H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Fern F, *R. 283 STATEMENT FOR TUE PRESS Released for publication Board of Governors Friday morning, Janf 12; of the Federal Reserve System not earlier* January 11, 19^5 CONDITION OF THE FEDERAL RESERVE BANKS During the wegk ended January 10 member bank reserve balances increased $136,000,000« Additions to member bank reserves arose from an increase of $16,000,000 in Reserve Bank credit and from decreases of $¿9,000,000 in money in circulation, $£¿+,000,000 in Treasury deposits with Federal Reserve Banks and' $16,;00,000 in nonmember deposits and other Federal Reserve accounts, offset in part by a decrease of-$26,000,000 in gold stock and. an increase of $[(.,000,000 in Treasury cash# Excess reserves of member banks on January 10 wore estimated to be approximately $1,300,000,000* Holdings of loans, discounts, and advances increased $100,000,000 and-of United States Government securities $173» 000-, 000* The change in-holdings of United States Government securities reflects an increase of $194,300,000 in bills and a decrease of $21,000,000 in bonds. Changes in member bank reserve balances and related items during the week and the year ended January *10, l9U5i wore us follows* Increase or decrease since Jan. 10, Jan. 5, Jan, 12, • 19U5 19^5 l9hh ( In millions of dollars) U. S# Govt,. soGuritie*s( incl* guar. 18,907. + 173! + 7,052 Loans, discounts and advances l$k •4* 100 76 Other Reserve Bank credit bb5 - 257 + b3 Total Reserve Bank credit 19M 6 16 • + 7,:l7l Gold stock 20,593 - 26 - i,3U5 Treasury currency 14,130 - • + 58 k Member bank reserve balances ' 1*4,057 + 136 + 1,256 Money iii circulation 25,257 - 69 + ¿1,855 Treasury cash 2,372 + I + 5b Treasury deposits with R. Banks 528 - 6/4 • 110 llonmember d&pos,it,s and other F,R,accounts 1,995 - 16 - I89 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Fox?3i F.-R. 283c STATEMENT OF CONDITION OF THE FEDE.-&L RESERVE BANKS ON' JANUARY 10, 19k5 (In thousands of dollars) L I A B I L I T I E S Total Boston New York Phila. Cleve. Rich. Atlanta Chica go St.Louis Minn. Kans.Cy. Dallas SanFran* Federal Reserve notes 21,69k,7 77 1362,10k k,82k,¿29 lk26,905 1897,863 llj.83,518 127k,733 3985 J-1U5 928,kl8 k75,k75 796,066 5k2,7ko 2696,881 Deposits.: ' . Member bank-reserve acct.li^,056,996 652,286 k,kl 1,263 70k,916 1092,117 612,906 62k, 10k 2056,21k 5kl,712 322,077 66k *613 6k l»900 1692^888 U.S.Treasurer-general acct. 527,801 -3k ,397 , 295,596 21,985 29,653 ll,o3o 5,072 50,760 11*670 13,363 18,589 15,108 22,528 Forei gn 1,198,829 77,67k 1/ k70,6k9 100,229 99,090 k7,837 39,861+ lk8 *066 3k,169 26,196 3k,169 3k,169 86,717 Other 390,956 5,287 289 ,k37 k,375 6,253 3,678 . 2*675 k*78k 12,539 2,082 5,353 3,053 51,1+ko Total deposits 16,174,582 769,6kk 5 ¿ 66,9k5 831,505 1227,113 675,501 671,715 2299,82k 600,090 363,718 722,72k 692,230 1853,573 Deferred availability itemsi ,314.2 ,551; 113,671 251,03k 7k,6k2 121,813 99,k88 106,161 188,596 71,838 32 ,930 80,125 .•.55,200 lk7,056 Other liabilities including accrued dividends 7,527 650 1,62k. 576 715 kl5 685 1,298 . 257 20k 2k8 213 6k2 TOTAL LIABILITIES 39,219Mo 221+6,069 10,5kk,252 2333,628 32k7,50k 2253*922 2053,29k 61+75,163 1600,603 872,327 1599,163 1290,383 k698*152 Capital paid in l6k,90k 10,091 .59,555 12,278 16,602 6,556 5,907 19,692 5,206 3,61k 5*272 5,259 Ik *872 Surplus (Section 7) 228,153 15*239 8k ,903 I9,ß72 19,071 7,813 7,936 33,201 7,ok3 k*950 6.,196 6,025 15,899 i Surplus (Section 13^) 27,165 2^80 ‘ 7,lk3 k,k68 1,007 3,290 762 l,k29 527 1,073 1,137 1,507 2,11+2 ! Other capital accounts 69,963 k/>37 13,297* 5,116 8,68k k,570 k,117 10,022 3,918 3,koo 3,605 5,25k 5 *9k3 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 39,709*625 2278,316 10,709,130 2375,362 3292,868 2281,151 2072,016 6539,507 1617,302 885,361;. 1615,573 1306,228 k757,008 Commitments to make 3,661 2 *575 20 kl5 —- 55 ---- ---- ---- 596 industrial loans F. R. notes outstanding 22 ¿ 99,01+2 lk l6,586 5,033,622 lko5,95k 1957,219 1528,1+80 1333,236 k070,978 967,92Ì k86,957 82k,09k 532,81k 2851,131 Collateral for F»R*notes held by F.R.Agents: Gold certificates 10,968,000 610,000 3,270,000 623,000 812,000 615,000 605,000 1800,000 375,00c 195,000 320,000 269,000 ll+7l+,ü0G Eligible paper 116,255 k,355 86,075 2,925 — 100 — -- lk,k50 -- 8,350 — — U.S. Govt» securities 11,523,512 810,000 1,800,000 850,000 1150,000 950,000 750,000 2300,000 6k3 *51.2 300,000 ■525,000 5k5,000 1I+00,000 MATURITY DISTRIBUTION 7F LOWTS *1in SECURITIES Within l6 to 31 to 6l to 91 days to 6 months 1 to 2 :? to 5 uver Total 15 days .30 days 60 day s 90 da\ s 6 months to 1 year years years 5 years Discounts and advances I30*155 82,280 11,825 5,700 30.►350 ---- — - -— ---- Industrial loans 3,389 3,736 27 2 31 h 12. 27 ---- ---- U.S.Govt. securities (incl. guar.- sec.) 18,906,870 • 2 —j , j 581,16w5 2: *571 S 3 * , 3 S 9 s — k r y 3 ,§k r 3 V * X o -- k -1— k r ' k r , 7 ó ^ 3 ~ l J ., 1 \ s 9 ^ 5 S 9 7 \ 8, 9 5 ^ 00 ~ 2 ,l+ — k r y 3 * , 1 — 9 s 0 ~ 3k3, * 2 -- 0 -- 0 619,802 092,780 1/ After deducting $726,663,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Pui-Hi'*?. R. 2Q3a Released for publication Friday morning;'* January 12,19^5; not earlier. STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS <COMBINED (In thousands of dollars) Increase or decrease since Jan.. 10, Jan. 3, Jan. 12, ’ 19U5 19U5 I9kh A S S E’l S’ Gold certificates 17,306,365 - 31,000 -1-, 6914,205 Redemption fund - F,R. notes 610,990 + 3,?8i+ + 3U9.557 Other cash *267,361+' + 22,012' - 86t 11+6 Total reserves 1-3,6314,719 - 5,lol+ -1,1+30,79h Discounts and advances 130,155. +100,305 + 03,169 Industrial loans 3,389 + 11+3 6,653 U.S. Govt, securities: Bills ll', 233,527* +193,361 +¿4,205,750 Certificates 14,536, ci+0' - - +2,371,31+0 Notes 1,568,221 - - + . 390,321 Bonds 1,213,1482 - 20,8149 - 1415,870 » Total U.S. Govt* securities (incl. guar, ^seo.") 13,906,170 +172,512 +7,052,01+1 Total loans and securities 19,0140,9114 +272,965 +7,128,557 Due from foreign banks 136 - - F. R. notes of other banks lOl*, 021 - 3,522 + li+,327 Uncollected items 1,737,01+5 —6i+i+, 192 + 70,657 bank premises 314,271. - — ■ 929 Other assets 53,519 + 158 l+,707 TOTAL ASSETS 39,739,625 -379,695 +5,777,111 L I A B i L I T ' J i S Federal Reserve notes 21,691+,777 - 1+3 1 .019 +14,793,1458 Depositsx Member bank-re serve, apcpunt. 11+,-056,996 • +135,601' +1,255,737 U.S.Treasurer-general account 527,301 - 61+,028 - 110,531 Foreign 1,193,329 - 21,267 - 21+5,671+ Other 390,956 + 2,1+76 9,521 Total deposits 16/17U,532 • + 52,732 •• + 890,011 Def^rr^d availability items 1,3142 , 5514 -336,901+ + 28,381 Oth^r liabilities including accrued dividends 7,527 + 657 + 1,392- TOTAL LIABILITIES 39,219,1+140 -331,1+81+ +5,7lB,2l+2 c a p i t a l a c c o u n t s Capitul paid in l6l+,90l+ + 505 + 9,576 Surplus (Section 7)' 228,153 + 1+0,056 Surplrs (Section 13b) 27,165 - - + 200 Other capital accounts 69,963 + 1,281+ + 9,037 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 3^709,625 -379,695 +5,777,111 * Ratio of total .reserves ’to deposit and F. R. note liabilities combined b9.3% - .1% - 13,25S Commitxaents to make industrial loans 3,661 11+8 5,617 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Foriil P. R. 283b STATE,IENT OP CONDITION OP THE FEDERAL RESERVE BANKS ON JANUARY 10, l?h5 (In thousands of dollars) A S S E T S Total Boston New York Phila, Cleve^. Rich. Atlanta Chicago St,Louis Minn. Kans.Cyv ' Dallas San Fran. Gold certificates 17,806,365 888,404 5,303,640 9-38,801 1322,786 919,165 937,651 2990,053 ¿aa, 50a 360,a83 640,5U5 527,058 2333,275 Redemption fund-F.R.notes 610,990 40.827 96,372 a2,642 57,568 as,305 38.394 115,776 32 ,-737 ia,807 25,7a3 18,711 79,108 Other cash 267,36^ .19,927 65,900 20,055 20,995 I6,a76 22,203 31,722 ia,2oo 5,a2a 13,833 10.3a6 26,228 Total reserves 18,684,719 949*158 5,465,912 1001,a98 1401,349 983,9a6 998,248 3157,551 691,aai 380,71a 680,176 556,115 2a38,6ll Discounts and advances 130,155 4,355 86,075 2,925 6,4oo 100 2,000 2,500 ia,a5o 8,350 3,000 — Industrial loans 3,889 199 12 2,710 308 126 21 - - - - 25 - 480 U. S# Govt« securities: Bills 11,233,527 660,579 2,345,094 678,099 974,850 653,083 5ao,3ai 2075,315 aa9,2i8 2ae,85i a38,275 .346,-778 1317, oaa Certificates 4,836,640 336,15a 1,215,442 370,035 464,494 313,083 2a?,o2a 639,9a? 229., 611132,197 2ao,095 203,a36 495,122 Notes ■1,568,221 • 107,878 390,059 118,750 149,066 loo,hlh 79,275 205,371 73,088 a2,a25 77,051 65,287 . 153,395 Bonds .1,218,482 83,319 303,069 92,268 115,822 78,067 61,395 • 159,570 57>25a 32,96a 59,368 50,727 123,459 Total U*S.- Govt, securities ( incl. guar, sec.) 18,906,870 1138,430 4,753,664 1259,15a 1704,232 1150,707 928,235 3030,203 809,771 a56,a37 815,289 666,228 209a,^0 Total loans and* securities 19,040,914 1192,984 4,839,751 126a,789 1710,9ao 1150,933 .930,256 3082i703- 82a¿221 a56,a37 823^6é4 ' 669,228 2095,008 Due fVom foreign banks 136 10 1/ 49 12 12 6 a 17 . a 3 a a 11 F.R. not§s of other banks 104,021 3,232 Ï6,145 3,412 3,966 l3,2oa 10,661 13,230 8,558 3,132 6,089 5,675 16,717 Uncollected items 1,787,045 127,424 36a, 536 93 ,-063 166,857 126,a93 127,97a 295,520 87,852 42,153 99,757 71,842 178, .569 Bank premises 34,271 1,610 8,89a 3,457 2,352 1,611 2,879* 2,115 •1,252 ■2,661 ' 901 1,933 Other assets 58,519 '3;398 '13,043 4,126 3,717 3,262 7,-607 3,111 1,673 3,022 2,463 6,154 TOTAL ASSETS 39.709,625 2273,316 10,709,130.2375:,362 3292,368 2281,151 2072,016 6539,-507 -1617,'302 885,3011615,373 1306,223 4737,008 l/ After deducting $37,000 participations of othar Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis