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, June 16, o f‘the Federal Reserve System not earlier, June 15» 19U1* CONDITION OF THE FEDERAL RESERVE BANKS During the week ended June ll+ member bank reserve balances increased ^$357 *000,-000» Additions to member bank reserves arose from increases of $1+23 *000,000 in Reserve Bank credit and $3,000,000 in Treasury currency and a decrease of $108,000,000 in Treasury deposits with Federal Reserve Banks, offset in part by increases of $78*000,000 in money in circulation, $2*000,000 in Treasury cash and $96,000,000 in nonmember deposits and other Federal Reserve accounts. Excess reserves of member banks on June ll+ were estimated to be approximately $1,100,000,000, There was an increase of $392,000,000 in holdings of United States Government securities? bills increased $346,000,000; certificates $1+5,000 ,000 j and bonds S2,000*000. Changes in member bank reserve balances and related items during the week and the. % Qar ended June 11+, 19hb,r were as follows { Increase or decrease since June ll+, June 7* June l6, 19 là I9hh 19U3 (In millions of dollars) U. S, Govt, securities (incl. guar, sec.) 15*001 + 392 8*375 Loans, discounts, and advances 181+ - 67 160 Other Reserve Bank credit 1+20 ♦ 97 - 18 Total Reserve Bank credit 15,606 + i+23 ; + 8,518 Gold stock 21,211 1 - 1,196 Treasury currency k.ioh + 3 2l+ Member bank reserve balances 13*715 + 357 + 1 *20l+ Money in circulation 22,333 + 78 + 5*1 1j2+ Treasury cash 2,332 + 2 + 5b Treasury deposits with F. R* Banks 15l+ - 108 li+8 Nonmember deposits and other F.R.accounts 2,387 + 96 + 797 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. ft.. 283c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JUNE l4. 1944 (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 18,738.090 1235.805 4203,777 1255,193 1654,518 1222,945 1080,177 3485,143' 796,910 419,370 685,999. 461,789 2236,464 Deposits?- Member bank-reserve acct. 13 ,715*085 683,853 4598,940 695.859 1068,291 543,302 565,223 2109,322 461,335 307,108 600,620 552,953 1528,279 U.S.Treasurer-general acct. 153,626 11,$81 .27,109 10,054 15,339 19,470 2,197 7,030' -8,388 11,197 7,591 13,947 19,623 Foreign 1,533,78? lo4,292j£588,66l- 136,482 132^46 59,436 47,549 184,252. 46,063 32,690 43,091 43,091 115,934 Other 493,917 6,972 365,210 5,430 12,181 12,899 6,801 11,356 14,756 8„823 3,493 - 3,721 42,275 Total deposits 15,896,415 806*798 5579,920' 81*7 ,825 1228,057 635,107 621,770 2311,960 530,542 359,818 654,795 613,712 1706,111 Deferred availability.items 1,613,927. 142,279 320,140- 73,700 184,809 128,992 95,435 256,389 71,007 33^556 74,213 58,684 174,718 Other liabilities including accrued dividends 15,745 1,056 3,642 4,83? 1,160 473 858 1,500 365 285 410 328 781 TOTAL LIABILITIES 36,264,177 2185,938 10,HC7<4?9 2181,605 3068,544 1987,517 1798,240 6054,992.1398,824 813,029 1415,422 1134,513 4118,074 Capital paid in 157,878 , 9,887 57,819 11,864 16,156 6,299 5,598 18,639 4,829 3,425 5,121 4,978 13,263 Surplus (Section 7) 188,0.97 13,206 70,012 17,859 16,026 5,236 5,725 26,490 6,330 3,669 4,554 4,831 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 76,523 4,190 • 17,233 4,992 9,204 5.423 4,699 11,611 3,322 3,997 3,931 3M 3 4.458 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 36,713,640 2216,095K>259»685 2220,741 3110,937 2007,765 1815,011 6113,161 1413,835 825,120 1430,165 1149,042 4152,083 Commitments to make industrial * loans 3,981 450 '8 1,323 42 1,185 — — 48 — — — 925 F. R. notes outstanding 19,320,997 1267,998 4361,559 1282,465 1690,992 1252,449 1128,477 3560,051 833,700427,000 709,146 487,310 2319,850 Collateral for F.R.notes held by F.R.Agents» Gold certificates 12,194,000 759.000 2645,000 682,000 1092,000 775,000 710,000 2530,000 375,000 206,000 430,000 266,000 1724,000 Eligible paper ; 167,497 19,335' 93,260 4,987 — 2,955 .............................. 36,525 10,030 405 - U.S.Govt, securities 7,301,45? 500.0001700.000 600,000 600,000 500,000 425,000.1050,000 476,457 225,000 300,000 225,000 700,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES 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 3 years Discounts wid advances 172,652 140,150 8,655 6,717 17,130 Industrial loans 11,513 10,839 11 24 214 61 255 78 31 ---- U. S. Govt, securities (incl. £uar. sec.) 15,001,333 1626,104 1439,383 3336,482 3712,233 '1088,400 1653,871" 17,$00 968,974 1153,086 l / After de'ducting $944,816,000 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; June 16,19I1J4.; not earlier ■ STATEMENT 0f CONDITION . OF THE TWELVE FEDERAL RESERVE; BANKS. COMBINED (In thousands of clollars) Increase or decrease since June lit, June 7* Juno 16, ' I9W+ 19W+ . 1943 A 3 S E. T S - Gold certificates on hand and due from U. S. Treasury. 18,663,375 - 23,750 -1,5'25,639 Redemption fund - F, R» jiotes 381,581+ + 22,198 + -328,333 Other cash 268,903 + 9,436 <• - 97*802 Total reserves 19,313,862 + 7,884 -1,295,108 Discounts and advances 1-72,652 - 66,898 + 161,854 Industrial loans 11,513 ; ♦ 383 1,431+ U.S. Govt, securities}. * « . , Bills 9.077,312 +346,036 +6,617,251+ Certificates 3,284,990 + 1+4,500 +1,526,790 Notes 1,190,035 - mm mm + 342,935 Bonds 1*1+1+8,996 + 1, 50.0 * 111,952 Total U. S. Govt, securities •• (inci, guar, sec.) 15,001,333 +392,036' +8,375,027 Total loans and. securities 15,185,1+93 +325,521 +8,535,41+7 Due frorn^foreign banks 136 . 1 F. R. .notes of .other banks 7U.088 +. 2,570 + 7,136 Uncollected items 2,033,891; +1+82,745 + 16,363 Bank premises 3U.793 1 l+,223 Other assets 71,369 + i+,890 + .12,756 TOTAL ASSETS 36,713,^0 +82.3,609 +7,272,370 L I A B I L I T I E S Federal Reserve notes 18,7'38,090 + 86,663 +5,081,776 ' Deposits*- Member bank - reserve account 13,715,085 +357,318 +1,203,639 U.S.Treasurer - general account 153,626 • * -108,476 + -ll+7,6S9 Foreign 1,533,787 + 18,158 * 502,980 Other 1*93,917 ' + 75,941 t 267,037 Total deposits 15,Q96,|il5 +31+2,941 ' +2,121,285 Deferred availability itemk l,'613,927 +385,226 + 3l+, 366 Other liabilitie-s including * * . accrued dividends .15*71+5 + U,993 + 7,918 •: TOTAL LIABILITIES 36,2^,177 +822,023 +7,21+5» 3U5 C A P I T A L C C! 0 U N- T S a » * .• Capital paid in 157,878 + '506. + 9 »1+21 • ' Surplus (Section 7) 188,097 + 27,686 Surplus (Section 13b) 26,965 — t 136 '• Other capital accounts 76,523 ♦ 1*080 «• 10,218 TOTjiL LIABILITIES AND CAPITAL ACCOUNTS 36„713.&i0 : +823,609' +7,272,370 Ratio-of%total reserves- to¡deposit and F, R. note liabilities combined •,55.8^ - •&/<> - -19*3% Commitments to make industrial loans • 3,981 488 8,531 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. E. 283b STATEMENT 0F CONDITION OF TfiE FEDERAL RESERVE BANKS ON JUNE 14, lgl*!* (In thousands of dollars) A S S E T S Total Bo'ston lew York Phila. Clevé. Richi Atlanta Chicago St«Louis Minn. Kans.Cy. Dallas San Fran. Gold certificates on hand and due from U.S.Treasury 18.663,375 1031,967 4,646,929 1044,073 1,522,350 1043,158 993,871 3,513,4c7 684,481; 387,410 706,928 • 508,660 2,.530,138 Redemption fund-F.R.notes 381,584 26,349 86,945 30,660 ■30,108 27,009 22,991 55,012 28,871 11,329 14,668 12,139 35,503 Other cash 268,903 19,597 79,179 19,303 21,386 13,551 18,350 36,437 12,411 5,979 io* 531 8,494 23,885 Total reserves 19,313,862' 1077,713 4,813,053 1094,036 1,573,844 1083,718 1035,212 3,60!*,856 725,7.66 404,718 732,127' 529,293 2,639,526 Discounts tod advances 172,652 19,335 93,260 4,987 1,430 2,955 1,150 75 36,525 10,030 ¿*05 2,500 Industrial; loansv 11,513 1,378 91 5,262 360 188 43 — — 214 27 — 3,945 U. S. Govt, sdcuriti^s: Bills 9,077.312 497,979 3,51*3,31*4 523,658 635,495 367,830 310,515 1,508,580 279,389 181,956 2.39,001 262,073 677,492 Certificates 3,234,990 251,038 728,414 266,696! 368,697 214,536 183,257 352,514 152,730 100,265 173,217 155,478 333,146 Notes 1,190,035 90,940 263,878 96,617 133,567 77,719 68,197 127,703 55,330 36,323 62,71*8 56,326 120,687 Bonds 1,448,996 110,729 321,300 117,641 162,632 94,631 83,038 155,492 67,370 44,228 76,1*03 63,532 11*6,950 Total U. Si Govt, securities ( incl. guar. . s.e.c. J 15,001,333 950,686 4,356,936 1004,614 1300,391 75k,7l6 650,007 2,1144,289 551*,819 362,772 601,369 51*2,459 1,273,275 Total loans and securities 15,185,498 971,399 4,950,287 1014,863 1,302,181 757,859 651,205 2„iWì,364. 591,31+4 373,016 601,801 51*2,459 1,234,720 Due from foreign banks 136 10 1/ 49 12 12 6 4 17 1* 3 4 4 11 F.R.notes'of other banks 74,088 i,587 12,966 2,550 3,030- 7,937 7,378 3,810 4,337 2.131 4,683 3,147 14,982 Uncollected items 2,033,894 158,940 460,112. 96,575 219,910 150,491 115,740 31*4,288 86,5U5 41,939 35,342 70,197 203,015 Bank premises 34,793 1,61*2 9,022 3,-5^0 4,167.• ; 2,901 1,636 2*919 2,ol*6 1,268 2,706 ' 955 .1,991 Other assets 71,369 4,804 14,196 9,165 7,793 4,853 3,836 •7,907 3,243. 2,01*5 ;3,502 2,937 7,038 TOTAt ASSETS 36,713,640 2216,095.10,259,685 -5,110,937 200.7*765.1815,oil 6,113,161 1413,835 825,120 1430,165 li49,ol*2 4,152,083 2 2 2 o - ,7 4 l 1/ After deducting $83,,000 participations of other Federal Reserve Banks. . Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis