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Form F. R. 283
STATEMENT FOR THE PRESS
Released fo r p u b lica tio n
Friday morning, July 2 ;
not e a r lie r .

Board o f Governors
o f the Federal Reserve System
July 1, 1914-3

CONDITION OF THE FEDERAL RESERVE BANKS
During the week ended June 30 member bank reserve balances decreased
$138,000,000»^Reductions in member bank reserves arose from increases of
$266,000,000/money in circulation, $161,000,000 in Treasury deposits with
Federal Reserve Banks, $90,000,000 in .nonmember deposits and other Federal
Reserve accounts and $7,000,000 in Treasury cash, offset in part by increases
of $382,000,000 in Reserve Bank credit and $3,000,000 in Treasury currency.
Exoess reserves of member banks on June 30 were estimated to be approximately
$1,210,000,000, a decrease of $90 , 000,000 for the week.
There was an increase of $li5l*.000,000 in holdings of United States
Government securities. B ills increased $520,000,000, while bonds decreased
$26,000,000, notes $3U,000,000 and certificates $6,000,000.
Changes in member bank reserve balances and related items during the
week and the year ended June 30, 191*3» were as follows*

Increase or decrease
since
June; 30 ,
19U3

June 23,
191*3

JUly 1 ;
191*2

(In millions o f dollars)
B ills discounted
U. S. Government d irect obligations
U. S# Government guaranteed obligations
Industrial advances (not including 12 million
commitments - June 30 )
Other Reserve Bank credit

5
7.Hi8

5k

- Ill
+1*51*

+
2
+14., 1^25
+ 1*9
+
2

13

—

356

- 58

*

Total Reserve Bank credit
Gold stock
Treasury currency

7.576
22,387
it, 082

+382
-+ 3

+1*,703
- 352
+ 768

Member bank reserve balances
i.'Icney in circulation
Treasury cash
Treasury deposits with F. R. Banks
-lonmember deposits and other F.R.accounts

12,085
17., 1+20
2,275
1*55
1,811

-138
+266
+ 7
+161
+ 90

- 107
+5. 00I4.
+
80
30
+ 173




225

¿■'orni F. kv 233e
y

L I A B I L I T I E S
F.Ri notes in actual c i r ­
cuì ati cn
Deposits s

Total

0rn MBlfT OF 1SONblTIOK! OF THfc k ;DEIaiL h:i;S3KVE BANKS ON JUNE 30, 1943
Olii.TE
( In thouslands o f d0lia r s )
Phila.
Cleve*
Rich. Atlanta Chicago St.Louis t\£inn. Kans.Cy. Da.lias San Fran.
Boston, New York

13,372,422

988,605 3,070,948

972,165 1,252,992

895,642

722,247 2,696,235

584,340 339,560

495,559 523,530 1,550,799

12,054,540
•• 455,178
1,114,099
368,480

638,057 4,067,972
16,815
146,737
Ì
/
531/289
29,2.4.5
6,882
263,638

632,351
27,327
91,732
4,544

999,696
45,022
88,835
16,204

500,749
20,097
41,520
8,578

Total deposits
14, 022,297
; 1 , 275,232
referred a v a ila b ility H
Other l i a b i l i t i e s including
4,672
accrued dividends

690,.999 5, 009,636
110,220
253,723

755,954 1,149,757
76,004
146,645

570,944
103.712

480,127 1,806,219
89,229
8,326
117,803
33,796
2,476
2,939
525,225 2, 016, I90
181,431
79,299

4oo,466 250,605
27,932 18,765
28,968 21,243
12,400
9,331
469’. 766 300,444
54.968 24,355

536,508 459,150 1, 512,860
50.633
9,741
14,049
28,968
75,663
27,037
36,602
2
;
527
2,059
579,453 500,166 1 ,453,763
63,430 40,518
135,877

Other

596

i,o 4 o

734

243

337

138

24e

452

529

103

75

177

TOT^L LIABILITIES
29, 174,623 1790,420 8,340,347 1804,857 2,549,637 1570,635 1320,909 4,894,308 1109,322 664,462 1139,021 864,089 3 , 120,616
Capital paid in
4,625
148,636
4,810
55.006
11,661
9,530
3,181
12,165
5,290
4,515
15,401
16,484
5.970
Surplus (S ection 7}
22,925
3,221
11,160.
58,001
4,966
15,670
160,411
14,767
4,083
11,044
3,615
5.236
5,725
Surplus (S ection 13^)
2 ,12 1
26,829
7,070
530
1.000
2,874
1,007
1.307
3,244
1,429
1,157
4,393
717
Other cap ita l accounts
88,622
6,388
6,388
25.076
8.386
3,928
4,030
■5,5473r654
4 ,o 4 i
5,547
4.392
13,445
TOTAL LIABILITIES AND
CAPITAL ACCOUNTS
29. 599.-l21 1819,531'8.U85.500 1842,969 2 , 589,198 1589.477 1542,569 li,948,591 1125,475 675.518 1152.622'877;339'3.152,334
Oo.Tunitinents to make in du strial
12,132
717
9
1,940
371
l , 05o
61
—
1.619
3,000
—
3,359
advances
F.K, notes outstanding
C olla teral for F*R.notes
held by F.R.Agents*
Gold c e r t ific a t e s
E lig ib le paper
br. S. Gov1t
s e cu ritie s

lii.liOli.173 1025,320 3 ,171*.511 1004,455 1 , 295,062
13. 802,000
li.835
745,855

Total
B ills discounted
4,990
Indu s t r i u1 advenee s
12,676
U. S. Government s e c u r itie s ,
d ire ct and guaranteed
7,202,183



921,877

765, 9 1 3 2 , 775,730

612,530 345,191

513,831; 350,294 1,619,450

925,000 1 , 300,000 807,000 695,000 2, 791,000 350,000 350,000 510,000 358,000 1 , 649,000
200
50
—
—
—
—
—
100
5,000
100,000
-125,000
75.000
. —
338,833
MATURITY DISTRIBUTION OF BILLS ;iND SECURITIES
2 to 5
Over
■’ l .to 2
lo to
31
6l to
91 days to
6- months
5
years
years
years
30 days
00 days
90 days ■
6 months .
to 1 yaar

937,000 3, 190,000
3 .13 5
1.350
100,000
Within
15 days
- 4,290
. 10,339
769,884

I 50
34
422,260

350
575
1,479,521

200
420
1,309,440

-2lili
920,730

574

359

426,600

239,600

l / A fte r deducting $579,244.000 p a r tic ip a tio n s o f other Federal Reserve Banks.

;

131

751,671

882,477

Form F. k. 283a
Released for publication Friday morning, July 2, 19^3 5 riot earlier.
STaTELJBNT OF CONDITION
OF TH3 TVilELVB FEDERAL RiSEhVE BANKS COMBINED
(In thousands of dollars)
Increase or decrease
since
June 23,
1945

June 30,
1943

July 1,
191+2

A Sf S E T 8
Gold c e r t ific a te s .on' hand and due*
frorn IT. S# Treafcuiy*
Redemption fund - F . ’ R.- notesOther cash
‘Total reserves
<
*

V

*

*'

20, 170,716
53,673
357,587;
. 20.581^976’

%

B ills discounted*.,.
Secured by U. S. Gov*t obligations,
direct and guaranteed
Other b i l l s discounted
’^ otal b i l l s discounted
*>

¡4,990;

*14,990

Industrial advances
U. S. Government secu rities,
direct and guaranteed:
Bonds
Imot e s
C ertificates
B ills
Total U. S. Government secu rities,
airect and guarantebcT’

TOTAL ASSETS
LI A B I L I T

.■ .

t
*

-28,273

:-2i*2,9l£>

+■ 3,210
-13,9148
—
■ - 1,563
-13,9148 V 1,61+7
ll4

+

2,126

1,1+9" >3lj6 ‘
796,900
1 , 091,700
3,815,255 •

- 25, 1+00 '-121,335
- 31+, 500
+ 79,625
- 6,500 +1 *018,948
♦520,1+56 +3,1+96,505

7,2(52/185 ‘

+Il5l4,056 +1+,i+75,71+5

13.7
6^,51+S
1,631,018
58,961
61,652

+lii[o,d9l+ +1+*1+77,515
+
90
+ .39,716
- 2,8l+7
+1+85,770
-66,679
- 1,1+61+
38
+ 3,1+56 •+ 18,991}-

29,599,121

+51+5,715 +¿,777,681+-

13,872,42?

+237,628 +hi 1+63,280

I ES

F. k. notes in actual circulation.
Deposits:
Member bank-reserve, account
U. S. Treasurer-general account
Foreign
Other
v . , ; *
Total deposits

' 12,081+, 540
1+55,178
, i,llJ+,099
368,1+80'
11+, 022,297

Deferred a v a ila b ilit y items
Other l i a b i l i t i e s including
accrued dividends
TOTAL LIABILITIES
C A P I T A L >1 C;g 0;*U N T S ,
Capital paid in
v;
Surplus (oectijon 7) • '**
Surplus (se ction 13 b)
other capital accounts
T0T.iL LIABILITIES M p CaPITaL ACCOUNTS
katio of total- reserves to deposit
and F. k. note l i a b i l i t i e s combined
, %

1

Commitments to make, industrial advances



-379,911
+ 38,631
+ 98,31+0

12,676

Total b i l l s and securities
Due from foreign banks
F. R. notes of other banfts
Uncollected items
Bank premises
uther assess

999
:- 1,087
-26,187

1,275,252-.
It, 672
W ,lW ,b W

114.8 ,636
160,411
26,829
88,622
29,599,121
73 M
12;152'

- 138,702 '
+16 1, 1+52
+ 32,5152
+ 63,890
*119,172

-107,013
- 30, 186:
+226, 070,
- 86,921
+ ’ J,V5 0

-

+260,881

8,651

+ 2,796
- 3,779
7 3 J O T J +l+,7307907.
+ .
:

Ill
- -

+

1,232

+ 3,752
+ 2,909
+
48
+ 140,068

+31+5,715 +l+,777,68l+'
- l.Ofo
553

-•15.1$ .
1+,96S

Form F , .R. 233b
STATEMENT OF CONDITI® OF THE FîffiERAL RESERVE BANKS ON JUNE 30, 191+3
(In thousands o f d o lla r s )

ASSETS
Total

Boston

Nüw York

Phila.

Cleve.

Rich.

Gold c e r t ific a t e s on hand and
due from U.S. Treasury
20, 170 , 716 12 6 5 ^+11+ 5 4 7 8 , 753121 +9,205 1 , 895,695 1100,965
Redemption fund - -f.K.notes
53*673
7,202
5*605
5*657
1,215
55k
Other cash
25,522
86,769
29.751
27,157
31,71+9
357,587
Total reserves
20,581,976 1300,770 5,266,737 1278,361+ 1,921,201+ 1139,916
B ills discounted:
Secured by U. S# Gov1t ob liga tion s,
d ir e c t and guaranteed
i+,990
m
m
m
m
Other b i l l s discounted

5 4 55
—

1,550
—

Total b i l l s discounted

i+,990

3,135

1,550

Industrial advances
12,676
U. S. Government s e c u r itie s ,
d ir e c t and guaranteed:
Bonds
1,498.348
Notes
796,900
C e rtifica te s
1 , 091,700
B ills
3 , 815,235
Total U. S, Gov11 s e c u r itie s ,
d ir e c t and guaranteed
7 ,202 ,183

1.695

Total b i l l s and
s e cu rities




982,190 5732,266

55

—
—

—
--

■—
. —-

75

55

--

—

—

588

i+,688

889

109*186
366,569
194,961
58,071
267,085
79.555
120 ,863 1,990.1+80

112,509
59,751
81,829
199,951

567,675 2,819,095

1+55,820

—

75
—

1+18

237

“ 11+5 , 516 '' 94,951
77,039
76,225
50^+89. .41,599
69468
104,418
56,714
122,852 105,257
76,756

598,602 496141
100
—
100

65

—

198,599- ‘71,510
105,625
38,055
1144,698
52,105
518,510 286,822

200
—

814,785 622022 2 , 428,979
50
—

25

—

—

200

50

25

48

50

18

4,000

1+4676*
23761
32552
43706

71,595 59905
58,077 51861
52,162 45647
85,409 65656

147,915
78,669
107,769
205,055

519,825

252,688

967,452

1448,468 1I44695

245,241199049

557,406

I+58*,585* - 141+7,735'• 520-,21+5

252,925

967,497 * 41+8,568 11+4943

245,521 199092

54i ,4 o6

1+1+6,789

*
7 ,219,81+9

572,505 2,821,033

Due from foreigi banks
137
3
F. k. notes o f other banks
65 »5U& : 1,311+
Uncollected items
1 , 651,018 *38,305
Bank premises
38,961 \ 2,691+
Other, assets
61,652
-3,91+2
TOTiiL ASSETS

Chicago St.Louis Minn. Kans.Cy. Dallas San Fran.
\
961 , 1+57 5684,257 565,190 486736 796,141 611612 2 , 377,315
6.072
4,590
1,478
20,596
424
467
235
12,816
18,220
9172
45,594
16,545
46,551
9945

Atlanta

1 / 56
lT ,l6 l
562,668
9,715
1^,152

15
2,1+00
9k ,523
4,684
l+»l+02

6
13
5
5,568*
7,402
6,-277
205,501+ • 114,865
96,456
4,270.
5,221
1,675
7,106
5 ¿821+- ‘ 5,o4i

17
7,451
229*531
2,885
8,914+

2
3
1342
4,051
67,258 29807
2,087
1295
2,904 - 1988

4
6,149
80,144
2,775
2,81+6

4
221+4
50456
1010
25II

11
12,589
160,905
2,654
5,992

29 ,599 ,121 1819.531 8,485,500 181+2,969 2 , 589,198 1589,1+77 131+2,569 1+91+8,591 1123,475 675518 1152,622 877339 3,152,334
After deducting $81,000 participations of other Federal Reserve Banks«