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Form F t Rf 2d3 STATEMENT FOR THE PRESS Released for publication Friday .mor*-'in^, April 2l+: not earlier Board of Governors of the Federal Reserve System April 23 19^2 CONDITION OF IH& FEDERAL RESERVE BANKS During the >veek ended April 22 member bank reserve balances decreased $32,000,000, ReductOonr ir member bank reserves arose from increases of $i8jOC^,00u in mor~y in circuJac-ron, $23,000,000 in Treasury cash, and $i//0 0 , O V in norineL,ber d^poeit,, ai.d other Federal Reserve accounts, and a docr-M.e 0'l,0o0.00" in R e otnk credit, offset in pa^t h^ increases of $8,000,000 in golo stock ' ud ^',000,000 in Treasury currency., ard a decrease of 0^8,000;COO in Treasury eer osi bs .vith Federal rO.sorv,. Banks. Excess reserves of m^ber benks on ^pril wore estimated to be approximately vS2,750,000,00o, a decrease of $lJ«0,000,000 for the week. The principal change in holuings of bills and securities was ax. increase of $1*2,000,000 in United States Government securities, bonds increased ,$3,000,000 and bills $39,000,000. Changes in member bank reserve balances and related items during the week ana the ^year ended April 22, 191*2, were as follows: Increase or decrease since April 22, 19U2 April 15, 191*2 April 23, 191*1 (In millions of dollars) Bills discounted U* S« Government direct obligations U. S. Government guaranteed obligations Industrial advances (not including 12 million commitments--April 22) Other Reserve Bank credit ' h 2,292 1* - 5 + 1*2 + + 2 113 1 10 90 —• - 52 + + 3 i*I* Total Reserve Bank credit Gold stock Treasury currency 2,1*00 22,686 3,281* -15 + 8 + 1* + l6l + 20l* + 166 Member bank reserve balances Money in circulation Treasury cash Treasury deposits with F.R.Banks Nonmember deposits and other F. R# accounts 12,1*70 11,61*2 2#l89 2l*3 1,827 - 32 + 18 +23 - 58 + hi -1,036 +2,650 - 110 - 70l* - 2?0 Form F. R. clfj-j-B. Released for publication Friday morning, April 21+, 19U^5 n^t earlier. STX.TELEKT OF T H E TWELVE OF FEDERAL CONDITION RESERVE M K S 3 0K51NED Increase or decrease since April 22, 1942 A S S E April 23, 19U1 April 15, 1942 T S Gold certificates on hand and due from IT. S. Treasury Redemption fund - F. R. notes Other cash Total reserves 20,478,413 15,561 331,655 -15,996 + 2,372 - 1,066 20,825,629 -14,690 + + - 318,681+ 5,05b 2,51+3 321,195 Bills discounted: Secured by U. 3. GovTt obligations, direct and guaranteed Othor bills discounted 3,597 2 9b - 5,332 39 Total bills discounted 3,391 - 5,371 1,671* Industrial advances U. S. Government securities, direct and guaranteed: £)o nds Notes Bills 9,731 + 2,2b0 1,554,606• 692,500 48,418 + 3,100 Total U. S. Government securities, direct and guaranteed 2,295,524 +4l ,743 Total bills and securities 2,309,146 +36,552 Due from foreign banks F. R. notes of other banks Uncollected items Bank premises Other assets 47 28,081 1,087,376 40,628 411,307 + 608 -268,106 10 + 307 24,335,214 3,714,3^6 T O T A L A S S E T S - 180 — - +33,643 + 1,980 306 190,806 127,300 1+8,1+18 111 ,1+21+ + 115,338 ... - 1+.898 238,035 651 3,228 -245,419 + 676,339 + 15,101 +2 ,496,419 + + L I A B I L I T I E S F. R. notes in actual circulation Deposits: Ivlember bank - reserve account U.S. Treasurer - General account Foreign Other deposits 12,469,577 242,777 915,500 615,582 + 32,395 53,175 10,759 57,096 1,036,11+6 70l+,021 356,879 + 79,952 - Total deposits Deferred availability items Other liabilities including accrued dividends TOTAL LIABILITIES 14,245,436 996,974 - hh,233 -216,717 + 4,823 23,959,619 * 371 -245,478 + 672,791 C A P I T A L A C C O U N T S Capital paid in burplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILIIIES AND CAPITAL ACCOUNTS 143,339 157,502 26,781 47,923 24,335,214 — + + — - 3,332 107 1+ 333 676,889 Ratio of total reserves to deposit and F. R, note liabilities combined 90.1% Commitments to make industrial advances 11,982 3 + 62 -245,419 — - 1,699 2,017,091+ 193,2lU 252 + - .5* + 3,521 Form F. R. clfj-j-B. STi.TEiSffT OF CONDITION OF TIB FEDER.-L RESERVE B^I-JKS ON APRIL 22, 1942 (In thousands of dollars) - S 3 ^ ^ S Total Boston Few fork Phila. Cleve. Rich. Atlanta Chicago St.Louis tuinn. Kans.Cy. Dallas San Fran. Gold certificates on hand ana due irom U. S. Treasury 20,478,413 1,157#762 8,008,215 1,203,161 1,604,729 Redemption fund - jbMunotes 15,561 830 606 3,34-7 9hl ooher casr. 331,^55 21,33k 73,817 26,931 29,833 798,603 572,276 3,600,802 6 1 8 , 7 1 5 359,020 559,764 382,310 1 , 6 1 3 , 0 5 6 523 406 2C2 1,683 392 967 369 5,230 16,388 19,629 59,042 16,806 6,156 13,003 13,103 35,113 20,825,629 1,183,o4o 8,032,973 1,225,325 1 , 6 3 5 , 1 6 8 316,674 592,297 3,660,811 635,390 365,438 573,295 395,819 1,653,399 lo-cal reserves Bills discounted* secured by U. S. Gov*t obligations, direct and guaranteed 3,597 uthsr bills discounted 294 170 —— 2,641 13 560 — 100 67 20 - - — — 3,891 170 2,659 560 167 Industrial advances 9,731 U* S. Government securities direct ana guaranteed: Bonds 1,55U,606 llotos 692,500 Bills 48,418 002 1,100 5,079 176 721 513 325 117,373 52,2o5 3,656 413,133 134,053 12,369 122,926 5k,159 3,323 157,334 70,330 4,917 95,332 42,710 2,986 67,950 30,269 2,116 153,729 86,297 6,034 Total U. S* Gov't securities, direct and guaranteed 2,295,5214. 173,319 610,105 181,513 233,151 2,309 , llj.6 174,291 613,864 187,152 233,474 18 2,635 258,304 10,1+52 11,754- 5 1,273 74,407 4,834 3,472 4 2,098 150,450 4,4oi 4,984 Total bills discounted Total bills and s e cur i ties Due from foreign banks Ij7 F.K. notes of other banks 23,081* Uncollected iCorns 1,087,376 Bamc premises 4.0,628 Other assets 44,3G7 i 0 T a L a s s e t s 3 631 ill ,514.3 2,764 3,124 51 - - — 15 27 40 — 132 — 51 42 132 40 613 69 223 105 75,667 3^,706 2,357 47,843 21,311 l ,490 66,967 29,830 2,036 61,165 27,245 1,905 134,032 59,705 4,174 141,573 100,335 2O6,0O0 1 1 1 , 7 5 0 70,644 98,833 90,315 197,911 142,299 100,373- 236,3u5 111,730 71,303 93,954 50,720 198,056 1 2,032 43,275 2,855 1,333 1 562 33,466 1,120 1,763 4 3,857 63,759 2,747 4,301 20 2 4,459 86,262 3,055 2,379 2 3,741 46,343 1,968 1,815 — 6 3,753 160,215 2,957 5,128 1 2,071 46,802 2,144 1,397 * 669 22,550 1,331 1,354 24,335,214 1,480,596 8,980,050 1,496,968 2,010,579 1 , 0 5 5 , 6 3 0 747,037 4,119,255 800,535 462,650 722,340 528,451 1 , 9 3 1 , 1 2 3 •LESS •chan $500 iVorm F. R. 233-c Sr^T-SuEFT 0/ COlJLiTIOi: 01' riiB FEDERAL 1J^2RY3 BAi'XS 01C APRIL 22, 19^2 (In thousands of dollars) L l A o I L I f l Total Boston iwi/v run: Phil;.. Cle-ve. Rich. Atlanta whicub3 bt.Louis ..ana. Rans.Cy. L .lias oai. Frar„t 1 x . R. notes in actual circulation 8,714,386 L^pOoits: .^mbor b-ai^-rvaservo acct.12,469 ,577 I'.o. Treasurer-General acct. 21+2,777 915,500 utile x deposits 615,582 o97,dy9 2,225,21+8 614,998 829,787 45^,301 316,837 1,817,580 341,546 221,311 282,230 143,432 763,1+17 596,515 5,558,1+17 15,91+8 61,1(18 24,083 1+85,594 11,676 506,028 677,845 914,520 13,433 452,689 335,316 1,980,653 362,333 172,950 352,629 292,967 8,939 12,043 33,757 11,123 15,127 11,765 15,259 31,203 24,320 36,516 21,274 15,601 20,565 20,565 972,73S l'at.,1 deposits 611.3,222 6,409,457 773,341 1,019,938 ll+,2I+3,436 19,413 63,073 8,005 65,242 26,6.95 8,600 3,616 3,1+35 >,312 3,231 3,22+1+ 2,267 2li ,502 53,959 24,425- 501,431 375,795 2,104,361 4o4,c47 211,959 388,203 331,058 1,075,624 i^feri ed availability items 996,974 103,131 214,357 73,749 125,600 82,226 40,386 140,247 42,910 19,451 40,294 42,151 53,972 4,823 597 1,250 362 1:70 391 21+6 593 146 163 l!+5 212 243 ocner liabilities including accrued dividends 23,959,619 1,454,31+9 3,350,312 l,462,450 1,975,7*5 1,039,349 733,264 4,070,531 733,61+9 1+52,o<3> 710,872 516,853 1,903,256 ./•ku liabilities C A P I T A L A C C O U N T S 0Jital paid ill ourplus (section 7) surplus (Section 13b) ucn.r capital accounts ll+3,3o9 157,502 26,781 47,923 10,949 52,241 56,651 2,511 13,276 9,413 2,374 7,070 11,812 15,171 4,393 3,142 111.,737 14,346 1,007 4,644 •j,73o 5,236 4,949 5,725 3,21(4- 713 2,021 2,580 ,Ou0 22,925 1,429 3,1+40 1» 4,469 4,966 530 1,921 9,043 3,152 4,661 3,-13 4,423 3,976 11,926 10,792 1,000 2,560 1,137 1,253 2,121 2,097 1,931 3,023 lVIAL LlaiiiLITI^S ki D CaPii^ &cc^Di;rs 24,335,214 1,480,596 3,930,050 1,496,960 2,010,579 1,055,630 747,037 4,119,255 800,535 462,650 722,34c 523,451 1,931,123 its to ix'„.iv- industrial -dvances 11,982 421 1+13 1,151 2,034 1,095 1,037 1,501 1,555 2,034 2,028 97 •^Ti'km D/STRi.^uT.-Oi" Of iilLLS Total ^ills discounted 3,891 lnau stria! udv-.no e s 9,731 S.C-ov^rnjv^nt securities, air^ct and . Uai„nt^ed 2,295,524 «ithin 15 days 3,395 3,661+ 7,032 16 to 30 days 31 to 60 days 61 to 90 days 57~ 405 3c~ 394 274 9,775 91 days to 6 months SECURITIES 6 IT Jr.ths to 1 /Sar 2 255 83 1,024 331 11,503 86,303 70,100 1 Y'-ar to 2 Years 2 Years to _5_Yeard_ 1,498 1,110 317,800 367,100 uvsr 5 Y^ais 1,425,906 Form F. R. 283-d FEDERAL RESERVE MOTE STATEMENT ON APRIL 22, 19^2 (In thousands of dollars) Total federal Reserve notes * Issued to F. R.Bank by F.R.^gent Held by Federal Reserve BarJc In actual circulation boston N«w York Phila. Clove*. Rich, ^tlanta Chicago St.Louis jviinn. Kans.Cy. Dallas S-n Fran. 9,167,483 719,350 2,347,560 635,917 868,865 500,885 340,922 1,672,549 357,683 226,719 292,306 159,197 845,030 453,097 21 ,£51 122,312 20,919 39,078 45,584 24,085 55,169 16,157 5,408 10,076 15,765 76,613 8,714,386 697,099 2,225,248 614,998 329,787 455,301 316,837 1,317,330 341,546 221,311 282,230 145,432 763,417 Collateral held by agent as security for notes issued to bank* Gold certificates on hand and due from U. S. Treasury ^ 9,317,000 740,000 2,360,000 640,000 370,000 525,000 350,000 1,900,000 370,000 227,000 295,000 166,000 874,000 Eligible papur 3,308 ~ 2,656 560 — — -— — 50 42 Total collateral
@FedFRASER