H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F, R. 283 STATEhlSHT FOR THE PRESS Released for publication Board of Governors Friday morning, Fob. 13; of the Federal Reserve System not earlitsr, February 17» l9kU COilDITIOK OF THE FEDERAL REStiRVii BANKS During the week ended February 16 member bank reserve balances decreased $233,000,000. .Reductions in member bank reserves uroso .from increases of $352,000,000 in Treasury deposits with Federal Reserve Banks, $21*.,000,000 in money . in circulation, $20,000,000 in Treasury cash, and $260,000,090 in nonmcmber deposits and other Federal Reserve accounts, and from a decrease of $3h,000,000 in gold stock, offset in part by an increaso of $1*50,000,000 in Reserve Bank credit. Excess reserves of member banks on February 16 were estimated to be approximately $1,300,000,000. * There’was an increase of $225,000,000 in holdings’ of United States Government securities, principally bills. $11*1*,00000-and certificates $73,000,000, ■Changes in member bank reserve balances and related items during the week and the year ended February 16, I9kk, were as follows* • Incret.se or decrease' since Feb. 16, Feb. 9 Feb. 17; ■ 19U4. 19*à 19k 3 (in millions of dollars) U. S, Govt, sccuritios (incl. ^uar. sec.) 11,39^ + 225 +5,599 Loans, discounts, and advances U2 + 10 + 19 Othtr Reserve Bank credit 52Ù + 215 + 128 Total Reserve'Bank credit 11,961 •+ 1*50 ■ +5,7U7 Gold stock 21,302 - 3k - 31*0 Treasury currency' k, 093 1 + 173 ¡■¿ember bank reserve balances 12 »21*1* - 233 - 31*9 Loney in circulation 20,610 ♦ 21* ♦k,765 Treasury cash ■ ' 2,335 + 20 + ill* Treasury deposits with H« Banks 360 + 352 ♦ 172 Nonmornbur deposits and other F.R*accounts 2,303 + 260 + 832 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 FEBRUARY 16, 191*1* (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. Federai Reserve notes 17, Hit, 130 .1156,837 3,73k,ko6 1163,281* 1,521**587 111*1,180 96k,390 3,225,372 732,198 389,171* 621*,610 1*13,01*1* 1,995,01*3 Deposits* iiiember bank-reserve account 12,21*3,790 573*303 3,962,5U0 609,336 950,123 529,21*9 535,681 1,36!*-,202 kk3*l6o 282,996 581,715 515,096 1,396,389 U.S.Treasurer-general acct. 359,661. •32,569 - 77,960 21,731* 21*,1*05 26,633 32,262 38,609 20,625 15,356 12,208 11* ,-663 1*2,532 Foreign l*-551,k75 103,575 1/ 622,605 131,136 129,762 58,320 1*6,656 180,793 k5*l98 32,076 1*2,232 1*2,282 113,790 uth^r 1*16,317 1*,270- 277,728 9,89k 9*37k 6,033 3,321 28,1*61* 11**565 13,011* 2,665 3,1*97 37,992 Total decosits . • 11*, 571*21*3 713,717 1**91*0,833 775,150 1,113,661* 620,235 623,1*20 2,112,068 523, 5i*8 31*3,1*1*2 638,370 575,51*3 1,-590,753 Deferred availability items 1,637,11*5 110,91*0 372,291*.. 99,956 213,991 109,711* 30,367 267,51*1* 71*835 31*, 653 91,813 59*396 166,11*2 Other liabilities including accrued dividends 7,922 . 596 1,586 1*91 570 201 190 799 191. 173 2,51*5 192 388 TOTAL LIABILITIES 53,330^0 1982,090 9,099,119 2038,831 2,852,812 1871,330 1676,367 5,605,733 1,327,772 767,!*!£ 1^57,838 I0k3,675 3,752,331 Capital paid in 156,-051' 9*369 57,656 11,793 15,851 6,266 5,519 18,039 1*,769 . 3,391* 5,078 l*,76l 13,006 Surplus (Section 7) 138,097 -13,206 70.,012 17,859 16,026 5,236 5,725 26,k>0 6,330 '. 3,669 1*,551* 1*,3?1 11*,159 Surplus (Sectiohll3b) 26,965 - 2,871* --7,092 1*,1*21 1,007 3,290 71*9 1,1*29 530 1,000 1,137 1,307 2,129 Other capital accounts 63,905 3,11*3 ll**0i*8 3,861 7,922 1*,683 1*,192 10,329 2,-569 3,567 3,21*9 2,857 3,335 TOTAL LIABILITIES AND .CAPITAL ACCOUNTS 33,815,1*58.2011,182 9,21*7,927 2076,315 2,893,618 1890*305 1692,552 5,665,120131*2,070 779,072 1371,8561062,1*31 3,735,010 Commitments to make industrial loans 9,671 ..700 9 1,823 100 ' 766 ~ ■— * . -16 — 3,000 630 2,577 F. K. notes outstanding 17,717,063 1192,393 3,911,918 1190,816 1, 563,966 il81,l*2l* 1011,811* 3,2-37,127 763,1*13 396,71*2 61*3,013 1*1*3.51*1^ 25,896 Collateral for F.R^notes held by F. R.Agents t, Gold certificates 13,066,000’ 761,000 3,31*0,000 720,000 1, 165,000 775,000 750,000 2, 530,0:0 koo^ooo 230,000 1*10,000 311,000 1,67k,000 Eligible paper 28,563' 1,025 21*,353 l,ok5 — 2,130 . —' - i- ' • - ID — ................................. U.S.Govt, securities - k,9k9,5i2 • k5Q,ooo 600,000 k75,ooo koo,ooo -k5o,ooo 300,000- 790,000 k09,512 175,000 250,000 150,000 500,000 MuTPRITY DISTRIBUTION OF LO-ùtë AND SBCuRITILS 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 discounts and advances 32,255 20,662 6,950 2,710 . 1,933 Industrial loans 10,37k 9*'k27 5 33 230 136 372 100 71 L'. S. Govt, securities (incl. guar, sec.) H ,39k,326 1, 569,218 1,221,191 3,oko,76o ’ 1,69k,698 562,6k0 1,099,350 1*71,300 500,021 1,235,11*8 l / After deducting $927,290,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form V. R. 283a Released for publication Friday morning, February 1*^,I9UU; not earlier, STaTEIIENT 0/ condition OF THE TTiitSLVE FEDERAL. RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Feb, 16, Feb. 9>' Feb. 17, 19 hh I9kk I9k3 j i g S i l S Gold certificates on hand and due from 0. S, Treasury 19,371,576 - k2,597 <»■1,067,706 Redemption fund - F. b. notes 263,991 + . UO93 + 227,695 Other cash 347,036 - 3,733 - 51,532 Total reserves 19, ^5*605 - k5,637 - 391,5k3 Discounts and udvances 32,255 + 9,80k + 22,020 Industrial loains io,37k + • 'k35 3,511 U, S, Govt, securities”: Bills • 5, 117,1+17 +lkk,32'3 +k,030,373 Certificates •2,66k, 5k 0 + 77,500 ‘ +1,363,165 Notes 932,200 - 1,000 - 302,685 Bonds -1,500, 1-j9 ' + ‘k,k35 796,671 Total U. S. Govt, securities (incl. guar, sec.) ll,39k,326 +225,253 +5,599,137 Total loans and securities l-l, k36,95-5 +235,502 '+5,6l3,k96 ■L'ue from foreign banks 156 * m.mm + 89 if*, R, note's of other banks 79,296 ~ 2,1*03 + 35,033 Uncollected items 2,2il,079 +663,k6l + 51k,773 Bank prenises • 35,112 ■ -- 1 k.003 Other assets 67,275 + 1,619 - 23,03k TUTaL assets 33,3l5,k53 +357,5k2 ■<:5,2k-3,9kl l i a b i l i t i e s federal Reserve r.ott-s 17,11k,130 + 29,157 +k,635,200 Deposits» «ember bank - reserve account 12,21*3,790 -230,552 - 3k9,lk9 U.S.Treasurer-£enerc.l account 359,661. +3-51* 2k2 + 171,531 Foreign l,55l,k75 + 26,539 + 7k9,lk3 Other klS,3l7 +23k,575 + 50,152 Total deposits lk, 571,21*3 +373,79k + 131,677 Deferred availability items 1,607,lk5 +k 53)657 + 336,70k Other liabilities including accrued dividends 7,922 + 361 3,518 TOTAL LIABILITIES 33,330,kk0 +856,969 +5,207,179 C •- C T S • f t P I I u L G- 0 U P Canitul paid in 156,051 + 109 + 9,230 Surplus (Section 7) 103,097 ^ m* + 27,606 Surplus (Section 13b) . ¿6,955 + 136 Other capital aocounts 63»905 + l*6k + k,702 TO'T-xL LABILITIES AXD C.jlT^L .iCCOUNTS 33,315,k50 +357 , 5k2 +5,2k'i,9kl Ratio of total reserves to deposit 1 and F. R. note liabilities combined 63.1% - .9% - Ik. % Commitmerts to make industrial loons ’ 9,671 611 1,092 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F./R« 283b STaTEüEHT OF CONDITION OF THS FEDERAL RES El-VS BANKS ON FEBRÜARY 16, I9U* • { In thousands of dollars) A S S E T S Total Boston •Nev.- York Phila. Cleve. Rich. Atlanta Chicago St.Louis ¿•'¿inn. Kans. Cy. Dallas San Fran. Gold certificates on hand and due from U.S.Treasury I9,37ll,576 1011,072 5,266,61*5 10-76,980 1*569,069 1061*, 15I* 1018,807 3,616,262 700,1*88,1*08,697 71*8,1*22 530,-109 2,363,863 Redemption fund-F.R.notes 263,991 22*,908 1*0,1*91* 21*, 11*9 20,281 21*, 01*5 18,138 38,957 19,1*91 8,565 12,132 9,61*1* 25,187 Other cash 3U7.038 33-,907 80,822 26,572 26,1*30 20,172 21,805 1*2,756 li*, I06 8,596 11,980 10,671* 1*1,168 Total reserves 19,985,605 1067,057 5,395,961 1127,709 1,615,830 1108,371 1050,750 3,697,975 731*, 085 1*25,853 772,531* 550,1*27 2,1*30,218 Discounts and advances 32,255 1,025 21*, 353 1,01*5 20 2,130 50 1,800 10 1,322 500 Industrial loans 10,371* 381* 123 Ù.383 380 227 103 1+ ~ 235 30 12 1*,1*83 U. S. Govt, securities? Bills 6,117,1*17 361,019 2,099,270 398,211* 1*27,810 270,105 200,657 995,1*52 251,617 137,616 210,997 179,363 •577,297 Certificates 2,66!*, 5b0 201*, 009 59l*,227 200,065 292,061* 177,01*1* 11+0,017 286,783 130,629 81*, 391* 130,762 121*, 632 275,121* Notes 932,200 71,371* 207,392 72,793 102,100 62,210 51,731* 100,331 1*5,700 29,521* 1*3,51*7 1*3,60I; 96,253 3onds 1,680,169 123,61*2 37U,69c 131,199 131*, 167 112,139 93,333 180,833 32,369 53,213 37,500 73,592 1734*31* Total U.S. Govt, securities - • • • . . . (incl. guar, sec.) n,39l*,326 765,01*1+ 3,276,037 310,271 1,006,221 622,306 50l,79ll,563,399 510,315 304,737 . 1*05,006. 1+261,191 1,122,153 Total loans and securities 11,1*36,955 766,1*53 3,300,563 315,699 1,006,621 621*, 663 50l,9l*9 1,565,203 510,325 301*,972 1*85,836 1*27,525 1,-127,11*6 Due from foreign banks 136 10 1/ 1+9’ 12 12 • 6 h 17 1* 3 1* 1* 11 notes of other banks '79,296 1,1*80 12,633 2,01*9 2,980 12,309 8,1*12 7,326 5,313 2,920 5,11*7 3V520 11*, 207 Uncollected items 2,211,079 168,961* • 511*,221* 123,171 ■256,'02l* ‘ 137» 261 118,050 380,851 '87,261 1*1,851 102,223 76,71*6 201*, 1*53 Bank premises 35,H2 1,661 9,101 3,588 l*,20l* 2,929 1,650 2,91*1 2,062 1,273 2,726 956 2,016 Other assets 67,275 It, 727 15,396 1**587 7,9k7 1*,766 3,737 7,307 3,020 2,190 3,336 3,253 6,959 TOTaL ASSETS 33,315,1*582>011,182 97>,2b“1+*7u,9;27 2076,815 2,893,618 1890,805 1*692,552 5,662,120 131*2,070 779,072 1371,856 1062,1*31 3,785,010 l / After deducting $87,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis