BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) Ju ly 6, i960

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 June 29: Decreases of $130 mi l l ion in loans ad jus ted , $213 mi l l ion in holdings of U. S. Government s e c u r i t i e s , $412 mil -l i o n in reserve balances with Federal Reserve Banks, $979 mi l l i on in demand deposi ts ad jus ted , and $730 mi l l ion in borrowings, and an increase of $843 mi l l ion in U. S. Gov-ernment d e p o s i t s .

Commercial and i n d u s t r i a l loans increased $17 m i l l i o n . 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 decreased $255 m i l l i o n . 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 increased $65 m i l l i o n .

Holdings of Treasury b i l l s decreased $252 mi l l ion and holdings of the combined t o t a l of Treasury notes and U. S. Government bonds increased $47 m i l l i o n .

Demand depos i t s c red i t ed t o domestic banks increased $236 m i l l i o n . Time deposi ts other than interbank increased $138 m i l l i o n .

June 29, i960*

Change since June 29, i960* June 22, I960

Ju ly 1, 1959

A S S E T S ( In mi l l ions of doll Lars)

Tota l loans and investments 104,642 - 448 - 353 Loans and investments ad jus ted 1 / 103,392 - 384 - 84 Loans ad jus ted l / 68,659 - 130 +5,308

Commercial and i n d u s t r i a l loans 31,625 + 17** +3,143 Agr icu l tu ra l loans 946 + 8 + 63 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 202 - 232 - 91 Other s e c u r i t i e s 1,467 - 23 - 427

Other loans f o r purchasing or ca r ry ing : U. S. Govt, s e c u r i t i e s 135 - 7** - 22

Other s e c u r i t i e s 1,132 + 1** - 121 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 :

+ 7^3 Sales f inance , personal f inance, e t c . 4,575 + 75** + 7^3 Other 1,617 - 10** + 155

Loans t o fo re ign banks 740 - 1 + 144 Loans t o domestic commercial banks l , 250 - 64 - 269 Real e s t a t e loans 12,547 + 12 + 3^9 Other loans 15,134 + 31** +1,494

U. S. Government s e c u r i t i e s - t o t a l 25,359 - 213 -4,621 Treasury b i l l s 950 - 252 - 797 Treasury c e r t i f i c a t e s of indebtedness 874 - 8 -1,283 Treasury notes and U. S. bonds maturing:

Within 1 year 913 + 3 - 779 1 t o 5 years 17,973 + 42 + 277 Af t e r 5 years 4,649 + 2 -2,039

Other s e c u r i t i e s 9,374 - 4l - 771

Reserves with F . R. Banks 13,056 412 + 69 Currency and coin 1,269 + 48 + l44 Balances with domestic banks 3,003 + 285 + 22 Other a s s e t s - net 3,707 + 99 + 493 Total a s s e t s / l i a b i l i t i e s 136,217 - 847 - 651

L I A B I L I T I E S Demand depos i t s ad jus ted 58,628 - 979 -2,207 U. S. Government demand depos i t s 4,907 + 843 +1,851 Interbank demand depos i t s : Domestic banks 10,613 + 236 - 228

Foreign banks 1,407 + 23 - 116 Time depos i t s : Interbank 1,280 + 14 - 545

Other 31,088 + 138 + 121 Borrowings: From Federal Reserve Banks 63 - 460 - 398

From others 1,715 - 270 - 74 1J 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 . * Prel iminary (San Francisco D i s t r i c t ) . ** June 22 f i g u r e s rev ised (Atlanta D i s t r i c t ) .

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

H.4 .2(a ) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, JUKE 29, i960

Federal Reserve D i s t r i c t New Ph i l a - Cleve- I Rich-

Atlanta Boston York delphia land 1 mond Atlanta ( In mi l l i ons of d o l l a r s )

A S S E T S

Tota l loans and investments 4,350 31,014 4,073 8,423 3,485 4,114 I ] i 1 i 4,304 30,287 4 ,06 l 8,338 3,450 4,075 Loans ad jus ted 1 / 2,945 20,957 2,871 5,136 2,129 2,651 Commercial and i n d u s t r i a l loans 1,471 11,667 1,260 2,079 809 1,152 Agr i cu l tu ra l loans 7 24 2 4 9 18 Loans t o brokers and dea l e r s f o r

purchasing or ca r ry ing : 121 15 U. 8 . Govt, s e c u r i t i e s 3 121 1 15 2 5

Other s e c u r i t i e s 19 944 27 86 33 47 Other loans f o r purchasing or

4 carryings U. 8 . Govt, s e c u r i t i e s 4 29 7 19 6 13 Other s e c u r i t i e s 11 370 52 129 20 67

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 188 149 149 f inance , e t c . 188 1,730 199 311 149 149

Other 65 347 72 90 93 l l 4 Loans t o foreign, hanks 1 459 15 1 l Loans t o domestic commercial hanks 46 ' 727 12 85 35 39 Real e s t a t e loans 450 2,146- 364 1,299 367 255 Other loans 793 3,643 957 1,195 679 880

V. 8 . Government s e c u r i t i e s - t o t a l 976 6,581 867 2,326 1,045 1,101 Treasury h i l l s 25 476 28 114 9 51 Treasury c e r t , of indebtedness 24 380 23 110 35 50 Treasury notes and U. 8 . bonds

maturing: 76 47 72 Within 1 year 20 123 37 76 47 72

1 t o 5 years 704 4,443 628 1,773 773 759 A f t e r 5 years 203 1,159 151 253 181 169

Other s e c u r i t i e s 383 2,749 323 876 276 323

Reserves with F . R. Banks 483 4 , 4 l l 494 938 440 476 Currency and coin 73 278 68 147 83\ 67 Balances v i t h domestic banks 148 202 135 227 185' 339 Other a s s e t s - ne t 140 1,678 126 155 98 117 Tota l a s s e t s / l i a b i l i t i e s 5,584 41,431 5,316 10,493 4,662 5,575

L I A B I L I T I E S Demand depos i t s ad jus ted 3,036 17,893 2,610 4,627 2,310 2,542 U. S. Government demand depos i t s 228 1,631 221 436 180 171 Interbank demand depos i t s :

346 423 499 409 Domestic banks 346 3,350 423 499 409 703 Foreign banks 31 1,097 28 13 10 10

Time depos i t s : Interbank 14 974 19 3 4 Other 736 6,030 904 3,037 832 1,085

Borrowings: From F. R. Banks 2 3 2 4 2 From o thers 58 505 75 99 72 46

Other l i a b i l i t i e s 194 2,208 118 177 90 98

C A P I T A L A C C O U N T S 549 3,895 495 1,000 381 452

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

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

H.4.a(b) ASSETS AND LIABILITIES OF MEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, JUNE 29, i960

Federal Reserve Dj [ s t r i c t

Chicago S t .

Louis Minne-a p o l i s

Kansas City

1 San # 1 Francisco

A S S E T S Tota l loans and Investments Loans and Investments ad jus ted 1 / Loans ad jus ted 1 /

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 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

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 , 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 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

14,486 2,879 1,644 3,678 4,543 21,953 14,403 2 ,84 l l , 6 4 l 3,638 4,492 21,862 8,730 1,857 1,107 2,258 2,912 15,106 4,089 750 523 983 1,488 5,354

34 12 22 180 30 6o4

33 2 1 2 17 173 21 5 13 18 81

29 5 mm mm 6 9 8 192 24 7 26 180 54

877 162 70 153 129 458 148 8 2 . 20 92 130 364

39 " - - - 1 223 83 38 3 40 51 91

1,435 290 204 320 204 5,213 1,896 541 273 519 778 2,980

4,159 76l 4 n 1,049 1,237 4,846 58 11 10 4 l 30 97

104 18 6 48 24 52

173 72 25 65 68 135 3,006 584 300 747 820 3,436

818 76 70 148 295 1,126 1,514 223 123 331 343 1,910

1,811 384 158 483 531 2,447 165 4i 18 49 53 227 377 179 65 307 505 334 269 45 51 90 179 759

18,428 3,838 2,162 5,029 6,278 27,421

7,737 1,601 840 2,232 2,602 10,598 818 1'53 97 174 171 627

1,634 625 313 830 917 564 56 4 5 2 14 137 55 3 - - 4 204

4,749 681 381 778 1,291 10,584 7 - 13 18 12

244 56 62 78 156 264 324 60 43 50 89 897

1,484 345 182 445 555 1,845

1 / Exclusive of loans t o domestic commercial banks and a f t e r deduction of va lua t ion rese rves ; Indiv idual loan items are shown gross .

* Prel iminary.

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) June 30, i960

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES

New York City Chicago June

29, i960

Change s ince June 29,

i960

Change since June 29,

i960 June 22,

I960 J u l y 1,

1959

June 29,

i960 June 22,1

I960 1 IJuly l , I 1959

A S S E T S ( i n mi l l ions of dol] Lars) Tota l loans and investments 25,385 - 70 - 649 7,444 - 85 +199 Loans and investments ad jus ted 1 / 24,696 -271 - 589 7,403 - 54 +193 Loans ad jus ted 1 / 17,497 -117 + 909 4,728 - 11 +707

Commercial and i n d u s t r i a l loans 10,636 + 16 + 933 2,853 + 3 +436 Agr i cu l tu ra l loans 7 - - + 6 19

+ 3 + 5

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 117 -178 119 23 - 8 + 9 Other s e c u r i t i e s 920 - 15 - 467 144 + 5 + 26

Other loans f o r purchasing or 467

car ry ing : U. 8 . Govt, s e c u r i t i e s 27 - 5 - 13 19 mm mm + 3 Other s e c u r i t i e s 339 + 1 - 4o 159 - 2 + 5

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 . 1,574 + 77 + 235 549 - 4 +136

Other 322 - 9 + 46 73 + 5 + 4 Loans t o fo re ign banks 457 - 6 + 75 38 + 2 + 24 Loans t o domestic commercial banks 689 +201 60 41 - 31 + 6 Real e s t a t e loans 869 - 2 + 86 266 + 12 Other loans 2,639 + 4 + 198 723 - 12 + 6 l

U. S. Government s e c u r i t i e s - t o t a l 5,203 -128 -1 ,133 1,937 - 27 -462 Treasury b i l l s 435 -169 - 436 48 - 13 - 92 Treasury c e r t , of indebtedness 352 6 + 7 60 - 1 -163 Treasury notes and U. S. bonds

maturing: Within 1 year 87 + 10 - 366 54 + 3 - 65 1 t o 5 years 3,447 + 23 + 134 1,361 + 18 + 8 Af te r 5 years 882 + 14 472 4l4 - 34 -150

Other s e c u r i t i e s 1,996 26 - 365 738 - 16 - 52

Reserves with F. R. Banks 3,939 - 84 + 278 1,033 - 56 - 10 Currency and coin 164 + 10 + 18 39 + 1 - 1 Balances with domestic banks 63 + 7 - 15 163 + 31 + 10 Other a s s e t s - ne t 1,539 + 84 + 322 115 + 4 + 12 Tota l a s s e t s / l i a b i l i t i e s 34,638 -207 - 444 9,556 1 XJ1

+103

L I A B I L I T I E S Demand depos i t s ad jus t ed 14,928 -202 727 4,130 - 29 -107 U. S. Government demand depos i t s 1,425 +319 + 519 44o + 80 +155 Interbank demand depos i t s :

1,425 +319 519 + 80 +155 Domestic banks 3,238 +291 + 197 1,112 - 18 - 28 Foreign banks 1,091 + 22 - 103 44 mm mm - 3

Time depos i t s : Interbank 971 + 7 - 46o 48 + 2 + 16 Other 2/3,504 + 5 51 1,867 + 9 + 43

Borrowings: From F . R. Banks " " " " -110 48 7 -203 - 38 From others 481 -454 159 160 + 48 + 87

Other l i a b i l i t i e s 2,042 + 71 + 663 160 + 2 + 50

C A P I T A L A C C O U N T S 3,410 2 f 123 826 + 4 + 35

1 / 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 g ross .

2 / Includes savings deposi ts of $2,202 mi l l ion , an increase of $2 mi l l ion from the previous Wednesday and $46 mi l l ion from a year e a r l i e r .

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