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 FOE THE PRESS
hvleased : for publication
Friday morning, Feb. 11;
not e a r lie r ,
•

.'ioard o f Governorso f the Federal Reserve System
February 10, I9M1

CONDITION- OF-THE' FEDERAL RESERVE BA'JKS

-

Luring the week ended February 9 : member bank reserve balances decreased
$365«000j 000« Reductions in member bank reserves arose from decreases o f
$621,;00,000 in Reserve Bank cre d it and_$7U,00',000 in ~old sto c‘: and on increase
*>f $52, 000,000 in money in c ircu la tio n , o ffs e t ’ in part by decreases o f
$7*000,000 in Treasury cash and $167,000,000 in Treasury deposits with Federal
Reserve Banks and $210,000,000 in nonmember deposits and other Federal Reserve
accounts. Excess^reserves of member banks on February 9 were estimated to be
approximately $1, 550*000, 000*, an increase o f $10, 000,000 fo r the" week.
There, was a decrease of $612,000,000 in holdings o f United States Government
s e cu r itie s ! b i l l s decreased $£¿*0 , 000,000 and notes $11, 000, 000; while c e r t ific a te s
increased $39*000,'000-and bonds £1,00',-,QOO> • •
A few changes have been made -in the captions, used in the statement, the
prin cip al one o f which is the showing of discounts and advances in a single item,
The same d eta il as heretofore w ill continue to be shown in the monthly Federal
Reserve B ulletin, •
Changes., in member bank reserve balances and related items during the week
and the y^ar ended February 9 , l 9W l»'WGre as follow s:

Increase' or decrease
since
Feb, 9 ,
• l9Wi
.•'‘

Feb., 2,
I9W1
.

Feb, 10;
19U3

(In m illions o f d ollars)
U, S, Govt, secu rities ( i n c l , guar. sec;.)
Loans, discounts, .and.advances
Vther Reserve Bank cred it

1.1., .16? •
. 32
309

Total Reserve Bank cred it
Gold stock
Treasury currency.

11,511 '
21,336
hrt OJ-U

Member' bank reserve balances
12 , J:32
1.1 one y in circu la tion
20,536 '
Treasury cash
2>315
Treasury d ep osits’ with F, R,* ' Banks
‘ ■■" 9 ■
li'mrc.ambor deposits and othur F, R, accounts 2,0U3




-612
.2
8.
621
- : 71*'
•.+ . 1.
- 365
♦ 52

. 7
' - 1-67
- 210

+5,1*50
+.
5
+ ‘ 73
+5.523

+

8.06
205

- . 265
+V?33
+ 106
+

272
570

STATEMENT OF C^NDITiON OF THE FEDERAL RESERVE BANKS ON FEBRUARY 9 , I9W4
( In thousands o f d o lla rs)
P hila. '
Cleve.
Rich. Atlanta
Chicago St.Louis
Boston New. York
Minn. Kans.Cy.

Form F. R. 283c
L I A B I L I T I E S

Total

Federal Reserve notes
17,081*,973, I I 56, 525 3, 7 ^ ,2 3 5 1160,61 4u l,520,188 1139,317 969,281 3, 211*,933 732,015 389,021 625,979
•
Deposits*
p
f- ;
Member bank- re serve account 12,1*82,352 6ll*,60l* 1*, 021,703 620,861i" 986,1*1*0 551,265 558,192 1,907,927 liii6,l*06 283,163 '589,959
U.S.Treasurer-general acct.
1,211*
Ui8
•1,056
721*
572
1,136
107
8,1*19
1,067‘
179
189
Foreign
’
1, 521*,936 101,109 l / 6lli,796 131,1*91*
127,206
1*1*, 308 31,1*1*1*
1*5,737 . 177,231
57,171
1*1,1*1*9
other
181,71*2
1*,161 . 61,897
13,068
li, 030
11,15213 ,h k Y 12,305 • 2,623
7,735
9,279
Total deposits
ll*»197f l*i*9,. 721,088 1*, 699,120 763,958*1,127,770 612,573 6ll,8ii3 2 , 095,009 505,293 327,979 63b,220
Deferred a v a ila b ility items
1,233, 1*88
2l|2,3li8
62,609 25,898 ; .79,b71
8ii, 727
77,065 ; 178,933
67,689
92,31*1
135,989
Other l i a b i l i t i e s including
accrued dividends
223
521i
518
7,561
808
190
561*
: 178 : ’ 2,321
1,373
307
TOTAL LIABILITIES
32,523,1*71 19^2 , 86b 8,712,076 1992, 809- 2,781*,511 181*1*,1*51*. 1658, 1*96 5,^89,683 1300,107.71*3,076-131*1,991
Capital paid in
57,616
155,9^2
6,260
li', 766
11,781*.
9.851
5,070
15,81*9
18,077
5,5iii
3^389.
Surplus (Section 7)
16,026
26,1*90 . 6,330
188,097' ' 13,206 * 70,012
5,236
17,859
5,725
3,669
' l*,55l*
Surplus (S ection 13b)
7,092
¿*,¿21
3,290
53q; 1,000
26,965
2,871*
1,007
• 1,1*29
1,137
7li9
Other capital accounts
1*,656
2, 69b
3,296
63,1*1*1
3,56113,907
3,837
7,871
3,131
I* ,169
io,*i5b
«
TOTa L LIABILITIES A.ND ‘
CAPITAL ACCOUNTS
32,957.916 1991,926 8, 860,703 2030,710 2,325,261* 1863,896 l67l*,653 5,.5l*5,833 I3ll*,l*27 7.5b, 695" 13 56, QbS
•
Commitments to make in dustrial
10,282
2,229
loans
" ---■
700
100
670
—
, 3,000
$
316
.

£. R. notes outstanding
C ollateral for F.R.notes
hold by F.R.Agents:
Gold c o r tific a te s
iilig ib le paper
U.S.Govt, secu rities

17,707*861 1197,-262 3, 905,669 1185,685 1,560,758 1182,387 1016,571* 3,279,528
-■ ‘
,

13,036; 300
19,081
U,923,627

761,000 3 ,3li0, 00& 715,000 1,165,000
1,825
111,268
2,978
li50,000
600, 000. 1*75,000
1*00,000

775,000
—

mm

.

mm mm

li 50,000

.Discounts and advances
Industrial loans
U* S„ Govt, se cu ritie s.
( i n c l , guar, s o c .)



22,1*51
9,939

'

Within
15 days

16 to
30 days

31 to
60 days

61 to
90 .days;

11,338
8,130

6,120
398

2,910
25

2,083
200..

«

•

1*15,91*0 1,991,995
r
511,726 1,350,103
1,696
31
111,51*2
: 1*1,1*1*9
37,901*
• 1*, 11*5
557,351 1,51*1,21*5
lió, 586
139,832
• 158

397

1019,935 3,673,1*6?
1*, 761
li, 831
1,307
2,833

13,005
l b , 159
2,129
3,332

1033,667 '3,706,091*
690 •

2,579

lil*6,51*1*. 2 , 122,079

,

750,000 2 , 530,000 ..1*00,000 230,000
■
’■ --.
10.
790,000 ' 388,627 175, oqo
300,000

MATURITY DISTRIBUTION OF. LOANS*AND SECURITIES.
Total

763,979 396,389' 651,007

Dallas San Fran.

91* days to'
6 months
136

„

1*10,000

311,000 1, 61ì9,000
«toA

—

250,000

150,000

500,000

.

1 to 2
6! mpnths
years
to 1 ye&r
•
- - _*
IO6
. 373 j»
0

550,61*0
1,028,850- li77,300
3, oil*,835
1, 899,970
11,169,063, 1,338,717 . 1,128,017
*>
l / A fter deducting $909,02ii,000 participation s o f other Federal Reserve Banks.

2 to 5
years
71
\
500,.€21

Over
5 y-oars
- -

1,230,713

Forn F. K. 285a
Released for publication Friday morning, February l l );l9bbj not earlier,.
STATEMENT OF CONDITION
OF-THE TWELVE FEDERAL RESERVE ‘BANKS COMBINED
(In thousands o f d o lla rs)
Increase or decrease
since
Feb. 9/
; . 19bb .

Feb. 2.,, '
I9bb

Feb. - 10,
f 19b3

*19^ 17,573
262,893:
350,77620, 031,2142

- 65, 002.
- .2,221
- 6,595
- 71,618

.-1 .025,70b.
+ 223,287
- . b2,628

-

+

ASSETS
Gold c e r t ific a te s on hand and
due fron U. S. Treasury
Redemption fund - F. R. notes.
Other cash
Total reserves

22,Ij51
9,959

I,b76

- . 8bo,ob5

Discounts and advances
Industrial loans
U. S. Govt, secxjritiess
B ills
C ertifica tes
Kotes
Bonds
Total Ü. S. Govt, secu rities
(ir ic l. guar, s e c .)

11, 169,065

-611,530

+5,b50, 132

Total loans and secu rities

n ;2 o i,b 5 5

- 615, 01b

+5,b55,077

Due from foreign banks
F. R, notes o f other ,ba.nl$s
Uncollected items
Bank premises
Other assets

156
51,699
' 1,5U2;618
55,112
65,656

5,973,099
2 ,:587,0b0
:933,200
1,675,73b

TOTaL ASSETS

.9,093
b ,lb 8

+b,Sb6 ,696
-6b0,27b
+ 58, 000. . +1, 77b,165
- 10,800 ‘ '-= 30b,235
- 866, bbb
+ 1,556

1,95b

+
89
♦
35,162
+ 51I .889
b , 08b
r
25,569

32,957,916

• -860» 816.

+b,955,719

17, 08b ,973

+ b5.l69

+b,639,b2l

- 2,917
■-I75;2'ei
+

L I A B I L -I T I E S
Federal Reserve notes
Deposits t
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
*
TOTa L LIABILITIES
c a p i t a l
J*

-56b,b77
-166,222
- 3 3 ,5b6
,-175,651
-739,396 •

7,561
3;2, 523,b71

♦
' 297*
-361, if 52'

-167,022

+
-

26b, 525
271,92b
719.030
225,309
. b2,728

+ 21^2,038
+ • 3,'bib
. +b,892,195

a c c o u n t s
r

,

1

-

.

J-

i" 1

Capital paid in
Surplus (Section 7)
Surplus (S ection 13b)
Other capital accounts
TOTAL LIABILITIES A*TD: CAPITAL ACCOUNTS
Ratio o f to ta l reserves to deposit
and F. K. note l i a b i l i t i e s combined
Commitments to make industrial loans




12,1*82,3.52
B,bl9
i ,5 2b,936
181,7b2
l b , 197,bb9
1.233,b33

155,9b2
108,097
26*965
65,bbl
52,957,916
6b.cyo
i10,262
ono

+

• Ib9

3
+
b90
-360,816
+
+

1.1%
l1

+
+
+

9*170
27,686
136
6,532

+b ,955,719
-•

lb.b°/o
335

Form F. R. 283b
STATEiJENT OF CONDITION ©P'THS FEDERAL R333RV3 .BANKS ON FEBRUARY 9 , 19kk
( I n .thousands o f d o lla rs)
a -S

S STS
Total

Boston

New York

Phila.

Cl§ve^

Rich.

Atlanta

Chicago St.Louis

Gold c e r t ific a t e s on hand and
.
.
.
due from U.S. Treasury 19,1*17,573 1061,566 5# 138»960. 1112,092 1, 622,963 1096,017 1023,1*79 3.610,1*32
hodemption fund - F.R.notes262, 893
22,995
1*0,820
21*,30k ‘ 20,330
22,926
18,236
39,075
other cash -•
350,776
3k,¿57
90,695
26,119
27,508
19,651
2o,8l*l
1*3,195
Total reserves
Discounts and advances
Industrial loans
U. S. Govt, s e cu r itie s :
B ills
C ertifica tes'
Notes
Bonds

20,031,21*2 1118,619 5, 270, 1*76 1162,511* 1, 670,851 1138,59k 1062,556 3, 691,702
2,978
3,981

20
330

5,973,089 3kO,853 2, 079,208
2 ,5 8 7 ,OkO 198, lk 6
575,199
933,200
207,1*36
7i,k75
1,675,73k 128,31*6
372,579

359,k3o
201,862
72,317
130,756

k i5,7 k i
283,336
102,1*03
183,883

Total U«S, Govt» secu rities
( in c i. guar« s e c«)

1,825
38k

lk ,268
123

22,k51
9,939

..

*

’

—

227
252,310
173,050
62,1*21*
112,095
*

. . .

50
113

1,800
k

Dallas San Fran.

716,1*38 393,753
19, 521* 8,573
13,899
8,597

760,535
12,153
12,585

525,01*2.2,356,21*5
9,671
25,236
10,577 . 1*3,053

71*9,911 1*10,923

785,273

51*5,290 2,1*21*,531*

197

30

1,000
12

500
1*,1*83

137,6k7
81,968
29,567
53,09k

201,191
13k,863
k3,6k7
' 37,35k

177,022
121,267
1*3,7k3
7 8 ,5k9

51*5,908
267,652
96, 5U7
173,368

.

, .

10

- -

—

203,081 1,032,939 227,35?
278,056 126,971
lkk, 120
100,302
51,988
k5,S0l
32', 21*5'
130,'
i
l
l
‘
93,35k
*

. lvdnn«. Kans.Cy.

.......................

.

,

.

;

117169,063

733,820 3 ,23k ,1*72

76k, 865

985,913

599,879 ' k92,5k3 l,5 9 l,k 0 8

k82, 376 302,276

k72,055

k20,531 1,083,375

ll,201,k53
▼
Duo from foreign banks
136
^‘.R.notes o f other banks
8Î .699
Uncollccted items
I,5k2,6l3
Bank premises
35,112
Other assets
65,656

7k l,029 3, 21*8,863

771,821*

986,313

600, 106. k92,706 1,593>212

k82,886 302,1*73

k72,085

k2l,593

k
k,303
87,866
2,726
3,291

k
3 ,H 5
59,6ko
956
3,069

Total loans;and
secu rities

TOTAL ASSETS




10 ‘
1,393
12k, 6k3
1,661
k,572

1 / k913,867
303,257
9,101
15,090

12
12
*6
k
2,925
12,726
7,285
2,189
153,326 10k ,335 106,917
86,065
3,588 .
.1,650
k„20k,
.2,929
k
,700
k,518
.3,535
7 ,6 3 3 .

17
8,355
2k2,5io
2 ,9 k l:
7*096

k
5,137
71,232
2,062
3 ,ik 5

• 3
3,036
3k, 726
1,278
2,256

,

•

11
16,818
167,601
2,016
6,751

32, 957,916 1991, 926' 8; 860, 703 '2030,710 2 , 825; 26l* I863, 89*6 167k,653 5,5k5/833 '131k,k27' 75k,^ 5 Ï356,0k8-1033,667 3^706,09k
l / A fter deducting $87,000

participations o f other Federal Reserve Banks.