H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 283 STATEMENT FOR THÉ PRESS Released for publication Board of Governors Friday morning, Sept, 21 of the Federal Reserve System not earlier. Sept. 20,l9ii5 CONDITION OF THE FEDERAL RESERVE'BANKS During the week ended .September 'I9, member bank reserve balances increased $22Ji000,000, ‘Additions to member bank reserves arose' from increases of $30,000,000 in Reserve Bank credit and $6,000,000 in Treasury currency and decreases of $170,000,000.in Treasury deposits with Federal Reserve Banks, $16,000,000 in money in circulation and $3,000,000 in nonmember deposits and other Federal Reserve accounts. Excess reserves of member banks on September I9 were estimated to be approximately $1,020,000,000. Holdings of loans, discounts and advances decreased $156,000,000 while holdings of United States Government securities increased, $157,000,000,- The in­ crease in holdings of United States Government securities reflects a decrease of $88,000,000 in b ills and increases of $190,000,000 in certificates and $55»000,000 in notes. Changes in member bank reserve balances and related items during the week and the year ended September I9 , 1945« were as followss Increase or decrease since Sept, I9, Sept, .12, Sept. 20, , 1945 . _1945_ 1944 (In millions of dollurs) U. S# Government securities 22,965 + 6,425 Loans, discounts and advances 304 + 122 Other RuGerve Bank: credit 430 - 76 Total Reserve Bank credit 23,707 t 30 + 6,470 Gold stock 20,095' 1 - 790 Treasury.currency 4,222 + 6 + 108 Member bank reserve balances Money in circulation Treasury cash + 1 122 Treasury deposits with F. R, Banks - I70 - 271 Nonmember deposits and other F, R, accounts 2,000 5 -- 143 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BAMS ON SEPTEMBER 19, 1945 * (In .thousands of dollars) L I A B I L I T I E S Total Boston New York Phila. Cl eve. Rich. Atlanta Chicago St.Louis Minn» jKans. Cy. Dallas SanFran. Federal Reserve notes 23.976,374 1466,834 5,241,054 1534,071 2088,039 1659,947 14-37,449 4335,326 1010,208 536,154.' 895,862 606,420 3065,010 Depositsj Member bank-reserve acct. 15,552,213 719,947 4,953,675 779,363 1186,848 673,282 673,763 2289,938 577,668 360,842 758,900 693,409 1884,578 U.S.Treasurer-general acct, JLj.27»52Ì+ 26,941 67,794 21,804 18,252 52,663 20,511 63,631 25,696 30,668 27,970 27,716 43,828 Foreign 1,084,497- 71,831 1/419,430 91,420 90,381 43,632 36,360 135,052 31,166 23,894 31,166 31,166 78,999 Other 44.0,784 3,506 342,037 2,645 11,539 8,652 2,293 4,292 9,244 1,821 2,456 1,194 51,105 Total deposits 17,505,018 822,225 5,782,930 895,232 1307,020 778,229 732,927 2492,963 643,774 417,225 820,492 753,485 2050,510 Deferred availability items 1,836,792 137,035 327,312 99,705 195,317 133,128 125.733 323,927 79,956 44,715 109,303 71,406 189,255 Other liabilities including accrued dividends 10,763 845 2,64l 722 1,039 591 472 1,454 381 732 420 419 1,047 TOTAL LIABILITIES 43,328,947 2426,939 11,353,943 2579,730 3591,415 2571,895 2296,581 7203,670 1734,319 998,826 1826*077 1431,730 5313,822 Capital paid in 171,912 10,369 60,863 12,933 17,418 6,911 6,200 20,522 5,516 3,733 5,648 5,945 15,854 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 13b) 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 125,947 7.723 27,525 9,003 13,967 8,115 6,910 18,180 6,257 4,844 6,028 5,214 12,181 TOTjtf, LIABILITIES ¿UD CAPITAL ACCOUNTS 43,882,124 2463,150 11,534,377 2626,006 3642,878 2598,024 2318,389 7277,002 1753,667 1013,4261845,086 1450,221 5359,898 Commitments to make indus tri al lo ans 4,625 100 mm mm mm 3,298 20 3OO 376 — — — 193 338 F. R. notes outstanding 24,676,524 1509,781 5,369,320 1638,339 2136,123 1695,393 1493,109 4470,031 1058,120 545,750 925,651 638,528 3196,379 Collateral for F. R. notes held by F. R. Agents: Gold certificates 11,326,000 520,000 3,570,000 535,000 690,000 525,000 660,000.2245,000 300,000 188,000 280,000 164,000 1649,000 Eligible paper 166,092. 18,250 64,350 9,280 — 13,475 ------ ---- 30,250 7,200 17,975 5,312 U. S. Govt, securities 13,600,972 1000,000 1,800,000 1100,000 1450,000 1200,000 850,000 2250,000 855,972 360,000 650,000 485,000 1600,000 MATURITY DISTRIBUTION OF LOANS AND SECURITIES Within l6 to 31 to 01 to 91 days to 6 months 1 to 2 2 to1 5 Over Total 15 days 30 days 60 days 90 days 6 months to 1 year years years 5 years Discounts and advances 301,097 234,197 23,525 8,945 34,430 ---- ---- — ---- Industrial loans 2,772 2,091 — 4 79 374 33 94 97 — U. S, Govt, securities 22,965,490 3,781,570 2,023,430 4,268,82!; 4,381,213 2,547,171 4,434,490 273,800 507,652 747,340 l/ After deducting $662,795*000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 28$a Released for publication Friday morning, September 21,1914-5» n°t earlier, STATEMENT OF CONDITION OF THE TWELVE FEDERaL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Sept. 19, Sept, 12, Sept. 20, ‘ 19U5 1945. . 1944 A S S E T S Gold certificates 17,206,815 - 14,000 -1,027,550 Redemption fund for' F. R. notes 714,617 + 14,000 + 238,069 Total gold certificate reserves 17,921,432 — - 789,481 Other cash 221,599 + 8,187 - 42,896 Discounts and advances 301,097 -156,127 + 129,230 Industrial loans 2,772 61 - 7,258 U, S. Govt, securities! Bills 13,184,08? - 87,96? +2,433-, 204 Certificates 6,931,861 +190,300 +3,462,871 Notes 1,872,150 + 55,ooo +. 800,279 Bonds 977,392 — - '271,034 Total U., S, Government securities 22,965,490 +157,331 +6,425,320 Total loans and securities 23.269,359 + 1,123 +6,547,292 Due from foreign banks 110 . . 26 F, R, notes of other banks 105,513 + 3,804 + 29,060 Uncollocted items 2,274,473 +273,871 + 117,489 Bank premises - 33.680 + ' 4- 667 Other assets 55,758 - . 7,484 601 TOTAL ASSETS 43,882,124 +279,505 +5,860,170 L I A B I L I T I E S Federal Reserve notes 23,976,374 7,985 +3j,974,981 Deposits t Member bank-reserve account 15,552,213 +223,473 +2j,107,590 U.S,Treasurer-general account 427,524 -170,157’ - 271,710 Foreign 1,084.497- - 30,023 320,990 Other >440,784 + 17,407 + 87,861 Total deposits .17,505,018 + 40,700 +1,,602,751 Deferred availability items 1,836,792 ' +244,852' +‘ 194,111 Other liabilities including accrued dividends - 10,763 + 370 ♦ 1,588 TOTAL LIABILITIES" 43,328*947 +277,937- +5,,773,431 C' a P I T A L C C 0 U N T S Capital paid in 171,912 + 16 + 12,093 Surplus (be?.ti*on 7) 228,153 + 40,056 Surpl\is (Section ijb) 27,165 + 200 Other cawit-al accounts . 125,947 + 1,552 + 34,390 TOTaL LIABILITIES ,,ND CAPITAL ACCOUNTS 43,882,124 +279,505 +5,,860,170 Ratio of pcld certificate reserves to deposit and F„R.notc ** liabilities combined 43.2?o 8.9% Commitments to make industrial loans 4,625 + 14 + 754 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F, R. 283b 9 STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS ON SEPTEMBER I , lQl+5 (In thousands of dollars) A S S E T S Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.Cy. Dallas SanFran. Gold certificates 17,206,815 759*643 5,349,578 786,777 1132,910 793,353 893,2153234,092 515,995 312,643 567,287 445,430 2415,892 Redemption fund for F. R. notes 714,617 50,321 98,497 55,567 72,594 61,972 42,504 115,657 43,390 18,027 33,608 26,542 95,938 Total gold certificate reserves 1 17,921,432 809,964 5,448,075 842,344 1205,504 855,325 935,719 3349,749 559.385 330,670 600,895 471,972 2511,330 Other cash 221,599 17,712 48,030 16,530 19,016 13,125 17,101 23,108 n,533 5,608 12,294 8,977 28,560 Discounts and advances 301,097 18,920 67,970 10,160 18,375 13,895 10,450 98,500 30,550 7,430 13,275 500 6,072 Industrial loans 2,772 123 2,169 — 74 141 15 250 u. S. Govt, securitiesj Bills 764,714 3,0^4,340 803,144 1211,900 911,882 669,241 2097,164 5^4,655 346,265 624,628 455,859 1590,295 Certificates 468,525 1,717,553 525,296 665,205 435,649 369,402 898,834 348,093 185,841 321,775 297,968 677,670 Notes 131,940 463,876 141,872 179,657 117,661 99,769 242,769 94,014 50,190 86,903 80,474 183,-02 5 Bonds 977,392 68,832 242,175 • 74,o67 93,793 61,427 52,086 126,742 49*082 26,203 45,370 42,013 95,552 Total U. S. Government securities 1454,061 5,497,944 Ï624.379 2150,555 1526,619 1190,498 3365,559 .1045,344 608,499 1078,676: 876,314 :£546,542 Total loans and securities 1473,104 5,565,914 1636,708 2160,930 1540,580 1200,948 3464,200 1076,394 615,929 1096,966 876,814 :2552,364 Due from foreign banks 110 7 1/ 4o 10 10 5 4' 14 3 3 3 X 8 F. R# notes, of other banks 105,513 6,815 * 1^,883 "4,625 • 5,074 7,522 9*183 11,317 7,113 4,528 6,514 3,347 19,592 Uncollected items j 149,877 431,230 118,383 235,004 175,400 150,674 417,821 94,060 53*899 122,963 85,653 239,501 Bank premises 1,573 8,748 3,361 4,026 2,798 1,583 3,129 2,077 1,237 2,6l4 846 1,888 Other assets 55,758 4,098 12,457. 4,045 5,314 3,253 3,177 7,664 3,097 1,552 2,837 2,609 5,655 ,----------------------------------------------------------------------------------------------.----------------- ----------------------------------------------- TOTAL iiSSETS 43,882,124 2463,150 11,534,377 2626,006 3642,878 ’2598,024 2318,389 7277,002 1753,6671013,426 1845,086 ¿450,221.5359,898 ■ l/ After deducting $70,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis