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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) January 17, 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 January 10: Decreases of $125,000,000 in loans, $248,000,000 in holdings of United States Government securities, $122,000,000 in reserve balances with Federal Reserve Banks, $452,000,000 in balances with domestic banks, $105,000,000 in United States Government deposits, and $822,000,000 in demand deposits credited to domestic banks. Commercial, industrial, and agricultural loans increased in all districts and a total of $65,000,000 at all reporting member banks; the principal increases were $9,000,000 in New York City and $8,000,000 each in the Boston,'St. Louis, Minneapolis, and San Francisco Districts. . Holdings of Treasury bills decreased $78,000,000 in New York City and increased $51,000,000 in Chicago; there was a net decrease of $102,000,000 at all reporting member banks. Holdings of Treasury notes decreased $67,000,000 at all reporting member banks. Holdings of United States Government bonds decreased $56,000,000 in New York City and $36,000,000 in Chicago, and increased $28,000,000 in the Boston District;there was a net decrease of $79,000,000 at all reporting member banks. Demand deposits adjusted increased $14,000,000 at all reporting member banks; the principal changes were increases of $54,000,000 in New York City and $40,000,000 in the Richmond District, and decreases of $55,000,000 in the Cleveland District, $44,000,000 in the Boston District, and $43,000,000 in the San Francisco District. Time deposits increased $70,000,000. United States Government deposits and demand deposits credited to domestic banks decreased in most districts. Borrowings decreased $186,000,000 in New York City. A summary of the assets and liabilities of reporting member banks follows: Increase or decrease since Jan. 11, 1950 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 (In millions of dollars) - 388* +3,467 70,824 +6,910 - 125 31,292 +6,981 - 120 31,734 +4,067 + 65 17,924 U.S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 33,046 248* 9,184 21,494 6,486 67* 79* 15 12,923 890 2,422 - 122* 4 - 452 + + + 51,306 15,657 1,214 10,399 1,396 370 + 14* + 70* - 105 - 822 - 13 - 99 +3,166 + 277 - 807 + 462 + 184 + 219 Reserves 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 Govt. U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrrowings 487 987 162 577 5,287 424 5,886 2,368 Debits to demand deposit accounts, except interbank and U. S. Government accounts, during week 26,213 * January 3 revised figures (San Francisco District) + + 25 79 + + 12 + + + + 1 7 86 9 102 44 180 1 156 908 207 +1,418 -4,874 - 631 -6,804 +5,698 -3,137 +1,431 520 51 7 ASSETS AMD LIABILITIES OF Total all districts A S S E T S Loans and Investments - total 70,824 Loans - net# 31,292 Commercial, industrial, and agr'l loans 17,924 Loans to brokers and dealers for purchasing or carrying: U. S. Government obligations 487 Other securities 987 Other loans for purchasing or carrying: U. S. Government obligations 162 Other securities 577 Real estate loans 5,287 Loans to banks 424 Other loans 5,886 Government securities - total 33,046 Treasury bills 2,368 Treasury certificates of indebtedness Treasury notes 9,184 U. S_, bonds 21,494 Other securities 6,486 Reserves with Federal Reserve Banks 12,923 Cash in vault 890 Balances with domestic banks 2,422 Other assets - net 1,374 L I A B I L I T I E S Demand deposits adjusted 51,306 Time deposits except Govt. 15,657 U. S. Government deposits 1,214 Interbank demand deposits: Domestic banks 10,399 Foreign banks 1,396 Borrowings 370 Other liabilities 1,559 CAPITAL ACCOUNTS 6,532 5.4.2(a) WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, JANUARY 10, 1951 F e d e r a 1 R e s e r v e D i s t r i c t New Phila- Cleve- RichSt. Minne- Kansas San Boston Atlanta Chicago Louis apolis City Dallas York delphia land mond Francisco (In millions of dollars) 3,209 22,742 2,889 4,907 2,863 2,566 10,018 2,401 1,263 2,784 2,751 12,431 1,423 10,709 1,206 1,814 1,135 1,136 3,366 1,243 559 1,190 1,465 6,046 876 6,761 686 548 2,148 653 288 971 718 764 1,036 2,475 8 11 435 773 1 32 13 25 1 6 12 21 211 14 295 1,560 121 36 266 730 306 1,562 37 64 358 40 336 2,617 130 10 34 247 2 301 9,912 774 2 6 l4l 13 378 1,331 74 324 1,115 226 334 923 352 498 50 116 56 691 1,796 476 494 61 91 88 2,101 7,037 2,121 4,806 198 124 555 2,664 483 50 305 34 10 63 334 17,538 2,695 377 3,067 1,123 234 868 2,523 2,340 428 56 400 15 14 35 321 13 21 86 2 4 18 61 448 10 14 238 2 269 166 972 60 563 21 •2 5 103 5 18 262 8 28 2,429 37 1,128 1,130 l4l 5,165 113 463 631 277 538 36 312 45 393 596 156 520 40 406 65 1,768 3,284 1,220 1,801 130 275 243 859 240 41 340 2 2 19 106 2,070 389 53 943 1 2,237 426 42 806 9 377 1,550 136 635 5,712 492 500 634 213 422 45 207 56 1,713 3,507 940 1,940 117 326 92 312 600 186 173 369 l4l 787 91 139 78 412 1,002 178 480 74 186 52 419 33 143 28 218 15 97 16 3,499 1,360 82 502 8 22 48 481 2,252 593 68 462 4 11 24 241 1,846 516 40 636 9 7 34 208 7,026 2,647 221 1,631 50 59 86 773 1,527 482 35 757 3 5 24 191 Debits to demand deposit accounts, except 1,146 10,760 interbank and U. S. Govt accounts 26,213 912 1,514 978 ^Individual loan items are reported gross, i.e., before deduction of valuation reserves. 918 3,610 806 8 4 13 170 1 237 1,317 223 13 23 91 9 317 1,217 83 — — 1 8 3 — — 10 42 121 mm •— — •» — — 31 228 28 234 7,448 5,398 149 550 138 6 299 892 1,035 867 3,290
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