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Form F* R. 283 ST^Twl-EKT FOR THE PRESS Released for publication Friday morning, Feb. i*j not e a r lie r . Board o f Governors o f the Federal Reserve System February 3» I9kh CONDITION OF THE FEDERAL RESERVE BANKS During the week ended- February 2 member bank reserve balances decreased $155» 300 i'000i Rfeductloris in- member bank reserves arose from'decreases o f $253*000,000 in Reserve 3ank cre d it and $13,000,000 in gold stock and an increase of $11*7*030,000 in'mohejf in ’cilrcUlatioiij o ffs e t in part by decreases o f $9,000,000 in Treasury cash and $176,000,000 in Treasury deposits with Federal Reserve Banks and $76,000,000 in nonmcmber deposits and other Federal Reserve . accounts. Excess reserves o f member banks on February 2 were estimated to be approximately $1, 5^0 , 000, 000, .an. increase Qf $520, 000, 000. f.or. the week. There was a decrease o f $21*5,000', 000 in holdings o f United States Goveinment s e cu r itie s . .-B ills decreased $1*21,000,000 and c e r t ific a te s $127,000,000, while notes increased $266,000,000 and bonds $37*-000, 000. ‘ Changes in member bank reserve balances and related items during the week and the year ended February 2 , 191|[|, vie re as follows« Incrüase or decreaué since Jan. 26, 19¿*1* Feb, 2* 19hh Feb. 3, I9k3 (In m illions o f d ollars) B ills discounted 21*U* S, Government d ire c t obligations h »:<395 U. S. Govern ent guaranteed obligations ■ 83 Industrial advances, (not including 10 m illion commitments - February 2) ' 10 Other Reserve Bank crod it 317 p • • Total Reserve Bank cred it ' 12,132 Gold stock 21,910 'Treasury currency k»093 * • < - 21*7 + é2 I + -• 7 k 1*8 • I. ember bank reservé balances Loney in circu la tion Treasury cash Treasury d ep osits with K* ¡Junks Nonmembwr deposits and other fYK.accounts. : . + 15 + 6,269 + 37 . 12,31*7 20,53k 2,322 .175. 2,253 ' • 253 - 18 ■ + + - + r - 155 1U7 9. 176 76 6,366 '• 753 21*7 « + + . + + • 9.5 ¿*,868 122 12’6 81*0 Form 4* R. 283c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON FEBRUARY 2, I9UU (In thousands o f d o lla rs) Boston New York Phila*. Cleve. ' Rich. Atlanta Chicago St,Louis L I A B I L I T I E S Total F. R. notes .in actual c i r culation 17, 039, 801; 1152,595 Depositss Member bank-reserve a cct. 12,81*6,329 680,873 U.S.Treasurer-general a cct. 17l+,6i+l 5,080 foreign 1,558*0+82 •10l+,399 Other 357,393 l+,o62 Total deposits ll+,937,31+5 79k,kl9 Deferred a v a ila b ility items 1, 1+00,510 127,095 Other l i a b i l i t i e s including accrued dividends ... 7,261+ 5k? TOTaL LIABILITIES 33, 331+,923.207I+,.658 Capital paid in 9,363 155,793 Surplus (S ection 7) 13,206 183;, 097 Surplus (S ection 13b) 2,371+ 26,968Other ca p ita l accounts '3,082 • ' 62,951' TOTAL LIABILITIES AND CAPITAL ACCOUNTS 33,818^732 2103,683 Commitments to make in d u strial ■ . advances 700 10,281 F. R. notes outstanding C olla teral fo r F.R*notes held by F.R.Agents* Gold c e r t ific a t e s E lig ib le paper U.S.Govft se cu ritie s Minn. Kans.Cy. Dallas San Fran. 3»767,21*3 1155,163 1, 513,609 11I4.2,61+1+ 969.,897."3, 200,522 731,216 387,613 625,61+7 1*17,509 1,9 76 ,1U l;.171,3l+2 61+0,1+05 l,03ß,l;33 63,619 k,753 5,595 .1/625,378 13i+,Ó92 130,299 10,251 22k, 1+1+2 ll+,35l 530,590 12,686 58,562 6, 21+0 535,272, l.,g56;09l; ljl+9,938 286,511+ 1,190 . f ' 16,972 11;,038 12,71+7 1+6,81+9 181,51+1 1+5,585 32,-209 8,232 8,826 16,062 18,215 582,105 17,301 1+2,1+57 2,712 530,185 1,1+1+1;, 523 1 1 , 21+0 9,370 lll+,25l+ 1+2,1+57 lw 0 5 38,595 79U,701 1,181+, 573 • 32,030 156,303 608,078 105,693 591,5U3 2,163,1+33 525,523 31+9,685 78,11+7 202,510 61+, 700 28,057 6l+l+,575 79,51+5 586,917 1,608,612 1+1+,106 156,71+2 5.035,28L 275,577 11+8 196 I+23 260 521 .. 1,317 503 159 1,999 191 998 9, 129,1+23 2032,397 2, 855,016 1856,675 1639 /733 5, 567, 1+631321,630 765,51k 1351,766 10l;3,63 0 3,71+1,918 6, 251+ It,762 5,068 11,766 ■ 57,580 12,993 3,337 15.81+9 5,1+95 i+,713 18,063 70,012 16,026 5,236 6,330 3*669 l+,55l+ i+,331 11+.159 17,359 5,725 26,1+90 2,129 7,092 k,k21 3,290 530 1,307 1,003 1, 1+29 1,137 1,007 7I+9 3,21+2 2,300 2,672 3,271+ l+,620 3, 51+0 • 13,71+0 . 3,793 10,215 k ,lk 3 7*8 Hi " 9*277,855 2070,236 2,895,712 1976,075 1655,395 5,623,6601335,921+ 777,113 1365,767 1062,339 3.771+, 1+73 9 2,226 100 670 — -- 3,000 316 61+7,283 17, 661,793 1199,565 3,399,233.1189,627 1,558.361+ 1180,957 1010-, 301 3,261+,309 7.61+,671 396,-563 680 2,530 1+1+7,51+6 2,091,371+ • 12,831,000 19,907 5,109,309 761,000 3, 115,000 12,027 l+,955 1+50,000 800,000 715,000 1, 160,000 — 1,535 l;75*O00 1+00,000 775,000 1,330 1+50,000 1+10,000 336,000 1, 61+9,000 — -- — 500,000 250,000 125,000 750,000 2, 530,000 1+00,000 230,000 — -—p 10 300,000 790,000 39I+.309 175,000 MATURITY DISTRIBUTION OF BILLS AND SECURITIES Total B ills discounted Industrial advances' U. S. Government s e c u r itie s , d ir e c t and guaranteed 23,927 9.939 11,700,601 Within 15 days 11+,21+5 8,126 1, 3.01+,912 16 to 30 days l+,625 912 31 to 60 days 2,680 26 1, 21+0,067 • 3,115,037 i 61- to 90 days 91 days to 6 months 6 months to 1 year 1 to 2 years 2 to 5 years 377 185 2,000 I32 373 IO6 7k 2 , 360,997 ' 531,61+0 l>009,.850 1+83,100 1+97,1+21 l/A fte r deducting $931,130,000 p a rticip a tion s o f other Federal Res.rve Banks. Over 5 years 1, 231,777 Sown F. K. 2 S3a Released fo r publication Friday morning, February^,-: 19l+t+. hot earlier* STATEMENT OF CONDITION . 0 / THE .TWELVE FEDERAL’ RESERVE BANKS•COMBINED (In thousands.of d ollars) Increase or decrease since -Feb, 2-, •19UU' Jan. »26, I9W1 19.1+80,575 „265,111+ 357.171 20, 102,860 - 18,000 + 6,26l ' - 8,91+5 - 20,681+ . Feb. 3,r 19U3 ASSETS Gold c e r t ific a te s on hand and due from U, S. Treasury Redemption fund Ji, notes Other cash Total reserves B ills discounted? Secured by U, S. Gov’ t obligation s, d ir c c t and guaranteed * Other b i l l s discounted Total b i l l s discounted Industrial advances U. S. Governmo'nt'securities, d ire ct and/guaranteed: Bonds Notes C ertifica tes •enis Total U.S, Government se cu r itie s , d ire ct and guaranteed Total b i l l s and "sa’c u ritie s Duo from foreign banks F. R, n otes•o f oth -r banks U ncollected. items Bank promises * * Other assets TOTAL ASSETS LIuB I L U . I i 8 F. R. notes in actual circu la tio n Deposits* Member banjc-reserve account U.S.Treasurer-general account Foreign Other Total deposits -- 983,205 229,937 ' 39.7% 793,027 +. - ' 19.11+7 1+.033 + 23.927 380 9.939 177 • 15,111+ i+,016 - l,6 7li,l98 9W+,ooo 2,,5U9 , 0U0 6, 613.363 + 36,933 +266,100 - 127,650 - 1+2o ;902 - 932,586 - 336,3lli +1,689,375 *+5,885,359 11, 730,601 -21+5,519 +6,305»83l+ U,81b,h$7 136 8l+, 6l6 1.717.819 • -3 5,H 2 63,722 -21+6,076 • .+6,316,932 + -89 - 1,691 + 35,781 + 71.960 + 351+.377 • 60 . -1+,QS7 666 , - . 26,91.7 33,618,732 - 197,217 * %• J 17.039.801; +132*,765 ’ '4 .7 3 7 ,5 7 5 * 12,81+6,829 • ¿7U.6U1 1.558.1+82 357.393 1U.937,31+5 1, 1+Q0,’510 7,261+ 33,381+,9.23 ' 155,793 188,097 ■ 26,968 62,-951 33,818-, 732 62.9% • 10*, 281 +5,883,11+8 -155,287 - 176,611 .. . + 27,701+ -1 0 5 ,5U3 -1+09,737. ; + 78,571+'.. + 9i+» 868 + .125,758 + 761+,935 U. 579 + , 791. 21+6 + ’ 305,679 + 3 ,8 0 0 +5,838,300 #• 2i+it -198,151+ * N - 197, 217. : 9,072 + 27,686 + ' .139 +.*■' ?*95l +5,883,11+8 + - 109 + + m m ^ + CO C\J CO . ,380 ' 25,927 + Deferred a v a ila b ilit y items Other l i a b i l i t i e s including accrued dividends TOTAL LLiBlLITIES ■ * ' i C A ? I T A ’ L •' Ai C C 0 U N‘ T S ! Capital pai’d in Surplus (S ection 7) Surplus (S ection ,13b) Other capital accounts ! • TOTa L LIABILITIES xJiD CAPITAL'ACCOUNTS Ratio o f to ta l ’reserves' to deposit and F. R, note l i a b i l i t i e s combined Commitments to ’make' in dustrial advances •+ - 829- ■ 16* 1% ■ 33 Form F. R* 283b STATEMENT OF CONDITION OF THE fEDERAL'RESERVE BANKS OK FEBRUARY 2, 19^ (In thousands of dollars) ASSETS Total •Boston Phila. New York • Cleve. Rich. Atlanta Chicago St«Louis1 Minn. Kans.Cy* Gold c e r t ific a t e s on handi and due from U.S. Treasury 19,1*80,575 1167*951 5,101,21*1 1152,905 1,655.216 1089,586 1011,1*51 3.516.500 711*671* 1*16,1*65 Redemption fund - F.R.notes 265,11li 23, 091* 20,500 1*1,217 21*, 1*71* 25,952 13,51*7 8,535 53,211 19,561* Other cash 15,061 8/390 89,572 28,038 .21,209 5I*, 81*8 22,255 26,357 357,171 1*1*, 505 Tbtal reserves 20, 102,360 1225,873 5, 232,050 1185,651* 1,705.75b U5l*,527 1052,033 5,599.29** 71*6,299 1*55, 1*50 B ills discounted* Secured by U.S.Gov*t ob lig a tion s, 4» d ir e c t and guaranteed 12,027 10 1*20 1,580 50 23,927 li,955 1,535 2,050 Other b i l l s discounted - — — — — — — — 769,580 12,182 12,822 552, 691*. 2,555.851* 9,702 25,506 1*2,715 11,551 79U.53U 573,727:2,1*23,375 1,000 — 500 1,000 12 5OO 1*,1*83 87,506 78,538 1*9,228 •l*li,‘28i* 152,952 119*578 202,656 179*203 175,556 97.756 263,916 5?2,655 tm Total b i l l s discounted 23,927 Industrial advances 9,959 Ui S* Government s e c u r itie s , d ire c t and guaranteed* * Bonds 1,671*, 193 Kotes 9l*l*,ooo C e rtifica te s 2, 51*9 ,01*0 B ills 6,613,363 Total U.S.Gov* t secu rities* d ire c t and guaranteed 1 1 , 780,601 li,955 587 12,027 125 1,535 3,986 Due from foreign banks *’.k .n otes o f other banks Uncollected items Bank premises Other assets TOTAL assets 136 03*, 616 1,717,319 35,112 63,722 1,530 251 50 115 2,050 1* 128,21*5 571,818! 130,599 72*311 209,650 73,659 195.260 566,110 190, 81*1* 31*0,729 2,1*91*, 121* 561*,751 •185*792 1-12, 081* 95,567 179.851* 103,631 52,61*5 101, 1*11 65,199 -279,338 170,652 ll*2', 155 273.833 1*21,325 252,655 202,338 1 , 191*,926 736,51*5 3, 61*1,702 988,576 767,855 s 11,811*,1*67 li20 381 10 — - <■» - - — 18U 50 1 * Total b i l l s and s e cu ritie s Dallas San Fran. . 71*1,887 3,655,852 10 1 , 1*12 128,521 1,661 U.519 598,588 82,205 1*6,351. 125,157 232,1*59 53,051* £9*915 .80,775 135,561* 1*90,505 1 , 750, 021* 1*86,172 299,308 1*72*102 1*21,603 1,127,61*3 ? ; 775,351* 12 1/ 1*9 T3»925 2,389 551*,530. 102, B05 3,583 9,101 li* ,568 l*,!*5l* •989,371 600,,199 12 6 15,278 3,21)9 187,723 121,052 • 2,929 l*,20l* l*,08l* 7*395 \ ' 1*90,668 1 , 752,073 1*86,182 299, 1*92 1* 8,539 99,571 1,650 3,1*50 1* 3 17 9, 221* 5,665 . 5,1*95 252,939 92,665 57.S02 2,062 1,278 ’ 2,91*1 7,167 : 3 ^ 9 . 2,?15. . ' * Ii22,6l5- 1 . 132,651 11 1* 1* 16,233 ■5,61*1 5,565 58,521' - 195*512 89,573 2,016 2,726 956: 6/590 3.502 . 3*151 1*72,152 33 , 818,752 2103^685 9*277,855 2070,236 2,895.7.12,1876,075 1655,895 5,623,6601555,921* 777,113 1365,767 1062,339 5,771*,1*75 l/ A fter deducting $87,000 p a rticip a tion s o f other Federal Reserve Banks,
@FedFRASER