The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYSTEM May 26, 19I4.9 (For Immediate Release) H.l±.l CONDITION OF THE FEDERAL' RESERVE BANKS Buring the week ended May 25 member bank r e s e r v e b a l a n c e s d e c r e a s e d |275,000,000 % Reductions i n member bank r e s e r v e s r e s u l t e d from a decrease of 1687,000,000 i n Reserve Bank c r e d i t , o f f s e t i n p a r t by d e c r e a s e s of $25,000,000 i n money i n c i r c u l a t i o n , $358*000,000 i n Treasury d e p o s i t s w i t h F e d e r a l Reserve Banks, and $27*000,000 i n nonmember d e p o s i t s and o t h e r F e d e r a l Reserve accounts* Excess r e s e r v e s of member banks on May 25 were e s t i m a t e d a t $760,000,000, Holdings of l o a n s , d i s c o u n t s and advances d e c r e a s e d $602,000,000 and h o l d i n g s of United S t a t e s Government s e c u r i t i e s , $15,000,000* The decrease i n h o l d i n g s of U n i t e d S t a t e s Government s e c u r i t i e s r e f l e c t s a decrease of $70,000,000 i n bonds, and i n c r e a s e s of $25,000,000 i n b i l l s and $30,000,000 i n c e r t i f i c a t e s * Changes i n member bank r e s e r v e b a l a n c e s and r e l a t e d items during t h e week and the y e a r ended May 2 5 , I9J4.9 were as f o l l o w s : I n c r e a s e or decrease since May 2 5 , ___l9ij9 May 18, May 2 6 , 19U8 ( I n m i l l i o n s of d o l l a r s ) U. S* Government s e c u r i t i e s Loans, d i s c o u n t s and advances Other Reserve Bank c r e d i t 19,691 172 185 - 15 -602 - 70 - Total Reserve Bank c r e d i t Gold s t o c k Treasury currency 20,010 21+, 339 i+,591 -687 + 1 -1-153 +1,014+ + 30 Member bank reserve balances Money in circulation Treasury cash Treasury deposits with F* R* Banks Nonmember deposits and other F. R* accounts 18,027 27,367 1,312 668 1,605 -275 - 25 - 1 -358 - 27 +1,126 - 901 150 101 333 2.1 -1,120 + 270 H,iul(a) STATEMENT CF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED ( I n thousands of d o l l a r s ) I n c r e a s e or d e c r e a s e since ASSETS Gold c e r t i f i c a t e s Redemption fund for F . R. n o t e s T o t a l gold c e r t i f i c a t e reserves Other c a s h Discounts and advances I n d u s t r i a l loans U. Sft Govt, s e c u r i t i e s s Bills Certificates Notes B 0 nds T o t a l U» S # Government securities T o t a l loans and s e c u r i t i e s Due from f o r e i g n banks F t R. notes of o t h e r b a n k s Uncollected items Bank p r e m i s e s Other a s s e t s TOTAL ASSETS fey 26, I9h8 May 13, 1*9 May 25, 19U9 + + - 12,002 Hi, 710 2,708 2,896 601,779 10 +1,1214,261 33,585 +1,090,676 3,1455 - 1149,567 260 24,215,635 + 6,7/47,800 + 359,100 8,370,600 - 2U.607 30,000 — 69,800 -3,982,956 +2,621,807 -1,587,700 +2,0)47,600 19,691,135- 15,193 - 19,862,952 - 616,982 -1,051,076 ' [49 98d907 2,312,883 32,1437 181,880 1,763 Ii08,8l9 214 3,812 + 5,1*78 196,151 18a ii,37i 145,882,5143 -1,023,588 - 15fc.293 23,2140,920 - - 3247,005 2 2 , 529,li31 587,138 23,116,569 276,866 171,190 627 + 901,2149 - LIABILITIES Feder~al""Reserve notes " Deposits! Member b a n k - r e s e r v e account U . S . T r e a s u r e r - g e n e r a l account Foreign Other Total deposits Deferred a v a i i c . b i l i t y i t e m s Other l i a b i l i t i e s i n c l u d i n g accrued dividends TOTAL LIABILITIES C A P I T A L ACCOUNTS C a p i t a l paid i n S u r p l u s ( S e c t i o n 7) Surplus ( S e c t i o n 13b) Other c a p i t a l a c c o u n t s TOTAL LIABILITIES MD CAPITAL ACCOUNTS R a t i o of gold c e r t i f i c a t e r e s e r v e s t o d e p o s i t and F . R, n o t e l i a b i l i t i e s combined Contingent l i a b i l i t y on a c c e p t a n c e s purchased for f o r e i g n correspondents Commitments t o make i n d u s t r i a l l o a n s 18,026,670 667,528 1482,609 1495,358 19,6T^, 16b 2,127,825 - 28.97U +1 ,125,603 - 1 ,120,032 + 110,311 + 79,551 27U,873 358,055 H,393 15,931 660,^5^ 538,79U - 924,759 596 12,878 + 1*5,053,788 -1,027,14224 ~ 5,005 251,336 31 2014,1461 + — 1466,711 ... 27,5143 130,0U0 + 3,805 U5.882.5U3 - 1 , 0 2 1 , 5 8 8 + + 6,3Ul 18,522 + - 72,180 1524,293 53.9?° 5,765 + 2,373 - .9% 9 15 +• • 195,U33 2.8% 2,ii65 U.261 H.l+.l(b) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MAY 2 5 . 191+9 (In thousands of d o l l a r s ) ASSETS Gold c e r t i f i c a t e s Redemption fund f o r Total Boston 22,529,1+51 805,888 587,158 52,066 25,116,569 855,951+ 276,866 171,190 26,1+56 12,951+ F. R. notes T o t a l gold New York Phila. Cleve. Rich, Atlanta Chicago S t , L o u i s 7,091,652 1155,155 1618,953 1009,250 1002,722 1+598,1+12 1+6,1+91+ 56,819 72,81+5 51,291+ 1+2,510 91,876 Minn, Kans.Cy. 702.755 1+51,817 855,1+76 1+1+.01+5 22,778 55,585 Dallas SanFran. 608,112 2855.299 26,123 l+u.707 certificate reserves other cash Discounts and advances Industrial loans U. S» Govt, securities: Bills Certificates Notes Bonds 627 1+,215,655 6,71+7,800 559,100 8,370,600 7,158,126 1211,951+ 1691,796 1060,51+1+ 101+5,252 1+1+90,288 71+6,780 l+7l+,595 869,059 58,298 5l+,569 —- 12,1+88 15,^3 59l+ 27,1+26 15,919 —- 18,565 10,967 55 290,690 998,589 287,021+ 588,628 1+65,517 1,599,161 1+59,61+7 622,356 2l+,77l+ 85,105 2i+,l+6l 53,120 577,1+71 1,985,71+9 570,189 772,029 21,272 7,552 — 57,689 17,111+ ll+,l+97 6,589 --- 7,059 3,6oo 11,087 9,726 — 634,255 2898,006 10,868 1+,125 — 270,505 225,906 628,71+6 227,715 156,1+08 205,805 1+55,188 561,770 1006,887 361+,665 218,1+1+6 326,578 25,055 19,252 53,581+ 19,1+07 11,625 17,569 537,568 li*S,773 121+9.035 1+52.363 270.982 l+0k.S69 51,165 15,032 — 182,261 291,876 15,555 362.070 373-362 597,909 31,819 7ltl .702 T o t a l II. SU Government securities 19,691,135 1358,1+52 l+,666,602 151+1,521 1816,155 1261+,112 1055,701 2958,252 1061+,il+8 65?,l 4 6l 952,1+21 851,71+0 l7lfli,792 Total loans and securities 19,362,952 1571,1+06 l+,72l,17l 1555,558 1852,052 1275,112 1065,055 2955,566 1070,557 Due from f o r e i g n banks k9 U n c o l l e c t e d items Bank premises Other assets TOTAL ASSETS 1+ 1+ 855,865 1759,821+ 2 2 7 2 1 2 2 1+ 98,907 l+,550 11,661+ 1+,518 6,556 17,765 8,552 ll+,l8l 7,750 2,668 5,159 5,1+50 12,551+ 2,3*2,885 176,1+06 1+1+5,591 ll+9,255 211,761 210,212 l61+,l+75 558,011+ 129,522 62,81+6 120,026 112,01+5 192,752 52,1+57 181,880 1,166 12,509 8,013 1+2,896 3,025 12,01+1 l+,8o6 16,936 2,520 11,700 l,5l+8 9,718 3,185 27,21J+ 1,925 10,395 1,167 5,768 2,357 8,597 ?!+3 7,876 1,981+ 16,230 F.R,notes of other banks 5 l / l 6 61+1,061 962,ll+7 1+5,882,51+3 21+1+8,1+50 12,1+25,775 271+8,1+23 3791,157 2596,1+18 2515,852 7865,91+2 1981,1+08 1195,165 1978,1+11+ 1625,062 1+912 ,517 l/ A f t e r d e d u c t i n g $ 5 5 » 0 0 0 p a r t i c i p a t i o n s of o t h e r Federal Reserve Banks- H. 2*. 1 ( c ) STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON M&Y 2 5 , 192*9 ( I n thousands of d o l l a r s ) T0tal Boston New York Phila. Cleve. Rich. A t l a n t a Chicago S t . L o u i s Minn. Kans.Cy. 25,22*0,920 1572*, 557 5,516,02*9 1611.2*17 2082,568 152*0,12*1 1278,727 2*1*76,930 1078,1*55 610,690 908,807 L I A B I L I T I E S F e d e r a l Reserve n o t e s Depositsj Member b a n k - r e s e r v e a c c t . 18,026,670 78i*,l*51 U.S.Treasurer-general a c c t . 667,528 39,881* Foreign 2*82,609 29,226 2,990 °ther ^95,558 Total deposits 1 9 , 6 7 2 , 1 6 5 856,531 Deferred a v a i l a b i l i t y i t e m s 2 , 1 2 7 , 8 2 5 165,559 Other l i a b i l i t i e s i n c l u d i n g accrued d i v i d e n d s 811 12,878 TOTAL LIABILITIES 1*5,055,788 2395 58 C a p i t a l paid i n 202*, 1*61 11,2*63 Surplus ( S e c t i o n 7) 2*66,711 29,52*7 Surplus ( S e c t i o n 15b) 27,5145 5,011 Other c a p i t a l accounts 150,02*0 9,171 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 1*5,882,5145 22*2*8,2*50 Contingent l i a b i l i t y on a c c e p t a n c e s purchased for foreign correspondents 5,765 565 Commitments t o make i n d u s t r i a l loans 2,373 60 F.R. n o t e s o u t s t a n d i n g 25,962,598 ..12*22*, 163 C o l l a t e r a l f o r F.R. n o t e s h e l d by F . R . A g e n t s : Cold c e r t i f i c a t e s 13,5514,000 2*2*o,ooo E l i g i b l e paper 50,005 6,175 U.S.Govt, s e c u r i t i e s 11,625,000 1100,000 Discounts 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 Total 171,190 627 19,691,135 5,775,602 852,3Ui 1521*,008 7^8,729 782,022 2800,527 99,096 58,72+2 95,529 1*7,1*88 51*, 057 1+2,198 1 / 165,261 19,020 62*,018 57,112 1*2,679 22,751 1435,369 773 2,206 1,1*99 6,1*22* 1,752 6,2*75,528 938,2*2*5 12*27,168 815,2*10 82*0,557 2962,080 58i*,9l8 152,150 205,798 196,755 157,627 510,987 668,2*65 1451,798 82*7,510 56,829 59,677 55,31*6 16,700 11,598 16,700 1,5114 6,298 2*, 91*5 7145,2452 502*, 587 927,157 126,5514 57,189 109,815 Dallas 589,275 SanFran. 2375,526 859,082 21514,5524 56,865 245,819 241,327 16,237 351 31,259 899,1489 2285,985 179,828 102*, 867 562* 5,557 7U9 1,2*20 661 591 1,976 2*77 59I4 565 12,177,852 2682,739 371l4,95l4 2552,965 2277,502 7751,975 19148,716 1172,850 191*6,522* 159U,225 25,852 6,767 i*,5Uo 7,201 8,198 69,706 ll*,87l* 19,235 8,915 8,065 68,82*2 17,9714 11,797 17,008 l2*.,95l* 12*5,019 56,701* 1*5,968 22,2*17 20,028 1,2*29 521 1,073 1,157 1,507 7,519 14,1*89 1,006 5,5149 762 17,82*6 7,1*50 2*,925 6,72*2* 6,578 27,879 9,617 11,976 8,772 7,1477 1,115 2*650,250 19,62*9 1*0,655 2,12*0 11,825 12,2*25,775 272*8,2*25 5791,137 2596,2*18 2515,852 7865,9142 1981,2*08 1195,165 1978,1*12* 1625,062 1*912,517 2 / 1,822 208 12*2* 208 202 513 9I4 1,795 99 229 9 5,2*61,708 1652,765 2155,501 1595,685 1555,62*2 2*562,2*85 1112*,676 626,163 933,018 616,837 87 21*85,957 210,000 910 2*50,000 280,000 5,852 700,000 182*, 000 2*61 550 282 2*, 570,000 550,000 900,000 625,000 18,867 S395 2*, 83 5 5 1,000,000 1200,000 1500,000 1025,000 236 796 575,000 2805,000 850,000 1800,000 315,000 2,515 900,000 MATURITY DISTRIBUTION IP LOANS AND SECURITIES Within 16 t o 51 "t° 61 t o 91 days t o 6 months 1 to 2 to 15 days y ears 50 days 60 days 9O days 6 months t o 1 year 60 days 2*,999 2 ,881199 79,780 11 2* 83,577 16 5 37 7 562* l,052**057 5,867,029 560,855 1,82*6,200 2,005,200 2,355,1*91* 1/ A f t e r d e d u c t i n g $517,508,000 p a r t i c i p a t i o n s of o t h e r F e d e r a l Reserve Banks. 2/ A f t e r d e d u c t i n g $3,92*5,000 p a r t i c i p a t i o n s of o t h e r F e d e r a l Reserve Banks. 500,000 2 to [ years 1,652,000 2100,000 5,2*56 800,000 Over 5 years 6,39lj,300
@FedFRASER