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Focm F. I. 283 STATEMENT FOl THE PRESS Board of Governors of the Federal Reserve System June 1, 1SE Released fo r publication Friday morning, June 2; not e a r lie r CONDIT I ON OF THE FEDERAL RESERVE BivNKS During the week ended May 3 1 , member bank reserve balances increased $46 ,000,000 . Additions to member bank reserves ar^se from an increase o f $231+>000,000 in Reserve Bank cred it and decreases of $82,000,000 in Treasury deposits with Federal Reserve Banks and 014,000,000 in nonmember deposits and other Federal Reserve accounts, if f s e t in part by a decrease of $60,000,000 in gold stock and increases of 8201,000,000 in money in circu la tio n and $25,000,000 in Treasury cash. Excess reserves of member banks on May 31 were estimated to be approximately $700,000,000, There was an incroaso of $262,000,000 in holdings o f United States Government securities-; b i lls increased $183,000,000; c e r t ific a te s $54,000,000 and notos $25,000,000, Changes in member bank reserve balances and related items during the weak and the year tnded May 3 1 , 1944, were as follow s: Increase or decrease since May 31, 1944 May 24, 191j4 June 2, 19U3 (In m illions of dollars) U« S. Govt, s e c u r it ie s (in c l. guar, see,) Loans, discounts, and advances Other iteserve Bank cred it 14,251 248 260 + 262 + 10 - 37 +6,034 + 214 24 Total Reserve Bank cred it Gola stock Treasury currency 14,759 21,264 4,101 + 234 - • 6o + 1 +8,224 -1,163 + 26 Member bank reserve balances Money in circu la tion Treasury cash Treasury deposits with F*R*Banks Nonmember deposits and ocher FtR.&ccounts 13.046 22,112 2,358 307 2,301 + 46 + 201 + 25 - 02 - 14 + 989 ,916 + 86 + 301 794 Form R* STATEMENT OF CONDITION OF THE FEDERAL RESERVE BiJfKS OR. MaY 31, 19kh (In thousands o f d olla rs) 283c Total Boston New York Phila* Cleve* Rich* Atlanta Chicago St.Louis kinn* Kans.C^. .L I A B I L I T I E S Federal Reserve notes 1 8 ,531,796 1224,372 4162,943 1239,157 1633,463 1207,160 1073,333 3437,055 793,561 415,175 . 682,356 Deposits: Member bank-reserve a c c t* 1 3 ,045,575 638,016 4385,508 655,490 1020,625 535,769 556,433 2002,299 400,556 290,900 568,647 U.S.Treasurer-general a c c t . 307,484 24,006 15,536 1 5 , 21-4 104,902 10,506 30,667 17',459 12,479 23,057 8,931 Foreign 1,553,503 107 -,3181/ 598,628 137,753 155,261 165,606 43,422 52,941 46 ,417 59,892 47,914 other 392,739 3,805 299,461. 11,025 5,322 6,913 6 ,4?l 4,150 7,129 6,437 1 ,43^ Total deposits 15,299,306 Deferred a v a ila b ility item si ,253,884 O th e r 'lia b ilitie s including accrued dividends 10, l 4o TJIAL LIABILITIES Capital paid in Surplus (S -ction 7) Sflrplus (Section 13 d) Other capital accounts 764,361 5388,502 91,145 214,373 924 2,952 812,351 1191,369 72,674 139,012 1,204 945 611,079 107,998 593,353 2217,493 70,4o3 201,203 350 550 1,444 650,962 51,695 545 ,249 26,767 555 251 549 4 j i , oö4 35,095,126 2030,822 9768,775 2125,836 2965,289 1926,587 1745,454 5057,200 1527,395 10,215 11,865 6,293 4,630 9,337 ' 5 7 , 8oc 157,271 5,592 16,074 13,206 70,012 16,026 26,490 163,097 5,236 6,550 17,659 5,725 26, .965 7,092 3,290 4,421 550 2,874 1,007 749 1,429 4,080 ■4,876 75,007 11,501 3,265 9,064 16,794 5,334 4,635 63,139 Dallas San Fran« 460,829 2201,387 511,444 1479,855 29,270 17,575 4 5 ,422 116,374 57,614 2,444 574,685 1663,593 52,139 158,271 283 755 785,442 l4 o i,8 o 6 1037 ,986 4024,506 4,928 5,424 5,121 15,259 5,669 4,831 14,159 4,554 1 ,000 2.129 1,157 1,307 3,546 5,946 4,525 5,845 TOTiJj LIABILITIES AHD C.vfliAL ¿lCCOUNTS 35,542,466 2110,869 9920,473 2164,907 3007,460 1946,745 1760,135 5914,855 15*+^ 1-3 797,461 1416,461 1102,598 4058,556 Commitments to make in du strial -------- advances 3,956 927 50 l , 26l 6 1,212 450 48 F. ft. notes outstanding C ollateral fo r F.R.notes held by F.R.agents: Gold c e r t ific a te s E lig ib le paper U.S.Govt, se cu ritie s 1 9 ,079,808 1250,155 4302,155 1265,614 1678,080 1252,400 1119,617 3511,054 825,256 1 2 ,490,000 227,492 6 , 620,482 525,000 196,000 61,200 15,500 455,402 225,000 744,000 2870,000 98,080 15,450 500,000 1400,000 Total Discounts and advances Industrial loans U. S. Govt, se cu r itie s (in cl* guar, s e e .) 256,627 11,791 740,000 1080,000 — 5,907 525,000 600,000 775,000 10,48o 475,000 735,000 2560,000 — 400,000 1000,000 MATURITY DISTRIBUTION OF L0,'J--TS .JÏD SECURITIES 6l to Within 16 to 91 days to 31 to 6- months 15 days 60 dp.ys 90 days 50 days 181,200 10,996 14, 250,689 1,540,733 10,340 17 8,115 30 36,972 27I 93 6 months to 1 year 259 421,920 701,485 •402,039 2289,781 46o ,000 475 250,000 1 to 2 years 2 to 5 years 80 45 1,294,375 2, 866,481 3, 368,919 1 , 060,700 1 , 974,850 17,800 970,245 1 / A f t e r deducting $952,28^000 p a r tic ip a tio n s o f other Federal Reserve Banks, 281,000 1724,000 ---- ---- 210,000 600,000 Over 5 years 1 , 1.56,586 form F. It. 28Ja R elea sed -for p u b lica tio n Friday mornings June 2, I9I4 I4; not e a r lie r , STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands o f d o lla rs) Increase or decrease since May 31» i.ia.y 24» June 2, 19UU; I9bk I9k3 A S SETS Gold ce rtifica te s- on hand.and 18,741,125 355,674 265,076 - -6o, 000 + U,303 - 9,328 -1,471,692 + 304,118 78,012 19,361,875 236,627 .'11,791 - 65,025 -1,245,586 •+• 10,066 103 + 215,449 1,208 +183,020 + 54,000 + 25,000 — +6,025,733 +2,048,290 + 248,564 - 288,481 14, 250,689 +262,020 +8, 0314,106 T o t a l loans and s e c u r i t i e s 14,499,107 +271,983 • +8,248,3147 Due from f o r e i g n banks F. R. n o te s o f o th e r banks U n c o lle c t e d items Bank prem ises Other a s s e t s 136 64*1*16 1,513,898 3U,801 68,233 - 8.57U - 55,893 43 + 2,918 + lit, 389 - 21,791 14,027 ¿4,5714 35 ,5^2>466 +145,366 +6,986,757 18,531,796 +211,609 +14,908,963 13,045,575 307,14-84 1,553.508 • 392,739 15,299,306 + 45,1428 - 81,277 - 21,504 + 8,000 - 1;9,353 + 939,050 + 301,364 + 585,926 + 168,310 +2, 044,650 1 , 253,884 - 18,605 + 442 +144,093 + 96 + due from U. S. T re a s u ry Redemption fund - F, R. n o te s Other cash T o ta l r e s e r v e s D iscoun ts and advances I n d u s t r i a l loans U.S. Govt, s e c u r i t i e s : B ills C e rtific a te s Notes Bonds T o ta l U. S. Govt, s e c u r i t i e s ( i n c l'. g u a r, s e c , ) TOTAL ASSETS 8,465,668 ■3,147,1490 1,183,764 1,448,767 - 1 L I A B I L I T I E S F e d e ra l Reserve n o te s D e p o s its : Member bank - r e s e r v e a cco u n t U .S. T r e a s u r e r - g e n e ra l a cco un t F o reig n * Other T o ta l d e p o s its D e fe rre d 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 i n c lu d in g accrued d iv id e n d s TOTAL LIABILITIES C A P I T A L A C C O U N T S C a p i t a l paid in 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 R a tio o f t o t a l reserves to d e p o s i t and F. R. n o te l i a b i l i t i e s combined Commitments t o make i n d u s t r i a l loans 10,140 . 35,095,126 + 157,271 188,09726,965 75,007 '35,5^2,466 + 57.295 3,956 — — 1,965 2,964 +6,958,5142 + + 9*895 27,686 136 9,502 + .1,177 +145,366 +6,986,757 - - - :1,703 19.5^ 8,920 Form F. R. 283b STATEMENT o f c o n d i t i o n OF THE FEDERAL RESERVE BaNKS on MAY 3 1 , ( I n thousands o f d o l l a r s ) 19141 Boston New York Phila. r Cleve» Rich. Atlanta Chicago St.Louis Gold c e r t ific a t e s on hand and due from U.S.Treasury 18, 741,125 1040,358 4,878,002 1050,789 1,553,776 1057,059 1001,993 3,502,511 Redemption fund-F.R.notes 21,211 26,518 26,654 50,294 555,674 50,214 26,597 75,559 Other cash 265,076 16,6?6 73,59^ 20,168 13,520 17,554 21,745 56,575 Total reserves Discounts and advances In du strial loans U. 8 . Govt, s e c u r itie s : B ills C e rtifica te s Notes Bonds Minn. Kans.Cyi P CQ Total P ASSETS San Fran. 612,173 592,504 28,956 11,551 7,246 12,375 722,866 11,717 10,362 495»880 2,455,254 11,199 35:644 21,356 8,727 655,934 411,10 1 745,445 515.806 2, 490,214 15,500 272 475 27 351,941 288,185 1,444,771 206,951 182, 520 356,045 63,936 126,917 73,155 154,676 95,249 . 84,014 265,907 160,128 146,458 95,982 55,509 56,251 67., 405 4 4 ,iso 276, 090 166,676 19,561,875 1083,552 5, 051,955 1097,611 1 , 605,815 1096,776 io4o,558 5,589,098 98,680 2,650 10,430 2,250 15,1450 256,627 5,907 1,755 82 120 188 365 4 1,589 H ,7 9 l 5,599 81,200 — ----------- 2,500 5.945 8,465,668 5, 147,490 1,188,764 1,448,767 Total U. S. Govt, s e cu ritie s ( i n c l . guar, s e c .) 14, 250,689 1461,758 5,168,958 690,092 240,790 90,944 260,657 517,642 110,855 484,750 255,550 96,510 117,618 904,507 ¿+,457,300 954Ì588 1,224,045 712,276 623,655 2,062,409 555,059 556,541 '582,439 524,170 1,556,091 Total loans and s e cu ritie s 921,146 4,556,109 965,694 1 , 227,040 722,944 625,492 2, 064,663 614,259 552,115 524,170 1,562,556 14,499,107 Due from foreign banks 156 F.R.notes of- other banks 64,416 Uncollocted items ■1,513,998 Bank premises 54,801 Other assets 68,233 tgt ^ l a s s e t s 10 1,278 98,575 1,642 4,886 1 /4 9 10,067 519,761 9,022 15,550 12 2,64o 89,891 5,54o 5,519 571,244 555,171 154,145 165,485 12. 6 6,568 5,535 158,817 112,771 2,901 4,167 8,224 4,779 4 5,912 82,297 1,636 4,236 . 17 7,169 242,676 2,919 8,291 4 4,772 64,299 2,o47 2,965 5 1,580 29,603 1,268 2,013 62,952 76,721 582,941 4 ■5,752 78,150 2,715 5,476 248,111 150,198 5 6 , 727 09,154 4 2,505 55,907 955 5.051 765,885 521,117 121,281 147.808 11 15,008 131,351 1,991 7,245 35, 542,466 2i i o ,809 9,920,473 2164,907 3, 007,460 1946,745 1760,135 5.914.833 1542,343 797,431 I4i6,46i 1102, 39s 4 , 058,356 l / A f t e r d e d u c tin g $37,000 p a r t i c i p a t i o n s o f o ther F e d e ra l R e se rve Banks.
@FedFRASER