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* Nov. 16; of the Federal Reserve System not earlier, November 15, 19^5 CONDITION OF THE FEDERAL RESERVE BANJOS During the week ended .November li*, member bank reserve balances.increased $257>000,000. Additi6ns to member bank reserves arose from an increase of $621,000,000 in Reserve Bank credit and a decrease of $3,000,000 in Treasury cash, offset in part by , increases of $319,000,000 in Treasury deposits with Federal Reserve Banks, $lj.l,000,000 in money in circulation and $5,000,000 in nonmember deposits and other Federal Reserve accounts. Excess reserves of member banks on November 1 ¡1 were estimated tq be- approximately $1,250,000,000. Holdings of loans, discounts and advances increased $88,000,000 and of United States Government securities ,$372,000,000« The increase in holdings of United States Gover nment securities reflects increases of $291,000,000 in b ills and $i|0,000,000 each in certificates and notes. Changes in member bank reserve balances and related items during'the week and the year ended November lij., I9U5# woro as follows; Increase or decrease since Bov, II4, Hov* 7, Nov* 15, 19U5 19k5 19 hh (In millions of dollars) U. S* Government securities 23,Wl8 + 372 + 5,507 Loans, discounts and advances 598 + 88 + 233 Other Reserve Bank credit U53 + 163 — 1*8 Total Reserve Bank credit 2ii,l98 621 + 5,691 Gold stock- 2o,o3U - 1 - 660 Treasury currency h,28li - 1 + 170 Member bank reserve balances 15,99k + 257 + l,U37 Money in circulation 28,178 + Ui + 3,161 Treasury cash 2, .265 - 3 - 73 Treasury deposits with Ft R. Banks '580 + 319 + ¿4-61 Honmomber deposits and other F.R*accounts 1,799 + 5 - 8I4 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 NOVEMBER l4, 1945 (In thousands of dollars) L I A B I L I T I E S Total Boston New York Phila. Cleve. Rich, Atlanta Chi cd go St.Louis Minn. Kans.Cy. Dallas SanFr&n. Federal Reserve notes 24,355,262 11:56,738 5 , 266,360 1603,793 2079,809 1721,349 1477,492 4417 , 0111041,410 548,351 907,677 623,246 3192,026 Deposits: • Lf ember bank-reserve acct. 1 5 ,99k ¿3 8 721,505 5,047,542 800,608 1177,693 736,221 720 ,. 8012309,251 598,793 331,621 800,256 750,857 1949,290 U.S.. Treasurer-general acct 579,532 36 , 11+8 205,209 26,409 47,577 27,091 18,520 90,589 23,866 23,470 19,593 22,513 38,547 Foreign . 871,862 54,195 1 / 359,779 70,562 69,760 33,677 28,o64 104,239 24,055 18,L42 24,055 24,055 60 .,979 Other 441,445 3,195 ' 329,023 3,069 11,290 7,623 2,974 9,914 10 M i 3,482 2,133 1,978 56,321 Total deposits 17,887,275 815,043 5,941,553 900,643 1306,320 804,612 770,359 2513,993 657,155 427,015 846,037 799,403 2105,137 Deferred availability items 1 ,QlUs933 142,181 377,589 104,631 178,843 160,381 123,911 298,032 88,385 49,345 105,532 33,855 161,695 Other lia b ilitie s including accrued dividends 11,943 .767 3,382 862 1,193 596 547 1,630 491 412 -491 403 1,169 TOTAL LIABILITIES k4,109,413 24lk,729 11,588,884‘2609,934 3566,170 2686,938 2372,309 7230,666 1737,439 1025,623 1359,787 1506,907 5460,027 Capital paid in 173,192 lo ,46o 6 1,437 13,000 17,528 6,955 6,227 20,565 5,527 3,746 5,696 5,965 16,036 .Surplus (Section 7) 228,153 15,239 84,903 19,872 19,071 7,813 7,936 33,201 7,0i»8 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 1,507 2,142 Other capital accounts 140,912 8,675 30,953 10,054 15,354 9,050 7,754 20,1.41 6,929 5,224 6,758 5,845 13,375 TOTnL LIABILITIES AND Capital accounts 44,678,835 2451,983 11,773,320 2657,328 3619,130 2714,046 2394,988 7306,302 1807,470 1040,6l6 1879,574 1526,049 5508,029 Commitments to make industrial loans 3,337 164 2,346 20 300 ---- ---- 185 322 F. R. notes outstanding 25,090 ¿46 1492,707 5,412,718 1660,471 2140,752 1764,745 1538,133 4503,174 1091,913 560,922 940,281 658,794 3325,781 Collateral for F. 3. notes held by F. R. Agents: Gold certificates 10,728,000 4io ,000 3,270,000 450.,000 695,000 625,000 650,000 2070,000 300,000 165,000 280,000 164,000 1649,000 E ligible paper 333,592 26,785 237,432 20,580 — 16,750 ---- 25,600 7,000 21,575 ---- 27,370 U# S. Govt, securities 14,633,710 1100,000 2,100,000 1200,000 1450,000 1175,000 900,000.2450,000 853,710 4oo,000 700,000 500,000 1800,000 il..TURITI distribuito: OF LOANS ..ï;d securities 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 1 year ¿oars years 5 years Discounts ond advances 595 ,448 437,677 50,040 9,431 48,300 ---- ---- ---- ---- —•- Industrial loans 2,382 2 ,o46 ---- 317 3 6 9 1 ---- —— U • S. Govt:. Becurities 23 ,li4?,667 3,022,277 2,399,439 4,515,565, 5,357,033 2,770,,121 3,393,590 273,800 507 ,652 703,390 l/ After deducting 3511,573,000 par•ticipations of other Federal Reserveì Banks, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Forsi'Fi R. 283a Released for publication Friday morning, November 16,1945» no't earlier. STATEMENT OF CONDITION OF THE TWELVE FEDERAL RfcbERVE BANKS COMBINED (In thousands of dollars) Increase or decrease since Nov, 14, Nov. 7, Nov. 15, 19^5 1945 1944 A S S E T S- Gold certificates 17,112,065 - 1,500 - 868,.000 Redemption fund for F, R. notes 760,936 + 1,231 + 201,315 Total gold certificate reserves 17,873,001 269 666,685 Other cash 232,056 + 99O 9,831 Discounts and advances 595,448 + 87,566 + 238,024 Industrial loans 2,382 + 51 5,606 U. S, Govt, securities} Bills 13,178,464 +291,223 +1,497,800 Certificates 7,331,661 + 40,000 +3,426,171 Notes 1,960,150 + 40,000 + 848,779 Bonds 977,392 - 266,034 Total U, S. Government * securities 23,447,667 +371,223 +5,506,716 Total loans and securities 24,045,497 +456,64o . +5,739,134 Duo from foreign banks 110 •mtm 26 F. R. notes of other banks 104,696 ~ 2,195 + 29,778 Uncollected items 2,327,549 +589,842 - 59,031 Bank promises 33,733 15 656 Other assets . 62,193 + 793 + 3,454 TOTAL ASSETS 44,678,835 +i,o4s,016 +5,036,137 L I A B I L I T I E S Federal Reserve notes 24,335,262 + 39,449 +3,231,178 Deposits j Member bank reserve account 15,994,438 +257,110 +1,437,021 U. S, Treasurer - General account 579» 532 +318,062 + 46o,i64 Foreign 871,862 - 42,060' - ' 372,874 Other 44i#443 + 45,093 + 197,879 Total deposits 17,887,275 +578,205 +1,722,190 Deferred availability items 1,874,933 +427,495 10,995 Other liabilities including accrued dividends 11,943 + 855 + 697 TOTAL LLvBILITIES 44,109,413 +i,o46,oo4 +4,943,070 C A P I T A L -A C -C 0 U N T S- ...... .. - -r—..... ... ....r . T „---- —— f Capital paid in' 173,192 + 95 + 12,423 Surplus (Section 7) 228,153 + 4o, 056 Surplus (Section 13b) 27,165 mm mm + 200 Othur capital accounts .■ ■ 140,912 : + 1*917. + 40,388 TGT.UL LIABILITIES AND CAPITAL ACCOUNTS 44,678^835 •+i, o48,oi6 +5,036,137 Ratio of gold certificate reserves to deposit and F, R. note liabilities combined’ 42*3% - -»7$ - 7.k% Commitments to make industrial loans 3,337 + 17 1,140 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 NOVEMBER ' li;, I9h5 ( 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 17,112,065 73li,088 ll,925,81k 797,718 1091,217 1055,1*61 928,81*2 3176,710 5U7,515 518,070 581;, 9l*l 1*75,530 21*78,511 Redemption fund for F, R. notes 760,936 59,628 in ,396 61,.681; 72,1*1*5 62,¿i37 1*5,699 l2J|,9i*2 U5.169 20,¿02 35,581; 26,5H 97,659 Total gold certificate reserves 17,873,001 793,716 5,037,210 859,1|02 1165,662 1117,898 971*. 5U 5501,652 590,1*82 558,272 620,525 .1*99,691 2576,150 Other cash 232,056 20,595 I4.I4., 915 17,611; 21,585 13,851 18,565 28,036 10,522 6.4*5 12,96b 7,512 29,20!; Discounts..and advances 595,1*1*8 29,95li 25I*, 1*1*6 2li,7l6 1*9,1*89 18,721* 26,985 100,026 27,010 8,031 22,935 1,610 51,1*1*2 Industrial loans 2,382 118 l, 8I4.5 — 65 11*1 -- -- 15 -- 200 U. S. Govt.securities: Bills 13,178,116!! 71*5,1*80 3,576,872 837,970 1159,970 750,1*06 61*1,988 21li*,806 55U,582 31+2,677 576,851 1*55,707 1,661,155 Certificates 7,331,661 k9h,2k6 1,795,592 515,632 70U,7l6 1*50,567 ll 09,112 956,193 377,056 196,213 567,516 525,21*3 709,775 Notes 1,960,150 132,158 1;80,058 11*5,878 183,1*10 120,1; 06 109,376 255,61*5 100,809 52,1*58 98,256 86,956 189,762 Bonds 977,392 65,888 239.572- 72,7^0 95,9lt7 60,058' 5l*. 559 127,1*71 •50,266 26,157 1*8,991* 1*3,559 9l*, 621 Total U« S+ Government Securities 23,1^7,667 Ili37,752 5,891,89!; 1602,220 2lU7,oii3 1361,217’ 1215,015 3i*&, 113.1062,713 617,505 1091,-617 911,265 2655,313 Total loans and securities 2U, 01*5.1*97 ll*67,8Qi* 6, 11*6,51*0 1628,779 2196,532 1580,006.121*2,000 3 551», 280 1089,725 62^,586 mi*,' 617. 912/875 2686,955 Due from foreign banks 110 7 1/ 1*0 10 10 5 1* : „ „ 5 5 , ‘ 5 . 5 8 F*R.notes of other banks -loi;, 696 1*,628 nr. 981- .l*,l*5l* '5,899 H,79l*' 8,535 11,575 : '8,595 • 5,677 5,806 l*,0l6 18,956 Uncollected items 2,527,51*9 159,1*76 507,229 159,516 221,159 185,823: 146,300 399,51*0 5 102,659 61,267 120,1-88 98,295 188,517 Bank premises 33,755 1,565 8,7H 5,557 !;, 008 2,733 1,575 5,1.18 2,069 1,257 2,605 831* 1,875 Other -assets 62,195 I*,l9l* 15,89!* 1*,236 6,275 3,906 3,670 8,287 5,657 1,659 5,068 2,823 6, 56!* TOTAL ASSETS U ;,67$,835 2U5l,983 11,773,320-2657;,326 3619,130 2?ii;,ol;6 239k,933 7306,302 1007,ii70 10^0,616 1879,571* 1526,^95508,029 l/ After deducting $70,000 participations' of other Federal Reserve Banks, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis