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STATEMENT FOB THE PRESS Released f o r p u b l i c a t i o n Friday morning, Sept. 11; not e a r l i e r . • st„ Federal Reserve Board, September 10, 1525- CONDITION OF THE FEDERAL'RESERVE BANKS o T h e B ? 0 n B O i ? ^ a t ? statement of c o n d i t i o n of t h e Federal r e s e r v e banks on Septemv t?"C ^ t h 9 F e d e r a l Reserve Board, shows i n c r e a s e s of $ 6 2 , 3 0 0 , 0 0 0 arid & On "nrn°- ^ s c c u n t e < 1 b i l l s , $ 1 , 0 0 0 , 0 0 0 i n acceptances purchased i n cpe™ market-, w was $42,400,000 l a r g e r , and c a s h r e s e r v e s $ 1 7 , 0 0 0 , 0 0 0 l e s s than a we** ago. f h S ° H A^Li, A tetik= c^h:f s P F ot M ~ or decrease Week : : : : : : : : : : : : : ^ s i u r L ^ H i ' V ' * 1 " ' ' B U U bought i n open market 'BLf'! O T M n t seoUTltles ' '• • • • '• • . . . . . . t o t t i • • • : : : : : Federal Reserve n o t e s in c i r c u l a t i o n . . - . ! : u# e a 8 e o ° a of t — Increase D r o during y ear : : « s T * i ^3O2:OSO + l,COO,000 + 900,000 - '241,100,000 ! i;S;E : i + 42,400,000 - 70 6 00 000 : I h l l t : ™ + 121,703,000 : § I £ ° c E I ' Releasee 1 f o r p u b l i c a t i o n Friday morning# September 11, 1925> not e a r l i e r . St.4646a RESOURCES AND LIABILITIES OP THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of d o l l a r s ) Sent. 9 . 1925 Sent. 2. 1925 Sept. 10,1924 RESOURCES 2,035,611 1,441,993 1,451,175 Gold with Federal r e s e r v e a g e n t s . . . . 36,891 44,340 42,787 Gold redemption fund with U.S. Treasury 2,072,502 1,484,780 1,495,515 Gold held e x c l u s i v e l y a g a i n s t F. R.notes 679,480 619,422 689,685 Gold s e t t l e m e n t fund w i t h F. R. Board 595,696 602,230 392,995 Gold and gold c e r t i f i c a t e s held by banks Total gold r e s e r v e s . Reserves other than gold . Total r e s e r v e s Non-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 d i s c o u n t e d B i l l s bought in open market U. S./Government s e c u r i t i e s : Bcftds . . . . . . . . . . Treasury n o t e s C e r t i f i c a t e s of indebtedness Total U.S. Government s e c u r i t i e s Foreign loans cn geld . . . A l l ether earning a s s e t s Total earning a s s e t s 2,770,691 2,776,695 3,084,919 110,230 121,205 86,920 2,880,921 2,897,900 46,237 3,171,839 46,098 364, 274,46s-3-1 ' 320,527 256,363 84,931 176,299 639,192 214,143 576,890 213,167 261,230 70,403 236,801 19,910 69,942 230,996 25,274 34,044 412,378 121,766 327,114 326,212 568,188 7,500 2,320 1,190,269 7,500 2,320 1,750 1,126,089 923,659 43,614 658,563 61,333 23,260 Uncollected items Bank premises . . All other resources 628,059 61,245 22,097 92,491 580,589 59,376 33,383 4,857,960 4,781,627 4,814,944 F. R. n o t e s i n actual c i r c u l a t i o n Deposits*' Member bank - r e s e r v e account . Government Other d e p o s i t s . . . . . . . . 1,680,115 1,637,725 1,750,670 2,195,648 22,786 26,072 2,186,593 ' 25,321 23,814 2,138,893 29,741 31,734 Total d e p o s i t s . . . . 2,244,506 2,235,728 2,200,368 Deferred a v a i l a b i l i t y items . Capital paid i n Surplus « A l l other l i a b i l i t i e s . . . 585,596 116,380 217,837 13,526 561,085 116,363 217,237 12,889 518,5U2 111,989 220,915 12,460 TOTAL LIABILITIES 4,857,960 4,781,627 4, $ 1 4 , 9 4 4 TOTAL RESOURCES . L I A B I L I T I E S Ratio of t o t a l r e s e r v e s t o d e p o s i t and F. R. note l i a b i l i t i e s combined . < . 73,4# 74.8# 80. # 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 . . . . . . 34,646 31,148 23,718 RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS ON SEPTEMBER 9, 1925. S t . 4646b ( i n thousands of d o l l a r s ) RESOURCES Boston New York Fhila. CI eve. Bich. A t l a n t a Chicago St.Louis Minn. Kans.Cy. D a l l a s San Fran. Total GoM w i t h Federal Reserve Agents 150,809 Geld redemption fund with U . S . T r e a s . 5,876 355,728 131,738 181,707 7,478 4,533 4,658 3 7 , 5 8 2 1 2 6 , 0 5 2 135,074 2,640 2,277 3,904 15,821 1,248 45,403 1,713 48,771 5,327 31,430 191,060 1 , 4 5 1 , 1 7 5 2,127 2,559 44,340 Gold held e x c l u s i v e l y a g a i n s t F. R. n o t e s 156,685 Soldi s e t t l e m e n t fund w i t h F.R.Board 56,773 Gold and Geld c e r t i f i c a t e s 26,082 363,206 1 3 6 , 2 7 1 186,365 164,397 5 3 , 9 2 3 7 4 , 3 7 4 353,279 19,316 4 5 , 3 0 2 4 0 , 2 2 2 1 2 8 , 3 2 9 138,978 30,478 27,219 130,697 7,636 2 , 5 3 4 90,333 17,069 18,016 11,043 47,116 22,727 7,345 54,098 38,266 3,456 33,557 193,619 1 , 4 9 5 , 5 1 5 16,109 46,501 679,480 5 , 4 l 4 23,956 595,696 880,882 209,510 306,041 78,336 1 5 8 , 0 8 2 360,008 46,128 77,188 95,820 55,080 264,076 2 , 7 7 0 , 6 9 1 15,105 12,182 1,529 3,974 8 2 , 2 2 4 164,597 375,113 58,310 78,717 99,794 7,381^3,033 7i6 1,865 1,513 2,350 43,614 Total gold r e s e r v e s 239,540 Reserves other than gold 12,47 5 Total r e s e r v e s 252,015 Non-reserve cash B i l l s discounted. s : n i s ; j « ; r ; r B i l l s bought in open market *Ws°Vcrnment Treasury n o t e s rre suiy n o t e s securities " 3fctal UcS.Gov't, s e c u r i t i e s Foreign l o a n s on gold All o t h e t earning a s s e t s Total earning a s s e t s U n c o l l e c t e d items Bank p r e m i s e s All o t h e r resourced TOTAL RESOURCES 5,688 6,220 909,641 215,198 312,261 3,888 6,515 8,502 5,393 110,230 63,582 269,469 2 , 8 8 0 , 9 2 1 3,657 13,569 900 2,032 3,105 3,193 13,^2 185,108 24,111 g:ia 45,677 13,351 6,150 3 0 , ^ 8,287 3,316 937 7,s 1,923 M S 31,467 364^2^ 25,103 254,334 47,293 67,273 51,656 30,193 51/330 30,756 8,305 7,945 9,848 54,556 639,192 36,057 22,146 18,576 17,302 5,003 11,742 27,203 3,094 22,963 17,342 10,779 21,936 214,143 557 3i6 4,912 51,361 611 17,207 8,746 20,571 1,486 4,019 1,665 11,297 1,440 21,126 19,117 2,783 3,273 27,227 368 8,149 7,752 77 9,u4o 20,397 2,833 7,97 6 2,46.2 21,303 3 6 , 2 3 4 287 5,095 57,501 1 7 , 8 7 2 2,025 697 2,320 30,648 5,544 14,402 43,026 S03 398 307 1,035 30,868 1 5 , 9 7 8 247 345 3 2 , 6 7 0 29,566 43,791 300 525 263 62,601 5 6 , 6 4 4 123,194 65,063 4 7 , 4 9 3 58,257 50,456 120,808 1 , 1 9 0 , 2 6 9 15,578 3,047 2,997 41,160 4,576 741 28,742 1,833 1,492 i g a t l 0 n s 3 o t a i b i l l s discounted U 28,759 5, 248 555 66,963 336,006 8 6 , 7 5 8 116,026 58,749 4,190 115 146,079 17,133 7,198 62,689 1,252 367 58 , 557 5 4 , 4 9 4 2,446 7,948 627 1,257 37,673 2,780 2,403 78,908 8,099 1,345 36,599 4,706 351 39,335 3,323 4,337 70,403 236,801 19,910 327,114 7,500 2,320 658,563 61,333 23,260 385,689 1,429,626 367,164 497,451 206,157 267,290 594,040 168,062 148,548 206,393 147,918 439,622 4,857;96o L I A B I L I T I E S . j?.B, n o t e s i n a c t u a l c i r c u l a t i o n Depoeits: Member bank - r e s e r v e account Government Other d e p o s i t s Total deposits Deferred a v a i l a b i l i t y items Capital paid i n Surplus A l l other l i a b i l i t i e s TOTAL LIABILITIES RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS ON SEPTEMBER 9, 1925. S t . 4646c (in thousands of d o l l a r s ) Boston New York P h i l a . Clave. Rich. A t l a n t a Chicago S t . L o u i s Minn. Kans.Cy. D a l l a s San Fran. Total 162,330 349,528 1 5 1 , 5 1 8 22$,252 7 4 , 4 6 5 144,824 145,950 40^541 64,998 65,846 45,755 209,108 1 , 6 8 0 , 1 1 5 139,217 1,473 351 8 4 6 , 3 7 7 127,763 183,609 1,973 3,056 1,888 13,694 420 1,279 l4l,04i 56,717 8,596 16,382 623 8 6 2 , 0 4 4 131,239 186,776 6 4 , 9 2 4 1 2 4 , 0 7 2 5 2 , 3 8 0 4 8 , 8 3 0 48,077 31,900 1 1 , 4 9 4 13,058 5,979 58,749 2 0 , 0 5 9 2 2 , 4 6 2 11,701 3,333 474 1,073 1,011 62,608 1,991 325 77,939 324,230 625 % 9 8 8 192 1,7^2 73*894 l„m6 1*266 55,259 87,623 58,331 158,798 2,195,648 1,616 816 1,167 2,177 22,786 226 1,464 387 4,726 26,072 7 3 , 7 5 6 330,960 7&.176 29,271 69,405 1 5 , 5 8 8 4,617 15,615 5 , 1 2 7 8,950 3 0 , 4 2 6 9,971 872 1,684 659 57,101 8 9 , 9 0 3 59,885 165,701 2 , 2 4 4 , 5 0 6 1 4 , 6 5 2 36,790 29,581 4 0 , 2 3 3 585,596 3,200 4,304 4,316 8,174 116,380 7,497 8,97 7 7 , 5 9 2 15,071 217,837 1,100 573 789 1,335 13,526 385,689 1 , 4 2 9 , 6 2 6 367,164 497,451 206,157 267,290 594,040 168,062 148,548 206,393 147,918 4 3 9 , 6 2 2 4 , 8 5 7 , 9 6 0 64.5 64.1 60.2 71.9 73*4 75.1 76.1 75.8 59.0 73*6 78.7 50.0 83.1 Reserve r a t i o (per c e n t ) Contingent l i a b i l i t y on b i l l s purchased f o r f o r e i g n correspondents 2,583 F*B.notes on tend ( n o t e s rec 'd from 6»E.Agent l e s s n o t e s in c i r c u l a t i o n ) 18,136 9,168 3,246 3,734 1,850 1,431 4t,gi6 1,605 1,152 1,396 1,222 2,443 113,415 31,747 13,837 11,756 20,528 12,520 4,290 3,819 6,209 4,775 32,396 34,646273,428 E»$»notee rec 'd from Comptroller KErjiotes held by F. R. Agent 278,69 6 98,230 FEDERAL RESERVE NOTE ACCOUNTS OF FEDERAL RESERVE AGENTS 766,923 216,665 271,459 112,761 216,152 426,477 6 8 , 9 9 1 84,804 9 8 , 5 8 8 303,980 33,400 32,370 2 6 , 5 4 0 50,800 268,007 24,160 15,987 26,533 64,622 301,304 2 , 9 0 7 , 4 4 2 1 4 , 0 9 2 59,800 953,899 F»B» n o t e s issued t o F. R. Bank C o l l a t e r a l held as s e c u r i t y for „S»R.notes issued t o F.R.Bank: Sold and gold c e r t i f i c a t e s Gold redemption fund Sold fund - F. R. Board E l i g i b l e paper 180,466 462,943 183,265 239,089 50,530 241,504 1 , 9 5 3 , 5 4 3 35,300 15,509 100,000 61,160 18,733 310,698 186,698 5,200 8,780 21,160 10,000 11,775 13,052 3,697 19,290 112,018 3,411 28,030 13,649 12,927 5,127 4,052 4,429 546 1,351 9,000 171,770 1,028,459 i 4 i , 000 112,889 160,000 11,295 112,000 130,645 3,500 31,000 45,360 808,848 244,867 55,978 84,150 55,084 41,887 78,930 33,616 31,021 25,221 20,565 76,369 Total c o l l a t e r a l / B i l l s discounted ' B i l l s bought i n open market / C e r t i f i c a t e s of i n d e b t e d n e s s 211,969 86,221 165,352 158,470 44,831 68,517 72*055 600,595 187,716 265,857 92,666 167,939 214,004 49,437 76,424 73,992 51,995 267,429 2,260,023 MATURITY DISTRIBUTION OF BILTS AND CERTIFICATES OF INDEBTEDNESS 91 days days tt oo Within 15 days l 6 to 30 days 31 t o 60 days 6l t o 90 days 91 Over 6 months Total 60 months 169 505,311 36,084 56,659 33,024 7,945 639, 192 58,274 36,335 64,095 41,988 13,451 2l4,i43 14,176 1,275 2,961 1,498 19,910
@FedFRASER