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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
(For Immediate Release)

March 13; 1952

CONDITION OF THE FEDERAL RESERVE BANKS
Member Bank Reserves and Related Items
During the week ended March 12, Member bank reserves decreased
$6 million. The principal change reducing reserves was a decrease of
$105 million in Reserve Bank credit. The principal offsetting changes
were decreases of $34 million in Foreign deposits with Federal Reserve
Banks, $31 million in Treasury deposits with Federal Reserve Banks,^
$20 million in Other deposits with Federal Reserve Banks, and $12 million
in Money in circulation.
The decrease of $105 million in Reserve
decreases of $95 million in Float and $26 million
advances, and an increase of $16 million in U. 3.
Holdings of U. S. Government securities reflected
in bills.

Member Bank Reserves
and Related Items

Bank credit resulted fiom
in Loans, discounts and
Government securities.
an increase of <jjl6 million

March 12,
1952

Change since
March 5,
March 14,
1952
1951

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

22,530
362

886

23,778
23,291
4,726

+ 16
- 26
- 95
-105
+ 1

+ 104
+ 226
- 203
+ 126
+1,391
+
87

- 12

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)

28,452-,
' 1,296
639
566
275
785

- 31
- 34
- 20
- 2

+1,285
+
13
+ 219
- 290
+
29
+
64

Member bank reserves

19,781

-

6

+

283

19,6655 ^c\c\

- 18
+ 12

+
-

7^9
466

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




641

— —

+

5

H.4.1(a)

STATEMENT OF CONDITION
OF THE TWELVE FEDERAL RESERVE BANKS COMBINED
(In thousands of dollars)
Change.since
March 14,
March 5,
1951
1952

March 12,
1952
A S S E T S
Gold certificates
Redemption fund for F. R. notes
Total gold certificate reserves

21,386,252
706,082
22,092,334

+
+
+

1,305,849
111,416
1,417,265

Other cash

384,042

-

11,555

+

43,679

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

357,481
4,790

+

26,333
206

+
+

225,339
962

16,000

+

16,000

+

16,000

11,809,806
5,068,073
5,635,823
22,529,702

28

167,703
3,631,524
44,316
164,395
49,376,315

L I A B I L I T I E S
Federal Reserve notes
Deposits:
Member bank--reserve accounts
TJ. 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
Ratio of gold certificate reserves to deposit
and F. R. note liabilities combined
Contingent liability on acceptances purchased
for foreign correspondents
Industrial loan commitments

24,375,331
19,781,300
638,979
566,054
275,258
21,261,591
2,745,452
14,969
48,397,343
241,930
538,342
27,543
171,157
49,376,315
48.4$

+

33,164

+

1,307,146

6,165
31,026
34,057
20,136
91,384
121,172
438
2,938

+
+

283,765
218,574
290,390
29,395
241,344
127,401
3,525
1,424,614

246

+

w mm

+
+
+
+

9,083
26,097
155
8,105
3,592

-

•

•

-

-

+
+
-

+

+

9,034

6,810

+
+
+
-

-

-

4-

+
-

+
+

13,871

4-

28,320

6^284
3,592

+

20,089

.1$

+

— - •

+

103,216

329,517
4
25,572
330,488
3,755
2,410
1,486,894

10,127

22,891,973

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

-

+ 11,809,806
9,988,810
223,60$

674
194

4-

-

1.556
22,4%
3,909

MATURITY DISTRIBUTION OF LOANS AND SECURITIES. MARCH 12, 1952
(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

Industrial
loans

341,016
16,465

895
70 6
2,070
1,119

357?®r

"4,790

U. S. Government
securities

16,000
13,430,031
5,102,256
1,352,715
2,628,705
22.529,702

H.4.1(b)

A S S E T S

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MARCH 12, 1952
(in thousands of dollars)

Total

Boston

21,386,252

768,060

706,082

62,118

Total gold certificate
22,092,334
reserves

830,178

Gold certificates
Redemption fund for
F. R. notes

384,042
Other cash
Discounts and advances
357,481
Industrial loans
4,790
U. S. Govt, securities:
16,000
Bills
11,809,806
Certificates
5,068,073
Notes
5,635,823
Bonds

Cleve.

Rich.

7,096,073 1280,200 1488,947

966,227

New York

75,496

Phi la.

55,066

80,598

"65,208

7,171,569 1335,266 1569,545 1031,435

27,921
9,232

73,481
91,395

338
800,623
343,580
382,069

12,077
2,542,309
1,091,009
1,213,229

33,279
10,715

21,285
12,970
80

307
499
725,193 1177,414
311,210 505,277
346,073 561,880

334
789,238
338,694
376,636

27,206
4,835
3,753

Atlanta

Mpls. Kans.Cy.

Chicago St.Louis
587,445

384,200

787,084

116,721

49,033

24,901

36,912

885,154 4110,769

636,478

409,101

823,996

76,270
132,565
——-

18,350
12,835

7,252
2,550
128

13,699
20,534

294
772
694,310 1824,261
297,957 782,865
331,336 870,566

275
648,428
278,268
309,441

159
375,563
161,170
179,225

240
567,969
243,739
271,044

835,929 3994,048
49,225

29,461
16,000
809

Dallas SanFran.
622,330 2575,709
27,966

62,838

650,296 2638,547
13,386
3,000
20

42,452
40,850

236
469
558,096 1106,402
239,502 474,802
266,332 527,992

~°securitfgs G Q V e r P m e P t 22,529,702 1526,610

4,858,624 1382,783 2245,070 1504,902 1323,897 3^78,464 1236,412

716,117 1082,992 1064,166 2109,665

~~securities~~

4,950,019 1391,371 2255,785 1517,952 1340,706 3611,029 1249,247

718,795 1103,526 1067,186 2150,515

22,891,973 1535,842

EE23S\$i
s i , ' ™

TOTAL ASSETS




& «;S is
a W si
a ;

«

i'S

Jtst .'i
a s

a

a

t.%

. a

49,376,315 2712,552 12,905,178 2991,973 4206,898 2926,415 2559,296 8450,858 2082,856 1242,077 2150,952 1917,223 5230,037
1/ After deducting $20,000 participations of other Federal Reserve Banks.

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS 01 MARCH 12, 1952
(in thousands of dollars)

H.4.1(d)
L I A B I L I T I E S

Total

Boston

New York

Phila,

Cleve,

Rich. Atlanta

Chicago St.Louis

24,375,331 1494,199 5,378,683 1733,090 2235,960 1716,964 1324,866 4653,220 1131,379
Federal Reserve notes
Deposits:
Member bank-reserve accts. 19,781,300 836,438 6,275,379 917,486 1508,938 847,222 894,328 3090,173 722,774
27,838
46,949
76,048
4l,8oi
105,148
44,917
76,549
U.S .Treasurer-general acct.
638,979
4-3,602
28,744
24,235
78,340
21,417
43,961
51,851
34,943 1/172,645
Foreign
566,054
5,794
2,458
2,148
8,215
1,538
4,462
210^612
4,306
Other
275,258
21,261,591
Total deposits
2,745,452
Deferred avail, cash items
Other liabilities and
accrued dividends
14,969
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 lean commitments

919,289
236,039
872

6,763,784 1007,902 l64l,800
479,227 175,438 236,445
4,138

759

1,697

909,598
246,561

967,970 3246,709
220,927 411,970

779

763

2,137

794,207
116,210
671

Mpls. Kans.Cy.

Dallas SanFran.

623,961

962,731

679,432 2440,846

456,133
42,063
14,654
987

936,170
42,472
21,417
1,315

995,686 2300,573
34,447
57,145
21,417
52,430
504
32,919

513,837 1001,374 1052,054 2443,067
76,824 146,801 145,433 253,577
608

601

590

1,354

48,397,343 2650,399 12,625,832 2917,189 4115,902 2873,902 2514,526 8314,036 2042,467 1215,223 2111,514 1877,509 5138,844
76,434
16,951
23,o4o
10,548
9,977
31,258
8,465
5,452
9,171
H,7l4
25,786
241,930
13,134
159,743
41,493
50,648
27,025
23,871
79,601
21,788
14,063
20,367
18,210
47,341.
538,342
34,192
7,319
4,489
1,006
3,349
762
1,429
521
1,073
1,137
1,307
2,140
27,543
3,011
35,850
11,851
16,302
11,591
10,160
24,534
9,615
6,266
8,763
8,483
15,926
171,157
11,816
49,376,315 2712,552 12,905,178 2991,973 4206,898 2926,415 2559,296 8450,858 2082,856 1242,077 2150,952 1917,223 5230,037

343

84:
422

343

235

343
820

25,350,493 1553,829

5,626,939 1785,608 2319,556 1804,051 1393,035 4751,669 1179,491

635,460

987,695

12,739,000 450,000
167,476
9,232
13,575,000 1300,000
26,481,476 1759,232

4,470,000 750,000 760,000 580,000 485,000 2610,000 270,000
12,835
8,595
68,145
4,835
1,300,000 1100,000 1625,000 1300,000 950,000 2200,000 1000,000
5,838,145 1854,835 2385,000 1888,595 1435,000 4810,000 1282,835

165,000 280,000 219,000 1700,COO
40,850
2,550
20,434
505,000 750,000 545,000 1000,000
672,550 1050,434 764,000 2740,850

9,034
6,810

560

2/2,727

705

2,166

831
916

46l
67

389

1,256
2,419

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




1/ After deducting $393,392,000 participations of other Federal Reserve Banks.
2/ After deducting
$6,307,000 participations of other Federal Reserve Banks.

726,805 2586,355