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'Form Fé R* ¿S3
STATEMENT FOR THE PRESS
Released fo r p u b lica tion
Frida;/ morning, Jan, 19;
not e a r lie r .

Board o f Governors
o f the Federal Reserve System
January 13,* 19^5

CONDITION OF THE FEDERAL RESERVE BANKS

During the week ended January 17 member bank reserve balances increased
$99,000,000. Additions t o ’’member bank reserves arose from decreases o f
S19U,000,000 in Treasury deposits with Federal Reserve Banks, $53/000,000 in
ncnmember deposits and other Federal Reserve accounts, $1*8,000,000 in money in
c ir c u la tio n , and $2,000,000 in Treasury cash, o f f s e t in part by decreases o f
^176,000,000 in h'Q.s-rve. Bank c r e d it and $21,000,000’ in gold stock. Excess reserves
o f member banks on January 17 were estimated to be approxim ately $1,300,000,000.
Holdings o f United States G overnm ent.securities decreased $256,000,000;
b i l l s decreased $2^5, 000,000 and bonds ? l 6, 000, 000, w h ile c e r t ific a t e s increased
$ 5 ,0 0 0 ,0 0 0 .

• •

Changes in member bank reservo balances and re la te d items during the week
and the year ended January 17, I9ii5, w^re as fo llo w s :

Increase or decrease
since
Jan. 17,
1945

Jan. 10,
1945

’ Jan, 19
1944 '

(I n m illio n s o f d o lla r s )
U. S. Govt. s e c u r itie s ^ in c l. guar, s e c .)
Loans, discounts and advances
0thor Reserve Bank c r e d it

13,651
133
525

• £56
1
+ 80

+6,738
+
32
+
70

Total Reserve Bank c r e d it
Gold stock
Treasury curroncy

19,310
20,572
4,129

- 176
- 21
1

+6,891
- 1,366
+
36

Ii-.rr.bor bank reserve •bal:mces
Lloney in c ir c u la tio n
Tr.fcsury cash
Treasury deposits wi.th F, R. Banks
Honmeraber dep osits and other F. R. accounts

14,156
25,209
2,370
334
1,942

+
-

+1,142
+4,801
+
43
70
- 356




99
43
2
- 194
- 53

jf'jrr. t1'. ii. 283c
Total
Bosten
Jj x ..
Fea^ral Reserve notes
21,664,8^5 1356,067
Deposits:
¡¿ember bank-reserve acct. 14,156,346 654,697
ii*3»Treasurer-f:enerJ!.l ucct. 333,916 • 13,083
P o re im
~
1 , 163,602
74,762
Other
574,027
5,73-3
Total de. os it s
16 , 027, 091- 748,280
Deferred a v a ila b ilit y items 1,634,919. • 129,607
Gth^r l i a o i l i t i e s including
accrued dividends
7,523
339
TOTAL LIABILITIES
Capital paid in
Surplus (Section 7)
Surplus (Section 13'd )
Other capital accounts
TOTAL LIABILITIES AilD
CAPITAL Accoui:rs
Coiaraitmenbs to make
in du strial loans
F. K. notes outstanding
C o lla te ra l fo r F.R.notes
neld by F.R. Agents*
Gold c e rtific a te s
E lig ib le paper
U*S.Govt. secu rities

Discounts and udv&n'ces
In d u strial loans
U. S. Govt, se c u ritie s
f i n d , guar. 8 c c .)




165,125
2 20,i 53
27,165

71,345

CP' THE F&DF.RAL KiiSrAVä BANKS Qtl JANUARY 17, l^hb
(Ir. thousands of d o lla r s )
New York
Fhil:i.
Cleve.
Rich. Atlanta Chicago St.Louis
• inn. Kar'-.Oy.
4,81?,782 1426,190 1994,674 1479,909 1273,034 3983,923 927,040 V75,153 793,984
4,455,619
190,5^8
1/4.55,643

268,025

5,359*795
313,191

693,218 1110,5^3
13,165
97,561

),715
96,453

3,910

9,007

603,974
16,306
46,563
3,024

629,512 2152,060
6,095 * .22,581
30,805 144,125
4,460
6,176

807,054 1236,759
83,940 160,050

670,447

116,682

127,550

706

377

453

1,761

450

679,970 2324,942
243,915
1,309

536,625 318,519
9,005
33,^60
12,579

10,373
25,499
2,175

590,472 356,565
31,136 37,597
242

Dallas SanFrun.
541,340 2693,325

5,795

626,514 1711,555
14,134
15,296
55,260
04,415
3,168
49,975

715,565
92,375

677,126 1861,217
65,909 176,817

663,495
15,017

33,260

213

261

250

668

-34,793 10,494,529 2318,434 3500,183 2267,614 2079,907 6553,395 1598,942 369,528 1602,185 1282,625 4752,527
10,124
12,270
5,276
14,872
6,576
5,621
59,594
5,234
5,910“■ 19,712
5,-31
16,645
6,025
15»8>2
33,201
7,043
6,196
19,872
7,936
4,950
19,071
7,013
84,905
15,259
762 .. 1,429
2,142
4,468
2,350
3,290
1,007
527
1,137
1,3^7
1,073
7,143
.4,124
-5,202
4,192
6,080
10,301
3,9Uo
3,501
4,651
0,817
5,425
13,653
3,589

39,826,949 :2267,160 10,659,922 2360,254 3545,728 ¿.2 >y,9u4 2098,697 6613,616 1615, 630 882,597 1613,339 1298,534 4771,520
3,654

mm

20

2,543

mm

400

----

—

375, •>00 195,000
30, •;oo
682, 775 500,000
»TUK1TY DISTRIBUTION OF LQrJS AND S3C'JIvi:i33

320,000
12,200
525,000

254,000 1474,000

5, 270,000
62., 655
1, 000,000

623,000 812,000
—
7 ,H 0
950,000 1150,000

30 days

31 to
60 days

89,765
5., 5 51

14,000

2,015

3, 510,286

1,784,949

129,415
3,877
18, 651,041

631

-

580,412 2832,002

10,955,000 '610,000
4,020
119,365
810,000
11,362,775

16 to

-

—
817,443

5,012,835 1463,702 1953,200 1525,274 1352,394 4069,494

Within
15 days

—

965, 615 4:-7, 070

22,451,783 1412,347

Total

55

2
5, 891,632

615,000
2,500
950,.00

605,000 1000,000
—
750,000 2300,000

61 to

91 days to

90 days

6 months

23,695
31

4-

. 462.

,27

978,500

2*443,190

543,200

4 , 402, 212-

- 6 months
to 1 vear

1 to 2
years

1/kfter deducting.-^707,319,000 participations o f other Federal Reserve Banks.

-

-

-

-

345,000 1400,000

2 to 5
y-^ars

619,902

Over
5 years

977,220

Ponp. F, f.« 233u
Released for publication Friday morning, January

19,19455;n°t

earlier.

STATK.ISi'T OF COHDITICW
Of THE TVfflLVB jffiLERAL RESERVE BAIiKS : CABINED
(In thousands of d o lla rs )
Increase or decrease
since

I9'u5
a

8 S !•- ! S

Gold c e rtific a te s
Redempti cn fund - F. R. notes
Other cash
Tot:..l resf.rvos
Discounts and advances
In dustrial loans
U. S. Govt, secu rities»
B ills
C ertificates
Kotos
3onds
Total U»S. Govt. securities
guar, sue.)
1 ***■ 1■
r
Total loans and securities
Due from foraiga barik£
F. R. not..s of other hanks
Uncolloctoi items
Bank premises
Othir assots
TOT.iL

Jan. 19,
1944

Jan, 10,
1945

Jan,.17,

17.786,365
609,460
283,214

- 20,')00
- J.530
+.15,350

- 1, 715,210
+ 550, 8S6
76,847

18,679,039
129,415
3,377

-

740
12

- 1, 441,171
+
99,336
6,527

10,9 -3 ,258
4, 891, 64o
1, 568,221
1,205,922

-245,269
+ 5,y>o
- - 15,560

+3, 968,456
+2 , 312,950
+ 8"'0,321
433,470

1?,651,041

- 255,329

+6,,739,257

18,784,333

- 256,591

+6,,320,066

136

34,270
6o;751

+ 4,209
+373,145
. . 1
+ 2,232

39 ,326,949

+ 117,324

+5,659.392

21,664,825

- 29,952

+4,755,154

14,156,346
' 333,916
1 , 163,602
374,027
16 , 027, «.91

+ 99.350
-193,335
- 35,227
- 16,929
- 146,691

.+

650,670

1,634,919

+292,365

+

187,365

1

+

10>3,230

2 , 160,190

a SSETS

5, 68.0

-

-

+
+
-

-

26,417
253*653
931
3.642

L I A B I L I T I E S
Federal K.;sorvo not -s
Deposits:
Member bank-res ..rve account
U.S.Tr« asarer-.rcner-.il account
Foreign
Other"
Total deposits
Deferred a v a ila b ilit y items
Other li a b i l i t i e s including
accrued dividends

7,528

TOTAL LIABILITIES
C a p i t a l

39,335.163
a

c c o u m

+ 115,723

-

64,280

1,779
599.468
+5,

s

Capital paid in
Surplus (Section 7)
Surplus (S .c tio n 13b)
Other capital :.ccounts
TOTAL LL. j-ILITISS^CL CAPITAL ACCOUNTS
Ratio of to ta l reserves to deposit
and F. R. note l i a b i l i t i e s conbin-d
Commitments to saky in dustrial loans




+

+1,.142,743
¿9,340
357,953
-

165,123
228,153
27,165
71,345
39,826,949
h9*&/o
3,654

219

+

+

-

-

-

-

1,332

+117,324
♦

*3%

+
+
+
+

9.547
40,056
200
10,121

+5,659»392
12.7%
5,752

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BnNKS ON JANUARY 17, 19^5
( Ir. thousands o f d o lla rs )

form F. R. 283b
A S S E T S
Total
Gold c e rtific a te s
Redemption fund-i\R. notes
Other cash
Total reserves
Discounts and advances
Industrial loans
U# S, Govt* se c u ritie s:
B ills
C ertificates
Notes
Bonds

17,786,365

609,460
293,211*
18,679,039
129,415
3,877
10,988,258
4,891,640
1,568,221
1 , 202,922

Boston

'New York

875,3-96 5,317*426
96,086
40,740
21,930
68*301

P h ila.

Cleve.

951,184 1332,620
42,509 • 57,474

20,566

21,056

937,966 5,482,313 1014,259 1411.150

4,020
199

Rich.

509,337 2336,273
79,046
18,689
27,826
11,144

904,516 1011,639 3168,577

670,5-91 369,248

667,475

539,170 2443,145

TOTAL ASSETS




-

7,250

2,500

308

126

21

638,299 2 , 698,869
336,465 1 , 2 16 ,716
107,869
390,068
82,742
299,206

635,676
370,402
118,747

951,144
464,919

91,080

114,331

663,979
313,417
100,479
77,074

247,276
79,275
60,809

13 , 651,041 1165,375 4,604,859 12 15 ,9 11 1679.443 1154,949

bue from foreign banks
R. notes of other banks
Uncollected items
Bank premises
Other assets

-

2,800
-

-

534,408 2069,861
6i+o,647
205,397
157,544

34,270
60,751

9
3,445

150,509
;,610
4 , 027 '

12
. 4,106
233,457
4,101'
5,901

2,852
3,944-

- _

12,200
25

mm

445,947 251,200

- - -

-

-

450

42,420
32,539

921,768 3073,-439 ’ •806; 006 458,478

816,123

670,064 2084,626

•

6
. 14,154
146,897

mm

351,061 1308,192
203,640 495,648
65,285 153,900
50,079 121,896

-

12
1/ 49
16,720
3,096
470,077 109,175
8,894 . . 3,4.57
14,263
4,498

30,900

439,622
240,344
77,053
59,104

18,784*333 1169,594 4,667,506 1225,757 1697,001 1157,575. 921,709 3076,239

136
1 :33,230
2 , 160,190

Dallas ! SanFran.

627,410
25,719
14,346

7,110
2,736

-

Kinn* Kans.Cy.

623,007 348,030
32,702 14,795
14,872
5,423

62,635
12

149,050

Chicago St,Louis!

949,256 3018,332
38,298 115,633
34,562
24,085

898,094
47,719
13,703

Total Ü. S# Govt* secu rities
( i n c l # guar, sec..)
Total loans and
se©uriti~s

Atlanta

5
.10,377
149,953
1,611
3,323

13
12,681350,313
2,379
7,909

229,848 132,319
73,68.3
56,!p23

•

836,906 458,478
4
6,808

96,122
. 2 ,1 1 5
3,152

*

•

3
3,650
49,262
l'. 252
1,704

828,349
4
■ 5,46l-

111,2 9 5
2,661
3', 145

670,064 2085,076
4
• 5 ,i7 i
80,500

901
2.724

10
22,561
212,630
1,937
6,161

39,826,949 2267,160 10,659,322 ¿360,2% 3345*728 22.39,944 2098,697 6613,616 1615,688 832,597 1618,389 1298,534 4771,520
i

.

.

.

*•

l / A fte r deducting $97,000 participations o f other Federal Reserve. Banks.