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, May 5» of the Federal Reserve System not earlier. May 1+, I9I+I+. CONDITION OF THE FEDERAL RESERVE BANKS During the week ended May 3 member bank reserve balances increased $153,000,000,' Additions to member bank reserves arose from an increase of $214.5,000,000 In Reserve Bank credit and decreases of $ll+l+,000,000 in Treasury deposits with Fedoral Reserve Banks and $1+6,000,000 in nonmember deposits and other Federal Peserve accounts, offset in part by an increase of $213,000,000 in money in circulation and $7*0. 0,000 in Treasury cash and decreases of $54*000,000 in gold stock and $2,000,000 in Treasury currency. Excess reserves of member banks on May 3 were estimated to be approximately $300,000,000, There was an increase of $29!+,000,000 in holdings of United ¿tates Govern­ ment securities; bills incre'ased'$21+2,000,000; certificates $1+6,000,000; notes $5,000,000; and bonds $2,000,000. Changes in member bank reserve balances and related items during the week and the y^ar ended May 3, I9IU4., were as follows» Increase or decrease since May 3, April 26, May 5» 1944 I9UU 1943 (In millions of dollars) U. S, Govt, securities (incl, guar, sec.) 13,292 + 29I+ + 6,761 Loans, discounts, and advances 97 - 4 '+ 68 Other Reserve Bank credit 3lU - 45 4- 51 Total Reserve Bank credit 13,730 + 21+5 + 6,880 Gold stock 21,375 - 54 - 1,098 Treasury currency l+,092 — 2 '78 Member’ bank reserve balances 12,690 153 + 781 ton«y in circulation 21,611+ «f 218 + 4,931 Treasury cash 2,334 + 7 + .89 Treasury deposits with F.R* Banks 229 - 144 • 493 Nonmember deposits and other- F.R.accounts -2,330 • - 46 552‘ 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 MA.YJ, 1944 ( In,thousands of dollars) .L | * B I L I T I E S Total Boston New York Phila. Cleve.t Rich. Atlanta Chicago St*Louis Minn. Kans.Cy.. Dallas San Fran. Federal Reserve notes 18,032,112 1198,032 4010,889 1206,409 1591.130' 1188,949 1048,616 3368’,884 771*900 406,679 667*135 446,939 2,126,550 Deposits: Member bank-reserve acct. 12,690,347 613,807 4262,606 637*722 983,264 508,892 518,701 1934,274 440,883 274,820 577,730 505,824 1,431,824 U»S.Treasurer*general acct, 228,906 10,996 57*411 6,668 29,514 5*938 6,620 3?, 295 9,233 12,165 9*947 14,105 34,014 Foreign 1,615*286 110,394 1/627,514 142,599 137*949 61,999 49,600 192,198 48,050 34,ioo 44,950 44,950 120,983 Other 357,61+6 3,362 264,398 5*640 6,883 8,638 2,224 5,5?6 9,906 10,638 3,206 2,699 34,476 Total deposits 14,892,185 738*559 .5211,929 792,629 1157,610 585,467 577,145 2164,343 508,072 331,723 635,833 567,578 1,621,297 Deferred availability items 1,311,574 103,630 262,308 80,602 146,955 101,968 78,239 176,694 57,322 24,874 69,509 44,179 165,294 Other liabilities including accrued dividends 9*318 768 2,601 623 934 312 850 1,395 304 247 305 251 728 TOTAL LIABILITIES 34,245,189 2040,989 9407,727 2030,263 2096,629 1876,696 1704,350 5711,316 1337,598 763,523 1372>732 1058,947 3^ 13,869 Capital paid in 157,037 9,886 57,769 11,844 16,073 6,285 5,571 18,181 4,808 3,417 *5,U5 4,914 13,176 Surplus (Section 7) 188,097 13,206 70,012 17,359 16,026 5,256 5,725 26; 490 6,330 3,669 4-,554 4,331 14*159 Surplus (Section 13b) 26,965 2,874 7,092 4,421 1,007 3,290 749 1,429 530 1,000 1,137 1,307 2,129 Other capital accounts 71,5H 5,779 15,844 4,595 3*702 5*148 4*489 11,152 3,094 5,844 5,666 5^187 4,031 T0T.iL LIABILITIES AND CAPITAL ACCOUNTS 34,688,799 2070,734:9633,444 2118,932 2933,437 1896,655 1721,384 5763,548 1352*360 775,455 1587,252 1075,186 3,947*364 Commitments to make industrial advances 5*802 458 8 ,1.289 50 1,257 48 — — — 2,692 F.R^aotes outstanding 18,585,081 1226,566 4169,544 1235,456 1627,413 1217,525 1085,976 3455,062 799,251 414,025 634,016 472,689 2,217,555 Collateral for F.R.notes held by F.R.Agents: Gold certificates 12,753,000 744,000 3195,000 755,000 1028,000 775,000 720.000 2570,000 500,000 196,000 440,000 231,000 Eligible paper 78,490 12,915 23,055 6,120 — 4,025 U.S.Govt, securities 6,017,459 500,000.1000,000 475,000 600,000 475,ooo 375.000 900,000 rH * [>- £ * O O O 25,100 5,000 2,275 — — 517,459 225,000 250,000 200,000 500,000 MATURITY DISTRIBUTION OF LOANS 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 3 years Discounts and advances 84,983 62,633 3,545 8,725 10,280 mm mm Industrial loons 11,835 11,005 25 76 255 132 270 80 46 - U. S. Govt, securities (incl. guar, sec,) 13,291,992 1,366,444 1,266,772 2,566,941 3,049,204 993,400 1,904,600 17,300 970,245 1,156,586 l / After deducting $935,790,000 participations of'other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F, K. 283a Released for publication Friday-morning, May 5,191*1*» not earlier* STA T E M E N T O F C O N D IT IO N O F TH E TW E LV E F E D E R A L. R E S E R V E B A N K S C O M B IN E D ( In t h o u s a n d s o f d o l l a r s ) I n c r e a s e o r d e c r e a s e s in c e May 3, Apr, 26, 5» . M a y .191*1* • . 19UU • • 19U3 A S S E T S G o ld c e r t i f i c a t e s o n h a n d a n d 18,895*1*25 77,500 -1/360,1*90 d u e fr o m U . S . T r e a s u r y - .3 lit »1*1*2 +21,60l*. £67,255 R e d e m p tio n fu n d - F« R , n o t q s •+ O th e r c a s h 273,636 - 13,519 - . 78,1*25 T o t a l r e s e r v e s 19,1*83,5~53 69,1*15 -1,171,660 - D is c o u n t s a n d a d v a n c e s , 81*,983 ' * h, 1*0.0 + 69,91*0 11,885 21* 1,888 I n d u s t r i a l lo a n s - - U . S , G o v t, s e c u r i t i e s _ : 7,665,521 +21*1,851* • +5, 111*,981 B i l l s 3,013.91*0 1*5,500 +1,91*7.790 C e r t i f i c a t e s + 1,163,761* + 5,000 186,061* N o te s + 1,10*8,7^7 2,000 . 1*87,700 B o n d s + - T o t a l U , S , G o v t, s e c u r i t i e s 1.3 »291,992 +29I*, 351* +6,761,135 ( i n c l , g u a r * s e c ,) T o t a l lo a n s a n d s e c u r i t i e s 13,383,860 +289,930 +6,829,187 D u e .fr o m f o r e i g n b a n k s 136 m mm + 89 F , R , n o t e s o f o t h e r b a n k s 68,0m* - 2,269 + 6,026 U n c o lle c t e d it e m s 1,652,139 -139,915 92,01*9 + B a n k p r e m is e s 31*, 883 h5 l*,or33 •61,18k 931*' •10,899 O th e r a s s e t s + T O T A L A S S E T S 3l*,683,799 + 79,220 +5,71*0,81*9 L I A B I L I T I E S Federal Reserve notes 13,032,112 +209,210 +1*, 873,737 Depositst- Meniber banks - reserve account 12,690,31*7 +153,730 + 781,121* U. S, Treasurer - general account 223,906 -11*3,692 •m 1*92,961 Foreign 1,615,286 - 30,878* 620,991 Other 357,61*6 - 15,590* - 115,81*1* Total deposits •ll*, 392,185 - 36,1*30 + 793,310 Deferred availability items i,3H,57l* - 9I*, 816 + 1*1,71*5 Other liabilities including - * accrued dividends 9,318 + 21*7 2,339 TOTAL LIABILITIES 31*,21*5,189 78,211 +5,711,131 + C A P I T A L A C C O U N T S * . • Capital paid in 157,037 + 132 + ; <$,911 Surplus (Section 7) - 183,097 + i 27 , 686 Surplus (Section 13b) 26,965 mm mm +; 136 Other capital accounts 71-,51I + DC O- 3,081 - T O T A L L IA B I L IT IE S MD C A P IT A L A C C O U N T S ‘ 31*. 683,799’ + 79,220 +5,71*0,81*9 R a t i o o f t o t a l r e s e r v e s t o d e p o s it , F, 52.2?. •; - • # 16.6fo sind R , n o t e l i a b i l i t i e s c o m b in e d Commitments to make industrial, loans 5,802 - 2,992 6,511 - 26 ♦ A p r il f i g u r e s r e v i s e d . Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283b STATEMENT OF. CONDITION OF THE FEDERAL RESERVE' BANKS ON MAY 3, l<$Uk (In thousands of dollars) A S S E T S Total Bbston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy, Dallas San Fran. Gold certificates on handL and due from U.S.Treasury 18,895,1*25 1068,371* 5,160,1*02 1065,091* 1,533,51*5 1026,735 lQ0l*,205 3,1*90,159 578,791* 31*8,398 707,1*1*7 515,753 2,396,519 Redemption fund-F.R.notes1 311*,14*2. 26,897 50,355 2i*,650 • 30,666 25,067 19,872 1*1*, 65I* 29,080 11,091 11,825 11,3H* 28,971 Other cash 273,686 20,591 77,576 21,888, 21,701 li*,560 15,706 1*1,061 11,1*65 6,551* 11,065 8,287 23,232 Total reserves 19,1*83,553 1115,862 5,288,333 1111,632 1,585,912 1066,362 1039,783 3,575,871* 619,339 366,01*3 730,337 535,35k 1 CM s a Discounts and advances 81*,983 12,915 23,055 6,120 629 1*,025 1,061* 1*,200 25,100 5,000 2,275 100 500 Industrial loans 11,885 1,1*11 120 5,1*11* 365 199 90 1* 256 29 2 3,995 U.’ S. Govt, securities* Bills . 7,665,521 381*,701* 2,721,1*57 1*29,510 535,715 321,971 238,81*5 1,319.01*3 362,001 197,536 257,81*8 202,351 69k, 5ko Certificates 3,013,91*0 230,969 61*9,11*2 .2^1*, 676 31*2,91*1* 200,200 177,971* 319,225 11*0,378 91,776 160,671 Ik5,6k5 3lo,3ko Notes 1,163,76k 89,181* 250,650 9l*,l*76 132,1*20 77,302 68,721 123,261 51*,202 35,1*39 62 039 56,238 119,832 Bonds 1,1*1*8,767 111,025 312,031* 117,612 161*,850 96,233 85,551 153,1*1*8 67,1*76 1*1*, 118 77,232 70,010 Ik9,i78 Total U. S. Govt, s ecurities # ' (inci. guar, sec.) 13,291,99? 815,882 3,933,283 886,271* 1,175,929 695,706 571,091 1,911*.977 621*, 057 368,869. 557,790 k7k,2i*k 1,273,890 Total loans and securities 13,388,860 830,208 3,956,1*58 897,808 1,176,923 699*930 572,2i*5 1,919,181 61*9,157 371*, 12$ 560,09k k7k*3k6 1,278,385 Due from foreign hanks 136 10 1/ 1*9. 12 12 6 1* 17 1* 3 1* k 11 F.'R.notes of other banks 68,01*1* 1,298 12,009. 1,955 3,329 8,373 6,1*28 . 7,192 1*,525 1,586 1*,298 3,3kk 13,707 Uncollected items 1,652,139 117,331* 359»605 99,621 160,711 111*, 653 97,533 256,377 71*, 573 30,617 86,615 56,k0l 198,099 Bank premises 31*, 883 1,61*7 9,01*2 3,552 1*,176 2,908 1,639 2,923 2,051 1,271 2,713 963 1,998 Other assets a , 181* k,375 12,91*8 1*,1*02 7,371* 1*,1*23 3,752 6,981* 2,711 1,808 3,191 2,77k 6,ki*2 TOT.il ASSISTS 3k,688,799 2070,73k 9,638,IM 2118,982 2,938,1*37 1896,655 1721,381* 5,768,51*8 1352,360 775,1*53 1387,252 *073,186 3,9k7,36k l// After deducting $37»000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis