H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 233 ST.-ÍTSS-JBNT FOR THE x°RESS. Released for publication Board of Governors Friday morning, Larch 10; of the Federal Reserve System not earlier. Liarch 9, 19!*!* CwNDITIOii' OF THE FELiER^L KJ3BKVE BANKS During the week ended Larch 5 member bank reserve balances increased ¿3*000,000. additions to member bwik reserves arose from an increase of •'■396,000,000 in Reserve Bank credit and a reduction of $10,000,000 in Treasury cash, ’offsef ih part by a reduction’ pi. $1*2’, 000,000 in gold" stock and increases of $11*0,000,000 in money in circulation, $12^,000,000 in Treasury deposits-with * Federal Reserve Banks and $92,000,000 in nomnomber deposits and oth r, Federal - Reserve accounts. Excess reserves of member banks’ on Inarch 8 were estimated to be approximately $1,0'00,000,000. There was an increase of $1*05*00..', 000 in holdings of Uni tod States Govern­ ment securities: bills increased $371,000,000; certificates ^29,000,000 and bonds $10,000,000.5 while notes decreased $5,000,000# : Chun/ps in member bank reservó balances and related items during the week; and the year cnd;d Lurch 3, I9I4.I4, :vcrc.-as follows: Increase or decrease since March 8, ¿larch. 1, I¿arch 10, ígljli i9klt 19U5 (In millions of dollars) U,S# Govt, securities (incl. ^,uar. sec.) 12,029 + 1*05 +5,939 Loanp, discounts, and advances £2 15 + 1*0 Other Reserve Sank credit 3U7. . 21; + 69 Total Reserve Bank credit 12,1*3-3 + 3)6 . +6,0l*8 Gold st « ock •' m » 21,670: . - , 1*2 ■- 97U Treasury currency Ui090 • 1 + 119 Member‘bank reserve balances 12 ,.393-. . + • 3 739* ;..oney in circulation* 20,963 ■f 11*0 "+i*,758 Treasury cash 2,3Uo - 10 + 122 Treasury deposits with Banks 2 69 + 129 + 261* Konmember deposits and, other F.R, apfcpujits 2,2i*l* • * + •92 + 739- Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F, 283° STaTSLENT OF CONDITION OF THE FEDERAL RÉSERVE BANKS ON MARCH 8, lgldj. (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 17,1*1*3,099 1170*023 3,663,337 1132,2ol* l',55o,953 *160,259 991,663 3,27l*;l83 71*5.290 39hM7 61*2,01*0 1*26,672 2,01*2,058 Deposits* Iviember bank-reserve acct. 12,333»079 583,035 1*,099.981 613,597 956,073 501,933 51*7,*75.1,339,395 1*1*9,271 273,1*1*3 5'30.538 519*998 1.353,235 U.S.Treasurer-general acct, 268,811* 18,336 77,225 15,01*9 13.1*55 21*,661 11,305 17,601 19,185 18,668 18,1*53 13.007 21,869 .foreign 1,568,031* 101*^819 1/631,871* 135,119 130,713 58,71*7 1*6,998 132,117 1*5,529 32,311 1*2,592 1*2,592 Hi*,623 Other 337»087 3,686 21*7,652 5,875 6,1*81 1*,037 1^,933 2,738 9,919 10,002 3,192 2,799 35,673 Total deposits 11*, 557,011* 711*, 876 5,056,732 769,61*0 1,106,727 589.1*28 610,961 2,091,851 523,901* :539,1*21* 61*1*, 775 573,296 1,530,1*00 as 1,211*, 371* 93,330 235,1*77 69,633 121,630 102,050 67,399 185,339 57,698 25,257 82,673 1*5,1*1*0 127,91*8 O accrued dividends 11,008 615 1,917 1*,506 61*7 257 510 927 287 210 .1*15 181 536 TOTAL LIABILITIES 33,225,1*95 1978,81*9 9.157,1*63 2*025-,983 2,779,957 1851,991* 1671,038 5,552,300 1327,179 ‘759,2981369,9031050,589 3,700,91*2 Capital paid in 156,378 9.372 , 57,71*1* 11,828 15,890 6,265 5,51*9 18,151 1*,790 3,l*ol* 5,090 1*,737 13,008 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* l*,83i 11*,159 Surplus (ejection ljb) 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 65,951* 3,31*2 11*,1*93 1*,068 8,137 1*,811 1*,259 io,l*53 2,838 3,61*9 3,1*28 2,950 3,526 TOTAL LLJBILITIjsS AND CAPITAL ACCOUNTS , 33,662,839 2008,11*3 9,306,801* 2o6i*,159 2,821,017 1871,596 1687,320 5,608,823 131*1,667 771,0201381*, 112106I*, 1*61* 3,733,761* Commitments to make industrial laaas 10,1*33 700 ,9 2,311* 90 928 16 — 3,000 680 2,696 R. notes outstanding 17,960,031* 1193,975 3,985,526 12o6,1*57 1,582,751 1186,770 I03l*,978 3,330,71*9 775,809 1*01,26i 659,013 1*53,606 2,11*9,139 Collateral for F,R»notes held by F.R.Agents: Gold certificates 13,316,000 751,000 3,600,000 735,ooo 1,185,000 775,000 750,000 2,590,000 295,000 230,000 1*20,000 236,000 1,699, WO Eligible paper 1*6,093 2,010 28,303 8,765 — 3,105 1*,710 -- U.S.Govt, securities 1*,871,203 1*50,000 1*00,000 l*75,ooo 1*00,000 1*50,000 300,000 790,000 506,203 175,000 250,000 175,000 500,000 LiATURITI DISTRIBUTION 0/ L0ÜJS iUJD bSCURI TIES Within 16 to 31 to 6l 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 Discounts and advances 51,895 39.097. 10,105 2,518 175 Industrial loans 9,780 7,91*1 389 526 283 130 31*7 118 1*6 U.S,Govt. securities (incl. guar, sec.) 12,029,093 1,679,275 1,929,177 2,529,893 2,061,1*01 821,190 ‘1,133.100 197,000 329,971 1,11*8,086 l / After deducting $93l*»083,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283a Released for publication Friday morning, March D,I9W4» not earlier, STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COiiB INED (In thousands of dollars) Increase or decrease since March 8, March 1, ¿arch 10, 19UÜ 19UU .19143 A S' a E T S Gold certificates on hand and due from U.S. Treasury 19,257,025 - 15,71+5 -1,185,353 Redemption fund -►F, R. ncjtes 2JU6,U19 ♦ U,-277 + 205,U47 Other cash • 329,83li - 19,822 ho,669 Total reserves 19.333,078 - 61,290 -1,020,575 Discounts and advances 51,895 + 114,795 + U3.1U7 Industrial loans , 9,790 139 3,539 U.S. Govt, securities: • Bills 6,717,732 +370,681- +5,391,856 Certificates 2,725,01+0 . + .23,800 +1,30*4,165 Notes 899,700 - 5,000 .- 201,575 3onds 1,696,621 + 10,150 - 555,li6i4 Total U, S.‘ Govt, securities • . ., (incl, guar, sec.) 12,029,093 +UoU, 631. +5,933,982 Total loans and securities 12,090,768 +1U9,277 ■ +5,978,590 Due .from foreign banks 136 r- , + 89 F. ft. notes of other banks • 67,586 - 6,931 +• 2U.9UU Uncollected items 1,561,631 -I6li,852 + 200,1466 Bank premises • 35,022 li,089 Other assqts • 7h> 668 . + ’ 14,898 18,221 TOTAL ASSETS 33,662,889 +191,102 +5,161,2014 L I A B I L I T I E S Federal Reserve notes 17;lili3,099 ■+ioa,i5U +14,737,763 Deposits: ¡¿ember bank-reserve account 12,383,079; + 3,3U3 - 738,5149 U.S.Treasurer-general, aocount • 268,8l!i +128,759 + 2614,006 Foreign 568,03I4 - 6,1442 + 671,2114 Other 337,087 + 97,'021 + 514,1425 Total deposits 1U,557;01U +222,681- + 251,096 Deferred- availability items •1,211*, 37!* -1141,1463 + 131,1477 Other liabilities including ' . • accrued dividends 11,008 ••+ U,935 + 2,1+96 TOTAL LIABILITIES 33,225,U95 +190,307 +5,122,832 C A P I T A L A C C O UNT S - Capital 03.id in 156,378 + 68 + 9,1465 Surplus’ ( 3ec cion. 7) , 133,097 + 27,686 Surplus (Seo'ti'on 13b*) 26,965 — + 136 Other capital accounts 65,95k + 1,085 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 33,662,889 +191,102 +5,161,2014 Ratio of total reserves,, to deposit and F. R, note liabilities combine'd 62.0°/i - . .8fo - 15.2% Commitments to make industrial loans. 10,14-33 • + 125 1,1492 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R_ 283b STATEMENT OF CÔKDITIQB; ;OF'THE FEDERAL RESÈRVE BAMS OK MfiCE 8, 1944 (In thousands of dollars) A S S E T S Total .Boston; K ew York Phi la. • Clever Rich*. Atlanta Chicago S t..Loui s Minnv Kans._Cy. Dallas San Fran, Gold certificates on hand and due from U.S.Treasury 19,257,825 1016,004 5,350,017 1064,325- 1,573,661 1066,813 1040,160 3 ,-533 »580 617,287 337,443 Redemption fund -F.R.m Other cash Total reserves Discounts and advances Industrial loans U. 3. Gbvt.., ses'curities; Bills - • ; , Certificates Notes Bonds (incl«~guar.. sec. ) Total loans and securities Due from 'foreign banks F.R.notes of other banks Uncollected items sank premises Other assets r- & CO ft 533,290 2,330,339 »s 246,419 - 22,675 21,016 - 24,755’ 20,005 23,61*6 14,355 39,61*3 24,4oo 8,787 12,066 9,574 24,997 328,834 2^,164 8i*,446 22,766 23,595 15,666 17,301 60,285 11,728 6,995 10^396 9,561 35,931 19,833,073 1067,843 5,455,479 1111,846 1,617,261 1106,125 1072,816 3,633,508 653,415 403,225 762,318. 557,425 2,391,317 51,895 2,010 28,303 8,765 530 3,105 50 1,500 4,710 — 2,422’ 500 9,780 367 123 3,734 375 224 107 4 266 30 12 4,488 6,71.7,732 379,154 2,289,224 419,528 466,51*1 274,068 202,571 1,144,612 31*4,928 159,816 233,847'138,686 609,757 2,725,040 205,663 607,271 212,743 298,777 181,973 151.434 293,196 133.629 86,312 141,950 127,527 231,505 889,700 60,125 198,267 69,462 97,51*8 59,414 49,458 .95,725 43.629 20,180 46,344 41,633 91,910 1,696,621 129,912. 373,087 .132,460 - 186,021 113,300 94,313. 132,543 . 83,199 53,739 .. 38,377 •79,402 175,268 es 12,0^9,093 785,854 3,4?2V849- 834/190 I04©;387 ’ 628,760 "497,326 1,716^076’605,335 328,047 515,513 -1*37,253 1,153,440 i 1 12,090,768 788,231 3,501,275 346,747 1,049,792 632,089 497,983 1,717,5-30 610,095 323,313 •515,543. -1*39,687 1,163,428 . 136 • 10 1/49:. 12 ' i ' 12 6 '4 17 4 3 4 : h 11 ... 67,586 1,235.. ir,934 2,503 • ; 2,440 v .7',5$2 , 7,316 • -7,474 *; 4,999 2,330 3/683; 2,813 12^752 1,561,631 144,205 • 312,844’ 90,521 139,244 . 117,344 103,080 239,653 67,31*1 33,672 95,689-, 60,195 156,833 •35,022 1,656 9,081 3,576 ■ 4,195 2,922 1,61*6 2,934 2,053 1.276 2,720 948 2,010 74,668 4,963 16,142 3,949 8,073 5,058 3,975 7,652 3,255 2,151 3,650' 3,392 7,408 TOTAL ASSETS 33,662,889 2008*143; 9 ,306J801*^2064,159 2,821,01? 1871,^6 1637,320 5,603,8231341,667 771,020 1334» 1121054,1*61* 3.733,764 » * * * ’ ; " I l/A fter deducting $87,000 participations of-other Federal koservte £<-nks* Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis