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Form t . R. 283
STATEMENT FOR THE PRESS

Released f o r p u b lica tio n
Friday m «m ing, Feb 9 ;
not e a r lie r .

Board o f Governors
o f the Federal Reserve System
February 8, 191*5

CONDITION OF THE FEDERAL RESERVE BANKS

During the week ended February 7, member bank reserve balances increased
$66,000,000. A ddition s to member bank reserves arose from an increase o f
$151,000,000 in Reserve Bank c r e d it and a decrease o f $55*000,000 in Treasury
deposits w ith Federal Reserve Banks, o f f s e t in part by a decrease o f $2,000,000
in gold stock and increases o f $12.1, 000,000 in money in c ir c u la tio n , $2 , 000,000
in Treasury cash and $16,000,000 in nonmember deposits and other Federal Reserve
accounts. Excess reserves o f member banks on February 7 were estimated to be
'approjtiiatitely $900, 000, 000.
Holdings o f loans, discounts and advances increased $21;,000,000 and
United States Government s e c u r itie s $56,000,000. The increase in holdings
United States Government s e c u r itie s resu lted from increases o f $58,000,000
b i l l s and $30, 000,000 in c e r t i f i c a t - s and decreases o f $9 , 000,000 in bonds
$5, 000,000 in notes.

of
of
in
and

Changes in member bank reserve ..balances and re la te d items during the week
and the year ended February 7, 191*5» were as fo llo w s :

Increase or decrease
since
Feb.. 7,
19^5

Jan. 51,
19U5

Feb. 9
l9hk

( 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

19,062

T o ta l Reserve Bank c r e d it
Gold stock
Treasury currency
Member bank reserve balances
Money in c ir c u la tio n
Treasury cash
Treasury deposits w ith F.R. Baraks
Nonmember deposits and other F, R.accounts




+56
+ 21*
+ 72

+ 7,895
+
172
+
129

19,705
20, 5I48
U.126

+ 151

+ 8,192
- 1,288
+
32

15,950
25,1*11
2,572
595
2,052

+ 66

+ 1, 1*68

+ 121

+ I*, 825

2 Oli
1*38

2
1

+

2

+

55
16

+ 5 7
+
+

585
li

Form F. R. 283c

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON FEBRUiJiY 7, 1945
(In thousands o f d o lla r s )

T o ta l
Boston
L I A B I L I T I E S
Federal Reserve notes
21, 81+5,618 1365, 02V
Deposits :
Member bank-reserve acct .15,95Q,402 652 ,1+28
U *S.Treasu rer-general a c c t. 592,798
51»799
Foreign
82,125
1,21+7,81+9
Other
395,161+
4,777
16,186,213
T/t&l deposits
791,129
D eferred a v a i l a b i l i t y items 1,3^6 *7^0 106,915
Other l i a b i l i t i e s in clu d in g
accrued dividends
601
8,239

Kew York

P h ila .

Cl eve •

Rich.

A tla n ta ' Chicago S t.Lou is

Minn. Kans. Cy•

Dallas SanFran*

1+,872,210 11+38,928 190l+ ,l69 ll+8i+,30l 1286,715 1+012,880

933.258 478,513

8ol+ ,i6o ^5li6»757 2718,705

602,293 628,165 206i+,25l+
23, 21)0
85,156
18,575
50, 121+
4 1 ,770 155 »146
5,871
3.634
4,935
680,592 694,179 2508,170

516,103 30l+,843
16,147 1+6 ,066
55,805 27,449
11,01+1
2,106

638,507
21,197
35.803
3.510

579,099 500,1+61+

699,017

1+,1+86,395
155,830
lA81+,110
301,483
5,427,818

637,976 108l+,268
29,61+6
68 ,l+5l i
105 ,022 IO3 ,828
4 , 201+
8,219
826, 81+8 126t', 769

21+0,859

77,168

128,992

108,277

91,885

1,980

549

822

1+02

586

206,150
1 , 368'

599,525 1685,661+
22,657
54,251
90,366
35,305
42,259
3.145
661,108 1373,020

62,828

29,734

74,065

56,325

165,5144

516

262

297

255

821

T OTAL LIABILITIES
C ap ital paid in
Surplus (b e c tio n 7)
Surplus (S oction 13b)
Other c a p ita l accounts

39,386,810 2263,669 10,542,867 231+3^93 3298,752 2273,572 2073.365 6528,568 1575,501 888,973 1577,539 1261+,1+25 1+756,088
165,801
10 ,ll+d
59,666
6,609
19,750
5,316 '
14,950
5,51'9
3.639
12,545
16,673
5,255
5,953
19,872
7 .01+8
15,239
6,196
33.201
84,903
223,153
19,071
7,936
4.950
6,025
15,399
7,815
2,880
4,468
3,290
762
2 ,l*i2
.27,165
1,007
1,429
527
1,307
7,143
1,137
1,073
14,728
o,661+
5,498
10,968
75,894
4,952
3,340
4,435
4.129
4,407
3.565
9,255
3.453

TOTiiL LIABILITIES i.MD
CAPITAL ACCOUNTS
Commitments to make
in d u s tr ia l loans

39, 883,823 2296,371 10, 709,307 2585,674 53144,758 2296,236 2092,1+23 6593,916 1592,460 902,200 1594,028 1280,727 4795,725
3.3S>1

—

F* R* notes outstanding . 22,1+82,1+82 11+12,1+71
C o lla te r a l f o r F. R» notes
held b;y F• R* Agents:
Gold c e r t i f i c a t e s
11,001,350 610,000
E lig ib le paper
180,856
8,500
U,S ^Govt• s e c u r itie s
11,871,451 810,000

Total
Discounts and advances
In d u s tria l loans
U* 3* Govt, s e c u r itie s




199,806
3.721
19,061,737

----

2 ,555

20

1+00

----

—

55

—

----

—

561

970,520 1+88,51+7

822,069

573.920 2825,055

5 , 270,000 ' 623,000 812,000 615,000 605,000 1920*000 375,000 183,550
---—
29,450
4,450
5 ,9 H
92,775
2,325
1, 800,000 850,000 1150,000 950,000 750 , 000 2200 ,000 681,1+51 510,000
MATURITY DISTRIBUTION OF LQ/-ÜS ;,ND SECURITIES

.520,000
37,1*45
525,000

2l+l+,000 11+21+,000
----345.000 1500,000

5,027,409 1475,379 1950,602 1519,701 1531,541 4087 M70

W ith in
15 days

^ ta
30 days

31 to
60 days

154,030
3,196
1,713,090

16,925
1
2,90li,295

20,650
31
1.,825,185

61 to
90 days
28i,201
4
1+,019,455 .

91 days to 1 6 months
6 months to 1 year
--2
1 , 286,1+1+0

—
1+62
2 ,519,500

1 to 2
years
25
343.200

l / j, f t e r deducting $761,1+10,000 p a r tic ip a tio n s o f oth er Federal Reserve Banks..

2 to 5
¿ears

Ovur
5 years

-------619,802

---330,770

Form, F. R„ 283a
Released fo r p u b lica tio n Friday morning^ February 9 » 1?45» not e a rlie 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
Jan, 31,
19U5

Feb. 9 ,
1944

17.7li7.865
S 2 . l i , 821
2 8 h , 130

- 21,000
+ 2o,li33
- 8,414

- 1 , 669,708
+ 361,923
66,646

18, 656,8 16

-

8,981

-1,374,426

Feb. 7,
1945
A S S E T S
Gold c e r t ific a t e s
Redemption fund - F. Hf notes
Other cash
T otal reserves
Discounts and advances
In d u s tria l loans
U. S. Govt, s e c u ritie s *
B ills
C e r t ific a t e s
Notes
Bonds

199, 9o6
3,721

+ 2 3,9 5 6
**
203

+

li.U i3 .4 o U
14,926,1110
1,565.721
1.156.U72

+ 37,599
+ 29,500
- 2,500
- 9,200

+5,440,315
+2 , 339,100
+ 632,521
519,262

T, otal
U. 1.S,
Govt*, T ts,He1c1 uI. .r1, itie
s
„ ^1
.,
. T "HUM
.1 1HI* 1 -

19,061,737

+ 55,359

+7,392,674

T o ta l loans and s e c u ritie s

19 , 265,2 64

+

79,152

+8,063,311

Due from fo re ig n banks
F. R. notes o f other bunks
U ncollected items
Bank premises
Other assets

116
80,798
1.734.593
34.476
6; , 76c

-

16 ,6 0 1
94,292
6

20
901
241,975
636
3,896

TOTa L ASSETS

+

1 » JtdZl

177.355
6,218

39,333,823

-

45,581

+6,925,907

2 1 , 845.618

+

97,572

+4.760,645

13,950,1402
59^,798
1,247,849
395.164
16,136,213

+
+
+

66,634
54.783
1,0 9 5
8 ,132

+1 , 468,050
+ 534,379
- 2 7 7 , 0°.7
+ 213,422

+

2 1 ,1 2 3

- 166,154

+1,938,764
+ 113,252

+

+

L I A B I L I T I E S
Federal Reserve notes
D ep o sits:
iuenber bank-reserve account
U.S.Treasurer
Foreign
Other
T ota l 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
TOTa L LIABILITIES
C A P I T A L
A CCOUNT S
C ap ital paid in.
Surplus (b e c tio n 7)
Surplus (S e c tio n 13b)
Other c a p ita l accounts
TOTAL LIABILITIES ,xND CAPITa L ACCOUNTS
R atio o f t o t a l reserves to dep osit
and F .P.n ote l i a b i l i t i e s combined
Commitments to make* in d u s tr ia l loans




1 , 3146,7140
8,239
39,336,810
165,801
228,153
27,165
75,8914

-

724
46,730
257
-

39,883,823

-

4 9 .1#
•3,391

-

.____

+6,863,339

-

+
+

80a

+.

—
+_

+

4 5 ,5 3 1
.r / o

70

678

9,359
40,056
200
12, 1153

+6, 925,9 0 7
-

14 . 9$
6,8 9 1

-Porn^ F. R, 283b
STATEMENT o f CCTOIT 10!; OF THE
FEDERAL RES/'Flffi. BANES ON F2BFU.'JiY 7, lok5
( I n thousands o f d o lla r s )
A S S E T S
T o ta l
Gold c e r t i f i c a t e s
17,747,865
Redemption fund-F.h.notes
624,821
Other cash
234,130
T o ta l reserves
Discounts and advances
In d u s tria l loans
XJ* S* Gayt. s e c u r it ie s :
Bills'**
C e r t ific a t e s
Notes
Bonds

13,656,816
199,306
3,721

Boston

New York

899,153 5,141,555
.4o,6ci
23 , 6c

s.5,375
68,413

P h ila .

C leve.

971,781 1346,733
42,793
57,310
2 l , 2 l3
2;;, a >3

963, 362 5,305,343 1035,737 1423,976

8, 500
197

92,775

10

Rich.

A tla n ta

Chicago S t.Lou is

¡¿inn. Kans.Cy.

965,484 3088,901
37,929 110,508
22,743
34,704

639, 96 } 566,413
32,635 15,776

971,163 1026,161 3234,113

635,995 3' •/,8 (7

904,477
43, 0,2
l*,o44

2,325
2,590

10,025

4,450

303

121

656,429

993,457
4.63,129
143,739
109,899

671,965
315,647
100,325
74,102

300
20

7,353
- -

13,387

29,450
- -

5,683

5 ,? H
- -

633,824

D allas SanFrcji.

25,668
13,818

507,040 2282,430
18,645
93,935
10 ;-378
26,751

673, 310

536,563 2403,,166

37, 445

25

775
- -

500
450

540,630 2038,857
645,232
79,149 205,080
58,461 .151,476

423,142 254,936
251,472
75,570 42,346
54,340 - 31,273

404, 325 349,870 1390,.815
242, c43 205,063 495,,163
7o, 932
65,179 159, 655
56, ■323.
43,143 117, 135

927, 31.1 3040-,645

7Q?,524, 4 6 i,'79 J

780, 623'

663, 2602165,823

sscu rifcieT
19,265,264 1193,717 5,019,663,1240,457 1730,607 U 6 6 , 610 927,631 3047,99 5
Due from fo r e ig n banks
Q
116
12
• 12
6
18
1/ 29
5
F*R. notes o f other banks
80,798
3,o<£
3,930 - 11,860 • 8,03-7
11,304 • • '1,975
•10,403
u n collected items
350,211
99,709 170,901 139.720 125,656 289,315
784,593 130,481
Bank premises
34,476
1,605
3,876
4,092
1,607
3,445
3,167
2,345
Other assets
6 1 , 76 o
6,240
13,876
4,289
4,032
3,276
4,135
8,405

816',;'74 467,704

318,‘093;

669,035 2166,773

4
3
5,556
5^9
73.600 .41, 2X7
•»
2, ] 1.0
2L9
3,221
1, 591

4- -5,459

11,413,404
4,926,140
1,565,721
1,156,472

659, 004 3,024,1.24
338, 79G 1 , 225,335
339, 46 l
107, 632
536
287,663
79,

372,994
116,553
87, 566

T o ta l U»S]» Govt» s e c u r itie s
—^
"
’
'
19-,061,737 1135,020 4 , 926, 303.1235,542 1720, 274- 1162,£>39

249,021

T o ta l loans and

TOTAL ASSETS




-

4

91,280

2,653
68,886

2,655
3,227

2,692

894

10
13,950
198 117
1,931
. 6,72.6.

39,883,823 2296,371-10,709,307 2385,674 3344,758 2296,236 2092,423 6593,916 1592,460 902,200 1594,028 1280,727 4795,723
*
m
l / A ft e r deducting '$87,000 p a r tic ip a tio n s o f other Federal Reserve Banks.