The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Form F. R. 283 STATEMENT FOR THE PRESS Released for publication Friday morning, Feb, 5; not earlier, Board of Governors of .the Federal Reserve System February h, 19^3 CONDITION OF THE FEDERAL RESERVE BAKKS During the week ended February 3 member bank reserve balances decreased $336,000,000. Reductions in member bank reserves aròse from an increase of $228,000,000 .in money in circu la tio n and decreases o f $226,000,000 in Reserve Bank cred it and $29 , 000,000 in gold stock, o ffs e t in part'by an increase of $53*000,000 in Treasury currency and decreases of $73*000,000 in Treasury deposits with Federal Reserve Banks and $21,000,000 in nonmember deposits and other Federal Reserve accounts. Excess reserves o f member banks on February 3 were estimated to be approximately $1,700,000,000, a decrease of $390 , 000,000 for the week# The prin cipal change in holdings of b i l l s and secu rities was a decrease o f $251;,000,000 in United States Government se cu ritie s . Bonds decreased $111,000,000, notes $1;1,000,-000 and c e r t ific a te s $ 219 , 000, 000, while b i l l s increased $ 1 1 7 , 000, 000. Changes in member bank reserve balances and related items during the week and the year ended February 3* 19^3* were as follow s? Increase or decrease since Feb. 3, 19Ù3 Jan. 27, 19U3 Feb. I;, 191*2 (In m illions o f dclla rs ) B ills discounted U. S. Government d irect obligations U. S. Government guaranteed obligations Industrial advances (not including 10 m illion commitments - February 3) Other Reserve Bank cred it Total Reserve Bank cred it Gold stock Treasury currency Member 'bank reserve ' balancesMoney in circu la tion Treasury cash Treasury deposits with F. R# Banks Nonmember deoosits .and other, F. R, accounts 51 1 -252 + 5 +3,185 + 1*7 lh 209 + 2 + 29 5 + 203 5,766 -226 - 29 +3,51*0 75 + 587 9 5 , 1*21* 22,663 3 , 8li6 12,9*42 - + 53 ■-336 15,666 +223 2,200 + 1 - 73 - 21 h9 i,hlS 6 + 93 +I*,1*35 1 - 327 - 233 Form F. R* 233c STATEMENT-. OF CONDITION OF THE FEDEhÀL RESERVE BANKS ON -FEBRUARY 3, I9JL4.3 (In thousands of dollars) Phila. Cleve. Rich. Atlanta* Chipago St.Louis Minn. Kans.Cy. Boston New. York L I ’A B I L I T I E S Total F. R. notes in actuàl c i r 12 , 302,229 395,68V 2,71^,518 862,100 1,11+5,1*20 790,291* 567,257 2,1*50,362 culation Deposits : Member bank-reserve acct.12,9ltl*i>97 670,102 U,798,707 656,630 1 , 01*1;,252 529,671 1*99,.01*7 1 , 830,352 U*S. Treasurer-general a cct, li8,883 512 218 1*3,170 378 671 527 539 Foreign 65,781 63,-701; 21*,235 22,920 1/ 373,371 81*, 1*77 793, 51*7 29,771* Other 69,522 13,1*80 16,996 It, 025 301,972 36,305 lu065 136,989 Total deposits ll;, 11*6,099 697,599 5,31*2,237 736,1*18 1,178,11*9 576,819 527,525 1,951,673 referred a v a ila b ilit y items l,. 09iif 831 102,071; 233, 1*02 123,218 72,321 51,1*2.5 89,332 157,909 Other l i a b i l i t i e s including accrued dividends l*6o 261 297 155 597 • 51*9 3,1*61* 391 TOTAL LIABILITIES 111*6,362 1*, 560, 1* 01* 27, 51*6,623 1695,95k 3,320,706 1671,100 2,1*1*7,081; 11*56,836 CAPITAL ACCOUNTS Capital paid in 5,238 15,206 11,686 11*6,721 53,671; 5,927 16,375 9,523 Surplus (S ection 7) 160,[¡.11 11,160 58,001 5,236 22,925 15,670 11*, 767 5,725 Surplus (S ection 13b) 26,829 3,21*1; 7,070 1,007 717 1,1*29 2,871* U* 393 Other capital accounts 9,518 '"55.000 3,065 3,609 2,551* l'5,0l*5 5,251 2,533 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 27,935.581* 1722,576 8,U5l*,l*96 1706,1*58 2,1*83,315 11*73,776 1160,596 1*.610,651 Commitments to make in dustrial — advances 1,006 118 01*6 111* 10,311* 39 l,59l*. F*R. notes outstanding C ollateral fo r F*R*notes held by F#R.Agents: Gold c e r t ific a te s E lig ib le paper U.S.Govf t secu rities 521, 1*89 310,i*80 1*31;, 563 260,731 1 , 3.19,331 1*1*7,230 259,875 1*86 239 20,773 15,231; 15,569 11,-961* 1*81*,053 287,302 52,198 22, 1*99 1*99, U85 1*79,1*71 1,236.875 602 308 1,183 19,383 20,773 53,117 9,060 3,56o 1*0,1*37 528,535 501*, 112 1,331,612 .50,600 37,1*77 102,376 102 11*1 11*3 11*9 - 219 1057,81*7 620, 1*90 1013.,917 802,1*61 2, 753.1*62 l*,53l* I; , 966 530 2,396 1*,780 3,613 1,137 2,1*58 3,153 3.221 1,000 2r7l*U It, 1*75 1;, 083 1,307 2,186 12,100 n,ol*l* 2,121 3,61*1 1070,323 630 , Ó08 1025,905 311;,512 2, 782,368 1,627 1,150 — — li.220 925,153 2,891,635 830,357 1,182,251* 330,956 •597,213 2, 1*91,71*7 51*6,922 315,591 1*1*5,610 280,980 1,392,051 12, 526,000 083,-000 2 , 915,000 110 2,755 1*,-105 — 395.000 50,000 795,000 1 , 190,000 215 — 100,000 727,000 25 125,000 575,000 2, 500,000 — --30,000 1*30.000 320,000 — — -85,000 1*1*5,000 237,000 l,l*0l*,000 — — 1.000 — —— 5,000 12,78 o,UT7 Total 8,813 13.955 B ills discounted Industrial advances U. S. Government s e c u r itie s , ~ d irect and guaranteed 5,l*7l*,767 Dallas San Fran. liiiithin 15 days 3,603 7,0E56 15I*, 315 MATURITY DISTRIBUTION OF BÌLLS ÀED SECURITIES 91 days to 31 to 6 months 61 to 16 to 6 months to 1 year 90 days 60 days 30 days 2 • 16 816 2,778 1, 598 1,062 2,039 270 31*8 1,333 1140,896 282,913 1*39 ,780 - 1*15,207 1*89, 21*0 2 to 51 years — 102 1 to 2 years — 866 21*1,575 1,21*^,731; l/ After deducting $ 1119,393 *000 participations of other Federal Reserve Banks, Over 5 years — — 2 , 067,107 Form F. R. 233a Released for publication Friday morning, February 5> 19 l*3 ; n°t e a r lie r . STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS CO!IBINED (In thousands o f d ollars) Increase or decrease since Feb. 1*, Jan. 27, Feb. 3, 191*3 19U2 19U3 ASSETS Gold c e r t ific a t e s on hand and due from U, S# Treasury - 29, 1*99 20, 1*63, 780 •57,737 Redemption fund - F. R. notes + 23,517 + 1,1 9 7 35,177 Other cash + 1*6,71*1* 596,930 - 27,379 Total reserves - 55,681 + 12,521* 20,895,887 B ills discounted} Secured by U. S* Gov1t obligation s, d ire ct and guaranteed + 1,771* 1*, 780 - 1,585 — Other b i l l s discounted 3,301 ¿4,035 Total b i l l s discounted + 5,075 - 1,585 8,815 Industrial advances U. S# Government se cu ritie s, d ire ct and guaranteed; Bonds Notes C e rtifica tes B ills ' Total U# S. Government se cu ritie s , d ire ct and guaranteed Total b i l l s and secu rities Due from foreign banks F. R, notes o f other banks Uncollected items Bank premises Other assets TOTAL ASSETS L I A B I L I T I E S F. R. notes in actual circu la tion Deposits: 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 TOTAL LIABILITIES C A P I T A L ACCOUNTS Capital paid in Surplus (S ection 7) Surplus ( Sectionl3b) Other capita l accounts TOTa L LIABILITIES ,,ND 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 industrial advances 15,955 + 2 , 01*9 + l*,95l* 1,230,51U 359,665 723,ool* -111,001* - 1*1,000 -219,735 +117,030 +1 , 056,629 + 587,811* + 8 59,665 + 723,001* 5,1*71*, 767 - 251*, 709 +3 , 2 52 ,112 5,1*97,535 - 251*, 21*5 +5,21*2,11*1 1,565,1*1*2 39,199 9°,639 - 3,661* + 115,280 57 - 2,322 + + 27,935,581 - 270 ,689 +3,667,705 12,502,229 +11*5,531* +5,950,537 12,91+1,697 1*8,885 -536,163. - 73,1*69 111* - 25,592 -1*35,333 + 16,1*33 + 92,889 - 527,562 + 111,11*1 - 322,579 - 1*1*5,9H 369 + 811 +3,652,381* 2 ,6 0 6 ,78l* 1*7 1*3,355 793,51*7 361,972 11*, 11*6,099 ’ 1,09!*, 351 , 5 , 1*61* 27-, 51*6 ,625 -273,635 11*6,721 1*1* 160, 1*11 26,829 55,000 27,935,581* + 2,990 - 270,689 79-ff/o + ,&/o 10,511* - 1,856 + + + + + + 16,0 71 551*.985 1,511 1*5,1(95 11*7,397 3,798 2,909 1*8 8,061* +5,667,705 1 2 . C$ 5,818 STATEMENT OF CONDITION, OF THE FEDERaL RESERVE BANKS ON FEBRUARY 3,. I 9I+5 ( I n thousands o f dolla.rs) ' Forra F. R.. 283b ASSETS Total Boston -New York Phila. Clsve. Rich. Gold c e r t ific a te s on hand and due from U. S. Treasury 20, 1*65,780 111*9,278 6, 623,910 1158,590 1,761,911* 998,052 Redemption fund - F.R*notes 35>177 . 2,896 1,190 6,191 6,81*6 81*8 Other cash 37,982 53,528 25,001 396,930 32,01*7- 28,073 Total reserves 20,895,887 1190,156 6, 712,153 1192,61*9 1 , 816,290 1027,399 B ills discounted: Secured by U*S. Govf t ob liga tion s, d irect and guaranteed ' 1*,780 Other b i l l s -discounted k, 035 110 — 2,755 1,708 215 330 51*0 1*01 25 172 8,813 110 ¿*,1*63 Industrial' advances 13,955 U. S. Government s e cu r iti es, d ire ct and guaranteed: Bonds 2,606,781* Notes 1,230,311* C e rtifica tes 859*665 B ills 723,001* 1*1*9 608 595 1*,1*26 91a 1,230 192, 1*1*0 94,518 65,1*63 1*7,087 693,655 5kc,c85 228,753 11*2,221* 205,078 100,725 67,631 31*, 3,1*7 21*6,159 120,893 81,173 1*2,11*2 397,503 1,1*05,317 . 1*08*231 Total b i l l s discounted Total U.S. Govf t se cu r itie s , d ire ct and guaranteed 5,1*71^,767 Total b i l l s and secu rities Chicago St.Louis Minn. Kans. Cy. Dallas San Fran. 826, 792 3,1*95,190 1,108 1,617 21,210 1*8,852 707,51*2 1*27,090 5,102 I 70 19,533 9,271 680,508 51*6,382 2,033,232 8,122 786 305 1*7,01*9 ■12,353 13,5H 81*9,619 5,51*5,150 752,252 1*56,551 Ó9Ù.127 560,693 2,138,1*03 -- — — 11*0 1*83 120 83 1,000 112 125 120 10 30I* 197 11*0 1*88 120 38 1,112 21*5 311* 657 1*35 105 7 372 1,926 29 3,711 159, 11*1* 117,128 73,165 57,525 38,626 52,1*85 25,586 21,181* 522,626 153,1*56 106,596 265,158 125,068 61,1*27 1*1,21*5 58,00i* 76,150 37À02 2 5,112 22,615 123,81*8 102,319 60,323 50,253 1*0, Sù3 3 3 ,7u5 25,752 15, 11*2 21*3,169 119,132 30,192 50,285 251,271 199,457 1*93,076 1*90,377 515,578 1*92, 51*8 516,252 23I*,1*63 852,616 265,71*1* 161,279 r 5, li97,535 Due from foreign banks %7 F.R. notes o f other banks 1*8,835 Uncollected items 1,363,1*1*2 Bank premises 39,199 Other assets 90,659 TOTAL A33ETS stianta 398,067 1,1*10,388 1*13,302 1 / 18 ' 2,657 296,579 9,805 23,116 5 1,075 37,81*1 li, 71*3 6,81*3 3" 963 121*,1*19 2,717 6,251 2 1* 2 ,12 7 15,1*51 153,605 105, 553 5,ol*o I*, 317 9,1*21* 5.591* 235,038 . 2 3,272 67,015 1,722 5,923 265,871 161,739 ♦ ’ 1 6 1*, 11*0 1,307 3,598 62,551 26,91*2 191*, 181 2 ,9 11 2,109 1,307 2,732 1*,381 11,071* 853,209 1*97,101 251*, 309 199,751 l 1 1* 1,1*01* 7,106 5,955 61*,210 1*8,061* 127,897 2,635 • i,ol*7 . 2,796 _ ____9A72_ 14,507 . 3,567 27,935,581* "1722,576 8,1*5*1,1*96 1?06,1*58 2,1*83,315 11*73,776 1160,596 1*.610,65I 1070,325 650,608 1025,905 811*, 512 2,782,368 ♦Less than $500. l / A fte r deducting $29,000 p a r tic ip a tio n s o f other Federal Reserve Banks.
@FedFRASER