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Form F. R. 233
STATEMENT FOR THE PRESS .
Released fo r p u b lica tio n
F riday morning, Feb. 1;
not e a r lie r .

Board o f Governors
o f the Federal Reserve System
January 31» 1946

aONDITION OF THE FEDERAL RESERVE BANKS
.»

«

v

V * * *

’

D uring the* week ended January 30 member bank r e s e r v e b a la n c e s d e c re a s e d
$ 1 7 8 ,0 0 0 ,0 0 0 ,
R ed u c tio n s in member’ bank r e s e r v e s r e s u lt e d fro m in c r e a s e s o f
$181].,000,000 in T re a s u ry d e p o s it s w it h F e d e r a l R e s e rv e Banks, $ 60 ,0 0 0,00 0 in non­
member 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 accou n ts and $ 1 3 ,0 0 0 ,0 0 0 in T re a s u ry
cash and a decr@ ase*<of $2lj.,000,0p0 -iii 'R e se rv e Bank c r e d i t , o f f s e t in p a r t b y a
d e c re a s e o f $6 3 , 0 0 0,00 0 in money in c i r c u l a t i o n and in c r e a s e s o f $2 2 , 000,00 0 in
g o ld s to c k and $ 19 ,0 0 0,00 0 in ‘T r e a s u r y c u rre n c y .
E xcess r e s e r v e s o f member banks
on January 30 w ere e s tim a te d t o ‘£ e a p p r o x im a te ly $1,220,*000,000*
H o ld in g s o f lo a n s , ^ d isc o u n ts find ad van ces in c r e a s e d $10 3,0 00 ,0 0 0 w h ile
h o ld in g s o f U n ite d S ta te s Government s e c u r i t i e s d e c re a s e d $ 1 ^ ,0 0 0 ,0 0 0 * The decrease
in h o ld in g s o f U n ite d S ta te s Government s e c u r i t i e s r e f l e c t s d e c re a s e s o f
$ 13 0 , 0 0 0,00 0 in c e r t i f i c a t e s and $2 2 , 000,000 in n o te s and an in c r e a s e o f
$ 1 0 6 , 00 0,00 0 in b i l l 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 item s d u rin g th e week
and th e y e a r ended Jan u ary 30, 19146, w ere as f o l l o w s :

In c r e a s e o t d e c re a s e
s in c e
Jan . 23,

( In m i l l i o n
U. S, Government s e c u r i t i e s
L oan s, d is c o u n ts and advances
O th er R e s e rv e Bank c r e d i t

23,297
312
289

T o t a l R e s e rv e Bank c r e d i t
Gold s to c k
T rea su ry cu rren cy

23,898
20,157

Member bank r e s e r v e b a la n c e s
Money in c i r c u l a t i o n
T r e a s u r y . cash
T re a s u ry d e p o s it s w it h - F , R, Banks
Fonmember d e p o s it s and o th e r F .R .a c c o u n ts

15,681
27,914
2,295
7o2
1,805




Jan. 31,

19k 6

I 9U6.

+
—

+

It, it Oi;

CO
0

Jan, 30»

d o lla r s )

■ 44
103
82

+ 4,291
+
132

2k
22

+ 4,346

19

+

■178
63
13
184

+

60

-

1945

77

+

393
277

+ 1,797
+ 2,624
76
+
114
231

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS OH JANUARY
(i n thousands o f d o lla r s )

Form F . R. 285c

L I A B I L I T I E S

T o ta l

New Y ork

B oston

F e - e r a l R es erve n o te s
24,147,899 1445 »392
D e p o s it s ;
Member b a n k - r e s e r v e a c c t . 1 5 ,6 8 1 ,1 8 ?
686,531+ 4 , 869,699
U .S • T r e a s u r e r - g e n e r a l a c c t i
7 6 2 ,397
118 ,8 0 6
57,251+
F o r e ig n
5 7 2 ,2 6 5
53 » 6 2 2 . 1 /318,360
O th er
1+25,1+07
“ 328,150
3 ,6 7 5
T o t a l d e p o s it s

17,741,256

D e fe r r e d a v a i l a b i l i t y i t
ì 1,727,921
O th e r l i a b i l i t i e s in c lu d in g
a c c ru e d d iv id e n d s
9,953
TOTAL L IA B IL IT IE S
C a p it a l p a id i n
S u rp lu s ( S e c t i o n 7 )
S u rp lu s ( S e c t i o n 13b)
O th e r c a p i t a l accou n ts
TOTAL L IA B IL IT IE S AND
CAPITAL ACCOUNTS
Commitments t o make
indies t r i a l lo a n s
F . R. n o te s o u t s t a n d in g
C o l l a t e r a l f o r F . R. n o te s
h e la by F . R. A g e n t s :
G o ld c e r t i f i c a t e s
E l i g i b l e p a p er
U. S . G o v t, s e c u r i t i e s

801,085
137,257

5 , 635,0 15
530,546

448

.2 ,4 7 9

P h ila *

C la v e *

R ic h .

A t la n t a

7 9 3 ,6 0 9

1 1 5 0 ,0 1 0

1j4,844
6 8 ,8 6 0
l+ ,56 3

6 8 ,5 6 3
7 7 ,1 5 6
8 ,6 8 8

690, 17!+
53 , 330
38,955
3 ,1+12

729,853 2281+J+30 5 8 9 ,110
38,1+31 131,951
1+1,661+
3 1,5 2 6
1 1 1 ,1 7 1
28,208
5 , 71+2
6,555
11,125

9 1 1 ,8 7 6 1304,417
10 2,685 160,479

785 *909
1314,942

803,552 2536,107
151,557 241,091

954

468

47O

2,174

SanF ran*

51+5,091

90 1,10 9

604,7144 5 12 7,2 9 5

386,289
1+5 ,1+61
20,71+1
3,455

771,845
50,540
27,378
1,594

7 5 0 ,7 6 1 1998,875
54,005
57,748
69,702
26,548
47,642
1,0 28

455,924
1+0,147

850,957
97,962

816,085 2 170 ,2 22
75,494 197,231
1,031

43,627,009 2382,182 11 ,249*704 2623,902 3520.320 2 6 1 8 ,1 2 7 2538,793 7163,305 1798,239 1041,498 185.0,591 1494,7a

5495,827

179.508
358,355
2 7 ,428
3 1 ,8 2 6

10 ¿701
22,439
3,012
2,590

63,935
116,860
••,7*205
4,351

13,350
23 ,946
4,501
2,590

18,0 23
55,745
1,0 0 7
2,737

6,60 5
14,450
762
2,374

7,350
15,593
3,326
2 ,56 2

21,396
'55,029
1,429
5,602

517 ..... _

5,712
12,959
527
2,035

336

5,920
8,869
1,075
1,8 6 5

6 ,13 0
10,670
1,507
2,067

.5,900
11,891
1,157
2,102

16,486
28,924
2 ,142
2,925

44,224,126 2420,924 ll^ ii+ 2 ,0 3 5 2673,239 3575,652 2646,958 2412,984 7242,761 1819,502 1057,225 1871,421 1514,895 5546,502
1,6 0 5

164

2 5 , 2 8 1,3 2 6 1520 ,565

673

500

200

---------

15 days

16 to
50 dey s

51 t o
60 days

6l to
90 days

238,135

24,,590

1,455

45,370

1,639

5

i+,262,535

2,917,921

1+5
. i+,2 0 7 ,U t0

W it h in

310,030
1,785
2 5 ,2 96,557

—

5 ,510 ,0 0 7 1682 ¿ 2 0 2144,267 1779,331+ 15 3 8 ,944 4523,675 110 6,30 5

10,618,000 460, 000. • v , 520,000 500,000 635,000 600,000
—
209,665
10,500
120,630
4,220
2,500
2
,000,000
1200,000
1550,000
1100,000
1225,000
15,325,031

T o ta l .




670,10 7
80,702

D a lla s

K in n . K an s.C y.

565 ____ 398

495

630,000 1660,000
---------

---------

900,000 2900,000

J£rt:TU5LIT Y DISTRIBUTION OF LO.JiS

Discounts and advances
In d u s tria l loans
U« S. Govt, s e c u r it ie s

Chicago S t .L o u is

30,

5
5 ,552,6 1 1 .

300,000
15,290
950,031

178

---------

5 6 2 , 15-2

955,655

648,1]3 5329,834

165,000
20 ,100

280,000
56,425
700,000

169,000 1649,000

4 0 0 ,0 0 0

—

—

500,000 1900,000

iJD SECÜR2:TI£3

91 days t o
6 months

6 months
1 year

to

8
1 ,1 0 2 ,5 0 0

1 to 2

2 to 5

y o a rs

y ja r■s

---------

______

12

5,945,51+0

90

15

ovrer
5 y -a r 3

- - —

12
507,652

l / A ft e r deducting $555,365,000 p a r tic ip a tio n s o f othor .Fpdorul Rui'-i’vc Banks.

690,690

Forra F. K. 2ò ja
Released fo r p u b lica tio n Friday morning, February I,; 191*6; not e a r lie r .
•STa TEuENT OF. CONDITION
OF THjj TWELVE FEDERAL RESERVE BANKS' COMBINED
(I n thousands o f d o lla r s )
Increase or decrease
since

•

Jap. 30,
, 1946

Jan. 23,
1946

Jan# 31,
1945

A S S E T S
Gold c e r t if ic a t e s
Redemption fund - P. R. notes

17,188,565
794,424

+ 25,000
__

+

580,300
190,036

17,982,989

+•25,000

-

390,264

Other cash

3 5 6 ,110

+ 16 ,8 9 1

+

63 ,56 6

Discounts and advances
In d u s tria l loans
U.S. Govt, s e c u r itie s :
B ills
C e r t ific a t e s
Note's
Bonds

310,030
1,783

+102,885
60

+
-

13 4 ,18 0
2 ,1 4 1

12,888,234
8,056,711
1,404,700
9I46 ,892

+1,512,429
+3,160,071
- 163,521
- 218,780

Trbal U, 3. Government
s e c u r itie s

+10 6,201
- 129,500
- 2 1,50 0
-•

23,296,537

- 44,799

+4 , 290 ,199

T o ta l loans and s e c u r itie s

'23,608,350

+ 58,026

+4,422,238

Due from fo re ig n banks
F. R. notes o f 6th er banks
U ncollected items
Bank premises
Other assets

110
15 9 ,72 9
2 , 0 16 ,9 7 1
33,329
66,530

- 12 ,5 9 6
- 19 1,3 5 2
31
+ 1 ,5 1 5

+
+

44,224,126

- 10 2 ,5 4 7

+4 , 294,722

Federal .Reserve notes
Deposits :
Member bank - reserve account
U. S. Treasurer
general account
Foreign
Other
T o ta l deposits

2 k, lit?, 899

- 6 1,0 13

+2,399,853

15,681,187
762,397
072,265
425,407
1 7 , 7 4 1,2 5 6

- 178 ,22 5
+184,691
+ 34,992
+ 23,454
+ 64,912

+1,797,469
+ 114,816
- 374,489
+
38,375
+1,576,171

Deferred a v a i l a b i l i t y items ^
Other l i a b i l i t i e s in clu ding accrued
dividends

1,727,921

- 109,069

+

2 15 ,0 2 7

92

+

2,418

T o ta l gold c e rtific a te *-re s e rv e s '

total assets

6
62,330
138,086
1,153
75

L I A B I L I T I E S

TOTAL .LIABILITIES

9,933
43, 627,009 .

+

- 105,078

+4 , 193,469

+

362

+

2 ,1 6 9

+
13,964
+ 130,202
+
263
43,*76
+4 , 294,722

C A P I T A’ L ’ A C. C O U H I S
C a p ita l paid in
Surplus (S e c tio n 7)
Surplus (S e c tio n 13b)
Other c a p ita l accounts.
TOTAL LIABILITIES AND .CAPITAL ACCOUNTS
R atio o f gold c e r t i f i c a t e reserves
to d ep osit and F.R.note
l i a b i l i t i e s combined
Commitments to make in d u s tria l loans




179,508
359,355
■27,428
.. . '31,326
44,224,126

4 2 . 9fo
1,6 0 5 -

- 10 2,547

—

+

18

5* 6%
1,856

Form F. , h. 284b
STATEMENT OF CONDITION OF THE FEDERAL RESEkVE Ba NKS ON JANUARY 30, 1946
(I n thousands o f d o lla r s )
ü S b E T S

Gold c e r t if ic a t e s
Redemption fund fo r
F. R. notes
T o ta l gold c e r t i f i c a t e
reserves
Other cash
Discounts and. advances
In d u s tria l' loans
OvS.Govt* s e c u r it ie s :
B i lls
C e r t ific a t e s
Notes
Bonds

T o ta l

Boston

New Y ork

1 7 ,1 8 8 ,5 6 5

735.795

5 ,3 8 5 ,7 0 7

794,424

58 ,979

108,129

17 ,9 3 2 ,9 8 9

79 4,774

5 ,4 9 3 ,8 3 6

356,110
310,030

29,504
13,380
106

1,7 8 3
12 ,8 8 8 ,2 3 4
8 ,0 5 6 ,7 1 1
1,4 0 4 ,7 0 0
946,892

72 2 ,14 9
5 5 1.9 3 5

96,230
64,868

P h i la .

C le v e .

839,283 10 75,29 9

60,826

77,76 8

900,109 115 3 ,0 6 7

6 2 ,5 7 0

24,80 7

2 7,8 4 7

1 3 5 ,6 1 5

7 ,9 5 5

27,720

—

2 ,6 7 8 ,5 9 5

2, 025,462
3 5 3 ,14 2
238,049

1,638

—

8 1 7 ,9 1 7 115 8 ,7 7 4
509 ,081 766,959
133 ,72 0
10 6 ,19 4
7 1,5 8 4
9 0 ,13 9

R ic h .

A tla n ta

Chicago S t .L o u is

iiin n .

K an s.C y.

955,293 2839,347

553,642

3 2 1,8 14

145,042

42,921

20, I I 9

3 5 ,1 7 6

973,8 72 1000,422 2984,389

596,563

34 1,9 3 3

603,337

46,715
23,080

19,389
16,820

7 ,2 7 0

1 7 ,4 1 5

21,225

—

—

—

3 7 ,9 10
—

6 6 1,5 2 4 2513,042
4 17 ,2 8 5 1034,688
7 2 ,7 5 5 180,400
49,043 121,606

570,765
3 9 6 ,IO 5
69, 062
46,554
*

3 4 1 ,7 2 6
2 1 9 ,1 6 5

9 1 1 ,2 0 7

62,665

2 6 ,4 1 7
4 ,6 1 5
39
790,424
504,6^2
8 7,9 8 5

59,309

4 5 ,1 2 9

3 7 ,0 3 7
13,490
—

-

38,212

2 5 ,7 5 8

D allas San F ra n .

5 6 8 ,15 9 •465,690 2537,329

5 9 1,8 2 5
3 9 2 ,1 7 7
6 8 ,3 7 7

40,092
1.

•f ■
1"

26,086

111,582

4 9 1 ,7 7 6 2 6 4 8 ,9 11
1 3 ,7 1 7
4,440
—

43,422
3,78 0
—

456,392 15 8 5 ,10 1
352,758 786,454
61,503 1 3 7 ,1 2 0
4 1 ,4 5 9
9 2 ,4 3 1

T o ta l U# S .Government
s e c u r itie s

25, 296,537 14 3 5 .18 2

5 ,2 9 5 ,2 4 8 16 0 4 ,77 6 2 14 9 ,59 2 1442,360 1200, $07 3849,736 1082,486

624,861 1098,471

912,112 2 , 601,106

T o ta l loans and
s e c u r itie s

2 3,6 0 8 ,350 1448,668

5, 430,863 16 14 ,3 6 9 2177,312 14 4 7,0 14 1214,097 3872,816 1099,306
10'
10
4
3
15
1/ 37
5
42 ,462
4,096
7 ,3 8 7
13,923
14 ,9 9 7
13 ,4 5 5
1 3 ,7 7 9
90,966
12 1,9 8 4 193,438 150,230 142,408 3 13 ,0 19
4 15 ,3 9 4
2,762
•2,056
3
,3
0
1
3
,1
0
7
1
,5
6
5
8 ,6 74
3 ,9 7 9

646,086 1136,381

916,552 2604,886

Due from fo r e ig n banks

110

F*R. notes o f oth er banks
159,72q
U n collected items
2 , 016,971
Bank premises
33 ,3 2 9
Other assets
66,538
TOTxiL

assets




7
5,882
136, 64o
1,3 4 8

4.101

15 ,6 6 4

4 ,6 1 3

6,724

4 ,1 9 6

3,6 7 2

8 ,7 7 7

3,832

. 4

3
7 ,18 0
5 1,7 0 2

7,230
101,262

1,261
1,788

.2 ,5 9 1

3,201

3
4,4 6 3
84,407

9
2 4 ,8 7 5
2 1 5 ,5 2 1

829

1,856

3 ,14 8

6,822

44,224r i26 2420,924 1 1 , 44 2 ,0 3 5 2673,289.3575,832 2646,958 2412,984 7242,.761 1319,50 2 10 57, 223. 1 8 7 1 ,4 2 1 15 1 4 /89.5 5546,302
l/

A ft e r deducting $73,000 p a r tic ip a tio n s o f other Federal Reserve Banks.