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F E D E R A L R E S E R V E H.4.2 For immediate release February l4, 1962 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 February 7: Decreases of $173 million in loans adjusted, $561 million in holdings of U. S. Government sec- urities, $917 million in demand deposits adjusted, and $896 million in U. S. Gov- ernment demand deposits, and an increase of $346 million in time and savings deposits. Commercial and industrial loans increased in eight districts and a total of $46 million; in the comparable week a year ago these loans decreased $20 million. Loans to brokers and dealers for purchasing or carrying U. S. Government securities increased $60 million; but their loans for purchasing or carrying "other" securities decreased $65 million. Loans to sales and personal financing institutions decreased $148 million, as compared with a decrease of $75 million during the similar week a year ago. "Other" loans decreased $4l million. Holdings of Treasury bills by weekly reporting member banks decreased $425 million, Treasury certificates decreased $15 million, and the combined total of Treasury notes and U. S. Government bonds decreased $121 million. Demand deposits adjusted decreased $238 million in the Chicago District, $l6l million in the San Francisco District, $124 million in the Dallas District, __ $116 million in the Cleveland District, and by lesser amounts i n a l l other districts except Richmond. Savings deposits increased $154 million and "other" time deposits of individuals, partnerships, and corporations increased $176 million. Borrowings of weekly reporting member banks.from Federal Reserve Banks increased $53 million and borrowings from others increased $149 million. Loans to domestic commercial banks decreased $7 million. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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  • F E D E R A L R E S E R V E

    H . 4 . 2 For immediate r e l e a s e

    F e b r u a r y l 4 , 1962

    CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

    The c o n d i t i o n s t a t e m e n t of 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 t h e f o l l o w i n g p r i n c i p a l . c h a n g e s f o r t h e week ended Feb rua ry 7 : Decreases of

    $173 m i l l i o n i n l o a n s a d j u s t e d , $561 m i l l i o n i n h o l d i n g s of U. S . Government s e c -

    u r i t i e s , $917 m i l l i o n i n demand d e p o s i t s a d j u s t e d , and $896 m i l l i o n i n U. S . Gov-

    ernment demand d e p o s i t s , and an i n c r e a s e of $346 m i l l i o n i n t ime and s a v i n g s d e p o s i t s .

    Commercial and i n d u s t r i a l l o a n s i n c r e a s e d i n e i g h t d i s t r i c t s and a t o t a l

    of $46 m i l l i o n ; i n t h e comparable week a y e a r ago t h e s e l o a n s d e c r e a s e d $20 m i l l i o n .

    Loans t o b r o k e r s and d e a l e r s f o r p u r c h a s i n g o r c a r r y i n g U. S . Government s e c u r i t i e s

    i n c r e a s e d $60 m i l l i o n ; b u t t h e i r l o a n s f o r p u r c h a s i n g o r c a r r y i n g " o t h e r " s e c u r i t i e s

    d e c r e a s e d $65 m i l l i o n . Loans t o s a l e s and p e r s o n a l f i n a n c i n g i n s t i t u t i o n s dec rea sed

    $148 m i l l i o n , a s compared w i t h a d e c r e a s e of $75 m i l l i o n d u r i n g t h e s i m i l a r week a

    y e a r ago . "Other" l o a n s d e c r e a s e d $ 4 l m i l l i o n .

    Hold ings of T r e a s u r y b i l l s by weekly r e p o r t i n g member banks d e c r e a s e d

    $425 m i l l i o n , T r e a s u r y c e r t i f i c a t e s d e c r e a s e d $15 m i l l i o n , and t h e combined t o t a l of

    T r e a s u r y n o t e s and U. S . Government bonds d e c r e a s e d $121 m i l l i o n .

    Demand d e p o s i t s a d j u s t e d d e c r e a s e d $238 m i l l i o n i n t h e Chicago D i s t r i c t ,

    $ l 6 l m i l l i o n i n t h e San F r a n c i s c o D i s t r i c t , $124 m i l l i o n i n t h e D a l l a s D i s t r i c t , __

    $116 m i l l i o n i n t h e C leve land D i s t r i c t , and by l e s s e r amounts i n a l l o t h e r d i s t r i c t s

    excep t Richmond. Sav ings d e p o s i t s i n c r e a s e d $154 m i l l i o n and " o t h e r " t ime d e p o s i t s

    of i n d i v i d u a l s , p a r t n e r s h i p s , and c o r p o r a t i o n s i n c r e a s e d $176 m i l l i o n .

    Borrowings of weekly r e p o r t i n g member b a n k s . f r o m F e d e r a l Reserve Banks

    i n c r e a s e d $53 m i l l i o n and bor rowings f rom o t h e r s i n c r e a s e d $149 m i l l i o n . Loans t o

    domes t ic commercial banks d e c r e a s e d $7 m i l l i o n .

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

  • 11.4.2 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

    February Change since 7, Jan .31 , Feb. 8 ,

    1962 1962 * 1961 (In mi l l ions of d o l l a r s )

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

    Commercial and i n d u s t r i a l loans Agr icu l tu ra l loans Loans t o brokers and dea 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 Other s e c u r i t i e s

    Other loans f o r purchasing or car 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 noribanlt 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 fo re 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 Af te 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 depos i t s ad jus ted Demand depos i t s - t o t a l 3/

    Indiv iduals , pa r tne r sh ips , and corporat ions S ta tes and p o l i t i c a l subdivis ions U. S. Government Domestic in terbank: 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 /

    Individuals , pa r tne r sh ips , and corpora t ions : Savings depos i t s Other time depos i t s

    S ta t e s and p o l i t i c a l subdivis ions Domestic in terbank

    . 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

    119,704 117,866

    71,705 32,038

    1,314

    389 1,946

    109 1,357

    3,036 2,292

    649 13,415 16,865

    1,838 33,914

    5,779 1,436

    - 672 665

    - 173 + 46

    3

    + 60 65

    2 + 4

    - 148 4o

    + 21 5

    - 4 i 7

    - 561 - 425 - 15

    8,530 7,900 2,757

    764 202

    29 602

    11 188

    487 702 47

    657 381 630

    3,284 1,655

    163

    5,509 + 26 + 2,760 17,668 112 - 472

    3,522 - 35 - 496 12,247 + 69 + 1,859 12,645 + 33 - 234

    1,457 - 75 + 155 2,657 - 238 - 30 4,936 - 5 + 761

    152,692 -2 ,760 +10,495

    63,445 917 + 563 88,483 -3 ,370 + 2,202 64,942 -2 ,219 .. n . a . 4,972 - 213 + 116 2,324 - 896 - 13

    11,421 + 246 n . a . 565 + 45 n . a . 577 - 45 n . a . 990 - 20 n . a .

    43,209 + 346 + 6,486

    30,794 + 154 n . a . 6,729 4* 176 n . a . 3,098 + 30 + 585

    168 + 2 n . a . 2 , i 4 o - 17 n . a .

    110 + 5 n.a* 105 + 53 - 307

    2,160 + 149 + 670 5,672 + 31 + 661

    13,063 + 31 783 JLJ JIAV-J-"""-

    rese rves ; ind iv idua l loan items are shown gross . 2 / Includes a l l demand depos i t s except those of U. S. Government and domestic commercial

    hanks, l e s s cash items in 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 certified and officers' checks not shown separately. \J inc ludes time depos i t s of U. S. Government and pos t a l saving!

    n . a . Not a v a i l a b l e . January 3 1 figures revised.

    savings not shown separa te ly .

    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, FEBRUARY 7, 1962

    Federal Reserve D i s t r i c t

    Boston New P h i l a - Cleve- Rich-York de lphia land mond (In mi l l i ons of d o l l a r s )

    Atlanta

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

    Commercial and i n d u s t r i a l loans Agr i cu l t u r a l loans Loans t o b rokers 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 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 , persona l f inance, e t c . Other

    Loans t o fo re 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 no tes and U. S. bonds maturing:

    Vfithin 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 - ne t 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 a d j u s t e d 2 / Demand depos i t s - t o t a l 3/

    Ind iv idua l s , pa r tne r sh ips , and corpora t ions S t a t e s and p o l i t i c a l subdiv is ions U. S. Government Domestic in te rbank: Commercial

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

    Commercial banks Time and savings d e p o s i t s - t o t a l 4 /

    Ind iv idua ls , p a r t n e r s h i p s , and. corpora t ions : . 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 te rbank Foreign: Govts. , o f f i c i a l i i>ste. , 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

    4,817 35,836 4,377 9,253 4,359 4,626 4,758 35,183 4,335 9,206 4,311 4,588 3,038 21,601 2,889 5oo4 2,541 2,734 1,452 11,781 1,173 1,866 961 1,167

    9 35 5 3 l 4 43

    12 237 4 33 4 1 31 l , l l 4 75 121 46 47

    4 26 5 7 11 6 21 480 71. 139 35 44

    123 l , 008 147 182 138 132 77 606 70 104 100 146 15 316 25 10 l

    495 2 ,26 l 400 l , 365 421 302 875 4,363 1 ,011 1,276 861 902

    59 653 42 47 48 38 1,262 9,697 l , 121 3,034 l , 383 1 ,W4

    293 2, 365 i4o 370 183 166 68 519 61 108 51 49

    248 1,427 191 830 231 235 583 4,466 603 1,524 785 891 70 920 126 202 133 143

    458 3,885 325 1,168 387 370 544 4 ,031 492 893 481 533 81 344 79 148 103 75 95 214 102 175 137 340

    156 2,407 148 199 118 143 6,091 47,051 5,623 11,186 5,611 6,276

    3,361 19,869 2,734 4,788 2,773 2,592 4,120 27,842 3,707 6,049 3,794 4,226 3,269 19,779 2,937 4,805 2,813 2,712

    299 948 115 4l4 298 4oo 108 817 111 183 107 91 253 2,937 437 560 501 984 114 389 33 7 8

    7 473 6 26 3 28 738 27 13 7 7

    1,037 10,456 1,200 3,699 1,175 1,367

    791 5,673 903 2,948 887 1,029 158 2,483 222 526 176 233

    30 457 23 217 74 86 4 120 2 1 9

    42 1,605 45 5 12 7 4 73 3 l - -1 52 4 2

    125 1,060 43 139 57 62 214 3,376 130 192 135 105

    594 4,265 543 1,107 446 514

    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

  • 11.4.2(b) CONDITION OF WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS, FEBRUARY 7, 1962 (Cont 'd )

    Federa l Reserve D i s t r i c t

    Chicago S t . Louis Minne-a p o l i s

    Kansas Ci ty Dal las

    San Francisc

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

    15,731 3,344 1,782 4,258 5,368 25,953 15,493 3 ,281 1,759 4,182 5,248 25,522

    8,877 2,005. 1 ,095 2,530 3,231 16,160 3 ,881 813 498 1,038 1,759 5,649

    55 23 32 262 49 784

    6 l 2 1 26 3 5 203 72 9 24 59 145

    28 4 7 4 7 250 32 11 35 172 67

    573 112 70 128 83 340 327 92 29 97 159 485

    48 1 w 3 - 230 1,586 307 202 342 246 5,488 2,112 582 262 609 759 3,253

    238 63 23 76 120 431 4,672 1,033 499 1,289 1,585 6,855

    742 129 65 204 174 948 192 24 13 64 56 231

    697 263 103 233 226 825 2,618 544 272 661 779 3,942

    423 73 46 127 350 909 1,944 243 165 363 432 2,507 1 ,701 393 200 512 581 2,284

    167 43 15 48 55 299 311 153 62 295 465 308 357 63 56 103 212 974

    19,569 i

    4,326 2,348 5,706 7,199 31,706

    7,778 1,688 930 2,387 2,806 11,739 11,211 2,920 1 ,588 3 ,981 4,553 14,492

    8,090 1,851 1,029 2,521 3,001 12,135 762 144 107 3 H 259 915 351 63 43 82 63 305

    1,780 839 382 1,022 1,166 560 2 mmmm 8

    10 mm mm 3 49 50 6 6 4 12 92

    6 ,121 907 513 1 ,103 l , 8 4 l 13,790

    4,918 674 329 877 856 10,909 790 190 169 179 638 965 280 37 11 44 331 1,508

    10 l 4 17 102 2 2 3 315

    10 2 17 31 9 6

    145 33 2 50 88 356 402 63 43 61 93 858

    1,659 394 202 505 624 2,210

    A S S E T S T o t a l loans and investments Loans and investments a d j u s t e d l / Loans a d j u s t e d l /

    Commercial and i n d u s t r i a l l oans A g r i c u l t u r a l l oans , Loans t o b roke r s 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 purchas ing 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 nohbank f i n a n c i a l i n s t i t u t i o n s : Sales f inance , pe r sona l f inance , e t c . Other

    Loans t o f o r e i g n 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 no te s and U. S. bonds matur ing:

    Within 1 year 1 t o 5 yea r s A f t e r 5 yea rs

    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 - 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 d e p o s i t s a d j u s t e d 2 / Demand d e p o s i t s - t o t a l 3/

    I nd iv idua l s , p a r t n e r s h i p s , and corpora t ions S t a t e s and p o l i t i c a l subd iv i s ions U. S. Government Domestic i n t e rbank : 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 d e p o s i t s - t o t a l 4 /

    I nd iv idua l s , p a r t n e r s h i p s , and co rpora t ions : Savings d e p o s i t s Other t ime d e p o s i t s

    S t a t e s and p o l i t i c a l subd iv i s ions Domestic in te rbank 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 o t h e 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

    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

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

    Feb. Change since Feb. Change since 7, Jan .31 , Feb. 8 , 7, Jan .31 , . Feb. 8,

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

    of indebtedness S. bonds maturing:

    A S S E T S Tota l loans and investments Loans and investments a d j u s t e d l / Loans ad jus t ed l /

    Commercial and i n d u s t r i a l loans A g r i c u l t u r a 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 t u t i o n s : Sa les f inance , persona l f inance , e t c . Other

    Loans t o f o r e i g n 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 Treasury notes and U.

    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 F. 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 l s , p a r t n e r s h i p s , and corpora t ions S t a t e s and p o l i t i c a l subdiv is ions U. S. Government Domestic in te rbank : 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 /

    Ind iv idua l s , p a r t n e r s h i p s , and corpora t ions 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 subd iv i s ions Domestic in te rbank 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 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

    29,096 28,491 17,609 10,642

    11

    223 1,071

    369 +2,521 322 +2,250

    699 228

    1

    160 + 43 +

    - - 4-

    74 + 10 68 + 292

    8,088 7,929 4,668 2,671

    22

    32 157

    - 19 - 78 - 2 2 + 29

    - 2 0 - 2

    24 15 - -444 - 1 + 97 191 - -

    884 100 218 341 - 1 9 442 - 7 + 156 229 - 1 0 304 + 14 - 148 42 + 3 835 - 2 + 62 297 + 4

    3,219 - 27 + 285 834 - 7 605 - 47 + 271 159 + 59

    7,904 - 195 +1,012 2,244 - 60 2,091 - 170 + 715 503 - 80

    469 - 3 - 103 111 + 8

    1,209 + 37 + 738 247 + 6 3,460 - 35 - 187 1,243 + 1

    675 - 24 - 151 i4o + 5 2,978 + 33 + 539 1,017 + 4 3,555 - 48 - 142 973 - 4 l

    221 + l 4- 28 40 - l 60 - 8 + 13 105 - 10

    2,219 + 23 4- 521 184 6 39,069 - 1 ,514 +3,529 10,131 -144

    16,384 65 166 4,230 -126 23,864 -1 ,733 + 529 6,306 -228 16,811 - 934 n . a . 4,516 -195

    276 - 16 - 7 313 + 29 710 - 267 - 5 173 - 75

    2,852 - 288 n.a . 1,162 + 40 343 + 36 n . a . 2 4- 1 471 - 38 n.a . 10 - 2 721 - 19 n .a . 36 - 2

    ^ 7,295 + 76 +1 ,915 2,565 + 37

    3 ,111 + 42 n . a . 1,954 + 18 2,155 + 36 n . a . 474 + 18

    200 + 6 - 55 14 + 1 116 n .a . 6 - -

    1 ,601 - 11 n .a . 102 72 + 6 n .a . 10 - -52 + 52 + 4 17 + 12

    1,005 + 59 + 235 107 + 4o 3,152 + 24 + 694 202 6

    3,701 a 4 #n v

    + 8 + 152 r dedi

    934 i c t ion of

    + 1 valuai

    +288 +143 - 73 - 11 - 9

    - 27 + 24

    6 + 1 7

    - h i + l 4 l + 9 + 4o -124 +145 + 5 + 65 + 65

    +109 -177 - 57 +211 - 12 + 4 - 8 + 35 +362

    - 94 - 57 . n .a . + 31 - 5 n.a* n.a. n .a . n .a .

    +400

    n.a . n .a .

    n .a . n .a . n .a .

    - 59 + 25 + 5 + 48

    r e s e r v e s ; n i n d i v i d u a l of U. S. Government ^ d ? t t e s t ^ ^ r c l a l

    banks, l e e s cash items in 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 s e p a r a t e l y . o a r i o r o t p l v 4 / Includes time depos i t s of U. S . Government and p o s t a l savings not shown separa te ly . n.ar not ava i lable . Digitized for FRASER

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