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, June 29; of the- Federal Reserve System not earlier. June 23, 1945 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended June 27 member bank reserve balances decreased $594,000,000. Reductions in member bank reserves arose from decreases of $76,000,000 in Reserve Bank credit and $2,000,000 in gold stock and increases of $340,000,000 in Treasury deposits with Federal Reserve Banks, $92,000,000 in money in circulation, $17,,000,000 in Treasury cash and $66,000,000 in nonmeftber deposits and other Federal Reserve accounts. Excess reserves of member banks on June 27 were estimated tolibe approximately $1,300,000,000, Holdings of loans-, discounts'and advances decreased'$104,000,000, while holdings of United States Government securities -increased $136,000,000. The increase in holdings of United States Government securities reflects an incrqase of $100,000,000 in bills and $36,000,000 in' certificates. Changes in member bank reserve balances and related items during the and the year ended June 27, 1945» were as followst Increase or decrease since • June 27, June 20, June 26, 1945 1^45 1944 (In millions çf dollars) U, S, Government Securities 21,693 •f 136 +6,612 Loans, discounts and advances 206 - 104 + 143 Other Reserve Bank credit 312 - 153 + 32 Total Reserve-Bank credit 22,211 76 +6,733 Gold stock £0,263 - 2 - 930 Treasury currency 4,144 » 1 + 37 Member bank rosurve balances 14,760 594 +1,679 Money in circulation 26,628 + 92 +4 ,’207 Treasury cash 2,314 + 17 — Treasury deposits.with F, R, Banks 687 + 34o + 126 Nonmember‘deposits’ atid'o.t'her F. R, accounts 2,228 •f 66 - 119 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 285c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JUNE 27, 191+5 (in thousands of dollars) L I A B I L I T I E S Total Boston New York Phila. Cl eve * Rich. Atlanta Chicago St.Louis Minn* Kans.Cy. Dallas SaoFran. Federal Reserve notes 22,91+2,621 ll+5l*,85l+ 5,071,1*00 1512,1*07 2008,71*9 l53l+,079 1352,769 1+195,625 961,030 501,008 81+5,093 572,180 2933,1+27 Deposits• Lemher bank-reserve acct. 14,759 ,990 688,1*99 1*,730,592 71*5,230 1135,525 63l+,198 61*6,019 2173,571+ 557,933 331+.1+68 706,1*88 667,11+8 171+0,316 U.i> .Treasurer-general acct. 687,287 101,267 121* ,976 1*1* ,1*70 58,730 58,381* 2l+,50l+ 120,373 1^0,871+ 29,1+78 16,366 22,831 1+5,031+ Fore ign 1,297,666 86,327 1/501,171+ 109 ,1*1*1 108,197 52,233 1+3,528 161,671+ 37,309 28,601* 37,309 37,309 91*561 Otnur 1+76,382 8,066 323,027 6,133 30,958 6,116 5,686 20,709 16,31+8 6,688 - 1,189 1,1+55 50,007 Total deposits 17,221,325 881*,159 5,679,769 905,271*. 1333,1+10 750,931 719,737 21+70,330- 652,1+61+ 599,238 761,352 723,71*3 1929,918 Deferred availability items 1,517,033 129,127 300,1*16 82,193 150,006 123,581 36,637 229,137 62,206 29,686 77,712 57,667 188,665 Other liabilities including accrued dividends 12,781 9l*8 3,520 831 1,253 620 580 1,891 1+26 1+93 •I168 1+31+ 1,267 TO ILL LIABILITIES 1*1,693,760 2U69,088 11,055,105 2500,705 31+93,1+18 21*09,211 2159,723 6902,953 1076,126 930,1*25 1681* ,025 1359,071+ 5053,277 Capital paid in 169 ,¿+54 10,203 00,11*1 12,750 16,927 6,791+ 6,125 20,31+1 5,1+66 3,689 5,1+56 5,708 15,791* Surplus (Section 7) 228,153 15,239 81*. ,903 19,872 19,071 7,813 7,936 33,201 7 ,ol+3 i+,950 6->196 6,025 15,899 Surplus (Section I3&) •27,165 2,88o 7,11+3 i+,1+68 1,007 3,290 762 1,1*29 527 1,073 1,137 1,307 2,11)2 Oth~r capital accounts 106,1*2 9 6,283 22;8ó2 7,582 11,986 6,819 5,931 15,532 5,350 i+,315 ' 5,179 ¿*,538 10,002 TOTAL LIABILITIES AND Ci.JPxTiv-Li ACCOUNTS 1*2 ,221*,961 2503,753 11,230,15!* 251+5,377 351+2,1+09 21*33,927 2180,1+77 6973,536 169I+,517 ’91+1+ ,1+52 1702,593 1376,652 5097,111+ CPmmi tme nt s to mak e industrial loans 5,391 225 --- 3,1+69 16 1*00 — 376 50 — — 200 655 F. R. notes outstanding 23,625,116 ll*82,8lo 5,236,517 1556,1*85 2056,978 1571,030 11*09,980 1*256,582 1011,589 511,377 871,091 601,369 3058,308 Collateral for F. R. notes held by F. R.'Agents: Gold certificates 10,863,000 595,000 3,01*5,000 628,000 812,000 600,000 620,000 1880,000 1*00,000 190,000 350,000 239,000 152l*,000 Eligible paper 188,669 2,035 137,159 7,250 ---- 6,1+50 — — 22 ,600 300 3,175 — 9,700 U.S.Govt, securities 12,962,568 900,000 2,100,000 950,000 1250,000 1000,000 800,000 2I+00,000 702,568. 325,000 550,000 385,000 1600,000 MATURE TY DISTiÌI BUT ION .0F LO.ZS .JTD SE CURITIES- Within l6 to 31 to 6l zo 91 days "Co 6 months 1 to 2 2 to 5 Over Total 15 days 30' days 60 days 90 days 6 months to 1 yecr years years 5 years Discounts and advances 202 ,1*69 200,065 1 ,010 1,100 29I+ ---- ---- ---- Industrial loan’s 5,293 2,155 8 33 7 I5I+ 709 107 120 ---- U • S. Gove rnment securities 21,692,721 5,01+6,800 2,101.,921 1*,805,625 1*,796,612 l-,060,,750 3,718,721 907,300 507,652 71*7,31+0 1/ After deducting $793,1*1*7 ,000 part;icipations of other Federa1 Roserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F, R. 233a Released for publication Friday morning, June ,29,19l*5; not earlier, STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since June 27> June 20, Juno 28, ' I9h5 ' ____19U5 ’ 19UU A S S’E T S Gold certificatos .17,1+07,210 - U*005 -1,212,165 Redemption fund for F, R, notes 699,358 + 2,093 + 267,51*5 Total gold certificate reserves 18,106,568 - 1,912 - 92l+,620 Other cash 216,55U - 32,807 61+,006 Discounts and advances 2o2,i*69 -10l+,115 + 150,921 Industrial loans 3*293 ” 206 - 7 »771+ U, S. Govt, securitiesi ■Bills 12,972,118 + 99,887 +3,920,178 Certificates 5,92l+>011 + 86,000 +2,51+2,021 Notes 1,683,950 — + 501,U5 ■.Bonds l,llg,6l*2 — - 551J45U Total U.S. Government securities 21,692,721 +185,887 +6,612,160 Total loans and securities 21,898,1+83 + 81,566 , +6,755,307 Duo from foreign banks 110 — - 26 F. R;'notes of other banks 8l*,283 - 7,891 - 1,81+5 Uncollected items 1,829,1+22 “ 533,766 + 119,661+ Bank premises. 3l*,09l* - 1+9 “ 61+5 Other assets - 55jMi7 + ‘ ~ “___* 3»9Q8 TOTAL ASSETS * 1+2,221+,96I -l*9l*, 517 +5,879,921 L I A B I L I T I E S Federal Reserve notes 22,91+2,621 + 69,395 *h, 110,299 Deposits t member bank-reserve account Hi. 759,99Q' -59li,2l+5 '679,236 U.S.Treasurer-general’ account ' • 687,287 +3I+0,0li7 ' '+ 1*26,720 Foreign 1,297,666" + 28,706 279J411* Other 1+76,332 + 35,626 + 75,868 Total deposits 17,221,325. -139,866 + 1|,602,1+10 Deferred availability items •1,517,033' -376,621+- ' + •86,336 Other liabilities including accrued dividends 12,781 + 638 573 TOTAL LIABILITIES , l+l, «693,760. -1*96,1+57 +5i,8.00,118 C A P I T A L A C C O U N T S Capital paid in 169,1*51* + 113 + 11.29U Surplus (Section 7) 228,153 mm tm 1*0,056 Surplus (Section 13b) • 27,165’ «ft Hi 200 Oth'¿r capital accounts 106,1*29 + 1,822 28,253 TOTAL LIABILITIES AND CAPITAL ACCOUNTS l+2,22i+,9ol -1+91+, 517 ,879,921 Ratio of gold. certjLfic.ate re,seryes to deposit and F. R.' note liabilities combined 1+5.1% + ,lfc mm 10.1# Commitments to make industrial loans 5,391 + 30l+ + 1,192 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JUNE 2?, I94.5 (In thousands of dollars) A S S E T S Total ' Boston New York Phila. Gleve. Rich. Atlanta Chicago St. Louis Minn. Kans.Cy. Dallas SanFran. Gold certificates 17,1+07,210 976,225 4,627,580 997,880 1380,503 933,052 889,603 3,118,793 678,329 366,108 657,783 531,178 2250,171 Redemption fund for F. R# notes ¿99,358 46,075 131,935 48,052 62,916 51,180 40,883 124,638 33,717 16,259 28,898 19,846 94,959 Total gold certificate reserves 18,106,568 1022,300 4,759,515 1045,932 1443,419 984,232 930,436 3243,431 712,046 382,367 686,686 551^024 .2345,130 Other cash 216,551; 19,284 32,241 18,877 22,^88 14,350 19.557 27,4^ 9,775 4,636 12,276 10,178 25,343 • Discounts and advances 202,^69 2,035 137,159 7,250 11,025 6,450 150 2,550 22,600 300 3,175 75 9,700 Industrial loans 3,293 128 7 2,403 — 85 275 mm mm 15 375 U. S.Govt, securities: Bills 12,972,118 713,174 3,722,914 682,.281 1025,601 719,582 665,337 2299,541 435,486 .272,241 478,265 361,902 1595,794 Certificates 5,924,011 409,588 1,465,521 458,112 571,433 378,864 306,602 740,108 290*297 160,636 .289,423 '256,488 596,939 Notes 1,683,950 • 116,428 416, 587' 130,222 162,436 107,695 87,155 210,331 82,520 45,662 82,271 72,908 169,685 Bonds 1,112,642 76,928 275,253 86,042 1.07,327 71,158 57,586 139,-006 • •54,524'' 30,170 54,359 48,173 112,116 . . ■ _ — Total U, S# Government securities , 21,692,721 1316,118 5,880,275 1356,657 1866,797 1277,299 1116,680 3389,036 862,827 508,709 904,318 739,471 2474,534 Total lo&ns and securi-ties 21,898,483 1318,281 6,017,441 1366,315 1877,822 1283,834 1116,830 3391,861 885.427 509,009 907,508 739.546 2484,609 Due from ,foreign banks 110 ‘ 8 1/ 36 10 10 5 4 15 4 3 3 3 9 jF.R. notes of other banks 8l|f2Q3 5.928 U . 158 3,644 4,881 5,839 8,271 9,482 6,855 2,340 5,725 3,377 14,283 Uncollected items 1,829,422 132,325 386,551 103,189 184,501 139,322 100,729 290,024 75,565 42,790 85,030 69,093 220,303 Bank premises 34,094 1,582 8,803 3,385 4,045 2,818 1,590 3,139 2,092 1,242 2,632 866 1,900 Other assets 55,447 4,c45 • 12,409 4,025 5,143 3,527 3,030 8,115 2,753 1,565 2,733 2,565 5,537 TOTAL ASSETS 42,224,961 2503*753 11,230,154 2545,377 3542,409 2433,927 2180,477 6973,536 1^4,517 944,452 1702,593 1376,652 5097,114 l/ After deducting $74,000 participations of other Federal Reserve Banks* Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis