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, November 5? Federal Reserve System not earlier. November 1*, 19^3 CONDITION OF THE FSDSKaL RfibSRVE BANKS During the weeic ended November 3 member bank reserve balances increased $61*,000,000. ".Additions to member bank reserves arose from increases of $11*9,000,000 in Reserve Bank credit and $3,000,000 in Treasury currency and a de­ crease of $196,000,000 in Treasury deposits with Federal Reserve Banks, offset in part by increases of $261*,000,000 in money in circulation and $3,000,000 in Treasury cash and a decrease of $16,000,000 in gold stock. Excess reserves of member banks on November 3 were estimated to be approximately $1,000,000,000, an increase of $20,000,'00..for .the week. There was an increase of $185,000,000 in holdings of United States Government securities, 3ills increased $15i*,000,000, certificates $20,000,000 and bonds $11,000,000. Changes in member bank reserve balances and related items during the week and the year ended November 3» I9li3> were as followss Increase or decrease since Nov* 3, Oct. 27/ Nov. [*, 191+3 191+3 19U2 ( In millions of dollars) Bills discounted 39 + 26 + 28 U. S. Government direct obligâtions . 9>1^1 + 17U + k,887 U, Government guaranteed obligations 55 + 11 + 38 Industrial advances (not including 10 million commitments - November 3) 12 - 3 Other Reserve Bank credit 309 - 60- + 205 Total Reserve Bank credit 9,«35 + 11*9 + 5,155 Gold stock 22,116 - 16 - 623 Treasury currency 1*, 106 + 3 + 737 Member bank reserve balances - 12,069 + 61* 11*2 Money in circulation 19,35k + 261* + 5,01*2 Treasury cash 2,298 + 3 + 38 Treasury deposits with F# k. Banks 33li - 196 - 27 I'lonmember deposits and other F.Rfaccounts 2,001 355 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON NOVEMBER 3, I9I4.3 (In thousands of dollars) L I A B I L I T I E S Total Boston Now York Phila. Cleve* Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. F. ff# 'notes*in actual cir­ culation 15,759,852 1080,622 3,1*67,1*71* 1071*,219 1,1*0!*, 7231061,053 880,356 2,971*,972 675,515 367,680 572,395 391,027 1,809,811 Deposits : Member bank-reserve acct* 12,068,938 603,551 l*,ool*,l*55 609,702 920,607 51I*, 689 1*82,1*63 1,81*5,885 1*20,395 281,526 551*,187 1*87,770 1,31*3,708 ILS• Treasurer-gjajaeral acct. 33k » 386 21,809 72,773 21,820 36,981 18,081 20,81*3 1*3,31*7 22,693 21*, 661* 13,001* 11*, 311 21*, 060 Foreign 1,299,815 28,901* 1/583,361* 113,971 110,371 51,587 1*1,989 11*6,362 35,991 26,393 33,591 35,991 91,301 Other 367,973 5,962 253,156 5,695 9,1*20 19,108 1*,936 l*,13l* 13,190 8,1*1*5 2,251* l*,3lt0 37,283 Total deposits 11*, 071,112 660,226 1*,913,72i8 751,133 1,077,379 603,1*65 550,231 2,039,773 1*92,269 31*1,028 603,036 51*2,2*12 1,1*96.352 Deferred availability items \ 295 987 loll, 518 229,971* 86,697 155,21*3 9!*, 61*8 79,736 187,571 60,l*2l* 29,11*6 73,117 1*1,751 153,162 Other liabilities includirlg accrued, dividends 7,1*28 619 2,515 633 619 239 261 9hl 278 . 173 322 316 506 TQT-aL LLiBILIIIES 31,13^,379 181*5,985 8,613,711 1912,737 2,637,969 1759,^05 1510,581; 5,203,268 1228,1*86 733,027 121*8,870 975,506 3,1*59,831 Capital, paid in 150,358 9*556 55,765 11,669 15,516 6,071* 5,U18 16,670 1*,673 3,222 1*,961* 1*,559 12,272 Surplus (Section 7) 160,1*11 11,160 58,001 15,670 11*. 767 5,236 5,725 22,925 1*,966 3,221 3,613 1*,083 11,01*1* Surplus (Section 13b) 26,829 2,871* 7,070 li,393 1,007 3,21*1* 717 1,1*29 530 1,000 1,137 1,307 2,121 Other capital accounts 87,30? 5,601 21^,962 6,1*25 3,352 li, 202 3,803 13,223 3,731 3,61*0 3,812 3,215 6,31*3 TuTaL liabilities AND capital accounts 31,559,286 1875,176 0,759»509 1950,891* 2,677,611 177S,161 1526,21*7 5.257,515 121*2,386 71*9,110 1202,396 933,670 3,1*91,611 Commitments tz make industrial advances 9,833 700 9 2,053 100 110 -- 337 — 3,000 -- 2,861* F. R. notes outstanding 16,266,732 1130.505 3,561*, 723 1105,071 1,1*1*2,1*76 1093,689 922,21*3 3,022,1*37 705,135 371*, 651 587,950 1*17,865 1,899,907 Collateral for F#K.notes held by F#R.Agents: Gold certificates 11*, 313,000 792,000 3,1*25,000 815,000 1,21*5,000' 850,000 730,000'2,960,000 1*25,000 326,000 510,000 361,000 1,874,000 Eligible paper 29,800 725 18,960 1,665 — 6,200 — — 2,200 50 — -- U.S.Gov* t securities 2, 179,631* 350,000 ..150,000 300,000 200,000"' 275,000 .200,000 100,000 329,631* 50,000 100,000 75,000 50,000 MATURITY DISTRIBUTION OF BILLS AND SECURITIES Within 16 to 31 to 61 to 9I 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 38,625 35,510 1*25 2,11*0 : 550 — — — — — Industrial advances 11,751 9,636 755 11*7 39 502 293 273 106 — U- S* Government securitias, direct and guaranteed 9,U75,8U7 1,197,1U* 1,373,856 1,735,011 1,862,283 535,500 73l*,100 211,1*00 701,071 1,125,1*82 l / After deducting $715,975,000 participations of othar Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form P. R. ¿3Ja Released for publication Friday morning* woTrember 5, 192*3, not earlier. STATEMENT OF CONDITION OF THE TTSELUE FEDERAL RESERVE BANKS COiJBINED (In thousands of dollars) Increase or decrease since Nov. 3. Oct. 27, Nov. 1*; 192*3 191*3 192*2 A S S E T S Gold certificates on hand and due from U. S. Treasury 19,831,715 * 20,000 - 722,1*11 Redemption fund - F,R. notes 111*,882* + 2,82*9 + 99.803 Other cash 31k,718 - 11*. 139 + 81,972 Total reserves 20,261,317 - 31.290 - 52*0,636 Bills discounted* Secured by U.S. Gov*t obligations, direct and guaranteed 38,625 + 25,320 + 33 . 085 Other bills discounted -** mm «■* 5.000 Total bills discounted 38,625 + 25,320' '+ 28,085 Industrial advances 11,751 255 3.21*3 U. S. Government securities, direct and guaranteed* Bonds 1,557,753 + 11,050 - 608,300 Notes » 688, 1*00 — - 632,01*1* Certificates 1,591,050 + 19,800 +- 956,602 Bills 5,633,6m* +I5U,116 +5,208,733 Tot'il U.S. Government securities, direct an<5 guaranteed 9,1*75,81*7 +18l*,966 +1*,921*.991 Total bills -end securities 9,526,223 +210,031 +1*.92*9,833 Due from foreign banks 136 -- + 89 F, R. notjs of other banks 68,339 - 10,1*52 + 30,890 Uncolluct-d items l,6o!*, oil* -107,31*6 + 1*53,968 Bank promises 33,371* 1*3 1,773 Other assets 60,233 + 1,073 3,093 TOTAL ASSISTS 31,559,286 + 61,973 +1*. 883,1*78 L I A B I L I T I E S F. R. notes in actual circulation 15,759,852 +233,1*11 +2*.1*57,553 Depositsi - Mejabor b jnk-reserve account 12,068,938 + 61*, 076 - 11*1,657 U.S.Treasurer-general account 33i*,336 -195,318 - 26,391 Foreign 1,299,815 - 19,071* + 1*05,60I* Oth^ r 367,973 + 26,621* - 101,008 Total deposits 11*. 071,112 -122,692 + 136,52*8 Deferred availability items 1,295,987 - 1*6,692 + 21*8,975 Other liabilities including accrued dividends 7,1*28 - 217 + 2,180 TOTaL LIABILITIES 31,131,379 + 68,310 +I*,8li5.256 C A P I T A L A C COUNT S Capital paid in 150,358 + 6 +' l*,96l Surplus (bection 7) *lèQ,Ull — '+ 2,909 Surplus (Auction 13b) 26,829 + .ii8 m m Other capital accounts 87,309 - 6,81*3 + 35,301* TOTikL LI kBXLITIüS ANL CAPITAL ACCOUNTS 31,559,286 ♦ 61,973- +ll, 888,1*78 Ratio of total reserves to deposit and F.R. note liabilities combined 67.91° - .h% - 11*. # Commitments to make industrial advancos 9,833 18.7 397 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form P. R. 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON NOVEMBER 3, I9I4.3 (In thousands of dollars) A S S E T S Total Boston New York Phila. Cleve, Rich. Atlanta Chicago St.Louis L'iinn. Kans.C y. Dallas San Fran* Gold certificates on hand and due from U.S#Treasury 19,831,715 1075,£61* 5, 192,981 il6l*,l*6o 1,655,122 1101,120 971,81*0 3,795,779 61*6,581; 1*57,657 762,175 536,375 2,1*19,153 Redemption fund - F.R.notes ilk, mb 17,735 10,636 15,723 10,61*7 15,327 10,298 .1,671* 20,011* 2,533 5,515 3,539 1,238 Other cash 311;, 718 30,773 75,766 22,392 21*, 270 20,035 17,871* 1*1,31*7 11,1j1*6 9*205 li*,970 9,367 36,773 Total reserves 20,261,317 1123*972 5,279,383 1203,080 1,650,039 1136,1*82 1CC&012 3,838,800 .. 678,01*1* 1*69,395 .782,660 599.28 1 2,1*57,169 Bills discounted* Secured by U#S#Govft obligations, direct and guaranteed 38,625 725 18,960 1,665 985 6,200 7,31*0 -- 2,200 50 --- -- —— Other bills discounted — — — -- mm m/m -- -- -- —— Total bills discounted 38,625 725 13,960 1,665 985 6,200 7,31*0 --- 2,200 50 — -- -- Industrial advances 11,751 1,1*30 152 1*,1*37 1+58 21*0 215 1* — 11*1; 30 16 1*,625 U* S. Government securities, direct and guaranteed: Bonds 1,557,753 153,1*37 93,1*33 132,837 232,029 135,71*9 113,61*6 160,886 78,-91*5 61,109 9k,778 96,760 201;, 09I* Note« 688,1*00 67,807 1*1,290 53,725 102, 538 59,990 50,222 71,099 3U,387 27,005 1*1,381* 1*2,760 90,193 Certificates 1,591,050 156,713 95,1*26 135,729 236,939 133,051 116,075 161*, 323 30,633 62,1*13 96,807 98,330 208,1*56 Bills 5,633,61*1* 211*, 397 2,903,021 319,232 223,953 170,706 12!*, 792 751,587 287,971 85*992 11*2,352 88,003 326,638 Total Ü. S. GovŸt securities, direct and guaranteed 9,1*75,81*7 592,359 3,133,170 61*6,573 795,509 505,096 1*01*,735 Ul*7,395 1*32,1*36 236, 519 375,821 326,353 329,381 Total bills and securities 9,526,223 59k »5H* 3,152,282 652,675 796,952 5H,536 -3* rH CVJ * C2"-s O U!*7,899 1*31*, 636 236,713 375,351 326,369 831*. 006 Ltue from foreign banks 136 3 1/ 55 13 13 6 5 17 3 2 1* 1* 11 F#R. notes of other banks 68,339 1,825 10,928 2,255 I*,013 11,1*37 6,002 7,1*76 5,209 2,311; 6,778 <2,991* 7,108 Uncollected items l,6ol*,6ll* 11*7,031 300,288 33,775 173,729 111,305 98,896 253,758 69,U57 37,150 90,732 55,377 183,116 Bank premises 38,371* 2,675 9,&*0 1*, 636 1**232 2,953 1,661 2,869 2,072 1,285 2,7k3 979 2,629 Other assets 60,283 5,156 6,933 i*,i*60 3,633 k, 1*1*2 3,881 6,696 2,965 2,251 - 3*628 i3.666 7,572 TOTAL ASSETS 31,559,286 1875*176 3,759,509 1950,89!; 2,677,611 1778,161 1526,21*7 5r257,5l5 121*2,336 71*9,110 1262,396 983,670 3,1*91,611 l / After deducting §>81,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis