H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. F. 283 STATEMENT FOR THE PRESS Released for publication Board of Governors Friday morning, Dec. lj of the Federal Reserve System 30 not earlier, , November , CONDITION OF THE FEDERAL RESERVE BANKS During the week ended November 29 member bank reserve balances increased $1*2,000,000, Additions to member bank reserves arose from increases of $179* ~;00,000 in Reserve Bank credit and $3,000,000 in Treasury currency, and decreases of $5,000,000 in Treasury cash and $18,000,000 in nonmember deposits and other Federal Reserve accounts, offset in part by increases of $116,000,000 in money in circu­ lation and $1+1,000,000 in Treasury deposits with Federal Reserve Banks and a do ore*** of $5,000,000 in g°ld stock. Excess reserves of member banks on November 29 were esti­ mated to,be approximately $1,200,000,000, Holdings of loans, discounts and advances increased $120,000,000 and of United States Government securities $11*2,000,000, The increase in holdings of United States Government securities resulted from increases of $125,000,000 in certificates and $17,000,000 in bills. Changes in member bank reserve balances and related items during the week and the year ended November 29, I9J+I*, were as followsj Increase or decrease since Nov, 29, Nov, 22, Dec, 1, 19UU I9hh 19h} ( In millions■ of dollars) U. S, Govt, securities(inclr guar, sec.) 18,553 ♦ + li|2 +8, 106 Loans, discounts and advances 600 + 120 535 Oth-r Reserve Bank credit 367 - 83 + 5 Total Reserve Bank credit 19,520 + 179 +8# 61j.6 Gold stock 20,683 - 5 -If 377 Treasury currency 1*, 120 + 3 + 19 Member bank -reserve balances lit, 761 + U2 +2, 199 Money in circulation 21*,997 + 116 +5,057 Treasury cash 2.33U - 5 + 35 Treasury deposits with F, R, Banks 292 + ill + 17 Nonmomber deposits eind other F,. R. accounts 1 '>9Lib - 18 19 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

29 91 jj'orm F* R. 283c STATELiENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON NOVEMBER , I IU (In thousands of dollars) fLL iI Aa 3^ Ii Ll I:T i i B S Total Boston * New York, . Phil: Clove. Rich. Atlanta Chicago St*Louis Minn* K:xs.Cy. Dallas San Fran. federal Reserve notes 21,369,885 13li.9>°23 ¿,737,213' ll;02 , 652 1861,777 l470,406 1255,37 5 3907;285 912,039 46;v552 734,3i*l 542,524 2677,195 Depositsr ¿¿ember bunk-reserve ucct. ll;,760,967 728,065 4,897.582 734,857 1135,148 633,815 605,541 2166,446 556,342 527,861 669,565' 603,745 1713,502 U.S.Treasurer-general acct. 292,[;87 25,1,411- 104,401 16,959 34,253 18,123 12,972 16/827 13,093 14,09.1 7,409 14,133 16«687 Foreign 1,21*8,-1 pi 87,695 1/482,586 110,162 106,569 47,896 38,517 148,479 37,120 26,345 34,725 34,725 95*536 Other 300r309 4.139 185,752 6,059 14,018 4,502 4,565 5,666 14,289 4,562 • 5,107 li, 005 li?,347 Total deposits # l6,602,4l4 845,341 5,670,321 363,017 1237,933 709,150 661,395 2357,418 601,544 572,857 716,866 661,661 1,872,072 Deferred availability items 1,522,886 125,155 234,236 82,616 173,696 121,898 86,048 250,154’ 69,055 50,005 89,165 55.085 170,799 other liabilities including accrued dividends 11,661 1,018 5 a 65 . 947 • 1,555 60Ó 565 1,296 450 575 .507 417 1,004 TOTaL liabilities 59,506,346 2518,555 19,65 4 ,9 38 2554,252 3329,794 2302,046 2003,581 6476^155 1532,346 872,789 1591,579 1259,685’4721,063 Capital paid in 160,869 10,.002 53,655 12,132 16,319 6,447 5,792 19,219 5,038 5,488 5,176 5,036 13,465 Surplus (Section 7) 133,097 15,206 70,012 17,55? lo, 026 5,236 5,725 26,490 6,550 5,669 4,554 4,831 14,159 Surplus (Scction 13^) 26,965 2,874 7,092 4,421 1,007 3,290 749 1,429 550 1,000 i;i37 1,307 2,129 Other capital accounts ' 102,974 5,815 25,715 6,776 11,617 6,730 6,026 15,518 4,278 4,606 4,929 4,260 6,906 TOTAL LIABILITIES ,JiD CAPITAL ACCOUNTS 59,935,751 2550,450 1Cì856,412 2395,470 3574,765 2325,749 2021,673 6538/609 1599,072 885,552 1607,175 1275,119 4757,727 Commitments to make industrial loans 4,006 - - - - 2,471 50 454 - - - - 55 ~~ “ ~ 976 F.R. notes outstanding 22,027,597 1376,979 4,912,721 1434,806 1912,050 1497,434 1304,522 3992,055 954,002 480,492 805,455 574,531 2784,574 Collateral for F.R.notes held by F.R;Agentsi Gold certificates 11,198,000 575,000 2,470,000 577,000 865,000 615,000 610,000 2520,000 425,000 210,voo 510,000 249.000 1774,000 Eligible paper 544,702 26,882 465,695 9,470 -00 18,215 15,600 O, U.S.Govt, securities iq,9C7,412 810,000 2,500,000 850,000 1050,000 900,000 700,000 1500,000 577,412 275,000 500,000 345.000 1100,000 ÜATURITY DISTRIBUTION OF LOANS AND 3BCUE*ITIE0 Vili thin 16 to 51 to 61 to 9I 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 yeurs 5 years Discounts and advances 593,095 552,552 16,515 11,705 12,325 Industrial loans 6,792 5,860 750 51 4 35 23 58 31 U.S.Govt, securities (incl* guar* sec.) 18 , 552 , 585 ^,.074,504 1,777,955 5,865,456 4 , 508,531 . 1 , 695 , 121 ^ ' 1 , 995,640 ' 92,200 ‘88®, 602 856,794 . •*!/ deducting $761,551,000 participations of other-"Foderal Reserve Bonks«, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R* 283& Released for publication Friday morning, Peaember 1,1944, not earlier. STATEMENT OF CONDITION OF THE TWELVE ' FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Nov# 29# Nov. 22, Dec. 1, 19 44 1944 . 1943 A S S E T S Gold certificates on hand and due from U. S, Treasury 17,957,360 - 5,505 -1,781,155 Redemption fund - F. R. notes 569,207 + 3,897 + 4ll',4ll Other cash 24i,571 + 1,836 - 65,417 Total reserves 1.8,769,138 + 228 -Is435»161 Discounts and advances 593,095 +119,432 + 540,400 Industrial loans 6,792 + 50 4,714 U. S. Govt, securities» Bills 12,102,796 +. 17,059 . +5»843,553 Certi ficates 4,092,990 +125,000 +2,183,340 Notes 1,113,371 - - + 407,471 Bonds 1,243,426 _ _ - 328,861 Total Ut S. Govt, securities (incl. guar.' sec.) 18,552,563 +142,05} +8. 105,503 Total.loans and securities 19.152,470 +261,541 +8,641^189 Due from foreign banks 136 - - - • F. R. notes of other banks 79,636 + 1,852.. + 13*646 Uncollected items 1,890", 092 - 43", 174 + >53,784 Bank premises 34,327 43 3,960 Other assots 60,952 + 1,320 - 2,442 TOTAL ASSETS 39,985,751 +22L, 724. ’ +7,-367,056 L I A B I L I T I E S Federal Reserve notes 21,369,885 +114,738 +5,026,991 Deposits * Member bank-res,erve account 14,760 ,'967 + 4r,8ir +2,199,171 U,S,Treasurer-general account 292,487 + 41,652 '+ 17,271 Foreign 1,243,151 - 16,175 - 173,683 Other 300,309 - 2,027 ;+ 93,118 Total deposits 16, óo2,-4i4 • + 65;26l • '+2,135,-877 Deferred availability items 1,522,886 + 39*930 '+ 148;B75 Other liabilities including accrued dividends 11,661 + 254 + 3,271 TOTAL LIABILITIES 39,500,646 • +220.,-233 • * +7,315,014 C a P I T a L A C C O U N T S • Capital paid in 160,869 Surplus (ocsction 7) Surplus (Section 13b) Other capital accounts TOTAL LIABILITIES ,jjd CAPITaL ACCOUNTS Ratio of total reserves to deposit and F.R.note liabilities combined Commitments to make industrial loans *4 ~=f DC + 10,096 183,097. "* r > + -27,686 26,965 - - t 136 • 102,974 + 1,443 + 14,124 39 >985,751: +221,72I* +7,367,056 b9.b% ' - 16.2$ . 4,006 - 460 - 5,881 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 NOVEMBER 29, l$bb (In thousands of dollars) A S S E T S Total Boston New York . Phila. .Cleve. Rich^ Atlanta Chicago St*Loui® Minn. Kans.Cy. Dallas San Fran. Gold certificates on handI and due from U.S.Treasury 17,957,360 94-0,111 4,547,486 964,912 1349,106 927,583 887,160 3573,368 714,460 357,785 633,265 508,840 2552,934 Redemption fund-F^R*notes> 569,207 40,324 125,762 43,415 52,485 1+6,208 35,201+ 76,lt44 32,950 14,070 2^,919 17,396 61,030 Other cash 241,571 19,430 61,967 18,872 20,504 13.426 18,052 27,627 12,962 4,738 13,053 7,970 22,965 Total reserves 18,768,158 999,865 4 ;733,215 1027,199 1422,095 987,017 940,1+16 3677,939 760,372 376,593 672,242 534,206 2636,979 Discounts and advances 593,095 26,882 463,695 9,1+70 8,960 4,200 4*530 34,400 18,215 15,600 6,640 503 — - Industrial loans 6,792 204 86 3,179 315 132 23 ---------- ---------- ----------- 25 ---------- 2,828 U. S. Govt.' securities: Bills 12,102,796 869,950 3,032,727 895,154 1332,128 873,270 725 ¿94 1197,617 441,393 340,077 624,648 493,382 1271,956 Certificates 4,092,990 185,806 1,397,132 221,160 242,304 191,893 143,732 830,812 181 ¿53 67,557 125,700 106,357 394,084 Notes 1,113,371 50,542 380,01*7 60,160 65,910 52,198 4o,459 225,998 49,358 18,376 34,193 28 ,931 107 ..199 Bonds 1,243 ¿26 56,44-7 1+22; ,lji|.l 67,187 73,610 58,295 45,185 252,397 55,123 20,523 38,187 32,310 119,721 lotal u* S. Govt, securities ' (incl. guar# sec.) 18,552,583 1162,745 .5,23k,347 121*3,661‘1715,952’ 1175,656 959,870 2506,624 727,327 446,533 822,728 665,930 1892,960 Total loans and securities - 19,152,^70 1189,831 5,698,128 1256,510 1723,227 1179,988 964¿23 2541,224 745,542 462,133 829,393 . 666,483 1895,788 Due from foreign banks 136 10 1/ 12 12 6 4 17 4 3 4 4 11 t o . F.R. notes of other banks 79s656 2,002 12,647- 2,666 4,047 6,718 7,761 10,515 . 6,510 2,203 5,317 3,901 15,349 • Uncollected items l ,890,092 154,074. 385,138 102,607 216,775 144,256 104*725 294,500 8i,459 42,011 95,262 67,749 201,556 Bank premises 34,327 1,615 . 8,934 3,1+68 4,ll0 •2*859 1,614 2,885 2,052 1,254 2,673 909 1,954 Other assets 60,952 3,033' 18,301 3,208 4 ¿97 2,925 2,730 11,529 3,133 1,355 2,284 1,867 6,090 TOTAL ASSETS 39*985,751 2350^30 10,856¿12 2395 ¿70 3374,763 2323,749 2021,673 6538,609 1599,072 835,552*1607,175 1275,119 4757,727 * * l / After deducting $87*000' participations of other federal- Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis