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Form F. R. 283
STATEL.ENT FOR THE PRESS

Released for publication
Friday morning, Jan. lo;
not earlier.

Board of Governors
of the teaeral Reserve System
January 15, 191*2.

CONDITION OF THE FEDERAL RESERVE BaNKS

During the week ended January
member bank reserve balances increased
.i>275,000,000. Additions to member bank reserves arose from decreases of
000,000 in Treasury deposits with Federal Reserve Banks and ^7,0u0,000 in
money in circulation, and increases of ^000,000 each in Reserve Bank credit and
Treasury,currency, offset in part by a decrease of /d,000,000 in gold stock and
increases of
000,000 in Treasury cash and ^19,000,000 in nonmember deposits and
other Federal Reserve accounts. Excess reseives of member banks on January lij.
were estimated to be approximately v3, 5^0,000,000, an increase of v170,000,000 for
the we etc.
Changes in member bank reserve balances and related items during the week
and the year ended January 14, 19^+2, were as follows:

Increase or decrease
since?
Jan. lU,
1942

Jon, 7*
19142

Jan. 15;
191+1

of dollars)
(In 1:milions
.

Bills discounted
U. S. Government direct obligations
TJ. S. Government guaranteed obligations
Industrial ^advances (not including ll; million
commitments - January II4.)
Oth-sr Reserve Bank credit

„

k
2,2149

—

5

—

10
123

70
—

—

+

5

+

64

4
•
+

156
074
160

Total Reserve Bank credit
*jrold stock*
Treasury currency

£,390
22,71+0
3,252

+
-

4
2

•

h

member banlc reserve balances
Lioixey in circulation
Treasury c-ash
treasury deposits with F. R.Banks
Konmember deposits and other F. R. accounts

12,992
11,0o2
2,221+
U19
l,o86

+275




- 47
+
4
-244
* 19

-1,422
+2,520
+
29
+ 132
- 359

Form F. R. 283~a
Released for publication Friday morning, January 16, 191+2; not earlier.
STiiTKISNT OF CONDITION
OF THE TWELVE FEDERAL RESERVE BANKS COMBINED
(in thousands of dollars)
Increase or decrease
s inc e
Jan. 15,
191+1

J an• 7 >
19U2

J^n. ll+,
19U2
A S S h, T S
Gola certificates on hand and
due from li. S. Treasury
redemption fund - F.R. notes
Cth^r cash

20,14.83,015
13,l+3o
337,^53

233
* 41,230

-

61+2,235
3,7ll+
23,1 ol+

Tooal reserves

20,839,10.'4.

+ 38,995

+

o22,785

+
-

+

1497
57U
77

Bills discounted:
Secured by U. S. Gov't obligations,
direct and guaranteed
OtLor bills discounted
Total bills discounted
Industrial advances
U* S. Government securities,
direct and guaranteed;
Bonds
Notes
Bills

2,518
1,061+
3,582

I

A

B

I

L

I

T

I

E

Deferred availability items
Other liabilities including
accrued dividends
C

LIABILITIES
A

P

I

T

A

L

777,300

—

-

10,370

—

+

182,205
122,200
10,370

—

+

70,375

ol+5

+

72,302

- 2,197
+211,702
•
51
+ 1,1+01+

+
+
+

7,597
308,568
717
3,501

+249,290

+1 ,008,268

-

+2,31+5,732

1+7
37,217
1,210,160

1.0,792
1+5,1+39
2l+,1+1+0,328

8,170,581+
12,991,582
1+I8,o09
75l+,8l6
61+0,156

lU,805,lo3
1,087,392
3,179

-

8,173

+27U,828
-2U+,oU5
- 32,51+8
+ 51,972
+

1+9,007

-1,1+21,987
181,5142
U75.020
+
128,209

+

-1,587,256

+207,11+8

+

+

+

029

2UU,810
1,006

00k,292

+21+9,211

+1 r

•

93

+
+

1+6,91+8

ih

+

2l|,1+1+0,328

+21+9,290

2l+, 0 0 6 , 3 1 8
A C C O U N T S

Capital paid in
Surplus (Section 7)
Surplus (oection 13b)
Other capital accounts
TCTiiL L I A B I L I T I E S A N D C A P I T A L ACCOUNTS
Ratio of total reserves to deposit and
F. R. note liabilities combined
Commitments to make industrial advances




2,00l+

S

F. R. notes in actual circul.^.tion
Deposits:
kember bank - reserve account
U.S.Treasurer-General account
Xwoi eign
Other deposits
I'ot^l deposits

TOT.XL

-

+

2,207,569

L

-

—

Total bills and securities

A S S E T S

+
+

107

1,1466,805

2,25)4., 4 7 5

T 0 T IX L

527
1,065
538

9,512

Total U. S. Government securities,
(lii ect and guaranteed

Due from foreign banks
F. R. notes of oth~r ba>iks
Uncollected items
Bank premises
Otiier assets

- 2,002

11+2,780
157,502
26,780

90 • 7/o
ll+,l+27

—

—

-

3,k7k
k37
5
70

+1 ,008,268
-

—

I+07

+

9,338

Forn F. R. 283-b
STATEMENT OF CONDITION OF THE PEL2RAL RESERVE BANKS ON JANUARY 14, 1942
(In thousands of dollars]
A S S E T S
Total

Boston

New York

Phila.

CIeve.

Gold certificates orx hand and due
from u.S. Treasury
20,1+83,015 1,203,336 8,033,144 1,201,248 I,6l9,2i4.6
Redemption fund - F.R.notes 13,436
1,625
735
791
4*039
31,238
Other Cash
357*653
64, 646
24,413
31*533
Total reserves

20,839,104 1 ,238,908 6,099,415 1,226,3*6 1,051,275

Bills discounted;
becured by IT. S. Gov't obligations,
direct and guaranteed
2,518
Other bills discounted
1,064

630
—

75
101

—

9bo

819

176

—

Industrial advances
9*512
U. S. Government securities,
direct and guaranteed:
Bonds
1,466,805
Kotes
777*300
Jills
10,370

1*879

1,098

3,503

280

107,926
57*193
763

1+04,959
314,597
2,803

H5,64i
01,366
ui9

145,076
70,00O
1,026

Total U. S. Gov't securities,
direct and guaranteed 2,254,475

165,802

622,419

178,046

Total bills and
securities

168,391

624,457
10

2,267,569

Due from foreign banks
47
F. k. notes of other banks 37,217
Uncollected items
1,210,160
Bknk pr end s e s
40,792
Other assets
45*439
T O T A L

A S S E T S




3
1,293
3,034
116,6o3
285,575
2,77c
10,507
3,11 u.
12,393

Minn. Kans.Cy. Daila.s

San Fran.

825,612 577,186 3,532,970 661,303 3^6,752 500,3o> 411,515 1,651,363

749
70

63O

Chicago St.Louis

808,474 5?2,^33 3,476,727 636,654 3?0,07> 5^9,043 3?4,571 I,ol7,710
1,238
bOy
962
727
543
1,395
385
22,100
6,266
16,401
53,261
32,415
15,79?
15,743 23,618

900
i+o

3,582

Total bills discounted

Rich. Atlanta

14

—
—

14

—

—

- -

—

60
56

90
700

—

—

118

790

523

92

69,232 44,291
36,713 ^3,471
313
• 490

67,075
35,546
474

57,154
30,207
4o4

126,710
o7,147
696

200

—

—

95

—

95

—

123

514

2d9

37,060
46,456
o20

62,591
33,063
441

17o,434
94,5?7
1,261

222,982

134,744

95,695

274,252 106,465

68,075 103,095

67,845

194,753

182,370

223,436

135,508

4
2,365
155,972
4,439
4,875

2
11,193
8 5 , 5 1 4

46,676

274,541 106,685
6
1
1,625
3,1+43
193,875 50,007
2,971
2,153
2,013
5,159

68,716 103,977 3o,I87
*
1
1
1,006
2,954
1,233
25,977 42,735 41,823
1,141
2,374
.1,338
1,372
2,014
1,693

194,876

5
1,425
o2,403
4,366
3,306

96,423
2
^ 4,084

764

3,008
2,913

24,i440,32G 1 ,531,100 9,035,399 l,5ol,271 2,042,368 1,063,700

1,949
l,ull

247

4
3,532
76,300
2,766
4,271

726,133 4,012,905 030,^49 495,360 720,924 ^45,371 1,953,200

*Less than v500.

Form F. R. 283-d
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JANUARY ll+, 191+2
(In thousands of dollars)
L I A B 1 L 1 T I E

S
Total

b. ft. notes in actual cir6,170,501+
culation
Deposits:
iViember bank-reserve acct. 12,991,582
1+I8,o09
U.S.Treasurer--General acct.
75l+,0l6
Foreign
61+0,156
Other deposits
Total deposits
Deferred availability items
Other liabilities including
accrued dividends
TOTAL LIABILITIES

ll+,005,l63
1,037,392
3,179

Cleve,

662,536 2,098,21+1

573,907

770,692

1+26,199 276,930 1,721,14+0 321,366 207,953 261+, ll+6 132,971+

653,1+73 5,707,268
31,621
69,1+82
29,526
300,161
1+69,009
22,339

679,601+
35,175
70,969
27,239

970,138
35,1+13
68,012
17,529

l+61+,685 338,520 1,925,861
1+0,61+7
35,202 23,660
90,190
32,527 25,071+
l+,032
5,773
5,2O5

736,959 6,566,720
105,362
21+1,173

013,037 1,J91,092
79,270
137,61+3

1+79

523

330

San Fran.

301,902 190,551+ 359,817 3H,5l+0 1,008,220
21+, 105 39,101+ 21,617 25,776
20,301
22,173 16,261+ 21,1+39 21,1+39
56,237
12;, 679 10,51+0 1,526
3o,320
3,035

530,107 393,3u5 2,060,730 1+1+2,061+ 256,1+62 1+0,+,399 3ol,790 1,131,570
173,900 5l+,203 21,11+9 l+o, 090 30,903
02,909 1+3,907
o7,739
303

162

350

69

117

106

119

30

9,1+03
10,91+9
2,871+
2,1+39

52,188
56,651
7,070
12,877

11,879
15,171
l+,393
2,998

Ll+,73<S
ll+, 31+6
1,007
l+,5l+2

5,726
5,236
3,21+1+
1,936

l+,905
5,725
713
2,336

15,693

22,925
1,1+29

8,1+10

l+,l+27
l+,9o6
529
l,9U5

3,016
3,152
1,000

2,511+

l+,608
3,613
1,137
2,017

i+,372
3,976
1,263
1,891+

11,82710,792
2,121
2,990

21+,1+1+0,328 1 , 5 3 1 , 1 0 0 9,035,399 1 , 5 0 1 , 2 7 1 2,01+2,388 1,063,760 728,133 1+,012,965 830,141+9 1+95,368 720,921+ 51+5,571 1,933,200"

Commitments to make industrial
advances

ll+,l+27

139

1+26

2,910

1,077

835

1,700

l,87l+

1,191+

28

1,500

2,71+1+

ailATURITY DISTRIBUTION OF 3ILLS AND SECURITIES
Total
3,582
9,512

Bills discounted
Industrial advances
U. S. Government securities,
direct and guaranteed
2,25!+,1+75




706,115

2l+,066,313 1,505,1+35 0,906,613 1,1+66,030 2,007,757 1,01+7,590 7ll+,L+2i+ 3,961+,506 316,502 1+O5,636 709,51+9 533,^66 1,905,1+70

C A P I T A L
A C C O U N T S
Capital paid in
11+2,700
Surplus (Section 7)
157,502
Surplus (section 13b)
26,780
Other capital accounts
1+6,91+8
TOTAL LIABILITIES AND
CAPITAL ACCOUNTS

Minn. Kans.Cy. Dallas

Phila.

570

Rich. Atlanta

Chicago St.Louis

New York

Boston

Within
15 days
2,621+
3,133
1,000

lo to
30 days
32
600

31 to
oO days
1+8

195
95,170

ol to
90 days
318

156

91 days to
6 months
1+35
1,161

2 Years to
5 Ye^rs

6 months
to 1 Year

1 Year
to 2 Years

125
1,337

1,560

1,370

97,000

21+7,200

1+77,000

Over
5 Years

1,337,105

Form F. R. 283-d

FEDERAL RESERVE NOTE ST^TE^EKT ON JANUARY 14, 1942
(In thousands of dollars)

Tot^l

Federal Reserve notes:
Issued to F.R.Bunk by F. Regent
Held by Federal Reserve Bank

In actual circulation

Boston

New York

Phila.

Clevo.

Rich* utlarta

Chicago St#Louis

,.dnn. K^ns.Cy. Dallas San Fran.

8,629,228 699,846 2,218,773 o00,358 811,291 463,681 301,465 l,7o9,276 3^1,923 213,631 274,550 148,131 786,303
458,644 37,310
120,532 26,371 32,599 37,^82 24,535
47,836 20,557
5,673 10,404 15,157 80,188

8,170,584 662,536 2,093,241 573,987 778,692 426,199 276,93u 1,721,440 321,3^6 207,956 264,146 132,974 706,113

Collateral held by agent as security lor notes issued to bank:
Gold certificates on hand and
erne from u.
fc>.Treasury
Eligible paper

Total collateral




8,7o0,500 72«j,000 2,240,0oJ 615,000 815,000 475,000 31u,OJO l,780,00u 350,0j0 217,000 280,000 154,500 804,000
3,191
030
915
749
—
"
~
"
—
118
7?^