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, Oct* 6; of the Federal Reserve System not earlier* October 5* tyhh CONDITION OF THE FEDERAL RESERVE BANKS During the weekended October^ member bank reserve balances increased $70,000,000# Additions to member bank reserves arose from an increase of $156,000,000 in Reserve Bank credit, and decreases of $136,000,000 in Treasury deposits with Federal Reserve Banks and $10,000,000 in nonmember deposits and other Federal Reserve accounts, offset in part by an increase of $223,000,000 in money in circulation. Excess reserves of member banks -on October 1*. were estimated to be approximately $900,000,000* There was an increase of $159'*000,000 in holdings of United States Government securities.: bills increased $1.37*000,000 and certificates $22,000,000* Changes in member bank reserve balances and related items during the week and the year ended October I4., I9I1U, were as follows: Increase or decrease since 0ct# U, Sept. 27, Oct* 6, I9hk 1944 1943 (In millions of dollars) U.S. Govt, securities (incl.* guar* sec.) 16,660 + 159 + 7,273 Loans, discounts and advances, b2 55 + 17 .Other Reserve Bank credit 397 + 53 + 34 Total Reserve Bank credit 17,099 + 156 + 7»324 Gold stock 20,82^ l - 1,352 Treasury currency i|»113 1 + 15 Member bank reserve balances 13,433 + 78 + 1,530 Money in circulation 23,881 + 223 + 4.998 Treasury cash 2,372 1 + 93 Treasury deposits with F*R* Banks 347 136 - 666 Nonmember deposits and other F*R* accounts 2,003 10 + 33 As Thursday, October 12, will be observed as a holiday in most Federal Reserve B*mk. cities, the statement for next week will be issued on Friday, October 13# Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 285c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BiiNKS ON OCTOBER i*, 1944 (In thousands of dollars) L I A B I L I T I S S Total Boston New York Phila. Clove. Rich. Atlanta Chicago. St.Louis ' Minn. Kans.Cy. Dallas San Fran. Federal Reserve notes 20,297,090 1297,943 4,520,400 1335,998 1780,288 1367,612 1181,9li3. 3734,155 857,727 450,673 749',772 504,992 2515,587 Deposits: ' kcniber bank-resa*ve acct. 13,432,723 652,523 4,409,221 664,4oo 1059,595 560,417 554,947 1973,001 479,436 306,714 623,801 532,509 1566,159 U.S.Treasurer-general acct. 346,645 17,330 i3i;495 24,199 26,455 5,814 9,116 27,757 15,929 15,190 21,618 20,761 30,981 Foreign 1,245.236 84,366 1/487,173 109, 502 105,931 47,610 38,088 147,590 36,397 26,185 34,517 34,517 92,860 Other 367 012 5,534 271,349 ' 8,452 7,333 4,234 2,774 4,060 10,111 2-, 022 3,765 2,454 44,924 Total deposits 15,391,616 759,753 5,299,258 806,553 1199,314 618,075 604,925.2,152,408 542,373 350,111 : 685,701 64o,24l 1734,924 Deferred availability^itens 1,516,500 100,676 257,606 90,249 155,499 105,995 71,260 185,847 57,109' 50,867 85,464 46,355 155,597 Other liabilities including accrued dividends 9,599 954 2,290. 750 1,119 524 902 936 282 .295 452 378 759- TOT.1L LIABILITIES 57,014,805 2159,306 la,079,534 2255,550 3114,220 2090,204 1859,030 6073,346 1457,49 1 831*944 1519,589 1191,944 44o4,847 Capital paid.in . 160,224 9 ,y96 58,419 12,155 16,290 6,4oi 5,784 18,938 5,155 5,4.70 5., 164 5,016 15,456 Surplus (Section 7) 158,097 15,206 ■70; 012- 17,859 16,026 5,256 5,725 26,490 6,350 5,669 4,554 4,851 ' 14,159 Surplus (Section 13b) 26,965 2,374 . 7,092 4,421 1,007 3,290 749 1,429 550 1,000 1,157 1,507 2,129 Other capital accounts 93,884 5,571 22,261 ‘ 6,581 10,994 6,326 5,678 13,442 4,055 4,491 4,688 4,068 6,149 TOT.iL LIABILITIES .JtfD CAPITAL ACCOUNTS 2190,753 10,237,318 2274,346 3158,537 2111,457 1876,966 6133,645 1473,54i 844,574 1534,932 1207,166 4440,740 37,483,975 Commitments to make industrial loans 4,342 275 2,040 50 133 50 1,194 F. R. notes outstanding 20,891,391 1335,509 4,676,233 1368,419 1821,730 1391,919 1224,863 3797,837 892,039 459,128 768,435 552,554 2624,922 Collateral for F. R. notes held by F.R.Agents: Gold certificates 11,445,000 620.0002.725.000 620,000 775,000 600,000 605,0002520,000 425,000215,000.330,000 236,0001774,000 Eligible paper 28,335 5,175 8,690 2,o45 — 900 — — 10,900 500 . 125 U.b.Govt. securities 9,747,043 810.000 2,000,000 750,0001050,000 825,000 625,000 1287,600 484,443 250,000 ; 450,000 315,000 900,000 MATURITY DISTRIBUTION OF LOANS ;ATD SECURITIES Within 16 to 31 "to 61 to 9I days to 1 to 6 2m on2th sto 5 Over Total 15 days 50 days 60 days 90 days 6 months year.tso 1 yyeeaarrs 5 ysars Discounts and advances 32,860 17,545 2,050 525 ‘ 12,740 Industrial loans 8,991 7,690 595 558 172 71 65' 51 31 Li. S. Govt, securities (incl. guar, sec.) 16,660,505 2,250,920 1,679,244 5,892,669 5,460*565 1, 502,371 2,067,140 62,200 888,602 856,794 756991,000 l/ ¿ifter deducting $ , paiticiputi-ons of other Föderal Reserve ¡Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R* 283a 9 Released for publication Friday morning, October 6, I UU; n0^ earlier* STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Oct. 1+, Sept. 2.7, Oct. 6, I9bh ; 191+1+ 191+3 A S S E T S Gold certificates on hand and due from U. S. Treasury 18 ,ll+l ,565 - 29,000 -1,756,150 Redemption fund - F.R. notes 505,859 + 27,191 + 392,960 Other cash 260,311 - 1+,199 - 70,259 Total reserves 13,907,735 - 6,008 -1,1+33 ,Uh9 Discounts and advances^ 32,860 - 55,520 + 20,261 Industrial loans 8,991 * • • 83 2,923 U.S. Govt, securities: Bills 10,785,018 + 137,01+6 +[+,977,771+ Certificates 3 ¿5 64,14-90 + 22,000 +2,205,3^+0 Notes 1,067,371 + 377,1+71 Bonds 1,2i+5,1+2)6 - 287,622 Total U.S. Govt.^ securities (incl. guar, sec.J 16,660,305 +159,01+6 +7,272,963 Total loan? and securities 16,702,156 +103/09 +7,290,301 Due from foreign banks 136 + 9 F.R. notes of other banks 73,221 - 8,671+ 6,010 Uncollected items 1;» 715,095 - 25,539 + 73,399 Bank premises 3k,U67 1+9 3,992 Other assets 53,165 - 5,755 10 ,1+02 TOTAL ASSETS 37 »¿4-83,975 + 59,581+ +5,910,356 L I A B I L I T I E S Federal Reserve notes 20,297,090 +210,106 +l+,988,236 Deposits: Member bank-reserve account 13,1+32,725 +, 77,735 +1,529,1+26 U.S.Treasurer-general account ; 31+6,61+5 -136,765 - 666,733 Foreign 1,21+5,236 - 17,110 + 3,307 Other 367,012 + 2,396 - 2l+,300 Total deposits 15,391,616 - 73,711+ + 31+1,7*00 Deferred availability items 1,316,500 - 78,293 + l+o ,ol+6 Other liabilities including accrued dividends 9,599 + 66 + 1,61+5 TOTAL LIABILITIES 57,0ll+,805 ' + 58,135 +5,871,625 C A P I T A L A C C O UNT S Capital paid in lo0,22l+ + 351 + 10,051 Surplus (Section 7) 183,097 + 27,686 Surplus (Section ljb) 26,965 ’ — + 136 Other capital accounts 93,801+' + : 1 ,098 + 858 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 37,1+83,975 + 59,581+ +5,910,356 Ratio of total reserves to deposit, and F.R. note liabilities combined 53*0% - -.2% - 15.1^ Commitments to make industrial loans U,3h2 -20l+ - 6,10i+ Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

283 Form F. R* b STATEMENT OF CONDITION- OF THE FEDERAL RE-SE-WE BANKS ON OCTOBER 4, 1944 (In thousands of dollars) A S S E T S Total Boston New York Phila. Cleve * Mi ch. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas SanFran, Gold certificates on hand and due from U. S. Treasury 18,141,565 874,724 4,734,215 996,055 1262,278 872,854 879,253 3590,990 759,847 380,520 599,604 491,938 2699,287 Redemption fund-F.ft»notes 505,859 36,002 101,7-53 38,003 52,630 43,553 32,328 67,388 28,246 12,172 22,156 15,640 55,988 Other cash 260,311 22,028 61,833 20,663 22,504 12,688 20,674 34,397 12,349 5,545 l4,lo6 8,575 24,829 Total reserves 18,907 *735 932,754 4,897,801 1054,721 1337,472 929,095 932,255 3692,775 800,442 398,237 635,920 516,153 2780,104 Discounts and advances 32,860 5,175 3,690 2 ,045 250 900 2,130 1,900 10,900 500 125 150 95 Industrial loans 8,991 1,468 89 3,888 331 157 25 - — ---------- 20 25 2,988 U. S* Govt* securities: Bills 10,785,018 881,010 2,856,958 797,533 1311,734 737,564 628,841 939,178 317,145 318,213 610,780 484,536 851,526 Certificates 3,564,490 148,223 1,254,546 182,438 201,807 153,626 127,927 740,743 153,947 50 ,524 105,553 .84,082 356,074 Notes 1,067,371 44,384 375,669 54,630 60,429 46,003 38,307 221,813 47,595 15,130 31 ,608 25,178 106,625 Bonds 1,243,426 51,705 437,632 63 ,'64i 70,397 53,590 44,625 258,399 55,446 17 ,626 36,822 29,331 124,212 Total U*S*Govt. securities ' • (incl. guar, sec*) 16,660,305 1125,322 4,924,805 1098,242 1644,367 1040,783. 839,700 2160,133 579,133 401,493 784>763 623,127 1438,437 Total loans and securities 16,702,156 1131,965 4,933,584 1104,175 1644,948 io4i,84o 841,855 2162,033 590,033 402,013 784,913 623,277 1441,520 Due from foreign banks 136 10 1/. 49 12 12 6 4 17 4 3 4 4 11 Fmr notes of other banks - 73,221 1,572 14,254 2,332 3,123 6,255 7,771 9,651 5,283 2,099 5,533 3,058 12,290 Uncollected items 1 >713,095 120 ,246 367,245 106,962 164,807 128,376 91,134 256,172 73,056 39,789 103.834 62,218 199»236 Bank premises . 34,467 1,624 8,943 3,492 4,129 2,873 1,622 2,896 2,059 1,259 2 .,680 924 1,966 Other assets 53,165 2,582 15,442 2,652 4 »o46 3,012 2,325 10,101 2,664 1,174 2.022 1,532 5,613 TOTAL ASSETS 57,483,975 2190,753 10,237,318 2274,346 3158,537 2111,457 1876,966 6153,645 1473,541 844,574 1534,932 1207,166 4440,740 87 l / After deducting $ »000 participations of other federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis