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STATEMENT FOR THE PRESS Beleased f o r p u b l i c a t i o n I t i d a y morning, June 19; Not e a r l i e r . st * ^5°5. Federal Hbserve Board, J u n e 18 » CONDITION OF FEDERAL RESERVE BANKS The consolidated statement o f c o n d i t i o n of the Federal reserve banks on June 1? made p u b l i c by the Federal Reserve Board, shows an increase o f $24,600,OOP. i n holdings o f discounted b i l l s and decreases of $53,^00,000 and $28,900,000, res p e c t i v e l y , in holdings o f Government s e c u r i t i e s and of acceptances pwchased in open market, w i t h the r e s u l t that t o t a l earning a s s e t s went down $57,500,000. Fedr e r a l reserve note c i r c u l a t i o n declined $16,600,000 and cash reserves increased $2,500,000. Increased holdings o f discounted b i l l s are reported by J*! S 8 r V ® banks except New York and Boston, which show reductions o f $5,WO,000 and $3,900,000, r e s p e c t i v e l y , and St. Louie, which reports a d e c l i n e of $1,900,00 • $ 000 K%oT^^ ^°°' and Atlanta $4,100,000. $10,000,000 higher than the preceding week. c i r c u l a t i o n of $5*600*000* A summary of changes i n the p r i n c i p a l a s s e t s and l i a b i l i t i e s ^ the reserve banks during the week and the year ending June 17, 1925, f o l l o w s . Increase or decrease during Week Year « & = . - : V S » $ | | : HI Other b i l l s discounted 500,000 - 43,100,000 B i l l s bought In open marlret -28,900,000 + 188,800,000 u. S. GOT.rn.ent securities, total . . . . ]53,%00,000 - ^'500,000 :io:o%;^ : *16,600,000 - +19,000,000 + Federal Reserve n o t e s i n c i r c u l a t i o n ' m Other d e p o s i t s W. - . . . . s i 208,800,000 ; ngg 109»100,000 Released for p u b l i c a t i o n Friday morning, June 19, 1925; not e a r l i e r . St. 4565c RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of d o l l a r s ) June 17 ,: 1925 June 10. 1925 June l g . 192% RESOURCES acid With Federal res@## agents . . . , « 1^00,333 Gold redenptiori fund With U, Si Treasury i>i 0§2 Gold held e x c l u s i v e l y aifeifttt F.R;ftdt6l Gold settlement fund with F. R< SbiM i » fold and gold c e r t i f i c a t e s held Iy banks . Total gold r e s e t s Reserves other than gold . Total reserves Non-reserve cash B i l l s discounted: , Sec. by U. S. Govemmait o b l i g a t i o n s . . Other b i l l s discounted Total b i l l s discounted . 1.516 627 Mil!1 2 U S Q62 42 , M 1,538,395 1,582,488 2,161,211 676,157 664,51$ 637,899 600,706 5 74 150 . 422,'280 2,821,0^7 146,(559 2,821,093 _144,159 3,157,641 114,503 2,967,726 54,613 248,122 193,842 2,965,252 54.963 ' 222,808 194,326 3,272,144 56 64l 3 ' 114 439 236,94l 441,964 417,134 351,380 57 322 ' 21 969 300*216 103*717 B i l l s bought in open market . . . . . . . Uj S. Government s e c u r i t i e s : Bonds . Treasury notes C e r t i f i c a t e s of indebtedness 246,083 274,952 83»366 191,151 31,882 83,900 254,030 21,918 Total U. S. Government s e c u r i t i e s . Foreign loans on gold All other earning a s s e t s . . . . . . . . 306,399 10,500 2,250 359,848 10,500 2,250 425,902 1,007,196 811,856 1,064,684 618,656 335,905 685 234 21,13b 23,949 25,151 4,922,689 4,787,480 4,932,449 1,643,047 1,659,673 2,212,772 5,364 26.466 2,156,090 44,404 25,112 1,851 842 ' 2 103 815 ' 9*642 22^013 2,244,602 2,225,606 2,135,476 687,156 115,543. 217,837 1^504 554 517 115,527 217,537 14,320 RQ7 7UU l l l ^ 220 $15 l^QQQ Total earning a s s e t s Uncollected items . . . . . . Baric premise. 6o,l62 AH other resources TOTAL RESOURCES 59,976 1,301 57,374 L I A B I L I T I E S F. P. notes in actual c i r c u l a t i o n . . . . Deposits: Member bank - reserve account Government . Other deposits . . . Total d e p o s i t s r* Deferred a v a i l a b i l i t y items Capital paid i n surplus AH other l i a b i l i t i e s . . . . . . • • TOTAL LIABILITIES 4,922,689 4,787,480 4,932,44$ Ratio of t o t a l reserves t o deposit and. F. R. note l i a b i l i t i e s combined . . . . 76.3$ 76.3$ 82.1$ Contingent l i a b i l i t y on b i l l s purchased for foreign correspondents 33,^82 34,034 38,909 U. http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis I Released, for p u b l i c a t i o n Friday morning, June 19, 1925; not e a r l i e r . s t . 4565b RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS, JUNE 17, 1925. Federal Reserve Bank of Boston Gold with Federal Reserve Agents 181,190 Gold redemption fund with U.S.Treas. 5,225 Gold held e x c l u s i v e l y against F. R„ notes • 186,415 Gold settlement fund with F.R.Board 40,376 Gold and gold c e r t i f . held by banks 24,452 Tofcal gold reserves Reserves ether than gold Total reserves Non- reserve cash B i l l s discounted.: * Secured by U.S.Govt, o b l i g a t i o n s Other b i l l s discounted Total b i l l s discounted B i l l s bought in open market U. S. Government s e c u r i t i e s : Bonds Treasury n o t e s C e r t i f i c a t e s of indebtedness Total U» s . Gov't, s e c u r i t i e s Foreign loans on geld A l l other earning a s s e t s Total earning a s s e t s Uncollected items Bank premises All other resources TOTAL RESOURCES 251,243 12*753 263,996 5,246 RESOURCES (In thousands of d o l l a r s ) Cleve. Rich. Atlanta Chicago St.Louis 109 13 5 % " ! $ ^ i:§9 i:$ % ^1 New York P h i l a . Minn. Kans.Qy. Miaiiiriliil EII | | San Fran. Total 204,128 1,500,333 1,629 38,062 28,515 205,757 1,538,3 95 12,813 25,136 678,157 8,762 26,498 604,515 953,918 220,135 288,072 35,870 7 , 771 9,617 70,545 132,953 371,242 51.807 5,226 16,034 18,186 20^,49 76,859 1,318 93,762 4,387 989,788 227,906 297,689 75,771 148,987 389,428 72,256 78,177 98,149 4,121 906 2,156 li'M 4,167 Sal? 1,004 5,478 20,675 18,613 248,122 193,842 17,658 1,869 3,721 3,103 3,968 jl_j6'384 19:260 6,646 50,090 260,441 2,821,067 9,426 5,622 146,659 59,516 266,063 2,967,726 2,381 2,838 54,613 27,625 118,257 39.»l4l 4911709 52,485 23,894 56,586 16,023 5,046 7,428 6,482 39,288 441,964 3^,685 30,858 18,849 22,072 9,903 18,654 29,84i ii,i44 19,718 16,178 13,063 21,118 246,083 756 3,123 8,542 40,452 9,276 637 17,151 60 9,521 9,916 6.109 1,780 3,394 102 3,l4l 9,503 1,232 20,608 16,038 2,004 4,766 22,828 819 83,366 191,151 58,270 17,848 25,546 5,276 13,876 38,650 28,413 10,259 16,330 2,931 29,520 4,848 9,943 17,152 31,132 654 5,366 4,463 8,737 6,499 206 15,442 27,749 41,346 111 ~ 2,835 ~ 976 2,250 1,124 — 557 — 430 — 1,449 483 346 420 306,399 368 735 10,500 2,250 67,550 210,220 79,064 98,451 68,221 56,854 126,526 56,063 40,552 53,546 7 65,847 2,446 667 35,395 106,085 2,780 8,099 2,677 1,361 38,562 4,545 15,655 3,049 2,855 41,793 4,339 470 ,190 67 16,890 5,878 7 , '^ 1,139 153 75.770 7,573 288 — 320 420,830 1,445,196 387,785 483,492 216,055 250,661 638,145 175,867 l4i,i94 200,453 31,882 47,662 102,487 1,007,196 27,468 43,084 811,856 1,833 60,162 3,279 1,627 4,773 21,136 140,487 422,524 4,922,689 Bhlsasod f o r puMi'cstiion -frrtftsqr-morning*- June-19* "19255; n e t e a r l i e r . St. 4565c. PESOURCES AM) LIABILITIES OF THE FEDERAL RESERVE BANKS AT CLOSE OF BUSINESS, JUNB^7, 1925. L I A B I L I T I E S ( i n thousands of dollars) Federal Reserve Bank of Boston New York Phi l a . CI eve. Rich. Atlanta Chicago St. Louis Minn. Kans.Cy. Dallas San Fran. Total F. R. notes in actual c i r c u l a t i o n 189,493 327,221 155,323 201,069 70,461 135,970 156,876 45,093 62,287 62,850 39,259 197,145 1,643,047 Deposits: Member bank - reserve account 150,627 851,090 131,465 176,532 64,496 69,296 341,134 76,763 52,661 85,426 58,201 155,081 2,212,772 Government 133 217 169 344 64i 179 925 939 788 27 690 312 5,364 Other d e p o s i t s 345 13,894 1,007 1,398 333 210 2,044 400 855 646 340 4,964 26,466 Total d e p o s i t s Deferred a v a i l a b i l i t y items Capital paid i n Surplus All other l i a b i l i t i e s TOTAL LIABILITIES Ratio of t o t a l reserves t o d e p o s i t and F. R. note l i a b i l i t i e s combined, per cent Contingent l i a b i l i t y on b i l l s purchased f o r foreign correspondents 151,105 865,201 132,641 178,274 6 5,008 70,431 344,117 54,100 155,907 67,995 67,434 62,002 29,903 8,486 31,570 11.217 12,977 5,995 -4,6'lS 16,382 58,749 20,059 22*462 11,701 8,950 1> r 64 3,548 550 1,276 888 789 78,289 53,849 86,099 59,231 160,357 89,301 36,833 13,297 37,647 29,364 40,373 15,550 5,096 3,235 4,323 4,293 8,153 30.425 9,971 7,497 8,977 7,592 15,071 1,875 5^5 1,029 557 748 1,395 2,244,602 687.156 115,543 217,337 14,504 420,830 1,445,196 387,785 483,492 216,055 250,661 638,145 175,867 141,194 200,453 140,487 422,524 4,922,689 77.5 79.1 83.O 2,530 8,528 3,179 78.5 3,658 55-9 1,812 72.2 1,402 77.7 4,717 58.6 1,572 67.3 65.9 1,128 60.4 1,367 1,196 74.4 2,393 76.3 33,482 FEDERAL RESERVE NOTES OUTSTANDING AND IN ACTUAL CIRCULATION F. E. notes outstanding F. R. n o t e s held by banks 214,757 25,264 F. R. n o t e s in actual c i r c u l a t i o n 189,493 457,073 190,577 223,577 50,790 65,557 70,919 44,862 235,912 1,955,308 5,697 3,270 8,O69 5,603 38,767 312,261 327,221 155,323 201,069 70,461 135,970 156,876 45,093 62,287 62,850 39,259 197,145 1,643,647 129,852 35,254 22,508 84,970 149,198 167,116 14,509 13,228 10,240 DISTRIBUTION OF BILLS AND U. S. CERTIFICATES OF INDEBTEDNESS BY MATURITIES Within 15 days 16 to 30 days 31 to 60 days 6l to 90 days B i l l s discounted B i l l s bought i n open market C e r t i f i c a t e s of indebtedness 330,730 86,923 8,094 23,860 45,275 34,825 65,788 23,488 41,417 10,805 From 91 days to 6 months 28,381 6,680 5,865 Over 6 months Total 680 44i,c#4 7,118 31,882 246,083 7.31 . sed f o r p u b l i c a t i o n Friday morniug, June 19, 1925#' not e a r l i e r . St. 4565d FEDERAL RESERVE AGENTS' ACCOUNTS AT CLOSE OF BUSINESS, JUNE 17, 1925. ( I n thousands of d o l l a r s ) Feci era! Reserve Agent at RESOURCES Federal Reserve n o t e s on hand Fed erej. Reserve n o t e s cut stand ing C o l l a t e r a l security f o r Federal Reserve notes outstanding: Gold and gold c e r t i f i c a t e s Gold redemption fund Sold fund - F. R. Board E l i g i b l e paper Amount required Excess amount held TOTAL Boston New York P h i l a . Cleve. Rich. Atlanta Chicago St.Louis 86,570 214,757 308,140 34,000 53,800 457,073 190,577 223,577 24,794 66,694 265,507 84,970 149,198 167,116 31,050 ll,l%0 139,000 186,698 5,600 8,780 28,461 9 , 9 6 l 11,184 i 4 i , o o o 126,839 160,000 100,914 31,387 33,567 23,7^3 48,127 971 43.613 27,714 24,960 50,790 Minn. Kans.Cy. Dallas San Fran. 27,423 70,919 22,872 70,800 1,007,826 44,862 235,912 1,955,308 2,000 9,000 12,775 4,711 7,612 4,740 1,306 26,295 93,ooo 130,644 10,000 13,052 1,310 4,766 39,000 49,360 17,061 286,016 3,310 16,142 104,643 6,500 187,986 1,109,674 51,964 9,UU 12,195 12,417 17,991 1,535 39,586 2,822 31,732 54,408 26,709 284 22,266 65,557 Total 16,793 6,668 31,784 28,030 454,975 204,420 544,827 1,253,673 4i6,125 528,668 204,175 367,912 654,147 126,824 165,797 175,929 114,131 570,654 5,122,862 L I A B I L I T I E S Net amount of Federal Reserve notes received from Comptroller of t h e Currency 301,327 Collateral received from - Federal reserve bank: Gold E l i g i b l e paper TOTAL 181,190 62,310 765,213 224,577 277,377 109,764 215,892 432,623 a m ^ 75,750 87,823 98,342 67,734 306,712 2,963,134 gil 544,827 1,253,673 416,125 528,668 204,175 367,912 654,147 126,824 165,797 175,929 114,131 570,654 5,122,862
@FedFRASER