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STAT5MMT FOR Tii.E PRSSS Released f o r p u b l i c a t i o n Friday morning, Dec. 11; not e a r l i e r , • , 4756 Federal Reserve Board, December 10, 1925. CONDITION OF FEDERAL RESERVE BANKS The consolidated statement of condition of the Federal, Reserve banks on -Had3^public oy the Federal Reserve Board shows an increase of oOO j.n cilxs and s e c u r i t i e s and of $22,CjOO,000 in Federal reserve note c i r c u l a t i o n and a decrease of $27,600,000 in cash reserves. Holdings of d i s counted b i l l s wars l a r g e r than a week ago. by $3%, $00,000 while acceptances ^ ^ s e d in open market went up $11,800,000 and Government s e c u r i t i e s $12,400,000 r e s p e c t i v e l y . An increase of $23,400,00J i n discount holdings is reported by the Federal ? f r n n S ^ n n k ° f N e w Y o r k > c f $11,300,000 by Cleveland, and* big, 200,000 and it-8,000,000 r e s p e c t i v e l y , by Boston and Chicago. Discount holdings of Atlanta decreased $6,100,000, of Kansas City $3,600,000 and of St. Louis $2,200,000. City. Holdings of Treasury notes'went, up $11,200^000 and o f ' c e r t i f I c I t e s T f ^ indebtedness $1,200,000. Federal reserve note c i r c u l a t i o n was l a r g e r than f o r a week ago a t a l l Federal reserve banks except St. Louis and Minneapolis, each of which r e port small decreases. The p r i n c i p a l increases during the week were «. 7,100,000 by Philadelphia, $4, 300,000 by Chicago, and $3,600,000 by Cleveland. A summary of changes in the p r i n c i p a l assets and l i a b i l i t i e s of the r e serve banks during the weok and the year ending December 9, 1925, f o l l o w s : Increase or decrease Week during Year Total reserves Gold reserves - $27,600,000 - 20,300,000 - $262,800,000 - 275,200,000 Total b i l l s and s e c u r i t i e s . . . . . . . B i l l s discounted, t o t a l Secured by U.S.Govt, obligations . . Other b i l l s discounted . . . . . . . + 59,800,000 + 35,500,000 + 63,700,000 - 28,200,000 + + + + 245,300,000 425,100'000 251,000,000 174,'lCO^OOO + 11,800,000 + 16,700,000 U. S. Government s e c u r i t i e s , t o t a l . . + 12,400,000 - 200,000,000 Treasury notes C e r t i f i c a t e s of indebtedness . . . . + 11,200,000 + 1,200,000 - 95,000 000 114,900^000 B i l l s bought in open market . . . . . Bcnds - + 9! 900! 000 Federal reserve notes in c i r c u l a t i o n . . + 22,900,000 - 88,000,000 Total deposits Members' reserve deposits Government deposits + 1,500,000 + 10,600,000 8,300,000 + + - 55,200,000 54 100 000 '100^000 Released for p u b l i c a t i o n Friday morning, December 11, 1925; not e a r l i e r . St.4556a RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Dec. 9, 1925 Dec. 2, 1925 Dec. 10,1924 RESOURCES Gold with Federal reserve agents 1,307,572 1,343,424 1,836,288 Gold redemption fund with U.S.Treasury . . 57s7^5 54,162 32,093 Gold held exclusively against F.R.notes 1,365,277 1,397,586 1,868,381 Gold settlement fund with F. R. Board . . 753,172 729,002 • 647,643 Gold and gold c e r t i f i c a t e s held by banks . 603,836 6l6,023 1 481,474 Total gold reserves 2,722,285 2,742,611 2,997,498 Reserves other than gold 107,6l6 114,938 95,218 Total reserves . 2,829,901 2,857,549 3,092,716 Non-reserve cash . . . 44,389 45,268 41,643 'Bills discounted: Sec. by U.S. Government obligations . . 378,272 314,582 127,279 Other b i l l s discounted 301,102 329,293 126,977 Total b i l l s discounted . . . . . . . B i l l s bought in 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 of indebtedness . 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 Foreign loans on gold . . . . . Total b i l l s and s e c u r i t i e s . . . . Due from foreign banks . Uncollected items . . . Bank premises . All other resources TOTAL RESOURCES L I A B I L I T I E S F. R. notes i n 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 i n Surplus . , . . . All other l i a b i l i t i e s . . . . . . . . . TOTAL LIABILITIES Ratio of t o t a l reserves to deposit and F, R. note l i a b i l i t i e s combined . . . . Contingent l i a b i l i t y on b i l l s purchased f o r foreign correspondents . . . . . . . C. 679,374 369,550 643,875 357,723 254,25b 352,838 . 56,276 266,030 29,517 351,873 3,195 8,300 1,412,292 86l 692,811 61,552 19,3°2 56,269 46,358 254,858 361,082 28,302 144,456 3391429 551,896 3,150 6,000 8,3OO " 2,050 1,352,477 1,167,040 771 514 742,551 649,131 62,021 6l,74l 18,166 25,725 5,06l,l6S 5,078,803 5,038,510 1,765,627 1,742,706 l,853,6l4 2,246,386 35,840 11,884 20,420 2,314,530 626,937 116,863 217,837 19,374 2,235,787 44,136 13,002 20,074 2,312,999 670,132 116,871 217,837 18,258 2,192,333 35,975 ' 12,482 18,520 2,259,310 578,655 112,123 5,06l,l6s 5,078,803 5,038,510 220,915 13,863 69.4$ 70.5$ 75*2% V / 45,4,102 40,101 37,297 RESOURCES RESOURCES AMD LIABILITIES OF THE FEDERAL RESERVE BANKS ON DECEMBER 9 1925. (In thousands of dollars) Gold with Federal Reserve Agents Gold redemption fund with U.S.Treas. Gold held exclusive! v 84,030 8,298 320,109 129 187 181 26s 12,244 lo!qbq u>? 2 ^ Gold settlement fund with F.R.Board 43,767 262 005 53'259 u s 7^X70 o'S 2>337 fo'qfa A st ' k7Rfih 4 5fab ' q 1 T m u h l c a g 0 St-Loms Minn. Kans.Cy. Dallas San Fran. Total ? ' ^ ! 114,76? 14,94) 53,915 46,34? 18,904 177,261 1.307.^72 4, 6b? 4,012 57.705 9 9 8 , 1 1 9 118 >587 16,265 55,375 48,157 21,651 181,273 1,365,277 g g a g a a - Bonds 0 • i f ~s^ -—- T ma i i l 33^53 S5£IL TOTAL RESOURCES C. jgg » : ! • u . g rn l:lf0 ^ T 4: f ^ 4 92.76* i*Z ":g II 47% : a l !l fs % 1# I|g t:; *,& %j 404,563 1,487,225 377,434 498,806 241,001 293,170 608,227 177,117 149,874 214,051 157,983 451,717 5,061,168 I A B I L I T I E S i-iisSOUHeJiS AMD LIABILITIES OF TH& FEDERAL RESERVE BANKS ON DECEMBER 9, 1925. = 47 'yOC (In thousands of dollars) Boston New York Phila. CIeve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Total 173,179 362,979 156,730 231,549 90,77S 161,173 157,151 38,845 69,219 69,044 48,327 206,653 1,765,627 F. R. notes in actual c i r c u l a t i o n Deposits: Member tank - reserve account 143,078 870,779 Government 3,581 11,582 Foreign bank l6l 10,298 Other deposits 115 9,466 Total deposits 902,125 Deferred a v a i l a b i l i t y items 126,728 Capital paid in 32,132 Surplus 58,749 All other l i a b i l i t i e s 4,512 TOTAL LIABILITIES Reserve r a t i o (per cent) 62.5 76.6 Contingent l i a b i l i t y on b i l l s purchased 1 or f o r e i g n correspondents 3,206 13,795 F,R C notes on hand (notes rec'd from F.R.Agent l e s s notes in circulation) 24,638 118,647 F.R.notes rec'd from Comptroller F.R, notes held by F. R. Agent F.R.notes issued to F.R.Bank Collateral held as security f o r F.R,notes issued to F.R.Bank: Gold and gold c e r t i f i c a t e s "eld redemption fund Gold fund - F. R. Board Eligible paper Total c o l l a t e r a l B i l l s discounted Bills bought in open market C e r t i f i c a t e s of indebtedness Municipal warrants C. 254,117 56,300 197,817 35,300 18,730 30,000 126,644 210,674 130,899 173,288 860 3,989 202 232 234 1,241 69,723 2,005 115 69 80,348 323,530 83,162 52,002 87,954 62,968 168,655 2,246,386 1,745 3,251 2,510 2,019 1,479 1,04b 1,773 35,840 89 299 100 73 57 76 152 11,884 54 1,031 942 295 245 44 6,0gl 20,420 132,195 178,750 56,048 51,011 71,912 82,236 328,111 86,714 54,392 90,365 64,134 176,661 2,314,530 59,536 34,691 74,472 35,610 14,244 40,574 32,510 43,333 626,937 11,568 13,141 5,979 4,645 15,718 5,127 3,130 4,250 4,27s 8,234 116,863 20,059 22,462 11,701 8,950 30,426 9,971 7,497 8,977 7,592 15,071 217,837 834 1,893 1,095 1,475 2,349 850 1,342 841 1,142 1,765 19,374 76.5 4,029 74.1 , 75.9 4,6^6 2,296 55- 1,776 69.4 5,979 49.6 1,993 67.1 57-4 1,430 1,733 41.5 1,516 66.6 3,033 69.4 ^ 45/4/2 28,684 21,843 13,931 23,745 19,981 6,210 2,887 9,240 5,834 45,372 321,020 FEDERAL RESERVE NOTE ACCOUNTS OF FEDERAL RESERVE AGENTS ,41,706 as,614 257,917 132,188 230,231 431,369 69,955 90,196 100,584 67,193 306,325 2,930,395 260,Qgo 33,200 34,520 27,479 45,310 254.237 24,900 13,090 22;300 .13,032 54,300 *43,743 481,62b 155,414 253,397 104,709 184,921 177,132 45,055 72,106 78,284 54,l6l 252,025 2,036,647 186,698 3,600 8,780 21,160 10,200 10,575 13,052 15,136 304,501 27,411' 11,198 12,425 2,710 9,252 4,142 870 863 2,927 2,763 15,229 108;645 106,000 114,359 160,000 49,500 74,000 110,645 3,500 40,000 43,360 1,000 162,032 894,426 999=029 212,777 56,354 95,490 40,515 92,532 120,807 50,181 26,547 34,720 44,9S7 97,475 532,886 185,541 276,755 113,885 185,984 235,594 65,12b 80,462 SI,067 63,S91 274,736 2,306,601 DISTRIBUTION OF BILLS, MUNICIPAL WARRANTS AND U. S. CERTIFICATES OF INDEBTEDNESS BY MATURITIES From 9-- days Within 15 days 16 to 30 days 31 to 60 days 6l to 90 days Over 6 months Total to 6 months 340 679,374 549,433 38,27 s 49,636 31,SIS 9,869 14,560 113,683 64,550 108,277 6s,4s0 369,550 18,3°2 4,689 29,517 6,526 — — 45 — 45 - i
@FedFRASER