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H.4.2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) January 2, 1952 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 December 26; Decreases of $281 million in reserve balances with Federal Reserve Banks, $655 million in demand deposits adjusted, and 4249 million in demand deposits credited to domestic banksj and increases of $,306 million in United States Government deposits and $220 million in borrowings. Commercial, industrial, and agricultural loans increased in all but one district and a total of $151 million at all reporting member banks. Loans to manufacturers of food, liquor, and tobacco, of metals and metal products, to sales finance companies, and to public utilities showed substantial increases while wholesale and retail trade showed a net repayment. These changes according to industry of borrower are preliminary5 a complete analysis will be available in another press release later. Loans for purchasing or carrying United States Government and other securities decreased $104 million. Loans to banks decreased $78 million, "Other loans" increased $1*1 million. Holdings of Treasury bills and of Treasury certificates of indebtedness increased $92 million and $30 million, respectively. Holdings of Treasury notes and of United States Government bonds decreased $45 million and $131 million, respectively. Holdings of "other securities" increased $97 million. Demand deposits adjusted decreased &36l million in New York City, $153 million in the Cleveland District, and $57 million in the Boston District. Time deposits increased $73 million. Borrowings increased $154 million in New York City, $46 million in the Cleveland District, but they decreased ^51 million in the San Francisco District* A summary of assets and liabilities of reporting member banks follows1 Increase or decrease since Dec. 27, Dec. 19, 1950 1951** (in milLlions of dollars) +3,086 + 33 71,875 - 10 +3,903 35,502 +3,996 + 4 35,997 +151 +3,754 21,593 Dec, 26, 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 388 1,032 - 52 - 48 - 302 20 118 573 5,667 598 6,028 + 2 «!• 6 * 6 - 78 + 41 + + + + 57 12 397 79 133 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U* S. bonds Other securities 32,523 4,617 5,896 18,369 6,850 — 54 + 92 + 30 - 45 -131 + 97 -1,151 +1,839 +2,854 -2,653 -3,191 + 334 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks 15,053 1,069 2,485 -281 + 64 -108 +2,315 + 64 - 104 54,167 16,229 2,482 10,671 1,319 1,177 -655 + 73 +306 -249 + 33 +220 +2,525 + 679 + 786 + 371 93 + 439 3,6a L I A B I L I T I E S Demand deposits adjusted Time deposits except Government U. S. Government deposits Interbank demand deposits; Domestic banks Foreign banks Borrowings Debits to demand deposit accounts, except interbank and U. S. Government accounts, during week 24,768 * Preliminary (San Francisco District) because of holiday. ** December 19 figures revised (San Francisco District) (Revised figure pre— vious week 33,789) E.4.2(a) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, DECEMBER 26, 1951 Total* F .e d e r a 1 R e s e r v e D i s t r i c t All New PhilaCleveRichSan * Boston Atlanta Chicago St. Minne- Kansas Dallas York delphia land Districts mond Louis apolis City Francisco A S S E T S (In millions of dollars) Loans and investments - total 3,408 23,864 2,941 5,309 3,074 2,752 10,372 2,520 1,287 3,065 74,875 2,959 13,324 Loans - net# 35,502 1,596 12,459 1,402 2,186 1,214 1,106 4,036 1,324 605 1,280 1,553 6,741 Commercial, industrial, and agr'l loans 21,593 1,007 8,425 838 1,330 590 658 2,722 856 769 336 1,080 2,982 Loans to brokers and dealers for purchasing or carrying: U. S. Government obligations 388 2 328 10 1 6 2 35 4 Other securities 1.032 11 818 36 27 8 13 69 7 24 3 Other loans for purchasing or carrying: U. S. Government obligations 118 2 12 5 11 35 16 8 9 1 4 6 9 Other securities 240 21 64 573 62 45 r 25 14 48 13 7 27 Real estate loans 5,66? 236 858 412 240 88 133 487 242 162 113 119 2,577 Loans to banks 598 11 51 6 370 64 4 35 10 5 24 5 13 Other loans 6,028 1,568 290 398 342 640 324 323 148 292 236 291 1,176 U. S. Government securities - total 32,523 2,616 1,652 1,410 1,597 9,075 1,171 5,391 1,020 1,238 ,503 553 5,297 Treasury bills 4,617 306 1,183 117 364 314 183 122 545 78 425 310 670 Treasury certificates of indebtedness 3,641 190 667 78 264 387 682 175 217 235 57 157 532 Treasury notes 5,896 165 174 1,553 287 479 1,035 174 281 335 115 185 1,113 U. S. bonds 18,369 802 936 5,672 1,386 628 876 3,129 562 507 303 586 2,982 Other securities 6,850 215 368 2,330 208 507 236 282 176 168 945 129 1,286 Reserves with Federal Reserve Banks 15,053 5,645 535 564 558 958 512 482 2,236 236 571 2,191 565 Cash in vault 1,069 82 60 253 103 89 130 54 16 41 39 47 155 Balances with domestic banks 104 2,485 122 144 119 207 213 82 358 129 324 405 278 Other assets - net 1,430 568 94 81 52 62 16 30 55 43 244 93 92 L I A B I L I T I E S Demand deposits adjusted 54,167 2,797 18,422 2,389 3,762 2,449 2,022 7,246 1,596 870 8,090 2,348 Time deposits except Govt. 16,229 4l6 1,426 538 2,723 603 2,712 530 474 436 237 5,682 452 U. S. Government deposits 2,482 886 96 212 90 118 83 441 46 101 70 84 255 Interbank demand deposits: Domestic banks 10,671 3,067 305 395 545 672 1,641 503 780 ,011 344 852 556 Foreign banks 1,319 1,091 12 31 10 48 9 4 5 11 2 3 93 Borrowings 11 1,177 50 479 11 72 25 185 36 46 3 250 9 Other liabilities 1,200 40 2.033 44 77 69 106 34 22 31 30 55 325 CAPITAL ACCOUNTS 6,834 368 2,584 500 338 221 252 810 210 242 111 941 257 mm mm mm mm Debits to demand deposit accounts, except 24,768 1,000 10,672 841 932 1,589 857 684 386 2,956 871 899 3,081 interbank and U. S, Govt, accounts # Individual loan items are reported gross, i.e., before deduction of valuation reserves. ^Preliminary (San Francisco District) because of holiday. i 1
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