BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 2.4.2 (For Immediate Release ) November 16, i960 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 9: Decreases of $487 mil- lion in loans adjusted, $432 million in holdings of U. S. Government s e c u r i t i e s , $829 million in reserve balances with Federal Reserve Banks, $994 million in demand deposits adjusted, and $777 million in U. S. Government demand d e p o s i t s . Commercial and industrial loans decreased a net of $80 million. Loans to brokers and dealers for purchasing or carrying U. S. Government and other securities decreased $353 million. Loans to nonbank financial institutions decreased $82 million. Holdings of Treasury bills decreased $405 million. Holdings of "other" securities decreased $178 million. Time deposits of individuals, partnerships, and corporations decreased $68 million. Borrowings of weekly reporting member banks from Federal Reserve Banks decreased $193 million but borrowings from others increased $477 million. Loans to domestic commercial banks increased $324 million. Change since November 9> Nov. 11, 1959 Nov. ASSETS Total loans and investments Loans and investments adjusted 1/ Loans adjusted l/ Commercial and industrial loans Agricultural loans Loans to brokers end 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 LIABILITIES 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 1/ Exclusive of loans to domestic commercial banks an< reserves; individual loan items are shown g r o s s . * November 2 figures revised. (In millions of dollars)" 108,354 - 773 +4, o i l 106,709 -1,097 +3,563 68,325 - 487 +2,622 31,576 - 80 +1,849 1,077 + 4 + 135 309 - 320 - 88 l , 598 - 33 - 103 i4o + 2 12 1,152 - 4 - 4l 3,697 - 79 + 10 1,681 - 3 + 12 701 + 11 - 42 1,645 + 324 + 448 12,517 - 5 - 23 15,330 + 21 +1,018 28,873 — 432 +1,180 3,632 - 405 +2,020 1,^55 - 3 + 179 1,533 — 17 + 29 17,487 + 2 + 791 4,766 . - 9 -1,839 9,511 - 178 - 239 12,815 - 829 - 94 1,305 + 107 + 77 2,763 - 4 - 119 4 ,212 + 4o + 966 140,860 -2,205 +6,014 58,800 - 994 -2,037 3,636 - 777 +1,091 12,099 - 5 + 657 1,365 + 19 - 13 1,547 + 4 + 72 32,425 - 77 +2,126 114 - 193 - 238 2,402 + 477 + 679 of valuation Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Transcript
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 2 . 4 . 2 (For Immediate Release) November 16, i960
CONDITION OF WEEKLY REPORTING MEMBER BAMS IN LEADING CITIES The condition statement of weekly reporting member "banks in leading c i t i e s shows
the following principal changes for the week ended November 9: Decreases of $487 mil-l ion in loans adjusted, $432 mill ion in holdings of U. S. Government securit ies , $829 mill ion in reserve balances with Federal Reserve Banks, $994 mill ion in demand deposits adjusted, and $777 mill ion in U. S. Government demand deposits.
Commercial and industrial loans decreased a net of $80 mil l ion. Loans to brokers and dealers for purchasing or carrying U. S. Government and other securit ies decreased $353 mil l ion. Loans to nonbank financial inst i tut ions decreased $82 mil l ion.
Holdings of Treasury b i l l s decreased $405 mil l ion. Holdings of "other" securit ies decreased $178 mil l ion.
Time deposits of individuals, partnerships, and corporations decreased $68 mill ion. Borrowings of weekly reporting member banks from Federal Reserve Banks decreased
$193 mill ion but borrowings from others increased $477 mil l ion. Loans to domestic commercial banks increased $324 mil l ion.
Change since November 9> Nov. 11, 1959
Nov.
A S S E T S Total loans and investments Loans and investments adjus ted 1/ Loans adjus ted l /
Commercial and i n d u s t r i a l loans Agr icul tura l loans Loans t o brokers end dealers 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 fo r purchasing or carrying: U. S. Govt, s ecu 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 Loans t o domestic commercial banks Real e s t a t e loans Other loans
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 se 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 deposi ts adjus ted U. S. Government demand deposi ts Interbank demand depos i t s : Domestic banks
Foreign banks Time depos i t s : Interbank
Other Borrowings: From Federal Reserve Banks
From others 1 / Exclusive of loans t o domestic commercial banks an<
reserves ; individual loan items are shown gross . * November 2 f igures rev ised .
Commercial and I n d u s t r i a l loans 10,493 - 88 + 221 2,876 - 21 +329 Agr icu l tura l loans 8 - - + 6 21 + 2 + 1 Loans t o brokers and dea le rs f o r
purchasing or car ry ing: l 6 l - 49 U. S. Govt, s e c u r i t i e s 172 - l 6 l - 50 38 - 49 - 25
Other s e c u r i t i e s 978 - 44 - 217 174 + 25 + 35 Other loans f o r purchasing or
28 18 carrying: U. 8 . Govt, s e c u r i t i e s 28 —— - 7 18 « • — + 2 Other s e c u r i t i e s 346 — — - 39 166 - 3 + 14
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 1
Sales f inance, personal 473 f inance, e t c . 1,298 — — + 3 473 - 5 + 25
Other 307 - 3 - 18 88 + 4 - 6 Loans t o fo re ign "banks 464 + 9 - 8 40 + 3 + 23 Loans t o domestic commercial hanks 460 + 126 - 22 31 - 7 - 33 Heal e s t a t e loans 816 + 6 - 76 277 + 20 Other loans 2,769 - 7 + 185. 730 + 1 + 51
U. S. Government s e c u r i t i e s - t o t a l 6,%4i - 242 +1 ,185 2,176 + 8 -158 Treasury h i l l s 1,156 - 224 + 761 222 - 4 + 87 Treasury c e r t , of indebtedness 534 - 5 + 287 73 - 5 -101 Treasury notes and U. 8 . hoods
maturing: 288 Within 1 year 288 - 3 + 132 112 — — - 15
1 t o 5 years 3,291 - 9 + 259 1,394 + 20 + 52 Af t e r 5 years 1,072 - 1 - 254 375 - 3 -181
Other s e c u r i t i e s 2,028 106 - 59 711 - 19 - 49
Reserves with F. R. Banks 3,525 447 + 101 1,030 -121 - 72 Currency and coin 201 + 44 + 34 43 + 7 + 1 Balances with domestic hanks 56 - 8 + 7 136 - 1 + 2 Other a s s e t s - ne t 1,822 + 50 + 623 148 - 2 + 41 Total a s s e t s / l i a b i l i t i e s 35,714 -1,3^5 +2,719 9,923 -112 +337
L I A B I L I T I E S Demand depos i t s ad jus ted 14,211 - • 847 — 945 4,147 - 73* -244 U. S. Government demand deposi ts 1,058 - 261 + 327 279 - 87 + 96 Interbank demand depos i t s :
Time depos i t s : Interbank 1,182 - - + 31 61 —— + 34 Other 2/3,730 - 24 + 363 1,928 + 6 +102
Borrowings: From F . R. Banks 38 + 38 + 9 6 -122 - 10 From others 1,257 + 106 + 470 270 +138 + 15
Other l i a b i l i t i e s 2,446 + 48 +1; ,076 194 + 6 + 58
C A P I T A L A C C O U N T S 3,507 + 3 + 166 868 + l * + 65 3,507 + 65
1 / Exclusive of loans t o domestic commercial banks and a f t e r deduction of valuat ion reserves ; indiv idual loan items are shown gross .
2 / Includes savings deposi ts of $2,297 mi l l ion , a decrease of $37 mi l l ion from the previous Wednesday and an increase of $215 mi l l ion from a year e a r l i e r .
* November 2 f igu res revised November l 4 . Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
