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Form F. R. 283 STATEMENT FOR THE PRESS Released for. p u b lica tio n Friday morning, Feb. 22; - not e a r lie r . CONDITION'OF THE Board o f Governors o f the Federal Reserve System February 21,191*6 FEDERAL RESERVE BANKS D u rin g th e week ended F e b ru a ry 20, member bank r e s e r v e b a la n c e s d e c re a s e d $ 2 0 3 ,0 0 0 ,0 0 0 . R ed u c tio n s in:m em ber bank r e s e r v e s r e s u lt e d from a d e c re a s e o f $11*6,000,000 in R e s e r v e 'B a n k c r e d i t and in c r e a s e s o f $7 6 , 000,000 -in T re a s u ry d e p o s it s w ith F e d e r a l R e s e rv e Banks, $ 6 2 ,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 es erve accou n ts and $ 17 ,0 0 0 ,0 0 0 in T re a s u ry ca sh , o f f s e t in p a r t b y in c r e a s e s o f $7 6 , 000, 000' in g o ld s to c k and $ 1 0 , 00 0,000 in ,T re a s u ry c u r r e n c y and a d e c re a s e o f $ 1 2 ,0 0 0,00 0 in money in c i r c u l a t i o n . E xcess r e s e r v e s o f member banks on F e b ru a ry 20 w ere e s tim a te d t o be "a p p r o x im a te ly $ 1 , 0 6 0 , 000, 000. Holdings of. loans, discounts and advances decreased $59*000,000 and United States (government s e c u r itie s $ 2 3 6 ,0 0 0 ,0 0 0 . The decrease in holdings o f United S tates/ ^ c u r i ^ e 13 r e fle c t s de creases o f $2 5 0 , 000,000 in c e r t if ic a t e s and $2 3 , 000,000 in notes and an increase o f $37,00 ),0 0 0 'i n - b i l l 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 item s d u rin g th e week and th e y e a r ended F eb ru a ry 20, I 9J4.6 , w ere as f o l l o w s : Increase Feb. 2 0 , Feb. 191*6 13, o r decrease s in c e Feb. 21, 191*6 191*5 (I n m illio n s o f d o lla r s ) U. S. Government s e c u r itie s Loans, discounts and advances 0th-r R.;servo Bank c r e d it 23,017 35)4 1*15 - T o ta l Reserve Bank c r e d it Gold stock Treasury currency 23,787 20,233 h,h3h + + Member bank reserve balances Money in c ir c u la tio n Treasury cash 15,1*90 27,955 2,318 9^*0 1,751 R#i Banks Ivonmeiriber deposits and other F. R* accounts T r e a s u r y - d e p o s it s w it h + 236 59 1U7 1U6 76 10 203 - - 12 4* 17 76 62 + + + 3,786 + 56 59 + 3,781* 273 + 310 + 1,1*91 + 2,303, 66 + 1*23 331 F. R. 283c L I A B I L I T I E S STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON FEBRUARY 20, 191*6 (I n thousands o f d o lla r s ) T ota l Federal! Reserve notes 2h, 151,091+ D ep osit?: Member bank-reserve a c c t. 15,1*90,106 U .S .T reasu rer-gen eral acct 9h0 M 9 808,1*82 Foreign Other .1*26,179 T otal d ep osits 17, 665,216 D eferred a v a i l a b i l i t y items 1 1,787,810 Other l i a b i l i t i e s in clu d in g accrued dividends 10,133 TOTAL LIABILITIES C apital paid in Surplus (S e c tio n 7) Surplus (S e c tio n 13b) Other c a p ita l accounts TO’TAL LIABILITIES «ED CAPITAL ACCOUNTS Commitments to make in d u s tria l loans F. R. notes outstanding C o lla te r a l f o r F. R. notes held by p. Rm agen ts: Gold c e r t if ic a t e s E li g ib l e paper U. S. Govt, s e c u r it ie s 1*3 , 6m , 253 I8 0 ,lli2 358,355 27,1*28 37,365 kh, 217,51*3 Kevtf York Boston li+51,085 P h ila . C le v e • Rich. A tla n ta Chicago St.Lou is Minn. kans .Cy. 5,285,235 l 6l l *,656 201+8,281 1695,171* 11*50,556 1*393,255 101*6,963 ;5i*8,155 D allas SanFran. 898,275 600,978 3118,501 i* ,835,663 251,567 l/29l*,370 .35I* ,1*05 761*,516 1133,91*8 81,726 9k,5 21 63,912 71,613 9,626 3,158 •697,729 1*2,876 36,191 2 , 71*6 738,1*65 2207,001 1*0,535 126,537 29,261 103,181* 3,582 3,036 591,522 33,628 26,181 10,056 379,287 1*0,019 19,251 1*,359 758,800 33,102 25,1*H 1,91*0 723,595 1976,609 39,521+ 66,795 61+,698 2k,6kl 1*7 ,618 i,ol*3 821,969 5,716,005 11*7,136 ‘ 359,687 913,312 1309,708 112 ,771 I 69,202 779, 51*2 128 ,661 811,297 21*1*0,301+ 133,958 252,187 661,387 78,861 1*1+2,916 33 ,676 819,253 97,089 795,803 2155,720 75,016 1914,566 972 531 2,065 380 1*96 1+02 677,971 89,619 1*9,769 I*, 610 2 ,1*90 517 51*9 h 31 365 935 21*20,707 11,363^*17 261*1,288 3528,165 2603,908 2396,21*2 7087,311 1787,591 1030,223 1815,019 11+70,162 51*69,722 63,985 116,860 . 7,205 5,1*77 10,731 22 0*39 3,012 2,863 13,1*22 28,91*6 14,501 2,956 18,090 33,71*5 1,007 3,257 7,1+08 15,593 3,326 2,931 6,661+ ll+,U50 762 2,682 210+68 53,029 1,1*29 1*,239 5,71*5 12,939 527 2,272 3,935 8,869 1,073 2,0ll+ 5*925 11,891 1/137 2,3148 6,256 10,670 1,307 2,321 16,515 28,921+ 2,11+2 3,955 21+59,752 11,556,91*1* 2691,113 3581*,262 2633,166 21+20,800 7168,026 1809,0714. lt)l+6,lll+ 1836,318 11*90,716 5521,258 ---- — — — — 1,559 161* 25,203,1*06 1509,81*8 5 , 50? ¿ 6 8 1692,055 2135,101 1777,1*19 1516,2U* 1*502 ,u*7 l loi* J+8 6 560,393 936,563 61*3,888 3317,071* 10,85l* ,000 230,925 15,213,879 i+60 ,000 19,255 1100,000 3,520,000 500,000 635,000 600,000 5,800 16,865 11*5,310 2,000 ,000 1200,000 1550,000 1225,000 300,000 10,000 938,379 165,000 17,500 1*00 ,000 280 ,'000 15,175 700,000 169,000 1850,000 — 1,020 1900,000 500,000 638 300 2^0 655,000 1720,000 — — 900,000 2800,000 173 79 MATURITY DISTRIBUTION OF LOANS Ai:D SECURITIES Total Discounts and advances In d u stria l loans U. S. GOvt. s e c u rit ie s 352,610 1 »75U 23,017,338 W ithin .15 days 258,1*20 1 , 561* 3 , 792,859 6 months • 1 to 2 91 days to 2 to 5 years to 1 year years 6 months ------------7,060 26,890 60, 2i*t> 11 21 3 7 83 1*7 13 360,000 1 +,325,700 l , >801,792 5,353,316 l*,5lil; ,801 2,151 ,130 l / A ft e r deducting $513»608,000 p a rtic ip a tio n s o f other F e d e r a l•Reserve Banks. l6 to 30 days 31 to 60 days 61 to . 90 days Over 5 .years ------690,690 Form F. K. ¿83& Released fo r p u b lication . Friday morning, February 22,191*6; not e a r lie r , STATEMENT OF CONDITION( OF THE TiTfflLVE FEDERAL RESERVE BANKS COMBINED (I n thousands o f d o lla r s ) Increase or decrease since A S S ET Feb. 21, 191*5' Feb;. 20, I9l|ó Feb. 15, I 9U6 17, 21*8,560 794,1*10 + 59,995 + 2 + 1*1*5,305 168,337 13,01*2,970 + 59,997 - 276,968 + 1,721* + 82,073 56,555 2,229 S Gold c e r t if ic a t e s Redemption fu n d fo r Total, gold c e r t ific a t e * R. notes reserves Other cash ^ 31|S,732 Discounts and advances In d u s tria l loans U. S# Govt, s e c u r itie s : B ilis C e r t ific a t e s Notes Bonds 352,610 1,751; - 56,1*05 + 5 + 13,097,535 7.59U.211 1,378,700 91*6, G92 + 57,151 - 21*9,500 - 25,000 -- +1, 1*81,151 +2, 677,071 - 161,021 - 191,160 T o ta l U„ S. Government secui I t i e s 23,017,336 - 255, 31*9 +3,766,021 T o ta l loans and s e c u r itie s 23,371,702 +5,81*2,51*7 Due from fo re ig n banks F„ R. notes o f other banks U n collected items Bank premises Other assets 110 ' 153,913 2 , 205,086 33,281* 63,7U6 -293,751 ... + 16, 21*5 +21*9, 65U' 22 + 9l*0 TOTAL ASSETS •+ + 6 . 80,997 219, 1+26 1,171* 1,025 1*1* , 217, 51*5 +31.735 ' ' +3, :9l*5, 670 21*, I 5I/O9IJ. - 15,1*90, 106 91*0, 1*1*9 808,1*62 h26, 179 17, 665,216 - 202,996 +1, 1*90,876 + 1423, 676 + 76,1*09 + 56, 61*9 . - 1*82,710 + 2,867 + 15,283 - 65,072 +1,1477,329 LI . - uBI LI ' TI ES Federal 'Reserve notes D ep osits: Member bank - reserve account U* S.Treasurer - general account Foreign Other T ota l deposits Deferred a v a i l a b i l i t y items Other l i a b i l i t i e s in clu din g accrued dividends TOTAL LIABILITIES C P I i A L ACC ■ +102, 01*8 • 10,133 1*5, 611*, 2 55 ' 181 +. 32,851 +2 ,»085,931* + 278,026 + 1,325 +5, 81+2, 611* 0 UNI S C ap ital paid in Surplus (S e c tio n 7) Surplus (S e c tio n 13b) Other c a p ita l accounts TOTiiL LIAB ILITIE S aND CAPITAL ACCOUNTS Ratio o f gold c e r t i f i c a t e reserves to d ep osit and '?.R. note l i a b i l i t i e s combined Commitments to make in d u s tria l loans 1, 787,610 -3, 914!* 180,11*2 353,355 27,1*28 37,365 £5 , 217, 51*5 1*5. 1% i,559 + 177 — — + 1*757 + 3u,755 + , 2% 22 + 13,927 + 130,202 + 263 Í4l,336. +3,91*5,670 1* . 8% 1,825 Form F. R. 283b STATEMENT OF CONDITION OF TEE FEDERAL RESERVE BANKS ON FEBRUARY 20,191*6 ( I n thousands o f d j l i a r s ) A S S E T S Gold c e r t if ic a t e s Redemption fund fo r F.R. notes T o ta l gold c e r t i f i c a t e reserves N'• . T o ta l Boston New York 17, 21*8,560 750,252 5,368,167 795,510 58,978 108,121 18, 01*2,970 809,230 5,576,288 879,358 1182,770 P h ila . , C leve. 818,533 1105,002 60,825 77,768 Rich. A tla n ta Chicago St.Lou is Minn* Kans.Cy. 995,661 2833,521* 557,107 325,692 565,278 155,052 52,922 20,119 35,177 955,651 ioi*o,789 2978, 1*66 590,029 355,811 16,537 11,360 — 5,370 18,500 599,583 373,813 67,865 1*6.610 358,352 206,172 37,530 25.707 881,977 62,661* 55,128 D allas SanFran, 1*57,326 2600,151 26,086 111,580 600,555. 583,512 2711,721 Other cash Discounts and advances In d u s tria l loans U.S. Govt, s e c u r it ie s : B ills . C e r t ific a t e s Notes Bonds 358,732 352,610 1,755 32,971 21-,815 101 70, 01*2 158,630 — 23,165 ■ 31,366 20,185 30,705 -1,611* 13,097,535 7,595,211 1,378,700 • 956.892 756,053 518,982 95,219 .65.710 2,831,895 1, 913,577 357,502 238.596 865,150 1158,558 573,779 721,135 10I*, 166 130,919 . 71.55.1 ,.. 89.915 T o ta l U.S.Government s e c u r itie s 23,017,338 1533*965 5,331,569 1611*,626 2100,1*26 1550,578 1177,726 3717,279 1087,871 617,661 1080,9.17 395,533 2510,333 T ota l loans and s e c u r itie s 23, 371,702 11*55,880 5, 590,099 1636,1*25 2131,131 11*53,197 1182,556 3775,039 1099,231 636,161 1097,512 895,863 2511*,713 Due from fo re ig n banks 110 F.R.notes o f other banks 153*913 U n collected items 2,203,086 Bank prend ses 33,281* Other assets 63,756 TOTAL ASSETS 7 5,209 150,898 1,358 5,209 1/ 37 19,016 578,336 8,656 15,570 26, 63I* 7,680 39 29,075 5,820 — 55,350 56 760 — 829,572 665,266 21*52,881 575,350 393,085 975,629 86,297 71,363 177,122 59.263 .5 9 .0 1 2 121.61*7 10 5 9 55,526 3,758 9,301 150,699 219,075 152,335 • 3,970 . 2,762 3,289 5,520 , .6,61*0 l+,o66 5 12„773 150,590 1,565 3,559 15 11,800 357,062 3,111 .8,185 — 17,?72 16,595 -- 11,323 1,280 — 50,238 5,380 — 598,085 1*59,911 1553,350 369,636 332,772 750,292 67,107' 60,513 135,397 51.592 56.089 92, 3.05 ' • -1* 53 7,285 5,589 • 6,865 52,299 108,195 90,290 2,585 . 2, 053. . 1,262 . .3,655 : .1,719 3,131 *3 5,351 91,597 • 826 2,056 9 25,052 221,712 1,857 6,956 55,2i7,553"2559v752 11,556,91*2* 2691,113 3581*,262 2633y 166 21*20,300 7168,026.1809,075 101+6,ill* 1836,3:13 11*90,716 5521,250 l/ A ft e r deducting $73.000 p a r tic ip a tio n s o f other Federal Reserve Banks.
@FedFRASER