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Form F* .R.. 283 STATEMENT FOR THE PRESS Released fo r p u b lic a tio n Friday morning, June 15} not e a r lie r . Board o f Governors o f the Federal Reserve System June lit# 1945 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended June 13 member bank reserve balances increased $319»000,000. Additions to member bank reserves arose from an increase of $140,000,000 in Reserve Bank credit and decreases of '$182,000,000 in Treasury deposits with Federal Reserve Banks and $22,000,000 in Treasury cash o ffse t in part by increases of $20,000,000 in money in circulation and $5,000,000 in nonmember deposits and other Federal Reserve accounts. Excess reserves of member banks on June 13 were estimated to be' approximately $1,380,000,000-, Holdings o f loans, discounts and advances decreased $60,000,000 tfhile hold ings of United- States Government securities increased $207,000,000. The increase in holdings of United States Government secu rities re fle o ts increases of $182,000,000 in .c e r t ific a t e s , $16,000,000 in b i l l s and $9,000,000 in notes. Before the amendment of June 12 to the Federal Reserve Act, the reserves o f the Federal Reserve Banks against th e ir deposit l i a b i l i t i e s could consist of lawful money as w e ll as gold c e rtific a te s . Since that amendment th e ir reserves must consist of g o ld 'c e rtific a te s only. Appropriate changes have been made in the state ment of condition to conform to this amendment. Changes in member bank reserve balances and related items during the week and the year ended June 15, 1945» were as follow sj Increase or docrease since June 13, 1945 JunQ 6, 1945 June 14, 1944 (I n m illions of d o lla rs) U, S, Government.securities Loans, discounts and advances 0th-r Reserve Bank credit 21,103 T o ta l Reserve Bank credit Gold stock Treasury currency 22,347 20,268 4,146 Member bank reserve balances Money ir. circulation Treasury cash Treasury deposits w ith F. ' R. Banks Nonmomber deposits and other F, R, accounts. 856 388 1 5 ,7 7 1 26,533 2,292 170 1 ,9 9 4 + ;2 o 7 - ! 60 6 + 140 - _ + •f 6,102 + 672 32 1 + ■319 + 20 22 - 182 5 6,741 + 943 42 + 2,056 + 4,200 4o + 16 - , 393 STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS* ON JUNE 13, 19^5 (In thousands o f d o lla r s ) ■ T o ta l Boston New York Cleve* Rich. F ed era l'R eserve notes 22,065,212 ll+!+3,59k Deposits : Member bank-reserve a c c t *15»771»176 750 , 1+59 U.S •T reasu rer-gen eral a c c t, 169,626 9,955 83,188 F oreign 1,230,572 5,858 Other 319,572 5,01+3,181+ 1511,57k 1998,500 1529 , 5ko 82k ,155 1201,012 5,868 20,686 lOl+,263 103,079 675,395 l k , 228 1+9,762 T o ta l deposits 17,1+90,9^6 81+9,UiO D eferred a v a i l a b i l i t y item s1 ,667,653' 136,875 Other l i a b i l i t i e s in clu d in g accrued dividends .91+5 12,1+17 5,895,1+07 333,1+50 L I A - B Î L I T I E S 5,212,535 28,001 l/i+70,713 181+,158 P h ila . 10,913 6,328 9ko,3l3 1335,690 85,lk2 181,076 7k5,713 132,837 6,027 866 1,19k TOTAL LIABILITIES 1+2 ,036 ,'220 21+30 , 851+ 11,275,583 2537,695 C ap ital paid in 10,256 60,106 168,508 12,731 Surplus (S e c tio n 7) 8 k , 903 19,872 15,239 228,153 Surplus (S e c tio n 13-) k,k63 2,380 27,165 7,ik 5 Other c a p ita l accounts ; 7,371 .....-103,251 . •6,15k 21,973 TOTAL LIABILITIES AND ' CAPITAL ACCOUNTS 1+2 , 563,305 2465,383 1 1 ,10+9,708 2582,337 Commitments to make 2 ,k96 k ,k l8. in d u s tr ia l loans _ 225 F. R. notea outstanding 23,530,273 1^79,552 5 , 212 ,liko I 5k 8,370 C o lla te r a l f o r F* R* notes h eld by F. R. a gen ts: Gold c e r t i f i c a t e s 10 * 638*000 575,000 2 , 695,000 683,000 18,280 " 63k , 109 • 31,625 E l ig ib le paper ■762 ,1+01+ U.S .G ovt. s e c u r itie s ' • 1 2 , 686 , 01+0 900,000 2 , 100,000 850,000 3516 ,1+60 16,912 Discounts and advances In d u s tria l loans U* S. Government s e c u r itie s T otal • 8 51 ,921+ l+,200 2 1 , 102,760 3,51+2 lo to 30 days 18,0*20 1/8.th 15 days 815^.70 3,061 2 , 783 , 1+36 , 2 , 079,330 A tla n ta Chicago St.Louis 1350,772 1+188,877 ; 96k ,029 575 , 56 129 13 ,20 8 696 ,9k5 2288,330 566,025 339 ,lk 6 72k , 120 689,653 l 803 ,koi 8,861; 7,280 32,922 13,72k 3,865 10 ,k53 13,750 90,190 15 k ,026 kl ,k68 35,51+k 35,51+k 35 ,5l+k 27,251 69 ,1+26 l l , k 62 2,299 3,750 1À 5 9 3,569 lk,3k3 7k5,8k7 2k86,7kO 623,192 379,011 771,576 7 k l ,276 1976,7kl 115,098 2l+k,89ó 75,865 36,035 63 >5k 8 169,333 93 M 3 l,7 7 k kok 6922,287 20,23k 6,093 33,201 7,936 762 1 ,1+29 15,032 5,767 1663 ,k90 6k3 533 21+08,733 6,777 19,071 7,813 3,290 1,007 11,668 6 , 62k 2212,250 5,k58 7,0k8 527 5,235 3565,118 2k 3 3 »237 2232,808 6992,233 1681,758 600,000 10,625 1250,000 1000,000 812,000 — 509 l,2k5 915,550 1711,7P5 1380,89k 5060,527 15,069 5 ,l(k8 5,691 3,683 6,196 15,899 6,025 k ,950 2,11+2 1,307 1,137 1,073 5,063 9 ,69k k , 2k0 k,k3° 929,k96 1729 ,5k9 1398,31x7 5103,331 200 50 ---- k26l,lk5 1009,820 511,190 868,819 599,015 3027,0kl 610,000 2000,000 koo ,000 190,000 18,900 21,625 626 ,ol+0 325,000 320,000 11,290 550,000 229,000 15 2k ,000 ---- — 800,000 2300,000 MATURITY DISTRIBUTION OF LO.JiS ,JJD SECURITIES 61 to 31 to 9 1 . days to 6 months 90 days 6 months to 1 year oO days ---7,565 12,809 h2 827 11 30 k,591,6ké > k 60 302 376 — 16 koo 2052,761 156 k , 956 1395 , 16 k i+,835,685 D allas SanFran* Minn* Kans.Cy. 500,152 8k 6,221 l , 0k 8 , 35 û 3 , 602 , 021 . 1 to 2 years — 2 to 5 years --■- ---- 655 15,750 385,000 1600,000 Over > years ——— 108 - 121 ---- 907 ,300 ‘ 507»652 747,340 l / A f t e r deducting $ 755*910,000 p a r tic ip a tio n s o f other Federal Reserve Banks# Form F. R. 283a Released fo r p u b lica tio n Friday morning, June 15,191+5» not e a r lie r . STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED ( I n thousands o f d o lla r s ) Increase or decrease since .June 13 , • 191+5' June June 6, ' 11+ , ' 191+5 191+1+ + 8 ,7 1+ 5 ♦ 1,2 1+ 2 ,16 5 - 9 ,3 2 1 + 3 0 '6 ,5 7 6 576 + 935» 599 A S S E T S Gold c e r t if ic a t e s Redemption fund fo r F, R. notes T o ta l gold c e r t i f i c a t e reserves Other cash Discounts and advances In d u s tria l loans U. S, Govt, s e c u r itie s » B ills C e r t ific a t e s Notes Bonds 17 ,1+ 2 1,2 10 ■6 8 8 ,16 0 1 8 ,1 0 9 ,3 7 0 2 1+ 8 ,7 7 0 + 8 5 1 ,9 2 1 + ’ - l+ » 2 0 0 + 1 , l+l+o 60,200 '9 6 , 2P , 133 6 7 9 ,2 7 2 7 ,3 1 3 12,753,1+07 5,569,761 1,666,950 • 1,112,61+2 + 15,973 +181,500. + 9,000 +3,676,095 +2,281+,771 + 1+76,915 -■ 336,351+ T o ta l U. S. Government s e c u r itie s ' ' 21,102,760 +206, 1+73 +6,101,1+27 T o ta l-lo a n s and ......... .................... ........s.e c u ritie s 21,958., 881+J +11+6,369 ’ +6,773,386 Due from fo r e ig n banks F, R. notes o f other banks U ncollected items Bank premises Other assets TOTAL ASSETS 2,536 26 20,518 21,601 '61+9 9,1+1+3 1+2,563,305" +1+58,079 +5,8I+9 , 665 22,865,212 + +¿*, 15,771,176 169,626 1,230,572 319,572 +3^9,063 -182,671 + 1+2,171 - 37,866 ■+2, 056,091 + i6 » o o o - 303,215 - i7l+,3l+5 17 ,1 + 9 0 ,9 1 4 6 +11+0,697 +309» 31+2 • ♦ i,5 9 k ,531 + 53,726 110 9l + , 6o 6 2,055*1+95 3h 'tll+i+ ‘ 61,926 + 5,398 +302,912 + + + L I A B I L I T I E S Federal Reserve notes D eposits« Member bank-reserve account U .S.Treasu rer-general account’ Foreign Other T otal deposits D eferred 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 including accrued dividends TOTAL LIABILITIES C A P I T A i) 1,667,653 .12,1+17 1+2,036,228 127,122 + . 61+5- . - • • 3,*328 ' +1+56,271+ +5,772,-051 A CCOUNT S C a p ita l paid in Surplus (S a c tio n 7) * Surplus (S e c tio n 13b). Other c a p ita l accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 168,508 228,153 27,165 103,251 1+2,563,305 R atio o f gold c e r t ific a t e * reserves "t.o dep osit and F.R, note l i a b i l i t i e s combined 1+1+.99& Commitments to make in d u s tr ia l loans 1+,1+18 5,590 + + 173- 1,632 + + + + '10,630 1+0,056 -200 26,728 +1+58,079 +5,81+9,665 - + ,1% ■ 96 10.1$ 1+37 Form F. R. 283b STATEMENT OF CONDITION OF ÏHE FEDERAL RESERVE BANKS ON JUNE 13, 19!* 5 ( I n thousands o f d o lla r s ) A S S E T S Gold c e r t i f i c a t e s Redemption fund for F. R. notes Total gold c e r t i f i c a t e reserves Total Boston 17 ,1*21,210 978*591* 688,160 •1*6,231 18,109,370 1021*, 82 5 Other cash Discounts and advances Industrial loans U, S. Govt* s e c u r itie s: B ills C e r tific a te s Notes Bonds 12,753,1*07 5 ,5 ^ ,7 6 1 1,666,950 1,112,61*2 Total U# S* Government securities Total loans, and securities Due from foreign banks F#R. notes of other banks Uncollected items Bank premises Other assets TOTAL ASSETS New York Phi”la* Cleve* Rich. 1* ,1*81,518 1037,269 1370,555 920,500 1*3,781* 63,136 52,313 1*, 611*, 051 1081,053 11*33,691 972,813 132,533 Atlanta Chicago St*Louis 921,052 3156,535 1*1,073 HI*, 895 962,125 3271*1*80 700,59.1 361*, 122 669,806 16,286 28,966 731*, 392 380,1*08 698,772 33,801 Dallas !San Fran, 51*2,277 2278,31*1 19,902 95,21*0 562,179 2373,581 1*,635 21,625 - - 12,217 11,290 19 731,816 662,21*3 2257,630 356,556 288,1*75 695,791* 86,336 208,21*2 106,711 57,62? 138,996 71,227- 1*10,251 21*7,126 273, 1*71 150,572 81,81*6 1*5, 06I* 5l*,630 30,079 1*81,871 272,11*1* 81,1*1*9 51*, 365 378,1*08 1628,01*9 21*1,368 561,51*5 72,237 168,062 1*8,216 112,176 21,102,760 121*3,912 5*636,1*53 1321*, 955 181*2,858 1266,-310 109!*, 681 3300,662 820, I 98 1*72,81*1 839,829 71*0,229 21*69,832 21,958,881* 1262,322 6,270,569 1359,881 1879.U03 1277,228 1101,031 331*7,562 839*098 l*9l*, 1*66 901,138 71*0,229 21*85,957 21*8,770 851, 921* ' 1*,200 20,677 18,280 130 65,122 631*. 109 7 668,058 381*, 11*5 111*,970 76,739 3,569,237 1,379*017 1*12,720 275,1*79 110 8 9l*,6o6 1*,191 2,055,1*95 11*7,1*12 3l*,ll*l* 1,587 61,926 l*,36l 1/ 36 21,060 1*55,955 8,803 11*, 112 19,889 31,625 3,301 22,71*9 36,51*5 - - 679,270 1039,1*1*8 1*30,728 535,91*6 128,912 l6 o ,l*o i 8 6 ,0l*-5 107,063 10 6,1*07 106,927 3,397 ¿*,773 10 5,181 211*,272 1*, 051* 5,758 11*, 560 10,825 93 5 8,077 153,921 2,827 3,806 19,061 6,350 - - 1* 7,81*8 137,767 1,593 3,379 29,125 1*6,625 275 Minn. Kans.Cy. 15 10,226 322,259 3,11*1* 8,1*22 9,027 18,900 - . b •6, 91*0 86,793 2,092 3,1*12 3 2,896 1*1*, 192 1,21*2 1,651* 3 l*,63l* 107,055 2,632 3,098 8,983 - - - 3 3,1*1*1* 79,938 866 2,805 22,725 15,750 375 9 13,702 199*101* 1*907 6, 31*6 1*2,563,305 21*65,383 11, 1*1*9,708 2582,337 3565,118 21*33,237'2232,808 6992,233 1681,758 929*^96 1729, 51*9 1398,31*7 5103,331 1/^A ft e r deducting $7l*,000 p a r tic ip a tio n s o f other Federal Reserve Banks.
@FedFRASER