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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4,2 (For Immediate Release) August 23, 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 August 16: Increases of $172,000,000 in commercial, industrial, and agricultural loans, $104,000,000 in holdings of "other securities", and $514,000,000 in United States Government deposits; and decreases of $253,000,000 in demand deposits adjusted, and $137,000,000 in borrowings. Commercial, industrial, and agricultural loans increased in all districts; the principal increases were $62,000,000 in New York City and $28,000,000 in the Chicago District. Real estate loans increased $34,000,000. Holdings of Treasury bills decreased $97,000,000. Changes in holdings of other United States Government securities were relatively small. Holdings of "other securities" increased $51,000,000 in New York City, $36,000,000 in the Chicago District, and $14,000,000 in the San Francisco District. Demand deposits adjusted decreased $241,000,000 in New York City and $52,000,000 in the Richmond District, and they increased $53,000,000 in the Kansas City District. United States Government deposits increased in all districts. Demand deposits credited to domestic banks increased $71,000,000 in New York City, $47,000,000 in the Chicago District, $38,000,000 in the Cleveland District, and a total of $169,000,000 at all reporting member banks. Borrowings decreased $125,000,000 in New York City and $30,000,000 in the Cleveland District. A summary of the assets and liabilities of reporting member banks follows: Increase or Aug. decrease since 16, Aug. 9, Aug. 17, 1950 1950 1949 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 (In millions of dollars) 68,116 + 183 +3,423 +3,644 26,905 + 155* + 156* 27,296 +3,730 +1,420 + 172 14,359 + 20 - 51 + 195 512 4,877 328 5,146 + + + - 11* 2 34 8 24* 21 + 71 + 711 20 +1,105 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 35,078 1,502 2,072 6,957 24,547 6,133 + - 76 97 9 6* + 104* + 18* -1,407 -1,270 -4,064 +5,883 -1,956 +1,186 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 12,056 767 2,292 - 64 - 41 + 193 - 703 + 39 + 77 48,098 15,453 2,458 9,118 1,253 307 - 253 + 11 + 514 +2,048 + 177 + 97 + 211 - 101 91 903 976 Debits to demand deposit accounts, except interbank and U. S. Government accounts, during week 24,825 * August 9 figures revised. + 169 6 - 137 + 87 377 ASSETS AND LIABI3LITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, AUGUST 16, 1950 Reserve D i s t r i c t F ederal Total all New Phila- Cleve- RichSt. Minne- Kansas San Atlanta Chicago Louis apolis City Dallas Francisco districts Boston York delphia land mond (In millions of do]Liars) ASSETS A , 116 3,046 21,669 2,826 4,783 2,746 2,498 9,758 2,251 1,236 2,700 2,602 12,001 Loans and investments - total 1,224 9,142 1,061 1,595 26,905 480 994 Loans - net# 957 2,896 1,022 993 1,262 5,279 442 548 721 14,359 837 226 543 1,736 861 Commercial, industrial, and agr'l loans 512 609 5,357 1,967 Loans to brokers and dealers for purchasing or carrying: — 826 16 2 14 2 U. S. Government obligations 903 2 6 35 10 11 86 36 976 32 Other securities 2 18 759 5 5 5 7 Other loans for purchasing or carrying: 11 12 4 U. S. Government obligations 56 11 4 13 195 11 8 23 3 39 18 234 512 17 14 46 Other securities 51 12 58 23 7 7 25 186 634 88 125 328 4,877 234 403 220 89 Real estate loans 158 107 2,305 8 21 11 328 194 4 Loans to banks 2 6 51 9 17 5 264 1,227 286 5,146 208 287 244 350 303 548 158 1,018 Other loans 253 624 1,443 1,196 1,576 10,539 l,4o6 2,771 1,591 1,324 35,078 U. S. Government securities - total 5,936 1,037 5,635 68 86 241 418 10 1,502 30 46 135 185 110 Treasury bills 94 79 60 82 2,072 109 90 63 132 Treasury certificates of indebtedness 334 492 38 122 135 415 246 142 520 321 225 1,717 358 1,239 249 Treasury notes 6,957 1,318 327 295 682 1,258 8,247 1,002 2,007 1,102 24,547 434 685 U. S. bonds 3,787 796 755 3,792 l6l 246 1,988 264 417 217 926 144 6,133 192 132 Other securities 1,087 359 464 746 449 388 1,835 468 12,056 450 4,594 361 196 510 Reserves with Federal Reserve Banks 1,595 40 64 40 61 162 28 103 116 767 Cash in vault 13 31 34 75 160 188 110 118 340 154 2,292 91 287 Balances with domestic banks 340 135 91 278 108 28 1,341 510 62 83 58 Other assets - net 85 38 17 59 239 5* L I A B I L I T I E S 8l4 2,006 2,095 6,927 48,098 Demand deposits adjusted 2,427 16,500 2,129 3,274 2,110 1,839 6,518 1,459 488 463 1,357 248 483 Time deposits except Govt. 15,453 443 5,282 391 2,555 593 533 2,617 64 68 2,458 138 167 105 103 U. S. Government deposits 69 87 785 525 278 69 486 286 9,118 Interbank demand deposits: Domestic banks 269 483 641 389 1,562 2,763 548 833 379 479 8 6 12 1,013 11 2 10 Foreign banks 36 1 1,253 49 102 3 21 41 10 10 12 Borrowings 13 14 307 17 155 5 9 4l Other liabilities 1,429 22 18 69 286 21 783 35 23 75 23 33 6,456 188 320 204 CAPITAL ACCOUNTS 493 861 218 332 2,516 105 237 225 757 H.4.2(a) — — — — — — Debits to demand deposit accounts, except 24,825 916 10,354 947 1,367 interbank and U. S. Govt, accounts 919 ^Individual loan items are reported gross, i.e., before deduction of valuation reserves. * — — — m # 823 3,505 699 1 432 862 929 * 3,072
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