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SIATEifflNT FOR SHE Pfc&SS Released f o r p u b l i c a t i o n , ^ CONDITION OF FEDERAL RESERVE BANKS amamag: j j g i r r . ' . i s E S - : ; = T z c t z 2 . % % - - Increase or decrease since June 19, 1929 Juno 12. 1929 June 20.1922 :::::::::: i&st~i":|:S Total bills and securities B i l l s discounted, t o t a l Bills bought in opon market . . , ^ n a 0 ™ " ' S0Cm ltlea ' ' t0tol 1,198,761 - 29,057 -239,1406 959.104 + 25 193 - . 27,085 - 136,850 - 30,415 - 53,410 37,032 y9A5S H ; &?7 : . i i Federal reserve notes in c i r c u l a t i o n 1,649,187 + 4,971 Todeposits. p ~zC& Cyn « F : . . 4 . 11 7p, E : + - l B k9,2l5 ;|§ ~7 r-) 1 -» Released f o r p u b l i c a t i o n Friday morning, June 21, I929; not e a r l i e r . St. 6232a HESOURCES AMD LIABILITIES 01 THE TWELVE FEDERAL RESERVE BATES COMBINED ( i n thousands of d o l l a r s ) June 19.1929 June 1 2 . i q a June 20.1Q2g 1,367,531 69,93® 1,318,782 1,135,340 Gold held exclusively a g a i n s t F.R.notes 1,437*, 569 1,437%569 Gold settlement fund with F.R. Board . 637,598 Gold and gold c e r t i f i c a t e s h e l d by hanks 305,135 Total gold r e s e r v e s . . . . 2,880,302 Reserves other than gold 166,379 1,384,900 1,198,374 694,771 687,772 RESOURCES Gold with Federal reserve agents . . . Gold redemption fund with U.S.Treasury Total r e s e r v e s . . . Sfon-reserve cash B i l l s discounted: Sec. 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 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 of indebtedness . . . . 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 . v \ ' Total b i l l s and s e c u r i t W s ^ . Due from f o r e i g n banks Uncollected items Bank premises ^ All other resources 66,118 691,57s 799.052 2,875,630 62,534 149,559 2,580,917 156,354 3,046,681 3,025,189 2,737,271 74,841 83,6O4 64,107 480,292 478,812 474,086 459,825 337,631 959,104 933,911 114,117 990,827 223,882 42,672 44,630 97,244 27,999 78,260 37,032 83,014 13,772 139,458 13,167 1,198,761 169,873 9,917 653,196 55,923 88,680 222,868 590 • 730 812,097 58,613 7,602 5,199,325 1,227,818 729 746,312 58,613 8,486 1,438,167 572 5,150,751 5,037,889 K R. n o t e s i n a c t u a l c i r c u l a t i o n Deposits: Member bank - reserve account . Government . Foreign bank Other d e p o s i t s . . 1,649,187 1,644,216 1,599,372 2,291,765 46,731 7,124 23,052 2,328,232 18,700 2,332,162 3,478 10,134 20,388 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 . . . 2,368,672 2,376,215 739,228 158,412 254,398 29,428 157,931 254,393 29,695 2,366,162 678,374 5,199,325 5.150,751 TOTAL RESOURCES . . 729,781 60,889 7,902 L I A B I L I T I E S TOTAL LIABILITIES 6,225 23,058 688,296 l4o,309 233,319 20,353 5,037,889 Ratio of t o t a l r e s e r v e s t o deposit and . F. R. note l i a b i l i t i e s combined . . 75.3# 75.2$ 69.0# Contingent l i a b i l i t y on b i l l s purchased f o r foreign correspondents . . . . . 416,999 405,24o 297,824 C. RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE"EMKS CE JUNE 19, 1929 St. 6232b ( i n thousands of d o l l a r s ) Total Boston New York P h i l a . Cleve. Rich. A t l a n t a Chicago St.Louis Minn. Kaas.Cy. Dallas San Fran Gold with Federal Reserve Agents 1,367,581 72,020 255,861 118,855 157,499 39,048 97,886 279,818 23,668 56,933 43,957 24,788 191,238 Gold redemption fund with U.S.Treas. 09,938 13,805 6,4s6 13,207 3,861 4,925 5,009 2,753 7,439 2,892 4,402 2,082 3,127 Gold h e l d e x c l u s i v e l y a g a i n s t F. R. n o t e s 1,437,569 91,825 269,068 125,351 162,508 41,801 101,747 284,743 31,107 59,825 48,359 26,870 194,365 Gold s e t t l e m e n t fund with F.R.Board 637,59^ 6.6,527 166,905 49,731 72,409 19,469 18,299 79,149 37,349 19.103 46,162 31,945 30,550 Gold and gold c e r t i f . h e l d by banks 805,135 24,793 509,372 29,310 47,284 16,573 4,990 112,377 9,695 5,935 5,452 11,110 28,244 Total gold r e s e r v e s 2,880,302 183,145 945*345 204,392 282,201 77,843 125,036 476,269 78,151 84,863 99,973 69,925 253,159 Reserves other than gold 166,379 10,914 8,563 12,189 8,581 7,392 28,090 9,15s 2,132 4,745 5,838 13,272 55,505 RESOURCES Total r e s e r v e s 3,046,681 194,059 1,000,850 212,955 Hon-reserve cash 74,841 6,894 1,648 30,091 B i l l s discounted: Secured by U.S.Govt, o b l i g a t i o n s 480,292 49,101 152,343 40,711 Other b i l l s discounted 478,812 50,310 99,313 30,798 Total b i l l s discounted 959,104 99,411 251,656 71,509 B i l l s bought i n open market 87,032 12,135 11,964 9,617 U. S. Government s e c u r i t i e s : Bonds 42,672 689 2,043 585 Treasury n o t e s 83,014 1,523 10,932 8,835 C e r t i f i c a t e s of indebtedness 2,561 7,037 13,772 1,405 Total U.S.Govt, s e c u r i t i e s 139,458 3,617 15,536 16,457 Other s e c u r i t i e s lt02 13,167 5,815 Total b i l l s and s e c u r i t i e s Dae from f o r e i g n banks Uncollected items Bank premises A l l other r e s o u r c e s TOTAL RESOURCES c. 1,198,761 115,163 54 730 812,097 80,119 58,613 3,702 7,602 295 284,971 294,390 86,424 132,428 504,359 87,309 86,995 104,718 75,763 266,431 4,744 5,025 5,344 8,122 3,862 1,039 1,700 2,896 3,476 21,158 7,909 13,074 6,845 24,281 25,534 8,726 33,168 10,846 41,751 82,539 51,027 58,01*9 151,621 46,692 16,635 46,242 17,691 66,032 448 2,645 2,528 6,783 3,690 7,967 8,242 7,557 13,456 46,906 35,633 17,505 33,522 1,149 1,152 657 26,816 1 27,966 - 97,985 117,288 223 74 70 235,112 72,725 79,744 16,087 1,762 6,535 811 195 1,081 - 1*809 — 12,700 45,349 87,759 63,862 159 21,032 2,125 3,037 3,327 9,500 44 2,550 3,240 26,909 11,625 — - - 4,865 3,828 165 8,858 3,850 - - ' «* 1,500 8,193 3,223 9 680 n,336 11,425 1,250 12,016 - 350 56,526 69,256 186,772 58,765 31,871 50,387 37,923 91,854 24 24 1& 28 100 . 52 34 29 44,i6o 43,94s 27,050 15,434 56,653 23,723 100,353 33,076 3,395 2,744 8,529 3,969 2,110 4,i4o 1,922 3,718 412 2,024 606 386 192 321 581 69s 5,199,325 400,286 1,568,145 387,340 503,856 208,755 235,547 808,841 187,331 138,048 205,109 145,990 410,077 L I A B I L I T I E S F.R.notes in actual circulation Deposits: Member bank - r e s e r v e account Government F o r e i g n bank * Other d e p o s i t s Total deposits Deferred a v a i l a b i l i t y items Capital paid in Surplus All other l i a b i l i t i e s RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BASKS ON JUNE 19, 1929 ( i n thousands of d o l l a r s ) S t . 6232c T o t a l Boston New York Phi l a . Cleve. R i c h . A t l a n t a Chicago S t . L o u i s Minn. Kans.Cy. D a l l a s San F r a n . 1,6^9,187 140,771 281,102 143,744 198,693 65,2a 127,832 306,570 57,132 62,431 67,242 37,880 160,569 2,291,765 138,000 46,731 11,047 7,124 493 23,052 134 2,368,672 149,674 739,228 158,412 77,910 10,385 254,398 19,619 65,336 63,060 338,804 75,223 1,175 2,693 10,208 ,275 306 260 912 266 1,061 185 203 1,305 2,342 188,126 67,002 66,216 351,229 78,106 72,704 56,431 23,375 89,797 34,373 15,136 6,165 5,430 19,735 5,191 26,345 12,399 10,554 36,442 10,820 2,852 1,537 2,l4o 5,068 1,709 503,856 208,755 235,547 808,841 187,331 76.1 65.4 68.2 76.7 64.6 928,023 135,797 181,037 14,292 630 5,349 2,484 639 679 8,574 169 953,373 137,235 197,054 57,691 71,282 7,643 64,716 15,569 24,101 1,975 50,038 84,636 63,131 168,680 228 166 277 50,709 13,678 3,067 7,082 1,081 138,048 76.9 462 220 34l 31 220 479 219 52 8,531 85,537 63,744 177,721 37,722 30,450 41,018 4,284 4,448 11,311 9,086 8,690 17,978 1,238 778 1,480 205,109 1145,990 410,077 68.5 74.6 78.8 29,428 1.927 TOTAL LIABILITIES 5,199,325 400,286 1,568,145 387,340 Reserve r a t i o ( p e r p e n t ) 75.8 66.8 ,«= , " „ 81.1 75.8 Contingent l i a b i l i t y on b i l l s p u r chased f d r foreign correspondents 416,999 30,724 127,606 39,859 42,350 19,099 16,193 56,882 16,60S 10,380 13,702 13,702 29,894 F . R . n o t e s on hand ( n o t e s r e c ' d from F.R.Agent l e s s j a o t e s i n c i r c u l a t i o n ) 494,377 25,506 188,699 4 2 , i a 45,868 17,335 33,383 33,452 11,101 9 , 1 4 4 11,642 9,053 67.073 FEDERAL RESERVE NOTE ACCOUNTS OF FEDERAL RESERVE AGENTS F . E . n o t e s r e c ' d f r o m Comptroller 3,670,046 281,467 884,626 a9,425 350,631 191.107 289,415 567,^2 111,223 153, 150,514 75,475 395,102 F «R . not e s h e l d by F. R. Agent 1,526,482 115,190 414,825 33,560 106,070 108,551 128,200 227,380 42,990 82 71,630 28,542 -167,460 F . R . n o t e s i s s u e d t o F.R.Bank 2,143,564 166,277 469,801 185,865 244,561 82,556 161,215 340,022 68,233 71,575 78,884 46,933 227,642 Collateral held as security f o r F . R . n o t e s i s s u e d t o F.R.Bank: Gold a n d g o l d c e r t i f i c a t e s 372,045 35,300 171,880 30,000 43,800 7,690 11,400 8,050 14,167 14,758 35,000 Gold redemption f u n d 96,802 14,720 13,981 13,248 13,699 4,35s 5,986 2,818 1,618 1,766 3,597 3,030 17,981 Gold f u n d - F. R. Board 898,734 28,000 70,000 75,617 100,000 27,000 80,500 277,000 14,000 4l,000 40,360 7,000 138,257 E l i g i b l e paper 1,015,461 m , 4 6 8 249,447 69,115 89,142 52,398 65,889 159,612 46,671 19,111 48,772 25,137 78,699 Total c o l l a t e r a l 2,383,042 189,488 505,308 187,980 246,64i 91,446 163,775 439,430 70,339 76,044 92,729 49,925 269,937 MATURITY DISTRIBUTION OF BILLS, CERTIFICATES OF INDEBTEDNESS AND MUNICIPAL WARRANTS 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 i n d e b t e d n e s s Municipal w a r r a n t s Total Within 15 days l 6 t o 30 days 959,104 730,889 36,927 2,250 102 62,339 22,594 87,032 13,772 402 31 t o 60 days 81,544 17,445 6 l t o 90 days 47,910 7,497 7,066 91 days to 6 months 35,666 2,569 1,708 300 Over 6 months 756 2,74s
@FedFRASER