H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 233 STATEMENT FOR TK3 PRESS Released for publication Board of Governors Friday morning, June [¡.; of the Federal Reserve System not earlier, June 3, I9I4.3 CONDITION OF THE FEDERAL RESERVE BiJiKS During the week ended June 2 t&ttnber bank reserve balances increased $219,000,000. Additions to member bank reserves arose from, decreases of $339•000,000 in Treasury deposits with Federal Reserve Banks and $130,000,000 in nonmember deposits and other Federal Reserve accounts, and increases of $1;2,000,000 in Reserve Bank credit, $3*000,000 in Treasury currency and 552,000,000 in gold stock, offset in part by increases of 000,000 in money in circulation and $5,000,000 in Treasury cash. Excess reserves of member banks on June 2 were esti­ mated to be approximately $1,630,000,000, an increase of $130,000,000 for the week. There was an increase of $36,000,000 in holdings of united States Govern­ ment securities. Bills increased i7'¿j000,000, while bonds decreased $32>000,000 and notes $8,000,000. Changes in member bank reserve balances and related items during the week and the year ended June 2, 19^3, were as follows * Increase or decrease since June 2, i:ay 26, June 3 19^3 1943 1942 (In millions of dollars) Bills discounted 21 „ + 15 U. S. Government direct obligations 6,165 + 56 +3,638 U. S, Government guaranteed obligations 5k — — + 47 Industrial advances(not including 13 million commitments - June 2) 15 — + 2 Other Reserve Bank credit 284 ♦ 6 ♦ 110 Total keserve Bank credit 6,535 + 42 +3,812 Gold stock 22,427 + 2 - 288 Treaaury currency 4,075 + 3 + 769 Member bank reserve balances 12,057 + •219 - 596 Money in circulation 17,196 + 294 +5,055 Treasury cash 2,272 + 5 + 84 Treasury deposits with F. k. Banks 6 - 339 - 104 Koniuenber deposits and other F.R,accounts 1,507 - 150 - 144 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Fona F. K. 283c STATEMENT OF CONDITIC® OF THE FEDERAL RESERVE BANKS GÎÏ JUNE 2, 1943 * . (In thousands of dollars) ^ L I A B I L I T I E S Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn» Kans.Cy. Dallas San Fran. F> R. notes in actual cir­ > culation 13,622,833 980,600 2,999,751 960,829 1,234,641 876,896 696,674 2,671,785 575,064 336,745 485,206 311,925 1,492,719 Deposits: - Member bank-roserve acct. 12,056,525 621,281 4,007,382 630,688 1,046,004 522,703 500,193 1,813,029 405,596 254,179 535,977 475,975 1,245,518 U.S.Treasurer-general acct 6,120 187 1,287 216 278 127 229 646 165 ' 1,243 1,017 206 519 Foreign 967,582 26,197 lA59,l4l 79,920 77,396 36,174 29,444 102,634 25,233 18,508 25,555 25,253 64,157 Other t 224,429 • 4,387 115,349 8,659 13,190 10,791 2,557 3,H4 13,241 10,428 2,650 2,775 36,735 Total deposits 13,254,656 652,552 4,5-33,159 719,483 1,136,868 569,795 532,423 1,919,423 444,24o 234,353 561,199 504,194 1,546,962 Deforced availability items 1,251,919 -102,743 250,794 67,815 130,316 95,040 56,486 239,499 55,667 26,339 72,255 48,362 106,623 Other liabilities including accrued dividends 7.176 873 1,944 594 604 481 256 366 277 170 481 180 450 TOTaL LIABILITIES 23,136,^84 1736,768 7,835,648 1748,721 2,502,42? 1542,212 1285.839 4,831,573 1075,248 647,612 1119,121 864,659 2,946,754 Capital paid in 147,376 • 9>520 53,909 11,673 15,308 5.9& 5,285 16,474 4,629 3,173 4,300 4,495 ’ 12,133 Surplus (Section 7) i6o,.4ll ■ 11,160 50,001 15,670 14,767 5,236 5,72-5 22,925 4,966 3,221 3,615 4,085 11,044 Surplus (Section 13b) 26,829 • 2,874 7,070 4,393 1,007 3,244 717 1,429 530 1,000 1,157 1,507 2,121 Other capital accounts 34,509 5,220 23,731 6,056 8,051 4,164 3,757 12,917 3.817 5,597 5,351 5,209 6,031 * TOTAL LIABILITIES AilD CAPITAL -iCCOUNTS 28,555,709 -1765,550 7,973,409 1786,518 2,541,562 1560,818 1301,323 4,385,313 1039,190 658,603 1152,522 377,755 2,978,133 Commitments to mako industrial advanc s 12,876 717 10 1.971 350 1,247 73 — 1,319 — 5,025 — 5,661 F. h. notes outstanding 14,053,556 1002,903 3,094,005. 933,834 1,272.077 896,656 733,233 2,711,965 603,709 343,540 500,577 553,724 1,567,553 Collateral for F.R. notes held by F.R.Agents: Gold certificates 13,556,000 966,000 3,105,000 900,000 1,280,000 787» 000 685,000 2,700,000 300,000 545,000 500,000 344,ooo 1,584,000 Eligible paper 20,683 1,215 5,458 4,535 — 125 — --- 9,300 — 50 U.S.Gov’ t securities 664,680 50,000 — 100,000 — 125,000 60,000 324,680 **— 5,000 — -- Maturity distribution of bills and securities • Within 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 21,178 14,390 1,050 -163 5,575 ...» — Industrial advances 12,999 ,10,221 41 175 473 694 619 625 151 ■ - : U. S. Government securities9 ’ direct and guaranteed 6,216,583 525,332 539,684 1,064,746 646.273 689,050 417,100 332,000 337,871 1,114,477 l/ After deducting $506,457#000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R, 283&. Released for publication Friday morning, June 1*, 191*3. earlier STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since June 2, May 26, June 3, I9h3 191*3 191*2 A S S E T S Gold certificates on hand and due from U. S. Treasury 20,212,817 + 7.1*00 303,313 Redemption fund - F. R. notes 51.556 - I.279 ♦ 36,517 Other cash • 31*3,083 - 27,209 + 71*,995 Total reserves 20,607,it 61 - 21,088 - 191,801 Bills discounted* Secured by U, ¡3. Gov’ t obligations, direct and guaranteed 21,178 205 + 10,392 Other bills discounted — 1,090 Total bills discounted 21,178 • 205 ♦ 15.3Ö2 Industrial advances 12,999 52 + 2,o6l* U. S. Government securities, direct and guaranteed» Bonds. ■ 1,737.21*3 - 31.750 + 127,316 Notes 9^0,200 - 8,100 + 21*1*, 525 Certificates 1,099,200 — +1,067,100 Bills 2,1*39.935 + 75.350 +2,21*5, 51*6 Total ü. S, Government securities, direct ,and guar tait sad 6,216,533 + 36,000 +3,681*,1*95 Total bills and securities 6,250,760 + 35.713 +3,701,861 Due from foreign, banks 137 -- + . QO F. R. not -s of other banks 50,027 - 5.153 + 23,313 Uncollected items 1.535.669 +111,819 + 372,91*0 Bank premises 38,328 h9 1,689 Other assets 72,807 + 216 + 23,320 TOTAL ASSETS 23,555.709' +121,1*83 +3.928,53** L I A B I L I T I E S F. R. notes in actual circulation 13,622,833 +266,865 +1*, 1*33,596 Deposits« Lo mb e r bank-reserve account 12,056,525 +218,100 - 596,568 U. S. Treasurer-general account 6,120 -333,779 - 103.7U8 Foreign 967.582 + 8,766 + 25,027 Other 2214,1*29 -139.501* - 191.127 Total deposits 13,25!*. 656 -251,1*17 - 866,1*16 Deferred a vai liability items 1,251,919 +105,663 + 262,792 Other liabilities including accrued dividends 7.1.76 828 + 1 , 600 TOTAL LIABILITIES 23,136,531* +120,233 +3.336,572 c a p i t a l a c c o u n t s Capital paid in 11*7.376 1* + 2,701 Surplus (Section 7) 160,1*11 - - + 2,909 Surplus (Suction ljb) 26,329 W m + 1*8 Other' capital accounts 8l*,509 + 1,209 + 36,30I* TOTAL LIABILITIES AND CAPITAL ACCOUNTS 23,555.709 +121,1*88 +3,928,531* Ratio of total reserves to deposit and F. R. note liabilitiescombincd 76,77« - tifo - 12,7% Corami talents to make industrial advances 12,876 .9 767 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

F^rm F. R. 283b STATEMENT OF GGRDZTIQST OF THE FEDERAL RESERVE BANKS ON JDNE 2, I9U3 (In thousands of dollars) .A S S E T S Total Boston New York Phila. Clove. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Gold certificates on hand and due from U. S. Treasury 20,212,817 1225,066 5,1*51*,230 121*2,033 1,361*,619 1086,137 9hB,k3k 3,738,463 621,167 1*70,SQ1 763,409 610,263 2,133,100 Redemption fund - F.R.notes 51,556 2,829 1,166 6,067 61*2 7,720 3,626 783 20,6&7- 266 2*83 537 6,725 Other cash 31*3,038 29,71*7 80,752 21,869 31,211 29,830 111,537 38,853 12,21+9 3,002 13,532 q-.553 I1G.II18 Total reserves 20,607,1*61 1257,61*2 5,536,11*8 1269*989 1,896,1*72 1123,687 966,597 3,778,099 65U, 103 1*79,159 782,1*29 620,163 2,21*2,973 Bills discounted; Secured by U.S. Gov’t obligations, direct and guaranteed 21,178 1,215 5,1*58 i*,535 1*0 125 200 ~ 9,300 — 50 225 30 Othar bills .discounted __ __ _ __ __ __ _ _ __ Total bills discounted 21,173 1,215 5,1*58 It, 535 1*0 125 200 ... 9,300 - - 50 225 30 Industrial advances 12,999 1,732 605 U,796 978 1*31 257 69 mm » 1*9 1*2 19 1*,021 U. S. Government securities 9 direct and guaranteed: Bonds 1,737,21*8 126,61*7 1*30,671* 131,113 166,557 108,891 88,952 227,311* 82,700 51,81*6 33,020 69,268 169,731 Notes . 91*0,200 68,51*1 233,081* 70,976 90,11*2 58,93U 1*8,11*1 123,292 1*1*,758 23,061 ltl*,930 37,1*85 91,856 Certificates 1, 099,200 80,133 272,1*98 82,981 105,385 68,898 56,282 11*1*, 11*1* 52,326 32,801* 52,529 1*3,827 107,393 Bills 2,1*39*935 95,713 1123,1*01; 123,821 100,795 82,636 57,621 315,253 172,580 30,711* 76,210 1*!*, 090 . 21L.Q9.8. Total U. S. Govrt securities, - * direct and guaranteed 6,216,583 371,031* 2,059,660 1*08,926 1*62,879 319,359 250,996 810,503 352,361* 11*3, lt2 5 256,689 19ù,670 586,078 Total bills and securities 6,250,760 373,981 2,065,723 1*13,257 1*63,897 319,915 251,1*53 310,572 361,66k 11*3,1*71; 256,781 I9li,9l4 590,129 Due from foreign banks 137 3 1/ 108 5 1* 2 2 6 1 * 1 •1 1* F. R. notes of other banks 50,027 923 7,61*3 2,021 2,173 l*,5li* it, 787 l*,83l* 3,191 1,669 5,620 2,859 9,793 Uncollected Items 1,535,689 125,1*26 31*1,686 86,536 166,267 105,153 73,182 279,1*07 61*, 683 30,588 81,389 55,687 125,685 Bank premises 38,S28 .2,698 9,732 1*,695 !*,279 3,017 1,678 2,890 2,091 1,297 2,773 1,018 2,660 Other assess 72,807 ‘.h* 377 17,369 5,015 8,1*70 1*,530 3,621* q.sio 3.1*57 2,1*21 3,529 3,111 6,89k TOTAL ASSETS 28,555,709 1765,550 7,978,1*09 1786,518 2,51*1,562 1560,818 1301,323 1*,885,318 1089,190 658,608 1132*522 877,753 2,978,138 ♦Less than $500. 1/ After deducting $29,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis