The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL H.4.! RESERVE Factors Affecting Bank Reserves and Condition Statement of F.R. Banks For immediate release December 31, 1964 The average of daily figures of total member bank reserves held during the week ended December 30 increased $183 million to $22,029 million. Estimated currency and coin of member banks increased $5 million and their reserve balances at the Federal Reserve Banks increased $178 million. Estimated required reserves decreased $17 million; and estimated excess reserves increased $200 million to $609 million. Excess reserves exceeded member bank borrowings at the Federal Reserve Banks by $105 million, compared with the revised figure of $152 million the week before. The principal changes supplying average reserve balances with Federal He* serve Banks were increases of $247 million in member bank borrowings and $100 mil-' lion in U, S. Government securities held under repurchase agreements, and a decrease of $6l million in "other" F. R. accounts (net). The principal offsetting changes were a decrease of $90 million in U. S. Government securities bought outright and an increase of $77 million in foreign deposits with Federal Reserve Banks. Total Reserve Bank credit increased $234 million. As of bought outright securities held bank borrowings Wednesday, December 30, holdings of U. S. Government securities were $112 million lower than a week earlier, U. S. Government under repurchase agreements were $155 million lower, and member were $142 million lower. Member bank reserves, Reserve Bank credit, and related items Reserve Bank credit: U. S. Government securities~ Bought outright--System account Held under repurchase agreements Acceptances-Bought outright Held under repurchase agreements Discounts and advancesMember bank borrowings Other Flcat Total Reserve Bank credit Gold stock Treasury currency outstanding Currency 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) Member bank reserves: With Federal Reserve Banks Currency and coin (estimated) Total reserves held Required reserves (estimated) Excess reserves (estimated) Averages of daily figures Week ended Change from week ended Wednesday, Dec. 23, Jan. 1, Dec. 30, Dec. 30, 1964 1964 1964 1964 (In millions of dollars) 36,570 366 - 90 +100 53 2 + 1 + 2 504 31 2,884 +247 - 3 15,388 5,397 61,19^ 1 2 +3,007 + 274 - 14 • 86 3 - 7 +228 39,852 620 990 221 177 996 42,856" + + + + - 61 + 51 +2,122 + 239 + 63 + 36 - 50 - 146 +2,264" 18,338 3,691 22,029 21,420 609 +178 + 5 +I83 - 17 +200 + + + - - 6 56 10 327 30 2,502 39^BH 15,388 5,U05 "60T81 +23^ + 1 18 12 12 77 36,5C6 257 685 105 580 757 1 177 i 39,775 642 75^ 228 188 1,067 w,m 17,826 4,368 22,194 21,5^5 On December 30, 1964, U. S. Government securities held in custody by the Federal Reserve Banks for foreign account were $8,515 million, a decrease of $21 million for the week and a decrease of $160 million from the comparable date a year ago. 649 H. k. 1(a) CONSOLIDATED STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS ASSETS Dec* 30, 196U Gold certificate account Redemption fund for P. R. notes Total gold certificate reserves Cash Discounts and advances Acceptances: Bought outright Held under repurchase agreements U. S* Government securities: Bought outright-Bills Certificates Notes Bonds Total bought outright Held under repurchase agreements Total U» S* Government securities Total loans and securities Cash items in process of collection Bank premises Other assets TOTAL ASSETS L I A B I L I T I E S Federal Reserve notes Deposits: Member hank reserves U. S. Treasurer--general account Foreign Other Total deposits Deferred availability cash items Other liabilities and accrued dividends TOTAL LIABILITIES C A P I T A L A C C O U N T S Capital paid in Surplus Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 13>505 1,570 15.075 (6CO) 131 357 56 10 Change since Dec!• 23, Dec. 31, 1964 1963 ~ 1 - 314 + 1 — + 152 - 152 + 17 - 148 + 51 294 + + • 14 82 3 10 +1,902 25,188 5,27^ 36,506 257 36,763 37,186 * 112 — — — - 112 - 155 - 267 - 402 +3,368 (1^86) 7,017 103 625 (2,086) 60,137 - 588 -51 -1,G2k + (600) 3 M 3 1 165 17,826 • 321 - 164 + 22 + 25 - ~^8" 6,okk -- 75^ 228 188 18,996 <1,W6) 4,515 , khk -7,c66 +7,459 + 629 +2,924 + 246 +3A70 582 1 + 225 +3,961 +2,450 + - 777 126 + 57 + 103 605 + + 680 48 130 -- (2,086) 587^72 -1 ,047 +3,783 524 990 151 2 27 -- -+ 151 +3,961 (2,086) 60,13? + 21 ^I ,024 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined (computed from figures as shown en the following pages—not consolidated) 27.7$ .3$ - 2,0$ Contingent liability on acceptances purchased for foreign correspondents 123 1 + 31 * Figures in parentheses are the eliminations made in the consolidating process; see comparable figures on combined basis en the following pages* % MATURITY DISTRIBUTION OF LOANS AND SECURITIES, DECEMBER 30, 1955 (Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements.) U. Si Government securities Discounts and Changes Holdings advance?s Acceptances _^_____^__. during week 20 1,136 325 Within 15 days 325 20 1,136 -208 3,523 32 16 days to 90 days 32 k6 3,523 + 26 ..16,506 91 days to 1 year --16,506 - 35 -13,506 Over 1 year to 5 years -irs 1,797 Over 5 years to 10 years „ -295 Over 10 years 357 36/FS3 6S Total ?57 ES T67^t ^2&7 STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON DECEMBER 30, 1964 H.4.1<b) Total Boston New York Philadelphia Cleve- Rich- Atlanta Chicago land mond (in millions of dollars) St. Louis Minneapolis Kansas Dallas City San Francisco A S S E T S 13,505 1,570 15,075 726 90 816 3,399 F. R. notes of other Banks Other cash 6co Discounts and advances Acceptances; Bought outright Held under repurchase agreements U. S. Government securities: Bought outright-Bills Certificates Notes Bonds Total Held under repurchase agreements 1,055 3,754 712 86 798 131 4l 7 164 25 357 48 56 10 138 948 133 1,193 1,681 726 95 821 39 4 37 9 48 12 58 12 54 25 27 6 160 20 3 4 12 53 4 -— 56 10 — -- __ -- -__ -- 6,okk 317 1,1*5 331 506 436 343 1,052 237 126 234 -- -- — — -- -- -- -- -- -- 25,188 5,274 36,506 1,320 1,381 1,817 1,430 4,382 44l 381 299 917 976 205 928 194 2,002 3,055 2,634 2,072 6,351 1,434 526 110 762 3,307 290 990 207 1,913 6,023 1,261 8,729 1,^15 1,3^5 4,79^ 257 -- 257 -- -- -- __ -._ -- __ ~_ -.- Total U. S. Government securities 36,763 1,913 8,986 2,002 3,055 2,634 2,072 6,35,1 , 1,434 762 1,415 1,345 4,794 Total loans and securities 37,186 1,961 9,212 2,022 3,058 2,638 2,084 6,4o4 1,^38 763 1,1+29 1,367 4,810 8,503 634 3 31 1,666 465 3 34 630 6 55 609 5 38 663 19 35 1,335 8 158 22 95 385 6 23 239 4 14 566 6 29 449 11 31 842 10 82 3, ^93 15,007 3,365 4,988 ^,431 3,692 10,484 2,508 1,358 2,703 2,460 7,73^ Gold certificate account Redemption fund for F. R. notes Total gold certificate reserves Cash items in process of collection Bank premises Other assets TOTAL ASSETS -~ 103 625 62,223 276 355 2,108 2,549 560 63 623 280 28 308 586 63 649 520 51 571 1,912 26 4 19 5 28 3 59 19 14 22 16 --- __ -- --- __ -- 223 79^ 2,262 287 — -- 1,731 181 -- 693 H. 4.1(c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON DECEMBER 30, 1964 Total Boston New York Philadelphia Cleveland 1 RichAtlanta 1 Chicago| •St. mond Louis Minneapolis Kansas Dallas City ! (in millions of dollars) L I A B I L I T I E S Federal Reserve notes Deposits: Member bank reserves U. S. Treasurer-general *account Foreign Other Total deposits Deferred availability cash items Other liabilities and accriued dividends TOTAL LIABILITIES San Fran1 cisco i 35,431 2,091 8,257 2,085 3,014 3,024 2,091 6,401 l,4i4 632 1,349 1,092 3,981 17,826 754 228 188 18,996 4,987 114 1/67 12 ^ 5,291 989 739 51 12 1 803 1,219 68 20 2,679 91 31 2 677 58 7 919 37 13 2,771 2,803 377 1,019 478 1,019 1 743 289 443 47 5 1 496 856 1,307 506 8cc 71 11 4 886 427 972 34 12 1 6,001 764 46 11 # 821 496 189 130 60,558 6 3,414 33 14,570 7 3,272 13 4,840 9 h,-ik6 7 3,595 21 10,244 5 2,451 524 990 151 25 47 137 264 36 29 55 9 47 90 11 26 49 10 31 56 10 75 140 25 18 • * 69 969 68 29 52 2,920 339 299 593 3 1,320 5 2,631 5 2,365 16 7,510 12 23 3 23 h3 6 31 57 70 132 22 10 3 938 CAPITAL ACCOUNTS Capital paid in Surplus Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Contingent liability on ac<=eptances purchased for fore ign correspondents 62,223 123 1 T 3,493 15,007 6 -_j/32_ V 7 3,365 _JbJ.88__JbA31___i.i22_ 10,484 _2^08_ _i,35B_-_2J03_ 2,46o . 7,734 7 11 6 7. 17 4 3 5. 7 17 ,. FEDERAL RESERVE AGENT'S ACCOUNTS F. R. notes outstanding Collateral for F. R. notes: Gold certificate account E l i g i b l e paper U. S. Government s e c u r i t i e s Total c o l l a t e r a l 2,185 8,737 2,139 3,222 3,128 2,203 6,730 1,487 652 l,4c6 1,169 4,203 1,730 500 1,100 280 112 225 180 735 2,77.5„ 615 3 2,531 340 7,200 450 18 1,600 1,900 5,700 1,260 545 1.200 1,050 3,700 8,930 2,268 3,275 3,153 2,240 6,8co 1,543 657 1,425 1,230 4,435 1/ After deducting $l6l million participations of other Federal Reserve Banks. 2/ After deducting $ 90 million participations of other Federal Reserve Banks. 3 * Less than $500,000.
@FedFRASER