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Form F# R* 203
STATEMENT FOR THE PRESS
Reteased f o r p u b lica tio n
Friday morning, Sept, 21*j
not e a r lie r ,

Board o f Governors
o f the Federal Reserve System
September 23, 19^3

CONDITION OF THE FEDERAL RESERVE BiiNKS

During the week aided September 22 member bank reserve balan ;es decreased
$1,21*2,000,000, Reductions in member bank reserves arose from a decrease of
$590*000,000 in Reserve Bank credit and increases of $51*3*000,000 in Treasury
deposits with Federal Reserve Banks and $163,000,000 in nonmember deposits and
other Federal Reserve accounts, offset in part by a decrease of $59»000,000 in
money in circulation. Excess reserves of member banks on September 22 were
estimated to be approximately $1,890,000,000, a decrease of $160,000,000 for the
week.
There was a decrease of $1*1*9,000,000 in holdings of United States Govern­
ment securities. Certificates decreased $1*11,000,000 and b ills $35,000,000. The
decrease in certificates was due to the redemption of the $li2l*,000,000 special
series certificate held by the Federal Reserve Banks on September 15,
Changes in member bank reserve balances and related items during the week
and the year ended September 22, 191*3, were as follows 1

Increase or decrease
since
Sept, 22,
19U3

Sept, 15 ,
19U5

Sept, 23,
I9h2

(In millions of dollars)
B ills discounted
U, S, Government direct obligations
U, S, Government guaranteed obligations
Industrial advances (not including 12 million
commitments - September 22)
Other Reserve Bank credit

22
9.171
33

- 9
-1*1*9
-*

♦
13
+5.781
+ 28

11
1*80

-11*0

*

h
317

Total Reserve Bank credit
Gold stook
rr»
Treasury currency

9 .717
22,205
U.09U

-598
1
1

+6,136
- 51*5
+ 7i*5

Member bank reserve balances
Money in circulation
Treasury cash
Treasury deposits with F. R, Banks
Nonmembor deposits and other F, R, accounts

12,467
18,714
2,266
3h9
2,000

-1,21*2
- 59
—
+ 51*3
+ 163

+ 601
+5.195
+
66
+
61*
+ 1*10




+
+

Form F. R. 283°
L I A B I L I T I E S

Total

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON SEPTEMBER 22, 1945
(In thousands o f d o lla r s )
Boston New York
P hila.
Cleve.
Rich. Atlanta
Chicago St.Louis
Minn. Kans.Cy. Dallas San Fran.

«5U3,2fo *62,638 1,706,137
i culItioJeS ln aotual Cir* 15 , 138,393 1063,^8 3 , 327,767 1051,369 1 , 372,915 1001, *»2 016. 6^ 2,8^8,Qli8 637*.5b2 355,972
Deposits*
.’ . .
..
"' *
Member bank-reserve acot. ^2, 486,796 645,676 4,090,805 675,959 1,007,419 534,105 475,315 1*934,001 419,962 277,241 566,014 4B0,.607 1 , 302,012
54,677
38,143
32,800 19,222 28,131 4 l,o4 3
U.S.Treasurer-general a cct.
51*8,614
25,171
115,123
2^,765
98,477 46,608
24,454
84,516
Foreign
1 , 232,285
28,888 1/ 566,678 105,552
102,219
47,776
38,887
135,551
33,332 24,444 3 1, n o 33,332
39,651
Other
429,640
5,525 ~~ 303,586
7 ,8 11
16,356
11,205
6 ,116
8,574
12,89 5
9,134
3, 920
4,887
Total deposits
14,697,555 705,260 5,076,192 312,087 1,224,471 639,694 544,772 2,117,149 498,989 350,041 6Ê9,I?5 559,869 1 , 561,656
Deferred availability items 1,584,202
185,558
78,830 55.271 85.113 62,064
270,520
91.097
183,555 146,586 116,472 252,209
99.549
Other lia b ilitie s including
accrued dividends
546
216
597
I90
1,504
205
576
645
2,562
251
7,844
447
705
TOTaL liabilities
5 1, 427,774 1867,112 8,676,841 1955,129 2,781,186 1733,062 1478,147 5,248,951 1215,577 721,489 1258,855 984,917 5,451,508
4,882
Capital paid in
16,621
4,670
12,207
5,583
4,541
9.548
5.189
15,464
6,041
55,725
11,675
149,949
5,221
Surplus (Section 7)
4,9^6
11,044
5,236
4,085
58,001
22,925
5,615
11,160
5,725
15,670
14,767
160,411
2,121
1,000
Surplus (Section 15b)
1,507
530
1,157
1,429
26,329
7,070
5,244
1,007
717
2,874
4,393
6,768
4,066
Other capital accounts
5,492
4,050
4,105
4,483
15,894
5.817
5,716
26,742
92,570
8,715
6,719
CAPITAL ACCOUNTS
51,857,535 1896,410 8,824,579 1995,504 2,821,137 1007,071 1494,027 5 , 503,020 1229,809 732,716 1272,592 998,540 5,485,548
Commitments to foake industrial
5,000
—
5,211
advances
11,789
706
9
1,788
-521
838
10
—
1,598
—
F*R.notes outstanding
Collateral for F.R.notes
held by F.R.agentsj
Sold certificates
Eligible paper
U*S..Goiv, t securities

15,779,919 1115,673 3. 449,898 1003,682 1, 420,696 1038,810
15, 750,000
20,757
2, 247,590

996,000 2, 160,000
1,600
7,455
150,000 1 , 500,000

356,552 2 , 975,652

090,000 1 , 422,000 922,000 . 770,000 2 ,990,000
617
—
575
-~
200,000
~
150,000 125,000
—

671,886 565,502

568,767 597,245 1,829,558

400,000 540,000 500,000 405,000 1,349,000
1,000
9,500
50
502,590 20,000

. j» d securities
6 months
9 I days to
to 1 year
6 months

maturity distribution of bills

Total
21,519
11,217

B ills discounted
In du strial advances
S„ Government s e c u r itie s ,
d ire c t and guaranteed
9 , 204,065




Within
15 days

16 to
50 days

51 to
60 days

19,979
9,859

274
70

490
55

61 to
90 days
775"
55

1 , 452,626

1,055,760

2, 130,419

1,053,554

619
150,700

1 to 2
years

2 to 5
years

286

122

213
696,750

.

211,400

A fte r deducting $565,232,000 p a r tic ip a tio n s o f other Federal Reserve Banks,

690,671

Over
5 years

915.177

Fora F, R. 283aReleased fo r publication Friday morning, September 2ij., I9U3 S not e a r lie r.
ST:*T£LiENT OF CCNDITIGM .
OF THE T3IBLVE FEDSRAL- RESERVE B^KKS COHBINED
( In thousands of dollars)
Increase or decrease
sine e

Sept. 22,
1903

Sept. 23,
I9O2

Sept. 15,
1903

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

19, 915,217
129,865
333.502.
20,370, tëh

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. 3. Government se cu r itie s ,
d irect and guaranteed»
Bonds
Notos
C o ftif i cates
B ills
Total U. 3, Government s e cu ritie s,
d ire ct and guaranteed
Total b i l l s and secu rities

, .

Due fron foreign banks
F. R. notes o f other banks
Uncollocted itens
Bank premises
Othjr assets
TCT-Jj ASSETS'

21,519

+ 1,502
'+
770
'+ 13,937 ,
+ 16,209

-

mm mm

21,519

-

11,2 17

,

9,100
50"
9,190
136

+
+

607,O06
115,222
100,935

-

031,209

+

13,990
1,571
12,023

+

3,021

1 , 529, 0^
£91,900
1 , 313,150
5,.660,9 67

-—
; -1*11,000
- 33,312

- 170,032
♦ 21,535
+ 371,900
+5,035,900

9 , 200,065

- 009,312

+5,805,997

9,236,301

- 1*50,692 _

127
70,039
2,o60,4o6
33,535.
61,001

. + 17,502
- 306,410
10
16

+5,817,999;
+
30
♦ 05,316
+ -315,203
1,771
+ . 14,716

31,357,533

- 731,301

+6,26o,330

15,136,393

- 26,875

+0,676,110

12,436,796
503,610
1,232,235
429,040

-1,21*2,1*53
+ 502,22-3
+ 35,770
+ 125,722

10,697,335
1,534,202

- 530,733
- 166,976

+ 60Q, 512
+
63,309
+ .. 260,652
+ 109,555
+1,034,063.
+ 0 9 7 ,6 5 6

7.,Ol*0
31. I 27,77U

.+
305
- 732,279

+ , 3,037:
+6) 2 11,2 7 1

L I a BI L I T I S S *

F. R. notes in actual, circu la tion
Deposits:
M^iiiber bark-reserve account
U.S.Treasurer-general account
Foreign
Other
Total deposits
Deferred a v a ila b ilit y itens
Other l i a b i l i t i e s including
accrued dividends
TOTAL LIABILITIES
C .1 P I I .1 L « 0 C û ü îî I 8
Capital p^id in
Surplus (S .c tio n 7)
Surplus (S ection 13b)
Other capital accounts
TOTAL LIAâlLIÏIiS ÆD CAPITAL ÀCOOCIÏTS
Ratio of tct-J. r.. s-rvos to deposit
and F. ft. nel'-: i i a i i l i t i v s corranoci
Com.iit v-uta tc :nak.:; industrial advances



.109.909
160, 1*11
26,329
•9.2,570.
. 31,357,533
63.39'®
11,739

+

602 '

+
216
>■ 731,3.-1

'+
O', 663
+
2,909
+
08
+ 01,033
+6,260,330

+

-

1.3$
175

13*($>
1,103

Form »F. P.. 283b
STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON „SEPTEMBER 22, 191*5
(In thousands of dollars)
ASSETS
Total*

Boston

New York

P hila.

Cleve.

Rich.

Atlanta
Chicago St.Louis liinn. Kacs.Cy» Dallas Sail Fran.
Gold c e r t ific a t e s on hand and
•'
due from U.S.Treasury
19, 9 15,217 1236,511+4,181,765 1197,711 1,926,583 125k,73k 10.07,220 3,872,150 724,765 1*80,561 890,71*5 651,876 2, 1*90,705
Redemption fund - F..K.notes
129,565
7,760
68,003
11,113
1 ,286
8,560
5,906
1,377
20,238
1,107
676
707
3 132
Other cash
335,51*2 * 33,201; . 80,1*50
21*,529
22,319
21*,850
15,502
¿¿,333
11,51*5
3,1*01
16,361; 10,278
h l .olh
Total reserves
20,373,621; 1277,1,78 1*,330,213 1233,153 1,950,180 1283,11*1* 1028,623 3, 917,915
B ills discounted:
Secured by U.;S. Gov’ t ob lig a tion s;
d ire c t and guaranteed
2 1,519
1,600
7 , 1*35
617
605
575
~
—
Other brills discounted
—
—
—
—
Total b i l l s discounted

21 519

1 6q0

7,1*35
152

617
1*,1*1*5

Industrial advances
11,217
1,1*56
U. S. Government s e c u r itie s ,
d ire c t and guaranteed:
Bonds
l,529,O l£ 122,773 270,356 126,558
57,168
Notes
691,900
55,558 126,183
C e rtifica te s
1,318,150 105,345 21*0,595 108,914
B ills
# ; 5. 661*,967 135,1*73 ;, 1*05,562 337,005
i!ota l U. S. Gov* t s e c u r itie s ,
•
‘
‘
d ire ct ^nd guaranteed
9 , 204,065 1*19* 65k 1**050,996 629, 1*25
Total b i l l s and
se cu rities
Due from' foreign banks
F.R. notes o f other banks
Uncollected items
Bank premises
Other assets
TOTaL ASSETS




9,236,301 1*22,712 1*, 058,583 651*, 1*35
<
•
127
1 / 1*6
3
15
r 4 , 171
1,697
73,059
2,750
2,o61*,l*o6 107,552
599*1*82 111*, 093
2,681*
9,676
1*, 660
33,535
61,001
l*,2Gl*
12,205
l*,i*57

756,31*6 1*89,369

908,233 662,061 2,535,51*1

9,500

30

1,000
—r

127

30

9,500
——

30
90

1,000
50

127
13

30
1*,000

203,896
98,870
33,205
9I*, 526
39*915
1*1*, 759
130,030
.
76,058
35,231*
602,191
103,533 103,551
* .*
•
611*, 526. 357,1*26 512,637 1.035,633

51*391* 51,651
23,256 25,572
1*1*, 305 1*1*, 528
243,1H 69,523
•
362,066 183,079

75,522
51*, 034
61*,953
81,-050

76, 11*0
3l*,l*5b
65,639
76,313

173,038
73,323
149*213
291,654

255, 339253,046

69l*,278

615,625

533,320

571*566 138,999

.15
3,51*7
21*0,117
i*, 21*2
7,605

6'
5
10,110
7,337
163,760 139,636
2,966
1,667
5,350
•3;765

605
1*91*

575
519

—
209

1*

177,510
30,321*
.153,026
203,666

312,896 ]l, 005,697
17
9*763
279,1*67
2,879
8,082

5
5*918
91,752
2,031
2,11*5

2
3,100
47,358
1,290
2,090

256,1*19 255,191 . 693,503
11
4 ’
1*
6,51*7
9*1*09
5,59l*
95,552 71*, 71*6 250,886
2,61*1
2,755
99l*
6,052
3,052
5,150

31,057,533 1096, 1*10 3 , Q2ki3j9 1993,501* 2 , 321,137 1007,071 H*9k ,•027
732,716 1272,592 998, 31*0 43 , 1*85 , 61*8
• 5, 303,020 1229,309
•
\/ After deducting $81,000 participations of other Federal Reserve Banks.