H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 283 STATEMENT FOR THE PRESS i • Released for publication Board of Governors Friday morning, Aug, 10; of the Federal Reserve System not earlier. Aug. 9* 19^5 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended August 8, member bank reserve balanoes decreased $28,000,000. Reductions in member bank réserves resulted from increases of $139*000,000 in money in circulation, $59^000,000 in nonmember deposits and other Federal Reserve accounts and $9,000,000 ih Tr-easury cash, offset in part by a de­ crease of $1^0,000,000 in Treasury deposits with Federal Reserve Banks and an in­ crease of $^2,000,000 in Reserve Bank crodit. Excess reserves of member banks on August 8 we re estimated to be approxiiaately $1,140,000,000. Holdings of loans, discounts and advs.nces decreased .$47,-000,000, while hold­ ings of United States Government securities increased $33.000,000, reflecting a like increase in b ills. Changes in member bank reserve balances and related items during the week and the yojar ended August 8, 1945* were as follows: Increase or decrease since Aug. 8, Aug. 1, Aug. 9, 19^5 19U5 19^4 (In m illions'of dollars) U, S* Government securities 21,910 + 33 +6,688 Loans, discounts and advances 356 4.7 + 284 Other Reserve Bank credit 339 + 55 + ; 30 Total Reserve Bank credit 22,606 + 42 +7,002 Gold stock 20,151 1 - 845 Treasury currency 4,197 1 :+ 89 Member bank reserve balances 1M33 - 28 +2,023 139 Money in circulation 27,26? + *4,359 Treasury cash 2,269 + 9 - 71 Treasury deposits with F. R.Banks 538 - 140 + 51 Ilonmember deposits and other F. R* accounts 2,045 + 59 - 116 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON AUGUST 8, 19^5 (In thousands of dollars) ‘L I A B I L I T I E S Total Boston New York Phila. Cl eve • Ri ch « Atlanta Chicago St.Loui s Minn. Kans .Cy ; Dallas SanPran. Federal Reserve notes 23 ¿ 73,107 1408,704 5,107,019 1552,395 2052,022 1582,654 1403,650 4296,424 990,050 516,321 878,656 595,932 2970,630 Deposits: Member bank-reserve acct. 14,832,050 675,331 4,701,747 733,118 1143,801 649,230 675,887 2193,719 558,225 335,972 725,220 692,115 1750,235 Treasurer-genefal acct* 537 ,715 61,200 132 ,561 60,367 69,020 17,097 16,540 70,638 20,200 50,342 16,118 19,249 24,585 Foreign 1,148,28? 73,060 1/456,595 95,334 94,251 45,500 37,917 140,834 32 ,500 24,917 52,500 52,500 82,579 Other 439,232 4,942 347,281 2,935 9,617 4,978 3,572 5,699 13,043 2,519 2,124 362 ' 41,710 Total deposits 16,957,934 814,533 5,638,184 891,754 1316,689 716,805 733,916 2410,890 623,963 391,750 775 ,962 744,726 1398,757 Deferred availability items 19$l±3 »3U9 110,305 241,889 76,589 133,751 107,073 80,680 205,414 60,715 31,052 78,505 52,516 165,262 Other liabilities including accrued dividends 9,112 1,015 1,936 654 ■971 512 399 1,197 365 466 450 318 849 TOTAL LIABILITIES 41,783,502 2394,557 11,049,028 2521,392 3503,433 2407,044 2218,645 6913,925 1675,696 939,589 1733,353 1391,342 5035,498 Capital paid in 171,452 10,373 60,856 12,912 17,290 6,897 6,180 20,458 5,510 3,717 5,654 5,788 15,837 Surplus (section 7) 228,153 15,239 84,903 19,372 19,071 7,813 7,936 33,201 7,048 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 1,157 1,507 2,142 Other capital accounts 115,984 7,033 25,174 8,287 12,953 7,451 6,410 16,761 5,812 4,574 5,616 4,870 11,043 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 42,326,256 2430,032 11,227,104 2566,931 3553,754 2432,495 2239,933 6985,774 1094,593 953,905 1751,956 1409,552 5080,4l 9 Commitments to make industrial loans 5,152 225 — 3,430 20 300 — 376 ---- — — 193 603 F. R. notes outstanding 24,073,111 1496,505 5,303,379 1592,035 2088,554 1614,111 1447,754 4363,781 1027,211 525,515 897,959 625,950 3092,579 Collateral for F. R. notes held by F* R. Agents; Gold certificates 11,304,000 620,000 3,520,000 493,000 64o,000 525,000 650,000 2365,000 300,000 175,000 280,000 164,000 1574,000 Eligible paper 241,759 15,775 174,625 10,620 — 9,777 ---- — 9,650 4,700 11,650 ---- 4,962 U* S. Govt, securities 13,088,117 900,000 1,800,000 1100,000 1450,000 1100,000 800,000 2000,000 843 ,H7 360,900.• 650,000 1+85 #000 1600,000 MATURITY DISTRIBUTION OF* LOANS AND SECURITIES .Within l6 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.. i. year years 5 years Discounts and advances ---- ---- ---- 353,164 312,939 15,025 8,825 16,375 Industrial loans 3,154 2,,010 --- 57 5 8OO 56 IO6 120 ---- Acceptances purchased 163 163 --- ---- ---- — - ---- ---- U. S• Govt, securities 21,909,675 2,990,477 3.000,525 4,992,386 3,963,334 1,666,450 3,767,711 273,800 507,652 747,340 l/ After deducting $691,170,000 participations of other Federal Reserve Banks, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. E* 23Ja Released for publication Friday morning, August 10,1945» not earlier* STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of'dollars) Increase or decrease since Aug, 8,. Aug. 1, Aug. 9, 19U5 1945 I9kh A S S El'S Gold certificates 17,311,110 - 9,500- -1,106,255 Redemption fund for F, R. notes 667,302 + 7,847 + 251,054 Total ¡^old certificate reserves 17,978,912 - 1,-653. - 855,201 Other cash 212,503 * 17,084 - 60,828 Discounts and advances 353,164 - 46,036 + 291,519 Industrial loans 3,154 ,+ 65 7,620 Acceptances purchased 163, 312 + 163 U. S. Govt, securities: Bills 12,978,572 + 32,881. +3,579,347 Certificates 6,120,511 — +2,738,521 Notes 1,697,950 -- + 583 , 679 Bonds 1,-112,642 — - 214,184 Total U. S. Government securities 21,909,675 + 32,881 +6,687,363 Total loans and securities . 22,266,156- - 15,14.02 +6,971,425 Due from foreign banks 110 26 F, R. not^s of other banks 91,299 147 + 13,049 Uncollected items 1,682,707 - 86,503 + 139,660 Bank premises 33,96^ 652 Other assets 60,6o4 777* 3,400 TOTAL ASSETS 42,326,256 -119,566* +6,204,027 L I A B I L-1 T I E S Federal Reserve notes 23,473,107 +132,453 +4,141,329 Deposits t Member bank-reserve account 14,832,650 - 27,92.6 +2,023,049 U. S. Treasurer-general account 537,715 " -140,009 ■ + 50,219 Foreign 1,148,287 + 44,291' ' - 298,046 Other 439,282 + 10,866 + 95,533 Total deposits 16,957,934 -112,778 +1,870,755 Deferred availability items' 1,343,349 ' -141,858 + 109,595 Other liabilities including accrued dividends 9,112 + 811* 807 TOTAL LIABILITIES 41,793,502 -121-, 372* . ■+6,120,872 C A P I T A L A C C OU N T ' S ' Capital paid in 171,452 + 360 . + 12,100 Surplus (Section 7) 228,153 + 40,056 Surplus (Section 13b) 27,165 '+ 200 Other capital accounts 115,9814 • + 1,446* + 30,799 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 42,326,256 -119,566* .+6,204,027 Ratio of gold certificate reserves to deposit and F,R, note 44.5f° '- 10.2$ liabilities combined ■ Commitments to make industrial loans 5,152 17 + 1,112 *August 1 figures revised. 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 AUGUST 8, 1945 (In thousands of dollars)* a S S E T S Total Boston Now York Phila. Clevo. Rich. Atlanta Chicago St,Louis Kinn. K&ns.Cy. Dallas San Fran. Gold certificsatss 17*311,110 753,099 5,329,020 786,168 1110,957 7 65,600 935,564 3382,539 529,313 299*781 546,428 437,178 2434,963 Redemption fund for ' R* note« 667,802 45,573 94,656 55,413 72,897 57,298 40,142 101,007 38,512 17,778 33,714 24,646 36,I66 Total gold certificate. reserves 17,978,912 798,672 5,423,676 841,581 1183,854 822,898 975,706 3483,546 568,325 317,559, 580,142 '461,824 2521,129 Other cash 212,503 16,017 57,430 15,130 19,583 10,008 15,057 23,416 3,838 4,221' 11,171 8,862 22,720 Discounts and advances 353,164 15,775 174,625 10,620 9,080 9,777 5,850 96,400 9,650 4,700 11,650 75 4,962 Industrial loans 3,154 126 — 2,230 50 83 — 3OO — — 15 — 350 Acceptances purchased 163 — 163 — — ------ — — -- — — U. S. Govt* securities: Bills 12,978,572 838,135 2,989,113 907,904 1,322,192 883,0691 643,182 1912,335 571,089 342,692 633,950 487,395 1447,516 Certificates 6,120,511 430,134 1,520,150 462,983 584,304 384,535 327,334 796,038 309,154 162,971 282,702 263,294 596,912 Notes 1,697,950 119,327 421,720 128,440 162,096 106,677 90,810 220,835 85,767 45,211 73,427 73,044 I65,596 Bonds 1,112,642 78,193 276,347 84,165 106,219 69,904 59,506 144,710 56,202 29,626 51,392 47,865 108,513 Total U. S. Government . securities 21,909,675 1465,789 5,207,330 1583,492 2174,311 1444,185 1120,832 3073,918 1022,212 580,500 io46,47i- 871,598 2318,537 Total loans and securities 22,266,156 1481,690 5,382,118 1596,342 2183,941 1454,045 1126,682 3170,618 1031,862 585,200 1058,136 871,673 2323,349 Due from foreign banks 110 7 1/ 4o 10 . 10 5’ 4 14’ 3 3 3 3 3 F.R. notes of other banks 91,299 4,385 17,741 5,910 4,338 7,750 6,704 8,978 6, C-09 2,550 4,655. .2,706 19,493 Uncollected items 1,682,707 123,495 323,804 .100,037 152,139 131,-087 110,745 287,626 74,029 41,543 92,458 60,830 184,914 Bartk premises 33,965 1,577 8,766 • 3,373 4,036 2,808 1,586 3,134 2,031 .1,237 2,620. 853 1,894 Other assets 6o,6o4 4,239 13,479 4,548 5,353 3,894 3,449 8,442 3,366 1,590 2,751 2,531 6,412 TOTAL ASSETS 1*2,326,256 21*30,082 11,227,104 2566,931 3553,754 2432,495 2239,933 6985,774 1694,593 953,903 1751,936 1409,332 5080,419 l/ After deducting $70-,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis