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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H»l*.2
(For Immediate Release)
June 27, 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 June 20: An increase of
$1,582,000,000 in holdings of Treasury certificates of indebtedness? decreases of
$706,000,000 in holdings of Treasury notes and $898,000,000 in holdings of United
States Government bonds; and an increase of $1,175,000,000 in United States Government deposits.
Commercial, industrial, and agricultural loans increased #105,000,000 in New
York City, $17,000,000 in the Chicago District, and $11,000,000 in the San Francisco District, and decreased $10,000,000 in the Atlanta District; there was a net
increase of $131,000,000 at all reporting member banks* Nearly all of the other
loan categories showed increases*
Substantial increases in holdings of Treasury certificates of indebtedness
and decreases in holdings of Treasury notes and of United States Government bonds
occurred in most districts, reflecting the exchange of maturing notes and a
callable bond for the certificates, the first series issued this year. Holdings
of Treasury bills increased by $653,000,000 at all reporting member banks; the
principal increases were $350,000,000 in New York City, $98,000,000 in the Chicago
District, and by smaller amounts in the other districts. Holdings of "other
securities" increased $63,000,000 at all reporting member banks.
Demand deposits adjusted decreased $115,000,000 in Chicago, $83,000,000 in
the Cleveland District, and $51*, 000,000 in the New York District outside New York
City, and increased $180,000,000 in New York City; the net decrease at all reporting member banks was $258,000,000. United States Government deposits increased
and demand deposits credited to domestic banks decreased in nearly all districts.
A summary of assets and liabilities of reporting member banks follows;
June
20,
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 carryingi
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
Increase or
decrease since
June 21
June 13,
1950
1951
(In millions of do].lars)
+2,529
+7,116
+7,187
70,131
32,677
33,133
19,216
+912
+21*8
+21*7
+131
+^,68ij.
235
1,036
+ 1*1*
+ 16
-
125
597
5,52k
1*81*
5,916
95
281
+ 3
+ 1*6
+ 7
12
+
92
+ 860
+ 200
+1,039
—
U. S. Government securities - total
Treasury bills
Treasury certificates of indebtedness
Treasury notes
U. S. bonds
Other securities
31,186
+631
-5,71*9
2,800
1,582
7,332
19,1*72
6,571
+653
+1,582
-706
-898
+ 63
+ 277
-1,638
+ 51<8
Reserves with Federal Reserve Banks
Cash in vault
Balances with domestic banks
111, 513
81*3
2,1*71*
+ 50
— 1*0
-161
+2,1*92
+
51
+ 130
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
Borrowings
50,875
15,701
3,702
9,331
1,289
398
-258
+ 26
+1,175
-233
- 53
+ 1*0
+2,835
+ 110
+1,31*2
+ 396
+
1*
+ 185
Debits to demand deposit accounts, except interbank
accounts, during week
30,793
and U. S. Government
-by 93^
+
862
ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, JUNE 20, 1951
H.4.2 (a)
A S S E T S
F ed e r a 1 R e se rv e D i s t r i c t
Total
San
all
New jPhila- jCleve-j Rich- Atlanta {Chicago St. jMlnne- jKeneae^Dallas
Boston)
Francisco
Louis japolis ) City |
districts
York (delphiaj land f mond
(In millions of dollars)
3,182 22,981 2,831
1,509 11,206 1,321
2,786
1,178
572
9,986
3,601
2,372
2,312
1,165
635
9
88
1
7
18
61
1
6
110
995
7,258
758
235
2
11
210
1
32
9
25
1
5
13
125
597
5,524
484
5,916
10
22
29
267
805
404
1,579
9,643
l y 247
381
1,730
6,285
4
7
146
6
389
1,163
83
29
13
66
382
1
351
2,508
215
165
580
1,548
496
11
40
238
7
318
1,443
142
36
354
911
165
12
24
97
8
321
1,210
74
76
434
626
225
30
614
5,434
387
385
1,297
3,365
951
8
14
247
3
264
973
75
83
260
555
174
537
46
138
57
895
465
45
197
54
2,096
104
410
90
450
34
125
29
220
161
76
528
71
179
52
2,215
432
161
391
15
25
37
333
3,467
1,379
312
477
10
17
52
493
2,242
591
111
386
6
4
27
249
1,902
519
100
492
12
14
34
213
6,697
2,655
791
1,546
42
80
87
788
1,538
483
126
562
2
17
25
197
786
233
81
286
3
39
20
108
992
4,532
837
418
70,434
32,677
Reserves with Federal Reserve Banks
Cash in vault
Balances with domestic banks
Other assets - net
L I A B I L I T I B S
Demand deposits adjusted
Time deposits except Govt.
U. S. Government deposits
Interbank demand deposits: Domestic banks
Foreign banks
Borrowings
Other liabilities
CAPITAL ACCOUNTS
14,513
843
2,474
1,367
19,216
1,036
31,186
2,800
1,582
7,332
19,472
6,571
50,875
15,701
3,702
9,331
1,289
398
1,660
6,675
204
2
289
1,425
140
83
214
988
248
568
61
102
95
2,624
475
130
290
33
31
85
340
816
2,
* 2 8
127
553
17,996
2,630
1,296
3,015
1,058
70
958
2,561
216
835
347
86
1,129 13,088 1,098 1,908 1,046
Debits to demand deposit accounts, except
30,793
interbank end U. S. Govt, accounts
f FRASER
Individual loan items are reported gross i.e. "before deduction of valuation reserves.
Digitizedifor
1,219
618
343
2,525
1,090
633
4,989
1,985
1,169
Loans and investments - total
Loans - net #
Commercial, industrial, and agr'l 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
Leans to banks
Other loans
U. S. Government securities - total
Treasury bills
Treasury certificates of indebtedness
Treasury notes
U. S. bonds
Other securities
466
2,727
2,611
796
1,000
12,285
6,344
2,685
8
2
21
1,216
1,444
—
3
— —
163
465
8
20
127
310
136
13
87
17
5
15
170
2
230
8
49
123
1
6
26
2,536
20
272
1,126
,246 1,002
88
199
81
63
259
416
4,674
265
529
34
300
41
413
140
782
1
25
142
180
574
165
1,445
2,907
1,267
551
39
352
64
1,931
130
296
239
2,210
7,190
5,450
367
441
87
596
6
508
101
76
28
26
234
251
281
908
999
3,629
@FedFRASER