H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 283 STATEMENT FOR THE PRESS Released for publication Board of Governors Saturday morning, Oct. li|j of the Federal Reserve System npt earlier. October 13, ljhk CONDITION OF THE FEDERAL RESERVE BANKS During the week ended October.11 member bank reserve balances increased $275,000,000. Additions to member bank reserves arose from an increase of $l|0i|,000,000 in Reserve Bank credit and decreases of $6,000,000 in Treasury cash, $136,000,000 in Treasury deposits with Federal Reserve Banks and $ii5>000,000 in nonmember deposits and other Federal Reserve accounts, offset in part by an increase of $218,000,000 in money in circulation and a decrease of $99,000,000 in gold stock, Excess reserves of member banks on October 11 were estimated to be approximately $1,000,000,000. There was an increase of $356,000,300 in holdings of. United States Government securities: bills increased $311,000,000, certificates $39,000,000 and notes $6,000,000. Changes in member bank reserve balances and related items during the week and the year ended October 11, l^hhr were as fellows: Increase or decrease since Oct. 11, Oct. k, Oct. 13, 19Ui 19UU 19^3 (In millions of dollars) U, S. Govt. sec-urities(incl. guar, sec.) 17,016 + 356 + 7.95k Loans, discounts and advances 157 + 115 + 127 Other- Reserve Bank credit 330 - 67 + 60 Total Reserve Bank credit 17,503 + It Oil + 8.1U1 Gold »took 20,725 - 99 - i,U30 Treasury currency 14,113 -- 4- lli Member bank reserve balances 13,708 + 275 + 1,687 Money in circulation 2i|,099 + 218 + 5,121 Treasury cash 2,366 6 + 85 Treasury deposits with F.R. Banks 211 - 136 - 169 Nonmember deposits and other F. R. accounts' 1,953 u5 + 2 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

11 944 Form i'm R. 263 o STATEMENT OF CONDITIO!! OF TEE FEDERAL RESERVE BANKS ON OCTOBER , I ÌÌ . • . (In thousands of collars) L I A B I L I T I E S Total Boston New York Phila. Cleve. Rich, stianta Chicago St*Louis iiinn.- Kans.Cy. Dallas San Fran. Federal Reserve notes 20,1*98,87k. 1309,918 1|,556,157 1352,218 1800,680 133k,208 1193,327.377k, 807 867,919 k5k,637 753,33k 503,972 251*2', 61*7 Deposits:. Member bank-reserve acct. 13,707,851 682,338 k,163,70k 680,387 1075,760 532,787 570,103 2036,692 k99,56k 313,65k 639,821 577,606 1535,385 U.S.Treasurer-general acct. 210,510 8*50â 36,kk7 7,2k3 17,253 20,200 12,059 23,369 23,516 11,591 20,370 9,278 20,676 Foreign 1,221,160 82,91*5 l/k70,09l 108,596 105,055 k7,2l6 37,773 Ik6,3é9 36,592 25,969 3k,231 3k,231 92,092 Other 3k7,089 3,603 251,336 5,9k6 7,930 k,655 2,717 k, 328. 10,708 1,95k 3,5k2 3,177 1*6,693 To ta 1 deposits 15,1*86,610 777,kkk 5,222,078 802,172 1205,998 65k,858 622,652-2210,753 570,380 353,168 697,96k 62k,292 17kk,8k6 Deferred availability, items 1,315,305 103,312 263,638 7k,591 133,ok9 105,732 78,016 137,156 6k,386 30,32k 7k, 576 51,960 lk3,565 Other liabilities including accrued dividends 9,589 933 2,580 773 1,151 596 kSo 89 k 303 290 ' kk8 396 73k TOTaL LIABILITIES 37,310,378 .2191,612 io/)kk,k53 2229,75k 311*0,878 2lk5,39k 189k,k81 6173,615 1502,988 838,1*19 1526,372 1185,620 kk36,792 Capital paid in 160,276 9,996 53,k25 12,153 16,297 6,ko6 5,78k 13,950 5,155 3,k73 5,165 5,016 I3,k56 Surplus (Section 7/ 188,097 13,206 70,012 17,859 16,026 5,236 5,725 26,k90 6,330 3,669 k,55k k,831 11*, 159 Surplus (Section IJh) 26,965 2,87k ■7,092 k,k21 1,007 3,290 7k9 1,1*29 530 1,000 1,137 1,307 2,129 Other capital accounts ____95,012 5.1*15 22,670 6,k30 11,067 6,375 5,716 13,706 k, 051 k,505 k,711 k,089 6,21*7 TOTaL LIABILITIES AND CAPITaL ACCOUNTS 37,780,728 2223,103 10^02,652 ■2270,617’ 3185,275 2166,701 1912,k55 623k,190 1519,08k 851,066 151*1,939 1200,363 kk72,7S3 Commitments to make industrial loans k,3k8: 275 1,90k 50 715 — — 50 — — — l,35k * F.R. notes outstanding 21,01*7,005 1336,1*16 1*, 702,189 1373,6k5 1838,058 lkn,350 1233,028 3850,023 898,11*2 k62,759 773,062 53k,k72 2633,861 Collateral for F.R.notes held by F.R.Agents: Gold certificates 11,230,000 610,000 2,J*25-,.000 636,000 739,000 600,000 615,000 2580,000 1*50,000 215,000 300,000 236,000 177k,000 Eligible paper 128,895 7,900 10k,255 5,505 — 750 — — 10,335 — 150 -- -- U.S^Govt. securities I0,083,k33 810,000 2,300,000 750,000 1050,000 825,000. 625,000 1287,600 k70,833 250,000 500,000 315,000 900,000 fc.TURITY DISTRIBUTION OF LCtiU'IS i'4?D SECURITIES ’ Within 16 to 31 to 61 to' 9I days to 6 months 1 to 2 2 to 5 Ovor Total 15 days .30 days 60 days 90 days 6 months to 1 year years years 5 years Discounts and advances 11*8,195 131,025 6,k55 325 10,390 — — - - ' — -- Industrial loans 9,012 7,712 59k 336 172. 7! 31 65 31 •— U. S. Govt, securities (incl. guar, sec.) 17 , 015,779 2 , 339,001 1 , 733 , 96 k k,012,1*97 3 ,k 88,710 1,536,871 2,077,lk0 -82 ,200 833,602 856,79k l/-After deducting $750,732,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283a Releasee for publication Saturday morning, October Uj,l9kk> not earlier, STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands <jf dollars) Increase or decrease since Oct, 11, Oct. 1*, Oct. 13, 19kk 19kk I9k3 A S S E T.S Gold certificates' on hand* and due from U.S, Treasury- 18,038,565 -103,000 -l,83&kOO Redemption fund - F,R.notes 521,815 ♦ 15,956 + k07,756 Other cash 21*1,776 - 18,535 - 76,972 Total reserves * 18,802,156 1 -105,579 -1,505,616 Discounts and advances 118,195 +115,335 + 129,886 Industrial loans■ 9,012 + 21 2,9k2 U» S, Govt, securities: Bills 11,095,992 +310,97k +5,63k,531 Certificates 3,602,990 • + 38,500 +2,223,9k0 Notes 1,073,371 + 6,000 + 383,k7l Bonds 1,21*3,1*26 — - 287,622 Total U.S. Govt, securities (incl. guar, sec,) 17,015,779- +355,hlk +7,95k,220 Total loans and securities 17,172,986 +1*70,830 +8,081,X6k Due from foreign banks 136 «9 9m + 9 F.R. notes of other banks é9,90l* 3,317 - k,571 Uncollected items 1,61*1*,926 - 68,169 - 30,918 Bank premises 3k,k67 — 3,996 Other assets 56,153 + 2,988 8,690 TOTAL ASSETS 37,780,728- +296,753 •+6,527,382 L I A B I L I T I E S Federal Reserve notes 20,1*98,871; +201,781* +5.112,299 Deposits s Member bank-reserve account 13.707Î851 +275,128 +1,686,728 U.S,Treasurer-general account 210, 510 -136,135 - 169,222 Foreign 1,221, i6o- - 21*, 076 - 33.126 Other 31*7,089 - 19,923 - 19,712 Total deposits 15,1486,610 + 9k,99k +I,k6k»668 Deferred availability items 1,315,305 - 1,195. - 90,851 Other liabilities including accrued dividends . 9,589. 10 ♦ 1,862 TOTAL LIABILITIES 37,310,378 +295,573 +6,k87,978 C A P I T A L A C C OUNT S Capital paid in 160,276 52 + 10,081 Surplus (Section 7) ‘188,097 — + 27,686 Surplus (Section ljb) 26,965 — + 136 Other capital accounts 95,012 + 1,128 + 1,501 TOTaL LIABILITIES aND CAPITAL ACCOUNTS 37,780,728 +296,753 +6,527.382 Ratio of total reserves to deposit * ' and F.R.note liabilities combined 53.2* 16,$ Commitments to make industrial loans k»3k8 6,118 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON OCTOBER 11, 1944 (In thousands, of dollars) A S S E T S Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas San Fran, Gold certificates on hand and due from U* S. Treasury 18,038,565 887,990 4,371,305 997,389 1256,090 915,856 906,232 3665,540 814,065 398,320 617,616 1+84,697 2723,465 ^ademption fund-F. R. notes 521,815 36,81+9 115,957 37,773 52,945 42,422 32,112 67,377 28,180 12,652 24,112 15,632 55,804 Other cash 21+1,776 21:318 59,133 19,920 20,593 11,859 18,708 31,31+3 12,112 4,387 12,486 7,784 21,628 Total reserves 18,802,156 946,157 4,546,400 1055,082 1329,628 970,137 957,052 3764,260 854,357 415,859 654,214 508,113 or OC O O * Oo\C 0- Discounts and advances 11+8,195' 7,900 104,255 5,505 8,820 750 2,130 7,150 10,335 — _ — . 150 150 1,050 Industrial loans 9,012 1,1+67 89 4,074 330 155 25 ---- ---- 19 25 2,828 U. b. Govt, securities: Bills* 11,095,992 895,61+5 3,083,975 798,787 1336,675 8OO ,700 633,404 958,346 307,179 307,41+3 607,743 482,859 883,236 Certificates 3,602,990 150,762 1,261+,987 185,196 205,355 155,825 129,737 746,248 160,711 51,510 107,247 85,537 359,875 Notes; 1,073,371 14+,91!+ 376,853 55,171 61,178 46,421 38,650 222,317 47,878 15,346 31,950 254+33 107,210 Bonds 1,21+3,1+26 52,030 1+36,558 63,912 70,870 53,776 44,773 257,539 55,463 17,777 37,012 29,520 124,196 Total U*S.Govt. securities (incl. guar, sec.) 17,015,779 1 ll+3,35l 5,162,373 1105,066' l67h,078 1056,722- 846,564 2184,4ro' 571-,231 392,076 783,952 623,399 1474,517 -• - * * Total loans and ' securities 17,172,986 1152,718 5,266,in 1112,61+5 1683,228 1057,627 848,719 2191,600 581,566 392,095 784,127 623,549 1478,395 Due from foreign banks 136 10 1/ 49 12 12 6 4 17 4 3 4 4 11 F. R. notes of other banks 69,90h i,6i+o 13 »7^4 2,119 2,953 5,820 6,809 8,673 4,239 2,011 6,101 3,126 12 ,689 Uncollected items 1,644,926 117,908 350,564 94,511 161,315 127,089 95,875 256,309 74,197 38,622 92,745 63,037 172,154 Bank premises 3i+-,i+67 ' 1,621+ 8,943' 3 ¿92' 4,129 2,873 1,622 * 2,396 2,059 1,259 2,680 924 1,966 Other assets •56,153 3.01+6 16,255 2,756 4,010 3.149 2,374 io,435 2,662 1,217 2,068 1,510 6,67] TOTAL ASSETS 37,780,728 2223,103 10,202,652 2270,617 3185,275 2166,701-1912,1+55 6234,190 1519,081+ 851,066 151+1,939 1200,863 14+72,783 l / After deducting S87,000 participations of other Federal -Reserve Banks . Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis