H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 283 ST.iTHIiIii.NT FOR THE PRESS Released for publication Board of Governors Friday morning, April 23; of the Federal Reserve System not earlier. upril 22, 191*3 condition of the federal reserve brinks During the week ended April 21 meipiber lpank reserve balances decreased $826,000,000. Reductions in member bank reserves arose from increases of $31*3,000,000 in Treasury deposits with Federal Reserve Banks, $76,000,000 in money in circulation and $3,000,000 in nonmember deposits and other Federal Reserve accounts and decreases of $389,000,000 in Reserve Bank credit and $19,000,000 in gold stock, offset in part by an increase of $6,000,000 in Treasury currency. Excess reserves of member banks on April 21 were estimated to be approximately $2,31*0,000,000,. an increase of $180,000,000 for the week, There was a decrease of $376,000,000 in holdings of United States Govern­ ment securities. Bonds decreased $18,000',000 and bills $353,000,000. Changes in member bank reserve balances and related items during the week and the year ended April 21, 191*3» were as follows $ Increase or decrease •s inc e April-21, ApriL.li*, April 22, 191*3 I9U3 19i*2 (In millions of dollars) Bills discounted 11 - 1 + 7 U, S, Government direct obligations 6,276 -376 +3,981* U, S, Government guaranteed obligations 53 — + ¿*9 Industrial advances (not including 12 million commitments - April 21) 15 + l + 5 Other Reserve Bank credit 360 - 13 + 270 Total Reserve Bank credit 6,715 -339 +14,315 Gold stock 22,1*32 - 19 - 2ol* Treasury currency 1*,008 + 6 + 721* Member bank reserve balances 12,318 -326 - 152 Money in circulation 16, 500 + 76 +1*,Q 58 Treasury cash 2,236 + 1 + 1*7 Treasury deposits with F, R. Banks 1*71 +31*3 + 228 Nonmeiaber deposits and other F.R. accounts 1,679 + 3 - 11*3 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form t. ft. 233c STATEi.IL‘NT OF CONDITION OF THE FEDERAL RJSERv 943 (In thousands of doll \ Total Boston New York Phila. Clevo. Rich. iitl<5 ¿•¿inn. Kans.Cy. Dallas San Fran. i'mhm notes in actual circulation- ,9^9,906 952,635 2,863,376 921,012 1,197,313 331,441 626, 329,325 453,453 281,753 1,400,416 ) Deposits ,318,156 640,534 3,930,936 705,131 1,115,575 523,461* 514,096 1,377,297 ' 427,767 252,644 526,353 492,154 1,3H,650 471,488 33,464 ' 133,092 30,736 42,878 30,73 6 17,356 47,691 25,521 20,553 21,141 16,073 51,997 Foreign 911,865 25,383 l/a27,922 75,907 73,587 34,394 27,995 97,533 23,996 17,597 22,396 23,394 61,126 Other 460,489 7,512 257,633 17,953 36,784 15,490 8,381 3,500 23.299 ... 13.325 3.670 ...J*.6£>3- ¿2., 779. Total deposits ,161,998 706,893 4,749,533 329,857 1,260,824 604,134 567,323 2,031,271 505,583 304,619 579.065 535,734 1,473,552 ,300,043 119,403 253,423 67,598 136,966 99,977 76,327 210,424 59,733 25,330 68,958 56,821* i44,4so accrued dividends 7,319 728 1,804 446 478 476 237 841 201 ...... 170 1.332 ........1.9a - -357 TOTAL LIABILITIES ,439*266 1779,664 7,848,186 1813,913 2,603,581 1536,028 1271,489 4,802,1*26 1113,262 659,494 1107,358 874,560 3,023,005 Capital paid in 14^,995 9,519 53,660 11,685 15,281 5,937 5,235 16,435 4,612 3,167 4,795-■ 4,493 12,126 Surplus (Section 7) 160,411 11,160 58,001 15,670 14,767 5,236 5,725 22,925. 4,966 3,221 3,613 4,083 11,044 Surplus (Section 13b) 26,829 2,374 7,070 4, 393 1,007 3,21*4 717 1,429. 530 1,000 1,137 1,307 2,121 Other capital accounts 73,393 4,771 22,002 5,563 7,517 3,820 3,499 12,182 3.471 3,424 ... .3*507 3,004 ..3*633 TOTaL LIABILITIES ¿ND CAPITAL ACCOUNTS ,951,894 1807,988 7,988,919 1356,224 2,642,153 1554,265 1286,715 4,855,397 1126,841 670,306 1120,910 887,447 3,054,729 Coimitments to make indus advances 11,660 918 27 2,052 240 1,147 105 — 1,783 — 1,510 — 3,873 F.R*. notes outstanding 491,418 990,565 2,974,222 946,472 1,237,530 860,542 676,737 2,612,972 574,574 335,298 474,325 311,599 1,496,582 Collateral for F*R.notes held by F# It. Agents: Gold certificates 146,000 941,000 3,000,000 850,000 1,21*0,000 757,000. 660,000 2,640,000 400,000 340,000 475,000 ;319,000 1,524,000 Eligible paper 6,913 l,75Q 4,523 335 — 250 — — — — • — — U.S*Govft securities 525.000 50,000 100,000 — 125,000 50,000 — 195,000 — 5,000 — — MATURITY DISTRIBUTION OF BILLS AND SECURIÏ:ies Within 16 to 31 to 6l 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 — 11,133 7,703. 2,630 100 700 Industrial advances 14,590 11,330 156 239 218 992 327 650 178 — U. S# Government socur: direct and guaranteed 6,323,914 439,339 463,130 865,73 5 947,743. 314,250 571,400 351,100 883,221 1,442,446 l / After deducting $480,319,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F# R# 233& Released for publication Friday morning, April 23» I9li3# not earlier. STaTEUSNT■OF CONDITION . OF THE TWELVE FEDERAL RESERVE BANKS' COMBINED (In thousands of dollars) Increase or decrease since »• April 21, April ll*, April 22, 19U3 19U3 19U2 A S S E T S Gold certificates on hand and due from U. S.. Treasury 20,2711,915 - 19.502 - • 203,li90 Redemption fund - F, R. notes 141,003 - 1,162 + 25,522 Other cash 353,5ih 5,752 + 21,359 Total reserves ¿0,669» 512 - 26,1*16 156,117 Bills discounted: Secured by U. S. Gov»t obligations, direct and guaranteed 11,133 + 195* + 7,536 Other bills discounted' — ■ ■ - 1,000* 291* Total bills discounted .11,133 .. * 805 ; + 7,21*2 Industrial advances lU, 590 + 819 + ' ¿4,359 U. S, Government securities, direct and guaranteedi Bonds 2,01*2,567 - 17,300 + 137,961 ‘ Notes 9^,175 + • 291,675 Certificates 5)7,375 + 997,375 Bills 2,301,797 -357,961* +2.256,379 Total U. S, Government securities, direct and guaranteed . .6,322,3114 -375,761* +¿4,033,390 Total bills and securities 6,35^,637 -375,750 +j*. ol*5,l*9l Due from foreign banks h7 — — F. R. notes of other banks . . 5k,.133 + ¿t57 + 26.102 Uncollected items 1.660,233 -237,703 +' 572,357 Bank premises 33,991 10 1,637 Other assets 7^,291 - 5,669 + 29.931* TOTAL ¿»ssets 20,351,091* . -61*5,991 +!*, 516,630 l i a b i l i t i e s F. R. notes in actual circulation 12,969,^06 + 61*, 1*12 +14,255.520 Deposits» keinber bank-reserve aocount 12,318,156 t325,521* -. .151,1421 U. S. Treasurer-general account 1471,1*30 +3U3, + 220,711 Foreign 911,865 - 3,337 3,635 Other 1*60,1*39 - .335 - 155,093 Total deposits . 11*, 161,993 -1*85,01*3 - . 31,1*33 Deferred availability items '1,300,01*3 -221*. 533 + 303,069 Other liabilities including accrued dividends 7,319 3l*Q + 2,1*96 TOTAL LIABILITIES 2a, 1*39,266 '■ -61*6, 367 . +l*/l*79»61*7 C A P I T A L n C C -■ ONTS Capital paid in 1U6.995 + 63 + 3*606 Surplus (Section 7) . 160,1*11 __ + 2,909 Surplus (Section 13 b) . ’ 26,329 —■ + ' 1*3 Other capital accounts 70.393 + 1,203 • + 30,1*70 TOTAL LIABILITIES AND CAPITAL «OCuUHTS 2:;, 3 51,39I4 :-61* 5,091 +1*, 516,630 Ratio of total -reserves to deposit and F. R, note liabilities combined 76.2% + 1.1% lh.5% Commitmont. s to make industrial advances 11,660 67k 322 ♦Apr,. Ill figures revised. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283b STATEMENT OF CONDITION OF THE FEDERAL RS8ERVE BANKS ON APRIL 21, lgk3 (In thousands of dollars) à S S B T S Total Boston New York Phila. Clave* Rich. Atlanta Chicago St.Louis Minn.. Kans.Cy. Dallas- San Fran. Gold certificates on hand and due from U. S. Treasury 20,274,915 1226,786 5,1*6^*,037 1322,128 1,893,885 106?,044 884,732 3,697,950 634,6?8 466,360 751.931* 596,120 2,269,21*1 Redemption fund - F.R.notes 41,083 2;248 1,723 5,832 584 7,51*2 2,019 1,279 10,845 320 596 638 7,1*57 Other cash 353,511* 33,271 88,667 23,730 39,366 18,247 17,080 : 44,£*79 16,077 7,703 n,l*09 9,593 1*3,892 Total reserves 20,669,5l2’ l262,305 5,55!*,1*27 1351,690 1,933,835 1092,833 903,831 3,71*3,708 661,620 471*, 383 763,939606,3512,320,590 Bills discounted: Secured by U. S. Gov’ t obligations,. direct and guaranteed 11,133 1,750 1*,528 385 1*0 250 55 4,000 •mmm 125 Other bills discounted — — Total bills discounted 11,133 1,750 1*,528 385 40 250 55 4,000 ------ — — 125 — Industrial advances li*, 590 1,51*8- 606 1*,1*95 1,202 491 353 69 ------ 210 1,563 28 4,025 U. S. Government securities, direct and guaranteed: Bonds 2,042,567 11*8,95h 511,634 155,064 196,195 126,935 103,376 265,571 97,038 61,001 97,620 81,264 197,915 Notes 984,175 71,769 246,522 71*, 715 9I*, 533 61,162 1*9,811 127,960 1*6,757 29,393 1*7,037 39,157 95,359 Certificates 997,375 72,731* 249,828 75,717 95,801 61,982 50,478 129,677 1*7,583' 29,787 1*7,667 39,680 96,641 Bills 2,304,797 86,410 1,051,399 100,419 111,1*85 81,986 63,907 317,679 185,772 31*, 889 76,351* 1*4,593. 11*9,904 Total U. S. Gov’ t securities, direct and guaranteed 6,328,914 379,867 2,059,383 1*05,915 498,014 332,065 267,572 840,887 376,950 155,070 268,678 204,694 539,819 Total bills and securities 6,351*, 637 383,165 2,064,517 1*10,795 1*99,256 332,806 267,930 841*, 956 376,9.50:155,2ao 270,241 204,847- 51*3,841* Due from foreign banks 1*7 . 3 1/ 18 5 4 2 2 6 1 * 1 l 1* F.R. notes of other banks 5b,183 1,059 S', 562 2,039 2,629 5,638 5,11*3 6,214 1*,838 1,691* 6,690 2,91*5 6,732 Uncollected items 1,660,233 153,931 333,664 81,525 193,693 111*,989 io4, 515 248,303 77,927 35,368 73,779 ^,232 173*307 Bank premises 38,991 2,708 9,766 1*,719 1**289 3,030 1,684 2,902 2,099 1,302 2,781* - 1,033 2,673 Other assets 71*,291 1*,817 17,963 5,1*51 8,41*7 1*, 967 3,56o 9,308 3,1*06 2,279 3,1*76 ' 3,038 7,579 TOT-iiL ASSETS 28,851,894 1807,938 7,988,919 1856,224 2,642,153 1551**265 1286,715 4,855,397.1126,841.670*306 1120,910 887,41*7 3,054,729 ♦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