H.4.1 Factors Affecting Reserve Balances of Depository Institutions

BOARD OF GOVERNORS OF THE FEDERA LRESERVE SYSTEM 3.4.1 (For Immediate Release) April 9, 1953. CONDITION OF THE FEDERA LRESERVE BANKS Member Bank Reserves and Related Items During the week ended April 8, Member ban kreserves increased $324 million. The principal change supplying reserves was an increase of $404 million in Reserve Bank credit. The principal offsetting changes were increases of $43 million in Treasury deposits with Federal Reserve Banks, ^ $26 million in Money in circulation# and $18 million in Foreign deposits with Federal Reserve Banks, The increase of $404 million in Reserve Bank credit resulted from an increase of $443 million in Loans, discounts and advances and a decrease of $39 million in Float. Change since Member Bank Reserves April 8, April 1, April 9, and Related Items 1953 1953 . H.952 (in millions of dollars) Reserve Bank credit: U, S. Government securities 23,806 —— +1,312 Loans, discounts and advances 912 +443 + 739 Float 709 - 39 - 17 Total 25,427 +404 +2,034 Gold stock 22,562 - 1 - 731 Treasury currency outstanding 4,828 + 1 + 92 Money in circulation 29,780 + 26 +1,254 Treasury cash holdings 1,300 - 4 + 27 Treasury deposits with F. R, Banks 329 + 43 - 52 Foreign deposits with F. R. Banks 568 + 18 + 6 Other deposits with F. R. Banks 343 - 1 + 142 Other F. R. account s(net) 868 - 1 + 41 Member bank reserves 19,629 +324 - 23 Required reserves (estimated) 19,553 - 58 + 477 Excess reserves (estimated) 76 +382 - 500 Daily average excess reserves (estimated) 481 - 168 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF CONDITION H.4.1(a) OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Change since April 8, April 1, April 9, 1953 1953 1952 A S S E TS 20,614,103 - 4,998 802,151 Gold certificates 48,181 747,167 968 Redemption fund for F. R. notes Total gold certificate reserves .21,361,270 - 5,966 753,970 351,456 - 9,682 5,548 Other cash Discounts and advances 907,938 + 442,884 740,459 Industrial loans 3,623 + 44 1,506 U. S. Government securities: 514,754 + 514,754 Bills 4,995,716 - 6,794,590 Certificates 13,773,671 + 8,705,598 Notes - 1,113,848 4,521,975 Bonds + 1,311,914 Total U. S» Government securities 23.006,lib Total loans and securities 24,717,677 442,928 + 2,050,867 23 5 Due from foreign tanks 9,012 + 13,506 F. R. notes of other banks 156,921 3,593,340 397,887 + 191,307 Uncollected cash items 49,546 + 195 + 5,089 Bank premises 174,918 8,446 + 25,869 Other assets T 29,022 + 1,527,115 50,405,151 TOTAL ASSETS L I A B I L I T I E S. Federal Reserve notes 25,559,767 - 3,237 + 1,174,268 Deposits: Member bank--reserve accounts 19,629,310 + 323,956 22,712 329,018 + 42,534 51,740 U. S. Treasurer—general account 567,943 + 17,980 + 5,646 Foreign 342,565 2- 1*559 + 141,311 Other 20,865,636 + 382,911 + 72,505 Total deposits + 208,580 2,884,524 - 358,336 Deferred availability cash items 16,775 +_ 425 + 970 Other liabilities and accrued dividends 49,329,902 + 21,763 + 1,456,323 TOTAL LIABILITIES C A P I T AL A C C O U N TS 257,007 106 + i4,666 Capital paid in 584,676 + 46,334 Surplus (Section 7) Surplus (Section 13b) 27,543 Other capital accounts 206,023 7,153 + 9,792 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 50,405,151 + 29,022 + 1,527,115 Ratio of gold certificate reserves to deposit and F. R. note liabilities combined 46.0# - M - 2.9# Contingent liability on acceptances purchased for foreign correspondents 30,349 + 760 + 22,253 Industrial loan commitments 2,8l8 - 5 - 3,687 MATURITY DISTRIBUTION OF LOANS AND SECURITIES, APRIL 8, 1953 (Callable Government securities classified according to nearest call date) Discounts and Industrial U. S. Government advances loans securities : IHrw " ? 1:1 .=:!! Over 1 year to 5 years — 162 Over 5 years to 10 years — — i oca'ow Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS1 (Mi APRI L8, 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 20,614,103 649,578 6,507,454 1215,273 1481,792 841,982 644,641 4183,435 530,011 321,206 958,780 616,760 2663,191 Re F d . e m R p . t i n o o n t e f s u nd for 747,167 63,223 74,285 59,153 83,441 72,208 62,817 127,316 51,238 25,245 40,721 29,859 57,661 -To r t e a s l e r g v o e l s d certificate 21,361,270 712,801 6,581,739 1274,426 1565,233 914,190 707,458 4310,751 581,249 346,451 999,501 646,619 2720,852 D O i t s he c r o u c n a t s s h and advances 9 3 0 5 7 1 , ,4 9 5 3 6 8 2 1 5 6 , ,5 0 1 0 5 2 3 6 1 6 2 , , 7 1 1 4 9 3 2 3 4 0 , , 6 1 4 2 1 8 3 7 0 7 , , 3 6 7 2 7 0 2 2 0 3 , , 3 77 4 5 7 3 2 0 , , 4 2 1 2 3 2 2 6 8 4 1 , , 4 3 8 5 8 2 1 53 8 , , 6 1 9 1 5 2 4 6 6 , , 0 1 5 7 1 8 1 3 0 4 , , 7 0 1 1 2 4 1 2 4 , ,2 3 9 8 6 8 4 2 0 7 , , 4 7 8 1 9 7 Industrial loans 3,623 3,077 23 396 127 U. S. Govt, securities; 514,754 122,931 32,244 49,999 36,798 33,605 87,188 27,913 16,077 20,441 24,853 62,705 Bills 4,995,716 365,480 1,074,090 312,927 485,249 357,123 326,140 722,908 270,893 156,027 198,379 241,198 485,302 Certificates 13,773,671 1007,640 2,961,381 862,769 1337,878 984,625 899,200 1993,133 746,877 430,179 546,953 665,007 1338,029 Notes 4,521,975 330,814 972,238 283,252 439,233 323,258 295,213 654,357 245,204 141,230 179,568 218,325 439,283 Bonds Total U. S. Government 30Ver°°K- 23,806,1X6 1703,934 5,130,6*0 1*91,192 2312,359 1701,804 1554,158 3457,586 1290,887 743,513 945,341 1149,383 2325,319 ?W u r m e sa^ 24,717,677 1720,449 5,442,783 1524,397 2389,979 1725,602 1556,967 3738,938 1344,582 789,818 979,355 1151,771 2353,036 m 4 I -a #4i ## # it if ii TOTAL ASSESS 50,405,151 2756,730 12,840,957 3070,896 4312,372 3016,392 2592,480 8730,367 2129,425 1238,437 2175,824 1990,105 5551,166 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 CONDITIO NOF THE FEDERA LRESERVE BANKS ON APRIL 8, 1953 (in thousands of dollars) H.4.1(c) L I A B I L I T I ES Total Boston New York Fhila. Cleve. Rich. Atlanta Chicago St.Louis Mpls. Kans.Cy. Dallas SanFran. 1571,687 5,623,726 1817,646 2359,112 1781,106 1378,51 84890,024 1190,815 642,931 1007,976 726,436 2569,790 Federal Reserve notes 25,559,767 Deposits s Member bank-reserve accts .19,629,310 824,148 5,906,224 931,914 1506,327 862,740 918,326 3117,603 718,031 460,693 933,836 1009,987 2439,481 U.S.Treasurer-general acct. 329,018 19,614 60,597 18,259 29,550 25,576 9,629 35,344 12,928 17,491 29,752 37,661 32,617 Foreign 567,943 34,605 1/167,978 42,548 52,192 28,365 24,394 77,720 21,557 14,183 21,557 25,529 57,315 Other 342.565 4.063 279.219 1.801 4.531 5.610 786 617 8.881 1.186 2.952 948 31.951 Tnt.ai deposits 20,868,836 882,430 6,414,018 994,522 1592,600 922,291 953,135 3231,304 761,397 493,553 988,097 1074,125 2561,364 Deferred avail, cash item s2,884,524 233,943 497,702 178,338 259,629 254,046 209,907 458,123 132,203 72,090 137,270 139,555 311,718 Other liabilities and accrued dividends 16.775 985 5«912 -22k 1.692 935 814 2.600 705 584 548 656 1.310 TOTAL LIABILITIES 49,329,902 2689,045 12,540,4582 991,440 4213,033 2958,378 2542,37 48582,051 2085,1201 209,158 2133,891 1940,772 5444,182 Capital paid in 257,007 13,775 81,282 17,465 24,569 11,179 10,889 32,899 8,891 5,785 9,722 12,631 27,920 Surplus (Section 7) 584,676 36,462 167,503 43,578 54,064 29,248 25,803 84,628 23,628 15,131 21,925 25,381 57,325 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 13.924 19.700 14.238 12.652 29.360 11.265 7.290 9.1L9 10.OIL 19.599 Other capital accounts 206.023 14.437 44.395 TOTAL LIABILITIES AND 50,405,151 2756,730 12,840,95 73070,896 4312,37 23016,392 2592,480 8730,367 2129,42 51238,437 2175,824 1990,105 5551,166 CAPITAL ACCOUNTS Contingent liability on acceptances purchased for foreign correspondents 30,349 1,835 2/9,142 2,256 2,767 1,504 1,294 4,121 1,143 752 1,143 1,354 3,038 Industrial loan commitment s2,818 1,163 749 53 109 744 FEDERAL RESERVE AGENTS* ACCOUNTS F. R. note soutstanding 26,561,257 1627,243 5,849,688 1888,334 2438,276 1885,125 1449,556 4994,88 21239,883 655,496 1039,337 762,955 2730,482 Collateral for F.R. notes: 12,624,000 400,000 4,520,000 745,000 820,000 500,000 310,000 2700,000 280,000 155,000 280,000 214,000 1700,000 Gold certificates Eligible paper 524,35'6 — — —1* —5 vx,448 301,130 * # •<. #2•» «8<"v,815 22 r,t/NA900 t 5 " 3M,VI0I3 I0T . f4 »5 ,^740 33,3 ^4 Y3 y y vz U. S. Govt, securities 1L., o7v6.0.w0v0 0.L i1u3u0.0u.v0u0 0 X.50q!0 01200q!000 1700.000 1450.00 01200.000 2400.000 1025.000 505,000 800,000 580,000 l l0 0^ Total collateral 27,908,356 1715,448 6,321,130 1973,815 2520,000 1972,900 1510,000 5100,000 1358,030 705,740 1113,343 794,000 2823,950 1/ After deducting $399,946,000 participations of other Federal Reserve Banks. 2/ After deducting $21,207,000 participations of other Federa lReserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis