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STATEMENT FOE THE PRESS
Released f o r p u b l i c a t i o n
.Friday morning, Hov o;
not e a r l i e r .

B-545
Federal Reserve Board
November 5, 1931.
CCS© IT I OH OF FEDERAL RESERVE BANKS

gimam###
IplliiSM

i t o m s

^

t h

° » *

Increase or decrease
since
Hov, 4
1931

Oct. 23
_12]L

:;ov. 5
1930

(In 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 BA1IE CREDIT
Monetary gold stock
Treasury currency a d j u s t e d

705
b 42
72S

492
45?
+ 125
L2c
+
24
+

+

34

2,109
4,311
1,757
.

Money in c i r c u l a t i o n
Member bank r e s e r v e balances
Unexpended c a p i t a l funds,nonmemSer d e p o s i t s , e t c i ' s M




12

- 102

+1,099
- 223

+

24

+

6

-

+ 63
-107

-

-

28

12

+1,052

+

2S3

99

Released f o r p u b l i c a t i o n Friday morning, :Tov. 6,1931*. not e a r l i e r .

B-5^5 a

3ES0URC3S AUD LL1BILITI3S
OF I'HE TESLVS ISIERAL H3SER7.5 BA2TSS COM3IH73D
( i n thousands of d o l l a r s )
ITov. 4.1931

Oct. 28.1931

gov. 5.1910

Gold with Federal reserve agents . . . .
Gold redemption fund with U.S. Treasury

1.592,156
70,545

1,519,190
70,171

1,533,415

Gold held exclusively against F.R.notes
Gold settlement fund with F. 3. Board .
Gold and gold c e r t i f i c a t e s held by bonks
Total ;;old reserves
//Reserves other than gold

1,662.711

1,617.671

359.379

1,589,361.
379.959

2,772,746
160,539

2,735,431
164,420

2.999,392

Total r e s e r v e s
Jon-reserve cash
B i l l s discounted:
Sec. "by U.S. Government o b l i g a t i o n s
Other b i l l s discounted
Total b i l l s discounted
B i l l s bought in open market
U. S. Government s e c u r i t i e s :
Bonds . .
Treasury notes
C e r t i f i c a t e s and 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
F. R. notes of other bonks
Uncollected items
. . . . . .
Bank premises
All other resources

2,933.385
52,4io

2,902,851
71.740

3,145,556
63 . 295

343,692
361,532
705,224
642,033

330,747
335,933
716,680
724,680

316,963
26,951

316,422
22,829
387.708
726,959
29,919
2,198,238
8.792

RESOURCES

750,656

383.662
727.576
30,194

2.105,027
9,297

16,842

769,111

16,863

34.255

520,541
851,180
146,174

85,06s

127,599

212,767
185,602
38.183
280,595
282,553

601,531
6,297
1.006,197
705
17,373

59,389
44,845

432,579
59.382
4i,io4

533,003

. . .

5,554,970

5,731,549

4,s4o,483

F. R. notes in 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 deoosits . . '
Total deposits
Deferred a v a i l a b i l i t y items . . . . .
Capital p a i d in
Surplus
All other l i a b i l i t i e s . . .

2,447,069

2.383,948

1,366,554

2,122,145
30,481
131,431
35.214
2,319,271
439,217
154,507
274,636
20 , 270

2,228,875
39.141
157,618
34.431

2,409,700

2,460,065

19,329

2,479.345
529.583
170,424
276.935
17,541

. . .

5,554,970

5,731,549

4,84o,483

Ratio of t o t a l reserves to deposit and
F. R. note l i a b i l i t i e s combined . . .

61.556

59-9 f>

81.8$

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

105,470

32,879

431.570

TOTAL RESOURCES

433,774

59,532

14,712

L I A B I L I T I E S

TOTAL LIABILITIES




428,863
i64,6§e-Y/

274,636

3-7,559

5,261
26,725

RESOURCES AIID LIABILITIES OF THE FEDERAL RBS1SVS 3A.IKS OF 1T0V2MBER 4, I931
1SS0URC5S
(In thousands of d o l l a r s )
B-545b
Total Boston Hew York F h i l a . CI eve.
Rich. A t l a n t a Chicago S t . Louis Minn. IC.-ms.C-. Dallas San Fran.
327,336 200,000 201,470 54,670 53,150 4lS,l4o 38,335 37,695 31,680 22 300 110 763
Gold with Federal reserve agents
1,592,166 96,627
Gold redemption fund with U.S.Treasury 70,545
4,849
17,13%
5,460
7,6l4
2.886
4,398
9.721
2,410
1.717
3,138
2,418
g.'gQQ
Gold h e l d exclusively against
F. R. notes
1,662,711 101,476
344,470 205,460 209,084 57,556 57,548 427,861 to,745 39,412 34,818 24,718 119,R63
Gold settlement fund with F. 2 . Board 359,379 21,844
93,163 24,119 49,l4o 16,597
8,250 40,059 17,873 13,026 19,545 17,436 38 327
Gold -md gold c e r t i f . held by banlcs
750.656 31.601
530.047 3 5.626 20.117
5.474
9.398 62.539 12.019
5.528 10,331
3.906 24^050
Total gold r e s e r v e s
2,772,746 154,921
967,680 265,205 278,34l 79,627 75,196 530,459 70,657 57,966 64,694 46.060 181,940
Reserves other than gold
l6p,639 18,772
34,902 10,94l 13,458
8,682 5,819 30,199 10,265
4,452
8,003 6,706 8,440
Tota

l reserves

lion-reserve cash
B i l l s discounted:
Secured "by U.S.Govt, o b l i g a t i o n s
Other b i l l s discounted
Total b i l l s discounted
B i l l s bought in open market
U. S. Government s e c u r i t i e s :
Bonds

Treasury notes
C e r t i f i c a t e s and b i l l s
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 b i l l s and s e c u r i t i e s
F

v

r

r

F

™

TOTAL RESOURCES




2,933,385 173,693 1,002,582 276,146 291,799 88,309 81,015 560,658 80,922 62,4iS 72,697 52,766 190,380
o2,4l0 10,256
16,869 3,302 2,810 2,597 3,450 9,336 2,960 1,528 1,576 2,49^ 4,^27

642,033 69,780

6,305 61,050
36,773
124,071 101,904 1 0 6 , l 6 l
35,203
97,823
177,005 9,483 45,275 15,950 35,481 io4,i4o 28,979 23,230 36,077 1 9 , 7 9 9 76,874

316,963

108,101 22,832 25,419 11,016

23,559
195
383,602 33,812
727,576
30,194

57,566
1,970

2,105,027 147,382

57,303

52,.821 62,577 48,858

5,539
12?,249

3,567
32,013

218

9,969

29,001
38,970

95

9,248
25,955

5,064 53,460 11,43s 15,790

8,211

13,135
36,551
49,686

2,460

55,331
20,325
75,956

273
47,131

10,434
1 4,797
25,231

6,224
7,186

3,596

71

31
11,373

18,562
24,967

12,854
25
4,241

18,209
9 781

8,786
16,177 12,054
26^934
241,989 58,412 73,234 27,406 17,310 100,854 31,211 27,915 19,615 17,130 54,924
l4,S4o
6,760
700
600
2,055
630
529
1,980
557,905 176,559 224,670 83,026 103,077 283,045 86,051 58,960 90,895 61,856 231,601

IS "S I I
^

355

47,597 16,295

962

^

343,692
9,675
36l,532
8,388
705,224 18,066

2o,951

71,250 39,027

"

IS 111111; 11 tg ts ts °:S

5,554,970 389,312 1,739,038 498,593 574,3^8

•

215,789 207,064

919,274

196,420

sii

135,488

j

;

m

u :

196,151 137,626 455,827

RESOURCES AID LIABILITIES OF THE FEDERAL RESERVE BAHS OH NOVEMBER 4, 1931
( I n thousands of d o l l a r s )
B-545b
Total Boston Hew York P h i l a . Cleve.
Rich. A t l a n t a Chicago St.Louis Minn. ICans.Cv Dallas San Fran.
2,447,069 147,8146
497,570 271,068 311,476 99,154 119,514 491,254 35,691 63,221 79,010 51,342 229,823

L I A B I L I T I E S

F.R.notes in actual c i r c u l a t i o n
Deposits:
Member bank - reserve account
2,122,145 143,39s
910,541
Government
30,431
1,682
4,964
Foreign bank
131,431 11,242
30,355
Other deposits
35,214
16,435
Total deposits
2,319,271 155,867
962,845
Deferred a v a i l a b i l i t y items
439,217 51,098
127,189
Capital p a i d in
154,507 11,765
64,201
Surplus
274,636 21,299
80,575
All other l i a b i l i t i e s
2 0 . 2 7 0
6.658
41L
TOTAL LIABILITIES
~ 5,554,970 389,312 1,739,038
Reserve r a t i o (per cent)
61.5
57.0
58.7
Contingent l i a b i l i t y on b i l l s p u r chased f o r f o r e i g n correspondents
105,470
7,450
38,818
Federal reserve notes:
Issued t o F.R. bank by F.R.agent
Held by Federal reserve bank
„

B i l l s discounted
B i l l s bought in open market
C e r t i f i c a t e s and b i l l s
Municipal warrants



4,i6o
3,879
14,839 15,139
134
8,681
146,184 178,359
37,010 38,787
16,719 15,284
27,065 28,971
J}4L 1.511

53,173
589
5,99s

H i
64,392
33,095
5,549
12,114

493,593 574,383 215,789
65.2

59.6

65,709 46,564 74,629 50,113
1,311
2,426
1,191
1,737
5,246
3,447
4,347
4,497
409
252.
58.
115.
57,625 317,684 73,019 52,846 80,771 55,975
11,607 49,441 20,958
S , 4 i i 22,335 15,746
5,203 18,343
4,768 2,972 4,201 4 , i 4 4
10,857 39,936 10,562 7,144 8,702 8,936
2.258
2,606 1,422
23iL
5S2- - I M Z .
2)7,064 919,274 196,420 135,488 196,151 137,626
45.7
69.3
51.0
53.7
45.5
49.2
13,4io

3.476

2,235

546,365 300,202 3 4 l , l 4 7 105,490 135,04o 576,391
48,795 29,134 29.671
7.506 15.526 85.127

89,881
4.190

55,655
2. T75

"97,570 Z71.06S 311,4 7 G

85,591

53.281

9,834

10,032

53.8

50,905 292,4l4
1,231 3,7b9
5,396 20,235
1.266
SI

3,973

3,576

2,881

151,488
3,042

10,192
7.481

172,203

22,990

11,358
18,475
312

455,827
47.4

2,930

5,755

FEDERAL RESERVE HOTS STAIEMEH3T
2,750,901 176,472
313,832 28,626

se-

^

c u r i t y f o r notes 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

127,332 150,379

639,936
1

1,274,543

^

47,010

it9,617
o 5,297

2,855,709 131,924

Total
705,224
542,033
383,652
2,704

99,1S4

I l 9 , 5 l 4 491,264

247,336 38,700 64.470 10,070 10,900 92,l4o
80,000 161,300 137,000 44,600 42,250 326,000
263,o4l 101,370 148.013 53,220 S3.6o4 175.101
590,977 301,670 349,433 107,890 136,754 593,241

90 593 63,731 268,928
11.533 12,389 39,105
79,010 51,342 229,823

14,635 7,495 9,380 1 2 , 3 0 0 8 5 , 0 0 0
23,700 30,200 21,800 10,000 25,763
51.635 23.344 5q_Sll 4 l , 5 a 17?, 131
90,023 66,539 101,493 63,321 232,894

MATURITY DISTRIBUTION OF BILLS AHD SHORT TERM SECURITIES
91 days to
Within 15 days
l 6 to 30 days
31 to 60 days 6l to 90 days
6 months
503,055
45,789
98,030
42,670
14,077
122,031
131,387
290,216
93,941
4,453
23,836
42,868
106,375
14,024
12Qr,044
255
10
00
2,250
3 J
" 1166
/
#

Over 6 months
1 ,593

65,515