H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 283 STATEMENT FOR THE PRESS Released for publioation Board of Governors Friday morning, April 13; of the Federal Reserve System not earlier, April 12, I9I4.5 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended April 11 member bank reserve balances increased $21*0,000,000» Additions to member bank reserves arose from an increase of $503,000,000 in Reserve Bank credit and a decrease of $20,000,000 in Treasury cash, offset in part by increases of $79,000,000 in money in circulation, $7U,000,000 in Treasury deposits with Federal Reserve Banks and $13l|,000,000 in nonmember deposits and other Federal Reserve accounts. Exccss reserves of member banks on April 11 were estimated to be approximately $900,000,000. Holdings of loans, discounts and advances increased $103,000,000 and of United States Government securities $511,000,000, The increase in holdings of United States Government securities resulted from an increase of $717*000,000 in bills and decreases of $157,000,000 in certificates, $1*6,000,000 in notes and $1*,000,000 in bonds* Changes in member bank reserve balances and related items during the week and the year ended April 11, 19)4.5, were as follows* Increase or decrease since April 11, April I4., April 12, I9h5 ' ■ ' I9h5 I9bh (In millions of dolle its) U. S# Government securities 20,091 + 511 + 7,bk3 Loans, discounts and advances 327 103 + 260 Other Reserve Bank credit 3U5 - 106 - h3 Total Reserve Bank credit 20,763 + 508 + 7,657 Gold stock 20,1+17 - 1 - 1,062 Treasury currency ¿1,118 + 1 + 25 L [ember bank reserve balances lii,593 + 2I4.0 + 1,989 Honey in circulation 25,9 M + 79 + b,6k 9 Treasury cash 2,55? - 2o + 32 Treasury deposits with F. R. Ranks. . U09 + Ik + 135 Nonniember deposits and other F,R.accounts 1,992 + I3h - 187 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

r* 253c STAIELENT OF CONDITION 0? THE FEDERAL - RESERVE BANKS ON APRIL 11, 191+5 (in thousands of dollars) L I A B I L I T I E S Total Boston Ne'vV York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn* Kans.Cy. Dalla s SanFran. Federal Reserve notes 22,300,052 1/408,630 ¿+,992,553 1477,272 1951,822 1505,407 13l6,534 4096,5?6 951,938 491,365 827,088 553,405 2790,642 ^..posits: I-, ember bank-re serve acct,lb,595 ¿29 665,01+3 4,740,717 735,881 1119,312 615,245 654,018 2109,512 545,139 320,099 668,074 639,334 1720,555 J.S .Treasurer-general acct» 2*08,931 1+0,593 141,980 21,564 32,235 16,794 10,361 49,301 14,575 19,19.1. 14,670 18,526 29,335 Foreign 1,194,836 76,931+ 1/469,652 99,387 98,752 47,6-73 39 , 7 2 3 147,561 34,052 26,107 54,052 34,052 86,346 0 ther 357,858 2,912 250,500 5,053 11,846 9,227 3 »144 3,987 12,078 1,953 5,340 3,440 47,878 Total deposits 16,5i>5 ,lo4 785,532 5,002-, 695 8ü2,385 12Ó2 ,0/4.5 688,939 707,251 2370,301 605,6¿+4 367,350 722 ,650 695,352 1884,114 Deferred availability items 1,1+26,531 116,620 279,643 84,809 139,247 110,059 91,349 201,1+47 67,663 29,438 84,646 53,735 167,875 0ii.cr liabilities including accrued dividends 10,535 813 2,847 745 1,053 569 466 i ,54o 427 290 414 33 2 1,039 TOTaL LIABILITIES 1+0,360,222 2311,595 10,877,738 2425,211 3354,767 2304,974 2115,600 6669,944 1625,672 838,443 1634,784 1307,82^. ¿¡343,670 Capital., paid in . lo7,495 10,181 5?,831 12,648 16,742 6,748 6,007 20,198 5,410 3,651 5,558 5,625 15 ,036 Surplus (Section 7) 228,153 15,239 84,903 19,872 19,071 7,313 7,936 33,201 7,043 4,950 6',196 6,025 15,899 Surplus (Section 13b) 27,165 2,880 7,143 4,408 1,007 3,290 702 1,429 527 1,073 1,137 1,307 2,142 Other capital accounts 8y,132 5,265 18,111 6,420 10,472 5,785 5,067 13,034 4,655 3,877. 4,¿435 3,92b 8,085 TOTAL LIABILITIES A;ID CAPITAL ACCOUNTS ¿+0,872,167 2345,160 11,0^7,726 2468,619 3402,059 2528,610 2155,432 6737,806 1643,312 901,994 1651,910 1324,709 4834,850 Commitments to make industrial loans 3,139 — — 1,988 20 400 — ------- 50 — — 681 F. R- notes outstanding 23,030,827 1444,355 5,161,162 1514,330 2004,443 1557,559 i357,9io 4192,480 983,236 500,385 846,729 586,363 2901,597 Collateral for F* R* notes held by F* R. Agents: Go 1 d ce rti f i c a t e s 10,799,000 575,000 2,945,000 616,000 760,000 580,000 625,000 2110,000 575,000 190,000 320,000 229,000 1474,000 Eligible paper 251,739 12 ,1+60 173,779 10,660 — 7 ,ooo — ------- 50,200 8,3oo 8,84o — -------u. S. Govt, securities 12,565,080 900,000 2,200,000 900,000 1250,000 975,000 750,000 2100,000 738,080 315,000 550,000 385,000 1500,000 MATURITY DISIRIBU’i:i0!v OF LC'AliS AND SECURITIES Within l6 to 51 to 6l ' to 91 days to 6 months 1 to 2 2 to 5 Ove: Total 151 days 30 days 60 days 90 days 6 months to 1 year years years 5 ye&.: Discounts and advances 322,729 236,790 26,320 25 ,409 36,210 ------- ------- ------- — Indust ri al lo an s 4,500 3,661 ¿i 7 7 178 421 18 4 — J. S. Go ve rnme nt securities 20,090,833 2,7.92,657 2,374,876 4,700,067 5,861,480 1,961,040 2724,321 263,800 647,902 759,o; l/ After deducting $72ij.,l82,000 participations of other Federal 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 13,19^+5, n°t earlier* ST-^IEuENT OF CONDITION On' THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or 'decrease since April 11, April Auril 12, I9h5 I9h5 19UU S S E T'S • Gold certificates 17,607,265 - 9,000 -1,1+05,210 Redemption fund - F. R. notes 61+6,21+2 ♦ 1* 1+1+8 + *358,395 Other cash 253,71+3 b m . - 33,566 Total reserves 18,507,250 - 9,091 -1,080,381 Discounts and advances 322,729 +102,730 + 267,365 Industrial loans It, 300 „+ 501 7,831+ U.S. Govt, securities: Bills 12,7U 0,530 +717,153 +5,708,298 . Certificates 5,231+.oil -156,500 .+2,226,571 Notes 991,850 - 1+6,500 - 167,91k Bonds 1,121+, 392 - 3,760 - 321+, 375 Total U, S. Government securities ! 20,0?0,833 +510,393' +7-, 1+1+2,580 Total loans and securities 20,1+17,862 +613,621+ +7,702,111 Due from foreign banks . 116 20 F# R# notes of other banks 92,3^7 - 2,555' + 21,615 Uncollected items 1,771,1+99 -160,533 - 56,718 Bank premises 3l+,3o6 660 Other assets 1+8,737 + 1* 59U 9*61+1+ TOTaL ASSETS 1+0,872,167 +1+1+3,039 +6,576,303 L I A B I L I T I E S Federal Reserve notes 22,368,052 +' 1+7,29-3 +1+, 660,735 Deposits s Member bank-reserve account il+,5?3,i+29 +21+0,853 +1,989,1+93 U.S.Treasurer- general account 1+08,931 + 73,511 + 135,196 Foreign 1,191+, 886 + 19,501, - 255,971+ Other 357,858 +113,535 lJ+,360 Total deposits 16,555,101+ +1+1+7,1+00 +1,851+, 355 Deferred availability .items 1,1+26,531 - 51+, 1+19 - n,755 Other liabilities including accrued dividends 10,535 + 672 + 2,032 TOTAL LIABILITIES 1+0,360,222 +1+1+0,91+6 +6,505,367 C a P I T a L ’a c c o u n t s Capital paid in 167,1+95 + 31+9 + 10,768 Surplus (Section 7) 228,153 - - + 1+0,056 Surplus (Section 13b) 27,165 - - + 200 Other capital accounts 89,132 . +. l,7l+i+ + 19,912 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 1+0,872,167 +1+1+3,039 +6,576,303 Ratio of total reserves to deposit nd and F.R. note liabilities combined 1+7.5$ • (/* - 12.9$ Commitments to make industrial loans 3,139 1+83 6,020 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

£orm F. R. 28Jb STATEMENT OF CONDITION OF THE FEDER.iL RESERVE BAHKS ON APRIL 11, 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 SanFr-:xn. Gold certificates 17,607,265 877,722 1+,998, 586 931+, 0I+5 1285,1+53 882,271+ 921,889 3329,278 630,787 31+8,125 631,387 513,380 225l+,339 Redemption fund-/.R.notes 61+6,21+2 l+i+,026 115,798 1+5,227 62,6l6 50,56O 37,250 111,057 32,151 15,613 27,265 20,229 31,1+50 Other cash 253,71+3 22,183 61,211+ 20,618 22,000 li+,1+75 20,995 28,71+0 12,205 5,181 12,217 9,620 21+, 295 Total reserves 18,507,250 9^3,931 5,175,598 999,890 1370,069 91+7,309 980,131+ 31+69,075 675,11+3 368,919 670,869 51+3,229 2363,081+ Discounts and advances 322,729 12,i+6c 173,779 10,660 27,1+35 7,000 3,500 7,1+25 30,200 8,800 8,81+0 _ _ 32,630 Industrial loans 1+.300 166 10 3,591 - - 110 - - - - - - - - 23 - - 1+00 U. S. Govt, securities: Bills 12,71+0,580 71+7,1+10 3,1+61,553 768,107 1119,1+13 758,11+6 61+l+,25i 201+7,290 1+85,698 285,31+3 506,085 338,079 1529,200 Certificates 5,231+,Oil 358,11+1 1,299,286 1+0Ì+, 802 1+99,689 336,101+ 271,706 653,688 258,582 11+0,122 255,825 227,1+67 528,599 Notes 991,350 67,368 2l+6,2l6 76,711 9l+,c9l 63,691 51,1+88 123,871+ 1+9,002 26,551+ 1+8,1+79 1+3,106 100,170 Bonds 1,121+, 392 76,938 279,118 86,962 107,31+1+ 72,203 58,368 11+0,1+27 55,551 30,102 5I+,9 57 1+8,866 113,556 Total U. S. Government securities 20,090,833 1250,357 5,286,178 1336,582 1821,137 1230,11+1+' 1025,813 2965,279 81+8,833 1+82,121 865,31+6 707,518 2271,525 Total loans- and securities 20,1+17,862 1262,983 5,1+59,967 1350,833 181+8,572 1237,251+ 1029,313 2972,701+ 879,033 1+90,921 87!+,209 707,518 230!+,555 Due from foreign banks 116 9 I/29 12 12 6 5 13 1+ . 3 1+ . 1+ 10 i*\R.notes of other bunks 92,31+7 ¿+,1+1+2 19,030 ¿+,725 ¿+,131 6,618 10,002 10,377* 5,206 1.832 l+,l+58 2,609 18,917 Uncollected items 1,771,1+99 123,810 373 , 359 106,335 170,351 131,1+98 111,51+2 275,770 79,165 37>307 97,330 68,357 191.125 Bank premises 31+.306 1,596 8,839 3,1+21 ¿+,073 2,832 1,600 3,156 2.3 00 1,21+7 2,61+1+ 879 1.-919 Other assets ¿+3,787 3,339 10,90!+ 3,1+03 ¿+,851 3,093 2,836 6,706 ?.. ó^j. 1.265 2,31+6 2,113 5,220 TOTAL ASSETS 1+0,372,167 231+5,160 11,01+7,726 21+63,619 31+02,059 2328,610 2135,1+32 6737,806 161+3,312 901,991+ 1651,910 1321+,709 l+3Ci+,830 l/ After deducting $87,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis