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) May 15* 1957 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The c o n d i t i o n statement of weekly r e p o r t i n g member banks i n l e a d i n g c i t i e s shows t h e f o l l o w i n g p r i n c i p a l changes f o r t h e week ended May 8 : Decreases of $466 m i l l i o n i n l o a n s a d j u s t e d , $482 m i l l i o n i n h o l d i n g s of U. S. Government s e c u r i t i e s , $347 m i l l i o n i n r e s e r v e b a l a n c e s with F e d e r a l Reserve Banks, $940 m i l l i o n i n demand d e p o s i t s a d j u s t e d , and $240 m i l l i o n i n U, S, Government d e posits. Commercial and i n d u s t r i a l l o a n s decreased i n most d i s t r i c t s and a t o t a l of $109 m i l l i o n a t a l l r e p o r t i n g member banks; t h e p r i n c i p a l changes were d e c r e a s e s of $71 m i l l i o n i n New York C i t y and $27 m i l l i o n i n Chicago, and an i n c r e a s e of $16 m i l l i o n i n t h e San F r a n c i s c o D i s t r i c t . Changes a c c o r d i n g t o i n d u s t r y appear i n another p r e s s r e l e a s e * Loans t o b r o k e r s and d e a l e r s f o r purchasing or c a r r y i n g U, S. Government and o t h e r s e c u r i t i e s decreased $351 m i l l i o n . Holdings of Treasury b i l l s decreased $109 m i l l i o n i n New York C i t y , $49 m i l l i o n i n t h e Chicago D i s t r i c t , and a t o t a l of $245 m i l l i o n a t a l l r e p o r t i n g member banks. Holdings of Treasury n o t e s decreased $210 m i l l i o n , of which $72 m i l l i o n was i n t h e San F r a n c i s c o D i s t r i c t . Holdings of " o t h e r " s e c u r i t i e s decreased $94 m i l l i o n . Demand d e p o s i t s a d j u s t e d decreased $451 m i l l i o n i n New York C i t y , $114 m i l l i o n i n t h e Cleveland D i s t r i c t , $108 m i l l i o n i n t h e San F r a n c i s c o D i s t r i c t , $65 m i l l i o n i n t h e Kansas City D i s t r i c t , and $55 m i l l i o n i n t h e Boston D i s t r i c t , Time d e p o s i t s i n c r e a s e d $65 m i l l i o n , of which $25 m i l l i o n was i n d e p o s i t s of i n d i v i d u a l s , p a r t n e r s h i p s , and c o r p o r a t i o n s i n t h e San F r a n c i s c o D i s t r i c t . Demand d e p o s i t s c r e d i t e d t o domestic banks decreased $142 m i l l i o n . Borrowings from F e d e r a l Reserve Banks decreased $344 m i l l i o n and borrowings from o t h e r s i n c r e a s e d $323 m i l l i o n . Loans t o banks i n c r e a s e d $205 m i l l i o n . A summary of a s s e t s and l i a b i l i t i e s of r e p o r t i n g member banks f o l l o w s : I n c r e a s e or May decrease since 8, May 9, May 1 , 1957 1957 1956 . ( I n m i l l i o n s of d o l l a r s ) ASSETS +1,200 86,087 -1,042 Loans and investments a d j u s t e d 1 / +3,046 - 466 52,988 Loans a d j u s t e d ~\J +3,363 - 109* 30,921 Commercial and i n d u s t r i a l l o a n s 56 Agricultural loans 417 3 Loans t o b r o k e r s and d e a l e r s f o r — 616 1,762 - 351 purchasing or c a r r y i n g s e c u r i t i e s 6 - 114 1,167 Other l o a n s f o r purchasing or c a r r y i n g s e c u r i t i e s + 208 8,665 14 Real e s t a t e l o a n s + 17* + 451 11,103 Other l o a n s U. S. Government s e c u r i t i e s - t o t a l Treasury b i l l s Treasury c e r t i f i c a t e s of indebtedness Treasury n o t e s U. S. bonds Other s e c u r i t i e s Loans t o banks Reserves with F e d e r a l Reserve Banks Cash i n v a u l t Balances with domestic banks 25,552 880 1,302 4,930 18,440 7,547 1,246 13,389 944 2,350 — 482 — 245 9 - 210 — 18 94 + 205 - 347 + 47 - 147 -1,387 + 308 + 734 -1,195 -1,234 - 459 + 190 + 45 4 + 56 55,273 23,213 2,760 10,156 1,587 634 882 + - - 286 +1,614 - 414 + 92 + 68 - 218 + 210 L I A B I L I T I E S Demand d e p o s i t s a d j u s t e d Time d e p o s i t s except U. S. Government U, S. Government d e p o s i t s I n t e r b a n k demand d e p o s i t s ; Domestic banks Foreign banks Borrowings: From F e d e r a l Reserve Banks From o t h e r s 1/ 940 65 240 142 1 - 344 + 323 Exclusive of l o a n s t o banks and a f t e r d e d u c t i o n of v a l u a t i o n r e s e r v e s ; i n d i v i d u a l loan, i t e m s a r e shown g r o s s . * May 1 , f i g u r e s r e v i s e d (San F r a n c i s c o D i s t r i c t ) , H.4.2(a) ASSETS ASSETS AND LIABILITIES G WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES', M T 8y 1957 e s e r v e s t i_C—t. f e d e r a l Total San S t . Minne- Kansas P h i l a - Cleve- Ricbr A t l a n t a Chicago New All D a l l a s Francisco Boston York a p o l i s C i t y Louis mond land delphia Districts ( I n m i l l i o n s of d o l l a r s ) Loans and investments a d j u s t e d l / Loans a d j u s t e d 1 / Commercial and i n d u s t r i a l loans A g r i c u l t u r a l loans Loans t o b r o k e r s and d e a l e r s f o r purchasing or c a r r y i n g s e c u r i t i e s Other loans f o r purchasing or c a r r y i n g securities Real e s t a t e loans Other l o a n s U. S. Government s e c u r i t i e s - t o t a l Treasury b i l l s Treasury c e r t i f i c a t e s of indebtedness Treasury n o t e s U. S. bonds Other s e c u r i t i e s Loans t o banks Reserves w i t h F e d e r a l Reserve Banks Cash i n v a u l t Balances with domestic banks Other a s s e t s - n e t L I A B I L I T I E S Demand d e p o s i t s a d j u s t e d Time d e p o s i t s except U. S. Government U. S. Government d e p o s i t s I n t e r b a n k demand d e p o s i t s : Domestic banks Foreign backs Borrowings: From F e d e r a l Reserve Banks From o t h e r s Other l i a b i l i t i e s CAPITAL ACCOUNTS 1 / Exclusive of loans t o banks and a f t e r 86,087 52,988 30,921 417 3,804 2,521 1,524 12 25,734 17,317 12,311 12 3,248 2,244 1,218 2 6,240 3,581 1,762 29 1,097 1,167 8,665 19 367 627 947 9 49 157 732 356 45 574 4i6 1,157 2,709 6,340 329 11,103 25,552 880 1,302 4,930 18,440 7,547 1,246 13,389 944 2,350 2,513 61 84 106 2 3,446 1,868 904 8 3,373 1,855 1,025 9 11,758 6,476 4,068 11 2,692 1,613 826 13 1,478 908 479 16 3,336 1,764 929 92 3,832 2,399 1,454 22 17,126 10,442 4,327 2l8 48 129 32 38 204 29 5 34 23 94 142 776 739 2,054 48 150 509 1,347 45 334 577 1,322 54 63 51 172 594 183 25 277 469 26 280 427 1,232 605 256 25 951 86 27 106 304 756 301 24 7 175 240 421 11 1,014 4,728 2,077 729 4,611 213 137 1,121 36 202 799 758 11 56 116 575 246 19 505 48 79 101 67 3,936 1,958 5,082 148 272 945 3,717 1,602 255 525 498 150 192 600 1,177 69 53 63 95 328 213 816 772 340 256 26 43 549 517 42 45 460 297 162 58 2,385 499 125 269 1,856 252 953 1,217 51 82 4,131 1,820 193 2,542 748 127 2,288 753 91 7, 223 3, 269 138 106 121 17,421 4,825 926 10,156 317 32 2,982 1,283 419 24 506 10 460 9 704 14 94 27 37 75 409 53 38 98 27 1,587 634 882 2,835 9,189 32 87 117 460 366 1,450 3,198 f trial liet-M rxn tn»f 116 51 263 76 2,921 607 1,900 79 179 55,273 23,213 2,760 797 1,364 4,146 77 108 756 3,205 1,136 22 18 268 153 856 20 56 228 552 223 23 403 36 145 43 15 108 287 149 8 187 14 68 32 2,245 624 99 2,613 332 4 861 850 11 5 51 24 24 33 287 147 53 1 38 353 1,636 854 589 94 317 52 1,550 46 665 4 42 228 6 162 169 1,114 58 57 330 349 697 inAividujal loan items ; 456 2 955 113 19 8 18 71 444 2,169 153 232 473 9,014 8,207 363 510 140 35 120 618 1,401
@FedFRASER