H.4.1 Factors Affecting Reserve Balances of Depository Institutions

BOARD OP GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.U.I (For Immediate Release) September 11, 1952. 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. Change since Member Bank Reserves Sept. 10, Sept. 3, Sept. 12, and Related Items 1952 1952 1951 (in millions of dollars) Reserve Bank credit: U. S. Government securities 23,229 + 47 + 121 Loans, discounts and advances 884 - 89 + 553 Float 759 + 98 - 186 Total 24,872 + 56 + 488 Gold stock 23,344 +1,491 - - Treasury currency outstanding 4,776 + 2 + 103 Money in circulation 29,364 - 27 +1,148 Treasury cash holdings 1,279 - 6 - 15 Treasury deposits with F. R. Banks 347 -368 - 127 Foreign deposits with F. R. Banks 789 - 26 + 9 Other deposits with F. R. Banks 159 - 92 - 108 Other F. R. accounts (net) 715 - 2 + 2 Member bank reserves 20,340 +580 +1,173 Required reserves (estimated) 19,52T49 + 3 + 966 Excess reserves (estimated) +577 + 207 Daily average excess reserves (estimated) 774 +197 + 23 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 dollars) Change since Sept. 10, Sept. 3, Sept. 12, 1952 1952 1951 A S S E TS Gold certificates 21,445,503 „ 2,998 + 1,500,824 Redemption fund for F. R. notes 697,659 •• 594 + 23,230 Total gold certificate reserves 22,143,162 3,592 + 1,524,054 - Other cash 324,196 + 9,360 + 12,074 Discounts and advances 879,830 88,223 555,048 Industrial loans 4,613 119 1,156 - - U. S. Government securities: Bills 555,500 + 75,400 42,822 Certificates 11,869,216 - 28,700 + 7,019,841 Notes 5,568,073 - - - - 6,270,392 Bonds 5,235,823 586,279 - - — - Total U. S. Government securities 23,228,612 + 46,700 "f 120,3^8 Total loans and securities 24,113,055 - 41,642 + 674,240 Due from foreign banks 23 - 15 F. R. notes of other bankg 188,687 + 7,128 + 13,924 Uncollected cash items 3,573,839 + 252,343 128,383 - Bank premises 45,309 + 25 + 2,988 Other assets 256,800 + 8,187 + 47,259 TOTAL ASSETS 50,645,071 + 231,809 + 2,146,141 L I A B I L I T I ES Federal Reserve notes 25,179,200 21,262 + 1,089,810 - Deposits: Member bank--reserve accounts 20,340,065 + 579,779 + 1,173,279 U. S. Treasurer—general account 346,839 - 368,574 - 126,942 Foreign 788,612 - 26,122 + 8,538 Other 158,650 - 92,012 - 108,815 Total deposits 21,634,'166 "WtoSo + 93,071 + Deferred availability cash items 2,814,581 + 154,051 57,727 Other liabilities and accrued dividends 15,715 - 729 557 TOTAL LIABILITIES 49,643,662 + 225,131 + 2,093,040 C A P I T AL A C C O U N TS Capital paid in 246,471 56 + 13,339 Surplus (Section 7) 538,342 ~ ~ + 28,320 Surplus (Section 13b) 27,543 w «» ew mm Other capital accounts 189,053 + 6,622 + 11,442 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 50,645,071 + 231,809 + 2,146,141 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined 47.3# .1% + 1.3# - Contingent liability on acceptances purchased for foreign correspondents 9,119 + 39 14,654 Industrial loan commitments 6,169 121 664 - MATURITY DISTRIBUTION OF LOANS AND SECURITIES, SEPTEMBER 10, 1952 (Callable Government securities classified according to nearest call date) Discounts and Industrial U. S. Government advances loans securities Within 15 days 814,208 671 127,500 16 to 90 days 65,603 812 7,221,500 91 days to 1 year 19 2,620 6,795,941 Over 1 year to 5 years 510 5,941,352 Over 5 years to 10 years 1,070,224 Over 10 years 2,072,095 Total 879,830 Digitized for FRASER 4,613 23,228,612 http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

HA.1(b) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON SEPTEMBER 10, 1952 (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. 369,597 851,980 667,178 Gold certificates 21,445,503 698,048 6,440,899 1197,754 1387,032 984,409 882,537 4524,019 543,590 2898,460 Redemption fund for 697,659 61,083 68,288 74,788 47,786 39,959 29,032 60,706 F. R. notes 55,323 82,464 51,374 102,424 24,432 Total gold certificate reserves 22,143,162 759,131 6,509,187 1253,077 1469,496 1059,197 933,911 4626,4431 559911,,337766 3 39944,,002299 8 8 9 9 1 1 ,9 , 3 93 9 9 696,210 2959,166 Other cash 324,196 31,571 57,755 19,102 27,898 18,500 24,691 60,435 141,48,28626 6,463,4434 12 1 ,4 2 5 ,4 9 59 12,837 37 688 Discounts and advances 879,830 20,463 287,848 80,902 82,928 34,252 15,235 l6l,623 i 6633,,111177 131,35,95999 616,19,49646 24,387 33 530 3,853 Industrial loans 4,6l3 -- — — 84 583 - ' 93 " U. S. Govt, securities: 555,500 202,490 45,819 31,023 26,567 21,038 Bills 32,5b7 28,849 65,642 ! 2244,,887777 l41,46,l6l11 202,00,90393 41,924 Certificates 11,869,216 840,997 2,753,085 744,998 1183,236 801,135 686,053 1695 ,~ ' 1 6 ~ 4 2 ~ ,4 3 ~ 3 ~ 3 " 77 ,299 518,887 Notes 5,568,073 395,060 1,285,752 349,965 555,827 376,335 322,274 796, • 301,784 177,237 243,748 ; Bonds 5,235,823 371,487 1,209,030 329,082 522,661 353.879 303.044 748 ' ' 283,776 166,662 229,203 : Total U. S. Government securities 23,228,612 l64o,in 5,450,357 1452,894 2307,543 1562,372 1337,938 3305,858 1252,870 735,809 1011,931 1059,550 2111,379 Total loans and —— - 1 — — 1315,987 1073,877 1083,937 2144,909 securities 24,113,05.5 l66o,574 5,738,205 1537,649 2390,471 1596,708 1353,756 3467,481 749,501 Due from foreign banks 23 1 1/ 7 2 2 1 1 3 1 X X x 2 188,687 26,832 F.R.notes of other banks 5,921 27,846 8,417 7,424 19,677 19,003 8,877 22,198 8,661 9,349 24,482 266,269 165,938 209,798 176 Uncollected cash items 3,573,839 622,412 2l6,98l 299,938 311,362 244,326 603,375 114,115 701 342 624 45,309 980 2,958 4,726 6,619 1,062 632 6^791 Bank premises 7,717 4,720 3,664 3,109 2,331 Other assets 256,800 20,501 57,697 15,924 25,612 17,324 15,232 36,280 13,529 8,011 11,361 12,074 23^255 TOTAL ASSETS 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. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1(c) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON SEPTEMBER 10, 1952 (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 San.Fran. Federal Reserve notes 25,179,200 1538,390 5,529,037 1768,684 2293,491 1786,328 1378,774 4774,193 1152,104 632,971 998,291 740,781 2586,156 Deposits: Member "bank-reserve accts. 20,340,065 839,549 6,341,413 950,044 1495,862 867,707 902,083 3307,489 726,923 487,950 963,134 1021,526 2436,385 30,585 18,627 U.S.Treasurer-general acct. 346,839 31,962 54,744 16,080 21,992 29,177 50,556 30,259 21,255 15,975 25,627 Foreign 788,612 48,385 1/243,877 60,871 71,797 39,800 33,557 108,476 29,655 20,290 29,655 29,655 72,594 Other 158,650 4,646 89,295 1,348 4,591 6,512 2,857 2,489 9,619 1,280 326 855 34,832 539,779 1068,011 2569,438 Total deposits 21,634,166 924,542 6,729,329 1028,343 1594,242 943,196 969,082 3469,010 784,824 1014,370 Deferred avail. cash items 2,814,581 217,570 471,964 180,014 242,486 250,255 200,820 435,181 134,548 94,629 157,030 141,800 288,284 Other liabilities and 616 617 1,368 accrued dividends 15,715 994 4,356 799 1,759 845 764 2,192 731 674 TOTAL LIABILITIES 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 5445,246 Capital paid in 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 Surplus (Section 7) 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 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 189,053 13,050 41,870 13,143 18,226 12,822 10,980 26,118 10,514 6,749 9,232 9,061 17,288 TOTAL LIABILITIES AND 13,020,826 8819,639 CAPITAL ACCOUNTS 50,645,071 2744,948 3054,110 4225,561 3034,650 2595,258 2113,643 1295,351 2210,427 1991,741 5538,917 Contingent liability on acceptances purchased for foreign correspondents 9,119 565 2/2,75 711 839 465 392 1,268 347 237 347 347 848 Industrial loan commitments 6,169 2,011 689 61 2,240 787 381 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 2726,658 Collateral for F.R. notes: Gold certificates 13,214,000 400,000 4,520,000 750,000 773355,0,00000 449900,0,00000 510,000 2930,0002 70,000 170,000 280,000 259,000 1900,000. Eligible paper 563,641 18,200 273,025 78,055 — 31,040 61,530 12,650 60,505 --- 28,636 U* S. Govt, securities 13,550.000 1300,000 1,400,000 1100,000 1650,000 1400,000 9 50,000 2000,000 950,000 505,000 750,000 545,000 1000,000 1718,200 1928,055 2385,000 1281,530 687,650 2928,636 Total collateral 27,327,641 6,193,025 1921,040 1460,000 4930,000 1090,505 804,000 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. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis