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Released f o r publication Friday mooring, June 20; not e a r l i e r STATSiEltT FOR THE PHESS St. 66j4 Federal Reserve Board June 19, 1930 C(EDITION OF FEDERAL RESERVE BANKS The daily average volume of Federal reserve "bank c r e d i t outstanding during the week ending June 18, as reported by the Federal reserve "banks was $1,006,000,000, an increase of $12,000,000 compared with the preceding week and a decrease of $275,000,000 compared with the corresponding week of 1929. On June IS t o t a l reserve "bank c r e d i t outstanding amounted to $961,000,000, a decrease of $13,000,000 f o r the week. This decrease corresponds with a decrease of $9,000,000 in money i n c i r c u l a t i o n and increases of $3,000,000 in monetary gold stock and $5,000,000 i n Treasury currency l e s s an increase of $5,000,000 in unexpended c a p i t a l funds, e t c . Holdings of discounted b i l l s declined $3,000,000 during the week, the p r i n c i p a l changes being a decrease of $4,000,000 a t Hew York and increases of $4,000,000 and $3,000,000, respectively, a t San Francisco and St. Louis. The System*s holdings of "bills "bought in open market declined $15,000,000 and of Treasury notes $8,000,000, while holdings of Treasury c e r t i f i c a t e s and b i l l s increased $21,000,000 and of United States bonds $5,000,000. Changes in the amount of reserve bank c r e d i t outstanding and in r e l a t e d items during the week and the year ending June IS, 1930, were a s follows: Increase or decrease since June 18, June 11, June 19, 1930 1930 1929 Tin m i l l i o n s of dollars) B i l l s discounted B i l l s bought United S t a t e s s e c u r i t i e s Other reserve bank c r e d i t TOTAL RESERVE BAM CREDIT Monetary gold stock Treasury currency a d j u s t e d 207 133 598 24 - 3 -15 +19 -13 + 459 - 43 , 961 4,529 -13 +3 - 291 + 215 791 + 5 Money in c i r c u l a t i o n 4,450 Member bank reserve "balances 2,4og Unexpended c a p i t a l funds, nonmember d e p o s i t s , e t c .. 423 423 - 1 W. - 9 +5 -752 + 46 4- 25 - 184 +116 + 17 Released f o r publication Friday morning* June 20,1930? not e a r l i e r * St. 6634a RESOURCES AID LIABILITIES OF THE TWELVE FEDERAL RESERVE BASKS COMBINED ( i n thousands of dollars) June 18.1910 June 11.1910 June 19.1929 RESOURCES Gold with Federal reserve agents . . ; . Gold redemption fund with U. S. Treasury Gold held exclusively against F.R.notes Gold settlement fund with F. R. Board . Gold and gold c e r t i f i c a t e s held by banks Total gold reserves . . . . Reserves other than gold Total reserves . . . . Non-reserve cash . B i l l s discounted: Secured "by U.S.Government obligations Other b i l l s discounted Total b i l l s discounted . . B i l l s bought i n open market . . . . . . . U . 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 and b i l l s . Total U.S. Government s e c u r i t i e s Other s e c u r i t i e s Total b i l l s and s e c u r i t i e s Due from f o r e i g n banks . Uncollected items F. R. notes of other banks Bank premises . All other resources . . . . TOTAL RESOURCES . . . L I.A B I 1 I ; f I E §. 1,599,114 37,001 1,636,115 609,250 821,837 3,067,202 166,709 3,233,911 64,338 66,925 1,626,214 J7,%6 1,663,550 598,097 817,849 3,079,496 164,708 3,244,204 66,344 1,367,581 69,988 1,437,569 637,59s 805,135 2,880,302 166,379 3,046,681 74,841 69,862 132,776 140.622 210,484 148,172 480,292 478,812 959,104 87,032 57,l4l 251,416 289,091 52,001 259,106 267.600 597,648 5,350 942,568 710 718,184 578,707 5,850 943,213 42,672 83,014 13,772 139,458 13,167 139,869 206,794 19,666 59,552 10,999 603,883 19,694 59,499 13,655 1,198,761 730 791,897 20,200 58,613 7,602 5,049,928 4,951,202 5,199,325 1,419,266 1,446,999 1,649,187 2,408,364 28,412 7,172 20,682 2,464,630 700,030 2,408,796 2,291,765 46,731 7.124 23.052 , 710 * • F. R. notes in actual c i r c u l a t i o n . . Deposits: Member bank - reserve account . . . Government Foreign bank . . . . . . . Other deposits . , Total deposits . . . 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 30,090 19,374 5,788 18.523 2,463,197 573,912 170,555 276,936 19.603 5,049,92s 4,951,202 169,692 276,936 2,368,672 739,228 158,412 254,398 29.428 5,199,325 Ratio of t o t a l reserves to deposit and F. R. note l i a b i l i t i e s combined . . . 33.3# 83.0# 75-8# Contingent l i a b i l i t y on b i l l s purchased f o r foreign correspondents . . . . . . 467,643 459,520 416,999 ebbbbjo. msrnm'msnss - o r jubs i s , i93cf~ • s t . 6634b (In thousands of dollars) Total Boston Hew York F h i l a . 01 eve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Gold with Federal reserve agents 1,599,114 164,91? 258,594 140,000 190,550 69,000 120,400 229,000 6%,245 50,845 75,000 22,800 204,763 6 2jk Gold redemption fund with U.S.Treasury 37,001 1,053 14,890 2,563 2,l60 974 2,346 1,558 1,803 **99 ^2 > E E S OUE C S S ^KH^notef5111817617 affainst Total gold reserves Reserves other than gold Total reserves Honreserve cash oth^eMnsua!;^L?lisations Total h i l l s discounted B i l l s bought i n open market securities: Treasury notes C e r t i f i c a t e s and b i l l s Total U.S.Govt, securities Other s e c u r i t i e s Total b i l l s and securities Due from foreign banks Uncollected UX1VUJ.JLGV UCU.items 1 U01U5S F.R. notes of other banks Bank premises All other resources TOTAL RESOURCES •'' •BBsroaKGi^-mihi^ 1,636,115 165,970 273,484 142,563 192,710 69,974 122,746 230,558 69,050 51,744 76,584 29,695 211,037 assign t.1 %% 3,067,202 228, a o 988,9l4 216,594 315,874 89,471 136,84? 466,686 106,268 73,97-+ 123,235 52,775 2b8,354 166,709 11,575 53,578 8,998 11,466 7,289 l4,l65 17,007 11,814 4,369 8,008 7,568 10,872 3,233,911 239,785 l,o42,4$2 225,592 327,34o 96,760 151,012 483,693 118,082 78,343 131,243 60,343 279,226 64,338 5,557 14,999 3,765 5,o4l 3,933 4,758 9,906 4,232 1,420 2,o64 3,552 5,111 139:869 9:326 206,794 15,322 132,776 14,836 ^ ^ 251,4l6 17,862 289,091 24,237 597*648 44,261 5,350 1,000 942,568 75,419 52 710 52 718,184 | v , u. v r 70,650 230 19,666 59,552 3,580 10,999 100 y'M l]fit 24,078 35,668 ^ 81,285 118,858 211,473 3,350 274,569 234 1196,421 9 6 , 4 a^ 6,653 15,664 3,713 25,477 2,671 ^ 22,22? 26,223 50,202 1,000 79,350 69 62,048 ^ 384 2,6l4 155 lisll J : * * 27,656 20,276 19,l46 28,639 15,622 9,499 5,681 8,965 15,084 ^ ^ ^ ^ 29,081 6,660 6,890 24,649 24,598 7,333 4,197 31,39b 55,342 15,594 11,396 77,872 ** ~ ~ 85,117 4 o , 4 a 49,000 108,578 30 26 95 71 73,472 IV * ' I -50,64? 19,792 102,843 ~ 1,4-gO 1,021 1,141 2,676 1,490 7,059 3,204 2,658 8,295 1,012 59% 3,389 ^0 I'M 14,670 3,270 n , ' ^ 18,941 3,750 13,488 9,896 4,837 6,090 4,334 3,331 032-5,279 612 8,674 14,813 10,318 8,181 9,S4l 6,898 9,^6? 9,943 9,°55 22,643 25,264 18,736 28,170 I — Z ~ 46,421 35,104 36,558 4i,397 26 l6 21 21 13,405 ^28,521' ^ TT ^ ' 37,220 ' * —26,525 1,264 913 1,306 304 3,811 2,018 3,972 1,876 1^5 ^32 246 397 12,159 21,780 1,000 19,609 16,086 36,695 "* 70,634 49 36,640 0 2,284 4,801 352 5,049,928 395,373 1,554,745 373,977 500,602 196,614 231,776 716,526 202,522 131,651 212,630 134,415 399,097 on( LIABILITIES F.R.notes In actual circulation Deposits: Member "bank - reserve account Government Foreign bank Other deposits Total deposits Deferred availability items Capital paid in Surplus All other l i a b i l i t i e s TOTAL LIABILITIES Reserve ratio (per cent) Contingent l i a b i l i t y on b i l l s purchased for foreign correspondents "Federal reserve notes: - Issued to F»R.bank by F.H. agent Held by Federal reserve bank In actual circulation Collateral held by agent as s e curity for notes issued to bank: Gold and gold c e r t i f i c a t e s Gold fund - F. B. Board Eligible paper Total collateral B i l l s discounted B i l l s bought in open market Certificates and b i l l s RESOURCES AND LIABILITIES OF THE FEDESEULL' RESERVE BMKS ON' JUNE l g , 1930 St. 6634c (In thousands Of dollars) Total Boston New Tork Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn, Kans.Cy. Dallas San Fran. 1,419,266 146,869 177,697 128,053 182,356 64,888 128,866 205.910 72,64o 54,445 70,364 31,933 155,245 2,408,364 147,494 997,224 28,412 s6 407 7,172 20.682 80 8,560 2,464,630 148,067 1,035,747 700,030 66,524 189,331 169,692 11,822 65,369 276,936 21,751 80,001 6,600 19.37U 340 5,049,928 395,373 1,554,745 81.3 83.3 85.9 1:S8 467,643 34,370 155,995 140,076 198,264 61,876 646 172 257 231 550 533 2,134 151 83 141,338 201,205 62,430 59,915 70,415 49,995 16,781 15,896 5,861 26,965 29,141 925 1,589 373,977 500,602 196,614 76.0 83.7 85.3 62,362 346,414 80,089 52,560 92,724 59,342 169,939 a 149 56 35 73 $ 165 198 165 198 134 62,715 21,740 5.370 10,857 2,228 231,776 78.8 246 1,231 76 309 33 348,544 80,745 53,207 93,021 59,575 28,843 99,081 31,518 12,845 20,21Q 5,271 3,081 4,348 40,094 10,877 7,143 9,162 8,935 2,678 1,471 781 930 • 345 716,526 202,522 131,651 212,630 134,415 87.2 72.8 80.3 77.0 65.9 7,645 178,036 34,411 11,348 19,514 543 399.097 83.8 *6,445 19,507 16,720 62,237 16,720 10,682 13,934 13,934 32,04? 45,052 FEDERAL RESERVE NOTE STATEMENT 1,766,103 175,542 346,837 28,673 1,419,266 l4&,869 403,108 35,300 1,196,006 129,617 332.682 30,078 1,931,796 194,995 87,242 157,511 242,405 87,007 60,154 80,044 4o,212 224,04? 22,354 28,645 36,495 14,367 5,709 9,680 8,279 68,802 177,697 128,053 182,356 64,888 128,866 205,910 72,64o 54,44$ 70,364 31,933 155,245 243,919 153,945 214,075 66,222 25,892 31,719 229,968 39,900 15,550 5,000 7,100 9,145 11,845 14,300 35,000 28,626 100,100 175,000 64,ooo 113,300 229,000 58,100 39,000 75,000 14,500 169,763 56,766 26,128 28,875 24,774 37.473 30,545 23,533 9,776 17,750 13,169 33,815 315,360 166,128 219,425 93,774 157,873 259,545 90,778 60,621 92,750 41,969 238,578 Total Within 15 days 206,794 118,012 132,776 73,105 289.091 2,500 MATURITY DISTRIBUTION OF BILLS AND SHORT TERM SECURITIES 91 days to l6 to 30 days 31 to 60 days 6l to 90 days 6 .months 19,001 31,024 44,488 27,680 22,147 - 18,780 5,151 153,863 1.349 Us,655 Over 6 months 340 39,585
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