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H.4.2, BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For immediate Release) December 18, 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 December 11: Increases of $408 million in loans adjusted and $1,241 million in demand deposits adjusted, and a decrease of $891 million in U, S, Government deposits. Commercial and industrial loans increased $242 million at all reporting member banks; the principal changes were increases of $186 million in New York City, $21 million in the San Francisco District, and $16 million in Chicago, and a decrease of $18 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 increased $l6l million. Holdings of Treasury bills and of Treasury certificates of indebtedness increased $82 million and $29 million, respectively. Holdings of Treasury notes and of U.S. Government bonds decreased $45 million and $55 million, respectively. Holdings of "other" securities increased $109 million, of which $95 million was in New York City, Demand deposits adjusted increased $544 million in New York City, $170 million in the San Francisco District, $108 million in Chicago, $80 million in the Kansas City District, and by smaller amounts in all of the other districts. Time deposits increased $120 million,of which $81 million was in deposits of individuals, partnerships, and corporations in New York City. Borrowings from Federal Reserve Banks increased $405 million and borrowings from others decreased $388 million. Loans to banks decreased $384 million. A summary of assets and liabilities of reporting member banks follows: Increase or decrease since Dec* 4, Dec. 12, 1957 1956 Dec. 11, 1957 * A S S E T S Loans and investments adjusted %/ Loans adjusted %/ Commercial and industrial loans Agricultural loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying securi' Real estate loans Other loans U.S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U.S. bonds Other securities (in.millions of dollars) 87,386 53,904 31,378 435 1,917 s 1,105 8,780 11,359 25,630 1,124 1,726 4,820 17,960 7,852 + + + — + + + — + + + - + 528 408 242 ** 2 + 913 + 907 +1,036 34 161 11 19 20 — + 11 82 29 45 55 109 - 254 - 137 +1,012 - 369 - 760 + 260 68 92 76 347 Loans to banks 1,241 — 48 384 Reserves with Federal Reserve Banks + + 125 13,734 313 Cash in vault 1, l6l + 123 4 Balances with domestic banks + 2,346 17 - 171 L I A B I L I T I E S Demand deposits adjusted +1 ,241 56,630 -1,636 Time deposits except U.S. Government + 120 +2,063 23,934 U.S. Government deposits 1,605 891 + 272 Interbank demand deposits: Domestic banks + 10,548 - 448 55 + Foreign banks + 10 1,655 45 Borrowings: From Federal Reserve Banks + + 386 785 405 From ethers 388 709 - 202 17Exclusive of loans to banks and after deduct of valuation reserves; individual items are shown gross. Preliminary (San Francisco District) *-x- December 4 figures revised (San Francisco District) H.4.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, DECEMBER 11, 1957 F e d e r a l Reserve D i s t r i c t Total New Phila- Cleve- RichSt. MinneAll Boston mond Atlanta Chicago Louis apolis land Districts'1 York delphia (in millions of dollars) A S S E T S 3,208 6,244 3,482 3,422 11,715 2,795 1,478 87,386 Loans and Investments adjusted 1/ 3,830 26,307 2,188 3,600 1,924 1,950 6,516 1,690 Loans adjusted l/ 53,904 2,515 17,505 895 1,869 1,042 4,o8l Commercial and industrial loans 904 878 1,172 31,378 1,514 12,411 453 8 6 2 10 Agricultural loans 12 1 16 12 16 435 Loans to brokers and dealers for 40 23 1,206 41 114 purchasing or carrying securities 211 1,917 27 57 Other loans for purchasing or carrying 28 16 22 1,105 127 securities 51 390 33 173 9 180 818 201 lfl 8,780 Real estate loans 1,193 351 794 279 372 606 2,680 661 1,380 640 244 809 494 Other loans 11,359 759 6,528 4,820 17,960 7,852 998 72 52 191 683 317 l,24i 13,734 l,l6l 2,346 2,797 38 533 74 85 117 594 4,893 295 149 1,278 56,630 23,934 1,605 2,939 611 10,548 1,655 785 709 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 25,630 1,124 Loans to banks Reserves with Federal Reserve Banks Cash in vaul t 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 1,726 3,208 1,173 50 114 249 760 299 4,127 6l 198 731 3,137 1,072 875 43 31 466 61 89 100 2,049 1,269 79 41 103 96 186 591 1,276 946 289 595 24 63 928 512 92 115 171 155 106 90 34 487 49 1,945 135 245 30 448 40 149 47 18,125 4,916 88 552 2,401 511 61 4,164 2,558 1,863 780 114 89 2,250 791 63 325 29 2,898 1,366 424 20 533 10 485 8 9 69 289 346 1,613 19 27 78 77 14 120 21 138 449 315 1,185 4,579 2,274 755 24 81 125 525 265 2 71 60 68 185 579 230 4 18 3,342 3,923 17,640 1,857 2,458 10,806 984 1,465 4,605 114 22 216 33 18 140 27 290 433 168 195 632 61 3,926 1,157 1,182 54 72 282 80 98 197 749 328 807 283 42 504 47 306 19 584 55 427 2,021 5,087 149 502 808 3,628 1,747 313 2,236 188 169 218 527 7,359 1,678 3,334 597 46 189 884 2,264 2,588 619 992 334 24 61 67 9,420 8,586 251 807 10 1,619 45 778 4 355 5 887 957 18 480 138 34 234 95 219 35 12 63 2 59 7 38 46 2 6 105 4 131 646 283 81 71 168 4l4 716 357 341 1,163 296 469 3,411 C A P I T A L A C C O U N T S 9,591 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. 430 22 27 90 291 153 4 198 Kansas San City Dallas Francisco* < 69 33 62 2 151 365 46l 1,447 *Preliminary (San Fran. Diet.)
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