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F-orm F . R .

283
STATEMENT FOR THE PRESS

R e le a s e d f o r p u b l ic a t io n
F r i d a y m o r n in g , S e p t . 2 9 ;
not e a r lie r ,

B o a rd o f G o v e rn o rs
o f t h e F e d e r a l R e s e r v e S y s te m
S e p te m b e r 28, 19Wt

CONDITION OF THE FEDERAL RESERVE BANKS
During the week ended September 27 member bank reserve balances decreased
$90,000,000, Reductions in member bank reserves arose from an increase o f
$100,000,000 in money in circu la tion and decreases o f $294, 000,000 in Reserve Bank
cred it and $60, 000,000 in gold stock, o ffs e t in part by decreases o f $17, 000,000
in Treasury cash, $216,000,000 in Treasury deposits with Federal Reserve Banks, and
$130,000,000 in nonmember deposits and other Federal Reserve accounts. Excess
reserves o f member banks on September 27 were estimated to be approximately
$900, 000, 000.
There was a decrease o f $39,000,000 in holdings o f United States Government
secu rities* b i l l s decreased $103, 000, 000, notes $5, 000,000 and bonds $5, 000,000
while c e r t ific a te s increased $7u»000, 000.
Changes in member bank reserve balances and related items during the week
and the year ended September 27, I9uii, were as follow s:

Increase or_ decrease
since
Sept, 27,
I9bb

Sept

20,
I9hh

Sept, 29*
19U3

( In m illions o f d ollars)
ÏÏ. S. Gov»t, s e c u r itie s (in c l, guar, s e c .)
Loans, discounts aad -advances
' '
Other Reserve 3ank cred it

16,501
97
3kb

-

39
85
170

+ 7.333
+
72
6

Total Reserve Bank cred it
Gold stock
Treasury currency

16-.9U3
20,825
it, 111;

-

29Ù
60
——

+ 7,Uoo
- 1,350
+
18

Member bank reserve balances
Money in circu la tion
Treasury cash
Treasury deposits with F, R, Banks
Nonmembor deposits and oth er'F. R. accounts

13,355
23,658
2,373
bQ3
2,013

+ 100
17
- 216
- 130

+ 1,301
+ i|,8U0
99
199
+
2?




Form #F, R. 283c

STATEMENT OF CONDITION OF TIB FEDERAL RESERVE B-JJKS ON SEPTEMBER 27, I 9IU+
(In thousands o f d o lla r s )
Boston New York
P h ila.
Cleve.
R ich. A tlanta Chicago St.Louis
Minn. KansvCy.

Dallas San Fran.

4 , 480,254 1329,658 1772,906 131*5,751 1,158,751 3699,365 . 844,255 1*1*5,!*92

1+95,051 2492,053

L I i 3 I L I I I 3 S
T otal
Federal Reserve notes
20,086,981; 1236,757
Deposits t
«'lumber bank-reserve a cct. 13, 354,988 628,1; 50
U.S.Treasurer-general aoct. 483, 1+1 0 , 38,813
Foreign
‘
1 , 262, 346* 81;,736
Other
36k,616
4,710
Total deposits
15,465,360 756,709

1,366,729
98,790
lA 9 3 ,0 5 6
274,879

673,173 101+7,765 551, 2^6
53,53861, 61+5 32,115
111,267 107,639
1*8,377
6,193
5,620
4,600

548,506 2oio,384
30,571
53,786
38,702 149,968
4,36o
4,766

738,713

U75, 812 306,593
14,437 16, 823'
37, 1*92 26,607
9,898
1,795

621,665 571, 5361553,079
' 22,505
15, 51*6 ' l à , 841
9U»356
35,-073
35,073
42,268
-2,416
3 ,m

622,139 2218,904 537,639 351,818 681,659 625,266 1734,51*1*
5.233,1451* 844,171 1222,669 636,388
Deferred a v a ila b ilit y .items i,3 9 lt,793 ' 112,268
83,370 141,384 113,048
264,190
60,687 27, 251+ 80,758
216,598
73,891*
1*9,071* 172,268
Other l i a b i l i t i e s including
accrued dividends
882
270
424
71*8
365
3,051
683
465
9,533
1,195
313
31*3
791;
TOTAL LIABILITIES
36,956,670 2158,^28 9,980,949 2257,882 3137,841 2093,632 1,855,208 6136,062 1442,892 824,834 l5 oi,47 3 1167,756 4399,613
Capital paid in
5,016
9,980
4,898
58,401
6 ,4 oi
3,1+70
12,132
5,758
13, 1+35
159,873
16,285
18,931+
5,165
Surplus (S ection 7)
70,012 -17,859
26, 1+90
16,026
6,330
3,669
5,236
13,206
4,831
188,097
4,551;
14,159
5,725
Surplus (S ection 13b)
2,129
7,092
4,421
3,290
530
1,000
26,965
1,007
lh9
1,429
1,137
1,307
2,871*
Other ca p ita l’ accounts
10,892
4,626
92,786
4,000
5,316
5,971
5.636
1+.477
13,307
6,315
1*,039
21,899 . 6,308
TOTAL LIABILITIES AMD»
capital accounts
37,1*24,391 2189,90410,138,353 2298,602 3182,051 2114,871+ 1,873,076 6196,222 1453,650 837,450 1516,953 1182,949 1+1+35,307
Corfjjnitxrients to make
------1,264
—
-in dustrial loans
—
742
—
—
1+8
50
2,167
4,51*6
275
i4*. R. notes outstanding
20/731*. 705 1327,959 1*.637.1*02 1364,723 1811,610 1376,037 1,216,638 3765.790
C olla teral for F. It. notes
held by F. R^: Agents:
Gold c e r t ific a te s
695,000 2500,000
11,762,000 706,000 2 , 350, 000'1 616,000 1015,000 830,000
E lig ib le paper
—
—
—
3,230
71, 1*60
1*7.265
2,195
6,275
U.S.Govt, se cu ritie s
525,000 1287,600
9.249,503 700,000 2 , 300,000 750,000 800,000 575,ooo

385,035 451,987 - 763,950

531,095 2602,479

375,000 215, 000. 420,000
—
12,420
75
536,903 250,000 350,000

266,000 1774,000
—
—
275,300 900,000

MATURITY DISTRIBUTION OF LCLtffS AHD SECURITIES
Total
Discounts and advances
Industrial loans
U. S. Govt, s e c u r itie s
( i n c l . guar. s e c .)




88,380

8,908

Within
15 days
73,190
7,576

16, 501,259 2, 053, 051*

9 1 days to
6 months

6 months
to 1 year

1 to 2
years

16 to
30 days

31 to
60 days

61 to
90 days

2,575
614

775
7

l l ,840
485

69

59

67

31

2, 352,880 3,1+39»¿98

3, 901,270

659,02,1

2,267„7Ji O

82,£00

888,602

'

l / A fte r deducting $769,193,000

2 to 5
years

p a r tic ip a tio n s o f other Federal Reserve Banks,

Over
5 years

856,791;

Form F. R. 233a
Released fo r publication Friday- mornings Sept. 29#I9UI1-; not earlier*.
STATHavUKT -OF CONDITION
OF THE TYiiSLVB FEDERa L RES'ErVE BANKS COMBINED
(In thousands o f d o lla r s )
Increase or decrease
since
Sept. 27,
'■l9hh

Sept. 2 9 ,
1943

jsept. 20 ,
1941+

S S h T S
Gold c e r t if ic a t e s on hand and
due from U. S. Treasury
Redemption fund - F. R„ notes
Other cash
Total reserves*
Discounts and advances
In d u stria l loans
U. S. Govt* s e c u r it ie s :
B ills
C e r t ific a t e s
Notes
Bonds
Total U. S. Govt, s e c u r itie s
( in c l. guar* s e c . )
Total loans and s e c u r itie s
Due from fore ig n banks
F. R. notes o f other banks
U ncollected i^exas
6 ank premises
Other assets
TOTAL ASSETS

18, 170,565
1+78,668 •
264,510
18,913,743
86,380
8,908

- 63,800 .
'+ ’ 2,f20
+
15
- 61,665
- 83,487
- 1,122

-1,711,149
+ 347,909
67 ,008
- 1 ,430, 21+8
+

75,385
3,057

10,61+7,972
3,51+2,1+90
1,067,371
1 , 21+3 ,1+26

- 102,911
+ 73,500
- 4,500
- 5,000

+5,047,711
+2,19.^,240
.+ 377,471
- 287,622

16,501,259'.

- 33,911

+7,332,800

16,598,51+7
136
31,395
1 , 738, 631+
3^,516
56,920

- 123,520
+ 5,1)42
- 418,350
31
+
561

+7,405,128
+
9
+
3,480
91,615
3,973
6,302

37,1+24,391

-597,563

+5,876,479

20,036,981+

+ 85,591

+4,843,532

13,354,988
483,410’1,262,346
364,616

- 89,635
-215,824
- 143,141
+ 11,693

+1 , 300,580
- 198,544
+
54,492
76,131

15,465,360
1,354,793

- 436,907.
- 247,888

+1,030,397
35,900

+

+

L I A B I L I T I E S
Federal Reserve notes
D eposits:
Member bank-reserve account
U.S. Treasurer-general accotmt
Foreign
Other
Total deposits
Deferred a v a i la b il i t y items
Other lia b ilit ie s * in clu din g
accrued dividends
TOTAL LIABILITIES
c a p i t a l

36,956,670

358

; -598,346

998

‘ +5,339,077

a c c o u n t s

Capital paid in
Surplus (S ection 7)
Surplus (S e ctio n 13b)
Other ca p ita l accounts
TOTAL LIABILITIES a ND CAPITa L ^ counts
Ratio o f t o t a l reserves to d ep osit
and F. Rf note ' l i a b i l i t i e s combined
Commitments to make in d u stria l lo&ns




9,533

159,373
188,097
26,965
92,786
37,41+ ,391
5 3 .2£
4,546

+

54

+

1,229

9,893
27,686
136
313

- 597,563

+5,876,479

+
+

-

t3% '
¿75

+
+
+

'15.5%
6,917

Form F« R.

283b

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS 01 .SEPTEMBER 2 ? , 19kk
(In thousands or d o lla r s )

A SO S0 EJ2jTJLSu
Total

Boston

New York

Gold c e r t i f i c a t e s on hand and
due from U. S . T rea su ry
18, 170,565
Redemption fund-F.R. n o te s
1+78«,668
Other cash
264,510

992,268
32,088
21,222

1+,319,177
117,061
62,173

18,913,743 101+5,573

1+,I+93,1+11

T otal reserves
D is c o u n ts and advances
I n d u s t r i a l lo a n s
U* S. G o vt, s e c u r i t i e s :
B ills '
C e rtific a te s
Notes
Bonds

88,380
8,908




91+1,536 1485,989 1090,158 954,142 3526,852
37,61+8
30,292
26,1+43 . 67,511
40,245
56,400
20,831
21,068
i l i , i'411- 23,955

675,594 357,160 736,768
28,284 12 ,181+
17,189
12,252
5,527
14,695

540,920 2550,201
56 »046
13,072
8,661+
25,529

999,865 151+7,302 ll3i+,59l+ 1004,545 5650,763

716,150 374,871

768,652

563,256 2629,776

R ic h .

3,230
3,762

9,600
338

2,195
158

559,1+31 3,953,581+
71+9,61+1.
268,2.39
80,821
225,872
9I+,152 . . 263,128

692,260
291,176
87,732
102,203

782,968
395,181
119,072
138,712

l+43,i6i
232,838
70,155
81,727

5 , 192,228 1173,371 11+35,933

16,598,51+7 1010 *1+1+6 5,239,582 1180,363 ll4Ì+5,871
10
12
12
■1/1+9
1,696
2,1+39
3,319
1ï+,673
365,157 108,277 175,016
126,553
3,492
1,629
8,963
4,129
11,518
3,992
6,1+02
4,154

10,61+7,972
3,51+2,1+90
1,067,371
1,21+3 ¿+26

Due from f o r e i g n banks
136
F. R. n o te s o f o th e r banks !
ol,895
U n c o ll e c t e d item s
1,738,631+
Bank prem ises
34,516
Other a s s e t s
56,920

t o t a l ASSETS

D a lla s SanFran.

C le v e .,

1+7,265
89

6,275
1 ,1+73

T o t a l TJ * S .G o v t. s e c u r i t i e s
( i n c l . guar, sec»)
16, 501,2 59 1002,693
T o ta l lo a n s and
s e c u ritie s

' Minn. Kans. Cy.

P h ila .

A tla n ta

3,150
25

Chicago S t .L o u is

3,900

12,420

75
25

225

20

45
5,013

410,914 1611,980
215,761 394,790
‘ 65,009 118,952
75,732 133, 5.72

367,316 21+5,386
170,801 105,527
51,463 31,735
59,952 36,969

337,256
184,592
55,620
64.-794

286,736
159,514
48,062
; 5,5,989

951,430
374,627
112,878
131,496

832,881

767,416 2264,294

649,532 419,917

642,262

550,301 1570,431

835,234
6
6,415
131,539
2,873
4*163

770',591 2263,194

661,952 419,937

61+2,362

;550,526 1573,439
11
4
17,4o6
3,597
•62,180 206,663
1,966
932
5,996
2,454 ,

4
7,99i
' 34,876
1,622
3,1(47

—-

17.
9,742
277,503
2,901
7,102

4
5,21+4
70,374
2,062
2,884

3
2 ,901
36,635
1,201
1,842

4
6 ,4?2
93 »811
2,686
2,966

37¿21+,391 2189,904 10, 138,353 2298,602 3182,051 211/4, 8714. 1873,076 6196,222 lb.58,650 837,1+50 1516,953 1;102,91+9 ^+35,307
l / A fte r deducting $87,000 p a r tic ip a t io n s o f-o t h e r Federal Reserve Banks.