H.4.1 Factors Affecting Reserve Balances of Depository Institutions

BOARD OF GOVERNORS OF THE FEDERA LRESERVE SYSTEM H..4.1 (For Immediate Release) August 21, 1952. CONDITION OF THE FEDERA LRESERVE BANKS Member Bank Reserves and Related Items During the week1ended August 20, Member bank reserves increased $131 million. The principal changes supplying reserves were an increase of $257 million in Reserve Bank credit and a decrease of $25 million in Foreign deposits with Federal Reserve Banks. The principal offsetting changes were increases of $104 million in Treasury deposits with Federal Reserve Banks, $25 million in Other deposit swith Federal Reserve Banks, and $17 million in Money in circulation. The increase of $257 millio nin Reserve Bank credit resulted from increases of $208 million in Loans, discounts and advances and $68 million in Float, and a decrease of $19 millio nin U. S. Government securities. The decrease in holdings of U. S. Government securities was entirely in certificates. Change since Member Bank Reserves August 20, August 13, August 22, and Related Items 1952 1952 1951 (In millions of dollars) Reserve Bank credit: U. S. Government securities 2 3 , 0 32 - 19 - 52 Loans, discounts and advances 983 +208 + 763 Float 795 + 68 - 76 Total 24,810 +257 + 635 Gold stock 23,344 — — +1,544 Treasury currency outstanding 4 , 7 66 + 2 + 99 Money in circulation 2 9 , 0 68 + 17 +1,136 Treasury cash holdings Treasury deposits with F. R. Banks 1 , 2 81 + 4 - 11 526 +104 + 92 Foreign deposits with F. R. Banks 839 + 14 - 25 Other deposits with F. R. Banks 218 + 25 - 53 Other F. R. account s(net) 721 + 3 + 3 Member bank reserves 20,267 +131 +1,095 Si Required reserves (estimated) 19,61? Excess reserves ^estimated) - 20 + 1 , 1 00 +151 5 Daily average excess reserves (estimated) 7 11 + 6 - 36 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1(a) STATEMENT OF CONDITION OF THE TWELVE FEDERA LRESERVE BANKS COMBINED (In thousands of dollars) Change since _ i Aug. 80, "Aug, 13, " Aug. 22, 1952 1952 1951 A S S E TS Gold certificates 21,453,501 - 3,753 + 1,554,099 Redemption fund for F. R. notes 6 9 5 , 2 38 + 2,175 + 3 0 , 3 61 Total gold certificate reserves 22,148,739 1,576 + 1,584,460 - Other cash 345,085 + 9,647 + 16,495 Discounts and advances 978,998 + 2 0 8 , 8 96 + 764,736 Industrial loans 4,482 52 947 - U. S. Government securities: Bills 375,000 - -- - 199,492 Certificates 19,000 + 7,004,641 1 1 , 8 5 3 , 2 16 - Notes 5,568,073 6,270,392 --- - Bonds 5,235,823 586,279 - Total U. S. Government securities 23,032,112 19,000 51,522 - - Total loans and securities 24,015,592 + 189,844 + 712,267 Due from foreign banks 23 15 - F. R. notes of other banks 1 8 2 , 8 38 — 421 + 31,187 Uncollected cash items 3,742,400 + 55,603 + 354,219 Bank premises 45,434 + 93 + 3,105 Other assets 231,059 + 5,232 4- 44,423 TOTAL ASSETS 50,711,170 + 258,420 + 2,746,141 L I A B I L I T I ES Federal Reserve notes 24,916,058 + 26,379 + 1,115,170 Deposits: Member bank—reserve accounts 20,267,016 + 131,241 + 1,095,260 U. S. Treasurer—general account + 104,183 + 92,369 5 2 5 , 9 81 Foreign 839,161 24,576 + 14,535 - Other 2 1 7 , 8 85 + 25,367 52,903 Total deposits 21,850,043 + 236,215 + 1,149,261 Deferred availability cash items 2,947,751 12,020 + 431,061 - Other liabilities and accrued dividends 15,883 + 1,145 + 615 TOTAL LIABILITIES 49,729,735 + 2 5 1 , 7 19 2,696,107 C A P I T AL A C C O U N TS Capital paid in 246,384 + 32 + 13,489 Surplus (Section 7) 538,342 mm mm ~ + 28,320 Surplus (Section 13b) 27,543 — — — — — — Other capital accounts 1 6 9 , 1 66 + 6 , 6 69 + 8,225 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 50,711,170 + 258,420 + 2,746,141 Ratio of gold certificat ereserves to deposit and F. R. not eliabilities combined 47.4% .2 $> 11..22## - 4- Contingent liability on acceptances purchased for foreign correspondents 9,136 + 110 14,989 - Industrial loan commitments 6,277 - 10 + 2,501 MATURITY DISTRIBUTION QF LOANS AND SECURITIES, AUGUST 20, 1952 (Callable Government securities classified according to nearest cal ldate) Discounts and Industrial U. S. Government advances loans securities Within 15 days 794,219 775 50,500 l6 to 90 days 184,733 872 7,102,000 91 days to 1 year 46 2,619 6,795,941 Over 1 year to 5 years 216 5,941,352 Over 5 years to 10 years 1,070,224 Over 10 years 2,072,095 Digitized for FRATSoEtRa l 978,998 4,482 23,032,112 http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF CONDITION OF THE FEDERA LRESERVE BANKS ON AUGUST 20, 1952 H.4.1,(b) (in thousands of dollars) A S S E TS Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Mpls. Kans.Cy. Dallas SanFran. Gold certificates 21,453,501 6 6 3 , 8 61 6,727,562 1159,652 1373,455 8 8 6 , 8 58 854,548 4629,707 558,302 357,949 840,398 635,831 2765,378 Redemption fund for F. R. notes 695,238 61,316 69,463 53,756 80,785 77,154 51,580 102,796 47,895 24,470 38,051 27,099 60,873 Total gold certificate reserves 22,148,739 725,177 6,797,025 1213,408 1454,240 964,012 906,128 4732,503 606,197 382,419 878,449 662,930 2826,251 Other cash 345,085 31,694 60,825 18,296 30,113 18,667 30,119 63,617 18,615 8,729 12,639 11,369 40,402 Discounts and advances 978,998 2 7 , 6 88 270,008 8 4 , 5 67 6 6 , 3 44 72,332 11,335 125,495 49,907 24,824 68,886 43,187 134,425 Industrial loans 4,482 3,723 86 578 95 U.S. Govt, securities: Bills 375,000 26,607 86,593 23,569 37,434 25,345 21,705 53,629 20,325 11,937 16,416 17,188 34,252 Certificates 11,853,216 840,997 2,737,085 7 4 4 , 9 98 1 1 8 3 , 2 36 801,135 6 8 6 , 0 53 1695,140 642,433 377,299 5 1 8 , 8 87 543,305 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 1 6 6 , 6 62 229,203 239,989 478,230 TQsecuritiesGOVernment 23,032,112 1634,151 5,3X8,460 l44?,6l4 2299,158 1556,694 1333,076 3293,845 1248,318 733,135 1008,254 1055,700 2103,707 ^securities" 2 4 , 0 1 5 , 5 92 1 6 6 1 , 8 39 5 , 5 8 8 , 4 68 1535,904 2 3 6 5 , 5 02 1 6 2 9 , 1 12 1344,989 3 4 1 9 , 3 40 1 2 9 8 , 2 25 7 5 8 , 0 54 1 0 7 7 , 1 40 1 0 9 8 , 8 87 2 2 3 8 , 1 32 Due from foreign banks 23 1 l/ 7 2 2 11 3 1 1 1 1 2 F.R.notes of other banks 4,454 6,997 7,392 17,398 6,957 22,682 9,639 5,154 25,451 1 8 2 , 8 38 2 3 , 6 75 3 6 , 0 58 1 6 , 9 81 Uncollected cash items 3,742,400 235,637 335,004 299,584 246,353 590,404 150,225 100,934 208,279 197,772 384,688 3 3 7 , 8 58 6 5 5 , 6 62 Bank premises 45,434 985 7,734 2,964 4,729 4,737 3,667 6,646 3,130 1,064 2,347 636 6,795 Other assets 231,059 18,470 52,018 14,196 23.038 15,634 13,747 32,593 11,947 7,184 10,221 20,942 1 1 , 0 69 TOTAL ASSETS 5 0 , 7 1 1 , 1 70 2780,478 13,185,4l4 3027,404 4220,020 2 9 6 7 , 8 05 2561,985 8862,504 2095,297 1 2 8 1 , 0 67 2 1 9 8 , 7 15 1 9 8 7 , 8 18 5542,663 1/ After deducting $16,000 participations of other Federa lReserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF CONDITION OF THE FEDERA LRESERVE BANKS ON AUGUST 20, 1952 H.4.1(c) (In thousands of dollars) L I A B I L I T I ES Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Mpls. Kans.Cy. Dallas SanFran. Federal Reserve notes 24,916,058 1 5 3 0 , 5 61 5 , 5 0 3 , 7 06 1753,209 2268,679 1747,528 1352,040 4756,373 1137,84 4625,146 988,894 723,211 2 5 2 8 , 8 67 Deposits; Member bank-reserve accts. 20,267,016 862,882 6,371,532 909,256 1507,144 848,965 874,788 3313,506 720,319 474,667 939,204 1002,024 2442,729 U.S.Treasurer-general acct. 525,981 33,653 77,605 38,310 11,115 36,474 43,734 74,590 3 8 , 5 61 46,584 38,540 2 8 , 3 98 58,417 Foreign 839,161 49,743 1/279,139 62,579 73,812 40,917 34,499 111,520 30,487 20,860 30,487 30,487 74,631 Other 305 6l4 35,397 Total deposits 2 1 , 8 5 0 , 0 43 950,307 6 , 8 8 3 , 4 75 1 0 1 1 , 4 56 1 5 9 5 , 8 54 929,472 955,367 3501,903 797,360 5 4 3 , 6 16 1 0 0 8 , 5 36 1 0 6 1 , 5 23 2611,174 Deferred avail, cash items 2,947,751 2 3 6 , 6 10 5 1 1 , 8 82 1 8 6 , 8 68 262,349 237,323 209,210 465,618 119,240 8 4 , 9 58 1 6 1 , 4 56 162,736 309,501 Other liabilities and accrued dividends 1 5 , 8 83 815 5,144 802 1,610 785 753 2,393 465 579 634 707 1,196 TOTAL LIABILITIES 49,729,735 2718,293 1 2 , 9 0 4 , 2 07 2952,335 4 1 2 8 , 4 92 2 9 1 5 , 1 08 2517,370 8 7 2 6 , 2 87 2 0 5 4 , 9 09 1254,299 2 1 5 9 , 5 20 1948,177 5450,738 Capital paid in 246,384 1 3 , 1 90 77,146 1 7 , 1 89 2 3 , 7 00 1 0 , 8 18 1 0 , 1 81 31,879 8,64o 5,470 9,324 11,949 2 6 , 8 98 Surplus (Section 7) 538,342 34,192 159,743 41,493 5 0 , 6 48 2 7 , 0 25 2 3 , 8 71 7 9 , 6 01 2 1 , 7 88 14,063 2 0 , 3 67 1 8 , 2 10 47,341 , Surplus (Section 13b) 27,543 3,011 7,319 4,489 1,006 3,349 762 1,429 521 1,073 1,137 1,307 2,140 Other capital accounts 1 6 9 , 1 66 1 1 , 7 92 36,999 1 1 , 8 98 16.174 11,505 9 , 8 01 2 3 , 3 08 9,439 6 , 1 62 8 , 3 67 8,175 15,546 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 5 0 , 7 1 1 , 1 70 2 7 8 0 , 4 78 1 3 , 1 8 5 , 4 14 3 0 2 7 , 4 04 4 2 2 0 , 0 20 2 9 6 7 , 8 05 2 5 6 1 , 9 85 8 8 6 2 , 5 04 2095,297 1 2 8 1 , 0 67 2 1 9 8 , 7 15 1 9 8 7 , 8 18 5542,663 Contingent liability on acceptances purchased for foreign correspondents 9A36 566 2/2,759 713 84i 466 393 1,270 347 237 347 347 8 50 Industrial loan commitments 6,277 2 , 0 85 706 61 2,243 7 94 388 FEDERAL RESERVE AGENTS' ACCOUNTS F. R. notes outstanding 2331,949 1413,743 2 5 , 8 6 2 , 0 35 1 5 9 3 , 2 78 5 , 7 6 4 , 7 18 1 8 0 6 , 3 50 1 8 2 6 , 7 77 4 8 4 7 , 5 12 1 1 7 7 , 6 29 6 3 8 , 6 72 1 0 1 8 , 2 19 7 5 6 , 1 78 2 6 8 7 , 0 10 Collateral for F.R. notes: Gold certificates 1 3 , 2 1 9 , 0 00 400,000 4 , 5 2 0 , 0 00 7 5 0 , 0 00 7 3 57,3050,0000 4 5 0 , 0 00 4 8 5 , 0 00 2 9 0 0 , 0 00 2 7 0 , 0 00 1 7 0 , 0 00 2 8 0 , 0 00 259,000 2000,000 Eligible paper 6^9,4-,r4-4r*1 ^ , - r2w 52,54625, 2 05 8 1 , 7 20 —- 6 8 , 7 20 — — 4 8 , 3 20 2 3 , 8 75 6 7 , 4 45 122,731 U. S. Govt, securities 13,550,000 1300,000 1 , 4 0 0 , 0 00 1 1 0 0 , 0 00 1 6 5 0 , 0 00 1 4 0 0 , 0 00 950,000 2 0 0 0 , 0 00 950,000 505,000 750,000 5 4 5 , 0 00 1 0 0 0 , 0 00 Total collateral 3122,731 2 7 , 4 6 3 , 4 41 1 7 2 5 , 4 25 6 , 1 7 6 , 2 05 1 9 3 1 , 7 20 2 3 8 5 , 0 00 1 9 1 8 , 7 20 1 4 3 5 , 0 00 4 9 0 0 , 0 00 1 2 6 8 , 3 20 6 9 8 , 8 75 1 0 9 7 , 4 45 8 0 4 , 0 00 l/ After deducting $$60,006,000 participation sof other Federa lReserve Banks. 2/ After deducting $6,377,000 participations pf other Federal Reserve Banks, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis