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BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYSTEM H.li.2 (For Immediate Release) August 30, 1950 CONDITION OF WEEKLY REPORTING MEMBER BAIiKS M LEAD BIG CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended August 23$ An increase of $201,000,000 in loans and a decrease of $184,000,000 in holdings of United States Government securities; increases of $339,000,000 in reserves with Federal Reserve Banks, $1+63,000,000 in demand deposits adjusted, and $219 #000,000 in United States Government deposits; and a decrease of $5014.,000,000 in demand deposits credited to domestic banks• Commercial, industrial, and agricultural loans increased in all districts; the principal increases were $52,000,000 in New York City and $26,000,000 in the San Francisco District* Loans to brokers and dealers for purchasing or carrying United States Government securities decreased $301,000,000, largely in New York City. Real estate loans increased $33*000,000* "Other loans" increased $2^3,000,000, largely reflecting a loan to the French Government* Holdings of Treasury bills and of Treasury notes increased $259,000,000 and $379,000,000 respectively; and holdings of Treasury certificates of indebtedness and United States Government bonds decreased $370,000,00u and $i|52,000,000 respectively. Holdings of "other securities" increased $1+3,000,000. Demand deposits adjusted increased $236,000,000 in New York City,$126,000,000 in the Chicago District and $69,0u0,000 in the Cleveland District* United States Government deposits increased in all districts• Demand deposits credited to domestic banks decreased substantially in all districts, the largest decrease being $124,000,000 in the Chicago District. Borrowings increased $25,0u0,000 in the San Francisco District, $21,000,0^0 in New York City and a total of $63,000,000 at all reporting member banks, and decreased $29,000 ,000 in Chicago. A summary of the assets and liabilities of reporting member banks follows: August 23, 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 August 16, August 24# 1949 1950 (in millions of dollars) + 60 68,176 +3,055 + 201 +4,048 27,106 + 199 +4,132 27,495 + 153 +1,570 1^,512 602. 97b 203 + + + 34,894 1,761 1,702 7,336 2b,095 6,176 12.395 301 2,156 Demand deposits adjusted Time deposits except Govt. U. S. Government deposits Interbank demand deposits: 48,561 15,438 2,677 Borrowings Debits to demand deposit accounts, except interbank and U. S. Government accounts, during week - - 517 4,910 388 5,389 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks L I A B I L I T I E S Domestic banks Foreign banks Increase or decrease since 8,6l4 1,275 370 25,838 + 301 2 + 79 355 8 5 33 - 12 60 + 243 184 + 259 370 + 379 - 452 + 43 - + 339 + - 5b 156 + 463 15 + 219 504 + 22 + 63 — + 75 + 729 + 155 +1,339 -2,220 -1,367 -4,657 +6,218 -2,414 +1,227 + + + 54 40 6 +2,245 + 159 + - 182 84 + 81 207 ASSETS AMD LIABILITIES OF WEEK3UX REPORTING MEMBER BAHKS IN LEADING CITIES, AUGUST 23, 1950 Total all districts Boston ASSETS joans and investments - total Loans - netjf Comnercial, industrial, and agr'l 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 [j. 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 Other assets - net LIABILITIES Demand deposits adjusted Time deposits except Govt. [J. S. Government deposits Inter bank demand deposits; Domestic banks Foreign banks Borrowings Dther liabilities .CAPITAL ACCOUNTS 68,176 27,106 lb,512 602 974 District Fed e r a l R e s e r v e San Phila- Cle ve- Ljtikch- Atlanta Chicago St. Minne- Kansas Dallas New Francisco City Louis apolis York delphia land I mond >ns of do liars) 3,048 21,753 2,833 1,224 9,204 1,070 726 5,412 555 14 10 530 776 1 34 4,818 2,727 1,608 1,005 855 17 28 449 I 2,478 962 547 9,749 2,912 1,752 2,250 1,018 516 1,225 2,689 2,603 479 1,002 1,267 863 619 225 12 ,003 5,355 1,993 10 23 76 2 4 1 5 11 18 2 5 205 517 4,910 388 5,389 34,894 1,761 1,702 7,336 24,095 6,176 12,395 801 2,156 1,319 64 4 13 240 17 7 641 127 193 l 301 3 1,384 271 358 1,576 10,548 1,399 76 411 45 166 68 52 280 276 1,848 1,203 8,123 975 364 248 2,001 458 469 4,846 165 42 63 116 96 90 60 506 81 II 36 19 51 232 329 1 9 288 313 2,787 1,560 76 144 101 65 317 535 2,007 1,102 162 423 438 755 68 78 148 143 83 53 13 23 90 5 287 1,298 61 128 363 746 218 419 42 163 58 23 58 406 58 560 5,916 455 403 1,272 3,786 921 1,863 108 319 99 11 14 221 6 256 1,037 49 52 280 656 195 362 31 111 28 160 613 8 36 144 425 133 202 13 88 17 12 4 12 46 108 158 — 1 246 210 1,420 1,190 179 93 122 107 304 325 686 794 146 267 469 495 36 33 280 340 63 39 9 25 2,314 3 1,056 5,550 164 402 1,392 3,592 1,098 1,619 122 262 232 48,561 15,438 2,677 8,6l4 1,275 370 1,444 6,468 2,453 16,721 2,144 465 482 2,555 149 884 114 336 258 2,710 14 36 1,034 6 25 174 36 70 790 320 332 2,518 3,343 2,093 1,354 593 106 184 432 355 8 5 19 23 21 43 238 494 1,841 532 71 454 9 14 35 204 6,644 2,609 555 1,438 47 12 76 757 1,481 487 75 500 2 26 23 188 813 1,991 2,135 442 248 390 91 72 .•73 806 603 267 1 9 3 —— 18 14 23 19 23 226 220 105 6,902 5,281 303 455 107 39 285 866 ^ e76 n , 9 2 8 i.»2 <*> w ^Individual loan items are reported gross, i.e., before deduction of valuation reserves. 825 3,336 667 859 2,920 5 5 91 421 936
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