BOARD OP GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) September 7, i960

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The condition statement of weekly reporting member banks in leading c i t i e s shows

the following principal changes for the week ended August 31, i960: Increases of $163 million in loans adjusted, $231 million in holdings of U. S. Government securities, $204 million in reserve balances with Federal Reserve Banks, $284 million in demand deposits adjusted, and $199 million in demand deposits credited to domestic banks.

Commercial and industrial loans increased $69 million. Loans to brokers and dealers and loans to others for purchasing or carrying U. S. Government and other securities increased $17 million. Loans to nonbank financial institutions increased $29 million. Other loans increased $37 million.

Holdings of Treasury b i l l s increased $217 million. Borrowings of weekly reporting member banks from Federal Reserve Banks increased

$211 million and borrowings from others increased $35 million. Loans to domestic commercial banks increased $20 million.

August 31, i960*

Change since August 31,

i960* Aug. 24,

I960 Sept. 2,

1959 A S S E T S (In millions of doll Lars)

Total loans and investments 106,193 + kkk +1; 331 Loans and investments adjusted 1/ 104,852 + k2k 095 Loans adjusted 1 / 67,942 + 163 +3, 318

Commercial and indus t r ia l loans 30,966 + 69 974 Agricultural loans 1,016 + 5 + 103 Loans to brokers and dealers for purchasing

or carrying: U. S. Govt, secur i t ies 474 + 8 + 135 Other secur i t ies 1,392 + k - 294

Other loans for purchasing or carrying: U. 8 . Govt, secur i t ies 147 + k - 18

Other secur i t ies 1,134 + 1 - 139 Loans t o nonbank f inancia l ins t i tu t ions 1

Sales finance, personal finance, e t c . 4,183 + 12 + 149 Other 1,651 + IT + 108

Loans to foreign banks 674 + 2 + 35 Loans t o domestic commercial banks 1,341 + 20 + 236 Real es ta te loans 12,566 + 6 + 221 Other loans 15,193 + 37 +1, 137

U. S. Government secur i t ies - t o t a l 27,381 + 231 -1, 676 Treasury b i l l s 2,612 + 217 + 315 Treasury c e r t i f i c a t e s of indebtedness 1,309 - 6 + 216 Treasury notes and U. S. bonds maturing:

724 Within 1 year 724 + 23 - 979 1 t o 5 years 17,870 + 10 + 526 After 5 years 4,866 - 13 -1, 754

Other secur i t ies 9,529 + 30 - 547 Reserves with F. R. Banks 13,181 + 20k + 59 Currency and coin 1,189 - 43 + 66 Balances with domestic banks 2,648 + 24 - 73 Other assets - net 3,901 + 112 + 774 Total a s s e t s / l i a b i l i t i e s 137,527 679 +2, 822

L I A B I L I T I E S Demand deposits adjusted 58,887 + 284 -1, ,329 U. S. Government demand deposits 3,696 - 175 + 24 Interbank demand deposits: Domestic banks 10,771 + 199** - 71

Foreign banks 1,390 - 26** 116 Time deposits: Interbank 1,431 - 6 - 185

Other 31,858 + 56 +i, 151 Borrowings: From Federal Reserve Banks 309 + 211 - 125

From others 2,136 + 35 + 473 1/ Exclusive of loans to domestic commercial banks and a f t e r deduction of valuation

reserves; individual loan items are shown gross. * Preliminary (San Francisco District) . ** August 24 figures revised (New York District) . Digitized for FRASER

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

E.4.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, AUGUST 31, i960

Federal Reserve Distr ict Boston New Phila- Cleve- Rich-Boston York delphia land mond Atlanta

(In millions of dollars) A S S E T S

Total loans and investments 4,349 31,304 4,073 8,477 3,565 4,257 Loans and investments adjusted 1/ 4,324 30,947 3 ,981 8 ,401 3,497 4,143 Loans adjusted 1/ 2,910 20,563 2,793 5,055 2,119 2,619

Commercial and industr ia l loans 1,443 11,382 1,239 1,989 796 1,134 Agricultural loans 6 24 2 3 10 19 Loans to brokers and dealers for

purchasing or carrying: 244 16 U. S. Govt, securi t ies 9 244 1 22 16 2

Other securi t ies 17 878 17 85 36 48 Other loans for purchasing or

8 carrying: U. S. Govt, securi t ies 5 30 8 10 8 13 Other securi t ies 10 371 49 128 20 68

Loans to noribank f inancial ins t i tu t ions :

Sales finance, personal finance, e t c . 163 1,557 152 296 132 137

Other 69 342 75 96 94 118 Loans to foreign banks 1 422 15 1 1 Loans to domestic commercial banks 25 357 92 76 68 114 Real estate loans 458 2,122 369 1,307 372 253 Other loans 797 3,710 951 1,201 674 876

U. S. Government securi t ies - t o t a l 1,014 7,438 875 2,452 1,102 1,199 Treasury b i l l s 61 1,186 54 248 25 129 Treasury ce r t , of Indebtedness 48 518 32 121 58 77 Treasury notes and U. 8. bonds

maturing: Within 1 year 18 32 23 78 37 41 1 to 5 years 666 4,379 616 1,748 788 770 After 5 years 221 1,323 150 257 194 182

Other securi t ies 4oo 2,946 313 894 276 325

Reserves with F. R. Banks 530 4,481 486 1,001 436 488 Currency and coin 68 250 63 132 79 63 Balances with domestic banks 97 184 112 200 134 310 Other assets - net l4o 1,846 128 154 102 117 Total a s s e t s / l i a b i l i t i e s 5,549 41,915 5,260 10,535 4,686 5,695

L I A B I L I T I E S Demand deposits adjusted 2,974 17,732 2,552 4,728 2,325 2,579 U. S. Government demand deposits 177 1,190 184 338 122 123 Interbank demand deposits:

451 434 Domestic banks 361 3,101 451 521 434 780 Foreign banks 27 1,065 27 11 9 11

Time deposits: Interbank 18 1,089 25 3 6 Other 757 6,213 959 3,075 859 1,139

Borrowings: From F. R. Banks 4 76 - - 29 42 3 From others 113 1,065 30 71 33 24

Other l i a b i l i t i e s 196 2,575 130 180 105 110

C A P I T A L A C C O U N T S 557 3,959 504 1,011 384 46o

1/ Exclusive of loans to domestic commercial "banks and a f t e r deduction of valuation reserves; individual loan items are shown gross.

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

H.4.2(b) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, AUGUST 31, i960 (Cont'd)

Federal Reserve District Chicago St . Louis

Minne-[Kansasl 1 San apolis1 City 1 B1 Francisco

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

Commercial and industr ial loans Agricultural loans Loans to brokers and dealers for

purchasing or carrying: U. S. Govt, securi t ies Other securi t ies

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

Other securit ies Loans to nonbank financial

ins t i tu t ions: Sales finance, personal

finance, e t c . Other

Loans to foreign banks Loans to domestic commercial banks Real estate loans Other loans

U. S. Government securit ies - to ta l Treasury b i l l s Treasury cer t , of indebtedness Treasury notes and U. S. bonds

maturing: Within 1 year 1 to 5 years After 5 years

Other securit ies

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 U. S. Government demand deposits Interbank demand deposits:

Domestic banks Foreign banks

Time deposits: Interbank Other

Borrowings: From F. R. Banks From others

Other l i a b i l i t i e s

14,620 14,523 8,730 4,069

29

62 159

43 197

807 166 4l 97

1,449 1,924

4,316 227 157

128 3,020

784 1,477

1,893 152 347 283

18,643

7,803 608

1,807 54 61

4,851 94

159 352

2,903 2,854 1,860

757 15

6 26

1,668 1,650 1,126

531 22

3,770 3,707 2,290

982 194

4,670 4,568 2,883 1,483

31

22,537 22,257 14,994 5,161

661

8 24

138 83

49 291 544

778 46 24

71 544 91

216

4o4 38

156 48

3,856

1,613 108

640 5 3

703 13 44 73

4 18 18 72 5 17 21 83

6 9 7 7 27 181 52

72 145 117 467 23 92 121 372

- - - - 193 18 63 102 280

204 321 205 5,215 276 524 752 2,964

402 1,103 1,341 5,361 12 71 96 455 8 65 33. 168

20 67 90 119 296 754 817 3,472

66 146 305 1,147 122 314 344 1,902

181 476 515 2,290 16 45 51 232 61 288 449 310 50 90 172 771

2,223 5,102 6,296 27,767

84o 2,269 2,668 10,8o4 69 134 130 513

385 876 897 518 4 3 17 157

" 7 219 383 8l4 1,342 10,763

7 32 3 6 54 28 146 369

59 939 C A P I T A L A C C O U N T S 1,506 347 188 454 560 1,852

1/ Exclusive of loans to domestic commercial banks and a f t e r deduction of valuation reserves; individual loan items are shown gross.

* Preliminary.

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

board of governors of t h e f e d e r a l r e s e r v e system H.4.3 (For Immediate Release) September 1,

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES i960

New York City Chicago Aug. Change since Aug. Change since

31, Aug. 24, Sep t . 2, 31, Aug. 24, Sept . 2, i960 i960 1959 i960 i960 1959

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

Commercial and industr ia l loans Agricultural loans Loans to brokers and dealers for

purchasing or carrying: U. S. Govt, securi t ies Other securi t ies

Other loans for purchasing or carrying: U. S. Govt, securi t ies

Other securi t ies Loans to nonbank f inancial

ins t i tu t ions : Sales finance, personal

finance, e tc . Other

Loans to foreign banks Loans to domestic commercial banks Real estate loans Other loans

U. S. Government securi t ies - t o t a l Treasury b i l l s Treasury ce r t , of indebtedness Treasury notes and U. 8. bonds

maturing: Within 1 year 1 to 5 years After 5 years

Other securi t ies

Reserves with F. R. Banks Currency and coin Balances with domestic banks Other assets - net 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 deposits adjusted U. S. Government demand deposits Interbank demand deposits;

Domestic banks Foreign banks

Time deposits: 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

(in millions of dolJ Lars)

25,525 +117 - 30 7,505 - 21 +160 25,231 +319 + 127 7,438 - 43 +136 17,070 +143 + 246 4,685 - 3 +473 10,321 + 89 + 438 2,820 + 6 +296

5 Hh 4 16 1 + 3

221 + 16 + 24 47 + 6 + 31 86l + 9 - 340 137 4 + 26

28 - l 14 24 + 6 + 9 341 78 163 + 2 + 8

1,423 + 27 + 27 496 16 + 8 315 + 10 + 11 85 + 2 - 1 420 - 2 - 10 37 + 1 + 19 294 -202 ~ 157 67 + 22 + 24 835 - 3 + 30 270 + 1 + 15

2,705 - 1 + 163 730 - 5 + 72

5,978 +126 + 86 2,035 - 21 -313 1,086 +129 + 295 150 - 23 - 26

472 - 10 + 353 73 5 - 28

18 + 2 300 32 l - 99 3,382 + 7 + 67 1,407 + 6 ' + 3 1,020 - 2 - 329 373 + 2 -163 2,183 + 50 - 205 718 - 19 - 24

4,028 +333 4- 465 1,109 + 86 - 3 148 + 1 + 5 38 + 2 + 1 57 + 5 + 7 142 - - - 6

1,703 + 56 + 502 130 + 8 + 33 35,023 +994 4-1 ,468 9,705 +l6 l +237

14,716 +152 475 4,306 + 89 + 81 1,011 - 28 - 54 300 - 28 + 9

2,993 +119* f 98 1,198 + 30 + 38 1,058 - 23* - 118 43 + 2 + 2 1,084 6 - 176 54 - 3 + 26

2/3,637 + 32 134 1,895 - 3 + 75 51 + 51 + 41 9 + 9 - 75

1,033 +143 + 317 111 32 - 56 2,409 + 54 +1 ,025 167 + 5 + 44

3,469 + 18 + 157 841 + 6 + 4l

reserves; individual loan items are shown gross. 2/ Includes savings deposits of $2,267 million, a decrease of $1 million from the

previous Wednesday and an increase of $98 million from a year earlier. * August 24 figures revised.

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