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STATELIEST FOR THE PRESS 3-301 Released for publication Friday morning, ITov. 17; not earlier# Federal Reserve Board, Uovember l6f 1933 • 0011DITI01T OF FEDERAL RESERVE 3A23KS Hie daily average volume of Federal Reserve bank credit outstanding during the week ended November 15f as reported by tho Federal Reserve banks, was $2,577>O(?0»OOQ> an increase of $13,000,000 compared with the preceding week and of $372,000,000 compared v.dth the corresponding week in. 1932. On November 15 total Reserve bank credit amounted to $2,564,000,000, an increase of $22,000,000 for the week* This increase corresponds with increases of $67,000 ,000 in member bank reserve balances and $2,000,000 in unexpended capital funds, nonmember deposits, etc., offset in part by an increase of $27,000,000 in Treasury currency, adjusted, and a decrease of $19,000,000 in money in circulation. The System's holdings of discounted bills, of United States Treasury notes, and of Treasury certificates and bills show little change for the week, while holdings of bills bought in open market increased $8,000,000 and of United States bonds $2 f 000 f 000 # Changes in the amount of Reserve bank credit outstanding and in related items during the week and the year ended November 15, 1933> were as follows: Increase or decrease since !Tov« 15 1933 Nov, S 1933 Hov # l6 1932 (In millions of dollars) Bills discounted Bills "bought U. S. Government securities Other Reserve "bank credit TOTAL RESERVE BANK CREDIT Monetary gold stock Treasrary currency adjusted Ill 2,^32 6 2.56U U,322 1,930 Money in circulation 2,6^5 Menber hank reserve balances Unexpended capital funds,nonmenber deposits,etc. 51s - 1 + S + 2 +13 + - 196 20 5S1 10 +22 - 1 +27 + + + 356 3S 1 -19 +67 +2 - - + 25 + 2U5 + 126 Released for publication Friday morning, Nov. 17,1933". not earlier. B-801-a ASSETS AHD LIABILITIES OF THE TWELVE FEDERAL RESERVE B A R S COMBINED (In thousands of dollars) Hov. 15,1933 Sot. 8,1933 Nov. 16,1932 Gold with Federal Resei-ve agents . . . . . Gold redemption fund with U.S.Treasury . . 2,630,25!+ 38,185 2,637,126 39.266 2,21+1,169 1+2,106 Gold held exclusively against F.R.notes 2,668,439 2,676,392 2,283,275 668,019 2l+0,b95 661,187 21+0,710 321,867 1+21.927 A S S E T S Gold settlement fund with F. R. Board . . Gold and gold certificates held by banks . Total gold reserves Other cash* Total gold reserves and other cash . . . Re delation fund - F. R. bank notes . . . . Bills discounted: Sed. by U.S.Government obligations . . . Other bills discounted Total bills discounted Bills bought in open market U. S. Government securities: Bonds Treasury notes . . Certificates and bills Total U.S. Government securities . . . Other securities Total bills and securities Dae from foreign banks F. R. notes of other banks Uncollected items Bank premises * All other assets total assets 3,577,153 3.578,289 3,027,069 225,820 21*1,007 268,199 3,802,973 3,792,296 11,693 H»^57 26,-157 8*+, 980 26,298 85,963 3,295,268 101,293 205,879 111.^37 112,261 307,172 15,180 6,737 3*+,52*+ 1+1+2,691 1,021,001 967,910 2,1+31,602 1+1+1,210 1,020,979 967,912 2,1+30,101 1+20*693 368,38*+ 1,850,73!+ 1,569 1x5.52. 5,569 1,061,657 2,559,788 2,550,658 2,197,999 3,615 l6.0SU 526^831 5*4,732 1+9,198 3,700 lb,2^2 3^1^76 54»73° 1+8,822 2,7*6 ll+,310 1+39,203 58»l69 38,157 7,02^,97^ 6,819,781 6,01+5,255 2,973,0^+0 194,950 2,982,997 193,678 2,699,7^+7 2,61+5,232 64,220 7,532 65,529 14,593 75,U25 2,577,552 90,926 10,682 2,399,722 L I A B I L I T I E S F.R.notes in actual circulation . . . . . F^R.bank notes in actixal circulation . . Deposits: Member bank - reserve account Government . . . . Foreign bank Special deposits - member bank . . . . nonmember bank . . . Othor deposits . . „ . Total deposits Deferred availability items Coital paid in Surplus All other liabilities TOTAL LIABILITIES Ratio of total gold reserves and other cash* to deposit and F.R.note liabilities combined , . Contingent liability on bills purchased for foreign correspondents 26,036 10,922 65,210 —» lU,95^ 69,800 22.1+1+5 2,872,531 2,829,121+ 2,1+59,125 525,94-2 3.1+5,100 278,539 34,812 35^.583 145,301 278,599 35,499 431,775 151*993 259,421 1+3^4 7,024,974 6,819,781 6,045,855 65.1$ 3,896 65.2$ 63»9$ 10,700 3^,95^ * "Other cash" does not include F.R.notes or a bank*s own F.R.bank notes. A S S E T S ASSETS ARD LIABILITIES OF THE FEDERAL RESERVE BANKS OH NOVEMBER 15, 1933 (In thousands of dollars) Total Boston Gold with Federal Reserve agents 2,630,254 2l6,S72 38,185 1,806 Gold redemption fund with U.s.Treas. Gold held exclusively against F. R. notes Gold settlement fund with F.R.Board Gold and gold certif. held by banks Total gold reserves Other cash* Total gold reserves & other cash Redemption fund - F.R.bank notes Bills discounted: Sec. "by U.S.Govt, obligations Other bills discounted Total "bills discounted Bills bought in open market U. S. Government securities Bends Treasury notes Certificates and "bills Total U.S.Govt, securities Other securities Total "bills and securities Due from foreign banks F. R. notes of other "banks Uncollected items Bank premises All other assets TOTAL ASSETS 2,668,439 218,673 668,019 25,612 2*10,695 21,1+99 3,577,153 265,789 225,820 19,051 3,802,973 284,s4o 1,250 11,693 New York Phila. Cleve. Rich. Atlanta 576,706 167,000 206,770 123,075 8,029 4,395 4,626 1,867 584,735 171,395 212,855 147,44l 12,308 12,365 28,795 1,420 2,953 23,07s 12,691 12,161 2,821 385 1,544 250 344 13,346 4,215 584 267 6,235 41,192 24,816 6,819 15,130 5,4SS 1,310 9,919 1,249 1+1+2,691 2i+,3S9 170,045 28,070 350,919 71,677 67,373 68,690 967,910 61+, 592 2,1+31,602 157,671 1,569 2,559,788 163,1+13 285 3,615 i6,osi+ 330 526,891 57,865 54,732 3,280 — 1+9,198 1+56 7,024,974 511.719 11,899 998,963 224,863 273,564 166,601 125,232 6,856 1,021,001 66,537 18,530 392 37,274 4,713 27,846 20,601 111,1+37 737,332 126,014 97,634 3,033 1+,S16 926 1,783 64,354 1,633 129,942 3,063 26,^57 84,980 733,972 124,573 3,410 1,436 211,396 20,181 310,717 831,681 993 32,161 93,212 87,651 167,120 213,024 510 27,426 2,054,608 4,607 472,572 5,512 176,999 2,718 29,389 917,099 155,710 32,101 10,370 S50 38,943 93,446 154,398 577 1,339 4,508 4,094 1,028 371 378 2,297 2,633 2,229 14,008 18,524 24,711 23,240 72,781 68,442 66,475 166,331 76,950 171,753 188,640 14,493 16,311 34,376 32,324 10,770 31,176 29,297 40,562 25,412 38,145 23,338 35,732 33,601 78,562 71,243 437,3^3 93,200 65,611 S3,3^1 85,873 146 1,567 44,640 3,238 3,427 77,466 131 1,036 15,876 2,422 3,952 2,134 562,981 305,7^2 226,1+59 444,822 50s 3,129 72,394 7,609 66 69,008 15 543 13,157 95,024 1,559 22 772 23,684 3,285 599 1,481,324 289,827 85,490 280,296 732 397 — 13,145 469 3,625 1,632 — 6,520 182 2,835 3,067 264 — 78,970 267,151 500 1,427 11,862 137,964 32,129 48,206 3,834 30,981 262 5,847 492 42,074 1S1,763 933 6,201 93,705 43,007 12,067 85,459 144,720 9,678 7,987 307 949,200 166,080 361 2,103 92,390 1,315 5,779 444 — 379,35^ 193,756 224,192 1,251 4io 370 1,030 4,39^ 539 127,581 43,721 53,215 12,818 £.791 6,932 Minn. Kans.Cy. Dallas San Fran. 95.200 2,434 945,031 196,068 253,383 154,440 113,333 53,932 Chicago St.Louis B-8Cl-b 1,747 1,071 — 87,306 108 1,178 30,798 3,559 1,783 606 767 296 — 67,881 108 259 21,906 1,797 1,196 336 25,108 — 171,193 261 1,307 22,054 4,254 983 179,249 280,130 179,404 480,959 * >K)ther cash" does not include F. R. notes or a •bank's own F. R. hank notes. ASSETS AND LIABILITIES OF THE FEDERAL RESERVE B A M S OH H O V M B E R 15> 1933 (In thousands of dollars) L I A B I L I T I E S Total Boston New York Phila. Cleve. F # B # notes in actual circulation F#H#"bank notes in actual circulation Deposits: Member "bank - reserve account Government Foreign "bank Special deposits: member "bank nonmember "bank Other deposits 2,973*0^0 217,52s 19^,950 I3*3sk Total deposits Deferred availability items Capital paid in Surplus ill other liabilities 2,872,531 185,846 1,080,708 137,908 162,584 124,669 41,255 51,534 525,942 56,414 10,7S3 58,464 15,7^7 12,364 145,100 20,460 25,058 29,242 28,294 278,599 704 1M27 TOTAL LIABILITIES Eatio of total gold reserves and other cash* to deposit and F#B. note liabilities combined Contingent liability on bills xjurchased for foreign correspondents 2,61+5,232 181,252 6l+, 220 1,11+7 502 7,532 65,529 1^,593 75,^25 Rich* Atlanta 639,33s 232,8^9 279,076 11+9,697 122,230 51,W+ iH,iss 26,195 *+,533 5,7*6 1,000,^+37 124,701 150,481 788 » HI 1 2,157 28,058 2,952 5,653 1,^32 1+2,166 1,621 722 3,35s 8,224 1,990 650 6,373 171 681 1,520 80,536 1,682 268 2,256 67s 4,452 533,094 241 2,369 894 27,9S9 375 2,7SS 997 2,17s 11,616 928 4,415 10,544 2,801 Minn. Kans # Qy # Dallas San Fran* 71+3,726 11+2,903 30f 3^7 5,7^9 57,520 89,872 65,^71 44,113 15,282 4,923 Chicago St.Louis 9,261 4,300 576,535 73,688 12,982 39,^97 B-SOl-c 89,8^7 10^,623 M61+ 8,3^ 83,026 1,213 54,416 4,o4l 158 1,184 321 1,233 234 4,4l4 4,550 5,7^7 99,1S4 26,730 3,997 61,353 12,838 2,858 10,186 7,019 1,170 l,07S 3S,^93 212,730 13,795 10,^87 116,50s 85,163 178,098 2,004 1,671 7,986 482 199 199 2,678 392 3,199 675 101 1,631 11,151 933 122,944 89,056 201,070 30,917 4,242 23,95S 3,709 793 1,674 8,263 8,719 24,544 10,616 19,701 1,811 7,024,974 511,719 2,054,60s 472,572 562,981 305,742 226,459 1,481,324 229,827 179,249 280,130 179,4o4 480,959 65.1 3,896 70.6 2S5 58,1 1,29s 60.6 410 61.9 386 69.5 152 66.7 136 71.9 507 68.6 61.S 133 67.8 90 113 67.0 113 67,7 273 MATURITY DISTRIBUTION OP BILLS AND SHORT TERM SECURITIES Total Bills disco-cmted Bills "bought in open market Certificates and bills Municipal warrants 111,437 15,180 967,910 1,569 Tffithin 15 days 16 to 30 days 20,979 499 9,9S6 106,070 246,179 37 1,449 5,156 31 to 60 days 12,449 4,491 174,245 50 6l to 90 days 6,41|4 4,2C7 9S,7U 33 91 days to 6 months 1,423 147 186,200 * "Other cash" does not include J. R. notes or a "bank's own F, R. "bank notes. Over 6 months 156 156,505 FEDERAL RESERVE NOTE STATEMENT ON NOVEMBER 15, 1933 (In thousands of dollars) Total Boston New York phila. Cleve. Rich. Atlanta B-SOl-d Chicago St .Louis Minn. Kans # Cy, Dallas San Fran. Federal Reserve notes: Issued to F#R#"bank by F#R#a&ent Held by Federal Reserve "bank In actual circulation 2,973,o4o 217,52s Collateral held by agent as security for notes issued to "bank: Gold and gold certificates 1,51^579 74,555 Gold fund - F. E. Board 1,115,675 142,317 Eligible paper 3,4l6 78,405 562,600 19.000 U. S. Govt, securities Total collateral 3,271,259 239,2SS 639.33S 232,S^9 279,076 1^9,697 122,230 523,606 100,330 107,270 53,100 66,120 99,500 30,672 11,714 9,075 130,000 70,000 30,000 737,373 51,700 21,200 76,375 5,136 74,ooo 3,555 26,000 44.000 24s,714 295,845 159,261 11+2,755 743,726 142,903 39,347 104,623 33,493 445,972 233,000 3,214 50.000 20,574 212,730 91,000 90,763 96,200 35,000 28,378 29,854 19,590 72,300 1,285 23.000 28.600 17.000 70.000 95,237 112,757 43,246 255.729 737,186 153,863 1,733 21,500 3,367 1,172 3,966 FEDERAL H3SSRVE BASK SOTS STATEMENT OK NOVEMBER 15. 1933 (in thousands of dollars) Total Federal He serve "bank notes: Issued to F.l!.Barik(outstanding) Held by Federal Heserve bank In actual circulation Boston New York Phila. Cleve, Eich. Atlanta Chicago St .Louis Minn. Kans.Cy. Dallas San Fran. 221,536 26,5S6 23,605 3,621 63,375 11,931 13,6s4 4,496 27,434 1,239 4,600 67 6,31^ 59S 31,723 1,376 5,941 192 4,467 303 9,925 1,57/ 14,802 1,007 10,6l6 129 19^,950 19,984 51,444 14,133 26,195 4,533 5,716 30,347 5,749 4,164 8,348 13,795 10,487 1,929 243,274 30.000 64.274 19.000 -50.000 ^.000 193 q.000 ^6 t ooo 221 7,000 6 r ooo 10,000 16,000 IT,000 245,203 30,000 64,274 19,000 31,515 5,000 9,193 36,000 7,221 6,000 10,000 Collateral pledged against outstanding notes: Discounted and purchased bills U.S.Govt. securities Total collateral — — — 1,515 — —— —. —. 16,000 — 11,000
@FedFRASER