The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.£.„ (For Immediate Release) February 28, 1951 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 February 21: An increase of $481,000,000 in United States Government deposits and a decrease of $587,000,000 in demand deposits credited to domestic banks. Commercial, industrial, and agricultural loans increased in most districts and a total of $139,000,000 at all reporting member banks; the principal increases were $48,000,000 in New York City, $44,000,000 in the Cleveland District, $20,000,000 in the Chicago District, and $13,000,000 in the Boston District. Loans to brokers and dealers for purchasing or carrying United States Government securities decreased $84,000,000 in New York City, $27,000,000 in Chicago, and a total of $122,000,000 at all reporting member banks. Holdings of Treasury bills increased $85,000,000 in New York City and decreased $26,000,000 in the Richmond District; there was a net increase of $103,000,000 at all reporting member banks. Holdings of Treasury notes decreased $21,000,000. Holdings of United States Government bonds decreased in most districts and a total of $40,000,000 at all reporting member banks. Demand deposits adjusted decreased in eight districts and the net decrease at all reporting member banks was $19,000,000; the principal decreases were $50,000,000 in the Chicago District, $41,000,000 in the Richmond District, $38,000,000 in the Cleveland District, and $35,000,000 in the Minneapolis District, and the principal increases were $191,000,000 in New York City and $44,000,000 in the Philadelphia District. United States Government deposits increased and demand deposits credited to domestic banks decreased in all districts. Borrowings decreased $139,000,000 in New York City, and increased $31,000,000 in the Cleveland District; the net decrease at all reporting member banks was #3,000,000. A summary of assets and liabilities of reporting member banks follows: A S S E T S Loans and investments - total 69,231 Loans - net 31,877 Loans - gross 32,321 Commercial, industrial, and agricultural loans 18,588 Loans to brokers and dealers for purchasing or carrying: U. S. Government obligations 397 Other securities 978 Other loans for purchasing or carrying: U. S. Government obligations 174 Other securities 575 Real estate loans 5,327 Loans to banks 403 Other loans 5,879 U\ S. Government securities - total 30,900 Treasury bills 1,505 Treasury certificates of indebtedness Treasury notes 8,497 U. S. bonds 20,898 O ther securities 6,454 R eserves vdth Federal Reserve "Banks 13,981 C ash in vault B alances with domestic banks 2,??? L I A B I L I T I E S D'emand deposits adjusted 50,491 T'ime deposits except Govt. 15,564 U. S. Government deposits 2,586 Interbank demand deposits: Domestic banks 9,050 Foreign banks 1,333 Borrowings 478 Debits to demand deposit accounts, except interbank and U. S. Government accounts, during week 28,707 Increase or decrease since Feb. 14, Feb. 21 1951 1950 (in millions of dollars) 10 +2,246 ~ +7,277 45 49 +7,347 +. 139 +4,734 • - 122 22 1 - 6 16 21 40 7 + 36 ,49 185 + 37 + 144 + 917 + 97 +1,440 -6,262 - 897 -5,858 +4,509 -4,016 +1,231 +1,969 + 76 + 22 19 8 + 481 587 6 + 73 +3,643 + 169 - 352 + 59 + 84 + 221 • 1 38 6 + 42 + 103 + - — — - - - ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, FEBRUARY 21, 1951 - . # w d e r a 1 D i s t r i c t R e - b e-r v e 'Total San Minne- Kansas -all CleveRichPhilaSt. New Atlanta Chicago City apolis Dallas districts Boston Francisco land mond Louis York delphia (In millions of dollars) '' * " ASSETS Loans and investments - total 69,231 3,144 22,050 2,839 4,867 2,754 2,553 9,802 2,362 1,264 2,761 2,670 12,3*65 Loans - net# 1,482 10,895 1,245 1,902 1,145 1,142 3,470 1,250 31,877 590 1,208 1,477 6,071 Commercial, industrial, and agr'l loans 18,588 1,068 7,065 685 933 563 2,215 695 732 318 782 1,038 2,494 Loans to "brokers and dealers for purchasing or carrying: U. S. Government obligations 397 — — 14 338 1 - 7 3 30 2 l 1 Other securities 11 978 748 6 38 12 25 96 2 8 8 5 19 Other loans for purchasing or carrying: U. S. Government obligations 10 174 42 11 36 12 10 3 25 2 4 11 8 Other securities 26 6 251 575 70 23 6 33 14 15 44 59 28 Real estate loans 216 144 5,327 727 367 243 238 93 105 453 165 119 2,457 Loans to banks 10 403 6 14 315 2 2 23 1 5 2 23 - Other loans 5,879 294 1,570 383 300 338 621 260 165 241 .318 270 1,119 U. S. Government securities - total 30,900 1,425 2,504 1,433 1,197 5,384 9,099 1,247 936 531 1,277 1,030 4,837 Treasury bills 1,505 62 371 117 52 55 74 349 200 47 13 76 89 Treasury certificates of indebtedness H.4.2(a) • * «r •» ' " Treasury notes U. S. bonds Other securities Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net LIABILITIES Demand"deposits adjusted Time deposits except Govt. U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 8,497 20,898 6,454 13,981 833 2,177 1,454 50,491 9,050 1,333 1,(3-0 6,534 280 1,090 237 574 54 100 95 1,937 6,791 2,056 5,277 184 134 571 287 908 347 530 44 118 61 2 , 6 3 1 17,316 2,284 480 2,656 422 108 143 785 2,814 271 354 1,083 15 35 28 13 37 2,528 324 336 % 630 1,757 461 871 88 148 85 506 629 214 484 44 174 61 1,618 3,417 948 2,023 107 325 105 301 588 176 448 33 105 31 3,438 2,173 1,914 1,358 589 516 203 116 75 382 540 459 6 11 9 20 l% 36 210 6,816 2,619 538 1,403 43 78 94 771 4,174 386 973 176 527 69 153 54 1 Debits to demand deposit accounts, except JL interbank and U. S. Govt, accounts 28,707 1,180 11,830 1,136 1,684 995 " Individual loan items are reported gross, i.e., before deduction of valuation reserves. 940 161 365 589 163 535 36 320 69 1,569 3,179 1,257 1,904 129 255 1,528 481 90 618 3 40 26 193 845 2,099 2,204 238 388 419 68 95 77 814 293 652 2 2 9 18 37 20 2! 30 106 230 237 7,243 795 461 1,120 1,031 3,361 357 143 240 13 75 17 457 620 276 568 32 270 45 260 5 '1! 450 115 872
@FedFRASER