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Fortn F. R. 233
■STATEMENT ' FOR THE' PRESS
Released fo r p u b lic a tio n
Friday morning, May 18, 19455
not o a r l i e r ,

,

Board o f Governors
o f the Federal Reserve System
May 17, 1945

' CONDITION OF TH* FEDERAL RESERVE BANKS
During the week, ended May 1*6# membor bank-reserve balances increased
$217,000,000. Additions to member bank reserves resulted from decreases of
$345,000,000 in Treasury deposits with Federal Reserve Banks and $8,000,000 in
Treasury cash and an increase o f ‘ $5»000,000 in Treasury currency, o ffs e t in part
by a decrease of $2,000,000 in Reserve Bank credit and increases^of $60,000,000 in
money in circulation and $77,000,000 in nonmember deposits and other Fedorcil Reserve
accounts. Excess reserves of member banks on May 16 were estimated to be .approxi­
mately $1 , 050,000 .,000»
Holdings of loans, discounts end advances decreased $64,000,000 and of
United States Government securities $52,000,000. The decrease in holdings of
United States Government securities r e fle c ts a decrease of $173,000,000 in b i l l s ,
and increases of $1 1 1 , 000,000 in .ce rtifica te s and $10 , 000,000 in notes.
Changes in member bank -.reserve balances and related items during the week
and-the year ended May 16, 1945, were as follows:

Increase or decrease
• since
May l 6 ,
1945

May 17,
Kay 9,
19^4
1945
dollars)
(In millions of
«
<1»

U. S. Government securities
Loans, discounts-and advances
Other Reserve Bank credit

20,663
492
427

- 52
-.6 4
+113

+6,360
+ 323
+
18-

Total Reserve Bank credit
Gold stock
Treasury currency

21,537
20,351
4,137

+

+7,205
- 1,003
•+
38

Member bonk reserve balances
Money in circulation
Treasury cash
Trea .ur;/ duposits with F, R. Banks
Nonmombor deposits and other F. R. accounts

15,246
26,372
2,376
102
1,979

+217
+ 60
- 3
-345
+ 77




2
1
5

+2,260
+4,526'
+
78
- 2?5
- 329

Form F. S. 283c

L I A B I L I T I E S

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MAY 16, 191+5
(In thousands o f d o lla r s )
T ota l

Boston

New York

P h ila .

Cl<eve.

Rich.

Atlanta

Chicago S t .Louis

Minn. Kans.Cy.

Federal Reserve notes
22,782,31? 1443,896
D ep osits;
Member bank-reserve a o c t.15 ,214-5 »908 693,653
U .S .T reasu rer-gen eral a c c t. 101,872
2,545
F oreign
1,134,984
75,812
Other
I4.O6 ,104
5,262

5,065,187 1504,538 1982,360 1519,840 1338,629 4187,372

964,111 499,110

5 ,016,802
. 36*778
3/431,991

554,163 335,703
11,423
3,792
32,946 25,259.
13,842
2,164

T o ta l d ep osits
16, 888,868
D eferred a v a i l a b i l i t y item s1 , 697,375
Other l i a b i l i t i e s in clu d in g
accrued dividends
11,559
TOT/tL LIABILITIES
C-pita 1 paid in
Surplus (S ectio n 7)
S u rplu s(S ection 13b)
Other c a p ita l accounts

302,226

777,819 1172,.981
1,634
13,818
96,642
95,544
4,411
6,737

646,662
381
46,125
8,072

668,514 2232,193
6,1(45
8,340
38,437 142,767
3.947
6,791

136,181

5,789,797
358,407

880,506 1289,080
98,813 196,498

701,240
123,840

717,343 2390,091. 612,374 366,918
104,113 267,6 7 4 - 74,582 32,252

839

3,445

777,277

-

771

1,147

563

477

1,610

385

840,189

D allas SanFran.
564,652 2872,433

709,391 675,533 1762,439
8,253
826
5,637
32,946
32*946
83,569
.5,716
1,345
45,091
750,690
86,804

337.

