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. 22; of the Federal Reserve System •not earlier, September 21, 19*4*4 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended September 20 member bank reserve balances decreased $81,000,000. Reductions in member bank reserves arose from increases .of $329,000,000 in Treasury deposits with Federal Reserve Banks, $63,000,000 in money in circulation, $6,000,000 in Treasury cash and $5,000,000 in nonmember deposits and other Federal Reserve accounts, offset in part by increases of $321,000,000 in Reserve Bank'credit and $2,000,000 in Treasury currency.- Excess reserves of member banks on September 20 were estimated to be approximately $900,000,000. There was an increase of $133,000,000 in holdings of United States Government securities; bills increased $105,000,000 and certificates $50,000,000, while bonds decrease^ $18,000,000 and notes $14,000,000* Changes in member bank reserve balances and related items during the week and the year ended September 20, I9I4I4» were as follows; Increase or decrease since Sept. 20, Sept,' 13, Sept. 22, 19*4*4 I9J4U 19*43 ( In millions of dollars) U. S. Govt, securities (incl* guar* sea*) 16, 5*40 + 133 +7,336 Loans, discounts and advances 182 + 56 + 1*49 .Other Reserve Bank credit 51*4 !32 + 3*4 Total Reserve Bank credit 17,237 321 +7,520 Gold stock 20,885 - , -1,320 Treasury currency llU + 2 + 20 Member bank reserve balances 13, *4*45 81 + 958 Money in circulation 23,558 + 63 +1|, 8*4*1 Treasury cash 2,390 + 6. + 12I4. Treasury deposits with F.Rf Banfcs 699 + 329 + 150 Nonmember deposits and other F*R,accounts 2,I*t3 4- 5 + 1*43 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

F. R. 283c STATEMENT OF CONDITION OF THE FEDERAL RESE .WE BANKS ON SEPTEMBER 20, 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 San Fran, Federal Reserve notes 20,001,393128^,731 U,1+61,198 132l+,037 1765,277 1333,637 II5I.53O 3688,1459 837,5001+1+3,960 73l+,61+l+ 1+92,250 2l+81+,170 Deposits I * Member bank-reserve acct.13,i44i|.»623 638,14.06 1+,1+01,295 678,126 10l+6,3l;6 557,363 568,156 2012,1+15 1+72,315 301,033 6ll+,38l4 569,293 1585,1+91 U*S.Treasurer-general acct* 699>23^ ■1^,863 . 195,1+51+ 31+.602 96,101 51,808 10,21+7 •I2lu937 1+0,091 17.765 16,312 17,150 1+9,901+ Foreign 1,1+05,1+87 97,175 y 528,082 ■126,818 122,683 55,139 1|1+ ,111 170,930 1+2,732 30,326 39,975 39,975 107,51+1 Other 352,923 3,801 269,?63 5,932 5,991 3,1+15 3,613 l+»l|l+5 8,158 2,028 2,026 2,921 1+0,630 Total deposits 15,902,267 781+,2l+5 5,391+,79I+ 81+5,24.78 1271,121 667,725 626,127 2312,727 563,296 351,152 672,697 629,339 1783,566 Deferred availability itemsi ,61*2 ,68l 122,526 302,121; 90,1+86 176,205 136,058 103,115 2I+1,100 73,871 37,373 87,91+9 61+,568 207,301 Other liabilities including accrued dividends 9,175 781 2,887 63I+ 831 355 555 1,217 300 25I+. 232 319 760 TOTAL LIABILITIES 37,555,516 2192,283 10,161,003 2260,635 3213¿3U 2137,775 1331,327 621+3,503 ll+7l+,967 832,71+li 11+95,572 1186,1+76 1+1+75,797 Capital paid in -159,919 9,980 58,360 12,131 16,231 6,1+01 5,753 13,93b l+,897 3,1+66 5,161 5,011+ 13,1+36 Surplus (Section 7) 188,097 13,206 70,012 17,859 16,026 5,236 5,725 26,1+90 6,330 3,669 l+,55l+ i+,831 H+,159 Surplus (Section 13k) 26,965 2,871+ ' 7,092 1+,1+21 1,007 3,290 7I+9 1,1+29 530 1,000 1,137 1,307 2,129 Other capital accounts 91,557 5,257 21,581+ 6,225 10,790 6,21+7 5,578 13,01+1+ 3,931+ 1+,1+1+1+ l+,56? 1+,001 5,886 TOTAL LIABILITIES AND -G&PJIAL. ACCOUNTS 38,021,951+ 2223,600.10,318,051 2301,271 3257,533 2158,91+9 1899,137 '6303,1+00 11+90,658 81+5,323 1510,991 1201,629 1+511,1+07 Commitments to make industrial loans 3,871 275 ---- 1,868 50 771 ---- 1+8 — — — 859 F. R. notes outstanding 20,600,711+ 1318,907 1+,599 »603 1359,666 1806,211; 1363,732 1202,601+ 3755,526 871,231+ 1+52,1+58 759,571 523,661 2587,538 Collateral fox F. R. notes held by F* R. Agents: Goi'd certificates 11,706,000 706*000 2 ,300,000 610,000 1010,000 825,000 690,000 2500,000 375,000 230,000 1+20 ,000 266,000 17 7!+,000 Eligible paper 153.310 5,895 - ' 112,1+95 2/21+5 ---- 1,305 26,520 5,000 350 — -— I?.S.Govt. securities 9T2l5»97l+ 700,000 2,300,000 750,000 800,000 550,000 525,000 1287,600 553,371+ 225,000 350,000 275,000 900,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES Within l6 to 31 to 61 to 91 days to 6 months 1 to 2 2i to“5 Over Total 15 days 30 days 60 days 90 days 6 months to 1 year years years 5 years Discounts and advances 171,867' 139,087 9,890 3,025 19,365 ... — — ---- ---- ---- Industrial loans 10,030 9,309 5 6 31+9 211 57 62 31 ---u. s. Govt, securities I (incl. guar* sec.) 16,51+0,170 2,782,871 1,682,533 3,385,71+9 3,998,660, 628,521 2,22l+,7l+0 821,200 89^,102 861,791+ l / After deducting §076,703,000 participations of other Föderal Reserve Banks Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283a Released for publication Friday morning, Sept. 22,19i4.itj not earlier, •STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands, of dollars) Increase or decrease since Sept. 20, Sept. 13, Sept. 22, 19W* I9I43 A S S E T S Gold certificates on hand and due from U. S, Treasury 18,2314,365 - 11,500 -1,680,852 Redemption'fund — F.R.notes 1*76,51*8 + 6,082 + 31*6,683 Other cash 26U,li95 + 216 - 69,0147 Total reserves 18,975,1;08 - 5.202 -1,1*03,216 Discounts and advances 171,867 + 55,972 + ,150» 3k8 Industrial loans 10,030 + 110 1.187 U. S. Govt, securities: Bills 10,750,083 +10l*,76l +5.085.916 Certificates 3,1; 68,990 + 50,000 +2,150,8140 Notes 1,071,871 - U,ooo + 379,971 Bonds 1,2^8,1|26 - 18,000 - 280,622 Total U. S. Govt, securities (incl. gUar. sec.) 16,51*0,170 +132,761 +7.336,105 Total loans and securities 16,722,067 +188,8U3 +7 »1*8 5» 2 66 Due from foreign banks 136 -- + 9 F.- R. notes of other banks 76,1*53 - ll, 150 1,586 Uncollected items 2,156,9814 +114.2, lj.22 + 92,578 Bank premises 3l*,5k7 19 3.988 Other assets 56,359 - 10,691 i*. 61*2 TOTAL ASSETS 38,021,9514 +311,2141 +6,161*, 1*21 L I A B I L I T I E S Federal Reserve notes 20,001,393 + 58,715 +¡4,863,000 Deposits j Member bank-reserve account 13,U1+U, 623 - 81,U6U + 957.827 U.S.Treasurer-general account 699,23)4 +329,370 + 150,620 Foreign l, U05,l;87 772 + 173.202 Other 352,923 - 6,017 - 76,717 Total deposits 15,902,267 +2141,117 +l,20l*,932 Deferred availability items 1,61*2,681 + 10,305 + 58,1479 Uther liabilities including accrued dividends 9,175 -3- CVJ + 1.331 TOTaL LIABILITIES 37,555,516 +310,179 +6*127,71*2 C A P I T A L a C C O U N T ö Capital paid in 159,819 + 170 + 9.870 Surplus (Section 7) 188,097 «... + 27, .586 Surplus (Section 13b) • 26,965 + 136 Other capital accounts 91,557 + 892 -. 1,013 TOTAL LIABILITIES CaPITaL aCCOUNTS 38,021,9514 +311,21*1 +6,161;,1*21 Ratio of total reserves to deposit and F. R. note liabilities combined 52 >-7/o •h% - 15*!; % Commitments to make industrial loans 3,871 171 7,918 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R*. 2Q$b STATEMENT OF CONDITION*-OF THE FEDERAL RESERVE BANKS ON SEPTEMBER. 20, lgUU (In thousands of* dollars) A S S E T S Total Boston New York Phila, Gleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran. Gold certificates on hand and due from U*S.Treasury 18,23I*,.365 1023,365 l*27l*,502 982,808' 1511,608 1118,563 950,170 3567,235 668,5142 355,71*1 7o6,i*ol* 553,226 2,522,201 Redemption fund-F,B*notes 1*76,51*8 - 31,167 117,331 37,775 ho,353 28,937 26,572 67,-625 28 ,.322 11,39-5 17,215 13,700 56,13o Other cash 261*,1*95' 18,752 63,ol*l* 20,721 22,305 12,984 21,076 36,710 12,357 5,538 14,013 3,3ll* 27,381 • Total reserves 18,975,^08 1073,281* 1*1*514,877 10l*l,30l* 1571*,766 1160,53k 997,818 3671,570 70Ç,22l 372,1*714 737,632 '575,7140 2,606,138 Discounts and .advances 171,867 5,895 112,1*95 2,21*5 6,200 1,305 2,950 8,100 26,520 5,000 350 '225 582 Industrial loans 10,030 1,1*92 99 h, 060 338 l68 25 — — 20 25 3,813 U. S. Govt, -securities: Bills - 10,750,883 553,285 1*061*,381 653,222 773,^21* i;36,959 396,880 1621*, 386 376,773 21*1*, 637 3l;6,8l2 271,61*8 1008,1*76 r~\ r T Certificates 3,1*68,990 262,658 731,235 19^ 337,li 73 220,1*20 212,120 336,338 .167,393 103,065 100,925 156,100 367,671 Notes 1,071,871 81,172 225,91*2 83;I23 119,725 70,578 „65, 5l*2. 119,387 51,723 3lr8U5 55,903 -hds3^h 113,607 Bonds 1,21*8,1*261 9h,S& 263,158 102 , 638 139,^5 82,201* 76,333 139,052 : 60,21*3 37,091 65,112 56,281* 132,319 Total U*f5# Govt* securities ~ (inolrf guar., sec.) l:6,51*0,170 991,697 528l*,7l6 1129,175 11*20,072 018,l6l 750,880 2269,213 ' 656,137 1+16,633 61+8,752 532,656.1,622,073 Total loans and securities 16,722,067 999,081* 5397,300 1135,1*80 11*26,610 819,631* 753,855,2277,313 ( 632,657 1*21,658 61*9,127; 532,3.81 1,626,1*63 Due fronj, foreign banks 136 10 1 A9 12 12 6 1* 17 1* 3 1* 1*. 11 i'.R. notes of other banks 76,1*53 2,153 1C769I4 2,329 3,15!4 6,163 1*315 9,678 U, 71*0 2,561* 5,818 3,850 13,927 Uncollected items 2,156,981* 1143,557 1*31 > I4I+I4 lilt, 59I4 21*2,336 165,753 134,961* 3314,61*0 39,006 1*5,561 112,831 35,729 256. 561* Bank premises 314,51*7 1,629 6,963 3, 7OI4 14,130 2,880 1,621* 2,902 2,063 1,261 2 , 606 932 1,973 Other assets 56,359 3,333 1-0,722!* ’ 1;',0l*8' '6,530 ‘ 3,9714 . 3,1497^ 7,28b ?,959 1,’302 2,393' 2,1493 6,276 ‘ TOTAL.ASSETS .38, 021, 951* 2223^600^313,051 2301,271 5257,530 2:158,91*9 1899,137-6303,1*00 li*9©»658 8i 5, 323 1510,991- 1201,629- 1*,511,1*07 l/A fte r deducting $07,000 participations orf other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis