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H.4.2
BOARD OP GOVERNORS OF THE FED ERAL RESERVE SYSTEM
(For Immediate Release)
November II4., 1951
CONDITION OF WEEKLY REPORTING PiEmER BANKS IN LEADING CITIES
The condition statement of weekly reporting member banks in leading cities
shows the following principal changes for the week ended November J: Decreases of
$293 million in holdings of Treasury bills and $6814 million in United States Government deposits, and an increase of $296 million in demand deposits credited to
domestic banks •
Commercial, industrial, and agricultural loans increased in all but one district and a total
$96, million at all reporting member banks 5 the principal increases
were $28 million in Chicago and $27 million in the San Francisco District, About
two thirds of the total increase was in the continued borrowings by processors of
food products* Loans to commodity dealers, and to manufacturers of metals and metal
products, and of petroleum, coal, chemicals, and rubber products also showed increases. These were partially offset by decreases in loans to manufacturers of textiles, apparel, and leather, and to sales finance companies. These changes according to industry of borrower are preliminary; a complete analysis will be available
in another press release next Tuesday which will include the purpose classification*
Holdings of Treasury bills decreased $226 million in New York City, $29 million
in the Chicago District, and $23 million in the San Francisco District, Other
changes in holdings of United States Government securities were relatively small.
Demand deposits adjusted increased $$8 million at all reporting member banks•
the principal changes were increases of $56 million in the Cleveland District, $54
million in Chicago, and $1^0 million in the New York District outside of New York
City, but they decreased $166 million in New York City,
A summary of assets and liabilities of reporting member banks follows:
Increase or
decrease since
Nov# 8,
Oct. 31,
1950
1951
(in millions of dollars)
.308
72,340
+4,443
+ 34
34,117
+4,529
+ 35
34,597
+ 96
20,667
+3,998
Nov.
7,
1951
AS n
TS
Loans and investments - total
Loans - net
Loans - gross -•
Commercial, industrial, and agricultural loans
Loans to brokers and dealers
for purchasing or carrying:
U, S, Government obligations
Other securities
Other loans for purchasing or carrying5
U, S, Government obligations
Other securities
Real estate loans
Loans to banks
Other loans
U* S» Government securities - total
Treasury bills
Treasury certificates of indebtedness
Treasury notes
U* S* bonds
Other securities
Reserves with Federal Reserve Banks
Cash in vault
Balances with domestic banks
L I A B I L I T I E S
Demand deposits"adj{Ikted "
Time deposits except Govt,
U, S. Government deposits
Interbank demand deposits: Domestic banks
Foreign banks
Borrowings
Debits to demand deposit accounts",""eSTcept* interbank*
and U, S* Government accounts, during week
137
912
f 3
- 31
- 282
12k
-
-
57
+
+
263
139
556
5,655
607
5,939
31,596
3,455
2,982
5,943
19,216
6,627
14,366
896
2,439
3
1
+ 2
- 20
- 11
-330
-293
- 28
- 13
+ 4
- 12
- 71
+ 26
—
52,162
16,118
2,009
-684
10,591
1,218
628
- 7
- 16
24,613
+ 38
+ 11
+296
30
8
+ 506
-1,796'
+1,102
+1,916
-1,805
-3,009
+ 320
+2,053
+ 25
+ 188
+2,932
+ 696
+ 119
+ 972
+
181
120
n, r.^a)
ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BARKS IN LEADING CITIES, NOVEMBER 7, 1951
Total
All
Districts
A S S E T S
Loans and investments - total
Loans - net$
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 Bunks
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
F e d e r a l
Boston
New
York
Philadelphia
Cleveland
Richmond
72,340
34,117
20,667
3,303
1,559
998
22,693
11,742
7,998
2,86l
5,188
1,346
795
2,083
1,257
1,182
137
912
3
8
111
705
1
32
8
25
4
5
124
7
21
235
30
34
232
855
437
1,537
8,777
3
7
134
7
391
10
63
404
13
345
556
5,655
607
5,939
31,596
3,455
2,982
5,943
19,216
6,627
14,366
896
285
1,501
222
149
161
969
243
555
60
2,439
1,384
94
84
52,162
2,723
542
16,118
2,009
10,591
1,218
628
1,867
6,832
62
296
29
9
66
369
828
473
1,547
5,929
2,174
5,380
217
141
526
17,653
2,665
682
3,027
1,003
277
1,057
2,593
1,167
100
70
190
807
348
538
49
111
52
2,284
427
71
410
12
28
39
340
2,617
343
295
483
1,496
488
955
88
3,014
570
12
43
234
16
313
1,639
278
124
314
923
193
551
76
1
2,711
1,075
622
10
24
89
13
325
l,4oo
15
59
486
21
185
249
328
638
236
518
46
210
60
3,751
1,419
165
525
2,334
613
2,004
20
6
6
499
33
253
10
62
534
77
649
9
9
41
222
886
623
5,287
356
600
1,026
3,305
923
2,107
108
335
98
7,006
2,699
340
1,278
621
337
2,838
1,487
1,023
__
3
7
8
8
13
244
17
284
998
108
2
6
112
17
152
527
76
38
111
302
130
233
13
86
17
4
14
164
5
227
1,483
425
219
259
12
46
122
4
288
1,179
180
175
535
173
459
33
154
30
1,574
477
564
35
297
45
41
410
83
1
23
7
28
2,576
27
1,169
5,021
276
433
1,155
3,157
1,271
851 2,121 2,253
7,608
5,638
233
562
209
3,316
773
4 80
106
3
3
31
580
276
152
194
575
172
2,891
1,945
804
1,632
258
12,934
6,642
561
235
40
364
3
3
21
110
60
765
44
85
3,006
1,247
835
2
7
7
78
56
534
St.
Louis
10,068 2,446
3,858 1,275
2,627
714
11
188
106
D i s t r i c t
Minne^ Kansas Dallas
San
apolis City
Brancisc
[in millions of dollars)
Atlanta Chicago
141
79
Debits to demand deposit accounts, except
interbank and U. S. Govt, accounts
24,613
1,130
9,708
832 1,435
939
fr Individual loan items are reported gross , i.e., before deduction of valuation reserves.
R e s e r v e
436
433
84
986
3
48
31
241
841
10
1
46
257
958
895
89
130
272
254
86
139
334
935
3,261
@FedFRASER