The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS C$ fe FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) January £>, 1958 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The condition statement of weekly reporting member banks in leading c i t i e s shows the following principal changes for the week ended January 15; Decreases of $537 million in loans adjusted, $142 million in holdings of U.S. Government securities, $522 million in U.S. Government deposits, and $491 million in borrowings from Federal Reserve Banks, and increases of $176 million in demand deposits adjusted and $154 million in demand deposits credited t o domestic banks. „ .^Commercial and industrial loans decreased in a l l but"one d i s t r i c t and a total of #287 million at a l l reporting member banks; the principal decreases were $104 million in the New York D i s t r i c t , $49 million in the San Francisco D i s t r i c t , $41 million m the Cleveland D i s t r i c t , and $55 million in the Chicago D i s t r i c t . diSfS! E ° l n d u s t r y a ? P e a r i n another press release. Loans to brokers and 8207 m i l f i L nrifh11# ^ C a r f y i n g u « s - Government and other securities decreased $207 million. "Other" loans decreased $33 minion, 1 SiFEJ-'"s -"™." iEiBlPBSiiSSiiL ™i b o m w i n g s ° t h e r ^ A summary of assets and l i a b i l i t i e s of reporting member banks follows: Increase or decrease since van. 8, Jan; 16, 194? (In millions of dollars) ASSETS Loans and investments adjusted JL/ 87,018 + 726 515 Loans adjusted 1 / 53,211 + 537 956 Commercial and industrial loans 30,925 287 782 Agricultural loans 436 3 16 Loans t o brokers and dealers for purchasing or carrying securities 1,815 207 70 Other loans for purchasing or carrying securities 1,105 3 85 Real estate loans 8,747 3 84 Other loans 11,316 33 413 U.S. Government securities ~ t o t a l 25,945 142 878 Treasury b i l l s 1,485 96 813 Treasury c e r t i f i c a t e s of indebtedness 1,714 20 1,008 Treasury notes 4,711 75 430 U.S. bonds 18,035 49 643 Other securities 7,862 47 437 Loans t o banks 1,373 23 80 Reserveswith Federal Reserve Banks 13,635 123 48 Cash in vault 1,028 49 28 Balances with domestic banks 2,633 213 12 , L I A B I L I T I E S n Demand deposits adjusted 56 532 + 176 1,991 Time deposits except U.S. Government 24*500 + 186 2,172 U.S» Government deposits 522 154 Interbank demand deposits; Domestic banks 11 465 + 154 136 Foreign banks 1,584 93 17 Borrowings; From Federal Reserve Banks 128 491 51 From others 697 57 181 A / E x c l u s i v e o f loans to banks and after deduction of valuation reserves^ individual loan items are shown gross. H.i2(a) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES. JANUARY 15, 1958 Total F e d e r a 1 R e s e r v e Di s t r i c t New All P h i l a - Cleve- RichSt. Minne- Kansas San D i s t r i c t s Boston York delphia land mond Atlanta Chicago Louis apolis City Dallas Francisco ASSETS (In millions of d o l l a r s ) Loans and investments adjusted l / 87,018 6,295 3,4l6 11,655 2,773 1,449 3,387 3,927 17,715 3,189 3,859 25,841 3,512 Loans a d j u s t e d l / 2,162 6,447 1,655 53,211 2,490 16,909 3,625 1,931 1,952 872 1,897 2,496 10,775 Commercial and i n d u s t r i a l loans 898 860 1,049 1,877 428 1,479 12,081 1,149 30,925 4,037 978 1,504 4,585 A g r i c u l t u r a l loans 10 12 10 436 1 2 11 14 16 116 26 7 211 Loans to brokers and dealers f o r purchasing or carrying s e c u r i t i e s 26 6l 1,002 1,815 211 28 38 51 6 133 72 17 170 Other loans f o r purchasing or carrying securities 20 1,105 123 25 390 52 15 168 177 37 62 27 9 Real e s t a t e loans 368 1,167 203 348 183 182 288 8,747 790 825 279 196 3,918 Other loans 801 649 481 615 11,316 656 246 2,677 763 1,354 443 630 2,001 6,626 2,068 U. S. Government s e c u r i t i e s - t o t a l 1,170 1,043 4,154 891 1,293 25,945 752 433 l . l 6 l 1,164 5,190 80 84 106 1,485 87 583 31 56 58 Treasury b i l l s 23 244 76 57 88 60 118 l8l 301 1,714 107 26 87 Treasury c e r t i f i c a t e s of indebtedness 56 101 72 517 1,102 266 187 4,711 117 190 717 283 197 92 579 Treasury notes 190 791 4,640 1,284 702 516 18,035 741 3,150 587 292 939 U. S. bonds 749 3,638 797 602 288 7,862 326 2,306 294 1,054 144 227 275 267 Other s e c u r i t i e s 329 1,750 26 18 810 40 52 13 30 Loans to banks 56 1,373 15 38 30 245 489 1,960 200 506 930 Reserves with Federal Reserve Banks 529 454 13,635 531 4,569 614 2,287 566 66 1,028 225 105 85 125 Cash in v a u l t 51 15 43 55 50 35 173 176 89 168 2,633 170 328 Balances with domestic banks 360 95 279 157 497 79 235 84 118 1,278 2,786 103 156 62 Other a s s e t s - net 47 32 189 99 79 539 L I A B I L I T I E S Demand deposits adjusted 4,185 860 2,418 2,633 2,383 2,972 17,702 2,598 2,263 7,456 1,696 56,532 9,366 6l4 Time deposits except U. S. Government 528 24,500 1,885 5,045 798 790 627 1,014 3,370 8,895 339 595 16 40 64 30 U. S. Government deposits 36 45 127 976 332 73 43 132 38 Interbank demand deposits: Domestic banks 868 804 3,226 542 526 11,465 473 1,751 376 562 945 1,013 379 Foreign banks 10 20 1,282 4 11 2 1,584 29 45 150 9 17 5 Borrowings: From Federal Reserve Banks 6 4 128 34 11 43 11 7 5 7 From others 108 4 82 26 11 20 362 2 6 12 697 7 57 Other l i a b i l i t i e s 106 41 63 1,5U 65 2,947 193 36 135 96 73 573 55 1,164 412 718 CAPITAL ACCOUNTS 341 9,644 474 3,434 298 152 367 1,452 473 359 W «• — — 1/ Exclusive of loans to banks and. a f t e r deduction of valuation reserves; individual loan items are shown gross. w —
@FedFRASER