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 20; of the Federal Reserve System not earlier. April 19, 19^5» .CONDITION OF THE FEDERAL RESERVE,BANKS During the week ended April 18 member bank reserve balances decreased $11,000,000« Reductions in member bank reserves resulted from a decrease of $21,000,000 in gold stock and increases of $129,000,000 in money in circular tion, $10,000,000 in Treasury cash, $21,000,000 in Treasury deposits with Federal Reserve Banks and $39,000,000 in nonmember deposits and other Fédéral Reserve accounts, offset in part by an increase of $210,000,000 in. Reserve Bank credit« Excess reserves of member banks on April 18 were estimated to be approximately $800,000,000. Holdings of loans, discounts and advances.increased- $18,000,000 and of United States Government securities $62,000,000. The increase in holdings of United States Government securities reflects increases of $72,000,000 in bills and $1*,000,000 in bonds and decreases of $10,000,000 in certificates and $it,000,000 in notes. Changes in member bank reserve balances and related items during the week and the year ended April 18, 19U5, wore as follows: Increase or decrease since April 18, April 11, April 19, 19^5 !9k5 I9hh (In millions of dollars) U. S. Government securities 20,153 + 62 + 7,U9 Loans, discounts and advances 3U5 + 18 + 2U6 Other Reserve Bank credit klh + 129 — 22 Total Reserve Bank credit 20,973 + 210 + 7,6JU3 Gold stock 20,396 - 21 - 1,073 Treasury currenoy ii.117 - 1 + Member bank reserve balances 1U,532 ■ _ 11 + 1,878 Mouey in circulation 26,068 + 129* ' + h,73h Treasury cash 2,37k + 10* + 53 Treasury deposits' with F. ti. Banks U30 + 21 + 226 Nonmember deposits and ofher F.R.accounts 2,031 39 - 298 ♦April 11 figures revised. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

STATEMENT OF.CONDITION OF THE FEDERAL RESERVE BANKS- ON APRIL 18, 1945 a'onu F<, R. 283c (•In thousands of dollars) L I A È Î L I T I B S Total Boston New York ‘Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas SanFran. Federal Reserve notes 22,50h,029 li+28>356 5,013,019 1434,507 1957,666 1505,58k 1321,400 ¿1.13k,753 953,520 1+93,110 827,885 557,79k 2826,1*35 Deposits: Member bank-reserve acct.lli,582,323 634,975 4,754,191 723,018 1133,681 605,66k 651,075 2171,379 530,28k 314,693 669,561 63k,87k 1708,928 U.S.Treasurer-general acct. 1+29,9k6 24,034 136,138 29,296 32,923 30,073 5,ll+5 1+5,056 27,017 18,327 27,36k 21,702 32,371 Foreign ' 1,191,436 79,lk8 1/462,075 .100,203 99,065 k7,32u 39,85k lk8,028 3k,160 26,190 3k,160 3k,160 86,619 Other 4-32,297 k , l 36 . 303 , 7.95 k,k27 ■ k,?66 7 ,lk 3 3,5kS 4 ,6 2 1 11,008 1,952 3 ,117 2,531 k o ,253 Total deposits 16,606,052 792,293 5,656,199 356,944 1270,435 690,704 699,622 2369,034 602,469 3o l,l62 739,202 693,267 1874,671 Deferred availability itemsl,650,682 132,554 360 ,k45 . 98,817 163,937 123,300 112,730 239,152 74,920 32,302 76,321 63,806 166,34s Other liabilities including accrued dividends io ,627 851 2,769 701 1,052 583 4.5 0 1,552 • 473 232 4 ll 335 1,113 TOT.IL LIABILITIES ko,771,590 235k,054 11,032,k32 2i+k0,969 3398,090 2320,171 213k,252 6744,541 1631,337 036,356 1614;. ,319 1315,252 48o9,067 Capital paid in 167,5kl+ 10,131 59,343 12 ,654 16,750 6,750 6,067 20 ,203 5,411 3,654 5,361 5,632 15,038 Surplus (Section 7) 220,153 .15,239 84,903 19,372 19,071 7,313 7,936 33,201 . 7,048 4,950 6,196 6,025 15,399 Surplus (Section 13b) 27,165 2,880 7,143 ■ 4,468 1,007 3,290 762 1 ,¿{-29 527 1,073 1,137 1,307 2,142 Other capital accounts 90,324 5,356 13,541 6,529 10,622 5,350 Ç.1 b6 13.137 4,596 3,91k 4,399 3,986 8,198 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 1+1,23k,576 2387,710 11,202,862 2484,492 3445,540 2343,87k 2154,163 6812,561 1648,969 900,447 1661,412 1332,202 4910 r3k4 Commitments to make industrial loans 3,153 ---- 2,005 20 4oo — — 50 — ---- — 678 F- R. notes outstanding 23,130,079 ii+6l ,866 5',161,512 1522,899 2008,982 1538,294 1367,469 4207,963 993,034 500,507 848,2k4 534,642 2934,617 Collateral for F. R. notes hold by F* ft. agents; Gold certificates 10,817,000 575 ,'000 2,915,000 . 614,000 760,000 580,000 625,000 2140,000 375,000 190,000 320,000 249,000 1474,000 Eligible paper 277,623 20,069 155,514 10,900 — 14,750 — ---- 31,250 23,700 10,840 ---- 10,600 U* S. Govt, securities 12,546,956 900,000 2,200,000 900,000 1250,000 975,000 750,000 2100,000 721,956 315,000 550,000 385,000 1500,000 MATURITY DISTRIBUTION OF LC)AIvS ¿ND iSECURITIES Within l6 to 31 to 61 to 91 ’ dc.ys to 6 months 1 to 2 2 to 5 Over Total 15 days 3Ö days 60 days 90 days 6 months to 1 year years years 5 years Discounts and advances ••31+1,228 2kk-,239 42,190 22,659 32,140 -- — ---- ---- ---- Industrial loans 4,268 3,632 .--- 8 7 28 571 18 4 U. S. Govornment securities 20,152,971 3,221,761 1,984,525 4,632,909 3,962,323 1,959,140 2,712,,821 273; ,800 642,902 762,790 l/A fter deducting $726,1+75,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

..-Pom F. R'. 283a Released for publication Friday morning, April 20,191*5} no,t earlier. STATEMENT OF CONDITION OP THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since April 18, April 11, April 19, I9I+I* 19Ù5 191*5 A S S E T S Gold certificates 17,582,265 - 25,000 -1,1*39» 555 Redemption fund - F. R. notes 61*9,023 + 2,781 + 361,963 Other cash 250,970 - 2,773 - 3l*,270 Total reserves 18,1+82,258 • 2l+,992 -1,111,862 Discounts and advances 31*1,228 + 18,1+99 + 2 5l+, 031* Industrial loans l+,268 32 8,220 U. S.Govt, securities* Bills 12,913,018 + 72,1+38 +5,692,21+1 Certificates 5,221+, Oil - 10,000 +2,216,571- Notes 987,850 - l+,000 - 170,911* Bonds 1,128,092 + 3,700 - 318,675 Total U„ S, Government securities 20,152,971 .+ 62,138 +7,1*19,223 Total loans and securities 20,1+98,1+67 + 80,605 +7,665,037 Due from foreign banks 116 - - 20 P. k, notes of other banks . 92,315 - . 32 + 17,258 Uncollected items 2,12l+,97l+ +353,1*75 + 117,800 Bank premises 31*, 306 - - 665 Other assets 52,11*0 + 3,353 -, ■ , 6,789 TOT+iL ASSETS 1+1,281+, 576 +1+12,1+09 +6,.<S80,759 L I A B I L I T I E S Federal Reserve notes 22,50l+, 029 +135,977 +1+,71*2,1*23 Deposits* Member bank-reserve account H*, 582,323 - 11,106 +1,877,992 U.S.Treasurer-general account 1*29,91+6 + 21,015 + 226,1*01+ Foreign 1,191,1+86 - 3,l*oo - 325,227 Other 1*02,297 + 1+1+, 1+39 - 53.731* Total deposits 16,606,052 + 50,91*8 +1.725,U35 Deferred availability items 1,650,682 ■ +221+, 151 + 139,628 Other liabilities including accrued dividends •10,627 + 92 + 1,61*8 TOTAL LIABILITIES 1*0,771,390 +1+11,168 +6,609,131* C A P I T A L A C C O U N T S Capital paid in 167,51*1* + 1*9 + 10,779 Surplus (Section 7) 228,153 » + l+o, 056. Surplus (Section 13b) •27,165 — + 2'00v Other capital accounts . 90,321* + 1,192 + 20,590 TOTAL LIABILITIES AND CAPITAL ACCOUNTS l+i; 281*, 576 +1*12,1*09 +6,680,759 Ratio of total reserves to deposit and F. R. note liabilities combined 1*7.3$ - .2?o - 12.7% Commitments to make industrial loans 3,153 + 11* - -5,557 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F.:R. 283b STATEMENT OF CQTDITIO!! OF THE FEDERAL RESERVE BANKS OH APRIL 18, 19,1+5 (In thousands of dollars) A S S E T S Total Boston New York Phila. Cleve* Rich. Atlanta Chicago St,Louis Minn. ]ECans.Cy. : Dallas San Fran. Gold certificates 17,582,265 912,733 1*,903,7Hl 91*5,755 1293,985 879,181* 923,137 3329,677 617,605 33I*,593 618,255 507,101 2316,526 Redemption fund- F.R.notes 61*9,023 l*l*,'9l9 115,373 1*6,060 62,1*93 51,61*8 38,125 110,913 32,108 15,600 27,232 20,186 81*, 366 Other cash 250,970 22,309 62,o6l+ 19,981; 23,327 13,699 19,557 29,550 11.899 5,173 12,175 8,531 23,71*2 Total reserves 18,1+82,258 979.961 5,081,151 1011,799 1379,805 9l+l*,53l 980,819 31*69,12+0 661,572 355,366 657,662 535,818 21*21*, 63I* Discounts and advances 31+1,228 20,069 l55,5Hi 10,900 26,605 ll*,750 1,1*00 35,600 31,250 23,700 10,81*0 • — 10,600 Industrial loans l+,268 166 10 3,55? - - 110 - - - - - - - - 23. - - 1*00 U. S. Govt, securities: Bills 12,813,018 727,739 3,583,381 757,051 1109,876 757,002 61*5,110 2ol*l+,835 1*90,1*35 278,059 512,079 393,287 151I*, 161* Certificates 5»22l+,011 357,1*25 1,296,81*3 l+0l*,030 1*98,686 335,1*73 271,191* 652,1*36 258,107 139,838 255,337 227,oi*l 527,601 Notes 987,850 67,588 2^5,231 ' 76,1*01 Sil*, 301 63,1*37 51,282. 123,371* 1*8,808 26,1*1*1* 1*8,283 ■ 1*2,933 99,768 Bonds 1, 128,092 77,183 280,01*5 87,21*8 107,689 72,1*1*3 58,562 11*0,890 55,737 30,198 55,133 1*9,028 113,931 . Total U# S. Government • • • ' • • securities 20,152,971 1229,935 5rli0S?500 1321*,730 1810,552 1228,355 1026,11*8 2961,535 853,087 1*71*, 539 870,837 712,289 2255,1*61* Total loans -and securities 20,1*98,1+67 1250,170 5,561,021* 1339,189 1837,157 121*3,215 1027,51*8 2997,135 88l*,337 1*98,239 881,700 712,289 2266,1*61* Due from foreign banks 116 9 1/ 29' 12 ‘ 12 6 5 iè 1* 3 1* 1* 10 F.K. notes of other banks 92,315 5,052 2?, 671* 5,013 3,1*1*1 6,619 7,91*3 9,333 l*,8l*7 2,288 1*,518 2,686 17,901 Uncollected items 2,12k,91k Ikl,530 518,231 121,289 215,71*5 11*3,395 133,128 326,100 93,281 1*1,912 112,1*07 78,183 193,773 Bank premises 3k,306 1,596 8,839 3,1*21 1*,073 2,832 1,600 3,156 2,100 1,21*7 2,61+1+ 879 1,919 Other assets 52,11+0 3,392 10,911* 3,769 5,-307 3,276 3,120 7,679 2,828 1,392 2; 1*77 2,31*3 5,61*3 TOTAL ASSETS l*l,28l*,576 2387,710 11,202,862 2i*8l*,l*92 31*1*5,51*0 231+3,87^ 2l5l+,i63 6812,561 161*8,969 900,1*1*7 1061,1*12 1332,-202 1*910,31*1* l/ After deducting $87,000 participations of other Federal. Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis