H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F, H, 283 STATEMENT FOR TilE PRESS . Released for publication Board rf Governors Friday morning, Nov, 30} of the Federal Reserve System not earlier, November 29, 19^5 CONDITION OF THE FEDERAL RESERVE BANKS During the week ended November 28 member bank reserve balances increased $324,000,000, Additions to member bank reserves arose from an increase of $433,000,000 in Reserve Bank credit and decreases of $29,000,000 in money in circulation, $3,000/000 in Treasury cash and $8,000,000 in*nonmeinber deposits and other Federal Reserve accounts, offset in part by an increase of $147*000,000 in Treasury deposits with Federal Reserve Banks. Excess reserves of member banks on November 28 were estimated to be approximately $1,520,000,000# iioldings of loans, discounts and advances increased $161,000,000 and of United States Government securities $303,000,000, The increase in holdings of United States Government securities reflects increases o f1$137,000,000 in b ills, $119,000,000 in certificates and $48,000,000 in notes. Changes in rnerriber bank reserve balances and related items during the week and»the year ended November 28, 1945# wore as follows} ' Increase or decrease since Nov. 28, Nov, 21, Nov, 29, _ 1945 . 15)45 19Ü4 ( In millions of dollars) - U, S, Government securities 23,646 + . 303 + 5,093 Loans, discounts and advances 79U + 161 + 19U Other Reserve Bank credit 324 32 - ■ 43 Total Reserve Bank credit 24,764. + 433 + 5/244 Gold stock 20,031 - 1 657 Treasury currency- 4,297 — 177 Member bank reserve balances 16,261 324 + 1,-500 Money in circulation 28-, I69' - 29 ; +■3,172 Treasury cash 2,269 - 3 - 65 Treasury deposits with F, R, Banks 557 + 147 + 265 Nonmember deposits and other F,R.accounts 1,836 - 8 - 108 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 28, 191+5 (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 hid nn * Ka ris « Cy • Dallas S a n F1 r a n * Federal ftjserve notos 2l+,3l+ö,6oo 11+63,099 5*282,931+ 1610^3 2076,116 1727,010 il+75»758 14 13,351 101+2,362 51+6,1+55 • 906,091 624,085 3171,766 Member b ank-ne s e rve acct, 16#260#965 "736,954 5,151,119 806,633 ]1193,800 728,03? 719,990 2>377,496 603,348 389,672 808,425 728,995 2016,491 U.S-Treasuror-genera1 acct. 557,336 1+8,853 165,859 25,092 63,268 28,113 23,968 72,104 21,335 21,306 16,780 20,339 49,319 Foreign 875,359 56,385 1/549 *101 72,399 71,577 34,554 28,795 106,955 24,632 18,923 24,682 24,082 62,566 Other 1+76,026 5,81+8 “ 327,498 3,514 16,825 6,851 3,269 16,135 14,508 . 3,573 •1,680 2,045 74,682 Total deposits 1-8,169,686 81+8,01+0 5,993,037 .907,41+5 1545,470 797,555 776,022 2572,686 664,373 '435,274 851,567 776,üól 2203,558 Deferred availability items 1,566,688 120,780 299,533 94,273 14?,690 121,951 104 ,31+2 222,839 72,959 53,722 96,863 69,032 173,504 0tiier li abilities inc lu di eg accrued dividends 12,288 685 3,455 889 1,211-3 627 606 1,785 433 550 490 495 1»252 TOTAL LIABILITIES 1+1+,089,262 2l+32,óc¿+ 11,579,587 2613,048 3563,519 2647,143 2357,258 7210,711 1730,627 1018,301 1855,611 1470,273 5555,080 Capital paid in 173,14 63 10,463 61 ¿52 13,021 17,‘342 7,08 9 6,253 20,594 5,529 3,769 5 ;700 5,958 16,088 Surplus (Section 7) 223,153 15,239 84,905 19,372 19,071 7,815 7,936 35,201 7 ,ol+8 4,950 6;196 6,025 15,399 Surplus (Section 13b) 27,165 2,330 7,143 4 , hod 1,007 3,290 762 1,42° 527 1,073 1,137 l ,307 2,142 Other capital accounts 144,779 3,991 31,359 10,307 ' 15,708 9,250 7.964 21,002 7,030 5,326 6,932 5,990 14,310 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 44,662,322 2470,182 11,764,944 2660,716 3621,847 2674,585 2380,173 7236,997 1300,811 1033,919 1375,576 1439,553 5603,519 Commitments to make industrial loans 3 >2 57 164 2,066 300 3OO ---- ---- ---- ---- ---- 135 2I+2 F* X* notes outstanding 25,138,466 1501,726 5,414,173 1663,507 2143,430 1770,124 :1545,770 4503,304 1095,020 560,539 953,767 660,710 3331,541 Collateral for F*. R. notes * • held by F. R. Agents: Gold certificates 10,778,000 '410,000. 3,270,000 470,000 695,000 625,000 660,000 2090,000 300,000 165,000 230,000 164,000 1649,000 Eligible paper 613,210 35,515. 410,310 9,650 6,300 — ---- 39,235 7,200 21,900 — 35,050 U. S. Govt* securities 14,627,334 1100;ooo 2,100,000 1200 * O O O rH -J U\ 0 •» 0 0 0 1175,000 900,000 2450,000 352 ,3 34 400,000 700,0u0 500,000 1300,000 ' MATURITY DISTRIBUTION'OF LOilNS and SECURITIES Within l6 to 31 to 6l to 9.1 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 years years 5 years Discounts and advances 791,416 '705,215 24,511 6,240 55,450 ---- ---- Industrial loans 2,421 . - :2,110 117 178 2 6 3 . . » : ---- —— U. S. Gov't, securities 23,646,213 3¿280,871 2,026,718 4,603,138 5,369,533 2,303,121 4,072,890 273,300 507,652 703,390 l/A fter deducting $52l+,39l+,OOOparticipations of other Federal Resérve Banks, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F, 1<4 283a Released for publication Friday morning, November 30,19^5; n0^ earlier. STaTEMEUT OF CONDITION OF THE TVvELVE FEDERAL RESERVE, BANKS COMBINED (In thousands of dollars) Increase or decrease since Nov. 28, Nov. 21, Nov. 29, . 19U5 19U5 1944 A S S. E T S Gold certificates 17,110,565 995 - 846,795 Redemption fund for J?’# R« notes 760,725 + 999 + 191,518 Total gold certificate reserves 17.871,290 + . 4 - (655,277 Other cash 234,846 + 4,9^0 - ‘ 6,725 Discounts and advances 791,416 +161,008 + 198,321 Industrial loans 2,421 123 - ' 4,371 U.' S, Govt, securities: Bills 12,968,315 +136,602 + 865,519 Certificates 7,'658,961 +118,500 +3.565,971 Notes 2,041,550 + 48,500 + 928,179 Bonds 977,392 - 266,034 Total'77, S. Government securities ~ ‘ 23,646,218 +303,602 +5,093,635 Total loans and securities 24,440,055 +464,487 +5,287,585 Due from foreign banks ^ 110 26 F. Rv notes of other banks 124,729 + 3,3614 ' + 45.093 Uncollected items 1,890,150 -156,361 +■ 58 Bank promises 33,683 33 644 Other assets 67,959 + 3,007 + 7,007 TOTAL ASSETS 44, 662,822 +3l9,4o8 +4,677,071 L I A B I L I T I E S Federal Ruservo notes 24,340,600 - 22,894 +2,970,715 Deposits: Member bank - reserve account 16,260,965 +324,180 +1,499,998 U. S. Treasurer - general account 557,336 +147,456 + 264,849 Fo reign 875,3.59 - 26,830 - . 372,792 Other 476,026 + 18,697 + 175,217 Total deposits 18,169,686 +463,503 +1,567,272 Deferred availability items 1,566,688 -124,073 + 43,802 Other liabilities including .accrued dividends 1 12,288 '+ 701 + 627 TOTAL LIABILITIES 44,089,262 +317,237 +4,582,416 C A P I T A L A C C O U N T S Capital paid in ' 173,463 *+ 57 + • 12,59U Surplus (Section 7 ): 228,153 + 4o,056 Surplus (Seation 13b) 27,-165 + 200 Other capital accounts ■ 144,779 ,+ 2,114 + 41,805 TOTA*. LIABILITIES AND CAPITAL ACCOUNTS 44,662,822 ■ +319,408 - +4,6?7,07l Ratio of gold certificate reserves to deposit and F. R. note liabilities combined 42. C# - .35 6.8% Commitments to make industrial „loans 3,257 ,+ ,297 840 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 28, 1945 (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 17,110,565 7^9*926 4,951*417' 817,322 1116,926 1059*334 924,533 3142,477 550,704 320,999 577*223 457,095 2422,609 Redemption fund for * Fm R. notes 760,725 .'59*551 111,019 61,550 72,837 61,835 46,591 124,820 43,135 20,I91 35,360 26,288 97*548 Total gold certificatereserves 17,871,290 829,477 5,062,436 878,872 1189,763 1121,169 971,124 3267,-97 593,839 341,190 612,583 483,383 2520,157 Other cash 234,846 20,327 40,799 15,722 20,269 14,891 20,579 ' 27,562 12,962 7.728 12,900 8,905 32,202 Discounts and advances 791*1*16 36,664 427,324 13*786 32,139 8,274 26,035 84,876 40,695 8,281 23,310 1,410 88,622 Industrial loans 2,421 115 — 2,011 — 65 — 40 — ---- 15 — 175 U. S# Govt,securities: - B ills 12,968,315 728,351 3,203,805 825,741 1157,132 702,710 630,141 2191,151 508,543 331,471 568,499 430,771 1690,000 Certificates 7,658,961 517,700 1,874,290 570,689 737,410 471,080 426,314 997,890 392,770 205*449 3q3,490 339*345 742,534 Notes 2,o4l,550 137,996 499,606 152,122 I96,562 125,570 113,637 265,99k 104,697 54,763 102,220 90,ù55 197,928 Bonds 977,392 66,066 239,186 ■ 72,828 94,104 ■ 60,117 54,4o4 127,344 ' 50,124 '26.218 48,938 43,305 94,753 Total U. S.'Government . . ' ' ' . securities 23,646,218 l45P*il3 *5,816,887 1621,380 2185*208 1359,^77 1224,496 3582,379 1056,134 617,901 H 03¿147 903,8762725,220 Total loans and securities 24,440,055 1486,892 6,244,211.1637,177 2217,347 1367,816 1250,531 3667,295 1096,829 626,182 1126,472 905,286 2814*017 Due from foreign banks 110 7 1/ 4o 10 . 10 5 4 14 3 3 • .3 3 8 F.R*notes of other banks 124,729 4,181- 18,638 4,751 7,4i9 17/797 9,906 13.825 8,912 5*986 7,385 4,714 21,215 Uncollected items 1,890,150 12?,300 374,942 116.400 176,155 145>980 122 ..447 298,555 82,-,247 49,730 110,288 83.-189 206,917 Bank premises 33*6-33 1,559 8,711 3,325 3*993 2.-776 i> 572 3,117 2,064 1,255 2,603 834 1,869 Other assets 67*959 4,439 15,167 4,459 6,886 4,151 4,010 9*332 3*955 1*345 3,342 3,239 7,134 TOTAL ASSETS 44,662,822 2470,182 11,764,944 2660,716 3621,847 2674,585 2380,173 7286,997 1800,811 1033,919 1875,576 1489,553 5603,519 l/ After deducting $70-,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis