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Form F. R. 283 STATEMENT FOR THE PRESS Released fo r p u b lica tio n Friday morning, A p ril 21; n ot e a r lie r , Board o f Governors o f the Federal Reserve System A p ril 20, I9kk CONDITION OF THE FEDERAL RESERVE BANKS During th e week ended A p r i l 19 member bank r e s e r v e b a la n c e s in c r e a s e d $100,000,000. A d d it io n s t o member bank r e s e r v e s a ro se from an in c r e a s e o f $22k,000,000 i n R eserve Bank c r e d i t , and d e cre a se s o f $70,000,000 in T re a s u ry d e p o s i t s w ith F e d e ra l R eserve Banks and $6,000,000 in T r e a s u r y c a sh , o f f s e t in p a r t b y a d e c re a s e o f $10,000,000 in go ld s to c k and in c r e a s e s o f $39,000,000 i n money in c i r c u l a t i o n and $150,000,000 i n nonmember d e p o s i t s and o th e r F e d e ra l Reserve .acco unt&. E xcess r e s e r v e s o f member banks on A p r i l 19 were e stim a te d to be a p p r o x im a te ly $900 , 000, 000. There was an i n c r e a s e o f $86,000,000 in h o ld in g s o f U nited S t a t e s Government s e c u r i t i e s » b i l l s in c r e a s e d .$88 , 000, 000; w h ile bonds d e cre a se d $2 , 000,000 and n o te s $ 1 , 000, 000. Changes in member bank r e s e r v e b a la n c e s and r e l a t e d items d u rin g th e week and the y e a r ended A p r i l 19 , I9kk» were as fo llo w s» In c re a s e or d e c re a se s in c e A p r i l 19, A p r i l 12, A p r i l 21, I9kh 191+u 1943 (In m illio n s of d o lla r s ) U. S. Govt, s e c u r i t i e s ( i n c l f g u a rf s e c .) - .12,73k Loans, d i s c o u n t s , and advances 99 Other R eserve Bank c r e d i t U96 + 86 + 52 + 106 + 6,k05 ;+ 73 T o ta l R eserve Bank c r e d i t Gold s t o c k Treasury currency 13,350 21, 1+69 14,095 + 22^ - 10 + 6,615 - 1,013 85 Member bank r e s e r v e b a la n c e s Money in c i r c u l a t i o n T re a s u ry cash T r e a s u r y d e p o s i t s w i t h F # R. Banks Konmember d e p o s i t s ’ and o th e r Ff R*accounts 12.70Ü 21,55 h2,521 2 ok + 100 + + + k, 83k 2,329 59 6 - 70 + 150 + - 136 386 85 267 650 Form F. R. 283c 19, I9I+I+ STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL (In thousands o f d o lla r s ) P h ila . Boston New York C leve. R ic h . A t l a n t a C h icago S t .L o u is T otal L I.-A B I L I T I E S K in n . Kans.C y. Federal Reserve n o te s 17,761,606 1187,1*22 3958,781 1193,611* 1570,11*2 1173,633 1019,938 3326,039 760,137 1*02,821+ 651*, 571* D ep o sits j Member b a n k - r e s e r v e a c c t * 12, 701*', 331 609,582 1*259,097 631*,988 987,872 1*98,782 531,607 1913, 1*36 1*35,795 281*,3IO 581,075 u * S .T r e a s u r e r - g e n e r a l a c c t . 203,5u2 32,150 18,838 11,670 21*, 558 13,226 12, 71*6 33,580 10,706 9,575 10,1*35 F o reign 1,516,713 100,631 1/ 601*, 15I* 131,961 127,657 31,556 57,371* 1*1* 596 1*5,899 177,860 1*1*,1*65 Other 8,658 1*56,631 9,006 3 , 01*1* 9.130 11,220 li. Olili 3,327 350,014* 7,961 10,675 Total deposits 11*, 880, 617 738,098 521*5,1*25 785,182 111+2,328 Deferred a v a ila b ilit y items 1,511,051* 95,928 299,197 87,179 170, 231+ * Other l i a b i l i t i e s including accrued dividends 550 9 37- .2,605 933 8,979 TOTAL LIABILITIES 311, 162,256 2022, Ü35 9506,008 2066,525 2883,637 Capital paid in 9.880 57,752 15,963 •' 156,765 11,81*3 Surplus (S ection 7) 13,206 70,012 16,026 188,097 17,859 Surplus (S ection 13b) 2,871* 7,092 1*,1*21 26,965 1,007 Other capital accounts 8,538 3,611* 15,1*91 69,731* 1*,1*79 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 31*, 603,817 2052,009 9656,355 2105,127 2925,171 Commitments to make in dustrial advances 50 1*50 8 8,710 1,231* 578,388 118,169 590,985 2, 131+,006 502^86 96,878 216,078 69,811 Total Discounts and advances Industrial loans U. S* Govt, se cu ritie s f i n c l. guar, s e c .) 87,191* 12,1+88 81,791* 11,586 513,069 11*51*, 718 13,027 13*051 1*1,596 111,961* 36,1*70 2,1*52 570,168 1616,179 60, Ql*5 176,832 1890,370 172I*,892 573I*,893131*7,070 781*,716 1397,718 1076, 1*68 3909,028 • — — 1,221 — 2,699 1*8 3,000 1*09,879 676,780 1*61, 21+9 2196,210 221,000 — 200,000 1*1*0,000 1,225 250,000 291,000 172li,000 — 175,000 500,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES 9 I days-to ' 6 faonths 31 to 6l to 16 to 6 months to L year 60 days 90 days 30 days 880 1* 638,385 90, 1<?3 1*31,873 2082,029 625 282 1,228 292 230 270 302 675 1870, 1*92 I708,li26 5677, 9511332, 1*26 772,831 1383,1*01* 1062,356 3875,765 18,176 it, 800 5,570 13,11*2 6,281* 3,1*17 5,099 It, 839 26, 1*90 6,330 5,236 3,669 ¿*,831 5,725. l*,55l* 11*, 159 2,129 1,000 3,290 1, 1*29 530 1,307 1,137 71*9 ¿*,1*22 5,068 10,81*7 2,981* 3,521* 3,833 3,799 3,135 PJk. notes outstanding 18,360,806 1213,023 1*107,137 1223,511* 1611,120 12oli,l67 1068,920 3397, 6ti6 791,161 C ollateral fo r F.R. notes held by F.R.Agents: Gold c e r t ific a t e s 13, 038,000 71+1*, 00 y 3520,000 750,000 1013,000 775,000 710,000 ,2550,000 300, 000 E lig ib le paper 13,000 85, 1*00 1, 81+0 1,000 11,965 56,370 U.S.Govt, secu rities 5, 51*6,022 500,000 600,000 1*75,000 600,000 1+50,000 375,000 870,000 551,022 i thin 15 days 339,287 30,1*90 D a l l a s San F r a n , 1,665 1*1 2,855 3Q5 Ì to V years » . 2 to 5 years — — 275 81* 1*6 1,573,1*1*0 l , 6ol+,6oo 12,733,71*8 1,537,612 i ,;002,li06 2 ,l+li0, 2l|6 2,li32,813 l / A fte r deducting 1912,250,000 p a r tic ip a tio n s o f other Federal Reserve Banks. 17,800 970,2li5 11*7 Over 5 years — 1,151*, 586 Form F. R. 283a Released f o r p u b lica tio n Friday morning,,. A pril .21, 1944; not e a r lie r . STATEMENT OF CONDITION OF THE. TWELVE FEDERAL RESERVE BANKS COMBINED (in thousands of .(iollars) In c re a s e or d e cre a se s in c e ‘ Ap*. 19 1944 : Apr» 21 1943 Apr, 121944 i ASSETS Gold c e r t ific a te s on hand and due from U* S# Treasury Redemption fund - F. R, notfes Other/cash I9,02i,820 : 28? ,060 2.85, 21+0 9.345 787 > - 2*069 Total reserves 19,594,120 •+ ' 6 ,1+89 Discounts and advances Industrial loans U. S. Govt, secu rities B ills C ertificates Notes Bonds Total U. S* Govt, secu rities (in c l. guar* s e c .) Total loans and secu rities Due from foreign banks F. 'R. notes of other banks Uncollected items Bank premises Other assets TOTAL ASSETS 37,19k 13,1+88 + - l , 253,095 + 245,977 68,263 - -1,075,331 76,061 + 31,830 2,102 + 354; • ;7-,l2Q,777 ; 3 »007 M o , 1*158*761+ ^ : 1 ,1+1+6,767 ------- p.™-,,. + 88 ,i+95j; +4,815,980 — +2 ,010,065 - •1 ,000; 174,589 - .2,p00| - 595,800 ’ 12,733,748 + 85»495; +6 ,1+04,834 12,833.430 +117,679! . . . . i . +6,478,793 + . 89 20,874 + 4,325'+178,957, + 346,930 4,020 +. 5 15.362 + 498 - . 136 75^057 2,007,174 34,971 58,929 3i+,603.,8l7 +307,953 +5 ,751,923 17, 761,606 + 54,289 +4,791,700 L I A B I L I T I E S , Federal Reserve notes Deposits: Member bank - reserve account U, S* Treasurer-general,account Foreign Other Total deposits Deferred a v a ila b ility items Other l i a b i l i t i e s including accrued dividends TOTAL LIABILITIES 12,704,331 ' 203i542’ 1 ,516,713 456,031 14, 380,617 ' 1,511 ¿05I+ 8i979 34, 162^256; +100,395 + 386,175 -• 70,193 - 267,-946 - + 65,853 • + 6o4 ,848 + 33,813 ■ 4,458 +179, 868; + 718,619 + ’ 72,768 • 211,011 + 1+76 + 1,660 +307M 1 ^5 ,722,990 ♦ 38 + +• + 514 - CAP I T AL ACCOUNTS Capital paid in Surplus (Section 7) Surplus (Section 13^) Other cap ita l accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Ratio of to ta l reservesto deposit and Ff R* note l i a b i l i t i e s combined Commitments to make industrial loans 156,:765 188 ,p9726,965. i 69,734 314,603,817 60.0# 8,710 +307,953 - . 'k% - 4 4 +5,751,923 • 9 9,770 27,686 136 8,659 - 16. 2# 2,950 Form F. R. 283b STATEMENT OF CONDITION .Of. THE FEDERAL RESEtWE BANKS ON APRIL 19, 1944 (ln thousands o f d o lla r s ) ASSETS T o ta l Gold c e r t i f i c a t e s on hand and 19,021,820 aue from U.S«/Treasury 287,060 Redemption fu n d - F .R .n o t e s Other cash 285,240 T o ta l r e s e r v e s D isco u n ts and advances I n d u s t r i a l lo a n s U*S# Govt*. s e c u r i t i e s : B ills C e rtific a te s Notes Bonds Boston New■ York P h ila * C ley e . R ic h . 504488 2 , 382,463 29 ,070 9,351 9*588 24,189 19,594,120 1039,647 5 , 533, 263' 1109,661 1496,507 1058,739 1,031,697 3678,778 589,861 362,787 734,031 523 427 2,435,722 1,000 200 7,120,777 3,007,140 1,158,764 1,146,767 406,805 2,357,939 646,038 230,529 88,823 248,919 110,899 310,786 412,667 244 M 3 94,070 117450 563,298 342,617 132,011 164,822 306,257 200,069 77,084 96,243 T o ta l U .S . G ovt, s e c u r i t i e s ( i n c l . guar, s e c .) 12,733,748 837,056 3,563,682 679,653 850442 3,620,175 868,330 1,202,748 - : 875,669 1 *203,118 10 1,693 154,347 1,652 4,218 12 2,361 109,642 3,564 4,218 D a lla s San. Fran, 710,662 11,861 11,508 370 TOTAL ASSETS S t . L o uis Minn. Kans. Cy. 548,203 346,857 9,705 29,134 .6,225 12,524 i,8 4 o 5,499 Due from f o r e i g n banks F .R .n o te s o f o th e r banks U n c o ll e c t e d item s Bank prem ises Gthor a s s e t s jChicagç 995*044 3590,425 19,007 •44,832 17,646 43,521 '996,878 5420,337 1063,248 1443,641:1019,574 30 ,808 24,017 3o ;8 o7: 24,143 24,325 8?,118 22,088 18,752 22,059 . 15,022 56,370 123 T o ta l lo a n s and se c u ritie s A tla n ta 87,194 12,488 12,833,430 136 75,057 2,007,174 34,971 58,929- 11,965 1421 I I 49 13,640 467,166 9,062 13,000 12 4,120 210 ,097 4,186 7,131 864 90 400 4 13,000 ---- 3 530 4475 195,487 145,598 56,098 70,041 658,134 310,087 119477 149,172 274 1,225 29 228,312 1152434 178,056 318,164 68,606 122,588 85,657 153,056 390,759 206,303 140,098 91,565 53,977 35,278 67,393 44,047 242,382 160476 61,833 77,201 560,631 1746,242 652,227 377,193; 541,892 467*224 1 ,236,870 680,853 561,585 1746,646 665,227 377,467 543,146 467,227 1 , 241,875 ’ 6 6,955 136,533 2,915 4,369 ' 4 7,561 118,807 1,643 3,595 4 4,423 . 82,965 2,054 2,536 4 4,367 110,470 2,719 2,981 — • 17 8,358 291,767 2,929 6,398 3 2,097 39,380 1,273 1,709 4 3,671 78,456 970 2,713 11 15,811 207,544 2,004 • 6,061 34,603,817.2052,009 9;656,355 2105,127 2 ,925,171 1890,370 1 , 724,892 5734,893 1347,070 784,716 1397,718 1076468 3 ,909,028 ; — A f t e r d e d u c tin g $8 7 *000p a r t i c i p a t i o n s o f other F e d e ra l R eserve B anks.
@FedFRASER