h41_19520814.pdf

BOARD OP GOVERNORS OF THE FEDERAL RESERVE SYSTEM

(For Immediate Release) August 14, 1952.

CONDITION OF THE FEDERAL RESERVE BANKS

Member Bank Reserves and Rela ted Items

During the week ended August 13, Member bank r e s e r v e s decreased $124 mi l l i on* The p r i n c i p a l changes reducing r e se rves were i n c r e a s e s of $152 m i l l i o n i n Treasury d e p o s i t s wi th Federa l Reserve Banks, $137 m i l l i o n i n Fore ign d e p o s i t s wi th Fede ra l Reserve Banks, and $10 m i l l i o n i n Money i n c i r c u l a t i o n . The p r i n c i p a l o f f s e t t i n g changes were an i n c r e a s e of $113 m i l l i o n i n Reserve Bank c r e d i t and a dec rease of $62 m i l l i o n i n Other d e p o s i t s wi th Fede ra l Reserve Banks.

The i n c r e a s e of $113 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 i n c r e a s e s of $111 m i l l i o n i n F l o a t and $74 m i l l i o n i n U. S. Government s e c u r i t i e s , and a decrease of $72 m i l l i o n i n Loans, d i scoun t s and advances . Holdings of U. S. Government s e c u r i t i e s r e f l e c t e d i n c r e a s e s of $73 m i l l i o n i n bonds and $11 m i l l i o n i n c e r t i f i c a t e s , and a decrease of $10 m i l l i o n i n b i l l s .

Member Bank Reserves and Re la ted Items

Reserve Bank c r e d i t : U. St Government s e c u r i t i e s Loans, d i s coun t s and advances F l o a t

T o t a l Gold s tock Treasury cur rency o u t s t a n d i n g

Money i n c i r c u l a t i o n Treasury cash ho ld ings Treasury d e p o s i t s w i th F . R. Banks Fore ign d e p o s i t s w i th F . R. Banks Other d e p o s i t s wi th F . R. Banks Other F . R. accounts ( n e t )

Member bank r e s e r v e s

Required r e s e r v e s ( e s t ima t ed ) Excess r e s e r v e s ( e s t ima ted )

Dai ly average excess r e s e r v e s ( e s t ima ted )

Change s ince August 13, August 6 , August 15,

1952 1952 1951

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

23,051 + 74 - 100 775 - 72 + 527 727 +111 - 234

24,553 +113 + 193 23,344 - 6 +1)544

4,764 + 1 + 98

29,051 + 10 +1,126 1,277 - 2 - 11

422 +152 - 73 864 +137 3 193 - 62 - 53 718 - 4 1

20,136 -124 + 851

19,6^? - 14 +1,169 % -110 - 318

705 + 43 - 51

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

H.4 .1 (a ) STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED

( In thousands of d o l l a r s )

A 3 S E T S Gold c e r t i f i c a t e s Redemption fund f o r F. R. no tes

To ta l gold c e r t i f i c a t e r e s e r v e s

Other cash

Discounts and advances I n d u s t r i a l loans

U. S. Government s e c u r i t i e s : B i l l s C e r t i f i c a t e s Notes Bonds

To ta l U. S. Government s e c u r i t i e s

Tota l loans and s e c u r i t i e s Due from f o r e i g n banks F. R, notes of o t h e r banks Uncol lec ted cash i tems Bank premises Other a s s e t s

TOTAL ASSETS

L I A B I L I T I E S Federa l Reserve no tes Depos i t s :

Member b a n k - - r e s e r v e accounts U. S. T r e a s u r e r — g e n e r a l account Foreign Other

Tota l d e p o s i t s Defer red a v a i l a b i l i t y cash i tems Other l i a b i l i t i e s and accrued d iv idends

TOTAL LIABILITIES

C A P I T A L A C C O U N T S Cap i t a l pa id i n —— Surplus (Sec t ion 7) Surplus (Sec t ion 13b) Other c a p i t a l accounts

TOTAL LIABILITIES AND CAPITAL ACCOUNTS

Rat io of gold c e r t i f i c a t e r e s e r v e s to d e p o s i t 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 accep tances purchased f o r f o r e i g n cor respondents

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

Aug, 13, 1952

21,457,254 693,063

22,150,317

335,438

770,102 4,534

375,000 11,872,216

5 ,568,073 5 ,235,823

23,051,112

23,825,748

o 2 3 183,259

3,686,797 45,341

225,827 50,452,750

24,889,679

20,135,775 421,798 863,737 192,518

21,613,828 2 ,959,771

.14 ,738 49,476,016

246,352 538,342

27,543 162,497

50,452,750

47.6#

6 , 2 8 7

Change s ince Aug. 6 ,

1952 Aug. 15 ,

+ 1 + 1,555,851 - 3,341 + 27,173 - 3,340 + 1,583,024

- 2,952 + 3,059

- 72,480 + 528,102 + 75 1,316

- 9,400 - 263,192 + 11,500 + 7 ,020,041

- 6,270,392 + 72,400 - 586,279 + 74,500 99,822

+ 2,095 + 426,964 - - - 15

+ 1,352 + 35,158 + 484,794 - 110,067 + 125 + 3,091 + 9,865 + 46,777 + 491,939 + 1,907,991

-tr 9,238 + 1,094,583

- 123,734 + 850,558 + 151,876 73,123 + 137,109 3,733 - 62,553 53,013 + 102,698 + 720,689 + 373,660 + 123,972

197 1,000 + 485,399 + 1,938,244

+ 64 + 13,632 - - - + 28,320

+ 6,476 + 7,795 + 491,939 + 1 ,987,991

- .2$ + 1.6#

- 67 15,075 + 180 + 2,524

MATURITY DISTRIBUTION OF LOANS AND SECURITIES. AUGUST 13 1952 (Ca l l ab l e Government s e c u r i t i e s c l a s s i f i e d accord ing t o n e a r e s t c a l l da te )

Within 15 days 16 t o 90 days 91 days to 1 year Over 1 year to 5 yea r s Over 5 years to 10 yea r s Dver 10 yea r s

Tota l

Discounts and advances

657,597 90,901 21,604

770,102

I n d u s t r i a l loans

648 1 ,031 2,635

220

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

204,800 7,147,100 6 ,615,541 5,941,352 1,070,224 2,072,095

23,051,112 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4 .1(b) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON AUGUST 13,. 1952 ( I n thousands of d o l l a r s )

A S S E T S

To ta l Boston New York P h i l a . Cleve. Rich . A t l a n t a Chicago S t .Lou i s Mpls. Kans.Cy. D a l l a s SanFran.

Gold c e r t i f i c a t e s 21,457,254 696,816 6,556,878 1214,352 1393,844 907,022 848,916 4556,577 542,814 358,429 882,564 654,032 2845,010 Redemption fund f o r

693,063 61,389 69,750 F. R. n o t e s 693,063 61,389 69,750 53,875 77,141 77,777 51,659 102,885 47,950 24,480 38,076 27,143 60,938

To ta l gold c e r t i f i c a t e r e s e r v e s 22,150,317 758,205 6,626,628 1268,227 1470,985 984,799 900,575 4659,462 590,764 382,909 920,640 681,175 2905,948

Other cash 335,438 29,290 58,322 17,236 31,567 17,121 30,055 62,822 19,281 8,662 11,852 10,603 38,627 Discounts and advances 770,102 19,919 260,412 53,060 72,648 43,444 12,000 153,845 37,282 12,649 48,706 25,987 30,150 I n d u s t r i a l loans 4,534 — - - 3,738 — 90 611 - - •> — 95 U. S. Govt, s e c u r i t i e s :

B i l l s 375,000 26,607 86,593 23,569 37,434 25,345 21,705 53,629 20,325 11,937 l 6 , 4 l 6 17,188 34,252 C e r t i f i c a t e s 11,872,216 840,997 2,756,085 744,998 1183,236 801,135 686,053 1695,140 642,433 377,299 518,887 543,305 1082,648 Notes 5 ,568,073 395,060 1 ,285,752 349,965 555,827 376,335 322,274 796,296 301,784 177,237 243,748 255,218 508,577 Bonds 5 ,235,823 371,487 1,209,030 329,082 522,661 353,879 303,044 748,780 283,776 166,662 229,203 239,989 478,230

To ta l U. S. Government s e c u r i t i e s 23,051,112 1634,151 5 ,337,460 1447,614 2299,158 1556,694 1333,076 3293,845 1248,318 733,135 1008,254 1055,700 2103,707

To ta l loans and s e c u r i t i e s 23,825,748 1654,070 5,597,872 1504,412 2371,806 1600,228 1345,687 3447,690 1285,600 745,879 1056,960 1081,687 2133,857

Due from f o r e i g n banks 23 1 1 / 7 2 2 1 1 3 1 1 l 1 2 F . R . n o t e s of o t h e r banks 183,259 4,169 23,734 7 ,163 5,700 36,613 17,972 16,966 7,071 20,006 10,136 6 ,371 27,358 Uncol lec ted cash i tems 3,686,797 303,903 695,580 227,319 314,394 308,335 262,335 599,035 162,175 107,123 196,390 163,474 346,734 Bank premises 45,341 985 7 ,708 2,964 4 ,729 4,737 3,603 6,645 3,129 1,064 2,347 636 6,794 Other a s s e t s 225,827 18,116 50,712 13,924 22,322 15,547 13,453 31,823 11,888 7 ,006 9 ,991 10,658 20,387

TOTAL ASSETS 50,452,750 2768,739 13,060,563 3041,247 4221,505 2967,381 2573,681 8824,446 2079,909 1272,650 2208,317 1954,605 5479,707

l / A f t e r deduct ing $16,000 p a r t i c i p a t i o n s of o the r Federa l Reserve Banks.

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

E . 4 . 1 ( c )

L I A B I L I T I E S

F e d e r a l Reserve no tes D e p o s i t s :

Member bank - r e se rve a c c t s . U . S . T r e a s u r e r - g e n e r a l a c c t Fo re ign Other

T o t a l d e p o s i t s D e f e r r e d a v a i l . cash i tems Other l i a b i l i t i e s and

acc rued d iv idends

TOTAL LIABILITIES C a p i t a l p a i d i n Surp lus (Sec t ion 7 ) Surp lus (Sec t ion 13b) Other c a p i t a l accounts

TOTAL LIABILITIES AND CAPITAL ACCOUNTS

Cont ingent l i a b i l i t y on accep tances purchased f o r f o r e i g n co r re sponden t s

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

F . R. n o t e s o u t s t a n d i n g C o l l a t e r a l f o r F.R.. n o t e s :

Gold c e r t i f i c a t e s E l i g i b l e paper U. S. Govt, s e c u r i t i e s

T o t a l c o l l a t e r a l

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON AUGUST 13, 1952 ( In thousands of d o l l a r s )

T o t a l Boston New York P h i l a . Cleve, Rich . A t l a n t a Chicago St .Louis Mpls . Kans.Cy. P a l l a s SanFran.

24,889,679 1530,607 5,496,114 1751,475 2264,319 1732,903 1353,302 4748,676 1138,069 624,159 989,872 722,479 2537,704

20,135,775 852,733 421,798 28,344 863,737 52,136 192,518 5,587

6 ,260 ,733 932,636 1494,328 95,705 27 ,111 25,354

1/276,772 65,590 77,363 126.483 1 .471 3,983

850,734 30,362 42,886

5,020

891,326 3298,251 712,875 25,197 58,554 14,479 36,159 116,885 31,954

2 ,273 1.998 8,829

480,712 24,976 21,863

1.557

951,540 997,999 2411,908 38,667 20,189 32,860 31,954 31,954 78 ,221 1,220 869 33,228

21,613,828 938,800 2 ,959 ,771 236,812

6 ,759,693 1026,808 1601,028 521,031 187,593 263,872

929,002 954,955 3475,688 768,137 529,108 1023,381 1051,011 2556,217 252,377 220,372 462,638 132,968 92,258 155,467 141,126 293,257

14,738 880 3,974 723 1,360 832 788 2,162 699 551 693 636 1,440

49,478,016 2707,099 12,780,812 2966,599 4130,579 246,352 13,188 77,146 17,188 23,700 538,342 34,192 159,743 41,493 50,648 27,543 3 ,011 7 ,319 4 ,489 1,006

162.497 11,249 35,543 11,478 15,572

2915,114 2529,417 10,818 10,179 27,025 23,871

3,349 762 11,075 9,452

8689,164 2039,873 1246,076 2169,413 1915,252 31,871 8,635 5,470 9,316 11,949 79,601 21,788 14,063 20,367 18,210

1,429 521 1 ,073 1,137 1,307 22,381 9,092 5,968 8,084 7,887

5388,618 26,892 47,341

2 ,140 14,716

50,452,750 2768,739 13,060,563 3041,247 4221,505 2967,381 2573,681 8824,446 2079,909 1272,650 2208,317 1954,605 5479,707

9,026 6,287

560 2/2,726 704 2,090

830 711

460 61

388 1,255 2,243

343 235 343 794

343 839 388

FEDERAL RESERVE AGENTS' ACCOUNTS

25,810,912 1585,807 5,744,695 1806,598 2331,099 1810,623 1412,471 4836,633 1182,347 640,982 1020,496 756,590 2682,571

13,294,000 400,000 4,520,000 750,000 810,000 450,000 485,000 2900,000 270,000 170,000 280,000 259,000 2000,000 474,656 17,656 245,095 51,890 39,082 35,695 11,700 48,082 25,456

13,475,000 1300,000 1,400,000 1100,000 1575,000 1400,000 950,000 2000,000 950,000 505,000 750,000 545,000 1000,000 27,243,656 1717,656 6,165,095 1901,890 2385,000 1889,082 1435,000 4900,000 1255,695686,700 1078,082804,000 3025,456

1 / A f t e r deduct ing $586,949,000 p a r t i c i p a t i o n s of o the r Federa l Reserve Banks. 2 / A f t e r deduct ing $6,300,000 p a r t i c i p a t i o n s of o t h e r Fede ra l Reserve Banks.

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