The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) July 5, 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 June 28: An increase of $316,000,000 in loans, decreases of $270,000,000 in holdings of United States Government securities, $178,000,000 in reserve balances with Federal Reserve Banks, and $317,000,000 in demand deposits credited to domestic banks, and an increase of $120,000,000 in United States Government deposits. Commercial, industrial, and agricultural loans increased $26,000,000 in New York City, $12,000,000 in the Boston District, $9,000,000 in the Kansas City District, and a total of $63,000,000 at all reporting member banks. All of the other loan categories showed increases. Holdings of Treasury bills increased $163,000,000 in New York City and $61,000,000 in the Chicago District, and decreased $25,000,000 in the Cleveland District; there was a net increase of $145,000,000 at all reporting member banks. Holdings of Treasury certificates of indebtedness decreased $164,000,000 in New York City and a total of $304,000,000 at all reporting member banks. Holdings of Treasury notes decreased $136,000,000, of which $73,000,000 was in New York City. Demand deposits adjusted decreased $96,000,000 at all reporting member banks; the principal changes were a decrease of $146,000,000 in New York City and increases of $80,000,000 in the Chicago District outside of Chicago and $57,000,000 in Chicago. United States Government deposits increased in all districts. Demand deposits credited to domestic banks decreased in all districts. Borrowings increased $160,000,000 in New York City, A summary of the assets and liabilities of reporting member banks follows: June 28, 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 (In 67,980 25,577 25,963 13,595 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 36,665 2,668 2,916 6,648 24,433 5,738 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. tJ. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings 11,843 Debits to demand deposit accounts, except interbank and U. S. Government accounts, during week •Preliminary figures (San Francisco District). **June 21 figures revised (San Francisco District). 368 1,349 144 508 4,682 405 4,912 818 2,198 47,944 15,619 2,480 8,618 1,283 309 24,034 Increase or decrease since June 29, June 21, 1950 19&9 millions of clollars) + 75** +5,371 + 316 +1,695 +1,780 + 317 + 63 + 425 + + 38 32 + 657 4l8 7 3 + 18 + 121 + 35 + 97 90 + > 270** + 145** - 304** - - + + 136** 25** 29 + 561 + + 113 927 +2,487 + 836 -2,368 +5,698 -1,679 +1,189 178 26 146 -1,388 + 26 + 109 96 + 28 + 120 317 2 + 96 +1,851 + 219 +1,011 + 571 56 + 59 - + - ASSETS AMD LIABILITIES O F W E K L Y RH"ORTING MEMBER BANKS H LEADING CITIES, JUNE 28, 1950 R e s e r v e D i s t r i c t F e d e r a l Total* St. Minne- Kansas New Phila- Cleve- Richall San Atlanta Chicago Louis apolis City Dallas Francisco* mond York delphia land districts Boston (In millions of dollars) A S S E T S 67,980 2,421 2,204 4,711 2,695 3,065 22,122 2,843 9,630 1,237 2,610 2,523 11,919 Loans and investments - total 1,011 1,130 926 1,509 8,751 956 2,659 474 936 25,577 Loans - net# 953 1,201 5,071 684 424 5,028 809 1,609 470 522 517 Commercial, industrial, and agr'l loans 13,595 225 827 589 1,891 Loans to brokers and dealers for purchasing or carrying: 8 - 1 1 341 368 2 U. S. Government obligations 5 7 3 10 6 1,094 1,349 19 96 13 39 33 Other securities 24 3 5 7 Other loans for purchasing or carrying: 1# 26 12 12 22 19 4 U. S. Government obligations 15 10 3 9 3 9 8 18 20 508 230 14 12 23 42 Other securities 24 55 57 5 116 4,682 82 386 170 230 207 101 585 315 Real estate loans 150 85 2,255 — — 1 405 2 22 1 Loans to banks 355 9 3 2 3 7 268 1,236 4,912 290 243 502 278 Other loans 335 237 159 227 199 938 H.4.2(a) 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 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 36,665 1,464 92 147 232 993 368 1,708 62 92 254 1,300 227 11,635 1,013 526 11,843 818 2,198 1,183 463 55 4,532 182 122 444 457 45 47,944 15,619 2,480 8,618 1,283 309 1,347 6,422 2,432 16,801 2,578 766 2,794 1,062 2,160 457 151 2,668 2,916 6,648 24,433 5,738 89 77 476 123 276 33 18 62 329 1,865 8,231 1,736 181 724 2,496 107 58 362 12 14 37 317 2,806 153 6,092 607 580 1,162 3,743 879 1,079 66 103 233 677 629 20 52 131 426 134 1,403 186 173 268 776 254 1,184 115 154 255 138 5,799 214 644 1,180 3,761 1,049 361 193 14 93 15 471 34 270 26 464 38 341 58 1,573 120 280 215 833 252 1,925 394 87 767 1 7 15 215 2,051 452 6,730 5,357 296 156 1,583 84 114 491 2,006 396 1,103 156 1,283 56 175 295 757 212 742 80 147 75 433 68 159 53 389 42 165 53 1,765 109 313 83 3,195 1,372 2,099 1,785 541 67 436 9 1 29 6,494 2,648 501 1,368 48 13 74 754 183 438 8 25 43 491 282 600 108 332 4 7 23 235 202 189 31 112 26 1,439 492 71 523 2 21 186 61 270 3 11 18 104 660 66 602 8 — — 21 224 450 93 32 280 869 Debits to demand deposit accounts, except 2,806 24,034 1,338 interbank and U. S. Govt, accounts 821 907 10,961 892 698 3,127 361 594 744 785 #Individual loan items are reported gross, i.e., before deduction of valuation reserves. ^Preliminary figures (San Francisco District).
@FedFRASER