437

718,627 1894,925
59,782 158,429
.400

1,098

4 1 , 380*119 2358,243 11, 216,830 2434,628 3469,085 2345,433 2160,562 6846,747 1651,452 398^617 1678,120 1343,461 4926,885
5,686
15,056
167,987
10,247
59,865
12,720
16,861
6,776
6,079
20,221
5,452
3,661
5,363
6*025
15,399
228,153
15,239
34,903
19,872
19,071
7,313
7,936
33,201
7,048
4,950
6,196
1,307
2 ,142
27,165
2,330
7,143
4,463
1,007
3,290
762
1,429
' 527
1,073
1,137
96,799
5,733
20,209
6,926
11,027
6,262
5,1441
14,146
4,930
4,068
4,728
4,199
9,130

TOTAL LIABILITIES AND
CAPITAL ACCOUNTS
41,900,223 2392,342 11,338,956 2528,614 3517,051 2369,624 2180,780 6915,7144 1669,409 912,369 1695,5^4 1360,678 4969,112
Commitments to make
• 200
589
in d u s tr ia l loans
---2,049
20
400
---450
50
3,858
100
F. ft. notes outstanding
23,414,457 1482,242 . 5,205,647 1550,525 2036,569 1549,367 1380,579 4268,861 1002,334 503,818 364,619 590*064 2974,832
C o lla te r a l f o r F. R. notes
h eld by F. R. Agents?
Gold c e r t i f i c a t e s
10, 546,000 575.000 2 , 620,000 598,000 790,000 600,000 635.000 2200,000 375,000- 190,000 320,000 219.000 1424,000
E lig ib le paper
27,200
13,740
398,964
24,1j4o
262,364
9,235
—
14,205
19,805 27,975
U .S .6 o vt. s e c u r it ie s
12, 910*963 909.000 2 ,400,000 950,000 1250,000 975,000 750.000 2100,000 725,963 325,000 550,000 385.000 1600,000
MATURITY DISTRIBUTION OF L0„,K3 AKD SECURITIES

Discounts and advances
In d u s tr ia l loans
U. S. Government
s e c u r it ie s




Total

ft it h in
15 days

l6 to
30 days

31 to
60 days

6 l to
90 days

486,994
4,935

407 ,400
3,582

I 4. ,604

23,150
8

31,840
10

20,668,169

2,990,911

. . ..

>1 days to
6 months

6 months
to 1 year

2 to 5
years

Over
5 years
—

123

-------

—

. . .

48

1 to 2
years

956

108

507,652
273,800
4,057,280
3 , 261,321
2,50!,672
1 ,568,150
4,757,543
l / A f t e r d edu ctin g $700,657,000 p a r tic ip a tio n s o f oth er Federal Reserve Banks,

749,840

Form F. R, 283a
Released for publicatipn Friday morning. May 18,1945, no^ earlier.
STATEMENT OF CONDITION '
OF THE TWELVE FEDERAL RESPJhVE Ba NKS COMBINED
(I n thousands of d o lla rs )
Increase or decrease
since
May 9 ,

May 16,

May 17,

1945

1945

1944

17,513,465
. 681 ,04l
2U,771
18,1+36,277

+ .5-,105

-1,330,160

+ ' -3,661+
♦ ■ 970
+ 9,739

+

1+86,991+

- 64.455

A S S E T S
Gold c e rtific a te s
Redemption fund - F. R. notes
Other cash
Total reserves
Discounts and advances
Industrial loans
U. S. Govt, securities.»
B ills
C ertificates
Notes
Bonds

13 , 031 ,1+66

Total U. S. Government
securities
Total loans and securities
Due from foreign banks
F, R. notes o f other banks
Uncollected it'ems
Bank premises
Other assets
TOTAL ASSETS

4,835

-1 ,0 1 5 ,0 5 4

334,,983

623

♦

3 4 0 ,5 7 2

25,466

-

7 ,2 0 4

-1 7 2 ,9 4 8

+ 4 ,8 7 8 ,4 4 1

5#523,7li
997,850
1,115,142

+111,500

+ 2 ,4 8 0 ,7 7 1

+ 10,000

■

2 0-,668,169

- 5 1 ,1+1+8

+ 6 ,8 5 9 ,6 7 5

2 1 ,1 5 9 ,9 9 8

- 115,280

+ 7 ,1 0 7

1
+ 1,729
+564,911

-

112

86,100
2 ,1 2 l+ ,1 3 4
3 4 ,2 2 1

59,581

1+1 , 900,223

-

+

1 6 5 ,9 1 4
3 5 5 ,6 2 5

24
1 5 ,5 4 6
1 8 4 ,0 3 7

661

1,930

6 ,0 7 1

+463,028 '

+6 , 365,225

+

+ 4 ,5 6 9 ,5 6 1

L I A B I L I T I E S
Federal Reserve notes
Deposits«
Member bank-reserve account
U.S.Treasurer-general account
Foreign
Other
Total deposits
Deferred a v a ila b ilit y .items
Other l i a b i l i t i e s including
accrued dividends
TOTAL LIABILITIES
C A P I T A L
A CCOUNTS
Capital paid in
Surplus (Section 7)
Surplus (A c t i o n 13b)
Other cap ital accounts
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
Ratio of to tal 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 strial loans




2 2 ,7 8 2 ,3 1 7

5 9 ,8 5 7

+216,556

+ 2 ,2 5 9 ,5 2 7

-3 4 4 ,7 4 2

-

+ 63,442

- ¿+44,455

1+ 0 6 ,10 4

+

14 ,-2 5 9 '

+

16 , 888,868

-

5 0 ,4 8 5

+ 1 ,5 5 2 ,3 6 2

1 5 ,2 4 5 ,9 0 8

101,872
1,1 3 4 ,9 8 4

1 ,6 9 7 ,3 7 5
1 1 ,5 5 9
1 + 1 ,3 8 0 ,1 1 9

167. , 9 8 7

+ 4 5 2 ,0 8 9

+

+

+ '

+

+■

'116

10,826
40,056
+
200
+
23,823
+ 6 , 365,225
+

9 6 ,7 9 9

3,858

1 6 6 ,5 3 4

+ 4 6 1 ,5 3 9

2 7 ,1 6 5

46.57*!

3 2 ,1 0 9

1,863
+6 , 290,320

78

2 2 8 ,15 3

4 1 , 900,223

2 9 4 ,8 1 9

1 ,3 7 5
+

463,028

- 1 1 ,5 ^

127

1,788

Form F. R. 283b
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON

W .Y .

1 6 , 1945

f i n thousands o f d o lla r s )
A S S E T S
Total

Boston

New York

Gold c e r t i f i c a t e s
17»513 M-&5
Redemption fund-F.R.notes
681 ,Okl
Other cash
241,771

888,610
46,5 22
- 22,394

4,735 »936
133 »849
• 62,030

959,287 1318, 16k
4 8 ,479
62,527
19,703
22,067

886, 2k3
50,691
13,03k

932,008 3331,178
37,627 110,346
17,428
28,068

632,863 344, 978. '649,403
31,925 16,332' 27,072
10,290
5 >145
11,700

522,482 2312,313
•20,019
95,652
8,815
21,097

18,436,277

957,526

4,931,815 1027,469 1402,758

9k9 »968

987,363 3469,592

675,078 366,455

551,316 2429,062

24,980

lk ,205
9k

764,280 1106,708
427,196 523,652
95,500
77,172
106,726
86,243

762,565
35k, 361
6k ,015
71,540

T o ta l reserves
Discounts and advances
Industrial'loans
U.S.Go-frt. s e c u r itie s:
B ills
C e rtifica te s
Notes
Bonds

486,994
4,835

24,440
163

262,36k
7

13, 031,466
5,523,711
997,850
1,115,142

710,997
378,907
68,449
76,494

3,755,008
1,370,077
2k7,503
276,595

Total ff.S, Government
securities

20*668, 169. 1234,847

Total loans and
securities

21,159,998 1259,450

Due from foreign banks
F.R. notes of other banks
Uncollected items
Bank premises
Other assets
TOTAL ASSETS




112
86,100
2 , 124,134
34,221
59,381

Phila.

Cleve,

Rich.

Atlanta

3,100

Chicago St,Louis.

Minn. Kans.Cy.

688,175

Dallas SanFi*an'..

200
-- -

27,200
450

27,975
——

13,740
23

661,k67 2060,833
286,539 689,925
51,762 124,633
57,8k? 139,283

495,387 267,949
272,365 148,333
49,203 26,796
54,987 29*946

513,380
269,956
48,767
544+99

397,566 1535,326
239,341 557,559
43,328 100,722
48,421 112,561

5,6k9,l83 1354,891 1837,586 1252,481 1057,615- 3014,674

871,942 ,4 73,02k

886,602

72-9,156 2306,168

5,911,55k 1367,949 1862,566 1266,780 1060,715 3074,699
' 3:
10
10
1/ 38
k
15
5
21,0k0
6,221
8,668
9,440
3,740
2,425
7,175
162,583
502, 8kk ■123,118 238,284 lkO,203 119,293 350,122
8,821■
3,150
4 ,06k
2,825
1,591
3,409
1,597
8,726
3,622
4,009
3 »440
5,629
12,844
4,234

891,747 500,999

900,365

729,356 2333»818

9,235
3,823

59,750
275

19,805
——

4
5,194
92,095
2 ,09.6
3,195

3
1,837
40,314
1,244
1,517

3
3,914
, 97,509
2,638
2,940

3
3,229
73,175
873
2,726

9
13,217
184,594
1,913
6,499

41,900,223 2392,342 11, 388,956 2528, 61k 3517,051 2369, 62k 2180,780 6915, 7kk 1669,k09 912,369 1695,544 1360,678 4969,112
l / A fter deducting $74,000 participations of other Federal Reserve Barks.