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H,4,2 BOARD OF GOVERNORS OF liti FEDERAL RESERVE SYSTEM (For Immediate Release) May 8, 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 May 1: Increases of $382 million in loans adjusted, $467 million in U. S. Government deposits, and $416 million in borrowings from Federal Reserve Banks, and a decrease of $482 million in demand deposits adjusted. Commercial and industrial loans increased in all but one district and a total of $115 million at all reporting member banks; the principal increases were $43 million in New York City, $21 million in the San Francisco District and $20 million in Chicago* Changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying U, S, Government and other securities increased $271 million. Holdings of Treasury bills increased $91 million, of which $70 million was in New York City, Holdings of Treasury certificates of indebtedness and of "other" securities decreased $36 million and $31 million, respectively. Demand deposits adjusted decreased $112 million in New York City, $82 million in the San Francisco District, $58 million in the St. Louis District, $57 million in the Kansas City District, $53 million in the Boston District, and $52 million in the Atlanta District, but they increased $52 million in the New York District outside of New York City, Time deposits increased $46 million. Demand deposits credited to domestic banks increased $150 million. Borrowings from others decreased $217 million, and loans to banks decreased $176 million. A summary of assets and liabilities of reporting member banks follows: May 1, 1957 A S S E T S Increase or decrease since May 2, April 24, 1956 1957 (In millions of dollars) Loans and investments adjusted \ J 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 87,129 53,454 31,043 420 +413 +382 +115 - 1 +1,681 +3,501 +3,460 50 2,113 1,173 8,679 11,073 +271 - 1 - 11 + 11 + + U. S, Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S, bonds Other securities 26,034 1,125 1,311 5,140 18,458 7,641 + + — + - -1,323 + 372 + 723 -1,118 -1,300 - 497 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,041 13,736 897 2,497 -176 +217 - 99 +104 + + + 56,213 23,148 3,000 10,298 1,588 97 8 559 -482 + 46 +467 +150 + 38 +416 -217 + 317 +1,557 - 519 + 63 + 71 + 186 - 107 62 91 36 1 8 31 299 125 249 455 78 324 2 76 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 1/ Exclusive of loans to banks and after deduction of valuation reserves; indiitems are shown gross* vidual loan E.4.2(a) A S S E T S ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, M Y 1. 1957 R e s e r v e Di 9 t r let F e d e r a 1 Total St, Minne- Kansas San New Phila- Cleve-I| RichAll Chicago Atlanta Boston land j mond Louis apolis City Dallas Francisco delphia Districts York (In millions of dollars) 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 -Weasury notes 11. S- bonds Dther ^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 3,270 6,282 2,235 3,586 1,213 1,861 2 1 3,435 1,867 906 8 3,391 1,867 1,032 9 11,859 6,518 4,100 11 2,702 1,621 834 14 1,486 912 485 16 3,367 1,766 930 92 3,871 2,409 1,458 24 17,188 10,434 4,324 219 49 130 31 38 214 27 4 36 27 97 142 777 736 2,088 67 150 531 1,340 608 51 173 598 1,224 50 89 329 756 300 18 498 48 270 78 25 281 426 1,260 83 66 336 775 341 150 192 601 1,205 72 93 224 816 257 25 1,965 109 266 154 25 278 469 859 23 56 228 552 222 10 417 33 143 43 7 176 238 423 7 19 109 288 151 67 1,006 83 156 107 45 334 575 1,313 44 60 256 953 255 18 550 75 186 79 185 800 1,359 4,202 126 108 775 3,193 1,139 633 4,733 201 196 1,096 36 202 795 787 29 61 124 573 248 8 528 46 88 103 7 205 14 67 30 9 525 39 334 60 5 593 43 438 161 69 3,942 1,941 5,157 166 251 1,017 3,723 1,597 174 2,212 146 263 497 2,976 609 133 17,903 4,806 1,003 2,402 496 138 4,245 1,819 209 2,545 748 142 2,286 749 102 7,329 3,265 500 1,636 588 102 832 316 61 2,310 623 111 2,627 949 125 9,122 8,180 374 10,298 1,588 332 32 3,111 1,264 449 23 506 10 448 10 706 13 1,572 46 666 5 336 4 857 2 842 19 473 160 978 559 2,853 24 11 118 460 259 270 1,460 32 19 75 409 80 41 96 22 28 52 348 54 7 57 329 322 64 168 9 10 45 287 67 15 31 147 40 1 38 18 18 70 443 51 75 643 1,402 87,129 53,454 31,043 420 3,866 2,515 1,523 12 26,412 17,724 12,377 12 2,113 26 1,434 1,173 8,679 11,073 26,034 1,125 1,311 5,140 18,458 7,641 1,041 13,736 897 2,497 2,516 20 366 625 988 31 58 167 732 363 4l8 1,158 2,710 6,528 427 300 1,044 4,757 2,l6o 67 504 60 90 108 56,213 23,148 3,000 9,179 3,195 695 1,112 l/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. 352
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