h41_19590521.pdf

BOARD OF GOVERNORS For Immediate Release i l .4 .1 OF THE FEDERAL RESERVE SYSTEM May 21, 1959

WEEKLY AVERAGES OF MEMBER BANK RESERVES, RESERVE BANK CREDIT, AND RELATED ITEMS and

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS

The average of daily figures of member "bank reserves for the week ended May 20 increased $279 million to $18,829 mill ion. Estimated required reserves increased $117 million; and estimated excess reserves increased $162 million to $606 mill ion. Member bank borrowings at the Federal Reserve Banks exceeded excess reserves by $247 million, compared with $ 2 6 5 million the week before.

The principal changes supplying average reserves were increases of $ 3 6 0 million in Federal Reserve f loa t and $144 million in member bank borrowings. The principal of fse t t ing changes were decreases of $75 million in Federal Reserve holdings of U. S. Government securi t ies and $54 million in gold stock, and an increase of $106 million in "other" F. R. accounts (net ) . Total Reserve Bank credit increased $426 mil l ion.

As of Wednesday, May 20, holdings of U. S. Government securi t ies bought outright were $73 million lower than a week ear l ier , U. S. Government securi t ies held under repurchase agreement were $108 million lower, and member bank borrowings were $ 2 7 6 million lower.

Member bank rese rves , Reserve Bank c r e d i t , and r e l a t e d items

Reserve Bank c r e d i t : U. S. Government s e c u r i t i e s - -

Bought outright—System account Held under repurchase agreement

Acceptances--Bought ou t r igh t Held under repurchase agreement

Loans, discounts , and advances— Member bank borrowings Other

Float Total Reserve Bank c r e d i t

Gold stock Treasury currency outs tanding

Money in c i r c u l a t i o n Treasury cash holdings Treasury depos i t s with F. R. Banks Foreign depos i t s with F. R. Banks Other depos i t s with F. R. Banks Other F. R. accounts (ne t )

Member bank reserves— Required rese rves (es t imated) Excess r e se rves (es t imated)

Averages of d a i l y f i g u r e s Week ended Change from week ended Wednesday,

May 20, May 13, May 21, May 20, 1959 1959 1958 1959

( In mi l l ions of d o l l a r s )

25,926 - 14 +2,050 25,905 9 - 6l + 9 - -

29 - 1 12 28 - - - 1 , , - -

853 +144 + 749 359 18 mm mm + 18 17

_1,155 + 3 6 0 4- 161 933 +426 +2,973 27,242

20,197 - 54 -1,582 20,188 5,264 + 2 64 5,267

53, ^50 +373 +1,455 52,697

31,515 + 10 + 693 31,454 710 - - - 2 2 709 504 - 17 + 45 468 280 + 11 - 2 9 2 9 6

367 - 1 6 - 14 385 1,245 +106 + 202 1,262

34,621 + 94 4- 874 34,574"

18,829 +279 + 581 18,123 18,223 +117 + 675 1 8 , 1 8 8

6 0 6 +162 - 97 - 6 5

On May 20, 1959, U. S. Government securi t ies held in custody by the Fed-eral Reserve Banks for foreign account were $3,6)6 million, an increase of $23 mil-lion for the week and an increase of $ 5 6 8 million from the comparable date a year ago. Digitized for FRASER

http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1(a) STATEMENT OF CONDITION OF THE TtffiLVB FEDERAL RESERVE BANKS COMBINED

(in thousands of dol lars)

A S S E T S Gold c e r t i f i c a t e account Redemption fund for F. R. notes

Total gold c e r t i f i c a t e reserves F. R. notes of other Banks Other cash Discounts and advances Industr ia l loans Acceptances--bought outright U. S. Government secur i t i e s :

Bought outright— Bi l l s Cer t i f i ca tes Notes Bonds

Total "bought outright Held under repurchase agreement

Total U. S. Government secur i t ies Total loans and secur i t ies

Due from foreign banks Uncollected cash items Bank premises Other assets

TOTAL ASSETS L I A B I L I T I E S

Federal Reserve~notes Deposits:

Member bank reserves U. S. Treasurer--general account Foreign Other

Total deposits Deferred ava i l ab i l i t y cash items Other l i a b i l i t i e s and accrued dividends

TOTAL LIABILITIES

May 20, 1959

18,691,893 934317

19,608,210 352,987 364,797 376,479

2 27,776

1,903,500 18,649,726

2,867,565 2,483,771

25,904,562

25,904,562 2 6 , 3 0 8 , 8 1 9

15 5,898,979

95,904 129,610

52,759,321

27,034,264

18,122,793 468,247 295,511 384,892

19,271,443 4,966,205

38,029 51,309,941

A C C O U N T S C A P I T A L Capital paid in Surplus Other capi ta l accounts

TOTAL LIABILITIES AND CAPITAL ACCOUNTS 52,759,321 Ratio of gold c e r t i f i c a t e reserves to deposit

and F. R. note l i a b i l i t i e s combined Contingent l i a b i l i t y on acceptances purchased

for foreign correspondents 73,136 Industr ial loan CCmmit.mAn+.R '260

377,854 868,410 203,116

42.3#

+ +

May 13, 1959

62,999 8,466

557533 8 , 4 l l 1,030

275,861 2

1,207

72,800

- 72,800 - 107,600 - 180,400 - 457,470

+ +

Change since

62,372 256

112,008 551,942

May 21, 1958

-1,631,500 + 82,812

- 25,855 341

+ 290,673 48l

- 11,983

+ 6 9 5 , 6 4 o - 1 , 2 9 6 , 3 7 9 + 2 , 8 6 7 , 5 6 5 - 305,486 +1,961,340

+1,961,340 +2,239,549

+ 897,743 + 8,612 - 160,284 +1,410,736

29,016 + 597,673

- 429,987 - 35,374 + 4o, 4 9 3

2,464 - 427,332 - 1 0 6 , 4 o o

990 - 563,738

+ 208

+ 11,588 - 551,942

+ + +

-yf>

5,664

10,229 33,644 15,686 1,079 57550

739,905 17,361

+1,361,589

+ 26,929 1 / + 3 1 , 6 6 9

9,451 +1,410,735

4.0#

- 52,583 657 - 1 — yjKJ - Ojt

1/ Net change a f t e r elimination of Sec. 13b surplus of $27,5^3,000 on Sept. 2, 1958.

MATURITY DISTRIBUTION OF LOANS AND SECURITIES, MAY 20, 1959 (Acceptances and secur i t i e s held under repurchase agreement are c l a s s i f i ed as

maturing within 15 days in accordance with maximum maturity of the agreements.)

Within 15 days 16 days to 90 days 91 days to 1 year Over 1 year t o 5 years Over 5 years to 10 years Over 10 years

Total

Discounts and advances 351,704

2 4 , 6 6 7 108

Industr ia l loans Acceptances

8 , 0 5 6 19,720

27,776 376,479 ~2~ Figures fo r these groups as of May 6 revised t o 9,127,593 and

of May 13 t o 9,134,783 and 11,002,493, respectively.

U. S. Government secur i t ies

407,010 9,144,023*

11,002,193* 3,881,179

206,495 1,263,662

25,904,562 10,838,793, and as

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

E.4 .1 (b )

A S S E T S Gold c e r t i f i c a t e account Redemption fund f o r

F . R. notes Tota l gold c e r t i f i c a t e

re serve s

F.R. notes of other Banks Other cash

Discounts and advances I n d u s t r i a l loans Acceptances—

Bought out r ight U. S . Gcr/t. s e c u r i t i e s :

Bought o u t r i g h t - -B i l l s C e r t i f i c a t e s Notes Bonds

Tota l Held under repurchase

agreement

Tota l U. S. Govt-, sees .

To ta l loans & s e c u r i t i e s

Due from fore ign banks Uncollected cash items Bank premises Other a s s e t s

TOTAL ASSETS

Total STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON M Boston New York Ph i la -

delphia Cleve-land Richmond Atlanta

AY 20, 1959

Chicago

g ^ Q k 5 6 S

2 6 , 3 0 8 , 8 1 9

15 5,898,979

95,904 129,610

(In thousands of d o l l a r s )

S t . Louis

Minne-apol i s

Kansas City Dallas Ban

Francisco

1 8 , 6 9 1 , 8 9 3 CD

XJi

VO

F 4 , 8 8 0 , 3 0 1 1055,695 1 6 7 1 , 8 9 3 1 0 0 0 , 7 2 4 903,081 3415,685 6 8 9 , 5 2 1 379,4l8 743,777 685,643 2412,214 9 1 6 , 3 1 7 55,352 188,597 5 8 , 6 7 8 8 4 , 3 0 0 84,898 54,527 168,748 43,558 2 3 , 1 6 0 4 2 , 6 0 8 29,123 8 2 , 7 6 8

1 9 , 6 0 8 , 2 1 0 909,293 5 , 0 6 8 , 8 9 8 1 1 1 4 , 3 7 3 1 7 5 6 , 1 9 3 1085,622 957,608 3584,433 733,079 402,578 7 8 6 , 3 8 5 714,766 2494,982 3 5 2 , 9 8 7 364,797

29,030 27,557

93,406 7 0 , 6 7 8

17,477 17,242

15,258 31,912

33,836 23,435

58,775 30,574

24,839 55,974

11,150 2 3 , 1 8 8

9,837 12,213

7,217 1 2 , 2 7 4

17,335 1 2 , 7 8 0

34,827 46,970

376,479 2

27,226 62,125 4,537 13,720 2 7 , 8 2 7 48,724 6 1 , 0 6 1 9,579 27,913 2

6 3 , 2 2 9 13,084 17,454

27,776 27,776 - - - - - - — - - - - - - -

1,903,500 18,649,726

2 , 8 6 7 , 5 6 5 2,483,771

103,198 1011,095

155,465 134,658

479,020 108,550 4 , 6 9 3 , 2 4 1 1 0 6 3 , 5 1 9

7 2 1 , 6 2 8 1 6 3 , 5 2 6 625,046 141,639

164,801 1 6 1 4 , 6 5 6

248,268 215, o4o

121,991 1195,224

183,777 1 5 9 , 1 8 0

1 0 0 , 3 2 2 9 8 2 , 9 1 5 1 5 1 , 1 3 2 1 3 0 , 9 0 5

329,405 3227,372

4 9 6 , 2 3 8 4 2 9 , 8 2 1

77,415 758,484 116,624 1 0 1 , 0 1 5

43,355 4 2 4 , 7 8 5 65,315 56,573

8 2 , 0 5 0 8 0 3 , 8 9 7 1 2 3 , 6 0 6 1 0 7 , 0 6 3

75,977 7 4 4 , 3 8 5 114,456 99,137

2 1 7 , 4 l 6 2130,153

327,530 28-v, 69'-:-

25,904,562 1404,4l6 6,518,935 1 4 7 7 , 2 3 4 2242,765 1 6 6 0 , 1 7 2 1 3 6 5 , 2 7 4 4 4 8 2 , 8 3 6 1 0 5 3 , 5 3 8 5 9 0 , 0 2 8 1 1 1 6 , 6 1 6 1 0 3 3 , 9 5 5 2 9 5 8 , 7 9 3 ™

1404,416 6,518,935 1 4 7 7 , 2 3 4 2 2 4 2 . 7 6 5 1 6 6 0 . 1 7 2 1 1 6 5 , 2 7 4 4 4 8 2 . 8 3 6 1 0 5 3 . 5 ^ 8 5 9 0 . 0 2 8 I I I 6 . 6 1 6 10Tt.QS5 2 9 5 8 . 7 9 ?

1 4 3 1 , 6 4 2 6 , 6 0 8 , 8 3 6 1481,771 2 2 5 6 , 4 8 5 1687,999 1 4 1 3 , 9 9 8 4543,897 1 0 6 3 , 1 1 7 617,943 1 1 7 9 , 8 4 5 1 0 4 7 , 0 3 9 2 9 7 6 , 2 4 7

l / > 2 / 421,311 1 , 0 8 5 , 1 6 7 351,837 556,804 4 5 8 , 8 9 6 487,530 930,475 2 3 8 , 0 6 4 1 5 6 , 9 6 3 3 0 5 , 9 8 0 2 8 7 , 4 3 6 6 1 8 , 5 1 6

4 , 5 6 6 7,138

10,222 31,815

4,159 7,147

9,364 1 1 , 3 0 6

7,044 8,l6l

9,746 7,887

52,759,321

12,827 21,348

6,948 5,393

5,209 2,916

4,729 6,353

8,584 5,485

1 2 , 5 0 6 1 4 , 6 6 1

2 8 3 0 , 5 3 8 1 2 , 9 6 9 , 0 2 6 2994,007 4637,323 3304,994 2 9 6 6 , 1 1 9 9173,795 2080,940 1 2 0 7 , 6 5 9 2302,784 2 0 9 3 , 4 2 6 6 1 9 8 , 7 1 0

1/ A f t e r deducting $11,000 p a r t i c i p a t i o n s of other Federal Reserve Banks. 2 / Less than $500.


H.4. 1 (c ) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON MAY 20, 1959 T o t a l Boston New York ^ h l a ^ n d " Richmond At l an t a Chicago L ^ ' g " a l i a s F r ^ s c o

L I A B I L I T I E S Fede ra l Reserve no te s Deposi t s :

Member bank r e se rves U . S . T r e e s . - g e n . a c c t . Foreign Other

T o t a l depos i t s

Defer red a v a i l a b i l i t y cash items

Other l i a b i l i t i e s and accrued dividends

TOTAL LIABILITIES

CAPITAL ACCOUNTS

C a p i t a l pa id i n Surplus Other c a p i t a l accounts

TOTAL LIABILITIES AND CAPITAL ACCOUNTS

Conting. l i a b . on accep t -ances purchased f o r f o r e i g n correspondents

I n d u s t r i a l loan commit.

27,034,264

18,122,793 468,247 295,511 384,892

(In thousands of d o l l a r s ) 1 5 6 6 , 0 9 6 6,289,855 1712,433 2490,659 2017,074 1 4 4 9 , 3 2 1 5 1 6 8 , 8 5 0 1195,567 6 0 8 , 0 2 1 1 0 9 3 , 7 6 6 764,468 2678,154

780,315 4,932,550 8 5 1 , 0 9 0 1477,452 767,314 969,723 2874,363 612,287 399,440 845,097 954,771 2 6 5 8 , 3 9 1 21,845 72,425 21,427 24,538 43,818 37,100 61,188 17,156 22,322 41,700 30,172 74,556 1 5 , 1 2 5 1 /97 ,511 1 8 , 1 5 0 2 4 , 7 5 0 1 3 , 7 5 0 1 2 , 9 2 5 4 0 , 7 0 0 10,175 6 , 6 0 0 10,725 1 4 , 3 0 0 3 0 , 8 0 0

700 334,801 938 965 2,642 1,681 687 1,200 228 1,129 967 38,954






TOTAL LIABILITIES

CAPITAL ACCOUNTS





19,271,443

4,966,205

38,029

817,985 5,437,287 8 9 1 , 6 0 5 1527,705 827,524 1 0 2 1 , 4 2 9 2 9 7 6 , 9 3 8 640,818 428,590 8 9 8 , 6 5 1 1 0 0 0 , 2 1 0 2 8 0 2 , 7 0 1

3 6 3 , 2 0 8 8 3 6 , 0 6 3 2 9 2 , 5 6 1 4 8 4 , 8 0 5 3 8 2 , 9 9 8 4 2 3 , 6 5 8 8 0 6 , 3 1 6 1 8 7 , 2 3 0 1 3 4 , 1 0 4 250,713 252,779 5 5 1 , 7 7 0

2,031 9,758 1,976 3,550 2 , 0 6 6 1,930 6,355 1,356 1,448 1,502 1,792 4,265






TOTAL LIABILITIES

CAPITAL ACCOUNTS





51,309,941

377,854 868,410 203,116

2749,320 12,572,963 2898,575 4506,719 3229,662 2896,338 8958,459 2024,971 1172,163 2244,632 2019,249 6036,890

1 8 , 4 7 1 109,461 22,333 3 5 , 9 0 8 1 6 , 8 6 9 19,274 51,684 1 2 , 6 6 7 8 , 6 l 4 15,401 2 1 , 7 9 6 45,376 5 0 , 1 1 6 2 3 8 , 9 0 2 59,607 76,643 44,846 39,474 132,159 33,746 2 0 , 7 8 5 32,935 43,436 95,761 1 2 , 6 3 1 47,700 1 3 , 4 9 2 18,053 13,617 11,033 31,493 9 , 556 6 ,097 9 , 8 1 6 8,945 2 0 , 6 8 3






TOTAL LIABILITIES

CAPITAL ACCOUNTS





52,759,321 2 8 3 0 , 5 3 8 12,969,026 2994,007 4637,323 3304,994 2 9 6 6 , 1 1 9 9173,795 2080,940 1207,659 2302,784 2093,426 6 1 9 8 , 7 1 0






TOTAL LIABILITIES

CAPITAL ACCOUNTS




I n d u s t r i a l loan commit. 73,136

3 6 0 4 , 0 2 6 2 / 2 0 , 4 3 2 4 , 8 3 1 6 , 5 8 8 3 , 6 6 0 3 , 4 4 1 1 0 , 8 3 4 2 , 7 0 8 1 , 7 5 7 2 , 8 5 5 3 , 8 0 6 8 , 1 9 8

FEDERAL RESERVE AGENTS' ACCOUNTS F . R. no te s ou t s t and ing C o l l a t . f o r F . R. n o t e s :

Gold c e r t i f i c a t e a c c t . E l i g i b l e paper U. S . Govt, s e c u r i t i e s

To ta l c o l l a t e r a l

28,028,971

10,725,000 74,931

1 8 , 6 8 5 , 0 0 0

1639,153 6,527,675 1 7 6 1 , 8 6 9 2 5 5 6 , 8 6 1 2104,871 1528,537 5284,044 1245,254 621,483 1126,957 8 0 6 , 6 2 3 2825,644

5 8 0 , 0 0 0 2 , 9 2 0 , 0 0 0 6 4 0 , 0 0 0 9 2 0 , 0 0 0 6 7 0 , 0 0 0 4 7 5 , 0 0 0 2 0 0 0 , 0 0 0 4 3 0 , 0 0 0 2 0 0 , 0 0 0 3 0 0 , 0 0 0 2 9 0 , 0 0 0 1 3 0 0 , 0 0 0 —— —— 3 , 4 1 5 • " • " 8 , 9 5 0 "*• 6 2 , 5 6 6 " ***

1 1 5 0 , 0 0 0 4 , 0 0 0 , 0 0 0 1 2 0 0 , 0 0 0 1 7 5 0 , 0 0 0 1 5 0 0 , 0 0 0 1 1 0 0 , 0 0 0 3 5 0 0 , 0 0 0 9 3 5 , 0 0 0 4 2 5 , 0 0 0 8 5 0 , 0 0 0 5 7 5 , 0 0 0 1 7 0 0 , 0 0 0

F . R. no te s ou t s t and ing C o l l a t . f o r F . R. n o t e s :

Gold c e r t i f i c a t e a c c t . E l i g i b l e paper U. S . Govt, s e c u r i t i e s

To ta l c o l l a t e r a l 29,484,931 1 7 3 0 , 0 0 0 6 , 9 2 0 , 0 0 0 1843,415 2 6 7 0 , 0 0 0 2 1 7 0 , 0 0 0 1 5 7 5 , 0 0 0 5 5 0 0 , 0 0 0 1 3 7 3 , 9 5 0 6 2 5 , 0 0 0 1 2 1 2 , 5 6 6 8 6 5 , 0 0 0 3 0 0 0 , 0 0 0

1/ A f t e r deduct ing $l$ti ,000,000 pa r t i 2 / A f t e r deduct ing $52,704,000 pa r t i

LCipations of o t h e r Fede ra l Reserve Banks. Lcipations of o the r Fede ra l Reserve Banks.


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h41_19590521.pdf