H.4.1 Factors Affecting Reserve Balances of Depository Institutions

BOARD OF GOVERNORS OF THE FEDERA LRESERVE SYSTEM H 4 l (For Immediate Release) March 26, 1953 e # CONDITION OF THE FEDERA LRESERVE BANKS Member Bank Reserves and Related Items During the week ended March 25, Member ban kreserves decreased crease of $15 million in Foreign deposits with Federal Reserve Banks.^ principal offsetting changes were decreases of $108 millio nm Money in circulation and $30 million in Other deposit swith Federal Reserve Banks. The decrease of $791 millio nin Reserve Bank credit resulted from decreases of $393 millio nin Float, $305 million in Loans, discounts and advances, and $94 million in U. S. Government securities. Holdings of U. S. Government securities, which include $63 million certificates of indebtedness special series, issued to th eFederal Reserve Banks, reflected decreases of $47 million in certificates and $46 million in bills. Change since Member Bank Reserves March 25, March 18, March 26, and Related Items 1953 1953 1952 (In millions of dollars) Reserve Bank credit: U. S. Government securities 23,869 - 94 +1,341 Loans, discounts and advances 708 -305 + 533 Float 810 -393* + 100 Total 25,387 -791* +1,974 Gold stock 22,562 - 50 - 729 Treasury currency outstanding 4,826 — + 95 Money in circulation 29,600 -108 +1,271 Treasury cash holdings 1,306 + 1 + 24 Treasury deposits with F, R, Banks 7 - 1 Foreign deposits with F. R, Banks 511 + 15* -- 3344 Other deposits with F. R. Banks 351 - 30 + 160 + 48 Other F, R. account s(net) 852 —'— Member bank reserves 20,148 -717 - 128 Required reserves (estimated) 19,868 -122 + 368 Excess reserves (estimated) 280 -595 - 496 Daily average excess reserves (estimated) 591 - 63 - 539 -*March 18 figures revised. 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) Mar. 25, Mar. 18, Mar. 26, 1953 1953 1952 AA SS SS EE TTSS GGoolldd cceerrttiiffiiccaatteess 20,619,100 55,002 - 788,151 RReeddeemmppttiioonn ffuunndd ffoorr FF.. RR.. nnootteess 754,125 + 4,980 + 55,001 TToottaall ggoolldd cceerrttiiffiiccaattee rreesseerrvveess 21,373,225 50,022 - 733,150 Other cash 380,711 + 860 2,918 Discounts and advances 704,564 - 304,4l4 + 534,622 Industrial loans 3,532 263 1,592 U. S. Government securities: Bills 514,754 46,200 + 514,754 Certificates 5,058,716 47,000 - 6,765,090 Notes 13,773,671 + 8,705,598 Bonds 4,521,975 - 1,113,848 Total U. S. Government securities 23,869,116 93,200 + 1,341,414 Total loans and securities 24,577,212 397,877 + 1,874,444 Due from foreign banks 23 5 F. R. notes of other banks 167,712 157 10,298 Uncollected cash items 4,334,095 953,660* + 466,045 Bank premises 49,457 68 + 5,003 Other assets 178,224 8,018 + 16,750 TOTAL ASSETS 51,060,659 1,392,592* + 1,615,871 L I A B I L I T I ES Federal Reserve notes 25,439,622 - 106,001 + 1,181,555 Deposits: Member bank—reserve accounts 20,148,434 - 716,842 - 127,917 U. S. Treasurer—general account 7,386 1,081 69 Foreign 510,719 + 14,309* 34,244 Other 350,942 - 29,675 + 160,340 Total deposits 21,017,481 : 7 3 3 , 2 8 9* - 1,890 Deferred availability cash items 3,523,970 - 561,161 + 366,198 Other liabilities and accrued dividends 17,779 ± M 203 TOTAL LIABILITIES 49,998,852 - 1,399,754* + 1,545,660 C A P I T AL A C C O U N TS Capital paid in 256,878 69 + 14,811 Surplus (Section 7) 584,676 + 46,334 Surplus (Section 13b) 27,543 Other capital accounts 192,710 7,093 9,066 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 51,060,659 - 1,392,592* + 1,615,871 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined 46.0# .7% - 2.8# Contingent liability on acceptances purchased for foreign correspondents 27,951 + 13 + 19,898 Industrial loan commitments 2,857 + 233 - 3,769 *March 1$ figures revised MATURITY DISTRIBUTION OF LOANS AND SECURITIES, MARCH 25, 1953 (Callable Government securities classified according to nearest call date) Discounts and Industrial U. S. Government advances loans securities Within 15 days 662,839 1,229 138,500 16 to 90 days 41,698 47 1,577,020 91 days to 1 year 27 1,908 13,314,575 Over 1 year to 5 years 348 6,410,550 Over 5 years to 10 years 1,070,224 Over 10 years 1.358.21,7 Digitized for FRATSoEtRa l 704,564 3,532 23,869,116 http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MARCH 25, 1953 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 20,619,100 629,111 6,709,509 1224,736 1418,005 808,743 624,535 4203,385 526,190 302,263 919,855 607,653 2645,115 f°r 754,125 63.811 76.415 60.213 64.087 77.473 58.337 138,022 51.449 25,337 40,891 30,027 58,063 ^reserves c e r t i f l C a te 21,373,225 692,922 6,785,924 1284,949 1502,092 886,216 682,872 4331,407 577,639 327,600 960,746 637,680 2703,178 Dlscounts^and advances 7*',5» V>'M 127^05 47^5 S'.W 1%305 274^0 59^970 29', 850 30^599 lfi',475 37:765 Industrial loans 3,532 — 3,078 23 303 EE":*™' as -ifss gg 11 ss a U Blils°Vt' SeCUrl tleS: 5M14,754 - 1B64,839S 32,244 49,9 99 3S6,798 -- 87,781 19,019 15,481 20,441 24,853 63,299 T°secJit^sG°V£Eg£Sl 23,869,116 1697,231 5,243,316 1491,192 2312,359 1701,804 1519,488 3458,179 1281,993 742,917 945,341 1149,383 2325,913 ^securities'" 24,577,212 1716,456 5,370,921 1510,515 2359,964 1730,877 1535,096 3733,049 1341,963 772,895 975,940 1165,858 2363,678 EHfr-E-vsi «sg »;:§ jg ss .4g .a >|p Other assets 17& 224 12.760 37.789 10.737 17.273 12.844 12.150 25.394 2iSi 1^25 9 ,™ 17.&5P TOTAL ASSETS 51,060,659 2778,317 13,108,374 3115,261 4373,931 3052,206 2602,620 8849,193 2142,163 1226,037 2177,179 2045,975 5589,403 l/ After deducting $l6,000 participations of other Federa lReserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MARCH 25, 1953 H 4 l(c) (in thousands of dollars) T T a H T T. T T T E STotal Boston New York Fhila. Clave. Rich. Atlanta Chicago St .Louis Hpls. Kans.Cy. Dallas SanFran. Federal Reserve notes 25,439,622 1561,903 5,597,627 1814,562 2358,399 1780,972 1365,704 4877,410 1185,208 641,403 1001,060 719,751 2535,623 E F ™ iS ^5 % « ^ *S DE£S£ank-r=serve accts. 20,148,434 843,792 6,164,686 945,253 1528,938 861,596 903,416 3217,588 738,650 445,334 943,805 1038,475 2516,901 ffiS '®8 Sffl % SI 'SS SS '££ 2: S1SS j e w a r - ' i s38 ^ccL^*divide2s^ 17.779 939 5.358 895 1,984 222 ! 221 22L % 1*421 a sn "if i;i "3$ i: iii ii if if if if i| 1111 , g -s a ,« a i 'g i :S a T°ctfimBMro™sAND 51,060,659 2778,317 13,108,374 3115,261 4373,931 3052,206 2602,620 8849,193 2142,163 1226,037 2177,179 2045,975 5589,403 Contingent liability on for@foreign correspondents 27,951 1,706 2/8,240 2,097 2,572 1,398 1,202 3,831 1,062 ^699 1,062 1 2 , 8 24 Industrial loan commitments 2,857 1,184 751 62 110 - ~ FEDERAL RESERVE AGENTS' ACCOUNTS Fl.E R. inHotes oSutsta?nding 26,572,334 1630,362 5,851,631 1897,337 2440,152 1886,734 1444,786 4977,671 1244,522 655,998 1032,503 769,060 2741,578 gggg M M gs M M n°tMi ^2*333*252 « 7^:So ^ ~ ~° 2U~0-00 % 1/ After deducting $357,153,000 participations of other Federal Reserve Banks, 2/ After deducting #19,711,000 participations of other Federa lReserve Banks, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis