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STATEMENT FOR THE F'EESS Released for publication Friday morning, Apr, 5; not earlier. B-801 Federal Reserve Board April U, 1935. CONDITION OF FEDERAL RESERVE BAMS The daily average volume of Federal Reserve bank credit outstanding during the week ended April 3» as reported by the Federal Reserve banks, was $2,469,000,000, an increase of $11,000,000 pompared with the preceding week and a decrease of $66,000,000 compared with the corresponding week in On April 3 total Reserve bank credit amotmted to $2,462,000,000, an increase of $10,000,000 for the week* This increase corresponds with increases of $61,000,000 in money in circulation and $69,000,000 in Treasury cash and deposits with Federal Reserve banks, offset in part by increases of $5,000,000 in monetary gold stock and $13,000,000 in Treasury and national bank currency and by decreases of $92,000,000 in member bank reserve balances and $11,000,000 in nonmember deposits and other Federal Reserve accounts• Relatively small changes were reported in holdings of discounted and purchased bills, United States Government securities and industrial advances. Changes in the amount of Reserve bank credit outstanding and in related items during the weelp and the year ended April 3t 1935» w e r e a s follows: Increase or decrease since Apr. 3 1935 Mar. 27 1935 Ap.r# k , 195U (In millions of dollars) Bills discounted 6 Bills "bought 5 U. S. Government securities 2,^31 Industrial advances (not including 16 mill ion commitments-April 3) 21 Other Reserve "bank credit -2 +1 -42 -21 -1 +10 +21 -6 TOTAL RESERVE BAUK CREDIT Monetary gold stock Treasury and national bank currency +10 +5 +13 -H 7 +865 - +xt5 +61 -92 +69 -11 +126 +7H3 +S1 +46 2,462 2,5 k8 Money in circulation 5,497 Member bank reserve balances Treasury cash and deposits with P.R.banks Uonmember deposits and other F.R. accounts 1+33 -2 — — Released for publication Friday morning, April 5»19355 not earlier. B-gOla ASSETS AKD LIABILITIES OF THE TWELVE FEBSRAL RESERVE BAMS COMB IKED (In thousands of dollars) Apr. 3.1935 Mar. 27.1935 Apr, 4, 1934 ASSETS Gold certificates on hand and due from U. S. Treasury . . . Redemption fund ~ F. R. notes . . . . . Other cash Total reserves . . . • • • • . . . Redemption fund - F. R. bank notes . . Bills discounted: Secured by U.S.Gov't, obligations,direct and/or fully guaranteed Other bills discounted ....... Total bills discounted . . . . . . Bills bought in open market . Industrial advances U. S. Government securities: Bonds . . . Treasury notes Certificates and bills Total U.S.Government securities . Other securities # Total bills and securities . . . . Due from foreign banks . F. R. notes of other banks Uncollected items ..... Bank premises All other assets TOTAL ASSETS ....... 5*593.721 17,625 2^6.131 5»8^7,^77 5,567,025 14,708 253.500 5,835,233 — 4,309,575 33,7^9 215,178 4,558,502 8,513 3,4o6 2,985 4,415 3,263 12,244 35,285 6,391 5,304 7,678 5,306 20,785 47,529 26,045 545,660 391,9^2 1,494,703 543.660 442,795 1,222,681 766.286 2,430,219 2,430,305 2,463,587 2,464,074 21,073 392,493 1,492,666 — 2,431,762 563 2,505,899 3,131 16,551 702 702 15,313 ^71,759 49,533 43.016 15,973 446,072 49,524 ^2,173 S,S9i,3S7 8,853,751 7,694,036 3,17^,531 3,130,572 3,032,016 106,952 427,938 52,503 120,999 L I A B I L I T I E S F. R. notes in actual circulation * . . F. R. bank note circulation - net . . . Deposits: Member bank - reserve account . . . . U.S.Treasurer - General account . . . Foreign bank . . . . . . . . . . . . Other deposits Total deposits Deferred availability items Canital paid in Surplus (Section 7 ) • Surplus (Section 1 3 b ) . . . Reserve for contingencies ...... All other liabilities TOTAL LIABILITIES * — . 4,192,95^ ^73,679 17,360 213,075 4,897,06s 474,539 146,953 144,893 i4,S09 30,805 7,7S9 8,891,387 4,285,129 393,138 20,053 220.746 4,919,066 458,986 146,921 144,893 14,366 30,802 , 8,145 8,853,751 Ratio of total reserves to deposit and F. R. note liabilities combined * # Contingent liability on bills purchased for foreign correspondents . . . . . 72 70 98 Commitments to make industrial advances 16,252 15,732 72.5$ 3,449,803 66,883 5,049 135,063. 3,656,798 427,984 146,273 138,383 22,530 163,500 7,694,036 68.2$ ^.771 ASSETS AND LIABILITIES OF THE FEDERAL RESERVE BAMS OH APRIL 3, 1935 (In thousands of dollars) A S S E T S Total Boston Few York Phila. Cleve. Rich. Atlanta Gold certificates on hand and due from u. S. Treasury 5,593,721 1+30,727 2,181,903 298,932 460,700 204,374 113,723 Redemption fund - P. R. notes 17,625 264 1 , 6 5 2 1,878 1,382 1,U75 3,160 Other cash 236,131 25,653 69,343 33,038 10,212 8,385 12,244 Total reserves 5,8117,1+77 456,6^ 2,252,898 333,8*18 472,294 Bills discounted: Secured by U.S„Gov't, obligations, 3,*+o6 640 direct and/or fully guaranteed 332 1,^79 3^3 Other bills discounted 2,165 112 165 2,9^5 31 497 3,644 Total bills discounted 752 6,391 37* Bills bought in open market 5,304 504 390 2,029 536 Industrial advances 2,146 1,3^6 1,902 3,669 21,073 U. S. Government securities: Bonds 136,434 25,387 30,880 392,^93 23,^53 1,1+92,666 97,^66 446,959 103,392 132,262 Treasury notes Certificates and bills 51+5,660 36,760 155,925 38,341 49,SS3 Total U.S.Govt. securities 2,^30,819 157,679 739,318 Total bills and securities 2,463,587 160,967 746,893 53 391 279 4,033 Dae from foreign banks R. notes of other banks Uncollected items Bank premises All other assets TOTAL ASSETS 702 15,313 471,759 ^9,533 43,016 50,269 3,168 661 112,156 11,658 29,861 167,120 213,025 171,822 215,249 72 67 335 39,128 ^,562 M71 i,o4o B-801b Chicago St.Louis Minn. Kans.Cy* Dallas San Fran. 1,002,950 2,782 24,581 172,819 135,671 192,919 37$ 884 9,421 10,904 10,587 9 M 5 0 30M53 18S 5,399 3,l4l 15,864 214,734 129,127 1,030,313 182,618 1^7,016 204,3?0 100,1+37 323,158 153 65 218 196 60 130 190 191 100 23 123 62s 1,600 13 13 20 5 26 25 106 65 171 99 79 1,94s 1*3 959 490 60 194 254 138 1,702 100 17 117 371 687 3,5^3 1,081 l6,46l 70,509 26,593 13,665 58,491 22,061 249,531 50,015 16,112 16,730 15,647 66,s6s 39,659 66,221 90,297 25,220 1^,765 24,976 19,635 28,024 to, 273120,035 15,567 ^5,272 113,563 9^,217 339,343 108,200 71,204 106,844 76,475 193.331 117,520 95,679 392,194 10S,S15 73,256 108,117 26 l,4i6 43,865 43,226 6,629 3,028 1,615 1,299 25 973 17,339 2,325 1,731 85 1,814 67,7^5 M55 799 5 4 451 1,609 20,354 12,302 2,628 1,580 680 234 8,891,387 672,153 ]5,157,828 55^,238 740,759 381,249 ;247,199 1,^97,905 :316,763 235,289 78,569 194,506 18 49 19 1,052 1,91*+ 235 26,308 18,530 20,037 3,447 1,684 3,869 518 276 871 343,609 200,344 544,051 ' ASSETS AND LIABILITIES OP THE FEDERAL RESERVE BAMS OH APRIL 3, 1935 (In thousands of dollars) L I A B I L I T I E S To tal Boston New York Phila. F.R.notes in actual circulation 3.17^531 269,1+81+ Deposits: 281,861 i+,132,35k Member bank - reserve accotrnt U.S.Treasurer - General account ^73,679 39,917 17,360 1,235 Foreign bank Other deposits 213,075 3,933 Total deposits Deferred availability items Capital paid in Surplus (Section 7 ) Surplus (Section 13 b) Reserve for contingencies All other liabilities Cleve. Rich. Atlanta 669,376 236,010 310,561 15^.337 125,1+1+9 B-801c Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. 792,1+60 11+0,159 ioi+,138 119,720 1+7,719 20i+,6is 1,828,553 219,669 311,957 1^2,150 81,^22 572,856 119,27U 96,229 173,199 Ilk,226 251,552 il+,570 11,1+60 5,609 12,206 1+.615 2$,1+51 272,925 18,599 36,906 23,961 6,1+60 1,989 515 1+12 1+63 1+1+6 1,200 6,521 1,698 1,629 635 617 2,863 12,761 7,831 1,56^ 2,923 15,821 1^8,108 7,199 M 9 6 2,820 3,156 1+,897,068 326,91+6 2,256,107 21+7,165 35i+,588 169,566 91,655 592,278 Il+1+,010 110,081 187,1+32 122,210 295,030 16,582 109,918 37,035 ^3,735 1+2,9^9 70,771 22,056 12,IOU 27,050 20,1+37 20,938 ^ . 5 3 9 50,961+ i+,i+o6 12,796 l+,072 3,131 4,020 10,820 4,057 11+6,953 10,772 59,575 15,11+6 13,123 5.035 ll+l+,893 9,902 1+9,961+ 13,1+70 li+,37i 5.186 5,51+0 21,350 3,^20 9,61+5 3,613 i+,655 3,777 ll+,809 2,165 2,098 1,007 2,081+ 73k 1,380 626 1,778 672 51+7 1,003 695 30,805 1,61+8 3,000 1,1+16 2,600 7,501 2,996 2,0l+l 891 1,211 5.325 1,363 813 3,609 272 176 l,5l+5 201 252 261+ 7,739 192 318 37^ 213 373 8,891,387 672,153 3,157,32s 55M3S 7^0,759 381,21+9 21+7,199 1,>+97,905 316,763 235,289 3^,609 200,31+1+ 5I+M51 TOTAL LIABILITIES Ratio of total reserves to deposit and F.R. note liabilities combined 72.*+ Contingent liability on bills purchased for foreign correspondents 70 Commitments to make industrial advances 16,252 77.0 76.6 69.1 71.0 5 25 7 7 2,651+ 6,23s U73 1,1+37 66.2 59.5 3 7I+.1+ 727 1+53 59.I 2 2 2 1,517 33 1+11+ 2 79s 66.5 6I+.3 68.6 6I+.7 2 — 5 1,508 MATURITY DISTRIBUTION OF BILLS AND SECURITIES Total Bills discounted Bills bought in open market Industrial advances U. S. Government securities 6,391 5,30^ 21,073 2,1+30,819 Within 1 5 days i+,i68 1+97 885 33,252 16 to 30 days 2l+5 3,671+ . 77^ 1+1,078 31 to 60 days 783 1+72 ^73 89,021 6l to 90 days 1,093 661 561+ 291,959 91 days to 6 months Over 6 months 7S 2l+ 1,265 327,296 17,112 1,61+8,213 FEDERAL RESERVE 1TOTE STATEMENT ON APRIL 3, 1935 B-SOld (In thousands of dollars) Total Boston Hew York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Federal Reserve notes: Issued to F.R.bank by F.R.Agent Held by Federal Reserve bank In actual circulation 3,433,556 259,025 285,823 16,339 3.17^,531 269,4s4 766,077 249,097 96,701 13,087 669,376 236,010 324,306 13,745 163,589 141,516 823,356 8,752 l6,66l 30,896 310,561 154,837 125,449 146,099 108,644 127,642 5,940 4,506 7,922 53.579 243,828 5.860 39.210 792,460 140,159 104,13s 119,720 47,719 204,618 Collateral held by agent as sei curity for notes issued to bank: Gold certificates on hand and due from U. S. Treasury Eligible paper U. S.Govt. securities Total collateral 3.249,979 4,552 246,100 3.500,631 301,617 73S — 302,355 788,706 228,000 326,215 151,340 85,685 2,005 17s 187 i+77 355 — 22,000 13,000 60,000 790,711 250,477 326,570 164,527 145,863 121,632 103,500 122,000 52,675 196,263 l4i 245 20 4 102 60,000 26,000 6,100 7,000 2,000 50,000 772,3^6 100 832,446 147,636 109,620 129,l4l 54,920 246,365
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