
A summary of assets and liabilities of reporting member banks follows:
Increase or
decrease
since
December 10,
Dec, 11,
Dec, 3,
1958 *
1958
1957
(In mdillions of dollars)
A S S E T S
Loans and investments adjusted 1/
Loans adjusted 1/
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
95,134
53,997
30,195
609
+
+
+
+
204
354
126
3
+7,744
+
89
-1,190
+ 175
2,030
+
174
+
115
1,239
9,539
11,567
+
+
+
5
34
11
+
+
+
134
760
207
U, S, Government securities - total
Treasury bills
Treasury certificates of indebtedness
Treasury notes
U, S, bonds
Other securities
31,877
2,132
4,158
6,911
18,676
9,260
Loans to banks
Reserves with Federal Reserve Banks
Cash in vault
Balances with domestic banks
1,758
12,834
1,133
2,382
-
58,858
27,966
1,554
11,117
1,511
326
1,369
+]1,644
+
84
-1,394
+
57
+
53
+
76
107
-
+
-
+
+
+
+
272
27 8
2
12
4
122
92
30
95
17
+6,247
+1,008
+2,432
+2,091
+ 716
+1,408
+
+
443
900
37
36
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
1/
+2,148
+4,023
29
+ 558
- 141
- 458
+ 660
Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross,
Digitized for
* FRASER
Preliminary (San Francisco District)
ASSETS' AIWT.TA^TT.T{I?RRW4fRRK?.YR^(BTINGMB@ERBANKS IN LEADING CITIES^ DECEMBER ID* 1958
F e d e r a 1
R e s e r v e
Pi s t r i c t
Total
San
St. Minne- Kansas Dallas
RichCleveNew
PhilaAll
Atlanta Chicago
Boston
1
Francisco*
Louis apolis City
mond
land
delphia
York
District^
(In
millions
of
dollars)
A S S E T S
6,592 3,789
3,771 12,390 2,970 1,626 3,705 4,502 19,671
3,465
4,094 28,559
95,134
Loans and Investments adjusted 1/
6,144 1,663
936 2,007 2,709 11,143
2,032
3,530 1,998
2,197
2,515 17,123
53,997
Loans adjusted l/
480 1,037 1,630
4,631
1,084
823
3,704
1,742
934
1,209
1,474 11,447
30,195
Commercial and industrial loans
166
44
16
289
20
12
27
1
8
14
3
9
609
Agricultural loans
H.4.2(aJ
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
Loans to banks
Reserves with Federal Reserve Banks
Cash in vault
Balances with domestic banks
Other assets - net
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
2,030
26
1,430
29
110
39
28
202
45
7
26
22
66
1,239
9,539
11,567
20
400
648
394
1,302
2,972
46
227
753
153
842
747
48
398
608
53
215
675
200
900
1,289
28
274
493
11
194
243
38
310
459
181
234
644
67
4,243
2,036
31,877
2.132
4,158
6,911
18,676
1,230
75
312
637
349
8,586
698
1,265
1,868
4,755
2,850
2,4l6
121
330
803
1,162
646
137
1,704
127
251
193
36
413
38
145
42
1,335
125
170
331
709
363
21
507
46
317
79
6,438
266
780
1,148
4,244
2,090
18
884
110
139
111
526
33
67
108
318
164
24
196
17
75
38
1,463
109
167
272
915
330
1,025
4,317
289
151
1,302
1,395
119
236
266
774
344
30
506
58
288
94
1,049
63
108
247
631
258
17
533
74
74
121
1,456
82
133
255
986
335
28
526
89
l6l
97
5,038
400
529
1,088
3,021
1,208
1,758
12,834
1.133
945
41
167
213
524
323
21
478
63
88
103
27
573
53
459
205
374
2,197
169
234
546
27,966
1,554
3,030
676
79
18,755
6,432
451
2,450
670
51
4,174
1,996
98
2,659
875
97
2,349
925
59
7,558
3,609
206
1,730
644
53
942
379
44
2,390
723
84
2,717
1,287
86
10,104
9,750
246
11,117
1,511
352
34
2,957
1,193
439
21
535
10
535
8
864
11
1,679
48
821
3
373
4
966
2
1,036
19
560
158
326
1,369
3,317
38
75
142
24
663
1,602
10
66
84
39
115
127
33
32
80
22
61
77
99
123
241
4
15
41
47
12
52
6
47
116
1
l4l
698
10,154
487
3,566
427
760
371
379
1,239
3
19
57
314
174
399
505
1,533
9,260
2,382
2,931
58,858
206
yj Kirninaiv* nf inarip tn Twfra and after deduction of valuation reserves? individual loan items are shown gross. ^Preliminary {San Fran. Dist.)
@FedFRASER