BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) December 23, 1959

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

The condi t ion statement of weekly repor t ing member banks in leading c i t i e s shows the fol lowing p r i n c i p a l changes f o r the week ended December 16: Increases 6f $1,506 m i l l i on in loans adjus ted , $1,609 mi l l ion in demand depos i t s ad jus ted , and $587 mi l l ion in U. S. Government demand depos i t s , and a decrease of $727 mi l l ion in borrowings from other than Federal Reserve Banks.

Commercial and i n d u s t r i a l loans increased $389 mi l l ion a t a l l r epor t ing member banks and 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 increased $407 mi l l ion , which r e f l e c t e d q u a r t e r l y t a x date needs. Loans t o "brokers and dea le r s f o r purchasing or carrying U. S. Government and other s e c u r i t i e s increased $607 m i l l i o n .

Holdings of U. S. Government s e c u r i t i e s decreased $212 m i l l i o n . Demand depos i t s c red i t ed t o domestic banks increased $512 m i l l i o n .

Increase or Dec. 16, decrease since

1959 Dec. 9, Dec. 17, 1959 1958

A S S E T S Tota l loans and investments Loans and investments ad jus ted l / Loans ad jus t ed l /

Commercial and i n d u s t r i a l loans Agr i cu l tu ra l loans Loans t o brokers and dea le r s f o r purchasing

or ca r ry ing : U. S. Govt, s e c u r i t i e s Other s e c u r i t i e s

Other loans f o r purchasing or ca r ry ing : U. S. Govt, s e c u r i t i e s

Other s e c u r i t i e s 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 :

Sales f inance , personal f inance, e t c . Other

Loans t o fo re ign banks Loans t o domestic commercial "banks 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 and U. S. bonds maturing:

Within 1 year 1 t o 5 years Af te r 5 years

Other s e c u r i t i e s

Reserves with F. R. Banks Currency and coin Balances with domestic banks Other a s s e t s - ne t Total 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 depos i t s ad ju s t ed U. S. Government demand depos i t s Interbank demand depos i t s : Domestic banks

Foreign banks Time depos i t s : Interbank

Other Borrowings: From Federal Reserve Banks

From others 1J Exclusive of loans t o domestic commercial banks and

re se rves ; ind iv idua l loan items are shown g ross . n . a . - Not ava i l ab l e on comparable b a s i s ; r epor t ing form revised Ju ly 8, 1959•

106,643 +1,168 +1,060 105,330 +1,350 n . a .

67,684 +1,506 n.a* 30,423 + 389 n.a#

919 + 2 + 83

607 + 346) 1,974 + 261) + 177

145 ) 1,187 - - ) + 46

4,221 + 407 n . a . 1,699 3 n . a .

784 - 13) - 505 1, 313 - 182) - 505

12,651 + 55 +1,196 14,434 + 59 n . a .

27,783 212 -6,853 2,300 - 69 - 39 1,113 - 26 -3,227

1,791 + 27) 15,969 - l 4 l ) -3,587

6,610 - 3) 9,863 + 56 - 299

13,463 + 328 - 665 1,350 + 8 + 36 3,061 + 403 - 46 3,251 - 46 + 173

140,333 +4,382 +2,305

63,446 +1,609 - 354 3,158 + 587 +1,006

11,550 + 512 - 296 1,533 + 38 - 23 1,304 - 36 - 822

30,230 + 37 + 258 391 - 2 - 74

1,499 - 727 + 400 a f t e r deduction of va lua t ic

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

BOARD OF GOVERNORS OF j?HE FEDERAL RESERVE SYSTEM H.4i3 (For immediate Release) December 17, 1959

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES

New Yorli Ci ty Chicago

Dec. 16,

1959

Increase or decrease since Dec.

16, 1959

Increase or decrease since Dec.

16, 1959 Dec. 9,

1959 Dec. 17,

1958

Dec. 16,

1959 Dec. 9, 1959

Dec. 17, 1958

A S S E T S Total loans and investments 26,088 + 673 - 174 7,545 + 93 + 78 Loans and investments ad jus ted l / 25,597 + 844 n . a . 7,508 +107 n . a . Loans ad jus t ed l / 18,265 4" 762 n . a . 4,444 +175 n . a .

Commercial and i n d u s t r i a l loans 10,596 4* 158 n . a . 2,622 +109 n . a . Agr i cu l t u r a l loans 4 - - + 2 21 - - + 8 Loans to brokers and dea le rs f o r

purchasing or car ry ing: - 4o U. S. Govt, s e c u r i t i e s 386 + 215 - 13 39 + 12 - 4o

Other s e c u r i t i e s l , 4o6 4- 206 4" 202 155 + 19 + 8 Other loans f o r purchasing or

l , 4o6

carrying: U. S. Govt. s ees . 31 4- 1 + 2 17 - - - 7 Other s e c u r i t i e s 379 ~ 1 + 29 159 + 2 + 31

Loans to nonbanlc 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 i nance , e t c . l , 4 l 6 + 146 n . a . 492 + 21 n . a .

Other 330 - 9 n . a . 95 - - n . a . Loans t o fo re ign banks 492 - 11) 208 20 + 1) Loans t o domestic commercial banks 491 - 171) + 208 37 - 14) Real e s t a t e loans 961 4- 31 + 298 256 + 2 + 38 Other loans 2,658 4- 26 n . a . 695 + 8 n . a .

U. S. Government s e c u r i t i e s - t o t a l 5,132 + 44 -2 ,334 2,302 - 62 -585 Treasury b i l l s 705 4- 90 4- 112 129 - 51 -154 Treasury c e r t , of indebtedness 197 - 24 - 927 104 - 1 -273 Treasury notes and U. S. bonds

maturing: Within 1 year 152 - 1) 114 - 2) 1 t o 5 years 2,749 ~ 25) -1 ,519 1,396 - 11) -158 A f t e r 5 years 1,329 + 4) 559 + 3)

Other s e c u r i t i e s 2,200 4- 38 - 124 762 - 6 + 50 Reserves wi th F . R. Banks 3,708 - 136 - 317 1,168 + 90 - 38 Currency and coin 210 - 2 + 10 4 l - 1 Balances with domestic banks 67 4* 10 4- 2 117 - 14 - 18 Other a s s e t s - ne t 1,206 - 43 + 18 94 - 5 + 2 Total a s s e t s / l i a b i l i t i e s 35,650 +1 ,598 4- 497 9,891 +339 +159

L I A B I L I T I E S Demand depos i t s ad jus t ed 16,258 4- 682 - 268 4,442 + 16 -162 U. S. Government demand depos i t s 916 + 105 4* 372 257 + 76 + 79 Interbank demand depos i t s :

3,045 145 1,154 + 36 Domestic banks 3,045 4- 145 + 15 1,154 + 36 -101 Foreign banks 1,226 4- 34 - 1 35 - 3 - 4

Time depos i t s : Interbank 970 - 35 - 728 23 - - 9 Other 2/3,405 4- 5 - 19 1,844 4- 2 + 46

Borrowings: From F . R. Banks — — - 3 - 70 102 + 94 + 91 From o thers 673 - 357 4- 178 170 - 44 + 62

Other l i a b i l i t i e s 1,477 - 73 - 11 138 - 6 - 5

C A P I T A L A C C O U N T S 3,309 - 1 4- 71 800 - 8 + 27

_l/ Exclusive of loans to domestic commercial banks and a f t e r deduction of valuat ion reserves ; ind iv idua l loan items are shown gross .

2/ Includes savings deposi ts of $2,096 mi l l i on , a decrease of $2 mi l l ion from the previous Wednesday and an increase of $95 mi l l ion from a year e a r l i e r .

n . a . - Not ava i l ab le on comparable ba s i s ; r epor t ing form rev ised Ju ly 8, 1959*

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HA.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, DECEMBER 16, 1959

( i n Billions of dollars) Federa l Reserve D i s t r i c t

Boston New York

Ph i l a -delphia

Cleve-I land 1

1 Rich-mond At lan ta

A S S E T S

Tota l loans and investments 4,317 31,640 4,029 8,476 3,589 4,239 Loans and investments ad jus t ed l / 4,283 31,127 3,976 8,407 3,525 4,197 Loans ad jus t ed l / ~ 2,811 21,554 2,700 4,969 2 ,06 l 2,585

Commercial and i n d u s t r i a l loans 1,370 11,560 1,145 1,912 762 1,122 A g r i c u l t u r a l loans 9 21 2 4 7 18 Loans t o brokers and dea le r s f o r

purchasing or car ry ing: : 409 8 U. S . Govt, s e c u r i t i e s 3 : 409 10 71 8 2

Other s e c u r i t i e s 25 1,423 37 93 32 38 Other loans f o r purchasing or

carrying: U, S, Govt, s e c u r i t i e s 3 I 33 11 25 9 7 Other s e c u r i t i e s 12 403 52 133 20 74

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 :

Sales f i n a n c e , personal f i nance , e t c . 180 1,543 174 294 132 138

Other 84 367 83 104 99 130 Loans t o fo re ign banks 1 498 12 " 1 1 Loans t o domestic commercial banks 34 513 53 69 64 42 Real e s t a t e loans 435 2,207 344 1,301 366 260 Other loans 752 3,590 910 1,121 661 839

U. S. Government s e c u r i t i e s - t o t a l 1,119 6,584 922 2,597 l , l 4 l 1,264 Treasury b i l l s 154 806 82 357 45 127 Treasury c e r t , of indebtedness 84 219 24 87 4 l 74 Treasury notes and U. S. bonds

maturing: 38 206 88 Within 1 year 32 219 38 206 88 139

1 t o 5 years 597 3,626 537 1,596 667 710 A f t e r 5 years 252 1,714 241 351 300 214

Other s e c u r i t i e s 353 2,989 354 841 323 348

Reserves wi th F , R. Banks 559 4,197 550 1,007 457 501 Currency and coin 85 335 75 151 87 69 Balances with domestic banks 128 227 167 229 148 354 Other a s s e t s - ne t 121 1,337 113 149 98 111 Total a s s e t s / l i a b i l i t i e s 5,651 42,445 5,402 10,662 4,815 5,903

L I A B I L I T I E S

Demand depos i t s a d j u s t e d 3,222 19,397 2,818 5,056 2,474 2,601 U. S. Government demand depos i t s 144 1,074 158 288 114 114 Interbank demand depos i t s :

1,074

467 Domestic banks 369 3,157 467 581 519 958 Foreign banks 32 1,229 1 27 10 8 12

Time depos i t s : Interbank 21 973 10 3 6 Other 716 5,765 808 2,928 797 1,024

Borrowings: 16 From F . R. Banks 13 37 16 23 10 21

From o thers 36 733 50 22 23 14 Other l i a b i l i t i e s 127 1,599 92 135 75 91

C A P I T A L A C C O U N T S 530 3,772 : 488 969 356 433 3,772

l / Exclusive of loans t o domestic commercial banks and a f t e r deduction of va lua t ion rese rves ; ind iv idua l loan items are shown gross .

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H.4.2(b) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, DECEMBER 16, 1959 (Cont 'd)

( in mi l l ions of d o l l a r s ) Federal Reserve Dj Lstr ic t

Chicago S t . Louis

Minne-apo l i s

Kansas City Dallas San

Francisco A S S E T S

Total loans and investments Loans and investments ad jus ted 1 / Loans ad jus ted 1 /

Commercial end i n d u s t r i a l loans Agr icu l tu ra l loans Loans t o brokers and dea le r s f o r

purchasing or ca r ry ing : U. S. Govt. s e c u r i t i e s Other s e c u r i t i e s

Other loans f o r purchasing or car ry ing : U. S. Govt, s e c u r i t i e s

Other 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 : Sales f inance , personal

f inance, e t c . Other

Loans t o fo re ign banks Loans t o domestic commercial banks 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 , of indebtedness Treasury notes and U. S. bonds

maturing: Within 1 year 1 t o 5 years A f t e r 5 years

Other s e c u r i t i e s

Reserves with F„ R. Banks Currency and coin Balances with domestic banks Other a s s e t s - ne t Total 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 depos i t s ad jus ted U. S. Government demand depos i t s Interbank demand depos i t s :

Domestic banks Foreign banks

Time depos i t s : Interbank Other

Borrowings: From F. R. Banks Prom 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

14,539 3,076 1,668 3,800 4,624 22,646 14,457 3,039 l , 662 3,724 4,572 22,361

8,275 1,876 1,069 2,253 2,917 14,6l4 3,722 794 467 968 l , 538 5,063

37 11 23 193 32 562

6 l 3 . . 6 5 29 196 24 7 13 13 73

26 6 7 9 9 193 24 6 31 184 55

821 150 87 153 142 407 185 90 24 89 113 331

21 «. - - - — - 250 82 37 6 76 52 285

1,412 290 206 328 207 5,295 1,800 512 265 499 724 2,761

4,683 915 443 1,146 1,294 5,675 256 103 16 105 59 190 196 35 9 78 39 227

285 109 58 94 99 424 2,773 494 259 657 776 3,277 1,173 174 101 212 321 1,557 1,499 248 150 325 36l 2,072

1,969 419 159 563 547 2,535 165 41 17 46 53 226 365 160 66 338 516 363 240 45 44 90 222 681

18,855 4,156 2,220 5,377 6,501 28,346

8,247 1,688 859 2,461 2,782 11,84i 471 97 80 115 128 375

1,743 848 356 950 1,050 552 46 4 4 2 16 143

29 3 *# mm 1 7 251 4,628 661 380 757 1,222 10,544

185 16 3 58 4 5 222 36 50 22 89 202 281 52 42 44 123 770

1,426 336 180 427 541 1,768

l / Exclusive of loans t o domestic commercial banks and a f t e r deduction of va lua t ion r e se rves ; ind iv idua l loan items are shown gross .

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