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STAT2LBHT FOR THE P3JBSS H ^Leased for publication Friday morning, Oct. 11; not earlier B-801 Board of Governors of the Federal Reserve System October 10f 1935 C03DITI0IT OF FEDERAL R3S3RV3 BJQ1S The daily average volume of Federal Reserve bank credit outstanding during the week ended October 9t reported by the Federal Beserve banks, was $2,480,000,000, unchanged from the preceding week and $25*000*000 above the corresponding week in ,193^# On October 9 total Sesdrve bank crodit amounts to $2,47S,000,000* an increase of $8,000,000 f o r the week. This increase corresponds with increases of $106,000,000 in member bank reserve balances, $10,000,000 in money in circulation and $6,000,000 in nonmembcr deposits and other Federal Reserve accounts, and a decrease of $3,000,000 in Treasury and national bank currency, o f f s e t in part by an increase of $49,000,000 in monetary gold stock and a decrease of $67,000,000 in Treasury cash and deposits with Federal Reserve banks. Member bank reserve balances on October 9 estimated to be approximately $2,720,000,000 in excess of legal requirements. Relatively small changes were reported in holdings of discounted and purchased b i l l s and industrial advances. An increase of $43,000,000 in holdings of United States Treasury b i l l s was o f f s e t by a decreaso of $43,000,000 in United States Treasury notes. Changes in the amount of Reserve bank credit outstanding and in related items during the week and the year ended October 9» 193 5> were as follows: Increase or decrease since Oct. 9 Oct, 2 Oct. 10 -122519^5 1934 (In millions of dollars) B i l l s discounted. B i l l s bought U. S. Government securities Industrial advances (not including 27 million commitments - October 9) Other Reserve "bank credit 10 5 2,430 33 l + 3 + 7 + 29 + 5 TO T i l HESEBYE BALTIC CBEDIT Monetary gold stock Treasury end national bank currency 2,478 9,^63 2,396 + 8 + 1*9 - 3 + 30 +1,^78 - 7 Money in c i r c u l a t i o n Member bank reserve balances Treasury cash and deposits with banks Nonmember deposits and other F.H, accounts 5,698 5,330 2,7^7 563 + 10 +106 +219 +1,351 -220 +151 - + 6 2 1 Released f o r publication Friday morning, October 11, 1935; »ot earlier. B-801& ASSETS AHD LIABILITIES OF THE TWELVE FEDERAL RESERVE 3JPKS COiSIHED (In thousands of dollars) Oct. q. 1 9 3 5 ASSETS Gold c e r t i f i c a t e s on hand and due from U. S. Treasury . . . » Rederaption fuild ~ F. R. notes . i * Other cash . » . . Total reserves * * » . i * Redemption fund - F. R, bank notes i B i l l s discounted: Sectired by U.S.Gov't, obligations, direct and/or f u l l y guaranteed . . Other b i l l s discounted Total b i l l s discounted . . . . B i l l s bought in open market Industrial advances t U, S. Government securities: Bonds Treasury notes . Certificates and b i l l s . . . . . . Total U. S. Government securities Other securities . . . . Total b i l l s and securities 6,725,656 19,250 207,251 6,952,157 Oct. 1 0 . 1 9 3 4 6,63^,653 19,660 206,946 6,861.259 4*960,596 21,158 204,633 5,186,387 1,897 4,150 5,437 9.587 4,686 32,721 5,311 5,178 10,489 12,039 4,689 30,070 5,809 3,708 238,95^ 1,636,574 55^,681 1,679,569 511,681 1,411,708 2,430,209 2,430,212 2,430,202 181 2,477,384 639 Due from foreign "banks . . F, H. notes of other "banks Uncollected items . . . , Bank premises . , AL1 other assets Oct. 2 . 1 9 3 5 238,962 M30 7,909 395,607 622,887 302 2,475,460 2,452,060 638 1,071 19,572 44,254 10,022,009 22,564 542,725 50,074 42,492 9,995,212 F. H. notes in actual circulation . F. R. bank note circulation - net . Deposits: Member "bank - roservo account . U.S. Treasurer - General account Foreign "bank Other deposits . 3,498,789 3,481,907 3,184,558 29,664 5,329,807 5,223,616 298,059 90,84I 14,687 291,675 3,978,521 51,387 7,799 175,232 Total deposits . . Deferred availability items Capitrl paid in . . . . . . Surplus (Section 7) . . . . Surplus (Section 13b) . . . Reserve f o r contingencies . All other l i a b i l i t i e s . . . 5,703,019 5,620,819 475,791 130,518 144,893 23,457 30,694 14,848 549,267 130,522 144,893 23,457 30,694 13,653 4,212,939 432,822 146,699 138,383 10,022,009 9»995,212 21,864 475,590 50,121 TOTAL ASSETS 427,662 52,931 55,390 8,196,970 L I A B I L I T I E S TOTAL LIABILITIES .. 60,327 14,826 . , Ratio of total reserves 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 foreign correspondents . . . . 75 Commitments to make industrial advances 26,859 M 75.4$ 22,289 29,616 8,196,970 70.1$ 611 26,748 1,809 ASSETS iHD LIABILITIES OF THE FEDERAL RESERVE BiffiKS Oil OCTOBER 9, 1935 ( I n thousands of d o l l a r s ) ASSETS Total Gold c e r t i f i c a t e s on hand and due from u. S. Treasury Redemption fund - F. R. notes Other cash Boston 4,150 5,437 4s6 9 Total "bills discounted 9,587 495 B i l l s "bought in open isarlret Industrial advances 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 "bills 4,686 32,721 345 2,853 238,95^ 14,425 554,681 > securities 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 basics F. R. notes of other banl:s Uncollected items Bank premises i l l Other assets Cleve. Rich. Atlanta Chicago St.Louis 451,925 216,470 165,56o 1,067 10,386 1,234,457 2,835 1,123 8,009 25,568 1,413 9,260 Minn. Kans.Cy. Dallas San Fran. 207,695 1*H, 7^9 192,3^7 110,91+3 403,347 952 421 999 770 3,368 10,670 10,187 12,464 5,290 12,302 6,952,157 ^59f95S 2 , 8 2 9 , ^ Ua t 07S ^63,37S 227,1^3 1 7 6 , ^ l , 2 6 i t i 4 s 219,317 152,357 205,210 B i l l s discounted: Secured "by U.S.Govt, obligations, d i r e c t and/or f u l l y guaranteed Other "bills discounted TOTAL ASSETS Phila. 6,725*656 428,102 2,782,273 390,788 19,250 3,347 1,227 1,67S 207,251 28,509 45,994 28,612 Total reserves Total U.S.Govt, Hew York B-801b % v 2,693 ^,518 7,211 1,801 7,301 186 17 203 180 21 201 475 6,929 1,788 445 1,636,57^ 108,583 34,669 79,866 1 6,348 19,070 484,346 122,403 150,305 179,605 33,369 48,150 2,430,209 157,677 744,317 177,120 215,025 181 — 2,477,384 l 6 l , 3 7 0 639 21,864 475,590 50,121 44,254 10,022,009 — — 201 60 2fcl 173 — K510 10,209 8,254 24 1,524 4i,g43 3,023 1,130 23 1,504 18,757 2,331 1,563 672,078 3.751,462 652,501 737,539 396,452 296,143 36,065 4,754 4,885 6,632 l,6o4 54 59 404 508 156 557 1,899 80 453 64 2,148 127 1,103 1,840 122 328 25,623 9,420 74,995 23,735 12,975 47,588 15,029 9,51*+ 73.775 23,555 15,815 17,435 ^5,979 137,875 14,631 44,021 75,592 106,844 76,475 199,331 243,830 54 86,236 355,689 108,200 181 - - 256 6,914 111,521 12,029 30,618 60 1,892 43,5i4 110 — 95,506 66 926 113 35 760,630 184,727 220,459 121,660 43 351 46,632 3,l6S 551 395 35 SO,731 65,164 25,776 20,805 116,716 94,223 — 122 282 — 169 ^19.017 5 54 — 1,079 117,003 358,145 108,787 77 2,087 78,945 200,633 20,696 1,688,387 357,641 250,049 3^8,462 219,500 K3&7 685 2,628 1,094 3 1,097 16,673 1,580 476 818 — 17 1,298 28,936 3,449 293 61,278 4 1,022 24,789 77,863 108,659 ^6 16 261 1,636 893 45 2,988 24,736 3,869 457 651,795 ASSETS AKD LIABILITIES OF THE FEDERAL BESEHVE BASICS OH OCTOBER 9 , 1935 (In thousands of d o l l a r s ) B-SOlc L I A B I L I T I E S Total F.R.notes in actual c i r c u l a t i o n Deposits: Member "bank - reserve accotmt U.S.Treasurer - General account Foreign 'bank Other deposits Total de-posits Deferred a v a i l a b i l i t y items Capital paid in Surplus (Section 7) Surplus (Section 1 3 * 0 Reserve f o r contingencies A l l other l i a b i l i t i e s TOTAL LIABILITIES Boston Hew York 3,492,789 300,275 5,329,207 60,327 l4,S26 292,059 5,703,019 ^75,791 130,512 144,293 23,457 30,694 14,242 Cleve, Rich. Atlanta 754,297 253,044 334,162 172,757 142,479 295,157 2,050 929 2,646 Phila. 2,57^,129 30,621 6,150 153,063 321,729 3,410 1,305 1,359 69,543 2,195 300,242 2,764,023 333,547 46,302 109,172 33,752 50,926 12,303 9,^35 49,964 13,470 9,902 2,274 7,250 2,092 1,642 7,500 2,995 294 2,210 1,226 161,719 107,257 4,6o6 2,474 494 502 1,210 5,209 322,639 162,643 116,634 43,572 12,331 14,371 1,007 3,000 40,227 17,625 5,126 3,335 if4li 5,540 754 2,517 365 4,601 4,169 Chicago St,Louis Minn. Kans.Cy. Dallas San Fran, 214,452 1^2,9^2 106,932 134,356 66,674 264,4o7 755,942 160,420 2,791 1,261 412 1,593 6,3&'9 10,531 102,513 2,295 170,764 103,392 2,264 3,020 362 357 330 2,326 12,799 6,132 302,262 2,227 961 24,210 766,721 173,224 117,276 176,322 119,562 337,460 64,629 25,152 16,981 22,026 22,214 26,241 12,072 3,730 3,003 3,229 3,796 10,203 21,350 1,391 5,325 2,441 4,655 547 291 44o 3,^20 1,003 3,613 1,142 232 222 3,777 1,252 1,363 9,645 204 2,043 392 1,169 256 232 259 10,022,009 672,07s 3,751,462 652,501 737,539 396,452 296,143 i,6ss,3S7 357,64i 250,049 3 42,462 219,500 651,795 Ratio of t o t a l reserves to deposit and F. S . note l i a b i l i t i e s combined 75.6 Commitments to make industrial advances 26,259 76.5 30.4 3,392 9.660 71.2 257 451 69.9 66.5 1,754 1,271 66.6 501 19.g Ss.l 519 68.0 1,987 66.2 143 62.2 1,303 69.6 592 4,262 MATURITY DISTRIBUTION OF BILLS A1ID SECURITIES Total B i l l s discounted B i l l s "bought in open market Industrial advances U.S.Government s e c u r i t i e s Other s e c u r i t i e s 9,527 4,626 32,721 2,430,209 121 Within 15 days 7,617 616 1,794 34,445 l 6 to 30 days 210 2,729 320 22,925 31 to 60 days 74s 245 531 55,310 6l to 90 days 91 days to 6 months sMg 161 622 146,360 2,750 220,255 436 Over 6 months 2 26,632 1,944,314 121 FEDERAL RESERVE HOTE STATEMENT ON OCTOBER 9, 1935 (In thousands of d o l l a r s ) Total Boston Hew York PMla. Cleve. Rich. Atlanta B-SOld Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. federal Reserve notes: Issued to F.R.bank ly F.RJlgent Held by Federal Reserve bank 3,792,233 328,UOT 2 9 3 , ^ 28,132 866,0^6 264,803 350,^71 182,627 168,521 111,7^9 11,739 16,309 9,870 20,042 850, l44 156,118 111,597 1^2, 810 35,686 7,176 4,659 8,454 72,286 298,^53 5,612 34,o46 In actual c i r c u l a t i o n 3,498,789 300,275 754,297 253,044 334,162 172,757 148,479 814,458 148,942 10b,938 134,356 66,674 264,407 Gold c e r t i f i c a t e s on hand and due from U. 5 . Treasury 3,658,018 331,617 E l i g i b l e paper 8,131 ^95 U. S. Govt, securities l60,900 863,706 265,000 331,440 163,000 115,685 5,759 203 201 261 35 -— 20,000 20,000 55,000 S6l,000 147,632 103,500 126,000 __ 54 57 402 — 10,000 9,^00 18,000 68,175 281,263 508 156 4,500 24,000 869,465 265,203 351,641 lS3,261 170,720 861,000 73,183 305,419 Collateral held by agent as s e curity f o r notes issued to bank: Total c o l l a t e r a l 3,827,049 332,112 157,636 112,957 l44,402
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