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^porm F* R* 283

STATEKBIT FOR THE PPESS
Released for publication
Friday morning, July 18;
not oariier.

Board of Governors
of the Federal Reserve System
July YJ, 19^1

CONDITIO!1 OF TFL FEDERAL RESERVE BAMS
During the week ended July 16 member bank reserve balances increased
$21?2,000,000* Additions to member bank reserves arose from doorcases of
$50,000,000 in money in circulation and vl90,.000,000 in Treasury dopocits
with Federal Reserve Banks, and increases c-f vi|.5*000,000 in Reserve Bank
credit, vl5*000,000 in p:old stock, and s’
5*000,000 in Treasury currency,?
offset in part by increases of 518,000,000 in Treasury cash and v36,000,000
in nonmember deposits and other Federal Reserve accounts# Excess reserves
of -number banks on July 16 vjovg optima bod to be approximately C5,3^-J-O,000,000,
an increase of v220,000,000 for the week#
Changes in member bank reserve balances and related items during
the week and the your ended July 16, 19lUl were as follows:

Increase or decrease
since
July 16,
I9I1I

July 9,
I9I4I

July 179
!9U0 _

(In millions of dollars)

2
2,179
5

- 1
—*•

—
-261+
- 2

10
98

+ 1
+1j6

+ 1
+ 58

Total Reserve Bank credit
Gold stock
Treasury currency

2,29k
22,655
3,157

+1+5
+15
+ 5

-207
+2,399
+lijl

Member ban]: reserve balances
i’
onoy in circulation
Treasury cash
Treasury deposits with F* li. Banks
Nonmember doisos its and other F.R. accounts

13,223
9,61+5
2,309
849
2,061

+252
-50
+18
-190
+36

-61+0
+1,773
+110
+571
+521

Bills discounted
TJi S. Government direct obligations
U. S.Government guaranteed obligations
Industrial advenoos (not including 12 million
commitments-July 16)
Other Reserve Panic crodit




Form F. It. 283-0.

Released for publication Friday mornin^, July 18, 194l; not earlier.
STATEJ'EFT OF CONDITION
OF THE TWELVE FEDERAL RESERVE BA.MS COKBINED
(In thousands of dollars)
Increase or decrease
since
July 16, July 9,
July 17,
191+1
191*1
1940
ASSETS
Gold certificates on han<i and
20,307,532
- 2,999 +2,279,054
duo from U* S, Treasury
Redemption fund - F. R. notes
12,186
+ 1,633 +
1,833
283,282
+ 31,003 - 84,357
Other cash
Total reserves
Bills discounted?
Secured by IT. S. ^ov*t obligations,
direct and guaranteed
Other bills discounted

20,603,000

29,637

930

938
123

1,366

-

2,296

- 1,061
+
455

Total bills discounted
Industrial advanoes
U. S. Government securitios,
direct ar.d guaranteed:
Bonds
Notes

1,363,800
620,300

Total U. S. Government securities,
-r..^ct and' fuaran-fceocl

2,184,100

•

9,807

Tr.-cal bills and securities

2,196,203

D\i3 from foreign banks
F. P. notes of othor banks
Tncollcct'-d items
Eank prenisos
Other assets

47

TOTAL ASSETS
L I A D I L_I T JMS S
F. R. notes in actual circulation
Deposits:
V'smter b&rk-rsserve account
U* S. Treasurer-General account
Foreign
Othor deposits
Total dopesits
Doiii ’
ied availability ihctns
Oth-.sr liabilities including
accrued dividends
TOTAL LIAPILITIL'S
C- A ? I T A L A C C 0 IT V T S
vapitui 3.5 id in
Suv'v.5 iZ rtion 7)
S". j m u .. (Section ljo)
Oth-r cnpic?l accounts
TOiAL LIABILITIES A™) CAPITAL ACCOUNTS
Ratio of total reserves to deposit and
A. note lit.Mlities combined
Commitments to make industrial advances



30,130
1,120,507
4o,li44

45,896
2^,036,227

162
73

+

89
689

«* 265,828

—
606

—
+ 627
+22^916
269
613
+255,456

6,774,078 - 23,0li6

13,223,032 +251,955

84?, 712 -189,173
1,185,116 ~ 6,459
607,199 + 42,718

157864,719 + 99,o 4 l
1,022,766 +179,402
114

2,115

+
-

+ 40,604
• 306,432

•mmm

-

+2,196,530

- 265,050
—
+
6,522
+ 330,194
996
10,218

«•

+2,256,982

+1,543,719
639,987
+ 570,977
+ 384,680
+ 109,114
+ Ii24,784
-

+ 272,371
+

b25

23j6b3>Cy78 "^55,283

+2,241,299

219
140,797 +
—
157,065
?6/;85
47,°02
2l+,oS6',227 +255,456

+
+

91.0$
11,950

Oaf
• •£./0
—

482

3,346
5,345

+
7,'¿4
+2,256,982
+

2.($

+

3-339

Form F. H. 283-b
ASSETS

STATEMENT CF CONDITION 0? THE FEDE?J'.L RESLIVi: BANKS CH JULY 16, l$4l
(ln thousands of dollars)
Total

Boston

Gold certificates on hand and
due from U.S.Treasury
20,307,532 1,214,415
Redemption fund-F.R.notes
12,186
154
Othor cash
283,282
23,644
Total reserves
20,603,000 1,238,213
Bills discounted:
Secured by U«S.Gov’
t obligations,
diroct and .guaranteed
930
47
Other bills discounted
1,366
—
Total bills discounted

New York

Phila.

Cleve.

Rich»

Atlanta

Chicago St.Louis Finn. Xans.Cy. Dallas

San Fran.

8,779,562 1,201,628 1,564,028 692,026 4-74,115 3,360,120 550,410 539,855 465,c44 32';,178 1,34-:,151
1,810
402
862
1,761
687
1,655 1,015
603
560
794
1,605
66,057
19,033
21,003 15,4-31 22,572
35,105 17.979 5,574 12,769 13,907
50,208
8,84-7,429 1,221,14-3 1,585,895 709,218 4-97,374- 3,596,880 569,4-02 34o,052 4-76,373 358,879 1,576,164515
790

80
46

100
22

—
—
—

*

—

5C

—
—

38

50

—

2C9

175

1*02

~

448

38

—

40
169

46
20i+

25
10

114-

250

35

1,129

274

174-

27
87

2,296

4-7

1,305

126

122

Industrial advances
9,807
U •S.Government securities,
direct and ruaranteed:
Bonds
1,363,800
Notos
820,300
Total U. S. Gov't securities,
direct and guaranteed
2,184-, 100

1,009

1,533

3,522

323

99,286
59*719

384., 115
251,056

107,301
64,541

141,895 74,720 57,484
85*548 44,943 34,577

166,099 65,886 38,477 66,280 53.-594
loo,446 39,^30 23,144 39,864 5-,235

107,765
¿4,317

159*005

615,14.9

171,842

227,24-5 119,663 92,061

267,445 105,516 61,621 106,144- 85,329

172,582

Total bills and securities 2,196,203

160,061

617,987

175,49c

227,688 120,481 92,274

267,897 105,516 62,278 107,387

86,355

172,791

Due from foreign banks
4-7
F. P. notes of other banks
30,130
Uncollected items
1,120,507
Bank premises
4o,444
Other assets
4-5,896

3
1,083
120,204.
2,805

18
3*646

5
1*915
76,448
4,766

*
1
1
1
3,011 1,874 1,417
1,949
965
¡-63 26,603 4-3,6f4 54-,250
164.-893 64,‘
1,181
3,0C7 2,305
1,353 2,948
2,166
2,025
1,357
5,251 2,103

4
5,588
53,919
2,804
4,015

total

ASSETS




3*102

265*586
10,107

12,090

3,866

4
1,483
148,629
4-,5i>
5,207

818

2
2
0,654 2,745
P],64o 39,98?
1,970
2,687
1,925
¿,789

24-,036,227 1,525*4-91 9*756,863 1,483,633 1,973,617 923,4-71 636,275 3,84c,945 745,687 439, o4c 631,488 465,634 1 ,013,085
♦Less than §500.

Form F# R# 283-c
LI A B I L I T

STATIFENT OF CONDITION OF TTTE FEDERAL RESERVE BANKS ON JULY 16, 191+1
(in thousands of dollars)
IES

Total

Boston

Nevr York

Phila.

Clove.

Rich.

Atlanta Chicago St.Louis Kinn. Kans.Cy. Dallas San Fran*

F.R. notes in actual cir­
6,77i+,0?8
culation
Deposits:
F ember bank-reserve acct.
13,223,032
U.S.Trsasuror-General acct.
8i(9,372
Foreign
1,185,116
Other deposits
607,199

561,896 1,792,1+58

1*69,210

636,51+8 520,l*.5li 222,157 1,1+57,066 251,798 172,586 22ii,678 106,802

558,¿£5

707,688 6,386,1*37
62,694 282,567
56,227 1*1+9,1+97
11,371 kS7 ,0k6

699,01*8
72,691
lli+,998
16,815

975,561 ¿1.11,599 281*,558 1 ,901,920
69,095 37,217 50,213 123,061
109,071 50,979 1+1,1+91+ 11*2,266
8,1*52
19,276 6,647 6,572

325,357 165,902 292,365 21*2,312
19,576 3k,Iks 2Q,:k5 J2,925
55,567 26,082 3U,3tl 3^,381
l,7ö8
10,116 7 ,kk9 2,901

83Ù,685
26,837
90,173
28,968

Total dopooits

837,980 7,605,547

903,550 1,170,801 506,1*1*2 562,1*1*2 2,175,699 1+18,1+16 233,581 353,192 311,1406

980,663

l60,ll*9 63,588 23,101 1+0,238 33,761

1*6,186

Deferred availability items
Other liabilities including
accrued dividends

15, 861*,719
1,022,766

99,679

229,930

76,177

131,627

80,322

53,008

2,115

335

359

161

227

252

59

229

75

78

107

205

48

TOTAL LIABILITIES

23,663,678 1,1*99,890 9,626,29*4- 1,1*1*9,098 1,939,205 907,1*70 622,61ìó 3,793,11*5 735,877 1*29,31+6 623,215 1+52,174 1, 585,322
C A F I T A L
C C -0 U w T S
Capital paid in
5,1*95 i*,830
11,921
9,352
11,761
11*0,797
ik, 515
15,131+ l+,352 2,999 i+,5l+5 l+,278
51,637
Surplus (S3ction 7)
10,906
56,1;>*?
5,21*7 5,725
157,065
15.1I4I+
1!4, 325
22,82k h,?25
5,152 5,613 3,971+
10,785
Surplus (Section 13b)
7,070
2,121
2,8?1*
1,007 3,2^4
535 1,000 1,138 1,263
26,785
713
l+,593
l,lj29
Other capital accounts
1*7,902
3,096
2,1*69
5,077
13,1+15
l+,569 2,015 2,359
8,1+15 2,020 2,5i*5 1,979
l,9l+5
TOTAL LIABILITIES AKD
c :j »i t a l ACC0U1TTS
2l+,036,227 1,525,U91 9,756,863 1,1*83,655 1,975,617 925,1*71 656,275 5,81*0,91*5 71+5,687 1+39,01+0 65U,i+88 1*65,651* 1 ,615,085
Commitments to make industrial
2
3,612
1,528
advances
11,950
1,521
1,570
2,205
269
5I+7
31
779
1+9
39
MATURITY DTS'TTRUT 10;' OF BIILS 'lïï) SECURITIES
’
»'/ithin
2 Years to
Over
16 to
6 Months
1 Year
01 to
91 days to
51 to
T—,£ A-0
fi'irp, 50 days
6 months
to 1 Year
to 2 Years
5 years
60 d'-.ys 90 days
5 years
Total
—
Bills discounted
.—
—
—
122
1*2
105
295
1,752
2,296
—
Industrial advances
2,288
1,1+16
1,398
1,386
181
869
75k
9,807
1,515
U.S. Government securities,
.1,233,600
581*,000
8l+,800
238,700
1*3,000
—
—
direct and guaranteed
2,184,100



wmwm

mmmm

Form F# K* 283-d

FEDERAL RESET;VE NOTE ST'.TEJ” T,T OF JULY 16, 194l
(in thousands of oilers)
Total
Federal Reserve notes:
Issuod to F.E.Bank by F.R.Agent
Hold by Federal Hosorve Bank
In actual circulation

Boston N qt; York

Phi la» Clovs*

I ich* Atlanta

Chicago St.Louis Finn. Kans.Cy. Dallas San Fran*

7,138,328 590,0^6 1,091*,978 487,947 660,21? 3^,588 247,182 1,490,292 267,690 177*929 235*490 121,2o7 b22,o92
364*250 28,160
102,520 18,737 23,669 22,134 25,025
33*226 15*892 5*343 10,812 14,465 64,267
6,774,078 561,896 1,792,458 469,210 636,548 320,454 222,157 1,457*066 251,798 172,5C0 224,678 ICj,802 55^,¿¡25

Collateral hold by agent as se­
curity for notes issued to bank:
Gold certificates on hand
and duo from U. S. Treasury
Eligible paper
Total collateral




7,293,500 615,000 1,910,COO 500,000 665,000 570,000 250,000 1,520,000 279*000 179,000 240,000 126,500 639*000
1,801
47
i*3C5
126
—
—
—
—
—
209
114-

7,295*301 615,047 1, 911*305 500*126 665,000 370,000 250,000 1,520,000 279*000 l'79,209 2Ù0,114 126,500 639*000