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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) October 25, 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 October 18: Increases of $222,000,000 in holdings of United States Government securities, $322,000,000 in reserve balances with Federal Reserve Banks, $500,000,000 in demand deposits adjusted, and $456,000,000 in demand deposits credited to domestic banks, and decreases of $167,000,000 in United States Government deposits and $112,000,000 in borrowings. Commercial, industrial, and agricultural loans increased $19,000,000 in the St. Louis District, $14,000,000 in the Atlanta District, and $12,000,000 each in the Dallas and San Francisco districts, and decreased $56,000,000 in the New York District; the net increase at all reporting member banks was $5,000,000. Holdings of Treasury bills increased $278,000,000 at all reporting member banks; the principal increases were $162,000,000 in New York City, $56,000,000 in the San Francisco District, and $38,000,000 in the Kansas City District. Holdings of Treasury notes decreased $31,000,000. Holdings of United States Government bonds decreased $31,000,000 in the Boston District and the same amount at all reporting member banks. Demand deposits adjusted increased. $3I9>000,000 in New York City, $100,000,000 in the San Francisco District, and $68,000,000 in the Cleveland District, and decreased $33,000,000 in the Atlanta District. United States Government deposits decreased in all districts. Demand deposits credited to domestic banks increased in nearly all districts. Borrowings decreased $109,000,000 in New York City and $51,000,000 in Chicago. A summary of the assets and liabilities of reporting member banks follows: Increase or Oct. decrease since 18, Oct. 1 9 , ASSETS 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 °P 1949 vn 1950 s H.4.2 (In millions of dollars) +2,402 + 178 +5,031 55 +5,114 53 +2,500 + 5 68,841 28,822 29,216 16,147 368 958 185 552 5,102 222 5,682 - - - 19 13 + 153 294 + 104 + 858 3 5 16 69 + 25 + 222 + 278 + 40 +1,471 6 31 31 11 -6,370 +6,611 -3,906 +1,416 - - - + + - U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 33,580 2,437 1,029 7,751 22,363 6,439 + Reserves with Federal Reserve Banks C%sh in vault Balances with domestic banks L I A B I L I T I E S Lemsrul deposits adjusted Time deposits except Govt. U- S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings 12,755 839 2,461 + 322 21 + 214 + 49,339 15,425 1,975 9,911 1,392 + 500 + 3 +2,601 Debits to demrmd deposit accounts, except interbank and U. S. Goveir:n menh onconrihn, dnrin@ 'week 170 24,829 + - -4,045 - 380 479 + 59 + 142 167 + 456 + + 136 816 522 14 112 + + 30 49 - + - ASSETS AMD LIABILITIES OP WEEKLY REPORTING MEMBER BASKS IN LEADING CITIES, OCTOBER 18, 1950 R e s e r v e D i s t r i c F e d e r a 1 Total St. MinnePhila- Cleve- RichNew all mond Atlanta Chicago Louis apolis districts Boston York delphia land (In millions of dollars) A S S E T S 9,676 2,309 1,251 68,841 2,507 3,113 21,873 2,854 4,822 2,820 Loans and investments - total 1,670 1,090 1,055 3,034 1,156 532 1,304 9,681 1,134 28,822 Loans - net# 1,883 267 627 633 891 511 800 6,091 594 16,147 Commercial, industrial, and agr'l loans Loans to brokers and dealers for purchasing or carrying: - - 1 2 1 9 368 9 U. S. Government obligations 335 5 84 6 11 2 11 29 5 35 747 958 Other securities Other loans for purchasing or carrying: 4 12 11 4 11 23 42 13 185 37 U. S. Government obligations 24 28 15 254 59 5 19 7 55 552 Other securities 96 429 231 90 342 701 237 194 133 5,102 Real estate loans - 4 4 2 2 222 3 1 197 5 Loans to banks 268 165 301 302 328 589 285 1,459 5,682 375 Other loans 968 1,229 5,721 2,696 1,560 579 1,558 10,061 1,368 33,580 U. S. Government securities - total 80 100 65 25 392 133 155 119 798 2,437 Treasury bills 24 29 47 313 27 52 1,029 159 35 Treasury certificates of indebtedness 35 146 441 1,342 258 340 636 284 309 1,757 7,751 Treasury notes 618 661 3,674 1,853 1,063 1,120 7,347 924 379 22,363 U. S. bonds 140 185 921 223 170 456 2,131 251 352 6,439 Other securities H.4.2(a) 462 70 182 52 391 42 188 56 1,798 109 368 107 377 31 119 28 3,404 2,151 1,347 595 89 135 476 500 6 7 1 5 46 28 240 497 1,790 527 55 552 11 4 38 207 6,605 2,597 381 1,574 46 4 88 763 1,462 489 62 622 2 10 26 191 Debits to demand deposit accounts, except 1,443 981 926 1,005 24,829 9,617 interbank and U. S. Govt, accounts ^-Individual loan items are reported gross, i.e., before deduction of valuation reserves. 967 3,532 801 Reserves with Federal Reserve Banks 12,755 839 Cash in vault 2,461 Balances with domestic banks Other assets - net 1,395 L I A B I L I T I E S Demand deposits adjusted 49,339 15,425 Time deposits except Govt. U. S. Government deposits 1,975 Interbank demand deposits: Domestic banks 9,911 Foreign banks 1,392 170 Borrowings 1,582 Other liabilities 6,497 CAPITAL ACCOUNTS 533 61 99 90 5,038 182 145 557 490 46 124 56 2,568 17,017 2,174 461 483 2,565 114 635 92 426 3,010 307 15 32 l,l4l 88 11 9 48 70 835 321 2,504 335 785 84 177 73 t Kansas San City Dallas Francisco 2,738 2,647 12,231 1,079 1,373 5,714 680 2,226 944 - - 5 7 5 13 164 2 217 15 46 114 6 16 261 8 27 2,371 2 1,132 l,38l 1,119 109 245 62 57 319 379 634 695 278 155 5,340 216 189 1,540 3,395 1,177 495 38 351 64 1,707 129 294 254 816 2,002 2,122 244 438 391 87 52 55 864 711 319 10 1 3 17 15 3 27 19 25 229 107 225 7,228 5,288 218 550 118 3 332 878 898 3,160 202 14 93 17 477 33 321 41 482 1,017 - -
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