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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) February 21, 1951 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 14: An increase of $253,000,000 in loans; decreases of $235,000,000 in holdings of United States Government securities, $271,000,000 in demand deposits adjusted, and $274,000,000 in borrowings; afid increases df $241,000;000 in United States Government deposits and $456,000,000 in demand deposits credited to domestic banks. Commercial, industrial, and agricultural loans increased in most districts and a total of $128,000,000 at all reporting member banks; the principal increases were $49,000,000 in New York City, $19,000,000 in the Chicago District, and $15,000,000 in the Boston District. Real estate loans increased $23,000,000. Loans to banks increased $128,000,000. Holdings of Treasury bills decreased $42,000,000, and holdings of Treasury notes decreased $91,000,000. Holdings of United States Government bonds decreased $34,000,000 in the San Francisco District, $30,000,000 in New York City, and a total of $102,000,000 at all reporting member banks. Demand deposits decreased $282,000,000 in New York City, $81,000,000 in Chicago, $78,000,000 in the San Francisco District, and $73,000,000 in the Philadelphia District; and they increased $46,000,000 in the Chicago District outside of Chicago, $44,000,000 in the Kansas City District, and $43,000,000 in the Cleveland District. United States Government deposits and demand deposits credited to domestic banks increased in nearly all districts. Borrowings decreased $165,000,000 in New York City and $87,000,000 in the Chicago District. A summary of assets and liabilities of reporting member banks follows: Increase or Feb. decrease since 14, Feb. 7, Feb. 15, 1951 19^0 1951 A S S E T S Loans and investments - total Loans - net Loans - gross Commercial, industrial, and agricultural loans Loans to brokers and dealers for purchasing or carrying: U. S. Government obligations Other securities Other loans for purchasing or carrying: U. S. Government obligations Other securities Real estate loans Loans to banks Other loans U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks L I A B I L I T I E S uemand deposits adjusted Time deposits except Govt. U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Lebits to demand deposit accounts, except interbank and U. S. Government accounts, during week Digitized * for FRASER February 7 figures revised (San Francisco District) (in millions of dollars) 69,241 31,922 32,370 18,449 + 16 + 253 + 252 + 128 519 1,000 + 175 575 5,326 44l 5,885 + 30,858 1,402 - 3 12 +2,264 +7,145 +7,221 +4,544 + 24 64 8 2 + 23 + 128^ 2k + 34 + 145 + 927 + 90 +1,441 235 42 -6,117 - 904 -5,862 +4,570 -3,921 +1,236 - - «•» mm 8,518 20,938 6,461 - 13,945 882 2,362 200* + 64 + 249* +1,648 + 132 + 107 50,510 15,572 2,105 9,637 1,327 551 271* 32 + 241 + 456 20 274 +3,580 + 196 - 652 + 340 + 106 + 58 22,642 - - • - 91 102 2 ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS F ed e r a Total New Phila- Cleveall Boston York delphia land districts IN "LEADING CITIES, FEBRUARY 14, 1951" D [strict 1 R e; s e r v e St. Minne- Kansas RichSan AtlantaChicago Dallas City Louis apolis Francisco mond A S S E T S 4,844 2,795 3,171 21,974 2,826 69,241 Loans and investments - total 10,908. 1,244 1,870 1,149 1,512 31,922 Loans - net# 7,015 682 1,024 558 920 18,449 Commercial, industrial, and agr'l loans Loans to brokers and dealers for purchasing or carrying: 2 428 15 10 3 519 U. S. Government obligations 6 25 34 12 1,000 773 Other securities Other loans for purchasing or carrying: 12 36 42 10 3 175 U. S. Government obligations 6 69 33 26 253 575 Other securities 246 366 145 216 722 5,326 Real estate loans 16 25 5 48 265 441 Loans to banks 301 340 378 1,571 295 5,885 Other loans 30,858 1,424 8,998 1,233 2,514 1,468 U. S. Government securities - total 100 119 43 291 1,402 55 treasury bills Treasury certificates of indebtedness 629 392 278 1,925 8,518 279 3bseasury notes 1,766 976 6,782 912 1,090 20,938 9. 33. bonds 460 178 2,068 349 6,461 235 Other securities 866 512 528 5,232 525 13,945 Reserves with Federal Reserve Banks 48 71 89 200 882 58 "Cash in vault 167 199 127 152 96 2,362 Balances with domestic banks 84 61 51 572 1,435 95 Other assets - net L I A B I L I T I E S 3,476 2,214 2 , 6 2 8 17,158 2,240 50,510 Demand deposits adjusted 589 423 2,650 1,359 481 15,572 Time -deposits except Govt. 100 132 159 625 89 2,105 U. S. Government deposits 426 485 2,913 399 274 Interbank demand deposits: Domestic banks 9,637 8 1,081 15 5 37 1,327 Foreign banks 21 23 25 311 22 551 Borrowings 28 864 38 55 78 1,615 Other liabilities 483 243 322 2,528 6,548 336 CAPITAL ACCOUNTS Debits to demand deposit accounts, except 1,260 870 863 9,167 22,642 1,039 interbank and U. S. Govt, accounts ^Individual loan items are reported gross, i.e., before deduction of valuation reserves. 2,553 1,145 690 1,268 2,756 2,683 12,178 6,079 586 1,209 1,479 778 l,04l 2,503 310 9,797 3,464 2,195 2,396 1,277 733 12 56 95 2 5 12 23 93 11 319 1,194 60 25 59 451 12 623 5,383 327 10 15 237 26 263 940 51 2 6 105 4 165 506 628 214 505 46 198 58 1,622 3,434 950 2,104 108 325 106 299 590 179 444 34 126 30 1,928 517 64 580 10 15 36 210 6,866 2,628 425 1,559 42 57 92 771 1,538 482 77 681 3 30 27 192 831 3,105 629 — — 8 2 19 4 11 44 13 168 121 1 4 268 240 537 1,270 1,043 78 13 195 8 28 2,456 24 1,122 4,854 70 164 360 145 241 13 84 17 557 41 342 69 1,602 3,182 1,245 1,883 138 265 248 880 2,093 2,228 419 388 239 64 80 57 707 837 299 2 2 9 -20 5 30 20 29 236 230 106 7,261 5,397 233 477 113 22 318 891 868 2,917 - - 2 361 1 9 453 622 277 548 36 281 44 369 596 l6l 732
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