View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Form F. R. 283
STATEMENT FOR THE PRESS
Released fo r p u b lica tio n
Friday morning, Sept. 22;
•not e a r lie r ,

Board o f Governors
o f the Federal Reserve System
September 21, 19*4*4

CONDITION OF THE FEDERAL RESERVE BANKS

During th e week ended September 20 member bank r e s e r v e b a la n c e s d e cre a se d
$81,000,000. R ed uctio n s i n member bank r e s e r v e s a ro se from i n c r e a s e s . o f
$329,000,000 i n T re a s u ry d e p o s i t s w ith F e d e ra l Reserve Banks, $63,000,000 in money
in c i r c u l a t i o n , $6,000,000 in T re a s u ry cash and $5,000,000 in nonmember d e p o s it s
and o th e r F e d e ra l Reserve a c c o u n ts , o f f s e t in p a r t b y i n c r e a s e s o f $321,000,000 in
Reserve B a n k 'c r e d i t and $2,000,000 in T r e a s u r y c u r r e n c y .- E xcess r e s e r v e s o f member
banks on September 20 were e s tim a te d t o be a p p ro x im a te ly $900,000,000.
There was an in c r e a s e o f $133,000,000 in h o ld in g s o f U nited S t a t e s Government
s e c u r i t i e s ; b i l l s in c r e a s e d $ 105 , 000,000 and c e r t i f i c a t e s $ 50 , 000 , 000, w h ile bonds
d ecrease^ $18,000,000 and n o te s $14, 000, 000*
Changes in member bank r e s e r v e b a la n c e s and r e l a t e d item s d u rin g th e week
and the y e a r ended September 20, I 9 I4I4» were as f o l l o w s ;

I n c re a s e or d e cre a se
s in c e
S e p t . 20,

Sept,' 13,

S e p t. 22,

I 9J4U

19*43

19*4*4

( In m i l l i o n s o f d o l l a r s )
U. S. Govt, s e c u r i t i e s ( i n c l * guar* sea*)
Loans, d is c o u n ts and advances
.Other R eserve Bank c r e d i t

16, 5*40
182
51*4

T o t a l R eserve Bank c r e d i t
Gold s t o c k
Treasury currency

17,237
20,885

Member bank r e s e r v e b a la n c e s
Money in c i r c u l a t i o n
T re a s u ry cash
T re a s u ry d e p o s i t s w i t h F. Rf Banfcs
Nonmember d e p o s i t s and o th e r F*R ,accounts

13, *4*45
23,558
2,390




llU

699
2,I*t3

+
+

133
56
!32

+7,336
+ 1*49
+
3*4

321

+7,520
- 1,320
+ 20

- ,

+

2
81
63

+
+
+

329

4-

5

6.

+ 958
+1|, 8*4*1
+ 12I4.
+ 150
+ 1*43

F . R. 283c
L I A B I L I T I E S

STATEMENT OF CONDITION OF THE FEDERAL RESE.WE BANKS ON SEPTEMBER 20, 19U+

Total

Boston

(in thousands of d ollars)
Dallas San Fran,
Minn, Kans.Cy.
New York
P hila.
C lev e.
Rich. Atlanta Chicago St ..Louis
U,1+61,198 132l+,037 1765,277 1333,637 I I 5I . 53O 3688,1459 837, 5001+1+3,960 73l+,61+l+ 1+92,250 2l+81+,170

Federal Reserve notes
20,001, 393128^,731
*
Deposits I
Member bank-reserve a c c t .13,i44i|.»623 638,14.06 1+,1+01,295 678,126
U*S.Treasurer-general acct* 699>23^ ■1^,863
31+.602
. 195,1+51+
Foreign
126,818
97,175
y
528,082
■
1,1+05,1+87
Other
269,?63
3,801
352,923
5,932
Total deposits
15,902,267 781+,2l+5 5,391+,79I+ 81+5 ,24.78
Deferred a v a ila b ility itemsi ,61*2 ,68l 122,526
302, 121;
90,1+86
Other l i a b i l i t i e s including
accrued dividends
781
2,887
63I+
9,175
TOTAL LIABILITIES
37,555,516 2192,283 10, 161,003 2260,635
Capital paid in
58,360
9,980
-159,919
12,131
Surplus (Section 7)
13,206
70,012
188,097
17,859
Surplus (Section 13k)
1+,1+21
2,871+
' 7,092
26,965
Other capita l accounts
21,581+
6,225
91,557
5,257
TOTAL LIABILITIES AND
-G&PJIAL. ACCOUNTS
38,02 1,951+ 2223,600.10, 318,051 2301,271
Commitments to make
---in du strial loans
1,868
3,871
275
F. R. notes outstanding
20, 600, 711+ 1318,907 1+,599 »603 1359,666
C ollateral fox F. R. notes
held by F* R. Agents:
Goi'd c e r t ific a t e s
11, 706,000 706*000 2 ,300,000 610,000
E lig ib le paper
153.310
2/21+5
5,895 - ' 112,1+95
700,000
2
,300,000
750,000
I?.S. Govt. secu rities
9T2l5»97l+

10l+6 , 3l;6
96,101
122,683
5,991

557,363
51,808
55,139
3,1+15

568,156 2012,1+15 1+72,315 301,033
10,21+7 •I2lu937
1+0,091 17.765
30,326
1+2,732
1|1+,111 170,930
2,028
8,158
l+»l|l+5
3,613

6ll+,38l4
16,312
39,975
2,026

569,293 1585,1+91
1+9,901+
17,150
39,975 107,51+1
1+0,630
2,921

1271,121
176,205

667,725
136,058

626,127 2312,727
103,115 2I+1 ,100

563,296 351,152
73,871 37,373

672,697
87,91+9

629,339 1783,566
61+,568 207,301

831

355

555

1,217

760
232
319
25I+.
832,71+li 11+95,572 1186,1+76 1+1+75,797
3,1+66
5,011+
5,161
13,1+36
i+,831
3,669
H+,159
l+,55l+
1,000
2,129
1,307
1,137
5,886
1+,001
l+,56?
1+,1+1+1+

300

3213¿3U 2137,775 1331,327 621+3,503 ll+7l+,967
16,231
6,1+01
5,753
l+,897
13,93b
16,026
26,1+90
5,236
5,725
6,330
1,007
3,290
7I+9
530
1 ,1+29
10,790
6,21+7
5,578
13,01+1+
3,931+

3257,533 2158, 91+9 1899,137 '6303,1+00 11+90,658 81+5,323 1510,991 1201,629 1+511,1+07
---50
771
1806,211; 1363,732 1202,601+ 3755,526

1+8
871, 231+ 1+52,1+58

759,571

859
523,661 2587,538

1010,000
---800,000

375,000 230,000
26,520
5,000
553,371+ 225,000

1+20 ,000
350
350,000

266,000 17 7!+,000
-—
275,000 900,000

825,000
1,305
550,000

690,000 2500,000
525,000 1287,600

—

—

—

—

MATURITY DISTRIBUTION OF LOANS AND SECURITIES
T otal

Discounts and advances
Industrial loans
u . s . G ovt, secu rities
(i n c l. guar* s e c .)




171,867'
10,030

Within
15 days

l6 to
30 days

31 to
60 days

61 to
90 days

139,087
9,309

9,890
5

3,025
6

19,365
31+9

91 days to
6 months
...
211

6 months
to 1 year
—

—

57

1 to 2
years

31

Over
5 years
-------

89^,102

861,791+

2i t o “5
years
----

----

62
I

16,51+0,170

2,782,871

1,682,533

3,385,71+9

3 , 998, 660,

628,521

2,22l+,7l+0

821,200

l / A fter deducting §076,703,000 participation s of other Föderal Reserve Banks

Form F . R .

283a

R e le a s e d

fo r p u b lic a tio n

F r i d a y m o r n in g , S e p t .

22,19i4.itj n o t e a r l i e r ,

•STATEMENT OF CONDITION
OF THE TWELVE FEDERAL RESERVE BANKS COMBINED
(In thousands, o f d o lla rs)
Increase or decrease
since
Sept. 20,

Sept. 22,
I9I43

Sept. 13,
19W*

ASSETS
Gold c e r t ific a te s on hand and
due from U. S, Treasury
Redemption'fund — F.R.notes
Other cash
Total reserves

18,2314,365
1*76, 51*8
26U,li95

- 11,500
+ 6,082
+
216

- 1, 680,852
+ 31*6,683
69,0147

18,975,1;08

-

5.202

- 1, 1*03,216

Discounts and advances
Industrial loans
U. S. Govt, s e cu r itie s :
B ills
C ertifica tes
Notes
Bonds

171,867
10,030

+ 55,972
+
110

+ ,150» 3k8
1.187

10,750,083
3, 1; 68,990
1,071,871
1,2^8,1|26

+10l*,76l
+ 50,000
- U,ooo
- 18,000

+5.085.916
+2,150,8140
+ 379,971
- 280,622

Total U. S. Govt, secu rities
( i n c l . gUar. s e c .)

16, 51*0,170

+132,761

+7.336,105

Total loans and secu rities

16, 722,067

+188,8U3

+7»1*85» 2 66

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

136
76,1*53
2,156,9814
3l*,5k7
56,359

-- ll, 150
+114.2, lj.22
19
- 10,691

+

38, 021,9514

+311,2141

+6, 161*, 1*21

20,001,393

+ 58,715

+¡4, 863,000

13,U1+U, 623
699, 23)4
l , U05,l;87
352,923
15, 902,267

- 81,U6U
+329,370
772
- 6,017
+2141,117

+ 957.827
+ 150,620
+ 173.202
76,717
+l,20l*,932

1,61*2,681

+ 10,305

+

9,175
37,555,516

CVJ
-3-

TOTAL ASSETS

+

9
1,586
92,578
3.988
i*. 61*2

L I A B I L I T I E S
Federal Reserve notes
Deposits j
Member bank-reserve account
U.S.Treasurer-general account
Foreign
Other
Total deposits
Deferred a v a ila b ility items
Uther l i a b i l i t i e s including
accrued dividends
TOTaL LIABILITIES
CAPI TAL a CCOUNTö
Capital paid in
Surplus (S ection 7)
Surplus (S ection 13b)
Other capital accounts
TOTAL LIABILITIES
Ca PITaL a CCOUNTS
Ratio o f to ta l reserves to deposit
and F. R. note l i a b i l i t i e s combined
Commitments to make industrial loans




159,819
188,097
•26,965
91,557
38, 021,9514
52 >-7/o
3,871

+310,179
+

«...

170

+
892
+311,21*1
•h%
171

58,1479

+
1.331
+6*127,71*2
+
9.870
+ 27, .586
+
136
-.
1,013
+6,161;,1*21
-

15*!; %
7,918

Form F . R*. 2Q$b
STATEMENT OF CONDITION*-OF THE FEDERAL RESERVE BANKS ON SEPTEMBER.
( I n th o u s a n d s of* d o l l a r s )

20 , lgUU

ASSETS
Total

Boston New York

P hila,

Gold c e r t ific a te s on hand and
due from U*S.Treasury
18, 23I*,.365 1023,365 l*27l*,502
Redemption fund-F,B*notes
1*76,51*8 - 31,167 117,331
Other cash
63,ol*l*
261*,1*95'
18,752
Total reserves
Discounts and .advances
Industrial loans
U. S. Govt, -s e c u r itie s :
B ills C e rtifica tes
Notes
Bonds

Gleve.

Rich.

Atlanta

Chicago St.Louis

Minn. Kans.Cy.

Dallas San Fran.

982, 808' 1511,608 1118,563
28,937
37,775
h o,353
22,305
20,721
12,984

950,170 3567,235
26,572
67,-625
36,710
21,076

668,5142 355,71*1
28 ,.322 11,39-5
5,538
12,357
•

7o6,i*ol*
17,215
14,013

553,226 2, 522,201
13,700
56, 13o
3,3ll*
27,381

18,975,^08 1073,281* 1*1*514,877 10l*l,30l* 1571*,766 1160,53k

997,818 3671,570

70Ç,22l 372,1*714

737,632

'575,7140 2,606,138

5,000
20

350
25

376,773 21*1*, 637
.167,393 103,065
51,723 3lr8U5
: 60, 21*3 37,091

3l;6, 8l 2
100,925
55,903
65,112

271, 61*8 1008, 1*76
156,100
367,671
113,607
- hds3^h
56, 281*
132,319
532,656.1,622,073

112, 1*95
99

2,21*5
h, 060

6,200
338

10,750,883 553,285 1*061*,381
3,1*68,990 262,658 731,235
81,172 225, 91*2
1 , 071,871
1,21*8,1*26 1 9h,S& 263,158

653,222
r~\r T
19^
8 3 ;I23
102 , 638

773,^21*
337,li 73
119,725
1 3 9 ,^ 5

171,867
10,030

5,895
1 , 1*92

1,305
l 68

2,950
25

8,100
—

i;36,959 396,880 1621*, 386
220, 1*20 212,120 336,338
70,578 „ 65, 5l*2 . 119,387
82,201*
76,333 139,052

26,520
—

'225

582
3,813

Total U*f5# Govt* se cu ritie s
~( inolrf guar., s e c .)
l :6 , 51*0,170

991,697 528l*,7l6 1129,175 11*20,072

018,l6 l

750,880 2269,213 ' 656,137 1+16,633

61+8,752

Total loans and
secu rities

999,081* 5397,300 1135, 1*80 11*26,610

819,631*

753,855, 2277,313 ( 632,657 1*21,658

61*9,127; 532,3.81 1,626,1*63

12
12
1 A9
2, 329
3,15!4
1C769I4
1*31 >I4I+I4 lilt, 59I4 21*2,336
6,963
14,130
3, 7OI4
1-0,722!* ’ 1;', 0l*8 ' '6,530

6
6,163
165,753
2,880
‘ 3,9714

1*
17
9,678
1*315
134,961* 3314,61*0
2,902
1,621*
7,28b
. 3,1497^

Due fronj, foreign banks
i'.R. notes o f other banks
Uncollected items
Bank premises
Other assets
TOTAL.ASSETS




16,722,067
136
76,1*53
2,156,981*
314,51*7
56,359
. 38,

10
2,153
1143,557
1,629
3,333

‘

1*
3
2,561*
U, 71*0
39,006 1*5,561
1,261
2,063
1,’302
?,959

1*
5,818
112,831
2 , 606
2,393'

1*.
3,850
35,729
932
2,1493

11
13,927
256. 561*
1,973
6,276

021, 951* 2 2 2 3 ^ 6 0 0 ^ 3 1 3 , 0 5 1 2 3 0 1 , 2 7 1 5 2 5 7 , 5 3 0 2 :1 5 8 ,9 1 *9 1 8 9 9 ,1 3 7 - 6 3 0 3 ,1 * 0 0 li*9 © » 6 5 8 8i 5 , 323 1510, 991- 1 2 0 1 ,6 2 9 - 1* , 511, 1*07
l/A fte r

d e d u c tin g

$ 07,000

p a r tic ip a tio n s

orf o t h e r F e d e r a l R e s e r v e B a n k s .