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Form W. R. 283 STATEMENT FOR THE; PRESS Released for' p u b lica tio n Friday morning, March JOj n o t .e a r lie r . Board o f Governors o f the Federal Reserve System March 29,1945 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended March 28 'member bank reserve balances decreased $271).,000,000. Reductions 'in member bank reserves resu lted from decreases o f $99, 000,000 in Reserve Bank c r e d it, $32,000,000 in gold stock and $2,000,000 in Treasury currency and an increase o f $2llj,000,000 in Treasury deposits w ith Federal Reserve'Banks,' o f f s e t -in-part by decreases o f $2,000,000 in money in c ir r c u la tio n , $4,000,000 in Treasury cash and $60, 000-,000 in nonmember deposits and other Federal Reserve accounts. Excess reserves o f member banks on March 28 were estim ated to be approxim ately $900, 000, 000. Holdings .o f ..loans, _ discounts and advances increased $26,000,000 and o f United States Government secu rities- $23,000,000. The increase iia'holdings o fUnited States Government s e c u r itie s r e fle c t s an increase o f $32,000 000 in b i l l s and decreases o f $5, 000,000 in notes and $4 , 000,000 in bonds. Changes in member bank reserve balances and re la te d items during the week aftd ,the year'ended March 28,1945» were as fo llo w s ! Increase, or decrease since Mar, 28, 1945 Mar,. 21, I 9I45 Mar. 29, 1944 ( I n m illio n s o f 'd o l l a r s ) 19,516 222 337 + + - 'Tot^l Reserve Bank c r e d it Gold stock 'Treasury currency 20,074 20,419 4,118 - Member.bank reserve balances Money in c ir c u la tio n Treasury cash Treasury .deposits, w ith F# R# Banks Nofimémber deposits and other F. R. accounts 14,305 25,834 2,356 310 .1,806 U. S. Government s e c u r itie s Loans, discounts and advances Other Reserve Bank c r e d it - » + - 23 26 147 99 32 2 274 2 4 214 68 + 7,219 + 129 22 + 7,325 1,181 + 26 - + 2,274 + 4,797 if 27 * ■443 463 STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MARCH 28, 1945 ( I n thousands o f d o lla r s ) P h ila . Boston C leve. New York Rich. A tla n ta Chicago St*Louis Minn. Kans.Cy, Form F. R. 285c T o ta l Federal Reserve notes 22,262,60? 1397,837 D eposits: Member bank-reserve a c c t. 14,505,085 657,085 U .S.,Treasurer-general a c c t. 309,858 • 19,337 Forteign 1,185,819 79» 598 Other 191,252 4,646 4,740,649 67,341 lA -5 5 ,378 87,138 7 2 1 , 7 2 2 19,610 100,295 4,865 1 1 1 0 , 5 9 0 51,036 99,154 11,109 601,507 45,515 47,867 4,546 655,125 2045,842 5,510 54,655 59,889 148,160 4,982 5 , 0 2 8 685,350 2231,619 107,173 237,861 15,992,012 760,666 5,350,506 D eferred a v a i l a b i l i t y items 1,547,015 Other l i a b i l i t i e s in clu d in g accrued dividends 9,930 120,225 285,869 85,999 162,442 699,035 112,324 798 2,515 718 1,025 512 TOTAL LIABILITIES C ap ital paid in Surplus (S e c tio n 7) Surplus (S e c tio n l j b ) Other c a p ita l accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Commitments t o make in d u s tr ia l loans F. R. notes outstanding C o lla te ra l for F.R.notes held by F.R. Agents: Gold c e rtific a te s E lig ib le paper U.S.Govt, secu rities 846,488 1251,889 817,557 550,991 2777,120 515,169 515,542 12,469 10,545 54,191 26,215 2,002 10,694 642,508 15,423 ' 54,191 605,196 1720,550 25,25p> 27,.59-9 86,694 54,191 2.562 7 6 9 570,523 354,102 70,336 29,765 1,462 423 295 19,866 55,201 1,429 12,691 5,395 7,048 527 4,541 472 D allas San Fran. 945,745 437,752 _____ 6 j_ o q 2 __ ..,._ k 696,125 Z 663,187 1882,522 64,906 182,351 87,764 167,110 228,155 27,165 86,211 10,176 5?,831 12,647 15,239 84,905 19, 8 7 2 " 2,880 7,145 4,468 5,076 17,552 6,177 16,731 19,071 1,007 10,206 6,745 7,815 5,290 5,604 6,o64 7,956 762 4,908 5,652 4,950 1,075 5.780 5,350 6,196 1,157 4.311 5 ,^ 5 6,025 1,507 ^ 80Q 15,050 15,899 2,142 7 , 7^6 40, 520,203 2312,897 10, 789,798 2450,337 3408,894 2355,561 2119,156 6615,275 l 6o4,538 885,369 1618,574 1296,235 4885,791 3,475 2,574 20 4oo 50 651 22,955,159 1452,194 5, 129,192 :L509,149 2000,841 1555,741 1565,588 4175,388 985,465 496,500 842,817 585,455 2901,011 10,722,550 206,199 12,629,154 2, 920,000 150,714 2,200,000 575,ooo 188,550 51,050 10,050 759,154 520,000 9,94o 525,000 229.000 1474,000 ; 595,000 6,895 900,000 611,000 760,000 13,050 900,000 1250,000 615,000 4,500 950,000 625,000 2010,000 — - - 750,000 2200,000 585.000 1500,000 MATURITY DISTRIBUTION OF LOANS AND SECURITY Discounts and advances In d u stria l loans U. S. Government secu rities _ fc 585 - 554 _S21 59, 811,564 2279,526 10,620,569 2407,175 5561,879 2311,909 2099,466 6548,088 1587,027 871,914 1601,580 1279,469 4842,964 O O O O T o ta l d ep osits 1475,968-1946,525 1500,053.1506,471 4077,146 * L I A B I L I T I E S Total Within 15 days 16 to 50 days 51 to 60 days 61 to 90 days 217,599 5,950 159,095 5,255 7,910 8 22,725 11 27,869 8 3 ,595,421 1,885,092 4,459,487 4,586,574 19,515,657 ( ' 91 days to 6 months - 6 months to 1 year - - 26 1,502,290 - 1 to 2 years - 622 2,417,921 2 to 5 years - - 18 4 268,800 l / A fte r deducting $727,124,000 participations o f other Federal Reserve Banks. 6 ^ ,4 0 2 Over 5 years 762,850 Form F. R. 283a Released fo r p u b lica tio n F riday morning,.March 30,1945; not e a r lie r . STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED ( I n thousands o f d o lla r s ) Increase or decrease since Mar. 28, 1945 Mar. 21, . 1945. Mar. 29, 1944 17,618,265 645,182 256,047 - 22,500 - 1,515 - 3,683 - 1, 516,060 + 354,647 61,722 18# 519*494 - 27/698 ' - 1, 223,135 A S S E T S Gold c e r t if ic a t e s Redemption fund - F, R. notes Other cash Total reserves Discounts and advances In d u s tria l loans U. S. Govt, s e c u ritie s ? B ills C e r t ific a t e s Notes Bonds 217,599 5,950 ' 11,915,624 5,410,511 1,061,350 1, 128,152 + 25,045 :+ 24 + -+ 32,041 • - - 5,000 - 3,920 +5,-182,.248 +2,459,171 99,914 - 323,315 134,671 6,026 T o ta l U. S, Government s e c u ritie s 19,515,637 + 23,121 +7, 218,190 T o ta i loans and s e c u r itie s 19,737,186 + 148,190 +7,346,835 Due from fo re ig n banks F, R. notes o f other banks U n collected items Bank premises Other assets * TOTAL ASSETS 116 90,033 1,883,762 34,351 55,241 + 6,067 - 250,891 - . 19 + 1,003 + + 40,320,203 - 223,348 +6,226,759 Federal Reserve notes D eposits» Member bank-reserve account U. S, Treasu rer-general account Foreign Other T o ta l deposits 22,262,607 + 00 lf\ O O- +4,763,905 14,305,083 309,858 • '1,185,819 191,252 15,992,012 - 273,450 +213,735 - 44;003 - 25,652 - 129,370 +2,251,839 •- 443,229 - 378,568 - 16J,869 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 LIABILTIES Ca p i t a l a c c o u ;n. t 1,547,015 - 103,359 v 9,930 + 341 - 225,330 + 1,921 +6^157,844 + + + + + . - 20 7,669 101,930 623 .5,897 L I A B I L I T I E S 39,811,564 s - C a p ita l paid in Surplus (S e c tio n 7) Surplus (S e c tio n 13b) Other c a p ita l accounts TOTAL LIABILITIES AND CxiPITAL ACCOUNTS R atio o f t o t a l reserves t o d ep osit 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 +1,268,173 + 123,845 167,110 228,153 27,165 '86,211 40,320,203 48.4% -3,475 127 - - + 1,855 - 223,348 + + fi% 338 10,523 40,056 200 18,136 ’ +6,226,759 - 12.9f0 7,690 Form F. R. 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MaRCH 28,1945 • ( In 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 17,618,265 Redemption fund-F.R.notes 6a 5,182 Other cash 256,047 861,878 42,760 22,891 18,519*494 T o ta l reserves Rich. 4,932,092 116,832 60,150 930,796 1303,118 45,574 62,364 19,482 21,515 963,096 48,458 14,372 948,722 3280,813 37,661 111,338 2i , 4o l 29,198 604,974 540,536 32,241 15,639 12,896 5,512 610,653 27,331 12,844 437,813 2355,774 2.0,506 84,678 9,805 25,983 927,529 5,109,074 995,352 1386,997 1025,926 1007,784 3421,349 650,111 561,687 650,828 517,922 2464,455 10,050 9,940 25 Discounts and advances In d u s tr ia l loans U* S* Govt, s e c u r it ie s : B ills C e r t ific a t e s Notes Bonds 217,599 3,950 6,895 166 130,714 10 11, 915,624 5, 410,511 1, 061,350 1,128-,152 715,968 371*950 72,964 77,556 3,225,376 1,345*970 264,032 280,651 T o ta l U. S. Government s e c u r itie s 19* 515,637 1238,438 T o ta l loans and s e c u r itie s Due from fo r e ig n banks F*R.notes o f other banks u n collected items Bank premises oth er assets t o t a l Ü.SSETS 13,050 3,189 850 - - 748,013 1086,192 409*607 513,900 80,349 100,809 85,407 ' 107,154 5, 116,029 1323,376 1808,055 4,500 110 668,060 346,758 68,021 72,302 A tla n ta 2, 6o0 • - Chicago S t.Lou is D allas San Fran, C leve. P h ila . 7,850 - - 594,790 1355,391 273,504 708,920 53,652 139,064 57,029 147,817 1155,141 978,975 2851,192 51,050 - - Minn. Kans.Cyv - - - 100 450 » 479,052 266,202. 473,392 254,257 146,260 265,862 49,873 28, 690. 52,153 53*012 30,496 55,435 580,567 1417,621 225,206 548,357 44,178 107,565 46,958 114,335 851,842 696,909 2187,858 336,174 471,648 n 19*737,186 1245,499 116 90,033 1,883,782 34,351 55*241 9 3*867 130,401 1,601 3*991 5,246,753 1339*615 1808,905 1159,751 1/29 15,991 395,766 8,858 12,327 12 3,365 104,380 3,421 3,692 12 4,976 198,490 4,073 5,441 6 7,916 135,485 2,832 3,445 981,575 2859*042' 5 9*622 115*409 1,600 3,141 18 11,049 313,074 3,160 7,583 867,224 481,698 4 6,360 75,857 2,104 2,878 3 2,oo4 37,243 1,247 1,487 861,8074 5,273 95,276 2,650 2,736 696,909 2183,408 4 3,042 75,038 886 2,432 10 15,568 207,365 1,919 6,083 40, 320,205 2312,897 10, 789,798 2450,337 3408,894 2335,361 2119,136 6615,275 1604,538 885,369 1618, 574. 1296,233 4883,791 l / A ft e r deducting $37,000 p a r tic ip a tio n s o f other Federal Reserve Banks,
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