Board of Governors of the Federal Reserve System (U.S.), 1935- and Federal Reserve Board, 1914-1935. "December 17, 1926," H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks (1926-12-17). https://fraser.stlouisfed.org/title/83/item/64765, accessed on April 27, 2025.

Title: December 17, 1926

Date: 1926-12-17
PREVIOUS | NEXT
Page 1
image-container-0 STATEMENT FOR THE PRESS Rsleased for publication •Friday morning, Dec. 17; not earlier. 7 st. 5191 Federal Reserve Board, December l6, 1926. - CONDITION OF FEDERAL RESERVE BANKS Largely as a result of the Treasury's financial operations, the consolidated statement of condition of the Federal reserve banks on December 15, made public by the Federal Reserve Board, shows a decline of $42,400,000 in holdings of discounted bills and increases of $122,900,000 in member bank reserve deposits and $154,700,000 in Government securities, holdings of which included $188,000,000 of temporary certificates issued by the Treasury to the Federal reserve banks pending the collection of the quarterly installment of taxes. Total bill and security foldings increased $105,400,000, Federal reserve note circulation $36,300,000, and cash reserves $2,600,000. The New York reserve bank shows a decrease of $60,000,000 in its discount foldings, San Francisco $4,400,000, and Dallas $3,500,000, while discount holdings of the Philadelphia bank increased $7,700,000, of St. Louis $7,200,000, Cleveland $4,gOO,000, and Kansas City $3,500,000. Open-market acceptance holdings declined $14,500,000 at the New York bank and $4,300,000 at Boston, and increased $5,100,000 at Chicago and $2, 300,000 at Cleveland, the System as a whole showing i decline of $6,900,000. Total holdings of Treasury notes were $36,000,000 and of United States bonds |10,000,000 below last week's totals, while holdings of Treasury certificates in- creased $200,700,000. Of the increase in the latter item, $162,000,000 represents temporary certificates issued by the Treasury to the New York bank and $26,000,000 to three other reserve banks pending the collection of the quarterly installment of taxes. Most of the Federal reserve banks report a larger volume of Federal reserve notes in circulation than a week ago, the principal increases being: New York $14,200,000, Philadelphia $6,700,000, Cleveland $5,500,000, Chicago $5,300,000, and Boston $3,600,000. A summary of changes in the principal assets and liabilities of the reserve banks during tne week and the year ending December 15, 1926, follows: Total reserves . Gold reservss Total bills and securities Bills discounted, total Secured by U.S.Govt, obligations Other bills discounted Bills bought in open market U. S. Government securities, total Bonds ............ Treasury notes Certificates of indebtedness . . Federal reserve notes in circulation Potal deposits ...... Members' reserve deposits Government deposits , « Increase or decrease during Week Year + $2,600,000 + 2,300,000 +105,400,000 - 42,400,000 - 26,300,000 - 16,100,000 - 6,900,000 + 31,400,000 +154,700,000 - 10,000,000 - 36,000,000 +200,700,000 + 36,300,000 + 51,900,000 +103,900,000 +122,900,000 - 19,600,000 + $142,100,000 + 129,100,000 + 45,000,000 56,800,000 - 21,200,000 - 35,600,000 79,800,000 27,000,000 71,500,000 178,300,000 92,000,000 89,100,000 200,000
image-container-1 ne Leased or publication Friday -norning. Bdc=wbor 17, 1920; net earlier. St. 5191a RESOURCES ME LIABILITIES OF THE TWELVE FEDERAL nEtEiJE BAi SFKS COMBINED (In thousands ex dollars) 192b Dec. 8, 192b Dec. lo,lyc5 RESOURCES Gold with Federal reserve agents 1 i . . Gold redemption iund with U.S. Treasury Gold held exclusively against FiR.nota "old settlement, .tuna with 1: , R< Board . Gold and zold certificates held by ban;.fs Total %old reserves Reserves ot.ier than cold Total reserves Non-reserve cash . . . Bills discounted: Sec. by U.S. Government obligations Other bills discounted Total bills discounted ..... Bills bought in open market U. S. Government securities: Bonds Treasury notes . Certificates ox Indebtedness ..... Total U.S. Government seci~ritie 3 Otner securities . Foreign loans on 2old Total bills and securities Due from foreign banks Uncollected items Bank premises ... All other resources TOTAL RESOURCES LIABILITIES F._ R. notes in actual circulation . . Deposits: Member bank - res-rve account . . Government Foreign bank Other deposits Total derosits ...... , Deferred avail Ability items Capital paid in Surplus ' All other liabilities ........ TOTAL LIABILITIES Ratio 01 total reserves to deposit and 7. R, note liaoilities combined . . , o ont in -re nt liability on bills purchased lor 1 ore if,n correspondents ...... C. li^35,352 56,229 i;491,5gl 622,65b 716,480 2,330,717 1*1,331 <,952,048 51,007 321,981 240,32b 302,307 364,125 4b,428 82, a o 349,595 478,239 2,5b4 1,427,235 650 £94,699 60,14£ 13,919 5,399,706 2,353,883 6,170 6,204 26,223 2,392,480 797,018 1-4,752 <20,310 25,014 5,399,706 b9«7> 50,491 1,348,339 56,314 1,40b,653 731)402 690,338 2,528,3-3 121,060 2,949,453 48,920 342,334 256,392 604,72c 390,989 ^6,436 1 i£ , 214 148,933 3*3,583 <,3b3 1,321,80I 651 009,517 DO,125 15,71v ., c 30,971 25,798 13,459 18,361 2,288,589 604,18% 124,734 220,310 24,632 q ,0b6,237 72.1* 48,837 1,394,759 54,570 1,449,3>9 • Db4 i899 567,35c 2,701,55b l%,35& 2,809,944 45,663 343,ia 275,946 bl9,067 352,692 73,451 153,740 171,<80 396,471 3,195 8,796 1,382,223 710 252,147 bl,b07 17,632 ,Obo,237 5,209,926 1,840,132 1,803,787 1,738,230 2,2OU,797 5,954 8,398 21,356 2,300,505 £27,072 116,964 217,237 19,318 5,269,926 bg,7% 50,967
image-container-2
image-container-3
About
Date: 1926-12-17
Part Of:
Table of Contents
  • 1
  • 2
  • 3
Collections within FRASER contain historical language, content, and descriptions that reflect the time period within which they were created and the views of their creators. Certain collections contain objectionable content—for example, discriminatory or biased language used to refer to racial, ethnic, and cultural groups.
More Information
Genre:
  • government publication
  • statistics
  • periodical
Rights
No Copyright - United States (NoC-US)
Metadata
Metadata (XML)
Metadata (JSON)
IIIF Presentation Manifest
View IIIF Manifest (JSON)