Top Banner
FEDERAL RESERVE statistical release H.4.2 For immediate release August 30, 1961 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES The condition statement of weekly reporting member "banks in leading cities shows the following principal changes for the week ended August 23: Decreases of $336 million in loans adjusted, $368 million in U. S. Government demand deposits, and $502 million in demand deposits credited to domestic banks, and an increase of $417 million in demand deposits adjusted. Commercial and industrial loans decreased in nine districts and a net of $94 million at weekly reporting member banks; in the comparable week a year ago these loans decreased $2l6 million. Loans to brokers and dealers for purchasing or carrying U. S. Government and other securities decreased $149 million. Loans to nonbank financial institutions decreased $70 million. Real estate loans in- creased $36 million. "Other" loans decreased $$4 million. Holdings of Treasury bills decreased $67 million, and the combined total of Treasury notes and U- S. Government bonds increased $59 million. Demand deposits adjusted increased $92 million in the City of Chicago, $82 million in the Dallas District, $50 million i n New York City, and by lesser amounts in a l l but two other districts. Time and savings deposits of individuals, partnerships, and corporations increased $45 million. Borrowings of weekly reporting member banks from Federal Reserve Banks decreased $83 million and borrowings from others decreased $386 million. Loans to domestic commercial banks decreased $2l4 million. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
5
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: h42_19610830.pdf

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

H . 4 . 2

For immediate r e l e a s e August 30, 1961

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

The c o n d i t i o n statement o f weekly r e p o r t i n g member "banks i n l e a d i n g c i t i e s

shows the f o l l o w i n g p r i n c i p a l changes f o r the week ended August 23: Decreases o f

$336 m i l l i o n i n loans adjus ted , $368 m i l l i o n i n U. S . Government demand d e p o s i t s ,

and $502 m i l l i o n i n demand d e p o s i t s c r e d i t e d t o domestic banks, and an increase of

$417 m i l l i o n in demand d e p o s i t s a d j u s t e d .

Commercial and i n d u s t r i a l l oans decreased i n n ine d i s t r i c t s and a n e t

of $94 m i l l i o n a t weekly r e p o r t i n g member banks; i n the comparable week a year ago

these loans decreased $ 2 l 6 m i l l i o n . Loans t o brokers and d e a l e r s f o r purchasing

or carry ing U. S . Government and other s e c u r i t i e s decreased $149 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 $70 m i l l i o n . Real e s t a t e loans i n -

creased $36 m i l l i o n . "Other" loans decreased $$4 m i l l i o n .

Holdings o f Treasury b i l l s decreased $67 m i l l i o n , and the combined t o t a l

of Treasury n o t e s and U- S . Government bonds increased $59 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 $92 m i l l i o n i n the C i t y of Chicago,

$82 m i l l i o n i n the D a l l a s D i s t r i c t , $50 m i l l i o n i n New York C i t y , and by l e s s e r

amounts i n a l l but two o ther d i s t r i c t s . Time and sav ings d e p o s i t s of i n d i v i d u a l s ,

par tnersh ips , and corporat ions increased $45 m i l l i o n .

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

decreased $ 8 3 m i l l i o n and borrowings from others decreased $ 3 8 6 m i l l i o n . Loans

t o domestic commercial banks decreased $ 2 l 4 m i l l i o n .

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

Page 2: h42_19610830.pdf

11.4.2 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

Aug. 23, Change s ince 1961 Aug. 16, • Aug. 24,

1961 I960 A S S E T S

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

Commercial and i n d u s t r i a l loans Agricultural loans Loans t o brokers and dea lers 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

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

Loans t o fore 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. S. bonds maturing:

Within 1 year 1 t o 5 years After 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 depos i t s adjusted 2 / Demand depos i t s - t o t a l 3 /

Individuals , partnerships, and corporations States and p o l i t i c a l subdiv i s ions U. S. 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 and savings depos i t s - t o t a l k j

Individuals , partnerships , and corporations: Savings d e p o s i t s Other time depos i t s

S ta tes and p o l i t i c a l subdiv is ions 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

(In m i l l i o n s of d o l l a r s )

115,649 - 545 +8,577 114,224 - 331 +8,479

69,704 - 336 +1,099 31,498 - 94 + 391

1 ,116 + 15 + 81

426 103* - 4 l 1 ,847 - 46* + 454

104 2* - 43 1 ,378 + 8* + 235

3 ,304 75 - 897 1 ,786 + 5 + i 4 i

551 - 29 - 121 13,038 + 36 + 159 16,224 - 54 + 850

1 ,425 - 21k + 98 33,322 - 6 +5,808

5,394 - 67 +2,985 1 ,522 + 2 + 194

6 ,289 + 85* +5,546 15,967 + 15* -2 ,200

4 ,150 - 4 l - 717 11,198 + 11 +1,572 12,140 362 - 932

1 ,403 + 56 + 146 2,785 — 68 + 105 4 ,378 - 37 + 527

146,964 - 2 ,770 +9,50.7

61,434 417 + 313 86 ,846 - 2 , 2 6 7 +2,173 62,748 -1 ,265 NA

4 ,702 - 10 + 72 3 ,748 - 368 - 147

11,055 - 502 NA 465 - 49 NA 681 + 15 NA 986 - 37 NA

40 ,521 + 47 +6,627

29,015 Hh 30 NA 6 ,351 + 15 NA 2 ,811 — + 735

151 - 2 NA 1,935 + 13 NA

92 - 8 NA 5 - 83 - 94

1 ,561 - 386 546 5 ,409 - 79 + 611

12,622 . - 2 + 736 1 / Exclusive of loans t o domestic commercial banks and a f t e r deduction of valuation

reserves ; indiv idual loan items are shown gross . 2 / Includes a l l demand depos i t s except those of U. S. Government and domestic commercial

banks, l e s s cash items i n process of c o l l e c t i o n . Year-ago comparison excludes change in depos i t s due t o 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 separate ly . 4 / Includes time depos i t s of U. S. Government and p o s t a l savings not shown separate ly . NA - not a v a i l a b l e .

* - August 16 f i g u r e s r e v i s e d . Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 3: h42_19610830.pdf

11.4.2(a) CONDITION OF WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS, AUGUST 23, 1961

Federal Reserve D i s t r i c t

Boston New York

Phi la-delphia

Cleve-land

Rich-mond At lent 1

A S S E T S (In m i l l i o n s of do l lar s )

Total loans and investments 4 ,634 34,768 4,376 9,042 4,131 4,505 Loans and investments adjusted 1 / 4,607 34,147 4,359 9,008 4,089 4,434 Loans adjusted 1 / 3,037 20,927 2,954 5,011 2,442 2,647

Commercial and indus tr ia l loans 1,487 11,612 1,250 1,947 958 1,154 Agricultural loans 7 25 2 3 13 18 Loans t o "brokers and dealers for purchasing

206 or carrying: U. S. Govt, s e c u r i t i e s 5 206 17 12 5 9 Other s e c u r i t i e s 29 1,170 61 98 31 4 i

Other loans for purchasing or carrying: U. S. Govt, s e c u r i t i e s 4 21 5 7 9 1 0 Other s e c u r i t i e s 20 461 68 147 30 50

Loans t o ROhbank f i n a n c i a l i n s t i t u t i o n s : 144 206 Sales f inance, personal f inance, e t c . 144 1 , 1 9 1 137 206 1 0 9 1 2 9

Other 70 3^5 68 91 96 1 1 8 Loans t o fore ign banks - » 293 26 9 - - 1 Real e s t a t e loans 488 2,159 396 1,343 413 279 Other loans 855 4 , 0 0 9 1 , 0 1 5 1,243 825 8 9 2

Loans t o domestic commercial hanks 27 6 2 1 17 34 42 71 U . S . Government s e c u r i t i e s - t o t a l l , 131 9,716 1 , 0 7 6 2 , 9 6 8 1 , 2 7 0 i , 4 l 4

Treasury h i l l s 159 2,202 177 525 1 0 8 2 0 2 Treasury c e r t i f i c a t e s of indebtedness 57 586 57 136 4o 45 Treasury fiotes and U. S • bonds maturing:

1 6 8 247 Within 1 year 2 0 3 1,707 1 6 8 579 247 313 1 t o 5 years 6 2 5 4,150 535 1,453 725 6 9 8 After 5 years 87 1,071 139 275 1 5 0 156

Other s e c u r i t i e s 439 3,504 329 1,029 377 373 Reserves with F. R. Banks 5 0 2 3,783 450 9 1 8 446 442 Currency and coin 80 2 9 6 84 151 1 0 6 76 Balances with domestic banks 94 212 123 192 144 342 Other a s s e t s - net 1 6 0 2,070 132 1 7 8 1 1 0 120 Total a s s e t s / l i a b i l i t i e s 5,830 44,984 5,558 11,004 5,333 5,977

L I A B I L I T I E S

Demand depos i ts adjusted 2 / 3,224 19,174 2,583 4,688 2,595 2,598 Demand depos i ts - t o t a l 3 / 4,017 2 7 , 1 8 2 3,607 6 , 0 7 9 3,596 4 , 0 5 1

Individuals, partnerships, and corporations 3,145 19,054 2,732 4,693 2,666 2,642 States and p o l i t i c a l subdivis ions 259 8 8 9 1 5 0 431 2 5 8 4l4 U. S. Government 1 7 8 l , 158 1 9 0 335 1 4 5 136 Domestic Interbank: Commercial 255 2,995 44l 533 460 8 2 5

Mutual savings 1 0 7 304 28 5 7 Foreign: Govts. , o f f i c i a l i n s t s . , e t c . 9 510 7 - - 30 3

Commercial banks 22 738 24 13 6 7 Time and savings depos i t s - t o t a l 4 / 942 9,827 1,234 3,500 1,099 1,302

Individuals, partnerships, and corporations: 748 857 2,824 8 2 9 . Savings depos i t s 748 5,150 857 2,824 8 2 9 1,000

Other time depos i t s 135 2,426 254 4 7 6 1 6 7 1 9 4 States and p o l i t i c a l subdivis ions 6 5 0 6 77 193 6 2 93 Domestic interbank 2 1 0 3 3 1 2 6 Foreign: Govts., o f f i c i a l ir^sts., e t c . 3 8 1,524 39 4 11 6

Commercial banks 4 71 2 - - - -

Borrowings: From F. R. Banks 1 - - - 4 • •

From others 65 735 68 153 70 17 Other l i a b i l i t i e s 220 3,055 124 1 9 8 135 1 0 6

5 A P I $ A L iSSSHSSfi 585 4,185 5 2 5 1 , 0 7 0 433 501

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

Page 4: h42_19610830.pdf

11.4.2(b) CONDITION OP WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS, AUGUST 23, 1961 (Cont'd)

Federal Reserve D i s t r i c t

Chicago St. Minne- Kansas Dallas San Louis apolis City Dallas Francisco

A S S E T S Total loans and investments Loans and investments adjusted 1 / Loans adjusted 1 /

Commercial and indus tr ia l loans Agricultural loans Loans t o brokers and dealers for 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

Other loans for 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 nonbank 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 . Other

Loans t o fore 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. S• bonds maturing:

Within 1 year 1 t o 5 years After 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 depos i ts adjusted 2 / Demand deposi ts - t o t a l 3/

Individuals, partnerships, and corporations States and p o l i t i c a l subdivis ions U. S. 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 and savings depos i t s - t o t a l 4 /

Individuals, partnerships, and corporations: Savings depos i t s Other time depos i t s

States and p o l i t i c a l subdivis ions 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

(In millions of dollars)

15,311 15,217

8,695 3,882

34

82 181

3,178 3,124 1,917

7 8 0 21

2 44

1,755 1,713 1,113

5 1 6 24

1 5

4,o64 3,988 2,415 1 , 0 5 2

1 9 2

14 21

5,057 4,990 3,064 1,543

34

30 55

24,828 24,548 15,482

5,317 743

43 111

28 248

642 2 1 3

40 1,526 2,049

94 4,796

8 3 1 1 9 8

798 . 2 , 4 i 4

555 1 , 7 2 6 1,674

1 6 9 337 323

19,110

29 8 32 2 2 7 58

106 67 1 1 9 83 371 92 26 119 149 399

M mm mm mm 182 2 9 8 202 346 224 5,364 573 282 552 770 3,159

54 42 76 67 280 967 465 1 , 2 2 3 1,507 6,789

8 5 63 1 6 1 123 758 22 1 1 54 49 2 6 7

305 1 1 0 2 7 8 213 1,368 454 226 594 674 3,419 101 55 1 3 6 448 977 240 135 350 4 1 9 2 , 2 7 7 348 1 9 1 489 540 2,357

45 17 . 50 58 2 7 1 152 76 325 484 304

55 51 94 182 903 4,092 2,335 5,483 6*8.19 30,439

7,568 1 , 6 6 5 8 7 6 2,303 2,744 U , 4 l 6 11,348 2,768 1,634 3,880 4,396 14,288 7 ,841 1,818 9 8 9 2,469 2,991 1 1 , 7 0 8

811 1 3 8 101 2 5 4 185 812 6 2 5 1 0 0 84 130 1 5 0 517

1,859 6 8 9 4 2 9 9 8 6 i , o o 4 579 1 — — 5 — — 8

15 mm mm - - ' ...... 5 1 0 2

49 5 5 3 13 1 0 1

5,645 868 4 5 6 1,009 1 , 6 5 5 12,984

4,641 6 6 9 334 8 0 7 7 8 0 10,376 709 149 112 155 557 1,017 1 9 6 42 6 44 305 1,281

11 2 1 5 15 74 2 2 — — - - 235

5 — " l 9

98 1 6 3 43 88 2 0 5

403 69 44 62 83 9 1 0

1 , 6 1 6 371 1 9 8 489 597 2 , 0 5 2

See f o o t n o t e s on f i r s t t a b l e .

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

Page 5: h42_19610830.pdf

H-4 -3 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES New York City Chicago

Aug. Change since Aug. Change since 23, Aug. 16, Aug. 24, 23, Aug. 16, Aug. 24,

1961 1961 I960 1961 1961 i960 A S S E T S (In millions of dol] .are)

Total loans and investments 28,210 - 193 +2,802 7 ,892 8 5 + 4 5 7 Loans and investments adjusted 1/ 27,6.18 - 266 +2,706 7,846 - 95 + 456 Loans adjusted l / 17,048 - 286 + 121 4,553 + 8 _ 87 Commercial and industrial loans 1 0 , 3 0 3 - 55 + 71 2 , 6 5 8 - 3 - 145 Agricultural loans 4 -H 1 1 17 + 1 Loans to brokers and dealers for purchasing

17

or carrying: U. S. Govt, securities 1 9 6 - 85 9 53 + 22 + 12 Other securities 1 , 1 4 7 - 32 + 2 9 5 139 - 9 _ 2

Other loans for purchasing or carrying: U. S. Govt, securities 2 0 9 14 3 4 Other securities 426 + 2 + 8 5 1 9 2 + 4 •f 3 1

Loans to nonbank financial institutions: + 8 5 1 9 2 3 1

Sales finance, personal finance, e tc . l , 084 - 63 - 312 37 6 - 1 0 - 1 3 0 Other 3 0 6 - 5 + l 132 + 8 + 4 9

Loans to foreign banks 2 8 5 - 22 - 137 39 - 1 + 3 Real e s ta te loans 775 + 8 - 6 3 274 + 2 + 2 9 Other loans 2,942 - 35 + 2 3 6 8 1 1 - 4 83

Loans to domestic commercial banks 592 + 73 + 9 6 46 + 10 + 1 U. S. Government securities - tota l 7,972 + 5 + 2 , 1 2 0 2 , 4 3 8 - 67 + 424

.Treasury b i l l s 1,981 - 12 +1,024 584 - .77 + 4 1 5 Treasury c e r t i f i c a t e s of indebtedness 510 — — + 28 106

.77 + 33

Treasury notes and U. S. bonds maturing: 33

Within 1 year 1,425 + 2 7 * +1,409 390 + 1 6 + 3 6 0 1 t o 5 years 3,264 - - * - I l l 1 , 1 6 8 - 1 - 2 0 3 After 5 years 792 - 10 - 230 . 1 9 0 - 5 - 1 8 1

Other s e c u r i t i e s 2 , 598 + 15 + 465 855 - 36 + 119 Reserves with F. R. Banks 3 , 3 3 6 - 100 - 359 1,002 - 17 - 12 Currency and coin 1 7 3 - 4 + 2 6 38 - 1 + 3 Balances with domestic banks 6 1 + 3 + 9 115 - 10 19 Other as se t s - net 1 , 9 1 6 + 3 + 2 6 9 1 6 2 + 1 + 4 l Total a s s e t s / l i a b i l i t i e s 37, 286 - 6 1 0 +3,257 9,966 - 286 + 533

L I A B I L I T I E S Demand deposi ts adjusted 2 / 15,845 + 50 - 6 7 4,168 + 92 44 Demand deposi ts - t o t a l 3/ 23,319 4i6 + 6 8 1 6 , 4 7 0 - 180 + 70

Individuals, partnerships, and corporations 16,229 r- 179 NA 4 , 4 i 6 - 112 NA States and po l i t i ca l subdivisions 2 3 9 - 21 - 34 366 + 19 + 2 0 U. S. Government 9 6 2 - 126 - 77 3 1 8 - 4o - 9 Domestic interbank: Commercial 2,922 - 21 NA 1 , 2 2 7 - 58 NA

Mutual savings 267 - 26 NA l 58

NA Foreign: Govts., o f f i c i a l ins t s . , e tc . 506 + 15 NA 15 + 1 NA

Commercial banks 723 - 49 NA 36 "f 5 NA Time and savings deposits - total 4/ 6,813 + 23 +2,118 2,335 + 1 + 436

Individuals, partnerships, and corporations: 2,335 436

Savings deposits 2,697 + 3 NA l , 8 0 6 + 1 NA Other time depos i t s 2,121 + 10 NA 428 + 2 NA

States and pol i t ica l subdivisions 262 + 2 + 82 13 mm mm 1 Domestic interbank 99 *• w NA 7 mm mm NA Foreign:- Govts., o f f i c i a l ins ts . , etc . 1,522 + 15 NA 74 2 NA

Commercial banks 70 - 7 NA 5 NA Borrowings: From F. R. Banks — — — — - 36

From others 671 - 235 - 219 50 - 74 93 Other l i a b i l i t i e s 2,845 + 19 + 490 2 0 5 + 3 + 44 C A P I T A L A C C O U N T S 3,638 - 1 + 187 906 " + 76 1/ Exclusive of loans to domestic commercial banks and after 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, less cash items in process of collection. Year-ago comparison excludes change in deposits due to mutual savings banks.

3/ Includes cert i f ied and off icers checks not shown separately. 4/ Includes time deposits of U. S. Government and postal savings not shown separately. NA - not available. * August 16 f i g u r e s r e v i s e d .

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