H.4.1 Factors Affecting Reserve Balances of Depository Institutions

board of governors of the federal reserve system (For Iirahediate Release) November 13, 1952. CONDITION OF THE FEDERAL RESERVE BANKS Member Bank Reserves and Related Items , During the week ended November 12, Member bank reserves increased million. The principal change supplying reserves was a decrease of $2«4 million in Treasury deposits with Federal Reserve Banks. The principal offsetting changes were an increase of $157 million in Money in circulation and a decrease of $18 million in Reserve Bank credit. The decrease of $18 million in Reserve Bank credit resulted from a ,?f *79 million in Loans, discounts and advances and increases of ? TT O *°n in U- S> Government securities and $14 million in Float. Holdings of U. S. Government securities reflected an increase of $47 million in bills Member Bank Reserves Nov. 12, Nov. 5, Nov. 14, and Related Items 1952 1952 1951 (In millions of dollars) Reserve Bank credit: U, S. .Government securities + 47 + 170 Loans, discounts and advances - 79 +1,310 Float 542 + 14 - 384 Total 25,696 - 18 +1,094 Gold stock 23,338 - 1 +1,055 Treasury currency outstanding 4,794 + 106 Money in circulation 29,905 +157 +1,304 Treasury cash holdings 1,282 + 4 2 Treasury deposits with F. R. Banks 505 -284 + 260 Foreign deposits with P. R. Banks 639 - 4 + 45 Other deposits with F. R. Banks 244 - 6 + 23 Other F« R. accounts (net) 805 + 29 Member bank reserves 20,447 +113 + 597 Required reserves (estimated) - 9 + 863 Excess reserves (estimated) +122 - 266 Daily average excess reserves (estimated) 779 +172 - 13 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 Nov. 12, Nov. 5, Nov. 14, 1952 1952 1951 A S S E TS Gold certificates 21,420,101 - 13,002 + 1,037,920 Redemption fund for F. R. notes 713,926 + 7,459 + 38,443 Total gold certificate reserves 22,134,027 5,543 + 1,076,363 - Other cash 289,291 20,624 6,104 - - Discounts and advances 1,583,427 _ 79,577 + 1,309,167 Industrial loans 4,150 + 223 + 1 U. S. Government securities: Bills 275,450 + 47,250 + 84,105 Certificates 4,995,716 — — — - 7,817,142 Notes 13,773,671 + 8,705,598 - Bonds 4,521,975 803,252 — — — - Total U, S. Government securities 23,566,812 + 47,250 + 169,309 Total loans and securities 25,154,389 32,104 + 1,478,477 Due from foreign banks 23 mm mm m. - 10 F. R. notes of other banks 154,979 1,916 8,573 - - Uncollected cash items 3,995,356 + 384,992 - 338,635 Bank premises 45,571 + 5 + 2,516 Other assets 161,883 + 8,276 + 24,762 TOTAL ASSETS 51,935,519 + 333,086 + 2,228,796 L I A B I L I T I ES Federal Reserve notes 2255,,663333,,776666 + 134,257 + 1,203,001 Deposits: Member bank--reserve accounts 20,447,349 + 113,405 + 597,049 U. S. Treasurer--general account 505,225 - 283,671 + 259,737 Foreign 639,061 - 4,306 + 44,765 Other 244,436 - 5,109 + 23,397 Total deposits 21,836,071 179,681 + 924,948 - Deferred availability cash items 3,453,519 + 370,713 + 45,223 Other liabilities and accrued dividends 19,165 + 671 + 1,487 TOTAL LIABILITIES 50,942,521 + 325,960 + 2,174,659 C A P I T AL A C C O U N TS Capital paid in 248,250 + 33 + 13,279 Surplus (Section 7) 538,342 + 28,320 Surplus (Section 13b) 27,543 w mm mm mm tm mm Other capital accounts 178,863 + 7,093 + 12,538 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 51,935,519 + 333,086 2,228,796 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined 444666,,,666$$$ w T "* + ..22%% Contingent liability on acceptances purchased for foreign correspondents 17,100 + 655 + 2,414 Industrial loan commitments 3,886 + 4 2,825 - MATURITY DISTRIBUTION OF LOANS AND SECURITIES, NOVEMBER 12, 1952 (Callable Government securities classified according to nearest call date) Discounts and Industrial U. S. Government advances loans securities Within 15 days 1,433,206 315 176,500 l6 to 90 days 150,221 1,339 98,950 91 days to 1 year 2,163 6,715,941 Over 1 year to 5 years 333 14,146,950 Over 5 years to 10 years 1,070,224 Over 10 years 1,358,247 Total 1,583,427 4,150 23,566,812 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1(b) STATEMENT OF CONDITION OF Thri FEDERAL RESERVE BANKS'ON NOVEMBER 12, 1952 (in thousands of dollars) A S S E T S Total Boston New York Phila. Clevfe. Rich. Atlanta Chicago St,Louis Mpls. Kans.Cy. Dallas SanFran. Gold certificates 21,420,101 697,796 6,520,662 Redemption fund for F. R» notes 713,926 61,786 68,582 Total gold certificate reserves 22,134,027 759,582 6,589,244 Other cash 289,291 24,344 56,326 Discounts and advances 1,583,427 55,305 312,370 Industrial loans 4,150 — — mm 3:70$ ~ 66 29b :: QI :r U. S. Govt, securities: Bills 275,450 14,221 121,287 Certificates 4,995,716 354,451 1,153,587 || 3 %# 2^:1:7 7 1 ^3 2 % ^: ^ ^ Notes 13,773,671 977,256 3,180,547 Bonds T4M,5;2™1,-9 7352 6:133290,839 a 1%,0 44,192 Total U. 8. Government securities 23,566,812 1666,767 5,499,613 1476,508 2345,047 1587,764 1359,682 3359,587 1273,232 747,768 1028,378 1076,771 2145,695 Total loans and — —- — , ; ' —— — —— "— — _______ securlties 25,154,389 1722,072 5,811,983 1529,528 2439,332 1643,370 1422,412 3776,457 1349,492 778,46? 1157,135 1137,181 2386,960 Due from foreign banks 23 1 1/ 7 2 2 1 1 3 11 '11111 # f 1 il I! If # II -:f II TOTAL ASSETS 51,935,519 2834,722 13,293,811 3101,8i4 4381,903 3164,117 2680,095 8971,045 2239,944 1307,811 2249,847 2056,413 5653,997 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 NOVEMBER 12, 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 25,633,766 1554,777 5,588,236 1796,002 2332,879 1853,213 1412,234 4845,706 1210,203 643,852 1011,630 757,404 2627,630 Deposits: Member bank-reserve accts. 20,447,349 858,055 6,344,886 919,497 1525,259 849,417 897,377 3320,948 751,034 482,416 965,226 1033,544 2499,690 U.S.Treasurer-general acct, 505,225 30,261 74,138 41,391 20,184 37,581 46,114 38,647 44,018 48,091 42,621 33,245 48,934 Foreign 639,061 39,364 1/195,884 49,522 58,411 32,380 27,301 88,251 24,126 16,507 24,126 24,126 59,063 Other 244,436 4,607 174,855 5,908 3,010 7.375 436 1,397 7,551 1,423 3,501 818 33,555 Total deposits 21,836,071 932,287 6,789,763 1016,318 1606,864 926,753 971,228 3449,243 826,729 548,437 1035,474 1091,733 2641,242 Deferred avail, cash items 3,453,519 284,156 627,415 213,313 348,206 330,126 250,713 536,267 161,569 87,619 162,470 163,684 287,981 Other liabilities and accrued dividends 19,165 899 5,421 972 1,940 1,007 909 2,769 8l4 957 727 727 2,023 TOTAL LIABILITIES 50,942,521 2772,119 13,010,835 3026,605 4289,889 3111,099 2635,084 8833,985 2199,315 1280,865 2210,301 2013,548 5558,876 Capital paid in 248,250 13,237 78,240 17,172 23,743 10,907 10,299 31,985 8,629 5,492 9,405 12,197 26,944 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,l4o Other capital accounts 178,863 12,163 37,674 12,055 16,617 11,737 10,079 24,045 9,691 6,318 8,637 11,151 18,696 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 51,935,519 2834,722 13,293,811 3101,814 4381,903 3164,117 2680,095 8971,045 2239,944 1307,811 2249,847 2056,413 5653,997 Contingent liability on acceptances purchased for foreign correspondents 17,100 1,060 2/5,164 1,334 1,573 872 735 2,377 650 445 650 650 1,590 Industrial loan commitments 3,886 1,796 751 71 126 775 367 FEDERAL RESERVE AGENTS' ACCOUNTS F. R. notes outstanding 26,498,125 1610,724 5,829,968 1844,446 2404,054 1903,410 1467,721 4936,675 1251,258 654,592 1041,857 788,183 2765,237 Collateral for F.R. notes: Gold certificates 13,179,000 400,000 4,520,000 750,000 785,000 535,000 510,000 2800,000 280,000 160,000 280,000 259,000 1900,000 Eligible paper 907,892 52,515 294,905 45,805 51,845 74,550 29,445 127,047 — 231,780 U. S. Govt* securities 13,915,000 1300,000 1,400,000 1100,000 1650,000 1400,000 1000,000 2200,000 1000,000 505,000 800,000 560,000 1000,000 Total collateral 28,001,892 1752,515 6,214,905 1895,805 2435,000 1986,845 1510,000 5000,000 1354,550 694,445 1207,047 819,000 3131,780 1/ After deducting $443,160,000 participations of other Federal Reserve Banks, 2/ After deducting $11,936,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis