H.4 .2

For immediate r e l e a s e August 16, 1961

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

The condi t ion statement of weekly report ing member banks i n l eading c i t i e s

shows the fo l l owing p r i n c i p a l changes f o r the week ended August 9: Decreases of

$449 m i l l i o n i n loans adjusted, $4?0 m i l l i o n i n holdings of Treasury b i l l s , $383 mi l -

l i o n in demand d e p o s i t s adjusted, and $1,007 m i l l i o n in U. S• Government demand depos i t s ,

and an increase of $134 m i l l i o n i n time and savings d e p o s i t s .

Commercial and i n d u s t r i a l loans decreased a net of $140 m i l l i o n , as compared

with a net decrease of $36 m i l l i o n during the s imi lar week a year ago. Loans t o

brokers and d e a l e r s f o r purchasing or carrying U. S. Government s e c u r i t i e s decreased

$186 m i l l i o n , and t h e i r loans f o r purchasing or carrying other s e c u r i t i e s decreased

$55 m i l l i o n . Loans t o s a l e s f inance , personal f inance , i n s t i t u t i o n s , e t c . decreased

$55 m i l l i o n . "Other" loans decreased $42 m i l l i o n .

Demand d e p o s i t s adjusted decreased $248 m i l l i o n i n New York City and $93

m i l l i o n in the Da l la s D i s t r i c t . U. S. Government demand d e p o s i t s decreased in a l l

d i s t r i c t s .

Borrowings of weekly report ing member banks from Federal Reserve Banks

increased $277 m i l l i o n and borrowings from others decreased $275 m i l l i o n . Loans t o

domestic commercial banks decreased $395 m i l l i o n .

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

n.'i .a CONDITION OF IvBEICLY REPORTING MEMBER BANKS IN LEADING CITIES

A S S E T S

Chanre Vt.inci Aug• 9f Aug. 2, 1961 *

Aug. 10, i ?6o_

(In mi l l ions of dollars ' ]

T o t a l l o a n s and i n v e s t m e n t s 1 1 5 , 2 3 3 . - 1 , 2 7 7 +7,679 Loans and i n v e s t m e n t s a d j u s t e d l / 11k,o4i •, - 882 +8,008 Loans a d j u s t e d 1 / 69,623 - 449 + 568

Commercial and i n d u s t r i a l l o a n s 31 ,359 - ' l 4 o + 83 A g r i c u l t u r a l l o a n s 1,095 + 4 + 63 Loans t o brokers and dealers for purchasing

or carrying: U. S. Govt, s ecur i t i e s 434 - 186 - 44 Other s ecur i t i e s 1 , 9 4 8 - 55 + 472

Other loans for purchasing or carrying: U. S. Govt, s e c u r i t i e s 110 + 4 - 34 Other s ecur i t i e s 1 , 3 6 7 - 4 + 234

Loans t o nonbank f inanc ia l in s t i tu t ions : Sales finance, personal finance, e t c . 3 , 2 6 6 - 55 - 1 , 1 8 3 Other 1 , 7 6 3 + 18 + 124

Loans t o foreign banks 572 - 10 - 119 Real es tate loans 1 2 , 9 7 3 + 17 + 143 Other loans 16,304 - 42 + 932

Loans t o domestic commercial banks 1 , 1 9 2 395 - 329 U. S. Government s ecur i t i e s - t o t a l 33 ,327 - 463 +6,062

Treasury b i l l s 5 , 3 8 6 - 470 +2,747 Treasury c e r t i f i c a t e s of indebtedness 1,540 - 16 + 672 Treasury notes and U. S. bonds maturing:

1,540

Within 1 year 5 ,345 - 153 +4,358 1 t o 5 years 16,565 + 180 - l , 6 6 2 After 5 years 4 , 4 9 1 - 4 - 53

Other secur i t i e s 11,091 + 30 +1,378 Reserves with F. R. Banks 12,762 + 223 - 4 8 l Currency and coin 1,360 + 18 + 134 Balances with domestic banks 2 , 6 4 4 158 - 66 Other asse ts - net 4,496 + 10 + 557 Total a s s e t s / l i a b i l i t i e s 1 4 7 , 2 5 3 . - 2 , 1 6 5 +8,279

L I A B I L I T I E S Demand deposits adjusted 2 / 6 1 , 9 9 8 - 383 + 391 Demand deposits - t o t a l 3 / 8 7 , 0 4 6 - 2 , 3 8 1 + 591

Individuals, partnerships, and corporations 6 3 , 1 5 7 - 887 NA States and p o l i t i c a l subdivisions 4 , 7 7 6 - 331 + 32 U. 8 . Government 3 , 0 7 9 - 1 , 0 0 7 - 665 Domestic interbank: Commercial 11,211 + 10 NA

Mutual savings 513 - 4 NA Foreign: Govts., o f f i c i a l i n s t s . , e t c . 701 - 3 ' NA

Commercial banks 892 - 86 NA Time and savings deposits - t o t a l 4 / 4o, U38 + 134 +6,905

Individuals, partnerships, and corporations: Sav ings d e p o s i t s 28 ,955 + 93 NA Other time deposits 6 , 3 9 4 + 5 NA

States and p o l i t i c a l subdivisions 2 , 7 9 9 + 16 + 832 Domestic interbank 151 + 2 NA

. Foreign: Govts., o f f i c i a l i n s t s . , e t c . 1,878 + 9 NA Commercial banks 97 + 4 NA

Borrowings: From F. R. Banks 399 + 277 + 292 From others 1 , 4 3 9 - 275 - 815

Other l i a b i l i t i e s 5 , 3 0 5 + 64 + 563 C A P I T A L A C C O U N T S 1 2 , 6 2 6 + 16 + 743

reserves; individual loan items are shown gross. 2 / Includes a l l demand deposits except those of U. S. Government and domestic commercial

banks, l e s s cash items in process of co l l e c t i on . Year-ago comparison excludes change in deposits due t o mutual savings "banks.

3 / Includes c e r t i f i e d and of f icers ' checks not shown separately. 5 / Includes time deposits of U. S. Government and postal savings not shown separately. NA - not avai lable . * August 2 f igures revised.

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

11 .4 .2 (a ) CONDITION OF WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS, AUGUST 9 , 1961

Bos ton

F e d e r a l R e s e r v e D i s t r i c t New P h i l a - C l e v e - R i c h -York d e l p h i a l a n d mond Atlanta

A S S E T S T o t a l l o a n s and i n v e s t m e n t s Loans and i n v e s t m e n t s a d j u s t e d 1 / Loans a d j u s t e d 1 /

Commercial and i n d u s t r i a l l o a n s A g r i c u l t u r a l l o a n s Loans t o b r o k e r s and d e a l e r s f o r p u r c h a s i n g

o r c a r r y i n g : U. S . G o v t , s e c u r i t i e s O t h e r s e c u r i t i e s

O the r l o a n s f o r p u r c h a s i n g o r c a r r y i n g : U. S . G o v t , s e c u r i t i e s O the r s e c u r i t i e s

Loans t o noribank f i n a n c i a l i n s t i t u t i o n s : S a l e s f i n a n c e , p e r s o n a l f i n a n c e , e t c . O the r

Loans t o f o r e i g n b a n k s R e a l e s t a t e l o a n s Othe r l o a n s

Loans t o d o m e s t i c commerc ia l b a n k s U. S . Government s e c u r i t i e s - t o t a l -

T r e a s u r y b i l l s T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s T r e a s u r y n o t e s and U. S . bonds m a t u r i n g :

Wi th in 1 y e a r 1 t o 5 y e a r s A f t e r 5 y e a r s

Othe r s e c u r i t i e s R e s e r v e s w i t h F . R. Banks Cur r ency and c o i n B a l a n c e s w i t h d o m e s t i c b a n k s Othe r a s s e t s - n e t T o t a l a s s e t s / l i a b i l i t i e s

L I A B I L I T I E S Demand d e p o s i t s a d j u s t e d 2 / Demand d e p o s i t s - t o t a l 3 /

I n d i v i d u a l s , p a r t n e r s h i p s , and c o r p o r a t i o n s S t a t e s and p o l i t i c a l s u b d i v i s i o n s U. S . Government Domest ic I n t e r b a n k : Commercial

Mutua l s a v i n g s F o r e i g n : G o v t s . , o f f i c i a l i n s t e . , e t c .

Commercial b a n k s Time and s a v i n g s d e p o s i t s - t o t a l k /

I n d i v i d u a l s , p a r t n e r s h i p s , and c o r p o r a t i o n s : . S a v i n g s d e p o s i t s

O the r t i m e d e p o s i t s S t a t e s and p o l i t i c a l s u b d i v i s i o n s Domest ic i n t e r b a n k F o r e i g n : G o v t s . , o f f i c i a l i q s t s . , e t c .

Commercial b a n k s B o r r o w i n g s : From F . R. Banks

From o t h e r s O the r 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

4 , 6 3 6 3 4 , 4 5 4 4 , 3 9 9 9 , 0 5 3 4 , 1 1 3 4 , 5 2 3 4 , 6 1 9 3 4 , 1 0 5 4 , 3 4 8 9 , 0 1 7 4 , 0 5 5 4 , 4 o 8 3 , 0 2 5 21,099 2,932 4 , 9 9 9 2 , 4 2 4 2,627 1 , 4 8 8 1 1 , 5 9 0 1 , 2 3 6 1 , 9 3 4 940 1 , 1 5 6

7 23 2 3 13 18

1 309 4 2 1 7 12 30 1 , 2 5 4 60 101 32 42

4 25 6 7 8 9 19 456 67 142 36 5 1

143 1,168 139 201 101 116 73 348 67 90 93 113

3 0 1 24 9 mm — 1 487 2 , 1 4 7 394 1 , 3 4 0 415 276 845 4 , 0 4 3 l , 0 2 4 1 , 2 4 6 826 887

17 349 5 1 36 58 115 1,163 9 , 5 6 4 1 , 0 8 6 2,986 1,270 1 ,415

190 2,027 204 559 109 207 56 590 57 136 4o 45

168 1 , 4 3 0 114 474 219 271 660 4 , 4 i o 560 1 , 5 2 1 744 728 89 1,107 151 296 158 164

431 3 , 4 4 2 330 1 , 0 3 2 361 366 499 4 , 1 2 0 480 953 439 485

76 300 82 140 101 72 88. 218 i l l 181 148 313

160 2,110 138 191 112 125 5 , 8 2 7 4 5 , 3 0 0 5: ,612 11,017 5 , 3 1 1 6,027

3 , 2 8 4 1 9 , 3 1 4 2 , 6 4 9 4 , 7 8 4 2,656 2,606 4 , 0 2 7 27,438 3,660 6,098 3 , 6 3 4 4 , 0 9 2 3 , 1 8 1 19,227 2,790 4 , 6 9 1 2 , 7 1 4 2 , 6 4 9

276 852 162 497 267 427 111 1 , 1 1 5 154 275 100 92 264 2 , 9 1 1 455 540 480 885 115 3 4 l 30 5 9 mm mm

9 549 6 — « . 28 3 28 648 22 13 6 6

941 9 , 7 4 2 l , ,256 3 , 4 9 9 1 , 0 9 5 1 , 3 0 5

746 5 , 1 3 4 856 2 , 8 2 4 827 998 136 2 , 4 2 4 260 475 165 199

6 490 94 193 6 1 91 1 103 2 1 2 7

38 1,472 39 4 11 7 5 74 3 — — mm mm

17 151 4 38 18 18 42 770 4o 121 5 9

215 3 , 0 1 6 127 194 126 103

585 4 , 1 8 3 525 1 , 0 6 7 433 500

See f o o t n o t e s on f i r s t t a b l e ,

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

11 .4 .2 (b) CONDITION OF WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS, AUGUST 9 , 1961 ( C o n t ' d )

F e d e r a l R e s e r v e D i s t r i c t

Chicago S t . Lou i s

Minne-a p o l i s

Kansas C i t y D a l l a s San

F ranc i s c i ( I n m i l l i o n s o f d o l l a r s )

1 5 , 3 9 2 3 , 1 3 5 1 , 7 3 8 4 , 0 6 6 5 , 0 7 4 24 ,650 1 5 , 2 7 3 3 , 0 7 4 1 , 7 0 3 3 , 9 7 8 5 , 0 1 4 2 4 , 4 4 7

8 , 6 4 0 1 , 9 2 1 1 , 1 0 2 2 , 3 8 9 3 , 0 1 6 1 5 , 4 4 9 3 , 8 4 4 791 502 1 , 0 4 5 1 , 5 2 3 5 , 3 1 0

34 18 24 183 32 738

45 10 1 17 7 202 43 5 2 1 55 103

3 1 4 mm mm 4 5 7 243 29 8 3 1 227 58

638 98 68 119 82 393 212 8 9 28 111 149 390 4o - - - - - - — ~ 197

1 , 5 1 3 297 2 0 1 341 223 5 , 3 3 9 2 , 0 6 8 574 283 554 776 3 , 1 7 8

119 61 35 88 60 203 4 , 8 9 4 919 466 1 , 2 4 2 1 , 5 8 0 6 , 7 4 2

888 70 63 183 191 695 2 1 1 20 1 1 54 50 270

655 245 101 224 190 1 , 2 5 4 2 , 5 1 6 480 223 636 683 3,4O4

624 104 68 145 466 1 , 1 1 9 1 , 7 3 9 234 135 347 4 l 8 2,256 1 , 7 1 7 403 194 468 571 2 , 4 3 3

162 42 16 4 9 55 265 336 145 72 307 4 4 1 284 341

, 5 9 53 96 185 926 1 9 , 1 8 2 4 , 1 0 9 2 , 3 0 8 5 , 4 5 1 6,767 3 0 , 3 4 2

7 , 7 0 9 1,658 900 2 , 2 8 6 2,675 1 1 , 4 7 7 1 1 , 3 2 6 2,786 1 , 6 0 5 3 , 8 8 2 4 , 3 1 0 1 4 , 1 8 8

7 , 9 4 0 1 , 8 2 2 998 2 , 4 4 5 2,856 11 ,844 791 l 4 o 109 269 195 791 504 67 64 79 149 369

1 , 8 7 9 736 4o6 1 , 0 5 2 1 , 0 4 5 558 1 5 w mm — m. 7

16 * M- mm m* 4 86 48 4 5 3 13 96

5 , 6 6 5 868 455 1,003 1 , 6 4 5 12 ,964

4 , 6 3 3 668 333 802 780 10 ,354 736 150 112 154 564 1 , 0 1 9 194 42 6 44 287 1 , 2 9 1

1 1 2 - - 1 6 15 77 2 2 — — — — 226

' 5 - - 1 9 107 5 - - 7 3 3 1

76 12 7 13 128 216 393 68 43 60 84 876

1,615 370 198 486 597 2,067

A S S E T S T o t a l l o a n s and i n v e s t m e n t s Loans and i n v e s t m e n t s a d j u s t e d l / Loans a d j u s t e d l /

Commercial and i n d u s t r i a l l o a n s A g r i c u l t u r a l l o a n s Loans t o b r o k e r s and d e a l e r s f o r p u r c h a s i n g

o r c a r r y i n g : U. S . G o v t , s e c u r i t i e s O t h e r s e c u r i t i e s

O the r l o a n s f o r p u r c h a s i n g o r c a r r y i n g : Uo S . G o v t , s e c u r i t i e s O the r s e c u r i t i e s

Loans t o nohbank f i n a n c i a l i n s t i t u t i o n s : S a l e s f i n a n c e , p e r s o n a l f i n a n c e , e t c . O the r

Loans t o f o r e i g n b a n k 6 R e a l e s t a t e l o a n s Othe r l o a n s

Loans t o d o m e s t i c commerc i a l "banks U. S . Government s e c u r i t i e s - t o t a l

T r e a s u r y b i l l s T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s T r e a s u r y n o t e s and U. S . bonds m a t u r i n g :

W i t h i n 1 y e a r 1 t o 5 y e a r s A f t e r 5 y e a r s

Othe r s e c u r i t i e s R e s e r v e s w i t h F . R. Banks Cur rency and c o i n B a l a n c e s w i t h d o m e s t i c b a n k s Other a s s e t s - n e t T o t a l a s s e t s / l i a b i l i t i e s

L I A B I L I T I E S Demand d e p o s i t s a d j u s t e d 2 / Demand d e p o s i t s - t o t a l 3/

I n d i v i d u a l s , p a r t n e r s h i p s , and c o r p o r a t i o n s S t a t e s and p o l i t i c a l s u b d i v i s i o n s U. S . Government Domest ic i n t e r b a n k : Commercial

Mutua l s a v i n g s F o r e i g n : G o v t s . , o f f i c i a l i n s t s . , e t c .

Commercial b a n k s Time and s a v i n g s d e p o s i t s - t o t a l h j

I n d i v i d u a l s , p a r t n e r s h i p s , and c o r p o r a t i o n s : S a v i n g s d e p o s i t s O the r t i m e d e p o s i t s

S t a t e s and p o l i t i c a l s u b d i v i s i o n s Domest ic i n t e r b a n k F o r e i g n : G o v t s . , o f f i c i a l i n s t s . , e t c .

Commercial b a n k s B o r r o w i n g s : From F . R. Banks

From o t h e r s O the r 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

See f o o t n o t e s on f i r s t t a b l e .

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

li A .3 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES New York C i t y

Aug. Change s i n c e Aug. Change s i n c e 9, Aug. Aug. 10, 9 , Aug • 2 , Aug. 10.

1961 1961 i 9 6 0 1961 1961 I960 A S S E T S ( I n m i l l i o n s of d o l l a r s )

T o t a l l o a n s and i n v e s t m e n t s 2 7 , 8 9 6 - 795 +2 ,235 8 , 0 2 1 12 + 4 l 8 Loans and i n v e s t m e n t s a d j u s t e d l / 27 ,610 - 407 +2 ,429 7 ,943 - 46 + 394 Loans a d j u s t e d l / 17 ,256 - 367 - 7 4 , 5 4 o - 2 - 147

Commercial and i n d u s t r i a l l o a n s 10 ,292 - 155 - 43 2 , 6 3 3 + 11 • 174 A g r i c u l t u r a l l o a n s 3 - 2 17 Loans t o b r o k e r s and d e a l e r s f o r p u r c h a s i n g

17

or c a r r y i n g : U. S . Gov t . s e c u r i t i e s 306 - 164 + 4 i 34 - 15 - 15 Othe r s e c u r i t i e s 1 , 2 3 1 - 43 + 360 161 + 17 - 18

Other l o a n s f o r p u r c h a s i n g o r c a r r y i n g ; U. S . Gov t . s e c u r i t i e s 20 — — - 8 17 + 3 Othe r s e c u r i t i e s 421 + 1 + 86 186 _ 5 + 28

Loans t o nonbank f i n a n c i a l i n s t i t u t i o n s : S a l e s f i n a n c e , p e r s o n a l f i n a n c e , e t c . 1 , 0 7 2 + 1 - 46o 372 16 - 138 Other 310 + 3 - 5 130 + 5 + 55

Loans t o f o r e i g n banks 293 - 3 - 132 39 - 1 Real e s t a t e l o a n s 771 + 7 - 78 271 + 2 + 28 Other l o a n s 2 , 9 7 6 - 14 + 262 832 mm 1 + 96

Loans t o d o m e s t i c commercial, b a n k s 286 3 88 - 194 78 + 58 + 24 U. S . Government s e c u r i t i e s - t o t a l 7 ,814 - 44 +2 , 0 5 6 2 , 5 2 9 - 56 + 430

T r e a s u r y b i l l s 1,8.14 - 38 + 763 6 4 l _ 66 + 373 T r e a s u r y c e r t i f i c a t e s of i n d e b t e d n e s s 513 - 8 169 113 - 2 + 59 T r e a s u r y n o t e s and U. S . bonds m a t u r i n g :

169 113 59

With in 1 y e a r 1 , 1 4 7 - 56 +1 ,084 330 + 24 + 279 1 t o 5 y e a r s 3 , 5 1 4 + 57 + 108 1 , 2 3 8 - 6 - 136 A f t e r 5 y e a r s 826 -f- 1 - 68 207 6 • 145

Other s e c u r i t i e s 2 , 5 4 0 + 4 + 380 874 + 12 + 111 R e s e r v e s w i t h F . R. Banks 3 , 6 2 3 + 179 - 107 984 - 87 + 12 Currency and c o i n 180 - 2 + 30 39 + 1 + 3 B a l a n c e s w i t h d o m e s t i c b a n k s 77 + 7 + 15 124 + 5 - 16 Other a s s e t s - n e t 1 , 9 5 0 + 37 + 301 172 4- 7 + 46 T o t a l a s s e t s / l i a b i l i t i e s 3 7 , 5 4 7 - 764 + 2 , 8 7 1 1 0 , 0 4 7 ~ 159 + 449

Chicago

L I A B I L I T I E S Demand d e p o s i t s a d j u s t e d 2 / Demand d e p o s i t s ~ t o t a l 3 /

I n d i v i d u a l s , p a r t n e r s h i p s , and c o r p o r a t i o n s S t a t e s and p o l i t i c a l s u b d i v i s i o n s U. 8 . Government Domestic i n t e r b a n k : Commercial

Mutual s a v i n g s F o r e i g n : G o v t s . , o f f i c i a l i n s t s e t c *

Commercial b a n k s Time and s a v i n g s d e p o s i t s - t o t a l k /

I n d i v i d u a l s , p a r t n e r s h i p s , and c o r p o r a t i o n s : Sav ings d e p o s i t s Other t ime d e p o s i t s

S t a t e s and p o l i t i c a l s u b d i v i s i o n s Domestic i n t e r b a n k F o r e i g n : ' G o v t s . , o f f i c i a l i n e t s . , e t c .

Commercial b a n k s Bor rowings : From F . R. Banks

From o t h e 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

15,949 -

ll'M: 234 -937 -

2 , 8 3 0 -297 + 548 -633 -

6 , 7 3 9 +

2 ,685 + 2 , 1 2 1 -

253 + 99

1 , 4 6 9 + 72 +

123 + 719 +

2 , 7 9 2 + 3 , 6 3 7 +

248 - 77 4 , 2 4 9 + 29 - 30 969 + 298 6 , 4 8 7 - 149 um 61 324 NA 4 , 4 5 6 - 51 NA

31 - 38 360 - 1 + 22 301 - 126 271 - 110 - 3 1 230 NA 1 , 2 6 0 + 29 NA

l NA l NA 1 NA 16 + 3 NA

79 NA 36 — 2 NA 11 +2 , 118 2 , 3 5 4 + 10 + 462

12 NA l , 8 o 4 Hb 3 NA 19 NA 446 + 5 NA

5 + 77 13 — w - 1 ~ ~ NA 7 NA

4 NA 77 + 2 NA 4 NA 5 ~ «. NA

47 + 116 35 + 35 + 35 8 1 - 333 61 60 - 115 58 + 494 202 4 5 + 48 8 + 178 908 •» — + 90

y E x c l u s i v e of l o a n s t o domest ic commercial banks and a f t e r deduct ion of v a l u a t i o n r e s e r v e s ; i n d i v i d u a l l oan i tems are shown g r o s s .

2 / I n c l u d e s a l l demand d e p o s i t s except those of U. S . Government end domestic commercial bonks , l e s s ca sh i t e m s i n p r o c e s s of c o l l e c t i o n . Year-ago comparison e x c l u d e s change in d e p o s i t s due t o mu tua l s a v i n g s banks.

3 / Inc ludes c e r t i f i e d and o f f i c e r s checks not shown s e p a r a t e l y . y I n c l u d e s t ime d e p o s i t s of U. 8 . Government and p o s t a l s a v i n g s no t shown s e p a r a t e l y . NA - no t a v a i l a b l e .

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