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Form F* R* 283 STATEMENT FOR THE PRESS Released fo r p u b lica tio n Saturday morning, Feb* 21±; not e a r lie r * CONDITION OF THE Board o f Governors o f the Federal Reserve System February 23, 19^5* FEDERAL RESERVE BANKS During the week ended February 21 member bank reserve balances decreased $23j000,000* Reductions in member bank reserves arose from increases o f $119, 000,000 in money in c ir c u la tio n and $2lj.,0Q0,000 in nonmember deposits and other Federal Reserve accounts, o f f s e t in part by an increase o f $85,000,000 in Reserve Bank c r e d it and decreases o f $5,000,000 in Treasury cash and $30,000,000 in Treasury deposits w ith Federal Reserve Banks, Excess reserves o f member banks on February 21 were estim ated to be approxim ately $900,000,000# Holdings o f loans, discounts and advances increased $6Lj.,000,000 and o f United States- Government s e c u r itie s $50,000,000# The increase in holdings o f United S tates Government s e c u r itie s resu lted from an increase o f $80,000,000 in b i l l s and decreases o f $12,000,000 each in c e r t if ic a t e s and bonds and $6,000,000 in notes. Changes in member bank reserve balances and re la te d items during the week and the year ended February 21, l9i±5, were as follow s? Increase or decrease since Feb* 21, 1945 Feb* lk, 1945 Feb, 23, 19U ( 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 Other Reserve Bank c r e d it 19,231 298 474 + 4’ — 28 Total Reserve Bank c r e d it Gold st6ck Treasury currency 20,003 20,506 4,124 + - 85 1 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*R, accounts 13,999 25,652 2,384 517 2,032 - 50 6k mm + + 4» 23 119 5 30 24 +7,415 + 241 + 107 +7,763 - 1,236 + 34 +1,890 +4,956 + 48 - 129 - 202 Form R. 263c L I A B I L I T I E S STATEMENT OF CONDITION OF' TIES FEDERAL REOEKVE 3i-NES OF FEBRUARY-21» 1945 (In thousands o f d o lla r s ) T otal Boston- New York P h ila * C leve. Rich. A tla n ta Chi*cago ,3t.L o u is Federal Reserve notes22,065, 1601393,233 4 , 928, 939145.9 ,0881927,0371494,625 1292,897 4059,916 D ep osits« Member bank-reserve acct .13,999,223 641,658 4 , 509,977 683,971 1092,751 588,096 624,577 2099,014 162,086 54,420 U*3•Treasu rer-gen eral a c c t. 5 1 0 *57.1 42,111 35,629 35»109 12,591 50,333 Foreign 161,942 45,600 1,291,192 85,971 li 493,329 109,622 108,377 52,519 Other 380,896 289,286 4,843 3,662 3,190 4,077 ,4 .1 0 5 8*635 Total deposits 678,774 684,450 2519,453 16, 187,887 767,563 5 ,455,178 840,552' 1260,146 D eferred a v a ila b ilit y items 1 ,509,781+ 121,547 87,457 1144,057 107,740 101,185 220,149 308,987 Other l i a b i l i t i e s includine: 706 8,803 1,538 accrued dividends 624 419 357 395 2,255 : TOT.iL LIABILITIES C apital paid in Surplus (S ectio n 7) Surplus (S ectio n 13b) Other c a p ita l accounts TOTAL LIABILITIES AND CAPITAL ACCOJNTS Commitments to make in d u s tria l loans 959,712 431,841 305,714 545,501 2746,607 529,973 306,320 18,308 37,695 37,371 28,651 1,357 10,743 596,895 375,001 636,151 23,092 37,371 4,133 607,657 1678,583 19,678 2h,m 94,763 37,571 43,306 3,074 667,780 18-41,368 68,302 28,032 700,747 .82 ,o44 56,839 182,145 357 904 - 323 258 _ 317 / 40,271,873 2305,941 10, 862^623 2430,165-3578,452 2304,456 2098,153 6666,650 1622,800 899,235 1605,417 1266,910 4011,055 I 3.182 . T ota l D allas SanFran* 59,771,639 2273,01+9 10,695,359 2307,721 3352,147 2281,558 2078,907 6600,906 1605,737 385,932 1533,022 1270,477 4771,024 16,692 0,622 5,552 14,984 166,215 12,1*40 6,003 5,329 19,765 5,277 3,647 59,751 10,153 6,196 55,201 4,950 6,025 19,872 7,048 15,899 7,936 7,813 15,239 84,903 19,071 228,153 2 ,142 762 2,680 4,468 3,290 527 1 »0u 1,307 1,429 1,137 27,165 1,073 7,143 5,631 78,701 4,620 4,211 7,004 j » >-¡-9 5,634 11,549 15,467 4,545 3,933 9,535 5,173 F, notes outstanding 22, 673,463 1422,682 C o lla te r a l fo r F. R. notes h eld by F. R. /.gents: Gold c e r t if ic a t e s 10, 836,350 610,000 E lig ib le paper 257,34o 11,075 U *S.G ovt s e c u r itie s 12,057,92-5 810,000 Discounts and advances In d u s tria l loans U. S. Gove rnment s e c u r itie s ’ Minn* Kans. Cy » 294,055 3,933 19,231,317 2,314 — 20 4oo - — .55 5 ,066,525 1482,809 1970,628 1522,541 1343,591 4158,914 . 3 ,045,000 • 153,500 2, 090,000 W ithin 15 diays 237,430 3,422 2,777,230 971»436 489,057 — 826,530 — 595 579,116 2859,334 633,000 822,000 615,000 (505,000 1960,000 375,000 183,350 320 ,000 21*4,000 1424,000 ---— ---28,500 15,850 6,800 29,865 11,750 ! 850,000 1150,000 950,000 /75O1OOP 220*0,-000 667,925 310,000 52*5,000 . 345,000 1500,000 AND S'«CURITIBS MATURITY DISTRIBUII « T 'OF Li Over 2 to 5 31 to 91 days to 6 months 1 to 2 16 to -• 61 to 5 years years to 1 year years 6 months 60 days 30 days 90 days ---16,310 29’ *550 10,265 ------5I 8 1 8 30 k ---- - •— — 1;,976,278 4 , 8 17,2 8 6 4,094,231 - i , 286,44o . 2 , 504,500 343,200 l / A ft e r deducting $794,761,000 p a r tic ip a tio n s o f other Federal Reserve Banks, 619,802 812,350 Form F. R, 233a Released fo r p u b lica tio n Saturday morning, February 2i|f 19^ 5 ; 'n o t e a r lie r * STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED ( I n thousands o f d o lla r s ) Increase or decrease since Feb. 21, 1945 Feb. 23, 19U4 Feb. 14, 19U5 A S S E T S Gold c e r t if ic a t e s Redemption fund - F# R. notes Other cash Total reserves 17,693,565 626,073 266,659 + - 1,000 932 5,354 - 1 , 6 17 ,2 10 + 362,282 69,592 13,586,597 - 5,422 -1,324,520 Discounts and advances In d u s tria l loans U* S. Govt, s e c u r itie s : B ills C e r t ific a t e s Notes Bonds 294,055 3,933 + 63,550 + 110 + ll,6 l6 ,4 o 4 4,917,140 1,559,721 1,138,052 ♦ 30,253 - 12,000 - 6,000 - 12,320 +5, 052,366 +2,244,400 + 663,521 - 545,174 T otal U, Sf Government s e c u r itie s 19,231,317 + 49,933 +7,415,113 T otal loans and s e c u r itie s 19 , 529 ,375 +113,593 +7,656,481 Due from fo re ig n banks F* R. notes o f other banks U ncollected items Bank premises Other assets 116 7 2 ,9 1 6 1 ,983,660 34,453 64,771 + 5,o64 -233,923 - ' 18 + 1,331 20 2,000 294, 09^ 637 3,062 40,271,873 -119,380 +6,620,335 2 2 , 065,160 +114,674 +4,S78,563 13,999,228 516,571 1 , 2 9 1,19 2 380,896 - 2 2,70 6 - 30,672 + 19,983 + 3,518 +1 , 890,031 - 129,717 - 300,569 + 28,747 16,187,387 - 29,877 +1,488,492 l , 509,734 - 205,861 + 186,874 + + 1,872 TOTAL ASSETS + 247,552 6,184 L I A B I L I T I E S Federal Reserve notes D ep osits: Member bank w reserve account U. S, Treasurer - general account Foreign Other Total deposits D eferred 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 including 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 (S e c tio n 7) Surplus (S e c tio n 13b) Other c a p ita l accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS R atio o f t o t a l 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 loans 8,808 39,771,639 16 6 ,2 15 228,153 27,165 73,701 224 - 120,340 + 169 + 1,2 9 1 40, 2 71,8 7 3 - 119,330 4 8 .$ 3,182 ♦ I/O 326 +6,555,301 + + + + 10 ,066 40,056 200 14,212 +6,620,335 - 1 3 , 8% 6,762 f’cr;: F. R. 283b STATEMENT OF COI-TDITION OF TiîE FEDERAL RESERVE BANKS ON FEBRUARY 21, I 9U5 ( I n thousands o f d o lla r s ) A S S E T S T o ta l Boston New York Gold c e r t if ic a t e s Redemption fund-F.R.notes Other cash ^ 17, 093,865 "907,562 5,116,040 626,073 - 41,351 • 104, 46o 63,976 266,659 '.'22,822 T o ta l rb servts 18,586,597 Chicago S t.L ou is Minn. Kans^Cy. D allas San Fran* 641,984 361,726 32,516 15,738 5,398 13,187 624,884 25,575 12,802 510,264 2247,670 18,552 90,951 26,534 9,477 993,700 1018,451 3236,980 .687,637 382,862 663,261 533,293 2365,155 929,108 48,793 15,799 . 28,500 ---- 30 433 419,811 2 4 l,6 l4 76,640 55,920 347,046 1429,032 204,676 498,311 64,925 158,065 47,373 115,332 19, 231,317 1171,901 4, 957,010 1260,205 1731,516 1146,947 947,825 3036,875 914,065 456,228 793,985 664,o2o 2200,740 19,529,355 1183,171 5,110,520 1274,773 175U474 1153,867 948,544 3102,925 842,565 472,078 823,875 664,305 2201,258 T o ta l U.S. Government s e c u r itie s T o ta l loans and s e c u r itie s _ 116 72,916 1, 983,660 ‘ 34,458 ' 64,771 9 3,201 141,945 1,605 4,275 1/29 1? , 617 431,129 3,876 14,976 683,686 1008,126 372,273 467,109 118,085 148,169 36,161 108,112 - 12 2,232 113,081 3,445 4,538 12 3,374 201,315 4,082 6,302 658,943 315,117 99,955 72,932 6 7,490 142,398 2,838 4,157 ■700 19 16,050 - - 456,246 250,348 .2 3 1,0 53 132 ,9 4 4 73,290 42,168 '53,476 30,768. * 648,337 3, 062,716 338,078 1, 223,193 387,998 107,239 283,103 78,247 6,300' 120 958,617 3096,495 37,593 110,125 30,360 22,241 644,208 204,342 149,098 l l,q l6 ,4 o 4 4,917,140 1 ,5 ^ ,7 2 1 1, 138,052 1-1,750 2,318 19’» 650 308 A tlan ta . 29,865 25 153,500 11,075 10 195 ' ’ 969, 09a 1330,417 57,514 42,90523,962 20,101 , -Rich. 15,850 - - 294,055 3,983 TOTAL ASSETS C love. 971,735 5, 234,476 1032,104 1411,393 Discounts and advances In d u s tr ia l loans U* S* Govt* -s e c u ritie s * B i lls C e r t ific a t e s Notes Bonds Due from fo r e ig n b-anks F.R .notes o f other banks U n collected items Bank premises Other assets « P h ila . ' 562,886 2039,227 248,564 73,845 57,530 5 7,993 118,071 1,606 3,483 18 9,088 305,625 3,167 -8,847 4 5,403 81,756 2,110 3,275 3 1,329 39,492 1,249 i , 72o 4 4,167 108,107 2,655 3,348 235 - - 4 3,4oo 77,193 894 2,821 10 . 12,122 223,548 1,931 7,029 40,271,873 2305,941 10,862,623 2430,185 3379,¿*52 2304,456 2098,153 6666,650 1622,800 899,233 1605,1417 1286,910 4311,053 l / A ft e r deducting $37,000 p a r tic ip a tio n s o f other Federal Reserve Banks.
@FedFRASER