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H.k#2 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) November 28, 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 November 21$ Decreases of $2kk million in balances with domestic banks and $552 million in demand deposits credited to domestic banks, and increases of $108 million in demand deposits adjusted and $309 million in United States Government deposits. Commercial, industrial, and agricultural loans increased $3k million in the San Francisco District and $9 million in the Kansas City District, and they decreased $16 million in New York City and $12 million in the Chicago District; there was a net increase of $2k million at all reporting member banks. Borrowings of commodity dealers, manufacturers of metals and metal products and of food products, and public utilities showed increases, while sales finance companies and manufacturers of textiles, apparel, and leather showed decreases. These changes were all in the $30-$50 million range, and are preliminaryj a complete analysis will be available in another press release next Tuesday which will include the purpose classification. Loans to banks increased $35 million. Holdings of United States Government securities increased $67 million. Holdings of "other securities" increased $kk million. Demand deposits adjusted increased $150 million in New York City, $71 million in Chicago District, atid $53 million in the San Francisco District; they decreased $89 million in the Cleveland.District and $62 million in the Minneapolis District. Time deposits decreased $5k million. Borrowings decreased $11*2 million in New York City and increased by smaller amounts in most of the other districts; the net decrease at all reporting member banks was $31 million. A summary of assets and liabilities of reporting member banks follows; Increase or decrease since Nov. 14, Nov. 22, 1951 1950 (In mi]Llions of dollars) +126 +2,98k 72,652 + 15 3k,513 +k,k77 + 15 +k,562 3k,992 + 2k 20,872 +3,897 Nov, 21, 1951 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 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 153 913 121 556 5,671 726 5,950 31,521 3,3k6 3,010 5,96k 19,20k 6,615 - + 19 23 1 mum •W + + + + + + + + k 35 1 67 10 20 19 18 kk - 31k k9 65 3 + k80 + k83 + 133 -1,782 +1,083 +1,906 -1,781 -2,990 + 289 Ik,569 87k 2,kl7 + Ik -107 -2hh +2,218 + k8 + 203 52,357 16,063 2,259 10,505 1,252 739 +108 5k +309 -552 13 - 31 +2,507 + 681 + 321 +1,120 - 107 + 338 30,833 HA.2(a) Total All Districts Boston 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 domestice 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 er a 1 R e s e r v e D i s tr i c t New York Phila- Cleve- RichSt. Minne- Kansas San Atlanta Chicago delphia land mond Louis apolis City Dallas Francisco (in millions of dollars) 72,652 34,513 20,872 3,279 22,848 2,892 1,566 11,926 998 8,029 1,806 5,188 3,020 2,702 2,100 1,181 1,071 1,278 568 628 153 943 2 9 121 556 5,671 726 5,950 31,524 3,346 3,010 5,964 19,204 6,615 14,569 874 2,417 1,409 6 21 236 33 289 1,494 213 151 l6l 969 219 600 56 101 87 32 3 231 7 860 134 545 19 1,543 390 8,768 1,164 814 96 71 479 188 1,548 809 5,927 2,154 358 531 5,392 206 43 114 149 544 53 10 12 10 63 24 45 407 239 89 6 5 5 316 345 318 2,593 1,641 1,397 266 315 178 130 299 252 481 328 315 1,498 930 639 198 495 234 550 530 957 86 46 75 143 175 197 82 62 55 52,357 16,063 2,259 10,505 1,252 739 1,928 6,818 2,709 17,734 2,275 420 537 2,666 105 83 722 3,042 403 319 12 1,031 33 40 256 3 1,102 38 71 368 2,586 340 3,708 2,337 2,010 1,413 605 535 181 115 89 520 613 503 9 5 9 62 18 23 64 42 34 221 499 253 127 726 1 34 8 26 5 6 Debits to demand deposit accounts, except interbank and U. S. Govt, accounts 30,833 1,236 12,843 1,146 1,822 1,182 $ Individual loan items are reported gross, i.e., before deduction of valuation reserves. 14 992 10,115 2,467 1,274 2,997 2,851 3,940 1,274 617 1,50k 2,651 728 341 1,046 13,019 6,707 2,953 9 1 23 8 17 13 59 48? 244 76 2 623 283 5,24l 1,019 311 119 188 597 1,052 169 3,281 543 934 174 2,124 470 106 35 320 119 100 30 2 4 10 6 48 13 112 162 123 2 1 7 154 232 283 529 1,459 1,182 402 258 77 38 219 151 260 112 193 302 580 578 128 281 165 234 598 596 13 4l 34 91 432 309 86 17 45 7 26 2,578 25 1,174 5,037 297 435 1,157 3,148 1,275 1,987 133 267 248 7,044 1,567 2,697 475 400 71 1,605 731 48 3 33 59 109 31 803 210 849 2,124 2,300 434 432 235 88 47 94 864 362 982 10 2 3 6 2 73 21 49 33 110 241 257 7,700 5,614 264 561 87 164 334 930 921 579 1,258 1,198 3)663 7 78 3,993 2 8 3 7
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