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H # 4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) January 9, 1957 CONDITION OF WEEKLY REPORTING MEMBER. BANKS TM LEADING CTTTRS The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended January 2: A decrease of $396 million in loans adjusted; increases of $393 million in balances with domestic banks and Si,287 million in demand deposits credited to domestic banks; and decreases of $537 million in demand deposits adjusted and $189 million in United States Government deposits. Commercial and industrial loans decreased $211 million in New York City, but only $169 million at all reporting member banks; they have decreased over the yearend in 16 of the past 18 years. Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying United States Government and other securities decreased $83 million. Holdings of Treasury bills increased $126 million in New York City and a total of $135 million at all reporting member banks. Holdings of Treasury certificates of indebtedness and of Treasury notes decreased $21 million and $19 million, respectively. Holdings of United States Government bonds increased $25 million. Demand deposits adjusted decreased $201 million in New York City, $137 million in the Atlanta District, $105 million in the Dallas District, and $84 million in the Chicago District, but they increased $125 million in the San Francisco District, Borrowings from Federal Reserve Banks decreased $210 million and borrowings from others decreased $100 million. Loans to banks increased $130 million. A summary of assets and liabilities of reporting member banks follows: Increase or Jan. decrease since 2, December 26, January 4, 1957* 1956 1956** A S S E T S (in million of dollars) Loans and investments adjusted l/ Loans adjusted i 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 2,131 1,208 8,842 11,067 U, S, Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S, bonds Other securities 26,774 2,071 703 5,214 18,786 7,484 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,410 13,600 1,135 3,156 87,639 53,381 30,679 456 _ — — — + — 286 396 169 9 83 6 10 * ™ + + — - + - + — - + 120 135 21 19 25 10 130 108 86 393 + 1,126 + 5,054 + 4,567 _ — «•» + + + - - — + + 105 709 89 707 863 3,183 536 163 1,742 1,814 745 91 316 74 388 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 ,v > > F r o m others XJ * ** 57,677 22,077 2,370 12,613 1,715 309 768 537 9 189 + 1,287 + 28 — 210 100 — - + + + + — - 707 438 66 910 229 35 328 Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. Preliminary (San Francisco District), December 26 figures revised (San Francisco District). r H.4.2(a) ASSETS AMD LIAB^ ITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, JANUARYS, 1957 F e d e r a l R e s e r v e D i s t r i c t Total San * Phila- Cleve- Rich- Atlanta Chicago St. Minne- Kansas Dallas New All* Boston! Francisco City apolis Louis land mond delphia York Districts (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 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds ^Other securities Loans to banks Reserves with Federal Reserve Banks Cash in vault ~Balances with domestic banks Other assets - net 87,639 53,381 30,679 456 3,927 2,510 1,517 26,588 17,423 11,977 2,131 27 1,208 22 10 17,220 10,549 4,393 222 240 28 5 26 29 84 185 812 1,312 4,4l4 265 47 812 3,290 1,089 25 277 486 1,237 92 35 329 781 345 148 202 583 1,166 98 62 202 804 242 74 3,988 1,938 892 74 13 244 561 223 15 176 240 444 33 12 110 289 151 26 287 418 1,349 86 36 269 958 265 50 168 590 1,219 86 46 331 756 300 5 552 91 209 76 13 516 57 308 74 59 1,973 l4l 322 132 14 466 43 189 42 5 243 16 77 26 5 550 43 421 55 1 6i4 51 647 198 329 2,147 200 341 408 892 299 60 2,368 587 89 2,596 856 107 9,794 7,788 289 362 5 1,021 5 1,213 18 588 151 20 25 30 144 22 19 37 343 11 40 110 432 2 57 584 1,392 l,4l6 58 137 37 44 426 1,209 2,760 43 226 798 50 336 582 26,774 2,071 703 5,214 18,786 7,484 1,103 98 44 182 779 314 7,028 876 223 1,069 4,860 2,137 770 40 32 128 570 266 1,410 61 509 78 114 907 4,472 253 189 1,059 5 568 57 132 94 6 990 105 207 103 101 3,872 2,464 1,519 24 3,392 1,873 1,042 11 377 613 2,368 3,417 1,835 986 116 3,503 1,889 908 7 144 784 747 2,041 76 75 542 1,348 592 1,135 3,156 1,470 875 437 17 6,179 3,546 1,793 2 8,842 11,067 13,600 11,960 2 , 8 1 3 6,457 1 , 6 9 8 4,021 894 20 14 3,298 2,262 1)192 1 12 L I A B I L I T I E S 7,486 1,677 2,558 2,234 3,079 18,323 2,474 4,196 Demand deposits adjusted 57,677 580 685 3,272 718 487 1,791 Time deposits except U» S. Government 589 4,425 22,077 386 120 73 165 77 97 816 91 V. S. Government deposits 2,370 Interbank demand deposits: 864 891 1,909 605 565 525 385 3,685 Domestic banks 12,613 10 13 49 12 5 23 32 1,392 Foreign banks 1,715 Borrowings: 113 27 58 34 1 12 9 From Federal Reserve Banks 309 125 60 27 7 39 40 252 768 77 From others $3 147 80 52 51 l,4io 71 121 2,746 Other liabilities 281 1,100 341 323 672 405 447 3,153 C A P I T A L ACC O U N T S 9,033 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross 5,111 247 78 996 3,790 1,560
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