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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.1 (For Immediate Release) April 14, 1955 CONDITION OF THE FEDERAL RESERVE BANKS Member Bank Reserves and Related Items During the week ended April 13, Member bank reserves increased $50 million. The principal changes supplying reserves were decreases of $78 million in Treasury deposits with Federal Reserve Banks, $59 million in Money in circulation, and $35 million in Other deposits with Federal Reserve Banks. The principal offsetting changes were decreases of $49 million in Gold stock and $34 million in Reserve Bank credit, and an increase of $30 million in Foreign deposits with Federal Reserve Banks. At the end of the week, Member bank reserves amounted to $l8,84l million of which $622 million were estimated as excess reserves. The decrease of $34 million in Reserve Bank credit resulted from decreases of $70 million in Loans, discounts and advances, $3 million in U. S. Government securities held under repurchase agreement, and $1 million in Acceptances held under repurchase agreement,and increases of $35 million in Float and $5 million in Acceptances purchased. Member Bank Reserves and Related Items April 13, 1955 Change since April 6, April 14, 1954 1955 (In millions of dollars) Reserve Bank credit: U. S. Government securities-Bought outright Held under repurchase agreement Acceptances purchased Acceptances held under repurchase agreement Loans, discounts and advances Float Total Gold stock Treasury currency outstanding 23,604 37 16 1 638 680 24,977 21,670 4,997 + + - 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) 29,841 826 365 381 410 979 + + - Member bank reserves 18,841 + 50 18,219 622 - 25 + 75 672 567 +167 + 48 Required reserves (estimated) Excess reserves (estimated) Daily averages for period-Estimated excess reserves of member banks Member bank borrowings at F. R. Banks - - 3 5 1 70 35 34 49 - - 59 9 78 30 35 - - -1,028 37 16 1 466 + 81 427 296 + 54 + + + + • + + 48 5 274 88 57 44 - 452 + ~ ~ - 366 86 + + 74 429 - U« S. Government securities held in custody by the Federal Reserve Banks for foreign account were $3,0?4 million, a decrease of $3 million for the week and an increase of $257 million from the comparable date a year ago. H.1*. 1(a) STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (in thousands of dollars) Change since April 14, April 6, 1954 1955 April 13, 1955 A S S E T S Gold certificates Redemption fund for F. R. notes Total gold certificate reserves F. R. notes of other Banks Other cash Discounts and advances Industrial loans Acceptances purchased Acceptances held under repurchase agreement U. S. Government securities: Bought outright— Bills Certificates Notes Bonds Total bought outright Held under repurchase agreement Total U. S. Government securities 20,138,101 847,855 20,985,956 205,913 370,249 637,359 653 15,870 1,000 883,244 9,960,141 9,959,471 2,801,750 23,604,606 37,000 - - + - - + + - 1,109 — — — — — — - - Total loans and securities Due from foreign banks Uncollected cash items Bank premises Other assets TOTAL ASSETS 45,002 2,596 47,598 27,590 7,150 70,008 144 4,871 . 24,296,488 22 4,430,838 56,005 137,291 50,482,762 + + + + - 3,000 3,000 69,102 745,286 65 6,065 655,156 25,562,498 - 18,841,488 364,585 380,636 4l0,4ll 19,997,120 3,750,646 17,285 49,327,549 50,146 77,930 + 29,431 34,548 32,901 + 710,031 1,028 + + 649,798 A C C O U N T S C A P I T A L Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 291,890 660,901 27,543 174,879 50,482,762 + 28,360 + - - 774 «»«. + 4,584 655,156 - - - 487 114 1,000 -1,027,731 +3,908,950 -3,069,550 - 839,400 -1,027,731 + 37,000 - 990,731 - 508,040 -»— + 247,187 + 3,026 23,935 - 520,151 + 46,554 451,169 274,324 88,656 + 57,542 756,607 + 166,308 2,083 545,828 — « + + — — + + 46.1# 28,133 3,409 266,001 26,646 - 292,647 + 68,849 14,591 + 466,489 668 + 15,870 mm mm L I A B I L I T I E S Federal Reserve notes Deposits: Member bank—reserve accounts U. S. Treasurer--general account Foreign Other Total deposits Deferred availability cash items Other liabilities and accrued dividends TOTAL LIABILITIES Ratio of gold certificate reserves to deposit and F. R. note liabilities combined Contingent liability on acceptances purchased for foreign correspondents Industrial loan commitments - 21,360 35,888 — — - 31,571 520,151 + .1$ + + 11,709 546 MATURITY DISTRIBUTION OF LOANS AND SECURITIES, APRIL 13, 1955 (Acceptances and securities held under repurchase agreement are classified as maturing within 15 days in accordance with maximum maturity of the agreements.) Within 15 days 16 to 90 days 91 days to 1 year Over 1 year to 5 years Over 5 years to 10 years 10 years DigitizedOver for FRASER http://fraser.stlouisfed.org/ Total Federal Reserve Bank of St. Louis Discounts and advances 535797% 49,052 53,333 — --637,359 Industrial loans l6 353 135 149 --"553 Acceptances 3,1-21 13,049 ----167^70 " U. S. Government securities 2757500 2,328,110 16,519,390 2,087,127 l,013,6l4 1,414,857 2J,b4l,b0t> ~ H. 4.1(b) A S S E T S Gold certificates Redemption fund for F. R. notes Total gold certificate reserves F.R. notes of other Banks Other cash Discounts and advances Industrial loans Acceptances purchased Acceptances held under repurchase agreement U. S. Govt, securities: Bought outright-Bills Certificates Notes Bonds Total Held under repurchase agreement Total U. S. Government securities STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 13, 1955 (In thousands of dollars) Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Mpls. Kans.Cy. Dallas SanFran. 20,138,101 1034,407 5,386,656 1234,467 1745,142 1142,177 860,492 3460,935 821,900 400,272 893,618 734,829 2423,206 847,855 52,092 20,985,956 1086,499 205,913 370,249 637,359 653 15,870 8,275 29,626 36,766 177,837 55,954 74,800 65,389 5,564,493 1290,421 1819,942 1207,566 41,344 83,630 140,983 15,870 7,273 16,520 34,673 563 10,673 37,821 53,158 52,510 151,787 24,381 39,249 28,295 79,076 913,002 3612,722 868,385 424,653 932,867 763,124 2502,282 7,713 66,047 35,148 62,152 15,097 23,718 191,087 16,582 46,485 19,058 7,490 17,991 13,072 6,981 12,828 21,839 4,310 9,748 46,908 90 4,910 9,892 29,817 10,937 38,311 41,143 21,4o4 38,412 35,4l6 96,758 —— —— -» —— 1,000 1,000 883,244 48,776 9,960,141 550,039 9,959,471 550,002 2,801,750 154,724 23,604,606 1303,541 37$ 000 224,472 53,756 75,909 52,035 45,591 2,531,320 606,194 856,004 586,793 514,123 2,531,150 606,153 855,947 586,752 514,088 712,051 170,520 240,791 165,062 144,621 5,998,993 1436,623 2028,651 1390,642 1218,423 3*7 f 000 154,062 36,653 1737,317 413,326 1737,201 413,298 488,701 116,267 4117,281 979,544 —— —«•» 241,363 241,348 433,167 399,382 1091,113 433,137 399,355 1091,040 67,895 121,848 112,344 306,926 572,010 1026,564 946,497 2585,837 23,641,606 1303,541 6,035,993 1436,623 2028,651 1390,642 1218,423 4117,281 979,544 Total loans and securities 24,296,488 1340,307 6,193,846 1471,859 2081,809 1405,739 1242,l4l 4308,368 992,616 619,008 1056,381 957,434 2626,980 Due from foreign banks Uncollected cash items Bank premises Other assets TOTAL ASSETS 22 4,430,838 56,005 137,291 1 334,422 5,834 7,203 572,010 1026,564 946,497 2585,837 1/ 6 2 2 1 1 3 l 1 1 l 2 859,695 7,165 33,530 272,959 5,249 8,053 407,026 5,227 329,290 4,443 335,191 4,108 745,118 190,707 116,777 218,444 229,564 1,340 391,645 9,435 15,075 11,566 8,014 7,598 6,225 24,821 2,815 5,880 1,082 3,216 3,082 5,725 6,610 50,482,762 2812,167 12,783,709 3072,336 4374,066 2979,348 2603,236 8778,467 2085,885 1178,795 2231,302 1977,882 5605,569 l/ After deducting $16,000 participations of other Federal Reserve Banks. STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 13, 1955 (In thousands of dollars) H.4.1(c) L I A B I L I T I E S Total Boston Federal Reserve notes 25,562,498 1564,292 Deposits: Member bank-reserve accts. 18,841,488 818,489 U.S.Treasurer-general acct. 364,585 25,985 Foreign 380,636 21,060 2,495 Other Chicago St.Louis Mpls. Kans.Cy. Dallas SanFran. 5,741,552 1793,176 2350,574 1832,475 1302,365 4972,661 1153,583 571,494 1022,842 711,566 2545,918 New York Phila. Cleve. 5,549,251 46,402 1/132,103 326,888 904,927 1487,185 25,835 32,127 25,623 31,941 9,693 6,194 Rich. Atlanta 760,635 26,112 17,550 3,209 908,637 2911,857 686,774 440,993 927,592 960,268 2484,880 26,434 41,245 22,560 21,342 32,668 29,879 33,996 15,093 6,628 49,140 2.505 13,338 6,303 8,775 1,647 13,338 16,497 2,044 36,178 38,677 966,078 1557,447 807,506 956,792 3004,747 728,975 472,757 977,726 1008,688 :2593,731 359,924 277,374 290,815 634,121 156,906 103,804 184,501 202,612 345,332 Total deposits Deferred avail. cash items Other liabilities and accrued dividends 19,997,120 3,750,646 868,029 309,351 6,054,644 657,457 228,449 17,285 992 5,042 968 TOTAL LIABILITIES Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 49,327,549 2742,664 12,458,695 2988,671 4269,523 2918,227 2550,727 8614,337 2040,099 1148,630 2185,727 1923,629 5486,620 6,498 11,238 15,210 32,667 291,890 15,233 88,601 19,425 27,858 13,215 12,801 38,938 10,206 660,901 40,309 188,070 47,773 60,222 33,480 29,480 96,566 26,619 16,918 24,755 29,985 66,724 27,543 3,011 7,319 4,489 1,006 3,349 762 1,429 521 1,073 1,137 1,307 2,l4o 174,879 10,950 41,024 11,978 15,457 11,077 9,466 27,197 8,440 5,676 8,445 7,751 17,418 Contingent liability on acceptances purchased for foreign correspondents Industrial loan commitments 1,578 872 755 2,808 635 575 658 763 1,639 50,482,762 2812,167 12,783,709 3072,336 4374,066 2979,348 2603,236 8778,467 2085,885 1178,795 2231,302 1977,882 5605,569 28,133 3,409 1,692 2/8,167 2,059 297 2,566 627 1,410 33 1,213 97 3,948 15 1,072 705 1,072 1,325 2,904 2,340 FEDERAL RESERVE AGENTS' ACCOUNTS F. R. notes outstanding Collateral for F.R. notes: Gold certificates Eligible paper U. S. Govt, securities Total collateral 26,491,931 1618,338 5,945,035 1860,853 2477,139 1886,473 1359,377 5081,494 1206,852 606,454 1050,433 751,240 2648,243 2,670,000 800,000 1050,000 675,000 500,000 2100,000 355,000 175,000 280,000 283,000 1380,000 177,486 30,566 9,145 44,325 25,890 — 30,500 27,130 — 9,930 17,155,000 1200,000 3,600,000 1200,000 1500,000 1300,000 1000,000 3000,000 910,000 500,000 800,000 525,000 1620,000 10,908,000 640,000 28,240,486 1870,566 6,270,000 2027,130 2550,000 1984,930 1500,000 5100,000 1274,145 l/ After deducting $248,508,000 participations of other Federal Reserve Banks. 2/ After deducting $19,966,000 participations of other Federal Reserve Banks. 719,325 1105,890 808,000 3030,500
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