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, May 12; not e a r lie r . Board o f Governors o f the Federal Reserve System May 1 1 , 19!*!* CONDITION OF THE FEDERAL RESERVE BANKS During the week ended May 10, member bank reserve balances increased $39,000,000. Additions to member bank reserves arose from an increase o f $5,000,000 in Treasury currency and decreases o f $ 1 5 , 000,000 in Treasury deposits with Federal Reserve Banks and $ll*8, 000,000 in nonmember deposits and other Federal Reserve accounts,' o ffs e t in part by a decrease o f $17,000,000 in Reserve Bank cre d it and an increase of $111,000,000 in money in circu la tio n . Excess reserves o f member banks on May 10 were estimated to be approximately $800,000,000. There was a decrease of $1*3 »000,000-in holdings o f United States Government se cu r itie s ; b i l l s decreased $62 , 000,000 and c e r t ific a te s increased $ 19 , 000, 000. Changes in member bank reserve balances and related items during- the week and the year ended Llay 10, I9i*i*, were as follows? Increase or decrease since May 10, 19^ May 3, I9M+ May 12, 19^3 (In m illions o f d ollars) U. S. Govt. s e c u r i t i e s ( i n c l . guar. s e c . ) Loans, discoun ts, and advances Other Reserve Bank c r e d it 13,21*9 lii7 317 - U3 + 50 - 21* + 7,077 + 109 + 2 Total Reserve Bank c r e d it Gold stock Treasury currency 13,713 21,375 U,097 - 5 + 7,197 - 1,079 + 61* Member bank reserve balances Money in c ir c u la t io n Treasury cash Treasury deposits with F* R# Banks NonmSmber deposits and other F,R.accounts 12,729 21,725 2,333 211* 2,182 + 39 + 111 1 - 15 - 11*8 921* l*,98l 81 1*16 598 17 mm mm + - Form F. R* 283c STATEMENT OF>CONDITION OF THE FEDERAL RESERVE BANKS ON MAY 10, loh h (In thousands o f d o lla r s ) Total Boston New York Phila* Clevo* Rich. Atlanta Chicago St.Louis Minn. Kans.Cyv 1206, 1*00 i 1 *025,107 1211*, 51*5 101*8, 11*9 :5389,170 18, 127,196 777,211* ,1*10,552 669,71*3 1603,911 1191,087 L I A B I L I T I E S Federal Reserve notes Deposits: Member bank-reserve acet. 12, 729, 1*98 6ol*,39l i1*21*7,677' 638,659 19 ,12 1 U.S*Treasurer-general acct. 67,251 211*,1*15 10,735 Foreign 1 , 591, 81*6 108,390 1/ 617,550 11*0,653 Other 10,526 23I*, 326 2,726 ' 121,1*1*9 Total deposits il*, 770,085 735,128 5053,927 800,573 Deferred a v a ila b ilit y items 1 , 285,280 100,060 265,079 9l*,863 Other l i a b i l i t i e s including accrued dividends 801 9,321* 2,831* 61*5 TuTa L LIABILITIES 31*, 19 1,885 201*2,389 <331*6,91*7 2110,626 Capital paid in 57,738 11,81*5 9,888 157,112 Surplus (S ection 7) 70,012 13,206 188,097 17,859 Surplus (Section 13b) 7,092 26,965 1*,1*21 2,871* Other capital accounts 72,162 i*,658 3,317 16,01*5 JOTAL LIABILITIES AND 3U,636, 221- 2072, 171* 91*9 7, 881* 211*9 , 1*09 Ca PITa L ACCOUNTS Commitments to make in dustrial advances 6,193 1*50 8 1,666 F. R. notes outstanding C ollateral for F*fe#notes held by F*R#Agents: Gold c e r t ific a t e s E lig ib le paper U.S.Govt« se cu ritie s Discounts and advances In d u stria l loans U.S. Govt, secu rities ( i n c l . guar, s e c .) 992,629 516, 621* 11,721* 11,1*67 136,067 61,151* 6, 81*1* 2 1, 161* 111*7,261* 121,926 610, 1*09 9l*,225 51*0, 527 :1923,566 1*1*2,733 :2 79,576 2,229 26,1*1*8 1 1 , 1*11 13,089 1*8,923 189,576 1*7,391* 33,631* 1*,282 9,036 10,1*18 1*,535 596,211* :211*3,872 510,571* 336,717 70,81*9 193,1*29 55,651*' 21*,921* , 11,555 61*3,832 a , 156 520,1*65 1 , 1*1*1 , 581* 11*, 106 13,11*3 1*1*, 336 119,333 35,1*29 3,179 591,123 1610,1*52 1*6,957 156,158 251* 256 310 290' 326 1 , 21*6 697 732 933 2871*, 03I* 1896,1*53 1715,538 15727,717 131*3,752 772,1*1*7 1375,026' 1077,329 3,909,627 ù,829 13,176 18,190 6,290 5 ,H 8 1*,92 5 3,1*17 5,573 16,073 3,669 26, 1*90 16,026 6,330 5,236 1*,831 11*,159 l*,55l* 5,725 2,129 1,000 3,290 530 1,307 1,137 1,1*29 1,007 71*9 3,868 1*, 526 8,780 l* ,ii5 3,127 3,219 3,733 11,075 5,199 2915,920 1916,1468 1732,111 5781*,901 1358,568 78ii,l*01 1389,568 1091,611 3, 91*3,206 50 1,238 — — 18,696,338 1225,1*83 1*198,939 121*1*,81*0 l&*2,00l* 1220,739 1098,336 31*1*1,701 12 728,000 126,250 6,108,735 581,067 13,591 1*1*, 336 1*,738 Dallas San Fran. 1*1*8,993 2, 11*2,320 1*8 — 808,21*8 1*17,170 — — 2,733 688,668 i*7l*,362 2,225,81*8 » 1*50,000 275 3,535 — ¿*,355 — — 21,100 5,0001 ?5,ooo 600,000 1*75,000 375,000 900,000 508,735 225, 1 250,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES 1 to 2 6 months 9 I days to 31 to 61 to 16 to years to 1 yoar 6 months 90 days 60 days 30 days 80, 1*30 2^1,000 1, 671*, 000 — — 600,000 200,000 2 to 5 yoars Total Within 15 days 135,721* 11,1*69 112, 061* 10 , 611* i*,390 31 8,965 60 10,305 21*1* 131 261* 80 1*5 13,21*8,975 1,1*1*2,393 1,190,11*9 2,673,611* 2,881,183 1 , 009, 1*00 1,907,600 17,800 970,21*5 1 / A fte r deducting $972,31*2,000 p a r tic ip a tio n s o f other Federal Reserve Banks, Over 5 yoars — 1,156,586 Form F. H. 283a Released for' p u b lica tion . Friday morning, May 12-, I 9I4 I4; not e a r lie r . STATEMENT OF CONDITION 'OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands o f d olla rs) Increase or decrease since May 3, I9kk May 12, 19U3 - 5,500 + 1*,801 ” - 9,290 -1,31*1*,987 + 272,293 90,1*35 May '10, 19UU A S' S' E T S Gold c e r t ific a te s on hand and due from U, S, Treasury'. Redemption fund - F# R. notes Other cash Total reserves Discounts and advances Industrial loans U. S. Govt, secu rities ■ B ills C ertifica tes Notes Bonds Total U. S, Govt, secu rities ( i n c l . guar.' s e c .) 18,889,925 319,21*3 . ' 26k , 396 , 19,1*73,5& 3-35.72U . 11.U69 . 7 ,^ 0 3 ,50U . 3,032,9^0 l , 163,761* 1,141*8,767 - 9,989 -1,163,129 + 50,71*1 1*16 + - 62,017 + 19,000 — 110,554 1,861* 13,218,975 - 1*3,017' +5,361,519 +1,933,71*0 + 19!*, 161* r 1*12,900 +7,076,523 Total loans and secu rities 13,396,168 + 7,308 +7,185,213 Due from foreign banks F. R. notes o f other banks Uncollected items Bank premises Other assets 136 66,'81*3 1,601,777 31+, 882 62, 8I46 TOTAL ASSETS - 1,196 - 50,3^2 1 + 1,662 • + + 1 9.312 .71*. 063 l*,03l* 9,01*0 31*, 636,221 - 52,573 +6, 092, 3-814 18, 127,196 + 95,0814 +14, 926,695 12,729,1*98 : 211*,1*15 1,591,81*6 23I*, 326 ll*,770,085. 1,285,280 + 39,151 - 11*, 1*91 - 23,-1*1*0 • - 123,320 -122,100 - 26,291* + 9214,169 - 415,799 + 689,527 - 135,371* +1, 062,523 + 72,il*o 9,3214 * 31*,;191,885' + 6 - 53,301* + 2,253 +6,663. 6 ll L I A B I L I T I E S Federal Rsserve notes Deposits: Member bank-reserve account U. S, Treasurer - general account Foreign Other Total deposits Deferred a v a ila b ility items Other l i a b i l i t i e s including accrued dividends TOTa L LIABILITIES C A P I T A. L A .C .C O.U . NT S Capital paid in Surplus (S ection 7) Surplus (S ection ljb ) Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Ratio 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 157,112 ' .188,097 . 26,965 . 72,162; 31*, 636,221 59.2% 6,193 75 — * + 651. - 52,578 + + + 10,01*1 27,686 136 9,090 +6, 092, 38I4 - + 399* ♦May 3 figures revised. 17.53S 6, 691* Form F. R. 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MAY 10, I 9J4I4 . (In thousands o f d o lla r s ) ASSETS Total Boston New York P h ila .* ; Cleve* Rich. Atlanta Chicago St,Louis Gold c e r t ific a t e s on hand and due from U«S*Treasury 18, 889,925 1079,943 4, 925,884 1087,861 1,504,487 1060,483 1022,896 3,548,756 Redemption fund~F*R.notes 3 3-9#2^3 24,546 30,576 51,532 24,578 26,807 44,552 19,609 Other cash 14,102 38,762 20,960 21,106 19,270 16,489 264,396 75,257 Total reserves Discounts and advances Industrial loans U. S* Govt, s ecu rities % B ills C e rtifica te s Notes Bonds 19, 473, 5 6 4 112 7 ,710 5, 052, 6 7 3 1 1 3 3 , 513' 1,554,333 1099,163 1058,994 3, 632,070 135,724 11,469 7,603,504 3,032,940 1,163,764 1,448,^67 Minn. Kans.Cy, Dallas 621,868 390,719 29,041 11,082 10,560 6,450 733,090 11,804 10,951 529,528 2 , 304,410 11,295 33,321 22,832 7,657 661,469 408,251 755,81+5 548,480 2 , 441,063 5,000 247 275 29 250 2 2,530 3,945 203,407 146,219 56, I06 69,346 701,560 3H ,753 119,626 143,922 80,430 120 3,535 5,077 780 365 4,355 I89 372,974 2, 765,022 232,354 655,433 251,494 89,155 110,989 313,084 430,916 246,219 94,477 117,614 554,205 344,569 132,215 164,594 3H ,305 201,075 77,154 96,049 240,258 1,278,003 173,494 321,719 . 68,490 123,446 153,678 85,263 334,564 161,520 244,770 141,233 92,386 161,481 61,962 54,192 35,447 67,463 44,128 • 77,137 11,555 i ,4 o i 1,414 90 4,500 4 San FVan, 21,100 — • Total U# S# Govt, secu rities (in c l* guar* sec*) 13,248,975 805,472 3,985,033 839,226 1,195,583 685,583 572,505 1,876,846 527,452 333,481 545,350 480,573 1,231,866 Total loans &nd s e cu rities 818,428 4,065,583 897,833 1,196,723 690,-127 574,009 1,881,350 618,552 338,728 545„654 480,830 1,288,341 10 1,182 118,708 1,647 4,489 12 1,997 107,974 3,552 4,523 6 7,263 112,449 2,908 4,552 Due from foreign banks F.R.notes o f other banks Uncollected items Bank premises Other assets TOTAL ASSETS 13, 396,168 136 66,848 1,601,777 34,382 62,846 1 / 4 9 11,042 345,750 9,042 13,745 12 3,494 149,646 4,176 7,529 4 6,458 87,173 1,639 3,029 17 6,725 254,376 2,923 6,940 4 4,670 69,047 2,050 2,776 3 1,747 32,569 1,2 7 1 1,832 4 4 ,H 5 77,979 2,713 3,250 4 2,507 56,027 963 2,800 11 15,640 189,572 1,993 6,573 34,636,221 2072,174 9,-497,884 2-149,409 2, 915,920 1916,468 173 2 ,111 5,784,901 1350,568 784,401 1309,568 1091,611 3 , 943,206 l / After- d «¿ducting $87,000 p a r tic ip a tio n s o f oth-sr Federal Reserve Banks,
@FedFRASER