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BOARD OF (X)VER!JORS OF THE FEDERAL REdEaVE SYSTEM ;(Released f o r P u b l i c a t i o n F r i d a y m o r n i n g , December 2 0 ; n o t December V), earlier) lyl+6 CONDITION QF TNE FEDERAL RESERVE BARES D u r i n g t h e week e n d e d December 13 member bank r e s e r v e b a l a n c e s i n c r e a s e d $53 , 0 0 0 , 0 0 0 , v A d d i t i o n s t o member bank: r e s e r v e s a r o s e from d e c r e a s e s of $339 , 0 0 0 , 0 0 0 : i n T r e a s u r y d e p o s i t s w i t h F e d e r a l Reserve B a r k s , $ 6 2 , 0 0 0 , 0 0 0 i n .; T r e a s u r y cash and ' $ 9 7 , 0 0 0 , 0 0 0 i n nonmember d e p o s i t s and o t h e r Fedcra 1 a d s o r v e ' a c c o u n t s , and I n e i a a s e s of." $2'7 ,*0O0,000 i n ^ o l d - s lock; and 8 3 * 0 0 0 , 0 0 0 i n t r e a s u r y c u r r e n c y , off s e t . i m p a r t by a d e c r e a s e of $F.63,000,000 i n d.esorve Bank creek ^ and an I n c r e a s e of $ 7 3 ^ 0 0 0 , 0 0 0 i n money i n c i r c u l a t i o n . E x c e s s r e s e r v e s of member banks on Decemberi13 w e r e e s t i m a t e d t o be a p p r o x i m a t e l y $750 , 0 0 0 , 0 0 0 . No] n r s 0^ l o ' n C , d i . ^ ll tw, 1 . ' o"< 1 • s j r ^ \ o . $ l 7 , 0 O C , u O 0 - R i l 1 3ldi 3 of n „ 1 u« x 0 " a a r r i r * t f- n . m . } ' r , . ^ ] /,D~u,0Co, ^ n . us1 ( v er s r h o i jj \, o d m m /* , o -n „ ° ana r ii , k a a . jf ? r / , ,0,J0o,UUJ i u r ; a a X ^/^i^.^JJu i " all:, r , - 1 1 r . op ci/,u.,u,0o0 1 n ^ r t j fi r t ^ s . v ehnmpos i n member V)ank r e s e r v o b a l a n c e s >ana r e l e t : a i t e m s e u r i n e t h o week and t h e y e a r e n d e d December 1 3 , I9I46, were as f o l l o w s : Ihcrehi.se or' doer': since Dec. IS, ; c - 11, io|,6: Dec, 19, 194 5 : ( 1 n mi 11 i on s e f d o 11 a r s ) ' d. S # Government s e c u r i t i e s ' ., Lcans , d i s c o u n t s and ad"v anc e s Oaher R e s e r v e Bank c r e d i t ' ' ' k3,;Ell 3 0l|. Bill T o t a l R e s e r v e Bank c r e d i t ! Gold s t o c k . T r e a s u r y c u r re n c y , 2l4,y28 RO,e77 1;, a el; Re mb e r b auk r es e rve b a 1 a n c e s I;! en -; - y i n c i r c u 1 a t i on Treasury cash } 'ea-'AGury d e p o s i t s w i t h F . : R. Banks : No re s c a l a r d e p o s i t s ' and o t h e ' r F..R.Recounts 16,5^7 2R, 019 2,ROD 237 1,379 917 13: ~ S3 7 13 : "" 5^9 + e /( 4- + 3 •f U1I 228 + + -4 p. + 611 73 + IX'XL '•» ex- 369 97 \ >r • * " ; ^Q eei Soi H^iu 1( a) STATEMENT OF CONDITION OF THE TWELVE FSLSRAL RESELLS ?ANKS (In coi/iBmD thousands of dollars)Increase or decrease since December 16, . I9.I4.6 December 1 1 , December,. L9* I9ii6 19U5 17,589,178 793,736 13,382,9114 250,3^9 > 302,953 579 . + + 85,002 2,312 + 87,3114 7,210 13,003. A S S E T S Gold certificates Redemption fund f o r F. ' R. notes Total ,?roId certificate reserves - Other cash Discounts a n d advances Industrial loans IT, S . 