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BOARD OF GOVERNORS OF THE v FEDERAL RESERVE SYSTEM
(Released for Publication Saturday Morning*, July 6; not earlier)
July 5, 19^6
H.U.1
CONDITION OF THE FEDERAL RESERVE BANKS
During* *the week ended. J u l y 3* .member b a n k r e s e r v e b a l a n c e s d e c r e a s e d
$ 9 5 * 0 0 0 , 0 0 0 * R e d u c t i o n s i n member b a n k . r e s e r v e s .arose from i n c r e a s e s of
$ 2 6 0 , 0 0 0 , 0 0 0 i n money i n c i r c u l a t i o n ; and $ 1 9 , 0 0 0 , 0 0 0 i n nonmember d e p o s i t s and
o t h e r F e d e r a l R e s e r v e a c c o u n t s , and a d e c r e a s e o f $ 2 9 2 , 0 0 0 , 0 0 0 i n R e s e r v e Bank
c r e d i t * t - o f f s e t i n p a r t b y d e c r e a s e s of $1|63»000,000 i n ' T r e a s u r y d e p o s i t s w i t h
F e d e r a l - R e s e r v e Banks and $ 1 5 , 0 0 , 0 , 0 0 0 i n T r e a s u r y c a s h .
E x c e s s r e s e r v e s o f member
b a n k s on J u l y 3 v/ere e s t i m a t e d t o be a p p r o x i m a t e l y $1±70,000,000.
H o l d i n g s o f l o a n s , d i s c o u n t s and a d v a n c e s i n c r e a s e d $ 8 , 0 0 0 , 0 0 0 , w h i l e
h o l d i n g s o f U n i t e d S t a t e s Government s e c u r i t i e s d e c r e a s e d $ 3 8 2 , 0 0 0 , 0 0 0 #
The
d e c r e a s e i n * h o l d i n g s o f U n i t e d S t a t e s Government s e c u r i t i e s r e f l e c t s an i n c r e a s e
of $ 1 , 0 9 6 , 0 0 0 , 0 0 0 i n c e r t i f i c a t e s and d e c r e a s e s of $ 1 , 1 5 3 , 0 0 0 , 0 0 0 i n n o t e s and
$325,000,000 in b i l l s .
Changes i n member b a n k - r e s e r v e b a l a n c e s and r e l a t e d i t e m s d u r i n g t h e week
and t h e y e a r e n d e d J u l y 3* I9U&, w e r e a s f o l l o w s j
I n c r e a s e or d e c r e a s e
since
July 3,
I9a6
19U6
(In millions
' U. S. Government s e c u r i t i e s
" L o a n s , d i s c o u n t s and a d v a n c e s *
O t h e r R e s e r v e Bank c r e d i t
23,003
2U0
U52
• T o t a l R J s e r v e Bank
Gold s t o c k - •
Treasury currency
23,6914
20,270
_
U,5Uo
15,015
23,395
2,2^9
507
1,538
credit
Member bank r e s e r v e b a l a n c e s
Money .in, c i r c u l a t i o n
T r e a s u r y c-ash
T r e a s u r y d e p o s i t s w i t h F. R. Banks,
Nonmember d e p o s i t s and o t h e r F f R . a c c o u n t s
•June 26 f i g u r e s
July 3,
19^5
June 2 6 ,
of
dollars)
382
8 ;
8it*
• +1.,258
+ 198
9
+
292*
1
1
+ 1,M5
•f
57
+ 395
_
+
+
95
260
13
I463*
19-
+ 1,093
+ 1,561
36
160
559
+
+
+
revised*
•
'
-
E.U.l(a>;/
STATEMENT •• OF CONDITION
OF THE TWELVE FEDERAL RESECTS .BANKS COMBINED
(In thousands of dollars)
Increase or decrease
since
July 3,
19U6
July y>
June do$
1.9U6-
19U5
A S S E T S .
Gold certificates
Redemption funci% for F. R. notes
Total gold certificate reserves
17.3U.208
.770,306
-
18,111,5m
263,090
238,553 •
1,182
: 22,710
'+
+
• 31*7
9,327.
8,!|80
-
3,007
+
6o,ooU
+
56,997
Other cash
Discounts and advances
Industrial loans
Acceptances purchased
U, S , Govt * s e c ur i ti es:
Bills
Certificates.
Notes
Bonds
T o t a l U. S. Government
securities
114,073,893
7,577,982
595,600
755,290
-325,555
+1,095,612
-1,152,600
—
+1,,178,156
+
l . .525,971
- 1 , ,089,350
- 357.352
25,002,765
32.3U1
+1..257.U25
T o t a l l o a n s and
25,265,cio
- 370,701
+1 ,1*77,535
85
113,52a
2,22ii,68l|
32,921
U7.Q75
1
6,271
59,272
1*5
5,251
securities
Due from f o r e i g n b a n k s
F . R. n o t e s of o t h e r b a n k s
Uncollected items
Bank p r e m i s e s
Other a s s e t s
TOTAL ASSETS
- 16,556
+ 7.110
+
+
•
7
u,537
+
+
61,579
•199M9
2,021
+
22,710
-
.
+
+
•
'
27
30,038
296,59U
1,131;
9,1*21*
kh,057,901
- 3l*9,0.53
+1 ,912,006
214,521,625
+ 231,139
+1.,220,252
15^315,168
507,055.
505,286'
li66,055
17,293.QUo
1*62, U81**
13,330
+ 3U.736
- 535,822* .
+
-
+
L I A B I L I T I E S
Federal Reserve notes
Deposits:
Member b a n k - r e s e r v e a c c o u n t
U . S . T r e a s u r e r - g;eneral a c c o u n t
Foreign
Other"
Total deposits
Deferred availability items
Other liabilities including accrued
dividends
TOTAL LIABILITIES
C A P I T.A L A C ' C O U N T S
Capital paid in
S u r p l u s ( S e c t i o n 7)
Surplus (Section ljb)
Other c a p i t a l accounts
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
R a t i o of g o l d c e r t i f i c a t e r e s e r v e s
t o d e p o s i t a n d ^ \ R. n o t e
l i a b i l i t i e s combined
Commitments t o m a k e - I n d u s t r i a l l o a n s
1,795,751*'
+ 1 . ,093,185
39.575*
+
160.U35
701,U13
25,883
257,220
528,15k
+
9,571
1*3*2+2 0,590
6,598
- 350,656.
1,659
+T,307,885
133,213
358,555
27,1*23
68,510
UU,057.901
+
558
+
+
+
+
1>21*5
— 31*9.053
15,165
•150,202
263
39,509
+1, ,912,006
+
.3%*
77
me 26 f i g u r e s r e v i s e d .
5,1*07
+
1.5$
235
ii.i^.
i{0)
STATE^SSKT
OF CONDITION OP THE FEDERAL RESERVE BANKS 0>J JUL? 3 , I9U6 •
( I n t h o u s a n d s of d o l l a r s )
A S S E T S
Total
Gold c e r t i f i c a t e s
notes
;
770,306
•..-
rv6S
—
.other cash ; ;:;;_
d i s c o u n t s -and a d v a n c e s
industrial, leans
acceptances purchased
L. o . Oovt.. s ^ c u r i b i ^ s
:
Bills
Certificates
Notes
oonds
Total U e S. Government
securities"
Total
'
I8,lll,5ln
263,090
Due frori f o r e i g n b a n k s
1^22P
1>182
?;d
Atlanta
Chicago S t . L o u i s
0ii7,O39 909,351 33U2,396
Minn. K a n s . C y . "
53^1
328,627
59,9?6
76,250
6o,nio
A3,236
D a l l a s 3an F r a n .
575,666 1,51,1.79 2^20,923
,
^
121,31,5
j+2,U5
20,25.9
5^,790
25,723
907,3A9 952,637 5ii63,7Al
16,626
21,050
30,898
576,856
9,5l;2
3AS,916
61O,A56
A77,202
kM
lu,265
21*, 0 0 ?
„
1,000
„
17,310
_ :
109,735
5,370,323
70,766
895,5931173,289
17,112
19,568
^,616
_
22,710
17,230
^10Q
26,61*5
„
1S,?A0
„
5 , 56o
„
2,0,350
„
2530,661
9,093
32.6LR
3,3l|0
13^10
•:
23,002,765 1 A 7 3 , 2 9 5
' - :
23,^65,010 12*86,199
83
5,6l3,AOO 1600,982 2129,21!; ln66,333 I226,6c6 3262,966 l v 73,6cA
'
5
>'.:<. notes of other banks 113,52^
3,7^6
2,221*. 681* 187,011
32,921
1,325
2
^ • ~', \ 1 e r a s s e x> s
1*7, 075
.953
AaSiSTS
117,9^9
—
•Jncellectod itcma
i-ank p r e s s e s
TOTAL
835,597 1097,039
Rich.
\
235,353
22,710
' Clove.
'
803,991
17,177
l o a n s and
secariti.s
Phila.
=
57,755
T o t a l gold c e r t i f i c a t e
r
Now York
17,31*1,208 7A6,23<3 5,252,1*11
jvedempticn fund f o r
*• *•
Boston
*
•
/
632,682 1077,239
" '
906,755 2533,979
^
5,690,726 1619,312 2155,859 1185,323-1232,166 3303,3li6 1102,661, 636,682 109IJ5A9 : 9lo,5?5 252=7,589
1/ 2 7
7
- 8
15,261*
14,351
A,626
528,11*2 129,935 200,550
8,561*
3,21*2
3,953
'10,887/^,160
,5,152*
k...
3
11
3
22,128
7,67u
175,62? 133,550
. 2„728.
-l,5u7
2,95!;
2,552
13,277
309,176
-3,035
:6,805
5,357
91,555
2,03u
2,918
-
2
3 '
3
7
A,778
7,l3u
A,022
21,167
U9,792 115,517
Si*,689 219,135
i',2?o " ;2,556" *
8121,625
1,196
2,o62
1,975
h,5ki
1*1*,057,901 2502,1*07,11,69;*, 699 2p12,&& 3562,967 2613,-21*1 -2351,179 7150,337-1790,929-101*6,961 101*6,51*2.11*88,391 5357,576
l/
After deducting S5o,000 p a r t i c i p a t i o n s
of o t h e r F e d e r a l Rucorvc Brinks,
fi.li.l(c)
L I A B I L I T I E S
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS 01 JULY J , 19^6
( I n thousands of d o l l a r s )
Phi la.
Cleve.
Rich. A t l a n t a Chicago S t . L o u i s
New York
Total
Boston
§,515,418
1642,508
2072,844
1668,93)4
1432,295 4456,441 1059,143
2U.321.625 1492,068
F e d e r a l Reserve n o t e s
jje p o s i t s ;
Memt*er b a n k - r e s e r v e a c o t . 15,815,468
U.S.. T r e a s u r e r - g e n e r a l a c c t . 507,053
Foreign
505,286
Other
466,033
Total deposits
17,293,840
Deferred a v a i l a b i l i t y items 1,795,754
Other l i a b i l i t i e s i n c l u d i n g
accrued dividends
9,-371
•IGTAL LIABILITIES
C a p i t a l paid i n
Surplus ( S e c t i o n 7)
Surplus ( S e c t i o n 13b)
Other c a p i t a l accounts
TOTAL LIABILITIES AND
CAPITAL ACCOUNTS
Commitments t o make
i n d u s t r i a l loans
F. R. n o t e s o u t s t a n d i n g
C o l l a t e r a l for F . R . n o t e s
h e l d by F.R. A g e n t s :
Gold c e r t i f i c a t e s
Eligible paper ..
U.S,Govt, securities
800,283
168,283
4,960,799
112,854
1/210,747
305,865
5,590,265
334,674
797,779 H 7 5 i 6 3 7 ' 7 H , 2 7 l
25,658
40,768
31,694
36,612
41,023
20,732
5,300
4,694
11,519
865,3ii9 1268,947 768,391
1.12,177 161,009 143,978
732,638 2206,932 577,868 393,601
29,618
71,029 . 28,590
24,266
16,762
59,108
14,998
11,028
9,472
1,330
4,159
1,765
780,348 2341,228 630,928 430,680
775,808
29,612
14,557
2,119
822,096
111,723
105,424
246,055
77,479
39,063
D a l l a s SanFran.
600,096 2925,972
753,536 1990,882
24,790
59,178
14,115
37,086
2,24o 113,498
794,631 2200,644
71,157
174,732
4oi
376
291
460
1,730
-2,636
'487
887
336
845
329
599 .
4 3 , 4 2 0 , 5 9 0 2U6l,233 11,492,993 2620,521 3503,687 2581,763 2324,767 7045,454 1767,879 1030,241-1823,634 1466,225 5302,195
16,981
6,674
6,034
183,218
21,98«7
3,977
18,283
64,432
5,»97
7,673
6,933
10,834
13,513
8,869
10,670
23,924
11,891
116,860
14,450
53,029
12,939
33,745
23,946
15,593
358,355
22,439
2,14.2
3,012
762
1,307
1,137
1,429
1,073
527
7,205
1,007
4,501
27,428 .
3,326
2,821
7,356
3,687
3,515
3,846
4,267
8,433
13,209
68,310. '• 4 , 369
6,245
5,171
4,886
44,057,901-2502,407 11,694,699 2672,652 3562,967 2613,241 2351,179 7130,337 1790,929 1046,981 1846,542 1438,391 5357,576
924
.5,407
521
161
16
170
3,600
15
24,952,332 1527,733
5,640,630 1685,765 2129,065 1714,774 1464,837 4536,957 1091,612
569,952-
916,507
628,121 3046,329
10,929,000 430,000
77 ,.568
4,542
14,677,257 1100,000
3,420,000 500,000 635,000 550,000
14,656
7,270
—
3.?,y\j\j
13,300
2,300,000 1200,000 1550,000 1175,000
175,000 280,000
13,350
1,000
400,000 700,000
169,000 1700,OOC
Total
Discounts and advances
Industrial loans
Acceptances purchased
U.S.Govt, securities
738,717
28,996
28,518
4,052
Minn. Kans.Cy.
560,168 895,73*
238,353
1,182.
22,710
23,002,765
625,000 2145,000
—
—
850,000 2400,000
300,000
L^y>y
9 ,Q20
902,257
3,. by-
500,000 1600,00c
MATURITY DISTRIBUTION OF LOANS AND SECURITIES
6 months
1 to 2
*2 t o 5
9 I days t o
61 t o
Within
16 t o
31 t o
&
s
years
y
e
a
r
s
t
o
1
year
90
days
6
months
15 days
60 days
*• 50 d y
3,700
120,343
.18,565
95,745
45
77 •\ '
8
19
7
13 ' 1,005
8
8,892
3,661
4,906
.: 5,251
46,4oo 443,250
1,152,150 3,439,142
6,o48,46i
5,174,257
2,988,686
3,127,959
1 / A f t e r d e d u c t i n g $294,218,000 p a r t i c i p a t i o n s of o t h e r Federal Reserve Banks,
Over
5 years
582,440
@FedFRASER