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Form F, R. .28$
STATEMENT FOR THE PRESS
Released for publication
Friday morning, October 29j
not e a r lie r.

(
Board o f Governors
o f the Federal Reserve System
October 28, 19^3

CONDITION OF THE FEDERAL RESERVE BANKS
During the week ended October 27 member bank reserve balances increased.
$3,000,000. Increases in member bankreserves arose from increases of
$306,000,000 in-Reserva Bank- cr-sdit and $2,000,000 i-n Treasury currency, o ffs e t
in part by increases of $223/000,000 in nonmeinber deposits and other Federal
Reserve accounts, $71,000,000 in money in circu la tion and $11,000,000 in Treasury
cash. Excess reserves o f member banks on Octobsr 27, were estimated to be approx­
imately $1 , 060, 000, 000, a decrease of $550*000,000 fo r the week.
There was an incroaso of $377*000,000 in holdings o f United State's Govern­
ment se cu ritie s. B ills increased $296,000,000, c e r t ific a te s $73*000,000 and bonds
$10,000,000 while not'3s decreased $2,000,000.
Changes in member bank r ;s ^rve balances and related items during the week
and the year ended October 27, I9J4.5» were as follow s:

Increase or decrease
since
Oct. 27,
19^3

Oct. 20,
19U5

Oct, 28,
19^2

(In m illions o f d ollars)
B ills discounted
U. S, Government d ire ct obligations
U, S',Government guaranteed obligations
Industri&l advances(not including 10 m illion
commitments - October 27)
Other Reserve Bank cred it

13
9,2^7
bb
12
369

+
2
+ 372
*
5

+
b
+ ¿*,825
+
27

»
75

2
256

+ 306

•f 5*108
607
+
737

—

-

Total Reserve Bank cre d it
Gold stock
Treasury currency

9 *686
22,132
ii*i03

+

.iomber bank reserve balances'
Monoy in c ircu la tio n
Treasury cash
Treasury deposits with F.R, Banks
lîonmombor deposits and other F,R.accounts

12.Q05
19*090
2,295
530
2,001

+
3
+ 71
+ 11
-+ 223




2

2J4.1
+ 5,008
+
1*6
+
158
+ 267

«

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON OCTOBER 27, I9U3
(I n thousands o f d o lla r s )
Boston Nev»- York
P hila.
Clsve.
Rich. Atlanta
Chicago -St,Louis
Minn, Kans.Cy, Dallas

Form F. R. 233c

L Is.- B I L I T I E S
Total
F. 1?. notes in actual c ir ­
culation
15, 521, 14*1 1071*,633
Deposits :
«¿ember bank-reserye a cct. 12,00li,862 597,054
u„s,Treasurer-general a cct. 529,704
27,526
Foreign
1,317,689
30,228
other
_ 3 4 l* 3 li9 .
4^175
Total deposits
14, 193,804 658,983
Deferred a v a ila b ilit y i
1S1 , 342,679 104,857
Other l i a b i l i t i e s ine li
L
o
accrucd dividends
597
7>645
TOT.iL LIBILI TIES
1839,070
31, 065,569
Capital paid in
9,553
150,352
Surplus (S ection 7)
11,160
160,411
Surplus (S ection 13b)
2,87426,829
, Gthcr ca p ita l accounts
6,001
94,152
TOTAL LIABILITIES .AID
Capital accounts
31, 497,313 1868,658
Commitments to make in dustrial
advances
10,020
700
k. notes outstanding
C olla teral fo r
notes
hold by F .R eg en ts:
Gold c e r t ific a t e s
E lig ib le paper
i\ 3#Govf t se cu ritie s

3.983,294
133,297
1/592,797
252,694

603,721
29,297
115,184
4,237

948,854
60,337
111,546
8,66?

1;, 967, 082
262,213

752,-439 1 , 129,404
156,856
73,733

517,013
24,743
52,136
6,18 5
600,077
98,411

14,332,000
10,710
2,01*2,61*2

B ills discountod
13,305
Indu strial advances
12,006
U. S. Government s e cu riti os,
d ire c t and guaranteed
9,290,881

852, 28Q 2, 951,334
473,313
3 7,717
42,436
4,104

661^563 3 ^ ,3 7 3

558,856 374,516 1,764,001

1,842,359 421,872 278,825 548,442 1+09,835 1*315,280
35,730' 33,529 32,387
30,674 29,315
54,652
147,920 36,374 26,67li 33,9l9 36,374
92,271
5,326
9,159
5,356
2,282 . 2 , 85h
33,310

557,570 2 , 031,335
80,904
185,735

500,934 346,242
74,310 29,110

615,347 538-,878 1,495» 513
l4 o ,633
30,734 ¿¿,628

726
281
483
■310
300
852
2,409
207
697
; 243
535
8,646,947 1392,655 2, 692,962 1741,939 l49l,041l 5,169,256 1237,617 739,937 1255,237 958,265 3 ,4oo,64o
12,272
3,221
11,630
6,074
4,674
55,755
I*, 557
15,515
16,669
4,963
5,419
58,001. 15,670
3,221
11, Olili
5,236
4,966
22,925
4,083
Ili, 767
3.613
5,725
2 ,12 1
7 , 070.
1,000
530
1,007
3,244
717
1,307
4,393
1,137
1,1*29
3,570
4,138
3,872
4,581
•
4,176
26,879
6,853
3,893
4,097
6,979
14,113
8, 794,652 1931,251 2,733,141; 1761,074 1507,043 5, 224,392 1251,83h 751,251
9

1,923

415

770

16,108*626 1125,963 3,523,294 .1099,535 1.436,502 1078,938

Total




3,lii5,2li3 1065,707 1,396,005 1042,916

San Fran,

—

--

337

12$),126 971,782 3,433,056
3,000

—

910,334 3, 006,613 6?5*-571 371,109

—

2,866

583,473 410,130 1,866,664

805,000 1,240,000 850,000 730, 000^ ,020,000 450, 000. 323,000
510,000 361,000 1*354,000
845
—
450
—
—
2,000
300,000
200,000 250,000
200,000 _
— 317,642 50,000
100, oc» 75,ooo
50,000
MATURITY DISTRIBUTION OF BILLS .JiD SECURITIES
1 to 2
6 months
91 d~;ys to .
61 to
2 to 5
Over
31 to
16 to
years
5 yaars
years
to 1 year
0 months
90 days
60 days
30 days

784.000 3,405,000
1,455
5,960
350.000
150,000
Within
15 days
11,3.65
9,770

24.0
107

1,250
658

732,507

1,338.893

2,143,144

li 50
334
1,640,234

—

—

526

234

266

457,000

952,200

211,400

l/ After deducting o?23,974,000 participations of other i-ederal Reserve Basics,

I ll
701,071

1 ,H 4 ,- 32

Forift F. K. 2C3 -1.
Released fo r p u b lica tio n Friday morning, October 29,1945, no"k e a r lie r .

STATEMENT OF CONDITION
OF THE-TWELVE FEDERAL REbERVE BANKS COivIBINED
(In thousands o f dollars.)
Increase or decrease
since

ASSETS
Gold c e r t ific a te s on hand arid due
from U* S, Treasury
Redemption fund - P.R. notes
Other cash
Total reserves
B ills discounted:
Secured by U.S. Gov’ t obligation s,
d ire ct and guaranteed .
Other b i l l s discounted
Total b i l l s discounted
Industrial advances
U, S# Government se cu ritie s,
d ire ct and guaranteed* 1
Bonds
Notes
C ertifica tes
B ills
Total U. S. Government se cu ritie s ,
d ire ct arid guaranteed
Total b i l l s and secu rities
Duo from foreign banks
F. ft. notes of other banks
Uncollected items
Bank premises
Other assets
TOTAL ASSETS
L I A B I L I T I E S
F. R. notes in ^ctual circu la tion
Deposits s
Llember bank-reserve account
U.S. Treasurer- general account
Foreign
Other
Total deposits
Deferred a v a ila b ility items
Other l i a b i l i t i e s including
accrued dividends
TOTAL LIABILITIES
C A P I T A L iv C C 0 U K T S
Capital paid In
Surplus (S ection 7)
Surplus (Section IJb)
Other capital accounts
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
Ratio of to ta l reserves to deposit
and F.Rf note li a b i l i t i e s combined
Commitments to make industrial advances




