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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) September 5, 1951 CONDITION OF TOEKLY REPORTING MEMBER B A M S IN LEADING CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended August 29$ An increase of $681,000,000 in demand deposits adjusted, and decreases of $350*000,000 in United States Government deposits and $4.15,000,000 ir. demand deposits credited to domestic banks* Commercial, industrial, and agricultural loans increased in six districts and decreased in the other six, with a net decrease of $1,000,000 at all reporting member banks; the largest increase was $12,000,000 in the San Francisco District and the largest decrease -mas $9,000,000 in the Atlanta District. Loans to brokers and dealers for purchasing or carrying United States Government securities increased $59,000,000, largely in New York City* Holdings of Treasury bills decreased $30,000,000 in the San Francisco District, $27,000,000 in New York City, $21,000,000 in the Boston District, and a total of $123,000,000 at all reporting member banks. Holdings of United States Government bonds increased $74,000,000 in New York City and $57»000,000 at all reporting member banks. Holdings of "other securities" increased $61,000,000* Demand deposits adjusted increased in all but one district; the principal increases were $301,000,000 in New York City, $130,000,000 in the Chicago District, and $129,000,000 in the San Francisco District. Time deposits increased $59,000,000* United States Government deposits decreased in all districts* Demand deposits credited to domestic banks decreased $122,000,000 in New York City, $75,000,000 in the Chicago District, and $57,000,000 in the Kansas City District. Borrowings increased $75,000*000 in New York City and $34,000,000 in the Chicago District, and they decreased $79,000,000 in the San Francisco District; the net increase at all reporting member banks was $51,000,000. A summary of assets and liabilities of reporting member banks follows: Increase or decrease since August 22, August 30, 1951 1950 (In millions of dollars) August 29, 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 70,14.88 32,916 33,378 19,502 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 30,930 2,593 2,239 6,612 6,6142 - 7 + 20 + 57 + 61 Reserves with Federal Reserve Banks Cash An vault Balances with domestic banks lit, 092 +157 +149 +II48 - 1 268 902 + 59 - 3 128 570 5,581+ 558 5,866 - 3 + 8 + 13 19,i486 + 96 - 21 - 53 -123 +1,918 +5,663 +5,734 +U.763 - 237 - 71 + + 200 J427 - 20 + 26 + 6I4.6 -4,152 + 296 + 880 -1,275 -4,053 + 1+07 896 2,151 - 27 + bh -139 +1,966 + 66 33 50,976 +681 + 59 -350 -I+15 - 16 + 51 +1,981 + U52 + 229 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 accounts, during week Digitized forand FRASER U. S. Government 15,877 2,750 9,189 1,235 602 22,393 + 565 + 14 306 H.4.2 (a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, AUGUST 29, 1951 Total all Boston districts A S S E T S Loans and investments - total Loans - net § Commercial, industrial, and agr'1 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 New York F e d e r a l Phila- Clevedelphia land R e s e r v e D i s t r i c t RichSt. Minne- Kansas San Atlanta Chicago Dallas mond Louis apolis City Francisco (In millions of dollars) 5,061 2,864 2,609 10,021 2,311 1,226 2,840 2,673 12,610 2,045 1,151 1,055 3,719 1,162 599 1,219 1,435 6,479 606 .802 320 1,199 2,762 '627 2,475 977 544 70,4-08 32,916 19,502 3,123 1,529 980 22,301 11,177 7,418 2,336 1,346 792 268 902 7 10 221 703 1 29 8 23 1 6 11 128 570 5,584 553 5,866 10 21 206 35 287 35 243 829 320 1,567 4 7 143 4 390 10 60 394 35 348 11 41 233 17 313 11 25 88 12 320 16 61 477 22 625 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 30,930 2,593 2,239 6,612 19,486 6,642 1,350 92 106 189 963 249 8,890 706 382 1,641 6,161 2,234 1,162 75 50 218 819 328 2,537 262 221 504 1,550 479 1,540 211 86 322 921 173 1,324 130 179 372 643 230 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 14,092 896 2,151 1,458 525 58 86 96 5,226 196 113 596 532 48 109 57 907 91 139 85 540 77 159 56 489 48 187 57 5,357 380 497 1,133 3,347 945 2,181 50,976 15,877 2,750 - 9,189 1,235 602 1,730 6,726 2,579 477 118 269 31 2 74 343 17,359 2,619 806 2,702 1,025 338 1,009 2,574 2,204 437 128 381 13 45 37 337 3,609 1,406 224 475 9 11 55 494 2,256 602 118 407 9 25 29 250 Debits to demand deposit accounts, except interbank and U. S. Govt, accounts 8,707 22,393 873 1,431 854 835 Individual loan items are reported gross, i.e., before deduction of valuation reserves. 26 74 1 7 3 7 7 3 17 8 14 252 4 263 2 9 HI 10 152 4 14 164 5 232 10 49 123 7 278 7 26 2,564 87 1,091 981 96 116 203 566 168 495 35 24 136 300 132 1,358 298 150 340 570 271 1,067 160 115 217 575 171 4,869 148 313 1,337 3,071 1,262 215 573 555 1,911 110 295 104 438 37 114 31 14 73 17 37 272 45 41 351 69 139 253 245 1,986 528 75 530 9 12 34 216 6,935 2,673 548 1,538 41 91 91 794 1,537 486 77 579 1 16 28 207 805 233 64 298 3 12 20 110 2,091 424 101 864 2 25 31 237 2,231 433 75 659 7 31 253 7,384 5,559 416 487 85 25 291 911 785 3,256 624 395 852 820 2,961 — ****
@FedFRASER