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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.U#2 (For Immediate Release) March 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 March 11*: Increases of $267,000,000 in commercial, industrial, and agricultural loans, $239,000*000 in holdings of Treasury bills, $1*62,000,000 in reserve balancesfaithFederal Reserve Banks, $1,21*9,000,000 in demand deposits adjusted* and $232,000,000 in demand deposits credited to domestic banks', and a decrease of $366,000,000 iji borrowings. Commercial, industrial, and agricultural loans increased in all but one district ; the principal increases were $88,000,000 in New York City, $1*5,000,000 in the Chicago District, $29,000,000 $n the,Cleveland District, $22,000,000 each in the Philadelphia and San Erahdisco Districts, and $19*000,000 in the Boston District* Holdings of Treasury bills increased $129,000,000 in New York City, $37,000,000 in the San Eranciscd District, and $28,000,000 in the Cleveland District. Holdings of United States Government bonds decreased ^21,000,000 in the Chicago District, $19,000,000 each in the New York and San Francisco Districts, and a total of $58,000,000 at all reporting member banks. Holdings of "other securities" increased $1*1*, 000,000* Demand deposits adjusted increased in all districtsj the principal increases were $51+7,000,000 in New York City, $202,000,000 in the San Francisco District, $105,000,000 in the Chicago District, and $87,000,000 in the Cleveland District. United States Government deposits decreased $116,000,000. Demand deposits credited to domestic banks increased in eight districts. Borrowings decreased $21*9,000,000 in New York City and $k0,000,000 in the Cleveland District. A summary of assets and liabilities of reporting member banks follows: ASSETS 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 Demand deposits adjusted Time deposits except Govt. 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 * FRASER March 7 figures revised. Digitized for Increase or decrease since Mar. 7, Mar. 15# 1950 1951 (in millions of dollars) +2,683 +21*8* 69,538 + 28 +7,521 32,173 + 32 +7,592 32,621 +267* +5,067 18,956 March Ik, 1951 231 1,113 - 1*3 6 + 150 578 5,312 365 5,886 30,782 1,718 - 13 - 5 + 16 -177 - 7* +176* +239 8,298 20,766 6,583 Ik,518 871 2,518 - 5* - 58* + 1*1* +1*62* + 1*3 +21*5 + 9 + 113 + 900 + 217 +1,388 -6,095 — 676 -1*,856 +2,717 -3,280 +1,257 +2,080 + 128 + 50 51,826 +1,21*9* + 16 15,597 -116 2,116 +232 9,615 + 15 1,351* 281 -366 +1*,590 + 167 - 388 61 + 82 + 210 28,062 297 195 H.4.2(a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, MARCH 14, 1951 Total Boston all districts A S S E T S 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 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 Other assets - net 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 Other liabilities CAPITAL ACCOUNTS Debits to demand deposit accounts, except interbank and U. S. Govt, accounts ^Individual loan items are reported gross, F e d e r a l R e s e r v e Did-s t r i c t St. "Minne- Kansas San PhilaRichCleveNew Dallas Atlanta Chicago apolis City Louis Francisco mond.. delphia land York Vin millions or aoxxars) 4,943 2,781 2,560 9,783 1,945 1,173 3,484 1,137 1,106 678 2,275 583 69,538 32,173 18,956 3,163 1,502 970 22,468 10,979 7,193 2,861 1,287 730 231 1,113 3 12 204 870 1 40 11 34 2 6 150 578 5,342 365 5,886 10 26 212 4 290 1,418 3 6 137 4 389 1,231 45 25 68 369 23 339 2)532 171 11 33 244 2 306 60 35 253 733 277 1,575 9,330 497 275 1,083 243 1,958 6,875 2,159 287 614 1,747 466 379 948 174 588 58 106 109 5,671 195 557 47 117 64 917 88 515 72 191 55 2,695 18,164 2,708 2,340 1,249 727 1,246 2,729 336 796 3 1 .9 609 1,224 5 90 3 5 22 60 453 21 6l4 9 15 238 2 264 164 4 13 168 1 240 5,350 395 915 36 491 12 1,235 166 486 637 215 484 46 226 290 589 176 152 327 146 615 61 1,559 3,396 949 2,087 109 365 115 446 33 133 32 2,233 587 100 414 6 1 29 244 1,942 514 66 585 13 9 38 210 6,939 2,611 421 1,518 40 62 93 775 28,062 1,124 13,047 1,001 1,446 978 e., before deduction of valuation reserves. 875 3,534 30,782 1,718 8,298 20,766 6,583 14,518 871 2,518 1,512 51,826 15,597 2,116 9,615 1,354 281 1,617 6,551 478 91 284 35 20 84 337 169 600 636 2,990 1,121 103 851 2,530 899 343 2,288 420 106 416 15 39 38 324 165 88 3,647 1,354 165 476 6 7 59 485 1,434 107 12 11 24 93 15 321 1,208 85 2 6 106 mm mm 454 2,656 12,008 6,106 1,478 1,036 2,526 9 9 47 121 1 270 ,014 69 1 23 9 27 2,468 15 1,114 4,624 75 1,488 270 356 589 164 221 14 85 17 576 35 301 45 527 40 350 71 1,929 134 310 255 1,547 480 77 643 2 17 25 193 872 236 51 292 2 4 19 107 2,108 391 84 829 2 14 28 230 30 237 5 323 879 718 426 921 878 3,114 415 63 654 8 3,061 1,278 7,154 5,403 256 514 102
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