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Form F. R, 283

STATEMENT FOR THB PRESS
Released fo r p u b lica tio n
Friday morning* Nov* 17J
n ot e a r lie r *

Board o f Governors
o f the Federal Reserve System
November 16, 1944

CONDITION OF THE FEDERAL RESERVE BANKS
During the week ended November 15» member bank reserve balances increased
$398*000*000* Additifins to member bank reserves arose from an increase of.
$152,000,000 in Reserve Bank cred it and decreases o f $195» 000;000 in Treasury
deposits with Federal Reserve Banks and $152,000,.000 in nonmember deposits and
other Federal Reserve accounts,• o ffs e t in part by a decrea'se o f $32,000,000 in
gold stock and increases o f $43,000,000 in money in circu la tio n and $25, 000,000 in
Treasury cash« Excess reservas o f member banks on November 15 were estimated to
be approximately $1,100,000,000,
HolUifigs o f loans, discounts and advances decreased $44»000,000 and o f
United States Government secu rities $16,000,000. The decrease in holdings o f
United States Government secu rities resulted from a decrease o f $108,000,000 in
b i l l s and incroases o f $89»000,000 in c e r tific a te s and $3»000,000 in notes,
Changes in member bank reserve balances and related items during the week
and the year ended November 15, 1944» were as follows»

Increase or decrease
since
Nov, 15 ,
19UU

Nov, 8,
, I9hh

Nov. 1 7 ,
19U5

(In m illions o f d olla rs)
U* S, Govt. s e c u r i t i e s ( i n c l . guar, s e c . )
Loans d is c o u n t s , and advances
Other Reserve Bank c r e d i t

17,941
365
501

- 16
- 44
+ 213

+ 3,109
+
319
+
7

T o t a l Reserve Bank c r e d i t
Gold stocjc
T re a s u ry c u rre n c y

18,807
20 ,'694
4,114

+ 152
32
1

+ 8,435
- 1,402
13

Member bank r e s e r v e b a la n c e s
Money in c i r c u l a t i o n

14*557
24,717
2,338
119
1,883

+
'+
+
-

+ 2,294
- 5,158
+
45
288
164

Treasury cash
Treasury d e p o s i t s
Nonmember d e p o s i t s and o th e r F.R. acco u n ts

398
43
25
195
152

As Th-iroday, November 23, w ill be observed as a holiday in most Federal Reserve
Bank c it ie s , th e statement for next week w ill be issued on Friday, November 2ij*




STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS OK NOVEMBER'1% 1944
(In thousands o f d o lla rs)
Boston New York
Phila.
Cleve<i
Rich, Atlanta Chicago St.Louis
Min:

Form F. R. 2Q5c

Total
L I A B I L I T I E S
Fsceral 'Reserve notes
21*104,004 1351,555 4,631,094 1383,170 1042,999 1445,062 1257, 1*04
Depos-its j
Member bank-reserve aoet. 14,557,417 675,712 4,309 186 722, 9081114,742 625,879 615,635
U.SfcTreasurer-general a cct. 119,368
2,576. ■ 41,657
2,o4o
14,147
4,746
611
Foreign
1,244,736
50,587
04,875 1/1*30,759
110,561 106,763 47,935
Other
243, -564
5,175
5,725
140,409
5,981
15,071
2,561
Total deposits
16,165,035 766,858 5,472,091 059,290 1243,725 600,969 655,356
Deferred a v a ila b ilit y items 1,085,928 149,-951
578,552 111,39k 204,074 153,597 102,512
Other l i a b i l i t i e s including r
accrued dividends
1,199
348
-, 11,246
605
994
5,044
895
TOTa L LIABILITIES
59,166,343 2249, 568-10,554,561 2334,702 5296,895 2258,031 1996,365
Capital paid in
6,446
12,168
16,514
5,785
160, 769.
58,641
9 »-999
Surplus (S ection 7)
70,012
16,026
15,206
5,256
188,097
5,725
17,859
Surplus (S ection l j b )
4,421
7,092
•26,965
5,290
1,007
2*874
749
Other cap ita l accounts;
6,622
*6,667
n ,4 5 8
5,9?5
.. 100,524
5, ¿49 . 24,855
•
TOTAL LIABILITIES AND.
CAPITAL ACCOUNTS
39*642*698 2281,096 10/95,159 2575,S17 5541,700 2279,625 2014,547
Commitments to make
in du strial loans
—
2,546
50
275
575
■4,477.
F„R. notes outstanding .
C ollateral fo r F.R.notes
held by 'F.R.Agents t
Gold c e r t ific a t e s
E lig ib le paper
ILS.Govt.. s e cu ritie s

Discounts and advances
Industrial loans
U.S. Govt, s e cu r itie s
( i n c l . guar* s o c . }




3374,070

Kans.Cy*

904,182 466,485

775,531
773,531

Dallas San Fran.
551,462 2635,620

2133, 404. 558,925 526,705
25,085
5,184
6,700
143,745 37,187 26,591
5,732 11,362
1,905

679»765 627,754 1638,754
■ 98O
12,051
5,535
93,706
54,738
34,733
52,221
3,912
5,614

2510,969 590,676 561,699
512,657 39,752 39,736

719,455
100,515

326

470

• 1,150

54o

671,739 1346,732
74,352 103,468
456

945

6498,346 1584,930 368,296 1594,117 1278,469 4671,765
5,082
15,462
5,050
5,172
19.193
5,4-79
26,490
5,669
6,550
4,851
4,554
14,159
2,129
1,000
530
1,429
; 1,157
1,507
6,710
4,215
4,814
14,851
4,567
4,193
6560,809 1601,065 881,011 1609, 79k 1295,852 4708,225
—

55

—

976

21, 696*330 1361,545 4,857,927 1415,656 1884,196 1469,407 1274,514 5951,958- 955,661*476,249
-

79?,426

560,155 2735,658

.. ..

Total

Within
,15 days

612,000 855,000 615,000 590,000 2570,000 u25,ooo 205,000 500,000 246,000 1774,000
-—
—
■—
5,290
—
4,000
3,875 19,850
14*565
800,000 1050,000 875,000- 700,000 1400,000 564,525 275,000 500,000 545,000 1000,000
MATURITY DISTRIBUTION. OF LOANS AND SECURITIES
1 to 2
2 to 5
Over
6 months
91 days to
51 to
61 to
l6 to
5 years
years
years
to 1 yt>ar
6 months
90 days
60 days
30 days

357,424
7,988

314,465
•7,517

* 21,458
526

17,940,951

2,426,572

11,217,000
341,608
10, 619^325

.575,000 2 , 470,000
278,853
-10,175
810,000 2, 500,000

14,750
192

6,755
4

59

,

18

61

51

92,200 888, 602. 856,79^
1,917,640
1 671,621
2,28*6,894
5,686,168
4 ,ll4 ,6 6 o .
l / A fte r deducting $ 762, 952,000
p a r tic ip a tio n s o f other Federal Reserve 3anks,

Form F. R. 283a
Released fo r p u b lica tio n Friday morning, November 17,1944-5 not e a r lie r ,

STATEMENT OF CONDITION
OF THE TWELVE FEDERAL RESERVE BANKS COMBINED
(In thousands o f d o lla rs)
Increase or decrease
since
Nov; 1.5,
1944

Nov, 8,
1944

Nov, 17,
19^5

17,980,065
559,621
241,887
18,781,573
557,424
7,988

- 36,000
+ 11,510
+ 6,575
-17,915

- r , 825, 150
+ 451,671
76,785
- f , 468,264

- 43,75?
270

+• 525,689
4,067

11,680,664
5,905,490
1,111,571
1,245,426

- 107,890 • +5,874,558
+2,154,240
+ 89,000
+ 422,971
+ "2,500
—
- 522,655

ASSETS
Gold c e r t ific a te s on hand and
due from U, S, Treasury
Redemption fund - F, R, notes
Other cash
Total reserves
Discounts and advances
Industrial loans
U. S. Govt, s e cu r itie s:
B ills
C ertifica tes
Notes
•Bonds
Total U, S, Govt, secu rities
( i n c l , guar. se6.)
Total loans and secu rities
Due from foreign banks
F; R, notes o f other banks
Uncollected .items
Bank premises
Other assets
TOTAL ASSETS

16,590

+8,109,154

18, 506,363
136
74,9132,386,580
34,389
58,739

- 60,417
+ 6, 041.
+ 746,962
+
l
+ 2,284

+8,428,756
—«r
+
5,509
+ 586,552
5,985
5,457

39,‘ 642,698-

+676i956

+ 7 ,5 4 5 ,n i

21,104,084

+ 88,978

*5.129,944

14,557,417
119,568
1,244,736
' 243,564
16,165,085
1,885,928

+397,966
-194,342
+ 24,082
-175,522
+ 52,184
+555,998

+2, 94 175
- 287,257
- 118,657
- 106,926

1.7,9^0,951 .

-

L I A B I L I T I E S
Federal Reserve notes
Deposits s
Member bank-reserve account
U.S.Treasurer-general account
Foreign
Other
Total deposits
Deferred a v a ila b ility items
Other l i a b i l i t i e s including ■
accrued dividends
TOTa L LIABILITIES
C A P I T A L ACCOUNTS
Capital paid in
Surplus (S ection 7)
Surplus (S ection 13b)
Other cap ita l accounts
TOTAL LIABILITIES' aND CAPITAL ACCOUNTS
Ratio o f to ta l reserves to deposit
and F, R, note l i a b i l i t i e s comb in,ed
Commitments to make industrial loans




11,246

■+

450

£,

+1,781,555
+ 5B0,123
*+
2,995
+7, 294,415

39,166,343

+675,590

160,769
188,097
26,965
100,524
39, 642,698

+

+676, .956

+7,345,111

. 50. 4%
4,477

-

-

266
. .
•mmm

+

1,100

.2%
545

.+
+
+
+

10,347
27,686
136
12,527

16,395
5,029

Form f f R. 283b
STATEMHJT OF CONDITION OF 'THE FEDERAL RESERVE BAHKS ON .NOVEMBER 15, 1941*
(I n thousands o f d o lla r s )

A S-S E T S
Total

P h ila.

Cleve.

Rich.

885,766 i1» 580,991
124,299
40,476
19»483
63,084

915,741 :1307*767
4o,668
52;484
21,819
19,513

894,550
45,473
12,537

901,866 3650,443
35,395
71,645
16,978
28,407

754,970 345,088
33,012 13,596
11»798
4,973

639,440
23,969
12,520

536,942 2566*501
1-7*445
61,159
22,539
8,236

945,725 1*»768,374

975,922 :1382,070

952,560

954,239 3750,495

799»780 363,657

675,929

562,623 2650*199

1,010
323

4,000
138

19 »8 50

5,290
• 25

353
—

902,691 :1326,206
208,046 225,707
64,228
59,203
71,860
66,237

863,150
181,250
51,576
57,705

402,762 336,170
172,884 62,868
49»197 17,891
55,043 20,017

612,057
117,723
33,499
37,479

472,567
99*436
28*297
31,659

Total U.S. Govt, sep u rities
( in c l. guar. s e c .)
17,940,951 1131,980 ;?, 066“ 837 1236’, 177 :L688,001 1153,689

923,115 2385,869 •679,886 436,946

800,758

631,959 1805,734

Total loans and
se cu rities

928,241 2393,119

688,761 456,796

806,073

632,312 1810*662

4
17
3
9,872
2,516
5,795
393,770 101,696 55,309
2, 89a
2,056- i,2 5 6
10,646
1,474'
2,973

4
5,703
117,291
2,673
2,121

11
4
11,956
•3,503
92,623 227,238
•' 917 ' 1,960
' 1,870
6,197

2279,625 2014,547 6560, 809- 1601,065 881,011

1609,-794

1293^852 4708,223

Gold c e r t ific a t e s on hand and
due from U.S.Treasury
17»980,065
Redemption fund-F.R.notes
559,621
Other cash
24.1,887
Total reserves
Discounts and advances
Industrial loans
U. S. Govt, s e cu ritie s;.
B ills
C e rtifica te s
Notes
Bonds

18,781,573
357,424
7,988
11,680,664
>»905.490
1,111,371
1,243»426

Boston

New York

10,175
1,454

853»448 2 910,606
173»763 ]L, 345,168
382,790
49»447
428,273
55»322




14,565
3,111

18, 306,363 1143,609 ï>, 345,776 1253,853 :1689,334 1157,827

Due f r m foreign banks
10
136
E. R. notes o f other banks
2,031
74,918.
Uncollected items
2,386,580 184,981
Bank premises
1,619
34,389
Other assets
3,121
58,739
TOTAL a s s e t s

278,853
86

1 /4 9
13,643
541-, o45
8,934
17»338

12
12
6
2,096 , 3,924
6,852
137,237 •257,747 156,699
3", 480 ' 4,-120 * 2,866
2,815
3,217 ; 4,493

39,¿¿*2,698 2201,096 10, 695,159 2375,817

354i,‘70o

Atlanta

5,103
23

Chicago St,Louis

7,250
—

698,479 1099»132
140,139 802,732
39,879 228,431
44,618 255,574

4
7,027
120,944
1,618
2,474

8,875
~

Minn* Kans.Cy.

—

l / A fte r deducting $87,000. p a r tic ip a tio n s o f other Federal Reserve Banks.

Dallas San Fran»

2,100
2,828

'
1203,388
375,17k
106,933
119,639