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Form F. R. 233
STATEMENT FOR THE PRESS
Released fo r p u b lic a tio n
Fri&ay. morning, Jan. 11;
not e a r lie r .

Board o f Governors
o f the Federal Reserve System
January 10, 1946

CONDITION OF THE FEDERAL RESERVE BANKS

D u rin g th e week en^ed J a n u a ry ,9 member bonk r e s e r v e b a la n c e s d e c re a s e d
$ 7 3 ,0 0 0 ,0 0 0 .
R e d u c tio n s ■i n member bank r e s e r v e s r e s u lt e d fro m d e c re a s e s o f
$ 31 1,001,000 in R e s e rv e t.Unk c r e d i t and $ 1 9 ,0 0 0 ,0 0 0 in g o ld s t o c k and an in c r e a s e
o f $ 15 ,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 e s e rv e a c c o u n ts , o f f s e t in
p a r t , b y d e c r e a s e s o f $19 ] ; , 0 0 0 ,0 0 0 in money in c i r c u l a t i o n , $ 50 ,0 0 0 ,0 0 0 in T r e a s u r y
cash and $ 1 3 ,0 0 0 ,0 0 0 in T r e a s u r y d’e p 'o s its w it h F e d e r a l Res.eryc Banks and an in c r e a s e
o f $ 1 0 ,0 0 0 ,0 0 0 in T r e a s u r y c u rro n c y .
E xcess r e s e r v e s o f member bJtfiks on Jan u ary 9
wure e s tim a te d t o be a p p r o x im a te ly $ 1 , 3 3 0 , 000, 000.
H o ld in g s o f lo a n s , d is c o u n ts and advances d e c re a s e d $ 7 ,0 0 0 ,0 0 0 and o f
U nit'ed S t a t e s Government s e c u r i t i e s .$233,.000,000.
The d e c re a s e in h o ld in g s o f
U n ite d S ta te s Government s e c u r i t i e s r e f l e c t s d e c r e a s e s o f ‘$ 9 4 ,0 0 0,00 0 in b i l l s ,
? 1 3 1 , 00 0,000 i n c e r t i f i c a t e s and $8 , 0 0 0 ,0 0 0 in n o t e 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 ite m s d iir in g th e week
and th e y e a r ended Jan u ary *9 , I 9I4S ,"w e r e 'as f o l l o w s :

Increase or decrease
since
t

Jan. 9»
1946

Jaî*« 2,
1946

Jan. 10,
1945

.(In m illio n s ' o f d o lla r s )
U. S. Government s e c u r i t i e s
'Loa n s, d is c o u n ts and advan ces
OtKi-r R e s e r v e B o n k - c r e d it

23,859
. 217
.461

-

£33
7
70

+4,952
+
83
+
16

T o t a l R e s e rv e Bank c r e d i t
’G old s to c k
T r e a s u r y 'c u r r e n c y

24,536
20, 04.6
4,362

»,
<311
- ' 19
+
10

+5,050
- 547
+ 232

Member bank r ^ s ^ rv e b a la n c e s
Money in c i r c u l a t i o n
T re a s u ry ' cash
T re a s u ry d e p o s it s w it h F. R, Banks
Monrumb-vr d e p o s it s and o th e r F .R .a c c o u n ts

15,822
28,297
2,256
75-3
1,S12

*»

+1,765
+3.040
- 116
+ 230
- 183




-

+

78
194
50
13
15

Form F . R. 283c

STATEMENT OF CONDITIO?: OF THE FEDERAL RESERVE BANKS OiT JAKUAHT 9 , 1946
( I n thousands o f a o lla r s )
V

Total
Dallas SanFran.
Boston New York Phila.
Cl eve*
Minn. Kans.Cy.
Sich. Atlanta Chicago St.Louis
LIABILITIES
Federal Reserve notes
24,434*899 1466,198 5*345*932 1625,542 2085,413 1723,921 1473*891 4432,700 1057*260 551,464 9l i , 088 615*715 3195,775
Deposits j
Member bank-reserve acct. 15,821,635 724,198 4,842,121 792,154 1194,486 716,009 751,354 2300,966 606,214 392,488 775,776 748,596 1977,273
U.S.Treasurer-general acct- 757,818 49*253'
286,131
35*026
50 ,64o
29,110
27,672 102,248
24,342
31,090
53*194
39,557
49,555
Foreign
906,232
76,031
25*920
25*920
30*240
58,401 1/354*471
36,288
19,872
25
,920
65,683
75,167
112,319
Other
1,210
400,407
51,396
2,510
3*232
2,127
305,541
3,238
8,147
4,237
5,711
3*445
9,813
Total deposits
17 , 886,092 835,084 5,788,064 910,980 1527,355 787,624 812,711 2521,21(4 666,239 1)49*896 832,955 808,920 2144,992
Deferred a va ila b ility items 1,520,4l6 124,?6l
41,632
60,658 158,724
281,388 105,328 132,931 1 1 3 ,466 118,031 216,357
95,441
73,61+9
Other lia b ilitie s including
accrued dividends
803
2 ,161
501
350
.272
254
8,013
393
*.1*453
294
297
319
.431
TOTAL LIABILITIES
4 3 , 899*420 2426,436 1 1 ,416,842 2642,351 3546,513 2625,442 2 404,983 7172,462 1797,470 1043,556 1837,759 1*35*527 5500,294
Capital paid in
5,343
21,201
178,250
17,902
7,221
6,107
16,430
10,671
63 , 707’ 13 ,16 1
6,458
5,641
3,903
Surplus (Section 7)
10,670
3,869
23 ,924
22,439
116,360
28,946
14,450
53,029
12,939
358,555
11,3 9 1
33,745
15,595
Surplus (Section lj>b)
27,423
3,326
2,142
762
3,012
7,205
527
4,501
1,007
1,15 7
1,307
1,429
1,073
Other capital accounts
2,516
2,162
1,696
•25,868
2 ,156 .
2,977
2,071
1,814
2,154.
2,154
1,845
2 ,495
1*828
TOTAL LIABILITIES AND
CAPITAL aCCOUiJTS
44,439*321 2464,714 11,607,591 2691,113 3601,326 2653,744 2428,724 7250,616 1818,391 1053,877 1853,430 1505,439 5550,306
Commitments to make
industrial loans

1,666

164

725

300

200

—

—

—

——

—

135

92

F. 2 . notes outstanding
25,525,033 1533*265 5*524,043 1691,331 2174,713 1793,61+4 1559*972 4559,516 1112,937 569,535 946,182 657 À96 3401,349
Collateral fo r F. R. notes
hold by F. R. ..gents t
Gold certificates
10 , 558,000 460*000 3 , 520,000 500,000 655,000 600,000 680,000 1590,000 300,000 ' 175,000 230,000 169,000 1649,000
—
—
---—
Eligible pap^^
10,800
12,200
2,500
—
3,540
154*790
5,250
,9*775
110,725
500,000 1900,000
S. Govt, s/jcurities
15*330,102 1100,000 2 , 000,000 1200,000 1550,000 1225,000 900,000 3000,000 905,102 400 ,000 700,000
}
MATURITY DISTRIBUTION OF LOAMS .2- D sücuariiES
Within
l6 to
31 to
6l to'
6 months 1 to 2 2 to 5
91 days to
Ovdi
yo.ars
5 years
6 months
to 1 year
Total
90 days
yejirs
15 days
30 days
60 days
1
-----—
—
Discounts acid advances
10,310
214,340
. ’ 145,760
48,475
10,295
Industrial .loans
*•—
! 12
3
1,882
1
1,773
13
4
13
53
690,690
U. S. Govt,;
securities
5,507,321
1 , 640 , 1;00
44+32,140
507 £52
23,353,692
2,733*555
3,553,504
4,333,150
*
1/ A fter deducting $551,22?,000 participations"of other Federal Reserve Banks



Form F. R; 283a
Released fo r p u b lica tio n F riday morning,.January 11,1946} not e a r lie r .
STATEMENT OF CONDITION
OF THE TWELVE FEDERAL RESEhVS BANKS COMBINED
(In thous.ands of d o lla rs)
Increase or decrease
since
J$n. 9 ,
I 9U6

A S S‘ S I S
Gold certificates
Redemption fund for F, R. notes
Total gold certificate reserves
Other cash
Discounts and advances
Industrial loans
U.S. Govt, securities*•
B ills
Certificates
Notes
Bonds
Total U. S. Government
securities
Total lo*ns and securities
Due from foreign banks
F. R. notes of other banks
Uncollected items
Bank promises
Other assets
TOTAL ASSETS

*

-

'
+ 25,995
+'.. 1,964.
+ 27,959

t

717,805
191,333

-

526,472

277,548

+ 4 5 ,io o

+

10,184

21ii,840
1,882

7,642
,57

+

84,685
2,007

•12, 566,189
8,810,511
1, 535,100
-946,892

- 94,490
- 130,500
- 8,000

+1, 332,662
+3,923,871
33,121
- 271,590

23, 858,692

- 232,990

+4,951,822

24,075,414

- 2i*0 , 689 , « +-5,034,500

17, 088,560
802,323
17, 890,883

110
170,950
1,981,365
33,376
•59,675

+
♦

+ 10,580
-363,787

-r
-

4,275

.
+

26
66,929
194,320
• 895
1,156

44,489,321

-525,112

+4,779,696

21*, 1*84,899

‘ -149,969

+2, 790,122

15,821,635
757,818
906,232
400,407

78.501
- 13,335
+ 52,701
- 45,250

+1,764,639
•+ 230^017
- 292,597
+
'9,451

17, 886,092

-

1,520,416
8,013
43,899,420
*
178,250
358,355
27,428
' 25,868

8^,385

+1, 711,510

-293,770

■'+'

+

280

-527,844

+

1771862

vO
CO




Jan.- 10,
1945

+

LIABILITIES
Federal Reserve notes
Deposits«
Member bank - reserve account
U.S.Treasurer - General account
Foreign
Other
Total deposits
Deferred a vaila b ility items
Other lia b ilitie s including accrued
dividends
TOTAL LIABILITIES
C A P I T a L ' A C C 0‘ IJ N ? S ‘
Capital paid in 5
Surplus (Soction 7)
Surplus (Section 13b)
Other capital accounts
TOTAL LIABILITIES-AND CAPITAL ACCOUNTS
Ratio of gold certificate reserves
to deposit and F.R.note
lia b ilitie s combined
Commitments to make industrial loans'

Jan. 2,
1946

+4,579,980

1,819

13,346'
130,202
.263
44,095

44,489,321

- 525,112

+4,779,696

42. 2fo
1,666

+ * .3f» .
+
20

6.4%
1,995

+.

913
*

+

+
+.

Form F. hf 284b
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JANUARY 9, I 9U6
( I n thousands o f d o lla r s )
A S S E T S
Total

Bo'ston

New York

17,088,560

765,34b

5,390,682

802,323

59,090

108,912

17,890,883

824,431*

5,499.594

Oth$r cash

277,548

22,618

49.339

18,648

23,523

Discounts and advances
In d u stria l loans
U. 5. Govt, secu rities*
B ills
C e rtific a te s
Efotes
Bonds

21^,840
1,882

12,924
110

127,739

9.386
1.723

8,739

12,566,189
8,810,511
1 » 535,loo
946,892

683,995
605,913
105,572
65,120

2,66^553
2,206,874
384,515
237;i7y

Gold c e rtific a te s
Redemption fund fo r
F.' R. notes
Total gold c e r t ific a t e
reserves

P h ila.

Cleve*

841,115 1100,597

60,969

.Rich. • Atlanta
906,389

77,886

63,3^2

902,084 1178,483

969.731
20,292

—

760,026 1108,176
666,693 842,032
116,161 146,711
71,651
90,495

4,474
49
772,462
552,464

96,259
59,375

Chicago St*Louis

950,735 2684,658

Liinn,. Kans.Cy.

Dallas !3anFran.

558,^44

332,913

586,319

469,459 2501,805

150,167

42,954

20*132

35.216

26 , 123 . 111,707

996,560 2834,825

601,498

353,045

621*535

495,582- :2613,512

45,825

25.326

32,400

15,731

7,103

13,624

1 1 , 698..

37,246

3,945
---

12,210
—

4,950
—

11,881
——

13,610

-*1,410
—

3,572
—

654,792 ;2573,412

530,626
432,339
75,329
46,465

456,781 1130,876
79.587 197,038
121,538
49,092
n

313,688

532,024
428,924
74,733
46,097

240,428
41,891
25,840

414,547 1553,888
385,276 861,911
67.128 150,176
41,407
92,633

T otal U.S,Government
se c u ritie s

23,858,692 1460,600

5,497.121- 1614,531 2187,414 11*80,560 1240,252 ;4022,864 1084,759

621,847 1081;778 *908,358 ;2658,608

Tota.1 loans and
se c u ritie s

24,075,414 1473,634

•5,624*360 1625,640 2196,153 1485,083 1244,197 i4035,074 1009,709

633,728 1095,398

Due fjfom foreign banks
F.R. -notes o f other banks»
Uncollected items
Bank premises
Other assets

TOTAL ASSETS




110

170,950
1,981,365
33,376
59.675

7
5,611
132,951
1,352
4 ,10 7

10
12,924

1/40

10

2T ,921

6,986

389,324
8,674
13.B39

130.-332
3,313

180,401

4,100

5.763

3,989

4.
5
. 14
34,588.
17,077
14,309
137,-772 143,541 319.719
3,106
1,568
2,769
8,401
3,504 . 3,219

.3
9,611
96,312
2,059
3,468

.
3
5,984

.3
9.962

56,166

112,524

1,263
1.585

■

2,591
2,853

909, 768-*:2662,180
8
26,130
203,090
829
1,863
6,277
2,559.

3
5,847
79,153

44.489,321 2464,714 11,607,591 2691,113 3601,326 2653,741+ 2428,724 7250,616 1818,391 1058,877 1858,480 1505,432 5550,306
l/

A fte r deducting $70,000 participation s o f other Federal Reserve Banks.