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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) May 27, 1959 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 May 20: Decreases of $703 million in holdings of U. S. Government securities, $4$4 million in U. S. Government deposits, and $322 million in demand deposits credited to domestic banks. Commercial and industrial loans increased $63 million in the San Francisco District, $10 million in the Chicago District, and a total of $86 million at all reporting member banks. 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 $71 million. "Other" loans increased $71 million. Holdings of U. S. Government securities decreased in all categories: Treasury bills by $443 million, Treasury certificates of indebtedness $126 million, Treasury notes $83 million, and U. S. Government bonds by $51 million. Holdings of "other" securities increased $52 million. Demand deposits adjusted increased $38 million at all reporting member banks; the principal changes were increases of $92 million in New York City and $66 million in the Chicago District outside of Chicago, and a decrease of $89 million in the San Francisco District. Borrowings of weekly reporting member banks from Federal Reserve Banks decreased $260 million and borrowings from others increased $12 million. Loans to banks increased $l6l million. Increase or decrease since May 21, May 13, 1958 1959 (In mil]Lions of dollars) May 20, 1959 A S S E T S 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 613 + + + 528 123 86 1 2,163 - + + + 94,856 56,501 31,061 1,382 10,066 12,456 +3,053 +4,472 +1,683 + 140 71 + 96 6 28 71 + 80 +1,266 +1,288 -1,884 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 17,492 9,383 703 443 126 83 51 + 52 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,819 12,4o6 993 2,506 + 161 - 500 39 + 70 + 258 - 473 - 177 56,222 28,501 + - +1,551 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: Fran Federal Reserve Banks From others 1/ Exclusive of loans to banks and after deduction of loan items are shown gross. 28,972 2,467 2,305 - 6,708 3,999 • 38 5 494 322 92 + 580 + 987 - 472 -2,979 + 465 + 29 + 867 61 - 474 10,296 8 + 1,510 - 260 + 172 212 + + 413 12 1,296 valuation reserves; individual Total All Boston New York Districts 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 94,856 56,501 31,061 613 4,054 28,301 2,592 17,569 1,521 11,467 8 13 Reserve D i s t r let F e d e r a 1 San St. Minne- Kansas Dallas Phila- Cleve- Rich- Atlanta Chicago Francisco City apolis Louis land mond delphia 3,516 2,318 1,240 1 6,515 3,751 3,807 12,322 6,479 3,685 2,096 2,151 3,888 1,790 974 1,123 21 10 7 3 2,830 l,6o4 3,695 4,523 19,938 1,656 981 2,119 2,805 12,050 500 1,096 1,704 4,939 819 20 176 36 305 13 2,163 23 1,599 34 107 30 29 192 32 5 26 16 70 1,382 10,066 12,456 19 399 684 465 1,393 3,079 57 244 817 189 842 825 47 411 666 65 228 735 218 934 l,4o4 22 279 518 10 198 264 4l 315 499 183 224 691 66 4,599 2,274 28,972 2,467 2,305 6,708 17,492 9,383 1,819 12,406 993 2,506 2,873 1,047 28 107 296 616 415 60 511 61 87 128 7,735 1,110 477 2,049 4,099 2,997 1,102 4,051 212 172 1,262 891 58 127 213 493 307 31 464 52 81 108 2,186 1,344 1,327 60 125 327 184 131 85 246 273 585 926 1,143 772 644 311 329 40 38 34 480 485 851 107 78 57 148 297 147 85 109 97 4,553 365 317 1,046 2,825 1,290 105 1,766 113 315 209 912 46 72 261 533 262 38 353 36 159 42 464 1,223 1,363 88 116 10 147 98 23 264 263 130 301 913 697 355 159 353 12 15 3 489 556 177 16 49 43 477 67 337 166 88 42 5,927 134 537 1,082 4,174 1,961 341 2,223 169 219 537 L I A B I L I T I E S 7,117 1,654 2,345 3,958 2,572 2,446 56,222 2,950 17,493 Demand deposits adjusted 661 948 3,623 1,982 879 665 672 28,501 6,533 Time deposits except U. S. Government 106 118 678 169 207 327 174 1,418 U, S. Government deposits 3,999 Interbank demand deposits: 1,666 643 429 428 500 719 364 3,019 10,296 Domestic banks 4 10 50 13 1,212 25 9 1,510 31 Foreign banks Borrowings: 23 3 8 32 15 34 212 13 From Federal Reserve Banks 14 180 76 66 71 33 340 99 1,296 From others 51 234 81 70 67 98 1,429 135 3,071 Other liabilities 322 1,259 430 781 392 3,622 376 496 10,346 C A P I T A L A C C O U N T S / Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross 896 381 71 9,664 2,380 2,747 10,l4l 1,276 740 44o 128 163 299 4 842 2 889 16 498 134 20 22 38 45 70 51 9 85 69 10 240 748 178 409 529 1,552
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