H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F, R. 283 STATEMENT FOR THE PRESS Released for publication Board of Governors Friday morning, November 2; of the Federal Reserve System not earlier. November 1, lgb-5 CONDITION Of THE FEDERAL RESERVE BANKS During'the week ended October 31» member bank reserve balances decreased $28,000,000. Reductions in member bank reserves resulted from increases of $134,000,000 in Treasury deposits with Federal Reserve Banks, $52,000,0()0 'in money in circulation, $25,000,000 in nonmember deposits and other Federal Reserve account and $17,000,000. in Treasury cash, offset in part by increases of $197,000,000 in Reserve Bank credit, and $5,000,000 in .Treasury currency. Excess reserves of member banks on October 31 were estimated to be approximately $960,000,000. Holdings of loans, discounts and advances increased $1+9,000,000 and of . United States Government securities $L37,000,000. The increase in holdings of United States Government securities reflects increas-. s o f-$152,000,000 in b ills and $35,000,000 in certificates. Changes in member bank reserve balances and related items during the week and the year ended October 31» 1945, were as follows} Increase or decrease since 0ct# 31, Oct. 21+, . Nov. 1, 1945 1945 1944 fin millions of dollars) Ï u# S. Government securities 23,276 + ■ 187 + .5,671 Loans, discounts and advances 441 + I+9 + 73 Other Reserve B&nk credit 270 - 39 22 Total Reserve B&nk credit 23,987 + 197 + 5,722 Gold stock 20,037 1 690 Treasury curren6y * 4,275 .+ 5 + 160 Member bank reserve balances 15,723 * 28 + *1,6k 0 Money in circulation 28,026 + 52 + 3,61? Treasury cash 2,265 + 17 ■ 107 Treasury deposits with F# R# Banks 429 + 134 + 213 Nonmember deposits and other F#R,accoxints 1,856 + 25 ; - 170 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Firth F. d. 283c STATEMENT OF CONDITION :)F THS FEDERAL RESERVE BAKKS ON OCTOBER 31, 194-5 (In thousands of dollars) L I A B I L I T I E S Total Boston Now York Phila. Cleve. Rich. Atlanta Chicago St.Louis Minn. Kans.C^ . Dallas SanFran. Federiti Reserve notes 24,215,012 1448,637 5,242,318 1590,652 2073,821 1706,445 1466,181 ULooiéao 1028,858 546,118 906,076 619,663 3185,563 Deposits : Member bank-reservo acct. 15,723,412 718,163 5,020,323 786,077 1184,086 690,162 685,198 2290,215 533,263 376,662 759 ,350 708,555 1921,558 U.S.Treasurer-general acct. 1+28,929 31,647 107,027 33,247 38,405 13,466 25,622 64,613 33,275 17,327 15,561 15,745 34,996 For jign 937,522 58,879 1/379,220 76,789 77,045 36,649 30,541 113,438 26,178 20,070 26,178 26,178 66,357 Other 435,318 2,923 324,915 3,600 6,879 8,924 3,538 7,227 12,194 4,037 2,816 4,198 54,017 Total deposits 17,525,181 811,612 5,831,435 399,713 1306,415 749,201 744,949 2475,493 654,910 418,096 803,905 .752,474 2076,928 Deferred availability items 1,571,589 121,338 ; 319,668 85,674 1148,230 119,049 109,191 239,474 70,470 40,179 99,650 57,688 160,978 Other liabilities including accrued dividends 11,541 1,382 2,716 793 1,065 532 500 i ,54o 453 '599 454 551 1,156 TOTAL LIABILITIES 43,323,323 2382,969 11,396,187 2576,832 3529,531 2575,227 2320,821 7117,187 1754,691 10)4,592 1310,085 1430,176 5424,625 Capital paid in 172,725 10,447 61,123 12,997 17,506 6,945 6,219 20,557 5,526 3,740 5,676 5,965 16,024 Surplus (Section 7) 223,153 15,239 84,903 19,372 19,071 7,313 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 1,075 1,157 1,507 2,142 Other capital accounts 137,684 8,494 30,171 9,833 15,049 8,856 7,576 20,037 6,790 5,128 6,596 5,715 13 >441 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 43,389,050 2420,029 11,579,527 2624,002 3582,164 2602,131 2343,314 7192,411 1774,582 1019,333 1329,690 11449,136 5472,151 Commitments to make T industrial loans 3,679 16k — 2,304 20 300 — 376 — — — 193. 322 F. R. notes outstanding 24,977,370 1491,755 5,378,506 1642,822 2134,629 1749,633 1532,664 4492,783 1078,955 560,143 933,477 654,959 5527,564 Collateral for F. R. notes held by F. R. agents; Gold certificates 10,768,000 410,000 •3,270,000 450,000 695,000 550,000 64 o ,jo o 2200,000 300,000 160,000 230,000 164,000 1649,000 Eligible paper 304,992 40,335 175,332 8,152 13 »130 — — 22,643 11,000 7,450 — 26,900 U. $. Govt, securities 14,501,630 1100,000 2 , 100,000 1200,000 i 450 ,ooo 1225,000 900,000 2300,000 876,630 400,000 650,000 500,000 1800,000 MATURITY DISTRIBUTION OF LO.-JJS AND SECURITES Within 16 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 I year yoars years 5 years Discounts t.nd advances 439,056, 366,275 42,347 14,434 13,950 • 2*00© Industrial loans 2,361 1,955 69 118 202 ■ 7 9 1 U. S-. Govt, securities 23,276,168 3,098,299 2,069,963 4,376,122 4,476,326 3,493,671 4,227,490 273,300 507,652 747,340 l/ After deducting $556,720,000 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, November 2,191+5; not.earlier, STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Get* 31, Oct. 21+, Nov. 1, 1945 I945' 1944 A *S S ET S ' Gold certificates 17,118,565 - 10,000 - 892,500 Redemption fund for F, R. notes 760,850 + 10,000 + 217,961 Total gold certificate reserves 17,079,415 — - -674,539 Other cash 243,574 368 7,ool+ Discounts and advances 439,056 + 1+9,350 + 79,725 Industrial loans 2,361 339 6,178 U. S# Govt, securities: Bills 13,172,U65 +152,003 +1*662,953 Certificates 7,206,161 + 35,000 +3,456,671 Notes 1,920,150 — + 817,279 Bonds 977,392 — 266,031+ Total U. 8, Government securities 23,276,168 +187,003 +5,670,869 Total loans and securities 23,717,505 +236, Oll+ +5,744,416 Due from foreign banks * .110 -- 26 F. R. notes of other banks 112,831 - 5,801 ■ + 34,605 Uncollected items 1,81+1,006 + 20,790 + 69,014 Bank premises 33,724 63 653 Other assets 60,805 + 2,077 + 3,742 TOTAL ASSETS 43,889,050 +252,01+9 +5,169,555 L I A B I L I T I E S Federal Reserve notes •24,215,012 -+ 59,745 ■ +3,392,232 Deposits: Member bank - reserve account 15,723,412 - 27,811 +1,61+0,007 U. S. Treasurer -General account 428,929 +134,01+2 + 213*221 Foreign 937,522 - 27,285 - 288,926 Other 435,318 + 51,263 ♦ 28,827 Total deposits 17,525,181 +130,209 +1,593.129 Deferred availability items 1,571,589 + 59,806 + 91,374 Other liabilities including accrued dividends 11,541 + 203 + 1,027 TOTAL LIABILITIES 43,323,323 +21+9,963 +5,077,762 C A P I T A L ' A C C O U . N T S Capital paid in ' 172-, 72 5 + ■ 1+7 . +■ 12,286 Surplus (Section 7) 228,153 — + 1+0,056 Surplus (Section 13b) 27,165 — + 200 Other capital accounts 137,684 + 2,639 + 39,251 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 4-3,889,050 +252*61+9 +5*l69»555 Ratio of gold certificate reserves to deposit and F. R# note liabilities combined U2,&A - f2fo - 7*7% Commitments to make industrial .loans 3., 679 ■> 128 - 1,104 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 OCTOBER 31, 19^5 (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 17,118,565 738,173 5,073,182 799.859 1095,781* 893,607 889,570 3303,201* 535,009 317,351 562,312 1*1*6,255 21*61*,259 Redemption fund for F. R. notes 760,850 59,81*1 111,965 ‘60,361 72,578 63,265 1*5,9H 120,126 1*3,218 20,218 35,14*7 26,375 101,51*5 Total gold certificate reserves 17,079,1*15 798,011* 5,185,11*7 860,220 1168,362 956,872 935,1*81 31*23,330 578,227 337,569 597,759 1*72,630 2565,801* Other cash 21*3,571* 22,61*1* 1*6,1*1*1* 17,51*1* 20,921* 11*, 825 20,198 '28,61*2 10,81*1 6,998 13,1*87 9,183 31,81*1* Discounts and advances 1*39,056 1*1,139 179,726 9,208 17,1*91* 13,631* 3l*,66o 72,731* 23,003 11,276 7,810 560 27,812 Industrial loans 2,361 118 — 1,822 —- 65 — 11*1 rnrnmm --- 15 — 200 U# S. Govt. securities B ills 13,172,1*65 732,81*0 3,280,723 871,956 1231,569 822,81*5 658,31*9 1990,177 566,911 3l*l*,290 588,022 1*28,892 1655,891 Certificates 7,206,161 1*91,61*8 1,71*7,103 532,771* 682, ?67 1*56,61*6 397,866 965,010 355,621* 185*809 356,71*9 329,031* 705,131 Notes 1,920,150 131,001* 1*65,533 11*1,963 181,930 121,678 106,013 257,137 9I*,759 1*9,511 95,059 87,671* 187,889 Bonds 977,392 66,681* 536,965 72,261 92,606 61,93.6 53,963 130,887 1*8,231* 25,202 1*8,387 1*1*, 628 95,639 Total U* S% Government securities 23,276, 168 11*22,176 5*730,321* 1618,951* 2188,872 11*63,105 1216,191 331*3,211 1065,528 6Ò1*,812 1088,217 890,228 ;261*1*, 550 Total loans and securities 23,717,585 11*63,1*33 5,910,050 1629,981* 2206,366 11*76,801* 1250,851 31*16,086 1088,531 616,088 1096,01*2 890,788 ;2672,562 Due from foreign banks 110 7 1/ 1*0 10 10 5 1* 11* 3 3 3 3 8 FvR.notes of other banks 112,831 1*,277 15,672 5,1*73 7,199 .11,307 . io,61*5 13,182 9,^61* 5,601 5.782 1*, 538 19,693 Uncollected items 1,81*1,006 126,130 1*00,027 103,1*02 169,1*1*2 135,81*9 120,933 299,128 81,980 50,815 111,105 68,371* 173,821 Bank premises 33,721* 1,563 8,7H 3,337 l*,oo7 2,783 1,575 3,H8 2,069 1,21*3 2,609 03I* 1,875 Other assets 60,605 3,961 13,1*361■ 1*, 032 5,851* 3,686 3,629 8,9H 3,1*67 1,566 2,903 2,836 6,521* TOTAL ASSETS 1*3,889,050 21*20,029 11, 579,527 2621*,002 3582-,lèi* 2602,131 231*3,311* 7192,1*11 1771*,582 1019,883 1829,690 11*1*9,186 51*72,131 .» ** - • *' l/ After deducting $70,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis