5°VfV

Hill * f^AL

F E D E R A L R E S E R V E

s t a t i s t i c m r e l e a s e

H.4.2 For Immediate release September 19, 1962

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

The condition statement of weekly report ing member banks in leading c i t i e s

shows the following pr inc ipa l changes fo r the week ended September 12: Increases of

$7^6 mil l ion in loans adjusted, $1,195 mill ion in demand deposits adjusted, and

$310 mil l ion in demand deposits credi ted to domestic commercial banks; and decreases

of $453 mil l ion in holdings of U. S. Government s ecu r i t i e s and $1,204 million in

U. S. Government demand deposi ts .

Commercial and indus t r i a l loans increased a net of $198 mill ion; during

the comparable week a year ago, these loans increased $180 mi l l ion . Loans to brokers

and dealers f o r purchasing or carrying U. S. Government secur i t i e s increased $523 mill ion,

and t h e i r loans f o r purchasing or carrying "other" secur i t i e s Increased $64 mil l ion.

Loans to sa les and personal f inancing i n s t i t u t i ons decreased $159 mill ion and loans

to "other" nonbank f inanc i a l i n s t i t u t i ons increased $17 mil l ion, as compared with

increases of $12 mil l ion and $34 mil l ion, respect ively, during the similar week in

1961. Real e s ta te loans increased $82 mi l l ion . Other loans increased $26 mil l ion.

A l l categories of U. S. Government secur i t i e s held by weekly reporting

member banks decreased: Treasury b i l l s by $160 mi l l ion , Treasury c e r t i f i c a t e s

by $18 mil l ion, and the combined t o t a l of Treasury notes and U. S. Government bonds

by $275 mi l l ion . "Other" secur i t i e s Increased $264 mi l l ion .

Demand deposits adjusted increased in a l l but one d i s t r i c t and included

increases of $435 mil l ion in New York City, $139 mil l ion in the Chicago D i s t r i c t ,

$118 mil l ion in the Cleveland D i s t r i c t , $116 mil l ion in the San Francisco Di s t r i c t ,

and $106 mil l ion in the Boston D i s t r i c t . Savings deposits increased $6l mill ion

and "other" time deposits of individuals , par tnerships , and corporations increased

$146 mi l l ion .

Borrowings of weekly report ing member banks from Federal Reserve Banks

increased $89 mi l l ion and borrowings from others increased $144 mi l l ion . Loans to

domestic commercial banks decreased $97 mi l l ion .

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

11.4.2 CONDITION OP WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

A S S E T S Total loans and investments Loans and investments adjusted l / Loans adjusted 1/

Commercial and industrial loans Agricultural loans Loans to brokers and dealers for purchasing

or carrying: U. S. Govt, securities Other securities

Other loans for purchasing or carrying: U. S. Govt. securit ies Other securit ies

Loans to nonbank financial inst i tut ions: Sales finance, personal finance, e tc . Other

Loans to foreign banks Real estate loans Other loans

Loans to domestic commercial banks U. S. Government securities - to ta l

Treasury b i l l s Treasury cer t i f ica tes of indebtedness Treasury notes and U. S. bonds maturing:

Within 1 year 1 to 5 years After 5 years

Other securities Reserves with F. R. Banks Currency and coin Balances with domestic banks Other assets - net Total a s se t s / l i ab i l i t i e s

L I A B I L I T I E S Demand deposits adjusted 2/ Demand deposits - t o t a l 3/

Individuals, partnerships, end corporations States and pol i t ica l subdivisions U. S. Government Domestic interbank; Commercial

Mutual savings Foreign: Govts., o f f i c i a l ins'ts., e tc .

Commercial banks Time and savings deposits - to ta l 4/

Individuals, partnerships, and corporations: Savings deposits Other time deposits

States and pol i t ica l subdivisions Domestic interbank

Govts., o f f i c i a l insts . , e tc . Commercial banks From F. R. Banks From others

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 y Exclusive of loans to domestic commercial

reserves; individual loan items are shown gross. 2/ Includes a l l demand deposits except those

banks, less cash items in process of collection.

