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H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) June 12, 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 5: A decrease of $846 million in U. S. Government deposits, and an increase of $767 million in demand deposits credited to domestic banks. Commercial and industrial loans increased $35 million in New York City, $27 million in Chicago, $16 million in the San Francisco District, and a total of $89 million at all reporting member banks. Changes according to industry appear in another press release. All categories of securities decreased. Treasury bills decreased $27 million, Treasury certificates of indebtedness $20 million, Treasury notes $10 million, and U, S, Government bonds $31 million; holdings of "other" securities decreased $22 million. Demand deposits adjusted increased $171 million at all reporting member banks; the principal changes were an increase of $266 million in New York City and decreases of $73 million in the Chicago District outside of Chicago, $65 million in the Cleveland District, and $40 million each in the Kansas City and Dallas Districts. Time deposits increased $50 million, of which $24 million was in deposits of individuals, partnerships, and corporations in the San Francisco District. U. S. Government deposits decreased and demand deposits credited to domestic banks increased in all districts. Borrowings from Federal Reserve Banks decreased $322 million, and borrowings from others increased $260 million. Loans to banks increased $197 million, A summary of assets and liabilities of reporting member banks follows: A S S E T S Increase or June decrease since 5, June 6, May 29, 1957 1956 1957 * (In millions of dollars) Loans and investments adjusted 1/ 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 86,210 52,834 30,750 420 - 32 + 78 + 89 + 4 +1,484 +2,774 +3,252 53 1,767 1,163 8,649 11,134 + 2 + 7 - 12 - 10 — 663 - 110 + 141 + 402 U . S . Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 25,790 1,638 1,561 4,228 18,363 7,586 - - 929 +1,009 +1,044 -1,807 -1,175 - 361 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,424 13,113 924 2,358 +197 -255 - 18 +116 - 55,320 23,556 2,545 10,173 1,524 366 1,019 +171 + 50 —846 +767 - 12 -322 +260 - 321 +1,750 - 242 — 68 + 31 + 1 85 88 27 20 10 31 22 + 32 67 1 17 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 l/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross, *May 29 figures revjsed (San Francisco District). H.4.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, JUNE, 5, 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 St. Minne- Kansas Phila- Cleve- Rich- Atlanta Chicago New All Dallas Boston Francisco Louis apolis City mond delphia] land 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 1,234 2 6,235 3,584 1,852 2 3,440 1,854 881 8 3,349 1,860 1,018 9 11,678 6,494 4,109 11 2,642 1,574 787 13 1,474 906 473 17 3,298 1,743 909 90 3,929 2,386 1,437 23 17,095 10,506 4,399 222 1,123 49 122 42 39 197 27 5 32 21 84 4ll 1,154 2,713 6,776 888 280 881 4,727 2,078 36 200 796 752 35 63 84 570 249 143 778 750 2,049 97 137 476 1,339 602 1,273 156 119 171 827 270 18 569 43 430 156 66 3,921 1,972 4,960 113 386 757 3,704 1,629 33 975 85 147 105 26 7 282 176 428 242 412 1,212 68 8 65 25 302 94 285 777 156 343 l4 21 187 537 38 15 69 297 30 59 151 192 6o4 5 482 47 84 100 184 798 1,346 4,065 117 147 655 3,146 1,119 26 1,891 116 262 148 25 279 470 843 25 72 195 551 225 935 4,444 213 137 1,100 43 51 334 173 6o4 578 1,325 1,186 81 38 124 90 260 201 764 953 261 303 22 23 462 509 48 78 201 271 80 75 857 320 71 2,234 625 79 2,593 968 173 8,864 8,324 265 336 4 837 3 856 18 512 136 14 13 33 56 14 40 14 7 70 20 152 618 148 355 446 l,4io 86,210 52,834 30,750 420 3,819 25,994 3,257 1,538 11 12,113 12 1,767 26 1,163 8,649 11,134 20 362 631 25,790 937 12 53 152 720 351 65 522 62 78 109 1,638 1,561 4,228 18,363 7,586 1,424 13,H3 924 2,358 2,484 43 412 34 142 43 L I A B I L I T I E S 1,643 4,089 2,512 2,265 7,398 Demand deposits adjusted 2,938 17,619 2,308 55,320 Time deposits except U. S. Government 3,298 1,830 756 506 593 4,974 757 605 23,556 U. S. Government deposits 243 214 138 120 59 73 114 996 2,545 Interbank demand deposits: l,64l 674 676 463 421 2,944 497 316 Domestic banks 10,173 44 4 8 10 13 22 1,232 30 1,524 Foreign banks Borrowings: 66 16 45 22 5 24 53 31 366 From Federal Reserve Banks 4 10 22 81 133 89 451 43 1,019 From others 62 45 58 176 108 76 1,387 117 2,790 Other liabilities 289 1,122 332 698 352 4n 46l 3,196 9,220 C A P I T A L A C C O U N T S l7~Exclusive of 'loans"to banks and after deduction of valuation reserves; individual loan items are shown gross. 219 2,123 145 240 479
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