The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.1 August 3, 1950 (For Immediate Release) CONDITION OF THE FEDERAL RESERVE BANKS During the week ended. August 2 member bank reserve balances decreased $20 million. Reductions in member bank reserves resulted from increases of $85 million in money in circulation and $60 million in Treasury deposits with Federal Reserve Banks and a decrease of $21 million in gold stock, offset in part by increases of $126 million in Reserve Bank credit and $4 million in Treasury currency outstanding and decreases of $11 million in Treasury cash holdings and $4 million in nonmember deposits and other Federal Reserve accounts. Excess reserves of member banks on August 2 were estimated to be approximately $860 million. Holdings of loans, discounts and advances decreased $50 million, while holdings of United States Government securities increased $179 million, the latter change reflecting increases of $155 million in bills, $104 million in certificates, and $57 million in notes, and a decrease of $137 million in bonds. Changes in member bank reserve balances and related items during the week and the year ended August 2, 1950, were as follows: Increase or decrease since August 2, I95O July 26, 1950 August 3f 1949 (In millions of dollars) U. S. Government securities Loans, discounts and advances Other Reserve Bank credit 18,143 303 316 +179 - 50 - 3 + + 550 4 95 Total Reserve Bank credit Gold stock Treasury currency outstanding 18,762 24,136 4,609 +126 - 21 - 451 - 426 Member bank reserve balances Money in circulation Treasury cash holdings Treasury deposits with F. R. Banks Nonmember deposits and other F. R, accounts 16,395 27,000 1,304 564 2,244 + 4 + + 20 85 11 60 - 4 + 16 -1,224 - 419 8 + 153 + 637 H. 4* 1(a) j STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) • Increase or decrease since , A S S E T S Gold certificates Redemption fund for F. R. notes Total gold certificate reserves Aug. 2, 1950 July 26, 1950 Aug. 3, 1949 - 383,998 50,107 434,105 - 38,053 22,363,431 522,312 22,885,743 - Other cash 260,740 - Discounts and advances Industrial loans U. S. Govt, securities: Bills Certificates Notes Bonds Total U. S. Government securities 300,628 2,395 - 49,708 281 + + 4,213,247 2,882,550 6,187,400 4,859,900 +155,700 +104,000 + 56,400 -137,200 + 280,452 -3,743,950 +5,833,800 -2,920,300 18,143.097 +178,900 - Total loans and securities Due from foreign banks F . R. notes of other banks Uncollected items Bank premises Other assets 18,446,120 24 130,537 2,833,496 35,584 93,361 +128,911 - - 8,863 + 37,801 + 38 + 4,434 545,859 25 + 13,854 + 582,906 + 2,987 22,357 44,685,605 +148,262 - 440,652 22,836,179 + 67,449 - 474,792 16,394,804 563,837 1,208,702 278,446 18,445,789 2,517,658 + + + + + -1,224,434 + 152,651 + 715,139 146,007 502,651 + 488,517 9,575 43,809,201 - 2,044 +193,977 + 220,179 488,173 27,543 140,509 44,685,605 + + + 13,406 21,462 - 45,745 +148,262 + 12,788 440,652 • 3# + .2$ 168 298 + 4,008 531 TOTAL ASSETS L I A B I L I T I E S Federal Reserve notes Deposits: Member bank-reserve account U. S. Treasurer-general account Foreign Other Total deposits Deferred availability items Other liabilities including 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 Commitments to make industrial loans 9,999 221 - 10,220 - 2,284 1,855 549,998 - 20,228 59,842 34,633 13,483 87,730 40,842 30 — — — - 618 488,308 - - 55-4% 7,751 1,724 3,839 - + - - H.4.1(h) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON AUGUST 2, 1950 (In thousands of dollars) A S S E T S Total Boston 22,363,431 857,765 6,787,477 1248,537 1642,778 1007,941 975,303 4521,092 652,042 459,919 878,284 658,459 2673,834 Total gold certificate 22,885,743 reserves 910,032 6,822,254 1295,471 1703,177 1054,881 1012,057 4601,771 693,740 481,762 912,071 684,664 2713,863 10,767 6,813 9,451 24,042 6,315 208 15,558 1,112 280,185 390,551 272,201 225,679 638,931 232,407 678,034 191,161 266,460 185,713 153,972 435,919 158,563 1,451,437 410,670 572,435 398,968 330,779 936,487 340,641 1,132,804 323,188 450,493 313,979 260,316 736,994 268,077 130,354 88,935 191,260 191,061 150,360 195,507 133,388 286,557 225,514 18,143,097 1249,406 4,244,349 1205,204 1679,939 1170,861 970,746 2748,331 999,688 560,710 840,966 822,698 1650,199 18,446,120 1261,387 4,390,386 1210,88? 1693,052 1174,915 977,761 2805,357 1023,730 567,233 856,524 823,810 1661,078 * j- Gold certificates New York Phlla. Cleve. Rich. Atlanta Chicago St«Louis Mpls. Kans.Cy. Dallas SanFran. Redemption fund for F. R. notes 260,740 Other cash 300,628 Discounts and advances Industrial loans 2,395 U. S, Govt, securities 4,213,247 Bills 2,882,550 Certificates Notes 6,187,400 Bonds 4,859,900 Total U.S.Government securitie^ YernmeD securities"""" Due from foreign hanks 25,160 11,981 52,979 166,008 29 290,461 198,171 425,732 335,*2 24 2 TOTAL ASSETS S 22,629 13,112 1 15,676 3,935 119 18,071 7,010 5 40,147 57,026 982,074 l/ 7 >8:8 a 17,376 3,650 2,033 a 2 ««:» i:jS 2 1 i»:S S:S 1 >S;S 1:3 i « „ 3 } i ; S «.:» S 12,091 29,580 10,879 383,637 130,491 261,743 280,332 562,301 220,615 442,518 1 .i 2 ,,, » ; > i g W 44,685,605 2427,563 11,832,287 2736,716 3695,399 2511,437 2200,898 7971,515 1895,548 1149,899 1925,544 1665,892 4672,907 1/ After deducting $17,000 participations of other Federal Reserve Banks. H.4.1(c) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON AUGUST 2, 1950 (In thousands of dollars) Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Mpls. Kans.Cy. 22,836,179 1303,143 5,141,188 1603,028 2038,647 1506,166 1253,206 4454,323 1043,902 593,574 905,185 L I A B I L I T I E S Federal Reserve notes Deposits: Member bank-reserve acct. 16,394,804 U.S.Treasurer-general acct. 5 6 3 , 8 3 7 Foreign 1,208,702 Other 278,446 678,818 33,556 75,795 4,215 5,318,219 82,049 1/383,354 216,141 762,895 1191,345 38,638 49,379 96,248 109,482 2,340 5,018 661,938 22,346 60,155 3,020 656,593 2695,232 40,542 99,241 50,530 166,028 558,320 51,931 43,312 389,995 41,216 768,368 32,036 44,515 2,223 Dallas SanFran. 614,386 2299,431 818,549 1894,532 28,934 43,969 42,108 107,097 587 30.771 30,078 405 6,782 4,701 2,243 Total deposits 18,445,789 792,384 5,999,763 900,121 1355,224 747,459 748,070 2967,283 658,264 463,532 847,142 890,178 2076,369 Deferred availability items 2,517,658 195,354 >*29,942 164,568 220,031 211,093 160,373 427,388 158,241 68,743 138,690 127,530 215,705 Other liabilities including accrued dividends 9.575 §§! 2,188 498 1,192 495 436 1,642 446 320 4o8 361 724 43,809,201 2371,746 11,573,001 2668,215 3615,094 2465,213 2162,085 7850,636 1860,853 1126,169 1891,425 1632,455 4592,229 220,179 12,183 73,133 15,528 20,364 9,638 8,748 28,112 7,222 4,928 7,842 9,350 23,131 488,173 30,778 148,149 38,205 45,957 23,779 21,194 72,029 19,118 12,494 18,045 15,873 42,552 27,543 3,011 7,319 4,489 1,006 3,349 762 1,429 521 1,073 1,137 2,140 1,307 140,509 9,845 30,605 10,279 12,978 9,458 8,109 19,309 7,834 5,235 7,095 6,907 12,855 TOTAL LIABILITIES Capital paid in Surplus (Section 7 ) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 44,685,605 Contingent liability on acceptances purchased for foreign correspondents 7,751 Commitments to make 1,724 industrial loans 23,619,964 F.R. notes outstanding Collateral for F.R. notes held by F.R. Agents: 14,304,000 Gold certificates 208,245 Eligible paper 10,550,000 U.S. Govt, securities 2427,563 II;§32,287 2736,716 3^95,399,2511,437 2200,898 7971,515 1895,548 1149,899 1925,544 1665,892 4672,907 488 Discounts and advances Industrial loans U.S. Govt, securities Total 300,628 2,395 18,143,097 705 388 325 1,070 279 194 287 271 690 1439,305 820 450 60 —272 5,280,076 1657,376 2117,601 1564,829 1313,609 4534,267 1085,603 609,099 933,137 440,000 10,910 1100,000 4,770,000 750,000 925,000 670,000 675,000 2980,000 400,000 210,000 280,000 204,000 2000,000 140,645 2,290 — 2,785 ---• — 23,430 5,890 14,929 --7,366 700,000 1000,000 1250,000 950,000 700,000 1600,000 800,000 450,000 700,000 500,000 800,000 / / 620 Within 15 days 277,564 37 1,183,067 MATURITY DISTRIBUTION OF LOANS AND SECURITIES 31 to 61 to 91 days to 6 months 30 days 60 days 90 days 6 months to 1 year 19,820 1,470 1,714 60 448 199 150 292 179 757,818 3,497,302 1,065,760 1,067,0$0 5,381,200 1/ After deducting $825,327,000 participations of other Federal 2/ After deducting $5,317,000 participations of other Federal 16 to 1 to 2 years 122 649,371 2435,691 2 to 5 years 323 767 243,300 2,187,300 Reserve Banks. Reserve Banks. Over 5 years 2,760,300
@FedFRASER