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 Novmeber 29, 1950 (For Immediate Release) 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 November 22: An increase of $247,000,000 in loans; decreases of $260,000,000 in reserve balances with Federal Reserve Banks, $394,000,000 in balances with domestic banks, $230,000,000 in United States Government deposits, and $968,000,000 in demand deposits credited to domestic banks; and increases of $589,000,000 in demand deposits adjusted and $245,000,000 in borrowings. Commercial, industrial, and agricultural loans increased $30,000,000 in New York City, $10,000,000 in the St. Louis District, and $9,000,000 in the Dallas District, and they decreased $9,000,000 in the Cleveland District; the net increase at all reporting member banks was $70,000,000. Real estate loans increased $24,000,000. Holdings of Treasury certificates of indebtedness increased $19,000,000. Holdings of United States Government bonds decreased $47,000,000. Holdings of "other securities" increased $49,000,000. Demand deposits adjusted increased $339,000,000 in New York City, $131,000,000 in the Chicago District, and $59,000,000 in the Cleveland District. Time deposits decreased $57,000,000. United States Government deposits and demand deposits credited to domestic banks decreased in all districts. Borrowings increased $194,000,000 in New York City. A summary of the assets and liabilities of reporting member banks follows: H.4.2 Increase or decrease since Nov. 23 Nov. 15, 1949 1950 (In millions of dollars) + 256 +2,947 69,670 + 247 +5,706 30,035 + 245 +5,787 30,429 + 70** +3,217 16,989 Nov. 22, 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 467 992 + + 79 10 + 186 559 5,191 243 5,802 + + + + + s 4 24 43 12** + 12 + 137 + 896 + 21 +1,447 40 14** 19** 2 47 49 -4,121 - 202 -6,229 +6,561 -4,251 +1,362 Jtf«. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 33,309 2,2(36 1,104 7,745 22,194 6,326 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 12,350 826 2,212 Debits to demand deposit accounts, except interbank and U. S. Government accounts, during week •Preliminary figures.(Cleveland District) **November 15 figures revised. 49,846 15,383 1,938 9,390 1,358 397 26,812 • + + - 4- - 260 9 394 + 589 57 230 968 2 + 245 - • + + + 205 262 430 50 91 +2,572 + 163 - 617 + 552 + 49 + 219 ASSETS AND LIABILITIES OF WEEKLY REPORTING MEMBER B A M S IN LEADING CITIES, NOVEMBER 22, F e d e r a l R e s e r v e D i s t r i Total all St. RichPhila- CleveNew AtlantaIChicago districts Boston Louis York delphia land* mond (In millions of dollars) A S S E T S 2,385 9,876 2,548 4,882 2,779 69,670 3,137 22,207 2,895 Loans and investments - total 3,204 1,252 1,108 1,109 1,164 1,721 1,354 10,121 30,035 Loans - net# 667 723 526 1,995 916 609 6,365 831 Commercial, industrial, and agr'l loans 16,989 Loans to brokers and dealers for purchasing or carrying: — — 1 16 2 1 13 414 13 467 U. S. Government obligations 14 5 79 27 5 786 11 33 992 Other securities Other loans for purchasing or carrying: 12 24 10 12 4 36 42 186 13 U. S. Government obligations 61 13 24 62 29 20 256 7 Other securities 559 235 438: 91 243 l4l 351 720 199 5,191 Real estate loans 10 26 10 2 5 144 7 243 Loans to banks 5 265 609 310 303 329 1,540 286 379 5,802 Other loans 1,216 952 5,747 2 , 7 0 2 1,499 10,080 1,379 U. S. Government securities - total 1,553 400 53 72 96 159 825 113 97 Treasury bills 27 346 29 39 251 55 36 35 1,104 Treasury certificates of indebtedness 256 444 1,351 328 645 284 295 1,771 7,745 Treasury notes 616 661 3,650 1,843 1,046 1,120 952 7,233 22,194 U. S. bonds 181 223 925 172 2,006 459 352 230 6,326 Other securities 424 466 394 1,774 460 780 4,686 478 Reserves with Federal Reserve Banks 12,350 42 32 80 105 67 45 192 826 Cash in vault 55 112 160 316 165 162 110 119 105 2,212 Balances with domestic banks 78 112 29 1,401 551 57 91 56 Other assets - net 56 L I A B I L I T I E S 1,490 6,817 1,822 3,440 2,119 2,561 17,158 2,236 49,846 Demand deposits adjusted 483 2,611 528 442 1,363 587 2,567 479 15,383 Time deposits except Govt. 61 386 140 89 58 113 589 91 1,938 U. S. Government deposits 669 1,417 443 474 556 282 393 Domestic banks 2,737 9,390 Interbank demand deposits: 10 8 49 14 5 1,109 5 34 Foreign banks 1,358 24 42 6 17 17 18 223 9 Borrowings 397 26 27 92 36 860 l,6l4 53 65 37 Other liabilities 208 193 242 769 498 2,512 323 336 6,533 CAPITAL ACCOUNTS H.4.2(a) 3 !;§I 1950 c t San Minne-IKansas Dallas Francisco apolisl City ,272 557 274 2,73a 2,708 12,251 5,861 1,137 1,447 1,016 2,330 737 - - - - 7 " 2 7 7 16 4 5 100 13 166 5 12 164 2 217 16 42 116 8 28 263 573 20 27 146 380 142 1,315 206 53 370 686 278 1,105 100 52 322 631 156 200 13 93 18 496 34 270 44 505 37 334 66 1,687 124 832 242 46 334 3 12 20 107 1,988 388 80 843 2 17 30 226 2,153 424 56 749 9 7,230 5,269 229 493 110 12 340 — - - - 28 231 Debits to demand deposit accounts, except 942 3,721 837 539 1,107 993 1,128 10,679 1,042 1,573 990 interbank and U. S. Govt, accounts 26,812 # Individual loan items are reported gross, i.e., before deduction of valuation reserves. * Preliminary figures. (Cleveland District) I 2,393 19 1,135 5,188 125 154 1,533 3,376 1,202 2 66 243 888 3,261
@FedFRASER