H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 283a STATEMENT FOR TIER PRESS Released for publication Board of Governors Saturday morning, Nov. 23; of the Federal Reserve System not earlier. November 2?# 19^2 C EDITION OF THE FKDEKAL RESERVE BANKS During the week ended November 25 member b.a'nk reserve balances increased $12^,000,000* Additions to member bank reserves arose from decreases of $232,000,000 in Treasury deposits with Federal Reserve Banks, $10,000,000 in Treasury cash and $26,000, ")00 in nonmomber deposits and other Federal keserv'e accounts and increases of $38*000,000 in Reserve Bank credit and $2y00V000 in Treasury currency, offset in part by an increase of $183,000,000 in money in circulation. Excess reserves,of member banks on November 25 were estimated to be approximately $2,520,000,000, an increase of $30,000,000 for the week* The principal change- in holdings of bills and securities was an increase of $li|8.,000,000 in United States Government securities. Bonds increased $103,000,000, notes $1Q,000,000, 'certiMcates $20,000,000, and bills $6,000,000* Changes in member bank reserve balances and related items during the week and the year ended November 25, lQl|2, wore as follows: Increaso or decrease since Nov 25, Nov. 18, Nov. 26, f •19U2 19U2 19U1 fin millions of dollars) Bills discounted .10 * 2 '+ 4 U. S. Government direct obligations !i,82l +148 • +2,642 U. S. Government guaranteed^ obligations 22 — + 17 Industrial advances (not including 11 million commitments - November 25) 15 - 1 + 5 Other Reserve Bank crodit 214 -113 + .130 Tptal Reserve Bank credit 5.083 + 38 +2,799 Gold .stock 22,742 + 1 - 39 Treasury cuirency 3,377 + 2 + 147 kember bank reserve balances 12,746 +124 - 380 Honey in - circulation 14,648 +133 +4,081 Troasu^ cash 2,239 - 10 + 44 Treasury deposits with F f R. Banks 68 -232 • 372 llonmember deposits .^nd other F. ft. accounts 1,500 - 26 - 466 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F„ R. 283c STATEMENT OF CONDITION OF THE F&DER'iL RESERVE BANKS ON NOVEMBER 25, 19^ (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. KansCy. Dallas Son Fran. F.. "k. notes in actual cir- # culation 11,616,263 850,105.2,689,297 818,833 1,081,Obb 739,^9- 502,61^ 2,316,572 1*87,972 236,788 1+06,225 230,707 1,206,322 Deposits: • ' kember bank-reserve acct. 12,7^5,566 670,875 iu 75.1, 707 6^3,757 1,-011,008 523,677 U 3 3 M2 1,810,170 1*15,628 262,31+9 1+90,57^ 445,369 1,236,506 13 „ S.Treasurer-gene rai acct. 68,1;19 5h7 54,121 213 572 192 54o 607 .521 447 3,594 5,943 1,122 Foreign' 907,123' 23,354 i/4s 1,031 67,173 64,374 30,733 24,490' 35,366 20,992 15,394 20,292 20,292 53,377 other 323,436 5,735 ~ 172,117 10,058 51,336 10,060 3,393 4,163 10,333 10,242 2,256 2,831 42,412 Total deposits 14,046,554 "700,1X1 5,453,976 721,201 17127,790 564,717 461,8651,900,306 447,524288,432 516,720 474,935 1,383,417 Deferred availability items 1,074,527 94,593 212,370 67,20" 125,833 9&,l4l 44,571 165,071 51,133 24,405 50,366 44,076 98,120 Other liabilities including accrued dividends • 6,279 640 1,557 555 618 433 309 704 169 160 428 291 365 TOTAL LLIBILITIBS 26,743,663 1,646,049 8,3_ 62,200 .1607,382 2,335,290 1400,590 1009,339 4*332,653 936,853 599,73 5 9 74,23^ 750,009 2,-6337724 CAPITAL ACCOUNTS Capital paid in 145,444 9,480 53',496 11,751 14,352 5,346 5,174 16,065 4,525 3,072 4,712 4,451 1^,020 Surplus (Section 7) 157,502 10,949 ' 56,651 15,172 14,346 5,236 5,724;.- 22,925 4,966 3,152 3,613 3,976 10,792 Surplus (Scction 13b) 26,731 2,874 7,070 4,393 1,007 3,244 713 1,429 530 1,000 1,137 1,263 2,121 Other capital accounts 53,332 • 2,845 15,164 3,702 5,153 2,247 2,579. 9,051 2,214 2,711 2,270 2,090 3,306 TOTAL LIABILITIES IIND CAPITAL ACCOUNTS 27,126,722 -1672,197 3494,581 1642,000 2,370,643 1417,163 1023,579 4-,432,123 099,088 609,720 935,071 761,739 2,716,063 Commitments to make "industrial advances ..10,531 233 .313 1,522 434 1,210 135 93 1,677 ' — 724 4,160 F. k. notes outstanding 12,103,037 390,7962,736,516 343,746 1,116,73 6 77I,O'56 547,849 2,362,777 5 2 2 , 9 3 5 2 0 1 , 7 19 422,186 262,053 1,234,613 Collateral for F„ It. notes held by F.k.Agents: Gold certificates -12,243,000 902,000 2/315,000 ' £$50,000 1,120,000 779,obo '560,0002,330,000 540,000295,000 430,000263,0001,304,000 Eligible paper . 4,475 3,710 645 - 35 45 — 4o MATURITY DISTRIBUTION OF BILLS AND SECURITIES .Mthin ' 16 to 31 to 61 to Ol days to 6 months 1 to 2 . 2 to 5 Over Total 15 days 30 days 60 days 90 days 6 months ; to 1 year years years 5 years Bills discounted 10,215- '6,470 2,600 1,024 . 121 Industrial advances • 15,212 3,510 315 2,631 570 1,113 1,014 660 399 U. S. Government securities, direct and guaranteed. 4,842,756 3,135' 81,131 174,135 468,065 162,108 431,048 295,575 1,216,649 2,010,860 ; 1 l/After deducting $455,756,000 participation's'of bther Federal Reserve Banks.' Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form R. 233a Released for publication Saturday <mOrning, November 28, 1<?1|2; not earlier. STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Nov.. 25, Nov, 19, Nov, 26, I9I4.2 1942 1941 A S S E TS Gold certificates on hand and due from U. S. Treasury 20,55^616 + -.6,002 + 595 Redemption fund - F. R. notes 18,320 + 9^0 + 3,476 Other cash 235,Q9k - 6,173 - 22,597 Total reserves 20,809,330 + 7&) - 18,526 Bills discounted: Secured by U S.. Gov't obligations, f direct and guc.rcya.toed 5,215 + 2,310 + 2,626 Othor bills discounted 5,000 55 + 1,680 Total bills discounted 10,215 + 2,255 + 4,306 Industrial advances 15,212 339 + 5,217 U. S. Government securities, direct and guur-ntuedi Bonds 2,373,206 +102,835 + Q66,406 Not as 1,352,078 + 19,036 + 574,778 Certificates 735,900 + 20,500 + 735,900 Sills 331,572 + 5,567 + 331,572 Total U S. Government securities, # direct jrid guaranteed 4, 842,756 +147,938 +2,658,656 Total bills and securities 4,868,183 +149,854 +2,668,179 Due from foreign banks 47 -- F R. notes of other banks 33,632 - 2,387 + 5,998 # # Uncollected items 1,288,885 -229,630 + 261,105 Bank promises 40,121 26 939 Other assets 31,524 + 7,101 + 32,662 TJT.1L ASSETS 27,126,722 - 74,319 +2,91*8,479 L I A B I L I T I ES F. R. notes in actual circulation 11,616,263 +168,894 +4,004,189 Deposits? Ucmber bank-r^s^rve account 12,745,566 +123,590 - 330,274 U. S Treasurer - general account 68,419 -231,212 - 371,908 v Foreign 907,123 5,833 - 122,276 Other" 325/486 - 13,375 - 322,816 Total deposits 14,046,594 -126,880 -1,197,274 Deferred availability items 1,074,527 -117,326 ++ 113300,,881199 Other liabilities including accrued dividends 6,279 + 510 + 754 TOTAL LIABILITIES 26,743,663 - 74,802 +2,933,483 C A P I T aL A C C O U N TS Capital paid in < 145,444 .+ 8 + 4,092 Surolus (Section 7) 157,502 + 437 Surplus (Suction 13b) 26,731 -- 4 Oth)r capital accounts 53,332 + 475 + . 5,466 TOT.tL LIABILITIES CAPITAL ACCOUNTS 27,126,722 - 74,319 +2,948,479 Ru.tio of total reserves to deposit and F'. E. note liabilities combined 61.1?* - . 1% 10.0% Commitments to make industrial advances 10,531 + <530 4,204 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283b STATEMENT OF CONDITION OF THE FEDERAL RES.ERVE BANKS ON NOVEMBER 25, lq42 (In thousands of dollars)- A .S - S E T S Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis iviinn. Kans.Cy. Dallas"San Fran. Gold certificates on hand and due ' from tt. S. Treasury- 20,554,616 1153,12-7- 6,867,110 1161,764 1 ,729,708 965,534 722,336 3,619,777 631,683 431,52$ 686,163 497,625 2,033,264 Redemption. fund -F.R,notes 5 18,820 1,438 1,710 1,277 '545 1,769 231 1,376 303 253 449 445 8,419 •jther cash 235,894 22,430 49,531 9,367 19>183 16,3^0 15,542. . 24,762 16,3-75: 7,499 8,693 13,267 32,655 Total reserves 20,809,330 1177,045 6,918,351 1172,903 1 ,74^,436 983,633 738,159 3,646,415 698,061 430,282": 695,305 511,337. 2,079,338 Bills discounted: Secured by U."-'S. Gov't obligations, direct and guaranteed 5,215 700 3,710 645 40 35 — 45 — 4o — Other bills discounted 5,000 2,125 430 460 220 175 610 150 110; 145 . 145 380 — Total bills discounted 10,215 700 5,335 1,125 500 255 175 610 195 110 135 145" 380 Industrial, advances 15,212 464 621 4,396 781 746 535 111 61 376 2,354 132 4,035 U. S. Government' securities, direct and guaranteed: oonds 2,373,206 187,415 623,373 183,443 213,793 152,882 107,184 237,421 114,640 64,801 108,730 92,514 231,450 Notes 1,352,078 106,775 355,440 104,515 124,650 ^7,097 61,067 163,753 65,315 36,918 61,076 52,„7OQ 131,863 Certificates 735,900 53,115 193,456 56 885 • 67,345 47,407 33,236 89,126 35,543 20/CP4 33,731 -28,688 71,769 Bills 381,572 26,501. 93,991 30;,822 3§,903 21,5"0 • 18,669 . 64-, 871 21,717 9,147 15,637 13,05Q 32,670 Total U. S. Goy't securities, direct ahd guaranteed 4,842,756 373,806 1,266,765 375,670 444,196 303,966 220,156 605,171 237,220 130,960 -220,124 186,970 467,752 Total bills and > : securities 4,868,183-' 379,970 1,27.3,221 33U79.1 • 445,477 •309,967 _220,866 605,392 •237,476 131,446 222,663 137,247 472,167 Due from foreign banks 47 3 l/•• 18 5 4 2 2 ' 6" 1 * 1 ' 'l 4 F. R. notes of other'banks 38,632' 1,573 "4,037 1,553 2,356 8,040 4,133 3,927 ' 2,554 977 3,683 1,407 4,342 Uncollected items 1,288,835 104,^05 267,733 75,453 160,841 107,083 54,933 163,151 55,050 34,353 57,710 57,484 150,129 Bank premises 40,121 • ' '2,731' • 10,324 4,802 4,336 •3,051- 1,939 2,923 2,116 . 1,314 . 2,814 1,063 2,693 Other assets 81,524 5,970 20,347 6,383 3,198 • 5,322 3>537 9,304 3,.790 '2,348 3,795 . 3,245 3,235 TOTAL ASSETS 27,126,722 1672,197-8,494,581 i642;qoo•2,370;643 1^17,-163 -1023.,579 4,432,123 999,Q88 609,720 .985,971 761*739 2,716,963 •Less than $500. l/ After deducting $29,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis