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. 233

STATEKEKT FOR THE PRESS
Released for publication
Friday morning, Sept. 26;
not earlier.

Board of Governors
of the Federal Reserve System
September 25, I9I4I

COEDITION OF THE FEDERAL RESERVE. BANKS
L'urin.? the week ended September 2l+ member bank reserve balances decreased
.■55,000,000. Reductions in member bank reserves arose from increases of 31+5,000,000
in Treasury deposits with Federal Reserve Banks, O2J4.jOOO.OOO in money in circula­
tion, and >2J,000,000 in nonmember deposits and other Federal Reserve acconrts, and
a decrease of ;37»OüO,üOO in Reserve Bank credit, offset in part by increases of
;S,000,000 in gold stock and “
,6,000,000 in Treasury currency, and a decrease of
¿53,000,000 in Treasury cash. Excess reserves of member banks on September 2l+ were
estimated to be approximately '>5 ,200,000,000, a decrease of ‘
,50,000,000 for the
week.
Changes in member bank reserve balances and related items during thr* week
and the year ended September 2)+, 191+1, were as follows:

Increase or decrease
since
Sept. 2l+,
I9J+I

Sept. 17,
19J+1__

Sept. 25,
lyl+0

(In millions of dollars)
+ 1

+

-...

-

CO
NT\
1

+

- 37
+ 6
+ O/

1>3
+1 ,503
+ 153

Bills discounted
12
U. S. Government direct obligations
2,179
U. S. Government guaranteed obligations
5
Industrial .advances (not including 13 million
commitments - Septejnber 2i+)
j
Other Reserve Bank credit
7k
Total Reserve Bank cr -dit
Gold stock
Treasury currency

2,279
22,71x9
?,19l4

¿'.ember bank reserve balances
fcloney in circulation
Treasury cash
Treasury deposits with F. R. Banks
Nonmember deposits and other F. R. accounts

13,273
10,070
2,350
379
2,11+9

+
+
+

1+30
♦l,930
+ 52
- J+11+
+ 351+




55
2i+
50
i+5
20

7
21+8
2
1+9

Fora F. R. 283-a
Released for publication Friday morning, September 26, 19Ul; not earlier*
STATEMENT OF CONDITION
OF TEE TY/ELVE FEDERAL RESERVE BANKS COrSINED
(In thousands of dollars)
Increase or decrease
since
Sept. 2l+,
Sept. 17,
Sept. 25,
l?l4.1
I9I4.I
I9I+O
ASSETS
Gold certificates on hand and
20,362,029
due from U. S.Treasury
+1 ,518,729
61+,997
3,953
Redemption fund - F. R. notes
61+3
15,71+3
+
- 73,072
269,1+62
Other cash
2,397
Total reserves
+ 66,751
+l,l+ljl+,6l0
20,61+7 ,231+
Bills discounted:
Secured by U. S. Gov’
t obligations,
+
+
1,060
310
1,920
direct and guaranteed
+
Other bills discounted
+
5,875
9,597
323
Total bills discounted
633
+
6,935
11,517
68
Industrial advances
+
300
8,96)4
U. S. Government securities,
direct and Guaranteed:
+ 1+5,200
1 ,363,800
£ onds
—
820,300
- 291+,700
Notes
Total U. S. Government securities,
—
- 21+9,500
direct and pu;'.ranteed
2,16i+,100
Total bills and securities
Due from foreign banks
F. R. notes of other banks
Uncollected items
Bank premises
Other assets

+

2 ,20l+,581
1+7
39,U22
956,918
1+0,701
1+3,221

701

- 21+2,265

«...
- 2,1+78
- 339,681
+
119
052

+ 16,51+7
+ 26l,9i+8
513
10,326

23,932,201+

- 273,736

+1 ,1+70,001

F. R. notes in actual circulotion
7,161+, 250
Deposits:
13,273,001+
^eriber bank - reserve account
370,956
TJ. S. Treasurer - Generul account
roreign
1,111,359
Other deposits
7l+l+,98l+
Total deposits
15,5 JO,323
Deferred availability items
8:32,796
Other liabilities including
accrued dividends
3,950
TOTAL LIABILITIES
23,559,379
C A P I T A L A C C O U N T S
Capital paid in
li+1,013
Surplus (Section 7)
157,063
Surplus (Section 13b)
26,785
Other capital accounts
1+7,962
TOTAL LIABILITIES AND CAPITAL ACCOUNTS
23,932,201+
Ratio of total reserves to deposit and
F. R. note liabilities combined
91.1
Commitments to make industrial advances
12,586

+ 16,791+

+ 1 ,757,265

TOTAL

ASSETS

L I A B I L I T I E S




+
+
+
-

5l+,81+2
1+5,191+
15,091
35,752
11,013
302,051+

+
1+77
- 273,770

—

32

+

fo

66
- 273,736

1,099

+
+
+

J+30,028
1+13,576
100,035
231,339
512,230
212,639

+
297
+1 ,1+57,971
+
+

3,383
5,31+5
51+
+
3,356
+1,1+70,001
*
+

1
l+,508

Form F. R. 283-b
STATEMENT OF CONDITION OF THE FEDERAL BESERVE BANKS ON SEPTEMBER 2h, 19^1
(In thousands of dollars)
a

S S E I S
Total

Boston

Gold certificates on hand and
due from U. S. Treasury
20,362,029 1,186,757
Rei^mption fund - F.R.notes
15,71+3
¿+,853
Other cash
269,1+62
27,588
Total reserves

Now York

Phila.

Cleva.

Rich* jstianta

Chicago St.Louis

liinn. Kans.Cy. Dallas

San Fron .

8,1+82,1+08 1,288,11+2 1,567,631+ 71+3,755 '+99,933 3,¿+59,700 51+9,1.ah 331+,198 1+83,1+62 329,788 1 ,1+36,333
1,663
141+2
I+70
725
968
5I+8
1,653
871
1 ,1+77
1,175
893
10
,
2
l
|.0
12,360
22,338 12,989 13,665
27,721
61+,I+16
16,1+07
39,751+ 11,575 5,359

20,6^7,231+ 1,219,198 8,51+8,1+82 1,305,517 1,590,893 753,221 519,01+0 3 ,500,629 561,852 31+0,105 1+96,292 31+0,753 1 ,1+66,222

Bills discounted:
Secured by U. S. Govft obligations.
direct and guaranteed
1,920
Other bills discounted
9,597

——

1,1+15
8,1481

155
19

100
56

Total bills discounted

--

17i+
3,609

156
2I+7

i+6

20
36

1+6
803

56
160

—

-

21+
21+
332

—

33
109

60
29

10
165

127
617

li+2

89
1+66

175
96

71+1+
298

15
11+3

15

Industrial advances
U. S. Government securities,
direct and guaranteed:
Bonds
1 ,363,800
Notes
820,300

1,667

9,896
1,083

99,286
59,719

38l+,113
231,036

107,501
61+,5J+1

11+1,895 7!+,720 57,1+61+
85,31+8 1+1+,9I+3 3i+,577

166,99$ . 6>*086 3B.1+77 66,290 53,% h
loo,i|i+6 39,630 23,11+1+ 39,861+ 32,235

107,765
61+,817

Total U. S. Gov*t securiti 3S,
direct and guaranteed
2 ,181+,100

159,005

6l5,ll+9

171 ,81+2

227,2U 3 119,663 92,061

267,14+5105,516 61,621 106,11+1+ 85,829

172,582

160,672
3
1,202
92,096
2,796
2,916

626,128
18
2,959
210,631+
10,1+01
11 ,691+

175,685
5
1,1+17
62,182
1+,856
3,600

227,6Lj6 120,512 92,277
2
2
1+
1,911+ lJ+,235 3,319
116,901 33,959 38,567
l+J+76 2,781+ 1,962
1,811
l+,85l+ 2,598

267,801 105,658 62,170 106,1+15 86,371
*
1
1
0
1
3,611
2,i+o6
1,825
625
2,531+
137,037 1+7,1+11+ 26,1+21 1+6,635 36,861
1,166
2,997 2,291+ 1,31+8 2,916
1,710
2,035
J+,963 1,973 1,251

172/ 7U0
1+
3,375
58,111
2,785
3,816

Total bills and securities
Due from foreign bsinks
F. R. notes of other banks
Uncollected items
Bank premises
Other assets
T 0 T lA L

A S S E T S




11,517
8,96!+

2,20l+,581
1+7
39,1+22
956,918
1+0,781
1+3,221

23,932,201+ 1,1+73,883

—

9,1+10,3°6 1,553,202 1,91+6,688 982,311 656,978 3,916,017 721,623 1+33,126 657,905 1+67,987 1,707,053
*Less than ‘
¿500.

Form F. Et.

28J-C

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON SEPT3I.ÎBER 2l+, 191+1
(in thousands of dollars)

L I A B I L I T I E S

Total
F. R. notes in actual cir­
culation
7 ,161;,250
Deposits:
Lcmber hank-reserve acct. 13,273,081+
U.S.Treasurer-General acct.
378,956
Foreign
1,111,359
Other deposits
714+,981+
Total deposits
15,508,383
Deferred availability items
882,796
Other liabilities including
accrued dividends
3,950

Boston

N^w York

Phila.

Clevo.

Rich. Atlanta Chicago SIt.Louis llinn. Kans.Cy. Dallas

San Fran.

595,11+2 1,859,71+3

500,991+

682,867 363,393 236,679 1,518,673 27l+,l+51 182,501 237,719 lll+,3i+9

597,231+

683,052 6,093,591
30,756
82,255
1+31+.1+02
52,1+71
62l+,012
7,313

80l+,086
32,262
105,712
lJ+,265

969,579 1+55,318 298,311+ 2,02i+,61+0 319,161+ 167,511+ 299,065 251+,661+
J+2,060 28, Oi+8 21,327 27,821 20,762
2l+,07l+ 18,1+73 23,891+
100,263 46,862 38,11+1+ 130,778 32,691+ 23,976 31,605 31,605
702
28,623 7.1401 9,1+22
5,91+2
5,073 8,602 6,315

898,597
27 ,22k
82,31+7
27,3lU

773,592
8l+,138

7,239,200
181,549

I4ÛI

1,066

956,325 1,122,539 520,051+ 370,271+ 2,202,551 333,508 219,132 361+,l+33 307,733 1, 035,982
6l,lll+ 106,359 7l+,l+5i 36,238
11+6,657 1+6,61+9 21,666 14+,279 33,763
1+5,933
350

397

370

128

1+31

ll+O

130

155

158

222

TOTAL LIABILITIES
23,559,379 1,1+53,273 9,281,625 1,518,783 1 ,912,162 966,268 61+3,319 3 ,868,312 709,71+8 1+23,1+29 61+6,586 1+56,503 1,679,371
C A P I T A L A C C O U NTS
Capital paid in
11+1,013
11,860 • ll+,599 5,51+0 l+,8l+7
11,761+
15,091 1+,368 3 ,ool+ 1+,550 ¿+,296
9,361
51,725
Surplus (Scotion 7)
22,821+
10,906
3,152
3,613
157,065
5,21+7
5,725
10,785
56,14+7
3,971+
l+,925
15,114+
li+,323
Surplus (Section 13b)
1,263
2,121
1,000
1,138
7,070
1,1+29
1,007
26,785
2,871+
3,214+
713
U, 393
533
Other capital accounts
3,012
8,361
3,082
2,001+
2,371+
2
,
51+1
2,018
1+7,962
2,051+
2,1469
1,951
l+,597
13,1+99
TOTAL LIABILITIES AND
CAPITAL ACCOUNTS
23,932,20i+ 1,1+78,883 9,1^ 0,366 1 ,553,262 1 ,91+6,688 982,311 656,978 3,916,017 721,628 1+33,126 657, ?05 1+67,937 1,707,053
Commitments to make industrial
advances
20
1,501
2,122
71+2 i,a'+l+
12,536
810
516
635i 660
1,190
3,315
23
MATURITY DISTRIBUT:ON OF BILLS AND SECURITISS
Tiithin
15 days
8,1+01
11,517
2,521+
8,961+
Total

Bills ¿iscounted
Industrial advances
U. S. Government securities,
direct and guaranteed



2,181+, 100

—

l6 to
30 days
1 ,31+2
361+

31 to
60 days
1,363
176

61 tc
90 days
287
1+71

—

-

l+3,ooo

91 days to 6 months
6 months
to 1 Year
6
118
825
1:,532
8l+,800

66,200

1 Year
to 2 Years
—

1,603
208,200

2 Years to
S Years
—
1,1+69

51+8,500

Over
5 Years
—
--

1,233,600

Form F. R. 283-d

FÖDERAL RESERVE KOIJ STa TE sX ^ ON SEPTEMBER 2l+, 19^1
(In thousands of dollars)
Total
Federal Reserve notos:
issued to F.R.Bank by F.R.Agent
Held by Föderal Rssurve Bank

In actual circulation

Boston

New York

Phila.

Cleve*

Rieh. .Vtlanta

Chicago St.Louis

Kinn. Kans.Cy. Dallas San Fran*

7,553,617 633,61+2 i,95l+,192 522,121 712,750 307,703 26l,li+l 1,553,895 293,1+55 107,860 21+7,908 127,605 671,329
309,367 30,500
9i+,W4 21,127 29,391 2l+,310 2l+,l+62
35,222 19,00l+
5 ,36? 10,109 12,756 7U.095
7,loU,250 595,li£ 1,859.7^40 500,99k 602,867 363,393 236,679 1,510,673 271+,.'451 182,501 237,719 llU.81+9 597,2314

Collateral held by a cent as se­
curity for notes issued to bank:
Gold certificates on hand and
due fror. U. S. Treasury
Eligible paper
Total collateral




7,690,000 655,000 1,960,000 51+0,000 715,000 1*00,000 270,000 1,580,000 309,000 189,000 250,000 133,000 689,000
10,291
—
9,811
155
—
53
—
—
33
85
169

7,700,291 655.000 1,969,811 5U0,155 715,000 1+00,038 270,000 1,580,000 309,033 189,085 250,169 133,300 689,000