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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.