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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.4.2
(For Immediate Release)
December 12, 1951
CONDITION OF WEEKLY REPORTING MEMBER BANKS 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 December 5$ A decrease of
$226 million in holdings of United States Government s e c u r i t i e s ; increases of $260
million in reserve balances with Federal Reserve Banks, $161* m i l l i o n in demand dep o s i t s adjusted, S332 million in demand deposits credited to domestic banks, and
^223 million in borrowings; and a decrease of i^SlO million in United States Government deposits.
Commercial, i n d u s t r i a l , and agricultural loans increased in a l l but two d i s t r i c t s and a t o t a l of $ l 4 l m i l l i o n . Loans to manufacturers of food, liquor, and
tobacco, and to commodity dealers increased by about the same t o t a l . Loans to manufacturers of metals and metal products, to public u t i l i t i e s , and t o sales finance
companies a l s o showed increases# Unclassified loans and loans to manufacturers of
t e x t i l e s , apparel, and leather decreased. These changes according to industry of
borrower are preliminary; a complete analysis w i l l be available in another press
release next Tuesday, Loans t o brokers and dealers for purchasing or carrying United
States Government s e c u r i t i e s increased $142 m i l l i o n . Loans to banks decreased $297
m i l l i o n . "Other" loans increased $25 m i l l i o n .
Holdings of Treasury b i l l s , Treasury c e r t i f i c a t e s of indebtedness, and of United
States Government bonds decreased %,112 m i l l i o n , $34 m i l l i o n , and $88 m i l l i o n , respectively.
Demand deposits adjusted increased in f i v e d i s t r i c t s and decreased in the other
seven; the principal changes were increases of $103 million in the San Francisco
D i s t r i c t and $72 m i l l i o n i n New York City.
Borrowings increased $181 million i n New York City and $88 million in Chicago,
and they decreased $71 million in the San Francisco D i s t r i c t .
A summary of a s s e t s and l i a b i l i t i e s of reporting member banks f o l l o w s :
Increase or
decrease since
Nov. 20,
Dec* 6,
1950
1951
(in m i l l i o n s of dollars)
-188
73,072
+3,265
+ 30
34,518
+3,938
+ 29
+4,017
31,998
21,006
+iia
+3,745
Dec.
5,
1951

ASSETS
Loans and investments - t o t a l
Loans - net
Loans - gross
Commercial, i n d u s t r i a l , and a g r i c u l t u r a l loans
Loans to brokers and dealers
for purchasing or carrying;
U. S. Government obligations
Other s e c u r i t i e s
Other loans f o r purchasing or carryingr
U. S. Government o b l i g a t i o n s
Other s e c u r i t i e s
Real e s t a t e loans
Loans to banks
Other loans
tf. 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
U. S. bonds
Other s e c u r i t i e s
Unserves with Federal Reserve Banks
Cash in vault
Balances with domestic banks
L I A B I L I T I E S
Demand deposits adjusted
Time deposits except Government
U. S, Government deposits
Interbank demand d e p o s i t s j Domestic banks
Foreign banks
Borrowings
Debits
ho demand deposit accounts, except interbank

and U. S. Govrvrimient accounts, durj tig wee.lt


370
950

+142
+ 30

- Ill
— 33

-

-

119
558
5,661
360
5,974
31,856
3,837
2,960
5,962
19,097
6,698

- 9
-297
+ 25
-226
-112
— 34
+ 8
- 88
+ 8

+ 449
- 142
+ 175
-1,068
+1,779
+1,046
-l,769
-3,024
+ 3°5

14,722
9 02
2,292

+260
- 85
- 2 .3

.1,044
+
21
+
24

53,204
16,084
1,586
10,406
1,239
1,093

+164
+ 10
-810
+332
+ 13
+223

+2,752
+ 723

28,964

3

66

+ 69?
- 120
+ £°s

Philadelphia

73,072
34,518
21,006

3,300
1,551
.987

22,962
11,889
8,139

2,889
1,353
802

5,183
2,117

1,282

3,023
1,191
576

370
950

3
10

312
739

1
37

9
27

4
6

119
558
5,661
360
5,974
31,896
3,837
2,960
5,962
19,097
6,698
14,722
902
2,292
1,484

6
21
236
33
283
1,532
253
151
165
963
217
545
66
92
94

33
228
853
202
1,550
6,886
966
455
1,556
5,909
2,187
5,611
219
121
583

3
7
132
3
392
1,169
110
73
176
810
367
539
50
113
54

9
64
409
15
345
2,562
308
285
459
1,510
504
963
91
139
84

53,204
16,084
1,586
10,406
1,239
1,093
2,022
6,838

2,741
536
58
278
30
13
72
369

18,192
2,675
484
2,905
1,023
463
1,163
2,591

2,309
4l6
50
398
13
80
38
341

3,760
1,419
139
518
9
44
72
499

1,281 2,995

10,135
3,904
2,642

2,476
1,306
759

12

38
73

2
7

2

12
46
239
6
317
1,631
278
126
308
919
201
556
75
176
56

10
24
89
3
32S
1,416
196
252
328
640
230
516
45
209
61

17
60
48?
17
628
5,307
426
588
1,040
3,253
924
2,132
111
321
106

8
13
244
2
285
998
100
188
168
542
172
480
33
117
31

2,376
601
85
521
5
13
32
253

2,033
527
68
644
10
15
43
223

7,156
2,695
219
1,592
44
181
108
810

Debits t o demand deposit accounts, except
interbank and U. S. Govt, accounts
1,101 12,400 1,147
28,964
1,695 1,022
2 i . e . , before deduction of valuation r e s e r v e s .

945

3,754




2,732

1,086
641

- -

2,931
1,524
1,069

13,165
6,718
2,927

7

9

1
21

2
6
113
ia
148
532
77
4l
112
302
128
243
13
80
17

4
14
163
4
233
1,456
400
218
258
580
281
566
35
288
46

8
48
121
1
284
1,206
288
151
218
549
201
612
42
370
90

7
27
2,575
56
1,184
5,l6l
435
432
1,174
3,120
1,286
1,959
122
266
262

1,574
471
39
769
3
41
30
210

858
235
26
376
3
4
22
110

2,061
434
82
1,000
2
68
48
235

2,318
448
101
854
10
3
53
258

7,826
5,627
235
551
87
168
34l
939

845

519

1,143

975

621
340

1,258
842

mm ^

£
00

ASSETS
Loans and investments - t o t a l
Loans - net#
Commercial, i n d u s t r i a l , and a g r ' l loans
Loans to brokers and d e a l e r s f o r
purchasing or carrying:
U. S. Government o b l i g a t i o n s
Other s e c u r i t i e s
Other loans f o r purchasing or carrying:
U. S. Government o b l i g a t i o n s
Other s e c u r i t i e s
Real e s t a t e loans
Loans to banks
Other leans
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
U. S. bonds
Other s e c u r i t i e s
Reserves with Federal Reperve Banks
Cash i n v a u l t
Balances with domestic banks
Other a s s e t s - net
L I A B I L I T I E S
Demand d e p o s i t s adjusted
Time d e p o s i t s except Govt.
U. S. Government d e p o s i t s
Interbank demand d e p o s i t s : Domestic banks
Foreign banks
Borrowings
Other l i a b i l i t i e s
CAPITAL ACCOUNTS

New
York

F e d e r a l
Res e r v e
D i s t r i c t
Cleve- Rich- Atlanta Chicago S t . Minne- Kansas
San
Dallas
land
mond
Francisco
•lp.uis„ . a p o l i s ...City ,
(In m i l l i o n s of d o l l a r s )

JU

Total
All
D i s t r i c t s Boston