H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 283 STATEMENT FOR THB PRESS Released for publication Board of Governors. Friday morning, July lU; of the Federal Reserve System not eixrlior. July 13, 19bb CONDITION OF THE FEDERAL RESERVE BfcNKS During the week ended July 12^ member bank reserve balances decreased $133,000,000. Reductions in member bank reserves arose from increases of $298,000,000 in Treasury deposits with Federal Reserve Banks, $7,000,000 in Treasury cash, and $2,000,000 in nonmember deposits and other Federal Reserve accounts, and a decrease of £19,000,000 in gold stock, offset in part by an increase of $151,000,000 in Reserve Bank credit and a decrease of $37,000,000 in money in circulation. Excess reserves of member banks on July 12 were estimated to be approximately $1, 600,000,000. There was an increase of $73,000,000 in holdings of United States Government securities: bills increased $83,0C.,,000 while bonds decreased $5*000,000. Changes in member bank reserve balances and related items during the week and the y~ar ended July 12, I9I4I4.; -were as follows: Increase or decrease since July 12, July 5, July ll|, I9hh 19UU 19^5 (In millions of dollars) U. Sf Govt, securities (incl* guar, sec*) 11*, 316 + 73 + 7,171 Loans, discounts, and advances 56 + 23 + 33 Other Reserve Bank credit 363 + 1*9 - 119 Total Reserve Bank credit 15,236 '+ 151 + 7,036 Gold stock 21, 111* - 19 - 1,21*8 Treasury currency b,i07 + 21 ïviember bank reserve balances 12,81*9 - 138 + 589 ¿¿oney in circulation 22,561 - 37 + b,903 Treasury cash ;2,303 + 7 + 36 Treasury deposits with F# R. Banks 517 + 298 - .99 lionirurrber deposits and other F.R,accounts 2,227 + 2 + [*30 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JULY 12, 191+1+ Form F. R. 283c (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 SanFran. Foderai Reserve notes 18,958,71+9 .121+6,321+ 1+,231,765 1265,1+30 1,678,892 1233,811+ 1096,798 3,508,713 80l*,60l* 1*20,571 697,2?2 2+70,32*1* 2 ,30!+,222 Deposits: iviember bank-reservë acct .12,81+9,307 625.3U3 k. 11+5,519 61*2,1+58 1,004,583 51*7,626 573,616 1,951,306 1*55,1*51 285,591 589,763 561,703 1,1*66,32+8 ü.S•Treasurer-general acct. 516,761 28,109 119,753 25,897 1*8,983 30,782* 21*,92*6 76,236 28,565 25,1+51+ 29,722 16,205 62,107 Foreign 1,1*87,693 103,091 1/559,220 134,151 129,776 58,326 2*6,66l 180,812 1*5,203 32,079 2*2,-286 2+2,287 113,801 Other 375,130 1*,1*86 272,781+ 8,313 10,837 3,953 2* ,969 7,ol*5 11,691* 1+.972+ 3,£61 5,52*5 36,569 Total deposits 15,228,891 761,029 5,097,276 810,819 1,19^,179 61+0,689 650,192 2,215,399 52*0,913 31*8,098 665,732 625,72*0 1,673,825 Deferred availability items IJ4I4.7*1*4-8 127,619 272,751+ 89,61+1 I52 ,216 110,1*2+6 81,587 219,1*86 62,1*33 31,337 95,212 52*, 312 150,105 Other liabilities including accrucd dividends 7 ,2+81+ 651 2,032 507 71*9 270 703 892* 235 186 529 232 1*96 TJTAL LIABILITIES 3$,61+2,272 2135,623 9,603,827 2166,397 3,026,036 1985,219 1829,280 5,9kk,2*92 12*08,185 800,192 12*58,71+5 1150,620 2+,133,61+8 Capital paid in .158,922 9,936 58,098 12,076 16,209 6,31*7 5,709 18,726 1**857 3,1+51 5,12*6 5,005 13,362 Surplus (Section 7) 188,097 13,206 70 ,012 17,859 16,026 5,236 5,725 26,2+90 6,330 3,669 k,55h 1*,331 12*, 159 Surplus (Secti.on 13b) 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 80,0l+l+ 1*,397 18,361+ 5,272 9,563 5,620 1*,917 11,936 3,1+22 1*,110 2+ ,080 3,561 l+,752 TOTAL LIABILITIES AMD CAPITAL ACCOUNTS 36,096,300 2166,036 9,757,393 2206,025 3,068,81*1 2005,712 181+6,380 6,003,123 12*23,322+ 312,2+22 12+73,662 1165,332 1+,168,050 Comiiitments to make industrial loans 3,915 275 8 1,665 1*2 991 — --- 1*8 --- — 836 F« R. notes outstanding 19,616,036 1281*,62*1 1+ ,1+16,902 1301,070 1,719,086 1269,1*23 112*9,31*6 3,583,626 82+3,852 1*30,153 716,92*2 2+99,193 2,1+01,802 Collateral f:>r F. R. notes held by F. R. agents: Gold certificates 11,8i|2 ,000 786,000 2,2+70,000 605,000 l ,025,000 775,000 660,000 2 ,520 ,000 375,000 216,000 2+30,000 256,000 1,722+,000 Eligible paper 1*0,950 3,870 28,375 . 1,100 — 1,375 — — 1*,000 --- 2,230 — — U*S.Govt. securities 8,203,1+66 600,000 2,000,000 700,000 700,000 525,000 500,000 1,100,000 503,1*66 225,000 300,000 250,000 800,000 MATURITY DISTRIBUTION OF1 LOANS AS?D SECURITIES 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 day s 6 months to 1 year years years 5 years Discounts and advances 1*5,125 36,955 I+50 705 71,015 mm — — Industrial loans 11,176 10,081 1 1*72 227 221* 61+ 76 31 — U. S. Govt, securities (incl. guar, sec.) Ik,815,981 1,563,721 1,789,110 3,810,228 3,376,3^1 i+17,250 l,70U,371 17,80C 1,021,926 1,115,23!. l / After deducting 5927,389,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R, 283& Released for publication Friday morning, July ll*#l9'kUs not earlier#’ STaTELSNT of condition OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since 5 J u l y 1 2 , J u l y , J u ly ll+, . 19U1+ .191+1+ 191+3 A S S E T S Gold certificates on hand and due from U. S. Treasury 18,528:, 125 ’ - 23;750“ -l,6L7,592 Redemption fund - F. R. notes 1+20 , 533 + 3,083 + 365,1+23 Other cash 276,023 + 1+, 767 - 78,057 Total reserves 19,22]+, 631 - 15,900 -1,330,226 Discounts and advances 1+5,125 23*130 + -31+, 853 + Industrie.1 loans 11,176 31 1,753 U. S. Govt, securities; Bills 8,792,360 + 33,073 +1+, l+65,ol+2 Certificates 3,381,990 - - +2,290,290 Notes 1,182,535 — + '1+37 , 635 Bonds 1,1+59,096 - 5,000 - 21,652 Total U, S. Govt, securities [ inc 1. guar. s >;c, ) * 1U,815,981 + 73,078 +7I171,315 e- . Total loans and securities lit, 872,232 +101,239 +7,20l+,l+10 Due from foreign banks 136 + 2 - - F. R. notes of other banks 91,100 lit, 236 29,398 + + Uncollected items 1,810,313 +21+6,221+ - 39,51+7 Bank premises 31+, 705 + 1 l+,oo6 Other assets 63,083 + 1,91+7 + l,H 5 TOTaL ASSETS 36,096,300 +3i+7,797 +5,861,11+6 L I A B I L I T I E S Fede ra1 Re s o rve notes 18,958,719 * 12,911+ +U,86U,30U Deposits: Member bank-reserve account 12,81*9,307 -137,606 589,1; 66 U, S , T r e. .s u r e r- gene r a 1 a c c cunt 516,761 +297;513' 99,166 Foreign 1,137,693 + 17,135 + 393,620 Other 375,130 - 15,393 + 3,570 Total deposits 15,226,991 +161,69!+ 887,1+90 Deferred availability items i,ua7,ius +197,357 79,593 Other liabilities including acc rue d d i vid end s 7,131* + 505 +. 1,578 TOTAL LIABILITIES 35.^2,272 +5,832,970 C A P I T'a L a C C 0 U N T S Capital paid in 158,922 132 + 10,091+ Surplus (section 7) 1-38,097 + 27,686 Surplus (Section l*3b) 26,965 + 136 Other capital accounts 80, 01+1+ 973 9,740 TOTAL LIABILITIES AND C^PITaL ACCOUNTS 36,096,300 +31+7,797 +5,061,11+6 Ratio of total reserves to deposit and F, R. note liabilities combined 56.2% .3% 16.1% Commitment8 to make industrial loans 3,;i5 50 7,998 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F; R. 283k STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JULY 12, I9I+I+ (In thousands of'dollars) A S S E T S Total. Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.C y. Dallas San Fran. Gold certificates on hand and due from U.S.Treasury 18, 528,125 1059,621 1*, 529,712 979,51*0 1,1+81+, 720 1051,01+5 961,71+8 3,629,999 692,537 37M1+8 719,660 51*1*,07I 2,501,321* Redemption fund -F.R.notes 1*20,533 26,01-5 100,1*81+ 35,589 ■ 35,658 28,01+0 25,899 55,872 28,713 11,527 11+.511* 13,019 1*5,203 Other cash. 276,023 18,757 73,131 21,072 22,328 16,619 18,583 1+1,005 12,739 5,851* 12,581 8,500 21*, 855 Total reserves 19,221*,681 110l*,393 1i,703,327 1036,201 1,51*2,706 1095,701* 1006,230 3,726,876 733,988 391,529 71*6,755 565,590 2,571,382 Discounts and advances 1+5,125 3,870 28,375 1,100 250 1,375 925 3,000 l+,000 - - 2,230 Industrial loans 11,176 1,535 89 l+,7l+7 355 188 35 ------ - - 232 25 ------ 3,970 U. 8. Govt, securities: Bills 8,792,360 1*50,069 3,31*3,682 51+6,531 651,1*02 363,663 35U,515 1,286,116 308,060 193,825 298,957 250,625 71+1+,915 Certificates 3,981,990 256,13!* 710,761+ 278,091+ 378,121* 223,000 207,1+25 376,536 163,300 100,1+21 176,510 152,623 359,059 Notes 1,182,535 39,559 21+8,523 97,236 132,215 77,973 72,527 131,658 57,100 35,nl* 61,716 53,361* 125,550 Bonds 1,1+59,096 110,505 306,61+5 119,977 163,136 96,208 89,1*89 162,1+1+9 70,1+51* 1*3,326 76,150 65,81+5 15I*,912 Total U* S# Govt, securities (incl. guar, sec.) 11*, 8a 5,981 906,267 1*,609,611* 101*1,838 1,321*,877 760,81+1+ 723,956 1,956,759 598,911* 372,686 613,333 522,1*57 1,381* ,1*36 Total loans and securities 11*,872,282 911,672 1*,638,078 101*7,685 1,325,1*82 762,1+07 72l+,9l6 1,959,759 602,911+372,918 615,588 522,1*57 1,388,1+06 Due from foreign banks 136 10 1/U 9 12 12 6 1+ 17 1* 3 1* 1* 11 ¿‘•R.notes of other banks 91,100 1,630 l£,l+6l 3,305 3,866- 11,21*8 7,1+85 9,865 6,570 3,883 7,187 2,981* 16,616 Uncollected items 1,810,313 11+2,21*1 377,775 110,61+7 185,292 128,910 102,31+2 296,218 71*, 656 1*0,91+0 98,065 70,635 182,592 Bank premises 3^,705 1.638 9,002 3,528 li,158 2,891+ 1,632 2,912 2,01+3 1,266 2,700 91*7 1,985 Other assets 63,083 1*,li 52 12,701 l+,61+7 7,325 l+,5l*3 3,771 7,1+76 3,11*9 li 883 3,363 2,715 7,058 /• 36,996>300 2166,036 9,757,393 2206,025 3,068,81*1 2005,712 181*6,380 6,003,123 U+23,321* 812,1*22 11*73,662 1V165,332 1*,168,050 T O T A L A S S E T S l / After deducting $87,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis