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Form F. K. 283 ST a T£MEHT FOR THE PRESS Released for publication Friday morning, May 7 J not earlier. Board of Governors of the Federal Reserve System May 6, 191*3 CONDITION OF THE FEDERAL RESERVE BANKg During the week ended May 5 meniber.bank reserve balances decreased $21*0,000,000. Reductions in member bank reserves arose from increases of $90,000,000 in money in circulation, $279.000,000 in Treasury deposits with Federal Reserve Banks, $11,000,000 in Treasury cash and $61,000,000 in nonmember deposits and other Federal Reserve accounts, offset.in part by increases of $195,000,000 in Reserve Bank credit and $5.000,000 in Treasury currency. Excess reserves of member banks on May 5 were estimated to be approximately $2,130,000.000, a decrease of $150.000.000 for the” week. There was' an increase of $181*. 000,000 „in holdings of Uni tad States Govern ment securities. Bonds decreased $106,000,000 and notes $7,000,000, while certi ficates increased $69, 000,000 and b ills $229,000.000, Changes in member bank reserve balances and related 4tems during the week and the year ended May 5» 1943. were as follows* Increase or deorease since May 5, 1943 April 28, i?43 May 6, 1942 (In millions .of dollars) Bills discounted 15 U. S. Government direct obligations 6,1*79 Ü. S. Government guaranteed obligations 52 Industrial advances (not including 12 million commitments - ¡lay 5) 11* Other Reserve Bonk credit 290 + + 11 185 1 1 20 + 7 +4.047 + 46 + + 4 172 Total Reserve Bank credit Gold stock Treasury currency 6,850 22,473 l*,oil* ♦ + 195 1 5 +4.278 - 230 + 723 • liiember bank reserve balances Money in circulation Treasury cash Treasury deposits with F.R. Banks Nonmembor deposits and other FTR.accounts 11,909 16,683 2.245 722 1.778 240 + 90 + 11 + 279 + 61 - 535 ♦4.938 + 52 + 346 + 70 mm Foria F. R. 283c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS CN HAY 5, 1943 . (I*1 thousands o f d ollars) Boston New York Philai* Cleve*. Rich. Atlanta Chicago S t. Louis I* I B I L I T IB S Total ■' - ... 'J .............. F.R. notes in actual c ir culation 13,158*375 960,729 2*885,201 Deposits* Member bank-reserve .aicct..n, 909,223 610,985 3,892,268 U.S.Treasurer-general acct_ 721,867 49,171 215*823' Foreign 968,274 27,463 1 A 67 , 921* other 499,511 5,239 ~ 300,537 Total deposits 14,098,875 692,858 4,876,552 Deferred a v a ila b ility items 1 ^ 69,829 123,538 217,325 Other l i a b i l i t i e s including accrued dividends 6,979 742 1,796 t o t a l LIABILITIES 28,534,058 1777,367 7,980,874 Capital paid in 147,(*60 9,519 ‘ 53,662. Surplus (Section 7 ) l 6 o ,4 ll 11,160 58,001 26,829 2,874 7,070 ! f 79,592 4,873. 22,347 TQTaL LIABILITIES.. AND .. 1111 ■■■" ■ .. c a p ita l accounts 28,947,950 1806,298 8 , 121,954 Commitments to make in d u strial advances 12,313 717 • ' 10 a 1 + Minn, Kans. Cy* Dallas San Fran. 926,452 1,200,644 81*9,595 659,633 2 , 537,505 556*071 330,317 469 ,792 296 , 311*1 , 436,122 675,029 1,054,71*9 . 50,765 67,393 82,666 80,056 16,833 38,608 825,293 1*240,806 80,234 140,515 508,261 497,028 1 , 761,915 23*425 18,075 78,512 37,417 4,435 106, 1 6 1 . 15,315 30,456 5,852 584,418 549,994 1,952,41*0 91,226 76,895 198,154 413,253 37,116 26,105 21,358497,832 53,992 253,379 19,615 19,144 12,524 304,662 26,511 550,583 474,7861,216,987 47,942 35,449 78,581 24,365 26,105 66,433 7,199 3.581 42,209 630, 089539 , 72 11 , 404,210 69,176 42,128 150,135 460_______ 565______ 458 227______ 838 251 139 882 _ 171 400 1832,1*39 2 , 532,530 1525,697 1286,749 4,738,937 1108,146 661,679 1169,939 878,334 2 , 990,867 11*687 15,295 5,943 5,285 16,457 ^622 3,169 4,796 2 ^ 9 5 12,130 . 15,670 14,767 5,236 5,725 22,925 4,966 3,221 3,613 4,083 H^a44 4,393 1,007 3,21*4 717 1,429 530 1,000 1,137 1,307 2,121 5,619 7,5C9 3,889 3,555 12,360 3,555 3,450 3,624 3,047 5,699 ...... - - ..... . .... ........... — , . . . . . 1869,808 2 , 621,130 1544,009 1302,031 4,792,108 1121,319 672,519 1183,109 891,266 3,021,841 2,206 262 1 »190'. 103 ~ 1,679 — 2,240 — 3,906 F. R. notes outstanding 13 , 664,442 997,265 2 , 995,216 955,214 1,246,421 830,719 707,075 2,630,575 587,962 330,269 432,410 325,243 1,510,070 C ollateral for F.R. notes held by F.R*Agents* Gold c e r tific a te s 13,?97,000 961,000*3*020,000 • 375*000 1,250,000 767,000 .'660,000 2,670,000 400,000 340,000 430,000 330,000 1,544,000 E lig ib le paper 3,873 950 7,543 225 — 100 — — — — . 50 — u.s. Gov't se c u r itie s 550,000 50,000 — 100,000 — 125,000 50,000 — 220,000 — 5,000 MATURITY DISTRIBUTION OF BILLS jJiD SECURITIES 1 to 2 2 to 5 Over 6 months 9 I days to 31 to 61 to Within 16 to 5 years years years to 1 year 90 days 6 months Total 60 days 30 days f 15 days * — B ills discounted - 14,018 700 50 275. 15,043 — Industrial advances 782 213 173 1,456 665 13,773 391 9,939 149 U. S. Government secu rities* d irect and guaranteed 336,121 1,333,446 ,317,324 1,146,963 1,014,923 349,100 544,100 500,340 6,530,057 . 1*33,040 •# — « l/ After deducting $521,434,000 participations of other Federal Reserve Banks. — Form F. ft. 283a Released 'for publication Friday morning, May 7*1943» n° t earlier* STATEMENT OF CONDITIGHOF THE TiiELVE ^FEDERAL RESERVE B.iNKS CQMBINlSD (Jn thousands of dollars) : Increase or decrease since May 1943 April 28, 1943 20,255,915' 47.187 352,111. 20,^55,213. ' - 3 , 000* ♦ 1,575 . - 5,645 - 7 , 070. 5 , ; A S' S B ,T S Gold c e r tific a te s on hand and due , from U. S, Treasury ‘ Redemption fund ft; notes Other cash Total reserves . ^; B ills discounted* Secured by U. S. Gov't obligation s, d irect and guaranteed Other b i l l s discounted Total b i l l s discounted; Industrial advances U, S» Government s e c u r itie s , d irect and guaranteed* Bonds • • • : Motes ~ C ertifica tes •B ills Total U, S« Government secu rities» d irect and guaranteed 1 Total b i l l s and se cu rities Due from foreign banks F» R. notes of - pther tanks Uncollected items Bank premises Other a ssets TOT^L ASSETS “ May 6 1942 » 238,496 + : 32,316 ♦ ! 54,498 . " : 151,682 + ' • 15,043" 13.773 - 10,700 «i« - 10 , 700+ 978 - ♦' •. 1,936,467: 977,700 1 , 066., 150 2,550,540 - 106,100 - 6,475 ♦ 63,775 +227,754 . + 329,565 285,200 , ♦1, 045,450 +2,434,538 ' : 6 ,m 8 5 7 +183,954 +4,094,753 6,559,673 47. 62,018 1,560,090 33,916 71,993 * 28,947,950 +174,232 +4, 105,695 •• ♦ 36,413 544,913 1,644 + ; 25.46:1 15,043- •mm ♦ 2,340 - 4,002 54 - 3,197 +162,249 • m 1 7,-940 821 7,119 3,823 m» *4 , 559,156 L I A B I L I T I E S Ft R. notes in aotuiil circu lation Deposits Member bank-reserve account U,S, Treasurer-general account Foreign Other T6t a l deposits i Deferred a v a ila b ility itoms 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 C C OP N T S Capital paid in Surplus (Section 7) Surplus (Section 13b) Other cap ital accounts TOTAL LLVBILITIES AND CAPITAL ACCOUNTS Ratio of total' reserves to deposit and F. R. note l i a b i l i t i e s combined Commitments to make ind u strial advances .13.» 158,375 ♦ 90,373. +4,28 Í, 469 • 1 1 / 909,223 721,867 968,274 499,511 " 14,098,875 1 , 269,829 -239,758' ; ‘ • 534,661 ♦279,177 345,897 + 57,433 13,243 + 4'i,4i4 + 242 + 97,094 134,107 + 372.725 - 24,681. . -.1,376 +1¿1,41Ó ♦ ... i>587 ♦4,522,074 +. ♦ 793 +162,249. 2,439 2,909 48 31,686 ♦4,559,156 - - 28,534,058 ,147,060 . 160, 4 1 ; 26,829 79,592 28,947,950 75*8^! 12,313 + • 46 + + — - 1,155 + + + 14.2# 610 Fora. F* R. 283^ STATEMENT OF CONDITION OF THE(FEDERAL RESERVE BANKS ON MAY % l<?k3 (In thousands o f d o lla rs ) it S S B T S Total Boston Now York Phila. Clev6. kich. Atlanta Chicago St.Louis . Minn. Kans.Cy*. Dallas San Fran* Gold c e r tific a te s on hand and due from U* S. Treasury 20, 255,915 1230,61*6 5,467,936 1330,373 1,890,849 1069,485 9 0 1 ,792 3,608,440 621,560 470,734 828,851 610,290 2,216,951 kedemption fund - F.h.notes 47 , 1.37 3,129 1,171 5,581 446 8,185 2,905 1,130 15*797 306 .566 ¿07 7*364 Other cash 3 52 ,111 33,345 87,845 26,840 38,600 20,187 17,250 . 44,524 14,318 8,074 10,735 10,220 4 o ,i 65 Total reserves 20,655,213 126?, 120 5,556,952 1362,794 1,929,895 1097*857 921,947 3,654,094 B ills discounted! Secured by U.S* Gov*t ob ligation s, d irect and guaranteed 225 100 5,900 950 7,540 45 15,043 Other b i l l s discounted —1 - - — - - mm— “ Total b i l l s discounted 15,043 Industrial advances 13,773 0. S. Government se c u r itie s , d irect and guaranteed* Bonds 1,936,467 Notes 977,700 C ertifica tes 1 , 066,150 B ills 2,550,540 Total U. S. Gov*t s e c u r itie s , d irect and guaranteed 6,530,357 333,050 2 , 199,145 395,650 502,547 327,482 Total b i l l s and se cu rities 6,559,673 Due fron foreign banks 47 F.k. notes o f other banks 62,010 Uncollected items 1,560,090 Bonk premises 38,916 Other assets 71,993 38^,755 2 , 207,299 400,326 1/ 10 3 5 2,465 1,109 ^10,057 320,609 94,246 144*381 4,700 9,750 2,703 17,269 5,264 4,727 503,729 4 2,790 171,906 4,209 8,495 323,072 271,620 2' 2 5,612 6,661 104,394 96,595 1,632 3,024 4,548 3*524 TOT*LASS*TS 7,548 606 950 1,747 14 1,2 11 434,403 244,572 71*294 77,746 266,695 92,807 1203,475 225 4,451 45 1*137 146,902 185,959 93,008 74,167 30,879 - 102,382 120,318 93,702 100 490 5,900 309 120,477 98,156 60,827 49*559 66,331’ 54,o4l 79,847 63,655 -------- — 651,675 479,114 840,152 629,133 2,264,480 50 — — — m tmm -------- -------- « 69 92,023 252,058 127*264 46,458 50, 665 133,774 367,224 208,619 225 «IM — - - 78 50 333 225 28 4,025 57,827 29,190 31,837 34,286 92,548 46,728 50,953 66,493 77,066 33*900 42,430 44,340 187*837 94,837 103,417 175,774 256,722 202,744 561,365 ~ « 265,411 835*320 397*765 153,143 805*389 397*765 153,226 257,605 202, 997 . * 1* 1 1 6' 6,736 5,582 1,526 2,817 7,051 72,324 52,251 61,393 35,070 233,217 1,025 1,300 2,778 2,896 2,095 3,308 • 3,042 2,283 9,455 3,4£3 565,390 4 9,562 172,624 2,666 6,615 23,947,950 1806,290 8,121,954 1069,800 2,621,150 1544,009 1302,031 4,792,100 1121,019 672,519 1183,109 091,266 3,021,041 «Less than $500. 1 After deducting $29,000 participations of other Federal Reserve Banks«. /
@FedFRASER