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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) November 8, 1950 H.4.2 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 1: An increase of $249,000,000 in loans, decreases of $174,000,000 in holdings of United States Government securities and $406,000,000 in demand deposits adjusted, and an increase of $150,000,000 in borrowings. Commercial, industrial, and agricultural loans increased in nearly all districts and a total of $201,000,000 at all reporting member banks; the principal increases were $95,000,000 in New York City, $20,000,000 each in the Chicago and St. Louis Districts, and $17,000,000 in the Atlanta District. Other loans increased $30,000,000. Holdings of Treasury bills decreased $34,000,000 in the San Francisco District and increased $27,000,000 in the New York District outside of New York City; there was a net decrease of $70,000,000 at all reporting member banks. Holdings of Treasury certificates of indebtedness increased $20,000,000. Holdings of United States Government bonds decreased $99,000,000 in New York City and a total of $112,000,000 at all reporting member banks. Holdings of "other securities" decreased $57,000,000. Demand deposits adjusted decreased $267,000,000 in New York City, $61,000,000 in the Cleveland District, $51,000,000 in the Philadelphia District, and $43,000,000 in the Dallas District. United States Government deposits inereased $93,000,000, and demand deposits credited to domestic banks increased $57,000,000. Borrowings increased $83,000,000 in New York City, $36,000,000 in Chicago, and a total of $150,000,000 at all reporting member banks. A summary of the assets and liabilities of reporting member banks follows: Increase or decrease since T Nov. 2, Oct. 25, 1949 1950 (In millions of dollars) A S S E T S +2,582 + 18 69,248 Loans and investments - total +5,062 + 249 Loans - net 29,387 +5,146 + 251 Loans - gross 29,783 +2,829 + 201 16,523 Commercial, industrial, and agricultural loans Loans to brokers and dealers for purchasing or carrying: - 514 122 U. S. Government obligations 339 + 252 + 1,016 70 Other securities Other loans for purchasing or carrying: + 5 4 182 U. S. Government obligations + 126 + 546 3 Other securities + 880 + 5,126 7 Real estate loans + 101 + 66 312 Loans to banks +1,467 + 30 Other loans 5,739 -3,833 174 U. S. Government securities - total 33,555 - 137 70 2,481 Treasury bills -6,213 + 20 1,060 Treasury certificates of indebtedness +6,610 12 7,760 Treasury notes -4,093 112 22,254 U. S. bonds +1,353 6,306 57 Other securities + 65 + 18 12,397 Reserves with Federal Reserve Banks + 57 51 Cash in vault 793 + 86 83 2,232 Balances with domestic banks L I A B I L I T I E S +2,637 406 49,485 Demand deposits adjusted + 137 6 15,397 Time deposits except Govt. - 528 + 93 1,929 U. S. Government deposits + 217 + 57 9,376 Interbank demand deposits: Domestic banks + 53 + 12 1,427 Foreign banks 303 + 150 344 Borrowings - - Debits to demand deposit accounts, except interbank and U. S. Government accounts, during week 27,112 ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BANKS IN LEADING CITIES, NOVEMBER 1, 1950 D i s t r i c t R e s e r v e F e d e r a 1 Total all St. San Minne- Kansas Phila- Cleve- RichNew Atlanta Chicago Louis apolis City Dallas Francisco districts Boston York delphia land mond (In millions of do]Liars) ASSETS 4,850 2,783 1,253 2,716 2,666 12,198 2,513 69,248 2,333 3,182 22,092 2,867 Loans and investments - total 9,795 1,081 3,134 1,199 536 1,109 1,405 1,693 1,089 5,772 9,856 1,155 1,358 29,387 Loans - net# 708 600 1,941 267 2,256 652 812 679 Commercial, industrial, and agr'l loans 6,225 . 893 513 977 16,523 Loans to "brokers and dealers for purchasing or carrying: - - - 10 1 2 1 17 U. S. Government obligations 296 5 339 7 6 6 6 18 2 800 12 87 1,016 12 30 32 Other securities 5 Other loans for purchasing or carrying: 8 4 11 10 11 22 13 4 182 5 12 U. S. Government obligations 45 37 44 62 14 28 24 13 27 54 249 Other securities 546 5 19 7 164 114 241 2,384 232 433 344 136 694 91 97 196 Real estate loans 5,126 — 8 6 2 1 2 31 3 36 15 Loans to banks 312 199 9 168 264 l,l4l 218 586 265 300 288 1,494 299 Other loans 339 377 5,739 1,210 5,248 5,748 576 1,327 1,107 2,701 1,523 952 D. S. Government securities - total 1,573 10,224 1,366 33,555 26 48 207 62 422 132 105 163 99 2,481 131 92 994 Treasury bills 184 26 26 42 22 1,060 317 203 57 57 52 Treasury certificates of indebtedness 35 39 146 1,541 640 444 256 319 1,351 334 375 287 1,770 297 7,760 Treasury notes 688 662 622 632 1,846 1,062 3,658 378 3,391 1,116 942 22,254 U. S. bonds 7,257 280 141 182 1,178 154 222 171 2,012 346 456 . 913 6,306 251 Other securities 1,868 210 410 381 501 1,659 493 760 445 4,702 Reserves with Federal Reserve Banks 489 479 12,397 104 28 123 66 30 36 81 13 38 43 174 Cash in vault 57 793 260 122 188 269 89 307 112 158 159 333 98 Balances with domestic banks 2,232 137 66 44 18 108 245 29 58 54 76 1,409 563 89 Other assets - net 59 L I A B I L I T I E S 841 1,989 2,099 1,456 7,152 1,843 6,794 2,626 17,001 2,169 Demand deposits adjusted 3,389 2,126 49,485 488 244 437 391 5,293 480 458 1,350 2,599 529 Time deposits except Govt. 595 2,533 15,397 64 210 83 82 380 49 51 138 611 81 129 51 U. S. Government deposits 1,929 484 812 312 707 426 1,476 637 469 286 513 Interbank demand deposits: Domestic banks 2,859 395 9,376 11 121 1 2 8 6 12 47 3 1,167 17 Foreign banks 1,427 32 8 6 20 26 15 14 22 10 25 55 138 344 Borrowings 5 20 88 28 30 27 48 26 333 841 64 47 Other liabilities 37 1,589 886 106 230 208 192 241 225 498 769 2,518 323 6,532 336 CAPITAL ACCOUNTS H.4.2(a) Debits to demand deposit accounts, except 1,628 1,126 11,778 931 27,112 interbank and U. S. Govt, accounts 999 ^Individual loan items are reported gross, i.e., before deduction of valuation reserves. " 792 3,891 857 478 902 850 2,880
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