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Form F . R . 283 'STATEMENT FOR THE, PRESS Released for publication Friday m o r n i n g , June 12 s not earlier* Board of Governors of the Federal Reserve System June 11, 19^2 CONDITION OF THE FEDERAL RESERVE BANKS During the w e e k ended June 10 member bank reserve balances decreased $21;,000,000 f Reductions in member b a n k reserves arose from increases of $35,000,000 in m o n e y in circulation and $25,000,000 in Treasury cash, and a decrease of $15,000,000 in Reserve Bank credit, offset in part b y increases 'of $2,000,000 in gold stock and $1^,000,000 in Treasury currency, and decreases of $18,000,000 in T r e a s u r y d e p o s i t s with Federal Reserve Banks and $25,000,000 in nonmember deposits and other Federal Reserve accounts• Excess reserves of member banks on June 10 were estimated to be approximately $2,780,000,000, unchanged for the w e e k . The principal change in holdings of bills and securities was an increase of $36,000,000 in United-States Government securities, bonds decreased $7,000,000, notes increased $17,000,000 ana bills increased $26,000,000% Changes in member b a n k reserve balances and related items during the week and the year ended June 10, 191*2* were as followsj Increase or decrease since June 10, June.3, June 11, 19U2 I9k2 19U1 (In millions of dollars) Bills discounted 6 U . S . Government direct obligations 2,563 U . S . Government guaranteed obligations 5 Industrial advances (not including llj. million commitments - June 10) 11 Other Reserve Bank credit ,121^ + + h 381+ - 50 + 4 - 2 70 2,708 •22,717 3,310 - 15 + 2 + U59 • + 172 Member b a n k reserve balances 12',629 M o n e y in circulation 12,176 Treasury cash 2,213 Treasury deposits with F . R« Banks 92 Nonmember deposits and other F . R . accounts 1,626 - 2l± + 35 + 25 -18 - 25 T o t a l Reserve Bank credit Gold.' stock Treasury currency + 38 - 2 h + 12k - 683 +2,783 27 - 8k9 - I4.68 F o r m F . R . 283-c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JUNE 10, 191(2 (In thousands of dollars) L I A B I L I T I E S Total F , R . notes in- actual circulation 9 , 1 9 ^ , 716. Deposits} Member bank-reserve acct.12,620,910 U.S.Treasurer-general a c c t . 91,658 Foreign 978,308 Other 35U.751 Total deposits 111,0 5 3 , 6 2 7 Deferred availability items Other liabilities including accrued dividends TOTAL LIABILITIES C A P I T A. L A C C C a p i t a l paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES M D CaPITAL ACCOUNTS Commitments to make industrial advances F . R . notes outstanding Collateral for F.R.notes held b y F.R.Agentsi Gold certificates Eligible paper Boston New York Phila. Cleve. 700,615 2,307,300 655,1*58 8 78,222 1*96,962 352,561* 1,901*,895 360,203 228,696 299,932 156,827 353,01*2 597,129 5,352,070 697,1*87 983,988 1*90,821 3 5 6 , 7 7 1 1 , 7 6 7 , 2 7 3 3 9 7 , 6 6 8 1 9 8 , 9 6 6 39l*,l*98 318,1*55 1,073,781* 5,316 11,293 5,091* 21,633 512,378 71*, 168 229,160 6,951* 8,253' 6 3 2 , 3 3 1 6,101*, 9 0 1 9,725 71,078 1*5,31*5 733,703 1,110,136 R i c h . Atlanta 1,251 33,991+ 6,958 I*,320 27,01*0 2 , M 21,080 9^,255 2,590 3,821 23,178 10,565 M i n n . K a n s . C y . Dallas 6,900 16,997 8,321 6,676 22,1*05 3,137 San F r a n . 5,339 22,1*05 2,1*32 10,81*3 58,777 23,692 533,021* 390,1*75 1,885,198 1*35,232 231,181* 1*26,716 318,631 1,172,096 905,326 80,352 188,618 61,687 109,833 76,11*6 39,829 136,11*0 1*9,732 20,31*9 39,252 37,937 65,1*51 8,671 680 1,717 3,033 619 1*52 281* 702 19l* 161 201 239 389 21*,i62,3i*o 1,1*13,978 3 , 6 0 2 , 5 3 6 l , 5 0 3 , 8 8 1 2 , 0 9 8 , 3 1 0 1,106,581* 7 8 3 , 1 5 2 3 , 9 2 6 , 9 3 5 81*5,361 1*80,390 766,101 51*3,631* 2,090,978 II H T S. 11*1*, 673 157,502 26,731 1*8,1*16 9.1*27 10,91*9 2,871* 2,560 53,1*36 56,651 7,070 11*,800 11,791 15,171 li. 393 3,201 13,1*22 11*, 31+6 1,007 5,316 5,236 3,21*1* l*,7l*7 2,017 li, 9 6 2 5,725 713 2,1*11 15,386 22,925 1,1*29 8,1*65 1*,1*32 1*,966 530 1,91+6 3,058 3,152 1,000 2,600 1*, 661* 3,613 1,137 2,113 1*,1*20 3,976 1,263 1,91*3 11,928 lo,-792 2,121 2,991 21*,539,717 1,1*39,788 8 , 7 3 3 , 1 1 5 1,538,1*37 2,133,710 1,122,397 796,963 3,975,61*0 857,235 1*90,200 777,623 555,21*1* 2,113,310 1*59 81*0 787 9,623,593 7 2 7 , 2 5 5 2,1*25,981 6.80,281 9'10,756 532,1*09 3 7 5 , 3 3 2 1,91*6,9^5 3 8 1 , 1 5 6 2 3 5 , 1 5 3 >12, 787 921*.'953 9,731,000 71*0,000 2,1*35,000 600 3,1*65 690,-000 915,000 550,000 380,000 1,960,000 390,000 236,000 320,000 176,000 380 1*1 939,000 13,677 5,131 956 61*5 2,162 673 M A T U R I T Y DISTRIBUTION OF BILLS M P Total 5,916 10,537 Bills discounted Industrial advances 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 2,567,51*1* Chicago St.Louis within .15 days k>99h 5,127 37,826 . 16 to 30 days 198 7l|l 31 to 60 days 157 71*0 ioo,575 61 to 90 days 2 626 69,778 109,81*6 2,288 -- 326 685 -17o, SECURITIES 91 days to 6 months 563 115 2,071* 6 months to l year 2 701* 70,100 1 to 2 years 2 to 5 years 1,1*21* 1,060 313,175 390,000 Over 5 years 1,1*76,21*1* 3,112 Fornr F# R . 283-a Released for publication Friday morning, July 12, 19k2; not earlier. STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE! B.^NKS COKBINSD (In thousands of dollars) Increase or decrease since June 10, 19^2 > S S ' E T 3 Gold certificates on hand and due from U . S , TreasuryRedemption fund - F. R. notes Other cash Total reserves 20,517,629 lb,kk2 27]4,925 20,806,996 + - + Bills discounted? Secured b y U . 3, Gov*t obligations, direct and- guaranteed Other bills discounted 4,979 937 •f Total bills discounted •5,916 + Industrial advances U . S. Government securities, direct and guaranteed$ Bonds Notes Certificates Bills Total U f . S * Government securities, direct and ^u^ranteed 10,537 - 2;567,54b Total bills and securities 2,583,^97 Due from foreign banks F. R . notes of other banks Unc ollected it emsBank premises Other assets 47 TOT^L ASSETS L I A B I L I T I E S F . R # notes in actual ciiculation Deposits• Lumber bank - 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 ^ C C O J N T S Capital paid in Surplus (Section 7) Surplus (Section ljb) Other capital accounts TOT.IL LIABILITIES AND CUPITAL ACCOUNTS Ratio of total reserves to deposit and F. R . note liabilities combined Commitments t.o make industrial advances June 11, • 191+1 June J, 1942 1,602,9^ 712,775 32,092 219,733 26, b30 1,028,985 1,499 597 6,832 - V/31i + 203,898 3,497 14,085 193,310 193 153 * 3,621 318 4o + 3,939 398 * 1,763 - + 25,344 239, ll+It 107,525 4* 32,092 * 219,733 + 35,456 383,444 6,988 17,100 - — 35,098 216 -133,7614 * - - 52,745 3,258 - 9,19U,716 12,628,910 91,658 .978,308 : 35U,75i lii,053,627 905,326 3,671 2i|, 162, 5^0 lUii,678 157,502 26,781 i|8, J4.I0 24,539,717 389,-146 - + - 395 139,918 482 1,054 87,453 721,^07 60,479 +2,652,5Ul - 24, 183 18,210 35,753 60,805 - 67,41*5 - 83,801 + 70,121 3,095 87,672 + 1,538 - + - 3 — - - - 211 + •f + 87,458 4,347 437 4 594 721,407 - 34 633,279 849,315 248,218 227,355 I,008,16? 716,033 - + .1% .13,677 + — . bO,517 214,539,717 - l.?/o 2,048 Form. F . R . 233-b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JUNE 10, 1942 (In thousands of dollars) A S S E T S Total ; Bost on New York Phila. Cleve. R i c h . Atlanta Chicago St .Louis M i n n . K a n s . C y . Dallas San F r a n . Gold certificates on h a n d and due 20,517,629 1,115,002 7,701,651 1,236,620 1,721,538 from U." S . Treasury29I* Redemption fund - F.R.notes 14,442 1,12*0 1,22*8 2,951 Other cash 22,1*99 15,626 271*, 9 2 5 22,1*65 69,998 866,801* 609,097 5,1*36,566 666,152 577,579 608,536 398,959 1,779,655 1,286 366 191 1,661, 798 855 197 5,477 1*5,812 15,22*7 5,703 . 11,1*50 11,989 11,725 17,816 26,599 Total reserves 880,188 627,766 3,1*83,1*61* 679,596 385,273 620,202 2*11,726 1,809,771 20,806,996 1,11*0,1*52 7,772,897 1,252,52*0 l,7l*5»ll4l Bills discounted: Secured b y U . S . Gov*t obligations, direct and guaranteed 4,979 Other bills discounted 957 Total bills discounted 600 — 5,21*5 2*52 62*5 4& 22 18 10 76 380 15 95 22 18 .86 21*7 622 1,002 95,209 1*2,556 1,906 15,051 68,2*90 50,2*56 1,571 9,589 20 75 — — 11 15 1*0 14 162 50 58 595 11 55 176 88 516 3 601* 59 210 96 197,369 87,762 5,951 27,056 75,052 55,566 1,502 10,285 47,700 21,210 955 6,539 67,223 29,894 1,546 9,216 61,622 27,400 1,254 8,447 157, £90 61,225 2,757 13,375 220,547 . — 5,916 600 5,677 Industrial advances 10,537 U . S . Government securities, direct and guaranteed: Bonds 1,602,91*1* Motes 712,775 Certificates 52,092 Bills . 219,735 975 1,052* 119,352 55,075 2,389 16,361 1*2*2,821 196,907 8,866 60,702 127,373 56,61*0 2,550 17,14.60 163,058 72,506 5,265 22,352 Total U . S . Gov't securities, direct and guaranteed 2,567,5W* 191,175 709,296 201*, 023 261,181 152,502 109,706 316,138 120,185 76,1*01* 107,681* 93,705 Total bills and securities 192,750 7H,027 210,058 261,523 155,11*6 1 1 0 , 7 2 6 •316,52*2.120,588 77,019 107,798 99,039 42,170 111*, 882 4,592 5,598 2 2,52*0 80,938 5,082 5,201 6 ' 5,580 163,259 2,956 5,855 1,039 25,952 1,326 1,52*1 l 1,925 42,774 2,345 2,087 l •902 40,564 1,105 1,857 2,585,997 Due from foreign banks 1*7 F . R . notes of other banks 26,1*50 Uncollected items 1,028,985 Bank premises 4 o , 517 Other assets 52,72*5 TOT.iL JISSETS 13 5 659 5,255 99,776 218,872* 10,2*15 2,751+ 5,2*12* • 15,61*9 5,52*2 5 1,61*9 62,881 2*, 815 6,2*91 2 5,507 50,960 1,961 2,02*1 1 2,2*25 50,359 2,135 2,181 * 2 I- 220,731 4 2,951 77,736 2,735 4,832 21*,539,717 1,459,783 6,753,115 1,553,457 2,153,710 1,122,897 796,963 3,975,61*0 857,285 1*90,200 777,£23 5 5 5 V 4 4 2,118,810 ••Less than $ 5 0 0 .
@FedFRASER