OPGOk F E D E R A L R E S E R V E s t a t i s t i c a l r e l e a s e

For immediate r e l e a s e May l 6 , 1962

H.4.2 CONDITION OF WEEKLY REPORTING MEMBER BANKS IB LEADING CITIES

The cond i t i on s ta tement 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 t h e fo l l owing p r i n c i p a l changes f o r t h e week ended May 9: Decreases of $867

m i l l i o n i n loans a d j u s t e d , $402 m i l l i o n i n holdings of U. S . Government s e c u r i t i e s ,

$271 m i l l i o n i n ho ld ings of "o the r " s e c u r i t i e s , $1,253 m i l l i o n i n demand depos i t s

a d j u s t e d , and $$l6 m i l l i o n i n U. S . Government demand d e p o s i t s .

. Commercial and i n d u s t r i a l loans decreased i n most d i s t r i c t s and a ne t

of $39 m i l l i o n ; dur ing t h e comparable week a year ago, t he se loans decreased $102

m i l l i o n . Loans t o b rokers and d e a l e r s f o r purchas ing o r c a r r y i n g U. S . Government

s e c u r i t i e s decreased $442 m i l l i o n , and t h e i r loans f o r purchas ing o r c a r r y i n g "o ther"

s e c u r i t i e s decreased $184 m i l l i o n . Loans t o s a l e s and pe r sona l f i n a n c i n g i n s t i -

t u t i o n s decreased $196 m i l l i o n , as compared wi th a decrease of $83 m i l l i o n dur ing

the s i m i l a r week in 1961. Real e s t a t e loans inc reased $39 m i l l i o n . "Other" loans

decreased $19 m i l l i o n .

Holdings of Treasury b i l l s by weekly r e p o r t i n g member banks decreased

$442 m i l l i o n ; and t h e combined t o t a l of Treasury no tes and U. S . Government bonds

inc reased $39 m i l l i o n . I

Demand d e p o s i t s a d j u s t e d decreased $714 m i l l i o n i n New York C i t y , $132

m i l l i o n i n t h e Cleveland D i s t r i c t , $110 m i l l i o n i n the San Franc i sco D i s t r i c t , $105

m i l l i o n i n the Chicago D i s t r i c t , $82 m i l l i o n i n the Boston D i s t r i c t , and by l e s s e r

amounts i n a l l bu t t h r e e o t h e r d i s t r i c t s . To ta l time and savings depos i t s inc reased i

I $199 m i l l i o n a t a l l r e p o r t i n g member banks.

Borrowings of weekly r e p o r t i n g member banks from o the r than Fede ra l Reserve

Banks decreased $150 m i l l i o n . Loans t o domestic commercial banks decreased $129

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 WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

May 9,* May 2,

(In mi l l

Change since May 10,

1961 ions of dol lars) A S S E T S

Total loans and investments 122,028 -1,669 + 9,330 Loans and investments adjusted 1 / 120,369 -1,540 + 9,097 Loans adjusted l / 75,063 - 867 + 4,954

Commercial and indus t r i a l loans 32,898 - 39 + 1,095 Agricultural loans 1,377 + 5 + 192 Loans t o brokers and dealers fo r purchasing

or carrying: U. S.-Govt. s ecu r i t i e s 929 - 442 + 335 Other s ecu r i t i e s 2,357 - 184 + 405

Other loans for purchasing or carrying: 106 U. S. Govt, s ecu r i t i e s 106 - 15 - 3

Other secur i t i e s l,klQ + 2 + 150 Loans to nonbank f inanc ia l i n s t i t u t i o n s :

Sales finance, personal finance, e t c . 3,276 - 196 W 16 Other 2,272 - 16** + 669

Loans to foreign banks 701 - 3 + 125 Real es ta te loans 13,913 + 39 + 1,110 Other loans 17,539 - 19** + 1,058

Loans to domestic commercial banks 1,659 - 129 + 233 U. S Government secur i t i e s - t o t a l 31,667 - 402 + 1,377

Treasury b i l l s 3,432 - 442 + 53 Treasury c e r t i f i c a t e s of indebtedness 2, 371 + 1 + 886 Treasury notes and U. S. bonds maturing:

2, 371

Within 1 year 6,501 + 46 + 1,989 1 to 5 years 14,798 - 7 1,273 After 5 years 4,565 mm mm 278

Other secur i t i es 13,639 - 271** + 2,766 Reserves with F. R. Banks 12,555 - 138 + 137 Currency and coin 1,473 + 30 + 126 Balances with domestic banks 2,667 - 301 98 Other asse ts - net 4,759 79 + 338 Total a s s e t s / l i a b i l i t i e s 155,651 -3,937 +10,549

L I A B I L I T I E S Demand deposits adjusted 2/ 61,818 -1,253 - 428 Demand deposits - to ta l 3/ 89,217 -3,844 + 2,377

Individuals, partnerships, and corporations 63,438 -2, ,020 - 52 States and p o l i t i c a l subdivisions 5,528 - 243 + 342 U. S. Government 4,228 - 516 + 1,984 Domestic interbank: Commercial 11,002 - 295 + 105

Mutual savings 528 - 26 - 11 Foreign: Govts., o f f i c i a l i n s t s . , e t c . 675 - 11 + 84

Commercial banks , 1,005 - 40 - 16 Time and savings deposits - t o t a l 4/ 45,869 199 + 7,101

Individuals, partnerships, and corporations: 45,869 7,101

Savings deposits 31,857 + 100 + 3,863 Other time deposits 7,971 + 92 + 2,181

States and p o l i t i c a l subdivisions 3,420 - 6 + 623 Domestic interbank 192 + 5 + 53

. Foreign: Govts., o f f i c i a l i n s t s . , e t c . 2,125 + 8 + 330 Commercial banks 127 - 1 + 32

Borrowings: From F. R. Banks 36

H.4.2(a) CONDITION OF WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS, MAY 9, 1962

Federal Reserve D i s t r i c t Boston New Phi la - Cleve- Rich-York delphia land mond Atlanta

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

Total loans and investments 4,84? 36,302 4,548 9,549 4,395 4,773 Loans and investments adjusted 1 / 4,796 35,537 4,483 9,500 4,366 4,685 Loans adjusted 1/ 3,165 22,929 3,005 5,253 2,618 2,817

Commercial and i n d u s t r i a l loans 1,532 12,004 1,265 1,970 967 1,202 Agricul tura l loans 8 37 5 3 16 4 l Loans t o brokers and dea lers fo r purchasing

or carrying: U. S. Govt, s e c u r i t i e s 13 618 38 30 7 9 Other s e c u r i t i e s 47 1,407 81 146 57 49

Other loans fo r purchasing or carrying: U. S. Govt, s e c u r i t i e s 4 19 5 10 12 4 Other s e c u r i t i e s 24 kSl 69 155 38 47

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 . 125 1,144 140 202 137 129 Other 79 661 54 88 99 128

Loans t o foreign banks 13 363 21 10 2 Real e s t a t e loans 508 2,372 4oi 1,386 424 317 Other loans 890 4,456 1,023 1,355 911 947

Loans t o domestic commercial banks 51 765 65 49 29 88 U. S. Government s e c u r i t i e s - t o t a l 1,132 8,450 1, l 4 i 2,849 1,353 1,453

Treasury b i l l s 187 1,304 137 276 125 161 Treasury c e r t i f i c a t e s of indebtedness 158 762 91 223 60 64 Treasury notes and U. S. bonds maturing:

147 689 Within 1 year 147 1,867 178 689 301 283 1 t o 5 years 549 3,298 569 1,408 681 787 After 5 years 91 1,219 166 253 186 158

Other s e c u r i t i e s 499 4,158 337 1,398 395 415 Reserves with F. R. Banks . 488 3,673 542 908 484 491 Currency and coin 85 349 79 152 107 74 Balances with domestic banks 101 235 135 180 132 337 Other a s se t s - net 165 2,211 150 184 121 144 Total a s s e t s / l i a b i l i t i e s 6,088 47,260 5,894 11,522 5,663 6,394

L I A B I L I T I E S Demand deposi ts adjus ted 2/ 3,269 18,954 2,753 4,664 2,735 2,64i Demand deposi ts - t o t a l 3/ 4,131 27,947 3,839 6,109 3,785 4,269

Individuals, par tnerships , and corporations 3,207 19,054 2,874 4,652 2,791 2,718 Sta tes and p o l i t i c a l subdivisions 291 916 206 471 295 432 U. S. Government 187 1, 525 184 340 168 134 Domestic interbank: Commercial 273 2,978 462 556 458 919

Mutual savings 96 364 37 6 10 Foreign: Govts., o f f i c i a l . ins te . , e t c . 6 558 5 - - 23 3

Commercial banks 25 746 26 14 6 7 Time and savings deposi ts - t o t a l 4/ 1,103 11,152 1,319 3,911 1, 222 1,465

Individuals, par tnerships , and corporat ions: 6,000 924 3,016 l , 066 . Savings deposi ts 813 6,000 924 3,016 923 l , 066

Other time deposi ts 200 2,856 266 635 192 283 States and p o l i t i c a l subdivisions 27 499 71 251 64 96 Domestic interbank 4 138 4 - - 1 11 Foreign: Govts., o f f i c i a l ir>sts., e t c . 44 l , 538 39 6 16 6

Commercial banks 8 74 13 1 - - - -Borrowings: From F. R. Banks - - - - 6 7 - - 2

From others 30 833 53 142 63 22 Other l i a b i l i t i e s 216 3,005 130 232 134 114

C A P I T A L A C C O U N T S 608 4,323 547 l , 121 459 522

See footnotes on f i r s t t a b l e ,

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

11.4.2(b) CONDITION OF WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS, MAY 9, 1962 (Cont 'd)

Federal Reserve D i s t r i c t

Chicago S t . jMinne-Louis japol i s Kansasi

City j Dallas San*

Francisco

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

Tota l loans and investments 16,255 3,286 1,843 4,308 5,440 26,482 Loans and investments ad ju s t ed 1 / 16,193 3,204 1,818 4,267 5,337 26,183 Loans ad jus ted 1 / 9,412 1,999 1,154 2,623 3,310 16,778

Commercial and i n d u s t r i a l loans 4,030 769 545 1,100 1,736 5,778 Agr icu l tu ra l loans 53 30 34 256 51 643 Loans t o brokers and d e a l e r s f o r purchasing

l 4 61 or car ry ing: U. S. Govt, s e c u r i t i e s 117 2 - - l 4 20 61 Other s e c u r i t i e s 251 78 9 22 64 M

Other loans f o r purchasing or ca r ry ing : 10 U. S-. Govt, s e c u r i t i e s 29 4 - - 7 2 10

Other s e c u r i t i e s 264 39 12 43 174 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 :

383 Sales f inance , personal f inance , e t c . . 613 i l l 70 130 92 383 Other 331 85 29 101 167 450

Loans t o fo r e ign banks 54 l - - - - 237 Real e s t a t e loans 1,706 316 200 358 253 5,672 Other loans 2,215 599 274 632 813 3,4s4

Loans t o domestic commercial banks 62 82 25 4 l 103 299 U. S. Government s e c u r i t i e s - t o t a l 4,557 943 480 1,252 1,548 6,509

Treasury b i l l s 347 92 33 179 100 491 Treasury c e r t i f i c a t e s of indebtedness 279 128 26 106 78 396 Treasury notes and U. 3 . bonds maturing:

247 263 Within 1 year 926 209 101 247 263 1 ,290 . 1 t o 5 years 2,385 415 248 575 692 3,191

Afte r 5 years 620 99 72 145 415 1, l 4 i Other s e c u r i t i e s 2,224 262 184 392 479 2,896 Reserves with F. R. Banks 1,768 369 189 504 574 2, 565 Currency and coin 178 45 16 50 58 280 Balances with domestic banks 291 157 64 287 471 277 Other a s s e t s - ne t 386 61 63 108 206 960 Total a s s e t s / l i a b i l i t i e s 20,232 4,254 2,426 5,754 7,270 32,894

L I A B I L I T I E S Demand depos i t s a d j u s t e d 2 / Demand depos i t s - t o t a l

7,563 1,638 882 2,284 2,834 11,601 Demand depos i t s a d j u s t e d 2 / Demand depos i t s - t o t a l 11, 308 2,802 l , 562 3,878 4,468 15,119

Ind iv idua l s , pa r tne r sh ip s , and corporations 7,823 1,801 1,018 2,449 2,985 12,066 Sta te s and p o l i t i c a l subdivis ions 866 149 85 291 305 1,221 U. S. Government 654 99 66 124 114 633 Domestic in te rbank: Commercial 1,737 729 363 973 999 555

Mutual savings l 4 - - 10 Foreign: Govts . , o f f i c i a l i n s t s . , e t c . 16 " - - - - 3 61

Commercial banks 52 5 5 3 14 102 Time and savings depos i t s - t o t a l 4 / 6,634 957 594 1,196 1,951 14,365

Individuals, partnerships, and corporations: 656 904 Savings depos i t s 5,137 656 330 911 904 11,177

Other time deposits 1,026 249 245 231 693 1,095 States and p o l i t i c a l subdivisions 318 46 15 50 335 1,648 Domestic Interbank 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 - - 3 352

Commercial banks 12 - - - - - - 2 17 Borrowings: From F. R. Banks 6 1 3 1 1 9

From others 178 29 17 103 104 374 Other l i a b i l i t i e s 428 63 45 64 115 798

C A P I T A L A C C O U N T S 1,678 402 205 512 631 2,229

See foo tno tes on f i r s t tab le . * Preliminary.

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

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

May Change s ince May Change since 9, May 2, May 10, 9, May 2, May 10,

1962 1962 1961 1962 1962 1961 ( l a mi l l i ons of d o l l a r s )

8,380 8,358 4,978 2,752

23

A S S E T S Tota l loans end investments Loans and investments ad jus t ed i / Loans ad jus ted 1 /

Commercial end I n d u s t r i e ! loans Agr i cu l tu ra l loans Loans t o brokers and d e a l e r s f o r purchasing

or ca r ry ing : U. S. 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 ca r ry ing : 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 nonbank f i n a n c i a l i n s t i tu t ions : Sales f inance , personal f inance , e t c . Other

Loans t o fo r e ign banks Real e s t a t e loans Other loans

Loans t o domestic commercial banks 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. 8 . bonds maturing:

Within 1 year 1 t o 5 years A f t e r 5 years

Other s e c u r i t i e s Reserves with P. R. Banks Currency and coin Balances with domestic banks Other a s s e t s - ne t Tota l 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 depos i t s a d j u s t e d 2 / Demand depos i t s - t o t a l 3 /

Ind iv idua ls , pa r tne r sh ip s , S t a t e s and p o l i t i c a l subdivis ions U. 6 . Government Domestic in te rbank: Commercial

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

Commercial banks Time and savings depos i t s - t o t a l 4 /

Ind iv idua l s , pa r tne r sh ip s , and corporations Savings depos i t s Other time depos i t s

S t a t e s and p o l i t i c a l subdiv is ions Domestic in terbank Foreign:- Govts. , o f f i c i a l l n s t s . , e t c .

Commercial banks Borrowings: From F. R. Banks

From o the r s 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

29,346 28,663 18,830 10,812

9

611 1,343

18 444

1,032 488 348 941

3,280 683

6,705 1,135

665

1,556 2,402

947 3,128 3,186

222 77

2,016 39,030

15,575 24,007

and corporations 16,109 316

1,349 2,900

318 555 725

7,714

3,377 2,364

191 131

1,534 73

815 2,750 3,744

-1,03,4 -1,139 - 787 - 53

1

+ +

- 714 -2,089 - 966 - 123 - 284 - 129 + 5

2 - 36

+ + + + +

+2,110 +2,004 +1,245 + +

252 4

- 403 + 255 - 137 + 86

15 3 +

169 10 8 9

13 125

61 75

4

- 11 + 20 + 9 - 291 - 308 + 12 - 45

66 -2,383

+ + + + + + +

66

7 188

54 171 240 106 106 196

39

713 874 110 653 365

32 4

109 +1,805

+ +

+ + +

546 28

584 51

737 78 2

77 39

76 +1,539

+ +

+ +

22 41

2 4 6

257 116

+ +

+ + +

+ +

822 56l 48 45

142 10

127 171

42

152

-222 -114 - 32 - 10

82 - 25 202 + 8

l 6 204 - 1

362 238

49 315 902 22

2,170 204 185

384 ' 1,227

170 1,210 1,055

40 98

197 10,532

4,192 6,404

315 1,135

1 16 38

2,865

2,086 621

16 8

117 12 6

94 219 944

+ 1 + 2 - 2 -108 - 75 -109 + 1

+ 32

+ 1 - 7 + 86 - 2 + 2 - 7 -263

- 48 -286 -150 + 24 - 49 - 69 - 1

+ 2 + 14

+ 11 + 3

- 8 + 33 - 17 + l

+579 +615 +184 + 65 - 25

- 35 + 27

x + 20

- 44 +133 + 18 * 59 - 21 - 36 +123 -1