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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) H.4,2 February 25, 1959 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 February 18: Decreases of $346 million in holdings of U. S« Government securities and $829 million in demand deposits adjusted; and an increase of $59^ million in U. S. Government deposits. Commercial and industrial loans increased in all but one district and a total of $91 million at all reporting member banks; the principal increases were $22 million in the Dallas District, $17 million in the Boston District, $15 million in New York City, and $11 million in the Philadelphia 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 decreased $40 million. Holdings of Treasury bills increased $399 million, holdings of Treasury certificates of indebtedness increased $258 million, and holdings of Treasury notes decreased $964 million, largely reflecting the Treasury's new financing and refunding. Demand deposits adjusted decreased $243 million in the Chicago District, $202 million in New York City, $98 million in the Philadelphia District, and $88 million in the Cleveland District. Time deposits increased $45 million. Borrowings from Federal Reserve Banks increased $159 million and borrowings from others decreased $11 million. Loans to banks decreased $6l million. A summary of assets and liabilities of reporting member banks follows: Increase or February 18, decrease since Feb. 11, Feb. 19, 1958 1959 (In millions of dollars) 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 1,322 9,729 11,787 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 31,209 2,327 3,817 6,998 18,067 9,132 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,570 12,974 987 2,475 94,058 53,717 29,662 581 1,864 - + + - 236 69 91 4 +7,031 +1,295 r/- 270 ~ + 143 • 40 - 104 + + + 6 10 6 + + r/+ 151 992 471 - + + - + . + - + 346 399 258 964 39 4l +4,757 +1,073 +2,741 +2,177 -1,234 + 979 61 282 22 72 + + - 137 588 35 219 L I A B I L I T I E S Demand deposits adjusted 56,681 829 Time deposits except U. S. Government 28,213 + 45 U. S. Government deposits + 594 3,183 Interbank demand deposits: Domestic banks 10,538 73 Foreign banks 1,432 27 Borrowings: From Federal Reserve Banks + 159 345 From others 1,146 11 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. * Preliminary (San Francisco District). r/ Revised; revised figures for the period January 8 thru September 17, 1958 appear in February Bulletin. +1,799 +2,609 + 907 + 45 47 + 277 + 284 will ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, FEBRUARY 18, 1959 R e s e r v e D1 s t r let F e d e r a 1 Total St. Minne- Kansas San Phila- Cleve- RichNew All mond Atlanta Chicago Louis apolis City Dallas Francisco* delphia land District* iBoston York (In millions of dollars) H.4.2(a) A S S E T S Loans and investments adjusted 1/ 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 Eeal estate loans Other loans 94,058 53,717 29,662 581 4,038 2,506 l,46l 9 28,116 16,808 11,197 13 3,462 2,169 1,152 1 6,445 3,536 1,702 3 3,727 1,976 915 7 3,729 2,049 1,074 11 12,306 6,l8l 3,702 19 2,866 1,607 796 14 1,567 902 445 19 1,864 29 1,306 29 115 28 26 l6l 33 5 42 22 68 1,322 9,729 11,787 18 403 647 440 1,327 2,967 55 226 782 173 840 773 46 401 618 65 214 697 215 911 1,348 20 275 496 11 196 242 33 313 476 179 218 661 67 4,405 2,080 U. S. Government securities - total Treasury tills Treasury certificates of indebtedness Treasury notes U. S. "bonds Other securities 31,209 2,327 3,817 6,998 18,067 9,132 1,170 52 169 358 591 362 8,46l 905 1,123 2,038 4,395 2,847 975 65 174 225 511 318 2,294 148 271 711 1,164 615 1,422 63 127 273 959 329 1,355 l4l 213 222 779 325 4,927 403 46i 1,087 2,976 1,198 1,007 49 118 265 575 252 509 23 43 135 308 156 1,352 120 202 313 717 357 1,427 118 129 265 915 346 6,310 240 787 1,106 4,177 2,027 Loans to "banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic "banks Other assets - net 1,570 12,974 987 2,475 2,857 80 531 61 100 117 954 4,223 215 164 1,294 14 479 51 80 99 22 888 101 151 105 17 526 80 150 93 27 498 55 287 86 64 1,881 115 271 180 32 391 35 145 40 2 190 15 67 39 21 508 42 336 79 13 587 48 505 187 324 2,272 169 219 538 56,681 28,213 3,183 3,037 689 132 17,657 6,476 1,073 2,342 647 143 4,014 1,996 248 2,599 877 141 2,362 932 101 7,244 3,598 562 1,652 648 83 885 380 56 2,452 722 111 2,799 l,28l 155 9,638 9,967 378 10,538 1,432 346 29 3,022 1,121 422 25 499 10 444 8 759 14 1,674 50 711 4 316 4 871 2 949 15 525 150 345 1,146 3,169 17 53 136 17 466 1,538 21 87 71 66 112 31 50 71 43 23 69 115 102 233 24 16 55 3 21 40 59 44 49 10 32 91 5 186 704 3,729 4,514 2,020 2,741 1,018 1,672 38 171 19,559 11,222 4,528 276 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 316 1,528 405 522 1,239 175 379 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. •Preliminary (San Fran. Dist.) C A P I T A L A C C O U N T S 10,214 488 3,596 427 767 372
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