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 (For Immediate Release) December 6, 1951 CONDITION OF THE FEDERAL RESERVE BANKS Member Bank Reserves and Related Items During the week ended December 5# Member bank reserves increased $316 million. The principal changes supplying reserves were increases of $402 million in Reserve Bank credit and $49 million in gold stock, and a decrease of $47 million in Treasury deposits with Federal Reserve Banks. The principal offsetting changes were increases of $149 million in Money in circulation, $21 million in Foreign deposits with Federal Reserve Banks, and $16 million in Other deposits with Federal Reserve Banks. The increase of $402 million in Reserve Bank credit resulted from an increase of $475 million in Loans, discounts and advances and a decrease of $74 million in Float. Holdings of U. S. Government securities reflect an increase of $23 million in bonds and a decrease of $23 million in certificates. Member Bank Reserves and Related Items Dec. 5, 1951 Change since Dec. 6, Nov. 28, 1950 1951 (In millions of dollars) Reserve Bank credit: U. S. Government securities Loans, discounts and advances Float Total Gold stock Treasury currency outstanding 23,239 963 879 25,081 22,381 4,699 +475 - 74 +402 + 49 + 6 +3;,000 + 851 + 308 ,159 595 + 71 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) 28,891 1,292 501 570 217 770 +149 + 4 - 47 + 21 + 16 - 4 ,193 2 39 358 75 + 45 Member bank reserves 19,919 +316 +2,,870 19,149 770 - 15 +331 +3;,049 179 583 -111 - 105 Required reserves (estimated) Excess reserves (estimated) Daily average excess reserves (estimated) - - H.U.l(a) STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (in thousands of dollars) December 5, 1951 ASSETS Gold certificates Redemption fund for F. R. notes Total gold certificate reserves 20,480,180 685,436 21,165,616 Change since November 28, December 6, 1951 1950 49,997 + - 703,220 134,665 568,555 4,645 + 65,097 475,790 15 + + 849,029 2,034 + 49;997 + Other cash 296,895 Discounts and advances Industrial loans U. S. Government securities: Bills Certificates Notes Bonds Total U. S. Government securities 958,925 4,370 116,970 12,696,598 5,068,073 5,357,277 23,238,918 Total loans and securities Due from foreign banks F. R. notes of other banks Uncollected cash items Bank premises Other assets TOTAL ASSETS 24,202,213 28 165,001 3,503,059 43,107 162,992 49,538,911 475,775 5 15,173 124,627 + 74 49,188 + 390,584 + 3,851,292 + 4 + 30,785 + 483,760 + 5,445 + 21,940 + 3,889,768 24,731,017 + 129,029 + 1,243,020 .19,918,897 501,457 570,096 216,625 21,207,075 2,624,312 18,127 48,580,531 + 316,335 46,925 21,273 15,535 306,218 50,490 507 384,250 + 2,870,196 38,806 - 357,409 75,613 + 2,398,368 + 176,141 + 6,495 + 3,824,024 LIABILITIES 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 CAPITAL ACCOUNTS 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 235,460 510,022 27,543 185,355 - + - mm mm - 23,000 + 23,000 — — — — — — + - - • - + + + - + + + + + + + 13,425 21,849 * — — — kG.Vfo 19 ooi 6^ 442 187 — *• — - 980,676 +11,086,448 - 7,891,945 + 786,402 + 3,000,229 6,147 + — ~ 30,470 .3% 5.3# 1,268 17 3,468 2,982 MATURITY DISTRIBUTION OF LOANS AND SECURITIES. DECEMBER 5, 1951 (Callable Government securities classified according to nearest call date) 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 Discounts and advances Indus trial loans 934,780 23,898 247 670 905 1,648 1,147 958,925 4,370 U. S. Government securities 62,000 77,970 14,066,123 5,396,456 1,013,614 2,622,755 23,238,918 H.4.1(b) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON DECEMBER 5, 1951 (In thousands of dollars) ASSETS Total Gold certificates Redemption fund for F. R. notes New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Mpls. Kans.Cy. Dallas SanFran. 20,480,180 665,247 6,556,305 1123,396 1525,172 964,774 932,884 4122,526 582,331 359,698 672,178 615,l4o 2360,529 685.436 3 vo 1—i <M i Total gold certificate reserves Boston 63.293 65.021 55.242 75.068 66.l6l 46.534 111.^47 47.464 ?4.qfift 17.970 on 700 —•... ' A * ; A? ten 728,540 6,621,326 1178,638 1600,240 1030,935 979,418 4235,873 629,795 384,286 709,448 642,930 2424,187 Other cash 68,489 1 5 , m 296,895 18,198 20,773 18,183 21,794 55,386 16,017 6,229 10,526 16,596 Discounts and advances 363,085 68,935 49,200 15,350 11,464 175,821 39,555 958,925 12,625 4,700 66,190 2,000 Industrial loans 4,370 20 88 23 3,426 639 136 38 U. S. Govt, securities: Bills 116,970 34,251 7,360 10,926 6,312 17,654 7,777 3,714 6,377 5,507 5,598 Certificates 12,696,598 887,227 2,853,089 798,870 1185,989 844,235 685,096 1893,761 692,207 403,066 597,807 607,557 Notes 5,068,073 354,152 1,138,862 318,883 473,409 336,991 273,468 755,928 276,306 160,891 238,625 242,518 Bonds 5.357,277 374,361 1,203,850 337,080 500,423 356,222 289,073 799,065 292,073 170,072 252,242 256,356 29,593 150,000 11,494 1247,694 498,040 526,460 Total U. S. Government securities 23,238,918 1615,740 5,230,052 1462,193 2170,747 1545,225 1253,949 3466,408 1266,963 737,743 1094,181 1112,029 2283,688 Total loans and securities — — 24,202,213 1628,365 5,593,160 1534,554 2219,967 1560,663 1266,052 3642,229 1306,518 7^2,579 1160,371 1114,067 2433,688 Due from foreign banks 28 2 F.R.notes of other banks 165,001 5,542 Uncollected cash items 3,503,059 279,703 Bank premises 43,107 1,022 Other assets 162,992 12,484 TOTAL ASSETS 1/ 8 2 3 1 1 4 1 1 1 1 3 22%642 6,447 7,687 40,719 13,370 17,026 7,169 7,04l 8,000 12,028 17,330 644,643 206,919 328,251 285,792 213,877 566,116 164,854 113,152 229,968 150,289 319,495 7,668 2,859 4,662 4,107 2,75% 6,269 3,287 1,085 2,448 654 6,292 35,813 10,085 15,967 10.769 8,895 24,163 8,472 5,015 7.706 7,560 16.063 49,538,911 2673,856 12,993,749 2954,615 4197,550 2951,169 2506,161 6547,066 2136,113 1259,388 2128,468 1944,125 5246,651 l/ After deducting $20,000 participations of other Federal Reserve Banks, STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON DECEMBER 5, 1951 (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 Mpls. Kana.Cy. Dallas SanFran. 24,731,017 1504,993 5,471,752 1745,789 2239,140 1772,722 1364,096 4703,264 1152,530 629,655 967,706 698,474 2480,896 Federal Reserve notes Deposits: Member bank-reserve accts. 19,918,897 812,119 6,400,880 906,649 1519,173 846,869 862,995 3128,377 749,027 467,811 897,578 1022,059 2305,360 39,987 79,204 4l,161 33,313 26,806 25,563 30,196 U.S.Treasurer-general acct. 501,457 25,359 88,438 24,500 41,675 45,255 52,563 28,260 23,738 77,998 20,912 14,130 20,912 20,912 Foreign 570,096 35,042 1/17.8,400 44,651 52,578 1,979 2,117 8,873 1,682 1,690 1,470 5,052 4,294 Other 216,625 4,251 144,230 2,512 38,475 516,936 85,965 946,986 1075,679 2441,668 174,793 131,254 233,239 Total deposits Deferred avail, cash items Other liabilities and jaccrued dividends 21,207,075 876,771 6,811,948 977,270 1618,463 904,986 928,699 3287,696 819,973 429,094 156,693 249,212 221,204 169,274 420,575 123,513 2,624,312 229,496 3QTAL LIABILITIES Capital paid in Sta-plus (Section 7) Surplus (Section 13b) Other -capital accounts .TOTAL LIABILITIES AND GAgHAL ACCOUNTS 48,580,531 2612,649 12,717,585 2880,793 4108,923 2899,815 2462,848 84l4,135 2096,759 1233,14? 2090,179 1906,090 5157,608 235,460 12,957 75,214 16,745 22,401 10,324 9,671 30,084 8,319 5,333 8,793 10,657 24,962 39,710 48,014 25,167 22,369 75,345 20,295 13,168 19,047 16,852 44,519 510,022 32,246 153,290 27,543 3,011 7,319 4,489 1,006 3,349 762 1,429 521 1,073 1,137 1,307 2,l4o 185,355 12,993 40,341 12,878 17,206 12,514 10,511 26,073 10,219 6,667 9,312 9,219 17,422 Contingent liability on acceptances purchased for foreign correspondents Industrial loan commitments 18,127 1,389 4,791 l,04l 2,108 903 779 2,600 743 591 694 683 1,805 49,538,911 2673,856 12,993,749 2954,615 4197,550 2951,169 2506,161 8547,066 2136,113 1259,388 2128,468 1944,125 5246,651 19,001 6,442 1,178 2/5,834 1,501 1,652 1,767 952 950 66 798 2,622 2,487 703 475 703 835 703 1,767 450 FEDERAL RESERVE AGENTS' ACCOUNTS F. R. notes outstanding Collateral for F.R. notes: Gold certificates Eligible paper U. S. Govt, securities Total collateral 25,583,214 1543,551 5,708,890 1803,878 2312,189 1817,425 1403,141 4807,528 1198,559 639,140 991,794 740,375 2616,744 12,514,000 350,000 4,470,000 725,000 815,000 565,000 510,000 2670,000 270,000 150,000 280,000 209,000 1500,000 150,000 353,160 68,935 — 14,425 — — 39,555 4,450 66,190 709,340 12,625 13,600,000 1300,000 1,300,000 1100,000 1500,000 1275,000 950,000 2200,000 975,000 505,000 750,000 545,000 1200,000 26,823,340 1662,625 6,123,160 1893,935 2315,000 1854,425 1460,000 4870,000 1284,555 659,450 1096,190 754,000 2850,000 1/ After deducting $391,684,000 participations of other Federal Reserve Banks. 2/ After deducting $13,167,000 participations of other Federal Reserve Banks.
@FedFRASER