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STATEMENT FOB THE PHESS Released for publication Friday morning, Jan. 6; not earlier. B-SOl Federal Reserve Board January 5> 1933* CONDITION OF FEDERAL RESERVE B A M S The daily average volume of Federal reserve "bank credit outstanding during the week ending January U, as reported by the Federal reserve "banks, was $2,152,000,00, a decrease of $37> 000*000 compared" With, the preceding week and an increase of $219,000,000 compared with the corresponding week in 1932. On January total reserve bank credit amounted to $2,163,000,000, a decrease of $5>000,000 for the week. This decrease corresponds with an increase of $19,000,000 in monetary gold stock and a decrease cf $18,000,000 in money in circulation, offset in part by an increa.se of $32,000,000 in member bank reserve balances. Holdings of discounted bills increased 000,000 at the Federal Reserve Bank of San Francisco, and declined $9,000,000 at Atlanta, $^,000,000 at Cleveland, $3,000,000 at Philadelphia and $16,000,000 at all Federal reserve banks. The System1s holdings of bills bought in open market and of United States Government securities show little change for the week. Changes in the amount of reserve bank credit outstanding and in related items during the week and the year ending January U, 1933> were as follows: Increase or decrease since Jan. k Dec. 28 Jan. 6 1933 1932 1.932 (in millions of dollars) Bills Bills IJ. S. Other discounted beught Government securities reserve "bank credit 251 33 1,851 29 2,163 -16 — — +12 - 567 - 2U2 +1,085 - 32 TOTAL BES3RVE BANK CREDIT Monetary gold stock Treasury currency adjusted + +19 + 2U2 U.52U 1,S 38 — + 123 Money in circulation Member "bank reserve balances Unexpended capital funds,nonmember deposits,etc. 5.669 2,51^ 402 -IS + + - s 47s 5^ - 5 +32 — 66 Released for publication Friday morning, January 6, 1*333? earlier. B-SOlc RESOURCES AHD LIABILITIES OF THE T V HLVE FEDERAL RESERVE BArXS COMBIHE"D (in thousands of dollars) Jan. 4,1933 Dec. 2b', 1932 2,344,625 40,496 2,335,3^5 40,831 Jan. 6, 1932 R E S O U R C E S Gold with Federal reserve agents . . . . Gold redemption fund with U.S.Treasury Gold held exclusively against F.R.notes Gold settlement fund with F. R. Board . Gold and gold certificates held by banks Total gold reserves . . . Reserves other than gold Total reserves .... }7on-reserve cash Bills discounted: Sec. "by U.S. Government obligations Other bills discounted Total bills discounted Bills bought in open market . ,. . U„ S. Government securities: Bonds Treasury notes Certificates and bills .... Total U.S. Government securities Other securities Total bills and securities 2,385.121 342,098 446,137 346,342 426,013 2,985,552 179,925 3,I4S,531 173,322 3,353,284 3,321,853 3,159,187 82,554 s4,034 71,670 71,219 179,SS3 77,760 189,622 451,987 251,102 32,617 267,322 33,307 817,966 275,306 1+20,901 296, 4i4 1,133,595 420,740 330,199 3,173,355 1,850,910 5,21s 2,139,847 61,12s Gold held abroad Due from foreign banks F. B. notes of other banks Uncollected items Bank premises All other resources 2,376,176 2,074,541 5S,49S 2,133,039 358,436 494,077 296,419 1,133,578 1,850,737 5,649 2,157,075 72,63s 2,977 17,735 2,976 14,775 356,736 53,844 5s,212 173,635 365,979 30,549 405,197 765,945 29,094 1,888,311 36,831 8,662 21,726 475,253 57,770 33,752 6,209,629 6,105,130 5,716,331 F. R. notes in actual circulation . . . Deposits: Member bank - reserve account . . . . Government Foreign bank Other deposits 2,737,656 2,735,45s 2,651,026 2,51M51 23,848 18,853 30,224 2,4si,o74 2,036,072 Total deposits Referred availability items Capital paid in . . . Surplus All other liabilities 2,587,376 438,053 151,332 278,599 16,613 2,563,238 348,639 47,060 24,344 6,209,629 6,105,130 5,716,331 453,654 39,606 TOTAL RESOURCES L I A B I L I T I E S . . . ., , TOTAL LIABILITIES 42,172 19,053 20,339 151,314 259,421 29,893 64,645 38,809 2,169,419 451,516 160,605 259,421 Ratio of total reserves to deposit and F. R. note liabilities combined . . . 63.0/0 62.7$ 65.5 i Contingent liability on bills purchased for foreign correspondents . . . . . 40,157 36,338 269,544 R E S O U R C E S Total RESOURCES AFD LIABILITIES OF THE FEDERAL RESERVE BAFTIS ON JAFUARY 1933 (In thousands of dollars) B-801b Boston Few York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. 2,344,625 196,027 Gold with Federal reserve agents 40,496 2,123 Gold redemption fund with U.S.Treasui y Gold held exclusively against 2,325,121 198,150 F. R. notes 342,098 19,796 Geld settlement fund with F.R. Board Gold and gold certif. held "by banks 446,137 14,454 Total gold reserves 3,173,356 232,400 179,928 16,797 Reserves other than gold Total reserves Fon-reserve cash Bills discounted: Secured by U.S.Govt. obligations Other bills discounted Total bills discounted Bills bought in open market U. S. Government securities: Bonds Treasury notes Certificates and bills Total U.S.Govt, securities Other securities Total bills and securities Gold held abroad Due from foreign banks F. R. notes of other banks Uncollected items Bank: premises All other resources TOTAL RESOURCES 588,080 152,500 192,970 72,950 6,155 5,>+97 5,23>+ 1,257 60,000 704,870 2,878 3,392 73,805 44,o4o 1,513 2,214 594,235 157,997 192,804 74,807 62,872 708,262 75,312 64,770 21,105 32,230 11,269 8,263 106,770 17,222 320,514 7,616 18,814 3,227 9,060 28,009 2,685 979,519 186,718 249,84s 29,363 80,201 843,o4l 95,225 53,314 19,624 11,341 8,840 5,110 26,795 9,636 3,353>224 249,197 1,032,833 206,342 261,189 92,203 25,311 869,836 104,861 82,554 5,090 4,262 21,230 4,828 18,165 6,012 3,654 3,239 3,208 8,788 29,563 29,111 11,996 2,2% 52,674 9,720 420,901 20,334 296,4l4 16,527 1,133,595 59,207 1,250,910 96,668 5,212 187,267 118,674 427,413 71,219 179,223 251,102 32,617 — 2,139,247 110,913 61,128 2,977 237 372 17,735 458,654 52,400 53,244 3,280 39,606 930 11,777 35,603 47,320 3,054 8,105 13,936 22,041 2,979 2,248 13,287 16,135 1,259 3,848 1,739 14,542 12,167 16,281 16,015 3,300 3,964 9,648 9,686 8,116 8,017 29,368 29,012 733,35^ 139,269 172,282 47,132 46,715 1,000 — 3,207 805,615 190,703 203,302 65,126 66,296 61,128 110 1,066 322 301 119 804 1,452 6,944 362 1,226 140,075 39,512 >+1,576 35,241 13,631 2,422 12,818 6,929 3,237 2,929 1,881 20,506 1,107 3,035 M 3 3 31,171 36,492 23,4O4 30,700 84,694 111,090 — — — — — >+0,775 34,301 187,134 262,210 — 282,189 2,874 7,648 973 13,9^ 11,306 40,910 66,156 — 777 - - 61,480 2,101 21,640 176,263 1,356 5,576 52,753 4,547 63,521 12,693 9,562 25,236 6,613 22,996 7,992 4,236 35,224 8,167 63,300 92,449 >+3,391 246,372 6,940 3,^21 46,254 10,139 2,360 2,011 443 482 4,682 350 24,684 9,190 10,752 4,349 4,831 29,366 9,5>+o 11,195 612 855 826 2,166 17,230 8,ll6 29,361 54,707 4ll ll,77 l + 9,846 35,632 57,252 65,270 69,302 — 419 17 2,393 i»4oi 50,925 12,655 3,285 7,595 1,454 1,077 3,042 181,839 29,849 25,5^0 237,228 9,144 — 17,31>+ 6,150 22,257 45,721 — 25,270 21,257 76,917 123,444 — 51,372 i5>+,976 „ — 86 11 206 23 851 300 627 997 9,128 22,320 16,032 12,553 4,244 1,7^5 3,559 1,7>+1 1,613 870 1,215 1,725 6,209,629 422,425 2,102,215 445,605 522,416 210,852 177,5354232,976 207,727 143,877 192,479 117,621 433,901 L I A B I L I T I E S RESOURCES AID LIABILITIES OF THE FEDERAL RESERVE BANKS ON JAFJARY 4, 1933 B-801c (in thousands of dollars) T Cy. Dallas San Fran. Total Boston ? ew York phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans. 2,737,65b 19^,032 584,006 23U,785 285,170 101,092 97,800 693,853 104,397 81,921 91, 0H6 38,894 228,610 F.R. nctes in actual circulation Deposits: 2,514,451 139,036 l,227,4l4 124,231 142,564 52,525 45,730 421,734 64,553 40,061 65,239 ^6,576 144,788 Member "bank - reserve account 2,598 1,562 1,186 4,939 1,617 1,298 850 710 23,848 2,094 2,730 1,053 3,211 Government 1,311 551 532 1,444 6,046 760 703 2,547 665 418 Foreign bank 18,853 1,957 1.919 162 655 5,878 12,830 2,394 1,478 2,150 1,128 402 142 31 30,224 Other deposits 2,97^ Total deposits 2,587»376 142,605 1,249,020 127,383 150,668 57,241 49,097 431,370 67,963 42,179 66,802 48,473 154,575 Deferred availability items 438,053 51,960 122,913 32,007 42,487 3M96 12,609 49,444 19,904 8,928 21,519 16,577 19.509 3,924 10,452 Capital paid in 151,332 10,856 58,619 16,045 14,100 5,150 4,732 16,157 4,360 2,885 M 5 2 Surplus 278,599 20,460 85,058 29,242 28,294 11,616 10,544 39,497 10,186 8.719 19,701 7,019 8,263 16,613 ^62 2,599 143 1,697 1,557 All other liabilities 2,753 2,655 917 945 797 _1,03'^. 1.054 6,209,629 422,425 2,102,215 445,605 522,416 210,852 177,5351232,976 207,727 143,877 192, 479 117,621 433,901 TOTAL LIABILITIES 49.7 51.0 Reserve ratio (per cent) 64.3 58.6< 63.0 62.0 58.1 73.6 57.0 59.9 56.3 57.0 59.9 77.3 60.8 Contingent liability on bills pur883 i,i64 1,124 2,769 1,605 1,485 5,378 1,405 4,134 40,157 3,050 4,053 chased for foreign correspondents 13.107 FEDERAL RESERVE Federal reserve notes: Issued to F.R.Bank by F.R. Agent Held by Federal reserve bank 2,980,366 214,149 242,710 18,067 In actual circulation 2,737,656 196,082 Collateral held by agent as security for notes issued to banks 1,089,365 47,010 Gold and gold certificates 1,255,260 149,01/ Gold fund - F, R. Board 235,401 11,974Eligible paper 426,100 6,900 U. S. Gov't, securities Total collateral 3,006,126 214,901 Total Bills discounted Bills bought in open market Certificates and bills Municipal warrants 251,102 32,617 1,133,595 5,218 0TE STATEMENT 669,538 249,454 295,216 107,246 115,903 730,890 111,643 84,063 98,686 42,751 260,827 -7 640 2,142 _Lt 3,857 32,217 85,532 14,669 10,046 6,154 18,103 37,037 7,246 584,006 234,785 285,170 101,092 97.800 693,853 104,397 81,921 91,046 38,894 228,610 454,080 78,290 71,470 18,380 14,000 262,870 134,000 74,210 121,500 54,570 46,000 442,000 55,883 47,196 21,995 16,725 16,986 15,773 27,000 50,000 85,000 18,000 41,000 22,000 670,963 249,696 299,965 107,735 117,986 742,643 Within 15 days 175,810 5,111 108,583 4,818 7T 13,540 30,500 50,000 7,692 7,396 30,500 32,700 111,701 84,432 23,805 9,680 51,800 10,352 291000 100,832 MATURITY DISTRIBUTION OF BILLS A2JD SHORT TERM SECURITIES 91 days to 6l to 90 days l6 to 30 days 31 to 60 days 6 months 28,164 18,722 17,79^ 9,13^ 10,242 5,857 11,407 192,750 83,325 213,031 252,763 13 387 12,240 84,000 9,4OO 92,263 4,349 19,020 17,000 67,000 42,989 262,283 Over 6 months 1,^78 283,143
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