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Form F. R. £53 STATEMENT FOE THE PRESS Released for publication Friday morning, Jan. 22; not earlier, Board of Governors o f 'the Federal Reserve System January 21, 19k3 CONDITION OF THE FEDERAL RESERVE BAKKS During the»week ended January 20 member bank reserve balances decreased $123,000,300. Reductions in member bank reserves arose from increases of $32,000,000 in money in circu la tio n , $1+5,000,000 in Treasury deposits with Federal Reserve Banks, $6,000,000 in Treasury cash and $3,000,000 in nonmember deposits and oth-r Federal Reserve accounts and decreases o f $79*000,000 in Reserve Bank cred it and #9 , 000,000 stock, o ffs e t in part by an increase of $50 , 000,000 in Treasury currency. Excess reserves o f member banks on January 20 were estimated to be approximately $2 , 000, 000, 000, a decrease o f $ 130 , 000,000 fo r the week* The prin cipal change in holdings of b i l l s and secu rities was a decrease o f $157,000,000 in united States Government se cu ritie s. Eonds decreased $ 1 7 , 000,000 and b i l l s $1 ^7 #000, 000, while c e r t ific a te s increased $7 , 000, 000. Changes in member bank reserve balances and related items during the week and the year ended January 20, 19^3* were as follow s: Increase or decrease since Jan. 20, 19U 3 Jan. 13, •191*3 Jan. 21 19 U2 (In m illions of d ollars) B ills discounted 10 U. S. Government d irect obligations 5,773' U. S. Government guaranteed obligations I4.5 In d u stria l’ advances (not including 12 m illion 'commitments ~ January 20) ' 12 Other Reserve .Bank cred it 355 Total Reserve Bank cred it Gold stock Treasury currency Member bank reserve balances Money in circu la tion Treasury cash Treasury deposits with F. R. Banks Nonmember deposits and other F.R, accounts 6,195 22,703 3,71*7 13,156 15,351* 2 ,19 6 37ii 1,5 6 6 + + 3 + 5 7 +3,527 + 111 - l + 76 3 + 234 - 79 - 9 + 50 +3,812 1*7 + U92 -123 + 11 +1*,277 -162 + 32 + 6 + ii5 + 3 + - 8 90 112 STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JANUARY 20, I 9 U3 (In thousands o f d o lla r s ) Phila. Cleve. Chicago St.Louis Rich. Atlanta Boston New York Minn. Kans.Cy. Form F„ R. 283c Total L‘ I A B I L I T I E S F. notes in actual cir> 12, 118,294 culation Deposits : Member tank-reserve a c c t .13» 156,283 U.S.Treasurer-general a cct. 373,71*1 Foreign . 836, 01*0 Other 1*71*, 516 Total deposits ll*,8l*0,580 Deferred a v a ila b ilit y items],^ 102,971 Other l i a b i l i t i e s including accrued dividends. 3,&*5 TUTa L LIABILITIES 28, 065, 1*90 j 81*9,152 1,135,900 776,. 127 538,619 2 ,1*21*,21*9 681,651* 1*,355,779 672,395 1,01*7,971 22,963 25,936 80, 1*05 27,377 63,139 25,1*53 1/335,680 70,^13 301, 01*8 5,281 63,31*7 7,1*73 733,371* 5, 622,912 ‘ 773,71*9 1,206,331* 71,212 21*1*,6?1 109,311 123,131* 526,050 23 ,'1*00 31,371 7,709 591*, 030 31,933 502,209 1,872,1*50 1*56, 71*5 271,210 17,861 59,230 23,909 21,313 22,236 16,306 90, 1*25 25,91*2 2, 91*6 - 12,621 11,1*61* 1*,269 550,281 2, 025,101 515,5H 320,293 29,821 170, 91*6 57,965 19,61*7 872,873 2,71*5,1*1*3 Dallas San Fran. 4 511,190 305,189 1*25,398 21*6,1*25 1 , 287,229 1*37,737 12,073 20,753 6, 231* j>2ó,852 1*7,566 1*71,572 1,309,961 20, 21*0 33,921* 22,236 56,536 3,1*59 1*8,665 517,507 1,1*1*9,086 53,203 87,982 115 232 1*16 1*16 273 638 151 ■.,611 31*5 121 11*3 79 1721,6 69 3,613,731* 169U.395 2 , 1471,196 11*52,561 1113,872 1*, 620,712 1031*,71*5 61*5,272 1000,661 317,255 2,821*,1*18 capital accounts Capital paid in Surplus (S ection 7) Surplus (S ection 13b) Other capital accounts total l i a b i l i t i e s 9,520 11*6,678 160, i*ll 11,160 26,829 2,371* 1*9,975 . 2,725 53,672 53,001 7,070 13,660 11,71*3 15,670 1*» 393 3,200 15,171 11*, 767 1,007 1*,769 5,222 5,725 717 2, 31*2 5,911* 5,236 3,21*1* 2,21*3 16,381 22,925 1,1*29 3,971* 1*,576 4,966 530 2,106 3,150 3,221 1,000 2,596 l*,77l* 3,613 1,137 2,130 1*, 1*60 1*,033 1,307 1,983 12,095 1 1 , 01*1* 2 ,12 1 3,189 and 28,1*1*9,383 171*7,-91*8 8,71*6,137 1729,1*01 2, 506,910 11*69, 193 1132,373 1*, 670, 1*21 1096,923 655,239 1012,373 329,033 2,852,367 • * . Commitments to make in dustrial —— 211 1,006 118 advances 1*,81*0 1 , 721* 332 119 1,633 1 ,6 9 1 11,671*' CAPITiiL ACCOUNTS * F. R. notes outstanding 12,683,171’ 907,732 2,393,11*3 C ollateral fo r F.R. notes held by F.R.Agents: Gold c e r t ific a t e s 12, 1*73,000 363,000 2 , 915,000 E lig ib le paper 6,500 51*0 5,71*5 — U.S.Gcv’ t se cu ritie s 50,000 385,000 87l*,92l* 1,174,767 323,273 531*, 671 2,1*70,070 51*2,351* 312,1*1*9 l*33,6oo 276, 91*6 1,383,71*2 795,000 1 , 100,000 — 130 — 100,000 727,000 565,000 2, 500,-000 -35 -125, 000: 30,000 1*30,000 315,000 -— 1*1*0,000 231*, 000 1 , 1*01^,000 -50 «— — — 5,000 7 5 ,o o o -- MATURITY DISTRIBUTION’ OF BILLS .J*D SIKTJhlTISS Total Within 15 days lo to 30 days 31 to 60 days ol to 90 days 91 days to 6 months 6 months to 1 year 2 2 , 21*5 B ills discounted 18 10,237 .6 ,1*50 1,517 5 Industrial advances 21*2 1,1*75 1*76 1,3.98 12,1*73 7,21*8 559 U. S. Government s e c u r itie s , d ire c t and guaranteed 612,700 292,280 127,712 269,875 5,317,932 51*6,1*12 81,711*. l / A fte r deducting $1*1*9,390,000 p a r tic ip a tio n s o f other Federal Reserve Banks. 1 to 2 years - - 927 21*1,575 2 to 5 years Over 5 ysars — — 105 — l , 1*06,371* 2 ,2 3 9 ,2 9 c Form F, R, 293a Released for publication Friday morning, January ¿‘ 2 ,191*3J not earlier, STATEMENT OF CONDITION OF THE TTiBLVS FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Jan. 20, 19^3 a Jan, 13, 191*3 Jan, 21, 191*2 a S E.T s Gold certificates on hand and' due from U, S, Treasury Redemption fund - F, R. notes Other cash Total reserves Bills discounted» Secured b.y U, S. Gov’ t obligations, direct and guaranteed Other b ills discounted Toial b l l I s ji i s cpunted Industrial advances u. S. Government securities, direct and guaranteed» Bonds. 20,1^8,281 32,205 1+28,608 * 12,001 ♦ 560 + 21*, 1*03 + + 21*, 731* 18,768 75,525 20,959,091* + 12,962 ♦ 69,559 7,200 3,037 10,237 + 1*,250 - 1,000 ♦ 3,250 * + + 1*,966 2,068 7,031* 12,1*73 - + 3,052 557 2,772,055 1,31*5,059 1 , 014.8,000 652,818 - 17,076 — + 7,000 -11*7,133 +1 , 220, 1*50 * 652,559 , +1,01*3,000 61*6,818 5,317,932 -157,209 +3/567,827 Total b ills and securities 5, 81*0, 61*2 +3,577,913 Due from foreign banks F. R. notes of oth^r banks Uncolloctod items Bank premises Other assets 1*7 5?, 1*17 1,1+57,76? 39,270 : 93,11*1* 28,1*1*9,383 -151*, 516 — - I .250 + 50,277 9 + 1,331* - 91,202 12, 118, 29^ • + 9,015 +3,9-19,378 o t c S Certificates B ills, Total If, S, Government securities, dTrpot- nnd guaranteed T0T.iL ASSETS •ft wm + - 25,381 329,788 . 1,515 1*8,028 +1*, 01*9, 15I* L I a B I -L I T I E S F, k. notes1 in actual circulation Deposits» Member bank-reserve account U, S . Treasurer-general account Foreign Other . Total deposits Deferred availability items Otheir lia b ilitie s including accrued dividends TOTxiL LIABILITIES . C -i P I I A L A C C O U N T S Capital paid in Surplus ''Section 7) fcnrpju? (Section 13^) Ot. sr capital accounts T0T-i.j.. LliiBILITI/LS AND C^PIT.vL ACCOUKTS Ratio of total reserves to deposit and F, R. note lia b ilitie s combined Com&dtsaents to make industrial advances 13,156,283 373,71*1 336, 0l*0 1*71*, 516 11*,81*0,530 - 122,866 ♦ 1*5,005 + 6,605 - 3,360 - 75,056 4* 1 , 102,971 - 25,928 + 95,1*65 3,61+5 23,1065,1*90 363 - 92,332 + 322 11*6; 67s 160, i*ii 26,829 . 1*9,975 28,1*1*9,333 + 77.7/o 11,671* 207 — ♦ 923 - 91,202 + + + 10,815 89,561 106,261 182,1*35 21*, 202 +1*, 039,367 3,806 2,909 + 1*9. 3,023 ♦J*, 01*9 , 15I* + + — + ♦ . 2% 1*76 - - 13.1% 2,603 Form F. R. 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JANUARY 20, 191+3 (In thousands o f d o lla r s ) ASSETS Total Boston New York Phila. Cleve. Gold c e r t ific a te s on hand and due from ü. S. Treasury 20,1+99.281 113l+,872 6,758,-1+1+7 1153,215 1,71*0,981+ Redemption fund - F.R.notes 32,205 1/016 1,675 5,1+06 986 Other cash 1+28,608 39*828 100,816 26,686 53*186 Rich* Atlanta Chicago St.Louis Minn. Kans.Cy. 967, 690' 79l*, 692 3*536,631* 69I+, 81+7 1+1*5,521 61+l+,66l 533,.295 2,093,1*23 3,106 2^,836 1,722 2S ,l0o 1,.261+.. l+,ll+l+ 1+5,-968 ' 21,851 ' 187 9,P78; Total reserves 20,959,091+ 1175,716- 6, 860,938 1185,307 1,795,156 1000,632 821+, 520 3, 533,866 720,81+2 l+5l*,786 B ills discounted: Secured by U. S. Govf Gov1 1 t ob lig a tion s, d ire ct and guaranteed 51*0 5, 71+5 130 690 35 — — — -7/200 -Other b ills - discounted 1,281 285 313 129 105 366 90 06 ^ 3,037 Total b i l l s discounted 66 51*0 366 7,026 Ul 5 1,003 161+ 90 105 10,237 Industrial advances 611 i+,277 850 676 232 1*57 12.1i73 1+57 7 371 U. S. Government s e cu r itie s , d ire ct and guaranteed: Bonds 71+2,029 213,762 262,713 167,309 12l+,'0l+l+ 31+1,057 132, 532 31,199 2 , 772,055 201+,503 Notes^ 99., ¿28 60,183 61+, 330 39,1*01 36o,ol+G 106,146 127,1*75 31,1+27 165,1*39 1 , 31*5,059 C e rtifica tes 123, 91+0 1 , 01+8,000 280,531 82,705 99,321 63,1+1+2 1+6,896 50, 121+ 30,698 77,311* B ills 39,71+0 20,286 2ol+, 1+1+1+ 37, 71+1+ 10,1+33 652,818 12.7,606 31+,551+ 31*, 773 23,086 Total U. S. Gov’ t s e c u r it ie s , d ire c t and guaranteed 5,817,932 Total b i l l s and s e cu rities Due from foreign banks F.R.notes o f other banks Uncollected items Bank premises Other assets TOTAL ASSETS 1*20,785 1 , 510, 271+ 1+1+2,167 5,81+0,-61+2’ 1+21,732 1,517,911 3 1 / 13 1+7 1,270 5,396 59,1*17 11+0,120 327,299 1*1+57,7-69 2,722 9,823 39,270 21+, 252 6,327 93,11*1+ 1*1+6,859 5 2,116 33,092 1*, 755 7,267 319 H+,105 331 7,01+9 16,75_1+____1*7,39^* 659,085. 550,380 2,11+7,866 50 31+ — 90 10 228 13I* 90 238 1,335 29 3,071 131,-733 63,91*5 1+9,822 27,71*6 108,662 52,721+ 1*1,080 il+,.06I+ 256,912 121+, 658 97,127 73,277 28l+,780 161,736 273,296 216,530 551,971+ 231*,377 162,173 * 6 1 1*>261+ i+,397 2,335 227, 211* 30, 1+51 31,322 2,110 1,309 .2,917 2,311+ 1*, 376 11,1+1*3 ‘ 27l+,315 216, 6I+9 555,283 1 6,193 61+, 91*8 2,302 l+,52!+ 1 2,155 55,130 1,052 _J,721 1* 9,237 128,58'1 2,691 ___9.1.2Q5 521*,282 31*0,761+ 251, 1+11+ 839,930 526,135 31*1,6ol* 251,976 81+0,573 2 1* 1,672 15,676 170,085 102,331* 3,ol*6 I*, 317 9,51*1 . 5 ,65I* 2 3,993 1*6,61*3 1,726 i+,013 • 28,1+1+9,383 171*7,91*3 3,71*6,137 1729, 1+01 2, 506,910 11+69,193 1132,375 1+,670, 1+21 1096,923 655,239 1012,373 ♦Less than $500. Dallas San Fran* l / A fter deducting ^29,000 participation s o f other Federal Reserve Banks. 329,033 2 , 852,867
@FedFRASER