The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Form F. R, 283 STATEMENT FOR THE PRESS Released for publication Friday morning, Aug. 25J not earlier. Board of Governors of the Federal Reserve System August 2C, 1941 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended August 27 member bank reserve balances decreased $39,000,000. Reductions in member bank reserves arose from increases of $59,000,000 in money in circulation and SS,000,000 in nonmenber deposits and pther Federal Reserve accounts, offset in part by increases of $9,000,000 in Reserve Bank credit and $6,000,000 in gold stock and by a decrease of ¿13 ¡>000,000 in Treasury deposits with Federal Reserve Banks* Excess reserves of member banks on August 27 were estimated to be approximately $4,990,000,000, a decrease of C70p0CG,000 for the week. Changes in member baiil: reserve balances and related items during the week and the year ended August 27, 1941, were as follows» Increase or decrease since Aug. 27, 1941 Aug, 20« 1941 Aug. 28, 1940 (In millions of dollars) 10 2,179 5 + 2 — 1“ r'* 6 + - 256 2 10 77 — + 7 •f + Total Reserve Bank credit Gold stock Treasury currency 2,281 22,716 3,178 + 9 + 6 199 +x ,845 + 144 Llember bank reserve balances lioney in circulation Treasury cash Treasury deposits with F. P., Banks 1-ionuember deposits and other F. R, accounts 12,998 9,899 2,378 772 2,128 + + « + Bills discounted U. S. Government direct obligations U, S, Government guaranteed obligations Industrial, advances (not including 13 million commitments - August 27) Other Reserve Bank credit L,lTlf 39 59 1 13 O 1 51 •_ 518 +1,893 + 87 - 41 + 369 mm Form F. R. 283-a .Released for publication Friday morning, August 29,1941; not earlier. STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BJfiJKS COMBINED (in thousands of dollarsO Increase or decrease since Aug. 28, Aug. 20, Aug. 27, 1940 1941 1941 ASSETS Gold certificates on hand and due iron U. S. Treasury +1,737,554 20,299,532 + Redemption fund - F. R. notes 818 15,411 3,585 - ...73,685 + 66 Other dash 274,705 Total reserves 20,589,648 752. +1 ,657,454 Bills di scounted: Secured by U. S. Gov’ t obligations, direct and guaranteed + 220 1,178 + 2,407 Other bills discounted + + 1,871 _ 1*354 .. J7i2Z2 10,380 + Total bills discounted + 2,091 6,532 1,010 + Industrial advances 9,563 23 U. S.Government securities, direct and guarantcedi •— + 44,604 1,363,800 Bonds — - 302,158 820,300 Notes Total U.S. Government securities» — - 257,554 2,184,100 direct and guaranteed Total bills and securities Due from foreign banks F. R. notes of other banks Uncollected items Bank promises Other assets TOTAL ASSETS 2,068 — 930 34,365 26 861 - 2.50,012 — + 13,423 + 317,844 723 9,971 23,873,262 - 31,284 +1,738,015 7,006,926 + 54,321 +1,672,686 12,997,655 772,074 1,152,699 __ ^§9,9iil 15,612,351 877,919 + — - — + + - _____ 2zll 5 23,500,511. + 384 - 31,386 + _____31 +1,725,123 140,942 157,065 26,785 47,959 23,873,262 + 74 — — +____ 28 - 31,284 + 3,360 + 5,345 54 + 4,241 +1,738,015 - 1,6% + + - 4,69C 2,204,043 47 34,235 954,42S 40,641 50,220 + + — + L I A B I L I T I E S F. R. notes in actual circulation Deposits: I.Ienber bank - reserve account U. S. Treasurer — General account Foreign Other deposits Total de-posits Deferred availability items Other liabilities including accrued dividends TOTAL LIABILITIES C A P I T A L ACCOUI i T S Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AIJD CAPITAL ACCOUIITS Ratio of total reserves to deposit and F. R. note liabilities combined Commitments to make industrial advances 91.0& 12,928 39,815 13..270 50',173 58,093 45,165 40,926 .1% 150 518,343 41,020 162,039 182,835 214,489 + 266,895 Form if. E. 283-b STATEMENT OF CONDITICI! OF THE FEDERAL RESERVE BANKS Oïl AUGUST 27, 1941 (In thousands of dollars) ASSETS Total Boston New York Phila. Cleve. Rich, Atlanta Chicago St,Louis Minn, Kans.Cy, Dallas San Fran, Gold certificates on hand and due from U. S. Treasury 20 >299,532 1,149,147 8 ,560,200 1,298,225 1,617,792 712,004 480,640 3 ,369,114 546,486 348,845 469,592 329,429 1,418,058 Redemption fund - F.R.notes 15,411 1,021 566 937 1,322 1,125 519 530 1,496 497 747 4,943 1,708 Other cash 23,596 65,4-86 274,705 18,350 11,786 23,603 39,764 15,556 5,315 12,635 11,515 17,365 29,734 Total reserves 20.589,648 1 „177,686 8,626,707 1,316,715 1 ,636,672.725,286 504,762 3,410,200 562,979 354,726 482,724 341,691 1,449,500 Bills discounted» Secured by U. S. Gov 11 oblig..itions, — direct and guaranteed 20 78 10 100 27 2,407 185 14475 50 1,695 23 — 56 Other bills discounted 4o 24 97 64 9 7,107 34 45 482 15 7,973 Total bills discounted 10,380 Industrial advances 9,563 U, S. Government securities, direct and guaranteed» 1 ,363,800 Bonds Notes 820,300 10 1,297 8,802 1,183 3,735 99,286 59,719 384,113 231,036 Total U, S. GovJt securities. direct and guaranteed 2.184.100 159,005 Total bills and securities ? ,204,043 160,312 Due from foreign banks F. R. notes of other banks Uncollected items Bank premises Other assets 47 34,235 954,428 40-641 50,220 3 1,218 93,657 2,801 3 ,404 T O T A L A S S E T S 23 ,873,262 1,439,081 112 140 321 194 817 65 165 24 369 107,301 64,541 141,895 74,720 57,484 85,348 44,943 34,577 166,999 100,446 615,149 171,842 227,243 119,663 625,134 10 3,278 244,049 10,280 13,505 175,689 227,704 120,674 5 1,906 64,001 4,827 4,235 172 457 87 721 626 333 65 165 65,886 38,477 66,280 53,594 39,630 23,144 39,864 32,235 107,765 64,817 92,061 267,445 105,516 61,621 106,144 85,829 172,582 92,291 267,838 105,599 62,250 106,952 86,788 * 6 1 1 1 2,926 2,066 435 2,259 1,085 136,134 46,570 25,453 36,697 2.8,024 2,932 1,174 2,997 2,298 1,350 1,998 5,849 2,329 1,446 172,812 2 2 4 2,461 1,574 11,106 118,852 77,093 34,235 4,488 2,740 1,963 a,,102 5,641 3,012 S3 — 4 3,121 49 ,663 2,791 4,326 9,522,971 1 ,567,378 1,994,935 939,913 637,816 3 ,825,890 722,035 446,310 634,605 460,111 1,682,217 *Less than Ô500. >'orm F. R. 283-c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS OU AUGUST 27, 194l (in thousands of dollars) L I A B I L I T I E S Total F. R. notes in actual cir~ culation Deposits« U.S.Treasiiror-Goneral aect. 772,074 Foreign 1,152,699 Other deposits 689,923 Total deposits 15,612,351 Deferred availability items 877,919 Other liabilities including accrued dividends 3,315 TOTAL LIABILITIES c a p i t a l a c c o u k Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts Boston Hew York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. 586,418 1,832,555 487,8/(9 669,507 3^4,029 230,158 1,492,561 258,829 177,448 232,933 110,593 634,729 6,101,787 46,656 247,317 53,001 451,237 10,300 577,562 791,923 61,058 109,773 16,283 83,733 23,505 27,779 104,115 48,662 39,609 26,684 5,093 9,202 744,686 7,377,903 82,029 183,027 979,037 1 ,183,334 505,156 362,355 2*125,954 404,694 237,651 353,065 311,030 1 ,026,678 65,654 107,236 74,361 31,549 159,305 46,532 21,300 36,340 26,861 43,637 330 794 307 353 334 117,650 35,471 40,942 24,890 135,802 33,950 24,897 32,819 4,4-58 7,2.50 5 ,882. 2,341 105 371 130 121 33,849 3-2,819 1,086 150 157 584,046 29,224 86,015 23,782 155 23,500,511 1,413,471 9,394,279 1,532,047 1,960,430 923,880 624,167 3,778-191 710,185 436,608 623,288 440,649 1,654,516 ■I s .11,910 14 ,602 5,530 4,840 15,060 4,348 3,002 4,548 4,285 11,763 51,687 9,351 140,942 10,906 15,144 5,247 5,725 22,024 56,447 3,974 10,785 157,065 14,323 4,925 3,152 3,613 1 ,13c 1,263 2,874 7,070 713 1,429 2,121 1,007 3,244 26,785 4,393 533 1,000 13,488 8,378 2,479 3,084 2,044 2,548 2,018 1,940 3,032 47,959 4,573 2,004 2,371 TOTAL LI .ABILITIES AND CAPITAL accounts 23 5873,262 1/39,081 9,522,571 1,567,378 1,994,935 939,913 637,816 3,825,890 722,035 446,310 634,605 460,111 1,682,217 Oonnitnents to make industrial advances 2,050 28 697 3,418 1,214 769 899 252 12,928 1,524 1,259 105 713 MATURITY DISTRIBUTION OF BILLS AIJD SECXITIES Bills discounted Industrial advances U. S. Government securities, direct tuid guaranteed Total 10,380 9,563 2,184,100 Within 15 days 7,212 2,202 — l6 to 30 days 1,481 343 — 6l to 31 to 60 days 90 days 683 906 898 242 — — 91 days to 6 nonths 6 months to 1 Year 96 2 1,160 1,517 43,000 84,800 1 Year to 2 Years 2 Years to Over 5 Years 5 Years ------ 1,658 238,700 —— 1,543 — 584,000 :1,233,600 Form F. R. 28>*d FEDERAL RESERVE NOTE STATEMENT 013 AUGUST 27, 1941 (in thousands of dollars) Total Boston Hew York pederal Reserve notes* Issued to F.R.Bank by F.R.Agent Held by Federal Reserve Bank In actual circulation Phila, Cleve, Rich. Atlanta Chicago St.Louis Minn. Kans.Cy* Dallas San Fran. 7,362,287 611,474 1,918,459 509,165 692,105 364,560 258,411 1,532,197 279,009 182,737 244,076 122,451 647,593 355,361 25,056 ' 85,904 21,316 22,598 2.0,531 28,253 39,636 20,180 5,339 11,143 11,858 63,547 7,006,926 586,418 1,832,555 487,849 669,507 344,029 230,158 1,492,561 258,829 177,448 232,933 110,593 584,046 Collateral held by agent as se curity for notes issued to bank* Gold certificates on hand and due from U. S.Treasury Eligible paper Total collateral 7,490,000 635,000 1,920,000 520,000 695,000 385,000 265,000 1,560,000 289,000 184,000 250,0’128.000 659,000 9,281 10 8,717 93 — 185 — — 27 168 1,1 — — 7,499,281 635,010 1,928,717 520,093 695,000 385,185 265,000 1,560,000 289,0.27 184,168 250,081 128,000 659,000
@FedFRASER