h41_19510405.pdf

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

2 ^ 1 (For Immediate Release) A p r i l 5, 1951

CONDITION OF THE FEDERAL RESERVE BANKS

Member Bank Reserves and Rela ted Items

During the week ended A p r i l 4 , Member t ank r e se rves inc reased

The decrease of $39 m i l l i o n i n Reserve Bank c r e d i t r e s u l t e d from a de-

t i e s r e f l e c t e d i n c r e a s e s of $255 m i l l i o n in bonds, $31 m i l l i o n i n b i l l s , $22 m i l l i o n i n n o t e s .

Member Bank Reserves and Related Items

Change since A p r i l 4 ,

1951 March 26,

1951 Apr i l 5 f

1950

( In m i l l i o n s of d o l l a r s )

Reserve Bank c r e d i t : U. S . Government s e c u r i t i e s Acceptances purchased Loans, d i scounts and advances F loa t

To ta l Gold s tock Treasury currency ou t s t and ing

Money i n c i r c u l a t i o n Treasury cash holdings Treasury d e p o s i t s wi th F. R. Banks Foreign d e p o s i t s wi th F. R. Banks Other depos i t s wi th F. R. Banks Other F . R. accounts (ne t )

Member bank reserves Required r e s e r v e s (es t imated) Excess reserves (estimated) Daily average excess r e se rves (es t imated)

22,914 1

130 768

23,813 21,806

4,64o

27,138 1,304

711 849 364 753

19,141

18,592 549

576

+308 +5,342 - 1 + l -345 - 41 - 1 + 379 - 39 +5,681 - 49 -2,440 + 3 + 39

+100 + 5 + 5 - 13 -341 + 89 - 49 34 + 65 + 80 + 17 - 10

+118 +3,r

+ 5 +3,383 +113 - 213

+106 - 139

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1.4 .1(a) STATEMENT OF CONDITION

OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (in thousands of do l l a r s )

A S S E T S Gold c e r t i f i c a t e s Redemption fund fo r F . R. notes

Total gold c e r t i f i c a t e reserves

Other cash

Discounts and advances Indus t r i a l loans Acceptances purchased U. S. Government s e c u r i t i e s :

Bi l l s C e r t i f i c a t e s Notes Bonds

Total U. S. Government s e c u r i t i e s

Apri l 4-, 195%

19,9lt8,U01 618,292

20,566,695

125,989 3,955 1,309

Total loans and s e c u r i t i e s Due from fore ign banks *~ F. R. notes of other banks Uncollected cash items Bank premises Other asse ts

TOTAL ASSETS

L I A B I L I T I E S Federal Reserve notes Deposits:

Member bankreserve accounts U. S. Treasurer--general account Foreign Other

Total deposi ts Deferred a v a i l a b i l i t y cash items Other l i a b i l i t i e s and accrued dividends

TOTAL LIABILITIES

C A P I T A L A C C O U N T S Capital paid i n Surplus (Section 7) Surplus (Section 13b) Other cap i t a l accounts

TOTAL LIABILITIES AND CAPITAL ACCOUNTS

Ratio of gold c e r t i f i c a t e reserves to deposit and F. R. note l i a b i l i t i e s combined

Contingent l i a b i l i t y on acceptances purchased fo r fo re ign correspondents

Indus t r i a l loan commitments * March 28 f i gu re s r ev i sed .

14,997,255 6,287,531

22,913,06%

23,OU5,H5 24

11*3,995 3,302,515

40,525 150,386

1*7,5^3,003

23,050,17U

19,1^1,123 710,702 8l|8,810 363,557

21,064,492 2,534,629

12,454 46,661,7149

228,168 510,022 27,543

165,521 47,595,063

46.6#

32,342 2,747

Change March 28,

since

1951

- 69,003 + 16,797 - 52,206

343,750 - 6,504

-344,580 35

687

1,629,098 + 30,500*

April 5, 1950

, 2,540,029 + 76,952 - 2,465,077

+ 106,150

+ +

42,157 1,353 1,309

+ 22,400* +255,200 +308,100

- 37,202

- 4,477 -512,746 - 60 - 12,823 -426,018

+ 88,4-87

+118,812 -541,441 - 49,451 + 64,396 -207,684 -511,210

281 -450,600

79

+ 4,749 426,018

851 55

- 2,343,277 - 5,788,750 +15,545,255

69,769 + 5,341,437

+ 5,501,942 - 9 + 46,606 + 850,692 + 6,150 + 56,162 + 3,864,615

+ 82,542

+ 5,170,728 + 88,503

35,795 + 79,155 + 5,504,591 + 4-51,457

568 + 5,850,20%

+ 13,197 + 21,849

8,622 + 3,864,615'

+ +

24,613 1,504

MATURITY DISTRIBUTION OF LOANS AND SECURITIES, APRIL 4, 1951 ~ (Callable Government s e c u r i t i e s c l a s s i f i e d according to neares t c a l l date ;

Within 15 days 16 to 90 days 91 days to 1 year Over 1 year t o 5 years Over 5 years to 10 years Over 10 years

Total

Discounts and advances

107,899 18,081

125,909

Indus t r i a l loans

199 511

2,309 1,156

Acceptances purchased

892 417

T7509"

U. S. Government s ecu r i t i e s

561,113 5,118,480

10,589,590 4,456,766 1,051,904 5.576,009

22,913,86% Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1(b) STATEMENT OF CONDITION OP THE FEDERAL RESERVE BANKS ON APRIL 4, 1951

(In thousands of dollars)

A S S E T S

Gold certificates Redemption fund for F. R. notes

Total 19,948,401

618.292

Boston 665,257

55,505

New York Phila. Cleve. Rich. Atlanta Chicago St.Louis 6,806,538 1150,838 1413,957 762,815 816,299 4020,498 491,878

50.236 47.930 69,994 61,538 43,242 105,333 44,144

Mpls. Kans.Cy. Dallas SanFran. 304,945 693,570 528,807 2292,999

22,734 34,588 26,023 57,025

c e r t i f i c a t e 20 ,566,693 720,762 6,856,774 1198,768 1483,951 824,353 859,541 4125,831 536,022 327,679 728,158 554,830 2350,024

343,750 125,989

3,955 1,309

Other cash Discounts and advances Industrial loans Acceptances purchased U. S. Govt, securities:

Bills 1 ,629,098 Notes 14,997,233 Bonds 6 ,287 ,531

39,064 7 ,769

92,976 1064,489

446,282

58,607 28,142

26 1,309

398,072 3,353,576 1,405,973

20,025 29,181 8,615 4,400 2,695 134

102,503 152,174 943,626 1400,891 395,611 587,319

23,612 31,369 53,306 16,299 3,780 1,249 18,335 12,050

125 29

108,323 87,904 242,989 77,689 997,211 809,236 2236,912 817,634 418,078 339,269 937,816 342,790

7,234 11,862 14,750 19,039

169

14,489 38,702 5,700

777 2,160

51,718 76,704 77,955 160,091 476,102 706,130 717,648 1473,778 199,604 296,042 300,871 617,876

T s e c u ^ k i ; s G O Y e r D m e n t 22,913,862 1603,747

Total loans and securities 23,045,115 1611,516

5,157,621 1441,740 2140,384 1523,612 1236,409 3417,717 1238,113 727,424 1078,876 1096,474 2251,745

5,187,098 1453,050 2144,918 1527,517 1237,687 3436,052 1250,163 742,343 1097,915 1098,634 2258,222

Due from foreign "banks 24 2 F.R.notes of other hanks 143,995 4,345 Uncollected cash items 3 ,302,515 280,778 Bank premises 40,525 1,059 Other assets 150,386 10,735

1/ 7 2 2 1 19,943 6,836 6,869 36,347

604,549 234,766 305,134 261,518 7,612 2,904 4,755 2 ,931

13.561 9.273 14,450 10,255

1 14,533

217,944 2,024 7,954

3 15,461

563,755 5,327

22,178

1 6,220

144,100 3,460 7,991

1 1 1 2 3,689 6,192 6,954 16,606

86,741 164,253 133,878 305,099 1,106 2,575 668 6,104 4,661 7,357 7,033 1^,938

TOTAL ASSETS 47,593,003 2668,261 12,768,151 2925,624 3989,260 2686,534 2371,053 8221,913 1964,256 1173,454 2018,313 1/ After deducting $17,000 participations of other Federal Reserve Banks.

1816,487 4989,697

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H . 4 . I ( C ) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 4 , 1951

(In thousands of dollars)

Total Boston 23,050,174 1^13.337

L I A B I L I T I E S Federal Reserve notes Deposits{

Member bank-reserve a c c t s . 19,141,423 U.S.Treasure r -genera l a c c t . 710,702 Foreign 848,810 Other 363,557

To ta l depos i t s 21,064,492 Defe r red a v a i l . cash items 2,534*629 Other l i a b i l i t i e s and

accrued dividends

TOTAL LIABILITIES Capital paid in Surplus (Section 7) Surplus (Sec t ion 13b) Other c a p i t a l accounts

TOTAL LIABILITIES AND CAPITAL ACCOUNTS

Contingent l i a b i l i t y on acceptances purchased f o r f o r e i g n correspondents 32,342

I n d u s t r i a l loan commitments 2,747

866,491 46,063 52,173

3,671

New York 5,199,980

6,223,057 111,610

1/265,638 ~ 299,131

Phila. Cleve. Rich. Atlanta Chicago St.Louis 1627,007 2063,525 1556,529 1249,833 14460,553 1067,828

927,746 11447,116 773,870 50,858 68,282 47,655 66,479 78,260 42,075

1,265 5.478 3,976

817,865 2962,374 676,429 45*759 108,991 3 7 , l 4 l 35,343 116,127 31,135 4.926 2.Q72 6,206

Mpls. Kans.Cy. 604,129 908,135

416,976 884,965 37,121 30,178 21,038 31,135

1,165 2,430

Dallas SanFran* 617,804 2281,514

924,470 2220,064 76,639 50,405 31,135 78,272

997 32,240

968,398 225,721

12,454 1,734

6,899,436 1046,348 1599,136 867,576 394,730 179,838 239,004 212,048

3,567 634 1,327 492

903,893 3189,564 750,911 476,300 948,708 174,956 440,829 107,654 67,116 124,051

436 1,753 1445 378 396

1033,241 2380,981 128,579 240,103

428 864

46,661,749 2609,190 228,168 12,293 510,022 32,246

27,543 3,011 165,521 11,521

12,497,713 73,667

153,290 7,319

36,162

2853,827 3902,992 2636,645 2329,118 8092,699 1926,838 15,985 21,8144 10,129 9,337 29,302 7,590 39,710 48,014 25,167 22,369 75,345 20,295 4,489 1,006 3,349 762 1,429 521

11,613 15,404 11,244 9,467 23,138 9,012

1147,923 1981,290 5,212 8,612

13,168 19,047 1,073 1,137 6,078 8,227

1780,052 4903,462 10,045 24,152 16,852 144,519 1,307 2,140 8,231 15,424

47,593,003 2668,261 12,768,151 2925,624 3989,260 2686 ,534 2371,053 8221,913 1964,256 1173,454 2018,313 1816,W7 4989,697

2,006 2/9,925 2,555 1,434

3,008 473

1,617 48

1,359 4,464 209

1,197 809 1,197 485

1,197 3,008 98

F.R. notes outstanding Collateral for F.R. notest Gold certificates Eligible paper U.S. Govt, securities Total collateral

FEDERAL RESERVE AGENTS* ACCOUNTS 23,944,415 1479,769 5 , 3 7 7 , 7 3 3 1697,742 2154,190 1637,258 1346,243 4537,043 H07^+99 612,871 935,439 656,998 2401,630

12,219,000 390,000 4,470,000 750,000 765,000 475,ooo 510,000 2430,000 250,000 170,000 280,000 179,000 1500,000 ' ~ n r^-r\ 1 I n r A 1 0 200 91,152 7,769 25,992 8,615 2,880 12,050 14,750 18,896 12,440*000 1100^000 1,000[000 1000,000 1425,000 1190,000 850,000 2100,000 925,000 450,000 700,000 500,000 1200,000 24,750,152 1497,769 5,495,992 1758,615 2190,000 1667,880 1360,000 4580,000 1187,050 634,750 998,896 679,000 2700,200

l/ After deducting $583,159,000 participations of other Federal Reserve Banks. 2 / After deducting $22,417,000 participations of other Federal Reserve Banks.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis