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H.4.1
BOARD OF GOVERNORS
OF THE FEDERAL RESERVE SYSTEM
For Immediate Release
January 31, 1957
WEEKLY AVERAGES OF MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS
and
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS
The average of daily figures of member bank reserves for the week ending
January 30 decreased $424 million to $18,918 million. Estimated required reserves
decreased $180 million; and estimated excess reserves decreased $244 million to
$315 million. Member bank borrowings at the Federal Reserve Banks exceeded excess
reserves by $187 million; the week before they were $237 million less than excess
reserves.
The principal changes reducing average reserves were decreases of
$361 million in Federal Reserve holdings of U. S. Government securities and
$368 million in Federal Reserve float, and an increase of $221 million in Treasury
deposits with Federal Reserve Banks. The principal offsetting changes were
increases of $180 million in member bank borrowings and $129 million in gold stock,
and a decrease of $220 million in money in circulation. Total Reserve Bank credit
decreased $549 million.
As of Wednesday, January 30, holdings of U. S. Government securities
bought outright were $143 million lower than a week earlier and member bank
borrowings were $320 million higher.
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
Loans, discounts, and advances—
Member bank borrowings
Other
Float
Total Reserve Bank credit
Gold stock
Treasury currency outstanding
Averages of daily figures
For week ending
Change from week ending
Jan. 30. 1957 Jan. 23, 1957 I Feb. 1, 1956
In millions of dollars)
23,450
30
502
26
1,078
25,087
22,080
5,068
52,234
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)
Member bank reserves-Required reserves (estimated)
Excess reserves (estimated)
30,607
809
420
329
-361
+ 36
1
+ 12
+180
-368
-497
+ 25
+264
.549
+129
+ 1
-419
+ 59
+284
-
- -
-220
+ 11
+221
+ 5
258
- 10
- 1
+ 5
18,918
18,603
315
-424
893
33,316
-180
-244
-161
+387
+384
+ 11
- 44
- 40
- 85
- 26
+200
+ 84
+253
-169
For Wednesday Federal Reserve figures see STATEMENT OF CONDITION OF THE
TWELVE FEDERAL RESERVE BANKS COMBINED - attached. Latest Wednesday figures for
other items appearing above are, in millions of dollars:
Gold stock
22,251
Treasury cash holdings
8l6
Treasury currency outstanding
5,069
Member bank) - Required (est.) 18,604
Money in circulation
30,567
reserves ) - Excess
(est.)
285
On January 30, 1957# U» S. Government securities held in custody by the
Federal Reserve Banks for foreign account were $3,741 million, a decrease of
,
$24
million for the week and an increase of $20 million from the comparable date
http://fraser.stlouisfed.org/
a year ago.
Federal Reserve Bank of St. Louis
H. 4.1(a)
STATEMENT OP CONDITION
OP THE TWELVE FEDERAL RESERVE BANKS COMBINED
(In thousands of dollars)
Change since
Feb. 1,
Jan. 23,
1957
Jan» 30/
1957
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
Industrial loans
Acceptances—bought outright
U. S, Government securities:
Bought outrightBills
Certificates
Notes
Bonds
Total bought outright
Held under repurchase agreement
Total U. S. Government securities
20,689,393
872,146
21,561,539
554,216
485,149
677,854
10,080
23,746
319,939
40
19
539,535
10,932,699
9,153,913
i/T
23,427,897
-
142,940
-
23,427,897
28,896
+
-
40,965
142,940
-•
40,965
-
142,940
••
40,965
24,136,424
+
177,058
4,828,511
74,305
-
379,022
99
11,457
119,579
+
+
+
+
103,227
+ 515,810
22
51.943,781
+
+
26,664,123
18,889,375
613,693
347,900
260,681
20,111,649
3,897,391
15,749:
50,688,912
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
533,041
13,026
546,067
169,254
255,848
151
11,840
29,848
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
+
+
+
+
+
3,481
296,519
+
+
+
+
825
Total loans and securities
Due from foreign banks
Uncollected cash items ,
Bank premises
Other assets
TOTAL ASSETS
300,000
+
+
+
284,822
183,041
354,888
30,168
1,753
+ 203,768
+
+
+
51,943,701
+
+
5,699
215,853
12,037
93,639
104,47%
+
3.016
+
+
22,152
+ 829,520
9,790
119.579"
152,122
341,511
12,291
102.513
915,712
+ 206,216
8,458
290
109,259
500
327,611
747,593
27,543
Ratio of gold certificate reserves to deposit
and F, R. note liabilities combined
Contingent liability on acceptances purchased
for foreign correspondents
Industrial loan commitments
+5,012,000
-5,012,000
53,981
+
10,059
• 915,712
46.1$
61,429
2,322
+
-
2,019
40
+
28,576
166
MATURITY DISTRIBUTION OF LOANS AND SECURITIES, JANUARY 30, 1957
(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
Total
Discounts and
advances
632,792
20,062
25,000
677,854
Industrial
loans
W
63
476
Acceptances
6,529
23,319
250
B25
29,848
U. S. Government
securities
116,310
5,935,225
14,574,612
373,279
1,013,614
MM
B.4.1(b)
Total
A S S E T S
Sold certificate account
-Redemption fund for
F. R. notes
Total gold certificate
reserves
F.R. notes of other Banks
Other cash
Discounts and advances
industrial loans
^Acceptances—
Bought outright
U. S. Govt, securities:
Bought outright-« Bills
Certificates
Notes
Bonds
Total
Held under repurchase
agreement
STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JANUARY 30, 1957
St.
Phila- Cleve- Richmond Atlanta Chicago
New York
Boston
Louis
delphia! land
(In thousands of dollars)
20,689,393
965,580
872,146
56.603
5,634,052 1033,796 1914,551 1311,469
182.074
62.332
77.177
68.773
831,481 3774,421
50.845
160.318
MinneKansas
apolis I City
Dallas
810,793
328,842
837,923
689,790 2556,695
41.617
22.889
41.464
,£$,073
San
Francisco
79,#2
21,561,539 1022,183 5,816,126 1096,128 1991,728 1380,242 882,326 3934,739 854,410 351,731 879,387 715,862 2636,677
554,216
485,149
42,329
34,926
91,749
110,034
53,602
29,127
46,501
37,275
42,233
28,645
89,228
41,051
55,74?
74,106
11,560
25,869
22,000
677,854
41,030
335
79,035
84,315
449
48,675
57,845
62,397
81,413
46,035
39,375
4l
29,656
135,788 32,421
539,535
10,932,699 600,927 2,751,520 656,957
9,153,913 503,154 2,303,839 550,068
705,139 168,360
2,801,750 154.001
23,427,897 1287,738 5,896,286 1407,806
46,666
825
11,570
8,950
15,477
41,304
18,917
49,013
58,152
54,734
28,850
54,150
29,848
29,848
945,602
791,749
242,332
2026,349
27,743
33,219
673,115 562,148
, ,
563,597 470,685
172.501 144.063
1442,432 1204,639
94,133
22,526
1907,450
456,440
.
,
1597,102 382,176
488,827 116,973
4067,512 978,115
Total U. S. Govt, sees.
23,427,897 1287,738
Total loans & securities
24,136,424 1329,103 6,005,169 1492,570 2075,024 1500,277 1267,036 4168,925 1024,150 568,582 1069,865 959,968 2675,755
Due from foreign banks
Uncollected cash items
Bank premises
Other assets
TOTAL ASSETS
22
4,828,511
74,305
303,615
1
371,559
5,327
16.360
5,896.286 1407,806 2026.349 1442.432 1204.639 4087,512
1/ 6
880:571
9,493
74.962
2
2
309,529 482,534
4,759
7,778
17.839
26.288
1
375,921
7,191
18.649
1
3
381,767 818,460
5,230
5,877
15.537
54.76s
978,115
23,378
21,443
60,375
12,187
473,714
434,509
1223,380
246,937
206,759 396,639 363,813 1024,332
63,283 121.400 111,353 313,518
529,166 1015,131 931,118 2621,605
1
185,788
4,556
12.420
529,166 1015.131
1
1
1
116,369 206,296 244,308
4,808
4,421
4,166
6.808
12,#4
12,797
2
455,409
10,699
%4,,2l6
51,943,781 2821,788 12,988,110 3003,556 4667,130 3353,159 2682,176 9112,622 2118,754 1081,869 2197,371 1997,323 5919,923
1/ After deducting $16,000 participations of other Federal Reserve Banks.
931.118 2621,605
I
H.4.1(c)
Total
L I A B I L I T I E S
Federal Reserve notes
Deposits:
Member bank reserves
U.S.Treas.-gen. acct.
Foreign
Other
Total deposits
Deferred availability
cash items
Other liabilities and
accrued dividends
TOTAL LIABILITIES
STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JANUARY 30, 1957
St.
Phila- CleveJRichmond Atlanta Chicago
New York
Boston
Louis
land
delphia
("STthousands of dollars)
Minneapolis
Kansas
City
Dallas
San
Francisco
26,664,123
1578,212 6,216,860 1710,854 2533,409 2112,499 1316,847 5141,097 1181,941 487,216 1052,464 695,966 2636,758
18,889,375
613,693
347,900
780,008 5,391,585 890,036 1532,082 814,692 909,578 3023,447 687,522 416,913 858,408 973,465 2611,641
20,111,649
051,422
3,897,391
317,583
260,681
15,749
50,600,912
51,031
19,488
895
74,417
46,264
59,378
1/106,291
23,520
30,240
183,055
9,88l
3,202
5,755,345 969,701 1624,902
41,564
17,136
4,493
877,005
50,792
72,148
46,566
15,120
47,712
12,432
5,241
4,478
2,789
980,731 3147,785 749,309
668,001 234,086 394,525 295,790 325,673 641,914 138,079
579
4,268
688
1,735
792
582
2,751
719
16,941
43,948
208,002
94,247
20,710
31,412
66,393
15,003
37,594
3,349
10,247
15,775
33,179
44,796
110,421
11,177
29,331
521
7,677
38,719
8,064
1,111
464,807
49,109
48,585
35,120
12,768
17,472
37,657
41,280
1,301
2,955
921,062 1029,010 2739,687
97,301 173,425 207,634
564
577
646
7,209
13,131
27,983
1,137
7,592
18,086
403,380
1,848
2747,796 12,644,477 2915,329 4554,571 3286,966 2623,033 0933,547 2070,040 1049,000 2147,520 1933,256
5701,673
39,124
82,413
2,140
14,573
CAPITAL ACCOUNTS
Capital paid in
Surplus (Section 7)
Surplus (Section 13h)
Other capital accounts
TOTAL LIABILITIES AND
CAPITAL ACCOUNTS
Conting. liab. on acceptances purchased for
foreign correspondents
Industrial loan commit.
327,611
747,593
27,543
152,122
3,011
10,092
7,319
34,065
52,301
4,489
10,727
1,006
13,748
762
8,627
1,429
22,429
18,520
1,073
5,179
37,508
1,307
7,166
51,943,781 2821,788 12,988,110 3003,556 4667,130 3353,159 2682,176 9112,622 2118,754 1081,869 2197,371 1997,323 5919,923
61,429
2.322
3,561
<b*
2/ 17,282
•"
3,131
2,763
4,298
5,526
6
88
FEDERAL RESERVE AGENTS' ACCOUNTS
8,719
100
2,272
1,474
2,333
2,1.28
3,191
6,877
F. R. notes outstanding
28,066,369 1654,545 6,561,187 1830,545 2627,927 2207,569 1411,558 5317,628 1239,266 546,409 1082,681 753,672 2833,382
Collat. for F. R. notes:
Qold certificate acct. 11,868,000 580,000 3,170.000 640,000 1130,000 915,000 450,000 2300,000 450,000 150,000 300,000 283,000 1500,000
74,565
—
—
—
—
45,110
—
53,784
—
-Eligible paper
173,459
U. S. Govt, securities 17,305,000 1200,000 3,600,000 1200,000 1550,000 1350,000 1000,000 3200,000 900,000 460,000 820,000 525,000 1500,000
Total collateral
29,346,459 ,1780,000 6,770,000 1914,565 2680,000 2265,000 1450,000 5500,000 1395,110 610,000 1173,784 808,000 3000,000
1/ After deducting $241,584,000 participations of other Federal Reserve Banks.
2/ After deducting $44,147,000 participations of other Federal Reserve Banks.
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@FedFRASER