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STATEMENT FOR THE PRESS . , . Released f o r publication Rriday morning, J a n . 30; not e a r l i e r . B-230 F e d e r a l -Reserve Board J a n u a r y 29, 1931. CONDITION OF FEDERAL RESERVE BAMS The d a i l y a v e r a g e volume of F e d e r a l r e s e r v e t a z i k c r e d i t o u t s t a n d i n g d u r i n g t h e $ 9 9 l o ^ O O o ! T S c ^ L r o n 7 3 ! o O o ! o o H o S w e ^ w i t h t h e p r e c e d i n g w e e k a n d of $ 2 2 0 , 0 0 0 , 0 0 0 c o m p a r e d w i t h t h e c o r r e s p o n d i n g week i n 1 9 3 0 . On J a n u a r y 28, t o t a l r e s e r v e t a n k c r e d i t a m o u n t e d t o $ 9 5 6 . 0 0 0 0 0 0 , a d e " b a l a n c e s a n d a n i n c r e a s e of $ 5 , 0 0 0 , 0 0 0 i n m o n e t a r y g o l d s t o c j c , o f f s e t m p a r t hy a d e c r e a s e of $6,000,000 in Treasury currency. H o l d i n g s of d i s c o u n t e d t i l l s d e c r e a s e d $15,000,000 d u r i n g t h e week the iEEEHE-iaBHrHSEBE—.. s I n n ? r ? n c i s S o ! 6 $ 6 . O O ^ S o o ' a t ' S e v e i a n l ' S d ' $ 3 ^ 0 ^ , 0 0 0 a t Richmond and an i n - $9,000,000. C h a n g e s i n t h e amount of r e s e r v e t a n k c r e d i t o u t s t a n d i n g a n d m r e l a t e d i t e m s d u r i n g t h e week a n d t h e y e a r e n d i n g J a n u a r y 2 8 , 1 9 3 1 , were a s f o l l o w s . I n c r e a s e or decrease since J a n . 28 1931 • J a n . 21 1931 J a n . 29 1Q30 ( I n m i l l i o n s of d o l l a r s ) B i l l s discounted B i l l s "bought United States s e c u r i t i e s O t h e r r e s e r v e "bank c r e d i t TOTAL RESERVE BAM CREDIT Monetary g o l d s t o c k Treasury currency a d j u s t e d 215 120 SlO 10 956 4,637 1,781 4,544 Money i n c i r c u l a t i o n 2 , 4 2\ 5' Member nU kXX.r e s e r v e " b a l a n c e s WiUUCX tUaCU Unexpended c a p i t a l funds,nonmember d e p o s i t s , e t c . 40) - 15 - 32 - 15 4 + 64 6 6 - 49 - 16 + 1 192 - - + - + + + + - 138 133 19 215 347 6 36 117 l4 R e l e a s e d f o r p u b l i c a t i o n F r i d a y morning, J a n . 30,1931;' not e a r l i e r . B-230a RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BMKS COMB DIED ( I n t h o u s a n d s of d o l l a r s ) Jan. pg.iq^l Jan. 21,1931. JjHL-- R E S O U R C E S Gold w i t h F e d e r a l r e s e r v e a g e n t s . . . Gold r e d e m p t i o n f u n d w i t h U . S . T r e a s u r y Gold h e l d e x c l u s i v e l y a g a i n s t F . R . n o t e s Gold s e t t l e m e n t f u n d w i t h F. R. B o a r d Gold a n d g o l d c e r t i f i c a t e s h e l d "by b a n k s Total gold reserves Total reserves ITon-reserve c a s h • • B i l l s discounted: S e c . by U . S . Government o b l i g a t i o n s Other b i l l s d i s c o u n t e d Total h i l l s discounted . . . . B i l l s bought i n open market U. S. Government s e c u r i t i e s : Bonds Treasury notes C e r t i f i c a t e s and b i l l s Total U.S. Other s e c u r i t i e s T o t a l b i l l s and s e c u r i t i e s . . . . . . I L I T 220,31 2 186,629 4O6,94i 258,472 4,855,382 96,632 181,452 346,507 624,591 650 l,00b,75l 712 26,194 507,312 58,034 19,032 4,957,390 69,570 170,252 236 , 71 4 476,536 12,430 1,154,379 721 29,670 543,350 58,260 12,810 5,062,534 1,478,302 1,517,843 1,701,901 2,424,906 34,629 6,357 18,583 2,484,475 435,879 169,531 274,636 12,559 4,855,382 2,440,730 22,650 6,o4o 18,734 2,488,154 494,734 169,712 274,636 12,311 4,957,390 2,307,9*^8 35,075 5,718 20 , 272 2,369,013 527,238 171,416 276,936 16,030 5,062,534 190,135 336,762 609,577 150 945,405 702 22,300 445,328 58,034 I B S F. R. n o t e s i n a c t u a l c i r c u l a t i o n Deposits: Member b a n k - r e s e r v e a c c o u n t . . Government Foreign bank Other d e p o s i t s Total deposits Deferred a v a i l a b i l i t y items Capital paid in Surplus All other l i a b i l i t i e s . . TOTAL LIABILITIES . . . R a t i o of t o t a l r e s e r v e s t o d e p o s i t a n d F. R. n o t e l i a b i l i t i e s c o m b i n e d . C o n t i n g e n t l i a b i l i t y on b i l l s p u r c h a s e d for foreign correspondents . . . . 79,612 150,273 229,885 151,625 18,642 TOTAL RESOURCES . . . L I A B 68,206 146,931 215,137 120,241 1,819,293 418,335 854,086 3,091,714 82,980 Government s e c u r i t i e s Due f r o m f o r e i g n b a n k s F . R. n o t e s of o t h e r b a n k s Uncollected items Bank p r e m i s e s All other resources 3,278,432 86,539 35,224 180,718 Reserves other than gold l,654,164 58,258 1,712,422 645,447 627,343 2,935,212 203,144 3,188,356 74,988 1,763,219 35,66s 1,798,887 421,588 853,673 3,074,148 180,136 3,254,284 85,071 1,784,009 82.7$ 81.2% 78.3^ 442,435 448,667 535,229 R E S O U R C E S RESOURCES M D LIABILITIES OF THE FEDERAL RESERVE BAZKS ON JANUARY 2 8 , 1 9 3 1 ( I n t h o u s a n d s of d o l l a r s ) nmfl held exclusively afialnst ^ ^ 4^,463 l 6 l , 3 3 2 19o,335 ~ a 86,4l4 132,724 180,058 78,458 43,818 66,432 27,732 225 , 266 --S2-- ,saj;gjiiiiHgg5gg|| rrir;™^ %%%%%% ^ % :!i==" 5:: a 5 5 5 ~ 1 1 i = s s i s z : j : ; 3 f : f g a a g « « * gr , « •r.:";"'::. »•=» »•» 2 ssn~ | | t | -|| >i i | |11| a 4 -I -1 -1 f All other resources TOTAL RESOUECES l a ,o4^ ±Hz p =-L^ 2—> 4,855.382 351,785 1,631,017 363,460 466,364 ay.434 225,530 590,071 187.717 119,376 189.619 1 20,438 406,571 L I A B I L I T I E S F.R.notes in actual c i r c u l a t i o n Deposits: Member bank - r e s e r v e account Government d e p o s i t s F o r e i g n "bank Other d e p o s i t s Total deposits Deferred a v a i l a b i l i t y items Capital paid in Surplus A l l other l i a b i l i t i e s RESOURCES M D LIABILITIES OF THE FEDERAL RESERVE BANKS OH JANUARY''28, 1931 ' B—230c ( I n thousands of d o l l a r s ) D a l l a s San Fran. T o t a l B o s t o n New York P h i l a . Cleve. R i c h . A t l a n t a Chicago S t . L o u i s Minn. Kans.Cy. 1,478,302 126,583 288,675 1 3 9 , ^ 1 5 1 7 8 , 8 8 3 8 6 , 3 1 0 1 3 2 , 8 0 5 1 4 3 , 1 2 5 7 9 , 9 9 6 4 8 , 9 9 7 65,556 2 7 , 9 2 3 1 6 0 , 0 3 4 2'% t-m f0 « lU i-n 19 3 i:^ f:S 1:1: 6 1 ill I:$ 1:| *1$ ™ % 100 69,32s 51.134 86,960 % 2,484,475 1 4 5 , 3 9 3 1,078,532 143,078 1 9 8 . 1 9 5 64,162 62,163 3 3 4 , 2 9 4 58,683 179,338 4,183 2,286 388 171 5,521 Li II El 'IIII §1 si I I I I 1 i If 4,855^2 TOTAL LIABILITIES 82.7 Reserve r a t i o (per c e n t ) C o n t i n g e n t l i a b i l i t y on M i l s p u r chased f o r f o r e i g n correspondents 442,435 351,785 1,631,017 81.9 33, 86.6 141,583 363,460 466,364 233,434 84.3 83.0 77.9 225,530 44,388 45,285 1 7 , 9 3 5 l6,l4l SI.2 590.071 127,717 119,376 71.7 81.9 77.1 60,529 15,693 189,619 70.5 189,930 26,036 4,365 11,497 61,256 17,348 8,936 blO 18,475 sqq 120,438 4o6,57l 86.3 64.2 10,312 13,002 13,451 30,489 FEDERAL RESERVE NOTE STATEMENT Federal reserve n o t e s : I s s u e d t o F.R.bank "by F.R.Agent 1 , 9 8 6 , 8 2 9 1 5 7 , 5 1 0 Held by F e d e r a l r e s e r v e "bank 508.527—30.927. In a c t u a l c i r c u l a t i o n 1,478,302 120,583 C o l l a t e r a l h e l d by a g e n t a s s e c u r i t y f o r n o t e s i s s u e d t o bank. Gold and g o l d c e r t i f i c a t e s 640,629 35,300 Gold f u n d - F. R. Board 1,143,380 109,617 p".o6o 17.374 E l i g i b l e paper Total c o l l a t e r a l 2,076,069 162,291 489,159 173,176 218,326 101,962 161,871 1 9 ^ , 3 8 6 90,028 mo. 484 33^7bl 3A.443 15,652 2A.0b6 51,261—10,032 288,675 1 3 9 , 4 1 5 1 7 8 , 8 8 3 86,310 1 3 2 , 8 0 5 1 4 3 , 1 2 5 7 9 , 9 9 6 53,874 4.877 80,057 14.501 34,122 232,358 6-iqq 72.324 48,997 65,556 27,923 65,000 iq.??6 16,390 50,000 10,550 170,763 8.qqq 2 0 . 3 0 1 395,729 38,700 12,550 5,150 7.900 53,000 1 4 , 0 8 5 11,825 65,000 121,300 175,000 80,000 123,150 123,000 62,800 37,200 523,391 181,870 219,720 106,224 162,288 2 1 3 , 6 l 4 90,634 54,808 160,034 84,226 3 5 , 9 3 9 2 4 l , 0 6 4 MATURITY DISTRIBUTION OF BILLS MD SHORT TERM SECURITIES Total B i l l s discounted B i l l s bought i n open market C e r t i f i c a t e s and b i l l s 215,137 120,241 336,762 Within 15 days 131,600 45,372 16 to 30 days 18,931 17,745 25,607 31 t o 60 days 6 l t o 90 days 30,584 a , 021 32,927 23,341 91 days t o 6 months 10,924 856 122,070 Over 6 months 2,077 189,085
@FedFRASER