s t a t i s t i c a l r e l e a s e

For immediate re lease May 9, 1962

H.4.2 CONDITION OF WEEKLY REPORTING MEMBER BAJPCS Hf LEADING CITIES

The condit ion statement of weekly reporting member banks in leading c i t i e s

shows the fo l lowing pr inc ipa l changes f o r the week ended May 2: Increases of $1,432

mi l l i on in loans adjusted, $2,151 mi l l i on in U. S . Government demand deposi ts ,

and $501 m i l l i o n i n demand deposi ts credi ted to domestic commercial banks, and a

decrease of $1,250 m i l l i o n in demand deposits adjusted.

Commercial and indus tr ia l loans increased a net of $159 mi l l ion; during

the comparable week a year ago, these loans increased $170 m i l l i o n . Loans to

brokers and dealers f o r purchasing or carrying U . S . Government s e c u r i t i e s increased

$505 m i l l i o n , and t h e i r loans f o r purchasing or carrying "other" s e c u r i t i e s increased

$233 m i l l i o n . Loans t o s a l e s and personal f inancing i n s t i t u t i o n s increased $206

mi l l i on , as compared with an increase of $86 mi l l i on during the s imi lar week in

1961. Real e s t a t e loans increased $34 m i l l i o n . "Other" loans increased $309

mi l l i on l a r g e l y r e f l e c t i n g a sa le of Export-Import Bank part ic ipat ion c e r t i f i c a t e s

to commercial banks.

Holdings of Treasury b i l l s by weekly reporting member banks decreased

$163 m i l l i o n , but the combined t o t a l of Treasury notes and U . S . Government bonds

increased $130 m i l l i o n .

Demand deposi ts adjusted decreased $483 mi l l i on in New York City, $231

mi l l ion in the San Francisco D i s t r i c t , $1%2 mi l l i on in the Chicago D i s t r i c t , $93

mi l l i on i n the S t . Louis D i s t r i c t , $90 mi l l i on in the Richmond D i s t r i c t , $88 mil-

l i o n in the Cleveland D i s t r i c t , and $85 mi l l i on in the Kansas City D i s t r i c t .

Savings deposi ts increased $34 mi l l i on and "other" time deposits of indiv iduals ,

partnerships, and corporations increased $58 m i l l i o n .

Borrowings of weekly reporting member banks from Federal Reserve Banks

decreased $230 m i l l i o n but borrowings from others increased $122 m i l l i o n . Loans

to domestic commercial banks increased $ l 8 l m i l l i o n .

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

H.4.2 CONDITION OF VZEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

May 2, 1962

Change since Apr. 25,

1962 May 3,

1961 A S S E T S

Total loans and investments Loans and investments adjusted 1 / Loans adjusted 1/

Commercial and industrial loans Agricultural loans Loans t o "brokers and dealers for purchasing

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

Other loans f o r purchasing or carrying: U . S . Govt, securi t ies Other securi t ies

Loans to noribank f inancial inst i tut ions: 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 securi t ies - to ta 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 P. 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 2 / Demand deposits - t o t a l 3/

Individuals, partnerships, and corporations States and p o l i t i c a l subdivisions U. 8. Government Domestic interbank: Commercial

Mutual savings Foreign: Govts., o f f i c i a l i n s t s . , e t c .

Commercial banks Time end savings deposits - t o ta l 4 /

Individuals, partnerships, and corporations: 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 tc . 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 1/ Exclusive of loans to domestic commercial banks

ireserves; individual loan items are shown gross. 2 / Includes a l l demand deposits except those of U.

banks, l e s s cash items in process of col lect ion.

(In millions of dollars)

123,697 +1,608 +10,825 121,909 +1,427 +10,303

75,915 +1.432 + 5,762 32,937 + 159 + 1,032 1,372 + 8 + 188

1,371 + 505 + 757 2,541 + 233 + 655

121 + 4 + 9 l , 4 l 6 + 4 + 145

3,472 + 206 + 97 2,291 - 33 + 706

704 + 4 + 126 13,874 + 34 + 1,104 17,540 + 309 + 1,112

1,788 + 181 + 522 32,069 - 28 + 1,479 3,874 - 163 + 146 2,370 + 5 + 960

6,455 + 116 + 1,983 14,805 - 3 . 1,298

4,565 + 17 - 312 13,925 + 23 + 3,062 12,693 - 105 + 366

1,443 - 128 + 165 2,968 + 194 - 127 4,838 + 145 • + 363

159,588 +3. ,809 +13,806

63,071 -1,250 + , 521 93,061 +3,497 + 4,832 65,458 - 816 + 1,589

5,771 . + 625 + 199 4,744 +2,151 + 1,890

11,297 + 501 + 207 554 + 56 + 3 686 - 6 + 150

1,045 + 22 + 69 45,670 + 157 + 7,132

31,757 + 34 + 3,855 7,879 + 58 + 2,180 3,426 + 45 + 651

187 - 1 50 2,117 + 11 + 337

128 + 11 + 40 36 - 230 + 11

2,098 + 122 + 821 5,498 • + 180 + 237

13,225 + 83 + 773 and after deduction of valuation

S. Government and domestic commercial

3 / Includes cer t i f i ed and off icers' checks not shown separately. %j Includes time deposits of U. 8 . Government and postal saving savings not shown separately.

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

H-4.2(a) CONDITION OF WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS, MAY 2, 1962

Federal Reserve District Boston New Phi la - Cleve- Rich-

York delphia land mond Atlanta

A S S E T S Total loans and investments Loans and investments adjusted l / Loans adjusted l / .

Commercial and industrial loans Agricultural loans Loans to "brokers and dealers for purchasing

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

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

Loans to nohbank f inancial inst i tut ions; Sales finance, personal finance, e t c . Other

Loans tq foreign banks Real estate loans Other loans

Loans to domestic commercial banks U. 6. Government secur i t ies - t o ta 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 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 2/ Demand deposits - t o ta l 3/

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 ins ta . , e t c .

Commercial banks Time and savings deposits - t o t a l 4 /

Individuals, partnerships, and corporations: . Savings deposits

Other time depos i t s S ta tes and p o l i t i c a l subdivis ions Domestic interbank Foreign: Govts., o f f i c i a l ii>sts., 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

(In mil l ions of dol lars)

4,877 37,330 4,598 9,611 4,391 4,754 4,803 36,666 4,518 9,502 4,375 4,685 3,169 23,714 3,044 5,290 2 ,6 i4 2,809 1,532 12,055 1,255 1,977 969 1,197

8 37 4 3 16 4 l

10 1,027 42 30 4 4 45 1,545 121 149 57 51

4 35 5 17 12 4 23 483 70 155 38 46

132 1,310 146 228 135 123 79 669 57 87 98 133 14 355 21 10 — — 2

509 2,365 398 1,383 423 315 891 4,466 1,022 1,353 912 951

74 664 80 109 16 69 1,144 8,506 1,134 2,828 1,366 l , 459

179 1,374 137 242 135 169 158 765 91 223 60 62

149 1,878 175 675 301 269 567 3,279 565 1,426 684 798 91 l , 210 166 262 186 161

490 4,446 340 1,384 395 417 545 3,935 545 914 461 491 85 335 82 151 104 73

120 324 l4o 202 144 359 163 2,283 152 184 120 144

6,260 49,724 6,017 11,737 5,721 6,400

3,351 19,706 2,811 4,796 2,673 2,679 4,292 .30,151 4,009 6,424 3,825 4,268 3,304 20,072 3,020 4,834 2,799 2,747

309 l , 080 158 522 300 458 208 1,808 200 370 186 130 263 3,120 498 583 465 880 126 359 39 6 9

6 560 l 4 22 3 26 782 30 13 6 8

1,102 11,055 1,309 3,907 1,221 1,456

811 201

27 4

a 8

36 223

5,960 2,807

502 133

1,532 74

1,088 3 , u o

921 269 61

3

8

15 136

3,012 633 253

™6

1

81 206

922 192

65 1

15

3 67

14?

1,061 276 98 12 6

31 124

607 4,320 548 1,119 458 521

See footnotes on f i r s t table ,

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

II A . 2 ( b ) CONDITION OP WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS, MAY 2, 1962 (CONT'D)

Federal Reserve D i s t r i c t Chicago S t .

Louis Minne-apo l i s

Kansas City Dallas San

Francisc

• A S S E T S ( in mi l l i ons of d o l l a r s )

Tota l loans and investments 16,496 3 ,281 1,842 4,340 5,420 26,757 Loans and investments ad jus t ed l / 16,324 3,221 1,822 4,276 5,343 26,374 Loans ad jus ted l / 9,431 2,007 1,160 2,615 3,298 16,764

Commercial and i n d u s t r i a l loans 4,036 780 551 1,096 1,737 5,752 Agr i cu l tu ra l loans 54 32 33 259 51 834 Loans t o brokers and d e a l e r s f o r purchasing

or car ry ing: U. S. Govt, s e c u r i t i e s 137 2 2 10 15 88 Other s e c u r i t i e s 252 74 9 22 65 151

Other loans f o r purchasing or car ry ing: U. 8. Govt. s e c u r i t i e s 20 4 - - 8 2 10 Other s e c u r i t i e s 262 39 12 4 i 175 72

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 f inance , e t c . 621 H 3 69 132 89 374 Other 334 83 30 99 167 455

Loans t o fo re ign "banks 52 1 - - - - 249 Real e s t a t e loans 1,703 315 199 355 253 5,656 Other loans 2,211 600 274 633 806 3,421

Loans t o domestic commercial banks 172 60 20 64 77 383 U. S. Government s e c u r i t i e s - t o t a l 4 ,659 957 475 1,275 1,554 6,7-12

Treasury b i l l s 486 105 31 197 106 713 Treasury c e r t i f i c a t e s of indebtedness 278 127 26 106 78 396 Treasury notes and U. S. bonds maturing:

Within 1 year 894 209 101 248 270 1,286 1 t o 5 years 2,381 4 l6 248 574 693. 3,176 Af te r 5 years 620 100 69 150 409 l , l 4 l

Other s e c u r i t i e s 2,234 257 I87 386 491 2,898 Reserves with F. R. Banks 1,735 370 201 477 602 2,417 Currency and coin 177 42 16 49 54 275 Balances with domestic banks 325 165 67 306 491 325 Other a s s e t s - net 391 62 62 107 208 962 Total a s s e t s / l i a b i l i t i e s 20,701 4,302 2,449 5,814 7,377 33,006

L I A B I L I T I E S Demand depos i t s ad jus t ed 2 / 7,668 •1,623 902 2,322 2,829 11,711 Demand depos i t s - t o t a l 3/ 11,814 2,826 l , 6o4 3,959 4,583 15,306

Ind iv idua ls , pa r tne r sh ips , and corpora t ions 8,101 1,826 1,023 2,491 3,063 12,178 Sta tes and p o l i t i c a l subdivis ions 863 147 112 318 28l 1,223 U. S. Government 743 102 69 117 119 692 Domestic in te rbank: Commercial 1,826 719 372 985 1,033 553

Mutual savings 2 4 — — — — . 9 Foreign: Govts. , o f f i c i a l i n s t s . , e t c . 16 — — — 4 61

Commercial banks 51 5 4 3 15 102 Time and savings depos i t s - t o t a l 4 / 6,610 953 583 1,193 1,944 14,337

Indiv idua ls , pa r tne r sh ips , and corpora t ions : 6,610 1,193 1,944 14,337

Savings depos i t s 5,118 654 328 909 899 11,162 Other time depos i t s 1,020 247 235 230 679 1,090

S ta t e s and p o l i t i c a l subdivis ions 319 46 16 51 347 l , 6 4 l Domestic in terbank 12 - - 1 7 14 Foreign: Govts. , o f f i c i a l i n s t s . , e t c . 117 2 2 - - 3 351

Commercial banks 12 2 17 Borrowings: From F. R. Banks 22 1 — — 6 1 3

From o the rs 113 56 13 81 105 412 Other l i a b i l i t i e s 466 65 44 63 114 800

C A P I T A L A C C O U N T S 1,676 401 205 512 630 2,228

See foo tno tes on f i r s t t a b l e .

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

H.4.3 CONDITION OP WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES New York City Chicago

May Change since May Change since 2,

1962 Apr i l 25,1962

> May 3, 1961

2, 1962

Apr i l 25,1962

May 3, 1961

In mi l l ions of do l lars ) A S S E T S Total loans and investments 30,360 + 714 +2,932 8,602 +280 +812 Loans and investments adjusted 1 / 29,802 + 693 +3 ,132 8,472 +216 +738 Loans adjusted 1 / 19,617 + 927 +2,008 5,010 + 73 +203

Commercial and industr ia l loans 10,865 H- 78 + 234 2,762 + 2 + 57 Agricultural loans 10 + 5 23 - - - 24 Loans t o brokers and dealers for purchasing

i , o i 4 or carrying: U. S. Govt, s ecur i t i e s i , o i 4 + 513 + 701 107 - 23 + 5 Other s ecur i t i e s l , 48o + 153 + 286 194 + 15 + 11

Other loans for purchasing or carrying: 16 U. S. Govt, s ecur i t i e s 33 - 1 + 13 16 - 2

Other s ecur i t i e s 447 2 + 73 205 + 5 + 15 Loans t o nonbank f inanc ia l in s t i tu t ions :

362 - 54 Sales finance, personal finance, e t c . 1,201 + 126 + 87 362 + 32 - 54 Other 498 + 2 + 212 243 6 +132

Loans t o foreign banks 340 - 3 + 39 48 - 2 + 17 Real es ta te loans 932 + 5 + 173 313 + 3 + 57 Other loans 3,293 4- 53 + 249 904 + 48 + 6

Loans t o domestic commercial banks 558 + 21 - 200 130 + 64 + 7 4 U. S. Government s e c u r i t i e s - t o t a l 6,766 - 126 + 271 2,245 +108 +206

Treasury b i l l s 1,210 - 307 + 295 313 + 56 - 23 Treasury c e r t i f i c a t e s of indebtedness 669 -J* 77 + 33 184 - 21 +146 Treasury notes and U. 6 . bonds maturing:

+ 42 Within 1 year 1,567 + 120 + 741 352 + 42 + 88 1 t o 5 years 2,382 - 6 - 904 1,227 + 39 + 53 After 5 years 938 - 10 + 106 169 - 8 - 58

Other secur i t i e s 3,419 - 108 + 853 1,217 + 35 +329 Reserves with F. R. Banks 3,494 - 245 + 107 969 - 68 - 56 Currency and coin 210 - 10 + 35 42 - 2 + 6 Balances with domestic banks 122 + 51 + 32 96 - 5 - 34 Other assets - net 2,082 + 105 + 155 204 + l + 34 Total a s s e t s / l i a b i l i t i e s 41,413 +1,832 +4,389 10,795 +254 +845

L I A B I L I T I E S Demand deposits adjusted 2/ 16,289 483 - 264 4,24o - 49 + 85 Demand deposits - t o t a l 3/ 26,096 +1,751 +1,838 6,690 +242 +244

Individuals, partnerships, and corporations 17>075 - 291 + 172 4,504 -156 - 34 States and p o l i t i c a l subdivisions 439 + 154 - 30 423 +107 +162 U. 6 . Government 1,633 -f 773 + 848 364 +194 +121 Domestic interbank: Commercial 3,029 + 244 + 126 1,20k + 49 - 45

Mutual savings 313 6 8 2 + 1 + 1 Foreign: Govts., o f f i c i a l i n s t s . , e t c . 557 + 2 •f 130 16 - 3 + 8

Commercial banks 761 + 13 + 42 36 + 7 + 1 Time and savings deposits - t o t a l k j ' 7,638 + 7 +1,539 2,851 + 6 +594

Individuals, partnerships, and corporations: 815 + 8 Savings deposits 3,355 + 10 815 2,075 + 8 +313

Other time deposits 2,323 - 19 567 618 - 7 +228 States and p o l i t i c a l subdivisions 189 - 4 - 50 16 + l + 1 Domestic interbank 127 - 2 + 42 8 + 1 + 2 Foreign:- Govts., o f f i c i a l i n s t s . , e t c . 1,528 + 22 + 143 117 + 3 + 39

Commercial banks 73 + 14 12 — W + 8 Borrowings: From F. R. Banks - - - 61 ~ - 14 t 8 + 14

From others 1,072 + 64 + 745 61 - 9 - 81 Other l i a b i l i t i e s 2,866 + 4o + 115 236 + 1 + 26

C A P I T A L A C C O U N T S 3,741 + 31 + 152 943 . + 6 M ! i i a 4 > 4

+ 48

±j 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 e s cash items in process of co l l ec t ion .

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 0 . S. Government and postal savings not shown separately.

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