Oct. 23,
19U2

Oct. 27,
19 U3

Oct. 20,
; 1945

19 . 3 5 1,7 15
112,0 35

+ 8,000
- 11,2 4 5
♦
• 66

+
+

328,-857

20 , 292,607

-

3 ,179

-

13,*305
—

+

2,780
—

13,305

+

+
+

2,780

695,1+14
95,623
78,31+5
521,41+6

9,235

5,000

l+,235
2,278

12,006

134

1,5146,703
1,571,250
5,484,528

+ 9 ,4 36
- 1,500
+ 73,200
+295/358

+5 ,028,077

9 , 290,881

+376,49^

+¿4,8ii9, 567

9 , 316,192
136

+379,408

688,400

-

-

569,025
499,811

890,324

78,791
1,711,960
38,417

59,210

9
369
-154,386
38
+ 1,241+

+£*851,92U
+
89
+
39,879
+ 470,819
‘1,775
1,957

31,497,313

+222,689

+¿¿,837,133

1 5 ,52:l,44’l

+ 76,863

+[i,Utl,936

12,004,862
529,704
1,317,839
3Ul,3U9
14,193,804
1,31+2,679

+

+224,614
- 80,220

7,645
31,065 ,569

+
749
+222,006

150,352
l6 o ,4 ll

73

94,152

610
+222,689

+

2 ,655
713

+ 56,081
+166,591

26,829

31,497,313

68.3
10,020

+

+

.1%
183

-

+

24l,o4o
157,980
365,331

- 154,096
+ 128,175
+ 214,911

1,968
+ii, 786,990

+
+
+

4,935

2,909
48

1+2 ,2 5 1

+4,857,133

-

14 . 5$ '
1,552

Form F. R. 233b
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BATIKS OK OCTOBER 27, lghs
(I n thousands o f d o lla r s )'
a

S S EI S

Total

Boston

Neiv York

Phila.

Clove.

Rich.

Gold c e r t ific a t e s on hand and
_due from U .S. Treasury
19,851,715 1064,457 5,307,529 1098,938 1,712,1+05 1098,643
Kedemption fund - F.k.notes
112,035
17,830
10,986
15,1*00
10,764
13,326
other cash
328,857
31,783
79,214
24,586
22,330
2 2,510

Atlanta

Chicago St.Louis

Hinn. Kans.Cy. Dallas

980,050 3,790,342
10,410
Jq6
19,506
45,123

673,631 463,264

Total reserves
20, 292,607 1114,050 5,397,729 1133,924 1,715,1*99 H5l*,l*79 1009,766 3,854,261
B ills discounted*
Secured by U.S.Govf t ob lig a tion s,
d ire c t and guaranteed
2,o4o
5,960
450
1,1*55
345
13,50 5
555
—
Other b i l l s discounted

705,619 471*, 128

Total b i l l s discounted

---

754,455 569,924 2,415,775

109 , 191*

157,565
551,1*58

110,929
1 11,0 10

593,259 5,050,010

634,691

770,741

490,373

579,755 1 , 129,045

457,521 2 29 ,16 7

535,905 552,555

C22r6l6

601,123 5 , 036,122

690,107

771,891

491,563

531,988 1 , 129,049

459,521 229,291

535,935 352,551

327,241

15

1-5
3,907
199,329
1*,252

6
15,550
ill*, 525
2,955
1*,595

5
6,551
105,552

4
1*.
7,580 • 3,070
114,826 61 ; 613
98 /
2 , 71*9
5,579 • 3,633

11
9,857
172,065

152

1*,571

155,1*17

5,484,528

100,182
44,538
101,771
224,072 2,785,469

Total U.S. Gov*t s e c u r itie s ,
d ire c t and guaranteed
9 , 290,881
Total b i l l s and
se cu ritie s

9 , 3 16 ,19 2

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

78,791
1,711,960
58,417
59,210




2,000

39,169

150,220
57,953
152,236
170 ,4 14

1,1*31+

TOTiiL 4».SSî:TS

——

10,034

221,243
■ 93,472
224,762
226,259

555

156

2,000

16,496

595

845

1 , 51*6,705
688,400
1 , 571,250

8 ,3 19

732,413 556,77k 2,373,289
5,5l;l*
5,066
1,317

2,o4o

5,960

Industrial advances
U. S. Government s e cu r itie s ,
d ire c t and guaranteed:
Bonds
Notes
C e rtifica te s
B ills

—

2,545

450
240

1,1*55

15 ,50 5
12,006

20,051
11,937

San Fran.

152,042
67,670
151*, 1*55

5
1,967
11*5,983
2,680
4,847

1 / 55
15,205
328,751
9,658
7,132

60,271

2 ,2 15
90,805
4 ,6 5 6

1*,555 .

8,273

215

48,6oo

1,6 6 1
3,760

4

—

124

170,878
68,570
76,054- 50 ,5 19
175,589
69,657
708,524 263,575

17
7,51*8
245,955

2,869
6,715

---

5

5,066
97,200

2,076
•2,599

6 0 ,19 1
26,790
61, ll*6
31,040

2
2,497
41,802
1,287
2,244

--50

4,62 5

16

101,110 . 94,1*65. .205,136
45,coi 42,044
90,455
10 2.713 9 5 f967
2o6,4lO
137,031 100 , 059 .... 522,587

.

2,629

. 7,1*30

51,1*97,513 1863,658 8, 79l*,652 1931,251 2, 733,144 1761,074 1507,043 5, 224, 592 1251,884 751,251 1269,126 971,782 5 , 453,056
l / A fte r deducting $81,000 p a r tic ip a tio n s o f other Federal Reserve Banks.