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H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) July 3, 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 June 26: Decreases of $556 million in holdings of Treasury bills, #547 million in demand deposits adjusted, and $424 million in demand deposits credited to domestic banks, and an increase of $326 million in U. S. Government deposits. Commercial and industrial loans increased $65 million at all reporting member banks; the principal changes were increases of $45 million in the New York District and $28 million in the San Francisco District. 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 $114 million. "Other" loans increased $72 million, of which $56 million was in New York City, Holdings of Treasury bills decreased in all districts, partly reflecting the maturing of a special issue of tax anticipation bills. Holdings of Treasury certificates of indebtedness and of Treasury notes decreased $98 million and $82 million, respectively. Demand deposits adjusted decreased $222 million in New York City, $94 million in the Cleveland District, and $78 million in Chicago, but they increased $53 million in the Boston District. Time deposits increased $116 million, of which $83 million was in deposits of individuals, partnerships, and corporations in the San Francisco District. Borrowings from Federal Reserve Banks decreased $295 million, and borrowings from others increased $145 million. Loans to banks increased $169 million. A summary of assets and liabilities of reporting member banks follows: Increase or decrease since June 19, June 27, 1957 1956 (in millions of dollars) June 26, 1957 Loans and investments adjusted 1/ 86,972 Loans adjusted 1/ 54,454 Commercial and industrial loans 32,104 Agricultural loans 428 Loans to brokers and dealers for purchasing or carrying securities 1,855 Othel- loans for purchasing or carrying securities 1,172 8,668 Real estate loans 11,277 Other loans -698 + 20 + 65 + 4 +1,350 +3,310 +3,715 28 -114 + 2 - 7 + 72 + + U. S, Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U, S, bonds Other securities 24,917 985 1,429 4,151 18,352 7,601 -716 -556 — 98 - 82 + 20 - 2 -1,665 + 302 +1,071 -1,885 -1,153 - 295 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,224 13,350 1,026 2,409 +169 -155 + 49 — 48 + + - 525 99 62 378 235 67 23 202 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/ - 481 55,729 -547 +116 +1,593 23,607 +326 289 3,303 — 268 9,903 -424 + 81 + 206 1,674 + 272 615 -295 ' 262 +145 755 Exclusive of loans to banks and after deduction of valuation reserves j individual loan items are shown gross. ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES. JUKE 26, 1957 F e d e r a l R e serve Diet r let Total St. MinneRichClevePhilaNew All Atlanta Chicago Louis apolis Boston mond land delphia York Districts (In millions of dollars) AS S E T S 11,738 2,651 1,506 3,448 3,323 6,293 86,972 3,879 26,349 3,285 Loans and investments adjusted l/ 1,880 6,669 1,600 931 1,887 3,722 2,583 18,031 2,313 5M54 Loans adjusted l/ 810 489 4,293 1,025 894 1,975 1,580 12,865 1,279 32,104 Commercial and industrial loans 12 8 17 15 2 2 9 12 10 428 Agricultural loans Loans to brokers and dealers for 40 46 29 225 124 5 50 28 1,162 1,855 purchasing or carrying securities Other loans for purchasing or carrying 8 185 25 4l 50 143 422 36 20 1,172 securities 279 177 336 799 201 173 780 l,l6l 8,668 361 Real estate loans 249 469 1,306 617 806 594 761 641 2,795 11,277 Other loans 4i8 823 3,982 1,293 1,137 724 1,975 6,257 942 24,917 U_ 5. Government securities - total 40 17 56 9 63 20 83 4l6 15 985 "treasury bills 68 22 146 90 85 246 91 48 55 1,429 "Treasury certificates of indebtedness 649 192 93 190 239 82 469 866 148 4,151 ISeaswry notes 286 554 768 3,131 1,332 955 567 4,729 731 18,352 S. Bonds 228 1,087 268 157 306 248 596 2,061 354 7,601 OSher securities 48 38 21 13 7 4 786 9 1,224 70 Loans to banks 181 1,846 423 473 482 543 932 4,563 547 -Reserves with Federal Reserve Banks 13,350 17 127 37 83 53 52 234 97 1,026 65 Cash in vault 268 74 143 252 166 177 94 134 91 2,409 Balances with domestic banks 42 29 138 103 73 96 79 108 1,094 2,449 Other assets - net H.It.2(a) 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 FT T A L A C C O U N T S 55,729 23,607 3,303 3,004 9,903 1,674 615 755 2,611 9,233 32 117 463 332 1,347 3,192 T 4,947 292 780 816 106 383 755 3,703 1,671 343 282 14 537 46 312 10 589 49 468 152 204 2,234 2,620 985 122 8,938 8,446 379 60 166 230 475 48 16 56 331 99 64 172 1,121 9 11 45 40 26 32 148 77 3 40 357 21 5 29 143 57 33 55 350 766 4 289 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. http://fraser.stlouisfed.org/ Federal Reserve Bank I of St. Louis 1,215 94 129 176 553 140 122 39 95 700 407 1,204 66 66 11 71 51 72 26 605 66 3,923 1,996 887 19 630 16 438 150 194 819 417 7 20 26 284 304 4 472 9 2,920 1,385 85 630 406 329 29 760 28 1,536 44 115 508 33 2,266 155 157 4,858 17,263 10,645 4,508 225 874 323 63 2,230 1,095 607 163 3,902 2,405 1,446 25 1,650 595 101 2,517 2,321 3,335 1,788 940 91 7,266 3,303 544 4,038 1,837 288 18,005 Kansas San City Dallas Francisco 619 121 2 62 518 449 1,426
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