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Form F. R. 283 STATEMENT FOR THE PRESS Released fo r publication Friday morning, toy 26} not e a rlie r Board o f Governors o f t h e ’ Federal Reserve System May 25, 1944 ; C O N D I T I O N D $ 1 4 s i t s i n g o i n T r e a c c o m a m 0 l d u t e a n i t h s t o c r y t s . s e t h e 3 0 T h c u 0 F w e r a , 0 s c r e $ r e 0 B a n k a s e 7 , 0 0 s e r v e s i n c r e a o o r e B a n f , 0 0 $ 0 f 2 4 b e r c s 0 a y ' e m e s e r v e i l l s i n M m T H E b d m e m a n i t F E D E R A L k b e r r e a n d k s , 6 5 , 0 o 0 a f f s 0 s e , 0 0 d e i n ' n o r u n e m m e z n b e r b a n b . a i i k r e r v a r o s e c r e a s e o i n a e t 0 R E S E R V E e i n s p m s e r t r v e f $ y a 8 , 0 a i n c b e r k s b l a f r o m b o n e y B A N K S 0 d i r M a y 2 k w 0 e c a n d o n n c e a n i n c r e 0 0 c r e a u o e r e , 0 s i n l a t h r n F e s t i m T o f r e $ , e d e r a m e m e n d e d M i n b e r a y s e c r e o a f b a n k 2 k , $ s e d 1 8 $ r e s e 1 9 4 4 , w 1 , 0 0 0 , 0 0 0 i n 130 000,000 , r v e b e r e a a s l a n f o c e l l o h o a n d s l d c a n d w s e i n r r e g s o t i f i c l a t e d f a U n t e i t e d s a y i t e m 2 4 , ( I n O t h T o G o l d T r e M e m G s , e r t a l o v t . d s u b e r e c n t s , u r i t i e s a n d ( i n a d c l . v a n e s e r v e B a n k c r e d i t R e s e r v e B a n k c r e d i t g u a r , s e c . ) c e s c k r y c u b a n o n e y i n T r e a s u r y ? c a T r e a s u r y N o n m b e r c d r r e k M e m s u R s t o a i s c o n r e i r c u s h c y s e r v l a t i o e b a l a n c e s n ‘ e p o s i t s d e p o s i t s w s u , 0 r y 0 0 , 0 0 0 l R . e s é r v e b e a p p r o x i S t a i t h F . R . B a n d o t h e r a n F k s . R . a c c o u n t s t e s G o v e r n 51 000 000 $ , s d , u c r e a M a y 1944 8 . a r i n . g t h e w e e k d e c r e a j K o a n f 3 0 t o s e o r s i n L d o $ 3 5 , 0 0 0 * 0 0 0 a t e d I n U . s e s e i n s e t i o e c r e a a . a n b t o R a n d 0 : g e s y e a r l i n a s i t i e s e s e r v e x c e s s 0 e n d e d n d s h 0 e e k i t i o R e c a , 0 h a n w d a n d e r e r e d k E $ C a n d w s u l y e n t 0 t h i n o , 0 g $ 1 1 + 3 , 0 0 0 , 0 0 0 p 0 r i n A e 0 u . d , 0 O F 1 7 , M 1944 m i l l i o n s o f a y 2 6 , ¡ 1943 d 13,989 238 297 + 181 + 74 14,525 21,324 4,100 ♦ 143 - 30 + 13,000 21,911 2,333 ; 339 2,315 ♦ 14 + 65 + .35 - s e c e 112 l - G + 7 o l l a r s ) 7,808 204 + 19 + + + 8,032 1,101 28 - ♦ + 1,162 + 5,009 +• 66 ;+ 44 + 678 STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MY 2h, 19Ul(In thousands o f d ollars) >c __________ T I E S Federal Reserve notesDeposits r Foreign Other Total Boston New York P h il*. Cleve. ^ich, Atlanta Chicago St.Louis Minn. Kans.Cy» 4 101,011 1215,380 , 1620,813 18,320,187 1191,910 1048,425 :3427,343 780,952 .412,425 669,993 1227,436 13 ,000,147 388,761 1,575,012 384,739 Total deposits 15,348 ¿659 Deferred a v a ila b ility i t 1,272,489 Otner l i a b i l i t i e s including accrued dividends : 9,698 TOTAL LIABILITIES Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital' accounts Dallas Sau Fran. 1i46,28 í? ;2177,714 629,460 4371,906 ■ 649,857 1016,742 20,061 . 68, 135. 26,500 56,634 106, 1171/ 61.9,609 •133,033 133,532 7,436 3,139 287,559 . - 5,849 526,464 19,459 6o,oi4 6,218 538,896 :1964,981 447,753 283,086 586,844 25,522 25, 642:: 26,453 19,136 38,312 48,011 186»045 43.510 46,511 33 ,000 1*520 5,661 13,362 4,694 9,479 520,452 :1463,706 11,762 51,145 43,510 117,112 2,319 37,503 820,239 1214,344 74,958 139,122 612,155 95,559 610,737 ;2194*999 533,148 351,215 78,028 194,603 • 54,839 25,963 658,327 62,807 578,043 :1669,466 46,040 135,197 258 32.1 758,777 5347,209 98,564 266,809 ’ 872 2,968 660 970 451 385 1,398 324 351 740 34, 951*033. 2073,593 9717,997 '2123,293 2975,249 1900,075 1737,575 :5816,843 1369,263 789,861 1391,448 1070,719 :3983,117 5,120 4,927 6,296 18,208 •9,888 4,829 13,177 3,424 16,075 5,583 157 »175 57,799 - .11,849 70,p i2 16,026 13,206 26,490 14,159 5,236 4,554 4,831 6,330 3.669 188,097 5.725 17,859 1,000 2,129 7,092 3,290 530 1,307 4,421 1,137 1,007 ' 2 ,874 749 1,429 26,9053,183 4,610 3,772 5,308 3,912 4,283 73,830 3,287 11,301 3,937 16,499 .4,785 8,953 TOTAL LIABILITIES AMD CAPITAL ACCOUNTS 35,397,100 2103.^98 9869,399 2162,207 3017,310 1920,205 1754,242 i5876,271 1384,135 801,866 1406,031 1085,071 14016,865 Commitments to make in du strial 2,727 advances 5*659" I+50 8 1,129 50 1,247 ----48 — \ F. R. notes outstanding C ollateral fo r F.R^notes held by F.R.Agents: Gold c e r t ific a t e s E lig ib le paper U.S.Govt. s e cu ritie s 18,943,878 1243,554 4258,273 1258,787 1661,832 1226,076 1115,359 3488,574 .812,667 420^69 -690,129 478,1*46 2281,712 12 ,423,000 . 7¿i4 , 000 2845;o o o -•733,000 1065,000 775,ooo 219.912 .14,965 1.31,850 ; 6,952 — 5,780 6 ,632,625' 50Q.,QOO 1400,000 ■■■525,000 600,000 475,000 - Total Discounts and advances Industrial loans U. 3 . Govt, s e c u r itie s ( i n c l . guar* s e c .) 226,561 11,894 750,ooo"256o,ooo — j375,000 950,000 300,000196,000 450,ooo 45,190 14,900' 27.5 250,000 522, 625225,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES 6l to 31 to 91 days to Within l 6 to 60 days 6 months 90 days 15 -days 30 days 180„884 10,652 5,640 9 8,540 483 31,497 262 6 months to 1 year 1 to 2 years » , 104 260 281.000 1724,000 210.000 2 to 5 years 600,000 Over 5 years f 79 1925,850 17,800 13,988.669^1648^31 . 1237,4l8 2904,121. 3©?7,518, 1030/700 I f A fter deducting $954,228,000 pa rticip a tion s 01 other Fed«eral Reserve Banks. 45 970,245 1156,586 /orin *V R. 233a Released for publication Friday morning, LIay26,19Ui; not earli-r# ST.iTELIEKT OF CONDITION OF THE TWELVE FW H ia L RESEkVE BANKS CCIiBIHED (In thousands o f dollars) Increase or decrease since May 2ki lQkk May 17 , 1944 Kay 26, 1943 ASSETS Gold c e r t i f i c a t e s on hand and duo from U* S# T re a s u ry Redemption fund - F. R. n o te s Other cash T o ta l r e s e r v e s L is c o u n ts and advances I n d u s t r i a l loans U.S. Govt, s e c u r i t i e s : ¿ ills C e rtific a te s Notes Bonds Total U*S. Govt* s e c u r i t i e s f in«*» guur. sJcTT) Due from, f o r e i g n banks F. R* n o te s o f o th e r banks U n c o lle c te d items Bank premises Other a s s e t s TOTAL ASSETS - 42,500 + 10,902 + 7,167 - 1 , 404,292 + 298,536 95*893 19,426,900 - 24,431 226,561 11,994 + 74,550 145 - 1 .,201,61*9 + 205,178 1*157 8,282,62+8 3,093,490 1,163,764 -1,148,767 +129,623 + 50,550 +5, 913,563 +1 , 994,290 + 21^,hoU - 320,231 13,983,669 +130,173 +7*808,086 14,227,124 136 72,990 1,569,791 34,844 65,315 +254,578 + 2,436 -370,306 38 : ____ 137 +8, 1 + 17,810 145,921 4,033 7,276 35,397,100 - 137,398 +6,962,879 18,320,137 +107,431 +1,9^,219 13,000,147 + 13,766 - 7,930 - 4,427 + io,744 + 12,153 - 253,352 +1,, 161,722 + 43.362 616,196 + 20,806 . 