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STkTStSSSST FOR THE PHESS Released for publication Friday morning, June 26, not earlier. Board of Governors of the Federal Reserve System June 25* 193& CONDITION OF FEDERAL RESERVE B A M S The daily average volume of Federal Reserve bank credit outstanding during the week ended Jtae 3N-, as reported by the Federal Reserve banks, was $2,1+7StOOOfOOOf a decrease of $7»000,OCX) compared with the preceding weak and an increase of $1,000,000 compared with the corresponding week in 1935• On June 2U total Reserve bank credit amounted to $2,^72,000,000, a decrease of $2,000,000 for the week, This decrease 9*?responds with decreases of $^51*000,000 in Treasury cash and deposits with Federal Reserve banks and $30,000,000 in nonmember deposits and other Fedoral Reserve accounts, and increases of $57*000,000 in monetary gold stock and $10,000,000 in Treasury and national bank currency, offset in part by increases of $^1^,000,000 in member bank reserve balances and $125,000,000 in money in circulation* Member bank reserve balances on June 2^ were estimated to be appro^imatel;-- $ 2 ^ 0 , 0 0 0 , 0 0 0 in q::c©ss of legal requirements. Relatively snail changes were reported in holdings of discounted and purchased bills, industrial advances and United States securities* Changes in the amount of Reserve bank credit outstanding and in related items during the week and the year ended June 2U, 1936, were as follows: Increase or decrease since June 24 June 17 June 26 1935 (In millions of dollars) Bills discounted Bills bought U. S* Government seemritie# Industrial advances im^A^. oom^L tfi&m t s -' * Other jfe^orv® bmsjfc 6 k .3 2A30 -1 -2 — Dillon TOTAL RESERVE B A M CREDIf Monetary gold stock Treasury and imti&t&X "baric currency Money in circulation balance* Member ba&I: Treasury cash. m & deposits with Nonmomber deposit© other ~1 acccna&ts *2 30 2 2,^72 10,600 2,500 5,308 3.577 513 +57 +10 +1,^91 rS +i25 +$75 J+51 -30 (B-801) Released for publication Friday morning, June 26,1936; not earlier. B-SOla ASSETS AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BASKS COMBINED (In thousands of dollars) June 24,1936 June 17,1936 June 26,1935 A S S E T S Gold certificates on hand and due from U. S. Treasury Redemption fond - F. R. notes Other cash Total reserves Bills discounted: Secured "by U.S.Gov'.t obligations,direct and/or fully guaranteed . Other "bills discounted Total frills discptroted Bills bought in open market , Industrial advances U. S. Government securities: Bonds . . . Treasury notes . . . . . . . . . . . . Treasury bills Total U.S. Government securities . » Other securities . . . . . . . . . . . . Total bills and securities Due from foreign bafiks . . . . . . . . . F. R. notes of other banks . . . . . . . Uncollected items . . Bank premises . . All other assets TOTAL ASSETS . 7,958,042 7,932,539 12,364 12,518 2 7 2 , 2 7 6 , 2 6 9 8,21+3,250 8,227,326 6,126,491 22,583 239,6l4 6,388,688 3,9S£ 2,204 4,177 2,362 3,591 3,546 6,189 3,077 29,936 6,539 3,076 30,058 7.137 4,690 27,518 315,678 1,%4,199 620,357 2,430,234 181 315,697 1,494,219 650,337 2,430,253 181 Jl6, S6$ 1,510,483 602,879 2,430,227 -r 2,469,617 2,1+70,107 2,469,572 2 8 237 15,392 551,560 48,052 38,813 3 24,037 696,106 48,052 38,196 TH 16,853 468,90+ 49,826 42,531 11,366,921 11,504,062 3,980,018 3,872,984 3,197,898 5,307,954 929,072 56,258 1?5.$77 6,4^8,961 549,674 130,879 145,501 26,513 34,113 11,262 4,893,667 1,421,457 60,378 221.584 6,597,086 686,625 130,813 145,501 26,513 34,111 10,42ft 5,029,492 80,301 24,101 281.4^9 5,415,393 467,642 146,584 144,893 20,W 30,778 13,475, 11,366,921 11,504.062 9,^37,145 9,^37, L I A B I L I T I E S F. R. notes in actual circulation . . . Deposits! Member bank - reserve account * , . . . U.S.Treasurer - General acccruait , . . . Foreign bank . . . . . . . . . .... Other deposits . . . . . . . . . . . . Total deposits . Deferred availability items . . . . . . Capital paid in .... Surplus (Section 7) Surplus (Section 13 b) . . . . . . . . . Reserve for contingencies •. All other liabilities . . . TOTAL LIABILITIES Ratio of total reserves to deposit and E. R. note liabilities combined . . , 78.7$ 78.6$ 74.2$ Commitments to make industrial advances 24,452 24,>679 20,579 ASSETS AID LIABILITIES OF THE FEDERAL RESERVE BANKS ON HIKE 24, 1936 (In thousands of dollars) B-S01"b A S S E T S Total Boston New York Phi la. Cleve. Rich. Atlanta Chicago St .Louis Minn. Kans.Cy, Dallas San Fran. Gold certificates on hand and due from U.S. Treasury 7,958,01+2 518,792 2,989,080 412,763 580,l40 260,991 216,500 1,654,877 237,806 174,638 234,34l 154,901 523,213 Redemption fund - F.R.notes 12,364 2,220 1,1+79 180 73O JS6 1,769 408 934 240 1,012 429 2,177 Other cash 272,844 25,851 74,096 38,05.1 24,557 16,079 10,554 31,811 12,571 7,432 14,235 5,884 11,693 Total reserves 8,21+3,250 5*6,863 3,064,655 451,024; 605,1+27 277,856 228,823 1,687,096251,311 182,310 21+9,588 l6l,2l4 537,083 Bills discounted: Secured by U.S.Gov't obligations, direct and/or fully guaranteed 3,985 2*204 Other hills discounted Total hills discounted Bills bought in open market Industrial advances U.S.Government securities: Bonds Treasury notes Treasury bills Total U.S.Govtt securities Other securities Total bills and securities Due from foreign banks F . R. notes of other banks Uncollected items Bank premises All other assets TOTAL ASSETS 1,065 81 2,121 1,1+82 556 — 1+0 17 95 52 6,189 1,11+6 3,603 556 57 3,077 29,936 221+ 2,9ll+ 1,095 7,360 316 5,162 293 1,772 1*7 120 3,661 108 761 384 2,113 315,678 21,487 l,l+9U, 219 99,609 620,337 36,581 82,132 24,663 28,877 15,*59 1+66,186111,972 138,31+3 74,059 181,065 1+0,485 50,8(>5 27,198 13.272 63,586 23,351 34,228 163,975 122,961 2,^30,231+ 157,677 — 181 729,383 177,120 218,025 116,716 100,209 2,1+69,617 161,961 71+1,1+1+1 183,151+ 220,11+7 120,61+1+ 101,11+1+ 237 15,392 551,560 48,052 38,813 18 328 59 ,228 3,113 301+ *5 21 66 — — 3 54 33 57 61 1,335 87 86 1,017 16,251 i6,oi4 78.357 43,693 28,592 15.858 15.636 74,023 27,185 87 556 321,164 123,200 — „ 91 2,872 134,25s 10,851 27,506 23 533 1+1,564 5,080 3,677 22 1,2125 54,195 6,525 1,643 10 929 46,251 2,919 1,095 8 1.398 19.271 2,284 1,504 323,661 123,876 28 2,376 76,486 4,830 764 — 25 8 4 1,4x4 23,634 2,453 310 .87 75,565 116,844 181 10 394 25 8 4o4 33 86 1,655 217 1,630 21,258 26,401 53.935 126,481 19.&07 46,41+9 95.000 199.331 — 77,018 118,a5 -97.145 201,211 16 7 7 3 431 1,306 1,100 1,580 1 6 , 081 31.1*7 21,596 27,849 3,580 1,526 3,360 1,531 374 4o4 799 433 11,366,921 771,815 3,981,67!+ 685,055 889,081+ 1+1+9,701+ 354,1+32 2,095,241 403,002 278,476 404,301 282,71s 771,*19 ASSETS AND LIABILITIES 0? THE FEDERAL RESERVE BAMS Oil JUNE 24, 1936 (in thousands of dollars) B-SOlc L I A B I L I T I E S Total Boston New York Fhila. F.R.notes in actual circulation Deposits: Member bank - reserve account U.S.Treasurer - General account Foreign bank Other deposits Total deposits Deferred availability items Capital paid in Surplus (Section 7) Surplus (Section 13 b) Reserve for contingencies All other liabilities TOTAL LIABILITIES 3,980,018 364,498 Cleve. Rich. Atlanta 813,658 300.434 385,979 184,658 175.639 5,307.95^ 256,397 2,235,572 929,072 61,581 499,278 5^,258 21,254 M79 195*677 1,624 156,807 6,488,961 323,681 2,912,917 5^9,67^ 59,700 130,401 130,879 9,368 50,920 1^5,501 50,825 9,902 7,7^ 26,513 2,874 8,849 1,^13 34,113 6,360 11,262 212. 273,310 30,861 5,127 1,398 310,596 40,422 12,283 13,406 ^,231 3,000 583 357,716 171,647 51,533 29,086 5,072 2,426 2,170 — 2 , 1 2 1 4i6,49i 205,35^ 54,945 44,819 4,700 12,650 5,186 1^,371 3,448 1,007 1,278 3,111 530 261 Chicago St.Louis Minn. Eans.Cy. Dallas San Fran. 907,766 169,843 120,765 151,122 85,915 319,7U1. 111,250 9S9,769 156,049 100,975 180,426 131,000 343,837 68,217 31,775 26,814 29,313 27,871 40,866 31,877 3,so4 1,599 1,596 1,654 1,323 6,395 1.929 11,61? -JU1§6. 301 _JLtI20 2,179. 3,704 l4s,76o 1,066,560 197,4Q4 133,076 211,636 162,260 400,126 16,689 77,101 25,575 15»813 31,755 24,O4I 28,412 3,767 4,240 3,55^ 2,977 3,805 10,158 12,057 4,655 5,616 9,6% 3,bi3 3,1*9 3,783 21,350 546 1,121 1,142 1,003 1,252 1,391 75^ 894 846 1,456 1,328 1,849 2,519 7,573 215 320 261 233^2 22L 11,366,921 771,815 3,981,674 685,055 889,084 449,704 354,432 2,095,241 403,002 278,476 4o4,301 282,71s 771,^19 Ratio of total reserves to deposit and F. R. note liabilities combined 78.7 Commitments to make industrial advances 24,452 79«5 2,789 82.2 9,813 73.8 75.*+ 294 1,462 71.2 70.5 2,334 290 85.5 78 68.4 1,826 71.8 68.8 93 4o6 65.0 538 74.6 4,529 MATURITY DISTRIBUTION OF BILLS AND SECURITIES Total Bills discounted Bills bo-ught Industrial advances U. S. Government securities Other securities 6,189 3,077 29,936 2,430,234 181 Within 15 days 4,411 170 1,631 4i,54I 16 to 30 days 124 270 272 26,341 31 to 60 days 591 599 663 53,559 6l to 90 days 638 2,038 599 11^972 91 days to 6 months 425 2,297 390,248 Over 6 month 24,474 1,803,573 181 FEDERAL RESERVE BOTE STAT11.IE1TT Oil JOES 24, 1936 (In thousands of dollars) B-SOld Total Federal Reserve notes: Issued to F,Rr. bank lay F.ROgent Held by Federal Reserve bank In actual circulation Boston ITew York phila. Cleve. Rich. Atlanta Chicago St0Louis Minn. Eans.Cy, Dallas San Fran. 4,243,935 378,873 263,917 l4t375 904,588 309,689 398,801 193,995 194,167 9^930 9.255 12,822 9,337 18,528 9^0,685 178,570 32,919 2;7?7 3,980,018 364,498 813,65s 300^34 385,979 184,658 175,639 907,766 169,843 120,765 4,260,523 396-000 4,280 1,146 42; ooo -- 920,706 314,000 400,500 194,000 164,685 2,357 556 57 147 66 — — — — 30,000 951,000 172,632 128,000 160,000 so 95,000 364,000 348 33 4,307,403 397,146 923,063 314,556 400,557 194,147 194,751 951,000 179,665 128,057 165,080 95,34s 364,033 126,049 164,507 5,284 13,385 151,122 9^,238359,773 8,323 40.032 85,915 319.741 Collateral held by agent as security for notes issued to bank: Gold certificates on hand and due from U, S. Treasury Eligible paper U. S* Gov't securities Total collateral 33 7,000 — 57 5,000
@FedFRASER