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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) February 27, 1957 HOMNTTTFLM OF W.F.KT.Y 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 20: Increases of $476 million in reserve balances with Federal Reserve Banks and $675 million in U. S, Government deposits, and a decrease of $350 million in demand deposits credited to domestic banks. Commercial and industrial loans increased $100 million at all reporting member banks; the principal increases were $67 million in New York City and $11 million in the Philadelphia District. Changes according to industry appear in another press release. Holdings of Treasury bills increased $46 million in Chicago, $40 million in New York City, $38 million in the Cleveland District, and a total of $169 million at all reporting member banks. Holdings of Treasury certificates of indebtedness increased $80 million and holdings of Treasury notes decreased $127 million, partly reflecting a net exchange of securities on February 15. Holdings of "other" securities increased $68 million. Demand deposits adjusted decreased $50 million in the Boston District, and $46 million in the Minneapolis District, but they increased $97 million in New York City; there was a net decrease of $132 million at all reporting member banks. Time deposits increased $62 million. Borrowings from Federal Reserve Banks increased $382 million and borrowings from others decreased $370 million. Loans to banks decreased $275 million, A summary of assets and liabilities of reporting member banks follows: Increase or decrease since Feb. 22, Feb. 13, 1956 1957 (in millions OJ dollars) Feb. 20, 1957* A S S E T S + + + Loans and investments adjusted 1/ Loans adjusted A / 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 85,070 51,749 29,917 436 U, S, Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U, S. bonds Other securities 25,809 1,426 823 4,917 18,643 7,512 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,136 13,595 985 2,431 — 56,291 22,562 1,696 10,150 1,540 741 745 - 1,678 1,153 8,767 10,813 - - + • — + + + - + + + - 242 37 100 4 16 2 15 30 + 998 +4,255 +4,210 - 128 + + 729 132 573 638 137 169 80 127 15 68 -2,586 + 478 + 210 -1,773 -1,501 - 671 275 476 55 10 + + + - 132 62 675 350 61 382 370 + 186 +1,110 - 662 + 182 + 54 + 196 + 58 39 580 13 25 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 1/ + + - + + - Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. * Preliminary (San Francisco District). ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, FEBRUARY 20, 1957 Re s e r v e D i s t r i c t F e d e r a 1 Total San * St. Minne- Kansas RichCleveNew PhilaAll * Boston Dallas Atlanta Chicago City Francisco apolis Louis mond land delphia York Districts (In millions of dollars) A S S E T S 11,570 2,699 1,431 3,338 3,739 16,901 3,326 6,076 3,415 85,070 3,844 25,518 3,213 Loans and investments adjusted 1/ 861 1,746 2,387 10,327 6,160 1,633 1,817 3,450 1,835 51,749 2,465 16,863 2,205 Loans adjusted l/ 4,227 850 921 l,46l 1,001 883 439 3,899 1,733 29,917 l,48l 11,855 1,167 Commercial and industrial loans 16 216 24 110 10 11 2 2 15 12 11 436 7 Agricultural loans Loans to "brokers and dealers for 4 30 23 187 91 27 36 1,065 45 113 25 1,678 32 purchasing or carrying securities Other loans for purchasing or carrying 8 26 144 24 183 72 49 145 47 38 21 396 1,153 securities 280 3,960 807 274 176 193 226 170 334 785 1,190 8,767 372 Real estate loans 410 1,206 469 1,919 232 576 734 570 585 2,724 783 10,813 605 Other loans 5,044 847 1,218 417 1,258 1,105 4,307 2,041 1,325 6,439 25,809 1,055 753 U. S. Government securities - total 238 121 11 63 2l4 28 47 69 84 1,426 77 97 377 Treasury bills 48 40 28 14 134 101 63 78 40 30 28 219 823 Treasury certificates of indebtedness 220 106 190 903 341 325 110 502 1,009 259 759 193 4,917 Treasury notes 804 286 3,769 3,256 552 772 1,341 745 4,834 18,643 959 750 575 U. S. bonds 247 1,530 1,103 219 334 291 153 255 2,216 585 324 255 7,512 Other securities 8.4.2(a) Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 1,136 13,595 985 2,431 2,433 10 544 65 90 107 598 4,695 229 167 1,139 22 509 49 91 95 48 983 91 157 101 22 537 79 171 76 36 482 51 267 73 33 1,910 120 275 138 .10 437 38 128 42 L I A B I L I T I E S 1,690 2,274 4,136 2,550 Demand deposits adjusted 7,351 : 56,291 2,979 17,888 2,393 586 3,261 1,810 718 Time deposits except U. S. Government 494 734 22,562 " 602 4,557 60 274 140 63 U. S. Government deposits 113 83 100 478 1,696 Interbank demand deposits: 1,615 721 655 412 433 Domestic banks 503 320 2,973 10,150 12 11 51 11 Foreign banks 5 1,224 23 29 1,540 Borrowings: 201 10 44 66 65 From Federal Reserve Banks 72 150 22 741 2 12 14 32 28 From others 441 3 23 745 160 52 Other liabilities 74 94 55 1,465 128 72 2,851 284 1,101 408 687 325 C A P I T A L A C C O U N T S 327 3,170 457 9,074 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. *Preliminary (San Fran. Dist.) 4 208 .14 65 26 29 543 41 333 56 11 553 46 443 180 313 2,194 162 244 400 847 308 36 2,4l6 602 75 2,595 9,172 8,012 213 318 5 828 4 848 524 147 37 19 35 143 21 6 41 347 18 35 142 584 1,385 878 61 18 23 91 440
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