H.4.1 Factors Affecting Reserve Balances of Depository Institutions

F. R. 233 STATEMENT FOR THE PRESS Released for publication Board of Governors Friday morning, June Oj of the Federal Reserve System not earlier. June 7,19^5 CONDITION OF THE FEDER.iL RESERVE BANKS During the week ended June 6, member bank reserve balances increased $81,000,000. Additions to member bank reserves arose from an increase of $4,000,000 in Treasury currency and-decreases of $74*000,000 in Treasury deposits with Federal Reserve Banks''and $69,000,000 ' ift rionmember deposits and other Federal Reserve accounts, offset in part by decreases of $51,000,000 in Reserve Bank credit ai}d $2,000,000 in gold stock and an increase of $13,000,000 in money in circulation* Excess .reserves of member banks on June 6 were estimated to'be approximately $1,180,000,000. Holdings of loans, discounts and advances increased $26,000,000 while holdings of United States Government securities decreased $127,000,000*. The decrease in holdings of United States Government securities reflects decreases of $327,000,000 in bills, $439»000,000 in certificates and $3,000,000 in bonds, and an increase of $642,000,000' in 'notds. Changes in member bank reserye balances and related items during the weok and the* year ended June 6, 1945, were as follows: Increase or decrease since June 6,' May 30, June 7» 1945 1945 1944 (In millions of dollars) U. S# Government securities 20,896 - 127 +6,287 Loans, discounts and advances 916 + 26 + 665 Other Reserve Bank credit 394 + 49 + 71 Total Reserve Bank credit 22,207 51 +7,024 Gold stock 20,268 - 2 - 944 Treasury currency 4, 145 + 4 + 44 Mepiber bank reserve balances 15,452 81 +2,094 Money in circulation 26,513 + 13 +4,258 Treasury cash 2,314 - 1 16 Treasury deposits with F. R, Banks 352 - 74 + 90 Nonmember deposits and other F# R. accounts 1,989 - 69 - 302 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. *2c3c STATEMENT' OP CONDITION OF THE FEDERAL RESERVE BANKS ON JUNE 6f .191+5 (In thousands of dollars) L I A^B I L ì I I E S Total Boston New York Phila. Cleve. Rich. Atlanta Chi cagò St.Louis Minn, Kans. Gy. Dallas SanFran. Federal Reserve notes 22,859,022 liii+i ,690 5,050,893 1501,883 1995,522 1526,592 1349,059 4197,796 964,009 499,629 846,774 575,530 2909,595 Deposits : Member bank-reserve acct. 15 Ja52 *113 717,264 5,070,579 808,427 1213,608 664,868 674,991 2268,075 546,300 348,837 707,995 6ol,744 1769,425 U.S.Treasurer-general acct. 352,297 -19,707 .124,678 8,891 32,973 20,416 16,092 49,309 10,765 10,359 14,068 15,003 30,036 Foreign 1,188,401 78,221 1/453,227 101,229 100,079 48,314 40,202 149,543 34,510 26,458 34,510 34,510 87,538 Other . 357.438 4,549 230,565 4,210 19,081 5,890 3,727 13,328 13,905 4,3-63 1,473 2,637 53,710 Total deposits 17,350,249 819,741 5,879,049 922,757 1365,741 739,488 735,072 2480,255 605,480 390,017 758,046 713,894 1940,709 Deferred availability items 1,358,311 113,851 250,913 75 ,-372 122,710 104,836 103,631 200,182 69,015 29,900 81,595 6y,486 136,820 Other liabilities including accrued dividends 11,772 877 3,295 833 1,167 595 515 1,783 349 311 443 388 1,216 TOTAL LIABILITIES 41,579,954 2376,159 11,184,150 2500,845 3485,i4o 2371,511 2188,877 6880,016 1638,853 919,857 1686,358 13 59,348 4988,340 Capital paid in 168,335 10,24 9 60,025 12,731 16,904 6,777 6,090 20,243 5,454 3,679 5,423 5,691 15,069 Surplus (Section 7) 228,153 15,239 84,903 19,872 19,071 7,813 7,936 33,201 7,o48 4,950 6,196 6,025 15,899 Surplus (Section 13b) 27,165 2,880 7,143 4,468 1,007 3,290 762 1,429 527 1,073 1,137 1,307 2,142 Other capital accounts 101,619 6,082 21,518 7,265 11,526 6,530 5,687 14,707 5,187 4,201 5,002 4,374 9,540 TOTAL LIABILITIES AND # CAPITAL x.CCJUNTS 42,105,226 2410,609 11,357,739 2545,181 3533,648 2395,921 2209,352 6949,596 1657,069 933,760' 1704,616 1376,745 5030,990 Commitments to make industrial loans 4,514 225 ---- 2,617 16 400 ---- 376 50 — 200 630 F. R. notes outstanding 23,542,366 1479,548 5,243,945 1543,005 2050,454 1559,141 1394,344 4272,629 1004,631 509,809 867,557 598,181 3014,122 Collateral for F. R. notes held by F. R. Agents: Gold certificates 10,321,000 575,000 2,545,000 598,000 805,000 600,000 610,000 2000,000 375,ooo 190,000 320,000 229,000 1474,000 Eligible paper 813,804 29,580 653,769 16,275 — 10,625 ---- — 38,290 24,225 17,290 — 23,750 U.S.Govt. securities 13,226,461 900,000 2,4oo,000 950,000 1250,000 975,000 800,000 2300,000 791,46i 325,000 550,000 385,000 1600,000 MATURITY DISTRIBUTION OF LOAKS AND SECURITIES With 16 to 31 to 61 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 and advances 912,124 826,804 54,275 9,345 21,700 ...... —- ---- Industrial loans 4,104 2,940 10 30 43 852 108 121 —- U * S♦ Goye rnment securities 20,896,287 2,677,958 2,163,305 4,851,095 4,496,766 1,007,350 3,537,521 907 j,300 507,652 747,340 l/ After deducting $733*910,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. k. 283a Released for publication Friday-morning, June 8,i9l+5, n°t earlier, STATEMENT OF CONDITION OF-THE TWELVE FEDERAL RESERVE'BANKS COMBINED (In thousands of dollars) Increase or decrease since June 6, May 30, June 7» 19U5 191*5 ■ 19UU A S S E T S Gold certificates i7.lii2.U65 - it, 000 -1,2714,660 Redemption fund - F, R, notes 697.U81 . + 2,387 + 338,095 . Other cash ' 2^7,330 - 761 - 12,137 Total reserves 18,357.276 - 2.37U - 9i*8,702 Discounts and advances 912,12U ■ + 26, 590 + - 672,57k Industrial loans U. 10U - ■ 198 7,026 U, S, Govt, securiti-es’j • Bills 12,737,U3U -326,663 +14,006,158 Certificates 5,383,261 -1+39,050 +2,11+7,771 Notes 1,657,950 +6I+1,500 + U67,915 Bonds . 1,112,6142 . - 2,500 - 33U.851+ Total U. S, Government securities 20,896,287 -126,713 +6,286,990 Total loans and securities 21,812,5-15 -100,321 +6,952.538 Due from foreign banks 110 2 26 F, R. notes of other banks 89,208 + 7,132 + 17,690 Uncollected items 1,752 , 583 + 25,322 + 201,1+31+ Bank premisss 3.U.1UU . 30 . 650 Other assets 59,390 - 2,615 7,089 TOTAL ASSETS U2,105,226 - 72,888 +6,215,195 L I n 3 I L I I 'I -E -S Federal Reserve notes 22,859,6^2 + lit,735 +l+,2lo,395 Deposits: Member bank-reserve account 15,1+52,113 + 80,721 +2,09!+, 3U6 U*S#Treasurer-general account 352,2^7 - 73i 201+ + ' 90,195 Foreign 1,13(3,1+01 + 29,321- - 327,228 Other 357,U3Q -102,238 - 60,538 Total deposits 17,350,2149 _ - 65,1+00 +1,796,775 Deferred availability items 1,350,311 - 23; 595 + ' 129,610 Other'liabilities including accrued dividends 11,772 598 + 1/020 TOTAL LIABILITIES i+l, 579,951+ - 7l+,358. +6,137.800 C A P I T A L A C C O U N T S Capital paid in 168,335 + 190 + • 10,963 Surplus (Section 7), . 228,1-53 - - + 1+0,056 Surplus (Section 13b)* §7,165 + • 200 Other capital accounts 101,619 + 1,730 + 26,176 TOT.iL LIABILITIES aKD CAPITAL ACCOUNTS i+2, 105,226 - 72,838 +6,215,195 Ratio of total reserves to deposit and F* k. note/ liabilities 'combined 1+5.7$ + ,1?5 -• 10,7# Commitments to make industrial loans ■k, 5’li+ + 191+ + 1+5 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form if. R. 283b STATEMENT OF CONDITION OF THE FEDERAL .RESERVE BANKS' ON JUNE 6, 1945 (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 17,1+12,1+65 905; 021 k, 6141,398 975,684 1335,027 896,459 909,432 3256,0214 630,909 364,488 653,041 512,674 2331,708 Redemption fund-F.R*notes 697,14-81 146,310 138,032 48,157 63,243 50,998 41,331 115,019 33,835 16,300 28,996 19,939 95,321 Other cash 21+7,330 21,315 62,1413 20,477 21,375 15,300 20,563 27,784 9,3H 4,400 11,897 9,509 22,986 Total reserves 18,357,276 972,61+6 1+,81+1,81+3 101+14,318 IÌ4.I9,6U5 962,757 971,326 3399,427 674,055 385,188 693,934 51+2,122 2450,015 Discounts and advances 912,121+ 29,580 653,769 16,275 43,845 10,625 7,500 46,975 38,290 24,225 17,290 - - 23,750 Industrial loans h.ich 130 7 3,179 - - 94 - - 275 - - - - 19 - - 4oo U. S# Govt, securities: Bills 12,737,1+314 713,157 3,455,093 731,775 1103,700 754,317 668,925 2181,415 447,334 257,826 490,601 395,400 1537,391 Certificates 5,388,261 371,126 1,334,681 416,700 517,781 345,120 279,185 673,093 264,841 145,423 263,290 233,615 543,406 NQtes 1,657,950 1114,193 1+10,676 128,218 159,321 106,192 85,903 207,108 81,491 44,746 81,014 71,884 167,204 Bonds 1,112,6142 76,63U 275,603 86, o46 106,919 71,265 57,649 138,989 54,689 30,029 54,368 48,21+1 112,210 Total U. S. Government securities 20,896,287 1275,110 5,1476,053 1362,739 1887,721 1276,8914 1091,662 3200,605 848,855 478,021+ 889,273 749,1402360,211 Total loans and securities 21,812,515 130l+,820 6, 129,829 1382,193 1931,566 1287,613 1099,162 3247,955 887#145 502,249 906,582 .749,140 2384,361 Due from foreign banks 110 8 1/ 36 10 10 5 4 15 4 3 3 3 9 F*R. notes of other banks 89,208 3,496 •18,674 -4i830 4-, 844 -7,852 ■ 8,514 - il ,253 6,467 2,,138 4,649 2,950 13,541 Uncollected items 1,752,583 123,060 345,251 105,889 168,044 131,255 125,489 279,727 83,978 4l,36o 93,810 78,920• 175,000 Bank premises 34, 1UI4 1,587 8,803 3,397 4,054 2,827 1,593 3,144 2,092 1,21+2 2,632 866 1,907 Other' assets 59,390 14,192 13,303 4,5U4 5,485 3,612 3,264 8,175 3,328 1,580 3,006 2,744 6,157 total iiS’SETS 1+2,105,226 21+10,609 11,357,739 251+5,131 -3533-,61+8 2395,921 2209,352.691+9,596 1657,069 933,.76o 1704,616 1376,745 5030,990 l/A fter deducting-$74,000 .participations of other Federal Reserve Banks»- Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis