H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. K. 283 STATEMENT FOR THE PRESS Released for publication Board of Governors Friday morning, August 13; of the Federal Reserve System not earlier. August 12, I9U3- CONDITION OF THE FEDERAL E-iiSSRVE BAMS During the week ended August 11 member bank reserve balances increased $120,000,000« Additions to member bank reserves arose from a decrease of $103,000,000 in Treasury deposits with Federal Reserve Banks and an increase of $136,000,000 in Reserve Bank credit, offset in part by an increase of SO7#000,000 in money in circulation and decreases of $29,000,000 in gold stock and §2,000,000 in Treasury currency, -Excess reserves of rnenber banks on August II were estimated to be approximately $1,200,000,000, an increase of $170,000,000 for the week. There was an increase of $152,000,000 in holdings of United States Treasury bills. Changes in member bank reserve balances and related items during the week and the year ended August 11, I9k3s were as follows 5 Increase or decrease since Aug. 11, Aug. k, ^ug. 12, 19^3 191+3 I9k2 (In millions of dollars) Bills discoùnted 2h + 6 U. S. Government direct obligations 3,281+ + 152 U, S. Government guaranteed obligations 33 Industrial advances (not including 12 million commitments -.August 11) 12 1 Other Heservo Bank credit 365 23 + 258 Total Reserve. Bank credit 8,718 +5,206 Gold stock 22,306 1+36 - Treasury currency li, 09I C r . \ + 759 Member bank reserve balances ■ 12, It 56 + 120 - 253 Money in circulation 18,101 + 87 +5,231 Treasury cash 2,281 + 75 Treasury deposits with F. R. Banks 295 103 + 121 iionmembor deposits and other ‘F.H.accounts 1,982 + 355 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form s'. R. 28Jc STATEMENT OF CONDITION Of1 THE FISDEIû-L RESERVE B_^KS ON ¿JJGUST il, 19I+5 ( In thousands of doll.¿rs) L I A B I L I T I E S Total Boston New York Phila. Cleve. Rich, Atlanta Chicago St.Louis Liinn. Kans.Cy. Dulias San Fran. i-'. R. notés in actual cir­ culation 11*,522,391+ 1032,1*79 3,193,31*9. 1016,237 1,321,81*7 91+2,683 766,21*3 2,311,837 607,732 31+5,753 52l*,l*0l+ 31+0,666 l,6li+, 159 Deposits*' hember bank-reserve acct. 12,1*55,8014. 652,790 1*,219,956 653,957 971+, 035 515,260 501+.753 l,37l+,229 1*26,925 268,281* 51*7,701* i+89,235 1,323,621 U.S.Treasurer-general acct. 295,1*66 21,11*3 53,766 23,368 31,873 18,063 12,1*52 59,01+0 12,385 12,397 7,1+16 9,506 35,052 Foreign 1,272,11*1 31,355 1/ 795,160 106,998 103,619 1+3,1+31 39,120 137,1+03 35,739 21*, 773 31,536 33,739 85,353 Other 379,151* 5,121 - 272,050 ¿+,330 3,61+1 5,91+9 3,003 li, 33I 12,636 7,979 l+,076 ■ 6,005 l+l*,9l+3 Total deposits 11**1*02*565 710,1*11* 5,11*0,932 700,653 1,113,218 537,703 559,713 2,075,003 1+06,235 313,933 590,732 533,555 1,1*92,1*79 Deferred availability items 1,156,030 79,068 226,660 70,633 108,095 95,21+1 69,915 167,739 52,737 25,000 65,912 1+1,732 155,206 Other liabilities including accrued dividends 5,51+6 661* 1,933 I+90 1+99 167 172 596 221* 165 21*2 103 281 TOTAL LIABILITIES 30,086,51*3 1822,62 5 8,567,879 1876,063 2,51*8,659 1625,799 1396,01+8 5,055,130 111+6,973 681*,356 1131,290 921,01*1 3,260,125 Capital paid in 11*9,022 9,532 55,032 11,706 15,1+36 6,030 5,31+3 16,55? li,636 3,135 ¿+, 3l*2 U, 555 12,181 Surplus (Section 7) 160,1*11 11,160 58,001 15,670 1U, 767 5,236 5,725 22,925 • ¿+,966 3,221 3,615 i+,083 11,01*1+ Surplus (Section 13b) 26,329 2,371* 7,070 ¿+,393 1,007 3,21+1+ 717 1,1+29 530 1,000 1,157 1,507 2,121 Other capital accounts 90,796 5,621 25,31*0 6,570 5,577 1+.1+70 1*,011 13,731 l+,070 3,765 1+, 112 5,1+28 6,601 TOTAL LIABILITIES ¿ND CxlPITaL accounts 30,513,601 1851,812 8,713,822 1914,1*02 2,533,1*1*6 161*1*,779 11*11,81+9 5,109,821* 1161,180 696,027 H9l+,99l+ 931+,39!+ 3,292,072 Commitments to make industrial advances 11,979 715 9 l,99l+ I+72 993 61 -- 1,1+77 5,000 *■“ — 5,258 F. R. notes outstanding 15,031,530 1075,027 3,299,219 101*6,290 l,35U,305 967.772 811,155 2,861+,521 633,081 350,579 51+5,070 569,371+ 1,710,357 Collateral for F.R.notes held by F.R.Agents* Gold certificates 11*, 029,000 980,000 2,920,000 950,000 1,360,000 857,000 725,000 2,870,000 350,000 352,000 51+0,000 376,000 1,71+9,000 eligible paper 23,1*65 6,000 8,830 7,905 -- 1*80 -- -- . 150 -- 100 — -- U.S.Gov’ t securities 1,161*,217 100,000 1*00,000 100,000 -- 125,000 100,000 -- 331+,217 -- 5,000 — — — MATURITY DISTRIBUTION OP BILLS .ÆD S?JCURITIES Within 16 to 51 to 61 to 91 days to ' 6 months 1 to 2 2 to 5 Over Total, 15 days 50 days 60 days 90 days 6 months to 1 year years years 5 years Bills discounted 21+, 230 17,995 1+.505 1,080 650 — — — — — Industrial advances 11,607 10,026 59I+ 11+7 51+ 361 256 525 126 — U..S* Government securities. direct and guaranteed 3.517,556 767,755 675,605 2,191,327 1,990,671 206,100 659,650 239,600 658,671 359,1+77 1/ After deducting $672,11*5,000 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, August 13,l9u3; not earlier. STaTE/iENT OF CONDITION OF THE TWELVE FEDERAL RESERVE B^KS COMBINED (In thousands of dollars) Increase or decrease since AUg. 11, 1+, Aug. 12, 191+3 l?l+3 191+2 A S S E T S Gold certificates on hand and due from U. S. Treasury 20,069,2114 - 39,002 1477,1427 Redemption fund - F, R. notes 71,957 + 17,531+ + 59,015 Other cash 333,931 - 6,757 32,267 Total reserves 20,1475,152 - 23,225 — 336,11+5 Bills discounted* Secured by U. S, Govft obligations, direct and guaranteed ■214,230 + 6,710 4 20,560 Other bills discounted • — - 1,596 Total bills discounted £'¿4,230 + 6,710 + 13,9614 Industrial advances 11,607 139 - 1,21*1 U. S. Government securities, direct and guaranteed* Bonds 1,1475,31+3 «» m* 171,533 Notes 725J4OO — - 14,705 Certificates 1,091,700 — + 763,8142 Bills 5,026,833 +151,993 ♦i-ij,337,81+3 Total U, S., Government securities, direct and guarantee? 6,317,336' +151,990 +4,,930,1+147 Total bills and securities 8,353,253 +153,56? ,91+8,170 Due from foreign banks 127 7 30 F. R, notes of other banks 62,370 232 + 35,661 Uncollected items 1,521,120 - 91.581+ + 397,6814 Bank premises 33,632 + 1 - 1,769 Other assets 62,91+7 + 637 + 114,381 TOTiiL AbbETbi 30,513,601 + 39,159 +5,,053,562 L I A B I L I T I E S F* R. notes in actual circulation 11+, .522,3914 + 39,563 ,681,61*2 Depositsi Member bank-reserve account 12,1+55,801+ +119,726 _ 252,81*1 U. S, Treasurer-general account 295,1+66 -102,113 + 121,1489 Foreign 1,272,1)41 + 25,196 + 303.523 Other 379,151+ - 214,120 - 63,687 Total deposits 114,1+02, 565 + 13,6314 + 133,1*314 Deferred availability items 1,156,033 - 69,205 + 139.1*38 Other liabilities including accrued dividends 5,51+6 22]* + 1,715 TOTAL LIABILITIES 30,036,51+3 + 30,323 +5. C P I T L A C C O UNT S a Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts TOTaL LIABILITIES AND Ca?IT,iL ACCOUNTS Ratio of total reserves to deposit and F.R. note liabilities combined Commitments to make industrial advances 0 1—1 I—< CVJ £ 11*9,022 + U3 3,836 160,1411 ...... + = 2,909 26,329 -« 1+3. 30, iy6 + 233 1*0, ¿4I4O 30,513,601 * 39,159 +5,,058,562 70.3% • h% - 15.7% 11,979 + 1143 - 5,130 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Fora F. R. 283b STATEMENT OF CONDITION OF THE FI2DERAL RESERVE BANKS ON AUGUST 11, lgl+5 (In thousands of dollars) s S Hi T 3 A Total Boston Nov; York Phila, Cleve. Rich. Atlanta Chicago St.Louis Minn. nuns. Cy# Dallas San Fran. Gold certificates on hand and due from U.S. Treasury 20,069,211+ 1250,955 b,31+6,601 121+0,635 l,796,li7l+ 11514,518 993,059 5,71*2,550 679,855 hlb, 555 3I42, 10*4 621;, O6O 2,1;11,090 Redemption fund - F.k.noti 33 71,957 5,11*1* 20,1469 5,613 790 6,731 6,569 88? 20,1401 156 792 521* 1;,026 Other cash 333,981 23,257 • 814,753 25,1400 25,-75 29,925 16,790 1+0,2314 12,917 8,563 16,118 3,7l5 58,575 Total reserves 20,1+75,152 l28l+,356 U,951,303 1279,853 1,821,139 1191,022 1021,198 3,705,701 715,175 ¿485,277 859,0114 655,127 2,U55,U89 Bills discounted: Secured by U.S. Gov't obligations, direct and guaranteed 211,230 6,000 3,330 7,905 ¿+05 I48O — — 150 — 100 50 230 Other bills discounted — -- — -- — — — — — — — -- — Total bills discounted 21;, 230 6,000 8,850 7,905 1*35 ¿480 — — 150 — 100 50 230 Industrial advances 11,687 1,1; 61+ 159 ¿4,679 660 575 255 ¿4 — U5 50 18 U.ooo U. S. Government securities, direct and guaranteed: Bonds 1.Ü75.5U8 119,263 257,352 122,067 173,231 96,¿425 86,722 205,81+7 148,160 50, 2i;9 72,355 7l*,712 169,957 Riot es 723,1*00 58,1*73 126,1+21 59,855 814,961; 1;7,279 ¿42,522 99,951 25,6114 214,653 55,715 36,655 33,551* Certificates 1,091,700 88,21+9 190,785 90,526 123,220 71,5^9 614,170 150,853 55,658 57,185 55,091* 55,285 125,765 Bills 5,026,888 11+0,51*6 2,85^,106 252,756 19^ 0l+9 115.196 90,57i 6I4O,16O 270,900 65,605 85,051 76,832 2l;3,266 Total U.S. Govft securities, direct and guaranteed 3,317,336 1406,536 3»U29,iitU 525,002 580,511; 330,2J;7 205,785 1,0914,796 370,312 177,675 2Ì45.1495 2145,512 622,320 —i-- Total bills and securities 8,353,253 It 114,000 5,1*53,155 557,536 581,659 551,102 28*4,058 l,09l;,800 370,1462 177,720 2U5,625 21*5,580 626,550 Due from foreign banks 127 3 1/ 1+6 15 15 6 5 17 3 2 1* 1; 11 r’.R. notes of other banks 62,370 1,61+3 9,555 2,560 2, ¿461 6,200 6,571 6,71*1* ¿4,302 1,815 7, ¿*1*9 2,229 11,156 Incollected items 1,521,120 1I+Ì4., 650 292,1+01+ 35,555 170,802 109.1+19 95,132 212,961 60,860 29,705 77,087 51,299 191,593 Bank premises 38,632 2,689 9,695 U,672 ¿4,261 2.97U 1,671 2,0814 2,005 1,292 2,761 1,002 2,61+8 Other assets 62,9147 14,1460 12,106 ¿4,565 8,111 3,976 5,3314 8,717 2,297 2,218 5,056 5,155 6,820 TOTaL ASSETS 30,513,601 1851,812 3,713,322 l9lù,l+02 2, 50 S. ¿+.1+6 i6l4l+,779 ll411,81+9 5,109,321; 1161,180 696,027 ll9l+,99k 93h,39b 5,292,072 l / After deducting $81,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis