The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OP GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.U.I September 11, 1952. (For Immediate Release) CONDITION OF THE FEDERAL RESERVE BANKS Member Bank Reserves and Related Items During the week ended September 10, Member bank reserves increased $580 million. The principal changes supplying reserves were an increase of $56 million in Reserve Bank credit and decreases of $368 million in Treasury deposits with Federal Reserve Banks, $92 million in Other deposits with Federal Reserve Banks, $27 million in Money in circulation, and $26 million in Foreign deposits with Federal Reserve Banks. The increase of $56 million in Reserve Bank credit resulted from increases of $98 million in Float and $47 million in U. S. Government securities, and a decrease of $89 million in Loans, discounts and advances. Holdings of U, S. Government securities reflected an increase of $75 million in bills and a decrease of $28 million in certificates. Member Bank Reserves and Related Items Sept. 10, 1952 Change since Sept. 12, Sept. 3, 1951 1952 (in millions of dollars) Reserve Bank credit: U. S. Government securities Loans, discounts and advances Float Total Gold stock Treasury currency outstanding 23,229 884 759 24,872 23,344 4,776 + 2 + 121 + 553 - 186 + 488 +1,491 + 103 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) 29,364 1,279 347 789 159 715 - 27 - 6 -368 - 26 - 92 - 2 +1,148 15 - 127 + 9 - 108 + 2 Member bank reserves 20,340 +580 +1,173 19,52T49 + 3 +577 + + 966 207 774 +197 + 23 Required reserves (estimated) Excess reserves (estimated) Daily average excess reserves (estimated) + + + 47 89 98 56 - - H.4.1(a) STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Change since Sept. 3, Sept. 12, 1952 1951 Sept. 10, 1952 A S S E T S Gold certificates Redemption fund for F. R. notes Total gold certificate reserves „ 21,445,503 697,659 •• 22,143,162 - Other cash 324,196 + Discounts and advances Industrial loans 879,830 4,613 - U. S. Government securities: Bills Certificates Notes Bonds Total U. S. Government securities 555,500 11,869,216 5,568,073 5,235,823 23,228,612 Total loans and securities Due from foreign banks F. R. notes of other bankg Uncollected cash items Bank premises Other assets TOTAL ASSETS 24,113,055 23 188,687 3,573,839 45,309 256,800 50,645,071 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 15,715 49,643,662 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 246,471 538,342 27,543 189,053 50,645,071 25,179,200 20,340,065 346,839 788,612 158,650 21,634,'166 2,814,581 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined Contingent liability on acceptances purchased for foreign correspondents Industrial loan commitments 47.3# 6,169 + 1,500,824 + 23,230 + 1,524,054 9,360 + 88,223 119 - 12,074 555,048 1,156 - 42,822 + 7,019,841 6,270,392 75,400 28,700 + - - - - — - + 46,700 "f - 41,642 + - + + + + + 7,128 252,343 25 - - + + - + - 579,779 368,574 26,122 92,012 93,071 154,051 729 225,131 56 ~ ~ + + 674,240 15 13,924 128,383 1,089,810 - + - + 126,942 8,538 108,815 "WtoSo 57,727 557 + 2,093,040 + + 13,339 28,320 «» ew mm 6,622 231,809 + 120,3^8 + 1,173,279 w + 586,279 + 2,988 + 47,259 + 2,146,141 21,262 - + + 8,187 231,809 - 9,119 2,998 594 3,592 .1% 39 121 + 11,442 + 2,146,141 + - 1.3# 14,654 664 MATURITY DISTRIBUTION OF LOANS AND SECURITIES, SEPTEMBER 10, 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 814,208 65,603 19 Industrial loans 671 812 2,620 510 879,830 4,613 U. S. Government securities 127,500 7,221,500 6,795,941 5,941,352 1,070,224 2,072,095 23,228,612 HA.1(b) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON SEPTEMBER 10, 1952 (in thousands of dollars) A S S E T S Gold certificates Redemption fund for F. R. notes Total gold certificate reserves Total Boston 21,445,503 698,048 697,659 22,143,162 61,083 759,131 Other cash 324,196 31,571 Discounts and advances 879,830 20,463 Industrial loans 4,6l3 -U. S. Govt, securities: Bills 555,500 32,5b7 Certificates 11,869,216 840,997 Notes 5,568,073 395,060 5,235,823 371,487 Bonds Total U. S. Government securities Total loans and securities Cleve. Rich. 6,440,899 1197,754 1387,032 984,409 68,288 Phila. 55,323 82,464 6,509,187 1253,077 1469,496 57,755 287,848 — 19,102 80,902 3,853 27,898 82,928 — 74,788 1059,197 18,500 34,252 84 Atlanta Chicago St.Louis 24,432 39,959 60,706 933,911 4626,4431 591,376 591,376 394,029 891,939 891,939 51,374 24,691 15,235 583 102,424 60,435 l6l,623i - 47,786 14,826 63,117 63,117 " 12,459 12,459 61,946 61,946 6,434 13,599 13,599 93 29,032 696,210 2959,166 12,837 24,387 1,285,752 1,209,030 349,965 329,082 555,827 522,661 376,335 353.879 322,274 796, 303.044 748 ' l4,6ll 20,093 21,038 14,611 ~ ~ ~ 377,299 518,887 • 301,784 177,237 243,748 ; ' 283,776 166,662 229,203 : 24,113,05.5 l66o,574 20,501 543,590 202,490 28,849 45,819 31,023 26,567 65,642! 24,877 24,877 2,753,085 744,998 1183,236 801,135 686,053 1695, ~1' ~642,433 — — - 1 5,738,205 1537,649 2390,471 1596,708 1353,756 3467,481 266,269 980 Dallas SanFran. 2898,460 5,450,357 1452,894 2307,543 1 5,921 Mpls. Kans.Cy. 369,597 851,980 667,178 882,537 4524,019 23,228,612 l64o,in Due from foreign banks 23 F.R.notes of other banks 188,687 Uncollected cash items 3,573,839 Bank premises 45,309 Other assets 256,800 TOTAL ASSETS New York 1/ 7 27,846 622,412 7,717 57,697 2 8,417 2l6,98l 2,958 15,924 2 7,424 299,938 4,720 25,612 37 688 33 530 ' 41,924 " 1562,372 1337,938 3305,858 1252,870 735,809 1011,931 1059,550 2111,379 1 26,832 311,362 4,726 17,324 1 19,677 244,326 3,664 3 19,003 603,375 6,619 15,232 36,280 — 1315,987 749,501 1 8,877 165,938 3,109 13,529 X 22,198 114,115 1,062 8,011 — 1073,877 1083,937 2144,909 X 8,661 209,798 x 9,349 176 701 2,331 632 11,361 12,074 2 24,482 342 624 6^791 23^255 50,645,071 2744,948 13,020,826 3054,110 4225,561 3034,650 2595,258 8819,639 2113,643 1295,351 2210,427 1991,741 5538,917 1/ 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 SEPTEMBER 10, 1952 (In thousands of dollars) Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Mpls. Kans.Cy. 25,179,200 1538,390 5,529,037 1768,684 2293,491 1786,328 1378,774 4774,193 1152,104 632,971 Federal Reserve notes Deposits: Member "bank-reserve accts. 20,340,065 839,549 6,341,413 9 50,044 1495,862 867,707 902,083 3307,489 726,923 487,950 U.S.Treasurer-general acct. 346,839 30,585 50,556 18,627 30,259 31,962 54,744 16,080 21,992 29,177 48,385 1/243,877 60,871 71,797 39,800 33,557 108,476 29,655 20,290 Foreign 788,612 1,280 4,646 89,295 1,348 4,591 6,512 2,857 2,489 9,619 Other 158,650 Total deposits 21,634,166 Deferred avail. cash items 2,814,581 Other liabilities and accrued dividends 15,715 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 loan commitments 924,542 6,729,329 1028,343 1594,242 471,964 180,014 242,486 217,570 994 4,356 799 1,759 943,196 250,255 969,082 3469,010 200,820 435,181 764 845 2,192 784,824 134,548 539,779 731 616 94,629 998,291 Dallas San.Fran. 740,781 2586,156 963,134 1021,526 2436,385 21,255 25,627 15,975 29,655 29,655 72,594 326 34,832 855 1014,370 1068,011 2569,438 157,030 141,800 288,284 674 617 1,368 49,643,662 2681,496 12,734,686 2977,840 4131,978 2980,624 2549,440 8680,576 2072,207 1267,995 2170,365 1951,209 5445,2 246,471 13,199 77,208 17,145 23,703 10,830 10,205 31,915 8,613 5,471 9,326 11,954 26,902 538,342 34,192 159,743 41,493 50,648 27,025 23,871 79,601 21,788 14,063 20,367 18,210 47,341 27,543 189,053 3,011 13,050 50,645,071 2744,948 9,119 6,169 565 7,319 41,870 4,489 13,143 13,020,826 3054,110 2/2,75 711 2,011 1,006 18,226 3,349 12,822 762 4225,561 3034,650 2595,258 839 689 1,429 521 10,980 26,118 10,514 465 61 392 8819,639 1,268 2,240 1,073 6,749 1,137 9,232 1,307 2,140 9,061 17,288 2113,643 1295,351 2210,427 1991,741 5538,917 347 237 347 787 347 848 381 FEDERAL RESERVE AGENTS' ACCOUNTS F. R. notes outstanding 26,131,922 1598,685 5,791,080 1817,843 2358,890 1855,588 1436,984 4884,530 1203,520 646,155 1033,149 778,840 2726,6 Collateral for F.R. notes: Gold certificates 13,214,000 400,000 4,520,000 750,000 735,000 490,000 510,000 2930,000 270,000 170,000 280,000 259,000 1900,000 Eligible paper --28,636 61,530 12,650 60,505 563,641 18,200 273,025 78,055 — 31,040 U* S. Govt, securities 545,000 1000,000 950,000 2 0 0 0 , 0 0 0 950,000 505,000 750,000 13,550.000 1300,000 1,400,000 1100,000 1650,000 1400,000 Total collateral 27,327,641 1718,200 6,193,025 1928,055 2385,000 1921,040 1460,000 4930,000 1281,530 687,650 1090,505 804,000 2928,63 l/ After deducting $544,719,000 participations of other Federal Reserve Banks. 2/ After de'ducting $6,366,000 participations of other Federal Reserve Banks.
@FedFRASER