The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OFHGOVEHNOfiS OF THE FEDERAL RESERVE SYSTEM (Released f o r p u b l i c a t i o n F r i d a y morning, A p r i l 1 1 ; not e a r l i e r ) HXl A p r i l 10, 19U7 CONDITION OF THE FEDERAL RESERVE BANKS .During the week ended A p r i l 9 member bank r e s e r v e b a l a n c e s i n c r e a s e d $39^*000,000* A d d i t i o n s t o member bank r e s e r v e s arose from d e c r e a s e s of $193,000,000 i n T r e a s u r y d e p o s i t s w i t h F e d e r a l Reserve Banks and $61,000,000 i n nonmember d e p o s i t s and o t h e r F e d e r a l Reserve accounts and i n c r e a s e s of $135*000,000 i n Reserve Bank c r e d i t , $11,000,000 i n gold s t o c k and $2,000,000 i n Treasury c u r r e n c y , ' o f f s e t i n p a r t by i n c r e a s e s of $3,000,000 each i n money i n c i r c u l a t i o n and T r e a s u r y cash. Excess r e s e r v e s of member banks on A p r i l 9 W(3**e e s t i m a t e d t o be a p p r o x i m a t e l y $830,000,000. Holdings of l o a n s , d i s c o u n t s ' and advances d e c r e a s e d $152,000,000 while h o l d i n g s of-United S t a t e s Government s e c u r i t i e s i n c r e a s e d $330*000,000. The i n c r e a s e i n h o l d i n g s of United S t a t e s ' Government s e c u r i t i e s r e f l e c t s a n ' i n c r e a s e of $U79,000,000 i n b i l l s and a decrease of $ l i | l , 0 0 0 , 0 0 0 i n c e r t i f i c a t e s . Changes i n member bank r e s e r v e b a l a n c e s and r e l a t e d items d u r i n g the week and the y e a r ended A p r i l 9 , I9i;7# were as follows % I n c r e a s e or d e c r e a s e since April 9, I9kl A p r i l 2, I9hl A p r i l 10, 19U6 ( I n m i l l i o n s of d o l l a r s ) U#; S* Government s e c u r i t i e s Loans, d i s c o u n t s and advances Other Reserve Bank c r e d i t 22,276 278 338 + -- 338 152^ 52 + - T o t a l Reserve Bank c r e d i t Sold s t o c k Treasury currency 22,893 20,U97 U,559 .+ 135 11 2 + + + hi 2kh 67 Member bank r e s e r v e b a l a n c e s Money in circulation Treasury cash Treasury deposits with &.R. Banks Nonmember deposits and other F#R#accounts 15,93k 20,250 1,536 753 1,671; 39U 3 3 193 61 + + + • 528 295 923 1*93 37 4- * + + 4- + - •f hk 76 79 H«k.l(a) .STATEMENT- OF CONDITIONOF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since April 9, M7 April 2, 19^7 April 10, 19I+6 ASSETS Gold c e r t i f i c a t e s Redemption fund f o r F # R. n o t e s Total gold c e r t i f i c a t e r e s e r v e s Other cash Discounts and advances Industrial loans Acceptances purchased U. S. Govt, securities: Bills Certificates Notes Bonds Total U. S» Government Total loans and securities Due from foreign banks F. R# notes of other banks Uncollected iteirys Bank premises Other a s s e t s TOTAL ASSETS 18,1*98,172+ 759, W+5 19,257,619 283,278 277,281 1,058; +L, 1141,111; + 22,7^7 - il+,73l+ + 111, 573 '+ 8,013 +1,158,687 3.2,915 - 18,55Q . 75,665 -151,895 1*80 • 27' -; 14,919 15,563,055 5,807,718 351,800 753,390 +1,883,602 +178,579 -ll*0,7Q0 : - 578,978 -1,111,500 - 11*9,552 22,275,91*3 +337,879 22,551;, 282 102 98,113 2,298,1*61; 32,151 _ l*0,3j8 +185,957 1*1*, 56I*, 367 + 66,802 •+1 ,506,522 21*, 170,120 - 15,;189 +' 159,U93 15,933,681* 753,357 500,721 532,351; 17,720,116 +393,336 -192,998 - 19,668 - 1*0,185. +11*0,1*85 - 59,662 + 527,917 + 1+93,050 206,122 78,1*62 H+ + 893,307 * 1+3,572 37,1*92 8 + 816 . 23,596 + 1*52,782 -111,11*6 1,009 + 1,712 L I A B I L I T I E S F e d e r a l Reserve, n o t e s Deposits: Member bank - r e s e r v e account U # S # T r e a s u r e r - g e n e r a l account Foreign Other Total d e p o s i t s Deferred a v a i l a b i l i t y items Other l i a b i l i t i e s i n c l u d i n g , a c c r u e d ^ dividends „' -* TOTAL LIABILITIES' C A P I T A L ACCOUNTS C a p i t a l paid i n Surplus ( S e c t i o n 7) Surplus ( S e c t i d h 13b) Other c a p i t a l accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS R a t i o of gold c e r t i f i c a t e r e s e r v e s « t o d e p o s i t andt F 0 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 b i l l s purchased f o r f o r e i g n correspondents. Commitments t o make i n d u s t r i a l l o a n s 1,960,306 12,81*2 1*3., 865,381; + 368,632 + - 1,082 + 1 ,1+22^11* 26k' + 65,370 ( 191,085 1*39,823 27,1*55 1*2,620 1*1*, 561*, 367 1+6, ofo 8,092 7,150 ..+ H*o + 1,292 + '+ + 9,687 '81,1*68 27 • 7,171+ +1,506,522 + 66,802 .1% + • 222 * + 21 J + 8,092 5,665 H.a.l(b) •STATEMENT OF CONDITION OF THE. FEDERAL RESERVE BANKS ON APRIL 9 , lgltf (In thousands of dollars) ASSETS Total Gold c e r t i f i c a t e s Redemption fund for F. K. notes Total gold c e r t i f i c a t e reserves Other cash Discounts and advances I n d u s t r i a l loans U. S. Govt, s e c u r i t i e s ! Bills Certificates Notes Bonds Boston 18,2*98,17V 743,94o 55,235 - H8,5U7 19,257.619 799,175 5,560,369 233,278 277,281 1,058 21*, 783 25,291 18 60,301 111,468 15,363,035 954,672 5,807,718 399,405 2u,l94 351,800 753,390" 51,811 " Total loans and ~ s'e c u r i t l es 22,554,282 1455,391 Due from foreign banks 102 6 F.k.notes of other banks 98,113- . 2,382 Uncollected items 2,298,1*61; 182,827 Bank premises 1,283 32,151 Other assets 2.614 40,356 5,441,822 759,445 Total U. S. Government securities •22,275,91*3 .11*30,082 TOTAL ASSETS New York * Phila# ; Cleve. Rich# Atlanta Chicago.iStvLouis 835,770 1116,2142 956,121 922,778 3949*665 60,510 75,917 57,828 44,810 116,500 Minn, Kans#Cy» 576,216 .388,636 45,9 2 o : 21,391 615,-199 33,577 Dallas SanFran. 455,376 21496,409 2^,569 104,641 896,280 1192,159 1013,949 967,588 1*066,165 622,136 1*10,027 61*8,776 479,945 2601,050 11,377 11,704 1*3,494 20,517 26,238 16,61*8 21*,1*1*6 27,881* 8,413 6,973 5,611* 12,738 8,1*20 6,438 21,956 21,036 11,61*8 7,409 35,916 .9,347 1,01*0 "'- 3,882,597 1134,886 1,1*88,736 414,010 90,180 25,078 193,123 53,706 1547,334 1005,455 829,189 1908,221* 758,l2li 521,019 357,589 298,186 776,1*36 300,169 31,560 21,661 18,062 1*7,032 18,183 67,587 . 46,387 38,681 100,722 38,939 430,833 .749.507 590,218 1571,996 166,113 269,217 2 59,475 557,363 10,062 16,308 15,718 33,762 34,923 21,549 33,660 72,302 * 5,654,636 1627,680 2167,500 11*31,092 118l*,118 2832,1*14 1115,415 628,557 1069,955 5,766,101* 1650,676 2188,536 1442,740 1191,527 2868,330 1121*,762 1/33 8 9 5 4 14 12", 61*1 5,560 5,523 12,1*98 lit ,"120 12,326 1*1*2,386 154,125 20l*,878 195,550 159,618 •394,592 8,401* 3,134 3,822, 2,665 1,515 3,038 10,226 2,362 l*,ol*3 2,376 2,292 5,373 h 7,032 101,168 1,999 2,1*25 899,071 2235,1*23 636,977 1076,393 90l*,685 221*8,161 3 9 3 h 2,900 6, ll*o 1*,619 12,372 61,254 112,051 96,536 193,479 1,232 " 2 , 5 0 3 787 1,769 1,09k 1,803 1,713 4,037 l*i*,56l*,367 21*68,1*61 11,860,1*61* 2732,662 3625,208 2686,1*31 2361,110 7377',722 1871,403 1120,1*60 .1856,083 1499.99 2 510l*,371 l / After deducting $69,000 p a r t i c i p a t i o n s of other Federal Reserve Banks,-. H.U.l(o) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 9 , 1947 (-In thousands of d o l l a r s ) Total Boston L I A B I L I T I E S 24, 170,120 lkh9,93h F e d e r a l Reserve n o t e s Depositsj Member b a n k - r e s e r v e a c c t . 15,955,684 702,675 U . S . T r e a s u r e r - g e n e r a l a c c t . 755,557 69,857 Foreign Other 500,721 552,554 17,720,116 31,260 2,990 806,760 New York Phila. Cleve. Rich. Atlanta Chicago S t . L o u i s Minn. Kans.Cy. 5,524,469 1647,810 2075,048 1693,787 l586,52Vli$7,257' 1084,706 591,704 911,625 4,959,242 169,151 794,569 1194,94l 63,739 57,051 712,761 45,827 755,778 2277,557 .609,150 24,405 l40,752; 35,155 ^06,313 58,085 775,511 28,756 1/171,118 457,884 5,757,575 39,222 1+5,032 2,255 6,959 899,765 1505,985 23,727 5,438 785,753 19,853 65,854 1,909 4,120 799,945 2488,283 12,105 2,581 458,884 16,948 2,058 821,075 16,9^8 6,585 667,818 Dallas SanFran. 577,469 2741,807 762,074 1987,555 49,876 52,745 42,675 15,979 1,424 58,571 '812,220 "2115,257 85,178 180,780 Total d e p o s i t s 92,518 50,914 97,062 Deferred a v a i l a b i l i t y items 1,960,306 166,11.3 357,399 127,455 182,148 170,985 l i j 4 , 4 l 6 505,558 Other l i a b i l i t i e s i n c l u d i n g accrued dividends 567 1,074 12,842 719 3^12 850 1,599 677 575 2,054 550 500'-: 507 TOTAL LIABILITIES 45,865,584 2423,526 11,642,655 2675,860.3560,578 2651,202 2331,458 7282,912 1845,572 1102,002 1830,267 1475,454 5041,918 Capital paid in 17,844 7,071 191,085 11,166 67,228 14,202 18,665 8,059 7,275 22,763 6,293 4,189 6,330 Surplus (Section 7) 15,777 439,825 27,557 156,549 54,720 41,594 20,676 18,663 65,078 16,577 10,997 15,729 38,106 Surplus (Section. 15b) 1,507 27,455 3,012 7,253 4,489 1,007 3,525 762 1,429 521 1,073 1,157 2,140 Other capital accounts 2,405 42,620 5,200 6,779 5,591 3,564 3,169 2,952 5,540 2,440 2,199 2,620 4,365 TOTAL L I A B I L I T I E S ' AND CAPITAL ACCOUNTS 144,564,567 2468,461 11,860,464 2752,662 3625,208 2686,431 2561,110 7377,722 1871,403 Contingent l i a b i l i t y on b i l l s purchased for foreign correspondents 8,092 518 2/2,589 655 753 397 552 1,101 285 Commitments t o make i n d u s t r i a l loans 7,150 — — 1,220 1,586 Jl — 15 5,64o F . R. n o t e s o u t s t a n d i n g 24,816,945 1481,263 5,694,823 1698,672 2120,147 1738,412 1 4 2 6 A n 4560,050 1117,837 C o l l a t e r a l f o r F , R. .notes h e l d by F . R. A g e n t s : 11,588,000 455,000 5,470,000 500,000 645,000 625,000 590,0002570,000 500,000 Gold c e r t i f i c a t e s 101,857 16,556 57,692 10,875 — 4,845 — — 4,559 E l i g i b l e paper 14,281,904 1100,000 2,400,000 1200,000 1500,000 1130,000 900,000 2200,000 926,904 U. S. Govt, s e c u r i t i e s MATURITY DISTRIBUTION OF LOANS AND SECURITIES Discounts and advances I n d u s t r i a l loans U. S. Govt, s e c u r i t i e s Total 277,281 1,058 22,275,943 Within 15 days 241,637 993 3,5144,545 16 t o 30 days 10,615 31 t o 60 days 996 6l t o 90 days 24,035 4 91 days t o 6 months 1120,460 1856,083 1499,992 5104,371 267 285 602,972 450 929,510 170 600,416 2846,432 184,000 5,000 425,000 280,000 1,650 700,000 169,000 1800,000 700 500,000 1500,000 6 months to 1 year 1 to 2 years 2 to 5 years 52 15' 5 7 148,550 2,557,171 5,054,523 5,395,082' 1,478,459 5,419,575 520,400 2 l / A f t e r d e d u c t i n g $3 9,269,000 p a r t i c i p a t i o n s of o t h e r F e d e r a l Reserve Banks. 2 / A f t e r deducT.ing $5,505,000 p a r t i c i p a t i o n s of o t h e r F e d e r a l Reserve Banks, 4 712 202 Over 5 years 580,040
@FedFRASER