0 o v bf s e 0 u r 11 i e s • Bills Certificates Potes Bonds Total U # S, Government' securities 23,210,979 - 916,832. . Total loans and securities 23,5114,511 . - 90Ui32 Due from foreign- banks F. R. notes o f other banksU n c o I lee ted items Bank premises u t h. e r a s s 01 s 102 • -133,hoi 3,235,371+ ; 32,538 , C46,-002 TOTaL ASSETS hJL^ ]-Ll + - 553 - 39k,682 •17s 000 - 539,800 1U,655,277 , 7,a7,oi2 • 355,300 753,390 + + : 521,613 1,650 + + - 519,963 1 5h/J2h 56,902 1,676 *2 , 1 6 9 , 2 1 6 - .668,^9 - 1 ,76u, 350 193,502 U57,085 - 515,663 3,()h6 • 915,235 2 5,871; - 8 2,013 571,227 1,115 15,115 1:5,6147,691 + 90,981 +* •596,028 214,963,181 + 66,690 + 299,981 ,+ + + + + L J T x s s Fedo'ral Reserve notes Deposits: M e m b e r b a n k - reserve a c c o u n t U»S # T r G a s u r e r ~ go ne r a 1 ac c o\ m t Foreign ; Other Total deposits D e f e r r e d a v a i l a b i l i t y items Other liabilities including accrued dividends ; ** . TOTAL L I A B I L I T I E S C A P I T A L 16,516,786 ' 236,807 • y- J, ^ J > 17,523,529 2,l;71,67li; , n , 799 lilt, 975,183 A O + "+ + 610,852 - ii3i,U33 - 318,039 -• 195,615 - 38A,235 1*78,510 4- 58u,l)r3 ' 156 89,218 +* + 2,893 502,787 C O U N T S C a p i t a l paid i n , * . . ,' . 185,^43Surplus ( S e c t i o n 7) -358,555; Surp lus ( S;.,Qti on l j b ) 27.U28' Other c a p i t a l accounts 103,08-2 TOTAL LIABILITIES AND CAPITAL ACCOUNTS ^ ^ 5 , ^ 7 , 6 9 ! ' R a t i o of gold c e r t i f i c a t e r e s e r v e s t o d e p o s i t and F. R. note l i a b i l i t i e s combined U3*3% Contingent l i a b i l i t y on b i l l s purchased for f o r e i g n c o r r e s p o n d e n t s 6s'hh3' Commitments t o make i n d u s t r i a l loans 8,331' + 37,597 - 385,791 l;li,232 ^ linn '-• 1455,826 _, + + + . 385 . 1,578 90,901 + + + 10,650 130,202 263 l U7,,37ii + ' 596,028 + ,0/0 ' 28 34 + * 1.3% 6,hh3 5,361 HJi.X(b) STATEMENT-^OF. CONDITION OF THE FEDERAL RESERVE. .BANES"ON- DECEMBER 18, 191*6 ( I n - t h o u s a n d s of d ' o l l a r s ) A S S E T S Total Gold c e r t i f i c a t e s Redemption fund f o r F. R. n o t e s T o t a l gold reserves 17.589,178 Boston ' New York' • P h i l a . 7U9#851 5,521,681* .793,736.55,627. 121;,317 Cleve. Rich. Atlanta Chicago S t . L o u i s 86l*, 629 1075,673 1081,31*1* 986,^00 3092,1*20 • 580,212 61,136 . 77,721 53,505 1*6,331 136,791 Minn. Kans.Cy. D a l l a s SanFran. 333,007 561,319 U.63,6'57 2278,782 1*6,1*90 . 21,371* 3l*,Ol*6 25,027.106,371 351*,381 595,365 1+88,881* 2385,153 13,555 5,1*61* ' 3 0 , 1 2 0 . ' 20,933 ——- 16,355 Hi,370 certificate 18,382,91U 805,1478 5,61*6,001 Other cash .250,81*9 Discounts and advances 302,953 I n d u s t r i a l loans 57a U. S. Govt, s e c u r i t i e s : Bills.:: 11*,655,277 21,01*8 19,311* [jfi 1*8,621* 65,820 -— 322,OSS 551,190 26,293 '55,762 Certificates Notes . Bonds , 7,1:1*7,012 ' 355,300 : 753,390 925,765 1153,391* H39,8li9 1032,731 3229,211. 626,702 19,226 21*,675 531 17,955 1*8,378 21,312 20,31*9 3,515,122 99^,523 1391,807 793,186 1,878,171 89,608 190,008 535,21*9 25,537 5U,iu9 20,001* 13,29V 23,831* 25,815 700,698 2517,029 627,559 1*1*5,188 378,773 29,9m 21,21*0 18,071 65,1*83 1*57059 58,319 615,875 366,922 61*7,589 10,805 6,750 —_ 27,167 12,635 _— 1*1*9,268 1836,170 91*5,1*79 1*10,398 226,71*6 370,008. 372,686 1*5,109 19,580 10,813 17,651* 17,731 95,651 1*1,519 22,959 37,1*33 37,705 705,565 33,663 71,380 T o t a l U. S. Government : ,. , securities 23,210,979 11*55,338 . • . • • . 5,672,909 1609,1*58 2112,795 1309,653 1135,861 3603,268 1087,372 627,1*25 1072,6814 Total loans and securities 5,-733,729 1651*,661* 2l6l>673 :1330,002 lll*9,155. 3629,083. 1117,1*92 61*8,358.1087,051* .881*, 138 2659,1*13 23,511*,511 11*71*,700 Due from f o r e i g n banks 102 5 F . R . n o t e s of o t h e r banks 133,1*01-••' - l4->956 U n c o l l e c t e d items 3,285,371* 228,079 Bank premises • ,: 32,538 1,301 1*8,002 3,826 Other a s s e t s . TOTAL ASSETS -l/h6 •15,097: 61*6,266 8,1*77 11,11*3 7 5,968 181*,855 3,182 3,51*9 -8 1* 3 11 3 7,-817 . 30,658 l!*,l76. 15,907... 8,100 556>2io ...300,875 213,192 51*0,319 ' 162,350 3 , 8 8 6 " ' 2,693 1,529 3,061* 2,013 1*,H9 2,737 2,1*32 6,1*36 3,062 877,1*38 26^6,778 2 3 3 1*,1*37. . 7,275- ' 3,732 80,052 152,563 131*, 611 1,27!* 2,527 798 1,1*61; 2,21*5 2,219 7 ll*,278 235,502 l,79l* 1^,770 1,5,61*7,691 : 2539»393 12,115,383 2777,216 3705,062 2823,630 21*33,222' 71*52,865 1933^777 1095,1*32 1863,387 1525,21*0 5378,081* ' l/After •"deducting--$56,000 p a r t i c i p a t i o n s of. othesr .FederajL Reserve Banks. HJ+.KC) STATEMENT OF CONDITION OF THE FEDERAL RESERVE RANKS ON "DECEMBER 1 8 , ( I n t h o u s a n d s of d o l l a r s ) L I A B I L I T I E S Total Federal Reserve notes Boston 24,963,181 1492,713 Nov/ York Phlla. Cleve. Rich. Atlanta Chicago S t . L o u i s 1946 Minn. Kans.Cy. Dallas SanFran. 5,685,030 1700,386 2135,022 1789,350 1456,952 4575,352 1122,169 592,365 920,163 609,928 2833,746 767,307 5,200,897 621,809 4l8,497 781,492 765,482 2121,570 1,015 226,803 1,596 1,011 758 Deposits* Member bank-reserve a c c t . i6,516,786 U.S.Treasurer-general acct. 236,307 1,076 579 744,648 7 3 4 J i 4 235Q,4?4 500 870 496 505 1,598 42,297 47,393 23,951 19,365 68,287 17,327 12,740 16,817 16,307 42,853 525,969' * 32,883 l/l35,749 243,?67 5,275 160,160 3,301 7,345 3,173 1,667 4,574 7,953 l;6oo 1,683 1,598 45,638 17,523,529" 80b,4S0 5,773,609 859,626 1252,261 772,272 756,616 2423,831 643,685 4-33,31.03 800,750 733,892 2211,659 Foreign other Total deposits Deferred a v a i l a b i l i t y items 2,471,674 Other l i a b i l i t i e s including accrued dividends TOTAL LIABILITIES Capital paia in Surplus (section 7) Surplus (Sootier. 13b) other capital accounts 812,952 1196,9144 ; -196,027 441,558 161,563 253,881 232,682 190,706 360,382 137,676 50,995. 117,384 107,344 221,676 7*48 4,585 379 1,377 599 589 2,563 502 536 491504 1,426 . 14,799 44,973,183 2495,968 11,904,732 2722,254 3642,541 2794,905 2404,863 7362,123 1909,032 1077*744 1338,793 1501,668 5313,507 135,643 10,944 64,971 13,923 18,236 7,799 7,071 22,544 6,104 4,025 6,l49 6,831 17,196 353,355 22,439 ll6,36o 23,946 33,745 15,593 14,450 53,029 12,939 3,369 11,391 10,570 23,924 27,423. 3,012 . 7,205 4,501 1,007 3,^6 762 1,4.29 527 1,073 1,137 1,307 2,142 .. 103,082 7,050 '21,565 7,592 9,435 7,009 6,076 13,935 5,175 3,721~ 5,417 4,764 11,315 TOTAL LIABILITIES AND _ ~ CAPITAL ACCOUKTS 4 5 , 6 4 7 , 0 9 1 2539,393 12,115,533 2777,216 3703,062 2328,630 2/133,222 7452,865 1933,777 1095,432 1863,387 1525,24-0 5373,034 Contingent l i a b i l i t y on b i l l s purchased fjr f o r e i g n c o r r e s p o n d e n t s 6,Z*43 4l2 2/2,l46 535 599 503 245 863 219 l6l 213 206 54-1 Cornird truants to make I n d u s t r i a l loans F. R. notes outstanding 3,331— 25,630,096.1525,956 C o l l a t e r a l f o r F . R. n o t e s h e l d by F . R. A g e n t s : Gold c e r t i f i c a t e s : 10,94-3,000 E l i g i b l e paper U. S . G o v t , s e c u r i t i e s 1 — 1,275 1,534 37. — 382 4,265 5,324,530 1745,060 2l34,o4l 1339,633 i49e,174 4670,310 1150,862 - 4 5 5 , 0 0 0 . - 3-,4?0,000 10,015 17,435 12,615 15,275,161 1100,000 2,500,000 1200,000 Total D i s c o u n t s and a d v a n c e s Industrial loans 302,9,53 "579 • Govt, s e c u r i t i e s 23,210,979 u .. o < 540,000 106,070 ^Tvithin I 5 days .162,156 '525- 3,606,521 . 645,000 — 700,000'" . . , 605,000 2000,000 13,520 1550,000 1150,000 - — — 900,000 2700,000 — 606,079 450 945,052 155 133 639,035 2995,314 300,000 134,000 230,000 109,000 25,130 17,300 9,575 —- 4.30 425,000 700,000 500,00J 1600,000 , 950/l6l 1600,000 MATURITY DISTRIBUTION. OF "LOANS z.ND SECURITIES 16 t o 30 days 31 t o 60 days 7,l35 ™ 17,642 1 .-2,153,145 6,392,173 l/ A f t e r 2/ A f t e r 6l to 9Q d a y s 91 days t o 6 months 115,970 • 2 5,134,612 deducting $339,906,000 deducting $4,297,000 ~ 6 1,312,906 participations participations 6 months to I year 1 to 2 years 2 to 5 yea r s 4 7 34 3,557,332 320,400 143,350 of :>ther F e d e r a l of o t h e r F e d e r a l Ros/?.rv3 Reserve Bt i±s* Banks, Over 5 years 530,040
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