S e p t . 12, 1962

Change G1nee S e p t . 5,

1962* Sept .13,

196.1

. Foreign:

Borrowings:

(in millions of dollars)

124,909 + 46o + 8 ,261 123,149 + 557 + 8 ,043

76,957 + 746 + 6 ,651 33,590 + 198 + 1,862

1 ,263 + 20 + 129

827 + 523 + 350 2 ,040 + 64 + 62

82 + 2 25 1 ,295 - 3 - 78

3,525 159 + 239. 2,648 + 17 + 796

681 - 23 + 122 14,810 + 82 + 1,709 17 ,931 26 + 1,649

1 ,760 97 + 218 30,917 - 453 - 2,254

3 ,034 « 160 - 2 ,423 2 ,921 18 + 1,4.13

7 ,312 102 + .1,';'., 12,486 96 - 3, "•> L

5,164 77 + 1,U34 15,275 + 264 + 3 ,6 46 12,783 + 37 + lit 3

1,670 •f 145 + 195 2 ,964 + 63 + 9 4,748 •» 37 + 187

l 6 l , 224 +2, 477 +10,090

62,094 +1; , 195 - 1 ,247 91,735 +2,110 + 1 ,778 66,878 +3,109 230

4,389 430 91 3,247 "I , 204 + 1 , 2 7 3

12,244 -4 310 ; 1 ^

+ 457 527 4- 1 + 33 611 + 3 13 964 1 + 17

47,897 •f 174 + 6,958

33,542 + 61 + 4,432 8 ,548 4 . 146 + 1,959 3,222 <w + 413

188 + 1 + 4i 2 ,107 - 36 + 65

123 4- 2 + 19 147 + 89 + 136

2,579 + 144 + 554 5,452 - 31 77

13 , 4 l4 9 + ?4l banks and af ter deduction of valuation

of U. S. Government and domestic commercial

3/ Includes cer t i f ied ana officers ' checks not shown separately. 5/ Includes time deposits of U. S. Government and postal savings not shown separately,

September 5 figures revised.

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

H.4 .2 (a ) CONDITION OF WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS, September 12, 1962

Federal Reserve District Boston New

York P h i l a -

de lphia Cleve-

land Rich-mond Atlanti

A S S E T S ( In m i l l i o n s of d o l l a r s )

To ta l loans and investments 4 ,851 37,163 4,584 9,655 * 4,496 4,883 Loans and investments ad jus t ed l / 4,815 36,628 4,524 9,534 < 4,44-1 4,777 Loans ad jus t ed l / 3,268 23,248 3,134 5,323 : 2,721 2,891

Commercial and i n d u s t r i a l loans 1,589 12,283 1,324 1,912 , 1,005 1,214 A g r i c u l t u r a l loans 6 37 3 3 13 34 Loans t o 'brokers and dea l e r s f o r purchasing

or ca r ry ing : U. S. Govt. s e c u r i t i e s 2 619 - - 32 2 6 Other s e c u r i t i e s 41 1,147 75 157 52 38

Other loans f o r purchasing or ca r ry ing : 4 U. S. Govt. s e c u r i t i e s 4 15 5 7 11 4

Other s e c u r i t i e s 22 434 56 138 35 42 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 :

145 1,263 Sales f inance , persona l f inance , e t c . 145 1,263 175 227 123 133 Other 99 748 81 84 124 155

Loans t o f o r e i g n banks 17 315 25 11 1 Real e s t a t e loans 525 2,556 427 1,457 465 334 Other loans 895 4,469 1,060 1,398 940 987

Loans t o domestic commercial banks 36 535 60 121 55 106 U. S. Government securit ies - to ta l 1,007 8,343 i , o i 4 2,686 1 , 3 H 1,434

Treasury b i l l s 99 1,384 47 174 95 152 Treasury c e r t i f i c a t e s of indebtedness 166 822 85 326 114 127 Treasury notes and U. S. bonds maturing:

Within 1 year 219 1,862 244 639 305 361 1 t o 5 years 375 2,872 442 1,276 589 634 A f t e r 5 years 148 1,403 196 271 208 160

Other s e c u r i t i e s 540 5,037 376 1,525 409 452 Reserves with F. R. Banks 504 4 ,131 459 900 46l 500 Currency and coin 92 380 87 165 124 82 Balances with domestic banks 152 215 170 220 164 345 Other a s s e t s - ne t 148 2,172 148 175 120 144 Tota l a s s e t s / l i a b i l i t i e s 6,254 48,900 5,937 : 11,884 5,898 6,626

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 / 3,219 19,227 2,635 4,706 2,762 2,613 Demand depos i t s - t o t a l 3/ 4,184 28,189 3,773 . 6,382 3,993 4,403

Ind iv idua l s , pa r t ne r sh ip s , and corpora t ions 3,297 19,952 2,874 4,912 2,966 2,897 S t a t e s and p o l i t i c a l subdivis ions 232 758 147 457 252 341 U. S. Government 173 997 139 282 143 131 Domestic in te rbank : Commercial 285 3,126 510 625 555 987

Mutual savings 113 354 34 5 7 — —

Foreign: Govts., o f f i c i a l inste. , e tc . 4 480 8 30 3 Commercial banks 28 688 28 16 6 9

Time and savings deposits - to ta l 4/ 1,147 11,849 1,357 4,067 1,274 1,530 Ind iv idua l s , p a r t n e r s h i p s , and corpora t ions :

1,147 11,849 1,357 4,067 1,274 1,530

. Savings depos i t s 853 6,407 948 3 ,151 970 1,105 Other time depos i t s 189 3,119 276 677 199 294

S t a t e s and p o l i t i c a l subdiv is ions 42 558 75 227 59 112 Domestic interbank 3 138 2 — - 1 11 Foreign; Govts., o f f i c i a l iqs ts . , e tc . 47 1,499 51 5 16 5

Commercial banks 7 , 75 3 5 Borrowings: From F. R. Banks 1 59 M M 2 1

From others 79 1,533 107 95 5 4o Other l i a b i l i t i e s 222 2,903 147 203 158 121

C A P I T A L A C C O U N T S 621 4,367 553 1,137 466 531

See footnotes on f i r s t table,

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, SEPTEMBER 12, 1962 (Cont 'd)

Federal Reserve D i s t r i c t Chicago S t .

Louis Minne-apo l i s

Kansas City Dallas San

Francisco

A S S E T S (In mi l l ions of d o l l a r s )

Tota l loans and investments 16,733 3,435 1,923 4,438 5,502 27,246 Loans and investments ad jus ted l / 16,633 3,331 1,886 4,327 5,402 26,851 Loans ad jus ted l / 9,524 2,107 1,225 2,676 3,375 17,465

Commercial and i n d u s t r i a l loans 4,080 810 571 1,121 1,747 5,934 Agr i cu l tu r a l loans 42 26 29 191 43 836 Loans t o brokers and dea le r s f o r purchasing

or car ry ing: U, S. Govt. s e c u r i t i e s 53 6 1 32 20 54 Other s e c u r i t i e s 248 74 18 17 47 126

Other loans f o r purchasing or carrying: U. S. Govt, s e c u r i t i e s 17 1 «•» W 5 3 10 Other s e c u r i t i e s 221 45 14 43 177 68

Loans t o nohfiank f i n a n c i a l i n s t i t u t i o n s : Sales f inance , personal f inance, e t c . 618 113 88 134 95 4 i l Other 405 1.02 32 122 198 498

Loans t o fo re ign banks 53 - - — — — 259 Real e s t a t e loans 1,806 338 211 397 274 6,020 Other loans 2,235 626 280 654 833 3,554

Loans t o domestic commercial banks 100 104 37 111 100 395 U. S. Government s e c u r i t i e s - t o t a l 4,562 922 480 1,226 1,552 6,380

Treasury b i l l s 242 85 24 153 i4o 439 Treasury c e r t i f i c a t e s of indebtedness 4 n 132 35 127 94 482 Treasury notes and U. S. bonds maturing:

Within 1 year 1,248 255 101 273 271 l , 534 1 t o 5 years 1,850 348 219 506 564 2,811 A f t e r 5 years ' 8.1.1 102 .101 167 483 l , 114

Other s e c u r i t i e s 2, 547 302 181 425 475 3,006 Reserves with F. R. Banks 1,762 407 209 460 576 2,4l.4 Currency and coin 191 49 20 57 64 359 Balances with domestic banks 309 171 72 326 488 332 Other a s s e t s - net 386 57 60 107 202 1,029 Total a s s e t s / l i a b i l i t i e s 21,078 4,537 2,593 5,983 7,433 34,10.1

L I A B I L I T I E S Demand depos i t s ad jus ted 2/ 7,455 1,685 851 2,291 2,765 11,885 Demand depos i t s - t o t a l 3/ 11,620 3,010 1,677 4,090 4,631 15,783

Ind iv idua l s , pa r tne r sh ips , and corporat ions 8, 201 1,934 1,051 2, 586 3,091 13,117 Sta tes and p o l i t i c a l subdivis ions 716' 142 78 26l 215 790 U. S. Government 480 96 62 129 .106 509 Domestic in terbank: Commercial 1,988 811 455 1,075 1,159 668

Mutual savings 1. m* *~ 5 mm mm w* w. 8 Foreign: Govts. , o f f i c i a l i n s t s . , e t c • 13 mm m» 4 69

Commercial banks 54 4 5 3 14 109 Time and savings depos i t s - t o t a l 4 / 7,002 1,015 659 1,277 1,958 14,762

Ind iv idua ls , pa r tne r sh ips , and corporat ions; 659 1,277 1,958

Savings depos i t s 5,430 667 336 966 959 11,750 Other time depos i t s 1,106 288 292 262 709 1,137

Sta te s and p o l i t i c a l subdivis ions 307 54 27 46 273 1,442 Domestic interbank 10

54 l 6 16

Foreign: Govts. , o f f i c i a l i n s t s . , e t c , 121 2 2 2 357 Commercial banks 14 2 17

Borrowings: From F. R. Banks 58 5 21 From o thers 183 30 3 23 99 382

Other l i a b i l i t i e s 503 71 46 70 104 904 C A P I T A L A C C O U N T S 1,712 406 208 523 641 2,249

See footnotes on f i r s t table .

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

H.4.3 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN HEW YORK AND CHICAGO New York City Chicago

"Sept . Change since S e p t . Change since 12,

1962 S e p t . 1962

Sept .13, 1961

12, 1962

Sep t .5 , 1962

Sept .13, 1961

A S S E T S ( In m i l l i o n s of d o l l a r s )

Total loans and investments 29,943 152 +1,175 8,666 4 8 +716 Loans and investments adjusted 1 / . 29,490 + 331 +1,192 8 ,64o 4 44 +718 Loans adjusted 1 / 19,031 4 491 +1,666 4,996 4 39 +393

Commercial and i n d u s t r i a l loans 11,075 + 69 4- 666 2,778 + 25 + 85 Agricul tura l loans 8 + 4 20 « 1 + 2 Loans t o brokers and dea lers f o r purchasing

or carrying: U. S. Govt, s e c u r i t i e s 601 4- 486 325 47 + 12 + 2 Other s e c u r i t i e s 1 ,089 + 54 - 161 185 1 + 31

Other loans f o r purchasing or carrying: U. S. Govt, s e c u r i t i e s 14 «•» - 6 13 4* 1 + 1 Other s e c u r i t i e s 4oo 4» 1 32 173 - — - 9

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 : 32

Sa les f inance , personal f inance , e t c . 1,128 - 133 + 34 369 » 4 - 9 Other 573 4 10 + 261 283 - 1 +143

Loans t o f o r e i g n banks 302 - 29 + 22 47 4 2 + 6 Real e s t a t e loans 1,082 + 27 4 304 357 4 4 + 84 Other loans 3,257 6 4- 306 894 + 2 + 74

Loans t o domestic commercial banks 453 179 17 26 36 - 2 U. S . Government s e c u r i t i e s - t o t a l 6 ,538 - 347 - i j ,504 2,149 - 10 -286

Treasury b i l l s 1,205 - 205 -l,049 147 - 68 -464 Treasury c e r t i f i c a t e s of indebtedness 659 - 5 4 173 211 4 . 43 +108 Treasury notes and U. S. bonds maturing:

Within 1 year 1,507 — 21 4- 245 701 4- 27 +286 1 t o 5 years 2 ,088 - 63 -1 ,179 787 - 15 -334 A f t e r 5 years 1,079 - 53 4 306 303 4 3 +118

Other s e c u r i t i e s 3 ,921 + 187 +1,030 1,495 4 15 +611 Reserves with F . R. Banks 3,706 4" 404 100 1,025 4- 59 + 37 Currency and co in 240 + 10 + 4o 44 - 2 + 3 Balances with domestic banks 61 6 9 92 «• 14 - 17 Other a s s e t s - net 1,974 13 58 201 1 + 34 Total a s s e t s / l i a b i l i t i e s 4o,4io +1, 336 +1,420 10,950 +154 +731

L I A B I L I T I E S Demand d e p o s i t s adjusted 2 / 15,867 + 435 - 951 4,019 63 -210 Demand d e p o s i t s - t o t a l 3 / 24,219 + 1> 037 - 7 6,458 65 -178

Indiv iduals , partnerships , and corporations 16,888 •f 945 873 4,426 +159 • -270 S t a t e s and p o l i t i c a l subdiv is ions 255 « 65 4 15 365 4 . 17 + 2 U. 8 . Government 834 •NH 397 4 360 235 -109 + 89 Domestic interbank: Commercial. 3,032 + 210 4* 212 1,282 4 9 - 15

Mutual savings 307 4- 5 + . 29 l Foreign: Govts. , o f f i c i a l i n s t s . , e t c . 477 13 4- 12 13 4* 5 + 1

Commercial banks 670 • 7 - 15 38 4 3 + 6 Time and savings depos i t s - t o t a l k j 8,187 4 70 +1,199 3,110 4- 25 +760

Indiv iduals , partnerships, and corporations : Savings d e p o s i t s 3,727 4 . • 22 +1, 011 2,284 4 9 +478 Other time d e p o s i t s 2, 519 + 82 + 255 662 4 . 19 +226

S t a t e s and p o l i t i c a l subdiv i s ions 193 - 8 57 18 ** + 5 Domestic interbank 130 4- 35 5 «*• w - l Foreign:- Govts., o f f i c i a l ins t s . , e t c . 1,495 - 27 58 121 3 + 4o

Commercial banks 74 + 1 3 13 **. « + 8 Borrowings: From F. R. Banks 59 -f 51 4" 51 26 4* 22 + 26

From others 1 ,487 4* 217 4* 2 66 105 4- 49 - 6 Other l i a b i l i t i e s 2,683 — 40 •* 230 285 - 6 + 79

C A P I T A L A C C O U N T S 3,775 4 1 4 . l 4 l 966 - 1 + 50

reserves ; ind iv idua l loan items are shown gross . 2 / Includes a l l demand depos i t s except those of U. 6 . Government and domestic commercial

"banks, l e s s cash items in process of c o l l e c t i o n .

3 / Includes c e r t i f i e d and o f f i c e r s checks not shown separate ly . %J inc ludes time depos i t s of U. S. Government and p o s t a l savings not shown separately .

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