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> BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.2 (For Immediate Release) September 20, 1950 CONDITION OF WEEKLY REPORTING MEMBER BARKS IN LEADING CITIES The condition statement of weekly reporting member banks in leading cities shows the following principal changes for the week ended September 13: Increases of $398,000,000 in commercial, industrial, and agricultural loans, $142,000,000 in hold ings of United States Government securities, $688,000,000 in demand deposits adjuster and $309,000,000 in demand deposits credited to domestic banks, and a decrease of r $190,000,000 in borrowings. The increase in commercial, industrial, and agricultural loans is the largest weekly increase on record; the principal increases were $165,000,000 in New York City, $64,000,000 in the San Francisco District, and $40,000,000 in the Chicago District, and smaller increases occurred in all other districts. Real estate loans increased $36,000,000. Holdings of United States Government bonds decreased $500,000,000 and holdings of Treasury bills increased $588,000,000. Holdings of Treasury certificates of indebtedness and of Treasury notes increased $30,000,000 and $24,000,000, respective] Demand deposits adjusted increased in all districts; the principal increases were $343,000,000 in New York City, $93,000,000 in the San Francisco District, $64,000,000 in the Chicago District outside of Chicago, and $54,000,000 in the Kansas City District. United States Government deposits increased $64,000,000, Demand de-. posits credited to domestic banks increased in nearly all districts. Borrowings decreased $108,000,000 in New York City, $60,000,000 in the Chicago District, and $20,000,000 in the Minneapolis District. A summary of the assets and liabilities of reporting member banks follows: Increase or decrease since Sept. 13, 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 U. 8. 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 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 Debits to demand deposit accounts, except interbank and U. S. Government, accounts, during week Sept. l4, Sept. 6, 1949 1950 (In millions of dollars) +2,561 + 386 68,855 +4,086 + 220 27,748 + 220 +4,173 28,140 + 398 +2,159 15,330 374 941 189 546 5,005 255 5,500 - - + 87 5 7 23 36 + 483 295 + + 26 58 803 135 3 + 7 +1,360 4- 6,267 142 + 588 + 30 + 24 500 + 24 -2,754 - 340 -5,315 +6,811 -3,910 +1,229 12,544 857 2,408 + 174 + 53 4- 246 + + + 49,269 + 688 +2,339 + 123 + 241 - 103 22 + 2 34,840 2,889 1,318 7,940 22,693 15,395 2,552 9,368 1,313 190 25,118 - - - 6 + 64 + 309 + 9 190 448 40 61 Total all districts Loans and investments - total Loans - net# Commercial, industrial, and agr'l 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 68,855 U. S. Government securities - total Treasury bills Treasury certificates of indebtedness Treasury notes U. S. bonds Other securities 34,840 F e d e r a l Boston New York Phila- Clevedelphia land Richmond 2,803 1,039 564 1,836 1,029 642 2,629 1,310 902 12,107 5,515 2,104 2 6 11 10 84 1 4 3 5 6 4 18 11 23 12 23 25 58 413 3 5 92 9 24 2,340 298 561 162 5 12 160 2 210 12 45 110 5 292 11 14 225 5 266 249 1,090 1,598 145 43 342 1,068 1,283 5,917 1,011 609 1,392 196 97 368 731 270 1,168 100 5,480 30 34 146 399 136 337 655 151 223 1,497 3,468 1,112 775 86 451 73 1,893 114 337 85 54 406 45 187 60 366 32 123 30 202 14 99 18 495 35 307 42 463 38 354 64 1,666 132 293 253 3,340 1,349 191 478 10 10 46 494 2,166 592 1,835 529 70 498 10 7 37 6,689 1,473 488 75 539 2 23 28 819 2,008 391 91 825 1 7 2,137 436 70 644 10 7,052 24 221 227 312 873 873 775 2,882 37^ 941 10 11 337 729 1 34 9 30 189 13 18 199 2 277 48 264 233 l,4l4 4 7 130 2 36 53 333 1 315 1,571 80 44 275 1,172 255 10,703 1,109 235 1,946 7,413 2,042 1,355 71 36 320 928 364 2,753 175 58 487 57 94 85 4,875 185 136 465 46 113 63 2,486 17,114 2,150 463 480 ' 2,555 828 138 107 2,862 283 379 16 1,074 34 6 102 13 814 39 69 320 2,514 333 255 5,500 2,889 1,318 7,940 22,693 6,267 12,544 Reserves with Federal Reserve Banks Cash in vault 857 2,408 Balances with domestic banks 1,422 Other assets - net L I A B I L I T I E S 49,269 Demand deposits adjusted Time deposits except Govt. 15,395 U. S. Government deposits 2,552 Interbank demand deposits: Domestic banks 9,368 Foreign banks 1,313 190 Borrowings Other liabilities 1,519 6,480 CAPITAL ACCOUNTS 678 561 366 876 629 1,891 429 160 476 236 166 205 107 446 5 8 23 239 Debits to demand deposit accounts, except 906 1,333 908 11,177 857 interbank and U. S. Govt, accounts 25,118 i.e., before deduction of valuation reserves. fIndividual loan items are reported gross, San Minne- Kansas apolis City Dallas Francisco 2,691 749 546 St. Louis 1,257 512 254 4,812 1,630 5,005 Atlanta Chicago 2,266 1,060 546 2,824 1,105 578 1,256 D i s t r i c t 9,785 2,943 22,106 9,361 5,803 3,082 27,7^8 15,330 R e s e r v e 2,493 988 89 5 70 87 444 682 222 - - 565 349 1,327 3,676 925 107 205 2,598 509 1,547 48 4 82 759 850 3,357 56 36 309 610 195 - - 246 65 189 323 3 9 19 106 695 505 26 - - 76 — — 292 5,268 301 544 100 1
@FedFRASER