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, July 2; of the Federal Reserve System not earlier. July 1, 1914-3 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended June 30 member bank reserve balances decreased $138,000,000»^Reductions in member bank reserves arose from increases of $266,000,000/money in circulation, $161,000,000 in Treasury deposits with Federal Reserve Banks, $90,000,000 in .nonmember deposits and other Federal Reserve accounts and $7,000,000 in Treasury cash, offset in part by increases of $382,000,000 in Reserve Bank credit and $3,000,000 in Treasury currency. Exoess reserves of member banks on June 30 were estimated to be approximately $1,210,000,000, a decrease of $90,000,000 for the week. There was an increase of $li5l*.000,000 in holdings of United States Government securities. Bills increased $520,000,000, while bonds decreased $26,000,000, notes $3U,000,000 and certificates $6,000,000. Changes in member bank reserve balances and related items during the week and the year ended June 30, 191*3» were as follows* Increase or decrease since June; 30, June 23, JUly 1; 19U3 191*3 191*2 (In millions of dollars) Bills discounted 5 - Ill + 2 U. S. Government direct obligations 7.Hi8 +1*51* +14., 1^25 U. S# Government guaranteed obligations 5k + 1*9 Industrial advances (not including 12 million 13 — + 2 commitments - June 30) Other Reserve Bank credit 356 - 58 * 225 Total Reserve Bank credit 7.576 +382 +1*,703 Gold stock 22,387 -- - 352 Treasury currency it, 082 + 3 + 768 Member bank reserve balances 12,085 -138 - 107 i.'Icney in circulation 17., 1+20 +266 +5.00I4. Treasury cash 2,275 + 7 + 80 Treasury deposits with F. R. Banks 1*55 +161 - 30 -lonmember deposits and other F.R.accounts 1,811 + 90 + 173 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

0 rn ¿■'orni F. kv 233e Olii.TEMBlfT OF 1SONblTIOK! OF THfc k;;DEIaiL h:i;S3KVE BANKS ON JUNE 30, 1943 y ( In thouslands of d0liars) L I A B I L I T I E S Total Boston, New York Phila. Cleve* Rich. Atlanta Chicago St.Louis t\£inn. Kans.Cy. Da.lias San Fran. F.Ri notes in actual cir­ cuì a ti cn 13,372,422 988,605 3,070,948 972,165 1,252,992 895,642 722,247 2,696,235 584,340 339,560 495,559 523,530 1,550,799 Deposits s 12,054,540 638,057 4,067,972 632,351 999,696 500,749 480,127 1,806,219 4oo,466 250,605 536,508 459,150 1,512,860 •• 455,178 16,815 146,737 27,327 45,022 20,097 8,326 89,229 27,932 18,765 14,049 9,741 50.633 1,114,099 29,2.4.5 Ì /531/289 91,732 88,835 41,520 33,796 117,803 28,968 21,243 27,037 28,968 75,663 Other 368,480 6,882 263,638 4,544 16,204 8,578 2,476 2,939 12,400 9,331 2,059 2; 527 36,602 Total deposits 14,022,297 690,.999 5,009,636 755,954 1,149,757 570,944 525,225 2,016,I90 469’. 766 300,444 579,453 500,166 1,453,763 referred availability H ; 1,275,232 110,220 253,723 76,004 146,645 103.712 79,299 181,431 54.968 24,355 63,430 40,518 135,877 Other liabilities including accrued dividends 4,672 596 i,o4o 734 243 337 138 452 24e 103 529 75 177 TOT^L LIABILITIES 29, 174,623 1790,420 8,340,347 1804,857 2,549,637 1570,635 1320,909 4,894,308 1109,322 664,462 1139,021 864,089 3,120,616 Capital paid in 148,636 9,530 55.006 11,661 15,401 5.970 5,290 16,484 4,625 3,181 4,810 4,515 12,165 Surplus (Section 7} 160,411 11,160. 58,001 15,670 14,767 5.236 5,725 22,925 4,966 3,221 3,615 4,083 11,044 Surplus (Section 13^) 26,829 2,874 7,070 4,393 1,007 3,244 717 1,429 530 1.000 1,157 1.307 2,121 Other capital accounts 88,622 ■ 5,547- 25.076 6,388 8.386 4.392 3,928 13,445 4,030 3r654 4,o4i 5,547 6,388 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 29.599.-l21 1819,531'8.U85.500 1842,969 2,589,198 1589.477 1542,569 li,948,591 1125,475 675.518 1152.622'877;339'3.152,334 Oo.Tunitinents to make industrial advances 12,132 717 9 1,940 371 l,05o 61 — 1.619 3,000 — 3,359 F.K, notes outstanding lii.liOli.173 1025,320 3,171*.511 1004,455 1,295,062 921,877 765,9132,775,730 612,530 345,191 513,831; 350,294 1,619,450 Collateral for F*R.notes held by F.R.Agents* Gold certificates 13.802,000 937,000 3,190,000 925,000 1,300,000 807,000 695,000 2,791,000 350,000 350,000 510,000 358,000 1,649,000 Eligible paper li.835 3.135 1.350 — — — — — 100 200 50 br. S. Gov1 t 745,855 100,000 100,000 -- 125,000 75.000 . — 338,833 5,000 securities MATURITY DISTRIBUTION OF BILLS ;iND SECURITIES Within lo to 31 6l to 91 days to 6- months ■’ l .to 2 2 to 5 Over Total 15 days 30 days 00 days 90 days ■ 6 months . to 1 yaar years years 5 years Bills discounted 4,990 - 4,290 I50 350 200 -- Indu s t ri u1 advenee s 12,676 . 10,339 34 575 420 2lili 574 359 ; 131 U. S. Government securities, direct and guaranteed 7,202,183 769,884 422,260 1,479,521 1,309,440 920,730 426,600 239,600 751,671 882,477 l / After deducting $579,244.000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. k. 283a Released for publication Friday morning, July 2, 19^35 riot earlier. STaTELJBNT OF CONDITION OF TH3 TVilELVB FEDERAL RiSEhVE BANKS COMBINED (In thousands of dollars) Increase or decrease since June 30, June 23, July 1, 1943 1945 191+2 A Sf S E T 8 Gold certificates .on' hand and due* frorn IT. S# Treafcuiy* 20,170,716 999 -379,911 Redemption fund - F.’R.- notes- 53,673 :- 1,087 + 38,631 Other cash 357,587; -26,187 + 98,31+0 ‘Total reserves < . 20.581^976’ -28,273 :-2i*2,9l£> * V * *' % Bills discounted*.,. Secured by U. S. Gov*t obligations, direct and guaranteed ¡4,990; -13,9148 +■ 3,210 Other bills discounted — ■- 1,563 ’^otal bills discounted * > *14,990 -13,9148 V 1,61+7 Industrial advances 12,676 ll4 + 2,126 U. S. Government securities, direct and guaranteed: Bonds 1,1+9" > 3lj6 ‘ -25,1+00 '-121,335 Im ot e s 796,900 -31+, 500 + 79,625 Certificates 1,091,700 - 6,500 +1*018,948 Bills 3,815,255 • ♦520,1+56 +3,1+96,505 Total U. S. Government securities, airect and guarantebcT’ 7,2(52/185 ‘ +Il5l4,056 +1+, i+75,71+5 Total bills and securities +lii[o,d9l+ +1+*1+77,515 Due from foreign banks 13.7 + 90 F. R. notes of other banfts 6^,51+S - 2,8l+7 + .39,716 Uncollected items 1,631,018 -66,679 +1+85,770 Bank premises 58,961 38 - 1,1+61+ uther assess 61,652 + 3,1+56 •+ 18,991}t .■ . * TOTAL ASSETS 29,599,121 +51+5,715 +¿,777,681+- LI A B I L I T I E S F. k. notes in actual circulation. 13,872,42? +237,628 +hi 1+63,280 Deposits: Member bank-reserve, account ' 12,081+, 540 -138,702 ' -107,013 U. S. Treasurer-general account 1+55,178 +161,1+52 - 30,186: Foreign , i,llJ+,099 + 32,5152 +226,070, Other v . , ; - * 368,1+80' + 63,890 - 86,921 Total deposits 11+, 022,297 *119,172 + ’ J,V5 0 Deferred availability items 1,275,252-. - 8,651 +260,881 Other liabilities including accrued dividends It,672 - 3,779 + 2,796 TOTAL LIABILITIES W ,lW ,bW 73JOTJ +l+,7307907. C A P I T A L >1 C;g 0;*U N T S , Capital paid in v ; 114.8,636 + . Ill + 3,752 Surplus (oectijon 7) • '** 160,411 : + 2,909 Surplus (section 13b) 26,829 - - + 48 other capital accounts 88,622 + 1,232 + 140,068 T0T.iL LIABILITIES Mp CaPITaL ACCOUNTS 29,599,121 +31+5,715 +l+,777,68l+' katio of total- reserves to deposit and F. k. note liabilities combined 73 M - l.Ofo -•15.1$ . , % 1 Commitments to make, industrial advances 12;152' 553 1+,96S Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F ,.R. 233b STATEMENT OF CONDITI® OF THE FîffiERAL RESERVE BANKS ON JUNE 30, 191+3 (In thousands of dollars) A S S E T S Total Boston Nüw York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Gold certificates on hand and \ due from U.S. Treasury 20,170,7161265^+11+ 5478,753121+9,205 1,895,695 1100,965 961,1+57 5684,257 565,190 486736 796,141 611612 2,377,315 Redemption fund - -f.K.notes 53*673 5*605 1,215 5*657 55k 7,202 4,590 1,478 20,596 235 424 467 6.072 Other cash 357,587 29.751 86,769 25,522 27,157 31,71+9 16,545 46,551 12,816 9172 18,220 9945 45,594 Total reserves 20,581,976 1300,770 5,266,737 1278,361+ 1,921,201+ 1139,916 982,190 5732,266 598,602 496141 814,785 622022 2,428,979 Bills discounted: Secured by U. S# Gov1t obligations, direct and guaranteed i+,990 5455 1,550 75 55 — — ■ — 100 200 50 25 — Other bills discounted mmmm — — — — — -- . —- — — — — Total bills discounted i+,990 3,135 1,550 75 55 -- — — 100 200 50 25 Industrial advances 12,676 1.695 588 i+,688 889 1+18 237 65 — 48 50 18 4,000 U. S. Government securities, direct and guaranteed: Bonds 1,498.348 109*186 366,569 112,509 “11+5,516'' 94,951 77,039 198,599- ‘71,510 1+4676* 71,595 59905 147,915 Notes 796,900 58,071 194,961 59,751 76,225 50^+89. .41,599 105,625 38,055 23761 58,077 51861 78,669 Certificates 1,091,700 79.555 267,085 81,829 104,418 69468 56,714 1144,698 52,105 32552 52,162 45647 107,769 Bills 3,815,235 120 ,863 1,990.1+80 199,951 122,852 105,257 76,756 518,510 286,822 43706 85,409 65656 205,055 Total U. S, Gov11 securities, direct and guaranteed 7 ,202 ,183 567,675 2,819,095 1+55,820 1+1+6,789 519,825 252,688 967,452 1448,468 1I44695 245,241199049 557,406 * Total bills and securities 7 ,219,81+9 572,505 2,821,033 I+58*,585* - 141+7,735'• 520-,21+5 252,925 967,497 * 41+8,568 11+4943 245,521 199092 54i ,4o6 Due from foreigi banks 137 3 1/ 56 15 13 6 5 17 3 2 4 4 11 F. k. notes of other banks 65 »5U& : 1,311+ lT,l6l 2,1+00 5,568* 7,402 6,-277 7,451 4,051 1342 6,149 221+4 12,589 Uncollected items 1,651,018 *38,305 562,668 9k,523 205,501+ • 114,865 96,456 229*531 67,258 29807 80,144 50456 160,905 Bank premises 38,961 \ 2,691+ 9,715 4,684 4,270. 5,221 1,675 2,885 2,087 1295 2,775 1010 2,654 Other, assets 61,652 -3,91+2 1^,152 l+»l+02 7,106 5 ¿821+- ‘ 5,o4i 8,914+ 2,904 - 1988 2,81+6 25II 5,992 TOTiiL ASSETS 29,599 ,121 1819.531 8,485,500 181+2,969 2,589,198 1589,1+77 131+2,569 1+91+8,591 1123,475 675518 1152,622 877339 3,152,334 After deducting $81,000 participations of other Federal Reserve Banks« Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis