H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F, R, 283 STATEMENT FOR TiiE PRESS. Released for publication Board of Governors Rriday morning, Oct. 5> the Federal Reserve System not earlier, October 4, 1945 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended October 3, member bank reserve balances increased $146,00(5,006, * Additions to member bank reserves arose from decreases of ¿313,000,000 in Treasury deposits with Federal Reserve Banks and $28,000,000 in nonmember deposits and other Federal Rosarve accounts, and an increase of $26,000,000 in Treasury currency, offset in part by decrease^ of $71,000,000 in Reserve Bank credit and $21,000,000'in gold stock and increases of $124,000,000 in money in circulation and $5,000,000 in Treasury cash. Excess reserves of member banks on October 3 wore estimated to be approximately $950,000,000,- Holdings of loans, discounts and advances decreased '$108,000,000 while holdings of United States Govepnment securities increased $26,000,000, The in­ crease in holdings of United States Government securities reflects increases of $161,000,000 in certificates and $36,000,000 in notes and a decrease of $171,000,000 in bills. * Changes in member bank reserve balances and related items during the week and tho year ended October 3» 1945, were as follows: Increase or decrease since Oct. 3, Sept, 26, Oct, 4,' ' 1945 1945 1944 ( In millions of dollars) U, S, Government securities 23,212 + 26 +6,552 Loans, discounts and advances 317 - 108 + 275 0tn3r Reserve Bank credit 291 + 9 - 106’ Total Reserve Bank credit 23,321 - 71 +6,722 Gold stock 20,072 - 21 - 752 Treasury currency 4,248 + 26 + .135' Member bank reserve balances 15,420 + 146 +1,987 Money in circulation 27,853 + 124 +3,972 Treasury cash 2,268 + 5 - 104 Treasury deposits with F, R. Banks 648 - 313 + 301 Hcraiiember deposits and other R. accounts 1,953 -* 28 50 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 OCTOBER 3» 1945 (In thousands of dollars) L I A B I L I T I E S Total Boston Nev; York Phila. Cleve. Ricn. j.tlantc Chicego St.Louis iviinn. Kanfi*Cy> Dallas SunFran. Federal Asserve notes 24,040,640 1460,268 5,240,480 1583,820 2081,459 1684,394 1451,946 43^9,590 1016,52j 533 ¿53 902,606 616,579 3^74,512 Deposits: 15,420,431 712,102 4,884,861 786,934 1156,915 678,805 672,404 2220,918 580,116 359,099 705,141 707,077 1876,059 ;. 647,692 35,621 248,183 32,345 58,276 11,658 9, :55 72,860 3J»>99 35,773 31,765 17,717 63,1(40 roreign 1,039.383 67,301 1/409,210 86,746 85,761 41,402 34,501 128,148 29,573 22 ,.672 29,573 29,573 74,923 Other 429,885 4,139 329,773 4,632 10,752 9,258 2,501 3,861 9,636 1,835 3,100 1,141 49,207 Total deposits 17,537,391 819,163 . 5**872,927 910,707 1311,704 ,741,123 713,461 2425,737 650,324 419,379 849,579 755,508 2063,629 Defsrreu availability item 1 1,497,506 117,091 309,945 93,207 131,745 117,081 93,358 203,613 ^,094 39,168 88,871 54,556 179,777 Other liabilities includin] accrued dividends 10,216 913 2,501 771 1,036 528 451 1,463 421 2 >9 417 333 1,083 I'OT^L LIABILITIES 43,085,753 2397,435 11,424,953 2588,505 3525*944 2543,126 2264,216 7025,461 1731,359 997,304 1841,473 1426,976 5319,001 Capital paid in 172,266 10,436 60*944 12,967 17,426 6,911 6,203 20,542 5,523 3,73^ 5,652 5,947 15*981 Surplus (Section 7) 228,153 15,239 84,903 19,872 19,071 7,813 7,936 33,201 7,o48 4,950 6,196 6,025 15,899 Surplus (Secticm.IJb.) .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 129,681 7,975 28,346 9,?54 14,309 8,365 7,105 18,758 6,433 4,941 6 >227 5*393 12,575 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 43,643.018 2433*965 11,606,289 2635,066 3577,757 2569,505 2286,222 7099,391 1750,890 11001122,,00002211886600,,668855 11444455,,664488 5365,598 Commitments to make industrial loans 4,183 100 2,916 20 3OO 376 ---- 193 278 F. ft» notes outstanding 24¿725^379 1497,075 5,368,876 1632,735 2137,209 1725,870 1503,819 4463,747 1060,94l 554403,,333399 »*'993300,,996677 664438,,003377 3208,264 Collateral for F. R. notes held by F. R. «.gents: Gold certificates 160,000 280,000 164,000 1^ 9,000 Eligible paper 206,602 21*100 106,550 2,050 19,225 11,000 30,125 — 4,902 U. S. Govt, securities Discounts and advances Industrial loans Ui S. Govt, securities £ O O 8 650,000 500,000 1600,000 MATURITY DISTRIBUTION. OF LOANS AND SECURITIES Within l6 to 31 to 6l to 91 days to o months 1 to 2 2 to 5 Over Total 15 days 30 days 60 days 90 days 6 months to 1 yaar years years 5 years 314,131 247,177 16,025 17,300 33,029 100 3,059 2,380 4 ?6 370 8 31 92 98 23,212,219 2,900,013 2,134,520 4,527,601 4,337,132 3,538,671.4,245,490 273,800 507,652 747,3^0 1_/ After deducting $628,912,000 participations of othor Federal Reserve B^nks# Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form P. R. 233a Released for publication Friday morning, October 5,1945» n0^ earlier. STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Oct. 3* Sept. 26, Oct. 4, 1945 1945 1944 A S S E T S Gold certificates 17,103,565 - 31.500 - 978,000 Redemption fund for F. R. notes 734,290 + 10,257 + 228,431 Total gold certificate reserves • 17,897,855 - 21,243 - 749.569 Other cash 241,483 + 5.875 18,828 Discounts and advances 314,131 -107,515 + 281,271 Industrial loans 3,059 + 78 5,932 U. S. Govt, securities* Bills 13,042,516 -170,640 +2,257,498 Certificates 7,254,161 +161,200 +3,609,671 Notes 1,938,150 + 36,000 + 870,779 Bonds 977,392 — - 266,034 Total U. S., Government securities 23,212,219 + 26,560 +6,551,914 Total loans and securities 23,529,409 - 80,877 +6,827,253 Cue from foreign banks 110 26 F. R. notes of other banks 101,329 + 2,020 + 28,108 Uncollected items 1,783,682: - 10,843 + 75,537 Bank premises 33,806 31 661 Other assets 50,344 - 6,819 - . 2,821 TOTAL ASSETS 43,643,018 -111,918 +6,159,043 L I A B I L I T I E S Federal Reserve notes 24,040,640 +110,564 +3,743,550 Deposits: member bank-raserve account 15,420,431 +146,857 +1,987,708 U.S.Treasurer 647,692. -313,523 + 301,047 Foreign 1,039,383 - 11,327 - 205,853 Other 429,805 - 25,796 + 62,873 Total deposits 17,537,391 -203,739 +2,145,775 Deferred availability items 1,497,506 -20,175 + 181,006 Other liabilities including accrued dividends 10,216 600 + 617 TOTAL LIABILITIES 45,085,753 -114,000 +6,070,948 C A P -I T A L A C C O U N T S Capitf.l paid in 172,266 + 172 + 12,042 Surpius (Section J) 22s,153 + 4o,056 Surp 1 uf? 1’Section' ljb) 27,165 » . +. 200 Other oapibal accounts 129,601 - + 1,910 + 35,797 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 43,643,013 ' -111,918 +6,159,043 Ratio of gold certificate reserves to deposit and P. K. note liabilities combined 43. 9» 35® Commitments to make industrial loans 4,183 191 159 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R« 283b STATEMENT OF CONDITION OF THE FEDERAL RESERVE BARKS ON OCTOBER 3, 1945 (In thousands of dollars) A S S E T S Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis Kinn. Kans.Cy. Dallas San Fran. Gold certificates 17,163,565 747,938 5,207,077 ; 806,651 1120,196 862,117 860,636 3302,546 541,335 313,491 575,486 449,162 2376,930 Redemption fund for F„ R. notes 734,290 60,143 97,009 . 55,260 72,331 62,695 46,234 1 2 0 , 4 0 3 43,314 19,753 33,547 26,480 95*766 Total gòj-d certific&te reserves 17,697,855 8 0 8 , 0 8 1 5,304,886 861,911 1193,027 924,312 906,920 3422,954 584,649 333,244 609,033 475,642 2472,696 Other cash 241,483 20,765 59,143 17,289 19,772 12,956 15,927 26,851 10,970 6,125 12,371 3,010 30,799 Discounts and advances 314,131 21,770 110,170 2,930 27,720 19,645 2,550 69,579 11,950 11,230 30,425 500 5,662 Industrial loans 3,059 121 2,46o 72 141 15 mm mi 250 UV S» 'Govt, securities.: Bills 13,042,516 751,951 3 , 2 1 8 , 2 3 3 674,179 1195,567 313,354 677,296 1982,193 551,134 342,^03 533,605 421,351 1625.635 Certificat-s 7,254,161 495,114 1,750,644 536,465 687,590 459,690 400,362 971,094 357,904 137,176 359.033 331,090 70 V, 949 Notes ~ 1.938,150 132,205 469,872 143,332 183,700 106,966 259,454 95,624 50,008 95.-933 38, ''61. l-J? Bonds 977,392 66,710 236,952 72,281 92,642 1 6 2 2 1 , ,9 3 3 1 9 6 53,942 130,341 43,223 25,219 45,331 44,610 [fir. ó 6 f 5 - 5 3 Total U. S, Government securities 23,212',219 '110*6,000 5,683,706 1620,257 2159,507 1462,029 1236,566 3343,502 1052,885 605,306 1087,087 085.-512 2620,922 Total loans and securities 3,529,409 1467,951 5,793,876 1631,647 2187,227 1482,546 1241,116 3413,302 1064,335 616,536 1117,527 336,012 Due from foreign banks 110 7 •1/ 40 10 10 5 . 4 14 3 3 3 3 F.R. notes of other banks 101,329 3,344 IT, 031 4,716 5,576 7,656 8 , 3 3 8 12,251 7,395 5,162 6,735 4,4so Uncollected items 1,736,682 126,1-39 414,631*’ 112,918 •163,260 135,770 108,755 213,595 78,201 48,26a 109,249 63,258 Bank premises 33,806 1,568 8,729 3,349 4,017 2,790 1,579 3,123 2.075 1,245 2.609 840 1.832 Other assets 50,344 3,610 11,148 3,226 4,563 2,970 3,033 7,301 2,762 1,419 2,608 2,403 5,296 TOTAL ASSETS ^3,643,318-2433,965 11,606,239 2635,066 3577,75? 2569,505 2286,222 7099,391 1750,390 l0L2,0j2 1560,6G5 1445,645 5365,595 l/ After deducting $70,000 participations of other Foderai Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis