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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) April 26, 1950 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 April 19: Decreases of $180,000,000 in loans and $195,000,000 in reserveswith Federal Reserve Banks; increases of $246,000,000 in holdings of Treasury bills and $166,000,000 in demand deposits adjusted; and decreases of $229,000,000 in United States Government deposits and $173,000,000 in demand deposits credited to domestic banks. Commercial, industrial, and agricultural loans decreased $83,000,000 in New York City, $15,000,000 in the Atlanta District, $12,000,000 in the Boston District, and by smaller amounts in most of the other districts; the net decrease at all reporting member banks was $145,000,000. Holdings of Treasury bills increased in seven districts and decreased in the other five; the principal changes were increases of $147,000,000 in New York City, $31,000,000 in Chicago, $29,000,000 in the San Francisco District, and $28,000,000 in the Cleveland District. Holdings of Treasury certificates of indebtedness decreased $33,000,000 and holdings of United States Government bonds increased $32,000,000 at all reporting member banks. Demand deposits adjusted increased $58,000,000 each in Chicago and in the New York District outside of New York City, $47,000,000 in the San Francisco District, and $27,000,000 in the Cleveland District. United States Government deposits decreased in all districts. Demand deposits credited to domestic banks decreased $28,000,000 in the St. Louie District, $27,000,000 in the San Francisco District, and $25,000,000 each in Chicago and in the Atlanta District. A summary of the assets and liabilities of reporting member banks follows: Apr. 19, 1950* 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 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities (in 66,679 24,857 25,239 13,571 Increase or decrease since Apr. 20, Apr. 12, 1950 1949 millions of dollars) +5,412 + 71 - 180 + 713 - 180 + 794 - 145 - 733 - 136 + 443 665 1,013 + 35 24 136 465 4,502 297 4,590 36,170 1,879 4,337 5,891 24,063 5,652 + + - 2 5 11 48 - 16 + + 32 22 54 + 39 + 424 + 72 + 739 +3,405 + 213 - 368 +4,920 -1,360 +1,294 + 10 + 229 + 246 - 33 Reserve 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 11,662 765 2,185 - 195 - 39 - 19 -2,601 10 + 167 46,658 15,442 2,223 8,925 1,318 315 + 166 + 20 - 229 + + + + - Debits to demand deposit accounts, except interbank and U- S. Govt, accounts, during week ^Preliminary figures (San Francisco District) 24,089 (Revised figure previous week 19,520) - 173 + - 25 21 - 901 270 706 833 63 106 H.4.2(a) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER B A M S IN LEADING CITIES, APRIL 19, 1950 F e d e r a l R e s e r v e D i s t r i c t Total* all New Phila- Cleve- RichSt. Minne- Kansas San * Atlanta Chicago Louis apolis districts Boston York delphia land mond City Dallas Francisco A S S E T S (In millions of dollars) Loans and investments - total 4,641 2 , 7 0 8 66,679 3 , 0 2 2 21,475 2 , 8 0 3 2,467 9,276 2,229 1,232 &,605 2,514 11,707 Loans - net# 24,857 1,063 8,386 966 1,490 926 889 2,562 956 460 986 1,177 4,996 Commercial, industrial, and agr'l loans 13,571 626 5,008 492 813 417 520 1,578 507 221 630 828 1,931 Loans to brokers and dealers for purchasing or carrying: U. S. Government obligations —»•» 665 610 15 2 15 1 19 3 Other securities 1,013 12 811 29 30 12 6 9 70 6 18 3 Other loans for purchasing or carrying: U. S. Government obligations 10 136 2 25 10 30 12 18 8 8 3 3 7 Other securities 465 19 203 48 21 19 7 56 13 12 40 22 5 Real estate loans 4,502 152 108 532 224 305 78 376 142 197 78 2,211 99 Loans to banks 18 20 297 1 195 24 14 9 5 11 Other loans 4,590 1,146 233 322 269 249 46l 222 255 189 157 209 878 U. S. Government securities - total 36,170 1,766 11,270 1,477 2,763 1,632 1,366 5,860 1,087 643 1,371 1,204 5,731 Treasury bills 60 1,879 534 125 96 94 8 97 365 52 157 92 199 Treasury certificates of indebtedness 4,337 163 173 990 238 280 170 167 759 74 225 259 839 Treasury notes 5,891 1,728 232 203 425 247 245 1,045 212 132 196 233 993 U. S. bonds 24,063 8,018 1,301 2,004 1,118 986 747 3,691 656 429 756 657 3,700 Other securities 5,652 1,819 193 360 388 150 212 186 854 248 129 980 133 Reserve with .Federal Reserve Banks 11,662 471 456 704 428 4,539 402 1,711 349 196 432 455 1,519 Cash in vault 166 765 66 52 43 78 40 96 29 13 31 34 117 Balances with domestic banks 2,185 103 100 127 136 150 178 120 324 276 267 79 325 Other assets - net 418 1,133 74 56 67 86 50 26 53 25 15 56 207 L I A B I L I T I E S Demand deposits adjusted 46,658 2,438 16,319 2,142 3,049 2,050 6,152 812 1,912 2,000 6,616 1,773 1,395 Dime deposits except Govt. 15,442 2,444 483 432 600 1,392 2,630 545 493 254 394 439 5,336 U, S. Government deposits 106 2,223 671 132 163 62 115 64 60 435 59 279 77 Interbank demand deposits: Domestic banks 8,925 280 2,788 460 381 371 1,403 523 585 265 627 463 779 Foreign banks 1,318 10 31 1,095 48 7 4 5 8 9 1 3 97 Borrowings 8 315 202 6 13 6 37 11 4 23 5 Dther liabilities 1,274 47 32 717 28 20 39 23 74 16 248 13 17 CAPITAL ACCOUNTS 6,269 2,489 329 316 479 200 232 740 185 210 103 212 774 Debits to demand deposit accounts, except interbank and U. S. Govt, accounts 24,089 1,266 873 10,709 824 937 3,106 796 665 384 899 843 2,787 ^Individual loan items are reported gross, i.e. before deduction of valuation reserves. *Preliminary (San Francisco District)
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