For immediate r e l e a s e J u l y 19, 1961

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

The cond i t ion statement of weekly r e p o r t i n g member banks i n l ead ing c i t i e s shows

the fo l lowing p r i n c i p a l changes f o r the week ended J u l y 12: Decreases of $421 mi l l i on in

loans ad jus t ed , $518 m i l l i o n i n hold ings of U. S. Government s e c u r i t i e s , and $1,926 mi l l i on

in U. S. Government demand d e p o s i t s ; and inc reases of $737 m i l l i o n i n demand depos i t s

ad jus t ed , and $127 m i l l i o n in t ime and savings d e p o s i t s .

Commercial and i n d u s t r i a l loans decreased in most d i s t r i c t s and a ne t of $66

m i l l i o n ; t h i s compares c l o s e l y with a decrease of $75 m i l l i o n dur ing the corresponding

week a year ago. However, t he se loans have decreased $617 m i l l i o n s ince t he f i r s t of t h i s

year i n c o n t r a s t t o an i nc rease of $915 m i l l i o n dur ing t h e comparable pe r iod in i960.

Loans t o b roke r s and d e a l e r s f o r purchasing or ca r ry ing U. S. Government and o ther

s e c u r i t i e s decreased $94 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 decreased $266

m i l l i o n ; t he se loans a re about $1,250 m i l l i o n lower than a year ago. Other loans decreased

$43 m i l l i o n dur ing t he week; r e a l e s t a t e loans increased $21 m i l l i o n .

Holdings of Treasury b i l l s decreased $437 mi l l i on , Treasury c e r t i f i c a t e s i n -

creased $32 m i l l i o n , and the combined t o t a l of Treasury no tes and U. S. Government bonds

decreased $113 m i l l i o n .

Demand d e p o s i t s a d j u s t e d increased $131 m i l l i o n in t he San Francisco D i s t r i c t ,

and $115 m i l l i o n i n t he Cleveland D i s t r i c t , and by smal ler amounts i n t he o ther d i s t r i c t s .

Demand d e p o s i t s c r e d i t e d t o domestic banks increased $371 m i l l i o n . U. S. Government demand

depos i t s decreased in a l l d i s t r i c t s .

Borrowings of weekly r e p o r t i n g member banks from Federa l Reserve Banks decreased

$16 m i l l i o n and borrowings from o the r s decreased $4l8 m i l l i o n . Loans t o domestic com-

merc ia l banks decreased $546 m i l l i o n .

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

H A . 2 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES JULY 19, 1961

July 12, 1961

Change since July 12,

1961 July 5, 1961*

July 13, I960

A S S E T S (In millj Lons of do] J.ars) Total loans and investments 113,683 -1,4oi +5,369 Loans and investments adjusted l / 112,U02 - 855 +5,539 Loans adjusted 1 / 69,9^0 - 421 + 444

Commercial and industrial loans 31,549 - 66 - 31 Agricultural loans 1,161 + 10 + 171 Loans to brokers and dealers for purchasing

+ 171

or carrying: U. S. Govt, securit ies 336 T 139 - 157 Other securi t ies 2,114 + 45 + 630

Other loans for purchasing or carrying: U. S. Govt, securi t ies 103 - 3 4o Other securi t ies 1,367 + 7 + 212

Loans to noribank f inancial inst i tut ions: Sales finance, personal finance, e tc . 3,253 - 229 -1,357 Other 1,730 + 3 + 109

Loans to foreign banks 587 - 27 - 135 Real estate loans 12,923 + 21 + 63 Other loans 16,387 - 43 +1,087

Loans to domestic commercial banks 1,281 - 546 - 170 U. S. Government secur i t ies - t o ta l 31,456 - 518 +3,640

Treasury b i l l s 3,522 - 437 + 392 Treasury c e r t i f i c a t e s of indebtedness 2 ,4l8 + 32 +1,517 Treasury notes and U . S . bonds maturing:

32 +1,517

Within 1 year 6,256 - 8 +5,311 1 to 5 years 14,855 - 72 -3,430 After 5 years 4,405 - 33 - 150

Other securit ies 11,006 + 84 +1,455 Reserves with F. R. Banks 12,333 - 38 -1,170 Currency and coin 1,494 + 188 + 184 Balances with domestic banks 3,149 - + 85 + 229 Other assets - net 4,457 + 15 + 657 Total a s s e t s / l i a b i l i t i e s l48,384 - 667 +6,137

L I A B I L I T I E S Demand deposits adjusted 2 / 61,892 + 737 + 832 Demand deposits - t o t a l 3/ 89,346 - 352 -1,038

Individuals, partnerships, and corporations 65,451 +1,585 N A States and p o l i t i c a l subdivisions 4,716 - 299 + 300 U. S. Government 2,089 -1,926 -3,880 Domestic interbank: Commercial 12,097 + 353 N A

Mutual savings 587 + 18 N A Foreign: Govts., o f f i c i a l i n s t s . , e t c . 670 + 25 N A

Commercial banks 945 8 N A Time and savings deposits - t o t a l 4 / 39,959 + 127 +6,836

Individuals, partnerships, and corporations: Savings deposits 28,763 + 49 N A Other time deposits 6,194 + 61 N A

States and p o l i t i c a l subdivisions 2,803 + l4 + 911 Domestic interbank 148 — — N A Foreign: Govts., o f f i c i a l i n s t s . , e t c . 1,792 + 2 N A

Commercial banks 91 - — N A Borrowings: From F. R. Banks 9 - 16 - 290

From, others 1,467 - 418 - 687 Other l i a b i l i t i e s 5,051 - 10 + 577

C A P I T A L A C C O U N T S 12,552 + 2 + 739 1/ Exclusive of loans to domestic commercial banks and af ter deduction of valuation reserves;

individual loan items are shown gross. 2/ Includes a l l demand deposits except those of U. S. Government and domestic commercial banks,

l e s s cash items in process of co l lect ion . Year-ago comparison excludes change in deposits due to mutual savings banks.

3/ Includes c e r t i f i e d and o f f i c e r s checks not shown separately. % j Includes time deposits of U. 8 . Government and postal savings not shown separately. N A - not available. * July 5 f igures rev i sed .

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

CONDITION OF WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS, H.4.2(a) JULY 12, 1961

Federal Reserve Distr ict Boston New

York Phlla-j Cleve-

delphiaI land Rich-mond Atlanta

A S S E T S Total loans and investments 4,608 33,986 4,335 8,865 4,088 4,476 Loans and investments adjusted 1 / 4,587 33,371 4,316 8,821 4,04l 4,4o4 Loans adjusted i f 3,001 21,260 2,994 4,994 2,442 2,638

Commercial and industrial loans 1,46$ 11,750 1,254 1,942 951 1,159 Agricultural loans 8 22 2 3 13 25 Loans to brokers and dealers for purchasing

24 or carrying: U. S. Govt, securi t ies l 207 24 12 20 11 Other securi t ies 26 1,388 60 114 33 39

Other loans for purchasing or carrying: '

U. S. Govt. securi t ies 4 21 5 7 8 11 Other securi t ies 15 453 67 134 31 53

Loans to nonbank f inancial inst i tut ions: 31 53

Sales finance, personal finance, e t c . 149 1,110 145 200 108 129 Other 76 357 63 81 92 117

Loans to foreign banks — — 310 22 11 1 Real estate loans 480 2,131 4o4 1,334 419 271 Other0loans 849 4,077 i ,o4o 1,251 814 875

Loans to domestic commercial banks 21 615 19 44 47 72 U. S. Government securi t ies - to ta l 1,141 8,719 980 2,824 1,245 1,395

Treasury b i l l s 134 1,145 98 376 83 184 Treasury c e r t i f i c a t e s of indebtedness 94 971 67 212 70 97 Treasury notes and U. S. bonds maturing:

97

Within 1 year 210 1,803 137 6i4 245 288 1 to 5 years 609 3,722 527 1,338 693 664 After 5 years 94 1,078 151 284 154 162

Other securit ies 445 3,392 342 1,003 354 371 Reserves with F. R. Banks 483 4,019 446 861 436 469 Currency and coin 96 321 93 153 108 78 Balances with domestic banks 107 253 143 234 170 367 Other assets - net 172 2,095 136 173 108 124 Total a s s e t s / l i a b i l i t i e s 5,905 45,481 5,642 10,996 5,376 6,149

L I A B I L I T I E S Demand deposits adjusted 2 / 3,24o 19,329 2,608 4,741 2,643. 2,597 Demand deposits - t o t a l 3 / 4,073 28,158 3,691 6,194 3,713 4,252

Individuals, partnerships, and corporations 3,214 19,938 2,865 4,903 2,795 2,735 States and p o l i t i c a l subdivisions 259 793 129 458 241 458 U. 8. Government 103 ' 681 97 174 92 98 Domestic interbank: Commercial 291 3,341 497 569 512 922

Mutual savings 127 399 32 5 9 •» »

Foreign: Govts., o f f i c i a l i n s t s . , e t c . 4 510 6 • —• 28 2 Commercial banks 27 704 23 13 6 7

Time and savings deposits - to ta l 4 / 921 9,573 1,256 3,465 1,080 1,288 Individuals, partnerships, and corporations:

1,288

Savings deposits 736 .5,106 851 2,836 813 990 Other time deposits • 130 2,347 266 444 166 193

States and p o l i t i c a l subdivisions 6 489 97 178 59 88 Domestic interbank 1 98 3 1 l 7 Foreign: Govts., o f f i c i a l i n s t s . , e t c . 36 1 , 4 l l 35 4 12 7

Commercial banks 4 72 2 mm mm mm mm

Borrowings: From F. R. Banks — — — — mm mm 4 — mm

From others 106 739 54 95 19 11 Other l i a b i l i t i e s 224 2,863 119 182 129 102

C A P I T A L A C C O U N T S 581 4,148 522 1,060 431 496

See footnotes on f i r s t table .

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

H.4.2(b) CONDITION OF WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS,

July 12, I96I (Cont'd)

Federal Reserve Dj [strict Chicago St .

Louis Minne-apolis

Kansas City Dallas San

Francisco 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, securi t ies Other securi t ies

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

Loans to noribank f inancial Institutions: Sales finance, personal finance, e t c . Other

Loans to foreign banks Real estate loans Other loans

Loans to domestic commercial banks U. S. Government secur i t ies - 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 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 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 Demand deposits - .total

Individuals, partnerships, and corporations States and p o l i t i c a l subdivisions U. S. Government Domestic interbank: Commercial

Mutual savings Foreign: Govts., o f f i c i a l l a s t s . ) etc*

Commercial banks Time and savings deposits - to ta l k j

Individuals, partnerships, and corporations2 Savings deposits Other time deposits

States and p o l i t i c a l subdivisions Domestic Interbank Foreign: Govts., o f f i c i a l i n s t s . , e t c .

Commercial banks 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

15,077 3,169 1,684 3,969 4,956 24,470 14,931 3,124 1,676 3,934 4,923 24,274 8,64o 1,928 1,111 2,4l8 3,034 15,480 3,871 789 506 1,016 1,501 5,345

36 22 26 244 39 721

23 9 2 18 9 200 43 7 25 51 128

29 3 MM *• 4 5 6 249 29 9 31 237 59

652 103 68 112 93 384 I85 83 27 112 156 381 4 i - - — — • » — W ** 202

1,501 295 202 338 221 5,327 2,084 584 282 555 787 3,189

146 45 8 35 33 196 4,584 949 429 1,171 1,481 6,538

572 109 30 133 108 550 302 28 11 71 72 423

742 249 103 251 223 1,391 2,357 461 216 576 620 3,072

611 102 69 l4o 458 1,102 1,707 247 136 345 408 2,256 1,652 361 169 488 562 2,387

180 45 19 52 59 290 389 164 88 375 504 355 333 59 53 98 185 921

19,284 4,224 2,301 5,578 6,780 30,668

7,643 1,655 868 2,273 2,715 11,580 11,557 2,927 1,594 4,o4o 4,390 14,757 8,304 1,912 1,014 2,568 2,947 12,256

767 l 4 l 107 260 212 891 294 67 42 ' 97 73 271

1,967 779 396 1,074 1,088 661 1 — — 6 mm mm •» •» 8

14 3 103 43 5 6 3 12 96

5,622 853 456 978 1,635 12,832

4,607 660 332 792 780 10,260 712 152 113 144 546 981 207 33 7 39 291 1,309

10 2 - w 10 15 72 2 2 211 5 - - l 7 2 — — •t — 3 mm mm M W

120 14 14 22 88 185 370 61 4 l 56 79 825

1,613 369 196 479 588 2,069

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 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

(For Immediate Release) July 13, CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES

1961

New York City Chicago July Change since July Change since

12, July 5, July 13, 12, July 5, July 13, 1961 1961 I960 1961 1961 . I960

A S S E T S (In mil l ions of dol] Lars J Total loans and investments 27,592**-!, 12 2**+l, 4o4** 7,735 - 65 + 173

.Loans and investments adjusted 1 / 27,002**- 79^**+!, 462** 7,655 - 36 + 148 Loans adjusted 1 / 17,433 - 362 - 56 4,533 - 23 - 177

Commercial and industrial loans 10,468 - 47 - 11 2,652 - 4 - 185 Agricultural loans 3 2 17 - 1 - 1 Loans to brokers and dealers for purchasing

or carrying: U. S. Govt, securi t ies 195 - 121 - 74 2 15 - 4l Other securit ies 1,364 + 20 + 439 161 + 4 + 12

Other loans for purchasing or carrying: U. S. Govt, securi t ies 20 • « - 7 15 + 1 - 4 Other securi t ies 419 + 2 + 71 191 + 1 + 30

Loans to noribank f inancial inst i tut ions: 30

Sales finance, personal finance, e t c . 1,008 - 178 - 535 386 - 5 - 161 Other 320 - 11 — — 109 - 1 + 39

Loans to foreign banks 302 - 21 - 148 40 + 3 + 2 Real estate loans 763 + 5 - 118 266 + 1 + 22 Other loans 3,007 - 11 + 354 846 • 7 + 123

Loans to domestic commercial banks 590 • 328 - 58 80 29 + 25 U. S. Government securi t ies - t o t a l 7,074 - 346 +1,063 2,268 - 44 + 232

Treasury b i l l s 1,054 - 365 - 180 4o8 - 29 + 162 Treasury cer t i f i ca te s of indebtedness 884 + 14 + 518 147 - 10 + 93 Treasury notes and U. S. bonds maturing:

+ 518 147 93

Within 1 year 1,474 - . 2* +1,389 377 - 1 + 329 1 to 5 years 2,871 + 2* - 551 1,142 - 4 - 172 After 5 years 791 + 5 - .113 194 « • — - 180

Other securit ies 2,495**- 86**+ 455** 854 + 31 + 93 Reserves1 with F. R. Banks 3,611 + 412 - 156 1,037 5 - 20 ' Currency and coin 191 - 3 + 29 • 45 + 1 6 Balances with domestic banks 88 + 26 + 27 148 + 11 + 18 Other assets - net 1,939**+ 81**+ 368** 168 + 2 52 Total a s s e t s / l i a b i l i t i e s 37,884 - 472 +1,996 1Q093 + 86 + 262

L I A B I L I T I E S D̂emand deposits adjusted 2f ~~ 16,046 + 129 + 29 4,171 + 63 72 Demand deposits - t o t a l / 24,329 - 426 - 432 6> 599 + 106 - 124

Individuals, partnerships, and corporations 16,921 + 202 NA 4,631 + 233 NA States and p o l i t i c a l subdivisions 338 + 66 - 33 353 - 7 74 U. S. Government 577 - 635 -1,137 152 - 181 - 340 Domestic interbank: Commercial 3,243 - 54 NA 1,316 + 82 NA

Mutual savings 350 + 14 NA l — — . NA Foreign: Govts., o f f i c i a l . i n s t s . , e t c . 508 r — NA 14 + 1 NA

Commercial banks 689 - 13 NA 31 1 NA Time and savings deposits - t o t a l 4 / 6,582 + 55 +2,130 2,325 + 4 + 445

Individuals, partnerships, and corporations: Savings deposits 2,658 + 19 NA 1,801 - l * NA Other time deposits 2,051 + 32 NA 426 + 7* NA

States and p o l i t i c a l subdivisions 256 - 1 + 131 13 - 2 - 1 Domestic interbank 94 mm mm NA 6 mm NA Foreign: Govts., o f f i c i a l i n s t s . , e t c . 1,408 + 3 NA 72 mm w NA

Commercial banks ' 70 + 1 NA 5 ** ** NA Borrowings: From F. R. Banks - 182 2 - 6 39

From others 688 - 109 - 184 70 - 20 - 148 'Other l i a b i l i t i e s 2,681 + 5 + 491 188 + 1 + 4l

C A P I T A L A C C O U N T S 3,604 + 3 + 173 ?o? + 1 + 87

individual loan items are shown gross. 2 / Includes a l l demand deposits except those of U. S. Government and domestic commercial banks,

l e s s cash items in process of col lect ion. Year-ago comparison excludes change in deposits due to mutual savings "banks.

3 / Includes cer t i f i ed and o f f i cer s checks not shown separately. X ] Includes time deposits of U. S. Government and postal savings not shown separately. NA *

- not available. July 5 figures revised.

** July 12 figures revised July 18. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis