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Form F . d . 283 STATEMENT FOR THE Pi$SS Rel^as^d fox- publication* Friday m o r n i n g , July 31> not earlier, Board of Governors of the Federal Reserve System July 3 0 , 19h2 CONDITION OF THE FEDERAL RESERVE BiJIKS During the w e e k ended July 29 member bank reserve balances decreased $6,000,000* Reductions in member barilc reserves arose from increases of $ 1 0 1 , 0 0 0 , 0 $ ) in money in circulation and $65#000,000 in nonmember deposits and other Federal Reserve a c c o u n t s , offset in part by a decrease of $115#000#000 in Treasury deposits* wiih Federal Tte&erve Banks and an* increase of $14.1*000,000 in Reserve Bank credit. Excess reserves of member banks on July 29 were estimated to bo approximately $2,200,000,000, a decrease of ^100,000,000 for the w e e k . The principal change in holdings of bills and securities w a s an increase of $63,000,000 in United Spates Government securities * Bills increased $1+3,000,000 and certificates $20,000,000* Changes in member bank reserve balances and related items during the w e e k and the year ended July 29# 1 9 ^ 2 , were as follows: Increase or decrease since July 29 # I9k2 July 2 2 , July 3 0 , 191+2 - 19l*l (In millions of dollars) Bills -discounted U* S# Government direct obligations U* b # Government guaranteed obligations Industrial advances (not including 16 million commitments -^July 29) Other Reserve Bank crodit 5 3,105 5 +63 * 926 + 1 • 23 « + + 261* 3,237 • 1+1 3,322 + + + + + 992 73 159 12 110 Total Reserve Bank credit Gold stock if » Treasury curroncy" 22,71+6 Member bank reserve balances Money in circulation Treasury cash Treasury deposits w i t h F . R . Banks Nonmember deposits £\nd other F , R t accounts 12,51+5 12,61+7 2,224 183 1,707 1 1- - 6 •ioi • X -115 + 65 - 552 +2,950 - 106 - 738 ' - . 329 Form F , a . 283-c L I A B H I 1 STATEMENT OF CONDITION OF THE FEDERAL,RESERVE BaNKS ON JULY 2 9 , 1942 (In thousands of dollars) Total I B S F . R» notes in actual circulation .9,655,487 Depositss Member bank-reserve acct.12,544*589 U»S.Treasurer-general a c c t . 182,536 Foreign 887,989 Other 523 ,2l+i+ Total deposits 14.138 ,358 Deferred availability items Other liabilities including accrued dividends TOTAL L I A B I L I T I E S Boston- New York 725,575 2,378,222 600,969 5,227,073 15>248 32,725 24,295 474,993 11,1+13 308,906 61+9,925 6,01+3,697 Phila. Cleve. 685,073 692,019 20k 64,875 14,914 920,924 925,980 13,116 62,172 78,710 Rich, Atlanta Chicago St.Louis M i n n . K a n s . C y . Dallas San F r a n . 539,08^377,0681,983^07378,371237,021+321,703170,825 938,211 4 6 8 , 5 1 2 363,266 1,898,193 369,286 1 9 8 , 3 6 3 1+01,329 31+6,599 1,053,000 5,132 7,022 31,789 9,509 11,283 9,175 7,1+1+0 28,893 29,735 23,652 82,1+46 20,274 14,867 1 9 . 5 9 8 1 9 , 5 9 8 51,484 8,699 2*762 3 7 , 5 2 2 14,1+46 9,519 3,993 1,785 30,575 7 8 5 , 0 1 2 1 , 0 7 9 , 9 7 8 . 512,078 396,702 2,01+9,950 1+13^515 25I+,032 434.095 375,1+22 1,163,952 917,956 81,715 199,700 63,210 120,01+1 76,1+31 34,222 11+3,196 1+2,111 20,031+ 1+1,81+9 39,353 56,071+ 3,409 371 652 189 361+ 327 212 i+25 98 111 332 204 124 2l+,715.190 1,1+57,586 8,622,271 1,533,484 2,121,307 1,127,920 808,201+ 1+,176,978 83I+,095 1+91,201 797,979 585,804 2 , 1 5 8 , 3 6 1 CAPITAL ACCOUNTS Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL L I A B I L I T I E S IIND CAPITAL ACCOUNTS Commitments to make industrial advances F . R . notes outstanding Collateral for F.R.notes held by F.R.Agents: .Gold certificates Eligible paper 11+5,101+ 157,502 26,781 1+9,1+1+9 53,467 56,651 .7,070 13,828 11,781+ 5,830 5,236 3.21+4 2,01+8 ll+,825 14,346 1,007 4,808 15,171 J+,393 3,271 5,131 5,725 713 2,i+26 15,968 22,925 1,1+29 8,576 4,496 1+.966 530 2,003 3,064 3,152 1,000 2,622 4,685 3,613 1,157 2,117 4,445 3,976 1,263 1,961 11,968 10^792 2,121 3,075 25,094,026 14+83,564 8,753,287 1 , 5 6 8 , 1 0 3 2 , 1 5 6 , 2 9 3 1,144,278 822,199 4,225,876 846,090 501,039 809,531 597,14+9 2 , 1 8 6 , 3 1 7 440 1,625 658. 10,121,699 757,456 2,483,496 724,425 955,691 10,21+8,500 770,000 2,495,000 1,745 15,989 2,280 Total 4,710 11,946 Bills discounted Industrial advances U.S.Government securities* direct and guaranteed 3,110,383 9,1+1+1 10,91+9 2,871+ 2,711+ 754 1,255 704 2,099 2,122 — 2,440 — 3,892 580,819 408,496 2 , 0 2 5 , 4 6 3 4 0 9 , 1 7 2 242,135 335>334 1 8 9 , 3 7 6 1 , 0 0 9 , 8 3 6 Within 15 days 2,380 6,301 740,000 960,000 600,000 415,000 2,040,000 420,000 245,000 340,000 194,500 1,029,000 290 ' — ~ — 245 MATURITY DISTRIBUTION OF BILLS AND SECURITIES 31 to . 1 61. to 91. days to 5~Sonths .lto 2 2 to 5 Over 16 to 60 days 90 days 6 months to 1 year years years 5 years 30 days 95S" 182 . 3 T1,187 1,537 879 177 1,068' 845 768 371 48,499 58,476 185,268 256,250 191,969 236,310 277,175 370,700 1^+85,736 For-a. F. R . 283-a Released for publication Friday m o r n i n g , July 3 1 , 191+2; n o t earlier, STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since July 2 9 , July 2 2 , 191+2 A S S E' T July 30, 191+1 191+2 S Gold certificates on hand and due from U.S»_ Treasury Redemption fund - F . R . notes Other cash Total reserves -1,001 20,51+8,625 ' ll+,602 261+,706 +1,500 -i+,659 +21+6,092 1,669 - 28,526 20,827,^33 -l+,i6o +215,897 Bills discountedj Secured b y U . S . Gov't obligations, direct and guaranteed Other bills discounted 3,126 1,531+ - 15I+ 23 + - l,50l+ l,35l+ Total bills discounted 4,710 - 177 + 150 11,91+6 + 961 + 2,016 Industrial advances U . S . Government securities, direct and guaranteed} Bonds Notes Certificates Bills 1,61+2,836 721*. ,1+75 215,731 527,31+1 T o t a l U . S , Government securities, direct and guaranteed- +1+3,691+ +279,p36 - 95,825 +215,731 +527,3U 3,110,383 +63,691+ +926,283 Total bills and .securities 3,127,039 +61+,1+73 +928,1+1+9 Due from foreigxx bunks F . R." not^s of other banks Uncollected items Bank premises Other assets 1+7 . 2l+,105 1,028,011 1+0,1+55 1+6,1+36 - 22 + 1,131+ 2,233 +11+6,586 + 59 1,165 25,09l+»026 + 1,51+1+ +1,287,593 9,655,1+87 +92,256 +2,826,305 12,514+,589 - 6,721+ -115,795 + 1,1+31+ -552,351 -738,519 -256,01*2 TOT<iL ASSETS +20,000 3,2-25 -56,661' L I A B I L I T I E S F . R . notes in actual circulation Deposits: Member b a n k - reserve account U . S . Treasurer - general account Foreign Other Total deposits Deferred availability items Other liabilities including accrued dividends TOTAL LIABILITIES C A P I T A L il*,133,358 917,936 3,1+09 2i+,715,190 +63,105 -57,930 -33,1+30 + ' 325 +1,121 - 81,167 -1,628,079 + 32,901* + 376 +1,281,506 A C C O U N T S Capital paid in Surplus (Section 7) Surp lus ( S ec ti on 13b) Other.capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Ratio of total reserves to deposit and F . R . note liabilities combined Commitments to make industrial advances 182,536 387,939 523,2lfl+ 11+5,101+ 157,502 26,781 •1+9,1+1+9 . 25,091+,026 87.5? 15,989 + i+; + : 1+19 +l,5Mt - .2% -1,150 ' + 1+,210 + 1+37 1+ 1,1441+ + +1,287,593 - + 3.7# 4,292 F o r m F , R . 283"b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JULY 2 9 , 1942 (In thousands of dollars) A S S E T S Total Boston N e w Y o r k . Phila. Cleye. Gold certificates on hand and due from U.S.Treasury 20,548.625 1,126,526 7,558,704 1,243,937 1,693,672 Redemption fund - F.R.notes 14,602 2,595 1,735 821 ,754 Other cash 264,706 20,874 66,201 13,704 21,087 Total reserves Chicago St.Louis M i n n . K a h s . C y , Dallas San F r a n . • : 848,719 622,780 3;627,797 625,468 383,773 608,537 4l4,137 1,794,575 1,943 605 811 687 143 772 718 .. .3,018 11,942 15,913 44,196 13,375 7,380 12,393 12,175 25,466 20,827,933 1,149,995 7 , 6 2 6 , 6 4 0 1 , 2 5 8 , 4 6 2 1,715,513 ' 862,604 6 3 9 , 2 9 8 3 , 6 7 2 , 8 0 4 6 3 9 , 5 3 0 3 9 1 , 2 9 6 6 2 1 , 7 0 2 4 2 7 , 0 3 0 1,82.3,059 Bills discounted: Secured b y U . S . Gov't obligations, direct and .guaranteed 3,126 Other bills discounted 1,584 Total bills discounted Rich. Atlanta 4,710 i — - — 1,745 638 290 144 50 208 2,383 434 33 ""43 746 57 50 114 290 33 43 803 164 53 133 245 45 66 53 183 — — 66 258 — Industrial advances 11,946 1,164 U . S . Government s e c u r i t i e s , direct and g u a r a n t e e d ! Bonds 1,642,836 " ,1*6,558 Notes 51,402 724,475 15,306 Certificates 215,731 ; Bills 37,397 527,341 1,043 5,404 409 820 1,130 278 i4 504 961 173 46 455,796 201,001 59,854 146,242 120,611 53,189 15,838 33,693 152,144 67,094 19,979 48,315 100,660 71,205 31,400 .9,350 22,846 212,644 93,773 27,924 63,226 32,441 36,356 10,826 26,451 43,469 19,172 5,708 13,947 71,900 31,707 9,442 23,069 63,603 28,047 8,352 20,647 151,805 66,945 >19,934 48,706 Total U . S . G o v ' t s e c u r i t i e s , direct and. guaranteed 3,110,383 862,893 228,336 288,032 190,564 134,801 8 2 , 2 9 6 1 3 6 , 1 1 8 120,649 287,390 Total b i l l s and securities 220,663 22j,827 866,319 Due from foreign banks 47 F . R . notes of other banks 24,105 Uncollected items 1,028,011 Bank premises 40,455 Other assets 46,436 3 776 105,169 2,745 3,049 18 2,159 235,181 • 10,397 12,573 13,218 32,297 402,567 156,074 •• • 3,127,039 TOTAL ASSETS 44,339 234,174 288,699 191,450 135,984 5 1,670 65,574 4,827 3,391 4 1,476 141 M l 4,373 4,787 2 1,954 82,155 3,073 3,040 2 3,155 39.868 1,954 1,938 403,028 1 5 6 , 3 7 8 • 82,833 137,122 121,625 287,600 1 . 711 45,199 1,098 1,785 4 2,891 '65,185 • ,723 • 4,855 25,094,026 1,483,564 8,753,287 1 , 5 6 8 , 1 0 3 2,156,293 1,144,278 822,199 4 , 2 2 5 , 8 7 6 846,090 5 0 1 , 0 3 9 8 0 9 , 5 3 1 5 9 7 , 4 4 9 2,186,317 •Less than $ 5 0 0 . 6 3,762 137,644 2,972 5,660 1 1,744 44,188 2,132 2,11.7 * 1,508 22,841 1,324 1,237 1 2,299 43,566 2,337 2,004
@FedFRASER