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Form F, R, 203
STATEMENT
Released- fo r p u b lication
Friday xnorning, Llay 25;
not e a r lie r .

FOR THE PRESS
Board o f Governors
o f the Federal Reserve System
May 24, 1945

CONDITION QF THE FEDERAL RESERVE BANKS
During the .week ended May 23 member bank reserve balances decreased
$129,000,000* Reductions in member bank reserves resulted from increases of
$424, 000,000 in Treasury deposits with Federal Reserve Banks, $53,000,000 in
nonmember deposits and other Federal Reserve a c c o s t s and $27,000,000 in money
in circulation and a decrease of $80,000,000 in gold stock, offset in part by
increases of $393,000,000 in Reserve Bank credit and $5,000,000 in Treasury
currency and a decrease of $57,000,000 in Treasury cash. Excess reserves of
member banks on May 23- were estimated to be approximately $900,000,000*
Holdings of loans, -discounts and advances' increased $237,000,000 and
of United States Government securities $261,000,000, 'The increase in holdings
of United States Government securities re fle cts increases of $155,000,000 in
c e r t i f i c a t e s , $93,000,000 in b i l l s and $0,000,000 in notes.
Changes in member bank reserve balances and related items during the
week and the year ended May 23 , 1945, wore as follows $

Increase or decrease
since
May'23,
19^5

May 16,
19^5

May 24,
1944

(In millions of dollars)
U. S, Government securities
Loafi-s, discounts and advances
Other Reserve Bank credit

20,929
729
322

+ 261
+ . 237
*■ 105

+6,940
+ 491
+
25

Total Reserve Bank credit
Gold stock
Treasury currency

21,:900
2o ,:2? l
4,142 •

♦
+

393
80
5

+7,455
-1,053
+ . 42

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

15,117
26,399
2,319
526
2,032

_

129
27
57
424
53

+2,117
+4,4so
14
+ 137
- 283




+
+
+

Form F. fi. 283c

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MAY 23, 1945
(In thousands o f d o lla r s )

T o ta l
Boston
L I A B I L I T I E S
*
Federal Reserve notes
22, 761,01+7 11+1+1,531
D eposits:
Member bank-reserve* a c c t . 15, 116, 61+8 ,685,653
U•S•Treasu rer-general a c c t . 526 >232
1+8,125
Poreig n
1, 187, 21+1+
77,1+07
Other
i+ o l+ ,6 o o
l +,502 •
T o ta l deposits

17,254,724

Deferred a v a i l a b i l i t y it e i ns 1,464, 550
Other l i a b i l i t i e s in clu d in g
accrued dividends
11,353
TOTxiL LIABILITIES
C apital paid in
Surplus (S ectio n 7)
Surplus (S ectio n 13b)
-tlio r c a p ita l accounts

kinn* 'Kans. Cy.

D a lla s SanFran.

5 , 056,550 1197,708 1934,270 1517,1+17 1533,093 4135,053

961,267 1+98,851+ ■ 858,237

565,009 2884,453

5 , 008,228 77.1,1+1+1 1161,520
129,1+83
23,581
59, 11+5
1/1+56,606 ■10-0,657
99,513
4,500
0,852
297,091+

New York

P h ila .

815,670 . 5,391,1+16 .904,359

C leve*

Rich.

1 3 2 9 ,0 3 0

A tla n ta

61+3,361
31,166
1+8,04l
7,973

653,393 2211,312
17,078
78,1+91
1+0,034 11+8,697
3>34o
7,379

51+5,51+3 335,541 696,434
21,206
20,520 13,969
26,308
34,315
34,315
1,920
lt+,135
5,994-

655,676 1743,556
55,558
22,707
37,036
34/315
1,223
49,325

730,51+1

719,1+50 241+6,379

6l4,315 379,312. 753,875

713,920 1935,473
60,096

172,241

41+7

1,169

2573,116 211+2,577 6353,001 1658,071 908,565 1680,111 1537,478

4 ^ 9 3 ,3 3 6

117,026

278,030
*

83,831+

150,166

129,530

69,279

'871

3,361

780

1,169

628

550

1+1,1+71,951+ 237b,898 11,229,157 2487,211

51+64,055

168,077
228,153
27,165
.'93,553

10,255
15, 239
2,880
5,816

59,805
81+, 905
7,11+3
20,650

TOTAL LIABILITIES
CAPITAL
JOUSTS
1+1,993,702 21+09,086 11,1+01,698
Commitments to make
in d u s tria l loans
100
r —•
. 4,058
F* R. notes outstanding
25^+26,187 11+87,155 5 , 192,219
C o lla te r a l f o r F. R* note*3
h eld by F„ R. Agents:
Gold c e r t i f i c a t e s
10, 521,000 575,000 . 2 , 51+5,000
E lig ib le paper
426,561+
602,1+89
29,600
U%S•G ovt,t s e c u r itie s
12,915,979 900,000 2 ,1+00,000

12,720

19,872
¿4,1+68
7,01+5

6,776
7,813
3,290
6,566

16,891
19,071
1,007
11,164

6,090
7,936
762
5,517




2014,854

62,127

,735

364

1

20,242
35,201
1,1+29
14,321

37,556
29,561
*
*
336
1+43

3,663
It ,950
1,073
4,105

5,452
7,043
527
5,013

5,370
6,196
1,137
4,821

5,087
6.025
1,307
4,251

15 ,068
15,899
2,142
9,299

2531,316 3512,768 21+02,361 2162,682 6907, 191+ 1656,116 922,354 1697,035 1354,743 5055,?14l.
—
---50
20
1+00
I450
2,224
1529,915-2057,078 151+9 , 11+3 1337,661 4272, 141+ 999,504 509,365
'
■ •

—
365,152

61I;.
200
590,211 3006,642

375,000 190,000
40,780 36,075
703,979 325,000

320,000
15,690
550,000

219,000 1474,000
27,^00
385 ,000 1600,000

790,000
---1 1 ,3 2 5
950,000 1250,000

600,000
15*155
975,000

. 59"S ,000

655,000 2200,000
---—
775,000 2100,000

MATURITY DISTRIBUTION OF LOAÎcS

Discounts end advances
In d u s tr ia l loans
U . S. Govsrnment
s e c u r itie s

Chicago St.Lou is

T o ta l

W ithin
15 days

l6. to
30 days

31 to
60 days

724,161+
4,592

637,790
3,396

30,1+91+
7

27,71+0

8

6l to
90 d-iys
23,114.0
33

20,929,11+3

3 , 619,693

1 , 771,835

!+,230,066

1+, 781+,286

aND

SECURITIES

91 days' to
6 months
"¿2

1 , 616,750

6 months
t 6 1 year

1 to 2
years

2 to 5
years

877

108

121

3 , 375,221 273,300

\ J A ft e r deducting $729,760,000 p a r tic ip a tio n s o f other Federal. Reserve Banks.

507,652

Ovor
5 yoars

71+9,31+0

Form F. R. 283&
Released fo r p u b lica tio n Friday morning, May 25,1945» *1°^ e a r lie r ,
STATEMENT OF CONDITION ,
OF THE TWELVE FEDERAL RESERVE BANKS COMBINED
( I n thousands o f d o l l a r s )
In c r e a s e o r d e c re a s e
s in c e

May 23,
,1945

Kay 24,
1944

May 16,
1945

■i-S S E T S
- 84,005
+ 2,672
+ 13,H 7

-1,371,665
+ 332,342
19,516

13, 368,061

- 68,216

-1,058,839

724,164
4,592

+237,170
243

+

+4,847,292
+2,585,221
- 153,414
- 333,625

CO

CO
CO

T o ta l reserves

17,429,460
683,713
IS
OJ

Gold c e r t if ic a t e s
Redemption fund - F, R. notes
Other cash

Discounts and advances
In d u s tria l loans
U. S. Govt, s e c u r itie s :
B ills
..C e rtific a te s
Notes
Bonds

13, 129., 940
5,678,711
1,005,350'
,1,115,142

+ 98,474
+155,000
+ 7,500

T otal U. S. Government:
s e c u r itie s

20, 929,143

+260,974

+6,940,474

21,657,899
112
■ 37,343
'1,786,465
34,191
59,631

+497,901

+7,430,775

+ ' 1,243
-337,669
30
+
250

+
+

41,993,702 ‘

+ 93,479

+6, 596,602

Federal Reserve n otes"
Deposits?
Mfmber bank-reserve account
U .S .Treasu rer-gen eral account
Foreign
Other

22,761,047

- 21,270

+4,44o,86o

15,116,648
526,232
1,187,244
4o4 , 600

- 129,260
+424,360
+ 52,260
- 1,504

+2, 116,501
+ 137,471
- 387,768
+
19,861

Total deposits

17, 234,724

+345,356

+1,886,065

1,464,330

-233,045

+

+

+
2,155
+6, 520,921

T o ta l loans and s e c u r itie s
Due from fo ra ig n banks.
S’. R. notes o f "other banks
U n collected items'
Bank premises
Other assets
TOTAL ASSETS

»

-

-

497,603
7,302

24
14,353
216,674
653
5,684

L I A B I L I T I E S

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 d in g
accrued dividends
TOTAL L IA B IL IT IE S
C A P I T A L

294

+ 91,335

A C C O U N T S

45.9/“
4,053

+

O

R a t io o f t o t a l r e s e r v e s t o d e p o s it
and F. R. n o te l i a b i l i t i e s com bined
Commitments t o make i n d u s t r i a l lo a n s

+

- ON

TOTAL L A B IL IT IE S AND CAPITAL ACCOUNTS

168,077
228,153
27,165
98,353
41,993,702

+

C a p it a l p a id in

Surplus (S e c tio n 7)
Surplus ( S e c t i o n 13b)
Other c a p ita l accounts




11,353
41,471,954

191,841

- - 1,554

+ 93,479
.<$
200

+
+
+
+
+6,
-

10,902
40,056
200
24,523
596,602
11.3?°
1,601

Form F. R. 283b
statement o f c o n d itio n o f ths fe d e r a l re s e rv e banks on may 23 , 1945
(In. thousands o f d o lla r s )

A S c> B T i>
'Total

Boston

New York

Gold c e r t i f i c a t e s
17, 429,460
Redemption fund-F.R.notes
683,713
Other cash
254,888

394,744
46,459
22,922

4,655,354
133,609
62,676

T otal reserves

13, 368,061 '964,125

A tla n ta

Chicago £>t.Louis

Minn. Kans.Cy.

D allas 3anFran._

912,651 5272,962
59 , 546 110,250
29,631
21,397

634,965 554,711
55,896 16,522
5,543
11,527

642,541
27,051
12,621

514,190 2545,273
95,583
19 »997
9,768
22,517

4,852,139 1040,376 1423,271

955,615

975,574 3412,843

630,188 576,381

682,213

545,955 2465,383

29,600
130

426,364
7

13, 129,940
5,678,711
1,005,350
1,115,142

732,230
390,056
69,056
76,597

3,768,109
1,407,905
249,253
276,474

T o ta l U.S." Government
s e c u r itie s *

T o ta l loans and
s e c u r itie s




Rich.
890,407
50,171
15,055

724,164
4,592

TOTAL ASSETS

C leve.

971,181 1359,996
43,580
62,444
20,815
20,851

discounts and advances
In d u s tria 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

Due from fo r e ig n banks
/••R.notes o f other banks
U n collected items
bunk premises
Other assets

P h ila .

6 ,4oo
-

70,100
275

40,780
-

200
- -

27,50C
425

56,075
- -

15,690
19

663,080 2163,450
294,466 709,514
52,151 125,575
57,325 159,289

468,162 259,347
27;,720 152,744
49,521 27,042
54,923 29,995

514,457
277,515
49,151
54,497

392,005 1542,300
246,455 575,059
45,652 101,450
48,397 112,529

20, 929,143 1267,939

5,701,741 1358,562 1846,216 1272,411 1067,502 3157,628

852,551 469,128

395,530

730,487 2329,818

21,657,899 1297,669

6, 128, 112' 1375,529 1891,191 1237,660 1073,902 3208,003

895,111 505,205

911,289

730,687 2357,743

112
8
7,898
87,343
1,786,465 .133,618.
1 ,5 9 1
34,191
4,177 .
59.631

1/ 58
18,127
531,55?
8,821
13,109-

11,525
5,642

44,975
-

-

755,192 1098,7-99
459,177 544,204
96,546
77,751
86,242 106,367

10
10
5,330
5 ,5 io
106,491 .184,602
4,054
5,597
4,405 .. 5,7.60

15,155
9k
772,551
364,116
64,462
71,502

5
7,258
145,532
2,018
5,695

15
4
10,646
7,652
102, 585. 264,592
1,596
5,150
7,945
5,571

4
5,991
71,496
2,096
-5,250

5
1,686
56,522
1,244
1,515

5
4,181
94,261
2,658
5,050

3
3,275
75,187
675
2,770

9
15,461
192,629
1,915
6,606

41, 995,702 21*09,086 l l , l o i ,698 2531,316 3512,768 2402,361 2162,682 6207,194 1656,116 922,354 1697,635 1354,748 5035,744
l / A f t e r deducting $74,000 p a r tic ip a tio n s o f other Federal Reserve Banks.