H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 283 STATEMENT FOR THE PRESS Released for publication Board of Governors Saturday morning, Aug. 18; of the Federal Reserve System not earlier. Aug. 17, 194-5 COUljlTION OF THE FEDERAL RESERVE BANKS ' During £he- week ended.August 15 member bank reserve balances increased $171,000,000. Additions to member bahk reserves arose from increases of $176,000,000 in Reserve Bank credit and $3,000,000 in Treasury currency and de­ creases of $140,000,000 in Treasury deposits with Federal Reserve Banks and $11,000,000 in Treasury cash, offset -in part by a decrease of $21,000,000 in gold stock and increases of $8^,000,0G0 ih money in circulation and $56,000,000 in nonmember deposits and other Federal Reserve accounts. ■ Excess reserves of member banks on August 15 were estimated to be approximately $1,200,000,00p. , Holdings of loans, discounts and advances and of 'United States Government securities each docreasod $41/090,00(3, the latter decrease reflecting a like decrease in bills. Changes in membet- bank reserve balances and related items during the week and .the .year elided August, 15, 1945, were as follows« Increase or decrease since Aug. 15, Aug. 8, Aug. 16, 1945 1945 1944 (In millions of dollars) U. S. Government securities 21,869 - 41 + 6,638 Loans, discounts and advances 315 - 41 252 Other Re serve .Bank or edit 593 + 259 4* 211 »• Total Reserve Bank credit 20,782 + 176 + 7,100 Gold stock 20,130 - 21 - 368 Treasury currency 4,200 + 3 + 91 Member bank reserve balances 15,004 + 171 + 2,069 Money in circulation 27,351 + 82 + 4,331 Treasury cash 2,258 - 11 - 37 Treasury deposits with F# R, Banks 398 - 140 + 81 Nonmember deposits and other F. R* accounts 2,101 + 56 - 71 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- 15, 19k5 (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 23,555,115 11+63,01+1 5,182,506 1556,523 2061,198 1596,525 11+06,21+6 1+315,837 99l+,655 518,51+7 881,1+81+ 595,515 2985,01+0 Depositst Member bank-reserve acct« 15,003,785 685,51+7 i+, 715,623 752,519 ni+7,516 663,871 703,837 2211,010 564,850 31+5,918 71+9,1+37 705,01+9 1760,806 U*S*Treasurer-general acc t. 598,195 59,689 .126,1+2 9 25,073 1+2,159 25 ,731+ 17,1+52 22,322 6,858 20,756 8,1+55 li+,100 1+9,190 Foreign 1,091,551 71,569 1/1+19,912 92,1+75 91,1+21+ U+,136 36,780 136,610 31,525 2l*,170 51,525 51,525 79,380 Other 551,61+5 l+,582 5h5,255, 2,791 8,1+01+ 1+.538 17,680 62,855 1+0,202 12,111+ 7,199 1,025 l+l+,99l+ Total deposits 17 ,Ol+5,l5l+ 801,187 5,607,219 872,858 1289,503 738,279 775,755 21+32,797 61+3,1+35 1+00,958 796,591+ 751,699 193l+,870 s 1,1+95,51+6 118,862 276,521+ 79,736 151,71+6 123,798 98,1+87 21+7,565 91,602 25,786 ‘ 87,588 65,51+5 130,509 s accrued dividends 9,557 822 2,11+9 715 1,030 529 1+35 1,236 376 1+16 w+ 553 81+9 TOTaL LIABILITIES 1+2,105,152 2385,912 11,068,598 2509,850 3505,1+77 21+59,131 2280,923 6995,1+33 1730,066 91+5 ,707 1766,110 na 0,897 5051,268 Capital paid in 171,509 10,571+ 60 ,.857 12,925 17,510 6,900 6,180 20,1+66 5,510 5,721 5,655 5,789 15,81+2 Surplus (Section 7) 228,153 15,259 81+,903 19,872. 19,071 7,813 7,936 35,201 7,01+8 i+,950 6,196 6,025 15 ,899 Surplus (Section 13h) 27,165 2,880 7,11+3 l+,l+68 1,007 3,290 762 1,1+29 527 1,075 1,157 1,507 2,11+2 Other capital accounts 117,576 7,157 25,509 8,590 15,091 7,596 6,1+75 17,056 5,821+ i+,6ll 5,688 4,951 11,228 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 1+2,61+9,555 21+19,562 11,21+6,810 2555 U+85 5555,956 2l+81+,730 2302,276 7067,585 171+8,975 960 ,062 1781+, 766 11(28 ,969 5096,379 Commitments to make industrial loans 5,159 225 5,1+38 20 500 576 --r .... 195 607 F. R. notes outstanding 2l+,157,41+2 II+9I+J4I+7 5,316,779 1602,1+57 2102,511+ 1620 ,81+2 li+52,83 9 1+575,821 1039,201+ 525,787 900,1+79 625,595 3100,878 Collateral for F. R. notes held fry F* R. Agentst Gold certificates 11,356,000 620,000 .3,520,000 500,000 655,000 525,000 660,000 2365,000 300,000 173,000 280,000 l6i+,000 157i+,000 Eligible paper 212,1+5h 6,725. 157,075 3,195 — 16,527 ...................... 8,650 950 10,650 8,682 U. S. Govt, securities 13.127,631 .900,000 .1,800,000 1100,000 11+50,000 1100,000 800,000 2050,000 8.32 ,651 360,000 .650,000 1+85,000 1600,000 MATURITY DISTRIBUTION OF LOANS'iJJD SECURITIES Within 6l to 31 to 6l .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 ye arg years 5 years Discounts and advances 312,251+ 271,081+ 19,075 7,200 ^,875 Industrial loans 5,151 2,000 1+5 5 799 56 ■ 106 120 Acceptances purchased 1+6 U6 S. Govt, securities 21,868,558 2,890,292 3,01+1,007 1+,955,117 1+-,019,169 1,666,1+50 3,767,711 '273,800 507,652 71+7,3^0 l/ After deducting $670,1+1+2,000 participations of other Federal Reserve Banks, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

form F, R. 283a Released for publication Saturday morning, August 18,1945» n°t earlier», STATEMENT OF CONDITION OF THE THBLVB FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Aug,' 15, Aug. 8, Aug. 16, .1945 1945 1944 A S S E T S Gold certificates 17,292,315 - 18,795 -1,123,050 Redemption fund for F,R,notes 676,601 + 8,799 + 259,565 Total gold certificate reserves 17,968,916 - 9,996 - 863,485. Other cash 215-, 2*19* + 2,716“ 54,799 Discounts and advancc.s 312,234 - 40,930 + 258,395 Industrial loans 3,131 23 7,199. Acceptances purchased 46 *» 117 " + 46 U. S. Govt* securities» Bills 12,957/435 41,137 +3,491,577 Certificates 6,l2o,5H -- +2,738,521 Notes 1,697,950 -- + 588,779 Bonds 1,112,642 -- - 101,784 Total U. S. Government . * securities 21,868,538 - 41,137 +6,637,093 Total loons and securities 22,183,949 - 82,207 +6,888,835 Due from foreign banks 110 26 F. R. notes of other bhjiks’ 91,473 + 174 + 11,612 Uncollected items 2,093,564 +410,857 + 241,699 Bank premises 53,965 — 652 Other assets 62,359 + . 1,755 3,091 TOTAL ASSETS 42,649,555 +323,299 +6,220,102 L I A B I L I T I E S Federal Reserve notes ■23,555,115 + *82,008 +4,114,850 Deposits: Membor bank-reserve account 15,003,783 +171,133 +2,069,041 U.S. Treasurer-general account 598,195 -139,520 + 81,212 Foreign 1,091,551 “ 56,756 -• 348,787 Other 551,645 +112,363 + 188,017 Total deposits 17,045.154 + 87,220 +1,989*483 Deferred availability items 1,495,546 +152,197 + 30,541 Other liabilities includingvaccru§d dividends 9,537 + 225 + 1,629 TOTAL LIABILITIES 42,305,152 +321,650 +6,136,303 C A P I T A L A C C O U N T S V Capital paid in '171,509 + 57 + 12,082 Surplus (Section 7) 228,153 + 40,056 Surplus (Section 15b) 27,165 + 200 Other capital accounts . 117,576 • + 1,592 + • 31,461 TGTaL LIABILITIES AND CaPITaL ACCOUNTS 42,649,555 +523,299 +6,220,102 Ratio of gold certificate reserves to deposit and F.R.note liabilities combined . 44. - .2% - 10.3% Commitments to make industrial loans 5,159 + 7 + 1,199 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283b STATEMENT OP CONDITION OF THE FEDERAL RESERVE BANKS OK AUGUST 15,. I9U5 (In thousands of dollars) A S S E T S Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans. Gy. Dallas SanFran. Gold certificates 17,292,315 728,390 5,284,479 781,629 }.064,450 794,217 965,775 3324,888 535,836 ;294,885 577,948 451,965 2487,853 Redemption fund for F. R. notes 676,601 45,574 94,656 55,913 72,897 57,298 40,142 104,007 43,511 18,078 33.713 24,646 86,166 Total gold certificate reserves 17,968,916 773,964 5,379,135 837,542 1137,347 851,515 1005,917 3428,895 579.347 312,963. 611,661 476,611 2574,019 Other ca§h 215,219 15,333 54,445 14,893 18,288 12,914 17,484 23,739 8,916 4,395 11,734 8,961 24,117 Discounts, and advances 312,234 6,726 157,075 3,195 28,330 16,527 6,150 65,300 8,650 950 10,650 -- 8,682 Industrial loans 3,131 126 — 2,221 38 81 — 300 — — 15 — 350 Acceptances purohased 46 mmmm 46 — — «•> — — — — — — — U. S. Govt, securities* Bills .12,937,435 842,975 2,992,378 902,594 1322,017 8.85,288 '641,363 1917,041 561,320 342,129 623,260 479,971 1427,099 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* 220,83$ * 85,767 45,211 78,42? 73,044 165,596 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 21,868,533 1470,629 5,210,595 1578,182 2174,636 H+46,4o4 1119,013 3078,624 1012,443 579,937 1035,781 864,174 2298,120 ! Total loans and . * - * * securities 22,183,949 1477,480 5,367,716 1583,598 2203,004 1463,012 1125,163 3144,224 1021,093 580,887 1046,1+46 364,174 2307,152 Due from foreign banks 110 7 1/ 4o 10 10 5 4 14 3 3 3 3 8 F.R. notes of other banks 91,473 4,746 16,115 6,334 3,983 6,277 7,528 9,533 4,907 3,025 3,5H 2,825 22,689 Uncollected itams 2,093,564 142,063 406,551 105,053 181,263 144,106 141,085 449,660 129,173 55,910 105,943 72,790 159,967 Bank premises 33,965 1,577 8,766 ' 3,373 4/036 2,808 ' 1,586: .3,134 2,081 1,237 2,620 853 1,894 Other assets . 62,359 4,392 14,042 4,682 6,025 4,093 3,509 8,386 , 3,455 1,642 2,848 2,752 6,533 TOTAL assets, 42,61*9,555 21+19,562 11,21+6,810 2555,1+85 3553,956 21+34,730 2302,276 7067,585 1748,975 960,062 1784,766 1428,9^9 5096,379 \J After deducting $70,000 participations of other Federal Reserve Banks, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis