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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) March 5, 1958 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 February 26: Decreases of $141 million in loans adjusted and $176 million in balances with domestic banks; increases of $404 million in holdings of U. S. Government securities and #164 million each in time deposits and U, S. Government deposits; and a decrease of $290 million in demand deposits credited to domestic banks. Commercial and industrial loans decreased $7 million at all reporting member banks; the principal changes were decreases of $28 million in the San Francisco District and $25 million in the Chicago District, and increases of $42 million in New York City and $25 million in the Dallas 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 $86 million. "Other" loans decreased $65 million of which $26 million was in New York City. Holdings of U, S. Government securities increased in all categories: Treasury bills $298 million, Treasury certificates of indebtedness $43 million, Treasury notes $26 million, and U. S. Government bonds $37 million. Holdings of "other" securities increased $71 million. Demand deposits adjusted increased $132 million in New York City, $53 million in the Chicago District, and $43 million in the Dallas District, but they decreased $66 million in the San Francisco District; there was a net increase of $61 million at all reporting member banks. Time deposits increased $85 million in New York City. Borrowings from Federal Reserve Banks increased $11 million and borrowings from others decreased $55 million. Loans to banks increased $10 million. A summary of assets and liabilities of reporting member banks follows: Increase or decrease since Feb, 19, Feb. 27, 1957 (in millions of dollars) ASSETS Loans and investments adjusted 1/ Loans adjusted 1/ 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 87,361 52,281 30,006 442 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,443 13,469 1,012 2,518 1,882 + — + — 1,178 8,742 11,170 — 26,856 1,552 1,119 4,847 19,338 8,224 + + + + + + + + + - + - 334 141 7 4 + + + — 2,323 502 135 1 86 + 122 7 5 65 + — 30 20 357 404 298 43 26 37 71 10 93 60 176 + + + + - + + + + - + 1,133 91 373 31 700 688 46 110 2 154 L I A B I L I T I E S Demand deposits adjusted 61 1,427 54,943 + + 3,147 + Time deposits except U. S. Government 164 25,768 + U. S. Government deposits 708 164 2,440 + + Interbank demand deposits: Domestic banks 10,203 290 212 Foreign banks 36 1,503 + 24 Borrowings: From Federal Reserve Banks 11 225 79 + From others 807 294 55 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 of St. Louis ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, FEBRUARY 26, 1958 Federal Reserve District Total St. MinneRichClevePhilaNew All Atlanta Chicago Boston apolis Louis mond delphia land York Districts (In millions of dollars) ASSETS 87,361 3,839 26,523 3,152 6,245 3,461 3,371 11,629 2,706 1,443 Loans and investments adjusted 1/ 864 52,281 2,434 17,093 2,102 3,509 1,889 1,867 6,123 1,570 Loans adjusted 1/ 802 427 998 3,820 877 30,006 1,454 11,964 1,096 1,801 Commercial and industrial loans 16 10 12 2 1 12 13 442 7 9 Agricultural loans Loans to brokers and dealers for 8 20 41 31 1,882 115 177 32 1,190 39 purchasing or carrying securities Other loans for purchasing or carrying 6 24 28 412 43 52 12 125 197 1,178 securities 827 278 185 207 362 1,169 351 177 787 8,742 Real estate loans 460 634 1,258 605 237 623 2,769 743 798 11,170 Other loans 912 433 26,856 1,059 6,859 754 2,123 1,278 1,206 4,4o8 U. S. Government securities - total 82 48 11 61 51 237 15 58 550 1,552 Treasury bills 21 111 43 89 221 52 70 70 95 1,119 Treasury certificates of indebtedness 186 87 247 121 196 719 231 1,116 574 4,847 Treasury notes 314 632 982 788 3,341 548 1,393 700 4,972 19,338 U, S. bonds 224 146 298 1,098 294 613 296 6,224 346 2,571 Other securities 20 38 816 40 23 54 3 13 1,443 17 Loans to banks 209 429 470 1,983 546 489 921 511 4,6l6 Reserves with Federal Reserve Banks 13,469 122 36 83 15 54 107 64 1,012 219 54 Cash in vault 146 80 302 272 71 154 175 98 171 2,518 Balances with domestic banks 84 164 44 32 105 85 98 1,432 125 2,981 Other assets - net H. 4.2(a) L I A B I L I T I E S Demand deposits adjusted 54,943 2,898 17,450 2,302 4,013 2,535 2,265 7,171 1,627 826 611 833 3,406 630 5,801 550 1,907 25,768 Time deposits except U. S. Government 116 465 78 198 74 2,440 124 115 716 U. S. Government deposits Interbank demand deposits: 691 418 714 l,6ll 474 433 10,203 334 3,015 Domestic banks 4 46 12 22 1,210 29 9 7 Foreign banks 1,503 Borrowings: 8 32 — ~ 1 1 9 5 From Federal Reserve Banka 79 18 110 5 16 13 93 394 807 5 From others 210 56 69 70 119 76 144 1,729 Other liabilities 3,311 301 4l6 363 347 1,173 723 478 3,462 9,730 CAPITAL A C C O U N T S 1/ Exclusive of loans to banks and after deduction of valuation reservesindividual loan items are shown gross. Kansas San Dallas City Francisco 3,335 3,920 17,737 1,826 2,513 10,491 941 1,503 4,323 26 114 220 56 23 150 36 286 420 168 202 636 75 3,911 1,987 1,191 1,136 54 73 66 69 190 273 826 776 318 271 40 35 521 573 44 49 482 351 6l 192 5,497 312 212 907 4,066 1,749 344 2,201 165 216 559 853 2,345 2,637 648 1,055 345 80 82 4l 8,847 9,156 351 321 4 842 2 869 15 481 143 4 14 37 154 12 3 46 372 5 6 105 479 2 130 650 1,462
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