View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Released f o r publication

STATEMENT FOB E E PRESS

^

u

CONDITIO!" OF FEDERAL RESERVE BANKS

mmwwmsL
Increase or decrease
since
Aug. 20
Aug. 13
Aug. 21
1930
1930
1929
(In millions of d o l l a r s )
B i l l s discounted
B i l l s bought
United S t a t e s s e c u r i t i e s
Other reserve tank c r e d i t

196
159
602
29

5
5
4
2

-790
+ 27
+4 5 3
- 13

986
M93
1,7 SS

+ 4
+ 4
+ 1

-323
+139
+ 5

Money in c i r c u l a t i o n
4,442
Member tank reserve balances
2,4i4
Unexpended c a p i t a l funds,nonaiembcr d e p o s i t s , e t c . 4 l l

+ 5
+14
-10

-304
+122
+ 1

TOTAL RESERVE BANK CREDIT
Monetary gold stock
Treasury currency adjusted

W.




+
+
-

Released f o r p u b l i c a t i o n Friday morning, August 22,1930; not e a r l i e r .

S t . 6693a

RESOURCES JU!JD LIABILITIES
OP THE T13ELVE FEDERAL RESERVE BALKS COMB HIED
(In thousands of d o l l a r s )

/

20,1930. Aug. 13.1930 Aug. 21. 1929
RESOURCES
Gold with Federal reserve agents . . . .
Gold redemption fund with U.S. Treasury
Gold held e x c l u s i v e l y a g a i n s t F.R.notes
Gold settlement fund with F.R. Board . .
Gold and gold c e r t i f i c a t e s h e l d "by "banks

1,537,714
35,819
1,573,533
558,821
so

Total gold r e s e r v e s
Reserves other than gold . . . . . . . .

2,938-^997x^2,945,300
lSsroQ^naB 169,702
3,107,057
3,115,002
67,042
66,856
63,876
62,209

Total reserves . . . .
ITon-reserve cash
B i l l s discounted:
Secured oy U.S.Government o b l i g a t i o n s
Other b i l l s discounted . . . . . . . .
Total b i l l s discounted . . . .
B i l l s bought i n open market
U. S. Government s e c u r i t i e s :
Bonds
Treasury notes
C e r t i f i c a t e s and b i l l s . . . . . . ]
Total U.S. Government s e c u r i t i e s .
Other s e c u r i t i e s
Total b i l l s and s e c u r i t i e s
Dae from f o r e i g n banks
Uncollected items
F. R. notes of other banks
Bank premises
All other resources . . . .

. . .
! !

TOTAL RESOURCES

132,303

196,179
158,922
75,682
304,678
221,580
601,940
7,922

1,546,714
36,352

1,583,066
551,212
811.022

128,306

190,515
154,32s
59,608
291,617
255,112
606,337
8,472
959,652

1,561,563
67,745
1,629,308
716,863
608,017
2,954,188
188,626
3,l42,8l4
58,782
448,120
538,258
986,378
132,137
42,693
90,943
14,971

148,607

964,963
702
548,4o4
18,527
59,606
16,548

579.632
19,639
59,585
15,617

15,950
1,283,072
724
680,191
32,318
58,818
10,484

4,782,849

4,816,686

5,267,203

1,323,708

1,332,991

1,822,853

2,413,559
30,093
5,563
19,852

2,399,616
29,563
8,I49

,292,032

2,469,067

2,463,778
558,011

18,468
7,142
19,531
2,337,173
654,838

276,936
15,201

31,724

703

L I AB I L I TIES
F. R. notes i n a c t u a l c i r c u l a t i o n . . .
Deposits:
Member bank - reserve account . . . .
Government
Foreign bank
* '
Other deposits . . . . . . . .
Total d e p o s i t s
Deferred a v a i l a b i l i t y items
Capital paid in
Surplus
' *
A l l other l i a b i l i t i e s . . . . ! '
TOTAL LIABILITIES . . . .

528,326
169,783
276,936
15,029

26,450

169,769

166,217
254,39s

4,782,849

4,816,686

Ratio of t o t a l r e s e r v e s to deposit .and
F. R. note l i a b i l i t i e s combined . . .

81. c

82. (

75.5%

Contingent l i a b i l i t y on b i l l s purchased
f o r f o r e i g n correspondents

478,315

480,094

442,66s




5,267,203

RESOURCES

RESOURCES AITD LIABILITIES OF THE FEDERAL RESERVE BAMS ON AUGUST 20, 1930
( i n thousands of d o l l a r s )
Total

Boston

1,537,714 164,917

Gold with f e d e r a l r e s e r v e agents
35,519 lot/870
Gold redemption fund with U.S.Treasury
Gold h e l d ATCliisivel% against
^
^
T. R. notes
1,573,533 165,787
Gold s e t t l e m e n t fund wi*feh E. R. Board
552,321/ 17,527
f
Gold and gold c e r t i f . h e l d "by hanks
—
H
0 nX
7
2^73T7
Total gold reserves
?t212,397
? >Q
ij>&,oG©13,026
Reserves other than gold
3,107,057 225,423
Total r e s e r v e s
Non-reserve cash
B i l l s discounted:
Secured "by U.S.Govt, o b l i g a t i o n s
Other "bills discounted
Total b i l l s discounted
B i l l s "bought i n open market
XJ. S. Government s e c u r i t i e s :
Bonds
Treasury notes
C e r t i f i c a t e s and b i l l s
Total U.S. Govt, s e c u r i t i e s
Other s e c u r i t i e s
Total b i l l s and s e c u r i t i e s
Dae from f o r e i g n banks
Uncollected items
F . , R . notes of other banks
Bank premises
A l l other resources
TOTAL RESOURCES



67,042

5,794

63,876
132,303
196,179
158,922

7,227
5,596
12,823

75,682
304,678

3,863
20,563
21,751

221,580

18,349

601,940 46,177
7,922 1,000
964,963
702
548,4o4
18,527
59.606
16,54s

78,349
52
58,228
231
3,579
103

Hew York P h i l a .

Clevs.

25.8,59% 140,000 200,550
14,588 2,245 1,861
273,182 142,245 202,411

kf

7

S t . 6693b

a

% "SE iW ?i i:°i 6'.
UiFa 5

102,317 195,329 66,75^, >*.701 76,5a a,8^7 220,93>t
9,009 5,552 122,150 17,pis/ 12,931 27,930 15,537 39.^77

61,471

#sa#§a###a
171,370

47,345

71,635

17,348

4,217

4,483

L710 116.26]

500,064 32,336 55,788

16,774
15,260
32,034
37,203

15,445

109,291

63,010

1S7.7H6

4,951
843
7,993 5,535
9.136
29,183
7,468 5,803 17,936
i6,6o4 13,796 23,521 30^026
103

15,150

4,270

8,867

9,417

10,100 \ 4,325
7,163

3,067

15,509

16,870

8.346 13,803

21,704

8,355

1,675

<•11

497

3,923

4,420
6,698

1,714 1,606 2,271
7,249 12,379 5,357
8,963 13,985 7,628
6,574 16,873
9,629

5,944 1,494 9,498 2,550
1,098 24,531 i,76i 11,360 l4,oo4 11,059 21,679
7,820
7,821 28,522 15,905 &.67S 13,238 8.672 14.780
24,587 32,067
24,320 22.131 Q,b68 3,9)7 28,165 6,233
52,252 57^56 16,983 12,856 81,218 23.899 25.979 28^736 29^29 39,009
3,345

5,900

1,000

228

69

3,658

2,495

47,32s 49,788 63,510
-262,883 69,959 86,802 49,371 52,299 118,431 49,124 37,119
a
a
49

142,269 49,094
4,552

15,664
8,666

466

2,6I4
231

iilMi

30,592 19,739
2.192
352
3,972
1,876

. 241

sos

29,377
2,05s

4,846
3o4

4,782,8X9 371,759 1,%W62 358.365 *,6,763 188,085 208,315 669 M 190,090 120,132 a*,653 128,870 W.H52

LIABILI TIES
F.R. notes in actual c i r c u l a t i o n
Deposits:
Member "bank - reserve account
Government
Foreign bank
Other deposits
Total deposits

Deferred a v a i l a b i l i t y items
Capital paid in
Surplus
All other l i a b i l i t i e s
TOTAL LIABILITIES
Reserve r a t i o (per cent)
Contingent l i a b i l i t y on b i l l s p u r chased f o r foreign correspondents
Federal reserve notes:
Issued to F.R.bank by F.R.agent
Held by •Federal reserve bank
In a c t u a l c i r c u l a t i o n
C o l l a t e r a l held by agent as s e c u r i t y f o r notes issued to bank:
Gold and gold c e r t i f i c a t e s
Gold fund - F. R. Board
E l i g i b l e paper
Total c o l l a t e r a l

B i l l s discounted
B i l l s bought in open market
C e r t i f i c a t e s and b i l l s
Municipal warrants



RESOURCES MD LIABILITIES OF THE FEDERAL RESERVE HAnnrs CU AUGUST 20, 1930
(In thousands of dollars)
s t . 6693c
Total Boston Hew York Fhila. Cleve.
Rich. Atlanta Chicago St.Lpuis Minn. Kans.Cy. Dallas San Fran.•
if323,70S 133,1*40 157,237 124,169 185,629 61,980 113,335 172,299 66,678 48,890 69,296 33,276 157,779

2,413,559
30,093
5,563
19,852
2,469,067
528,326
169,783
276,936
15,029

1^5,992 988,078 l43.H0 205,587 64,236 60,161 356,477 76,902 48,910
1,002
3,038 1,297 2,l4l 4,474
810 7,628 3,318
849
402
1,921
526
543
228
195
727
195
71
8,39%
49 1,388
87
272
202_
572
1U7
147,467 1,001,431 11*4,982 209,659 69,025 61,438 365,404 80,617 50,031
57,534 132,704 45,016 55,216 37,984 15,206 69,354 25,285 10,119
11,806
65,579 16,783 15,948 5,812 5,365 20,115 5,267 3,o64
21,751
80,001 26,965 29,141 12,496 10,857 40,094 10,877 7,143
61
5,010
450
450 1,170
788
2,114
2,137 1,366
885
4,782,849* 371,759 1,441,962 358,365 496,763 188,085 208,315 669,1403 190,090 120,132
81.9
80.3
85.5
86.1
85.5
68.5
73.7
85.0
67.8
73.1
478,315 35,548

58,795 176,564
2,622 1,086 1,828
163
163
375
1,287
26 7,357
92,819 60,070 186,124
28,860 a, 518 29,530
4,316 4,358 11,370
9,162 8,935 19,514
200
713
135
204,653 128,870 4o4,452
73.0
87.0
57.5
155,976 46,597 48,038 20,176 17,294 64,372 17,294 11,049 i4,4i2 14,412 33,147
88,747

FEDERAL RESERVE NOTE STATEMENT

1,716,691 171,049 267,296 148,670 224,676 81,227 138,724 200,058 81,940 53,807
392,983 37,909 110,059 24,501 39,047 19,247 25,389 27,759 15,262 4,917
1,323,708 133,i4o 157,237 124,169 185,629 61,980 113,335 172,299 66,678 48,890
402,908
1,134,806
338,948
1,876,662
-

35,300
129,617
31,093
196,010

229,968
28,626
56,794
315,388

39,900
100,100
15,485
155,485
—

15,550 5,000 7,100 8,945
185,000 55,000 93,100 194,000 56,100
27.556 32,007 39,348 37,o4l 25,149
228,106 92,007 139,548 231,o4i 90,194
— :

:

^

V

39,504 229,570
10,874 6,228 71,791
69,296 33,276 157,779

80,170

11,845
i4joo 35,ooo
32,000
75,000 6,500 179,763
n,o42
13,537 20,508 . 24,388
54,887 , 93,537 4i,308 239,151
—

: c--Tij<DO

MATURITY DISTRIBUTION OF BILLS JED SHORT TERM SECURITIES
Total
Within 15 days
196,179
108,988
158,922
41,413
221,580
45
22

16 to 30 days
17,726
33,015
54,172

31 to 60 days

6l to 90 days

37,689

24,259
',425
7,425
-,a4

76,634

91 days to
6 months
7,402
7,402

435

8-1,570
22

Over 6 months

115
79,579