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Form F. R. 283
ST.iTE3.iEKT FOR THE PRESS

Board o f Governors •
o f the Federal- Reserve System
Ivarch 16, 1944

Released for publication
Friday morning, March 17;
not e a r lie r.

CONDITION OF THE'FEDERAL RESEkVE BANKS
During the week ended March 15 member bank reserve balances increased
'¿322,000,000. ' Additions to member bank reserves arose from an increase o f
¿205»000,000 in Reserve Bank cred it and a decrease o f 0192*000,000 in Treasury
deposits with Federal Reserve Banks, o ffs e t in part by increases o f V>1;3,000,300
in money in circu la tio n , $2,000,000 in Treasury cash, and $30*000,000 in nonmenber
denes its and other Federal Roserve accounts. Excess reserves o f member banks on
;..arch 15 were estimated to be approximately ^1,3^0,000,000«
There was an increase o f 081,000,000 in holdings o f United States Government
s e cu ritie s : notes increased $271, 000,000 and c e r t ific a te s $1^3*000, 000, while
bonds decreased 0255*000,000 and b i l l s ‘ 053,000.000.'
Changes in member bank reserve balances and relatod items during the waek
and the year ended I/larch 15, 1944* were as follow s:

Increase or decrease
since
March 15,
I9uii

Llarch 8*
' ' I9U1 '

karch 17
1943

(In m illions o f d ollars)
U. S, Govt* secu rities ( i n c l . guar, s e c .)
Loans, discounts, and advances
Other Reserve Bank cred it

12,110
75
U57

Total Reserve- Bank cre-dit
Gold stock
Treasury currency
Member bank reserve balances
¿loney in circu la tion
Treasury cash
Treasury deposits v ith F.R. Banks
Nonmember deposits and’ o th er' F.R.accounts




+
+

31
13

+

110

+ 205

12,705
21,006
2,342

+5*344
+
52
+
IiS

1

+5*944
- 94o+ 110

+ 322
+ 43
+ 2
192
+ 30

- 311
+4,891
.+ 118
+
71
+ 343

Jf'OXTÜ F. R. 233c

STaTEM'^T OF CONDITION OF THE FiSDEhAL RESERVE B^NKS ON ItnkCH 15, I9UU
(In thousands o f d ollars)
Total
Boston New York
Phila.
01^ve.
Rieh, xitlanta Chicago St.Louis
LIinn. Kans.Cy. Dallas Sun Fran.
17,ii9l,10l* ; i 70, 09l 3,975,225 1182,738 1,553,911 1163,1*65 995,1*27 3,275,565 71*7,367 396,081 61*2,223 1*26,21*0 2 , 062,721

L I A B I L I T I E S
Föderal Reserve notes
Deposits:
i.;..mbcr bank-resurvo aect. I2,70l*,7l6 609,216 1*,218, 070
61*1,017 977,366
U .S.Tre-surcr-gcnoral a cct.
76,670
1,075
58,803
753
1,030
foreign
•
1, 51*0,332 , 101,816’ 1/621,290
132,825
128,1*93
Other
xn-i 007 ‘ 3.83Q
28li.08li
ö .lö'ö
6.151
Total deposits
11*, 703, 51*5 715,91*6 5,182,21*7 780,765 1,113,51*0
Deferred a v a ila b ilit y :
187,566
379,115
92,91*3
lS 1,636,320 120,352
Other l i a b i l i t i e s in cli
O
accrued dividends
593
7,685
2,105
1*33
655
TOTa L LIABILITIES
33,039,151* 2006,987 9 , 1*38,692 2056,929 2,855,672
Capital paid in
9,373
11,330
15,898
57,752
156, 1*5!*
Surplus (se ctio n 7)
70,012
13,206
16,026
17,859
133,097
Surplus (S ection 13b)
7/092
l*,l*2l
2,871*
1,007
26,965
Other ca p ita l accounts
ll*,66l
3,361*
i*,186
8,201
66,539
TUT*JL LIABILITIES AND
C^iPIT^L ACCOUNTS
31*,277,259 2036,309 9,588,209 2095,225 2, 896, 801*
Commitments to .make in du strial
loans
3,362
700
9
1,39 5
70F.R. notes outstanding
C ollateral for F.R.notes
hold by F.R.Agents j
Gold c e r t ific a t e s
E lig ib le )apur
U.S.Govt, se cu ritie s

523,821

535,153 1,962,717 1*58,667 285,81*3 586,231 527,7& 1,373,351
1,037 71*6
831*
1,032
8,236
1,007
1,030
1,032
57,750
1*6,200
179,021* 1*1*,756
31,762 1*1,869 1*1,869
112,67?
3.573

586,131
121*, 531*

535,921* 2,11*7,706 522,51*9 328,1*91* 633,525 571*',062 1, 532,606
96,836
11*1*,976
21*5,3T7 70,1*93 35,31*9 81*,935 51*, 279
232

326

1,058

280

1,070

205

218

....505

1871*, 506 1678,1*19 5,669,716 131+0, 69!* 7 6 0 1361,805 1051*,799 3,710,808
13,032
6,276
1*,790
18,151*
5,557
1**790 3, 1*06
5,091
5,236
26,.1*90
6,330 3,669
il*, 159
5,725
1*, 55l* 4,331
2,129
.1, 1*29
3,290
530 1,000
1,307
71*9
1,137
10,625
■2,316 3,608
i+,838
3,57i?
1**285
2,979
3,337
l 89l*,ll+6 l69l*,735 5, 726, 1*11 1355,160 771,372 1375,972 1063,706 3,773,707
976

—

—

'

16

—

3,000

—

2,696

18, 061*,901 1197,979 1*,010,269 1216,307 1,597,131* 119!*, 1+99 101*1,673 3,339,'629 776, 6i*0 1*03,112 661, 1991*56,308 ¿ , 169,753
13, 05I*,000 751,000 3, 1*20,000
53,953
2,235
20,783
5, 132, 31*7 1*50,000
600,000

71*0,000 1, 098,000
—
17,375
500,000
l*75,ooo

775,000
6,000
1*50,000

750, 0..0 2 ,590,000 295,000 230,000 1*20,000 236,000 1, 6/ 9,000
- —
500
7,010
5go,oco
300,000
790,000 517, 31*7175*000 250, 000 175,000

LJiTURITY DISTRIBUTION OF LoANS x.ND SECUhlTIaS
«

Discounts and advances
Industrial loans
U. S„ Govt, se cu ritie s
(in c l* guar, see*)




Total

Within
15 days

16 to
30 days

65,295
10, 291*

1*9.997
8,1*58

12,190
383

31 to
60 days
2,1*33
517

6l to
90 days
675
290

9 I days to
6 months

6 months
to 1 year
- -

- -

132

31*6

1 to 2
yoars
- -

117

17,300
1, 271*, 700
921,990
12, 110, 1*00 1, 613,699
1 ,768,115
2,159,21*3
2,232,567
l/ A fter deducting $918,223,000 participation s o f other Federal Reserve Banks.

2 to 5
yoars
—
1,
971*, 195

Over
5 years
—
—
1,11*3,036

Form / . R. 233sReleased fo r p u blication Friday morning, ¡-¿arch

17, l 9Uu;

not ea rlier*

stat'&jSnt of cgnditici:
' of TH* TWBLVE f F3DJ3ki*L RLS3RVE BANKS COLIBINLD
(In thousands of d ollars)

* Increase or decrease
since
i;ar, 3,
19IU

liar« 17j
19U3

19, 235,325
269,039
322,077

- 22,500
’ + 23,U2o
- 6,757

- 1, 171, 31*1
+ 229, 00!*
68, 562

19, 327, 21a

- 5,337
+ 13, 1*00
+
$ik

- 1, 010,399

6,659,779
2,3147,61*0
1, 161,2 6k
1 ,M il,717

- 57,953
+122,600
+271, 561*
- 25l*,90l*
■

+5,353,723
+1, 051,865
+ 11*5,539
- 707, 11*1*
•

12, 110, 1*00

+ °.l,307

+5, 81*1*5033

12,165,989
136
75,khB
2 , 09k,012
35,321
59,lii2

+ 95,221

+.5, 896, 1*61

+
+ 7,662
+
+532,331
+
1
- 15,256 ■

51, 277,259

+611*, 370

+5,032,979

17,1*91,101*

+ 1*3,005

+1*,839 , 73 6

12, 7014,716
76,670
• 1,5^0,332
331,-12 7

+321,637
-192,11*1*
- 27,702
+ 1;1*, 7l*0

1U.703.5U5
1, 636,820

+11+6,531
+1:22, 1*1*6 .

- 810,936
+
70,603
+ 673,715
+ 119.330
+
52,662
+ 106,990

7,635
33,839,151

- 3,323
+613,659

1

A

har. 15>
19UU

+

+
+
+

3 S 3 T3

Gold c e r t ific a te s on hand and
due i'rom U, S. Treasury
Redemption fund - F. R. notes
Other cash
Total reserves
Discounts and advances
Industrial loans
TJ. S. Govt, securitj.es:
B ills
C ertifica tes
Notes
Bonds
Total U. S. Govt, secu rities
(in c l* guar, s e c.)
Total loans and secu rities
Due from foreign banks
F. K. notes o f other banks
Uncollected items
Bank premises
Other assets
TOTa L -*.SSiL(iD

65,295
10, 29b
.

+

55,102
2, 671*

' -89
12,985
155,01*7
¿*,090
i 6, 6ll*

L I A B I L I T I E S

76

3U,277,259

*
635
+511*, 370

6l.tr/o
8,362

,h%
1,571

-

00
O

-—

C
—
•k




156,1+51
188,097
26,965
66,539

CM

Federal Reserve notes
Deposits:
1{ember bank-reserve account
U. S. Tr er; sur er - gen e r a 1 ac c ount
Foreign
Othe r
Total deposits
Deferred a v a ila b ility items
Other l i a b i l i t i e s in clu d in g’
accrued dividends
TOTa L LIABILITIES
C P I I A L a UCC UK T S
Capital paid in
Surplus (S ection 7)
Surplus (S ection 13b)
Other capital accounts
TO'L.L LIABILITIES .JiD CAPITAL *iCC0UKT8
R^tio o f to ta l reserves to deposit
and F, R. note l i a b i l i t i e s combined
Commitments to make industrial loans

+];, 996,680
9,519
27,686
136
1, 01*2

+5,032,979
-

111. 755
3,367

Form F, R, 253b
STATEMENT OF CONDITION OF TH3 FEDERAL RiS.'.RVE BANKS
fin thousands o f d olla rs)

N LAKCH 15, I9UU

S S ET S
Total

3os.ton

How York

Phila.

Clove.

Rich.

stianta

Chicago St.Lcüis

Linn. Kans.Cy. Dallas San iVan.

a ana
Other cash
Total reserves
Discounts and advances
Industrial loans
U. S.Govt. se cu r itie s :
B ills
C e rtifica tes
Notes
Bonds

19, 235,325 1008,822 5,531,1*95 1103,629 1> 557,1*99 1032,306 1008, 699- 35,1*29,11*7
35,666
25,382
21*, 607
21*, 712
23,575
39,510
16,73U
s 269,839
30,263
22,
611*
21,
H
O
I;
20,096
29,765
57,689
16,997
322,077

593,307 365,197 717,531
3,768, 12,037
21*, 370
6,600 11,299
11,625

537,71*7 2, 31*0, 91*6
21*,928
9,550
33,232
10,093

19, 827, 21*1 1062,162 5,61*7,1*21* 1150, 01*0 1,605,1*95 I07I*, 015 101*5,529 j5,526,31*6 •634,302 381*, 565 71*0,867

557,390 2,399,106

2,000
30

670
375

6,000
217

1*1*6,685
6,659,779 375,016 2,177,732 367,11*9
2,81*7,61*0 218,032
312,156
63I*, 937 222,352
1, 161, 261* 88,915
258,926 90,675
127,298
1,1*1*1,717 110,383
321,1*58 112,571*
158, 01*1
Total U. S» Govt» secur it ie s
(in c l* guar, s e c .)
12, 110, 1*00 792,351 3,393,053 792,750 1 , 01*1*, 180

287,288
190,089
77,518
96,239

205,317 ]-,2 75,71*5 350, 1*95
158,219
306, 1*60 139,611*
61*,520
121*,971*
56,9^1*
80,102
155,156
70,631;

651 ,.131*

508,158 ]L, 862,335

¿17,727 336, 1*1*0 52li,301 1*30,521* ].,157,61*7

657,351

503,011* ]1,367,539

621*, 737 337,215 526,331 1*52,758 3.,162,655

Total loans and
secu rities

65,295
10, 29!*

2,285
359

20,733
123

12,185,989 79l*,995 3,1*13,959
L»ue from foreign banks
10
136
1/1*9
F.R.notes o f other banks
1,1
16
75,1*1*8
10,91*3
Uncollected items
2, 09l*, 012 172,31*6 ■ 1*92,637
Bank premises
35,021
1,656
9,031
Other assets
1*,021*
59,1*12
13,916
TOTal, AdSLTS




17,375
ll, 305

811*,1*30 1 , 01*5,225
■12
2, 1*22
120,731
3,576
1 , 011*

12
3,1*55
231,608
1*,195
6,811*

550
106

6
•
1*
7,1*58
8,1*91*
11*3,122 • 126,933
2,922
1,61*6
1*,272
3,315

5,203
1*

7,010
--

2, 1*22
12

500
1*,1*88

163,810 21*0, 1*27 175,336
90,191 11*8,308 133,216
36,778 60, 1*80 5I*, 326
1*5,661 75,086
67, 1*1+6

59U,?79
291*, 066
119,920
11*8,882

500
275

■ 17
h
• 3
■6,ool*
9,538
2,958
'313,738 • 3 5,-1*31; 1*1*, 080
1,276
2,057
2,931*
2,622
6,302
1,775

1*
U, 528
98,636
2//20
2,886

1*
2,892
71,511
91*8
5,1*05

ll
15, 61*0
183,256
2,010
6,069

51*,277,259 2036,509 9 , 588,209 2095,225 2, 896, 80!* 1894, 11*6 169U,735 5,726,1*11* 1355,160 771-,872 1375,972 1068,706 3,773,707
. l / .after deducting $87,000 p a rticipa tion s o f other Eed.er.al„ Kqserve Banks.