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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM He4#l (For Immediate Release) March 26, 1953 CONDITION OF THE FEDERAL RESERVE BANKS Member Bank Reserves and Related Items During the week ended March 25, Member bank reserves decreased crease of $15 million in Foreign deposits with Federal Reserve Banks.^ principal offsetting changes were decreases of $108 million m Money in circulation and $30 million in Other deposits with Federal Reserve Banks. The decrease of $791 million in Reserve Bank credit resulted from decreases of $393 million in Float, $305 million in Loans, discounts and advances, and $94 million in U. S. Government securities. Holdings of U. S. Government securities, which include $63 million certificates of indebtedness special series, issued to the Federal Reserve Banks, reflected decreases of $47 million in certificates and $46 million in bills. Member Bank Reserves and Related Items March 25, 1953 Change since March 26, March 18, 1952 1953 (In millions of dollars) Reserve Bank credit: U. S. Government securities Loans, discounts and advances Float Total Gold stock Treasury currency outstanding 23,869 708 810 25,387 22,562 4,826 - 94 -305 -393* -791* - 50 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) 29,600 1,306 7 511 351 852 -108 + 1 - 1 + 15* - 30 Member bank reserves 20,148 -717 - 19,868 280 -122 -595 + 368 - 496 591 - 63 - Required reserves (estimated) Excess reserves (estimated) Daily average excess reserves (estimated) -*March 18 figures revised. — —'— +1,341 + 533 + 100 +1,974 - 729 + 95 +1,271 + 24 34 + 160 + 48 128 539 H.4.1(a) STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) A S S E T S Gold certificates Redemption fund for F. R. notes Total gold certificate reserves Mar. 26, 1952 Mar. 18, 1953 Mar. 25, 1953 55,002 4,980 + 50,022 - 20,619,100 754,125 + 21,373,225 Other cash 380,711 + 860 Discounts and advances Industrial loans 704,564 3,532 - 304,4l4 + 263 U. S. Government securities: Bills Certificates Notes Bonds Total U. S. Government securities 514,754 5,058,716 13,773,671 4,521,975 23,869,116 Total loans and securities Due from foreign banks F. R. notes of other banks Uncollected cash items Bank premises Other assets TOTAL ASSETS 24,577,212 23 167,712 4,334,095 49,457 178,224 51,060,659 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 788,151 55,001 733,150 2,918 46,200 47,000 + + 93,200 + 534,622 1,592 514,754 6,765,090 8,705,598 1,113,848 1,341,414 + 1,874,444 5 10,298 157 466,045 953,660* + 68 + 5,003 8,018 + 16,750 1,392,592* + 1,615,871 397,877 25,439,622 - 106,001 + 1,181,555 20,148,434 7,386 510,719 350,942 21,017,481 3,523,970 17,779 49,998,852 - 716,842 - + 14,309* 29,675 + :733,289* 561,161 + 127,917 69 34,244 160,340 1,890 366,198 203 - 1,399,754* + 1,545,660 ± 256,878 584,676 27,543 192,710 51,060,659 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined Contingent liability on acceptances purchased for foreign correspondents Industrial loan commitments *March 1$ figures revised 1,081 M 69 14,811 46,334 9,066 7,093 - 1,392,592* + 1,615,871 46.0# .7% 27,951 2,857 + + + + 13 233 - 2.8# + - 19,898 3,769 MATURITY DISTRIBUTION OF LOANS AND SECURITIES, MARCH 25, 1953 (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 Industrial loans U. S. Government securities 662,839 41,698 27 1,229 47 138,500 1,577,020 13,314,575 6,410,550 1,070,224 1.358.21,7 704,564 3,532 Discounts and advances 1,908 348 23,869,116 STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MARCH 25, 1953 (in thousands of dollars) H.4.1(b) A S S E T S Total Gold certificates f ^reserves °r c e r t i f l C a t e Boston New York 754,125 63.811 21,373,225 692,922 76.415 77.473 6,785,924 1284,949 1502,092 886,216 V>'M — 127^05 U 514,754 - 164,839 T EE":*™' M ° s e c J i t ^ s G ° V £ E g £ S l 23,869,116 1697,231 ^securities'" 24,577,212 1716,456 EHfr-E-vsi Other assets TOTAL ASSETS Rich. Atlanta Chicago St.Louis 64.087 7*',5» 3,532 SeCUrltleS: Cleve. 20,619,100 629,111 6,709,509 1224,736 1418,005 808,743 624,535 4203,385 Dlscounts^and advances Industrial loans Blils°Vt' Phila. 17& 224 12.760 60.213 47^5 3,078 58.337 138,022 682,872 4331,407 S'.W 23 1%305 303 274^0 36,798 -- 87,781 Mpls. Kans.Cy. Dallas SanFran. 526,190 302,263 919,855 607,653 2645,115 51.449 25,337 40,891 577,639 327,600 960,746 59^970 29', 850 30^599 30,027 58,063 637,680 2703,178 lfi',475 37:765 BS S as -ifss gg 11 ss a 32,244 49,999 19,019 15,481 20,441 24,853 63,299 5,243,316 1491,192 2312,359 1701,804 1519,488 3458,179 1281,993 742,917 945,341 1149,383 2325,913 5,370,921 1510,515 2359,964 1730,877 1535,096 3733,049 1341,963 772,895 «sg »;:§ jg 37.789 10.737 17.273 12.844 975,940 1165,858 2363,678 ss .4g .a 12.150 25.394 2iSi 1^25 >|p 9,™ 17.&5P 51,060,659 2778,317 13,108,374 3115,261 4373,931 3052,206 2602,620 8849,193 2142,163 1226,037 2177,179 2045,975 5589,403 l/ After deducting $l6,000 participations of other Federal Reserve Banks. STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MARCH 25, 1953 (in thousands of dollars) H 4 l(c) T T a H T T. T T T E S Total 25,439,622 1561,903 Federal Reserve notes D E Boston F New York Fhila. Clave. Rich. Atlanta Chicago St .Louis 5,597,627 1814,562 2358,399 1780,972 1365,704 4877,410 1185,208 Hpls. Kans.Cy. 641,403 1001,060 Dallas SanFran. 719,751 2535,623 ™ i S ^5 % « ^ *S ffiS'®8 Sffl % SI 'SS SS '££ 2:S 1 "if i;i "3$ i:i i i i i if if if if i | 1111 E £ S £ a n k - r = s e r v e accts. 2 0 , 1 4 8 , 4 3 4 843,792 6,164,686 945,253 1528,938 861,596 903,416 3217,588 738,650 445,334 943,805 1038,475 2516,901 j e w a r - ' i s 3 8 ^ccL^*divide2s^ 17.779 a sn T 939 ,g-s °ctfimBMro™sAND 5.358 895 a 1,984 , 222 ! 221 « 22L a % i'g 1*421 i:S a 51,060,659 2778,317 13,108,374 3115,261 4373,931 3052,206 2602,620 8849,193 2142,163 1226,037 2177,179 2045,975 5589,403 Contingent liability on for@foreign correspondents Industrial loan commitments 27,951 2,857 1,706 2/8,240 2,097 1,184 2,572 751 1,398 62 1,202 3,831 110 1,062 - ^699 ~ 1,062 1 2 , 8 2 4 FEDERAL RESERVE AGENTS' ACCOUNTS lEiHS? F. R. notes outstanding n °tMi 26,572,334 1630,362 5,851,631 1897,337 2440,152 1886,734 1444,786 4977,671 1244,522 655,998 1032,503 gggg ^2*333*252 « 7 ^:So M M gs M M ^ ~ ~ ° 1/ After deducting $357,153,000 participations of other Federal Reserve Banks, 2/ After deducting #19,711,000 participations of other Federal Reserve Banks, 769,060 2741,578 2U ~0-00 %
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