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Form ï'* R. 2S3
STATELTSKT FOR THE PRESS
Released fo r publication
Friday morning, October 22;
not c u r lie r .

’ o£

"Board o f Governors
the Federal Reserve System
October 21, 19^3

CONDITION OF THE F2DER.iL RB33RVE BAMS
During the we ok ended October 20 member bank reserve balances decreased
$19»000,000* Reductions in member bank reserves ¡¿rose from increases o f
$150,000,000 in Treasury deposits with Federal Reserve Banks, 041,000,000 in money
in circu la tion and. $3»000,000 in Treasury cash and a doorcase o f $23,000,000 in
gold stock, o ffs e t in ,:art by increases ‘Of V-lo,000,000 in Reserve Bank o r :d it
and $2,000,000 in Treasury currency and a de.crease of $17'?,000,000 in nonm:;mber
deposits and other. Federal Reserve accounts. Excess reserves of number banks on
October 20 were estimated to be approximately S l,lil0 ,0 0 0 ,000, a decrease o f
5200,000,000 .for the, week.
There was a decrease o f $1^",000,000 in holdings o f United States Jovemment
s e cu ritie s , A decrease o f $273*000,000 in b i lls was p a rtly o ffs e t by increases
o f $6, 000,000 in bonds and $119, 000,000 in c e r t ific a t e s .
Changes in member bank reserve balances and related items during tho week
and the y^ar ended October 20, 1943* Troro as follow s 1

j'j

Sot. 20,
19Ù3

or décrassé
since

O c t..13,
1913

Oct. 21,
• 19Ù2

.(In m illions of d ollars)
B ills discounted
11
U, S. Government d ire ct obligations
0,075
U.-S. Government guaranteed' obligations
59
Industrial advances (not including 10 r.illion*'
.on *'
commitments - October 20)
12
Other R-serve Bank cred it
444

7
- I5h •
+
6

+
it
+4,667
+
22

-- nk

+

Total Reserve Bank cred it
Gold stock
Treasury currency

9 '.300
22,132
U.101

+ 13
- 23
+
2■

+4,036
- 613
+ 733

i<iember bank reserve balances
I.oney in circu la tion
Treasury cash
Treasury deposits with F. R. Banks
K.onmember deposits and other' F,R.accounts

12', 002
19.019
2,23h
530.
1.77S

- 19
+ iii
+
3
+ 150
- 173

- 302
+5,02h
+
46
+
9
+ 231*




3
190

Form F. R. ¿ 83c

STATELiEHT OF CONDITIUN OF iiii; FBDhitaL RESERO BANKS OK uCTuBSR 20, I9I4.3
( In thousands of dollars)
Boston Nov/ York
Phila.
Clove.
Kich. Atlanta
Chicago St.Louis
Minn. Kans.Cy.

LIABILITIES.
Total
F. R. notes in actual c ir oulaticn
l5.W t.57S 1072,703 3.395.538 1060,406 1,384,772 1030,024
Deposits*
kv-inb^r b&nk-rcservo acct. 12,002,207 - 605,593 3,983,798 614,690
940,365 517,200
U..S. Treasurer-general acot. 530,417
4,333
199,499
39,764
39,284
29,479
foreign
1 , 261,808
23,006 l/575,745 108,949
105,508
49,314
Other
Jt W ?
J » C-Jy
7 C» 1^ 7
/* 4 4 2
Total deposits
3, 969,190 641,741 4,351,311 767,047 1 , 092,602 601,058
2,32*572
1¿ 22,899 100,053
83,539
153.143 117,025
accrued dividends

6,896

530

2,'333

618

502

247

049,004 ¿ 935.325

Dallas San ¿-ran.

659,713 363,237

557,116 373,316 1,755,419

474,349 l,fì08,506 413, 2 3 9 2 77,55 6
23,370
76,245
27,213 21,103
40,139
139, 913' 34,405 25,230

555,379 487,746 1,313,486
17,097 22,290
24,005
3 2 ,111 34,405
37,233
<.. _ jd j >
607,796 546,975 1,465,332
152,345
77,335 53,360

545,921 2, 027,053
31,920
217,337
242

300

490,217 331,037
64,121 31,573
264

.....195

.298

214

452

TOTAL LIABILITIES
0,843,563 1323,090 3,532,309 1911,610 2, 031,099 1756,354 1477,095 5, 101,023 1214,320 726,*097 1242,595 973,373 3, 374,093
Capital paid in
11,600
55,750
16,652
12,240
4,956
6,074
4,674
9,553
3,219
4,557
5,409
150,279
15,515
Surplus (Section 7)
22,925
11,160
5-3,001
3,221
15,670
5,236
4,966
11,044
5,725
3,613
4,003
ló o ,4 il
14,767
Surplus (Section 13b)
2 ,12 1
7,070
20,829
1,429
1,000
2,874
530
4,393
3,244
717
1,307
1,137
1,007
Other capital accounts
5,912
6,? 16 _ . i L 3 Ì È .
4.106
26,363
3..54.2. ...... .6*956
_15x221... .4*016. ZLasa.__ lu lIL
4i55.L
TOTAL LIABILITIES AUD
CAPITAL ACCOUNTS
31, 274,624 1052,539 8, 679,993 1950, 1^ 2, 671,230 1775.-459 1493,052 5,235,952 1223,566 737,395 1256,418 ?37,362 3, 406,439
Commitments to make industrial
advances
9*337
700
9
1,726
330
013
—
—
337
~
3,000
—
2,C»o7
F. R. notes outstanding
Collateral for F.R.notes
held by F.R.-agentst
Gold certificates
Eligible paper
U.S.Gov* t sec-uritics

16,021,653 1126,269 3,504,754 1095,369 1,427,835 1071,369
14,249,000
10,260
2,020,419

731,000 3,225,000
430
3,740
350,000
300,000

Total
10,525
11,872

Bills discounted
Industrial advances
U. S. Government securities,
direct and guaranteed
8,,914,387.
914,387



sn'ithin
15 days
8,535
9,562
1 , 032,915
1,032,915

392,705 2 , 993,596

693,013 369,397

573,353 409,122 1,353,366

350,000 1,230,000 900,000 705,000 3,020,000 450,000 323,000 510,000 361,000 1,394,000
715
—
5,325
250,000
200,000 200,000 200,000
—
295,419 50,000 100,000 75, 000
MATURITY DISTRIBUTION OF BILLS AND SECURITIES
91 days to
6 months
1 to 2
2 to 5
Over
31 to
61 to
16 to
6 months
to 1 year
years
years
5 you rs
90 days
60 days
30 days
240
, 500
¡L,450
89
658
361
516
302
273
HI
561
89

2,083,557
1,539,867
386,450
955,700
211,400 _ 701,071
1,559,867
2,085,557
898,431
l / A fte r deducting $684,681,000 p a r tic ip a tio n s o f ether Federal Reserve Banks.

1 , 104,996

Form F. R.‘233a
fteleasod fo r publication Friday morning, October 22,1943, not earlier*
STATEMENT OF CONDITION
OF TH3 T.7ELVE FEDERAL fc liSSKVE BANKS CABINED
(In thousands of dollars)
Increase or doorcase
since
Oct. 20,

Oct. 13,

Oct. 21,

1943

1943

1942

ASSETS
Gold certificates.on hand and due
from U. S, Treasury
Redemption fund - F, R. notes
Other cash
Total reserves
Bills discounted:
Secured by U, 3. Gov't obligations,
direct and guaranteed
Other b ills discounted
Total b ills discounted
Industrial advances
U. S, Government securities,
direct and .ruarar.teedj
3onds
Kotes
Certificates
Bills
Total U.S. Government securities,
direct and guaranteed ’
Total b ills and securities
Lue from foreign banks
*. R. notes of other banks
Uncollected items
Bank premises
Other assets
TOTAL ASSETS

19,943,715
123,280
'3 2 3 ; 79I
20,295,7(36

+
+
-

31,'250
9,221
10,043
11,936

10,525
--

-

7\734
--

'+
-

3,119
. 5,000

10,525
ll,o72

-

7,734
32

+

3,H 9
3,432

1,537,267
639,900
1,498 #050
5,139,170

+

6,219
—
+113-,9OO
- 272,291

- 511,506
- 375,541
+ 372,663
+4 , 703,955

3,914,337

-147,172

+4 , 639,571

■<,956,734
127
79,160
1,366,346
30,455
57,966

-155,033
+ 4,635
+I9 0 ,502
-j^
“*
- 6, ci 11

+4,639,203
+
30
+
39,553
+ 465,159
1,764
+
1,037

31,274,624

+ 21,27(3

+4,664,770

15,444,573

+ 53.003

+4,455,636

12,002,207
• 530,-417
1,261,303
174.753
13,969»190
. 1 , 422,. ',99

- 13,916
+150,635.
+ 7,522
-192,043
- 52,752
+ 16,743

302,199
9*762
+ 329,490
- 147,157
- 110,104
+ 267,663

6,396
30,343,563

■
‘,31
+ 21,163

+
1,532
+14,614,332

150,279
160,1+11
26,329
93*542
31.274.$24

34
—
+ - 31
+ 21,273

+
4,940+
2,909
+
4."
+ 42,041
+4,664,770

-

-•

- 713,413
+ 107,613
+ • 77,287
- 523,503

*

L I A B I L I T I E S
F. R. notes in actual, circulation
Deposits»
Member bank-reserve account
U. S. Treasurer-generai account
Foreign
Other
Total deposits
Deferred availability items
Other lia b ilitie s including
accrued dividends
TOTAL LIABILITIES
CAPI T AL ACCOUNTS
Capital pai'd in
Surplus (dcction 7)
Surplus (Section 13b)
Other cupit’ul accounts •
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
Ratio of total reserves to deposit
and F.R, note lia b ilitie s combined
Commitments to make industrial advances




69. 0^
■9,337

.fc.
ex-;

-

14 . 1?»
• 730

Form F. It, 283b
•
'
A’ Sj.S E T S
*

Total .

STATEiiENT OF CONDITION QF THE. FEDERAL RESERVE BANKS ON OCTOBER 20, 1943
•( In thousands of dollars)
"
'
. Cl-ivd.
Chicago St.Louis
Boston Now York. Phila.
EjLch. Atlanta
Hinn. riiins.Cy; ■'Dallas Sail Fran.
*

Gold certificates on hand and
due frbm U.S.Treasury
19,343,715 103-3,638 5,206,207- 1133,131 1,680,670 1106,322 972,3^6 3,353,1*37 696,722 45!*» 069' •7li2,o66 577,570 2,382,437
922
2,602
2 , 2c9
Redemption fund - r’.R.notes
123;280 •17,933. •. 26,596
20,090 -2,55310,261
15,004
!5,571
10,875
10,539
23,772 20,744
Other cash
79, 896- ' 24,270
' 39,9*31
42.451- - 11,557 ■ 8,762 - 16,074. . 10,620
32,745
17,919
323,791
Total reserves
20,295,736 1089,366 5>312,6;9 1170,515 1,715,317 1137,327 1;00,3C4 3,096,310 . 723,36; 465,339 763,711 59.0,792 2,424,637
'
B ills discounted*.
,
Socured by U.S.Gov»t obli Rations,
direct and guaranteed
m—
—
-—
—
-480
3,74o
5.325
715
265
10,525
Other b ills discounted
—
—
. —
—
—
—
—
—
;—
—
—
Total b ills discounted

430

3,74o

715

Indus tr i al‘ •advahc os
152
1,434
J. a. Government 'securities.
direct and guaranteed*
Bonds
9M 59
1,537,267 151,745
Kotes
63,101
42,257
639,900.
Certificates
.147,873
1,493,050'
91,759
5 ills
•5,189,170 138,31*7 2,704,51*2
Total U. S. Gov*t securities, '
direct and guaranteed
'6,914,337 556,066 2 , 932,717

4,350

10,525
11.372

Total b i lls and securities

3,936,784

Due from foreign banks
i'. k.notes of other banks
Uncolloctsd items
Bank promises
Obhor assets

• •3
127
1,721
7Q. I 6O
1.866.546 1196,143
2,680
38,455
•
4,691
57,966

TOTAL ASSETS




557,9,30 2, 936,609
1 /4 6
17,044
397,166
9,658
• 6,771

13U,752
60,475
131,31k
33i*,l*35

265
677
221,018
- 99,139
'215,380
224,067
** *

5.325
241

—

215

130,144 109,204
58,4oó
49,009
126,825 »106,419
159,245 108,771
,
*

4
169,657
76.139
165,-323 634,714.
-

66l,0>26

759,654 474,620' '373,1*03 1,045,839

666,091

- .760,596 ‘430, lff6' ‘.373,619 1,045; 342

13.
6
• 13
li, 150 : 12,387
2,419
102,115
Ì73,6 o4 133,317
2,962
4,643
4,232
ii,368 • .8,313
: 4,244

. 5
5,972
107/325
1,664
. 3,664

. 17 .
8,811
274,928
2,875
0,669

—
—

i-.

—

123

30

16

-. 4,625

68,119 6o,o44 100,939 94,1*44
203,042
91,122
30,571 26,947.
1*5,299 42,385
197,861
66,333-•'58,510 - 93,362 92,036
273,138
246,330 73,677 . 142,193 8 9 *-661
. .
•
■
V
- ’.
•770,163
.411,403 224,178 336,793.313,526
411,.403 224,306- 336;823 313/542
: . 3
5,139
78,997
2,077
2,528

2
2,213
42,030
1,288
2,167

774,733

11
4
4
.3,819 * 8,676
6,759
133,260
92,751* 69,672
937
2,635
2,749
7,332
3,, 618. . 3*51*6

31 , ’274,624 1352,589 3,679,993 1950,169> , 671,230 1775,1*59 ll*93,s052 5,235,952 1223,566 737,395*1256,418 937»-362 3,406,439
l/ After- deducting $81,OQO participations of other Federal Reserve Banks.-