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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H,4,2 (For Immediate Release) September 17,1958 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 10: An in- ^ crease of #1,210 million in demand deposits adjusted and a decrease of Si,373 million in U. S. Government deposits. Commercial and industrial loans increased in all districts and a total of $207 million at all reporting member banks; the principal increases were $61 million in New York City, $31 million in Chicago, $21 million in the Dallas District, $19 million in the Minneapolis District, and $14 million each in the Philadelphia and Atlanta Districts. Changes according to industry appear in another press release. Real estate loans increased $26 million. Holdings of Treasury bills increased $119 million in New York City and a total of $221 million at all reporting member banks. Other holdings of United States Government securities decreased: Treasury certificates of indebtedness by $86 million, Treasury notes $107 million, and U, S, Government bonds $38 million. Holdings of "other" securities increased $153 million. Demand deposits adjusted increased $630 million in New York City, $166 million in the San Francisco District, $93 million in the Chicago District, #65 million in the Cleveland District, $64 million in the Philadelphia District, and by smaller amounts in all but one of the other districts. Time deposits increased $140 million, of which $128 million was in New York City and mostly in other than savings deposits. Demand deposits credited to domestic banks increased $158 million. Borrowings from Federal Reserve Banks increased $284 million and borrowings from others decreased $21 million, Loans to banks decreased $93 million. A summary of assets and liabilities of reporting member banks follows: Increase or decrease since Sept. 10, Sept. 11, Sept, 3* 1958 1957 1958 * (In millions of dollars) A S S E T S + + + +8,122 -1,688 -2,320 + 125 Loans and investments adjusted iJ Loans adjusted 1/ 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 1,840 + 9 1,247 9,100 11,340 + + + 2 26 26 U, S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes 0, S, bonds Other securities Loans to banks Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 32,664 1,610 4,335 6,800 19,919 9,612 1,619 12,782 1,036 2,505 - - 10 221 86 107 38 153 93 44 51 54 + 131 + 392 54 +7,902 + 141 +2,749 +3,175 +1,837 +1,908 + 440 - 290 20 + 104 56,719 28,563 2,319 11,703 1,503 405 1,067 +1,210 + 140 -1,373 + 158 70 + 284 21 +1,048 +4,818 +1,117 + 823 - 182 - 235 + 347 94,703 52,427 29,523 561 — + - — - + - + + 405 262 207 8 + 165 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 1/ Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross, * September 3 figures revised (San Francisco District) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IK LEADING CITIES, SEPTEMBER 10, 1958 F e d e r a l Reserve D i s t r i c t Total St. Minne- Kansas New Phila- Cleve- RichSan All Boston Atlanta Chicago Louis apolis City Dallas Francisco delphia land mond Districts York (In millions of dollars) A S S E T S 4,068 28,594 6,623 3,760 3,691 12,399 2,900 1,638 3,695 4,451 19,383 94,703 3,501 Loans and investments adjusted l/ 52,427 l,94o 2,439 16,552 3,467 1,959 2,193 949 1,921 2,634 10,794 5,999 i,58o Loans adjusted l/ 1,441 11,255 1,182 1,034 910 76l 494 3,685 1,721 29,523 4,483 992 1,565 Commercial and industrial loans 8 2 10 1 144 42 56l 13 15 9 17 7 293 Agricultural loans Loans to brokers and dealers for 164 1,840 4l 1,246 20 36 30 113 20 45 29 87 9 purchasing or carrying securities Other loans for purchasing or carrying 44 4o 224 40 134 182 43 49 11 1,247 13 392 securities 75 228 222 817 1,203 194 9,100 380 270 189 298 383 859 4,057 Real estate loans 608 480 244 746 1,229 456 643 11,340 634 2,877 659 1,988 776 Other loans 1,406 2,489 1,470 32,664 1,231 9,000 5,145 1,065 958 519 1,406 1,497 6,478 U. S. Government securities - total 60 86 600 18 140 61 1,610 43 127 156 253 59 7 Treasury bills 246 106 860 161 198 1,287 134 165 170 637 52 319 4,335 Treasury certificates of indebtedness 288 6,800 1,818 223 1,047 785 107 265 1,114 253 238 343 319 Treasury notes 1,024 812 3,208 1,258 690 678 342 948 4,348 558 19,919 5,295 758 U. S. bonds 3,042 368 667 320 2,111 9,612 170 345 1,255 398 350 331 255 Other securities 5.4.2(a) 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 1,619 12,782 1,036 2,505 2,896 15 473 6$ 90 130 794 4,393 226 149 1,304 10 479 53 78 99 20 884 102 148 107 31 508 86 177 94 64 487 56 292 90 56,719 28,563 2,319 2,951 678 102 18,030 6,690 760 2,341 729 96 4,094 2,034 190 2,594 916 113 2,289 952 83 11,703 1,503 371 32 3,024 1,175 479 21 543 10 568 9 405 1,067 3,208 30 39 154 81 575 1,573 31 19 79 74 69 118 10,054 484 3,552 425 752 89 1,811 117 252 215 29 397 36 162 42 42 513 44 341 68 51 550 51 509 175 457 2,088 184 225 535 7,333 l,66l 663 3,625 81 320 903 2,356 2,647 744 1,324 378 40 90 94 9,520 9,830 350 869 11 1,915 47 763 3 444 1,024 1,118 16 2 4 585 173 11 l 76 12 15 75 97 98 219 17 13 56 4 6 38 30 14 48 7 12 82 11 206 690 368 374 1,229 309 172 391 491 1,507 1/ Exclusive of loans to "banks and after deduction of valuation reserves; individual loan items are shown gross. 17 199 16 82 37
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