The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE Factors Affecting Bank Reserves and Condition Statement of F.R. Banks h ,5.i For immediate release January 17, 1963 The average of daily figures of total member bank reserves held^during the week ended January l6 decreased $240 million to $20,060 million. Estimated currency and coin of member banks decreased $10 million and their reserve balances at the Federal Reserve Banks decreased $230 million. Estimated required reserves decreased $278 million; and estimated excess reserves increased $38 million to $^79 million. Excess reserves exceeded member bank borrowings at the Federal Reserve Banks by $500 million, compared with the revised figure of $378 million the week before. The principal changes reducing average reserve balances with Federal Reserve Banks were decreases of $330 million in Federal Reserve float and $177 million in U. S. Government securities bought outright, and an increase of $56 million in Treasury deposits with Federal Reserve Banks. The principal off setting changeevas a decrease of $328 million in currency in circulation. Total Reserve Bank credit decreased $502 million. As of Wednesday, January l6, holdings of U. S. Government securities bought outright were $228 million lower than a week earlier and member bank borrowings were $13 million higher. Outright uoldings of bills and notes decreased $213 million and $15 million, respectively. Member bank reserves, Reserve Bank credit, and related items Reserve Bank credit: U. S. Government securities-Bought outright--System account Held under repurchase agreement Acceptances-Bought outright Held under repurchase agreement Discounts and advances— Member bank borrowings Other Float 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, January 9, January 17, Jan. l6, Jan. l 6, 1963 .. 1963____ ___1962 (In millions of dollars) + 1,726 19 30,038 11 25 59 23 + 10 19 + 522 + 2,255 - 876 23 +1,355 87 1 1 2,175 3273S3 15*928 5,565 53,876 + 1,308 28 + 332 35,559 i+25 37,383 -328 - 11 + 56 + 6 - 8 - 11 -296 16,927 3,133 -230 - 10 + + + - 30,227 — 61 25 19 l 2,392 327785 15,963 5,563 55,310 35,695 5l2 767 232 298 98O 20,066 19,581 579 -177 — + - 2 5 + 16 - 1 -336 -502 - 15 - 9 I 52S 1255 -278 + 38 + + —— 780 200 + 6 287 60 ___ 95§ 37,199 +1,558 203 207 5 16,677 129 125 19,683 355 3,350 20,027 On January 16, 1963, U. S. Government securities held in custody by the Federal Reserve Banks for foreign account were $7,138 million, an increase of $lfor6l million for the week and an increase of $1,621 million from the comparable Digitized FRASER http://fraser.stlouisfed.org/ date a year ago. Federal Reserve Bank of St. Louis H.4.1(a) C O N S O LID A TE D S TA TE M E N T OF C O N D IT IO N OF T H E TW ELVE FED ER A L RESERVE BANKS (in millions of dollars) Jan. l 6, 1963 A S S E T S Gold certificate account Redemption fund for F. R. notes Total gold certificate reserves * (660) Cash Discounts and advances Acceptances: Bought outright Held under repurchase agreement U. S. Government securities: Bought outright-Bills Certificates Notes Bonds Total bought outright Held under repurchase agreement Total U. S. Government securities - 52 + 2 - 50 371 88 + 48 + 13 59 23 - 13,182 10,702 4,137 -- 2 -213 - 15 -- - 1,040 120 920 + - 59 - 196 + *+• 12 23 915 +11,489 - 9,282 + 325 + 1,617 30,038 -228 -30,038 — -228 30,208 -217 (1,188) 6,562 +591 (1,8kQ) io4 446 53,333 + 46 +4i8 + 788 '7 + 167 + 1, *f05 (660) 29,494 -288 + 1,244 16,677 780 +154 - 33 - 4l - 5 + 75 L I A B I L I T I E S Federal Reserve notes Deposits: Member bank reserves U. S. Treasurer--general account Foreign Other Total deposits Deferred availability cash items Other liabilities and accrued dividends TOTAL LIABILITIES 14,363 1, 279 157^52 2,017 Total loans and securities Cash items in process of collection Bank premises Other assets TOTAL ASSETS Change since Jan. 17, Jan. 9, 1962 1963 200 (**) 287 (**) 17,944 (1,188) 4,387 67 (1,848) 51,892 C A P I T A L A C C O U N T S Capital paid in 470 Surplus 934 Other capital accounts 37 TOTAL LIABILITIES AND CAPITAL ACCOUNTS (1,848) 53,333 - - +616 - - +403 — 20 - l, 597 -f l, 436 - 421 + 289 - - 13 183 249 + 6 + 1,336 + - - + 15 +4i6 i8 23 46 - - + l, 405 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined (com puted from figures as shown on the fol lowing pages— not consolidated) 2.71o 32.5$ Contingent liability on acceptances purchased for foreign correspondents 84 - 1 34 * Figures in parentheses are the eliminations made in the consolidating process; see comparable figures on combined basis on the following p a g e s . ___________ - MATURITY DISTRIBUTION OF LOANS AND SECURITIES, JANUARY l6, I963 (Acceptances and securities held under repurchase agreement are classified as maturing within 15 days in accordance with maximum maturity of the agreements.) Within 15 days 16 days to 90 days 91 days to 1 year Over 1 year to 5 years Over 5 years to 10 years Over 10 years Digitized forTotal FRASER ** L e s s t h a n $ 5 0 0 ,0 0 0 . Discounts and advances 87 1 --„ „ B8 Acceptances 35 47 ----- 82 U. S. Government securities Changes Holdings during week - 54 356 - 4c 4,958 11,686 -119 - 15 10,793 -2,094 -151 30,638 -228 STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JANUARY l6 , 1963 H.4.l(h) Total Boston New York Phila delphia Cleve land Rich mond Atlanta Chicago St. Louis Minne apolis Kansas City Dallas San Fran cisco (in millions of dollars) A S S E T S Gold certificate account Redemption fund for F. R • notes Total gold certificate reserves F. R. notes of other Banks Other cash Discounts and advances Acceptances: Bought outright Held under repurchase agreement U. S. Government securities: Bought outright— Bills Certificates Notes Bonds Total Held under repurchase agreement 802 4,007 878 1,021 112 1,133 131 371 53 29 60 68 20 46 31 51 31 88 * l4 8 5 2 1^,363 1,279 15,642 660 772 74 845" 302 59 23 59 23 2,017 3,705 — — 111; 170 726 1,108 590 899 348 228 617 1,658 39 656 138 1,796 15 12 33 12 85 57 1 12 * * ■**• 0m mm 798 76 874 2,447 231 2,678 599 53 309 28 337 60 22 30 61 61 18 35 10 * 4l 5 — — — 133 no 341 652 80 526 42 646 51 697” 88 575 466 181 — — 82 259 30,036 1,455 503 3,285 2,668 1,031 7 7 W Total U. S. Government securities 30,036 1,455 7,487 1,655 2,525 1,978 1,641 5,086 1,200 619 1,310 1,221 3,861 Total loans and securities 30,2061 1,455 7,583 1,663 2,530 1,980 1,64l 5,127 1,205 620 1,322 1,221 3,861 456 431 3 25 681 601 605 216 5 27 13 25 6 17 4 10 354 7 20 298 7 37 1,229 24 71 322 3 21 l,6ll 8 ll4 55,18:L 2,863 13,51^ 3,088 4,465 3,783 3,248 9,251 2,242 1,232 2,427 2,254 Cash items in process of collection Bank premises Other assets TO TA L A S S ETS 13,182 10,702 4,137 7,75C: 10*« 44C: 98 639 76 989 99 1,688 518 200 1,855 705 272 720 585 226 2,52"5 1,978 1,64l 2,232 1,812 701 5,086 868 428 166 272 220 85 536 1,695 435 1,376 168 -—-A "531 Qg'T"" 1,200 619 1,310 1,221 946 11 13 21 _____ 58 *Less than $500,000 6,8l4 H.4.l(c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JANUARY l6 , 1963 Total Boston New York Phila delphia Cleve land Rich mond Atlanta Chicago St. Louis Minne apolis Kansas City Dallas San Fran cisco (In millions of dol].ars) 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 accrued dividends TO TA L L IA B IL IT IE S 30,154 1,774 7, H 4 1,834 2,642 2,476 1,746 5,463 1,278 572 1,205 895 3,155 16,677 780 661 4,605 114 1,119 56 15 1 747 72 8 4 875 42 9 1 2,463 616 2,605 88 22 45 2,760 54 8 1 724 1/81 227 761 47 9 '2 5,027 819 1,191 831 293 969 348 493 4 ____ £ z J 53,74o j 2,795 16 13,126 200 287 17,944 5,575 ! | 413 39 4 1 840 48 7 1 927 23 2 2,615 46 5 1 668 457 89 6 972 47 9 1 1,029 403 492 957 245 168 262 246 699 4 _____ 5 3,005 ^,331 4 3,714 4 3,169 11 9,046 2 2,193 2 3 3 q 1,199 2, 366 2,173 6,623 44 26 66 132 7 16 32 1 11 22 20 51 2 * 1 27 53 l 124 5 127 CAPITAL ACCOUNTS | hjo i 934 i Capital paid in Surplus Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 37 i 55,181 Contingent liability on accept ances purchased for foreign c orre spondent s 84 22 44 2 62 127 251 10 27 54 2 87 3 22 44 3 2,863 13,514 3,088 4,465 3,783 3,248 9,251 2,242 1,232 2,427 2,254 6,8l4 2/23 5 8 4 5 12 3 2 3 4 11 4 4o FED ER A L RESERVE A G E N T S ' ACCOUNTS F. R. notes outstanding Collateral for F. R. notes: Gold certificate account Eligible paper U. S. Government securities Total collateral 1/ l/ After A -P4- •» A n ni. -f___ 31,891 1,844 7,478 1,921 2,631 1,846 5,704 1,354 669 1,253 960 3,381 7,598 27 25,152 473 1,600 450 l, 4oo 800 1,450 1,900 4,500 5,900 290 12 1.000 1,302 215 6,000 7,600 350 5 1,050 1,405 130 1,374 1,847 670 465 755 8 2 1,500 -2,-250 . 1,878 1,973 2,920 2,635 800 2.800 3,600 32,777 1 n _ » -1 2,850 1,015 * deducting $119 million participations of other Federal Reserve Banks. 2/ After deducting $ 6l million participations of other Federal Reserve Banks. 550 680 * Less than $500,000.
@FedFRASER