H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. ft. 283 STATEMENT FOR IHK PRESS Released for publication Board of Governors Friday morning, Sept. l4j . of the Federal. Sesc-rve Sys not earlier, September 13, 1945 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended September 12 , member bank reserve balances increased ¿¡lit?,000,000. Additions: to; member bank reservSs'arose from' ~ increases of $485,060,000 in Reserve !Bank credit ’ and $8,000,000 in gold stock and a decrease of $2,000,000 in Treasury cash, offset in part by increases.of $294,000,000 in Treasury deposits with Federal Reserve Banks, $43»000,0Q0 in money in circulation • and $11,000-,000- 'in nonmembe-r deposits and other Federal Reserve accounts. Excess reserves of member banks on September 12 were., estimated to be approximately $950,000,000, Holdings of loans, discounts and. advances increased $80,000,000 and of United States Government securities $373*000,000. .-The increase in holdings of United States Government securities reflects increase's.of $173*000,000 in certificates, $170,000,000’in -bills and $30,600,000 in notes. Changes in member bank reserve balances and. related items during the week and the year ended September 12, 1945 > were as follows: Increase or decrease since Sept. 12, Sept. 5» Sept. 13 1945 • ; 1945 19ij4 (In millions o!f dollars) U. S; Government securities 22,808.: ' +373 +6,401 Loans, discounts and advances k6o + 30 + 3 34 Other Rgserve- Bank credit 409 + 32 + • 27 Total Reserve Bank credit 23,677 +435 +6,761 Gold stock. 20,096 + 8 - - 739 Treasury currency 4,216 + 104 Member bank reserve balances 15,3-29. +149 +1 ,803 Money in circulation 27,793 + 43 +4,293 Treasury cash 2,267 ** '¿L - 117 Treasury deposits with Fi R. Banks 598 +294 + 223 Nonmember deposits and other -F•- R., accounts 2,0.0*. + il 135 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 SEPTMBER 12, 1945 (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»984,359 1471,413 5,240,945 1584,008 2090,902 1650,415 1437,412 4383,050 1010,474 536,315 897 ,636 609,362 3072,427 Deposits: Member bank-reserve acct. 15#328#7m-0 689,919 4,829,840 764,612 1170,782 689,227 685,833 2270,259 581,702 345,197 761,594 707,019 1832,756 U..S*Treasurer-general acct. 597 ,68l 42,257 .215,167 38,819 52 ,869 22,214 16,883 72,970 30,153 25,857 19,343 17,413 43,736 Foreign 1,114,520 74,024 1/432,033 93,767 92,701 44,752 37,294 138,519 31,966 24,507 31,966 31,966 81,025 Other 423,377 3,740 326,720 5,523 11,785 8,583 3,596 5,179 9,466 1,483 2,170 1,186 43,946 Total deposits . 17,464*318 809,940 5,803,760 902,721 1328,137 764,776 743,606 2486,927 653,287 397,044 815 ,073 757,584 2001,463 Deferred availability items 1,591*5^4-0 121,416 289,642 95,035 151,243 136,738 102,506 236,508 77,393 44,962 97,880 60,968 177,649 Other liabilities including accrued dividends 10,393 786 2,469 759 1,045 600 462 1,315 404 663 470 38I 1,039 TOTAL LIABILITIES 43,051,010 2403,555 11,336,816 2582,523 3571.397 2552,529 2283,986 7107,800 1741,558 978,984 1811,059 1428,295 5252,578 Capital paid in 171,896 10,369 60,879 12,935 17 ,403 6,908 6,196 20,518 5,517 3,731 5,639 5,944 15,857 Surplus (Section 7) 228,153 15,239 84,903 19,872 19,071 7,813 7,936 33,201 7,048 4,950 6,196 6,025 15,899 Surplus (Section 13t>) 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 124,395 7,626 27,119 8,832 13,800 7,999 6,826 18,014 6,215 4,807 5,990 5,154 11,963 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 43,602,619 2439,669 11,516,860 2628,680 3622,603 2578,539 2305,706 7180,962 1760,865 993,545 1830,021 11446,725 5298,439 Commitments to make industrial loans 4,611 100 ---- 3,284 20 300 ---- 376 ---- — ---- 193 338 F. R. notes outstanding 24,651,536 1512,309 5,393,713 1634,335 2135,221 1681,407 1436,301 [(458,781 1055,354 546,951 922,498 639,325 3184,841 Collateral for F# R. notes held by F. R. Agents: Gold certificates 11,281,000 520,000 .3,520,000 530,000 690,000 525,000 690,000 2225,000 300,000 188,000 280,000 164,000 1649,000 Eligible paper 303,069 10,365 228,890 5.960 — 11,822 ---- ---- 24,400 1,100 12,100 — 8,432 U. S* Govt, securities 13,503,368 1000,000 1,800,000 1100,000 1450,000 1175,000 800,000 2250,000 833,368 360,000 650 ,000 485,000 1600,000 MATURITY DISTRIBUTION- OF LOANS AND SECURITIES 7/ithin l6 tc> 31 to 6l to 91 days to 6 months 1 to 2 2 to- 5 Over Total 15 days 30 days 6 o <lays 90 days 6 months to 1 year years years 5 years Discounts and advances 457,224 383,074 34-,3OO 6,300 XT, cto —— ---- —— Industrial loans 2,853 2,041 ■- 4 5 569 - 33 103 98 —— S. Govt', securities 22,808,159 3,026,645 2,890,235 4,205,502 4,367,824 2,394,771 4,394,390 273,800. 507,652 747,340 l/.After deducting $679,807,000 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 Friday morning, September ll+,l9l+5} not earlier, STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since ,:SQpt. 12, Sept* 5, Sept. 13, 19U5 1945 1944 A S S E T S Gold certificates 17,220,815 - 17,000 -1 ,025,050 Redemption fund for F. R, notes 700,617 + 13,639 + 230,151 Total gold certificate reserves 17,921,1+32 + 1,639 - 794,899 Other cash 213 ,1+12 + i+,612 - 50,867 Discounts and advances '1+57,221+ + 80,705 ■ + 341,329 Industrial loans ■ -2,853 153 7,067 U, S, Govt, securities} Bills 13,272,056 +170,199 +2,625,934 Certificates 6,71+1,561 +173,000 •f ^,322,571 Notes 1,317,150 + 29,700 + ?4l,27'9 Bonds 977,392 - 209,034 Total U. S. Government securities 22,8o8,159 +372,899 +6,400,750 Total loans and securities 23,268,236 +453,451 +6,735,012 Due from foreign banks 110 ...... 26 F. It, notes of other banks : 101,709 + ■ 5,826 + 21,106 Uncollected items 2,000,602 +3il+,oil+ r 1.3,960 Bank premises 33.876 1 - 652 Other assets 63,21+2 + ! 1,003 - 3,808 TOTAL ASSETS 1+3,602,619 +780,544 „+5,891,906. L I A B I L I T I E S Federal Reserve notes 23.981+,359 + 45,303 +l+,ol+i,63r Depositsi Member bank-reserve .account 15,323,71+0 ■+i48,4i4 '+1 ,802,653 U.S.Treauurer-gener&l account '597,631 +293,331 227,817 Foreign 1 ,nl+,520 ■ .- 20,593 291,739 Other 1+23,377 + 29,662 + 61+ >1+37 Total deposits 17,1+64-, 313 '+450,809 + 1,303 f163 Deferred availability items 1,591,940 +282,042 - 40,436 Other liabilities including accrued dividends .10,393 + , 554 4* . .1,260. TOTAL LIABILITIES 1+3,051,010 +778,713 +5,80.5,673 C A P I T A L A C C O U N T S Capital paid in 171,396 + 52 12,21+7 Surplus (¡section 7) 228,153■ + l+o ,056 Surplus (Section 13b) 27,165 + ’ 200 Other capital accounts 124,395 + 1,779 33,730 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 1+3,602,619 +780,541+ +5,391,906 Ratio of gold certificate reserves to deposit and F.R, no'te liabilities combined 43 ¿2% - M - 9 M Commitments to make industrial loans 4,611 -233 +56 9 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283b STATEMENT OF CONDITION OF TEE FEDERAL R3SSRVE BANKS OH SEPTEMBER 12, I945 (In thousands of dollars) A S S E T S Total Boston New York Phila. Cleve. Rich, Atlanta Chicago St#Louis Minn. Kans.Cÿ. Dallas SanFran. Gold certificates 17,220,815 755,835 5,157,325 823,409 1117,01+7 818,594 935,676 3334,874 528,576 306,428 559,960 1)43,971 2439,120 Redemption fund for F. R. notes 700,617 50,321 93,1+97 55,567 72,594 59,972 40,501+ 115,657 43,390 18,027 33,608 26,542 ■ 85,938 ---------------A».,- Total gold certificate reserves 17,921 ¿32 800,156 5,255,822 878,976 1189,041 878,566 976,180 3450,531 571,966 324,455 593,568 470,513 2525,058 Other cash 213,1+12 17,363 1+8,210 15,721 16,481 13,470 17,689 22,746 10,350 5,473 12,073 9,349 24,487 Discounts and advances 457,224 11,035 232,510 6,84o 36,375 12,242 9,050 99,050 2l+,700 1.330 12 ,4-00 500 9,192 Industrial loans 2,853 123 2,197 — - 75 ;— 193 ---------- 15 ------- 250 U* S. Govt, securities: “ B ills 13,272,056 780,398 3,171¿038 860,938 1271,366 897,21+6 651,651+ 2026,019 563,807 342,421 644,627 476,768 1579,774 Certificates 6,71+1,561 474,753 1,671,1+82 510,628 646,036 423,654 359,611 874,908 339,076 180,405 312,521 289,848 658,639 Notes 1,817,150 127,967 450,539 137,638 174.,136 114,193 ■ 96,930 235,828 91,395- 43,627 84,238 78,127 177,532 Bonds .. 977,392 *68-, 830 242,332 74;o32 93,662 61 ¿1+21 52,136 126,845 • 49,159 26,155 45,509 42,022 95,48? Total U.S. Government securities 22,808,159 1I+51 v9l+8 5,535.391 1589,236 2185,200 H+96,514 1160,331 3263,600 104:3,437 597,608 1086,695 : 880,765’ 2511,434 Total loans and securities 23,268,236 ïl+63,100 5,767,901 1598,273 2223,575 1508,831 1169,381 3362,843 1068,137 598,938 1099,110 887,265 2520,876 Duo from foreign banks 110 • 7 i /40 10 10 5 4 14 3 3 3 8 i?UR* notes of other banks 101,709 6,391 18,720 6,993 4,159 ' 6,720 9,416 10,560 7,796 3,615 5 »250* 3,847- 18,242 Uncollected items 2',000,602 140,472 403,152 120,731 178,771 164,44-5 127,758 322,566 96,940 58,075 114,387' 72,102 201,203 Bank premises 33,376 1,573 8,748 3,361 4,026 2,798 1,582 3,129 2,076 1,235 2,614 846 1,888 Other assets 63,21+2 4,601 14,267 4,615 ______ L*9jiL 3,704 Ì 1656 , JL5ZI. ......... 2,800 _______ 6,077... 9 TOTAL ASSETS 43,602,619 2439.669 11,516,860 2628,680 3622,608 2578,53 2305,706 7180,962 1760,865 993,545 1830,021 1446,725 5293,1+39 l/ After deducting $70,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis