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Form F. R, -2C3
STATEMENT FOR THE PRESS

Released fp r p u b lica tio n
Friday morning, De«f. ll+i
not e a r l i e r ,

CONDITION

Board i f Governors
« f the Federal Reserve Bystem
December 13, 19^5

OF THE FEDERAL RESERVE BANKS

D u rin g th e week ended December 12, member bank r e s e r v e b a la n c e s d e e r -a s e d
$573,000,000^
R ed u c tio n s in ¿em ber bank r e s e r v e s r e s u lt e d from, in c r e a s e s o f
$ 6 1 9 , OC0,0 00 in T re a s u ry d e p o s it s w ith F e d e r a l R e s e rv e Banks, $ ^1 ,0 0 0 ,0 0 0 in money
in c i r c u l a t i o n and $ 26 ,0 0 0 ,0 0 0 in T re a s u ry ca sh , o f f s e t " in p art" b y an in b r e a s o e f
$35*000,000 in R es erve Bank c r e d i t and a d e c re a s e o f $9 9 , 00 0,000 in nonmember
d e p o s it s and o th e r F e d e r a l R e s e rv e a c c o u n ts .
E xcess r e s e r v e s o f member banks on
December 12 w ere e s tim a te d t o be a p p r o x im a te ly $ 1 ,2 5 0 ,0 0 0 ,0 0 0 »
r

H o ld in g s 0 f l^ tm s, d is c o u n ts and advances d e c re a s e d $ 3 3 ,0 0 0 ,0 0 0 and o f
U n ite d S ta te s Government s e c u r i t i e s $ 3 2 ,0 0 0 ,0 0 0 ,
The d e c re a s e in h o ld in g s o f
U n ite d S ta te s Government s e c u r i t i e s r e f l e c t s in c r e a s e s o f ?,.18U,OOOjOOO in b i l l s
and $6 , 00 0,000 in n f t e s and d e c re a s e s * f $213,000,000 in c e r t i f i c a t e s and
$ 7 ,0 0 0 ,0 0 0 in b on d s.
The $ 31 3,0 0 0 ,0 0 0 s p e c i a l s e r ie s c e r t i f i c a t e h e ld b y th e
F e d e r a l R e s e rv e B a n k s o n December 5 '‘vas redeemed d u rin g the v<colc.
Changes in member bank r e s e r v e b a la n c e s and r e l a t e d
and th e y e a r ended December 12, I 9 I4 5, ''•"'are as f j11sv»sj

item s d u rin g th e week

In c r e a s e o r !d e c r e a s e
s in c e ;
D ec„ 12,

Dec. ’5,

191*5
(In

U. Sf Government secu rities*
Loans, d is c o u n ts and advances

19Ì15 ;
m illio n s

23, ¿493
31b

O ther R e s e rv e Bank c r e d i t

U5ü

T e t a l R e s e rv e B an k ,cred it
G old s to c k
T re a s u ry c u r r e n c y

214,26k.

Member bank r e s e r v e b a la n c e s
Money in
c ir c u la tio n
T re a s u ry c‘ash
T re a s u ry d e p o s it s w ith F f R* Banks
Nonmomber d e p o s it s and o th e r Ft Rf accpu nts

15,069
2o, 370
2,263
627
1,692




Dec;,

2 0 ,fik 5

14,317

13,

19UU

o f d o lla r i)

- 32;
- 33
+. 101

+ 14,916
+
132
-

9 I4

35
16
Ili

+ U.953
622
I9l4

- 573
* 91
+ 26
+ 619
- 99

+ 1,577
4* 3,207
•
GO

+
+
+

12b

-

302

Form F. R. 283c

L I A B I L I T I E S

STATEMENT OF CONDITION OF THE FEOEtfcL RESERVE - BANKS OI\ DECEMBER 12, 1945
( i n thousands o f d o lla r s )
T ota l

Boston.

Néw York

P h ila *

C leve«

R ich.

A tlan ta

Chicago St.Louis

Minn. Kans.Cy*

Dallas SanFran*

Federal Reserve nates
21^,516,295, 1480,485 5 , 326,168 1627,375 2091,1477 171+1,351 IÌ483,882 141425,979 10514, 760. 551,07k 910,328 627,022 5196,3914
D eposits:
Ilember bank-reserve a e c t. 155608,692 676,5614 Ì 4*824, 135 768,897 1180,701 702,514 733,198 2276,662 592,519 576,1421 800 *804 71+7,772 1988 ,505
U .S .Treu surer-general a c c t. 626,956
30,840
22,998 .129 tï>h2
71,90b ■■ 228*580
'21,968
18 *783
25 »1+21
33,183
98‘M l i 16,938
28,953
Foreign
885,802:
35,216
29,546 109,001
57,030 ì/ 3 k 9 -,920
75,785
25,1514
72,9^7
25,15k
19,285
2 5 ,15Ì4 65,3014
Other
3 17,399. r 5,771
1 ,6142 1(3,913
6,8!i6
, 1,28Ì4
5 7>14-52
1149,353
6,629
5 »800
2I4, 5I+I
10;, 275
3,385
Total deposits
17,49 9,51+9 309,275 .5 ,551,993 871,279 1307,142 771,955 788,178 2541,156 644,884 422,504 •856*584 799,939 2134,410
D eferred a v a i l a b i l i t y items 1 , 082,569 154,6o4
1 5 3 ,5 2 6
329,6514 1 0 1 , 1 6 3
33,926
137,132 124,474 242 ,62-9
84,445
70,994 1 7 8 ,0 5 7
-91,935
*
Other l i a b i l i t i e s in clu d in S
accrued dividends
1 2 ,1 0 9
. 5 10
401
1,670
368
1 ,2 3 0
727'
488
456
3,325
1,345
514
595
TOTa L LIABILITIES
I4 5 , 7 1 0 ,5 2 2 21+2 5 ,0 9 1 1 1 , 2 11*114 0 2600,685 3553,375 2651,055 2397,048 7211,454 1784,525 1007,992 1859 »407 1498U406 5 5 1 0 ,1 8 6
C apital paid in
Surplus (S e c tio n 7)
Surplus (s e c tio n 13^)
Other c a p ita l .accounts
TOTAL LIABILITIES AND
'"CAPIT iiL ACCOUNTS
Commitments to make
in d u s tria l loans

1714,1147 ■

228,153
27,165
1 I4 9 ,528

61,606
814,903
7,143
35 ,007

10,618
15,239
2,880
9,327-

13,040
19,872
4,463

17,557
.19,071
1,007

1 0 ,6 4 2

. 1 6 ,1 7 5

7 ,1 0 1

7,813
3,290
9,528

6,305
7,936
7Ó2
3,189

20 ,646
3 5 ,2 0 1

1,429
21,672

5,555
7,048
527
7,317

3,776
4,950
1,073
5,437

-

.

-

-

5,967
6*025
2,307
6,168

5 ,7 1 0

6,196
1,137
7,176

16,288
15,399
2,142
14,692

..

1414, 2 8 7 , 1 1 5 .21+6 5 , 1 5 5 1 1 ,5 9 7 ,7 9 9 26148,707 5607,185 2678,765 2420,240 7288,582 1804, 050-1023,228 1879,626 1517,373 5559,207

2,965

1 6 I4

F . R. notes outstanding
25,552,2142 1519,551
C o lla t e r a l f o r F. R. notes
held by F.- R* Argents:
Gol^ c e r t i f i c a t e s
10,683,000 1460,000
E lig ib le paper
2l4l4,7ll4
•4,385
U. S. Goyt. s e c u r itie s
114, 7140,219 1100,000

—

1 ,774

500

300

—

—

—

5 ,1473, 6321688,1420 2159,203 1 7 8 5 ,6 6 2 1557,077 4554,810 1103,094

3 , 3 2 0 ,000' S490,000 660,000 645,000
2,150
159,185.
6,685 •
---2 ,100,000 1200 ,000 ’ 1500 ,.000 1175*000

660,000 1990,000 ‘ 300,000
. . .
19,259
900,000 2600,000 865*219

564*227
’
1 6 5 ¿000

200
400,000

*

242

185

-------

-------

941,911

660,912 3358,833

280,000
16,300
700*000

169,000 1549,000
------36*550
300 ,000 1900 *000

Î

MATURITY DISTRIBUTION OF LOANS AND SECURITIES

2 to 5
6 l to
91 days to
‘6 months ' ‘ 1 t o 2
16 t o
31 ^O
years
yea-r S'
90 days
30 days
60 days
6 months
to > 1 yea-r
15 days
— —
---- -——
15#180
251,690
56*605
8j,175
2,066
176
5
b
13
13
15
9
507,652
2,208
j,100
4,542*290
2,427,091
5,343,612
4 , 705,637
2 73 ,8 0 0
2 ,793,691
l / A ft e r deducting $554,945,000 p a r tic ip a tio n s o f other Federal Reserve Banks,
W it h in

T o ta l

Discounts and advances
In d u s tr ia l

lo a n s

U* .S* G dvt. s e c u r itie s




511,650
2,299
23,1492,013

Over
5 years
----

---690,090

Form F. k. 233u
Released fo r p u b lica tio n F riday morrfing;, December 14,1945* no:*: e a r lie r .
STATEMENT OF CONDITION
OF THE T7/ELVE FEDERAL RESERVE BANKS-COMBINED
( I n thousands o f- d o lla r s )
Increase or decrease
since
Dec. 12,
1943 -

Dec. 5,
1943

Dec« 15»
■ 1944

iiSS'ETS
Gold c e r t if ic a t e s
Redemption fund fo r F. R. ..notes

17,115,065
776,022

- 12,500
+ 1 1 ,31b

- s o i l , 100
+ 195,062

T o ta l gold c e r t i f i c a t e "reserves

17,691,087

-• 1,186

- 609,038

-

-

Other cash

223,127

4,285

10,014

Discounts and. advances .
In d u s tria l Loans
U. S. Govt, s e c u r itie s :
B ills
C e r t ific a t e s
Notes
Bonds

„311, 650,
2,299

- 52,796
54

+ 135,977
- 4,108

12,*406,610
8,033,461
2,105,650
946,892

+184,580
-218,000
+ 8,000
- 7,200

+ 864,725
+5, 792,221
+ 555,029
- 296,534

T o ta l U. S. Government
s e c u ritie s

23, 1492,615

- 52,820

+4,915,441

T otal loans and s e c u ritie s
------- ----- -------- -------- ------- -r
Du'e from fo re ig n banks
F# R. notes o f other banks
U n collected items
Bank premises
Other assets

23, 306,562

- 65,650

+5,o47,5io

110'
125,515
2, 140, 17.6
33,654
63,884

. '
* 4,112
+201,456
* 1,758

TOTAL ASSETS

44, 289,115

+136,207

+4,495,577

Federal Reserve notes
Deposits j
iuember bank - reserve account
U, S, Treasurer- Qerteral account
Foreign
Other

24, 516,295

+ 86,460

+2,975,879

15, 668,692
• 626,956
885,802
317,899

-573,059
+619j 099
- 12,067
- 88,545

+1, 576,208
+• 124,245
- 278,737
- 114,415

Total deposits

17,499,349

- 54,550

+1, 507,251

1 ,682,569

+100,677

+

117,189

+

+

587

L I A 3 XvL M I E S

TOTAL LIABILITIES
T ii L

+•

26
57,765
23,358
649
-6,871

652

+135,239

+4,598,706

+

+
+
+
+

P OUT S

C a p ita l paid in
Surplus (l e c t i o n 7)
Surplus (S e c tio n 13b)
Other c a p ita l accounts
TOTa L LIABILITIES AND Ca PITAL ACCOUNTS

Ratio o f gold c e r t i f i c a t e reserves
to deposit .and -F*R. note
l i a b i l i t i e s combined
Commitments to make in d u s tria l loans




12,109
43 ,7 ib ,322

ACC

+
+

,

D eferred a v a i l a b i l i t y 1items Other l i a b i l i t i e s including accrued
dividends
C A PJ

-

174,147
223,155
2.7,165
149,528

531
- *+ ' 2,437

44,289,115

‘ +136,207

.

42, 6/0
2,965

8

12,988
40,056
200
45,627

+4,495,577

6.4/6
1,485

Form F. R, 284t1
STATEMENT OF CONDITION ' OF THE FEDERAL RESERVE BANKS ON DECEMBER 12, I 9I45
( I n thousands o f d d lla r g )
A S S E T S
T o ta l

B oston

New York

17,115,065

744,904

4,719,240

776,022

59^31

110,008

17,891,087

804,335

4,829,248

17,716

39,378

D is c o u n ts and advan ces
I n d u s t r i a l lo a n s
U* S* G o vt, s e c u r i t i e s :
B ills
C e r tific a te s
N o te s
Bonds

223,127
311,650
2,299
■
12, 406,610
8,033,461
2 , 105,650
946,892

T o t a l U* S* Government
s e c u r itie s

23 *-492,613 1476,513

5,822^,823. 1595,809 2181,549 1343,803 1175,372 3546,j019 1057^884

614,163 109L, 864- 9 0 2 , 0 2 9 - 2684,780

23, 806, 562. 1484,167

5, 999,022 1608,559 2196,988 1347,992 1181,317 3556,415 1078,553

615,444 1109,589

G old c e r t i f i c a t e s
R edem ption fon d f o r
F . R. n o te s
T o t a l g o ld c e r t i f i c a t e
reserves
O th er cash

TotaJ. lo a n s and
s e c u r it ie s
'

7,534
115

176,199

704,133
559,708
146,705
65,972
*

3,037,738
2,018,210
528,992
237,883

Due fro m f o r e i g n banks
110
7
F* R* ¿note-s o f o t h e r banks
^ 1 2 5 51c»
3,245
U n c o lle c t e d ite m s
2, 140,176 147,223
Bank p re m is e s
1,559
‘ 33,654
O th er a s s e t s
4,903
68,-884

TOTAL ASSETS




-

1/ 4o
15,883489,430
8,693
16,100

P h ila .

C le v e *

R ic h .

A t la n t a

C h ica go S t .L o u is

817,694 1108,425 1062,386 1007,132 3225,543
61,379

75,214

61,164

46,244

130,691

879,073 1183,639 1123,550 1053,376 3356,234
14,628
10,821
1,929

18,674

14,150

15,439
- -

4,124
65

772,594 1119,571
596,543 769,562
156,359 201,709
90,707
70,313
*

663,404
493,049
129,234
58,116

10
'10
4i793
8,746
133,623 188,102'
3,993
3,325
7,026
4,696

5
20,694
165,411
2,776
4,187

20,622
5,945
- -

27,309
10,396
- -

618,373 2092,572
403,630 1053,237
105,794 276,066
47,575 124,144

4
10,043
149,536
1,572
3,770

Minn, K an s.C y.

553,149

322,501

600,973

43,083

20,177

35,329

596,232 . 342,678

636,302

12,345
20,669 .

7,717
1,281

11,168

«•»

- -

489,973
411,-536
107,868
43,507

14
3
'8,-870
i2,44o
323,488 102,729
2,063
3,112
9,370 • : 4,155

306,730
222,780
58,394
26,259

3
5,107
49,069
1,258
1,952

17,710
15
538,010
401,349
105,198
47,307

D a lla s SanFran.

489,363 2463.755
26,242

107,060

515,605 2570,615
8,674
1,410
- -

30,746
40,122
175

418,214 16^ 5,298
350,596 753,261
91,895 197,436
41,324
88,785
1

903,439 2725,077

8
3
3 .
22,022
'
4
,7348,933'
S l , 580 202,127
107,858
832
1,869
2,597
3, 006'
3,176
6,543

-.44,289,115 2463,155 11,397,799 2648,707 3607,183 2678,765 2420,240 7288,382 1804,950. 1023,228 1879, 626. 1517, 873.5559,207
l / A f t e r deducting $70,000 p a r tic ip a tio n s o f other Federal Reserve Banks.