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Form F. R. 283
STATEMENT FOR THE PKESS

Released fo r p u b lica tio n
Friday morning, Deo. 1.5;
not e a r lie r ,

Board o f Governors
o f the Federal Reserve System
December 14,1944

CONDITION OF THE FEDERAL RESERVE BANKS
During the week ended December 13, member bank reserve balances decreased
$^2,000,000, Reductions in member bank reserves arose from increases o f
$56,000,000 in money in circu la tio n , $11,000,000 in Treasury cash, and $214.5,000,000
in Treasury deposits with -Federal R:;serve Banks, o ffs e t in part by an increase o f
$101,000,000 in Reserve Bank cred it and a decrease o f $39,000,000 in nonmember
deposits and other Federal Reserve accounts. Excess reserves o f member honks on
December 13 were. estimated to be approximately $1,300,000,000»
?v
* •
Holdings of'loans-, discounts'and advances decreased $207,000,000 ’vhile
holdings o f United States Government secu rities increased $266,000,000, The
increase in holdings o f United States Go-^rnment secu rities resulted from an
increase o f $384,000,000 in c e r t ific a te s and $6,000,000 in notes and a d'/'craa-se
o f $121*,000,000 in b i l l s .
Changes in member bonk reserve balances and related items during the week
and the year ended December 13, 1944, ’'/ore as follow s 5

Increase or decrease
since
Dec. 13,
19 44

Doc# 0,

1944

(In m illio n s
*
U ,S ,G o v t, s e c u r i t i e s ( i n c l , g u a r, s e c , )
L oans,.discounts and advances
Other R eserve Bank c r e d i t

Dec. 15

1943

of d o lla rs)

*

T o ta l R eserve’ Bank c r e d i t

Gold stock
T re a s u ry c u r r e n c y
Member bank r e s e r v e b a la n c e s
Money'in c i r c u l a t i o n
T r e a s u r y cash
T r e a s u r y d e p o s i t s w ith ^«R,Banks
Nonmember d e p o s i t s and o th e r *',R ,acco un ts




182
552

+
+

266
207

19 ,3 11
20,667

+
-

181

18,577

123

+7,563
+
-

HI
37

It, 123

1
1

+7,607
-1,337
+
26

Hi, 092

92

+1 , 1 60

25,163

56

+4,928
•+
55
+ 124

2,348
503
1,994

+
+'
-

11
2l+5
39

+

29

Forln F. R. 283c

STATEMENT OP CONDITION OF THE FEDERAL RESERVE BiiNKS ON DECEMBER - 1 3 ,

1944 '

(In thousands o f d o lla r s )
T otal
Boston New York
P h ila .
C leve.
R ich. A tlanta Chicago St,Louis
Minn; Kans.Cy*
21, 542, 41 6.1363,099 4*774*746 1419,663 1883,602 1488,441 1262,749 3933',318 ; 921.803 473*353 787,553

L I A B I L I T I E S
Federal Reserve notes
Deposits:
iilember bank-reserve a cct. lit, 092,484 666,174 4*413.»329
UJa.Treasurer-general a cct. 502,711
32,535. 170,835
Foreign
1,164,589, 80,345 1/451,281
Other
432,314
7,897 “ 310,633
Total deposits
16,192,098 736,951 5*346', 078
Deferred a v a ila b ilit y items 1,565,380 130,505
305*549
Other l i a b i l i t i e s including
accrued dividends11,722
1*038
3,109
TOTAL LIABILITIES
39, 311,616 2281*593 10429,482
Capital paid in
10,025
58,678
161,159
Surplus (S ection 7)
70,012
13,206
188,097
Surplus (S.ection ljb )
26,965
7,0922,874
Other ca p ita l accounts
105,701
26,665
• 5,895'
total LIABILITIES AND
CAPITAL ACCOUNTS
39*793,538 2313,593 10,591*929
Commitments to make
industrial’ loans
4,448
- - -

F.R.notes outstanding
C olla tera l fo r Fi.R.notes
held by F«R*Agents:
Gold c e r t ific a t e s
E lig ib le ' paper
Ui-SiGovti se cu ritie s

Discounts and advances
Industrial loans
U¿.S. Govt, s e curi t ie s
( i n c l . guar; sec*)




701>188 1064,219
21,100 ■ 63,519
102,871
99*516
5,066
13,1*94
830*225 1260,748
87*162 151,367

635,087 613,54o 2114,901
16,044
41,086
33,397
44,726 35,781 138,652
3,750
4,683
8,591
716,960 672,048 2303*230
120,189
91.835 230,097

527,631 320,526
21,749 28*553
34*663• 24,600
15, 072: l**64l
599,115 •373,320
71,931 34*984

Dallas SanFran*
542,166 2691,923

675,011
19,664
32,427
4,683

624,285 1716,593
17,867
34,362
32,427
87,300
5,785
43,019
731,785“ 680,364 1886,274
94*630
60,907 186,224

448
416
438
411
945
920
701
1*361
6o4
1,331
233V, 970 3297,048 2326,291 2027,236 6i*68,00.6 1593*265 887,095 1614,416 1283,848 4765,366
13,468
5,186
5,823
5*120
3,490
5*105
6,461
12,224
19*254
16*325
3,669
4,831
16,026
5,236
6,330
14*159
26,490
4,^54
5,725
17,859
1,429
2,129
1,000
530
1,307
1*137
4,421
3,290
1,007
749
7,208
4,320
4*664
6,920 ■ 11,784
15,794
6,854
6,113
4,419
5,065
2379,394 3342,190 2348,132 2o4 5,& 6 6530,973 1609,664 899,918 1630,350 1299,411 4802,330
2,742

50

545

1,056

55

22¿244,825 1399*345 4, 960,744 1459,162 1935,450 1519,060 1320/535 4.021,293

960*095 484*768- 810,672

575,497 2798,204

3? 5»ooo 2, 520,000 610,000 886,000 615,000 630,000 2520,000 375,000 210,000 320,000 249.000 1774,000
5.620
22,200
550
5,800 -131,770
3,090 •' - 550
810,000 2, 400,000 .850,000 1050,000 925,000 700,000 1550,000 628,092 -275,000 500,000 345.000 1100,000
MATURITY DISTRIBUTION OF LOANS AND SECURITIES
Over
L to 2
2? to 5
91 days to
6 months
31 to
61 to
Within
16 to
5
ye^rs
years
■years
ta 1. year
Total
. 6 months
90 days
60 days
30 days
15 days

11, 304,000
•
1 69,580
11, 133,092

175,673
6,407

..155.968
6,205

2,552
50

853
3

16,300
2

11

56

31

18,577,172
2, 530,910 1, 752,905 4,362,723
3,840,327
;i,9 4 8 ,3 2 i
1*887*140 „509*450
l / A fte r d edu ctin g$ 711, 149,000
p a r tic ip a tio n s o f,o t h e r F^dçral Reservé Banks,

888,602

49

856,794

Fonn Ff R* 2Q3&
Released fo r p u b lica tio n Friday morning, .December 15,1 9 ^ 5 n0'k e a r lie r .

STATEMENT OF CONDITION
OF THE TWELVE FEDERAL- RESERVE BANKS COMBINED
(In thousands o f d olla rs)
Increase or decrease
since
Dec, 13,
19UU
a s s e t

Dec. 6,
I9bh

Dec, 15,
19li3

17,919.165
580,960
233,11*1
18,753,266

- 11,000
+ 8,278
- 1,702
- ¿+,1+21+

175,675
6, 1+07

-207,535
+
109

- 1, 721+, 100
+ 587,020
66,557
-1,1+05,1+17
+
85,51*6
14,151

's '

Gold c e r t ific a te s on hand and
due from U. S. Treasury
Redemption fund - F, R. notes
Other cash
Total rtserves
Discounts and advances
Industrial loans
U. S, Govt, se cu ritie s j
B ills
C ertifica tes
Notes
Bonds
Total U, S. Govt, secu rities
f i n o j, guar, sec.)'

1 1 ,5 m ,885
1+,21+1,21+0
1,550,621
1,21*3,1*26
•
18,577,172

-125,872
+58U,5oo
+ 5,500
- •;
+266,128

+[+,980,515
+2, 0514,990
+ 875,721
- 515,5k3

Total loans and soou rities

18,759,252
136
87,750
2,116,818
514,505
62,015

+ 58,702
- + 3,590
+558,627
+ .
1
+
¿,128
... „.... —■

+7,61+1+, 378
- +
15,121
86,805
5,985
+
5,927

59,795,558

+398,621+

+6,171,721

21,51+2,1416

’ + 65,827

+l+,906,286

ll+, 092,1+81+
502,711
l,l61+,589
1452,5114
16, 192,098
1,565,580

- 91,035
+2l+l+,630
.-.61+,721
+ 25,769
+lll+,6l+5
+216,133

+1,160,1+02
+ 125,250
- 277,161
+ 252, 1+01
+1,258,872
U9,025'

11,722
5 9 ,5 H ,6 lg

+
559
+597,11+2

+
2, 1+51
+6,118,50+

161,159
188,097
26,965
105,701
59,795,558

+

+ 1,553
+398,621+

+
9,587
+ 27,686
+
156
+
15,9U8
+6,171,721

-

-

Due from foreign banks'
F. R, notes o f other banks
Uncollected items
Bank premises
Other assets
TOTaL ASSETS
L I A B I L I T I E S
Federal Reserve notes
Deposits*
Member bank-reserve account
U.S.Treasurer-general account
Foreign
Other
Total deposits
Deferred a v a ila b ility items
Other l i a b i l i t i e s including
accrued dividends
TOTAL LIABILITIES
C A P I T A L A C .C O U N T S
Capital paid in
Surplus (S ection 7)
Surplus (S ection 13b)
Other capital accounts
TOT.nL LIABILITIES AND CAPITAL ACCOUNTS
Ratio o f to ta l reserves to deposit
and F.R. note l i a b i l i t i e s combined
Commitments to make in dustrial loans




h 9.{$
1+, I4I48

129
- -

-

,3%
139

+7,565,li85

ll+.2fo
5,117

Form. F. R.

283b

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON DECEMBER
(In thousands o f d o lla r s )

13,

191U+

ASSETS
Total

Boston

New York

Gold c e r t ific a t e s on hand and
due from U. S* Treasury 17, 919,165
Redemption fund-F*R.notes 580,960
Other cash
233, 11+1

387,596
1+1,133
16 ¿ 3 1

i+,726,637
127,509
59,961

Tot~l reserves

18, 733,266

91+5,160

175,673
6,1+07

5,800
201

li,9ll;,107 1007,1+39 1389,795
3,21+0
1 ,3i+o
131,770
86
2,877
315

935,769
550
132

970,-868 3551,013
---- —
¡4,300
---23

2,662,996
1 ,1*1*1+,1+87
528,111+
1+23,1+88

833,027
217,51+5
79,536
63,779

705,269 1202, 61*1 1+69,819 31^+,751
11+2,177 812,1*21 202,055 72,31+9
51,980 297,026
73,373 26,1*52
1+1,682 238,132
59,233 21,212

Discounts and advances
Industrial loans
U. S. Govt* s e c u r itie s :
B ills
C e rtifica tes
Notes
Bonds

11,51+1,885 887,990
l+,2i+l,2l+0 .191,933
1,550,621
70,172
1 , 21+3 ,1+26
56,270

Total U, S. Goyt. s e cu ritie s
( i n c l . gur.r. s s c .)
ÏB7577,172 1206,365

P h i la .

C le v e *

91+6,1+62 1317,390
52,952
l+3,li+3
17,831+'
19,1+53

822,827 13Î|1+,310
21*8,335 228,113
83,399
90,975
66,876
72,952

R ic h .

stian ta

921+^52 918,1+86 3Ì4Ì+l+,ól5
1+8,891+
36,791
79,197
27,201
12 ¿ 2 3
15,591

5 ,059,085 1235,589 1722,698 1193,887

9l+l,108 2610,270

18*7^9 .2^2 1212.366

Due from foreign banks
136
F. S. notes o f other banks
87,750
Uncollected items
2 ,l l o ,8 l 8
Bank premises
3l+»303
Other assets
62,013
TOTAL ASSETS




Dallas SanFran.

632,205 362,585 61+1,838
25,853
32,873 ll* ,ol+8
12 ,809
13,009
l+,673

519,286 2597,613
60,727
17,81+0
21+,977
8,779

680,500

51+5,905 2683,317
-—
303
—
2,71+8

678,087 381,306
22,200
----

550
----

5,620
25

551+^19 1+83,36!+ 1170,072
159,657 109,611 1+12,057
1+0,071+ 150, 61+9
53,371
l46 , 8o 8
32,135 120, 8oi+

Soil.,985 1+61+,761+ 319,655

665, 18!+ 1853,582

-

T o ta l lo a n s and

s e cu ritie s

Minn. Kans +Cy .

Chicago St.Louis

10
2,355
11+8,91+0
1,615
3 »11+7

5,190,91+1 121+1,706 172!+,353.1194,569
12
12
1/ 1+9
Iî.,636
3,011
15,311+
ltl+3,997 120 ,134 2l !+,855
3 ¿63
8,911+
1+,111
18,607
1+^28
3 , 621*

39,793,538 2313,593 10,591,929 2379,391+
l / A fte r deducting $ 87,000

9I+1 ,131 26li+,570

6
1+
17
6 ,1+61
9,210
l l ,936
155,31+0 120,355 339J+1I+
2,885
2,859
1,615
3,128 . 2,1+63
11.138

331+2,190 23U8,132

201*5,61+6 6530,973

827,185 1+65, 31!+ 825,300
1+
3
7,77l+
2,731+
91,216 1+8,015
2,052
1,251+
3,31+6 . ; 1 ,292

665,1+87 1856,330

1+
5,232
n i +,051
2 , 667*
2 »60I+

1609, 661+ 899,918 1630,358 13

p a r tic ip a tio n s o f other Federal Reserve Banks.

11
1+
3 ,822
15,265
81 ¿ 6 8 239,033
9'09
1,951+
6,1+20
1,816
9,1+11 1+802,330