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 23J of the Federal Reserve System not .earlier June 22, I9U 1. CONDITION OF THE FEDErAL RESERVE! BANKS During the week ended June 21 meimer bank reserve balances increased $1*3,000,000. Additions to member bank reserves arose from increases of $180,000.,000. in Reserve Bank credit and $3,000,000 in Treasury currency and de­ creases of $ij.0,000,000 in money in circulation .and $13,000/000 in nonmember deposits and other Federal Reserve accounts, offset in part by a decrease of $10,000,000 in gold stock and increases of $180,000,000 in Treasury deposits with Federal Reserve Banks and $7,00'),000 in Treasury cash. Excess reserves of member banks on June 21 v.ere estimated to be approximately $1,U00,')00,000. There was an increase of $179,000,000 in holdings of United States Government securities: bills increased $169,000,000; certificates $8,000,000; and bonds $10,000,000; while notes decreased $8,000,000, Changes in member bank reserve balances and related items during the week and the year ended June 21, I9U 4, were as fellows: Increase or decrease since June 21, June li;, June 23» 19W+ l?Wl 19U3 (la millions of dollars) U. S. Govt, securities(incl. guar, sec.) 1^,180 + 179 + 8,U32 Loans, discounts, and advances 163 - 1 + 151 Other Reserve Bank credit %2h ' + h + 10 Total Reserve Bank credit 15,786 + 180 + 8,592 Grold.st.>ck 2i;201 - 10 - 1,186 Treasury currency u.107 3 + 28 L-iember bank reserve balances 13,758 + U3 + 1,535 Money in circulation 22,293 - ho + 5,139 Treasury cash 2,339 + 7 + 71 Treasury aeposits with F. R. Banks 33U 180 + Uo Nonmomber deposits and other F. R. accounts 2,369 - 18 + &8 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS JUNE 21, 1914; Korin F. Z6~$c. (in thousands of dollars) L I A B I L I T I E S Total Boston New York Phila. Gleve. Ri ch. Atlanta Chicago St.Louis Linn. Kans.Cy. Dallas San Fran. Federal reserve notes 18,715,801 1235,860 4,199,301 1253,070 1656,790 1220,297 1077,202 3485,328 794,340 419,680 683,551 453,679 2231,003 Deposito: Lember bank-reserve acct .13 ,-757 »866 686,809 . 4,639,254 694,584 1066,493 561,533 566,775 2108,547 455,501 302,366 604,708 527,323 1543,963 U .S .Tre?surer-general acct. 334,124 512 322,741 1,180 545 579 1,030 552 537 1,057 . 1,279 J s s 3,499 Foreign ' 1,580,333 108,029 1/605,543 140,876 136,283 61,250 4v ,000 189,877 47,46y 33 668 44 ,407 1*4,407 119,504 O'their • 419,572 5,855 307,069 8,630 ’9,301 5,515 6,526 '6,518 14,422 sJ y { '3 5,977 3,121 39,930 Total deposits '16,091,895 801,205 5,874,607 845,270 1212,622 628,362 623,301 2305,524 517,929 743,31? 656,371 575,339 1706,396 Deferred availability items-! 688,413 l42,864 293,582 90,799 215,593 152,335 104,166 252,646 73,628 32,312 90,377 57,227 182,879 Other liabilities including accrued dividends 11,282 1,115 3,444 762 1,09 9 515 411 1,479 353 232 626 370 321 . TOTAL LIABILITIES 36,507,391 2181,01(4 10,370,934 21-39,901 3086,109 2002,0k9 1805,160 6oJj4,977 1336,755 796,093 1430,925 1091,865 4121,599 Capital paid in 158,100 9,889 57,847 11,861 16,155 6,325 5,656 18,649 4,830 3,426 5,128 4,937 13,347 Surplus (Section 7) 188,097 13,206 70,012 17,859 16,026 5,236 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 l ,307 2,129 Other capital accounts 77,120 4,226 17,561 5,069 9,293 5,477 4,74 9 11,510 3,317 4,022 .3,919 3,453 4,524 TOTAL LIABILITIES AND capital accjukts 36,957,673 2211,239 10,523 ,446 2229,111 3123,590 2022,357 1822,039 6103,055 1401,762 808 ,210 lli45,663 1106,443 4155,758 Commitments to make industrial advances i+,150 375 8 1,580 42 1,172 --- — 48 — --- — 925 F. R. notes outstanding 1278,375 4,377.229 1288,790 1693,719 1252,876 1140,834 3558,934 831,634 428,911 709,412 455,858 2337,117 Collateral for F. R.. notes held by F. R. Agents: Gold certificates 12,11+0,000 769,000 2,695 ,000 692,000 1003,000 775,000 725,000 2500,000 375,000 206 ,.00.0 430,000 246,000 1724,000 Eligible paper 167,602 13,035 101,535 1,942 — 2,955 --- — 37,700 10 .030: 405 --- --- U.S.Govt. securities 7 ,490,11+3 500,000 1,700 ,000 600,000 700,000 50c,000 425,000 1100,000 490,143 225,000 300,000 250,000 700,000 MATURITY DISI'RIBUTIQN OF LOAr'S AND SECIJIiilTIES Within 16 to 31 to 61 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 171,507 l40,l40 3,290 20,397 7,680 Industrial loans 11,163 • 10,514 11 22 199 187 121 73 31 U • S.. Govt, securities (incl. guar, sec.) 15,179,911 1,786,998 1,339,171 3,423,238 3,791:,773 1,029,000 1,655.371 17,800 1,021,926 1,11k,63k 1,/ After deducting $973,884,000 participations of other Federal Reserve Banks, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Foj-m F. R. 283a Released for publication Fridav morning, June 23,19iU*J not earlier, STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since June 21, June 11*, June 23, 19 kb I9W* 191*3 A S S E T S Gold certificates on hand and due from U. S. Treasury 18,61*6,370 - 17,005 -1,525,31+5 Redemption fund - F, R. notes 386,801* + 5,220 + 332,01*1* Other cash 273,1491 + 9,598 - 105,283 Total reserves 19,311,665 - 2,197 -1,§98,581* Discounts and advances 171,507 - 1,11*5 + 152,569 Industrial loans 11,163 350 1,527 U. S* Govt, securities! Bills 9,21*5,890 +168,573 +5,951,111 Certificates 3,292,990 + 8,000 ♦2,19!*, 790 Notes 1,182,535 - 7,500 + 351,135 Bonds 1,1*58,1*96 + 9,500 - 65,252 Total U. S. Govt, securities, (incl. guar, sec.) . 15,179,911 +178,578 +8,1*31,781* Total loana and securities 15,362,581 ♦177,083 +8,502,826 Due from foreign banks 136 — 1 F, R. notes -of other banks 79,327 + 5,239 + 10,932 Uncollected items 2,111,981* + 78,090 + 1*11*, 287 Bank premises 3l*,73l* 9- 1*,215 Other assets 57,196 - 11*, 173 980 TOTAL ASSETS 36,957,673 +21*1*, 033 +7,701*,265 L I A B I L I T I E S Federal Reserve notes 18,7*5,801 - 22,289 +5,081,007 Deposits: bank - tere-ersibearr ve account 13,757,866 + 1*2,781 +1,531*, 621* U . Treasurer - general account 33U, 12JU +180,1*98 + 1*0,398 Furcign 1,580,333 + 1*6,5U6 + 1*98,766 Other H9,572 - 7U,3l*5 + 111*,982 TofcjJ deposits 16,091,395 +195,1*80 +2,188,770 Lwfer.? .-,c. liability items 1,688,1*13 + 71*, 1*86 + 1*01*, 530 Otho:.' 1. ? : L ; \c-s including at.:-x i.o’ '.I:- 7'/.ends 11,282 - 1*,1*63 + 2,831 TOTAL L' a 67- TTIfiS 36,507,391 +21*3,211* +7,677,138 . C 'I p t r j, l A C C O U N T S . Capital paid in 158,100 + 222 + 9,575 Surplus (^-ction 7) 188,097 — + 27,686 Surplus (Scction 13b) 26,965 + 136 Oth capital accounts 77,120 + 597 - 10,270 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 36,957,673 +21*1*, 033 +7,70l*,265 Ratio of total reserves to deposit and F.R, note liabilities Combined 55.# .3% - 19*3$ Commitments to make industrial Sloans 1*, 150 + 169 8,315 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. H. 283^ S.TA^EMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JUNE 21, 191*1* (In thousands of dollars)" A S S E T S Total Boston New York Phila. Cl eve. Rich. Atlanta Chicago St»Louis liirni. Kans.Cy. Dallas San Fran. Gold certificates on hand and due from U.S.Treasury 18,61*6,370 1033,056 1*, 81*2,222 1023,1*16 1,506,883 1028,337 989,065 3,51*0,760 61*9,31*5 365,987 689,177 1*50,1*92 2,522,630 Redemption.. fun'd-F.R, notes 336,801+ 26,273 86,658 30,530 36,009. 26,239. 22,832 51*. 099 28,837 11,319 11*, 632 13,1H 35,1*15 Other cash 278,1*91 20,.122 78,593 20,507 20,680 15,751* 19,231 39,286 12,650 ; 5,991 12,081* 3,851 21*, 731* Total reserves 19,311,665 1081*,1*51 5,007,1*73 107U.U53 1,563,572 1070,330 1031,178 3,631*,91*5 '690,81*0 383,297 715,893 1+72,1*51* 2,582,779 Discounts and advances 171,507 13,035 101,535 1,91*2 1,1*80 2,955 850 1,075 • 37,700 10,030 1*05 ----- 500 Industrial^ loans 11,163 1,1*51 91 1*,855 360 188 1*0 — — 206 27 -- 3,91*5 ■ 1). 3. Govt, securities: . - - • Bills 9,21*5,890 1*>1,1*93 3,630,056 536,671* 629,11*0 371*. 1*28 313,312 1,1*36,207 300,71*3 185,355 305,000 275;.130 717,81*7 Certificates 3,292,990 251,579 732,177 267,351* 369,111, 211*, 708 183,167 3 53-, 801* 153,080 100,537 173,1*1*9 I55i550 333,1*71* Notes 1,182,535 90,31*3 262,930 96,308 132,551 77,101* 67,572 127,055 51*,971 36,102 62,289 55,058 119,752 Bonds 1,1*58,1*96 111,1*26 321*,288 118,1+12 163,1*81* 95,097 33,31*1 156,705 67,300 1*1*, 526 76,825 68,891* 11*7,698 Total U. S. Govt, securities (incl. guar, sec.) 15,179,9H 286 761,337 652,092 2,123,771 576,599 366,520 617,563 555,1*32 1,318,771 91*1*,81*1 1*,9 l*9 , U 5 1 1 0 1 3 ,1*1*0 1 ,291*, Total loans and securities 15,362,531 959,327 5,051,077 1025,21*5 1,296,126 761*, 1*30 653,782 2,121*, 81*6 611*, 299 376,756 617,995 555,1*32 1,323,216 Due from foreign banks 136 1*9 12 12 6 1* 17 1* 3 1* 11 F.R.notes of other banks 79,327 10 1 / 200 2,691 3,837 9,31*9 6,687 9,265 5,303 1,766 5,250 2,68 1 5 * 16,210 1 , 561* 11*, Uncollected items 2,111,981* 160,198 1*29,733 251*, 133 171,133 125,1*22 321*, 671 86,01*8 1*3,297 72,297 225,31*2 1 1 3 , 8 2 9 1 0 0 , 8 2 1 Bank premises 3l*,78l* 1,61*2 9,022' 3,51*0 1*»150 2,901 1,636 2,919 2,ol*6 1,268 2,706 955 1,991 Other assets 57,196 l*,0l*7 .11,837 l*,3l*i 6,71*7 1*, 150 3,330 6,392 -2,722 1,803 2,991* 2,616 6,209 TOTAL ASSETS 36,957,673 2211,239 10,523,1*1*6 2229,111 3,123,590 2022,357 1322,039 6,103,055 11*01,762 GOG,210 11(1*5,663 1106, U*3.1*, 155,753 ■ l/ After deducting $37 000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis