H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Forii. F. K.' ¿¿83 STATEMENT FOR THE PRESS Released for publication Board of Governors Friday morning, July 13j of the Federal Reserve System 191+5 not earlier, July 12, .CONDITION OF- THE. FEDERAL RESERVE BANKS . During the week ended July 11 member bank reserve balances decreased $152,000,000. Reductions in member bank reserves arose from a decrease of $221,000,000 in Reserve Bank credit and an increase "of $98,000,000 in money in circulation, offset in part by decreases of $82,000,000 in Treasury deposits with Federal Reserve Banks, $55,000,000 in Treasury cash and $27,000,000 in nonmember deposits and other Federal Reserve accounts.; Excess reserves of member banks on July 11'were estimated to be approximately $1,1+00,000,000. 'Holdings of loans, discounts and advances increased $3l+,000,000 while holdings of United States Government securities decreased $201,000,000« The de­ crease in holdings of-United States Government securities reflects a decrease of $201,000,000 in‘bills. Changes in member bank reserve balances and related items 1 during the week and the year ended July 11, I9I+5, were as follows j Increase or decrease since July 11, July 3, July 12, 19U5 19^5 19UU (In millions, of dollars) U. St Government securities 21,51+1+ - 201 4- 6,728 Loans * discounts and advances 76 + 3k •f 20 Other »Reserve Bank credit U08 - ■ 53 1+5 Total Reserve Sank credit 22,028 221 6,792 Gold stock 20,211+ 1 - 900 Treasury currency h, 11+5 **- t 38 Member bank reserve balances ll+, 570 • 152 1,721 Money in circulation’ 26,932 + 98 1+.371 Treasury cash 2,230 - 55 - 73 Treasury deposits-with* F. R* Bariks ‘ 585 - 82 + 68 Nonmember deposits and other F. Rf accounts 2,070 - 27 ** . 157’ Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

F orra F. R. 283c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JULY 11, l^k5 (In thousands of dollars) L I A B I L I T I E S Total Boston New York Phila. Cleve. Rich* Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas SanFran. .Federal Reserve notes 23,151,382 11+66,1+82 5,112,559 1529,698 2029,193 1555.275 1370,51+5 1+235,599 975,609 506,777 857,696 583,520 2928,1+29 Deposits : ll+, 570,1+06 681,1+83 1+i, 588,300 735,366 1132,11+2 638,1+78 672,572 2136,503 51+7,682 332,856 7-03,882 681,773 1719,369 585,128 1+3.130 197,1+1+7 37,99b 76,038 25,1+96 22,322 l+l+,5ol+ 17*11+1 23,263 16,687 23,061+ 58,01+2 Foreign 1,21+3,385 80,777 1/1+97,918 102,1+29 101,265 1+8,887 1+0,739 151,316 31+.919 26,771 3U.919 31+.919 83,526 Other 373,605 7,267 276,938 3,31+8 8,313 8,179 3,81+3 6,181 H+,098 2,112 1,190 1*215 1+0,921 Total deposits 16,772,521+ 812,657 5.,560,603 879,137 1317,758 721,01+0 739,1+76 2338,501+ 613,81+0 385,002 756,678 71+0,971 1906,858 Deferred availability iteu 1,1+13,929 111,916 271,770 80,61+6 130,161 103,538 87,9^0 200,579 68,1+21* 32,81+8 8l+,736 60,685 175,686 other liabilities includir accrued dividends. 8,527 679 1,613 597 875 508 357 i,ol+7 361 •1,139 • 1+08 280 663 TOTAL LIABILITIES 1+1,31+6,362 2391,73)+ 10,,91+6,51+5 21+90,078 31+77*987 2385,361 2198,318 6775,729 1658,231+ 925,766 1699,518 1385,1+56 5011,636 Capital paid in 170,1+85 10,327 60,51+3 12,789 17,155 6,829 6,171 20,1+12 5,1+82 3,701+ ' 5,523 5,735 15,815 Surplus (Section 7) 228,153 15,239 8l+,903 19,372 19,071 7,813 7,936 33,201 7,01+8 b, 950 6., 196 6,025 15,899 Surplus (Section ljo) 27,165- 2,880 7,H+3 i+,1+68 1,007 3,290 762 1,1+29 527 1,073 1,137 -1,307 2,11+2 other capital accounts 109,686 6,561 23,695 7,817 12,296 7,003 6,083 15,91*3 5,1+93 l+,398 5,330 1+.633 10,1+31+ TOTAL LIABILITIES AND CAPITAL ACCOUNTS 1+1,881,851 21+26,71+1 11,,122,829 2535,021+ 3527.516 21+10,296 2219,270 681+6,711+ 1676,781+ 939,891 1717,701+ 11+03,156 5055,926 Commitments to make industrial loans 5,097 225 — 3,301 — 300 — 376 50 — — 200 61+5 F. R. notes outstanding 23,811,697 1502,1+36 5,,263,511 1571,601+ 2069,872 1586,1+97 11+22,166 1+310,21*6 1013,882 516,077 879,21+0 609,518 3066,61+8 Collateral for F.R. notes held by F#R. Agents: Gold certificates 11,056,000 620,000 3,320,000 528,000 625,000 525,000 630,000 231+5,000 300,000 195,000 280,000 161+, 000. 152l+,000 Eligible paper 1+9,951+ 3,200 . 36,1+29 2,950 — 2,315 — — 2,530 — 2,500 -- , 50 U.S* Govt, s ecuri ties 13,131,753 900,000 2,000,000 1050,000 11+50,000 1075,000 800,000 2000,000 321,753 325,000 650,000 ù6o,ooo 1600,000 MATURITY DISTRIBUTION Of’ LOANS AND SECURITIES Within 16 to 31 to 61 to 9I daysi to 6 months 1 to 2 2 to 5 Over Total 15 days 30 days 601 days 90 days 6 months to 1. ysar years years 5 years Discounts and advances 72,879 52,090 ll+,270 1,000 5,519 — -- — -- — Industrial loans 3,251+ 2,123 3 30 8 i+07 156 107 120 — ü. S. Gove rnment securities 21, 5I+I+,1+1+6 2,988,007 2,81+1,099 l+,9lli,761 1+,, 621+, 566 616,850 1+,03C>,371 273,800 ' 507,652 71+7',31+0 l/ After deducting $71+2,610,000 participations; of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F* It. 283a Released for publication Friday morning, July 13,l9k5, earlier. STATEMENT OF CONDITION. OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since July 11, July 3» July 12, 19U5 191*5 191*1* A S S E T S Gold certificates 17,.363,915 + 19,700 -1,161*,210 Redemption fund for F. R. notes 689,213 - 21,089 + 268,680 Total gold certificate reserves 18,053,128 - 1,389 - 895,530 Other cash 202,18k + ¿4-73 - ?3*S39 Discounts and advances 72,879 + 33,995 + 27,75k Industrial loans 3,25k ♦ 51 7,922 II. S. Govt, securities: Bills 12,69k,8k3 -200,891* +3,902,1*83 Certificates 6,052,011 — +2,670,021 Notes 1,68k,9 50 ‘+ 502,1*15 Bonds 1,112,61*2 mm - 31*6, I*5k Total 0. S, Government securities 21,5!*!*, 1*1*6 -200,891* +6,?28,k65 Total loans and securities 21,620,579 -166,81*8 +6,7k8,297 Due from foreign banks 110 - - 26 F. R. notes of other banks . 93,069 + 9,583 + 1.969. Uncollected items 1,821,1*83 -106,607 + 11,170 Bank premises 3k, 057 + 2 61*8 Other assets 57,21*1 + 71*2 5,8k2 TOTAL ASSETS 1*1/881,851 -26k,Okk +5,785,551 L I A B I L I T I E S Federal Reserve notes 23,151,382 + 50,009 +k, 192,633 4 Deposits : Member bank-reserve account li*,570,i*06 -151,877 +1,721,099 U, S. Treasurer-general account 585,128 - 82,360 + 68,367 Foreign 1,21*3,385 + 36,086 - 21*1*, 308 Other 373,605 - 66,5k5 - • 1,525 Total deposits 16,772,521* -26k, 096 - +I,5k3,,633 Deferred availability items 1, 1i13,929 -■53,071 - 33,219 Other liabilities including accrued dividends 8,527 + • 815 ■ + i,ol*3 TOTAL LIABILITIES 1*1,31*6,362 -266,31*3 +5,70k,090 C A P I T A L A C C O U N T S Capital paid in 170,1*85 + ■ 1*32 ■ •+ 11,563 Surplus (Section 7) 228,153 — + ■ ko,056 Surplus (Section 13b) 27,165 — + .200 Other capital accounts 109,686 + 1,867 + 29,61*2 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 1*1,881,851 -26k,Okk ■ +5,785,551 Ratio of total certificate reserves , to deposit and F. R. note ' liabilities combined 1*5.2fo + .2% - 10.27» Commitments to make industrial loans 5,097 55* + . 1,182 ♦Revised* Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Forni K. R. 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JULY 11, lyb5 (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 , 363,915 753,213 5 ,3 l2 ,k 9 k 78 7,757 10 9 5,59i 778,262 926,651 3 k 65,636 516,630 291,332 528,812 Redemption fund for F# R# notes Total gold certificate reserves Other cash Discounts and advances Industrial loans U# S# Govt-, securities: Bills Certificates Notes Bonds Total U* S. Government securities Total loans and securities Sue from foreign banks F#R* notes of other bank;s Uncollected items Bank premises Other assets hT\ O 00 CO 2k6k,397 689,213 k5,928 110,966 52,859 72,762 55,281 1*0,627 lol+,l *70 38,660 1 6 ,5k3 31,8 55 2 k ,738 9k,k7k 8 0,616 67,876 18 ,0 53,128 7 9 9 ,lk l 5,k23,k6o k 1168,355 8 3 3,5k3 967,273 3570,106 555,290 307,925 560,667 k :2558,871 32 1*69 202,18k 18,01*2 , 17,718 20,937 11,712 17,31*2 2 k ,375 3,81*3 k,236 11,569 8 ,951 25,k90 72,879 3,200 36,k29 2,950 12,500 2 ,3 15 2,700 7,650 2,530 — 2,500 75 30 3,25k 128 7 2,369 - - 85 ---- 275 - - — 15 —- 375 12 , 69 !*, 81*3 81*1,1*95 3,0 27,8 75 883,692 1306 , 20 !* 858 ,3k9 635,299 176k ,171 570,081 3k2,865 626,11*5 1*61*, 263 137 k,kok 6 , 052,011 k25,l92 1,50 3 ,519 k57,713 577,kk3 380,218 323,795 787,376 305,885 161,029 279,391 260,369 590,081 1,6 8 k ,950 118,378 k ie ,5 9 5 12 7,k33 160,768 105,357 90,11*3 219 , 211 * 85 , 162 . kk,833 77,78 6 72,k90 16 k ,286 1,112,61*2 78 ,170 276 , 1 * 16 - 8 k,lk9 106,162 69,902 59,528- lkk,756 • 56,236 29,605 51,365 1*7,363 10 3,k85 2i,5l4*,kk6 lk63,235 5,226,1*05 1552,937 2150,577 lk I k ,326 1108,770 2915,517 1017 , 36 k 578,332 10 3k,687 8kk,990.:2237,256 21,620 ,579 11 * 66,563 5,262,01*1 1553,306 2163,077 11*16,726 1111 , 1*70 ; 2923 , 1 * 1*2 1019 , 89 !* 578,332 1037,202 0k5,0 6 5-2237,661 110 7 1 / ko 10 10 5 k' ’ lk' •3 3 3 3 8 93,069 6,560 17,997 k,873 k ,1 5 l 5,623 8 ,19 5 9»7kk 6 ,665 2,570 5,766 3,k08 17 ,5 17 1,821,1*83 130,655 3 6 k ,121 105 , 92 k 161,55k 136,077 109,701 307,861* 30,927 k k ,o i9 9 7,192 7 k ,718 203,723 ,=057 1,900 3k 1*582 . , 8,78k- 3,385 k,-0a5 2,318 1*590 3, lk l 2,088- 1,239 -£■,626 ■859 5 7,§k l It, 180 1 3 ,H 7 1*, 192 5,387 3,792 3 , 190 - 8,028- 3,07k •■ 1,567 2,679 2,276 5 ,751 :?OTAL ASSETS 1*1,831,851'21*26^1 il, 122,-829-2535ioel* 3527,516 21*10,296 2219,270-601*6,Til* 1676,70!* 9*5, :91‘ 1717,70k 11*03,156 5055,926 l/ After deducting $70,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis