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. May 1;; of the Federal Reserve System not earlier* May 3, 19U5» CONDITION OF THE FEDERAL RESERVE BANKS During the week ended May 2, member bank reserve balances increased $181;,000,000.' Additions to member bank reserves arose from increases of $96,000,000 in Reserve Bank credit and $10,000,000 .in Treasury currency, and a decrease of $228,000,000 in Treasury deposits with Federal Reserve Banks, offset in part by increases of $130,000,000 .in money in circula­ tion, $11,000»000' in Treasury cash'and $9*000*900 nonmember deposits and other Federal Reserve accounts. Excess reserves of member banks on May 2 were estimated to be approximately $900,000,000« Holdings of loans, discounts and advances increased $61,000,000 and of United States Government securities $35»000,000.'' The increase in hold­ ings of United States' Government securities resulted from decreases of $10k,000,000 in bills and $9,000,000 in bonds and an increase of $lk3,000,000 in certificates. Changes in: member' bank reserve balances and related items during the week and the year ended May 2, I9U5, were as follows» Increase or decrease since iiay 2, Apr. 25, May 3, ■19U5 19k 5. I9kk (In millions of dollars) U. S, Government securities 20,1*79 + 35 •+ 7,167 Loans, discbunts and advances 573 + 61: ■':+ k76‘ Other Reserve Bank credit 35k — — .+ 13' Total Reserve Bank credit 21,l;06 + 96 + 7,676 Gold stock 2,0,37k - - - 1,001 Treasury currency 4,130 + 10 + 38 Member bank reserve balances ’lii, 892 + 18k + 2,202 Money in circulation 26,201; + 130 + k,590 Treasury cash 2,382 + 11 + k8 Treasury deposits with F, R. Banks ' 1;23 - 228 + 19k Nonmember deposits and other. F.R. account 2,009 + 9 - 321 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 2c>3c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON MAY 2, 192+5 (In thousands of dollars) L I A B I L I T I E S Total Boston New York ' Phila. Cleve. Rich. Atlanta Chic a go St.Louis Minn. Kans.Cy. Dallas SanFran. Federal Reserves notes 22,651,006 12+53 ,763 5,02+1,770.12+91,668 1962i,913 1515,92+1 1335,795 bl5b,U+5 953,769 2+95,1+2+0 837,710 560,251 235Ì+,621 Deposits; Lember bank-reserve acct,.12+,891,630 690,027 2+ ,936,5b0 72+9,068 112+2,190 olii,138 652,232+ 2176,737 528,665 326,075 690,316 639,266 171+5,826 U.S.Treasurer-general acct. i;23#l65 50,703 , 89,82+7 26,103 31,576 38,013 19,923 50,930 2+0,266 27,792 2+0,72+8 20,012+ 27,200 Foreign 1,158,992+ 75,052 l/U+5,555 98,390 98,572 ¿¡6,959 39,133 12+5,3 b9 53,52+2 25,716 55,51+2 35,51+2 85,062 Other 2+11,916 2+,726 316,339 2+,32+6 5,620 7,72+6 2,983 5,31+3 12,108 2,767 1,751 5,062 2+3,811* Total deposits 16,885,705 801,083 5,786,781 877,907 1277,962+ 706,856 712+,273 2358,1+59 6l2+,579 332,350 766,857 696,632+ 1901,902 Deferred availability itemsi,51511^4-7 120,2+78 283,398 91,078 155,023 122+, 663 110,172 232,396 63,869 29,282+ 32+,021 58,217 157,52+3 Other liabilitie * s includii*6 accrued dividends 10,767 85I1 2,yi+5 756 1,056 538 2+79 l,6l2+ 388 303 2+56 555 1,065 TOTAL LIABILITIES 2+1,02+2,685 2556,185 11,119,892+ 22+61,2+09 3598,956 232+8,003 2 1 60 , 722+ 672+6,>12+ 1637,605 907,377 1689,022+ 1321,2+65 2+395,1.31 Capital paid in 1Ó7,706 10,2bb 59,850 12,655 16,767 6,760 6,077 20,215 5,1+12+ 5,657 5,365 5,656 15,02+3 ¿ur;;lus (Section 7) 228,153 15,259 3k,905 19,872 19,071 7,813 7,936 33,201 7,02+8 l+,950 6,196 6,025 15,899 Surplus (Section 15b) 27.I65 2,880 7 ,ll+3 2+,1+63 1,007 3,290 762 1,2+29 527 1,075 1,157 1,507 2 ,lli.2 Other capital accounts 9b *055 . 5,578. 19,368 6,72+5 10,760 6,072+ 5 ,322+ 13,805 2+,866 2+,009 i+,639 2+,091+ 8,789 TOTAL LIABILITIES AND CAPITAL ACCOUNTd 2+1,559,761+ 2590,122+ 11,291,158 2505,12+9 3^2+6,567 2371,92+0 2180,823 6815,562 1655,2+60 921,066 1700,359 1353,52+7 1+937,009 Commitments to make industrial loans 3,237 100 2,053 20 2+00 — ---- 50 ---- — 6l2+ r • R. notes outstanding 25,255,563 12+71,82+0 5;172ii+86 1539,242+7 2020,935 152+3,670 1375,091 2+228,913 y92,2+10 502+, 61+5 355,553 593,232 2937,501 Collateral for F. R. notes held by F. R. Agents: Gold certificates 10,589,000 575,000 2,690,000 636,000 775,000 580,000 635,000 2170,000 375,000 190,000 1-320,000 219,000 l2+22+,000 Eligible paper 2+99,586- 12 ,200 SlhsGib 5,005 — 22,055 ---- ---- 28,802 25,150 11,32+0 — 22,500 U.s*-Govt. securities 12 ,82+7,682+ 900,000 2,2+00,000 900,000 1250,000 975,000 750,000 2100,000 722,682+ 515,000 550,000 385,000 1600,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES Within' l6 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 snd advances $63,901 2+78,127 2+8,235 19,2+72+ 25,11+5 ---- ---- ---- ---- Industrial loans 2+,2+20 3 »¿+86 8 7 8 25 866 18 2 ---- U. S. Government securities 20,2+78,583 2,980,706 2,667,750 3,980,817 5,992,757 -, 2sQ2df8U0 3,159,321 273,300 62+2,902 751,190 l/Aftor deducting $713,329,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Fsrlfi F. R. 283a Released for publication Friday morning", May 1;, I9k5, not earlier. STATEMENT OF CONDITION ' OF THE TTiELVE FEDERAL R3SERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since May 2, April 25, May 3, I9k5 ■ 191*5 19W A.S S E T S Gold certificates 17,533,360 - 12,000 -1,362,065 Redemption fund - F.R, notes 673,970 + 10,172 + 359,523 Other cash 250,056 - 6„052 23,650 Total reserves 13,1j.57»336 - 7,880 -1,026,167 Discounts and advances 568,981 + 60,720 + 1483,998 Industrial loans ¡¡,h20 + 506 - 7,1465 U, S, Govt, securities» . Bills 12,988,530 - 16k,033' +5,325,009 Certificates 5,585,711 + U+7,700 +2,371,771 Notes : 987,850 — - 175,91k Bonds 1,116,1492 - 9,000 - 552,275 Total U.S. Government securities £0,1;78,585 + 5k, 667 +7,186,591 Total loans and securities 21,051,98k + 95*895 +7,663,1214 Dus from foreign banks ; 116 — - 20 F, R, notes of other banks 91,1i56 + 1,925 + 23,592 Uncollected items _ 1,869,U08 + 10,038 + 217,269 Bank promises 3k, 221 - I4I4. 662 Gthor assets •:____55,2.13 + .. . 601 - 5,971 TOTAL «SSETS* k l,559,76k + 100,533 +6,870,965 L I A B I L I T I E S Federal Reserve notes 22,631,066 + i25,692 +k,598,95k Deposits» Member bank - reservo account 114,891,630 + 183,671 +2,201,283 U.S.Treasurer-general account 1425,165 - 223,115 + 19k,259 Foreign 1,158,9914 - 8,902 - 1456,292 Other ___k ll,9l6 + 17,109 + 5k,270 Total deposits 16,885,705 - 56,257 .+1,993,520 Deferred availability items l,515,lk7 + 9#k08 + 203,573 Other liabilities including accrued dividends ____10,767 kk6 + l,kk9 TOTAL LIABILITIES l4l,0l42~685 + 98,kl7 +6,797,k96 C A P I T A L A C C O U N T 3 Capital paid’ in 167,706 + 8k + 10,669 Surplus (Section 7) 228,153 — + kO,056 Surplus (Scction 13b) 27,165 — + 200 Other capital accounts 9k, 055 + 2,032 + 22,5^14 TOT«! LIABILITIES aND CAPITAL ACCOUNTS k l,559,76k + 100,533 +6,870,965 Ratio of total reserves to deposit and F.R. note liabilities combined ¿46.7% - *1% - 12. % Commitments to make industrial loans 3,257 - 5kk - 2,557 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Forrô F.R. 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE B^NKS OK M/1Y 2, I9Ù5 (In thousands of dollars) A S S E T S Total Boston New York Phila. CICVG. Rich. Atlanta Chicago St.Louis Linn. Kans.n ^ i J r • Dallas San Fran. /I •- 7 0'' Gold certificates 17,535,560 091,935 li,711,9li9 973,950 1306,50k 83k,k30 920,980 .559k,517 6142,167 555 , 57k OUp,^o 507,911 2300,307 Redemption fund -F.R.notgs 673,970 k5,736 129,013 k5,7?2 62,753 52, -095 57,-399 110,635 32,021 15,969 27,162 20,115 9k,199 Other cash 250,056 22,501. 02,327 20,169 2'5, O69 lk,305 13,Ì!.6l 30,11k 10,623 k,7k5 11,356 3, 529 23,776 Total reserves 13,1; 57,386 960,175 k,903,309 1039, <399 1592,331 950,906 977,5ko 3535,066 631;, 311 37k, 2:8 635,31+6 556,553 21; 1.1,2 32 Discounts and advances 568,981 12,200 57k,05k 5,005 Ik,370 22,055 11,250 k2,025 23,302 25,150 ll,8k0 1,250 22,500 Industrial loans k,k20 165 7 3,k33 - - 9k - - 275 - - - - 25 - - k25 U.S. Govt, securities: Bills 12,988,530 7k3,529 3,720,663 7kS,365 1118,195 76k,83k 665,623 198)1,61f7 1+31,961 230,221; 5kl,k09 593,500 I5k0,775 Certificates 5,335,711 368,973 1,536,599 kl6,529 51k, 301; 5k 5,677 279, k31 67 2,66 c 265,321 llik,ko7 265,221; 235,956 5k5,775 Notes 987,350 67,679 2k5,123 76,1; 00 9k,k2 6 65, kol; 51,263 123,380 ho,151 26,i;S6 Ù3,281 k2,9l2 99,759 Bonds 1,116,^92 76,i;92 277,Qkk 86,5k9 106,722 71,661. . .51x938._.i32j.iiiZ. 5^.107 . ,2o*.9J_5_ r;* . JLLZJÌ&-. Total U.S.Government securities' 2o,k78,583 1256,k73 5,579,229 1527,6h3 183k, 1JU7 12I;5,576 105k,310 2923,13k 851,6k6 kS 1,052 907,k83 723,8682297,017 Total loans and securities 21. 051,98k 1268,8kl 5,955,270 1556,081 13ii9,017 1267,725 1065,560 2962,k5k 830,kkB 50k,202 919,3k6 725,113 23i9,9k2 Due from foreign banks 116 8 l/k2 10 10 5 k 16 5 3 3 3 9 tf.R. notes of other banks 9l,k36 6,655 21*367 5,606 5,502 7,333 5,2k5 9,801 k,350 1,916 k,25k 2,3k5 I5 ,i:i Uncollected items i 869,1*08 lk9,129 591,561 116,173 192,523 139,795 121;, 830 296,905 3:,71c 33, 00k 95,526 70,658 175,750 Bank premises 3k,221 1,591 8,821 3,k09 k, o5k 2,325 1,597 5,150 2, 1,2'kk 2,653 375 1,913 Other assets 55,215 3,7k7 11,703 3,966 5,515 5,5k3 5,199 3,192 3, 03k I,k09 2,766 2,k97 6,032 TOT^L ASSETS kl,559,76k 2390, 121; 11,291,158 2505,lk9■ 3kk6,567 2371,91.D-2100,823 6815,562 1655,k6o 921,065 1706,359 1538,5k7 k937,0O9 l/-After deducting $7k,-00 participations of other Federal Reserve Barks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis