View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Form F. k.' £33
STATEMENT FOR t h e :PRESS'
Board of Governors
qf .the^Federal Reserve System
October ll|, I9I43

Released for publication
Friday morning, Oct. 15;
not e a r lie r.

CONDITION OF THE FEDERAL RESERVE BANKS
During the week ended October 13 member bank reserve balances increased
$118,000,000. ’ Additions to member bank* reserves, arose from decreases of
$633,000,000 in Treasury deposits with Federal Reserve Banks and $lh9000,000 in
nonmember deposits and. other Federal Reserve accounts, o ffs e t in part by decreases
o f $i|13#000,000 in Reserve Bank cred it and $21,000,000 in gold stock and increases
of $95,000,000 in-money in circu la tion and $2,000,000 in Treasury cash. Excess
reserves of member banks.on October 13 were estimated to be approximately
$ 1 , 610 , 000, 000, a decrease o f $90-,000,000 for the week.
There was a decrease of $325,000,000 in holdings o f United States Government
secu rities* C e rtifica te s inpr^aspd $2Q,000,000 and b i l l s decreased $31*5*000,000:.
Changes in member bank reserve balances and related items during the week
and the y^ar ended October 13, 19143* were as follows*

Increase or decrease
since
Oct. 13 ,

Oct. S,

1943

1943

Oct. ili,

.

194g

(in m illions' o f d ollars)
B ills discounted
18
U. S. Government d ire ct obligations
9,029
U. S. Government guaranteed , obligations
33
Industrial advances fnot including 10 m illion
commitments - October 13)
Other Reserve Bank cred it

+ 5
-325

Total Reserve Bank'credit
Gold stock
Treasury currency

•*413
- 2 1+ 1

+5,320
- 603
+ 740

+118

-

Member bank reserve balances
Money in circu la tion
Treasury cash.
..;
*
Treasury deposits with F. -R. Banks
Nonmember deposits: and other F.R,.accounts




12,021
13,976
2,281
330
1,956

7

+5,225
+ 23
-

+

+ 95

h
6U

232
+5.0Ì46
53

+ 2

+

-633

+ 257
+ 332

- 14

Form F. r ! 283c
L I A B I L I T I E S
Total
F„ R. notes in actual c i r cu la ti on
15, 336 ,575
Deposits t
Member bank-reserve a c c t . 12,021,123
U.S.Treasurer-general a cct, 379,732
Foreign
1,25^,286
Other
366,801.
Total deposits
14 , 021,9112
Deferred a v a ila b ilit y items IJ 4O6 , 156
Other l i a b i l i t i e s including
accrued dividends
7,727
TOTAL LIABILITIES
30,322,400
Capital paie* in
150,195
Surplus (S ection 7)
160,411
Surplus (S ection 13b)
•26,829
Other cap ita l accounts
93,511
TOTAL LIABILITIES AND
CAPITAL ACCOUNTS
31,253,346
Commitments to make in du strial
advances
10,466
F.R.notes outstand ing
C ollateral 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.Govf t s e c u r itie s

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON OCTOBER 13, I9U3
(In thousands o f d o lla rs)
Boston New York
P hila.
Cleve..
Chicago iSt. Louis
Rich, Atlanta

1070,581 3,377,678 1056,830 1,332,987 1032,011
575,962 3,941,560
20,050
41*562
29,037 1/ 570,221
4,477
269,862

629,526 4 , 823,205
132,010
206,460

619,519
927,426
35,926
19,985
108,553
105,125
1^,523
7,732
752,530 1 , 076,209
78,831
170,943

Minn,. Kans.Cy. Dallas

San Fran.

847,340 2 , 918,976

657,032 361 ,-218

543,743
33,325
49,134
6,494

486,575 1 , 821,566
24,349
61,707
39*993
139,405
3,475
7,215

632,690
102,633

554,092 2 , 029,893
243,027
80,513

44o,66o 284,566 560,568 486,746 1 ,-332,232
20,980 38,618
37,920
25, 5m 19,269
34,280 25,139
31,995 34,280
87,124
2*574
4^314
34,854
13,569
7,912
513,850 336,386 616,117 563,958 1.492,130
66,961
55,826
158,278
30,672 79.997

556,050 374,316 1,751,556

-

■

192
256
760
2,468
804
173
431
283
451
624
933
339
1832,385 3,4 0 9 ,Gli 1089,174 2,630,763 1767,684 1483,001 5, 192,700 1233,126 720,968 1252,615 994,278 3, 402,395
4,672
5,408
0,069
4,946
15,513
16,631
4,552
12,239
55,741
3,189
9,551
11,679
22,925
3,221
4,966
11,160
58,001
15,670
5,236
3,613
4,083
11,044
14,767
5,725
1,000
1,307
2,121
7,070
530
1,007
3,244
1,429
2,874
717
1,137
4,393
3,523
6,388
3,788
14,072
. 5,396
4,003
4,171
4,007
3,847
26,854
6,785
4,517
1862,366 8, 557,477 1927,701 2,670,843 1706,750 1498,930 5, 247,757 1252,377 740,225 1266,482 1007,743 3,434,687
—

3,000

2,903

690,511 368,600

574,514

407,197 3*040,264

14, 309,000 831,000 3 , 210,000 845,000 1 , 230,000 900, 000' 705,000 3, 000,000 450,000 348,000
—
—
—
—
2,000
6,570
107
17,977
2 , 07.5
6,425
200,000
—
300,000 250,000
200, 000' 200,000
273,439 25,000
1,833,439 290,000

560,000
—
20,000

361,000 1£ 6?,000

708

527

1,564

9

813

15,916,941 1115,766 3,478,372 1080,446 1 , 425,312 1064,902

------

937

890,297 2 , 972,760

—

—

75,000

maturity distribution of bills and securities

18,309
11,954

Within
15 days
15,114
9,795

9 , 061,559

1 , 362,009

Total
B ills discounted
Industrial advances
U.S. Government s e cu r itie s
d ire ct and guaranteed




30 days

31 to
60 days

1,085
77

1,060
632

1 , 197,617

2 , 443,398

16 to

¿1 to

90 days
1,050
202

9 I days to •
6 months

297

1 to 2
years
—
3Ì4

576,250

211,400

6 months
to 1 year
—

- -

520

2 to 5
years
—
117

Over

5 years
—
—

9

1 , 331,737

325,300

l / A fter deducting $682,202,000 participation s o f other Federal Reserve Banks.

700,671

913,177

Form F. R, 283a
Released f o r p u b lica tio n Friday morning, October 15',1943» not earlier,

STATEMENT OF CONDITION.
OF THE 'TWELVE FEDERAL RESERVE BANKS COMBINED
( In thousands o f d ollars)
Increase or decrease
since
Oct, 13,
^ .191*3

Oct, 14,
• 1942

Oct. 6,
1943

A S„S jE T S
Gold c e r t ific a te s on hand and due
from U. 8. Treasury
Redemption fund - F. R. notes
Other cash
Total reserves
B ills discounted:
Secured by U.S. Gov1t ob lig a tion s,
d ire ct and guaranteed
Other b i l l s discounted
Total b i l l s discounted

19 , 8714,965
114 . 0 »
313,7148
20 , 307,772

- 22,750
+ 1,160 - +
- 11,822 ' >
- 33.412

18,309

+

5.710 ■ •+
—

18,309

+
+

5.710
40

+

1,531,048

—
—

■! -------

692,163
96,593
7 5," 558

520,012
12,459
4,864
7.595

4.061

Industrial advances
U. S. Government se cu ritie s,
d irect and guaranteed«
Bonds
Notes
C ertifica tes
B ills
Total U, S* ’ Government s e cu ritie s ,
d irect ana guaranteed

1,379.150
5,461,461

+ 20,000
-345,783'

- 333.127
- 153;772
+ 777.474
+4 . 9 6 1 i 660

9.061,559

-325.783

+5 . 252,235

Total b i l l s and .securities

9 , 091,822

Due from foreign banks
F. R, notes o f other banks
Uncollected items
Bank premises
Other assets

127

-320,033 ■ +5,255,769
+
80
+
35,632
- 4 ,75 6
+
1., 652
+ 36 ,648
1,766
4.
+• 1,276
+
9.113

TOTAL ASSETS

11,954

689,900

74,475
1,675,344
•38,463
64,343

3 1 , 253,346

- 320,273

+4,780,4ê8

15.386,575

+ 77,721

+4,476,973

12 , 021,123

+117,826
-633.646
+ 12,357
- 24,5H
-527,974
+129,702 •

+.
+
+
+

L I A B I L I T I E S
F. R, notes in actual circu la tion
Deposits:
Member bank-reserve account
U*S,Treasurer-general account
Foreign
Other
Total deposits
Deferred a v a ila b ility items
Other li a b i l i t i e s including
accrued dividends
TOTAL LIABILITIES
C A P I T A L A C C 0 U NIT S; ;
Capital paid in :
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS
Ratio o f tota l reserves to deposit
and F, E. not- 'l i a b i l i t i e s combined
Commitments to make, industrial advances



■

379.732
1,254,286
366,801
14 , 021,942
1 , 40.6 ,15 6

7,727
30,822,400
.
I 50 , 195
160,411
^ 2,6,829
•
*93,511
,31.253»346

229
-320,780.
+

22 '
—
--

+
485-320,273

281,437

256,752

'307,335

30,940
313,540
61-, 979

+
.1,782
+4,:730,316
+ ; ; 4,889
+ ' 2,909
+
' 48

*c 42,306
+14,780,468

+ ■ 1. (f/o
, 69 , 1%
+
20* +
10,l4p6
♦Oct, ’6 figures rsvisedi

15*9^

191

Form F. R . ‘283b
STATEMENT OF CONDITION OF'. THE FEDERAL RESERVE BANKS ON OCTOBER 13 , I943
(In thousands o f d o lla r s )

ASSETS
Total

Boston

lew York

Phila.

Cleve-.

Rich,

iitlanta

Chicago St*Louis

Gold c e r t ific a te s on hand and
due from u,S.Treasury
19 , 3714,965 1036,298 5*046,682 HI42, 5U4 1,671,883 1 1 6 1 , 14.13 958,3614 3»86?,2o3
Redemption fund - F.R.notes
1114,052
114,528
26,91*1
13,226
10,990
9*189
9*6143
1,039
other cash
313 , 7143. 32,630
76,325
214,280
2 1,579
21,293
18,006
¿42,0214
Total reserves
20,307,772 1083,1456 5, lU9,9l43 1180,050 1 , 7014,1452 1191,900
B ills discounted:.
Secured.by U#S#Gov1t obligation s,
d ire ct and guaranteed
18,309
2 ,8 75
6,570
107
280
6,425
Other b i l l s discounted
Total b i l l s discounted

18,309

Industrial advances
11,95k
1». S. Government secu rities*
d irect and guaranteed:
Bonds
1,531,0148
Notes 639,900
C ertificates
1,379,150
B ills • "
5,1461,461
Total U.S. Gov*t securi t i o s ,
d irect and guaranteed.
9 , 061,559
Total b i l l s and'
secu rities
Lue from foreign banks
F.R.notes of other banks
Uncollected items
Bank premises
Other assets
TGT.iL ASSETS




2,875
IM

6,570
152

107

280

¿4,533

531

6,425
292

936,013 3,910,266

Minn. Kans.Cy.

Dallas San Fran.

739*651 1*59*671*
20,128
1,822
11,9314
3,1403

766,385 595»872 2 , 1428,996
l , 6ol4 2,631
2,318

771,763 1469,899

7314,036 609,033 2 , 1466,951

16,047

10,53 5

35,637

—

—

2,000

--

—

52

—

—

2,000

—

—

52
16

14,595

60,225
27*138
514,252
79*480

101,395 95,139
1*5, ^89 42*871
91*335 85,699
141,1*92 106,572

2014,31*7
92,080
184,072
291.183

2I46

4

—

108

30

--------

83,280
152,355
68,652
37,527
75,016
137,239
197,666 2,879*720

1314,519
60,615
121,176
326,003 ■

222,294
100,167
200,239
256,253

131,012
59.035
118,015
I39»5ii2

110,075
49,600
99*153
143. 9I46

555,932 3, 075,551

642,313

778,953

4l47,6ol4

1*02,774 1,072,901

382,562 221,095

379,911 330,281

771,682

9,091,822

560,254 3,082,273

6146,953

779*7614

1*52*, 321

403*020 1 , 072,905

334,562’ 221, 203

379.-9U 330,31*9

776,277

127
74,1475
■1 , 675*8414
38,463
£¿4, 8I43

3
1,788
208,758
2,680
5,1*27

. 2
2,923
1*2,519
1,288
2,391

1*
1*
2,465
6,492
89,216 61,035
987
2,71*9
1*, 0 I4 I4 ‘ 3*865

11
10,575
169*91*6
2,635
8,292

1 / 46
HT/176
291**039
9*658
7*337

6
13
13 2,576
3»&58
12,003
88,2141
169,726 120,661
¿4 , 2 1 4 2
2,962
4,648
5*220 .
9,188 • 14*897

5
5,310
98,839
1,6614
14,087

168,6214
67,733
30,51*3
75,983
61,060
151,3914
676,400 223,176

17
7,672
2146,7814
2,873
7,2140

3
5,037
86,080
2,077
2,855

3 1 , 253,3146 1862,366 8 , 557,1477 1927,701 2 , 670,8143 1786,750 1498,938 5 , 247,757 1252,377 7^0,225 1266,1*82 1007* 7*43 3,i 43U, 687
l / A fte r deducting $81,000 p a r tic ip a tio n s o f other Federal Reserve Banks*