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Form F.R. 283 STATEMENT FOR THE PRESS Released fo r p u b lica tio n Friday morning, Dec. 21j not e a r lie r , Board o f Governors o f the Federal Reserve System December 20, 1945 CONDITION OF THE FEDERAL RESERVE BANKS D u rin g th e week ended December 19* member bank r e s e r v e balan ces, in c r e a s e d $ 2 3 7 ,0 0 0 ,0 0 0 , A d d it io n s t o member bank r e s e r v e s a ro s e fro m in c r e a s e s o f $593*000,000 in R e s e rv e Bank c r e d i t , $ 21 ,0 0 0 ,0 0 0 in g : l d s to c k and $ 9 ,0 0 0 ,0 0 0 in T r e a s u r y c u rre n c y ,- o f f s e t in p a r t * b y in c r e a s e s o f $ 1 8 7 ,0 0 0 ,0 0 0 in money in c i r c u l a t i o n , $ 2 0 ,0 0 0,00 0 in T r e a s u r y ca sh , $ 91 ,0 0 0 ,0 0 0 in T re a s u ry d e p o s it s w it h F e d e r a l R e s e rv e Banks a n d '$ 8 8 ,0 0 0 ,0 0 0 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 b a n k s 'o n December 19 wore' e s tim a te d t o be a p p r o x im a t e ly -$1 , 14.5 0 , 000, 000. H o ld in g s o f l o a n s d i s c o u n t s and advances in c r e a s e d $4.8,000,000 and o f U n ite d S ta te s Government s e c u r i t i e s $ 1 7 5 ,0 0 0 ,0 0 0 , The in c r e a s e s in h o ld in g s o f U n ite d S t a t e 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 $,n2 ,0 0 0 ,0 0 0 in c e r t i f i c a t e s , $ 79 ,0 0 0 ,0 0 0 in b i l l s and ? i 4 , 0 0 0 ,J00 in n o t e s . 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 19. 1945» w ere as f o l l o w s : item s d u rin g th e week In c r e a s e * r d e c re a s e s in c e Dec,- I 9 , 1945 12, 1945 Dec . ( i n m il l i o n s D ec. 20. 1-944 o f d ,o lia r s ) U. S. Government s e c u r itie s Loans, discounts and advances Other Reserve Bank c r e d it 23,668 362 827 + + + 175 48 •369 +4.659 + 138 - '5 3 T ota l Reserve Bank c r e d it Gold stock Treasury currency. 24,^57 20,066 4.326 + + + 593 21 • 9 +4.744 - 580 + 199 Member bank reserve balances Money in c ir c u la tio n Treasury cash Treasury deposits w ith F*R. Banks Nonmember deposits and other F*k#accounts 15,906 20,557 2,208 718 1,730 + + + + + 237 137 20 91 88 +1.948 +3.277 81 : - 532 - 249 F'oraj F. R» 233c L I A B I L I T I E S Federal Reserve notes STATEMENT OF CONDITION OF THE FEDERAL RESE WE BAMS ON DECEMBER 19, 1945 (I n thousands o f d o lla r s ) T otal 2^ , 663,200 1487 »174 D eposits: > kexnber bank-reserve - a c c t. 15 ,905 *93k I' •S.?re*asurer-general a c c t • 718 ,21+0 Fo re i gn 8k b ,008 459,582 Jthe r Total deposits 17,907,761+ Deferred a v a i l a b i l i t y item s 1,887,526 Other l i a b i l i t i e s includin cr accrued dividends 11,906 TOT/A L IA B IL IT IE S Capital paid in Surplus (Section 7) 'Surplus (s e c tio n 13'c) Other c a p it a l accounts Boston 698,302 63,916 New York 5 ,3 7 5 ,2 4 -6 4 ,8 3 0 5 3 ,7 99 3^6 ,776 1 7 7 ,9 2 6 . P h ila» Cleve. 1636,938 2107,008 778,010 1 1 7 3 ,3 6 3 Rich* 17 4 .9 »678 8 1+ 9 ,7 6 7 1+ 3 ,0 7 .4 69,319 33,1+ 6 4 - 8o 3 ,7 3 3 7 ,1 7 1 5 ,713.755 566,554 713 , 3,140 836,813 1300,120 11+0,320 178,070 824 1,185 2373,063 610,315 150, 651+ 37,641 27,887 103,580 2 3 ,9 0 3 3 »914 10 , 01+ i 3 3 ,17 9 391,063 35,163 18,326 3 8 ,3 1 2 70 10.6 1+ ,658 806,015 148,283 548 Minn* Kans.Cy. 551,921 7 3 3 ,3 2 1 3 4 ,9 5 9 , 819,663 161,062 -,136 Chicago St.Louis 1062,871 14-94 72 i+ » 1 9 1 / 3 3 5 ,1 7 3 . 3 19 , ° A tlan ta 4 i+ 3 7 ,3 6 3 803,U3U 2660,476 127 ,061+ 290,999 520 1,846 2 ,3 5 0 911,270 Délias SanFran*6 2 6 ,4 .1 0 3 2 2 3 ,18 5 26,689 23,903 1+81 74-5,804 2003,150 34 -,6 1+ 6 25 , 4 - 9 3 23*903 60,635 1 ,-365 1+9,161 796 ,563 2147,592 73,585 194,446 7 9 3 *41+6 681,905 80,302 446,902 56,596 844,521 90,447 415 419 459 1,596 445 41+^+70,396 2468,612 11 ¿ 53,695 2661+,900 3536,383 2704,524 2425,154 7590,684 1325,491 1035,338 1846,697 1496,799 5506,619 174,993 228,153 27,165 150,956 10,622 15,239 2,880 9,436 62,21+7 84,903 7,143 33,494 13,058 19,872 4,468 10,768 17,580 19,071 1,007 16,558 7,151 7,813 5,290 9,647 6,526 7,936 762 8,277 20,c34 55,201 1,429 21,944 5,549 7,048 527 7,560 5,787 4,95-0 1,075 5,4-71 5,728 . 6,196 1,137, 7,227 5,970 6,025 1,507 6,253 16,291 15,899 2,142 14,356 TOTa L LIABILITIES C A P It a l ACCOUNTS Commitments to.make in d u s t ria l loans 1+5 ,051,663 2506,78 9 11 ,646,1+82 2715,066 364.0 ,599 2752 ¿2 5 2448,455 7467,842 1845,975 1051,119 1366,985 1516,359 5615,787 2,970 161+ F* R. notes outstanding 25,528,778 1525,720 C o lla t e r a l f o r F. R* notes held by F*. £. Agents: Gold c e r t i f i c a t e s 10,583,000 460,000 E l i g i b l e paper 303,930 12,985 U. S. Govt* s e c u r it ie s 15,311,069 1100,000 T o ta l Discounts and odcvances In d u stria l loans U. S. Govt, s e c u r it ie s 359,855 2,255 23, 668, 061+ — - 1 ,779 500 JOG — — — 5 ,528,203 1693,003 2177 ^506 1795,857 1565,305 4556,461 1117,918 16 to 30 <lays 242 185 565,468 946,055 662,682 5596, 641+ 500,000 . 170,000 — 15,450 386,069 1+00,000 n ss LOANS AND SECURI' I TY DISTRIBUTION OF matur : 280,000 14,-300 700,000 169,000 161+9,000 11,200 500,000 1900,000 3 ,120*000 ' 1*90,000 630,000 645,000 — 7 »810 238,635 3,550 2 ,400,000 1200,000 1550,000 1175,000 W ithin 1-5 days — 31 to (SO days 61 to 90 days 680,000 1990,000 ---— -, 900,000 2600 ,£>00 91 da.ys to 6 months i5 months to 1 year 1 to 2 years 2 to 5 ¿■ears ------_ _ _ 14,810 37,900 301,855 5s,290 . 1 70 4 15 13 2,135 4 15 — .859,090 507,652 1,831,480 5,434,376 3,386,981 1+, 812,01+5 ,750 1 +, 2,115, l / A f t e r deducting $508,34-1,000 p a rtic ip a tio n s o f other Federal Reserve Banks, Ova]r 5 years — — 690,690 Form Fi R, 283& Released fo r p u b lica tio n Friday morning, December 21,1945,1 not e a r lie r STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED ( I n thousands o f d o l l a r s ) In c r e a s e o r d e c re a s e s in c e Dec. 20 1944 Dec, 19, . 1& 5' Dec# 12, 1.945 G«ld c e r t if ic a t e s Redemption fund fo r F,R. notes- 17,067,565 795,386 - 47>5oo + 19,3-64 + 321,800 207,660 T o ta l gold c e r t i f i c a t e reserves 17, 862,951 - 28,136 - 611;, ll+O Other cash 216,125 - Discounts and advances In d u s tria l loans U. S. Govt,- s e c u ritie s s B ills C e r t ific a t e s Notes Bonds 359,855 2,255 + 1+8,205 1 44 + T 12, 1486,061 3,115,461 2,119,650 ' 946,392 + 79*451 + 82,„00 + Hi, 000 + 787#842 +3,605.321 + 562,429 * 296,534 T o ta l U. S.’ Government s e c u r itie s 23,663,064 +175,451 +4,659,058 +223,612 Due from fo re ig n banks F. R. notes o f other banks U n collected items Bank premises Other assets 21+, 030,17U 110 131,308 2 ,71I+, 11+7 33/653 ■ 63,115 + 5,873 +573,971 1 “ 5,769 +4,797,486 26 + 35,053 + 120,536 625 + 9,452 TOTAL ASSETS 4 5 ,051,663 +762,543 +4,337,906 2i|, 663,200 +11+6,905 +2,983,514. 15,905,934 718,21+0 844,008 ¿+39,5°-2 +237, 21+2 + 91,231; - 41,794 +121,683 ■+1, 947,490 - 532,175 - 356,279 + 18,416 -'17,907,761+ +408,1+15 +1, 077,452 1,887,526 +20!+, 957 + 173,803 ro 0 V>l A S S E T S + 260 T o ta l loans and secu rities* 7,002 • - 9f 830 142,397 3,969 Federal Reserve notes Deposits s Member bank - reserve account U. S, Treasurer - General account Foreign Other T o ta l deposits Deferred a v a i l a b i l i t y ifc6ms Other l i a b i l i t i e s in clu d in g accrued dividends TOTAL LIABILITIES C A P I T A L A C C OUN T S C a p ita l paid in Surplus (Se.ction 7) Surplus (S e c tio n 13b) Other c a p ita l accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS R atio o f £old c e r t i f i c a t e reserves to d ep osit 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 l^ans 11,906 i+1+,1+70,396 174,993 228,153 27,165 150,956 1+5, 051,663 1+2, Ofi 2,970 1 L I A B I L I T I E S +760,074 +4, 240,029 + + .+ + + 82+6 7 r - + - 1,628 +762,5U8 + 5 13,349 40,056 200 44,272 +4, 337,906 6 ,($ 1,660 Form F, R, 2C-4b STATEMENT OF CONDITION OF THE FûD'üüAL RESERVE BANKS ON DECEMBER 19 , I 945 ( In thousands o f d o lla r s ) A.S S E T S Boston New York 17, 067,565 740,103 4,894,653 795,586 59,189 124,299 17, 862,951 799,292 5,018,957 Other cash- 216,125 18,128 55,-062 Discounts and advances In d u s tria l loans U# S.G ovt, s e c u r it ie s : B ills C e r t ific a t e s Ko-te s Bonds 359,855 2,255 16,134 115 255,649 - - 12,486,061 8,115,461 2 , 119,650 946,892 * 685,501 565,582 147,723 65,991 2, 920,040 2, 038,003 532,299 237,789 Gold c e r t if ic a t e s Redemption fund fo r Fm. R# notes T otal go ld c e r t i f i c a t e reserves T otal U# S* Government s e c u r itie s T o ta l loans and s e c u r itie s C leve. A tla n ta Rich* Chicago S t,Lou is Minn. Kans^Cy. D allas St).nFran. 884,483 1116,045 1040,807 1001,862 3116,223 584,454 335 , 546 60* 083 45,950 150,520 42,997 20,145 945,617 1194,076 1100,890 5246,545 627,451 555,691 12,265 16,360 - - ' 7,-884 ; 1,081 - - 492,061 306,854 225,095 58,793 26,264 61,134 15,131 11,946 1,889 78,031 15,986 15,265 25.141 26,586. 7,989 • - 6,024 61 2,245 - - 10,055 - - 737^859 1074,723 602,798 777,722 I57,i*43 203,130 90,743 70,355 678,864 198,232 130,152 58,155 , 619,285 2222,858 407,901 1065,724 106,558 277,829 47,595 124,112 . 415,498 103,522 48,479 567,610 466,984 2, 520, 79: 55,246 26,155 • m , 8 5 7 602,856 493,139 2432,627 11,029 8,182 29,468 15,710 15 1,410 - - Ilf, 772 175 529,486 415,972 1802,778 405,360 354,151 •761,415 105,874 92,495 I 9 8 ,872 47,296 4 i;3 i9 88,-840 23, 66*8,064 1464,-597 » 5, 728,131 1568,433 2146,318 1365,361 1181,317 3688,505 1064,560 617,006 1083,016 903,917 2851,905 24, 030,174 1480,846 5,983,780 1582,268 2154,307 1371,446 1183,562 3698,538 1081,420 618,087 1103,74.1 905,327 2866,852 Due from fo r e ig n banks 110 Fm k9 notes o f other banks 131,388 U ncollected items 2,714,11*7 Bank premises 33,653 Other assets 63,115 TOTAL ASSETS P h ila . h-> s* CD »—1 ro T o ta l 7 4,866 196,640 1,559 5,451 l/ 4 o 10 4,817 IF , 589 571,167 '157,718 8,693 5,525 4,180 14,194 10 9,583 2*56,099 3,998 6,340 4 5 22,687 10,847 215,565' . 178,051 2,776 1,572 5,486 5,791 14 5 15,602 7,199 470,890 • n r , 902 5,111 . 2,063 8,558 3,674 5 5,598 62,802 1,258 1,796 5 3 7,864 : 4 ,550 156, 053. I0 l;4 3 0 852 2,597 2,396 2,844 8 25,206 255,352 1,869 5,905 45,051^665 2 506,789 11,646,482 2713,066 3640,399 2732,425 2448,455 7467,84.2 lèU5i975 1051,119 1866, 9851516,339 5615,787 l / A ft e r deducting. $70,000 p a r tic ip a tio n s o f oth er .Federal Reserve Banks,
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