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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 3.4.1 (For Immediate Release) April 9, 1953. CONDITION OF THE FEDERAL RESERVE BANKS Member Bank Reserves and Related Items During the week ended April 8, Member bank reserves increased $324 million. The principal change supplying reserves was an increase of $404 million in Reserve Bank credit. The principal offsetting changes were increases of $43 million in Treasury deposits with Federal Reserve Banks, ^ $26 million in Money in circulation# and $18 million in Foreign deposits with Federal Reserve Banks, The increase of $404 million in Reserve Bank credit resulted from an increase of $443 million in Loans, discounts and advances and a decrease of $39 million in Float. Member Bank Reserves and Related Items April 8, 1953 Change since April 1, April 9, 1953 . H.952 (in millions of dollars) Reserve Bank credit: U, S. Government securities Loans, discounts and advances Float Total Gold stock Treasury currency outstanding 23,806 912 709 25,427 22,562 4,828 +443 - 39 +404 - 1 + 1 +1,312 + 739 17 +2,034 - 731 + 92 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) 29,780 1,300 329 568 343 868 + 26 - 4 + 43 + 18 - 1 - 1 +1,254 + 27 52 + 6 + 142 + 41 Member bank reserves 19,629 +324 - 19,553 76 - 58 +382 + 477 - 500 Required reserves (estimated) Excess reserves (estimated) Daily average excess reserves (estimated) 481 — — - 23 168 STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) H.4.1(a) Change since April 9, April 1, 1952 1953 April 8, 1953 ASSETS 20,614,103 747,167 .21,361,270 - 802,151 - 4,998 968 5,966 753,970 Other cash 351,456 - 9,682 5,548 Discounts and advances Industrial loans 907,938 3,623 + + 442,884 44 740,459 Gold certificates Redemption fund for F. R. notes Total gold certificate reserves U. S. Government securities: Bills Certificates Notes Bonds Total U. S» Government securities 514,754 4,995,716 13,773,671 4,521,975 23.006,lib Total loans and securities Due from foreign tanks F. R. notes of other banks Uncollected cash items Bank premises Other assets TOTAL ASSETS 24,717,677 23 156,921 3,593,340 49,546 174,918 50,405,151 T 25,559,767 - 19,629,310 329,018 567,943 342,565 20,865,636 2,884,524 16,775 49,329,902 + + + 2+ +_ + 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 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 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined Contingent liability on acceptances purchased for foreign correspondents Industrial loan commitments 46.0# 30,349 1,506 + 514,754 - 6,794,590 + 8,705,598 - 1,113,848 + 1,311,914 + 2,050,867 5 442,928 9,012 + + 397,887 195 8,446 29,022 13,506 + 191,307 + 5,089 + 25,869 + 1,527,115 3,237 + 1,174,268 323,956 42,534 17,980 22,712 51,740 5,646 141,311 72,505 1*559 382,911 358,336 425 21,763 106 257,007 584,676 27,543 206,023 50,405,151 48,181 + - 2,8l8 - + 7,153 29,022 208,580 + 970 + 1,456,323 + + M + + + + i4,666 46,334 9,792 + + 1,527,115 - 760 + 5 - 2.9# 22,253 3,687 MATURITY DISTRIBUTION OF LOANS AND SECURITIES, APRIL 8, 1953 (Callable Government securities classified according to nearest call date) IHrw Over 1 year to 5 years Over 5 years to 10 years Discounts and advances : Industrial loans U. S. Government securities "? 1:1 .=:!! — — 162 — i oca'ow STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS1 (Mi APRIL 8, 1953 (In thousands of dollars) H.4.1(b) ASSETS Total Boston 20,614,103 649,578 747,167 63,223 -Total gold certificate 21,361,270 reserves 712,801 Gold certificates Redemption fund for F. R. notes 25,002 351,456 Other cash 16,515 907,938 Discounts and advances 3,623 Industrial loans U. S. Govt, securities; 514,754 Bills 4,995,716 365,480 Certificates 13,773,671 1007,640 Notes 4,521,975 330,814 Bonds Total U. S. Government 30Ver K ° ° - 23,806,1X6 1703,934 ? Wurmes a ^ TOTAL ASSESS 24,717,677 1720,449 New York Phila. Cleve. 6,507,454 1215,273 1481,792 Rich. Atlanta Chicago St.Louis 841,982 83,441 72,208 6,581,739 1274,426 1565,233 914,190 74,285 59,153 Mpls. Kans.Cy. Dallas SanFran, 616,760 2663,191 530,011 321,206 958,780 127,316 51,238 25,245 40,721 707,458 4310,751 581,249 346,451 999,501 644,641 4183,435 62,817 29,859 57,661 646,619 2720,852 14,296 2,388 40,489 27,717 66,719 312,143 24,641 30,128 3,077 30,377 77,620 20,347 23,775 23 30,222 2,413 396 64,488 281,352 18,112 53,695 6,051 46,178 127 10,712 34,014 122,931 1,074,090 2,961,381 972,238 32,244 312,927 49,999 485,249 33,605 87,188 283,252 439,233 36,798 357,123 984,625 323,258 27,913 270,893 746,877 245,204 16,077 156,027 430,179 141,230 20,441 198,379 546,953 179,568 5,130,6*0 1*91,192 2312,359 1701,804 1554,158 3457,586 1290,887 743,513 945,341 1149,383 2325,319 5,442,783 1524,397 2389,979 1725,602 1556,967 3738,938 1344,582 789,818 979,355 1151,771 2353,036 862,769 1337,878 326,140 722,908 899,200 1993,133 295,213 654,357 24,853 62,705 241,198 485,302 665,007 1338,029 218,325 439,283 I -a # 4i # # m # it 4 if i 50,405,151 2756,730 12,840,957 3070,896 4312,372 3016,392 2592,480 8730,367 2129,425 1238,437 2175,824 1990,105 5551,166 l/ After deducting $16,000 participations of other Federal Reserve Banks. STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 8, 1953 (in thousands of dollars) H.4.1(c) LIABILITIES Total Boston New York Fhila. Cleve. Rich. Atlanta Chicago St.Louis Mpls. Kans.Cy. Dallas SanFran. Federal Reserve notes 25,559,767 1571,687 5,623,726 1817,646 2359,112 1781,106 1378,518 4890,024 1190,815 642,931 1007,976 726,436 2569,790 Deposits s Member bank-reserve accts. 19,629,310 824,148 5,906,224 931,914 1506,327 862,740 918,326 3117,603 718,031 460,693 933,836 1009,987 2439,481 9,629 35,344 12,928 17,491 29,752 37,661 32,617 60,597 18,259 29,550 25,576 U.S.Treasurer-general acct. 329,018 19,614 21,557 25,529 57,315 Foreign 567,943 34,605 1/167,978 42,548 52,192 28,365 24,394 77,720 21,557 14,183 1.186 2.952 948 31.951 786 617 8.881 279.219 1.801 4.531 5.610 4.063 Other 342.565 Tnt.ai deposits 20,868,836 882,430 6,414,018 994,522 1592,600 922,291 953,135 3231,304 761,397 493,553 988,097 1074,125 2561,364 Deferred avail, cash items 2,884,524 233,943 497,702 178,338 259,629 254,046 209,907 458,123 132,203 72,090 137,270 139,555 311,718 Other liabilities and 656 1.310 548 814 2.600 705 584 935 1.692 accrued dividends 16.775 985 5«912 -22k TOTAL LIABILITIES Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Contingent liability on acceptances purchased for foreign correspondents Industrial loan commitments 49,329,902 2689,045 12,540,458 2991,440 4213,033 2958,378 2542,374 8582,051 2085,120 1209,158 2133,891 1940,772 5444,182 5,785 9,722 12,631 27,920 8,891 257,007 13,775 81,282 17,465 24,569 11,179 10,889 32,899 15,131 21,925 25,381 57,325 43,578 54,064 29,248 25,803 84,628 23,628 584,676 36,462 167,503 1,073 1,137 1,307 2,140 4,489 1,006 3,349 762 1,429 521 27,543 3,011 7,319 7.290 9.1L9 10.OIL 19.599 13.924 19.700 14.238 12.652 29.360 11.265 206.023 14.437 44.395 50,405,151 2756,730 12,840,957 3070,896 4312,372 3016,392 2592,480 8730,367 2129,425 1238,437 2175,824 1990,105 5551,166 30,349 2,818 1,835 2,256 1,163 2/9,142 2,767 749 1,504 53 1,294 4,121 1,143 109 752 1,143 744 1,354 3,038 FEDERAL RESERVE AGENTS* ACCOUNTS F. R. notes outstanding Collateral for F.R. notes: Gold certificates Eligible paper U. S. Govt, securities Total collateral 26,561,257 1627,243 5,849,688 1888,334 2438,276 1885,125 1449,556 4994,882 1239,883 655,496 1039,337 762,955 2730,482 12,624,000 400,000 4,520,000 745,000 820,000 500,000 310,000 2700,000 280,000 155,000 280,000 214,000 1700,000 53,030 45,740 33,343 22,900 301,130 28,815 524,356 15,448 ,ov.wv .Liuu.uvu X . 5 0 q ! 0 0 0 120q!000 1700.000 1450.000 1200.000 2400.000 1025.000 505,000 800,000 580,000 l l 0 0 ^ 1L. 760.000 1300.000 27,908,356 1715,448 6,321,130 1973,815 2520,000 1972,900 1510,000 5100,000 1358,030 705,740 1113,343 794,000 2823,950 ' — — —* — vx * #•<. #•» «<"v rt/NA t " MVII IT. f » 1/ After deducting $399,946,000 participations of other Federal Reserve Banks. 2/ After deducting $21,207,000 participations of other Federal Reserve Banks. ^ ^ Y y y vz
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