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B O A # OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.4.1

(For Immediate Release)

May 8, 1952

CONDITION OF THE FEDERAL RESERVE BANKS
Member Bank Reserves and Related Items

During the week ended May f, Member bank reserves increased $94 million.
The principal changes supplying reserves were an increase of $435 million in
Reserve Bank credit and a decrease of $20 million in Foreign deposits with Federal
Reserve Banks. The principal offsetting changes were increases of $299 million in
Treasury deposits with Federal Reserve Banks and $ 6 3 million in Money in circulation
increase of $435 million in Reserve Bank credit resulted from increases of $ 3 6 7 million in Loans, discounts and advances and $ 1 0 2 million in Float,
and a decrease of $ 3 4 million in U» S. Government securities. Holdings of U. S,
Government securities reflected a decrease of $34 million in certificates.

Member Bank Reserves
and Related Items

May 7,
1952

Change since
April 30,
May 9 ,
1952
1951

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

22,329

-.34

-

215

1,048
690

+367
+102

+ 622
46

24,067
23,297

+435
--

+ 361
+1,542

^>739

+

96

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)

28,523

Member bank reserves

20,034

+ 94

+1,201

19,06^^
970-V7)

- 80
+174

+
+

639

+ 80

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




1,286

+ 2

+ 63

+1,208

749

+299

- 20
- 1

-

-

396
36

747

-

+

51

498"
265

2

12

18

794
407
29

H.4.l(a)

STATEMENT OF CONDITION,
OF THE TWELVE FEDERAL RESERVE
COMBINED
(In thousands bf dollars)
Change since
April 30,
May 9,
1952
1951

May 7,
1952

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

21,412,249
689,550
22,101,799

-

4
3,878
3,882

348,735

-

14,557

+

25,785

+ 366,625

+
+

621,313

Other cash
Discounts and advances
Industrial loans

1,042,885
5,114

44

+ 1,521,348
66,442
+
+ 1,587,790

296

U. S. Government securities:
Bills
Certificates
Notes
Bonds
Total U. S. Government securities

11,625,306
5,568,073
5,135,823
22,329,202

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

23,377,201
28
140,189
3,265,986
44,639
180,773
49,459,350

+ 246,495

125,314
3,643
1,528
+ 2,160,234

24,364,034

+

-

34,000
— » ~
-•» —

-

-

34,000

+ 332,581
—

-

1,014,351
+11,625,306
- 9,344,060
1,481,556
214,661
-

+
-

14,878

-

60,480

+

7,721

10

+
+
+

406,948
5

12,287

-

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

31,758

+ 1,184,624

20,03^,029 ottf + 93,763
749,485/
+ 299,067
497 ,
O) - 20,576
265, h S & W 0 1,157
21,546,31V5 + 371,097
2,576,341
- 162,386
17,153-^
177
58,503,842
+ 240,292

+ 1,200,677
17,386
396,403
36,007

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

242,995
538,342
27,543
146,628
^9,459,350

+ 246,495

6,314
+
+ 2,160,234

48.1#

.5$

1,5%

8,120

2

6,473

63

23i316
3,858

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

67

+

6,136

+

750,881

+
171,277
+
4,811
+ 2,111,593
+

+

14,007

28,320

MATURITY DISTRIBUTION OF LOANS AND SECURITIES, MAY 7, 1952
(Callable Government securities classified according to nearest call date)
Discounts and
advances
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



977,109/1
65,<$76
100-—(L-

1,042,885

Industrial
loans

868
870
2,123
1,253
5,114

U. S. Government
securities

416,856
12,828,675
5,941,352
1,013,6-14
2,128,705
22,329,202

1.4.1(c)
L I A B I L I T I E S

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MAY 7, 1952
(in thousands of dollars)
Total

A Boston

24,364,034/1497,987
Federal Reserve notes
Deposits:
Member bank-reserve accts. 20,034,029 811,123
U.S.Treasurer-general acct.
749,485
73,007
497,6#/
Foreign
30,523
265,493A# 4,195
Other

New York

Phila.

Cleve.

Rich.

Atlanta

Chicago St. Louis

Mpls. Kans.Cy

5,386,754 1717,895 2240,695 1694,254 1333,375 4637,134 1124,808

625,347

964,095

6,434,607
131,991
1/153,708
198,637

912,274
40,134
18,707
4,240

916,113 1504,266
51,764
97,594
38,399
45,292
1,228
4,278

832,420
45,123
25,107
5,296

879,225 3155,126
38,435 115,113
21,169
68,430
1,830
1,540

702,629
33,602
18,707
8,155

462,866
40,786
12,800
1,886

6,918,943 1007,504 1651,430
446,655 157,526 220,361

907,946
211,794

940,659 3340,209
200,899 380,774

763,093
116,578

518,338
75,405

708

926

Dallas SanFran.
686,878 2454,812

996,792 2426,588
38,462
43,474
18,707
6,059
1,045 <32,863
33,1-33
1060,018
2543,972
975,355
l4o,88o 131,430 271,191

Total deposits
Deferred avail, cash items
Other liabilities and
accrued dividends

21,546,314^ 918,848
2,576,341 222,848

TOTAL LIABILITIES
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts
TOTAL LIABILITIES AND
CAPITAL ACCOUNTS

48,503,842 2640,850 12,756,962 2883,793 4114,497 2814,854 2475,712 8360,649 2005,187 1220,016 2080,977 1879,002 5271,343
242,995
13,146
76,504
16,966
23,314
10,595
10,014
31,310
8,504
5,455
9,225
11,789
26,173
538,342
34,192
159,743
41,493
50,648
27,025
23,871
79,601
21,788
14,063
20,367
18,210
47,341
27,543
3,011
7,319
4,489
1,006
3,349
762
1,429
521
1,073
1,137
1,307
2,l4o
146,628
10,169
30,994
10,362
13,852
10,034
8,712
20,344
8,278
5,502
7,497
7,284
13,600

Contingent liability on
acceptances purchased
for foreign correspondents
Industrial loan commitments

17,153^

1,167

4,610

868

2,011

860

779

2,532

647

676

1,368

49,459,350 2701,368 13,031,522 2957,103 4203,317 2865,857 2519,071 8493,333 2044,278 1246,109 2119,203 1917,592 5360,597

8,120

4l4

309

211

25,214,293 1550,034

5,605,734 1769,339 2310,961 1780,793 1378,090 4718,577 1163,972

635,098

993,261

719,787 2588,647

13,049,000 450,000
717,251
14,467
13,275,000 1300,000
27,041,251 1764,467

4,470,000 750,000 810,000 580,000 485,000 2770,000 270,000
410,085
9,536
—
24,260
—
19,935
1,300,000 1100,000 1575,000 1300,000 950,000 2000,000 950,000
6,180,085 1859,536 2385,000 1904,260 1435,000 4770,000 1239,935

165,000 280,000
4,600
73,118
505,000 750,000
674,600 1103,118

219,000 1800,000
161,250
545,000 1000,000
764,000 2961,250

503

6,473

2/2,452

633
1,890

747
916

62

349

1,129
2,380

309

810

309

755
415

FEDERAL RESERVE AGENTS' ACCOUNTS
F. R. notes outstanding
Collateral for F.R. notes:
Gold certificates
Eligible paper
U. S. Govt, securities
Total collatera.1




l/
2/

After deducting $343,626,000 participations of other Federal Reserve Banks.
After deducting
$5,668,000 participations of other Federal Reserve Banks.

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS OH MAI f, 1952
(in thousands of dollars)

H.4.1(b)
A S S E T S

Total

Boston

21,412,249

711,034

689,550

61,027

Total gold certificate
reserves

22,101,799

772,061

Other cash
Discounts and advances
Industrial loans

348,735
1,042,885
5, H 4

23,552
15,893
—

69,890
429,031
—

Certificates" 1 ' 1 ^ 68 ' 11,625,306
Notes
5,568,073
Bonds
5,135,823

824,827
395,060
364,392

2,684,457
1,285,752
1,185,939

Gold certificates
Redemption fund for
F. R. notes

New York

Phila.

Cleve.

Rich.

6,660,303 1246,238 1479,869 .927,416
70,868

52,994

79,252

62,501

6,731,171 1299,232 1559,121

989,917

21,502
11,330
4,062

Atlanta

Chicago St.Louis

852,173 4373,663

Mpls.

Kane.Cy.

Dallas SanFran.

577,250

400,559

827,864

115,186

48,577

24,725

36,530

900,358 4 4 8 8 , 8 4 9

625,827

425,284

864,394

701,067 2744,518

48,185

673,454 2682,426
27,613

62,092

33,004
88,151

20,637
2o,208
99

31,957
63,813
20,739 169,372
824

17,281
20,809

5,770
5,198
124

11,113
74,^91

11,305
38,911
13,574 1 ,3 9
5

7 3 0 , 6 7 3 1160,485
349,965 555,827
3 2 2 , 7 9 7 512,678

785,731
376,335
347,120

672,862 1 6 6 2 , 5 4 7
322,274 796,296
297,256 7 3 4 , 4 7 9

630,080
301,784
278,356

370,046
177,237
163,478

508,909
243,748
224,826

5 3 2 , 8 5 7 1061,832
255,218 508,577
235,4o6 469,096

977,483 1023,481 2039,505

Total U. S. Government
~ securities"
~

22,329,202 1584,279

5,156,148 1403,435 2228,990 1509,186 1292,392 3193,322 1210,220

,
710,761

~°securikes~

23,377,201 l600,172

5,585,179 1418,827 2317,141 1535,493 1313,955 3362,694 1231,029

716,083 1051,674 1037,060 2207,894

Due from foreign banks
28
F.R.notes of other "banks
140,189
Uncollected cash items
3,265,986
Bank premises
44,639
Other assets
180,773
TOTAL ASSETS




2
3,039
287,339
999
14,204

l/ 8
18,473
578,385
7,637
40,779

2
5,687
197,775
2,832
11,246

3
6,275
264,717
4,772
18,284

1
35,704
267,280
4,475
12,350

17,558
241,333
3,292
10,617

^
14,3^3
531,755
6,520
25,355

n"*"
7,283
150,105
3,189
9,563

%
88,506
1,072
5,626

5,889
175,746
2,394
7,992

}
6,4^1
152,784
647
8^237

z-Q^
330,2
6,810
16,520

# , 4 5 9 , 3 5 0 2 7 0 1 , 3 6 8 13,031,522 2957,103 4203,317 2865,857 2519,071 8493,333 2044,278 1246,109 2119,203 1917,592 5360,597
l/

After deducting $20,000 participations of other Federal Reserve Banks.