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H.U.I BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (For Immediate Release) April 30, 1953. CONDITION OF THE FEDERAL RESERVE BANKS Member Bank Reserves and Related Items During the week ended April 29, Member bank reserves increased $13 million. The principal changes supplying reserves were decreases of $142 million in Treasury deposits with Federal Reserve Banks, $80 million in Other F. R. accounts (net), and $67 million in Foreign deposits with Federal Reserve Banks. The principal offsetting changes were a decrease of $168 million in Reserve Bank credit and increases of $65 million in Money in circulation and $45 million in Other deposits with Federal Reserve Banks. The decrease of $168 million in Reserve Bank credit resulted from decreases of $162 million in Float and $6 million in Loans, discounts and advances. Member Bank Reserves and Related Items April 29, 1953 Change since April 22, April 30, 1953 1952 (In millions of dollars) Reserve Bank credit: U. S. Government securities-Bought outright Held under repurchase agreement Loans, discounts and advances Float Total Gold stock Treasury currency outstanding 23,806 -- +1,443 840 581 25,227 22,562 4,836 - 6 -162 -168 -+ 2 + 159 7 +1,595 - 736 + 9 7 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) 29,787 1,278 367 518 401 784 + 65 - 1 -142 - 67 +45 - 80 +1,323 3 83 + 135 + 3 5 Member bank reserves 19,489 + 13 - 451 19,457 32 - 31 + 44 + 314 - 765 402 l,l6? -204 +128 - 158 + 612 Required reserves (estimated) Excess reserves (estimated) Daily averages for period-Estimated excess reserves of member banks Member bank borrowings at F. R. Banks U. S. Government securities held in custody by the Federal Reserve Banks for foreign account were $2,404 million, an increase of $70 million for the week and an increase of $741 million from the comparable date a year ago. H.4.1(a) STATEMENT 0$' CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Change since April 30, April 22, 1952 1$53 April 29, 1953 A S S E T S Gold certificates Redemption fund for F. R. notes Total gold certificate reserves Other cash Discounts and advances Industrial loans U. S. Government securities: Bought outright— Bills Certificates Notes Bonds Total bought outright Held under repurchase agreement Total U. S. Government securities 23!tio6i116 + 514,754 - 6,663,590 + 8,205,598 613,848 + 1,442,914 23,806,116 + 1,442,91% Total loans and securities Due from foreign "banks F. R. notes of other banks Uncollected cash items Bank premises Other assets TOTAL ASSETS 24,646,442 23 153,769 3,607,190 49,561 202,624 50,395,421 20,633,099 752,619 21,395,718 350,094 4,995 2,720 2,275 3,236 5,329 5 836,850 3,476 514,754 4,995,716 13,773,671 L I A B I L I T I E S Federal Reserve notes Deposits: Member bank--reserve accounts U. S. Treasurer—general account Foreign Other Total deposits Deferred availability cash items Other liabilities and accrued dividends TOTAL LIABILITIES 19,489,347 367,496 518,415 401,048 20,776,306 3,026,472 20,786 49,379,695 A C C O U N T S C A P I T A L Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 257,239 584,676 27,543 146,268 50,395,421 25,556,131 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined Contingent liability on acceptances purchased for foreign correspondents Industrial loan commitments 5,334 + : + 301,806 + 106 + + 59,403 13,653 141,643 66,237 44,680 149,547 139,579 1,526 228,197 + 73 - 72,510 300,634 46.2# + .1# 31,858 2,971 + + 1,406 31 1,682 + 1,601,822 1,248 8,821 300,634 779,154 59,191 719,963 13,198 160,590 ± 5 1,298 280,724 4,912 g9,572 + 1,182,566 + 1,223,855 - 450,919 + + 231 134,699 : + 82,922 398,911 287,745 + 3,456 + 1,116,145 + + 14,311 46,334 + 5,776 + 1,182,566 2.4$ + 23,740 3,565 MATURITY DISTRIBUTION OF LOANS AND SECURITIES, APRIL 29, 1953 (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 Over 10 years Total Discounts and advances 770, 3937^9, 6&J-41938 836,850 Industrial loans 706 U. S. Government securities 1,103 1,507 160 237,250 1,415,270 12,450,175 6,914,164 3,476 23,806,116 te. STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 29, 1953 (in thousands of dollars) H.4.1(b) - S S E T S Gold certificates Total 20,633,099 Redemption fund for Jc • Iw BOucS ^2,619 Total gold certificate Discounts^and advances Industrial loans U. S. Govt, securities: fiC8te8 ll Boston 638,225 62,960 1 701(185 836^0 3,476 — New York Phila. Cleve. 6,778,218 1190,076 1449,395 73,253 - 746,333 83,119 79,863 "* 6,851,471 1248,731 1532,514 826,196 102|*8 — 58,655 Rich. 42^1 2,923 1 93AM 53,W Atlanta Chicago St.Louis 620,486 4349,915 Mpls. Kans.Cy. 527,638 306,663 901,667 126,980 51,145 26,212 40,641 683,043 4476,895 578,783 332,875 942,308 63,M £',663 62,557 37:9% ni&K 65:803 Dallas SanFran. 554,711 2569,772 29,759 57,475 584,470 2627,247 24',033 Sl^lS : l:S *5:H 11 ill 111 B:S i:S B:S SS Si § Total 23,806,116 1683,487 Held under repurchase agreement — — 5,179,949 1491,192 2312,359 1701,804 1526,123 3478,524 1287,832 724,803 -- — " " *" "" 945,341 1149,383 2325,319 "" "" " "" *r°securitiesC^OVerrimeQt 23,806,116 1683,487 5,179,949 1491,192 2312,359 1701,804 1526,123 3478,524 1287,832 724,803 ^"securities"" 5,281,997 1536,237 2405,46l 1754,976 1564,515 3690,423 1351,745 780,591 1011,144 1173,4l6 2377,137 24,646,442 1718,800 945,341 1149,383 2325,319 sag—if 11 # 41 # j: j -j 11 -j 1 TOTAL ASSETS :f f 50,395,421 2754,302 12,950,970 3058,309 4320,908 2917,022 2583,266 8853,517 2129,697 1224,984 2196,331 1955,016 5451,099 l/ After deducting $16,000 participations of other Federal Reserve Banks. STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 29, 1953 (In thousands of dollars) E.4,1(c) , L I A B I L I T I E S Total' Boston New York Phila* Oleve,.. Rich. Atlanta Chicago St.Louis .. Mpls. Kans.Cy.' 25,556,131 1574,205 5,623,275 1816,369 2360,383 1776,213 1378,309 4904,297 1186,783 Federal Reserve notes Deposits: Member hank-reserve accts. 19,489,347 785,879 5,921,304 920,278 1511,940 796,162 890,104 3225,129 725,461 U.S.Treasurer-general acct. 367,496 23,888 75,972 15,7.66 29,855 30,658 18,498 41,944 23,685 70,541 19,566 518,415 31,409 1/155,394 38,617 47,371 25,745 22,141 Foreign 5,400 334,137 3,211 3,407 2,439 4,132 Other 977,872 1592,573 186,853 272,252 855,004 230,793 2,266 1,178 640,010 1007,482 Dallas SanFran. 731,605 2557,200 1,367 991,641 2360,188 11,992 42,510 19,566 23,171 52,022 4,295 29,309 934,875 3339,238 776,374 478,167 222,722 468,016 124,510 78,724 2484,029 973,692 1031,099 : 174,679 144,755 307,043 440,658 23,270 12,872 920,603 29,458 Total deposits Deferred avail, cash items Other liabilities and accrued dividends 20,776,306 846,576 3,026,472 268,645 6,486,807 547,480 1,087 6,110 TOTAL LIABILITIES Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 49,379,695 2690,513 12,663,672 2982,225 4227,474 2863,188 2536,965 8714,453 2088,558 1197,473 2156,531 1908,473 5350,170 32,919 8,896 5,785 9,786 12,659 27,945 81,291 17,463 24,625 11,184 10,893 257,239 13,793 84,628 23,628 15,131 21,925 25,381 57,325 167,503 43,578 54,064 29,248 25,803 584,676 36,462 2,140 1,429 521 1,073 1,137 1,307 7,319 4,489 1,006 3,349 762 27,543 3,011 13,519 20,088 8,094 5,522 6,952 7,196 31,185 10,554 13,739 10,053 8,843 146,268 10,523 Contingent liability on acceptances purchased for foreign correspondents Industrial loan commitments 20,786 1,131 1,059 2,902 891 572 678 1,014 1,898 50,395,421 2754,302 12,950,970 3058,309 4320,908 2917,022 2583,266 8853,517 2129,697 1224,984 2196,331 1955,016 5451,099 31,858 2,971 1,944 2/9,395 2,390 1,316 2,931 749 1,593 53 1,370 4,365 109 1,211 796 1,211 1,434 3,218 744 FEDERAL RESERVE AGENTS' ACCOUNTS F. R* notes outstanding 26,533,431 1630,649 Collateral for F.R. notes: Gold certificates 12,574,000 400,000 Eligible paper 452,028 34,185 U« S. Govt, securities 14,760,000 1300,000 Total collateral 27,786,028 1734,185 5,845,856 1881,821 2444,485 1872,172 1436,134 5007,198 1230,897 653,353 1038,278 765,890 2726,698 4,520,000 745,000 820,000 450,000 310,000 2700,000 280,000 155,000 280,000 63,210 55,200 65,083 52,225 92,440 40,735 1,500,000 1200,000 1700,000 1450,000 1200,000 2400,000 1025,000 505,000 800,000 6,112,©0 1985,735 2520,000 1952,225 1510,000 5100,000 1368,210 715,200 1145,083 1/ After deducting $363,004,000 participations of other Federal Reserve Banks. 2/ After deducting $22,463,000 participations of other Federal Reserve Banks. 214,000 1700,000 48,950 580,000 1100,000 794,000 2848,950
@FedFRASER