H.4.1 Factors Affecting Reserve Balances of Depository Institutions

form F, R. 233 STATEMENT FOE THE PRESS hvleased : for publication .'ioard of Governors- Friday morning, Feb. 11; of the Federal Reserve System not earlier, February 10, I9M1 CONDITION- OF-THE' FEDERAL RESERVE BA'JKS • - Luring the week ended February 9: member bank reserve balances decreased $365«000j000« Reductions in member bank reserves arose from decreases of $621,;00,000 in Reserve Bank credit and_ $7U,00',000 in ~old stoc‘: and on increase *>f $52,000,000 in money in circulation, offset’ in part by decreases of $7*000,000 in Treasury cash and $167,000,000 in Treasury deposits with Federal Reserve Banks and $210,000,000 in nonmember deposits and other Federal Reserve accounts. Excess^reserves of member banks on February 9 were estimated to be approximately $1,550*000,000*, an increase of $10,000,000 for the" week. There, was a decrease of $612,000,000 in holdings of United States Government securities! bills decreased $£¿*0,000,000 and notes $11,000,000; while certificates increased $39*000,'000-and bonds £1,00',-,QOO> • • A few changes have been made -in the captions, used in the statement, the principal one of which is the showing of discounts and advances in a single item, The same detail as heretofore will continue to be shown in the monthly Federal Reserve Bulletin, • Changes., in member bank reserve balances and related items during the week and the y^ar ended February 9, l9Wl»'WGre as follows: Increase' or decrease since Feb, 9, Feb., 2, Feb, 10; • l9W .• i ' ‘ . I9W1 19U3 (In millions of dollars) U, S, Govt, securities (incl, guar. sec;.) 1.1., .16? • -612 +5,1*50 Loans, discounts, .and.advances . 32 .2 +. 5 Vther Reserve Bank credit 309 - 8. + ‘ 73 Total Reserve Bank credit 11,511 ' 621 +5.523 Gold stock 21,336 - : 71*' - 8.06 Treasury currency. hrt OJ-U •.+ . 1. + 205 Member' bank reserve balances 12 , J: 32 - 365 - . 265 1.1 one y in circulation 20,536 ' ♦ 52 +V?33 Treasury cash 2>315 . - 7 + 106 Treasury deposits’with F, R,* 'Banks ‘ ■ ■ "9 ■ ' - 1-67 272 li'mrc.ambor deposits and othur F, R, accounts 2,0U3 - 210 + 570 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283c STATEMENT OF C^NDITiON OF THE FEDERAL RESERVE BANKS ON FEBRUARY 9, I9W4 ( 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. Federal Reserve notes 17,081*,973, II56, 525 3,7^,235 1160,614ul,520,188 1139,317 969,281 3,211*,933 732,015 389,021 625,979 1*15,91*0 1,991,995 Deposits* p f- ; • r . Member bank- re serve account 12,1*82,352 6ll*,60l* 1*, 021,703 620,861i" 986,1*1*0 551,265 558,192 1,907,927 liii6,l*06 283,163 '589,959 511,726 1,350,103 U.S.Treasurer-general acct. 8,1*19 1,211* 721* Ui8 •1,056 107 179 572 1,136 1,067‘ 189 31 1,696 Foreign ’ 1, 521*,936 101,109 l/6lli,796 131,1*91* 127,206 57,171 1*5,737 . 177,231 1*1*, 308 31,1*1*1* 1*1,1*1*9 : 1*1,1*1*9 111,51*2 other 181,71*2 1*,161 . 61,897 11,152- 13,068 li, 030 7,735 9,279 13 ,hkY 12,305 • 2,623 • 1*, 11*5 37,901* Total deposits ll*»197fl*i*9,. 721,088 1*, 699,120 763,958*1,127,770 612,573 6ll,8ii3 2,095,009 505,293 327,979 63b,220 557,351 1,51*1,21*5 Deferred availability items 1,233,1*88 8ii, 727 2l|2,3li8 67,689 135,989 92,31*1 77,065 ; 178,933 62,609 25,898 ; .79,b71 lió, 586 139,832 Other liabilities including accrued dividends 7,561 521i 1,373 518 561* 223 307 808 190 : 178 : ’ 2,321 • 158 397 TOTAL LIABILITIES 32,523,1*71 19^2,86b 8,712,076 1992,809-2,781*,511 181*1*,1*51*. 1658,1*96 5,^89,683 1300,107.71*3,076-131*1,991 1019,935 3,673,1*6? Capital paid in 155,9^2 9.851 57,616 11,781*. 15,81*9 6,260 5,5iii 18,077 li', 766 3^389. 5,070 1*, 761 13,005 Surplus (Section 7) 188,097' ' 13,206 * 70,012 17,859 16,026 5,236 5,725 26,1*90 . 6,330 3,669 ' l*,55l* li, 831 lb,159 Surplus (Section 13b) 26,965 2,871* 7,092 ¿*,¿21 1,007 3,290 7li9 • 1,1*29 53q; 1,000 1,137 1,307 2,129 Other capital accounts 63,1*1*1 3,131 13,907 3,837 7,871 1*,656 I*,169 io,*i5b 2,69b 3,561- 3,296 2,833 3,332 TOTaL LIABILITIES A.ND ‘ « CAPITAL ACCOUNTS 32,957.916 1991,926 8,860,703 2030,710 2,325,261* 1863,896 l67l*,653 5,.5l*5,833 I3ll*,l*27 7.5b, 695" 13 56, QbS 1033,667 '3,706,091* Commitments to make industrial - • loans 10,282 700 $ 2,229 100 670 — " ---■ 316 , 3,000 690 • 2,579 £. R. notes outstanding 17,707*861 1197,-262 3,905,669 1185,685 1,560,758 1182,387 1016,571* 3,279,528 763,979 396,389' 651,007 lil*6,51*1*. 2,122,079 Collateral for F.R.notes -■ ‘ hold by F.R.Agents: , , Gold cortificates 13,036; 300 761,000 3,3li0,00& 715,000 1,165,000 775,000 750,000 2,530,000 ..1*00,000 230,000 1*10,000 311,000 1,61ì9,000 iiligible paper 19,081 1,825 111,268 2,978 mm — mm mm ’■ --- . 10. ■ — «to A U.S.Govt, securities U,923,627 . li50,000 600,000. 1*75,000 1*00,000 li 50,000 300,000 790,000 ' 388,627 175,oqo 250,000 150,000 500,000 MATURITY DISTRIBUTION OF. LOANS*AND SECURITIES. „ . Within 16 to 31 to 61 to 91* days to' 6! mpnths 1 to 2 2 to 5 Over Total ' 15 days 30 days 60 days 90 .days; 6 months to 1 ye&r years years 5 y-oars .Discounts and advances 22,1*51 11,338 6,120 2,910 2,083 • - - _ * Industrial loans 9,939 8,130 398 25 200.. 136 . 373 IO6 71 - j» U* S„ Govt, securities. « • 0 \ (incl, guar, soc.) 11,169,063, 1,338,717 . 1,128,017 3, oil*,835 1,899,970 550,61*0 1,028,850- li77,300 500,.€21 1,230,713 *> l/ After deducting $909,02ii,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Forn F. K. 285a Released for publication Friday morning, February ll);l9bbj not earlier,. STATEMENT OF CONDITION OF-THE TWELVE FEDERAL RESERVE ‘BANKS COMBINED (In thousands of dollars) Increase or decrease since Feb. 9/ Feb. 2.,, ' Feb. - 10, ; . 19 bb . I9bb f 19b3 A S S E T S Gold certificates on hand and due fron U. S. Treasury *19^ 17,573 - 65,002. .-1.025,70b. Redemption fund - F. R. notes. 262,893: - .2,221 + 223,287 Other cash 350,776- - 6,595 - . b2,628 Total reserves 20,031,2142 - 71,618 -. 8bo,ob5 Discounts and advances 22,Ij51 - I,b76 + .9,093 Industrial loans 9,959 b,lb8 U. S. Govt, secxjritiess Bills 5,973,099 -6b0,27b +b,Sb6,696 Certificates 2,:587,0b0 + 58,000. . +1,77b,165 Kotes :933,200 - 10,800 ‘ '-= 30b,235 Bonds 1,675,73b + 1,556 - 866,bbb Total Ü. S. Govt, securities (iricl. guar, sec.) 11,169,065 -611,530 +5,b50,132 Total loans and securities n;2oi,b55 -615,01b +5,b55,077 Due from foreign banks 156 + 89 F. R, notes of other ,ba.nl$s 51,699 - 2,917 ♦ 35,162 Uncollected items '1,5U2;618 ■-I75;2'ei + 51I.889 Bank premises 55,112 - b,08b Other assets 65,656 + 1,95b r 25,569 TOTaL ASSETS 32,957,916 • -860» 816. +b,955,719 L I A B I L -I T I E S Federal Reserve notes 17,08b,973 + b5.l69 +b,639,b2l Deposits t Member bank-reserve account 12,1*82,3.52 -56b,b77 - 26b, 525 U.S.Treasurer- general account B,bl9 -166,222 - 271,92b Foreign i,52b,936 - 33,5b6 + 719.030 Other 181,7b2 ,-175,651 - 225,309 Total deposits lb,197,bb9 -739,396 • - . b2,728 Deferred availability items 1.233,b33 -167,022 + 21^2,038 Other liabilities including accrued divid * ends 7,561 ♦ ' 297* + • 3,'bib TOTaL LIABILITIES 3;2 , 523,b71 -361, if 52' . +b,892,195 c a p i t a l a c c o u n t s J* r , 1 - . J - i"1 Capital paid in 155,9b2 + • Ib9 + 9*170 Surplus (Section 7) 108,097 + 27,686 Surplus (Section 13b) 26*965 3 + 136 Other capital accounts 65,bbl + b90 6,532 TOTAL LIABILITIES A*TD: CAPITAL ACCOUNTS 52,957,916 -360,816 +b,955,719 Ratio of total reserves to deposit and F. K. note liabilities combined 6b.cyo + 1.1% - lb.b°/o Commitments to make industrial loans i 1 0,2 o 6 n 2 o + l 1 -• 335 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283b STATEiJENT OF CONDITION ©P'THS FEDERAL R333RV3 .BANKS ON FEBRUARY 9, 19kk (In.thousands of dollars) a- S S STS Total Boston New York Phila. Cl§ve^ Rich. Atlanta Chicago St.Louis . lvdnn«. Kans.Cy. Dallas San Fran. Gold certificates on hand and . . . due from U.S. Treasury 19,1*17,573 1061,566 5# 138»960. 1112,092 1,622,963 1096,017 1023,1*79 3.610,1*32 716,1*38 393,753 760,535 525,01*2.2,356,21*5 hodemption fund - F.R.notes262,893 22,995 1*0,820 21*,30k ‘ 20,330 22,926 18,236 39,075 19,521* 8,573 12,153 9,671 25,236 other cash-• 350,776 3k,¿57 90,695 26,119 27,508 19,651 2o,8l*l 1*3,195 13,899 8,597 12,585 10,577 . 1*3,053 Total reserves 20,031,21*2 1118,619 5,270,1*76 1162,511* 1,670,851 1138,59k 1062,556 3,691,702 71*9,911 1*10,923 785,273 51*5,290 2,1*21*,531* Discounts and advances 22,k51 1,825 lk,268 2,978 20 — 50 1,800 10 - - 1,000 500 Industrial loans 9,939 38k 123 3,981 330 227 113 k — 197 30 12 1*,1*83 U. S. Govt, securities: Bills 5,973,089 3kO,853 2,079,208 359,k3o ki5,7ki 252,310 203,081 1,032,939 227,35? 137,6k7 201,191 177,022 51*5,908 Certificates' 2,587,OkO 198,lk6 575,199 201,862 283,336 173,050 lkk,120 278,056 126,971 81,968 13k,863 121,267 267,652 Notes 933,200 7i,k75 207,1*36 72,317 102,1*03 62,1*21* 51,988 100,302 k5,S0l 29,567 k3,6k7 1*3,7k3 96, 5U7 Bonds 1,675,73k 128,31*6 372,579 130,756 183,883 112,095 93,35k 130,'ill ‘ 32', 21*5' 53,09k ' 37,35k 78,5k9 173,368 Total U«S, Govt» securities .. * ’ * . . . * ....................... . . , . , . ; (inci. guar« sec«) 117169,063 733,820 3,23k,1*72 76k,865 985,913 599,879 ' k92,5k3 l,59l,k08 k82,376 302,276 k72,055 k20,531 1,083,375 Total loans;and securities ll,201,k53 7kl,029 3,21*8,863 771,821* 986,313 600,106. k92,706 1,593>212 k82,886 302,1*73 k72,085 k2l,593 ▼ • Duo from foreign banks 136 10‘ 1/ k9- 12 12 *6 k 17 k • 3 k k 11 ^‘.R.notes of other banks 8Î.699 1,393 13,867 2,189 2,925 12,726 7,285 8,355 5,137 3,036 k,303 3,H5 16,818 Uncollccted items I,5k2,6l3 12k, 6k3 303,257 86,065 153,326 10k,335 106,917 2k2,5io 71,232 3k,726 87,866 59,6ko 167,601 Bank premises 35,112 1,661 9,101 3,588 . k„20k, .2,929 .1,650 2,9kl: 2,062 1,278 2,726 956 2,016 Other assets 65,656 k,572 15,090 k,518 7,633. k,700 .3,535 7*096 3,ik5 2,256 3,291 3,069 6,751 , TOTAL ASSETS 32,957,916 1991,926'8;860,703 '2030,710 2,825;26l* I863,89*6 167k,653 5,5k5/833 '131k,k27' 75k,^5 Ï356,0k8-1033,667 3^706,09k l / After deducting $87,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis