H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F, R# 283 STATELKET FOR THE PRESS Released Tor publication rioard of Governors Friday morning, July 21# of the Federal '{esorve System not earlier, July 20, C jNDITIGN OF TitE FEDERAL RESERVE BAIiKS During the week ended July 1§ member bank reserve balances decreased $95,000,000. Reductions in member bank reserves ar;>se from decreases of $237#000 ,000 in Reserve Bank credit and £67*000,000 in gold stock and an increase of $1;5 #000,000 in Treasury cash, offset in part by an increase of $2,000,000 in Treasury currency and decreases of £30,000,000 in money in circulation, 3157#000,0001 in Treasury deposits with Federal Reserve Banks and $65,000,000 in nonmember deposits and other Federal Reserve accounts. Excess reserves of member banks on July 19 were estimated to be approximately 31,500,000,000# There was a decrease of $260,000,000 in holdings of United States Government securities: bills decreased £137 #000,000* notes $I|.5 #000,000; and bonds $78,000,000, Changes in member bank reserve balances and related items during the week and the year ended July 19, 19Wt# were as follows: Increase or decrease since -July 19, July 12, Jul, 21 191A 19Ui I9h3 (In millions of dollars) U. S. Govt, securities (incl-. yuar. sac.) lit,556 -260 +6,919 Loans, discounts and advances :j0 6 + 28 jther Reserve Bank credit 392 + 29 - b2 Total Reserve Bank credit 11,999 -237 +6,966 O pH . ■d so ■P O ¿¡4 21,oUl - 67 -1,300 Treasury currency h,lQ9 + 2 + • ' 25 Member bank rc-serve balances 12,15b. - 95 + 1+35 Money in circulation 22,531 - 30 +L,J25 ir-.-asury cash 2,5Ui + b5 * 11 Trjasury deposits with F. ij. Banks 360 -151 + 67 Noninanber. deposits • and I'thsr i*', R. accounts 2,162 - 65 + 2 ■: i 7 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Fcìrm F, R. 203c STATEMENT OF C-IJDITI li OF 'KE FEDERAL 3ESEiVE 3/JÌKS :>1:i JULY 19, 19i\k (In thousands of dollars) L I A B I L I T I E S Total Boston New Y)rk Phi la.. Giovo. Rich. Atlanta Chicag '■St.Louis fcinn. iians. Cy ♦ Dallas San Fran. Foacral Reserve notes 18,980,881+ 121+1,698 1*237,021+ 1265,093 1680,301 123!.+ ,760 1092,177 3515,313 802,91+1 1+19,91+7 697,1*23 1+66,999 2327,208 Deposits : Lember. bank-reserve acct .12 ,75l+,oi+9'. 621,683 1+113,208 631,178 1018,933 521,760 5i+0,6ii 1975,591+ 1+37,622 283,91*7 600,81+6 536,116 11+72,551 U.S.Treasurer-general acct. 359,jk0 l? ,7kk 98,60! 23,225 3I*,552 11+,795 16,010 . 22,581+ 16,737 13,71+2 21,121 15,238 65,261 Foreign 1 ,1+61,908 - 100,322 1/ 552,925 131 ,¿’.32 127,11+7 57 ,H+5 1+5,716 177,11+8 1+1+.287 31,1*29 1+1,1+30 1+1,1+30 111,1+97 Jih^r 335',756 3,650 21+2,567 9,21+1 8,208 2,681 l*,50l+ 5 »701+ li*,153 3,ll*3 2,379 l+,l+37 35,089 Total deposits lk, 911,1*53 71+3,399 500? ,331 795,076 1188,81+0 596,381 606,31+1 2181,030 512,81+9 332,261 665,776 597,221 l631+,398 Deferred availability ite ms 1,1+72,538 126,982 ■ 280',332 87,11+2 17l+,377 111,827 80,577 19l*,573 65,672 30,072 37,379 55,827 177,828 Jtr+er liabilities mciuamg . accrued dividends 6,786 711 1,806 I+80 769 253 277 971 222 187 37i+ 251 1+85 TOTAL LIABILITIES 35,371,711 2112,790 9520,51+3 211+7,791 30lii+,2Q7 lW+3,221 1779,872 5891,387 1331,63/+ 782 ,¿+67 11+50,952 1120,298 1+189,919 Capital paid in 159,110 9,91+2 58,115 12 ,031+ 16,216 6,371+ 5,711 13,825 l+,867 3.1*51+ 5,153 5,005 13,361+ Surplus (Scction 7) 138,097 13,206 70,012 17,859 16,026 5,236 5,725 26,1+90 6,330 3,669 l+,55l+ 1+.831 11+.159 Surplus (Section 13b) 26,965 .. 2,871+ 7,092 i+,1+21 1,007 3,290 7I+9 1,1*29 530 1,000 1,137 1,307 2,129 0thor capital accounts 81,15!+ k,k7 9 13,739 5,381* 9,713 5,7ll* l+,997 11,991 3 M3 1+.152 l+,063 3,620 1*,859 J?'/TjciL LLutflLI 1I&S AMD CAPITAL ACC-JUNTS 35,327,037 211+3,291 9680,501 2187,539 3087,21+9 1963,835 1797,051+ 5950,622 1396,851+ 79l+,7l+2 11+65,359 1135,061 1+2 21+,1+30 ConuTii tments to make industrial loans i+,10l 275 8 1,851+ 50 988 ---- 1+8 ---- — — 878 F. R. notes outstanding 19,671 M 9 1237,1+51 1+1+16,967 1305,021+ 1721,1+62 1271,351 111+6,166 3582,758 81+1,025 1+29 ,663 721,31*8 i+98,618 21+1+9,616 Collateral for F. R. notes * * * heid by F, R, Agents: Gold certificates 12,187,000 776,000 2770,000 610,000 1025,000 775,000 .66b,000 2520,000 375,000 216,000 I+30,000 256,000 177l+,000 Eligible paper 31.755 3,670 17,585 . 2 ,51+5 1,525 — ---- 6,200 ---- 230 — U.S.Govt, securities 7,918,061 600,000 1700,000 700,000 700,000 525,000 500,000 1100,000 518,061 225,000 300,000 25c ,000 800,000 MATURITY DISISIRUTIOli OF' L I’.NS SECURITIES ’ Within l 6 to 31 to 61 to 91. days to 6 months 1 to 2 2 •t. 5 Over Total 15 days 30 days 60 days 90 days 6 months to 1 year years ¿•ears 5 ¿ears Discounts and advances 38,930 : 21,1+65 1*,670 805 11*,990 _ — ^mmrnmrn __.«. .... Industrial loans ■ 10,9k5 . 9,882 6 1+66 210 212 61+ 7k 31 ---- U. S. Govt, securities (incl. guar, sec.) ' 1^,556,372. 2,012,700 1,31+2,1+81 3,905,357 3 »11+1,617 1*17,250 l,70l+,371 17,800 9 61+,762 1,050,031+ l / After deducting $908,598,000 participations of other Federal Reserve Banks, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. Rf 233a Released for publication Friday morning; July 21,I9UU; not earlier. STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since July 19, July 12, July 21, • 19UU 19l*l* 191*3 A S S’E l V Gold certificates on hand and due from. U* S* Tre-isury 18,1+53,125 - 75,000 -1,677,091 Redemption fund - B*'.notes 1+23,915 + 3,332.. + 371,1*87 Other oash 286,656 + 10,633 - 66,982 Total reserves 19,163,696 - 60,985 -1,372,586 Discounts and advances 3S,930 - 6,195 + 30,109 Industrial loans 10,91+5 - .231. 1,71*3 U, S# Govt* securities: Bills 6,655,115 -137,21+5 +1+,368,58o Certificates 3,331,990 +2,290,290 Notes 1,137,371 - l+l*,661+ + iai+,i*7i Bonds 1,33l ,596 - 77,700 - 93,952 Total U# S« Govt, securities (inci, guar, sec.) lk,556,372 -259,609 +6,979,339 Total loans and securities lU,606,2li7 -260,035 .-7,007,755 Duo from foreign banks 136 + 2 F. R, notes of other bafiks 93,969 + 2,869 + 31,296 Uncollected items 1,8 61+, 81+7 + 5k,53k + 238,971 Bank premises 3k,70k 1 1+.007 Other assets 63 ,.'+33 + 355 1,198 TOTAL ASSETS 35,327,037 -269,263 +5,902,629 L I A B I L i Y l E• S Federal Reserve notes 18,980,881+ * 22,135 +U,836,223 Deposits: Member bank - reserve account ; 12,75k,0i.9 - 95-,253- ■+' 'i*35.ll+5 U.S,Treasurer-general account 359,7i+0 -157-,021 + 66,561+ Foreign 1 ,JU6i ,908 - 25,735 + 311,960 Other *335.756 - 39,371+ - 53,51+5 * Total deposits lk ,9H ,1+53 -317,1-33. • + 755,121+ Deferred availability items 1,1+72,588 + 25,14+0 + 280,612 Other liabilities including acc'rued dividends 6,786 - . 6^8 ; + 1,1+77 . TOTAL LIABILITIES 35,371,711 -270,561 +5,373,1+36 0 A P I t'a L A C C O UNT S Capital paid in 159,110 + 168 + 10,219 Surplus (Section 7)' 188,097 ' + 27,686 Surplus (Section 13b) 26,965 + 136 Other capital accounts 31,151+ + 1,110 8,81+8 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 35,827,037 -2 69., 2.63 v +5,902,629 Ratio of total reserves to deposit 56.5/S + >3% 16.ro and F.R» note liabilities combined Commitments to make industrial loans L,101 + 136 7,773 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

üorm P. R. 283b STATEMENT OF CONDITION QF THE FEDERAL RESERVE BANKS ON JULY 19, I9UU (In thousands of dollars) ii 8 S E I S Total "Boston Nev.- York Phila. Cleve. Rich. Atlanta Chicago St,Louis Minn. Kans.Cy. Dallas San Fran. Gold certificates on hand and due from U.S.Treasury 18,2+53,125 101+7,117 2+72+8,02+3 950,835 . 12+62+, 272 999,018 925,538 3592,62+2 6)49,651 35b,901 702 ,32|2+ 506,253 2512,025 Redemption fund-F.It.notes 1+23,915 25,898 100,119 35,2*57 3=5,563 27,318 25,758 55,756 2d ,663 11,512* ll+ ,2+79 12,978 50,2+32 Other cash 286,656 .20,613 73,01*2 22,261 21,2*27 19,350 21,3.18 2*1,517 15 ,022+ 6,302+ 12 ,d05" 8,956 26,239 Total reserves 19,163,696 1093,628 2+921,202+ 1008,553 1521,262 102+5,686 972,6i2^ 3689,695 691,558 372,725 750,123 528,167 2588,696 Discounts and advances 38,950 3,670 17,585 2,52*5 250 1,525 925 6,000 6,200 ---- 250 ---- ---- Industrial loans 10,91+5 1,535 69 h,5l 1-5 355 137 33 ---- 206 25 3,970 U„ 3. Govt, securities: Bills 8,655,115 ii+5,980 3070,299 568,123 671,083 576,982 350,571* 1500,680 321*, 12*1 198,993 517,233 262,260 763,911 Certificates 3,381,990 256,11+7 709,1*81 278,116 378,32+7 223,186 207,805 376,2+58 163,368 100,382+ 176,573 1'52 ,709 359,2*53 Notes 1,137,871 86,löl 233,702+ 93,51b 127,295 75,090 69,9lii 126,655 5!+,962+ 33,777 59,2-10 : 51,373 120,951 Bonds 1,381,396 10l+,62ó 239,791 ■113,601 15l+, 533 91,161 8U,377 - 155,759 66,727 2*1,005 72,125 . 62 ,372+ 12+6,312 Total U.S.. Govt, securities (incl. guar. sec.) ll+,556,372 892,931+' 1+308,275 1053,1+11+ 1351,263 766,^25 712,963 1957.530 609,200 372+ i 159 625,396 528,721 1390,087 Total loans and securities l2+,6o6,22+7 898,139 2+325,92*9 1060,502+ 1331,863 768,137 713,926 1963,550 615,2+00 372^,365 625,651 528,721 12+00,057 Due from foreign banks 136 10- 1/ 2+9 ;i2 12 6 2* 17 b ; 5 . 2+ . 2+ 11 F.R.notes. of other banks 93,969 1,9,69. 18,133 3,310 .3,373 10,356 9,006 9->8l7 ■6,577 2*,5i*5 6;5?i 3,626 16,886 Uncollected items 1,86^,81+7 Ih3,383 393,665 106,950 219,057 132,207 96,118 277,111 78,321 2+0,096 97,1+90 70,723 209, 62+1 Bank premises 3l+,70l+ 1,638 9,002 3,528 2+.153 2 ,891+ 1,652 2,912 2,02+2 Ù2Ó6 2,700 9I+7 1,985 Other assets 63,1+38 l+,52 2* 12,2+99 i+,682 7,519 2* ,2+69 5,75 b 7,52*0 3,172 l,9b2 5,515 2,863 7,151* TOTAL A$Si+S 35,827,037 212+3,291 9680,501 2187,539 3087,22+9 1963,035 1797,05^ 5950,622 1396,85.2+ 19h,lk2 1U65,859 1135,061 1+22l+,1+30 1/. Af Ler deducting $87*000 participations of >ther Federal Resen/e Banks* Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis