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, April 6; of the Federal Reserve System not earlier. April 5, 194 5 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended April 4 member bank reserve balances increased $48,000,000. Additions to member bank reserves resulted from an increase of $181,000,000 in Reserve Bank credit, offset in part by increasos of $51,0:0,0.'0 in money in circulation,. $23,000,000 in Treasury cash, $25,000,000 in Treasury deposits with Federal Reserve Banks and $52,000,000 in nonmember deposits and other Federal Reserve accounts. Excess reserves of member banks on April 4 were estimated to be approximately $900,000,000. Holdings of loans, discounts and advances increased $2,000,000 and of United States Government- securities $64,000,000, The increase in holdings of United States Government securities reflects an increase of $108,000,000 in bills and decreases of $20,000,000 in certificates and $23,000,000 in notes, Changes in member bank reserve balances and related items during the week and the year ended April 4, 1945> were as follows 5 Increase or decrease since April 4, Mar. 23, April 5 1945 1945 ___1944 (In millions of dollars) U. S. Government securities 19» 580 + 6 4 + 7,248 Loans, discounts and advances 224 + 2 + 1 6 8 0th~r Reserve Bank credit 451 + 114 + 74 Total Resorve Bank .credit 20,255 + 181 Gold stock 20,418 1 Treasury currency 4,117 1 Member bank reserve balances 14,353 + 48 + 2,076 Mon'jy 'n circulation 25,365 + 31 + 4#674 Treupury cash 2,379 + 23 + 32 Treasury deposits with F. R. Banks 335 + 25 - 91 Nonmember deposits and other F,R. accounts 1,858 + 52 - 299 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 233c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 4, 1*45 (in xnousands oi“ aoliars) L I A B I L I T I E S Total Bos.t on New York Phila. Cl eve. Rich. Atlanta Chicago St.Louis Mi nr:* Karis.Ci » Dallas SanFran. Federal Reserve notes 22,320,759 l4o4,l8l 4,988,355' 1472,131 1946,108 1503,157 1315,18? 4087,111 949,229 438,801 824,459 558,620 2783,420 Deposits : li-amber bank-reserve acct.14,352,576 672,222 4,662,960 723,981 1130,83u 614,071 643,994 2069 >479 513 ,289 316,169 665,248 623,730 1716,603 U.S.Tra. surer-gencr&L ec<at. 335,420 57,711 64,638 36,065 28,006 20,953 20,035 54,303 19,25u 15,075 11,312 19,595 8,477 Foreign 1,175,385 79V070 . i/451,616 99,346 93 ,217 47,415 39,513- 146,761 33,868 25,505 33,368 33,868 85,878 Othe r 244,323 3,532 137,082 4,6i5 12,017 7,160 3,84? 3,107 13,489 2,104 7,234 4,183 45,953 Total deposits 16,107,704 792,535 5,-316,296 •8e4,007 1209,070 685,599 707,389 2^73,650 579,896 359,313 717,602 681,376 1856,911 Deferred availability iterns1,430,950 120,457 283,291 87,5U 157 ,413 120,642 92,530 230,006 62,647 28,251 79,076 49,476 164,650 Other liabilities including accrued dividends 9 >863 778 • 2,350 675 1 ,o4o 524 441 1,669 412 271 396 304 1,003 TOTAL LIABILITIES 39,919,270 2317,951 10,555,2.92- 2424,324 .3373,631 2313,922 2115,547 6592,430 1552,184 370,636 162Ì.593 1209,776 4805,984 Capital paid in 167,146 ■ 10,176 59,831 12,648 16,733 6,747 6,064 19,876 5,40o 3,655 5/357 5,623 15,036 Surplus (section 7) 223,153 15,239 84,903 19,372 - 19,071 7,813 7,936 33,201 7,o48 4,950 6,Î96 6,025 15 ^5> Surplus (Suction 13b) 27,165 ¿¿88o 7,143. 4,468 1,007 3,290 762 1,429 527 1,073 1,137 1,307 2,142 Other capital accounts 87,338 5,168 ■ 17,653 6,238 10,296 5,667 4,974 12,753 4,588 3,838 4,352 3,359 7,947 TOTAL LIABILITIES AND _ capital accounts 40,429*128 2351,414 10,764,822 ’2467,6X> 3420,733 2337,439 2135,233 6659,700 1609,747 890,152 1638,635 1306,590 4347,008 commitments to make industrial loans 3,622 . - 2,471 20 400 — 50 — ---- 681 F. R. notes outstanding 22,993,786 ]437,759 5,155,940 15-11-,4l6 2.001,865 15 37,005 1363*421 4132,248 985,123 497,690 343,631 585,423 2897,2o0 Collateral for F. xt. notes held bj F. R. Agents: , Gola certificates 10,722,350 595,000 2 ,92'J ,000 '• 611,000 760,000 615,000 625,000 2010,000 375,000 188,350 320,000 22^,000 1474,000 Eligible paper 130,759 13,570- . 95,324-- • 2., 350 7,d75 — --- 41,950 9,300 9,390 --- --- U.S.teovt. securities 12,609,566 900,000 2,200,000 .900,000 1250,000 950,000 750,000 '2200,000 , 735,566 310,0Q0 , 525,000 305,000 15 a) ,000 - MATURITY DISTRIBUTION OF LOANS AND SECURITIES Within 16..to 31 to 01 to- y 1 dkVs to 6 months 1- to 2 2 to 5 Over Total 151 days 30 dâ;ys 60 da,y s 90 day s t months to 1 year ¿ëars ¿ears 5 ,years --- --- --- --- Discounts and advances 219,999 131,330 ' 22 ,29-J 25,500 40,879 Industrial loans 3,7*9 3,151 12 9 10 174 421 18 u U. S. Government securities 19 ,580 M o 2,301,777 2,321,470 4 ,670,981 3,717,699 ’2018',i4o'’ 2¿5>,321 268,800 659,402 762,850 1/ After deducting $720,256,000 participations of othêr Fedefai Reserve Banks Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form P. R. 283a Released for publication Friday morning, April 6,191*5, earlier. STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrea.se since April 1+, Mar. 28, April 5, 191+5 191*5 191*1* A S S E T S Gold certificates 17,616,265 - 2,000 «1,1*68,060 Redemption fund - Ft R-. notes 6kh,79h 38a- + 366,726 Other cash 255,282 765 - 1*0,253 Total reserves 18,516,31+1 - 3,153 -1,11*1,587 Discounts and advances 219,999 + 2,1*00 + 176,039 Industrial loans 3,799 151 8,695 U. S. Govt, securities: Bills 12,023,^27 +107,803 +5,307,277 Certificates 5,390,511 - 20,000 +2,387,1*71 Notes 1,038,350 - 23,000_ - 122,911+ Bonds 1,128,152 - - 323,315 Total U.S. Government securities 19,580,1*1*0 + 61+, 803 +7,21*3,519 Total loans and securities 19,801;, 238 + 67,0'52" +7,1+15,863 Due from foreign banks 116 - _ 20 F. R. notes of other banks 9U,902 + 1**869 + 22,769 Uncollected items 1,932,032 + 1*8,250 + 289,778 Bank premises 31*, 306 1+5 660 Other assets 1*7,193 - 8,01+8 - 10,1*57 TOTAL ASSETS 1+0,1+29,128 +108,925 +6,575,686 L I A B I L I T I E S Federal Reserve notes 22,320,759' ♦ 58,152 +1*, 685,029 Deposits: Member bank-reserve account il+,352,576 + 1+7,1*93 +2,075,761 U. S. Treasurer-general account 335,U2o + 25,562 - 90,910 Foreign 1,175,335 - 10,1*31* - 257,11*2 Other 21+1* ,'323 + 53,071 - 121*, 273 Total deposits 16,107,701* +115,692 +1,603,1*31 Deferred availability items 1,1*30,950 - 66,065 + 215,786 Other liabilities including accrued dividends • 9,863 67 + 1,31*7 TOTAL LIABILITIES 39,919»276 +107,712 +6,506,093 C A P I T A L A C C O U N T S Capital paid in . 167,116 + 36 + 10,501 Surplus (Section 7) 223,153 mm mm + 1*0,056 Surplus (Section 13b) 27,165 - - + 200 Other capital accounts *7,388 + 1,177 + 13,836 TOTAL LIABILITIES ,vND CAPITAL ACCOUNTS 1*0,1*29,128 +108,925 +6,575,686 Ratio of total reserves to deposit and F.R.note liabilities combined 1*8.2$ - .2% - 13.0% Commitments to make industrial loans 3,622 + 11*7 5,256 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form fi R. 283b «TATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON APRIL 1*, I9I+5 (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 SanFran. Gold certificates 17,616,265 897,176 5,368,11*5 963,783 I29I*, 850 869,238 933,630 2937,096 637,983 31*1*,99l* 6lQ,727 503,370 221*6,273 Redemption fund-F.R.notes 6kh,79b ' 1*2,&*6 116,1*09 1*5,389 62,225 1*9,1*76 37,521 111,180 32,187 15,623 27,291 20,256 81*, 591 Other cash ‘255,282 22,31*1* 62,1*36 20,509 22,919 13,803 19,187 28,881 12,295 5,1*83 12,190 9,555 25,680 Total reserves 18,516,31a 962,166 5,51*6,990 1029,681 1379,991* 932,517 990,338 3077,157 682,1*65 366,100 659,208 533,181 2356,51*1* Discounts and advances 219,999 13,570 95,821* 2,350 22,135 7,875 2,100 11*,875 1*1,950 9,800 ’ 9,390 - * 130 Industrial -loans 3,799 166 10 3,088 - - 110 - - - - - - 25 - - 1*00 U. S. Govt, securities* Bills 12,023,1*27 717,1*67 2,800,980 718,119 1082,61*0 750,728 622,683 2266,125 1*23,917 ;268,108 1*91,861 371,802 1508,997 Certificates • 5,390,511 36?,520 1,337,335 1*16,898 515,559 31*5,907 279,681* 673,271 265,938 11*1*, 636 263,1*55 231*, 118 51*1*, 190 Notes 1,038,350 71,179 257,605 80,305 99,310 66,631 53,871* 129,689 51,227 27,860 50,71*8 1*5,096 10l*,826 Bonds 1,128,152 77,335 279,881* - 87,250 107,899 72,391* 58,533 11*0,905 55,657 30,269 55,137 1*8,997 113,892 * • - • - • Total U. S. Government securities 19,5.80,1*1*0 1235,501 .1*, 675,801* 13.02., 572 1805,1*08 1255,660;101i*,77U 3209,990 796,739 j1*70,873 861,201 700,013; * 2271,905 Total loans and securities 19,80b,238 121*9,237 1*,771,638 1308,010 :1827,51*3 121*3,61*5 1016,871* 3221*, 865 838,689 ,1*80,673 870,616 700,013 2272,1*35 Due from foreign banks .. 116 9 1/ 29 12 12 6 5 18 1* 3 1* 1* 10 F.R.notes of other banks 9^,902 3,539 20,1*21 1*,108 ■ 5,202 7i 383- LO, 1*25 11, 200 4389 - 2,1*26 1*,811* 2,910' 16,085 uncollected items 1,932,032 131,731 1*06,579 119,081* 199,232 11*8,161 . 113,253 336,721* 77,1*01 38,1*65 99,058 67,1*15 19!*, 929 Bank premises 3l*,306 1,596 8,839 3,1*20 1*,073 2,832 1,600 3,156 2,101 1,21*7 2,61*1* 879 1,919 Other assets 1*7,193 3,136 10,326 3,285 i*,682 2,895 2,788 6,580 2,698 1,238 2,291 2,188 5,086 TOTAL ASSETS 1*0,1*29,123 235-1,1*11* 1-0,761*, 822 21*67,600 :51*20,7-38 2337,1*39 2135,283 6659,700 1609,71*7 890,152 1638,635 13P6, 590 O O 00 l/ After deducting $37»000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis