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Form F. R. 283
STATEMENT FOR THE PRESS

Released fo r p u b lica tio n
Friday morning, March 16;
not e a r lie r *

Board o f Governors
o f the Federal Reserve System
March 15, 1945

CONDITION OF THE JfSDERAL RESERVE BANKS

During the week ended March 14, member bank reserve balances increased
$251,000,000. Additions to member bank reserves arose from an increase o f
$146,000,000 in Reserve Bank c r e d it and decreases o f $22,000,000 in Treasury
d eposits w ith Federal Reserve Banks and $99,000,000 in nonmember deposits and other
Federal keserve accounts, o f f s e t in p a rt by an increase o f $14,000,000 in money in
c ir c u la tio n . Excess reserves o f member banks on March 14 were estimated to be
approximately. $1,000,000,000»
Holdiiigs. o f Joajis,. discounts and advances decreased $49,000,000 w h ile hold­
ings o f UnitedoStat'es Government s e c u r itie s increased $226,000,000 r e fle c t in g a
lik e in crease in b i l l s *
Changes in member bank reserve balances and re la te d items during the week'
and the year erfde’d Marfth 14, 1945» were as fo llo w s s

Increase or decrease
since
Mar. 14,
1945

Mar. 7*
Mar. 15,
1945
___1944
**«
( Ifi m illio n s ,of d o lla r s )

U. S* Government s e c u r itie s
Loans discounts, and advances
Other R eserve’ Bank c r e d it '

19*576
259
461

T otal Reserve Bank c r e d it
Grold stock
Treasury currency

20,296

¿ember bank re s jrv e balances
TUo>*oy in c ir c u la tio n
Tr';c.?ury cash
Treasury deposits w ith Ft R# Banks
Nonmember deposits and other Ft Rf accounts

14,459
25,878
2,364
266
1,902




20,453
4 ,12 0

+
-

226
-49
30

+ 7,466
+
184
4

+
-

146
l
l

+ 7,653
- 1,217
•+
31

+

251
14
l
22
99

+.1,754
+ 4,372
+
22
+
I 89
372

+
-

STATEMENT JF CONDITIJN )F THE FEDI-:pal REoE'iVE BANKS 3N MARCH 11+, 1945
(In thousands o f d o lla r s )

Fami F. R. 2d3c
L I A B I L I T I E S

T otal

B ''ston

New York

P h ila .

C leve.

A tla n ta

Rich-

Chicago StJLouis

*

Dallas SanFran.

320 ,505

556,515 2772 ,241

Minn* kans

Federal Reserve notes
22,289,360 1395,578
Deposits ;
Member bank-reserve, acct
,097 658,885
li *S. T reasu rer-generai a c c t* 265 ,589
12»455
Foreign
81,180
31, 249,985
other
4,182
235,953

4 , 962.,941 1472,012 1949,020 1510,885 1311^+76 4098,615 ■950,773 488,799
4,633,940
73.901
1/500,626
139,151

709,982 1127,422
27,008
18,317
102,819 101,651
10,250
4,453

6l8 *378
18,594
49,073
3,018

654,591 2165 ,088
12 ,360
27 ,691+
40 ,894 151,892
3,500
4,524

545,367 317,547
9-899
23,095
■35,052 26.673
2..136
11>319

660,835
16,035
35,052
5 , 21+7

644,990 1721,572
18,092
8,139
38,321
35,052
3,263
44,905

Total deposits

835,571 1266,331

639,563

711,345 2349,193

6 l4 ,j5 3 356,1+55

717,169

701,4c/ 1363,437

16, 209,624

756,702

5 ,347,618

Deferred a v a ila b ilit y it e m s l>705*718
Other l i a b i l i t i e s in clu d in g
accrued dividends
9,519

141,775

333,907

97,514

171,690

130,001

116,754

272,652

80 r12i+

35,821

37,549

66,456

171,475

746

2,550

696

989

493

407

1,3144

448

255

371

316

904

TOTAL LIABILITIES
Capital paid in
Surplus (S ectio n 7)
Surplus (S ectio n 13b)
Other c a p ita l accounts
TOTAL LIABILITIES AND
CAPITAL ACCOUNTS
Commitments to make
in d u s tria l ioans

ko ,2l4 ,221 2294,801 10,61+7,016 2405,793 3338,030 2330,942 2139,982 6721,309 161.6,178 331,330 1625,594 1324,639 4808,057
15,018
5,348
5,233
19,788
3,650
6,053
5,585
59,020
10,174
12,556
6,736
16,714
166,735
6,025
6,196
33,201
15,8997
,0l+3
4,950
19,872
7,936
7,313
15,239
34,903
228,153
1*,071
2 ,142
4,468
762
1,307
2 ,880
3,290
1,429
527
1,137
27,165
1 ,073
1,007
7,143
7,438
4.178
3,704
9,926
12,165
4,902
5,976
3,159
16,590
4,763
. 83,229
5,417
4,431
i±0,7l9»503 2327,996 10,315,472 2448,665 31+34,748 2354,198 2159,501 6788,392 1663,1+72 394,742 161+2,1+53 1341,310 4343,554

-—

3,343

2,237

20

1+00

-r-

--

—

55

F. R* notes outstanding
22 ,92Ì4,501 11+32,806 . 5,134,071 1510,219 1996,802 1541,425 1356,168 4159,554 991,082 1+98,016
•
C o lla te ra l fo r F. R, notes
held by F. R. a gen ts:
Gold c e r t i f i c a t e s *
10,730,350 595 »000 2, 920,000 610,000 8I+9 ,000 615,000 . 615,000 1980,000 375,000 183,350
---- ' 15,700 11,500
—
E lig ib le paper
——
10 ,1+20
235,104
160 ,004
6,565
'8,175
U*S *Govt• s e c u r itie s
12,577,482 900,000 2 ,200,000 900,000 1150,000 950,000 «750,000 2200,000 807,432 310,000
MATURITY D ISTRIBU TIV-)F LOANS AND S¿¡CURITIss
Total
Discounts and advances
In d u stria l loans
U. S. Government
securi tie s



255,195
3,992
19,576,163

W ithin
15 a&j s

l6 to
30 days

189,445

31,975
30

3,336

31 to
60 days ,
13,700 ‘
6•

6 l to
90 days
20,075
■2

91 aavs to
0 months
<
10

—

--

341,929

585,587 2876,922

320,000
22,740
525,000

239#000 1424,000

—

385,000 1500,000

1 to 2
years

2 to 5
^ears

--

--

608

----

----

6 months
to 1 ¿'.ear

631

,
343-200
1 ,302,290 2 , 3l ’6 .521
1+,226,361
1+,507,050
2,524,1>51
2,,898,118
1/ A ft e r deducting $ 7I+5 ,1+40,000 p a r tic ip a tio n s o f other Federal!_ Riserva1 Büüks .

619,002

Jver
5 ¿ears

-———
006,370

Porn P. R. 283a
Released for publication Friday morning, March 16,.1945? not e a rlie r,
STATEMENT OP CONDITION
OP THE TWELVE FEDERAL RESERVE BANKS COMBINED
(I n thousands of d o lla rs )
Increase or decrease
since
Mar. Ill,
1945

Mar. 15,
1944

Mar. 7,
19U5

A S S E T S
Gold c e rtific a te s
Redemption fund - P. R. notes
Other cash
Total reserves

17,653,365
642, 461*
250,080
18, &5,909

+

+
+
+

2,000

-1 , 581,960

1,525
509*

♦ 372,625
■
71,997
-1,281,332

4,025

49,^21

189,900

Discounts and advances
In dustrial loans
U. S. Govt, sec u ritie s:
B ills
C ertificates
Notes
Bonds

11,967,230
5,410,.511
1,066,350
1, 132,072

+225,931'

•Total U. S, Government
securities

19,576,163

+225,931

+7,465,763

Total loans and. securities

19,835,350

+176,732

+7,649,361

Due from foreign banks
F. R., .notes of ‘other banks
Uncollected items
Bank premises
Other .assets

116

TOTa L ASSETS
L I

a

BILIT-

Total deposits
Deferred a v a ila b ilit y items
Other l i a b i l i t i e s including
accrued dividends
TOTAL LIABILITIES

+

222

+

-

+5,307,451
+2,562,871
9k,9lh

-

-

+ 4,879
+269,230

1
-

■ 437

6,302

+
+

309, 6^5

20
1,089
72,432

630
3,5?2

40,719,503

+45b,428

+6,442,244

22 , 289,360

+ 24,363

+4,793,256

14,4.59, .097
265,589
1,248,985
235,953
16,209,624

+251,306
- 22,760
+' 42,311
-143,047

+1,754,381
+ 138,919
- 291.347
- 145,874

+ 127,810

+1,506,079

1,705,718

+299,807

+

68,898

+

+

1,834

9,519
• 40,214,221

333

+452',813

+6,375,067

+

+
+
+
+

ACCOUNT S

Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts
TOTAL LIABILITIES AND CAPITnL ACCOUNTS
Ratio of to ta l reserves to deposit
and P.R.note l i a b i l i t i e s combined
Commitments to make in d u strial loans




74,359
2,166,444
34,391
*62,934

-

IES

Federal-Reserve notes
Deposi-te»
Member bank-reserve- account
U.S. Treasurer-general account
Foreign
Othe.r

C A P I T A L

255,195
3,992

166,735
223,153
27,165.

83,229

40,719,503
48,2%
3,343

88
*m +

—
+ 1,527
+45ii,428
-

.2fo

224

10,281
40,056
200
16,640

+6,442,244
-

13
5,519

Form F. R. 283b
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS CN MARCH 14, I 9I+5
( I n thousands o f d o lla r s )
A S S E T S
T o ta l

Boston

New York

Gold c e r t if ic a t e s
17,653.365
Redemption fund-F.R.notes
642,464
Other cash
250,080

868,336
41,938
21,898

T o ta l reserves

18 , 545,909

Discounts and advances
In d u s tr ia l loaras
U. S. Govt* s e c u r itie s !
B ills
C e r t ific a t e s
Notes
Bonds

C leve.

Rich.

1*,877*366
117,479
60,106

927,587 1312,735
45,354
57,575
19,820
20,964

976,030
50,048
14,199

932,172

5,054,951

992,761 1391,274 1040,277 1054,528 3386,146

255,195
3,992

10,420

160,004
10

1 1 , 967,230
5 , 4 10 ,511
1 , 066,350
1 , 132,072

695,271
371,981
73,313
77,831

194

3,186,177
1,345,945

265,269
281,619

P h ila .

6,565
2,886

12,350

8,175

308

119

736,224 1077,589
409,617 513,946
80,731 101,294
85,707 107,537

654,528
346,744
68,339
72,551

A tla n ta

Chicago S t.Lou is

994,702 3246,285
37,890 111,572
21,936
28,289

700
- -

6,595
- -

568,908 2010,717
273,504
53,905

57,227

Minn. Kans.Cy.

636,551 345,068
32,318 15,666
10,491
4,835

620,474
27,396
.12,663

679,360 365,569 . 660,533
15,700
- -

11,500
- -

22,740
25

708,873
139,711
148,322

498,735 264,155
25b , 237 146,272
50,107 28,829
53,195 30,605

468,285
265,860
52,397
55,627

D allas SanFran.
509,045 2339,186

20,368

84,86o

9,325

25,554

538,738 2,449,600
346
- -

100

450

398,791 1407,850
548,321
108,068
44,387
47,122 114,729

225,211

T o ta l U.S* Government

T o ta l loans and
s e c u r itie s

19 , 576,163 1218,396

5,079,010 1312,279 1800,366 1142,162

953,544 3007,623

856,274 469,861

842,169

715,511 :2178,968

19 , 835,350 1229,010

5,239,024 1321,730 1813,024 1150,456

95U,244 3014,218 .871,974 481,361

861*, 934

715,857 :2179,518

Due from fo r e ig n banks
116
F.k. notes o f other bar
:s . 74,359
U n collected items
2,166,444
Bank premises
34,391
Other assets
62,934
TOTAL ASSETS




9
2,586

158,191
1,601
4,427

1/

29

12

12

13,499.
484,588
8,858
14,523

2,691

4,454

123,479
3,433
4,559

215,901
4,082

6,001

6
5,767
1-50,979
2,838
3,875

5
7,758
137,898

18
8,864

4
5,474

366,965

1,604

3,161

101,360
2,105

3,464

9,020

3,195

3
i,9l*7
42,945
1,249
1,668

4
3,9^2
107,297
2,649
3,094

4
3,200
79,996
886

10

14,177
196,845
1,925
2,629 ___ 6,479 ...

40,719.503 2327,996 10,815,472 2448,665 3434,748 2354,198 2159,501 6788,392 1663,472 894,742 1642,453 1341,310 4848,53b
1/ A f t e r deducting $87, 000 p a r tic ip a tio n s o f other Federal Reserve Banks.