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, Sept, 15; of the Federal Reserve System 9 not earlier, September lU, I U; . CONDITION OF THE FEDERAL RESERVE BANKS During the week ended September 13 member bank.reserve balances increased $305*000,000. Additions to member bank reserves arose from an increase of $[(.07,000,000 in Reserve Bank credit and a decrease of $3,000,000 in nonmember deposits and other Federal Reserve accounts, offset in part by increases of $63,000,000 j.n jnoney in circulation, $[*,000,000 in Treasury cash and $16,000,000 in Treasury deposits with Federal Reserve Banks and decreases of $21,000,000 in gold stock and $2,000,000 in Treasury currency. Excess reserves, of member banks on September 13 were estimated to- be approximately $1,000,000,000, * . There vras an increase of $377,000,000 in holdings of United States Govern­ ment securities:: bills incre-ased $31*0,000,-000 and certificates $37,000,000, Changes in member bank reserve balances and related items during the week and the year ended September 13, 191*14» were as follows j Increase or decrease since Sept, 13, Sept, 6, Sept, 15, I9I4I4 I9I4I4 19143 (In millions of dollars) U, S, Govt, securities (incl, guar, sec.) 16,1*07 ♦ 377 + 6,7514 Loans, discounts and advances 126 + 11 + 81* Other Reserve Bank credit • 382 + 18 - 238 Total Reserve Bank credit 16,916 + I4O7 + 6,601 Gold .stock . 20,885 • 21 - 1,319 Treasury currency U, 112 •• 2 19 laember -bank Reserve balances 13,526 + 305 203 Money in circulation 23,1495 + 63 4- 14,722 Treasury cash 2,381 + h + 118 Treasury deposits with F, R. Banks 370 + 16 361* Nonmember deposits and other F,R,accounts 2,138 - 3 + 301 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

283 Form 'F. R. c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS * SEPTEMBER 13, -19U). (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. Federal Reserve notes 19,9^2,678 i.283»899 4,¿*38,819 1319,662 1760,907 1320,805 1151,622 3676,386 .83!*,729 ¿4¿*l..,2¿*9 73U,987 1*93,581* 21*86,029 Deposits/ Member bank-reserve acct*13,526,087 658,7^ ¿*,¿*35,598 672,811 10141,273 558,381 562,9148 201*8,603 I+83 Mk7 30k,911 625,180 576,09k 1558,097 U.S^Treasurer-general acet. 369#86^4. 2i*,ai8 130,573 2¿* ,61*7 1*1+,368 8,030 3,961* *1*0,600 16,082 15,817 19,077 l6,ol*8 25 ^¿*0 Foreign l,Uo6*259 97,338 1/ 528,701 126,817 122,681 55,138 ¿(14,110 170,927 ¿*2,732 30,326 39,975 39,975 107,539 Other 358,940 ¿*,132 261*,750 6,121 8,001 ¿*,1*1*2 5,1*69 5,586 10,378 2,191 3,630 3,183 ¿*1,057 Total deposits 15 ,661,1-50 785,032 5,359,622 830,396 1216,323 625,991 6l6,l*9l 2265,716 552,639 353,21*5 687,862 635,300 1732,533 Deferred availability itemsl ,632,376 138,360 298,270 88,602 160,61*1 ll*l*,535 87,601 232,766 70,1*28 36,022 93,9k 2 58 ,661* 222 ^¿*5 Other liabilities including 9,133 873 2,987- 656 865 372 3I48 l ,135 319 . 2¿*7 305 276 750 accrued dividends __ TOTAL LIABILITIES 37,21*5,337 2208,161* 10,099,698 2239,316 3138,736 2091,703 1856,062 6176,003 11*58,115 830,763 1517,096 1187,821* ¿Ml ,857 Capital paid: in 159,6k9 9,961* 58,221 12,131 16,278 6,1*01 5,758 ' 18,931 ¿4*897 3,1*62 ’ .5,160 5,013 13 ¿33 Surplus (Section 7) 188,097 13,206 70,012 17,859 16.,026 5,236 5,725 26,1*90 6,330 3,669 .-¿*,5514 ¿*,831 Ü*,159 Surplus(Section 13b) 26,965 2,87!* 7*092 ¿*,¿*21 1,007 3,290 7k9 l,k29 530 1,000 *1,137 1,307 2,129 Other capital accounts 90,665 5,182 21,2l*5 6,11*0 10,675 6,176 5,508 13,107 3,918 ¿*,¿*17 1* »5I4I4 3,962 5,791 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 37,710,713 2239,390 10,256*268 2279,867 3182,722 2112,806 1873,802 6235,960 11*73,790 81*3,311 1532,1*91 1202,937 1*1+77,369 Commitments to make industrial loans l+.,0i+2 275 — 1,961* 50 821 — ---- ¿*8 881* F. R. notes outstanding 20 ,511*, 179 1318,593 ¿*,588,961 13514,291 1795,919 13140,365 1199,951 37314,0514 871,337 ¿*¿49 , 331 756,031 523,730 2581,616 Collateral for F^ R. notes held by F. R. Agents: Gold certificates 11,696,000 706,000 ■ 2,325,000 605,000 1000,000 805,000 705,000 2500,000 375,000 225,000 1*10,000 266,000 177l*,000 Eligible paper 101,983 11,970 72,380 5,658 ------ 2,655 ....................... 5,520 3,300 U.S.Govt, securities 9,200,221* 700,000 2,300,000 750,000 800,000 550,000 500,000 1287,600 562,621* 225,000 350,000 275,000 900,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES Within l6 to 31 to 6l 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 115,895 92,505 13,905 3,520 5,965 . . . . ...» ----------- ----------- Industrial loans 9,920 9,19lr 9 9 3I46 203 61 67 31 U* S. Govt* securities (incl. ^uar. sec.) 16,1*07,1*09 ’ 2,306,1*73 ¿,232,377 3,382,226 3,827',1*1*6 506 M o 2,357,711 17,800 ' 897>102 879,794 l / After deducting $876,688,000 participations of other Federal Reserve-Banks . Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. k. 283a Released for publication Friday morning, Sept, 15,19*4*45 not earlier, STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Sept. 13, Sept, 6, Sent, 15» 19*4*1 19*4*4 19*43 A S S E T S Gold certificates on hand and due from U, S, Treasury 18,21*5,865 - 39,000 -1,667,850 Redemption fund - F. R, ■ notes- 1*70,1*66 + 17,528 + 3*41,371 Other cash 2.61*, 2 79 + 2,987 - 55,326 Total reserves 13,980,610 - 18,1*85 -1,381,805 Discounts and advances 115,895 + 11,265 + 85,182 Industrial loans 9,920 136 1,*483 U.S.,Govt, securities: Bills 10,61*6,122 +3*40,157 +**,9i*2,8i*3 Certificates 3,1*13,990 + 37,000 +1,689,81*0 Notes 1,075,371 + 383,971 Bonds 1,266,1*26 - 262,622 Total U, S.Govt, securities (inol, guar, sec.) 16,1*07,1*09 +377,157 +6,75*4,032 Total loans and securities 16, 535,221* +338,286 +6,837,731 Due from foreign banks 136 * 9 F.R. notes of other banks 80,603 + 7,016 + 20,106 Uncollected items 2,011*, 562 +*435,058 - 356.258 Bank premises 314,528 - ' *4,017 Other assets 67,050 + 1,586 + 6,033 TOTAL ASSETS 37,710,713 +8i3,**6l +5,121,799 L I A B I L I T I E S Federal Reserve notes 19,9*42,678 + 77,899 +*4,777,*4lo Deposits: Member bank-reserve account 13,526,037 +30l*,9l*5 - 203,162 U.S.Treasurer-general account 369,86!* + 15,852 + 363,*478 Foreign 1, **06,259 + 2,171 + 209,7*4*4 Other 358,91*0 - 5,293 + 55,022 Total deposits 15,661,150 +317,670 + **25,082 Deferred availability items 1,632,376 +1*16,301 - 118,302 Other liabilities including accrued dividends 9,133 + *459 1,59*4 TOTAL LIABILITIES 37,21*5,337 +812,329 +5,085,28*4 C a ? I I A. L a G C 0 U N T S Capital paid in 159,61*9 109 + 10,382 Surplus (Section 7) 183,097 + 27,686 Surplus (Section 13b) 26,965 + 136 Other capital accounts 90,665 + 1,023 1,689 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 37,710,713 +8I3J46I +5,121,799 Ratio of total reserves to deposit and F. R, note liabilities- combined 53.3% - .7% > 13-796 Commitments to make industrial loans l*,ol*2 + 111 7,572 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form “F. R. 233b 9 STATEMENT OF CONDITI Oil OF THE FEDERAL RESERVE BANKS ON SEPTEMBER 13, I UI; (In thousands of dollars,) A S S E T S Total Boston New York Phila. Cleve, Rich. Atlanta Chicago St.Louis Minn. Kans.Cyv Gold certificates on hand and due from U*S#Treasury 18,21*5,865 997.758 1*271*, 296 955,1+31 1516,756 S' * 34 CO Dallas San Fran* 981,501; 3539.161* 671;,879 363,512 71+1,772 571;,991 2531,17!* Redemption fund-F.H.notes 1*70,1*66 31,257 117,623 37,917 39,969 29,682 25,712 67.751 28,359 11,1*12 17,251+ 13,737 1*9.793 Other cash 261;, 279 .19/157 61*. 172 21,072 20,990 13,197 22,032 36.267 11,787 5,61*5 13.61*0 9.093 27,222 Total reserves 18,980,610 101*8,172 1*1*56,091 1011*,1*20 1577,715 1137.507 1029,21*8 361*3,182 715,025 380,569 772,666 Discounts and advances 115,895 11,970 72,380 5,658 1,650 2,655 2,950 8,600 5,520 3.30.0 175 537 Industrials loans 9,920 1,1*92 89 3,90S 333 168 32 — .20 25 3,763 U. S.Govt* securities: Bills 10,61*6,122 573,1*75 1*071;, 760 663,083 71*3,376 415,161; 369,995 1606,376 330,572 21*0,752 335,305 260,902 968,357 Certificates 3,1*18,990 250,938 718,71*2 231,130 332,231 225,1*07 209,032 330,666 165,031 101,526 173,1+29 15U.277 362,931 Notes 1,075,371 81,1*30 226,170 83,li65 120,277 70,931 65,967 119,787 51,91+6 31,91+9 56,11+6 1+3,51+7 111; ,207 Bonds 1,266,1*26 95,911- 266.223 101*. 133 11*1,530 33,1*9!; 77.651 11*1. ool* 61,11*7 37,607 66,091 57,11*5 13U,1*35 Total U. S. Govt, securities (ittcl* guar, soc. ) 16,1*07.1*09 10ll*,80l* 5235,900 1136.816 1307,961* 791+.996 723.21*5 221*7,833 653,71*6 1*11,833 635.971 523,371 1580,1*30 Total loans and securities 16,533.221* 1023,266 5353.369 111+6,1+1+2 1309.952 797,019 726,227 2256,1+33 661+,266 1+11,853 639»796 529,01*6 1581+.755 Due from foreign banks 136 10 1/1+9 12 12 ‘6 1+ ■ 17 1* 3 U 1+ 11 F. R. notes of other banks .30,603 1,996. -13,922. 2,551* 3.1+35 6,181 3,025 9,1+36 6,193 2,705 6,769 3.161+ 16,223 Uncollected items '2, Oil;, 562 15I+,683 1+05,-633 107,921 '199,902 163,70* ici*, 612- 315,630 32,792 1+1*, 81+5 107,-136 69,01*5 258,591 Bank premises 3I+, 523 1.629 3,963 3.501+ 1+.139 2,330 1.625 2,900 2,036 1,261 ¿,68o‘ * 932 1.973 Other assets 67.050 i+,631* 13,21+1 5,011+ 7.567 1+,61*9 l*,o6l 8.351+ 3,1+71+ 2,075 3.43I+ 2,920 7.627 TOTAL ASSETS 37,710,713 2239,39010256,263 2279,367 3132-,722 2112,306 1373,802 6235.960.H*73,790 81*3.311 1532.1*91 1202,937 1+1+77,369 -1 / ¿i. fter deducting $37,000 participations of other Federal Resof've Bunks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis