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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4,2 (For Immediate Release) October 8, 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 October Is Increases of $265 million in loans adjusted, $314 million in loans to banks, $436 million in demand deposits adjusted, and #506 million in demand deposits credited to domestic banks; and a decrease of $301 million in U, S, Government deposits. Commercial and industrial loans increased $28 million at all reporting member banks; the principal changes were increases of $35 million in New York City and $13 million in the Dallas District, and decreases of $36 million in Chicago and $16 million in the Philadelphia 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 $136 million.. Real estate loans increased $40 million and "other" loans increased $59 million. Holdings of Treasury bills increased $61 million. Other holdings of U, S, Government securities decreased$ Treasury certificates of indebtedness by $35 million, Treasury notes $36 million, and U, S, Government bonds $24 million. Demand deposits adjusted increased $229 million in the New York District, $101 million in the Chicago District, $77 million in the San Francisco District, and by smaller amounts in all but two of the other districts. Time deposits decreased $37 million. Borrowings from Federal Reserve Banks decreased $127 million and borrowings from others increased $142 million, A summary of assets and liabilities of reporting member banks follows$ Increase or decrease since Sept, 24, Oct, 2, 1958 * W 7 , (In millions 0: dollars) Oct. 1, 1958 A S S ST 5 Loans and investments adjusted Loans adjusted JL/ 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 93,595 52,675 29,716 571 + + + + 228 265 28 12 +5,697 *1,888 -2,169 + 125 1,808 + 136 - 213 13 40 59 + + - 119 455 85 34 61 35 36 24 3 +5,777 + 167 +2,436 +2,114 +1,060 +1,808 1,237 9,182 11,342 — U. S, Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U, S, bonds Other securities 31,431 1,364 4,168 6,673 19,226 9,489 - Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 1,820 12,597 931 2,594 k I A E I L I T I U 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 2 j Exclusive of loans to banks and after deduction loan items are shown gross, * September 24 figures revised. + + + — + - + 314 96 94 170 + + 631 728 22 209 + 436 +1,952 55,967 +4,362 28,262 37 301 -1,538 2,651 + 506 + 808 11,545 32 - 274 1,422 127 151 - 444 + 142 + 435 1,276 of valuation reserves; individual ASSETS AND LIABILITIES OF WEEKLY Total A11 Boston Districts New York A S S E T S li_1958 R e s e r 1f e F e d e r a 1 D i s tr l e t St. Minne- Kansas Phila- Cleve- RichSan Atlanta Chicago Dallas delphia land mond Francisco Louie apolis City 6,571 3,506 1,752 3,664 1,943 1,040 14 12,261 6,068 2 3,686 1,941 906 7 39 119 31 49 218 751 134 823 742 2,4o6 73 338 775 1,220 659 44 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 $L S. Government securities - total Treasury bills ^Treasury certificates of indebtedness Treasury notes U. S. bonds JSther securities 93,595 52,675 29,716 571 4,078 2,476 1,454 8 28,113 16,684 11,395 13 3,483 2,173 1,808 40 1,209 1,237 9,182 11,342 14 383 387 1,218 ]%oans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 1,182 2 638 2,896 31,431 1,364 4,168 6,673 19,226 9,489 1,203 64 8,449 549 1,272 1,794 4,834 2,980 966 1,820 12,597 931 2,594 2,922 29 540 59 107 126 1,085 35 443 48 100 55,967 2,983 161 305 673 399 4,237 209 174 1,328 28 170 218 550 344 105 44 839 94 163 110 2,863 1,627 3,656 3,690 12 1,584 757 19 947 499 16 1,919 993 148 4,405 2,639 1,580 40 19,188 10,795 4,468 290 25 200 4l 5 13 19 67 6o4 50 197 652 222 872 1,245 27 271 11 191 240 40 302 452 183 223 640 4,098 1,986 1,421 34 121 245 1,021 324 1,373 4,959 207 513 20 49 104 340 1,444 68 167 1,371 144 166 320 741 366 12 200 14 77 39 17 518 39 348 69 386 60 243 284 786 348 40 32 522 78 171 94 50 290 88 456 496 1,028 1,003 3,162 1,234 37 95 247 649 251 87 1,842 105 417 34 587 28 181 270 925 322 17 76 6,298 80 785 1,108 4,325 2,095 394 568 2,015 47 154 228 541 2,336 744 110 2,671 1,316 98 9,331 9,746 366 265 161 200 41 2,272 934 102 7,266 3,624 355 l,64l 653 89 889 380 1,876 48 766 3 398 4 971 2 1,004 15 542 157 62 10 20 9 39 44 2 26 85 2 229 51 3 33 36 625 311 173 392 491 1,522 490 181 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 2,328 724 U5 2,026 132 17,703 6,514 897 203 2,495 912 131 11,545 1,422 396 35 3,276 1,106 490 23 539 9 515 8 772 12 151 1,276 3,100 6 67 529 1,560 1 30 76 124 113 40 46 70 16 29 76 3,561 427 755 366 375 28,262 2,651 10,085 A C C O U N T S 689 149 482 4,052 104 215 1,230 l/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. / 1 53
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