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Form i * R* 283
STATEMENT FOR THE PRESS
Released for publication
Friday morning. Mar, 2£$
not e a r lie r .

Board o f Governors
'of the Federal Reserve System
March 2$, 19U3

CONDITION OF THE FEDERAL RESERVE BANKS

During the ’week ended March 21* member bank reserve balances decreased
$1i32,000P000• Reductions ^in .member bank reserves arose from decreases of
$1419, 000,000 in Reserve Bank credit and $15,000,000 in gold stock, and an increase
of $60,000,000 in nonmember deposits and other Federal Reserve accounts, offset in
part by decreases of $50,000,000 in money in circulation and $6 , 000,000 in Treasury
cash, and an increase of $5 , 000,000 in Treasury currency. Excess reserves of member
banks on March 21* were estimated‘to be approximately $1,630,030,000, a decrease
of $ 500 , 000,000 for the week..
There was a decrease of $316,000,000 in holdings of United States Govern­
ment securities* Certificates of indebtedness decreased $¿169, 000 , 000, bonds
$67 , 000; 000, and notes $30 , 000, 000, while b ills increased $250 , 000, 000.
Changes in member bank reserve balances and related items during the week
and the year ended March 21*, 191*3, were as follows:

Increase or decrease
since
Mar. 21*,
191+5

Mar. 17,
19U3

Mar. 25 ,
19U2

(In millions of dollars)
+

10
B ills discounted
U# S. Government direct obligations
5,908
U. S. Government guaranteed obligations
1*2
Industrial advances (not including 12 million
commitments - March 21*)
13
Other Reserve Bank* credit
307

- 102

+
+

Total Reserve Bank credit
Gold stock
Treasury currency

6,280
2 2 ,^ 5
3, 931+

- Ù19
- 15’
+
5

♦5,951+
89
710

Member bank reserve balances
Money in circulation
Treasury ‘cash
Treasury deposits with F. R. Banks
Nonmember deposits and other F.R.accounts

13, 08k
16,065
2,218
6
1,1*86

- 1*32
- 50
6
—
+ 60.

+ 557
*h, 603
+
1+3
- 1*66
- 162




—
- 316
--

1*
+3, 668
+
38
' 1*
2k0

Form F. R. 283c

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MARCH 21*, 19U3
(In thousands o f d o lla r s )
Phila»
Cleve.
Chicago St.Louis Minn* Kans.Cy. Dallas San. Fran.
Boston New York
Rich. Atlanta

LI ABI L I T I ES
Total
F. R. flûtes in actual cir­
culation
12, 607,686 923, 531* 2, 795,683 895,106
Deposits*
Member bank-reserve acct. 13,081**369 681*,129 1*, 6 17 ,116 677,752
U.S.Treasurer-general acct.
5,711
• 17
176
531
Foreign
899,682
71,829
26, *1*2 1/1*1*0^085
Other
12,972
285,280
6,633
112/839
Total deposits
Ili, 27.5,01*2 717,1*35 5 , 170,057 762,729
Deferred availability items 1,287,713
92,767 . 261, 21*8
77,513
Other liabilities-including
accrued dividends
U,32'ß
1 ,(5 6
3*837
363
TOTAL LIABILITIES
23,179,273 1738,OÓii 8 ,2 2 8 ,Olili 1735,711
CAPITAL ACCOUNTS
Capital paid in
11,681
9,530
53,667
11*6,911
Surplus (Section 7)
160,1*11
H ,l6 o
58 ,.001
15,670
Surplus (Section 13b)
26,829
7,070
2,871*
li,393
Other capital accounts
71,1*16
lì, 278
19,912
li,995
TOTaL LIABILITIES AND
CAPITAL ACCGUKTS
28,581*,81*5 1765,906 8, 366, 69!* 1772, 1*50
Commitments to make industrial
advances
86
1,316
27
11,763
F . R. notes outstanding
13,253,160 971,897 2, 937, 5li7
Collateral for F.R. notes
held by F.R.agentsj
Gold certificates
12,953,000 9^6,000 2, 960,000
Eligible paper
7,31*0
3,650
3, 1*1*0
U.S.Gov’ t securities
505,000.
50,000
—

j

1,171*, 020

809,111*

593,937 2,1*89,731+

535,697 320,703

1*1*6,299 267,689 1,351+, 165

1,120,1*32
513
69,561
55,638
1,21*6,11*1*
11*6,617

530,009
587
32,512
11,810
571*,913
109,165

50ì*,698 1,91*1,21*9 1+1+1+, 572 269,208
1,028
566
269
277
92, 2lil*
26, li 63
22,683 16,631*
12,108
2*757
9,805
3,310+
531+, 771+ 2,037,278 1+79,929 295*921+
63,116
181,020
57,721 25,91+6

521,229 1*33,659 1 , 290,316
623
561
563
2 1,17 1 .22,683
57,675
1+5,038
7,637
l+,699
550,598 5 11, 601* 1 , 393*652
151,328
61*, 601 56,171

266
200
208
1*30
311+
171
313
1*97
191
2,567,278 11ì93,627 1192,035 lu 703,81*5 1073,533 61*2,71*9 106l,761i 837,661* 2,899,959
15,226
il*, 767
1,007
6,81*8

5,270.
5,725
717
3,205

5,931;
5,236
3,21*1*
3,1*1*1

I 6,li32
22,925
1,1+29
11,li 02

li, 600
li, 966
530
3,162

3,165
3,221
1,000
3,221*

•l+,793
•3,613
1,137
3,220

1+.1+93
li, 083
1*307
2 , 771+

12,120
11,Olili
2,121
i+,955

2, 605*126 1511,1*32 1206,952 1*,761,033 1086,796 653,359 1071+,527 850,321 2 ,930,199
—

561

1,039

923,603 1,220,1*77

81*6,1*57

850,000 1 , 230,000
150 100,000

737,000' 630,000 2, 620,000
—
—
100
125,000
30,000
,-r

mm m*

ilo

650,869 2, 570,298

2,706

1,685
568,169 327,595

—

li,233

1*66,891 300,070 1,1*69,287

1*00,000 330,000 . Ii70,000 306,000 1,1*81**000
—
--—
—
—
—
—
5,000
195,000

MATURITY DISTRIBUTION OF BILLS /¿ID ' SECURITIES

Bills discounted
Industrial advances
Ci. S# Government securities,
direct and guaranteed



Total
10,007
12,670

Within1
15 days
8,758 '
8,357

16 to
30 days
1,01*9
21*2

31 to
60 days
200
Ili 5

61 to
90 days
.

• 569

9 I days to
6 months
1- -

1,023

6 months
to 1 year

1 to 2
years

--

955

699

lilil,200
907,262
351,010
10i*,li52
5,950,1*62
766,977
652,791+
l / After deducting $U56,0o0,000 participations of other Federal Reserve 3anks.

352,500

2 to 5
years

Over
5. years

--

-■*

130

—

308,571 1 , 565,696

Form F. R. 283a
Released for publication Friday morning, March 2 6 ,19U3; n° t earlier*
STATEMENT OF CONDITION
OF THE TWELVE FEDERAL RESERVE BaNKS COMBINED
( In thousands of dollars)
Increase or decrease
since
Mar. 2U,
19^3

Kar, 17»
19^5

Mar. 25,
I9k2

20, 392, 661*
U2 , 10U
397,679
20,832,1*1*7

- 1U,002.
1,269
+ 7.0U0

+
+

9G.2U7
29,081
53,971

-

-

7,195

7.505
2,502
10, 00?
12,670

+ 2,335
* 2 , 521186
298

+
+'
*

2,137
1,561
3,693

2,031,667
' 935i.it75
1,327,275
1,556,01*5

- 67.19U
- 30,203
-U68.500
+21*9,939

+ . 529,931
■292;975
+li,327,275
♦1 ,,556,02*5

5,950>1*62

-315.905

♦3i, 706,226

5,973,139
U7
70,613
1,59^,956
39,092
71*, 551

-316.389
—
.+ .8,150
- 3UU.009
19
- 1.U75

+3 j,713,987
—
+
UU.03U
+ 5U2,72U
i,59U
+
31,761.

29., 581*, 81*5

-659.U3.5

,323,717

12,607,636

- U3.682

+kt ,0'52,U23_

13-.Q8U.369
5,711
899,682
235,-280
iU, 275. 0U2

-U31.333
356
+ 33,065
+ 22,733

+

a. S. S E X S
Gold certificates on hand and due
from U. S. Treasury
Redemption fund - F. R. notes
Other cash
Total reserves
Bills discountedi
Secured by U. S. Gov’ t obligations,
direct and guaranteed
Othvir b ills discounted
Totul b ills discounted
Industrial advances
U. S, Government securities,
direct and. guaranteed»
Bonds
Notes
Certificates
Bills
Total U. S. Government securities,
direct and guarsjiteecT^
Totaj b ills "and securities
Due from foreign banks
F. R. notes of oth^r.ban.ks
Uncollected items
Bank promises
Other assets
TOTAL ASSETS
L I A B I L I T I E S
F. R. notes in actual. circulation
Deposits*
Member bank-res-erve. account
U.S. Treasurer-general account
Foreign
other
Total deposits
Deferred availability items
Other lia b ilitie s including
accrued dividends
TOT'LL LIABILITIES
C a P I I a L A C C O U N T S
Capital paid in ■
Surplus (Section 7)
Surplus (dqctiqn 13b)
Oth^r capital accounts
TOTaL LIABILITIES aND CAPITAL ACCOUNTS
Ratio of total rwscrves*to deposit
and F. R. note lia b ilitie s combined
Comr.itmcnts to make industrial advances




5, ¿93

1,287,713

-375,31*1
-2U2,117

8,637
28,179,278

- 1,556
- - 663,196

1U6.911
160, Ull
' 2.6,829
71.U16

2U
— .
—
+ 3,735

23.58U.8U5

-659.U35

77-la*
11,763

+

1 . 2?»
U66

U.,063

5.57,61U
1*66,786
♦ 172 , 92.7
- 339,760
76,005

30.2,705
+

U.6Uo
‘+lrj,293,763
+
+
4+

-

-

3,628
2,909
Us
23,369
, 323,"/17
13.9k
2,601

STATEMENT OF CONDITION OF THE FEDERAL RESERVE B^NKS ON MaRCH 2l*, l$k3
(I n thousands o f d o lla r s )

Form F. R. 283b

SS E 1S
Total
Boston New York
Phila.
Cleve.. • Rich. Atlanta
Chicago St..Louis Minn. Kans.Cy. Dallas San Fran.
Gold certificates on hand and due
from U. S, Treasury
2 0 ,3 9 2 ,66k 1183,055 6, 159,255 1235,728 l,883,ii39 1017,299 853,528 3,562,255 615,220 ¿4,3,636 703,781 563,260 2,167,208
Redemption fund - F.R.notes lj.2,10l{.
5,302
852
98
2,2kl
7 »378
8,111*
2,k77
•1,587
1,565
10,93k
697
659
Other cash
1*8,41*2
19,706
90,726
26,528
18,
li
60
12,736
10,818
53,501
kk,8k3
lili,7li3
8,317
397,679
18,859
Total reserves

20, 832, kk7 1230,375 6, 251,568 1267,558 l,93U,03li 10li5,ll9

B ills discounted:
Secured by U* S. Gov’ t obligation s *
d ire c t and guaranteed
7,505
Other b i l l s discounted
2,502

3,kk0
---

3*650
1,068

150
239

liO
230

100
108

Total b i l l s discounted

10,007

3»kko

, U»-718

388

270

Industrial advances
12,670
u. 0. Government s e c u r itie s ,
d ire ct and guaranteedr
Bonds
2,081,667
Notes
985,U75
C e rtifica te s
1 , 327,275
B ills
1,556, oli 5

991

608

li, 506

1,199

153,.831
72,82k
98,083
¿9 , 11a

5U9,002
259,903
350,oli5
560,2149

Total U. S. Gov*t secu rities*
d ire c t and“ guaranteed
5,950,li 62
Total b ills and
securities

5,973,139

^ue from foreign banks
k7
F. R. notes of other banks 70,613
Uncollected items
1,59^,956
Bank premises
■39,092
Other assets
7li,55l
to t^ l ASSETS




37li,628 3,617,321

6I+I1, 6lli li52^051

717,176 57k*775 2,223,228

--

88

305

75

55

70

125
75

208

88

305

75

55

70

200

I90

511i

367

79

7

290

369

29

3 ,7 H

163,011
77,168
103,937
58,li3li

195,510 128,678
92,555 . 60,919
I2li,658
82,01*5
67,000 , 53,399

9^,102
Wi,5li9
59,999
31,792

259,900
123,036
165,713
355,570

100,339
li7,502
63,976
15k,ksk

6o ,-562
28,669
33,6lli
31,031

98,806 31,868
1ì6,77 ó 38,758
62,999 52,199
53,38li 25,962

196,058
92,816
125,007
89,599

393,879 1,725,199

li02,550

li79,723

32 5, Olii

230,lili2

90li,219

366,311 158,876

261,965 198,787

503,li70

398,310 1,730,525

li07,lilili

1*81,192

325,763

230,897 • 90li,603

262,1*01* 199,016

507,371

1 / 18
ri,5 3 8
3kk,539
9,787
18,719

5
2 ,197
•8li,9lli
li, 719
5,613

li
3,271
17!*, 108
li, 298
3,219

2
8,538
121*, 3U7
3,03k
k,679

366,393 159,221
*
1
2,696
5,k33
6k, 315 35,893
2,101
1,305
2,193
3,439

1
1
2,258
6,567
82,002 70, 221*
2,790 , 1,01*1
3,006
3,587

u
1 1 ,1 1 5
178,1*73
2,679
7,329

3
l,ii57
128,100
2,712
li,9a9

—

—

2
6,860
89,612
1,719
3,23li

—

6
8,683
217,929
2,907
9,581*

—

190

28,581*,91*5 1,765,9068,366,691; 1772,1*50 2,605,126 15U.U82 1206,952 U,761,033 1086,796 653,359 107^,527 850,321 2 ,930,199
♦Less than $500.

l / A fte r deducting $29,000 p a r tic ip a tio n s o f oth^r Federal Reserve Banks*.