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Form F, R. 203
STATEMENT FOR THE PRESS

Released fo r p u b lica tio n
Saturday morning, Nov. 25}
not e a r lie r .

Board o f Governors
o f the Federal Reserve System
November 2jj., 1944

CONDITION -_F!THE FEDERAL RESERVE BANKS
During the week ended November 22 member bank reserve balances increased
$162, 000, 000. Additions to member bank reserves arose from increases o f
$534, 000,000 in Reserve Bank cre d it and $3, 000,000 in Treasury currency, o ffs e t
in part by increases o f $164,000,000 in money in circu la tio n , $132, 000,000 in
Treasury deposits with Federal- Reserve Banks and $79, 000,000 in nonmember deposits
and other Federal Reserve accounts. Excess reserves o f member banks on November 22
were estimated to be approximately $1,100,000,000.
Holdings o f loans, discounts and advances increased$115, 000,000 and ofUnited States Government secu rities $470, 000, 000. The increase in holdings o f
United States Government secu rities resulted from increases o f $405, 000,000 in
b i l l s , $63,000,000 in c e r t ific a te s and $2,000,000 in notes.
Changes in member bank reserve balances and related.item s during the week
and the year ended November 22, 1944, were as follow s:

Increase or.decrease
'since
Nov. 22,
1944

Nov. 15,
1944

Nov. 24,
I9k3

(In m illions o f d ollars)
U* S. Govt, s e c u r i t i e s ( in çl* guar# se e .)
Loans, discounts* and advances
Oth^r Reserve Bank c r e d it

18,1*11
Ubo
450

+ 470
+ 115
51

+ 8,047
+ 420
+
81

Total Reserve Bank c r e d it
Gold stock
Treasury currency

19,341
20,693
4,117

+ 534
«■
1
+
3

+ 8,549
- 1,388
+
16

Member bank reserve balances
Money in c ir c u la t io n
Treasury cash
Treasury deposits with F#Rf Banks
Komnembcr deposits and other F*R* accounts

14,719
24,881
2,339
251
1,962

+ 162
♦ 164
+
l
+ 132
+
79

♦ 2,317
+ 5,155
+
44
228
110




F ora F. k.

203c

T otal
L Î A B I L I T I E S
F e d e r a l R eserve n o te s
2 1 , 255,147
D ep o sits: Member b a ç k - r e s e r v e a c c t . 14,719.156
U .S. T r e a s u r e r - g e n e r a l a c c t . 250,855
F o r e ig n
li,26k,526
Other
502,836

Total deposits
16,557,155
Deferred a v a ila b ilit y items 1 , 432,906
Other l i a b i l i t i e s including
accrued dividends
11,407
TOTAL LIABILITIES

Capital paid in
Surplus (S ection 7)
Surplus (S ection 13b)
Other ca p ita l accounts

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS- ON- NOVEMBER 22, I9I1U
(I n thousands o f d o lla r s )
Minn. K ans.C y.
Boston New York
P h ila .
Cl e v e .
R ic h . A t l a n t a Chicago S t .L o u i s
1342, 305''4,724,451 1397,168 1858,132 1456,642 1237, 9^9 5904,779 906,858 469,950 776,1*64
**
^ 2 , 9 4 1 4 , 864,756 752,240 1144,551 614,536 605,936 2181,764 555,012 527,498 679,554
12,106
34,029
6,216
2 o ,546
65,198
10*985
14,772
21,354
24,725
8,624
86,802 1/488,704 111,941 108,291
55,286
48,670
58,956 150,877
57,719 26,769
18,025
4,461
165,609.
11,836
15,099
15,344
5,524
3,053
5,551
4,055

796,510 5,580,21*7
119,655
275,551
1,045

867,002 1302,015
83,216 168,428

689,276
116,918

1,263

648

2,977

894

669,757 2375,389
86,240 222,969
582

600,602 566,944 725,889
51,488 86,116
67,005

1,301

579

558

489

D a lla s San Fran.

531,649 2648,820
615,955 1726,875
24,160
10,11*0
55,286
95,045
5,950
54,555
665,289 1900,455
59,555 166,187
468

1,005

59,286,615 2259,295 10,585,026 2348,280 5529,858 2265,484 1994,528 6504,458 1574,822 868,740 1586,958 1256,761 .4 716,445
160,821
10„002
15,462
5,172
5,054
53,654
5',784
19,214
5,085
5,485
12 ,17 1
16,515
6,445
70, 012
15,206
5,669
16,026
188,097
5,256
6,550
4,554
4,851
26,490
5,725
14,159
17,859
2,129
7,092
1,000
5,290
26,965
4,421
550
1,507
2,874
1,007
1,157
1,429
749
4.240
6.808
6, 692.
25,276
5,980
4,227
4,875.
• 101,551
4,585
5,715
14,877
6,719
11,559

TOTAL LIABILITIES AND
c a p i t a l accounts

Commitments to make
in du strial loans
F.R* notes outstanding
C olla teral 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* securities-

Discounts and advances
Industrial loans
U.S.Govt* se cu ritie s
( i n c l . guar, s e c .)




59,764,027 2291, 09010,744,060 2389,450 5574,725 2285,147 2012,766 6566,448
4,466

275

»

-

50

2,535

575

-

•

-

1590,99k 881,475 1602,696 1272,175 4755,005
976

55

-

2 1, 851,752 1574,667 4,870*597 1426,260 1899,163 1486,469 1289,217 3968,745

940,050 478,143

1 1 , 250,000
409,577
10,783,122

425,000 205,000 310,000
249,000 1774,000
17,725 18,700
8,890
583,122 275,000 500,000 345,000 1100,000

575.000 2 , 470,000 577,000 850,000
41,975
308,130
11,957
- 810.000 2, 300, 000.^850,000 1050,000

615,000
2,200
875,000

600,000 2600,000
- - 700,000 1400,000

MATURITY DISTRIBUTIÛÎJ OF L0,».FS LND SECURITIES
6 months
9 I days to
31 to
61 to
16 to
to 1 year
6 months
90 days
60 days
30 days

Total

Within
15 days

473,663
6,742

429,545
6,396

22,150
143

8,4k0
51

18,410,524

3,015,268

1,856,070

3,882,472

l / A fte r deducting $773,855,000

13,528
4

35

23

4, 190,357 1, 672,621

1, 956,140

798,321

1 to 2
years
59

2 to 5
years

56k,66k 2755,436

Over
5 years

31

92,200 888,602 856, 79k

p a r tic ip a tio n s o f other Federal Reserve- Banks,

Form F. R. 283a
Released fo r p u b lica tio n Saturday morning, -November 25*19UU; not e a r lie r .

STATEMENT OF .GADDITION
OF THE T57ELVE FEDERAL RESElRVE BANKS COMBINE!)
(In thousands o f d olla rs)
Increase or decrease
since
, N.ov^ 15,
-1944

Nov. 22,.
19UU

Nov. 24,
19U3

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, securities*
B ills
C ertifica tes
Notes
Bonds
Total U, S, Govt, secu rities
( in c l » 1guar. s d c .)
:
Total loans and secu rities
Due from foreign banks
F. R#notes o f other bonks
Uncollected items *
Bank premises
Other assets
TOT.iL ASSETS
L I A B I L I T I E S
Federal Reserve notes
Deposits*
Member bank-re serve, accountU*S#Tr easu re r - gene ra1 p,c coun t
Foreign
Other
Total deposits
D e ferred 'a v a ila b ility items
Other l i a b i l i t i e s including
accrued dividends
TOT^L LIABILITIES
CA P I T A L ACCOUNTS
Capital paid in
Surplus (S ection 7)
Surplus (S ection 13b)
Other capital accounts
TOTAL LIABILITIES *ED Ca ?IT aL ACCOUNTS
Ratio o f tota l reserves to deposit
and F.R* note l i a b i l i t i e s combined ,
Commitments to make industrial loans




7,962,865
565,310
239,735
18,767,910

-1,821,350
+ 434,904
70,414
- 1, 456,860

-17,200
+ 5,689
- 2,152

473,663
6,742

-13,663
+116,239
- 1,246

12,085,737
3,967,990
1,113,371
1,243,426

+405,073
+ 62,500
+ 2/000
-

+5,828,030
+2,124,440
+ 419.971
- 325,792

18,410,524

+469 , 573

+3,046,649

19, 890,929

+584,566

+8,467,768

136
77,784
1,933,266
34,370
59,632

-

+ 426,053
4,934

-

-

-

10,250
3H,323
3,979
3,487

+ 2,866
-4 53 ,-314
19 .
+
893.

+
+

39,764,027

+121,329

+7,325,015

21, 255,147

+151,063

+5,123,765

14,719,156
250,835
1,264,326
303,836
16,537,153
1,482,906

+161,739
+131,467'
+ 19,590
+ 59,272
+372, 068'
-403,022

+2,317,239
- 228,374
- 134,078
37,978
+1 , 916,809
+ 229,933

11,407
39,286,613

+
161 ‘
+.120,270

3 ,H 7
+7,273,629

160,821
.188,097
•26,965
101,531
39,764,027

+

+
10,317
+
27,686
+
136
+
13,247
+7,325,015

- k9,7%4,466

52
-

-

+ . 1,007+121,329
-

,1% .
11

-

16. lfo
5,366

Form F. R.

283b

STATEMENT QF CONDITION.OF THE: FEDERAL RESERVE BANKS ON NOVEMBER 2 2 , 1914+
(in thousands o f d o lla r s )

ASSETS
Total

Boston

New York'

P h ila..

Cleve«

Rich.

Atlanta

Chicago St.Louis

Minn. Kans.Cy.

Dallas SanFran.

Gold c e r t ific a t e s on hand and
due from U. S. Treasury 17, 962,865
Redemption fund^FiIt.notes !
565 ,310
Other cash
239,735

905,673 14, 660,090 959,575 131+7,711 906,590
1+0,1.102
12l+,0l*2
1*3 ,ol+8 -52,501+ 1*6 , 85c
1/4 ,082
’
I8,7c6
59,521+
18,11*3
19,903

892,685 3517,931
71,51+8
35,301
23,266
18,370

721,316 351,027
32,9ol li+,08l
12,681*
k,525

629,973
25,91+5
13,71:2

511,952 2553,31+2
61,101
17 ,1+21
22,395
9,335

Total reserves

18,767,910

961+,2l8

1+73,663
'.6,71+2

1+1,975
20l*

91+6,356 3617, 71+5
52,600
i+,903
---23

766,981 369.633
17,72c 18,700

669,660
8,890
25

533,708 2641,838
120
303
---2,828

12,085,737
3,967,990
1,113,371
1 , 21*3 ,1+26

850 ,102
177,738
1*9,886
55,713

Discounts and advances
Industrial loans
U. S# Govt, s e c u r itie s t
B ills
C e rtifica tes
Notes
Bonds

81*3,656 1021,389 U+20,198
303,130
6,160
11,957
86
323
3 ,H 5

967,523

893 ,651+ 1351,527
212 ,1+28 2^1,258
5 9 , 601*
6L, 387
72,1*67
66,567

866,572
181*,803
51,353
57,910

2,969,75!:
1,362,1*50
382,287
!•26, 91+3

2,200
138

71k , 560
ii+3 ,010
bo ,127
Ub, 011+

----

----

12611,937 1*35,1+06 31*3,81*5
812,059 175,71+1 61). ,1+37
227,855
1+9,311 18,030
25k ,1+71
55,071 20,192

625 ,877 l*9l+,721 l27l+,782
120,387 101,750 381,879
33,780
28,550 107,151
37,726.
31,385 119,667

Total U. S* Govt, se cu ritie s
( i n c l. guar, s e c.)
18,1*10, 521+ 1133,1+89

5 ,'ll*l ,1*31* 1232,253 1720,139 1161,138

9l+2,5H 2559,322

715,529 ki+6,55k

817,770

656,906 1833,1+79

Total loans and
se cu ritie s

5 ,1+1*9 ,650 121*7,325 1726,622 1163,1*76

9l+7,1*3 7 ’ 2611,922

733,25b £+65, 25!+ ' 326,685

657,209 1886,1*27

18,890,929 1175,668

Due from foreig n banks
136
10
1/1+9
F* R# notes o f other banks
7 7 ,78!+
2,118
11**863
un collected items
1,933,266 lbb,b2b
'1+09,032
Bank premises
3i‘ ,370
1,619 •
8,93k
Other assets
59^32
•17,876
3,033
TOTAL ASSETS




12
. 2,371
111,761
. 3^ 80
3,11-2

12
b , 520
2ll+,o75
It,110
l+,588

6
1+
17
6,630
7,292
9,795
il+i ,766 107,509 313,01+9
2,890
2 , 859.
1,617
2 ,882
'2 ,5 5 1 ' 11,030

1+
3
6,782
2,916
78,866 l+l ,085
1,256
2,055
1,328
3,052

39,76k ,027 2291,090 10, 7U+,060 2389,1+50 337I+,725 2285, i!l7 2012,766 6566,1*1+8 1590,99b 6811+75
l / A.fter deducting $87,000, p a r tic ip a tio n s o f other Federal Reserve Banks.

1+
b , 310
97,171
2,673
2,193'

b
3 ,561;
69,91+5
917
1,826

11
12,623
203,983
l , 96ö
6,161

1602,696 1272,173 1+753,003