H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 283 STATEMENT FOR THE PRESS Released for publication Board of Governors Friday morning, May 1; of the Federal Reserve System not earlier. April 30, 191*2 CONDITION OF THB FEDERAL RESSfcVE BAICKS During the week ended April 29 member b ank reserve balances increased $192,000,000. Additions to member bank reserves arose from decreases of 5)115,000,000 in Treasury deposits -with Federal Reserve Banks, $109,000,000 in nonmember deposits and other Federal Reserve accounts, and .$3,000,000 in Treasury cash, and increases of $1*3,000,000 in Reserve Bank credit, $3,000,000 in gold stock, and $2,000,000 in Treasury currency, offset in part by an increase of 4)81,000,000 in money in circulation. Excess reserves of member banks on April 29 were estimated to be approximately $2,320,000,000, an 'increase of $70,000,000 for the week. The principal change in holdings of bills and securities was an increase of ^>5Uf000,000 in United States Government securities, bills increased $1*0,000,000 and bonds $li*,000,000. Changes in member bank reserve balances and related items during the week and the year ended April 29, 191*2, were a s follows J Increase or decrease since April 2o April 22, April 30, 191*2 191*2 191*1 (In millions of dollars) Bills discounted 7 + 3 + 5 U. S. Government direct obligations 2,31*6 + 54 * 167 U. S Government guaranteed obligations 1* — 1 # Industrial advances (not including 12 million commitments - April 29) 10 — 4 -2 Other Reserve Bank credit 76 - 11* + 36 Total Reserve Bank credit 2,14+3 • 1+3 + 209 Gola stock 22,68 9 * 3 + 183 Treasury currency 3,296 + 2 + 16k heart) er bank reserve balances 12,662 +192 _ 862 i.oney in circulation 11,723 + 81 +2, 652 Treasury cash 2,186 - 36 97 - Treasury deposits vdth F. R. Banks 128 -115 - 737 I>:onmoiBber deposits and other F. R. accounts 1,718 -109 - 1+00 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283-d Released for publication Friday morning, May 1, 191*2; not earlier. STATEMENT OF CONDITION OF THE TWELVE FLDZR.IL RESERVE BAMS COMBINED (In thousands cf dollars) Increase or decrease since April 29, April 22, April 30, 19^2 1912 I9I4.I A S S E TS Gold certificates "on hand and due fron U, S. Treasury 20,Udc,ulO 9,997 • 229955,,667788 Red<~mpuion fund - it. notes 15,201 • 360 14,062 Other cash 3IO>qoo - 12,755 - 10,51*4 Total 1eserves 20,322,511 - 3,113 289,196 Bills discounted: Secured by U. 3* 3-ov?t obligations, direct and guaranteed 556 2,959 5,270 Other bills discounted 435 ibi - 197 Total bills discounted 6,991 3,100 + 5,073 Industrial advances 9,997 * c.00 2,11*8 S* Government securities, direct and guaranteed1 Bonds 1,568,590 13,984 20k, 790 Kotes 692,500 — - 127,800 Bills 89,002 * 40,584 89,002 Total u. S. Government securities, direct and guaranteed 2,350,092 + 54,568 165,992 Total bills and securities 2,367,080 57,934 173,513 Due from foreign banks 47 — — F. R, notes of other banks 24,490 - 3,591 2,151 Uncollected items 1,024,029 - 63,347 + 176,468 Bank premises • 40,581 - 47 671 Other assets 46,241 •F 1,934 - 2,987 T O T AL A S S E TS 24,324,979 - 10,235 + 639,012 L I A B I L I TY E S F. R. notes in actual circulation 8,781,735 67,349 +2,1*99,367 Deposits^ taember bank - reserve account 12,662,385 +192,808 - 861,472 U.S. Treasurer - General account 128,384 -111;,393 - 737,052 Foreign 892,929 • 22,571 - 358,201 Other deposits 527,650 - 87,932 • 51,442 Total deposits 14,211,348 - 32,088 •2 ,008,167 Deferred availability items 948,109 - 48,865 * 140,879 Other liabilities including accrued dividends 7,O4I -F 2,218 * 1,885 TOTAL LIABILITIES 23,948,233 - 11,386 * 633,964 C A P I T AL T s Capital paid in 144,625 + 1,236 + 4,385 Surplus (Section 7) 157,502 — 437 Surplus (Section 13B) 26,781 — - 4 Other capital accounts 47,838 - 85 * 230 TOTAL LIABILITIES AFD CAPITAL ACCOUNTS 10,235 639,012 24,324,979 • Ratio of total reserves to deposit and F. R. note liabilities combined 90.^0 - .1% - Coimaitments to make industrial advances 11,673 - 309 3,209 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Fori;: F. R. 283-c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON 11ARCH 11',1 9k2 (In thousands of dollars) A SS T S Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Gold certificates on hand and due from U. b. Treasury 20,488,410 1,164,414 7,962,125 1,212,445 1,627,324 835,655 570,641 3,606,446 623,952 346,209 553,342 394,773 1,5 )1,079 Redemption fund - F.R.notes 15,201 3,306 1,755 768 545 1,289 352 904 349 252 506 397 4,778 Other cash 518,900 26,264 72,191 18,231 28,091 16,021 18,908 58,166 16,647 6,336 12,596 12,939 31,958 Total reserves 20,322,511 1,193,984 3,036,071 1,^-31,444 1,653,960 852,965 5&9,90l 3,665,518 640,948 333,297 566,444 400,164 1,627,815 Bills discounted: Secured by U. S.Gov't obligations, direct and guaranteed 6,556 210 3,576 540 2,176 25 14 15 Other bills discounted 435 103 61 27 244 Total bills discounted 6,991 210 3,679 540 61 2,176 52 258 15 Industrial advances 9,997 901 1,091 4,943 193 -680 897 320 593 66 212 101 U. S. Government securities, direct and guaranteed: Bonds 1, ^'63,590 113,074 420,502 124,167 159,361 95,960 68,224 194,960 75,703 47,923 67,179 61,404 135,123 Notes c92,500 52,127 185,642 34,817 70,355 42,364 30,120 36,072 53,422 21,157 29,653 27,109 59,657 Bills 89,002 6,700 23,859 7,045 9,042 5,U45 3,371 11,062 4,296 2,719 3,812 5,434 7,667 Total U. S. Gov't securities, direct and guaranteed: 2,350,092 176,901 630,003 136,029 233,755 143,1^9 102,215 292,094 113,426 71,799 100,649 91,997 202,452 Total bills and securities" 2,367,030 173,012 634,773 191,512 239,012 144,449 103,112 292,414 113,426 74,568 100,767 92,467 20?,568 Due from foreign banks 47 3 13 5 4 22 6 1 * 11 4 J?'-h. notes of other banks 24,490 631 2,956 1,428 1,990 3,791 2,282 3,635 l,o22 482 1,584 623 3,316 uncollected items 1,024,029 102,274 235,943 69,829 133,037 30,209 44,339 151,625 45,331 24,150 4o,472 34,293 56,922 Bank premises 40,501 2,759 10,452 4,024 4,401 3,047 1,964 2,951 2,138 1,329 2,355 1,120 2,/4l other assets 46,241 5,077 12,316 4,32o 5,036 2,944 1,843 5,341 1,947 1,546 1,300 1,751 4,333 TOTAL AbSxiTS 24,324,979 1,430,790 3,932,536 1,503,562 2,044,090 1,067,407 743,493 4,121,490 805,963 455,172 714,003 ?33,419 1,690,249 * less than ^500. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

*'orm F. R. 283-b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JUNE 3, 1942 (In thousands of dollars) L I A B I L I T I ES Total Boston New York Phila, Cleve, Rich. Atlanta Chicago St.Louis Minn. Kans,Cy. Dallas San Fran. F. R. notes in actual circulati on 8,731,735 702,334 2,238,760 619,342 836,372 462,675 324,331+ 1,823,250 3^912 222,01+0 28 i|., 7621 46,582 776,306 De-posits j member bank-r~ serve acct.12,662,385 611,164 5,528,5414 679,0614 91*2,318 455,662 331,850 1,977,367 366,824 1614,818 349,249 300,906 946,619 U.S.Treasurer-General acct. 120,381+ 16,297 6,592 14,399 2,31*9 1,007 3,075 20,751 6,215 14,7014 6,579 17,434 13,1?32 Foreign 392,929 22,167 1*72,8146 66,433 63,664 30,448 24,220 84,425 20,760 15,224 20,060 20,068 52,606 Other deposits 527,650 15,331* 355,364 11,322 40,218 1*2,116 3,553 3,413 12,066 8,382 6,5I48 2,654 26,675 Total deposits 211,31+8 6614,962 6,363,346 771,713 1,0148,51*9 529,233 362,698 2,005,961 1405,3652 03,128 302,1444 349,062 1,044,382 Deferred availability items 9148,109 37,220 196,599 76,673 123,820 77,690 42,387 162,980 143,127 20,061 35,163 30,938 1*9,1*33 Other liabilities including accruod dividends . 7,0^1 51^4 1,335 1,126 564 1,495 259 624 178 175 101 241 269 TV,TAL LIABILITIES 23,9148,233 l,455,o6o 3,802,098 1,468,3614 2,009,313 1,071,093 729,728 14,072,315 794,002 445,412 702,555 526,323 1,070,390 C A P I T AL A C C O U N TS Capital paid in 11414,625 9,413 53,1*1*1 11,812 14,733 5,315 4,91*9 15,800 14,469 3,043 4,661 4,1*23 11,926 Surplus (Section 7) 157,502 10,91*9 56,651 15,171 11*, 346 5,236 5,725 22,925 4,966 3,152 3,613 3,976 10,792 Surplus (section 13b) 26,731 2,871* 7,070 1*,393 1,007 3,21*1* 713 1,1*29 530 1,000 1,137 1,^63 2,121 Gth~r capital accounts 1*7,838 2,491* 13,276 3,122 1*,636 2,019 2,383 0-,41*i 1,916 2,565 2,037 1,929 3,020 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 24,3214,979 1,1480,790 0,932,536 1,503,362 2,0414,090 1,007,407 743,1*^8 4,121,490 005,963 1*55,172 7il*»003 533,419 1,893,2149 Commitments to make industrial advances 11,673 321 1*12 1,272 1,121* 1,61*3 1,210 2,03l4 1,425 — 97 ~ 2,135 MATURITY DISTRIBUTION OF BILLS AMU SECURITIES frithin 16 to 31 to 61 to 91 days to o months 1 Yeur 2 Years to Over Total 15 days 30 days 60 days 9_0_ _da_y_s 6 months to 1 Year to 2 Years 5 Y^ars 5 Years Bills discounted 6,991 6,070 414 IOI4 2 Industrial advances 9,997 4,0714 71*3 506 171 1,025 1,1*23 1,156 U. S. Government securities, 391* direct and guaranteed 2,350,092 13,221 51*, 961 07,020 317,300 367,100 1,439,390 70,100 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form P. R. 283-d FSDmL RESERVE NOTE STATEMENT ON APRIL 29, 19^2 (In thousands of dollars) Total Boston New York Phila. Glove. Kich. ^tlonta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Federal Reserve notes- Issued to F.R. Bank by F.R Agent 9*233,377 72 7,623 2,353,776 642,502 869,957 505,530 346,080 1,392,363 362,275 226,722 294,361 161,646 850,542 # H-Id by Fuciorai kesurv^ Bank 451,642 25,289 115,008 23,160 33,58 5 42,855 21,696 69,113 17,363 4,674 9,599 15,064 74,256 m actual circulation 3,781,735 702,334 2,233,768 619,342 356,372 462,675 324,334 1,823,250 344,912 222,040 234,762 146,582 776,306 Collator xl held by agent as security * for notes issued to bank: Gold certificates on hand and due from U. S. Treasury 9,352,000 740,000 2^360,000 665,000 875,000 525,000 350,000 1,900,000 370,000 227,000 300,000 166,000 874,000 Eligible paper 6,653 210 3,676 540 — — — — — 2,175 52 Total collateral Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis