H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 283 STATEMENT FOR THE PRESS Board of Governors Released for publication of the Federal Reserve System Friday morning, October 3» October 2, 191+1 not earlier. CONDITION OF THE FiiDERAL RESERVE BANKS During the week ended October 1 member bank reserve balances decreased $33,000,000. Reductions in member bank reserves arose from increases of 1113,000,000 in money in circulation and £>61,000,000 in nonmember deposits and other Federal Reserve accounts and a decrease of $35*000,000 in Reserve Bank credit, offset in part by decreases of ^IjOOO.OOO in Treasury cash and ¿70,000,000 in Treasury deposits with Federal Reserve Banks and increases of <512,000,000 in gold stock and .¿2,000,000 in Treasury currency. Excess reserves of member banks on October 1 were estimated to be approximately ^5,190,000,000, a decrease of $10,000,000 for the week. Changes in member bank reserve balances and related items during the week and the year ended October 1, 19^1» were as followss Increase or decrease since Oct. 1 Sept. 21+, Oct. 2, 19U1 19U1 19U0 (In millions of dollars) Bills discounted 11 - 1 + 5 U. S. Government direct obligations 2,179 — - 238 U. S. Government guaranteed obligations 5 — - 2 Industrial advances (not including 13 million commitments - October l) 9 <•»«> + 1 Other Reserve Bank credit 1+0 - 3U 5 Total Resjrve Bank credit 2,21*1+ - 35 238 Gold stock 22,761 + 12 +1,U90 Treasury currency 3,196 + 2 + 150 Msanber bank reserve balances 13,21*0 - 33 560 ïioney in circulation 10,183 +113 +2,011 Treasury cash 2,259 - 91 - 35 Treasury deposits with F.R. Banks 309 - 70 - 369 Nonmember deposits and other F. R. accounts 2,210 + 61 + 355 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

FormTF.R. 203-a Released for publication Friday morning, October 3» 19415 n^t earlier. STATfflKKT OF CONDITION OF THE TWELVE FEDalLiL KESrJKVB BaNXS COL'JIEED (In thousands of dollars) Increase or decrease sines Oct. 1, Seot. 24, Oct. 2, 1941 1941 1940 A S S E T S Gold certificates on hand and due fron U. S. Treasury 20,466,031 +104,002 + 1,,512,728 Redemption fund - F. R. notes 14,729 - 1,014 + 2,940 Other cash 252,404 - 17,058 - 75,573 Total reserves £0,733,164 + 85,930 +i*iiU0,095 3ills discounted: Secured by U. S. Gov't obligations, direct and >*uarantoed 1,660 260 + . 311 Other bills discounted 9,409 188 + 5,111 Total bills discounted 11,069 - m + 5,422 Industrial advances 8,902 62 527 U. S. Government securities, direct and guaranteed: londs 1,363,800 + 45,200 Notes 820,300 - 284,700 — Total U. 3. Government securities, direct and guaranteed 2,184,100 — - 239,500 Total bills ar.d securities 2,204,071 510 - 233,551 Due from foreign banks 47 — ... F. R. notes of other banks 37,718 - 1,704 + 15,569 Uncollected items 1,058,511 +101,593 4- 290,465 Bank premises 40,732 49 - 525 Other assets Ub, 406 + 1,185 - 10,273 T O T A L a S S E T S 24,118,649 +186,1445 +1,501,780 l i a b i l i t i e s F. R. notes ir actual circulation 7,255,733 + 91,483 +1,791,495 Deposits: Member bank - reserve account 13,240,1448 - 32,636 559,757 U. S. Treasurer - General account 308,748 - 70,208 - 369,312 Foreign 1,184,983 + 73,624 4* 139,525 Other deposits 733,bb5 - 11,539 + 192,379 Total deposits 15,467,624 - 40,759 - 597,165 Deferred availability items 1,018,920 +136,124 + 295,529 Other liabilities including accrued dividends 3,692 258 + 251 TOTaL liabilities 23,745,969 +186,590 + 1,1+90,110 C A P I T A L A C C O U N T S Capital paid in 141,043 + 30 4* 3,411 Surplus (Section 7) 157,065 — 4* 5,345 Surplus (Section 13’d) 26,785 - - 54 Oth^r capital accounts 47,787 175 4* 2,968 TOTaL LIABILITIES aTD CAPIT.lL ACCOUNTS 24,118,649 + I86J4Í6 4*1 ,501,780 Ratio of total reserves to deposit and F. R. note liabilities combined 91.25? + • 1 % 4- 1.6/0 Commitments to make industrial advances 12,709 + I 23 + 5,126 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F.R. 283-b STATEMENT OF CONDITION OF THE FEDERAL RESERVE CAKKS ON OCTOBER 1, l^l+l .(In thousands of dollars) A S S E T S Total Boston Now York Phila. Clove. Rich. Atlanta Chicago St.Louis Linn. Kans.Cy.l.Dallas San Fran. Gold certificates on hand and due from U.S. Treasury 20,1+66,031 1,172,081 8,1+86,61+1 1,269,911+ 1,619,585 71+7,653 1+97,1+38 3,1+98,020 550,915 342,388 1+88,781 352,038 1,1440,569 Redemption fund - F.R.notos ll+,729 4, 757 1,299 821 729 1,566 37I+ 1,011 861 534 14+5 703 1,624 Other cash 252,1+01+ 27,1+35 5I+, 707 17,223 17, ola 15,1+85 17,732 37,1+11+ 15,068 4,423 30,898 8,732 26,21+6 Total reservos 20,733,161+ l,20l+,273 8,51+2,61+7 1,287,958 1,637,355 761+,70l+ 515,514+ 3,536,1+53 566,814+ 31+7,31+5 500,121+ 361,1+70 ! * ! S ; co . ON Dills discounted: Secured by U. S. Gov’t obligations, direct and guaranteed 1,660 1,155 163 100 20 — — 60 20 14¿ Other bills discounted 9,1+09 --- 8,1+50 19 56 9 7 21+ 6 1+ 242 577 15 Total bills discounted 11.069 - 9,605 182 156 9 27 21+ 6 61+ 262 719 15 Industrial advances 8,902 1,667 1,081 3,623 219 301 171+ 3I+2 -- 1+62 96 294 143 U. S. Government securities, direct and guaranteed: £°nds 1,363,800 105,714+ 353,621+ 107,1+12 13Í+, 809 81+, 293 58,227 186,227 69,382 1+0,590 58,653 47,800 117,039 Notes 820,300 63,601+ 212,697 64,605 81,081+ 50,703 35,022 112,012 1+1,731 2l+,l+ll+ 35,279 28,752 70,397 Total U. S. Gov't securities. direct and guaranteed 2,181+,. 100 169,31+8 566,321 172,017 215,893 13l+,996 93,21+9 298,239 111,113 65,001+ 93,932 76,552 187,436 Total bills and securities 0 171,015 577,007 175,822 216,268 135,806 93,1+50 298,605 111,119 65,530 94,290 77,565 187,594 Du~ from foreign banks 1+7 3 18 5 1+ 2 2 6 1 * l 1 4 F. R. notes of other banks 37,718 1,106 2,750 1,1+28 2,189 14,633 1,915 2,799 2,273 1,065 3,557 531 3*472 Uncollocted items 1,058,511 105,082 255,999 70,775 13]+, 61+2 86,718 1+3,613 11+5,551+ I4I+, 775 2l+,178 47,020 36,100 64,047 Bank premises 1+0,732 2,791 10,1+01+ 1+.81+5 l+,l+76 2,791 1,959 2,991 2,287 1,345 2,900 1,158 2,785 Other assets 14+,1|06 3,198 11,311 3,601+ i+,765 2,919 1,879 5,639 2,118 1,353 1,863 1,589 4,168 , t o t a l a s s e t s 2l+, 61+9 1*487,468 9,400,136 1,5151+,1+37 1,999,699 W.573 658,362 3*992,01+7 729,1+1714+0,816 61+9,755 1+70,1+30 1,730,509 118 ♦Less than v500. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

For... F. R. 283-c STATELIENT OF CONDITION OF THE FED SEAL R’JSKEVE BANKS ON OCTOBER 1, 1^1 (In thousands of dollars) L I I L 1 T î 3 S Total Boston Novr York Phila. Cleve. Rich. Atlanta Chicago St.Louis i'inn. Kans.Cy. Dallas San Fran. tt. notes in actual circulati on 7,255,733 601,472 1,878,309 503,779 686,852 375,661 243,004 1,529,757 281,670 184,471 241,311 121,373 608,074 Deposits: ’,e:.iber bank-reserve acct. 13,240,448 686,675 5,989,464 786,399 985,432 458,699 296,511 2,063,343 324,541 174,554 292,065 261,282 921,633 TJ.S.Treasurer-General acct ;. 308,748 18,391 54,120 29,302 38,827 20,582 17,136 35,759 24,530 20,396 24,123 14,731 10,751 Foreign 1,184,983 50,761 510,632 105,561 100,120 46,795 36,089 130,591 32,648 23,942 31,559 31,559 82,726 Other deposits 733,^45 8,182 610,877 14,751 23,730 7,012 8,286 6,020 10,212 6,740 4,754 1,538 26,343 Total deposits 15,467,624 764,009 7,165,093 936,013 1,153,109 533,080 360,072 2,235,713 391,931 225,432 352,501 309,160 1,041,503 Deferred availability items 1,018,920 95,903 227,077 69,897 124,846 82, ‘466 ia, 519 170,495 43,813 21,094 Uk,503 36,271 53,036 Other liabilities including accrued dividends 3,692 493 972 268 348 356 110 361 139 131 133 151 217 TOTAL LIABILITIES 23,745,969 1:,46],877 9,271,451 1,509,957 1,965,155 991,5716144,713 3,944,326 717,553 431,123 638,453 466,955 l.,702,830 C A P I T A L ii C C 0 U N T S Capital paid in 141,043 9,362 51,734 11,360 14,600 5,549 4,848 15,09& 4,368 3,006 4,551 4,296 11,771 Surplus (Section 7) 157,065 10,906 56,447 15,144 14,323 5,247 5,725 22,824 4,925 3,152 3,613 3,974 10,785 Surplus (Section 13b) 26,785 2,874 7,070 4,393 1,007 3,244 713 1,429 533 1,000 1,133 1,263 2,121 Other capital accounts 47,787 2,449 13,434 3.083 4,614 1,962 2,363 8,370 2,038 2,530 2,000 1,942 3,002 TOTaL LIABILITIES *>TD CAPITAL uCCCUL'TS 24,118,649 1,487,460 9,400,136 1,54U,437 1,999,699 ¥>07,573 658,362 3,992,047 729,417 440,816 649,755 473,430 1,730,509 Commitments to make industrial advances 12,709 310 514 2,196 1,229 786 i,o 4 U 692 659 28 1,501 23 3,225 FiiTiTRITY DlSTRIBUT.fOF OF BILLS ,J'!D SECURITIES Tithin 16 to 31 to 61 to 91 days to 6 months 1 Year 2 Years to Over Total 15 days: 30 days 60 days 90 days 6 months tc1 1 Year to 2 Years 5 Years 5 Years 3ills discounted 11,069 8,339 1,111 1,214 250 150 5 — — Industrial advances 8,902 2,549 312 170 438 878 1,484 1,680 ]■,391 — U.iGoverrment securities, direct and ¿uarantoed 2,184,100 — — — 43,000 84,800 66,200 208,200 548,300 1,233,600 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form Jt*'. R. 263-d FEBjJûJL RESERVE NC?£ ST^TK-'TE-T ON OCTOBER 1, I9Ì4I (In thousands of dollars) Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis rinn. Kans.Cy. Dallas San Fran. Federa.lJL ReservV eÜ UnUot es:i Issueidd to F.R.Bank by F.h.^gent 7,605,730 631,335 1,960,654 525,793 712,915 399,096 263,17.-3 ],501,981 299,195139,951 21*9,000 133,393 677,051 Held by Federal Xeserve Bank 349,997 30,363 02,31+5 £2,JlJ+ 26,063 2l+,235 20,174 32,,r2.'+ 17,525 5,1+00 7,777 12,020 09,777 In actual circulation 7,255,733 601,472 1,073,309 503,779 606,352 375,601 21+3,001+ 1,52';,757 201,6701C1+, 1+71 21+1,311 121,373 600,07' Collateral held by agent as se­ curity for notes issued to hank: Cold certificates on hand and duo fro?:: U. S. Treasury 7,739,000 655,000 1,970,000 .Sl+p, >00 715,0JC 1+25, ->00 270,000 1,500,000 30^,000 192,000 ?73,000 13^, >00 639,000 Eligible paper 9,999 ~ 9,520 163 -- — — — — o0 256 Total collateral 7,748,999 655,000 1,079,520 540,163 715,000 425,000 270,000 1,500,000 309,jOo 192,060 255,256 139,000 66;,000 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis