H.4.1 Factors Affecting Reserve Balances of Depository Institutions

F-orm F. R. 283 STATEMENT FOR THE PRESS Released for publication Board of Governors Friday morning, Sept. 29; of the Federal Reserve System not earlier, September 28, 19Wt CONDITION OF THE FEDERAL RESERVE BANKS During the week ended September 27 member bank reserve balances decreased $90,000,000, Reductions in member bank reserves arose from an increase of $100,000,000 in money in circulation and decreases of $294,000,000 in Reserve Bank credit and $60,000,000 in gold stock, offset in part by decreases of $17,000,000 in Treasury cash, $216,000,000 in Treasury deposits with Federal Reserve Banks, and $130,000,000 in nonmember deposits and other Federal Reserve accounts. Excess reserves of member banks on September 27 were estimated to be approximately $900,000,000. There was a decrease of $39,000,000 in holdings of United States Government securities* bills decreased $103,000,000, notes $5,000,000 and bonds $5,000,000 while certificates increased $7u»000,000. Changes in member bank reserve balances and related items during the week and the year ended September 27, I9uii, were as follows: Increase or_ decrease since Sept, 27, Sept 20, Sept, 29* I9bb I9hh 19U3 ( In millions of dollars) ÏÏ. S. Gov»t, securities(incl, guar, sec.) 16,501 39 + 7.333 Loans, discounts aad -advances ' ' 97 - 85 + 72 Other Reserve 3ank credit 3 kb - 170 - 6 Total Reserve Bank credit 16-.9U3 29Ù + 7,Uoo Gold stock 20,825 - 60 - 1,350 Treasury currency it, 111; —— + 18 Member bank reserve balances 13,355 + 1,301 Money in circulation 23,658 + 100 + i|,8U0 Treasury cash 2,373 - 17 99 Treasury deposits with F, R, Banks bQ3 - 216 - 199 Nonmembor deposits and other'F. R. accounts 2,013 - 130 + 2? Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form #F, R. 283c STATEMENT OF CONDITION OF TIB FEDERAL RESERVE B-JJKS ON SEPTEMBER 27, I 9 IU+ (In thousands of dollars) L I i 3 I L I I I 3 S Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. KansvCy. Dallas San Fran. Federal Reserve notes 20,086,981; 1236,757 4,480,254 1329,658 1772,906 131*5,751 1,158,751 3699,365 . 844,255 1*1*5,!*92 738,713 1+95,051 2492,053 Deposits t «'lumber bank-reserve acct. 13,354,988 628,1; 50 1,366,729 673,173 101+7,765 551,2^6 548,506 2oio,384 U75,812 306,593 621,665 571,5361553,079 U.S.Treasurer-general aoct. 483,1+10, 38,813 98,790 53,538 61,61+5 32,115 30,571 53,786 14,437 16,823' ' 22,505 15,51*6 ' là,841 Foreign ‘ 1,262,346* 81;,736 lA93,056 111,267 107,639 1*8,377 38,702 149,968 37,1*92 26,607 35,-073 93U5»,305763 Other 36k,616 4,710 274,879 6,193 5,620 4,600 4,36o 4,766 9,898 1,795 -2,416 423,2,6m8 Total deposits 15,465,360 756,709 5.233,1451* 844,171 1222,669 636,388 622,139 2218,904 537,639 351,818 681,659 625,266 1734,51*1* Deferred availability .items i,39lt,793 ' 112,268 264,190 83,370 141,384 113,048 73,891* 216,598 60,687 27,251+ 80,758 1*9,071* 172,268 Other liabilities including accrued dividends 9,533 791; 3,051 683 882 465 424 1,195 313 270 31*3 365 71*8 TOTAL LIABILITIES 36,956,670 2158,^28 9,980,949 2257,882 3137,841 2093,632 1,855,208 6136,062 1442,892 824,834 l5oi,473 1167,756 4399,613 Capital paid in 159,873 9,980 58,401 12,132 16,285 6,4oi 5,758 18,931+ 4,898 3,1+70 5,165 5,016 13,1+35 Surplus (Section 7) 188,097 13,206 70,012 -17,859 16,026 5,236 5,725 26,1+90 6,330 3,669 4,551; 4,831 14,159 Surplus (Section 13b) 26,965 2,871* 7,092 4,421 1,007 3,290 lh9 1,429 530 1,000 1,137 1,307 2,129 Other capital’ accounts 92,786 5,316 21,899 . 6,308 10,892 6,315 5.636 13,307 4,000 1+.477 4,626 1*,039 5,971 TOTAL LIABILITIES AMD- » capital accounts 37,1*24,391 2189,90410,138,353 2298,602 3182,051 2114,871+ 1,873,076 6196,222 1453,650 837,450 1516,953 1182,949 1+1+35,307 Corfjjnitxrients to make industrial loans 4,51*6 275 — 2,167 50 742 — — 1+8 ------- — -- 1,264 i4*. R. notes outstanding 20/731*. 705 1327,959 1*.637.1*02 1364,723 1811,610 1376,037 1,216,638 3765.790 385,035 451,987 - 763,950 531,095 2602,479 Collateral for F. It. notes held by F. R^: Agents: Gold certificates 11,762,000 706,000 2,350,000'1 616,000 1015,000 830,000 695,000 2500,000 375,000 215,000. 420,000 266,000 1774,000 Eligible paper 71,1*60 6,275 1*7.265 3,230 — 2,195 — — 12,420 — 75 — — U.S.Govt, securities 9.249,503 700,000 2,300,000 750,000 800,000 575,ooo 525,000 1287,600 536,903 250,000 350,000 275,300 900,000 MATURITY DISTRIBUTION OF LCLtffS AHD SECURITIES Within 16 to 31 to 61 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 88,380 73,190 2,575 775 ll,840 Industrial loans 8,908 7,576 ' 614 7 485 69 59 67 31 U. S. Govt, securities (incl. guar. sec.) 16,501,259 2,053,051* 2,352,880 3,1+39»¿98 3,901,270 659,02,1 2,267„7JiO 82,£00 888,602 856,791; 769 l / After deducting $ ,193,000 participations of other Federal Reserve Banks, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 233a Released for publication Friday- mornings Sept. 29#I9UI1-; not earlier*. STATHavUKT -OF CONDITION OF THE TYiiSLVB FEDERaL RES'ErVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Sept. 27, jsept. 20, Sept. 29, '■l9hh 1941+ 1943 S S h T S Gold certificates on hand and due from U. S. Treasury 18,170,565 - 63,800 . -1,711,149 Redemption fund - F. R„ notes 1+78,668 • '+’ 2,f20 + 347,909 Other cash 264,510 + 15 67 ,008 Total reserves* 18,913,743 - 61,665 -1,430,21+8 Discounts and advances 86,380 - 83,487 + 75,385 Industrial loans 8,908 - 1,122 3,057 U. S. Govt* securities: Bills 10,61+7,972 -102,911 +5,047,711 Certificates 3,51+2,1+90 + 73,500 +2,19.^,240 Notes 1,067,371 - 4,500 .+ 377,471 Bonds 1,21+3,1+26 - 5,000 - 287,622 Total U. S. Govt, securities ( incl. guar* sec.) 16,501,259'. - 33,911 +7,332,800 Total loans and securities 16,598,51+7 -123,520 +7,405,128 Due from foreign banks 136 + 9 F. R. notes of other banks 31,395 + 5,1)42 + 3,480 Uncollected i^exas 1,738,631+ -418,350 - 91,615 6ank premises 3^,516 31 3,973 Other assets 56,920 + 561 6,302 TOTAL ASSETS 37,1+24,391 -597,563 +5,876,479 L I A B I L I T I E S Federal Reserve notes 20,036,981+ + 85,591 +4,843,532 Deposits: Member bank-reserve account 13,354,988 - 89,635 +1,300,580 U.S. Treasurer-general accotmt 483,410- -215,824 - 198,544 Foreign ’1,262,346 -143,141 + 54,492 Other 364,616 + 11,693 - 76,131 Total deposits 15,465,360 -436,907. +1,030,397 Deferred availability items 1,354,793 -247,888 - 35,900 Other liabilities* including accrued dividends 9,533 + 358 + 998 TOTAL LIABILITIES 36,956,670 ; -598,346 ‘ +5,339,077 c a p i t a l a c c o u n t s Capital paid in 159,373 + 54 + 9,893 Surplus (Section 7) 188,097 + 27,686 Surplus (Section 13b) 26,965 + 136 Other capital accounts 92,786 + 1,229 313 TOTAL LIABILITIES aND CAPITaL ^ counts 37,41+ ,391 -597,563 +5,876,479 Ratio of total reserves to deposit and F. Rf note 'liabilities combined 53.2£ + t3% ' - '15.5% Commitments to make industrial lo&ns 4,546 + ¿75 6,917 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 01 .SEPTEMBER 2?, 19kk (In thousands or dollars) AA SO S0 EJ2j TJL Su 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 18,170,565 992,268 1+,319,177 91+1,536 1485,989 1090,158 954,142 3526,852 675,594 357,160 736,768 540,920 2550,201 Redemption fund-F.R.notes 1+78«,668 32,088 117,061 37,61+8 40,245 30,292 26,1+43 . 67,511 28,284 12 ,181+ 17,189 13,072 56 »046 Other cash 264,510 21,222 62,173 20,831 21,068 ili, i'411- 23,955 56,400 12,252 5,527 14,695 8,661+ 25,529 Total reserves 18,913,743 101+5,573 1+, I+93,1+11 999,865 151+7,302 ll3i+,59l+ 1004,545 5650,763 716,150 374,871 768,652 563,256 2629,776 Discounts and advances 88,380 6,275 1+7,265 3,230 9,600 2,195 3,150 3,900 12,420 75 225 45 Industrial loans 8,908 1,1+73 89 3,762 338 158 25 — - 20 25 5,013 U* S. Govt, securities: Bills' 10,61+7,972 559,1+31 3,953,581+ 692,260 782,968 l+43,i6i 410,914 1611,980 367,316 21+5,386 337,256 286,736 951,430 Certificates 3,51+2,1+90 268,2.39 71+9,61+1. 291,176 395,181 232,838 215,761 394,790 170,801 105,527 184,592 159,514 374,627 Notes 1,067,371 80,821 225,872 87,732 119,072 70,155 ‘65,009 118,952 51,463 31,735 55,620 48,062 112,878 Bonds 1,21+3 ¿+26 9I+,152 . . 263,128 102,203 138,712 81,727 75,732 133,5.72 59,952 36,969 64.-794 ; 5,5,989 131,496 Total TJ*S.Govt. securities (incl. guar, sec») 16,501,2 59 1002,693 5,192,228 1173,371 11+35,933 832,881 767,416 2264,294 649,532 419,917 642,262 550,301 1570,431 Total loans and securities 16,598,51+7 1010 *1+1+6 5,239,582 1180,363 ll4Ì+5,871 835,234 770',591 2263,194 661,952 419,937 61+2,362 ;550,526 1573,439 Due from foreign banks 136 10 ■ 1/1+9 12 12 6 4 17. 4 3 4 4 11 F. R. notes of other banks ! ol,895 1,696 1ï+,673 2,1+39 3,319 6,415 7,99i 9,742 5,21+4 2 ,901 6,4?2 3,597 17,4o6 Uncollected items 1,738,631+ 126,553 365,157 108,277 175,016 131,539 ' 34,876 277,503 70,374 36,635 93 »811 • 62,180 206,663 Bank premises 34,516 1,629 8,963 3,492 4,129 2,873 1,622 2,901 2,062 1,201 2,686 932 1,966 Other assets 56,920 3,992 11,518 4,154 6,1+02 4*163 3,1(47 7,102 2,884 1,842 2,966 2,454 , 5,996 total ASSETS 37¿21+,391 2189,904 10,138,353 2298,602 3182,051 211/4,8714. 1873,076 6196,222 lb.58,650 837,1+50 1516,953 1;102,91+9 ^+35,307 l / After deducting $87,000 participations of-other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis