The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.4.2
(For Immediate Release)
October 1, 1958
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 September 24: Decreases
of $296 million in loans adjusted, $448 million in holdings of U. S. Government
securities, $244 million in balances with domestic banks, $1,260 million in demand
deposits adjusted, and $829 million in demand deposits credited to domestic banks,
and an increase of $806 million in U. S, Government deposits.
Commercial and industrial loans decreased in all but one district and a total
of $232 million at all reporting member banks; the principal decreases were $92
million in New York City, $23 million in the San Francisco District, $21 million in
the Philadelphia District, and $20 million each in the Boston and Richmond Districts,
Changes according to industry appear in another press release. "Other" loans decreased $56 million of which $18 million was in the Philadelphia District and $15
million in the Richmond District,
Holdings of all categories in U, S. Government securities decreased: Treasury
bills by $283 million, Treasury certificates of indebtedness $53 million, Treasury
notes $38 million, and U. S. Government bonds by $74 million.
Demand deposits adjusted decreased $801 million inthe New York District, $162
million in the San Francisco District, $45 million in the Kansas City District, and
$43 million each in Chicago, and in the Cleveland and Richmond Districts. Time deposits decreased $61 million of which $43 million was in the San Francisco District.
Borrowings from Federal Reserve Banks increased $118 million and borrowings
from others decreased $68 million. Loans to banks decreased $244 million.
A summary of assets and liabilities of reporting member banks follows:
Increase or
decrease cdnce
Sept. 24,
Sept. 25,
Sept. 17,
1958 *
1958
(in millions of dollars
A S S E T S
Loans and investments adjusted 1/
Loans adjusted
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
31,465
1,303
4,203
6,734
19,225
9,492
1,522
12,693
1,024
2,428
+6,822
-1,909
-2,284
+ 120
93,380
52,423
29,683
561
-
1,677
-
14
-
71
1,245
9,140
11,301
+
4
1
56
+
+
-
131
415
93
-
+
-
-
+
-
+
738
296
232
9
448
283
53
38
74
6
•6,928
3
•2,697
+3,666
+1,168
+1,803
244
88
26
244
+
+
335
435
1
40
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
I T
*
loan items are shown gross.
(San Francisco District)
Preliminary
55,540
-1;,260
+ 752
28,306
61
+4,468
+ 806
2,940
+ 584
11,043
829
+ 691
1,449
— 166
49
+ 118
279
- 393
68
1,134
+ 278
.on of valuation reserves; individual
5.4.2(a)
A S S E T S
ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, SEPTEMBER 2k, 1958
R e s e r v e
Di s t r i c t
F e d e r a 1
Total
St. Minne- Kansas
San
CleveRichPhilaNew
All
Dallas
Atlanta Chicago
Boston
apolis
City
Louis
Francisco*
mond
delphia
land
York
Districts*
(In millions of dollars)
27,882
16,533
11,352
13
3,493
2,182
1,184
1
6,563
3,688
29,683
561
4,068
2,458
1,456
9
3,485
1,742
2
1,936
902
7
1,677
26
1,117
38
113
33
1,245
9,140
11,301
13
385
635
393
1,212
2,880
46
222
759
134
U. S. Government securities - total
Treasury bills
Treasury certificates of indebtedness
Treasury notes
U. S. bonds
Other securities
31,465
1,303
4,203
6,734
19,225
9,492
1,212
60
161
312
679
398
8,369
476
1,281
1,783
4,829
2,980
966
27
170
219
550
345
Loans to banks
Reserves with Federal Reserve Banks
Cash in vault
Balances with domestic banks
Other assets - net
1,522
12,693
1,024
2,428
2,886
22
503
877
4,158
220
152
1,342
13
475
54
81
98
Loans and investments adjusted 1/
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
93,380
52,423
65
82
127
3,66? 12,269
6,060
1,935
1,029
3,741
11
11
2,854
1,571
752
18
1,633
951
503
16
3,683
1,934
995
146
4,405
2,634
1,567
4l
19,173
10,744
4,460
31
151
38
6
31
20
73
603
50
194
655
223
868
1,238
38
271
481
11
191
239
40
301
450
183
231
638
71
4,o6l
741
43
385
2,417
77
337
782
1,221
661
1,428
35
121
250
1,022
324
1,388
69
242
284
793
346
4,984
210
588
1,040
3,146
1,225
1,035
28
104
252
516
19
52
1,379
145
107
165
326
1,444
64
6,327
93
797
338
166
743
370
927
327
20
26
45
399
38
146
42
17
510
46
351
21
582
55
278
85
79
1,789
114
244
199
10
106
138
109
51
485
84
159
93
819
876
508
651
248
183
17
69
40
68
185
268
51
511
179
286
1,982
1,111
4,326
2,102
341
2,225
174
217
504
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
859
379
2,372
744
2,668
102
9,264
9,743
398
729
4
401
4
974
2
1,056
16
181
18
10
6
33
38
11
4
13
4
350
55,540
28,306
2,940
2,969
684
2,326
730
117
4,024
2,027
221
2,516
909
152
2,271
935
119
7,165
3,627
435
1,632
138
17,474
6,558
975
11,043
1,449
367
30
2,974
1,110
454
23
502
10
491
10
778
12
1,794
47
279
1,134
3,203
12
37
146
24
369
1,604
22
43
76
48
114
113
36
7
72
34
24
74
60
120
222
658
103
60
60
120
14
46
1,312
86
523
666
492
1,505
1,224
310
392
172
484
423
374
367
$0,039
3,543
753
1 f p.yfng-fw of ]nang t.r> hanks and after deduction of valuation reserves: individual loan items are shown gross. ^Preliminary {San Fran. Dist.)
C A P I T A L
A C C O U N T S
I
1
@FedFRASER