H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R, 2ÙJ, STATEMENT FOR. THE PRESS Released for publication Friday morning, July 20; of the Federal Reserve System not earlier, July 19, I9k5 CONDITION OF THE FEDERAL RESE'RVE BANKS During the week ended July 18, member bank reserve balances increased $90,000,000, Additions to member bank reserves arose from an increase of $lif2,000,000 in Reserve Bank-credit, and. decreases of $6?,000,000 in nonmember deposits and other Federal Reserve accounts and $31,000#000 in money in circulation, offset in part by increases of $105#00.0,000 in Treasury deposits with Federal Reserve Bunks and $14+»000,000 in Treasury cash. Excess reserves of member banks on July 18 were estimated to be approximately $1,230,000,000, Holdings of loans, discounts and advances increased ^53»000,000 and of United States Government securities $69,000,000. The increase? in holuings of United States Government securities reflects an increase of $80,000,000 in bills and a decrease of $11,000,000 in certificates. Changes in member bank reserve balances and related,items during the week and the year ended July 18# 19^4-5» wore as follows: Increase or decrease since July 18, July 11, July 19, • 191+5 I9b5 19bb (In millions of del I,:■ rs ) IJ. S. Government securities 21,613 + 69 +7,057 .Loans , discounts and advances 12*9. + 53 + 79 Other R'-s-jrve Bank credit h27 ; + 19 + 35 Total Reserve Bank credit 22,170 '+1/4.2 +7,171 .Gold stock . 20,213 - 1 - 33U Treasury currency k.lhk - 1 + 35 Member bank reserve balances Ik,660 + 90 +1,5*0 6 Money in circulation 26,901 - 31 *h,370 Treasury c'-sh 2,27/4 + bb t - lb Treasury deposits with F. RBanks 690 +105 ‘ + 330 Nonmcmber deposits and other F, R. accounts 2,003 - 67 - 159 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. ,-R. 233c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON JULY 18, 191+5 ( 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*175.767 11+02,1+76 5,119,261+ 1531.205 2032,251+ 1555.810 1372,055 1+21+5,672 977,698 507,920 859,752 581+,020 2927,655 Deposits: Member bank-reserve acct. 11+,059,99s 692,505 1+,652,788 731,185 1151,566 631,171+ 651+,082 211+3,555 514+.ll+3 350,21+9 701+.996 665,71+7 1753,050 U.S.Treasurer-general acct. 689,720 50,153 220,839 37,319 67,591 33,965 22 ,?61j 101,153 27.01+3 51.551+ '28,172 2l+,519 1+4,81+8 Foreign l, 19l+,0k8 77,132 1/1+66,026 100,300 99,160 ¿+7,871 59,892 ll+8,l?i 3!+,193 26,215 :3b, 195 5l+,193 36,702 Other 358 ,¿4-57 7,071 267,1+07 2,797 9,120 5,688 2,527 ¿+,530 13 .¿+61 2,211+ 2,085 1,535 1+0,021+ Total deposits 16,902,223 826,861 5,607,060 871,601 1327,1+37 718,698 719,265 2397,387 618,81+0 590,052 769,144+ 725,991+ 1929,601+ Deferred availability items 1,593*702 128,051+ 322,169 90,316 172,01+2 110,751 99 ,¿+1+1+ 227,965 80,31+2 55,109 88,252 65,669 173,639 Other liabilities including accrued dividends 8,333 726 1,771 556 876 ¿+63 61+3 1,152 ¿+25 551 568 327 695 TOTAL LIABILITIES ¿¿,680,105 21*13.117 11,050,26k 21+93,678 3532,609 2385,722 2191,1+07 6872,176 1677,305 9554+00 1717,776 1576,010 5051,61+1 Capital paid in 170,923 10,362 60,563 12,81+6 17,21+1 6,873 6,175 20,1+1+7 5 ,¿+-33 3,707 5,625 5,776 15,822 Surplus (Section 7) 228,153 :•15,239 81+,903 19,872 19,071 7,813 7,936 33,201 7,01+8 l+,950 6,196 6,025 15,899 Surplus (Section IJb) 27,165 2,880 7,11+3 ¿+,1+68 1,007 3,290 762 1,1+29 527 1,073 1,157 1,307 2 ,llo2 Other capital accounts 111 ,036 6,651+ 2l+,082 7.911 12,1+57 7,120 6,165 16,01+7 5,509 1+44-55 5,550 l+,697 10,609 TOTAL LIABILITIES AND CAPITAL ACCOUNTS ¿+2,217,382 21+53.252 11,226,955 2538,775 3582,385 21+10,818 2212,1+1+5 691+3,300 1695,877 91+7,565 1756,082 1395,815 5076,113 Commitments to make industrial loans 5,01+0 225 3.21+6 — 3OO 376 50 — ---- 200 61+3 F. R. notes outstanding 23,81+2,51+2 11+96,707 5,265,685 1579,775 2076,685 1592,950 11+20,51+0 ¿+316,361+ 1015,91+3 517,795 881,285 610,539 3068,276 Collateral for F.R. notes held by F.R. Agents: Gold certificates ll, 10l+,000 620 <000 3320,000 1+93,000 630,000 525,000 630.,000 21*1+5,000 300,000 175,000 280,000 l61+,000 152!+,000 Eligible paper 102,725 12,750 • 69,629 6,1+00 ---- 5,116 — 3,630 700 6,500 ---- ___ U.S#Govt. securities 13,131+,1+51 900,000 2,000,000 1100,000 11+50,000 1100,000 800,000 1900,000 821+ ,1+51 550,000 650,000 i+60,000 1600,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES Within 16 to 31 to 6l to 9I 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 126,050 « 116,681 2,300 1,791+ 5,275 ... ---- ... . . . •— Industrial loans 3,325 2,176 23 7 8 527 357 107 120 —- 0. S. Gove raiment securities 21,613,1+01+ 3,788,151 2,110,619 ¿+,990,657 1+,558,961+ 605,850 [+,030,571 275,800 507,652 7I+7,3l+o 1.J After deducting $727,176,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Fdrm F. R. 2B3& Released for publication Friday, morning, July 20,19I+5» not earlier« STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESEkVE BANKS COMBINED (In thousands of dollars) Increase or decrease since .July 18» ■July 11, July I9, I9h5 191+5 1941+ A S S E T S Gold certificates 17,366,610 +■• 2,695 -1-,086,515 Redemption fund for F, R. notes 684,758 r 4,455 + 260,81+3 Total gold certificate reserves 18,051,368 - 1,760 - 825,672 Other cash ■206,216 + 4,032 - 8o,!+4o Discounts and advances 126,050 + 53.171 + 87,120 Industrial loans 3,325 + 71 7,620 U. S, Govt, securities: Bills 12,774,801 + 79,958 +4,119,686 Certificates 6,041,011 - 11,000 +2,659,021 Notes 1,681+,950 + 547,079 Bonds 1,112,6)42 - 268,754 Total U, S. Government securities 21,613,^01+ + 68,958 +7,057,032 Total loans and securities 21,71+2,77 9 +122,200 +7,136,532 Due from foreign banks 110 26 F, R. notes of other banks 100,789 + 7,720 + 6,820 Uncollected items 2,020,743 +199,260 + 155,896 3ank premises 34,057 647 Other assets 61,320 + 4,079 2,118 TOTAL ASSETS 1+2,217,382 +335,531 +6,390,345 L I A B I L I T I E S Federal Reserve notes 23»175#767 +'24,385 +4,194,883 Deposits j Mombor bank-reserve account ll+,659,998 + 89,592 +1,905,949 U.S. Treasurer-general account 689,720 +104,592 + 329,980 Foreign 1*194,049 - .49,337 267.,860 Other 358,457 - 15,148 + 22,701 Total deposits 16,902,223 +129,699 +1,990,770 Deferred availability items 1,593,782 +179,853 + 121,194 Other 15 Uoilitios including accrued dividends 8,333 194 + 1,547 TOTAL LIABILITIES 41,6b0,105 +333,743 +6,308,394 C A P 1 T a L A C C O U N T S Capital puid in 170,923 + 438 + 11,813 Surplus (Jiction 7) 228,153 + 4o,056 Surpll i ^'jction 13b) 27,165 + 20Q Othur ccpital accounts 111 *°36. , +.1,350 + 29,882 TOTAL LIABILITIES AIjD CAPITAL ACCOUNTS 42,217,382 +335,531 +6,390,345 Ratio of .gold certificate reserves to deposit and F. R, note liabilities combined 45.05? - ,2% io.i% CQimnitmcnts to make industrial loans 5.o4o 57 + 939 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 JULY 10, l$h5 (In thousands of dollars) A S S E T S Total Boston Nev.- York Phila. Cle v-e. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas, i3 an Fran* Cold certificates 17,366,610 770,1+52 5,279,317 791+,952 1097,059 768,1+30 915,106 31+95,952 521,581+ 292,746 540,614 428,172 2462,226 Redemption fund for Fm R. notes 681+,758 1+5,81+5 110,600 55,220 72,651 56,686 1+0,523 96,3l4l+ 33,621+ 17,329 31,829 24,754 94,353 Total gold certificate reserves 18,051,368 816,297 5,339,917 850,172 1169,710 325,116 955,629 3592,296 560,208 310,075 572,1*43 452,926 2556,579 Other cash 206,216 19,271+ 33,310 17,391 20,1+71+ 12,379 18,695 25,769 8,978 4,374 11 ,849 9,244 24,479 Discounts and advances 126,050 12,750 69,629 6,1+00 1,000 3,116 700 21,550 3,630 700 6,500 75 — Industrial loans 3,325 128 ----- 2 ,1+22 ----- 85 — 300 ----- — 15 ----- 375 U. S. Govt* securities: Bills 12,77l+,801 826,857 3,05l+,l2l+ 665,1+61+ 1311,580 867,608 633,61+9 1303,137 575,280 31+6,826 625,859 466,744 1397,643 Certificates 6,ola ,011 l|2l+,l+03 1,500,336 1+56,870 576,350 379,521+ 323,222 785,978 305,355 160,721 278,862 259,900 588,990 Notes 1,681+,950 118,373 ia8,6ll 127,1+29 160,756 105,857 90,153 219,221+ 85,169 1*4,828 77,781 72,490 164,279 Bonds 1,112,61+2 78,166 276,1+26 31+,ll+7 106,151+ 69,902 59,532 llîl+,762 56,21+1 29,602 51,362 47,868 103,480 Total U# S# Government securities 21,613^+01+ 114+7,799 5,21+9,997 1533,910 215l+,81+0 11+22,891 1106,556 2953,101 1022,01+5 581,977 1033,894 847,002 2259,392 Total loans and securities 21,7^+2,779 11+60,677 5,319,626 151+2,732 2155,81+0 11+26,092 1107,256 297l+,951 1025,675 582,677 1040,409 847,077 2259,767 Due from foreign banks 110 7 1A 0 10 10 5 ¿-J- 14 3 3 3 3 8 F.R. notes of other banks 100,789 7,iai+ 21,387 5,521 1+,1+71 6,762 7,415 10,379 6,174 3,324 5,597 3,185 19,160 Uncollected items 2,020,743 11+3,685 14+0,05 9 il!+,990- 222,01+1 133,716 118,1+65 327,754 89,1+51+ 1*4,144 100,347 77,983 208,105 Bank premises 34,057 1,582 8,781+ 3,385' l+»ol+5 2,818 1,590 3,141 2,088 1,239 2,626 859 1,900 Other assets 61,320 1+, 316 13,832 4,574 5,791+ 3,930 3,391 8,996 3,297 1,729 2,808 2,533 6,115 TOTüL ASSETS 42,217,382 21+53,252 11,226,955 2538,775 3582,385 21+10,818 2212,1+1+5 691+3,300 1695,877 91+7,565 1736,082 1393,315 5076,113 l/ After deducting $70,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis