h41_19520717.pdf

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

H.4.1 (For Immediate Release) July 17, 1952

CONDITION OF THE FEDERAL RESERVE BANKS Member Bank Reserves and Related Items

During the week ended July 16, Member bank reserves increased $9 million. The principal changes supplying reserves were an increase of $206 million in Re-serve Bank credit and a decrease of $160 million in Money in circulation. The principal offsetting changes were increases of $269 million in Treasury deposits with Federal Reserve Banks, $62 million in Foreign deposits with Federal Reserve Banks, and $20 million in Other deposits with Federal Reserve Banks.

The increase of $206 million in Reserve Bank credit resulted from in-creases of $291 million in Loans, discounts and advances and $52 million in Float, and a decrease of $137 million in U. S. Government securities. Holdings of U. S. Government securities reflected decreases of $92 million in bills and $45 million in certificates.

Member Bank Reserves and Related Items

Reserve Bank credit: U. S. Government securities Loans, discounts and advances Float Total

Gold stock Treasury currency outstanding Money in circulation Treasury cash holdings Treasury deposits with F. R. Banks Foreign deposits with F. R. Banks Other deposits with F. R. Banks Other F. R. accounts (net)

Member bank reserves Required reserves (estimated) Excess reserves (estimated) Daily average excess reserves (estimated)

July 16, July 9, July 18 1952 1952 1951 (In millions of dollars)

22,723 -137 - 358 978 +291 + 673 970 + 52 - 248

24,671 +206 + 66 23,348 + 1 +1,590 4,756 + 2 + 100

28 ,988 -160 +1,207 1,271 + 7 - 25 307 +269 - 305 700 + 62 - 167 288 + 20 - 28 797 - 2 + 31

20,422 + 9 +1,042 19 ,8#MT% - 32* +1,379

+ 41* - 337 798 - 5 0* 60

*July 9 figures revised.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

li.4.1(a) STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED

(In thousands of dollars)

A S S E T S Gold certificates Redemption fund for F. R< notes

Total loans and securities

July 16, 1952

21,452,252

Change since July 9, July 18, 1952 1951

21,999 + 1,606,849 + 36,000 Total gold certificate reserves 22,149,468 13,933 + 1,642,849

Other cash 343,073 + 26,128 + 16,231 Discounts and advances Industrial loans 973,661 4,713

+ 291,112 67

+ 674,035 783

U. S. Government securities: Bills Certificates Notes Bonds

162,500 11,856,216 5,568,073 5,135,823

92,300 45,300

- 409,972 + 8,662,424 - 7,925,175 - 686,279

Due from foreign banks F. R. notes of other banks Uncollected cash items Bank premises Other assets

TOTAL ASSETS L I A B I L I T I E S

Federal Reserve notes Deposits:

Member bankreserve accounts U. S. Treasurer--general account Foreign Other

Total deposits Deferred availability cash items Other liabilities and accrued dividends

TOTAL LIABILITIES C A P I T A L A C C O U N T S

Capital paid in Surplus (Section 70 Surplus (Section 13b) Other capital accounts

TOTAL LIABILITIES AND CAPITAL ACCOUNTS Ratio of gold certificate reserves to deposit and F. R. note liabilities combined

Contingent liability on acceptances purchased for foreign correspondents

Industrial loan commitments

23,700,986 23

185,799 4,172,632

45,594 190,898 50,788,473

24,833,640 20,422,008

307,485 700,493 288,399

21,718,305 3,203,061

13,223 49,768,309

245,814 538,342 27,543 208,465

50 ,788 ,473

47.6% 9,129 6,531

- 137,600 - 359,002 + 153,445 + 314,250

- - - - 15 + 27,729 + 27,898 + 600,567 + 351,159 + 128 + 3,656 + 7,942 + 20,568 + 802,006 + 2,376,596

- 114,693 + 1,179,529 + 9,139 + l,04l,6l8 + 269,215 - 304,332 + 62,262 - 166,713 + 20,779 - 27,827 + 361,395 + 542,746 + 548,920 + 599,402 - 60 - 1,211

180 + 13,334 + 28,320

+ 6,264 + 14,476 + 802,006 + 2,376,596

+ +

49 89

1.9# 18,406 2,741

MATURITY DISTRIBUTION OF LOANS AND SECURITIES, JULY l6, 1952 (Callable Government securities classified according to nearest call date)

Discounts and advances

Industrial loans

U. S. Government securities

Within 15 days l6 to 90 days 91 days to 1 year Over 1 year to 5 years Over 5 years to 10 years Over 10 years

Total

914,400 59,184

77

973,661

850 963

2 ,676 224

4,713

190,500 7,062,000 6,386,441 5,941,352 1,070,224 2,072,095 22,722,612 Digitized for FRASER http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis

H.4.1(b) STATEMENT OF mTOITIOT OF THE FEDERAL RESERVE BAHKS ON JULY l6, 1952 (In thousands of dollars)

A S S E T S Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Mpls. Kans.Cy. Dallas SaiiFran.

Gold certificates 21,452,252 718,144 6,984,374 1201,249 1407,075 860,022 839,814 4366,027 571,542 318,137 835,232 640,863 2709,773 Redemption fund for

697,216 E. R. notes 697,216 61,908 71,309 54,837 77,876 80,808 47,246 103,611 48,174 24,554 38,234 27,307 61,352 Total gold certificate reserves 22,149,468 780,052 7,055,683 1256,086 1484,951 940,830 887,060 4469,638 619,716 342,691 873,466 668,170 2771,125

Other cash 343,073 25,133 67,872 18,326 30,818 18,555 29,934 63,134 20,316 6,545 11,372 11,450 39,6l8 Discounts and advances 973,661 1,648 326,575 31,710 64,230 26,565 11,765 192,541 28,770 25,790 90,502 7,070 166,495 Industrial leans 4,713 - - 3,790 - - 104 721 98 U, S. Govt, securities: Bills 162,500 8,727 67,902 7,731 12,278 8,314 7,119 17,591 6,667 3,915 5,384 5,637 11,235 Certificates 11,856,216 835,676 2,797,766 740,284 1175,750 796,065 681,712 1684,414 638,368 374,913 515,603 539,867 1075,798 Notes 5,568,073 395,060 1,285,752 349,965 555,827 376,335 322,274 796,296 301,784 177,237 243,748 255,218 508,577 Bonds 5,135,823 364,392 1,185,939 322,797 512,678 347,120 297,256 734,479 278,356 163,478 224,826 235,406 469,096

Total U. S. Government securities 22,722,612 1603,855 5,337,359 1420,777 2256,533 1527,834 1308,361 3232,780 1225,175 719,543 989,561 1036,128 2064,706

Total loans and securities 23,700,986 1605,503 5,663,934 1456,277 2320,763 1554,503 1320,847 3425,321 1253,945 745,431 1080,063 1043,198 2231,201

Due from foreign banks 23 1 1/ 7 2 2 1 1 3 1 1 1 1 2 F.R.notes of other banks 165 799 5,551 30,115 8,867 7,337 38,898 18,098 19,549 9,218 9,886 9,843 6,669 21,768 Uncollected cash items 4,172,632 340,021 789,389 244,998 362,517 373,343 276,733 688,489 175,523 113,861 216,768 192,524 398,466 Bank premises 45,594 990 7,721 2,955 4,743 4,693 3,512 6 ,568 3,148 1,067 2,362 1,042 6,793 Other assets 190,898 15,209 43,548 11,681 18,760 12,971 11,498 26,786 10,030 5,871 8 ,507 8,919 17,118

TOTAL ASSETS 50,788,473 2772,460 13,658,269 2999,192 4229,891 2943,794 2547,683 8699,488 2091,897 1225,353 2202,382 1931,973 5486,091 l/ After deducting $16,000 participations of other Federal Reserve Banks.


H.4.1(c) STATEMENT OF CONDITION OP (CHE FEDERAL RESERVE BANKS ON JULY 16, 1952 (In thousands of dollars)

L I A B I L I T I E S Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Mpls. Kans.Cy. Dallas SanFran. Federal Reserve notes 24,833,640 1538,22? 5,508,698 1754,16? 2266,899 1724,518 1341,982 4730,832 1136,622 623,501 982,293 708,853 2517,048 Deposits: Member bank-reserve accts. 20,422,008 881,953 6,512,50? 922,754 1516,340 862,891 897,855 3219,770 734,980 455,854 978,0?0 998,028 2441,006 U.S. Treasurer -general acct. 307,485 553 301,432 269 566 569 7?8 501 50? 550 5 02 536 722 Foreign 700,493 43,090 U 215,366 54,210 63,940 35,445 29,885 96,605 26,410 18,070 26,410 26,410 64,652 Other 288,399 6,502 222,560 3,274 3,530 4,280 2,301 2,105 7,457 1,170 639 616 33,965 Total deposits 21,718,385 932,098 7,251,865 980,507 1584,376 903,185 930,819 3318,981 769,354 475,644 1005,621 1025,590 2540,345

Deferred avail, cash items 3,203,061 236,318 603,914 186,544 28l,?00 260,189 227,290 505,839 142,903 97,463 172,915 155,482 332,504 Other liabilities and accrued dividends 13,223 932 3,822 616 1,519 624 613 1,8?4 514 718 511 565 915 TOTAL LIABILITIES 49,768,309 2707,575 13,368,299 2921,834 4134,494 2888,516 2500,704 8557,526 2049,393 1197,326 2161,340 1890,490 5390,812

Capital paid in 245,8l4 13,186 77,078 l?,l6l 23,601 10,812 10,154 31,92? 8,62? 5,479 9,305 11,923 26,561 Surplus (Section 7) 538,342 34,192 159,743 41,493 50,648 2?,025 23,871 79,601 21,788 14,063 20,367 18,210 4?,341 Surplus (Section 13b) 2?,543 3,011 7,319 4,489 1,006 3,349 762 1,429 521 1,073 1,137 1,307 2,140 Other capital accounts 208,465 14,496 45,830 14,215 20,142 14,092 12,192 29,005 11,568 7,412 10.233 10,043 19,237 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 50,?88,4?3 2772,460 13,658,269 2999,192 4229,891 2943,794 2547,683 8699,488 2091,897 1225,353 2202,382 1931,973 5486,091

Contingent liability on acceptances purchased for foreign correspondents 9,129 566 X] 2,756 712 84o 466 393 1,269 34? 237 347 347 849 Industrial loan commitments 6,531 1,994 915 6l 2,366 - 800 395

FEDERAL RESERVE AGENTS' ACCOUNTS

P. R. notes outstanding 25 ,940 ,894 1588,880 5,818,710 1816,622 2343,702 1822,6o4 1412,237 4845,812 1182,035 643,330 1016,542 751,141 2699,279 Collateral for F.R. notes: Gold certificates 13,094,000 400,000 4,520,000 750,000 810,000 450,000 485,000 2900,000 270,000 170,000 280,000 259,000 1800,000 Eligible paper 685,603 718 321,045 30,540 24,850 28,100 25,400 89,850 165,100 U. S. Govt, securities 13,475,000 1300,000 1.400,000 1100,000 1575,000 l400,000 950,000 2000,000 950,000 505,000 750,000 545,000 1000,000 Total collateral 27,254,603 1700,718 6,241,045 1880,540 2385,000 1874,850 1435,000 4900,000 1248,100 700,400 1119,850 804,000 2965,100

1/ After deducting $485,110,000 participations of other Federal Reserve Banks. 2/ After deducting $6,373,000 participations of other Federal Reserve Banks.


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h41_19520717.pdf