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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H'4.1 For Immediate Release September 1, 1955 WEEKLY AVERAGES OF MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS and STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS . , ^ T h e weekly average of Member bank reserve balances for the week ending August 31 decreased ^59 million to $18,614 million. The principal change' reducing reserves was a decrease of $208 million in Reserve Bank credit. The principal offse ting changes were decreases of #115 million in Treasury deposits with Federal Reserves Banks, $20 million in Money in circulation, and $16 million in Foreign eposi s wi e eral Reserve Banks, Estimated average excess reserves of member banks for the week decreased $80 million to $490 million. ! h e decrease of $208 million in average Reserve Bank credit for the week resulted principally from decreases of $220 million in Float and $35 million in bank'borro™gs! bought outright and an increase of $53 million in Member rpc,1l1 + or1 e l r l C T L b e r Member Bank Reserves, Reserve Bank Credit, - and Related Items Weekly Averages of Dailv Fi mires Week Ending Change from Week Ending Aug, 31. 1955 Aug. 24. 19551 Sent. 1 . 1954 (In mi]Llions of dollars) 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 23,761 - 35 - 15 740 31 671 25,217 21,68t-% 5,005 51,904 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 reserve balances— Required reserves (estimated) Excess reserves (estimated) + — + 51 - 5 -220 -208 - 1 + — + + — + — — -208 + 30,268 803 479 399 394 946 33,290 -150 + 18.614 18,124 490 - 59 + 21 - 80 + + - 20 + — — — -115 - 16 + 1 — — — + — — - 84 93 15 645 60 95 518 156 43 405 381 5 72 66 122 20 138 268 521 253 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 21,682 Treasury cash holdings 802 •Treasury currency outstanding 5,005 Member bank) - Required (est.) 18.144 Money in circulation 30,319 reserves ) - Excess (est.) 224 T r a year ago? ^ ; an increase s t h e °f $392 million from the comparable date H.4.1(a) STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (in thousands of dollars) Aug., 24, 1955 Aug. 31, 1955 A S S E T S Gold certificates 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 outright-Bills Certificates Notes Bonds Total bought outright Held under repurchase agreement Total U. S. Government securities 20,145,352 847,549 20,992,901 214,237 362,191 470,005 585 14,418 1,039,046 2,520,076 17,399,536 2,801,750 23,760,408 + - + - + + — 9,999 3,706 6,293 21,843 4,319 36,532 58 26 35,300 -- «"— - 35,300 -- — 23*760,408 Total loans and securities Due from foreign banks Uncollected cash items Bank premises Other assets TOTAL ASSETS 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 24,245,416 22 3,838,819 58,016 168,094 49,879,696 - 3?,300 + 1,264 Sept* 1, 1954 + - + + + - + 134,104 -4,079,715 +4,370,515 290,800 134,104 128,600 262,704 • — "» + 141,751 7,308 134,443 84,702 993 176,820 20 14,418 71,486 -- + + 14,352 72 7,576 3,251 + + + + 398,724 4,285 27,347 310,122 26,003,697 + 60,020 + 427,648 18,367,675 393,495 387,189 383,257 19,531,616 3,173,643 14,850 + 152,987 191,667 22,745 6,559 54,866 8,295 261 + + 162,432 197,548 95,949 21,129 477,058 306,907 125 + 220 -- + + 22,000 35,888 + + 5,911 3,251 296,872 660,901 27,543 170,574 49,879,696 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined Contingent liability on acceptances purchased for foreign correspondents Industrial loan commitments • - + • - + - • - 5,386 +310,122 .2# 46.1$ 27,186 3*417 + + 46 58 + + 21,852 624 MATURITY DISTRIBUTION OF LOANS AND SECURITIES. AUGUST 31. 1955 (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 http://fraser.stlouisfed.org/ Total Federal Reserve Bank of St. Louis Discounts and advances 436,800 33,141 64 470,005 Industrial loans 15 93 357 Acceptances 5,227 9,191 120 585 14,418 U. S. Government securities 223,400 " 815,646 18,205,764 2,087,127 1,013,614 1.414,857 23,760,406 STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON AUGUST 31, 1955 (In thousands of dollars) 3.4.1(b) A S S E T S Sold certificates 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 BeId under repurchase agreement Total Boston 20,145,352 982,382 5,319,018 1144,949 1779,774 1221,458 808,447 3801,567 804,820 355,561 835,101 702,861 2389,4l4 20,992,901 1033,892 5,497,092 1204,098 1853,853 1293,510 858,791 3949,599 850,183 379,568 875,508 730,375 2466,432 14,012 8,317 32,743 66 9,232 11,725 32,323 10,055 13,034 18,372 22,341 43,008 51,266 - - - - - - -- 214,237 362,191 470,005 585 14,418 New York 16,349 27,167 14,805 35,232 68,053 47,372 - - 14,418 Phila. 12,960 19,232 66,639 519 Cleve. 8,093 41,601 24,117 -- Rich. Atlanta 15,117 20,750 4l,f98 — Chicago St.Louis 45,187 30,299 *2,597 17,759 59,046 75,595 7,900 19,959 22,378 • • - • — - Mpls. Kans.Cy. Dallas SanFran. 1,039,046 57,380 2,520,076 139,169 17,399,536 960,872 2,801,750 154,724 23,760,408 1312,145 264,068 61,213 53,633 181,238 63,239 89,299 640,465 153,376 216,583 148,469 130,082 439,569 4,422,005 1058,971 1495,368 1025,076 898,129 3034,949 712,051 170,520 240,791 165,062 144,621 488,701 6,038,589 1446,106 2042,041 1399,820 1226,465 4144,457 43,118 104,578 722,046 116,267 986,009 25,180 45,188 61,068 109,598 421,643 756,706 67,895 121,848 575,786 1033,340 4l,664 113,826 101,050 276,069 697,687 1906,084 112,344 306,926 Total U. S. Government securities 23,760,408 1312,145 6,038,589 1446,106 2042,04l 1399,820 1226,465 4144,457 986,009 575,786 1033,340 952,745 2602,905 Total loans and securities 24,245,416 1326,950 6,100,379 1513,264 2066,158 l44l,6l8 1269,062 4220,052 1008,387 608,595 1065,663 971,117 2654,171 1 1 108,478 1,403 3.985 1 196,469 1,782 7.810 Due from foreign banks Uncollected cash items Bank premises Dther assets TOTAL ASSETS 22 3,838,819 58,016 168,094 1 289,800 5,735 9,010 / 6 774,425 7,462 40,753 2 228,558 5,139 9,956 2 383,192 5,363 14,573 1 297,480 4,660 9.731 1 3 263,377 619,471 4,266 6,129 9,210 30,672 1 155,111 2,790 7,239 1 196,293 3,295 7,258 2 326,165 9,992 17,897 49,879,696 2708,904 12,523,402 2993,209 4372,835 3082,867 2480,193 8902,731 2051,570 1124,359 2168,975 1930,643 5540,008 l/ After deducting $16,000 participations of other Federal Reserve Banks. STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK OH AUGUST 31, 1955 (in thousands of dollars) H.4.1(c) L I A B I L I T I E S Total Boston Federal Reserve notes 26,003,697 1576,609 Deposits: Member bank-reserve accts. 18,367,675 747,341 U.S.Treasurer-general acct. 393,495 26,457 Foreign 387,189 22,620 Other 383.257 1.528 Chicago St.Louis Mpls. Kans.Cy, 5,861,666 1774,952 2416,281 1918,925 1312,529 5060,724 1175,534 544,797 1037,689 716,092 2607,89' 5,299,283 35,936 1/120,248 314.430 870,628 1468,078 35,722 34,203 27,521 34,307 9.717 4.517 784,621 35,982 18,850 2.082 840,008 3063,122 31,152 46,408 16,211 52,780 1.245 1.937 650,900 26,794 14,326 7.032 415,789 22,767 9,425 739 870,747 35,412 14,326 1.032 942,054 2415,10, 30,539 32,12: 17,719 38,8% 1.131 37.86' 943,588 1541,105 190,129 309,122 841,535 260,606 888,616 3164,247 225,447 511,770 699,052 130,437 448,720 100,027 921,517 163,375 991,443 2523,95' 167,918 287,50< 534 412 624 New York Phila. Cleve. Rich. Atlanta Dallas SanPran Total deposits Deierred avail, cash items Other liabilities and accrued dividends 19,531,616 3,173,643 797,946 263,439 5,769,897 563,867 14.850 965 4.130 TOTAL LIABILITIES Capital paid in Surplus.(Section. 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 48,723,806 2638,959 12,199,560 2909,515 4268,194 3021,699 2427,244 8739,270 2005,557 1093,956 2123,205 1875,965 5420,68: 296,872 15,790 88,899 19,569 28,303 13,407 13,262 39,502 10,394 6,740 11,652 15,681 33,67: 660,901 40,309 188,070 47,773 60,222 33,480 29,480 96,566 26,619 16,918 24,755 29,985 66,72 27,543 3,011 7,319 4,489 1,006 3,349 762 1,429 521 1,073 1,137 1,307 2,14< 170.574 10.835 39.554 11.863 15.110 10.932 9.445 25.964 8.479 5.672 8.226 7.705 16.78' Contingent Liability on acceptances purchased for foreign correspondents Industrial loan commitments 846 1.686 633 652 2.529 512 1.32' 49,879,696 2708,904 12,523,402 2993,209 4372,835 3082,867 2480,193 8902,731 2051,570 1124,359 2168,975 1930,643 5540,00: 27,186 3,417 1,632 — 2/7,929 — 1,986 255 2,475. 787' 1,360 11 . 1,170 85 3,808 12 1,033 — 680 — 1,033 2,26? 1,278 — 2,80; — FEDERAL RESERVE AGENTS* ACCOUNTS F. R. notes outstanding 26,899,655 1630,853 6,047,231 1847,621 2509,546 1970,413 1367,383 Collateral, for F.R, notes: Gold certificates 11,153,000 640,000 2,670,000 725,000 1050,000 695,000 500,000 Eligible paper 203,113 13,205 — 64,692 — 40,465 — U. S . Govt, securities 17.055.000 1200,000 q.600.000 1200.000 1500.000 1300.000 1000.000 AOtal collateral ; 28,411,113 1853,205 6,270,000 1989,692 2550,000 2035,465 1500,000 5148,844 1224,433 585,657 1063,985 756,288 2747,40: 2400,000 355,000 175,000 280,000 283,000 1380,001 — 21,365 32,076 31,310 2900.000 910.000 500.000 800.000 525.000 1620.00 5300,000 1286,365 707,076 1111,310 808,000 3000,00 l/ After deducting $266,916,000 participations of other Federal Reserve Banks. 2/ After deducting $19,257,000 participations of other Federal Reserve Banks,
@FedFRASER