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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) September 13, 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 September 6: Increases of $193,000,000 in commercial, industrial, and agricultural loans and $244,000,000 in reserve balances with Federal Reserve Banks; decreases of $384,000,000 in holdings of United States Government securities and $414,000,000 in demand deposits adjusted; and an increase of $435,000,000 in demand deposits credited to domestic banks. Commercial, industrial, and agricultural loans increased $118,000,000 in New York City, $22,000,000 in the San Francisco District, $12,000,000 each in Chicago and in the Dallas District, and by smaller amounts in most of the other districts. "Other loans" increased $64,000,000. Holdings of United States Government bonds decreased in nearly all districts and a total of $346,000,000; the principal decreases were $234,000,000 in New York City, $51,000,000 in Chicago, and $35,000,000 in the San Francisco District. Holdings of Treasury bills increased $35,000,000 in the Richmond District and decreased $69,000,000 in the Chicago District; at all reporting member banks there was a net increase of $4,000,000. Holdings of Treasury certificates of indebtedness decreased $71,000,000, and holdings of Treasury notes increased $29,000,000. Demand deposits adjusted decreased $187,000,000 in New York City, $119,000,000 in the Chicago District, $49,000,000 in the Cleveland District, and $33,000,000 in the Kansas City District, and they increased $31,000,000 in the Richmond District. Borrowings increased $60,000,000 in New York City and $38,000,000 in the Chicago District, and decreased $23,000,000 in the Philadelphia District; the net increase at all reporting member banks was $84,000,000. A summary of the assets and liabilities of reporting member banks follows: Increase or Sept. decrease since 6, Sept. 7, Aug. 30, 1950 1949 1950 (In millions of dollars) ASSETS +2,780 - 114* 68,469 Loans and investments - total +4,185 + 262 Loans - net 27,528 +4,271 + 263 Loans - gross 27,920 Commercial, industrial, and agricultural loans +1,925 14,932 + 193 Loans to brokers and dealers for purchasing or carrying: - 44 461 U. S. Government obligations - 398 + 24 Other securities + 275 946 Other loans for purchasing or carrying: - 22 U. S. Government obligations 196 3 + 81 - 21 Other securities 523 + 18 Real estate loans + 783 4,969 + 243 Loans to banks + 32 390 + 64 +1,384 Other loans 5,503 34,698 2,301 1,288 7,916 23,193 6,243 + + + Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks LIABILITIES Demand deposits adjusted Time deposits except Govt. U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings 12,370 804 2,162 + 244 - 26 - 22 + 547 + 33 - 68 48,581 15,401 2,488 9,059 1,304 380 + + + +2,171 + 121 + 4l4 - 209 61 + 305 Debits to demand deposit accounts, except interbank 21,668 and U. S. Government accounts, during week *August 30 figures revised (San Francisco District). 384* 4* 71* 29 346* 8 -2,680 - 916 -5,188 +6,783 -3,359 +1,275 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 4l4* 24 33 435 28 84 ASSETS AMD LIABILITIES OF WEEKLY REPORTING MEMBER BASKS IN LEADING CITIES, SEPTEMBER 6, 19>0 Federal Reserve District Total St. MinneNew Phila- Cleve- Richall Chicago Atlanta Boston Louis apolis York delphia land mond districts (In millions of dollars) ASSETS 3,086 21,862 2,815 4,825 2,774 2,484 9,775 2,258 1,244 Loans and investments - total 68,469 494 981 2,924 1,048 1,272 9,292 1,097 1,632 1,019 Loans - net•# 27 , 528 237 1,796 533 736 5,629 562 866 462 555 Commercial, industrial, and agr'l loans 14,932 Loans to 'brokers and dealers for H.4.2(a) 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 Reserves with Federal Reserve Banks Cash in vault Balances with domestic banks Other assets - net LIABILITIES Demand deposits adjusted Time deposits except Govt. U. S. Government deposits Interbank demand deposits: Domestic banks Foreign banks Borrowings Other liabilities CAPITAL ACCOUNTS 461 946 12 10 413 731 1 35 11 29 2 5 11 15 89 2 4 — Kansas San City- Dallas Francisco 2,677 2,608 12,061 1,015 1,291 5,463 884 2,040 632 __ 2 5 7 3 5 92 5 12 158 2 208 12 45 108 5 18 196 523 4,969 390 5,503 34,698 2,301 1,288 7,916 23,193 6,243 12,370 804 2,162 1,392 4 14 53 18 243 7 664 130 199 14 279 35 361 1,425 271 1,565 10,524 1,354 685 67 * 70 40 36 190 320 277 1,933 1,178 7,716 931 364 249 2,046 460 450 4,753 44 178 59 111 . 98 101 60 83 547 11 37 21 53 331 235 5 9 290 319 2,768 1,590 120 133 65 39 341 627 1,943 1,090 165 425 445 744 70 76 172 150 85 55 13 23 88 5 300 1,284 58 91 434 701 219 4o6 40 174 59 24 58 409 11 566 5,926 553 352 1,322 3,699 925 1,937 108 316 110 11 13 222 16 259 1,014 54 38 307 615 196 35% 30 124 28 162 249 616 1,395 1,169 168 103 26 94 79 34 144 350 335 652 412 783 148 267 134 491 499 223 36 12 32 301 271 83 64 41 18 9 25 2,333 14 1,093 5,493 264 230 1,526 3,473 1,105 1,608 119 261 242 48,581 15,401 2,488 9,059 1,304 380 1,492 6,492 2,485 16,747 2,137 464 480 2,542 806 134 105 266 2,767 367 1,067 15 34 208 3 5 36 71 792 321 333 2,522 3,309 2,125 1,352 593 103 182 46l 427 6 11 26 3 20 44 239 495 1,824 530 66 488 8 5 36 206 6,660 2,598 513 1,521 48 64 80 762 1,465 488 70 532 2 20 28 189 810 1,954 2,106 440 392 247 68 86 64 625 836 301 10 4 1 29 5 24 20 25 227 221 105 6,959 5,275 291 468 98 12 316 872 Debits to demand deposit accounts, except interbank and U. S. Govt, accounts 21,668 742 1,150 735 717 9,809 ^Individual loan items are reported gross, i.e., before deduction of valuation reserves. 716 2,964 590 652 2,450 — w — — — — 413 730
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