H.4.1 Factors Affecting Reserve Balances of Depository Institutions

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.4.1 (For Immediate Release) October 2%, 1952 CONDITION OF THE FEDERAL RESERVE BAMS Member Bank Reserves and Related Items During the week ended October 22, Member bank reserves increased $166 million. The principal changes supplying reserves were an increase of $542 million in Reserve Bank credit and a decrease of $106 million in Money in circulation. The principal offsetting changes were increases of $4o6 million in Treasury deposits with Federal Reserve Banks and $66 million in Other deposits with Federal Reserve Banks. The increase of $542 million in Reserve Bank credit resulted from increases of $358 million in Loans, discounts and advances and $183 million In Float. Holdings of U. S. Government securities reflected an increase of $5 million in bills and a decrease of $5 million in certificates. Change since Member Bank Reserves Oct. 22, Oct. 15, Oct. 24, and Related Items 1952 1952 1951 (In millions of dollars) Reserve Bank credit: U, S. Government securities 23,663 — — 3 Loans, discounts and advances 1,134 +358 + 978 Float 1,070 +183 + 51 Total 25,867 +542 +1,026 Gold stock 23,340 - 1 +1,196 Treasury currency outstanding 4,790 + 3 + 107 Money in circulation 29,511 -106 +1,210 Treasury cash holdings 1,281 + 5 10 Treasury deposits with F. R. Banks 618 +4o6 + 109 Foreign deposits with F. R. Banks 684 + 9 + 29 Other deposits with F. R. Banks 245 + 66 + 14 Other F. R. accounts (net) 878 - 3 + 28 +166 Member bank reserves 20,779 + 946 Required reserves (estimated) 19,988- - 34 ++ 884444 Excess reserves (estimated) +200 + 102 Daily average excess reserves (estimated) 883 + 68 149 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 Oct. 22, Oct. 15, Oct. 24/ 1952 1952 1951 A S S E TS Gold certificates 21,423A04 5,000 + 1,177,423 Redemption fund for F. R. notes 713,038 1,613 + 44,748 Total gold certificate reserves 22,136,142 3,187 + 1,222,171 Other cash 323,840 1,815 + 6,134 Discounts and advances 1,130,029 + 358,375 + 978,152 Industrial loans 4,401 + 108 - 148 U. S. Government securities: Bills 371,200 5,000 53,095 Certificates 4,995,716 5,000 - 7,852,592 Notes 13,773,671 + 8,705,598 Bonds 4,521,975 - 803,252 Total U. S. Government securities 23,662,562 3.3*1 Total loans and securities 24,796,992 358,483 + 974,663 Due from foreign "banks 23 10 F. R. notes of other banks 185,635 24,748 + 13,182 Uncollected cash items 4,253,041 561,000 + 559,543 Bank premises 45,657 2 + 2,693 Other assets 135,712 _ +8,421 26,396 TOTAL ASSETS 51,577,042 170,722 + 2,004,772 L I A B I L I T I ES Federal Reserve notes 25,307,977 - 79,671 + 1,139,269 Deposits: Member bank--reserve accounts 20,778,859 + 166,058 + 946,300 U. S. Treasurer—general account 618,219 + 405,730 + 108,925 Foreign 683,668 + 8,877 + 29,020 Other 245,063 + 66,078 + ^,285 Total deposits 22,325,809 + 646,743 + 1,095,530 Deferred availability cash items 3,183,416 - 743,767 + 508,953 Other liabilities and accrued dividends 17,122 - 731 + 1,221 TOTAL LIABILITIES 50,534,324 : 177,426 + 2,747,973 C A P I T AL A C C O U N TS Capital paid in 247,935 + 64 + 13,566 Surplus (Section 7) 538,342 — + 28,320 Surplus (Section 13b) 27,543 Other capital accounts 228,898 + 6,640 + 14,913 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 51,877 642 : 170,722 + 2,504,772 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined 46.5% .5# .4# Contingent liability on acceptances purchased for foreign correspondents 14,540 + 368 - 3,836 Industrial loan commitments 5,927 - 33 - 1,239 MATURITY DISTRIBUTION OF LOANS AND SECURITIES, OCTOBER 22, 1952 (Callable Government securities classified according to nearest call date) Discounts and Industrial U. S. Government advances loans securities Within 15 days 969,487 353 17&000 16 to 90 days 160,542 1,722 192,200 91 days to 1 year 2,002 6,715,941 Over 1 year to 5 years 324 14,146,950 Over 5 years to 10 years 1,070,224 Over 10 years 1,358,247 Total Digitized for FRASER 1,130,029 4,401 23,662,562 http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1(b) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON OCTOBER 22, 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. Gold certificates 21,423,104 657,543 6,829,857 1204,399 1446,660 940,399 859,159 4378,528 614,381 353,423 806,905 610,355 2721,495 Redemption fund for F. R. notes 771133,,003388 6622,,331100 7700,,669977 55,930 8833,,336666 79,907 5500,,662277 110066,,332222 50,463 24,794 39,722 28,814 60,086 Total gold certificate reserves 22,136,142 719,853 6,900,554 1260,329 1530,026 1020,306 909,786 * 1 CO 0 664,844 378,217 846,627 639,169 2781,581 Other cash 323,840 28,534 64,307 18,542 24,433 18,417 25,603 59,930 14,947 6,277 12,504 11,698 38,648 Discounts and advances 1,130,029 6,410 74,130 60,100 85,610 89,445 42,085 263,635 71,160 40,475 101,548 70,610 224,821 Industrial loans 4,401 -- 3,934 -- 68 313 — - — 86 -- — — — «- U. S. Govt, securities: Bills 371,200 10,369 85,715 23,330 37,055 25,089 21,485 53,086 20,119 11,816 16,249 17,014 49,873 Certificates 4,995,716 354,451 1,153,587 313,991 498,692 337,650 289,147 714,443 270,762 159,018 218,693 228,984 456,298 Notes 13,773,671 977,256 3,180,547 865,703 1374,943 930,935 797,206 1969,786 746,519 438,430 602,956 631,330 1258,060 Bonds 4,521,975 320,839 1,044,192 284,215 451,402 305,631 261,727 646,692 245,087 143,939 197,954 207,269 413,028 Total U. S. Government securities 23,662,562 1662,915 5,464,041 1487,239 2362,092 1599,305 1369,565 3384,007 1282,48? 753,203 1035,852 1084,597 2177,259 Total loans and securities 24,796,992 1669,325 5,538,171 1551,273 2447,702 1688,818 1411,963 3647,642 1353,64? 793,764 1137,400 1155,207 2402,080 Due from foreign banks 23 1 1/ 7 2 2 1 1 3 1 1 1 1 2 F.R.notes of other banks 185,635 3,991 32,120 10,009 7,977 26,366 19,902 19,752 7,878 12,415 9,495 9,229 26,501 Uncollected cash items 4,253,041 425,387 751,392 256,546 349,926 352,044 257,064 700,588 176,723 116,870 247,428 201,349 417,724 Bank premises 45,657 976 7,733 3,096 4,675 4,845 3,807 6,631 3,089 1,059 2,322 629 6,795 Other assets 135,712 11,880 30,308 8.207 13,053 8,945 , 8,581 18,929 6,917 4,101 5,975 6,812 12,004 TOTAL ASSETS 51,877,042 2859,947 13,324,592 3108,004 4377,794 3119,742 2636,707 8938,325 2228,046 1312,704 2261,752 2024,094 5685,335 l/ After deducting $16,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON OCTOBER 22, 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. 6,829,857 859,159 614,381 806,905 Gold certificates 21,423,104 657,543 1204,399 1446,660 940,399 4378,528 353,423 610,355 2721,495 Redemption fund for , , , „ „ , 83,366 60.086 F. R. notes 713,038 62.310 70,697 55.930 79,907 50,627 106,322 50,463 24,794 39,722 28.8l4 "Reserves °ertlflCate 22,136,142 719,853 6,900,554 1260,329 1530,026 1020,306 909,786 4484,850 664,844 378,217 846,627 639,169 2781,581 25,603 11,698 Other cash 323,840 28,534 64,307 18,542 24,433 18,417 59,930 14,947 6,277 12,504 38,648 85,610 263,635 Discounts and advances 1,130,029 6,410 74,130 60,100 89,44$ 42,085 71,l6o 40,475 101,548 70,610 224,821 Industrial loans 4,401 -- -- 3,934 -- 68 313 -- — 86 U. S. Govt, securities: 25,089 Bills 371,200 10,369 85,715 23,330 37,055 21,485 53,086 20,119 11,816 16,249 17,014 49,873 270,762 456,298 Certificates 4,995,716 354,451 1,153,587 313,991 498,692 337,650 289,147 714,443 159,018 218,693 228,984 602,956 1258,060 Notes 13,773,671 977,256 3,180,547 865,703 1374,943 930,935 797,206 1969,786 746,519 438,430 631,330 207,269 Bonds 4,521,975 320,839 1,044,192 284,215 451,402 305,631 261,727 646,692 245,087 143,939 197,954 413,028 Total U. S. Government „ . . „ 23,662,562 1662,915 2362,092 securities ~~ 5,464,041 1487,239 1599,305 1369,565 3384,007 1282,487 753,203 1035,852 1084,597 2177,259 Total loans and , „ , securities~~ 24,796,992 1669,325 5,538,171 1551,273 2447,702 1688,818 1411,963 3647,642 1353,647 793,764 1137,400 1155,207 2402,080 Due from foreign banks 23 1 l/ 7 2 2 11 3 1 1 1 ^ ^ 185,635 26,366 7,878 26,501 F.R.notes of other banks 3,991 32%120 10,009 7,977 19,902 19,752 12,415 9,495 9,229 700,588 176,723 116,870 Uncollected cash items 4,253,041 425,387 751,392 256,546 349,926 352,044 257,064 247,428 201,349 417,724 45,657 6,631 629 Bank premises 976 7,733 3,096 4,675 4,845 3,807 3,089 1,059 2,322 6,795 Other assets 135.712 11.880 30.308 8.207 13,053 8.945 8,581 18.929 6.917 4.101 5.975 6.812 12,004 51,877,042 2859,947 2636,707 8938,325 TOTAL ASSETS 13,324,592 3108,004 4377,794 3119,742 2228,046 1312,704 2261,752 2024,094 5685,335 l/ After deducting $16,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON OCTOBER 22, 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 25,307,977 1539,331 5,517,483 1772,514 2314,604 1829,214 1387,877 4803,505 1183,806 638,039 997,941 743,105 2580,558 Deposits: Member bank-reserve accts. 20,778,859 900,608 6,492,488 951,649 1556,461 867,172 908,466 3293,647 780,283 483,157 960,318 1027,558 2557,052 U.S.Treasurer-general acct. 6l8,219 39,521 69,026 42,251 69,406 52,581 44,573 102,957 43,871 44,628 36,799 27,761 44,845 Foreign 683,668 41,714 1/214,038 52,478 61,898 34,313 28,930 93,519 25,566 17,493 25,566 25,566 62,587 Other 245,063 5,457 175,393 3,729 2,813. 3,971 3,379 3,049 7,969 1,359 188 3,393 34,363 Total deposits 22,325,809 987,300 6,950,945 1050,107 1690,578 958,037 985,348 3493,172 857,689 546,637 1022,871 1084,278 2698,847 Deferred avail, cash items 3,183,416 266,197 555,192 205,699 272,967 274,830 214,481 494,161 142,184 98,859 198,286 153,505 307,055 Other liabilities and accrued dividends 17,122 917 4,445 904 2,004 885 936 2,551 721 486 730 816 1,727 TOTAL LIABILITIES 50,834,324 2793,745 13,028,065 3029,224 4280,153 3062,966 2588,642 8793,389 2184,400 1284,021 2219,828 1981,704 5588,187 10,895 10,289 8,623 Capital paid in 247,935 13,234 78,244 17,152 23,721 31,968 5,492 9,390 11,984 26,943 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 228,898 15,765 51,221 15,646 22,266 15,507 13,143 31,938 12,714 8,055 11,030 10,889 20,724 TOTAL LIABILITIES AMD 2636,707 8938,325 2261,752 CAPITAL ACCOUNTS 51,877,042 2859,947 13,324,592 3108,004 4377,794 3119,742 2228,046 1312,704 2024,094 5685,335 Contingent liability on acceptances purchased for foreign correspondents 14,540 902 2/4,390 1,134 1,338 741 625 2,021 553 378 553 553 1,352 Industrial loan commitments 5#927 1,552 911 71 2,238 781 374 FEDERAL RESERVE AGENTS' ACCOUNTS 5,797,652 1838,679 2380,671 1226,368 650,170 786,212 2761,427 F. R. notes outstanding 26,319,841 1594,135 1886,857 1457,573 4907,057 1033,040 Collateral for F.R. notes: 13,279,000 400,000 4,520,000 750,000 760,000 510,000 510,000 2850,000 280,000 160,000 280,000 259,000 2000,000 Gold certificates Eligible paper 612,579 3,620 58,140 56,590 — 83,000 — — 69,450 39,305 99,838 — 202,636 1300,000 1,400,000 1100,000 1650,000 1400,000 1000,000 2100,000 800,000 1000,000 U. S. Govt, securities 13,775,000 975,000 505,000 545,000 27,6^6,579 1703,620 5,978,140 1906,590 2410,000 1993,000 1510,000 4950,000 1179,838 804,000 3202,636 Total collateral 1324,450 704,305 l/ After deducting $469,615,000 participations of other Federal Reserve Banks. 2/ After deducting $10,150,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis