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H.4.2. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) December 4, 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 November 27; Decreases of $385 million in loans adjusted, $268 million in reserve balances with Federal Reserve Banks, $311 million in demand deposits credited to domestic banks, and $518 million in borrowings from Federal Reserve Banks, and an increase of $286 million in demand deposits adjusted. Commercial and industrial loans decreased in most districts and a total of $240 million in all reporting member banks; the principal decreases were $105 million in New York City, $26 million in the Boston District, $23 million each in \ Chicago and in the Cleveland District, $17 million in the Richmond District, and $16 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 or other securities decreased $130 million. Holdings of Treasury certificates of indebtedness and of U, S. Government bonds increased $47 million and $26 million, respectively. Holdings of "other" securities increased $64 million, of which $45 million was in New York City. Demand deposits adjusted increased $149 million in the Chicago District, $118 million in New York City, and $94 million in the Dallas District, but they decreased $102 million in the San Francisco District and $94 million in the Kansas City District, Time deposits increased $37 million. Loans to banks increased $265 million, and borrowings from other than Federal Reserve Banks increased $357 million, A summary of assets and liabilities of reporting member banks follows: Incre5ase or NQV; decrea:3e since 27. Nov. 28, 1957* N j m 20, 1956 1957 A S S E T S Loans and investments adjusted l/ 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 86,082 53,341 31,113 435 -385 -240 — 6 - 125 + 880 +1,185 44 1,607 1,093 8,774 11,381 -130 - 1 - 3 - 6 — + 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 25,009 1,007 1,713 4,391 17,898 7,732 1,360 13,340 1,018 2,354 + 71 + 1 + 47 - 3 + 26 + 64 +265 -268 + 3 - 25 -1,132 - 253 + 951 - 888 - 942 + 127 + 126 - 178 74 - 133 308 112 81 425 L I A B I L I T I E S +286 Demand deposits adjusted -1,236 55,396 Time deposits except U, S, Government +1,997 + 37 23,758 U, S, Government deposits -1,130 -150 1,929 Interbank demand deposits: Domestic banks 10,067 -311 - 579 + 6 15 Foreign banks 1,645 + 145 -518 Borrowings: From Federal Reserve Banks 410 + 29 +357 From others 950 l/ Exclusive of loans to banks and after deduction of valuation reserves; individua], items are shown gross, * Preliminary ( San Francisco District ) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES. NOVEMBER 27. 1957 )i B t r i c t F e d e r a l R e s e r v e Total San St. Minne- Kansas RichClevePhilaNew All Dallas Francisco* Atlanta Chicago Louis apolis Boston York mond land delphia Districts? (in millions of dollars) A S S E T S 86,082 3,795 25,456 3,196 6,149 3,432 3,369 11,659 2,752 1,479 3,406 3,920 17,469 Loans and investments adjusted 1/ 907 l,84i 2,479 10,778 6,530 1,674 1,903 1,922 3,578 2,524 17,018 2,187 53,341 Loans adjusted l/ 4,6ll 46i 984 1,492 4,089 872 1,033 1,858 903 1,170 12,128 1,512 31,113 Commercial and industrial loans 220 22 110 16 16 6 10 12 2 8 1 12 435 Agricultural loans Loans to brokers and dealers for 21 105 24 17 44 192 36 7 109 38 986 28 1,607 purchasing or carrying securities Other loans for purchasing or carrying 166 63 24 27 9 171 50 127 33 18 27 378 1,093 securities 280 289 3,924 181 194 817 202 347 179 792 1,197 372 8,774 Real estate loans 2,017 248 631 484 434 1,406 648 603 809 754 644 2,703 11,381 Other loans 423 1,234 1,155 4,959 4,052 851 1,249 1,142 1,983 6,258 747 956 25,009 U. S. Government securities - total 113 21 70 113 62 40 47 36 69 23 344 69 1,007 Treasury bills 500 62 26 98 96 200 88 123 81 80 320 39 1,713 Treasury certificates of indebtedness l8l 270 750 87 652 223 173 172 106 554 1,058 165 4,391 Treasury notes 806 3,596 289 569 755 3,138 756 1,279 953 538 683 4,536 17,898 U. S. bonds 286 1,732 149 331 227 280 1,077 305 588 262 2,180 315 7,732 Other securities 228 14 10 6 42 13 13 15 67 64 283 5 1,360 Loans to banks 2,224 607 207 438 515 1,869 500 548 907 501 4,503 521 13,340 Reserves with Federal Reserve Banks 42 171 16 50 120 38 83 101 55 234 49 1,018 59 Cash in vault 211 294 l4o 455 78 262 238 166 80 167 167 96 2,354 Balances with domestic banks 184 6l 512 80 164 47 33 83 105 1,269 116 97 2,751 Other assets - net 5.4.2(a) L I A B I L I T I E S 2,477 2,223 791 775 108 67 7,286 3,317 310 1,670 601 61 889 333 39 2,203 612 83 2,664 999 73 9,210 8,517 292 442 8 681 10 1,537 46 684 5 332 4 852 2 877 18 448 138 43 48 68 74 22 70 42 180 217 24 29 57 11 22 37 137 26 47 26 13 100 117 662 297 341 1,157 358 415 715 468 3,423 9,583 C A P I T A L A C C O U N T S ~Yf Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. 152 366 460 1,431 Demand deposits adjusted Time deposits except U. S. Government U. S. Government deposits Interbank demand deposits: Domestic batiks Foreign banks Borrowings: From Federal Reserve Banks From others Other liabilities 17,428 610 4,834 104 549 2,338 514 86 4,078 1,855 157 332 29 2,964 1,353 4il 23 507 9 5 33 l4o 26 364 1,571 12 10 47 118 55,396 23,758 1,929 2,930 10,067 1,645 4io 950 3,167 49 80 — — ^Preliminary (San Fran. Diet.
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