H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.form F. R. 233 STATEMENT FOR THE PRESS Released for publication Board of Governors Friday morning, Dec, ki of the Federal Reserve System not earlier. December 3, 19^2 CONDITION OF TEE FEDERAL RESERVE BANKS During the week ended December 2 member bank reserve balances increased $9li9000,000• , Additions *to member bank reserves arose from increases of $377,000,000 in Reserve Bank credit and $1^,000,000 in Treasury currency, offset in part by increases of $200,000,000 in money in circulation, $26,000,000 in Treasury deposits with Federal Reserve Banks, $1^,000,000 in Treasury cash, and $59 , 000,000 in nonmember deposits and other Federal .Reserve accounts. Excess- reserves of member banks on December 2 were estimated to be approximately $2,500,000,000, a decrease of $20,000,000 for the week. The principal change in holdings of bills and securities was an increase of $297,000,000 in United States Government securities, - Bonds increased $1^6,000,000, notes $11,000,000, certificates $lj6,000,000, and bills $5)4,000,000. Changes in member bank reserve balances and related items during the week and the year ended December 2, I9I4?, were as follows: Increase or decrease since Dec, 2,- Nov, 25, Dec. 3, 191+2 lQj2 191+1 4 (In millions of dollars) Bills discounted. 9 1 3 U. S. Government direct obligations 5,H8 + 297 +2,939 U. S, Government guaranteed obligations 22 — + 17 Industrial advances (not including 10 million commitments r December 2) 15 + 5 Other Reserve Bank credit 2Q6 + 32 + 206 Total Reserve Bank credit 5,1*60 * 377 +3,171 Gold stock" 22,71*3 +1 - 27 Treasury currency 3,331 + I* + 11*3 ilember bank reserve balances 12,3i*0 + 9I* - 333 Money in circulation 11*, 31*8 + 200 +1*, 131 Treasury cash 2,2JU3 + 1* + 63 Treasury deposits with F R, Banks 9[j. + 26 - 227 # Nonmember deposits and other F. R\ accounts' 1,559 + 59 - 333 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

form F. It. 283c STATEMENT OF CONDITIW OF THE FEDERAL KiiSEKVE BANKS OK DECEMBER &,> 19142. (In thousands of dollars) L I A B I L I T I ES Total Boston K ew York Phila, Cleve. Rich, Atlanta Chicago St,Louis Minn. Kans.Cy, Dallas San Fran, F. R. notes in actual circulation 11,807,878 858,141 2,720,377 027,628 1,092,162 761,796 526,115 2,343,148 497,504 290*585 418,576 •245,096 1,226,750 Deposits: Member bank-reserve acct.12,839,660 710,022 4,704,929 668,204 1,044,762 537,232 447,684 1,839,471 425,390 266,165 437,666 452,973 1,255,112 U.S.Treasurer-general acct. 94,231 5&6 37,033 313 759 541 539! 830 561 493 - . 503 125 1,933 Foreign 916,586 23,433 436,541 67,341 65,014 31,094 24,734 86,215 21,200 15,547 20,494 20,494 53,929 other 383,272 5,o43 2o2,6o7 5,339 72,793 10,543 3,451 5,216 12,994 11,099 8,054 4,765 40,818 Total deposits 14,233,799 739,134 5,431,115 742,2521,183,328 579,460 476,403 1,931,732 46o, 145 203,309 516,717 473,357 1,351,792 Deferred availability items 1,199,371 114,989' 247,930 79,674 143,937 93,260 44,527 192,746 61,59 5 26,68 0 53,215 45,534 ^0,234 Other liabilities including accrued dividends 6,000 652 1,601 ' 364 561 429 303 643 160 150 491 226 420 TOTAL LIABILITIES 27,247,048 1712,916 8,451,073 1649,913 2,419,933 1439,945 1047,353 4,463,319 1019,404 610,724 983,999 769,213 2,669,196 CAPITAL ACCOUNTS Capital paid in 145,453 9,430 53,496 11,751 14,352 5,351 5,174 16,065 4,525 3,072 4,712 4,451 12,020 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 (Section 13b) 26,781 •2,374 7,070 4,393 1,007 3,244 713 1,429 530 1,000 1,137 1,263 2,121 Other capital accounts -_.53,699 2,300 15,236 3,759 5,218 2,266 2,534 9,064 2,240 2,711 2,259 2,113 3,364 CAPITAL ACCOUNTS 27,630,483 1739,099 3,533,526 1634,.9^3 2,455,411 1456,542 1061,543 4,517,306 1031,665 620,659 1000,720 731,021 2,697,493 Commitments to make industrial advances 10,769 233 .313 1,49 1 455 1,210 13 5 94 1,668 — 1,006 — 4,159 F.R. notes outstanding 12,266,487 399,3302,029,935 356,0521,126,197 739,335 554,161 2,339,116 523,457 297,457 430,997266,041 1,299,409 Collateral for F.R.notes held by F.R.Agents: Gold certificates 12,336,000 912,000 2,865,000 860,000 1,130,000 762^000 560,000 2,410,000 500,000 300,000 44o,ooo 273,000 1,324,000 j-iligible paper 3,865 3,135 620 25 45 4o U.S.Gov't securities 90,000 50,000 40,000 MATURITY DISTRIBUTION OF BILLS ,J-TD SECUKITISS Tiithin 16 to 31 to 61 to 91 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 9,005 3,760 2,545 1,075 1,625 Industrial advances 14,977 3,575 346 432 2,238 596 1,247 892 651 U. S. Government securities, direct and guaranteed 5,139,865 62,265 . 80,669 189,406 454,002 , 161,875 471,074 295,575 1,234,564 2,140,435 1/ After deducting $429,092,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. k. 233a Released for publication Friday morning, December I4, 1QU25 not earlier* - STnTSLiENT OF CONDITION Or THE TWELVE FEDERAL RESERVE BANKS COLB.-.I'ED (In thousands of dollars) Increase or decrease since Dec. 2, Nov. 25, Dec. 3, I9I4.2 I9i|2 19U1 AS S E TS Gold certificates on'hand and • due from U. l>. Treasury 20,554,613 3 + 1.597 Redemption fund - F. R. notes 18,090 730 2,594 Other cash 231,166 - 4,723 5,OQ7 Total reserves 20,803,969 - 5,461 ' 906 Bills discounted} • Secured by U. Gov't obligations, direct and ^uar^nteed 4,005 - 1,210 + 858 Other bills discounted 5,000 — + . 2,580 Total bills discounted 9,005 - .1,210 + 3,438 Industrial advances 1144,,997777 235 + 5,173 U. 8. Government securities, direct and guaranteed: Bonds ' 2,559,437 +136,231 +1,152,637 rotes 1,363,337 + 11,259 + 586,037 Certificates 731,724 + 45,324 + 791,724 Bills 435,367 + 53,795 + 435,367 Total U. S. Government securities, direct and guaranteed 5,139,865 +297,109 +2,955,765 Total bills and securities 5,163,347 +295,664 +2,964,331 Due from foreign banks 47- • • F. K.notes of oth^r banks 37,572 - 1,060 + • 6,100 Uncollected items 1,495,334 +206,449 + 485,168 Bank premises 4o,o62 - . 59 947 Other assets 39,752 + 8,228 + 4o,i84 TOTAL ASSETS 27,630,433 +503,76! +3,493,980 L I A B I L I T I ES F, R. notes in ^ctual circulation 11,307,373 +191,615 +4,077,741 Deposits: Member bank-reserve account 12,839,660 + 94,094 338,396 U. S. Treasurer-general account 94,231 + 25,862 - 226,276 Foreign• 916,536 + 9,463 • 91,345 Other 383,272 + 57,736 - 217,931 Total deposits 14,233,799 +187,205 - 873,998 Deferred availability items 11,,119999,,337711 +124,844 ++ 227788,,773344 Other liabilities including accrued dividends 6,Q00 279 964 TOTAL LIABILITIES 27,247,048 +503,335 +3,433,441 CA P I T AL A C C O U N TS Capital 'paid in 145,453 + 9 4,172 Surplus (Section 7) 157,502 437 • Surplus (Section 13b) 26,731 -- 4 Other capital accounts 53,699 + 367 + 5,934 TOTAL LIAB.LITIES AND CAPITAL ACCOUNTS 27,630,433 _ +503,761 +3,493,980 Ratio of total reserves to deposit and F, R.note liabilities combined 79.9>i - 1.2°/* 11,2% Commitments to make industrial advances 10,769 + 233 4,102 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. 233b STATiSI-IBNT OF CONDITION-OF THE'FEDERAL RESERVE BANKS ON DECEi.:,ER 2, 19^2 • (In, thousands of dollars) A S S E TS 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.S. Treasury 20,55lj,6l3 1186,513. 6,847,466 1168,505 1,791', 1*16 960,915 756,734 3,603,564 651,535 433,495 '669,633 500,550 1,964,287 Redemption fund-F.R.notes 18,090 1,436 1,474 1,179 ,478 • 2,719 230 1,799 287 251 uc 431 7,362 Other cash 231,166 20,190 50,928 n,843 19j252 14,708 13,512 . 24,105 __15,434_ 7^263 7,740 12,284 33,907 Total reserves 20,803,869 1208,139 6,899,868 1181,527 1,811,146 978,342 750,485 3,620,468 707,256 441,009 677,808 513,265.2,005,556 Bills discounted: oocured by b. S. Gov't obligations, direct and guaranteed 4,005 3,135 620 • 140 25 45 40 Other bills .discounted 5,000 2,125 480 46o 220 175 610 150 110 145 145 380 Total bills discounted 9,005 — 5,260 1,100 600 245 175 610 195 110 185 145 330 industrial udv^cos lit,977 462 621 5,051 797 720 532 113 61 381 2,072 132 4,035 b. S. Government securities, direct and guaranteed: Bonds 2,559 , 437 195,600 644,794 193,547 224,659 170,346 122,046 316,559 122., 572 68,501 126,088 104,691 270,034 Notes 1,363,337 104,187 343,464 103,094 119,669 90,737 69,013 168,6^3 651,292' 36,49.0 67,162 55,763 143,333 Certificates 781,724 59,742 196,933 59,115 68,617 * 52,028' 37,2*76 96,686 37,437 20,9.22 38,511 31,976 82,476 Bills . 435,367 ' 25.591 140,739 33,045 30,468, • 22,287 13,508 65,917^ .19,376. ioy?<£ 1.7,19.7 -.13,697; J7_530 J i Total U.S. Gov't securities, direct and guur^nt-od 5,139,365 385,120 1,325,935 338,301 443,413' 335,393 242,843 647,785 244,677 136,875 243,953 206,132 533,928 Total bills and • securities 5i 163,847 385,532 1,331,816 394,95? 444,810; 536,363. 243,5.50 643,508. 244,933 .137,366 251,^15 206^409 533,343 Lue fr6m foreign Jbunks ' 47 3 1/ 18 • -5 4- 2 2 6 : : 1 *, 1 1 4 F.R.notes of othor bunks 37,572 1,061 3,779 1,431 '1,853 ' 3,796 3,934 3,626 2,926 1,049 .3,-701 1,367 4,049 Uncollected items 1,495.334 135.174 315,785 95,518 • 184,605 124,014 " 57,503 222,134- '70>253 37,372 60,738 55,243 136,990 Bank premises 40,062 2, 726 10,305 4,791 4,336 - 3,051 1,940 •2,922 2,113 1,312 2,808 • 1; 060 2,693 Other assets 89.732 6/414 21,955 6,769 3,657 5.,974 4,134 11,142 4,^83 2,551 4,4&9 3,671 9,853 TOT^L ASSETS 27]630,483 1739/099 8,533,526 1684,993 2,455,411 1456,542 1061,548 4,517,306 1031,665 620,659 IJOO,7?O 731,021 2,697,493 ; •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