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statist! (a release F E D E R A L R E S E R V E For immediate release November 28, 1962 CONDITION OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended November 21: Increases of $436 million in holdings of U. S. Government securities and $1,187 million in U. S. Government demand deposits, and decreases of $131 million in demand deposits adjusted and $5^9 million in demand deposits credited to domestic commercial banks. Commercial and industrial loans increased in eight districts and a net of $132 million; during the comparable week a year ago, these loans decreased $112 million. Loans to brokers and dealers for purchasing or carrying U. S. Government securities decreased $250 million, and their loans for purchasing or carrying "other" securities increased $59 million. Loans to sales and personal financing institutions decreased $11 million and loans to "other" nonbank financial institutions decreased $34 million, as compared with decreases of $83 million and $6 million, respectively, during the similar week in 1961. Real estate loans increased $68 million. "Other" loans increased $53 million. Holdings of Treasury bills by weekly reporting member banks increased $451 million. Treasury certificates increased $174 million and the combined total of Treasury notes and U. S. Government bonds decreased $189 million largely reflecting the Treasury refinancing on November 15 • The latter included a decrease of $1,757 million in issues maturing within 1 year, and increases of $957 million and $6ll million in the " 1 t o 5 years" and "after 5 years" maturity groups, respectively. "Other" securities increased $164 million. Demand deposits adjusted decreased $84 million in the Cleveland District, $60 million in the Richmond District, $56 million in the Chicago District, and $55 million in the Minneapolis District; but they increased $68 million in the New York District and $64 million in the Kansas City District. Savings deposits increased $64 million and "other" time deposits of individuals, partnerships, and corporations decreased $84 million. Borrowings of weekly reporting member banks from Federal Reserve Banks / increased $36 million but borrowings from others decreased $246 million. Loans to domestic commercial banks decreased $196 million. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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  • s t a t i s t ! ( a r e l e a s e

    F E D E R A L R E S E R V E

    For immediate release November 28 , 1962

    CONDITION OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES

    The c o n d i t i o n s t a t e m e n t of week ly 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 changes f o r t h e week ended November 21 : I n c r e a s e s of

    $436 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 and $ 1 , 1 8 7 m i l l i o n i n U. S .

    Government demand d e p o s i t s , and d e c r e a s e s of $131 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 $5^9 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 d o m e s t i c commerc ia l b a n k s .

    Commercia l a n d 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 n e t of

    $132 m i l l i o n ; d u r i n g t h e comparab le week a y e a r a g o , t h e s e l o a n s d e c r e a s e d $112 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

    d e c r e a s e d $250 m i l l i o n , and 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

    i n c r e a s e d $59 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 d e c r e a s e d

    $ 1 1 m i l l i o n a n d l o a n s t o " o t h e r " nonbank f i n a n c i a l i n s t i t u t i o n s d e c r e a s e d $34 m i l l i o n ,

    a s compared w i t h d e c r e a s e s of $83 m i l l i o n and $6 m i l l i o n , r e s p e c t i v e l y , d u r i n g t h e

    s i m i l a r week i n 1961 . R e a l e s t a t e l o a n s i n c r e a s e d $68 m i l l i o n . "Othe r" l o a n s i n c r e a s e d

    $53 m i l l i o n .

    H o l d i n g s of T r e a s u r y b i l l s b y week ly r e p o r t i n g member banks i n c r e a s e d

    $451 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 i n c r e a s e d $174 m i l l i o n a n d t h e combined t o t a l of

    T r e a s u r y n o t e s a n d U. S . Government bonds d e c r e a s e d $189 m i l l i o n l a r g e l y r e f l e c t i n g

    t h e T r e a s u r y r e f i n a n c i n g on November 15 The l a t t e r i n c l u d e d a d e c r e a s e of $ 1 , 7 5 7 m i l l i o n

    i n i s s u e s m a t u r i n g w i t h i n 1 y e a r , and i n c r e a s e s of $957 m i l l i o n and $ 6 l l m i l l i o n i n t h e

    " 1 t o 5 y e a r s " a n d " a f t e r 5 y e a r s " m a t u r i t y g r o u p s , r e s p e c t i v e l y . "O the r " s e c u r i t i e s

    i n c r e a s e d $164 m i l l i o n .

    Demand deposits adjusted decreased $84 million in the Cleveland District,

    $60 million in the Richmond District, $56 million in the Chicago District, and

    $55 million in the Minneapolis District; but they increased $68 million in the New

    York District and $64 million in the Kansas City District. Savings deposits increased

    $64 million and "other" time deposits of individuals, partnerships, and corporations

    decreased $84 million.

    Borrowings of weekly reporting member banks from Federal Reserve Banks /

    increased $36 million but borrowings from others decreased $246 million. Loans to

    domestic commercial banks decreased $196 million.

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

  • B.4 .2 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES

    Nov. 21, 1962*

    ; C h a n g e Nov. 14,

    i 1962

    since (Nov. 22,

    1961 '

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

    T o t a l loans and investments 127,103 + 415 +8,396 Loans and. Investments a d j u s t e d 125,409 4- 6 l l +8,154 Loans a d j u s t e d l / 78,991 + 11. +7,250

    Commercial and i n d u s t r i a l loans 34,749 4~ 132 +2,725 A g r i c u l t u r a l loans 1,443 4- 1 + 223 Loans t o "brokers and d e a l e r s f o r purchasing

    1,443 + 223

    or c a r ry ing : U. S. Govt. s e c u r i t i e s 698 250 - 135 Other s e c u r i t i e s 2,079 4- 59 + 63

    Other loans f o r purchasing or ca r ry ing : 2,079 + 63

    U. S. Govt. s e c u r i t i e s 85 4- 4 18 Other s e c u r i t i e s 1, 321 1 9

    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 : 1, 321

    Sales f inance , pe r sona l f inance , e t c . 3, 445 - 11 + 422 Other 2,733 34 + 425

    Loans t o f o r e i g n "banks 634 10 + 68 Real e s t a t e loans 15,377 4- 68 +2, 039 Other loans 18,173 4- 53 +1,632

    t o domestic commercial "banks 1,694 *** 196 + 242 iT. 8 . Government s e c u r i t i e s - t o t a l 31,030 4- 436 -2,837

    Treasury h i l l s 3,722 4- 451 -1,769 Treasury c e r t i f i c a t e s of indebtedness 2,273 + 174 + 788 Treasury no tes and U. S. bonds maturing:

    2,273 174

    Within 1 year 3,946 -1,757 -1 ,121 1 t o 5 years 14,751 4- 957 -3,569 A f t e r $ yea rs 6,338 4- 611 +2,834

    - her s e c u r i t i e s 15,388 4- 164 +3,74.1 s e r v e s with P. R. Banks 12, 605 351 - 506

    r^ncy and coin 1,564 - 145 + 129 Bw/ r.nces wi th domestic banks 2,936 - 158 + 154 Other a s s e t s - ne t 4,7'4o - 129 + 211 Tota l a s s e t s / l i a b i l i t i e s 163,085 - 719 +9,580

    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 / 62,066 131 - 578 Demand d e p o s i t s - t o t a l 3/ 92,501 - 546 +1,052

    Ind iv idua l s , p a r t n e r s h i p s , and corpora t ions 66,345 - 1 ,192 + 413 S t a t e s and p o l i t i c a l subd iv i s ions 4,889 4- 146 + 96 U. S. Government 4,230 +1 ,187 + 106 Domestic in t e rbank : Commercial 12,068 - 549 + 328

    Mutual savings 532 19 + 20 Foreign: Govts. , o f f i c i a l i n s t s . , e t c . 590 4 + 14

    Commercial, banks 989 - 34 - 33 Time and savings d e p o s i t s - t o t a l k j 48,797 4- 31 +7,629

    Ind iv idua l s , p a r t n e r s h i p s , and co rpora t ions : 31 +7,629

    Savings d e p o s i t s 34,407 4- 64 +4,617 Other time d e p o s i t s 8,544 - 84 +2,417

    S t a t e s and p o l i t i c a l subdiv i s ions 3,092 4 18 + 365 Domestic in te rbank 193 1 + 27

    . Fore ign: Govts . , o f f i c i a l i n s t s . , e t c . 2,288 4* 35 + 176 Commercial banks 120 - 1 + 29

    Borrowings: From F. R. Banks 105 4- 36 - 257 From o the r s 2,629 246 + 544

    Other l i a b i l i t i e s 5, 508 4- 30 - 110 C A P I T A L A C C O U N T S 13,545 - 24 + 722

    1 / Exclusive of loans t o domestic commercial banks and a f t e r deduction of va lua t ion r e s e r v e s ; i n d i v i d u a l loan items are shown g ros s .

    2 / Inc ludes a l l demand depos i t s except those of U. S. Government and domestic commercial "banks, l e s s cash i tems i n process of c o l l e c t i o n

    3 / Includes c e r t i f i e d and o f f i cers ' checks not shown separately. 4/ Inc ludes t ime depos i t s of U. S. Government and p o s t a l savings not shown sepa ra t e ly . * Preliminary (San Francisco District).

    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, NOVEMBER 21, 1962

    Federa l Reserve D i s t r i c t Boston New P h i l a - Cleve- Rich- At lan ta York de lph ia land mond At lan ta

    A S S E T S Tota l loans and investments Loans and investments ad ju s t ed l / Loans ad ju s 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 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 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 : Sa les 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 t e s and U. S. bonds maturing:

    Within 1 year 1 t o 5 yea rs 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 To ta 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 f

    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 t e 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 l s , p a r t n e r s h i p s , and corpora t ions : . Savings d e p o s i t s

    Other time 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 g 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

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

    4,942 37,397 4,615 10,029 4,645 4,927 4 ,907 36,665 4,582 9,888 4,593 4,868 3,294 23,749 3 ,167 5,453 2,824 2,979 1 ,591 12,769 1,359 1,994 l , 0 4 l 1,224

    6 35 4 3 13 63

    16 475 30 3 3 46 1,134 74 187 66 48

    5 15 4 8 14 4 8 449 55 l 4 l 33 47

    121 1,279 143 212 132 136 111 750 85 85 134 165

    22 290 26 9 * " * 1 535 2,722 442 1,487 489 353 912 4,472 1 ,071 1,402 949 994 35 732 33 l 4 i 52 59

    1,118 7,979 1,042 2,785 1,337 1,436 209 1,375 61 273 119 165 116 623 78 183 109 130

    170 833 178 290 152 239 417 3,490 504 1,656 716 719 206 1,658 221 383 24l 183 495 4,937 373 1,650 432 453 k&9 3 ,921 487 854 492 514

    85 356 79 160 112 82 108 269 148 200 145 349 147 2,158 131 179 119 146

    6 ,321 49,106 5,995 12,155 6 , o i 4 6,659

    3,227 18,856 2,620 4,749 2,817 2,635 4,263 28,312 3,854 6,484 4,020 4,394 3,242 19,612 2,896 4,928 2,940 2,835

    338 928 155 454 292 389 200 1,349 208 376 187 161 286 3,102 491 626 515 957 120 344 36 6 8 M

    4 464 4 mm w 28 2 25 72 6 26 14 6 9

    1,145 12,157 1,355 4,139 1,289 l , 54o

    870 172

    38 5

    49 5 2

    55 235 621

    6,641 3,053

    557 136

    1,653 ,72

    1,353 2,873

    970 265

    51 6

    56 5

    78 153

    3 ,191 698 238

    6 4 6

    134 246

    4 , 4 i l 555 1,146

    990 194

    60 2

    18

    2 70

    165 468

    1,124 287 107

    13 6

    9 48

    126 542

    See foo tno 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

  • II.4.2(b) CONDITION OF WEEKLY REPORTING MEMBER BANKS, BY DISTRICTS, NOVEMBER 21, 1962 (Cont 'd)

    Federal Reserve D i s t r i c t Chicago S t . Minne- Kansas TXq 1 1 QC5 Louis apo l i s City

    San * Francisco

    A S S E T S Tota l loans and investments Loans and investments ad jus t ed 1/ 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 dea 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 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 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 , 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. S. bonds maturing:

    Within 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 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 ad jus t ed 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 subdivis 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 h j

    Ind iv idua l s , pa r tne r sh ips , and corporat 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 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 o thers 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 mi l l i ons of d o l l a r s )

    17,260 3,578 1,987 4,508 5,635 27,580 17,135 3,478 1,948 4,44o 5,580 27,325 9,896 2, 207 1,253 2,772 3 ,488 17,909 4,290 875 554 1,143 1,828 6,081

    59 58 31 266 54 851

    99 2 8 l 4 17 31 230 70 33 l 4 46 131

    16 1 5 2 11 233 34 12 45 190 74

    598 l l 4 87 132 96 395 391 105 38 121 197 551

    55 - - - - ~ ~ 1 230 1,867 349 216 4i8 283 6,216 2,313 634 292 654 835 3,645

    125 100 39 68 55 255 4,698 935 511 1,24o 1,575 6,374

    430 90 63 183 146 608 324 108 31 95 106 370

    604 130 53 176 186 935 2,251 464 243 588 620 3,083 1,089 143 121 198 517 1,378 2,541 336 184 428 517 3,042 1,646 4o6 210 478 582 2,526

    187 48 18 52 58 327 314 172 64 360 482 325 396 57 62 110 202 1,033

    21,613 4,706 2,667 6,124 7,589 34,136

    7,367 1,658 862 2,326 2,833 12,116 11,833 3,148 1,698 4, i46 4,696 15,653 8,249 1,938 1,037 2,645 3, H I 12,912

    699 l4o 123 251 284 836 685 121 86 145 l 4 i 571

    1,971 924 424 1,059 1,092 621 2 - 5 11

    11 - - - ~ 3 74 52 5 5 3 15 103

    7,219 1,035 695 1,302 2,008 14,913

    5,575 678 338 987 982 12,061 1,174 301 321 263 735 1,081

    302 50 32 49 274 1,334 10 w 1 5 15

    128 2 2 3 365 16 mm m " 2 16 45 ~ 16 1 24

    263 33 12 52 123 408 522 78 51 77 111 871

    1,731 412 211 531 650 2,267

    See footnotes 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 NEW YORK M P CHICAGO

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

    Commercial and industr ia l loans Agricultural loans Loans t o "brokers and dealers for purchasing

    or carrying: U. S. Govt. s ecur i t i e s Other secur i t i e s

    Other loans for purchasing or carrying: U. S. Govt, s ecur i t i e s Other secur i t i e s

    Loans t o nonbank f inanc ia l ins t i tu t ions : Sales f inance, personal finance, e t c . Other

    Loans t o foreign banks Real e s ta te loans Other loans

    Loans t o domestic commercial banks U. S. Government secur 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 secur i t i e s Reserves with F. R. Banks Currency and coin Balances with domestic banks Other asse ts - 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 corporation! 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 l a s t s . , e t c .

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

    Individuals, partnerships, and corporation 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 in s ta . , 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

    New York City Chicago

    ro

    Change since Nov. 21, 1962

    A-P A! 1

    Change since

    ro Nov. 14,

    1962 Nov. 22,

    1961

    Nov. 21, 1962

    A-P A! 1

    Nov. 14, 1962

    Nov. ZZ 1961

    29,848 29,327 19,434 11,502

    7

    462 1,051

    13 399

    1,155 585 278

    1,232 3,252

    521 6,114 1,105

    471

    + 67 +100 -129 + 50

    -268 + 52

    13 6 1

    34 8

    - 33 +142 +186 + 18

    +1,124 +1,021 + l , 6 g l + 841

    3

    48 104

    8 21

    240 147

    25 406 226 103

    -1 ,696 - 806 - 53

    628 -519 393 325 -351 + 46 2,609 +302 -1 ,068 981 + 57 -356 1 ,301 +155 + 624 521 +177 +353 3,779 + 87 +1,086 1,467 + 10 +489 3,504 +153 183 964 - 4 -101

    225 - 31 + 22 45 - 2 + 4 96 + 26 88 - 14 - 11

    1,950 69 - Ik 199 - 9 + 25 40,253 -407 +1,306 11,298 -123 +858

    15,314 + 38 498 3,987 + 5 -220 24,082 -243 - 42 6,618 - 70 - i l l 16,517 -384 - 236 4,544 -129 -139

    248 - 15 - 22 313 + 5 + 23 1,127 +291 + 75 346 + 94 - 8 3 ,011 - 45 + 50 1,282 - 27 + 21

    302 - 23 + 12 2 + 1 + 1 461 + 2 + 1 11 - 1 - 2 710 - 27 - 39 35 - 4 - 4

    8,446 + 28 +1,431 3,226 - 7 +846

    ' 3,897 + H +1,078 2,357 + 6 +528 2,472 - 19 + 324 697 - 15 +260

    182 - 2 - 46 19 + 1 + 7 131 + 16 5 - l

    1,650 + 35 + 32 128 + 1 + 44 72 + 3 + 11 13 - - + 4 W - 55 mm mm -112

    1,316 -131 < + 70 204 - 66 +138 2,615 - 35 - 215 277 + 20 + 46 3,794 - 26 + 117 973 + 51

    8,999 8,945 5,236 2,941

    32

    80 168

    14 178

    367 274

    49 375 929

    54 2,242

    289 126

    + +

    48 4 l 56 33

    1

    15 8

    3 1

    24 14

    2 2 3 7

    25 41 51

    +845 +810 +465 +297 + 10

    12 36

    22

    14 25 16 94

    +118 + 35 -164 -232 + 25

    l / Exclusive of loans t o domestic commercial banks and a f t er deduction of valuation

    r e s e r v e s ^ i n d i v i d ^ l t h Q 8 e o f u . S. Government and domestic commercial banks, l e s s cash items in process of co l l ec t ion .

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