The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) July 17, 1957 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 July 10: Decreases of $310 million in loans adjusted, $321 million in holdings of Treasury bills, and $1,186 million in U. S, Government deposits, and an increase of $443 million in demand deposits adjusted. Commercial and industrial loans decreased $122 million, of which $103 million was 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 $138 million in New York City, $31 million in Chicago, and a total of $182 million at all reporting member banks. The decreases in the holdings of Treasury bills were largely in the New York and Chicago Districts, Holdings of U, S, Government bonds increased $28 million in the San Francisco District, $22 million in the Dallas District, and they decreased $18 million in the Atlanta District; the net increase at all reporting member banks was $44 million. Demand deposits adjusted increased $169 million in the Chicago District, $65 million in the Cleveland District, and $63 million in the Kansas City District, but they decreased $89 million in the New York District. U. S. Government deposits decreased in all districts. Borrowings from Federal Reserve Banks decreased $178 million and borrowings from others decreased $74 million. Loans to banks decreased $10 million. A summary of assets and liabilities of reporting member banks follows; July 10, 1957 A S S E T S Increase or decrease since July 11, July 3, 19S6 1957 * (in millions of dollars) Loans and investments adjusted 2/ 87,581 Loans adjusted ]J 53,972 Commercial and industrial loans 31,755 Agricultural loans 431 Loans to brokers and dealers for purchasing or carrying securities 1,710 Other loans for purchasing or carrying securities 1,162 Real estate loans 8,645 Other loans 11,324 - 623 310 122 2 +2,449 +3,050 +3,480 28 + 182 22 4 21 + + U. S, Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U, S. bonds Other securities 26,020 2,013 1,455 4,236 18,316 7,589 + + - 290 321 20 7 44 23 - 329 +1,430 +1,110 -1,753 -1,116 - 272 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,089 13,351 1,026 2,359 • - 10 225 127 104 + + - 54,750 23,568 4,003 10,664 1,662 792 544 + 443 + 8 -1,186 + 88 + 21 - 178 74 625 108 26 497 237 64 1 200 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 - 596 +1,652 +1,346 - 530 + 171 + 266 - 513 1/ Exclusive of loans to banks and after deduction of valuation reserves:j individual loan items are shown gross. * July 3 figures revised. H.4 2(a) A S S E T S ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, JULY 10, 1957 R e s e r v e D i s t r i c t 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 Districts Boston York (In millions of dollars) 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 87,581 53,972 31,755 431 3,915 2,581 1,571 10 26,262 17,634 12,594 12 3,332 2,301 1,270 2 6,357 3,689 1,951 2 3,486 1,887 888 8 3,408 1,891 1,025 9 11,743 6,645 4,269 12 2,748 1,603 815 16 1,531 934 495 17 3,366 1,794 951 90 4,042 2,415 1,453 23 17,391 10,598 4,473 230 1,710 25 1,066 47 110 44 4l 195 28 6 33 33 82 1,162 8,645 11,324 22 361 650 418 1,155 2,775 36 198 809 780 766 144 42 337 600 47 172 631 25 277 468 8 176 246 26 283 435 146 193 610 64 3,915 1,995 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. Bonds Other securities 26,020 982 80 43 131 728 352 6,533 598 234 976 4,725 2,095 778 83 42 84 569 253 2,076 184 90 472 1,330 592 1,335 98 91 190 956 264 445 47 22 91 1,076 918 118 54 194 552 227 638 1,085 7 509 51 88 96 13 958 95 148 102 22 503 84 183 79 24 1,892 127 237 139 27 428 37 153 4l 152 10 203 16 76 29 1,237 103 62 298 774 335 28 551 45 309 62 1,348 2l6 121 170 841 279 21 6l0 49 434 149 5,129 215 460 764 3,690 1,664 4,534 231 129 1,217 115 95 240 767 300 26 482 56 272 73 184 798 1,339 4,022 156 l4l 626 3,099 246 2,119 168 235 459 17,256 4,800 1,417 2,310 514 176 4,023 1,836 313 2,506 763 138 2,230 771 143 7,190 3,302 556 1,657 595 147 870 325 108 2,234 619 127 2,605 990 249 8,942 8,442 426 3,016 1,345 438 21 507 10 480 20 752 11 1,651 43 686 4 356 4 921 2 908 18 589 154 163 139 6 69 410 171 16 98 699 25 21 55 349 23 1 54 332 91 45 l6l 1,123 6 3 46 18 5 32 147 60 2 40 356 32 0 55 448 29 121 493 1,422 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 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 C A P I T A L A C C O U N T S 2,013 1,455 4,236 18,316 7,589 1,089 13,351 1,026 2,359 2,421 27 562 67 95 107 54,750 23,568 4,003 2,927 10,664 1,662 360 792 544 2,600 9,244 35 29 116 462 611 203 30 295 1,381 3,206 290 1/ Exclusive of loans to banks and after deduction of valuation reserves j individual loan items are shown gross. 285
@FedFRASER