342,536 ♦1. + 126,233 - 138,766 + 1 , 694 +6,93u,732 r-^ 1O — 1 * C \i rH O T o t a l loans and s e c u r i t i e s 18,001,125 351,371 __ 274,404 L I A B I L I T I E S F e d e ra l Reserve n o te s D ep o sits: Member bank - r e s e r v e a cco unt U.S. T r e a s u r e r - g e n j r a l acco u n t Foreign Other Tot...l d e p o s i t s D e fe rre d a v a i l a b i l i t y items Oth^r l i a b i l i t i e s i n c lu d in g accrued d iv id e n d s TOTa L LIABILITIES G *A P I T ¿1 L 364,739 15,343,659 1,272,439 9,693 34,951,033 ^ C C C U N T S C a p i t a l paid in Surplus ( S e c t i o n 7 ) Surplus ( S e c t io n . 13b) OLu.r c a p i t a l acco un ts TOTa L LIABILITIES *vND CAPITAL 157,175 + 14 133,097 a CC'OUNTS R a tio o f t o t a l r e s e r v e s t o d e p o s i t and F% R. n o te l i a b i l i t i e s combined Commitments to make i n d u s t r i a l lo ans 333,761 1 ,5 7 5 ,0 1 2 26,965 73,330 35,397,100 57.7/0 5,659 + 354 - 137,398 + 9.795 + 27,686 + 136 9.470 +6, 9^$d>7-) . 37° 13 - 19.1% 7,226 . R. 283b STATEMENT OF CONDITION OF THE FSuERAL RESERVE BANKS ON MAY 2 k , 1944 (I n thousands o f d o lla r s ) ASSETS Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Liinn. Kans.Cy. Dallas San Fran. Gold c e r t ific a te s on hand and due from U.S.Treasury 18, 801,125 1065,458 4, 895,014 1070,964 1,582,720 1056,497 1011,951 3, 501,661 Redemption fund-P.R.notes 26,600 26,782 48,316 351,371 75,807 25,156 19,318 30,391 Other cash 20,^96 77,058 14,716 274,404 21,907 38,114 19,503 19,533 584,853 399,499 29 , 971 11,361 6,071 11,935 731,841 11,740 12,018 504,499 2, 396,168 11,225 35,704 23,580 9,273 Total reserves 625,759 416,931 7 55,599 524,997 2,455,452 14,900 263 275 27 258,^ 2 164,098 61,732 76,850 Discounts and advances Industrial loans U. 3. Govt, s e c u r itie s : B ills C e rtifica tes Notes Bonds 19,426,900 1112,754 5,047,879 1119,653 1 , 632,614 1096,369 1050,802 3, 588,091 226, 561 11,894 8,232,648 3,093,490 1,163,764 1,448,767 Total U. S.-Govt, se cu ritie s ( i n c l . guar, s e c .) 13,988,669 Total loans and se cu rities Due from foreign banks F.R.notes o f other banks Uncollected items Bank premises Other assets TOTAL ASSETS 14, 227,124 136 72,990 1,569,791 34,844 65,315 131,850 120 6,952 5,5H 2,530 365 5,780 188 416,347 3, 066,127 675,212 236,763 254,012 89,070 316,219 110,883 465,570 251,143 94,479 117,617 558,441 349,819 131,602 163,831 321,920 203,917 76,712 95,498 266,802 1,397,353 180,222 329,611 67,800 123,998 84,4o4 154,365 368,529 156,466 143,963 94,301 54,160 35,476 67,424 44,164 853,063 4,311,570 928,809 1 , 203,693 698,047 599,228 2, 005,327 634,076 869,417 4 ,4 4 3 ,54o 941,272 1,206,588 704,015 600,724 2, 006,006 679,266 345,570 14,965 1,339 10 1,210 113,805 1,647 4,655 1/ 49 12,747 342,454 9,o42 13,688 12 2,245 90,746 3,540 4,739 12 3,522 162,874 4,167 7,533 6 8,279 103,903 2,901 4,732 1,414 32 4 7,592 89,400 1,638 4,082 675 4 17 7,382 263,839 2,921 8,015 45,190 - - 4 5,368 68,885 2,050 2,303 ------ 220,217 148,091 55,713 69,357 2,030 3,945 786*284 316,350 119,010 148,155 330,407 561,272 493,378 1,369,799 3 1,908 34,261 1,271 1,922 561,574 4 4,238 78,618 2,713 3,285 493,373 1,375,774 4 3,441 59,300 963 2,983 11 15,058 161,706 1,991 6,873 35, 397.100 2103, 4-3 9,$¿9,399 2162,207 3, 017,310 1920,205 1754,242 5, 876,271 1384,135 801,866 1406,031 1085,071 4 , 016,865 l / A fte r deducting $87,000 p a r tic ip a tio n s o f other Federal Reserve Banks.
@FedFRASER