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STATEMENT FOB. THE P3ESS Released for publication Friday morning, April 2g; not earlier. B-SOl Federal Reserve Board April 27, 1933 CONDITIO!? OF FEDERAL RESERVE 3AEXS The daily average volume of Federal reserve bank dredit outstanding during the week ending April 2b, as reported "by the Federal reserve "banks, was $2,457»000,000, a decrease of $53t000,000 coxapared with the preceding week and an increase of $698,000,000 compared with the corresponding week in 1932. On April 26 total reserve "bank credit amounted to $2,Hl2,000,000, a decrease of $78,000,000 for the week. This decrease corresponds with decreases of $7^,000,000 in money in circulation and $23*000,000 in member bank reserve "balances offset in part by decreases of $3,000,000 in monetary gold stock and $7,000,000 in Treasury currency, adjusted, and an increase of $9,000,000 in unexpended capital funds, nonmember deposits, etc. Bills discounted declined $22,000,000 at the Federal Reserve Bank of New York, $S,000,000 at San Francisco, $5,000,000 at Kansas City and $29,000,000 at all Federal reserve banks. The System's holdings of bills bought in open market declined $31,000,000, while holdings of United States Treasury notes increased ,000,000 and those of Treasury certificates and bills declined by a like amount. Changes in the amount of reserve bank credit outstanding and in related items during the week and the year ending April 26, 1933 > were as follows: Increase or decrease since Apr. 26 Apr. 19 1933 Apr. 2J 1932 (In millions of dollars) Bills Bills U, S. Other discounted bought Government securities reserve "bank credit + + 1U7 131 6U6 5 - 7& - 3 - 7 + + 627 5s 152 - 7^ - 23, + 9 + + + 596 22 103 385 177 1,337 12 - 29 - 31 TOTAL RESERVE B A M CREDIT Monetary gold stock Treasury currency adjusted 2,^12 U,3io 1,935 Money in circulation Member bank reserve balances Unexpended capital funds,nonmember deposits,etc 5.99U 2,136 527 - 18 Released for publication Friday morning, April 2o, 1 9 3 3 e a r l i e r . B~S01a RESOURCES A1TD LIABILITIES OF THE TWELVE FEDERAL RESERVE BAMS COMBINED (in thousands of dollars) Apr. 26,1933 Apr. 19,1933 Apr, 27, 1 ^ 2 R E S O U R C E S Gold with Federal reserve agents . . . . 2,671,7^6 Gold redemption fund with U.S.Treasury . 63,271 Gold held exclusively against F.R.notesL 2,735,617 Gold settlement fund with F. R. Board . 307,419 Gold and gold certificates held by banks 353,302 Total gold reserves Reserves other than gold Total resarves .... Non-reserve cash Redemption fund - F. R. bank notes . . . Bills discounted: Sec. by U.S.Government obligations . . Other bills discounted 3,396,333 222,713 3,619,051 106,105 3,293 2,627,454 64,775 2,692,229 321,495 351,871 3,365,595 215,597 3,521,192 106,957 1,601 2,269,256 36,100 2,305,956 313,37S 394,700 3,014,53^ 212,502 3,233,036 20,442 — 124,077 290,193 414,270 202,443 239,453 292,366 531,824 45,874 5.^51 2,404,974 3,656 20,355 31s,392 54,134 46,242 6,576,202 421,506 457,373 957,725 1,337,104 5,559 2,465,376 3,760 24,229 354,602 54,129 44,942 346,399 95,447 749,336 1,191,232 4,215 6,637,394 5,542,102 F.R, notes in actual circulation . . . F.R. bank notes in actual circulation . Deposits: Member bank - reserve account . . . . Government . . . . Foreign bank Spccial deposits - member bank . . . nonmenber bank . Other deposits 3,424,114 36,792 3,477,393 24,529 2,526,572 2,135,^08 37,165 26,810 77,664 l6,l<55 2,114,423 Total deposits Deferred availability items Capital paid in Surplus . . . All other liabilities . . . . . . . . 2,345,451 2,152,636 25,465 11,022 75,603 12,921 57,325 2,347,533 333,354 149,700 273,599 25.7S1 93,434 291,567 Total bills discounted . . 3S5.001 Bills bought in open market 177/450 U. S. Government securities: Bonds .... U21.476 Treasury notes , . 506,023 Certificates and bills 909,513 Total U.S. Government securities 1,237.072 Other securities Total bills and securities Due from foreign banks F. R. notes of other banks Uncollected items Bank premises All other resources TOTAL RESOURCES .. . .. 1,773,745 5,695 14,914 347,315 57,855 35,100 L I A B I L I T I E S TOTAL LIABILITIES . . Ratio of total reserves to deposit and F. R. note liabilities combined . . Contingent liability on bills purchased for foreign correspondents . . . . 51,8'% 315,21S 150,330 272,599 25,692 6,576,202 6,637,394 — 49,155 49,593 - - — 21,024 2,234,200 341,312 155,2)10 259,421 31,357 5,542,102 62.7$ 61.5$ 67.9$ 42,220 50,223 297,735 EESOUBCES AM) LIABILITIES 05* THE FEDERAL RESERVE BAMS OH APRIL 26, 1933 R E S O U R C E S ( I n thousands of dollars) Total Boston 2,671,746 183,644 Gold redemption fund with U.S.Treas. o3,S71 5,694 Gold with Federal reserve agents Gold held exclusively against F. R. notes 2,735,617 Gold settlement fund with F#R#Bo?rd. 307,419 Gold and gold certif. held "by banks 553,302 Total gold reserves 3,356,333 Reserves other than gold 222,713 Total reserves Non-reserve casli Redemption fund - F*R. bank notes .Dx-LlS CLl S^OUIi kS'J.; Secured "by U.S.Govt, obligations Other 'bills discounted New York phila. Clsve. Rich. Atlanta 696,760 163,000 211,970 144,080 82,955 10,021 6,059 M —J ro 78,890 3,203 19,538 lU-3,263 1,379 S,94g 82,093 10,695 21,479 2,50S 12,502 67,664 116,074 20,917 1 5 2 , 2 1 1 5,887 24,454 5,813 26,471 32,617 203,136 8 , 1 3 1 16,727 4O„74S 219,863 786,355 121,255 61,986 20,299 2,607 13,547 S6l,2S2 I44,i6i 54,461 30,759 9,519 892,647 153,680 20,413 7,196 1,000 100 3,127 8,357 70,751 124,431 i,ss4 3,691 1 — 5,2S9 50 12,319 1,359 2,513 482 8.931 1,607 i4,ssi 747 7,271 4,117 61,211 2l*,600 3,272 7,37S 9,413 7,359 l6,4ss 4,918 8,018 9,7 08 17,203 49,374 65,328 20,457 9,916 30,911 36,361* 200,OSS 39,905 52,65s 14,362 33S.-59H 66,325 87,51s 23,371 725,374 1 3 7 , 1 4 1 176,51*0 Us,li*9 11,792 525 10,062 14,504 24,104 39,902 57,779 158,870 13,957 19,487 32,388 17,273 14,086 23,411 12,409 16,777 27,3S4 18,019 11,615 19,306 1*8,670 256,551 27 65,832 54,770 107 57,070 71,649 10 814 7,503 1,746 1,878 78,476 105 2,191 17,136 3,559 1,139 305,001 177,450 16,739 38,018 ?7,967 27,307 50,347 5,565 19,739 27,563 1*5,810 1^7,195 Total U.S.Govt, securities Other securities 421,476 506,083 909,513 1,237,072 5,451 Total bills and securities Due from foreign banks F.H.notes of other banks Uncollected items Bank premises All other resources 2,404,974 1^7,869 27s 3,656 44o 20,355 31S,392 36,216 54,134 3,280 46,242 812 — 776,097 119,565 51,984 10,258 1,690 2,477 4,64o 12,563 10,953 39,394 93,112 Minn. Kans.Cy. Dallas San Fran. 3,321 21,279 39,375 48,592 3,828 Chicago St.Louis 1,881 13,979 20,860 3,210 6,025 10,714 TOTAL RESOURCES 2,550 706,781 169,059 219,734 146,630 86,783 1S9.33S 10,124 106,044 9,065 13,621 15,062 8,703 23,526 8,1*91 8,691* 203,295 22,396 23,44s ppp q<?c» 1,016,124 200,520 256,803 170,386 103,977 2?,109 16,61+7 10,770 15,993 8,123 3,619,051 238,981 1,088,575 222,629 273,1*50 181,156 112,100 6,250 4,442 106,105 6,700 26,009 M70 7,235 — 150 1,400 292 250 50 3.293 93,434 291,567 Total "bills discounted Bills bought in open market IT. S. Groverxauent securities; Bonds Treasury notes Certificates aud bills 7,764 B~801b 13,927 45,239 64,166 3,626 — 845,440 193,573 244,332 35s 1,371 399 11,736 1,188 3U9 93,1^2 24,633 29,028 12,818 3,272 6,929 2,722 22,093 3.S19 — — 72,219 82,973 li*l 127 1,081 1,677 9,582 25,923 2,422 3,237 5,325 3,175 — 323,155 77,082 494 15 3,934 1,399 35,429 12,925 7,601 3,285 1,240 1,011 — 530 25,729 37,262 61,932 4s,940 124,923 — — 57,488 210,708 105 253 2,224 322 10,632 16,243 4,244 1,741 1,491 1,537 6,576,202 434,726 2,095,524 453,641 564,513 291,970 220,901 1,285,913 256,693 156,276 230,728 117,866 467,391 RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE B A M S ON APRIL 26, 1933 (in thousands of dollars) B-SOlc L I A B I L I T I E S Total F.R.notes in actual circulation 3,424,114 F.R.bank notes in actual circulation 36,798 Deposits: Member hank - reserve account 2,135,808 Government 37,165 Foreign bank 26,810 Special deposits: memoer hank 77,664 nonmember hank 16,155 Other deposits 51,849 Total deposits 2,345,451 Deferred availability items 315,218 Capital paid in 150,330 Surplus 278,599 All other liabilities 25,692 TOTAL LIABILITIES 6,576,202 Reserve ratio (per cent) 62.7 Contingent liability on hills -ourfor foreign correspondents 48,280 Boston l?e*.7 York Phila. Cleve. Rich. Atlanta 230,5+28 7^5,196 252,029 3^5,599 171,608 138,809 2,79^ 23,839 4,311 3,373 — — Chicago St.Louis Minn. Kans.Cy. Dallas Sar. Fran. 886,60S 147,319 9 ^ , 7 3 5 11S,9^3 39,671 253,109 1,762 35 57 — 123 123,986 1,036,908 112,805 120,065 62,123 4 l , 4 s 6 264,731 - 5 , ^ 7 36,523 7 ^ , 6 0 7 49,272 147,850 ^53 17,731 2,375 l,1^ 1,191 2,055 2,919 975 1.699 1,057 2,323 2,933 1,9*18 3,937 2,803 2,642 l,04l 9S1 3,470 908 6l4 jjk Jlk 1,86s 2,350 5,203 5,730 13,979 6,493 6,336 22,242 5,417 1,062 4,449 201 3,697 -1,453 1,432 7SO 1,403 428 4,504 3,27^ 2,172 185 — 524 4,211 17,527 219 ^,559 ^>66g 2,b82 4,l69 3,490 1,138 926 28b 7,674 133,^8 1,083,164 125,364 143,429 76,924 53,968 302,035 79,511 43,208 81,998 52,856 164,546 3b,204 87,011 25,338 27,330 24,715 9,933 37,13^ 1^,3^7 7,305 16,626 11,S31 17,444 10,737 53,505 15,839 13,§4l 5,407 4,631 15,569 4,152 2,842 4,249 3,787 10,671 20,460 85,65s 29,242 28,294 ll,6l6 10,544 39,^97 10,186 7,019 8,263 8,719 19,701 b55 7,ni 95-8 2,547 1,700 3,016 3,308 1,139 1,110 649 879 1,920 434,726 2,095,584 453,641 564,513 291,970 220,901 1,285,913 256,693 156,276 230,72s 117,866 467,391 65.7 59 # 4 59.O 55.9 72.9 58.2 75.1 67.8 51.3 61.9 44.0 52*6 3,553 15,798 5,111 4,819 1,898 1,767 6,328 1,655 1»120 1,412 1,412 },lK)7 MATURITY DISTRIBUTION OF BILLS AIID SHORT TERM SECURITIES Bills discounted Bills "bought in open market Certificates and hills 'funicipal warrants Total Within 15 days l6 to 30 days 31 to 60 days 6l to 90 days 385*001 254,905 71,214 91,^38 24,725 74,240 48,636 >+9,133 5,923 177,^50 909,513 5,451 5,211 85,300 26,022 210,875 178 54,550 35 91 days to 6 months 6,855 51 297,372 27 Over 6 months 7^7 169,978 FEDERAL RESERVE NOTE STATEMENT ON APRIL 26, 1933 (In thousands of dollars) Total Boston Federal reserve notes: Issued to F.R.Bank "by F.R.Agent 3,715,3^1 246,879 Held by Federal reserve "bank 291,227 16,451 3,424,114 230,428 In actual circulation Collateral held "by agent as se~ curity for notes issued to bank* Gold and gold certificates 1,317,^11 67,627 Gold fund - F. R. Board 1,354.335 1 1 6 , 0 1 7 Eligible paper 4 1 7 , 6 5 9 46,185 650,500 17,500 U.S. Gov't, securities Total collateral 3,739,905 247,329 Hew York Fhila. Cleve. Rich, Atlanta B-801d Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. 836,213 267,102 366,672 180,522 148,032 9 1 , 0 1 7 1 5 , 0 1 3 21,073 s,9i4 9,223 9^3,176 1 5 9 , 3 1 1 56,568 1 1 , 9 9 2 98,49b 128,1+15 3,761 9.472 ^2,671 297,852 3,000 44,743 7^5,196 252,089 345,599 1 7 1 , 6 0 8 138,809 886,608 147,319 94,735 U S . 9 ^ 3 39,671 253,109 393,660 303,100 84,459 55,000 420,097 356,000 62,429 105,000 26,984 25,000 14,451 34,000 20,090 58,800 14,094 37,000 18,538 92,500 1,000 50,763 7,704 46,024 19,000 115,000 943,526 160,221 100,435 129,934 46,242 304,287 86,050 86,470 43,575 76,950 125,500 100,505 29,333 56,541 18,008 76,000 100,000 21,000 21,955 61,000 28,775 4o,ooo 836,219 268,333 3 6 8 , 5 1 1 183,088 1 5 1 , 7 3 0 39,865 79,700 9,656 31,000 FEDERAL EESERVE B A M .NOTE STATEMENT OH APRIL 26, 1933 (in thousands of dollars) Federal reserve bank notesj Issued to F.R.Bank(Outstanding) Held by Federal reserve bank In actual circulation Total Boston 57,594 20,796 6,840 4,046 36,798 2,794 19,599 57,75^ 7,625 77,353 7,625 Hew York Phila. Cleve. 32,754 8.915 5,840 1,029 5,620 2,247 23,839 4,811 3,373 Rich. Atlanta 200 200 — Chicago St .Louis Minn. Kans.Cy. Dallas San Fran. 5,800 4,038 160 121 180 123 — — 200 77 1,762 39 57 -- 123 10,300 320 5,000 2,000 — 10,000 5.320 2,000 — Collateral pledged against outstanding notes: Discounted and purchased bills U. S. Gov't, securities Total collateral 10,342 32,754 8,000 32,754 8,000 10,342 1,067 1,067 245 245
@FedFRASER