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BOABD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.4.1

(For Immediate Release)

December 4, 1952.

CONDITION OF THE FEDERAL RESERVE BANKS
Member Bank Reserves and Related Items
During the week ended December 3> Member Bank reserves increased
$22 million. The principal changes supplying reserves were an increase of
$4^0 million in Reserve Bank credit and a decrease of $123 million in Other
deposits with Federal Reserve Banks. The principal offsetting changes were
increases of $402 million in Treasury deposits with Federal Reserve Banks,
$122 million in Money in circulation, $23 million in Foreign deposits with
Federal Reserve Banks, and $11 million in Treasury cash holdings.
The increase of $450 million in Reserve Bank credit resulted from
increases of $267 million in Float and $207 million in U. S. Government
securities and a decrease of $24 million in Loans, discounts and advances.
Holdings of U. S. Government securities reflected increases of $147 million
in bills, $48 million in certificates, and $12 million in bonds.

Member Bank Reserves
and Related Items

Dec. 3,
1952

Change since
Nov. 26,
Dec. 5
1951
1952

(In millions of dollars)
Reserve Bank credit:
U. S. Government securities
Loans, discounts and advances
Float
Total
Gold stock
Treasury currency outstanding

23,968
1,595
1,188
26,751
23,337
4,803

+ 6

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)

30,274
1,278
719
734
147
800

+122
+ 11
+402
+ 23*
-123*
- 1

+ . 30

Member bank reserves

20,939

+ 22

+1,020

20,279

- 35
+ 57

+1,083

Required reserves (estimated)
Excess reserves (estimated)
Daily average excess reserves (estimated)
* November 26 figures revised.




673

+207
- 24

+267

+450
- 1

— —

+ 729
+ 632
+ 309
+1,670
+ 956
+ 104
+1,383
14
+ 218
+ 164
70

-

63

+ 138

H.4.1(a)

STATEMENT OF CONDITION
OF THE TWELVE FEDERAL RESERVE BANKS COMBINED
(in thousands of dollars)
Change since
Nov, 26,
Dec. 5,
1952
1951

Dec. 3,
1952

A S S E T S
Gold certificates
Redemption fund for F. R. notes
Total gold certificate reserves

21,415,103
729,948
22,145,051

Other cash
Discounts and advances
Industrial loans
U. S. Government securities:
Bills
Certificates
Notes
Bonds
Total U. S. Government securities
Total loans and securities
Due from foreign banks
F. R. notes of other banks
Uncollected cash items
Bank premises
Other assets
TOTAL ASSETS

+
+

285,224

•

1,591,198
3,622

-

588,250 +
5,066,716 +
13,773,671
4,539,475
23,968,112

2,999
3,001
2

+
+
+

9,124

-

23,728
164

+

147,000
48,300

+

— — —

+

12,000
207,300

+

183,408

+

934,923

44,512
979,435

11,671
632,273
748

-

—

471,280

7,629,882

+ 8,705,598
-

+

817,802

729,194

52,318,049

+
+

7,874
202,679

+ 1,360,719
5
174
422,608
+
2,605
+ . 25,621
+ 2,779,138

25,562,932
23
164,827
3,925,667
45,712

188,613

-

+
+

- —

-

5,734
14,791

6

•-

-

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

26,007,090

+

125,141

+ 1,276,073

20,938,761
719,042
734,003
146,586
22,538,392
2,738,027
19,501
51,303,010

+
+
+

21,444
401,641

+ 1,019,864
+
217,585
+
163,907
70,039
+ 1,331,317
+
113,715
+
1,374
+ 2,722,479

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

248,668
538,342
27,543
200,486
52,318,049

Ratio of gold certificate reserves to deposit
and F. R. note liabilities combined
Contingent liability on acceptances purchased
for foreign correspondents
Industrial loan commitments
* November 26 figures revised.

4 5.6%
17,364
3,940

-

+
-

+
+

22,815*
123,676*
322,224
251,481
791
195,093
100

-

+

+

— — —

— w —

+
+

-

-

13,208

28,320
w w w

7,486
202,679
.4%

15,131

+ 2,779,138
.5#

-

15
151

-

1,637
2,502

MATURITY DISTRIBUTION OF LOANS AND SECURITIES, DECEMBER 3, 1952
(Callable Government securities classified according to nearest call date)
Discounts and
advances
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




1,462,194
128,935
69

1,591,198

Industrial
loans

U. S. Government
securities

295
1,283
1,875

4,108,000
10,520,141

169

3,622"

256,300
6,655,200

1,070,224
1,358,247

23,968,112

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON DECEMBER 3, 1952
(in thousands of dollars)

H.4.1(b)
A S S E T S

Gold certificates
Redemption^fund for

Total

Boston

21,41$,103

731,433

? 2 9 , 9 4 8

Total gold certificate
~ reserves
22,145,051
Other cash
285,224
Discounts and advances 1,591,198
Industrial loans
3,622
U. S. Govt, securities:
Bills
588,250
Certificates
5,066,716
Notes
13,773,671
Bonds
4,539,475
T

63,323

794,756
21,330
13,930
-

29,831
354,451
977,256

320,839

°securltie9 G O V e r P m e n ~ 23,968,112 1682,377

Total loans and
securities




Phila.

Cleve,

6>92,420 1250,288 1467,169
77,124

§8,134

82,052

Rich. Atlanta
981,929

80,630

6,569,544 1308,422 1549,221 1062,559
53,635
394,430
-„
264,887
1,224,58?
3,180,547

1,061,692

12,235
19,5§7
57,560
77,160
3,200
-, . ,
26,426
41,971
313,991 498,692
865,703 1374,943
284,215 451,402

Chicago St.Louis

840,442 4417,895
49,741

115,018

576,463

50,068

Mpls. Kans.Cy.

Dallas SanFran.

363,663 736,053 696,305 2861,043
25,613

39,405

29,513

59,327

890,183 4532,913 626,531 389,276 775,458

19,335
23,562 53,298
97,550
74,249 310,5^6
63
277
. . .
.
.
28,4i8
24,336
60,129
337,650 289,147 714,443
930,935 797,206 1969,786
305,631 261,727 646,692

17,575

108,285
- -

5,617
32,315
82

11,063
143,598

22,788 13,384 18,405
270,762 159,018 218,693
746,519 438,430 602,956
245,087

5,731,713 1490,335 2367,008 1602,634 1372,4l6 3391,050 1285,156

143,939

197,954

754,771 1038,008 1086,855 2165,789
„

„

, ,

„

,

. ,

.

25,562,932 1696,307 6,126,143 1551,095 2444,168 1700,24? 1446,942 3701,596 1393,441 787,168 1181,606 1128,165 2406,054

Due from foreign banks
23
iT.R.notes of other banks 164,827
Uncollected cash items 3,925,667
Bank premises
45,712
Other assets
188,613
TOTAL ASSETS

New York

1
3,262
330,575

966

l6,048

l/

7

22,569

767,807

7,734
4l,94l

2
6,218
251,048
3,189
11,445

2
7,137
365,931
4,660

18,867

1
36,559

283,178
4,836

12,576

1
3
19,547
17,543
232,507 690,485
3,830
6,695
11,493
26,360

1
7,149
177,975
3,047

9,683

1
7,063
105,208
1,054
5,809

1
7,023

8,329

1

2,288
8,333

621
9,082

198,661 150,390

. E
22,428
371,902
6,792

16,976

52,318,049 2863,245 13,589,380 3143,654 4409,553 3119,291 2628,065 9028,893 2235,402 1301,196 2184,433 2033,870 5781,067
l/ After deducting $ l6,000 participations of other Federal Reserve Banks.

H.4.1(c)

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON DECEMBER 3, 1952
(in thousands of dollars)
Chicago St.Louis

Mpls. Kans.Cy.-

Dallas SanFran.

26,007,090 1588,218 5,697,082 1839,489 2370,723 1886,559 1431,329 4914,122 1222,344
Federal Reserve notes
Deposits:
Member bank-reserve accts. 20,938,761 864,5*4-6 6,651,596 937,566 1561,481 885,844 895,834 3296,749 763,486
156,848
48,313
60,304
49,822 45,434 135,575 47,578
U.S.Treasurer-general acct.
719,042
35,699
56,363 66,479 36,853 31,072 100,441 27,459
Foreign
734,003
44,801 1/229,610
82,585
2,268
5,439
6,150
2,020
Other
146,586
3,977
7,027
765

648,146 1021,131

762,527 2625,420

L I A B I L I T I E S

Total

Boston

949,023

New York

Phila.

Cleve.

2,004

326

713

33,312

973,105 3534,785 845,550 539,953 982,948 1109,142 2766,365
176,465 436,970 125,014 84,637 139,130 117,611 290,179

22,538,392
2,738,027

261,011

19,501

1,090

TOTAL LIABILITIES
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts
TOTAL LIABILITIES AND
CAPITAL ACCOUNTS

51,303,010 2799,342 13,301,141 3067,161 4315,401 3064,800 2581,731 8888,578 2193,652 1273,579 2143,930 1990,053 5683,642
248,668
13,245
78,319
17,187
23,812
10,969 10,349 32,085
8,634
5,496
9,410
12,201 26,961
538,342 34,192
159,743
41,493
50,648
27,025 23,871 79,601 21,788 14,063 20,367
18,210 47,341

Contingent liability on
acceptances purchased
for foreign correspondents
Industrial loan commitments

27,543

3,011
13,455

5,806

7,319

42,858

1,033

4,489
13,324

2,223

1,006

18,686

978,669
198,515

482,118 914,911 1057,125 2627,505
37,043
40,252
23,845 38,329
18,788 27,459 27,459 67,219

Total deposits
Deferred avail, cash items
Other liabilities and
accrued dividends

200,486

7,120,639 1044,510 1693,703
477,614 182,129 248,752

Rich. Atlanta

832

1,057

3,349

13,148

762

11,352

2,701

1,429

27,200

744

521

10,807

843

1,073

6,985

721

1,137
9,589

773

1,307
12,099

1,678

2,l4o

20,963

52,318,049 2863,245 13,589,380 3143,654 4409,553 3119,291 2628,065 9028,893 2235,402 1301,196 2184,433 2033,870 5781,067

17,364
3,940

1,077

2/5,244

1,354

1,856

1,597
751

886
71

746

2,4l4

126

660

451

660

660

769

1,615
367

656,977 1049,783

796,075 2794,051

FEDERAL RESERVE AGENTS' ACCOUNTS
F. R. notes outstanding
Collateral for F.R. notes:
Gold certificates
Eligible paper
U. S. Govt, securities
Total collateral




26,921,802 1638,212

5,931,143 1893,352 2446,489 1938,312 1490,914 5010,700 1275,794

4,520,000 775,000 810,000 560,000 510,000 2800,000 280,000 160,000 280,000 269,000 1900,000
227,880
370,515
54,050
—
91,255
—
—
106,575
31,145 141,888
1,500,000 1100,000 1650,000 1400,000 1000,000 2300,000 1000,000 505,000 800,000 560,000 1000,000
28,413,448 1711,140 6,390,515 1929,050 2460,000 2051,255 1510,000 5100,000 1386,575 696,145 1221,888 829,000 3127,880

13,264,000 400,000
1,034,448
11,140
14,115,000 1300,000

l/ After deducting $504,375,000 participations of other Federal Reserve Banks.
2/ After deducting $12,120,000 participations of other Federal Reserve Banks.