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February 26, 1958 (For Immediate Release) H.4.2 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 19: An increase of $921 million in U. S. Government deposits, and a decrease of $666 million in demand deposits adjusted. Commercial and industrial loans increased $126 million at all reporting member banks; the principal change was an increase of $152 million in New York City, 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 $238 million in New York City and $335 million at all reporting member banks, "Other* loans decreased $95 million of which $26 million was in the Chicago District and $23 million in the Atlanta District. U. S, Government bonds increased $1,227 million and Treasury certificates of indebtedness decreased $1,011 million, which largely reflected exchange of maturing securities for new issues. Holdings of Treasury bills decreased $146 million and holdings of Treasury notes increased $69 million. Demand deposits adjusted decreased $305 million in New York City, $227 million in the Chicago District, $106 million in the San Francisco District, and $92 million in the Philadelphia District, but they increased $74 million in the Cleveland District. Time deposits increased $171 million, of which $58 .million was in New York City and $44 million in the San Francisco District. Borrowings from Federal Reserve Banks decreased $75 million and borrowings from others decreased $191 million. Loans to banks decreased $100 million, A.summary of assets and 1 labilities,of ^porting member banks follows; Increase or decrease since Feb. 20, Feb. 12, 2251 millions of dollars A S S E T S Loans and investments adjusted 1/ Loans adjusted 1J 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 87,027 52,422 30,013 438 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S, bonds Other securities 26,452 1,254 1,076 4,821 19,301 8,153 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,433 13,562 952 2,694 — + 1,968 1,171 8,737 11,235 + — 129 257 126 5 + + + + 1,958 674 103 1 335 + 279 54 1 95 + 18 29 427 + + + - - 139 146 - 1,011 + 69 + 1,227 11 — + - + 100 298 61 191 + — + + + w - + 643 172 253 96 658 641 371 33 28 263 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 54,882 25,604 2,276 10,493 1,479 68 662 + + MP. •rm ' 666 171 921 33 6 75 191 1,332 > 3,036 + 581 ; 353 54 673 + 117 2/ Exclusive of loans to banks and after deduction of valuation reserves; individual are shown gross. loan items ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, FEBRUARY 19, 1958 Total St. MinnePhila- Cleve- Rich- Atlanta New Louis mond land York (It millions of dollars) A SS E T S 3,806 26,450 3,143 6,255 3,458 3,357 11,592 2,704 1,438 87,027 Loans and investments adjusted 1/ 862 1,882 1,874 6,162 1,572 3,538 2,436 17,203 2,099 52,422 Loans adjusted l/ 804 425 3,845 869 1,807 1,459 11,926 1,103 30,013 Commercial and industrial loans 16 12 11 2 9 1 7 12 438 9 Agricultural loans Loans to brokers and dealers for 6 25 191 38 33 121 1,302 35 25 1,968 purchasing or carrying securities Other loans for purchasing or carrying 8 22 194 44 52 26 127 4l8 13 1,171 securities 185 826 278 179 352 786 202 1,168 363 8,737 Real estate loans 458 237 1,263 638 607 2,800 757 799 625 11,235 Other loans 431 4,346 907 1,282 1,185 2,105 749 1,032 6,715 26,452 U. S. Government securities - total 11 49 175 70 50 42 21 434 1,254 Treasury bills 20 43 109 89 § 96 55 65 195 1,076 Treasury certificates of indebtedness 90 185 712 256 191 572 119 1,129 4,821 199 Treasury notes 310 630 3,350 986 770 1,395 544 4,957 716 19,301 U. S. bonds 145 1,084 225 298 294 612 295 2,532 338 8,153 Other securities 1 39 94 11 37 22 828 33 50 1,433 Loans to banks 212 423 1,938 503 502 900 504 4,492 587 13,562 Reserves with Federal Reserve Banks 14 34 116 51 76 100 47 204 60 952 Cash in vault 66 287 155 313 164 235 87 162 103 2,694 Balances with domestic banks 44 32 84 158 87 105 98 1,411 121 2,918 Other assets - net L I A B I L I T I E S 858 1,632 7,118 2,533 2,248 4,029 2,934 17,344 2,302 54,882 Demand deposits' adjusted 345 611 830 3,395 813 1,905 546 632 5,713 25,604 Time deposits except U. S. Government 426 76 39 107 73 181 108 681 118 2,276 U. S. Government deposits Interbank demand deposits: 314 713 1,655 439 757 487 414 3,U7 355 10,493 Domestic banks 4 3 43 12 7 9 23 26 1,197 1,479 Foreign banks Borrowings: 6 2 17 24 7 l 1 68 From Federal Reserve Banks 12 2 154 8 3 26 94 41 376 862 From others 36 206 68 55 76 119 76 1,655 142 3,217 Other liabilities 154 300 1,171 362 347 722 4l6 3,464 478 9,705 C A P I T A L A C C O U NTS H.2(a) mm mm 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. 3,322 3,893 1,815 2,483 947 1,478 114 27 17,609 10,496 4,351 218 16 125 167 27 200 284 640 419 1,191 1,141 62 74 66 71 190 275 823 771 269 316 18 38 565 532 48 41 514 379 61 189 73 3,912 1,992 5,368 215 201 903 4,049 1,745 262 2,404 l6l 229 528 2,377 640 80 2,594 1,057 74 8,913 9,117 313 849 2 894 17 499 136 4 5 45 12 101 6 129 638 371 478 1,442 51
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