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Form F. K. 283 STATEMENT FOR THE PRESS Released for publication Friday morning, August 13; not earlier. Board of Governors of the Federal Reserve System August 12, I9 U3- CONDITION OF THE FEDERAL E-iiSSRVE BAMS During the week ended August 11 member bank reserve balances increased $120,000,000« Additions to member bank reserves arose from a decrease of $103,000,000 in Treasury deposits with Federal Reserve Banks and an increase of $136,000,000 in Reserve Bank credit, offset in part by an increase of SO7#000,000 in money in circulation and decreases of $29 , 000,000 in gold stock and §2,000,000 in Treasury currency, -Excess reserves of rnenber banks on August II were estimated to be approximately $1,200,000,000, an increase of $170,000,000 for the week. There was an increase of $152,000,000 in holdings of United States Treasury b i l ls . Changes in member bank reserve balances and related items during the week and the year ended August 11, I9k3s were as follows 5 Increase or decrease since Aug. 11, Aug. k, 19^3 ^ug. 12, I9k2 191+3 (In millions of dollars) B ills discoùnted U. S. Government direct obligations U, S. Government guaranteed obligations Industrial advances (not including 12 million commitments -.August 11) Other Heservo Bank credit Total Reserve. Bank credit Gold stock Treasury currency Member bank reserve balances ■ Money in circulation Treasury cash Treasury deposits with F. R. Banks iionmembor deposits and other ‘F.H.accounts 2h 3,281+ + 6 + 152 33 1 12 365 23 8,718 22,306 li, 09I 12 , It56 18,101 2,281 295 1,982 r\ C. 120 + 87 + 103 + 258 +5,206 1+36 + 759 - 253 +5,231 + 75 + 121 + 355 Form s'. R. 28Jc Total L I A B I L I T I E S i-'. R. notés in actual c i r culation 11*,522,391+ Deposits*' hember bank-reserve a cct. 12, 1*55, 8014. U.S.Treasurer-general a cct. 295,1*66 Foreign 1 , 272, 11*1 Other 379,151* Total deposits 11**1*02*565 Deferred a v a ila b ility items 1,156,030 Other l i a b i l i t i e s including accrued dividends 5,51+6 TOTAL LIABILITIES 30,086,51*3 Capital paid in 11*9,022 Surplus (S ection 7) 160,1*11 26,329 Surplus (S ection 13b) Other cap ita l accounts 90,796 TOTAL LIABILITIES ¿ND CxlPITaL accounts 30, 513,601 Commitments to make in d u strial advances 11,979 F. R. notes outstanding C ollateral fo r F.R.notes held by F.R.Agents* Gold c e r t ific a t e s e lig ib le paper U.S.Gov’ t se cu ritie s Boston STATEMENT OF CONDITION Of1 THE FISDEIû-L RESERVE B_^KS ON ¿JJGUST i l , 19I+5 ( In thousands of d o ll. ¿rs) Phila. New York Cleve. Chicago St.Louis Rich, Atlanta Liinn. Kans.Cy. Dulias San Fran. 1032,1*79 3,193,31*9. 1016,237 1,321,81*7 766,21*3 2,311,837 501+.753 l,37l+,229 1*26,925 268, 281* 51*7,701* i+89,235 1 , 323,621 35,052 7 , 1+16 9,506 59, 01+0 12,385 12,397 12,1*52 85,353 137,1+03 39,120 31,536 33,739 35,739 21*, 773 l+l*,9l+3 12,636 l+,076 ■6,005 3,003 li, 33I 7,979 559,713 2,075,003 1+06,235 313,933 590,732 533,555 1 , 1*92,1*79 155,206 65,912 1+1,732 52,737 25,000 69,915 167,739 652,790 1*,219,956 53,766 2 1 , 11*3 1/ 795,160 31,355 5,121 - 272,050 653,957 23,368 106,998 ¿+,330 971+, 035 31,873 103,619 3,61+1 515,260 18,063 1+3,1+31 5,91+9 710, 1*11* 5, 11*0,932 226,660 79,068 700,653 1,113,218 108,095 70,633 537,703 95,21+1 661* 1,933 1822,62 5 8,567,879 55,032 9,532 11,160 58,001 7,070 2,371* 5,621 25,31*0 52l*,l*0l+ 31+0,666 l,6li+, 159 91+2,683 607,732 31+5,753 21*2 281 221* 103 172 165 596 167 I+90 1+99 1876,063 2,51*8,659 1625,799 1396, 01+8 5,055,130 111+6,973 681*,356 1131,290 921, 01*1 3,260,125 12,181 ¿+, 3l*2 li,636 U, 555 6,030 11,706 15,1+36 5,31+3 3,135 16,55? 11,01*1+ 22,925 3,221 • ¿+,966 i+,083 15,670 3,615 5,236 5,725 1U, 767 2,121 1,000 530 1,157 1,507 3,21+1+ 717 1,1+29 1,007 ¿+,393 6,601 5,1+28 l+,070 1+, 112 1*,011 3,765 13,731 6,570 1+.1+70 5,577 1851,812 8,713,822 1914, 1*02 2,533,1*1*6 161*1*,779 11*11,81+9 5,109,821* 1161,180 696,027 H 9l+,99l+ 931+,39!+ 3, 292,072 -- 61 5,000 1,1+77 *■“— 5,258 I+72 993 15,031,530 1075,027 3, 299,219 101*6,290 l,35U,305 967.772 8 11,15 5 2 , 861+,521 633,081 350,579 51+5,070 569, 371+ 1, 710,357 950,000 1 , 360,000 -7,905 -100,000 857,000 1*80 125,000 725,000 2, 870,000 ---100,000 350,000 352,000 -. 150 -331+,217 51+0,000 376,000 1 , 71+9,000 — -100 —— — 5,000 715 9 11*, 029,000 980,000 2, 920,000 6,000 8,830 23, 1*65 1*00,000 1 , 161*,217 100,000 l,99l+ MATURITY DISTRIBUTION OP BILLS .ÆD S?JCURITIES T otal, 21+, 230 11,607 B ills discounted Industrial advances U..S* Government secu rit ie s . d ire ct and guaranteed 3.517,556 Within 15 days 17,995 10,026 16 to 50 days 1+.505 59I+ 51 to 60 days 1,080 11+7 61 to 90 days 650 51+ 91 days to ' 6 months 6 months to 1 year — — 1 to 2 years — 2 to 5 years — 525 126 239,600 659,650 206,100 1,990,671 675,605 2,191,327 767,755 1 / A fte r deducting $672,11*5,000 p a r tic ip a tio n s o f other Federal Reserve Banks. 658,671 361 256 Over 5 years — — 359, 1+77 Form F. R. 233^ Released fo r p u b lica tio n Friday morning, August 1 3,l9u 3; not e a r lie r . STaTE/iENT OF CONDITION OF THE TWELVE FEDERAL RESERVE B^KS COMBINED (In thousands of d ollars) Increase or decrease since AUg. 1 1 , 191+3 1+, l?l+3 20 , 069,2114 - 39,002 + 17,531+ - 6,757 - 23,225 Aug. 12, 191+2 ASSETS Gold c e r t ific a te s on hand and due from U. S. Treasury Redemption fund - F, R. notes Other cash Total reserves B ills discounted* Secured by U. S, Govf t obligation s, d irect and guaranteed Other b i l l s discounted Total b i l l s discounted Industrial advances U. S. Government s e cu r itie s, d irect and guaranteed* Bonds Notes C ertifica tes B ills Total U, S., Government s e cu r itie s, d irect and guarantee? Total b i l l s and secu rities Due from foreign banks F. R, notes of other banks Uncollected items Bank premises Other assets TOTiiL AbbETbi 71,957 333,931 20,1475,152 ■214,230 •— + £'¿4,230 + 1477,1427 + 59,015 32,267 — 336,11+5 4 - 20,560 6,710 + 139 - 13,9614 1 , 21*1 6,710 11,6 0 7 1,596 1,1475,31+3 725 J4OO 1 , 091,700 5,026,833 «»m* — — +151,993 171,533 14,705 + 763,8142 ♦i-ij,337,81+3 6,317,336' +151,990 +4,,930,1+147 8,353,253 127 +153 , 56? ,91+8,170 30 7 62,370 232 1,521,120 33,632 62,91+7 - 91.581+ + 1 + 637 + + + 30 , 513,601 + 39,159 +5,,053,562 11+, .522,3914 + 39,563 ,681,61*2 12,1+55,801+ 295,1+66 1 , 272 , 1)41 379,151+ 114, 1+02 , 565 +119,726 -102,113 + 25,196 - 214,120 1,156,033 - 69,205 _ 252,81*1 + 121,1489 + 303.523 63,687 + 133,1*314 + 139.1*38 5,51+6 30 , 036 , 51+3 22]* 35,661 397,6814 1,769 114,381 L I A B I L I T I E S F* R. notes in actual circu la tio n Depositsi Member bank-reserve account U. S, Treasurer-general account Foreign Other Total deposits +5. 1,715 0 C P I T L ACCOUNTS Capital paid in Surplus (S ection 7) Surplus (Section 13b) Other capital accounts TOTaL LIABILITIES AND Ca ?IT,iL ACCOUNTS Ratio of tota l reserves to deposit and F.R. note li a b i l i t i e s combined Commitments to make industrial advances + 30,323 + £ CVJ I— < 1—1 Deferred a v a ila b ility items Other l i a b i lit ie s including accrued dividends TOTAL LIABILITIES + 13,6314 a 11*9,022 160,1411 26,329 30 , iy 6 30 , 513,601 + 233 * 39,159 + 3,836 = 2,909 1+3. 1*0, ¿4I4O +5,,058,562 + -« + 70 . 3% 11,979 U3 ...... •h% 1143 - 15.7% 5,130 Fora F. R. 283b STATEMENT OF CONDITION OF THE FI2DERAL RESERVE BANKS ON AUGUST 11, lgl+5 (In thousands o f d o lla r s ) A s S Hi T 3 Cleve. Chicago St.Louis Total Minn. nuns. Cy# Dallas San Fran. Phila, Rich. Atlanta Boston Nov; York Gold c e r t ific a te s on hand and due from U.S. Treasury 20, 069, 211+ 1250,955 b , 31+6,601 121+0,635 l,796,li7l+ 11514,518 993,059 5,71*2,550 679,855 hlb, 555 3I42, 10*4 621;, O6O 2, 1; 11,090 Redemption fund - F.k.noti 33 20,1401 88? 156 20,1469 521* 1;,026 5,613 792 6,731 790 5,11*1* 6,569 71,957 Other cash 29,925 16,118 25,1400 8,563 12,917 16,790 1+0,2314 333,981 23,257 • 814,753 2 5 ,-75 3 ,7 l5 58,575 Total reserves 20,1+75,152 l28l+,356 U,951,303 1279,853 1,821,139 1191,022 1021,198 3,705,701 715,175 ¿485,277 859,0114 655,127 2,U55,U89 B ills discounted: Secured by U.S. Gov't ob liga tion s, d ire ct and guaranteed — — — I48O 150 100 6,000 50 230 211,230 ¿+05 3,330 7,905 ---Other b i l l s discounted — — — — — — — — — — Total b i l l s discounted 21;, 230 6,000 ¿4,679 575 255 122,067 59,855 90,526 252,756 173,231 814,961; 123,220 19^ 0l+9 96,¿425 1;7,279 71,5^9 115.196 86,722 ¿42,522 614,170 90 ,57 i 525,002 580,511; 330,2J;7 205,785 1 , 0914,796 557,536 581,659 551,102 28*4,058 l,09l;,800 15 2,560 35,555 U,672 ¿4,565 15 2, ¿461 170,802 ¿4,261 8,111 6 6,200 109. 1+19 2.97U 3,976 Industrial advances 1,1; 61+ 11,687 159 U. S. Government s e cu r itie s , d ire ct and guaranteed: Bonds 257,352 1.Ü75.5U8 119,263 Riotes 126,1+21 58,1*73 723, 1*00 C e rtifica tes 88,21+9 1 , 091,700 190,785 B ills 5,026,888 11+0, 51*6 2,85^,106 Total U.S. Govf t s e cu r itie s , d ire ct and guaranteed 3,317,336 1406,536 3 »U29,iitU 8,353,253 It114,000 5,1*53,155 Due from foreign banks r’.R. notes o f other banks In co lle cted items Bank premises Other assets 127 62,370 1 , 521,120 38,632 62,9147 3 1,61+3 1I+Ì4., 650 2,689 14,1460 TOTa L ASSETS 1/ 1+6 9,555 292, 1+01+ 9,695 12,106 150 ¿480 7,905 Total b i l l s and secu rities — — 1*35 660 8,850 5 6,571 95,132 1,671 5,3314 ¿4 100 230 U5 50 50 18 50, 2i;9 214,653 57,185 65,605 72,355 55,715 55,091* 85,051 7l*,712 36,655 55,285 76,832 169,957 33,551* 125,765 2l;3,266 370,312 177,675 2Ì45.1495 2145,512 622,320 —i-- 370,1462 177,720 2U5,625 21*5,580 626,550 2 1,815 29,705 1,292 2,218 1* 1; 2,229 7, ¿*1*9 77,087 51,299 1,002 2,761 5,056 5,155 11 1 1,1 5 6 191,593 2,61+8 6,820 — 148,160 205,81+7 25,6114 99,951 55,658 150,853 6I4O,16O 270,900 17 6,71*1* 212,961 2,0814 8,717 — 3 ¿4,302 60,860 2,005 2,297 U.ooo 30,513,601 1851,812 3,713,322 l9lù,l+02 2, 50S. ¿+.1+6 i6l4l+,779 ll411,81+9 5,109,321; 1161,180 696,027 ll9l+,99k 93h,39b 5 , 292,072 l / A fte r deducting $81,000 p a r tic ip a tio n s o f other Federal Reserve Banks.
@FedFRASER