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STATEMENT FOR THE PRESS St. 6so6 Released f o r p u b l i c a t i o n Saturday morning, Nov. 29; not e a r l i e r . CONDITION OF Federal Reserve Board, November 2S, 1930. RESERVE BANES The d a i l y average volume of Federal reserve bank c r e d i t outstanding during the week ending November 26, as r e p o r t e d by the Federal reserve banks, was $1,022,000,000, a decrease of $5,000,000 compared with the preceding week and of $503,000,000 compared with the corresponding Week i n l$2Qt On November 26 t o t a l reserve bank c r e d i t amounted to $1,028,000,000, an i n c r e a s e of $25,000,000 f o r the week. This i n c r e a s e corresponds wi\h an i n crease of $83,000,000 i n money i n c i r c u l a t i o n , o f f s e t i n p a r t by decreases of $39,000,000 i n member bank reserve balances and $6,000,000 i n unexpended c a p i t a l f u n d s , e t c . , and i n c r e a s e s of $10,000,000 i n monetary gold stock and $4,000,000 i n Treasury currency, Holdings of discounted b i l l s increased $29,000,000 during the week, the p r i n c i p a l changes being i n c r e a s e s of $7,000,000 each a t t h e Federal Reserve Banks of Hew York and Richmond and $3,000,000 each a t P h i l a d e l p h i a and Cleveland. The System's holdings of b i l l s bought i n open market declined $2,000,000 and of Treasury c e r t i f i c a t e s and b i l l s $8,000,000, while holdings of U. S. bonds increased $7.000*000 and of Treasury notes $1,000,000. Changes i n the amount of r e s e r v e bank Credit o u t s t a n d i n g and in r e l a t e d items during the week and the year ending November 26, 1930, were as f o l l o w s : I n c r e a s e or decrease since Nov. 26 1930 Nov. 19 ' 1930 Nov. 27 1929 ( i n m i l l i o n s of d o l l a r s ) B i l l s discounted B i l l s bought United S t a t e s s e c u r i t i e s Other reserve bank c r e d i t TOTAL RESERVE BALTIC CREDIT Monetary gold stock Treasury currency a d j u s t e d 234 176 5l£_« 22 ' 1,028 4,566 1.737 Money i n c i r c u l a t i o n 4,565 Member bank r e s e r v e balances 2,410 Unexpended c a p i t a l f u n d s .nonmember d e p o s i t s , e t c 4o6 29 4• — — 2 - + MM - 444* • + — - — 2 25 10 4 + 33 .. 39 6 4• + . 673 81 270 5 4g4 199 21 292 34 17 Eeleased f o r p u b l i c a t i o n Saturday morning, November 2 g , i g ] 0 ; n o t e a r l i e r . St.6806a RESOURCES AO LIABILITIES OP 'ZiZ TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of d o l l a r s ) Nov. Zb.iqlQ Noit. lq.iq^O Nov. 27.1Q2Q RESOURCES Gold with Federal reserve agents . . . Gold redemption fund with U.S.Treasury Gold h e l d exclusively a.rainst F.R.notes Gold settlement fund with F.R. Board . . Gold and gold c e r t i f i c a t e s held by banks Total gold r e s e r v e s Reserves other than gold . Total reserves . . . . Non-reserve cash B i l l s discounted: Sec. by U.S.Government obligations . Other b i l l s discounted Total b i l l s discounted . . , B i l l s bought i n open market U. S. Government s e c u r i t i e s : Bonds Treasury notes Certificateseand b i l l s Total U.S.Government s e c u r i t i e s Other s e c u r i t i e s Total b i l l s and s e c u r i t i e s Due from f o r e i g n banks . Uncollected items . . . . F. R. motes of other banks Bank premises All other resources . . . TOTAL RESOURCES L I A B I L I . . . . TOTAL LIABILITIES R a t i o of t o t a l r e s e r v e s to deposit and F. R. note l i a b i l i t i e s combined . . Contingent l i a b i l i t y on b i l l s purchased f o r f o r e i g n correspondents 1,589,056 35,082 1,624,138 500,471 916,373 3,O4O,982 150,302 1,705,752 593,449 688,227 2,987,428 147,192 3,163,802 61,210 3,191,284 68,395 3,134,620 79,097 87,419 146,433 233,852 176,106 76,357 128,680 205,037 178,273 463,173 449,176 912,349 257,315 45,742 258,151 291,741 595,634 6,348 1,011,940 707 531,631 l4,o67 59,702 24,388 39,110 257,037 299,626 62,791 134,649 128,658 595,773 6,297 985,380 , 705 613,143 18,839 59,702 21,564 326,098 18,698 1,514,460 1,629,465 76,287 r. 7 2 3 648,888 28,031 59,157 11,637 4,867,447 4,959,012 5,476,613 1,421,86s 1,383,6O4 1,930,181 2,409,929 29,384 5,377 18,723 2,463,413 516,493 170,468 276,936 18,269 2,448,746 37,137 5,433 22,879 2,514,195 595,772 170,455 276,936 18,050 2,375,650 35,847 5,021 20,519 2,437,037 641,594 168,321 254,398 45,082 4,867,447 4,959,012 5,476,613 TIES F. R. notes i n a c t u a l c i r c u l a t i o n . . . Deposits: Member bank - reserve account . . . . Government . Foreign bank Other deposits . . . . . . . . Total deposits Deferred a v a i l a b i l i t y items . . . . . Capital p a i d in . All other l i a b i l i t i e s . 1,592,506 35,085 1,627,591 ^74,745 922,634 3,024,970 138,832 81.1 428,938 81.95 71.1 428,561 509,380 RESOURCES MD LIABILITIES OF THE FEDERAL RESERVE BANKS ON NOVEMBER 26, 1930 ( i n thousands of d o l l a r s ) S t . 6So6"b To t a l Boston New York P h i l a . CI eve. Rich. A t l a n t a Chicago S t . Louis ISLnn. Kans.Cy. Dallas San Fran. Gold with F e d e r a l r e s e r v e a g e n t s 1,592,506 1U9,917 355,636 139,600 180,550 63,000 118,000 169,000 72,395 46,595 65,000 27,050 205,763 Gold redemption f u n d with U.S.Treasury 35.085 1,583 14,226 1,750 2,035 1,436 1,816 1,14-2 1,620 817 1,470 1,117 6,073 Gold h e l d - e x c l u s i v e l y a g a i n s t F. R C a f o e s 1,627,591 151,500 369,862 I4I,35O 182,585 64,436 119,816 170,142 74,015 47,412 66,470 28,167 211,836 Gold s e t t l e m e n t f u n d with F.R.Board 474,7-45 11,493 170,008 42,305 53,691 13,454 5,775 4 s , 6 6 l 37,534 14,377 22,555 IO,54O 44,352 • Gold and g o l S ^ e r t i f . h e l d "by "banks 922,634 38,003 558,824 25,459 60,522 8,899 8,115 164,479 14,051 4,866 6.889 10.995 21.532 RESOURCES Total ^ o l ^ r e s e r v e s Reserves o t h e r than g o l d 3,024,970 200,996 1,098,694 2 0 9 , l l 4 296,798 138,832 12,274 34,970 8,458 8,524 86,789 133,706 383,282 125,o00 66,655 6,885 8,835 19,642 10,273 , 4,037 total reserves Non-reserve cash B i l l s discounted: Secured "by U . S . G o v t , o b l i g a t i o n s other "bills discounted Total "bi^Lls - d i s c o u n t e d B i l l s "bought, i n open market U. S. Government s ^ e u r i t i e s : Bonds Treasury n o t e s C e r t i f i c a t e s and "bills 3,163,802 213,270 1,133,664 217,572 305,322 6i,2io 9,603 14,446 3,176 3,109 93,674 l 4 2 , 5 4 l 402,924 135,873 3,021 3,773 9,375 3,949 Total U.S. Govt, s e c u r i t i e s Other s e c u r i t i e s Total "bills and s e c u r i t i e s Dae from f o r e i g n "banks U n c o l l e c t e d items F. R. n o t e s of o t h e r "banks Bank premises All other resources TOTAL RESOURCES 87,4l9 146,433 233,852 176,106 8,926 7,132 16,05s 14,553 19,132 19,073 38,205 48,211 9,447 12,007 21,454 2,945 16,975 13,674 30,649 17,687 10,465 18,87b 45,742 258,151 291,7% 1,518 20,299 25,930 4,503 75,979 10b,888 1,273 24,223 28,513 595,634 6,348 47,747 1,000 187,370 4,250 54,009 1,000 1,011,9*40 707 531,631 14,067 59,702 24,388 79,358 52 58,680 238 3,580 478 278,036 235 144,244 3,781 15,664 6,235 95,914 7,019 49,70 2 277,720 8,407 9,508 70,692 102,933 1,459 1,621 58,109 287,228 3,139 4,539 8,855 10,258 5,bl5 9,093 729 3,083 2,910 11,909 l,3l4 6,972 2,391 5,574 29,341 9,340 60O 28,982 29,642 9,853 19,113 18,944 14,708 6,914 3,812 4,753 14,819 8,189 8,286 5,107 7,765 28,610 i,o44 31,500 27,463 1,452 7,343 9,377 113 4,745 2,835 21,059 27,718 35.410 500 8,125 5,032 11,254 10,430 528 12,933 lb,521 8,168 10,866 11,101 552 23,166 17,273 60,007 18,172 7,693 84,187 8,625 26,716 98 29,982 30,135 40,991 79,408 108,343 68 71 45,769 51,656 267 909 2,6l4 7,064 279 1,167 56,853 30 39,508 1,234 3,339 929 47,188 1 22,244 25 q4 15,273 63,763 736 1,493 2,658 8,295 4,057 681 30,247 25 22,709 1,574 3,811 7,726 35,379 16 11,458 744 2,018 436 52,990 21 30,571 1,395 3,972 642 44,528 21 17,634 345 1,877 448 77,366 49 30,426 1,351 4,810 1,310 4,867,447 365,259 1,596,305 349,153 477,641 198,588 216,251 608,809 205,914 122,202 194,145 126,101 407,079 ifilfeOUROES'1 ASFD LlABfLITI^ 05" THB-BSSiSBVE' BMES "GH" NOVEMBER 2b", 1930 (In thousands of d o l l a r s ) S t . 6806c Total ^ s t o n Jew^York ^Cleve^ | ^ C y . ^Dallas torn. L I A B I L I T I E S F.R.notes in a c t u a l c i r c u l a t i o n 1 , 4 a , 868 Deposits: Member bank - reserve account 2,409,929 Government d e p o s i t s 29,384 Foreign tank 5,377 Othei* deposits 18,723 Total deposits 2,463,413 Deferred a v a i l a b i l i t y items 516,493 Capital paid in 170,468 Surplus . 276,936 All other l i a b i l i t i e s 18,269 50324Z, LIASILITJES 4,867,447 Reserve r a t i o (per c e n t ) 81.4 Contingent l i » ^ . i | l t y on b i l l s p u r chased f o r Jfwsgsign correspondents 428,938 f e d e r a l reserve n o t e s : Issued to KS.bank by F.R.Agent Held by Federal reserve bank In a c t u a l c i r c u l a t i o n C o l l a t e r a l held, by agent as s e c u r i t y f o r n o t e s issued to bank: Gold and gold c e r t i f i c a t e s Gold fund — F» R. Board E l i g i b l e paper Total c o l l a t e r a l 143,577 1,033,202 136,748 190,008 62,627 56,937 337,019 717 3,309 838 i,593 4,242 2,236 4,655 395 1,798 517 224 533 192 r 191 8,578 223 1,660 69 289 144,880 1,046,887 138,326 193,794 67,162 59,654 342,893 58,277 138,113 43,341 48,889 38,42b 14,779 62,016 11,874 06,230 16,792 15,913 5,795 5,354 20,159 21,751 80,001 26,965 29,141 12,496 10,857 40,094 350 6,036 480 l , 3 4 l 1,008 2,204 2,474 365,259 1,596,305 34q,l53 477,641 198,588 216,251 608,809 78.1 86.8 83.2 66.5 79.9 83.2 77.9 31,719 141,325 41,577 42,863 18,003 15,431 71,899 51,306 6,532 1,244 192 1,243 79,866 24,573 5,258 10,877 l,4n 205,914 83.0 57,437 15,431 84,344 949 160 to 123 i4g 52,822 10,488 3,060 7,143 866 122,202 70.2 58,820 183,442 2,040 1,029 160 368 22 5,755 85,493 61,042 190,594 28,213 19,112 30,266 4,314 4,353 11,366 9,162 8,935 19,514 704 533 862 194,145 126,101 407,079 67.8 62.5 S3.2 9,858 12,859 12,859 29,576 FEDERAL RESERVE NOTE STATEMENT 1,851,713 164,712 429,845 36,585 % — 1,421,86s 128,127 482,250 35,300 1,110,256 114,617 358,944 28,363 1,951,450 175,280 4oo,o4s l4o,948 218,753 90,524 154,973 185,297 91,300 53,342 73,927 16,823 31,570 44,124 7 I J I JL 5,519 12,497 7,371 i 4 i , 0 1 0 17,099 — — s 30,190 259,038 123,249 188,563 73,701 123,403 i4I,173 83,929 277,010 39,500 15,550 73,626 100,100 165,000 61,734 19,749 44,61s 5,000 7,100 5S,ooo 110,900 169,000 36,326 38,256 33,863 11,595 11,895 w/ » 60,800 19,697 417,370 159,349 225,l6S 99,326 156,256 202,863 92,092 47,823 34,700 7,271 53,866 66,430 65,000 21,933 86,933 38,162 234,727 6,207 80,250 31,955 154,477 i4,3oo 65,000 12,750 i4o, 763 13,331 33,803 to,381 239,566 MATURITY DISTRIBUTION OF BILI5 AID SHORT TERM SECURITIES B i l l s discounted B i l l s bought i n open market C e r t i f i c a t e s and b i l l s Municipal warrants Total 233,852 176,106 291,741 98 Within 15 days 152,715 65,854 l 6 to 30 days 21,725 44,203 73,765 31 to 60 days 30,117 53,802 " 64 6l to 90 days 16,95s 12,088 38,707 10 91 days to 6 months 10,995 159 24 Over 6 months 1,342 179,269
@FedFRASER