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, August 25; of the Federal Reserve System not earlier. August 2\\, I9I4I4 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended August 23 member bank reserve balances decreased $13,000,000. Reductions in member bank reserves arose from increases of $232,000,000 in Treasury deposits with Federal Reserve Banks,' $59,000,000 in Treasury cash and $27,000,000 in money in circulation, and a decrease of $51,000,000 in gold stock, offset in part by increases of $317,000,000 in Reserve Bank credit and $3,000,000 in Treasury currency and a decrease of $36,000,000 in nonmember deposits and other Federal Reserve accounts. Excess reserves of member banks on August 23 were- estimated to be approximately $900,000,000. There was an increase of $361,000,000 in holdings of United States Govern­ ment securities: bills increased $398,OCX),000, while bonds decreased $22,000,000 and notes $15,000,000, Changes in member bank reserve balances and related items during the week and the year ended August 23, I9I+I4» were as follows: Increase or decrease since Aug. 23, Aug. 16, Aug. 25, I9bh I9hh 19^5 (In millions of dollars) U, S, Govt, securities (incl, guar, sec.) 15, 592 + 361 +6,815 Loans, discounts and advances 117 + 5ll + 65 Other Reserve Bank credit 290 - 97 18 Total Reserve Bank credit 15,999 + 317 + 6 ,8 6 2 Gold stock 20,91+7 - 51 -1 ,3 1 + 5 Treasury currency • i+,112 3 + lit Member bank reserve balances 12,922 - 13 + 22o Money in circulation 23, oIt-7 + 27 +14,71+1+ Treasury cash 2,14 Oli + 59 + 122 Treasury deposits with F, R, Banks 5I+9 + 232 + 2I45 Nonmember deposits and other’ F. R. accounts 2,136 - 36 + 200 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form P. R. 283c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BAMS. ON AUGUST- 23 , I 9 I 4 I 4 (In thousands of dollars) L I A B I L I T I E S Total Boston New York Phil«, Cleve. Rich. Atlanta Chicagb St.Lòuis Minn. Kan s. C jr. Dallas San Fran. Federal Reserve notes 19,521,287 1265,787 1*351,079.l295,3l*0 1728,778 12714,655 1118,256 36ll+,6lo 816,655 ¿+30,880 718,932 ¿+79*596 21+26,719 Deposits: Member bank-reserve acct. 12,921,515 625,056 1+205,613 61+1,273 1012,871+ 525,1+77 533,091 191*5,526 . ¿+59,881 282,123 6ll+,058 555*181 1521,362 U.S.Treasurer-general acct * 51+8,723 *29, 11*8 161,636 3 5,01*2 50,730 20,671+ 3U,206 61,002 1*1,767 27,195 2^,808 19*981 ¿*2,531* Foreign i,l+ol*,5l*l+ 96,957 2/531,770 126,088 121,977 5I+,821 1*3,856 169*91+5 1*2,1*86 30,152 39,71*5 39 * 71+5 107,002 Other 361,793 ¿+,760 279,812 6,885 6,739 1*617 2,750 1+,201 9,836 1,817 2,967 3,091 37,318 Total deposits ,236,575 755,921 5178,831 809,288 1192,320 602,589 613,903 2180,671* 553,970 31*1,287 681,578 617,998 1708,216 Deferred availability items ,310,168 95,101 .261,111* 86,958 11+5*351 101,196 7I+, 781* 197,318 56,051 26,717 80,328 . 1*9,303 135,91+7 Other liabilities including accrued dividends 8,522 801* 2,328 551+ 708 310 81*8 1,229 270 235 279 - 235 672 TOTAL LIABILITIES 076,552 2117,613 9793*352 2192,1Ù0 3067,157 1978,750 1807,791 5993,831 11+26,91*6 799*119 11*81,117 111*7,182 1*271, 551+ Capital paid in 159,1*37 9*951 58,157 12,112 16,21*0 6,396 5*751 18,808 ¿*,891* 3,1+62 5,160 5,012 13,1+31* Surpjus (Section 7} 188,097 13*206 70,012 17,859 16,026 5,236 5,725 26,1*90 6,330 3,669 1*,55U 1+.831 n+,159 Surplus (Section 13b) 26,965 2,871* 7,092 ¿+,¿+21 1,007 3*290 71*9 1,1*29 530 1,000 1,137 1,307 2,129 Other capital accounts 87,137 1**956 20,331+ 5,898 10,363 6,031 5,331* 12,617 3,753 ¿+*319 l*,39l* 3,858 5*230 TOTAL LABILITIES AND CAPITAL ACCOUNTS 538,188 211*8,600 991*8,91*7 2232,1*30 3110,793 1999*703 1825,350 6053,235 11*1*2,1*53 811,569 11*96,362 1162,190 1+306,556 Commitments to make industrial loans 3,878 275 8 1*937 50 831* • ** — 1*8 -- 726 F. R. notes outstanding 107,578 1305,161* 1+1*95,836 1327,976 1762,1+78 1302,1*58 1171,287 3668,760 81*9,71*1* 1*37,1*21 739,733 511*277 2535,31*1* Collateral for F.R*notes held by F. R. Agents: Gold certificates 819,000 716,000 2520,000 632,000 965,000 775,000 680,000 2510,000 375,000 216,000 1*00,000 256,000 1771+.000 Eligible paper 91* *001* 1**505 53*770 5,260 — 2,819 — — 21,1*20 — 6,230 — — U.S.Govt. securities 51*8,512 . 600,000 2000,000 700,000 300,000 550,000 500,000 1190,000 573,512 225,000 350,000 260,000 800,000 MATURITY DISTRIBUTION OF LOftUS .AND SEC URITIES Within 16 to 31 to 61 to <9I days to 6 months 1 to 2 2 to 5 Over Total 15 days JO'days 60 days 90 ,days 6 months to 1 year years years 5 years Discounts and advances 106,529 83,,61*9 35,880 5,950 135,050 — — — — Industrial loans 10,353 9,, 586 8 22 9 558 69 70 31 -- U. S. Govt, securities (incl* guar* sec.) 15,592,306” 2,885,956 1,678,253 3,581,197 2,883,213 61*6,930 2,097,961 17,800 915,002 885,991+ 1/ After deducting'*’® ^ '^ '^ ^ a rticip a tion s 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, August 25, 191*1*, not earlier STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE'BANKS COMBINED (In thousands of dollars) Increase or decrease since Aug. 23, Aug. 16, Aug. 25, .19U* 19UU - 191*3 A S S’ E T- S- Gold certificates on hand and due from U.S. Treasury 18,336,365 - 79,000 "1, *^09,851 Redemption fund - F. R. notes iiUi, 323 + 27,287 + 357,909 Other cash ■ 271,772. + 1,763 - 58,779 Total reserves 19,052,1460 - 1*9,950 -1,1*00,721 Discounts and advances 106,529 + 53,190 + 66,165 Industrial loans .10,355 + 23 1,1*38 U. S. Govt, securitiest Bills 9,81*3,919 +398,061 +1*,378,556 Certificates -- 3,331.990 +2,275,290 Notes 1,093,771 - 15,1*00 + 370,371 Bonds 1,272,626 - 21,800 - 208,722 Total U. S.Govt, securities (incl. guar, sec.) 15,592,306 +360,861 +6,815,1*95 Tot^l loans and securities 15,709,188 . +1*11;, 071* +6,880,222 Due from foreign banks 136 — + 9 F.R, notes of other banks 76,733 - 3,128 + lb, 655 Uncollected items , 1,599 , 571 -252,29!; + 177,105 Bank premises 3^,607 ■ 10 . 3,995 Other assets ’ 65, J493 + !;3 + 1,1*22 TOTAL ASSETS 36,538,188 +108,735 +5,668,697 L I A B I L I T I E S Federal Reserve notes 19,521,287 + 81,022 +1*, 810,991* Deposits s Member bank-reserve account. .12.,-921, 515 - 13,227 + 219,1*00 U.S.Treasurer-general account 524-8,723 ■+231,71*0 • +r 21*5,071* Foreign i,l*ol*,5l*l* - 35,771* :+: 17A,9ul Other 361,793 - 1,835 13,616 Total deposits 15,236,575 . +180., 90l*. + 625,799 Deferred availability items 1,310,168 -155,037 +: 195,1*09 Other liabilities including accrued dividends 8,522 + 811; + 2,637 TOTAL LIABILITIES' 36,076,552 ■+107,703 +5,631*, 839 C- A P I T A L A CO 0 U NTS Capital paid in 159,1*37 + 10 + 10,1*12 Surplus (Section- 7) 188,097 + 27,686 Surplus (Section 13b) 26,965 + 136 Other capital accounts 87,137 + 1,022 b, 376 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 36538,188 +108,735 +5,668,697 Ratio of total reserves to deposit . and F. R, note liabilities combined - • (S/o '- 15.0^ Commitments to make industrial loans 3,878 82 8,051; Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 28Jb 19 ' STATEMENT OF CONDITION OF THE FEDERAL .RESERVE BANKS OH AUGUST 23, !*!* (In thousands of dollars) A S S E T S Total Boston Hew York Phila.. Clove. Rich. Atlanta Chicago St.Louis Minn«- Kans.Cy. Dallas San Fran. Gold certificates on hand and due from U.S.Treasury 18,336,365 977,61*7 1* 590,831 927,01*8 1508,811* .101*5,11*2 91*8,312 31*78,01*6 630,813 355,1*51*' ■ 719,719 51*1*,003 2610,536 Redemption fund-P.R*notes 1*1*1*, 323 29,1*91 103,699 35,320 1*0,278 29,71*2 25,180 60,076 28,1*69 11,1*1*5 : 17,333 13*329 1*9,961 Other cash 271,772 18,639 67,1*89 21,219 • 23,2.99 13,21*9 21,175 36,691* 12,832 6,220.; 13,71*1* . 8,205 29,017 Total reserves 19,052,1*60 1025,777 1*762,019 983>587 1572,381 1083,133 99Ì*.667-3571**816 672,111* 373,119 ; 750,796 .565, 537 2689, 511* Discounts and advances 106,529 1*,505 53,770 5,260 1*,300 2,819 2,750 1*,700 21,1*20 6,1*30 ■75 500 Industrial loans 10,353 1,523 89 1*,119 350 I7I* 32 — — 21 25 -- - 1**020 U. S# Govt, securities: Bills 9,81*3,919 566,381 3559,551* 61*8,738 701,175 1*01,1*77 37 5,692 1 557,1*32 392,321 226,395 328,598 271,185 811* ,921 Certificates 3,381,990 256,133 711,033 278,090 378,080 222,958 207,31*1* 376,555 163,291 100,1*27 176,1*93 152,601 358,985 Notes 1,093,771 82,836 229,951* 89*935 122,275 72,103 67,058 121,782 52,809 32,1*31 57,080 1*9,3.53- 116,loo Bonds 1,272,626 96,381 267,557 loi*, 61*2 11*2,269 83,899 78,023 11*1,696 61,1*1*5 37,792 66,1*13 57,1*23 135,086 - Total U.S.Govt. securities (incl. guar* sec.) 15,592,306 1001,731 1*768,098 1121,1*05 131*3,799 730,1*1*2 723,117 2197,515 669,866 397,095 628,581*: 530,562 11*25,092 Total loans and securities 15,709,188 1007,759 1*821,957 1130,781* 131*3,1*1*9 783,1*35 730,899 2202,215 691,286 397,116 635,039 530,637 11+29,612 Due from foreign banks 136 10 1/1*9 12 12 6 1* ■17 1* 3 1* 1* 11 P.R.notes of other banks 76,733 1,581* 12", 170 2,708 2,951 6,102 6,732 8,232 5,71*3 3,020 6,223 2,910 18,308 Uncollected items 1,599.571 '’107,182 331,171 106/856 175,319 Hi*,513 87,1*36- 256,993 67,961* 31*,988 98,303 59,221* 159,622 Bank premises 31*, 607 1,633 8,983 3,516 1*, 139 2,887 1,628 2,906 "2 ; 039 •1,-261* ■2,693 9l*o 1*979 Other assets 65,1*93 ¿*,655 12,598 li»967 7,51*2 1**627 3,981* 8,006 3,30-3 2,059 3,301* 2,933 7,510 TOTAL ASSETS 36,538,188-211*8,600 991*8,91*7 2232,1*30 3110,793 1999,703 1825,350 6053,235 11*1*2,1*53 811*569 11*96,362 1162,190 1*306,556 1/ After deducting $87,000 participations of.other Federal Reserve.Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis