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, Feb, 5; of .the Federal Reserve System not earlier, February h, 19^3 CONDITION OF THE FEDERAL RESERVE BAKKS During the week ended February 3 member bank reserve balances decreased $336,000,000. Reductions in member bank reserves aròse from an increase of $228,000,000 .in money in circulation and decreases of $226,000,000 in Reserve Bank credit and $29,000,000 in gold stock, offset in part'by an increase of $53*000,000 in Treasury currency and decreases of $73*000,000 in Treasury deposits with Federal Reserve Banks and $21,000,000 in nonmember deposits and other Federal Reserve accounts. Excess reserves of member banks on February 3 were estimated to be approximately $1,700,000,000, a decrease of $390,000,000 for the week# The principal change in holdings of bills and securities was a decrease of $251;,000,000 in United States Government securities. Bonds decreased $111,000,000, notes $1;1,000,-000 and certificates $219,000,000, while bills increased $117,000,000. Changes in member bank reserve balances and related items during the week and the year ended February 3* 19^3* were as follows? Increase or decrease since Feb. 3, Jan. 27, Feb. I;, 19Ù3 19U3 191*2 (In millions of dcllars) Bills discounted 9 - 1 6 U. S. Government direct obligations 5,1*21* -252 +3,185 U. S. Government guaranteed obligations 51 + 5 + 1*7 Industrial advances (not including 10 million commitments - February 3) lh + 2 5 Other Reserve Bank credit 209 + 29 + 203 Total Reserve Bank credit 5,766 -226 +3,51*0 Gold stock 22,663 - 29 - 75 Treasury currency 3,8li6 + 53 + 587 Member 'bank reserve ' balances- 12,9*42 ■ -336 + 93 Money in circulation 15,666 +223 +I*,1*35 Treasury cash 2,200 + 1 1 Treasury deposits with F. R# Banks h9 - 73 - 327 Nonmember deoosits .and other, F. R, accounts i,hlS - 21 - 233 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R* 233c STATEMENT-. OF CONDITION OF THE FEDEhÀL RESERVE BANKS ON -FEBRUARY 3, I9JL4.3 (In thousands of dollars) L I ’A B I L I T I E S Total Boston New. York Phila. Cleve. Rich. Atlanta* Chipago St.Louis Minn. Kans.Cy. Dallas San Fran. F. R. notes in actuàl cir­ culation 12,302,229 395,68V 2,71^,518 862,100 1,11+5,1*20 790,291* 567,257 2,1*50,362 521,1*89 310,i*80 1*31;, 563 260,731 1,3.19,331 Deposits : Member bank-reserve acct.12,9ltl*i>97 670,102 U,798,707 656,630 1,01*1;,252 529,671 1*99,.01*7 1,830,352 1*1*7,230 259,875 1*99, U85 1*79,1*71 1,236.875 U*S. Treasurer-general acct, li8,883 512 1*3,170 527 671 378 218 539 1*86 239 602 308 1,183 Foreign 793,51*7 22,920 1/ 373,371 65,781 63,-701; 29,771* 21*,235 81*, 1*77 20,773 15,231; 19,383 20,773 53,117 Other 301,972 lu065 136,989 13,1*80 69,522 16,996 It, 025 36,305 15,569 11,-961* 9,060 3,56o 1*0,1*37 Total deposits ll;, 11*6,099 697,599 5,31*2,237 736,1*18 1,178,11*9 576,819 527,525 1,951,673 1*81*,053 287,302 528,535 501*, 112 1,331,612 referred availability items l,.09iif 831 102,071; 233,1*02 72,321 123,218 89,332 51,1*2.5 157,909 52,198 22,1*99 .50,600 37,1*77 102,376 Other liabilities including accrued dividends 3,1*61* 597 • 51*9 261 297 391 155 l*6o 102 11*9 - 219 11*1 11*3 TOTAL LIABILITIES 27,51*6,623 1695,95k 3,320,706 1671,100 2,1*1*7,081; 11*56,836 111*6,362 1*, 560,1*01* 1057,81*7 620,1*90 1013.,917 802,1*61 2, 753.1*62 CAPITAL ACCOUNTS Capital paid in 11*6,721 9,523 53,671; 11,686 15,206 5,927 5,238 16,375 l*,53l* 3,153 1*,780 It, 1*75 12,100 Surplus (Section 7) 160,[¡.11 11,160 58,001 15,670 11*, 767 5,236 5,725 22,925 I;,966 3.221 3,613 1;, 083 n,ol*l* Surplus (Section 13b) 26,829 2,871* 7,070 U* 393 1,007 3,21*1; 717 1,1*29 530 1,000 1,137 1,307 2,121 Other capital accounts '"55.000 3,065 l'5,0l*5 3,609 5,251 2,533 2,551* 9,518 2,396 2r7l*U 2,1*58 2,186 3,61*1 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 27,935.581* 1722,576 8,U5l*,l*96 1706,1*58 2,1*83,315 11*73,776 1160,596 1*.610,651 1070,323 630, Ó08 1025,905 311;,512 2, 782,368 Commitments to make industrial advances 10,311* 111* 39 l,59l*. 01*6 1,006 118 — 1,627 — 1,150 — li.220 F*R. notes outstanding 12,78o,UT7 925,153 2,891,635 830,357 1,182,251* 330,956 • 597,213 2,1*91,71*7 51*6,922 315,591 1*1*5,610 280,980 1,392,051 Collateral for F*R*notes held by F#R.Agents: Gold certificates 12,526,000 083,-000 2,915,000 795,000 1,190,000 727,000 575,000 2, 500,000 1*30.000 320,000 1*1*5,000 237,000 l,l*0l*,000 Eligible paper 1*,-105 110 2,755 215 25 — -- — — 1.000 — — U.S.Govft securities 395.000 50,000 — 100,000 — 125,000 30,000 -- 85,000 -- 5,000 — — — MATURITY DISTRIBUTION OF BÌLLS ÀED SECURITIES liiiithin 16 to 31 to 61 to 91 days to 6 months 1 to 2 2 to 51 Over Total 15 days 30 days 60 days 90 days 6 months to 1 year years years 5 years Bills discounted 8,813 3,603 1,598 816 2,778 • 16 2 — — — Industrial advances 13.955 7,0E56 31*8 270 2,039 1,062 1,333 - 866 102 — U. S. Government securities, ~ direct and guaranteed 5,l*7l*,767 15I*, 315 1140,896 282,913 1*39,780 - 1*15,207 1*89,21*0 21*1,575 1,21*^,731; 2,067,107 l/ After deducting $1119,393* 000 participations of other Federal Reserve Banks, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 233a Released for publication Friday morning, February 5> 19l*3; n°t earlier. STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS CO!I B IN ED (In thousands of dollars) Increase or decrease since Feb. 3, J an. 27, Feb. 1*, 19U3 191*3 19U2 A S S E T S Gold certificates on hand and due from U, S# Treasury 20, 1*63, 780 - 29,1*99 •- 57,737 Redemption fund - F. R. notes 35,177 + 1,197 + 23,517 Other cash 596,930 - 27,379 + 1*6,71*1* Total reserves 20,895,887 - 55,681 + 12,521* Bills discounted} Secured by U. S* Gov1t obligations, direct and guaranteed 1*, 780 - 1,585 + 1,771* Other bills discounted ¿4,035 — 3,301 Total bills discounted 8,815 - 1,585 + 5,075 Industrial advances 15,955 + 2,01*9 + l*,95l* U. S# Government securities, direct and guaranteed; Bonds 2,606,78l* -111,001* +1,056,629 Notes 1,230,51U - 1*1,000 + 587,811* Certificates 359,665 -219,735 + 8 59,665 Bills ' 723,ool* +117,030 + 723,001* Total U# S. Government securities, direct and guaranteed 5,1*71*, 767 -251*, 709 +3,252,112 Total bills and securities 5,1*97,535 -251*, 21*5 +5,21*2,11*1 Due from foreign banks 1*7 F. R, notes of other banks 1*3,355 - 3,661* + 16,071 Uncollected items 1,565,1*1*2 + 115,280 + 551*.985 Bank premises 39,199 57 1,511 Other assets 9°,639 - 2,322 + 1*5,1(95 TOTAL ASSETS 27,935,581 -270,689 +3,667,705 L I A B I L I T I E S F. R. notes in actual circulation 12,502,229 +11*5,531* +5,950,537 Deposits: Member bank-reserve account. 12,91+1,697 -536,163. + 92,889 U. S. Treasurer-general account 1*8,885 - 73,1*69 - 527,562 Foreign 793,51*7 111* + 111,11*1 Other 361,972 - 25,592 - 322,579 Total deposits 11*, 11*6,099 -1*35,333 - 1*1*5,9H Deferred availability items ’ 1,09!*, 351 + 16,1*33 + 11*7,397 Other liabilities including accrued dividends , 5,1*61* 369 + 811 TOTAL LIABILITIES 27-, 51*6,625 -273,635 +3,652,381* C A P I T A L A C C OUNT S Capital paid in 11*6,721 1*1* + 3,798 Surplus (Section 7) 160,1*11 + 2,909 Surplus (Sectionl3b) 26,829 + 1*8 Other capital accounts 55,000 + 2,990 + 8,061* TOTaL LIABILITIES ,,ND CAPITaL ACCOUNTS 27,935,581* -270,689 +5,667,705 Ratio of total reserves to deposit and F, R, note liabilities combined 79-ff/o + ,&/o 12. C$ Commitments to make industrial advances 10,511* - 1,856 5,818 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Forra F. R.. 283b STATEMENT OF CONDITION, OF THE FEDERaL RESERVE BANKS ON FEBRUARY 3,. I9I+5 (In thousands of dolla.rs) ' A S S E T S Total Boston -New York Phila. Clsve. Rich. stianta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Gold certificates on hand and due from U. S. Treasury 20,1*65,780 111*9,278 6,623,910 1158,590 1,761,911* 998,052 826, 792 3,1*95,190 707,51*2 1*27,090 680,508 51*6,382 2,033,232 Redemption fund - F.R*notes 35>177 . 2,896 1,190 6,191 81*8 6,81*6 1,617 1,108 5,102 I70 786 305 8,122 Other cash 396,930 37,982 32,01*7- 28,073 53,528 25,001 21,210 1*8,852 19,533 9,271 ■ 12,353 13,5H 1*7,01*9 Total reserves 20,895,887 1190,156 6,712,153 1192,61*9 1,816,290 1027,399 81*9,619 5,51*5,150 752,252 1*56,551 Ó9Ù.127 560,693 2,138,1*03 Bills discounted: Secured by U*S. Govft obligations, direct and guaranteed ' 1*,780 110 2,755 215 51*0 25 -- — — 1,000 125 10 Other bills -discounted k, 035 — 1,708 330 1*01 172 11*0 1*83 120 83 112 120 30I* Total bills discounted 8,813 110 ¿*,1*63 595 91a 197 11*0 1*88 120 38 1,112 21*5 311* Industrial' advances 13,955 1*1*9 608 1*,1*26 1,230 657 1*35 105 7 372 1,926 29 3,711 U. S. Government securities, direct and guaranteed: Bonds 2,606,781* 192,1*1*0 693,655 205,078 21*6,159 159,11*1* 117,128 522,626 125,068 76,150 123,81*8 102,319 21*3,169 Notes 1,230,311* 94,518 5kc,c85 100,725 120,893 73,165 57,525 153,1*56 61,1*27 37À02 60,323 50,253 119,132 Certificates 859*665 65,1*63 228,753 67,631 81,173 52,1*85 38,626 106,596 1*1,21*5 25,112 1*0, Sù3 33,7u5 30,192 Bills 723,001* 1*7,087 11*2,221* 31*, 3,1*7 1*2,11*2 25,586 21,181* 265,158 58,00i* 22,615 25,752 15,11*2 50,285 Total U.S. Govft securities, . direct and guaranteed 5,1*71^,767 397,503 1,1*05,317 1*08*231 1*90,377 515,578 23I* ,1*63 852,616 265,71*1* 161,279 251,271 199,457 1*93,076 Total bills and r securities 5, li97,535 398,067 1,1*10,388 1*13,302 1*92,51*8 516,252 235,038 . 853,209 265,871 161,739 251*, 309 199,751 1*97,101 Due from foreign banks %7 3" 1/ 18 5 1* 2 2 6 ’ 1 ♦ 1 l 1* F.R. notes of other banks 1*8,835 963 ' 2,657 1,075 2,127 15,1*51 3,272 1*, 11*0 3,598 1,307 5,955 1,1*01* 7,106 Uncollected items 1,363,1*1*2 121* ,1*19 296,579 37,81*1 153,605 105, 553 67,015 191*, 181 62,551 26,91*2 61*,210 1*8,061* 127,897 Bank premises 39,199 2,717 9,805 li, 71*3 I*, 317 5,ol*o 1,722 2,911 2,109 1,307 . 2,796 • i,ol*7 2,635 Other assets 90,659 6,251 23,116 6,81*3 9,1*21* 5.591* 5,923 11,071* - 1*,381 2,732 14,507 . 3,567 _____9A72_ TOTAL A33ETS 27,935,581* "1722,576 8,1*5*1,1*96 1?06,1*58 2,1*83,315 11*73,776 1160,596 1*.610,65I 1070,325 650,608 1025,905 811*, 512 2,782,368 ♦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