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Forii. F. K.' ¿¿83
STATEMENT FOR THE PRESS

Released fo r p u b lica tio n
Friday morning, July 13j
not e a r lie r ,

Board o f Governors
o f the Federal Reserve System
July 12,

191+5

.CONDITION OF- THE. FEDERAL RESERVE BANKS
. During the week ended July 11 member bank reserve balances decreased
$152,000,000. Reductions in member bank reserves arose from a decrease of
$221,000,000 in Reserve Bank credit and an increase "of $98,000,000 in money in
circulation, o ffset in part by decreases of $82,000,000 in Treasury deposits with
Federal Reserve Banks, $55,000,000 in Treasury cash and $27,000,000 in nonmember
deposits and other Federal Reserve accounts.; Excess reserves of member banks on
July 1 1 ' were estimated to be approximately $1,1+00,000,000.
'Holdings of loans, discounts and advances increased $3l+,000,000 while
holdings of United States Government securities decreased $201,000,000« The de­
crease in holdings of-United States Government securities reflects a decrease of
$201,000,000 i n ‘b i l l s .
Changes in member bank reserve balances and related items 1during the week
and the year ended July 11, I9 I+5 , were as follows j

Increase or decrease
since
July 11,
19U5

July 3,
19^5

July 12,
19UU

(In millions, of dollars)
U. St Government securities
Loans * discounts and advances
Other »Reserve Bank credit

2 1 , 51+1+

Total Reserve Sank credit
Gold stock
Treasury currency

22,028
20, 211+
h, 11+5

Member bank reserve balances
Money in circulation’
Treasury cash
Treasury deposits-with* F. R* Bariks ‘
Nonmember deposits and other F. Rf accounts

ll+, 570
26,932




76
U08

2,230
585

2,070

- 201
+
3k
- ■ 53

4- 6,728
•f
20

1+5

221

1
**•

+
-

t

152
98
55
82

27

+
**

6,792
900
38

1,7 2 1
1+.371
73

68
. 157’

F orra F. R. 283c
L I A B I L I T I E S
.Federal Reserve notes
Deposits :

Foreign
Other
T ota l deposits
D eferred a v a i l a b i l i t y iteu
other l i a b i l i t i e s in clu d ir
accrued dividends.
TOTAL LIABILITIES
C a p ita l paid in
Surplus (S e c tio n 7)
Surplus (S e c tio n l j o )
other c a p ita l accounts

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JULY 11, l^k5
( I n thousands o f d o lla r s )
T o ta l
Boston
New York
P h ila .
C leve.
Rich* A tla n ta Chicago S t.L ou is
23,151,382 11+66, 1+82

5,112,559 1529,698 2029,193 1555.275 1370,51+5 1+235,599

ll+, 570,1+06
585,128
1,21+3,385
373,605

681,1+83
1+3.130
80,777
7,267

1+i, 588,300
197,1+1+7
1/1+97,918
276,938

735,366 1132, 11+2
76,038
37,99b
102,1+29 101,265
3,31+8
8,313

638,1+78
25,1+96
1+8,887
8,179

16,772,521+
1,1+13,929

812,657
111,916

5.,560,603
271,770

879,137 1317,758
80,61+6 130,161

721, 01+0
103,538

8,527

679

1,613

597

875

Minn. Kans.Cy.

D allas SanFran.

975,609

506,777

857,696

583,520 2928, 1+29

672,572 2136,503
22,322
l+l+,5ol+
1+0,739 151,316
6,181
3,81+3

51+7,682
17*11+1
31+.919
H+,098

332,856
23,263
26,771
2,112

7-03,882
16,687
3U.919
1,190

681,773 1719,369
58,01+2
23,061+
83,526
31+.919
1*215
1+0,921

739,1+76 2338,501+
87,9^0 200,579

613,81+0
68,1+21*

385,002
32,81+8

756,678
8l+,736

71+0,971 1906,858
60,685 175,686

i,ol+7

361

•1,139

• 1+08

508

357

280

663

1+1,31+6,362 2391, 73)+ 10,,91+6,51+5 21+90,078 31+77*987 2385,361 2198,318 6775,729 1658,231+
6,829
20, 1+12
5,1+82
170,1+85
12,789
6,171
10,327
60,51+3
17,155
228,153
33,201
7,01+8
19,372
7,936
7,813
8l+,903
19,071
15,239
2,880
i+,1+68
3,290
762
527
1,007
27,1651, 1+29
7,H+3
12,296
109,686
6,561
7,003
6,083
7,817
15,91*3
5,1+93
23,695

925,766 1699,518 1385,1+56 5011,636

1+1,881,851 21+26,71+1 11,,122,829 2535,021+ 3527.516 21+10,296 2219,270 681+6,711+ 1676,781+

939,891 1717,701+ 11+03,156 5055,926

3,701+
b, 950
1,073
l+,398

5,735
6,025
-1,307
1+.633

' 5,523
6., 196
1,137
5,330

15,815
15,899
2,11+2
10, 1+31+

TOTAL L IA B IL IT IE S AND

CAPITAL ACCOUNTS
Commitments t o make
in d u s tr ia l loans
F. R. notes outstanding
C o lla t e r a l fo r F.R. notes
held by F#R. Agents:
Gold c e r t i f i c a t e s
E lig ib le paper
U.S* Govt, s ecu ri t ie s

Discounts and advances
In d u s tr ia l loans
ü. S. Gove rnment
s e c u r itie s




5,097

225

23,811,697 1502, 1+36

11,056,000
1+9,951+
13,131,753

3,301

—

—

300

—

376

50

5,,263,511 1571, 601+ 2069,872 1586,1+97 11+22,166 1+310, 21*6 1013,882

620,000 3, 320,000 528,000 625,000 525,000 630,000 231+5,000 300,000
—
—
—
36, 1+29
2,530
3,200 .
2,950
2,315
900,000 2, 000,000 1050,000 11+50,000 1075,000 800,000 2000,000 321,753
MATURITY DISTRIBUTION Of’ LOANS AND SECURITIES
16 to
30 days

Total

Within
15 days

72,879
3,251+

52,090
2,123

ll+,270
3

21, 5I+I+,1+1+6 2, 988,007

2 , 81+1,099

31 to
601 days
1,000
30

61 to
90 days
5,519

8

9 I daysi to
6 months

6 months
to 1. ysar

—

-i+07

156

—

—

200

879,21+0

609,518 3066,61+8

195,000 280,000
—
2,500
325,000 650,000

161+, 000. 152l+,000
-,
50
ù 6 o , o o o 1600,000

516,077

1 to 2
years
—
107

2 to 5
years
--

120

273,800
616,850 1+,03C>,371
' 507,652
l / After deducting $71+2, 610,000 participations; of other Federal Reserve Banks.
l+,9 lli ,761

1+,,621+, 566

61+5

Over
5 years
—
—
71+7' , 31+0

Form F* It. 283a
Released fo r p u b lic a tio n Friday morning, July 13,l9k5,

e a r lie r .

STATEMENT OF CONDITION.
OF THE TWELVE FEDERAL RESERVE BANKS COMBINED
( I n thousands o f d o lla r s )
Increase or decrease
since
July 11,
19U5

July 3»
191*5

July 12,
191*1*

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

17,.363,915
689,213

+ 19,700
- 21,089

- 1, 161*,210
+ 268,680

T o ta l gold c e r t i f i c a t e

18, 053,128

-

1,389

-

895,530

202,18k

+

¿4-73

+

?3*S39
27,75k
7,922

reserves

Other cash
Discounts and advances
In d u s tria l loans
II. S. Govt, s e c u r itie s :
B ills
C e r t ific a t e s
Notes
Bonds

72,879
3,25k

+ 33,995
♦
51

12,69k,8k3
6, 052,011
1,68k,9 50
1,112,61*2

- 200, 891*
—

T otal 0. S, Government
s e c u ritie s

21, 5!*!*, 1*1*6

- 200, 891*

+6,?28,k65

Total loans and s e c u ritie s

21,620,579

-166,81*8

+6,7k8,297

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

110
. 93,069
1,821,1*83
3k, 057
57,21*1

+ 9,583
- 106,607
+
2
+
71*2

+
+

1*1/881,851

-26k,Okk

+5,785,551

Federal Reserve notes
D ep osits :
Member bank-reserve account
U, S. Treasu rer-gen eral account
Foreign
Other

23,151,382

+ 50,009
4

+k, 192,633

li*,570,i*06
585,128
1,21*3,385
373,605

-151,877
- 82,360
+ 36,086
- 6 6 ,5k5

+1, 721,099
+
68,367
- 21*1*, 308
- •
1,525

Total deposits

16,772,521*

-26k, 096 - +I,5k3,,633

TOTAL ASSETS

mm

+3,902,1*83
+2, 670,021
‘+ 502,1*15
- 31*6, I*5k

- -

26
1. 969.
11,170
61*8
5,8k2

L I A B I L I T I E S

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 din g
accrued dividends
TOTAL LIABILITIES
C A P I T A L

8,527
1*1,31*6,362

-■53,071
+•

-

33,219

815 ■ +

i,ol*3

-266,31*3

+5, 70k, 090

A CCOUNT S

C ap ital 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 t o t a l 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




1, 1i 13,929

170,1*85
228,153
27,165
109,686
1*1,881,851

1*5.2fo
5,097

+■

1*32 ■ •+
11,563
+ ■ko,056
+
.200
+
29,
61*2
1,867

—
—
+

-26k,Okk ■ +5,785,551

+

.2%
55*

♦Revised*

- 10. 27»
+ . 1,182

Forni K. R. 283b
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JULY 11,
( I n thousands o f d o lla r s )

lyb5

A S S E T S
Total

Other cash
Discounts and advances
Industrial loans
U# S# Govt-, secu ritie s:
B ills
C e r tific a te s
Notes
Bonds
Total U* S. Government
securities

Total loans and
securities
Sue from foreign banks
F#R* notes of other bank;s
Uncollected items
Bank premises
Other assets
:?OTAL ASSETS




7 5 3 ,2 1 3

689,213

k 5 ,9 2 8

5 ,3 l2 ,k 9 k

110,966

1 8 ,0 5 3 ,1 2 8

7 9 9 ,lk l

2 0 2 ,18 k

1 8 ,0 1 * 2

7 2 ,8 7 9

3 ,2 0 0

3 ,2 5 k

128

7

12 , 69! * , 81*3
6, 052,011

8 1*1,1*9 5
k 2 5 ,l9 2

3 ,0 2 7 ,8 7 5

1 ,6 8 k ,950

1 1 8 ,3 7 8

1 ,1 1 2 ,6 1 * 2

7 8 ,1 7 0

2 i,5 l4 * ,k k 6

lk 6 3 ,2 3 5

2 1 ,6 2 0 ,5 7 9

11* 66,563

110
93,069
1 ,8 2 1 ,1 * 8 3
3k

, =057

5 7 ,§ k l

5 ,k 2 3 ,k 6 o

32, 1*69
3 6 ,k 2 9

1,5 0 3 ,5 1 9
k ie ,5 9 5

Cleve.

Rich,

Atlanta

7 8 7 ,7 5 7

1 0 9 5 ,5 9 i

7 7 8 ,2 6 2

9 2 6 ,6 5 1

5 2 ,8 5 9

7 2 ,7 6 2

5 5 ,2 8 1

1* 0 ,6 2 7

1 16 8 ,3 5 5

8 3 3 ,5k3

9 6 7 ,2 7 3

2 0 ,9 3 7

1 1 ,7 1 2
2 ,3 1 5

8k 0 ,616
1 7 ,7 1 8
2 ,9 5 0
2 ,3 6 9

12,500
- -

85

Chicago St.Louis

3k 65,636
*70

Minn* Kans.Cy*

516,630 291,332

5 2 8 ,8 1 2

3 8 ,6 6 0

1 6 , 5k3

3 1 ,8 5 5

3 5 7 0 ,10 6

5 5 5 ,2 9 0

3 0 7 ,9 2 5

5 6 0 ,6 6 7

17 ,3 1 * 2

2 k ,375

3 ,8 1 * 3

k ,2 3 6

1 1 ,5 6 9

2,700

7 ,6 5 0

2 ,5 3 0

lo l+ ,l

275

----

883,692 1306, 20!*

8 5 8 ,3k9

k 5 7 ,7 1 3

5 7 7 ,kk3

3 8 0 ,2 1 8

3 2 3 ,7 9 5

1 2 7 ,k33

160,768

1 0 5 ,3 5 7

9 0 ,11* 3

219, 211*

5 9 ,5 2 8 -

lk k ,7 5 6

6 3 5 ,2 9 9

176k

, 171

7 8 7 ,3 7 6

- -

2 k 6 k ,397

2 k ,738

9 k ,k 7 k

k

67,876
8 ,9 5 1

2,500

—
—

5 7 0 ,0 8 1

Dallas SanFran.

15

3 k 2 ,8 6 5

305,885 161,029
85, 162. k k , 8 3 3
•56,236
29,605

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

75
—-

:2 5 5 8 , 8 7 1
2 5 ,k 9 0

30
375

1*6 1 *, 2 6 3

137k , k o k

260,369

5 9 0 ,0 8 1

7 2 ,k 9 0

1 6 k ,286

1 * 7 ,3 6 3

10 3 ,k8 5

8 k ,lk 9

1 0 6 ,16 2

69,902

5 ,2 2 6 ,1* 0 5

1 5 5 2 ,9 3 7

2 1 5 0 ,5 7 7

lk I k ,326

1 1 0 8 ,7 7 0

2915,517 1017, 36k

5 7 8 ,3 3 2

1 0 3 k ,687

8 k k , 9 9 0 . :2 2 3 7 , 2 5 6

5 ,2 6 2 ,0 1* 1

1 5 5 3 ,3 0 6

2 1 6 3 ,0 7 7

1 1* 1 6 ,7 2 6

1 1 11 , 1*70 ;2923, 1*1*2 1019, 89!*

5 7 8 ,3 3 2

1037,202

0 k 5 ,0 6 5 - 2 2 3 7 ,6 6 1

1/ k o
17,997

10

10

5

k ,8 7 3

k ,1 5 l

5 ,6 2 3

8 ,1 9 5

9»7kk

3 6 k ,121

105, 92k

1 6 1 ,5 5 k

1 3 6 ,0 7 7

109,701

3 0 7 ,8 6 1*

3 ,3 8 5
1*,

k ,-0 a 5

2 ,3 1 8

1*590

3, lk l

5 ,3 8 7

3 ,7 9 2

276 , 1* 16 -

7

6,560
13 0 ,6 5 5
1*582

Phila.

CO
00
O

Total gold c e r t i f i c a t e
reserves

17 , 363,915

New York

hT\

Gold c e r t i f i c a t e s
Redemption fund for
F# R# notes

Boston

.

, 8 ,7 8 k -

It, 18 0

1 3 ,H 7

192

1*1,831,851'21*26^1 i l , 122,-829-2535ioel* 3527,516 21*10,296
l/

k'

3 , 190 -

’ lk '

8 ,0 2 8 -

•3
6

,665

3 0 ,9 2 7
2 ,0 8 8 3 ,0 7 k

5 1 ,3 6 5

3

3

8

2 ,5 7 0

3
5 ,7 6 6

3 ,k 0 8

1 7 ,5 1 7

k k ,o i9

9 7 ,1 9 2

7 k ,718

2 0 3 ,7 2 3

1 ,2 3 9

•■ 1 , 5 6 7

-£ ■ ,62 6
2 ,6 7 9

2219 , 270 -601*6, Til* 1676 , 70!* 9 *5 , :9 1 ‘ 1717, 70k

A fter deducting $70,000 participations of other Federal Reserve Banks.

■859

2,276

1,900
5 ,7 5 1

11*03,156 5055,926