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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.4.1

October 2%, 1952

(For Immediate Release)
CONDITION OF THE FEDERAL RESERVE B A M S
Member Bank Reserves and Related Items

During the week ended October 22, Member bank reserves increased
$166 million. The principal changes supplying reserves were an increase of
$542 million in Reserve Bank credit and a decrease of $106 million in Money
in circulation. The principal offsetting changes were increases of $4o6 million
in Treasury deposits with Federal Reserve Banks and $66 million in Other deposits
with Federal Reserve Banks.
The increase of
increases of $358 million
Float. Holdings of U. S.
$5 million in bills and a

$542 million in Reserve Bank credit resulted from
in Loans, discounts and advances and $ 1 8 3 million In
Government securities reflected an increase of
decrease of $5 million in certificates.

Member Bank Reserves
and Related Items

Oct. 22,

1952

Change since
Oct. 15,
Oct. 24,

1952

1951

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

23,663
1,134
1,070
25,867
23,340
4,790

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)

29,511
1,281
618
684
245

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




— —

+358
+183
+542
- 1
+ 3

-106

3
+ 978
+
51
+1,026

+1,196
+ 107

878

+ 5
+4o6
+ 9
+ 66
- 3

+1,210
10
+ 109
+
29
+
14
+
28

20,779

+166

+

946

19,988-

- 34
+200

+
+

844
102

883

+ 68

149

H.4.1(a)

STATEMENT OF CONDITION
OF THE TWELVE FEDERAL RESERVE BANKS COMBINED
(In thousands of dollars)
Change since
Oct. 15,
Oct. 24/
1952
1951

Oct. 22,
1952

A S S E T S
Gold certificates
Redemption fund for F. R. notes
Total gold certificate reserves
Other cash
Discounts and advances
Industrial loans

21,423A04
713,038
22,136,142

5,000
1,613
3,187

+ 1,177,423
+
44,748
+ 1,222,171

323,840

1,815

+

6,134

358,375
108

+
-

978,152
148

1,130,029
4,401

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

371,200
4,995,716
13,773,671
4,521,975
23,662,562

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

24,796,992
23
185,635
4,253,041
45,657
135,712
51,577,042

+
+

5,000
53,095
5,000 - 7,852,592
+ 8,705,598
803,252
3.3*1
358,483

+

24,748

+

2
8,421
170,722

+
+

+ 2,004,772

561,000 +

_

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

22,325,809
3,183,416

+
-

646,743
743,767

50,534,324

:

177,426

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

247,935
538,342
27,543
228,898
51,877 642

+

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

974,663
10

13,182
559,543
2,693
26,396

25,307,977

-

79,671

+ 1,139,269

20,778,859
618,219

+
+

166,058
405,730

245,063 +

66,078

946,300
+
+
108,925
+
29,020
^,285
+
+ 1,095,530
+
508,953
+
1,221
+ 2,747,973

683,668 +

17,122 -

+
:

46.5%

8,877

731

64
—

+
+

28,320

6,640

+

14,913

170,722 + 2,504,772
.5#

14,540 +
5,927

-

13,566

.4#

368 33

-

3,836
1,239

MATURITY DISTRIBUTION OF LOANS AND SECURITIES, OCTOBER 22, 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




969,487
160,542

1,130,029

Industrial
loans
353

1,722
2,002

U. S. Government
securities

17&000

324

192,200
6,715,941
14,146,950
1,070,224
1,358,247

4,401

23,662,562

H.4.1(b)

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON OCTOBER 22, 1952
(In thousands of dollars)

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

Boston

21,423,104 657,543
713,038

Cleve.

70,697

55,930

83,366

Chicago St.Louis

50,627

64,307
74,130
- -

106,322

18,542
60,100
3,934

24,433

85,610
- -

18,417
89,445
68

25,603
42,085
313

0
CO

28,534
6,410

Mpls. Kans.Cy.

Dallas SanFran.

50,463

28,814

60,086

24,794

39,722

664,844 378,217

846,627

639,169 2781,581

12,504
101,548

11,698 38,648
70,610 224,821

59,930
263,635

14,947
71,160

—

- —

6,277
40,475
86

- -

— —

— «-

10,369
25,089 21,485 53,086 20,119 11,816 16,249 17,014 49,873
85,715
23,330
37,055
498,692
1,153,587
354,451
313,991
337,650 289,147 714,443 270,762 159,018 218,693 228,984 456,298
977,256 3,180,547 865,703 1374,943 930,935 797,206 1969,786 746,519 438,430 602,956 631,330 1258,060
320,839 1,044,192 284,215 451,402 305,631 261,727 646,692 245,087 143,939 197,954 207,269 413,028

Total loans and
securities

5,538,171 1551,273 2447,702




79,907

719,853 6,900,554 1260,329 1530,026 1020,306 909,786

5,464,041 1487,239

TOTAL ASSETS

Atlanta

6,829,857 1204,399 1446,660 940,399 859,159 4378,528 614,381 353,423 806,905 610,355 2721,495

Total U. S. Government
securities
23,662,562 1662,915

24,796,992 1669,325

Due from foreign banks
23
F.R.notes of other banks 185,635
Uncollected cash items 4,253,041
Bank premises
45,657
Other assets
135,712

Rich.

1

Other cash
323,840
Discounts and advances 1,130,029
4,401
Industrial loans
U. S. Govt, securities:
Bills
371,200
Certificates
4,995,716
Notes
13,773,671
Bonds
4,521,975

Phila.

*

Total gold certificate
22,136,142
reserves

62,310

New York

1
3,991
425,387
976
11,880

2
1/ 7
10,009
32,120
751,392 256,546
3,096
7,733
8.207
30,308

2362,092 1599,305 1369,565 3384,007 1282,48? 753,203 1035,852 1084,597 2177,259

2
7,977
349,926
4,675
13,053

1688,818 1411,963 3647,642 1353,64? 793,764 1137,400 1155,207 2402,080
1

1
19,902
352,044 257,064
4,845
3,807
8,945 , 8,581

26,366

51,877,042 2859,947 13,324,592 3108,004 4377,794 3119,742

3
19,752

700,588

6,631
18,929

1
7,878
176,723
3,089
6,917

1
12,415

116,870
1,059
4,101

1
1
2
9,229
26,501
9,495
247,428 201,349 417,724
2,322
629
6,795
6,812
12,004
5,975

2636,707 8938,325 2228,046 1312,704 2261,752 2024,094 5685,335

l/ After deducting $16,000 participations of other Federal Reserve Banks.

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON OCTOBER 22, 1952
(In thousands of dollars)

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

Gold certificates
Redemption fund for
F. R. notes

Total

Boston

21,423,104

657,543

713,038

62.310

"Reserves ° e r t l f l C a t e 22,136,142 719,853
Other cash
323,840
Discounts and advances 1,130,029
Industrial loans
4,401
U. S. Govt, securities:
Bills
371,200
Certificates
4,995,716
Notes
13,773,671
Bonds
4,521,975

New York

Phila.

Cleve.

Rich. Atlanta

Chicago St.Louis

Mpls. Kans.Cy.

Dallas SanFran.

6,829,857 1204,399 1446,660 940,399 859,159 4378,528 614,381 353,423 806,905 610,355 2721,495
70,697

55.930

83,366

79,907

6,900,554 1260,329 1530,026 1020,306

28,534
6,410
--

64,307
74,130
--

10,369
354,451
977,256
320,839

85,715
1,153,587
3,180,547
1,044,192

18,542
60,100
3,934

24,433

85,610
--

23,330
37,055
313,991 498,692
865,703 1374,943
284,215 451,402

18,417
89,44$
68

,
50,627

106,322

50,463

,
,
24,794

39,722

909,786 4484,850

664,844

378,217

846,627

14,947
71,l6o
—

6,277
40,475
86

12,504
101,548

70,610

38,648
224,821

20,119

11,816

16,249

17,014

49,873

25,603
42,085
313

59,930

263,635
--

25,089 21,485 53,086
337,650 289,147 714,443
930,935 797,206 1969,786
305,631 261,727 646,692
„

60.086

639,169 2781,581
11,698

270,762 159,018 218,693 228,984 456,298
746,519 438,430 602,956 631,330 1258,060
245,087 143,939 197,954 207,269 413,028

Total U. S. Government
securities
~~

23,662,562 1662,915 5,464,041 1487,239 2362,092 1599,305 1369,565 3384,007 1282,487 753,203 1035,852 1084,597 2177,259

Total loans and
securities~~

24,796,992

Due from foreign banks
23
F.R.notes of other banks 185,635
Uncollected cash items 4,253,041
Bank premises
45,657
Other assets
135.712
TOTAL ASSETS




.

„ „ ,
28.8l4

.

,

„

„

,

1669,325 5,538,171 1551,273 2447,702 1688,818 1411,963 3647,642 1353,647 793,764 1137,400 1155,207 2402,080
1
3,991
425,387
976
11.880

l/ 7
32%120
751,392
7,733
30.308

2
10,009
256,546
3,096
8.207

2
7,977
349,926
4,675
13,053

1

26,366

352,044
4,845
8.945

1
19,902
257,064
3,807
8,581

3
19,752

1

1

1

^

^

18.929

6.917

4.101

5.975

6.812

12,004

7,878 12,415
9,495
9,229
26,501
700,588 176,723 116,870 247,428 201,349 417,724
6,631
3,089
1,059
2,322
629
6,795

51,877,042 2859,947 13,324,592 3108,004 4377,794 3119,742 2636,707 8938,325 2228,046 1312,704 2261,752 2024,094 5685,335
l/ After deducting $16,000 participations of other Federal Reserve Banks.

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

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON OCTOBER 22, 1952
(in thousands of dollars)
Total

Boston

Federal Reserve notes
25,307,977 1539,331
Deposits:
Member bank-reserve accts. 20,778,859 900,608
U.S.Treasurer-general acct.
6l8,219
39,521
Foreign
683,668 41,714
Other
245,063
5,457
Total deposits
Deferred avail, cash items
Other liabilities and
accrued dividends

22,325,809 987,300
3,183,416 266,197

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

50,834,324 2793,745
247,935
13,234
538,342
34,192
27,543
3,011
228,898
15,765

Contingent liability on
acceptances purchased
for foreign correspondents
Industrial loan commitments

17,122

917

New York

Phila.

Rich.

Atlanta

5,517,483 1772,514 2314,604 1829,214

1387,877

6,492,488

69,026

1/214,038
175,393
6,950,945
555,192

Cleve.

951,649 1556,461

42,251
52,478

3,729

69,406
61,898

2,813.

1050,107 1690,578
205,699 272,967

867,172
52,581
34,313
3,971

902

1183,806

638,039

997,941

908,466 3293,647
44,573 102,957
28,930
93,519
3,379
3,049

780,283

483,157

960,318

721

2,551

13,028,065 3029,224

4280,153
23,721
50,648
1,006
22,266

3062,966
10,895
27,025

2588,642

8793,389

3,349
15,507

762
13,143

1,134
1,552

1,338
911

17,493
1,359

142,184

936

2/4,390

7,969

25,566

494,161

885

17,152
41,493
4,489
15,646

44,628

985,348 3493,172 857,689

2,004

78,244
159,743
7,319
51,221

43,871

214,481

904

4,445

Mpls. Kans.Cy.

4803,505

958,037
274,830

51,877,042 2859,947 13,324,592 3108,004 4377,794 3119,742

14,540
5#927

Chicago St.Louis

10,289
23,871

31,968

79,601

1,429
31,938

2636,707 8938,325

741
71

625

2,021

2,238

Dallas SanFran.
743,105

1027,558 2557,052
44,845
27,761
25,566 25,566 62,587
34,363
188
3,393
36,799

546,637 1022,871 1084,278
98,859 198,286 153,505

2698,847

816

1,727

486

2184,400 1284,021
8,623
5,492

730

11,984

1,073
8,055

1,137
11,030

1,307
10,889

2228,046 1312,704

2261,752

378

553

521
12,714

553

307,055

2219,828 1981,704 5588,187
9,390

21,788

2580,558

14,063

20,367

781

18,210

26,943
47,341
2,140
20,724

2024,094 5685,335

553

1,352
374

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




26,319,841 1594,135

5,797,652 1838,679 2380,671

1886,857 1457,573 4907,057

1226,368 650,170

1033,040

786,212 2761,427

13,279,000 400,000 4,520,000 750,000 760,000 510,000 510,000 2850,000 280,000 160,000 280,000 259,000
612,579
3,620
58,140 56,590
—
83,000
—
—
69,450 39,305 99,838
—
13,775,000 1300,000 1,400,000 1100,000 1650,000 1400,000 1000,000 2100,000 975,000 505,000 800,000 545,000
27,6^6,579 1703,620 5,978,140 1906,590 2410,000 1993,000 1510,000 4950,000 1324,450 704,305 1179,838 804,000
l/ After deducting $469,615,000 participations of other Federal Reserve Banks.
2/ After deducting $10,150,000 participations of other Federal Reserve Banks.

2000,000
202,636
1000,000
3202,636