H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 283a STATEMENT FOR THE PRESS Released for publication Board of Governors . Friday morning, June 19; of the Federal Reserve System not earlier. June 18, I9I4.2 CONDITION OF TEE FEDERAL RDSERVE BANKS During the week ended June 17 meuber bank reserve balances increased $77,000,000. Additions to member bank reserves arose from increases of $95*000,000 in Reserve 3ar.k credit and $12,000,000 in gold stocK, and reductions of $21^,000,000 in Treasury cash and $145,000,000 in nonmember deposits and other Federal Reserve accounts, offset in part by increases of $^2,000,000 in money in circulation and $68,000,000 in Treasury deposits with Federal Reserve Banks. Excess reserves of member banks on June 17 v^re estimated to be approximately $2,790,000,000, an increase of $10,000,000 for the week. The principal change in holdings of bills and securities was an incr^se of $11,000,000 in United States Government securities, bonds and notes increased $3,000,00v. each and bills f5,000,000. Changes in member bank reserve balances and related items during the week and the year ended June 17, l9l|2, wore as followst Increase or decrease since June 17, June 10, June 18, 19 ' 191*2 19 hi (In millions of dollars) Bills discounted 5 1 * 3 U. S. Government direct obligations 2,5714 * 11 39b U. 8. Government guaranteed obligations •5 Industrial adyances (not including 17 million commitments - Juno 17) 11 2 Other Reserve Bank credit 209 35 163 Total Reserve Bank credit 2,303 + 95 562 Gold stock 22,729 + 12 117 Treasury currency 3,311 + 1 169 Member bank reserve balances 12,706 77 1|2 5 Money in circulation 12,208 32 +2 ,775 Treasury cash 2,189 • 21; • - (9 Treasury deposits with F. R. Banics 160 68 •- 86I4 Nonmeiriber deposits and other F. RT accounts . '1,581 - 1+5 - 56} Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form V, R. 283-c STATBIaENT OF CQMDITICR OF THE FEDERAL RESERVE BANKS ON JUNE 17, 191*2 (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 fiinn. Kans.Cy. Dallas San Fran, F. R. notes in actual circulation 9,228,700 70l*, 658 2,317,722 660,127. 880,973 501,i|10 550,58l* 1,909,630 361,106 229,14.80 300,835 156,788 855,387 Depositsj Member bank-reserve acct. 12,706,[i8lj. 618,085 5,1*1*1,287 681,708 959,221 171,585 351*,716 1,867,526 385*296 185,308 370,858 311,366 1,059,528 U.S.Treasurer-general acct, 159,719 892 153,767 91*3 51*9 509 579 71 597 U98 528 563 223 foreign 961,1*78 22,595 503,61*9 72,652 69,625 33,299 26,1*08 92.329 22,70k 16,61*9 21,9V? 21,9*47 57,591* Other 315,1*11* 9,239 173,322 10,878 52,5^ 8,236 3,581 5,300 10,920 8,763 81*6 3,820 27,9142 Total deposits 11*, 11*3,095 650,811 6,272,025 766,181 1,081,951* 513,629 385,361* 1,965,^26 1*19,^5 211,218 M . 1 79 337,^6 l,ll*b,W Deferred availability items 1,239,251* 112,269 252,912 115,532 172,381 109,229 50,580 175,813 55,551* 26,568 1*9,192 38,1*91* 80,730 Other liabilities including accrued dividends 6,271 1,01*9 1,656 1*31 603 1*37 272 662 117711** 151 208 225577 337711 TOTAL LIABILITIES 214,617,320 1,1*68,737 3,8l*l*,315 1,51*2,271 2,135,911 1«, 1214,705 786,800 4,051,331 836,359 W>7,i*i7 71*1*, 1*11* 533,235 2,081,775 C A P I T AL A C C 0 U N T S Capital paid in 11*1*, 703 9,1*29 53,1*36 11,791 11*, 8 06 5,816 1*,970 15,892 1*,1*32 3,058 1*,665 14,1*30 11,928 Surplus (Section 7) 157,502 10,91*9 56,651 15,171 11*, 31*6 5,236 5,725 22,925 1*»966 3,152 3,613 3,976 10,792 Surplus (Section 13b) 26,781 2,871* 7,070 1*,393 1,007 3,21*1* 713 1,1*29 530 1,000 1,137 1,263 2,121 Other capital accounts 1*8-, 1*52 2,51*0 13,1*79 3,215 l*,76o 2,01*2 2,1*10 3,1*66 1,91*2 2,589 2,072 1,91*1* 2,993 TOTaL LL3ILITIES AND CAPITAL ACCOUNTS <4*,991*, 758 1,1*914,5© 8,971*,951 1,576,3141 2,170,830 1,11*1,0I43 800,618 14,100,01*3 01*8,279 1*77,216 755,901 51*1*,81*8 2,109,609 Commitments to make industrial advances 16,502 056 1*55 776 781 2,060 660 2,071* 2,028 — 3,321* — 3,1*80 R. R. notes outstanding 9,661*, 963 733,51*7 2,1426,897 686,082 911*,685 538,890 379.127 1,950,^0 330,812 235,761 311,978 171,238 935,256 Collateral for F.R.notes held by F. R. Agents t Gold certificates 9,766; 000' 71*0,000 2,1435,000 690,000 920,000 550,000 300,000 1,980,000 390,000 236,000 320,000 176,000 91*9,000 Eligible paper 3»925 350 2,311 655 200 — — 380 29 - MATURITY DISTRIBUTION OF BILLS .iND SECURITIES Tilithin 16 to 31 to 61 to 91 days to 6 months 1 to 2 2 to 5 Over Total 15 days 50 days 60 days 90 days 6 months to 1 year years years 5 years t — 3,830 125 69 62I4 1 Bills discounted l*»ol*9 5,51*9 1*59 716 199 706 1,1*13 1,0214 Industrial advances 10,617 551 U. S. Government securities, 30,626 35,568 72,757 11*6,732 136,700. 207*175 352,000 1,1*1*9,091* Digi d tiz i e r d e fo c r t F RA a S n E d R guaranteed 2,578,51*1* 67,892. http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Fornr F R. 283-a # Released for publication Friday morning, July 19, 19k2; not earlier. STATEMENT OF CONDITION OF THE TSELVE FEDERAL KESEKVE BAILKS COMBINED (In thousands of dollars) Increase or decrease since June 17, June 10, June 18, W 191*2 191*1 A S S E TS Gold certificates on hand and due from U, S. Treasury- 2200,,555566,,002277 + 38,398 fh 2it2,296 Redemption fund - F. R. notes lit, 352 90 * l*,8ltlt Other cash 271^,766 159 - 12,98 it Total reserves 20.8it5.llt5 + 38,lit9 23l|,156 Bills discounted* Secured by U. S. Gov't obligations, direct and guaranteed 3,91*5 -- 11,,003311** + 22,,882266 Other bxlls discounted YOU 233 17 Total bills discounted b,6h9 - 1,267 + 2,3lt3 Industrial advances 10,617 + 80 1,711 U. o. Government securities, direct and guaranteed} Bonds 1,606,19U +• 3,250 + 22lltt22,,3399ll** Hotes 715,775 + 3,000 • - loit, 525 Certificates 32,092 — 32*092 Bills 22b,h83 + 1*, 750 22it.i|fl3 Total U. S, Government securities, direct and guaranteed 2,578,51*1* + 11,000 + 39k,kbk Total bills and securities 2,5^3,810 * 9,813 + 398,998 Luc from foreign banks 1*7 — F. R. notes of other banks 27,527 • It 097 * 2,609 Uncollected items 1,14461,220 •^19.235 316,187 Bank premises 1*0,517 •f 271 Cth^r assofcs 39,1*92 - 13,253 - 2,920 TOT-.iL ASSETS 2lu99l*,75S 91*9,301 L I A B I L I T I ES F. R. notes in actual circulation 9,228,700 • 33,981; •2,655,51*1* Deposits j bomber bank - reserve account 12,706,1^8 it • 77,57h - l*2it,158 U. S. Treasurer - general account 159,719 + 68,061 - 86it,090 Foreign Q 61, it 78 - 16,830 - 268,ltllt Oth j r 315,l*llt - 39*337 - 309,300 Total deposits lit.lii3.095 • '89,1*68 -1,865,962' Deferred availability items 1,239,251* +333*928 + 153,590 Other liabilities including accrued dividends 6,271 - 2,1400 + 661 TOT^L LIABILITIES 2lt, 617,320 + 91*3,833 C A P I T AL • i . C C O U N TS Capital paid in 11*1*, 703 • 25 + 1*,379 Surplus (Section'7) 157,502 — + 1*37 Surplus (Section ljb) 26,781 — - 1* Ctht>r capital accounts 1*8,1|.52 + 36 656 T T0T.iL LIABILITIES iJSTD C;iPIT..L ,CCCU1\TS 2Jt,99l*,75& okl + 91*9,301 4 Ratio of total reserves to deposit and F. R.note liabilities combined 89.2% - .3% - 2.1% Coirstaitments to malce industrial advances 16,502 + 2,8£b + It, 688 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R* 283 STttTBIIEET OF CONDITION OF THE FEDERAL RESLkVE BANKS .ON JUNE 17, I9i|2 (In thousands of dollars) - A S S E TS Tptal Boston New York Phila. Cleve . Rich. Atlanta Chicago St* Louis Minn. Xdns;Cy. Dallas San Fran. Gold certificates on hand and due- s from U* S* Treasury 20,556,027. 1,128,8^2: 7.831,680 1,21*2,910 1*667,790 851,669 6ol*,520 3,516,329 61*7,593 356,956 575,051* 387,220 1,71*5,1*81* Redemption fund - F.lt.notes 114,352 2,897 1*099 21*3 1,099 1,375 827 1,232 788 186 361 790 3,1*55 Other cash 271*, 766 22,520 ' 67,^87 15,221* 22,1*12 . 10,1*10 .17,798 1*5,773 12,987 5,71*3 12,198 12,826- • 29,1*88 Total reserves 20,845,1^5 1,154,239 7,900,166 1,258,377 1,691,301 • 863,1*51* 623,11*5 3,563,331* 661,368 362,885 587,613 1*00,836 .1,778,1*27 Bills discounted^ Secured by U. S. Gov*t obligations, • direct and guaranteed 350 22,,226611 665555 20 200 — 10 380 — 5 llll** 50 Other bills discounted 70k — 262 1*8 66 22 17 76 15 11 38 HI 38 Total bills discounted h,6U9 350 2,523 703 86 222 17 86 395 11 1*3 125 88 Industrial advances 10,617 1,072 1,0^6 5,381 21*8 619 967 316 8 601 59 '209 91 u. Government securities, direct and guaranteed: Bonds 1, 60419h 119.535 1*1*1*, 321* 127,65k 163,398 95,270 68,571* 197,682 75,077 1*7,737 67,299 61,691* 137,950 Notes : 715,775 53,268 198,006 56,889 72,815 1*2,1*55 30,558 '88,091* 33,1*57 21,271* 29,990 27,1*93 61,1*76 Certificates. ; 32,092 2,388 8,878 2,^50 3,265 1,903 1,370 3,950 1,500 9% 1,31*5 1,233 2,756 Bills '22kM' 16,706 62,099 17,81*1 22',837' • 13,315 ' 9,581* 27,628 '10; 1*93' 6,672 9,1*06- - 8; 622 19,280 Total U. Goy»t.securities, direct and guaranteed 2,578,5hh 191,897 713,307 20l*,93l* 262,315 152,91*3 110,086 317,35li 120,527 .76,637 108,01*0 99,01*2 221,1*62 - • t Total bills and securities 2,593,810 193,319 • 716,876 211,018 262,61*9 153,781* 111,070 317,756 120,930 77,21*9 108,11*2 99.376 221,61*1 i^ue from foreign banks kl 3 18 5 1* 2 2 6 1 * 1 1 1* k. notes of other banks 27,527 851 3,170 1,393 2,235 1,928 1*,226 3,690 2,981 1,577 1,832 763 2,881 uncollected items 1,14^8,220 11*0,821* 333*695 98,11*2 205,682 ll6;-293 58,588 207,761 59,196 32,955 53,839 1*1,283 99,962 Bunk premises 40,517 2,751; 10,1*15 1*,813 1*,392 3,082 1,961 2,956 2,135 1,326 2,01*3 " 1,105 2,735 Other assets 39,^92 2,589 10,611 3,093 it, 567 2,500 1,626 l*,5l*0 1,668 1,221* 1,631 1,1*81* 3,959 TOTAL ASSETS 2it,99ii,758- l»l*9l*,579 3,97l*,951 1,576,81*1 2,170,330 1,11*1,01*3 800,618 h,100,01*3 81*8,279 1*77,216 755,901 5W*,3l*8 2,109,609 •Less than $500. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis