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Form F. P. 283
STATEMENT FOR THE PRESS

Released fo r p u b lica tio n
F r id a y m orn in g, Jan. 4»

Board o f Governors
o f th e F e d e r a l R e s e rv e System
Jan u ary 3» 1?46

not e a r lie r .

CONDITION OF THE FEDERAL RESERVE BANKS

D u rin g th e w eek ended. January 2» member bank r e s e r v e b a la n c e s in c r e a s e d
$2i|2,000,000. A d d it io n s t o member bank r e s e r v e s a r o s e from d e c re a s e s p f
$ 42 8,0 00 ,0 0 0 in T r e a s u r y d ep b si'tS w it h F e d e r a l R e s e rv e Banlcs'and $ l ,5,c!-,-CT00,000 in
money in c i r c u l a t i o n and an in c r e a s e o f $ 1 8 ,0 0 0 ,0 0 0 in T r e a s u r y c u rre n c y , o f f s e t
in p a r t b y a d e c re a s e o f $ 32 5,0 0 0 ,0 0 0 in R e s e rv e Bank c r e d i t and in c r e a s e s o f
$ 2 3 ,0 0 0 ,0 0 0 in T r e a s u r y cash and $ 1 5 ,0 0 0 ,0 0 0 in nonpember 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 .
Excess- r e s e r v e s o f member banks on January 2 w ere
e s tim a te d t o be a p p r o x im a te ly $ 1 , 4 8 0 , 000, 000.
The s u rp lu s o f th e F e d e r a l R e s e rv e Banks was in c r e a s e d a t th e end o f th e
y e a r from $228,153#000.
to $ 35 8 »3 5 5 »0 0 0 .
Of th e in c r e a s e , a b iu t $ 82 ,0 0 0,00 0
came from, e a rn in g s in e x c e s s o f expense and d iv id e n d re q u ire m e n ts d u rin g 19 4 5 and
about $4 8 , 000, 0Q’0 fro m r e s e r v e s f o r c o n t in g e n c ie s w h ich a r e c a r r i e d as p a rt' o f
th e c a p i t a l a ccou n ts o f th e F e d o ra l R e s e rv e Banks.
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 $ 27 0,000,000 w h ile
h o ld in g s o f U n ite d S t a t e s Governisient s e c u r i t i e s in c r e a s e d $ 5 5 »0 0 0 ,0 0 0 .
The in ­
c r e a s e in h o ld in g s o f U n ite d S t a t e s povernm ent s e c u r i t i e s r e f l e c t s an in c r e a s e
o f $ 7 7 4 , 0 0 0 ,0 0 0 in c e r t i f i c a t e s and d e c r e a s e s o f $ 1 4 2 , 0 0 0,00 0 in b i l l s and ’
$ 5 7 7 » 0 0 0 ,0 0 0 i n 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
and «th e y e a r ended Jan u ary 2, 1946, w ere as f : llov.-s 5

ite m s d u rin g the- week

Increase op decrease
sinde
!

Jan. 2 ,

D ec. 26,

,....1946
»■
.

1945

Jan* 3»

....... 191*5
.-*■
■
■
■
»—

(I n m illio n s o f d o lla r s )
U. S, Government s e c u r i t i e s
Loans, d is c o u n t s *and advances
O th er R e s e rv e Bank c r e d i t

24,092
224
531

+ 55
- 270
- 110

+5,358
+ 190
171

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 rea su ry cu rren cy

24,847
20,065
4,352

- 325
18

+5,377
- 554
+ 222

Member bank r e s e r v e ^balances
Money in c i r c u l a t i o n
T r e a s u r y cash
T r e a s u r y d e p o s it s w it h
R* Banks
Honm^mber d e p o s it s and o th e r F* R ,a cc o u n ts .

15,900
28,491

+ 242
- 158
+ 23
- 428
+ 15

+1,979
+3.> 165
62
+ - 179
214




2 ,3 0 6

771
1,797.

—

+

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JANUARY'2, 1946
(In thousands of dollars)
New York Phila.
Cleve.
Rich* Atlanta Chicago St.Louis Minn*.' Kans.Cy.

Form F. R. 203°

L I ’A B I L I T I E S
T o ta l
Boston
Federal Reserve notes
24,634,868 1479*639 5* 390,233 1634,341 2097,164 1738,326 1483,035 4446,598 1063,526
D eposits:
l.iember bank-reserve a a c t. 15, 900,136 694,325 4 , 909,765
794,791 1167,007 706.190 757,299 2342,291 589,165
U .S .T reasu rer-gen eral acct..
771.155
94,202 , 95,700
37,246
80,646
44,427
52,143 125,823
45,794
Foreign
355,531
55,653 1/ 334,579
71,383
70,572
34,069
28,391 105,453
24,335
4,017
336,609
8,518
7*758
11,087
5,196
3,860
9,750
0th3r
445»657
T o ta l deposits
17,970,477 848,197 5,676,653 911,938 1325*983 795,773 843,029 2577,427 669,044
D eferred a v a i l a b i l i t y items ^
286 133*862
281,750 122,351 180,260 184,339 137,980 260,482
69,144
Other l i a b i l i t i e s in clu d in g
*
*
accrued dividends
1,368
362
1,792
417
430
• 296
511
783
:7,733
TOTAL LIABILITIES
44,427*264 2462,115 11*350,004 2669,141 3604,190 2718,368 2464,406 7,286^991802,010

Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts
TOTAL LIABILITIES AND
CAPITAL ACCOUNTS
Commitments to make
industrial loans

F.R. notés outstanding
Collateral for F»R. notes,
held by F.R. Aj-ents*
Gold certificates
Eligible paper
U.S.Govt. securities

Discounts and advances
In d u s tr ia l loans
TJ. S . Govt, s e c u r itie s




177,337
358,355
27,428
____ 24,049

10,639
22,439

63,636
13,064
17*693
116,860
28,946
33*745
• 7,205
4,501
1,007
2,531 „ 2,014_____1,970

3,012

2,o43

7,179
15*593
3*326
2 , o44

6,398
i4,!*5ü
762
1,971

21,125
53,029
1,429
2,285

5,613
12,939
527
1,713

Dallas SanFran.

552,003

912,550

619*904 3217,769

386,733
50,402
18,657
2,498

778,485
52,502
24*555
3*122

750,480 2025,605
72,565
59,705
61,769
24,555
2,938
50,504

458,290
45*677

838,444
108,416

817,456 2208,243
95,886 194,039

310

246_______ 844

374

1056,344 1859,500 1535,492 5620,895
6,027
16,297
3,896
5,770
10,670
28,924
8,869
11,891
1,507
2,142
1,073
1,137
1.750
2.358
I.6& 0
1.750

45,014,455 2500,248 11, 540,256 2717,666 5658,605 2747,010 2437,-987 7364,167 1822,802 3071^22 1380,048 1553,246 5670.596

1,646

164

~ -

705

300

200

'185

25, 617,619 1538,885

5,555,137 1698,506 2180,18L. 1799,460 1565,142 4570,154 1117,499 569,504

10, 525,000 460,000
155,052
1,060
15, 588,221 1100,000

5, 120,000 500;000 . 655,000 670,000
115,880
4,250
- 1.575
2, 400,000 1200,000 1550,000 1175,000

Total

’ Within
15 days

2 2 2 ,4 8 2

161,847

1*959
24,091,682

2,751*685

1,828

. 16 t o
- 50 éays
39,999
3
3, 512,914

680,000 1890,000
- - 900,000 2700,000

10,010
57
5,469,554

8
1, 665,900

665,464 5412,887

500, 000170,000 280,000 169, 0001649,000
7,017 10, 0 0 0 . 15, 25.0 .
- 865,221 400,000 700,000 500,000 1900,000

MATURITY DISTRIBUTION OF BOANS AND SECURITIES
9I days to
6 months
31 to ;;
61 to
•'6 months
to 1 year
90 days
60 days_10,62é
r
4
5,155,669

947,002

92

15
4, 581,640

l / A f t e r deducting $517,528,000 p a r tic ip a tio n s o f oth er Federal Reserve Banks,

1

to 2
years

2 to 5
years

Over
5 years

15
- -

‘‘
15
507*652

690,690

Form F, R, 283a
Released for- publication Friday morning, January U,.I9U6 ; not e a r lie r .
STATEMENT OF CONDITION.
OF THE TWELVE FEDERAL RESERVE J5ANKS COMBINED'
(In thousands of d o lla rs)
Increase or decrease
since
Jan. 2,

I9k6

Jan. '3,
19^5

Dec., 26,
•191*5

A S S-E TrS
Gold c e rtific a te s
Redemption fund fo r F, R, notes
Total gold certifip ate,reserves.

-

+

771*, 800
193,253

12
+ "25,671* ■

-

581,51*7
12, 901*

-269,51*5
99

+

192,632
1;802

17,062,565
800,359
17,662,921*

12

Other cash

232, 1*1*8

Discounts and advances
Industrial loans
U.S. Govt, securitiess
B ills
C ertificates
Notes
Bonds .

222,1*82

12,660,679
8, 91*1,011
1, 51*3,100
91*6, S92

« 11*1,890
+773,550
-576,550

Total U. S. Government
securities J

21*, 091,682

+ ’ 55, 1^

*5,357,3211

Total loans and secu rities

24, 316,103

-2lU,53ji

+5,5U8,15U

1,939

Due from foreign banksF, R, notes of other banks
Uncollected items
Bank premises
Other assets.;

110
160,370
2, 31*5,152
33,376
63,950

TOTAL ASSETS -

+.26,775
+325,676
239
+
1*1*2 ,

'+1,620,513
+4,051*, 371
25,121
- 292,1*39

-■
+
+*

* 26
52,827
86,085
- 895
'5,589

1*5, oil*, 1*33

+163,782

+1*, 925, U 3

21*, 631*, 868

-101,523

+2, 892,072

15,900,136
771,153
853,531
1*1*5,657
17,970,1*77

+21*2,1*58
-1*27,557
- 9,905
+ 26,777
-168,227

+1,978,71*1
+ 179,321*
366,565
+
57,177

1,811*, 186

+1*35,633

L I A B I L I T I E S
Federal Reserve notes
Deposits»
member bank - reserve account
U.S.Treasurer - General account
Foreign
Other
Total deposits
Deferred a v a ila b ilit y items
Other l i a b i l i t i e s including
dividends
TOTAL LIABILITIES
C A P I T A L

....... -

accrued

+160,835

+
863
+1*,826,3l*0

177,337
35^,355
27,1*28
2l*,0l*9

+ 1,501
+130,202
+
263
- 1*29,019

+
+
+
-

1*5, Oil*, 1*33

+163,782

+1*, 925,113

7,733
1*1*, 1*27,261*

-

5,01*8

• A C......................
C O U H......
TS
/
. ■■ .1

Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
Ratio of gold c e rtific a te reserves
to deposit and F.R.note
li a b i l i t i e s combined '
Commitments to -make in d u strial loans"




+1,81*8,677
+
81*, 728

1*1.
1,61*6

+
-

.2$
1,201*

-

12,938
130,202
263
1*1*, 630

6.8$
2,163

Form F. R» 284b
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JANUARY 2, lgi|6
( I n thousands o f d o lla r s )
A S S E T S
Total

Boston

New York

17,062,565

739,087

4,874,011

800,359

'59,189

124,283

17 , 862,924

798,276

4,998,294

Other cash

232,448

18,125

36,179

15,777

Discounts and advances
In dustrial loans
U.S. Govt, secu rities*
B ills
C ertificates
Notes
Bonds

222,482

4,209

132,894

8,386

12,660,679 704,843
8, 941,011 . 615,225
1,543,100 106,181
65,156
946,892

2, 980,919 775,955 1078,545
2 , 238,391 •676,658 854,982

Total U.S. Government
securities

24 , 091,682 l49l»U05

5,842,682 1641,056 2171,633 1531,4 io 1269, 7363617,422 1087,177 640,550 1094,378

926,091 2778,142

Total loans and
secu rities

24, 316,103

1495,724

5,975,576 1651,203 2190,172 1535,012 1271 , 3813629,532 1095,604 651,631 1111,053

927,501 2781,714

Due from foreign banks
Ho
F.R. notes of other banks i60,370
uncollected items
2,34:5,152
Bank premises
33,376
Other assets
63,950

7
5,138

Gold c e rtific a te s
Redemption fund fo r
F» R. notes
Total gold c e rtific a te
reserves

TOTAL ASSETS




1,939

110

172,276
1,352
9,350

-

-

386,317

237,055

1/40

19,009
490,170
8,674
13,214

Phila*

Cleve.

Rich.

834,041 1126,649

889,911

78,031

60,083

61,134

895,175 1204,680

1,761

116,782

71,661

10'
6,&5U
141,801

3,313
3,933

15,542
18,539
-

-

147,559
90,547

Atlanta

Chicago St.Louis

967,749 3193,380
45,950

135,309

949,99k 1013,699 3328,689

17,608
3,549
53
814,515
560,736
96,775
59,384

10
5
j o , 24a
12,696
225,840 207,-837
2,769
3,989
5,73b
3,543

23,941

26,703

1,645

12,110

-

-

-

-

Minn. Kans.Cyv

567,746 327,586

581,676

20,145

35,246

610,743 347,731

616,922

42,997

14,726

7,048

14,287

8,427

11,081

16,660

-

-

-

-

15

D allas SanFran.
477,737 2482,992

26.155

111,837

503,892 2594,829
11,360
31,152
1,410
3,572
-

-

677,012 2150,306 526,400 328,470 537,873- 426,315 1659,526
463,613 1147,538 438,623 244,101 435,283. 390,911 874,950
67,466 151,005
75,701 42,128
75,124
80,013 198,049
49,098 121,529 ‘ 46,453 25,851 ‘ 46,098 ' 41,399'' 92,661

4
14,719
159,255
1,568
3,420

14
17,571
350,441

3,106
8,111

3
9,557
86,593
2,059
3,517

3
7,087
55,474
1,263
1,585

3
9,881
122,541
2,591
2,770

8
3
22,565
6,429’
100,324 232,600
829
1,863
2,908
5,865

1*5^014,1*33 2500,248 11,540,236 2717,666 3658,-605 2747*010 2487,98? 7364^1671822,802 3071,822 1880,048 1553»246 5670,596
l / A ft e r deducting $70,000 p a r tic ip a tio n s c f other Federal Reserve Banks.