H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.Fora F, R. 253 STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System January It, 19^5 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended January-3 member bank reserve baltxnces decreased $1*8,000,000, Reductions in member bank reserves arose from decreases of $351-> 300,000 in Reserve Bank credit and $20,000,000 in gold stock, offset in part by decreases of $309, OpO, 000 in T^eas ujry deposits with Federal Reserve Banks,^ $9,000,000 in money in circulation and $9,000,000 in Treasury cash. Excess reserves of member banks on January 3 were estimated to bo approximately $1,300,000 ,.000* Holdings of loans, discounts "and advances decreased $125»000,000 unu of United States Government securities $330,000,000. . The decrease in holdings of United States Government securities resulted from decreases of $1*62.,000,000 in bills and $1;, 000,000 in bonds and an increase of $155,000,000 in certificates. Changes in member bank reserve balances and related items during the week and the yc^r ended January 3, 19^5, were as follows: Increase or decrease since Jan. 3, Dec. 27, Jan. 191*5 19UU l?hk (In millions of dollars) U. S* Govt* securitiesfincl. ,c:uar. sec*) 13/73U - 330 + 7,083 Loans, discounts and advances 3h - 125 - 7 Other Kcsurve Bunk credit 702 + 1—i O -3- 21 Total Ruserve Bank credit 19,U70 1 LT\ (—1 Released for publication Friday morning, Jan, 5» not earlier. + 7,098 Gold stock 20,619 - 20 - 1,319 Treasury currency U, 130 1 36 Mejibor bank reserve balances 13,921 - h8 1,319 I .on.y in circulation 25,326 - 9 1,890 Treasury cash 2,368 - 9 + 5b Treasury deposits with F. R. Banks 592 - 309 - 3^9 Nonmember deposits and other F.R'. accounts ’ 2;oil + 1 - 79 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F.^ h» 283o .STATEMENT 'OF CONDITION OF THE FEDERAL RESERVE BANKS ON JANUARY 3, 191*5 (In thousands of dollars) L IA <¿*1 L I T I S S Total . Boston Now York Phila. Clove. Rich. Atlanta Chicago St.Louis Kans.Cy. Dallas San Fran». Federal Reserve notes 797,131 5U6,571 2703,767 Deposits j 636,961 611,006 l663,18l* U.S.Treasurer-general acct., 591,829 ¿>9,656 221,105 39,26l 39,878 21,1*92 26,267 50,083 20,193 30,527 29,666 30,91*0 1*2,756 foreign 1,220,096 83,929 lA 76;8l9 107, ll*8 103,651* 1*6,586 37,26? .i*i*,ia7 36,1 oil 25,622 33,775 33,775 90,998 Other - 388,1*80 h,9& 287,261 3,7l*0 6,921 2,512 2,979 6,717 11,799 2,323 5.695 3,263 50,308 Total deposits 16,121,800 793,625 5,308,232 851,01*6 1271,01*8 692,878 675,163 2333,001* 539,817 369,655 706,097 678,981* 1852,21*6 Deferred availability items 1,729,1*53 129,789 327,892 96,689’ 167,256 ll*l*,876 118,530 233,625 79,3^7 39,366 110,6142 83,810 .192,586 Other liabilities including accrued dividends 6,870 799 1,1*18 555- 692 335 295 1,209 231 198 256 189 693 TOTAL LIABILITIES 39,600,921* 2291,991*. 10^85,399 2376,-567 3336,71*1 2327,30!* 2072,71*2 6553,537 1599,353 863 , 815 161!*,126 1309,551* hlk9 & 2 Capital paid in 161*, 399 10,068 59,1+78 12,260 16,1*91* 6,527 5,876 19,617 5,194 3,51*6 5,21*1* 5,21*0 11*, 855 Surplus (Section 7) 228,155 15,239 8i*,903 19,872 19,071 7,813 7,936 35,2oi 7,01*3 1*,950 6,196 6,025 15 ¿-899 Surplus (Section 13b) 27,165 2,880 7,11*3 1*,1*68 1,007 3,290 762 1,1*29 527 1,073 1,137 1,307 2,11*2 Other capital accounts 68,679 3,963 12,91*3 5,018 8*552 U,l*82 1*,050 9,925 3,352 3,370 3,517 .....1*20L 5,800 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 140,089,320 232k,Ihh 10,62+9,866 21+18,183 3381,865 231*9,1*16 2091,366 6617,709 l6l6,V7l* 896,75^ 1630,220 1325,333 ¿+767*988 G ommi tinen t s to make industrial loans 3,309 2,723 20 1*15 55 596 F• R* notes outstanding 531*, I90 2821*, 328 Collateral for ***R.notes held by F.R;Agents: Gold certificates 21*9,000 11*71*, 000 Eligible paper 26,350 695 l6,o00 255 - - 500 T - - - • 7,400 ■I ,-1*00 U.S*Govt, securities ,000 1150,000 9 50,000 7 50,000 2000,000 61*9,422 31*5,000 11*00,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES Within 16 to 31 to 6l 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 29,850 11,325 50 Ï25 18,350 Industrial loans 3,7U 3,637 28 2 31’ 12 27 U.S.Govt, securities finely guar, sec.) 18,73^,358 2,1*03,662 2,1*83,31*8 3,961*,888 1+,581*, 139 978,500 2,1*1*3,190 3i*3,2oo 619,802 913,629 l/ After deducting$71*0,720,000 participations of other Federal Reserve Sunks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form^F. R. 283a Released for publication Friday morning, January 5,191*5, earlier, STATEMENT OjF CONDITION OF THE TWELVE;, FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Jan» 3# Dec. 27, Jan, 5, 191+5, . . 191*1* I9kh A £> S E» T £> Gold certificates 17-, 337,365 - '22,000 -1,675,215 Redemption fund‘dF* R. notes 607,106 621 + 355,815 Other cash 21*5,352 + 21,596 - 91,211* Total reserves 18* 689,823 - 1,025 -1,1*10,611* Discounts and advances 29,850 -122,768 950 Industrial loans, . . 3,7hl - 2,222 6,1*28 U. S, Govt, securitieèj Bills ll,oi+o,l66 -1*30,1*51. +1*, 177,212 Certificates 1*, 886,61*0 +151*, 500 +2,1*09,31*0 Notes 1,568,221 m» mfß + 890,321 Bonds 1,239,331 - 1*,095 - 395,ol*6 Total U*S* Govt* securities i (incl, guar* secf ) : 18,731**558 -330,01*6 +7,083,827 Total loans and securities 18,767,91*9 -1*55» 036 +7,076,1*1*9 Due from foreign banks 136 - - - - F. R. notes of other banks 107,51*3 + 11*, 983 + 19,106 Uncollected items 2,1431,237. +.325,195 + 327,932 Bank premises '31*,271 59 929 Other assets 58,361 + 3.335 3,71*7 TOTAL ASSETS • 1*0,089,320 -112,607 : +6,008,197 L I A B I L I T I E S Federal Reserve notes .21,71*2,796 + .17,1*1*5 +1*, 831*, 687 Deposits: luembcr bank-reserve account 13,921,395 • - 1*7,228 ' +1,319.639 U.S.Treasurer-general account 591,629 -308,869 - 369,1*50 Foreign 1,220,096 + 9.732 - 160,517 Other 383,1*80 - 2,509 + 17,1*55 Total deposits 16,121,800 , ^-31*3,871* '+ 807,127 Deferred availability items 1,729,1*53 +221,062 + '306,61*1 0 the r 1i ab i 1i ti e s in c1ud i nz accrued dividends 6,870 - 5,202 + 1,1*95 TOTAL LIABILITIES 39,600,921* -115,569 '+5,91*9,950 C A P I T A L a C C 0 TJ ÎT T S Capital paid in 161*, 399 + 2,285 + 9,1*63 Surplus (Section 7) 228,153 + 1*0, 056. .+ 1*0,056 Surplus (Section 13b) 27,165 + 200 + 200 Otnor capital accounts 68,679 - 39,579 + 8,528 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 1*0,089,320 -112,607 +6,008,197 Ratio of total .reserves to deposit and F.P* note liabilities combined 1*9.1*% + - 13.CP/o Commitments to make industrial loans 3,809 - i,ol*5 5,700 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F* R. 283 STATEMENT-OF CONDITION OF THE FEDERAL RESERVE BANKS ON «L'JIUARY 3, 191+5 (.In thousands of dollars) A S S E T S * Total Boston New York Phila. Cleve. Rich.' Atlanta Chicago St.Louis Mirïn. Kanö.Cy. Dallas SanFr an. Gold certificates 17,837,365- 901*761 5*228,965 91+5,1+16 131+2,1+1+7 897,500 911+ ,1+58 51^2,156 650,576' 566,651+ 61+1,197 55l+*988 2271,267 Re demption fund-F.R* note s 607,106 1+0*923 106,731 1+2,799 - 57,691+ 1+9,203 58,520 100,907 52,735 li+,820 25,779 17,752 79,195 Other cash 21+5,352 17*895 57,887 18,675 18,120 16,227 20,317 29,31+7 15,1+13 5,14+5- 15,51+6- 9*625. 2l+,059 Total reserves 18,689,823 960,579 5,393,533 1006*890 11+18,261 962 ,930 975,795 5272,910 696,772 386,897 . 630,522 562,565 257l+,521 Discounts and advances 29*850 695 16,600 255 —‘— 5C0 —_ 5,000 7 *l+oo — 1,1+00 ---- — Industrial loans 3,71+1 199 12 2,562 308 126 21 — ——— — 25 1+88 U* S. Govt, securities: Bills 11,01+0,166 658,01+7 2,766,721 661,571 91+7,020 665,281 566,782 1965,195 1+1+2 ,135 2l+7 ,058 :; 1+51,251 550,098 1559,009 Certificates 1+, 8 86,61+0 536,213 1,215,381+ 370,060 l+61+,59l+ 515,056 2l;7 ,021+ 659,055 229,608 152,225 2Î+0,088 . 205 ,1+1+7 1+95,088 Notes 1,568,221 107,893 390,01+0 118,760 ll+9,097 100,1+65 79,275 205,3kl 75,686 1+2 ,1+55- 77,050 65,290 158,88!+ Bonds 1,239,331 85,270 308,21+0 95,35? 117*828 79,595 62,61+9 162,277 58*255 55,555 60,891 51,597 125,563 Total U. S. Govt, securities (incl. guar, sec.) 18,731+,-358 1187-,1+23 1+*680,385 .12lil+,2l+l+ 1670,539 1158,197 955,750 2972,666 805,660 1+55,255 809,280 650,1+52 213 8,51+1+ Total loans end securities 18,767,91+9 1138*322 1+,696,997 121+7,061 1678,81+7 1158*823 955,751' 2975,666 ' 811*060 1+55,253 810,705 650,152 2159,032 Dug from foreign banks 136 10 1/ I+9 12 12 6 U 17 1+ 5 1+ 1+ 11 F. R. notes of other ban:fcs 107*51+3 -3,01+3 17*009 3,922 5,51+9 10,971 10,856 13,91+8 9,627 5,220 5,681+ 5*652 18,002 Uncollected items 2,1*31.237 166,806‘ 520,080 152^852 2691+30 210,399 :r 11+6,171 3l+l+,Ol8 93,851+ U8M2 127,751 105,179 21+3,2:5 Bank premises 3l+,27l 1,610 8,891+ 3,1+57 i+,101 2,852 1,611 ' 2*,8?9 • 2*115 ■ 1,252 2,66l 901 1,933 Other ossets 58,361 3,771+ . 13,251* 3,991 5*065 • 5,1+55 5,178 8,271 3,ol+2 1,687 5,095 2,822 6,11+9 4 TOTAL ASSETS 1+0,089*320 252l+,ll*i+ 10,61+9,866 21+18,185 3381*865 231+9,1+16 2091,366 6617,709 1616,1+7!+ 896,751+ 1630,220 1325,333 1+787,938 l/A fter deducting *$87,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis