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BGA2TD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM S«4.2 (For Immediate Release) December 7> 1949 COmiTlON OF WEEKLY REPORTING MEMBER BANKS IK LEADING CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended November 30: A decrease of $173,000,000 in holdings of United States Government securities; increases of $28lj000,000 in loans, $370,000,000 in demand deposits adjusted, and $218,000,000 in borrowings; and a decrease of $316,000,000 in United States Government deposits. Commercial, industrial, and agricultural loans increased in six districts and decreased in the other six districts; the net increase at all reporting member banks was $3,000,000, and the principal changes were an increase of $13,000,000 in the Dallas District and a decrease of $23,000,000 in New York City. Loans for purchasing or carrying United States Government and other securities increased $251,000,000, largely in New York City. "Other loans" increased $37,000,000. Holdings of Treasury bills decreased $47,000,000 in the Kansas City District, $42,000,000 in the Chicago District, $33,000,000 in New York City, and a total of $116,000,000 at all reporting member banks. Holdings of Treasury certificates of indebtedness decreased $25,000,000 in the Atlanta District, $19,000,000 in the Kansas City District, $17,000,000 in the Richmond District, and by smaller amounts in most of the other districts; the net decrease at all reporting member banks was $87,000,000. Demand deposits adjusted increased in most districts; the principal increases were $187,000,000 in New York City, $108,000,000 in the Chicago District, and $65,000,000 in the Cleveland District, but they decreased $119,000,000 in the Kansas City District. United States Government deposits decreased in all districts. Borrowings increased $136,000,000 in New York City and $58,000,000 in Chicago. A summary of the assets and liabilities of reporting member banks follows: Increase or decrease since Dec. 1, Nov. 23, 1948 1949 (in millions of dollars) 66,844 + 121 +4,514 24,610 + 281 - 482 + 285 24,927 - 417 + 3 -1,767 13,775 Nov. 30, 1949* 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 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 920 703 173 453 4,297 214 4,392 + + 413 236 1 31 2 8 37 - 25 22 253 4 499 + + + + + 37,257 2,343 7,255 1,195 26,464 4,977 - 173 - 116 - 87 + 11 + 19 + 13 +4,182 + 237 +2,797 - 493 +1,641 + 814 12,011 796 2,121 + + -2,563 47,644 15,198 2,239 + 370 - 22 - 316 - 12 + 19 + 218 8,826 1,328 396 Debits to demand deposit accounts, except interbank and U, S. Govt, accounts, during week 18,452 * Preliminary (San Francisco District) because of holiday. + 248 - 27 91 20 •» — - 16 64 + + 303 402 + - 891 179 + 87 247 H. 4.2(a) ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, NOVEMBER 30, 1949 D i s t r i c t Re s e r v e F e d e r a 1 Total all districts A S S E T S Loans and investments - total Loans - net# Commercial, 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 Boston New York Phila- Clevedelphia land 3,006 1,033 6l8 21,754 8,391 5,154 2,719 918 473 920 703 22 7 824 574 1 21 9 17 173 453 4,297 214 4,392 13 19 140 14 220 50 205 467 125 1,107 2 9 109 9 307 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 37,257 2,343 7,255 1,195 26,464 4,977 1,819 99 363 43 1,314 154 11,958 692 2,157 321 Reserve with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net 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 Other liabilities CAPITAL ACCOUNTS 12,011 796 2,121 1,272 472 53 94 80 4,710 47,644 15,198 2,239 2,466 472 100 266 25 1 49 16,772 2,450 801 2,702 1,109 259 8,826 1,328 396 1,175 6,238 326 1,405 183 115 503 670 2,502 Atlanta Chicago (in millions of dollars) 4,661 2,668 9,444 2,413 1,441 867 871 2,567 1,618 388 790 529 66,844 24,610 13,775 8,788 Richmond - - - - St. Louis San* Minne- Kansas Dallas Francisco apolis City 2,484 927 597 2,258 1,000 569 1,252 435 223 57 36 3 5 2 5 6 16 19 55 361 18 437 9 10 188 7 218 3 5 69 5 134 5 11 135 1 9 38 90 178 206 10 27 2,171 1 840 1,085 32 231 39 783 173 705 32 170 22 481 112 1,324 1,227 117 347 43 720 132 - - 7 7 30 33 293 29 261 11 18 202 1 249 12 4 235 1,462 136 192 31 1,103 339 2,844 117 397 101 2,229 376 1,647 120 238 45 1,244 154 1,332 68 334 56 874 210 6,134 558 44l 46 104 699 81 138 71 438 65 169 56 1,801 101 320 374 30 116 27 206 13 82 17 433 30 158 51 389 39 2,103 422 141 3,195 1,358 155 417 7 5 4l 472 2,043 587 95 383 4 19 19 230 1,741 539 51 489 11 7 31 197 6,439 2,581 421 1,416 43 60 79 734 1,436 481 50 851 250 43 296 2 9 17 102 1,763 382 73 782 1 15 14 206 60 338 '15 5 31 315 23 72 1,256 230 4,090 743 107 619 5 14 18 182 126 308 62 828 233 261 28 2,5?8 1,149 810 - - — — 11,677 5,011 2,006 4 5,720 246 1,262 202 4,010 946 461 34 301 54 1,587 121 263 218 1,989 446 47 641 10 6,846 5,230 18 188 765 207 262 477 96 2 Debits to demand deposit accounts, except 604 2,316 318 603 781 2,513 interbank and U. S. Govt, accounts 639 762 18,452 562 7,742 657 955 If Individual loan items are reported gross, i.e., before deduction of valuation reserves. ^Preliminary (San Francieco District) because of holiday.
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