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. 10; not e a r lie r , Board o f Governors o f the Federal Reserve System September 9 » 19^3» CONDITION OF THE FEDERAL ‘RESERVE BANKS During the week ended September 8 member bank reserve balances increased $1*36,000,000. Additions to member bank reserves arose from an increase of $202,000,000 in Reserve Bank credit and decreases of $207*000,000 ifc Treasury deposits with Federal Reserve Banks, $21*,000,000 in Treasury cash and $200",000,000 in nonmember deposits and other Federal Reserve accounts, offset in part by an in crease of $169,000,000 in money in circulation and decreases of $20,000,000 in gold stock and $8,000,000 in Treasury currency. Excess reserves of member banks on September 8 were estimated to bo approximately $1,1*1*0,000,000/ an increase of $290 , 000,000 for the week. There was an increase -of $11*9,000,000 in ment securities which included a special series the amount of $11,000,000 issued to the Federal $79*000,000, certificates $1*9,000,000 and bonds holdings of United States Govern certificate of indebtedness in Reserve Banks. B ills increased $21,000,000. Changes in member bank reserve balances and related items during the week and the year ended September 8 , I9I4.3* were as follows? Increase or decrease sinco Sept.- 8, 19^3 Ser»t. 1, 19U3 Sept. 9, ■ 19^2 ( In millions of dollars) B ills discounted U. S. Government direct obligations U. S .’ Government guaranteed obligations Industrial advances (not including 11 million commitments - September 8) Other Reserve Bank credit 71 9,303 33 12 321* Total-Reserve Bank credit Gold stock Treasury currency 9,71*2 22,223 14,090 ¡¿ember bank reserve balances Money in circulation Treasury cash • Treasury deposits with F. R. Banks ¡ionmember deposits and other F.R. accounts 13,351 18, 7l|0 2,255 6 1,703 +. 2 + 1U9 •*— + 51 + 58 +5,806 + 28 + 3 151 + 202 - 20 8 ♦6,039 - 522 + 71*7 + |*36 + 169 - 21* - 207 + 91*9 +5,351 + 50 - 208 + .122 - 200 Form F. R. 283c STATEMENT OF CONDITION OF THE FEDERAL < (In thousands of L I A B I L I T I E S Total Boston New York Phila. Gleve. Rich. F. R. notes in actual c ir. culation . 15,111,133 I 066, 1+85 3,326,1+1*3 101*8,071* 1,366,971 991,H7 Deposits j Lumber bank-reserve acct.13, 351 ,1*80 605,963 1*,576,020 690,270 1,065,103 562,071* U.S.Troasurer-goncral acct. 6,218 175 ; 682 598 559 I93 Foreign 1,160,037 27,017 1/537,019 98,802 95,682 1*1*, 721 Other 2 il+,308 6, 361* ~ I 06, 31*9 5,571 8,315 7,195 RESERVE BANKS ON.SEPTEMBER 8, I9U3 dollars) . . Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. 815,076 2,097,610 -633,002 .35l*,93751*6,617 361*,287 1,700,1*69 516,016 2,033,300 1*1*2,025 236,702 597,959 515,531 1,330,001+ 581 925 162 363 1*79 521 980 36,1*01 126,883 31,201 22,880 29,121 31,201 79,10? 2,657 3,647 10, 1*17 7,993 3,122 2 ,o 22 50,651 555,655 2,165,255 1*83,805-317,91*3 630,681 51*9,275 1,510,71*1* 5 8 ,^ 1 162,615 58, 31*1 23,1*1*6 66,639 53,633 115,917 Total deposits ll*,732,0l*3 719,519 5,220,070 795,21*9 1 , 169, 66** 6ll*,183 Deferred a v a ila b ilit y items 1 ^00,595 87, 21*5 195,930 6i*,9l*5 lli* , 26o 91+.223 Other lia b ilitie s including • accrued dividends 6,809 61*0 2,365 921*_______ 1*73 287 223_______ 6!*8 231 183 265 150 • 1*20 TOTAL LIABILITIES 30,950,585 1873,889.8,71*1**808 1909,192 2,651,368 1699,810 1,1*29,355 5£26,123 1175,379 701,559 121*1*,202 967,31*5*3,327,550 Capital paid in 11,706 l*,6l*l it, 81*2 1*,537 12,198 15 , 1*1*6 6,038 5,369 16,580 55,083 11*9,171 9 , 51*1* 3,187 Surplus (Section 7) 3,221 160, 1*11 11,160 58,001 15,670 1*,966 5,236 5,725 22,925 3,613 1*,083 1 1 , 01*1* 11*, 767 Surplus ( Section 13b) 26,829 7,070 1,000 2,871* 3,21*1* 530 1,137 1,307 2,121 1,007 717 1 , 1*^ 1*,393 Other capital accounts 8,682 1*,102 1*,129 3,1+68 6,720 92*093 l*,0lt0 13,909 26,383 3,807 6,675 5,699 1*,1*79 TuTaL LIABILITIES AND CAPITAL ACCOUNTS 31,379,089 1903,166 8,991,31*5 191*7,636 2, 691,270 1713,807 1U*5,206 5,280,971 1189,618 712,771* 1257,923 980,71*0 3,359,633 Commitments to make industrial advances — 11 , 1*60 3,000 3,219 373 707 •1,598 35 925 9 1,589 F.R.notes outstanding 15,597,639 1112,093 3,1*26,985 1072, 591* 1 , 1*02>32I* 1017,326 857,531* 2,91*2,711* 666,205 360,693 553,653 397,256 1,783,262 Collateral for F*R. notes held by F.R.Agents* Gold certificates 13,807,000 990,000 2, 1*15,000 875 ,ooo 1 , 1*05,000 907,000 770,000 2 , 960,000 375,000 3l*8,ooo 560,000 1+03,000 1 , 799,000 Eligible paper 51 . 1*22 600 • 5,300 6,750 1,950 66,087 65 tf. S. Gov’ t seop*lties 1,873,337 120,000 1 , 000,000 200,000 5,000 — 125,000 100,000 308,337 20,000 MATURITY DISTRIBUTION OF BILLS AND SECURITIES 1 to 2 6 months 91 days to 31 to 2 to 5 Over 61 to Within 16 to years 5 .years years 6 months to 1 year 90 days Total 15 days 60 days 30 days 1 . Bills discounted 62,2+16 1,026 70,61+9 6,61+5 562 121 Industrial advances ' 220 11,626 66 . 1*76 50 10,365 31* 291* U.S. Government securities. direct and guaranteed 9 , 336,225 1,222,11*8 726,150 239,600 71', 000 698,671 913,177 1,161,302 2 , 1+31,027 1,873,150 •• — ‘ — - - mm■ » . - - * — l / A f t e r deducting $620,81*6*000 participations of other Federal Reserve Banks. — — Form F. R. 283» Released fo r publication Friday morning, September 10,191*3« n°t e a r lie r, STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands o f d o lla rs) Increase or decrease since Sept. 8, I9h3 Sept. 9, 191*2 Sept, 1, 191*3 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 * 19,952,715 ulw 71*3 307,312 20 ,37k»770 + - 11*,999 11,396 9,617 13,220 - 608,1*12 + 101,502 + 92,238 - 1*11*, 672 B ills discounted! Secured by U.S. Gov't obligation s, d ire ct and guaranteed Other b i l l s discounted 70,599 * 50 + + 1,81*5 50 + - 60,361* .3,066 Total b i l l s discounted 70,6*19' + 1 ,3 9 5 ’ + 57,298 Industrial advances U. S. Government securities, d ire ct and guaranteed» Bends Notes C ertifica tes Bills Total U, tf. Government securities, d ire ct and juaranteed 11,626 37 - 2,90.6 l » 529»0li8 723, 1*00 1 , 231,550 5, 852,227 + 21,1+00 - + 1*9,000 + 78,995 11*3,505 6,705 807,570 +5, 176,650 9,336,225 +11*9,395 +5, 83U, 010 9 , 1*18,500 127 55.129 l,l*21+,ll+7 38,51*1* 67,872 +151,253 «... - 7,531 - 16,1*32 1.557* +5,338,1*02 + - 80 + 22, 321+ + 321*, 552 1,768 + 10,916 31,379,089 +115,577* +5,829,831* 15,111,138 +151,036* +1+, 78^, 61*0 13, 351,U80 +U36,530 - 206,588 - 29,51+8 -169,731 + 30,663 - 67,151 ♦ + + ♦ 6,809 30,950,585 + 730 +115,278* 172 +5,731,731* 11*9.171 160,1*11 26,829 92,093 31,379,089 + Total b i l l s and secu rities Due from foreign banks F. R. notes o f other banks Uncollected items Bank premises Other assets TOTAL ASSETS — + LI ABI LI TI ES F. R. notes in actual circu la tion Deposits: Mernber bank-reserve account U.S.Treasurer-general account Foreign Other Total deposits Deferred a v a ila b ility items Other l i a b i l i t i e s including accrued dividends TOTAL LIABILITIES CAPI TAL ACCOUNTS Capital paid in Surplus (S ection 7) Surplus (S ection ljb ) Other cap ita l accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS Ratio of 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 in dustrial advances 6,218 1,160,037 2llt,308 14,732,010 1,100,595 ' 68.3# 11,1*60 89 -- + 210 +115,577* •h?<> 177 91*9.107 207,551 211,211+ 127,365 825, 1+05 173,911 + + + 3,91*1. 2,909 1*8 1*1,152 +5,829,831* - 17 2,619 Form F. R. 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON SEPTEMBER 8 , 1943 ( I n thousands o f d o lla r s ) ASSETS Total Boston New York Phila. Clóve. Chicago St*Louis 1 ¿¿inn. Kans.Cy. !Dallas Son. Fran. Rich. Atlanta Gold certificates on hand and due from U.S.Treasury 19, 952,715 1254,375 4,250,036 1234,648 1,909,267 1212,591 1010,063 3,933,131 710,415 458,501 395,671 643,186 2, 430,331 3,232 1,122 20,283 7,082. Redemption fund - F.R.notes -114,743 1 , 1*1*0 536 742 ' 715. 53,404 7,565 6,057 11,330 Other cash 307,312 2!*,?72 7,930 13, 06;. 39,673 78,261 21,560 11,800 14,954. 9,045 34,333 23,547 27,1*50 Total reserves 20.37li.770 12QQ.71«5 li. TOI.731 1270.7^0 1.Q32.2Ó7 1244.003 1O0Q.Q8Ó 3,973,345 742,511 467,603 911,340 657,973 2, 468,496 Bills discounted* Secured by U.S. Gov» t obligations, . -230 5,300 51, 1*22 210 61*5 3,300 direct and guaranteed 70,599 600 1,950 127 65 6,750 —— —• — -50 -— — Other b ills discounted 50 Total b ills discounted 70.64Q 6,750 l , 46o 51, 1*22 Industrial advances IX 626 159 U. S. Government securities, direct and guaranteed* Bonds 1 , 529, 01*3 122,922 276,331 iiotes 723, 1*00 130,970 53,155 C e rtifica te s 1,231,550 99,006 222,971 Si Us 5, 052^227 169,033 3,523,226 ' • Total U.S., Gov't securities', d ire c t arid guaranteed Q 1*1*9*116 1*, 150,993. Total b i l l s and se cu rities Luy from foreign banks F.R.notes o f other banks oneollooted items * o.jik premises <-/fcher assets t o t a l assets l*,63l 695 727 1,950 329 126,368 59,705 101,703 291, 601* 177,371 84,152 143,264 190,763 99,055 46,063 ‘ 79,784 •123,734 579»51*0 596,050 349,1*06 600 9,418,500 ■ 1*57,326 4,210,579 501*, 771 -|py 1 / 1*6 3 13 55,129 "3,1*33 1,501* 2,1*1*9 l;U2l**,ll*7 11*7,178 79,678 267,710 38,51*1* 4,660 9,676 -2,â&4 $7 ^<^2 4,756 13,115 5,315 3,300 225 210 4 30 10 230 4,000 75,350 •35,643 60,691 .30,272 76,365 36, 129 61,506 so ; 593 173,619 8 2 ,140 139,039 •332,634 251,961 254,593 723,232 370,802 203,200 25l,99i-254,743 2 4 3 4 1,623 ; 5,734 •2,372 4,201 82,737 60,023 67,505 36,802 1,290 2,080 2,755 • 994 2,516 2,249 • .3,362 3,526 732,462 11 8,842 139,675 2,641 7,506 5,300 — 65 43 51,136 51,726 209,308 99, 025- 24,193 24,472 163,502 ' 41,187 •41,661 . 600,527 • 243,936 05,233' , 322,208 1,077,442 365,502 203,092 30,497 41,360 71.2 76 120,567 ‘ 597,472 $$1,765 : 325,733 1,077,656 . 6 17 13 - 5 2 ,152 6,534 5,592 5,183 206,219 73.952 146,79I* 110,269 ' 2,966 1,668 4,251 2,879 9,321 , 4,206 .8,321 3,679 127 -- 31,379,039 1903,166 3, 391, 31*5 1947,636 2, 691,270 1710,307 1144.5,206 5, 230,971 1109,613 7.1 2,774 1257,923 9-30,71*0 3,359,633 l / A fte r deducting $01,000 p a r tic ip a tio n s o f other Federal Reserve :Banks.