View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

BOARD OP GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.4.2

(For Immediate Release)
September 27# 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 20: An increase
of $534,000,000 in loans; decreases of $645,000,000 in reserve balances with Federal
Reserve Banks, $206,000,000 in demand deposits adjusted, and $187,000,000 in United
States Government deposits; and an increase of $220,000,000 in borrowings.
Commercial, industrial, and agricultural loans increased in all districts
totaling $187,000,000; the principal increases were $87,000,000 in New York City,
$21,000,000 in the San Francisco District, and $20,000,000 in the St. Louis District,
Loans to brokers and dealers for purchasing or carrying securities other than United
States Government increased $101,000,000 in New York City. "Other loans" increased

$50,000,000.

Holdings of Treasury bills increased $105,000,000 in New York City, $50,000,000
in the Boston District, and a total of $223,000,000 at all reporting member banks.
Holdings of United States Government bonds decreased $187,000,000; the principal
decreases were $39,000,000 in the Cleveland District and $32,000,000 each in Chicago
and in the Kansas City District. Holdings of Treasury certificates of indebtedness
increased $40,000,000. Holdings of "other securities" increased $99*000,000.
Demand deposits adjusted decreased $75#000,000 in the Chicago District outside
of Chicago and $62,000,000 each in New York City and Chicago, and increased
$68,000,000 in the San Francisco District. United States Government deposits decreased in all districts.
Borrowings increased $118,000,000 in New York City, $73,000,000 in the Chicago
District, and $23,000,000 in the Minneapolis District.
A summary of the assets and liabilities of reporting member banks follows:
Increase or
Sept.
decrease since
20,
Sept. 21,
Sept. 13,
1950
1949
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

(In millions of dollars)
+3,104
+ 712
69,567
+ 534
28,282
+4,755
+ 533
+4,837
28,673
+2,228
+
187
15,517

U. S. Government securities - total
Treasury bills
Treasury certificates of indebtedness
Treasury notes
U. S. bonds
Other securities

34,919
3,112
1,358
7,943
22,506

+

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

11,899

-

Debits to demand deposit accounts, except interbank
and U. S. Government accounts, during week



342
1,042

32
+ 101

+

374
382

181
530
5,027
484
5,550

8
16
+ 22
+ 229
+ 50

+

15
86

6,366

825

2,278

-

79
+ 223
+ 40
+
3
187
+ 99
-

645
32
130

•»
206
49,063
+
3
15,398 '
187
2,365
49
•9,319
1,280
33
+ 220
410

+

816

+ 297
+1,417
-2,955
- 288
-5,869
+6,820

-3,618

+1,304
+
+
+

272
49
123

+2,627
+ 120
- 264
+ 254
9
+ 270

30,086 (Revised figure previous
week 25,132)

ASSETS AiW LBU31L1XJJ5S OF HBEKLY BEPOBTING MEMBER BANKS IB LEADING CITIES, SEFZEMBEh 20, 1950
D i s t r i c t
R e s e r v e
F e d e r a 1
Total
St.
CleveMinne- Kansas
San
RichNew
Philaall
Atlanta Chicago Louis apolis City Dallas Francisco
mond
York delphia land
districts Boston
(In millions of do]Liars)
A S S E T S
2,264
9,884
2,476
1,251 2,694 2,611 12,195
4,833 2,787
Loans and investments - total
3,125 22,591 2,856
69,567
1,000
1,642
1,087
518 1,040 1,320
1,051
28,282
9,688 1,123
5,564
1,272
2,977
Loans - net$
484
881
566
649
2,125
1,839
909
259
5,890
574
583
Commercial, industrial, and agr'l loans
758
15,517
Loans to brokers and dealers for
purchasing or carrying:
—
8
- 2
10
1
2
U. S. Government obligations
342
305
5
9
6
6
4
11
2
1,042
11
832
17
32
Other securities
5
79
37
Other loans for purchasing or carrying:
12
11
12
24
4
41
11
36
181
3
U. S. Government obligations
5
13
9
12
18
244
15
45
54
23
25
25
5
Other securities
57
530
7
l6l
416
110
236
89
225
2,347
201
683
132
334
Real estate loans
93
5,027
-4
6
1
1
11
412
484
29
Loans to banks
5
5
5
5
211
163
1,105
300"
250
265
1,426
318
294
569
370
Other loans
279
5,550

H.4.2(a)

• -

589

U. S. Government securities - total
Treasury bills
Treasury certificates of indebtedness
Treasury notes
U. S. bonds
Other securities

34,919
3,112
1,358
7,943
22,506

10,794
1,228
260
1,901
7,405
2,109

1,371
83
35
325
928

2,735
191
52
640
1,852

456

1,568
138
34
342
1,054
168

1,253
59
80
443
671
223

5,994
595
413
1,344
3,642
913

983
42
37
295

6,366

1,600
130
38
279
1,153
253

Reserves with Federal Reserve Banks
Cash in vault
Balances with domestic banks
Other assets - net
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
Other liabilities
CAPITAL ACCOUNTS

11,899
825
2,278
1,291

463
57
99
80

4,482
178
133
499

463
45
118
56

745
82
165
72

451
70
161
50

403
4l
170
57

1,735
112

207

88

355
31
118
27

49,063
15,398
2,365
9,319
1,280
410
1,541
6,484

2,505

17,056
2,556
738
2,921
l,04l
234
828
2,509

2,182
463
123
396

3,345
1,349
179
474
7
3
45
495

2,123
592
105
425
6

1,813
528
66
477
10
10
38
205

6,552
2,597
499
1,523
48
77
82
759

l,46l
485
70
549
2
8
30
190

809
246
58
307
4
32
19
106

938

4,138

852

589

485
100

289

32
6
72
335

362

16
— —

38
320

6

21
241

Debits to demand deposit accounts, except
1,640 1,062
1,141 13,176 1,054
30,086
interbank and U. S. Govt, accounts
 loan items are reported gross, i.e., before deduction of valuation reserves.
#Individual


318

609

194

*

22
36
147
384
144
13
93
17

1,381
212

98
372
699
273
473
32
310

1,138
98
64
338

638

153

5,513
314
211
1,517
3,471
1,118

482
37
320

39

62

1,640
127
273
244

2,001
391
86

2,096

7,120
5,267
274

1
12
25
223

439
67
64o
10
7
25
228

1,131

995

809

509

103
15
318
873
3,370