board of governors of t h e f e d e r a l r e s e r v e system H.4.2 (For Immediate Release) September 14, i960

CONDITION OF pmnrr.Y REPORTING MEMBER BANKS IN LEADING CITIES The condition statement of weekly repor t ing member banks in leading c i t i e s shows

the following p r inc ipa l changes fo r the week ended September 7, i960: Increases of $100 mi l l ion in loans adjus ted and $1,193 mi l l ion in demand deposi ts credi ted t o domestic banks, and a decrease of $1,108 mi l l ion in U. S. Government demand depos 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 t o t a l of $32 mil-l i o n , Loans t o brokers and dealers f o r purchasing or carrying U. S. Government and other s e c u r i t i e s increased $177 mi l l ion .

Holdings of U. S. Government s e c u r i t i e s inc reased $27 m i l l i o n , and ho ld ings of o the r s e c u r i t i e s i nc reased $146 m i l l i o n .

Time deposi ts other than interbank increased a net of $51 mi l l ion , l a rge ly r e f l e c t -ing an. increase of $66 mi l l ion in deposi ts of S ta tes and p o l i t i c a l subdivisions.

Borrowings of weekly repor t ing member banks from Federal Reserve Banks decreased $237 mi l l ion but borrowings from others increased $350 mi l l i on . Loans t o domestic commercial banks increased $h93 mi l l i on .

Change since Sept. 9,

A S S E T S Total loans and investments Loans and investments ad jus ted 1 / Loans adjus ted 1 /

Commercial and i n d u s t r i a l loans Agr icul tura l loans Leans t o brokers and dea le rs f o r purchasing

or carrying: U. 8 . 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 carrying: 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 t

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

Loans t o fore 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 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 - 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 deposi ts adjus ted U* S. Government demand deposi ts Interbank demand depos i t s : Domestic banks

Foreign banks Time depos i t s : Interbank

Other Borrowings: Frcm Federal Reserve Banks

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

reserves ; individual loan items are shown gross . * Pre l iminary (San Franc i sco D i s t r i c t ) . ** August 31 f i g u r e s r e v i s e d .

S e p t . 7,

( In mi l l ions of do l l a r s f

106,764 + 566 +1,754 105,118 + 273 +1,564

68,043 + 100 +3,560 30,938 - 32 +1,931 1,019 - 4 + 101

538 + 70 + 204 1 ,499 + 107 - 105

146 + 6 - 12 1,144 + 10 - 107

4,187 + 4 + 267 1,626 - 19 + 70

676 + 2 + 25 1,646 + 293 + 190

12,551 - 15 + 166 15,173 - 29 +1,113

27,408 + 27 -1,539 2,591 - 21 + 352 1,341 + 32 + 244

726 + 2 - 960 17,972 + 102 + 663

4,778 - 88 -1,838 9,667 + 146 - 457

12,720 - 461 - 103 1,213 + 24 + 10 2,966 + 318 + 122 3,911 - 23 + 763

138,082 + 496 +3,127

59,092 + 158 -1,542 2,568 -1,108 + 8

11,964 +1,193 + 64o 1,390 - 73 1,453 + 22 - 162

31,909 + 51 +1,176 72 - 237 - 226

2,486 + 350 + 4o6 e r deduction of valuat ion

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 7, i960

Federal Reserve Di s t r i c t

Boston New York

Phi la-delphia

Cleve-land

Rich-mond Atlanta

(In mil l ions of do l l a r s ) A S S E T S

Total loans and investments 4,323 31,789 4,o4i 8,472 3,578 4,266 Loans and investments adjusted 1 / 4,297 31,270 3,973 8,409 3,501 4,148 Loans adjusted 1 / 2,881 20,735 2,786 5,056 2,113 2,618

Commercial and indus t r i a l loans 1,438 11,364 1,233 1,989 801 1,132 Agricul tural loans 6 24 2 2 10 18 Loans t o brokers and dealers for

purchasing or carrying: 34 U. S. Govt, s ecu r i t i e s l 291 4 34 1 7

Other s ecu r i t i e s 17 967 18 85 35' 49 Other loans fo r purchasing or

8 8 carrying: U. B. Govt, s ecur i t i e s 5 30 8 10 8 13 Other secur i t i e s 11 370 50 134 22 68

Loans t o nonbank f inanc ia l i n s t i t u t i o n s :

Sales finance, personal 1,624 finance, e t c . 157 1,624 151 284 133 132

Other 67 323 71 99 94 128 Loans t o foreign banks 433 15 1 1 Loans t o domestic commercial banks 26 519 68 63 77 118 Real e s t a t e loans 456 2,118 369 1,309 372 253 Other loans 791 3,709 950 1,192 676 867

U. S. Government s ecu r i t i e s - t o t a l 1,014 7,486 875 2,457 1,106 1,206 Treasury b i l l s 61 1,216 54 24l 28 129 Treasury c e r t , of indebtedness 48 527 32 121 58 80 Treasury notes and U. 8 . bonds

maturing: 84 42 Within 1 year 20 30 23 84 37 42

1 t o 5 years 666 4,380 616 1,753 788 772 After 5 years 219 1,333 150 258 195 183

Other secur i t i e s 402 3,049 312 896 282 324

Reserves -with F. R. Banks 527 4,183 448 997 439 503 Currency and coin 70 265 66 133 81 64 Balances with domestic banks 118 193 138 191 322 340 Other asse ts - net 137 l , 8 l 4 128 158 102 118 Total a s s e t s / l i a b i l i t i e s 5,559 42,078 5,248 10,481 4,915 5,814

L I A B I L I T I E S Demand deposits adjusted 2,972 17,865 2,520 4,670 2,534 2,556 U. S. Government demand deposits 124 809 124 225 88 108 Interbank demand deposi ts :

Domestic banks 385 3,4O6 511 576 515 900 Foreign banks 29 1,063 23 11 8 11

Time deposi ts : Interbank 23 1,100 25 l 3 6 Other 762 6,230 969 3,079 862 1,116

Borrowings: From F. R. Banks 5 21 2 . mm 4 From others 125 1,228 15 199 23 22

Other l i a b i l i t i e s 192 2,571 131 175 io4 107

C A P I T A L A C C O U N T S 558 3,951 503 1,013 385 461

1 / Exclusive of loans t o 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, SEPTEMBER 7, I960 (Cont'd)

Federal Reserve Dj s t r i c t

Chicago S t . Minne- Kansas San* Chicago Louis apo l i s City Dallas Francisco

( In mi l l ions of d o l l a r s ) A S S E T S

Total loans and investments 14,694 2,926 1,670 3,777 4,685 22,543 Loans and investments ad jus ted l / 14,513 2,865 1,645 3,703 4,558 22,236 Loans adjus ted 1 / 8,731 1,858 1,117 2,283 2,877 14,988

Commercial and i n d u s t r i a l loans 4,049 757 527 979 1,492 5,177 Agr icu l tu ra l loans 29 16 22 196 31 663 Loans t o brokers and dea le rs f o r

31 663

purchasing or carrying: U. S. Govt, s e c u r i t i e s 78 6 4 11 17 84 Other s e c u r i t i e s 167 26 6 16 21 92

Other loans f o r purchasing or 92

carrying: U. S. Govt, s e c u r i t i e s 42 8 6 9 7 Other s e c u r i t i e s 196 25 7 27 182 52

Loans t o nonbank f i n a n c i a l 52

i n s t i t u t i o n s : Sales f inance, personal

f inance, e t c . 803 136 72 146 109 440 Other 165 82 21 93 115 368

Loans t o fore ign banks 39 187 Loans t o domestic commercial banks 181 61 25 74 127 307 Real e s t a t e loans 1,450 289 203 321 205 5,206 Other loans 1,929 545 273 524 752 2,965

U. 8 . Government s e c u r i t i e s - t o t a l 4,299 792 402 1,107 1,332 5,332 Treasury b i l l s 221 59 12 73 86 4 n Treasury c e r t , of indebtedness 159 29 8 66 33 180 Treasury notes and U. S. bonds

33

maturing: Within 1 year 127 67 20 69 91 116 1 t o 5 years 3,009 545 296 752 817 3,578 Af te r 5 years 783 92 66 147 305 1,047

Other s e c u r i t i e s 1,483 215 126 313 349 1,916

Reserves with F. R. Banks 1,706 407 174 474 517 2,345 Currency and coin 153 39 15 42 48 237 Balances with domestic banks 375 164 70 297 451 307 Other a s se t s - net 283 48 52 90 174 807 Total a s s e t s / l i a b i l i t i e s 18,500 3,936 2,223 5,163 6,332 27,833

L I A B I L I T I E S

Demand deposi ts ad jus ted 7,723 1,594 855 2,207 2,608 10,988 U. S. Government demand deposi ts 393 74 45 101 88 389 Interbank demand depos i t s :

393 74 45 389

Domestic banks 1,948 734 429 987 1,027 546 Foreign banks 52 4 5 3 18 163 Time depos i t s : Interbank 65 3 8 219

Other 4,868 707 385 818 1,343 10,770 Borrowings: From F. R. Banks 26 3 2 7 2

From others 275 43 25 42 137 352 Other l i a b i l i t i e s 352 74 47 62 84 935

C A P I T A L A C C O U N T S 1,509 348 188 453 562 1,875

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

* P re l imina ry .

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) September 8, i960

CONDITION OF MEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES

New York City Chicago Sept. Change since Sept. Change since

7, Aug. 31, Sept. 9, 7, Aug. 31, Sept. 9, i960 I960 1959 i960 I960 1959

A S S E T S (In mi l l ions of dol] Lars) Total loans and investmenta 26,032 +507 + 314 7,590 + 85 +221 Loans and investments adjusted 1 / 25,545 +314 496 7,470 + 32 +201 Loans adjusted 1 / 17,245 +175 + 488 4,706 + 21 +497

Commercial and i ndus t r i a l loans 10,299 - 22 389 2,812 - 8 +278 Agricul tural loans 5 + 4 16 + 3 Loans t o brokers and dealers f o r

purchasing or carrying: U. S. Govt, s ecu r i t i e s 276 + 55 + 87 64 + 17 + 42 Other s ecu r i t i e s 949 + 88 - 193 l 4 l + 4 + 33

Other loans fo r purchasing or 193 + 33

carrying: U. 8 . Govt, s ecu r i t i e s 28 - 12 30 + 6 + 15 Other s ecu r i t i e s 341 - 76 161 - 2 + 6

Loans t o nonbank f i nanc i a l i n s t i t u t i o n s :

Sales f inance, personal finance, e t c . 1,493 + 70 + 151 501 + 5 + 29

Other 296 - 19 - 9 85 - 3 Loans t o foreign hanks 431 + 11 - 8 38 + l + 21 Loans t o domestic commercial "banks 487 +193 - 182 120 + 53 + 20 Real e s t a t e loans 832 - 3 - 1 271 + 1 + l6 Other loans 2,700 - 5 + 165 727 - 3 + 70

U. S. Government s ecu r i t i e s - t o t a l 6,016 + 38 + 171 2,044 + 9 -276 Treasury b i l l s 1,105 + 19 + 335 166 + 16 + 8 Treasury c e r t , of Indebtedness 480 + 8 + 361 75 + 2 - 28 Treasury notes and U. S. bonds

maturing: Within 1 year 13 - 5 299 31 - 1 - 99 1 t o 5 years 3,390 + 8 + 89 1,400 - 7 + 7 Af ter 5 years 1,028 + 8 - 315 372 - 1 -164

Other s ecu r i t i e s 2,284 +101 - 163 720 + 2 - 20

Reserves with F. R. Banks 3 ,721 -307 + 251 1,023 - 86 + 10 Currency and coin 156 + 8 40 + 2 mm Balances with domestic banks 52 - 5 - 13 152 + 10 + 17 Other asse t s - net 1,676 - 27 + 46l 128 - 2 + 33 Total a s s e t s / l i a b i l i t i e s 35,201 +178 + 1 ,454 9,670 - 35 +348

L I A B I L I T I E S Demand deposi ts adjusted 14,847 +131 - 557 4,300 - 6 + 30 U. S. Government demand deposits 683 -328 - 9 194 -106 + 4 Interbank demand deposi ts :

194

Domestic banks 3,293 +300 + 315 1,293 + 95 +104 Foreign banks 1,055 - 3 - 74 39 - 4 - 1

Time deposi ts : Interbank 1,095 + 1 1 - 166 58 + 4 + 30 Other 2/3,647 + 1 0 125 1,902 + 7 + 82

Borrowings: From F. R. Banks - 51 - 15 - 9 - 6 From others 1,160 +127 219 130 + 19 - 53

Other l i a b i l i t i e s 2,396 - 1 3 +1 ,024 174 + 7 + 49

C A P I T A L A C C O U N T S 3,46l - 8 + 151 843 + 2 + 42

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

2/ Includes savings deposits of $2,283 mil l ion, an increase of $16 mil l ion from the previous Wednesday and $110 mill ion from a year e a r l i e r .

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