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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) February 19, 1958 H.4t2. rfONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The condition statement of weekly reporting member banks in leading cities shdws the following principal changes for the week ended February 12 i Decreases of $188 million in reserve balances with Federal Reserve Banks, $332 million in demand deposits adjusted, $196 million in U. S. Government deposits, and $155 mil* lion in demand deposits credited to domestic banks, and an increase of $318 million in time deposits Commercial and industrial loans decreased $100 million. The principal changes were $50 million in New York City, $32 million in Chicago, $21 million in the San Francisco District, and $15 million in the St. Louis District, and an increase of $10 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 $73 million. Holdings of Treasury bills decreased $58 million. Holdings of Treasury certificates of indebtedness and of Treasury notes increased $36 million and $32 million, respectively. Holdings of "other" securities increased $114 million of which $4b million was in New York City. Demand deposits adjusted decreased $1?0 million in the Cleveland District, $124 million in New York City, and $38 million in the Chicago District outside of Chicago, but they increased $39 million in the Richmond District. Time deposits increased $165 million in New York City and $76 million in the San Francisco District. Borrowings from Federal Reserve Banks increased $68 million and borrowings from others increased $54 million. Loans to banks decreased $171 million. A summary of assets and liabilities of reporting member banks follows: Increase or decrease since Feb. 13, l i s 5 ' I253L (in millions of dollars; A S S E T S Loans and investments adjusted 1/ Loans adjusted 1.J 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 87,156 52,679 29,887 443 + 2,303 U.S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U.S. bonds Other securities 26,313 1,400 2,087 4,752 18,074 8,164 + + + + 23 58 36 32 13 114 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,533 13,264 1,013 + 2,503 171 188 108 2 + + 332 318 875 +2,933 1,117 8,738 11,330 +2,328 967 70 3 - 90 47 100* 4 + + + + 73 + 609 - 7 6* 15 - 34 44 487 - + - + - - + 641 143 +1.,344 292 554 + 720 + - + 122 145 27 62 L I A B I L I T I E S Demand deposits adjusted 55,548 Time deposits except U.S. Government 25,433 + U.S. Government deposits 1,355 Interbank demand deposits: Domestic banks 10,526 Foreign banks 1,485 Borrowings: From Federal Reserve Banks 143 + From others 1,053 + Exclusive of loans to banks and after deduction of valuation y loan items are shown gross. * February 5 figures revised. 155 16 68 + + + 26 6 216 62 54 reserves; individual ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, FEBRUARY 12, 1958 R e s e r v e D i s t ric t , . F e d e r a l Total San St. Minne- Kansas Phila- CleveNew All Dallas Atlanta Chicago Francisco Louis apolis City delphia land Districts Boston York (I millions of dollars) A S S E T S 2 , 6 9 8 1,448 3,302 3,870 17,612 3,483 3,380 11,648 6,227 3,157 3,772 Loans and investments adjusted 1/ 87,156 865 1,806 2,472 10,564 6,207 1,587 1,912 1,905 2,107 3,533 2.453 52,679 Loans adjusted l/ 4,361 425 950 1,478 3,854 1,806 871 1,005 1,106 799 1 1 , 7 7 8 1.454 29,887 Commercial and industrial loans 16 223 114 10 11 25 13 2 1 12 7 443 9 Agricultural loans Loans to brokers and dealers for 6 40 38 173 17 62 217 34 118 33 1,528 37 2,303 purchasing or carrying securities Other loans for purchasing or carrying 28 20 167 59 26 179 9 43 123 51 14 398 1,117 securities 184 284 192 180 278 3,913 825 201 352 787 1,177 365 8,738 Real estate loans 2,010 638 240 464 419 66l 1,289 612 803 761 636 2,797 11,330 Other loans 888 5,301 4,344 435 1,174 1,131 1,281 1,179 2,083 6,757 983 757 26,313 U. S. Government securities - total 68 66 263 21 173 28 72 52 55 462 66 74 1,400 Treasury bills 28 68 90 552 116 75 87 106 319 452 137 2,087 Treasury certificates of indebtedness 57 825 278 193 708 91 206 249 195 120 1,129 559 199 4,752 Treasury notes 3,661 740 795 3,144 570 295 742 936 1,313 661 4,714 503 18,074 U. S. bonds 148 322 267 1,747 223 1,097 296 290 611 293 2,534 8,164 336 aOther securities 415 21 51 17 52 48 35 33 33 19 76 733 1,533 Xoans to banks 2,210 1,888 488 434 590 197 553 528 803 490 4,514 569 13,264 Reserves with Federal Reserve Banks 166 42 50 126 36 15 81 54 103 66 223 51 1,013 Cash in vault 212 492 324 264 147 71 318 160 172 102 156 85 2,503 Balances with domestic banks 191 63 559 32 169 47 108 85 90 l,4l6 103 123 2,986 Other assets - net If H. 4.2(a) 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 2,567 2,237 809 819 50 74 7,345 3,386 210 1,635 608 53 866 341 27 2,328 635 52 2,586 1,034 45 9,019 9,073 181 808 12 1,598 43 734 4 328 4 862 2 949 17 554 133 6 4 10 73 27 1 3 143 1 118 10 13 12 622 74 16 1,053 200 70 69 57 115 1,662 144 79 3,211 299 1,174 362 345 720 416 3,463 476 9,701 C A P I T A L A C C O U NTS 1/ Exclusive of loans to banks crnd after deduction of valuation reservesj individual loanitems areshown gross. 2 21 37 154 16 26 44 ~~6 100 1 134 634 370 477 1,445 55,548 25,433 1,355 2,962 631 67 17,654 5,653 433 2,394 543 60 3,955 1,901 103 10,526 366 28 2,909 1,205 424 20 517 8 1,485 477 9
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