H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 233 STATS,.ENT FOR THE PR3SS Released for publication Board.of Governors Friday morning, Jan. 7; of the Federal Reserve System not earlier. January 6, 19^1* CONDITION OF THE FEDERAL RESERVE BaNKS During the week ended January 5 member Sank reserve balances decreased $167,000,000, Reductions in member bank reserves arose from increases of $197»000,000 in Treasury deposits with Federal Reserve Banks and $3,000,000 in money in circulation and decreases of $58,000,000 in Reserve Bank credit, $66,000,000'in ,?,old • stock and $2,000,000 in Treasury currency, offset in part by decreases of $163,000,000 in nonmember deposits and other Federal Reserve accounts and $2,000,000 in Treasury cash. Excess reserves of member banks on January*5 were estimated to be approximately $970,000,000, a decrease of $160,003,000 for the weak. There was an increase of $36,000,000 in holdings of United States Government securities; Certificates increased $70,000,000, bonds $8,000,000 and notes $1,000,000, while Treasury bills decreased $ii3>000,000. Changes in member bank reserve balances and related items during the week and the year ended January 5, I9UU* were as follows; Increase or deer-ase since Jan. 5» lj ‘o C . , Jan. 6, I9hh 19^3 19k . ( nilliaas of dollars) Bills discounted 31 - 70 + 27 U. S. -Government direct obligations 11,567 + 3U +5,572 U. S, Government guaranteed obligations 8U + 2 + hi Industrial advances (not including 10 million commitments - January 5) 10 — 2 Other Reserve Bank credit ' 681 - 23 + 352 Total Reserve Bank credit 12,372 - 58 +5*99U Gold stock 21,938 6b' -- 71h Treasury currency h,09h 2 + h3h Member bank reserve balances 12,602 - 167 - 862 Koney in circulation 20,^36 + 8 +5>Oh3 Treasury cash 2,3lU - 2 + 122 Treasury deposits with F. R. Banks 961 + 197 + 688 Nontnerriber deposits and other F.R.accounts 2,090 - 163 + 662 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form'y. R. 285c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON" JANUARY 5, 19hh . r (In thousands of dollars) L I A B I L I T I E S Total Boston New York Phila. Cleve^ Rich* Atlanta Chic ag.o St* Louis Minn. Kans*Cy* Dallas San Fran* F. R* notes in actual cir­ culation ‘ 16,908,109 u$U,9ki 3,763,5^3 nii7,233 l,k99>&3 nii0,287 955,153 3,167,292 725,hh5 335,793 616,315 Ul5,2ll 1,937,273 Deposits: T member bank-reserve acct. 12,601,756 61+1,693 k, 131,5U1; 616,002 979,175 5^9,667 53U, 303 1*91*8,307 1+1+3,71+7 239,051 ■ 559,266 1+99,362 1,1+21+, 639 U.S.Treasurer-general acct. 961,279 ■ 87,857 . 31+6,81+9 50,609 91,030 32,926 1+6,301 56,1+92 1+3,71+1+ 31,129 39,1+31+ 32,039' 102,86? foreign 1,380,613 3U,628 3/607,639 122,1+08 118,51+3 55,1+06 i+5,098 157,193 38,655 23,31+7 36,073 33,655 97,953 uther _37l,025 5,1+81+ 257,01+9 6,020 n,95l 3,31*1+ 6,350 3,732 12,137 12,920 2,612 2,733 146,688 Total deposits 15,311+, 673. 769,662 5,31+3,081 795,039 1,200,699 621,31+3 632,052 2,165,729 ‘51*3,283 361,1+1+7 637,390 572,794 1,672,151+ Deferred availability i ® 1,1+22,317 7l+, 009 269,719 79,566 156,1+39 10l+,l+12 32,1+9!+ 222,711+ 73,356 3l*,l*73 35,11+3 57,079 133,1+13 Other liabilities inclu accrued dividends 5,375 1*87' .1,1+52 561+ 537 257 193 718 201+ 152 3.07 133 371 TOTiiL LIABILITIES 33,650,971+’1999,099 9,377,79 5 2022,i+00 2,357,288 1366,299 1669,-897 5,556,1+53 131+2,283 731,870 1339,155.101+5,217 3,793,211 Capital paid in 151+,936 9,808 57,1+72 11,71+1 15,707 6,216 5,1+51 17,962 l+,709 3,307 5,01+3. i+,.657 12,863 vjrplus (Section 7) 188,097 13,206 70,012 17,859 16,026 5,236 5,725 26,1+90 6,330 3,669 1+.551+ i+,33l ll+, 199 Surplus (Section 13b) 26,965 2,871+ 7,092 1+,1+21 1,007 3,290 71+9 l,a29 530 1,000 1,137 1,307 2,129 Other capital accounts 60.151 2,91*1 12,91+7 3,616 .. 7^78 1+.1+71+ i+,01+1 9,71+1 2.57U 3,369 3,131+ 2,708 3,028 TOTAL LIABILITIES AND capital ACCounts 31+,081,123 2027,923 9,525,318 2060,039 2,897,606 1885,515 1685,863 5,612,075 1356,1+31 793,215 1353,0231058,720 3,825,390 Commitments to make industrial advances 9,^9 700 .9 2,190 100 670 — — 316 — ' 3,000 — 2,521+ Kh. notes outstanding 17,521+,312 1201,535 3,386,237 1183,151+ 1,551,671 1178,181+ 1001,967 3,223,980 757,21+1 393,1+83 63l+,l+68 1+1+8,577 2,063,815 Collateral £or F.R.notes held by F»Ii* Agents: Gold certificates 12,91+6,000 761,000 2,965,000 715,000 1,155,000 775,000 725,000 2,360,000 330,000 225,000 1+00,000 261,000 1,721+,000 Eligible paper 30,1+10 1+50 7,61*5 600 — ll+O — ~ 20,000 — 1,575 U.S.Gov't securities 1+,81*8,801 1+50,000 950,000' 1+75,000 1+00,000 1+50,000 300,000 - 1+00,000 398,801 175,000 250,000 200,000 1+00,000 MATURITY DISTRIBUTION 0? BILLS AMD 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 30,800 10,560 2,990 — 17,250 — — - — — “ Industrial advances 10,169 8,263 20 985 ' 165 ll*8 385 H5 83 [>. S. Government securities, direct and guaranteed 11,650,531 1,21+7,738 1,305,929 2,1+77,588 2,890,11+9 51+3,900 1,275*850 223,200 1+37,971 1,198,206 l/"After deducting $772,367,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F, R. 2QJ>a Released for publication Friday morning/ January 7, I9I+I4; not earlier. STATEMENT OF CONDITION OF TKS TWELVE FMJ'iPuiL RESERVE BANKS C >-118 IN ED fin thousands of dollars) Increase or decrease since Jan. 5* Dec. 29, Jan, 6,' l^U* 19U3 19143 ’ A S S E T S Gold certificates on hand and due from U, S. Treasury 19,512,580 -102,185 - 998,698 Redemption fund - F, R. notes 251,291 + 32,796 + 219,01*3 Other cash 336,566 + 21,333 - 23,585 Total reserves 20,100,1*37 - 1*7,551 - 803,21*0 Bills discounted: Secured by U. S, Gov't obligations, direct and guaranteed 30*300 - 69,312 + 23,855 Other bills discounted 2,51*0 Total bills discounted 30,800 - 69,812 ♦ 26,315 Industrial advances 10,169 ♦ 31 2,11*2 U, Si Government securities, direct and guaranteed: Eonds 1,632,377 + 7,713 -1,160,201* Notes 677,900 + 1,000 - 667,159 Certificates 2,1*77,300 + 70,150 +1,1*36,300 Bills v 6,362,951* - 1*3,221 +6,009,1*21* Total U.S. Government securities, direct and guaranteed 11,650,531 + ‘35,61*2 +5,613,361 Total bj.lls and securities 11,691,500 - 31*,139 +5,61*2,531* Due from foreign banks 136 + 39 F. R. notes of other banks 83,1*37 • : + 5,751 + 27,908 Uncollected items 2,103,305 - 95,153 + 636,931* Bank premises 35,200 - 3,120 U, 079 Other assets 62,108 + 3,263 - 27,911 TOTaL ASSETS 31*, 081,123 -170,914!* +5.1472,235 L U B ' I L I I I as F. R. notes in actual circulation 16,908,109 + 33,302 +1*, 730,652 Deposits: Member bank - reserve account 12,601,756 ■ -167,1*33 - 861,977 ‘U.S, Treasurer - general account 961,279 +197,1*69 + 633,222 Foreijji . 1,330,613 -131.932 + 573,007 Other 371,025 - 21^,327 + 1,197 Total deposits 15,3114,673 -126,223 + 1*05,1*1*9 Deferred availability items 1,1.22,317 - 71,301* + 285,1*91* Other liabilities including 'accrued dividends 5,375. - 1,781 + 2,171* TOTAL LIABILITIES 33,650,97k -169,006 +5,‘1*23>769 C a p i t a l a c c o u n t s Capital paid in 1514,936 + 993 + 3,607 Surplus (Section 7) 183,097 + 27,686 + 27,686 Surplus (Section 13b) 26,965 + 136 + 136 Other capital accounts 60,151 - 30,753 + 12,037 tutal liabilities akl capital accounts 3li,0Sl,123 -170,91*1* +5,1*72,235 Ratio of total reserves to deposit and F, R. note liabilities combined 62.1$> + . 1% - 11*. 8^c Commitments to make industrial advances 9,509 * 71 2,331* Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form Fv R. 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JANUARY 5, 191*1* (In thousands ‘of dollars) A S S E T S - Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St,Louis M-inn, K&ns.Cy. Dallas San Fran. Gold certificates on hand and . due from U*S# Treasury 19*512,580 1091,955 k,9hk,872 1100,51*2 1,656,1*91* 1099*1*66 1029,205-3*782,081 668,911 1*11*,99I* 71*1*,035 551.561 2,1*23,061* Redemption fund - notes 251,291 22,1*53 52,60* 21*,111 '20,922' 23,597 18,972 19,670 19,712 8,625 12,286 9,815 18,561* Other cash 336,566 32,600 - 75,925 26,1*62 23,317 23,681 23,766 1*1,82.3 15,369 9.001* 13,313 11,213 1*0,093 Total reserves 20,100,1*37 111*7,008 5,073,361 1151,115 1,700,733 nl*6,7i*l* 1071,9U3 3,-81*3,571* 703,992 1*3.2,623 769,631* 572,9.89 2,1*86,721 Bills discounted: Secured by U#S.Govft obligations,. direct and guaranteed 30,300 450 7,61*5 600 3l*o 11*0 50 20,000 1,575 — Gtiier bills discounted — . — -- - — -- -- — -- -- — — - Tota!j. bills discounted 30,800 1*50 7,61*5 600 3l*o 11*0 50 — 20,000 — 1,575 Industrial advances 10,169 31*2 1.26 i*,085 390 231* 220 a -- 176 30 12 1*,550 U. S.Government securities 9 direct and guaranteed: Bonds-. 1,632,377 125,306 355,750 126,751* 180,1*20 110,783 92,631 173,882 80,710 51,861* 35,61*6 77,569 ■ 171^062 Notes 677,900 52,038 11*7,738 52,.639 71* ,92 6 1*0, 006 38,1*68 72,211 33,517 ^21>55J3 35,567 32,213 71,039 Certificates 2,2*77 ,300 190,168 539,890 192,361 273*807 168,121 11*0,577 263,881* 122,1*36 L) 1 u 5 :2?.97i» 117,721 259,606 t , Bills’- 6,862,951; 312,528 2,91*1,309 1*12,678 1*32,021* 257,212 I9l*, 568 925,361* 293,332 156,1*12 195,576 175,365 566,586 Total U.S* Gov* t* securities y direct and guarcinteed 11,650,531 • O w rOt O 3,981*, ^>87 781*,1*32. 96i; 177 582,122 •1*66,21*1* 1,1*35,31*1- 530,01*5 308,519 1*1*6,763 1*02,868 1,068,293 Total bills and securities 11,691,500 680,832 3,992,1*58 789,117 961,907 582,1*96 1*66,511* 1,1*35,31*5 550,01*5 308,695 1*1*8,368 1*02,330 1,072,31*5 Due from-foreign banks 136 3 1/ 56 13 13 6 5 17 3 2 1* 1* 10 F.R.notes of other banks 83,1*37 1,592 ~15,75U 2,913 1*,370 •12,231*• 9,077 8,31*7 . 6,987 2,1*89 5,1*66 1*, 681 16,027 Uncollected items 2,103,305 192,581* 1*21,1*87 108,965 218>767 137,150 133-, 1*16 315,380 90,362 1*6,160 123,533 71*, 199 .21*1,502 Bank premises 35,200 1,666 9,121 3,600 ' " 1*,211*' 2,956 . . 1- 653 2,91*8 2,o6a 1,230 2,732 963 2,023 Other assets 62,108 l*,2l*3 15,081 1*, 316 7il02- : 3,9l*9 3,255 6,1*61* 2,973 1,966 3,236 3,-ooi*. 6,1*6!* TOTAL ASSETS 31*,081,123 2027,928 9.525,318 2060,039 2,897,606 1335,515 1685,863 5,612,075 1356,1*31 793,215 1353,025 1058,720 ;5,325,390 l/After deducting $Pfc>*00t) partibiputions of other Federal Reserve Banks.. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis