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■Form F. R, 283
STATEMENT FOR THE PRESS

Released fo r p u b lica tio n
Friday morning, June 29;
not e a r lie r .

Board o f Governors
o f the- Federal Reserve System
June 23, 1945

CONDITION OF THE FEDERAL RESERVE BANKS

During the week ended June 27 member bank reserve balances decreased
$594,000,000. Reductions in member bank reserves arose from decreases of
$76,000,000 in Reserve Bank credit and $2,000,000 in gold stock and increases of
$340,000,000 in Treasury deposits with Federal Reserve Banks, $92,000,000 in money
in circulation, $17,,000,000 in Treasury cash and $66 , 000,000 in nonmeftber deposits
and other Federal Reserve accounts. Excess reserves of member banks on June 27 were
estimated tolibe approximately $1 , 300, 000, 000,
Holdings of loans-, discounts'and advances decreased'$104,000,000, while
holdings of United States Government securities -increased $136,000,000. The increase
in holdings of United States Government securities re fle cts an incrqase of
$100 , 000,000 in b i l l s and $36 , 000,000 in' c e r t i f i c a t e s .
Changes in member bank reserve balances and related items during the
and the year ended June 27, 1945» were as followst

Increase or decrease
since •
June 27,
1945

June 20,
1^45

June 26,
1944

( I n m illio n s ç f d o lla r s )
U, S, Government Securities
Loans, discounts and advances
Other Reserve Bank credit

21,693
206
312

•f
-

136
104
153

+6,612
+ 143
+
32

Total Reserve-Bank credit
Gold stock
Treasury currency

22,211
£0,263
4,144

»

76
2
1

+6,733
- 930
+
37

Member bank rosurve balances
Money in circu lation
Treasury cash
Treasury deposits.w ith F, R, Banks
Nonmember‘d ep o sits’ atid'o.t'her F. R, accounts

14,760
26,628
2,314
687
2,228

+
+
+
•f

594
92
17
34o
66

+1,679
+4 ,’207
—
+ 126
- 119




Form F. R. 285c

L I A B I L I T I E S

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JUNE 27, 191+5
(in thousands o f d o lla r s )
T o ta l

Boston

Federal Reserve notes
22,91+2,621 ll+5l*,85l+
D ep osits•
Lemher bank-reserve ac c t. 14,759 ,990 688,1*99
U.i> .Treasu rer-gen eral a cct. 687,287 101,267
Fore ign
1,297,666
86,327
Otnur
1+76,382
8,066
T otal deposits
17,221,325 881*,159
D eferred a v a i l a b i l i t y items 1 ,517,033
Other l i a b i l i t i e s in clu d in g
accrued dividends
12,781
TOILL LIABILITIES
C apital paid in
Surplus (S ectio n 7)
Surplus (S ection I3&)
Oth~r c a p ita l accounts

New York

Phila.

Cl eve *

Rich.

A tla n ta

Chicago St.Louis

5,071,1*00 1512,1*07 2008,71*9 l53l+,079 1352,769 1+195,625

Minn* Kans.Cy.

961,030 501,008

81+5,093

572,180 2933,1+27
667, 11+8 171+0,316
22,831
1+5,031+
91*561
37,309
5 0,007
1,1+55
723,71*3 1929,918

1*,730,592 71*5,230 1135,525
121* ,976
1*1* ,1*70
58,730
1/501, 171+ 109 ,1*1*1 108,197
30,958
323,027
6,133

63l+,198
58,381*
52,233
6,116

61*6,019 2173,571+ 557,933 331+.1+68
2l+,50l+ 120,373
1^0,871+ 29,1+78
1+3,528 161,671+
37,309 28, 601*
16, 31+8
6,688
5,686
20,709

706,1*88
16,366
37,309
- 1,189

905,271*. 1333,1+10

719,737 21+70,330- 652,1+61+ 599,238
62,206 29,686
36,637 229,137

761,352

5,679,769

129,127

300,1*16

82,193

150,006

750,931
123,581

9l*8

3,520

831

1,253

620

580

1,891

Dallas SaoFran.

1+26

1+93

77,712
•I168

57,667
1+31+

1,267

1*1 , 693,760 2U69,088 11,055,105 2500,705 31+93,1+18 21*09,211 2159,723 6902,953 1076,126 930,1*25 1681* ,025 1359,071+ 5053,277
10,203
00, 11*1
169 ,¿+54
5,708
5,1+66
20, 31+1
5,1+56
15,791*
3,689
12,750
16,927
6,125
6,791+
6->196
33,201
i+,950
6,025
15,899
7 ,ol+3
81*. ,903
19,872
7,936
15,239
19,071
228,153
7,813
2,11)2
762
2,88o
i+,1+68
527
1,137
1,307
1,007
3,290
•27,165
1,1*29
1,073
7,11+3
10,002
11,986
15,532
106,1*29
22;8ó2
7,582
¿*,538
5,350
5,179
6,819
6,283
i+,315 '
5,931

TOTAL LIABILITIES AND
Ci.JPxTiv-Li ACCOUNTS
1*2 ,221*,961 2503,753 11, 230, 15!* 251+5,377 351+2,1+09 21*33,927 2180,1+77 6973,536 169I+,517 ’91+1+,1+52 1702,593 1376,652
CPmmi tme nt s to mak e
—
—
—
--in d u s tria l loans
200
16
1*00
376
225
50
3,1+69
5,391
F. R. notes outstanding
23, 625,116 ll*82, 8lo
5 , 236,517 1556,1*85 2056,978 1571,030 11*09,980 1*256,582 1011,589 511,377 871,091 601,369
C o lla te r a l f o r F. R. notes
h eld by F. R .'A g e n ts :
Gold c e r t if ic a t e s
10, 863,000 595,000 3 ,01*5,000 628,000 812,000 600,000 620,000 1880,000 1*00,000 190,000 350,000 239,000
—
—
—
E lig ib le paper
---300
22 ,600
6 ,1+50
7,250
3,175
188,669
137,159
2,035
U.S.G ovt, s e c u r it ie s
550,000
385,000
800,000
2I+00,000
702,568.
325,000
950,000
1250,000
1000,000
12, 962,568 900,000 2,100,000
MATURE TY DISTiÌI BUTION .0F LO.ZS .JTD SECURITIES2 to 5
1 to 2
Within
l 6 to
6l zo
31 to
91 days "Co
6 months
years
6 months
to 1 yecr
years
Total
90 days
15 days
30' days
60 days
------Discounts and advances
200,065
1 ,010
1,100
202 ,1*69
29I+
120
107
In d u s tria l loan’s
8
709
7
I 5I+
2,155
5,293
33
U• S. Gove rnment
s e c u ritie s
l-, 060 , 750
907,300
507,652
3,718,721
2 , 1 0 1 .,921 1*,805,625 1*,796,612
2 1 , 692,721
5 , 01+6,800
1
Roserve
Banks.
of
other
Federa
1/ After deducting $793,1*1*7 ,000 part;icipations




188,665

5097,111+
655
3058,308

152l*,000
9,700
1600,000
Over
5 years
------71*7 , 31+0

Form F, R. 233a
Released fo r p u b lica tio n Friday morning, June ,29 , 19l*5; not e a r lie r ,
STATEMENT OF CONDITION
OF THE TWELVE FEDERAL RESERVE BANKS COMBINED
( I n thousands o f d o lla r s )
Increase or decrease
since
June 27>
'

I9h5 '

June 20,
____ 19U5 ’

Juno 28,
19UU

A S S’E T S
Gold c e r t if ic a t o s
Redemption fund fo r F, R, notes

.17,1+07,210
699,358

+

U*005
2,093

18,106,568

-

1,912

T o ta l gold c e r t i f i c a t e reserves

-1,212,165
+ 267,51*5
-

92l+,620

Other cash

216,55U

- 32,807

Discounts and advances
In d u s tria l loans
U, S. Govt, s e c u r it ie s i
■Bills
C e r t ific a t e s
Notes
■.Bonds

2o2,i*69
3*293

-10l+,115
”
206

+
-

12,972,118
5,92l+>011
1,683,950
—
l,llg ,6 l* 2
—

+ 99,887
+ 86,000

+3,920,178
+2,51+2,021
+ 501,U 5
- 551J45U

+185,887

+6,612,160

T otal U.S. Government s e c u r itie s

21,692,721

T otal loans and s e c u r itie s
Duo from fo r e ig n banks
F. R ;'n o te s o f other banks
U n collected items
Bank premises.
Other assets
TOTAL ASSETS *

21,898,1+83
110

—
8l*,283
1,829,1+22
3l*,09l*
- 55jMi7
1+2,221+,96I

+ 81,566 ,
- 7,891
“ 533,766
1+9
+ ‘
~

61+,006
150,921
7 »771+

+6,755,307
- 26
1,81+5
+ 119,661+
“
61+5
“___ * 3»9Q8

-l*9l*, 517

+5,879,921

22, 91+2,621

+ 69,395

*h, 110,299

Hi. 759,99Q'
' • 687,287
1, 297, 666"
1+76,332

-59li,2l+5
+3I+0, 0li7 '
+ 28,706
+ 35,626

17, 221, 325.

- 139,866

L I A B I L I T I E S
Federal Reserve notes
Deposits t
member bank-reserve account
U .S .T rea su rer-gen era l’ account
Foreign
Other
T otal deposits
D eferred a v a i l a b i l i t y items
Other l i a b i l i t i e s in clu din g
accrued dividends
TOTAL LIABILITIES ,
C A P I T A L

12,781
l+l, «693, 760.

-376,621++

+

'679,236
1*26,720
279J411*
75,868

+1|,602,1+10
'+
•86,336

638

573

-1*96,1+57

+5i,8.00,118

+

+

A C C OUN T S

C a p ita l paid in
Surplus (S e c tio n 7)
Surplus (S e c tio n 13b)
Oth'¿r c a p ita l accounts
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
R atio o f gold. certjLfic.ate re,seryes to
d ep osit and F. R.' note l i a b i l i t i e s
combined
Commitments to make in d u s tr ia l loans




•1,517,033'

'+

169,1*51*
228,153
• 27,165’
106, 1*29

113
m
mtm
«ftHi
+ 1,822

l+2,22i+,9ol

-1+91+, 517

1+5.1%
5,391

+
+

,lfc
30l+

11.29U
1*0,056
200
28,253
,879,921

m
m
+

10. 1#
1,192

Form F. R. 283b
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JUNE 2?, I 94.5
( I n thousands o f d o lla r s )
A S S E T S

Gold c e r t i f i c a t e s
Redemption fund for
F . R# notes
Total gold c e r t i f i c a t e
reserves

Total

' Boston

New York

17,1+07,210

976,225

4,627,580

¿99,358

46,075

131,935

18, 106,568 1022,300

Phila.

Gleve.

Rich.

997,880 1380,503

933,052

62,916

51,180

4,759,515 1045,932 1443,419

984,232

48,052

Atlanta

889,603 3,118,793
40,883

216,551;

19,284

32,241

18,877

22,^88

14,350

19.557

Discounts and advances
Industrial loans
U. S.Govt, secu r itie s:
B ills
C e r tific a te s
Notes
Bonds

202,^69
3,293

2,035
128

137,159
7

7,250
2,403

11,025

6,450
85

150

12, 972,118 713,174
5,924,011 409,588
1,683,950 • 116,428
1,112,642
76,928
■_

3,722,914 682,.281 1025,601
1, 465,521 458,112 571,433
416, 587' 130,222 162,436
86,042 1.07,327
275,253

.

719,582
378,864
107,695
71,158

—

124,638

930,436 3243,431

Other cash

—

Chicago St. Louis

2 7 ,4 ^
2,550
275

Minn. Kans.Cy.

Dallas SanFran.

678,329 366,108

657,783

16,259

28,898

382,367

686,686

4,636

12,276

10,178

300

3,175
15

75

33,717
712,046
9,775
22,600

mm mm

531,178 2250,171
19,846

94,959

551^024 .2345,130
25,343 •
9,700
375

435,486 .272,241 478,265 361,902 1595,794
665,337 2299,541
306,602 740,108
290*297 160,636 .289,423 '256,488 596,939
82,520 45,662
72,908 169,685
82,271
87,155 210,331
57,586 139,-006 • •54,524'' 30,170
48,173 112,116
54,359
.

Total U, S# Government
s ecu ritie s

21, 692,721 1316,118

5,880,275 1356,657 1866,797 1277,299 1116,680 3389,036

862,827 508,709

904,318

739,471 2474,534

Total lo&ns and
securi-ties

21,898,483 1318,281

6,017,441 1366,315 1877,822 1283,834 1116,830 3391,861

885.427 509,009

907,508

739.546 2484,609

,

Due from ,foreign banks
110
jF.R. notes o f oth er banks
8l|f 2Q3
Uncollected items
1, 829,422
Bank premises
34,094
Other assets
55,447
TOTAL ASSETS




‘8
5.928
132,325
1,582
4,c45

1/ 36
U . 158
386,551
8,803
• 12,409

10
3,644
103,189
3,385
4,025

10
4,881
184,501
4,045
5,143

5
5,839
139,322
2,818
3,527

4
8,271
100,729
1,590
3,030

15
9,482
290,024
3,139
8,115

42, 224,961 2503*753 11,230,154 2545,377 3542,409 2433,927 2180,477 6973,536

4
6,855
75,565
2,092
2,753

3
2,340
42,790
1,242
1,565

3
5,725
85,030
2,632
2,733

3
3,377
69,093
866
2,565

9
14,283
220,303
1,900
5,537

1^4,517 944,452 1702,593 1376,652 5097,114

l / A fter deducting $74,000 participations of other Federal Reserve Banks*