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Form F. R. 283
STATEMENT FOR TPE PRESS
Reloaded for publication
Friday morning, August 22j
not earlier.

Board of Governors
of the Federal Reserve System
August 21, lÇ-iU

CONDITION OF THE FEDERAL RESERVE B:\NKS
During the week ended August 20 member bank reserve Lalaneos increased
$69,000,000« Additions to member bank reserves arose from u decrease of
$13^4»000,CCC in Treasury deposits with Federal Reserve Banks and from in­
creases of $25*000,000 in Reserve Ba.nl: credit, $7*000,000 in gold stock and
$6 ,000,000 in Treasury currency, offset in part by increases of $ 40,CCC,COO
in money in circulation, $17,CC0,CCC in nonmember deposits and other Federal
Reserve accounts, and $l6,CCC,0fC in Treasury cash« Exccss reserves of
member bonks on August 20 wore estimated to be approximately §5,060,000,000,
an increase of §
30,000,000 for the week*
Changes in member bank reserve balances and related items during the
week and the year ended August 20, 19U1, were as follows:

Increase or decrease
sinc e
Aug. 20, Aug. 13 ,

19U

19U

21,
IvUc

Aur.

(In millions of dollars )
Bills discounted
U. S# Government direct obligations
U* S. Government guaranteed obligations
Industrial advances (not including 13 million
commitments - August 2C)
Other Reserve Bank credit

8

•2,17 9

5

10
70

Total Reserve Bank crcdit
Gold stock
Treasury currency

2,272
22,71c

Member bank reserve balances
Money in circulation
Treasury cash
Treasury deposits with F # R# Banks
Nonmember deposits and other F# R# accounts

13,037




3,170

9,Oi+o
2,377
785

2,120

•»

2

5

—

-

- -

•

+
+

1
26

+

260
2
1
35

+ 25
+ 7

220
+1,910

+ 09

302
+i,e6ii+ 86

+ 6
+ kB

+ 16
-13k
+ 17

+ li(C

10k
+ 373
-

Fora F. R, 2S>*a
Released for publication Friday morning, August 22,194-1; not earlier#
STATEMENT OF CONDITION
OF THE TWELVE FEDERAL RESERVE BARKS COMBINED
(in thousands of dollars)
Increase or decrease
since
Aug. 21,
Aug. 20,
Aug* 13?
1940
1941
1941
ASSETS
Gold certificates on hand and
20,299.532
+1,812,554
997
due from U. S. Treasury
+
¿4-*1+03
420
16,229
Redemption fund - F. R. notes
5,31+5
Other cash
79
, 1+17
271*639
20,59^,40?
Total reserves
- 6,770
+1,737,51+0
Bills discounted*
Secured by U. S. Gov’
t obligations,
+
1,068
2,187
- 3,275
direct and guaranteed
+
1,602
6,102
U, 163
Other bills discounted
+
Total bills discounted
8,289
- 1,673
5,231
+
Industrial advances
9,506
+ 316
1,025
U* S. Government securities9
direct and guaranteed*
-Bonds
l+l+,6cl+
1,363,800
Notes
- 306,1+32
—
820,300
Total U, S.Government securities,
direct and guaranteed
—
2,184,100
261,828
Total bills and securities
Due from foreign banks
F. R. notes of other banks
Uncollected items
Bank premises
Other assets
TOTAL

ASSETS

L I A B I L I T I E S
F. R. notes in actual circulation
Deposits*
Member bank - reserve account
U. S. Treasurer - General account
Foreign
Other deposits
Total deposits
Deferred availability items
Other liabilities including
accrued dividends
TOTAL LIABILITIES
C A P I T A L AC C0.UNTS
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
Ratio of total reserves to deposit and
F. R. note liabilities combined
Commitments to make industrial advances




• 255,572

33,305

908,793
40,667
49,359

- 1,357
—
+1,838
-14,005
+ 211
+ 1+61

+ 13,261+
+ 327,1+71+
728
9,967

23,90l+, 5b6

-19,7C£

n,, 812; Oil

6,952,605

+l<6,19l+

+l,6l£,666

13,037,470
785,3144
1,2C2,C72
631, 83c

+89,7l46
-13l+, 081
+ 8,566
+10,165

15,657,516
918,0U5

- 25, 6ol+
-39,932

- 381,21+8
- 103,930
239,9141+
+ 109,233
«» 136,001
+ 292,299

2,931
23,531,&97

300

2,201,975
47

11+0,868
157,065
26,785
1+7,931
23,90l+, 5I46

91»1%
13,078

-19,6142
65
«...
+
5
- 19,702
- .l%
+
20

35
+1,798,999
+
+
+

3,306
5,3l+5
5l+
4,1+15
+1.,812,011

+
+

1.8^
4,837

Form F.R. 2S-3“
b
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BARKS OH AUGUST 20, 1941
(in thousands of dollars)
ASSETS
Total

Boston

New York

Phila,

deve.

Rich. Atlanta Chicago St.Louis Minn. Kans.Cy.Dallas San Fran.

Gold certificates on hand and
due from U. S.Treasury
20,299,532 1,169,938 8,564,933 1 ,299,629 1 ,603,922 707,191 486,914 3 ,334,194 542,754 350,402 484,822 330,564 1,424,269
1,898
Redemption fluid - F.R. notes
586
508
1,181
548
1,378
4,978
16,229
754949
571
1,155
1,723
Other cash
65,161
20,725
17,234 15,594 22,029
30,688
17,923
39,237 17,052 4,965 12,234 11,797
274,639
Total reserves
20,590,400 1,195,641 8,631,249 1,313,733 1,621,74? 724,683 509,491 3,374,809 560,755 355,938 497,564 345,115 1,456,680
Bills discountedi
Secured by U. S. Gov*t obligations,
-direct and guaranteed
—
10
1,420
100
20
2,187
130
47
195
175
75
■
15
6,102
—
Other bills discounted
22
—
98
—
16
38
46>
50
10
407
5,415
Total bills discounted
8,289
Industrial advances
9,586
U. S. Government securities 9
direct and guaranteed*
1,363,800
Bonds
820,300
Notes
Total U. S. GovH securities»
direct and guaranteed
2,184,100
Total bills and securities
Due from foreign banks
F. R. notes of other banks
Uncollected items
Bank premises
Other assets
TOTAL

ASSETS




2,201,975
47
33,305
980,793
40,667
49,359

10

1,297

6,835
1,184

211
3,676

99,286
59.719

384,113
231,036

159,005
160,312
sz
1,131
102,876
2,801
3,354

122

175
819

58
166

107,301
64,541

141,395 74,720
85,348 44,943

615,149
623,168
18
2,311
234,610
10,280
13,161

537
333

10
168

57,484
34,577

166,999 65,886 38,477 66,280 53,594
100,446 39,630 23,144 39,864 32,235

107,765
64,817

171,842

227,243 119,663 92,061

267, ¿»45 105,516 61,621 106,141+ 85,829

172,582

175,729
5
1,927
73,413
4,837
4,177

227,702 120,657 92,285
2
2
4
2,314 9,813 2,534
113,504 79,367 36,1^42
4,488 2,743
1,966
2,070
5,546 2,947

267,341 105,613 62,257 106,952 86,699
6
1 #
l
1
750
2,665 2,000
7 89 3,079
14-0,426 49,363 27,011 41,090 33,932
3,oo.i 2,298 1,350 2,932
1,174
5,776 2,304 1,431 2,332
1,977

172,760

337

396

97
«...

173
463

61
747

4
3,992
57,059
2,797
4,282

23,904,546 1,1)66,118 9,514,797 1,578,821 1 ,975,302 940,212 644,490 3,794,524 722,334 448,77o 653,950 ^67,648 1,697,574
♦Less than $5^0

Form F. ri, 2S>-c

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS OH AUGUST 20, 1941
(In thousands of dollars)

L I A B I L I T I E S
Total
F. R. notes in actual cir­
culation
6,952*605
Deposits*
Member bank—reserve acct. 13,037,1470
U.S.Treasurer-General acct. 785,31-44
Foreign
1,202,872
Other deposits
631,830
Total deposits
15,657,516
Deferred availability items 918,845
Other liabilities including
accrued dividends
2,931

Boston

New York

Phila,

Cleve.

Rich. Atlanta Chicago St.Louis Minn. !Kans.Cy. Dallas San Fran.

