BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H,4»2 (For Immediate Release) December 24> 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 December 17: Increases of $824 million in loans adjusted, #482 million in demand deposits adjusted, and $674 million in U, S. Government deposits.

Commercial and industrial loons increased in all but one district and a total of 1382 million at all reporting member banks; the principal increases were $230 million in New York City, S36 million in the Chicago District, $35 million in the Cleveland District, and $17 million in the St. Louis District, This week's increase included loans for quarterly tax date needs. Changes according to in-dustry appear in another press release. Loans to brokers and dealers for pur-chasing or carrying U, S, Government and other securities increased $348 million. Real estate loans increased $34 million. "Other" loans increased $51 million.

Holdings of Treasury bills increased $77 million and holdings of U, S. Government bonds decreased $35 million.

Demand deposits adjusted increased $139 million in the Kansas City District, $80 million in the Boston District, $60 million in the Atlanta District, $57 million in the Dallas District, and $56 million in the Richmond District. Demand deposits credited to domestic banks increased $561 million at all reporting mem™ ber banks.

Borrowings from Federal Reserve Banks increased $128 million and borrowings from others decreased $282 million. Loans to banks decreased $231 million,

A summary of assets and liabilities of reporting member banks follows: -» • " "H ! » -

Increase or December 17, decrease since

1958 Dec, lOjDeCe 18, 1958 #1 1957

A S S E T S (in millions of dollars)

1/ Loans and investments adjusted Loans adjusted \J 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

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:

Borrowings:

Domestic banks Foreign banks

From Federal Reserve Banks From others

1/

di-vidual loan items are shown gross. December 10 figures revised (San Francisco District)

95,982 + 849 +7,404 54,819 + 824 + 130 30,567 + 382 -1,305

614 + 6 + 181

2,378 + 348 + 188

1,246 + 6 + 140 9,580 + 34 + 800 11,619 + 51 + 245

31,901 + 24 +5,891 2,209 + 77 + 739 4,132 26 +2,402 6,919 + 8 +2,095 18,641 — 35 + 655 9,262 + 1 +1,383

1,595 — 231 + 145 13,456 + 622 - 378 1,152 + 10 - 29 2,709 + 327 + 92

59,450 + 482 +2,799 28,007 + 31 +4,037 2,203 + 674 - 335

11,661 + 561 + 402 1,549 + 46 - 121 454 + 128 - 2 40

1,087 — 282 + 259

of valuation reserves: indi-

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H.4.3

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

(For Immediate Release) December 18, 1958

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES

(in millions of dollars)

New York City

Dec. 17, 1958

Increase or decrease since

Dec. lBJ 1957

Dec. 10, 1958

A S S E T S

Loans and investments adjusted l/ 25,357 Loans adjusted l/ 15#638 Commercial and industrial loans 11,006 Agricultural loans 2 Loans to brokers and dealers

for purchasing or carrying: U. S. Govt, obligations 399 Other securities 1,204

Other loans for purchasing or carrying: U. S. Govt, obligations 29 Other securities 350

Real estate loans 64l Other loans 2,373

U. S. Government securities - total 7,^14 Treasury bills 593 Treasury cert, of indebtedness 1,124 Treasury notes 1,612 U. S. bonds maturing: Within 1 year 1 1 to 5 years 2,540 After 5 years 1,544

Other securities 2,305

Loans to banks 775 Reserves with F. R. Banks 4,009 Cash in vault 198 Balances with domestic banks 62 Other assets - net l,l88

L I A B I L I T I E S

Demand deposits adjusted l6,^l® Time deposits except U. S. Govt. 2/5,063 U. S. Government deposits 562 Interbank demand deposits; Domestic banks 3,029 Foreign banks 1,227

Borrowings: From Federal Reserve Banks 70 From others ^95

Other liabilities 1,488

C A P I T A L A C C O U N T S 3,237

Chicago

Dec. 17, 1958

.̂acrsaoe or decrease since

" W Dec, 10, 1958

Dec. 1951

+469 +2,074 7,397 + 77 +355 +420 — 178 3,803 + 88 -309 +230 - 868 2,686 + 18 -315

+ 1 13 + 5

+111 50 79 + 37 + 40 + 86 + 390 147 + 30

+ 2 + 4 24 + 1 + 6 + 3 + 2 128 + 2 + 14 + 10 + 86 213 - - + 19 - 23 + 301 630 - 70

+ 1 8 +1. ,765 2,891 - 15 +594 + 10 + 69 286 - 5 +235

W mm + 873 377 + 1 +241 + 9 + 550 592 - 8 +163

- 1 169 10 w* mm - 91 - 5 + 431 811 - 2 -155 + 5 + 11 815 - 1 +201 + 31 + 487 703 + 4 + 70

-229 + 155 57 - 62 - 4o + 68 — 449 1,204 +160 + 13 - 1 + 2 41 - 4 + 9 + 12 134 + 4 - 12 - 30 2 92 - 8 + 19

- 27 + 843 4,590 - 17 +177 + 13 +1 ,438 1,822 + 6 +100 +189 - 153 186 + 61 - 17

+182 28 1,255 + 75 + 4 + 38 - 149 39 + 2 + 2

+ 68 120 11 + 5 - 67 -l4i - 120 108 + 45 + 78 - 37 - 59 l4l - 5 + 8

+ 1 + 140 773 - 1 + 46

loan items are shown gross.

2 / Includes savings deposits of $1,989 million, an increase of $6 million from previous Wednesday and $372 million from a year earlier.

"NOTE; Because of holidays, next week's statement will be issued on Monday, December 29.

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E.4.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, DECEMBER 17, 1958 Total All

Districts

F e d e r a 1 R e s e r v e D i s t r l e t Total All

Districts Boston New

York Phi la-* delphia

Cleve-land

Rich-mond

Atlanta Chicago St. Louis

Minne-apolis

Kansas City Dallas San

Francisco A S S E T S (In millions of dollars)

Loans and investments adjusted l/ 95,982 4,100 29,052 3,495 6,635 3,797 3,797 12,482 2,984 1,620 3,764 4,489 19,767 Loans adjusted l/ 54,819 2,533 17,559 2,223 3,582 2,016 2,047 6,258 1,682 930 2,060 2,723 11,206 Commercial and industrial loans 30,567 1,477 11,682 1,224 1,777 938 1,090 3,740 840 470 1,052 1,643 4,634 Agricultural loans 6l4 9 14 1 3 8 13 20 24 16 171 46 289 Loans to brokers and dealers for

266 48 64 purchasing or carrying securities 2,378 33 1,630 39 121 43 27 266 48 9 64 24 74 Other loans for purchasing or carrying

46 48 36 181 67 securities 1,246 17 399 46 154 48 53 205 29 11 36 181 67 Real estate loans 9,580 399 1,315 227 841 397 218 902 274 195 309 230 4,273 Other loans 11,619 659 2,955 754 753 620 681 1,296 495 244 458 645 2,059

U. S. Government securities - total 31,901 1,224 8,613 946 2,415 1,454 1,403 5,014 1,045 528 1,342 1,433 6,484 Treasury bills 2,209 72 717 42 138 79 125 390 66 38 144 77 321 Treasury certificates of indebtedness 4,132 197 1,265 170 313 134 239 530 109 62 169 170 774 Treasury notes 6,919 319 1,877 210 805 255 267 1,078 245 111 324 272 1,156 U. S. bonds 18,641 636 4,754 524 1,159 986 772 3,016 625 317 705 914 4,233

Other securities 9,262 343 2,880 326 638 327 347 1,210 257 162 362 333 2,077

"Leans to banks 1,595 35 805 36 59 40 25 84 52 12 15 14 4l8 Reserves With Federal Reserve Banks 13,456 526 4,381 1#4 915 556 532 1,978 429 20$ 536 572 2,332 Cash in vault 1,152 75 288 64 115 90 60 127 39 17 46 53 178 Balances with domestic banks 2,709 98 168 90 158 179 285 378 153 74 360 527 239 Other assets - net 2,884 120 1,270 102 111 97 92 183 43 40 79 204 543

L I A B I L I T I E S Demand deposits adjusted 59,450 3,110 18,751 2,494 4,190 2,715 2,409 7,530 1,752 932 2,529 2,774 10,264 Time deposits except U. S. Government 28,007 669 6,444 658 1,994 879 928 3,609 643 381 723 1,284 9,795 U. S. Government deposits 2,203 116 650 83 161 125 89 342 79 52 97 81 328 Interbank demand deposits:

862 1,928 1,068 Domestic banks 11,661 368 3,141 474 579 541 862 1,928 817 375 955 1,068 553 Foreign banks 1,549 32 1,231 22 9 10 11 49 4 4 2 18 157

Borrowings: 94 143 40 4 From Federal Reserve Banks 454 5 113 94 22 7 143 13 — 40 13 4

From others 1,087 31 506 44 86 22 29 164 26 10 8 5 156 Other liabilities 3,231 137 1,562 79 120 79 78 227 52 40 48 112 697

C A P I T A L A C C O U N T S , 10,136 486 3,566 427 760 366 378 1,240 314 174 398 504 1,523

if Exclusive of loans to banks and after deduction of valuation reserves; individual loan items are shown gross. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis