The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Form F. R. 283 STATEMENT FOR THE PRESS Released fo r p u b lica tio n Friday morning, March 22; not e a r lie r . Board o f Governors o f the Federal Reserve System March 21, I 946 CONDITION. OF. TJE. FEDERAL RESERVE BANKS D u rin g th e week ended March 20 member bank r e s e r v e b a la n c e s d e c re a s e d $ 1 7 9 ,0 0 0 ,0 0 0 , R ed u c tio n s i n member bank r e s e r v e s r e s u lt e d fro m in c r e a s e s o f $ 37 3,000,000 in T rea su ry, d e p o s it s w i£ h F e d e r a l R e s e r v e Banks, $ 30 ,0 0 0 ,0 0 0 i n nonmem b e r d e p r s it s and o th e r F e d e r a l R e s e rv e a c c o u n ts , and $ 7 .0 0 0 ,0 0 0 in T r e a s u r y ca sh , o f f s e t in p a r t b y in c r e a s e s o f $ 6 0 ,0 0 0,00 0 in R e s e rv e Bank c r e d i t and $ 1 1 ,0 0 0 ,0 0 0 i n T re a s u ry c u r r e n c y and a d e c re a s e o f $ 5 7 .0 0 0,00 0 in money in c i r c u l a t i o n . E xcess r e s e r v e s o f member banks on March 20 w ere e s tim a te d t o - b e a p p r o x im a te ly $ 88 0,0 00 ,0 0 0. H o ld in g s o f lo a n s , d is c o u n ts and advances d e c re a s e d $22 7,0 00 ,0 0 0 w h ile , h o ld in g s o f U n ite d S ta te s Government s e c u r i t i e s in c r e a s e d $ 1 9 9 .0 00 .0 0 0» The i n c r e a s e in h o ld in g s o f U n ite d S ta t e s Government s e c u r i t i e s r e f l e c t s an in c r e a s e , o f $29^ ; 0 0 0 ,0 0 0 in b i l l s and d ecreases, o f $4 4 . 00 0 ,0 0 0 in bonds, $3 3 . 000;000 in c e r t i f i c a t e s and $ 1 8 ,0 0 0 ,0 0 0 in n o te s . Changes i n member bank r e s e r v e b a la n c e s and r e l a t e d and 'the y e a r ended March 20, 1946, w ere as f o l l o w s : ite m s d u rin g th e week In c r e a s e o r d e c re a s e s in c e March 20. March 13, ( I n m illio n s U. S. Government s e c u r i t i e s ' Loans, d is c o u n ts and advan ces O th er R e s e rv e Bank c r - d i t 22, 5 9 2 T o t a l R e s e rv e Bank c r e d i t Gold s to c k T rea su ry cu rren cy 23,483 20,233 Member banic r e s e r v e b a la n c e s Money in c i r c u l a t i o n " T re a s u ry ca s h T r e a s u r y d e p o s it s w it h F .R , Banks Nonmomber d e p o s it s and o th e r F ,R ,a c c o u n ts 485 4o6 4 .4 6 7 1 5 .4 8 4 27,889 2,267 774 1 .7 7 0 March 21, 19 4 6 19 4 6 + + + + + + + + 194 5 o f d o lla r s ) 19 9 227 89 60 1 11 179 57 7 273 30 •f + • 3,099 '+ •k 3,310 4* + • + - 289 78 218 347 905 2,053 93 678 ;io 4 STATEMENT OF CONDITION OF THE FEDERAL fiESEJRTE BANKS ON MARCH 20, 1946 (I n thousands o f d o lla r s ) Form F. R. 283c L I A B I L I T I E S T otal _ Boston Mew York P h ila . C leve. Rich. A tla n ta Minn • Kans. Cy. Dallas SanFran. 54-9,577 392 ,918 595, 311* 3061,586 378,960 35,682+ 17,771 4-,4.30 766,396 56,781* 23,457 1,888 728,702+ 1993,258 36,310 63,258 22, 72+6 59,725 936 2+6,935 652,214. 1+36,895 82*8,525 788,696 2163,176 112,226 Chicago. St .Louis Federal Reserve notes 24,012,331 1447,641 5 , 286,1*06 1605,050 2035,216 1678,572 11*39,248 4-375,1*30 1045,365 D ep o sits: Member bank-reserve a c c t. 15,433,606. 700,111 4,762,979 781*, 909 111*2,788 675,926 738,003 2227,306 582+,266 U ,S .Treasu rer-gen eral a c c t. 773,934 '3 9 ,3 3 9 ' 188,525 52,950 78,650 58,652 32,751 96,618 34,413 Foreign 71*9,018 27,011 95,250 24,168 45,775 1/274,602 58,998 66,106 33,4-09 Other 1+81,4.54: . . . 3,012 2,680 4,870 9,367 387,573 3*397 9 ,l*l6 6,1*00 T otal d ep osits 17,488,012 788,237 5 , 615,679 D eferred a v a i l a b i l i t y items 1 ,982,1*52 Other l i a b i l i t i e s in clu d in g accrued dividends 11,575 164, 17.2 365,139 .855 3 , 122+ TOTAL LIABILITIES C apital paid in Surplus (S e c tio n 7) Surplus (Section. 13b) "Other p a p ita l accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Commitments to make in d u s tria l loans 180,970 353,355 27,428 41*,719 64,252+ 116,360 7;205 7,212 10,771 22,1*39 3,012 3,3l4l 800,42+5 2424,01*1* 130,427 190,161 168,046 159,598 264, 82+0 . 96,976 2+6,71*1 651 •1,088 523 459 1,970 1*12 715 ’ 4l2+ 88,359 195,767 1*21 9l*3 13,41+9 23,946 1*, 501 3,2*74 16 116 33î 745 1,007 3,954 7,570 15,593 3,326 3,1+03 6,730 ll* ,2+50 762 3,072 21,518 55,029 1,429 5À36 3,952 8,869 1,073 2,202 5,773 12,939 527 2,605 5,935 11,891 1,137 2,685 6,305 10,670 1,307 2,608 16,597 28,924 2,142 2+,727 42+, 105, 81+2 241*0 ,2+68 11,2+63,879 2637,260 3580, 22+7 2651,2+20 2i*24;764 7147,696 1316,811 1050, 02!* 1875,731 1493,680 5473,862 1+83,560' 1,529. 22,592,356 1,111 100 1,968 . 200 178 79 564,632 552,723 642+,223 3282,795 5,1*20,000 500,000 635,000 600,000 690,000 2010,000 500,000 " 3.70,000 285,500. 8,865 ---1* ,1+50 ...................... 37,250 5,3.50 2 , 000,000 1200,000 1550,000 1225,000 .850,000 2500,000 933,160 400,,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES 280,000 28,200 700,000 l 69,OOu 2100,000 410,220 1,382 1*,.35l+,393 . 300 , 5*09,730 1696, 82!* 2125,912 1773,024 1531,661 42*95,615 1114,342+ W ithin 15 days T o ta l 772*,387 1*3 ,1+94,570 21+00,905 11,268,51*8 2656,890 5525,1*25 2621,528 2399,750 7066, 281* 1791**967 1033,928 1852+;083 11+72,790 5421,472 F. R% notes outstanding 25-.l?5,?-U 1504,250 C o lla te r a l f o r F. 3. notes held by F. R. agen ts: Co 1d c e r t i f i c a t e s 11, 332;,000 460,000 E lig ib le paper 19,050 391,685 U* S* Govt, secu rities^ li* , 563,160 1100,000 Discounts and advances In d u s tria l loans U. S. Govt, s e c u r it ie s 900,752* 1296,960 16 to 30 days 31 to 60 days 6l to 90 days 91 days to 6. months 6 months to 1 year 1 to 2 years 3,020 500,000 1600,000 2 to 5 years 15,215 39,020 ^ 1,9 ,105 10 1 6 6 28 33 15 1*60 ,500 2 ,04.6,719 4 , 72+5,903 4,686,587 2 , 794,040 2 ,9l l f , 02i* l / A fte r deducting §4-72+, 118,000 p a r tic ip a tio n s o f other Federal Reserve Banks, Over 5 years 590,190 Form F* R. 203a Released fo r p u b lica tio n F riday norning, ¿larch 2 2 , 19I46; not e a r lie r * 'STxTEimH 'OF CONDITiON OF THE TWBLV3 FEDERAL RESERVE BANKS COMBINED ( Ixi thousands o f d o lla r s ) Increase or decrease since tiarcn 20, 19^6 March 21, 191*5 March 13, 191*6 A S S E T S Gold c e r t if ic a t e s Redemption fund fo r F# R. notes T o ta l gold c e r t i f i c a t e reserves 17,289,060 787,01*3 18,076,103 - 505 1.591 2,096 + 351,705 11*0, 31*6 - 211,359 Other cash 33:7,068 91*2 + 77,338 Discounts and advances In d u s tria l loans U. S# Govt, s e c u ritie s s B ills C e r t ific a t e s Notes Bonds 1*83,560 1,52.9 -226,985 13 + - 291,006 2,397 13,630,700 6,703,911* 1, 351*, 800 902, 91+2 4-293,588 - 32,500 - 17,900 - 1*3,950 +1,71+7,117 +1, 293, 1*03 + 288,1*50 - 229,130 T ota l U, S. Government s e c u r itie s ’ 22,392,356 +199,238 +3.099,81*0 T o ta l loans and s e c u r itie s 23, O', 7,1*1*5 - 27,760 +3,388,1*1*9 Due from fo re ig n banks F. R. notes o f other banks U ncollected items Bank premises Other assets 110 11*3,901 2, 388,190 33,22k 1*9,801 + 6,586 +161,158 10 - 7,590 + + 6 59,935 253,517 1,11*6 1*,1*37 1*1*, 105,©1*2 +129, 31*6 +3, 562,291 21*, 012,331 - 59,093 * +1,756,782 15,1*83,606 773,931* 71*9,018 1*81,1*51* 17,1*88,012 -179.561* +272,1*61* + 5,883 + 15,020 1,982,1*52 + 72,793 TOTAL ASSETS L I A B I L I T I E S Federal Reserve notes Deposits * ember bank - reserve account U.S#Treasuror - general account Foreign Other To ta l depo s its 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 + 291 •+ 332,078 + 1,986 1*3,1*91**370 +127,791* +3,1*57,1*76 180,970 358,355 27,1*28 1*1*,719 1*1+, 105,81*2 + 155 + 1,39*7 + 13,987 + 130,202 + 263 * 39,637 +3,562,291 A C C OUN T S C ap ital paid in Surplus (S e c tio n 7) Surplus (S ectio n 13b) Other c a p ita l accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS R atio o f gold c e r t if ic a t e reserves to deposit and F. R. note l i a b i l i t i e s combined Commitments to make in d u s tria l' loans 11,575 +113,803 + 905,073 + 677,811 - 1*80,801* + 261+, 550 +1,366,630 1*3.# 1,968 +129,31*6 + 223 i*.l7° 1,169 Form Ft R. 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MARCH 20, 191*6 ( I n thousands o f d o lla r s ) A S S E T S T o ta l Boston New York 17,289,060 732,192 5,007,789 787,01+3 58,563 121,570 18,076,103 790,755 5,129,359 337,068 Discounts and advances 1*83,560 In d u s tria l loans 1,529 U. S. Govt, s e c u r it ie s : B ills 13, 630,700 C e r t ific a t e s 6, 703, 91k I\Totes l,35l*,800 Bonds 902, 91*2 35,1+65 70,91*9 298,820 Gold c e r t if ic a t e s Redemption fund fo r i»1. R. notes T o ta l gold c e r t i f i c a t e reserves Other cash 21,650 96 808,1*28 1*55,592 92,071 61,363 ---- 3,185,293 1, 698, 06!* 31*3,163 228,710 P h ila . C leve. 816, 01+1 1118,01*2 60,751 77,21*7 876,792 1195,289 Rich. A tla n ta Chicago St.Lou is 917,667 1000,319 3012,559 D allas SanFran. 1*51,225 2781,637 539,62o 325,178 586,791 127,1*93 1*2,750 20,060 35,037 979,789 10I+I+, 729 311*0,052 582,370 31*5,238 621,828 1**369 18,116 11,885 29,520 — 1,330 — 62,122 !*1*,!*10 21,31*9 31,899 2!*, 029 21+, 100 39.297 12,283 12,185 1,395 36,205 — 6,330 38 8,670 — 17,510 38,610 931*, 677 1219,668 505,828 632,980 102, 221* 127,919 68,130 85,255 Uinn. Ivans. Cy. 6,350 — - - 839,596 691,598 21*20,635 616, 1*19 1*18,950 31*6,508 861,930 330,891 70,027 I 7I*, 188 • 66,870 8i+, 666 56, 1+28 • 1*6,671 116,092 1*1*,567 386,360 181,173 36,613 21*,1*02 25,967 111,073 1*77; 192 2892, 7101*3,327 6,380 — 6 33,576 326, 21*8 65,931 1*3,91*2 500,938 1393,512 29I*, 291 651,1*59 59,1*71* 131,651* 39,638 87,71*1* T o ta l U# S. Government s e c u r itie s 22,592,356 11*17,1*51* 5,1*55,230 1610,859 2065,822 1399,61*0 H5l*,80l* 3572,81+5 1058,71*7 628,51*8 1069,697 89l*,3l*l 2261*, 369 T o ta l loans and s e c u r itie s 5,75!*,050 1621+,1*39 2102,027 H*o6,oo8 1163,1*71* 3590,355 1097,357. 63I*, 898 1099,217 895,671 2270,71*9 23,077,1*1*5 H*39,2oo Due from fo r e ig n banks 110 J?#R. notes o f other banks 1^3 Q01 U n collected items 2 , 388,190 Bank premises • 33,22!* Other assets 1+9,801 TOTAL ASSETS 7 3,619 166,658 1,31*3 3,1*21 1/37 18,31*9 1*70,736 8,638 11,761 9 l*,oi+3 15I*, 113 3,289 3,226 10 6,1*86 235,195 3,961 5,380 5 3 9 ,5 H 196, 1*9!* 2,755 2,829 1* 12,108 176,11*1* 1,561 2,61*1+ 15 13,592 351*, 578 3,105 6,712 1* 7,61*9 112,31*3 2,0l+8 2,757 1* 3 5,005 6,739 57,766 ,125,090 1,272 2,579 2,158 1,1*73 3 !*,6!*7 101,353 823 2,106 9 22,163 237,720 1,850 5,331* !*!*, 105, 8i*2 21*1*0,1+68 11,1*63,879 2687,260 3580,21*7 2651,l*2o 21*21*,7&* 71U7,696 1816,811 10$0,021+ 1875,731 l!i93,680 51*73,862 l / J ifte r deducting $73,000 p a r tic ip a tio n s o f other Federal Reserve Banks,
@FedFRASER