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) November 6, 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 October 30: Increases of #272 million in holdings of securities other than U. S, Government and $422 million in demand deposits adjusted, and a decrease of $200 million in demand deposits credited to domestic banks. Commercial and industrial loans decreased $42 million at all reporting member banks; the principal changes were decreases of $28 million in Chicago, $10 million in the New York District, and $9 million in the Philadelphia District, and an increase of $15 million in the San Francisco 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 increased $53 million, "Other" loans increased $26 million. Holdings of "other" securities increased in all but one district, largely reflecting purchases of the new issue of notes of the Federal National Mortgage Association. Holdings of Treasury bills increased $28 million at all reporting member banks. Holdings of Treasury certificates of indebtedness decreased $39 million, Treasury notes $29 million, and U, S. Government bonds decreased $39 million, Demand deposits adjusted increased $309 million in New York City, $72 million in the Chicago District, $47 million in the Cleveland District, and $43 million in the San Francisco District. Borrowings from Federal Reserve Banks increased $41 million and borrowings from others increased $185 million. Loans to banks increased $217 million, A summary of assets and liabilities of reporting member banks follows: Increase or decrease since Oct, 31, Oct. 23, 1956 1957 (In millions of dollars) Oct. 30, 1957 ASSETS Loans and investments adjusted l/ 86,743 Loans adjusted l/ 53,614 Commercial and industrial loans 31,321 Agricultural loans 452 Loans to brokers and dealers for purchasing or carrying securities 1,642 Other loans for purchasing or carrying securities 1,089 Real estate loans 8,758 Other loans 11,411 U. S. Government securities - total 25,191 Treasury bills 1,156 1,600 Treasury certificates of indebtedness Treasury notes 4,431 U. S. bonds 18,004 Other securities 7,938 Loans to banks 1,360 Reserves with Federal Reserve Banks 13,367 Cash in vault 1,053 Balances with domestic banks 2,344 LIABILITIES 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 l/ Exclusive of loans to banks and after deduction vidual items are shown gross. *204 + 11 - 42 + 8 + + 53 22 11 26 - 79 + 28 - 39 - 29 - 39 +272 +217 + 4 + 36 + 3 + lj,083 lj,622 + lj,872 30 + 333 119 99 511 - + 770 338 810 -1:,027 891 + 231 - : + + + - + - 239 35 90 102 +422 264 55,805 +1;,921 + 2 23,974 + 20 1,860 627 -200 10,154 571 + 111 - 11 1,714 + 162 + 41 589 + +185 70 887 of valuation reserves; indi- H.4.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING' MEMBER BARKS H T LEADING CITIES OCTOBER 30, 1957 Philadelphia Loans and investments adjusted 1/ Loans adjusted if 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 86,743 53,614 31,321 452 3,889 25,787 3,200 2,576 17,235 2,202 1,559 12,352 1 8 12 Minne- Kansas Rich apolis City Louis oond In millions of dollars 6,241 3,456 3,375 11,693 2,739 1,517 3,364 3,957 17,525 918 1,829 2,457 10,728 1,906 6,574 1,666 1,898 3,625 4,541 964 1,477 473 4,127 859 1,025 1,883 903 240 24 102 21 10 17 6 9 2 1,642 32 971 63 112 53 34 199 25 5 37 17 94 1,089 8,758 11,411 17 371 647 368 1,192 2,723 32 201 808 32 345 592 49 177 646 175 813 1,406 23 8 181 249 27 287 436 163 192 627 3,928 2,025 U. S. Government securities - total Treasury "bills Treasury certificates of indebtedness Treasury notes U. S. "bonds Other securities 25,191 1,156 1,600 4,431 18,004 7,938 970 76 42 171 6,271 386 240 1,091 4,554 2,281 748 23 75 97 553 250 133 790 769 2,008 99 80 540 1,289 608 1,278 39 110 177 952 280 1,163 57 129 206 771 306 4,039 100 151 662 3,126 1,080 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 1,360 13,367 1,053 2,344 2,775 57 507 896 4,524 236 144 10 489 53 83 95 17 943 108 181 106 34 519 87 169 84 23 472 54 249 79 28 2,024 125 253 3,007 17,687 2,338 532 618 4,855 85 80 598 4,168 1,864 138 2,503 789 101 2,249 795 60 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 55,805 23,974 1,860 681 343 66 93 114 1,292 172 281 483 841 38 59 183 561 > 1 7,276 1,682 601 3,319 274 52 62 443 1,206 1,189 67 73 36 108 102 28 198 88 274 810 763 291 311 329 156 30 16 2 580 502 207 16 44 51 420 306 67 178 63 33; 5,035 162 476 744 3,653 880 2,284 2,636 620 1,008 334 110 62 40 9,095 8,639 260 1,762 219 2,186 175 236 513 10,154 1,714 363 32 2,886 434 21 518 11 449 7 671 11 1,598 54 695 4 347 5 832 3 877 18 484 137 589 887 3,093 22 8 9 22 76 58 16 109 49 26 66 59 1 67 254 163 207 14 11 53 13 36 36 86 1 44 8 10 91 9 176 613 296 1,150 339 714 359 3,414 413 468 9,566 C A P I T A L A C C O U N T S 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. 151 363 458 1,441 136 1,411 425 1,595 t
@FedFRASER