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Form F.R, 283

S TAT M ENT FOR THE PRESS

Released fo r publication
Friday morning* A pril 7 5
not earlier

Board of Governors
of the Federal Reserve System
April 6 , 1944

COHDITION OF THE FEDERAL RESERVE BANKS
During the week eiried April' 5 'member bank reserve balances increased
$221+,000,000* Additions to member bank reserves .•arose franf an increase of
$17>000,000 in Reserve Bank cred it and reductions o f §327*000,000 in .Treasury .
deposits with Federal Reserve Banks and $112,000,000 in nonmember deposits and
other Federal Reserve accounts, o ffs e t in part' by a decrease of $60,000,000
in gold stock , and increases of ,$154,000,000 in money in circu la tion and
$18,000,000 in Treasury cash. Excess reserves o f member banks on April 5 were
estimated to be approximately $900, 000, 000.
There was an
Government s e c u r itie s :
$17, 000, 000.

increase of $35,000,000 in holdings o f United States .
c e r t ific a te s increased 952,000,000 and b i l l s decreased

Changes in member bank reserve balances and related items during the
week and-the-year sided April. 5.» 1944, were as fo llo w s :

Increase or decrease
sine e
A pril 5»
March 29,
April 7*
1944
1944
1943
(in m illion s of d o lla rs)
U# S# Govt« s e c u r it ie s (in c l# guar# s e c»)
Loans* discounts# and advances
Other Reserve Bank cre d it

12,332
56
377

+
+

35
37
18

+5,783
+
30
+ io 4

T ota l Reserve Bank c r e d it
Gold stock
Treasury currency

12,766
21,540
4,093

+
+

17
60
.1

+5V916
-1,001
+ . 99

Member bank reserve balances
Money in c ir c u la t io n
Treasury cash :
Treasury d eposits with F*R* Banks
Nomember-d eposit s •and ojther F«R* a.CQ.ouilt s

12,277
21,191
2,347
6
2,157

:♦
+
+
-

224
154
18
327
112

- 833
+4,838
+ 118
+ 213
+ 680




;'orm F. R. 283c
LIABI-LITIES

Total

'STATEMENT- OP CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 5, I9UU
(In thousands o f d olla rs)
Boston New‘-York •' Phila. . Cleve,
Rieh. Atlanta Chicago St.Louis
Minn. Kans-.Cy.

inderai. Reserve note?
17,635,730 1174,25-5 3¿$2?,110 -II88,955- 1,559,859 1170,699 1021,277 3 , 282,198
Deposits:
'
. 1
,
ifember bank-reservs acct42 , 276,815 <592 ,931 4,128 ,222 ” Ö06, 590
943,588 505,328 520 ,584 1,762 ,116
U.S'.Treasurar-goneral'acict. 1^26,330
25,336 " 211,418: 18,288
31 ,l4 l
10,176
12,506
51,481
/oreign
1
1 ^ 32,527 ' 98r25i;.2/567,4l3r 124,636
120,571
54,189
43»352
167,987
other
368,601
2,855 - 2?6 , 892’
5,623
6,415
4,039
3,593
3,793
Total deposits
. . 1 4 , 504,273 719,573;;j, 183,945.'. 755 A37 1 , 10 1,715 573,752 580,055' 1,985,577
206,061
Deferred a v a ila b ilit y i i ►emsl, 265 ,164 98,353 , 255,169.. 75,970
72,075
84,875
125,045
Other l i a b i l i t i e s incluaLing
656 . 2 ,079;
8,016
83l
accrued dividends
282
556
1,199
649
ToTa L lia b ilitie s
. 33',4 1 3 , 18? 1992 ,637 9,368,503. .¿018,618 2 ,787,498 1829,583 1674,030 5,474,355
Capital paid in
11,828
6,276
18,171
5,564
156,645
15,959
9,3.79 .. 57,754
Surplus (S ection 7)
13,206
16,026
26,490
70,012
5,236
183,097
5,725
17,859
-Surplus (S ection 13b)
3,290
7,092
■ 26,965
4,421
2,874
1,007
749
1,429
Other capita l accounts
63,552
3,518
4,972
4,558
8,378
4,552
'15,154
10,734
TOTAL LIABILITIES AND
CaPIT-iL ACCOUNTS
33,853*442 2022,114 9513,315 2057,084 2, 828,868 1849,562 1690,426 5,551,659
Commitments to make in dustrial
—
—
advances
8,378
8
450
52
1,485
1,193
PmR. notes outstanding
C ollateral fo r F.R.notes
neld by ¡Mi.^gents*
Gold ce rtifica te s.
E lig ib le paper
U.S.Govt, secu rities.




756,233-400,726

652,752

433,759 2067,927

428 M l 282 ,245
15,998
9,570
41,997 29,804
9,12h ]G/?75

571,693
8,997
39,-287
•3,035

514,306 1420,525
- 9 .*94l
21,478
39,287 105,753
33 428

496,406 552.094
55,016 24,934

625,012
76,221

566,965 1586,134
4 2 ,745 150,652

345

241

206

264

658

1508,000 7 58,545 1352,249 1043,653 3805,421
13,078
4,827
5,097
4,795 '3,417
. 6,330
3,669
4,554
14,159
4,831
•53c
1,000
2,129
1,137
1,307
3,069
3,765
3,565
2,947
3,742
1522,602 770,175 1366,602 1057,687 3858,550
----

----

3,000

----

2,690

13,194,717 ,1200,046 4 ,062,326 1214,179 1,599,354 1198,245 1063,455 3 , 560,206 ’ 788,594 407,052 670,088

458,847 2172,325

1 3 ,120,000 - 761,000 3,770,000
42,110.
5,180
30,775
450,000
300,000
5,589,541

291,000 1724,000
—
—
500,000
175,000

.Total
Discounts and advances
Industrial loans
U. S. Govt, se cu ritie s
( i n c l . guar, s e c .)

Dallas San Fran.

: ; 43 >9óo
12,494

Within
15 days

740,000 1 , 100,000 775,000 710,000 2, 295,000 290,000 234,000 430,000
------— j.
—
. 500
— .
5,550
125
500,000
375,000
1
,
170,00c
569,541'175,000
450,000
4.75,000
! 250,000
IizVFURITY DISTRIBUTION OF LOAFS ÆD Si'CJKl^ILS

16 to
30 days

31 to
00 days

. ■61 tf;
9à àüyr>

s- to
6 r.ic.'ïtns

6 montns
to .1 y ¡ar-

4 to 2
yaars

' §8,055
11,092

11,555
505

975
29

3,375
311

130

290

&5

12,331,921 1,274,505

1,233,043

2,127,225

2,378,377

1,563 ,^40

1,6C0,SC'-

17,800

l/ A fter deducting $861,611,000 p a rticipa tion s o f other Federal Reserve Banks,

2 to
5 years

Over
5 years

1+6
977 M 5

~

l,l$ k ,5 d 6

Form F. R. 283a
Released fo r publication Friday morning, j-.pril 7> 1944; not earlier.'
dTiiTEMS^iT; OF 'CONDITION
OF THE TiiELVE riSDBlSi* J&SERVE j BAMS CriiBIIiED
•(In thous-ands o f d o lla r s )’
Increase or decrease
•since

A or.: 5 1 ; Iviar. 29
1314 . V . 1944'

A p r, 7

19,084; 3^ 5" " '— 50,000
278, C68
- 12,467
- 22,234
295,5$5

-1,253,091
+ 237/360
66,167

84,701
19.657 ^ 8
b£.96& *'r- 38-, 968
12,494' . + 2,518

-1 , 081,898
+
30,680
453

- 17,226
6,716*J50
+ 51,700
3,003,C>40
*
1,161,264
—
1,451,1)67 •

+4,183,1146
+2,019,665
+ 180,589
- 600,500

+ 34,474

+5,782,900

-

- 10,231
-139,598
8
- 3,488

+5,813*127
+
. 89
20,457
+ 291,195
4,065
19*118

. - 240, oce

+5*019,787

17,635^730. " +137,028

+U,796,638

12,276,815-. * '+223,571
.1^6,330 . ' -326,757
l,lf32,527 - -131,860
+ 15,480
368, 601,
14,504,2.73;' „ -219,566
-158,006
1,265,164-

•p
+
+
+

1943

•A S S E. T S
G old^certlficatB s"’ on hand-and
due ;from,lJ, S* Treasury
Redemptionifund - F. R. notefe
Othei: cash,:
'

ri

*

'

Total r»servfes.‘ * ^
........ "
........"‘ - y r'y
^ " - ...
Discounts and
advances
i
Indu strial! loans
II.1 S, Govt* s e c u r it ie s
B ills
;•
C e r t ific a t e ? * *.
N.fctes !
Bpnds r‘J*.
w

«

To ta l U»/.£(• Golr-t; s e c u r itie s
( i n cl / guaty sec»«)
^

.12#331*921

Tota-i lo-$-&s and s e c u r itie s •

* («

12,388,>75'.
' ,136
72,133 .
l,642;254*• 34*966 :
' 57,650 -

Due Troifr fo re ig n banks
’ 4
'
F, "R.. ng.t4s ^of^'‘other banks ;
U ncollected itemsBank’ premises
Other assbts
TQTa L

33,853,14^

1,976

*- j*

L. IABILITIE. S
Federalr-ffe serve .notes
s
Deposit« i -• +• + «
/' j ’
iucmber*-l|ank: - reserve account
U*S . Trwsibisurer^gbneraLt #ccpunt
Foreign;
Other
Tot-el d ep osits '
Deferred: a v a ila b ilit y itqirfs
Other l i a b i l i t i e s including
accrued* dividends / ;
i, tota£

LIABILITIES

**
,f *
•d a P I T A L

8, 016. ;
-33*413,182

j
'

Capital paid in
Surplus (S ection 7)
Surplus (Section 13b)
•jther qa pita l accounts

7

1,878

-240,537

+4,990,564

+

*
•
.C C' 0 PlN'T-'S^

;*
*♦j

TOTAL LIABILITIES AND<CAPITAL ACCJUNTs'
Ratio o f t o t a l re so rv p s;to d eposit
ana F. S, note lia b ilitie s ;,co m b in e d
Commitments to make in d u stria l loans



833.341
213,073
556,107
69,637
+
5,476
+ 186,572

9.739
+
58 +
156,645
+
27,686
188,097
+
-136
26,965
m
8,338
+
477 m
68,53?
.... , ....... ................ ..................... .................
3 3 ^ 8 5 3 ,^ '

6 if2%
8,.878..

-¿4o,<$e

+5.012,787

-

-

.i%
2,287

ik.1%
b,bhO

Form F« R*

283t

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS OF APRIL 5 , .19UU
(In thousands o f d o lla r s )

1SSE I S
Total

Boston

New York

Phila*

Cleve*

Rich.*

Atlanta

Chica'go* £t*Louis

Gold c e r t ific a t e s on hand and
due from U, S v Treasury*' 19#08U,325 1015,596. 5*755*495 104?,027 14472,403 1020,658 982,956 3, 300,620
Redemption fuixd-F^R«notes
278*068
24*080 ,2 5 *0 1 7
23,626
19,215
55,054
23; 191
.1^,419
Other cash
21*C91
22*807
15,907 • 16,944
44*542
295,535
24,331
85,219
Total reserves

19, 657,928 1062,918 5, 860*133 1094,198 1, 520*227 1060, 191- 1019,115 3*4oo*4i6
•

Discounts and advances
Industrial loans
u\ s* Govt» secu rities
B ills
C e rtifica te s
Notes
Bonds

43,960
12,494

5,180
1*427

30,775
123

5,530
5,476

370

216

6, 716,150 360,807 2,041,527
3* 003,040 230,401
638,969
1*161*264
89*094 247,087
1*451,467 111*359
308,834

39l*8i<4
243,780
94,270
117,829

495,829
343*610
132,872
166,077

297,141
200,849
77,667
97*076

Minnt Kans* Cy* Dallas

San Fran»

553*742 362,667
29*210
8,724
12,374
6*266

701,234 519,'
ll*915
9*1
10,985 10*149

2,350,422
29,213
24,920

595,326 377,657

724,134 539,058

2,404,555

*

800
4

500

3

500
4,488

229,010 1*257,498
179*476
316,356
69*403
122,333
86*747
152,905

390,639 185,964 242,025 189^863
139,965 91*362 160*801 146*339
62*182 56,590
54,125 35,328
67,651 44* i *>7 77,722 70*731

634,003
311,132
120,313
150,379

550
97

—-

260

125
30

Total U. S* Govt* s e cu ritie s
( i n c l . guar* sec*)
12,331*921

791*661 3*236,417

847*723 1,138*388

672,733

564*636 1*849,092

652^380 356,811

542*73 0 463,523

1*215,827

Total loans ana
s e cu rities

798,268 3*267,315

858,729 1,138,758

672,949

565*283 1,849,896

652*880 357*071

542,885 463*526

1*220*815

12
3,228
155*368
4*186
7,089

6
6,482
102*546
2,915
4*273

12,388,375

Dae from foreig n banks
136
F* R* notes o f other banks
72*133
Uncollected items
1.642*254
Bank premises
- 34*966
57 ¿650
Other assets
TOTAL ASSETS




33*853*442

10
1*057
154*195
1#652

4,oi4

1 / 49
11*799
357,088
9*062
12,869

4
3,099
48*418
970
2,612

11
17,427
187,653
2,004
6,085

2057,084 2,828*868 1849,362 1690*426 5,531,659 1*322,602 770,173 1366,602 1057,687

3,838,550

12
2*074
94,380
3,564
4*127

4
7,063
93*884
1*643

3*434

17
8,512
263,750
2*929
6*139

4
5*310
64*498
2*054
2 ,5 3 0

l / After deducting $87,000 p a rticip a tion s of other Federal Reserve Banks*

3
1,333
31,232
1,273
i,6 o 4

4
4,749
89*242
2,714
2*874