H.4.1 Factors Affecting Reserve Balances of Depository Institutions

form F. R. 283 • STATEMENT FOR THE PRESS Released for publication Bt>ard of Governors Friday morning, August 18} of the Federal 'Reserve System not earlier. August 17, 19bk- CONDITION OF THE FEDERAL RESERVE BANKS During the w^sk ended j^ugust 16 njember bank reserve balances increased $125,000,000» Increases in member bank reserves arose from a decrease of $170,000,000 in'Treasury deposits with Federal Reserve Banks and increases of/creases $78,000,000 in Reserve Bank credit and $2,000,000 in gold stock, offset in part by La of $110,000,000 in money in circulation, $5,000,000 in Treasury cash and $11,000,000 in nonmember deposits and other Federal Reserve accounts.. Excess reserves of member banks on August 16 were estimated to be approximately $1,000,000,000. There was an increase of $9,000,000 in holdings of United Stated Government securities} bills increased i^o,000,000,while bonds decreased S32,000,000 and notes $$,000,000. ‘ . . . Changes in member bank reserve balances and related items during the week and the yo&r ended August 16, l^lU; were as follows: Increase or decrease since Aug.! 16, Aug. 9, Aug. 18 19W; 1914+ 19b3 (In millions of dollars) ‘ 1 U, S# Govt, securities (incl. guar. sec*) 15,231 + 9 +7,075 Loans, discounts and advances 63 - 9 + 3k Other Reserve Bank credit 387, + 78 - Ik Total Reserve Bank credit 15,682 + 78 +7,096 Gold stock 20,990 + .2 -1,293 Treasury currency 4,109. + ‘l + 17 » f Member bank reserve .balances- 12,935 +125 + 275 Money in circulation 25,020 +110 +i_j., 806 Treasury cash 2,3k5 + 5 + 66 Treasury depQsits i&tith..**'. ,R., Banks 317- • rl70 + 218 Konraember-deposits and- other F* R; accounts 2,^72 + 11 + k55 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 AUGUST 16, 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 S>t.Louis Minn. Kans.Cy. Dallas SanFran. Federal Reserve notes .19,440,265 1260,064 4328,065 1290,1+72 1720,1+93 1264,750 1121,636 3594,525 816,900 1+27,961 718,139 1*81,308 21+15,952 Deposits: Member bank-reserve acct. 12,93l+,7l+2 612,395 1+163,102 61+0,1+36 10ll+,0i+0 525,071+ 51+9,153 1976,110 1+62,706 287,932, 610,560 565,968 1527,266 U.S.Treasurer-general acct. 316,983 23,914 108,311 20,068 23,1+86 20,716 5,053 1+8,081 10,795 15,048 9,873 5,61+8 25,990 Foreign V,44o,318 100,065 1/543,968 129,415 125,195 56,267 1+5,011+ nk,h29 43,607 30,947 bo,19k 40,794 109,823 other 363,628 i+,'857 265,531+ 5,858 li+,000 3,633 6,382 l+,852 10,066 2,450 2,957 6,21+0 36,799 Total deposits 15,055,671 741,231 5080,915 795,777 1176,721 605,690 605,602 2203,472 527,174 336,377 664,184 618,650 1699,878 Deferred availability items 1,465,205 104,587 300,606 89,003 163,076 107,965 79,206 237,827 • 69,496 29*899. 79,658. 51,801 152,081 Other liabilities including accrued dividends 7,708 761 2,375 513 671 397 282 1,068 25! 202 211 ■ 259 652 TOTAL LIABILITIES 35,968,81+9 2106,61+3 9711 ,96l 2175,765 3060,961 1978,802 1806,726 6036,892 11+13,821 794,439 11+62,258 1152,018 I+268,563 Capital paid in 159,i+27 9,953 58,155 12,130 16,239 6,391 5,71+9 18,857 4,88 9 3,461 5,158 5,012 13,433 Surplus(gection 7) 188.,097 13,206 70,012 17,859 16,026 5,236 5,725 26,1+90 6,330 3 ,$69 l+,55l+ i+,331 ll+,15 9 Surplus(Soction 13^) 26,965 2,871+ 7,092 l+,l+2l 1,007 3,290 7I+9 1,429 530 1,000 1,137 1,307 2,129 Other capital accounts .. 86,115 i+,81+7 20,026 5,790 10,21+1 5,958 5,271 12,651 3,675 4,285 4.314 3,8ll+ 5,21+3 TOTAL LIABILITIES AND capital accounts 36,429,453 2137,523 9867,246 2215,965 3104,474 1999,677 1824,220 6096,319 1429,245 806,854 1477,421 1166,982 4303,527 Commitmonts to make industrial loans 3,960 275 8 1,942 50 884 ------ 48 — ------ — 753 F. R. notes outstanding 20,026,979 1297,491 4486,274 1320,845 1756,661 1292,614 1166,115 3652,184 847,258 433,747 741,052 510,368 2522,370 Collateral for F. R. notes * * f- • * held by F# R. Agents: Gold certificates 12,193,000 741,000 2820,000 627,000 959,000 775,000 670,000 2580,000 375,000 216,000 400,000 256,000 1774,000 Eligible paper 39,994 6,905 22,325 2,555 — 2,259 — — 5,520 — 430 — --- U.S. Govt. securities 8,131,290 600,000 1700,000 700,000 8oo ,000 550,000 500,000 1100,000 546,290 225,000. 350,000 260,000 800,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES Within l6 to 31 to 61 to 91 days to 6 months 1 to 2 2 to 5 Over Total 15 da^s 30 days 60 days 90 days 6 months to 1 year years years 5 years Discounts and' advances 53,339 32,655 5,21+1+ 7,1+20 8,020 Industrial loans 10,330 9,911 3 27 13 206 70 69' 31 U* S* Govt, securities (incl. guar* sec.) 15/231,1+1+5 2,155,186 2,263,329 3,475,756 2,736,287 61+6,930 2,097,961 17,800 931,402 906,794 l / After deducting $894,652,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Porm^F. R. 283a Relaased for publication*Friday morning, August 13, 1914+» not earlier. STATEMENT OF CDiJDITION ' OF THE TWELVE FEDERAL RESERVE BANKS COMBINED I (In thousands of' dollars) Increase or decrease since Aug; 16, Aug. 9, Aug. 18, 1&1+ ' ' 1914+ 191*3 A S S E T S Gold certificates on hand and due from U. S.•Treasury 18,1+15,365 2,000 -1,63U, 31+7 Redemption fund - F. R. notes 1+17,036 + 288 + 3U2.051 Other cash 270,009 - 3,322 - 58,667 Total reserves 19,102,1+10 - 5,03i+ -1,350,963 Discounts and advances 55,339 - 8,306 + 35.392 Industrial loans ! 10,330 144+ - 1,161 U. S. Govt, securities: Bills 9,1+1+5,858 + 1+6,633 +4,530,631 Certificates 3,381,990 — +2,290,290 Notes 1,10'9,171 - 5,100; + 385,771 Bonds l,29l+ ,U26 - 32,1+00 - 180,922 Total U. S. Gpvt. securities (incl. guar, sec.) 15,231,14+5 + 9,133 +7,075.770 Total loans and securities 15,295,111+ + OO +7,110,001 Due from foreign banks 136 + 9 F. R. notes of other banks 79,861 + l,6li + 17,1+23 Uncollected items ” I-,851,865 .+308,818 . + li+5,910 Bank premises 3k,617 — - 1+.011+ Other assjts 65,1+50 + 1,14+6 + - 1,152 TOTAL ASSETS', 36,l+2'9,1+53 +307 ,221+ +5,919,513 L I A B I L I T I E S Federal Reserve notes 19,14+0,265 +108,1+87 +4,8lU,682 Deposits: Member bank-re^ejr^. account 12,93l+,7^2 +125,11+1 . + 275,171+ U.S.Treasurer-general account 316,983 -170,513 + 217,903 Foreign 1,14+0,318 - 6,015 + 292,276 Other 363,628 + 19,879 + 121+.112 Total deposits 15,055,671 - 31,508 + 909,1+65 Deferred avail aba 1'ity items 1,1+65,205 +231,1+51 + 159,891 Other liabilities including accrued dividends 7,708 - 2,211 + . 2,169 TOTAL LIABILITIES .. , . 35,968,81+9 +.30.6,219 +5,886,207 CAP I.TAL AC C 05JSTS Capital paid in 159,1+27 + 75 + 10,399 Surplus (Section 7) 188,097 + 27,686 Surplus (Section l*3b) 26,965 •t- 136 Other capital accounts 86,115 + 930 ** 1+.910 TOTAL LIABILITIES AND G\PIT,'JL ACCOUNTS 36,1+29,1+53 +307 ,221+ +5,919.518 Ratio of total reserves to deposit , 55 M% - .1%. -15,7# and if. R. note liabilities oombined Commitments to make industrial loans' ■3,960 80 - 8,353 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

283 Form F. R. b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON AUGUST 1.6, 19Uk (In thousands of dollars) « . ASSETS Total Boston New York Phila. Cleve. Rich. Atlanta- Chicago St. Louis Minn,‘Kans.Cy. Dallas SanFran. Gold certificates on hand and due from U.S«Treasury 18,1+15,365 981+,366 1+595,095 915,51*3 11*71,195 1026,559 91*9,269 3585,501 61*5,117 367,201* ; 715,706 51*7,833 2611,977 Redemption fund-F*K^ notes lj.17#036 27.571* 83,963 35,1*27 1*0,392 28,383 25,299 55,271 28,508 11,1+66 :• 17,367 13,361 50,025 Other cash 270,009 . 18,881 66,260 ■ 21,398 “21,6i+0 ll* ,280 21,790 36,055 12,533 6,031+ ll+,109 8 »661. 28,368 Total reserves 19,102,1+101030,8211+71*5,318 •972,368 1533,227 1069,222 996,358' 3676,827 686,158 38i+,70l* . 71*7,182 569,855 2690,370 Discounts and advances 53,339 6,905 22,325 2,555 ; 5,21*5 2,259 2,800 l*,8oo 5,520 .... 1*30 500 Industrial loans 10,330 1,523 89 1*,121 350- 17lx 32 — — 21. 25 3,995 U. S* Govt* securities: Bills 9 44*5,858 53!I-,1*35 31*29,768 61*3,728 703,31*0 l*oU,30l* 366,636 11+20,911 365,589 20l+,26!+ 322,751 265,888 781+,2l4* Certificates 3,381,990 256,127 711,687 278,073 377,961* 222,86k 207,151+ 376,601 163,262 100 ,Ù6 176,1*56 152,555 358,801 Notes 1,109,171 81+,000 2334*07 91,197 123,960 73,092 67,939 123,513 53,51*2 32 ,91+3 57,871 50,031* 117,673 Bonds 1,29!* ,1+26 98,029 272,391 106,1+2 9 llil+,661* 85,300 79,286 ll4*,ll+2 62,1+85 38,1+1*6 67,537 58,390 137,327 ,T->tal U.S. Govt. securities (incl. guar* sec.) 15,231 *1*1+5 972,591 1*61*7,253 11194*27 13U9,928 785,560 721,015 2065,167 614* ,878 376,099 o2l*,6l5. 526,867 1398,01*5 1 Total loans and t • ' * • . p. . ' securities 15,295,111* 981,019. 1*669,667 1Ì26,103 1355,523 787,993 723,81*7 2069,967. 650,398 376,120 -625,070: 526,867 ll+02,5l+0 Due from foreign banks 136 10 1/ 1*9 12 12 6 1* 17 1* • ■ 3 * 4 1+ 11 F*R«notes of other banks 79,861 1,591* 13*126 2 44*7 2,983 6,999 7,061* 8,605 5,360 l+,329 6,1*09 3,060 17,815 Uncollected items 1,851,865 117 ,702- 1+-17,131* 106,632 200,923 127,81+7 914*10 330,163 81,91*7 38,1*67 92,705 63,322 183,613 Bank premises 3I*,617 1.633 8,983 3,516. l+,ll*8 2,887 1,629 2,906- '2,039 f .1,261+ 2,693 9I+0 1,979 Other assets 65,1*50 1*>?1*1* 12,399 Ì+,887 7,658 1*,723 3,908 7,831+ 3,339 1,967 3,358 ■2,93k 7,199 TOTAL ASSETS 36,1+294+53 2137,523 9807,21+6 2215,9^5 310Ì+4+7I4. 1999,677 1821*, 2 20 6096,319 11+2*9,21+5 Ò6é,8& li+77;,i+2lL 1160,982 i+303,527 l / After deducting $87,000 participations of o.ther Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis