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Form F* R* 28j STATELIENT FOR THE PRESS R eleased f o r p u b l i c a t i o n F rid a y morning, J u ly 23; n ot e a r l i e r . Board of Governors of the Federal Reserve System 'July 27, 19bh CONDITION OF THE FEDERAL RESERVE BATIKS -During the week ended J u ly 26 member bank r e s e r v e b a la n ces i n c r e a s e d $39,000,000. A d d itio n s t^ member bank’ r e s e r v e s aro se from i n c r e a s e s o f $125#000,000 i n R eserve Bank c r e d i t and 62,000,000 i n T rea su ry c u rre n cy and d e c re a sg s o f $35*000,000 in Treasury cash ana $2U,000,000 i n nonmember d e p o s i t s and/Feaeral Reserve a c c o u n t s , o f f s e t i n p a r t by a d e cre a se of $51,000,000 in gold sto c k and i n c r e a s e s o f ^5 3 , 000,000 in-money i n c i r c u l a t i o n , and 5I4.3 f 000,000 in Treasury d e p o s it s w it h F e d e ra l Reserve Banks* Excess r e s e r v e s o f member banks on J u ly 26 were e s tim a te d t o be apprcixim ately $1,300,000,000. There was an i n c r e a s e o f $22*6,000,000 in h o ld in g s o f U nited S t a t e s Government s e c u r i t i e s : b i l l s i n c r e a s e d - £272,000,000; w h ile n o tes d e cre a se d $5 , 000,000 and bonds 2 2 1 , 000 , 000. Changes i n member bank r e s e r v e b a la n c e s and r e l a t e d items d urin g the v/-..;ek and th e y e a r ended J u ly 26, I 9W4 , were as f o l l o w s : I n c re a s e or d e cre a se ■since July 26, ‘ I9W4 July 28, 191+3 July 19, 19I4I+ (In m illions of d ollars) U. S. Govt, s e c u r i t i e s ( i n c l . ¿ u a r. s e c . ) L oans, d is c o u n ts and advances Jther Reserve Bank c r e d i t lit, 30 2 1+8 27li +2J4.6 - 2 -II8 Total Reserve Bank c r e d i t Gold s t o c k Treasury curren cy 15,121+ 20,996 it,111 +12Ç■ - 51. + 2 Member bank r e s e r v e b a la n c e s l.ioney in c i r c u l a t i o n Treasury cash Treasury d e p o s its w ith F. R. Banks ITonmember d e p o s i t s arid o th e r Fi a ccounts 12,793 22 ,581+ 2,313 1+03 2 ,136 + 39 + 53 - 35 + ¿4-3 - 2k +6,851 + 23 - 167 ; +6,706 -1,338 21 + 1+81+ +i+,7S'5 + 1+1 - 156 + 236 Form 283c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JULY 26, 1?U l (In th-usands of d o lla rs) Total- Boston L I A B I L I T I E S Feaeral Reserve notes 18, 995,287 j 21+0,631 D eposits: Member bank-reserve acct . 12, 792,593 610,579 U.S.Treasurer-general a c c t. 1+02,698 22,572 Foreign 1 j a u .721 97,569 Other 1+,156 358,351+ Total deposits I li,968,366 .73l+,876 Deferred a v a ila b ility items 1 93^79675 100, 781+ Other l i a b i l i t i e s including accrued dividends 7,5¿+6 780 TOTAL LIABILITIES 35,313,871+ 2077,071 Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AED capital ';.cc w t s Commitments to make industrial loans Hew York 1+21+7 ,707 1+197 ,007 106,982 1/ 538,922 255,780 5098,691 2o2 ,057 3,61+8 Total Cleve. Rich* A tla n ta 1266,328 1685,713 1230,277 1088,956 3521+,019 635,1476 1015,086 25,700 1+1 ,1+81 126,U86 122,362 9,122 8,1+23 796,781+ 1187,352 79,563 13l+,607 Minn. Chicago St.Louis 800,011+ 1+20,592 Kans. Cy. Dallas SanFran. 697,703 l+61+,802 2328,51+5 518, 821+ 526,1+71+ 196!+,959 U+5,506 231,301 601,1+51+ 526,385 li+69,0l+2 13,988 23,606 13,576 8,965 10,969 23,765 35,711 75,383 1+2,620 30 , 21+7 39,371 107,303 39,871 5L,99h 1+3,995 170,1+31 l+,226 10,81+0 3,001 1+, 20i+ 36,1+1+3 ■ 1 , 91+? 7,217 12,993 601,650 601J451 2131+, lld+ 509,935 323,511+ 657, 262. 5314,536 1633,171 58,976 17l|-,007 57i76l+ 27 ,1+31+' 7l+,085 102,513 73,130 202,750 526 5OI 231+ 616 1,022 231 219 29b 1,959 791 273 96io,iai+t 21Ì43,206 3008,1*63 1931,721+ 1761+,153 5911,935 -1367,991+ 771,759 1I+29,323 1108,608 I+191, 221+ 159,182 5,012 12,106 6,376 18,830 13,370 16, 221+ 1+,868 3,1+58 9,91*7 58, 123’ 5,155 5,713 13,206 70,012. 16,026 5,236 26,1*90 • 6,330 b , 331 li+,159 183,097 3,669 • l+,55l+ 17,859 5,725 •1+,1+21 26,965 1,000 7,092 2,871+. 3,290 2,129 1,007 530 1,307 1,137 7I+9 1,1+29 3,662 1+.580 9,820 i+.iSo* 5,770 i+,979 12,037 82,21+5 18,987 5,1+65 1+,155 5,055 3,505 * * 35,775,363.2107,678 9761.Ù623 2183,057 3051,51:0 1955,396 1781,395 5970,771 1383,227 781+,066 l l M , 32l+ 1123,1+20 1+225,861 8 275 F. R. notes outstanding 19,703,192 1283,675 •-■ 1+1+23,399 C ollateral fo r F. R. notes held by 1 . R. /.gents: Gold c e r t ific a te s 12, 155,000 *71+1 »000 ' 2770,000 E lig ib le paper 32,96o 19,615 2,275 U.S.Govt. se cu ritie s 7,950,761 600,000 1700,000 Discounts and advances Industrial loans U. S„ Govt* s e cu r itie s ( i n c l. guar, s e c .) P hila. 37-, 185 10,71+9 l l ; f 802, 2lli. — — 50 2,005 959 1300,912 1727,117 1271,321+ 1152,671+ 3598,716 610,000 1028,000 — li., 200 700,000 700,000 775,000 1,720 525,000 660,000 2520,000 — — 500,000 1100,000 1+8 1,175 18 2 ,lji+0 1;.6U 8 ,195 • 196 725,126 1+99,611 2l4l+9,3l+3 375,000- 216,000 ---- : l+,320 550,761 225,000 2+30 ¿ooo 330 300,000 256,000 1771+.000 ---— 250,000 800,000 1 to 2 years 2! to 5 years Ove r 5 years 75 m m m m m m 31 ——— ---- ... 210 303 81+0,1480 1+30,315 MATURITY DISTRIBUTION OF LCLKS ;.I;7> SECURITIES 6 months 91 d&ys to 31 tc 61 to l 6 to Within .to 1 year days 6 months . 30 days 60 days 90 15 days 25,375 9,685 — ---- ---- 70 *2 , 087,090 1,1+82,772 3 , 883,563 3 , 220,832 1+1?,2S0 1,70^,371 17,800 1/ A fter deducting o87U,U03,000 pa rticip a tion s of other Federal Reserve Banks, 957,302 1 , 031, 23U fro m F . R. 23? a Released f o r p u b lica tio n Friday r.orfcing; .July 28, 19UU; not e a r lie r statei:?;nt of .condition OF TKi! TWELVE FEDERAL/ RESERVE BANKS C'MBIIJED (In thousands ->f dollars) Increase or decrease since July 26, 19*i4 July 28, 1945 July 19, 1944 ASSETS Gold c e r t ific a te s on hand and due from U. S. Treasury Redemption fund - F. R. n:.)tes Other cash Total .reserves Discounts and advances Industrial loans U. S. Govt, secu rities : S ills C ertificates Motes Bonds Total U. S. Govt. ■secu rities (in c l. ¿:uar. se c,) Total loans and secu rities ■ Due from foreign banks F\ R. notes of other banks Uncollected items Bank premises Other assets TOTAL ASSETS 18,399,125 ¿+25,735 . 290,30k - 54,000 .•+ . 1,820 +. 3,648 T1 , 712.090 + 572,225 6k ,¿446 19-,115,16k 37,185 10,7k9 48,532 1 ,7k5 196 -l,4 o 4 ,3 H + 24,180 — 1,377 + 272,102 '4 , 8oo 21,460 +4,266,657 +2 ,290,290 1- 409,671 - 115,412 ♦ 245,342 +6 , 851,206 .14,850,143 136 ■39 ;'39d 1 ,621,251 .34,665 61,., 601 + 21+3,901 ---4,571 - 243,596 59 ■+ 1,165 +6 , 874,009 + 2 + 28,290 -r 58,117 4,015 + 1 ,499 35,775,365 51,674 +5 ,555,591 3,927,217 3,331,990 1,133,071 1,359,936 1^ ,602,211 • - - L I A B I L I T I E S Federal Reserve notes ! Deposits: Member bank - reserve account U.S.Treasurer i- general account Foreign Other Total deposits -Deferred a v a ila b ility 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 ACC- OUNTS Capital paid irjt . Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AMD CAPITAL ACCXNTS 1 : Ratio of t o ta l1 resprfes iep osit and F. R. note l i a b i l i t i e s c 'r.ibined Connr.itr.ents make in dustrial loans 13,995,287 + 14,1.1.05 +4 ,767,054 12,792,593 ¿4.02,698 l,4 l4 ,7 2 1 353,354 lk ,968,366 + 58,5^4+ + 42,958 - k 7 ,137 + 22 ,593 1,3147,675 - 124,915 + 435,418 - 156,497 214,479 12,537 + 528,815 f 225,788 • .7,546 + 76c + -35»318»374 - 52;857 159,182 ■ 1-6-8 ,097 • 26,96 5' 82,2k5 35,775,363: ' j .56:3-1; 3,648' + 56,915 72 ------- + - 1,091 51,674 n rff ¿i55 1,965 +5 , 525,620 + + + - 10,271 27,686 156 6,122 +5 ,555,591 - 15 .3£ 8,227 Form F. R. 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JULY 26, 1944 .(In thousands o f d o lla r s ) ASSETS Total Gold c e r t ific a t e s on hand and due from U.S.Treasury 18, 399,125 Redemption fund-F.R.notes U^5#735 Other cash 290,304 Total reserves Discounts and advances Industrial loans U# S. Govt, s e c u r itie s : B ills C ertifica tes Notes Bonds Boston New York 985,617 1+830,996 27,796 99,764 73,254 19' nU 19,115.164 1033,127 5004,014 37,185 10,749 2,275 1,533 19,615 89 P h ila . Clève, 91+0,370 1490,601 35,420 35,291 21,995 23,414 R ich. Atlanta 'Chicapro 'S t .L o u is 614,162 359,790 28,612 11,495 6,467 13,367 687,581 li* ,1i4-2 13,272 494,811 2517,143 12.9U1 50,342 9,182 28,339 997,656 1549,443 IO37,490 . 4,200 1,720 187 4,359 355 956,831 3674,657 715,295 3,300 656,141 377,752 — 4,820 ---198 .5i6*93l+ 2595, Ö21+ — ---3.970 585,468 278,095 93,171 111,826 364,155 1346,282 207,1+89 376,518 69,516 126,145 83,435 151,402 361, 71+2 187,1+97 163,315 100,1*15 54,715 33,643 65,670 1+0,379 329,331 176,522 59,139 70,980 262,753 152,635 51,138 61,377 645,1+42 361,934 635 ,972 527,903 1405,697 650,262 362,132 4 ' 3 5,625 4,773 65,915 36,248 1,266 2,041 1,892 ‘3 ,239 636,327 4 7,149 79,602 2,700 3,247 527,903 11+09,667 11 4 16, 821* 3,550 71,110 194,462 1,979 ■9I+7 2,972 7,094 925 33 1077,119 1327,131 12 12 3 ,i4 o 3,54? 96,849 159,75? 4 ,l4 6 3,516 7,500 4,765 783,892 6 10,957 115,594 2,887 4,570 725,553 4 1,197 86,365 1,629 3,816 00 £ -0 Total loans and se cu rities 14,850, 11+8 Due from foreig n banks 136 F.R.n^tes o f other banks 89,39« Uncollected items 1 ,621,251 Bank premises 34,665 Other assets 64,601 N>J 72l+,595 2000,347 669,849 394,547 378,166 223,031 74,723 126,697 152,061* 89,684 ro 781,985 35,775,363 2107,678 9764,628 D a lla s San Fran 909,971 3577,41+9 25,622 : 55,589 21,238 41,619 1068,560 1326,776 TOTAL ASSETS Kans . C y . 9^0,634 28,413 18,41+3 8 ,927,217 504,292 3139,460 3,381,990 256, 11*2 710,536 1 , 133,071 85,813 238,051 1,359,936 102,995 285,714 Total U. S# Govt, secu rities ( i n c l. guar, s e c .) 14,802, 214. 949,21+2 4373,761 953,050 1+393,465 10 1 / 49 1,850 15,385 113,421 329,626 1,638 9,002 4,582 13,087 Minn. 17 9,399 272,302 2,912 7,837 2183,057 3051,5140 1955*396. 1781,395 5970,771 330 25 1383,227 784,066 liii+,324. l / A fter deducting $87*000 p a rticip a tion s o f other Federal Reserve ; Banks« 781,84i 359,126 120,320 141+,410 1123,420 4225,861
@FedFRASER