BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.l*»2 (For Immediate Release) August 8, 1951 CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEAPTN} CITIES The condition statenent of weekly reporting member banks in leading cities shows the following principal changes for the week ended August 1: An increase of $166,000,000 in commercial, industrial, and agricultural loans; decreases of $152,000,000 in demand deposits adjusted and $291,000,000 in United States Govern- ment deposits; and an increase of $2bit,000,000 in borrowings. Commercial, industrial, and agricultural loans increased in all but one dis- trict; the principal increases were $98,000,000 in New York City, $20,000,000 in the San Francisco District, ^5,000,000 in the Chicago District, and : 11,000,000 in the Cleveland District, and there was a decrease of $11,000,000 in the Boston District. Loans to brokers and dealers for purchasing or carrying United States Government securities decreased $106,000,000, Loans to banks decreased $111,000,000. Substantial decreases in holdings of Treasury notes and increases in holdings of Treasury certificates of indebtedness occurred in most districts; they totaled $820,000,000 and $725,000,000, respectively, partially reflecting the exchange of maturing notes for a new certificate issue. Holdings of Treasury bills increased $157,000,000 in New York City and decreased $>21*,000,000 in the Dallas District; there was a net increase of $ll*8,000,000 at all reporting member banks. Holdings of "other securities'* decreased $ltO,000,000. Demand deposits adjusted decreased $92,000,000 in New York City, $1*6,000,000 in the Chicago District outside of Chicago, and $31,000,000 in the San Francisco District, and they increased $56,000,000 in the Philadelphia District. Demand deposits credited to domestic banks increased $108,000,000. Borrowings increased $167,000,000 in New York City and $1*9> 000,000 in the San Francisco District. A summary of assets and liabilities of reporting member banks follows: August 1, Increase or decrease since 1951 July 25, 1951 August 2, 1950 ASSETS (In mil .lions of dollars; 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 LIABILITIES 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 July 25 figures revised (San Francisco District). 70,100 32,1*87 32,918 19,121 - lit - 22 - 21 +166* +2,253 +6,106 +6,176 +5,102 3U9 -106 - 591* 1,01*1 + 55 + 50 127 - 8 - la 573 - 3* + 65 5,51*5 - 10* + 730 321* -111 + 110 5,865 - ll* + 751* 30,997 + 1*8 -It, 1*99 2,61*8 +11*8 + 817 2,221* +725 + 90 6,683 -820 - 335 19,1*1*2 - 5 -5,071 6,616 - 1*0 + 61*6 11*, 051 - 1*0 +1,898 807 — 56 + 50 2,318 - 2 + 138 50,383 -152 +2,119 15,793 - 1 + 333 2,809 -291 + 731 9,1*72 +108 + 588 1,253 - 13 3 627 +21*1* + 190 25,755 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.l*»2 (For Immediate Release) August 8, 1951
CONDITION OF WEEKLY REPORTING MEMBER BANKS IN LEAPTN} CITIES
The condition statenent of weekly reporting member banks in leading cities shows the following principal changes for the week ended August 1: An increase of $166,000,000 in commercial, industrial, and agricultural loans; decreases of $152,000,000 in demand deposits adjusted and $291,000,000 in United States Govern-ment deposits; and an increase of $2bit,000,000 in borrowings.
Commercial, industrial, and agricultural loans increased in all but one dis-trict; the principal increases were $98,000,000 in New York City, $20,000,000 in the San Francisco District, ^5,000,000 in the Chicago District, and : 11,000,000 in the Cleveland District, and there was a decrease of $11,000,000 in the Boston District. Loans to brokers and dealers for purchasing or carrying United States Government securities decreased $106,000,000, Loans to banks decreased $111,000,000.
Substantial decreases in holdings of Treasury notes and increases in holdings of Treasury certificates of indebtedness occurred in most districts; they totaled $820,000,000 and $725,000,000, respectively, partially reflecting the exchange of maturing notes for a new certificate issue. Holdings of Treasury bills increased $157,000,000 in New York City and decreased $>21*,000,000 in the Dallas District; there was a net increase of $ll*8,000,000 at all reporting member banks. Holdings of "other securities'* decreased $ltO,000,000.
Demand deposits adjusted decreased $92,000,000 in New York City, $1*6,000,000 in the Chicago District outside of Chicago, and $31,000,000 in the San Francisco District, and they increased $56,000,000 in the Philadelphia District. Demand deposits credited to domestic banks increased $108,000,000.
Borrowings increased $167,000,000 in New York City and $1*9> 000,000 in the San Francisco District.
A summary of assets and liabilities of reporting member banks follows:
August 1,
Increase or decrease since
1951 July 25, 1951
August 2, 1950
A S S E T S (In mil .lions of dollars;
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
U.S. bonds callable or maturing: Within 1 year 1,915 - 5 + 598
1 to 5 years 1,985 6 -2 ,211 After 5 years 1,5U6 - 1+. - 11+8
Other securities 1,961 - 19 508
Reserves wiuh F. R. Banks h,97h - 5b + 51+7
Cash in vault 119 6 + 5 Balances with domestic banks 53 + 5 + 1 Other assets - net 526 + 11+ + 95
L I A B I L I T I E S Demand deposits adjusted 15,1+21 - 92 + 295 Time deposits except Govt. 1,762 - 10 + 81 U. S. Government deposits 728 -118 + 179 Interbank demand deposits;
Debits to demand deposit accounts 1 except interbank and U. S, Govt # accounts, during week 10,528
6,Oll+ 2,570 2,1+10
1,800
52 82
Ik 50 106 6
520
5,051+
182 280 61+7
589 692 661+ 590
1,595 56
161 56
1+, 170 1,1+19
291
1,151
57 55 50
551
- 1+ - 1 0 - 9
+ 11
- 16 + 6
- 5 - 5
+ 5
+ 9 + 92 - 98
- 2
+ 5
- 7
+ 11 + 5
+ 11 + 2 - 22
+ 11+ + 2 - 2
- h + 1+
+ 86 +585 +597
4-552
- 16 + 1+
- 1+ - 1 + 21 + 2 + 59
-1+86
-159
- 7 - 98
+225 -1+71+ + 7
- 15
+120 + 1 + 2 + 2
71 21+ 97
15 1 20 5
22
2,166 (Revised figure previous week
1,955)
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
H.4.2 (a) ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER" BAMS IF LEADING CITIES, AUGUST 1, 1951
Total F e d e r s i 1 R e s e r v e D i s t r i c t all Boston New Phila- Cleve- Rich-| Atlanta jchicago St. Minne- Kansas Dallas San
districts Boston
York delphia land mond | Atlanta jchicago
Louis apolis i City Dallas
Francisc
A S S E T S (In millions of dollars) Loans and investments - total 70,100 3,174 22,308 2,839 4,993 2,833 2,569 9,983 2,306 1,217 2,770 2,636 12,472 Loans - net 32,487 1,512 11,047 1,336 2,006 1,156 1,077 3,638 1,152 589 1,207 1,425 6,342 Commercial, industrial, and agr'l loans 19,124 970 7,285 771 1,177 549 621 2,377 620 322 782 976 2,674 Loans to brokers and dealers for
2,674
purchasing or carrying: U. S. Government obligations 349 5 299 1 7 1 32 1 wmmm mmmm mmmm 3 Other securities 1,041 9 834 30 29 6 12 91 8 3 7 9 23
Other loans for purchasing or carrying: U. S. Government obligations 127 10 33 4 10 12 11 16 8 2 4 11 6 Other securities 573 21 247 7 60 44 25 61 14 6 14 48 26