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H.4.2

BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYSTEM
(For Immediate Release)
May 28, 1958
CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

The condition statement of weekly reporting member banks in leading cities

iJ? r

Of $345 million in holdings of U. S. Government securities and |>486 million in u s .
Government deposits; and a decrease of $709 million in demand deposits credited to

Commercial and industrial loans decreased in most districts and a total of $168
million at all reporting member banks; the principal decreases were #55 million in
New York City, $50 million in Chicago, and $21 million in the Boston 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
$190 million, "Other" loans decreased $39 million.
Holdings of all categories of U.S. Government securities increased: Treasury
bills by $68 million, Treasury certificates of indebtedness $93 million, Treasury
notes $32 million, and U. S. Government bonds by $152 million.
r>. , . .
Demand deposits adjusted decreased $101 million in the San Francisco District
and $57 million in the Boston District, but they increased $59 million in the
Chicago District, $54 million in the New York District, and $45 million in the Kansas
City District; there was a net decrease of $35 million at all reporting member banks.
Time deposits increased $115 million of which $28 million was in the Dallas District,
Borrowings from other than Federal Reserve Banks increased $235 million. Loans
to banks increased $201 million,
A summary of assets and liabilities of reporting member banks follows:
Increase or
decrease since
May 22,
May 14,

May 21,

1958

mi

„ , vm-

(In millions of dollars)
A S S E T S

1/

+

190

+

361

4
26
39

+
+

146
136
30

-

1,302
8,800
11,091

+
+

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

30,856
1,887
1,318
7,180
20,471
8,918
1,561
12,879
964
2,683

+
+
+
+
+
+

2,067

+

+

91,803
52,029
29,455
473

-

+
+
-

+

6,177
897
1,451
51

18
366
168
3

Loans and investments adjusted
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

345
68
93
32
152
39
201
24
30
106

—

-

—

+
+
-

+
+
+
+

+

5,742
1,037
297
2,934
2,068
1,332
233
319
2
338

L I A B I L I T I E
35
Demand deposits adjusted
54,671
+
+
115
Time deposits except U.S. Government
27,634
+
+
486
U.S. Government deposits
4,060
+
709
Interbank demand deposits: Domestic banks
10,770
Foreign banks
1,518
50
16
Borrowings: From Federal Reserve Banks
40
From others
883
235
][7 Exclusive of loans to banks and after deduction of valuation reserves;
loan itms are shown gross.



480

4,278
1,547

1,022

108

495
75
individual

H.4.2(a)

ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, MAY 21, 1958
R e s e r v e
D i s t r i c t
F e d e r a 1
Total
St. Minne- Kansas
San
Cleve- Rich- Atlanta Chicago
PhilaNew
All
Dallas
Boston
Francisco
Louis apolis City
land
mond
delphia
York
Districts
(In millions of dollars)
A S S E T S
12,029 2,866 1,530 3,514 4,223 18,655
6,445
4,001 28,015 3,386
3,594 3,545
91,803
Loans and investments adjusted l/
6,072 1,593
1,892
2,428
2,121
1,914
879 1,853 2,532 10,500
3,452
52,029
16,793
Loans adjusted 1/
1,020
443
889
4,343
11,600
932 1,500
1,087
765
1,730
3,707
Commercial and industrial loans
1,439
29,455
12
12
125
10
1
2
29
239
12
15
9
Agricultural loans
473
7
Loans to brokers and dealers for
110
30
122
203
69
36
90
2,067
purchasing or carrying securities
59
31
5
1,279
33
Other loans for purchasing or carrying
8
180
101
126
238
30
14
51
431
51
35
1,302
securities
37
286
211
181
832
185
276
212
8,800
368
3,935
365
794
Real estate loans
1,155
444
238
602
469
627
634
1,249
628
1,953
762
2,742
743
11,091
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
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 P I T A L
A C C O U N T S

30,856
1,887
1,318
7,180
20,471
8,918
1,561
12,879
964
2,683
2,875

1,203
75
64
351
713
370
39
521
61
85
125

54,671
27,634
4,o6o

2,885
663
201

10,770
1,518

360
27

40
883
3,300
9,889

1
77
143
475

926
62
63
234
567
339
35
503
50
79
102

2,368
39
146
764
1,419
625
8
884
101
172
109

1,386
60
60
259
1,007
294
34
486
81
193
91

17,242 2,269
689
6,425
1,424
175

4,032
1,965
275

2,531 2 , 2 5 8
885
907
178
131

448
21

503
9

433
8

719
12

69
127

1
13
67
363

5
19
72
359

8,577
902
288
1,918
5,469
2,645
995
4,297
207
152
1,334

3,116
1,224
«•

437
1,619
3,513

1
53
77
422

739

1,325
79
78
300
868
328
24
468
54
306
85

1,024
28
47
289
660
249
5
4l4
35
156
44

1,306
74
66
337
829
355
10
531
42
378
64

1,391
80
92
281
938
3Q0
10
580
48
538
157

238
2,153
158
240
532

7,176 1,648
648
3,530
621
133

857
359
75

2,337
694
143

2,612
1,249
149

8,824
9,620
555

1,773
42

694
4

331
4

905
2

945
17

543
148

3
90
222
1,203

4
29
54
306

4
14
38
165

13
19
46
380

8
20
71
485

%f Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross.




6,107
290
249
1,244
4,324
2,048

485
17
20
120
328
166
8
187
15
71
36

4,758
181
145
1,083
3,349
1,199
155
1,855
112
313
196

--

43
764
1,479