The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
F on tF . R, 283 STATEMENT FOR THE PRESS . Released fo r pub lic a tio n Friday morning, Iviarch 3» not e a r lie r . Board o f Governors p f the Federal Reserve System liarch 2, 1944. CONDITION OF THE FEDERAL RESERVE BANKS During the week ended March 1 member bank Reserve balances increased S271 »00.0,000. Additions to member bank reserves ^rose from decreases o f £506,000,000 in Treasury deposits with Federal Reserve Banks and $132,000,000 in nonmember deposits and ether Federal Reserve accounts, o ffs e t in part by decreases o f $198, 000,000 in Reserve Bank’ c re d it and $30,000».00,0 in gold stock and increases o f $127,000,000 in money in circu la tio n and $14,000,000 in Treasury cash. Excess res'erves o f ’member banks on March 1 were estimated to be approximately' 51,200,000,030. ' • There was a decrease o f $19^,000,000 in holdings o f United States Govern ment se cu ritie s. B ills decreased .$217,030,000 and notes $2,003,000, while c e r t i fica tes increased $24,300,000 and bonds $3»000, 000. Changes' in member’bank reserve .balances and related items during the week and "che year ended Burch' 1, 1944» were as fellow s: ' Increase’, or decrease since liar. 1, -19W . ' Feb . 23, I9W1 iVi•-r. 3, 1943 (In mi 1.1i ons o f doll.-rs) Tot'--.l Reserve Bunk c re d it Gold stockTreasury currency ¿'»ejvber bank reserve balances ko.nsyin circu la tion • -: Treasury cush- . Treasury deposits with F, R, Banks illc&meinber deposits and other F.R. accounts . 11,62447 1— 1 U. 8. Govti, securiti.es. ( i n c l , .guar, sec-.) Loans', discounts,►and »a^vtyaces'' v'ther Reserve Bunk cred it 12,042 21,712 . 4»09l 12,33c , 20,823 ' : ¿»350 140 2,152 + - + 192 10 4 +5,32h + 22 + 65 I98 30 1 +5,912 - 931 + 133 + 271 + 127 + 14 ' « 506 • - 132 555 +4» 669 + 133 + 126 + 74.' Fo»i F, R* 283° ST.iTEiuENT OF CONDITION OF THE FEDERAL RESERyE BANKS ON ¡¿ARCH 1, I9I+I+ (In thousands o f d o ila rs) Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St,Louis Minn. Kans.Cy. Dallas San Fran. 1166,376 3,828,1+38 1175,b08 l,5b0,202 1153,93b 986,199 3,256,118 71*1,566 391, 86b 638,925 1+25,701 2, 03b , 21k 17»338,9^5 L I A B I L I T I E S Federal Rajgerve notes Deposits': Member bank-reserve a cct. 1^ 379,736 U.S,Treasurer-general a c c t. 11+0,055 Foreign l,5 7b,b76 Other 21+0,066 582,296 b,lbO,9b7 23,580 2l+,6l2 105,099 1/628,065 3^715 lb 5 ,9 l9 609,832 8*327 136,7b0 5,2b5 958, 21+2 507,080 17,112 3,118 132,280 59,b52 5,953 b,203 532,327 1,857,685“ bbl,b97 281,912 572,572 510,310 1,385,036 796 38,115 9,2b2 3,919 1,371 537 9,326 b 7 ,562 18b,301 b6,075 32,699 b 3 .i0 3 b3,i03 115,997 2,823 3,379 _3b,771 6,977 6,330 10,978 9,782 Total deposits . lb ,3 3 b ,333 71b, 690 b,939,5b3 76o,lbb 1,113,587 573,853 587,662 2,086,b3l 507,792 328,312 619,869 557,320 15b 5,. 130 Deferred a v a ila b ilit y itemsj^^i^ y j 96,071 273,363 71,362 157,993 102,572 72, 15b 2ll+,302 61,197 26, 31b 98*553 1+2,755 138,696 Other l i a b i l i t i e s including accrued dividends 6,073 228 561 221 911 306 3b6 597 l,b92 b71 575 191M l. TCTa L l a b il it ie s * “ 33,035,188 1977,73b 9,ob2,836 2007, b75 2, 812,357 1830,665 I6b6,236 5, 558,262 1310,733 7b6,681 1357,698 3025,950 3,713,511 Capital paid in 156,310 9,371 57,717 11,823 15,379 6,280 5»5ijb 18,133 b,779 3,399 5,085 l+,737 13,008 Sui'plus (S ection 7) 188,097 13,206 70,012 17,859 16,026 5,236 5,725 -26,b90 6,330 3,669 b,55b b,831 l b ,159 Surplus ( Section 13b) 26,965 2,87b 7,092 b,b21 1,007 3,290 7b9 l ,b 29 530 1,000 1,137 1,307 2,129 Other ca p ita l accounts 65,227 3,271 l b , 277 3,995 3,05b b,750 b,222 io,b83 2,791 3,625 3,361 2.Q15 3,b6p TuTAli LIABILITIES AND CAPITAL ACCOUNTS 33,b71,787 2006,9 5 6 9 , 191, 93b 201+5,573 2,853,323 1850,221 I662,b76 5,61b,807 1325,213 758,37b 1371,8351C99,783 3,751,287 Cominitments to make in du strial loans 10,308 700 9 2,186 100 918 — — 16 -7 3,000 680 2,699 F. R, nrtes outstanding 17,3b5,280 1196,29b 3, 9b6,320 1200, 3Ü+ 1, 575,006 1180,276 1027,926 3,315,795 C olla teral for F»R.notes held by F.R.Agents t Gold c e r t ific a t e s 13,312,000 751,000 3,575,000 725, 0 0 0 1 , 176,000 775,000 750,000 2 , 560, :oo E lig ib le paper 32,133 1,090 16,753 6,790 — 3,b30 — — U.S,Govt, se cu ritie s b , 316,983 b50,000 1-00,000 b75,~00 boo, 000 b50,000 300,000 790,000 7 ^ ,1 6 7 399,132 656, 221+ 1+51,790 2, 127,036 boo, 000 230,000 b io , 000 286,000 l,6 7 b , ooo b,070 — b51,983 175,000 250,000 175,000 500,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES Discounts end advances Industrial loans U. S. Govt, secu rities ( i n c l , guar* s e c .) Total Within 15 days . 16 to 30 days 31 to 60 days 61 to 90 days 91 days to 6 months 37,110 * 9,919 31,872 8,93b 2,390 19 1,190 36 1,658 262 lb9 6 months to 1 year 355 1 to 2 years 2 to 5 years 118 b6 62b,b62 1 ,6 5 3 ,5b3 1,037,720 3,061,268 1,929,590 1,121+,600 202,000 821+.270 l / A fter deducting ^ b 5 , 287,000 pa rticip a tion s o f other Federal Reserve Banks. Over 5 years 50b , 021 l,237,b50 Form F, R* 283* 'Released for publication Friday morning, March 3.191*1** n0^ «wli«**» STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Mar. 1, 19W* Mar. 3 , 191*3 Feb. 23, 19U* ASSETS Gold certificates on hand and due from U« S« Treasury Redemption fund - F. R, notes Other cash Total reserves 19.303.570 21*2.11*2 31*8,656 19. 09^.368 ♦ - 7.505 21,61*9 12,1*05 16,71*9 - 9,393 21*8 -1,11*5,609 ♦ 205,910 25, 1*88 - 965.187 Discounts and advances Industrial loans U, S. Govt, securities* Bills Certificates Notes Bonds Total U, S, Govt« securities ( incl. guar, sec7) 6,31*7.051 2, 696, 21*0 09^.700 1,686,1*71 -216,987 ♦ 23,500 - 1,500 ♦ 3.21*5 ♦1*. 81*9.089 ♦1.907,365 - 282.860 - 61*8.861* 11.621*,1*62 -191.71*2 ♦5.821*. 730 Total loans and securities 11,671,1*91 -201*383 ♦5.81*6,985 Due from foreign banks F, R. notes of other banks Uncollected items Bank premises Other assets 136 7k, 517 1.726,1*83 35.022 69,770 399 ♦ 36,916 73 + 1-91*7 + 89 ♦ 31.081* ♦ 2ei*,230 1*,089 20,968 33.1*71,787 -179.71*1 +5.092,11*1* 17.338.91*5 +152.31*8 ♦1*, 666,858 12.379.736 11*0.055 1,571*.U76 21*0,066 11*. 331*. 333 1.355.837 ♦270.51*9 -506,233 - 17.285 -112,083 -365.052 + 32.927 + ♦ ♦ + 6,075 33.035.188 865 -180*61*0 + 1.359 ♦5.051.807 156,310 108,097 26.965 65*227 33.1*71,787 161 TOTAL ASSETS 37.UO 9.919 w mm ♦ 25,376 3.121 L I ABI L I T I ES Federal Reserve, notes Deposits^ Member bank-reserve account U«S.Treasurer*general account Foreign Other Total deposits Deferred availability items Other lia b ilitie s including accrued dividends TOTAL LIABILITIES C AP I T AL ACCOUNTS Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Ratio of total reserves to deposit and F.R, note lia b ilitie s combined Commitments to make industrial loans 62.8$ IQ, 308 m -1 79 .?U + ♦ 361* 555.036 125,828 723.195 1*9.587 2i*l*,l*00 139.190 ♦ ♦ ♦ ♦ 9.1*51* 27,686 136 3.061 +5.092. 11*1* 15.1# 1.933 fc'or* F. R. 283b STATEMENT OF CONDITION OF THE FEDER.iL RESERVE BANKS ON MARCH 1, I9UI* ( In thousands o f d olla rs) ASSETS Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Gold c e r t ific a t e s on hand and due from ü*S.Treasury 19,303,570 983,683 54*73.287 1051,110 1, 579*601 1038,005 1007,609 3,51*2,315 Redemption fund -F .R .notes p).p jj,2 20,082 21,251* 21*,306 22,71*1 21*, 361* 39.727 ll*,93li Other cash 21*, 621 18,253 19,208 62.388 31.21*3 87,li25 21*, 395 3U8 ,656 Total reserves Discounts and advances in du strial loans iJ. S. Govt, s e c u r itie s : B ills C e rtifica te s Notes Bonds I9.89li.368 1037.667 5.581,966 1099.869 1, 621*,30I* 1080,561* 101*1,751 3,61*1*,1*30 1,090 369 Minn. Kans.Cy. Dallas San Fran. 651,730 388,833 711.990 509,169 2,366,338 19,1*26 25,081 S,5ii5 12,086 9,596 33,878 13,151 7,781 12,199 9 ,H li 681*,307 1*05,159 736,175 527,879 2, 1*30,297 2,1*22 12 500 li,1*88 1*1*0,61*6 278,798 222,529 1,089,1*01 295,890 11*6,952 239,196 197,615 290, 291* 132,H*l 85,383 lliO,379 126,051 295,li 56 179,350 11*9,661* 98,01*1 59,681 96,330 1*9,66k 1*3»81*9 28,333 li6,582 1*1,826 181*, 801* 112, 1*96 93,611* 82,651* 53,ii05 87,801* 78,81*1 181,577 571,91*7 278,250 92,331* 17li, 01*6 500 107 1,500 1* 16,758 123 •6,790 3,916 iilU,096 2,027,139 206,419 601¿772 199,686 68 ,.14.96 129,113 376,1*00 1*22,81*2 210,531 69,878 131,717 818, 121* 3, 20!*,997 835,018 1,018,91*7 630,825 5l5,ii7l 1,657,602 55I*»53I* 3i l i ,073 513,961 lilil*,333 1,116,577 11,671,1*91 819,583 3,221,878 Jue from foreign banks 10 136 1 /1 * 9 F.R.notes o f other banks 1,570 9*936 7h, 517 U ncollected items 353.208 11*1 j 552 1,726,1*83 Bank premises 1,656 35,022 9,081 Other assets 15,816 1*,918 69,770 81*5.721* 1,019,377 12 . 12 2,196 3,1*23 I9l*,001 89.377 3.576 1**195 8,011 1*,819 63I*, 1*80 516,078 1,659,106 558,601* 31I*,338 513,991 1*1*6,767 1,121,565 11 1* 1* 1* 3 3,1*80 Hi,283 2,330 5,63ii 3,31*9 71,390 33,079 111,935 57,352 175.779 2,010 1,276 2,720 2,058 91*8 7,31*2 3,661 3,216 3,358 2,189 37,110 9,919 6,31*7,051 2, 696,.21*0 .89l|,700 1,686,1*71 Total U.S. Govt, s e cu ritie s ( i n c l . guar, s e c .) ll,62lt,U62 Total loans and s e cu ritie s TOTAL ASSETS 50 380 3,1*50 225 6 10,519 116,793 2,922 li,937 1* 8,353 90, 691* 1,61*6 3,950 17 9,1*1*1* 291,323 2,931* 7,553 *,070 ~ 265 30 33,1*71,787 2006,956 9,191,931* 20ii5,573 2,853.323 1850.221 1662,1*76 5,6ll*;807 1325,213 758,371* 1371,835 1039,788 3,751,287 l / A fter deducting Ç87,000 p a rticip a tion s o f other Federal Reserve Banks.
@FedFRASER