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H.4,2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) October 16, 1957 CONDITION OF MEEKLY 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 9% Decreases of 1335 million in loans adjusted, $330 million in holdings of U. S, Government securities, $157 million in reserve balances with Federal Reserve Banks, and #1,254 million in U. S, Government deposits; and an increase of $329 million in demand deposits adjusted. Commercial and industrial loans decreased in all but one district and a total of $181 million at all reporting member banks; the principal decreases were $125 million in New York City, $20 million in the Cleveland District, and $13 million in the Chicago District outside of 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 decreased $100 million, '•Other11 loans decreased $44 million. Holdings of all categories of U, S, Government securities decreased: Treasury bills $136 million, Treasury certificates of indebtedness $63 million, Treasury notes $75 million, and U. S, Government bonds $56 million. Demand deposits adjusted increased $174 million in New York City, $54 million in the San Francisco District, $42 million in the Philadelphia District, and $39 million in the Richmond District, Time deposits increased $56 million, of which $33 million was in deposits of individuals, partnerships, and corporations in the San Francisco District, Demand deposits credited to domestic banks increased $106 million. . Borrowings from Federal Reserve Banks decreased $13 million and borrowings from others decreased $98 million. Loans to banks decreased $2 million, A summary of assets and liabilities of reporting member banks follows: Increase or decrease since Oct, 10, Oct, 2, 3,956 , (in millions of dollars) Oct. 9, 1957 A <£ & £ 2 £ Loans and investments adjusted A/ Loans adjusted JJ Commercial and industrial loans Agricultural loans Loans to brokers and dealers for purchasing or carrying securities Other loans for purchasing or carrying scscurities Real estate loans Other loans 87,267 54,228 31,704 440 U. S, Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 25,324 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks •» - - 1,921 1,118 8,722 11,383 1,061 - - 1,669 4,484 «• 7,715 + 1,187 — 18,110 - 13,168 - 996 2,350 + 54,344 23,956 2,935 10,843 + + 631 335 181 6 +1,929 +2,463 +2,348 37 100 + — + 5 44 19 106 93 513 330 136 63 75 56 34 — 408 + 714 + 764 —1,048 - 838 - 126 2 157 43 35 - 72 118 15 54 2*1 A S H X 2 X S 5 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 2J 1,716 552 743 329 56 "I ,254 + 106 + 20 13 -» 98 - 945 +1,913 + 486 - 169 + 184 + 71 - 270 Exclusive of loans to banks and after deduction of valuation reserves; vidual loan items are shown gross, E.4.2(a) A S S E T S ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, OCTOBER 9, 1957 F e d e r a l R e s e r v e D i s t r i c t Total San St. Minne- Kansas RichClevePhilaNew All Atlanta Chicago Louis apolis City Dallas Francisco Boston mond land delphia York Districts (In millions of dollars) 3,491 1,926 915 6 3,415 1,922 1,029 10 11,777 6,707 4,248 9 2,735 1,655 842 20 1,533 933 488 17 3,366 1,831 972 97 3,979 2,443 1,470 24 17,530 10/733 4,548 233 113 71 44 232 30 9 34 19 109 33 345 588 1,304 43 118 187 956 261 51 177 645 1,194 84 130 208 772 299 179 810 1,385 4,022 69 156 667 3,130 1,048 24 280 485 854 42 64 189 559 226 8 178 248 448 32 36 89 291 152 28 286 438 1,210 70 99 279 762 325 155 191 627 1,256 97 130 214 815 280 62 3,912 2,031 784 35 85 104 560 233 138 787 768 2,002 83 75 550 1,294 588 630 4,525 220 137 1,300 19 495 50 75 96 11 921 100 144 102 29 537 84 172 83 37 482 53 255 78 53 1,852 118 253 156 26 409 36 150 44 1 198 15 74 32 31 509 42 320 61 34 561 48 457 176 280 2,154 167 230 512 2,917 629 118 17,169 4,869 1,097 2,321 532 122 3,945 1,862 203 2 , 5 0 9 2,223 786 792 134 93 7,019 3,314 363 1,613 600 84 842 332 59 2,232 626 109 2,545 1,011 150 9,009 8,603 403 363 29 2,943 l,4l8 450 20 532 10 756 11 1,767 48 734 5 391 4 909 2 957 17 526 145 8 10 52 1,148 294 356 711 339 3,354 C A P I T A L A C C O U N T S t shown gross. 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are 24 16 35 150 41 5 44 13 15 92 361 455 2 153 593 1,439 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 87,267 54,228 31,704 440 3,862 2,578 1,575 8 26,086 17,614 12,516 13 1,921 27 1,169 64 1,118 8,722 11,383 25,324 l,06l 1,669 4,484 18,110 7,715 18 367 64l 37 199 801 944 54 49 132 709 340 385 1,190 2,726 6,231 276 230 1,145 4,580 2,241 Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 1,187 13,168 996 2,350 2,751 36 525 63 83 111 54,344 23,956 2,935 10,843 1,716 3,262 6,231 2,245 3,641 1,204 1,897 2 l 5,075 176 497 720 3,682 1,722 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 582 743 3,112 9,488 f 2 23 133 466 29 365 1,654 24 37 76 415 123 18 105 515 7 24 3 62 4l 1 64 251 97 202
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