H.4.1 Factors Affecting Reserve Balances of Depository Institutions

STATEMENT FOR !Ei PRESS Released for publication «f " " s - s a —" " s - , r ; E« s CONDITION OF FEDERAL RESERVE BANKS S I 8 M MP a n ft Increase or decrease since July 30 July 23 July 31 I93O 1930 1929 (in millions of dollars) Bills discounted Bills bou$it 197 + 6 - 879 131 -20 + 56 United States securities 576 + 429 Other reserve bank credit 23 -~6 - 26 TOTAL RESERVE BANK CREDIT 927 -19 - 420 Monetary gold stock Treasury currency adjusted 4,516 - 7 + 175 1,7*5 - 8 - 3 Money in circulation <397 -10 - 320 Member bank reserve balances 2,415 -17 + 60 Unexpended capital funds,nonmember deposits, etc. 416 - 7 + 13 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Released for publication Friday morning, August 1,1930; not earlier. St. 6665a RESOURCES MD LIABILITIES OP THE TWELVE ZECHEAL RESERVE EA2-JKS COMBINED (In thousands of dollars) .vT^l.y 30,1930 July 23.iq% July 31.iq2q R E S O U R C ES C-old with Federal resei-ve agents . . . * 1,553,# 1,558,21% 1,479*499 Gold redenption fund with U.S4 Treasury 36,314 36,814 73,580 Gold held exclusively against FLR.notes 1.590,028 1,595,028 1,553 079 Gold settlement fund with F. R. Board * 559,700 60IJ67 666,'970 Gold and gold certificates held by banks 825,254 827 %32 7b%!oi4 4 Total fiold reserves . . . . i 3,004,982 3,024,227 2,924,063 Reserves other than gold . . . . . . .. .173.206 l6q.S34 185.356 •Total reserves . . . * 3,178,188 3,19%,06l 3,109,419 !I on-reserve Cabh 68,210 67,835 66,66l Bills discounted: Secured by U.S.Government obligations 66,676 59.629 592 781 Other bills discounted 130^25 130.9% S i [ qg Total bills discounted . . . .. 197,101 190,570 1,075,714 3ills bought in open market 130,762 150,523 7*+,567 U. S. Government securities: ' _ i$ 1 :1 !§ Total U.S. Government securities . 576,368 576,139 147 283 Other securities 7,323 7 J23 10^50 Total bills and securities , . 911,554 924,555 1,308,01% Due from foreign banks 706 70R 726 j| J| 11 TOItt SESOUBCES . . . .. lt.761.6a' 4.835,649 5,232,672 L I A B I L I T I ES F. R. notes in actual circulation . . .. 1,335,1%1 1,356,180 1,779,388 Deposits: J t| Total deposits . . . . .. 2,468,871 2,484,612 2,397,563 %% m o e u a M H t i e a . : : : : : : :: •»;»« th r TOTAL LIABILITIES 4,761.6a 4,835.649 5,232,672 Ratio of total reserves to deposit and F. R. note liabilities combined . . . 83,5%, 83.2$ 7%. 4# contingent liability on bills purchased for foreign correspondents 478,027 481,315 453,477 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS ON JULY 30, 1930 St. 6665b R E S O U R C ES (In thousands of dollars) Total Boston New York Phi la. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. s s: S J T JK g g — ' ^ : S ii • " •g ?»:?.* 1 : 88 IS IS % " SS I ff * 18 'S * 'g * i : Si R?1notes1US1VelV aaainst 1,590,028 165,900 273,397 142,448 197,580 66,339 106,969 200,478 66,816 47,236 76,564 25,285 221,016 s a' , ?£ = r s r - n s / s . v - . r' sa sa &s i aa s - is ?:% i :% s :S Total sold reserves 3,004,982 221,381 1,002,752 216,669 325,065 85,502 118,636 432,082 100,797 62,738 115,536 45,976 277,8% Reserves other than gold 173,2p6 12,789 4g,659 9,154 8,889 8,792 16,476 23,415 13,501 M44 6,036 7,635 11,916 Total reserves 3,178,188 234,170 l,052,4n 225,823 333,954 94,294 135.112 455,497 114,298 67,682 121,572 53,611 289,764 Ton-reserve clsh 68,210 6,ll4 i4,4l3 3.525 4,667 4,770 5,188 10,568 4,798 2,4l6 2,132 4,066 5,553 Secured "by U.S. Govt, obligations 66,676 4,367 16,630 11,077 10,976 3,343 880 8,0l4 ^2,924 ^ 510 ^»236 c'nhn Other "bills discounted Total "bills discounted 197,101 10,000 33,430 20,590 19,036 19,419 28,343 l6,74o 13,135 4,335 9,441 12,815 9,817 Bills "bought in open market 130,762 17,865 28,615 715 13,251 6.340 7,864 20,033 5,805 6,265 5,573 4,507 13,929 U. S. Government securities: Bonds , 49,714 1,296 9,798 1,052 765 1,313 165 20,681 654 4,858 357 8,313 462 Treasury notes 276,897 17,246 106,805 21,731 28,443 6,457 6,769 23,731 l4,6l4 10,034 12,256 9,584 19,227 Certificates and "bills 249,757 25,718 63.873 27,419 26,134 7,824 4,499 33.190 7,375 10,323 16,123 10,273 17.006 Total U.S. Govt, securities 576,36s 44,260 180,476 50,202 55,342 15,59% 11,433 77,602 22,643 25,215 28,736 28,170 36,695 Other securities 7,323 1,000 5,250 1,000 73 Total bills and securities 911,554 73,125 247,771 72,507 87,629 41,353 47,64o 114,375 4l,583 35,888 43,750 45,4^2 6o,44i Due from foreign banks 706 5 2 232 69 71 30 25 95 <5 l6 21 21 Jj9 Uncollected items 510,430 55,859 135,378 44,295 55,057 36,887 12,972 64,755 20,545 9,320 31,081 19,44o 24,841 F. R. notes of other banks 18,912 224 4,918 332 l,4o§ 1,738 1,031 2,014 865 1»171 1*515 j+76 3,219 Bank premises 59,584 3,580 15,664 2,6l4 7,059 3,214 2,65s 8,295 3,811 2,018 3,972 1,876 4,823 All other resources 14,037 78 6,378 212 1,071 550 3.l4S 620 475 5^: ???—.—-!5!i TOTAL RESOURCES 4,761,621 373,202 1,477,165 349,377 490,917 182,836 207,774 656,ZLS 186,^00 119,012 204,265 125,436 389,018 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

RESOURCES AND LIABILITIES OF THE FEDERAL RESERVE BANKS ONJU LY 30, 1930 L I A B I L I T I ES (In thousands of dollars) St. 6665c Total Boston New York Fbila. Cleve. Rich. Atlanta Chicago St. Louis Minn, Kans.Cy. Dallas San Fran. F.R.notes in actual circulation 1,335,141 138,601 156,218 125,886 185,549 61,880 114,715 180,507 69,109 50,447 68,432 30,455 153,342 Deposits; Member "bank - reserve account 2,415,285 142,677 1,028,989 137,442 200,839 62,971 58,699 346,684 47,095 90,969 57,345 166,230 Government 26,146 2,197 3,255 1,903 1,596 3,202 2,361 2,892 mS 1,087 1,201 1,805 2,903 Foreign "bank 6,434 2,342 % 610 256 220 220 i4o 183 421 Other deposits 21,006 "S 3,717 1,791 76 789 576 317 159 19 8,393 Total deposits 2,468,871 145,367 1,043,303 139,979 204,836 66,505 62,069 350,969 77,626 48,481 92,437 59,352 177,947 Deferred availability items 495,807 55,515 126,982 39,400 54,297 35,351 12,643 62,359 22.137 9,025 21,635 26,738 Capital paid in 169,716 11,862 65,576 16,663 15,877 5,828 5,365 20,198 5,276 3,064 4,348 11,343 Surplus 276,936 21,751 80,001 29,141 12,496 10,857 40,094 10,877 7,143 9,162 8,935 19,514 ill other liabilities 15,150 106 5,085 1,217 776 2,125 2,092 1,375 852 121 711 134 •TOm LIABILITIES 4,761,621 373,202 1,477,165 349,377 490,917 182,836 207,774 656,219 186,400 119,012 204,265 125,436 389,018 Reserve ratio (per cent) 83.5 82.5 87.7 84.9 85.5 73.4 76.4 85.7 77.9 68.4 75.6 59.7 87.5 Contingent liability on "bills pur- Chased for foreign correspondents 478,027 35,547 155.699 46,596 48,037 20,176 17,293 64,369 17,293 ii,o49 i4,4ii i4,4u 33,146 FEDERAL RESERVE NOTE STATEMENT Federal reserve notes; Issued to F.R.bank by F.B. agent 1,704,744 173,725 246,021 147,085 218,719 82,184 l4o,74l 208,831 82,344 55,263 79,270 38,931 231,630 Held "by Federal reserve bank 369,603 35,124 89,803 21,199 33,170 20,3q4 26,026 28,324 13,235 4,816 10,838 8,476 78,288 In actual circulation 1,335,141 138,601 156,218 125,886 185,549 61,880 114,715 180,507 69,109 50,447 68,432 30,455 153,342 Collateral held by agent as security for notes issued to bank; Gold and gold certificates 402,908 35,300 229,968 39,900 15,550 5,000 7,100 - 8,945 11,845 - 14,300 35,000 Gold fund - F, E, Board 1,150,306 129,617 28,626 100,100 180,000 60,000 97,600 199,000 56,100 34,500 75,000 10,000 179,763 Eligible paper 310,785 27,787 48,770 18,976 31,967 25,329 36,l3fO 36,6o4 18,864 10,556 14,950 17,250 25,602 Total collateral 1,863,999 192,704 307,364 158,976 227,517 90,329 140,830 235,6o4 83,909 56,901 89,950 41,550 238,365 MATURITY DISTRIBUTION OF BILLS AND SHORT TERM SECURITIES Total Within 15 days 16 to 30 days 31 to 60 days 6l to 90 days 91 days to Over 6 months 6 months Bills discounted 197,101 105,806 18,l4l 28,111 30,4l4 14,558 71 Bills bou^it in open market 130,762 60,828 19,938 32,488 16,368 1,140 Certificates and bills 249,757 31,527 82,265 71,083 64,882 Municipal warrants 73 51 22 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis