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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate Release)
April 26, 1951
CONDITION OF THE FEDERAL RESERVE BANKS
Member Bank Reserves and Related Items
During the week ended April 25, Member bank reserves decreased
deposits with Federal Reserve Banks and of $25 million in Foreign deposits with
Federal Reserve Banks. The principal offsetting change was a decrease of
$35 million in Money in circulation.
The decrease of $445 million in Reserve Bank credit resulted from
decreases of $335 million In Float and $146 million In 0. S. Government securities,
and an Increase of $36 million In Loans, discounts and advances. Holdings of
U. S, Government securities reflected decreases of $139 million in bills
$33 million in notes, and an increase of $26 million in bonds.
Change since
Member Bank Reserves
and Related Items
A p r i
JQ^
1951
^iQSl'
—
S2_
—-—•—-
(In millions of dollars)
Reserve Bank credit;
S. Government securities
Loans, discounts and advances
Float
Total
Gold stock
Treasury currency outstanding
22,940
154
6
95
23,789
4,641
-146
+ 36
-335
-445
+
1
+5,300
66
+ 415
+5,648
-2,440
+
41
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)
27,122
1>29&
678
892
320
753
- 35
+ 3
+ 57
+ 25
+ 3
+ 1
+
+
-
Member hank reserves
19,176
-498
+3,278
18,483
693
- 54
-444
+3,240
+
3d
818
-243
+
Required reserves (estimated)
Excess reserves (estimated)
Daily average excess reserves (estimated)
160
20
155
21
25
19
228
H.4.1(a)
STATEMENT OF CONDITION
OF THE TWELVE FEDERAL RE SERINE BANKS COMBINED
(In thousands of dollars)
April 25,
1951
A S S E T S
Gold certificates
Redemption fund for F. R» notes
Total gold certificate reserves
19,945,902
622,292
20,568,194
Change since
April 18,
April 26,
1951
1950
-
2,003
1,137
3,140
-
8,337
+
Other cash
310,538
+
Discounts and advances
Industrial loans
Acceptances purchased
U. S. Government securities:
Bills
Certificates
Notes
Bonds
Total U. S. Government securities
149,228
4,521
258
+ 35,738
1,424,698
-138,900
+
+
-
278
160
+
+
- 32,500
+ 25,713
23,094,097
33
135,462
3,271,350
40,871
-109,831
258
2,774,777
5,753,250
+13,461,133
4366,459
+ 5,299,565
+ 5,233,131
+
li
—
+
27,862
702,975
6,291
41,353
47,618,619
+ 4,145
-674,904
13
+ 6,l44
-769,262
T
23,014,260
- 23,684
+
212,803
19,175,559
678,403
891,742
320,146
21,065,850
-498,285
+ 56,914
+
-
3,277,968
154,958
+ 25,063
-
21,795
+ 3,113
-413,165
-339,436
+ 1,809
-774,476
3,126,534
+
288,017
42
3,627,396
2,576,678
14,419
46,671,207
C A P I T A L
A C C O U N T S
Capital paid in
Surplus (Section 7)
Surplus (Section l)b)
Other capital accounts
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
68,638
1,944
-
14,945,133
6,570,259
22,940,090
168,074
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
112,116
•
—
Total loans and securities
Due from foreign tanks
F. R. notes of other banks
Uncollected cash items
Bank premises
Other assets
TOTAL ASSETS
2,563,530
96,361
2,467,169
228,722
510,022
27,543
181,125
47,618,619
Ratio of gold certificate reserves to deposit
and F, R. note liabilities combined
Contingent liability on acceptances purchased
for foreign correspondents
Industrial loan commitments
46.7#
30,997
2,753
+
25,319
+
98
+
5,116
6,244
-769,262
+ 3,656,563
+
+
+
+
13,562
21,849
9.8#
.5#
122
30
+
24,581
1,470
MATURITY DISTRIBUTION OF LOANS AND SECURITIES, APRIL 25, 1951
(Callable Government securities classified according to nearest call date)
Within 15 days
16 to 90 days
91 days to 1 year
Over 1 year to 5 years
Over 5 years to 10 years
Over 10 years
Total
Discounts and
advances
131,454
17,665
109
—
—
—
149,228
Industrial
loans
184
572
2,500
1,265
—
—
4,521
Acceptances
purchased
258
—
—
--—
258
U.S. Government
securities
599,874
2,669,319
10,343,490
4,436,766
1,031,904
3.858.737
22,940,090
E.4.1(b)
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 25, 1951
(In thousands of dollars)
A S S E T S
Gold certificates
f
T
°reserve8
°r
certiflcat
. . . .
Total
Boston
19,945,902
629,164
622.292
58.120
? 20,568,194
687,284
S
1 ; £
3
"
- " " " • e s s
Phils.
a
s
22,940,090 1590,4&T
Cleve.
Rich. Atiatita
7,014,636 1139,o6o 1370,736
726,059
70.562
61.815
Chicago St.Louis
8 0 1 , 4 5 8 4087,378 481,746
Mpls. Kans.Cy.
302,955
686,647
34,488
42.895 104.823
43.996
23,660
7,063,407 1189,767 1441,298 787,874 844,353 4192,201
525,742
326,615
48.771
&,%
50.707
'?:$
5
'"S
e
New York
1 : 5
S
|
K g
S : S
i S S
^
g
4 s s
&
s
a
1
1
428,457 2 2 7 7 , 6 0 6
25,896
?6,55?
454,353 2334,165
S 3 ?
=
a
721,135
Dallas SanFran.
"
a
"
s
1
1
"
s
5,190,530 1443,391 2142,834 1525,355 1237,824 3421,629 1245,735 710,142 1080,111 1097,729 2254,323
23,094,097 1596,566 ' 5,213,227 1453,751 2151,333 1545,386 1248,126 3435,314 1262,335 723,479 1103,188 1100,016 2261,376
TOBU.
47,618,619 2626,016 13,014,976 2878,499 3969,905 2660,412 2364,1(6 8233,863 1963,364 1155,594 2037,218 1747,562 4967,108
1/ After deducting $23,000 participations of other Federal Reserve Banks.
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 2p> 1951
H.U.l(c)
In thousands of dollars)
Boston
Total
23,014,260 1421,041
New York
Phila.
Cleve.
21,065,850 922,036
2,576,678 221,651
7,112,574 1011,493 1562,006
434,949 164,151 245,008
Rich.
Atlanta
Chicago St.Louis
Mpls. Kans.Cy.
Dallas SanFran.
611,495 2274,168
602,935 901,048
L I A B I L I T I E S
5,188,704 1629,382 2073,682 1539,809 1240,125 4473,840 1058,031
Federal Reserve notes
Deposits{
814,012 3042,144 671,308 406,398 863,633 882,979 2196,459
817,451
6,408,955
879,411
1427,557
765,252
28,483 50,168 35,154 50,834
Member baik-reserve accts. 19,175#559
62,933 48,851
44,907
45,175
167,632
59,592
47,352
37,322
32,830 82,531
U.S. Treasurer-general acct. 678,405
22,183
32,830
32,830
37,267 122,447
55,013 1/276,830
70,097
82,519 W,365
772
31,006
891,742
1,732
580
Foreign
2.330
5,543
5,459
4.397 " 259.157
2,393
4,578
2,199.
520,146
Other
Total deposits
Deferred avail.cash items
Other liabilities and
accrued dividends
TOTAL LIABILITIES
Capital paid in
Surplus (Section 7)
Surplus (Section l)b)
richer capital accounts
TOTAL LIABILITIES AND
CAPITAL ACCOUNTS
Contingent liability on
acceptances purchased
for foreign correspondents
Industrial loan commitments
14,419
46,671,207
228,722
510,022
27,543
181,12
47,618,619
30,997
2,753
458,796 947,211 951,735 2360,830
849,138 901,645 3229,854 758,532
67,251 150,648 146,401 242,906
219,862 179,012 396,879 107,960
1,264
1710,242 4879,168
2565,842 12,741,121 2805,663 3882,102 2609,419 2321,341 8102,377 1925,107 1129,502 1999,323
10,158
24,382
12,298
73,694 16,020
16,852 44,519
32,246
153,290 59,710
1,307
2,140
3,011
7,319
4,489
9,003
16,899
I
a
s
S
3
&
S
12,619
39,552
12,617
2626,016 1?,014,976 2878,499 3969,905 2660,412 2364,102 8233,863 1963,364 1155,594 2037,218 1747,562 4967,108
1,922
2/9,515
2M9
1,274
2,883
644
1,550
48
1,302
4,277
208
1,147
775
1,147
485
1,147
2,883
94
FEDERAL RESERVE AGENTS' ACCOUNTS
F.R. notes outstanding
Collateral for F.R. notes $
Gold certificates
Eligible paper
U-.S, Govt, securities
Total collateral
614,129 934,082 661,314 2597,023
25,966,476 1481,530 5,378,320 1705,161 2165,585 1620,290 1347,309 4552,993 1110,740
250,000 150,000 280,000 179,000 1500,000
12,194,000 550,000 4,470,000 710,000 765,000 450,000 510,000 2580,000
16,600 13,180
18,810
105,758
490,000 700,000 500,000 1200,000
925,000
850,000
2000,000
12,480,000 1200,000 1,000,000 1000,000 1425,000 1190,000
79,000 2702,775
w
5,486,065 1717,315
2190,000
1658,810 1560,000
4580,000 1191,600 655,180 1002,956
0*u
fy
j
.
i
J
.
1
•
1556,079
24,777,758
1/
rnmmm
After deducting $6l4,899,000 participations of other Federal Reserve Banks.
I ^ ^
^ ^ —
• >
*
t •
, /I
» 1. ^
#3
m a 1
TD A A A
A
T)
It.Q
After deducting $21,1+82 ,000 participations of other Federal Reserve Banks
@FedFRASER