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STAHWmr FOB. THE PHESS Released for publication Friday morning, Sept. 22; not earlier# B-801 Federal Reserve Board September 21, 1933 c o m m o n of federal reserve BMKS The daily average volume of Federal Reserve bank credit outstanding during the week ended September 20., as reported by the Federal Reserve banks, was $2,3©* ,000,000, an increase of $27,000,000 compared .with the preceding week and of $95,000,000 compared with the corresponding week in 1932* On September 26 total Reserve bank credit amounted to $2,382,000,000, an increase of $31,000,000 for the week. This increase corresponds with increases of $3,000,000 in money in circulation, $1,000,000 in member bank reserve balances and $9,000,000 in unexpended capital funds, nonmember deposits, etc#, and a decrease of $17,000,000 in Treasury currency, adjusted. Bills discounted declined $3,000,000 at all Federal Reserve banks, while holdings of bills bongit in open market show practically no change for the week. The System*s holdings of United States Treasury notes increased $4H,000,000, while holdings of United States bonds declined $1,000,000 and of Treasury certificates and bills $3,000,0C0# Changes in the amount of Reserve bank credit outstanding and in related items during the week and the year ended September 20, 1933 > as follows: Increase or decrease since * Sept. 20 1933 Se"ot# 13 1933 Sex>t# 21 _1222_ (In millions of dollars) Bills Bills U. S. Other discounted bought Government securities reserve bonk credit TOTAL R3S3RV3 B A M CB3DIT Monetary gold stock Treasury currency adjusted Money in "circulation Member bank reserve balances Unexpended capital funds,nonmember deposits,etc 130 - 3 7 2,23S 13 +35 - l + 229 27 326 2 129 162 133 37 332 127 2,38S ^,327 1,9^6 -17 + + + ..-5,605, 2,5^3 R12 + 3 + 1 + 9 + + +31 Released for publication Friday morning, Sept. 22,1933; not earlier. 3-SOla ASSETS AND LIABILITIES OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Sept. 20,1933 ASSETS Gold with Federal Reserve agents . . . Gold redemption fund with U.S.Treasury Gold held exclusively against F.R.notes Gold settlement fund with F.R.Board . Gold and gold certificates held by banks Total gold reserves . . . Other cash* . . Total gold reserves and other cash Redemption fund - F. R. bank notes . Bills discounted: Secured by U.S.Govt, obligations , Other bills discounted . . . . . . Total bills discounted ... Bills boiight in open market . . . . . U. S. Government securities: Bonds Treasury notes . . Certificates and bills . Total U.S.Government securities Other securities Total bills and securities . Due from foreign banks ....... F. R. notes of other banks . Uncollected items Bank premises . All other assets Sept.13,1933 Sept.21, 1932 3.590,966 230,835 2,740,651 36,719 2,777,370 565,831 247,254 3,590,455 238,121 2,144,988 54,350 2,199,338 286,056 379,297 2,864,691 281,685 , . 3,821,801 8,528 3,828,576 8,53^ 3,146,376 , , . . 27,092 103,069 130,161 6,932 29,030 104,203, 133,233 7,3^7 118,309 240,714 359,023 33,652 441,396 934,624 861,760 2,237,780 1,789 2,376,662 442,231 890,877 869,552 2,202,660 1,789 2,3%,029 421,348 408,355 1,021,843 1,851,5^6 4,402 2,248,623 3,909 19,799 ^35,8^5 5^,551 5M12 3,713 19,577 422,779 54,542 55.575. 2,653 17,871 361,983 58,126 6,775,207 6,738,325 5,879,386 2,986,781 137,170 2,989,123 133,638 2,759,137 2,543,32s 59,123 16,174 76,665 16,214 , 55,118. 2,766,622 428,340 145,85s 278,599 31,8^7 6,775,207 2,5^1,7*+5 46,oo4 21,207 75,865 16,44s "43,778 2,745,047 4l4,24o 145,S89 278,599 51,789. 6,738,325 . . . . . . . TOTAL ASSETS 2,732,226 36,162 2,768,388 570,051 252,527 L I A B I L I T I E S F.R. notes in actual circulation . . . F.R, bank notes in actual circulation . Deposits: Member bank - reserve account . . . . Government Foreign bank Special deposits - member bahfe . . . nonmember bank . Other deposits . . . . . . . . . . . Total deposits . . . . Deferred availability items ..... Caoital paid in Surplus All other liabilities ... TOTAL LIABILITIES . . . . Ratio of total gold reserves and other cash* to deposit and F.R.note liabilities combined Contingent liability on bills purchased for foreign correspondents . . . . . — 2,210,587 68,969 10,702 — — 24,830 2,315,088 353,790 152,988 259,421 38.962 5,879,386 66.4$ 66.8$ 62.0$ 46,701 43,362 41,978 * "Other cash" does not include F. R. notes or a bank's own F.R.bank notes. A S S E T S Gold with Federal Reserve agents ASSETS AMD LIABILITIES 0? THE FEDERAL RESERVE B A M S Oil SEPTEMBER 20, 1933 (In thousands of dollars) B-801b Total Boston ITev? York PMla. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.C-y. Dallas San Fran. 2,732,226 224,316 656,706 183,200 218,770 117,130 90,625 750,017 108,606 69,289 99,290 29,014 185,263 / -TO Gold held exclusively against F. R. notes 2,768,388 225,492 L 570,051 21,439 Gold settlement fund with F.R.Bc Gold and gold certif. held by "banlcsi 252,527 21,914 Total gol Other cash* Total gold reserves & other cash Bedanption fund - F.R.Bank notes Sills discounted: Secured by U.S.Govt, obligations Other bills discounted 662,997 187,219 223,545 118,803 93,373 206,178 11,121 31,845 18,907 11,865 4.219 144,936 15,36s 4,334 1,510 3,390,966 268,845 i , o i 4 , i n 213,70s 259,724 139,220 109/457 230,835 20,333 60,916 27,106 21,839 11,26s 10,596 3,821,801 289,178 1,,075,027 24o,si4 281,563 150,4sa 120,053 8,528 63s 2,823 701 544 370 — 27,092 103,069 130,161 6,932 1,889 3,351 5,240 451 12,341 27,900 40,241 2,033 4,479 23,767 28,246 649 53,731 245,614 5,767 16,029 59,49s 261,643 663 232 359 6,501 1,002 5,808 887 2.6^4 117 439 3.SS2 211 4T023 6o4 <5,012 11,439 606 10,04l 239 6,860 214 6,810 303 3,5^1 174 3,572 lis 4,321 177 M34 177 5,616 1,291 10,652 28,033 25,541 64,27$ 76,211 155,463 168,763 400,437 172,013 28,510 32,904 327,689 66,573 87,030 282,419 60,518 79,151 782,121 155,601 199,085 510 1,237 11,503 30,421 27,666 69,590 Total bills and securities Due from foreign banks F. R. notes of other banks Uncollected items Bank premises All other assets 2,376,662 145,312 3,909 284 19,799 371 435,845 54,341 54,551 3,280 54,112 710 825,632 185,006 211,130 1,565 409 367 4,975 44l .919 lib,498 31,745 39,570 12,818 p,6lS 6,929 30,450 4,048 2,517 79,870 145 1,240 35,356 3,237 3,873 917,165 141,353 87»'354 140,684 5,760 S.SS5 33,449 S,SS7 950,614 150,240 93,11^ 1^9,569 119 2,283 50 95 953 9,088 441,396 23,665 934,624 60,727 861,760 55,229 2,237,780 139,621 1,789 TOTAL ASSETS 30,068 191,991 18,403 19,283 ^260 ^4t^4o 3,811 7,62s Total bills discounted -ills bought in open :aarket U.S.Government securities: Bonds Treasury notes Certificates and bills Total U.S.Govt, securities Other securities — 753,059 110,263 70,981 100,597 156,828 30,618 16,032 27,532 ^4l 12. 7,278 472 — — — 71»350 130 1,136 12,728 .2,422 4,423 — 14,408 16,327 12,504 36,736 23,462 32,066 33,458 21,339 29,168 84,652 6l,188 73,738 42 — 408,050 88,367 64,920 506 17 12 4,523 1,213 758 58,778 17,559 11,362 7,609 3,285 1,747 1,775 583 1,308 — 17,476 25,163 19,773 66,551 17.983 60.^2*5 55,232 152,239 — — 78,236' 59,643 159,146 107 107 260 1,639 195 2,389 22,952 14,876 20,080 3,559 1,793 ^,254 2,00d 1,330 1,089 6,775,207 4s4,ll4 2,069,793 466,451 5^3,696 274,209 212,786 1,434,13s 261,359 173,340 258,118 138,110 4^9,093 * "Other cash" does not include F. R. notes or a bank's own F. R. bank notes. ASSETS AI]D LIABILITIES OF THE FEDERAL RESERVE BANKS OH SEPTEMBER 20, 1933 B-801c (In thousands of dollars) Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.C&r. Dallas San Fran. F.R.notes in actual circulation 2,986,781 222,202 640,787 237,623 296,652 137,o2S 117,635 7*49,123 134,201 93,779 108,883 31,313 216,955 F.R.bank notes in actual circulation 53,110 7,122 11,785 -1,780 31,H7 1,637 137,170 12,31S 1,802 955 11,569 3,975 Deposits: 2,5^3,328 170,327 1,046,929 125,024 139,228 67,209 54,768 492,330 74,564 49,876 106,859 59,804 156,410 Member "bank - reserve account 5,811 1,905 5,619 Government 2,359 1,692 2,412 1,256 3,520 26,151 2,858 3,001 59,123 2,479 545 607 530 Foreign "bank 1,635 1,542 35s 452 1,137 2,025 452 1,090 5,801 16,17*1 4,207 4,580 Special deposits: member "bank 6,230 10,885 1,482 31,303 1,672 2,306 333 5,297 76,665 6,235 2,135 3,417 nonmemb er bank 174 1,427 7,066 409 147 87 6 19s 786 16,214 2,681 614 2,199 4*922 2.996 4,974 1,33-5 Other deposits 22,851 3,303 23S 1,456 309 gfrllg Total deposits 2,766,622 173,62s 1,108,843 145,491 151,732 84,183 63,121 539,385 S9,970 55,322 112,435 62,843 174,619 Deferred availability items 428,340 49,oo4 111,525 30,13s ^,093 34,922 12,067 57,889 20,014 11,388 22,573 17,255 21,412 Capital paid in 52,497 15,747 12,377 4,891 4,s4o 13,21s 4,oil 2,872 4,220 145,858 10,779 3,720 10,686 Surplus 278,599 20,460 85,058 29,242 28,294 11,616 10,544 39,497 10,18b 7,019 8,263 8,719 19,701 All other liabilities 31.837 723 ll.qrs l„Qgg 2,76.3 2,799 1.340 1,158 733- 2,691 1,745 6,775,207 494,114 2,069,793 466,451 543,696 274,209 212,7S6 1,434,138 261,359 173,340 258,118 138,110 449,093 TOTAL LIABILITIES L I A B I L I T I E S Ratio of total gold reserves and otiier cash* to deposit and F.R. note liabilities combined Contingent liability on bills purchased for foreign correspondents 72.1 66.4 46,701 3,409 6l.4 15,600 62.9 4,903 62.8 4,623 67.S 66.4 1,821 1,635 73.S 67.0 6,071 1,588 62.5 67.8 63.2 66.8 1,074 1,354 1,354 3,269 MATURITY DISTRIBUTION OF BILLS AMD SHORT TERM SECURITIES Total Bills discounted Bills bought in open market Certificates and bills Municipal warrants 130,161 6,932 861,760 1,789 Within 15 days 95,693 3,207 80,183 1,710 16 to 30 days 10,907 863 46,300 31 to 60 days 6l to 90 days 91 days to 6 months 11,430 10,838 1,224 97,972 s44 325,199 37 168,100 42 2,018 * "Other cash" does not include F. R. notes or a bank's own F. R. bank notes. Over 6 months 69 144,006 FEDERAL RESERVE 110TE STATEMENT OH SEPTEMBER 20, 1933 (In thousands of dollars) Chicago St.Louis Total Boston Hew York Phila. Cleve. Rich.. Atlanta Federal Reserve notes: Issued to F.R.baxik by F.R.Agent 3,279,097 Held "by Federal Reserve hank 292,316 In actual circulation 2,986,781 Collateral held by agent as security for notes issued to "bank; Gold and gold certificates 1,518,291 Gold fund - F. R. Board 1,213,935 Eligible paper 79,^8 U.S. Govt, securities 527,200 Total collateral 3,338,8914 B-SOld Minn. Kans.C&r. Dallas San Fran. 21+8,259 26,057 222,202 723,292 257,081 311,531 1^7,021 11+0,877 83,105 19,^58 lU.879 9,393 23,2*42 61+0,787 237,623 296,652 137,62s 117,635 797,239 ita.,928 99,227 116,906 48,116 7,727 5,1+148 8.023 7^9,123 13^,201 93,779 108,883 31+, 286 260,850 , 2*973 ^,895 31,313 216,955 73,^9 150,817 3,097 25,000 523,606 97,^50 107,270 51,625 20,625 133,100 85,750 111,500 65,505 70,000 25,587 11,983 9.831 6,257 >+,320 75,000 62,000 85,000 25,000 U7,000 757,293 257,188 313,601 11+8,387 1U1.9U5 1+1+1,017 14-3,406 29,789 21,1490 309,000 65,200 39,500 77,800 2,381 2,781 1,821 3,007 50,000 32,000 29,200 20.000 202,393 1^3,387 100,310 122,297 19,0114 89,500 10,000 95,763 3,877 14,521 2,000 75.000 3^,891 2614,78)4 252,1413 FEDERAL RESERVE BA13K BOTE STATEMENT 0!T SEPTEMBER 20, 1933 (In thousands of dollars) Total Federal Reserve bank notes Issued to F.R.Bank(outstanding) In actual circulation Boston Hew York phila, Cleve. Rich. Atlanta Chicago St.Louis Minn. Kaas.Cy. Dallas San Fran. 159,6ll4 14,318 22,4l4U 2,000 63,102 9,992 7,337 215 16,121 ^,336 — 1,839 32,903 1,895 137,170 12,318 53,110 7,122 11,785 -- 1,780 31,117 1,637 2,260 179,674 20,000 61+, 27!+ 8.000 1,531 15,000 -— 2I49 3,000 1+0,000 614,271+ 16,531 — 3,2l49 140,000 2,011+ 212 1,802 975 20 1M7S 3,309 1+, 232 955 11,569 3,975 5.000 2.1+00 1.000 136 16.000 5,000 5,3^ 2,1+00 1,000 16,136 5,000 Collateral pledged against outstanding notes: Discounted and .purchased bills U. S. Govt, securities Total collateral 181,9314 20,000 8,000 3144
@FedFRASER