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Form F. R. 283
STATEMENT FOR THE PRESS

Board o f Governors
o f the Federal Reserve System
August 2\\, I 9I4I4

Released fo r publication
Friday morning, August 25;
not e a rlie r.

CONDITION OF THE FEDERAL RESERVE BANKS
During the week ended August 23 member bank reserve balances decreased
$13,000,000. Reductions in member bank reserves arose from increases o f
$232,000,000 in Treasury deposits with Federal Reserve Banks,' $59,000,000 in
Treasury cash and $27,000,000 in money in circu la tio n , and a decrease o f
$51,000,000 in gold stock, o ffs e t in part by increases o f $317,000,000 in Reserve
Bank cred it and $3,000,000 in Treasury currency and a decrease o f $36,000,000
in nonmember deposits and other Federal Reserve accounts. Excess reserves o f
member banks on August 23 were- estimated to be approximately $900,000,000.
There was an increase o f $361,000,000 in holdings o f United States Govern­
ment se cu ritie s : b i l l s increased $398,OCX),000, while bonds decreased $22,000,000
and notes $ 1 5 , 000 , 000 ,
Changes in member bank reserve balances and related items during the
week and the year ended August 2 3 , I9I+I4» were as follow s:

Increase or decrease
since
Aug. 2 3 ,
I9bh

Aug. 16,
I9hh

Aug. 2 5 ,
19^5

(In m illions o f d olla rs)
U, S, Govt, secu rities ( i n c l , guar, s e c .)
Loans, discounts and advances
Other Reserve Bank cred it

15, 592
117
290

+ 361
+
5ll
97

+6,815
+
65
18

Total Reserve Bank credit
Gold stock
Treasury currency

15,999
20,91+7
•i+,112

+
-

- 1 , 3 1 + 5

Member bank reserve balances
Money in c ircu la tio n
Treasury cash
Treasury deposits with F, R, Banks
Nonmember dep osits and other’ F. R. accounts

12 ,9 2 2
2 3 , oIt-7
2,14Oli
5I+9
2,136

+
+
+
-




317
51
3

13
27
59
232
36

+ 6 , 8 6 2

+

lit

+ 22o
+14,71+1+
+ 122
+ 2I45
+ 200

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BAMS. ON AUGUST-23, I9I4
I4
(I n thousands o f d o lla r s )
Boston New York
P h il« ,
C leve.
R ich. A tlanta Chicagb St.L òuis
Minn. Kan s . Cjr.

Form P. R. 283c

Total
L I A B I L I T I E S
Dallas San Fran.
Federal Reserve notes
19,521,287 1265,787 1*351,079.l 295, 3l*0 1728,778 12714,655 1118,256 36ll+,6lo 816,655 ¿+30,880 718,932 ¿+79*596 21+26,719
Deposits:
Member bank-reserve a cct. 12,921,515 625,056 1+205,613 61+1,273 1012,871+ 525,1+77 533,091 191*5,526 . ¿+59,881 282,123 6ll+,058 555*181 1521,362
U.S.Treasurer-general acct * 51+8,723 *29, 11*8 161,636
61,002
1*1,767 27,195
2^,808
3 5,01*2
50,730
20, 671+ 3U,206
19*981
¿*2,531*
Foreign
96,957 2/531,770 126,088 121,977
5I+,821
1*3,856 169*91+5 1*2,1*86 30,152
39,71*5
39 *71+5 107,002
i,l+ol*,5l*l+
Other
2,750
1+,201
9,836
1,817
2,967
¿+,760 279,812
6,885
6,739
1*617
3,091
37,318
361,793
Total deposits
,236,575 755,921 5178,831 809,288 1192,320 602,589 613,903 2180,671* 553,970 31*1,287 681,578 617,998 1708,216
Deferred a v a ila b ilit y items
,310,168
95,101 .261,111*
56,051 26,717 80,328 . 1*9,303 135, 91+7
86,958 11+5*351 101,196
7I+, 781* 197,318
Other l i a b i l i t i e s including
accrued dividends
279 8,522
1,229
801*
672
708
270
2,328
81*8
310
235
235
551+
TOTAL LIABILITIES
076,552 2117,613 9793*352 2192, 1Ù0 3067,157 1978,750 1807,791 5993,831 11+26,91*6 799*119 11*81,117 111*7,182 1*2 71, 551+
Capital paid in
5,012
12,112
18,808
5,160
16,21*0
¿*,891* 3,1+62
13, 1+31*
159,1*37
58,157
6,396
5*751
9*951
Surpjus (S ection 7}
70,012
3,669
13*206
16,026
5,236
6,330
26,1*90
1+.831
188,097
n+,159
5,725
1*,55U
17,859
Surplus (S ection 13b)
2,129
7,092
1,000
530
3*290
¿+,¿+21
1,307
1,007
1,137
26,965
2,871*
1,1*29
71*9
Other ca p ita l accounts
5*230
20,331+
5,898
3,858
1**956
12,617
10,363
6,031
5,331*
3,753
87,137
¿+*319
l*,39l*
TOTAL LABILITIES AND
CAPITAL ACCOUNTS
538,188 211*8,600 991*8,91*7 2232, 1*30 3110,793 1999*703 1825,350 6053,235 11*1*2,1*53 811,569 11*96,362 1162,190 1+306,556
Commitments to make
in du strial loans
• **
-726
—
1*8
8
3,878
50
1*937
831*
275
F. R. notes outstanding
C olla tera l for F.R*notes
held by F. R. Agents:
Gold c e r t ific a te s
E lig ib le paper
U.S.Govt. s e cu ritie s

107,578 1305,161* 1+1*95,836 1327,976 1762,1+78 1302,1*58 1171,287 3668,760
819,000 716,000 2520,000
91**001*
53*770
1**505
51*8,512 . 600,000 2000,000

632,000
5,260
700,000

965,000
—
300,000

775,000
2,819
550,000

680,000 2510,000
—
—
500,000 1190,000

81*9,71*1* 1*37,1*21

739,733

511*277 2535,31*1*

375,000 216,000
—
21,1*20
573,512 225,000

1*00,000
6,230
350,000

256,000 1771+.000
—
—
260,000 800,000

1 to 2
years

2 to 5
years

MATURITY DISTRIBUTION OF LOftUS .AND SEC URITIES

Total
Discounts and advances
Industrial loans
U. S. Govt, secu rities
(in c l* guar* s e c .)



106,529
10,353
1 5 , 592, 306”

Within
15 days
83,,61*9
9,, 586
2 ,8 8 5 ,9 5 6

16 to
JO'days
35,880
8
1 , 678,253

31 to
60 days

61 to
90 ,days

5,950
22

135,050
9

3,581,197

2 , 883,213

9 I days to
<
6 months

6 months
to 1 year
—

558
61*6,930

—

69
2 , 097,961

—

70
17,800

1 / A fte r deducting'*’® ^ ' ^ ' ^ ^ a r t i c i p a t i o n s o f other Federal Reserve Banks.

31
915,002

Over
5 years
—
--

885,991+

Form F . R .

283a

R e le a s e d : f o r p u b l i c a t i o n

F r i d a y m o r n in g , A u g u st

25, 191*1* , n o t e a r l i e r

STATEMENT OF CONDITION
OF THE TWELVE FEDERAL RESERVE'BANKS COMBINED

(In thousands o f d olla rs)
Increase or decrease
since
Aug. 23,
.19U*

Aug. 25,
191*3

Aug. 16,
19UU -

A S S’ E T- SGold c e r tific a te s on hand and
due from U.S. Treasury
Redemption fund - F. R. notes
Other cash
Total reserves
Discounts and advances
Industrial loans
U. S. Govt, secu ritiest
B ills
C ertifica tes
Notes
Bonds
Total U. S.Govt, secu rities
( i n c l . guar, s e c.)
Tot^l loans and secu rities
Due from foreign banks
F.R, notes o f other banks
Uncollected items ,
Bank premises
Other assets ’
TOTAL ASSETS

18,336,365
iiUi, 323
■ 271, 772.

- 79,000
+ 27,287
+ 1,763

"1, *^09,851
+ 357,909
58,779

19, 052,1460

- 1*9,950

-1,1*00,721

106,529
.10,355

+ 53,190
+
23

+

9,81*3,919
3,331.990
1,093,771
1 , 272,626

+398,061
-- 15,1*00
- 21,800

+1*,378,556
+2, 275,290
+ 370,371
- 208,722

15,592,306

+360,861

+6,815,1*95

15,709,188 .
136
76,733
1,599 , 571
3^,607
65, J493

+1*11;, 071*
—
- 3,128
- 252, 29!;
■10 .
+
!;3

+6,880,222
+
9
+
lb, 655
+ 177,105
3,995
+
1,1*22

36,538,188

+108,735

+5, 668,697

19,521,287

+ 81,022

+1*, 810,991*

.12.,-921, 515
524-8,723
i,l*ol*,5l*l*
361,793
15,236,575
1, 310,168

- 13,227
■+231,71*0 •
- 35,771*
- 1,835
. +180., 90l*.
-155,037

+ 219, 1*00
+r 21*5,071*
:+: 17A,9ul
13,616

66,165
1,1*38

L I A B I L I T I E S
Federal Reserve notes
Deposits s
Member bank-reserve account.
U.S.Treasurer-general account
Foreign
Other
Total deposits
Deferred a v a ila b ilit y items
Other li a b i lit ie s including
accrued dividends
TOTAL LIABILITIES'

C- A P I T A L A CO 0 U N T S
Capital paid in
Surplus (Section- 7)
Surplus (Section 13b)
Other cap ita l accounts
TOTAL LIABILITIES AND CAPITAL ACCOUNTS

8,522
36,076,552
159,1*37
188,097
26,965
87,137
36538,188

R a tio o f t o t a l r e s e r v e s t o d e p o s i t .
and F. R, n o te l i a b i l i t i e s combined

Commitments to make industrial loans




3,878

+

811;

■+107,703

+ 625,799
+: 195, 1*09
+
2,637
+5,631*, 839

+

10

+

1,022

10,1*12
27,686
136
b, 376

+108,735

+5, 668,697

-

'-

•(S/o
82

+
+
+

15. 0^
8,051;

Form F. R. 28Jb
' STATEMENT OF CONDITION OF THE FEDERAL .RESERVE BANKS OH AUGUST 23,
(In thousands o f d o lla r s )

19!*!*

ASSETS
T otal
Gold c e r t i f i c a t e s on hand and
due from U .S .T r e a s u r y
18,336,365
Redemption fu n d -P .R * n o te s
1*1*1*, 323
Other cash
271,772
T o ta l r e s e r v e s
D is c o u n ts and advances
I n d u s t r i a l lo a n s
U. S # Govt, s e c u r i t i e s :
B ills
C e rtific a te s
Notes
Bonds

Boston Hew York

977,61*7 1*590,831
29, 1*91 103,699
67,1*89
18,639

19, 052, 1*60 1025,777 1*762,019

P h ila ..

C love.

R ic h .

983>587 1572,381 1083,133
5,260
1*,119

1*,300
350

2,819
I 7I*

566,381 3559,551*
256,133 711,033
82,836 229,951*
96,381 267,557

61*8,738
278,090
89*935
lo i*, 61*2

701,175
378,080
122,275
11*2,269

1*01,1*77
222,958
72,103
83,899

T o ta l U .S .G o v t. s e c u r i t i e s
( i n c l . guar* s e c . )
15,592,306 1001,731 1*768,098 1121,1*05 131*3,799
T o t a l lo a n s and
s e c u ritie s
Due from f o r e i g n banks
P .R .n o te s o f o th e r banks
U n c o ll e c t e d item s
Bank prem ises
Other a s s e t s
TOTAL ASSETS




9,81*3,919
3,381,990
1,093,771
1, 272,626

1*,505
1,523

C h icago S t .L o u is

Minn«- K a n s.C y.

927, 01*8 1508, 811* .101*5, 11*2 91*8,312 31*78,01*6 630,813 355,1*51*' ■719,719
35,320
1*0,278
25,180
60,076
28, 1*69 11, 1*1*5 : 17,333
29,71*2
21,219 •23,2.99 13,21*9
12,832
36, 691*
6, 220. ; 13,71*1*
21,175

53,770
89

106,529
10,353

A tla n ta

15, 709,188 1007,759 1*821,957 1130,781* 131*3,1*1*9
12
12
10
136
1/1*9
2,951
12", 170
2,708
1,581*
76,733
1,599.571 '’ 107,182 331,171 106/856 175,319
3,516
31*, 607
1,633
8,983
1*, 139
7,51*2
12,598
li»967
65,1*93
¿*,655

D a l l a s San Fran.

51*1*,003 2610,536
1*9,961
13*329
29,017
. 8,205

99Ì*.667-3571**816 672, 111* 373,119 ; 750,796 .565, 537 2689, 511*
1*,700

21

6, 1*30
25

37 5,692 1557,1*32
207,31*1* 376,555
67,058 121,782
78,023 11*1,696

392,321 226,395
163,291 100, 1*27
52,809 32, 1*31
61,1*1*5 37,792

328,598
176,1*93
57,080
66,1*13

730,1*1*2

723,117 2197,515

669,866 397,095

628, 581*: 530,562 11*25,092

783,1*35
6
6,102
H i*,513
2,887
1**627

730,899 2202,215 691,286

2,750
32

—

21, 1*20
—

1*
1*
■17
8,232
6,732
5,71*3
87,1*36- 256,993 67,961*
2,906 " 2 ; 039
1,628
8,006
3,981*
3,30-3

■75

500
1**020

271,185
152,601
1*9,3.5357,1*23

811*,921
358,985
116, lo o
135,086

--

-

397,116

635,039 530,637 11+29,612
11
1*
1*
3
6,223
3,020
2,910
18,308
159,622
31*,988
98,303 59,221*
•1,-261*
9l*o
1*979
■2,693
2,933
3,301*
7,510
2,059

36,538,188-211*8,600 991*8,91*7 2232,1*30 3110,793 1999,703 1825,350 6053,235 11*1*2,1*53 811*569 11*96,362 1162,190 1*306,556

1/

A f t e r d e d u c tin g $87,000

p a r t i c i p a t i o n s o f . o t h e r F e d e ra l R e s e r v e .B a n k s .