H.U.2

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) January 14, 1959

CONDITION OF WEEKLY REPORTING MEMBER, BANKS IN LEADING CITIES The condi t ion statement of weekly r epo r t i ng member banks i n leading c i t i e s

shows the fo l lowing p r i n c i p a l changes foil the week ended January 7$ Decreases of $783 m i l l i o n i n loans ad ju s t ed , #370 m i l l i o n i n holdings of U. S. Government S e c u r i t i e s , #717 m i l l i o n i n balances wi th domestic banks, #296 mi l l i on i n demand depos i t s ad jus t ed , and #1>479 mi l l i on i n V. S. Government depos i t s .

Commercial and i n d u s t r i a l loans decreased i n a l l d i s t r i c t s and a t o t a l of #578 m i l l i o n a t a l l r epor t ing member banksj the p r i n c i p a l decreases were $228 m i l l i o n i n New York Ci ty , #70 m i l l i o n i n Chicago, #U3 m i l l i o n i n the San Francisco D i s t r i c t , $37 m i l l i o n i n the Dallas D i s t r i c t , #36 m i l l i o n i n the Richmond D i s t r i c t , and $34 m i l l i o n i n the Cleveland D i s t r i c t . Changes according to indus t ry appear i n another p ress re lease* "Other11 loans decreased $67 m i l l i o n of which $31 mi l l i on was i n the Kansas C i ty D i s t r i c t .

Holdings of Treasury b i l l s decreased $145 m i l l i o n , Treasury c e r t i f i c a t e s of indebtedness $79 m i l l i o n , and U. S. Government bonds $166 m i l l i o n .

Demand depos i t s ad jus t ed decreased $1>2 m i l l i o n i n the Kansas Ci ty D i s t r i c t , #133 m i l l i o n i n the Dal las D i s t r i c t , $86 m i l l i o n i n the New York D i s t r i c t , and $76 m i l l i o n i n Chicago, but they increased $107 m i l l i o n i n the San Francisco Dis -t r i c t , #75 m i l l i o n i n the Phi lade lph ia D i s t r i c t , and $64 m i l l i o n i n the Richmond D i s t r i c t . Time depos i t s decreased #139 m i l l i o n , of which $74 mi l l i on was i n depos i t s of i n d i v i d u a l s , pa r tne r sh ip s , and corpora t ions i n the San Francisco Dis -t r i c t . Demand depos i t s c r ed i t ed t o domestic banks decreased $698 m i l l i o n .

Borrowings from Federa l Reserve Banks increased $634 m i l l i o n and borrowings from o the r s increased #1,111 m i l l i o n . Loans t o banks inc reased $856 m i l l i o n .

A summary of a s s e t s and l i a b i l i t i e s of r epo r t ing member banks fol lows; Increase or

decrease s ince H 7 T

January 7, 1959 Dec.

1958 Jan. 8,

1958 ( In mi l l ions of do l l a r s )

A S S E T S

Loans and inves tments a d j u s t e d 1 / Loans ad jus t ed 1 / ""

Commercial an3 i n d u s t r i a l loans A g r i c u l t u r a l loans Loans t o brokers and dea le r s f o r

purchasing or car ry ing s e c u r i t i e s Other loans f o r purchasing or car ry ing

s e c u r i t i e s Real e s t a t e loans Other loans

U. S. Government s e c u r i t i e s - t o t a l Treasury b i l l s Treasury c e r t i f i c a t e s of indebtedness Treasury notes U S. bonds

Other s e c u r i t i e s

Loans t o banks Reserves wi th Federa l Reserve Banks Cash i n v a u l t Balances wi th domestic banks

L I A B I L I T I E S

Demand depos i t s ad jus t ed Time depos i t s except U. S. Government U. S . Government depos i t s In te rbank demand deposi ts?

Borrowingst

Domestic banks Foreign banks

From Federa l Reserve Banks From others

95,Mi9 -1,125 +7,705 5U,6l0 mm 783 + 862 30,219 - 578 - 993

606 15 + 167

2,372 - 132 f 350

1,273 + 3 + 165 9*610 + 9 4- 860

11,758 - 67 + 1+09

31,524 a 370 +5,437 2,135 - 145 + 55Ii 4,032 79 +2,298 6,886 + 20 +2,100

18,471 166 + 1485 9,315 + 28 +1,1*06 1,620 + 856 + 270

13,287 + 105 - 471 1,052 - 9 - 25 2,523 717 + 103

58,749 296 +2,393 28,253 - 139 +3,939 l ,5U0 - 1 ,479 + U2

11,821 698 + 510 1,513 65 - 164

657 + 634 f 38 1,113 +1,111 f 359

1 7 Exclusive of loans t o banks and a f t e r deduction of va lua t ion reserves \ - - - - - - - - ' O i h - S i nd iv idua l loan items are shown gross .

