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Form F. R. 2S3 STATEMENT FDR TI-IS PRESS Released for puolicv.t. 011 Friday morning ? June 6; not ear.iier, Board of Governors of the Federal Reserve System June 5. 19-41 CONDITION OF THE FEDERAL RESERVE BANKS During the v/eek ended June 4 member bank reserve balances decreased $548,000,000« Reductions in member bank reserves arose from increases of $531 ,000,000 in Treasury deposits with Federal Reserve Banks, $100,000,000 in money in circulation, and $8,0C0,000 in Treasury cash, offset in part by increases of $9,000,000 in Reserve Bonk credit, $6,000,000 in gold stock and $3,000,G0i; in Treasury currency and a decrease of $75,000,000 in nonmember deposits and other Federal Reserve accounts. Excess reserves of neuber banks on June 4 were estimated to be approximately $5,410,000,000, a decrease of $410,000,000 for the week. Changes in neuber bank reserve balances and related items during the v/eek and the year ended June 4, 1941, were as follows: increase or decrease since June 4, .1941 May 28« 1941 June 5, 1940 (in millioris of dollars) Bills discounted U. S. Governnont direct obligations U. S. Government guaranteed obligations Industrial advances (not including 12 raillion comnitments - June 4) Other Reserve Bcaik credit 2 2,179 5 — — 2 - 1 288 5 4 0y 45 + 1 + 10 + Total Reserve Bonk credit Gold stock Treasury currency 2,240 22,579 3,136 + 9 + 6 + 3 - 290 +3,298 + 128 ¡¿ember bank reserve balances Money in circulation Treasury cash Treasury deposits vritk F. R. Banks Nonmenber deposits and other F. R. accounts 13,201 9,394 2,22S 993 2,137 -548 +100 + 8 +531 - 75 - 186 +1,676 + 24 + 685 + 936 Fox'1:’?. 2. 283- a Released for publication Friday morning, June 6 5 1941; not earlier. STATrI.:E.'T OF 00HDITI01I OF THE TTJELVE FEDERAL RESERVE BAIJKS C0MBI1JED (in thousands of dollars) Increasee or decrease since June 5, May 28, June 4, 1940 1941 1941 ASSETS Crold certificates on hand and +3,26l,233 - 2,002 due from U. S. Treasury 20,314,730 546 Reder.ption fund - F. R, notes 9,944 + 395 Other cash - 22,963 - 71,953 276,625 Total reserves +3,138,739 - 24,575 20,601,299 Bills discounted* Secured by IJ. S. Gov't obligations p direct and guaranteed Cthor bills discounted Total bills discounted Industrial advances U. 8, Government securities, direct and guaranteed* Bonds liotes Total U. S. Government securities, direct and guaranteed Total bills and securities Due fr.n foreign banks P. 11. notes of other banks Uncollected items Banlt premises Other assets TOTAL ASSETS L I A B I L I T I E S F.R. notes in actual circulation Deposits 1 '’ .ember bank - reserve account U. S. Treasurer - General account Foreign Other deposits Total deposits Deferred availability itens Other liabilities including accrued dividends TOTAL LIABILITIES c a p i t a l - 2,191 43 208 658 + 2,239 573 366 352 1,363,300 820,300 — + - 2,184,100 — - 293,020 2,194,752 47 24,554 — 1,666 - 294,238 832. + 53,52.3 51 - ____32 + 5,683 + 208,835 1,543 - 12,614 oc,c,Xo no, c.Ap 51j7C2 16,805 309,825 23,794,584 + 26,317 +3 , 094,862 6,534,194 + 74,134 +1,468,955 -547,385 +531>393 + 3,615 - 78,169 - 90,541 - 135,203 + 684,937 + 789,480 + 113,802 +1,403;016 13,201,494 993,072 1,243,661 O 1 O^ -vi\lH.aL-A -is32 16,046,350 836,731 + 42,900 + 204,442 5,312 23,422,637 r___joo + 26,243 ±____ . J £ +3,076,448 140,311 157,065 26,785 47,786 23,794,584 + + + a c c o u n t s Capital paid in Surplus (Section 7) Surplus (Section 13’ o) Other capital accounts tot a l LIABILITIES AITD CAPITAL ACCO'JflTTS Ratio of total reserves to deposit and F.R. notes liabilities combined Commitments to make industrial advances 1,242 674 1,916 8,736 91.25b 12,272;. — — 27 + 47 + 26,317 - .1% 70 4,146 5,345 54 + 8,977 +3,094,862 + + 2.8% 3,444 Form F. R. 28'3-b STATEI.IEIIT CF OOHDITIOK OF THE FEDERAL RESERVE BAHI'S Olí JU1TE 4, 1941 (ln thousands of dollars) ASSETS Total Boston Kew York Phila* Cleve. Rich, Atlanta Chicago St.Louis Him;, Knno.Or» Dallas San Fran, 3old certificates on hand and due from U.S. Treasury 20,314,730 1,196,414 9,133,152 1,156,090 1,502,165 656,897 448,9?4 3,297,824 501.34a 329,778 400,887 305.149 1,965,599 Redemption fund - F.R.notes 9,944+ 394 1,697 832 689 1,906 897 1,033 '/00 156 'l54 'PJö 9/1 Other cash 276,625 19,627 57,727 22,684 16,575 16,975 23,873 37,642 17,251 5,746 15,335 13,983 ,rx',202 Total reserves 20,601,299 1,216,435 9,192,576 1,179,606 1,519,4-29 675,778 473,704 3,336,499 579,492 335,680 476,376 ;19,932 1,295,742 Bills discounted! Secured by U. S. Gov't obligations, direct and guaranteed 1,242 135 644 175 100 68 — — 55 20 35 10 — Other bills discounted 674 19 171 45 33 — 3 60 — 139 151 43 Total bills discounted 1,916 Industrial advances 8,736 U. S. Qovoriuieiit securities, direct and guaranteed: Bonds 1 ,363,800 liotes 820,300 154 771 315 1,727 220 3,340 98,544 59,273 389,312 234,163 103,110 65,027 136,462 75,859 59,247 35,637 Total U. 5. Gov1t recurities, direct and guaranteed 2,134,100 157,817 623,475 173,137 T o t a l . .seei^ties 2,194,752 153,742 Due fror. foreign barks A7 3 F. R. notes of other banks 24,554 532 Uncollected itercs 882,132 84,858 Bank precises 39,966 2,810 Other assets 51,732 • 3,549 62.6,017 18 1,642 201,077 9,779 13,932 176,697 5 1,356 63,056 4,653 4,317 TOTAL ASSETS 133 349 58 276 — 217 156,506 63,283 94,136 33,062 41,173 66,277 54,979 24,769 39,363 33,068 114,043 63,596 218,541 121,486 94,334 250,64-2 101,345 65,947 106,140 33,047 132,639 219,023 122,407 95,125 4 2 2 1,795 5,451 3,344 104,518 76,302 28,391 4,525 2,593 1.973 5,618 3,136 2,213 251,054 101,4-00 6 1 * 3,177 1,959 126,912 56,636 3,012 :.;,300 5,634 2,262 66,503 106,547 83,331 1 , 1 936 1,054 633 21,29° 36,142. 31,559 1,355 2,964 1,139 1,618 2,453 2,321 182,356 4 2,675 51',432 2,810 4,679 32,079 68 853 45,627 8 233 60 352 55 — 159 397 136 221 23,794,534 1,466,929 10,045,091 1,429,690 1,354,912 835,674 604,752 3,726,294 744,050 4-27,391 625,557 444,066 1,540,198 *Less than $500 Forn F. R. 283-c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BAUKS OK JUNE 4, 1941 (In thousands of dollars) L I A B I L I T I E S Total F. R. notes in actual cir culation 6,534,194 Deposits» Lîenber bank-reserve acct.13,901,494 U.S.Treasurer-General acct. 993,072 Foreign 1,243,661 Other deposits 60S,123 Total deposits l(-,046,350 Deferred availability items 836,781 Other liabilities including accrued dividends 5,312 TOTAL LIABILITIES c a p i t a l Chicago St.Louis ¡.linn. Kans*Cy. Dellas San Fran. Piiila. 538,272 1,733,187 450,609 603,606 309,122 217,879 1,402,793 245,107 169,549 2.20,192 105,714 538,164 678,631 6,440,246 73,252 394,604 58,997 701,145 11,544 474,075 706,420 71,330 81,849 21,234 956,264 404,055 286,456 1,896,718 339,761 169,471 986,623 235,217 68,859 35,062 23,321 138,403 50,74-2 35,806 40,773 20,664 77,630 36,2.83 29,533 101,256 25,314 18,564 ,74.4-70 24,470 16,952 8,819 6,368 5 ,254 14,182 6,878 7 f007 4,197 801,632 32,256 64,150 31,613 822,424 8,010,070 80,061 171,849 880,833 1,119,705 484,219 345,670 : 141,631 429,999 230,719 358 ,073 292,548 63,286 96,674 75,997 27,434 133,686 57,002 17,271 35,019 34,171 929,651 44,331 458 1,563 573 Cleve. Rich. Atlanta New York 544 403 153 570 180 152 192 198 326 23,422,637 1,441,330 9,916,669 1,395,186 1,820,529 869,741 591,14*4 3,670,680 732,288 417,691 614,276 432,631 1,512,472 a c c o u n t s Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Conr.itnents to nake indust advances Bills discounted Industrial advances U. SiGovernEient securities, direct and guaranteed Boston 140,311 157,065 26,785 47,786 9,353 10,906 2,874 2,466 51,589 56,447 7,070 13,3-16 11,902 15,144 4,393 3,065 14,484 14,323 1,007 4,569 5,439 5,247 3,244 2,003 4 ,80o 5,725 713 2,364 14,928 22,824 1,429 0,433 4,295 4,925 533 2,009 3,002 3,152 1,000 2,546 4,516 3,613 1,130 1,924. 4,270 3,974 1,263 1,928 11,727 10,785 2,121 ...3,093 ,794,584 1 ,466,929 10,045,091 1,429,690 1,854,912 885,674 604,752. 3,776,294- 744,050 427,391 69.5,537 *'•44,066 1,540,198 _11 "1 1,611 12,272 172 6 ¿fC 2,291 1,744 1,096 364 40 1,164 21 3,731 MATURITY DISTRIBUTION 1OF BILLS A1:© secu ?.:ITIES 2 Years to Over 31 to 6l to 91 days to 6 rjonths 1 Year l6 to Within 5 Years 5 Years 60 days 90 days 6 months to 1 Year to 2 Years Total 15 days 3P. Aqys, 1,916 8,736 2 «184n100 1,346 1,4-73 80 270 120 515 148 333 217 800 1,491 127,800 5 1,472 2,382 136,300 686,400 1,233,600 Fora F„ R. 283-d FEDERAL RESERVE HOTE ST/.TEHEIIT Oil JU1TE 4, 1941 (In thousands of dollars) Total Boston list; York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas Sar. Fran. Federal Reserve notes 1 Issued to F.R. Bank by F. R. Agent 6,035;3 31 556,759 1,817,879 467,611 627,195 324,353 234,379 1,434,618 258,751 174,0C0 229,749 115.^70 594,587 Held by Federal Reserve Bank 301,137 18,487 84,692 17,002 23,589 15,231 16,500 3V825 13*644 4,531 9,557 9,656 56,423 In actual circulation 6,534*194 538,272 1,733,187 450,609 603,606 309,122 217,879 1,402,793 245,107 169,549 220,192 105,714 538,164 Collateral held by agent as se~ curity for notes issued to bank: Gold certificates on hand and due from TJ. S. Treasury Eligible paper Total collateral 6,971,000 570,000 1,835,000 4 0,000 630,000 350,000 240,000 1,460,000 269,000 177,000 235,000 121,000 604,000 1,642 154 815 220 — 68 — — 55 159 171 — — 6,972,642 570,154 1,835.815 4a0,220 630,000 350,068 240,000 l,460,;Y-0 269,055 177,159 235,171 121,000 604,00 0
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