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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.1 (For Immediate Release) April 7> 1955 CONDITION OF THE FEDERAL RESERVE BANKS Member Bank Reserves and Related Items During the week ended April 6, Member bank reserves increased $403 million. The principal changes supplying reserves were decreases of $408 million in Treasury deposits with Federal Reserve Banks and $12 million in Treasury cash holdings, and an increase of $163 million in Reserve Bank credit. The principal offsetting changes were increases of $162 million in Money in circulation and $15 million in Other F. R. accounts (net). At the end of the week, Member bank reserves amounted to $18,791 million of which $54-7 million were estimated as excess reserves. The increase of $163 million in Reserve Bank credit resulted from increases of $93 million in Float, $40 million in U. S. Government securities held under repurchase agreement, $16 million in Loans, discounts and advances, $11 million in Acceptances purchased, and $2 million in Acceptances held under repurchase agreement. Member Bank Reserves and Related Items Reserve Bank credit: U. S. Government securitLes-Bought outright Held under repurchase agreement Acceptances purchased Acceptances held under repurchase agreement Loans, discounts and advances Float Total Gold stock Treasury currency outstanding April 6, 1955 Change since April 7, March 30, 1954 1955 (In millions of dollars) 23,604 40 11 2 708 645 25,011 21,719 4,997 — «• + + + + + 40 11 2 16 93 +163 - - - +162 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) 29,900 443 351 445 979 + 8 + 15 Member bank reserves 18,791 Required reserves (estimated) Excess reserves (estimated) Daily averages for period— Estimated excess reserves of member banks Member bank borrowings at F. R. Banks 817 - 12 -4o8 - 5 L,028 40 11 2 529 99 346 24? 62 + + + + + + + - 105 6 127 + 140 74 43 +403 - 481 18,244 547 +316 • 505 519 + 69 - -133 + + 87 - + - 407 74 200 385 U. S. Government securities held in custody by the Federal Reserve Banks for foreign account were $3,077 million, an increase of $9 million for the week and an increase of $286 million from the comparable date a year ago. H.4.1(a) STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Change since March 30, April 7, 1955 1954 April 6, 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 20,183,103 850,451 21,033,554 178,323 377,399 + 5,000 1,627 6,627 23,729 32,653 16,281 12 10,999 + 10,999 + 2,109 + 2,109 + + + - 707,367 + 509 10,999 - 2,109 883,244 9,960,141 9,959,471 • — — 24,365,590 22 3,685,552 55,940 131,226 C A P I T A L A C C O U N T S Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS - + + 40,000 40,060 + 69,377 49,827,606 - 104,238 24 13,398 98,038 25,590,858 + 100,290 18,791,342 442,515 351,205 444,959 20,030,021 3,040,615 16,257 48,677,751 403,516 408,791 4,574 + 7,547 2,302 197,591 133 99,736 291,116 2,788 - + - 660,901 27,543 170,295 49,827,606 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined Contingent liability on acceptances purchased for foreign correspondents Industrial loan committtaa&6 46.1# 28,620 3,523 - — — - 982 "1,027,731 +3,908,950 -3,069,550 839,400 -1,027,731 + 40,000 987,731 - - 23,604,606 40,000 23,644,606 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 - - ~ 2,801,750 Total loans and securities Due from foreign banks ~ Uncollected cash items Bank premises Other assets TOTAL ASSETS 215,998 28,525 244,523 + 38,048 27,397 + 530,075 - 445,530 «• mm + + + 329,921 3,032 - 20,986 - 367,435 50,908 480,388 127,936 139,847 + 73,859 674,312 + 231,144 1,866 394,126 - + + 20,693 35,888 — mm. • + - 4,486 98,038 - - + - - .1# -t" 514 10 + + 29,890 367,435 .1% 14,138 632 MATURITY DISTRIBUTION OF LOANS AND SECURITIES, APRIL 6, 1955 (Acceptances and securities held under repurchase agreement are classified as aatuning 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 http://fraser.stlouisfed.org/ Total Federal Reserve Bank of St. Louis Discounts and advances 606,694 47,340 53,333 707,367 Industrial. loans ~~TB 203 140 150 509 Acceptances 2,171 10,935 2 13.108 U. S. Government securities 87,500 2,522,110 16,519,398 2,087,127 1,013,614 1.414.857 23.644.606 STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 6, 1955 (In thousands of dollars) 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 Total Boston New York 20,183,103 997,359 5,621,225 850,451 52,241 178.394 TOTAL ASSETS Cleve. Rich. Atlanta Chicago St,Louis 178,323 377,399 707,367 509 6,650 31,442 21,604 31,358 83,578 76,063 10,999 10,999 2,109 2,109 Mpls. Kans.Cy. Dallas SanFran. 1257,672 1692,934 1165,993 857,767 3263,310 832,347 423,219 889,850 805,639 2375,786 56.234 75.000 66,247 52.632 151,974 21,033,554 1049,600 5,799,619 1313,906 1767,934 1232,240 910,399 3415,284 5,203 -15,388 40,918 419 10,6ll 41,662 56,653 6,930 16,742 20,002 61,716 16,015 32,809 65,522 23,788 380,582 46,530 24,398 39,289 28,336 79,176 878,877 447,617 929,139 833,975 2454,96* 5,357 18,204 12,912 3,283 9,424 30,908 90 5,666 10,016 14,687 7,985 14,519 4,487 17,54$ 38,09; 24,76; 883,244 48,776 224,472 53,756 75,909 52,035 45,591 154,062 yu, ,-, 36,653 ^,-r^ 21,404 38,412 35,416 96,756 9,960,141 550,039 2,531,320 606,194 856,004 586,793 514,123 1737,317 413,326 241,363 433,167 399,382 1091,113 9,959,471 550,002 2,531,150 606,153 855,947 586,752 514,088 1737,201 413,298 241,348 433,137 399,355 1091,04c 2,801,750 154,724 ° 712,051 170,520 . 240,791 165,062 144,621 488.701 116,267 67,895 121,848 112,344 306.926 23,604,606 1303,541 5,990,993 1436,623 2028,651 1390,642 1218,423 4ii7,28l 979,^44 572,'010 1026^564 946*497 2585J837 40,000 4o, 000 — — -- — — — — __ 23,644,606 1303,541 6,038,993 1436,623 2028,651 1390,642 1218,423 4117,281 979.544 572,010 1026,564 946,497 2585,837 Total loans and securities 24,365,590 1325,145 Due from foreign banks Uncollected cash items Bank premises Other assets Phila. 22 1 3,685,552 '281,739 55,940 5,834 131,226 6,844 6,128,164 1477,960 1/6 2085,304 1410,644 1242,211 4497,863 992,456 603,008 1041,251 950,984 2610,600 2 2 1 5,249 5,221 11,432 4,443 7,750 1 3 1 708,788 220,626 321,958 290,493 272,269 606,133 160,722 7,165 31,616 7,646 4,108 7,247 6,225 24.013 2,815 5,667 1 1 99,216 185,179 1,082 3,073 3,071 5.462 1 2 1,290 9,435 14,213 188,567 349,862 6,265 49,827,606 2707,255 12,790,294 3045,980 4244,124 2969,243 2530,760 8631,058 2064,099 1166,702 2179,787 2003,586 5494,718 l/ After deducting $16,000 participations of other Federal Reserve Banks. STATEMKT OF tmDlTIOIT OF THE ^FEDERAL HESERVE" BARKS'ON APBIL 6,-1955 (In thousands of dollars) H.4.1(c) L I A B I L I T I E S Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Federal Reserve notes 25,590,858 1563,620 5,764,666 1797,34? 2343,465 1828,018 Deposits: Member bank-reserve accts. 18,791,342 756,546 5,668,798 895,908 1455,637 777,113 U.S.Treasurer-general acct. 442,515 32,819 60,608 32,003 36,217 36,979 Foreign 351,205 20,820 1/105,504 25,331 31,577 17,350 Other 444,959 1,862 362,724 9,734 5,337 3,152 Total deposits Deferred avail, cash items Other liabilities and accrued dividends 20,030,021 812,04? 6,197,634 962,976 1528,768 834,594 3,040,615 261,522 500,54? 201,401 265,745 244,945 TOTAL LIABILITIES Capital paid in Surplus (Section 7) -Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 48,677,751 Contingent liability on acceptances purchased for foreign correspondents Industrial loan commitments 16,257 881 4,310 899 1,992 Mpls. Kans.Cy. Dallas SanFran. 1304,718 4979,045 1155,341 573,007 1022,276 711,643 2547,71^ 900,739 2864,337 687,104 442,452 22,967 69,688 26,041 27,221 14,921 48,580 13,186 8,675 2,040 3,248 6,793 1,106 902,256 1018,283 2422,16^ 25,876 29,54a 16,309 1,786 35,766 42,043 940,667 2985,853 733,124 479,454 963,124 1062,254 232,340 500,006 129,434 83,620 148,426 174,964 2529,526 297,665 805 763 2,924 557 567 42,548 13,186 5,134 563 636 1,36c 2638,070 12,467,157 2962,623 4139,970 2908,362 2478,488 8467,828 2018,456 1136,648 2134,389 1949,497 5376,263 15,229 87,962 19,386 27,853 13,185 12,762 38,933 10,205 6,494 11,237 15,210 32,66c 40,309 188,070 47,773 60,222 33,480 29,480 96,566 26,619 16,918 24,755 29,985 66,72k 27,543 3,011 7,319 4,489 1,0C6 3,349 762 1,429 521 1,073 1,137 1,307 2,l4c 170,295 10,636 39,786 11,709 15,073 10,867 9,268 26,302 8,298 5,569 8,269 7,587 16,931 291,116 660,901 49,827,606 2707,255 12,790,294 3045,980 4244,124 2969,243 2530,760 8631,058 2064,099 1166,702 2179,787 2003,586 5494,716 28,620 1,734 2/8,159 3,523 2,110 441 2,630 597 1,445 33 1,243 97 4,046 15 1,098 ?22 1,098 2,340 1,358 2,97? FEDERAL RESERVE AGENTS' ACCOUNTS F. R. notes outstanding Collateral for F.R. notes: Gold certificates Eligible paper U. S. Govt, securities Total collateral 26,450,781 1623,499 5,937,70? 1855,595 2468,252 1881,671 1367,151 5075,500 1202,944 606,920 1047,821 749,852 2633,86$ 10,908,000 640,000 2,670,000 800,000 1050,000 675,000 500,000 2100,000 355,000 175,000 280,000 283,000 1380,00c 129,674 16,004 34,105 9,365 28,575 11,140 15,15C 15,335 17,165,000 1200,000 3,600,000 1200,000 1500,000 1300,000 1000,000 3000,000 920,000 500,000 800,000 525,000 l620,00C 28,202,674 1856,004 6,270,000 2034,105 2550,000 1990,335 1500,000 5100,000 1284,365 703,575 1091,140 808,000 3015,15C 1/ After deducting 2/ After deducting $245,676,000 participations of other Federal Reserve Banks. $20,461,000 participations of other Federal Reserve Banks.
@FedFRASER