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, Jan. 18; of the Federal Reserve System not earlier. January 17,19^6 ' CONDITION OF THE FEDERA.L RESERVE BAITKS During the week ended January 16 member bank reserve balances increased $323,000,000. Additions to member bank reserves arose from increases of $65,000,000 in gold stock and $15,000,000 in Treasury currency and decreases of a;486,000,0p0 in Treasury deposits with, Federal Reserve Banks, $178,000,000 in money in circulation, and $50,‘-00,000 in nonmember deposits and other Federal Reserve accounts, offset in part by a decrease of $1*61).,000,000 in Reserve Bank credit and an increase of $6,000,000 in Treasury casht Excess reserves of member banks on January 16 woru estimated to be approximately $1,600,000,000. Holdings of loans, discounts'and-advances decreased' i£5>000,000 and of United States Government securities $i|22,000,000.- The decrease in holdings of United States Government securities reflects decreases of '$66,000,000 in 'b ills, $281,000,000 in certificates and $75,000,000 in notes. Changes in member bank reserve balances and related items during the week and the year ended January 16, I9U6, were as follows: Increase or decrease since' Jan* 16, Jan,■ 9, Jan. 17, 19U6 19U6 19U5 (In millions of dollars) U. S# Government securities 23,1*37 i|22 +1*,786 Loans, discounts and advances 212 5 + 79 Other Reserve Bank credit k2h . - 37 - 101 Total Ruserve Bank credit 2k,072 1*61* +U.762 Gold stock 20,111 + 65 - it 61 Treasury currency U,377 15 + 2148 timber bank reserve balances 16, il; 5 + 323 +1,989 Koney in circulation 28,119 178 +2,910 Treasury cash '2,262 + 6 - 108 Treasury deposits with F# R* Banks 272 - U86 - 62 Nonmember deposits and other F,R.accounts 1,762 - 50 - 180 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 JANUARY 16, 19^6 (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 Minn» Kans. Cy .- Dallas SanFran. Federal Reserve notes 2!;,32+2 *9501454,356 5,316,7401619,739.2071,021 >-1713,19611466,0351^ 09,1+671053,056 51+9,375 906,910 610,352 3171,603 Deposits: Member bank-reserve acct* 16.1Ü5.179 729,101 4,917,258 811,1+55 1206,393 737,1)19 786,819 231+6,862 613,[(.81+ 396,633 785,395 782,039 2032,321 U.S»Treasurer-general acct . 272,196 14,673 . 73,693 9,375 10,291+ 15,673 10,512 51+,926 12,810 12,131+ 13,090 5,653 39.363 Foreign 835,651 51 ,1+22 1/3014,269 66 ,056 714,011. 37,1+05 30,21+2 106,614!+ 27 ,059 19,896 26,263 25,1+67 66,911+ 01 ne r 42 1,398 5,859 322,319 4,585 7,837 3,103 3,068 9,1+38 10,871 2,71*6 2,161 1,817 1*7,591+ Total deposits 17,6?!+,1+21+ 801,055 5,617,539 891,471 1298 ,538 793,600 850,641 2517,370 661+,221+ 431,409 826,909 814,976 2180,192 Deferred availability items 1,891>180 156,876 379,381 106,722 170,11+1 141,303 144,087 271,516 104,388 47,944 109,890 70,866 188,266 Other lia b ilities including accrued dividends 8,1+58 1+5 2 1,703 489 979 386 346 2,106 277 236 311 288 835 TOT^JL LIABILITIES 1+3,917,012 21+12,739 11,315,363 2613,421 3541,279 2648,485 2441,109 7200,759 1821,945 1028,964 18144,020 1496,932 5546,946 Capital paid in: 178,837 10,682- 63,797 13,247 17,983 7,305 6,508 21,271 5,667 3,9io 5,881 6,-120 16,1+66 Surplus (Section 7) 358,355 22,1+39 116,360 28,946 33,745 15,593 14,450 53,029 12,939 8,869 11,391 10,670 28,924 Surplus (Section 13b) 27,1*28 3,012 7,205 4,501 1,007 3,326 762 1,1*29 527 1,073 1,137 1,307 2,142 Other capital accounts 27,711+ 2,260 3,1*42 2,267 2,352 2,500 2,171 2,909 1,826 1,746 1,880 1,908 2,653 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 1*1+,509 ,31+6 21+51,132 11,506,667 2667,382 3596,366 2677,009 2405,000 7279,597 1842,904 10144,562 18 61+,809 1516,987 5597,131 Commitments to make industrial loans 1,894 164 953 300 . 200 ---- — — — ---- .185 92 F* R. notes outstanding 25,141+1,288 1529,850 5,523,564 1688,790 2168,902 1787,472 1549,759 4547,255 1110,465 567,238 942,359 654,563 3370,595 Collateral for F. R« notes held by F. R. Agents? Gold certificates 10,658,000 460,000 3,520,000 500,000 635,000 600,000 680,000 1090,000 500,000 175,000 280,000 169,000 16I+9,000 E ligible paper 135,790 7,o4o 99,975 5,700 — 2,700 — 2,525 5,700 12.ISO ---- ---- U. S. Govt» securities 15,27l+,630 1100,000 2,000,000 1200,000 1550,000 1225,000 900*000 2900,000 399,650 l+oo ,000 700,000 500,000 1900,000 MATURITY DISTRIBUTION OF LOANS AND 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 years years 5 years Discounts and advances 209,91+0 156,355 33,685 10,100 9,300 — ---- :---- ---- Industrial loans 1,826 1,725 1 4 50 8 13 13 ! 12 ---- U» S. Govt, securities 23 »1436,639 2,84-3,91*4 3,i+o4,693 4,954,433 5,25.3*257 1,5.48,500 1+,25 5,54o ---- 507,652 690,690 l/ lifter deducting $530*332,000 participations of other Federal Reserve Sanks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R. 283a Released'for publication Friday, morning, January 18,19^6; not earlier. STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BaNKS COMBINED fin thousands of dollars) Increase or decrease since Jan. 16/ .Jan# 9# ^an* 17* 191*6 . 191*6 191*5 xi S S E T S Gold certificates 17,163,565 + 75,005 - 622,800 Redemption fund - F. R, notes 796,381 - 5,91*2 + 186,921 Total gold certificate reserves 17,959,9^6 + 69,063 - 1*35,879 Other cash 313,990 + 36,1*1*2 + 30,776 Discounts and advances 209,91*0 1*,900 + 80,525 Industrial loans 1,826 56 2,051 U. St Govt* securities; Bills 12,500,186 - 66,003 +1,511,928 Certificates 8,529,911 -280,600 +3,638,271 Notes 1,1*59,700 - 75,1*00 - 108,521 Bonds 91*6,892 - 256,030 Total U. St Government secmTETe s 23,1436,689 -1*22,003 +1*, 785,61*8 Total loans and securities 23,61*8,1*55. -1*26,959 +I4,861*, 122 Due from foreign banks 110 26 F, R* notes of other banks 176,386 + 5,1*36 + 68,156 Uncollected items 2,3114,686 +333,321 + 15U,1*96 Bank premises 33,378 + . 2 892 Other assets 62,395 + 2,720 + 1,61*1* TOTAL ASSETS 1*1*. 509,31*6 + 20,025 +1*, 682,397. L I A B I L I T I E S Federal .Reserve notes 21*, 31*2,950 -11*1,91*9 +2,678,125 Deposits: lviember bank - reserve account 16,11*5.179 +323,51*1* +1,988,833 U* S. Treasurer - general account* 272,196 -1*85,622 61,720 Foreign 835,651 - 70,581 - 327,951 Other 1*21,398 + 20,991 + 1*7,371 Total deposits 17,671*,1*21* -211,668 +1,61*6,533 Deferred availability items 1,391,180 +370,761* + 256,261 Other liabilities including accrued dividends 8,1*58 + 1*1*5 + 930 TOTAL LIABILITIES 1*3,917,012 + ,17,592 +14,581,81*9 C A P I T A L A C C O U N T S Capital paid in 178,837 + 587 + 13,711* Surplus (Section 7) 358,355 + 130,202 Surplus (Section 13b) •27> 1*28 ■ ■+ 263 Other capital accounts 27,711* + 1,81*6 - 1*3,631 TOTAL LIABILITIES'AND CAPITAL ACCOUNTS ' 1*1*, 509,31*6 + 20,025 +¿*,682,397 Ratio of gold certificate reserves to deposit and F#R. note liabilities combined 1*2. jfo + -• 6t 1% Commitments to make industrial loans 1,89U + 228 1,760 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. R, 2Qi|b STATEMENT-OF CONDITION OF THE FEDERAL RESERVE BANKS OK JANUARY 16, I9I+6 (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 17,163,565 730,-1+17 5,290,0014 815,89U. 1115,795 915,570 982,5U6 2779,710 561+, 683 317,702 579,21+1+ 1471,035 2600,965 Redemption fund for F. It* notes 796,381 59,‘ 077 108,5140 60,959 77,879 63,271+ 1+5,1+014 11+5,151+ i+2,950. 20,131 35,211 26,118 111,681+ Total gold certificate reserves 17,959,91+6 789,1+91+ 5,393,51+1+- 876,853 1193,671+ 978,8141+ 1027,950 29214,86^4 607,633 337,833 6114,1+55 1+97,153 2712,6149 Other cash 313,990 26,2Ä 56,662 21,319 23,758 214,1+79 31,765 38,620 17,003 7,1+26 15,156 12,880 38,668 Discounts and advances 209,91+0 10,0148 115,626 9,601 9,171 l+,909 12,186 18,2148 it, 123 6,875 13,701 1,501+ 3,91+8 Industrial loans 1,826 110 1,670 — 1+6 -- ... U.S*Govt, securities: Bills 12,500,186 698,136 2,633,236 790,821 10914,163 ■775,553 61; 1,6214 21+93,681 51+5,760 321+,959 551,935 1+35,830 1511+,i+88 Certificates 8,529,911 585,71+8 2,139,591 61+5,227 813,981+ 53l+,6l43 l4l+2,o66 1095,091 1+18,877 232,1489 1+15,21+2 373,186 833,767 Notes 1,1+59,700 100,238 366, li+2- 110,1+16 •139,295 91,1+92 75,6U9 •187,399 71,681 39,786 71,0o0 ' 63,862 11+2,680 Bonds 91+6,892 65,023 237,513 71,626 90,359 59,350 1+9,073 121,561+ 1+6,1+99 .-25*808 1+6. «96 1; 1.1+26. 92.555. * ‘ Total U. S. Government ' securities 23,1+36,689 114+9,11+5 5,376,482 1618,090 2137,801 11461,038 1208,1412 3897,735 1082,817 623,0142 10814,333 9li4,30i+ 2583,1+90 Total loans and securities 23,6k8,U55 il+59,:303 5,1+92,108 1629,361 21146,972 11+65,993 1220,598 3915,983' 1086,91+0 629,917 1098,031+' ’915,808 2587,1+38 Due from foreign banks . no . . 7: ■ ■ 37 10 10 - 5 1+ 15 - 3 ^ 3 h 3 9 F.R. notes of other banks 176,366 7,026 1/2^896 6,586 13,211 36,638 114,1+66 17,150 8,603 ..6,151+ 8,595 l+,982 28,079 Uncollected items 2,3*114,686 163,820 511,392 125,391+ 208,675 161+, 1+5Ö 165,317 370,1480 117,150 60,2314 123,011 82,51+9 222,211+ Bank premises 33,37ö 1,352 6,671+ 3,313 3,989 2,769 1,568 3,108 2,059 1,263 2,591 829 1,863 Other assets 62,395 3,876 il+,35l+ l+,5l+6 6,077 3,831 3,332 9,177 3,513 1,732 2,963 2,783 6,211 total assets U+,5,09,31+6 21+51,132 11,506,66? 2667,382 3596,366 2677,009 2I465,000 7279,397 181*2,901; 101+14,562 186U,809 1516,937 5597,131 l/ Aft'Sr deducting $73,000 participations cf other Federal Reserve Bank;g, Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis