H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Form F. R. 233 STATEMENT FOR THE PRESS . Released for publication Board of Governors Friday morning, Feb. 1; of the Federal Reserve System not earlier. January 31» 1946 aONDITION OF THE FEDERAL RESERVE BANKS « v V * * * ’ .» During the* week ended January 30 member bank reserve balances decreased $178,000,000, Reductions in member’ bank reserves resulted from increases of $181].,000,000 in Treasury deposits with Federal Reserve Banks, $60,000,000 in non­ member deposits and other Federal Reserve accounts and $13,000,000 in Treasury cash and a decr@ase*<of $2lj.,000,0p0 -iii 'Reserve Bank credit, offset in part by a decrease of $63,000,000 in money in circulation and increases of $22,000,000 in gold stock and $19,000,000 in ‘Treasury currency. Excess reserves of member banks on January 30 were estimated to ‘£e approximately $1,220,*000,000* Holdings of loans, ^discounts find advances increased $103,000,000 while holdings of United States Government securities decreased $1^,000,000* The decrease in holdings of United States Government securities reflects decreases of $130,000,000 in certificates and $22,000,000 in notes and an increase of $106,000,000 in b ills. Changes in member bank reserve balances and related items during the week and the year ended January 30, 19146, were as follows: Increase ot decrease since Jan, 30» Jan. 23, Jan. 31, I9U6. 19k 6 1945 ( In m illion OC 0 dollars) U. S, Government securities 23,297 ■ 44 + 4,291 Loans, discounts and advances 312 + 103 + 132 Other Reserve Bank credit 289 - 82 77 Total Reserve Bank credit 23,898 — 2k + 4,346 Gold stock 20,157 + 22 - 393 Treasury currency It, it Oi; 19 + 277 Member bank reserve balances 15,681 ■178 + 1,797 Money in circulation 27,914 - 63 + 2,624 Treasury . cash 2,295 13 76 Treasury deposits with-F, R, Banks 7o2 + 184 + 114 Fonmember deposits and other F.R.accounts 1,805 + 60 231 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

30 Form F. R. 285c STATEMENT OF CONDITION OF THE FEDERAL RESERVE BANKS OH JANUARY , (in thousands of dollars) L I A B I L I T I E S Total Boston New York Phila* Clave* Rich. Atlanta Chicago St.Louis Kinn. Kans.Cy. Dallas SanF ran* Fe-eral Reserve notes 24,147,899 1445 »392 51+5,091 901,109 604,7144 5127,295 Deposits; Member bank-reserve acct. 15,681,18? 686,531+ 4,869,699 793,609 1150,010 690,17!+ 729,853 2281+J+30 589,110 386,289 771,845 750,761 1998,875 U.S•Treasurer-general accti 762,397 57,251+ 118,806 1j4,844 68,563 53 , 330 38,1+31 131,951 1+1,661+ 1+5,1+61 50,540 57,748 54,005 Foreign 572,265 53 »622. 1/318,360 68,860 7 7,156 38,955 31,526 111,171 28,208 20,71+1 27,378 26,548 69,702 Other 1+25,1+07 3,675 “ 328,150 l+,563 8,688 3,1+12 5,71+2 6,555 11,125 3,455 1,594 1,028 47,642 Total deposits 17,741,256 801,085 5,635,015 911,876 1304,417 785 *909 803,552 2536,107 670,107 455,924 850,957 816,085 2170,222 Deferred availability it ì 1,727,921 137,257 530,546 102,685 160,479 1314,942 151,557 241,091 80,702 1+0,147 97,962 75,494 197,231 Other lia b ilitie s including accrued dividends 9,953 448 .2,47 9 495 954 468 47O 2,174 517 ....._ 336 565 ____ 398 1,031 TOTAL LIABILITIES 43,627,009 2382,182 11,249*704 2623,902 3520.320 2618,127 2538,793 7163,305 1798,239 1041,498 185.0,591 1494,7a 5495,827 Capital paid in 179.508 10 ¿701 63,935 13,350 18,023 7,350 6,605 21,396 5,712 5,920 .5,900 6,130 16,486 Surplus (Section 7) 358,355 22,439 116,860 23 ,946 55,745 15,593 14,450 '55,029 12,959 8,869 11,891 10,670 28,924 Surplus (Section 13b) 27,428 3,012 ••,7*205 4,501 1,007 3,326 762 1,429 527 1,075 1,157 1,507 2 ,142 Other capital accounts 31,826 2,590 4,351 2,590 2,737 2,562 2,374 5,602 2,035 1,865 2,102 2,067 2,925 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 44,224,126 2420,924 ll^ii+2,035 2673,239 3575,652 2646,958 2412,984 7242,761 1819,502 1057,225 1871,421 1514,895 5546,502 Commitments to make indies tria l loans 1,605 164 673 500 200 --------- — --------- 178 90 F. R. notes outstanding 25,281,326 1520,565 5,510,007 1682 ¿20 2144,267 1779,331+ 15 38,944 4523,675 1106,305 562,15-2 955,655 648,1]3 5329,834 Collateral for F. R. notes hela by F. R. Agents: Gold certificates 10,618,000 460,000. v ,520,000 500,000 635,000 600,000 630,000 1660,000 300,000 165,000 280,000 169,000 1649,000 • E ligible paper 209,665 10,500 120,630 4,220 — 2,500 --------- --------- 15,290 20 ,100 56,425 — — U. S. Govt, securities 15,325,031 1100,000 2,000,000 1200,000 1550,000 1225,000 900,000 2900,000 950,031 400,000 700,000 500,000 1900,000 J£rt:TU5LIT Y DISTRIBUTION OF LO.JiS iJD SECÜR2:TI£3 Within 16 to 51 to 6l to 91 days to 6 months 1 to 2 2 to 5 ovrer Total . 15 days 50 dey s 60 days 90 days 6 months to 1 year y oars y jar■s 5 y-ar 3 Discounts and advances 310,030 238,135 24,,590 1,455 45,370 ______ --------- --— Industrial loans 1,785 1,639 5 1+5 5 8 12 15 12 U« S. Govt, securities 25,296,557 i+,262,535 2,917,921 . i+,207,Ut0 5,552,6 11. 1,102,500 5,945,51+0 507,652 690,690 l/ After deducting $555,365,000 participations of othor .Fpdorul Rui'-i’vc Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Forra F. K. 2òja Released for publication Friday morning, February I,; 191*6; not earlier. •STaTEuENT OF. CONDITION OF THjj TWELVE FEDERAL RESERVE BANKS' COMBINED (In thousands of dollars) Increase or decrease since Jap. 30, Jan. 23, Jan# 31, • , 1946 1946 1945 A S S E T S Gold certificates 17,188,565 + 25,000 - 580,300 Redemption fund - P. R. notes 794,424 __ + 190,036 Total gold certificate*-reserves' 17,982,989 +•25,000 - 390,264 Other cash 356,110 + 16,891 + 63,566 Discounts and advances 310,030 +102,885 + 134,180 Industrial loans 1,783 60 - 2,141 U.S. Govt, securities: Bills 12,888,234 +106,201 +1,512,429 Certificates 8,056,711 -129,500 +3,160,071 Note's 1,404,700 - 21,500 - 163,521 Bonds 9I46,892 -- - 218,780 Trbal U, 3. Government • securities 23,296,537 - 44,799 +4,290,199 Total loans and securities '23,608,350 + 58,026 +4,422,238 Due from foreign banks 110 6 F. R. notes of 6ther banks 159,729 - 12,596 + 62,330 Uncollected items 2,016,971 -191,352 + 138,086 Bank premises 33,329 31 1,153 Other assets 66,530 + 1,515 75 total assets 44,224,126 -102,547 +4,294,722 L I A B I L I T I E S Federal .Reserve notes 2k, lit?, 899 - 61,013 +2,399,853 Deposits : Member bank - reserve account 15,681,187 -178,225 +1,797,469 U. S. Treasurer general account 762,397 +184,691 + 114,816 Foreign 072,265 + 34,992 - 374,489 Other 425,407 + 23,454 + 38,375 Total deposits 17,741,256 + 64,912 +1,576,171 Deferred availability items ^ 1,727,921 -109,069 + 215,027 Other liabilities including accrued dividends 9,933 + 92 + 2,418 TOTAL .LIABILITIES 43,627,009 . -105,078 +4,193,469 C AP I T A’ L ’ A C. C O U H I S Capital paid in 179,508 + 362 + 13,964 Surplus (Section 7) 359,355 + 130,202 Surplus (Section 13b) ■27,428 + 263 Other capital accounts. .. . '31,326 + 2,169 - 43,*76 TOTAL LIABILITIES AND .CAPITAL ACCOUNTS 44,224,126 -102,547 +4,294,722 Ratio of gold certificate reserves to deposit and F.R.note liabilities combined 42.9fo — 5* 6% Commitments to make industrial loans 1,605 - + 18 1,856 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Form F. , h. 284b STATEMENT OF CONDITION OF THE FEDERAL RESEkVE BaNKS ON JANUARY 30, 1946 (In thousands of dollars) ü S b E T S Total Boston New York Phila. Cleve. Rich. Atlanta Chicago St.Louis iiinn. Kans.Cy. Dallas San Fran. Gold certificates 17,188,565 735.795 5,385,707 839,283 1075,299 911,207 955,293 2839,347 553,642 321,814 568,159 •465,690 2537,329 Redemption fund for F. R. notes 794,424 58,979 108,129 60,826 77,768 62,665 45,129 145,042 42,921 20, II9 35,176 26,086 111,582 Total gold certificate reserves 17,932,989 794,774 5,493,836 900,109 1153,067 973,872 1000,422 2984,389 596,563 341,933 603,337 491,776 2648,911 Other cash 356,110 29,504 62,570 24,807 27,847 26,417 37,037 46,715 19,389 7,270 17,415 13,717 43,422 Discounts and. advances 310,030 13,380 135,615 7,955 27,720 4,615 13,490 23,080 16,820 21,225 37,910 4,440 3,780 Industrial' loans 1,783 106 — 1,638 — 39 — — — — — — — OvS.Govt* securities: Bills 12,888,234 722,149 2,678,595 817,917 1158,774 790,424 661,524 2513,042 570,765 341,726 591,825 456,392 1585,101 Certificates 8,056,711 551.935 2,025,462 509,081 766,959 504,6^2 417,285 1034,688 396,IO5 219,165 392,177 352,758 786,454 Notes 1,404,700 96,230 353,142 106,194 133,720 87,985 72,755 180,400 69, 062 38,212 68,377 61,503 137,120 Bonds 946,892 64,868 238,049 71,584 90,139 59,309 49,043 121,606 46,554 25,758 40,092 41,459 92,431 * •f ■ 1 " 1 . Total U# S.Government securities 25,296,537 1435.182 5,295,248 1604,776 2149,592 1442,360 1200, $07 3849,736 1082,486 624,861 1098,471 912,112 2,601,106 Total loans and securities 23,608,350 1448,668 5,430,863 1614,369 2177,312 1447,014 1214,097 3872,816 1099,306 646,086 1136,381 916,552 2604,886 Due from foreign banks 110 7 1/ 37 10' 10 5 4 15 3 3 . 4 3 9 F*R. notes of other banks 159,72q 5,882 14,997 4,096 13,455 42,462 13,779 13,923 7,387 7,180 7,230 4,463 24,875 Uncollected items 2,016,971 136, 64o 415,394 121,984 193,438 150,230 142,408 313,019 90,966 51,702 101,262 84,407 215,521 Bank premises 33,329 1,348 8,674 3,301 3,979 2,762 1,565 3,107 •2,056 1,261 .2,591 829 1,856 Other assets 66,538 4.101 15,664 4,613 6,724 4,196 3,672 8,777 3,832 1,788 3,201 3,148 6,822 TOTxiL assets 44,224ri26 2420,924 11,442,035 2673,289.3575,832 2646,958 2412,984 7242,.761 1319,502 1057,223. 1871,421 1514/89.5 5546,302 l/ After deducting $73,000 participations of other Federal Reserve Banks. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis