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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.4.1

(For Immediate Release)

February 7# 1952

CONDITION OF THE FEDERAL RESERVE BANKS
Member Bank Reserves and Related Items
During the week ended February 6, Member bank reserves increased
$135 million. The principal changes supplying reserves were a decrease of
$169 million in Treasury deposits with Federal Reserve Banks and an increase of
$59 million in Gold stock. The principal offsetting changes were a decrease of
$51 million in Reserve Bank credit and increases of $31 million in Money in
circulation and $15 million in Treasury cash holdings.
The decrease of $51 million in Reserve Bank credit resulted from a
decrease of $171 million in U. S, Government securities and increases of
$72 million in Leans, discounts and advances and $47 million in Float. Holdings
of U. S. Government securities reflected a decrease of $171 million in certificates.

Member Bank Reserves
and Related Items

Feb. 6,
1952

Change since
Jan. 30,
Feb. 7,
1952
1951

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

22,614
287
754
23,656
22,990
4,717

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)

28,378
1,317
52
462

Member bank reserves
Required reserves (estimated)
Excess reserves (estimated)
Daily average excess reserves (estimated)




-171

+ 973
- 359
- 219
+ 396
+ 649
+
79

+ 31
+ 15

+1,253

+
+
+
+

72
47
51
59
1

-169

+

10

+

743
425
47
5

20,148

+135

+1,073

19,446- ^
70^0#

- 24
+159

+1,197
- 124

266
741

625

+
-

5
6
1

+

46

H.4.1(a)

STATEMENT OF CONDITION
OF THE TWELVE FEDERAL RESERVE BANKS COMBINED
(In thousands of dollars)
February 6,
1952

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

21,074,252
708,102
21,782,354

Change since
January 30, February 7,
1951
1952
+
-

+

Other cash

422,722

-

Discounts and advances
Industrial loans
U. S. Government securities:
Bills
Certificates
Notes
Bonds
Total U. S. Government securities

282,833
4,529

+
+

12,202,148
5,068,073
5,344,127
22,614,348

Total loans and securities
Due from foreign banks
F. R. notes of other banks
Uncollected cash items
Bank premises
Other assets
TOTAL ASSETS

22,901,710
28
195,903
3,357,931
43,902
174,748
48,879,29$

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

-

H-

72,688
119

+

170,850

-

561,349
110,797
672,146
63,337

360,072
950

l,66l,164
+12,202,148
9,831,710
264,452
+
+
973,726
-

—«- —

-

+
+
+

8,656

•» — —

170,850

66,152

15
7,468
128,971

614,604
+
4
+
+
17,558
+
124,713
+
3,713
48,480
+
+ 1,544,555

13,427

+ 1,287,429

134,822
169,251
5,197
5,994
-35,226
- 113,211
257
- 135,267

+ 1,072,463

98,043
w
-

+
-

24,388,353

+

20,147,740
51#629
462,192
265,752
20,927,313
2,603,9*7
13,276
47,932,889

+
+

240,094
538,342
27,543
140,430
48,879,29#

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

61,998
11,129
50,869

mm

14,442

-

743,806

+
+
+

424,727
47,626
143,696
343,340
. 3,943
1,491,016

328

+
+

12,818
28,320

5,968
128,971

+

12,401

+ 1,544,555

48.1%

12,310
7,162

516
573

15,725
4,215

MATURITY DISTRIBUTION OF LOANS AND SECURITIES, FEBRUARY 6, 1952
(Callable Government securities classified according to nearest call date)
Discounts and
advances
w

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




Industrial
loans

253,654
29,179
-—
—

747
790
1,912
1,080

282,833

4,529

U. S. Government
securities
~~~
3,207,242
10,662,531
5,102,256
1,013,614
2,628,705
22,614,348

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON FEBRUARY 6, 1952
(In thousands of dollars)

1.4.1(13)
A S S E T S
Gold certificates
Redemption fund for
F. R. notes

Total

Boston

New York

Phila.

Cleve.

Rich. Atlanta Chicago St.Louis

Mpls. Kans.Cy.

Dallas SanFran.

21,074,252 682,382 7,206,337 1227,510 1523,592 908,985 787,435 3989,938 561,107 328,440 713,412 584,487 2560,627
708,102

62,365

76,399

55,499

80,896

64,302

Total gold certificate
21,782,354 744,747 7,282,736 1283,009 1604,488 973,287
reserves

49,438 117,066

49,124

24,952

36,995

28,039

63,027

836,873 4107,004 610,231 353,392 750,407 612,526 2623,654

17,042 41,115
8,543
15,491
31,762 75,732 18,450
91,248
33,228
32,253 26,359
31,499
422,722
Other cash
8,000 13,150
37,815
3,050
22,385
9,000
121,550
20,990
17,900
3,635
13,450
11,908
282,833
Discounts and advances
24
131
714
—
75
23
3,562
4,529
Industrial loans
U. S. Govt, securities:
12,202,148 827,221 2,626,768 749,286 1216,529 815,457 717,376 1884,866 669,971 388,040 586,838 576,637 1143,159
Certificates
5,068,073 343,580 1,091,<X)9 311,210 505,277 338,694 297,957 782,865 278,268 161,170 243,739 239,502 474,802
Notes
5.344.127 362,294 1.150.436 328,161 532,799 357,143 314,187 825,507 293,425 169,949 257,015 252,547 500,664
Bonds
Total U. S. Government
22,614,348 1533,095 4,868,213 1388,657 2254,605 1511,294 1329,520 3493,238 1241,664 719,159 1087,592 1068,686 2118,625
securities
T

°secu^itie 8 a ~

Due from foreign banks

22,901,710 1545,003 4,886,136 1395,854 2268,055 1532,359 1339,234 3614,788 1264,049 722,340 1125,407 1076,710 2131,775
28

2

U^llecLd f caSh e items k8 3,357^31
0therPIssetsS
TOTAL ASSETS




174:748

1/

8

2

3

1

1

^

^

313/016

57^244

208^42

291,^8

266^959

23^720

53^219

l44,'l35

12^732

36i576

10!594

18^233

ll',7l£

1M06

26,502

9,324

z

^

1

97,^44 179,'808 168^55
5^409

8*, 541

8^226

345,'371
16^91

48,879,298 2652,071 12,896,241 2940,235 4226,891 2879,654 2480,994 8379,934 2056,389 1194,464 2089,593 1897,957 5184,875
1/ After deducting $20,000 participations of other Federal Reserve Banks.,

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKSON FEBRUARY6, 1952
(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

Mpla

Kans.Gy,

Dallas SanFran.

623,167 960,791 679,807 2427,862
24,388,353 1487,321 5,399,591 1723,733 2223,024 1730,303 1342,211 4652,349 1138,194
Federal Reserve notes
Deposits:
452,286 927,443 1017,181 2325,556
Member bank-reserve accts. 20,147,740 848,742 6,417,677 931,559 1635,593 851,365 879,323 3129,005 731,970
587
1,062
1,7:5
330
1,998
571
1,883
41,468
425
522
537
531
U.S.Treasurer-general acct.
51,629
17,670
17,670
43,260
12,090
28,830 1/137,607 36,270 42,780 23,715 19,995 64,635 17,670
Foreign
462,192
1.695
473
35,602
1,445
1.518
1.895
8,648
199,131
2,188
4,708
4,791
3.658
Other
265,752
466,151 947,395 1036,386 24c6,l"3
Total deposits
20,927,313 881,761 6,795,883 970,442 1683,603 880,408 902,834 3196,106 760,171
118,908
78,535 143,082 143,386 261,5:0
424,751 172,524 230,841 217,764 192,458 398,039
Deferred avail, cash items
2,603,94? 222,149
Other liabilities and
9'4.
5H
529
7 86
2,202
551
684
619
751
1,681
3,227
13.276
810
accrued dividends
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

8248,696 2017,824 1168,639 2051,797 1860,096 5096,454
47,932,889 2592,041 12,623,452 2867,450 4139,149 2829,159 2438,122
5,422
9,071
11,341
25,584
8,434
30,684
9,932
16,868 22,884 10,500
76,305
13,069
240,094
14,063
20,367
18,210
47,341
79,601 21,788
23,871
27,025
50,648
41,493
34,192
159,743
538,342
1,073
1,137
1,307
2,14C
521
1,429
762
1,006
3,349
4,489
3,011
7,319
27,543
13,34o
5,267
7,221
7,003
7,822
19,524
8,307
9,621
13,204
29,422
9,935
9,758
140,430

48,879,298 2652,071 12,896,241 2940,235 4226,891 2879,654 2480,994 8379,934 2056,389 1194,464 2089,593 1897,957 5184,875

12,310
7,162

763

2/3,718

960
2,495

1,132
916

529

628
63

1,7H
2,434

468

320

468
825

468

1,145
429

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




25,5^3,103 1568,889 5,671,412 1801,907 2332,948 1821,160 1404,768 4807,684 1189,816 634,533 989,274 732,269 2588,443
12,684,000
125,358
13r775,000
26,584,358

350,000

4,470,000 750,000 760,000

580,000
15,615

485,000 2570,000 270,000 150,000 280,000 219,000 1800,000

1/ After deducting $324,570,000 participations of other Federal Reserve Banks.
2/ After deducting
$8,592,000 participations of other Federal Reserve Banks.

1