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

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

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H.4.3

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

(For Immediate Release) August 2, 1951

CONDITION OF WEEKLY REPORTING MEMBER BANKS IN CENTRAL RESERVE CITIES

(In millions of dollars)

New York City Chicago Increase or Increase or

Aug, 1} 1951

iecrease since Aug,. decrease since Aug, 1} 1951

July 25» 1951

Aug. 2, 1950

1, 1951

July 25, 1951

Aug, 2, 1950

A S S E T S

Loans and investments - total 19,828 + 55 + k90 Loans - net 10,010 - 51 4-1,855

Loans - gross 10,151 - 51 +1,850 Commercial, industrial and

10,151

agricultural loans 6,81+0 + 98 +1,91+5 Loans to brokers and dealers for purchasing or carrying:

286 •

556 U, S, Govt, obligations 286 - 90 - 556 Other securities 805 + 59 + 51

Other loans for purchasing or carrying:

15 U* S, Govt, obligations 28 - 5 - 15

Other securities 229 - 2 + 17

Real estate loans 1+87 - 10 + 127 Loans to banks 168 - 61+ + 15

Other loans 1,510 + l + 268

U.S. Government securities-total 7,857 + 85 -1 ,655

Treasury bills 785 +157 + I+25 Treasury cert, of indebt. 598 +115 + 29

Treasury notes 1,1+50 -172 - 11)1+

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;

196 Domestic banks 2,814? + 59 + 196 Foreign banks 1,051 - 21 + 5

Borrowings 575 +167 + 109

Other liabilities 951 - 1+ + 221

CAPITAL ACCOUNTS 2,565 + 15 + 1+8

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)

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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

Real estate loans 5,545 207 810 144 388 230 90 472 251 110 167 120 2,556 Loans to banks 324 27 168 13 16 18 17 25 3 wmmm U 4 19 Other loans 5,865 290 1,555 390 350 310 319 622 261 154 228 273 1,113

U. S. Government securities - total 30,997 1,413 9,043 1,158 2,499 1,510 1,264 5,399 986 494 1,300 1,044 4,887 Treasury bills 2,648 140 853 81 231 188 102 359 91 36 251 132 184 Treasury certificates of indebtedness 2,224 104 441 43 209 80 170 508 112 24 135 105 293 Treasury notes 6,683 193 1,621 209 507 326 356 1,172 212 132 348 234 1,373 U. S. bonds 19,442 976 6,128 825 1,552 916 636 3*360 571 302 566 573 3,037

Other securities 6,616 249 2,218 345 488 167 228 946 168 134 263 167 1,243 Reserves with Federal Reserve Banks 14,051 535 5,306 527 931 537 479 2,121 432 234 562 509 1,878 Cash in vault 807 54 171 43 82 67 42 102 32 13 33 37 131 Balances with domestic banks 2,318 97 137 120 148 172 202 331 120 74 288 365 264 Other assets - net 1,415 97 579 56 78 53 55 101 29 17 43 67 240

L I A B I L I T I E S Demand deposits adjusted 50,383 2,627 17,189 2,221 3,552 2,260 1,983 6,796 1,518 819 2,046 2,190 7,182 Time deposits except Govt. 15,793 478 2,596 434 1,388 599 523 2,669 485 233 419 435 5,534 U. S. Government deposits 2,809 109 831 123 236 108 67 600 75 59 101 72 428 Interbank demand deposits: Domestic banks 9,472 288 2,922 407 486 403 515 1,591 592 294 862 629 483

Foreign banks 1,253 34 1,033 13 9 7 11 42 1 2 2 7 92 Borrowings 627 5 378 13 21 3 1 64 19 20 3 1 99 Other liabilities 1,626 75 975 36 49 33 32 83 25 19 28 29 242

CAPITAL ACCOUNTS 6,728 341 2,577 338 491 249 215 793 204 109 235 251 925 Debits to demand deposit accounte, except

11,169 interbank and U. S. Govt, accounts 25,755 1,072 11,169 904 1,518 893 810 3,643 694 354 847 813 3,038 IF Individual loan items are reported gross , i.e.,before deduction of valuation reserves.

3,643 694 813 3,038

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