* December 31 f i g u r e s rev i sed (San Francisco D i s t r i c t ) . _

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

H.4 .3 (For Immediate Release) January 8, 1959

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES

( i n m i l l i o n s of d o l l a r s )

New York C i ty Chicago

Jan . 7 ,

1959

Increase or decrease s ince J a n .

7 , 1959

Increase or decrease s ince Jan .

7 , 1959 Dec. 31, 1958

Jan . ti, 1958

J a n . 7 ,

1959 Dec. 31, 1958 Jan . 8,

1958 A S S E T S

Loans and investments a d j u s t e d l / 25,130 -293 +2,394 7,436 - 92 44.74 Loans a d j u s t e d l / ~ 15,439 -308 + 200 3,842 -100 -177

Commercial and i n d u s t r i a l loans 10,763 -228

H.4.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, JANUARY 7 . 1959 Tota l

A l l D i s t r i c t s

F e d e r a 1 R e s e r v e D i s t r i c t Boston New York

P h i l a -delphia

Cleve-land H Atlan ta Chicago S t . Louis Minne-a p o l i s Kansas Ci ty Dallas San Francisco

( In mi l l ions of d o l l a r s ) 4,095 28,819 3,442 6,620 3,768 3,778 12,422 2,954 1,581 3,725 4,523 19,722 2,532 17,383 2,158 3,570 2,007 2,066 6,321 1,653 903 2,035 2,761 11,221 1,471 11,456 1,164 1,761 931 1*093 3,721 , 826 446 1,045 1,678 4,627

9 13 1 3 6 13 19 23 17 169 49 284

33 1,647 44 113 39 27 286 42 8 43 17 73

20 398 46 159 49 56 222 24 11 36 185 67 401 1,306 223 838 402 218 906 273 195 312 224 4,312 660 3,004 756 766 619 696 1,342 493 242 463 657 2,060

1,210 8 ,491 962 2,408 1,427 1,378 4,890 1,044 517 1,328 1,433 6,436 76 743 57 137 72 101 349 62 30 125 88 295

202 1,241 174 333 124 207 457 112 57 181 168 776 322 1,855 212 857 249 259 1,027 258 113 315 264 1,155 610 4,652 519 1,081 982 811 3,057 612 317 707 913 4,210 353 2,945 322 642 334 334 1,211 257 161 362 329 2,065

34 893 37 35 23 66 48 34 28 28 24 370 507 4,474 498 879 531 485 1,864 412 195 514 595 2,333

67 246 54 106 85 58 121 36 16 42 50 171 85 162 88 140 162 298 271 157 70 352 521 217

120 1,226 104 109 96 93 193 44 39 78 203 531

3,091 18,426 2,489 4,162 2,680 2,369 7,549 1,704 906 2,466 2,766 10,141 668 6,488 669 2,007 880 934 3,627 643 384 723 1,253 9,977

68 534 57 106 89 58 205 55 29 73 55 211

388 3,221 479 552 528 895 1,831 833 386 1,015 1,137 556 31 1,200 22 12 9 12 49 3 4 2 16 153

6 268 4 116 39 39 103 11 12 33 26 42 602 6 68 4 26 100 19 7 7 49 183

129 1,489 71 104 67 67 209 55 38 44 98 556 485 3,592 426 762 369 378 1,246 314 175 397 509 1,541

A S S E T S Loans and investments ad jus ted l / Loans a d j u s t e d l /

Commercial and i n d u s t r i a l loans A g r i c u l t u r a l loans Loans t o "brokers and dea le r s f o r

purchasing or car ry ing s e c u r i t i e s Other loans f o r purchasing or ca r ry ing

s e c u r i t i e s Real e s t a t e loans Other loans

U. S . Government s e c u r i t i e s - t o t a l Treasury "bi l ls Treasury c e r t i f i c a t e s of indebtedness Treasury notes IT. S. bonds

Other s e c u r i t i e s Loans t o banks Reserves with Federa l Reserve Banks Cash i n v a u l t Balances wi th domestic banks Other a s s e t s - n e t

L I A B I L I T I E S Demand depos i t s ad jus t ed Time depos i t s except U. S. Government U. S. Government depos i t s In te rbank demand depos i t s :

Domestic banks Foreign banks

Borrowings: From Federa l Reserve Banks From o the r s

Other l i a b i l i t i e s C A P I T A L A C C O U N T S

95,449 54*610 30,219

606

2,372

1,273 9,610

11,758

31,524 2,135 4,032 6,886

18,471 9,315 1,620

13,287 1,052 2,523 2,836

58,749 28,253

1,540

11,821 1,513

657 1,113 2,927

10,194 1 / Exclusive of loans to banks and a f t e r deduction of va lua t ion r e s e r v e s ; indiv idual loan items a re shown gross .

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis