H.4.1 Factors Affecting Reserve Balances of Depository Institutions

283 Form F. R. STATEMENT FOR THE PRESS’ Released for publication Board of Governors Friday morning, Sept, 7; of the Federal Reserve System not earlier. Sept. 6, 194-5 CONDITION OF THE.. FEDERAL RESERVE BANKS During the week ended September'5» member bank reserve balances increased "$110,J Jy, JQO. Additions ta member bank reserves arose from an increase of ^¡>129,000,000 in Reserve Bank credit and decreases of $93*000,000 in Treasury jdeposits with Federal Reserve Banks and $43,000,000 in nonmember deposits and other Federal Reserve accounts, offset in part by increases of $150,00 ),J00 in money in circulation .and $7,00G,u00 in-Treasury cash. Excess reserves of member banks oh September 5 were estimated to be approximately $980,0G0,o00. Holdings of loans, discounts and advances decreased $65,000,000, while holdings of United States Government securities increased $77,000,000, The in­ crease in holdings of United States Government securities reflects increases of $184,000,00J in certificates and $61,000,000 in notes, and decreases of $137,000,000 in bonds and $30,->00,000 in bills. Changes in member bank reserve balances and related items during the week and the year ended. September 5, 1945, were as follows: Increase or decrease since Sept. 5, Aug. 29, Sept.. "6 1945 1945' 1944 (in millions of dollars) U# St Government securities 22,435 + 77 +6,405 Loans, discounts and advances 380 - 65 .4 265 Other Reserve Bank credit 377 + 117 + 13 Total Reserve Bank credit 23,192 + 129 +6,683 Gold stack 20,088 - 818 Treasury currency 4,216 + 1 +102 Member bank reserve balances 15,180 + 110 +1,959 Money in circulation 27,750 + 150 +4,31.8 Treasury cash 2,269 + 7 - ill Treasury, deposits with F. R. Banks 304 - 93 - 50 Nonmember deposits and other F. R. accounts’ 1,992 - 43 - 149 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

fora. F. R. 283c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON SEPTEMBER 5, I9U5 (In thousands of dollars) L I A B I L I T I E S Total Boston Kew York Phila. Cleve. Rich. Atlanta Chicago St.Louis : Iviinn. Kans.Cy. Dallas SanFran. Federal Reserve notes 23,939,0511473»562 5,243,347 1580,287 2084,333 1636,989 1434,293 4377,929 1007,744 530,028 897,111 609,667 3058,761 beposiijs: ¿¿eiabeif bank-reserve acct. 15,180,326 689,730 4,741,371 754,202 1163,247 707,017 675,756 22^2,303 564,056 352,572 759,956 705,562 1854,554 U.S.Treasurer-general acct. 304,350 20,61? 89,749 15,934 16,956 Q„693 3,447 ^ 71,427 18,780 5,5^6 13,629 13,212 20,360 Foreign 1455,liB 74,456 1/441,238 95,461 94,376 45,561 37,967 141,021 32,543 24,950 32,543 32,543 82,459 Other 393,715 3,772 298,931 2,741 10,121 3,230 3,631 5,738 11,114 2,008. 2,009 1,062 44,358 Total deposits 17,013,509' 78o,575 5,571,289 868,330 1284,700 770,501 725,8012430,409 626,493 335,076 808,137 7 52,379 2001,731 Deferred availability items 1309 8q8 93,995 232,066 69,235 120,834 131,694 77,473 190,335 65,367 37,859 91,303 55,693 135 gQ, Other liabilities including accrued dividends __________________................_____________729___ 979 ____557_______446____1,414_______ 381 434’ 4oi 357 1.040 TOTAL LIABILITIES 42,272,297 2357,016 11,053,919 2518,589 3490,8462 539,.741 2238,013 70087167 ic99,985 953,397' 1797,032 1418,096 5197,496 Capital paid in 171,844 10,368 60,875 12,933 17,398 6,906 6,185 20,507 5,514 3,723 5,637 5,943 15,355 Surplus (Section 7) 228,153 15,-239 84,903 19,872 19,071 7,313 7,936 33,201 7,048 4,950 6,196 6,025 15,399 Surplus (Section 13^) 27,165 2,880 7,143 4,468 1,007 3,290 762 1,429 527 1,073 1,137 1,307 2,142 Other capital accounts ____122,616 7,516 26,-708 8,762 13,638 7,867 6,740 17,682 6,136 4,759 5,924 5,096 11,738 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 42,822,075 2393,019 11,233,548 2564,624 351*1,960 2565,617 2259,636 7080,986 1719,210 967,902 1815,926 1436,467 5243,180 Commitments to make industrial loans 4,344 100 3,217 20 300 376 193 638 F. R. notes outstanding 24,543,288 1507,696 5,376,502 1625,541 2127,506 1667,037 1477,759 4446,977 1051,220 537,912 916,522 637,502 3170,714 Collateral for F.R.notes held by F*R,Agentss Gold certificates 11,451,000 620,000 3,520,000 520,000 685,000 525,000 680,000 2325,000 300,000 183,000 280,000 164,000 1649,000 Eligible paper 236,364 18,225 151,590 7,115 11,602 20,220 7,580 14,400 5,632 U.S.Govt, securities 13,313,740 900,000 1,800,000 1100,000 1450,coo 1175,000 ;‘800,000 2150,000 843,740 360,000 650,000 485,000 1600,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES VK'ithin 16 to 31 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 years years 5 years Discounts and advances 376,519 322,7^ 14,175 6,150 33,425 Industrial loans 3,006 2,092 — 4 27 625 55 105 98 U.S. Govt, securities 22,435,260 2946,638 2,854,407 4,077,168 4,398,794 2,326,071 4,303,390 273,000 507,652 747,340 l/ After deducting $692,089,000 participations of other fbderal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283a Released for publication Friday morning, Sept. 7,19^5» not earlier, STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Sept.. 5, Aug. 29, Sept. 6, 1945 I9h5 19 hh A S S E T S Gold certificates 17,237,015 - 1,500 -1,047,050 Redemption .fund for F. R. notes 601,973 - 5,H9 + 229,04.0 Total gold certificate'reserves 17,919»793 6,619 - 818,010 Other cash 208,800 - 11,493 - 52,492 Discounts and advances 376,519: - 65,720 + 271,889 Industrial loans 3,006 + 19 7,050 U. S. Govt, securities»• Bills 13,101,857 - 29,782 +2,795,892 Certificates 6,568,561 +184,050 +3,186,571 Notes 1,787,450 + 60,500 + 711,579 Bonds 977,392 -137,050. - 289,034 Total U, S, Government securities 22,435,260 +77,718 +6,405,008 Total- loans and securities 22,814,785' +.12,017 +6,669,347 Due from foreign banks 110 26 F. R. notes of other banks 95,883 - 2,691 + 22,296 Uncollected items 1,686,583 + 28,169 + 107,084 Bank.premises - 33,877 31. 651 Other assets 62,239 - 4,495 - . 3.225 TOTAL ASSETS 42,322,075 + 14,857 +5,924,323 L I A B I L I T I E S Federal Reserve notes 23,939.051 +133,868 +4,074,272 Deposits i Member bank-reserve account 15,180,326 +109,965 +1,959,184 U.S.Trestsurer-general account " 304,350 -•93,127 ’49,662 foreign 1,135,113 -32,833 - 268,970 Other 393,715 - 15,806 + 29,477 Total deposits 17.013,509 - 3-1,801 +1,670,029 Deferred availability items 1/309,398 - 38,870 + 93,823 Other liabilities including accrued dividends : 9,839 + 46 + 1,165 TOTAL LIABILITIES 42,272,297 + -13,243 • +5,839,289 C A P I T A L A C C O U N T S Capital paid in' 171,844 + 10 +: 12,304 Surplus (Section 7) 228,153 + 40,056 Surplus (Section 13b) 27,1-65 -+ - 200 Other capital accounts 122,6l6 + . 1,604 + 32,974 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 42,822,075 + 14,857 +5,924,823 Ratio of gold certificate reserves to deposit and F.R*note liabilities combined ' 43.8% - .1% - 9'b% Commitments to make industrial loans 4,844 118 + 913 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 SEPTEMBER 5, I 945 (In thousands of dollars) A S S E T S Total Boston New York Phila. Cleve, Rich. Atlanta Chicago St,Louis Hinn, Kans.Cy. Dallas San Fran, Gold certificates 17,237,815 740,819 5,242,379 805,473 1108,526 824,635 937,o4o 3289,651 525,104 309,143 553,655 451,699 2449,691 Redemption fund for F. R. notes 681,978 45,324 93,594 55,570 72,596 59,988 40,62-3 108,743 43,391 18,028 33,609 24,571 85.941 Total gold certificate reserves 17,919,793 786,143 5,335,973 361,043 1181,122 884,623 977,663 :5393,394 563,495 327,171 587,264 476,270 ;2535,632 Other cash 208,800 16,803 48,231 14,875 18,36? 12,271 16,208 22,525 9,909 5,117 11,565 9,769 23*160 Discounts and advances 376,519 18,895 155,210 7,995 38,475 12,022 4,450 89,550 20,520 7,810 14,700 500 6,392 Industrial loans 3,006 123 2,316 —• 75 — — 227 mm mm 15 —— 250 U. S. Govt, securities: Bills 13,101,857 786,390 2,988,038 859,516 1252,760 905,933 648,704 2075,901 560,946 322,942 649,529 477,576 1573.572 Certificates 6,568,561 462,265 1,629,499 497,317 628,693 412,751 350,675 853,052 330,829 175,496 304,148 2-32,461 641,375 Notes 1,797,450 125,79^ 44-3,424 135,331 1?1,082 112,318 95,427 232,134 90,025 47,755 82,764 76,864 174,532 Bonds 977,392 68,785 242,468 74,ooo 93,549 61,416 52,180 126,933 49,226 20,113 45,256 42,030 95,436 Total U. S, Government securities 22,435,260 1443,234 5,303,429 1566,164 2146,084 1492,468 1146,986 3285,020 1031,026 572,306 1081,697 878,931 i2434,915 Total loans and securities 22,814,785 1462,252 5,458,639 1576,475 2184,559 1504,565 1151,436 3377,197 1051,546 580,116 1096,412 879,431 :2491,557 Due from foreign banks 110 ? 1/ 4o 10 10 5 4 14 3 3 3 3 8 F.R.notes of other banks 1 '95,883 6,328 T6,305 6,876 4,493 5,956 8,298 9,22? 6,902 4,376 4^614 3,763 18,745 Uncollected items 1,686,588 115,464 351,706 97,388 143,279 151,682 100,890 261,618 76,599 48,205 110,571 63,629 165,557 Bank premises' 33.077 1,573 8,748 3,361 4,o2’6 ’ 2,79s 1,583 3,129 2,077 1,235 •2,614 846 1,887 Other assets 62,239 4,449 13,906 4,596 6,io4 3,717 3,554 8,282 3,679 1,679 2,083 2,756 6,634 TOTAL ASSETS 42,322,075 2393,019 11,233,548 2564,624 3541,960 2565,617 2259,636 7080,986 1719,210 967,902 1815,926 1436,46? 5243,130 l/ After deducting $70,000 participations of other Federal Reserve 'Banks,* Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis