BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM g.4.2 (For Immediate Release) April 13, i960

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

The condition statement of weekly reporting member banks in leading cities show the following principal changes for the week ended April 6: Decreases of $13% million in holdings of U. S. Government securities, $284 million in demand deposits adjusted, and $1,273 million in U. S. Government demand deposits, and an increase of $893 million in demand deposits credited to domestic banks.

Commercial and industrial loans decreased in most districts and a total of $133 million. Loans to brokers and dealers for purchasing or carrying U. S. Government securities increased $69 million. Loans to sales and personal finance Institutions increased $71 million, but loans to other nonbank financial institutions decreased $66 million. Real estate loans decreased $36 million. Other loans increased $43 million.

Borrowings of weekly reporting member banks from Federal Reserve Banks decreased $109 million and borrowings from others decreased $192 million. Loans to domestic com-mercial banks decreased $269 million.

Change since April 6, March 30,

(In million* of dollars)

101,986 100,849 66,837 30,893

898

213 1,335

133 1,120

4,138 1,625 777

1,137 12,550 14,616

24,361 911 433

1,552 16,745 4,720 9,651

12,986 1,102 2, 581 3,653

132,331

April 8, 1252—

A S S E T S

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

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

or carrying: U. S. Govt. securities Other securities

Other loans for purchasing or carrying: U. S. Govt, securities

Other securities Loans to nonbank financial institutions:

Sales finance, personal finance, etc. Other

Loans to foreign banks Loans to domestic commercial banks Real estate loans Other loans

U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes and U. S. bonds maturing:

Within 1 year 1 to 5 years After 5 years

Other securities

Reserves with F. R. Banks Currency and coin Balances with domestic banks Other assets - net Total assets/liabilities

L I A B I L I T I E S

Demand deposits adjusted U. S. Government demand deposits Interbank demand deposits: Domestic banks

Foreign banks Time deposits: Interbank

Other Borrowings: From Federal Reserve Banks

From others

46o -2,496 191 n.a. 53 n.a. 133 n.a. 6 + 59

69) -- ) 577

-

3) 10) - 156

71 n.a. 66 n.a* 19) 269) + 394

- 36 + 822 43 n.a.

134 -8,619 _ 158 -1,741

2 -2,423

27) + 50) -4,455 - 55) - k - 820

118 - 785 - 114 + 6 - 115 - 109

21 + 642 - 546 -2,054

58,788 - 284 -2,115 1,583 . -1, ,273 -1,934 10,947 + 893 - 42 1,387 - 20 - 137 1,160 + 24 - 950 30,448 + 25 + 113

556 - 109 - 101 2,036 - 192 + 954

reserves; individual loan items are shown gross• n.a. - Not available on comparable basis; reporting form revised July 8, 1959•

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

H.4.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER

BANKS IN LEADING CITIES, APRIL 6, i960

Federal Reserve District

Boston New York

Phila-delphia

Cleve-land

Rich-mond Atlanta

(In millions of dollars)

4,184 29,679 3,949 8,142 3,480 4,i4o 4,151 29,152 3,901 8,096 3,446 4,103 2,813 20,528 2,711 4,993 2,070 2,643 1,393 11,606 1,180 2,007 809 1,176

8 26 2 4 8 17

2 l4o 6 15 2 l 28 763 27 103 27 50

5 31 7 21 7 11 12 354 52 130 19 66

157 1,522 158 283 126 125 72 391 68 83 92 124

— — 489 12 — «• 1 1 33 527 48 46 34 37 437 2,158 351 1,293 364 253 7 66 3,575 933 1,145 654 869

962 5,669 851 2,239 1,078 1,127 18 351 24 115 17 58 36 107 5 45 24 39

33 249 42 186 85 115 658 3,787 605 1,633 759 750 217 1,175 175 260 193 165 376 2,955 339 864 298 333

529 4,365 506 1,053 456 526 66 248 61 126 73 60 98 191 127 188 131 313 126 1,650 124 149 102 112

5,371 39,690 5,150 10,184 4,590 5,671

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 to brokers and dealers for purchasing or carrying: U. 8. Govt, securities Other securities

Other loans for purchasing or carrying: U. S. Govt, securities

Other securities Loans to nonbank financial institutions: Sales finance, personal finance, etc.

Other Loans to foreign "banks Loans to domestic commercial hanks Real estate loans Other loans

U. S. Government securities - total Treasury "bills Treasury cert, of indebtedness Treasury notes and U. 8. bonds maturing: Within 1 year 1 to 5 years After 5 years

Other securities

Reserves with F. R. Banks Currency and coin Balances with domestic banks Other assets - net Total assets/liabilities

L I A B I L I T I E S

Demand deposits adjusted U. S. Government demand deposits Interbank demand deposits: Domestic banks Foreign banks

Time deposits: Interbank Other

Borrowings: From F. R. Banks From others

Other liabilities

C A P I T A L A C C O U N T S

3,000 17,815 2,640 4,734 2,356 2,525 94 506 67 128 61 77

367 3,132 454 527 450 893 30 1,051 29 10 12 11 13 898 12 3 5 731 5,798 851 3,014 822 l,o46 17 51 15 38 32 40 58 989 102 71 47 22 151 2,035 104 148 94 88

542 3,858 493 988 365 444

1/ Exclusive of loans to domestic commercial banks and after 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(h) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER

BANKS IN LEADING CITIES, APRIL 6, i960 (Cont'd)

Federal Reserve Dj strict

Chicago St. Louis

Minne-apolis

Kansas City Dallas

San Francisco

(In millions of dollars) A S S E T S

Total loans and investments 14, 088 2,898 1,629 3,653 4,458 21,686 Loans and investments adjusted l/ 14,009 2,860 1,624 3,617 4,427 21,463 Loans adjusted 1/ 8,413 1,841 1,085 2,217 2,826 14,697 Commercial and industrial loans 3,919 788 493 972 1,44l 5,109 Agricultural loans 36 10 22 170 32 563 Loans to brokers and dealers for purchasing or carrying: U. S. Govt, securities 27 3 — — 2 mm mm 15 Other securities 187 21 4 14 25 86

Other loans for purchasing or 25

carrying: U. S. Govt, securities 25 5 — — 5 7 9 Other securities 189 23 6 23 190 56

Loans to nonbank financial institutions: Sales finance, personal finance, etc. 818 1116 83 157 133 430

Other 154 79 27 88 103 344 Losns to foreign banks 35 — — — — — — — — 239 Loans to domestic commercial banks 79 38 5 36 31 223 Real estate loans 1,419 286 203 317 203 5,266 Other loans 1,818 510 265 506 746 2,829

U. S. Government securities - total 4,107 784 4io 1,086 1,222 4,826 Treasury bills 85 16 8 79 42 98 Treasury cert. of indebtedness 86 17 l 34 19 20 Treasury notes and U. S. bonds

19

maturing: Within 1 year 302 100 35 95 72 238 1 to 5 years 2,838 564 293 732 781 3,345 After 5 years 796 87 73 146 308 1,125

Other securities 1,489 235 129 314 379 1,940

Reserves with P. R. Banks 1,642 363 168 494 506 2,378 Currency and coin 143 35 i4 39 47 190 Balances with domestic banks 298 152 56 281 457 289 Other assets - net 261 44 49 92 204 740 Total assets/liabilities 17,661 3,794 2,147 4,974 6,115 26,984

L I A B I L I T I E S

Demand deposits adjusted 7,471 1,597 833 2,263 2, 581 10,973 U. S. Government demand deposits 226 51 35 72 60 206 Interbank demand deposits: Domestic banks 1,703 705 345 895 950 526 Foreign banks 57 4 4 2 17 160

Time deposits: Interbank 25 3 - - " " " 3 198 Other 4,696 671 380 764 1,294 10,381

Borrowings: From F. R. Banks 220 9 46 65 17 6 From others 277 60 51 17 87 255

Other liabilities 305 52 39 46 116 762

C A P I T A L A C C O U N T S 1,452 340 183 435 547 1,816 1,452 340 183 435 547 1,816

l/ Exclusive of loans to domestic commercial tanks and after deduction of valuation reserves; individual loan items are shown gross.

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H.4.3 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

(For Immediate Release) April 7, i960 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES

New York City Chicago Apr. Change since Apr. Change since 6, Mar. 50, Apr. 0, 6, Mar. 30, Apr. 0, i960 I960 1959 i960 i960 1959

A S S E T S (In millions of dol] Lars)

Total loans and investments 24,181 -218 -1,873 7,246 -187 -193 Loans and investments adjusted 1/ 23,723 + 2 n.a. 7,215 -181 n.a. Loans adjusted l/ 17,176 - 94 IX • £L e 4,526 + 10 n.a. Commercial and industrial loans 10,594 - 94 n.a. 2,713 - 31 n.a. Agricultural loans 10 w 1 + 9 21 - 1 + 8 Loans to brokers and dealers for purchasing or carrying:

- 138 U. S. Govt, securities 133 + 51 - 138 23 + 12 + 2 Other securities 744 - 11 - 441 143 + 1 + 11

Other loans for purchasing or carrying: U. S. Govt, securities 29 10 15 - 2 - 3

Other securities 330 - - - 64 160 - 2 + 11 Loans to nonbank financial institutions: Sales finance, personal

514 finance, etc. 1,387 + 7 n.a. 514 + 20 n.a. Other 362 - 24 n. a • 72 — n.a.

Loans to foreign banks 487 + 12) + 252 34 — ) + 38 Loans to domestic commercial banks 458 -220)

+ 252 31 - 6)

+ 38

Real estate loans 897 - 16 + 201 260 + 1 + 27 Other loans 2,6l8 - 17 n.a. 708 + 12 n.a.

U. S. Government securities - total 4,346 +105 -2,995 1,963 -193 -808 Treasury bills 319 + 99 - 803 69 -237 -201 Treasury cert, of Indebtedness 91 - 7 486 64 + 1 -163 Treasury notes and U. 8. bonds maturing:

196 + 7) Within 1 year 196 + 18) 127 + 7) -444 1 to 5 years 2,858 - 4) -1,706 1,294 + 58) -444

After 5 years 882 - l) - 425

409 - 22) - 49 Other securities 2,201 - 9 - 425 726 + 2 - 49

Reserves with F. R. Banks 3,927 -127 - 278 936 + 19 -193 Currency and coin 149 - 8 + 4 33 - 4 - 1 Balances with domestic banks 62 -119 + 10 115 + •41 - 20 Other assets - net 1,516 - 6 + 365 114 + 1 + 18 Total assets/liabilities 33,126 -533 -1,459 9,162 -121 -348

L I A B I L I T I E S

Demand deposits adjusted l4,8o6 -348 -1,030 3,958 +146 -287 U. S. Government demand deposits 438 -364 - 681 122 -128 -280 Interbank demand deposits: Domestic banks 3,024 +195 + l44 l,i46 - 36 - 12 Foreign banks 1,045 - 32 - 154 43 - 6 - l

Time deposits: Interbank 896 + 21 - 805 24 " - 5 Other 3,391 - 23 - 199 1,848 + 15 + 63

Borrowings: From F. R. Banks a- — - 18 124 - 43 - 68 From others 960 - 3 + 281 220 - 84 +154

Other liabilities 1,892 + 60 + 573 147 — - + 15

C A P I T A L A C C O U N T S 3,383 + 16 + 117 812 + 6 + 32 3,383 + 117

1/ Exclusive of loans to domestic commercial banks and after deduction of valuation reserves; individual loan items are shown gross.

2/ Includes savings deposits of $2,154 million, an increase of $2 million from the previous Wednesday and $38 million from a year earlier.

n.a. - Not available on comparable basis; reporting form revised July 8, 1959* Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis