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Released f o r p l i c a t i o n

™

» »

2 5 ;

l ! * *
• • s i

June 24, 1926.

CONDITION OF EED5RAL RESERVE BANKS

F e d e r a i

l a t i m T z :

-°te

—

o i

« -

I n c r e a s e or d e c r e a s e d u r i n g
%eek

m

Year

::::::::::::: : « «
Total "bills and s e c u r i t i e s

p.h Q_

w s f e «r* • l i s ! EE

B i l l s 1 ought i n open market
"'BL!°Veraient

eeCUTitleSl

+
t 0 t a l

14,100,000

+

s

5,600,000

* * •

"

99,100,000

f e d e r a l reserve notes in c i r c u l a t i o n

. .

-

5,400,000

+

48,500,000

'

-

B

;

E

B

E

w.



r

;

:

™

;

58.500,000

'!:! : d £:S ; I S

;

-

:

I

E

+

:

E

Released f o r p u b l i c a t i o n F r i d a y morning, June 25, 1926; n o t e a r l i e r .

St.4997a

RESOURCES AJID LIABILITIES
OF THE TWELVE FEDERAL RESERVE BAIT S COMBINED
( i n t h o u s a n d s of d o l l a r s )
June 23. 1926

June l 6 , 1926

June 24, 192':

R E S O U R C E S
Sold w i t h F e d e r a l r e s e r v e a g e n t s . . .
1,467,699
Gold redemption f u n d w i t h U . S . T r e a s u r y .
44,189
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 . 5 1 1 . 8 8 8
Gold s e t t l e m e n t f u n d w i t h F.R. Board .
662,190
Gold and gold c e r t i f i c a t e s h e l d "by banks
672.563
Total gold r e s e r v e s
2,846,641
Reserves o t h e r t h a n g o l d
148,892

Total r e s e r v e s
E o n - r e s e r v e cash
B i l l s discounted:
Sec. by U.S.Government o b l i g a t i o n s . .
Other b i l l s d i s c o u n t e d
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 n o t e s
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
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
Foreign l o a n s on g o l d
T o t a l 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 .
Bank p r e m i s e s
All other resources
. . . .
TOTAL RESOURCES . . . . . . .

1,530,551
%»%9
1,576,010
6Q4,S20
655,795

1,473,117
53,819
'

1,526,936

147,737

674,499
609,329
2,810,764
148,049

2,995,533

2,984,362
56,169

2,958,813
55,739

225,848
253,310

179,301
214,029

249,914
205,531

479,158
247,236

393,330
233,159

455,445
241,666

56,301

108,620

205,401
69,077
383,098

2,836,625

109,183

72,297

166,945
206,107
482,235

226,083
26,229
324,609
2,250
10,500
1,034,470

64*5

3,200
7,502
1,119,426
545

59,739
16,272
4,902,858

59,735
l6,l42
5,119,348

619,112
60,173
20,467
%,749,459

1,682,769

1,688,150

1,634,235

2,225,306
11,835
5,910
15.173
2,258,224

2,260,827
6,136
6,307
2,290,886

2 139 779
' 46!207
6,l6l
18,26?
2,210,4l4

600,319
122,785

779,434
122,804

557,073
113,561

18,451

17,764

14,339

3,200

6,700

1,119,392
654,976

882,869

L I A B I L I T I E S
F. 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 - r e s e r v e a c c o u n t . . . .
Government
Foreign bank
Other d e p o s i t s
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 in
All other l i a b i l i t i e s
TOTAL LIABILITIES
R a t i o of t o t a l r e s e r v e s t o d e p o s i t and
F. R. n o t e l i a b i l i t i e s combined . . .

Contingent l i a b i l i t y on b i l l s purchased
f o r f o r e i g n correspondents
W.




220,310

4,902,858

17,616

220,310

5,119,348

217,837

4,749,459

76.0$

75«0$

77.0$

53,583

55,088

37,105

SS3CUEC3S AUD LIABILITIES OF iHE FEDERAL EE SERVE BANKS OH JUICE 23, 1926
( I n thousands of d o l l a r s )

RESOURCES

Boston
"

*
a
;
'
Gold h e l d e x c l u s i v e l y a g a i n s t

£

New York
S

Fhila.
"

Cleve.
a

T o t a l . b i l l s discounted
B i l l s bought i n open market
II. 5. Government s e c u r i t i e s :
®onds
^
•ireasury n o t e s
C e r t i f i c a t e s of indebtedness
Gov t

se

' - otfitxes

Other s e c u r i t i e s
Foreign l o a n s on gold
T o t a l . b i l l s and s e c u r i t i e s
Due from f oreign banks
U n c o l l e c t e d items
Bank p r e m i s e s
V
other resources
TOTAL RESOURCES
W




A t l a n t a Chicago St.Louis
-

Sold s e t t l e m e n t fund w i t h F.R.Board " s ^ i s
236!515 ^ 2 : 7 %
Gold and g o l d c e r t i f i c a t e s
38,109
410,228 24,668 40,154
jtotal,«old reserves
230,248 1,041,307 193.370 277,622
Reserves o t h e r t h a n gold
To%al_reserves
Non-reserye 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 d i s c o u n t e d

Rich.

r

e

,

"

-

St 44Q7

Minn. Kans.Cy. D a l l a s San Fran.

a

t

a

•

a

-

a

?

"

Total
8

g

t

SoiSlS ^27:521 117:185
10,229
3.615 72,987

" i w o 12/728 29:210 ^ I f i l
^662:190
12,935
6.85%
5,725 12,506 28.555
672,563
183,216 361,415 43,481 77,166 81,335 42,707 24?,099 2,846,641

67,675
15,400
4o,l64 5.445 7,325 7,44l 9,713 20,379 19,876 2,964 5,007 6,543 8,635 148,892
245,648 1,081,471 198,815 284,947 75,116 192,929 381,794 63,357 80,130 86,342 49,250 255,734 2,995,533
4,096 15,514 1,193 2,532 4,553 5,031 10,290 4,437 1,086 2,339 2,379 2,851 56,301
9,544
14,6^

65,706

28,429
20,666

32,919
15,952

16,284
31,805

36,529

33,830
34,280

11,458
19,313

451
3,250

3,213
14,881

3,370
10,752

15,348
24,648

24,239
15,732

92,265

48,851
24,515

48,089
11,635

41,825
23,532

68,110
31,818

30,771
7,204

3,701
10,087

18,094
12,180

14,122
9,810

39,996 479,158

61,393

49,095
15,235

24,095

247,236
v

2,536
8,381
1,982

13,306
53,058
12,745

5,702
5,535
10,486

11,115
23,208
3,030

2,512
5.515
1,315

280
282
1,280

25,886
25,578
7,139

8,488
12,684
5,228

9,585
8,227
2,016

14,026
17,504
4,988

8,477
17,024
4,174

6,707
28,405
14,694

108,620
205,401

12,899

21,723

509
53,379
-

79,109
1,836
234,603
645

37,353
717

288
64,663
,

500
214
34,330
„

4,068
34

16,715
4,953

1.571

918
68,167 159,449
29,186 84,600
2,846
7,933

-

26,559

2,000
637

88,690 111,436
-

60,098 156,954 60,094 63,900
7,409

5,296

225,84s
253,310

69,077
9,342 1,842 58,603 26,4oo 19,828 36,518 29,675 49,806 383,098
355
69,421
55,610
2,364

700
268

32,286 13,254
4,111

2,943
2,184

261

67,053
36,864
4,654

3 200
235
462
6,'700
53,842 114,359 1,119,392
„
22,442 39,688 654,976
1,793
3,332
59,739

258 1,003
321 1,266 1,885
605
499
309 2,955 16,272
367,323 l,$10,855 350,621 471,227 207,385 299,425 645,951 169,459 133,927 197,751 130,015 418,919 4,9

L I A B I L I T I E S
F.R. n o t e s i n actual 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
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
A l l other l i a b i l i t i e s

AntiOlWOSS AivD LIABILITIES OF THE FEDERAL RESERVE BAtfKS OH dUNE 2>, 1926
St.4997c
(In thousands of d o l l a r s )
Total
Boston New York F h i l a . Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran.

l4i,o44

1400,027 125,608 189,058 70,509 184,756 183,576 41,209 60,807 61,837 35,976 188,362 1,682,769

140,280
318

864,550 134,262 183,664 64,602 71,723 336,150 79,705 48,689 86,609 56,411 158,661 2,225,306
U.835
530
410
47
787
400
189
375
8,223
100
74
382
5,910
246
435
221
2
5
2
864
2
7
1
2
0
2
1,332
599
675
334
l4o
27 5,707 15,173
108
878
258
198
6,792
86
806
58
880,897 135,047 185,219 65,376 72,870 338,292 80,423 49,464 87,042 57,189 165,213 2*258,224
130,987 56,392 58,845 52,281 27,114 74,148 31,934 11,865 34,688 24,150 39,472 600,319
35,375 12,171 13,510 6,072 4,958 16>642 5,272 3,137 4,187 4,291 8,434 122,785
59,964 20,464 22,894 11,919 8,700 30,613 9,570 7,501 8,979 7,615 15,071 220,310
794 2,367 18,451
3,605
939 1,701 1,228 1,027 2,680 1,051 1,153 1,018
1,510, 350,621 471,227 207,385 299,425 645,951 169,459 133,927 197,751 130,015 418,919 4,902,858
76.0
58.0
84.4
52.9
72.3
76.3 76.1 55.3
74.9
74.9 73-.2 52.1 72.7

479

115
141,192
58,443
8,736
17,020

888
367,323

TOTAL LIABILITIES
Reserve r a t i o (per c e n t )
87.0
Contingent l i a b i l i t y on "bills purchased f o r f o r e i g n correspondents
4,226
F.R.notes on hand ( n o t e s r e c ' d from
F.R.Agent l e s s notes i n c i r c u l a t i o n ) 22,691

7,618

2,391

1,779

2,169 1,946

103,980 30,583 17,4oo 14,397 28,315 30,830

5,727

4,318

5,753

13,213

5,283

5,950

2,947

2,224

5,43^

3,837

53,583

38,812

308,240

FEDERAL RESERVE NOTE ACCOUNTS OF FEDERAL. RESERVE AGENTS

F. R. n o t e s r e c ' d from Comptroller
F. R. n o t e s held "by F. R. Agent

226,985

F.R. n o t e s i s s u e d t o F.R. Bank

163,735

277,034 2,860,535
784,36? 200,631 255,038 117,366 275,031 404,443 67,216 85,307 112,854,297
20
280,360 44,440 48,580 32,460 6^,960 190,037 20,280 20,182 45,230 12,887 49,860 869,526
504,007 156,191 206*458 $4,906 213,07%.214,406" 46,936 65,125 67,590 4i,Mio 227,174 1,991,009

35,300
15,598
84,000
39,971
174,869

171,69s 8,780
25,363 Ml,,894 11,866
191,000 #,497 150,000
138,545 S7L355 69,843
526,606 162.7^6 2k),489

C o l l a t e r a l held a s s e c u r i t y f o r
F.R.notes issu ed to F.R.Bank:
Gold and gold c e r t i f i c a t e s
Gold redemption fund
Gold fund - F. R. Board
E l i g i b l e paper
Total c o l l a t e r a l

63,250

Within 15 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 i n d e b t e d n e s s



329,474
113,420
820

25,655
3,028
5,000
58,890

16,226 10,000 303,153
14,237
8r045 13,212
98,971
5,291. 3,374 2,031 1,554 2,383 2,773 13,816
2,500
156,574
1,065,575
129,000 165,644 7,000 41,000 4o,36o
65.282 99,811 37,843 13,759 30,141 23,909 63,867 699,216
213,810 268,829 54,919 69,525 "2,884 45,408 244,257 2,166,915

92,573
MATURITY DISTRIBUTION OF BILLS AND CERTIFICATES OF INDEBTEDNESS
l 6 t o 3Q days
31 t o 60 days
6 l _ t o 90 days
^montfcs*°
Over 6 months
33,388

50,908

49,928
51,812

33,207
28,393

32,714
2,f03
68,257

447

Total

479,158
247,236
69,077