578,592 1,,820,200

484,632

660,438

337,686.229,554 1,486,813 256,705 175,567 233,093 109,608

577,717

650,391 6,113,003
55,236 269,506
54,202 470,073
11,306 509,995

787,523
60,979
114,872
23,070

968,545
67,985
108,950
27,108

416,263.284,867 1,892,612 327,620 165,902 296,743 2142,117
78,760 31,337 43,334 36,543 36,497
37,351 33,049
50,922 4i ,448 142,109 35,527 26,053 34,343 34,3434,832
8,0146
5,001 7,622
5,889 2,311
l,6o4

891,884
3^,767
90,030
2i+,986

,.771,135 7,362,577
90, ¿«69 202,649
319

696

986,1444 1,172,586
72,954 107,573
258

275

TOTAL LIABILITIES
23,531,897 1,440,515 9»,386,122 1,544,288 1,940,874
C API T A L A C C O U N T S
Capital paid in
1140,868
14,526
51,691
11,913
9,351
Surplus (Section 7)
157,065
10,906
15,144
56,447
14,323
Surplus (Section 13b)
26,785
7,070
2,874
1,007
4,393
Other capital accounts
14-7,931
2,14-72
4,572
3,083
13,467

509,368 367,410 2 ,118,482 402,106 241,178 369,940 314,621 1 ,041,667
76,812 33,791
141,152 49,565 22,226 39,1485 31,826
50,343
304

89

372

114

102

135

133

134

924,170 630,844 3 ,7146,819 710,490 439,073 6142,653 456,188 1,669,861
5,537
5,247
3,2l<4
2,014

4,838
5,725
713
2,370

15,069
22,824
1,429
8,383

4,348
4,925
533
2,038

3,002
3,152
1,000
2,549

4,545
3,613
1,138
2,001

4,285
3,974
1,263
1,938

11,763
10,785
2,121
3,044

TOTAL LIABILITIES AND
940,212 644,490 3,794,524 722,334 1448,776 653,950 ¿467,648 1,697,574
CAPITAL ACCOUNTS
23,904» 5*46 1,,¿466,110 9,514,797 1,578,821 1,975,302
Commitments to make industrial
252
advances
13,078
2,111
672
105
706
1,267
3,530
1,214
1,524
769
899
29
MATURITY DISTRIBUTION OF BILLS AND SECURITIES
Over
1 Year
2 Years to
61 to
91 days to 6 months
Within
16 to
31 to
to
2
Years
5
Years
5
Years
6 months
to 1 Year
30 days 60 days 90 days
Total 15 days
——
«...
Bills discounted
8,289
5.562
721
104
1,343
559
Industrial advances
9 ,586
360
256
866
2,209
1,531
1,141
1 ,550
1,673
U. S. Government securities9
——
• —
direct and guaranteed
2,1014-,100
—
43,000
84,800
238,700
584,000 1,233,oOO



•mwm

Porn F. R. 283-d

FEDEEAL RESERVE HOTE STATEMENT OK AUGUST 20, 1941
(ln thousands of dollars)
Total
Federal Reserve notes I
Issued tc F.R. Bank by F.R.Agent
Held by Federal Reserve Bank
In actual circulation

Boston New York

Phila.

Cleve,

Rieh. Atlanta

Chicago St.Louis Minn, Kans.Cy. Dallas San Fran.

,
,
,
7.300,458 605.238 1,905.427 501,397 687,115 359.270 257,208 1,523.549 277,273 160,013 243,916 121,107 636,065
347,053 26,646
85,227 16,765 26,677 21,584 27,654
36,736 18,56c 5.2^16 10,0^3 11.579 oO,34&

6,952,605 578,592 1,820,200 484,632 660,430 337.606 229,554 1,486,013 258,705 175.567 233,093 109,600 577.717

Collateral held by agent as se­
curity for notes issued to bank*
Gold certificates on hand and
due froa U.S.Treasury
Eligible paper

Total collateral




7,430,000 615,000 1,920,000 510,000 690,000 305,000 265,000 1,540,000 289,000 104,000 245.000 128,000 659.000
7,513
10
6,836
211
—
175
—
~
47
173
61

7.437.513 615.010 1,926,036 510,211 690,000 385,175 265,coc 1 , 54c,coo 289,047 104,173 245.061 128,oco 659.00C