BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4 .2 (For Immediate Re lease ) September 28, i960

CONDITION OF WEEKLY REPORTING MEMBER BAMS 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 f o l l o w i n g p r i n c i p a l changes f o r the week ended September 21: Increases of $824 m i l l i o n i n loans adjusted, $501 m i l l i o n i n holdings of U. S. Government s e c u r i t i e s , and $2,584 m i l l i o n in U. S . Government demand depos i t s , and decreases of $146 m i l l i o n i n reserve balances with Federal Reserve Banks and $8$4 m i l l i o n i n demand depos i t s adjusted . «

Commercial and i n d u s t r i a l loans increased i n a l l but one d i s t r i c t and a t o t a l of $265 m i l l i o n . Loans t o brokers and dea lers for purchasing or carrying U. S. Gov-ernment and other s e c u r i t i e s increased $228 m i l l i o n . 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 $302 m i l l i o n .

Holdings of Treasury b i l l s increased by $387 m i l l i o n and the combined t o t a l of Treasury notes and U. S. Government bonds increased by $97 m i l l i o n . Other s e c u r i t i e s decreased $48 m i l l i o n .

Borrowings of weekly report ing member banks from Federal Reserve Banks decreased $60 m i l l i o n and borrowings from others decreased $503 m i l l i o n . Loans t o domestic commercial banks decreased $170 m i l l i o n .

Sept . 21, i 960

Change s ince Sept . 21, i 960 Sept . 14,

I960 Sept. 23

1959

A S S E T S ( In m i l l i o n s of dol] Lars)

Total loans and investments 108,293 +1,107 +3,691 Loans and investments adjusted 1 / 106,810 +1 ., 277 +3,411 Loans adjusted l / 69 ,211 + 824 +4,302

Commercial and i n d u s t r i a l loans 31,572 + 265 +2,196 Agricu l tura l loans 1, 042 + 10 + 113 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 829 + 205 + 533 Other s e c u r i t i e s 1 , 4 9 9 + 23 - 87

Other loans f o r purchasing or carrying: U. S . Govt, s e c u r i t i e s 171 + 18 + 9

Other s e c u r i t i e s 1,147 + 2 - 75 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 :

+ 4o4 S a l e s f inance , personal f inance , e t c . 4 ,307 + 309 + 4o4 Other 1 ,658 - 7 + 86

Loans t o f o r e i g n banks 693 + 9 + 49 Loans t o domestic commercial banks 1 ,483 - 170 + 280 Real e s t a t e loans 12,559 + 4 + 94 Other loans 15 ,161 - 39 +1,048

U. S . Government s e c u r i t i e s - t o t a l 27,992 + 501 - 369 Treasury b i l l s 3 ,056 + 387 +1 ,0 l4 Treasury c e r t i f i c a t e s of indebtedness 1 ,358 + 17 + 318 Treasury notes and U. S. bonds maturing:

- 464 Within 1 year 1 ,122 + 393 - 464 1 t o 5 years 17,645 - 329 + 571 Af ter 5 years 4 ,811 + 33 -1 ,808

Other s e c u r i t i e s 9 ,607 - 48 - 522

Reserves with F. R. Banks 12,824 - 146 - 367 Currency and co in 1 ,243 - 44 + 14 Balances with domestic banks 3 ,031 + 55 + 270 Other a s s e t s - net 3,9^3 + 95 + 8 l 4 Total a s s e t s / l i a b i l i t i e s i 4o , 849 - 50 +5,913

L I A B I L I T I E S Demand d e p o s i t s adjusted 59,163 - 854 -1 ,079 U. S. Government demand d e p o s i t s 4 ,752 +2,584 + 933 Interbank demand d e p o s i t s : Domestic banks 11,792 - 216 +1,265

Foreign banks 1 ,392 + 43 - 35 Time d e p o s i t s : Interbank 1 ,486 - 2 - 92

Other 32,110 + 42 +1,382 Borrowings: Fran Federal Reserve Banks 11 - 60 - 595

From others 1 ,902 - 503 + 169 1 / Exclus ive of loans t o domestic commercial banks and a f t e r deduction of va luat ion

reserves ; Indiv idual loan items are shown g r o s s . 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, SEPTEMBER 21, i960

F e d e r a l Reserve D i s t r i c t

Boston New York

P h i l a -d e l p h i a

Cleve-l a n d

Rich-mond A t l a n t

( I n m i l l i o n s of d o l l a r s ) 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 4 ,377 32 ,581 4 , 1 3 1 8 ,577 3,655 4 ,297 Loans and i n v e s t m e n t s a d j u s t e d 1 / 4,365 32,042 4 ,060 8 ,485 3 ,609 4 ,201 Loans a d j u s t e d l / 2 ,941 21,286 2 ,868 5 ,101 2 ,181 2,647

Commercial and i n d u s t r i a l l o a n s 1,457 11,654 1,272 2 ,020 823 1,150 A g r i c u l t u r a l l o a n s 6 24 2 3 9 19 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 : 458 24 41 U. S . Govt , s e c u r i t i e s 21 458 24 53 41 13

Other s e c u r i t i e s 18 953 22 91 33 ' 52 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 . Govt , s e c u r i t i e s 5 4 l 23 10 8 13 Other s e c u r i t i e s 11 369 51 130 30 69

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 . 167 1 ,707 149 272 l 4o 130

Other 64 325 76 100 86 123 Loans t o f o r e i g n hanks 1 428 14 — — 6 7 Loans t o domes t ic commercial banks 12 539 71 92 46 96 Rea l e s t a t e l o a n s 46o 2,116 374 1 ,309 375 255 Other l o a n s 799 3 ,702 946 1,195 670 867

U. S. Government s e c u r i t i e s - t o t a l 1,014 7,730 881 2 ,499 1 ,146 1,228 Treasu ry b i l l s 56 1,448 54 274 57 144 Treasu ry c e r t , of i n d e b t e d n e s s 48 531 32 125 67 86 Treasu ry n o t e s and U. 8 . bonds

m a t u r i n g : 45 Within 1 y e a r 43 108 45 180 52 52

1 t o 5 y e a r s 648 4 ,262 594 1,672 783 765 A f t e r 5 y e a r s 219 1 ,381 156 248 187 181

Other s e c u r i t i e s 4 l 0 3 ,026 311 885 282 326

Reserves w i t h F . R. Banks 508 4,316 499 907 450 476 Currency and c o i n 75 257 71 143 83 67 Balances w i t h domes t ic banks 116 205 139 242 148 359 Other a s s e t s - n e t 137 1,815 125 161 110 118 T o t a l a s s e t s / l i a b i l i t i e s 5,641 43,362 5 ,412 10,648 4,876 5,866

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 3 ,029 18,045 2 ,549 4,705 2,369 2,564 U. S . Government demand d e p o s i t s 164 1,853 199 403 144 161 In t e rbank demand d e p o s i t s :

3,267 514 856 Domestic banks 393 3 ,267 514 593 518 856 Fore ign banks 30 1 , 0 7 1 26 12 11 11

Time d e p o s i t s : I n t e r b a n k 23 1 ,109 25 1 3 6 Other 766 6,322 972 3 ,089 858 1,134

Borrowings: Frcm F . R. Banks - - - - - - — - -

From o t h e r s 52 969 47 28 35 l 6 Other l i a b i l i t i e s 196 2,602 131 184 123 108

C A P I T A L A C C O U N T S 560 3,936 502 1,015 385 461

1 / Exc lus ive of l o a n s t o domest ic commercial banks and a f t e r d e d u c t i o n 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 o a n i t ems a r e shown g r o s s .

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, SEPTEMBER 21, i960 (Cont'd)

Federa l Reserve Dj [ s t r i c t

Chicago S t .

Louis Minne-a p o l i s

Kansas Ci ty Dal las

San Francisco

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

4,686 T o t a l l oans and investments 14,832 2,976 1,693 3,803 4,686 22,685 Loans and investments a d j u s t e d 1 / 14,719 2,899 1,685 3,775 4,585 22,385 Loans a d j u s t e d 1 / 8,859 1,876 l , 142 2,345 2,921 15,044

Commercial and i n d u s t r i a l loans 4,156 775 547 992 1,510 5,216 A g r i c u l t u r a l l oans 29 17 22 204 34 673 Loans t o b roke r s and d e a l e r s f o r

purchas ing or c a r r y i n g : 45 62 U. S . Govt, s e c u r i t i e s 62 6 9 45 35 62

Other s e c u r i t i e s 171 25 6 18 20 90 Other loans f o r purchas ing or

c a r r y i n g : U. S . Govt, s e c u r i t i e s 33 14 - - 5 10 9 Other s e c u r i t i e s 202 25 7 27 175 51

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 :

Sa les f inance , pe r sona l f i nance , e t c . 852 12? 73 146 104 442

Other 174 84 21 94 127 384 Loans t o f o r e i g n banks 38 - - - - — — - - 199 Loans t o domestic commercial banks 113 77 8 28 101 300 Heal e s t a t e l oans 1,454 290 203 322 204 5,197 Other l oans 1,904 547 272 528 757 2,974

U. S. Government s e c u r i t i e s - t o t a l 4,4o8 807 422 1,113 1,326 5,418 Treasury b i l l s 303 67 31 89 71 462 Treasury c e r t , of indebtedness 152 22 7 57 37 194 Treasury no te s and U. S . bonds

matur ing: 145 Within 1 year 215 76 22 79 105 145

1 t o 5 y e a r s 2,956 545 296 744 805 3,575 A f t e r 5 y e a r s 782 97 66 144 308 1,042

Other s e c u r i t i e s 1,452 216 121 317 338 1,923

Reserves wi th F . R. Banks 1,797 394 175 489 556 2,257 Currency and coin 155 42 17 45 52 236 Balances wi th domestic banks 340 160 68 363 577 314 Other a s s e t s - n e t 293 47 51 91 183 812 Tota l a s s e t s / l i a b i l i t i e s 18,849 3,961 2,286 5,280 6,571 28,097

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 7,539 l , 6 l 4 874 2,300 2,668 10,907 U. 8 . Government demand d e p o s i t s 823 128 53 150 146 528 In terbank demand d e p o s i t s :

Domestic banks 1,922 705 4 i 8 947 1,056 603 Foreign banks 61 4 5 2 16 143

Time d e p o s i t s : In te rbank 67 3 mm mm — — 8 241 Other 4 ,881 709 386 823 1,351 10,819

Borrowings: From F . R. Banks 8 — — mm mm 3 — —

From o t h e r s 231 4 l 34 51 153 245 Other l i a b i l i t i e s 381 66 46 60 96 958

C A P I T A L A C C O U N T S 1,504 349 188 455 560 1,860

1 / Exclusive of ldans t o domestic commercial "banks and a f t e r deduct ion of va lua t i on r e s e r v e s ; i n d i v i d u a l loan i tems a re shown g r o s s .

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

H . 4 . 3 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

(For Immediate Release) September 22, i960 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES

New York Ci ty Chicago Sept.

21, i960

Change s ince Sept. 21,

I960

Change s ince Sept. 21,

i960 Sept.14,

i960 Sept. 23,

1959

Sept. 21,

I960 Sept.14,

I960 Sept.23,

1959 A S S E T S ( I n m i l l i o n s of dol] Lars)

T o t a l loans and Investments 26,657 + 5^3 +1,269 7,661 +133 +309 Loans and investments a d j u s t e d 1 / 26,247 + 628 +1,291 7,590 +155 +280 Loans a d j u s t e d 1 / 17,709 + 506 + 792 4,783 + 56 +526

Commercial and i n d u s t r i a l l oans 10,575 + 116 + 489 2,898 + 31 +318 A g r i c u l t u r a l l oans 5 - - + 4 16 • - + 2 Loans t o b roker s and d e a l e r s f o r

purchas ing or c a r r y i n g : 49 U. S . Govt. s e c u r i t i e s 392 + 113 + 209 49 + 3 + 31

Other s e c u r i t i e s 936 + 16 - 179 144 - 5 + 33 Other loans f o r purchas ing or

c a r r y i n g : U. 6 . Govt. s e c u r i t i e s 28 - 1 - 11 21 + 2 + 5 Other s e c u r i t i e s 340 - 3 - 65 165 + 1 + 15

Loans t o ncribank f i n a n c i a l i n s t i t u t i o n s :

Sa les f i nance , pe r sona l 224 + 60 f i nance , e t c . 1 ,571 + 241 + 224 530 + 31 + 60

Other 297 - - + 4 88 + l - 3 Loans t o f o r e i g n banks 426 - 2 - 9 37 - l + 20 Loans t o domestic commercial banks 410 - 85 - 22 71 - 22 + 29 Real e s t a t e loans 828 - 3 - 29 271 + 1 . + 16 Other loans 2,688 + 1 + 137 704 - 8 + 42

U. 8 . Government s e c u r i t i e s - t o t a l 6,282 + 137 + 651 2,107 +108 -208 Treasury b i l l s 1,363 + 124 + 617 199 + 70 + 31 Treasury c e r t , of indebtedness 478 - 3 + 367 65 - 6 - 32 Treasury no t e s and U. 8 . bonds

matur ing: 26 84 54 - 46 Within 1 year 38 + 26 - 211 84 + 54 - 46

1 t o 5 y e a r s 3,343 - 22 + 159 1,387 13 - 3 A f t e r 5 yea r s 1,060 + 12 - 281 372 + 3 -158

Other s e c u r i t i e s 2,256 - 15 - 152 700 - 9 - 38

Reserves wi th F . R. Banks 3,926 + 119 + 189 l , l 4 o + 45 + 63 Currency and coin 146 - 18 - 3 36 3 - -

Balances wi th domestic banks 62 + 4 - 10 125 - 12 - 18 Other a s s e t s - n e t 1 ,681 + 54 + 46o 133 + 6 + 37 To ta l a s s e t s / l i a b i l i t i e s 36,358 + 734 +2,719 9,915 + 19 +463

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 14,947 - 363 - 266 4 , l 4o ~ n b - 97 U. S . Government demand depos i t s 1,684 +1 ,153 + 656 499 +328 +156 In te rbank demand d e p o s i t s :

368 Domestic banks 3,146 + 78 + 368 1,283 + 3 +153 Foreign banks 1,065 + 38 - 52 49 1 + 6 + 8

Time d e p o s i t s : In te rbank 1,104 - 2 - 126 60 — + 34 Other 2 /3 ,725 - 21 + 181 1,907 + 3 + 89

Borrowings: From F . R. Banks — — - - 186 1 + 1 - 69 From o the r s 942 - 204 + 150 142 : + 1 + 23

Other l i a b i l i t i e s 2,410 + 37 +1,030 178 + 3 + 51

C A P I T A L A C C O U N T S 3,449 14 + 150 1

VO So 2 + 43

1 / na ive nf inBn« t o dome a t i o commercial banks and a f t e r deduct ion of va lua t i on r e s e r v e s ; i n d i v i d u a l loan i tems a r e shown g r o s s .

2 / Includes savings deposits of $2,299 mi l l ion , an increase of $13 mi l l ion from the ~ previous Wednesday and $119 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