Board of Governors of the Federal Reserve System (U.S.), 1935- and Federal Reserve Board, 1914-1935. "September 2, 1927," H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks (1927-09-02). https://fraser.stlouisfed.org/title/83/item/63736, accessed on April 27, 2025.

Title: September 2, 1927

Date: 1927-09-02
PREVIOUS | NEXT
Page 1
image-container-0 STATBlCEiT.il 1 FOR TH3 FZRS3 St. 5'4c, Federal Reserve Eoa September 1, 15 2? Released for publication Friday morning-, Sept. 2; not earlier. CONDITION OF FEDERAL RESERVE BAHS The consolidated statement of condition of the Federal reserve banks on .august 31» made puolic by the Federal Reserve Board, shows increases for the week of $20,700,000 in bill and security holdings and of $5,$00,000 in Federal reserve note circulation, and decreases of $11,803,000 in cash reserves, $5,000,000 in non-reserve cash, and $1] Jl00.,000 in amounts due from foreign banks. A decline of $13,$00.000 in holdings of discounted bills was more than offset by increases of $28,000,000 in Government security holdings and of $$,300,000 in acceptances purchased in open market. The Federal Reserve Bank of New York reports a decline of $23,700,000 in discount holdings and Chicago a decline of $^,300,000, while the Boston bank shows an increase of $9,900,000 in discounts, San Francisco of $4,000,COO, and St. Louis of $2,500,000. The System's holdings of acceptances purchased in open market increased $$,300,000, of Treasury notes $10,300,000, of Treasury certificates $9,200,000, and of United States bonds $8,500,000. The principal changes in Federal reserve note circulation for the week com- prise increases of $3,500,000 and $2,200,000, respectively, at the New York and Atlanta reserve banks, and a decline of $2,$00,000 at Cleveland. A summary of changes in the principal assets and liabilities of the reserve banks during the week and the year ending August 31, 1927, follows: Total reserves - $11,800,000 Gold reserves - 11 : 900,000 Total bills and securities + 20,700,000 Bills discounted, total - 13,$00,000 Secured by U.S.Govt, obligations . . + 100,000 Other bills discounted - 13,800,000 Bills bought in open market + $,300,000 U. S. Government securities, total . . + 28,000,000 Bonds + 8,500,000 Treasury notes . . + 10,300,000 Certificates of indebtedness ... + 9,200,000 Federal reserve notes in circulation . + 5,$00,000 Total deposits - 12,$00,000 Members' reserve deposits - 6,800,000 Government deposits - 6,500,000 Increase 0 Week decrease during Year + $179.400.000 + 1$9,$00,000 - 143,700,000 - 225,800,000 - 102,900.000 - 123,000,000 $8,400,000 + 153,900,000 + 166,500,000 - 118,100,000 + 105,400,000 2$,500,000 + 59,000,000 + 75.000,000 - 11,600,000
image-container-1 Released publication Friday morning, September 2, 1927; not earlier. St. 5^9 a RESOURCES AND LIABILITIES OF THE TWELVE FEDERAL EESEB1ZE BA3JXS COMBINED (In thousands of dollars) - Aug. 51, 1927 Aug. 24, 1927 Sept. 1.1926 RESOURCES r Gold with Federal reserve agents 1,6)40,260 1,615,271 1,395,311 Gold redemption fund with U. S. Treasury . . 36,670 4c, 689 53,622 Gold held exclusively against F.R.notes 1,676,930 1,655,960 1,448,933 Gold settlement fund with F. R. Board . . . 631,U91 643,573 732,71? Gold and gold certificates held by banks . . 689,502 710,308 646,661 Total gold reserves ..... 2,997,923 3,009,841 2,828,311 Reserves other than gold 147,813 147,663 138,032 Total reserves 3,145,736 3,157,504 2,966,343 Non-reserve cash 48,050 53,039 49,328 Bills discounted: Sec. by U.S. Government obligations . . . 217,817-- 217,677 320,675 Other bills discounted 182,70?- " 196,480 305,673 Total bills discounted ....... 400,524 414,157 626,34s Bills bought in open market 185,128 178,809 253,481 U. S. Government securities: 185,128 Bonds 212,077 203,557 45,605 Treasury notes 99,642 89,333 217,702 Certificates of indebtedness 161,095 151,931 55,657 Total U.S. Government securities 472,814 444,821 318,9# Other securities 320 320 3,700 Total bills and securities . . . 1,058,786 1,038,107 1,202,493 Due from foreign banks 12,248 23,629 744 Uncollected items . . . 603,'366 609,876 620,052 Bank premises 59,455 59,452 59,931 All other resources 17,747 17,032 16,696 TOTAL RESOURCES 4,945,388 4,958,639 4,915,587 LIABILITIES F. R. notes in actual circulation 1,676,440 1,670,831 1,702,902 Deposits: Member bank - reserve account 2,298,880 2,305,727 2,223,902 Government 12,699 19,247 24,326 Foreign bank 5,536 4,935 15,166 Other deposits 24,168 23,973 18,926 Total deposits 2,341,283 2,353,882 2,282,320 Deferred availability items 555,002 561,147 568,299 Capital paid in 130,727 130,730 123,490 Surplus 228,775 228,775 220,310 All other liabilities 13,161 13,274 is,266 TOTAL LIABILITIES 4,945,388 4,953,639 4,915,537 Ratio of total reserves to deposit and F. R. note liabilities combined .... 78.3% 78.5% 74.4% Contingent liability on bills purchased for foreign correspondents C. 165,746 162,087 44,875
image-container-2
image-container-3
About
Date: 1927-09-02
Part Of:
Table of Contents
  • 1
  • 2
  • 3
Collections within FRASER contain historical language, content, and descriptions that reflect the time period within which they were created and the views of their creators. Certain collections contain objectionable content—for example, discriminatory or biased language used to refer to racial, ethnic, and cultural groups.
More Information
Genre:
  • government publication
  • statistics
  • periodical
Rights
No Copyright - United States (NoC-US)
Metadata
Metadata (XML)
Metadata (JSON)
IIIF Presentation Manifest
View IIIF Manifest (JSON)