View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

.form F. R . 233
STATEMENT FOR THE PRESS
Released for publication
Friday morning, Dec, ki
not earlier.

Board of Governors
of the Federal Reserve System
December 3, 19^2

CONDITION OF TEE FEDERAL RESERVE BANKS

During the week ended December 2 member b a n k reserve balances increased
$9li9000,000• , Additions *to member b a n k reserves arose from increases of $377,000,000
in Reserve Bank credit and $1^,000,000 in Treasury currency, offset in part b y
increases of $200,000,000 in money in circulation, $26,000,000 in Treasury deposits
w i t h Federal Reserve Banks, $1^,000,000 in Treasury cash, and $59 , 000,000 in
nonmember deposits and other Federal .Reserve accounts. Excess- reserves of member
banks on December 2 were estimated to be approximately $2,500,000,000, a decrease of
$20,000,000 for the w e e k .
The principal change in holdings of bills and securities was an increase of
$297,000,000 in United States Government securities, - Bonds increased $1^6,000,000,
notes $11,000,000, certificates $lj6,000,000, and bills $5)4,000,000.
Changes in member bank reserve balances and related items during the w e e k
and the year ended December 2 , I9I4?, were as follows:

Increase or decrease
since
D e c , 2,191+2

N o v , 25,
lQj42

Dec. 3 ,
191+1

(In millions of dollars)
Bills discounted.
U . S . Government direct obligations
U . S , Government guaranteed obligations
Industrial advances (not including 10 million
commitments r December 2)
Other Reserve Bank credit

9
5,H8
22
15
2Q6

1

+ 297
—

+

32

Total Reserve Bank credit
Gold stock"
Treasury currency

5,1*60
22,71*3
3,331

* 377
+ 1
+
I*

ilember b a n k reserve balances
M o n e y in circulation
Treasury cash
Treasury deposits w i t h F # R, Banks
Nonmember deposits and other F . R\ accounts'

12,3i*0
11*, 31*8
2,2JU3
9[j.
1,559

+
+
+
+
+




9I*
200
1*
26
59

3
+2,939
+
17
+

5

+ 206

+3,171
27
+ 11*3
-

333
+1*, 131
+ 6 3
- 227
- 333

form F . It. 283c
L I A B I L I T I E S
Total
F. R . notes in actual circulation
11,807,878
Deposits:
Member bank-reserve

acct.12,839,660

U.S.Treasurer-general acct. 94,231
Foreign
916,586
other
383,272
Total deposits
14,233,799
Deferred availability items 1,199,371
Other liabilities including
accrued dividends
6,000
TOTAL

LIABILITIES

STATEMENT OF C O N D I T I W OF THE FEDERAL KiiSEKVE BANKS OK DECEMBER &,> 19142.
(In thousands of dollars)
Boston K ew York
Phila,
Cleve.
Rich, Atlanta
Chicago St,Louis
Minn. Kans.Cy,
858,141 2,720,377

027,628 1 , 0 9 2 , 1 6 2

761,796

526,115 2,343,148

497,504 290*585

4 1 8 , 5 7 6 •245,096 1 , 2 2 6 , 7 5 0

710,022 4,704,929

668,204 1,044,762

537,232

447,684 1,839,471

425,390 266,165

437,666 452,973 1 , 2 5 5 , 1 1 2
- .
503
125
1,933
20,494 20,494
53,929
40,818
8,054
4,765

5&6
23,433
5,o43

37,033

436,541

2o2,6o7

739,134 5,431,115

114,989'

247,930

652

1,601

313
759
67,341
65,014
5,339
72,793
742,2521,183,328
79,674
'

26,781
-_.53,699

9,430
10,949
•2,374
2,300

53,496
56,651
7,070
15,236

830
86,215
5,216
4 7 6 , 4 0 3 1,931,732

561
21,200
12,994

493

15,547

11,099

4 6 o , 145 2 0 3 , 3 0 9

516,717 473,357

1,351,792

44,527

192,746

61,59 5

26,68 0

53,215

45,534

^0,234

561

429

303

643

160

150

491

226

420

364

1439,945 1 0 4 7 , 3 5 3 4 , 4 6 3 , 3 1 9 1019,404 610,724

15,172

14,352
14,346

4,393
3,759

5,218

11,751

579,460

539!
24,734
3,451

93,260

2 7 , 2 4 7 , 0 4 8 1 7 1 2 , 9 1 6 8,451,073 1 6 4 9 , 9 1 3 2 , 4 1 9 , 9 3 3
145,453
157,502

541
31,094
10,543

143,937

CAPITAL ACCOUNTS

Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts

Dallas San Fran,

1,007

5,351
5,236
3,244
2,266

5,174
5,724
713

16,065
22,925
1,429

2,534

9,064

4,525
4,966

530
2,240

3,072
3,152

1,000
2,711

983,999 769,213 2 , 6 6 9 , 1 9 6
4,712
3,613
1,137

2,259

4,451
3,976
1,263

2,113

12,020

10,792
2,121
3,364

CAPITAL ACCOUNTS
2 7 , 6 3 0 , 4 8 3 1 7 3 9 , 0 9 9 3 , 5 3 3 , 5 2 6 1634,.9^3 2 , 4 5 5 , 4 1 1 1 4 5 6 , 5 4 2 1061,543 4 , 5 1 7 , 3 0 6 1 0 3 1 , 6 6 5 620,659 1000,720 731,021 2,697,493
Commitments to make industrial
advances
10,769
233
.313
1,49 1
455
1,210
13 5
94
1,668
—
1,006 —
4,159
F.R. notes outstanding
12,266,487 399,3302,029,935
3 5 6 , 0 5 2 1 , 1 2 6 , 1 9 7 7 3 9 , 3 3 5 5 5 4 , 1 6 1 2 , 3 3 9 , 1 1 6 5 2 3 , 4 5 7 297,457
4 3 0 , 9 9 7 2 6 6 , 0 4 1 1,299,409
Collateral for F.R.notes
held b y F.R.Agents:
Gold certificates
1 2 , 3 3 6 , 0 0 0 912,000 2,865,000 860,000 1 , 1 3 0 , 0 0 0 762^000 560,000 2,410,000 500,000 300,000 44o,ooo 273,000 1,324,000
j-iligible paper
4o
620
45
3,865
3,135
25
U.S.Gov't securities
40,000
50,000
90,000
MATURITY DISTRIBUTION

Total
Bills discounted
9,005
Industrial advances
14,977
U. S . Government securities,
direct and guaranteed
5,139,865




Tiithin
15 days
3,760
3,575

62,265 .

16 to
30 days

3 1 to
60 days

61 to
90 days

2,545
346

1,075
432

1,625
2,238

80,669

189,406

454,002

OF B I L L S

,

,J-TD

SECUKITISS

91 days to
6 months

6 months
to 1 year

1 to 2
years

2 to 5
years

596

1,247

892

651

161,875

471,074

295,575

1,234,564

1 / After deducting $429,092,000 participations of other Federal Reserve Banks.

Over
5 years

2,140,435

Form F . k . 233a
Released for publication Friday morning, December I4, 1QU25 n o t earlier*
- STnTSLiENT OF CONDITION
Or THE TWELVE FEDERAL RESERVE BANKS COLB.-.I'ED
(In thousands of dollars)
Increase or decrease
since
Dec. 2,
I9I4.2

N o v . 25,
I9i|2

Dec. 3,
19U1

A S S E T S

Gold certificates on'hand and •
due from U . l>. Treasury
Redemption fund - F . R. notes
Other cash
Total reserves
Bills discounted}
Secured b y U .
Gov't obligations,
direct and ^uar^nteed
Other bills discounted
Total bills discounted
Industrial advances
U . 8. Government securities,
direct and guaranteed:
Bonds
rotes
Certificates
Bills
Total U . S . Government securities,
direct and guaranteed
Total bills and securities
Due from foreign banks
F. K.notes of oth^r banks
Uncollected items
Bank premises
Other assets
TOTAL ASSETS

20,554,613
18,090
231,166

-

3
730
4,723

20,803,969

-

5,461

+

1.597
2,594
5,OQ7
' 906
•

4,005
5,000

-

9,005

1,210

- .1,210

+
+
+

858
. 2,580
3,438

14,977

235

+

5,173

' 2,559,437
1,363,337
731,724
435,367

+136,231
+ 11,259
+ 45,324
+ 53,795

+1,152,637
+ 586,037
+ 791,724
+ 435,367

5,139,865

+297,109

+2,955,765

5,163,347

+295,664

+2,964,331

—

4737,572
1,495,334
4o,o62
39,752

•

•

- 1,060
+206,449
. 59
+ 8,228

+ • 6,100
+ 485,168
947
+
4o,i84

27,630,433

+503,76!

+3,493,980

11,307,373

+191,615

+4,077,741

12,839,660
94,231
916,536
383,272

•
-

338,396
226,276
91,345
217,931

14,233,799

+ 94,094
+ 25,862
+ 9,463
+ 57,736
+187,205

-

873,998

1,199,371

+124,844

+

278,734

6,Q00
27,247,048

279

L I A B I L I T I E S
F , R . notes in ^ctual circulation
Deposits:
Member bank-reserve account
U . S . Treasurer-general account
Foreign•
Other
Total deposits
Deferred availability items
Other liabilities including
accrued dividends
TOTAL LIABILITIES
C A P I T A L
A C C O U N T S
Capital 'paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts
TOTAL LIAB.LITIES AND CAPITAL ACCOUNTS
Ratio of total reserves to deposit
and F, R.note liabilities combined
Commitments to make industrial advances




145,453
157,502
26,731
53,699
27,630,433
79.9>i
10,769

+503,335
+

964
+3,433,441

9

4,172
437

367

+
5,934
+3,493,980

•

4

- -

+

_ +503,761
+

1.2°/*
233

11,2%
4,102

Form F .

233b
STATiSI-IBNT OF CONDITION-OF THE'FEDERAL RESERVE BANKS ON DECEi.:,ER 2 , 19^2 •
(In, thousands of dollars)

A S S E T S
Total

Boston

New York

Phila*

Cleve.

Rich.

Atlanta

Chicago St.Louis.

M i n n . Kans.Cy.

Dallas San F r a n .

Gold certificates on hand and due
from U . S . Treasury
20,55lj,6l3 1186,513. 6,847,466 1168,505 1,791', 1*16 9 6 0 , 9 1 5
Redemption fund-F.R.notes
18,090
1,436
1,474
,478 • 2,719
1,179
Other cash
231,166
20,190
50,928
19j252
14,708
n,843

756,734 3,603,564 651,535 4 3 3 , 4 9 5
230
1,799
287
251
13,512 . 24,105 _ _ 1 5 , 4 3 4 _ 7^263

'669,633 500,550 1,964,287
uc
431
7,362
7,740 12,284
33,907

Total reserves

750,485 3,620,468

677,808 513,265.2,005,556

20,803,869 1208,139 6,899,868 1181,527 1,811,146 9 7 8 , 3 4 2
Bills discounted:
oocured b y b . S . Gov't obligations,
direct and guaranteed
620
• 140
3,135
25
4,005
Other bills .discounted
2
,
1
2
5
46o
220
480
5,000
Total bills discounted

9,005
lit,977

Total bills and
securities
Lue fr6m foreign Jbunks
F.R.notes of othor bunks
Uncollected items
Bank premises
Other assets
TOT^L ASSETS




175

610

45
150

110

40
145

145

380

5,260

1,100

600

245

175

610

195

110

185

145

330

621

5,051

797

720

532

113

61

381

2,072

132

4,035

644,794
343,464
196,933
140,739

193,547
103,094
59,115
33,045

224,659 170,346 122,046
90,737
69,013
119,669
68,617 * 52,028' 37,2*76
13,508
30,468, • 22,287

316,559 122., 572
651,292'
168,6^3
37,437
96,686
6 5 , 9 1 7 ^ .19,376.

385,120 1,325,935

338,301

443,413' 335,393

647,785

—

industrial u d v ^ c o s
462
b . S . Government s e c u r i t i e s ,
direct and guaranteed:
Bonds
2,559 , 437 195,600
Notes
1,363,337 104,187
Certificates
59,742
781,724
Bills
. 4 3 5 , 3 6 7 ' 25.591
Total U . S . Gov't securities,
direct and guur^nt-od
5,139,365

707,256 441,009

•

5i 163,847

385,532 1,331,816

' 47
37,572
1,495.334
40,062
89.732

3
1,061
135.174
2 , 726
6/414

1 / 18
3,779
315,785
10,305
21,955

394,95?
• -5
1,431
95,518 •
4,791
6,769

68,501
36,49.0
20,9.22
ioy?<£

126,088 104,691
67,162 55,763
38,511 3 1 , 9 7 6
1.7,19.7 -.13,697;

270,034
143,333
82,476
J
7
_530
J
i

244,677 136,875

243,953 206,132

533,928

444,810; 536,363. 243,5.50

643,508. 244,933 .137,366

2 5 1 , ^ 1 5 206^409

533,343

2
43,796
'1,853 '
184,605 124,014
4,336 - 3,051
5.,974
3,657

6
3,626
222,134•2,922
11,142

242,843

-

2
3,934
" 57,503
1,940
4,134

:: 1
2,926
'70>253
2,113
4,^83

* ,

1,049
37,372
1,312
2,551

1
.3,-701
60,738
2,808
4,4&9

1
1,367
55,243
• 1; 060
3,671

4
4,049
136,990
2,693
9,853

27]630,483 1739/099 8,533,526 1684,993 2,455,411 ; 1456,542 1061,548 4,517,306 1031,665 620,659 IJOO,7?O 731,021 2,697,493
•Less than $500.

l / After deducting $29,000 participations of other Federal Reserve B a n k s .